Note 2 - Restrictions on Cash and Due From banks

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Restrictions on Cash and Due from Banks Disclosure [Text Block]

(

2)

Restrictions on Cash and Due from Banks

Bancorp is required to maintain an average reserve balance in cash or with the Federal Reserve Bank relating to customer deposits. The amount of those required reserve balances was approximately

$6,338,000

and

$3,679,000

at

December

31,

2016

and

2015,

respectively, and is included in federal funds sold and interest bearing due from banks in the consolidated balance sheet.