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Note 16 - Commitments and Contingencies
 12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
(16)         COMMITMENTS AND CONTINGENCIES

In the normal course of business, there are outstanding various commitments and contingent liabilities, such as commitments to extend credit and legal claims, which are not reflected in the consolidated financial statements.

Commitments under outstanding standby letters of credit totaled $693,000 and $1.2 million at December 31, 2014 and 2013, respectively.

The following is a summary of the commitments to extend credit at December 31, 2014 and 2013:

(In thousands)
 
2014
   
2013
 
             
Loan commitments:
           
Fixed rate
  $ 351     $ 865  
Adjustable rate
    7,062       5,453  
                 
Unused lines of credit on credit cards
    4,732       3,821  
Undisbursed commercial and personal lines of credit
    19,390       19,484  
Undisbursed portion of construction loans in process
    3,325       7,142  
Undisbursed portion of home equity lines of credit
    24,206       20,980  
                 
Total commitments to extend credit
  $ 59,066     $ 57,745