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Note 20 - Condensed Parent Company Only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure Text Block Supplement [Abstract]

Condensed Balance Sheet [Table Text Block]

(in thousands)
		2015				2014
ASSETS
Cash and due from banks		$	40			$	395
Investment in subsidiaries			70,141				67,050
Other assets			221				231
Total assets		$	70,402			$	67,676
LIABILITIES AND SHAREHOLDERS' EQUITY
Borrowings			8,248				8,248
Accrued expenses and other liabilities			690				693
Shareholders' equity			61,464				58,735
Total liabilities and shareholders' equity		$	70,402			$	67,676

Condensed Income Statement [Table Text Block]

(in thousands)		2015				2014				2013
Revenues
Dividends from subsidiary bank		$	-			$	-			$	-
Total revenue			-				-				-
Expenses
Interest on subordinated debt			294				438				293
Other expenses			528				157				395
Total expenses			822				595				688
Loss before equity in undistributed net loss of subsidiaries			(822	)			(595	)			(688	)
Equity in undistributed net income (loss) of subsidiaries			2,965				16,304				(6,601	)
Net Income (loss)		$	2,143			$	15,709			$	(7,289	)
Total Other comprehensive income (loss)		$	2,268			$	16,619			$	(7,858	)

Condensed Cash Flow Statement [Table Text Block]

(in thousands)		2015				2014				2013
Cash Flows from Operating Activities
Net Income (loss)		$	2,143			$	15,709			$	(7,289	)
Adjustments to reconcile net income (loss) to net cash (used in) operating activities:
Equity in undistributed (income) loss of subsidiaries			(2,965	)			(16,304	)			6,601
Share-based compensation expense			461				275				131
Change in assets and liabilities:
Decrease (Increase) in other assets			9				(30	)			85
(Decrease) increase in accrued expenses and other liabilities			(3	)			(1,084	)			323
Net cash (used in) operating activities			(355	)			(1,434	)			(149	)
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 in cash and cash equivalents			(355	)			(1,339	)			(649	)
Cash and cash equivalents at beginning of year			395				1,734				2,383
Cash and cash equivalents at end of year		$	40			$	395			$	1,734
Supplemental Disclosures of Cash Flow Information
Cash paid for interest		$	-			$	1,704			$	-
Accrued dividends declared on common stock		$	-			$	-			$	-

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