Patriot National Bancorp (PNBK) 10-Q 10 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	PATRIOT NATIONAL BANCORP INC
Trading Symbol	PNBK
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		3,953,949
Amendment Flag	false
Entity Central Index Key	1,098,146
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Cash and due from banks:
Noninterest bearing deposits and cash	$ 2,892	$ 2,095
Interest bearing deposits	50,201	71,163
Total cash and cash equivalents	53,093	73,258
Securities:
Available for sale securities, at fair value (Note 2)	31,640	33,682
Other investments	4,450	4,450
Federal Reserve Bank stock, at cost	2,020	2,058
Federal Home Loan Bank stock, at cost	6,628	6,628
Total securities	44,738	46,818
Loans receivable (net of allowance for loan losses: 2015: $5,208 2014: $4,924) (Note 3)	488,705	471,984
Accrued interest and dividends receivable	2,034	1,918
Premises and equipment, net	24,703	22,357
Deferred tax asset (Note 6)	14,221	14,926
Other assets	1,407	1,363
Total assets	628,901	632,624
Deposits (Note 4):
Noninterest bearing deposits	79,774	63,398
Interest bearing deposits	377,681	379,635
Total deposits	457,455	443,033
Federal Home Loan Bank borrowings	100,000	120,000
Junior subordinated debt owed to unconsolidated trust	8,248	8,248
Accrued expenses and other liabilities	3,121	2,608
Total liabilities	$ 568,824	$ 573,889
Commitments and Contingencies (Note 9)
Shareholders' equity (1) (Note 7)
Preferred stock, no par value; 1,000,000 shares authorized, no shares issued and outstanding
Common stock, $.01 par value, 100,000,000 shares authorized; 2015: 3,955,119 shares issued; 3,953,949 shares outstanding. 2014 : 3,952,179 shares issued; 3,951,009 shares outstanding	$ 396	$ 395
Additional paid-in capital (Note 5)	105,979	105,752
Accumulated deficit	(45,997)	(46,975)
Less: Treasury stock, at cost: 2015 and 2014, 1,170 shares	(160)	(160)
Accumulated other comprehensive loss (Note 8)	(141)	(277)
Total shareholders' equity	60,077	58,735
Total liabilities and shareholders' equity	$ 628,901	$ 632,624

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Net of allowance for loan losses (in Dollars)	$ 5,208	$ 4,924
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Preferred stock, par value (in Dollars per share)	$ 0	$ 0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,955,119	3,952,179
Common stock, shares outstanding	3,953,949	3,951,009
Treasury stock, shares	1,170	1,170

Consolidated Statements of Oper

Consolidated Statements of Operations [Unaudited] - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest and Dividend Income
Interest and fees on loans		$ 5,924,000	$ 4,667,000	$ 11,470,000	$ 9,358,000
Interest on investment securities		119,000	133,000	235,000	268,000
Dividends on investment securities		60,000	42,000	117,000	83,000
Other interest income		17,000	14,000	46,000	26,000
Total interest and dividend income		6,120,000	4,856,000	11,868,000	9,735,000
Interest Expense
Interest on deposits		513,000	607,000	1,042,000	1,244,000
Interest on Federal Home Loan Bank borrowings		85,000	33,000	156,000	66,000
Interest on subordinated debt		73,000	82,000	144,000	282,000
Total interest expense		671,000	722,000	1,342,000	1,592,000
Net interest income		5,449,000	4,134,000	10,526,000	8,143,000
Provision for Loan Losses				250,000
Net interest income after provision for loan losses		5,449,000	4,134,000	10,276,000	8,143,000
Non-Interest Income
Loan application, inspection & processing fees		105,000	100,000	155,000	166,000
Deposit fees and service charges		147,000	233,000	321,000	452,000
Earnings on cash surrender value of life insurance			116,000		237,000
Other income		199,000	174,000	369,000	361,000
Total non-interest income		451,000	623,000	845,000	1,216,000
Non-Interest Expense
Salaries and benefits		2,395,000	1,976,000	4,739,000	3,947,000
Occupancy and equipment expense		909,000	865,000	1,864,000	1,787,000
Data processing expense		255,000	279,000	505,000	529,000
Professional and other outside services		391,000	457,000	960,000	928,000
Advertising and promotional expenses		137,000	73,000	187,000	124,000
Loan administration and processing expenses		7,000	19,000	29,000	36,000
Regulatory assessments		157,000	237,000	311,000	467,000
Insurance expense		83,000	78,000	164,000	175,000
Other real estate operations, net			(4,000)		12,000
Material and communications		106,000	84,000	187,000	177,000
Other operating expenses		319,000	168,000	544,000	333,000
Total non-interest expense		4,759,000	4,232,000	9,490,000	8,515,000
Income before income taxes		1,141,000	525,000	1,631,000	844,000
Provision for income taxes		452,000	0	653,000	0
Net income		$ 689,000	$ 525,000	$ 978,000	$ 844,000
Basic and diluted income per share (1) (in Dollars per share)	[1],[2]	$ 0.18	$ 0.14	$ 0.25	$ 0.22
[1]	All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015
[2]	All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 689,000	$ 525,000	$ 978,000	$ 844,000
Other comprehensive (loss) income:
Unrealized holding (losses) gains on available for sale securities arising during the period, net of taxes	(27,000)	108,000	136,000	501,000
Total comprehensive income	$ 662,000	$ 633,000	$ 1,114,000	$ 1,345,000

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity [Unaudited] - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance at Dec. 31, 2013	$ 388,000	$ 105,484,000	$ (62,684,000)	$ (160,000)	$ (1,187,000)	$ 41,841,000
Net income			844,000			844,000
Other comprehensive income					501,000	501,000
Share-based compensation expense		130,000				130,000
Issuance of restricted stock	4,000	(4,000)
Ending balance at Jun. 30, 2014	392,000	105,610,000	(61,840,000)	(160,000)	(686,000)	43,316,000
Beginning balance at Dec. 31, 2014	395,000	105,752,000	(46,975,000)	(160,000)	(277,000)	58,735,000
Net income			978,000			978,000
Other comprehensive income					136,000	136,000
Share-based compensation expense		228,000				228,000
Issuance of restricted stock	1,000	(1,000)
Ending balance at Jun. 30, 2015	$ 396,000	$ 105,979,000	$ (45,997,000)	$ (160,000)	$ (141,000)	$ 60,077,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows [Unaudited] - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net income	$ 978,000	$ 844,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of investment premiums	107,000	128,000
Amortization and accretion of purchase loan premiums and discounts, net	158,000	40,000
Provision for loan losses	250,000
Earnings on cash surrender value of life insurance		(237,000)
Depreciation and amortization	499,000	573,000
Loss on sale of other real estate owned		4,000
Share-based compensation	228,000	130,000
Deferred income taxes	619,000
Changes in assets and liabilities:
Decrease in net deferred loan costs	232,000	76,000
(Increase) decrease in accrued interest and dividends receivable	(116,000)	11,000
(Increase) decrease in other assets	(44,000)	346,000
Increase (decrease) in accrued expenses and other liabilities	513,000	(1,898,000)
Net cash provided by operating activities	3,424,000	17,000
Cash Flows from Investing Activities:
Principal repayments on available for sale securities	2,157,000	2,388,000
Redemptions (purchases) of Federal Reserve Bank stock	38,000	(73,000)
(Increase) decrease in loans	(17,361,000)	15,246,000
Purchase of other real estate owned		(264,000)
Proceeds from sale of other real estate owned		260,000
Purchase of bank premises and equipment, net	(2,845,000)	(3,739,000)
Net cash (used in) provided by investing activities	(18,011,000)	13,818,000
Cash Flows from Financing Activities:
Net increase (decrease) in deposits	14,422,000	(3,772,000)
(Decrease) increase in FHLB borrowings	(20,000,000)	15,000,000
Net cash (used in) provided by financing activities	(5,578,000)	11,228,000
Net (decrease) increase in cash and cash equivalents	(20,165,000)	25,063,000
Cash and Cash Equivalents:
Beginning	73,258,000	34,866,000
Ending	53,093,000	59,929,000
Supplemental Disclosures of Cash Flow Information
Interest paid	1,144,000	2,965,000
Income taxes paid	$ 3,000	$ 3,000

Note 1 - Basis of Financial Sta

Note 1 - Basis of Financial Statement Presentation	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Basis of Accounting [Text Block]	Note 1: Basis of Financial Statement Presentation The Consolidated Balance Sheet at December 31, 2014 has been derived from the audited financial statements of Patriot National Bancorp, Inc. (“Bancorp” or the “Company”) at that date, but does not include all of the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. The accompanying unaudited financial statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted. The accompanying consolidated financial statements and related notes should be read in conjunction with the previously filed audited financial statements of Bancorp and notes thereto for the year ended December 31, 2014. The information furnished reflects, in the opinion of management, all normal recurring adjustments necessary for a fair presentation of the results for the interim periods presented. The results of operations for the six months ended June 30, 2015 are not necessarily indicative of the results of operations that may be expected for the remainder of 2015.

Note 2 - Investment Securities

Note 2 - Investment Securities	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2: Investment Securities The amortized cost, gross unrealized gains and losses and approximate fair values of available-for-sale securities at June 30, 2015 and December 31, 2014 are as follows: Gross Gross (in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value June 30, 2015: U.S. Government agency bonds $ 7,500 $ - $ (71 ) $ 7,429 U. S. Government agency mortgage-backed securities 15,372 - (197 ) 15,175 Corporate bonds 9,000 80 (44 ) 9,036 $ 31,872 $ 80 $ (312 ) $ 31,640 December 31, 2014: U. S. Government agency bonds $ 7,500 $ - $ (91 ) $ 7,409 U. S. Government agency mortgage-backed securities 17,635 - (298 ) 17,337 Corporate bonds 9,000 - (64 ) 8,936 $ 34,135 $ - $ (453 ) $ 33,682 There were no purchases or sales of available-for-sale securities in 2015 and 2014. The following table presents the gross unrealized loss and fair value of Bancorp’s available-for-sale securities, aggregated by the length of time the individual securities have been in a continuous loss position, at June 30, 2015 and December 31, 2014: Less Than 12 Months 12 Months or More Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss June 30, 2015: U.S. Government agency bonds $ 7,429 $ (71 ) $ - $ - $ 7,429 $ (71 ) U. S. Government agency mortgage - backed securities 3,296 (42 ) 11,879 (155 ) 15,175 (197 ) Corporate bonds - - 5,956 (44 ) 5,956 (44 ) Totals $ 10,725 $ (113 ) $ 17,835 $ (199 ) $ 28,560 $ (312 ) December 31, 2014: U. S. Government agency bonds $ - $ - $ 7,409 $ (91 ) $ 7,409 $ (91 ) U. S. Government agency mortgage - backed securities - - 17,337 (298 ) 17,337 (298 ) Corporate bonds - - 8,936 (64 ) 8,936 (64 ) Totals $ - $ - $ 33,682 $ (453 ) $ 33,682 $ (453 ) At June 30, 2015, ten of eleven available-for-sale securities had unrealized holding losses with aggregate depreciation of 0.7% from the amortized cost. At December 31, 2014, all eleven securities had unrealized losses with aggregate depreciation of 1.3% from the amortized cost. Bancorp performs a quarterly analysis of those securities that are in an unrealized loss position to determine if those losses qualify as other-than-temporary impairments. This analysis considers the following criteria in its determination: the ability of the issuer to meet its obligations, management’s plans and ability to maintain its investment in the security, the length of time and the amount by which the security has been in a loss position, the interest rate environment, the general economic environment and prospects or projections for improvement or deterioration. Management believes that none of the unrealized losses on available-for-sale securities noted above are other than temporary due to the fact that they relate to market interest rate changes on U.S. Government agency debt, corporate debt and mortgage-backed securities issued by U.S. Government agencies. Management considers the issuers of the securities to be financially sound, the corporate bonds are investment grade and the Company expects to receive all contractual principal and interest related to these investments. Because the Company does not intend to sell the investments, and it will not be required to sell the investments before recovery of their amortized cost basis, which may be at maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2015. The amortized cost and fair value of available-for-sale debt securities at June 30, 2015 by contractual maturity are presented below. Actual maturities of mortgage-backed securities may differ from contractual maturities because the mortgages underlying the securities may be prepaid without any penalties. Because mortgage-backed securities are not due at a single maturity date, they are not included in the maturity categories in the following summary: Gross (in thousands) Unrealized Amortized Cost Fair Value Gain/ (Losses) Maturity: Corporate bonds 5 to 10 years $ 9,000 $ 9,036 $ 36 U.S. Government agency bonds < 5 years 2,500 2,494 (6 ) U.S. Government agency bonds 5 to 10 years 5,000 4,935 (65 ) U.S. Government agency mortgage-backed securities 15,372 15,175 (197 ) Total $ 31,872 $ 31,640 $ (232 ) At June 30, 2015 and December 31, 2014, securities of $6.2 million and $7.4 million respectively, were pledged with the Federal Reserve Bank of New York to secure municipal deposits.

Note 3 - Loans Receivable and A

Note 3 - Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 3: Loans Receivable and Allowance for Loan Losses A summary of the Company’s loan portfolio at June 30, 2015 and December 31, 2014 is as follows: (in thousands) June 30, December 31, 2015 2014 Commercial $ 56,960 $ 53,973 Commercial Real Estate 273,653 254,505 Construction 8,878 3,096 Construction to permanent 9,370 10,627 Residential 97,501 108,543 Consumer 47,551 46,164 Total Loans 493,913 476,908 Allowance for loan losses (5,208 ) (4,924 ) Loans receivable, net $ 488,705 $ 471,984 The Company's lending activities are conducted principally in Fairfield and New Haven Counties in Connecticut and Westchester County in New York. The Company originates commercial real estate loans, commercial business loans, construction loans and a variety of consumer loans. In addition, the Company previously had originated loans on residential real estate. All residential and commercial mortgage loans are collateralized primarily by first or second mortgages on real estate. The ability and willingness of borrowers to satisfy their loan obligations is dependent to some degree on the status of the regional economy as well as upon the regional real estate market. Accordingly, the ultimate collectability of a substantial portion of the loan portfolio and the recovery of a substantial portion of any resulting real estate acquired is susceptible to changes in market conditions. The Company has established credit policies applicable to each type of lending activity in which it engages, evaluates the creditworthiness of each customer and, in most cases, extends credit of up to 75% of the market value of the collateral for commercial real estate at the date of the credit extension depending on the Company's evaluation of the borrowers' creditworthiness and type of collateral and up to 80% for multi–family real estate. In the case of construction loans, the maximum loan-to-value is 75% of the “as completed” appraised value. The appraised value of collateral is monitored on an ongoing basis and additional collateral is requested when warranted. Real estate is the primary form of collateral. Other important forms of collateral are accounts receivable, inventory, other business assets, marketable securities and time deposits. Risk characteristics of the Company’s portfolio classes include the following: Commercial Real Estate Loans – Commercial and Industrial Loans Residential Real Estate Loans Construction Loans Other/Consumer Loans The Company does not have any lending programs commonly referred to as subprime lending. Subprime lending generally targets borrowers with weakened credit histories typically characterized by payment delinquencies, previous charge-offs, judgments, bankruptcies, or borrowers with questionable repayment capacity as evidenced by low credit scores or high debt-burdened ratios. The following table sets forth activity in our allowance for loan losses, by loan type, for the three months and six months ended June 30, 2015. The following table also details the amount of loans receivable that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan portfolio segment. (in thousands) Three months ended June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 1,297 $ 2,024 $ 222 $ 191 $ 730 $ 711 $ 18 $ 5,193 Charge-offs - - - - - - - - Recoveries 14 - - - - 1 - 15 Provision (329 ) 293 53 (41 ) (70 ) 14 80 - Ending Balance $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 Six months ended June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 1,918 $ 1,419 $ 63 $ 215 $ 831 $ 478 $ - $ 4,924 Charge-offs - - - - (3 ) (7 ) - (10 ) Recoveries 30 - - 5 - 9 - 44 Provision (966 ) 898 212 (70 ) (168 ) 246 98 250 Ending Balance $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment 982 2,317 275 150 660 726 98 5,208 Total Allowance for Loan Losses $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 Total Loans ending balance $ 56,960 $ 273,653 $ 8,878 $ 9,370 $ 97,501 $ 47,551 $ - $ 493,913 Ending balance: individually evaluated for impairment $ - $ 8,002 $ - $ - $ 3,386 $ 550 $ - $ 11,938 Ending balance: collectively evaluated for impairment $ 56,960 $ 265,651 $ 8,878 $ 9,370 $ 94,115 $ 47,001 $ - $ 481,975 The following table sets forth activity in our allowance for loan losses, by loan type, for the three months and six months ended June 30, 2014. The following table also details the amount of loans receivable that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan portfolio segment. (in thousands) Three months ended June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 2,371 $ 1,320 $ 260 $ 34 $ 704 $ 539 $ 252 $ 5,480 Charge-offs (2 ) - (260 ) - (18 ) (5 ) - (285 ) Recoveries 4 15 - - - - - 19 Provision 105 (210 ) - 115 (56 ) 160 (114 ) - Ending Balance $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 Six months ended June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 2,285 $ 1,585 $ 260 $ 25 $ 795 $ 534 $ 197 $ 5,681 Charge-offs (11 ) - (260 ) - (195 ) (36 ) - (502 ) Recoveries 4 30 - - - 1 - 35 Provision 200 (490 ) - 124 30 195 (59 ) - Ending Balance $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Ending balance: individually evaluated for impairment $ 1,750 $ 307 $ - $ - $ - $ 5 $ - $ 2,062 Ending balance: collectively evaluated for impairment 728 818 - 149 630 689 138 3,152 Total Allowance for Loan Losses $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 Total Loans ending balance $ 37,849 $ 219,762 $ - $ 14,436 $ 89,517 $ 45,781 $ - $ 407,345 Ending balance: individually evaluated for impairment $ 7,291 $ 11,610 $ - $ - $ 5,115 $ 588 $ - $ 24,604 Ending balance: collectively evaluated for impairment $ 30,558 $ 208,152 $ - $ 14,436 $ 84,402 $ 45,193 $ - $ 382,741 The following table details for the year ended December 31, 2014 the amount of loans receivable that were evaluated individually, and collectively, for impairment, and the related portion of the allowance for the loans losses that was allocated to each loan portfolio segment: (in thousands) December 31, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Total Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ 7 $ 7 Ending balance: collectively evaluated for impairment 1,918 1,419 63 215 831 471 4,917 Total Allowance for Loan Losses $ 1,918 $ 1,419 $ 63 $ 215 $ 831 $ 478 $ 4,924 Total Loans ending balance $ 53,973 $ 254,505 $ 3,096 $ 10,627 $ 108,543 $ 46,164 $ 476,908 Ending balance: individually evaluated for impairment 2 7,398 - - 3,764 560 11,724 Ending balance: collectively evaluated for impairment $ 53,971 $ 247,107 $ 3,096 $ 10,627 $ 104,779 $ 45,604 $ 465,184 T he Company monitors the credit quality of its loans receivable in an ongoing manner. Credit quality is monitored by reviewing certain credit quality indicators and trends, including but not limited to, loan to value ratios, debt service coverage ratios, debt to worth ratios, profitability ratios, cash flows and credit scores. Appraisals on properties securing non-performing loans and Other Real Estate Owned (“OREO”) are updated annually. We update our impairment analysis monthly based on the most recent appraisal as well as other factors (such as senior lien positions, property taxes, etc.). The majority of the Company’s impaired loans have been resolved through courses of action other than via liquidations of real estate collateral through OREO. These include normal loan payoffs, the traditional workout process, triggering personal guarantee obligations, and troubled debt restructurings. However, as loan workout efforts progress to a point where the bank’s liquidation of real estate collateral is the likely outcome, the impairment analysis is updated to reflect actual recent experience with bank sales of OREO properties. A disposition discount is built into our impairment analysis and reflected in our allowance once a property is determined to be a likely OREO (e.g. foreclosure is probable). To determine the discount we compare the average sales prices of our prior OREO properties to the appraised value that was obtained as of the date when we took title to the property. The difference is the bank-owned disposition discount. The Company has a risk rating system as part of the risk assessment of its loan portfolio. The Company’s lending officers are required to assign a risk rating to each loan in their portfolio at origination, which is ratified or modified by the Committee to which the loan is submitted for approval. When the lender learns of important financial developments, the risk rating is reviewed and adjusted if necessary. Similarly, the Loan Committee can adjust a risk rating. The Company employs a system to ensure an independent review of the ratings annually for commercial credits over $250,000. The Company uses an independent third party loan reviewer who performs quarterly reviews of a sample of loans, validating the Bank’s risk ratings assigned to such loans. Any upgrades to classified loans must be approved by the Management Loan Committee. When assigning a risk rating to a loan, management utilizes the Bank’s internal eleven-point risk rating system. An asset is considered “special mention” when it has a potential weakness based on objective evidence, but does not currently expose the Company to sufficient risk to warrant classification in one of the following categories: ● An asset is considered “substandard” if it is not adequately protected by the current net worth and paying capacity of the obligor or the collateral pledged, if any. Substandard assets have well defined weaknesses based on objective evidence, and are characterized by the “distinct possibility” that the Company will sustain “some loss” if the deficiencies are not corrected. ● Assets classified as “doubtful” have all of the weaknesses inherent in those classified “substandard” with the added characteristic that the weaknesses present make “collection or liquidation in full,” on the basis of currently existing facts, conditions, and values, “highly questionable and improbable.” Charge–off generally commences after the loan is classified “doubtful” to reduce the loan to its recoverable balance. If the account is classified as “loss”, the full balance is charged off regardless of the potential recovery from the sale of the collateral. That amount is recognized as a recovery after the collateral is sold. In accordance with FFIEC (“Federal Financial Institutions Examination Council”) published policies establishing uniform criteria for the classification of retail credit based on delinquency status, “Open-end” credits are charged-off when 180 days delinquent and “Closed-end” credits are charged-off when 120 days delinquent. I ncluded in loans receivable are loans for which the accrual of interest income has been discontinued due to deterioration in the financial condition of the borrowers. The unpaid principal balances of loans on nonaccrual status and considered impaired were $511,000 at June 30, 2015 and $866,000 at December 31, 2014. If non-accrual loans had been performing in accordance with their contractual terms, the Company would have recorded approximately $4,000 of additional income during the quarter ended June 30, 2015 and $51,000 during the quarter ended June 30, 2014. If non-accrual loans had been performing in accordance with their contractual terms, the Company would have recorded approximately $8,000 of additional income during the six months ended June 30, 2015 and $84,000 during the six months ended June 30, 2014. The following table sets forth the detail, and delinquency status, of non-accrual loans at June 30, 2015 : (in thousands) Non-Accrual Loans 2015 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Non-Accrual Loans Commercial Real Estate Substandard $ - $ - $ - $ - $ 131 $ 131 Total Commercial Real Estate $ - $ - $ - $ - $ 131 $ 131 Residential Real Estate Substandard $ - $ - $ 380 $ 380 $ - $ 380 Total Residential Real Estate $ - $ - $ 380 $ 380 $ - $ 380 Total $ - $ - $ 380 $ 380 $ 131 $ 511 Generally, loans are placed on non-accruing status when they become 90 days or more delinquent, and remain on non-accrual status until they are brought current, have at least six months of performance under the loan terms, and factors indicating reasonable doubt about the timely collection of payments no longer exist. Therefore, loans may be current in accordance with their loan terms, or may be less than 90 days delinquent and still be on a non-accruing status. At June 30, 2015, two loans were on non-accrual status. One loan of $131,000 or 25.6% of the non-accruing loan balance of $511,000 was current with payments which were being applied to principal. There were three loans totaling $1.5 million which were past due ninety days or more and accruing interest at June 30, 2015. One of them is a residential mortgage loan which had been in non-accrual status from September 2012 until December 31, 2014. The customer has been making regular payments since September 2013, however, the loan is greater than 90 days past due because not all prior payments owed have been brought current. The other two loans totaling $7,000 were consumer credit card loans which are written off when they are past 120 days due. At December 31, 2014, there were five loans totaling $1.8 million which were past due ninety days or more and accruing interest. One loan of $1.6 million was a residential mortgage loan. The other four loans were mature lines of credit totaling $279,000, which were in the process of renewal. Three of these loans were renewed, and one paid off. (in thousands) Non-Accrual Loans 2014 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Non-Accrual Loans Commercial Substandard $ - $ - $ 2 $ 2 $ - $ 2 Total Commercial $ - $ - $ 2 $ 2 $ - $ 2 Commercial Real Estate Substandard $ - $ - $ - $ - $ 138 $ 138 Total Commercial Real Estate $ - $ - $ - $ - $ 138 $ 138 Residential Real Estate Substandard $ - $ - $ 719 $ 719 $ - $ 719 Total Residential Real Estate $ - $ - $ 719 $ 719 $ - $ 719 Consumer Substandard $ - $ - $ 7 $ 7 $ - $ 7 Total Consumer $ - $ - $ 7 $ 7 $ - $ 7 Total $ - $ - $ 728 $ 728 $ 138 $ 866 The following table sets forth the detail and delinquency status of loans receivable, by performing and non-performing loans at December 31, 2014. (in thousands) Performing (Accruing) Loans 2015 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Performing Loans Total Non- Accrual Loans Total Loans Commercial Pass $ 1,976 $ - $ - $ 1,976 $ 49,475 $ 51,451 $ - $ 51,451 Special Mention - - - - 106 106 - 106 Substandard - - - - 5,403 5,403 - 5,403 Total Commercial $ 1,976 $ - $ - $ 1,976 $ 54,984 $ 56,960 $ - $ 56,960 Commercial Real Estate Pass $ 138 $ - $ - $ 138 $ 264,711 $ 264,849 $ - $ 264,849 Special Mention - - - - 6,955 6,955 - 6,955 Substandard - - - - 1,718 1,718 131 1,849 Total Commercial Real Estate $ 138 $ - $ - $ 138 $ 273,384 $ 273,522 $ 131 $ 273,653 Construction Pass $ - $ - $ - $ - $ 8,878 $ 8,878 $ - $ 8,878 Total Construction $ - $ - $ - $ - $ 8,878 $ 8,878 $ - $ 8,878 Construction to Permanent Pass $ - $ - $ - $ - $ 9,370 $ 9,370 $ - $ 9,370 Total Construction to Permanent $ - $ - $ - $ - $ 9,370 $ 9,370 $ - $ 9,370 Residential Real Estate Pass $ 171 $ 84 $ 1,522 $ 1,777 $ 95,344 $ 97,121 $ - $ 97,121 Substandard - - - - - - 380 380 Total Residential Real Estate $ 171 $ 84 $ 1,522 $ 1,777 $ 95,344 $ 97,121 $ 380 $ 97,501 Consumer Pass $ 15 $ 102 $ 7 $ 124 $ 47,427 $ 47,551 $ - $ 47,551 Total Consumer $ 15 $ 102 $ 7 $ 124 $ 47,427 $ 47,551 $ - $ 47,551 Total Pass $ 2,300 $ 186 $ 1,529 $ 4,015 $ 475,205 $ 479,220 $ - $ 479,220 Special Mention - - - - 7,061 7,061 - 7,061 Substandard - - - - 7,121 7,121 511 7,632 Grand Total $ 2,300 $ 186 $ 1,529 $ 4,015 $ 489,387 $ 493,402 $ 511 $ 493,913 The following table sets forth the detail and delinquency status of loans receivable, by performing and non-performing loans at December 31, 2014. (in thousands) Performing (Accruing) Loans 2014 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Performing Loans Total Non- Accrual Loans Total Loans Commercial Pass $ 1,520 $ - $ 279 $ 1,799 $ 46,279 $ 48,078 $ - $ 48,078 Special Mention - - - - 121 121 - 121 Substandard - - - - 5,772 5,772 2 5,774 Total Commercial $ 1,520 $ - $ 279 $ 1,799 $ 52,172 $ 53,971 $ 2 $ 53,973 Commercial Real Estate Pass $ - $ - $ - $ - $ 248,132 $ 248,132 $ - $ 248,132 Special Mention 1,041 - - 1,041 2,887 3,928 - 3,928 Substandard - 815 - 815 1,492 2,307 138 2,445 Total Commercial Real Estate $ 1,041 $ 815 $ - $ 1,856 $ 252,511 $ 254,367 $ 138 $ 254,505 Construction Pass $ - $ - $ - $ - $ 3,096 $ 3,096 $ - $ 3,096 Total Construction $ - $ - $ - $ - $ 3,096 $ 3,096 $ - $ 3,096 Construction to Permanent Pass $ - $ - $ - $ - $ 10,627 $ 10,627 $ - $ 10,627 Total Construction to Permanent $ - $ - $ - $ - $ 10,627 $ 10,627 $ - $ 10,627 Residential Real Estate Pass $ 172 $ 87 $ 1,553 $ 1,812 $ 106,012 $ 107,824 $ - $ 107,824 Substandard - - - - - - 719 719 Total Residential Real Estate $ 172 $ 87 $ 1,553 $ 1,812 $ 106,012 $ 107,824 $ 719 $ 108,543 Consumer Pass $ - $ 2 $ - $ 2 $ 46,155 $ 46,157 $ - $ 46,157 Substandard - - - - - - 7 7 Total Consumer $ - $ 2 $ - $ 2 $ 46,155 $ 46,157 $ 7 $ 46,164 Total Pass $ 1,692 $ 89 $ 1,832 $ 3,613 $ 460,301 $ 463,914 $ - $ 463,914 Special Mention 1,041 - - 1,041 3,008 4,049 - 4,049 Substandard - 815 - 815 7,264 8,079 866 8,945 Grand Total $ 2,733 $ 904 $ 1,832 $ 5,469 $ 470,573 $ 476,042 $ 866 $ 476,908 Impaired loans consist of non-accrual loans, troubled debt restructurings (“TDRs”), and loans previously classified as TDRs that have been upgraded. The recorded investment of impaired loans at June 30, 2015 and December 31, 2014 was $11.9 million and $11.7 million, with related allowances of $0 and $7,000 respectively. The following table summarizes impaired loans by loan portfolio class as of June 30,2015 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial $ - $ 98 $ - Commercial Real Estate 8,002 8,836 - Construction - 287 - Residential 3,386 3,414 - Consumer 550 637 - Total: $ 11,938 $ 13,272 $ - With an allowance recorded: Commercial $ - $ - $ - Commercial Real Estate - - - Construction - - - Residential - - - Consumer - - - Total: $ - $ - $ - Commercial $ - $ 98 $ - Commercial Real Estate 8,002 8,836 - Construction - 287 - Residential 3,386 3,414 - Consumer 550 637 - Total: $ 11,938 $ 13,272 $ - The following table summarizes impaired loans by loan portfolio class as of December 31,2014 (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial $ 2 $ 104 $ - Commercial Real Estate 7,398 8,249 - Construction - 732 - Residential 3,764 3,793 - Consumer 553 633 - Total: $ 11,717 $ 13,511 $ - With an allowance recorded: Commercial $ - $ - $ - Commercial Real Estate - - - Construction - - - Residential - - - Consumer 7 7 7 Total: $ 7 $ 7 $ 7 Commercial $ 2 $ 104 $ - Commercial Real Estate 7,398 8,249 - Construction - 732 - Residential 3,764 3,793 - Consumer 560 640 7 Total: $ 11,724 $ 13,518 $ 7 Included in the tables above at June 30, 2015 and December 31, 2014 are loans with carrying balances of $11.9 million and $11.7 million that required no specific reserves in our allowance for loan losses. Loans that did not require specific reserves have sufficient collateral values, less costs to sell, supporting the carrying balances of the loans. In some cases, there may be no specific reserves because the Company already charged-off the specific impairment. Once a borrower is in default, the Company is under no obligation to advance additional funds on unused commitments. The following tables summarizes additional information regarding impaired loans for the three months and six months ended June 30, 2015 and 2014. Three Months Ended June 30 2015 2014 (in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ - $ - $ 436 $ - Commercial Real Estate 8,025 94 8,661 86 Construction - - - - Residential 3,392 32 4,761 32 Consumer 551 5 584 5 Total: $ 11,968 $ 131 $ 14,442 $ 123 With an allowance recorded: Commercial $ - $ - $ 6,017 $ - Commercial Real Estate - - 1,091 - Construction - - 173 - Residential - - 381 - Consumer - - 3 - Total: $ - $ - $ 7,665 $ - Commercial $ - $ - $ 6,453 $ - Commercial Real Estate 8,025 94 9,752 86 Construction - - 173 - Residential 3,392 32 5,142 32 Consumer 551 5 587 5 Total: $ 11,968 $ 131 $ 22,107 $ 123 Six Months Ended June 30 2015 2014 (in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1 $ - $ 219 $ - Commercial Real Estate 8,160 188 8,301 157 Construction - - 397 - Residential 3,459 63 4,791 65 Consumer 552 9 585 14 Total: $ 12,172 $ 260 $ 14,293 $ 236 With an allowance recorded: Commercial $ - $ - $ 6,047 $ - Commercial Real Estate - - 625 - Construction - - 217 - Residential - - 511 - Consumer 1 - 2 - Total: $ 1 $ - $ 7,402 $ - Commercial $ 1 $ - $ 6,266 $ - Commercial Real Estate 8,160 188 8,926 157 Construction - - 614 - Residential 3,459 63 5,302 65 Consumer 553 9 587 14 Total: $ 12,173 $ 260 $ 21,695 $ 236 On a case-by-case basis, the Company may agree to modify the contractual terms of a borrower’s loan to assist customers who may be experiencing financial difficulty. If the borrower is experiencing financial difficulties and a concession has been made, the loan is classified as a troubled debt restructured loan. No loans were modified in troubled debt restructurings during the six months ended June 30, 2015. Substantially all of our troubled debt restructured loan modifications involve lowering the monthly payments on such loans through either a reduction in interest rate below market rate, an extension of the term of the loan, or a combination of these two methods. These modifications rarely result in the forgiveness of principal or accrued interest. In addition, we frequently obtain additional collateral or guarantor support when modifying commercial loans. If the borrower had demonstrated performance under the previous terms and our underwriting process shows the borrower has the capacity to continue to perform under the restructured terms, the loan will continue to accrue interest. Non-accruing restructured loans may be returned to accrual status when there has been a sustained period of repayment performance (generally six consecutive months of payments) and both principal and interest are deemed collectible. All troubled debt restructurings are classified as impaired loans, which are individually evaluated for impairment.

Note 4 - Deposits

Note 4 - Deposits	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	Note 4: Deposits The following table is a summary of the Company’s deposits at: June 30, December 31, (in thousands) 2015 2014 Non-interest bearing $ 79,774 $ 63,398 Interest bearing NOW 30,558 26,269 Savings 94,531 93,790 Money market 21,685 24,650 Time certificates, less than $100,000 94,362 106,340 Time certificates, $100,000 or more 88,346 97,876 Brokered Deposits 48,199 30,710 Total interest bearing 377,681 379,635 Total Deposits $ 457,455 $ 443,033

Note 5 - Share-Based Compensati

Note 5 - Share-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 5: Share-Based Compensation The Company maintains the Patriot National Bancorp, Inc. 2012 Stock Plan to provide an incentive to directors and employees of the Company by the grant of options, restricted stock awards or phantom stock units. The Plan provides for the issuance of up to 3,000,000 shares of the Company’s common stock subject to certain Plan limitations. As of June 30, 2015, 2,878,805 shares of stock remain available for issuance under the Plan. The vesting of restricted stock awards and options may be accelerated in accordance with terms of the plan. The Compensation Committee shall determine the vesting of restricted stock awards and stock options. Restricted stock grants are available to directors and employees and generally vest in annual installments over a three, four or five year period from the date of grant. The Company is expensing the grant date fair value of all share-based compensation over the requisite vesting periods on a prorated straight-line basis. During the three months ended June 30, 2015 and June 30, 2014, the Company recorded $114,000 and $72,000 of total stock-based compensation, respectively. During the six months ended June 30, 2015 and June 30, 2014, the Company recorded $228,000 and $130,000 of total stock-based compensation, respectively. During the six months ended June 30, 2015, there were 2,940 shares granted under the 2012 Stock Plan. The following is a summary of the status of the Company’s restricted shares as of June 30, 2015, and changes therein during the period then ended. Number of Shares Weighted Average Grant Date Fair Awarded (1) Value (1) Non-vested at December 31, 2014 79,208 $ 12.79 Granted 2,940 17.00 Vested (450 ) 17.25 Non-vested at June 30, 2015 81,698 $ 12.92 (1) All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015 . Expected future stock award expense related to the non-vested restricted awards as of June 30, 2015, is $875,000 over an average period of 2.48 years. The Company had no outstanding stock options at June 30, 2015.

Note 6 - Income Taxes

Note 6 - Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note 6: Income Taxes For the three month and six month periods ended June 30, 2015, the bank recorded income tax expense of $452,000 and $653,000 respectively. This compares to no income tax benefit or expense for the three month and six month periods ended June 30, 2014. Bancorp began to recognize income tax expense in the quarter ended December 31, 2014 after the reversal of $16.8 million of its deferred tax asset valuation allowance in the third quarter of 2014. Deferred tax assets decreased $0.7 million from $14.9 million at December 31, 2014 to $14.2 million at June 30, 2015. This decrease was primarily due to deferred taxes being applied to the tax liability on current year taxable income, in addition to a reduction due to unrealized security gains. The Bank will continue to evaluate its ability to realize its net deferred tax asset. If future evidence suggests that it is more likely than not that a portion of the deferred tax asset will not be realized, the valuation allowance may be increased .

Note 7 - Income (Loss) Per Shar

Note 7 - Income (Loss) Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 7: Income (loss) per share The Company is required to present basic income (loss) per share and diluted income (loss) per share in its consolidated statements of operations. Basic income (loss) per share amounts are computed by dividing net income (loss) by the weighted average number of common shares outstanding. Diluted income (loss) per share reflects additional common shares that would have been outstanding if potentially dilutive common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential dilutive common shares that may be issued by the Company relate to restricted stock grants and outstanding stock options. The Company is also required to provide a reconciliation of the numerator and denominator used in the computation of both basic and diluted income (loss) per share. Non-vested restricted stock awards did not impact diluted earnings per share. The Company had no outstanding stock options in 2015 and 2014. The following is information about the computation of income per share for the three months and six months ended June 30, 2015 and 2014: Three months ended June 30, 2015 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 689,000 3,872,073 $ 0.18 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 21,093 N/A Diluted Earnings Per Share $ 689,000 3,893,166 $ 0.18 Three months ended June 30, 2014 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 525,000 3,849,762 $ 0.14 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 18,459 N/A Diluted Earnings Per Share $ 525,000 3,868,221 $ 0.14 Six months ended June 30, 2015 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 978,000 3,871,960 $ 0.25 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 20,992 N/A Diluted Earnings Per Share $ 978,000 3,892,952 $ 0.25 Six months ended June 30, 2014 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 844,000 3,849,539 $ 0.22 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 25,722 N/A Diluted Earnings Per Share $ 844,000 3,875,261 $ 0.22 (1) All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015

Note 8 - Other Comprehensive In

Note 8 - Other Comprehensive Income	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note 8: Other Comprehensive Income Other comprehensive income, which is comprised solely of the change in unrealized gains and losses on available-for-sale securities, is as follows: Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Before Tax Net of Tax Before Tax Net of Tax (in thousands) Amount Tax Effect Amount Amount Tax Effect Amount Unrealized holding (losses) gains arising during the period $ (46 ) $ 19 $ (27 ) $ 221 $ (85 ) $ 136 Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 Before Tax Net of Tax Before Tax Net of Tax Amount Tax Effect Amount Amount Tax Effect Amount Unrealized holding gains arising during the period $ 108 $ - $ 108 $ 501 $ - $ 501

Note 9 - Financial Instruments

Note 9 - Financial Instruments with Off-Balance Sheet Risk	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Concentration Risk Disclosure [Text Block]	Note 9: Financial Instruments with Off-Balance Sheet Risk In the normal course of business, the Company is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit and involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheet. The contractual amounts of these instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The contractual amount of commitments to extend credit and standby letters of credit represent the total amount of potential accounting loss should: the contracts be fully drawn upon; the customers default; and the value of any existing collateral becomes worthless. The Company uses the same credit policies in approving commitments and conditional obligations as it does for on-balance-sheet instruments and evaluates each customer’s creditworthiness on a case-by-case basis. Management believes that the Company controls the credit risk of these financial instruments through credit approvals, credit limits, monitoring procedures and the receipt of collateral as deemed necessary. Financial instruments whose contractual amounts represent credit risk at June 30, 2015 are as follows: Commitments to extend credit: (in thousands) Future loan commitments $ 14,368 Home equity lines of credit 24,193 Unused lines of credit 29,431 Undisbursed construction loans 15,885 Financial standby letters of credit 1,525 $ 85,402 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments to extend credit generally have fixed expiration dates, or other termination clauses, and may require payment of a fee by the borrower. Since these commitments could expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the customer. Collateral held varies, but may include residential and commercial property, deposits and securities. The bank has established a reserve of $5,000 as of June 30, 2015 for these commitments which are included in accrued expenses and other liabilities. Standby letters of credit are written commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Guarantees that are not derivative contracts are recorded on the Company’s consolidated balance sheet at their fair value at inception. Any instruments deemed to be derivatives would be accounted for as a fair value or cash flow hedge as appropriate.

Note 10 - Regulatory and Operat

Note 10 - Regulatory and Operational Matters	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 10: Regulatory and Operational Matters The Company’s and the Bank’s capital and capital ratios at June 30, 2015 and December 31, 2014 were: Capital Requirements Actual Minimum Well Capitalized (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio June 30, 2015 The Company: Tier 1 Leverage Capital (to Average Assets) $ 58,040 9.44 % $ 24,585 4.00 % $ 30,731 5.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 50,040 10.17 % 22,133 4.50 % 31,969 6.50 % Tier 1 Capital (to Risk Weighted Assets) 58,040 11.80 % 29,510 6.00 % 39,347 8.00 % Total Capital (to Risk Weighted Assets) 63,256 12.86 % 39,347 8.00 % 49,184 10.00 % The Bank: Tier 1 Leverage Capital (to Average Assets) $ 58,218 9.48 % $ 24,575 4.00 % $ 30,719 5.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 58,218 11.84 % 22,122 4.50 % 31,954 6.50 % Tier 1 Capital (to Risk Weighted Assets) 58,218 11.84 % 29,496 6.00 % 39,328 8.00 % Total Capital (to Risk Weighted Assets) 63,435 12.90 % 39,328 8.00 % 49,160 10.00 % December 31, 2014 The Company: Tier 1 Leverage Capital (to Average Assets) $ 58,218 9.62 % $ 24,210 4.00 % $ 30,262 5.00 % Tier 1 Capital (to Risk Weighted Assets) 58,218 12.98 % 17,942 4.00 % 26,913 6.00 % Total Capital (to Risk Weighted Assets) 63,142 14.08 % 35,884 8.00 % 44,855 10.00 % The Bank: Tier 1 Leverage Capital (to Average Assets) $ 58,227 9.63 % $ 24,198 4.00 % $ 30,247 5.00 % Tier 1 Capital (to Risk Weighted Assets) 58,227 12.98 % 17,946 4.00 % 26,918 6.00 % Total Capital (to Risk Weighted Assets) 63,151 14.08 % 35,891 8.00 % 44,864 10.00 %

Note 11 - Fair Value and Intere

Note 11 - Fair Value and Interest Rate Risk	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 11: Fair Value and Interest Rate Risk The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. A fair value hierarchy has been established that prioritizes the inputs used to measure fair value, requiring entities to maximize the use of observable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs generally require significant management judgment. The three levels within the fair value hierarchy are as follows: ● Level 1- Unadjusted quoted market prices for identical assets or liabilities in active markets that the entity has the ability to access at the measurement date (such as active exchange-traded equity securities and certain U.S. and government agency debt securities). ● Level 2- Observable inputs other than quoted prices included in Level 1, such as: ■ quoted prices for similar assets or liabilities in active markets (such as U.S. agency and government sponsored mortgage-backed securities) ■ quoted prices for identical or similar assets or liabilities in less active markets (such as certain U.S. and government agency debt securities, and corporate and municipal debt securities that trade infrequently) ■ Other inputs that are observable for substantially the full term of the asset or liability (i.e. interest rates, yield curves, prepayment speeds, default rates, etc.) ● Level 3- Valuation techniques that require unobservable inputs that are supported by little or no market activity and are significant to the fair value measurement of the asset or liability (such as pricing and discounted cash flow models that typically reflect management’s estimates of the assumptions a market participant would use in pricing the asset or liability). A description of the valuation methodologies used for assets and liabilities recorded at fair value, and for estimating fair value for financial and non-financial instruments not recorded at fair value, is set forth below. Cash and due from banks, federal funds sold, short-term investments and accrued interest receivable and payable: Available-for-Sale Securities: Other Investments : Loans: Other Real Estate Owned: Deposits: Junior Subordinated Debt: Federal Home Loan Bank Borrowings: Off-balance sheet instruments: The following table details the financial assets measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine fair value: Quoted Prices in Significant Significant (in thousands) Active Markets Observable Unobservable Balance for Identical Assets Inputs Inputs as of June 30, 2015 (Level 1) (Level 2) (Level 3) June 30, 2015 U.S. Government agency mortgage- backed securities $ - $ 15,175 $ - $ 15,175 U.S. Government agency bonds - 7,429 - 7,429 Corporate bonds - 9,036 - 9,036 Securities available for sale $ - $ 31,640 $ - $ 31,640 Quoted Prices in Significant Significant Active Markets Observable Unobservable Balance for Identical Assets Inputs Inputs as of December 31, 2014 (Level 1) (Level 2) (Level 3) December 31, 2014 U.S. Government agency mortgage- backed securities $ - $ 17,337 $ - $ 17,337 U.S. Government agency bonds - 7,409 - 7,409 Corporate bonds - 8,936 - 8,936 Securities available for sale $ - $ 33,682 $ - $ 33,682 There were no transfers of assets between levels 1, 2 or 3 as of June 30, 2015 or December 31, 2014. Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following reflects financial assets measured at fair value on a non-recurring basis as of June 30, 2015 and December 31, 2014, segregated by the level of the valuation inputs within the fair value hierarchy utilized: Quoted Prices in Significant Significant (in thousands) Active Markets Observable Unobservable for Identical Assets Inputs Inputs Balance Asset Description (Level 1) (Level 2) (Level 3) June 30, 2015 Impaired loans $ - $ - $ 528 $ 528 December 31, 2014 Impaired loans $ - $ - $ 859 $ 859 (dollars in thousands) Quantitative Information about Level 3 Fair Value Measurements Asset Description Fair Value Valuation Technique Unobservable Input Range (Weighted Average ) June 30, 2015 Impaired loans $ 528 Fair Value of Collateral (1) Appraised Value (2) 14% - 23% (16%)(3) December 31, 2014 Impaired loans $ 859 Fair Value of Collateral (1) Appraised Value (2) 8% - 22% (13%)(3) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which include Level 3 inputs that are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. (3) The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value. The Company discloses fair value information about financial instruments, whether or not recognized in the consolidated balance sheet, for which it is practicable to estimate that value. Certain financial instruments are excluded from disclosure requirements and, accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. The estimated fair value amounts have been measured as of June 30, 2015 and December 31, 2014 and have not been reevaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair value of these financial instruments subsequent to the respective reporting dates may be different than amounts reported on those dates. The information presented should not be interpreted as an estimate of the fair value of the Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other bank holding companies may not be meaningful. The following is a summary of the carrying amounts and estimated fair values of the Company’s financial instruments not measured and not reported at fair value on the consolidated balance sheets at June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 (in thousands) Fair Value Carrying Estimated Carrying Estimated Hierarchy Amount Fair Value Amount Fair Value Financial Assets: Cash and noninterest bearing balances due from banks Level 1 $ 2,892 $ 2,892 $ 2,095 $ 2,095 Interest-bearing deposits due from banks Level 1 50,201 50,201 71,163 71,163 Other investments Level 2 4,450 4,450 4,450 4,450 Federal Reserve Bank stock Level 2 2,020 2,020 2,058 2,058 Federal Home Loan Bank stock Level 2 6,628 6,628 6,628 6,628 Loans receivable, net Level 3 488,705 491,265 471,984 476,631 Accrued interest receivable Level 1 2,034 2,034 1,918 1,918 Financial Liabilities: Demand deposits Level 2 $ 79,774 $ 79,774 $ 63,398 $ 63,398 Savings deposits Level 2 94,531 94,531 93,790 93,790 Money market deposits Level 2 21,685 21,685 24,650 24,650 NOW accounts Level 2 30,558 30,558 26,269 26,269 Time deposits Level 2 182,708 182,698 204,216 204,262 Brokered Deposits Level 1 48,199 48,199 30,710 30,710 FHLB Borrowings Level 2 100,000 100,000 120,000 120,000 Subordinated debentures Level 2 8,248 8,248 8,248 8,248 Accrued interest payable Level 1 283 283 167 167 The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair values of the Company’s financial instruments will change when interest rate levels change and that change may be either favorable or unfavorable to the Company. Management attempts to match maturities of assets and liabilities to the extent possible to mitigate interest rate risk. However, borrowers with fixed rate obligations are less likely to prepay in a rising rate environment and more likely to prepay in a falling rate environment. Conversely, depositors who are receiving fixed rates are more likely to withdraw funds before maturity in a rising rate environment and less likely to do so in a falling rate environment. Management monitors rates and maturities of assets and liabilities and attempts to minimize interest rate risk by adjusting terms of new loans and deposits and by investing in securities with terms that mitigate the Company’s overall interest rate risk. Off-balance sheet instruments Loan commitments on which the committed interest rate is less than the current market rate were insignificant at June 30, 2015 and December 31, 2014. The estimated fair value of fee income on letters of credit at June 30, 2015 and December 31, 2014 was also insignificant.

Note 12 - Recent Accounting Pro

Note 12 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 12 : Recent Accounting Pronouncements Recently Issued Accounting Standards Updates ASU 2014-14, “ Receivables - Troubled Debt Restructuring by Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure ASU No. 2014-12 , Compensation-Stock Compensation (Topic 718) “ Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force). ” – ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” – ASU No. 2014-04, “Receivables – Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure ASU No. 2014-01, “ Accounting for Investments in Qualified Affordable Housing Projects (Topic 323)

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Standards Updates ASU 2014-14, “ Receivables - Troubled Debt Restructuring by Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure ASU No. 2014-12 , Compensation-Stock Compensation (Topic 718) “ Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force). ” – ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” – ASU No. 2014-04, “Receivables – Troubled Debt Restructuring by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure ASU No. 2014-01, “ Accounting for Investments in Qualified Affordable Housing Projects (Topic 323)

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	Gross Gross (in thousands) Amortized Unrealized Unrealized Fair Cost Gains Losses Value June 30, 2015: U.S. Government agency bonds $ 7,500 $ - $ (71 ) $ 7,429 U. S. Government agency mortgage-backed securities 15,372 - (197 ) 15,175 Corporate bonds 9,000 80 (44 ) 9,036 $ 31,872 $ 80 $ (312 ) $ 31,640 December 31, 2014: U. S. Government agency bonds $ 7,500 $ - $ (91 ) $ 7,409 U. S. Government agency mortgage-backed securities 17,635 - (298 ) 17,337 Corporate bonds 9,000 - (64 ) 8,936 $ 34,135 $ - $ (453 ) $ 33,682
Schedule of Unrealized Loss on Investments [Table Text Block]	Less Than 12 Months 12 Months or More Total (in thousands) Fair Unrealized Fair Unrealized Fair Unrealized Value Loss Value Loss Value Loss June 30, 2015: U.S. Government agency bonds $ 7,429 $ (71 ) $ - $ - $ 7,429 $ (71 ) U. S. Government agency mortgage - backed securities 3,296 (42 ) 11,879 (155 ) 15,175 (197 ) Corporate bonds - - 5,956 (44 ) 5,956 (44 ) Totals $ 10,725 $ (113 ) $ 17,835 $ (199 ) $ 28,560 $ (312 ) December 31, 2014: U. S. Government agency bonds $ - $ - $ 7,409 $ (91 ) $ 7,409 $ (91 ) U. S. Government agency mortgage - backed securities - - 17,337 (298 ) 17,337 (298 ) Corporate bonds - - 8,936 (64 ) 8,936 (64 ) Totals $ - $ - $ 33,682 $ (453 ) $ 33,682 $ (453 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Gross (in thousands) Unrealized Amortized Cost Fair Value Gain/ (Losses) Maturity: Corporate bonds 5 to 10 years $ 9,000 $ 9,036 $ 36 U.S. Government agency bonds < 5 years 2,500 2,494 (6 ) U.S. Government agency bonds 5 to 10 years 5,000 4,935 (65 ) U.S. Government agency mortgage-backed securities 15,372 15,175 (197 ) Total $ 31,872 $ 31,640 $ (232 )

Note 3 - Loans Receivable and22

Note 3 - Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) June 30, December 31, 2015 2014 Commercial $ 56,960 $ 53,973 Commercial Real Estate 273,653 254,505 Construction 8,878 3,096 Construction to permanent 9,370 10,627 Residential 97,501 108,543 Consumer 47,551 46,164 Total Loans 493,913 476,908 Allowance for loan losses (5,208 ) (4,924 ) Loans receivable, net $ 488,705 $ 471,984
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(in thousands) Three months ended June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 1,297 $ 2,024 $ 222 $ 191 $ 730 $ 711 $ 18 $ 5,193 Charge-offs - - - - - - - - Recoveries 14 - - - - 1 - 15 Provision (329 ) 293 53 (41 ) (70 ) 14 80 - Ending Balance $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 Six months ended June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 1,918 $ 1,419 $ 63 $ 215 $ 831 $ 478 $ - $ 4,924 Charge-offs - - - - (3 ) (7 ) - (10 ) Recoveries 30 - - 5 - 9 - 44 Provision (966 ) 898 212 (70 ) (168 ) 246 98 250 Ending Balance $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 June 30, 2015 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment 982 2,317 275 150 660 726 98 5,208 Total Allowance for Loan Losses $ 982 $ 2,317 $ 275 $ 150 $ 660 $ 726 $ 98 $ 5,208 Total Loans ending balance $ 56,960 $ 273,653 $ 8,878 $ 9,370 $ 97,501 $ 47,551 $ - $ 493,913 Ending balance: individually evaluated for impairment $ - $ 8,002 $ - $ - $ 3,386 $ 550 $ - $ 11,938 Ending balance: collectively evaluated for impairment $ 56,960 $ 265,651 $ 8,878 $ 9,370 $ 94,115 $ 47,001 $ - $ 481,975 (in thousands) Three months ended June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 2,371 $ 1,320 $ 260 $ 34 $ 704 $ 539 $ 252 $ 5,480 Charge-offs (2 ) - (260 ) - (18 ) (5 ) - (285 ) Recoveries 4 15 - - - - - 19 Provision 105 (210 ) - 115 (56 ) 160 (114 ) - Ending Balance $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 Six months ended June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Allowance for loan losses: Beginning Balance $ 2,285 $ 1,585 $ 260 $ 25 $ 795 $ 534 $ 197 $ 5,681 Charge-offs (11 ) - (260 ) - (195 ) (36 ) - (502 ) Recoveries 4 30 - - - 1 - 35 Provision 200 (490 ) - 124 30 195 (59 ) - Ending Balance $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 June 30, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Unallocated Total Ending balance: individually evaluated for impairment $ 1,750 $ 307 $ - $ - $ - $ 5 $ - $ 2,062 Ending balance: collectively evaluated for impairment 728 818 - 149 630 689 138 3,152 Total Allowance for Loan Losses $ 2,478 $ 1,125 $ - $ 149 $ 630 $ 694 $ 138 $ 5,214 Total Loans ending balance $ 37,849 $ 219,762 $ - $ 14,436 $ 89,517 $ 45,781 $ - $ 407,345 Ending balance: individually evaluated for impairment $ 7,291 $ 11,610 $ - $ - $ 5,115 $ 588 $ - $ 24,604 Ending balance: collectively evaluated for impairment $ 30,558 $ 208,152 $ - $ 14,436 $ 84,402 $ 45,193 $ - $ 382,741 (in thousands) December 31, 2014 Commercial Commercial Real Estate Construction Construction to Permanent Residential Consumer Total Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ 7 $ 7 Ending balance: collectively evaluated for impairment 1,918 1,419 63 215 831 471 4,917 Total Allowance for Loan Losses $ 1,918 $ 1,419 $ 63 $ 215 $ 831 $ 478 $ 4,924 Total Loans ending balance $ 53,973 $ 254,505 $ 3,096 $ 10,627 $ 108,543 $ 46,164 $ 476,908 Ending balance: individually evaluated for impairment 2 7,398 - - 3,764 560 11,724 Ending balance: collectively evaluated for impairment $ 53,971 $ 247,107 $ 3,096 $ 10,627 $ 104,779 $ 45,604 $ 465,184
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(in thousands) Non-Accrual Loans 2015 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Non-Accrual Loans Commercial Real Estate Substandard $ - $ - $ - $ - $ 131 $ 131 Total Commercial Real Estate $ - $ - $ - $ - $ 131 $ 131 Residential Real Estate Substandard $ - $ - $ 380 $ 380 $ - $ 380 Total Residential Real Estate $ - $ - $ 380 $ 380 $ - $ 380 Total $ - $ - $ 380 $ 380 $ 131 $ 511 (in thousands) Non-Accrual Loans 2014 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Non-Accrual Loans Commercial Substandard $ - $ - $ 2 $ 2 $ - $ 2 Total Commercial $ - $ - $ 2 $ 2 $ - $ 2 Commercial Real Estate Substandard $ - $ - $ - $ - $ 138 $ 138 Total Commercial Real Estate $ - $ - $ - $ - $ 138 $ 138 Residential Real Estate Substandard $ - $ - $ 719 $ 719 $ - $ 719 Total Residential Real Estate $ - $ - $ 719 $ 719 $ - $ 719 Consumer Substandard $ - $ - $ 7 $ 7 $ - $ 7 Total Consumer $ - $ - $ 7 $ 7 $ - $ 7 Total $ - $ - $ 728 $ 728 $ 138 $ 866
Schedule of Financing Receivables Performing and Non-Accrual Status [Table Text Block]	(in thousands) Performing (Accruing) Loans 2015 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Performing Loans Total Non- Accrual Loans Total Loans Commercial Pass $ 1,976 $ - $ - $ 1,976 $ 49,475 $ 51,451 $ - $ 51,451 Special Mention - - - - 106 106 - 106 Substandard - - - - 5,403 5,403 - 5,403 Total Commercial $ 1,976 $ - $ - $ 1,976 $ 54,984 $ 56,960 $ - $ 56,960 Commercial Real Estate Pass $ 138 $ - $ - $ 138 $ 264,711 $ 264,849 $ - $ 264,849 Special Mention - - - - 6,955 6,955 - 6,955 Substandard - - - - 1,718 1,718 131 1,849 Total Commercial Real Estate $ 138 $ - $ - $ 138 $ 273,384 $ 273,522 $ 131 $ 273,653 Construction Pass $ - $ - $ - $ - $ 8,878 $ 8,878 $ - $ 8,878 Total Construction $ - $ - $ - $ - $ 8,878 $ 8,878 $ - $ 8,878 Construction to Permanent Pass $ - $ - $ - $ - $ 9,370 $ 9,370 $ - $ 9,370 Total Construction to Permanent $ - $ - $ - $ - $ 9,370 $ 9,370 $ - $ 9,370 Residential Real Estate Pass $ 171 $ 84 $ 1,522 $ 1,777 $ 95,344 $ 97,121 $ - $ 97,121 Substandard - - - - - - 380 380 Total Residential Real Estate $ 171 $ 84 $ 1,522 $ 1,777 $ 95,344 $ 97,121 $ 380 $ 97,501 Consumer Pass $ 15 $ 102 $ 7 $ 124 $ 47,427 $ 47,551 $ - $ 47,551 Total Consumer $ 15 $ 102 $ 7 $ 124 $ 47,427 $ 47,551 $ - $ 47,551 Total Pass $ 2,300 $ 186 $ 1,529 $ 4,015 $ 475,205 $ 479,220 $ - $ 479,220 Special Mention - - - - 7,061 7,061 - 7,061 Substandard - - - - 7,121 7,121 511 7,632 Grand Total $ 2,300 $ 186 $ 1,529 $ 4,015 $ 489,387 $ 493,402 $ 511 $ 493,913 (in thousands) Performing (Accruing) Loans 2014 31-60 Days Past Due 61-90 Days Past Due Greater Than 90 Days Total Past Due Current Total Performing Loans Total Non- Accrual Loans Total Loans Commercial Pass $ 1,520 $ - $ 279 $ 1,799 $ 46,279 $ 48,078 $ - $ 48,078 Special Mention - - - - 121 121 - 121 Substandard - - - - 5,772 5,772 2 5,774 Total Commercial $ 1,520 $ - $ 279 $ 1,799 $ 52,172 $ 53,971 $ 2 $ 53,973 Commercial Real Estate Pass $ - $ - $ - $ - $ 248,132 $ 248,132 $ - $ 248,132 Special Mention 1,041 - - 1,041 2,887 3,928 - 3,928 Substandard - 815 - 815 1,492 2,307 138 2,445 Total Commercial Real Estate $ 1,041 $ 815 $ - $ 1,856 $ 252,511 $ 254,367 $ 138 $ 254,505 Construction Pass $ - $ - $ - $ - $ 3,096 $ 3,096 $ - $ 3,096 Total Construction $ - $ - $ - $ - $ 3,096 $ 3,096 $ - $ 3,096 Construction to Permanent Pass $ - $ - $ - $ - $ 10,627 $ 10,627 $ - $ 10,627 Total Construction to Permanent $ - $ - $ - $ - $ 10,627 $ 10,627 $ - $ 10,627 Residential Real Estate Pass $ 172 $ 87 $ 1,553 $ 1,812 $ 106,012 $ 107,824 $ - $ 107,824 Substandard - - - - - - 719 719 Total Residential Real Estate $ 172 $ 87 $ 1,553 $ 1,812 $ 106,012 $ 107,824 $ 719 $ 108,543 Consumer Pass $ - $ 2 $ - $ 2 $ 46,155 $ 46,157 $ - $ 46,157 Substandard - - - - - - 7 7 Total Consumer $ - $ 2 $ - $ 2 $ 46,155 $ 46,157 $ 7 $ 46,164 Total Pass $ 1,692 $ 89 $ 1,832 $ 3,613 $ 460,301 $ 463,914 $ - $ 463,914 Special Mention 1,041 - - 1,041 3,008 4,049 - 4,049 Substandard - 815 - 815 7,264 8,079 866 8,945 Grand Total $ 2,733 $ 904 $ 1,832 $ 5,469 $ 470,573 $ 476,042 $ 866 $ 476,908
Impaired Financing Receivables [Table Text Block]	(in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial $ - $ 98 $ - Commercial Real Estate 8,002 8,836 - Construction - 287 - Residential 3,386 3,414 - Consumer 550 637 - Total: $ 11,938 $ 13,272 $ - With an allowance recorded: Commercial $ - $ - $ - Commercial Real Estate - - - Construction - - - Residential - - - Consumer - - - Total: $ - $ - $ - Commercial $ - $ 98 $ - Commercial Real Estate 8,002 8,836 - Construction - 287 - Residential 3,386 3,414 - Consumer 550 637 - Total: $ 11,938 $ 13,272 $ - (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Commercial $ 2 $ 104 $ - Commercial Real Estate 7,398 8,249 - Construction - 732 - Residential 3,764 3,793 - Consumer 553 633 - Total: $ 11,717 $ 13,511 $ - With an allowance recorded: Commercial $ - $ - $ - Commercial Real Estate - - - Construction - - - Residential - - - Consumer 7 7 7 Total: $ 7 $ 7 $ 7 Commercial $ 2 $ 104 $ - Commercial Real Estate 7,398 8,249 - Construction - 732 - Residential 3,764 3,793 - Consumer 560 640 7 Total: $ 11,724 $ 13,518 $ 7 Three Months Ended June 30 2015 2014 (in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ - $ - $ 436 $ - Commercial Real Estate 8,025 94 8,661 86 Construction - - - - Residential 3,392 32 4,761 32 Consumer 551 5 584 5 Total: $ 11,968 $ 131 $ 14,442 $ 123 With an allowance recorded: Commercial $ - $ - $ 6,017 $ - Commercial Real Estate - - 1,091 - Construction - - 173 - Residential - - 381 - Consumer - - 3 - Total: $ - $ - $ 7,665 $ - Commercial $ - $ - $ 6,453 $ - Commercial Real Estate 8,025 94 9,752 86 Construction - - 173 - Residential 3,392 32 5,142 32 Consumer 551 5 587 5 Total: $ 11,968 $ 131 $ 22,107 $ 123 Six Months Ended June 30 2015 2014 (in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Commercial $ 1 $ - $ 219 $ - Commercial Real Estate 8,160 188 8,301 157 Construction - - 397 - Residential 3,459 63 4,791 65 Consumer 552 9 585 14 Total: $ 12,172 $ 260 $ 14,293 $ 236 With an allowance recorded: Commercial $ - $ - $ 6,047 $ - Commercial Real Estate - - 625 - Construction - - 217 - Residential - - 511 - Consumer 1 - 2 - Total: $ 1 $ - $ 7,402 $ - Commercial $ 1 $ - $ 6,266 $ - Commercial Real Estate 8,160 188 8,926 157 Construction - - 614 - Residential 3,459 63 5,302 65 Consumer 553 9 587 14 Total: $ 12,173 $ 260 $ 21,695 $ 236

Note 4 - Deposits (Tables)

Note 4 - Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Deposits [Table Text Block]	June 30, December 31, (in thousands) 2015 2014 Non-interest bearing $ 79,774 $ 63,398 Interest bearing NOW 30,558 26,269 Savings 94,531 93,790 Money market 21,685 24,650 Time certificates, less than $100,000 94,362 106,340 Time certificates, $100,000 or more 88,346 97,876 Brokered Deposits 48,199 30,710 Total interest bearing 377,681 379,635 Total Deposits $ 457,455 $ 443,033

Note 5 - Share-Based Compensa24

Note 5 - Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	Number of Shares Weighted Average Grant Date Fair Awarded (1) Value (1) Non-vested at December 31, 2014 79,208 $ 12.79 Granted 2,940 17.00 Vested (450 ) 17.25 Non-vested at June 30, 2015 81,698 $ 12.92

Note 7 - Income (Loss) Per Sh25

Note 7 - Income (Loss) Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, 2015 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 689,000 3,872,073 $ 0.18 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 21,093 N/A Diluted Earnings Per Share $ 689,000 3,893,166 $ 0.18 Three months ended June 30, 2014 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 525,000 3,849,762 $ 0.14 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 18,459 N/A Diluted Earnings Per Share $ 525,000 3,868,221 $ 0.14 Six months ended June 30, 2015 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 978,000 3,871,960 $ 0.25 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 20,992 N/A Diluted Earnings Per Share $ 978,000 3,892,952 $ 0.25 Six months ended June 30, 2014 Weighted Average Common Shares Net Income Outstanding (1) Amount (1) Basic Earnings Per Share $ 844,000 3,849,539 $ 0.22 Effect of Dilutive Securities Non-vested Restricted Stock Grants N/A 25,722 N/A Diluted Earnings Per Share $ 844,000 3,875,261 $ 0.22

Note 8 - Other Comprehensive 26

Note 8 - Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Other Comprehensive Income Change in Unrealized Gains and Losses on Available for Sale Securities [Table Text Block]	Three Months Ended Six Months Ended June 30, 2015 June 30, 2015 Before Tax Net of Tax Before Tax Net of Tax (in thousands) Amount Tax Effect Amount Amount Tax Effect Amount Unrealized holding (losses) gains arising during the period $ (46 ) $ 19 $ (27 ) $ 221 $ (85 ) $ 136 Three Months Ended Six Months Ended June 30, 2014 June 30, 2014 Before Tax Net of Tax Before Tax Net of Tax Amount Tax Effect Amount Amount Tax Effect Amount Unrealized holding gains arising during the period $ 108 $ - $ 108 $ 501 $ - $ 501

Note 9 - Financial Instrument27

Note 9 - Financial Instruments with Off-Balance Sheet Risk (Tables)	6 Months Ended
	Jun. 30, 2015
Risks and Uncertainties [Abstract]
Schedule of Commitment to Extended Credit [Table Text Block]	Commitments to extend credit: (in thousands) Future loan commitments $ 14,368 Home equity lines of credit 24,193 Unused lines of credit 29,431 Undisbursed construction loans 15,885 Financial standby letters of credit 1,525 $ 85,402

Note 10 - Regulatory and Oper28

Note 10 - Regulatory and Operational Matters (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Capital Requirements Actual Minimum Well Capitalized (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio June 30, 2015 The Company: Tier 1 Leverage Capital (to Average Assets) $ 58,040 9.44 % $ 24,585 4.00 % $ 30,731 5.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 50,040 10.17 % 22,133 4.50 % 31,969 6.50 % Tier 1 Capital (to Risk Weighted Assets) 58,040 11.80 % 29,510 6.00 % 39,347 8.00 % Total Capital (to Risk Weighted Assets) 63,256 12.86 % 39,347 8.00 % 49,184 10.00 % The Bank: Tier 1 Leverage Capital (to Average Assets) $ 58,218 9.48 % $ 24,575 4.00 % $ 30,719 5.00 % Common Equity Tier 1 Capital (to Risk Weighted Assets) 58,218 11.84 % 22,122 4.50 % 31,954 6.50 % Tier 1 Capital (to Risk Weighted Assets) 58,218 11.84 % 29,496 6.00 % 39,328 8.00 % Total Capital (to Risk Weighted Assets) 63,435 12.90 % 39,328 8.00 % 49,160 10.00 % December 31, 2014 The Company: Tier 1 Leverage Capital (to Average Assets) $ 58,218 9.62 % $ 24,210 4.00 % $ 30,262 5.00 % Tier 1 Capital (to Risk Weighted Assets) 58,218 12.98 % 17,942 4.00 % 26,913 6.00 % Total Capital (to Risk Weighted Assets) 63,142 14.08 % 35,884 8.00 % 44,855 10.00 % The Bank: Tier 1 Leverage Capital (to Average Assets) $ 58,227 9.63 % $ 24,198 4.00 % $ 30,247 5.00 % Tier 1 Capital (to Risk Weighted Assets) 58,227 12.98 % 17,946 4.00 % 26,918 6.00 % Total Capital (to Risk Weighted Assets) 63,151 14.08 % 35,891 8.00 % 44,864 10.00 %

Note 11 - Fair Value and Inte29

Note 11 - Fair Value and Interest Rate Risk (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Quoted Prices in Significant Significant (in thousands) Active Markets Observable Unobservable Balance for Identical Assets Inputs Inputs as of June 30, 2015 (Level 1) (Level 2) (Level 3) June 30, 2015 U.S. Government agency mortgage- backed securities $ - $ 15,175 $ - $ 15,175 U.S. Government agency bonds - 7,429 - 7,429 Corporate bonds - 9,036 - 9,036 Securities available for sale $ - $ 31,640 $ - $ 31,640 Quoted Prices in Significant Significant Active Markets Observable Unobservable Balance for Identical Assets Inputs Inputs as of December 31, 2014 (Level 1) (Level 2) (Level 3) December 31, 2014 U.S. Government agency mortgage- backed securities $ - $ 17,337 $ - $ 17,337 U.S. Government agency bonds - 7,409 - 7,409 Corporate bonds - 8,936 - 8,936 Securities available for sale $ - $ 33,682 $ - $ 33,682
Fair Value Measurements, Nonrecurring [Table Text Block]	Quoted Prices in Significant Significant (in thousands) Active Markets Observable Unobservable for Identical Assets Inputs Inputs Balance Asset Description (Level 1) (Level 2) (Level 3) June 30, 2015 Impaired loans $ - $ - $ 528 $ 528 December 31, 2014 Impaired loans $ - $ - $ 859 $ 859
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	(dollars in thousands) Quantitative Information about Level 3 Fair Value Measurements Asset Description Fair Value Valuation Technique Unobservable Input Range (Weighted Average ) June 30, 2015 Impaired loans $ 528 Fair Value of Collateral (1) Appraised Value (2) 14% - 23% (16%)(3) December 31, 2014 Impaired loans $ 859 Fair Value of Collateral (1) Appraised Value (2) 8% - 22% (13%)(3)
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2015 December 31, 2014 (in thousands) Fair Value Carrying Estimated Carrying Estimated Hierarchy Amount Fair Value Amount Fair Value Financial Assets: Cash and noninterest bearing balances due from banks Level 1 $ 2,892 $ 2,892 $ 2,095 $ 2,095 Interest-bearing deposits due from banks Level 1 50,201 50,201 71,163 71,163 Other investments Level 2 4,450 4,450 4,450 4,450 Federal Reserve Bank stock Level 2 2,020 2,020 2,058 2,058 Federal Home Loan Bank stock Level 2 6,628 6,628 6,628 6,628 Loans receivable, net Level 3 488,705 491,265 471,984 476,631 Accrued interest receivable Level 1 2,034 2,034 1,918 1,918 Financial Liabilities: Demand deposits Level 2 $ 79,774 $ 79,774 $ 63,398 $ 63,398 Savings deposits Level 2 94,531 94,531 93,790 93,790 Money market deposits Level 2 21,685 21,685 24,650 24,650 NOW accounts Level 2 30,558 30,558 26,269 26,269 Time deposits Level 2 182,708 182,698 204,216 204,262 Brokered Deposits Level 1 48,199 48,199 30,710 30,710 FHLB Borrowings Level 2 100,000 100,000 120,000 120,000 Subordinated debentures Level 2 8,248 8,248 8,248 8,248 Accrued interest payable Level 1 283 283 167 167

Note 2 - Investment Securitie30

Note 2 - Investment Securities (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 2 - Investment Securities (Details) [Line Items]
Payments to Acquire Available-for-sale Securities	$ 0	$ 0
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	10	11
Unrealized Holding Losses Depreciation Percentage from Amortized Cost	0.70%	1.30%
Municipal Deposits Securities [Member]
Note 2 - Investment Securities (Details) [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 6,200,000	$ 7,400,000

Note 2 - Investment Securitie31

Note 2 - Investment Securities (Details) - Investment Securities - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost	$ 31,872	$ 34,135
Available-for-sale securities, gross unrealized losses	(312)	(453)
Available-for-sale securities, gross unrealized gains	80
Available-for-sale securities	31,640	33,682
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost	7,500	7,500
Available-for-sale securities, gross unrealized losses	(71)	(91)
Available-for-sale securities	7,429	7,409
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost	15,372	17,635
Available-for-sale securities, gross unrealized losses	(197)	(298)
Available-for-sale securities	15,175	17,337
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities, amortized cost	9,000	9,000
Available-for-sale securities, gross unrealized losses	(44)	(64)
Available-for-sale securities, gross unrealized gains	80
Available-for-sale securities	$ 9,036	$ 8,936

Note 2 - Investment Securitie32

Note 2 - Investment Securities (Details) - Investment Securities in a Continuous Loss Position - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 2 - Investment Securities (Details) - Investment Securities in a Continuous Loss Position [Line Items]
Available-for-sale securities in continuous loss position, less than 12 months, fair value	$ 10,725
Available-for-sale securities in continuous loss position, less than 12 months, unrealized loss	(113)
Available-for-sale securities in continuous loss position, 12 months or more, fair value	17,835	$ 33,682
Available-for-sale securities in continuous loss position, 12 months or more, unrealized loss	(199)	(453)
Available-for-sale securities in continuous loss position, fair value	28,560	33,682
Available-for-sale securities in continuous loss position, unrealized loss	(312)	(453)
US Government Agencies Debt Securities [Member]
Note 2 - Investment Securities (Details) - Investment Securities in a Continuous Loss Position [Line Items]
Available-for-sale securities in continuous loss position, less than 12 months, fair value	7,429
Available-for-sale securities in continuous loss position, less than 12 months, unrealized loss	(71)
Available-for-sale securities in continuous loss position, 12 months or more, fair value		7,409
Available-for-sale securities in continuous loss position, 12 months or more, unrealized loss		(91)
Available-for-sale securities in continuous loss position, fair value	7,429	7,409
Available-for-sale securities in continuous loss position, unrealized loss	(71)	(91)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 2 - Investment Securities (Details) - Investment Securities in a Continuous Loss Position [Line Items]
Available-for-sale securities in continuous loss position, less than 12 months, fair value	3,296
Available-for-sale securities in continuous loss position, less than 12 months, unrealized loss	(42)
Available-for-sale securities in continuous loss position, 12 months or more, fair value	11,879	17,337
Available-for-sale securities in continuous loss position, 12 months or more, unrealized loss	(155)	(298)
Available-for-sale securities in continuous loss position, fair value	15,175	17,337
Available-for-sale securities in continuous loss position, unrealized loss	(197)	(298)
Corporate Debt Securities [Member]
Note 2 - Investment Securities (Details) - Investment Securities in a Continuous Loss Position [Line Items]
Available-for-sale securities in continuous loss position, 12 months or more, fair value	5,956	8,936
Available-for-sale securities in continuous loss position, 12 months or more, unrealized loss	(44)	(64)
Available-for-sale securities in continuous loss position, fair value	5,956	8,936
Available-for-sale securities in continuous loss position, unrealized loss	$ (44)	$ (64)

Note 2 - Investment Securitie33

Note 2 - Investment Securities (Details) - Investment Debt Securities by Contractual Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Maturity:
U.S. Government agency bonds 5 years	$ (232)
U.S. Government agency bonds 5 to 10 years	232
U.S. Government agency mortgage-backed securities	(232)
Total	31,872	$ 34,135
Total	31,640	33,682
Corporate Bonds 5 to 10 Years [Member]
Maturity:
Corporate bonds 5 to 10 years	9,000
Corporate bonds 5 to 10 years	9,036
Corporate bonds 5 to 10 years	36
U.S. Government agency bonds 5 to 10 years	9,000
U.S. Government agency bonds 5 to 10 years	9,036
US Government Agencies Debt Securities 5 Years [Member]
Maturity:
U.S. Government agency bonds 5 years	2,500
U.S. Government agency bonds 5 years	2,494
U.S. Government agency bonds 5 years	(6)
U.S. Government agency bonds 5 to 10 years	6
U.S. Government agency mortgage-backed securities	(6)
US Government Agencies Debt Securities 5 to 10 Years [Member]
Maturity:
Corporate bonds 5 to 10 years	5,000
Corporate bonds 5 to 10 years	4,935
U.S. Government agency bonds 5 years	65
U.S. Government agency bonds 5 to 10 years	5,000
U.S. Government agency bonds 5 to 10 years	4,935
U.S. Government agency bonds 5 to 10 years	(65)
U.S. Government agency mortgage-backed securities	65
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Maturity:
U.S. Government agency bonds 5 years	(197)
U.S. Government agency bonds 5 to 10 years	197
U.S. Government agency mortgage-backed securities	15,372
U.S. Government agency mortgage-backed securities	15,175
U.S. Government agency mortgage-backed securities	(197)
Total	15,372	17,635
Total	$ 15,175	$ 17,337

Note 3 - Loans Receivable and34

Note 3 - Loans Receivable and Allowance for Loan Losses (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Maximum Period of Credit Extension of Construction Loans			18 months
Period for Charged Off of Open-End Credits			180 days
Period for Charged Off of Close-End Credits			120 days
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 511,000		$ 511,000		$ 866,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 4,000	$ 51,000	$ 8,000	$ 84,000
Maximum Period for Charged Off of Consumer Installment Loans			90 days
Performance Period Under Loan Terms			6 months
Number of Non-Accruing Loans	2		2
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 1,500,000		$ 1,500,000		1,800,000
Impaired Financing Receivable, Recorded Investment	11,938,000		11,938,000		11,724,000
Impaired Financing Receivable, with Related Allowance, Recorded Investment	0		0		7,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 11,938,000		$ 11,938,000		$ 11,717,000
Financing Receivable, Modifications, Number of Contracts			0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Number of Accruing Loans	3		3		5
Lines of Credit [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing					$ 279,000
Number of Loans Renewed			3
Number of Loans Paid Off			1
Lines of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Number of Accruing Loans					4
Non-Accrual Loans [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Recorded Investment, Current	$ 131,000		$ 131,000		$ 138,000
Commercial Real Estate Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Maximum Percentage of Credit Extension Based on Market Value of Collateral			75.00%
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 131,000		$ 131,000		138,000
Number of Non-Accruing Loans	1		1
Percent of Non-accrual Loans, Current	25.60%		25.60%
Impaired Financing Receivable, Recorded Investment	$ 8,002,000		$ 8,002,000		7,398,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	8,002,000		8,002,000		7,398,000
Commercial Real Estate Portfolio Segment [Member] | Non-Accrual Loans [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Recorded Investment, Current	131,000		$ 131,000		138,000
Multi-family Real Estate [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Maximum Percentage of Credit Extension Based on Market Value of Collateral			80.00%
Construction Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Percentage of Maximum Loan to Value			75.00%
Residential Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	380,000		$ 380,000		719,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing					1,600,000
Impaired Financing Receivable, Recorded Investment	3,386,000		3,386,000		3,764,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 3,386,000		$ 3,386,000		$ 3,764,000
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Number of Non-Accruing Loans	1		1
Number of Accruing Loans					1
Consumer Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status					$ 7,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 7,000		$ 7,000
Impaired Financing Receivable, Recorded Investment	550,000		550,000		560,000
Impaired Financing Receivable, with Related Allowance, Recorded Investment					7,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 550,000		$ 550,000		$ 553,000
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) [Line Items]
Number of Non-Accruing Loans	2		2
Threshold Period Past Due for Write-off of Financing Receivable			120 days

Note 3 - Loans Receivable and35

Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Company’s Loan Portfolio - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 493,913		$ 476,908	$ 407,345
Allowance for loan losses	(5,208)	$ (5,193)	(4,924)	(5,214)	$ (5,480)	$ (5,681)
Loans receivable, net	488,705		471,984
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	56,960		53,973	37,849
Allowance for loan losses	(982)	(1,297)	(1,918)	(2,478)	(2,371)	(2,285)
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	273,653		254,505	219,762
Allowance for loan losses	(2,317)	(2,024)	(1,419)	(1,125)	(1,320)	(1,585)
Construction Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	8,878		3,096	0
Allowance for loan losses	(275)	(222)	(63)	0	(260)	(260)
Construction to Permanent Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	9,370		10,627	14,436
Allowance for loan losses	(150)	(191)	(215)	(149)	(34)	(25)
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	97,501		108,543	89,517
Allowance for loan losses	(660)	(730)	(831)	(630)	(704)	(795)
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	47,551		46,164	45,781
Allowance for loan losses	$ (726)	$ (711)	$ (478)	$ (694)	$ (539)	$ (534)

Note 3 - Loans Receivable and36

Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Allowance for Loan Losses to Loan Portfolio Segment - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Allowance for loan losses:
Beginning Balance	$ 5,193	$ 5,480	$ 4,924	$ 5,681
Charge-offs	0	(285)	(10)	(502)
Recoveries	15	19	44	35
Provision	0	0	250	0
Ending Balance	5,208	5,214	5,208	5,214
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	2,062	$ 7
Allowance for Loan Losses: collectively evaluated for impairment			5,208	3,152	4,917
Total Allowance for Loan Losses	5,208	5,480	5,208	5,214	4,924
Total Loans ending balance			493,913	407,345	476,908
Loans: individually evaluated for impairment			11,938	24,604	11,724
Loans: collectively evaluated for impairment			481,975	382,741	465,184
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	1,297	2,371	1,918	2,285
Charge-offs	0	(2)	0	(11)
Recoveries	14	4	30	4
Provision	(329)	105	(966)	200
Ending Balance	982	2,478	982	2,478
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	1,750	0
Allowance for Loan Losses: collectively evaluated for impairment			982	728	1,918
Total Allowance for Loan Losses	1,297	2,371	982	2,478	1,918
Total Loans ending balance			56,960	37,849	53,973
Loans: individually evaluated for impairment			0	7,291	2
Loans: collectively evaluated for impairment			56,960	30,558	53,971
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	2,024	1,320	1,419	1,585
Charge-offs	0	0	0	0
Recoveries	0	15	0	30
Provision	293	(210)	898	(490)
Ending Balance	2,317	1,125	2,317	1,125
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	307	0
Allowance for Loan Losses: collectively evaluated for impairment			2,317	818	1,419
Total Allowance for Loan Losses	2,024	1,320	2,317	1,125	1,419
Total Loans ending balance			273,653	219,762	254,505
Loans: individually evaluated for impairment			8,002	11,610	7,398
Loans: collectively evaluated for impairment			265,651	208,152	247,107
Construction Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	222	260	63	260
Charge-offs	0	(260)	0	(260)
Recoveries	0	0	0	0
Provision	53	0	212	0
Ending Balance	275	0	275	0
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	0	0
Allowance for Loan Losses: collectively evaluated for impairment			275	0	63
Total Allowance for Loan Losses	222	260	275	0	63
Total Loans ending balance			8,878	0	3,096
Loans: individually evaluated for impairment			0	0	0
Loans: collectively evaluated for impairment			8,878	0	3,096
Construction to Permanent Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	191	34	215	25
Charge-offs	0	0	0	0
Recoveries	0	0	5	0
Provision	(41)	115	(70)	124
Ending Balance	150	149	150	149
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	0	0
Allowance for Loan Losses: collectively evaluated for impairment			150	149	215
Total Allowance for Loan Losses	191	34	150	149	215
Total Loans ending balance			9,370	14,436	10,627
Loans: individually evaluated for impairment			0	0	0
Loans: collectively evaluated for impairment			9,370	14,436	10,627
Residential Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	730	704	831	795
Charge-offs	0	(18)	(3)	(195)
Recoveries	0	0	0	0
Provision	(70)	(56)	(168)	30
Ending Balance	660	630	660	630
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	0	0
Allowance for Loan Losses: collectively evaluated for impairment			660	630	831
Total Allowance for Loan Losses	730	704	660	630	831
Total Loans ending balance			97,501	89,517	108,543
Loans: individually evaluated for impairment			3,386	5,115	3,764
Loans: collectively evaluated for impairment			94,115	84,402	104,779
Consumer Portfolio Segment [Member]
Allowance for loan losses:
Beginning Balance	711	539	478	534
Charge-offs	0	(5)	(7)	(36)
Recoveries	1	0	9	1
Provision	14	160	246	195
Ending Balance	726	694	726	694
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	5
Allowance for Loan Losses: collectively evaluated for impairment			726	689
Total Allowance for Loan Losses	711	539	726	694	478
Total Loans ending balance			47,551	45,781	46,164
Loans: individually evaluated for impairment			550	588
Loans: collectively evaluated for impairment			47,001	45,193
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Beginning Balance	18	252	478	197
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	80	(114)	98	(59)
Ending Balance	98	138	98	138
Allowance for loan losses:
Allowance for Loan Losses: individually evaluated for impairment			0	0	7
Allowance for Loan Losses: collectively evaluated for impairment			98	138	471
Total Allowance for Loan Losses	$ 18	$ 252	98	138	478
Total Loans ending balance			0	0	46,164
Loans: individually evaluated for impairment			0	0	560
Loans: collectively evaluated for impairment			$ 0	$ 0	$ 45,604

Note 3 - Loans Receivable and37

Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Non-Accrual Loans and Past Due Matured Loans - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Commercial Real Estate
Non accrual loans	$ 511,000	$ 866,000
Substandard [Member]
Commercial Real Estate
Non accrual loans	511,000	866,000
Non-Accrual Loans [Member]
Commercial Real Estate
Non accrual loans past due	380,000	728,000
Non accrual loans current	131,000	138,000
Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial Real Estate
Non accrual loans past due	380,000	728,000
Commercial Real Estate Portfolio Segment [Member]
Commercial Real Estate
Non accrual loans	131,000	138,000
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans	131,000	138,000
Commercial Real Estate Portfolio Segment [Member] | Non-Accrual Loans [Member]
Commercial Real Estate
Non accrual loans current	131,000	138,000
Commercial Real Estate Portfolio Segment [Member] | Non-Accrual Loans [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans current	131,000	138,000
Residential Portfolio Segment [Member]
Commercial Real Estate
Non accrual loans	380,000	719,000
Residential Portfolio Segment [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans	380,000	719,000
Residential Portfolio Segment [Member] | Non-Accrual Loans [Member]
Commercial Real Estate
Non accrual loans past due	380,000	719,000
Residential Portfolio Segment [Member] | Non-Accrual Loans [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due	380,000	719,000
Residential Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial Real Estate
Non accrual loans past due	380,000	719,000
Residential Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due	$ 380,000	719,000
Commercial Portfolio Segment [Member]
Commercial Real Estate
Non accrual loans		2,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans		2,000
Commercial Portfolio Segment [Member] | Non-Accrual Loans [Member]
Commercial Real Estate
Non accrual loans past due		2,000
Commercial Portfolio Segment [Member] | Non-Accrual Loans [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due		2,000
Commercial Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial Real Estate
Non accrual loans past due		2,000
Commercial Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due		2,000
Consumer Portfolio Segment [Member]
Commercial Real Estate
Non accrual loans		7,000
Consumer Portfolio Segment [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans		7,000
Consumer Portfolio Segment [Member] | Non-Accrual Loans [Member]
Commercial Real Estate
Non accrual loans past due		7,000
Consumer Portfolio Segment [Member] | Non-Accrual Loans [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due		7,000
Consumer Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial Real Estate
Non accrual loans past due		7,000
Consumer Portfolio Segment [Member] | Non-Accrual Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Substandard [Member]
Commercial Real Estate
Non accrual loans past due		7,000
Consumer Portfolio Segment [Member] | Non-Accrual and Past Due Loans [Member]
Commercial Real Estate
Non accrual loans		$ 7,000

Note 3 - Loans Receivable and38

Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans - USD ($)	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	$ 493,913,000	$ 476,908,000	$ 407,345,000
Non-accrual loans	493,913,000	476,908,000	407,345,000
Loans	511,000	866,000
Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	479,220,000	463,914,000
Non-accrual loans	479,220,000	463,914,000
Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	7,061,000	4,049,000
Non-accrual loans	7,061,000	4,049,000
Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	7,632,000	8,945,000
Non-accrual loans	7,632,000	8,945,000
Loans	511,000	866,000
Construction Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	8,878,000	3,096,000
Non-accrual loans	8,878,000	3,096,000
Construction to Permanent Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current		10,627,000
Non-accrual loans		10,627,000
Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	4,015,000	5,469,000
Performing (accruing) loans current	493,402,000	476,042,000
Performing (accruing) loans	489,387,000	470,573,000
Non-accrual loans	493,402,000	476,042,000
Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	4,015,000	3,613,000
Performing (accruing) loans current	479,220,000	463,914,000
Performing (accruing) loans	475,205,000	460,301,000
Non-accrual loans	479,220,000	463,914,000
Performing Financial Instruments [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		1,041,000
Performing (accruing) loans current	7,061,000	4,049,000
Performing (accruing) loans	7,061,000	3,008,000
Non-accrual loans	7,061,000	4,049,000
Performing Financial Instruments [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		815,000
Performing (accruing) loans current	7,121,000	8,079,000
Performing (accruing) loans	7,121,000	7,264,000
Non-accrual loans	7,121,000	8,079,000
Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	2,300,000	2,733,000
Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	2,300,000	1,692,000
Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		1,041,000
Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	186,000	904,000
Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	186,000	89,000
Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		815,000
Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,529,000	1,832,000
Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,529,000	1,832,000
Performing Financial Instruments [Member] | Construction Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	8,878,000	3,096,000
Performing (accruing) loans	8,878,000	3,096,000
Non-accrual loans	8,878,000	3,096,000
Performing Financial Instruments [Member] | Construction to Permanent Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current		10,627,000
Performing (accruing) loans		10,627,000
Non-accrual loans		10,627,000
Commercial Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	56,960,000	53,973,000	37,849,000
Non-accrual loans	56,960,000	53,973,000	37,849,000
Loans		2,000
Commercial Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	51,451,000	48,078,000
Non-accrual loans	51,451,000	48,078,000
Commercial Portfolio Segment [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	106,000	121,000
Non-accrual loans	106,000	121,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	5,403,000	5,774,000
Non-accrual loans	5,403,000	5,774,000
Loans		2,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,976,000	1,799,000
Performing (accruing) loans current	56,960,000	53,971,000
Performing (accruing) loans	54,984,000	52,172,000
Non-accrual loans	56,960,000	53,971,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,976,000	1,799,000
Performing (accruing) loans current	51,451,000	48,078,000
Performing (accruing) loans	49,475,000	46,279,000
Non-accrual loans	51,451,000	48,078,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	106,000	121,000
Performing (accruing) loans	106,000	121,000
Non-accrual loans	106,000	121,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	5,403,000	5,772,000
Performing (accruing) loans	5,403,000	5,772,000
Non-accrual loans	5,403,000	5,772,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,976,000	1,520,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,976,000	1,520,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		279,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		279,000
Commercial Real Estate Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	273,653,000	254,505,000	219,762,000
Non-accrual loans	273,653,000	254,505,000	219,762,000
Loans	131,000	138,000
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	264,849,000	248,132,000
Non-accrual loans	264,849,000	248,132,000
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	6,955,000	3,928,000
Non-accrual loans	6,955,000	3,928,000
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	1,849,000	2,445,000
Non-accrual loans	1,849,000	2,445,000
Loans	131,000	138,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	138,000	1,856,000
Performing (accruing) loans current	273,522,000	254,367,000
Performing (accruing) loans	273,384,000	252,511,000
Non-accrual loans	273,522,000	254,367,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	138,000
Performing (accruing) loans current	264,849,000	248,132,000
Performing (accruing) loans	264,711,000	248,132,000
Non-accrual loans	264,849,000	248,132,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		1,041,000
Performing (accruing) loans current	6,955,000	3,928,000
Performing (accruing) loans	6,955,000	2,887,000
Non-accrual loans	6,955,000	3,928,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		815,000
Performing (accruing) loans current	1,718,000	2,307,000
Performing (accruing) loans	1,718,000	1,492,000
Non-accrual loans	1,718,000	2,307,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	138,000	1,041,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	138,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Special Mention [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		1,041,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		815,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due		815,000
Construction Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	8,878,000	3,096,000	0
Non-accrual loans	8,878,000	3,096,000	0
Construction Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	8,878,000	3,096,000
Performing (accruing) loans	8,878,000	3,096,000
Non-accrual loans	8,878,000	3,096,000
Construction to Permanent Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	9,370,000	10,627,000	14,436,000
Non-accrual loans	9,370,000	10,627,000	14,436,000
Construction to Permanent Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	9,370,000
Non-accrual loans	9,370,000
Construction to Permanent Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	9,370,000	10,627,000
Performing (accruing) loans	9,370,000	10,627,000
Non-accrual loans	9,370,000	10,627,000
Construction to Permanent Portfolio Segment [Member] | Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	9,370,000
Performing (accruing) loans	9,370,000
Non-accrual loans	9,370,000
Residential Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	97,501,000	108,543,000	89,517,000
Non-accrual loans	97,501,000	108,543,000	89,517,000
Loans	380,000	719,000
Residential Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	97,121,000	107,824,000
Non-accrual loans	97,121,000	107,824,000
Residential Portfolio Segment [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	380,000	719,000
Non-accrual loans	380,000	719,000
Loans	380,000	719,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,777,000	1,812,000
Performing (accruing) loans current	97,121,000	107,824,000
Performing (accruing) loans	95,344,000	106,012,000
Non-accrual loans	97,121,000	107,824,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,777,000	1,812,000
Performing (accruing) loans current	97,121,000	107,824,000
Performing (accruing) loans	95,344,000	106,012,000
Non-accrual loans	97,121,000	107,824,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	171,000	172,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	171,000	172,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	84,000	87,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	84,000	87,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,522,000	1,553,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	1,522,000	1,553,000
Consumer Portfolio Segment [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	47,551,000	46,164,000	45,781,000
Non-accrual loans	47,551,000	46,164,000	$ 45,781,000
Loans		7,000
Consumer Portfolio Segment [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current	47,551,000	46,157,000
Non-accrual loans	47,551,000	46,157,000
Consumer Portfolio Segment [Member] | Substandard [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans current		7,000
Non-accrual loans		7,000
Loans		7,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	124,000	2,000
Performing (accruing) loans current	47,551,000	46,157,000
Performing (accruing) loans	47,427,000	46,155,000
Non-accrual loans	47,551,000	46,157,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	124,000	2,000
Performing (accruing) loans current	47,551,000	46,157,000
Performing (accruing) loans	47,427,000	46,155,000
Non-accrual loans	47,551,000	46,157,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	15,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	15,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	102,000	2,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	102,000	$ 2,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	7,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Pass [Member]
Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Delinquency Status of Performing (Accruing) Loans [Line Items]
Performing (accruing) loans past due	$ 7,000

Note 3 - Loans Receivable and39

Note 3 - Loans Receivable and Allowance for Loan Losses (Details) - Impaired Loans - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
With no related allowance recorded:
With no related allowance recorded - recorded investment	$ 11,938,000		$ 11,938,000		$ 11,717,000
With no related allowance recorded - unpaid principal balance	13,272,000		13,272,000		13,511,000
With no related allowance recorded - average recorded investment	11,968,000	$ 14,442,000	12,172,000	$ 14,293,000
With no related allowance recorded - interest income recognized	131,000	123,000	260,000	236,000
With an allowance recorded:
With related allowance recorded - recorded investment	0		0		7,000
With related allowance recorded - unpaid principal balance					7,000
With related allowance recorded - Related allowance					7,000
With related allowance recorded - average recorded investment		7,665,000	1,000	7,402,000
Impaired loans	11,938,000		11,938,000		11,724,000
Unpaid principal balance	13,272,000		13,272,000		13,518,000
Related allowance					7,000
Average recorded investment	11,968,000	22,107,000	12,173,000	21,695,000
Interest income recognized	131,000	123,000	260,000	236,000
Commercial Portfolio Segment [Member]
With no related allowance recorded:
With no related allowance recorded - recorded investment					2,000
With no related allowance recorded - unpaid principal balance	98,000		98,000		104,000
With no related allowance recorded - average recorded investment		436,000	1,000	219,000
With an allowance recorded:
With related allowance recorded - average recorded investment		6,017,000		6,047,000
Impaired loans					2,000
Unpaid principal balance	98,000		98,000		104,000
Average recorded investment		6,453,000	1,000	6,266,000
Commercial Real Estate Portfolio Segment [Member]
With no related allowance recorded:
With no related allowance recorded - recorded investment	8,002,000		8,002,000		7,398,000
With no related allowance recorded - unpaid principal balance	8,836,000		8,836,000		8,249,000
With no related allowance recorded - average recorded investment	8,025,000	8,661,000	8,160,000	8,301,000
With no related allowance recorded - interest income recognized	94,000	86,000	188,000	157,000
With an allowance recorded:
With related allowance recorded - average recorded investment		1,091,000		625,000
Impaired loans	8,002,000		8,002,000		7,398,000
Unpaid principal balance	8,836,000		8,836,000		8,249,000
Average recorded investment	8,025,000	9,752,000	8,160,000	8,926,000
Interest income recognized	94,000	86,000	188,000	157,000
Construction Portfolio Segment [Member]
With no related allowance recorded:
With no related allowance recorded - unpaid principal balance	287,000		287,000		732,000
With no related allowance recorded - average recorded investment				397,000
With an allowance recorded:
With related allowance recorded - average recorded investment		173,000		217,000
Unpaid principal balance	287,000		287,000		732,000
Average recorded investment		173,000		614,000
Residential Portfolio Segment [Member]
With no related allowance recorded:
With no related allowance recorded - recorded investment	3,386,000		3,386,000		3,764,000
With no related allowance recorded - unpaid principal balance	3,414,000		3,414,000		3,793,000
With no related allowance recorded - average recorded investment	3,392,000	4,761,000	3,459,000	4,791,000
With no related allowance recorded - interest income recognized	32,000	32,000	63,000	65,000
With an allowance recorded:
With related allowance recorded - average recorded investment		381,000		511,000
Impaired loans	3,386,000		3,386,000		3,764,000
Unpaid principal balance	3,414,000		3,414,000		3,793,000
Average recorded investment	3,392,000	5,142,000	3,459,000	5,302,000
Interest income recognized	32,000	32,000	63,000	65,000
Consumer Portfolio Segment [Member]
With no related allowance recorded:
With no related allowance recorded - recorded investment	550,000		550,000		553,000
With no related allowance recorded - unpaid principal balance	637,000		637,000		633,000
With no related allowance recorded - average recorded investment	551,000	584,000	552,000	585,000
With no related allowance recorded - interest income recognized	5,000	5,000	9,000	14,000
With an allowance recorded:
With related allowance recorded - recorded investment					7,000
With related allowance recorded - unpaid principal balance					7,000
With related allowance recorded - Related allowance					7,000
With related allowance recorded - average recorded investment		3,000	1,000	2,000
Impaired loans	550,000		550,000		560,000
Unpaid principal balance	637,000		637,000		640,000
Related allowance					$ 7,000
Average recorded investment	551,000	587,000	553,000	587,000
Interest income recognized	$ 5,000	$ 5,000	$ 9,000	$ 14,000

Note 4 - Deposits (Details) - S

Note 4 - Deposits (Details) - Summary of the Company’s Deposits - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Summary of the Company’s Deposits [Abstract]
Non-interest bearing	$ 79,774	$ 63,398
Interest bearing
NOW	30,558	26,269
Savings	94,531	93,790
Money market	21,685	24,650
Time certificates, less than $100,000	94,362	106,340
Time certificates, $100,000 or more	88,346	97,876
Brokered Deposits	48,199	30,710
Total interest bearing	377,681	379,635
Total Deposits	$ 457,455	$ 443,033

Note 5 - Share-Based Compensa41

Note 5 - Share-Based Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Note 5 - Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)	3,000,000		3,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	2,878,805		2,878,805
Allocated Share-based Compensation Expense	$ 114,000	$ 72,000	$ 228,000	$ 130,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)			2,940
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)	0		0		0
Restricted Stock [Member]
Note 5 - Share-Based Compensation (Details) [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 875,000		$ 875,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 175 days
Restricted Stock [Member] | Share-based Compensation Award, Tranche One [Member]
Note 5 - Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Restricted Stock [Member] | Share-based Compensation Award, Tranche Two [Member]
Note 5 - Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			4 years
Restricted Stock [Member] | Share-based Compensation Award, Tranche Three [Member]
Note 5 - Share-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			5 years

Note 5 - Share-Based Compensa42

Note 5 - Share-Based Compensation (Details) - Summary of Restricted Shares - Restricted Stock [Member] - $ / shares		6 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Note 5 - Share-Based Compensation (Details) - Summary of Restricted Shares [Line Items]
Number of shares awarded, nonvested shares	[1]	81,698	79,208
Weighted average grant date fair value, nonvested shares	[1]	$ 12.92	$ 12.79
Granted	[1]	2,940
Granted	[1]	$ 17
Vested	[1]	(450)
Vested	[1]	$ 17.25
[1]	All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015.

Note 6 - Income Taxes (Details)

Note 6 - Income Taxes (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Tax Expense (Benefit)	$ 452,000	$ 0	$ 653,000	$ 0
Deferred Tax Assets, Valuation Allowance					$ 16,800,000
Increase (Decrease) in Deferred Income Taxes					(700,000)
Deferred Tax Assets, Net	$ 14,200,000		$ 14,200,000		$ 14,900,000

Note 7 - Income (Loss) Per Sh44

Note 7 - Income (Loss) Per Share (Details) - shares	Jun. 30, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0	0

Note 7 - Income (Loss) Per Sh45

Note 7 - Income (Loss) Per Share (Details) - Computation of Income (Loss) Per Share - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 7 - Income (Loss) Per Share (Details) - Computation of Income (Loss) Per Share [Line Items]
Basic Earnings Per Share-net income (in Dollars)		$ 689,000	$ 525,000	$ 978,000	$ 844,000
Basic Earnings Per Share-common shares outstanding	[1]	3,872,073	3,849,762	3,871,960	3,849,539
Basic Earnings Per Share-Amount (in Dollars per share)	[1]	$ 0.18	$ 0.14	$ 0.25	$ 0.22
Effect of Dilutive Securities
NetIncomeLoss		$ 689,000	$ 525,000	$ 978,000	$ 844,000
Diluted Earnings Per Share-common shares outstanding	[1]	3,893,166	3,868,221	3,892,952	3,875,261
Diluted Earnings Per Share-Amount (in Dollars per share)	[1],[2]	$ 0.18	$ 0.14	$ 0.25	$ 0.22
Restricted Stock [Member]
Effect of Dilutive Securities
Non-vested Restricted Stock Grants-common shares outstanding	[1]	21,093	18,459	20,992	25,722
[1]	All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015
[2]	All common stock data has been restated for a 1-for-10 reverse stock split which took effect on March 4, 2015.

Note 8 - Other Comprehensive 46

Note 8 - Other Comprehensive Income (Details) - Other Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Comprehensive Income [Abstract]
Unrealized holding (losses) gains arising during the period	$ (46)	$ 108	$ 221	$ 501
Unrealized holding (losses) gains arising during the period	19		(85)
Unrealized holding (losses) gains arising during the period	$ (27)	$ 108	$ 136	$ 501

Note 9 - Financial Instrument47

Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details)	Jun. 30, 2015USD ($)
Risks and Uncertainties [Abstract]
Banks Reserve Based on Analysis in Unfunded Commitments	$ 5,000

Note 9 - Financial Instrument48

Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk $ in Thousands	Jun. 30, 2015USD ($)
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	$ 85,402
Future Loan Commitments [Member]
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	14,368
Home Equity Lines of Credit [Member]
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	24,193
Unused Line of Credit [Member]
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	29,431
Undisbursed Construction Loans [Member]
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	15,885
Financial Standy Letter of Credit [Member]
Note 9 - Financial Instruments with Off-Balance Sheet Risk (Details) - Contractual Amounts Represent Credit Risk [Line Items]
Commitments to extend credit	$ 1,525

Note 10 - Regulatory and Oper49

Note 10 - Regulatory and Operational Matters (Details) - Company’s and Bank’s Actual Capital Amounts and Ratios - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Parent Company [Member]
The Company:
Tier 1 Capital (to Average Assets) Actual Amount	$ 58,040	$ 58,218
Tier 1 Capital (to Average Assets) Actual Ratio	9.44%	9.62%
Tier 1 Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 24,585	$ 24,210
Tier 1 Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 30,731	$ 30,262
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 50,040
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	10.17%
Common Equity Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 22,133
Common Equity Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	4.50%
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 31,969
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 58,040	$ 58,218
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	11.80%	12.98%
Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 29,510	$ 17,942
Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 39,347	$ 26,913
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	6.00%
Total Capital (to Risk Weighted Assets) Actual Amount	$ 63,256	$ 63,142
Total Capital (to Risk Weighted Assets) Actual Ratio	12.86%	14.08%
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 39,347	$ 35,884
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 49,184	$ 44,855
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Bank [Member]
The Company:
Tier 1 Capital (to Average Assets) Actual Amount	$ 58,218	$ 58,227
Tier 1 Capital (to Average Assets) Actual Ratio	9.48%	9.63%
Tier 1 Capital (to Average Assets) For Capital Adequacy Purposes Amount	$ 24,575	$ 24,198
Tier 1 Capital (to Average Assets) For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 30,719	$ 30,247
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 58,218
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	11.84%
Common Equity Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 22,122
Common Equity Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	4.50%
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 31,954
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 58,218	$ 58,227
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	11.84%	12.98%
Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 29,496	$ 17,946
Tier 1 Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	6.00%	4.00%
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 39,328	$ 26,918
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	6.00%
Total Capital (to Risk Weighted Assets) Actual Amount	$ 63,435	$ 63,151
Total Capital (to Risk Weighted Assets) Actual Ratio	12.90%	14.08%
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Amount	$ 39,328	$ 35,891
Total Capital (to Risk Weighted Assets) For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 49,160	$ 44,864
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%

Note 11 - Fair Value and Inte50

Note 11 - Fair Value and Interest Rate Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 11 - Fair Value and Interest Rate Risk (Details) [Line Items]
Other Investments	$ 4,450	$ 4,450
Solomon Hess SBA Loan Fund [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) [Line Items]
Other Investments	$ 4,500

Note 11 - Fair Value and Inte51

Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	$ 31,640	$ 33,682
Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	31,640	33,682
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,175	17,337
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,175	17,337
US Government Agencies Debt Securities [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	7,429	7,409
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	7,429	7,409
Corporate Debt Securities [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	9,036	8,936
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	9,036	8,936
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	31,640	33,682
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,175	17,337
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	7,429	7,409
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	$ 9,036	$ 8,936

Note 11 - Fair Value and Inte52

Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Non-Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Non-Recurring Basis [Line Items]
Impaired loans	$ 11,938	$ 11,724
Impaired Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Non-Recurring Basis [Line Items]
Impaired loans	528	859
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 11 - Fair Value and Interest Rate Risk (Details) - Financial Assets Measured at Fair Value on a Non-Recurring Basis [Line Items]
Impaired loans	$ 528	$ 859

Note 11 - Fair Value and Inte53

Note 11 - Fair Value and Interest Rate Risk (Details) - Quantitative Information About Level 3 Fair Value Measurements - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans		$ 11,938	$ 11,724
Fair Value, Inputs, Level 3 [Member] | Fair Value of Collateral Approach [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Impaired loans		$ 528	$ 859
Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Fair Value of Collateral Approach [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range, percent		14.00%	8.00%
Fair Value, Inputs, Level 3 [Member] | Weighted Average [Member] | Fair Value of Collateral Approach [Member] | Fair Value, Measurements, Nonrecurring [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Range, percent	[1]
[1]	The range and weighted average of qualitative factors such as economic conditions and estimated liquidation expenses are presented as a percent of the appraised value.

Note 11 - Fair Value and Inte54

Note 11 - Fair Value and Interest Rate Risk (Details) - Carrying Amounts and Estimated Fair Values of Financial Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial Assets:
Cash and noninterest bearing balances due from banks	$ 2,892	$ 2,095
Interest-bearing deposits due from banks	50,201	71,163
Other investments	4,450	4,450
Federal Reserve Bank stock	2,020	2,058
Federal Home Loan Bank stock	6,628	6,628
Loans receivable, net	488,705	471,984
Accrued interest receivable	2,034	1,918
Financial Liabilities:
Savings deposits	94,531	93,790
Money market deposits	21,685	24,650
NOW accounts	30,558	26,269
Brokered Deposits	48,199	30,710
Fair Value, Inputs, Level 1 [Member]
Financial Assets:
Cash and noninterest bearing balances due from banks	2,892	2,095
Cash and noninterest bearing balances due from banks	2,892	2,095
Interest-bearing deposits due from banks	50,201	71,163
Interest-bearing deposits due from banks	50,201	71,163
Accrued interest receivable	2,034	1,918
Accrued interest receivable	2,034	1,918
Financial Liabilities:
Demand deposits	79,774	63,398
Demand deposits	79,774	63,398
Savings deposits	94,531	93,790
Savings deposits	94,531	93,790
Money market deposits	21,685	24,650
Money market deposits	21,685	24,650
NOW accounts	30,558	26,269
NOW accounts	30,558	26,269
Brokered Deposits	48,199	30,710
Brokered Deposits	48,199	30,710
Accrued interest payable	283	167
Accrued interest payable	283	167
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Other investments	4,450	4,450
Other investments	4,450	4,450
Federal Reserve Bank stock	2,020	2,058
Federal Reserve Bank stock	2,020	2,058
Federal Home Loan Bank stock	6,628	6,628
Federal Home Loan Bank stock	6,628	6,628
Financial Liabilities:
Time deposits	182,708	204,216
Time deposits	182,698	204,262
FHLB Borrowings	100,000	120,000
FHLB Borrowings	100,000	120,000
Subordinated debentures	8,248	8,248
Subordinated debentures	8,248	8,248
Fair Value, Inputs, Level 3 [Member]
Financial Assets:
Loans receivable, net	488,705	471,984
Loans receivable, net	$ 491,265	$ 476,631