Note 2 - Available-for-sale Securities (Tables)

3 Months Ended

Mar. 31, 2017

Available-for-sale Securities [Table Text Block]

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
March 31, 2017:
U. S. Government agency mortgage-backed securities	$	4,736		6		(86	)		4,656
Corporate bonds		9,000		-		(63	)		8,937
Subordinated Notes		7,500		108		-			7,608
	$	21,236		114		(149	)		21,201

December 31, 2016:
U. S. Government agency mortgage-backed securities	$	10,624		9		(192	)		10,441
Corporate bonds		9,000		-		(39	)		8,961
Subordinated Notes		5,000		26		-			5,026
	$	24,624		35		(231	)		24,428

Schedule of Unrealized Loss on Investments [Table Text Block]

(In thousands)	Less than 12 Months					12 Months or More					Total
March 31, 2017:	Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)
U. S. Government agency mortgage-backed securities	$	-		-			3,687		(86	)		3,687		(86	)
Corporate bonds		8,937		(63	)		-		-			8,937		(63	)
	$	8,937		(63	)		3,687		(86	)		12,624		(149	)

December 31, 2016:
U. S. Government agency mortgage-backed securities	$	5,969		(144	)		3,356		(48	)		9,325		(192	)
Corporate bonds		-		-			5,961		(39	)		5,961		(39	)
	$	5,969		(144	)		9,317		(87	)		15,286		(231	)

Investments Classified by Contractual Maturity Date [Table Text Block]

(In thousands)	Amortized Cost								Fair Value
	Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total		Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total
March 31, 2017:
Corporate bonds	$	-		9,000		-		9,000		-		8,937		-		8,937
U. S. Government agency bonds		-		-		-		-		-		-		-		-
Subordinated Notes		1,000		6,500		-		7,500		1,025		6,583		-		7,608
Available-for-sale securities with single maturity dates		1,000		15,500		-		16,500		1,025		15,520		-		16,545
U. S. Government agency mortgage-backed securities		-		-		4,736		4,736		-		-		4,656		4,656
	$	1,000		15,500		4,736		21,236		1,025		15,520		4,656		21,201

December 31, 2016:
Corporate bonds	$	9,000		-		-		9,000		8,961		-		-		8,961
Subordinated Notes		1,000		4,000		-		5,000		1,026		4,000		-		5,026
Available-for-sale securities with single maturity dates		10,000		4,000		-		14,000		9,987		4,000		-		13,987
U. S. Government agency mortgage-backed securities		-		2,132		8,492		10,624		-		2,106		8,335		10,441
	$	10,000		6,132		8,492		24,624		9,987		6,106		8,335		24,428

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details