Note 3 - Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2015

Receivables [Abstract]

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

(Dollars In Thousands)	December 31,
	2015			2014
Construction:
Residential	$	11,779		$	10,019
Land acquisition, development & commercial		27,440			23,686
Real Estate:
Residential		100,268			86,269
Commercial		140,952			135,070
Commercial, industrial & agricultural		53,012			44,807
Equity lines		26,376			24,330
Consumer		7,531			7,498
Total loans	$	367,358		$	331,679
Less allowance for loan losses		(3,298	)		(3,332	)
Loans, net	$	364,060		$	328,347

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	$	−	$	−	$	−	$	−	$	11,779	$	11,779	$	−
Land acquisition, development & commercial		−		−		11		11		27,429		27,440		11
Real Estate:
Residential		297		−		50		347		99,921		100,268		−
Commercial		44		−		792		836		140,116		140,952		368
Commercial, industrial & agricultural		52		84		35		171		52,841		53,012		47
Equity lines		105		−		−		105		26,271		26,376		−
Consumer		−		−		−		−		7,531		7,531		−
Total	$	498	$	84	$	888	$	1,470	$	365,888	$	367,358	$	426

(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

Impaired Financing Receivables [Table Text Block]

December 31, 2015 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		247		247		–		255		13
Commercial		7,451		7,627		–		7,623		291
Commercial, industrial & agricultural		12		12		–		12		−
Equity lines		−		−		–		−		−
Consumer		−		−		–		−		−
Total loans with no allowance	$	7,710	$	7,886	$	–	$	7,890	$	304

December 31, 2015 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		127		127		17		135		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	127	$	127	$	17	$	135	$	−

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	$	–

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Loans modified as TDRs For the year ended December 31, 2015
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		260		255
Commercial, industrial, agricultural		—		—		12
Equity lines		—		—		—
Consumer		—		—		—
Total Loans		1	$	260	$	267

	Loans modified as TDRs 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