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Note 8 - Long-term Debt | 3 Months Ended
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Mar. 31, 2017
Notes to Financial Statements |
Long-term Debt [Text Block] |
8. | LONG-TERM DEBT
The Company uses FHLB advances as an alternative to funding sources with similar maturities, such as certificates of deposit or other deposit programs. These advances generally offer more attractive rates than other mid-term financing options. They are also flexible, allowing the Company to quickly obtain the necessary maturities and rates that best suit its overall asset/liability strategy. FHLB advances with an original maturity of more than one year are classified as long-term. The Company had long-term FHLB advances outstanding of $15.0 million as of both March 31, 2017 and December 31, 2016. Assets pledged associated with FHLB advances totaled $26.1 million and $28.0 million as of March 31, 2017 and December 31, 2016, respectively. As of March 31, 2017 and December 31, 2016, the Bank had $157.0 million and $155.0 million, respectively, in remaining credit from the FHLB (subject to available collateral).

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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