Note 5 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

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

	March 31, 2019													December 31, 2018
							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	$	15,121			15,121			15,121							20,709			20,709			20,709
Securities available for sale		79,932			79,932					79,932					79,980			79,980					79,980
Loans held for sale		3,292			3,292					3,292					3,444			3,444					3,444
Loans receivable, net		599,462			593,230					593,230					586,688			578,978					578,978
Federal Home Loan Bank stock		853			853					853					867			867					867
Accrued interest receivable		2,326			2,326					2,326					2,356			2,356					2,356
Financial liabilities:
Deposits		626,592			620,967					620,967					623,352			617,722					617,722
Accrued interest payable		332			332					332					346			346					346
Off-balance sheet financial instruments:
Commitments to extend credit		99			99								157,000		40			40								146,978
Commitments to sell loans		(54	)		(54	)							9,757		(56	)		(56	)							7,289