Note 5 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Notes Tables

Fair Value, by Balance Sheet Grouping [Table Text Block]

	March 31, 2018													December 31, 2017
							Fair value hierarchy													Fair value hierarchy
(Dollars in thousands)	Carrying amount			Estimated fair value			Level 1		Level 2		Level 3	Contract amount		Carrying amount			Estimated fair value			Level 1		Level 2		Level 3	Contract amount
Financial assets:
Cash and cash equivalents	$	26,576			26,576			26,576							37,564			37,564			37,564
Securities available for sale		81,174			81,174					81,174					77,472			77,472					77,472
Loans held for sale		2,234			2,234					2,234					1,837			1,837					1,837
Loans receivable, net		591,840			591,626					591,626					585,931			585,494					585,494
Federal Home Loan Bank stock		867			867					867					817			817					817
Accrued interest receivable		2,104			2,104					2,104					2,344			2.344					2,344
Financial liabilities:
Deposits		633,805			628,252					628,252					635,601			635,905					635,905
Accrued interest payable		197			197					197					146			146					146
Off-balance sheet financial instruments:
Commitments to extend credit		63			63								229,740		28			28								173,645
Commitments to sell loans		(12	)		(12	)							10,682		(11	)		(11	)							5,629