Two River Bancorp (TRCB) 10-Q 12 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 08, 2016
Document Information [Line Items]
Entity Registrant Name	Two River Bancorp
Entity Central Index Key	1,343,034
Trading Symbol	trcb
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		0
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 25,112,000	$ 21,566,000
Interest-bearing deposits in bank	6,216,000	25,161,000
Cash and cash equivalents	31,328,000	46,727,000
Securities available for sale	33,089,000	33,530,000
Securities held to maturity (fair value of $48,924 and $43,668 at June 30, 2016 and December 31, 2015, respectively)	47,245,000	43,167,000
Restricted investments, at cost	3,912,000	3,596,000
Loans held for sale	2,849,000	3,050,000
Loans	726,414,000	693,150,000
Allowance for loan losses	(9,418,000)	(8,713,000)
Net loans	716,996,000	684,437,000
Other real estate owned (“OREO”)	259,000	411,000
Bank-owned life insurance	17,513,000	17,294,000
Premises and equipment, net	4,881,000	5,083,000
Accrued interest receivable	2,036,000	1,912,000
Goodwill	18,109,000	18,109,000
Other intangible assets, net of accumulated amortization of $2,106 and $2,097 at June 30, 2016 and December 31, 2015, respectively	0	9,000
Other assets	6,483,000	6,371,000
Total Assets	884,700,000	863,696,000
Deposits:
Non-interest bearing	149,933,000	144,627,000
Interest bearing	576,331,000	563,809,000
Total Deposits	726,264,000	708,436,000
Securities sold under agreements to repurchase	21,683,000	19,545,000
Accrued interest payable	84,000	118,000
Long-term debt	23,800,000	26,500,000
Subordinated debt	9,839,000	9,824,000
Other liabilities	6,737,000	6,271,000
Total Liabilities	788,407,000	770,694,000
Shareholders’ Equity
Preferred stock, no par value; 6,500,000 shares authorized, no shares issued and outstanding	0	0
Common stock, no par value; 25,000,000 shares authorized; Issued – 8,252,079 and 8,213,196 at June 30, 2016 and December 31, 2015, respectively Outstanding – 7,967,347 and 7,929,196 at June 30, 2016 and December 31, 2015, respectively	73,070,000	72,890,000
Retained earnings	25,623,000	22,759,000
Treasury stock, at cost; 284,732 shares and 284,000 shares at June 30, 2016 and December 31, 2015, respectively	(2,254,000)	(2,248,000)
Accumulated other comprehensive loss	(146,000)	(399,000)
Total Shareholders' Equity	96,293,000	93,002,000
Total Liabilities And Shareholders’ Equity	$ 884,700,000	$ 863,696,000

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Series C Preferred Stock [Member]
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Securities held-to-maturity, fair value	$ 48,924	$ 43,668
Other intangible assets, accumulated amortization	$ 2,106	$ 2,097
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	6,500,000	6,500,000
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	8,252,079	8,213,196
Common stock, shares outstanding (in shares)	7,967,347	7,929,196
Treasury stock, shares (in shares)	284,732	284,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest Income
Loans, including fees	$ 8,085,000	$ 7,540,000	$ 15,998,000	$ 14,886,000
Securities:
Taxable	192,000	212,000	384,000	429,000
Tax-exempt	230,000	126,000	430,000	224,000
Interest-bearing deposits	32,000	25,000	65,000	40,000
Total Interest Income	8,539,000	7,903,000	16,877,000	15,579,000
Interest Expense
Deposits	945,000	791,000	1,828,000	1,526,000
Securities sold under agreements to repurchase	15,000	16,000	29,000	32,000
Long-term debt	147,000	160,000	295,000	313,000
Subordinated debt	163,000	0	328,000	0
Total Interest Expense	1,270,000	967,000	2,480,000	1,871,000
Net Interest Income	7,269,000	6,936,000	14,397,000	13,708,000
Provision For Loan Losses	390,000	190,000	390,000	280,000
Net Interest Income after Provision for Loan Losses	6,879,000	6,746,000	14,007,000	13,428,000
Non-Interest Income
Service fees on deposit accounts	137,000	143,000	273,000	291,000
Mortgage banking	281,000	143,000	515,000	286,000
Other loan fees	62,000	39,000	123,000	80,000
Earnings from investment in bank-owned life insurance	110,000	112,000	219,000	223,000
Gain on sale of SBA loans	365,000	101,000	459,000	277,000
Net gain on sale of securities	0	13,000	72,000	28,000
Gain on sale of premises and equipment	0	208,000	0	208,000
Other income	211,000	182,000	398,000	324,000
Total Non-Interest Income	1,166,000	941,000	2,059,000	1,717,000
Non-Interest Expenses
Salaries and employee benefits	3,195,000	3,102,000	6,300,000	6,120,000
Occupancy and equipment	1,033,000	999,000	2,028,000	1,976,000
Professional	280,000	232,000	615,000	446,000
Insurance	57,000	81,000	104,000	175,000
FDIC insurance and assessments	105,000	114,000	210,000	205,000
Advertising	120,000	145,000	230,000	245,000
Data processing	135,000	124,000	270,000	242,000
Outside services fees	115,000	122,000	238,000	245,000
Amortization of identifiable intangibles	0	9,000	9,000	28,000
OREO expenses, impairments and sales, net	(45,000)	(22,000)	(26,000)	(24,000)
Loan workout expenses	18,000	127,000	98,000	213,000
Other operating	366,000	344,000	700,000	667,000
Total Non-Interest Expenses	5,379,000	5,377,000	10,776,000	10,538,000
Income before Income Taxes	2,666,000	2,310,000	5,290,000	4,607,000
Income tax expense	939,000	849,000	1,870,000	1,703,000
Net Income	1,727,000	1,461,000	3,420,000	2,904,000
Preferred stock dividend	0	(15,000)	0	(30,000)
Net income available to common shareholders	$ 1,727,000	$ 1,446,000	$ 3,420,000	$ 2,874,000
Earnings Per Common Share:
Basic (in dollars per share)	$ 0.22	$ 0.18	$ 0.43	$ 0.36
Diluted (in dollars per share)	$ 0.21	$ 0.18	$ 0.42	$ 0.35
Weighted average common shares outstanding
Basic (in shares)	7,926,577	7,929,566	7,922,606	7,936,935
Diluted (in shares)	8,110,092	8,141,653	8,100,524	8,142,817

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 1,727,000	$ 1,461,000	$ 3,420,000	$ 2,904,000
Other comprehensive income (loss):
Reclassification adjustment for gains on sales of securities recognized in income, net of income tax expense 2015: $5	0	(8,000)	0	(17,000)
Unrealized holdings (loss) gain on securities available for sale, net of income tax expense (benefit) 2016: $106; 2015: $(145)	158,000	(221,000)	253,000	(16,000)
Other comprehensive income (loss)	158,000	(229,000)	253,000	(33,000)
Total comprehensive income	1,885,000	1,232,000	3,673,000	2,871,000
Net income	$ 1,727,000	$ 1,461,000	$ 3,420,000	$ 2,904,000

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reclassification adjustment for gains on sales of securities recognized in income, tax		$ 5		$ 11
Unrealized holdings (loss) gain on securities available for sale, tax	$ 106	$ (145)	$ 165	$ 13

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)	Series C Preferred Stock [Member]Retained Earnings [Member]	Series C Preferred Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2014				7,939,684
Balance at Dec. 31, 2014			$ 6,000,000	$ 72,527,000	$ 17,501,000	$ (1,751,000)	$ (345,000)	$ 93,932,000
Net income					2,904,000			2,904,000
Other comprehensive income							(33,000)	(33,000)
Stock-based compensation expense				$ 108,000				108,000
Cash dividends on common stock ($0.07 per share)					(476,000)			(476,000)
Options exercised (in shares)				15,789
Options exercised				$ 64,000				64,000
Restricted stock and other awards (in shares)				5,000
Common stock repurchased (in shares)				(28,588)
Common stock repurchased						(244,000)		(244,000)
Employee stock purchase program (in shares)				3,131
Employee stock purchase program				$ 27,000				27,000
Balance (in shares) at Jun. 30, 2015				7,935,016
Balance at Jun. 30, 2015			$ 6,000,000	$ 72,729,000	19,899,000	(1,995,000)	(378,000)	96,255,000
Net income					2,904,000			2,904,000
Other comprehensive loss							(33,000)	(33,000)
Dividends on preferred stock, Series C	$ (30,000)	$ (30,000)
Stock-based compensation expense				108,000				108,000
Cash dividends on common stock ($0.06 per share)					(476,000)			(476,000)
Options exercised				64,000				64,000
Tax benefit of exercised stock options				$ 3,000				3,000
Common stock repurchased						(244,000)		(244,000)
Restricted stock awards (in shares)				5,000
Employee stock purchase program				$ 27,000				27,000
Balance (in shares) at Dec. 31, 2015				7,929,196
Balance at Dec. 31, 2015				$ 72,890,000	22,759,000	(2,248,000)	(399,000)	93,002,000
Net income					3,420,000			3,420,000
Other comprehensive income							253,000	253,000
Stock-based compensation expense				$ 80,000				80,000
Cash dividends on common stock ($0.07 per share)					(556,000)			(556,000)
Options exercised (in shares)				19,057
Options exercised				$ 73,000				$ 73,000
Restricted stock and other awards (in shares)				17,000
Common stock repurchased (in shares)				(732)				(732)
Common stock repurchased						(6,000)		$ (6,000)
Employee stock purchase program (in shares)				2,826
Employee stock purchase program				$ 27,000				27,000
Balance (in shares) at Jun. 30, 2016				7,967,347
Balance at Jun. 30, 2016				$ 73,070,000	25,623,000	(2,254,000)	(146,000)	96,293,000
Net income					3,420,000			3,420,000
Other comprehensive loss							$ 253,000	253,000
Stock-based compensation expense				80,000				80,000
Cash dividends on common stock ($0.06 per share)					$ (556,000)			(556,000)
Options exercised				$ 73,000				73,000
Common stock repurchased						$ (6,000)		(6,000)
Restricted stock awards (in shares)				17,000
Employee stock purchase program				$ 27,000				$ 27,000

Consolidated Statements of Sha8

Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - Retained Earnings [Member] - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash dividend, per share (in dollars per share)	$ 0.07	$ 0.06
Cash dividends, per share (in dollars per share)	$ 0.07	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows From Operating Activities
Net income	$ 3,420,000	$ 2,904,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	391,000	384,000
Provision For Loan Losses	390,000	280,000
Amortization of identifiable intangibles	9,000	28,000
Amortization of subordinated debt issuance costs	15,000	0
Net amortization of securities premiums and discounts	335,000	204,000
Earnings from investment in bank-owned life insurance	(219,000)	(223,000)
Proceeds on sale of loans held for sale	26,800,000	15,880,000
Origination of loans held for sale	(26,137,000)	(15,867,000)
Gain on sale of loans held for sale	(462,000)	(270,000)
Net realized loss (gain) on sale of OREO	45,000	(3,000)
Stock-based compensation expense	80,000	108,000
Net realized gain on sale of securities available for sale	0	(28,000)
Net realized gain on sale of securities held to maturity	(72,000)	0
Proceeds from sale of SBA loans	4,754,000	3,145,000
Gain from sale of SBA loans	(459,000)	(277,000)
Gain on sale of premises and equipment	0	(208,000)
Decrease (increase) in assets:
Accrued interest receivable	(124,000)	(42,000)
Other assets	(277,000)	513,000
Accrued interest payable	(34,000)	40,000
Other liabilities	466,000	174,000
Net Cash Provided by Operating Activities	8,921,000	6,742,000
Cash Flows From Investing Activities
Purchase of securities available for sale	(2,257,000)	(19,707,000)
Purchase of securities held to maturity	(9,130,000)	(13,255,000)
Proceeds from repayments, calls and maturities of securities available for sale	2,953,000	3,713,000
Proceeds from repayments, calls and maturities of securities held to maturity	3,876,000	2,075,000
Proceeds from sales of securities available for sale	0	23,305,000
Proceeds from sales of securities held to maturity	1,076,000	0
Net increase in loans	(37,244,000)	(49,358,000)
Purchases of premises and equipment	(189,000)	(755,000)
Proceeds from sale of premises and equipment	0	925,000
Purchase of restricted investments, net	(316,000)	(593,000)
Proceeds from sale of OREO	107,000	195,000
Net Cash Used In Investing Activities	(41,124,000)	(53,455,000)
Cash flows From Financing Activities
Net increase in deposits	17,828,000	44,005,000
Net increase in securities sold under agreements to repurchase	2,138,000	4,626,000
Proceeds from long-term debt	0	12,000,000
Repayment of long-term debt	(2,700,000)	0
Cash dividends paid - preferred stock	0	(30,000)
Cash dividends paid - common stock	(556,000)	(476,000)
Proceeds from employee stock purchase plan	27,000	27,000
Proceeds from exercise of stock options	73,000	64,000
Common stock repurchased	(6,000)	(244,000)
Tax benefit of stock options exercised	0	3,000
Net Cash Provided by Financing Activities	16,804,000	59,975,000
Net (Decrease) Increase in Cash and Cash Equivalents	(15,399,000)	13,262,000
Cash And Cash Equivalents - Beginning	46,727,000	36,110,000
Cash And Cash Equivalents - Ending	31,328,000	49,372,000
Supplementary cash flow information:
Interest paid	2,514,000	1,831,000
Income taxes paid	$ 2,300,000	$ 1,197,000

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 1 – BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of Two River Bancorp (the “Company”), a bank holding company; and its wholly-owned subsidiary, Two River Community Bank (“Two River” or the “Bank”); Two River’s wholly-owned subsidiaries, TRCB Investment Corporation, TRCB Holdings Two LLC, TRCB Holdings Three LLC, TRCB Holdings Seven LLC and TRCB Holdings Eight LLC. All inter-company balances and transactions have been eliminated in the consolidated financial statements. The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), including the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for full year financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and are of a normal, recurring nature. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016. These consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto for the year ended December 31, 2015 included in the Company’s Annual Report on Form 10-K filed with the SEC on March 25, 2016 (the “2015 Form 10-K”). For a description of the Company’s significant accounting policies, refer to Note 1 of the Notes to Consolidated Financial Statements in the 2015 Form 10-K. The Company has evaluated events and transactions occurring subsequent to the balance sheet date of June 30, 2016 for items that should potentially be recognized or disclosed in these consolidated financial statements.

Note 2 - New Accounting Standar

Note 2 - New Accounting Standards	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 2 – NEW ACCOUNTING STANDARDS ASU 2014-09: In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers ASU 2016-01: In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-02: In February 2016, the FASB issued ASU 2016-02, Leases. the underlying asset, to the lessee. If risks and rewards are conveyed without the transfer of control, the lease is treated as a financing. If the lessor doesn’t convey risks and rewards or control, an operating lease results. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for lessees for capital and operating leases existing at or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. A modified retrospective transition approach is required for lessors for sales-type, direct financing, and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements. ASU 2016-09 : In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. The amendments are effective for public business entities for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements. ASU 2016-13: In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326)

Note 3 - Goodwill

Note 3 - Goodwill	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Goodwill Disclosure [Text Block]	NOTE 3 – GOODWILL The Company’s goodwill was recognized in connection with the acquisition of The Town Bank (“Town Bank”) in April 2006. GAAP requires that goodwill be tested for impairment annually or more frequently if impairment indicators arise utilizing a two-step methodology. Step one requires the Company to determine the fair value of the reporting unit and compare it to the carrying value, including goodwill, of such reporting unit. The reporting unit was determined to be our community banking operations, which is our only operating segment. If the fair value of the reporting unit exceeds the carrying value, goodwill is not impaired. If the carrying value exceeds fair value, there is an indication of impairment and the second step is performed to determine the amount of impairment, if any. The second step compares the fair value of the reporting unit to the aggregate fair values of its individual assets, liabilities and identified intangibles. The Company performed its annual step one goodwill impairment analysis as of September 30, 2015. Based on the results of the step one goodwill impairment analysis, the Company determined that there was no impairment on the current goodwill balance of $18,109,000.

Note 4 - Earnings Per Common Sh

Note 4 - Earnings Per Common Share	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 4 – EARNINGS PER COMMON SHARE Basic earnings per common share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding excluding restricted stock awards outstanding during the period. Diluted earnings per common share reflects additional shares of common stock that would have been outstanding if dilutive potential shares of common stock had been issued relating to outstanding stock options and restricted stock awards. Potential shares of common stock issuable upon the exercise of stock options are determined using the treasury stock method. The following table sets forth the computations of basic and diluted earnings per common share: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 2016 2015 2016 2015 (dollars in thousands, except per share data) Net income $ 1,727 $ 1,461 $ 3,420 $ 2,904 Preferred stock dividend - (15 ) - (30 ) Net income applicable to common shareholders $ 1,727 $ 1,446 $ 3,420 $ 2,874 Weighted average common shares outstanding 7,926,577 7,929,566 7,922,606 7,936,935 Effect of dilutive stock options 183,515 212,087 177,918 205,882 Weighted average common shares outstanding used to calculate diluted earnings per share 8,110,092 8,141,653 8,100,524 8,142,817 Basic earnings per common share $ 0.22 $ 0.18 $ 0.43 $ 0.36 Diluted earnings per common share $ 0.21 $ 0.18 $ 0.42 $ 0.35 Dilutive securities in the table above exclude common stock options with exercise prices that exceed the average market price of the Company’s common stock during the periods presented. Inclusion of these common stock options would be anti-dilutive to the diluted earnings per common share calculation. There were no stock options that were anti-dilutive for the three and six months ended June 30, 2016, while for the three and six month periods ended June 30, 2015, there were 9,100 stock options that had no intrinsic value because their effect was anti-dilutive and therefore, were not included in the diluted earnings per common share calculations.

Note 5 - Securities

Note 5 - Securities	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 5 – SECURITIES The amortized cost, gross unrealized gains and losses, and fair values of the Company’s securities are summarized as follows: (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2016 : Securities available for sale: U.S. Government agency securities $ 3,466 $ 9 $ (8 ) $ 3,467 Municipal securities 505 13 - 518 U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities 13,124 16 (101 ) 13,039 U.S. Government collateralized residential mortgage obligations 11,315 47 (55 ) 11,307 Corporate debt securities, primarily financial institutions 2,492 14 (205 ) 2,301 30,902 99 (369 ) 30,632 Community Reinvestment Act (“CRA”) mutual fund 2,423 34 - 2,457 $ 33,325 $ 133 $ (369 ) $ 33,089 Securities held to maturity: Municipal securities $ 38,755 $ 1,884 $ - $ 40,639 GSE – residential mortgage-backed securities 3,497 37 (6 ) 3,528 U.S. Government collateralized residential mortgage obligations 3,172 30 (5 ) 3,197 Corporate debt securities, primarily financial institutions 1,821 - (261 ) 1,560 $ 47,245 $ 1,951 $ (272 ) $ 48,924 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2015 : Securities available for sale: U.S. Government agency securities $ 1,241 $ - $ (3 ) $ 1,238 Municipal securities 508 9 - 517 GSE – residential mortgage-backed securities 14,646 5 (202 ) 14,449 U.S. Government collateralized residential mortgage obligations 12,900 13 (286 ) 12,627 Corporate debt securities, primarily financial institutions 2,492 - (175 ) 2,317 31,787 27 (666 ) 31,148 CRA mutual fund 2,397 - (15 ) 2,382 $ 34,184 $ 27 $ (681 ) $ 33,530 Securities held to maturity: Municipal securities $ 33,956 $ 824 $ (9 ) $ 34,771 GSE – residential mortgage-backed securities 3,789 9 (44 ) 3,754 U.S. Government collateralized residential mortgage obligations 3,602 - (46 ) 3,556 Corporate debt securities, primarily financial institutions 1,820 - (233 ) 1,587 $ 43,167 $ 833 $ (332 ) $ 43,668 The amortized cost and fair value of the Company’s debt securities at June 30, 2016, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (in thousands) Due in one year or less $ - $ - $ 8,058 $ 8,067 Due in one year through five years 3,081 3,107 4,405 4,567 Due in five years through ten years 175 175 3,819 4,085 Due after ten years 3,207 3,004 24,294 25,480 6,463 6,286 40,576 42,199 GSE – residential mortgage-backed securities 13,124 13,039 3,497 3,528 U.S. Government collateralized residential mortgage obligations 11,315 11,307 3,172 3,197 $ 30,902 $ 30,632 $ 47,245 $ 48,924 The Company had no security sales during the three months ended June 30, 2016, compared to sixteen securities sales in which the Company recorded gross realized gains and losses of $46,000 and $33,000, respectively, during the three months ended June 30, 2015. For the six months ended June 30, 2016, the Company had one security sale totaling $1.0 million in which the Company recorded a gross realized gain of $72,000, as compared to gross realized gains and losses of $61,000 and $33,000, respectively, during the six months ended June 30, 2015. The sale during the first quarter of 2016 was a municipal bond which was carried in our held to maturity portfolio. The Company sold this bond out of its held to maturity portfolio due to significant deterioration in the issuer’s creditworthiness. Investment securities with a carrying value of $29,204,000 and $32,596,000 at June 30, 2016 and December 31, 2015, respectively, were pledged as collateral to secure securities sold under agreements to repurchase and for public deposits as required or permitted by law. The tables below indicate the length of time individual securities have been in a continuous unrealized loss position at June 30, 2016 and December 31, 2015: Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2016 : (in thousands) U.S. Government agency securities $ 1,095 $ (8 ) $ - $ - $ 1,095 $ (8 ) GSE – residential mortgage-backed securities 372 (1 ) 8,149 (106 ) 8,521 (107 ) U.S. Government collateralized residential mortgage obligations - - 5,714 (60 ) 5,714 (60 ) Corporate debt securities, primarily financial institutions - - 2,850 (466 ) 2,850 (466 ) Total Temporarily $ 1,467 $ (9 ) $ 16,713 $ (632 ) $ 18,180 $ (641 ) Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2015: (in thousands) U.S. Government agency securities $ 1,238 $ (3 ) $ - $ - $ 1,238 $ (3 ) Municipal securities 5,858 (5 ) 498 (4 ) 6,356 (9 ) GSE – residential mortgage-backed securities 11,946 (151 ) 5,006 (95 ) 16,952 (246 ) U.S. Government collateralized residential mortgage obligations 8,284 (72 ) 6,861 (260 ) 15,145 (332 ) Corporate debt securities, primarily financial institutions 496 (1 ) 2,907 (407 ) 3,403 (408 ) CRA mutual fund 2,382 (15 ) - - 2,382 (15 ) Total Temporarily $ 30,204 $ (247 ) $ 15,272 $ (766 ) $ 45,476 $ (1,013 ) The Company had 24 securities in an unrealized loss position at June 30, 2016. In management’s opinion, the unrealized losses in corporate debt, U.S. Government agencies, U.S. Government collateralized residential mortgage obligations and GSE residential mortgage-backed securities reflect changes in interest rates subsequent to the acquisition of specific securities. The unrealized loss for corporate debt securities also reflects a widening of spreads due to the liquidity and credit concerns in the financial markets. The Company may, if conditions warrant, elect to sell debt securities at a loss and redeploy the proceeds into other investments in an effort to improve returns, risk profile and overall portfolio diversification. The Company will recognize any losses when the decision is made. At June 30, 2016, the Company does not intend to sell these debt securities prior to recovery. Included in corporate debt securities are four individual trust preferred securities issued by large financial institutions with Moody’s ratings from Baa1 to Ba1. At June 30, 2016, all of these securities are current with their scheduled interest payments. These single issue securities are all from large money center banks. Management concluded that these securities were not other-than-temporarily impaired as of June 30, 2016. These four securities have an amortized cost value of $2.8 million and a fair value of $2.4 million at June 30, 2016. There were no other-than-temporary impairments recognized during the three and six months ended June 30, 2016 and 2015.

Note 6 - Loans Receivable and A

Note 6 - Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 6 – LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES Loans receivable, which management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees or costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Company is generally amortizing these amounts over the contractual life of the loan. Generally, loans held for sale are designated at time of origination, generally consist of newly originated fixed rate residential loans and are recorded at the lower of aggregate cost or estimated fair value in the aggregate. The Company did not transfer any loans from held for investment to held for sale during the three and six months ended June 30, 2016 and 2015. Transfers from held for investment are infrequent and occur at fair value less costs to sell, with any charge-off to allowance for loan losses. Gains are recognized on a settlement-date basis and are determined by the difference between the net sales proceeds and the carrying value of the loans, including any net deferred fees or costs. The loans receivable portfolio is segmented into commercial and consumer loans. Commercial loans consist of the following classes: commercial and industrial, real estate-construction and real estate-commercial. Consumer loans consist of the following classes: real estate-residential and consumer. For all classes of loans receivable, the accrual of interest is discontinued when the contractual payment of principal or interest has become 90 days past due or management has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest previously accrued on these loans is reversed from income. Interest received on nonaccrual loans including impaired loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time (generally six months) and the ultimate collectability of the total contractual principal and interest is no longer in doubt. The past due status of all classes of loans receivable is determined based on contractual due dates for loan payments. The allowance for credit losses consists of the allowance for loan losses and the reserve for unfunded lending commitments. The allowance for loan losses represents management’s estimate of losses inherent in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The reserve for unfunded lending commitments represents management’s estimate of losses inherent in its unfunded loan commitments and is recorded in other liabilities on the consolidated balance sheet, which at June 30, 2016 and December 31, 2015, the Company had no such reserves. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectable are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. All, or part, of the principal balance of loans receivable are charged off to the allowance as soon as it is determined that the repayment of all, or part, of the principal balance is highly unlikely. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a monthly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. The allowance consists of specific, general and unallocated components. For loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of the loan. The specific component relates to loans that are classified as impaired. When a loan is impaired, there are three acceptable methods under ASC 310-10-35 for measuring the impairment: 1. The loan’s observable market price; 2. The fair value of the underlying collateral; or 3. The present value (PV) of expected future cash flows. Loans that are considered “collateral-dependent” should be evaluated under the “Fair market value of collateral.” Loans that are still expected to be supported by repayment from the borrower should be evaluated under the “Present value of future cash flows.” For the most part, the Company measures impairment under the “Fair market value of collateral” for any loan that would rely on the value of collateral for recovery in the event of default. The individual impairment analysis for each loan is clearly documented as to the chosen valuation method. The general component covers pools of loans by loan class including commercial and industrial, real estate-construction and real estate-commercial not considered impaired as well as smaller balance homogeneous loans such as real estate-residential and consumer. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: 1. Changes in lending policy and procedures, including changes in underwriting standards and collection practices not previously considered in estimating credit losses. 2. Changes in relevant economic and business conditions. 3. Changes in nature and volume of the loan portfolio and in the terms of loans. 4. Changes in experience, ability and depth of lending management and staff. 5. Changes in the volume and severity of past due loans, the volume of non-accrual loans and the volume and severity of adversely classified loans. 6. Changes in the quality of the loan review system. 7. Changes in the value of underlying collateral for collateral-dependent loans. 8. The existence and effect of any concentration of credit and changes in the level of such concentrations. 9. The effect of other external forces such as competition, legal and regulatory requirements on the level of estimated credit losses in the existing portfolio. Each factor is assigned a risk value to reflect low, moderate or high risk assessments based on management’s best judgment using current market, macro and other relevant information available at the time of the evaluation. Adjustments to the factors are supported through documentation in each factor and accompany the allowance for loan loss calculation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and industrial, real estate-commercial, real estate-construction, real estate-residential and consumer loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of substantially all of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. For commercial loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For commercial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable aging or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for commercial loans or when credit deficiencies arise, such as delinquent loan payments, for commercial and consumer loans. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans classified special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristics that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectable and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, federal and state regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses and may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination, which may not be currently available to management. Based on management’s comprehensive analysis of the loan portfolio, management believes the current level of the allowance for loan losses is adequate. The components of the loan portfolio held for investment at June 30, 2016 and December 31, 2015 are as follows: June 30, 2016 December 31, 2015 (In Thousands) Commercial and industrial $ 99,642 $ 100,154 Real estate – construction 95,119 104,231 Real estate – commercial 452,777 422,665 Real estate – residential 50,166 39,524 Consumer 29,265 27,136 726,969 693,710 Allowance for loan losses (9,418 ) (8,713 ) Unearned fees (555 ) (560 ) Net Loans $ 716,996 $ 684,437 The performance and credit quality of the loan portfolio is monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the past due status as of June 30, 2016 and December 31, 2015: 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing June 30, 2016 : (In Thousands) Commercial and industrial $ 12 $ 407 $ 118 $ 537 $ 99,105 $ 99,642 $ - Real estate – construction - 150 - 150 94,969 95,119 - Real estate – commercial 335 180 794 1,309 451,468 452,777 - Real estate – residential - 243 542 785 49,381 50,166 - Consumer 198 - - 198 29,067 29,265 - Total $ 545 $ 980 $ 1,454 $ 2,979 $ 723,990 $ 726,969 $ - 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing December 31, 2015 : (In Thousands) Commercial and industrial $ 107 $ - $ 31 $ 138 $ 100,016 $ 100,154 $ - Real estate – construction - 150 - 150 104,081 104,231 - Real estate – commercial 112 - 2,075 2,187 420,478 422,665 - Real estate – residential - - 796 796 38,728 39,524 - Consumer - - - - 27,136 27,136 - Total $ 219 $ 150 $ 2,902 $ 3,271 $ 690,439 $ 693,710 $ - The following tables present non-accrual loans by classes of the loan portfolio at June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (In Thousands) Commercial and industrial $ 118 $ 138 Real estate – construction - - Real estate – commercial 794 2,244 Real estate – residential 785 796 Consumer - - Total $ 1,697 $ 3,178 The following tables present newly troubled debt restructured loans that occurred during the three and six months ended June 30, 2016 and 2015: Three months ended June 30, 2016 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial - $ - $ - Six months ended June 30, 2016 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 1 $ 257 $ 257 Three months ended June 30, 2015 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 5 $ 3,179 $ 3,179 Six months ended June 30, 2015 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 6 $ 3,227 $ 3,227 Loans whose terms are modified are classified as troubled debt restructurings (“TDRs”) if the Company grants such borrowers concessions and it is deemed that those borrowers are experiencing financial difficulty. Concessions granted under a TDR generally involve a temporary reduction in interest rate or a modification of a loan’s amortization schedule. Non-accrual TDRs are restored to accrual status if principal and interest payments, under the modified terms, are current for six consecutive months after the modification is in place. Loans classified as TDRs are designated as impaired. The Company’s TDR modifications are made on terms typically up to 12 months in order to aggressively monitor and track performance of the credit. The short-term modifications are monitored for continued performance for an additional period of time after the expiration of the concession. Balance reductions and annualized loss rates are also important metrics that are monitored. The main objective of the modification program is to reduce the payment burden for the borrower and improve the net present value of the Company’s expected cash flows. All the loans identified as troubled debt restructured as of June 30, 2016, generally involve a temporary reduction in interest rate or a modification of a loan’s amortization schedule. The Company classifies all TDRs as impaired loans. Impaired loans are individually assessed to determine that the loan’s carrying value is not in excess of the estimated fair value of the collateral (less cost to sell), if the loan is collateral dependent, or the present value of the expected future cash flows, if the loan is not collateral dependent. Management performs a detailed evaluation of each impaired loan and generally obtains updated appraisals as part of the evaluation. In addition, management adjusts estimated fair value down to appropriately consider recent market conditions, our willingness to accept a lower sales price to effect a quick sale, and costs to dispose of any supporting collateral. At June 30, 2016, TDRs totaled $8.7 million, including $8.5 million that were current and two non-accrual loans totaling $158,000. As of December 31, 2015, TDRs totaled $10.8 million, including $9.3 million that were current and three non-accrual loans totaling $1.5 million. At June 30, 2016, the Company established specific reserves of $339,000, of which $331,000 was applied against one commercial loan whose underlying collateral value has been impaired by an environmental issue. As of December 31, 2015, a specific reserve of $49,000 was recorded against one loan relationships classified as TDR. There were no financing receivables modified as TDRs and with a payment default occurring within 12 months of the restructure date, and the payment default occurring during the three and six months ended June 30, 2016 and 2015, respectively. It is the Company’s policy to classify a troubled debt restructured loan that is either 90 days or greater delinquent or that has been placed on a non-accrual status as a subsequently defaulted TDR loan. The following tables summarize information in regards to impaired loans by loan portfolio class at June 30, 2016 and December 31, 2015, and for the three and six months ended June 30, 2016 and 2015, respectively. As of June 30, 2016 For the three months ended June 30, 2016 For the six months ended June 30, 2016 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 375 $ 375 $ - $ 382 $ 5 $ 385 $ 8 Real estate – construction 3,226 3,226 - 3,271 35 3,268 69 Real estate – commercial 1,247 1,247 - 1,257 22 1,286 32 Real estate – residential 1,164 1,164 - 1,167 5 1,171 9 Consumer - - - - - - - With an allowance recorded: Commercial and industrial 3,733 3,733 8 3,769 45 3,776 89 Real estate – construction - - - - - - - Real estate – commercial 444 444 331 444 - 444 - Real estate – residential - - - - - - - Consumer - - - - - - - Total: Commercial and industrial 4,108 4,108 8 4,151 50 4,161 97 Real estate – construction 3,226 3,226 - 3,271 35 3,268 69 Real estate – commercial 1,691 1,691 331 1,701 22 1,730 32 Real estate – residential 1,164 1,164 - 1,167 5 1,171 9 Consumer - - - - - - - $ 10,189 $ 10,189 $ 339 $ 10,290 $ 112 $ 10,330 $ 207 As of December 31, 2015 For the three months ended June 30, 2015 For the six months ended June 30, 2015 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 652 $ 652 $ - $ 2,502 $ 63 $ 1,799 $ 75 Real estate – construction 3,855 3,855 - 5,695 34 6,229 104 Real estate – commercial 3,267 3,542 - 12,069 100 11,579 194 Real estate – residential 1,178 1,178 - 1,081 4 1,082 9 Consumer 209 209 - 423 3 429 5 With an allowance recorded: Commercial and industrial 3,305 3,305 49 - - - - Real estate – construction - - - - - - - Real estate – commercial - - - - - - - Real estate – residential - - - - - - - Consumer - - - - - - - Total: Commercial and industrial 3,957 3,957 49 2,502 63 1,799 75 Real estate – construction 3,855 3,855 - 5,695 34 6,229 104 Real estate – commercial 3,267 3,542 - 12,069 100 11,579 194 Real estate – residential 1,178 1,178 - 1,081 4 1,082 9 Consumer 209 209 - 423 3 429 5 $ 12,466 $ 12,741 $ 49 $ 21,770 $ 204 $ 21,118 $ 387 The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2016 and December 31, 2015: Pass Special Mention Substandard Doubtful Total June 30, 2016 : (In Thousands) Commercial and industrial $ 92,677 $ 3,114 $ 3,851 $ - $ 99,642 Real estate – construction 91,743 1,915 1,461 - 95,119 Real estate – commercial 445,586 5,971 1,220 - 452,777 Real estate – residential 49,381 - 785 - 50,166 Consumer 28,830 235 200 - 29,265 Total $ 708,217 $ 11,235 $ 7,517 $ - $ 726,969 Pass Special Mention Substandard Doubtful Total December 31, 2015 : (In Thousands) Commercial and industrial $ 96,038 $ 159 $ 3,957 $ - $ 100,154 Real estate – construction 100,376 1,830 2,025 - 104,231 Real estate – commercial 414,872 4,667 3,126 - 422,665 Real estate – residential 38,631 - 893 - 39,524 Consumer 26,891 38 207 - 27,136 Total $ 676,808 $ 6,694 $ 10,208 $ - $ 693,710 The following tables present the balance in the allowance for loan losses at June 30, 2016 and December 31, 2015 disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment June 30, 2016 : (In Thousands) Commercial and industrial $ 905 $ 8 $ 897 $ 99,642 $ 4,108 $ 95,534 Real estate – construction 1,165 - 1,165 95,119 3,226 91,893 Real estate – commercial 6,495 331 6,164 452,777 1,691 451,086 Real estate – residential 387 - 387 50,166 1,164 49,002 Consumer 241 - 241 29,265 - 29,265 Unallocated 225 - 225 - - - Total $ 9,418 $ 339 $ 9,079 $ 726,969 $ 10,189 $ 716,780 Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment December 31, 2015 : (In Thousands) Commercial and industrial $ 990 $ 49 $ 941 $ 100,154 $ 3,957 $ 96,197 Real estate – construction 1,283 - 1,283 104,231 3,855 100,376 Real estate – commercial 5,599 - 5,599 422,665 3,267 419,398 Real estate – residential 304 - 304 39,524 1,178 38,346 Consumer 242 - 242 27,136 209 26,927 Unallocated 295 - 295 - - - Total $ 8,713 $ 49 $ 8,664 $ 693,710 $ 12,466 $ 681,244 The following table presents the change in the allowance for loan losses by classes of loans for the three and six months ended June 30, 2016 and 2015: Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, April 1, 2016 $ 871 $ 1,281 $ 5,881 $ 340 $ 254 $ 336 $ 8,963 Charge-offs - - - - - - - Recoveries 4 4 3 - 54 - 65 Provision 30 (120 ) 611 47 (67 ) (111 ) 390 Ending balance, June 30, 2016 $ 905 $ 1,165 $ 6,495 $ 387 $ 241 $ 225 $ 9,418 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2016 $ 990 $ 1,283 $ 5,599 $ 304 $ 242 $ 295 $ 8,713 Charge-offs - - - - - - - Recoveries 7 8 245 - 55 - 315 Provision (92 ) (126 ) 651 83 (56 ) (70 ) 390 Ending balance, June 30, 2016 $ 905 $ 1,165 $ 6,495 $ 387 $ 241 $ 225 $ 9,418 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, April 1, 2015 $ 1,023 $ 1,508 $ 4,586 $ 262 $ 535 $ 168 $ 8,082 Charge-offs - - - - - - - Recoveries 2 20 - - 1 - 23 Provision (102 ) 176 347 39 (208 ) (62 ) 190 Ending balance, June 30, 2015 $ 923 $ 1,704 $ 4,933 $ 301 $ 328 $ 106 $ 8,295 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2015 $ 1,044 $ 1,454 $ 4,624 $ 223 $ 565 $ 159 $ 8,069 Charge-offs - - - - (80 ) - (80 ) Recoveries 4 20 - - 2 - 26 Provision (125 ) 230 309 78 (159 ) (53 ) 280 Ending balance, June 30, 2015 $ 923 $ 1,704 $ 4,933 $ 301 $ 328 $ 106 $ 8,295

Note 7 - Stock-based Compensati

Note 7 - Stock-based Compensation Plans	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 7 – STOCK- BASED COMPENSATION PLANS General. Options awarded under the Plan may be either options that qualify as incentive stock options (“ISOs”) under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”) or options that do not, or cease to, qualify as incentive stock options under the Code (“nonqualified stock options” or “NQSOs”). Awards may be granted under the Plan to directors and employees, and to other persons who provide substantial services to the Company. Shares reserved under the Plan will be issued out of authorized and unissued shares, or treasury shares, or partly out of each, as determined by the Board. The exercise price per share purchasable under either an ISO or a NQSO may not be less than the fair market value of a share of stock on the date of grant of the option. The Committee will determine the vesting period and term of each option, provided that no ISO may have a term in excess of ten years after the date of grant. Restricted stock is stock which is subject to certain transfer restrictions and to a risk of forfeiture. The Committee will determine the period over which any restricted stock which is issued under the Plan will vest, and will impose such restrictions on transferability, risk of forfeiture and other restrictions as the Committee may in its discretion determine. Unless restricted by the Committee, a participant granted restricted stock will have all of the rights of a shareholder, including the right to vote the restricted stock and the right to receive dividends with respect to that stock. Unless otherwise provided by the Committee in the award document or subject to other applicable restrictions, in the event of a Change in Control (as defined in the Plan) all non-forfeited options and awards carrying a right to exercise that was not previously exercisable and vested will become fully exercisable and vested as of the time of the Change in Control, and all restricted stock and awards subject to risk of forfeiture will become fully vested. Stock Options. Stock based compensation expense related to stock option grants was approximately $28,000 and $57,000 during the three and six months ended June 30, 2016, respectively, as compared to $29,000 and $57,000 for the same three and six month periods in 2015, respectively, and is included in salaries and employee benefits on the statement of operations. Total unrecognized compensation cost related to non-vested options under the Plan was $234,000 as of June 30, 2016 and will be recognized over the subsequent 2.0 years. The following table presents information regarding the Company’s outstanding stock options at June 30, 2016: Number of Shares Weighted Average Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Options outstanding, December 31, 2015 438,056 $ 5.16 Options granted - - Options exercised (19,057 ) 3.82 Options forfeited (376 ) 5.19 Options outstanding, June 30, 2016 418,623 $ 5.20 5.0 $ 2,369,841 Options exercisable, June 30, 2016 305,944 $ 4.26 4.0 $ 2,020,083 Option price range at June 30, 2016 $3.01 to $9.66 The total intrinsic value of options exercised during the three and six months ended June 30, 2016 was $36,000 and $112,000 respectively. Cash received from such exercises was $20,000 and $73,000, respectively. The total intrinsic value of options exercised during the three and six months ended June 30, 2015 was $43,000 and $73,000, respectively. Cash received from such exercises was $27,000 and $64,000, respectively. There was no tax benefit recognized in the three and six months ended June 30, 2016, respectively, and a $1,000 and $3,000 tax benefit recognized during the three and six months ended June 30, 2015, respectively. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model. Restricted Stock. Compensation expense related to restricted stock was $12,000 and $23,000 for the three and six month periods ended June 30, 2016, respectively, as compared to $25,000 and $51,000 for the three and six month periods ended June 30, 2015, respectively, and is included in salaries and employee benefits on the statement of operations. There was no deferred tax benefit recognized during the three and six month periods ended June 30, 2016 and 2015 related to the restricted stock compensation. Total unrecognized compensation cost related to restricted stock under the Plan as of June 30, 2016 and 2015, was $320,000 and $150,000, respectively, and will be recognized, on a weighted average basis, over the subsequent 2.9 years. The following table summarizes information about restricted stock at June 30, 2016: Number of Shares Weighted Average Price Unvested at December 31, 2015 22,932 $ 8.36 Restricted stock earned during six months ended June 30, 2016 (2,000 ) 7.90 Restricted stock granted during six months ended June 30, 2016 16,000 10.39 Unvested at June 30, 2016 36,932 $ 9.26 Other Awards.

Note 8 - Guarantees

Note 8 - Guarantees	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Guarantees [Text Block]	NOTE 8 – GUARANTEES The Company does not issue any guarantees that would require liability recognition or disclosure, other than its standby letters of credit. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Generally, all letters of credit, when issued, have expiration dates within one year. The credit risks involved in issuing letters of credit are essentially the same as those that are involved in extending loan facilities to customers. The Company generally holds collateral and/or personal guarantees supporting these commitments. As of June 30, 2016, the Company had $3.1 million of commercial and similar letters of credit. Management believes that the current amount of the liability as of June 30, 2016 for guarantees under standby letters of credit issued is not material.

Note 9 - FHLB and Other Borrowi

Note 9 - FHLB and Other Borrowings	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 9 – FHLB AND OTHER BORROWINGS The Bank utilizes an account relationship with Atlantic Community Bankers Bank to borrow funds through its Federal funds borrowing line in an aggregate amount up to $10.0 million. The Bank also has $36.0 million in unsecured credit facilities with three correspondent banks. These borrowings are priced on a daily basis. The Company had no borrowings outstanding on these lines. The Bank also has a remaining borrowing capacity with the FHLB of approximately $57.0 million based on the current loan collateral pledged of $101.4 million at June 30, 2016. At June 30, 2016 and December 31, 2015, long-term debt consisted of advances from the FHLB, which amounted to $23.8 million and $26.5 million, respectively. These advances had an average interest rate of 2.47% and 2.28% at June 30, 2016 and December 31, 2015, respectively. These advances are contractually scheduled for repayment as follows: June 30 2016 December 31, 2015 Rate Original Term (years) Maturity (dollars in thousands) Fixed Rate Note $ 7,500 $ 7,500 3.97 % 10 November 2017 Fixed Rate Note 1,500 1,500 2.41 % 6 August 2016 Fixed Rate Note 1,500 1,500 2.71 % 7 August 2017 Fixed Rate Note 2,000 2,000 1.28 % 4 October 2017 Fixed Rate Note 2,000 2,000 1.65 % 5 October 2018 Fixed Rate Note - 2,700 0.60 % 1 January 201 6 Fixed Rate Note 1,000 1,000 0.97 % 2 January 2017 Fixed Rate Note 1,300 1,300 1.31 % 3 January 2018 Fixed Rate Note 1,800 1,800 1.59 % 4 January 2019 Fixed Rate Note 2,700 2,700 1.81 % 5 January 2020 Fixed Rate Note 2,500 2,500 2.03 % 6 January 2021 $ 23,800 $ 26,500 In May 2016, the FHLB issued a $20.1 million municipal deposit letter of credit in the name of Two River Community Bank naming the NJ Department of Banking and Insurance as beneficiary. The letter of credit will take the place of securities previously pledged to the state for the Bank’s municipal deposits. The Bank enters into Sweep Account Agreements with certain of its deposit account holders for repo sweep arrangements under which funds in excess of a predetermined amount are removed from each such depositor’s account at the end of each banking day, and the Bank’s obligation to restore those funds to the account at the beginning of the following banking day is evidenced by a retail repurchase agreement (a “Repurchase Agreement”) secured by a collateral interest in favor of the depositor in certain government securities held by a third party custodian. The Bank’s obligation to restore the funds under the Repurchase Agreements is accounted for as a collateralized financing arrangement (i.e., secured borrowings), and not as a sale and subsequent repurchase of securities. The obligation to restore the funds to each account is reflected as a liability in the Company's consolidated balance sheets, while the securities underlying the repurchase agreements remain in the respective securities accounts. There is no offsetting or netting of the securities against the Repurchase Agreement obligation. The following table presents the contractual maturities of the Repurchase Agreements as of June 30, 2016, disaggregated by the class of collateral pledged: Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total June 30, 2016 : Class of Collateral Pledged: U.S. Government agency securities $ 1,253 $ - $ - $ - $ 1,253 U.S. Government collateralized residential mortgage obligations 11,011 - - - 11,011 GSE – residential mortgage-backed securities 13,494 - - - 13,494 Total $ 25,758 $ - $ - $ - $ 25,758 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 21,683 Excess of collateral pledged over recognized liability $ 4,075 The potential risks associated with the Repurchase Agreements and related pledged collateral, including obligations arising from a decline in the fair value of the pledged collateral, are minimal due to the fact that the Repurchase Agreements pertain to overnight borrowings and therefore not subject to fluctuations in fair market value.

Note 10 - Subordinated Debentur

Note 10 - Subordinated Debentures	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	NOTE 10 - SUBORDINATED DEBENTURES In December 2015, the Company completed a private placement of $10 million in aggregate principal amount of fixed to floating rate subordinated debentures to certain institutional accredited investors. The subordinated debentures have a maturity date of December 31, 2025 and bear interest, payable quarterly, at the rate of 6.25% per annum until January 1, 2021. On that date, the interest rate will be adjusted to float at an annual rate equal to the prevailing three-month LIBOR rate plus 464 basis points (4.64%) until maturity. The debentures include a right of prepayment, without penalty, on or after December 14, 2020 and, in certain limited circumstances, before that date. The indebtedness evidenced by the subordinated debentures, including principal and interest, is unsecured and subordinate and junior in right to payment to general and secured creditors of the Company and depositors and all other creditors of the Bank. The subordinated debentures have been structured to qualify as Tier 2 capital for regulatory purposes. Subordinated debentures totaled $9.8 million at June 30, 2016 and December 31, 2015, which includes $161,000 of remaining unamortized debt issuance costs at June 30, 2016. The debt issuance costs are being amortized over the expected life of the issue. The effective interest rate of the subordinated debentures is 6.67%.

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 11 - FAIR VALUE MEASUREMENTS Accounting guidance establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 Level 2 Level 3 An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2016 and December 31, 2015 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At June 30, 2016: Securities available for sale: U.S. Government agency securities $ - $ 3,467 $ - $ 3,467 Municipal securities - 518 - 518 GSE - residential mortgage-backed securities - 13,039 - 13,039 U.S. Government collateralized residential mortgage obligations - 11,307 - 11,307 Corporate debt securities, primarily financial institutions - 2,301 - 2,301 CRA mutual fund 2,457 - - 2,457 Total $ 2,457 $ 30,632 $ - $ 33,089 At December 31, 2015: Securities available for sale: U.S. Government agency securities $ - $ 1,238 $ - $ 1,238 Municipal securities - 517 - 517 GSE - residential mortgage-backed securities - 14,449 - 14,449 U.S. Government collateralized residential mortgage obligations - 12,627 - 12,627 Corporate debt securities, primarily financial institutions - 2,317 - 2,317 CRA mutual fund 2,382 - - 2,382 Total $ 2,382 $ 31,148 $ - $ 33,530 As of June 30, 2016 and December 31, 2015, there were no securities available for sale measured at fair value on a recurring basis using significant unobservable inputs (Level 3). For assets measured at fair value on a nonrecurring basis, the fair value measurements by level within the fair value hierarchy used at June 30, 2016 and December 31, 2015 are as follows: Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At June 30, 2016: Impaired loans, net of allowance recorded $ - $ - $ 3,838 $ 3,838 OREO - - 259 259 At December 31, 2015: Impaired loans, net of allowance recorded $ - $ - $ 3,256 $ 3,256 Impaired loans, net of partial charge-offs - - 1,389 1,389 OREO - - 411 411 The Company’s policy is to recognize transfers between levels as of the beginning of the period. There were no transfers between Levels 1, 2 and 3 for the three and six months ended June 30, 2016 and 2015. The following valuation techniques were used to measure fair value of assets in the tables above: ● Impaired loans ● OREO The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments at June 30, 2016 and December 31, 2015: Cash and Cash Equivalents (carried at cost ): The carrying amounts reported in the balance sheet for cash and short-term instruments approximate those assets’ fair values. Securities : The fair value of securities available for sale (carried at fair value) and held to maturity (carried at amortized cost) are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). At June 30, 2016 and December 31, 2015, there were no Level 3 securities. Restricted Investments (carried at cost) : The carrying amount of restricted investment in Federal Home Loan Bank stock, Atlantic Community Bankers Bank stock and Solomon Hess SBA Loan Fund approximates fair value, and considers the limited marketability of such securities. Loans Held for Sale: Loans held for sale are carried at the lower of aggregate cost or estimated fair value, less costs to sell. The fair value of these loans are equal to the contractual sales price. Loans Receivable (carried at cost) The fair values of loans, excluding collateral dependent impaired loans, are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans, including liquidity. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. The valuation of the loan portfolio reflects discounts that the Company believes are consistent with transactions occurring in the marketplace for both performing and distressed loan types. The carrying value that fair value is compared to is net of the allowance for loan losses and other associated premiums and discounts. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Due to the significant judgment involved in evaluating credit quality risk, loans are classified within Level 3 of the fair value hierarchy. Accrued Interest Receivable and Payable (carried at cost) The carrying amount of accrued interest receivable and accrued interest payable approximates its fair value. Deposit Liabilities (carried at cost) : The fair values disclosed for demand deposits (e.g., interest and noninterest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date, (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Securities Sold Under Agreements to Repurchase (carried at cost) The carrying amounts of these short-term borrowings approximate their fair values. Long-term Debt (carried at cost) Fair values of FHLB advances are estimated using discounted cash flow analysis, based on quoted prices for new FHLB advances with similar credit risk characteristics, terms and remaining maturity. These prices obtained from this active market represent a market value that is deemed to represent the transfer price if the liability were assumed by a third party. Subordinated Debentures (carried at cost): The fair value of subordinated debentures is estimated by using a discounted cash flow analysis that, at June 30, 2016 and December 31, 2015, applies a 5.33% and 4.49% credit spread, respectively, plus the U.S. Treasury rate (all-in issue spread) to the time remaining until the issue’s call option date. Off-Balance Sheet Financial Instruments (disclosed at cost) Fair values for the Company’s off-balance sheet financial instruments (lending commitments and letters of credit) are based on fees currently charged in the market to enter into similar agreements, taking into account, the remaining terms of the agreements and the counterparties’ credit standing. The fair values of such fees are not material at June 30, 2016 and December 31, 2015. The estimated fair values of the Company’s financial instruments at June 30, 2016 and December 31, 2015 were as follows: Fair Value Measurements at June 30, 2016 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 31,328 $ 31,328 $ 31,328 $ - $ - Securities available for sale 33,089 33,089 2,457 30,632 - Securities held to maturity 47,245 48,924 - 48,924 - Restricted stock 3,912 3,912 - - 3,912 Loans held for sale 2,849 2,894 - - 2,894 Loans receivable, net 716,996 713,986 - - 713,986 Accrued interest receivable 2,036 2,036 - 544 1,492 Financial liabilities: Deposits 726,264 728,294 - 728,294 - Securities sold under agreements to repurchase 21,683 21,683 - 21,683 - Long-term debt 23,800 24,343 - 24,343 - Subordinated debt 9,839 9,837 - 9,837 - Accrued interest payable 84 84 - 84 - Fair Value Measurements at December 31, 2015 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 46,727 $ 46,727 $ 46,727 $ - $ - Securities available for sale 33,530 33,530 2,382 31,148 - Securities held to maturity 43,167 43,668 - 43,668 - Restricted stock 3,596 3,596 - - 3,596 Loans held for sale 3,050 3,105 - - 3,105 Loans receivable, net 684,437 676,703 - - 676,703 Accrued interest receivable 1,912 1,912 - 422 1,490 Financial liabilities: Deposits 708,436 707,908 - 707,908 - Securities sold under agreements to repurchase 19,545 19,545 - 19,545 - Long-term debt 26,500 26,882 - 26,823 - Subordinated debt 9,824 9,823 - 9,823 - Accrued interest payable 118 118 - 118 -

Note 12 - Shareholders' Equity

Note 12 - Shareholders' Equity	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 1 2 – SHAREHOLDERS’ EQUITY On August 11, 2011, the Company received $12 million under the Small Business Lending Fund (“SBLF”), created as part of the Small Business Jobs Act. The SBLF provided Tier 1 Capital to community banks, and the terms of this capital contained incentives for making small business loans, defined as certain loans of up to $10 million to businesses with up to $50 million in annual revenues. In exchange for the $12 million, the Company issued to the U.S. Department of the Treasury (“Treasury”) 12,000 shares of its Non-Cumulative Perpetual Preferred Stock, Series C, having a $1,000 liquidation preference per share (the “SBLF Preferred Shares”). The SBLF Preferred Shares qualified as Tier 1 Capital. On December 15, 2014, the Company redeemed $6.0 million (6,000 shares) of the outstanding SBLF Preferred Shares, and on December 15, 2015, the remaining $6.0 million (6,000 shares) was redeemed. From July 1, 2013 to their redemption on December 15, 2015, the dividend rate on the SBLF Preferred Shares was 1.00%. On December 17, 2015, the Company announced that its Board of Directors approved a new Share Repurchase Program. This new program allows for the Company to repurchase up to $2.0 million of its common stock from January 1, 2016 to December 31, 2016. During the three months ended June 30, 2016, the Company did not repurchase any shares while for the six months ended June 30, 2016, the Company repurchased 732 shares for a total of approximately $6,000. Since the initial share repurchase program was introduced back in 2013, the Company has repurchased a total of 284,732 shares for a total cost of approximately $2.3 million.

Note 13 - Subsequent Event

Note 13 - Subsequent Event	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 1 3 – SUBSEQUENT EVENT On July 20, 2016, the Board of Directors declared a quarterly cash dividend to $0.04 per share to common shareholders of record at the close of business on August 12, 2016, payable on August 30, 2016. This represents a 14.3% increase from the prior quarter.

Note 4 - Earnings Per Common 23

Note 4 - Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 2016 2015 2016 2015 (dollars in thousands, except per share data) Net income $ 1,727 $ 1,461 $ 3,420 $ 2,904 Preferred stock dividend - (15 ) - (30 ) Net income applicable to common shareholders $ 1,727 $ 1,446 $ 3,420 $ 2,874 Weighted average common shares outstanding 7,926,577 7,929,566 7,922,606 7,936,935 Effect of dilutive stock options 183,515 212,087 177,918 205,882 Weighted average common shares outstanding used to calculate diluted earnings per share 8,110,092 8,141,653 8,100,524 8,142,817 Basic earnings per common share $ 0.22 $ 0.18 $ 0.43 $ 0.36 Diluted earnings per common share $ 0.21 $ 0.18 $ 0.42 $ 0.35

Note 5 - Securities (Tables)

Note 5 - Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Unrealized Gain (Loss) on Investments [Table Text Block]	(in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2016 : Securities available for sale: U.S. Government agency securities $ 3,466 $ 9 $ (8 ) $ 3,467 Municipal securities 505 13 - 518 U.S. Government-sponsored enterprises (“GSE”) – residential mortgage-backed securities 13,124 16 (101 ) 13,039 U.S. Government collateralized residential mortgage obligations 11,315 47 (55 ) 11,307 Corporate debt securities, primarily financial institutions 2,492 14 (205 ) 2,301 30,902 99 (369 ) 30,632 Community Reinvestment Act (“CRA”) mutual fund 2,423 34 - 2,457 $ 33,325 $ 133 $ (369 ) $ 33,089 Securities held to maturity: Municipal securities $ 38,755 $ 1,884 $ - $ 40,639 GSE – residential mortgage-backed securities 3,497 37 (6 ) 3,528 U.S. Government collateralized residential mortgage obligations 3,172 30 (5 ) 3,197 Corporate debt securities, primarily financial institutions 1,821 - (261 ) 1,560 $ 47,245 $ 1,951 $ (272 ) $ 48,924 (in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2015 : Securities available for sale: U.S. Government agency securities $ 1,241 $ - $ (3 ) $ 1,238 Municipal securities 508 9 - 517 GSE – residential mortgage-backed securities 14,646 5 (202 ) 14,449 U.S. Government collateralized residential mortgage obligations 12,900 13 (286 ) 12,627 Corporate debt securities, primarily financial institutions 2,492 - (175 ) 2,317 31,787 27 (666 ) 31,148 CRA mutual fund 2,397 - (15 ) 2,382 $ 34,184 $ 27 $ (681 ) $ 33,530 Securities held to maturity: Municipal securities $ 33,956 $ 824 $ (9 ) $ 34,771 GSE – residential mortgage-backed securities 3,789 9 (44 ) 3,754 U.S. Government collateralized residential mortgage obligations 3,602 - (46 ) 3,556 Corporate debt securities, primarily financial institutions 1,820 - (233 ) 1,587 $ 43,167 $ 833 $ (332 ) $ 43,668
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value (in thousands) Due in one year or less $ - $ - $ 8,058 $ 8,067 Due in one year through five years 3,081 3,107 4,405 4,567 Due in five years through ten years 175 175 3,819 4,085 Due after ten years 3,207 3,004 24,294 25,480 6,463 6,286 40,576 42,199 GSE – residential mortgage-backed securities 13,124 13,039 3,497 3,528 U.S. Government collateralized residential mortgage obligations 11,315 11,307 3,172 3,197 $ 30,902 $ 30,632 $ 47,245 $ 48,924
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2016 : (in thousands) U.S. Government agency securities $ 1,095 $ (8 ) $ - $ - $ 1,095 $ (8 ) GSE – residential mortgage-backed securities 372 (1 ) 8,149 (106 ) 8,521 (107 ) U.S. Government collateralized residential mortgage obligations - - 5,714 (60 ) 5,714 (60 ) Corporate debt securities, primarily financial institutions - - 2,850 (466 ) 2,850 (466 ) Total Temporarily $ 1,467 $ (9 ) $ 16,713 $ (632 ) $ 18,180 $ (641 ) Less than 12 Months 12 Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2015: (in thousands) U.S. Government agency securities $ 1,238 $ (3 ) $ - $ - $ 1,238 $ (3 ) Municipal securities 5,858 (5 ) 498 (4 ) 6,356 (9 ) GSE – residential mortgage-backed securities 11,946 (151 ) 5,006 (95 ) 16,952 (246 ) U.S. Government collateralized residential mortgage obligations 8,284 (72 ) 6,861 (260 ) 15,145 (332 ) Corporate debt securities, primarily financial institutions 496 (1 ) 2,907 (407 ) 3,403 (408 ) CRA mutual fund 2,382 (15 ) - - 2,382 (15 ) Total Temporarily $ 30,204 $ (247 ) $ 15,272 $ (766 ) $ 45,476 $ (1,013 )

Note 6 - Loans Receivable and25

Note 6 - Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2016
Change in Financing Receivable [Member]
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, April 1, 2016 $ 871 $ 1,281 $ 5,881 $ 340 $ 254 $ 336 $ 8,963 Charge-offs - - - - - - - Recoveries 4 4 3 - 54 - 65 Provision 30 (120 ) 611 47 (67 ) (111 ) 390 Ending balance, June 30, 2016 $ 905 $ 1,165 $ 6,495 $ 387 $ 241 $ 225 $ 9,418 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2016 $ 990 $ 1,283 $ 5,599 $ 304 $ 242 $ 295 $ 8,713 Charge-offs - - - - - - - Recoveries 7 8 245 - 55 - 315 Provision (92 ) (126 ) 651 83 (56 ) (70 ) 390 Ending balance, June 30, 2016 $ 905 $ 1,165 $ 6,495 $ 387 $ 241 $ 225 $ 9,418 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, April 1, 2015 $ 1,023 $ 1,508 $ 4,586 $ 262 $ 535 $ 168 $ 8,082 Charge-offs - - - - - - - Recoveries 2 20 - - 1 - 23 Provision (102 ) 176 347 39 (208 ) (62 ) 190 Ending balance, June 30, 2015 $ 923 $ 1,704 $ 4,933 $ 301 $ 328 $ 106 $ 8,295 Allowance for Loan Losses Commercial and Industrial Real Estate - Construction Real Estate - Commercial Real Estate - Residential Consumer Unallocated Total (In Thousands) Beginning balance, January 1, 2015 $ 1,044 $ 1,454 $ 4,624 $ 223 $ 565 $ 159 $ 8,069 Charge-offs - - - - (80 ) - (80 ) Recoveries 4 20 - - 2 - 26 Provision (125 ) 230 309 78 (159 ) (53 ) 280 Ending balance, June 30, 2015 $ 923 $ 1,704 $ 4,933 $ 301 $ 328 $ 106 $ 8,295
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2016 December 31, 2015 (In Thousands) Commercial and industrial $ 99,642 $ 100,154 Real estate – construction 95,119 104,231 Real estate – commercial 452,777 422,665 Real estate – residential 50,166 39,524 Consumer 29,265 27,136 726,969 693,710 Allowance for loan losses (9,418 ) (8,713 ) Unearned fees (555 ) (560 ) Net Loans $ 716,996 $ 684,437
Past Due Financing Receivables [Table Text Block]	30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing June 30, 2016 : (In Thousands) Commercial and industrial $ 12 $ 407 $ 118 $ 537 $ 99,105 $ 99,642 $ - Real estate – construction - 150 - 150 94,969 95,119 - Real estate – commercial 335 180 794 1,309 451,468 452,777 - Real estate – residential - 243 542 785 49,381 50,166 - Consumer 198 - - 198 29,067 29,265 - Total $ 545 $ 980 $ 1,454 $ 2,979 $ 723,990 $ 726,969 $ - 30-59 Days Past Due 60-89 Days Past Due 90 Days & Greater Total Past Due Current Total Loans Receivable Loans Receivable >90 Days and Accruing December 31, 2015 : (In Thousands) Commercial and industrial $ 107 $ - $ 31 $ 138 $ 100,016 $ 100,154 $ - Real estate – construction - 150 - 150 104,081 104,231 - Real estate – commercial 112 - 2,075 2,187 420,478 422,665 - Real estate – residential - - 796 796 38,728 39,524 - Consumer - - - - 27,136 27,136 - Total $ 219 $ 150 $ 2,902 $ 3,271 $ 690,439 $ 693,710 $ -
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	June 30, 2016 December 31, 2015 (In Thousands) Commercial and industrial $ 118 $ 138 Real estate – construction - - Real estate – commercial 794 2,244 Real estate – residential 785 796 Consumer - - Total $ 1,697 $ 3,178
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Three months ended June 30, 2016 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial - $ - $ - Six months ended June 30, 2016 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 1 $ 257 $ 257 Three months ended June 30, 2015 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 5 $ 3,179 $ 3,179 Six months ended June 30, 2015 Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled Debt Restructuring: (Dollars in Thousands) Commercial and industrial 6 $ 3,227 $ 3,227
Impaired Financing Receivables [Table Text Block]	As of June 30, 2016 For the three months ended June 30, 2016 For the six months ended June 30, 2016 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 375 $ 375 $ - $ 382 $ 5 $ 385 $ 8 Real estate – construction 3,226 3,226 - 3,271 35 3,268 69 Real estate – commercial 1,247 1,247 - 1,257 22 1,286 32 Real estate – residential 1,164 1,164 - 1,167 5 1,171 9 Consumer - - - - - - - With an allowance recorded: Commercial and industrial 3,733 3,733 8 3,769 45 3,776 89 Real estate – construction - - - - - - - Real estate – commercial 444 444 331 444 - 444 - Real estate – residential - - - - - - - Consumer - - - - - - - Total: Commercial and industrial 4,108 4,108 8 4,151 50 4,161 97 Real estate – construction 3,226 3,226 - 3,271 35 3,268 69 Real estate – commercial 1,691 1,691 331 1,701 22 1,730 32 Real estate – residential 1,164 1,164 - 1,167 5 1,171 9 Consumer - - - - - - - $ 10,189 $ 10,189 $ 339 $ 10,290 $ 112 $ 10,330 $ 207 As of December 31, 2015 For the three months ended June 30, 2015 For the six months ended June 30, 2015 Recorded Investment, Net of Charge-offs Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In Thousands) With no related allowance recorded: Commercial and industrial $ 652 $ 652 $ - $ 2,502 $ 63 $ 1,799 $ 75 Real estate – construction 3,855 3,855 - 5,695 34 6,229 104 Real estate – commercial 3,267 3,542 - 12,069 100 11,579 194 Real estate – residential 1,178 1,178 - 1,081 4 1,082 9 Consumer 209 209 - 423 3 429 5 With an allowance recorded: Commercial and industrial 3,305 3,305 49 - - - - Real estate – construction - - - - - - - Real estate – commercial - - - - - - - Real estate – residential - - - - - - - Consumer - - - - - - - Total: Commercial and industrial 3,957 3,957 49 2,502 63 1,799 75 Real estate – construction 3,855 3,855 - 5,695 34 6,229 104 Real estate – commercial 3,267 3,542 - 12,069 100 11,579 194 Real estate – residential 1,178 1,178 - 1,081 4 1,082 9 Consumer 209 209 - 423 3 429 5 $ 12,466 $ 12,741 $ 49 $ 21,770 $ 204 $ 21,118 $ 387
Financing Receivable Credit Quality Indicators [Table Text Block]	Pass Special Mention Substandard Doubtful Total June 30, 2016 : (In Thousands) Commercial and industrial $ 92,677 $ 3,114 $ 3,851 $ - $ 99,642 Real estate – construction 91,743 1,915 1,461 - 95,119 Real estate – commercial 445,586 5,971 1,220 - 452,777 Real estate – residential 49,381 - 785 - 50,166 Consumer 28,830 235 200 - 29,265 Total $ 708,217 $ 11,235 $ 7,517 $ - $ 726,969 Pass Special Mention Substandard Doubtful Total December 31, 2015 : (In Thousands) Commercial and industrial $ 96,038 $ 159 $ 3,957 $ - $ 100,154 Real estate – construction 100,376 1,830 2,025 - 104,231 Real estate – commercial 414,872 4,667 3,126 - 422,665 Real estate – residential 38,631 - 893 - 39,524 Consumer 26,891 38 207 - 27,136 Total $ 676,808 $ 6,694 $ 10,208 $ - $ 693,710
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment June 30, 2016 : (In Thousands) Commercial and industrial $ 905 $ 8 $ 897 $ 99,642 $ 4,108 $ 95,534 Real estate – construction 1,165 - 1,165 95,119 3,226 91,893 Real estate – commercial 6,495 331 6,164 452,777 1,691 451,086 Real estate – residential 387 - 387 50,166 1,164 49,002 Consumer 241 - 241 29,265 - 29,265 Unallocated 225 - 225 - - - Total $ 9,418 $ 339 $ 9,079 $ 726,969 $ 10,189 $ 716,780 Allowance for Loan Losses Loans Receivable Balance Balance Related to Loans Individually Evaluated for Impairment Balance Related to Loans Collectively Evaluated for Impairment Balance Balance Individually Evaluated for Impairment Balance Collectively Evaluated for Impairment December 31, 2015 : (In Thousands) Commercial and industrial $ 990 $ 49 $ 941 $ 100,154 $ 3,957 $ 96,197 Real estate – construction 1,283 - 1,283 104,231 3,855 100,376 Real estate – commercial 5,599 - 5,599 422,665 3,267 419,398 Real estate – residential 304 - 304 39,524 1,178 38,346 Consumer 242 - 242 27,136 209 26,927 Unallocated 295 - 295 - - - Total $ 8,713 $ 49 $ 8,664 $ 693,710 $ 12,466 $ 681,244

Note 7 - Stock-based Compensa26

Note 7 - Stock-based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Number of Shares Weighted Average Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Options outstanding, December 31, 2015 438,056 $ 5.16 Options granted - - Options exercised (19,057 ) 3.82 Options forfeited (376 ) 5.19 Options outstanding, June 30, 2016 418,623 $ 5.20 5.0 $ 2,369,841 Options exercisable, June 30, 2016 305,944 $ 4.26 4.0 $ 2,020,083 Option price range at June 30, 2016 $3.01 to $9.66
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]	Number of Shares Weighted Average Price Unvested at December 31, 2015 22,932 $ 8.36 Restricted stock earned during six months ended June 30, 2016 (2,000 ) 7.90 Restricted stock granted during six months ended June 30, 2016 16,000 10.39 Unvested at June 30, 2016 36,932 $ 9.26

Note 9 - FHLB and Other Borro27

Note 9 - FHLB and Other Borrowings (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Maturities of Long-term Debt [Table Text Block]	June 30 2016 December 31, 2015 Rate Original Term (years) Maturity (dollars in thousands) Fixed Rate Note $ 7,500 $ 7,500 3.97 % 10 November 2017 Fixed Rate Note 1,500 1,500 2.41 % 6 August 2016 Fixed Rate Note 1,500 1,500 2.71 % 7 August 2017 Fixed Rate Note 2,000 2,000 1.28 % 4 October 2017 Fixed Rate Note 2,000 2,000 1.65 % 5 October 2018 Fixed Rate Note - 2,700 0.60 % 1 January 201 6 Fixed Rate Note 1,000 1,000 0.97 % 2 January 2017 Fixed Rate Note 1,300 1,300 1.31 % 3 January 2018 Fixed Rate Note 1,800 1,800 1.59 % 4 January 2019 Fixed Rate Note 2,700 2,700 1.81 % 5 January 2020 Fixed Rate Note 2,500 2,500 2.03 % 6 January 2021 $ 23,800 $ 26,500
Schedule of Repurchase Agreements [Table Text Block]	Maturity of Repurchase Agreements (dollars in thousands) Overnight and Continuous Up to 30 days 30 to 90 days Over 90 days Total June 30, 2016 : Class of Collateral Pledged: U.S. Government agency securities $ 1,253 $ - $ - $ - $ 1,253 U.S. Government collateralized residential mortgage obligations 11,011 - - - 11,011 GSE – residential mortgage-backed securities 13,494 - - - 13,494 Total $ 25,758 $ - $ - $ - $ 25,758 Gross amount of recognized liabilities for repurchase agreements and securities lending $ 21,683 Excess of collateral pledged over recognized liability $ 4,075

Note 11 - Fair Value Measurem28

Note 11 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At June 30, 2016: Securities available for sale: U.S. Government agency securities $ - $ 3,467 $ - $ 3,467 Municipal securities - 518 - 518 GSE - residential mortgage-backed securities - 13,039 - 13,039 U.S. Government collateralized residential mortgage obligations - 11,307 - 11,307 Corporate debt securities, primarily financial institutions - 2,301 - 2,301 CRA mutual fund 2,457 - - 2,457 Total $ 2,457 $ 30,632 $ - $ 33,089 At December 31, 2015: Securities available for sale: U.S. Government agency securities $ - $ 1,238 $ - $ 1,238 Municipal securities - 517 - 517 GSE - residential mortgage-backed securities - 14,449 - 14,449 U.S. Government collateralized residential mortgage obligations - 12,627 - 12,627 Corporate debt securities, primarily financial institutions - 2,317 - 2,317 CRA mutual fund 2,382 - - 2,382 Total $ 2,382 $ 31,148 $ - $ 33,530
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	Description (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Total (in thousands) At June 30, 2016: Impaired loans, net of allowance recorded $ - $ - $ 3,838 $ 3,838 OREO - - 259 259 At December 31, 2015: Impaired loans, net of allowance recorded $ - $ - $ 3,256 $ 3,256 Impaired loans, net of partial charge-offs - - 1,389 1,389 OREO - - 411 411
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at June 30, 2016 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 31,328 $ 31,328 $ 31,328 $ - $ - Securities available for sale 33,089 33,089 2,457 30,632 - Securities held to maturity 47,245 48,924 - 48,924 - Restricted stock 3,912 3,912 - - 3,912 Loans held for sale 2,849 2,894 - - 2,894 Loans receivable, net 716,996 713,986 - - 713,986 Accrued interest receivable 2,036 2,036 - 544 1,492 Financial liabilities: Deposits 726,264 728,294 - 728,294 - Securities sold under agreements to repurchase 21,683 21,683 - 21,683 - Long-term debt 23,800 24,343 - 24,343 - Subordinated debt 9,839 9,837 - 9,837 - Accrued interest payable 84 84 - 84 - Fair Value Measurements at December 31, 2015 (in thousands) Carrying Amount Estimated Fair Value (Level 1) Quoted Prices in Active Markets for Identical Assets (Level 2) Significant Other Observable Inputs (Level 3) Significant Unobservable Inputs Financial assets: Cash and cash equivalents $ 46,727 $ 46,727 $ 46,727 $ - $ - Securities available for sale 33,530 33,530 2,382 31,148 - Securities held to maturity 43,167 43,668 - 43,668 - Restricted stock 3,596 3,596 - - 3,596 Loans held for sale 3,050 3,105 - - 3,105 Loans receivable, net 684,437 676,703 - - 676,703 Accrued interest receivable 1,912 1,912 - 422 1,490 Financial liabilities: Deposits 708,436 707,908 - 707,908 - Securities sold under agreements to repurchase 19,545 19,545 - 19,545 - Long-term debt 26,500 26,882 - 26,823 - Subordinated debt 9,824 9,823 - 9,823 - Accrued interest payable 118 118 - 118 -

Note 3 - Goodwill (Details Text

Note 3 - Goodwill (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Goodwill, Impaired, Accumulated Impairment Loss	$ 0
Goodwill	$ 18,109,000	$ 18,109,000

Note 4 - Earnings Per Common 30

Note 4 - Earnings Per Common Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	9,100	0	9,100

Note 4 - Earnings Per Common 31

Note 4 - Earnings Per Common Share - Earnings Per Common Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 1,727,000	$ 1,461,000	$ 3,420,000	$ 2,904,000
Preferred stock dividend	0	(15,000)	0	(30,000)
Net income applicable to common shareholders	$ 1,727,000	$ 1,446,000	$ 3,420,000	$ 2,874,000
Weighted average common shares outstanding (in shares)	7,926,577	7,929,566	7,922,606	7,936,935
Effect of dilutive stock options (in shares)	183,515	212,087	177,918	205,882
Weighted average common shares outstanding used to calculate diluted earnings per share (in shares)	8,110,092	8,141,653	8,100,524	8,142,817
Basic earnings per common share (in dollars per share)	$ 0.22	$ 0.18	$ 0.43	$ 0.36
Diluted earnings per common share (in dollars per share)	$ 0.21	$ 0.18	$ 0.42	$ 0.35

Note 5 - Securities (Details Te

Note 5 - Securities (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Not Other Than Temporary Impaired [Member] | Corporate Debt Securities, Primarily Financial Institutions [Member]
Continuous Unrealized Loss 12 Months or More Amortized Cost	$ 2,800,000		$ 2,800,000
Continuous Unrealized Loss 12 Months or More	$ 2.40		$ 2.40
Available for Sale Securities Number of Positions Sold	0	16	1
Available-for-sale Securities, Gross Realized Gains		$ 46,000	$ 72,000	$ 61,000
Available-for-sale Securities, Gross Realized Losses		33,000		33,000
Proceeds from Sale of Held-to-maturity Securities			1,076,000	0
Available-for-sale Securities Pledged as Collateral	$ 29,204,000		$ 29,204,000		$ 32,596,000
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	24		24
Number of Individual Trust Preferred Securities	4		4
Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net	$ 0	$ 0	$ 0	$ 0

Note 5 - Securities - Summary o

Note 5 - Securities - Summary of Securities (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member]
Securities available-for-sale, amortized cost	$ 3,466,000	$ 1,241,000
Securities available-for-sale, gross unrealized gains	9,000	0
Securities available-for-sale, gross unrealized losses	(8,000)	(3,000)
Securities available for sale	3,467,000	1,238,000
US States and Political Subdivisions Debt Securities [Member]
Securities available-for-sale, amortized cost	505,000	508,000
Securities available-for-sale, gross unrealized gains	13,000	9,000
Securities available-for-sale, gross unrealized losses	0	0
Securities available for sale	518,000	517,000
Securities held-to-maturity, amortized cost	38,755,000	33,956,000
Securities held-to-maturity, gross unrealized gains	1,884,000	824,000
Securities held-to-maturity, gross unrealized losses	0	(9,000)
Securities held to maturity	40,639,000	34,771,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale, amortized cost	13,124,000	14,646,000
Securities available-for-sale, gross unrealized gains	16,000	5,000
Securities available-for-sale, gross unrealized losses	(101,000)	(202,000)
Securities available for sale	13,039,000	14,449,000
Securities held-to-maturity, amortized cost	3,497,000	3,789,000
Securities held-to-maturity, gross unrealized gains	37,000	9,000
Securities held-to-maturity, gross unrealized losses	(6,000)	(44,000)
Securities held to maturity	3,528,000	3,754,000
Residential Mortgage Backed Securities [Member]
Securities available-for-sale, amortized cost	11,315,000	12,900,000
Securities available-for-sale, gross unrealized gains	47,000	13,000
Securities available-for-sale, gross unrealized losses	(55,000)	(286,000)
Securities available for sale	11,307,000	12,627,000
Securities held-to-maturity, amortized cost	3,172,000	3,602,000
Securities held-to-maturity, gross unrealized gains	30,000	0
Securities held-to-maturity, gross unrealized losses	(5,000)	(46,000)
Securities held to maturity	3,197,000	3,556,000
Corporate Debt Securities [Member]
Securities available-for-sale, amortized cost	2,492,000	2,492,000
Securities available-for-sale, gross unrealized gains	14,000	0
Securities available-for-sale, gross unrealized losses	(205,000)	(175,000)
Securities available for sale	2,301,000	2,317,000
Securities held-to-maturity, amortized cost	1,821,000	1,820,000
Securities held-to-maturity, gross unrealized gains	0	0
Securities held-to-maturity, gross unrealized losses	(261,000)	(233,000)
Securities held to maturity	1,560,000	1,587,000
Securities Portfolio Without CRA [Member]
Securities available-for-sale, amortized cost	30,902,000	31,787,000
Securities available-for-sale, gross unrealized gains	99,000	27,000
Securities available-for-sale, gross unrealized losses	(369,000)	(666,000)
Securities available for sale	30,632,000	31,148,000
CRA Mutual Fund [Member]
Securities available-for-sale, amortized cost	2,423,000	2,397,000
Securities available-for-sale, gross unrealized gains	34,000	0
Securities available-for-sale, gross unrealized losses	0	(15,000)
Securities available for sale	2,457,000	2,382,000
Securities available-for-sale, amortized cost	33,325,000	34,184,000
Securities available-for-sale, gross unrealized gains	133,000	27,000
Securities available-for-sale, gross unrealized losses	(369,000)	(681,000)
Securities available for sale	33,089,000	33,530,000
Securities held-to-maturity, amortized cost	47,245,000	43,167,000
Securities held-to-maturity, gross unrealized gains	1,951,000	833,000
Securities held-to-maturity, gross unrealized losses	(272,000)	(332,000)
Securities held to maturity	$ 48,924,000	$ 43,668,000

Note 5 - Securities - Investmen

Note 5 - Securities - Investments Classified by Contractual Maturity Date (Details)	Jun. 30, 2016USD ($)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale Securities, without single maturity date, Amortized Cost	$ 13,124,000
Available-for-sale Securities, without single maturity date, Fair Value	13,039,000
Held-to-maturity Securities, without single maturity date, Amortized Cost	3,497,000
Held-to-maturity Securities, without single maturity date, Fair Value	3,528,000
Residential Mortgage Backed Securities [Member]
Available-for-sale Securities, without single maturity date, Amortized Cost	11,315,000
Available-for-sale Securities, without single maturity date, Fair Value	11,307,000
Held-to-maturity Securities, without single maturity date, Amortized Cost	3,172,000
Held-to-maturity Securities, without single maturity date, Fair Value	3,197,000
Securities Portfolio Without CRA [Member]
Available-for-sale Securities, without single maturity date, Amortized Cost	30,902,000
Available-for-sale Securities, without single maturity date, Fair Value	30,632,000
Held-to-maturity Securities, without single maturity date, Amortized Cost	47,245,000
Held-to-maturity Securities, without single maturity date, Fair Value	48,924,000
Due in one year or less	0
Due in one year or less	0
Due in one year or less	8,058,000
Due in one year or less	8,067,000
Due in one year through five years	3,081,000
Due in one year through five years	3,107,000
Due in one year through five years	4,405,000
Due in one year through five years	4,567,000
Due in five years through ten years	175,000
Due in five years through ten years	175,000
Due in five years through ten years	3,819,000
Due in five years through ten years	4,085,000
Due after ten years	3,207,000
Due after ten years	3,004,000
Due after ten years	24,294,000
Due after ten years	25,480,000
Available-for-sale, amortized cost	6,463,000
Available-for-sale, fair value	6,286,000
Held-to-maturity, amortized cost	40,576,000
Held-to-maturity, fair value	$ 42,199,000

Note 5 - Securities - Securitie

Note 5 - Securities - Securities in a Continuous Unrealized Loss Position (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member]
Less than 12 Months Fair Value	$ 1,095,000	$ 1,238,000
Less than 12 Months Unrealized Losses	(8,000)	(3,000)
12 Months or More Fair Value	0	0
12 Months or More Unrealized Losses	0	0
Total Fair Value	1,095,000	1,238,000
Total Unrealized Losses	(8,000)	(3,000)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Less than 12 Months Fair Value	372,000	11,946,000
Less than 12 Months Unrealized Losses	(1,000)	(151,000)
12 Months or More Fair Value	8,149,000	5,006,000
12 Months or More Unrealized Losses	(106,000)	(95,000)
Total Fair Value	8,521,000	16,952,000
Total Unrealized Losses	(107,000)	(246,000)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 Months Fair Value		5,858,000
Less than 12 Months Unrealized Losses		(5,000)
12 Months or More Fair Value		498,000
12 Months or More Unrealized Losses		(4,000)
Total Fair Value		6,356,000
Total Unrealized Losses		(9,000)
Residential Mortgage Backed Securities [Member]
Less than 12 Months Fair Value	0	8,284,000
Less than 12 Months Unrealized Losses	0	(72,000)
12 Months or More Fair Value	5,714,000	6,861,000
12 Months or More Unrealized Losses	(60,000)	(260,000)
Total Fair Value	5,714,000	15,145,000
Total Unrealized Losses	(60,000)	(332,000)
Corporate Debt Securities [Member]
Less than 12 Months Fair Value	0	496,000
Less than 12 Months Unrealized Losses	0	(1,000)
12 Months or More Fair Value	2,850,000	2,907,000
12 Months or More Unrealized Losses	(466,000)	(407,000)
Total Fair Value	2,850,000	3,403,000
Total Unrealized Losses	$ (466,000)	(408,000)
CRA Mutual Fund [Member]
Less than 12 Months Fair Value		2,382,000
Less than 12 Months Unrealized Losses		(15,000)
12 Months or More Fair Value		0
12 Months or More Unrealized Losses		0
Total Fair Value		2,382,000
Total Unrealized Losses		$ (15,000)

Note 6 - Loans Receivable and36

Note 6 - Loans Receivable and Allowance for Loan Losses (Details Textual)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015	Jun. 30, 2016USD ($)	Jun. 30, 2015	Dec. 31, 2015USD ($)
Non Accrual Loans [Member]
Financing Receivable, Modifications, Number of Contracts			2		3
Commercial Loan's Collateral Value Affected by An Environmental Issue [Member]
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 331,000		$ 331,000
Financing Receivable, Modifications, Recorded Investment	8,700,000		8,700,000		$ 10,800,000
Financing Receivable Modifications Recorded Investment Current	8,500,000		8,500,000		9,300,000
Financing Receivable Modifications Non Accrual Status Recorded Investment	158,000		158,000		1,500,000
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 339,000		$ 339,000		$ 49,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0	0	0

Note 6 - Loans Receivable and37

Note 6 - Loans Receivable and Allowance for Loan Losses - Components of Loan Portfolio (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Loans	$ 99,642,000		$ 100,154,000
Allowance for loan losses	(905,000)	$ (871,000)	(990,000)	$ (923,000)	$ (1,023,000)	$ (1,044,000)
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Loans	95,119,000		104,231,000
Allowance for loan losses	(1,165,000)	(1,281,000)	(1,283,000)	(1,704,000)	(1,508,000)	(1,454,000)
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans	452,777,000		422,665,000
Allowance for loan losses	(6,495,000)	(5,881,000)	(5,599,000)	(4,933,000)	(4,586,000)	(4,624,000)
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Loans	50,166,000		39,524,000
Allowance for loan losses	(387,000)	(340,000)	(304,000)	(301,000)	(262,000)	(223,000)
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Loans	29,265,000		27,136,000
Allowance for loan losses	(241,000)	(254,000)	(242,000)	(328,000)	(535,000)	(565,000)
Loans	726,969,000		693,710,000
Allowance for loan losses	(9,418,000)	$ (8,963,000)	(8,713,000)	$ (8,295,000)	$ (8,082,000)	$ (8,069,000)
Unearned fees	(555,000)		(560,000)
Net Loans	$ 716,996,000		$ 684,437,000

Note 6 - Loans Receivable and38

Note 6 - Loans Receivable and Allowance for Loan Losses - Past Due Financing Receivables (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	$ 12,000	$ 107,000
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	407,000	0
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	118,000	31,000
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Past due	537,000	138,000
Current	99,105,000	100,016,000
Loans	99,642,000	100,154,000
Loans receivable >90 days and still accruing	0	0
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	0	0
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	150,000	150,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	0	0
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Past due	150,000	150,000
Current	94,969,000	104,081,000
Loans	95,119,000	104,231,000
Loans receivable >90 days and still accruing	0	0
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	335,000	112,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	180,000	0
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	794,000	2,075,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Past due	1,309,000	2,187,000
Current	451,468,000	420,478,000
Loans	452,777,000	422,665,000
Loans receivable >90 days and still accruing	0	0
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	0	0
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	243,000	0
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	542,000	796,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Past due	785,000	796,000
Current	49,381,000	38,728,000
Loans	50,166,000	39,524,000
Loans receivable >90 days and still accruing	0	0
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	198,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	0	0
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	0	0
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Past due	198,000	0
Current	29,067,000	27,136,000
Loans	29,265,000	27,136,000
Loans receivable >90 days and still accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	545,000	219,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	980,000	150,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	1,454,000	2,902,000
Past due	2,979,000	3,271,000
Current	723,990,000	690,439,000
Loans	726,969,000	693,710,000
Loans receivable >90 days and still accruing	$ 0	$ 0

Note 6 - Loans Receivable and39

Note 6 - Loans Receivable and Allowance for Loan Losses - Financing Receivables, Non Accrual Status (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Non-accrual loans	$ 118,000	$ 138,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Non-accrual loans	0	0
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Non-accrual loans	794,000	2,244,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Non-accrual loans	785,000	796,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Non-accrual loans	0	0
Non-accrual loans	$ 1,697,000	$ 3,178,000

Note 6 - Loans Receivable and40

Note 6 - Loans Receivable and Allowance for Loan Losses - Troubled Debt Restructurings on Financing Receivables (Details) - Commercial Portfolio Segment [Member] - Commercial and Industrial Loans [Member]	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Number of contracts	0	5	1	6
Pre-modification recorded investment	$ 0	$ 3,179,000	$ 257,000	$ 3,227,000
Post-modification recorded investment	$ 0	$ 3,179,000	$ 257,000	$ 3,227,000

Note 6 - Loans Receivable and41

Note 6 - Loans Receivable and Allowance for Loan Losses - Impaired Financing Receivables (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Recorded investment, net of charge-offs, with no related allowance recorded	$ 375,000		$ 375,000		$ 652,000
Unpaid principal balance, with no related allowance recorded	375,000		375,000		652,000
Average recorded investment, with no related allowance recorded	382,000	$ 2,502,000	385,000	$ 1,799,000
Interest income recognized, with no related allowance recorded	5,000	63,000	8,000	75,000
Recorded investment, net of charge-offs, with an allowance recorded	3,733,000		3,733,000		3,305,000
Unpaid principal balance, with an allowance recorded	3,733,000		3,733,000		3,305,000
Related allowance	8,000		8,000		49,000
Average recorded investment, with an allowance recorded	3,769,000	0	3,776,000	0
Interest income recognized, with an allowance recorded	45,000	0	89,000	0
Recorded investment, net of charge-offs	4,108,000		4,108,000		3,957,000
Unpaid principal balance	4,108,000		4,108,000		3,957,000
Average recorded investment	4,151,000	2,502,000	4,161,000	1,799,000
Interest income recognized	50,000	63,000	97,000	75,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Recorded investment, net of charge-offs, with no related allowance recorded	3,226,000		3,226,000		3,855,000
Unpaid principal balance, with no related allowance recorded	3,226,000		3,226,000		3,855,000
Average recorded investment, with no related allowance recorded	3,271,000	5,695,000	3,268,000	6,229,000
Interest income recognized, with no related allowance recorded	35,000	34,000	69,000	104,000
Recorded investment, net of charge-offs, with an allowance recorded	0		0		0
Unpaid principal balance, with an allowance recorded	0		0		0
Related allowance	0		0		0
Average recorded investment, with an allowance recorded	0	0	0	0
Interest income recognized, with an allowance recorded	0	0	0	0
Recorded investment, net of charge-offs	3,226,000		3,226,000		3,855,000
Unpaid principal balance	3,226,000		3,226,000		3,855,000
Average recorded investment	3,271,000	5,695,000	3,268,000	6,229,000
Interest income recognized	35,000	34,000	69,000	104,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Recorded investment, net of charge-offs, with no related allowance recorded	1,247,000		1,247,000		3,267,000
Unpaid principal balance, with no related allowance recorded	1,247,000		1,247,000		3,542,000
Average recorded investment, with no related allowance recorded	1,257,000	12,069,000	1,286,000	11,579,000
Interest income recognized, with no related allowance recorded	22,000	100,000	32,000	194,000
Recorded investment, net of charge-offs, with an allowance recorded	444,000		444,000		0
Unpaid principal balance, with an allowance recorded	444,000		444,000		0
Related allowance	331,000		331,000		0
Average recorded investment, with an allowance recorded	444,000	0	444,000	0
Interest income recognized, with an allowance recorded	0	0	0	0
Recorded investment, net of charge-offs	1,691,000		1,691,000		3,267,000
Unpaid principal balance	1,691,000		1,691,000		3,542,000
Average recorded investment	1,701,000	12,069,000	1,730,000	11,579,000
Interest income recognized	22,000	100,000	32,000	194,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Recorded investment, net of charge-offs, with no related allowance recorded	1,164,000		1,164,000		1,178,000
Unpaid principal balance, with no related allowance recorded	1,164,000		1,164,000		1,178,000
Average recorded investment, with no related allowance recorded	1,167,000	1,081,000	1,171,000	1,082,000
Interest income recognized, with no related allowance recorded	5,000	4,000	9,000	9,000
Recorded investment, net of charge-offs, with an allowance recorded	0		0		0
Unpaid principal balance, with an allowance recorded	0		0		0
Related allowance	0		0		0
Average recorded investment, with an allowance recorded	0	0	0	0
Interest income recognized, with an allowance recorded	0	0	0	0
Recorded investment, net of charge-offs	1,164,000		1,164,000		1,178,000
Unpaid principal balance	1,164,000		1,164,000		1,178,000
Average recorded investment	1,167,000	1,081,000	1,171,000	1,082,000
Interest income recognized	5,000	4,000	9,000	9,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Recorded investment, net of charge-offs, with no related allowance recorded	0		0		209,000
Unpaid principal balance, with no related allowance recorded	0		0		209,000
Average recorded investment, with no related allowance recorded	0	423,000	0	429,000
Interest income recognized, with no related allowance recorded	0	3,000	0	5,000
Recorded investment, net of charge-offs, with an allowance recorded	0		0		0
Unpaid principal balance, with an allowance recorded	0		0		0
Related allowance	0		0		0
Average recorded investment, with an allowance recorded	0	0	0	0
Interest income recognized, with an allowance recorded	0	0	0	0
Recorded investment, net of charge-offs	0		0		209,000
Unpaid principal balance	0		0		209,000
Average recorded investment	0	423,000	0	429,000
Interest income recognized	0	3,000	0	5,000
Related allowance	339,000		339,000		49,000
Recorded investment, net of charge-offs	10,189,000		10,189,000		12,466,000
Unpaid principal balance	10,189,000		10,189,000		$ 12,741,000
Average recorded investment	10,290,000	21,770,000	10,330,000	21,118,000
Interest income recognized	$ 112,000	$ 204,000	$ 207,000	$ 387,000

Note 6 - Loans Receivable and42

Note 6 - Loans Receivable and Allowance for Loan Losses - Financing Receivable Credit Quality Indicators (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Pass [Member]
Loans	$ 92,677,000	$ 96,038,000
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans	3,114,000	159,000
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	3,851,000	3,957,000
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Loans	99,642,000	100,154,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Pass [Member]
Loans	91,743,000	100,376,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Special Mention [Member]
Loans	1,915,000	1,830,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Substandard [Member]
Loans	1,461,000	2,025,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member] | Doubtful [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Loans	95,119,000	104,231,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Pass [Member]
Loans	445,586,000	414,872,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Special Mention [Member]
Loans	5,971,000	4,667,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Substandard [Member]
Loans	1,220,000	3,126,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Doubtful [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans	452,777,000	422,665,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Pass [Member]
Loans	49,381,000	38,631,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Special Mention [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Substandard [Member]
Loans	785,000	893,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member] | Doubtful [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Loans	50,166,000	39,524,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Pass [Member]
Loans	28,830,000	26,891,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Special Mention [Member]
Loans	235,000	38,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Substandard [Member]
Loans	200,000	207,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member] | Doubtful [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Loans	29,265,000	27,136,000
Pass [Member]
Loans	708,217,000	676,808,000
Special Mention [Member]
Loans	11,235,000	6,694,000
Substandard [Member]
Loans	7,517,000	10,208,000
Doubtful [Member]
Loans	0	0
Loans	$ 726,969,000	$ 693,710,000

Note 6 - Loans Receivable and43

Note 6 - Loans Receivable and Allowance for Loan Losses - Allowance for Credit Losses on Financing Receivables (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Allowance for loan losses	$ 905,000	$ 871,000	$ 990,000	$ 923,000	$ 1,023,000	$ 1,044,000
Allowance for loan losses individually evaluated for impairment	8,000		49,000
Allowance for loan losses collectively evaluated for impairment	897,000		941,000
Loans	99,642,000		100,154,000
Loans individually evaluated for impairment	4,108,000		3,957,000
Loans collectively evaluated for impairment	95,534,000		96,197,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Allowance for loan losses	1,165,000	1,281,000	1,283,000	1,704,000	1,508,000	1,454,000
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	1,165,000		1,283,000
Loans	95,119,000		104,231,000
Loans individually evaluated for impairment	3,226,000		3,855,000
Loans collectively evaluated for impairment	91,893,000		100,376,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Allowance for loan losses	6,495,000	5,881,000	5,599,000	4,933,000	4,586,000	4,624,000
Allowance for loan losses individually evaluated for impairment	331,000		0
Allowance for loan losses collectively evaluated for impairment	6,164,000		5,599,000
Loans	452,777,000		422,665,000
Loans individually evaluated for impairment	1,691,000		3,267,000
Loans collectively evaluated for impairment	451,086,000		419,398,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Allowance for loan losses	387,000	340,000	304,000	301,000	262,000	223,000
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	387,000		304,000
Loans	50,166,000		39,524,000
Loans individually evaluated for impairment	1,164,000		1,178,000
Loans collectively evaluated for impairment	49,002,000		38,346,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Allowance for loan losses	241,000	254,000	242,000	328,000	535,000	565,000
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	241,000		242,000
Loans	29,265,000		27,136,000
Loans individually evaluated for impairment	0		209,000
Loans collectively evaluated for impairment	29,265,000		26,927,000
Unallocated Financing Receivables [Member]
Allowance for loan losses	225,000	336,000	295,000	106,000	168,000	159,000
Allowance for loan losses individually evaluated for impairment	0		0
Allowance for loan losses collectively evaluated for impairment	225,000		295,000
Loans	0		0
Loans individually evaluated for impairment	0		0
Loans collectively evaluated for impairment	0		0
Allowance for loan losses	9,418,000	$ 8,963,000	8,713,000	$ 8,295,000	$ 8,082,000	$ 8,069,000
Allowance for loan losses individually evaluated for impairment	339,000		49,000
Allowance for loan losses collectively evaluated for impairment	9,079,000		8,664,000
Loans	726,969,000		693,710,000
Loans individually evaluated for impairment	10,189,000		12,466,000
Loans collectively evaluated for impairment	$ 716,780,000		$ 681,244,000

Note 6 - Change in Allowance fo

Note 6 - Change in Allowance for Credit Losses on Financing Receivables (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Beginning balance	$ 871,000	$ 1,023,000	$ 990,000	$ 1,044,000
Charge-offs	0	0	0	0
Recoveries	4,000	2,000	7,000	4,000
Provision For Loan Losses	30,000	(102,000)	(92,000)	(125,000)
Ending balance	905,000	923,000	905,000	923,000
Commercial Portfolio Segment [Member] | Construction Real Estate Loans [Member]
Beginning balance	1,281,000	1,508,000	1,283,000	1,454,000
Charge-offs	0	0	0	0
Recoveries	4,000	20,000	8,000	20,000
Provision For Loan Losses	(120,000)	176,000	(126,000)	230,000
Ending balance	1,165,000	1,704,000	1,165,000	1,704,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Beginning balance	5,881,000	4,586,000	5,599,000	4,624,000
Charge-offs	0	0	0	0
Recoveries	3,000	0	245,000	0
Provision For Loan Losses	611,000	347,000	651,000	309,000
Ending balance	6,495,000	4,933,000	6,495,000	4,933,000
Consumer Portfolio Segment [Member] | Residential Real Estate Loans [Member]
Beginning balance	340,000	262,000	304,000	223,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision For Loan Losses	47,000	39,000	83,000	78,000
Ending balance	387,000	301,000	387,000	301,000
Consumer Portfolio Segment [Member] | Consumer Loans [Member]
Beginning balance	254,000	535,000	242,000	565,000
Charge-offs	0	0	0	(80,000)
Recoveries	54,000	1,000	55,000	2,000
Provision For Loan Losses	(67,000)	(208,000)	(56,000)	(159,000)
Ending balance	241,000	328,000	241,000	328,000
Unallocated Financing Receivables [Member]
Beginning balance	336,000	168,000	295,000	159,000
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision For Loan Losses	(111,000)	(62,000)	(70,000)	(53,000)
Ending balance	225,000	106,000	225,000	106,000
Beginning balance	8,963,000	8,082,000	8,713,000	8,069,000
Charge-offs	0	0	0	(80,000)
Recoveries	65,000	23,000	315,000	26,000
Provision For Loan Losses	390,000	190,000	390,000	280,000
Ending balance	$ 9,418,000	$ 8,295,000	$ 9,418,000	$ 8,295,000

Note 7 - Stock-based Compensa45

Note 7 - Stock-based Compensation Plans (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Two River Bancorp 2007 Equity Incentive Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term			10 years
Two River Bancorp 2007 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	166,418		166,418
Banking Subsidiaries [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	0		0
Employee Stock Option [Member]
Allocated Share-based Compensation Expense	$ 28,000	$ 29,000	$ 57,000	$ 57,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	234,000		$ 234,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years
Restricted Stock [Member]
Allocated Share-based Compensation Expense	12,000	25,000	$ 23,000	51,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 328 days
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	320,000	150,000	$ 320,000	150,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	36,000	43,000	112,000	73,000
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options	20,000	27,000	73,000	64,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	0	1,000	0	3,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	$ 0	$ 0	$ 0	$ 0
Stock Issued During Period, Shares, Issued for Services	1,000

Note 7 - Stock-based Compensa46

Note 7 - Stock-based Compensation Plans - Outstanding Stock Options (Details)	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Minimum [Member]
Option price range at June 30, 2016 (in dollars per share)	$ 3.01
Maximum [Member]
Option price range at June 30, 2016 (in dollars per share)	$ 9.66
Options outstanding, December 31, 2015 (in shares) | shares	438,056
Options outstanding, December 31, 2015 (in dollars per share)	$ 5.16
Options granted (in shares) | shares	0
Options granted (in dollars per share)	$ 0
Options exercised (in shares) | shares	(19,057)
Options exercised (in dollars per share)	$ 3.82
Options forfeited (in shares) | shares	(376)
Options forfeited (in dollars per share)	$ 5.19
Options outstanding, June 30, 2016 (in shares) | shares	418,623
Options outstanding, June 30, 2016 (in dollars per share)	$ 5.20
Options outstanding, June 30, 2016	5 years
Options outstanding, June 30, 2016 | $	$ 2,369,841
Options exercisable, June 30, 2016 (in shares) | shares	305,944
Options exercisable, June 30, 2016 (in dollars per share)	$ 4.26
Options exercisable, June 30, 2016	4 years
Options exercisable, June 30, 2016 | $	$ 2,020,083

Note 7 - Stock-based Compensa47

Note 7 - Stock-based Compensation Plans - Restricted Stock (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Restricted Stock [Member]
Unvested at December 31, 2015 (in shares) | shares	22,932
Unvested at December 31, 2015 (in dollars per share)	$ 8.36
Restricted stock earned (in dollars per share)	$ 8.36
Unvested at June 30, 2016 (in shares) | shares	36,932
Unvested at June 30, 2016 (in dollars per share)	$ 9.26
Restricted stock earned (in shares) | shares	(2,000)
Restricted stock earned (in dollars per share)	$ 7.90
Restricted stock granted (in shares) | shares	16,000
Restricted stock granted (in dollars per share)	$ 10.39
Unvested at June 30, 2016 (in dollars per share)	$ 7.90

Note 8 - Guarantees (Details Te

Note 8 - Guarantees (Details Textual) $ in Millions	Jun. 30, 2016USD ($)
Letters of Credit Outstanding, Amount	$ 3.1

Note 9 - FHLB and Other Borro49

Note 9 - FHLB and Other Borrowings (Details Textual) - USD ($) $ in Millions	Jun. 30, 2016	May 31, 2016	Dec. 31, 2015
Federal Fund Borrowing Line [Member] | Atlantic Community Bankers Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 10
Federal Home Loan Bank [Member]
Line of Credit Facility, Remaining Borrowing Capacity	57
Pledged Assets Separately Reported, Loans Pledged for Federal Home Loan Bank, at Fair Value	101.4
Advances from Federal Home Loan Banks	$ 23.8		$ 26.5
Federal Home Loan Bank, Advances, Weighted Average Interest Rate	2.47%		2.28%
Letters of Credit Outstanding, Amount		$ 20.1
Unsecured Debt [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 36
Letters of Credit Outstanding, Amount	$ 3.1

Note 9 - FHLB and Other Borro50

Note 9 - FHLB and Other Borrowings - Maturities of Long-term Debt (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fixed Rate Note 1 [Member]
Fixed Rate Note	$ 7,500,000	$ 7,500,000
Fixed Rate Note, Rate	3.97%
Fixed Rate Note, Original Term	10 years
Fixed Rate Note 2 [Member]
Fixed Rate Note	$ 1,500,000	1,500,000
Fixed Rate Note, Rate	2.41%
Fixed Rate Note, Original Term	6 years
Fixed Rate Note 3 [Member]
Fixed Rate Note	$ 1,500,000	1,500,000
Fixed Rate Note, Rate	2.71%
Fixed Rate Note, Original Term	7 years
Fixed Rate Note 4 [Member]
Fixed Rate Note	$ 2,000,000	2,000,000
Fixed Rate Note, Rate	1.28%
Fixed Rate Note, Original Term	4 years
Fixed Rate Note 5 [Member]
Fixed Rate Note	$ 2,000,000	2,000,000
Fixed Rate Note, Rate	1.65%
Fixed Rate Note, Original Term	5 years
Fixed Rate Note 6 [Member]
Fixed Rate Note	$ 0	2,700,000
Fixed Rate Note, Rate	0.60%
Fixed Rate Note, Original Term	1 year
Fixed Rate Note 7 [Member]
Fixed Rate Note	$ 1,000,000	1,000,000
Fixed Rate Note, Rate	0.97%
Fixed Rate Note, Original Term	2 years
Fixed Rate Note 8 [Member]
Fixed Rate Note	$ 1,300,000	1,300,000
Fixed Rate Note, Rate	1.31%
Fixed Rate Note, Original Term	3 years
Fixed Rate Note 9 [Member]
Fixed Rate Note	$ 1,800,000	1,800,000
Fixed Rate Note, Rate	1.59%
Fixed Rate Note, Original Term	4 years
Fixed Rate Note 10 [Member]
Fixed Rate Note	$ 2,700,000	2,700,000
Fixed Rate Note, Rate	1.81%
Fixed Rate Note, Original Term	5 years
Fixed Rate Note 11 [Member]
Fixed Rate Note	$ 2,500,000	2,500,000
Fixed Rate Note, Rate	2.03%
Fixed Rate Note, Original Term	6 years
Fixed Rate Note	$ 23,800,000	$ 26,500,000

Note 9 - FHLB and Other Borro51

Note 9 - FHLB and Other Borrowings - Contractual Maturities of the Repurchase Agreements (Details)	Jun. 30, 2016USD ($)
US Government Agencies Debt Securities [Member] | Maturity Overnight [Member]
Collateral Pledged	$ 1,253,000
US Government Agencies Debt Securities [Member] | Maturity Less than 30 Days [Member]
Collateral Pledged	0
US Government Agencies Debt Securities [Member] | Maturity 30 to 90 Days [Member]
Collateral Pledged	0
US Government Agencies Debt Securities [Member] | Maturity Greater than 90 Days [Member]
Collateral Pledged	0
US Government Agencies Debt Securities [Member]
Collateral Pledged	1,253,000
Residential Mortgage Backed Securities [Member] | Maturity Overnight [Member]
Collateral Pledged	11,011,000
Residential Mortgage Backed Securities [Member] | Maturity Less than 30 Days [Member]
Collateral Pledged	0
Residential Mortgage Backed Securities [Member] | Maturity 30 to 90 Days [Member]
Collateral Pledged	0
Residential Mortgage Backed Securities [Member] | Maturity Greater than 90 Days [Member]
Collateral Pledged	0
Residential Mortgage Backed Securities [Member]
Collateral Pledged	11,011,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Maturity Overnight [Member]
Collateral Pledged	13,494,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Maturity Less than 30 Days [Member]
Collateral Pledged	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Maturity 30 to 90 Days [Member]
Collateral Pledged	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Maturity Greater than 90 Days [Member]
Collateral Pledged	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Collateral Pledged	13,494,000
Maturity Overnight [Member]
Collateral Pledged	25,758,000
Gross amount of recognized liabilities for repurchase agreements and securities lending	0
Excess of collateral pledged over recognized liability	0
Maturity Less than 30 Days [Member]
Collateral Pledged	0
Gross amount of recognized liabilities for repurchase agreements and securities lending	0
Excess of collateral pledged over recognized liability	0
Maturity 30 to 90 Days [Member]
Collateral Pledged	0
Gross amount of recognized liabilities for repurchase agreements and securities lending	0
Excess of collateral pledged over recognized liability	0
Maturity Greater than 90 Days [Member]
Collateral Pledged	0
Gross amount of recognized liabilities for repurchase agreements and securities lending	0
Excess of collateral pledged over recognized liability	0
Collateral Pledged	25,758,000
Gross amount of recognized liabilities for repurchase agreements and securities lending	21,683,000
Excess of collateral pledged over recognized liability	$ 4,075,000

Note 10 - Subordinated Debent52

Note 10 - Subordinated Debentures (Details Textual) - USD ($)	1 Months Ended	6 Months Ended
	Dec. 31, 2015	Jun. 30, 2016
Subordinated Debt [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		4.64%
Subordinated Debt [Member]
Unamortized Debt Issuance Expense		$ 161,000
Debt Instrument, Interest Rate, Effective Percentage		6.67%
Subordinated Debt	$ 9,824,000	$ 9,839,000
Proceeds from Issuance of Subordinated Long-term Debt	$ 10,000,000
Subordinated Borrowing, Interest Rate		6.25%

Note 11 - Fair Value Measurem53

Note 11 - Fair Value Measurements (Details Textual) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 3 [Member]
Marketable Securities	$ 0	$ 0
Liquidation Expenses [Member] | Impaired Loan [Member] | Weighted Average [Member]
Fair Value Inputs, Discount Rate	5.00%	5.00%
Liquidation Expenses [Member] | Impaired Loan [Member]
Fair Value Inputs, Discount Rate	5.00%	5.00%
Liquidation Expenses [Member] | Other Real Estate Owned [Member] | Weighted Average [Member]
Fair Value Inputs, Discount Rate		3.90%
Liquidation Expenses [Member] | Other Real Estate Owned [Member] | Minimum [Member]
Fair Value Inputs, Discount Rate		0.40%
Liquidation Expenses [Member] | Other Real Estate Owned [Member] | Maximum [Member]
Fair Value Inputs, Discount Rate		6.00%
Liquidation Expenses [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Discount Rate		5.95%
Residential Real Estate Loans [Member]
Real Estate Acquired Through Foreclosure	$ 0	$ 153,000
Real Estate Acquired Through Foreclosure	259,000	411,000
Mortgage Loans in Process of Foreclosure, Amount	$ 542,000	$ 542,000
Fair Value of Subordinated Debentures Credit Spread on Variable Rate	5.33%	4.49%

Note 11 - Fair Value Measurem54

Note 11 - Fair Value Measurements - Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	$ 0	$ 0
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	3,467,000	1,238,000
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	3,467,000	1,238,000
US Government Agencies Debt Securities [Member]
Securities available for sale:
Securities available-for-sale	3,467,000	1,238,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	518,000	517,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	518,000	517,000
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale:
Securities available-for-sale	518,000	517,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	13,039,000	14,449,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	13,039,000	14,449,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available for sale:
Securities available-for-sale	13,039,000	14,449,000
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	11,307,000	12,627,000
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Residential Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	11,307,000	12,627,000
Residential Mortgage Backed Securities [Member]
Securities available for sale:
Securities available-for-sale	11,307,000	12,627,000
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	2,301,000	2,317,000
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	2,301,000	2,317,000
Corporate Debt Securities [Member]
Securities available for sale:
Securities available-for-sale	2,301,000	2,317,000
CRA Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	2,457,000	2,382,000
CRA Mutual Fund [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
CRA Mutual Fund [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
CRA Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	2,457,000	2,382,000
CRA Mutual Fund [Member]
Securities available for sale:
Securities available-for-sale	2,457,000	2,382,000
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	2,457,000	2,382,000
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	30,632,000	31,148,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	0	0
Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Securities available-for-sale	33,089,000	33,530,000
Securities available-for-sale	$ 33,089,000	$ 33,530,000

Note 11 - Fair Value Measurem55

Note 11 - Fair Value Measurements - Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Inputs, Level 1 [Member]
Impaired loans, net of allowance recorded	$ 0	$ 0
OREO	0	0
Impaired loans, net of partial charge-offs		0
Fair Value, Inputs, Level 2 [Member]
Impaired loans, net of allowance recorded	0	0
OREO	0	0
Impaired loans, net of partial charge-offs		0
Fair Value, Inputs, Level 3 [Member]
Impaired loans, net of allowance recorded	3,838,000	3,256,000
OREO	259,000	411,000
Impaired loans, net of partial charge-offs		1,389,000
Impaired loans, net of allowance recorded	3,838,000	3,256,000
OREO	$ 259,000	411,000
Impaired loans, net of partial charge-offs		$ 1,389,000

Note 11 - Fair Value Measurem56

Note 11 - Fair Value Measurements - Estimated Fair Values of Financial Instruments (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Reported Value Measurement [Member]
Cash and cash equivalents	$ 31,328,000	$ 46,727,000
Securities available for sale	33,089,000	33,530,000
Securities held to maturity	47,245,000	43,167,000
Restricted stock	3,912,000	3,596,000
Loans held for sale	2,849,000	3,050,000
Loans receivable, net	716,996,000	684,437,000
Accrued interest receivable	2,036,000	1,912,000
Deposits	726,264,000	708,436,000
Securities sold under agreements to repurchase	21,683,000	19,545,000
Long-term debt	23,800,000	26,500,000
Subordinated debt	9,839,000	9,824,000
Accrued interest payable	84,000	118,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	31,328,000	46,727,000
Securities available for sale	2,457,000	2,382,000
Securities held to maturity	0	0
Restricted stock	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
Accrued interest receivable	0	0
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Long-term debt	0	0
Subordinated debt	0	0
Accrued interest payable	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents	0	0
Securities available for sale	30,632,000	31,148,000
Securities held to maturity	48,924,000	43,668,000
Restricted stock	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
Accrued interest receivable	544,000	422,000
Deposits	728,294,000	707,908,000
Securities sold under agreements to repurchase	21,683,000	19,545,000
Long-term debt	24,343,000	26,823,000
Subordinated debt	9,837,000	9,823,000
Accrued interest payable	84,000	118,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents	0	0
Securities available for sale	0	0
Securities held to maturity	0	0
Restricted stock	3,912,000	3,596,000
Loans held for sale	2,894,000	3,105,000
Loans receivable, net	713,986,000	676,703,000
Accrued interest receivable	1,492,000	1,490,000
Deposits	0	0
Securities sold under agreements to repurchase	0	0
Long-term debt	0	0
Subordinated debt	0	0
Accrued interest payable	0	0
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	31,328,000	46,727,000
Securities available for sale	33,089,000	33,530,000
Securities held to maturity	48,924,000	43,668,000
Restricted stock	3,912,000	3,596,000
Loans held for sale	2,894,000	3,105,000
Loans receivable, net	713,986,000	676,703,000
Accrued interest receivable	2,036,000	1,912,000
Deposits	728,294,000	707,908,000
Securities sold under agreements to repurchase	21,683,000	19,545,000
Long-term debt	24,343,000	26,882,000
Subordinated debt	9,837,000	9,823,000
Accrued interest payable	84,000	118,000
Securities available for sale	33,089,000	33,530,000
Securities held to maturity	$ 48,924,000	$ 43,668,000

Note 12 - Shareholders' Equity

Note 12 - Shareholders' Equity (Details Textual) - USD ($)	Dec. 15, 2015	Dec. 15, 2014	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Dec. 15, 2015	Jun. 30, 2016	Dec. 31, 2015	Dec. 17, 2015	Aug. 11, 2011
Series C Preferred Stock [Member]
Preferred Stock, Value, Outstanding										$ 12,000,000
Preferred Stock, Shares Issued			0	0			0	0		12,000
Preferred Stock, Liquidation Preference Per Share										$ 1,000
Stock Redeemed or Called During Period, Value	$ 6,000,000	$ 6,000,000
Stock Redeemed or Called During Period, Shares	6,000	6,000
Noncumulative Preferred Stock [Member]
Preferred Stock, Dividend Rate, Percentage						1.00%
Stock Repurchase Program, Authorized Amount									$ 2,000,000
Treasury Stock, Shares, Acquired			0	732			284,732
Treasury Stock, Value, Acquired, Cost Method				$ 6,000	$ 244,000		$ 2,300,000

Note 13 - Subsequent Event (Det

Note 13 - Subsequent Event (Details Textual) - Subsequent Event [Member]	Jul. 20, 2016$ / shares
Cash dividends, per share (in dollars per share)	$ 0.04
Dividends Declared, Price Per Share, Quarterly Increase (Decrease), Percentage	14.30%