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Note 11 - Fair Value and Interest Rate Risk (Tables)

6 Months Ended

Jun. 30, 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
June 30, 2018:
U. S. Government agency mortgage-backed securities		$	-				6,229				-				6,229
Corporate bonds			-				13,201				-				13,201
Subordinated notes			-				4,552				-				4,552
Available-for-sale securities		$	-				23,982				-				23,982
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
June 30, 2018:
Impaired loans		$	9,345		Real Estate Appraisals		Discount for appraisal type			0%	-	8%
Other real estate owned			991		Real Estate Appraisals		Discount for appraisal type				14%
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)						June 30, 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				$	4,589				4,589				3,582				3,582
Interest-bearing deposits due from banks		Level 1					81,052				81,052				45,659				45,659
U. S. Government agency mortgage-backed securities		Level 2					6,229				6,229				7,224				7,224
Corporate bonds		Level 2					13,201				13,201				13,804				13,804
Subordinated notes		Level 2					4,552				4,552				4,548				4,548
Other investments		Level 2					4,450				4,450				4,450				4,450
Federal Reserve Bank stock		Level 2					2,564				2,564				2,502				2,502
Federal Home Loan Bank stock		Level 2					5,807				5,807				5,889				5,889
Loans receivable, net		Level 3					750,804				734,773				713,350				702,816
Accrued interest receivable		Level 2					3,306				3,306				3,496				3,496
Financial assets, total						$	876,554				860,523				804,504				793,970
Financial Liabilities:
Demand deposits		Level 2				$	83,808				83,808				81,197				81,197
Savings deposits		Level 2					111,812				111,812				135,975				135,975
Money market deposits		Level 2					38,240				38,240				16,575				16,575
NOW accounts		Level 2					26,352				26,352				25,476				25,476
Time deposits		Level 2					274,183				272,605				240,087				239,219
Brokered deposits		Level 1					177,917				177,503				138,129				137,870
FHLB and correspondent bank borrowings		Level 2					110,000				110,150				120,000				120,218
Senior notes		Level 2					11,740				11,108				11,703				11,249
Subordinated debt		Level 2					9,576				9,576				-				-
Junior subordinated debt owed to unconsolidated trust		Level 2					8,090				8,090				8,086				8,086
Note payable		Level 3					1,484				1,298				1,580				1,416
Accrued interest payable		Level 2					1,422				1,422				569				569
Financial liabilities, total						$	854,624				851,964				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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