Note 2 - Restrictions on Cash and Due From banks

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Restrictions on Cash and Cash Equivalents [Table 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

$8,071,000

and

$6,338,000

at

December 31, 2017

and

2016,

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