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Note 8 - Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Fair Value Disclosures [Abstract]    
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
           

Fair Value Measurements at March 31, 2015 Using

 

Description

 

Balance as of
March 31, 2015

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

U.S. Government agencies and corporations

  $ 210,757     $ ---     $ 210,757     $ ---  

States and political subdivisions

    18,401       ---       18,401       ---  

Mortgage-backed securities

    1,844       ---       1,844       ---  

Corporate debt securities

    7,373       ---       7,373       ---  

Other securities

    121       ---       121       ---  

Total securities available for sale

  $ 238,496     $ ---     $ 238,496     $ ---  
           

Fair Value Measurements at December 31, 2014 Using

 

Description

 

Balance as of
December 31,
2014

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

U.S. Government agencies and corporations

  $ 194,219     $ ---     $ 194,219     $ ---  

States and political subdivisions

    19,380       ---       19,380       ---  

Mortgage-backed securities

    2,014       ---       2,014       ---  

Corporate debt securities

    7,104       ---       7,104       ---  

Other securities

    127       ---       127       ---  

Total securities available for sale

  $ 222,844     $ ---     $ 222,844     $ ---  
 
Fair Value Measurements, Nonrecurring [Table Text Block]
             

Carrying Value

 

Date

Description  

Balance

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

 

Assets:                                

March 31, 2015

Impaired loans net of valuation allowance   $ 3,493     $ ---     $ ---     $ 3,493  

December 31, 2014

Impaired loans net of valuation allowance     7,224       ---       ---       7,224  
             

Carrying Value

 

Date

Description  

Balance

   

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

   

Significant
Other
Observable
Inputs
(Level 2)

   

Significant
Unobservable Inputs
(Level 3)

 

 

Assets:                                

March 31, 2015

Other real estate owned net of valuation allowance   $ 4,573     $ ---     $ ---     $ 4,573  

December 31, 2014

Other real estate owned net of valuation allowance     4,744       ---       ---       4,744  
 
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]  

 March 31, 2015

 

Valuation Technique

 

Unobservable Input

 

Range

(Weighted Average)

 

Impaired loans

 

Present value of cash flows

 

Market rate for borrower (discount rate)

 

5.88% 

9.50% (6.11%)  

Impaired loans

 

Discounted appraised value

 

Selling cost(1)

    10%      

December 31, 2014

 

Valuation Technique

 

Unobservable Input

 

Range

(Weighted Average)

       

Impaired loans

 

Present value of cash flows

 

Discount rate

 

5.88%

9.50%  (6.15%)  

Impaired loans

 

Discounted appraised value

 

Selling cost(1)

 

 

10%      

March 31, 2015

 

Valuation Technique

 

Unobservable Input

 

Range

(Weighted Average)

 
                     

Other real estate owned

 

Discounted appraised value

 

Selling cost

 

0.00%(1)

11% (9.13%)  

Other real estate owned

 

Discounted appraised value

 

Discount for lack of marketability and age of appraisal

 

3.76% 

48.77% (14.64%)  

December 31, 2014

 

Valuation Technique

 

Unobservable Input

 

Range

(Weighted Average)

 
                     

Other real estate owned

 

Discounted appraised value

 

Selling cost

 

0%(1)

11% (8.60%)  

Other real estate owned

 

Discounted appraised value

 

Discount for lack of marketability and age of appraisal

 

0%

48.77% (20.81%)  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

March 31, 2015

 
   

Carrying
Amount

   

Quoted Prices in Active Markets for Identical Assets

Level 1

   

Significant Other Observable Inputs

Level 2

   

Significant Unobservable Inputs

Level 3

 

Financial Assets:

                               

Cash and due from banks

  $ 12,452     $ 12,452     $ ---     $ ---  

Interest-bearing deposits

    87,676       87,676       ---       ---  

Securities

    394,631       ---       401,639       ---  

Restricted securities

    1,129       ---       1,129       ---  

Loans held for sale

    1,091       ---       1,091       ---  

Loans, net

    613,914       ---       ---       622,049  

Accrued interest receivable

    5,506       5,506       ---       ---  

Bank-owned life insurance

    21,946       21,946       ---       ---  

Financial Liabilities:

                               

Deposits

  $ 984,957     $ 772,220     $ ---     $ 212,364  

Accrued interest payable

    70       70       ---       ---  
   

December 31, 2014

 
   

Carrying
Amount

   

Quoted Prices in Active Markets for Identical Assets

Level 1

   

Significant Other Observable Inputs

Level 2

   

Significant Unobservable Inputs

Level 3

 

Financial Assets:

                               

Cash and due from banks

  $ 12,894     $ 12,894     $ ---     $ ---  

Interest-bearing deposits

    102,548       102,548       ---       ---  

Securities

    384,296       ---       390,547       ---  

Restricted securities

    1,089       ---       1,089       ---  

Loans held for sale

    291       ---       291       ---  

Loans, net

    597,203       ---       ---       633,063  

Accrued interest receivable

    5,748       5,748       ---       ---  

Bank-owned life insurance

    21,797       21,797       ---       ---  

Financial Liabilities:

                               

Deposits

  $ 982,428     $ 765,682     $ ---     $ 216,469  

Accrued interest payable

    68       68       ---       ---