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Note 19 - Related Party Transactions
 12 Months Ended
Dec. 31, 2017
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
Note
19
. Related Party Transactions
 
The Company
engages in transactions with related parties in the normal course of business. Related parties include directors, executive officers, and principal shareholders and their immediate family members, business interests, and affiliates. All related party transactions are made on terms that are substantially the same as those prevailing at the time for similar transactions with unrelated parties, including interest rates and collateral. The following table presents the changes in loans with related parties during the periods indicated:
 
   
Year Ended December 31,
 
   
2017
    
2016
  
(Amounts in thousands)
                
Beginning balance
   $
18,360
     $
21,886
  
New loans and advances
    
942
      
559
  
Loan repayments
    
(1,566
 )    
(4,418
 )
Reclassifications
(1)
    
1,601
      
333
  
Ending balance
   $
19,337
     $
18,360
  
     
(
1
)
Changes related to the composition of the Company's directors, executive officers, and related insiders
  
 
Deposits with related parties totaled $
7.13
million as of
December 31, 2017,
and
$5.45
million as of
December 31, 2016.
Legal fees paid to related parties totaled
$44
thousand in
2017,
$104
thousand in
2016,
and
$88
thousand in
2015.
Lease expense paid to related parties totaled
$49
thousand in
2017,
$95
thousand in
2016,
and
$95
thousand in
2015.
Other expense paid to related parties totaled
$63
thousand in
2017,
$34
thousand in
2016,
and
$21
thousand in
2015.
In addition, the Company repurchased
200,000
shares of its common stock from a related party in
2016
for
$4.20
million, which represented the stock’s fair market value as of the date of the transaction.