Note 23 - Parent Company Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

Condensed Financial Information of Parent Company Only, Statements of Financial Condition [Table Text Block]

Balance Sheets
(In thousands)
	As of December 31 ,
	2016		2015
Assets:
Cash and cash equivalents	$	727	$	461
Other assets		243		971
Investment in subsidiaries		74,790		73,027
	$	75,760	$	74,459
Liabilities and Equity:
Accrued expenses	$	30	$	63
Stockholders' equity		75,730		74,396
	$	75,760	$	74,459

Condensed Financial Information of Parent Company Only, Statement of Income [Table Text Block]

Statements of Income
(In thousands)
	Years Ended December 31,
	2016			2015
Dividend income from subsidiary	$	2,550		$	18,200
Other income		152			9
Other operating expenses		(534	)		(1,116	)
Income before income taxes and equity in undistributed net income of subsidiaries		2,168			17,093
Income tax benefit		158			179
Income before equity in undistributed net income of subsidiaries		2,326			17,272
Equity in undistributed net income of subsidiaries		4,538			(12,074	)
Net income	$	6,864		$	5,198

Condensed Financial Information of Parent Company Only, Statements of Cash Flows [Table Text Block]

Statements of Cash Flows
(In thousands)
	Years Ended December 31 ,
	2016			2015
Operating Activities:
Net income	$	6,864		$	5,198
Adjustments to reconcile net income to cash and cash equivalents provided by operating activities:
Equity in undistributed net income of subsidiaries		(4,538	)		12,074
Stock compensation expense		82			71
Gain on sale of cost method equity investment		(145	)		0
Net change in other assets and liabilities		(15	)		3
Net cash provided by operating activities		2,248			17,346
Investing Activities:
Proceeds from sale of cost method equity investment		856			0
Net cash paid in acquisition of Peoples		0			(14,748	)
Net cash provided by (used in) investing activities		856			(14,748	)
Financing Activities:
Advances on line of credit		0			500
Repayment of advances on line of credit		0			(500	)
Purchase of treasury stock		(34	)		(10	)
Cash dividends paid		(2,804	)		(2,436	)
Net cash used in financing activities		(2,838	)		(2,446	)
Net increase in cash and cash equivalents		266			152
Cash and cash equivalents at beginning of year		461			309
Cash and cash equivalents at end of year	$	727		$	461