Note 2 - Investment Securities (Tables)

3 Months Ended

Mar. 31, 2017

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

(Dollars In Thousands)	March 31, 2017
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U. S. Government agency securities	$	11,814	$	107	$	(71	)	$	11,850
Mortgage-backed securities and CMO’s		21,523		55		(261	)		21,317
Corporate securities		5,000		118		–			5,118
Municipal securities		13,843		237		(206	)		13,874
	$	52,180	$	517	$	(538	)	$	52,159

(Dollars In Thousands)	December 31, 201 6
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
U. S. Government agency securities	$	12,422	$	118	$	(96	)	$	12,444
Mortgage-backed securities and CMO ’s		19,979		54		(265	)		19,768
Corporate securities		5,000		66		-			5,066
Municipal securities		15,659		266		(228	)		15,697
	$	53,060	$	504	$	(589	)	$	52,975

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2017
	Less than 12 months					12 months or more					Total
(Dollars In Thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U. S. Government agency securities	$	3,706	$	(28	)	$	2,702	$	(43	)	$	6,408	$	(71	)
Mortgage-backed securities and CMO’s		18,270		(257	)		161		(4	)		18,431		(261	)
Municipal securities		5,502		(191	)		659		(15	)		6,161		(206	)
	$	27,478	$	(476	)	$	3,522	$	(62	)	$	31,000	$	(538	)

	December 31, 201 6
	Less than 12 months					12 months or more					Total
(Dollars In Thousands)	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Government agency securities	$	3,492	$	(32	)	$	3,491	$	(64	)	$	6,983	$	(96	)
Mortgage-backed securities and CMO ’s		14,232		(235	)		1,474		(30	)		15,706		(265	)
Corporate securities		500		-			-		-			500		-
Municipal securities		6,967		(223	)		262		(5	)		7,229		(228	)
	$	25,191	$	(490	)	$	5,227	$	(99	)	$	30,418	$	(589	)

Investments Classified by Contractual Maturity Date [Table Text Block]

(Dollars In Thousands)	Amortized Cost		Fair Value
One year or less	$	351	$	353
Over one through five years		1,598		1,613
Over five through ten years		15,813		15,916
Greater than 10 years		34,418		34,277
	$	52,180	$	52,159