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Note 21 - Regulatory Matters
 12 Months Ended
Dec. 31, 2015
Legal And Regulatory Matters [Abstract]  
Legal And Regulatory Matters [Text Block]
(21) REGULATORY MATTERS

The Bank is subject to various regulatory capital requirements administered by the OCC. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Bank and the consolidated financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines involving quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification under the prompt corrective action guidelines are also subject to qualitative judgments by the regulators about components, risk weightings and other factors.


Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier 1 capital (as defined) to average assets (as defined). Effective January 1, 2015, new capital regulations created an additional minimum capital ratio of common equity Tier 1 capital (as defined) to risk-weighted assets (as defined). Management believes that the Bank met all capital adequacy requirements to which it was subject as of December 31, 2015 and 2014.


As of December 31, 2015, the most recent notification from the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier I risk-based, common equity Tier 1 risk-based and Tier I leverage ratios as set forth in the table below. There are no conditions or events since that notification that management believes have changed the Bank’s category.


The Bank’s actual capital amounts and ratios are presented in the following table. No amounts were deducted from capital for interest-rate risk in either year.


   

Actual

  

Minimum for Capital Adequacy Purposes:

  

Minimum to be Well Capitalized under Prompt Corrective Action Provisions:
(Dollars in thousands)   Amount   Ratio   Amount   Ratio   Amount   Ratio
                         
As of December 31, 2015:                                                
                                                 
Total capital (to risk weighted assets)   $ 67,540       16.07 %   $ 33,624       8.00 %   $ 42,030       10.00 %
                                                 
Tier I capital (to risk weighted assets)   $ 64,125       15.26 %   $ 25,218       6.00 %   $ 33,624       8.00 %
                                                 
Common equity Tier I capital (to risk weighted assets)   $ 64,125       15.26 %   $ 18,913       4.50 %   $ 27,319       6.50 %
                                                 
Tier I capital (to average assets)   $ 64,125       12.15 %   $ 21,110       4.00 %   $ 26,387       5.00 %
                                                 
                                                 
                                                 
As of December 31, 2014:                                                
                                                 
Total capital (to risk weighted assets)   $ 53,545       15.80 %   $ 27,105       8.00 %   $ 33,881       10.00 %
                                                 
Tier I capital (to risk weighted assets)   $ 49,302       14.55 %     N/A             $ 20,329       6.00 %
                                                 
Tier I capital (to adjusted total assets)   $ 49,302       10.59 %   $ 18,624       4.00 %   $ 23,280       5.00 %
                                                 
Tangible capital (to adjusted total assets)   $ 49,302       10.59 %   $ 6,984       1.50 %     N/A