Note 5 - Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

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

	June 30, 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	$	31,710			31,710			31,710							37,564			37,564			37,564
Securities available for sale		80,525			80,525					80,525					77,472			77,472					77,472
Loans held for sale		3,624			3,624					3,624					1,837			1,837					1,837
Loans receivable, net		589,855			588,794					588,794					585,931			585,494					585,494
Federal Home Loan Bank stock		867			867					867					817			817					817
Accrued interest receivable		2,330			2,330					2,330					2,344			2,344					2,344
Financial liabilities:
Deposits		639,535			633,844					633,844					635,601			635,905					635,905
Accrued interest payable		264			264					264					146			146					146
Off-balance sheet financial instruments:
Commitments to extend credit		74			74								242,267		28			28								173,645
Commitments to sell loans		(28	)		(28	)							11,321		(11	)		(11	)							5,629