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Note 8 - Other Real Estate Owned ("OREO") | 9 Months Ended
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Sep. 30, 2016
Notes to Financial Statements |
Other Real Estate Owned (OREO) [Text Block] | NOTE 8 – OTHER REAL ESTATE OWNED (“OREO”) OREO comprises foreclosed assets acquired in settlement of loans and is carried at fair value less estimated cost to sell and is included in other assets on the Consolidated Balance Sheet. At September 30, 2016 and December 31, 2015, there was $1.2 and 1.4 million of OREO, respectively. As of September 30, 2016, there were no formal foreclosure proceedings.

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