Note 3 - Loans Receivable (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

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

(Dollars In Thousands)	June 30, 2016			December 31, 2015
Construction loans:
Residential	$	12,472		$	11,779
Land acquisition, development & commercial		21,057			27,440
Real estate:
Residential		106,622			100,268
Commercial		160,901			140,952
Commercial, industrial & agricultural		55,719			53,012
Equity lines		29,235			26,376
Consumer		7,662			7,531
Total		393,668			367,358
Less allowance for loan losses		(3,449	)		(3,298	)
Loans, net	$	390,219		$	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	$	−	$	−	$	−	$	−	$	12,472	$	12,472	$	−
Land acquisition, development & commercial		−		−		8		8		21,049		21,057		8
Real estate:
Residential		-		225		577		802		105,820		106,622		577
Commercial		571		1,298		−		1,869		159,032		160,901		1,652
Commercial, industrial & agricultural		33		−		−		33		55,686		55,719		11
Equity lines		−		106		−		106		29,129		29,235		−
Consumer		26		2		−		28		7,634		7,662		−
Total	$	630	$	1,631	$	585	$	2,846	$	390,822	$	393,668	$	2,248

(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]

June 30, 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		771		771		−		494		(17	)
Commercial		8,707		9,488		−		8,412		173
Commercial, industrial & agricultural		12		12		−		12		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with no allowance	$	9,490	$	10,271	$	−	$	8,918	$	156

June 30, 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		122		122		17		125		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	122	$	122	$	17	$	125	$	−

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	$	−

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Loans modified as TDR's For the six months ended June 3 0 , 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