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Note 17 - Related Party Transactions | 12 Months Ended
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Dec. 31, 2018
Notes to Financial Statements |
Related Party Transactions Disclosure [Text Block] |
Note 17. | Related Party Transactions
In the normal course of business, the Company grants loans to executive officers, directors and members of their immediate families, as defined, and to entities in which these individuals have more than a 10% equity ownership. The transactions are completed under the same terms applied to transaction with unrelated third parties. There was $150,000 and $139,000 of loans to related parties outstanding as of December 31, 2018 and 2017, respectively. As of December 31, 2018 and 2017, deposits by related parties aggregated $1.1 million and $1.3 million, respectively. For the years ended December 31, 2018 and 2017, no referral fees and commissions were paid to affiliates of members of the Board of Directors.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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