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Note 11 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Year ended December 31,

 

2013

   

2012

 

Current Federal income taxes

  $ 2,134     $ 3,018  

Deferred Federal income taxes

    212       (409 )

Net provision

  $ 2,346     $ 2,609  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

December 31,

 

2013

   

2012

 

Deferred tax assets

               

Allowance for loan losses

  $ 3,035     $ 3,322  

Net unrealized holding losses on investment securities available-for-sale

    1,456       -  

Impaired securities

    546       632  

Non-credit OTTI on investment securities available-for-sale

    302       335  

Non-accrual interest income

    569       426  

OREO expenses

    41       58  

Deferred rent

    55       45  

Deferred revenue

    33       40  

Incurred but not reported (IBNR) medical expense

    24       20  

Other

    13       26  

Total deferred tax assets

    6,074       4,904  

Deferred tax liabilities

               

Depreciation

    231       258  

Mortgage servicing rights

    176       152  

Net unrealized holding gains on investment securities available-for-sale

    -       2,630  

Prepaid expenses

    149       185  

Other

    -       2  

Total deferred tax liabilities

    556       3,227  

Net deferred tax asset

  $ 5,518     $ 1,677  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Year ended December 31,

 

2013

   

2012

 
   

Dollar

   

%

   

Dollar

   

%

 

Provision at statutory rate

  $ 3,651       34.0 %   $ 4,007       34.0 %

Tax-exempt interest and dividend income

    (1,249 )     (11.7 )     (1,341 )     (11.4 )

Bank-owned life insurance

    (109 )     (1.0 )     (113 )     (1.0 )

Stock-based compensation expense

    24       0.2       25       0.2  

Other

    29       0.3       31       0.3  

Total provision

  $ 2,346       21.8 %   $ 2,609       22.1 %