Plumas Bancorp (PLBC) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	PLUMAS BANCORP
Trading Symbol	PLBC
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		4,821,432
Amendment Flag	false
Entity Central Index Key	1,168,455
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 41,333	$ 45,574
Investment securities available for sale	90,024	90,320
Loans, less allowance for loan losses of $5,780 at June 30, 2015 and $5,451 at December 31, 2014	388,786	366,787
Premises and equipment, net	12,296	11,642
Bank owned life insurance	12,016	11,845
Real estate acquired through foreclosure	2,970	3,590
Accrued interest receivable and other assets	10,162	9,104
Total assets	557,587	538,862
Deposits:
Non-interest bearing	190,932	180,649
Interest bearing	302,436	287,242
Total deposits	493,368	467,891
Repurchase agreements	3,915	9,626
Note payable	5,000	1,000
Subordinated debenture		7,454
Accrued interest payable and other liabilities	5,973	6,084
Junior subordinated deferrable interest debentures	10,310	10,310
Total liabilities	$ 518,566	$ 502,365
Commitments and contingencies (Note 5)
Shareholders’ equity:
Common stock, no par value; 22,500,000 shares authorized; issued and outstanding – 4,821,432 shares at June 30, 2015 and 4,799,139 at December 31, 2014	$ 6,389	$ 6,312
Retained earnings	32,815	30,245
Accumulated other comprehensive loss, net	(183)	(60)
Total shareholders’ equity	39,021	36,497
Total liabilities and shareholders’ equity	$ 557,587	$ 538,862

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance for loan losses (in Dollars)	$ 5,780	$ 5,451
Common stock, par value (in Dollars per share)	$ 0	$ 0
Common stock, shares authorized	22,500,000	22,500,000
Common stock, shares issued	4,821,432	4,799,139
Common stock, shares outstanding	4,821,432	4,799,139

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest Income:
Interest and fees on loans	$ 5,148	$ 4,758	$ 10,090	$ 9,366
Interest on investment securities	418	381	816	755
Other	28	26	64	55
Total interest income	5,594	5,165	10,970	10,176
Interest Expense:
Interest on deposits	125	131	249	264
Interest on note payable	44	31	55	63
Interest on subordinated debenture	32	189	219	377
Interest on junior subordinated deferrable interest debentures	75	75	150	149
Other	1	1	3	3
Total interest expense	277	427	676	856
Net interest income before provision for loan losses	5,317	4,738	10,294	9,320
Provision for Loan Losses	300	300	600	450
Net interest income after provision for loan losses	5,017	4,438	9,694	8,870
Non-Interest Income:
Service charges	1,006	1,064	1,945	2,058
Gain on sale of loans	317	444	974	776
Gain on sale of investments	0	0	30	0
Other	499	385	918	748
Total non-interest income	1,822	1,893	3,867	3,582
Non-Interest Expenses:
Salaries and employee benefits	2,426	2,393	5,144	4,762
Occupancy and equipment	680	757	1,380	1,536
Other	1,523	1,314	2,811	2,727
Total non-interest expenses	4,629	4,464	9,335	9,025
Income before provision for income taxes	2,210	1,867	4,226	3,427
Provision for Income Taxes	855	742	1,656	1,360
Net income	$ 1,355	$ 1,125	$ 2,570	$ 2,067
Basic earnings per share (in Dollars per share)	$ 0.28	$ 0.23	$ 0.53	$ 0.43
Diluted earnings per share (in Dollars per share)	$ 0.27	$ 0.23	$ 0.51	$ 0.42

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 1,355	$ 1,125	$ 2,570	$ 2,067
Other comprehensive (loss) income :
Change in net unrealized gain	(832)	984	(179)	1,522
Less: reclassification adjustments for net gains included in net income			(30)
Net unrealized holding gains (losses)	(832)	984	(209)	1,522
Related tax effect:
Change in net unrealized gain	343	(406)	74	(628)
Reclassification of net gains included in net income			12
Income tax effect	343	(406)	86	(628)
Other comprehensive (loss) income	(489)	578	(123)	894
Total comprehensive income	$ 866	$ 1,703	$ 2,447	$ 2,961

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net income	$ 2,570	$ 2,067
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	600	450
Change in deferred loan origination costs/fees, net	(279)	(399)
Depreciation and amortization	618	649
Stock-based compensation expense	41	33
Gain on sale of Investments	(30)	0
Amortization of investment security premiums	248	249
Gain on sale of OREO and other vehicles	(42)	(123)
Gain on sale of loans held for sale	(974)	(776)
Loans originated for sale	(16,530)	(9,075)
Proceeds from loan sales	13,971	11,769
Provision from change in OREO valuation	43	135
Earnings on bank-owned life insurance	(170)	(172)
Increase in accrued interest receivable and other assets	(290)	(149)
(Decrease) increase in accrued interest payable and other liabilities	(111)	175
Net cash (used in) provided by operating activities	(335)	4,833
Cash Flows from Investing Activities:
Proceeds from matured and called available-for-sale investment securities	1,000	16,044
Proceeds from principal repayments from available-for-sale government-sponsored mortgage-backed securities	5,780	4,576
Purchases of available-for-sale securities	(13,994)	(19,767)
Proceeds from sale of available-for-sale securities	6,669
Net increase in loans	(19,427)	(20,756)
Proceeds from sale of OREO	834	2,805
Proceeds from sale of other vehicles	128	160
Purchase of premises and equipment	(1,202)	(81)
Net cash used in investing activities	(20,212)	(17,019)
Cash Flows from Financing Activities:
Net increase in demand, interest bearing and savings deposits	28,915	10,638
Net decrease in time deposits	(3,438)	(3,361)
Net decrease in securities sold under agreements to repurchase	(5,711)	(5,038)
Borrowing on note payable	4,000
Redemption of subordinated debenture	(7,500)
Proceeds from exercise of stock options	40	22
Net cash provided by financing activities	16,306	2,261
Decrease in cash and cash equivalents	(4,241)	(9,925)
Cash and Cash Equivalents at Beginning of Year	45,574	49,917
Cash and Cash Equivalents at End of Period	41,333	39,992
Cash paid during the period for:
Interest expense	596	772
Income taxes	2,295	1,200
Non-Cash Investing Activities:
Real estate and vehicles acquired through foreclosure	412	$ 432
Non-Cash Financing Activities:
Common stock retired in connection with the exercise of stock options	$ 32

Note 1 - General

Note 1 - General	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Nature of Operations [Text Block]	1 . GENERAL During 2002, Plumas Bancorp (the "Company") was incorporated as a bank holding company for the purpose of acquiring Plumas Bank (the "Bank") in a one bank holding company reorganization. This corporate structure gives the Company and the Bank greater flexibility in terms of operation, expansion and diversification. The Company formed Plumas Statutory Trust I ("Trust I") for the sole purpose of issuing trust preferred securities on September 26, 2002. The Company formed Plumas Statutory Trust II ("Trust II") for the sole purpose of issuing trust preferred securities on September 28, 2005. The Bank operates eleven branches in California, including branches in Alturas, Chester, Fall River Mills, Greenville, Kings Beach, Portola, Quincy, Redding, Susanville, Tahoe City, and Truckee. The Bank’s administrative headquarters is in Quincy, California. In addition, the Bank operates a loan administrative and lending office in Reno, Nevada, lending offices specializing in government-guaranteed lending in Auburn, California and Beaverton, Oregon and a commercial/agricultural lending office in Chico, California. The Bank's primary source of revenue is generated from providing loans to customers who are predominately small and middle market businesses and individuals residing in the surrounding areas.

Note 2 - Condensed Consolidated

Note 2 - Condensed Consolidated Financial Statements	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Basis of Accounting [Text Block]	2 . CONDENSED CONSOLIDATED FINANCIAL STATEMENTS The condensed consolidated financial statements include the accounts of the Company and the accounts of its wholly-owned subsidiary, Plumas Bank. Plumas Statutory Trust I and Plumas Statutory Trust II are not consolidated into the Company’s consolidated financial statements and, accordingly, are accounted for under the equity method. In the opinion of management, the unaudited condensed consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the Company’s financial position at June 30, 2015 and the results of its operations and its cash flows for the three-month and six-month periods ended June 30, 2015 and 2014. Our condensed consolidated balance sheet at December 31, 2014 is derived from audited financial statements. Certain reclassifications have been made to prior period’s balances to conform to classifications used in 2015. The unaudited condensed consolidated financial statements of the Company have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim reporting on Form 10-Q. Accordingly, certain disclosures normally presented in the notes to the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been omitted. The Company believes that the disclosures are adequate to make the information not misleading. These interim financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's 2014 Annual Report to Shareholders on Form 10-K. The results of operations for the three-month and six-month periods ended June 30, 2015 may not necessarily be indicative of future operating results. In preparing such financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the periods reported. Actual results could differ significantly from those estimates. Management has determined that because all of the commercial banking products and services offered by the Company are available in each branch of the Bank, all branches are located within the same economic environment and management does not allocate resources based on the performance of different lending or transaction activities, it is appropriate to aggregate the Bank branches and report them as a single operating segment. No single customer accounts for more than 10% of the revenues of the Company or the Bank.

Note 3 - Investment Securities

Note 3 - Investment Securities Available for Sale	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3 . INVESTMENT SECURITIES AVAILABLE FOR SALE The amortized cost and estimated fair value of investment securities at June 30, 2015 and December 31, 2014 consisted of the following, in thousands: Available-for-Sale June 30, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: U.S. Government-sponsored agencies $ 6,086 $ 34 $ (5 ) $ 6,115 U.S. Government-sponsored agencies collateralized by mortgage obligations-residential 68,363 151 (537 ) 67,977 Obligations of states and 15,886 127 (81 ) 15,932 $ 90,335 $ 312 $ (623 ) $ 90,024 Net unrealized loss on available-for-sale investment securities totaling $311,000 were recorded, net of $128,000 in tax expense, as accumulated other comprehensive income within shareholders' equity at June 30, 2015. During the six months ended June 30, 2015 the Company sold eight available-for-sale investment securities for total proceeds of $6,669,000 recording a $30,000 gain on sale. The Company realized a gain on sale from five of these securities totaling $37,000 and a loss on sale on three securities of $7 ,000. No securities were sold during the three months ended June 30, 2015. Available-for-Sale December 31, 2014 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: U.S. Government-sponsored agencies $ 7,003 $ 19 $ (20 ) $ 7,002 U.S. Government-sponsored agencies collateralized by mortgage obligations-residential 70,610 192 (522 ) 70,280 Obligations of states and political subdivisions 12,307 234 (9 ) 12,532 Corporate debt 502 4 - 506 $ 90,422 $ 449 $ (551 ) $ 90,320 Net unrealized loss on available-for-sale investment securities totaling $102,000 were recorded, net of $42,000 in tax benefits, as accumulated other comprehensive income within shareholders' equity at December 31, 2014. No securities were sold during the six months ended June 30, 2014 . There were no transfers of available-for-sale investment securities during the six months ended June 30, 2015 and twelve months ended December 31, 2014. There were no securities classified as held-to-maturity at June 30, 2015 or December 31, 2014 . Investment securities with unrealized losses at June 30, 2015 and December 31, 2014 are summarized and classified according to the duration of the loss period as follows, in thousands: June 30, 2015 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Debt securities: U.S. Government- sponsored agencies $ 993 $ 5 $ 993 $ 5 U.S. Government agencies collateralized by mortgage obligations-residential 23,169 188 $ 14,278 $ 349 37,447 537 Obligations of states and political subdivisions 6,527 81 - - 6,527 81 $ 30,689 $ 274 $ 14,278 $ 349 $ 44,967 $ 623 December 31, 2014 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Debt securities: U.S. Government- sponsored agencies $ 994 $ 6 $ 2,985 $ 14 $ 3,979 $ 20 U.S. Government agencies collateralized by mortgage obligations-residential 4,504 17 28,643 505 33,147 522 Obligations of states and political subdivisions 2,014 9 - - 2,014 9 $ 7,512 $ 32 $ 31,628 $ 519 $ 39,140 $ 551 At June 30, 2015, the Company held 129 securities of which 59 were in a loss position. Of the securities in a loss position, 44 were in a loss position for less than twelve months. Of the 59 securities 1 is a U.S. Government-sponsored agency, 34 are U.S. Government-sponsored agencies collateralized by residential mortgage obligations and 24 were obligations of states and political subdivisions. The unrealized losses relate principally to market rate conditions. All of the securities continue to pay as scheduled. When analyzing an issuer’s financial condition, management considers the length of time and extent to which the market value has been less than cost; the historical and implied volatility of the security; the financial condition of the issuer of the security; and the Company’s intent and ability to hold the security to recovery. As of June 30, 2015, management does not have the intent to sell these securities nor does it believe it is more likely than not that it will be required to sell these securities before the recovery of its amortized cost basis. Based on the Company’s evaluation of the above and other relevant factors, the Company does not believe the securities that are in an unrealized loss position as of June 30, 2015 are other than temporarily impaired. The amortized cost and estimated fair value of investment securities at June 30, 2015 by contractual maturity are shown below, in thousands. Amortized Cost Estimated Fair Value Within one year $ - $ - After one year through five years 6,086 6,115 After five years through ten years 12,164 12,226 After ten years 3,722 3,706 Investment securities not due at a single maturity date: Government-sponsored mortgage-backed securities 68,363 67,977 $ 90,335 $ 90,024 Expected maturities will differ from contractual maturities because the issuers of the securities may have the right to call or prepay obligations with or without call or prepayment penalties. Investment securities with amortized costs totaling $57,518,000 and $57,793,000 and estimated fair values totaling $57,368,000 and $57,636,000 at June 30, 2015 and December 31, 2014, respectively, were pledged to secure deposits and repurchase agreements.

Note 4 - Loans and the Allowanc

Note 4 - Loans and the Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4 . LOANS AND THE ALLOWANCE FOR LOAN LOSSES Outstanding loans are summarized below, in thousands: June 30, December 31, 2015 2014 Commercial $ 36,458 $ 31,465 Agricultural 38,542 35,355 Real estate - residential 27,346 29,284 Real estate – commercial 174,258 163,306 Real estate – construction and land development 26,594 24,572 Equity lines of credit 38,634 38,972 Auto 47,425 44,618 Other 3,315 2,818 392,572 370,390 Deferred loan costs, net 1,994 1,848 Allowance for loan losses (5,780 ) (5,451 ) $ 388,786 $ 366,787 Changes in the allowance for loan losses, in thousands, were as follows: June 30, December 31, 2015 2014 Balance, beginning of year $ 5,451 $ 5,517 Provision charged to operations 600 1,100 Losses charged to allowance (450 ) (1,913 ) Recoveries 179 747 Balance, end of year $ 5,780 $ 5,451 The recorded investment in impaired loans totaled $7,036,000 and $8,582,000 at June 30, 2015 and December 31, 2014, respectively. The Company had specific allowances for loan losses of $551,000 on impaired loans of $2,295,000 at June 30, 2015 as compared to specific allowances for loan losses of $564,000 on impaired loans of $2,401,000 at December 31, 2014. The balance of impaired loans in which no specific reserves were required totaled $4,741,000 and $6,181,000 at June 30, 2015 and December 31, 2014, respectively. The average recorded investment in impaired loans for the six months ended June 30, 2015 and June 30, 2014 was $7,096,000 and $8,982,000, respectively. The Company recognized $60,000 and $64,000 in interest income on impaired loans during the six months ended June 30, 2015 and 2014, respectively. No interest was recognized on impaired loans accounted for on a cash basis during the six months ended June 30, 2015 and 2014, respectively. Included in impaired loans are troubled debt restructurings. A troubled debt restructuring is a formal restructure of a loan where the Company for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower. The concessions may be granted in various forms to include one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. The carrying value of troubled debt restructurings at June 30, 2015 and December 31, 2014 was $4,817,000 and $5,738,000, respectively. The Company has allocated $276,000 and $319,000 of specific reserves on loans to customers whose loan terms have been modified in troubled debt restructurings as of June 30, 2015 and December 31, 2014, respectively. The Company has not committed to lend additional amounts on loans classified as troubled debt restructurings at June 30, 2015 and December 31, 2014. There were no troubled debt restructurings that occurred during the six months ended June 30, 2015 and 2014, respectively. There were no troubled debt restructurings for which there was a payment default within twelve months following the modification during the six months ended June 30, 2015 and 2014, respectively. At June 30, 2015 and December 31, 2014, nonaccrual loans totaled $5,078,000 and $6,625,000, respectively. Interest foregone on nonaccrual loans totaled $220,000 and $204,000 for the six months ended June 30, 2015 and 2014, respectively. Interest foregone on nonaccrual loans totaled $102,000 and $103,000 for the three months ended June 30, 2015 and 2014, respectively. No loans were past due 90 days or more and on accrual status at June 30, 2015 and December 31, 2014. The Company assigns a risk rating to all loans, with the exception of automobile and other loans and periodically, but not less than annually, performs detailed reviews of all such loans over $100,000 to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to examination by independent specialists engaged by the Company and the Company’s regulators. During these internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which borrowers operate and the fair values of collateral securing these loans. These credit quality indicators are used to assign a risk rating to each individual loan. The risk ratings can be grouped into five major categories, defined as follows: Pass Watch Substandard Doubtful Loss Other real estate owned totaled $2,970,000 and $3,590,000 at June 30, 2015 and December 31, 2014, respectively. Of these amount $117,000 at June 30, 2015 and $146,000 at December 31, 2014 represent foreclosed residential real estate property. The recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process totaled $99,000 at June 30, 2015 and $0 at December 31, 2014. The following table shows the loan portfolio allocated by management's internal risk ratings at the dates indicated, in thousands: June 30, 2015 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 35,199 $ 37,805 $ 26,830 $ 168,886 $ 25,020 $ 38,175 $ 331,915 Watch 496 354 83 1,278 665 146 3,022 Substandard 763 383 433 4,094 909 313 6,895 Doubtful - - - - - - - Total $ 36,458 $ 38,542 $ 27,346 $ 174,258 $ 26,594 $ 38,634 $ 341,832 December 31, 2014 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 30,176 $ 34,609 $ 28,048 $ 156,329 $ 22,924 $ 38,373 $ 310,459 Watch 789 355 233 2,297 537 146 4,357 Substandard 500 391 1,003 4,680 1,111 453 8,138 Doubtful - - - - - - - Total $ 31,465 $ 35,355 $ 29,284 $ 163,306 $ 24,572 $ 38,972 $ 322,954 Consumer Credit Exposure Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Credit Risk Profile Based on Payment Activity June 30 , 201 5 December 31, 201 4 Auto Other Total Auto Other Total Grade: Performing $ 47,351 $ 3,310 $ 50,661 $ 44,523 $ 2,805 $ 47,328 Non-performing 74 5 79 95 13 108 Total $ 47,425 $ 3,315 $ 50,740 $ 44,618 $ 2,818 $ 47,436 The following tables show the allocation of the allowance for loan losses at the dates indicated, in thousands: Six months ended June 30, 2015: Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Beginning balance $ 574 $ 225 $ 379 $ 1,701 $ 1,227 $ 691 $ 581 $ 73 $ 5,451 Charge-offs (54 ) (3 ) (53 ) - (55 ) (59 ) (204 ) (22 ) (450 ) Recoveries 90 - 4 - - 3 55 27 179 Provision 18 20 69 439 (141 ) (101 ) 285 11 600 Ending balance $ 628 $ 242 $ 399 $ 2,140 $ 1,031 $ 534 $ 717 $ 89 $ 5,780 Three months ended June 30, 2015: Allowance for Loan Losses Beginning balance $ 582 $ 222 $ 419 $ 1,963 $ 1,228 $ 587 $ 627 $ 94 $ 5,722 Charge-offs (14 ) (3 ) (48 ) - (54 ) (51 ) (93 ) (12 ) (275 ) Recoveries 9 - 2 - - 1 12 9 33 Provision 51 23 26 177 (143 ) (3 ) 171 (2 ) 300 Ending balance $ 628 $ 242 $ 399 $ 2,140 $ 1,031 $ 534 $ 717 $ 89 $ 5,780 Six months ended June 30, 2014: Allowance for Loan Losses Beginning balance $ 785 $ 164 $ 638 $ 1,774 $ 944 $ 613 $ 449 $ 150 $ 5,517 Charge-offs (93 ) - (145 ) (679 ) - (142 ) (105 ) (57 ) (1,221 ) Recoveries 27 - 27 1 491 13 21 32 612 Provision (16 ) 47 (97 ) 590 (295 ) 119 101 1 450 Ending balance $ 703 $ 211 $ 423 $ 1,686 $ 1,140 $ 603 $ 466 $ 126 $ 5,358 Three months ended June 30, 2014: Allowance for Loan Losses Beginning balance $ 542 $ 177 $ 604 $ 1,962 $ 1,166 $ 711 $ 429 $ 124 $ 5,715 Charge-offs (7 ) - (145 ) (679 ) - (131 ) (34 ) (30 ) (1,026 ) Recoveries 14 - 8 - 329 1 9 8 369 Provision 154 34 (44 ) 403 (355 ) 22 62 24 300 Ending balance $ 703 $ 211 $ 423 $ 1,686 $ 1,140 $ 603 $ 466 $ 126 $ 5,358 June 30, 2015: Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 32 $ - $ 56 $ 204 $ 220 $ 34 $ - $ 5 $ 551 Ending balance: collectively evaluated for impairment $ 596 $ 242 $ 343 $ 1,936 $ 811 $ 500 $ 717 $ 84 $ 5,229 Loans Ending balance $ 36,458 $ 38,542 $ 27,346 $ 174,258 $ 26,594 $ 38,634 $ 47,425 $ 3,315 $ 392,572 Ending balance: individually evaluated for impairment $ 92 $ 594 $ 1,657 $ 3,288 $ 1,048 $ 278 $ 74 $ 5 $ 7,036 Ending balance: collectively evaluated for impairment $ 36,366 $ 37,948 $ 25,689 $ 170,970 $ 25,546 $ 38,356 $ 47,351 $ 3,310 $ 385,536 December 31, 2014 Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Ending balance: individually evaluated for impairment $ - $ - $ 51 $ 65 $ 274 $ 174 $ - $ - $ 564 Ending balance: collectively evaluated for impairment $ 574 $ 225 $ 328 $ 1,636 $ 953 $ 517 $ 581 $ 73 $ 4,887 Loans Ending balance $ 31,465 $ 35,355 $ 29,284 $ 163,306 $ 24,572 $ 38,972 $ 44,618 $ 2,818 $ 370,390 Ending balance: individually evaluated for impairment $ 55 $ 605 $ 2,518 $ 3,643 $ 1,252 $ 415 $ 93 $ 1 $ 8,582 Ending balance: collectively evaluated for impairment $ 31,410 $ 34,750 $ 26,766 $ 159,663 $ 23,320 $ 38,557 $ 44,525 $ 2,817 $ 361,808 The following table shows an aging analysis of the loan portfolio by the time past due, in thousands: June 30, 2015 30-89 Days 90 Days and Total Past Due Still Accruing Nonaccrual Past Due Current Total Commercial $ 203 $ - $ 53 $ 256 $ 36,202 $ 36,458 Agricultural 7 - 332 339 38,203 38,542 Real estate – residential 1,546 - 139 1,685 25,661 27,346 Real estate – commercial 179 - 3,288 3,467 170,791 174,258 Real estate – construction and land 19 - 909 928 25,666 26,594 Equity lines of credit 66 - 278 344 38,290 38,634 Auto 542 - 74 616 46,809 47,425 Other 30 - 5 35 3,280 3,315 Total $ 2,592 $ - $ 5,078 $ 7,670 $ 384,902 $ 392,572 December 31, 2014 30-89 Days 90 Days and Total Past Due Still Accruing Nonaccrual Past Due Current Total Commercial $ 131 $ - $ 38 $ 169 $ 31,296 $ 31,465 Agricultural - - 339 339 35,016 35,355 Real estate – residential 292 - 985 1,277 28,007 29,284 Real estate – commercial - - 3,643 3,643 159,663 163,306 Real estate – construction and land 345 - 1,111 1,456 23,116 24,572 Equity Lines of credit 194 - 415 609 38,363 38,972 Auto 601 - 93 694 43,924 44,618 Other 43 - 1 44 2,774 2,818 Total $ 1,606 $ - $ 6,625 $ 8,231 $ 362,159 $ 370,390 The following tables show information related to impaired loans at the dates indicated, in thousands: Unpaid Average Interest Recorded Principal Related Recorded Income As of June 30, 2015: Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ 54 $ 54 $ 55 $ 1 Agricultural 594 594 600 10 Real estate – residential 1,410 1,421 1,415 39 Real estate – commercial 2,072 2,718 2,105 - Real estate – construction and land 375 375 383 4 Equity lines of credit 162 213 184 - Auto 74 74 51 - Other - - - - With an allowance recorded: Commercial $ 38 $ 38 $ 32 $ 12 $ 1 Agricultural - - - - - Real estate – residential 247 247 56 247 5 Real estate – commercial 1,216 1,216 204 1,243 - Real estate – construction and land 673 673 220 684 - Equity lines of credit 116 116 34 116 - Auto - - - - - Other 5 5 5 1 - Total: Commercial $ 92 $ 92 $ 32 $ 67 $ 2 Agricultural 594 594 - 600 10 Real estate – residential 1,657 1,668 56 1,662 44 Real estate – commercial 3,288 3,934 204 3,348 - Real estate – construction and land 1,048 1,048 220 1,067 4 Equity lines of credit 278 329 34 300 - Auto 74 74 - 51 - Other 5 5 5 1 - Total $ 7,036 $ 7,744 $ 551 $ 7,096 $ 60 Unpaid Average Interest Recorded Principal Related Recorded Income As of December 31, 2014: Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ 55 $ 55 $ 61 $ 1 Agricultural 605 605 605 51 Real estate – residential 1,422 1,433 1,443 80 Real estate – commercial 3,389 4,036 2,460 - Real estate – construction and land 495 495 512 9 Equity lines of credit 121 121 130 - Auto 93 93 81 - Other 1 1 - - With an allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural - - - - - Real estate – residential 1,096 1,102 51 1,112 11 Real estate – commercial 254 254 65 589 - Real estate – construction and land 757 757 274 778 - Equity lines of credit 294 294 174 299 - Auto - - - - - Other - - - - - Total: Commercial $ 55 $ 55 $ - $ 61 $ 1 Agricultural 605 605 - 605 51 Real estate – residential 2,518 2,535 51 2,555 91 Real estate – commercial 3,643 4,290 65 3,049 - Real estate – construction and land 1,252 1,252 274 1,290 9 Equity lines of credit 415 415 174 429 - Auto 93 93 - 81 - Other 1 1 - - - Total $ 8,582 $ 9,246 $ 564 $ 8,070 $ 152

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	5 . COMMITMENTS AND CONTINGENCIES The Company is party to claims and legal proceedings arising in the ordinary course of business. In the opinion of the Company’s management, the amount of ultimate liability with respect to such proceedings will not have a material adverse effect on the financial condition or result of operations of the Company taken as a whole. In the normal course of business, there are various outstanding commitments to extend credit, which are not reflected in the financial statements, including loan commitments of $81,901,000 and $89,735,000 and stand-by letters of credit of $210,000 and $0 at June 30, 2015 and December 31, 2014, respectively. Of the loan commitments outstanding at June 30, 2015, $9,850,000 are real estate construction loan commitments that are expected to fund within the next twelve months. The remaining commitments primarily relate to revolving lines of credit or other commercial loans, and many of these are expected to expire without being drawn upon. Therefore, the total commitments do not necessarily represent future cash requirements. Each loan commitment and the amount and type of collateral obtained, if any, are evaluated on an individual basis. Collateral held varies, but may include real property, bank deposits, debt or equity securities or business assets. Stand-by letters of credit are conditional commitments written to guarantee the performance of a customer to a third party. These guarantees are primarily related to the purchases of inventory by commercial customers and are typically short-term in nature. Credit risk is similar to that involved in extending loan commitments to customers and accordingly, evaluation and collateral requirements similar to those for loan commitments are used. The deferred liability related to the Company’s stand-by letters of credit was not significant at June 30, 2015 or December 31, 2014.

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	6. EARNINGS PER SHARE Basic earnings per share is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options, result in the issuance of common stock which shares in the earnings of the Company. The treasury stock method has been applied to determine the dilutive effect of stock options in computing diluted earnings per share. For the Three Months For the Six Months Ended June 30, Ended June 30, (In thousands, except per share data) 2015 2014 2015 2014 Net Income: Net income $ 1,355 $ 1,125 $ 2,570 $ 2,067 Earnings Per Share: Basic earnings per share $ 0.28 $ 0.23 $ 0.53 $ 0.43 Diluted earnings per share $ 0.27 $ 0.23 $ 0.51 $ 0.42 Weighted Average Number of Shares Outstanding: Basic shares 4,813 4,792 4,806 4,790 Diluted shares 5,069 4,958 5,058 4,944 Shares of common stock issuable under stock options and warrants for which the exercise prices were greater than the average market prices were not included in the computation of diluted earnings per share due to their antidilutive effect. Stock options and warrants not included in the computation of diluted earnings per share, due to shares not being in-the-money and having an antidilutive effect, were approximately 53,000 and 267,000 for the three month periods ended June 30, 2015 and 2014, respectively. Stock options and warrants not included in the computation of diluted earnings per share, due to shares not being in-the-money and having an antidilutive effect, were approximately 53,000 and 267,000 for the six month periods ended June 30, 2015 and 2014, respectively.

Note 7 - Stock-Based Compensati

Note 7 - Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	7 . STOCK-BASED COMPENSATION Stock Options In 2001, the Company established a Stock Option Plan for which 206,593 shares of common stock remain reserved for issuance to employees and directors and no shares are available for future grants as of June 30, 2015. As of June 30, 2015, all remaining shares in this plan have vested and no compensation cost remains unrecognized. The total fair value of options vested was $49,000 for the six months ended June 30, 2015 and 2014. The total intrinsic value of options at time of exercise was $163,000 and $30,000 for the six months ended June 30, 2015 and 2014, respectively. Cash received from option exercises for the six months ended June 30, 2015 and 2014 was $44,000 and $22,000, respectively. The tax benefit realized for the tax deductions from option exercise totaled $0 and $8,000, respectively, for the six months ended June 30, 2015 and 2014. A summary of the activity within the 2001 Stock Option Plan follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Intrinsic Value Options outstanding at January 1, 2015 306,393 $ 7.95 Options cancelled (74,100 ) 16.29 Options exercised (25,700 ) 2.95 Options outstanding at June 30, 2015 206,593 $ 5.58 2.9 $ 975,000 Options exercisable at June 30, 2015 206,593 $ 5.58 2.9 $ 975,000 In May 2013, the Company established the 2013 Stock Option Plan for which 500,000 shares of common stock are reserved and 389,600 shares are available for future grants as of June 30, 2015. The Plan requires that the option price may not be less than the fair market value of the stock at the date the option is granted, and that the stock must be paid in full at the time the option is exercised. Payment in full for the option price must be made in cash, with Company common stock previously acquired by the optionee and held by the optionee for a period of at least six months, in options of the Optionee that are fully vested and exercisable or in any combination of the foregoing. The options expire on dates determined by the Board of Directors, but not later than ten years from the date of grant. There were no options granted during the six months ended June 30, 2015. During the six months ended June 30, 2014, a total of 110,400 options were granted with a weighted average exercise price of $6.32. The fair value of each option was estimated on the date of grant using the following assumptions. Six Months Ended June 30, 2014 Expected life of stock options (in years) 5.2 Interest rate—stock options 1.64% Volatility—stock options 63.8% Dividend yields 2.0% Weighted-average fair value of options granted during the period $3.02 As of June 30, 2015, there was $165,000 of total unrecognized compensation cost related to non-vested, share-based compensation arrangements granted under the 2013 Plan. That cost is expected to be recognized over a weighted average period of 2.8 years. A summary of the activity within the 2013 Plan follows: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term in Years Intrinsic Value Options outstanding at January 1, 2015 110,400 $ 6.32 Options outstanding at June 30, 2015 110,400 $ 6.32 6.8 $ 331,000 Options exercisable at June 30, 2015 27,600 $ 6.32 6.8 $ 83,000 Expected to vest after June 30, 2015 71,746 $ 6.32 6.8 $ 215,000 Compensation cost related to stock options recognized in operating results under the two stock option plans was $41,000 and $33,000 for the six months ended June 30, 2015 and 2014, respectively. The associated income tax benefit recognized was $4,000 for the six months ended June 30, 2015 and $2,000 for the six months ended June 30, 2014. Compensation cost related to stock options recognized in operating results under the two stock option plans was $12,000 and $24,000 for the three months ended June 30, 2015 and 2014, respectively. The associated income tax benefit recognized was $2,000 for the three months ended June 30, 2015 and $2,000 for the three months ended June 30, 2014.

Note 8 - Income Taxes

Note 8 - Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	8 . INCOME TAXES The Company files its income taxes on a consolidated basis with its subsidiary. Income tax expense is the total of current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are recognized for the tax consequences of temporary differences between the reported amount of assets and liabilities and their tax bases. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. A valuation allowance is recognized if, based on the weight of available evidence management believes it is more likely than not that some portion or all of the deferred tax assets will not be realized. On the consolidated balance sheet, net deferred tax assets are included in accrued interest receivable and other assets. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest expense and penalties associated with unrecognized tax benefits, if any, are classified as income tax expense in the consolidated income statement. There have been no significant changes to unrecognized tax benefits or accrued interest and penalties for the six months ended June 30, 2015.

Note 9 - Fair Value Measurement

Note 9 - Fair Value Measurement	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	9 . FAIR VALUE MEASUREMENT The Company measures fair value under the fair value hierarchy described below. Level 1: Quoted prices for identical instruments traded in active exchange markets. Level 2: Quoted prices (unadjusted) for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable or can be corroborated by observable market data. Level 3: Model based techniques that use one significant assumption not observable in the market. These unobservable assumptions reflect the Company’s estimates of assumptions that market participants would use on pricing the asset or liability. Valuation techniques include management judgment and estimation which may be significant. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Management monitors the availability of observable market data to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another. In such instances, the transfer is reported at the beginning of the reporting period. Management evaluates the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total assets, total liabilities or total earnings. Fair Value of Financial Instruments The carrying amounts and estimated fair values of financial instruments, at June 30, 2015 and December 31, 2014 are as follows, in thousands: Fair Value Measurements at June 30, 2015 Using: Carrying Value Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 41,333 $ 41,333 $ 41,333 Investment securities 90,024 $ 90,024 90,024 Loans, net 388,786 $ 389,372 389,372 FHLB stock 2,380 N/A Accrued interest receivable 1,619 22 289 1,308 1,619 Financial liabilities: Deposits 493,368 440,465 52,915 493,380 Repurchase agreements 3,915 3,915 3,915 Note payable 5,000 5,000 5,000 Junior subordinated deferrable interest debentures 10,310 6,794 6,794 Accrued interest payable 107 7 49 51 107 Fair Value Measurements at December 31, 2014 Using: Carrying Value Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 45,574 $ 45,574 $ 45,574 Investment securities 90,320 $ 90,320 90,320 Loans, net 366,787 $ 368,442 368,442 FHLB stock 2,380 N/A Accrued interest receivable 1,727 281 1,446 1,727 Financial liabilities: Deposits 467,891 411,549 56,364 467,913 Repurchase agreements 9,626 9,626 9,626 Note payable 1,000 1,000 1,000 Subordinated debenture 7,454 7,313 7,313 Junior subordinated deferrable interest debentures 10,310 6,636 6,636 Accrued interest payable 72 7 47 18 72 These estimates do not reflect any premium or discount that could result from offering the Company's entire holdings of a particular financial instrument for sale at one time, nor do they attempt to estimate the value of anticipated future business related to the instruments. In addition, the tax ramifications related to the realization of unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of these estimates. The following methods and assumptions were used by management to estimate the fair value of its financial instruments: Cash and cash equivalents: Investment securities: Loans: FHLB stock: Deposits: Repurchase agreements: Note payable: Subordinated debentures and Junior subordinated deferrable interest debentures: Accrued interest and payable: Commitments to extend credit and letters of credit: Because no market exists for a significant portion of the Company's financial instruments, fair value estimates are based on judgments regarding current economic conditions, risk characteristics of various financial instruments and other factors. Those estimates that are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision are included in Level 3. Changes in assumptions could significantly affect the fair values presented. The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and non-recurring basis as of June 30, 2015 and December 31, 2014, and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value: Assets and liabilities measured at fair value on a recurring basis at June 30, 2015 are summarized below, in thousands: Fair Value Measurements at June 30, 2015 Using Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government-sponsored agencies $ 6,115 $ - $ 6,115 $ - U.S. Government-sponsored agencies collateralized by mortgage obligations- residential 67,977 67,977 Obligations of states and political subdivisions 15,932 15,932 $ 90,024 $ - $ 90,024 $ - Assets and liabilities measured at fair value on a recurring basis at December 31, 2014 are summarized below, in thousands: Fair Value Measurements at December 31, 2014 Using Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government-sponsored agencies $ 7,002 $ - $ 7,002 $ - U.S. Government-sponsored agencies collateralized by mortgage obligations- residential 70,280 70,280 Obligations of states and political subdivisions 12,532 12,532 Corporate debt 506 506 $ 90,320 $ - $ 90,320 $ - The fair value of securities available-for-sale equals quoted market price, if available. If quoted market prices are not available, fair value is determined using quoted market prices for similar securities or matrix pricing. There were no changes in the valuation techniques used during 2015 or 2014. Transfers between hierarchy measurement levels are recognized by the Company as of the beginning of the reporting period. Changes in fair market value are recorded in other comprehensive income. Assets and liabilities measured at fair value on a non-recurring basis at June 30, 2015 are summarized below, in thousands: Fair Value Measurements at June 30, 2015 Using Quoted Prices in Significant Other Significant Six Months Ended June 30, 2015 Total Fair Value Active Markets for Identical Assets (Level 1) Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Gains (Losses) Assets: Impaired loans: Commercial $ 7 $ - $ - $ 7 $ (27 ) Agricultural - - - Real estate – residential - - - Real estate – commercial 1,267 1,267 - Real estate – construction and land development 47 47 (16 ) Equity lines of credit 93 93 2 Auto - - - Other - - - Total impaired loans 1,414 - - 1,414 (41 ) Other real estate: Commercial - - - - (39 ) Real estate – residential 117 117 - Real estate – commercial 800 800 (106 ) Real estate – construction and land development 1,920 1,920 116 Equity lines of credit 133 133 (14 ) Total other real estate 2,970 - - 2,970 (43 ) $ 4,384 $ - $ - $ 4,384 $ (84 ) Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2014 are summarized below, in thousands: Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Significant Significant Six Months Ended June 30, 2014 Total Fair Value Identical Assets (Level 1) Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Gains (Losses) Assets: Impaired loans: Commercial $ - $ - $ - $ - $ - Agricultural - - - Real estate – residential 838 838 (63 ) Real estate – commercial 1,479 1,479 (50 ) Real estate – construction and land development 27 27 (169 ) Equity lines of credit 80 80 (81 ) Auto - - - Other - - - Total impaired loans 2,424 - - 2,424 (363 ) Other real estate: Real estate –residential 146 146 11 Real estate – commercial 1,052 1,052 - Real estate – construction and land development 1,984 1,984 (126 ) Equity lines of credit 408 408 (20 ) Total other real estate 3,590 - - 3,590 (135 ) $ 6,014 $ - $ - $ 6,014 $ (498 ) The Company has no liabilities which are reported at fair value. The following methods were used to estimate fair value. Impaired Loans: Other Real Estate: Appraisals for both collateral-dependent impaired loans and other real estate are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the Loan Administration Department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. On a quarterly basis, the Company compares the actual selling price of similar collateral that has been liquidated to the most recent appraised value for unsold properties to determine what additional adjustment, if any, should be made to the appraisal value to arrive at fair value. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2015 and December 31, 2014 (dollars in thousands) : Description Fair Value 6/30/15 Fair Value 12/31/2014 Valuation Technique Significant Unobservable Input Range (Weighted Average) 6/30/2015 Range (Weighted Average) 12/31/2014 Impaired Loans: Commercial $ 7 $ - Sales Comparison Adjustment for differences between comparable sales 0% - 28% (12%) N/A Real estate – residential $ - $ 838 Sales Comparison Adjustment for differences between comparable sales N/A 8% (8%) Real estate – commercial $ 1,267 $ 1,479 Sales Comparison Adjustment for differences between comparable sales 9% - 12% (10%) 9% - 12% (10%) Construction and land $ 47 $ 27 Sales Comparison Adjustment for differences between comparable sales 8% (8%) 8% (8%) Equity lines of credit $ 93 $ 80 Sales Comparison Adjustment for differences between comparable sales 8% - 10% (8%) 8% (8%) Other Real Estate: Real estate – residential $ 117 $ 146 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Real estate – commercial $ 800 $ 1,052 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Construction and land $ 1,920 $ 1,984 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Equity lines of credit $ 133 $ 408 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%)

Note 10 - Adoption of New Accou

Note 10 - Adoption of New Accounting Standards	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	10. Adoption of New Accounting Standards Recently Adopted Accounting Pronouncements In January 2014, the FASB issued ASU No. 2014-04, Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure. The objective of this guidance is to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 states that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, ASU No. 2014-04 requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for interim and annual reporting periods beginning after December 15, 2014. The adoption of ASU No. 2014-04 did not have a material impact on the Company's Financial Statements. In June 2014, the FASB issued ASU No. 2014-11, Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures. The Update improves the financial reporting of repurchase agreements and other similar transactions through a change in accounting for repurchase-to-maturity transactions and repurchase financings, and the introduction of two new disclosure requirements. New disclosures are required for (1) transfers accounted for as sales in transactions that are economically similar to repurchase agreements, in which the transferor retains substantially all of the exposure to the economic return on the transferred financial asset throughout the term of the transaction and (2) repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions accounted for as secured borrowings about the nature of collateral pledged and the time to maturity of those transactions The adoption of ASU No. 2014-11 did not have a material impact on the Company's Financial Statements. Pending Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09 Revenue from Contracts with Customers. This update to the ASC is the culmination of efforts by the FASB and the International Accounting Standards Board (IASB) to develop a common revenue standard for U.S. GAAP and International Financial Reporting Standards (IFRS). ASU 2014-09 supersedes Topic 605 – Revenue Recognition and most industry-specific guidance. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance in ASU 2014-09 describes a 5-step process entities can apply to achieve the core principle of revenue recognition and requires disclosures sufficient to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers and the significant judgments used in determining that information. This update was originally effective for annual reporting periods beginning on or after December 15, 2016 and interim periods therein and requires expanded disclosures. In July 2015 the FASB issued a deferral of ASU 2014-09 of one year making it effective for annual reporting periods beginning on or after December 15, 2017 while also providing for early adoption but not before the original effective date. The Company is currently evaluating the effects of ASU 2014-09 on its financial statements and disclosures, if any.

Note 3 - Investment Securitie17

Note 3 - Investment Securities Available for Sale (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Available-for-Sale June 30, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: U.S. Government-sponsored agencies $ 6,086 $ 34 $ (5 ) $ 6,115 U.S. Government-sponsored agencies collateralized by mortgage obligations-residential 68,363 151 (537 ) 67,977 Obligations of states and 15,886 127 (81 ) 15,932 $ 90,335 $ 312 $ (623 ) $ 90,024 Available-for-Sale December 31, 2014 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value Debt securities: U.S. Government-sponsored agencies $ 7,003 $ 19 $ (20 ) $ 7,002 U.S. Government-sponsored agencies collateralized by mortgage obligations-residential 70,610 192 (522 ) 70,280 Obligations of states and political subdivisions 12,307 234 (9 ) 12,532 Corporate debt 502 4 - 506 $ 90,422 $ 449 $ (551 ) $ 90,320
Schedule of Unrealized Loss on Investments [Table Text Block]	June 30, 2015 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Debt securities: U.S. Government- sponsored agencies $ 993 $ 5 $ 993 $ 5 U.S. Government agencies collateralized by mortgage obligations-residential 23,169 188 $ 14,278 $ 349 37,447 537 Obligations of states and political subdivisions 6,527 81 - - 6,527 81 $ 30,689 $ 274 $ 14,278 $ 349 $ 44,967 $ 623 December 31, 2014 Less than 12 Months 12 Months or More Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Debt securities: U.S. Government- sponsored agencies $ 994 $ 6 $ 2,985 $ 14 $ 3,979 $ 20 U.S. Government agencies collateralized by mortgage obligations-residential 4,504 17 28,643 505 33,147 522 Obligations of states and political subdivisions 2,014 9 - - 2,014 9 $ 7,512 $ 32 $ 31,628 $ 519 $ 39,140 $ 551
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Cost Estimated Fair Value Within one year $ - $ - After one year through five years 6,086 6,115 After five years through ten years 12,164 12,226 After ten years 3,722 3,706 Investment securities not due at a single maturity date: Government-sponsored mortgage-backed securities 68,363 67,977 $ 90,335 $ 90,024

Note 4 - Loans and the Allowa18

Note 4 - Loans and the Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, December 31, 2015 2014 Commercial $ 36,458 $ 31,465 Agricultural 38,542 35,355 Real estate - residential 27,346 29,284 Real estate – commercial 174,258 163,306 Real estate – construction and land development 26,594 24,572 Equity lines of credit 38,634 38,972 Auto 47,425 44,618 Other 3,315 2,818 392,572 370,390 Deferred loan costs, net 1,994 1,848 Allowance for loan losses (5,780 ) (5,451 ) $ 388,786 $ 366,787
Allowance for Credit Losses on Financing Receivables [Table Text Block]	June 30, December 31, 2015 2014 Balance, beginning of year $ 5,451 $ 5,517 Provision charged to operations 600 1,100 Losses charged to allowance (450 ) (1,913 ) Recoveries 179 747 Balance, end of year $ 5,780 $ 5,451
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2015 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 35,199 $ 37,805 $ 26,830 $ 168,886 $ 25,020 $ 38,175 $ 331,915 Watch 496 354 83 1,278 665 146 3,022 Substandard 763 383 433 4,094 909 313 6,895 Doubtful - - - - - - - Total $ 36,458 $ 38,542 $ 27,346 $ 174,258 $ 26,594 $ 38,634 $ 341,832 December 31, 2014 Commercial Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Agricultural Real Estate-Residential Real Estate-Commercial Real Estate-Construction Equity LOC Total Grade: Pass $ 30,176 $ 34,609 $ 28,048 $ 156,329 $ 22,924 $ 38,373 $ 310,459 Watch 789 355 233 2,297 537 146 4,357 Substandard 500 391 1,003 4,680 1,111 453 8,138 Doubtful - - - - - - - Total $ 31,465 $ 35,355 $ 29,284 $ 163,306 $ 24,572 $ 38,972 $ 322,954 Consumer Credit Exposure Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Credit Risk Profile Based on Payment Activity June 30 , 201 5 December 31, 201 4 Auto Other Total Auto Other Total Grade: Performing $ 47,351 $ 3,310 $ 50,661 $ 44,523 $ 2,805 $ 47,328 Non-performing 74 5 79 95 13 108 Total $ 47,425 $ 3,315 $ 50,740 $ 44,618 $ 2,818 $ 47,436
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]	Six months ended June 30, 2015: Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Beginning balance $ 574 $ 225 $ 379 $ 1,701 $ 1,227 $ 691 $ 581 $ 73 $ 5,451 Charge-offs (54 ) (3 ) (53 ) - (55 ) (59 ) (204 ) (22 ) (450 ) Recoveries 90 - 4 - - 3 55 27 179 Provision 18 20 69 439 (141 ) (101 ) 285 11 600 Ending balance $ 628 $ 242 $ 399 $ 2,140 $ 1,031 $ 534 $ 717 $ 89 $ 5,780 Three months ended June 30, 2015: Allowance for Loan Losses Beginning balance $ 582 $ 222 $ 419 $ 1,963 $ 1,228 $ 587 $ 627 $ 94 $ 5,722 Charge-offs (14 ) (3 ) (48 ) - (54 ) (51 ) (93 ) (12 ) (275 ) Recoveries 9 - 2 - - 1 12 9 33 Provision 51 23 26 177 (143 ) (3 ) 171 (2 ) 300 Ending balance $ 628 $ 242 $ 399 $ 2,140 $ 1,031 $ 534 $ 717 $ 89 $ 5,780 Six months ended June 30, 2014: Allowance for Loan Losses Beginning balance $ 785 $ 164 $ 638 $ 1,774 $ 944 $ 613 $ 449 $ 150 $ 5,517 Charge-offs (93 ) - (145 ) (679 ) - (142 ) (105 ) (57 ) (1,221 ) Recoveries 27 - 27 1 491 13 21 32 612 Provision (16 ) 47 (97 ) 590 (295 ) 119 101 1 450 Ending balance $ 703 $ 211 $ 423 $ 1,686 $ 1,140 $ 603 $ 466 $ 126 $ 5,358 Three months ended June 30, 2014: Allowance for Loan Losses Beginning balance $ 542 $ 177 $ 604 $ 1,962 $ 1,166 $ 711 $ 429 $ 124 $ 5,715 Charge-offs (7 ) - (145 ) (679 ) - (131 ) (34 ) (30 ) (1,026 ) Recoveries 14 - 8 - 329 1 9 8 369 Provision 154 34 (44 ) 403 (355 ) 22 62 24 300 Ending balance $ 703 $ 211 $ 423 $ 1,686 $ 1,140 $ 603 $ 466 $ 126 $ 5,358 June 30, 2015: Allowance for Loan Losses Ending balance: individually evaluated for impairment $ 32 $ - $ 56 $ 204 $ 220 $ 34 $ - $ 5 $ 551 Ending balance: collectively evaluated for impairment $ 596 $ 242 $ 343 $ 1,936 $ 811 $ 500 $ 717 $ 84 $ 5,229 Loans Ending balance $ 36,458 $ 38,542 $ 27,346 $ 174,258 $ 26,594 $ 38,634 $ 47,425 $ 3,315 $ 392,572 Ending balance: individually evaluated for impairment $ 92 $ 594 $ 1,657 $ 3,288 $ 1,048 $ 278 $ 74 $ 5 $ 7,036 Ending balance: collectively evaluated for impairment $ 36,366 $ 37,948 $ 25,689 $ 170,970 $ 25,546 $ 38,356 $ 47,351 $ 3,310 $ 385,536 December 31, 2014 Commercial Agricultural Real Estate- Residential Real Estate- Commercial Real Estate- Construction Equity LOC Auto Other Total Allowance for Loan Losses Ending balance: individually evaluated for impairment $ - $ - $ 51 $ 65 $ 274 $ 174 $ - $ - $ 564 Ending balance: collectively evaluated for impairment $ 574 $ 225 $ 328 $ 1,636 $ 953 $ 517 $ 581 $ 73 $ 4,887 Loans Ending balance $ 31,465 $ 35,355 $ 29,284 $ 163,306 $ 24,572 $ 38,972 $ 44,618 $ 2,818 $ 370,390 Ending balance: individually evaluated for impairment $ 55 $ 605 $ 2,518 $ 3,643 $ 1,252 $ 415 $ 93 $ 1 $ 8,582 Ending balance: collectively evaluated for impairment $ 31,410 $ 34,750 $ 26,766 $ 159,663 $ 23,320 $ 38,557 $ 44,525 $ 2,817 $ 361,808
Past Due Financing Receivables [Table Text Block]	June 30, 2015 30-89 Days 90 Days and Total Past Due Still Accruing Nonaccrual Past Due Current Total Commercial $ 203 $ - $ 53 $ 256 $ 36,202 $ 36,458 Agricultural 7 - 332 339 38,203 38,542 Real estate – residential 1,546 - 139 1,685 25,661 27,346 Real estate – commercial 179 - 3,288 3,467 170,791 174,258 Real estate – construction and land 19 - 909 928 25,666 26,594 Equity lines of credit 66 - 278 344 38,290 38,634 Auto 542 - 74 616 46,809 47,425 Other 30 - 5 35 3,280 3,315 Total $ 2,592 $ - $ 5,078 $ 7,670 $ 384,902 $ 392,572 December 31, 2014 30-89 Days 90 Days and Total Past Due Still Accruing Nonaccrual Past Due Current Total Commercial $ 131 $ - $ 38 $ 169 $ 31,296 $ 31,465 Agricultural - - 339 339 35,016 35,355 Real estate – residential 292 - 985 1,277 28,007 29,284 Real estate – commercial - - 3,643 3,643 159,663 163,306 Real estate – construction and land 345 - 1,111 1,456 23,116 24,572 Equity Lines of credit 194 - 415 609 38,363 38,972 Auto 601 - 93 694 43,924 44,618 Other 43 - 1 44 2,774 2,818 Total $ 1,606 $ - $ 6,625 $ 8,231 $ 362,159 $ 370,390
Impaired Financing Receivables [Table Text Block]	Unpaid Average Interest Recorded Principal Related Recorded Income As of June 30, 2015: Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ 54 $ 54 $ 55 $ 1 Agricultural 594 594 600 10 Real estate – residential 1,410 1,421 1,415 39 Real estate – commercial 2,072 2,718 2,105 - Real estate – construction and land 375 375 383 4 Equity lines of credit 162 213 184 - Auto 74 74 51 - Other - - - - With an allowance recorded: Commercial $ 38 $ 38 $ 32 $ 12 $ 1 Agricultural - - - - - Real estate – residential 247 247 56 247 5 Real estate – commercial 1,216 1,216 204 1,243 - Real estate – construction and land 673 673 220 684 - Equity lines of credit 116 116 34 116 - Auto - - - - - Other 5 5 5 1 - Total: Commercial $ 92 $ 92 $ 32 $ 67 $ 2 Agricultural 594 594 - 600 10 Real estate – residential 1,657 1,668 56 1,662 44 Real estate – commercial 3,288 3,934 204 3,348 - Real estate – construction and land 1,048 1,048 220 1,067 4 Equity lines of credit 278 329 34 300 - Auto 74 74 - 51 - Other 5 5 5 1 - Total $ 7,036 $ 7,744 $ 551 $ 7,096 $ 60 Unpaid Average Interest Recorded Principal Related Recorded Income As of December 31, 2014: Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ 55 $ 55 $ 61 $ 1 Agricultural 605 605 605 51 Real estate – residential 1,422 1,433 1,443 80 Real estate – commercial 3,389 4,036 2,460 - Real estate – construction and land 495 495 512 9 Equity lines of credit 121 121 130 - Auto 93 93 81 - Other 1 1 - - With an allowance recorded: Commercial $ - $ - $ - $ - $ - Agricultural - - - - - Real estate – residential 1,096 1,102 51 1,112 11 Real estate – commercial 254 254 65 589 - Real estate – construction and land 757 757 274 778 - Equity lines of credit 294 294 174 299 - Auto - - - - - Other - - - - - Total: Commercial $ 55 $ 55 $ - $ 61 $ 1 Agricultural 605 605 - 605 51 Real estate – residential 2,518 2,535 51 2,555 91 Real estate – commercial 3,643 4,290 65 3,049 - Real estate – construction and land 1,252 1,252 274 1,290 9 Equity lines of credit 415 415 174 429 - Auto 93 93 - 81 - Other 1 1 - - - Total $ 8,582 $ 9,246 $ 564 $ 8,070 $ 152

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months For the Six Months Ended June 30, Ended June 30, (In thousands, except per share data) 2015 2014 2015 2014 Net Income: Net income $ 1,355 $ 1,125 $ 2,570 $ 2,067 Earnings Per Share: Basic earnings per share $ 0.28 $ 0.23 $ 0.53 $ 0.43 Diluted earnings per share $ 0.27 $ 0.23 $ 0.51 $ 0.42 Weighted Average Number of Shares Outstanding: Basic shares 4,813 4,792 4,806 4,790 Diluted shares 5,069 4,958 5,058 4,944

Note 7 - Stock-Based Compensa20

Note 7 - Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Intrinsic Value Options outstanding at January 1, 2015 306,393 $ 7.95 Options cancelled (74,100 ) 16.29 Options exercised (25,700 ) 2.95 Options outstanding at June 30, 2015 206,593 $ 5.58 2.9 $ 975,000 Options exercisable at June 30, 2015 206,593 $ 5.58 2.9 $ 975,000 Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term in Years Intrinsic Value Options outstanding at January 1, 2015 110,400 $ 6.32 Options outstanding at June 30, 2015 110,400 $ 6.32 6.8 $ 331,000 Options exercisable at June 30, 2015 27,600 $ 6.32 6.8 $ 83,000 Expected to vest after June 30, 2015 71,746 $ 6.32 6.8 $ 215,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Six Months Ended June 30, 2014 Expected life of stock options (in years) 5.2 Interest rate—stock options 1.64% Volatility—stock options 63.8% Dividend yields 2.0% Weighted-average fair value of options granted during the period $3.02

Note 9 - Fair Value Measureme21

Note 9 - Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at June 30, 2015 Using: Carrying Value Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 41,333 $ 41,333 $ 41,333 Investment securities 90,024 $ 90,024 90,024 Loans, net 388,786 $ 389,372 389,372 FHLB stock 2,380 N/A Accrued interest receivable 1,619 22 289 1,308 1,619 Financial liabilities: Deposits 493,368 440,465 52,915 493,380 Repurchase agreements 3,915 3,915 3,915 Note payable 5,000 5,000 5,000 Junior subordinated deferrable interest debentures 10,310 6,794 6,794 Accrued interest payable 107 7 49 51 107 Fair Value Measurements at December 31, 2014 Using: Carrying Value Level 1 Level 2 Level 3 Total Fair Value Financial assets: Cash and cash equivalents $ 45,574 $ 45,574 $ 45,574 Investment securities 90,320 $ 90,320 90,320 Loans, net 366,787 $ 368,442 368,442 FHLB stock 2,380 N/A Accrued interest receivable 1,727 281 1,446 1,727 Financial liabilities: Deposits 467,891 411,549 56,364 467,913 Repurchase agreements 9,626 9,626 9,626 Note payable 1,000 1,000 1,000 Subordinated debenture 7,454 7,313 7,313 Junior subordinated deferrable interest debentures 10,310 6,636 6,636 Accrued interest payable 72 7 47 18 72
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at June 30, 2015 Using Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government-sponsored agencies $ 6,115 $ - $ 6,115 $ - U.S. Government-sponsored agencies collateralized by mortgage obligations- residential 67,977 67,977 Obligations of states and political subdivisions 15,932 15,932 $ 90,024 $ - $ 90,024 $ - Fair Value Measurements at December 31, 2014 Using Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government-sponsored agencies $ 7,002 $ - $ 7,002 $ - U.S. Government-sponsored agencies collateralized by mortgage obligations- residential 70,280 70,280 Obligations of states and political subdivisions 12,532 12,532 Corporate debt 506 506 $ 90,320 $ - $ 90,320 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at June 30, 2015 Using Quoted Prices in Significant Other Significant Six Months Ended June 30, 2015 Total Fair Value Active Markets for Identical Assets (Level 1) Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Gains (Losses) Assets: Impaired loans: Commercial $ 7 $ - $ - $ 7 $ (27 ) Agricultural - - - Real estate – residential - - - Real estate – commercial 1,267 1,267 - Real estate – construction and land development 47 47 (16 ) Equity lines of credit 93 93 2 Auto - - - Other - - - Total impaired loans 1,414 - - 1,414 (41 ) Other real estate: Commercial - - - - (39 ) Real estate – residential 117 117 - Real estate – commercial 800 800 (106 ) Real estate – construction and land development 1,920 1,920 116 Equity lines of credit 133 133 (14 ) Total other real estate 2,970 - - 2,970 (43 ) $ 4,384 $ - $ - $ 4,384 $ (84 ) Fair Value Measurements at December 31, 2014 Using Quoted Prices in Active Significant Significant Six Months Ended June 30, 2014 Total Fair Value Identical Assets (Level 1) Observable Inputs (Level 2) Unobservable Inputs (Level 3) Total Gains (Losses) Assets: Impaired loans: Commercial $ - $ - $ - $ - $ - Agricultural - - - Real estate – residential 838 838 (63 ) Real estate – commercial 1,479 1,479 (50 ) Real estate – construction and land development 27 27 (169 ) Equity lines of credit 80 80 (81 ) Auto - - - Other - - - Total impaired loans 2,424 - - 2,424 (363 ) Other real estate: Real estate –residential 146 146 11 Real estate – commercial 1,052 1,052 - Real estate – construction and land development 1,984 1,984 (126 ) Equity lines of credit 408 408 (20 ) Total other real estate 3,590 - - 3,590 (135 ) $ 6,014 $ - $ - $ 6,014 $ (498 )
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Description Fair Value 6/30/15 Fair Value 12/31/2014 Valuation Technique Significant Unobservable Input Range (Weighted Average) 6/30/2015 Range (Weighted Average) 12/31/2014 Impaired Loans: Commercial $ 7 $ - Sales Comparison Adjustment for differences between comparable sales 0% - 28% (12%) N/A Real estate – residential $ - $ 838 Sales Comparison Adjustment for differences between comparable sales N/A 8% (8%) Real estate – commercial $ 1,267 $ 1,479 Sales Comparison Adjustment for differences between comparable sales 9% - 12% (10%) 9% - 12% (10%) Construction and land $ 47 $ 27 Sales Comparison Adjustment for differences between comparable sales 8% (8%) 8% (8%) Equity lines of credit $ 93 $ 80 Sales Comparison Adjustment for differences between comparable sales 8% - 10% (8%) 8% (8%) Other Real Estate: Real estate – residential $ 117 $ 146 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Real estate – commercial $ 800 $ 1,052 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Construction and land $ 1,920 $ 1,984 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%) Equity lines of credit $ 133 $ 408 Sales Comparison Adjustment for differences between comparable sales 10% (10%) 10% (10%)

Note 1 - General (Details)

Note 1 - General (Details)	Jun. 30, 2015
CALIFORNIA
Note 1 - General (Details) [Line Items]
Number of Branches	11

Note 3 - Investment Securitie23

Note 3 - Investment Securities Available for Sale (Details)	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014	Dec. 31, 2014USD ($)
Note 3 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale Securities, Accumulated Gross Unrealized Gain (Loss), before Tax	$ (311,000)	$ (311,000)		$ (102,000)
Available-for-sale Securities, Income Tax Expense (Benefit) on Accumulated Gross Unrealized Gains (Losses)	$ 128,000	$ 128,000		$ (42,000)
Number of Securities Sold During Period	0	8	0
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds		$ 6,669,000
Available-for-sale Securities, Gross Realized Gain (Loss)		$ 30,000
Number of Securities Sold for Gain		5
Available-for-sale Securities, Gross Realized Gains		$ 37,000
Number of Securities Sold for Loss		3
Available-for-sale Securities, Gross Realized Losses		$ 7,000
Available-for-sale Securities, Transfers to Trading and Held to Maturity		0		0
Held-to-maturity Securities	$ 0	$ 0		$ 0
Number of Investment Securities	129	129
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	59	59
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	44	44
Available-for-sale Debt Securities, Pledged to Secure Deposits and Repurchase Agreements, Amortized Cost Basis	$ 57,518,000	$ 57,518,000		57,793,000
Available-for-sale Securities Pledged as Collateral	$ 57,368,000	$ 57,368,000		$ 57,636,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 3 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	59	59
US Government-sponsored Enterprises Debt Securities [Member]
Note 3 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	1	1
US Government Agencies Debt Securities [Member]
Note 3 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	34	34
US States and Political Subdivisions Debt Securities [Member]
Note 3 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	24	24

Note 3 - Investment Securitie24

Note 3 - Investment Securities Available for Sale (Details) - Amortized Cost and Estimated Fair Value of Investment Securities - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt securities:
Investment securities available for sale, amortized cost	$ 90,335	$ 90,422
Investment securities available for sale, gross unrealized gains	312	449
Investment securities available for sale, gross unrealized losses	(623)	(551)
Investment securities available for sale	90,024	90,320
US Government Agencies Debt Securities [Member]
Debt securities:
Investment securities available for sale, amortized cost	6,086	7,003
Investment securities available for sale, gross unrealized gains	34	19
Investment securities available for sale, gross unrealized losses	(5)	(20)
Investment securities available for sale	6,115	7,002
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Debt securities:
Investment securities available for sale, amortized cost	68,363	70,610
Investment securities available for sale, gross unrealized gains	151	192
Investment securities available for sale, gross unrealized losses	(537)	(522)
Investment securities available for sale	67,977	70,280
US States and Political Subdivisions Debt Securities [Member]
Debt securities:
Investment securities available for sale, amortized cost	15,886	12,307
Investment securities available for sale, gross unrealized gains	127	234
Investment securities available for sale, gross unrealized losses	(81)	(9)
Investment securities available for sale	$ 15,932	12,532
Corporate Debt Securities [Member]
Debt securities:
Investment securities available for sale, amortized cost		502
Investment securities available for sale, gross unrealized gains		4
Investment securities available for sale		$ 506

Note 3 - Investment Securitie25

Note 3 - Investment Securities Available for Sale (Details) - Investment Securities with Unrealized Losses - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt securities:
Securities with unrealized losses, less than 12 months, fair value	$ 30,689	$ 7,512
Securities with unrealized losses, less than 12 months	274	32
Securities with unrealized losses, 12 months or more, fair value	14,278	31,628
Securities with unrealized losses, 12 months or more	349	519
Securities with unrealized losses, fair value	44,967	39,140
Securities with unrealized losses	623	551
US Government Agencies Debt Securities [Member]
Debt securities:
Securities with unrealized losses, less than 12 months, fair value	993	994
Securities with unrealized losses, less than 12 months	5	6
Securities with unrealized losses, 12 months or more, fair value		2,985
Securities with unrealized losses, 12 months or more		14
Securities with unrealized losses, fair value	993	3,979
Securities with unrealized losses	5	20
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Debt securities:
Securities with unrealized losses, less than 12 months, fair value	23,169	4,504
Securities with unrealized losses, less than 12 months	188	17
Securities with unrealized losses, 12 months or more, fair value	14,278	28,643
Securities with unrealized losses, 12 months or more	349	505
Securities with unrealized losses, fair value	37,447	33,147
Securities with unrealized losses	537	522
US States and Political Subdivisions Debt Securities [Member]
Debt securities:
Securities with unrealized losses, less than 12 months, fair value	6,527	2,014
Securities with unrealized losses, less than 12 months	81	9
Securities with unrealized losses, fair value	6,527	2,014
Securities with unrealized losses	$ 81	$ 9

Note 3 - Investment Securitie26

Note 3 - Investment Securities Available for Sale (Details) - Investment Securities by Contractual Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 3 - Investment Securities Available for Sale (Details) - Investment Securities by Contractual Maturity [Line Items]
After one year through five years	$ 6,086
After one year through five years	6,115
After five years through ten years	12,164
After five years through ten years	12,226
After ten years	3,722
After ten years	3,706
Investment securities not due at a single maturity date:
	90,335	$ 90,422
	90,024	$ 90,320
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities not due at a single maturity date:
Government-sponsored mortgage-backed securities	68,363
Government-sponsored mortgage-backed securities	$ 67,977

Note 4 - Loans and the Allowa27

Note 4 - Loans and the Allowance for Loan Losses (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Note 4 - Loans and the Allowance for Loan Losses (Details) [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 7,036,000		$ 7,036,000		$ 8,582,000
Impaired Financing Receivable, Related Allowance	551,000		551,000		564,000
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,295,000		2,295,000		2,401,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,741,000		4,741,000		6,181,000
Impaired Financing Receivable, Average Recorded Investment	7,096,000	$ 8,982,000	7,096,000		8,070,000
Impaired Financing Receivable, Interest Income, Accrual Method			60,000	$ 64,000	152,000
Impaired Financing Receivable, Interest Income, Cash Basis Method			0	$ 0
Financing Receivable, Modifications, Recorded Investment	4,817,000		4,817,000		5,738,000
Financing Receivable Modifications Related Allowances	276,000		$ 276,000		319,000
Financing Receivable, Modifications, Number of Contracts			0	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts			0	0
Financing Receivable, Recorded Investment, Nonaccrual Status	5,078,000		$ 5,078,000		6,625,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	102,000	$ 103,000	220,000	$ 204,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	0		0		0
Threshold Limit for Loans to be Reviewed for Credit Risk			100,000
Other Real Estate, Foreclosed Assets, and Repossessed Assets	2,970,000		2,970,000		3,590,000
Mortgage Loans in Process of Foreclosure, Amount	99,000		99,000		0
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Note 4 - Loans and the Allowance for Loan Losses (Details) [Line Items]
Impaired Financing Receivable, Recorded Investment	1,657,000		1,657,000		2,518,000
Impaired Financing Receivable, Related Allowance	56,000		56,000		51,000
Impaired Financing Receivable, with Related Allowance, Recorded Investment	247,000		247,000		1,096,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,410,000		1,410,000		1,422,000
Impaired Financing Receivable, Average Recorded Investment			1,662,000		2,555,000
Impaired Financing Receivable, Interest Income, Accrual Method			44,000		91,000
Financing Receivable, Recorded Investment, Nonaccrual Status	139,000		139,000		985,000
Real Estate Acquired Through Foreclosure	$ 117,000		$ 117,000		$ 146,000

Note 4 - Loans and the Allowa28

Note 4 - Loans and the Allowance for Loan Losses (Details) - Outstanding Loans - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 392,572		$ 370,390
Deferred loan costs, net	1,994		1,848
Allowance for loan losses	(5,780)	$ (5,722)	(5,451)	$ (5,358)	$ (5,715)	$ (5,517)
	388,786		366,787
Commercial Portfolio Segment [Member] | Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	36,458		31,465
Allowance for loan losses	(628)	(582)	(574)	(703)	(542)	(785)
Commercial Portfolio Segment [Member] | Agricultural Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	38,542		35,355
Allowance for loan losses	(242)	(222)	(225)	(211)	(177)	(164)
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	174,258		163,306
Allowance for loan losses	(2,140)	(1,963)	(1,701)	(1,686)	(1,962)	(1,774)
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	26,594		24,572
Allowance for loan losses	(1,031)	(1,228)	(1,227)	(1,140)	(1,166)	(944)
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	27,346		29,284
Allowance for loan losses	(399)	(419)	(379)	(423)	(604)	(638)
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	38,634		38,972
Allowance for loan losses	(534)	(587)	(691)	(603)	(711)	(613)
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	50,740		47,436
Consumer Portfolio Segment [Member] | Automobile Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	47,425		44,618
Allowance for loan losses	(717)	(627)	(581)	(466)	(429)	(449)
Consumer Portfolio Segment [Member] | Other Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,315		2,818
Allowance for loan losses	$ (89)	$ (94)	$ (73)	$ (126)	$ (124)	$ (150)

Note 4 - Loans and the Allowa29

Note 4 - Loans and the Allowance for Loan Losses (Details) - Changes in the Allowance for Loan Losses - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Changes in the Allowance for Loan Losses [Abstract]
Balance, beginning of year	$ 5,722	$ 5,715	$ 5,451	$ 5,517	$ 5,517
Provision charged to operations	300	300	600	450	1,100
Losses charged to allowance	(275)	(1,026)	(450)	(1,221)	(1,913)
Recoveries	33	369	179	612	747
Balance, end of year	$ 5,780	$ 5,358	$ 5,780	$ 5,358	$ 5,451

Note 4 - Loans and the Allowa30

Note 4 - Loans and the Allowance for Loan Losses (Details) - Loan Portfolio Allocated by Management's Internal Risk Ratings - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Grade:
Loans	$ 392,572	$ 370,390
Commercial Portfolio Segment [Member] | Commercial Loans [Member]
Grade:
Loans	36,458	31,465
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Pass [Member]
Grade:
Loans	35,199	30,176
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Watch [Member]
Grade:
Loans	496	789
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Substandard [Member]
Grade:
Loans	763	500
Commercial Portfolio Segment [Member] | Agricultural Loans [Member]
Grade:
Loans	38,542	35,355
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Pass [Member]
Grade:
Loans	37,805	34,609
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Watch [Member]
Grade:
Loans	354	355
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Substandard [Member]
Grade:
Loans	383	391
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Grade:
Loans	174,258	163,306
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Pass [Member]
Grade:
Loans	168,886	156,329
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Watch [Member]
Grade:
Loans	1,278	2,297
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Substandard [Member]
Grade:
Loans	4,094	4,680
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Grade:
Loans	26,594	24,572
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Grade:
Loans	25,020	22,924
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Watch [Member]
Grade:
Loans	665	537
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Grade:
Loans	909	1,111
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Grade:
Loans	27,346	29,284
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Pass [Member]
Grade:
Loans	26,830	28,048
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Watch [Member]
Grade:
Loans	83	233
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Substandard [Member]
Grade:
Loans	433	1,003
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member]
Grade:
Loans	38,634	38,972
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Pass [Member]
Grade:
Loans	38,175	38,373
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Watch [Member]
Grade:
Loans	146	146
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Substandard [Member]
Grade:
Loans	313	453
Commercial and Residential Portfolio Segments [Member]
Grade:
Loans	341,832	322,954
Commercial and Residential Portfolio Segments [Member] | Pass [Member]
Grade:
Loans	331,915	310,459
Commercial and Residential Portfolio Segments [Member] | Watch [Member]
Grade:
Loans	3,022	4,357
Commercial and Residential Portfolio Segments [Member] | Substandard [Member]
Grade:
Loans	6,895	8,138
Consumer Portfolio Segment [Member]
Grade:
Loans	50,740	47,436
Consumer Portfolio Segment [Member] | Automobile Loan [Member]
Grade:
Loans	47,425	44,618
Consumer Portfolio Segment [Member] | Other Loans [Member]
Grade:
Loans	3,315	2,818
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Grade:
Loans	50,661	47,328
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Automobile Loan [Member]
Grade:
Loans	47,351	44,523
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member] | Other Loans [Member]
Grade:
Loans	3,310	2,805
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Grade:
Loans	79	108
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Automobile Loan [Member]
Grade:
Loans	74	95
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Other Loans [Member]
Grade:
Loans	$ 5	$ 13

Note 4 - Loans and the Allowa31

Note 4 - Loans and the Allowance for Loan Losses (Details) - Allocation of the Allowance for Loan Losses - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Allowance for Loan Losses
Balance, beginning of year	$ 5,722	$ 5,715	$ 5,451	$ 5,517	$ 5,517
Charge-offs	(275)	(1,026)	(450)	(1,221)	(1,913)
Recoveries	33	369	179	612	747
Provision	300	300	600	450	1,100
Balance, end of year	5,780	5,358	5,780	5,358	5,451
Allowance for Loan Losses
Loans: individually evaluated for impairment	551		551		8,582
Loans: collectively evaluated for impairment	5,229		5,229		361,808
Loans
Loans	392,572		392,572		370,390
Allowance for loan losses: individually evaluated for impairment	7,036		7,036		564
Allowance for loan losses: collectively evaluated for impairment	385,536		385,536		4,887
Commercial Portfolio Segment [Member] | Commercial Loans [Member]
Allowance for Loan Losses
Balance, beginning of year	582	542	574	785	785
Charge-offs	(14)	(7)	(54)	(93)
Recoveries	9	14	90	27
Provision	51	154	18	(16)
Balance, end of year	628	703	628	703	574
Allowance for Loan Losses
Loans: individually evaluated for impairment	32		32		55
Loans: collectively evaluated for impairment	596		596		31,410
Loans
Loans	36,458		36,458		31,465
Allowance for loan losses: individually evaluated for impairment	92		92
Allowance for loan losses: collectively evaluated for impairment	36,366		36,366		574
Commercial Portfolio Segment [Member] | Agricultural Loans [Member]
Allowance for Loan Losses
Balance, beginning of year	222	177	225	164	164
Charge-offs	(3)		(3)
Provision	23	34	20	47
Balance, end of year	242	211	242	211	225
Allowance for Loan Losses
Loans: individually evaluated for impairment					605
Loans: collectively evaluated for impairment	242		242		34,750
Loans
Loans	38,542		38,542		35,355
Allowance for loan losses: individually evaluated for impairment	594		594
Allowance for loan losses: collectively evaluated for impairment	37,948		37,948		225
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Allowance for Loan Losses
Balance, beginning of year	1,963	1,962	1,701	1,774	1,774
Charge-offs		(679)		(679)
Recoveries				1
Provision	177	403	439	590
Balance, end of year	2,140	1,686	2,140	1,686	1,701
Allowance for Loan Losses
Loans: individually evaluated for impairment	204		204		3,643
Loans: collectively evaluated for impairment	1,936		1,936		159,663
Loans
Loans	174,258		174,258		163,306
Allowance for loan losses: individually evaluated for impairment	3,288		3,288		65
Allowance for loan losses: collectively evaluated for impairment	170,970		170,970		1,636
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Allowance for Loan Losses
Balance, beginning of year	1,228	1,166	1,227	944	944
Charge-offs	(54)		(55)
Recoveries		329		491
Provision	(143)	(355)	(141)	(295)
Balance, end of year	1,031	1,140	1,031	1,140	1,227
Allowance for Loan Losses
Loans: individually evaluated for impairment	220		220		1,252
Loans: collectively evaluated for impairment	811		811		23,320
Loans
Loans	26,594		26,594		24,572
Allowance for loan losses: individually evaluated for impairment	1,048		1,048		274
Allowance for loan losses: collectively evaluated for impairment	25,546		25,546		953
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Allowance for Loan Losses
Balance, beginning of year	419	604	379	638	638
Charge-offs	(48)	(145)	(53)	(145)
Recoveries	2	8	4	27
Provision	26	(44)	69	(97)
Balance, end of year	399	423	399	423	379
Allowance for Loan Losses
Loans: individually evaluated for impairment	56		56		2,518
Loans: collectively evaluated for impairment	343		343		26,766
Loans
Loans	27,346		27,346		29,284
Allowance for loan losses: individually evaluated for impairment	1,657		1,657		51
Allowance for loan losses: collectively evaluated for impairment	25,689		25,689		328
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member]
Allowance for Loan Losses
Balance, beginning of year	587	711	691	613	613
Charge-offs	(51)	(131)	(59)	(142)
Recoveries	1	1	3	13
Provision	(3)	22	(101)	119
Balance, end of year	534	603	534	603	691
Allowance for Loan Losses
Loans: individually evaluated for impairment	34		34		415
Loans: collectively evaluated for impairment	500		500		38,557
Loans
Loans	38,634		38,634		38,972
Allowance for loan losses: individually evaluated for impairment	278		278		174
Allowance for loan losses: collectively evaluated for impairment	38,356		38,356		517
Consumer Portfolio Segment [Member]
Loans
Loans	50,740		50,740		47,436
Consumer Portfolio Segment [Member] | Automobile Loan [Member]
Allowance for Loan Losses
Balance, beginning of year	627	429	581	449	449
Charge-offs	(93)	(34)	(204)	(105)
Recoveries	12	9	55	21
Provision	171	62	285	101
Balance, end of year	717	466	717	466	581
Allowance for Loan Losses
Loans: individually evaluated for impairment					93
Loans: collectively evaluated for impairment	717		717		44,525
Loans
Loans	47,425		47,425		44,618
Allowance for loan losses: individually evaluated for impairment	74		74
Allowance for loan losses: collectively evaluated for impairment	47,351		47,351		581
Consumer Portfolio Segment [Member] | Other Loans [Member]
Allowance for Loan Losses
Balance, beginning of year	94	124	73	150	150
Charge-offs	(12)	(30)	(22)	(57)
Recoveries	9	8	27	32
Provision	(2)	24	11	1
Balance, end of year	89	$ 126	89	$ 126	73
Allowance for Loan Losses
Loans: individually evaluated for impairment	5		5		1
Loans: collectively evaluated for impairment	84		84		2,817
Loans
Loans	3,315		3,315		2,818
Allowance for loan losses: individually evaluated for impairment	5		5
Allowance for loan losses: collectively evaluated for impairment	$ 3,310		$ 3,310		$ 73

Note 4 - Loans and the Allowa32

Note 4 - Loans and the Allowance for Loan Losses (Details) - Aging Analysis of the Loan Portfolio - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	$ 7,670,000	$ 8,231,000
Loans, nonaccrual	5,078,000	6,625,000
Loans, current	384,902,000	362,159,000
Loans	392,572,000	370,390,000
Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	2,592,000	1,606,000
Commercial Portfolio Segment [Member] | Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	256,000	169,000
Loans, nonaccrual	53,000	38,000
Loans, current	36,202,000	31,296,000
Loans	36,458,000	31,465,000
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	203,000	131,000
Commercial Portfolio Segment [Member] | Agricultural Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	339,000	339,000
Loans, nonaccrual	332,000	339,000
Loans, current	38,203,000	35,016,000
Loans	38,542,000	35,355,000
Commercial Portfolio Segment [Member] | Agricultural Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	7,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	3,467,000	3,643,000
Loans, nonaccrual	3,288,000	3,643,000
Loans, current	170,791,000	159,663,000
Loans	174,258,000	163,306,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	179,000
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	928,000	1,456,000
Loans, nonaccrual	909,000	1,111,000
Loans, current	25,666,000	23,116,000
Loans	26,594,000	24,572,000
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	19,000	345,000
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,685,000	1,277,000
Loans, nonaccrual	139,000	985,000
Loans, current	25,661,000	28,007,000
Loans	27,346,000	29,284,000
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,546,000	292,000
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	344,000	609,000
Loans, nonaccrual	278,000	415,000
Loans, current	38,290,000	38,363,000
Loans	38,634,000	38,972,000
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	66,000	194,000
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	50,740,000	47,436,000
Consumer Portfolio Segment [Member] | Automobile Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	616,000	694,000
Loans, nonaccrual	74,000	93,000
Loans, current	46,809,000	43,924,000
Loans	47,425,000	44,618,000
Consumer Portfolio Segment [Member] | Automobile Loan [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	542,000	601,000
Consumer Portfolio Segment [Member] | Other Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	35,000	44,000
Loans, nonaccrual	5,000	1,000
Loans, current	3,280,000	2,774,000
Loans	3,315,000	2,818,000
Consumer Portfolio Segment [Member] | Other Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	$ 30,000	$ 43,000

Note 4 - Loans and the Allowa33

Note 4 - Loans and the Allowance for Loan Losses (Details) - Impaired Loans - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
With no related allowance recorded:
Recorded investment with no related allowance recorded	$ 4,741,000		$ 4,741,000		$ 6,181,000
With an allowance recorded:
Recorded investment with an allowance	2,295,000		2,295,000		2,401,000
Related allowance	551,000		551,000		564,000
Total:
Recorded investment	7,036,000		7,036,000		8,582,000
Unpaid principal balance	7,744,000		7,744,000		9,246,000
Related allowance	551,000		551,000		564,000
Average recorded investment	7,096,000	$ 8,982,000	7,096,000		8,070,000
Interest income recognized			60,000	$ 64,000	152,000
Commercial Portfolio Segment [Member] | Commercial Loans [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	54,000		54,000		55,000
Unpaid principal balance with no related allowance recorded	54,000		54,000		55,000
Average recorded investment with no related allowance recorded			55,000		61,000
Interest income recognized with no related allowance recorded			1,000		1,000
With an allowance recorded:
Recorded investment with an allowance	38,000		38,000
Unpaid principal balance with allowance	38,000		38,000
Related allowance	32,000		32,000
Average recorded investment with an allowance			12,000
Interest income recognized with an allowance			1,000
Total:
Recorded investment	92,000		92,000		55,000
Unpaid principal balance	92,000		92,000		55,000
Related allowance	32,000		32,000
Average recorded investment			67,000		61,000
Interest income recognized			2,000		1,000
Commercial Portfolio Segment [Member] | Agricultural Loans [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	594,000		594,000		605,000
Unpaid principal balance with no related allowance recorded	594,000		594,000		605,000
Average recorded investment with no related allowance recorded			600,000		605,000
Interest income recognized with no related allowance recorded			10,000		51,000
Total:
Recorded investment	594,000		594,000		605,000
Unpaid principal balance	594,000		594,000		605,000
Average recorded investment			600,000		605,000
Interest income recognized			10,000		51,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	2,072,000		2,072,000		3,389,000
Unpaid principal balance with no related allowance recorded	2,718,000		2,718,000		4,036,000
Average recorded investment with no related allowance recorded			2,105,000		2,460,000
With an allowance recorded:
Recorded investment with an allowance	1,216,000		1,216,000		254,000
Unpaid principal balance with allowance	1,216,000		1,216,000		254,000
Related allowance	204,000		204,000		65,000
Average recorded investment with an allowance			1,243,000		589,000
Total:
Recorded investment	3,288,000		3,288,000		3,643,000
Unpaid principal balance	3,934,000		3,934,000		4,290,000
Related allowance	204,000		204,000		65,000
Average recorded investment			3,348,000		3,049,000
Commercial Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	375,000		375,000		495,000
Unpaid principal balance with no related allowance recorded	375,000		375,000		495,000
Average recorded investment with no related allowance recorded			383,000		512,000
Interest income recognized with no related allowance recorded			4,000		9,000
With an allowance recorded:
Recorded investment with an allowance	673,000		673,000		757,000
Unpaid principal balance with allowance	673,000		673,000		757,000
Related allowance	220,000		220,000		274,000
Average recorded investment with an allowance			684,000		778,000
Total:
Recorded investment	1,048,000		1,048,000		1,252,000
Unpaid principal balance	1,048,000		1,048,000		1,252,000
Related allowance	220,000		220,000		274,000
Average recorded investment			1,067,000		1,290,000
Interest income recognized			4,000		9,000
Residential Portfolio Segment [Member] | Real Estate Loan [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	1,410,000		1,410,000		1,422,000
Unpaid principal balance with no related allowance recorded	1,421,000		1,421,000		1,433,000
Average recorded investment with no related allowance recorded			1,415,000		1,443,000
Interest income recognized with no related allowance recorded			39,000		80,000
With an allowance recorded:
Recorded investment with an allowance	247,000		247,000		1,096,000
Unpaid principal balance with allowance	247,000		247,000		1,102,000
Related allowance	56,000		56,000		51,000
Average recorded investment with an allowance			247,000		1,112,000
Interest income recognized with an allowance			5,000		11,000
Total:
Recorded investment	1,657,000		1,657,000		2,518,000
Unpaid principal balance	1,668,000		1,668,000		2,535,000
Related allowance	56,000		56,000		51,000
Average recorded investment			1,662,000		2,555,000
Interest income recognized			44,000		91,000
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	162,000		162,000		121,000
Unpaid principal balance with no related allowance recorded	213,000		213,000		121,000
Average recorded investment with no related allowance recorded			184,000		130,000
With an allowance recorded:
Recorded investment with an allowance	116,000		116,000		294,000
Unpaid principal balance with allowance	116,000		116,000		294,000
Related allowance	34,000		34,000		174,000
Average recorded investment with an allowance			116,000		299,000
Total:
Recorded investment	278,000		278,000		415,000
Unpaid principal balance	329,000		329,000		415,000
Related allowance	34,000		34,000		174,000
Average recorded investment			300,000		429,000
Consumer Portfolio Segment [Member] | Automobile Loan [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded	74,000		74,000		93,000
Unpaid principal balance with no related allowance recorded	74,000		74,000		93,000
Average recorded investment with no related allowance recorded			51,000		81,000
Total:
Recorded investment	74,000		74,000		93,000
Unpaid principal balance	74,000		74,000		93,000
Average recorded investment			51,000		81,000
Consumer Portfolio Segment [Member] | Other Loans [Member]
With no related allowance recorded:
Recorded investment with no related allowance recorded					1,000
Unpaid principal balance with no related allowance recorded					1,000
With an allowance recorded:
Recorded investment with an allowance	5,000		5,000
Unpaid principal balance with allowance	5,000		5,000
Related allowance	5,000		5,000
Average recorded investment with an allowance			1,000
Total:
Recorded investment	5,000		5,000		1,000
Unpaid principal balance	5,000		5,000		$ 1,000
Related allowance	$ 5,000		5,000
Average recorded investment			$ 1,000

Note 5 - Commitments and Cont34

Note 5 - Commitments and Contingencies (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Note 5 - Commitments and Contingencies (Details) [Line Items]
Unused Commitments to Extend Credit	$ 81,901,000	$ 89,735,000
Construction Loan Payable [Member]
Note 5 - Commitments and Contingencies (Details) [Line Items]
Unused Commitments to Extend Credit	9,850,000
Standby Letters of Credit [Member]
Note 5 - Commitments and Contingencies (Details) [Line Items]
Unused Commitments to Extend Credit	$ 210,000	$ 0

Note 6 - Earnings Per Share (De

Note 6 - Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	53,000	267,000	53,000	267,000

Note 6 - Earnings Per Share (36

Note 6 - Earnings Per Share (Details) - Earnings Per Share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Income:
Net income	$ 1,355	$ 1,125	$ 2,570	$ 2,067
Earnings Per Share:
Basic earnings per share	$ 0.28	$ 0.23	$ 0.53	$ 0.43
Diluted earnings per share	$ 0.27	$ 0.23	$ 0.51	$ 0.42
Weighted Average Number of Shares Outstanding:
Basic shares	4,813	4,792	4,806	4,790
Diluted shares	5,069	4,958	5,058	4,944

Note 7 - Stock-Based Compensa37

Note 7 - Stock-Based Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 7 - Stock-Based Compensation (Details) [Line Items]
Proceeds from Stock Options Exercised			$ 40,000	$ 22,000
Allocated Share-based Compensation Expense	$ 12,000	$ 24,000	41,000	33,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 2,000	$ 2,000	$ 4,000	2,000
Stock Option Plan 2001 [Member]
Note 7 - Stock-Based Compensation (Details) [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance (in Shares)	206,593		206,593
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	0		0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 0		$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value			49,000	49,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			163,000	30,000
Proceeds from Stock Options Exercised			44,000	22,000
Employee Service Share-based Compensation, Tax Benefit Realized from Exercise of Stock Options			$ 0	$ 8,000
Stock Option Plan 2013 [Member]
Note 7 - Stock-Based Compensation (Details) [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance (in Shares)	500,000		500,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	389,600		389,600
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 165,000		$ 165,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)			0	110,400
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share)				$ 6.32
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 292 days
Employee Stock Option [Member] | Stock Option Plan 2013 [Member]
Note 7 - Stock-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years

Note 7 - Stock-Based Compensa38

Note 7 - Stock-Based Compensation (Details) - Stock Option Activity - Jun. 30, 2015 - USD ($)	Total
Stock Option Plan 2001 [Member]
Note 7 - Stock-Based Compensation (Details) - Stock Option Activity [Line Items]
Options outstanding	306,393
Options outstanding, weighted average exercise price	$ 7.95
Options cancelled	(74,100)
Options cancelled	$ 16.29
Options exercised	(25,700)
Options exercised	$ 2.95
Options outstanding	206,593
Options outstanding, weighted average exercise price	$ 5.58
Options outstanding, weighted average remaining contractual term	2 years 328 days
Options outstanding, intrinsic value	$ 975,000
Options exercisable	206,593
Options exercisable, weighted average exercise price	$ 5.58
Options exercisable, weighted average remaining contractual term	2 years 328 days
Options exercisable, intrinsic value	$ 975,000
Stock Option Plan 2013 [Member]
Note 7 - Stock-Based Compensation (Details) - Stock Option Activity [Line Items]
Options outstanding	110,400
Options outstanding, weighted average exercise price	$ 6.32
Options outstanding	110,400
Options outstanding, weighted average exercise price	$ 6.32
Options outstanding, weighted average remaining contractual term	6 years 292 days
Options outstanding, intrinsic value	$ 331,000
Options exercisable	27,600
Options exercisable, weighted average exercise price	$ 6.32
Options exercisable, weighted average remaining contractual term	6 years 292 days
Options exercisable, intrinsic value	$ 83,000
Expected to vest after June 30, 2015	71,746
Expected to vest after June 30, 2015	$ 6.32
Expected to vest after June 30, 2015	6 years 292 days
Expected to vest after June 30, 2015	$ 215,000

Note 7 - Stock-Based Compensa39

Note 7 - Stock-Based Compensation (Details) - Weighted Average Fair Value Assumptions - 6 months ended Jun. 30, 2014 - $ / shares	Total
Note 7 - Stock-Based Compensation (Details) - Weighted Average Fair Value Assumptions [Line Items]
Weighted-average fair value of options granted during the period (in Dollars per share)	$ 3.02
Employee Stock Option [Member]
Note 7 - Stock-Based Compensation (Details) - Weighted Average Fair Value Assumptions [Line Items]
Expected life of stock options (in years)	5 years 73 days
Interest rate—stock options	1.64%
Volatility—stock options	63.80%
Dividend yields	2.00%

Note 8 - Income Taxes (Details)

Note 8 - Income Taxes (Details) - Jun. 30, 2015 - USD ($)	Total
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 0
Unrecognized Tax Benefits, Period Increase (Decrease)	$ 0

Note 9 - Fair Value Measureme41

Note 9 - Fair Value Measurement (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Note 9 - Fair Value Measurement (Details) [Line Items]
Gain (Loss) on Sale of Assets and Asset Impairment Charges	$ (84,000)		$ (498,000)
Impaired Loans [Member]
Note 9 - Fair Value Measurement (Details) [Line Items]
Gain (Loss) on Sale of Assets and Asset Impairment Charges	$ (41,000)	$ (363,000)	$ (363,000)

Note 9 - Fair Value Measureme42

Note 9 - Fair Value Measurement (Details) - Carrying Amounts and Estimated Fair Values of Financial Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Financial assets:
Cash and cash equivalents	$ 41,333	$ 45,574	$ 39,992	$ 49,917
Cash and cash equivalents, fair value	41,333	45,574
Investment securities available for sale	90,024	90,320
Investment securities available for sale, fair value	90,024	90,320
Loans, net	388,786	366,787
Loans, net fair value	389,372	368,442
FHLB stock	$ 2,380	$ 2,380
FHLB stock, fair value
Accrued interest receivable	$ 1,619	$ 1,727
Accrued interest receivable, fair value	1,619	1,727
Financial liabilities:
Deposits	493,368	467,891
Deposits, fair value	493,380	467,913
Repurchase agreements	3,915	9,626
Repurchase agreements, fair value	3,915	9,626
Note payable	5,000	1,000
Note payable, fair value	5,000	1,000
Subordinated debenture		7,454
Subordinated debenture		7,313
Junior subordinated deferrable interest debentures	10,310	10,310
Junior subordinated deferrable interest debentures, fair value	6,794	6,636
Accrued interest payable	107	72
Accrued interest payable, fair value	107	72
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents, fair value	41,333	45,574
Accrued interest receivable, fair value	22
Financial liabilities:
Deposits, fair value	440,465	411,549
Accrued interest payable, fair value	7	7
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Investment securities available for sale	90,024	90,320
Investment securities available for sale, fair value	90,024	90,320
Accrued interest receivable, fair value	289	281
Financial liabilities:
Deposits, fair value	52,915	56,364
Repurchase agreements, fair value	3,915	9,626
Accrued interest payable, fair value	49	47
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Loans, net fair value	389,372	368,442
Accrued interest receivable, fair value	1,308	1,446
Financial liabilities:
Note payable, fair value	5,000	1,000
Subordinated debenture		7,313
Junior subordinated deferrable interest debentures, fair value	6,794	6,636
Accrued interest payable, fair value	$ 51	$ 18

Note 9 - Fair Value Measureme43

Note 9 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets:
Investment securities	$ 90,024	$ 90,320
US Government Agencies Debt Securities [Member]
Assets:
Investment securities	6,115	7,002
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Assets:
Investment securities	67,977	70,280
US States and Political Subdivisions Debt Securities [Member]
Assets:
Investment securities	15,932	12,532
Corporate Debt Securities [Member]
Assets:
Investment securities		506
Fair Value, Inputs, Level 2 [Member]
Assets:
Investment securities	90,024	90,320
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Assets:
Investment securities	6,115	7,002
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Assets:
Investment securities	67,977	70,280
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Assets:
Investment securities	$ 15,932	12,532
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Assets:
Investment securities		$ 506

Note 9 - Fair Value Measureme44

Note 9 - Fair Value Measurement (Details) - Assets and Liabilities Measured at Fair Value On a Non-recurring Basis - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Assets:
Assets Fair Value Disclosure Nonrecurring	$ 4,384,000		$ 6,014,000
Asset Impairment Charges	(84,000)		(498,000)
Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,414,000		2,424,000
Asset Impairment Charges	(41,000)	$ (363,000)	(363,000)
Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	2,970,000		3,590,000
Asset Impairment Charges	(43,000)		(135,000)
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	7,000
Asset Impairment Charges	(27,000)
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Other Real Estate [Member]
Assets:
Asset Impairment Charges	(39,000)
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,267,000		1,479,000
Asset Impairment Charges			(50,000)
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	800,000		1,052,000
Asset Impairment Charges	(106,000)
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	47,000		27,000
Asset Impairment Charges	(16,000)		(169,000)
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,920,000		1,984,000
Asset Impairment Charges	116,000		(126,000)
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring			838,000
Asset Impairment Charges			(63,000)
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	117,000		146,000
Asset Impairment Charges			11,000
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	93,000		80,000
Asset Impairment Charges	2,000		(81,000)
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	133,000		408,000
Asset Impairment Charges	(14,000)		(20,000)
Fair Value, Inputs, Level 3 [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	4,384,000		6,014,000
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,414,000		2,424,000
Fair Value, Inputs, Level 3 [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	2,970,000		3,590,000
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	7,000
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,267,000		1,479,000
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	800,000		1,052,000
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	47,000		27,000
Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	1,920,000		1,984,000
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring			838,000
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	117,000		146,000
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	93,000		80,000
Fair Value, Inputs, Level 3 [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Other Real Estate [Member]
Assets:
Assets Fair Value Disclosure Nonrecurring	$ 133,000		$ 408,000

Note 9 - Fair Value Measureme45

Note 9 - Fair Value Measurement (Details) - Quantitative Information About Level 3 Fair Value Measurements for Financial Instruments Measured at Fair Value On a Non-recurring Basis - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 4,384	$ 6,014
Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	1,414	2,424
Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	2,970	$ 3,590
Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 7
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range
Impaired loans, other real estate- weighted average
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 1,267	$ 1,479
Impaired loans, other real estate- valuation technique	Sales Comparison
Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 800	$ 1,052
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 47	$ 27
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range	8.00%	8.00%
Impaired loans, other real estate- weighted average	(8.00%)	(8.00%)
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 1,920	$ 1,984
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)		$ 838
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range		8.00%
Impaired loans, other real estate- weighted average		(8.00%)
Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 117	$ 146
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 93	$ 80
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range		8.00%
Impaired loans, other real estate- weighted average		(8.00%)
Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate (in Dollars)	$ 133	$ 408
Impaired loans, other real estate- valuation technique	Sales Comparison
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Minimum [Member] | Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	0.00%
Impaired loans, other real estate- weighted average	(0.00%)
Minimum [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	9.00%	9.00%
Impaired loans, other real estate- weighted average	(9.00%)	(9.00%)
Minimum [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	8.00%
Impaired loans, other real estate- weighted average	(8.00%)
Maximum [Member] | Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	28.00%
Impaired loans, other real estate- weighted average	(28.00%)
Maximum [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	12.00%	12.00%
Impaired loans, other real estate- weighted average	(12.00%)	(12.00%)
Maximum [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%
Impaired loans, other real estate- weighted average	(10.00%)
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Commercial Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	12.00%
Impaired loans, other real estate- weighted average	(12.00%)
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	8.00%	8.00%
Impaired loans, other real estate- weighted average	(8.00%)	(8.00%)
Weighted Average [Member] | Commercial Portfolio Segment [Member] | Construction Loans [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Weighted Average [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range		8.00%
Impaired loans, other real estate- weighted average		(8.00%)
Weighted Average [Member] | Residential Portfolio Segment [Member] | Real Estate Loan [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)
Weighted Average [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Impaired Loans [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	8.00%	8.00%
Impaired loans, other real estate- weighted average	(8.00%)	(8.00%)
Weighted Average [Member] | Residential Portfolio Segment [Member] | Equity Lines of Credit [Member] | Other Real Estate [Member]
Impaired Loans:
Impaired loans, other real estate- unobservable input range	10.00%	10.00%
Impaired loans, other real estate- weighted average	(10.00%)	(10.00%)