XML 34 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Note 4 - Borrowings (Tables)
9 Months Ended
Sep. 30, 2016
Notes Tables  
Schedule of Long-term Debt Instruments [Table Text Block]
   
September 30, 2016
 
           
Weighted
           
Weighted
 
           
Average
   
Amount Due
   
Average
 
           
Interest Rate
   
with
   
Interest Rate
 
   
Amount Due
   
at Quarter-End
   
Putable Option *
   
at Quarter-End
 
Maturity:
                               
Year ending December 31:
                               
2016
  $ 90,300,000       0.55 %   $ -       - %
2017
    23,342,549       2.59       -       -  
2018
    25,000,000       2.70       -       -  
Total FHLB advances
  $ 138,642,549       1.68 %   $ -       - %
   
December 31, 2015
 
           
Weighted
           
Weighted
 
           
Average
   
Amount Due
   
Average
 
           
Interest Rate
   
with
   
Interest Rate
 
   
Amount Due
   
at Year-End
   
Putable Option *
   
at Year-End
 
Maturity:
                               
Year ending December 31:
                               
2016
  $ 103,000,000       0.56 %   $ 2,000,000       4.00 %
2017
    18,000,000       2.89       -       -  
2018
    30,000,000       3.27       5,000,000       2.84  
Total FHLB advances
  $ 151,000,000       1.37 %   $ 7,000,000       3.17 %
Schedule of Debt [Table Text Block]
   
As of
September 30,
2016
   
As of
December 31,
2015
 
                 
Wholesale structured repurchase agreements
  $ 45,000,000     $ 110,000,000  
Term note
    30,000,000       -  
Revolving line of credit
    5,000,000       -  
    $ 80,000,000     $ 110,000,000  
Schedule of Wholesale Repurchase Agreements [Table Text Block]
   
September 30, 2016
   
December 31, 2015
 
           
Weighted
           
Weighted
 
           
Average
           
Average
 
           
Interest Rate
           
Interest Rate
 
   
Amount Due
   
at Quarter-End
   
Amount Due
   
at Year-End
 
Maturity:
                               
Year ending December 31:
                               
2016
  $ -       0.00 %   $ -       0.00 %
2017
    10,000,000       3.07       10,000,000       3.00  
2018
    -       -       10,000,000       3.97  
2019
    10,000,000       3.44       45,000,000       3.40  
2020
    25,000,000       2.48       45,000,000       2.66  
Total Wholesale Structured Repurchase Agreements
  $ 45,000,000       2.83 %   $ 110,000,000       3.11 %
Schedule of Maturities of Long-term Debt [Table Text Block]
   
As of September 30, 2016
 
2017
    6,000,000  
2018
    6,000,000  
2019
    6,000,000  
2020
    6,000,000  
2021
    6,000,000  
    $ 30,000,000