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Note 21 - Condensed Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet [Table Text Block]

(in thousands)
		2014				2013
ASSETS
Cash and due from banks		$	395			$	1,734
Investment in subsidiaries			67,050				49,931
Other assets			231				201
Total assets		$	67,676			$	51,866
LIABILITIES AND SHAREHOLDERS' EQUITY
Borrowings			8,248				8,248
Accrued expenses and other liabilities			693				1,777
Shareholders' equity			58,735				41,841
Total liabilities and shareholders' equity		$	67,676			$	51,866

Condensed Income Statement [Table Text Block]

(in thousands)		2014				2013				2012
Revenues
Dividends from subsidiary bank		$	-			$	-			$	-
Total revenue			-				-				-
Expenses
Interest on subordinated debt			438				293				308
Other expenses			157				395				700
Total expenses			595				688				1,008
Loss before equity in undistributed net loss of subsidiaries			(595	)			(688	)			(1,008	)
Equity in undistributed net income (loss) of subsidiaries			16,304				(6,601	)			472
Net Income (loss)		$	15,709			$	(7,289	)		$	(536	)

Condensed Cash Flow Statement [Table Text Block]

(in thousands)		2014				2013				2012
Cash Flows from Operating Activities
Net Income (loss)		$	15,709			$	(7,289	)		$	(536	)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Equity in undistributed (income) loss of subsidiaries			(16,304	)			6,601				(472	)
Share-based compensation expense			275				131				306
Change in assets and liabilities:
(Increase) decrease in other assets			(30	)			85				(68	)
(Decrease) increase in accrued expenses and other liabilities			(1,084	)			323				187
Net cash (used in) operating activities			(1,434	)			(149	)			(583	)
Cash Flows from Investing Activities
Net investment provided by (used in) bank subsidiary			95				(500	)			-
Net cash provided by (used in) investing activities			95				(500	)			-
Net (decrease) increase in cash and cash equivalents			(1,339	)			(649	)			(583	)
Cash and cash equivalents at beginning of year			1,734				2,383				2,966
Cash and cash equivalents at end of year		$	395			$	1,734			$	2,383
Supplemental Disclosures of Cash Flow Information
Cash paid for interest		$	1,704			$	-			$	-
Accrued dividends declared on common stock						$	-			$	-

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