Note 3 - Loans Receivable (Tables)

3 Months Ended

Mar. 31, 2016

Receivables [Abstract]

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

(Dollars In Thousands)	March 31, 2016			December 31, 2015
Construction loans:
Residential	$	10,983		$	11,779
Land acquisition, development & commercial		30,167			27,440
Real estate:
Residential		105,055			100,268
Commercial		147,561			140,952
Commercial, industrial & agricultural		52,913			53,012
Equity lines		26,954			26,376
Consumer		7,430			7,531
Total		381,063			367,358
Less allowance for loan losses		(3,347	)		(3,298	)
Loans, net	$	377,716		$	364,060

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 loans:
Residential	$	−	$	−	$	−	$	−	$	10,983	$	10,983	$	−
Land acquisition, development & commercial		−		−		10		10		30,157		30,167		10
Real estate:
Residential		495		815		−		1,310		103,745		105,055		−
Commercial		−		−		−		−		147,561		147,561		360
Commercial, industrial & agricultural		167		−		34		201		52,712		52,913		45
Equity lines		−		98		305		403		26,551		26,954		−
Consumer		2		−		−		2		7,428		7,430		−
Total	$	664	$	913	$	349	$	1,926	$	379,137	$	381,063	$	415

(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

Impaired Financing Receivables [Table Text Block]

March 31, 2016 With no related allowance: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	−	$	−	$	−	$	−	$	−
Land acquisition, development & commercial		−		−		−		−		−
Real estate:
Residential		195		195		−		213		5
Commercial		7,476		7,652		−		7,481		74
Commercial, industrial & agricultural		12		12		−		12		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with no allowance	$	7,683	$	7,859	$	−	$	7,706	$	79

March 31, 2016 With an allowance recorded: (Dollars In Thousands)	Recorded Investment in Loans		Unpaid Principal Balance		Related Allowance		Average Balance Total Loans		Interest Income Recognized
Construction loans:
Residential	$	−	$	−	$	−	$	−	$	−
Land acquisition, development & commercial		−		−		−		−		−
Real estate:
Residential		−		−		−		−		−
Commercial		124		124		17		127		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	124	$	124	$	17	$	127	$	−

December 31, 2015	Recorded		Unpaid				Average		Interest
With no related allowance:	Investment		Principal		Related		Balance		Income
(Dollars In Thousands)	in Loans		Balance		Allowance		Total Loans		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	Recorded		Unpaid				Average		Interest
With an allowance recorded:	Investment		Principal		Related		Balance		Income
(Dollars In Thousands)	in Loans		Balance		Allowance		Total Loans		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	$	−

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Loans modified as TDR's For the three months ended March 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