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Note 16 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

						Fair Value Measurements at December 31, 20 17 Using
Description		Balance as of December 31, 2017				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		$	307,719			$	---			$	307,719			$	---
States and political subdivisions			16,834				---				16,834				---
Mortgage-backed securities			659				---				659				---
Corporate debt securities			6,175				---				6,175				---
Total securities available for sale		$	331,387			$	---			$	331,387			$	---

						Fair Value Measurements at December 31, 20 16 Using
Description		Balance as of December 31, 2016				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		$	285,598			$	---			$	285,598			$	---
States and political subdivisions			11,693				---				11,693				---
Mortgage-backed securities			930				---				930				---
Corporate debt securities			5,898				---				5,898				---
Other securities			163				---				163				---
Total securities available for sale		$	304,282			$	---			$	304,282			$	---

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:
December 31, 201 7		Impaired loans net of valuation allowance		$	1,303			$	---			$	---			$	1,303
December 31, 201 6		Impaired loans net of valuation allowance			878				---				---				878

								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:
December 31, 201 7		Other real estate owned net of valuation allowance		$	2,817			$	---			$	---			$	2,817
December 31, 201 6		Other real estate owned net of valuation allowance			3,156				---				---				3,156

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

Impaired Loans		Valuation Technique		Unobservable Input		Range (Weighted Average)
December 31, 2017		Present value of cash flows		Discount rate		5.50%	-	13.25%	(5.92%)
December 31, 2016		Present value of cash flows		Discount rate		6.75%	-	8.00%	(7.35%)

		Valuation Technique		Unobservable Input		Rang (Weighted Average)
Other real estate owned		Discounted appraised value		Selling cost		2.00% (1)	–	6.01%	(4.72%)
Other real estate owned		Discounted appraised value		Discount for lack of marketability and age of appraisal		1.68%	–	68.33%	(11.07%)

		Valuation Technique		Unobservable Input		Range (Weighted Average)
Other real estate owned		Discounted appraised value		Selling cost		2.91% (1)	–	8.60%	(6.48%)
Other real estate owned		Discounted appraised value		Discount for lack of marketability and age of appraisal		0%	–	53.46%	(13.66%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

		December 31, 2017
						Estimated Fair Value
		Carrying Amount				Level 1				Level 2				Level 3
Financial assets:
Cash and due from banks		$	12,926			$	12,926			$	---			$	---
Interest-bearing deposits			51,233				51,233				---				---
Securities			458,551				---				461,500				---
Restricted securities			1,200				---				1,200				---
Mortgage loans held for sale			260				---				260				---
Loans, net			660,144				---				---				656,399
Accrued interest receivable			5,297				---				5,297				---
Bank-owned life insurance			33,756				---				33,756				---
Financial liabilities:
Deposits		$	1,059,734			$	---			$	944,850			$	113,053
Accrued interest payable			62				---				62				---

		December 31, 201 6
						Estimated Fair Value
		Carrying Amount				Level 1				Level 2				Level 3
Financial assets:
Cash and due from banks		$	13,974			$	13,974			$	---			$	---
Interest-bearing deposits			80,268				80,268				---				---
Securities			439,239				---				441,974				---
Restricted securities			1,170				---				1,170				---
Mortgage loans held for sale			478				---				478				---
Loans, net			639,452				---				---				658,386
Accrued interest receivable			5,260				---				5,260				---
Bank-owned life insurance			22,998				---				22,998				---
Financial liabilities:
Deposits		$	1,043,442			$	---			$	912,828			$	128,690
Accrued interest payable			55				---				55				---

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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