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Note 3 - Available-for-sale Securities (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Debt Securities, Available-for-sale [Table Text Block]

(In thousands)		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
March 31, 2019:
U. S. Government agency mortgage-backed securities		$	20,017				84				(125	)			19,976
Corporate bonds			14,000				-				(1,172	)			12,828
Subordinated notes			5,899				81				-				5,980
U.S. Treasury notes			1,488				3				-				1,491
		$	41,404				168				(1,297	)			40,275

December 31, 2018:
U. S. Government agency mortgage-backed securities		$	20,626				43				(196	)			20,473
Corporate bonds			14,000				-				(1,026	)			12,974
Subordinated notes			4,500				64				-				4,564
U.S. Treasury notes			1,484				1				-				1,485
		$	40,610				108				(1,222	)			39,496

Schedule of Unrealized Loss on Investments [Table Text Block]

(In thousands)		Less than 12 Months								12 Months or More								Total
		Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)
March 31, 2019:
U. S. Government agency mortgage-backed securities		$	2,972				(23	)			3,778				(102	)			6,750				(125	)
Corporate bonds			-				-				12,828				(1,172	)			12,828				(1,172	)
		$	2,972				(23	)			16,606				(1,274	)			19,578				(1,297	)

December 31, 2018:
U. S. Government agency mortgage-backed securities		$	8,024				(38	)			5,422				(158	)			13,446				(196	)
Corporate bonds			-				-				12,974				(1,026	)			12,974				(1,026	)
		$	8,024				(38	)			18,396				(1,184	)			26,420				(1,222	)

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, 2019:
Corporate bonds		$	-				9,000				5,000				14,000				-				8,278				4,550				12,828
Subordinated notes			-				5,899				-				5,899				-				5,980				-				5,980
U.S. Treasury notes			1,488				-				-				1,488				1,491				-				-				1,491
Available-for-sale securities with single maturity dates			1,488				14,899				5,000				21,387				1,491				14,258				4,550				20,299
U. S. Government agency mortgage-backed securities			9,671				2,445				7,901				20,017				9,664				2,368				7,944				19,976
		$	11,159				17,344				12,901				41,404				11,155				16,626				12,494				40,275

December 31, 2018:
Corporate bonds		$	-				9,000				5,000				14,000				-				8,537				4,437				12,974
Subordinated notes			-				4,500				-				4,500				-				4,564				-				4,564
U.S. Treasury notes			1,484				-				-				1,484				1,485				-				-				1,485
Available-for-sale securities with single maturity dates			1,484				13,500				5,000				19,984				1,485				13,101				4,437				19,023
U. S. Government agency mortgage-backed securities			6,842				5,668				8,116				20,626				6,844				5,530				8,099				20,473
		$	8,326				19,168				13,116				40,610				8,329				18,631				12,536				39,496