SBT Bancorp (SBTB) 10-Q 11 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	SBT Bancorp, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		907,203
Amendment Flag	false
Entity Central Index Key	1,354,174
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Cash and due from banks	$ 10,606	$ 10,118
Interest-bearing deposits with the Federal Reserve Bank and Federal Home Loan Bank	9,622	9,696
Money market mutual funds	566	1
Federal funds sold	50	5
Cash and cash equivalents	20,844	19,820
Investments in available-for-sale securities (at fair value)	75,346	83,805
Federal Home Loan Bank stock, at cost	3,074	1,801
Loans held-for-sale	5,744	5,374
Loans	302,796	286,142
Less allowance for loan losses	2,834	2,761
Loans, net	299,962	283,381
Premises and equipment, net	1,394	1,460
Accrued interest receivable	1,088	1,095
Other real estate owned		105
Bank owned life insurance	7,286	7,184
Other assets	4,963	4,815
Total assets	419,701	408,840
Deposits:
Demand deposits	110,534	117,261
Savings and NOW deposits	164,696	177,158
Time deposits	58,663	61,646
Total deposits	333,893	356,065
Securities sold under agreements to repurchase	2,917	3,921
Federal Home Loan Bank advances	51,500	17,500
Other liabilities	1,683	1,882
Total liabilities	389,993	379,368
Stockholders' equity:
Common stock, no par value; authorized 2,000,000 shares; issued and outstanding 907,203 shares and 906,789 shares, respectively, at 6/30/15, and 898,105 shares and 897,691 shares, respectively, at 12/31/14	10,324	10,127
Retained earnings	10,933	10,549
Treasury stock, 414 shares	(7)	(7)
Unearned compensation-restricted stock awards	(322)	(207)
Accumulated other comprehensive (loss) income	(214)	22
Total stockholders' equity	29,708	29,472
Total liabilities and stockholders' equity	419,701	408,840
Series C Preferred Stock, Senior, Non-Cumulative Perpetual [Member]
Stockholders' equity:
Preferred stock, senior non-cumulative perpetual, Series C, no par; 9,000 shares issued and outstanding at June 30, 2015 and December 31, 2014; liquidation value of $1,000 per share	$ 8,994	$ 8,988

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Common stock, par value (in Dollars per share)	$ 0	$ 0
Common stock, shares authorized shares	2,000,000	2,000,000
Common stock, shares issued	907,203	898,105
Common stock, shares outstanding	906,789	897,691
Treasury stock, shares	414	414
Series C Preferred Stock, Senior, Non-Cumulative Perpetual [Member]
Preferred stock, par value (in Dollars per share)	$ 0	$ 0
Preferred stock, shares issued	9,000	9,000
Preferred stock shares outstanding	9,000	9,000
Preferred stock, liquidation value per share (in Dollars per share)	$ 1,000	$ 1,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest and dividend income:
Interest and fees on loans	$ 2,687	$ 2,543	$ 5,328	$ 5,154
Investment securities	409	440	842	920
Federal funds sold and overnight deposits	5	21	12	32
Total interest and dividend income	3,101	3,004	6,182	6,106
Interest expense:
Deposits	188	222	374	434
Federal Home Loan Bank advances	18	5	25	7
Repurchase agreements	1	1	2	2
Total interest expense	207	228	401	443
Net interest and dividend income	2,894	2,776	5,781	5,663
Provision for loan losses	30		80	30
Net interest and dividend income after provision for loan losses	2,864	2,776	5,701	5,633
Noninterest income:
Service charges on deposit accounts	101	116	205	234
Gain on sales of available-for-sale securities, net	26	103	69	103
Other service charges and fees	200	141	345	350
Increase in cash surrender value of life insurance policies	51	48	102	96
Mortgage banking activities	309	82	444	154
Investment services fees and commissions	77	68	111	129
Other income	42	47	60	51
Total noninterest income	806	605	1,336	1,117
Noninterest expense:
Salaries and employee benefits	1,703	1,603	3,282	3,576
Occupancy expense	328	320	706	667
Equipment expense	100	127	202	228
Advertising and promotions	152	181	256	284
Forms and supplies	45	59	77	94
Professional fees	147	133	252	210
Directors’ fees	63	64	114	131
Correspondent charges	92	51	121	131
FDIC assessment	78	102	156	205
Data processing	189	175	333	320
Other expenses	369	501	735	830
Total noninterest expense	3,266	3,316	6,234	6,676
Income before income taxes	404	65	803	74
Income tax provision (benefit)	54	(50)	110	(119)
Net income	350	115	693	193
Net income available to common stockholders	$ 316	$ 89	$ 633	$ 142
Weighted average shares outstanding, basic (in Shares)	888,587	881,861	888,290	880,973
Earnings per common share, basic (in Dollars per share)	$ 0.36	$ 0.10	$ 0.71	$ 0.16
Weighted average shares outstanding, assuming dilution (in Shares)	889,611	884,675	889,090	885,673
Earnings per common share, assuming dilution (in Dollars per share)	$ 0.36	$ 0.10	$ 0.71	$ 0.16

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 350	$ 115	$ 693	$ 193
Other comprehensive (loss) income, net of tax:
Net change in unrealized holding gain (loss) on securities available for sale	(857)	1,080	(289)	2,234
Reclassification adjustment for realized gains in net income	(26)	(103)	(69)	(103)
Other comprehensive (loss) income, before tax	(883)	977	(358)	2,131
Income tax benefit (expense)	299	(332)	122	(725)
Other comprehensive (loss) income, net of tax	(584)	645	(236)	1,406
Comprehensive (loss) income	$ (234)	$ 760	$ 457	$ 1,599

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Stockholders' Equity [Unaudited] - USD ($) $ in Thousands	Series C Preferred Stock [Member]Preferred Stock [Member]	Common Stock [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Unallocated Employee Stock Ownership Plan [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance at Dec. 31, 2013	$ 8,976	$ 10,136	$ 10,347	$ (7)	$ (401)	$ (1,655)	$ 27,396
Net income			193				193
Other comprehensive income (loss), net of tax effect						1,406	1,406
Preferred stock dividend-SBLF			(45)				(45)
Preferred stock amortization (accretion)	6		(6)
Stock based compensation					80		80
Dividends declared common stock			(252)				(252)
Common stock issued		19					19
Ending balance at Jun. 30, 2014	8,982	10,155	10,237	(7)	(321)	(249)	28,797
Beginning balance at Dec. 31, 2014	8,988	10,127	10,549	(7)	(207)	22	29,472
Net income			693				693
Other comprehensive income (loss), net of tax effect						(236)	(236)
Preferred stock dividend-SBLF			(54)				(54)
Preferred stock amortization (accretion)	6		(6)
Stock based compensation					62		62
Dividends declared common stock			(249)				(249)
Restricted stock awards		177			(177)
Common stock issued		20					20
Ending balance at Jun. 30, 2015	$ 8,994	$ 10,324	$ 10,933	$ (7)	$ (322)	$ (214)	$ 29,708

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 693	$ 193
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Amortization of securities, net	202	198
Gain on sales of available-for-sale securities	(69)	(103)
Change in deferred origination costs, net	(53)	(18)
Provision for loan losses	80	30
Loans originated for sale	(37,395)	(16,183)
Proceeds from sales of loans	37,527	8,497
Gains on sales of loans	(502)	(110)
(Gain) loss on sale of other real estate owned	(9)	49
Depreciation and amortization	140	201
Accretion on impairment of operating lease	(22)	(22)
Increase in other assets	(44)	(442)
Decrease in interest receivable	7	23
Decrease (increase) in taxes receivable	18	(120)
Increase in cash surrender value of bank owned life insurance	(102)	(96)
Stock-based compensation	62	80
Decrease in other liabilities	(231)	(33)
Increase in interest payable	54	35
Net cash provided by (used in) operating activities	356	(7,822)
Cash flows from investing activities:
Purchases (redemptions) of Federal Home Loan Bank stock	(1,273)	376
Purchases of available-for-sale securities	(316)
Proceeds from maturities of available-for-sale securities	7,158	3,918
Proceeds from sales of available-for-sale securities	1,126	1,139
Loan originations and principal collections, net	(11,495)	10,793
Loans purchased	(5,121)	(2,897)
Recoveries of loans previously charged off	8	13
Purchase of bank owned life insurance		(250)
Proceeds from sale of other real estate owned	114
Capital expenditures	(74)	(195)
Net cash (used in) provided by investing activities	(9,873)	12,897
Cash flows from financing activities:
Net decrease in demand deposits, NOW and savings accounts	(19,189)	(9,508)
Decrease in time deposits	(2,983)	(3,560)
Net decrease in securities sold under agreements to repurchase	(1,004)	(1,513)
Proceeds from (paydown of) Federal Home Loan Bank advances	34,000	(6,000)
Proceeds from issuance of common stock	20	19
Dividends paid - preferred stock	(54)	(45)
Dividends paid - common stock	(249)	(252)
Net cash provided by (used in) financing activities	10,541	(20,859)
Net increase (decrease) in cash and cash equivalents	1,024	(15,784)
Cash and cash equivalents at beginning of period	19,820	38,590
Cash and cash equivalents at end of period	20,844	22,806
Supplemental disclosures:
Interest paid	347	408
Income taxes paid	$ 92	1
Loan transferred to other real estate owned		$ 744

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Basis of Accounting [Text Block]	NOTE 1 – BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and the instructions to Form 10-Q and, accordingly, do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all necessary adjustments, consisting of only normal recurring accruals, to present fairly the financial position, results of operations, cash flows and changes in stockholders’ equity of SBT Bancorp, Inc. (the “Company”) for the periods presented. The Company’s only business is its investment in The Simsbury Bank & Trust Company, Inc. (the “Bank”), which is a community-oriented financial institution providing a variety of banking and investment services. In preparing the interim financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the dates of the balance sheets and revenues and expenses for the periods presented. Actual results could differ significantly from those estimates. The interim results of operations are not necessarily indicative of the results to be expected for the full year ending December 31, 2015. While management believes that the disclosures presented are adequate so as to not make the information misleading, it is suggested that these condensed consolidated financial statements be read in conjunction with the financial statements and notes included in the Company’s Form 10-K for the year ended December 31, 2014.

Note 2 - Stock-based Compensati

Note 2 - Stock-based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	NOTE 2 – STOCK-BASED COMPENSATION At June 30, 2015, the Company maintained a stock-based employee compensation plan. The Company recognizes the cost resulting from all share-based payment transactions in the condensed consolidated financial statements and establishes fair value as the measurement objective in accounting for share-based payment arrangements. During the six months ended June 30, 2015, the Company recognized $62 thousand in stock-based employee compensation expense. During the six months ended June 30, 2014, the Company recognized $80 thousand in stock-based employee compensation expense.

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS In January 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (“ASU”) 2014-01, “Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects.” The amendments in this ASU apply to all reporting entities that invest in qualified affordable housing projects through limited liability entities that are flow-through entities for tax purposes as follows: 1. For reporting entities that meet the conditions for and that elect to use the proportional amortization method to account for investments in qualified affordable housing projects, all amendments in this ASU apply. 2. For reporting entities that do not meet the conditions for or that do not elect the proportional amortization method, only the amendments in this ASU that are related to disclosures apply . The amendments in this ASU permit reporting entities to make an accounting policy election to account for their investments in qualified affordable housing projects using the proportional amortization method if certain conditions are met. Under the proportional amortization method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance in the income statement as a component of income tax expense (benefit). For those investments in qualified affordable housing projects not accounted for using the proportional amortization method, the investment should be accounted for as an equity method investment or a cost method investment in accordance with Subtopic 970-323. The amendments in this ASU should be applied retrospectively to all periods presented. A reporting entity that uses the effective yield method to account for its investments in qualified affordable housing projects before the date of adoption may continue to apply the effective yield method for those preexisting investments. The amendments in this ASU are effective for annual periods and interim reporting periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In January 2014, the FASB issued ASU 2014-04, “Receivables-Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure.” The objective of the amendments in this ASU is to reduce diversity by clarifying when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The amendments in this ASU clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (i) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (ii) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, the amendments require interim and annual disclosure of both (i) the amount of foreclosed residential real estate property held by the creditor and (ii) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The Company can elect to adopt the amendments in this ASU using either a modified retrospective transition method or a prospective transition method. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (ASU) 2014-09, “Revenue from Contracts with Customers (Topic 606).” The objective of this ASU is to clarify principles for recognizing revenue and to develop a common revenue standard for GAAP and International Financial Reporting Standards. The guidance in this ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. The core principal of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The amendments in this update are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. However, in July 2015, the FASB voted to approve deferring the effective date by one year (i.e., interim and annual reporting periods beginning after December 15, 2017). Early adoption is permitted, but not before the original effective date (i.e., interim and annual reporting periods beginning after December 15, 2016). The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In June 2014, the FASB issued ASU 2014-11, “Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures.” The amendments in this ASU require two accounting changes. First, the amendments in this ASU change the accounting for repurchase-to-maturity transactions to secured borrowing accounting. Second, for repurchase financing arrangements, the amendments require separate accounting for a transfer of a financial asset executed contemporaneously with a repurchase agreement with the same counterparty, which will result in secured borrowing accounting for the repurchase agreement. This ASU also includes new disclosure requirements. The accounting changes in this Update are effective for the first interim or annual period beginning after December 15, 2014. An entity is required to present changes in accounting for transactions outstanding on the effective date as a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. Earlier application is prohibited. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements. In June 2014, the FASB issued ASU 2014-12, “Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period.” The amendments in this ASU require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. A reporting entity should apply existing guidance in Topic 718 as it relates to awards with performance conditions that affect vesting to account for such awards. This ASU is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. Earlier adoption is permitted. ASU 2014-12 may be adopted either (a) prospectively to all awards granted or modified after the effective date or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements, and to all new or modified awards thereafter. If retrospective transition is adopted, the cumulative effect of applying this update as of the beginning of the earliest annual period presented in the financial statements should be recognized as an adjustment to the opening retained earnings balance at that date. The Company anticipates that the adoption of this guidance will not have a material impact on its consolidated financial statements. In August 2014, the FASB issued ASU 2014-13, “Consolidation (Topic 810): Measuring the Financial Assets and the Financial Liabilities of a Consolidated Collateralized Financing Entity.” This ASU applies to entities that meet the following criteria: 1. Entities that are required to consolidate a collateralized entity under the Variable Interest Entities guidance; 2. Entities that measure all of the financial assets and the financial liabilities of that consolidated collateralized financing entity at fair value in the consolidated financial statements based on other FASB rules; and 3. those changes in fair value are reflected in earnings. Under ASU 2014-13, entities that meet these criteria are provided an alternative under which they can choose to eliminate the difference between the fair value of financial assets and financial liabilities of a consolidated collateralized financing entity. If that alternative is not elected, then ASU 2014-13 indicates that the fair value of the financial assets and the fair value of the financial liabilities of the consolidated collateralized financing entity should be measured in accordance with Accounting Standards Codification (ASC) 820, “Fair Value Measurement,” and differences between the fair value of the financial assets and the financial liabilities of that consolidated collateralized financing entity should be reflected in earnings and attributed to the reporting entity in the consolidated statement of income or loss. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have an impact on its consolidated financial statements. In August 2014, the FASB issued ASU 2014-14, “Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government - Guaranteed Mortgage Loans upon Foreclosure.” The amendments in this ASU require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if the following conditions are met: 1. the loan has a government guarantee that is not separable from the loan before foreclosure; 2. at the time of foreclosure, the creditor has the intent to convey the real estate property to the guarantor and make a claim on the guarantee, and the creditor has the ability to recover under that claim; and 3. at the time of foreclosure, any amount of the claim that is determined on the basis of the fair value of the real estate is fixed. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance (principal and interest) expected to be recovered from the guarantor. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of this ASU did not have an impact on the Company’s consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, In April 2015, the FASB issued ASU 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” The amendments in this ASU require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this ASU. The standard is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The guidance should be applied on a retrospective basis. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles – Goodwill and Other - Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This ASU provides guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The new guidance does not change the accounting for a customer’s accounting for service contracts. ASU 2015-05 is effective for interim and annual reporting periods beginning after December 15, 2015. The Company anticipates that the adoption of this ASU will not have a material impact on its consolidated financial statements.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 4 – FAIR VALUE MEASUREMENTS In accordance with Accounting Standards Codification (“ASC”) 820, the Company groups its financial assets and liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. Level 1 Inputs – Level 2 Inputs – Level 3 Inputs – A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Company did not have any significant transfers of assets or liabilities to or from Levels 1 and 2 of the fair value hierarchy during the six months ended June 30, 2015. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities carried at fair value for June 30, 2015 and December 31, 2014. The Company’s investment in obligations of states and municipalities, mortgage-backed securities and other debt securities available-for-sale are generally classified within Level 2 of the fair value hierarchy. For these securities, we obtain fair value measurements from independent pricing services. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. treasury yield curve, trading levels, market consensus prepayment speeds, credit information, and the instrument’s terms and conditions. Level 3 is for positions that 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. In the absence of such evidence, management’s best estimate is used. Subsequent to inception, management only changes Level 3 inputs and assumptions when corroborated by evidence such as (1) transactions in similar instruments; (2) completed or pending third-party transactions in the underlying investment or comparable entities; (3) subsequent rounds of financing, recapitalization and other transactions across the capital structure; (4) offerings in the equity or debt markets, and (5) changes in financial ratios or cash flows. The Company’s impaired loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using Level 2 inputs based upon appraisals of similar properties obtained from a third party. For Level 3 inputs, fair values are based on management estimates. Other real estate owned values are estimated using Level 2 inputs based upon appraisals of similar properties obtained from a third party. For Level 3 inputs, fair values are based on management estimates. The following summarizes assets measured at fair value at June 30, 2015 and December 31, 2014. A ssets Measured at Fair Value on a Recurring Basis Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) June 30, 2015: Debt securities issued by U.S. government corporations and agencies $ 15,190 $ - $ 15,190 $ - Obligations of states and municipalities 15,228 - 15,228 - Mortgage-backed securities 44,516 - 44,516 - SBA loan pools 412 - 412 - $ 75,346 $ - $ 75,346 $ - December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 18,064 $ - $ 18,064 $ - Obligations of states and municipalities 16,599 - 16,599 - Mortgage-backed securities 48,668 - 48,668 - SBA loan pools 474 - 474 - $ 83,805 $ - $ 83,805 $ - Assets Measured at Fair Value on a Nonrecurring Basis Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) June 30, 2015: Impaired loans $ 392 - - $ 392 $ 392 $ - $ - $ 392 Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) December 31, 2014: Impaired loans $ 433 - - $ 433 Other real estate owned 105 - - 105 $ 538 $ - $ - $ 538 The estimated fair values of the Company’s financial instruments, all of which are held or issued for purposes other than trading, were as follows as of June 30, 2015 and December 31, 2014: June 30, 2015 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 20,844 $ 20,844 $ - $ - $ 20,844 Available-for-sale securities 75,346 - 75,346 - 75,346 Federal Home Loan Bank stock 3,074 3,074 - - 3,074 Loans held-for-sale 5,744 5,698 5,698 Loans, net 299,962 - - 301,789 301,789 Accrued interest receivable 1,088 1,088 - - 1,088 Financial liabilities: Deposits 333,893 - 326,061 - 326,061 Securities sold under agreements to repurchase 2,917 - 2,917 - 2,917 Federal Home Loan Bank advances 51,500 - 51,500 - 51,500 December 31, 2014 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 19,820 $ 19,820 $ - $ - $ 19,820 Available-for-sale securities 83,805 - 83,805 - 83,805 Federal Home Loan Bank stock 1,801 1,801 - - 1,801 Loans held-for-sale 5,374 - - 5,499 5,499 Loans, net 283,381 - - 285,439 285,439 Accrued interest receivable 1,095 1,095 - - 1,095 Financial liabilities: Deposits 356,065 - 356,353 - 356,353 Securities sold under agreements to repurchase 3,921 - 3,921 - 3,921 Federal Home Loan Bank advances 17,500 - 17,500 - 17,500

Note 5 - Earnings Per Common Sh

Note 5 - Earnings Per Common Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 5 – EARNINGS PER COMMON SHARE Basic earnings per common share (“EPS”) excludes dilution and is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. The following information was used in the computation of EPS on both a basic and diluted basis for the three and six months ended June 30, 2015 and 2014: For the three months ended 6/30/15 6/30/14 (In Thousands, Except Per Share Data) Basic earnings per share computation: Net income $ 350 $ 115 Preferred stock net accretion (3 ) (3 ) Cumulative preferred stock dividends (31 ) (23 ) Net income available to common stockholders $ 316 $ 89 Weighted average shares outstanding, basic 888,587 881,861 Basic earnings per share $ 0.36 $ 0.10 Diluted earnings per share computation: Net income $ 350 $ 115 Preferred stock net accretion (3 ) (3 ) Cumulative preferred stock dividends (31 ) (23 ) Net income available to common stockholders $ 316 $ 89 Weighted average shares outstanding, before dilution 888,587 881,861 Dilutive potential shares 1,024 2,814 Weighted average shares outstanding, assuming dilution 889,611 884,675 Diluted earnings per share $ 0.36 $ 0.10 For the six months ended 6/30/15 6/30/14 (In Thousands, Except Per Share Data) Basic earnings per share computation: Net income $ 693 $ 193 Preferred stock net accretion (6 ) (6 ) Cumulative preferred stock dividends (54 ) (45 ) Net income available to common shareholders $ 633 $ 142 Weighted average shares outstanding, basic 888,290 880,973 Basic earnings per share $ 0.71 $ 0.16 Diluted earnings per share computation: Net income $ 693 $ 193 Preferred stock net accretion (6 ) (6 ) Cumulative preferred stock dividends (54 ) (45 ) Net income available to common shareholders $ 633 $ 142 Weighted average shares outstanding, before dilution 888,290 880,973 Dilutive potential shares 800 4,700 Weighted average shares outstanding, assuming dilution 889,090 885,673 Diluted earnings per share $ 0.71 $ 0.16

Note 6 - Investment Securities

Note 6 - Investment Securities	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 6 – INVESTMENT SECURITIES The aggregate fair value and unrealized losses of securities that have been in a continuous unrealized loss position for less than twelve months and for twelve months or more, and are not other than temporarily impaired, were as follows: Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) June 30, 2015: Debt securities issued by U.S. government corporations and agencies $ 3,200 $ 5 $ 4,472 $ 26 $ 7,672 $ 31 Obligations of states and municipalities 3,795 80 1,440 60 5,235 140 Mortgage-backed securities 10,250 136 25,581 581 35,831 717 Total temporarily impaired securities 17,245 221 31,493 667 48,738 888 Other-than-temporarily impaired securities Mortgage-backed securities 17 - 252 26 $ 269 26 Total temporarily impaired and other-than-temporarily impaired securities $ 17,262 $ 221 $ 31,745 $ 693 $ 49,007 $ 914 December 31, 2014: Debt securities issued by U.S. Government corporations and agencies $ 4,486 $ 12 13,077 $ 127 $ 17,563 $ 139 Obligations of states and municipalities 526 12 1,772 40 2,298 52 Mortgage-backed securities 1,422 6 36,550 593 37,972 599 Total temporarily impaired securities 6,434 30 51,399 760 57,833 790 Other-than-temporarily impaired securities: Mortgage-backed securities - - 274 30 274 30 Total temporarily impaired and other- than-temporarily impaired securities $ 6,434 $ 30 51,673 $ 790 $ 58,107 $ 820 The investments in the Company’s investment portfolio that were temporarily impaired as of June 30, 2015 consisted of debt issued by states and municipalities and U.S. government agencies and sponsored enterprises. The Company’s management anticipates that the fair value of securities that are currently impaired will recover to cost basis. As the Company has the ability and intent to hold securities for the foreseeable future, no declines are deemed to be other than temporary, unless otherwise noted above. The following tables summarize the amounts and distribution of the Company’s investment securities held as of June 30, 2015 and December 31, 2014: INVESTMENT PORTFOLIO (In Thousands) June 30, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Loss Value Yield AVAILABLE-FOR-SALE SECURITIES U.S. government and agency securities Due after one to five years $ 14,703 $ 14 $ 31 $ 14,686 1.26 % Due after five to ten years 500 4 - 504 1.85 % Total U.S. government and agency securities 15,203 18 31 15,190 1.28 % State and municipal securities Due after one to five years 376 6 - 382 4.25 % Due after five to ten years 4,758 139 46 4,851 3.66 % Due after ten to fifteen years 7,287 289 50 7,526 4.19 % Due beyond fifteen years 2,512 1 44 2,469 3.20 % Total state and municipal securities 14,933 435 140 15,228 3.86 % Mortgage-backed securities Due after one to five years 465 8 - 473 3.11 % Due after five to ten years 1,674 33 2 1,705 3.33 % Due after ten to fifteen years 26,470 39 346 26,163 2.43 % Due beyond fifteen years 16,543 27 395 16,175 3.07 % Total mortgage-backed securities 45,152 107 743 44,516 2.71 % SBA loan pool Due after five to ten years 382 30 - 412 4.68 % Total SBA loan pool 382 30 - 412 4.68 % Total available-for-sale securities $ 75,670 $ 590 $ 914 $ 75,346 2.66 % INVESTMENT PORTFOLIO (In Thousands) December 31,2014 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Loss Value Yield AVAILABLE-FOR-SALE SECURITIES U.S. government and agency securities Due after one to five years $ 16,702 $ 1 $ 135 $ 16,568 1.21 % Due after five to ten years 1,500 - 4 1,496 1.83 % Total U.S. government and agency securities 18,202 1 139 18,064 1.27 % State and municipal securities Due after one to five years 559 24 - 583 2.26 % Due after five to ten years 4,835 184 31 4,988 3.22 % Due after ten to fifteen years 8,065 445 21 8,489 3.23 % Due beyond fifteen years 2,513 26 - 2,539 3.09 % Total state and municipal securities 15,972 679 52 16,599 3.18 % Mortgage-backed securities Due within one year - - - - - Due after one to five years 588 14 - 602 2.97 % Due after five to ten years 1,846 36 1 1,881 2.25 % Due after ten to fifteen years 28,811 42 360 28,493 1.78 % Due beyond fifteen years 17,912 48 268 17,692 2.38 % Total mortgage-backed securities 49,157 140 629 48,668 2.03 % SBA loan pool Due after ten to fifteen years 440 34 - 474 4.96 % Total SBA loan pool 440 34 - 474 4.96 % Total available-for-sale securities $ 83,771 $ 854 $ 820 $ 83,805 2.36 % During the six months ended June 30, 2015, there were proceeds of $1.1 million from sales of available-for-sale securities. Gross realized gains on these sales amounted to $69 thousand. The tax expense applicable to these gross realized gains amounted to $23 thousand. During the six months ended June 30, 2014, there were proceeds of $1.1 million from sales of available-for-sale securities. Gross realized gains on these sales amounted to $103 thousand. The tax expense applicable to these gross realized gains amounted to $35 thousand.

Note 7 - Loan Information

Note 7 - Loan Information	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 7 – LOAN INFORMATION Loans consisted of the following as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 (In Thousands) Commercial and industrial $ 24,755 $ 19,038 Real estate - construction and land development 18,406 13,234 Real estate - residential 138,138 132,553 Real estate - commercial 46,190 46,982 Municipal 11,262 10,061 Home equity 46,454 46,403 Consumer 16,243 16,576 301,448 284,847 Allowance for loan losses (2,834 ) (2,761 ) Deferred loan origination costs, net 1,348 1,295 Net loans $ 299,962 $ 283,381 The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. General component: The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: residential real estate, commercial real estate, construction, home equity, commercial and consumer. Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies; trends in volume and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions. There were no changes in the Company’s policies or methodology pertaining to the general component of the allowance for loan losses during the six months ended June 30, 2015. The qualitative factors are determined based on the various risk characteristics of each loan segment. Risk characteristics relevant to each portfolio segment are as follows: Residential real estate and home equity: The Company generally does not originate loans with a loan-to-value ratio greater than 80% without obtaining private mortgage insurance for any amounts over 80% and does not grant subprime loans. All loans in this segment are collateralized by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. Commercial real estate: Loans in this segment are primarily owner occupied properties throughout the Farmington Valley in Connecticut. Management continually monitors the financial performance of these loans and the related operating entities. Construction loans: Loans in this segment primarily include real estate development loans for which payment is derived from the sale of the property. Credit risk is affected by cost overruns, time to sell at adequate prices, and market conditions. Commercial loans: Loans in this segment are made to businesses and are generally secured by the assets of the businesses. Repayment is expected from the cash flows of the businesses. A weakened economy will have an effect on the credit quality in this segment. Consumer loans: Loans in this segment are made for the purpose of financing automobiles, various types of consumer goods and other personal purposes. Most of the Company’s consumer loans are secured by personal property purchased with the proceeds of such consumer loans. Allocated component: The allocated component relates to loans that are classified as impaired. Impairment is measured on a loan-by-loan basis for commercial, commercial real estate and construction 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 is established when the discounted cash flows (or collateral value) of the impaired loan are lower than the carrying value of that loan. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not 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. The Company may periodically agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring ("TDR"). All TDRs are initially classified as impaired. Unallocated component: 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 allocated and general reserves in the portfolio. The following tables present the allowance for loan losses by portfolio segment for the six months ended June 30, 2015 and June 30, 2014: Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) June 30, 2015: Allowance for loan losses: Beginning balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Charge-offs - - - - - (15 ) - (15 ) Recoveries - - - - - 8 - 8 Provision (benefit) (15 ) (70 ) 120 (1 ) 44 (3 ) 5 80 Ending balance $ 1,070 $ 668 $ 369 $ 323 $ 271 $ 124 $ 9 $ 2,834 Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) June 30, 2014: Allowance for loan losses: Beginning balance $ 1,174 $ 728 $ 224 $ 301 $ 243 $ 90 $ 32 $ 2,792 Charge-offs (98 ) - - - - - - (98 ) Recoveries 11 - - - 2 - - 13 Provision (benefit) (60 ) (45 ) 159 (6 ) (11 ) 9 (16 ) 30 Ending balance $ 1,027 $ 683 $ 383 $ 295 $ 234 $ 99 $ 16 $ 2,737 The following tables set forth information regarding loans and the allowance for loan losses by portfolio segment as of June 30, 2015 and December 31, 2014: Real Estate: Construction and Land Commercial Residential Commercial Development Home Equity & Industrial Consumer Unallocated Total (In Thousands) June 30, 2015: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 9 $ - $ - $ - Ending balance: Collectively evaluated for impairment 1,070 668 369 323 262 124 9 2,834 Total allowance for loan losses ending balance $ 1,070 $ 668 $ 369 $ 323 $ 271 $ 124 $ 9 $ 2,834 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,184 $ - $ - $ 401 $ - $ - $ 2,585 Ending balance: Collectively evaluated for impairment 138,138 53,478 18,406 46,454 26,144 16,243 - 298,863 Total loans ending balance $ 138,138 $ 55,662 $ 18,406 $ 46,454 $ 26,545 $ 16,243 $ - $ 301,448 Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) December 31, 2014: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 6 $ - $ - $ 6 Ending balance: Collectively evaluated for impairment 1,085 738 249 324 221 134 4 2,755 Total allowance for loan losses ending balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Loans: Ending balance: Individually evaluated for impairment $ 170 $ 860 $ - $ 3 $ 439 $ - $ - $ 1,472 Ending balance: Collectively evaluated for impairment 132,383 54,724 13,234 46,400 20,058 16,576 - 283,375 Total loans ending balance $ 132,553 $ 55,584 $ 13,234 $ 46,403 $ 20,497 $ 16,576 $ - $ 284,847 The following tables present the Company’s loans by risk rating as of June 30, 2015 and December 31, 2014: Real Estate Construction and Land Commercial Residential Commercial Development Home Equity & Industrial Consumer Total (In Thousands) June 30, 2015: Grade: Pass $ - $ 51,431 $ 18,406 $ - $ 21,645 $ - $ 91,482 Special mention - 2,688 - - 1,721 - 4,409 Substandard 773 1,543 - 237 3,179 - 5,732 Loans not formally rated 137,365 - - 46,217 - 16,243 199,825 Total $ 138,138 $ 55,662 $ 18,406 $ 46,454 $ 26,545 $ 16,243 $ 301,448 December 31, 2014: Grade: Pass $ - $ 50,208 $ 11,529 $ - $ 18,380 $ - $ 80,117 Special mention - 3,866 1,705 - 642 - 6,213 Substandard 474 1,510 - 166 1,475 - 3,625 Loans not formally rated 132,079 - - 46,237 - 16,576 194,892 Total $ 132,553 $ 55,584 $ 13,234 $ 46,403 $ 20,497 $ 16,576 $ 284,847 Credit Quality Indicators The Company utilizes a risk rating grading matrix to assign a risk grade to each of its commercial loans. Loans are graded on a scale of 1 to 7. A “Pass” is defined as risk rating 1 through 3.5 . A description of each rating class is as follows: R isk Rating 1 (Superior) Risk Rating 2 (Good) Risk Rating 3 (Satisfactory) – Risk Rating 3.5 (Bankable with Care) Risk Rating 4 (Special Mention) Risk Rating 5 (Substandard) Risk Rating 6 (Doubtful) Risk Rating 7 (Loss) Loans not formally rated include residential, home equity and consumer loans. As of June 30, 2015, $199.8 million of the total residential, home equity and consumer loan portfolio of $200.8 million were not formally rated. As of December 31, 2014, $194.9 million of the total residential, home equity and consumer loan portfolio of $195.5 million were not formally rated. The performance of these loans is measured by delinquency status. The Bank underwrites first mortgage loans in accordance with FHLMC and FNMA guidelines. These guidelines provide for specific requirements with regard to documentation, loan to value and debt to income ratios. Guidelines for home equity loans and lines place a maximum loan to value of 80% on these loans and lines and the Bank requires full underwriting disclosure documentation for these loans. These underwriting factors have produced a loan portfolio with low delinquencies. Total non-accrual and delinquent loans as of June 30, 2015 were 1.13% of total loans outstanding compared to 1.08% of total loans outstanding on December 31, 2014. There were no loans past due 90 days or more and still accruing at June 30, 2015 and December 31, 2014, repectively. The Company’s allowance for loan losses at June 30, 2015 was 0.94% of total loans compared to 0.97% of total loans as of December 31, 2014. An age analysis of past-due loans, segregated by class of loans, as of June 30, 2015 and December 31, 2014 is as follows: 90 Days Total Total Total 30–59 Days 60–89 Days or More Past Due Current Loans (In Thousands) June 30, 2015: Real estate: Residential $ - $ 173 $ 564 $ 737 $ 137,401 $ 138,138 Commercial - - 1,186 1,186 45,004 46,190 Construction and land development - - - - 18,406 18,406 Home equity 107 80 191 378 46,076 46,454 Municipal - - - - 9,472 9,472 Commercial and industrial - - 401 401 24,354 24,755 Municipal - - - - 1,790 1,790 Consumer 86 - - 86 16,157 16,243 Total $ 193 $ 253 $ 2,342 $ 2,788 $ 298,660 $ 301,448 December 31, 2014: Real estate: Residential $ 147 $ - $ 516 $ 663 $ 131,890 $ 132,553 Commercial - - 860 860 46,122 46,982 Construction and land development - - - - 13,234 13,234 Home equity 328 - 77 405 45,998 46,403 Municipal - - - - 8,602 8,602 Commercial and industrial - - 439 439 18,599 19,038 Municipal - - - - 1,459 1,459 Consumer 124 19 - 143 16,433 16,576 Total $ 599 $ 19 $ 1,892 $ 2,510 $ 282,337 $ 284,847 The following table sets forth information regarding nonaccrual loans as of June 30, 2015 and December 31, 2014: Nonaccrual Nonaccrual June 30, 2015 December 31, 2014 Real estate: Residential $ 1,100 $ 1,064 Commercial 1,186 860 Construction and land development - - Home equity 266 165 Commercial and industrial 401 439 Consumer - - Total $ 2,953 $ 2,528 Information about loans that meet the definition of an impaired loan in ASC 310-10-35 is as follows as of and for the six months ended June 30, 2015 and the year ended December 31, 2014: Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) June 30, 2015: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ 27 $ - Commercial 2,184 2,184 - 2,158 36 Home equity - - - - - Construction and land development - - - - - Commercial and industrial - - - - Total impaired with no related allowance $ 2,184 $ 2,184 $ - $ 2,185 $ 36 With an allowance recorded: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 401 401 9 417 - Total impaired with an allowance recorded $ 401 $ 401 $ 9 $ 417 $ - Total Real Estate: Residential $ - $ - $ - $ 27 $ - Commercial 2,184 2,184 - 2,158 36 Home equity - - - - - Construction and land development - - - - - Commercial and industrial 401 401 9 417 - Total impaired loans $ 2,585 $ 2,585 $ 9 $ 2,602 $ 36 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) December 31, 2014: With no related allowance recorded: Real Estate: Residential $ 170 $ 170 $ - $ 172 $ 5 Commercial 860 860 - 896 - Home equity - - - 133 56 Construction and land development 3 3 - 4 - Total impaired with no related allowance $ 1,033 $ 1,033 $ - $ 1,205 $ 61 With an allowance recorded: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 439 439 6 372 - Total impaired with an allowance recorded $ 439 $ 439 $ 6 $ 372 $ - Total Real Estate: Residential $ 170 $ 170 $ - $ 172 $ 5 Commercial 860 860 - 896 - Home equity - - - 133 56 Construction and land development 3 3 - 4 - Commercial and industrial 439 439 6 372 - Total impaired loans $ 1,472 $ 1,472 $ 6 $ 1,577 $ 61 The Bank’s troubled debt restructurings (“TDRs”) are determined by management. TDRs may include all accrued interest, late charges, title and recording fees, and attorney’s fees being added back to the pre-modification balance. In addition, rates and terms of the loans have changed. There were no loans modified as a troubled debt restructuring during the six months ended June 30, 2015. There was one commercial loan that was modified as a troubled debt restructuring during the year ended December 31, 2014. The loan, with a recorded investment of $439 thousand, had its payments temporarily reduced as part of the modification. The loan was individually evaluated for impairment as of December 31, 2014 and it was determined that a $6 thousand specific allowance was required. On June 30, 2015, the loan had a recorded investment of $401 thousand and the specific allowance was increased to $9 thousand. The loan was in nonaccrual status at June 30, 2015 and December 31, 2014. As of June 30, 2015, there were no foreclosed residential real estate properties held by the Company. The recorded investment in consumer mortgage loans collateralized by residential real estate property that were in the process of foreclosure according to local requirements of the applicable jurisdiction amounted to $225 thousand at June 30, 2015. The balance of mortgage servicing rights included in other assets at June 30, 2015 and December 31, 2014 was $1.73 million and $1.58 million, respectively. Mortgage servicing rights of $435 thousand and $531 thousand were capitalized for the six months ended June 30, 2015 and the year ended December 31, 2014, respectively. Amortization of mortgage servicing rights was $286 thousand and $401 thousand for the six months ended June 30, 2015 and the year ended December 31, 2014, respectively. The fair value of these rights was $2.19 million and $2.05 million as of June 30, 2015 and December 31, 2014, respectively. Mortgage loans serviced for others were not included in the accompanying consolidated balance sheets. The unpaid principal balances of mortgage loans serviced for others were $195.0 million and $148.0 million as of June 30, 2015 and December 31, 2014, respectively.

Note 8 - Securities Sold Under

Note 8 - Securities Sold Under Agreements to Repurchase	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]	NOTE 8 – SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE Securities sold under agreements to repurchase consist of funds borrowed from customers on a short-term basis secured by portions of the Company's investment portfolio. The securities which were sold have been accounted for not as sales but as borrowings. The securities consisted of debt securities issued by the U.S. Treasury and other U.S. government sponsored enterprises, corporations and agencies and states and municipalities. The securities were held in safekeeping by Morgan Stanley, under the control of the Company. The purchasers have agreed to sell to the Company substantially identical securities at the maturity of the agreements. The agreements mature generally within three months from date of issue.

Note 9 - Other Comprehensive (L

Note 9 - Other Comprehensive (Loss) Income	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 9 – OTHER COMPREHENSIVE (LOSS) INCOME The following tables present the reclassification disclosure for the three and six months ended June 30, 2015 and 2014: Three months ended: 6/30/2015 6/30/2014 ( In thousands) Net change in unrealized holding gains (losses) on available-for-sale securities $ (857 ) $ 1,080 Reclassification adjustment for realized gains in net income (1) (26 ) (103 ) Other comprehensive (loss) income before income tax effect (883 ) 977 Income tax benefit (expense) 299 (332 ) Other comprehensive (loss) income, net of tax $ (584 ) $ 645 Six months ended : 6/30/2015 6/30/2014 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ (289 ) $ 2,234 Reclassification adjustment for realized gains in net income (1) (69 ) (103 ) Other comprehensive (loss) income before income tax effect (358 ) 2,131 Income tax benefit (expense) 122 (725 ) Other comprehensive (loss) income, net of tax $ (236 ) $ 1,406 (1) Reclassification adjustments are comprised of realized security gains and losses. The gains and losses have been reclassified out of accumulated other comprehensive (loss) income and have affected certain lines in the consolidated statements of income as follows: the pre-tax amount is included in gain on sales of available-for-sale securities, net, the tax expense amount is included in income tax provision (benefit) and the after tax amount is included in net income.

Note 4 - Fair Value Measureme17

Note 4 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) June 30, 2015: Debt securities issued by U.S. government corporations and agencies $ 15,190 $ - $ 15,190 $ - Obligations of states and municipalities 15,228 - 15,228 - Mortgage-backed securities 44,516 - 44,516 - SBA loan pools 412 - 412 - $ 75,346 $ - $ 75,346 $ - December 31, 2014: Debt securities issued by U.S. government corporations and agencies $ 18,064 $ - $ 18,064 $ - Obligations of states and municipalities 16,599 - 16,599 - Mortgage-backed securities 48,668 - 48,668 - SBA loan pools 474 - 474 - $ 83,805 $ - $ 83,805 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) June 30, 2015: Impaired loans $ 392 - - $ 392 $ 392 $ - $ - $ 392 Fair Value Measurements at Reporting Date Using: Quoted Prices in Significant Significant Active Markets for Other Observable Unobservable Identical Assets Inputs Inputs Total Level 1 Level 2 Level 3 (In Thousands) December 31, 2014: Impaired loans $ 433 - - $ 433 Other real estate owned 105 - - 105 $ 538 $ - $ - $ 538
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2015 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 20,844 $ 20,844 $ - $ - $ 20,844 Available-for-sale securities 75,346 - 75,346 - 75,346 Federal Home Loan Bank stock 3,074 3,074 - - 3,074 Loans held-for-sale 5,744 5,698 5,698 Loans, net 299,962 - - 301,789 301,789 Accrued interest receivable 1,088 1,088 - - 1,088 Financial liabilities: Deposits 333,893 - 326,061 - 326,061 Securities sold under agreements to repurchase 2,917 - 2,917 - 2,917 Federal Home Loan Bank advances 51,500 - 51,500 - 51,500 December 31, 2014 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 19,820 $ 19,820 $ - $ - $ 19,820 Available-for-sale securities 83,805 - 83,805 - 83,805 Federal Home Loan Bank stock 1,801 1,801 - - 1,801 Loans held-for-sale 5,374 - - 5,499 5,499 Loans, net 283,381 - - 285,439 285,439 Accrued interest receivable 1,095 1,095 - - 1,095 Financial liabilities: Deposits 356,065 - 356,353 - 356,353 Securities sold under agreements to repurchase 3,921 - 3,921 - 3,921 Federal Home Loan Bank advances 17,500 - 17,500 - 17,500

Note 5 - Earnings Per Common 18

Note 5 - Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the three months ended 6/30/15 6/30/14 (In Thousands, Except Per Share Data) Basic earnings per share computation: Net income $ 350 $ 115 Preferred stock net accretion (3 ) (3 ) Cumulative preferred stock dividends (31 ) (23 ) Net income available to common stockholders $ 316 $ 89 Weighted average shares outstanding, basic 888,587 881,861 Basic earnings per share $ 0.36 $ 0.10 Diluted earnings per share computation: Net income $ 350 $ 115 Preferred stock net accretion (3 ) (3 ) Cumulative preferred stock dividends (31 ) (23 ) Net income available to common stockholders $ 316 $ 89 Weighted average shares outstanding, before dilution 888,587 881,861 Dilutive potential shares 1,024 2,814 Weighted average shares outstanding, assuming dilution 889,611 884,675 Diluted earnings per share $ 0.36 $ 0.10 For the six months ended 6/30/15 6/30/14 (In Thousands, Except Per Share Data) Basic earnings per share computation: Net income $ 693 $ 193 Preferred stock net accretion (6 ) (6 ) Cumulative preferred stock dividends (54 ) (45 ) Net income available to common shareholders $ 633 $ 142 Weighted average shares outstanding, basic 888,290 880,973 Basic earnings per share $ 0.71 $ 0.16 Diluted earnings per share computation: Net income $ 693 $ 193 Preferred stock net accretion (6 ) (6 ) Cumulative preferred stock dividends (54 ) (45 ) Net income available to common shareholders $ 633 $ 142 Weighted average shares outstanding, before dilution 888,290 880,973 Dilutive potential shares 800 4,700 Weighted average shares outstanding, assuming dilution 889,090 885,673 Diluted earnings per share $ 0.71 $ 0.16

Note 6 - Investment Securities

Note 6 - Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) June 30, 2015: Debt securities issued by U.S. government corporations and agencies $ 3,200 $ 5 $ 4,472 $ 26 $ 7,672 $ 31 Obligations of states and municipalities 3,795 80 1,440 60 5,235 140 Mortgage-backed securities 10,250 136 25,581 581 35,831 717 Total temporarily impaired securities 17,245 221 31,493 667 48,738 888 Other-than-temporarily impaired securities Mortgage-backed securities 17 - 252 26 $ 269 26 Total temporarily impaired and other-than-temporarily impaired securities $ 17,262 $ 221 $ 31,745 $ 693 $ 49,007 $ 914 December 31, 2014: Debt securities issued by U.S. Government corporations and agencies $ 4,486 $ 12 13,077 $ 127 $ 17,563 $ 139 Obligations of states and municipalities 526 12 1,772 40 2,298 52 Mortgage-backed securities 1,422 6 36,550 593 37,972 599 Total temporarily impaired securities 6,434 30 51,399 760 57,833 790 Other-than-temporarily impaired securities: Mortgage-backed securities - - 274 30 274 30 Total temporarily impaired and other- than-temporarily impaired securities $ 6,434 $ 30 51,673 $ 790 $ 58,107 $ 820
Available-for-sale Securities [Table Text Block]	INVESTMENT PORTFOLIO (In Thousands) June 30, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Loss Value Yield AVAILABLE-FOR-SALE SECURITIES U.S. government and agency securities Due after one to five years $ 14,703 $ 14 $ 31 $ 14,686 1.26 % Due after five to ten years 500 4 - 504 1.85 % Total U.S. government and agency securities 15,203 18 31 15,190 1.28 % State and municipal securities Due after one to five years 376 6 - 382 4.25 % Due after five to ten years 4,758 139 46 4,851 3.66 % Due after ten to fifteen years 7,287 289 50 7,526 4.19 % Due beyond fifteen years 2,512 1 44 2,469 3.20 % Total state and municipal securities 14,933 435 140 15,228 3.86 % Mortgage-backed securities Due after one to five years 465 8 - 473 3.11 % Due after five to ten years 1,674 33 2 1,705 3.33 % Due after ten to fifteen years 26,470 39 346 26,163 2.43 % Due beyond fifteen years 16,543 27 395 16,175 3.07 % Total mortgage-backed securities 45,152 107 743 44,516 2.71 % SBA loan pool Due after five to ten years 382 30 - 412 4.68 % Total SBA loan pool 382 30 - 412 4.68 % Total available-for-sale securities $ 75,670 $ 590 $ 914 $ 75,346 2.66 % INVESTMENT PORTFOLIO (In Thousands) December 31,2014 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Loss Value Yield AVAILABLE-FOR-SALE SECURITIES U.S. government and agency securities Due after one to five years $ 16,702 $ 1 $ 135 $ 16,568 1.21 % Due after five to ten years 1,500 - 4 1,496 1.83 % Total U.S. government and agency securities 18,202 1 139 18,064 1.27 % State and municipal securities Due after one to five years 559 24 - 583 2.26 % Due after five to ten years 4,835 184 31 4,988 3.22 % Due after ten to fifteen years 8,065 445 21 8,489 3.23 % Due beyond fifteen years 2,513 26 - 2,539 3.09 % Total state and municipal securities 15,972 679 52 16,599 3.18 % Mortgage-backed securities Due within one year - - - - - Due after one to five years 588 14 - 602 2.97 % Due after five to ten years 1,846 36 1 1,881 2.25 % Due after ten to fifteen years 28,811 42 360 28,493 1.78 % Due beyond fifteen years 17,912 48 268 17,692 2.38 % Total mortgage-backed securities 49,157 140 629 48,668 2.03 % SBA loan pool Due after ten to fifteen years 440 34 - 474 4.96 % Total SBA loan pool 440 34 - 474 4.96 % Total available-for-sale securities $ 83,771 $ 854 $ 820 $ 83,805 2.36 %

Note 7 - Loan Information (Tabl

Note 7 - Loan Information (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2015 December 31, 2014 (In Thousands) Commercial and industrial $ 24,755 $ 19,038 Real estate - construction and land development 18,406 13,234 Real estate - residential 138,138 132,553 Real estate - commercial 46,190 46,982 Municipal 11,262 10,061 Home equity 46,454 46,403 Consumer 16,243 16,576 301,448 284,847 Allowance for loan losses (2,834 ) (2,761 ) Deferred loan origination costs, net 1,348 1,295 Net loans $ 299,962 $ 283,381
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) June 30, 2015: Allowance for loan losses: Beginning balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Charge-offs - - - - - (15 ) - (15 ) Recoveries - - - - - 8 - 8 Provision (benefit) (15 ) (70 ) 120 (1 ) 44 (3 ) 5 80 Ending balance $ 1,070 $ 668 $ 369 $ 323 $ 271 $ 124 $ 9 $ 2,834 Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) June 30, 2014: Allowance for loan losses: Beginning balance $ 1,174 $ 728 $ 224 $ 301 $ 243 $ 90 $ 32 $ 2,792 Charge-offs (98 ) - - - - - - (98 ) Recoveries 11 - - - 2 - - 13 Provision (benefit) (60 ) (45 ) 159 (6 ) (11 ) 9 (16 ) 30 Ending balance $ 1,027 $ 683 $ 383 $ 295 $ 234 $ 99 $ 16 $ 2,737 Real Estate: Construction and Land Commercial Residential Commercial Development Home Equity & Industrial Consumer Unallocated Total (In Thousands) June 30, 2015: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 9 $ - $ - $ - Ending balance: Collectively evaluated for impairment 1,070 668 369 323 262 124 9 2,834 Total allowance for loan losses ending balance $ 1,070 $ 668 $ 369 $ 323 $ 271 $ 124 $ 9 $ 2,834 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,184 $ - $ - $ 401 $ - $ - $ 2,585 Ending balance: Collectively evaluated for impairment 138,138 53,478 18,406 46,454 26,144 16,243 - 298,863 Total loans ending balance $ 138,138 $ 55,662 $ 18,406 $ 46,454 $ 26,545 $ 16,243 $ - $ 301,448 Real Estate: Construction and Commercial Residential Commercial Land Development Home Equity & Industrial Consumer Unallocated Total (In thousands) December 31, 2014: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 6 $ - $ - $ 6 Ending balance: Collectively evaluated for impairment 1,085 738 249 324 221 134 4 2,755 Total allowance for loan losses ending balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Loans: Ending balance: Individually evaluated for impairment $ 170 $ 860 $ - $ 3 $ 439 $ - $ - $ 1,472 Ending balance: Collectively evaluated for impairment 132,383 54,724 13,234 46,400 20,058 16,576 - 283,375 Total loans ending balance $ 132,553 $ 55,584 $ 13,234 $ 46,403 $ 20,497 $ 16,576 $ - $ 284,847
Financing Receivable Credit Quality Indicators [Table Text Block]	Real Estate Construction and Land Commercial Residential Commercial Development Home Equity & Industrial Consumer Total (In Thousands) June 30, 2015: Grade: Pass $ - $ 51,431 $ 18,406 $ - $ 21,645 $ - $ 91,482 Special mention - 2,688 - - 1,721 - 4,409 Substandard 773 1,543 - 237 3,179 - 5,732 Loans not formally rated 137,365 - - 46,217 - 16,243 199,825 Total $ 138,138 $ 55,662 $ 18,406 $ 46,454 $ 26,545 $ 16,243 $ 301,448 December 31, 2014: Grade: Pass $ - $ 50,208 $ 11,529 $ - $ 18,380 $ - $ 80,117 Special mention - 3,866 1,705 - 642 - 6,213 Substandard 474 1,510 - 166 1,475 - 3,625 Loans not formally rated 132,079 - - 46,237 - 16,576 194,892 Total $ 132,553 $ 55,584 $ 13,234 $ 46,403 $ 20,497 $ 16,576 $ 284,847
Past Due Financing Receivables [Table Text Block]	90 Days Total Total Total 30–59 Days 60–89 Days or More Past Due Current Loans (In Thousands) June 30, 2015: Real estate: Residential $ - $ 173 $ 564 $ 737 $ 137,401 $ 138,138 Commercial - - 1,186 1,186 45,004 46,190 Construction and land development - - - - 18,406 18,406 Home equity 107 80 191 378 46,076 46,454 Municipal - - - - 9,472 9,472 Commercial and industrial - - 401 401 24,354 24,755 Municipal - - - - 1,790 1,790 Consumer 86 - - 86 16,157 16,243 Total $ 193 $ 253 $ 2,342 $ 2,788 $ 298,660 $ 301,448 December 31, 2014: Real estate: Residential $ 147 $ - $ 516 $ 663 $ 131,890 $ 132,553 Commercial - - 860 860 46,122 46,982 Construction and land development - - - - 13,234 13,234 Home equity 328 - 77 405 45,998 46,403 Municipal - - - - 8,602 8,602 Commercial and industrial - - 439 439 18,599 19,038 Municipal - - - - 1,459 1,459 Consumer 124 19 - 143 16,433 16,576 Total $ 599 $ 19 $ 1,892 $ 2,510 $ 282,337 $ 284,847
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	Nonaccrual Nonaccrual June 30, 2015 December 31, 2014 Real estate: Residential $ 1,100 $ 1,064 Commercial 1,186 860 Construction and land development - - Home equity 266 165 Commercial and industrial 401 439 Consumer - - Total $ 2,953 $ 2,528
Impaired Financing Receivables [Table Text Block]	Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) June 30, 2015: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ 27 $ - Commercial 2,184 2,184 - 2,158 36 Home equity - - - - - Construction and land development - - - - - Commercial and industrial - - - - Total impaired with no related allowance $ 2,184 $ 2,184 $ - $ 2,185 $ 36 With an allowance recorded: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 401 401 9 417 - Total impaired with an allowance recorded $ 401 $ 401 $ 9 $ 417 $ - Total Real Estate: Residential $ - $ - $ - $ 27 $ - Commercial 2,184 2,184 - 2,158 36 Home equity - - - - - Construction and land development - - - - - Commercial and industrial 401 401 9 417 - Total impaired loans $ 2,585 $ 2,585 $ 9 $ 2,602 $ 36 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In Thousands) December 31, 2014: With no related allowance recorded: Real Estate: Residential $ 170 $ 170 $ - $ 172 $ 5 Commercial 860 860 - 896 - Home equity - - - 133 56 Construction and land development 3 3 - 4 - Total impaired with no related allowance $ 1,033 $ 1,033 $ - $ 1,205 $ 61 With an allowance recorded: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 439 439 6 372 - Total impaired with an allowance recorded $ 439 $ 439 $ 6 $ 372 $ - Total Real Estate: Residential $ 170 $ 170 $ - $ 172 $ 5 Commercial 860 860 - 896 - Home equity - - - 133 56 Construction and land development 3 3 - 4 - Commercial and industrial 439 439 6 372 - Total impaired loans $ 1,472 $ 1,472 $ 6 $ 1,577 $ 61

Note 9 - Other Comprehensive 21

Note 9 - Other Comprehensive (Loss) Income (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	Three months ended: 6/30/2015 6/30/2014 ( In thousands) Net change in unrealized holding gains (losses) on available-for-sale securities $ (857 ) $ 1,080 Reclassification adjustment for realized gains in net income (1) (26 ) (103 ) Other comprehensive (loss) income before income tax effect (883 ) 977 Income tax benefit (expense) 299 (332 ) Other comprehensive (loss) income, net of tax $ (584 ) $ 645 Six months ended : 6/30/2015 6/30/2014 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ (289 ) $ 2,234 Reclassification adjustment for realized gains in net income (1) (69 ) (103 ) Other comprehensive (loss) income before income tax effect (358 ) 2,131 Income tax benefit (expense) 122 (725 ) Other comprehensive (loss) income, net of tax $ (236 ) $ 1,406

Note 2 - Stock-based Compensa22

Note 2 - Stock-based Compensation (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated Share-based Compensation Expense	$ 62	$ 80

Note 4 - Fair Value Measureme23

Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	$ 75,346	$ 83,805
US Government Agencies Debt Securities [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,190	18,064
US States and Political Subdivisions Debt Securities [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,228	16,599
Collateralized Mortgage Backed Securities [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	44,516	48,668
Other Debt Obligations [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	412	474
Fair Value, Inputs, Level 2 [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	75,346	83,805
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	75,346	83,805
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,190	18,064
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	15,228	16,599
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	44,516	48,668
Fair Value, Inputs, Level 2 [Member] | Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	$ 412	$ 474

Note 4 - Fair Value Measureme24

Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	$ 392	$ 538
Impaired Loans [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	392	433
Other Real Estate Owned [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class		105
Fair Value, Inputs, Level 3 [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	392	538
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	$ 392	433
Fair Value, Inputs, Level 3 [Member] | Other Real Estate Owned [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class		$ 105

Note 4 - Fair Value Measureme25

Note 4 - Fair Value Measurements (Details) - Financial Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial assets:
Cash and cash equivalents	$ 20,844	$ 19,820
Cash and cash equivalents, fair value	20,844	19,820
Available-for-sale securities	75,346	83,805
Available-for-sale securities, fair value	75,346	83,805
Federal Home Loan Bank stock	3,074	1,801
Federal Home Loan Bank stock, fair value	3,074	1,801
Loans held-for-sale	5,744	5,374
Loans held-for-sale, fair value	5,698	5,499
Loans, net	299,962	283,381
Loans, net, fair value	301,789	285,439
Accrued interest receivable	1,088	1,095
Accrued interest receivable, fair value	1,088	1,095
Financial liabilities:
Deposits	333,893	356,065
Deposits, fair value	326,061	356,353
Securities sold under agreements to repurchase	2,917	3,921
Securities sold under agreements to repurchase, fair value	2,917	3,921
Federal Home Loan Bank advances	51,500	17,500
Federal Home Loan Bank advances, fair value	51,500	17,500
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents, fair value	20,844	19,820
Federal Home Loan Bank stock, fair value	3,074	1,801
Accrued interest receivable	1,088	1,095
Accrued interest receivable, fair value	1,088	1,095
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Available-for-sale securities	75,346	83,805
Available-for-sale securities, fair value	75,346	83,805
Financial liabilities:
Deposits, fair value	326,061	356,353
Securities sold under agreements to repurchase, fair value	2,917	3,921
Federal Home Loan Bank advances, fair value	51,500	17,500
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Loans held-for-sale, fair value	5,698	5,499
Loans, net, fair value	$ 301,789	$ 285,439

Note 5 - Earnings Per Common 26

Note 5 - Earnings Per Common Share (Details) - Computation of EPS on Both Basic and Diluted Basis - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Basic earnings per share computation:
Net income	$ 350	$ 115	$ 693	$ 193
Preferred stock net accretion	(3)	(3)	(6)	(6)
Net income available to common stockholders	316	89	633	142
Cumulative preferred stock dividends	$ (31)	$ (23)	$ (54)	$ (45)
Weighted average shares outstanding, before dilution (in Shares)	888,587	881,861	888,290	880,973
Net income available to common stockholders	$ 316	$ 89	$ 633	$ 142
Dilutive potential shares (in Shares)	1,024	2,814	800	4,700
Weighted average shares outstanding, basic (in Shares)	888,587	881,861	888,290	880,973
Weighted average shares outstanding, assuming dilution (in Shares)	889,611	884,675	889,090	885,673
Basic earnings per share (in Dollars per share)	$ 0.36	$ 0.10	$ 0.71	$ 0.16
Diluted earnings per share (in Dollars per share)	$ 0.36	$ 0.10	$ 0.71	$ 0.16
Diluted earnings per share computation:
Net income	$ 350	$ 115	$ 693	$ 193

Note 6 - Investment Securitie27

Note 6 - Investment Securities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]
Proceeds from Sale of Available-for-sale Securities	$ 1,126	$ 1,139
Available-for-sale Securities, Gross Realized Gains	69	103
Available-for-sale Securities, Realized Gain (Loss), Income Tax Expense (Benefit)	$ 23	$ 35

Note 6 - Investment Securitie28

Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Temporarily Impaired Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	$ 17,245
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	221
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	31,493
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	667
Available-for-sale securities in a continuous unrealized loss position, fair value	48,738
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	888
Temporarily Impaired Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value		$ 6,434
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses		30
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value		51,399
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses		760
Available-for-sale securities in a continuous unrealized loss position, fair value		57,833
Available-for-sale securities in a continuous unrealized loss position, unrealized losses		790
Temporarily Impaired Securities [Member] | US Government Agencies Debt Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	3,200	4,486
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	5	12
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	4,472	13,077
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	26	127
Available-for-sale securities in a continuous unrealized loss position, fair value	7,672	17,563
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	31	139
Temporarily Impaired Securities [Member] | US States and Political Subdivisions Debt Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	3,795	526
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	80	12
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	1,440	1,772
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	60	40
Available-for-sale securities in a continuous unrealized loss position, fair value	5,235	2,298
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	140	52
Temporarily Impaired Securities [Member] | Collateralized Mortgage Backed Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	10,250	1,422
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	136	6
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	25,581	36,550
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	581	593
Available-for-sale securities in a continuous unrealized loss position, fair value	35,831	37,972
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	717	599
Other Than Temporarily Impaired Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	17,262	6,434
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	221	30
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	31,745	51,673
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	693	790
Available-for-sale securities in a continuous unrealized loss position, fair value	49,007	58,107
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	914	820
Other Than Temporarily Impaired Securities [Member] | Collateralized Mortgage Backed Securities [Member]
Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, fair value	17
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	252	274
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	26	30
Available-for-sale securities in a continuous unrealized loss position, fair value	269	274
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	$ 26	$ 30

Note 6 - Investment Securitie29

Note 6 - Investment Securities (Details) - Amortized Cost and Fair Value - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, total available-for-sale securities	$ 75,670	$ 83,771
Gross unrealized gains, total available-for-sale securities	590	854
Gross unrealized loss, total available-for-sale securities	914	820
Fair value, total available-for-sale securities	$ 75,346	$ 83,805
Yield, total available-for-sale securities	2.66%	2.36%
US Government Agencies Debt Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 14,703	$ 16,702
Gross unrealized gains, due after one to five years	14	1
Gross unrealized loss, due after one to five years	31	135
Fair value, due after one to five years	$ 14,686	$ 16,568
Yield, due after one to five years	1.26%	1.21%
Amortized cost, due after five to ten years	$ 500	$ 1,500
Gross unrealized gains, due after five to ten years	4
Gross unrealized loss, due after five to ten years		4
Fair value, due after five to ten years	$ 504	$ 1,496
Yield, due after five to ten years	1.85%	1.83%
Amortized cost, total available-for-sale securities	$ 15,203	$ 18,202
Gross unrealized gains, total available-for-sale securities	18	1
Gross unrealized loss, total available-for-sale securities	31	139
Fair value, total available-for-sale securities	$ 15,190	$ 18,064
Yield, total available-for-sale securities	1.28%	1.27%
US States and Political Subdivisions Debt Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 376	$ 559
Gross unrealized gains, due after one to five years	6	24
Fair value, due after one to five years	$ 382	$ 583
Yield, due after one to five years	4.25%	2.26%
Amortized cost, due after five to ten years	$ 4,758	$ 4,835
Gross unrealized gains, due after five to ten years	139	184
Gross unrealized loss, due after five to ten years	46	31
Fair value, due after five to ten years	$ 4,851	$ 4,988
Yield, due after five to ten years	3.66%	3.22%
Amortized cost, due after ten to fifteen years	$ 7,287	$ 8,065
Gross unrealized gains, due after ten to fifteen years	289	445
Gross unrealized loss, due after ten to fifteen years	50	21
Fair value, due after ten to fifteen years	$ 7,526	$ 8,489
Yield, due after ten to fifteen years	4.19%	3.23%
Amortized cost, due beyond fifteen years	$ 2,512	$ 2,513
Gross unrealized gains, due beyond fifteen years	1	26
Gross unrealized loss, due beyond fifteen years	44
Fair value, due beyond fifteen years	$ 2,469	$ 2,539
Yield, due beyond fifteen years	3.20%	3.09%
Amortized cost, total available-for-sale securities	$ 14,933	$ 15,972
Gross unrealized gains, total available-for-sale securities	435	679
Gross unrealized loss, total available-for-sale securities	140	52
Fair value, total available-for-sale securities	$ 15,228	$ 16,599
Yield, total available-for-sale securities	3.86%	3.18%
Collateralized Mortgage Backed Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 465	$ 588
Gross unrealized gains, due after one to five years	8	14
Fair value, due after one to five years	$ 473	$ 602
Yield, due after one to five years	3.11%	2.97%
Amortized cost, due after five to ten years	$ 1,674	$ 1,846
Gross unrealized gains, due after five to ten years	33	36
Gross unrealized loss, due after five to ten years	2	1
Fair value, due after five to ten years	$ 1,705	$ 1,881
Yield, due after five to ten years	3.33%	2.25%
Amortized cost, due after ten to fifteen years	$ 26,470	$ 28,811
Gross unrealized gains, due after ten to fifteen years	39	42
Gross unrealized loss, due after ten to fifteen years	346	360
Fair value, due after ten to fifteen years	$ 26,163	$ 28,493
Yield, due after ten to fifteen years	2.43%	1.78%
Amortized cost, due beyond fifteen years	$ 16,543	$ 17,912
Gross unrealized gains, due beyond fifteen years	27	48
Gross unrealized loss, due beyond fifteen years	395	268
Fair value, due beyond fifteen years	$ 16,175	$ 17,692
Yield, due beyond fifteen years	3.07%	2.38%
Amortized cost, total available-for-sale securities	$ 45,152	$ 49,157
Gross unrealized gains, total available-for-sale securities	107	140
Gross unrealized loss, total available-for-sale securities	743	629
Fair value, total available-for-sale securities	$ 44,516	$ 48,668
Yield, total available-for-sale securities	2.71%	2.03%
Other Debt Obligations [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after five to ten years	$ 382
Gross unrealized gains, due after five to ten years	30
Fair value, due after five to ten years	$ 412
Yield, due after five to ten years	4.68%
Amortized cost, due after ten to fifteen years		$ 440
Gross unrealized gains, due after ten to fifteen years		34
Fair value, due after ten to fifteen years		$ 474
Yield, due after ten to fifteen years		4.96%
Amortized cost, total available-for-sale securities	$ 382	$ 440
Gross unrealized gains, total available-for-sale securities	30	34
Fair value, total available-for-sale securities	$ 412	$ 474
Yield, total available-for-sale securities	4.68%	4.96%

Note 7 - Loan Information (Deta

Note 7 - Loan Information (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Note 7 - Loan Information (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 301,448,000	$ 284,847,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	1.13%	1.08%
Allowance for Loan Losses Percentage	0.94%	0.97%
Financing Receivable, Modifications, Number of Contracts	6
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		$ 6,000
Mortgage Loans in Process of Foreclosure, Amount	$ 225,000
Mortgage Servicing Rights [Member]
Note 7 - Loan Information (Details) [Line Items]
Servicing Asset at Amortized Cost	1,730,000	1,580,000
Servicing Asset at Amortized Cost, Additions	435,000	531,000
Servicing Asset at Amortized Cost, Amortization	286,000	401,000
Servicing Asset at Fair Value, Amount	2,190,000	2,050,000
Mortgages [Member]
Note 7 - Loan Information (Details) [Line Items]
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement	$ 195,000,000	148,000,000
Residential Portfolio Segment [Member]
Note 7 - Loan Information (Details) [Line Items]
Loan to Value Ratio	80.00%
Loans and Leases Receivable, Gross	$ 138,138,000	132,553,000
Real Estate Acquired Through Foreclosure	0
Residential, Home Equity and Consumer Portfolio Segments [Member]
Note 7 - Loan Information (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 200,800,000	195,500,000
Home Equity Portfolio Segment [Member]
Note 7 - Loan Information (Details) [Line Items]
Loan to Value Ratio	80.00%
Loans and Leases Receivable, Gross	$ 46,454,000	46,403,000
Commercial Portfolio Segment [Member]
Note 7 - Loan Information (Details) [Line Items]
Loans and Leases Receivable, Gross	24,755,000	19,038,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		6,000	$ 9,000
Not Formally Rated [Member] | Residential, Home Equity and Consumer Portfolio Segments [Member]
Note 7 - Loan Information (Details) [Line Items]
Loans and Leases Receivable, Gross	199,800,000	$ 194,900,000
Payments Temporarily Reduced [Member] | Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Note 7 - Loan Information (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Recorded Investment	401,000	$ 439,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		$ 6,000
Allowance for Loan and Lease Losses, Period Increase (Decrease)	$ 9,000

Note 7 - Loan Information (De31

Note 7 - Loan Information (Details) - Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 301,448	$ 284,847
Allowance for loan losses	(2,834)	(2,761)
Deferred loan origination costs, net	1,348	1,295
Net loans	299,962	283,381
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	24,755	19,038
Construction and Land Development Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	18,406	13,234
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	138,138	132,553
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	46,190	46,982
Municipal Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	11,262	10,061
Home Equity Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	46,454	46,403
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 16,243	$ 16,576

Note 7 - Loan Information (De32

Note 7 - Loan Information (Details) - Allowance For Loan Losses - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for loan losses:
Allowance, beginning balance	$ 2,761	$ 2,792
Allowance, ending balance	2,834	2,737
Ending balance:
Allowance, individually evaluated for impairment				$ 6
Ending balance:
Allowance, collectively evaluated for impairment			$ 2,834	2,755
Total allowance for loan losses ending balance	2,761	2,792	2,834	2,761	$ 2,792
Ending balance:
Loans, individually evaluated for impairment			2,585	1,472
Ending balance:
Loans, collectively evaluated for impairment			298,863	283,375
Total loans ending balance	301,448
Allowance for loan losses:
Charge-offs	(15)	(98)
Recoveries	8	13
Provision (benefit)	80	30
Residential Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	1,085	1,174
Allowance, ending balance	1,070	1,027
Ending balance:
Allowance, collectively evaluated for impairment			1,070	1,085
Total allowance for loan losses ending balance	1,085	1,174	1,070	1,085	1,174
Ending balance:
Loans, individually evaluated for impairment				170
Ending balance:
Loans, collectively evaluated for impairment			138,138	132,383
Total loans ending balance	138,138
Allowance for loan losses:
Charge-offs		(98)
Recoveries		11
Provision (benefit)	(15)	(60)
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	738	728
Allowance, ending balance	668	683
Ending balance:
Allowance, collectively evaluated for impairment			668	738
Total allowance for loan losses ending balance	738	728	668	738	728
Ending balance:
Loans, individually evaluated for impairment			2,184	860
Ending balance:
Loans, collectively evaluated for impairment			53,478	54,724
Total loans ending balance	55,662
Allowance for loan losses:
Provision (benefit)	(70)	(45)
Construction and Land Development Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	249	224
Allowance, ending balance	369	383
Ending balance:
Allowance, collectively evaluated for impairment			369	249
Total allowance for loan losses ending balance	249	224	369	249	224
Ending balance:
Loans, collectively evaluated for impairment			18,406	13,234
Total loans ending balance	18,406
Allowance for loan losses:
Provision (benefit)	120	159
Home Equity Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	324	301
Allowance, ending balance	323	295
Ending balance:
Allowance, collectively evaluated for impairment			323	324
Total allowance for loan losses ending balance	324	301	323	324	301
Ending balance:
Loans, individually evaluated for impairment				3
Ending balance:
Loans, collectively evaluated for impairment			46,454	46,400
Total loans ending balance	46,454
Allowance for loan losses:
Provision (benefit)	(1)	(6)
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	227	243
Allowance, ending balance	271	234
Ending balance:
Allowance, individually evaluated for impairment				6	9
Ending balance:
Allowance, collectively evaluated for impairment			262	221
Total allowance for loan losses ending balance	227	243	271	227	243
Ending balance:
Loans, individually evaluated for impairment			401	439
Ending balance:
Loans, collectively evaluated for impairment			26,144	20,058
Total loans ending balance	26,545
Allowance for loan losses:
Recoveries		2
Provision (benefit)	44	(11)
Consumer Portfolio Segment [Member]
Allowance for loan losses:
Allowance, beginning balance	134	90
Allowance, ending balance	124	99
Ending balance:
Allowance, collectively evaluated for impairment			124	134
Total allowance for loan losses ending balance	134	90	124	134	90
Ending balance:
Loans, collectively evaluated for impairment			16,243	16,576
Total loans ending balance	16,243
Allowance for loan losses:
Charge-offs	(15)
Recoveries	8
Provision (benefit)	(3)	9
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Allowance, beginning balance	4	32
Allowance, ending balance	9	16
Ending balance:
Allowance, collectively evaluated for impairment			9	4
Total allowance for loan losses ending balance	4	32	$ 9	$ 4	$ 32
Allowance for loan losses:
Provision (benefit)	$ 5	$ (16)

Note 7 - Loan Information (De33

Note 7 - Loan Information (Details) - Loans by Risk Rating - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Grade:
Loans	$ 301,448	$ 284,847
Pass [Member]
Grade:
Loans	91,482	80,117
Special Mention [Member]
Grade:
Loans	4,409	6,213
Substandard [Member]
Grade:
Loans	5,732	3,625
Not Formally Rated [Member]
Grade:
Loans	199,825	194,892
Residential Portfolio Segment [Member]
Grade:
Loans	138,138	132,553
Residential Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	773	474
Residential Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	137,365	132,079
Commercial Real Estate Portfolio Segment [Member]
Grade:
Loans	55,662	55,584
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	51,431	50,208
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	2,688	3,866
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	1,543	1,510
Construction and Land Development Real Estate Portfolio Segment [Member]
Grade:
Loans	18,406	13,234
Construction and Land Development Real Estate Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	18,406	11,529
Construction and Land Development Real Estate Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans		1,705
Home Equity Portfolio Segment [Member]
Grade:
Loans	46,454	46,403
Home Equity Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	237	166
Home Equity Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	46,217	46,237
Commercial Portfolio Segment [Member]
Grade:
Loans	26,545	20,497
Commercial Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	21,645	18,380
Commercial Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	1,721	642
Commercial Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	3,179	1,475
Consumer Portfolio Segment [Member]
Grade:
Loans	16,243	16,576
Consumer Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	$ 16,243	$ 16,576

Note 7 - Loan Information (De34

Note 7 - Loan Information (Details) - Age Analysis of Past Due Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Real estate:
Total past due	$ 2,788	$ 2,510
Total current	298,660	282,337
Total loans	301,448	284,847
Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Total past due	193	599
Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Total past due	253	19
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Total past due	2,342	1,892
Residential Portfolio Segment [Member]
Real estate:
Total past due	737	663
Total current	137,401	131,890
Total loans	138,138	132,553
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Total past due		147
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Total past due	173
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Total past due	564	516
Commercial Real Estate Portfolio Segment [Member]
Real estate:
Total past due	1,186	860
Total current	45,004	46,122
Total loans	46,190	46,982
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Total past due	1,186	860
Construction and Land Development Real Estate Portfolio Segment [Member]
Real estate:
Total current	18,406	13,234
Total loans	18,406	13,234
Home Equity Portfolio Segment [Member]
Real estate:
Total past due	378	405
Total current	46,076	45,998
Total loans	46,454	46,403
Home Equity Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Total past due	107	328
Home Equity Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Total past due	80
Home Equity Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Total past due	191	77
Municipal Real Estate Portfolio Segment [Member]
Real estate:
Total current	9,472	8,602
Total loans	9,472	8,602
Commercial Portfolio Segment [Member]
Real estate:
Total past due	401	439
Total current	24,354	18,599
Total loans	24,755	19,038
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Total past due	401	439
Municipal Non Real Estate Portfolio Segment [Member]
Real estate:
Total current	1,790	1,459
Total loans	1,790	1,459
Consumer Portfolio Segment [Member]
Real estate:
Total past due	86	143
Total current	16,157	16,433
Total loans	16,243	16,576
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Total past due	$ 86	124
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Total past due		$ 19

Note 7 - Loan Information (De35

Note 7 - Loan Information (Details) - Nonaccrual Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Real estate:
Loans	$ 2,953	$ 2,528
Residential Portfolio Segment [Member]
Real estate:
Loans	1,100	1,064
Commercial Real Estate Portfolio Segment [Member]
Real estate:
Loans	1,186	860
Home Equity Portfolio Segment [Member]
Real estate:
Loans	266	165
Commercial Portfolio Segment [Member]
Real estate:
Loans	$ 401	$ 439

Note 7 - Loan Information (De36

Note 7 - Loan Information (Details) - Impaired Loans - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Real Estate:
Recorded investment, with no allowance	$ 2,184	$ 1,033
Unpaid principal balance, with no allowance	2,184	1,033
Average recorded investment, with no allowance	2,185	1,205
Interest income recognized, with no allowance	36	61
With an allowance recorded:
Recorded investment, with an allowance	401	439
Unpaid principal balance, with an allowance	401	439
Related allowance	9	6
Average recorded investment, with an allowance	417	372
Real Estate:
Recorded investment	2,585	1,472
Unpaid principal balance	2,585	1,472
Related Allowance	9	6
Average recorded investment	2,602	1,577
Interest income recognized	36	61
Residential Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance		170
Unpaid principal balance, with no allowance		170
Average recorded investment, with no allowance	27	172
Interest income recognized, with no allowance		5
Real Estate:
Recorded investment		170
Unpaid principal balance		170
Average recorded investment	27	172
Interest income recognized		5
Commercial Real Estate Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	2,184	860
Unpaid principal balance, with no allowance	2,184	860
Average recorded investment, with no allowance	2,158	896
Interest income recognized, with no allowance	36
Real Estate:
Recorded investment	2,184	860
Unpaid principal balance	2,184	860
Average recorded investment	2,158	896
Interest income recognized	36
Home Equity Portfolio Segment [Member]
Real Estate:
Average recorded investment, with no allowance		133
Interest income recognized, with no allowance		56
Real Estate:
Average recorded investment		133
Interest income recognized		56
Construction and Land Development Real Estate Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance		3
Unpaid principal balance, with no allowance		3
Average recorded investment, with no allowance		4
Real Estate:
Recorded investment		3
Unpaid principal balance		3
Average recorded investment		4
Commercial Portfolio Segment [Member]
With an allowance recorded:
Recorded investment, with an allowance	401	439
Unpaid principal balance, with an allowance	401	439
Related allowance	9	6
Average recorded investment, with an allowance	417	372
Real Estate:
Recorded investment	401	439
Unpaid principal balance	401	439
Related Allowance	9	6
Average recorded investment	$ 417	$ 372

Note 8 - Securities Sold Unde37

Note 8 - Securities Sold Under Agreements to Repurchase (Details)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Repurchase Agreements, Maturity	3 months

Note 9 - Other Comprehensive 38

Note 9 - Other Comprehensive (Loss) Income (Details) - Reclassification of Other Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification of Other Comprehensive Income (Loss) [Abstract]
Net change in unrealized holding gains (losses) on available-for-sale securities		$ (857)	$ 1,080	$ (289)	$ 2,234
Reclassification adjustment for realized gains in net income (1)	[1]	(26)	(103)	(69)	(103)
Other comprehensive (loss) income before income tax effect		(883)	977	(358)	2,131
Income tax benefit (expense)		299	(332)	122	(725)
Other comprehensive (loss) income, net of tax		$ (584)	$ 645	$ (236)	$ 1,406
[1]	Reclassification adjustments are comprised of realized security gains and losses. The gains and losses have been reclassified out of accumulated othercomprehensive (loss) income and have affected certain lines in the consolidated statements of income as follows: the pre-tax amount is included in gain on sales ofavailable-for-sale securities, net, the tax expense amount is included in income tax provision (benefit) and the after tax amount is included in net income.