New Peoples Bankshares (NWPP) 10-Q 15 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 12, 2017
Document And Entity Information
Entity Registrant Name	NEW PEOPLES BANKSHARES INC
Entity Central Index Key	1,163,389
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		23,355,457
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,017

Statements of Operations

Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
INTEREST AND DIVIDEND INCOME
Loans including fees	$ 5,664,000	$ 5,565,000
Interest-earning deposits with banks	43,000	21,000
Investments	350,000	464,000
Dividends on equity securities (restricted)	32,000	32,000
Total Interest and Dividend Income	6,089,000	6,082,000
Deposits
Demand	13,000	11,000
Savings	47,000	41,000
Time deposits below $100,000	289,000	265,000
Time deposits above $100,000	189,000	154,000
FHLB advances	45,000	36,000
Federal funds purchased		2,000
Trust Preferred Securities	141,000	122,000
Total Interest Expense	724,000	631,000
NET INTEREST INCOME	5,365,000	5,451,000
PROVISION FOR LOAN LOSSES
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	5,365,000	5,451,000
NONINTEREST INCOME
Service charges	833,000	488,000
Fees, commission and other income	802,000	805,000
Insurance and investment fees	52,000	158,000
Net realized gains on sale of investment securities		105,000
Life insurance investment income	27,000	30,000
Total Noninterest Income	1,714,000	1,586,000
NONINTEREST EXPENSES
Salaries and employee benefits	3,381,000	3,210,000
Occupancy and equipment expenses	1,127,000	853,000
Advertising and public relations	93,000	104,000
Data processing and telecommunications	553,000	581,000
FDIC insurance premiums	102,000	134,000
Other real estate owned and repossessed assets, net	300,000	163,000
Other operating expenses	1,422,000	1,292,000
Total Noninterest Expenses	6,978,000	6,337,000
INCOME BEFORE INCOME TAXES	101,000	700,000
INCOME TAX EXPENSE (BENEFIT)	(14,000)	2,000
NET INCOME	$ 115,000	$ 698,000
Income Per Share
Basic	$ 0	$ 0.03
Fully Diluted	$ 0	$ 0.03
Average Weighted Shares of Common Stock
Basic	23,354,890	23,354,082
Fully Diluted	23,354,890	23,354,082

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Consolidated Statements Of Comprehensive Income Loss
NET INCOME	$ 115,000	$ 698,000
Investment securities activity
Unrealized gains (losses) arising during the year	89,000	785,000
Tax related to unrealized gains (losses)	(30,000)	(267,000)
Reclassification of realized gains during the period		(105,000)
Tax related to realized gains		36,000
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	59,000	449,000
TOTAL COMPREHENSIVE INCOME (LOSS)	$ 174,000	$ 1,147,000

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 17,924,000	$ 18,500,000
Interest-bearing deposits with banks	21,664,000	16,816,000
Federal funds sold	108,000	132,000
Total Cash and Cash Equivalents	39,696,000	35,448,000
Investment securities available-for-sale	72,010,000	70,011,000
Loans receivable	476,490,000	468,629,000
Allowance for loan losses	(5,968,000)	(6,072,000)
Net Loans	470,522,000	462,557,000
Bank premises and equipment, net	29,937,000	29,985,000
Equity securities (restricted)	2,585,000	2,802,000
Other real estate owned	10,161,000	10,655,000
Accrued interest receivable	1,734,000	1,848,000
Life insurance investments	12,301,000	12,274,000
Deferred taxes, net	5,255,000	5,285,000
Other assets	3,393,000	3,470,000
Total Assets	647,594,000	634,335,000
Demand deposits:
Noninterest bearing	159,301,000	151,914,000
Interest-bearing	41,663,000	40,213,000
Savings deposits	123,403,000	114,492,000
Time deposits	248,384,000	247,819,000
Total Deposits	572,751,000	554,438,000
Federal Home Loan Bank advances	8,458,000	13,758,000
Accrued interest payable	342,000	331,000
Accrued expenses and other liabilities	2,455,000	2,395,000
Trust preferred securities	16,496,000	16,496,000
Total Liabilities	600,502,000	587,418,000
STOCKHOLDERS' EQUITY
Common stock - $2.00 par value; 50,000,000 shares authorized; 23,355,457 and 23,354,457 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	46,711,000	46,709,000
Common stock warrants	763,000	764,000
Additional paid-in capital	13,965,000	13,965,000
Retained deficit	(13,950,000)	(14,065,000)
Accumulated other comprehensive income (loss)	(397,000)	(456,000)
Total Stockholders' Equity	47,092,000	46,917,000
Total Liabilities and Stockholders' Equity	$ 647,594,000	$ 634,335,000

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 2	$ 2
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	23,355,457	23,354,457
Common stock, shares outstanding	23,355,457	23,354,457

Shareholders Equity

Shareholders Equity - USD ($)	Common Stock	Common Stock Warrants	Additional Paid-In Capital	Retained Earnings (Deficit)	Accumulated Other Comprehensive Income (Loss)	Total
Balance at Dec. 31, 2015	$ 46,708,000	$ 764,000	$ 13,965,000	$ (15,023,000)	$ (327,000)	$ 46,087,000
Balance, Shares at Dec. 31, 2015	23,354
Net income				698,000		698,000
Other comprehensive income, net of tax					449,000	449,000
Balance at Mar. 31, 2016	$ 46,708,000	764,000	13,965,000	(14,325,000)	122,000	47,234,000
Balance, Shares at Mar. 31, 2016	23,354
Balance at Dec. 31, 2016	$ 46,709,000	764,000	13,965,000	(14,065,000)	(456,000)	$ 46,917,000
Balance, Shares at Dec. 31, 2016	23,354					23,354,457
Net income					115,000	$ 115,000
Other comprehensive income, net of tax					59,000	59,000
Balance at Mar. 31, 2017	$ 46,711,000	$ 763,000	$ 13,965,000	$ (13,950,000)	$ (397,000)	$ 47,092,000
Balance, Shares at Mar. 31, 2017	23,355					23,355,457

Statements of Cash Flows

Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 115,000	$ 698,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	638,000	551,000
Income on life insurance	(27,000)	(30,000)
Gain on sale of securities available-for-sale		(105,000)
Gain on sale of premises and equipment	(1,000)
Gain on sale of foreclosed assets	(24,000)	(43,000)
Adjustment of carrying value of foreclosed real estate	176,000	(4,000)
Accretion of bond premiums/discounts	201,000	253,000
Deferred tax benefit		(70,000)
Net change in:
Interest receivable	114,000	22,000
Other assets	77,000	(1,407,000)
Accrued interest payable	11,000	(1,000)
Accrued expenses and other liabilities	60,000	2,518,000
Net Cash Provided by Operating Activities	1,340,000	2,382,000
CASH FLOWS FROM INVESTING ACTIVITIES
Net increase in loans	(8,777,000)	(10,233,000)
Purchase of securities available-for-sale	(6,564,000)	(100,000)
Proceeds from sale and maturities of securities available-for-sale	4,453,000	17,564,000
Net sale (purchase) of equity securities (restricted)	217,000	(314,000)
Payments for the purchase of premises and equipment	(593,000)	(3,215,000)
Proceeds from sale of premises and equipment	4,000
Proceeds from sales of other real estate owned	1,154,000	68,000
Net Cash Provided by (Used in) Investing Activities	(10,106,000)	3,770,000
CASH FLOWS FROM FINANCING ACTIVITIES
Exercise of common stock warrants	1,000
Net increase (decrease) in Federal Home Loan Bank advances	(5,300,000)	9,700,000
Net change in:
Demand deposits	8,837,000	10,696,000
Savings deposits	8,911,000	(7,816,000)
Time deposits	565,000	(5,683,000)
Net Cash Provided by (Used in) Financing Activities	13,014,000	6,897,000
Net increase in cash and cash equivalents	4,248,000	13,049,000
Cash and Cash Equivalents, Beginning of the Year	35,448,000	26,338,000
Cash and Cash Equivalents, End of the Year	39,696,000	39,387,000
Supplemental Disclosure of Cash Paid During the Year for:
Interest	713,000	632,000
Taxes		70,000
Supplemental Disclosure of Non Cash Transactions:
Other real estate acquired in settlement of foreclosed loans	1,624,000	1,063,000
Loans made to finance sale of foreclosed real estate	812,000	244,000
Change in unrealized gains (losses) on securities available-for-sale	$ 89,000	$ 680,000

1. NATURE OF OPERATIONS

1. NATURE OF OPERATIONS	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
1. NATURE OF OPERATIONS	NOTE 1 NATURE OF OPERATIONS: New Peoples Bankshares, Inc. (“The Company”) is a financial holding company whose principal activity is the ownership and management of a community bank. New Peoples Bank, Inc. (“Bank”) was organized and incorporated under the laws of the Commonwealth of Virginia on December 9, 1997. The Bank commenced operations on October 28, 1998, after receiving regulatory approval. As a state-chartered member bank, the Bank is subject to regulation by the Virginia Bureau of Financial Institutions, the Federal Deposit Insurance Corporation and the Federal Reserve Bank. The Bank provides general banking services to individuals, small and medium size businesses and the professional community of southwestern Virginia, southern West Virginia, and eastern Tennessee. On June 9, 2003, the Company formed two wholly-owned subsidiaries; NPB Financial Services, Inc. and NPB Web Services, Inc. On July 7, 2004 the Company established NPB Capital Trust I for the purpose of issuing trust preferred securities. On September 27, 2006, the Company established NPB Capital Trust 2 for the purpose of issuing additional trust preferred securities. NPB Financial Services, Inc. was a subsidiary of the Company until January 1, 2009 when it became a subsidiary of the Bank. In June 2012 the name of NPB Financial Services, Inc. was changed to NPB Insurance Services, Inc. which operates solely as an insurance agency. On March 4, 2016 the Federal Reserve Bank of Richmond approved the Company’s election to become a financial holding company. In July 2016, the Bank and its wholly-owned subsidiary NPB Insurance Services, Inc. announced by press release its teaming up with The Hilb Group of Virginia dba CSE Insurance Services, a division of the Hilb Group, LLC (“CSE”), located in Abingdon, Virginia, to provide insurance services for its current and future customers. Effective July 1, 2016, NPB Insurance Services, Inc. sold its existing book of business to CSE. These customers are now serviced by CSE and the Bank refers future insurance needs of its bank customers to CSE.

2. ACCOUNTING POLICIES

2. ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 ACCOUNTING PRINCIPLES: These consolidated financial statements conform to U. S. generally accepted accounting principles and to general industry practices. In the opinion of management, the accompanying consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the Company’s financial position at March 31, 2017 and December 31, 2016, and the results of operations for the three-month periods ended March 31, 2017 and 2016. The notes included herein should be read in conjunction with the notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The results of operations for the three month periods ended March 31, 2017 and 2016 are not necessarily indicative of the results to be expected for the full year. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The determination of the adequacy of the allowance for loan losses and the determination of the deferred tax asset and related valuation allowance are based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions.

3. EARNINGS PER SHARE

3. EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2017
Income Per Share
3. EARNINGS PER SHARE	NOTE 3 EARNINGS PER SHARE: Basic earnings per share computations are based on the weighted average number of shares outstanding during each period. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued related to outstanding common stock warrants are determined by the Treasury method. For the three-months ended March 31, 2017 and 2016, potential common shares of 880,978 and 882,353, respectively, were anti-dilutive and were not included in the calculation. Basic and diluted net income per common share calculations follows: (Amounts in Thousands, Except Share and Per Share Data) For the three months ended March 31, 2017 2016 Net income $ 115 $ 698 Weighted average shares outstanding 23,354,890 23,354,082 Dilutive shares for stock warrants — — Weighted average dilutive shares outstanding 23,354,890 23,354,082 Basic income per share $ 0.00 $ 0.03 Diluted income per share $ 0.00 $ 0.03

4. CAPITAL

4. CAPITAL	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
4. CAPITAL	NOTE 4 CAPITAL: Capital Requirements and Ratios The Bank is subject to various capital requirements administered by federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and, possibly, additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined) to risk-weighted assets (as defined), Tier 1 capital (as defined) to average assets (as defined), and Common Equity Tier 1 capital (as defined) to risk-weighted assets (as defined). As of March 31, 2017, the Bank meets all capital adequacy requirements to which it is subject. The Company meets eligibility criteria of a small bank holding company in accordance with the Federal Reserve Board’s Small Bank Holding Company Policy Statement issued in February 2015, and is no longer obligated to report consolidated regulatory capital. The Bank’s actual capital amounts and ratios are presented in the following table as of March 31, 2017 and December 31, 2016, respectively. These ratios comply with Federal Reserve rules to align with the Basel III Capital requirements effective January 1, 2015. Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio March 31, 2017: Total Capital to Risk Weighted Assets: New Peoples Bank, Inc. 67,196 16.19 % $ 33,197 8.0 % $ 41,496 10.0 % Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 61,999 14.94 % 24,898 6.0 % 33,197 8.0 % Tier 1 Capital to Average Assets: New Peoples Bank, Inc. 61,999 9.73 % 25,498 4.0 % 31,873 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 61,999 14.94 % 18,673 4.5 % 26,973 6.5 % December 31, 2016: Total Capital to Risk Weighted Assets: New Peoples Bank, Inc. 67,549 16.64 % $ 32,476 8.0 % $ 40,595 10.0 % Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 62,462 15.39 % 24,357 6.0 % 32,476 8.0 % Tier 1 Capital to Average Assets: New Peoples Bank, Inc. 62,462 9.93 % 25,149 4.0 % 31,436 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 62,462 15.39 % 18,268 4.5 % 26,386 6.5 % As of March 31, 2017, the Bank was well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 leverage, and Common Equity Tier 1 ratios as set forth in the above tables. There are no conditions or events since the notification that management believes have changed the Bank’s category. Under Basel III Capital requirements, a capital conservation buffer of 0.625% became effective beginning on January 1, 2016. The capital conservation buffer will be gradually increased through January 1, 2019 to 2.5%. Banks will be required to maintain levels that meet the required minimum plus the capital conservation buffer in order to make distributions, such as dividends, or discretionary bonus payments.

5. INVESTMENT SECURITIES

5. INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2017
Investment securities activity
5. INVESTMENT SECURITIES	NOTE 5 INVESTMENT SECURITIES: The amortized cost and estimated fair value of securities (all available-for-sale (“AFS”)) are as follows: Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value March 31, 2017 U.S. Government Agencies $ 24,611 $ 77 $ 218 $ 24,470 Taxable municipals 2,332 3 48 2,287 Corporate bonds 3,600 189 - 3,789 Mortgage backed securities 42,069 26 631 41,464 Total Securities AFS $ 72,612 $ 295 $ 897 $ 72,010 December 31, 2016 U.S. Government Agencies $ 24,821 $ 80 $ 269 $ 24,632 Taxable municipals 2,340 2 50 2,292 Corporate bonds 3,600 149 - 3,749 Mortgage backed securities 39,941 25 628 39,338 Total Securities AFS $ 70,702 $ 256 $ 947 $ 70,011 The following table details unrealized losses and related fair values in the available-for-sale portfolio. This information is aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of March 31, 2017 and December 31, 2016. Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2017 U.S. Government Agencies $ 12,661 $ 204 $ 2,461 $ 14 $ 15,122 $ 218 Taxable municipals 1,559 48 — — 1,559 48 Corporate bonds — — — — — — Mtg. backed securities 29,695 541 5,195 90 34,890 631 Total Securities AFS $ 43,915 $ 793 $ 7,656 $ 104 $ 51,571 $ 897 December 31, 2016 U.S. Government Agencies $ 12,081 $ 250 $ 2,449 $ 19 $ 14,530 $ 269 Taxable municipals 1,561 50 — — 1,561 50 Corporate bonds 500 — — — 500 — Mtg. backed securities 28,680 543 4,655 85 33,335 628 Total Securities AFS $ 42,822 $ 843 $ 7,104 $ 104 $ 49,926 $ 947 At March 31, 2017, the available-for-sale portfolio included 112 investments for which the fair market value was less than amortized cost. At December 31, 2016, the available-for-sale portfolio included 107 investments for which the fair market value was less than amortized cost. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial conditions and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Based on the Company’s analysis, the Company concluded that no securities had an other-than-temporary impairment. There were no sales of investment securities during the three months ended March 31, 2017. Gross proceeds on the sale of investment securities were $12.9 million for the three months ended March 31, 2016, with $119 thousand of gross gains realized and $14 thousand of gross losses realized. The amortized cost and fair value of investment securities at March 31, 2017, by contractual maturity, are shown in the following schedule. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Weighted (Dollars are in thousands) Amortized Fair Average Securities Available-for-Sale Cost Value Yield Due in one year or less $ - $ - -% Due after one year through five years 2,184 2,177 2.04% Due after five years through ten years 14,026 14,149 2.64% Due after ten years 56,402 55,684 2.04% Total $ 72,612 $ 72,010 2.16% Investment securities with a carrying value of $9.4 million and $11.3 million at March 31, 2017 and December 31, 2016, respectively, were pledged as collateral to secure public deposits and for other purposes required by law. The Bank, as a member of the Federal Reserve Bank and the Federal Home Loan Bank, is required to hold stock in each. The Bank also owns stock in CBB Financial Corp., which is a correspondent of the Bank. These equity securities are restricted from trading and are recorded at a cost of $2.6 million and $2.8 million as of March 31, 2017 and December 31, 2016, respectively.

6. LOANS

6. LOANS	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
6. LOANS	NOTE 6 LOANS: Loans receivable outstanding are summarized as follows: (Dollars are in thousands) March 31, 2017 December 31, 2016 Real estate secured: Commercial $ 103,457 $ 103,331 Construction and land development 26,588 25,755 Residential 1-4 family 252,917 249,700 Multifamily 14,135 12,582 Farmland 24,912 24,948 Total real estate loans 422,009 416,316 Commercial 28,259 26,955 Agriculture 3,662 3,164 Consumer installment loans 21,839 22,188 All other loans 721 6 Total loans $ 476,490 $ 468,629 Loans receivable on nonaccrual status are summarized as follows: (Dollars are in thousands) March 31, 2017 December 31, 2016 Real estate secured: Commercial $ 2,102 $ 3,403 Construction and land development 328 319 Residential 1-4 family 7,706 8,355 Multifamily 162 166 Farmland 3,541 1,003 Total real estate loans 13,839 13,246 Commercial 11 — Agriculture 83 83 Consumer installment loans 49 76 All other loans — — Total loans receivable on nonaccrual status $ 13,982 $ 13,405 Total interest income not recognized on nonaccrual loans for the three months ended March 31, 2017 and 2016 was $363 thousand and $94 thousand, respectively. The following table presents information concerning the Company’s investment in loans considered impaired as of March 31, 2017 and December 31, 2016: As of March 31, 2017 (Dollars are in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 2,755 $ 3,128 $ — Construction and land development 4 4 — Residential 1-4 family 3,781 4,084 — Multifamily 731 772 — Farmland 3,872 4,592 — Commercial — — — Agriculture 19 19 — Consumer installment loans 9 9 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 611 697 125 Construction and land development 229 463 95 Residential 1-4 family 846 872 103 Multifamily — — — Farmland 589 602 297 Commercial 66 66 17 Agriculture 1 1 1 Consumer installment loans — — — All other loans — — — Total $ 13,513 $ 15,309 $ 638 As of December 31, 2016 (Dollars are in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 3,636 $ 4,055 $ — Construction and land development 5 5 — Residential 1-4 family 3,861 4,182 — Multifamily 301 342 — Farmland 3,895 4,601 — Commercial — — — Agriculture 19 19 — Consumer installment loans 26 43 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 1,191 1,270 65 Construction and land development 240 469 106 Residential 1-4 family 555 565 56 Multifamily — — — Farmland 591 602 299 Commercial 67 67 18 Agriculture 5 5 5 Consumer installment loans 9 9 3 All other loans — — — Total $ 14,401 $ 16,234 $ 552 The following table presents information concerning the Company’s average impaired loans and interest recognized on those impaired loans, for the periods indicated: Three Months Ended March 31, 2017 March 31, 2016 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Real estate secured: Commercial $ 3,196 $ 25 $ 4,479 $ 35 Construction and land development 5 — 171 (1 ) Residential 1-4 family 3,821 49 3,599 51 Multifamily 516 12 269 2 Farmland 3,884 (115 ) 4,149 51 Commercial — — — — Agriculture 19 — 36 1 Consumer installment loans 18 — 27 1 All other loans — — — — With an allowance recorded: Real estate secured: Commercial 901 2 1,768 — Construction and land development 235 — 283 — Residential 1-4 family 701 9 1,271 5 Multifamily — — 117 2 Farmland 590 5 640 6 Commercial 67 — 74 1 Agriculture 3 — 117 (2 ) Consumer installment loans 5 — 28 — All other loans — — — — Total $ 13,961 $ (13 ) $ 17,028 $ 152 An age analysis of past due loans receivable is below. At March 31, 2017 and December 31, 2016, there were no loans over 90 days past due that were accruing. As of March 31, 2017 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ 1,239 $ 200 $ 18 $ 1,457 $ 102,000 $ 103,457 Construction and land development — 16 66 82 26,506 26,588 Residential 1-4 family 3,509 1,319 1,372 6,200 246,717 252,917 Multifamily — 436 — 436 13,699 14,135 Farmland 245 475 2,562 3,282 21,630 24,912 Total real estate loans 4,993 2,446 4,018 11,457 410,552 422,009 Commercial 76 — 11 87 28,172 28,259 Agriculture 27 — 79 106 3,556 3,662 Consumer installment Loans 42 3 24 69 21,770 21,839 All other loans — — — — 721 721 Total loans $ 5,138 $ 2,449 $ 4,132 $ 11,719 $ 464,771 $ 476,490 As of December 31, 2016 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ 1,676 $ 307 $ 1,083 $ 3,066 $ 100,265 $ 103,331 Construction and land development 103 17 44 164 25,591 25,755 Residential 1-4 family 4,237 1,547 2,233 8,017 241,683 249,700 Multifamily 1,367 — — 1,367 11,215 12,582 Farmland 2,987 — — 2,987 21,961 24,948 Total real estate loans 10,370 1,871 3,360 15,601 400,715 416,316 Commercial 20 — — 20 26,935 26,955 Agriculture 19 — 78 97 3,067 3,164 Consumer installment Loans 110 15 36 161 22,027 22,188 All other loans — — — — 6 6 Total loans $ 10,519 $ 1,886 $ 3,474 $ 15,879 $ 452,750 $ 468,629 The Company categorizes loans receivable into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans receivable as to credit risk. The Company uses the following definitions for risk ratings: Pass Special Mention Substandard A substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful Based on the most recent analysis performed, the risk category of loans receivable was as follows: As of March 31, 2017 (Dollars are in thousands) Pass Special Mention Substandard Total Real estate secured: Commercial $ 92,675 $ 8,465 $ 2,317 $ 103,457 Construction and land development 24,826 1,434 328 26,588 Residential 1-4 family 242,254 2,083 8,580 252,917 Multifamily 11,989 1,350 796 14,135 Farmland 18,993 1,613 4,306 24,912 Total real estate loans 390,737 14,945 16,327 422,009 Commercial 27,485 708 66 28,259 Agriculture 3,564 14 84 3,662 Consumer installment loans 21,762 — 77 21,839 All other loans 721 — — 721 Total $ 444,269 $ 15,667 $ 16,554 $ 476,490 As of December 31, 2016 (Dollars are in thousands) Pass Special Mention Substandard Total Real estate secured: Commercial $ 92,562 $ 6,922 $ 3,847 $ 103,331 Construction and land development 23,905 1,531 319 25,755 Residential 1-4 family 238,400 2,117 9,183 249,700 Multifamily 10,848 1,367 367 12,582 Farmland 19,070 1,545 4,333 24,948 Total real estate loans 384,785 13,482 18,049 416,316 Commercial 26,197 691 67 26,955 Agriculture 3,076 — 88 3,164 Consumer installment loans 22,086 — 102 22,188 All other loans 6 — — 6 Total $ 436,150 $ 14,173 18,306 $ 468,629

7. ALLOWANCE FOR LOAN LOSSES

7. ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
7. ALLOWANCE FOR LOAN LOSSES	NOTE 7 ALLOWANCE FOR LOAN LOSSES: The following table details activity in the allowance for loan losses by portfolio segment for the period ended March 31, 2017. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. As of March 31, 2017 (Dollars are in thousands) Beginning Balance Charge Offs Recoveries Provisions Ending Balance Real estate secured: Commercial $ 1,625 $ (73 ) $ — $ 9 $ 1,561 Construction and land development 346 — — (33 ) 313 Residential 1-4 family 2,376 (162 ) 23 2 2,239 Multifamily 241 — — 33 274 Farmland 428 — 5 60 493 Total real estate loans 5,016 (235 ) 28 71 4,880 Commercial 163 — 119 (69 ) 213 Agriculture 31 — 1 (5 ) 27 Consumer installment loans 123 (30 ) 13 7 113 All other loans — — — 5 5 Unallocated 739 — — (9 ) 730 Total $ 6,072 $ (265 ) $ 161 $ — $ 5,968 Allowance for Loan Losses Recorded Investment in Loans As of March 31, 2017 (Dollars are in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Real estate secured: Commercial $ 125 $ 1,436 $ 1,561 $ 3,366 $ 100,091 $ 103,457 Construction and land development 95 218 313 233 26,355 26,588 Residential 1-4 family 103 2,136 2,239 4,627 248,290 252,917 Multifamily - 274 274 731 13,404 14,135 Farmland 297 196 493 4,461 20,451 24,912 Total real estate loans 620 4,260 4,880 13,418 408,591 422,009 Commercial 17 196 213 66 28,193 28,259 Agriculture 1 26 27 20 3,642 3,662 Consumer installment loans - 113 113 9 21,830 21,839 All other loans - 5 5 - 721 721 Unallocated - 730 730 - - - Total $ 638 $ 5,330 $ 5,968 $ 13,513 $ 462,977 $ 476,490 The following table details activity in the allowance for loan losses by portfolio segment for the period ended December 31, 2016. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. As of December 31, 2016 (Dollars are in thousands) Beginning Balance Charge Offs Recoveries Provisions Ending Balance Real estate secured: Commercial $ 2,384 $ (557 ) $ 220 $ (422 ) $ 1,625 Construction and land development 332 (5 ) 26 (7 ) 346 Residential 1-4 family 2,437 (720 ) 87 572 2,376 Multifamily 232 (18 ) — 27 241 Farmland 675 (2 ) 103 (348 ) 428 Total real estate loans 6,060 (1,302 ) 436 (178 ) 5,016 Commercial 266 (65 ) 62 (100 ) 163 Agriculture 124 — 7 (100 ) 31 Consumer installment loans 128 (83 ) 24 54 123 All other loans 1 — — (1 ) — Unallocated 914 — — (175 ) 739 Total $ 7,493 $ (1,450 ) $ 529 $ (500 ) $ 6,072 Allowance for Loan Losses Recorded Investment in Loans As of December 31, 2016 (Dollars are in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Real estate secured: Commercial $ 65 $ 1,560 $ 1,625 $ 4,827 $ 98,504 $ 103,331 Construction and land development 106 240 346 245 25,510 25,755 Residential 1-4 family 56 2,320 2,376 4,416 245,284 249,700 Multifamily - 241 241 301 12,281 12,582 Farmland 299 129 428 4,486 20,462 24,948 Total real estate loans 526 4,490 5,016 14,275 402,041 416,316 Commercial 18 145 163 67 26,888 26,955 Agriculture 5 26 31 24 3,140 3,164 Consumer installment loans 3 120 123 35 22,153 22,188 All other loans - - - - 6 6 Unallocated - 739 739 - - - Total $ 552 $ 5,520 6,072 $ 14,401 $ 454,228 $ 468,629 In determining the amount of our allowance, we rely on an analysis of our loan portfolio, our experience and our evaluation of general economic conditions, as well as the requirements of the written agreement and other regulatory input. If our assumptions prove to be incorrect, our current allowance may not be sufficient to cover future loan losses and we may experience significant increases to our provision.

8. TROUBLED DEBT RESTRUCTURINGS

8. TROUBLED DEBT RESTRUCTURINGS	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
8. TROUBLED DEBT RESTRUCTURINGS	NOTE 8 TROUBLED DEBT RESTRUCTURINGS: At March 31, 2017 there were $9.3 million in loans that are classified as troubled debt restructurings compared to $9.6 million at December 31, 2016. The following table presents information related to loans modified as troubled debt restructurings during the three months ended March 31, 2017 and 2016. For the three months ended March 31, 2017 For the three months ended March 31, 2016 Troubled Debt Restructurings (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment Real estate secured: Commercial - $ - $ - 1 $ 341 $ 339 Construction and land Development - - - - - - Residential 1-4 family - - - - - - Multifamily - - - - - - Farmland - - - - - - Total real estate loans - - - 1 341 339 Commercial - - - - - - Agriculture - - - - - - Consumer installment loans - - - - - - All other loans - - - - - - Total - $ - $ - 1 $ 341 $ 339 During the three months ended March 31, 2017, the Company modified no loans for which the modification was considered to be a troubled debt restructuring. During the three months ended March 31, 2016, the Company modified the terms of one loan for which the modification was considered to be a troubled debt restructuring. The interest rate and maturity date were not modified; however, the payment terms were changed. No loans modified as troubled debt restructurings defaulted during the three months ended March 31, 2017. There was one commercial real estate loan with a recorded investment of $310 thousand that had been modified as a troubled debt restructuring that defaulted during the three months ended March 31, 2016, which was within twelve months of the loan’s modification date. Generally, a troubled debt restructuring is considered to be in default once it becomes 90 days or more past due following a modification. In determination of the allowance for loan losses, management considers troubled debt restructurings and subsequent defaults in these restructurings in its estimate. The Company evaluates all troubled debt restructurings for possible further impairment. As a result, the allowance may be increased, adjustments may be made in the allocation of the allowance, or charge-offs may be taken to further writedown the carrying value of the loan.

9. OTHER REAL ESTATE OWNED

9. OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
9. OTHER REAL ESTATE OWNED	NOTE 9 OTHER REAL ESTATE OWNED: The following table summarizes the activity in other real estate owned for the three months ended March 31, 2017 and the year ended December 31, 2016: (Dollars are in thousands) March 31, 2017 December 31, 2016 Balance, beginning of period $ 10,655 $ 12,398 Additions 1,624 4,577 Purchases of/improvements to other real estate owned — 48 Transfers of other real estate owned to premises and equipment — (125 ) Proceeds from sales (1,966 ) (5,050 ) Adjustment of carrying value (176 ) (1,414 ) Gain from sales 24 221 Balance, end of period $ 10,161 $ 10,655

10. FAIR VALUES

10. FAIR VALUES	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
10. FAIR VALUES	NOTE 10 FAIR VALUES: The financial reporting standard, “Fair Value Measurements and Disclosures” provides a framework for measuring fair value under generally accepted accounting principles and requires disclosures about the fair value of assets and liabilities recognized in the balance sheet in periods subsequent to initial recognition, whether the measurements are made on a recurring basis (for example, available-for-sale investment securities) or on a nonrecurring basis (for example, impaired loans and other real estate acquired through foreclosure). Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair Value Measurements and Disclosures also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an exchange market, as well as U. S. Treasury, other U. S. Government and agency mortgage-backed debt securities that are highly liquid and are actively traded in over-the-counter markets. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes certain derivative contracts and impaired loans. Level 3: Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. For example, this category generally includes certain private equity investments, retained residual interests in securitizations, residential mortgage servicing rights, and highly structured or long-term derivative contracts. Investment Securities Available-for-Sale – Loans - Foreclosed Assets – Assets and liabilities measured at fair value are as follows as of March 31, 2017 (for purpose of this table the impaired loans are shown net of the related allowance): (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available-for-sale investments U.S. Government Agencies $ — $ 24,470 $ — Taxable municipals — 2,287 — Corporate bonds — 3,789 — Mortgage backed securities — 41,464 — (On a non-recurring basis) Other real estate owned — — 10,161 Impaired loans: Real estate secured: Commercial — — 3,241 Construction and land development — — 138 Residential 1-4 family — — 4,524 Multifamily — — 731 Farmland — — 4,164 Commercial — — 49 Agriculture — — 19 Consumer installment loans — — 9 All other loans — — — Total $ — $ 72,010 $ 23,036 Assets and liabilities measured at fair value are as follows as of December 31, 2016 (for purpose of this table the impaired loans are shown net of the related allowance): (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available-for-sale investments U.S. Government Agencies $ — $ 24,632 $ — Taxable municipals — 2,292 — Corporate bonds — 3,749 — Mortgage backed securities — 39,338 — (On a non-recurring basis) Other real estate owned — — 10,655 Impaired loans: Real estate secured: Commercial — — 4,762 Construction and land development — — 139 Residential 1-4 family — — 4,360 Multifamily — — 301 Farmland — — 4,187 Commercial — — 49 Agriculture — — 19 Consumer installment loans — — 32 All other loans — — — Total $ — $ 70,011 $ 24,504 For Level 3 assets measured at fair value on a recurring or non-recurring basis as of March 31, 2017, the significant unobservable inputs used in the fair value measurements were as follows: (Dollars in thousands) Fair Value at March 31, 2017 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 12,875 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 18% Other Real Estate Owned $ 10,161 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 18% Fair Value of Financial Instruments Fair value information about financial instruments, whether or not recognized in the balance sheet, for which it is practical to estimate the value is based upon the characteristics of the instruments and relevant market information. Financial instruments include cash, evidence of ownership in an entity, or contracts that convey or impose on an entity that contractual right or obligation to either receive or deliver cash for another financial instrument. The following summary presents the methodologies and assumptions used to estimate the fair value of the Company’s financial instruments presented below. The information used to determine fair value is highly subjective and judgmental in nature and, therefore, the results may not be precise. Subjective factors include, among other things, estimates of cash flows, risk characteristics, credit quality, and interest rates, all of which are subject to change. Since the fair value is estimated as of the balance sheet date, the amounts that will actually be realized or paid upon settlement or maturity on these various instruments could be significantly different. The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2017 and December 31, 2016. This table excludes financial instruments for which the carrying amount approximates fair value. The carrying value of cash and due from banks, federal funds sold, interest-bearing deposits, deposits with no stated maturities, trust preferred securities and accrued interest approximates fair value. The remaining financial instruments were valued based on the present value of estimated future cash flows, discounted at various rates in effect for similar instruments as of March 31, 2017 and December 31, 2016. Fair Value Measurements (Dollars are in thousands) Carrying Amount Fair Value Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) March 31, 2017 Financial Instruments – Assets Net Loans $ 470,522 $ 475,354 $ — $ 462,479 $ 12,875 Financial Instruments – Liabilities Time Deposits 248,384 247,909 — 247,909 — FHLB Advances 8,458 8,697 — 8,697 — December 31, 2016 Financial Instruments – Assets Net Loans $ 462,557 $ 467,707 $ — $ 453,858 $ 13,849 Financial Instruments – Liabilities Time Deposits 247,819 247,258 — 247,258 — FHLB Advances 13,758 13,993 — 13,993 —

11. SUBSEQUENT EVENTS

11. SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
11. SUBSEQUENT EVENTS	NOTE 11 SUBSEQUENT EVENTS: On April 13, 2017 the Bank, the wholly-owned subsidiary of the Company, in anticipation of executing a sale-leaseback transaction, entered into a Real Estate Purchase Agreement with NPB Good Steward Properties, LLC (“Good Steward”) pursuant to which the Bank will sell four (4) of its properties, one each located in Abingdon, Bristol, Gate City and Castlewood, Virginia to Good Steward for a total purchase price of $6,169,259. Contemporaneously with the closing of the sale of the properties by the Bank, the Bank will enter into leases with Good Steward for the properties (the “Leases”) which will allow the Bank to continue to service customers from those locations. The sale of the properties is conditioned, among other things, on the negotiation of the Leases for the properties and Good Steward obtaining financing, which the Bank may provide. If the conditions are satisfied the parties expect to close the sale of the properties on or before June 30, 2017. The Bank and its parent, New Peoples Bankshares, Inc. and affiliates have no relationship with Good Steward other than those contemplated by these transactions.

12. RECENT ACCOUNTING DEVELOPME

12. RECENT ACCOUNTING DEVELOPMENTS	3 Months Ended
	Mar. 31, 2017
Accounting Changes and Error Corrections [Abstract]
12. RECENT ACCOUNTING DEVELOPMENTS	NOTE 12 RECENT ACCOUNTING DEVELOPMENTS: The following is a summary of recent authoritative announcements: In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company for reporting periods beginning after December 15, 2017. The Company will apply the guidance using a modified retrospective approach. The Company does not expect these amendments to have a material effect on its financial statements. In August 2015, the FASB deferred the effective date of ASU 2014-09, Revenue from Contracts with Customers. As a result of the deferral the guidance in ASU 2014-09 will be effective for the Company for reporting periods beginning after December 15, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In January 2016, the FASB amended the Financial Instruments topic of the Accounting Standards Codification (“ASC”), to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company will apply the guidance by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values will be applied prospectively to equity investments that exist as of the date of adoption of the amendments. The Company does not expect these amendments to have a material effect on its financial statements. In February 2016, the FASB amended the Leases topic of the ASC to revise certain aspects of recognition, measurement, presentation, and disclosure of leasing transactions. The amendments will be effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company plans to early adopt ASU No. 2016-02 Leases (Topic 842). In March 2016, the FASB amended the Revenue from Contracts with Customers topic of the ASC to clarify the implementation guidance on principal versus agent considerations and address how an entity should assess whether it is the principal or the agent in contracts that include three or more parties. The amendments will be effective for the Company for reporting periods beginning after December 15, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In June 2016, the FASB issued guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. The amendments will be effective for the Company for reporting periods beginning after December 15, 2019. Early adoption is permitted for all organizations for periods beginning after December 15, 2018. The Company is currently evaluating the effect that implementation of the new standard will have on its financial position, results of operations, and cash flows. In December 2016, the FASB issued technical corrections and improvements to the Revenue from Contracts with Customers Topic. These corrections make a limited number of revisions to several pieces of the revenue recognition standard issued in 2014. The effective date and transition requirements for the technical corrections will be effective for the Company for reporting periods beginning after December 15, 2017. The Company will apply the guidance using a modified retrospective approach. The Company does not expect these amendments to have a material effect on its financial statements. In January 2017, the FASB updated the Accounting Changes and Error Corrections and the Investments—Equity Method and Joint Ventures Topics of the Accounting Standards Codification. The ASU incorporates into the Accounting Standards Codification recent SEC guidance about disclosing, under SEC SAB Topic 11.M, the effect on financial statements of adopting the revenue, leases, and credit losses standards. The ASU was effective upon issuance. The Company is currently evaluating the impact on additional disclosure requirements as each of the standards is adopted, however it does not expect these amendments to have a material effect on its financial position, results of operations or cash flows. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

2. ACCOUNTING POLICIES (Policie

2. ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	NOTE 2 ACCOUNTING PRINCIPLES: These consolidated financial statements conform to U. S. generally accepted accounting principles and to general industry practices. In the opinion of management, the accompanying consolidated financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the Company’s financial position at March 31, 2017 and December 31, 2016, and the results of operations for the three-month periods ended March 31, 2017 and 2016. The notes included herein should be read in conjunction with the notes to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The results of operations for the three month periods ended March 31, 2017 and 2016 are not necessarily indicative of the results to be expected for the full year. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The determination of the adequacy of the allowance for loan losses and the determination of the deferred tax asset and related valuation allowance are based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions.

3. EARNINGS PER SHARE (Tables)

3. EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2017
Income Per Share
Schedule Of Anti-Dilutive Income Per Common Share	(Amounts in Thousands, Except Share and Per Share Data) For the three months ended March 31, 2017 2016 Net income $ 115 $ 698 Weighted average shares outstanding 23,354,890 23,354,082 Dilutive shares for stock warrants — — Weighted average dilutive shares outstanding 23,354,890 23,354,082 Basic income per share $ 0.00 $ 0.03 Diluted income per share $ 0.00 $ 0.03

4. CAPITAL (Tables)

4. CAPITAL (Tables)	3 Months Ended
	Mar. 31, 2017
Regulatory Capital Requirements [Abstract]
Schedule Of Capital Requirements	Actual Minimum Capital Requirement Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars are in thousands) Amount Ratio Amount Ratio Amount Ratio March 31, 2017: Total Capital to Risk Weighted Assets: New Peoples Bank, Inc. 67,196 16.19 % $ 33,197 8.0 % $ 41,496 10.0 % Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 61,999 14.94 % 24,898 6.0 % 33,197 8.0 % Tier 1 Capital to Average Assets: New Peoples Bank, Inc. 61,999 9.73 % 25,498 4.0 % 31,873 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 61,999 14.94 % 18,673 4.5 % 26,973 6.5 % December 31, 2016: Total Capital to Risk Weighted Assets: New Peoples Bank, Inc. 67,549 16.64 % $ 32,476 8.0 % $ 40,595 10.0 % Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 62,462 15.39 % 24,357 6.0 % 32,476 8.0 % Tier 1 Capital to Average Assets: New Peoples Bank, Inc. 62,462 9.93 % 25,149 4.0 % 31,436 5.0 % Common Equity Tier 1 Capital to Risk Weighted Assets: New Peoples Bank, Inc. 62,462 15.39 % 18,268 4.5 % 26,386 6.5 %

5. INVESTMENT SECURITIES (Table

5. INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2017
Investment securities activity
Schedule Of Securities' Amortized Cost And Estimated Fair Value	Gross Gross Approximate Amortized Unrealized Unrealized Fair (Dollars are in thousands) Cost Gains Losses Value March 31, 2017 U.S. Government Agencies $ 24,611 $ 77 $ 218 $ 24,470 Taxable municipals 2,332 3 48 2,287 Corporate bonds 3,600 189 - 3,789 Mortgage backed securities 42,069 26 631 41,464 Total Securities AFS $ 72,612 $ 295 $ 897 $ 72,010 December 31, 2016 U.S. Government Agencies $ 24,821 $ 80 $ 269 $ 24,632 Taxable municipals 2,340 2 50 2,292 Corporate bonds 3,600 149 - 3,749 Mortgage backed securities 39,941 25 628 39,338 Total Securities AFS $ 70,702 $ 256 $ 947 $ 70,011
Schedule Of Fair Value And Gross Unrealized Losses On Investment Securities In A Continuous Unrealized Loss Position	Less than 12 Months 12 Months or More Total (Dollars are in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2017 U.S. Government Agencies $ 12,661 $ 204 $ 2,461 $ 14 $ 15,122 $ 218 Taxable municipals 1,559 48 — — 1,559 48 Corporate bonds — — — — — — Mtg. backed securities 29,695 541 5,195 90 34,890 631 Total Securities AFS $ 43,915 $ 793 $ 7,656 $ 104 $ 51,571 $ 897 December 31, 2016 U.S. Government Agencies $ 12,081 $ 250 $ 2,449 $ 19 $ 14,530 $ 269 Taxable municipals 1,561 50 — — 1,561 50 Corporate bonds 500 — — — 500 — Mtg. backed securities 28,680 543 4,655 85 33,335 628 Total Securities AFS $ 42,822 $ 843 $ 7,104 $ 104 $ 49,926 $ 947
The Amortized Cost And Fair Value Of Investment Securities' Contractual Maturity	(Dollars are in thousands) Amortized Fair Average Securities Available-for-Sale Cost Value Yield Due in one year or less $ - $ - -% Due after one year through five years 2,184 2,177 2.04% Due after five years through ten years 14,026 14,149 2.64% Due after ten years 56,402 55,684 2.04% Total $ 72,612 $ 72,010 2.16%

6. LOANS (Tables)

6. LOANS (Tables)	3 Months Ended
	Mar. 31, 2017
Loans and Leases Receivable Disclosure [Abstract]
Summary Of Loans Receivable Outstanding	(Dollars are in thousands) March 31, 2017 December 31, 2016 Real estate secured: Commercial $ 103,457 $ 103,331 Construction and land development 26,588 25,755 Residential 1-4 family 252,917 249,700 Multifamily 14,135 12,582 Farmland 24,912 24,948 Total real estate loans 422,009 416,316 Commercial 28,259 26,955 Agriculture 3,662 3,164 Consumer installment loans 21,839 22,188 All other loans 721 6 Total loans $ 476,490 $ 468,629
Summary Of Loans Receivable On Nonaccrual Status	(Dollars are in thousands) March 31, 2017 December 31, 2016 Real estate secured: Commercial $ 2,102 $ 3,403 Construction and land development 328 319 Residential 1-4 family 7,706 8,355 Multifamily 162 166 Farmland 3,541 1,003 Total real estate loans 13,839 13,246 Commercial 11 — Agriculture 83 83 Consumer installment loans 49 76 All other loans — — Total loans receivable on nonaccrual status $ 13,982 $ 13,405
Summary Of Impaired Loans	As of March 31, 2017 (Dollars are in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 2,755 $ 3,128 $ — Construction and land development 4 4 — Residential 1-4 family 3,781 4,084 — Multifamily 731 772 — Farmland 3,872 4,592 — Commercial — — — Agriculture 19 19 — Consumer installment loans 9 9 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 611 697 125 Construction and land development 229 463 95 Residential 1-4 family 846 872 103 Multifamily — — — Farmland 589 602 297 Commercial 66 66 17 Agriculture 1 1 1 Consumer installment loans — — — All other loans — — — Total $ 13,513 $ 15,309 $ 638 As of December 31, 2016 (Dollars are in thousands) Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Real estate secured: Commercial $ 3,636 $ 4,055 $ — Construction and land development 5 5 — Residential 1-4 family 3,861 4,182 — Multifamily 301 342 — Farmland 3,895 4,601 — Commercial — — — Agriculture 19 19 — Consumer installment loans 26 43 — All other loans — — — With an allowance recorded: Real estate secured: Commercial 1,191 1,270 65 Construction and land development 240 469 106 Residential 1-4 family 555 565 56 Multifamily — — — Farmland 591 602 299 Commercial 67 67 18 Agriculture 5 5 5 Consumer installment loans 9 9 3 All other loans — — — Total $ 14,401 $ 16,234 $ 552
Summary of average impaired loans	Three Months Ended March 31, 2017 March 31, 2016 (Dollars are in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Real estate secured: Commercial $ 3,196 $ 25 $ 4,479 $ 35 Construction and land development 5 — 171 (1 ) Residential 1-4 family 3,821 49 3,599 51 Multifamily 516 12 269 2 Farmland 3,884 (115 ) 4,149 51 Commercial — — — — Agriculture 19 — 36 1 Consumer installment loans 18 — 27 1 All other loans — — — — With an allowance recorded: Real estate secured: Commercial 901 2 1,768 — Construction and land development 235 — 283 — Residential 1-4 family 701 9 1,271 5 Multifamily — — 117 2 Farmland 590 5 640 6 Commercial 67 — 74 1 Agriculture 3 — 117 (2 ) Consumer installment loans 5 — 28 — All other loans — — — — Total $ 13,961 $ (13 ) $ 17,028 $ 152
Summary Of Age Analysis Of Past Due Loans Receivable	As of March 31, 2017 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ 1,239 $ 200 $ 18 $ 1,457 $ 102,000 $ 103,457 Construction and land development — 16 66 82 26,506 26,588 Residential 1-4 family 3,509 1,319 1,372 6,200 246,717 252,917 Multifamily — 436 — 436 13,699 14,135 Farmland 245 475 2,562 3,282 21,630 24,912 Total real estate loans 4,993 2,446 4,018 11,457 410,552 422,009 Commercial 76 — 11 87 28,172 28,259 Agriculture 27 — 79 106 3,556 3,662 Consumer installment Loans 42 3 24 69 21,770 21,839 All other loans — — — — 721 721 Total loans $ 5,138 $ 2,449 $ 4,132 $ 11,719 $ 464,771 $ 476,490 As of December 31, 2016 (Dollars are in thousands) Loans 30-59 Days Past Due Loans 60-89 Days Past Due Loans 90 or More Days Past Due Total Past Due Loans Current Loans Total Loans Real estate secured: Commercial $ 1,676 $ 307 $ 1,083 $ 3,066 $ 100,265 $ 103,331 Construction and land development 103 17 44 164 25,591 25,755 Residential 1-4 family 4,237 1,547 2,233 8,017 241,683 249,700 Multifamily 1,367 — — 1,367 11,215 12,582 Farmland 2,987 — — 2,987 21,961 24,948 Total real estate loans 10,370 1,871 3,360 15,601 400,715 416,316 Commercial 20 — — 20 26,935 26,955 Agriculture 19 — 78 97 3,067 3,164 Consumer installment Loans 110 15 36 161 22,027 22,188 All other loans — — — — 6 6 Total loans $ 10,519 $ 1,886 $ 3,474 $ 15,879 $ 452,750 $ 468,629
Summary Of Risk Category Of Loans Receivable	As of March 31, 2017 (Dollars are in thousands) Pass Special Mention Substandard Total Real estate secured: Commercial $ 92,675 $ 8,465 $ 2,317 $ 103,457 Construction and land development 24,826 1,434 328 26,588 Residential 1-4 family 242,254 2,083 8,580 252,917 Multifamily 11,989 1,350 796 14,135 Farmland 18,993 1,613 4,306 24,912 Total real estate loans 390,737 14,945 16,327 422,009 Commercial 27,485 708 66 28,259 Agriculture 3,564 14 84 3,662 Consumer installment loans 21,762 — 77 21,839 All other loans 721 — — 721 Total $ 444,269 $ 15,667 $ 16,554 $ 476,490 As of December 31, 2016 (Dollars are in thousands) Pass Special Mention Substandard Total Real estate secured: Commercial $ 92,562 $ 6,922 $ 3,847 $ 103,331 Construction and land development 23,905 1,531 319 25,755 Residential 1-4 family 238,400 2,117 9,183 249,700 Multifamily 10,848 1,367 367 12,582 Farmland 19,070 1,545 4,333 24,948 Total real estate loans 384,785 13,482 18,049 416,316 Commercial 26,197 691 67 26,955 Agriculture 3,076 — 88 3,164 Consumer installment loans 22,086 — 102 22,188 All other loans 6 — — 6 Total $ 436,150 $ 14,173 18,306 $ 468,629

7. ALLOWANCE FOR LOAN LOSSES (T

7. ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2017
Allowance For Loan Losses Tables
Summary Of Activity In The Allowance For Loan Losses By Portfolio Segment	As of March 31, 2017 (Dollars are in thousands) Beginning Balance Charge Offs Recoveries Provisions Ending Balance Real estate secured: Commercial $ 1,625 $ (73 ) $ — $ 9 $ 1,561 Construction and land development 346 — — (33 ) 313 Residential 1-4 family 2,376 (162 ) 23 2 2,239 Multifamily 241 — — 33 274 Farmland 428 — 5 60 493 Total real estate loans 5,016 (235 ) 28 71 4,880 Commercial 163 — 119 (69 ) 213 Agriculture 31 — 1 (5 ) 27 Consumer installment loans 123 (30 ) 13 7 113 All other loans — — — 5 5 Unallocated 739 — — (9 ) 730 Total $ 6,072 $ (265 ) $ 161 $ — $ 5,968 As of December 31, 2016 (Dollars are in thousands) Beginning Balance Charge Offs Recoveries Provisions Ending Balance Real estate secured: Commercial $ 2,384 $ (557 ) $ 220 $ (422 ) $ 1,625 Construction and land development 332 (5 ) 26 (7 ) 346 Residential 1-4 family 2,437 (720 ) 87 572 2,376 Multifamily 232 (18 ) — 27 241 Farmland 675 (2 ) 103 (348 ) 428 Total real estate loans 6,060 (1,302 ) 436 (178 ) 5,016 Commercial 266 (65 ) 62 (100 ) 163 Agriculture 124 — 7 (100 ) 31 Consumer installment loans 128 (83 ) 24 54 123 All other loans 1 — — (1 ) — Unallocated 914 — — (175 ) 739 Total $ 7,493 $ (1,450 ) $ 529 $ (500 ) $ 6,072
Schedule Of Allocation Of Portion Of Allowance	Allowance for Loan Losses Recorded Investment in Loans As of March 31, 2017 (Dollars are in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Real estate secured: Commercial $ 125 $ 1,436 $ 1,561 $ 3,366 $ 100,091 $ 103,457 Construction and land development 95 218 313 233 26,355 26,588 Residential 1-4 family 103 2,136 2,239 4,627 248,290 252,917 Multifamily - 274 274 731 13,404 14,135 Farmland 297 196 493 4,461 20,451 24,912 Total real estate loans 620 4,260 4,880 13,418 408,591 422,009 Commercial 17 196 213 66 28,193 28,259 Agriculture 1 26 27 20 3,642 3,662 Consumer installment loans - 113 113 9 21,830 21,839 All other loans - 5 5 - 721 721 Unallocated - 730 730 - - - Total $ 638 $ 5,330 $ 5,968 $ 13,513 $ 462,977 $ 476,490 Allowance for Loan Losses Recorded Investment in Loans As of December 31, 2016 (Dollars are in thousands) Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Total Real estate secured: Commercial $ 65 $ 1,560 $ 1,625 $ 4,827 $ 98,504 $ 103,331 Construction and land development 106 240 346 245 25,510 25,755 Residential 1-4 family 56 2,320 2,376 4,416 245,284 249,700 Multifamily - 241 241 301 12,281 12,582 Farmland 299 129 428 4,486 20,462 24,948 Total real estate loans 526 4,490 5,016 14,275 402,041 416,316 Commercial 18 145 163 67 26,888 26,955 Agriculture 5 26 31 24 3,140 3,164 Consumer installment loans 3 120 123 35 22,153 22,188 All other loans - - - - 6 6 Unallocated - 739 739 - - - Total $ 552 $ 5,520 6,072 $ 14,401 $ 454,228 $ 468,629

8. TROUBLED DEBT RESTRUCTURING

8. TROUBLED DEBT RESTRUCTURING (Tables)	3 Months Ended
	Mar. 31, 2017
Troubled Debt Restructuring, Debtor, Current Period [Abstract]
Schedule Of Loans Modified As Troubled Debt Restructurings	For the three months ended March 31, 2017 For the three months ended March 31, 2016 Troubled Debt Restructurings (Dollars are in thousands) # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment # of Loans Pre-Mod. Recorded Investment Post-Mod. Recorded Investment Real estate secured: Commercial - $ - $ - 1 $ 341 $ 339 Construction and land Development - - - - - - Residential 1-4 family - - - - - - Multifamily - - - - - - Farmland - - - - - - Total real estate loans - - - 1 341 339 Commercial - - - - - - Agriculture - - - - - - Consumer installment loans - - - - - - All other loans - - - - - - Total - $ - $ - 1 $ 341 $ 339

9. OTHER REAL ESTATE OWNED (Tab

9. OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2017
Other Real Estate Owned Tables
Other Real Estate	(Dollars are in thousands) March 31, 2017 December 31, 2016 Balance, beginning of period $ 10,655 $ 12,398 Additions 1,624 4,577 Purchases of/improvements to other real estate owned — 48 Transfers of other real estate owned to premises and equipment — (125 ) Proceeds from sales (1,966 ) (5,050 ) Adjustment of carrying value (176 ) (1,414 ) Gain from sales 24 221 Balance, end of period $ 10,161 $ 10,655

10. FAIR VALUES (Tables)

10. FAIR VALUES (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Summary Of Assets And Liabilities Measured At Fair Value	(Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available-for-sale investments U.S. Government Agencies $ — $ 24,470 $ — Taxable municipals — 2,287 — Corporate bonds — 3,789 — Mortgage backed securities — 41,464 — (On a non-recurring basis) Other real estate owned — — 10,161 Impaired loans: Real estate secured: Commercial — — 3,241 Construction and land development — — 138 Residential 1-4 family — — 4,524 Multifamily — — 731 Farmland — — 4,164 Commercial — — 49 Agriculture — — 19 Consumer installment loans — — 9 All other loans — — — Total $ — $ 72,010 $ 23,036 (Dollars are in thousands) Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (On a recurring basis) Available-for-sale investments U.S. Government Agencies $ — $ 24,632 $ — Taxable municipals — 2,292 — Corporate bonds — 3,749 — Mortgage backed securities — 39,338 — (On a non-recurring basis) Other real estate owned — — 10,655 Impaired loans: Real estate secured: Commercial — — 4,762 Construction and land development — — 139 Residential 1-4 family — — 4,360 Multifamily — — 301 Farmland — — 4,187 Commercial — — 49 Agriculture — — 19 Consumer installment loans — — 32 All other loans — — — Total $ — $ 70,011 $ 24,504
Schedule Of Significant Unobservable Inputs In Level 3 Assets	(Dollars in thousands) Fair Value at March 31, 2017 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 12,875 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 18% Other Real Estate Owned $ 10,161 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 18%
Estimated Fair Value Of Financial Instruments	Fair Value Measurements (Dollars are in thousands) Carrying Amount Fair Value Quoted market price in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) March 31, 2017 Financial Instruments – Assets Net Loans $ 470,522 $ 475,354 $ — $ 462,479 $ 12,875 Financial Instruments – Liabilities Time Deposits 248,384 247,909 — 247,909 — FHLB Advances 8,458 8,697 — 8,697 — December 31, 2016 Financial Instruments – Assets Net Loans $ 462,557 $ 467,707 $ — $ 453,858 $ 13,849 Financial Instruments – Liabilities Time Deposits 247,819 247,258 — 247,258 — FHLB Advances 13,758 13,993 — 13,993 —

3. EARNINGS PER SHARE (Details)

3. EARNINGS PER SHARE (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Accounting Policies [Abstract]
Net income	$ 115,000	$ 698,000
Weighted average shares outstanding	23,354,890	23,354,082
Weighted average dilutive shares outstanding	23,354,890	23,354,082
Basic income per share	$ 0	$ 0.03
Diluted income per share	$ 0	$ 0.03

4. CAPITAL - Schedule of Capita

4. CAPITAL - Schedule of Capital Requirements (Details) - Bank - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Total Capital to Risk Weighted Assets, Actual, Amount	$ 67,196	$ 67,549
Total Capital to Risk Weighted Assets, Actual, Ratio	16.19%	16.64%
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 33,197	$ 32,476
Total Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	8.00%	8.00%
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 41,496	$ 40,595
Total Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 Capital Risk Weighted Assets, Actual, Amount	$ 61,999	$ 62,462
Tier 1 Capital Risk Weighted Assets, Actual, Ratio	14.94%	15.39%
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 24,898	$ 24,357
Tier 1 Capital Risk Weighted Assets, Minimum Capital Requirement, Ratio	6.00%	6.00%
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 33,197	$ 24,357
Tier 1 Capital Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Tier 1 Capital to Average Assets, Actual, Amount	$ 61,999	$ 62,462
Tier 1 Capital to Average Assets, Actual, Ratio	9.73%	9.93%
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Amount	$ 25,498	$ 25,149
Tier 1 Capital to Average Assets, Minimum Capital Requirement, Ratio	4.00%	4.00%
Tier 1 Capital to Average Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 31,873	$ 31,436
Tier 1 Capital to Average Assets, Minimum 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	$ 61,999	$ 62,462
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual, Ratio	14.94%	15.39%
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Amount	$ 18,673	$ 18,268
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum Capital Requirement, Ratio	4.50%	4.50%
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 26,973	$ 26,386
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%

5. INVESTMENT SECURITIES - Sche

5. INVESTMENT SECURITIES - Schedule of Securities Amortized Cost and Estimated Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Amortized Cost	$ 72,612	$ 70,702
Gross Unrealized Gains	295	256
Gross Unrealized Losses	897	947
Approximate Fair Value	$ 72,010	70,011
US Government Agencies
Amortized Cost		24,821	$ 24,611
Gross Unrealized Gains		80	77
Gross Unrealized Losses		269	218
Approximate Fair Value		24,632	24,470
Taxable Municipals
Amortized Cost		2,340	2,332
Gross Unrealized Gains		2	3
Gross Unrealized Losses		50	48
Approximate Fair Value		2,292	2,287
Corporate Bonds
Amortized Cost		3,600	3,600
Gross Unrealized Gains		149	189
Gross Unrealized Losses
Approximate Fair Value		3,749	3,789
Mortgage Backed Securities
Amortized Cost		39,941	42,069
Gross Unrealized Gains		25	26
Gross Unrealized Losses		628	631
Approximate Fair Value		$ 39,338	$ 41,464

5. INVESTMENT SECURITIES - Sc32

5. INVESTMENT SECURITIES - Schedule of Fair Value and Gross Unrealized Losses on Investment Securities In A Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Less than 12 Months	$ 43,915	$ 42,822
Unrealized Losses, Less than 12 Months	793	843
Fair Value, 12 Months or More	7,656	7,104
Unrealized Losses, 12 Months or More	104	104
Fair Value, Total	51,571	49,926
Unrealized Losses, Total	897	947
US Government Agencies
Fair Value, Less than 12 Months	12,661	12,081
Unrealized Losses, Less than 12 Months	204	250
Fair Value, 12 Months or More	2,461	2,449
Unrealized Losses, 12 Months or More	14	19
Fair Value, Total	15,122	14,530
Unrealized Losses, Total	218	269
Taxable Municipals
Fair Value, Less than 12 Months	1,559	1,561
Unrealized Losses, Less than 12 Months	48	50
Fair Value, Total	1,559	1,561
Unrealized Losses, Total	48	50
Corporate Bonds
Fair Value, Less than 12 Months		500
Fair Value, Total		500
Mortgage Backed Securities
Fair Value, Less than 12 Months	29,695	28,680
Unrealized Losses, Less than 12 Months	541	543
Fair Value, 12 Months or More	5,195	4,655
Unrealized Losses, 12 Months or More	90	85
Fair Value, Total	34,890	33,335
Unrealized Losses, Total	$ 631	$ 628

5. INVESTMENT SECURITIES - Amor

5. INVESTMENT SECURITIES - Amortized Cost and Fair Value Of Investment Securities Contractual Maturity (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Investment securities activity
Due in one year or less, Amortized Cost
Due after five years through ten years, Amortized Cost	14,026
Due after ten years, Amortized Cost	56,402
Amortized Cost, Total	72,612	$ 70,702
Due in one year or less, Fair Value
Due after five years through ten years, Fair Value	14,149
Due after ten years, Fair Value	55,684
Approximate Fair Value	$ 72,010	$ 70,011
Due after one year through five years, Weighted Average Yield		1.85%
Due after five years through ten years, Weighted Average Yield	2.64%
Due after ten years, Weighted Average Yield	2.04%
Weighted Average Yield, Total	2.16%

6. LOANS - Summary of Loans Rec

6. LOANS - Summary of Loans Receivable Outstanding (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Total loans and leases	$ 476,490	$ 468,629
Real Estate [Member]
Total loans and leases	422,009	416,316
Commercial
Total loans and leases		26,955
Commercial | Real Estate [Member]
Total loans and leases	103,457	103,331
Construction and Land Development | Real Estate [Member]
Total loans and leases	26,588	25,755
Residential 1-4 Family | Real Estate [Member]
Total loans and leases	252,917	249,700
Multifamily | Real Estate [Member]
Total loans and leases	14,135	12,582
Farmland | Real Estate [Member]
Total loans and leases	24,912	24,948
Agriculture
Total loans and leases	3,662	3,164
Consumer Installment Loans
Total loans and leases	21,839	22,188
Other Loans
Total loans and leases	721	6
Commercial Real Estate [Member]
Total loans and leases	$ 28,259	$ 26,955

6. LOANS - Summary of Loans R35

6. LOANS - Summary of Loans Receivable on Nonaccrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Total loans receivable on nonaccrual status	$ 13,982	$ 13,405
Real Estate [Member]
Total loans receivable on nonaccrual status	13,839	13,246
Commercial
Total loans receivable on nonaccrual status			$ 11
Commercial | Real Estate [Member]
Total loans receivable on nonaccrual status	2,102	3,403
Construction and Land Development | Real Estate [Member]
Total loans receivable on nonaccrual status	328	319
Residential 1-4 Family | Real Estate [Member]
Total loans receivable on nonaccrual status	7,706	8,355
Multifamily | Real Estate [Member]
Total loans receivable on nonaccrual status	162	166
Farmland | Real Estate [Member]
Total loans receivable on nonaccrual status	3,541	1,003
Agriculture
Total loans receivable on nonaccrual status	83	83
Consumer Installment Loans
Total loans receivable on nonaccrual status	$ 49	$ 76

6. LOANS - Summary of Impaired

6. LOANS - Summary of Impaired Loans (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Recorded Investment	$ 13,513,000	$ 14,401,000
Unpaid Principal Balance	15,309,000	16,234,000
Related Allowance	638,000	552,000
Agriculture | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	9,000	19,000
Unpaid Principal Balance	9,000	19,000
Agriculture | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	1,000	5,000
Unpaid Principal Balance	1,000	5,000
Related Allowance	1,000	5,000
Consumer Installment Loans | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment		26,000
Unpaid Principal Balance		43,000
Consumer Installment Loans | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment		9,000
Unpaid Principal Balance		9,000
Related Allowance		3,000
Commercial Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	19,000
Unpaid Principal Balance	19,000
Commercial Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	66,000	67,000
Unpaid Principal Balance	66,000	67,000
Related Allowance	17,000	18,000
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	2,755,000	3,636,000
Unpaid Principal Balance	3,128,000	4,055,000
Commercial Real Estate [Member] | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	611,000	1,191,000
Unpaid Principal Balance	697,000	1,270,000
Related Allowance	125,000	65,000
Construction and Land Development | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	4,000	5,000
Unpaid Principal Balance	4,000	5,000
Construction and Land Development | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	229,000	240,000
Unpaid Principal Balance	463,000	469,000
Related Allowance	95,000	106,000
Residential 1-4 Family | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	846,000	3,861,000
Unpaid Principal Balance	872,000	4,182,000
Related Allowance	103,000
Residential 1-4 Family | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	3,781,000	555,000
Unpaid Principal Balance	4,084,000	565,000
Related Allowance		56,000
Multifamily | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	731,000	301,000
Unpaid Principal Balance	772,000	342,000
Multifamily | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment
Unpaid Principal Balance
Related Allowance
Farmland | Real Estate [Member] | Impaired Financing Receivables With No Related Allowance [Member]
Recorded Investment	3,872,000	3,895,000
Unpaid Principal Balance	4,592,000	4,601,000
Farmland | Real Estate [Member] | Impaired Financing Receivables With Related Allowance [Member]
Recorded Investment	589,000	591,000
Unpaid Principal Balance	602,000	602,000
Related Allowance	$ 297,000	$ 299,000

6. LOANS - Summary of Age Analy

6. LOANS - Summary of Age Analysis of Past Due Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans 30-59 Days Past Due	$ 5,138	$ 10,519
Loans 60-89 Days Past Due	2,449	1,886
Loans 90 or More Days Past Due	4,132	3,474
Total Past Due Loans	11,719	452,750
Current Loans	464,771	468,629
Total loans and leases	476,490	468,629
Real Estate [Member]
Loans 30-59 Days Past Due	4,993	10,370
Loans 60-89 Days Past Due	2,446	1,871
Loans 90 or More Days Past Due	4,018	3,360
Total Past Due Loans	11,457	15,601
Current Loans	410,552	400,715
Total loans and leases	422,009	416,316
Commercial
Loans 30-59 Days Past Due		20
Total Past Due Loans		20
Current Loans		26,935
Total loans and leases		26,955
Commercial | Real Estate [Member]
Loans 30-59 Days Past Due	1,239	1,676
Loans 60-89 Days Past Due	200	307
Loans 90 or More Days Past Due	18	1,083
Total Past Due Loans	1,457	3,066
Current Loans	102,000	100,265
Total loans and leases	103,457	103,331
Construction and Land Development | Real Estate [Member]
Loans 30-59 Days Past Due		103
Loans 60-89 Days Past Due	16	17
Loans 90 or More Days Past Due	66	44
Total Past Due Loans	82	164
Current Loans	26,506	25,591
Total loans and leases	26,588	25,755
Residential 1-4 Family | Real Estate [Member]
Loans 30-59 Days Past Due	3,509	4,237
Loans 60-89 Days Past Due	1,319	1,547
Loans 90 or More Days Past Due	1,372	2,233
Total Past Due Loans	6,200	8,017
Current Loans	246,717	241,683
Total loans and leases	252,917	249,700
Multifamily | Real Estate [Member]
Loans 30-59 Days Past Due		1,367
Loans 60-89 Days Past Due	436
Loans 90 or More Days Past Due
Total Past Due Loans	436	1,367
Current Loans	13,699	11,215
Total loans and leases	14,135	12,582
Farmland | Real Estate [Member]
Loans 30-59 Days Past Due	245	2,987
Loans 60-89 Days Past Due	475
Loans 90 or More Days Past Due	2,562
Total Past Due Loans	3,282	2,987
Current Loans	21,630	21,961
Total loans and leases	24,912	24,948
Agriculture
Loans 30-59 Days Past Due	27	19
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due	79	78
Total Past Due Loans	106	97
Current Loans	3,556	3,067
Total loans and leases	3,662	3,164
Consumer Installment Loans
Loans 30-59 Days Past Due	42	110
Loans 60-89 Days Past Due	3	15
Loans 90 or More Days Past Due	24	36
Total Past Due Loans	69	161
Current Loans	21,770	22,027
Total loans and leases	21,839	22,188
Other Loans
Loans 30-59 Days Past Due
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due
Total Past Due Loans
Current Loans	721	6
Total loans and leases	721	6
Unallocated
Total loans and leases
Commercial Real Estate [Member]
Loans 30-59 Days Past Due	76
Loans 60-89 Days Past Due
Loans 90 or More Days Past Due	11
Total Past Due Loans	87
Current Loans	28,172
Total loans and leases	$ 28,259	$ 26,955

6. LOANS - Summary of Risk Cate

6. LOANS - Summary of Risk Category of Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Total	$ 476,490	$ 468,629
Real Estate [Member]
Total	422,009	416,316
Pass
Total	444,269	436,150
Substandard
Total	16,554	18,306
Special Mention
Total	15,667	14,173
Real Estate [Member] | Pass
Total	390,737	384,785
Real Estate [Member] | Substandard
Total	16,327	18,049
Real Estate [Member] | Special Mention
Total	14,945	13,482
Commercial Portfolio Segment [Member] | Pass
Total	27,485	26,197
Commercial Portfolio Segment [Member] | Substandard
Total	66	67
Commercial Portfolio Segment [Member] | Special Mention
Total	708	691
Commercial Portfolio Segment [Member] | Real Estate [Member] | Pass
Total	92,675	92,562
Commercial Portfolio Segment [Member] | Real Estate [Member] | Substandard
Total	2,317	3,847
Commercial Portfolio Segment [Member] | Real Estate [Member] | Special Mention
Total	8,465	6,922
Construction and Land Development | Real Estate [Member]
Total	26,588	25,755
Construction and Land Development | Real Estate [Member] | Pass
Total	24,826	23,905
Construction and Land Development | Real Estate [Member] | Substandard
Total	328	319
Construction and Land Development | Real Estate [Member] | Special Mention
Total	1,434	1,531
Unallocated
Total
Commercial
Total		26,955
Commercial | Real Estate [Member]
Total	103,457	103,331
Agriculture
Total	3,662	3,164
Agriculture | Pass
Total	3,564	3,076
Agriculture | Substandard
Total	84	88
Consumer Installment Loans
Total	21,839	22,188
Consumer Installment Loans | Pass
Total	21,762	22,086
Consumer Installment Loans | Substandard
Total	77	102
Other Loans
Total	721	6
Other Loans | Pass
Total	721	6
Residential 1-4 Family | Real Estate [Member]
Total	252,917	249,700
Residential 1-4 Family | Real Estate [Member] | Pass
Total	242,254	238,400
Residential 1-4 Family | Real Estate [Member] | Substandard
Total	8,580	9,183
Residential 1-4 Family | Real Estate [Member] | Special Mention
Total	2,083	2,117
Farmland | Real Estate [Member]
Total	24,912	24,948
Farmland | Real Estate [Member] | Pass
Total	18,993	19,070
Farmland | Real Estate [Member] | Substandard
Total	4,306	4,333
Farmland | Real Estate [Member] | Special Mention
Total	1,613	1,545
Multifamily | Real Estate [Member]
Total	14,135	12,582
Multifamily | Real Estate [Member] | Pass
Total	11,989	10,848
Multifamily | Real Estate [Member] | Substandard
Total	796	367
Multifamily | Real Estate [Member] | Special Mention
Total	1,350	1,367
Commercial Real Estate [Member]
Total	$ 28,259	$ 26,955

7. ALLOWANCE FOR LOAN LOSSES -

7. ALLOWANCE FOR LOAN LOSSES - Summary of Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Balance, beginning of year	$ 6,072	$ 7,493
Charge Offs	(265)	(1,450)
Recoveries	161	529
Provision for loan losses		(500)
Balance, End of period	5,968	6,072
Real Estate [Member]
Balance, beginning of year	5,016	6,060
Charge Offs	(235)	(1,302)
Recoveries	28	436
Provision for loan losses	71	(178)
Balance, End of period	4,880	5,016
Commercial Real Estate [Member]
Balance, beginning of year	163	266
Charge Offs		(65)
Recoveries	119	62
Provision for loan losses	(69)	(100)
Balance, End of period	213	163
Commercial Real Estate [Member] | Real Estate [Member]
Balance, beginning of year	1,625	2,384
Charge Offs	(73)	(557)
Recoveries		220
Provision for loan losses	9	(422)
Balance, End of period	1,561	1,625
Construction and Land Development | Real Estate [Member]
Balance, beginning of year	346	332
Charge Offs		(5)
Recoveries		26
Provision for loan losses	(33)	(7)
Balance, End of period	313	346
Residential 1-4 Family | Real Estate [Member]
Balance, beginning of year	2,376	2,437
Charge Offs	(162)	(720)
Recoveries	23	87
Provision for loan losses	2	572
Balance, End of period	2,239	2,376
Multifamily | Real Estate [Member]
Balance, beginning of year	241	232
Charge Offs		(18)
Recoveries
Provision for loan losses	33	27
Balance, End of period	274	241
Farmland | Real Estate [Member]
Balance, beginning of year	428	675
Charge Offs		(2)
Recoveries	5	103
Provision for loan losses	60	(348)
Balance, End of period	493	428
Agriculture
Balance, beginning of year	31	124
Charge Offs
Recoveries	1	7
Provision for loan losses	(5)	(100)
Balance, End of period	27	31
Consumer Installment Loans
Balance, beginning of year	123	128
Charge Offs	(30)	(83)
Recoveries	13	24
Provision for loan losses	7	54
Balance, End of period	113	123
Other Loans
Balance, beginning of year		1
Charge Offs
Recoveries
Provision for loan losses	5	(1)
Balance, End of period	5
Unallocated
Balance, beginning of year	739	914
Charge Offs
Recoveries
Provision for loan losses	(9)	(175)
Balance, End of period	$ 730	$ 739

7. ALLOWANCE FOR LOAN LOSSES 40

7. ALLOWANCE FOR LOAN LOSSES - Schedule of Allocation of Portion of Allowance (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for Loan Losses, Individually Evaluated for Impairment	$ 638	$ 552
Allowance for Loan Losses, Collectively Evaluated for Impairment	5,330	5,520
Allowance for Loan Losses, Total	5,968	6,072	$ 7,493
Recorded Investment in Loans, Individually Evaluated for Impairment	13,513	14,401
Recorded Investment in Loans, Collectively Evaluated for Impairment	462,977	454,228
Recorded Investment in Loans, Total	476,490	468,629
Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	620	526
Allowance for Loan Losses, Collectively Evaluated for Impairment	4,260	4,490
Allowance for Loan Losses, Total	4,880	5,016
Recorded Investment in Loans, Individually Evaluated for Impairment	13,418	14,275
Recorded Investment in Loans, Collectively Evaluated for Impairment	408,591	402,041
Recorded Investment in Loans, Total	422,009	416,316
Commercial
Recorded Investment in Loans, Total		26,955
Commercial | Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	125	65
Allowance for Loan Losses, Collectively Evaluated for Impairment	1,436	1,560
Allowance for Loan Losses, Total	1,561	1,625
Recorded Investment in Loans, Individually Evaluated for Impairment	3,366	4,827
Recorded Investment in Loans, Collectively Evaluated for Impairment	100,091	98,504
Recorded Investment in Loans, Total	103,457	103,331
Construction and Land Development | Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	95	106
Allowance for Loan Losses, Collectively Evaluated for Impairment	218	240
Allowance for Loan Losses, Total	313	346
Recorded Investment in Loans, Individually Evaluated for Impairment	233	245
Recorded Investment in Loans, Collectively Evaluated for Impairment	26,355	25,510
Recorded Investment in Loans, Total	26,588	25,755
Residential 1-4 Family | Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	103	56
Allowance for Loan Losses, Collectively Evaluated for Impairment	2,136	2,320
Allowance for Loan Losses, Total	2,239	2,376
Recorded Investment in Loans, Individually Evaluated for Impairment	4,627	4,416
Recorded Investment in Loans, Collectively Evaluated for Impairment	248,290	245,284
Recorded Investment in Loans, Total	252,917	249,700
Multifamily | Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment
Allowance for Loan Losses, Collectively Evaluated for Impairment	274	241
Allowance for Loan Losses, Total	274	241
Recorded Investment in Loans, Individually Evaluated for Impairment	731	301
Recorded Investment in Loans, Collectively Evaluated for Impairment	13,404	12,281
Recorded Investment in Loans, Total	14,135	12,582
Farmland | Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	297	299
Allowance for Loan Losses, Collectively Evaluated for Impairment	196	129
Allowance for Loan Losses, Total	493	428
Recorded Investment in Loans, Individually Evaluated for Impairment	4,461	4,486
Recorded Investment in Loans, Collectively Evaluated for Impairment	20,451	20,462
Recorded Investment in Loans, Total	24,912	24,948
Commercial Real Estate [Member]
Allowance for Loan Losses, Individually Evaluated for Impairment	17	18
Allowance for Loan Losses, Collectively Evaluated for Impairment	196	145
Allowance for Loan Losses, Total	213	163	266
Recorded Investment in Loans, Individually Evaluated for Impairment	66	67
Recorded Investment in Loans, Collectively Evaluated for Impairment	28,193	26,888
Recorded Investment in Loans, Total	28,259	26,955
Agriculture
Allowance for Loan Losses, Individually Evaluated for Impairment	1	5
Allowance for Loan Losses, Collectively Evaluated for Impairment	26	26
Allowance for Loan Losses, Total	27	31	124
Recorded Investment in Loans, Individually Evaluated for Impairment	20	24
Recorded Investment in Loans, Collectively Evaluated for Impairment	3,642	3,140
Recorded Investment in Loans, Total	3,662	3,164
Consumer Installment Loans
Allowance for Loan Losses, Individually Evaluated for Impairment		3
Allowance for Loan Losses, Collectively Evaluated for Impairment	113	120
Allowance for Loan Losses, Total	113	123	128
Recorded Investment in Loans, Individually Evaluated for Impairment	9	35
Recorded Investment in Loans, Collectively Evaluated for Impairment	21,830	22,153
Recorded Investment in Loans, Total	21,839	22,188
Other Loans
Allowance for Loan Losses, Individually Evaluated for Impairment
Allowance for Loan Losses, Collectively Evaluated for Impairment	5
Allowance for Loan Losses, Total	5		1
Recorded Investment in Loans, Individually Evaluated for Impairment
Recorded Investment in Loans, Collectively Evaluated for Impairment	721	6
Recorded Investment in Loans, Total	721	6
Unallocated
Allowance for Loan Losses, Individually Evaluated for Impairment
Allowance for Loan Losses, Collectively Evaluated for Impairment	730	739
Allowance for Loan Losses, Total	730	$ 739	$ 914
Recorded Investment in Loans, Individually Evaluated for Impairment
Recorded Investment in Loans, Collectively Evaluated for Impairment
Recorded Investment in Loans, Total

8. TROUBLED DEBT RESTRUCTURIN41

8. TROUBLED DEBT RESTRUCTURINGS - Schedule Of Loans Modified As Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)loans
# of Loans | loans	1
Pre-Mod. Recorded Investment	$ 341
Post-Mod. Recorded Investment	$ 339
Real Estate [Member]
# of Loans | loans	1
Pre-Mod. Recorded Investment	$ 341
Post-Mod. Recorded Investment	$ 339
Commercial Real Estate [Member] | Real Estate [Member]
# of Loans | loans	1
Pre-Mod. Recorded Investment	$ 341
Post-Mod. Recorded Investment	$ 339

8. TROUBLED DEBT RESTRUCTURIN42

8. TROUBLED DEBT RESTRUCTURINGS (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Notes to Financial Statements
Total TDRs	$ 9,300	$ 9,600
Period loan is considered to be in default, days	90 days

9. OTHER REAL ESTATE OWNED - Ot

9. OTHER REAL ESTATE OWNED - Other Real Estate (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Real Estate [Abstract]
Balance, beginning of year	$ 10,655	$ 12,398
Additions	1,624	4,577
Purchases of other real estate owned		48
Transfers of other real estate owned to premises and equipment		(125)
Proceeds from sales	(1,966)	(5,050)
Adjustment of carrying value	(176)	(1,414)
Gain from sales	24	221
Balance, end of year	$ 10,161	$ 10,655

10. FAIR VALUES - Summary of As

10. FAIR VALUES - Summary of Assets And Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Inputs, Level 2 [Member]
Impaired Loans	$ 70,011	$ 70,011
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | US Government Agencies
Available for sale investments	24,470	24,632
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | TaxableMunicipalsMember
Available for sale investments	2,287	2,292
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Corporate Bond Securities [Member]
Available for sale investments	3,789	3,749
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities
Available for sale investments	41,464	39,338
Fair Value, Inputs, Level 3 [Member]
Other real estate owned	10,161	10,655
Impaired Loans	23,036	24,504
Commercial Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis
Impaired Loans	49	49
Commercial Real Estate [Member] | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis | Real Estate [Member]
Impaired Loans	3,241	4,762
Construction and Land Development | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis | Real Estate [Member]
Impaired Loans	138	139
Residential 1-4 Family | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis | Real Estate [Member]
Impaired Loans	4,524	4,360
Multifamily | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis | Real Estate [Member]
Impaired Loans	731	301
Farmland | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis | Real Estate [Member]
Impaired Loans	4,164	4,187
Agriculture | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis
Impaired Loans	19	19
Consumer Installment Loans | Fair Value, Inputs, Level 3 [Member] | Nonrecurring Basis
Impaired Loans	$ 9	$ 32

10. FAIR VALUES - Schedule of S

10. FAIR VALUES - Schedule of Significant Unobservable Inputs In Level 3 Assets (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Other Real Estate Owned
Fair Value at March 31, 2017	$ 10,161
Valuation Technique	Appraised Value/Comparable Sales/Other Estimates from Independent Sources
Significant Unobservable Inputs	Discounts to reflect current market conditions and estimated costs to sell
Other Real Estate Owned | Minimum [Member]
Significant Unobservable Input Value	0.00%
Other Real Estate Owned | Maximum [Member]
Significant Unobservable Input Value	18.00%
Impaired Loans
Fair Value at March 31, 2017	$ 12,875
Valuation Technique	Appraised Value/Discounted Cash Flows/Market Value of Note
Significant Unobservable Inputs	Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell
Impaired Loans | Minimum [Member]
Significant Unobservable Input Value	0.00%
Impaired Loans | Maximum [Member]
Significant Unobservable Input Value	18.00%

10. FAIR VALUES - Estimated Fai

10. FAIR VALUES - Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Net Loans	$ 470,522	$ 462,557
Time deposits	248,384	247,819
Fair Value, Estimate Not Practicable, Carrying (Reported) Amount [Member]
Net Loans	470,522	462,557
Time deposits	248,384	247,819
FHLB advances	8,458	13,758
Fair Value, Measurements, Recurring [Member]
Net Loans	475,354	467,707
Time deposits	247,909	247,258
FHLB advances	8,697	13,993
Fair Value, Inputs, Level 1 [Member]
Net Loans
Time deposits
FHLB advances
Fair Value, Inputs, Level 2 [Member]
Net Loans	462,479	453,858
Time deposits	247,909	247,258
FHLB advances	8,697	13,993
Fair Value, Inputs, Level 3 [Member]
Net Loans	$ 12,875	13,849
Time deposits
FHLB advances