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Note 14 - Segment Reporting
 3 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
14.
SEGMENT REPORTING
 
Under
ASC Topic 280,
Segment Reporting
, certain information is disclosed for the two reportable operating segments of the Company, FUSB and ALC. The reportable segments were determined using the internal management reporting system. These segments comprise the Company’s and FUSB’s significant subsidiaries. The accounting policies for each segment are the same as those described in Note 2, “Summary of Significant Accounting Policies,” of the Notes to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2015. The segment results include certain overhead allocations and intercompany transactions that were recorded at current market prices. All intercompany transactions have been eliminated to determine the consolidated balances. The results for the two reportable segments of the Company are included in the tables below.
 
   
 
 
 
  
 
 
 
  
All
    
 
 
 
  
 
 
 
   
FUSB
    
ALC
    
Other
    
Eliminations
    
Consolidated
  
   
(Dollars in Thousands)
  
For the three months ended
March
3
1
, 201
6
:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net interest income
   $ 3,598     $ 3,060     $ 3     $
—
     $ 6,661  
Provision (reduction in reserve) for loan losses
     (280 )     447      
—
      
—
       167  
Total non-interest income
     721       252       675       (659 )     989  
Total non-interest expense
     4,334       2,427       440       (135 )     7,066  
Income before income taxes
     265       438       238       (524 )     417  
Provision for income taxes
     48       158       (106 )    
—
       100  
Net income
   $ 217     $ 280     $ 344     $ (524 )   $ 317  
Other significant items:
                                        
Total assets
   $ 577,945     $ 84,353     $ 83,129     $ (169,845 )   $ 575,582  
Total investment securities
     231,386      
—
       80      
—
       231,466  
Total loans, net
     256,037       80,480      
—
       (72,542 )     263,975  
Investment in subsidiaries
     5      
—
       77,716       (77,716 )     5  
Fixed asset additions
     3,224       5      
—
      
—
       3,229  
Depreciation and amortization expense
     180       52      
—
      
—
       232  
Total interest income from external customers
     3,124       4,072      
—
      
—
       7,196  
Total interest income from affiliates
     1,012      
—
       3       (1,015 )    
—
  
 
 
   
 
 
 
  
 
 
 
  
All
    
 
 
 
  
 
 
 
   
FUSB
    
ALC
    
Other
    
Eliminations
    
Consolidated
  
   
(Dollars in Thousands)
  
For the three months ended
March 31
, 201
5
:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net interest income
   $ 3,844     $ 2,861     $ 2     $ —     $ 6,707  
Provision (reduction in reserve) for loan losses
     (525
)
     359       —       —       (166
)
Total non-interest income
     1,149       220       1,113       (1,191
)
     1,291  
Total non-interest expense
     4,281       2,493       356       (153
)
     6,977  
Income before income taxes
     1,237       229       759       (1,038
)
     1,187  
Provision for income taxes
     370       86       (105
)
     —       351  
Net income
   $ 867     $ 143     $ 864     $ (1,038
)
   $ 836  
Other significant items:
                                        
Total assets
   $ 567,318     $ 75,124     $ 82,175     $ (159,735
)
   $ 564,882  
Total investment securities
     249,784       —       80       —       249,864  
Total loans, net
     231,778       70,786       —       (63,346
)
     239,218  
Investment in subsidiaries
     5       —       76,865       (76,865
)
     5  
Fixed asset addition
     1,241       162       —       —       1,403  
Depreciation and amortization expense
     153       60       —       —       213  
Total interest income from external customers
     3,578       3,743       —       —       7,321  
Total interest income from affiliates
     882       —       2       (884
)
     —