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Note 13 - Related Parties
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
13
– RELATED PARTIES
 
Certain directors and executive officers of the Bank, including their immediate families and companies in which they are principal owners, were loan customers of the Bank. At year-end
2016
and
2015,
the Bank had
$11.5
million and
$14.0
million in loan commitments to directors and executive officers, of which
$8.9
 million and
$11.2
million were outstanding at year-end
2016
and
2015,
respectively, as reflected in the following table. The line item entitled “Adjustments” primarily relates to Board member retirements in
2015.
  
   
2016
    
2015
  
                 
Beginning balance
   $
11,151,000
     $
9,002,000
  
New loans
    
4,652,000
      
3,371,000
  
Repayments
    
(6,921,000
)
    
(965,000
)
Adjustments
    
0
      
(257,000
)
                 
Ending balance
   $
8,882,000
     $
11,151,000
  
 
Related party deposits and repurchase agreements totaled
$19.8
million and
$18.5
million at year-end
2016
and
2015,
respectively.