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Note 4 - Loans Receivable and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2014

Note 4 - Loans Receivable and Allowance for Loan Losses (Tables) [Line Items]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(in thousands)		December 31,				December 31,
		2014				2013
Real Estate
Commercial		$	254,505			$	222,772
Residential			108,543				106,968
Construction			3,096				260
Construction to permanent			10,627				11,372
Commercial			53,973				35,137
Consumer home equity			41,631				44,315
Consumer installment			4,533				3,005
Total Loans			476,908				423,829
Allowance for loan losses			(4,924	)			(5,681	)
Loans receivable, net		$	471,984			$	418,148

Schedule of Changes in Allowance for Loan Losses [Table Text Block]

(in thousands)		2014				2013				2012
Balance, beginning of period		$	5,681			$	6,016			$	9,385
Provision for loan losses			-				970				(2,379	)
Loans charged-off			(867	)			(1,668	)			(1,070	)
Recoveries of loans previously charged-off			110				363				80
Balance, end of period		$	4,924			$	5,681			$	6,016

Allowance for Credit Losses on Financing Receivables [Table Text Block]

(in thousands)
Twelve months ended December 31, 2014		Commercial				Commercial Real Estate				Construction				Construction to Permanent				Residential				Consumer				Unallocated				Total
Allowance for loan losses:
Beginning Balance		$	2,285			$	1,585			$	260			$	25			$	795			$	534			$	197			$	5,681
Charge-offs			(49	)			(297	)			(260	)			-				(195	)			(66	)			-				(867	)
Recoveries			6				60				10				-				30				4				-				110
Provision			(324	)			71				53				190				201				6				(197	)			-
Ending Balance		$	1,918			$	1,419			$	63			$	215			$	831			$	478			$	-			$	4,924
Ending balance: individually evaluated for impairment		$	-			$	-			$	-			$	-			$	-			$	7			$	-			$	7
Ending balance: collectively evaluated for impairment			1,918				1,419				63				215				831				471				-				4,917
Total Allowance for Loan Losses		$	1,918			$	1,419			$	63			$	215			$	831			$	478			$	-			$	4,924
Total Loans ending balance		$	53,973			$	254,505			$	3,096			$	10,627			$	108,543			$	46,164			$	-			$	476,908
Ending balance: individually evaluated for impairment			2				7,398				-				-				3,764				560				-				11,724
Ending balance: collectively evaluated for impairment		$	53,971			$	247,107			$	3,096			$	10,627			$	104,779			$	45,604			$	-			$	465,184

(in thousands)
Twelve months ended December 31, 2013		Commercial				Commercial Real Estate				Construction				Construction to Permanent				Residential				Consumer				Unallocated				Total
Allowance for loan losses:
Beginning Balance		$	942			$	3,509			$	311			$	19			$	897			$	217			$	121			$	6,016
Charge-offs			(63	)			(403	)			(205	)			-				(919	)			(78	)			-				(1,668	)
Recoveries			4				335				20				-				1				3				-				363
Provision			1,402				(1,856	)			134				6				816				392				76				970
Ending Balance		$	2,285			$	1,585			$	260			$	25			$	795			$	534			$	197			$	5,681
Ending balance: individually evaluated for impairment		$	1,500			$	31			$	260			$	-			$	98			$	2			$	-			$	1,891
Ending balance: collectively evaluated for impairment			785				1,554				-				25				697				532				197				3,790
Total Allowance for Loan Losses		$	2,285			$	1,585			$	260			$	25			$	795			$	534			$	197			$	5,681
Total Loans ending balance		$	35,137			$	222,772			$	260			$	11,372			$	106,968			$	47,320			$	-			$	423,829
Ending balance: individually evaluated for impairment			6,152				7,766				260				1,189				6,060				594				-				22,021
Ending balance: collectively evaluated for impairment		$	28,985			$	215,006			$	-			$	10,183			$	100,908			$	46,726			$	-			$	401,808

Ceded Credit Risk [Table Text Block]

						Commercial								Construction				Residential
(in thousands)		Commercial				Real Estate				Construction				to Permanent				Real Estate				Consumer				Totals
Performing		$	53,971			$	254,367			$	3,096			$	10,627			$	107,824			$	46,157			$	476,042
Non Performing			2				138				-				-				719				7				866
Total		$	53,973			$	254,505			$	3,096			$	10,627			$	108,543			$	46,164			$	476,908

						Commercial								Construction				Residential
(in thousands)		Commercial				Real Estate				Construction				to Permanent				Real Estate				Consumer				Totals
Performing		$	28,985			$	221,007			$	-			$	10,183			$	104,030			$	47,287			$	411,492
Non Performing			6,152				1,765				260				1,189				2,938				33				12,337
Total		$	35,137			$	222,772			$	260			$	11,372			$	106,968			$	47,320			$	423,829

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

		Non-Accrual and Past Due Loans
(in thousands)		Non-Accrual Loans
2014		31-60 Days Past Due				61-90 Days Past Due				Greater Than 90 Days				Total Past Due				Current				>90 Days Past Due and Accruing				Total Non-Accrual and Past Due Loans
Commercial
Pass		$	-			$	-			$	-			$	-			$	-			$	279			$	279
Substandard			-				-				2				2				-				-				2
Total Commercial		$	-			$	-			$	2			$	2			$	-			$	279			$	281
Commercial Real Estate
Substandard		$	-			$	-			$	-			$	-			$	138			$	-			$	138
Total Commercial Real Estate		$	-			$	-			$	-			$	-			$	138			$	-			$	138
Residential Real Estate
Substandard		$	-			$	-			$	719			$	719			$	-			$	-			$	719
Total Residential Real Estate		$	-			$	-			$	719			$	719			$	-			$	-			$	719
Consumer
Substandard		$	-			$	-			$	7			$	7			$	-			$	-			$	7
Total Consumer		$	-			$	-			$	7			$	7			$	-			$	-			$	7
Total		$	-			$	-			$	728			$	728			$	138			$	279			$	1,145

		Non-Accrual and Past Due Loans
(in thousands)		Non-Accrual Loans
2013		31-60 Days Past Due				61-90 Days Past Due				Greater Than 90 Days				Total Past Due				Current				>90 Days Past Due and Accruing				Total Non- Accrual and Past Due Loans
Commercial
Pass		$	-			$	-			$	-			$	-			$	-			$	25			$	25
Substandard			-				-				2				2				6,150				-				6,152
Total Commercial		$	-			$	-			$	2			$	2			$	6,150			$	25			$	6,177
Commercial Real Estate
Substandard		$	-			$	-			$	1,765			$	1,765			$	-			$	841			$	2,606
Total Commercial Real Estate		$	-			$	-			$	1,765			$	1,765			$	-			$	841			$	2,606
Construction
Substandard		$	-			$	-			$	260			$	260			$	-			$	-			$	260
Total Construction		$	-			$	-			$	260			$	260			$	-			$	-			$	260
Construction to Permanent
Substandard		$	-			$	-			$	-			$	-			$	1,189			$	-			$	1,189
Total Construction to Permanent		$	-			$	-			$	-			$	-			$	1,189			$	-			$	1,189
Residential Real Estate
Substandard		$	-			$	-			$	2,553			$	2,553			$	385			$	-			$	2,938
Total Residential Real Estate		$	-			$	-			$	2,553			$	2,553			$	385			$	-			$	2,938
Consumer
Substandard		$	-			$	-			$	2			$	2			$	31			$	-			$	33
Total Consumer		$	-			$	-			$	2			$	2			$	31			$	-			$	33
Total		$	-			$	-			$	4,582			$	4,582			$	7,755			$	866			$	13,203

Schedule of Financing Receivables Performing and Non-Accrual Status [Table Text Block]

(in thousands)		Performing (Accruing) Loans
2014		31-60 Days Past Due				61-90 Days Past Due				Greater Than 90 Days				Total Past Due				Current				Total Performing Loans				Total Non- Accrual and Past Due Loans				Total Loans
Commercial
Pass		$	1,520			$	-			$	-			$	1,520			$	46,279			$	47,799			$	279			$	48,078
Special Mention			-				-				-				-				121				121				-				121
Substandard			-				-				-				-				5,772				5,772				2				5,774
Total Commercial		$	1,520			$	-			$	-			$	1,520			$	52,172			$	53,692			$	281			$	53,973
Commercial Real Estate
Pass		$	-			$	-			$	-			$	-			$	248,132			$	248,132			$	-			$	248,132
Special Mention			1,041				-				-				1,041				2,887				3,928				-				3,928
Substandard			-				815				-				815				1,492				2,307				138				2,445
Total Commercial Real Estate		$	1,041			$	815			$	-			$	1,856			$	252,511			$	254,367			$	138			$	254,505
Construction
Pass		$	-			$	-			$	-			$	-			$	3,096			$	3,096			$	-			$	3,096
Total Construction		$	-			$	-			$	-			$	-			$	3,096			$	3,096			$	-			$	3,096
Construction to Permanent
Pass		$	-			$	-			$	-			$	-			$	10,627			$	10,627			$	-			$	10,627
Total Construction to Permanent		$	-			$	-			$	-			$	-			$	10,627			$	10,627			$	-			$	10,627
Residential Real Estate
Pass		$	172			$	87			$	1,553			$	1,812			$	106,012			$	107,824			$	-			$	107,824
Substandard			-				-				-				-				-				-				719				719
Total Residential Real Estate		$	172			$	87			$	1,553			$	1,812			$	106,012			$	107,824			$	719			$	108,543
Consumer
Pass		$	-			$	2			$	-			$	2			$	46,155			$	46,157			$	-			$	46,157
Substandard			-				-				-				-				-				-				7				7
Total Consumer		$	-			$	2			$	-			$	2			$	46,155			$	46,157			$	7			$	46,164
Total
Pass		$	1,692			$	89			$	1,553			$	3,334			$	460,301			$	463,635			$	279			$	463,914
Special Mention			1,041				-				-				1,041				3,008				4,049				-				4,049
Substandard			-				815				-				815				7,264				8,079				866				8,945
Grand Total		$	2,733			$	904			$	1,553			$	5,190			$	470,573			$	475,763			$	1,145			$	476,908

(in thousands)		Performing (Accruing) Loans
2013		31-60 Days Past Due				61-89 Days Past Due				Greater Than 90 Days				Total Past Due				Current				Total Loan Balances				Total Non-Accrual and Past Due Loans				Total Loans Receivable
Commercial
Pass		$	725			$	-			$	-			$	725			$	26,790			$	27,515			$	25			$	27,540
Special Mention			-				-				-				-				170				170				-				170
Substandard			-				-				-				-				1,275				1,275				6,152				7,427
Total Commercial		$	725			$	-			$	-			$	725			$	28,235			$	28,960			$	6,177			$	35,137
Commercial Real Estate
Pass		$	1,845			$	266			$	-			$	2,111			$	204,615			$	206,726			$	-			$	206,726
Special Mention			-				-				-				-				9,047				9,047				-				9,047
Substandard			-				-				-				-				4,394				4,394				2,605				6,999
Total Commercial Real Estate		$	1,845			$	266			$	-			$	2,111			$	218,056			$	220,167			$	2,605			$	222,772
Construction
Substandard		$	-			$	-			$	-			$	-			$	-			$	-			$	260			$	260
Total Construction		$	-			$	-			$	-			$	-			$	-			$	-			$	260			$	260
Construction to Permanent
Pass		$	-			$	-			$	-			$	-			$	10,183			$	10,183			$	-			$	10,183
Substandard			-				-				-				-				-				-				1,189				1,189
Total Construction to Permanent		$	-			$	-			$	-			$	-			$	10,183			$	10,183			$	1,189			$	11,372
Residential Real Estate
Pass		$	32			$	-			$	-			$	32			$	103,998			$	104,030			$	-			$	104,030
Substandard			-				-				-				-				-				-				2,938				2,938
Total Residential Real Estate		$	32			$	-			$	-			$	32			$	103,998			$	104,030			$	2,938			$	106,968
Consumer
Pass		$	350			$	561			$	-			$	911			$	46,368			$	47,279			$	-			$	47,279
Substandard			7				-				-				7				-				7				34				41
Total Consumer		$	357			$	561			$	-			$	918			$	46,368			$	47,286			$	34			$	47,320
Total
Pass		$	2,952			$	827			$	-			$	3,779			$	391,954			$	395,733			$	25			$	395,758
Special Mention			-				-				-				-				9,217				9,217				-				9,217
Substandard			7				-				-				7				5,669				5,676				13,178				18,854
Grand Total		$	2,959			$	827			$	-			$	3,786			$	406,840			$	410,626			$	13,203			$	423,829

Impaired Financing Receivables [Table Text Block]

(in thousands)		Recorded Investment				Unpaid Principal Balance				Related Allowance
With no related allowance recorded:
Commercial		$	2			$	104			$	-
Commercial Real Estate			7,398				8,249				-
Construction			-				732				-
Construction to Permanent			-				-				-
Residential			3,764				3,793				-
Consumer			553				633				-
Total:		$	11,717			$	13,511			$	-
With an allowance recorded:
Consumer		$	7			$	7			$	7
Total:		$	7			$	7			$	7
Commercial		$	2			$	104			$	-
Commercial Real Estate			7,398				8,249				-
Construction			-				732				-
Construction to Permanent			-				-				-
Residential			3,764				3,793				-
Consumer			560				640				7
Total:		$	11,724			$	13,518			$	7

(in thousands)		Recorded Investment				Unpaid Principal Balance				Related Allowance
With no related allowance recorded:
Commercial		$	2			$	151			$	-
Commercial Real Estate			7,596				8,316				-
Construction to Permanent			1,189				1,417				-
Residential			5,103				7,636				-
Consumer			592				671				-
Total:		$	14,482			$	18,191			$	-
With an allowance recorded:
Commercial		$	6,150			$	6,150			$	1,500
Commercial Real Estate			170				214				31
Construction			260				732				260
Residential			957				1,097				98
Consumer			2				2				2
Total:		$	7,539			$	8,195			$	1,891
Commercial		$	6,152			$	6,301			$	1,500
Commercial Real Estate			7,766				8,530				31
Construction			260				732				260
Construction to Permanent			1,189				1,417				-
Residential			6,060				8,733				98
Consumer			594				673				2
Total:		$	22,021			$	26,386			$	1,891

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

		Accrual								Non-accrual								Total
(dollars in thousands)		# of								# of								# of
		Loans				Amount				Loans				Amount				Loans				Amount
Commercial Real Estate			1			$	1,131				-			$	-				1			$	1,131
Total Troubled Debt Restructurings			1			$	1,131				-			$	-				1			$	1,131

		Accrual								Non-accrual								Total
(dollars in thousands)		# of								# of								# of
		Loans				Amount				Loans				Amount				Loans				Amount
Commercial Real Estate			1			$	991				-			$	-				1			$	991
Construction to Permanent			-				-				1				1,197				1				1,197
Total Troubled Debt Restructurings			1			$	991				1			$	1,197				2			$	2,188

Modified Troubled Debt Restructurings on Financing Receivables [Table Text Block]

		Twelve months ended December 31, 2014
(dollars in thousands)		Number of Relationships				Pre-Modification Outstanding Recorded Investment				Number of Relationships				Post-Modification Outstanding Recorded Investment
Commercial Real Estate			2			$	2,439				2			$	2,430
Total Troubled Debt Restructurings			2			$	2,439				2			$	2,430

		Twelve months ended December 31, 2013
(dollars in thousands)		Number of Relationships				Post-Modification Outstanding Recorded Investment				Number of Relationships				Post-Modification Outstanding Recorded Investment
Construction to permanent			2				4,730				1				991
Total Troubled Debt Restructurings			2			$	4,730				1			$	991

Credit Worthiness [Member]

Note 4 - Loans Receivable and Allowance for Loan Losses (Tables) [Line Items]

Ceded Credit Risk [Table Text Block]

(in thousands)		Commercial								Commercial Real Estate								Construction								Construction to Permanent								Residential Real Estate								Consumer
LTVs:		< 75%				>= 75%				< 75%				>= 75%				<75%				>= 75%				< 75%				>= 75%				< 75%				>= 75%				< 75%				>= 75%				Other				Total
Internal Risk Rating
Pass		$	41,200			$	6,878			$	240,926			$	7,206			$	2,936			$	160			$	10,627			$	-			$	93,238			$	14,586			$	43,820			$	1,627			$	710			$	463,914
Special Mention			121				-				1,945				1,983				-				-				-				-				-				-				-				-				-				4,049
Substandard			5,774				-				2,445				-				-				-				-				-				339				380				7				-				-				8,945
		$	47,095			$	6,878			$	245,316			$	9,189			$	2,936			$	160			$	10,627			$	-			$	93,577			$	14,966			$	43,827			$	1,627			$	710			$	476,908

(in thousands)		Commercial								Commercial Real Estate								Construction								Construction to Permanent								Residential Real Estate								Consumer
LTVs:		< 75%				>= 75%				< 75%				>= 75%				<75%				>= 75%				< 75%				>= 75%				< 75%				>= 75%				< 75%				>= 75%				Other				Total
Internal Risk Rating
Pass		$	23,671			$	3,868			$	198,787			$	7,940			$	-			$	-			$	10,183			$	-			$	83,252			$	20,778			$	42,780			$	3,849			$	650			$	395,758
Special Mention			170				-				6,551				2,496				-				-				-				-				-				-				-				-				-				9,217
Substandard			7,428				-				3,684				3,314				60				200				1,189				-				1,981				957				10				31				-				18,854
		$	31,269			$	3,868			$	209,022			$	13,750			$	60			$	200			$	11,372			$	-			$	85,233			$	21,735			$	42,790			$	3,880			$	650			$	423,829

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Modified troubled debt restructurings on financing receivables.

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Schedule of changes in allowance for loan losses.

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Schedule of financing receivables performing and non accrual status.

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- Definition

Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section 50

-Paragraph 11B

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