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Note 10 - Fair Value and Interest Rate Risk (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018:
U. S. Government agency mortgage-backed securities		$	-				6,655				-				6,655
Corporate bonds			-				13,601				-				13,601
Subordinated notes			-				4,537				-				4,537
Available-for-sale securities		$	-				24,793				-				24,793
December 31, 2017:
U. S. Government agency mortgage-backed securities		$	-				7,224				-				7,224
Corporate bonds			-				13,804				-				13,804
Subordinated notes			-				4,548				-				4,548
Available-for-sale securities		$	-				25,576				-				25,576

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

(In thousands)		Fair Value			Valuation Methodology		Unobservable Inputs		Range of Inputs
March 31, 2018:
Impaired loans		$	7,932		Real Estate Appraisals		Discount for appraisal type		0%	-	8%
December 31, 2017:
Impaired loans		$	6,500		Real Estate Appraisals		Discount for appraisal type		0%	-	8%

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

(In thousands)			March 31, 2018								December 31, 2017
	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		$	3,865				3,865				3,582				3,582
Interest-bearing deposits due from banks	Level 1			58,127				58,127				45,659				45,659
U. S. Government agency mortgage-backed securities	Level 2			6,655				6,655				7,224				7,224
Corporate bonds	Level 2			13,601				13,601				13,804				13,804
Subordinated Notes	Level 2			4,537				4,537				4,548				4,548
Other investments	Level 2			4,450				4,450				4,450				4,450
Federal Reserve Bank stock	Level 2			2,526				2,526				2,502				2,502
Federal Home Loan Bank stock	Level 2			5,889				5,889				5,889				5,889
Loans receivable, net	Level 3			718,070				705,991				713,350				702,816
Accrued interest receivable	Level 2			3,505				3,505				3,496				3,496
Financial assets, total			$	821,225				809,146				804,504				793,970
Financial Liabilities:
Demand deposits	Level 2		$	71,736				71,736				81,197				81,197
Savings deposits	Level 2			132,118				132,118				135,975				135,975
Money market deposits	Level 2			11,936				11,936				16,575				16,575
NOW accounts	Level 2			23,461				23,461				25,476				25,476
Time deposits	Level 2			250,857				249,401				240,087				239,219
Brokered deposits	Level 1			165,190				164,650				138,129				137,870
FHLB and correspondent bank borrowings	Level 2			120,000				120,086				120,000				120,218
Senior notes	Level 2			11,722				11,116				11,703				11,249
Subordinated debentures	Level 2			8,088				8,088				8,086				8,086
Note payable	Level 3			1,532				1,345				1,580				1,416
Accrued interest payable	Level 2			954				954				569				569
Financial liabilities, total			$	797,594				794,891				779,377				777,850

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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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).

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