Commitments and contingencies (Tables)

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]

At December 31, 2016 and 2015, the Company had outstanding the following approximate off-balance-sheet financial instruments whose contract amounts represent credit risk (in thousands):

	Contract		Contract
	Amount		Amount
	2016		2015
Undisbursed credit lines	$	55,315	$	46,656
Commitments to extend or originate credit		16,467		9,132
Standby letters of credit		4,397		1,484
Total commitments to extend credit	$	76,179	$	57,272