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Note 5 - Foreclosed Properties (Tables)
12 Months Ended
Dec. 31, 2015
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

  $ 7,408     $ (422 )   $ 6,986  

Additions

                 

Writedowns

          (346 )     (346 )

Sales

    (1,751 )     348       (1,403 )

Balance at the end of the year

  $ 5,657     $ (420 )   $ 5,237  

(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  
Schedule of Real Estate Properties [Table Text Block]

(Dollars In Thousands)

 

2015

   

2014

 

Residential lots

  $ 2,520     $ 3,023  

Residential development

    423       423  

Commercial lots

    90       1,076  

Commercial buildings

    2,204       2,464  

Total Other Real Estate Owned

  $ 5,237     $ 6,986  

(Dollars In Thousands)

 

2015

   

2014

 

Net (gain) loss on sales

  $     $ (10 )

Provision for unrealized losses

    346        

Operating expenses

    151       224  

Total Other Real Estate Owned

  $ 497     $ 214