Note 11 - Fair Value and Interest Rate Risk (Tables)

6 Months Ended

Jun. 30, 2019

Notes Tables

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

(In thousands)		June 30, 2019				December 31, 2018
	Fair Value Hierarchy	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial Assets:
Cash and noninterest bearing balances due from banks	Level 1	$	5,578		5,578		7,381		7,381
Interest-bearing deposits due from banks	Level 1		45,538		45,538		59,056		59,056
U. S. Government agency mortgage-backed securities	Level 2		19,249		19,249		20,473		20,473
Corporate bonds	Level 2		16,065		16,065		12,974		12,974
Subordinated notes	Level 2		7,029		7,029		4,564		4,564
U.S. Treasury notes	Level 2		1,496		1,496		1,485		1,485
Other investments	Level 2		4,963		4,963		4,963		4,963
Federal Reserve Bank stock	Level 2		2,922		2,922		2,866		2,866
Federal Home Loan Bank stock	Level 2		4,513		4,513		4,928		4,928
Loans receivable, net	Level 3		803,319		789,290		772,767		762,581
SBA Loans held for sale	Level 2		4,283		4,283		-		-
SBA servicing assets	Level 3		156		156		37		37
Accrued interest receivable	Level 2		3,678		3,678		3,766		3,766
Interest swap receivable	Level 2		680		680		286		286
Financial assets, total		$	919,469		905,440		895,546		885,360
Financial Liabilities:
Demand deposits	Level 2	$	84,295		84,295		84,471		84,471
Savings deposits	Level 2		56,807		56,807		81,912		81,912
Money market deposits	Level 2		103,948		103,948		85,197		85,197
NOW accounts	Level 2		26,633		26,633		26,100		26,100
Time deposits	Level 2		287,963		288,630		282,001		280,538
Brokered deposits	Level 1		207,920		205,903		183,600		183,120
FHLB borrowings	Level 2		100,000		103,969		100,000		101,369
Senior notes	Level 2		11,815		11,632		11,778		11,293
Subordinated debt	Level 2		9,738		9,703		9,723		9,348
Junior subordinated debt owed to unconsolidated trust	Level 2		8,098		8,098		8,094		8,094
Note payable	Level 3		1,291		1,211		1,388		1,239
Accrued interest payable	Level 2		1,489		1,489		1,605		1,605
Contingent consideration liability	Level 3		86		86		707		707
Interest swap liability	Level 2		680		680		286		286
Financial liabilities, total		$	900,763		903,084		876,862		875,279

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

(In thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
June 30, 2019:
U. S. Government agency mortgage-backed securities	$	-		19,249		-		19,249
Corporate bonds		-		16,065		-		16,065
Subordinated notes		-		7,029		-		7,029
U.S. Treasury notes		-		1,496		-		1,496
Available-for-sale securities	$	-		43,839		-		43,839
Impaired PCI Loans, net		-		-		417		417
Contingent consideration liability		-		-		86		86
Interest swap receivable		-		680		-		680
Interest swap liability		-		680		-		680
December 31, 2018:
U. S. Government agency mortgage-backed securities	$	-		20,473		-		20,473
Corporate bonds		-		12,974		-		12,974
Subordinated notes		-		4,564		-		4,564
U.S. Treasury notes		-		1,485		-		1,485
Available-for-sale securities	$	-		39,496		-		39,496
Impaired PCI Loans, net		-		-		615		615
Contingent consideration liability		-		-		707		707
Interest swap receivable		-		286		-		286
Interest swap liability		-		286		-		286

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

(In thousands)	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
June 30, 2019:
Impaired loans, net	$	20,993	Real Estate Appraisals	Discount for appraisal type	8%	-	21%
Other Real Estate Owned		1,954	Real Estate Appraisals	Discount for appraisal type		14%
SBA Servicing Assets		156	Discounted Cash Flows	Market discount rates	14.73%	-	14.90%
December 31, 2018:
Impaired loans, net	$	19,673	Real Estate Appraisals	Discount for appraisal type	8%	-	21%
Other Real Estate Owned		2,945	Real Estate Appraisals	Discount for appraisal type		14%