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Note 9 - Fair Value and Interest Rate Risk (Tables) | 3 Months Ended
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Mar. 31, 2017
Notes Tables |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
(In thousands) |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Total |
March 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency mortgage-backed securities |  | $ | - |  |  |  | 4,656 |  |  |  | - |  |  |  | 4,656 |
Corporate bonds |  |  | - |  |  |  | 8,937 |  |  |  | - |  |  |  | 8,937 |
Subordinated Notes |  |  | - |  |  |  | 5,608 |  |  |  | 2,000 |  |  |  | 7,608 |
Available-for-sale securities |  | $ | - |  |  |  | 19,201 |  |  |  | 2,000 |  |  |  | 21,201 |
December 31, 2016: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency mortgage-backed securities |  | $ | - |  |  |  | 10,441 |  |  |  | - |  |  |  | 10,441 |
Corporate bonds |  |  | - |  |  |  | 8,961 |  |  |  | - |  |  |  | 8,961 |
Subordinated Notes |  |  | - |  |  |  | 3,026 |  |  |  | 2,000 |  |  |  | 5,026 |
Available-for-sale securities |  | $ | - |  |  |  | 22,428 |  |  |  | 2,000 |  |  |  | 24,428 |
Fair Value Measurements, Nonrecurring [Table Text Block] |
(In thousands) |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Total |
December 31, 2016: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other real estate owned ("OREO") |  | $ | - |  |  |  | - |  |  |  | 851 |  |  |  | 851 |
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] |
|  | December 31, 2016 |
|  | Other Real Estate Owned (“OREO”) |
Fair Value |  | $ | 851 |
Valuation technique (1) |  | Independent appraised value of collateral |
Unobservable Input (2) |  | Liquidation cost |
Weighting of qualitative factors (3) |  | 22.6% and (22.6)% |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
(In thousands) |  |  |  | March 31, 2017 |  |  | December 31, 2016 |
|  | Fair Value Hierarchy |  | Carrying Amount |  |  | Estimated Fair Value |  |  | Carrying Amount |  |  | Estimated Fair Value |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and noninterest bearing balances due from banks |  | Level 1 |  | $ | 5,087 |  |  |  | 5,087 |  |  |  | 2,596 |  |  |  | 2,596 |
Interest-bearing deposits due from banks |  | Level 1 |  |  | 55,179 |  |  |  | 55,179 |  |  |  | 89,693 |  |  |  | 89,693 |
U. S. Government agency mortgage-backed securities |  | Level 2 |  |  | 4,656 |  |  |  | 4,656 |  |  |  | 10,441 |  |  |  | 10,441 |
Corporate bonds |  | Level 2 |  |  | 8,937 |  |  |  | 8,937 |  |  |  | 8,961 |  |  |  | 8,961 |
Subordinated Notes |  | Level 2 |  |  | 5,608 |  |  |  | 5,608 |  |  |  | 3,026 |  |  |  | 3,026 |
Subordinated Notes |  | Level 3 |  |  | 2,000 |  |  |  | 2,000 |  |  |  | 2,000 |  |  |  | 2,000 |
Other investments |  | Level 2 |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |
Federal Reserve Bank stock |  | Level 2 |  |  | 2,358 |  |  |  | 2,358 |  |  |  | 2,109 |  |  |  | 2,109 |
Federal Home Loan Bank stock |  | Level 2 |  |  | 5,489 |  |  |  | 5,489 |  |  |  | 5,609 |  |  |  | 5,609 |
Loans receivable, net |  | Level 3 |  |  | 625,030 |  |  |  | 623,915 |  |  |  | 576,982 |  |  |  | 576,757 |
Accrued interest receivable |  | Level 2 |  |  | 3,063 |  |  |  | 3,063 |  |  |  | 2,726 |  |  |  | 2,726 |
Financial assets, total |  |  | 721,857 |  |  |  | 720,742 |  |  |  | 708,593 |  |  |  | 708,368 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Demand deposits |  | Level 2 |  |  | 78,372 |  |  |  | 78,372 |  |  |  | 76,772 |  |  |  | 76,772 |
Savings deposits |  | Level 2 |  |  | 140,352 |  |  |  | 140,352 |  |  |  | 131,429 |  |  |  | 131,429 |
Money market deposits |  | Level 2 |  |  | 15,304 |  |  |  | 15,304 |  |  |  | 15,593 |  |  |  | 15,593 |
NOW accounts |  | Level 2 |  |  | 26,156 |  |  |  | 26,156 |  |  |  | 29,912 |  |  |  | 29,912 |
Time deposits |  | Level 2 |  |  | 242,183 |  |  |  | 242,023 |  |  |  | 211,686 |  |  |  | 210,321 |
Brokered deposits |  | Level 1 |  |  | 58,592 |  |  |  | 58,539 |  |  |  | 63,932 |  |  |  | 63,897 |
FHLB and correspondent bank borrowings |  | Level 2 |  |  | 124,000 |  |  |  | 124,120 |  |  |  | 138,000 |  |  |  | 138,149 |
Senior notes |  | Level 2 |  |  | 11,647 |  |  |  | 11,647 |  |  |  | 11,628 |  |  |  | 11,628 |
Subordinated debentures |  | Level 2 |  |  | 8,080 |  |  |  | 8,080 |  |  |  | 8,079 |  |  |  | 8,079 |
Note payable |  | Level 3 |  |  | 1,722 |  |  |  | 1,570 |  |  |  | 1,769 |  |  |  | 1,565 |
Accrued interest payable |  | Level 2 |  |  | 343 |  |  |  | 343 |  |  |  | 118 |  |  |  | 118 |
Financial liabilities, total |  |  |  |  | 706,751 |  |  |  | 706,506 |  |  |  | 688,918 |  |  |  | 687,463 |

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- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition 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 (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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