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Note 18 - Fair Value and Interest Rate Risk (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

		Quoted Prices in				Significant				Significant
(in thousands)		Active Markets				Observable				Unobservable				Balance
		for Identical Assets				Inputs				Inputs				as of
December 31, 2015		(Level 1)				(Level 2)				(Level 3)				December 31, 2015
U.S. Government agency bonds		$	-				4,954				-				4,954
U.S. Government agency mortgage-backed securities			-				13,413				-				13,413
Corporate bonds			-				9,010				-				9,010
Subordinate notes			-				2,000				-				2,000
Securities available for sale		$	-			$	29,377			$	-			$	29,377

		Quoted Prices in				Significant				Significant
		Active Markets				Observable				Unobservable				Balance
		for Identical Assets				Inputs				Inputs				as of
December 31, 2014		(Level 1)				(Level 2)				(Level 3)				December 31, 2014
U.S. Government agency bonds		$	-			$	7,409			$	-			$	7,409
U.S. Government agency mortgage-backed securities			-				17,337				-				17,337
Corporate bonds			-				8,936				-				8,936
Securities available for sale		$	-			$	33,682			$	-			$	33,682

Fair Value Measurements, Nonrecurring [Table Text Block]

		Quoted Prices in				Significant				Significant
(in thousands)		Active Markets				Observable				Unobservable
		for Identical Assets				Inputs				Inputs				Balance
Asset Description		(Level 1)				(Level 2)				(Level 3)
December 31, 2015
Impaired loans		$	-			$	-			$	363			$	363
December 31, 2014
Impaired loans		$	-			$	-			$	859			$	859

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

(dollars in thousands)		Quantitative Information about Level 3 Fair Value Measurements
Asset Description		Fair Value			Valuation Technique	Unobservable Input		Range (Weighted Average )
December 31, 2015
Impaired loans		$	363		Appraised Value of Collateral (1)	Liquidation Costs (2)		8%			(8%)	(3)
December 31, 2014
Impaired loans		$	859		Appraised Value of Collateral (1)	Liquidation Costs (2)		8%	-	22%	(13%)	(3)

Fair Value, by Balance Sheet Grouping [Table Text Block]

			December 31, 2015								December 31, 2014
(in thousands)	Fair Value		Carrying				Estimated				Carrying				Estimated
	Hierarchy		Amount				Fair Value				Amount				Fair Value
Financial Assets:
Cash and noninterest bearing balances due from banks	Level 1		$	2,588			$	2,588			$	2,095				2,095
Interest-bearing deposits due from banks	Level 1			82,812				82,812				71,163				71,163
Other investments	Level 2			4,450				4,450				4,450				4,450
Federal Reserve Bank stock	Level 2			2,075				2,075				2,058				2,058
Federal Home Loan Bank stock	Level 2			6,570				6,570				6,628				6,628
Loans receivable, net	Level 3			479,127				478,160				471,984				476,631
Accrued interest receivable	Level 2			2,010				2,010				1,918				1,918
Financial Liabilities:
Demand deposits	Level 2		$	85,065			$	85,065			$	63,398			$	63,398
Savings deposits	Level 2			108,658				108,658				93,790				93,790
Money market deposits	Level 2			19,522				19,522				24,650				24,650
NOW accounts	Level 2			28,684				28,684				26,269				26,269
Time deposits	Level 2			156,964				156,363				204,216				204,262
Brokered Deposits	Level 1			48,154				48,062				30,710				30,710
FHLB Borrowings	Level 2			132,000				131,903				120,000				120,000
Subordinated debentures	Level 2			8,248				8,248				8,248				8,248
Note Payable	Level 3			1,939				1,904				-				-
Accrued interest payable	Level 2			532				532				167				167

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19296-110258

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a),(b)
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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13476-108611

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Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets. This disclosure may include, but is not limited to, the fair value of the asset, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs.

+ References

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-Name Accounting Standards Codification
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