Note 6 - Loans and Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2016

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	September 30 , 201 6
	FUSB		ALC		Total
	(Dollars in Thousands)
Real estate loans:
Construction, land development and other land loans	$	24,610	$	—	$	24,610
Secured by 1-4 family residential properties		32,559		14,462		47,021
Secured by multi-family residential properties		16,801		—		16,801
Secured by non-farm, non-residential properties		97,859		—		97,859
Other		185		—		185
Commercial and industrial loans		54,459		—		54,459
Consumer loans		6,289		80,915		87,204
Other loans		46		—		46
Total loans		232,808		95,377		328,185
Less: Unearned interest, fees and deferred cost		191		7,205		7,396
Allowance for loan losses		1,216		2,452		3,668
Net loans	$	231,401	$	85,720	$	317,121

	December 31, 201 5
	FUSB		ALC		Total
	(Dollars in Thousands)
Real estate loans:
Construction, land development and other land loans	$	11,827	$	—	$	11,827
Secured by 1-4 family residential properties		30,730		17,233		47,963
Secured by multi-family residential properties		11,845		—		11,845
Secured by non-farm, non-residential properties		83,883		—		83,883
Other		115		—		115
Commercial and industrial loans		29,377		—		29,377
Consumer loans		7,057		76,131		83,188
Other loans		379		—		379
Total loans		175,213		93,364		268,577
Less: Unearned interest, fees and deferred cost		149		9,215		9,364
Allowance for loan losses		1,329		2,452		3,781
Net loans	$	173,735	$	81,697	$	255,432

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	FUSB
	Nine M onths Ended September 30 , 201 6
	Commercial & Industrial			Commercial Real Estate			Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	133		$	1,118		$	27		$	37		$	14	$	1,329
Charge-offs		(1	)		(40	)		(30	)		(10	)		—		(81	)
Recoveries		28			234			40			16			—		318
Provision		(31	)		(378	)		(26	)		64			21		(350	)
Ending balance		129			934			11			107			35		1,216
Ending balance individually evaluated for impairment		—			413			—			5			—		418
Ending balance collectively evaluated for impairment	$	129		$	521		$	11		$	102		$	35	$	798
Loan receivables:
Ending balance		54,459			139,455			6,289			32,559			46		232,808
Ending balance individually evaluated for impairment		—			2,107			—			—			—		2,107
Ending balance collectively evaluated for impairment	$	54,459		$	137,348		$	6,289		$	32,559		$	46	$	230,701

	ALC
	Nine Months Ended September 30 , 201 6
	Commercial & Industrial		Commercial Real Estate		Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	—	$	—	$	2,201		$	251		$	—	$	2,452
Charge-offs		—		—		(2,218	)		(49	)		—		(2,267	)
Recoveries		—		—		500			34			—		534
Provision		—		—		1,808			(75	)		—		1,733
Ending balance		—		—		2,291			161			—		2,452
Ending balance individually evaluated for impairment		—		—		—			—			—		—
Ending balance collectively evaluated for impairment	$	—	$	—	$	2,291		$	161		$	—	$	2,452
Loan receivables:
Ending balance		—		—		80,915			14,462			—		95,377
Ending balance individually evaluated for impairment		—		—		—			—			—		—
Ending balance collectively evaluated for impairment	$	—	$	—	$	80,915		$	14,462		$	—	$	95,377

	FUSB and ALC
	Nine Months Ended September 30 , 201 6
	Commercial & Industrial			Commercial Real Estate			Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	133		$	1,118		$	2,228		$	288		$	14	$	3,781
Charge-offs		(1	)		(40	)		(2,248	)		(59	)		—		(2,348	)
Recoveries		28			234			540			50			—		852
Provision		(31	)		(378	)		1,782			(11	)		21		1,383
Ending balance		129			934			2,302			268			35		3,668
Ending balance individually evaluated for impairment		—			413			—			5			—		418
Ending balance collectively evaluated for impairment	$	129		$	521		$	2,302		$	263		$	35	$	3,250
Loan receivables:
Ending balance		54,459			139,455			87,204			47,021			46		328,185
Ending balance individually evaluated for impairment		—			2,107			—			—			—		2,107
Ending balance collectively evaluated for impairment	$	54,459		$	137,348		$	87,204		$	47,021		$	46	$	326,078

	FUSB
	Year Ended December 31, 201 5
	Commercial & Industrial			Commercial Real Estate			Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	141		$	2,810		$	114		$	421		$	—	$	3,486
Charge-offs		—			(767	)		(17	)		(68	)		—		(852	)
Recoveries		61			12			70			111			—		254
Provision		(69	)		(937	)		(139	)		(428	)		14		(1,559	)
Ending balance		133			1,118			28			36			14		1,329
Ending balance individually evaluated for impairment		80			230			—			—			—		310
Ending balance collectively evaluated for impairment	$	53		$	888		$	28		$	36		$	14	$	1,019
Loan receivables:
Ending balance		29,377			107,670			7,057			30,730			379		175,213
Ending balance individually evaluated for impairment		444			2,018			—			252			—		2,714
Ending balance collectively evaluated for impairment	$	28,933		$	105,652		$	7,057		$	30,478		$	379	$	172,499

	ALC
	Year Ended December 31, 201 5
	Commercial & Industrial		Commercial Real Estate		Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	—	$	—	$	2,336		$	346		$	—	$	2,682
Charge-offs		—		—		(2,552	)		(187	)		—		(2,739	)
Recoveries		—		—		712			22			—		734
Provision		—		—		1,706			69			—		1,775
Ending balance		—		—		2,202			250			—		2,452
Ending balance individually evaluated for impairment		—		—		—			—			—		—
Ending balance collectively evaluated for impairment	$	—	$	—	$	2,202		$	250		$	—	$	2,452
Loan receivables:
Ending balance		—		—		76,131			17,233			—		93,364
Ending balance individually evaluated for impairment		—		—		—			—			—		—
Ending balance collectively evaluated for impairment	$	—	$	—	$	76,131		$	17,233		$	—	$	93,364

	FUSB and ALC
	Year Ended December 31, 201 5
	Commercial & Industrial			Commercial Real Estate			Consumer			Residential Real Estate			Other		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	141		$	2,810		$	2,450		$	767		$	—	$	6,168
Charge-offs		—			(767	)		(2,569	)		(255	)		—		(3,591	)
Recoveries		61			12			782			133			—		988
Provision		(69	)		(937	)		1,567			(359	)		14		216
Ending balance		133			1,118			2,230			286			14		3,781
Ending balance individually evaluated for impairment		80			230			—			—			—		310
Ending balance collectively evaluated for impairment	$	53		$	888		$	2,230		$	286		$	14	$	3,471
Loan receivables:
Ending balance		29,377			107,670			83,188			47,963			379		268,577
Ending balance individually evaluated for impairment		444			2,018			—			252			—		2,714
Ending balance collectively evaluated for impairment	$	28,933		$	105,652		$	83,188		$	47,711		$	379	$	265,863

Financing Receivable Credit Quality Indicators [Table Text Block]

	FUSB
	Pass 1-5		Special Mention 6		Substandard 7		Doubtful 8		Total
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	23,075	$	—	$	1,535	$	—	$	24,610
Secured by 1-4 family residential properties		31,450		217		892		—		32,559
Secured by multi-family residential properties		16,801		—		—		—		16,801
Secured by non-farm, non-residential properties		93,344		3,787		728		—		97,859
Other		185		—		—		—		185
Commercial and industrial loans		53,310		881		268		—		54,459
Consumer loans		6,173		—		116		—		6,289
Other loans		46		—		—		—		46
Total	$	224,384	$	4,885	$	3,539	$	—	$	232,808

	ALC
	Performing		Nonperforming		Total
	(Dollars in Thousands)
Loans secured by real estate:
Secured by 1-4 family residential properties	$	14,213	$	249	$	14,462
Consumer loans		79,664		1,251		80,915
Total	$	93,877	$	1,500	$	95,377

	FUSB
	Pass 1-5		Special Mention 6		Substandard 7		Doubtful 8		Total
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	9,862	$	—	$	1,965	$	—	$	11,827
Secured by 1-4 family residential properties		29,252		228		1,250		—		30,730
Secured by multi-family residential properties		11,845		—		—		—		11,845
Secured by non-farm, non-residential properties		78,647		4,315		921		—		83,883
Other		115		—		—		—		115
Commercial and industrial loans		28,170		482		725		—		29,377
Consumer loans		6,905		—		152		—		7,057
Other loans		379		—		—		—		379
Total	$	165,175	$	5,025	$	5,013	$	—	$	175,213

	ALC
	Performing		Nonperforming		Total
	(Dollars in Thousands)
Loans secured by real estate:
Secured by 1-4 family residential properties	$	16,964	$	269	$	17,233
Consumer loans		74,743		1,388		76,131
Total	$	91,707	$	1,657	$	93,364

Past Due Financing Receivables [Table Text Block]

	FUSB
	As of September 30 , 201 6
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	86	$	86	$	24,524	$	24,610	$	—
Secured by 1-4 family residential properties		61		15		208		284		32,275		32,559		—
Secured by multi-family residential properties		—		—		—		—		16,801		16,801		—
Secured by non-farm, non-residential properties		—		—		—		—		97,859		97,859		—
Other		—		—		—		—		185		185		—
Commercial and industrial loans		26		17		—		43		54,416		54,459		—
Consumer loans		30		—		9		39		6,250		6,289		—
Other loans		—		—		—		—		46		46		—
Total	$	117	$	32	$	303	$	452	$	232,356	$	232,808	$	—

	ALC
	As of September 30 , 201 6
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Secured by 1-4 family residential properties		55		20		244		319		14,143		14,462		—
Secured by multi-family residential properties		—		—		—		—		—		—		—
Secured by non-farm, non-residential properties		—		—		—		—		—		—		—
Other		—		—		—		—		—		—		—
Commercial and industrial loans		—		—		—		—		—		—		—
Consumer loans		900		504		1,247		2,651		78,264		80,915		—
Other loans		—		—		—		—		—		—		—
Total	$	955	$	524	$	1,491	$	2,970	$	92,407	$	95,377	$	—

	FUSB
	As of December 31, 201 5
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	86	$	86	$	11,741	$	11,827	$	—
Secured by 1-4 family residential properties		118		206		360		684		30,046		30,730		—
Secured by multi-family residential properties		—		—		—		—		11,845		11,845		—
Secured by non-farm, non-residential properties		530		—		148		678		83,205		83,883		—
Other		—		—		—		—		115		115		—
Commercial and industrial loans		22		52		—		74		29,303		29,377		—
Consumer loans		49		4		83		136		6,921		7,057		—
Other loans		—		—		—		—		379		379		—
Total	$	719	$	262	$	677	$	1,658	$	173,555	$	175,213	$	—

	ALC
	As of December 31, 201 5
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Secured by 1-4 family residential properties		91		206		252		549		16,684		17,233		—
Secured by multi-family residential properties		—		—		—		—		—		—		—
Secured by non-farm, non-residential properties		—		—		—		—		—		—		—
Other		—		—		—		—		—		—		—
Commercial and industrial loans		—		—		—		—		—		—		—
Consumer loans		965		567		1,377		2,909		73,222		76,131		—
Other loans		—		—		—		—		—		—		—
Total	$	1,056	$	773	$	1,629	$	3,458	$	89,906	$	93,364	$	—

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	Loans on Non-Accrual Status
	September 30 , 201 6		December 31, 201 5
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	86	$	339
Secured by 1-4 family residential properties		731		968
Secured by multi-family residential properties		—		—
Secured by non-farm, non-residential properties		61		213
Commercial and industrial loans		22		47
Consumer loans		1,366		1,535
Total loans	$	2,266	$	3,102

Impaired Financing Receivables [Table Text Block]

	September 30 , 201 6
Impaired loans with no related allowance recorded	Carrying Amount		Unpaid Principal Balance		Related Allowances
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	—	$	—	$	—
Secured by 1-4 family residential properties		—		—		—
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		—		—		—
Commercial and industrial		—		—		—
Total loans with no related allowance recorded	$	—	$	—	$	—
Impaired loans with an allowance recorded
Loans secured by real estate
Construction, land development and other land loans	$	1,361	$	1,361	$	305
Secured by 1-4 family residential properties		195		195		5
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		551		551		108
Commercial and industrial		—		—		—
Total loans with an allowance recorded	$	2,107	$	2,107	$	418
Total impaired loans
Loans secured by real estate
Construction, land development and other land loans	$	1,361	$	1,361	$	305
Secured by 1-4 family residential properties		195		195		5
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		551		551		108
Commercial and industrial		—		—		—
Total impaired loans	$	2,107	$	2,107	$	418

	December 31, 201 5
Impaired loans with no related allowance recorded	Carrying Amount		Unpaid Principal Balance		Related Allowances
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	—	$	—	$	—
Secured by 1-4 family residential properties		54		54		—
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		—		—		—
Commercial and industrial		—		—		—
Total loans with no related allowance recorded	$	54	$	54	$	—
Impaired loans with an allowance recorded
Loans secured by real estate
Construction, land development and other land loans	$	1,445	$	1,445	$	95
Secured by 1-4 family residential properties		198		198		5
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		573		573		130
Commercial and industrial		444		444		80
Total loans with an allowance recorded	$	2,660	$	2,660	$	310
Total impaired loans
Loans secured by real estate
Construction, land development and other land loans	$	1,445	$	1,445	$	95
Secured by 1-4 family residential properties		252		252		5
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		573		573		130
Commercial and industrial		444		444		80
Total impaired loans	$	2,714	$	2,714	$	310

Average Net Investment Impaired Loans and Interest Income Recognized and Received on Impaired Loans [Table Text Block]

	September 30 , 201 6
	Average Recorded Investment		Interest Income Recognized		Interest Income Received
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	1,388	$	32	$	32
Secured by 1-4 family residential properties		245		10		11
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		559		25		24
Commercial and industrial		—		—		—
Total	$	2,192	$	67	$	67

	December 31, 201 5
	Average Recorded Investment		Interest Income Recognized		Interest Income Received
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	1,493	$	44	$	46
Secured by 1-4 family residential properties		139		14		14
Secured by multi-family residential properties		1,892		—		—
Secured by non-farm, non-residential properties		3,329		35		36
Commercial and industrial		264		26		26
Total	$	7,117	$	119	$	122

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	September 30 , 201 6						December 31, 201 5
	Number of Loans		Pre- Modification Outstanding Principal Balance		Post- Modification Principal Balance		Number of Loans		Pre- Modification Outstanding Principal Balance		Post- Modification Principal Balance
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans		2	$	1,960	$	1,341		3	$	2,220	$	1,698
Secured by 1-4 family residential properties		4		335		257		4		200		103
Secured by non-farm, non-residential properties		2		113		44		2		113		52
Commercial loans		2		116		90		2		116		94
Total		10	$	2,524	$	1,732		11	$	2,649	$	1,947