Note 2 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

	Fair Value Measurements at September 30, 2018 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government sponsored entity securities		----	$	16,452			----
Agency mortgage-backed securities, residential		----		88,425			----
Interest rate swap derivatives		----		159			----
Interest rate swap derivatives		----		(159	)		----

	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government sponsored entity securities		----	$	13,473			----
Agency mortgage-backed securities, residential		----		87,652			----
Interest rate swap derivatives		----		59			----
Interest rate swap derivatives		----		(59	)		----

	Fair Value Measurements at September 30, 2018, Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Impaired loans:
Residential real estate		----		----	$	332
Other real estate owned:
Commercial real estate:
Construction		----		----		822

	Fair Value Measurements at December 31, 2017, Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Impaired loans:
Commercial real estate:
Nonowner-occupied		----		----	$	216
Construction		----		----		756
Other real estate owned:
Commercial real estate:
Construction		----		----		822

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

September 30, 2018	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range				(Weighted Average)
Impaired loans:
Residential real estate	$	332	Sales approach	Adjustment to comparables		0%	to	33%		12.4%
Other real estate owned:
Commercial real estate:
Construction		822	Sales approach	Adjustment to comparables		5%	to	40%		18.1%

December 31, 2017	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range				(Weighted Average)
Impaired loans:
Commercial real estate:
Nonowner-occupied	$	216	Sales approach	Adjustment to comparables		1.6%	to	50%		26.7%
Construction		756	Sales approach	Adjustment to comparables		1.3%	to	56%		32.9%
Other real estate owned:
Commercial real estate:
Construction		822	Sales approach	Adjustment to comparables		5%	to	40%		18.1%

Fair Value, by Balance Sheet Grouping [Table Text Block]

			Fair Value Measurements at September 30, 2018 Using:
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial Assets:
Cash and cash equivalents	$	65,119	$	65,119	$	----	$	----	$	65,119
Certificates of deposit in financial institutions		2,310		----		2,310		----		2,310
Securities available for sale		104,877		----		104,877		----		104,877
Securities held to maturity		17,219		----		8,697		8,841		17,538
Restricted investments in bank stocks		7,506		N/A		N/A		N/A		N/A
Loans, net		774,062		----		----		771,705		771,705
Accrued interest receivable		2,862		----		389		2,473		2,862
Financial liabilities:
Deposits		852,895		232,575		618,608		----		851,183
Other borrowed funds		40,514		----		38,207		----		38,207
Subordinated debentures		8,500		----		6,606		----		6,606
Accrued interest payable		1,128		3		1,125		----		1,128

			Fair Value Measurements at December 31, 2017 Using:
	Carrying Value		Level 1		Level 2		Level 3		Total
Financial Assets:
Cash and cash equivalents	$	74,573	$	74,573	$	----	$	----	$	74,573
Certificates of deposit in financial institutions		1,820		----		1,820		----		1,820
Securities available for sale		101,125		----		101,125		----		101,125
Securities held to maturity		17,581		----		9,020		9,059		18,079
Restricted investments in bank stocks		7,506		N/A		N/A		N/A		N/A
Loans, net		761,820		----		----		760,746		760,746
Accrued interest receivable		2,503		----		268		2,235		2,503
Financial liabilities:
Deposits		856,724		253,655		602,268		----		855,923
Other borrowed funds		35,949		----		34,810		----		34,810
Subordinated debentures		8,500		----		6,678		----		6,678
Accrued interest payable		792		4		788		----		792