Note 3 - Loans Receivable (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

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

(Dollars In Thousands)	June 30 , 2017			December 31, 2016
Construction loans:
Residential	$	9,990		$	10,204
Land acquisition, development & commercial		31,778			27,480
Real estate:
Residential		113,434			111,626
Commercial		180,121			172,248
Commercial, industrial & agricultural		61,404			59,702
Equity lines		30,519			29,956
Consumer		7,200			7,668
Overdrafts		55			107
Total		434,501			418,991
Less allowance for loan losses		(3,700	)		(3,636	)
Loans, net	$	430,801		$	415,355

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	$	−	$	−	$	−	$	−	$	9,990	$	9,990	$	−
Land acquisition, development & commercial		241		−		−		241		31,537		31,778		−
Real estate:
Residential		1,183		190		577		1,950		111,484		113,434		577
Commercial		817		−		−		817		179,304		180,121		2,748
Commercial, industrial & agricultural		45		16		10		71		61,388		61,459		27
Equity lines		225		104		−		329		30,190		30,519		−
Consumer		30		-		7		37		7,163		7,200		−
Total	$	2,541	$	310	$	594	$	3,445	$	431,056	$	434,501	$	3,352

(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	$	−	$	−	$	−	$	−	$	10,204	$	10,204	$	−
Land acquisition, development & commercial		−		−		−		−		27,480		27,480		−
Real Estate:
Residential		672		193		577		1,442		110,184		111,626		577
Commercial		115		−		−		115		172,133		172,248		336
Commercial, industrial & agricultural		60		33		−		93		59,716		59,809		11
Equity lines		258		−		−		258		29,698		29,956		−
Consumer		8		6		4		18		7,650		7,668		−
Total	$	1,113	$	232	$	581	$	1,926	$	417,065	$	418,991	$	924

Impaired Financing Receivables [Table Text Block]

June 30 , 2017 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		767		767		−		768		11
Commercial		6,593		6,769		−		7,053		80
Commercial, industrial & agricultural		27		27		−		28		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with no allowance	$	7,387	$	7,563	$	−	$	7,849	$	91

June 30 , 2017 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		108		108		17		112		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	108	$	108	$	17	$	112	$	−

December 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:
Residential	$	−	$	−	$	–	$	−	$	−
Land acquisition, development & commercial		−		−		–		−		−
Real Estate:
Residential		770		770		–		629		(11	)
Commercial		6,380		6,556		–		6,521		255
Commercial, industrial & agricultural		11		11		–		11		−
Equity lines		−		−		–		−		−
Consumer		−		−		–		−		−
Total loans with no allowance	$	7,161	$	7,337	$	–	$	7,161	$	244

December 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:
Residential	$	−	$	−	$	−	$	−	$	−
Land acquisition, development & commercial		−		−		−		−		−
Real Estate:
Residential		−		−		−		−		−
Commercial		115		115		17		122		−
Commercial, industrial & agricultural		−		−		−		−		−
Equity lines		−		−		−		−		−
Consumer		−		−		−		−		−
Total loans with an allowance	$	115	$	115	$	17	$	122	$	−

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

(Dollars in Thousands)	Loans modified as TDR's For the six months ended June 30 , 2017
Class of Loan	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
Construction loans:
Residential		—	$	—	$	—
Land acquisition, development & commercial		—		—		—
Real estate loans:
Residential		—		—		—
Commercial		1		218		218
Commercial, industrial, agricultural		—		11		29
Equity lines		—		—		—
Consumer		—		—		—
Total Loans		1	$	229	$	247