Note 29 - Quarterly Financial Information (Unaudited

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

NOTE 29. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

The following tables present the summary of results for the eight quarters ended December 31, 2015.

2015

	March 31,		June 30,		September 30,		December 31,		Four
(Amounts in thousands, except for share information)	2015		2015		2015		2015		Quarters
Net interest income	$	8,369	$	8,595	$	8,455	$	8,351	$	33,770
Provision for loan and lease losses		—		—		—		—		—
Noninterest income		854		881		808		640		3,183
Noninterest expense		6,593		6,122		5,574		6,616		24,905
Income before provision for income tax		2,630		3,354		3,689		2,375		12,048
Provision for income tax		829		964		1,164		505		3,462
Net income	$	1,801	$	2,390	$	2,525	$	1,870	$	8,586
Less: preferred stock accretion and extinguishment costs		—		—		—		102		102
Less: preferred dividend on preferred stock		50		50		50		39		189
Income available to common shareholders	$	1,751	$	2,340	$	2,475	$	1,729	$	8,295
Earnings per share - basic	$	0.13	$	0.18	$	0.18	$	0.13	$	0.62
Weighted average shares - basic		13,303		13,338		13,340		13,341		13,331
Earnings per share - diluted	$	0.13	$	0.18	$	0.18	$	0.13	$	0.62
Weighted average shares - diluted		13,340		13,370		13,377		13,395		13,365

2014

	March 31,		June 30,		September 30,		December 31,			Four
(Amounts in thousands, except for share information)	2014		2014		2014		2014			Quarters
Net interest income	$	8,173	$	8,190	$	7,948	$	8,290		$	32,601
Provision for loan and lease losses		—		1,450		1,050		675			3,175
Noninterest income		364		2,136		671		1,144			4,315
Noninterest expense		7,640		5,851		5,771		7,172			26,434
Income before provision for income tax		897		3,025		1,798		1,587			7,307
Provision for income tax		332		819		525		(96	)		1,580
Net income	$	565	$	2,206	$	1,273	$	1,683		$	5,727
Less: preferred dividend and accretion on preferred stock		50		50		50		50			200
Income available to common shareholders	$	515	$	2,156	$	1,223	$	1,633		$	5,527
Earnings per share - basic	$	0.04	$	0.16	$	0.09	$	0.12		$	0.41
Weighted average shares - basic		13,942		13,378		13,294		13,295			13,475
Earnings per share - diluted	$	0.04	$	0.16	$	0.09	$	0.12		$	0.41
Weighted average shares - diluted		13,987		13,426		13,339		13,335			13,520