Note 16 - Fair Values (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

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

			Fair Value Measurements at December 31, 201 8 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities
U.S. Government and federal agency	$	22,560	$	—	$	22,560	$	—
Agency mortgage-backed: residential		85,990		—		85,990		—
Collateralized loan obligations		49,839		—		49,839		—
State and municipal		32,812		—		32,812		—
Corporate bonds		9,991		—		9,991		—
Total	$	201,192	$	—	$	201,192	$	—

			Fair Value Measurements at December 31, 201 7 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities
U.S. Government and federal agency	$	21,624	$	—	$	21,624	$	—
Agency mortgage-backed: residential		64,965		—		64,965		—
Collateralized loan obligations		25,505		—		25,505		—
State and municipal		33,710		—		33,710		—
Corporate bonds		6,916		—		6,916		—
Total	$	152,720	$	—	$	152,720	$	—

			Fair Value Measurements at December 31, 201 8 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired lo ans :
Commercial	$	—	$	—	$	—	$	—
Commercial real estate:
Construction		—		—		—		—
Farmland		—		—		—		—
Nonfarm nonresidential		124		—		—		124
Residential real estate:
Multi-family		—		—		—		—
1-4 Family		552		—		—		552
Consumer		—		—		—		—
Agriculture		—		—		—		—
Other		—		—		—		—
Other real estate owned, net :
Commercial real estate:
Construction		3,485		—		—		3,485
Farmland		—		—		—		—
Nonfarm nonresidential		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—
1-4 Family		—		—		—		—

			Fair Value Measurements at December 31, 201 7 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired loans:
Commercial	$	87	$	—	$	—	$	87
Commercial real estate:
Construction		—		—		—		—
Farmland		—		—		—		—
Nonfarm nonresidential		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—
1-4 Family		957		—		—		957
Consumer		—		—		—		—
Agriculture		—		—		—		—
Other		—		—		—		—
Other real estate owned, net :
Commercial real estate:
Construction		4,335		—		—		4,335
Farmland		74		—		—		74
Nonfarm nonresidential		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—
1-4 Family		—		—		—		—

Fair Value Assets Measured on Nonrecurring Basis Unobservable Input Reconciliation [Table Text Block]

	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
	(in thousands)
Impaired loans – Residential real estate	$	552	Sales comparison approach	Adjustment for differences between the comparable sales	0%	-	26%	(11%)
Other real estate owned – Commercial real estate	$	3,485	Sales comparison approach	Adjustment for differences between the comparable sales	0%	-	35%	(18%)
			Income approach	Discount or capitalization rate	25%		(25%)

	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
	(in thousands)
Impaired loans – Residential real estate	$	957	Sales comparison approach	Adjustment for differences between the comparable sales	0%	-	26%	(9%)
Other real estate owned – Commercial real estate	$	4,409	Sales comparison approach	Adjustment for differences between the comparable sales	0%	-	35%	(18%)
			Income approach	Discount or capitalization rate	25%		(25%)

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

			Fair Value Measurements at December 31, 201 8 Using
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets
Cash and cash equivalents	$	35,361	$	35,361	$	—	$	—	$	35,361
Securities available for sale		201,192		—		201,192		—		201,192
Federal Home Loan Bank stock		7,233		N/A		N/A		N/A		N/A
Loans, net		756,364		—		—		744,076		744,076
Accrued interest receivable		3,665		—		1,222		2,443		3,665
Financial liabilities
Deposits	$	894,231	$	142,618	$	750,015	$	—	$	892,633
Federal Home Loan Bank advances		46,549		—		46,519		—		46,519
Junior subordinated debentures		21,000		—		—		16,226		16,226
Senior debt		10,000		—		—		9,585		9,585
Accrued interest payable		658		—		598		60		658

			Fair Value Measurements at December 31, 2017 Using
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets
Cash and cash equivalents	$	34,103	$	34,103	$	—	$	—	$	34,103
Securities available for sale		152,720		—		152,720		—		152,720
Federal Home Loan Bank stock		7,323		N/A		N/A		N/A		N/A
Loans held for sale		70		—		70		—		70
Loans, net		703,913		—		—		703,263		703,263
Accrued interest receivable		3,136		—		925		2,211		3,136
Financial liabilities
Deposits	$	847,024	$	137,386	$	693,320	$	—	$	830,706
Federal Home Loan Bank advances		11,797		—		11,799		—		11,799
Subordinated capital notes		2,250		—		—		2,246		2,246
Junior subordinated debentures		21,000		—		—		19,090		19,090
Senior debt		10,000		—		—		10,000		10,000
Accrued interest payable		1,475		—		357		1,118		1,475