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Note 12 - Transactions With Related Parties
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
12:
          
TRANSACTIONS WITH RELATED PARTIES
 
At
December
31,
2016
and
2015,
the subsidiary bank had extensions of credit to executive officers and directors and to companies in which the subsidiary bank’s executive officers or directors were principal owners in the amount of
$65.8
 million in
2016
and
$58.4
million in
2015.
 
(In thousands)   2016   2015
         
Balance, beginning of year   $
58,404
    $
25,142
 
New extensions of credit    
18,298
     
48,529
 
Repayments    
(10,868
)    
(15,267
)
Balance, end of year   $
65,834
    $
58,404
 
 
In management's opinion, such loans and other extensions of credit and deposits (which were not material) were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons.  Further, in management's opinion, these extensions of credit did not involve more than the normal risk of collectability or present other unfavorable features.