Note 5 - Other Real Estate Owned

12 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Real Estate Owned [Text Block]

5. Other Real Estate Owned

The following table shows the activity in OREO during the periods indicated:

	For the years ended December 31,
	2014			2013			2012
	(In thousands)
Balance at beginning of year	$	2,985		$	5,278		$	3,179
Acquisitions		7,112			5,369			6,127
Reductions to carrying value		(5	)		(243	)		(516	)
Sales		(3,766	)		(7,419	)		(3,512	)
Balance at end of year	$	6,326		$	2,985		$	5,278

The following table shows the gross gains, gross losses and write-downs of OREO reported in the Consolidated Statements of Income during the periods presented:

	For the years ended December 31,
	2014			2013			2012
	(In thousands)
Gross gains	$	178		$	443		$	78
Gross losses		(109	)		(89	)		(255	)
Write-down of carrying value		(5	)		(243	)		(516	)
Total	$	64		$	111		$	(693	)