Note 3 - Loans Receivable (Tables)

9 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(Dollars In Thousands)	September 30, 2014			December 31, 2013
Construction loans:
Residential	$	10,517		$	6,768
Land acquisition, development & commercial		22,149			20,904
Real estate:
Residential		82,519			72,934
Commercial		132,691			126,100
Commercial, industrial & agricultural		39,762			42,155
Equity lines		23,523			20,374
Consumer		8,203			8,698
Total		319,364			297,933
Less allowance for loan losses		(3,522	)		(3,721	)
Loans, net	$	315,842		$	294,212

Past Due Financing Receivables [Table Text Block]

(Dollars In Thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		Nonaccrual Loans
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	10,517	$	10,517	$	-
Land acquisition, development & commercial		-		-		-		-		22,149		22,149		-
Real estate:
Residential		141		-		480		621		81,898		82,519		480
Commercial		-		-		152		152		132,539		132,691		784
Commercial, industrial & agricultural		20		-		10		30		39,732		39,762		10
Equity lines		180		-		-		180		23,343		23,523		-
Consumer		1		37		-		38		8,165		8,203		24
Total	$	342	$	37	$	642	$	1,021	$	318,343	$	319,364	$	1,298

(Dollars In Thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		Nonaccrual Loans
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	6,768	$	6,768	$	-
Land acquisition, development & commercial		-		-		-		-		20,904		20,904		-
Real estate:
Residential		-		-		931		931		72,003		72,934		707
Commercial		-		-		-		-		126,100		126,100		-
Commercial, industrial & agricultural		270		44		36		350		41,805		42,155		193
Equity lines		203		-		59		262		20,112		20,374		59
Consumer		16		-		30		46		8,652		8,698		30
Total	$	489	$	44	$	1,056	$	1,589	$	296,344	$	297,933	$	989

Impaired Financing Receivables [Table Text Block]

September 30, 2014 With no related allowance: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	-
Land acquisition, development & commercial		1,282		1,282		-		1,346		49
Real estate:
Residential		480		656		-		480		8
Commercial		9,461		9,461		-		10,680		351
Commercial, industrial & agricultural		495		495		-		498		21
Equity lines		-		-		-		-		-
Consumer		-		-		-		-		-
Total loans with no allowance	$	11,718	$	11,894	$	-	$	13,004	$	429

September 30, 2014 With an allowance recorded: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	-
Land acquisition, development & commercial		-		-		-		-		-
Real estate:
Residential		-		-		-		-		-
Commercial		152		152		146		153		3
Commercial, industrial & agricultural		-		-		-		-		-
Equity lines		-		-		-		-		-
Consumer		-		-		-		-		-
Total loans with an allowance	$	152	$	152	$	146	$	153	$	3

December 31, 2013 With no related allowance: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	-
Land acquisition, development & commercial		1,550		1,550		-		1,550		67
Real estate:
Residential		412		412		-		415		18
Commercial		9,266		9,266		-		9,365		442
Commercial, industrial & agricultural		283		283		-		733		46
Equity lines		-		-		-		-		-
Consumer		-		-		-		-		-
Total loans with no allowance	$	11,511	$	11,511	$	-	$	12,063	$	573

December 31, 2013 With an allowance recorded: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	-	$	-	$	-	$	-	$	-
Land acquisition, development & commercial		-		-		-		-		-
Real estate:
Residential		438		438		163		439		16
Commercial		-		-		-		-		-
Commercial, industrial & agricultural		41		41		10		34		1
Equity lines		-		-		-		-		-
Consumer		-		-		-		-		-
Total loans with an allowance	$	479	$	479	$	173	$	473	$	17

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Loans modified as TDR's For the nine months ended September 30, 2014
Class of Loan	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
			(Dollars in Thousands)
Construction loans:
Residential		-	$	-	$	-
Land acquisition, development & commercial		-		-		-
Real estate loans:
Residential		-		-		-
Commercial		1		1,932		632
Commercial, industrial, agricultural		-		-		-
Equity lines		-		-		-
Consumer		-		-		-
Total Loans		1	$	1,932	$	632