Note 8 - Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

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

	Fair Value Measurements at June 30, 2015
(in thousands)	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Available-for-sale securities:
Obligations of U.S. government agencies	$	44,001	$	-	$	44,001	$	-
Obligations of state and political subdivisions		35,955		-		35,955		-
U.S. government/ government-sponsored agencies:
Collateralized mortgage obligations - residential		24,396		-		24,396		-
Collateralized mortgage obligations - commercial		84,791		-		84,791		-
Residential mortgage-backed securities		33,771		-		33,771		-
Corporate debt securities		431		-		431		-
Negotiable certificates of deposit		2,236		-		2,236		-
Equity securities		958		958		-		-
Total available-for-sale securities	$	226,539	$	958	$	225,581	$	-

	Fair Value Measurements at December 31, 2014
(in thousands)	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available-for-sale securities:
Obligations of U.S. government agencies	$	29,276	$	-	$	29,276	$	-
Obligations of state and political subdivisions		24,509		-		24,509		-
U.S. government/ government-sponsored agencies:
Collateralized mortgage obligations - residential		26,231		-		26,231		-
Collateralized mortgage obligations - commerical		61,256		-		61,256		-
Residential mortgage-backed securities		74,098		-		74,098		-
Corporate debt securities		420		-		420		-
Negotiable certificates of deposit		2,232		-		2,232		-
Equity securities		967		967		-		-
Total available-for-sale securities	$	218,989	$	967	$	218,022	$	-

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Fair Value Measurements
Using Significant Unobservable Inputs (Level 3)
	State and Political Subdivisions
	Six Months Ended June 30,
(in thousands)	2015		2014
Balance at January 1,	$	-	$	571
Amortization		-		-
Accretion		-		-
Purchases		-		-
Paydowns		-		(295	)
Total gains or losses (realized/unrealized):		-
Included in earnings		-		-
Included in other comprehensive income		-		18
Balance at June 30,	$	-	$	294

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value Measurements at June 30, 2015
(in thousands)	Fair Value (1)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Collateral-dependent impaired loans	$	5,932	$	-	$	-	$	5,932
Other real estate owned	$	798	$	-	$	-	$	798

	Fair Value Measurements at December 31, 2014
(in thousands)	Fair Value (1)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Collateral-dependent impaired loans	$	5,380	$	-	$	-	$	5,380
Other real estate owned	$	2,087	$	-	$	-	$	2,087

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

	Fair Value	June 30, 2015				December 31, 2014
(in thousands)	Measurement	Carrying Value		Fair Value		Carrying Value		Fair Value
Financial assets:
Cash and short term investments	Level 1	$	72,315	$	72,315	$	35,667	$	35,667
Securities available for sale	See previous table		226,539		226,539		218,989		218,989
FHLB and FRB Stock	Level 2		4,035		4,035		4,154		4,154
Loans held for sale	Level 2		138		138		603		603
Loans, net	Level 3		673,398		672,232		658,747		659,231
Accrued interest receivable	Level 2		2,174		2,174		2,075		2,075
Mortgage servicing rights	Level 3		235		869		333		898
Financial liabilities:
Deposits	Level 2		865,369		844,232		795,336		779,986
Borrowed funds	Level 2		82,081		83,744		96,504		100,020
Accrued interest payable	Level 2		11,344		11,344		10,262		10,262