Note 11 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

(Dollars In Thousands)			Carrying value at December 31, 2015
Description	Balance as of December 31, 2015		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government agency securities	$	26,436	$	–	$	26,436	$	–
Mortgaged-backed securities		8,773		–		8,773		–
Municipal securities		17,335		–		17,335		–

(Dollars In Thousands)			Carrying value at December 31, 2014
Description	Balance as of December 31, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government agency securities	$	26,965	$	–	$	26,965	$	–
Mortgaged-backed securities		9,739		–		9,739		–
Municipal securities		17,899		–		17,899		–

Fair Value Measurements, Nonrecurring [Table Text Block]

(Dollars In Thousands)			Carrying value at December 31, 2015
Description	Balance as of December 31, 2015		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Impaired loans, net of valuation allowance	$	110	$	–	$	–	$	110
Loans held for sale		1,643		–		1,643		–
Other real estate owned		5,237		–		1,300		3,937

(Dollars In Thousands)			Carrying value at December 31, 2014
Description	Balance as of December 31, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Impaired loans, net of valuation allowance	$	–	$	–	$	–	$	–
Loans held for sale		242		–		242		–
Other real estate owned		6,986		–		3,255		3,731

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

(Dollars In Thousands)	Quantitative information about Level 3 Fair Value Measurements for December 31, 2015
Assets	Fair Value		Valuation Technique(s)	Unobservable input	Range (Weighted Average)
Impaired loans	$	110	Discounted appraised value	Selling cost	0%	-	0%	(0%)
				Discount for lack of marketability and age of appraisal	94.5%	-	94.5%	(94.5%)
Other real estate owned	$	1,735	Discounted appraised value	Selling cost	6%	-	6%	(6%)
				Discount for lack of marketability and age of appraisal	4%	-	9%	(8%)
	$	2,202	Internal evaluations	Internal evaluations	4%	-	39%	(21%)

(Dollars In Thousands)	Quantitative information about Level 3 Fair Value Measurements for December 31, 2014
Assets	Fair Value		Valuation Technique(s)	Unobservable input	Range (Weighted Average)
Impaired loans	$	–	Discounted appraised value	Selling cost	6%	-	6%	(6%)
				Discount for lack of marketability and age of appraisal	94%	-	94%	(94%)
Other real estate owned	$	1,458	Discounted appraised value	Selling cost	6%	-	6%	(6%)
				Discount for lack of marketability and age of appraisal	4%	-	4%	(4%)
	$	2,273	Internal evaluations	Internal evaluations	0%	-	33%	(11%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

(Dollars In Thousands)			Fair value at December 31, 2015
Description	Carrying value as of December 31, 2015		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Approximate Fair Values
Financial assets
Cash and due from banks	$	28,745	$	26,995	$	1,767	$	–	$	28,762
Federal funds sold		1,329		1,329		–		–		1,329
Securities available for sale		52,544		–		52,544		–		52,544
Restricted equity securities		2,535		–		2,535		–		2,535
Loans held for sale		1,643		–		1,643		–		1,643
Loans, net		364,060		–		–		362,440		362,440
Bank owned life insurance		6,285		–		6,285		–		6,285
Accrued income		2,057		–		2,057		–		2,057
Financial liabilities
Total deposits		399,546		–		400,117		–		400,117
FHLB borrowings		22,000		–		22,191		–		22,191
Subordinated notes		7,194		–		7,354		–		7,354
Other borrowings		2,361		–		2,361		–		2,361
Accrued interest payable		372		–		372		–		372

(Dollars In Thousands)			Fair value at December 31, 2014
Description	Carrying value as of December 31, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Approximate Fair Values
Financial assets
Cash and due from banks	$	13,795	$	11,794	$	2,012	$	–	$	13,806
Federal funds sold		649		649		–		–		649
Securities available for sale		54,603		–		54,603		–		54,603
Restricted equity securities		2,476		–		2,476		–		2,476
Loans held for sale		242		–		242		–		242
Loans, net		328,347		–		–		332,167		332,167
Bank owned life insurance		3,622		–		3,622		–		3,622
Accrued income		1,924		–		1,924		–		1,924
Financial liabilities
Total deposits		362,595		–		350,418		–		350,418
FHLB borrowings		20,000		–		20,356		–		20,356
Other borrowings		422		–		422		–		422
Accrued interest payable		272		–		272		–		272