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Note 10 - Deposits

12 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Deposit Liabilities Disclosures [Text Block]

NOTE 10 Deposits

Deposits and their weighted average interest rates at December 31 are summarized as follows:

		2014												2013
(Dollars in thousands)		Weighted Average Rate				Amount				Percent of Total				Weighted Average Rate				Amount				Percent of Total
Noninterest checking			0.00	%		$	118,073				23.8	%			0.00	%		$	169,362				30.6	%
NOW accounts			0.02				75,553				15.2				0.03				70,407				12.7
Savings accounts			0.07				46,672				9.4				0.07				44,823				8.1
Money market accounts			0.25				158,798				32.0				0.28				139,818				25.2
							399,096				80.4								424,410				76.6
Certificates by rate:
0-0.99%							81,197				16.3								85,705				15.5
1-1.99%							13,629				2.7								38,456				6.9
2-2.99%							2,721				0.6								4,798				0.9
3-3.99%							107				0.0								561				0.1
Total certificates			0.61				97,654				19.6				0.80				129,520				23.4
Total deposits			0.21			$	496,750				100.0	%			0.26			$	553,930				100.0	%

At December 31, 2014 and 2013, the Company had $166.9 million and $200.8 million, respectively, of deposit accounts with balances of $250,000 or more. At December 31, 2014 and 2013, the Company had $0.0 and $7.6 million of certificate accounts, respectively, that had been acquired through a broker.

Certificates had the following maturities at December 31:

		2014								2013
(Dollars in thousands)		Amount				Weighted Average Rate				Amount				Weighted Average Rate
Remaining term to maturity
1-6 months		$	32,925				0.52	%		$	43,618				0.84	%
7-12 months			26,764				0.49				43,462				0.64
13-36 months			29,929				0.68				35,542				0.86
Over 36 months			8,036				1.03				6,898				1.14
		$	97,654				0.61			$	129,520				0.80

At December 31, 2014 and 2013, the Company had pledged mortgage loans and mortgage-backed and related securities with an amortized cost of approximately $19.4 million and $18.9 million, respectively, as collateral for certain deposits. An additional $1.0 million of letters of credit from the FHLB were pledged at December 31, 2014 and 2013 as collateral on certain Bank deposits.

Interest expense on deposits is summarized as follows for the years ended December 31:

(Dollars in thousands)		2014				2013				2012
NOW accounts		$	15				15				35
Savings accounts			31				34				67
Money market accounts			414				372				447
Certificates			751				1,383				3,192
		$	1,211				1,804				3,741

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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