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Note 28 - Parent Company Financial Statements (Tables)
12 Months Ended
Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]

(Amounts in thousands)

 

2015

   

2014

 

Assets:

               

Cash

  $ 985     $ 335  

Investment in:

               

Bank subsidiary

    119,807       113,280  

Nonbank subsidiary

    310       310  

Other assets

    66       436  

Total Assets

  $ 121,168     $ 114,361  
                 

Liabilities and shareholders' equity:

               

Term debt:

               

Senior debt, net

  $ 9,902     $  

Subordinated debt, net

    9,792        

Junior subordinated debentures

    10,310       10,310  

Other liabilities

    642       449  

Total liabilities

    30,646       10,759  

Shareholders’ equity

    90,522       103,602  

Total liabilities and shareholders’ equity

  $ 121,168     $ 114,361  
Condensed Income Statement [Table Text Block]

(Amounts in thousands)

 

2015

   

2014

   

2013

 

Income:

                       

Other income

  $ 6     $ 482     $ 257  

Dividends from subsidiaries

    2,850       10,100       12,224  

Total income

    2,856       10,582       12,481  

Expenses:

                       

Management fees paid to subsidiaries

    229       208       254  

Other expenses

    604       2,082       678  

Total expenses

    833       2,290       932  
                         

Income before income taxes and equity in undistributed net income of subsidiaries

    2,023       8,292       11,549  

Income tax expense

    1       1       1  

Income before equity in undistributed net income of subsidiaries

    2,022       8,291       11,548  

Equity (deficit) in undistributed net income of subsidiaries

    6,564       (2,564 )     (3,613 )

Net income

  $ 8,586     $ 5,727     $ 7,935  

Less: Preferred stock extinguishment costs

    102              

Less: Preferred dividends

    189       200       200  

Income available to common shareholders

  $ 8,295     $ 5,527     $ 7,735  
Condensed Cash Flow Statement [Table Text Block]

(Amounts in thousands)

 

2015

   

2014

   

2013

 

Operating activities:

                       

Net income

  $ 8,586     $ 5,727     $ 7,935  
                         

Adjustments to reconcile net income to net cash provided by operating activities:

                       

Compensation associated with stock options

    1       1       1  

Gain on termination of debt

          (406 )      

(Deficit) equity in undistributed net income of subsidiaries

    (6,564 )     2,564       3,613  

Decrease (increase) other assets

    371       1,209       (257 )

Increase (decrease) other liabilities

    193       (11 )      

Net cash provided by operating activities

    2,587       9,084       11,292  
                         

Investing activities:

                       

Promissory note repayments

          292       1,230  

Proceeds from settlement of note to former mortgage subsidiary

          686        

Net cash provided by investing activities

          978       1,230  
                         

Financial activities:

                       

Advances of term debt

    20,000              

Repayment of term debt

    (83 )            

Debt issuance costs paid net of amortization

    (223 )            

Redemption of preferred stock

    (20,000 )            

Preferred stock extinguishment costs

    (33 )            

Cash dividends paid on preferred stock

    (189 )     (200 )     (347 )

Cash dividends paid on common stock

    (1,601 )     (1,626 )     (2,112 )

Proceeds from stock options exercised

    156       23       17  

Stock issued under employee/director purchase plan

    36       66        

Repayment of junior subordinated debentures

          (4,629 )      

Repurchase of common stock

          (4,562 )     (10,614 )

Net cash used in financing activities

    (1,937 )     (10,928 )     (13,056 )

Changes in cash and cash equivalents

    650       (866 )     (534 )

Cash and cash equivalents, beginning of year

    335       1,201       1,735  

Cash and cash equivalents, end of year

  $ 985     $ 335     $ 1,201