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Note 5 - Loans (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Outstanding Loan Balances [Table Text Block]
 
 
As of
 
(Amounts in thousands)
 
December 31,
 
Loan Portfolio
 
2016
 
 
2015
 
Commercial
   $
153,844
     $
132,805
  
Commercial real estate:
                
Real estate – construction and land development
    
57,771
      
28,319
  
Real estate – commercial non-owner occupied
    
287,455
      
243,374
  
Real estate – commercial owner occupied
    
151,516
      
156,299
  
Residential real estate:
                
Real estate – residential - Individual Tax Identification Number ("ITIN")
   
45,566
      
49,106
  
Real estate – residential - 1-4 family mortgage
    
12,866
      
13,640
  
Real estate – residential - equity lines
    
43,512
      
43,223
  
Consumer and other
    
51,681
      
49,873
  
Gross loans
    
804,211
      
716,639
  
Deferred fees and costs
    
1,324
      
870
  
Loans, net of deferred fees and costs
    
805,535
      
717,509
  
Allowance for loan and lease losses
    
(11,544
 )    
(11,180
 )
Net loans
   $
793,991
     $
706,329
  
Past Due Financing Receivables [Table Text Block]
 
 
 
 
 
 
 
 
 
 
Greater
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded
 
(Amounts in thousands)
 
30-59
 
 
60-89
 
 
Than 90
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment >
 
Past Due Loans at
 
Days Past
 
 
Days Past
 
 
Days Past
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
90 Days and
 
December 31, 2016
 
Due
 
 
Due
 
 
Due
 
 
Due
 
 
Current
 
 
Total
 
 
Accruing
 
Commercial
   $
51
     $
—
     $
—
     $
51
     $
153,793
     $
153,844
     $
—
  
Commercial real estate:
                                                        
Real estate - construction and land development
    
—
      
—
      
—
      
—
      
57,771
      
57,771
      
—
  
Real estate - commercial non-owner occupied
    
—
      
—
      
1,196
      
1,196
      
286,259
      
287,455
      
—
  
Real estate - commercial owner occupied
    
—
      
—
      
114
      
114
      
151,402
      
151,516
      
—
  
Residential real estate:
                                                        
Real estate - residential - ITIN
    
567
      
80
      
1,149
      
1,796
      
43,770
      
45,566
      
—
  
Real estate - residential - 1-4 family mortgage
    
147
      
—
      
856
      
1,003
      
11,863
      
12,866
      
—
  
Real estate - residential - equity lines
    
68
      
36
      
48
      
152
      
43,360
      
43,512
      
—
  
Consumer and other
    
166
      
70
      
11
      
247
      
51,434
      
51,681
      
—
  
Total
   $
999
     $
186
     $
3,374
     $
4,559
     $
799,652
     $
804,211
     $
—
  
 
 
 
 
 
 
 
 
 
 
Greater
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recorded
 
(Amounts in thousands)
 
30-59
 
 
60-89
 
 
Than 90
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment >
 
Past Due Loans at
 
Days Past
 
 
Days Past
 
 
Days Past
 
 
Total Past
 
 
 
 
 
 
 
 
 
 
90 Days and
 
December 31, 2015
 
Due
 
 
Due
 
 
Due
 
 
Due
 
 
Current
 
 
Total
 
 
Accruing
 
Commercial
   $
—
     $
30
     $
634
     $
664
     $
132,141
     $
132,805
     $
—
  
Commercial real estate:
                                                        
Real estate - construction and land development
    
—
      
—
      
—
      
—
      
28,319
      
28,319
      
—
  
Real estate - commercial non-owner occupied
    
64
      
—
      
5,665
      
5,729
      
237,645
      
243,374
      
—
  
Real estate - commercial owner occupied
    
—
      
—
      
1,071
      
1,071
      
155,228
      
156,299
      
—
  
Residential real estate:
                                                        
Real estate - residential - ITIN
    
1,018
      
118
      
850
      
1,986
      
47,120
      
49,106
      
—
  
Real estate - residential - 1-4 family mortgage
    
—
      
404
      
871
      
1,275
      
12,365
      
13,640
      
—
  
Real estate - residential - equity lines
    
137
      
97
      
—
      
234
      
42,989
      
43,223
      
—
  
Consumer and other
    
150
      
50
      
88
      
288
      
49,585
      
49,873
      
88
  
Total
   $
1,369
     $
699
     $
9,179
     $
11,247
     $
705,392
     $
716,639
     $
88
  
Impaired Financing Receivables [Table Text Block]
 
 
As of December 31, 2016
 
 
 
 
 
 
 
Unpaid
 
 
 
 
 
(Amounts in thousands)
 
Recorded
 
 
Principal
 
 
Related
 
Impaired Loans
 
Investment
 
 
Balance
 
 
Allowance
 
With no related allowance recorded:
                        
Commercial
  $
1,573
     $
2,438
     $
—
  
Commercial real estate:
                        
Real estate - commercial non-owner occupied
    
1,196
      
1,196
      
—
  
Real estate - commercial owner-occupied
    
784
      
841
      
—
  
Residential real estate:
                        
Real estate - residential - ITIN
    
6,047
      
7,685
      
—
  
Real estate - residential - 1-4 family mortgage
    
1,914
      
2,722
      
—
  
Real estate - residential - equity lines
    
917
      
1,342
      
—
  
Consumer and other
    
210
      
216
      
—
  
Total with no related allowance recorded
   $
12,641
     $
16,440
     $
—
  
                         
With an allowance recorded:
                        
Commercial
  $
1,952
     $
1,957
     $
641
  
Commercial real estate:
                        
Real estate - commercial non-owner occupied
    
808
      
808
      
21
  
Real estate - commercial owner-occupied
    
337
      
337
      
64
  
Residential real estate:
                        
Real estate - residential - ITIN
    
2,562
      
2,617
      
494
  
Real estate - residential - equity lines
    
454
      
454
      
227
  
Consumer and other
    
40
      
40
      
14
  
Total with an allowance recorded
   $
6,153
     $
6,213
     $
1,461
  
                         
By loan class:
                        
Commercial
   $
3,525
     $
4,395
     $
641
  
Commercial real estate
    
3,125
      
3,182
      
85
  
Residential real estate
    
11,894
      
14,820
      
721
  
Consumer and other
    
250
      
256
      
14
  
Total impaired loans
   $
18,794
     $
22,653
     $
1,461
  
 
 
As of December 31, 2015
 
 
 
 
 
 
 
Unpaid
 
 
 
 
 
(Amounts in thousands)
 
Recorded
 
 
Principal
 
 
Related
 
Impaired Loans
 
Investment
 
 
Balance
 
 
Allowance
 
With no related allowance recorded:
                        
Commercial
  $
1,282
     $
1,519
     $
—
  
Commercial real estate:
                        
Real estate - commercial non-owner occupied
    
5,488
      
6,226
      
—
  
Real estate - commercial owner-occupied
    
1,071
     $
1,794
      
—
  
Residential real estate:
                        
Real estate - residential - ITIN
    
7,063
      
8,662
      
—
  
Real estate - residential - 1-4 family mortgage
    
1,775
      
2,775
      
—
  
Real estate - residential - equity lines
    
142
      
142
      
—
  
Total with no related allowance recorded
   $
16,821
     $
21,118
     $
—
  
                         
With an allowance recorded:
                        
Commercial
  $
761
     $
820
     $
122
  
Commercial real estate:
                        
Real estate - commercial non-owner occupied
    
824
      
824
      
35
  
Real estate - commercial owner-occupied
    
350
      
350
      
62
  
Residential real estate:
                        
Real estate - residential - ITIN
    
2,044
      
2,089
      
321
  
Real estate - residential - equity lines
    
558
      
558
      
279
  
Consumer and other
    
32
      
32
      
13
  
Total with an allowance recorded
   $
4,569
     $
4,673
     $
832
  
                         
By loan class:
                        
Commercial
   $
2,043
     $
2,339
     $
122
  
Commercial real estate
    
7,733
      
9,194
      
97
  
Residential real estate
    
11,582
      
14,226
      
600
  
Consumer and other
    
32
      
32
      
13
  
Total impaired loans
   $
21,390
     $
25,791
     $
832
  
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]
 
 
As of
 
(Amounts in thousands)
 
December 31,
 
Nonaccrual Loans
 
2016
 
 
2015
 
Commercial
   $
2,749
     $
1,994
  
Commercial real estate:
                
Real estate - commercial non-owner occupied
    
1,196
      
5,488
  
Real estate - commercial owner occupied
    
784
      
1,071
  
Residential real estate:
                
Real estate - residential - ITIN
    
3,576
      
3,649
  
Real estate - residential - 1-4 family mortgage
    
1,914
      
1,775
  
Real estate - residential - equity lines
    
917
      
—
  
Consumer and other
    
250
      
32
  
Total
   $
11,386
     $
14,009
  
Average Recorded Investment and Interest Income Recognized on Impaired Loans by Loan Class [Table Text Block]
 
 
2016
 
 
2015
 
 
2014
 
 
 
Average
 
 
Interest
 
 
Average
 
 
Interest
 
 
Average
 
 
Interest
 
(Amounts in thousands)
 
Recorded
 
 
Income
 
 
Recorded
 
 
Income
 
 
Recorded
 
 
Income
 
Average Recorded Investment and Interest Income
 
Investment
 
 
Recognized
 
 
Investment
 
 
Recognized
 
 
Investment
 
 
Recognized
 
Commercial
   $
2,605
     $
23
     $
3,533
     $
22
     $
6,222
     $
33
  
Commercial real estate:
                                                
Real estate - commercial non-owner occupied
    
2,013
      
47
      
7,306
      
49
      
11,277
      
165
  
Real estate - commercial owner- occupied
    
1,281
      
25
      
2,212
      
59
      
5,233
      
78
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
8,939
      
165
      
9,679
      
141
      
10,668
      
114
  
Real estate - residential - 1-4 family mortgage
    
1,788
      
—
      
1,786
      
—
      
1,561
      
—
  
Real estate - residential - equity lines
    
1,535
      
26
      
750
      
27
      
1,141
      
33
  
Consumer and other
    
162
      
—
      
33
      
—
      
17
      
—
  
Total
   $
18,323
     $
286
     $
25,299
     $
298
     $
36,119
     $
423
  
Newly Restructured Loans [Table Text Block]
 
 
For The Year Ended December 31, 2016
 
(Amounts in thousands)
 
Rate &
 
 
Principal
 
 
Rate &
Payment
 
 
 
 
 
 
Payment
 
 
 
 
 
Troubled Debt Restructuring Modification
Types
 
Maturity
 
 
Reduction
 
 
Deferral
 
 
Maturity
 
 
Deferral
 
 
Total
 
Commercial
   $
905
     $
—
     $
—
     $
1,120
     $
—
     $
2,025
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
—
      
81
      
—
      
 
      
197
      
278
  
Real estate - residential - 1-4 family mortgage
    
144
      
—
      
—
      
—
      
—
      
144
  
Total
   $
1,049
     $
81
     $
—
     $
1,120
     $
197
     $
2,447
  
 
 
For The Year Ended December 31, 2015
 
(Amounts in thousands)
 
 
 
 
 
Rate &
 
 
Rate &
Payment
 
 
 
 
 
 
Payment
 
 
 
 
 
Troubled Debt Restructuring Modification
Types
 
Rate
 
 
Maturity
 
 
Deferral
 
 
Maturity
 
 
Deferral
 
 
Total
 
Commercial
   $
—
     $
39
     $
—
     $
—
     $
708
     $
747
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
115
      
—
      
264
      
—
      
379
      
758
  
Total
   $
115
     $
39
     $
264
     $
—
     $
1,087
     $
1,505
  
 
 
For The Year Ended December 31, 2014
 
(Amounts in thousands)
 
 
 
 
 
Rate &
 
 
Rate &
Payment
 
 
 
 
 
 
Payment
 
 
 
 
 
Troubled Debt Restructuring Modification
Types
 
Rate
 
 
Maturity
 
 
Deferral
 
 
Maturity
 
 
Deferral
 
 
Total
 
Commercial
   $
—
     $
3,396
     $
—
     $
—
     $
—
     $
3,396
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
207
      
—
      
39
      
—
      
—
      
246
  
Consumer and other
    
—
      
35
      
—
      
—
      
—
      
35
  
Total
   $
207
     $
3,431
     $
39
     $
—
     $
—
     $
3,677
  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
 
 
2016
 
 
 
 
 
 
 
Pre-Modification
 
 
Post-Modification
 
(Amounts in thousands)
 
Number of
 
 
Outstanding Recorded
 
 
Outstanding Recorded
 
Troubled Debt Restructurings
 
Contracts
 
 
Investment
 
 
Investment
 
Commercial
    
4
      
2,244
     $
2,266
  
Residential real estate:
                        
Real estate - residential - ITIN
    
3
      
372
      
342
  
Real estate - residential - 1-4 family mortgage
    
1
      
144
      
144
  
Total
    
8
     $
2,760
     $
2,752
  
 
 
2015
 
 
 
 
 
 
 
Pre-Modification
 
 
Post-Modification
 
(Amounts in thousands)
 
Number of
 
 
Outstanding Recorded
 
 
Outstanding Recorded
 
Troubled Debt Restructurings
 
Contracts
 
 
Investment
 
 
Investment
 
Commercial
    
2
     $
872
     $
872
  
Residential real estate:
                        
Real estate - residential - ITIN
    
11
      
1,237
      
1,023
  
Total
    
13
     $
2,109
     $
1,895
  
 
 
2014
 
 
 
 
 
 
 
Pre-Modification
 
 
Post-Modification
 
(Amounts in thousands)
 
Number of
 
 
Outstanding Recorded
 
 
Outstanding Recorded
 
Troubled Debt Restructurings
 
Contracts
 
 
Investment
 
 
Investment
 
Commercial
    
2
     $
9,070
     $
9,070
  
Residential real estate:
                        
Real estate - residential - ITIN
    
4
      
263
      
267
  
Consumer and other
    
1
      
35
      
35
  
Total
    
7
     $
9,368
     $
9,372
  
Financing Receivables Modified as Troubled Debt Restructurings With Payment Default [Table Text Block]
 
 
2016
 
 
2015
 
 
2014
 
(Amounts in thousands)
 
Number of
 
 
Recorded
 
 
Number of
 
 
Recorded
 
 
Number of
 
 
Recorded
 
Troubled Debt Restructurings That Subsequently
Defaulted
 
Contracts
 
 
Investment
 
 
Contracts
 
 
Investment
 
 
Contracts
 
 
Investment
 
Commercial
    
—
     $
—
      
—
     $
—
      
1
     $
1,923
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
—
      
—
      
—
      
—
      
2
      
109
  
Total
    
—
     $
—
      
—
     $
—
      
3
     $
2,032
  
Financing Receivable Credit Quality Indicators [Table Text Block]
(Amounts in thousands)
 
December 31, 2016
 
Performing and Nonperforming Loans
 
Performing
 
 
Nonperforming
 
 
Total
 
Commercial
   $
151,095
     $
2,749
     $
153,844
  
Commercial real estate:
                        
Real estate - construction and land development
    
57,771
      
—
      
57,771
  
Real estate - commercial non-owner occupied
    
286,259
      
1,196
      
287,455
  
Real estate - commercial owner occupied
    
150,732
      
784
      
151,516
  
Residential real estate:
                        
Real estate - residential - ITIN
    
41,990
      
3,576
      
45,566
  
Real estate - residential - 1-4 family mortgage
    
10,952
      
1,914
      
12,866
  
Real estate - residential - equity lines
    
42,595
      
917
      
43,512
  
Consumer and other
    
51,431
      
250
      
51,681
  
Total
   $
792,825
     $
11,386
     $
804,211
  
(Amounts in thousands)
 
December 31, 2015
 
Performing and Nonperforming Loans
 
Performing
 
 
Nonperforming
 
 
Total
 
Commercial
   $
130,811
     $
1,994
     $
132,805
  
Commercial real estate:
                        
Real estate - construction and land development
    
28,319
      
—
      
28,319
  
Real estate - commercial non-owner occupied
    
237,886
      
5,488
      
243,374
  
Real estate - commercial owner occupied
    
155,228
      
1,071
      
156,299
  
Residential real estate:
                        
Real estate - residential - ITIN
    
45,457
      
3,649
      
49,106
  
Real estate - residential - 1-4 family mortgage
    
11,865
      
1,775
      
13,640
  
Real estate - residential - equity lines
    
43,223
      
—
      
43,223
  
Consumer and other
    
49,753
      
120
      
49,873
  
Total
   $
702,542
     $
14,097
     $
716,639
  
Financing Receivable Credit Quality Indicator [Table Text Block]
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
Pass
 
 
Watch
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
Commercial
   $
124,089
     $
21,684
     $
4,570
     $
3,501
     $
—
     $
153,844
  
Commercial real estate:
                                                
Real estate - construction and land development
    
57,761
      
10
      
—
      
—
      
—
      
57,771
  
Real estate - commercial non-owner occupied
    
277,765
      
5,398
      
1,321
      
2,971
      
 
      
287,455
  
Real estate - commercial owner occupied
    
142,419
      
7,301
      
496
      
1,300
      
—
      
151,516
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
38,279
      
—
      
—
      
7,287
      
—
      
45,566
  
Real estate - residential - 1-4 family mortgage
    
10,442
      
510
      
—
      
1,914
      
 
      
12,866
  
Real estate - residential - equity lines
    
41,082
      
1,163
      
—
      
1,267
      
—
      
43,512
  
Consumer and other
    
51,398
      
2
      
—
      
281
      
—
      
51,681
  
Total
   $
743,235
     $
36,068
     $
6,387
     $
18,521
     $
—
     $
804,211
  
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Special
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
Pass
 
 
Watch
 
 
Mention
 
 
Substandard
 
 
Doubtful
 
 
Total
 
Commercial
   $
108,696
     $
10,240
     $
9,587
     $
4,282
     $
—
     $
132,805
  
Commercial real estate:
                                                
Real estate - construction and land development
    
28,291
      
28
      
—
      
—
      
—
      
28,319
  
Real estate - commercial non-owner occupied
    
234,177
      
917
      
1,588
      
6,692
      
 
      
243,374
  
Real estate - commercial owner occupied
    
149,327
      
3,864
      
1,687
      
1,421
      
—
      
156,299
  
Residential real estate:
                                                
Real estate - residential - ITIN
    
41,480
      
—
      
—
      
7,626
      
—
      
49,106
  
Real estate - residential - 1-4 family mortgage
    
11,291
      
—
      
575
      
1,774
      
 
      
13,640
  
Real estate - residential - equity lines
    
38,899
      
1,760
      
1,682
      
882
      
—
      
43,223
  
Consumer and other
    
49,551
      
—
      
256
      
66
      
—
      
49,873
  
Total
   $
661,712
     $
16,809
     $
15,375
     $
22,743
     $
—
     $
716,639
  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
 
 
As of December 31, 2016
 
(Amounts in thousands)
 
 
 
 
 
Commercial
 
 
Residential
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL by Loan Class
 
Commercial
 
 
Real Estate
 
 
Real Estate
 
 
Consumer
 
 
Unallocated
 
 
Total
 
Beginning balance
   $
2,493
     $
5,784
     $
1,577
     $
770
     $
556
     $
11,180
  
Charge-offs
    
(1,106
 )    
(37
 )    
(829
 )    
(812
 )    
—
      
(2,784
 )
Recoveries
    
427
      
2,480
      
114
      
127
      
—
      
3,148
  
Provision
    
1,035
      
(2,649
 )    
854
      
870
      
(110
 )    
—
  
Ending balance
   $
2,849
     $
5,578
     $
1,716
     $
955
     $
446
     $
11,544
  
 
 
As of December 31, 2015
 
(Amounts in thousands)
 
 
 
 
 
Commercial
 
 
Residential
 
 
 
 
 
 
 
 
 
 
 
 
 
ALLL by Loan Class
 
Commercial
 
 
Real Estate
 
 
Real Estate
 
 
Consumer
 
 
Unallocated
 
 
Total
 
Beginning balance
   $
3,503
     $
4,875
     $
1,670
     $
450
     $
322
     $
10,820
  
Charge-offs
    
(700
 )    
(428
 )    
(749
 )    
(499
 )    
—
      
(2,376
 )
Recoveries
    
1,692
      
771
      
273
      
—
      
—
      
2,736
  
Provision
    
(2,002
 )    
566
      
383
      
819
      
234
      
—
  
Ending balance
   $
2,493
     $
5,784
     $
1,577
     $
770
     $
556
     $
11,180
  
 
 
As of December 31, 2016
 
 
 
 
 
 
 
Commercial
 
 
Residential
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
Commercial
 
 
Real Estate
 
 
Real Estate
 
 
Consumer
 
 
Unallocated
 
 
Total
 
ALLL:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
   $
641
     $
85
     $
721
     $
14
     $
—
     $
1,461
  
Collectively evaluated for impairment
    
2,208
      
5,493
      
995
      
941
      
446
      
10,083
  
Total
    
2,849
      
5,578
      
1,716
      
955
      
446
      
11,544
  
Gross loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
   $
3,525
     $
3,125
     $
11,894
     $
250
     $
—
     $
18,794
  
Collectively evaluated for impairment
    
150,319
      
493,617
      
90,050
      
51,431
      
—
      
785,417
  
Total gross loans
   $
153,844
     $
496,742
     $
101,944
     $
51,681
     $
—
     $
804,211
  
 
 
As of December 31, 2015
 
 
 
 
 
 
 
Commercial
 
 
Residential
 
 
 
 
 
 
 
 
 
 
 
 
 
(Amounts in thousands)
 
Commercial
 
 
Real Estate
 
 
Real Estate
 
 
Consumer
 
 
Unallocated
 
 
Total
 
ALLL:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
   $
122
     $
97
     $
600
     $
13
     $
—
     $
832
  
Collectively evaluated for impairment
    
2,371
      
5,687
      
977
      
757
      
556
      
10,348
  
Total
    
2,493
      
5,784
      
1,577
      
770
      
556
      
11,180
  
Gross loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
   $
2,043
     $
7,733
     $
11,582
     $
32
     $
—
     $
21,390
  
Collectively evaluated for impairment
    
130,762
      
420,259
      
94,387
      
49,841
      
—
      
695,249
  
Total gross loans
   $
132,805
     $
427,992
     $
105,969
     $
49,873
     $
—
     $
716,639