Note 4 - Loans (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	June 30,			December 31,
(in thousands)	2015			2014
Residential real estate	$	130,360		$	122,832
Commercial real estate		226,884			233,473
Construction, land acquisition and development		21,856			18,835
Commercial and industrial		134,367			132,057
Consumer		127,732			122,092
State and political subdivisions		41,025			40,205
Total loans, gross		682,224			669,494
Unearned income		(110	)		(98	)
Net deferred loan costs		1,474			871
Allowance for loan and lease losses		(10,328	)		(11,520	)
Loans, net	$	673,260		$	658,747

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	Real Estate
(in thousands)	Residential Real Estate			Commercial Real Estate			Construction, Land Acquisition and Development			Commercial and Industrial			Consumer			State and Political Subdivisions			Unallocated			Total
Three months ended June 30, 2015:
Allowance for loan losses:
Beginning balance, April 1, 2015	$	1,531		$	4,331		$	764		$	1,998		$	1,698		$	583		$	39		$	10,944
Charge-offs		(1	)		(912	)		(6	)		(72	)		(201	)		-			-			(1,192	)
Recoveries		5			16			-			102			108			-			-			231
Provisions (credits)		(51	)		606			20			(150	)		38			(79	)		(39	)		345
Ending balance, June 30, 2015	$	1,484		$	4,041		$	778		$	1,878		$	1,643		$	504		$	-		$	10,328
Three months ended June 30, 2014:
Allowance for loan losses:
Beginning balance, April 1, 2014	$	2,114		$	5,530		$	875		$	1,812		$	1,655		$	603		$	-		$	12,589
Charge-offs		(76	)		-			-			(127	)		(130	)		-			-			(333	)
Recoveries		62			349			3,299			63			151			-			-			3,924
Provisions (credits)		12			(746	)		(3,251	)		10			5			(35	)		-			(4,005	)
Ending balance, June 30, 2014	$	2,112		$	5,133		$	923		$	1,758		$	1,681		$	568		$	-		$	12,175
Six months ended June 30, 2015:
Allowance for loan losses:
Beginning balance, January 1, 2015	$	1,772		$	4,663		$	665		$	2,104		$	1,673		$	598		$	45		$	11,520
Charge-offs		(69	)		(912	)		(6	)		(142	)		(340	)		-			-			(1,469	)
Recoveries		11			18			-			167			230			-			-			426
Provisions (credits)		(230	)		272			119			(251	)		80			(94	)		(45	)		(149	)
Ending balance, June 30, 2015	$	1,484		$	4,041		$	778		$	1,878		$	1,643		$	504		$	-		$	10,328
Six months ended June 30, 2014:
Allowance for loan losses:
Beginning balance, January 1, 2014	$	2,287		$	6,017		$	924		$	2,321		$	1,789		$	679		$	-		$	14,017
Charge-offs		(85	)		-			-			(150	)		(367	)		-			-			(602	)
Recoveries		70			355			3,539			126			245			-			-			4,335
Provisions (credits)		(160	)		(1,239	)		(3,540	)		(539	)		14			(111	)		-			(5,575	)
Ending balance, June 30, 2014	$	2,112		$	5,133		$	923		$	1,758		$	1,681		$	568		$	-		$	12,175

	Real Estate
(in thousands)	Residential Real Estate		Commercial Real Estate		Construction, Land Acquisition and Development		Commercial and Industrial		Consumer		State and Political Subdivisions		Unallocated		Total
June 30, 2015
Allowance for loan losses:
Individually evaluated for impairment	$	8	$	306	$	-	$	-	$	1	$	-	$	-	$	315
Collectively evaluated for impairment		1,476		3,735		778		1,878		1,642		504		-		10,013
Total	$	1,484	$	4,041	$	778	$	1,878	$	1,643	$	504	$	-	$	10,328
Loans receivable:
Individually evaluated for impairment	$	2,673	$	6,811	$	338	$	29	$	356	$	-	$	-	$	10,207
Collectively evaluated for impairment		127,687		220,073		21,518		134,338		127,376		41,025		-		672,017
Total	$	130,360	$	226,884	$	21,856	$	134,367	$	127,732	$	41,025	$	-	$	682,224
December 31, 2014
Allowance for loan losses:
Individually evaluated for impairment	$	51	$	331	$	1	$	-	$	1	$	-	$	-	$	384
Collectively evaluated for impairment		1,721		4,332		664		2,104		1,672		598		45		11,136
Total	$	1,772	$	4,663	$	665	$	2,104	$	1,673	$	598	$	45	$	11,520
Loans receivable:
Individually evaluated for impairment	$	2,487	$	6,660	$	256	$	32	$	361	$	-	$	-	$	9,796
Collectively evaluated for impairment		120,345		226,813		18,579		132,025		121,731		40,205		-		659,698
Total	$	122,832	$	233,473	$	18,835	$	132,057	$	122,092	$	40,205	$	-	$	669,494

Financing Receivable Credit Quality Indicators [Table Text Block]

Credit Quality Indicators June 30, 2015
	Commercial Loans												Other Loans
			Special								Subtotal		Accruing		Non-accrual		Subtotal		Total
	Pass		Mention		Substandard		Doubtful		Loss		Commercial		Loans		Loans		Other		Loans
Residential real estate	$	20,046	$	414	$	1,057	$	-	$	-	$	21,517	$	108,247	$	596	$	108,843	$	130,360
Commercial real estate		199,826		15,659		11,399		-		-		226,884		-		-		-		226,884
Construction, land acquisition and development		14,023		365		6,658		-		-		21,046		810		-		810		21,856
Commercial and industrial		127,045		1,701		1,035		-		-		129,781		4,581		5		4,586		134,367
Consumer		3,075		20		118		-		-		3,213		124,341		178		124,519		127,732
State and political subdivisions		40,376		120		529		-		-		41,025		-		-		-		41,025
Total	$	404,391	$	18,279	$	20,796	$	-	$	-	$	443,466	$	237,979	$	779	$	238,758	$	682,224

Credit Quality Indicators
December 31, 2014
	Commercial Loans												Other Loans
			Special								Subtotal		Accruing		Non-accrual		Subtotal		Total
	Pass		Mention		Substandard		Doubtful		Loss		Commercial		Loans		Loans		Other		Loans
Residential real estate	$	19,892	$	451	$	1,077	$	-	$	-	$	21,420	$	100,576	$	836	$	101,412	$	122,832
Commercial real estate		204,252		13,217		16,004		-		-		233,473		-		-		-		233,473
Construction, land acquisition and development		10,910		1,423		5,566		-		-		17,899		936		-		936		18,835
Commercial and industrial		122,261		1,962		2,397		-		-		126,620		5,437		-		5,437		132,057
Consumer		3,414		-		125		-		-		3,539		118,377		176		118,553		122,092
State and political subdivisions		38,685		925		595		-		-		40,205		-		-		-		40,205
Total	$	399,414	$	17,978	$	25,764	$	-	$	-	$	443,156	$	225,326	$	1,012	$	226,338	$	669,494

Past Due Financing Receivables [Table Text Block]

	June 30, 2015
	Delinquency Status
	0-29 Days		30-59 Days		60-89 Days		>/= 90 Days
(in thousands)	Past Due		Past Due		Past Due		Past Due		Total
Performing (accruing) loans:
Real estate:
Residential real estate	$	129,084	$	346	$	81	$	-	$	129,511
Commercial real estate		220,851		1,384		-		-		222,235
Construction, land acquisition and development		21,830		-		26		-		21,856
Total real estate		371,765		1,730		107		-		373,602
Commercial and industrial		133,954		263		69		-		134,286
Consumer		126,293		1,084		177		-		127,554
State and political subdivisions		41,025		-		-		-		41,025
Total performing (accruing) loans		673,037		3,077		353		-		676,467
Non-accrual loans:
Real estate:
Residential real estate		409		159		-		281		849
Commercial real estate		205		760		104		3,580		4,649
Construction, land acquisition and development		-		-		-		-		-
Total real estate		614		919		104		3,861		5,498
Commercial and industrial		10		1		-		70		81
Consumer		42		22		20		94		178
State and political subdivisions		-		-		-		-		-
Total non-accrual loans		666		942		124		4,025		5,757
Total loans receivable	$	673,703	$	4,019	$	477	$	4,025	$	682,224

	December 31, 2014
	Delinquency Status
	0-29 Days		30-59 Days		60-89 Days		>/= 90 Days
(in thousands)	Past Due		Past Due		Past Due		Past Due		Total
Performing (accruing) loans:
Real estate:
Residential real estate	$	121,407	$	420	$	-	$	-	$	121,827
Commercial real estate		229,207		136		-		-		229,343
Construction, land acquisition and development		18,740		-		95		-		18,835
Total real estate		369,354		556		95		-		370,005
Commercial and industrial		131,621		90		135		-		131,846
Consumer		120,204		1,334		378		-		121,916
State and political subdivisions		40,205		-		-		-		40,205
Total peforming (accruing) loans		661,384		1,980		608		-		663,972
Non-accrual loans:
Real estate:
Residential real estate		495		99		17		394		1,005
Commercial real estate		288		3,628		19		195		4,130
Construction, land acquisition and development		-		-		-		-		-
Total real estate		783		3,727		36		589		5,135
Commercial and industrial		55		-		52		104		211
Consumer		42		-		58		76		176
State and political subdivisions		-		-		-		-		-
Total non-accrual loans		880		3,727		146		769		5,522
Total loans receivable	$	662,264	$	5,707	$	754	$	769	$	669,494

Impaired Financing Receivables [Table Text Block]

	June 30, 2015
			Unpaid
	Recorded		Principal		Related
(in thousands)	Investment		Balance		Allowance
With no allowance recorded:
Real estate:
Residential real estate	$	761	$	827	$	-
Commercial real estate		4,788		6,397		-
Construction, land acquisition and development		338		338		-
Total real estate		5,887		7,562		-
Commercial and industrial		29		58		-
Consumer		-		-		-
State and political subdivisions		-		-		-
Total impaired loans with no related allowance recorded		5,916		7,620		-
With a related allowance recorded:
Real estate:
Residential real estate		1,912		1,912		8
Commercial real estate		2,023		2,023		306
Construction, land acquisition and development		-		-		-
Total real estate		3,935		3,935		314
Commercial and industrial		-		-		-
Consumer		356		356		1
State and political subdivisions		-		-		-
Total impaired loans with a related allowance recorded		4,291		4,291		315
Total impaired loans:
Real estate:
Residential real estate		2,673		2,739		8
Commercial real estate		6,811		8,420		306
Construction, land acquisition and development		338		338		-
Total real estate		9,822		11,497		314
Commercial and industrial		29		58		-
Consumer		356		356		1
State and political subdivisions		-		-		-
Total impaired loans	$	10,207	$	11,911	$	315

	December 31, 2014
			Unpaid
	Recorded		Principal		Related
(in thousands)	Investment		Balance		Allowance
With no allowance recorded:
Real estate:
Residential real estate	$	385	$	410	$	-
Commercial real estate		4,401		5,024		-
Construction, land acquisition and development		68		68		-
Total real estate		4,854		5,502		-
Commercial and industrial		32		59		-
Consumer		-		-		-
State and political subdivisions		-		-		-
Total impaired loans with no related allowance recorded		4,886		5,561		-
With a related allowance recorded:
Real estate:
Residential real estate		2,102		2,137		51
Commercial real estate		2,259		2,259		331
Construction, land acquisition and development		188		188		1
Total real estate		4,549		4,584		383
Commercial and industrial		-		-		-
Consumer		361		361		1
State and political subdivisions		-		-		-
Total impaired loans with a related allowance recorded		4,910		4,945		384
Total impaired loans:
Real estate:
Residential real estate		2,487		2,547		51
Commercial real estate		6,660		7,283		331
Construction, land acquisition and development		256		256		1
Total real estate		9,403		10,086		383
Commercial and industrial		32		59		-
Consumer		361		361		1
State and political subdivisions		-		-		-
Total impaired loans	$	9,796	$	10,506	$	384

Schedule of Average Balance and Interest Income On Impaired Loans [Table Text Block]

	Three Months Ended June 30,								Six Months Ended June 30,
	2015				2014				2015				2014
	Average		Interest		Average		Interest		Average		Interest		Average		Interest
(in thousands)	Balance		Income (1)		Balance		Income (1)		Balance		Income (1)		Balance		Income (1)
Residential real estate	$	2,666	$	31	$	2,135	$	21	$	2,782	$	64	$	1,971	$	37
Commercial real estate		6,601		28		6,658		24		6,584		58		6,606		55
Construction, land acquisition and development		343		5		302		4		346		9		303		8
Total real estate		9,610		64		9,095		49		9,712		131		8,880		100
Commercial and industrial		30		-		99		-		30		-		114		-
Consumer		357		3		331		3		358		6		323		5
State and political subdivisions		-		-		-		-		-		-		-		-
Total impaired loans	$	9,997	$	67	$	9,525	$	52	$	10,100	$	137	$	9,317	$	105

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Three Months Ended June 30, 2015						Six Months Ended June 30, 2015
(dollars in thousands)	Number of Contracts		Pre-Modification  Outstanding Recorded Investments		Post-Modification Outstanding Recorded Investments		Number of Contracts		Pre-Modification  Outstanding Recorded Investments		Post-Modification Outstanding Recorded Investments
Troubled debt restructurings:
Residential real estate		3	$	154	$	171		5	$	810	$	827
Commercial real estate		1		1,654		1,654		1		1,654		1,654
Construction, land acquisition and development		-		-		-		1		96		96
Commercial and industrial		-		-		-		-		-		-
Consumer		-		-		-		-		-		-
State and political subdivisions		-		-		-		-		-		-
Total new troubled debt restructurings		4	$	1,808	$	1,825		7	$	2,560	$	2,577

	Three Months Ended June 30, 2014						Six Months Ended June 30, 2014
			Pre-Modification		Post-Modification				Pre-Modification		Post-Modification
	Number		Outstanding		Outstanding		Number		Outstanding		Outstanding
	of		Recorded		Recorded		of		Recorded		Recorded
(dollars in thousands)	Contracts		Investments		Investments		Contracts		Investments		Investments
Troubled debt restructurings:
Residential real estate		4	$	186	$	209		6	$	369	$	449
Commercial real estate		-		-		-		4		238		238
Construction, land acquisition and development		-		-		-		-		-		-
Commercial and industrial		-		-		-		-		-		-
Consumer		1		47		52		2		182		187
State and political subdivisions
Total new troubled debt restructurings		5	$	233	$	261		12	$	789	$	874

Schedule of Types of Modifications of Troubled Debt Restructurings On Financing Receivables [Table Text Block]

	Three Months Ended June 30, 2015										Six Months Ended June 30, 2015
(in thousands)	Extension of Term		Extension of Term and Capitalization of Taxes		Capitalization of Taxes		Principal Forbearance		Total Modifications		Extension of Term		Extension of Term and Capitalization of Taxes		Capitalization of Taxes		Principal Forbearance		Total Modifications
Type of modification:
Residential real estate	$	53	$	118	$	-	$	-	$	171	$	709	$	118	$	-	$	-	$	827
Commercial real estate		-		-		-		1,654		1,654		-		-		-		1,654		1,654
Construction, land acquisition and development		-		-		-		-		-		96		-		-		-		96
Commercial and industrial		-		-		-		-		-		-		-		-		-		-
Consumer		-		-		-		-		-		-		-		-		-		-
State and political subdivisions		-		-		-		-		-		-		-		-		-		-
Total modifications	$	53	$	118	$	-	$	1,654	$	1,825	$	805	$	118	$	-	$	1,654	$	2,577

	Three Months Ended June 30, 2014										Six Months Ended June 30, 2014
(in thousands)	Extension of Term		Extension of Term and Capitalization of Taxes		Capitalization of Taxes		Principal Forbearance		Total Modifications		Extension of Term		Extension of Term and Capitalization of Taxes		Capitalization of Taxes		Principal Forbearance		Total Modifications
Type of modification:
Residential real estate	$	115	$	59	$	35	$	-	$	209	$	115	$	299	$	35	$	-	$	449
Commercial real estate		-		-		-		-		-		238		-		-		-		238
Construction, land acquisition and development		-		-		-		-		-		-		-		-		-		-
Commercial and industrial		-		-		-		-		-		-		-		-		-		-
Consumer		-		52		-		-		52		135		52		-		-		187
State and political subdivisions		-		-		-		-		-		-		-		-		-		-
Total modifications	$	115	$	111	$	35	$	-	$	261	$	488	$	351	$	35	$	-	$	874