Note 18 - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet

Balance Sheets
December 31,	2016		2015
Assets
Cash and cash equivalents	$	60	$	79
Investment securities available-for-sale		8,503		7,234
Investment in subsidiary		85,102		83,103
Other assets		3		163
Total assets	$	93,668	$	90,579
Liabilities
Other liabilities	$	101	$	136
Shareholders' equity	$	93,567	$	90,443
Total liabilities and shareholders' equity	$	93,668	$	90,579

Condensed Income Statement

Statements of Income
Year ended December 31,	2016		2015		2014
Dividends from subsidiary	$	3,093	$	3,228	$	2,925
Interest, dividend and other income		171		180		142
Securities gains		566		636		1,045
Total income		3,830		4,044		4,112
Expenses		295		298		313
Income before applicable income taxes and equity in    undistributed income of subsidiary		3,535		3,746		3,799
Provision for income taxes		159		163		292
Income before equity in undistributed income of subsidiary		3,376		3,583		3,507
Equity in undistributed income of subsidiary		5,548		4,650		5,491
Net income	$	8,924	$	8,233	$	8,998

Condensed Comprehensive Income

Statements of Comprehensive Income	(in thousands)
Year ended December 31,	2016									2015									2014
	Before tax amount			Tax expense (benefit)			Net of tax amount			Before tax amount			Tax expense (benefit)			Net of tax amount			Before tax amount			Tax expense (benefit)			Net of tax amount
Net income	$	11,978		$	3,054		$	8,924		$	10,803		$	2,570		$	8,233		$	11,642		$	2,644		$	8,998
Other comprehensive (loss) income:
Net unrealized holding (losses)    gains on securities:
Unrealized holding (losses)    gains arising during the    period		(4,192	)		(1,426	)		(2,766	)		(1,419	)		(483	)		(936	)		7,657			2,604			5,053
Reclassification adjustment    for gains included in net    income		(674	)		(229	)		(445	)		(783	)		(266	)		(517	)		(1,112	)		(378	)		(734	)
Other comprehensive (loss) income		(4,866	)		(1,655	)		(3,211	)		(2,202	)		(749	)		(1,453	)		6,545			2,226			4,319
Total comprehensive income	$	7,112		$	1,399		$	5,713		$	8,601		$	1,821		$	6,780		$	18,187		$	4,870		$	13,317

Condensed Cash Flow Statement

Statements of Cash Flows
Year ended December 31,	2016			2015			2014
Operating Activities
Net income	$	8,924		$	8,233		$	8,998
Adjustments to reconcile net income to net cash provided    by operating activities:
Equity in undistributed income from subsidiary		(5,548	)		(4,650	)		(5,491	)
Net securities gains		(566	)		(636	)		(1,045	)
Stock-based compensation expense		88			85			83
(Decrease) increase in other liabilities		(67	)		(87	)		225
Decrease (increase) in other assets		3			(2	)		12
Deferred income tax provision		14			13			29
Net cash provided by operating activities		2,848			2,956			2,811
Investing activities
Purchase of investment securities		(7,327	)		(3,862	)		(4,955	)
Proceeds from sale of investment securities		7,137			3,713			4,839
Net cash used by investing activities		(190	)		(149	)		(116	)
Financing activities
Cash dividend paid		(3,556	)		(3,445	)		(3,328	)
Proceeds from issuance of common stock		862			648			628
Tax benefit from exercise of stock options		17			21			29
Net cash used by financing activities		(2,677	)		(2,776	)		(2,671	)
(Decrease) increase in cash and cash equivalents		(19	)		31			24
Cash and cash equivalents at beginning of year		79			48			24
Cash and cash equivalents at end of year	$	60		$	79		$	48