Note 3 - Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2014

Receivables [Abstract]

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

(Dollars In Thousands)	December 31,
	2014			2013
Construction:
Residential	$	10,019		$	6,768
Land acquisition, development & commercial		23,686			20,904
Real Estate:
Residential		86,269			72,934
Commercial		135,070			126,100
Commercial, industrial & agricultural		44,807			42,155
Equity lines		24,330			20,374
Consumer		7,498			8,698
Total loans	$	331,679		$	297,933
Less allowance for loan losses		(3,332	)		(3,721	)
Loans, net	$	328,347		$	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:
Residential	$	−	$	−	$	−	$	−	$	10,019	$	10,019	$	−
Land acquisition, development & commercial		−		−		−		−		23,686		23,686		−
Real Estate:
Residential		−		381		261		642		85,627		86,269		475
Commercial		−		85		−		85		134,985		135,070		758
Commercial, industrial & agricultural		96		−		−		96		44,711		44,807		−
Equity lines		105		−		−		105		24,225		24,330		−
Consumer		10		36		−		46		7,452		7,498		21
Total	$	211	$	502	$	261	$	974	$	330,705	$	331,679	$	1,254

(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:
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]

December 31, 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:
Residential	$	−	$	−	$	–	$	−	$	−
Land acquisition, development & commercial		−		−		–		−		−
Real Estate:
Residential		525		700		–		605		12
Commercial		7,507		7,507		–		8,563		289
Commercial, industrial & agricultural		−		−		–		−		−
Equity lines		−		−		–		−		−
Consumer		−		−		–		−		−
Total loans with no allowance	$	8,032	$	8,207	$	–	$	9,168	$	301

December 31, 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:
Residential	$	−	$	−	$	−	$	−	$	−
Land acquisition, development & commercial		−		−		−		−		−
Real Estate:
Residential		−		−		−		−		−
Commercial		141		141		141		153		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	141	$	141	$	141	$	153	$	−

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:
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:
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 year ended December 31, 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