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Note 13 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(Dollar amounts in thousands)		2017				2016				2015
Current payable		$	3,929			$	1,998			$	1,004
Deferred			293				(93	)			558
Total provision		$	4,222			$	1,905			$	1,562

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(Dollar amounts in thousands)		2017				2016
Deferred tax assets:
Allowance for loan and lease losses		$	1,210			$	2,243
Supplemental retirement plan			528				382
Investment security basis adjustment			18				66
Nonaccrual interest income			371				456
OREO adjustments			2				26
Accrued compensation			201				261
Other			86				82
Gross deferred tax assets			2,416				3,516
Deferred tax liabilities:
Premises and equipment			356				445
Net unrealized gain on securities			347				618
FHLB stock dividends			139				225
Intangibles			307				449
Mortgage servicing rights			71				103
Deferred origination fees, net			294				63
Acquisition fair value adjustments			250				1
Other			5				5
Gross deferred tax liabilities			1,769				1,909
Net deferred tax assets		$	647			$	1,607

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

(Dollar amounts in thousands)		2017								2016								2015
						% of								% of								% of
						Pretax								Pretax								Pretax
		Amount				Income				Amount				Income				Amount				Income
Provision at statutory rate		$	4,651				34.0	%		$	2,829				34.0	%		$	2,866				34.0	%
Tax-exempt income			(1,045	)			(7.6	)%			(1,177	)			(14.1	)%			(1,347	)			(15.9	)%
Nondeductible interest expense			32				0.2	%			32				0.4	%			34				0.4	%
Nondeductible merger-related expense			43				0.3	%			186				2.2	%			-				-	%
Stock-based compensation			(50	)			(0.4	)%			-				-	%			-				-	%
Change in effective corporate tax rate			401				2.9	%			-				-	%			-				-	%
Other			190				1.5	%			35				0.4	%			9				-	%
Actual tax expense and effective rate		$	4,222				30.9	%		$	1,905				22.9	%		$	1,562				18.5	%

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

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