Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2017 | Jul. 25, 2017 | |
Document Information [Line Items] | ||
Entity Registrant Name | First Capital Inc. | |
Entity Central Index Key | 1,070,296 | |
Trading Symbol | fcap | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | No | |
Entity Common Stock, Shares Outstanding (in shares) | 3,337,552 | |
Document Type | 10-Q | |
Document Period End Date | Jun. 30, 2017 | |
Document Fiscal Year Focus | 2,017 | |
Document Fiscal Period Focus | Q2 | |
Amendment Flag | false |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
ASSETS | ||
Cash and due from banks | $ 16,826 | $ 18,837 |
Interest bearing deposits with banks | 2,145 | 1,865 |
Federal funds sold | 17,382 | 25,133 |
Total cash and cash equivalents | 36,353 | 45,835 |
Interest-bearing time deposits | 13,300 | 14,735 |
Securities available for sale, at fair value | 277,162 | 255,844 |
Securities-held to maturity | 2 | 2 |
Loans, net | 394,452 | 381,154 |
Loans held for sale | 2,065 | 4,507 |
Federal Home Loan Bank and other stock, at cost | 1,979 | 1,650 |
Foreclosed real estate | 3,953 | 4,674 |
Premises and equipment | 15,269 | 14,841 |
Accrued interest receivable | 2,485 | 2,363 |
Cash value of life insurance | 7,196 | 7,082 |
Goodwill | 6,472 | 6,472 |
Core deposit intangible | 1,186 | 1,259 |
Other assets | 1,300 | 3,240 |
Total Assets | 763,174 | 743,658 |
LIABILITIES | ||
Noninterest-bearing | 137,502 | 121,304 |
Interest-bearing | 542,864 | 543,346 |
Total deposits | 680,366 | 664,650 |
Accrued interest payable | 114 | 133 |
Accrued expenses and other liabilities | 2,444 | 3,033 |
Total liabilities | 682,924 | 667,816 |
EQUITY | ||
Preferred stock of $.01 par value per share Authorized 1,000,000 shares; none issued | 0 | 0 |
Common stock of $.01 par value per share Authorized 5,000,000 shares; issued 3,762,933 shares; outstanding 3,337,552 shares | 38 | 38 |
Additional paid-in capital | 39,515 | 39,515 |
Retained earnings-substantially restricted | 49,392 | 47,051 |
Unearned stock compensation | (257) | (300) |
Accumulated other comprehensive income | (246) | (2,277) |
Less treasury stock, at cost - 425,381 shares | (8,297) | (8,297) |
Total First Capital, Inc. stockholders' equity | 80,145 | 75,730 |
Noncontrolling interest in subsidiary | 105 | 112 |
Total equity | 80,250 | 75,842 |
Total Liabilities and Equity | $ 763,174 | $ 743,658 |
Consolidated Balance Sheets (C3
Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Jun. 30, 2017 | Dec. 31, 2016 |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Preferred stock, authorized (in shares) | 1,000,000 | 1,000,000 |
Preferred stock, issued (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Common stock, authorized (in shares) | 5,000,000 | 5,000,000 |
Common stock, issued (in shares) | 3,762,933 | 3,762,933 |
Common stock, outstanding (in shares) | 3,337,552 | 3,337,552 |
Treasury stock, shares (in shares) | 425,381 | 425,381 |
Consolidated Statements of Inco
Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Loans, including fees | $ 5,133 | $ 5,018 | $ 10,080 | $ 10,166 |
Securities: | ||||
Taxable | 972 | 812 | 1,906 | 1,563 |
Tax-exempt | 362 | 296 | 691 | 583 |
Federal Home Loan Bank dividends | 16 | 17 | 33 | 33 |
Federal funds sold and interest bearing deposits with banks | 95 | 146 | 211 | 290 |
Total interest income | 6,578 | 6,289 | 12,921 | 12,635 |
INTEREST EXPENSE | ||||
Deposits | 346 | 456 | 705 | 956 |
Total interest expense | 346 | 456 | 705 | 956 |
Net interest income | 6,232 | 5,833 | 12,216 | 11,679 |
Provision for loan losses | 256 | 150 | 467 | 225 |
Net interest income after provision for loan losses | 5,976 | 5,683 | 11,749 | 11,454 |
NONINTEREST INCOME | ||||
Service charges on deposit accounts | 1,132 | 998 | 2,133 | 1,922 |
Commission income | 131 | 69 | 245 | 194 |
Gain on sale of securities | 61 | 176 | 61 | 176 |
Gain on sale of loans | 354 | 268 | 611 | 518 |
Increase in cash surrender value of life insurance | 72 | 68 | 113 | 103 |
Other income | 106 | 36 | 146 | 70 |
Total noninterest income | 1,856 | 1,615 | 3,309 | 2,983 |
NONINTEREST EXPENSE | ||||
Compensation and benefits | 2,714 | 2,620 | 5,434 | 5,337 |
Occupancy and equipment | 388 | 347 | 769 | 775 |
Data processing | 678 | 597 | 1,326 | 1,134 |
Professional fees | 169 | 245 | 332 | 437 |
Advertising | 75 | 83 | 175 | 175 |
Net (gain) loss on foreclosed real estate | (100) | (8) | 211 | 142 |
Other operating expenses | 879 | 960 | 1,711 | 1,834 |
Total noninterest expense | 4,803 | 4,844 | 9,958 | 9,834 |
Income before income taxes | 3,029 | 2,454 | 5,100 | 4,603 |
Income tax expense | 835 | 667 | 1,350 | 1,231 |
Net Income | 2,194 | 1,787 | 3,750 | 3,372 |
Less: net income attributable to noncontrolling interest in subsidiary | 4 | 4 | 7 | 7 |
Net Income Attributable to First Capital, Inc. | $ 2,190 | $ 1,783 | $ 3,743 | $ 3,365 |
Earnings per common share attributable to First Capital, Inc. | ||||
Basic (in dollars per share) | $ 0.66 | $ 0.53 | $ 1.13 | $ 1.01 |
Diluted (in dollars per share) | 0.66 | 0.53 | 1.12 | 1.01 |
Dividends per share (in dollars per share) | $ 0.21 | $ 0.21 | $ 0.42 | $ 0.42 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Net income | $ 2,194 | $ 1,787 | $ 3,750 | $ 3,372 |
OTHER COMPREHENSIVE INCOME | ||||
Unrealized holding gains arising during the period | 2,603 | 1,641 | 3,356 | 2,719 |
Income tax expense | 997 | 639 | 1,285 | 1,059 |
Net of tax amount | 1,606 | 1,002 | 2,071 | 1,660 |
Less: reclassification adjustment for realized gains include in net income | (61) | (176) | (61) | (176) |
Income tax expense | (21) | (60) | (21) | (60) |
Net of tax amount | (40) | (116) | (40) | (116) |
Other Comprehensive Income, net of tax | 1,566 | 886 | 2,031 | 1,544 |
Comprehensive Income | 3,760 | 2,673 | 5,781 | 4,916 |
Less: comprehensive income attributable to the noncontrolling interest in subsidiary | 4 | 4 | 7 | 7 |
Comprehensive Income Attributable to First Capital, Inc. | $ 3,756 | $ 2,669 | $ 5,774 | $ 4,909 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Deferred Compensation, Share-based Payments [Member] | Treasury Stock [Member] | Noncontrolling Interest [Member] | Total |
Cash dividends | $ 0 | $ 0 | $ (1,402) | $ 0 | $ 0 | $ 0 | $ (14) | $ (1,416) |
Stock compensation expense | 0 | 0 | 0 | 0 | 39 | 0 | 0 | 39 |
Purchase of treasury shares | 0 | 0 | 0 | 0 | 0 | (32) | 0 | (32) |
Balances at Jun. 30, 2016 | 38 | 39,515 | 44,954 | 2,041 | (343) | (8,295) | 105 | 78,015 |
Balances at Dec. 31, 2015 | 38 | 39,515 | 42,991 | 497 | (382) | (8,263) | 112 | 74,508 |
Net income | 0 | 0 | 3,365 | 0 | 0 | 0 | 7 | 3,372 |
Other comprehensive income | 0 | 0 | 0 | 1,544 | 0 | 0 | 0 | 1,544 |
Cash dividends | 0 | 0 | (1,402) | 0 | 0 | 0 | (14) | (1,416) |
Stock compensation expense | 0 | 0 | 0 | 0 | 43 | 0 | 0 | 43 |
Balances at Jun. 30, 2017 | 38 | 39,515 | 49,392 | (246) | (257) | (8,297) | 105 | 80,250 |
Balances at Dec. 31, 2016 | 38 | 39,515 | 47,051 | (2,277) | (300) | (8,297) | 112 | 75,842 |
Net income | 0 | 0 | 3,743 | 0 | 0 | 0 | 7 | 3,750 |
Other comprehensive income | $ 0 | $ 0 | $ 0 | $ 2,031 | $ 0 | $ 0 | $ 0 | $ 2,031 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | |
Net income | $ 3,750 | $ 3,372 |
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities: | ||
Amortization of premiums and accretion of discounts on securities, net | 849 | 472 |
Depreciation and amortization expense | 609 | 579 |
Deferred income taxes | (158) | 162 |
Stock compensation expense | 43 | 39 |
Increase in cash value of life insurance | (113) | (103) |
Gain on life insurance | (18) | 0 |
Gain on sale of securities | (61) | (176) |
Provision for loan losses | 467 | 225 |
Proceeds from sales of loans | 29,184 | 22,858 |
Loans originated for sale | (26,131) | (20,450) |
Gain on sale of loans | (611) | (518) |
Net realized and unrealized loss on foreclosed real estate | 200 | 106 |
Increase in accrued interest receivable | (122) | (98) |
Decrease in accrued interest payable | (19) | (22) |
Net change in other assets/liabilities | (448) | (312) |
Net Cash Provided By Operating Activities | 7,421 | 6,134 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Investment in interest-bearing time deposits | (990) | (495) |
Proceeds from maturities and sales of interest-bearing time deposits | 2,425 | 1,115 |
Purchase of securities available for sale | (35,133) | (138,801) |
Proceeds from maturities of securities available for sale | 2,785 | 66,150 |
Proceeds from sales of securities available for sale | 1,090 | 4,583 |
Principal collected on mortgage-backed obligations | 12,353 | 7,402 |
Net increase in loans receivable | (14,116) | (3,451) |
Proceeds from sale of foreclosed real estate | 872 | 795 |
Purchase of Federal Home Loan Bank Stock | (329) | 0 |
Purchase of premises and equipment | (964) | (910) |
Proceeds from settlement of bank-owned life insurance policies | 804 | 0 |
Net Cash Used In Investing Activities | (31,203) | (63,612) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Net increase in deposits | 15,716 | 20,280 |
Purchase of treasury stock | 0 | (32) |
Dividends paid | (1,416) | (1,416) |
Net Cash Provided By Financing Activities | 14,300 | 18,832 |
Net Decrease in Cash and Cash Equivalents | (9,482) | (38,646) |
Cash and cash equivalents at beginning of period | 45,835 | 109,174 |
Cash and Cash Equivalents at End of Period | $ 36,353 | $ 70,528 |
Note 1 - Presentation of Interi
Note 1 - Presentation of Interim Information | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 1. Presentation of Interim Information First Capital, Inc. (“Company”) is the savings and loan holding company for First Harrison Bank (“Bank”), a federal savings bank and wholly-owned subsidiary. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly-owned Nevada corporate subsidiaries of the Bank that jointly own First Harrison, LLC, a Nevada limited liability corporation that holds and manages an investment portfolio. First Harrison REIT, Inc. (“REIT”) is a wholly-owned subsidiary of First Harrison Holdings, Inc. that holds a portion of the Bank’s real estate mortgage loan portfolio. FHB Risk Mitigation Services, Inc. (“Captive”) is a wholly-owned insurance subsidiary of the Company that provides property and casualty insurance coverage to the Company, the Bank and the Bank’s subsidiaries, and reinsurance to ten third may not In the opinion of management, the unaudited consolidated financial statements include all adjustments considered necessary to present fairly the financial position as of June 30, 2017, three six June 30, 2017 2016 six June 30, 2017 2016. not The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and are presented as permitted by the instructions to Form 10 not December 31, 2016 10 The unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform with the current period presentation. The reclassifications had no |
Note 2 - Investment Securities
Note 2 - Investment Securities | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Investments in Debt and Equity Instruments, Cash and Cash Equivalents, Unrealized and Realized Gains (Losses) [Text Block] | 2. Investment Securities Debt and equity securities have been classified in the consolidated balance sheets according to management’s intent. Investment securities at June 30, 2017 December 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value June 30, 2017 Securities available for sale: Agency mortgage-backed securities $ 120,676 $ 54 $ 1,233 $ 119,497 Agency CMO 14,623 7 177 14,453 Other debt securities: Agency notes and bonds 71,457 3 437 71,023 Municipal obligations 70,395 1,652 282 71,765 Subtotal - debt securities 277,151 1,716 2,129 276,738 Mutual funds 424 0 0 424 Total securities available for sale $ 277,575 $ 1,716 $ 2,129 $ 277,162 Securities held to maturity: Agency mortgage-backed securities $ 2 $ 0 $ 0 $ 2 Total securities held to maturity $ 2 $ 0 $ 0 $ 2 December 31, 2016 Securities available for sale: Agency mortgage-backed securities $ 110,493 $ 93 $ 2,349 $ 108,237 Agency CMO 16,293 23 288 16,028 Other debt securities: Agency notes and bonds 69,407 14 759 68,662 Municipal obligations 63,189 783 1,129 62,843 Subtotal - debt securities 259,382 913 4,525 255,770 Mutual funds 74 0 0 74 Total securities available for sale $ 259,456 $ 913 $ 4,525 $ 255,844 Securities held to maturity: Agency mortgage-backed securities $ 2 $ 0 $ 0 $ 2 Total securities held to maturity $ 2 $ 0 $ 0 $ 2 Agency notes and bonds, agency mortgage-backed securities and agency collateralized mortgage obligations (“CMO”) include securities issued by the Government National Mortgage Association (“GNMA”), a U.S. government agency, and the Federal National Mortgage Association (“FNMA”), the Federal Home Loan Mortgage Corporation (“FHLMC”) and the Federal Home Loan Bank (“FHLB”), which are government-sponsored enterprises. The amortized cost and fair value of debt securities as of June 30, 2017, may may Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due in one year or less $ 1,992 $ 1,992 $ 0 $ 0 Due after one year through five years 75,703 75,373 0 0 Due after five years through ten years 20,555 20,890 Due after ten years 43,602 44,533 0 0 141,852 142,788 0 0 Mortgage-backed securities and CMO 135,299 133,950 2 2 $ 277,151 $ 276,738 $ 2 $ 2 Information pertaining to investment securities available for sale with gross unrealized losses at June 30, 2017, June 30, 2017, not Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) Continuous loss position less than twelve months: Agency notes and bonds 18 $ 50,419 $ 242 Agency CMO 9 7,385 79 Agency mortgage-backed securities 69 91,621 1,070 Muncipal obligations 25 13,713 234 Total less than twelve months 121 163,138 1,625 Continuous loss position more than twelve months: Agency notes and bonds 5 $ 18,805 $ 195 Agency CMO 9 5,735 98 Agency mortgage-backed securities 5 9,930 163 Muncipal obligations 6 2,435 48 Total more than twelve months 25 36,905 504 Total securities available for sale 146 $ 200,043 $ 2,129 Management evaluates securities for other-than-temporary impairment at least quarterly, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3 At June 30, 2017, 1.1% first no While management does not June 30, 2017, may During the three six June 30, 2017, $58,000 $3,000, three six June 30, 2016, $176,000. |
Note 3 - Loans and Allowance fo
Note 3 - Loans and Allowance for Loan Losses | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 3. Loans and Allowance for Loan Losses The Company’s loan and allowance for loan loss policies are as follows: Loans are stated at unpaid principal balances, less net deferred loan fees and the allowance for loan losses. The Company grants real estate mortgage, commercial business and consumer loans. A substantial portion of the loan portfolio is represented by mortgage loans to customers in the Louisville, Kentucky metropolitan statistical area (MSA). The ability of the Company’s customers to honor their loan agreements is largely dependent upon the real estate and general economic conditions in this area. Loan origination and commitment fees, as well as certain direct costs of underwriting and closing loans, are deferred and amortized as a yield adjustment to interest income over the lives of the related loans using the interest method. Amortization of net deferred loan fees is discontinued when a loan is placed on nonaccrual status. The recognition of income on a loan is discontinued and previously accrued interest is reversed, when interest or principal payments become ninety 90 A loan is restored to accrual status when all principal and interest payments are brought current and the borrower has demonstrated the ability to make future payments of principal and interest as scheduled, which generally requires that the borrower demonstrate a period of performance of at least six For portfolio segments other than consumer loans, the Company’s practice is to charge-off any loan or portion of a loan when the loan is determined by management to be uncollectible due to the borrower’s failure to meet repayment terms, the borrower’s deteriorating or deteriorated financial condition, the depreciation of the underlying collateral, the loan’s classification as a loss by regulatory examiners, or for other reasons. A partial charge-off is recorded on a loan when the uncollectibility of a portion of the loan has been confirmed, such as when a loan is discharged in bankruptcy, the collateral is liquidated, a loan is restructured at a reduced principal balance, or other identifiable events that lead management to determine the full principal balance of the loan will not not June 30, 2017, six $196,000 Consumer loans not 90 45 The allowance for loan losses reflects management’s judgment of probable loan losses inherent in the loan portfolio at the balance sheet date. Additions to the allowance for loan losses are made by the provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The Company uses a disciplined process and methodology to evaluate the allowance for loan losses on at least a quarterly basis that is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are individually evaluated for impairment or loans otherwise classified as doubtful, substandard, or special mention. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and classified loans that are found, upon individual evaluation, to not twelve not Management also applies additional loss factor multiples to loans classified as watch, special mention and substandard that are not June 30, 2017 December 31, 2016. Management exercises significant judgment in evaluating the relevant historical loss experience and the qualitative factors. Management also monitors the differences between estimated and actual incurred loan losses for loans considered impaired in order to evaluate the effectiveness of the estimation process and make any changes in the methodology as necessary. Management utilizes the following portfolio segments in its analysis of the allowance for loan losses: residential real estate, land, construction, commercial real estate, commercial business, home equity and second 10 December 31, 2016. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not Values for collateral dependent loans are generally based on appraisals obtained from independent licensed real estate appraisers, with adjustments applied for estimated costs to sell the property, costs to complete unfinished or repair damaged property and other factors. New appraisals are generally obtained for all significant properties when a loan is identified as impaired, and a property is considered significant if the value of the property is estimated to exceed $200,000. not At June 30, 2017 December 31, 2016, $943,000 $793,000, Loans at June 30, 2017 December 31, 2016 June 30, December 31, (In thousands) 2017 2016 Real estate mortgage loans: Residential $ 134,773 $ 137,842 Land 17,870 13,895 Residential construction 33,736 29,561 Commercial real estate 93,638 96,462 Commercial real estate construction 9,467 8,921 Commercial business loans 28,092 24,056 Consumer loans: Home equity and second mortgage loans 46,089 42,908 Automobile loans 36,287 34,279 Loans secured by savings accounts 1,944 1,879 Unsecured loans 3,747 3,912 Other consumer loans 9,494 9,025 Gross loans 415,137 402,740 Less undisbursed portion of loans in process (18,125 ) (19,037 ) Principal loan balance 397,012 383,703 Deferred loan origination fees, net 966 837 Allowance for loan losses (3,526 ) (3,386 ) Loans, net $ 394,452 $ 381,154 The following table provides the components of the Company’s recorded investment in loans at June 30, 2017: Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 134,773 $ 17,870 $ 25,078 $ 93,638 $ 28,092 $ 46,089 $ 51,472 $ 397,012 Accrued interest receivable 382 56 61 238 75 152 210 1,174 Net deferred loan origination fees and costs 85 17 (4 ) (33 ) 3 898 0 966 Recorded investment in loans $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 2,711 $ 0 $ 0 $ 435 $ 121 $ 259 $ 44 $ 3,570 Collectively evaluated for impairment 132,146 17,943 25,135 93,235 28,049 46,880 51,638 395,026 Acquired with deteriorated credit quality 383 0 0 173 0 0 0 556 Ending balance $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 The following table provides the components of the Company’s recorded investment in loans at December 31, 2016: Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 137,842 $ 13,895 $ 19,445 $ 96,462 $ 24,056 $ 42,908 $ 49,095 $ 383,703 Accrued interest receivable 455 42 44 249 67 141 226 1,224 Net deferred loan origination fees and costs 80 14 0 (42 ) 3 782 0 837 Recorded investment in loans $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 2,083 $ 0 $ 0 $ 1,217 $ 143 $ 244 $ 20 $ 3,707 Collectively evaluated for impairment 135,904 13,951 19,489 95,212 23,983 43,587 49,301 381,427 Acquired with deteriorated credit quality 390 0 0 240 0 0 0 630 Ending balance $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 An analysis of the allowance for loan losses as of June 30, 2017 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 17 $ 0 $ 0 $ 0 $ 40 $ 14 $ 4 $ 75 Collectively evaluated for impairment 195 124 306 1,583 250 666 327 3,451 Acquired with deteriorated credit quality 0 0 0 0 0 0 0 0 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 An analysis of the allowance for loan losses as of December 31, 2016 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 23 $ 0 $ 0 $ 0 $ 43 $ 13 $ 6 $ 85 Collectively evaluated for impairment 357 56 80 1,670 155 670 313 3,301 Acquired with deteriorated credit quality 0 0 0 0 0 0 0 0 Ending balance $ 380 $ 56 $ 80 $ 1,670 $ 198 $ 683 $ 319 $ 3,386 An analysis of the changes in the allowance for loan losses for the three six June 30, 2017 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Allowance for loan losses: Changes in Allowance for Loan Losses for the three-months ended June 30, 2017 Beginning balance $ 271 $ 109 $ 223 $ 1,585 $ 244 $ 698 $ 288 $ 3,418 Provisions for loan losses (61 ) 15 83 (4 ) 46 (13 ) 190 256 Charge-offs (6 ) 0 0 (2 ) 0 (6 ) (186 ) (200 ) Recoveries 8 0 0 4 0 1 39 52 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 Changes in Allowance for Loan Losses for the six-months ended June 30, 2017 Beginning balance $ 380 $ 56 $ 80 $ 1,670 $ 198 $ 683 $ 319 $ 3,386 Provisions for loan losses (146 ) 68 226 (132 ) 131 1 319 467 Charge-offs (46 ) 0 0 (3 ) (43 ) (6 ) (390 ) (488 ) Recoveries 24 0 0 48 4 2 83 161 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 An analysis of the changes in the allowance for loan losses for the three six June 30, 2016 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Allowance for loan losses: Changes in Allowance for Loan Losses for the three-months ended June 30, 2016 Beginning balance $ 470 $ 84 $ 45 $ 1,468 $ 273 $ 721 $ 258 $ 3,319 Provisions for loan losses (13 ) (37 ) (3 ) 73 (13 ) 66 77 150 Charge-offs (54 ) 0 0 (82 ) (100 ) 0 (95 ) (331 ) Recoveries 5 0 0 14 2 4 26 51 Ending balance $ 408 $ 47 $ 42 $ 1,473 $ 162 $ 791 $ 266 $ 3,189 Changes in Allowance for Loan Losses for the six-months ended June 30, 2016 Beginning balance $ 527 $ 157 $ 47 $ 1,541 $ 261 $ 626 $ 256 $ 3,415 Provisions for loan losses (42 ) (101 ) (5 ) (4 ) 12 192 173 225 Charge-offs (94 ) (9 ) 0 (82 ) (114 ) (36 ) (220 ) (555 ) Recoveries 17 0 0 18 3 9 57 104 Ending balance $ 408 $ 47 $ 42 $ 1,473 $ 162 $ 791 $ 266 $ 3,189 At June 30, 2017 December 31, 2016, not 0.33% 20% $2.2 $1.8 June 30, 2017 December 31, 2016, June 30, 2017 December 31, 2016. At June 30, 2017 December 31, 2016, 1.18 four 1.18 June 30, 2017 December 31, 2016. $526,000 $501,000 June 30, 2017 December 31, 2016, 10 December 31, 2016. no December 31, 2016 June 30, 2017. Management also adjusts the historical loss factors for loans classified as watch, special mention and substandard that are not $563,000 $559,000 June 30, 2017 December 31, 2016, December 31, 2016 June 30, 2017, The following table summarizes the Company’s impaired loans as of June 30, 2017 three six June 30, 2017. not three six June 30, 2017: At June 30, 2017 Three Months Ended Six Months Ended Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized (In thousands) Loans with no related allowance recorded: Residential $ 2,626 $ 2,838 $ 0 $ 2,387 $ 6 $ 2,215 $ 14 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 435 584 0 759 6 911 8 Commercial business 71 80 0 72 0 73 0 Home equity/2nd mortgage 227 233 0 228 0 229 1 Other consumer 11 11 0 11 0 7 0 3,370 3,746 0 3,457 12 3,435 23 Loans with an allowance recorded: Residential 85 92 17 87 0 128 0 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 0 0 0 0 0 0 0 Commercial business 50 50 40 50 0 56 0 Home equity/2nd mortgage 32 32 14 23 0 19 0 Other consumer 33 33 4 25 0 23 0 200 207 75 185 0 226 0 Total: Residential 2,711 2,930 17 2,474 6 2,343 14 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 435 584 0 759 6 911 8 Commercial business 121 130 40 122 0 129 0 Home equity/2nd mortgage 259 265 14 251 0 248 1 Other consumer 44 44 4 36 0 30 0 $ 3,570 $ 3,953 $ 75 $ 3,642 $ 12 $ 3,661 $ 23 The following table summarizes the Company’s impaired loans for the three six June 30, 2016. not three six June 30, 2016: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Loans with no related allowance recorded: Residential $ 1,898 $ 8 $ 1,911 $ 14 Land 0 0 8 0 Construction 0 0 0 0 Commercial real estate 3,602 18 3,531 37 Commercial business 63 0 64 0 Home equity/2nd mortgage 53 1 54 1 Other consumer 5 0 3 0 5,621 27 5,571 52 Loans with an allowance recorded: Residential 176 0 136 0 Land 0 0 0 0 Construction 0 0 0 0 Commercial real estate 131 0 165 0 Commercial business 50 0 67 0 Home equity/2nd mortgage 14 0 36 0 Other consumer 34 0 23 0 405 0 427 0 Total: Residential 2,074 8 2,047 14 Land 0 0 8 0 Construction 0 0 0 0 Commercial real estate 3,733 18 3,696 37 Commercial business 113 0 131 0 Home equity/2nd mortgage 67 1 90 1 Other consumer 39 0 26 0 $ 6,026 $ 27 $ 5,998 $ 52 The following table summarizes the Company’s impaired loans as of December 31, 2016: Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential $ 1,871 $ 2,223 $ 0 Land 0 0 0 Construction 0 0 0 Commercial real estate 1,217 1,540 0 Commercial business 75 81 0 Home equity/2nd mortgage 231 237 0 Other consumer 0 0 0 3,394 4,081 0 Loans with an allowance recorded: Residential 212 217 23 Land 0 0 0 Construction 0 0 0 Commercial real estate 0 0 0 Commercial business 68 68 43 Home equity/2nd mortgage 13 14 13 Other consumer 20 20 6 313 319 85 Total: Residential 2,083 2,440 23 Land 0 0 0 Construction 0 0 0 Commercial real estate 1,217 1,540 0 Commercial business 143 149 43 Home equity/2nd mortgage 244 251 13 Other consumer 20 20 6 $ 3,707 $ 4,400 $ 85 Nonperforming loans consists of nonaccrual loans and loans over 90 June 30, 2017 December 31, 2016: June 30, 2017 December 31, 2016 Loans 90+ Days Total Loans 90+ Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) Residential $ 2,269 $ 0 $ 2,269 $ 1,634 $ 55 $ 1,689 Land 0 0 0 0 0 0 Construction 0 0 0 0 0 0 Commercial real estate 30 0 30 924 0 924 Commercial business 121 0 121 142 0 142 Home equity/2nd mortgage 242 0 242 226 0 226 Other consumer 44 0 44 20 23 43 Total $ 2,706 $ 0 $ 2,706 $ 2,946 $ 78 $ 3,024 The following table presents the aging of the recorded investment in loans at June 30, 2017: Purchased 30-59 Days 60-89 Days 90 Days or More Total Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,225 $ 624 $ 1,511 $ 4,360 $ 130,497 $ 383 $ 135,240 Land 0 51 0 51 17,892 0 17,943 Construction 0 0 0 0 25,135 0 25,135 Commercial real estate 0 0 30 30 93,640 173 93,843 Commercial business 45 0 65 110 28,060 0 28,170 Home equity/2nd mortgage 3 28 179 210 46,929 0 47,139 Other consumer 143 20 44 207 51,475 0 51,682 Total $ 2,416 $ 723 $ 1,829 $ 4,968 $ 393,628 $ 556 $ 399,152 The following table presents the aging of the recorded investment in loans at December 31, 2016: 30-59 Days 60-89 Days 90 Days or More Total Purchased Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,444 $ 707 $ 1,021 $ 4,172 $ 133,815 $ 390 $ 138,377 Land 0 52 0 52 13,899 0 13,951 Construction 0 0 0 0 19,489 0 19,489 Commercial real estate 0 0 27 27 96,402 240 96,669 Commercial business 155 0 83 238 23,888 0 24,126 Home equity/2nd mortgage 352 0 13 365 43,466 0 43,831 Other consumer 319 66 43 428 48,893 0 49,321 Total $ 3,270 $ 825 $ 1,187 $ 5,282 $ 379,852 $ 630 $ 385,764 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, public information, historical payment experience, credit documentation, and current economic trends, among other factors. The Company classifies loans based on credit risk at least quarterly. The Company uses the following regulatory definitions for risk ratings: Special Mention: may Substandard: not Doubtful: Loss: not Loans not The following table presents the recorded investment in loans by risk category as of the date indicated: Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) June 30, 2017 Pass $ 131,490 $ 17,738 $ 25,135 $ 87,606 $ 27,182 $ 46,894 $ 51,623 $ 387,668 Special Mention 437 85 0 2,725 789 0 15 4,051 Substandard 886 120 0 3,309 78 3 0 4,396 Doubtful 2,427 0 0 203 121 242 44 3,037 Loss 0 0 0 0 0 0 0 0 Total $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 December 31, 2016 Pass $ 135,328 $ 13,795 $ 19,489 $ 87,782 $ 23,246 $ 43,601 $ 49,256 $ 372,497 Special Mention 403 86 0 1,892 661 0 45 3,087 Substandard 721 70 0 5,991 77 4 0 6,863 Doubtful 1,925 0 0 1,004 142 226 20 3,317 Loss 0 0 0 0 0 0 0 0 Total $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 The following table summarizes the Company’s troubled debt restructurings (TDRs) by accrual status as of June 30, 2017 December 31, 2016: June 30, 2017 December 31, 2016 Related Allowance Related Allowance Accruing Nonaccrual Total for Loan Losses Accruing Nonaccrual Total for Loan Losses (In thousands) Troubled debt restructurings: Residential real estate $ 390 $ 0 $ 390 $ 0 $ 433 $ 229 $ 662 $ 0 Commercial real estate 429 101 530 0 291 168 459 0 Home equity and 2nd mortgage 17 0 17 0 18 0 18 0 Total $ 836 $ 101 $ 937 $ 0 $ 742 $ 397 $ 1,139 $ 0 At June 30, 2017 December 31, 2016, no There were no three six June 30, 2017 2016. There were no no three six June 30, 2017 2016. There were no 12 90 three six June 30, 2017 2016. may may Purchased Credit Impaired (PCI) Loans Purchased loans acquired in a business combination are recorded at estimated fair value on their purchase date with no not 310 30. The following table presents the carrying amount of PCI loans accounted for under ASC 310 30 June 30, 2017 December 31, 2016: June 30 , December 31 , (In thousands) 2017 2016 Residential real estate $ 383 $ 390 Commercial real estate 173 240 Carrying amount 556 630 The outstanding balance of PCI loans accounted for under ASC 310 30, $649,000 $754,000 June 30, 2017 December 31, 2016, There was no June 30, 2017 December 31, 2016. no three six June 30, 2017. $6,000 six June 30, 2016. no three June 30, 2016. no three six June 30, 2017 2016. Accretable yield, or income expected to be collected, is as follows for the three six June 30, 2017 2016: Three Months Ended Six Months Ended 6/30/2017 6/30/2016 6/30/2017 6/30/2016 Balance at beginning of period $ 244 $ 145 $ 252 $ 319 New loans purchased - - - - Accretion to income (14 ) (19 ) (28 ) (44 ) Disposals and other adjustments (17 ) (21 ) (17 ) (74 ) Reclassification (to) from nonaccretable difference 10 60 16 (36 ) Balance at end of period $ 223 $ 165 $ 223 $ 165 |
Note 4 - Supplemental Disclosur
Note 4 - Supplemental Disclosure for Earnings Per Share | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 4. Supplemental Disclosure for Earnings Per Share Three Months Ended Six Months Ended 6/30/2017 6/30/2016 6/30/2017 6/30/2016 Basic (Dollars in thousands, except for share and per share data) Earnings: Net income attributable to First Capital, Inc. $ 2,190 $ 1,783 $ 3,743 $ 3,365 Shares: Weighted average common shares outstanding 3,323,552 3,339,063 3,323,552 3,339,082 Net income attributable to First Capital, Inc. per common share, basic $ 0.66 $ 0.53 $ 1.13 $ 1.01 Diluted Earnings: Net income attributable to First Capital, Inc. $ 2,190 $ 1,783 $ 3,743 $ 3,365 Shares: Weighted average common shares outstanding 3,323,552 3,339,063 3,323,552 3,339,082 Add: Dilutive effect of restricted stock 5,488 2,244 5,286 1,536 Weighted average common shares outstanding, as adjusted 3,329,040 3,341,307 3,328,838 3,340,618 Net income attributable to First Capital, Inc. per common share, diluted $ 0.66 $ 0.53 $ 1.12 $ 1.01 Nonvested restricted stock shares are not . No three six June 30, 2017 2016. |
Note 5 - Stock Option Plan
Note 5 - Stock Option Plan | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | 5. Stock Option Plan On May 20, 2009, 2009 may not 223,000 At June 30, 2017, 204,000 may may not ten may first not $100,000. may not may The fair market value of stock options granted is estimated at the date of grant using an option pricing model. Expected volatilities are based on historical volatility of the Company's stock. The expected term of options granted represents the period of time that options are expected to be outstanding and is based on historical trends. The risk free rate for the expected life of the options is based on the U.S. Treasury yield curve in effect at the time of grant. As of June 30, 2017, no On February 17, 2015, 19,500 $24.50 $478,000. July 1, 2020, 20% July 1 July 1, 2016. three six June 30, 2017 $22,000 $43,000, three six June 30, 2016 $19,000 $39,000, A summary of the Company’s nonvested restricted shares under the Plan as of June 30, 2017 six Number of Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2017 14,000 $ 24.50 Granted - - Vested - - Forfeited - - Nonvested at June 30, 2017 14,000 $ 24.50 At June 30, 2017, $257,000 3.0 |
Note 6 - Supplemental Disclosur
Note 6 - Supplemental Disclosures of Cash Flow Information | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Cash Flow, Supplemental Disclosures [Text Block] | 6. Supplemental Disclosures of Cash Flow Information Six Months Ended June 30, 2017 2016 (In thousands) Cash payments for: Interest $ 724 $ 978 Taxes (net of refunds received) 1,430 54 Noncash investing activities: Transfers from loans to real estate acquired through foreclosure 416 446 |
Note 7 - Fair Value Measurement
Note 7 - Fair Value Measurements | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 7. Fair Value Measurements FASB ASC Topic 820 , Fair Value Measurements, 1 3 three 820 Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets Level 2: Inputs to the valuation methodology include quoted market prices for similar assets or liabilities in active markets; quoted market prices for identical or similar assets or liabilities in markets that are not Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth on the following page. These valuation methodologies were applied to all of the Company’s financial and nonfinancial assets carried at fair value or the lower of cost or fair value. The table below presents the balances of assets measured at fair value on a recurring and nonrecurring basis as of June 30, 2017 December 31, 2016. no June 30, 2017 December 31, 2016. Carrying Value (In thousands) Level 1 Level 2 Level 3 Total June 30, 2017 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ 0 $ 119,497 $ 0 $ 119,497 Agency CMO 0 14,453 0 14,453 Agency notes and bonds 0 71,023 0 71,023 Municipal obligations 0 71,765 0 71,765 Mutual funds 424 0 0 424 Total securities available for sale $ 424 $ 276,738 $ 0 $ 277,162 Assets Measured on a Nonrecurring Basis Impaired loans: Residential real estate $ 0 $ 0 $ 2,694 $ 2,694 Commercial real estate 0 0 435 435 Commercial business 0 0 81 81 Home equity and second mortgage 0 0 245 245 Other consumer 0 0 40 40 Total impaired loans $ 0 $ 0 $ 3,495 $ 3,495 Loans held for sale $ 0 $ 2,065 $ 0 $ 2,065 Foreclosed real estate: Residential real estate $ 0 $ 0 $ 375 $ 375 Land 0 0 50 50 Commercial real estate 0 0 3,528 3,528 Total foreclosed real estate $ 0 $ 0 $ 3,953 $ 3,953 December 31, 2016 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ 0 $ 108,237 $ 0 $ 108,237 Agency CMO 0 16,028 0 16,028 Agency notes and bonds 0 68,662 0 68,662 Municipal obligations 0 62,843 0 62,843 Mutual funds 74 0 0 74 Total securities available for sale $ 74 $ 255,770 $ 0 $ 255,844 Assets Measured on a Nonrecurring Basis Impaired loans: Residential real estate $ 0 $ 0 $ 2,060 $ 2,060 Land 0 0 1,217 1,217 Commercial real estate 0 0 100 100 Commercial business 0 0 231 231 Home equity and second mortgage 0 0 14 14 Total impaired loans $ 0 $ 0 $ 3,622 $ 3,622 Loans held for sale $ 0 $ 4,507 $ 0 $ 4,507 Foreclosed real estate: Residential real estate $ 0 $ 0 $ 226 $ 226 Commercial real estate 0 0 4,448 4,448 Total foreclosed real estate $ 0 $ 0 $ 4,674 $ 4,674 Fair value is based upon quoted market prices, where available. If quoted market prices are not third may may may may not Securities Available for Sale . 1 third not 2 may Impaired Loans 3 Impaired loans are carried at the present value of estimated future cash flows using the loan's effective interest rate or the fair value of collateral less estimated costs to sell if the loan is collateral dependent. At June 30, 2017 December 31, 2016, may June 30, 2017, 33% 63%, 49%. December 31, 2016, 33% 65%, 39%. $5,000 $106,000 six June 30, 2017 2016, $3,000 three June 30, 2017 not three June 30, 2016. Loans Held for Sale 2. Foreclosed Real Estate 3 Foreclosed real estate is reported at fair value less estimated costs to dispose of the property. The fair values are determined by real estate appraisals which are then discounted to reflect management’s estimate of the fair value of the property given current market conditions and the condition of the collateral. At June 30, 2017, 10% 73%, 44%. December 31, 2016, 10% 77%, 38%. $228,000 six June 30, 2017 no three June 30, 2017. $83,000 three six June 30, 2016. There have been no six June 30, 2017 2016. no 3 six June 30, 2017 2016. no 1 2 six June 30, 2017 2016. GAAP requires disclosure of the fair value of financial assets and financial liabilities, whether or not not not not Carrying Fair Fair Vale Measurements Using (In thousands) Value Value Level 1 Level 2 Level 3 June 30, 2017 Financial assets: Cash and cash equivalents $ 36,353 $ 36,353 $ 36,353 $ 0 $ 0 Interest-bearing time deposits 13,300 13,309 0 13,309 0 Securities available for sale 277,162 277,162 424 276,738 0 Securities held to maturity 2 2 0 2 0 Loans held for sale 2,065 2,111 0 2,111 0 Loans, net 394,452 394,125 0 0 394,125 FHLB and other stock 1,979 1,979 0 1,979 0 Accrued interest receivable 2,485 2,485 0 2,485 0 Financial liabilities: Deposits 680,366 679,386 0 0 679,386 Accrued interest payable 114 114 0 114 0 December 31, 2016: Financial assets: Cash and cash equivalents $ 45,835 $ 45,835 $ 45,835 $ 0 $ 0 Interest-bearing time deposits 14,735 14,786 0 14,786 0 Securities available for sale 255,844 255,844 74 255,770 0 Securities held to maturity 2 2 0 2 0 Loans held for sale 4,507 4,598 0 4,598 0 Loans, net 381,154 381,459 0 0 381,459 FHLB and other stock 1,650 1,650 0 1,650 0 Accrued interest receivable 2,363 2,363 0 2,363 0 Financial liabilities: Deposits 664,650 663,806 0 0 663,806 Accrued interest payable 133 133 0 133 0 The carrying amounts in the preceding table are included in the consolidated balances sheets under the applicable captions. The following methods and assumptions were used to estimate the fair value of each class of financial instrument for which it is practicable to estimate that value: Cash and Cash Equivalents and Interest-Bearing Time Deposits For cash and short-term investments, including cash and due from banks, interest-bearing deposits with banks, federal funds sold, and interest-bearing time deposits with other financial institutions, the carrying amount is a reasonable estimate of fair value. Investment Securities For marketable equity securities, the fair values are based on quoted market prices. For debt securities, the Company obtains fair value measurements from an independent pricing service and the fair value measurements consider observable data that may not Loans The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The carrying amount of accrued interest receivable approximates its fair value. The fair value of loans held for sale is based on specific prices of underlying contracts for sale to investors. Deposits The fair value of demand deposits, savings accounts, money market deposit accounts and other transaction accounts is the amount payable on demand at the balance sheet date. The fair value of fixed-maturity certificates of deposit is estimated by discounting the future cash flows using the rates currently offered for deposits of similar remaining maturities. The carrying amount of accrued interest payable approximates its fair value. |
Note 8 - Recent Accounting Pron
Note 8 - Recent Accounting Pronouncements | 6 Months Ended |
Jun. 30, 2017 | |
Notes to Financial Statements | |
New Accounting Pronouncements and Changes in Accounting Principles [Text Block] | 8. Recent Accounting Pronouncements The following are summaries of recently issued or adopted accounting pronouncements that impact the accounting and reporting practices of the Company: In May 2014, No. 2014 09, Revenue from Contracts with Customers (Topic 606 five December 15, 2016, No. 2015 14 August 2015, No. 2014 09 one December 15, 2017, No. 2014 09 not In January 2016, No. 2016 01, Financial Instruments – Overall (Subtopic 825 10 1 2 December 15, 2017, not In February 2016, No. 2016 02, Leases (Topic 842 12 not December 15, 2018, not In June 2016, No. 2016 13, Financial Instruments – Credit Losses (Topic 326 December 15, 2019, December 15, 2018, one first In August 2016, No. 2016 15, Statement of Cash Flows (Topic 230 eight December 15, 2017, not In January 2017, No. 2017 04, Intangibles – Goodwill and Other (Topic 350 2 not December 15, 2019. January 1, 2017. not In March 2017, No. 2017 08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310 20 not December 15, 2018. not In May 2017, No. 2017 09, Compensation – Stock Compensation (Subtopic 718 December 15, 2017. not |
Note 2 - Investment Securities
Note 2 - Investment Securities (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Marketable Securities [Table Text Block] | Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value June 30, 2017 Securities available for sale: Agency mortgage-backed securities $ 120,676 $ 54 $ 1,233 $ 119,497 Agency CMO 14,623 7 177 14,453 Other debt securities: Agency notes and bonds 71,457 3 437 71,023 Municipal obligations 70,395 1,652 282 71,765 Subtotal - debt securities 277,151 1,716 2,129 276,738 Mutual funds 424 0 0 424 Total securities available for sale $ 277,575 $ 1,716 $ 2,129 $ 277,162 Securities held to maturity: Agency mortgage-backed securities $ 2 $ 0 $ 0 $ 2 Total securities held to maturity $ 2 $ 0 $ 0 $ 2 December 31, 2016 Securities available for sale: Agency mortgage-backed securities $ 110,493 $ 93 $ 2,349 $ 108,237 Agency CMO 16,293 23 288 16,028 Other debt securities: Agency notes and bonds 69,407 14 759 68,662 Municipal obligations 63,189 783 1,129 62,843 Subtotal - debt securities 259,382 913 4,525 255,770 Mutual funds 74 0 0 74 Total securities available for sale $ 259,456 $ 913 $ 4,525 $ 255,844 Securities held to maturity: Agency mortgage-backed securities $ 2 $ 0 $ 0 $ 2 Total securities held to maturity $ 2 $ 0 $ 0 $ 2 |
Investments Classified by Contractual Maturity Date [Table Text Block] | Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due in one year or less $ 1,992 $ 1,992 $ 0 $ 0 Due after one year through five years 75,703 75,373 0 0 Due after five years through ten years 20,555 20,890 Due after ten years 43,602 44,533 0 0 141,852 142,788 0 0 Mortgage-backed securities and CMO 135,299 133,950 2 2 $ 277,151 $ 276,738 $ 2 $ 2 |
Schedule of Unrealized Loss on Investments [Table Text Block] | Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) Continuous loss position less than twelve months: Agency notes and bonds 18 $ 50,419 $ 242 Agency CMO 9 7,385 79 Agency mortgage-backed securities 69 91,621 1,070 Muncipal obligations 25 13,713 234 Total less than twelve months 121 163,138 1,625 Continuous loss position more than twelve months: Agency notes and bonds 5 $ 18,805 $ 195 Agency CMO 9 5,735 98 Agency mortgage-backed securities 5 9,930 163 Muncipal obligations 6 2,435 48 Total more than twelve months 25 36,905 504 Total securities available for sale 146 $ 200,043 $ 2,129 |
Note 3 - Loans and Allowance 17
Note 3 - Loans and Allowance for Loan Losses (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | June 30, December 31, (In thousands) 2017 2016 Real estate mortgage loans: Residential $ 134,773 $ 137,842 Land 17,870 13,895 Residential construction 33,736 29,561 Commercial real estate 93,638 96,462 Commercial real estate construction 9,467 8,921 Commercial business loans 28,092 24,056 Consumer loans: Home equity and second mortgage loans 46,089 42,908 Automobile loans 36,287 34,279 Loans secured by savings accounts 1,944 1,879 Unsecured loans 3,747 3,912 Other consumer loans 9,494 9,025 Gross loans 415,137 402,740 Less undisbursed portion of loans in process (18,125 ) (19,037 ) Principal loan balance 397,012 383,703 Deferred loan origination fees, net 966 837 Allowance for loan losses (3,526 ) (3,386 ) Loans, net $ 394,452 $ 381,154 |
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block] | Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 17 $ 0 $ 0 $ 0 $ 40 $ 14 $ 4 $ 75 Collectively evaluated for impairment 195 124 306 1,583 250 666 327 3,451 Acquired with deteriorated credit quality 0 0 0 0 0 0 0 0 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 23 $ 0 $ 0 $ 0 $ 43 $ 13 $ 6 $ 85 Collectively evaluated for impairment 357 56 80 1,670 155 670 313 3,301 Acquired with deteriorated credit quality 0 0 0 0 0 0 0 0 Ending balance $ 380 $ 56 $ 80 $ 1,670 $ 198 $ 683 $ 319 $ 3,386 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Allowance for loan losses: Changes in Allowance for Loan Losses for the three-months ended June 30, 2017 Beginning balance $ 271 $ 109 $ 223 $ 1,585 $ 244 $ 698 $ 288 $ 3,418 Provisions for loan losses (61 ) 15 83 (4 ) 46 (13 ) 190 256 Charge-offs (6 ) 0 0 (2 ) 0 (6 ) (186 ) (200 ) Recoveries 8 0 0 4 0 1 39 52 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 Changes in Allowance for Loan Losses for the six-months ended June 30, 2017 Beginning balance $ 380 $ 56 $ 80 $ 1,670 $ 198 $ 683 $ 319 $ 3,386 Provisions for loan losses (146 ) 68 226 (132 ) 131 1 319 467 Charge-offs (46 ) 0 0 (3 ) (43 ) (6 ) (390 ) (488 ) Recoveries 24 0 0 48 4 2 83 161 Ending balance $ 212 $ 124 $ 306 $ 1,583 $ 290 $ 680 $ 331 $ 3,526 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Allowance for loan losses: Changes in Allowance for Loan Losses for the three-months ended June 30, 2016 Beginning balance $ 470 $ 84 $ 45 $ 1,468 $ 273 $ 721 $ 258 $ 3,319 Provisions for loan losses (13 ) (37 ) (3 ) 73 (13 ) 66 77 150 Charge-offs (54 ) 0 0 (82 ) (100 ) 0 (95 ) (331 ) Recoveries 5 0 0 14 2 4 26 51 Ending balance $ 408 $ 47 $ 42 $ 1,473 $ 162 $ 791 $ 266 $ 3,189 Changes in Allowance for Loan Losses for the six-months ended June 30, 2016 Beginning balance $ 527 $ 157 $ 47 $ 1,541 $ 261 $ 626 $ 256 $ 3,415 Provisions for loan losses (42 ) (101 ) (5 ) (4 ) 12 192 173 225 Charge-offs (94 ) (9 ) 0 (82 ) (114 ) (36 ) (220 ) (555 ) Recoveries 17 0 0 18 3 9 57 104 Ending balance $ 408 $ 47 $ 42 $ 1,473 $ 162 $ 791 $ 266 $ 3,189 |
Impaired Financing Receivables [Table Text Block] | At June 30, 2017 Three Months Ended Six Months Ended Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized (In thousands) Loans with no related allowance recorded: Residential $ 2,626 $ 2,838 $ 0 $ 2,387 $ 6 $ 2,215 $ 14 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 435 584 0 759 6 911 8 Commercial business 71 80 0 72 0 73 0 Home equity/2nd mortgage 227 233 0 228 0 229 1 Other consumer 11 11 0 11 0 7 0 3,370 3,746 0 3,457 12 3,435 23 Loans with an allowance recorded: Residential 85 92 17 87 0 128 0 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 0 0 0 0 0 0 0 Commercial business 50 50 40 50 0 56 0 Home equity/2nd mortgage 32 32 14 23 0 19 0 Other consumer 33 33 4 25 0 23 0 200 207 75 185 0 226 0 Total: Residential 2,711 2,930 17 2,474 6 2,343 14 Land 0 0 0 0 0 0 0 Construction 0 0 0 0 0 0 0 Commercial real estate 435 584 0 759 6 911 8 Commercial business 121 130 40 122 0 129 0 Home equity/2nd mortgage 259 265 14 251 0 248 1 Other consumer 44 44 4 36 0 30 0 $ 3,570 $ 3,953 $ 75 $ 3,642 $ 12 $ 3,661 $ 23 Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Loans with no related allowance recorded: Residential $ 1,898 $ 8 $ 1,911 $ 14 Land 0 0 8 0 Construction 0 0 0 0 Commercial real estate 3,602 18 3,531 37 Commercial business 63 0 64 0 Home equity/2nd mortgage 53 1 54 1 Other consumer 5 0 3 0 5,621 27 5,571 52 Loans with an allowance recorded: Residential 176 0 136 0 Land 0 0 0 0 Construction 0 0 0 0 Commercial real estate 131 0 165 0 Commercial business 50 0 67 0 Home equity/2nd mortgage 14 0 36 0 Other consumer 34 0 23 0 405 0 427 0 Total: Residential 2,074 8 2,047 14 Land 0 0 8 0 Construction 0 0 0 0 Commercial real estate 3,733 18 3,696 37 Commercial business 113 0 131 0 Home equity/2nd mortgage 67 1 90 1 Other consumer 39 0 26 0 $ 6,026 $ 27 $ 5,998 $ 52 Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential $ 1,871 $ 2,223 $ 0 Land 0 0 0 Construction 0 0 0 Commercial real estate 1,217 1,540 0 Commercial business 75 81 0 Home equity/2nd mortgage 231 237 0 Other consumer 0 0 0 3,394 4,081 0 Loans with an allowance recorded: Residential 212 217 23 Land 0 0 0 Construction 0 0 0 Commercial real estate 0 0 0 Commercial business 68 68 43 Home equity/2nd mortgage 13 14 13 Other consumer 20 20 6 313 319 85 Total: Residential 2,083 2,440 23 Land 0 0 0 Construction 0 0 0 Commercial real estate 1,217 1,540 0 Commercial business 143 149 43 Home equity/2nd mortgage 244 251 13 Other consumer 20 20 6 $ 3,707 $ 4,400 $ 85 |
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | June 30, 2017 December 31, 2016 Loans 90+ Days Total Loans 90+ Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) Residential $ 2,269 $ 0 $ 2,269 $ 1,634 $ 55 $ 1,689 Land 0 0 0 0 0 0 Construction 0 0 0 0 0 0 Commercial real estate 30 0 30 924 0 924 Commercial business 121 0 121 142 0 142 Home equity/2nd mortgage 242 0 242 226 0 226 Other consumer 44 0 44 20 23 43 Total $ 2,706 $ 0 $ 2,706 $ 2,946 $ 78 $ 3,024 |
Past Due Financing Receivables [Table Text Block] | Purchased 30-59 Days 60-89 Days 90 Days or More Total Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,225 $ 624 $ 1,511 $ 4,360 $ 130,497 $ 383 $ 135,240 Land 0 51 0 51 17,892 0 17,943 Construction 0 0 0 0 25,135 0 25,135 Commercial real estate 0 0 30 30 93,640 173 93,843 Commercial business 45 0 65 110 28,060 0 28,170 Home equity/2nd mortgage 3 28 179 210 46,929 0 47,139 Other consumer 143 20 44 207 51,475 0 51,682 Total $ 2,416 $ 723 $ 1,829 $ 4,968 $ 393,628 $ 556 $ 399,152 30-59 Days 60-89 Days 90 Days or More Total Purchased Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,444 $ 707 $ 1,021 $ 4,172 $ 133,815 $ 390 $ 138,377 Land 0 52 0 52 13,899 0 13,951 Construction 0 0 0 0 19,489 0 19,489 Commercial real estate 0 0 27 27 96,402 240 96,669 Commercial business 155 0 83 238 23,888 0 24,126 Home equity/2nd mortgage 352 0 13 365 43,466 0 43,831 Other consumer 319 66 43 428 48,893 0 49,321 Total $ 3,270 $ 825 $ 1,187 $ 5,282 $ 379,852 $ 630 $ 385,764 |
Financing Receivable Credit Quality Indicators [Table Text Block] | Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) June 30, 2017 Pass $ 131,490 $ 17,738 $ 25,135 $ 87,606 $ 27,182 $ 46,894 $ 51,623 $ 387,668 Special Mention 437 85 0 2,725 789 0 15 4,051 Substandard 886 120 0 3,309 78 3 0 4,396 Doubtful 2,427 0 0 203 121 242 44 3,037 Loss 0 0 0 0 0 0 0 0 Total $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 December 31, 2016 Pass $ 135,328 $ 13,795 $ 19,489 $ 87,782 $ 23,246 $ 43,601 $ 49,256 $ 372,497 Special Mention 403 86 0 1,892 661 0 45 3,087 Substandard 721 70 0 5,991 77 4 0 6,863 Doubtful 1,925 0 0 1,004 142 226 20 3,317 Loss 0 0 0 0 0 0 0 0 Total $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 |
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | June 30, 2017 December 31, 2016 Related Allowance Related Allowance Accruing Nonaccrual Total for Loan Losses Accruing Nonaccrual Total for Loan Losses (In thousands) Troubled debt restructurings: Residential real estate $ 390 $ 0 $ 390 $ 0 $ 433 $ 229 $ 662 $ 0 Commercial real estate 429 101 530 0 291 168 459 0 Home equity and 2nd mortgage 17 0 17 0 18 0 18 0 Total $ 836 $ 101 $ 937 $ 0 $ 742 $ 397 $ 1,139 $ 0 |
Schedule of Purchased Credit Impaired Loans [Table Text Block] | June 30 , December 31 , (In thousands) 2017 2016 Residential real estate $ 383 $ 390 Commercial real estate 173 240 Carrying amount 556 630 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block] | Three Months Ended Six Months Ended 6/30/2017 6/30/2016 6/30/2017 6/30/2016 Balance at beginning of period $ 244 $ 145 $ 252 $ 319 New loans purchased - - - - Accretion to income (14 ) (19 ) (28 ) (44 ) Disposals and other adjustments (17 ) (21 ) (17 ) (74 ) Reclassification (to) from nonaccretable difference 10 60 16 (36 ) Balance at end of period $ 223 $ 165 $ 223 $ 165 |
Financing Receivable [Member] | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 134,773 $ 17,870 $ 25,078 $ 93,638 $ 28,092 $ 46,089 $ 51,472 $ 397,012 Accrued interest receivable 382 56 61 238 75 152 210 1,174 Net deferred loan origination fees and costs 85 17 (4 ) (33 ) 3 898 0 966 Recorded investment in loans $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 2,711 $ 0 $ 0 $ 435 $ 121 $ 259 $ 44 $ 3,570 Collectively evaluated for impairment 132,146 17,943 25,135 93,235 28,049 46,880 51,638 395,026 Acquired with deteriorated credit quality 383 0 0 173 0 0 0 556 Ending balance $ 135,240 $ 17,943 $ 25,135 $ 93,843 $ 28,170 $ 47,139 $ 51,682 $ 399,152 Residential Commercial Commercial Home Equity & Other Real Estate Land Construction Real Estate Business 2nd Mtg Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 137,842 $ 13,895 $ 19,445 $ 96,462 $ 24,056 $ 42,908 $ 49,095 $ 383,703 Accrued interest receivable 455 42 44 249 67 141 226 1,224 Net deferred loan origination fees and costs 80 14 0 (42 ) 3 782 0 837 Recorded investment in loans $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 2,083 $ 0 $ 0 $ 1,217 $ 143 $ 244 $ 20 $ 3,707 Collectively evaluated for impairment 135,904 13,951 19,489 95,212 23,983 43,587 49,301 381,427 Acquired with deteriorated credit quality 390 0 0 240 0 0 0 630 Ending balance $ 138,377 $ 13,951 $ 19,489 $ 96,669 $ 24,126 $ 43,831 $ 49,321 $ 385,764 |
Note 4 - Supplemental Disclos18
Note 4 - Supplemental Disclosure for Earnings Per Share (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Three Months Ended Six Months Ended 6/30/2017 6/30/2016 6/30/2017 6/30/2016 Basic (Dollars in thousands, except for share and per share data) Earnings: Net income attributable to First Capital, Inc. $ 2,190 $ 1,783 $ 3,743 $ 3,365 Shares: Weighted average common shares outstanding 3,323,552 3,339,063 3,323,552 3,339,082 Net income attributable to First Capital, Inc. per common share, basic $ 0.66 $ 0.53 $ 1.13 $ 1.01 Diluted Earnings: Net income attributable to First Capital, Inc. $ 2,190 $ 1,783 $ 3,743 $ 3,365 Shares: Weighted average common shares outstanding 3,323,552 3,339,063 3,323,552 3,339,082 Add: Dilutive effect of restricted stock 5,488 2,244 5,286 1,536 Weighted average common shares outstanding, as adjusted 3,329,040 3,341,307 3,328,838 3,340,618 Net income attributable to First Capital, Inc. per common share, diluted $ 0.66 $ 0.53 $ 1.12 $ 1.01 |
Note 5 - Stock Option Plan (Tab
Note 5 - Stock Option Plan (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] | Number of Shares Weighted Average Grant Date Fair Value Nonvested at January 1, 2017 14,000 $ 24.50 Granted - - Vested - - Forfeited - - Nonvested at June 30, 2017 14,000 $ 24.50 |
Note 6 - Supplemental Disclos20
Note 6 - Supplemental Disclosures of Cash Flow Information (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | Six Months Ended June 30, 2017 2016 (In thousands) Cash payments for: Interest $ 724 $ 978 Taxes (net of refunds received) 1,430 54 Noncash investing activities: Transfers from loans to real estate acquired through foreclosure 416 446 |
Note 7 - Fair Value Measureme21
Note 7 - Fair Value Measurements (Tables) | 6 Months Ended |
Jun. 30, 2017 | |
Notes Tables | |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] | Carrying Value (In thousands) Level 1 Level 2 Level 3 Total June 30, 2017 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ 0 $ 119,497 $ 0 $ 119,497 Agency CMO 0 14,453 0 14,453 Agency notes and bonds 0 71,023 0 71,023 Municipal obligations 0 71,765 0 71,765 Mutual funds 424 0 0 424 Total securities available for sale $ 424 $ 276,738 $ 0 $ 277,162 Assets Measured on a Nonrecurring Basis Impaired loans: Residential real estate $ 0 $ 0 $ 2,694 $ 2,694 Commercial real estate 0 0 435 435 Commercial business 0 0 81 81 Home equity and second mortgage 0 0 245 245 Other consumer 0 0 40 40 Total impaired loans $ 0 $ 0 $ 3,495 $ 3,495 Loans held for sale $ 0 $ 2,065 $ 0 $ 2,065 Foreclosed real estate: Residential real estate $ 0 $ 0 $ 375 $ 375 Land 0 0 50 50 Commercial real estate 0 0 3,528 3,528 Total foreclosed real estate $ 0 $ 0 $ 3,953 $ 3,953 December 31, 2016 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ 0 $ 108,237 $ 0 $ 108,237 Agency CMO 0 16,028 0 16,028 Agency notes and bonds 0 68,662 0 68,662 Municipal obligations 0 62,843 0 62,843 Mutual funds 74 0 0 74 Total securities available for sale $ 74 $ 255,770 $ 0 $ 255,844 Assets Measured on a Nonrecurring Basis Impaired loans: Residential real estate $ 0 $ 0 $ 2,060 $ 2,060 Land 0 0 1,217 1,217 Commercial real estate 0 0 100 100 Commercial business 0 0 231 231 Home equity and second mortgage 0 0 14 14 Total impaired loans $ 0 $ 0 $ 3,622 $ 3,622 Loans held for sale $ 0 $ 4,507 $ 0 $ 4,507 Foreclosed real estate: Residential real estate $ 0 $ 0 $ 226 $ 226 Commercial real estate 0 0 4,448 4,448 Total foreclosed real estate $ 0 $ 0 $ 4,674 $ 4,674 |
Fair Value, by Balance Sheet Grouping [Table Text Block] | Carrying Fair Fair Vale Measurements Using (In thousands) Value Value Level 1 Level 2 Level 3 June 30, 2017 Financial assets: Cash and cash equivalents $ 36,353 $ 36,353 $ 36,353 $ 0 $ 0 Interest-bearing time deposits 13,300 13,309 0 13,309 0 Securities available for sale 277,162 277,162 424 276,738 0 Securities held to maturity 2 2 0 2 0 Loans held for sale 2,065 2,111 0 2,111 0 Loans, net 394,452 394,125 0 0 394,125 FHLB and other stock 1,979 1,979 0 1,979 0 Accrued interest receivable 2,485 2,485 0 2,485 0 Financial liabilities: Deposits 680,366 679,386 0 0 679,386 Accrued interest payable 114 114 0 114 0 December 31, 2016: Financial assets: Cash and cash equivalents $ 45,835 $ 45,835 $ 45,835 $ 0 $ 0 Interest-bearing time deposits 14,735 14,786 0 14,786 0 Securities available for sale 255,844 255,844 74 255,770 0 Securities held to maturity 2 2 0 2 0 Loans held for sale 4,507 4,598 0 4,598 0 Loans, net 381,154 381,459 0 0 381,459 FHLB and other stock 1,650 1,650 0 1,650 0 Accrued interest receivable 2,363 2,363 0 2,363 0 Financial liabilities: Deposits 664,650 663,806 0 0 663,806 Accrued interest payable 133 133 0 133 0 |
Note 2 - Investment Securitie22
Note 2 - Investment Securities (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value | $ 0 | $ 0 | ||
Available-for-Sale, Securities in Unrealized Loss Positions, Depreciation from Amortized Cost Percentage | 1.10% | 1.10% | ||
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds | $ 58,000 | $ 176,000 | $ 3,000 | $ 176,000 |
Note 2 - Investment Securitie23
Note 2 - Investment Securities - Investment Securities (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Securities-held to maturity | $ 2 | $ 2 |
Securities held to maturity, gross unrealized gains | 0 | 0 |
Securities held to maturity, gross unrealized losses | 0 | 0 |
Securities held to maturity, fair value | 2 | 2 |
Securities available for sale, amortized cost | 277,575 | 259,456 |
Securities available for sale, gross unrealized gains | 1,716 | 913 |
Securities available for sale, gross unrealized losses | 2,129 | 4,525 |
Securities available for sale, at fair value | 277,162 | 255,844 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities-held to maturity | 2 | 2 |
Securities held to maturity, gross unrealized gains | 0 | 0 |
Securities held to maturity, gross unrealized losses | 0 | 0 |
Securities held to maturity, fair value | 2 | 2 |
Securities available for sale, amortized cost | 120,676 | 110,493 |
Securities available for sale, gross unrealized gains | 54 | 93 |
Securities available for sale, gross unrealized losses | 1,233 | 2,349 |
Securities available for sale, at fair value | 119,497 | 108,237 |
Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale, amortized cost | 14,623 | 16,293 |
Securities available for sale, gross unrealized gains | 7 | 23 |
Securities available for sale, gross unrealized losses | 177 | 288 |
Securities available for sale, at fair value | 14,453 | 16,028 |
US Government Agencies Debt Securities [Member] | ||
Securities available for sale, amortized cost | 71,457 | 69,407 |
Securities available for sale, gross unrealized gains | 3 | 14 |
Securities available for sale, gross unrealized losses | 437 | 759 |
Securities available for sale, at fair value | 71,023 | 68,662 |
Municipal Notes [Member] | ||
Securities available for sale, amortized cost | 70,395 | 63,189 |
Securities available for sale, gross unrealized gains | 1,652 | 783 |
Securities available for sale, gross unrealized losses | 282 | 1,129 |
Securities available for sale, at fair value | 71,765 | 62,843 |
Debt Securities [Member] | ||
Securities-held to maturity | 2 | |
Securities held to maturity, fair value | 2 | |
Securities available for sale, amortized cost | 277,151 | 259,382 |
Securities available for sale, gross unrealized gains | 1,716 | 913 |
Securities available for sale, gross unrealized losses | 2,129 | 4,525 |
Securities available for sale, at fair value | 276,738 | 255,770 |
Mutual Funds [Member] | ||
Securities available for sale, amortized cost | 424 | 74 |
Securities available for sale, gross unrealized gains | 0 | 0 |
Securities available for sale, gross unrealized losses | 0 | 0 |
Securities available for sale, at fair value | $ 424 | $ 74 |
Note 2 - Investment Securitie24
Note 2 - Investment Securities - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Securities available for sale, amortized cost, due in one year or less | $ 1,992 | |
Securities available for sale, fair value, due in one year or less | 1,992 | |
Securities held to maturity, amortized cost, due in one year or less | 0 | |
Securities held to maturity, fair value, due in one year or less | 0 | |
Securities available for sale, amortized cost, due after one year through five years | 75,703 | |
Securities available for sale, fair value, due after one year through five years | 75,373 | |
Securities held to maturity, amortized cost, due after one year through five years | 0 | |
Securities held to maturity, fair value, due after one year through five years | 0 | |
Securities available for sale, amortized cost, due after five years through ten years | 20,555 | |
Securities available for sale, fair value, due after five years through ten years | 20,890 | |
Securities held to maturity, amortized cost, due after five years through ten years | ||
Securities held to maturity, fair value, due after five years through ten years | ||
Securities available for sale, amortized cost, due after ten years | 43,602 | |
Securities available for sale, fair value, due after ten years | 44,533 | |
Securities held to maturity, amortized cost, due after ten years | 0 | |
Securities held to maturity, fair value, due after ten years | 0 | |
Securities available for sale, amortized cost, singal maturity | 141,852 | |
Securities available for sale, fair value, singal maturity | 142,788 | |
Securities held to maturity, amortized cost, singal maturity | 0 | |
Securities held to maturity, fair value, singal maturity | 0 | |
Securities available for sale, amortized cost, mortgage-backed securities and CMO | 135,299 | |
Securities available for sale, fair value, mortgage-backed securities and CMO | 133,950 | |
Securities held to maturity, amortized cost, mortgage-backed securities and CMO | 2 | |
Securities held to maturity, fair value, mortgage-backed securities and CMO | 2 | |
Securities held to maturity, amortized cost | 2 | $ 2 |
Securities held to maturity, fair value | 2 | $ 2 |
Debt Securities [Member] | ||
Securities available for sale, amortized cost | 277,151 | |
Securities available for sale, fair value | 276,738 | |
Securities held to maturity, amortized cost | 2 | |
Securities held to maturity, fair value | $ 2 |
Note 2 - Investment Securitie25
Note 2 - Investment Securities - Investment Securities Available for Sale (Details) $ in Thousands | Jun. 30, 2017USD ($) |
Number of investment positions - less than twelve months | 121 |
Fair value - less than twelve months | $ 163,138 |
Gross unrealized losses - less than twelve months | $ 1,625 |
Number of investment positions - more than twelve months | 25 |
Fair value - more than twelve months | $ 36,905 |
Gross unrealized losses - more than twelve months | $ 504 |
Number of investment positions | 146 |
Fair value | $ 200,043 |
Gross unrealized losses | $ 2,129 |
US Government Agencies Debt Securities [Member] | |
Number of investment positions - less than twelve months | 18 |
Fair value - less than twelve months | $ 50,419 |
Gross unrealized losses - less than twelve months | $ 242 |
Number of investment positions - more than twelve months | 5 |
Fair value - more than twelve months | $ 18,805 |
Gross unrealized losses - more than twelve months | $ 195 |
Agency Collateralized Mortgage Obligations [Member] | |
Number of investment positions - less than twelve months | 9 |
Fair value - less than twelve months | $ 7,385 |
Gross unrealized losses - less than twelve months | $ 79 |
Number of investment positions - more than twelve months | 9 |
Fair value - more than twelve months | $ 5,735 |
Gross unrealized losses - more than twelve months | $ 98 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | |
Number of investment positions - less than twelve months | 69 |
Fair value - less than twelve months | $ 91,621 |
Gross unrealized losses - less than twelve months | $ 1,070 |
Number of investment positions - more than twelve months | 5 |
Fair value - more than twelve months | $ 9,930 |
Gross unrealized losses - more than twelve months | $ 163 |
Municipal Notes [Member] | |
Number of investment positions - less than twelve months | 25 |
Fair value - less than twelve months | $ 13,713 |
Gross unrealized losses - less than twelve months | $ 234 |
Municipal Bonds [Member] | |
Number of investment positions - more than twelve months | 6 |
Fair value - more than twelve months | $ 2,435 |
Gross unrealized losses - more than twelve months | $ 48 |
Note 3 - Loans and Allowance 26
Note 3 - Loans and Allowance for Loan Losses (Details Textual) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2017USD ($) | Jun. 30, 2016USD ($) | Jun. 30, 2017USD ($) | Jun. 30, 2016USD ($) | Dec. 31, 2016USD ($) | |
Troubled Debt Restructuring, Principal Charge-offs | $ 0 | $ 0 | $ 0 | $ 0 | |
Financing Receivable, Modifications, Subsequent Default, Number of Contracts | 0 | 0 | 0 | 0 | |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance | $ 649,000 | $ 649,000 | $ 754,000 | ||
Impaired Financing Receivable, Interest Income, Cash Basis Method | 0 | $ 0 | |||
Loans Charge-off Period | 90 days | ||||
Collateral Dependent Loans, Value of Significant Properties | 196,000 | $ 196,000 | |||
Mortgage Loans in Process of Foreclosure, Amount | $ 943,000 | $ 943,000 | 793,000 | ||
Financing Receivable, Allowance for Credit Losses, Loss Factor Increase | 0.33% | ||||
Financing Receivable, Allowance for Credit Losses, Loss Factor | 20.00% | 20.00% | |||
Loans and Leases Receivable, Impaired, Commitment to Lend | $ 0 | $ 0 | 0 | ||
Financing Receivable, Modifications, Number of Contracts | 0 | 0 | 0 | 0 | |
Classified Loans [Member] | |||||
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $ 563,000 | 559,000 | |||
Purchased Credit Impaired Loans [Member] | |||||
Allowance for Credit Losses, Change in Method of Calculating Impairment | $ 0 | 0 | 0 | ||
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Provision for Loan Losses | 0 | $ 0 | 0 | $ 6,000 | |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Allowance for Loan Losses, Decreases | $ 0 | $ 0 | 0 | $ 0 | |
Qualitative Factor Past Due Loans [Member] | |||||
Financing Receivable, Allowance for Credit Losses, Effect of Change in Method | $ 2,200,000 | $ 1,800,000 | |||
Overall Qualitative Factor [Member] | |||||
Financing Receivable, Allowance for Credit Losses Risk Factor | 1.18 | 1.18 | 1.18 | ||
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $ 526,000 | $ 501,000 | |||
Bank Overdrafts [Member] | |||||
Loans Charge-off Period | 45 days |
Note 3 - Loans and Allowance 27
Note 3 - Loans and Allowance for Loan Losses - Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Mar. 31, 2017 | Dec. 31, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 |
Loans | $ 415,137 | $ 402,740 | ||||
Less undisbursed portion of loans in process | (18,125) | (19,037) | ||||
Principal loan balance | 397,012 | 383,703 | ||||
Deferred loan origination fees, net | 966 | 837 | ||||
Allowance for loan losses | (3,526) | $ (3,418) | (3,386) | $ (3,189) | $ (3,319) | $ (3,415) |
Loans, net | 394,452 | 381,154 | ||||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||||||
Loans | 134,773 | 137,842 | ||||
Principal loan balance | 134,773 | 137,842 | ||||
Deferred loan origination fees, net | 85 | 80 | ||||
Allowance for loan losses | (212) | (271) | (380) | (408) | (470) | (527) |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||||||
Loans | 17,870 | 13,895 | ||||
Principal loan balance | 17,870 | 13,895 | ||||
Deferred loan origination fees, net | 17 | 14 | ||||
Allowance for loan losses | (124) | (109) | (56) | (47) | (84) | (157) |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Loans | 33,736 | 29,561 | ||||
Principal loan balance | 25,078 | 19,445 | ||||
Deferred loan origination fees, net | (4) | 0 | ||||
Allowance for loan losses | (306) | (223) | (80) | (42) | (45) | (47) |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||||||
Loans | 93,638 | 96,462 | ||||
Principal loan balance | 93,638 | 96,462 | ||||
Deferred loan origination fees, net | (33) | (42) | ||||
Allowance for loan losses | (1,583) | (1,585) | (1,670) | (1,473) | (1,468) | (1,541) |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Construction [Member] | ||||||
Loans | 9,467 | 8,921 | ||||
Commercial Portfolio Segment [Member] | ||||||
Loans | 28,092 | 24,056 | ||||
Principal loan balance | 28,092 | 24,056 | ||||
Deferred loan origination fees, net | 3 | 3 | ||||
Allowance for loan losses | (290) | (244) | (198) | (162) | (273) | (261) |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||||||
Loans | 46,089 | 42,908 | ||||
Principal loan balance | 46,089 | 42,908 | ||||
Deferred loan origination fees, net | 898 | 782 | ||||
Allowance for loan losses | (680) | (698) | (683) | (791) | (721) | (626) |
Consumer Portfolio Segment [Member] | Automobile Loan [Member] | ||||||
Loans | 36,287 | 34,279 | ||||
Consumer Portfolio Segment [Member] | Loans Secured by Saving Accounts [Member] | ||||||
Loans | 1,944 | 1,879 | ||||
Consumer Portfolio Segment [Member] | Unsecured Loan [Member] | ||||||
Loans | 3,747 | 3,912 | ||||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||||||
Loans | 9,494 | 9,025 | ||||
Principal loan balance | 51,472 | 49,095 | ||||
Deferred loan origination fees, net | 0 | 0 | ||||
Allowance for loan losses | $ (331) | $ (288) | $ (319) | $ (266) | $ (258) | $ (256) |
Note 3 - Loans and Allowance 28
Note 3 - Loans and Allowance for Loan Losses - Recorded Investments in Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Individually evaluated for impairment | $ 3,570 | $ 3,707 |
Collectively evaluated for impairment | 395,026 | 381,427 |
Recorded investment in loans | 399,152 | 385,764 |
Principal loan balance | 397,012 | 383,703 |
Accrued interest receivable | 1,174 | 1,224 |
Net deferred loan origination fees and costs | 966 | 837 |
Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 556 | 630 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Individually evaluated for impairment | 2,711 | 2,083 |
Collectively evaluated for impairment | 132,146 | 135,904 |
Recorded investment in loans | 135,240 | 138,377 |
Principal loan balance | 134,773 | 137,842 |
Accrued interest receivable | 382 | 455 |
Net deferred loan origination fees and costs | 85 | 80 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 383 | 390 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Individually evaluated for impairment | 0 | 0 |
Collectively evaluated for impairment | 17,943 | 13,951 |
Recorded investment in loans | 17,943 | 13,951 |
Principal loan balance | 17,870 | 13,895 |
Accrued interest receivable | 56 | 42 |
Net deferred loan origination fees and costs | 17 | 14 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Individually evaluated for impairment | 0 | 0 |
Collectively evaluated for impairment | 25,135 | 19,489 |
Recorded investment in loans | 25,135 | 19,489 |
Principal loan balance | 25,078 | 19,445 |
Accrued interest receivable | 61 | 44 |
Net deferred loan origination fees and costs | (4) | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Individually evaluated for impairment | 435 | 1,217 |
Collectively evaluated for impairment | 93,235 | 95,212 |
Recorded investment in loans | 93,843 | 96,669 |
Principal loan balance | 93,638 | 96,462 |
Accrued interest receivable | 238 | 249 |
Net deferred loan origination fees and costs | (33) | (42) |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 173 | 240 |
Commercial Portfolio Segment [Member] | ||
Individually evaluated for impairment | 121 | 143 |
Collectively evaluated for impairment | 28,049 | 23,983 |
Recorded investment in loans | 28,170 | 24,126 |
Principal loan balance | 28,092 | 24,056 |
Accrued interest receivable | 75 | 67 |
Net deferred loan origination fees and costs | 3 | 3 |
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Individually evaluated for impairment | 259 | 244 |
Collectively evaluated for impairment | 46,880 | 43,587 |
Recorded investment in loans | 47,139 | 43,831 |
Principal loan balance | 46,089 | 42,908 |
Accrued interest receivable | 152 | 141 |
Net deferred loan origination fees and costs | 898 | 782 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Individually evaluated for impairment | 44 | 20 |
Collectively evaluated for impairment | 51,638 | 49,301 |
Recorded investment in loans | 51,682 | 49,321 |
Principal loan balance | 51,472 | 49,095 |
Accrued interest receivable | 210 | 226 |
Net deferred loan origination fees and costs | 0 | 0 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Recorded investment in loans | $ 0 | $ 0 |
Note 3 - Loans and Allowance 29
Note 3 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Dec. 31, 2016 | |
Individually evaluated for impairment | $ 75 | $ 85 | ||||
Collectively evaluated for impairment | 3,451 | 3,301 | ||||
Collectively evaluated for impairment | 3,451 | 3,301 | ||||
Ending balance | $ 3,526 | $ 3,319 | $ 3,526 | $ 3,189 | 3,526 | 3,386 |
Ending balance | 3,526 | 3,189 | 3,526 | 3,189 | ||
Beginning balance | 3,418 | 3,319 | 3,386 | 3,415 | ||
Provision for loan losses | 256 | 150 | 467 | 225 | ||
Charge-offs | (200) | (331) | (488) | (555) | ||
Recoveries | 52 | 51 | 161 | 104 | ||
Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||||||
Individually evaluated for impairment | 17 | 23 | ||||
Collectively evaluated for impairment | 195 | 357 | ||||
Collectively evaluated for impairment | 195 | 357 | ||||
Ending balance | 212 | 470 | 212 | 408 | 212 | 380 |
Ending balance | 212 | 408 | 212 | 408 | ||
Beginning balance | 271 | 470 | 380 | 527 | ||
Provision for loan losses | (61) | (13) | (146) | (42) | ||
Charge-offs | (6) | (54) | (46) | (94) | ||
Recoveries | 8 | 5 | 24 | 17 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||||||
Individually evaluated for impairment | 0 | 0 | ||||
Collectively evaluated for impairment | 124 | 56 | ||||
Collectively evaluated for impairment | 124 | 56 | ||||
Ending balance | 124 | 84 | 124 | 47 | 124 | 56 |
Ending balance | 124 | 47 | 124 | 47 | ||
Beginning balance | 109 | 84 | 56 | 157 | ||
Provision for loan losses | 15 | (37) | 68 | (101) | ||
Charge-offs | 0 | 0 | 0 | (9) | ||
Recoveries | 0 | 0 | 0 | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||||||
Individually evaluated for impairment | 0 | 0 | ||||
Collectively evaluated for impairment | 306 | 80 | ||||
Collectively evaluated for impairment | 306 | 80 | ||||
Ending balance | 306 | 45 | 306 | 42 | 306 | 80 |
Ending balance | 306 | 42 | 306 | 42 | ||
Beginning balance | 223 | 45 | 80 | 47 | ||
Provision for loan losses | 83 | (3) | 226 | (5) | ||
Charge-offs | 0 | 0 | 0 | 0 | ||
Recoveries | 0 | 0 | 0 | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||||||
Individually evaluated for impairment | 0 | 0 | ||||
Collectively evaluated for impairment | 1,583 | 1,670 | ||||
Collectively evaluated for impairment | 1,583 | 1,670 | ||||
Ending balance | 1,583 | 1,468 | 1,583 | 1,473 | 1,583 | 1,670 |
Ending balance | 1,583 | 1,473 | 1,583 | 1,473 | ||
Beginning balance | 1,585 | 1,468 | 1,670 | 1,541 | ||
Provision for loan losses | (4) | 73 | (132) | (4) | ||
Charge-offs | (2) | (82) | (3) | (82) | ||
Recoveries | 4 | 14 | 48 | 18 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Commercial Portfolio Segment [Member] | ||||||
Individually evaluated for impairment | 40 | 43 | ||||
Collectively evaluated for impairment | 250 | 155 | ||||
Collectively evaluated for impairment | 250 | 155 | ||||
Ending balance | 290 | 273 | 290 | 162 | 290 | 198 |
Ending balance | 290 | 162 | 290 | 162 | ||
Beginning balance | 244 | 273 | 198 | 261 | ||
Provision for loan losses | 46 | (13) | 131 | 12 | ||
Charge-offs | 0 | (100) | (43) | (114) | ||
Recoveries | 0 | 2 | 4 | 3 | ||
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||||||
Individually evaluated for impairment | 14 | 13 | ||||
Collectively evaluated for impairment | 666 | 670 | ||||
Collectively evaluated for impairment | 666 | 670 | ||||
Ending balance | 680 | 721 | 680 | 791 | 680 | 683 |
Ending balance | 680 | 791 | 680 | 791 | ||
Beginning balance | 698 | 721 | 683 | 626 | ||
Provision for loan losses | (13) | 66 | 1 | 192 | ||
Charge-offs | (6) | 0 | (6) | (36) | ||
Recoveries | 1 | 4 | 2 | 9 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | 0 | 0 | ||
Ending balance | 0 | 0 | ||||
Beginning balance | 0 | |||||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||||||
Individually evaluated for impairment | 4 | 6 | ||||
Collectively evaluated for impairment | 327 | 313 | ||||
Collectively evaluated for impairment | 327 | 313 | ||||
Ending balance | 331 | 258 | 331 | 266 | 331 | 319 |
Ending balance | 331 | 266 | 331 | 266 | ||
Beginning balance | 288 | 258 | 319 | 256 | ||
Provision for loan losses | 190 | 77 | 319 | 173 | ||
Charge-offs | (186) | (95) | (390) | (220) | ||
Recoveries | 39 | $ 26 | 83 | $ 57 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||||||
Ending balance | 0 | 0 | $ 0 | $ 0 | ||
Ending balance | $ 0 | 0 | ||||
Beginning balance | $ 0 |
Note 3 - Loans and Allowance 30
Note 3 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | Dec. 31, 2016 | |
Recorded investment with no allowance | $ 3,370 | $ 3,370 | $ 3,394 | ||
Unpaid principal balance with no allowance | 3,746 | 3,746 | 4,081 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 200 | 200 | 313 | ||
Unpaid principal balance with allowance | 207 | 207 | 319 | ||
Related allowance with allowance | 75 | 75 | 85 | ||
Average recorded investment | 3,642 | $ 6,026 | 3,661 | $ 5,998 | |
Interest income recognized | 12 | 27 | 23 | 52 | |
Average recorded investment with no allowance | 3,457 | 5,621 | 3,435 | 5,571 | |
Interest income recognized with no allowance | 12 | 27 | 23 | 52 | |
Average recorded investment with allowance | 185 | 405 | 226 | 427 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 3,570 | 3,570 | 3,707 | ||
Unpaid principle balance | 3,953 | 3,953 | 4,400 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | |||||
Recorded investment with no allowance | 2,626 | 2,626 | 1,871 | ||
Unpaid principal balance with no allowance | 2,838 | 2,838 | 2,223 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 85 | 85 | 212 | ||
Unpaid principal balance with allowance | 92 | 92 | 217 | ||
Related allowance with allowance | 17 | 17 | 23 | ||
Average recorded investment | 2,474 | 2,074 | 2,343 | 2,047 | |
Interest income recognized | 6 | 8 | 14 | 14 | |
Average recorded investment with no allowance | 2,387 | 1,898 | 2,215 | 1,911 | |
Interest income recognized with no allowance | 6 | 8 | 14 | 14 | |
Average recorded investment with allowance | 87 | 176 | 128 | 136 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 2,711 | 2,711 | 2,083 | ||
Unpaid principle balance | 2,930 | 2,930 | 2,440 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | |||||
Recorded investment with no allowance | 0 | 0 | 0 | ||
Unpaid principal balance with no allowance | 0 | 0 | 0 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 0 | 0 | 0 | ||
Unpaid principal balance with allowance | 0 | 0 | 0 | ||
Related allowance with allowance | 0 | 0 | 0 | ||
Average recorded investment | 0 | 0 | 0 | 8 | |
Interest income recognized | 0 | 0 | 0 | 0 | |
Average recorded investment with no allowance | 0 | 0 | 0 | 8 | |
Interest income recognized with no allowance | 0 | 0 | 0 | 0 | |
Average recorded investment with allowance | 0 | 0 | 0 | 0 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 0 | 0 | 0 | ||
Unpaid principle balance | 0 | 0 | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | |||||
Recorded investment with no allowance | 0 | 0 | 0 | ||
Unpaid principal balance with no allowance | 0 | 0 | 0 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 0 | 0 | 0 | ||
Unpaid principal balance with allowance | 0 | 0 | 0 | ||
Related allowance with allowance | 0 | 0 | 0 | ||
Average recorded investment | 0 | 0 | 0 | 0 | |
Interest income recognized | 0 | 0 | 0 | 0 | |
Average recorded investment with no allowance | 0 | 0 | 0 | 0 | |
Interest income recognized with no allowance | 0 | 0 | 0 | 0 | |
Average recorded investment with allowance | 0 | 0 | 0 | 0 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 0 | 0 | 0 | ||
Unpaid principle balance | 0 | 0 | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||||
Recorded investment with no allowance | 435 | 435 | 1,217 | ||
Unpaid principal balance with no allowance | 584 | 584 | 1,540 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 0 | 0 | 0 | ||
Unpaid principal balance with allowance | 0 | 0 | 0 | ||
Related allowance with allowance | 0 | 0 | 0 | ||
Average recorded investment | 759 | 3,733 | 911 | 3,696 | |
Interest income recognized | 6 | 18 | 8 | 37 | |
Average recorded investment with no allowance | 759 | 3,602 | 911 | 3,531 | |
Interest income recognized with no allowance | 6 | 18 | 8 | 37 | |
Average recorded investment with allowance | 0 | 131 | 0 | 165 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 435 | 435 | 1,217 | ||
Unpaid principle balance | 584 | 584 | 1,540 | ||
Commercial Portfolio Segment [Member] | |||||
Recorded investment with no allowance | 71 | 71 | 75 | ||
Unpaid principal balance with no allowance | 80 | 80 | 81 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 50 | 50 | 68 | ||
Unpaid principal balance with allowance | 50 | 50 | 68 | ||
Related allowance with allowance | 40 | 40 | 43 | ||
Average recorded investment | 122 | 113 | 129 | 131 | |
Interest income recognized | 0 | 0 | 0 | 0 | |
Average recorded investment with no allowance | 72 | 63 | 73 | 64 | |
Interest income recognized with no allowance | 0 | 0 | 0 | 0 | |
Average recorded investment with allowance | 50 | 50 | 56 | 67 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 121 | 121 | 143 | ||
Unpaid principle balance | 130 | 130 | 149 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||||
Recorded investment with no allowance | 227 | 227 | 231 | ||
Unpaid principal balance with no allowance | 233 | 233 | 237 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 32 | 32 | 13 | ||
Unpaid principal balance with allowance | 32 | 32 | 14 | ||
Related allowance with allowance | 14 | 14 | 13 | ||
Average recorded investment | 251 | 67 | 248 | 90 | |
Interest income recognized | 0 | 1 | 1 | 1 | |
Average recorded investment with no allowance | 228 | 53 | 229 | 54 | |
Interest income recognized with no allowance | 0 | 1 | 1 | 1 | |
Average recorded investment with allowance | 23 | 14 | 19 | 36 | |
Interest income recognized with allowance | 0 | 0 | 0 | 0 | |
Recorded investment | 259 | 259 | 244 | ||
Unpaid principle balance | 265 | 265 | 251 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | |||||
Recorded investment with no allowance | 11 | 11 | 0 | ||
Unpaid principal balance with no allowance | 11 | 11 | 0 | ||
Related allowance with no allowance | 0 | 0 | 0 | ||
Recorded investment with allowance | 33 | 33 | 20 | ||
Unpaid principal balance with allowance | 33 | 33 | 20 | ||
Related allowance with allowance | 4 | 4 | 6 | ||
Average recorded investment | 36 | 39 | 30 | 26 | |
Interest income recognized | 0 | 0 | 0 | 0 | |
Average recorded investment with no allowance | 11 | 5 | 7 | 3 | |
Interest income recognized with no allowance | 0 | 0 | 0 | 0 | |
Average recorded investment with allowance | 25 | 34 | 23 | 23 | |
Interest income recognized with allowance | 0 | $ 0 | 0 | $ 0 | |
Recorded investment | 44 | 44 | 20 | ||
Unpaid principle balance | $ 44 | $ 44 | $ 20 |
Note 3 - Loans and Allowance 31
Note 3 - Loans and Allowance for Loan Losses - Recorded Investment in Nonperforming Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Total Nonperforming Loans | $ 4,968 | $ 5,282 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Total Nonperforming Loans | 4,360 | 4,172 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Total Nonperforming Loans | 51 | 52 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Total Nonperforming Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Total Nonperforming Loans | 30 | 27 |
Commercial Portfolio Segment [Member] | ||
Total Nonperforming Loans | 110 | 238 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Total Nonperforming Loans | 210 | 365 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Total Nonperforming Loans | 207 | 428 |
Nonperforming Financial Instruments [Member] | ||
Nonaccrual Loans | 2,706 | 2,946 |
Loans 90+ Days Past Due Still Accruing | 0 | 78 |
Total Nonperforming Loans | 2,706 | 3,024 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Nonaccrual Loans | 2,269 | 1,634 |
Loans 90+ Days Past Due Still Accruing | 0 | 55 |
Total Nonperforming Loans | 2,269 | 1,689 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Nonaccrual Loans | 0 | 0 |
Loans 90+ Days Past Due Still Accruing | 0 | 0 |
Total Nonperforming Loans | 0 | 0 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Nonaccrual Loans | 0 | 0 |
Loans 90+ Days Past Due Still Accruing | 0 | 0 |
Total Nonperforming Loans | 0 | 0 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Nonaccrual Loans | 30 | 924 |
Loans 90+ Days Past Due Still Accruing | 0 | 0 |
Total Nonperforming Loans | 30 | 924 |
Nonperforming Financial Instruments [Member] | Commercial Portfolio Segment [Member] | ||
Nonaccrual Loans | 121 | 142 |
Loans 90+ Days Past Due Still Accruing | 0 | 0 |
Total Nonperforming Loans | 121 | 142 |
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Nonaccrual Loans | 242 | 226 |
Loans 90+ Days Past Due Still Accruing | 0 | 0 |
Total Nonperforming Loans | 242 | 226 |
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Nonaccrual Loans | 44 | 20 |
Loans 90+ Days Past Due Still Accruing | 0 | 23 |
Total Nonperforming Loans | $ 44 | $ 43 |
Note 3 - Loans and Allowance 32
Note 3 - Loans and Allowance for Loan Losses - Aging of Recorded Investment in Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Past Due | $ 4,968 | $ 5,282 |
Current | 393,628 | 379,852 |
Loans | 399,152 | 385,764 |
Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 556 | 630 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Past Due | 4,360 | 4,172 |
Current | 130,497 | 133,815 |
Loans | 135,240 | 138,377 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 383 | 390 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Past Due | 51 | 52 |
Current | 17,892 | 13,899 |
Loans | 17,943 | 13,951 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Past Due | 0 | 0 |
Current | 25,135 | 19,489 |
Loans | 25,135 | 19,489 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Past Due | 30 | 27 |
Current | 93,640 | 96,402 |
Loans | 93,843 | 96,669 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 173 | 240 |
Commercial Portfolio Segment [Member] | ||
Past Due | 110 | 238 |
Current | 28,060 | 23,888 |
Loans | 28,170 | 24,126 |
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Past Due | 210 | 365 |
Current | 46,929 | 43,466 |
Loans | 47,139 | 43,831 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Past Due | 207 | 428 |
Current | 51,475 | 48,893 |
Loans | 51,682 | 49,321 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Receivables Acquired with Deteriorated Credit Quality [Member] | ||
Loans | 0 | 0 |
Financing Receivables, 30 to 59 Days Past Due [Member] | ||
Past Due | 2,416 | 3,270 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Past Due | 2,225 | 2,444 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member] | ||
Past Due | 45 | 155 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Past Due | 3 | 352 |
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Past Due | 143 | 319 |
Financing Receivables, 60 to 89 Days Past Due [Member] | ||
Past Due | 723 | 825 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Past Due | 624 | 707 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Past Due | 51 | 52 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Past Due | 28 | 0 |
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Past Due | 20 | 66 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | ||
Past Due | 1,829 | 1,187 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Past Due | 1,511 | 1,021 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Past Due | 0 | 0 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Past Due | 30 | 27 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member] | ||
Past Due | 65 | 83 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Past Due | 179 | 13 |
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Past Due | $ 44 | $ 43 |
Note 3 - Loans and Allowance 33
Note 3 - Loans and Allowance for Loan Losses - Recorded Investment in Loans by Risk Category (Details) - USD ($) | Jun. 30, 2017 | Dec. 31, 2016 |
Loans | $ 399,152,000 | $ 385,764,000 |
Pass [Member] | ||
Loans | 387,668 | 372,497,000 |
Special Mention [Member] | ||
Loans | 4,051,000 | 3,087,000 |
Substandard [Member] | ||
Loans | 4,396,000 | 6,863,000 |
Doubtful [Member] | ||
Loans | 3,037,000 | 3,317,000 |
Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Loans | 135,240,000 | 138,377,000 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Pass [Member] | ||
Loans | 131,490 | 135,328,000 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Special Mention [Member] | ||
Loans | 437,000 | 403,000 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Substandard [Member] | ||
Loans | 886,000 | 721,000 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Doubtful [Member] | ||
Loans | 2,427,000 | 1,925,000 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Loans | 17,943,000 | 13,951,000 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Pass [Member] | ||
Loans | 17,738 | 13,795,000 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Special Mention [Member] | ||
Loans | 85,000 | 86,000 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Substandard [Member] | ||
Loans | 120,000 | 70,000 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Doubtful [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Loans | 25,135,000 | 19,489,000 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member] | ||
Loans | 25,135 | 19,489,000 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Loans | 93,843,000 | 96,669,000 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Pass [Member] | ||
Loans | 87,606 | 87,782,000 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Special Mention [Member] | ||
Loans | 2,725,000 | 1,892,000 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Substandard [Member] | ||
Loans | 3,309,000 | 5,991,000 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Doubtful [Member] | ||
Loans | 203,000 | 1,004,000 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Commercial Portfolio Segment [Member] | ||
Loans | 28,170,000 | 24,126,000 |
Commercial Portfolio Segment [Member] | Pass [Member] | ||
Loans | 27,182 | 23,246,000 |
Commercial Portfolio Segment [Member] | Special Mention [Member] | ||
Loans | 789,000 | 661,000 |
Commercial Portfolio Segment [Member] | Substandard [Member] | ||
Loans | 78,000 | 77,000 |
Commercial Portfolio Segment [Member] | Doubtful [Member] | ||
Loans | 121,000 | 142,000 |
Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Loans | 47,139,000 | 43,831,000 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Pass [Member] | ||
Loans | 46,894 | 43,601,000 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Special Mention [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Substandard [Member] | ||
Loans | 3,000 | 4,000 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Doubtful [Member] | ||
Loans | 242,000 | 226,000 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | ||
Loans | 51,682,000 | 49,321,000 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Pass [Member] | ||
Loans | 51,623 | 49,256,000 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Special Mention [Member] | ||
Loans | 15,000 | 45,000 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Substandard [Member] | ||
Loans | 0 | 0 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Doubtful [Member] | ||
Loans | 44,000 | 20,000 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | ||
Loans | $ 0 | $ 0 |
Note 3 - Loans and Allowance 34
Note 3 - Loans and Allowance for Loan Losses - Troubled Debt Restructuring by Accrual Status (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Recorded investment in loans | $ 399,152 | $ 385,764 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Recorded investment in loans | 135,240 | 138,377 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Recorded investment in loans | 93,843 | 96,669 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Recorded investment in loans | 47,139 | 43,831 |
Nonperforming Financial Instruments [Member] | ||
TDR related allowance for loan losses | 0 | 0 |
TDR accruing | 836 | 742 |
TDR nonaccrual | 101 | 397 |
Recorded investment in loans | 937 | 1,139 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
TDR related allowance for loan losses | 0 | 0 |
TDR accruing | 390 | 433 |
TDR nonaccrual | 0 | 229 |
Recorded investment in loans | 390 | 662 |
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
TDR related allowance for loan losses | 0 | 0 |
TDR accruing | 429 | 291 |
TDR nonaccrual | 101 | 168 |
Recorded investment in loans | 530 | 459 |
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
TDR related allowance for loan losses | 0 | 0 |
TDR accruing | 17 | 18 |
TDR nonaccrual | 0 | 0 |
Recorded investment in loans | $ 17 | $ 18 |
Note 3 - Loans and Allowance 35
Note 3 - Loans and Allowance for Loan Losses - Summary of PCI Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Carrying amount of PCI | $ 556 | $ 630 |
Residential Mortgage Segment [Member] | Residential Loan [Member] | ||
Carrying amount of PCI | 383 | 390 |
Residential Mortgage Segment [Member] | Commercial Real Estate Loan [Member] | ||
Carrying amount of PCI | $ 173 | $ 240 |
Note 3 - Loans and Allowance 36
Note 3 - Loans and Allowance for Loan Losses - Accretable Yield, or Income Expected to be Collected (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Balance at beginning of period | $ 244 | $ 145 | $ 252 | $ 319 |
New loans purchased | ||||
Accretion to income | (14) | (19) | (28) | (44) |
Disposals and other adjustments | (17) | (21) | (17) | (74) |
Reclassification (to) from nonaccretable difference | 10 | 60 | 16 | (36) |
Balance at end of period | $ 223 | $ 165 | $ 223 | $ 165 |
Note 4 - Supplemental Disclos37
Note 4 - Supplemental Disclosure for Earnings Per Share (Details Textual) - shares shares in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Restricted Stock [Member] | ||||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 0 | 0 | 0 |
Note 4 - Supplemental Disclos38
Note 4 - Supplemental Disclosure for Earnings Per Share - Supplemental Disclosure for Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | |
Net income attributable to First Capital, Inc. per common share, basic (in dollars per share) | $ 0.66 | $ 0.53 | $ 1.13 | $ 1.01 |
Net income attributable to First Capital, Inc. | $ 2,190 | $ 1,783 | $ 3,743 | $ 3,365 |
Weighted average common shares outstanding (in shares) | 3,323,552 | 3,339,063 | 3,323,552 | 3,339,082 |
Add: Dilutive effect of restricted stock (in shares) | 5,488 | 2,244 | 5,286 | 1,536 |
Weighted average common shares outstanding, as adjusted (in shares) | 3,329,040 | 3,341,307 | 3,328,838 | 3,340,618 |
Net income attributable to First Capital, Inc. per common share, diluted (in dollars per share) | $ 0.66 | $ 0.53 | $ 1.12 | $ 1.01 |
Note 5 - Stock Option Plan (Det
Note 5 - Stock Option Plan (Details Textual) - USD ($) | Feb. 17, 2015 | May 20, 2009 | Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 |
Restricted Stock [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 0 | |||||
Allocated Share-based Compensation Expense | $ 22,000 | $ 19,000 | $ 43,000 | $ 39,000 | ||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $ 257,000 | $ 257,000 | ||||
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition | 3 years | |||||
Restricted Stock [Member] | Vesting each Year on July 1, Beginning July 1, 2016 [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage | 20.00% | |||||
Restricted Stock [Member] | Officers, Directors and Key Employees [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | 19,500 | |||||
Share Price | $ 24.50 | |||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 478,000 | |||||
Equity Incentive Plan 2009 [Member] | ||||||
Maximum Fair Value of First Exercisable Stock Incentive Options | $ 100,000 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 0 | |||||
Equity Incentive Plan 2009 [Member] | Common Stock [Member] | ||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 223,000 | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 204,000 | 204,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period | 10 years |
Note 5 - Stock Option Plan - Su
Note 5 - Stock Option Plan - Summary of Nonvested Restricted Shares (Details) - Restricted Stock [Member] | 6 Months Ended |
Jun. 30, 2017$ / sharesshares | |
Nonvested, Weighted Number of Shares (in shares) | shares | 14,000 |
Nonvested, Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 24.50 |
Granted, Weighted Number of Shares (in shares) | shares | 0 |
Granted, Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 0 |
Vested, Weighted Number of Shares (in shares) | shares | 0 |
Vested, Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 0 |
Nonvested, Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 24.50 |
Forfeited, Weighted Number of Shares (in shares) | shares | 0 |
Forfeited, Average Grant Date Fair Value (in dollars per share) | $ / shares | $ 0 |
Nonvested, Weighted Number of Shares (in shares) | shares | 14,000 |
Note 6 - Supplemental Disclos41
Note 6 - Supplemental Disclosures of Cash Flow Information - Supplemental Disclosures of Cash Flow Information (Details) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2017 | Jun. 30, 2016 | |
Cash payments for: | ||
Interest | $ 724 | $ 978 |
Taxes (net of refunds received) | 1,430 | 54 |
Noncash investing activities: | ||
Transfers from loans to real estate acquired through foreclosure | $ 416 | $ 446 |
Note 7 - Fair Value Measureme42
Note 7 - Fair Value Measurements (Details Textual) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | Dec. 31, 2016 | |
Financial and Nonfinancial Liabilities, Fair Value Disclosure | $ 0 | $ 0 | $ 0 | ||
Provision for Loan and Lease Losses | 256,000 | $ 150,000 | 467,000 | $ 225,000 | |
Impaired Loan [Member] | |||||
Provision for Loan and Lease Losses | 3,000 | 0 | 5,000 | 106,000 | |
Foreclosed Real Estate [Member] | |||||
SEC Schedule III, Real Estate, Write-down or Reserve, Amount | $ 0 | $ 83,000 | $ 228,000 | $ 83,000 | |
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Minimum [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 33.00% | 33.00% | |||
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Maximum [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 63.00% | 65.00% | |||
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Weighted Average [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 49.00% | 39.00% | |||
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member] | Minimum [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 10.00% | 10.00% | |||
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member] | Maximum [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 73.00% | 77.00% | |||
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member] | Weighted Average [Member] | |||||
Fair Value Inputs, Estimated Selling Costs | 44.00% | 38.00% |
Note 7 - Fair Value Measureme43
Note 7 - Fair Value Measurements - Assets Measured at Fair Value on Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Securities available for sale | $ 277,162 | $ 255,844 |
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 119,497 | 108,237 |
Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 14,453 | 16,028 |
US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 71,023 | 68,662 |
Municipal Notes [Member] | ||
Securities available for sale | 71,765 | 62,843 |
Mutual Funds [Member] | ||
Securities available for sale | 424 | 74 |
Fair Value, Measurements, Recurring [Member] | ||
Securities available for sale | 277,162 | 255,844 |
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 119,497 | 108,237 |
Fair Value, Measurements, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 14,453 | 16,028 |
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 71,023 | 68,662 |
Fair Value, Measurements, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 71,765 | 62,843 |
Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | ||
Securities available for sale | 424 | 74 |
Fair Value, Measurements, Nonrecurring [Member] | ||
Foreclosed real estate | 3,953 | 4,674 |
Impaired loans | 3,495 | 3,622 |
Loans held for sale | 2,065 | 4,507 |
Fair Value, Measurements, Nonrecurring [Member] | Residential Mortgage Segment [Member] | ||
Foreclosed real estate | 375 | 226 |
Impaired loans | 2,694 | 2,060 |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Segment [Member] | ||
Foreclosed real estate | 3,528 | 4,448 |
Impaired loans | 435 | 100 |
Fair Value, Measurements, Nonrecurring [Member] | Commercial Business Segment [Member] | ||
Impaired loans | 81 | 231 |
Fair Value, Measurements, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 245 | 14 |
Fair Value, Measurements, Nonrecurring [Member] | Other Consumer Segment [Member] | ||
Impaired loans | 40 | |
Fair Value, Measurements, Nonrecurring [Member] | Land Segment [Member] | ||
Foreclosed real estate | 50 | |
Impaired loans | 1,217 | |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Securities available for sale | 424 | 74 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | ||
Securities available for sale | 424 | 74 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Loans held for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Mortgage Segment [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Segment [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Business Segment [Member] | ||
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Consumer Segment [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Land Segment [Member] | ||
Foreclosed real estate | 0 | |
Impaired loans | 0 | |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Securities available for sale | 276,738 | 255,770 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 119,497 | 108,237 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 14,453 | 16,028 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 71,023 | 68,662 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 71,765 | 62,843 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Loans held for sale | 2,065 | 4,507 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Mortgage Segment [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Segment [Member] | ||
Foreclosed real estate | 0 | 0 |
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Business Segment [Member] | ||
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Consumer Segment [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Land Segment [Member] | ||
Foreclosed real estate | 0 | |
Impaired loans | 0 | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | ||
Foreclosed real estate | 3,953 | 4,674 |
Impaired loans | 3,495 | 3,622 |
Loans held for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Residential Mortgage Segment [Member] | ||
Foreclosed real estate | 375 | 226 |
Impaired loans | 2,694 | 2,060 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Segment [Member] | ||
Foreclosed real estate | 3,528 | 4,448 |
Impaired loans | 435 | 100 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Commercial Business Segment [Member] | ||
Impaired loans | 81 | 231 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 245 | 14 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Consumer Segment [Member] | ||
Impaired loans | 40 | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | Land Segment [Member] | ||
Foreclosed real estate | $ 50 | |
Impaired loans | $ 1,217 |
Note 7 - Fair Value Measureme44
Note 7 - Fair Value Measurements - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2017 | Dec. 31, 2016 |
Securities available for sale | $ 277,162 | $ 255,844 |
Securities held to maturity | 2 | 2 |
Reported Value Measurement [Member] | ||
Loans held for sale | 2,065 | 4,507 |
Loans, net | 394,452 | 381,154 |
FHLB and other stock | 1,979 | 1,650 |
Accrued interest receivable | 2,485 | 2,363 |
Deposits | 680,366 | 664,650 |
Accrued interest payable | 114 | 133 |
Cash and cash equivalents | 36,353 | 45,835 |
Interest-bearing time deposits | 13,300 | 14,735 |
Securities available for sale | 277,162 | 255,844 |
Securities held to maturity | 2 | 2 |
Estimate of Fair Value Measurement [Member] | ||
Loans held for sale | 2,111 | 4,598 |
Loans, net | 394,125 | 381,459 |
FHLB and other stock | 1,979 | 1,650 |
Accrued interest receivable | 2,485 | 2,363 |
Deposits | 679,386 | 663,806 |
Accrued interest payable | 114 | 133 |
Cash and cash equivalents | 36,353 | 45,835 |
Interest-bearing time deposits | 13,309 | 14,786 |
Securities available for sale | 277,162 | 255,844 |
Securities held to maturity | 2 | 2 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Loans held for sale | 0 | 0 |
Loans, net | 0 | 0 |
FHLB and other stock | 0 | 0 |
Accrued interest receivable | 0 | 0 |
Deposits | 0 | 0 |
Accrued interest payable | 0 | 0 |
Cash and cash equivalents | 36,353 | 45,835 |
Interest-bearing time deposits | 0 | 0 |
Securities available for sale | 424 | 74 |
Securities held to maturity | 0 | 0 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Loans held for sale | 2,111 | 4,598 |
Loans, net | 0 | 0 |
FHLB and other stock | 1,979 | 1,650 |
Accrued interest receivable | 2,485 | 2,363 |
Deposits | 0 | 0 |
Accrued interest payable | 114 | 133 |
Cash and cash equivalents | 0 | 0 |
Interest-bearing time deposits | 13,309 | 14,786 |
Securities available for sale | 276,738 | 255,770 |
Securities held to maturity | 2 | 2 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Loans held for sale | 0 | 0 |
Loans, net | 394,125 | 381,459 |
FHLB and other stock | 0 | 0 |
Accrued interest receivable | 0 | 0 |
Deposits | 679,386 | 663,806 |
Accrued interest payable | 0 | 0 |
Cash and cash equivalents | 0 | 0 |
Interest-bearing time deposits | 0 | 0 |
Securities available for sale | 0 | 0 |
Securities held to maturity | $ 0 | $ 0 |