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Note 2 - Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2017
Notes Tables |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Fair Value Measurements at March 31, 2017 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 |  |  | ---- |  |  | $ | 10,576 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 92,596 |  |  |  | ---- |
|  | Fair Value Measurements at December 31, 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 |  |  | ---- |  |  | $ | 10,544 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 85,946 |  |  |  | ---- |
|  | Fair Value Measurements at March 31, 2017, 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 |  |  | ---- |  |  |  | ---- |  |  | $ | 290 |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  |  | 2,462 |
Commercial and industrial |  |  | ---- |  |  |  | ---- |  |  |  | 375 |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 754 |
|  | Fair Value Measurements at December 31, 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 |  |  | ---- |  |  |  | ---- |  |  | $ | 3,536 |
Nonowner-occupied |  |  | ---- |  |  |  | ---- |  |  |  | 1,985 |
Commercial and industrial |  |  | ---- |  |  |  | ---- |  |  |  | 298 |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | ---- |  |  |  | 754 |
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] |
March 31, 2017 |  | Fair Value |  |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  | $ | 290 |  |  | Sales approach |  | Adjustment to comparables |  | 15.7% | to | 52% |  |  |  | 31.7% |
Nonowner-occupied |  |  | 2,462 |  |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 250% |  |  |  | 58.6% |
Commercial and industrial |  |  | 375 |  |  | Sales approach |  | Adjustment to comparables |  | 2% | to | 14.2% |  |  |  | 8.1% |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | 754 |  |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 30% |  |  |  | 11.7% |
December 31, 2016 |  | Fair Value |  |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  | $ | 3,536 |  |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 65% |  |  |  | 13.7% |
|  |  |  |  |  | Cost approach |  | Adjustment to comparables |  | 0% | to | 29.5% |  |  |  | 14.8% |
Nonowner-occupied |  |  | 1,985 |  |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 250% |  |  |  | 58.6% |
Commercial and industrial |  |  | 298 |  |  | Sales approach |  | Adjustment to comparables |  | 0.9% | to | 9.7% |  |  |  | 5.2% |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | 754 |  |  | Sales approach |  | Adjustment to comparables |  | 0% | to | 30% |  |  |  | 11.7% |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  |  | Fair Value Measurements at March 31, 2017 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 111,917 |  |  | $ | 111,917 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 111,917 |
Certificates of deposit in financial institutions |  |  | 1,425 |  |  |  | ---- |  |  |  | 1,425 |  |  |  | ---- |  |  |  | 1,425 |
Securities available for sale |  |  | 103,172 |  |  |  | ---- |  |  |  | 103,172 |  |  |  | ---- |  |  |  | 103,172 |
Securities held to maturity |  |  | 18,827 |  |  |  | ---- |  |  |  | 9,964 |  |  |  | 9,411 |  |  |  | 19,375 |
Restricted investments in bank stocks |  |  | 7,506 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Loans, net |  |  | 731,546 |  |  |  | ---- |  |  |  | ---- |  |  |  | 732,323 |  |  |  | 732,323 |
Accrued interest receivable |  |  | 2,299 |  |  |  | ---- |  |  |  | 365 |  |  |  | 1,934 |  |  |  | 2,299 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 867,903 |  |  |  | 287,130 |  |  |  | 581,065 |  |  |  | ---- |  |  |  | 868,195 |
Other borrowed funds |  |  | 39,285 |  |  |  | ---- |  |  |  | 37,977 |  |  |  | ---- |  |  |  | 37,977 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 6,141 |  |  |  | ---- |  |  |  | 6,141 |
Accrued interest payable |  |  | 543 |  |  |  | 1 |  |  |  | 542 |  |  |  | ---- |  |  |  | 543 |
|  |  |  |  | Fair Value Measurements at December 31, 2016 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 40,166 |  |  | $ | 40,166 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 40,166 |
Certificates of deposit in financial institutions |  |  | 1,670 |  |  |  | ---- |  |  |  | 1,670 |  |  |  | ---- |  |  |  | 1,670 |
Securities available for sale |  |  | 96,490 |  |  |  | ---- |  |  |  | 96,490 |  |  |  | ---- |  |  |  | 96,490 |
Securities held to maturity |  |  | 18,665 |  |  |  | ---- |  |  |  | 9,541 |  |  |  | 9,630 |  |  |  | 19,171 |
Restricted investments in bank stocks |  |  | 7,506 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Loans, net |  |  | 727,202 |  |  |  | ---- |  |  |  | ---- |  |  |  | 727,079 |  |  |  | 727,079 |
Accrued interest receivable |  |  | 2,315 |  |  |  | ---- |  |  |  | 224 |  |  |  | 2,091 |  |  |  | 2,315 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 790,452 |  |  |  | 209,576 |  |  |  | 581,340 |  |  |  | ---- |  |  |  | 790,916 |
Other borrowed funds |  |  | 37,085 |  |  |  | ---- |  |  |  | 35,948 |  |  |  | ---- |  |  |  | 35,948 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 5,821 |  |  |  | ---- |  |  |  | 5,821 |
Accrued interest payable |  |  | 513 |  |  |  | 4 |  |  |  | 509 |  |  |  | ---- |  |  |  | 513 |

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