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Note 4 - Fair Value Disclosure Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
           
September 30, 2017
         
(Dollar amounts in thousands)
 
Level I
   
Level II
   
Level III
   
Total
 
Assets measured on a recurring basis:
                               
U.S. government agency securities
  $
-
    $
9,094
    $
-
    $
9,094
 
Obligations of states and political subdivisions
   
-
     
72,094
     
-
     
72,094
 
Mortgage-backed securities in government-sponsored entities
   
-
     
16,579
     
-
     
16,579
 
Total debt securities
   
-
     
97,767
     
-
     
97,767
 
Equity securities in financial institutions
   
-
     
567
     
-
     
567
 
Total
  $
-
    $
98,334
    $
-
    $
98,334
 
           
December 31, 2016
         
(Dollar amounts in thousands)
 
Level I
   
Level II
   
Level III
   
Total
 
Assets measured on a recurring basis:
                               
U.S. government agency securities
  $
-
    $
10,236
    $
-
    $
10,236
 
Obligations of states and political subdivisions
   
-
     
81,223
     
-
     
81,223
 
Mortgage-backed securities in government-sponsored entities
   
-
     
20,069
     
-
     
20,069
 
Private-label mortgage-backed securities
   
-
     
1,709
     
-
     
1,709
 
Total debt securities
   
-
     
113,237
     
-
     
113,237
 
Equity securities in financial institutions
   
-
     
1,139
     
-
     
1,139
 
Total
  $
-
    $
114,376
    $
-
    $
114,376
 
           
September 30, 2017
         
(Dollar amounts in thousands)
 
Level I
   
Level II
   
Level III
   
Total
 
Assets measured on a nonrecurring basis:
                               
Impaired loans
  $
-
    $
-
    $
1,620
    $
1,620
 
Other real estate owned
   
-
     
-
     
81
     
81
 
           
December 31, 2016
         
(Dollar amounts in thousands)
 
Level I
   
Level II
   
Level III
   
Total
 
Assets measured on a nonrecurring basis:
                               
Impaired loans
  $
-
    $
-
    $
6,498
    $
6,498
 
Other real estate owned
   
-
     
-
     
511
     
511
 
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   
Quantitative Information about Level III Fair Value Measurements
(Dollar amounts in thousands)
 
 
 
 
         
 
 
 
   
Fair Value Estimate
  Valuation Techniques   Unobservable Input  
Range (Weighted Average)
 
September 30, 2017
                       
Impaired loans
  $
1,620
 
Appraisal of collateral (1)
 
Appraisal adjustments (2)
 
3.3%
to
8.3% (5.3%)
 
Other real estate owned
  $
81
 
Appraisal of collateral (1)
 
Appraisal adjustments (2)
 
0.0%
to
10.0%
 
   
Quantitative Information about Level III Fair Value Measurements
 
(Dollar amounts in thousands)
     
 
 
 
 
 
 
   
Fair Value Estimate
   Valuation Techniques    Unobservable Input  
Range (Weighted Average)
 
December 31, 2016
                       
Impaired loans
  $
1,570
 
Appraisal of collateral (1)
 
Appraisal adjustments (2)
 
0.0%
to
59.7% (28.2%)
 
Other real estate owned
  $
511
 
Appraisal of collateral (1)
 
Appraisal adjustments (2)
 
0%
to
10.0%
 
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
September 30, 2017
 
   
Carrying
                           
Total
 
   
Value
   
Level I
   
Level II
   
Level III
   
Fair Value
 
   
(Dollar amounts in thousands)
 
       
Financial assets:
                                       
Cash and cash equivalents
  $
48,931
    $
48,931
    $
-
    $
-
    $
48,931
 
Investment securities
                                       
Available for sale
   
98,334
     
-
     
98,334
     
-
     
98,334
 
Loans held for sale
   
5,930
     
4,995
     
935
     
-
     
5,930
 
Net loans
   
871,689
     
-
     
-
     
879,206
     
879,206
 
Bank-owned life insurance
   
15,542
     
15,542
     
-
     
-
     
15,542
 
Federal Home Loan Bank stock
   
3,589
     
3,589
     
-
     
-
     
3,589
 
Accrued interest receivable
   
3,177
     
3,177
     
-
     
-
     
3,177
 
                                         
Financial liabilities:
                                       
Deposits
  $
897,655
    $
646,206
    $
-
    $
252,112
    $
898,318
 
Short-term borrowings
   
20,274
     
20,274
     
-
     
-
     
20,274
 
Other borrowings
   
39,273
     
-
     
-
     
39,306
     
39,306
 
Accrued interest payable
   
566
     
566
     
-
     
-
     
566
 
   
December 31, 2016
 
   
Carrying
                           
Total
 
   
Value
   
Level I
   
Level II
   
Level III
   
Fair Value
 
   
(Dollar amounts in thousands)
 
Financial assets:
                                       
Cash and cash equivalents
  $
32,495
    $
32,495
    $
-
    $
-
    $
32,495
 
Investment securities
                                       
Available for sale
   
114,376
     
-
     
114,376
     
-
     
114,376
 
Loans held for sale
   
634
     
-
     
634
     
-
     
634
 
Net loans
   
602,542
     
-
     
-
     
604,447
     
604,447
 
Bank-owned life insurance
   
13,540
     
13,540
     
-
     
-
     
13,540
 
Restricted stock
   
2,204
     
2,204
     
-
     
-
     
2,204
 
Accrued interest receivable
   
2,426
     
2,426
     
-
     
-
     
2,426
 
                                         
Financial liabilities:
                                       
Deposits
  $
629,934
    $
440,500
    $
-
    $
189,871
    $
630,371
 
Short-term borrowings
   
68,359
     
68,359
     
-
     
-
     
68,359
 
Other borrowings
   
9,437
     
-
     
-
     
9,512
     
9,512
 
Accrued interest payable
   
395
     
395
     
-
     
-
     
395