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Note 17 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

		Fair Value Measurements as of September 30 , 2018 Using
		Totals At September 30 , 2018				Quoted Prices in Active Markets For Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
		(Dollars in Thousands)
Investment securities, available-for-sale
Mortgage-backed securities:
Residential		$	74,311			$	—			$	74,311			$	—
Commercial			57,716				—				57,716				—
Obligations of states and political subdivisions			5,151				—				5,151				—
U.S. Treasury securities			80				—				80				—

		Fair Value Measurements as of December 31, 2017 Using
		Totals At December 31, 2017				Quoted Prices in Active Markets For Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
		(Dollars in Thousands)
Investment securities, available-for-sale
Mortgage-backed securities:
Residential		$	82,786			$	—			$	82,786			$	—
Commercial			66,074				—				66,074				—
Obligations of states and political subdivisions			4,931				—				4,931				—
U.S. Treasury securities			80				—				80				—
Other assets - derivatives			443				—				443				—

Fair Value Assets Measured On Nonrecurring Basis [Table Text Block]

		Fair Value Measurements as of September 30 , 2018 Using
		Totals At September 30 , 2018				Quoted Prices in Active Markets For Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
		(Dollars in Thousands)
Impaired loans		$	3,080			$	—			$	—			$	3,080
OREO			1,489				—				—				1,489
Assets held-for-sale			198				—				—				198

		Fair Value Measurements as of December 31, 2017 Using
		Totals At December 31, 2017				Quoted Prices in Active Markets For Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
		(Dollars in Thousands)
Impaired loans		$	694			$	—			$	—			$	694
OREO			3,792				—				—				3,792
Assets held-for-sale			228				—				—				228

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

		Level 3 Significant Unobservable Input Assumptions
		Fair Value As Of September 30 , 2018			Valuation Technique		Unobservable Input		Quantitative Range of Unobservable Inputs (Weighted Average)
		(Dollars in Thousands)
Non-recurring fair value measurements:
Impaired loans		$	3,080		Multiple data points, including discount to appraised value of collateral based on recent market activity		Appraisal comparability adjustment (discount)		9%	-	10%	( 9.5%)
OREO		$	1,489		Discount to appraised value of property based on recent market activity for sales of similar properties		Appraisal comparability adjustment (discount)		9%	-	10%	( 9.5%)
Assets held-for-sale		$	198		Discount to appraised value of property based on recent market activity for sales of similar properties		Appraisal comparability adjustment (discount)		9%	-	10%	( 9.5%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

		September 30 , 2018
		Carrying Amount				Estimated Fair Value				Level 1				Level 2				Level 3
		(Dollars in Thousands)
Assets:
Cash and cash equivalents		$	50,083			$	50,083			$	50,083			$	—			$	—
Investment securities available-for-sale			137,258				137,258				—				137,258				—
Investment securities held-to-maturity			22,238				21,479				—				21,479				—
Federal funds sold			8,561				8,561				—				8,561				—
Federal Home Loan Bank stock			703				703				—				—				703
Loans, net of allowance for loan losses			519,822				511,417				—				—				511,417
Liabilities:
Deposits			715,761				712,914				—				712,914				—
Short-term borrowings			192				192				—				192				—

		December 31, 2017
		Carrying Amount				Estimated Fair Value				Level 1				Level 2				Level 3
		(Dollars in Thousands)
Assets:
Cash and cash equivalents		$	27,124			$	27,124			$	27,124			$	—			$	—
Investment securities available-for-sale			153,871				153,871				—				153,871				—
Investment securities held-to-maturity			26,279				25,949				—				25,949				—
Federal funds sold			15,000				15,000				—				15,000				—
Federal Home Loan Bank stock			1,609				1,609				—				—				1,609
Loans, net of allowance for loan losses			346,121				342,248				—				—				342,248
Other assets – derivatives			443				443				—				443				—
Liabilities:
Deposits			517,079				515,645				—				515,645				—
Short-term borrowings			15,594				15,594				—				15,594				—
Long-term debt			10,000				9,998				—				9,998				—

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Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique used to measure similar asset in prior period by class of asset or liability on non-recurring basis.

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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