Note 20 - Condensed Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet [Table Text Block]

CONDENSED BALANCE SHEETS
Dollars In Thousands	December 31, 2013		December 31, 2012
Assets
Cash and due from banks	$	1,352	$	721
Investment in bank subsidiary		38,195		35,853
Other assets	–			145
Total assets	$	39,547	$	36,719
Liabilities and Stockholders’ Equity
Total liabilities	$	9	–
Stockholders’ equity:
Total stockholders’ equity		39,538		36,719
Total liabilities and stockholders’ equity	$	39,547	$	36,719

Condensed Income Statement [Table Text Block]

CONDENSED STATEMENTS OF INCOME
Dollars In Thousands	For the year ended December 31, 2013			For the year ended December 31, 2012
Expenses	$	(145	)	$	(140	)
Net loss before income taxes		(145	)		(140	)
Income tax benefit		49			49
Net loss before equity in undistributed net income of subsidiary		(96	)		(91	)
Undistributed net income of subsidiary		2,825			4,687
Net Income	$	2,729		$	4,596

Condensed Cash Flow Statement [Table Text Block]

CONDENSED STATEMENTS OF CASH FLOWS
Dollars In Thousands	For the year ended December 31, 2013			For the year ended December 31, 2012
Cash flows from operating activities:
Net income	$	2,729		$	4,596
Equity in undistributed net income of subsidiary bank		(2,825	)		(4,687	)
Decrease (increase) in other assets		145			(145	)
Increase in other liabilities		9		–
Net cash flows provided by (used in) operating activities		58			(236	)
Cash flows from investing activities:
Capital contribution to bank subsidiary		(1,500	)	–
Net cash flows used in investing activities		(1,500	)	–
Cash flows from financing activities:
Issuance of preferred stock net of issuance costs		13,293		–
Preferred stock redeemed		(10,374	)	–
Preferred dividend payment		(846	)		(1,335	)
Net cash flows provided by (used in) financing activities		2,073			(1,335	)
Net increase (decrease) in cash and cash equivalents		631			(1,571	)
Cash and cash equivalents, beginning		721			2,292
Cash and cash equivalents, ending	$	1,352		$	721