XML 50 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900
Note 1 - Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Related Party Transactions [Table Text Block]
                   

(In thousands)

Years Ended December 31,

 

2015

   

2014

   

2013

 

Legal fees

  $ 221     $ 212     $ 169  

Commissions and fees related to the sale of repossessed commercial real estate and property management

    9       10       9  

Insurance premiums/commissions

    1       8       8  

Other

    5       9       6  

Total

  $ 236     $ 239     $ 192  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
                   

(In thousands, except per share data)

Years Ended December 31,

 

2015

   

2014

   

2013

 

Net income, basic and diluted

  $ 14,992     $ 16,459     $ 13,446  

Less preferred stock dividends and discount accretion

    395       1,927       1,951  

Net income available to common shareholders, basic and diluted

  $ 14,597     $ 14,532     $ 11,495  
                         

Average common shares outstanding, basic and diluted

    7,494       7,483       7,474  
                         

Net income per common share, basic and diluted

  $ 1.95     $ 1.94     $ 1.54  
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
       
   

ESPP

 
   

2015

   

2014

   

2013

 

Expected volatility

    32.6 %     37.4 %     45.7 %

Dividend yield

    -       -       -  

Risk-free interest rate

    .02       .04       .06  

Expected life (in years)

    .25       .25       .25  
                         

Fair value

  $ 5.08     $ 4.69     $ 4.01