Note 13 - Income Taxes - (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2018			2017		2016
	(Dollars in thousands)
Provision for Current Taxes - Federal	$	3,681		$	977	$	660
Provision (Credit) for Deferred Taxes		(402	)		1,458		953
Adjustment to Deferred Taxes for Enactment of 21%
Federal Statutory Rate on December 22, 2017		-			1,668		-
Total Provision for Income Taxes	$	3,279		$	4,103	$	1,613

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2018			2017			2016
	(Dollars in thousands)
Federal Statutory Income Tax	$	3,648		$	3,043		$	2,286
Tax Exempt Income		(512	)		(701	)		(708	)
Adjustment to Deferred Taxes for Enactment of 21%
Federal Statutory Rate on December 22, 2017		-			1,668			-
Other - Net		143			93			35
Total Provision for Income Taxes	$	3,279		$	4,103		$	1,613

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2018			2017
	(Dollars in thousands)
Allowance for Loan Losses	$	2,356		$	1,841
Acquried Loans Fair Market Value Adjustment		1,397			470
Acquired Securities Difference in Basis		(241	)		(450	)
Amortization of Start-Up Costs		17			26
Stock Warrants and Options		718			693
Depreciation		(517	)		(476	)
Interest on Acquired Nonaccrual Loans		-			25
Unrealized Loss on Securities		922			437
Other Real Estate		55			35
Core Deposit Intangible		(1,656	)		(421	)
Deposit Premium		67			-
Deferred Compensation		548			473
Alternative Minimum Tax Credit		193			310
Branch Closures		(47	)		-
Net Operating Loss Carryforward		36			42
Net Deferred Tax Asset	$	3,848		$	3,005