Note 7 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

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

	Carrying Value
(In thousands)	Level 1		Level 2		Level 3		Total
September 30, 2014
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	30,421	$	0	$	30,421
Agency CMO		0		15,716		0		15,716
Agency notes and bonds		0		22,428		0		22,428
Municipal obligations		0		31,921		0		31,921
Mutual funds		5		0		0		5
Total securities available for sale	$	5	$	100,486	$	0	$	100,491
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,244	$	1,244
Land		0		0		107		107
Construction		0		0		0		0
Commercial real estate		0		0		1,696		1,696
Commercial business		0		0		638		638
Home equity and second mortgage		0		0		154		154
Total impaired loans	$	0	$	0	$	3,839	$	3,839
Loans held for sale	$	0	$	1,039	$	0	$	1,039
Foreclosed real estate:
Residential real estate	$	0	$	0	$	58	$	58
Total foreclosed real estate	$	0	$	0	$	58	$	58
December 31, 2013
Assets Measured on a Recurring Basis
Securities available for sale:
Agency mortgage-backed securities	$	0	$	18,369	$	0	$	18,369
Agency CMO		0		20,241		0		20,241
Agency notes and bonds		0		30,914		0		30,914
Municipal obligations		0		36,040		0		36,040
Mutual funds		3,198		0		0		3,198
Total securities available for sale	$	3,198	$	105,564	$	0	$	108,762
Assets Measured on a Nonrecurring Basis
Impaired loans:
Residential real estate	$	0	$	0	$	1,928	$	1,928
Land		0		0		120		120
Construction		0		0		0		0
Commercial real estate		0		0		2,441		2,441
Commercial business		0		0		639		639
Home equity and second mortgage		0		0		263		263
Total impaired loans	$	0	$	0	$	5,391	$	5,391
Loans held for sale	$	0	$	1,611	$	0	$	1,611
Foreclosed real estate:
Residential real estate	$	0	$	0	$	466	$	466
Total foreclosed real estate	$	0	$	0	$	466	$	466

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

	Carrying		Fair		Fair Vale Measurements Using
(In thousands)	Value		Value		Level 1		Level 2		Level 3
September 30, 2014
Financial assets:
Cash and cash equivalents	$	20,163	$	20,163	$	20,163	$	0	$	0
Interest-bearing time deposits		6,635		6,761		0		6,761		0
Securities available for sale		100,491		100,491		5		100,486		0
Securities held to maturity		7		7		0		7		0
Loans held for sale		1,039		1,061		0		1,061		0
Loans, net		302,275		302,704		0		0		302,704
FHLB stock		2,820		2,820		0		2,820		0
Accrued interest receivable		1,607		1,607		0		1,607		0
Cost method investment (included in other assets)		711		711		0		711		0
Financial liabilities:
Deposits		401,049		400,790		0		0		400,790
Accrued interest payable		154		154		0		154		0
December 31, 2013:
Financial assets:
Cash and cash equivalents	$	11,136	$	11,136	$	11,136	$	0	$	0
Interest-bearing time deposits		4,425		4,458		0		4,458		0
Securities available for sale		108,762		108,762		3,198		105,564		0
Securities held to maturity		9		9		0		9		0
Loans held for sale		1,611		1,644		0		1,644		0
Loans, net		288,506		287,753		0		0		287,753
FHLB stock		2,820		2,820		0		2,820		0
Accrued interest receivable		1,716		1,716		0		1,716		0
Cost method investment (included in other assets)		540		540		0		540		0
Financial liabilities:
Deposits		373,830		373,883		0		0		373,883
Retail repurchase agreements		9,310		9,310		0		9,310		0
Advances from FHLB		5,500		5,500		0		5,500		0
Accrued interest payable		192		192		0		192		0