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Note M - Related Party Transactions | 12 Months Ended
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Dec. 31, 2017
Notes to Financial Statements |
Related Party Transactions Disclosure [Text Block] | Note M - Related Party Transactions Certain directors, executive officers and companies with which they are affiliated were loan customers during 201 7. A summary of activity on these borrower relationships with aggregate debt greater than $120 is as follows:
Total loans at January 1, 201 7 |  | $ | 5,945 |
New loans |  |  | 25 |
Repayments |  |  | (221 | )
Other changes |  |  | 2,678 |
Total loans at December 31, 201 7 |  | $ | 8,427 |
Other changes include adjustments for loans applicable to one reporting period that are excludable from the other reporting period, such as changes in persons classified as directors, executive officers and companies ’ affiliates. Deposits from principal officers, directors, and their affiliates at year-end 2017 and 2016 were $44,877 and $38,867. In addition, the Company had one promissory note outstanding with a director at year-end 2017 and 2016 totaling $360 . The note has a three -year term beginning December 8, 2016 and carried an interest rate of 1.75%.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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