XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Note 3 - Fair Value of Financial Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Notes Tables |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Fair Value Measurements at September 30, 2016 Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government sponsored entity securities |  |  | ---- |  |  | $ | 10,636 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 94,224 |  |  |  | ---- |
|  | Fair Value Measurements at December 31, 2015 Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government sponsored entity securities |  |  | ---- |  |  | $ | 8,965 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 82,686 |  |  |  | ---- |
|  | Fair Value Measurements at September 30, 2016, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  |  | ---- |  |  |  | ---- |  |  | $ | 3,843 |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  |  | 2,147 |
Commercial and industrial |  |  | ---- |  |  |  | ---- |  |  |  | 298 |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 1,147 |
|  | Fair Value Measurements at December 31, 2015, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  | $ | 2,473 |
Commercial and industrial |  |  | ---- |  |  |  | ---- |  |  |  | 3,779 |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 1,147 |
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] |
September 30, 2016 |  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  | $ | 3,843 |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 45% |  |  | 15.99 | %
|  |  |  |  | Cost approach |  | Adjustment to comparables |  | 0% | to | 29.5% |  |  | 14.76 | %
Nonowner-occupied |  |  | 2,147 |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 12.5% |  |  | 6.9 | %
Commercial and industrial |  |  | 298 |  | Sales approach |  | Adjustment to comparables |  | 0.9% | to | 9.7% |  |  | 5.2 | %
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | 1,147 |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 35% |  |  | 15.2 | %
December 31, 2015 |  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonowner-occupied |  | $ | 2,473 |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 12.5% |  |  | 5.7 | %
Commercial and industrial |  |  | 3,779 |  | Sales approach |  | Adjustment to comparables |  | 0.9% | to | 30% |  |  | 14.3 | %
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | 1,147 |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 35% |  |  | 15.2 | %
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  | Fair Value Measurements at September 30, 2016 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 61,885 |  |  | $ | 61,885 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 61,885 |
Certificates of deposit in financial institutions |  |  | 1,670 |  |  |  | ---- |  |  |  | 1,670 |  |  |  | ---- |  |  |  | 1,670 |
Securities available for sale |  |  | 104,860 |  |  |  | ---- |  |  |  | 104,860 |  |  |  | ---- |  |  |  | 104,860 |
Securities held to maturity |  |  | 19,651 |  |  |  | ---- |  |  |  | 10,356 |  |  |  | 10,381 |  |  |  | 20,737 |
Restricted investments in bank stocks |  |  | 6,939 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Loans, net |  |  | 714,050 |  |  |  | ---- |  |  |  | ---- |  |  |  | 722,276 |  |  |  | 722,276 |
Accrued interest receivable |  |  | 2,247 |  |  |  | ---- |  |  |  | 361 |  |  |  | 1,886 |  |  |  | 2,247 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 805,783 |  |  |  | 215,933 |  |  |  | 590,489 |  |  |  | ---- |  |  |  | 806,422 |
Other borrowed funds |  |  | 35,665 |  |  |  | ---- |  |  |  | 35,990 |  |  |  | ---- |  |  |  | 35,990 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 5,801 |  |  |  | ---- |  |  |  | 5,801 |
Accrued interest payable |  |  | 517 |  |  |  | 2 |  |  |  | 515 |  |  |  | ---- |  |  |  | 517 |
|  |  |  |  | Fair Value Measurements at December 31, 2015 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 45,530 |  |  | $ | 45,530 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 45,530 |
Certificates of deposit in financial institutions |  |  | 1,715 |  |  |  | ---- |  |  |  | 1,715 |  |  |  | ---- |  |  |  | 1,715 |
Securities available for sale |  |  | 91,651 |  |  |  | ---- |  |  |  | 91,651 |  |  |  | ---- |  |  |  | 91,651 |
Securities held to maturity |  |  | 19,903 |  |  |  | ---- |  |  |  | 9,814 |  |  |  | 10,976 |  |  |  | 20,790 |
Federal Home Loan Bank and Federal Reserve Bank stock |  |  | 6,576 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Loans, net |  |  | 579,104 |  |  |  | ---- |  |  |  | ---- |  |  |  | 582,427 |  |  |  | 582,427 |
Accrued interest receivable |  |  | 1,819 |  |  |  | ---- |  |  |  | 224 |  |  |  | 1,595 |  |  |  | 1,819 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 660,746 |  |  |  | 176,499 |  |  |  | 484,636 |  |  |  | ---- |  |  |  | 661,135 |
Other borrowed funds |  |  | 23,946 |  |  |  | ---- |  |  |  | 23,672 |  |  |  | ---- |  |  |  | 23,672 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 5,368 |  |  |  | ---- |  |  |  | 5,368 |
Accrued interest payable |  |  | 449 |  |  |  | 4 |  |  |  | 445 |  |  |  | ---- |  |  |  | 449 |

X
- Definition Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueInputsAssetsQuantitativeInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration