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Note 5 - Foreclosed Properties (Tables)
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Forclosed Properties [Table Text Block]

(Dollars In Thousands)

 

Other Real

Estate Owned

   

Valuation

Allowance

   

Net

 

Balance at the beginning of the year

  $ 9,078     $ (935 )   $ 8,143  

Additions

    1,520             1,520  

Writedowns

                 

Sales

    (1,618 )     422       (1,196 )

Transfer to fixed assets

    (1,572 )     91       (1,481 )

Balance at the end of the year

  $ 7,408     $ (422 )   $ 6,986  

(Dollars In Thousands)

 

Other Real

Estate Owned

   

Valuation

Allowance

   

Net

 

Balance at the beginning of the year

  $ 9,513     $ (575 )   $ 8,938  

Additions

    1,613             1,613  

Writedowns

          (608 )     (608 )

Sales

    (2,048 )     248       (1,800 )

Balance at the end of the year

  $ 9,078     $ (935 )   $ 8,143  
Schedule of Real Estate Properties [Table Text Block]

(Dollars In Thousands)

 

2014

   

2013

 

Residential lots

  $ 3,023     $ 3,472  

Residential development

    423        

Commercial lots

    1,076       1,076  

Commercial buildings

    2,464       3,595  

Total Other Real Estate Owned

  $ 6,986     $ 8,143  

(Dollars In Thousands)

 

2014

   

2013

 

Net gain on sales

  $ (10 )   $ (26 )

Provision for unrealized losses

          608  

Operating expenses

    224       250  

Total Other Real Estate Owned

  $ 214     $ 832