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Note 10 - Federal Funds Purchased and Lines of Credit
9 Months Ended
Sep. 30, 2015
Banking and Thrift [Abstract]  
Banking and Thrift Disclosure [Text Block]

NOTE 10. FEDERAL FUNDS PURCHASED AND LINES OF CREDIT


At September 30, 2015 and December 31, 2014, the Company had no outstanding federal funds purchased balances. At September 30, 2015, the Bank had available lines of credit with the Federal Home Loan Bank of San Francisco totaling $221.9 million and the Bank had available lines of credit with the Federal Reserve totaling $23.0 million subject to certain collateral requirements, namely the amount of certain pledged loans.


The Bank had uncommitted federal funds line of credit agreements with three financial institutions totaling $40.0 million at September 30, 2015. If the Bank had borrowed from these lines at September 30, 2015, interest rates would have ranged from 0.30% to 1.20%. Availability of the lines is subject to federal funds balances available for loan and continued borrower eligibility. The lines are reviewed and renewed periodically throughout the year, and are intended to support short-term liquidity needs. The agreements may restrict consecutive day usage.