SBT Bancorp (SBTB) 10-Q 13 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 06, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	SBT Bancorp, Inc.
Trading Symbol	sbtb
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		1,360,689
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	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 6,111	$ 8,933
Interest-bearing deposits with the Federal Reserve Bank and Federal Home Loan Bank	5,867	19,795
Money market mutual funds	393	13
Federal funds sold	200	149
Cash and cash equivalents	12,571	28,890
Certificates of deposit	1,500	1,250
Investments in available-for-sale securities	72,874	71,517
Federal Home Loan Bank stock, at cost	2,009	2,047
Loans held-for-sale	1,187	2,167
Loans outstanding	346,863	326,723
Less: allowance for loan losses	3,160	3,028
Loans, net	343,703	323,695
Premises and equipment, net	1,688	1,420
Accrued interest receivable	1,161	1,143
Bank owned life insurance	8,940	7,389
Other assets	4,831	5,262
Total other assets	16,620	15,214
Total assets	450,464	444,780
Deposits:
Demand deposits	123,904	135,580
Savings and NOW deposits	204,187	179,775
Time deposits	55,121	57,287
Total deposits	383,212	372,642
Securities sold under agreements to repurchase	1,988	1,915
Federal Home Loan Bank advances	26,000	31,500
Long-term subordinated debt	7,230	7,230
Other liabilities	1,621	1,751
Total liabilities	420,051	415,038
Stockholders' equity:
Common stock, no par value; authorized 2,000,000 shares; issued and outstanding 1,361,103 shares and 1,360,689 shares, respectively, at March 31, 2016 and 1,360,591 shares and 1,360,177 shares, respectively, at December 31, 2015	18,871	18,856
Retained earnings	11,305	11,288
Treasury stock, 414 shares	(7)	(7)
Unearned compensation-restricted stock awards	(172)	(206)
Accumulated other comprehensive income (loss)	416	(189)
Total stockholders' equity	30,413	29,742
Total liabilities and stockholders' equity	$ 450,464	$ 444,780

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2016	Dec. 31, 2015
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	1,361,103	1,360,591
Common stock, shares outstanding	1,360,689	1,360,177
Treasury stock, shares	414	414

Condensed Consolidated statemen

Condensed Consolidated statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest and dividend income:
Interest and fees on loans	$ 3,075	$ 2,641
Investment securities	390	434
Interest-bearing deposits	23	7
Total interest and dividend income	3,488	3,082
Interest expense:
Interest on deposits	159	185
Interest on securities sold under agreements to repurchase	1	1
Interest on long-term subordinated debt	107
Interest on Federal Home Loan Bank advances	32	8
Total interest expense	299	194
Net interest and dividend income	3,189	2,888
Provision for loan losses	131	50
Net interest and dividend income after provision for loan losses	3,058	2,838
Noninterest income (loss):
Service charges on deposit accounts	90	104
Gain on sales of available-for-sale securities, net of writedowns	47	43
Mortgage loan servicing activities	(247)	(92)
Gain on sale of mortgages	241	229
Investment services fees and commissions	27	34
Other service charges and fees	233	143
Increase in cash surrender value of life insurance policies	51	52
Other income	17	17
Total noninterest income	459	530
Noninterest expense:
Salaries and employee benefits	1,830	1,580
Occupancy expense	370	377
Equipment expense	93	102
Advertising and promotions	107	105
Forms and supplies	39	32
Professional fees	84	105
Directors’ fees	53	51
Correspondent charges	72	29
FDIC assessment	62	78
Data processing	213	144
Internet banking costs	53	53
Other expenses	342	313
Total noninterest expense	3,318	2,969
Income before income taxes	199	399
Income tax (benefit) provision	(7)	56
Net income	206	343
Net income available to common stockholders	$ 206	$ 317
Weighted average shares outstanding, basic (in Shares)	1,348,572	887,891
Earnings per common share, basic (in Dollars per share)	$ 0.15	$ 0.36
Weighted average shares outstanding, assuming dilution (in Shares)	1,350,507	888,988
Earnings per common share, assuming dilution (in Dollars per share)	$ 0.15	$ 0.36
Dividends declared per common share (in Dollars per share)	$ 0.14	$ 0.14

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Net income		$ 206	$ 343
Other comprehensive income, net of tax:
Net change in unrealized holding gain/loss on securities available-for-sale		966	568
Reclassification adjustment for realized gains in net income	[1]	(47)	(43)
Other comprehensive income, before tax		919	525
Income tax expense		(314)	(177)
Other comprehensive income, net of tax		605	348
Comprehensive income		$ 811	$ 691
[1]	Reclassification adjustments are comprised of realized security gains and losses. The gains and losses have been reclassified out of accumulated other comprehensive 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 (benefit) provision and the after tax amount is included in net income.

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, 2014	$ 8,988	$ 10,127	$ 10,549	$ (7)	$ (207)	$ 22	$ 29,472
Net income			343				343
Other comprehensive income (loss), net of tax effect						348	348
Preferred stock dividends			(23)				(23)
Preferred stock amortization (accretion)	3		(3)
Stock based compensation					9		9
Restricted stock awards		177			(177)
Common stock issued		9					9
Dividends declared common stock			(125)				(125)
Ending balance at Mar. 31, 2015	$ 8,991	10,313	10,741	(7)	(375)	370	30,033
Beginning balance at Dec. 31, 2015		18,856	11,288	(7)	(206)	(189)	29,742
Net income			206				206
Other comprehensive income (loss), net of tax effect						605	605
Stock based compensation		5			34		39
Common stock issued		10					10
Dividends declared common stock			(189)				(189)
Ending balance at Mar. 31, 2016		$ 18,871	$ 11,305	$ (7)	$ (172)	$ 416	$ 30,413

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Dividends declared common stock	$ 0.14	$ 0.14

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net income	$ 206	$ 343
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of securities, net	88	99
Amortization of mortgage servicing rights	166	150
Gain on sales of available-for-sale securities	(47)	(43)
Change in deferred origination costs, net	(254)	25
Provision for loan losses	131	50
Loans originated for sale	(13,297)	(15,004)
Proceeds from sales of loans originated for sale	14,518	16,076
Gain on sales of loans	(241)	(229)
Gain on sale of other real estate owned		(9)
Depreciation and amortization	78	111
Accretion on impairment of operating lease		(11)
Amortization of long-term subordinated debt issuance costs	7
Increase in other assets	(75)	(56)
(Increase) decrease in interest receivable	(18)	91
Decrease in taxes receivable	26	54
Increase in cash surrender value of bank owned life insurance	(51)	(52)
Stock-based compensation	39	9
Decrease in other liabilities	(71)	(218)
(Decrease) increase in interest payable	(59)	16
Net cash provided by operating activities	1,146	1,402
Cash flows from investing activities:
Purchases of certificates of deposit	(250)
Purchases of available-for-sale securities	(3,827)
Proceeds from maturities of available-for-sale securities	2,783	2,354
Proceeds from sales of available-for-sale securities	565	588
Purchases of Federal Home Loan Bank stock	(418)	(80)
Redemption of Federal Home Loan Bank stock	456
Loan originations and principal collections, net	(11,892)	(4,045)
Loans purchased	(7,994)	(2,103)
Recoveries of loans previously charged off	1	1
Proceeds from sale of other real estate owned		114
Purchase of bank owned life insurance	(1,500)
Capital expenditures	(346)	(64)
Net cash used in investing activities	(22,422)	(3,235)
Cash flows from financing activities:
Net increase in demand deposits, NOW and savings accounts	12,736	6,269
Decrease in time deposits	(2,166)	(1,772)
Net increase (decrease) in securities sold under agreements to repurchase	73	(843)
Net change in short-term Federal Home Loan Bank advances	(5,500)	(7,000)
Proceeds from issuance of common stock	10	9
Increase in subordinated debt issuance fees	(7)
Dividends paid - preferred stock		(23)
Dividends paid - common stock	(189)	(125)
Net cash provided by (used in) financing activities	4,957	(3,485)
Net decrease in cash and cash equivalents	(16,319)	(5,318)
Cash and cash equivalents at beginning of period	28,890	19,820
Cash and cash equivalents at end of period	12,571	14,502
Supplemental disclosures:
Interest paid	358	$ 178
Income taxes received	$ 33

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Nature of Operations [Text Block]	NOTE 1 – BASIS OF PRESENTATION The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial statements and the instructions to Form 10-Q and, accordingly, do not include all of the information and footnotes required by generally accepted accounting principles (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 consolidated 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, 2016. Material estimates that are particularly susceptible to significant change in the near-term include the determination of the allowance for loan losses, valuation and potential other-than-temporary impairment (“OTTI”) of available-for-sale securities and the valuation of deferred tax assets. 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, 2015.

Note 2 - Stock-based Compensati

Note 2 - Stock-based Compensation	3 Months Ended
	Mar. 31, 2016
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 March 31, 2016, the Company maintained a stock-based employee compensation plan. The Company recognizes the cost resulting from all share-based payment transactions in the consolidated financial statements and establishes fair value as the measurement objective in accounting for share-based payment arrangements. During the three months ended March 31, 2016, the Company recognized $39 thousand in stock-based employee compensation expense. During the three months ended March 31, 2015, the Company recognized $9 thousand in stock-based employee compensation expense.

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2016
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 April 2015, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“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 is 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 adopted this ASU for the year ended December 31, 2015 in relation to its debt issuance costs. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” This ASU will require entities to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. It will also require equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, thus eliminating eligibility for the current available-for-sale category. The ASU will take effect for public companies for fiscal years beginning after December 15, 2017. The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases (Topic 842).” ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. The new guidance will be effective for public entities for annual periods beginning after December 15, 2018 and interim periods therein. Early adoption of ASU 2016-02 as of its issuance is permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company is currently reviewing this ASU to determine the impact on its consolidated financial statements . In March 2016, the FASB issued ASU 2016-09, “ Compensation- Stock Compensation (Topic 718): Improvements to Employee Share-based Payment Accounting.” The ASU simplifies several aspects of the accounting for share-based payment award transactions, including: (a) income tax consequences; (b) classification of awards as either equity or liabilities; and (c) classification on the statement of cash flows. The new guidance will be effective for public companies for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The Company is currently reviewing this ASU to determine if it will have an impact on its consolidated financial statements. In April 2016, the FASB voted to proceed with the proposed standard on accounting for credit losses. The standard would replace multiple existing impairment models, including replacing an “incurred loss” model for loans with an “expected loss” model. The FASB has recently announced that the standard will be effective for public compies that are Securities and Exchange Commission (“SEC”) filers, such as the Company, for fiscal years beginning after December 15, 2019(and interim periods within those fiscal years), and final guidance is expected to be issued in the second quarter of 2016. The final standard may have a material impact on the Company’s retained earnings in the period of adoption.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 4 – FAIR VALUE MEASUREMENTS Accounting Standards Codification (ASC) 820-10, “Fair Value Measurement - Overall,” provides a framework for measuring fair value under generally accepted accounting principles. In accordance with ASC 820-10, the Company groups its financial assets and financial 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 - Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange. Level 1 also includes U.S. Treasury, other U.S. Government and agency mortgage-backed securities that are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2 - Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities. Level 3 - Valuations for assets and liabilities that are derived from other methodologies, including option pricing models, discounted cash flow models and similar techniques, are not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets and liabilities. 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 between Level 1 and Level 2 of the fair value hierarchy during the three months ended March 31, 2016. 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 March 31, 2016 and December 31, 2015. The Company’s investments 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 transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalization and other transactions across the capital structure, offerings in the equity or debt markets, and 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 March 31, 2016 and December 31, 2015. 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) March 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 10,553 $ - $ 10,553 $ - Obligations of states and municipalities 15,339 - 15,339 - Mortgage-backed securities 45,884 - 45,884 - SBA loan pools 1,098 - 1,098 - $ 72,874 $ - $ 72,874 $ - December 31, 2015: Debt securities issued by U.S. government corporations and agencies $ 10,463 $ - $ 10,463 $ - Obligations of states and municipalities 14,669 - 14,669 - Mortgage-backed securities 45,281 - 45,281 - SBA loan pools 1,104 - 1,104 - Totals $ 71,517 $ - $ 71,517 $ - 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) March 31, 2016: Impaired loans $ 240 $ - $ - $ 240 $ 240 $ - $ - $ 240 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, 2015: Impaired loans $ 240 $ - $ - $ 240 $ 240 $ - $ - $ 240 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 March 31, 2016 and December 31, 2015: March 31, 2016 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 12,571 $ 12,571 $ - $ - $ 12,571 Certificates of deposit 1,500 1,500 - - 1,500 Available-for-sale securities 72,874 - 72,874 - 72,874 Federal Home Loan Bank stock 2,009 2,009 - - 2,009 Loans held-for-sale 1,187 - - 1,205 1,205 Loans, net 343,703 - - 345,387 345,387 Accrued interest receivable 1,161 1,161 - - 1,161 Bank owned life insurance 8,940 - 8,940 - 8,940 Financial liabilities: Deposits 383,212 - 379,453 - 379,453 Securities sold under agreements to repurchase 1,988 - 1,988 - 1,988 Federal Home Loan Bank advances 26,000 - 26,000 - 26,000 Long-term subordinated debt 7,230 - 7,557 - 7,557 December 31, 2015 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 28,890 $ 28,890 $ - $ - $ 28,890 Certificates of deposit 1,250 1,250 - - 1,250 Available-for-sale securities 71,517 - 71,517 - 71,517 Federal Home Loan Bank stock 2,047 2,047 - - 2,047 Loans held-for-sale 2,167 - - 2,187 2,187 Loans, net 323,695 - - 322,596 322,596 Accrued interest receivable 1,143 1,143 - - 1,143 Bank owned life insurance 7,389 - 7,389 - 7,389 Financial liabilities: Deposits 372,642 - 363,752 - 363,752 Securities sold under agreements to repurchase 1,915 - 1,915 - 1,915 Federal Home Loan Bank advances 31,500 - 31,500 - 31,500 Long-term subordinated debt 7,230 - 7,339 - 7,339

Note 5 - Earnings Per Common Sh

Note 5 - Earnings Per Common Share	3 Months Ended
	Mar. 31, 2016
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 months ended March 31, 2016 and 2015: For the three months ended 3/31/16 3/31/15 (In Thousands, Except Share and Per Share Data) Basic earnings per share computation: Net income $ 206 $ 343 Preferred stock net accretion - (3 ) Cumulative preferred stock dividends - (23 ) Net income available to common stockholders $ 206 $ 317 Weighted average shares outstanding, basic 1,348,572 887,891 Basic earnings per share $ 0.15 $ 0.36 Diluted earnings per share computation: Net income $ 206 $ 343 Preferred stock net accretion - (3 ) Cumulative preferred stock dividends - (23 ) Net income available to common stockholders $ 206 $ 317 Weighted average shares outstanding, before dilution 1,348,572 887,891 Dilutive potential shares 1,935 1,097 Weighted average shares outstanding, assuming dilution 1,350,507 888,988 Diluted earnings per share $ 0.15 $ 0.36

Note 6 - Investment Securities

Note 6 - Investment Securities	3 Months Ended
	Mar. 31, 2016
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 following tables summarize the amounts and distribution of the Company’s investment securities held as of March 31, 2016 and December 31, 2015: INVESTMENT PORTFOLIO (In Thousands) March 31, 2016 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Yield AVAILABLE-FOR-SALE SECURITIES Debt securities issued by U.S. government corporations and agencies Due after one to five years $ 10,495 $ 58 $ - $ 10,553 1.30 % Total U.S. government corporations and agencies 10,495 58 - 10,553 1.30 % Obligations of states and municipalities Due after one to five years 1,657 8 - 1,665 3.50 % Due after five to ten years 4,846 204 9 5,041 2.91 % Due after ten to fifteen years 6,227 217 - 6,444 2.70 % Due beyond fifteen years 2,116 73 - 2,189 3.13 % Total obligations of states and municipalities 14,846 502 9 15,339 2.92 % Mortgage-backed securities Due after one to five years 657 13 - 670 2.52 % Due after five to ten years 2,460 36 2 2,494 2.04 % Due after ten to fifteen years 25,208 90 38 25,260 1.81 % Due beyond fifteen years 17,504 64 108 17,460 2.28 % Total mortgage-backed securities 45,829 203 148 45,884 2.01 % SBA loan pool Due after five to ten years 1,072 26 - 1,098 3.17 % Total SBA loan pool 1,072 26 - 1,098 3.17 % Total available-for-sale securities $ 72,242 $ 789 $ 157 $ 72,874 2.33 % INVESTMENT PORTFOLIO (In Thousands) December 31,2015 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Yield AVAILABLE-FOR-SALE SECURITIES Debt securities issued by U.S. government corporations and agencies Due after one to five years $ 10,499 $ 6 $ 42 $ 10,463 1.33 % Total U.S. government corporations and agencies 10,499 6 42 10,463 1.33 % Obligations of states and municipalities Due within one year 375 4 - 379 3.95 % Due after one to five years 7,780 305 20 8,065 2.70 % Due after five to ten years 4,580 121 8 4,693 3.08 % Due after ten to fifteen years 1,025 9 8 1,026 2.51 % Due beyond fifteen years 498 8 - 506 3.25 % Total obligations of states and municipalities 14,258 447 36 14,669 2.86 % Mortgage-backed securities Due after one to five years 733 12 - 745 2.43 % Due after five to ten years 1,997 19 7 2,009 2.13 % Due after ten to fifteen years 25,144 16 393 24,767 1.80 % Due beyond fifteen years 18,084 18 342 17,760 2.20 % Total mortgage-backed securities 45,958 65 742 45,281 1.98 % SBA loan pools Due after five to ten years 1,089 23 8 1,104 3.19 % Total SBA loan pools 1,089 23 8 1,104 3.19 % Total available-for-sale securities $ 71,804 $ 541 $ 828 $ 71,517 2.36 % 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) March 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 500 $ - $ 500 $ - $ 1,000 $ - Obligations of states and municipalities 491 9 - - 491 9 Mortgage-backed securities 7,113 9 11,908 111 19,021 120 Total temporarily impaired securities 8,104 18 12,408 111 20,512 129 Other-than-temporarily impaired securities: Mortgage-backed securities 12 - 213 28 225 28 Total temporarily impaired and other- than-temporarily impaired securities $ 8,116 $ 18 $ 12,621 $ 139 $ 20,737 $ 157 December 31, 2015: Debt securities issued by U.S. Government corporations and agencies $ 5,975 $ 24 $ 2,482 $ 18 $ 8,457 $ 42 SBA loan pools 760 8 - - 760 8 Obligations of states and municipalities 702 8 1,997 28 2,699 36 Mortgage-backed securities 22,125 255 17,463 461 39,588 716 Total temporarily impaired securities 29,562 295 21,942 507 51,504 802 Other-than-temporarily impaired securities: Mortgage-backed securities 15 - 219 26 234 26 Total temporarily impaired and other- than-temporarily impaired securities $ 29,577 $ 295 $ 22,161 $ 533 $ 51,738 $ 828 The investments in the Company’s investment portfolio that were temporarily impaired as of March 31, 2016 consisted of debt securities issued by U.S. government agencies and sponsored enterprises, obligations of states and municipalities and mortgage-backed securities. The Company’s management anticipates that the fair value of securities that are currently impaired will recover to cost basis. The gross unrealized losses are primarily attributable to changes in interest rates, relative to when the investment securities were purchased, and not due to the credit quality of the investment securities. As the Company has the ability and intent to hold securities for the foreseeable future, and it is not more likely than not that the Company will be required to sell the investment securities before recovery of their amortized cost basis, no declines are deemed to be other than temporary, unless otherwise noted above. During the three months ended March 31, 2016, there were proceeds of $565 thousand from sales of available-for-sale securities. Gross realized gains on these sales amounted to $47 thousand. The tax expense applicable to these gross realized gains amounted to $16 thousand. During the three months ended March 31, 2015, there were proceeds of $588 thousand from sales of available-for-sale securities. Gross realized gains on these sales amounted to $43 thousand. The tax expense applicable to these gross realized gains amounted to $15 thousand.

Note 7 - Loans, Allowance for L

Note 7 - Loans, Allowance for Loan Losses and Credit Quality	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 7 – LOANS, ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY Loans consisted of the following as of March 31, 2016 and December 31, 2015: March 31, 2016 December 31, 2015 (In Thousands) Real estate - residential $ 138,212 $ 138,628 Real estate - commercial 66,452 62,118 Real estate- municipal 8,579 8,629 Real estate - construction and land development 14,463 10,070 Home equity 46,364 47,681 Commercial and industrial 43,297 35,305 Municipal 6,417 3,610 Consumer 21,493 19,350 Total loans 345,277 325,391 Allowance for loan losses (3,160 ) (3,028 ) Deferred costs, net 1,586 1,332 Net loans $ 343,703 $ 323,695 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 and land development, 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 three months ended March 31, 2016. 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 these segments 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 these segments. 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 and land development 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 Bank’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 three months ended March 31, 2016 and March 31, 2015: Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) March 31, 2016: Allowance for loan losses: Beginning balance $ 1,065 $ 706 $ 324 $ 331 $ 398 $ 157 $ 47 $ 3,028 Charge-offs - - - - - - - - Recoveries - - - 1 - - 1 Provision (benefit) 2 94 (38 ) (8 ) 110 17 (46 ) 131 Ending balance $ 1,067 $ 800 $ 286 $ 323 $ 509 $ 174 $ 1 $ 3,160 Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) March 31, 2015: Allowance for loan losses: Beginning balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Charge-offs (13 ) - - - - - - (13 ) Recoveries 1 - - - - - - 1 (Benefit) provision (29 ) (47 ) 131 (8 ) 16 (9 ) (4 ) 50 Ending balance $ 1,044 $ 691 $ 380 $ 316 $ 243 $ 125 $ - $ 2,799 The following tables set forth information regarding loans and the allowance for loan losses by portfolio segment as of March 31, 2016 and December 31, 2015: Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial and Industrial Consumer Unallocated Total (In Thousands) March 31, 2016: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 2 - $ - $ 2 Ending balance: Collectively evaluated for impairment 1,067 800 286 323 507 174 1 $ 3,158 Total allowance for loan losses ending balance $ 1,067 $ 800 $ 286 $ 323 $ 509 $ 174 $ 1 $ 3,160 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,247 $ - $ - 342 $ - $ - $ 2,589 Ending balance: Collectively evaluated for impairment 138,212 72,784 14,463 46,364 49,372 21,493 - 342,688 Total loans ending balance $ 138,212 $ 75,031 $ 14,463 $ 46,364 $ 49,714 $ 21,493 $ - $ 345,277 Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) December 31, 2015: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 2 $ - $ - $ 2 Ending balance: Collectively evaluated for impairment 1,065 706 324 331 396 157 47 3,026 Total allowance for loan losses ending balance $ 1,065 $ 706 $ 324 $ 331 $ 398 $ 157 $ 47 $ 3,028 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,285 $ - $ - $ 363 $ - $ - $ 2,648 Ending balance: Collectively evaluated for impairment 138,628 68,462 10,070 47,681 38,552 19,350 - 322,743 Total loans ending balance $ 138,628 $ 70,747 $ 10,070 $ 47,681 $ 38,915 $ 19,350 $ - $ 325,391 The following tables present the Company’s loans by risk rating as of March 31, 2016 and December 31, 2015: Real Estate Residential Commercial Construction and Land Development Home Equity Commercial and Industrial Consumer Total (In Thousands) March 31, 2016: Grade: Pass $ - $ 68,036 $ 14,463 $ - $ 44,684 $ - $ 127,183 Special mention - 3,270 - - 4,688 - 7,958 Substandard 591 3,725 - 229 342 - 4,887 Loans not formally rated 137,621 - - 46,135 - 21,493 205,249 Total $ 138,212 $ 75,031 $ 14,463 $ 46,364 $ 49,714 $ 21,493 $ 345,277 December 31, 2015: Grade: Pass $ - $ 64,823 $ 10,070 $ - $ 36,649 $ - $ 111,542 Special mention - 2,132 - - 216 - 2,348 Substandard 732 3,792 - 262 2,050 - 6,836 Loans not formally rated 137,896 - - 47,419 - 19,350 204,665 Total $ 138,628 $ 70,747 $ 10,070 $ 47,681 $ 38,915 $ 19,350 $ 325,391 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: Risk 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 March 31, 2016, $205.2 million of the total residential, home equity and consumer loan portfolio of $206.0 million was not formally rated. As of December 31, 2015, $204.7 million of the total residential, home equity and consumer loan portfolio of $205.7 million was 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 March 31, 2016 were 1.72% of total loans outstanding compared to 1.21% on December 31, 2015. The Company’s allowance for loan losses at March 31, 2016 was 0.91% of total loans compared to 0.93% as of December 31, 2015. An age analysis of past-due loans, segregated by class of loans, as of March 31, 2016 and December 31, 2015 is as follows: 30-59 Days 60-89 Days 90 Days or More Past Due Total Past Due Total Current Total Loans 90 Days or More Past Due and Accruing Nonaccrua l Loans (In Thousands) March 31, 2016: Real estate: Residential $ 541 $ - $ 453 $ 994 $ 137,218 $ 138,212 $ - $ 942 Commercial - - 1,637 1,637 64,815 66,452 - 2,249 Municipal - - - - 8,579 8,579 - - Construction and land development - - - - 14,463 14,463 - - Home equity - 83 146 229 46,135 46,364 - 229 Commercial and industrial 756 1,175 342 2,273 41,024 43,297 - 342 Municipal - - - - 6,417 6,417 - - Consumer 79 - 15 94 21,399 21,493 - 15 Total $ 1,376 $ 1,258 $ 2,593 $ 5,227 $ 340,050 $ 345,277 $ - $ 3,777 December 31, 2015: Real estate: Residential $ - $ 1,062 $ 594 $ 1,656 $ 136,972 $ 138,628 $ - $ 1,086 Commercial - - 1,668 1,668 60,450 62,118 - 2,285 Municipal - - - - 8,629 8,629 - - Construction and land development - - - - 10,070 10,070 - - Home equity 35 84 178 297 47,384 47,681 - 340 Commercial and industrial - - 363 363 34,942 35,305 - 363 Municipal - - - - 3,610 3,610 - - Consumer 47 7 5 59 19,291 19,350 - 5 Total $ 82 $ 1,153 $ 2,808 $ 4,043 $ 321,348 $ 325,391 $ - $ 4,079 Information about loans that meet the definition of an impaired loan in ASC 310-10-35 is as follows as of and for the three months ended March 31, 2016 and the year ended December 31, 2015: Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) March 31, 2016: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,247 2,247 - 2,276 19 Construction and land development - - - - - Home equity - - - - - Commercial and industrial - - - - - Total impaired with no related allowance $ 2,247 $ 2,247 $ - $ 2,276 $ 19 With an allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 342 342 2 356 - Total impaired with an allowance recorded $ 342 $ 342 $ 2 $ 356 $ - Total Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,247 2,247 - 2,276 19 Construction and land development - - - - - Home equity - - - - - Commercial and industrial 342 342 2 356 - Total impaired loans $ 2,589 $ 2,589 $ 2 $ 2,632 $ 19 December 31, 2015: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,285 2,285 - 2,358 77 Construction and land development - - - - - Home equity - - - - - Commercial and industrial - - - - - Total impaired with no related allowance $ 2,285 $ 2,285 $ - $ 2,358 $ 77 With an allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 363 363 2 404 - Total impaired with an allowance recorded $ 363 $ 363 $ 2 $ 404 $ - Total Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,285 2,285 - 2,358 77 Construction and land development - - - - - Home equity - - - - - Commercial and industrial 363 363 2 404 - Total impaired loans $ 2,648 $ 2,648 $ 2 $ 2,762 $ 77 The Bank’s TDRs are determined by management. TDRs may include all accrued interest, late charges, title and recording fees, and attorneys’ fees being added back to the pre-modification balance. In addition, rates and terms of the loans may have changed. There were no loans modified as a troubled debt restructuring during the three months ended March 31, 2016. There was one commercial loan that was modified as a troubled debt restructuring during the year ended December 31, 2015. The loan, with a recorded investment of $363 thousand at December 31, 2015, had its payment temporarily reduced as part of the modification. The loan was individually evaluated for impairment as of December 31, 2015 and it was determined that a $2 thousand specific allowance was required. The loan was in non-accrual status at March 31, 2016 and December 31, 2015. As of March 31, 2016, there were no foreclosed residential real estate properties held by the Company. There were no consumer mortgage loans collateralized by residential real estate property that were in the process of foreclosure according to local requirements of the applicable jurisdiction at March 31, 2016. The balance of mortgage servicing rights included in other assets at March 31, 2016 and December 31, 2015 was $1.81 million and $2.04 million, respectively. Mortgage servicing rights of $163 thousand and $180 thousand were capitalized for the three months ended March 31, 2016 and March 31, 2015, respectively. Amortization of mortgage servicing rights was $166 thousand and $150 thousand for the three months ended March 31, 2016 and March 31, 2015, respectively. The fair value of these rights was $1.81 million and $2.72 million as of March 31, 2016 and December 31, 2015, 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 $245.7 million and $255.2 million as of March 31, 2016 and December 31, 2015, respectively.

Note 8 - Securities Sold Under

Note 8 - Securities Sold Under Agreements to Repurchase	3 Months Ended
	Mar. 31, 2016
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 generally mature within three months from date of issue.

Note 9 - Other Comprehensive In

Note 9 - Other Comprehensive Income	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 9 – OTHER COMPREHENSIVE INCOME The following tables present the reclassification disclosure for the three months ended March 31, 2016 and 2015: Three Months Ended March 31, Three months ended: 2016 2015 ( In Thousands) Net change in unrealized holding gain on securities available-for-sale $ 966 $ 568 Reclassification adjustment for realized gains in net income (1) (47 ) (43 ) Other comprehensive income, before tax 919 525 Income tax expense (314 ) (177 ) Other comprehensive income, net of tax $ 605 $ 348 (1) Reclassification adjustments are comprised of realized security gains and losses. The gains and losses have been reclassified out of accumulated other comprehensive 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 (benefit) provision and the after tax amount is included in net income.

Note 4 - Fair Value Measureme18

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2016
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) March 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 10,553 $ - $ 10,553 $ - Obligations of states and municipalities 15,339 - 15,339 - Mortgage-backed securities 45,884 - 45,884 - SBA loan pools 1,098 - 1,098 - $ 72,874 $ - $ 72,874 $ - December 31, 2015: Debt securities issued by U.S. government corporations and agencies $ 10,463 $ - $ 10,463 $ - Obligations of states and municipalities 14,669 - 14,669 - Mortgage-backed securities 45,281 - 45,281 - SBA loan pools 1,104 - 1,104 - Totals $ 71,517 $ - $ 71,517 $ -
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) March 31, 2016: Impaired loans $ 240 $ - $ - $ 240 $ 240 $ - $ - $ 240 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, 2015: Impaired loans $ 240 $ - $ - $ 240 $ 240 $ - $ - $ 240
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2016 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 12,571 $ 12,571 $ - $ - $ 12,571 Certificates of deposit 1,500 1,500 - - 1,500 Available-for-sale securities 72,874 - 72,874 - 72,874 Federal Home Loan Bank stock 2,009 2,009 - - 2,009 Loans held-for-sale 1,187 - - 1,205 1,205 Loans, net 343,703 - - 345,387 345,387 Accrued interest receivable 1,161 1,161 - - 1,161 Bank owned life insurance 8,940 - 8,940 - 8,940 Financial liabilities: Deposits 383,212 - 379,453 - 379,453 Securities sold under agreements to repurchase 1,988 - 1,988 - 1,988 Federal Home Loan Bank advances 26,000 - 26,000 - 26,000 Long-term subordinated debt 7,230 - 7,557 - 7,557 December 31, 2015 Carrying Fair Value Amount Level 1 Level 2 Level 3 Total (In Thousands) Financial assets: Cash and cash equivalents $ 28,890 $ 28,890 $ - $ - $ 28,890 Certificates of deposit 1,250 1,250 - - 1,250 Available-for-sale securities 71,517 - 71,517 - 71,517 Federal Home Loan Bank stock 2,047 2,047 - - 2,047 Loans held-for-sale 2,167 - - 2,187 2,187 Loans, net 323,695 - - 322,596 322,596 Accrued interest receivable 1,143 1,143 - - 1,143 Bank owned life insurance 7,389 - 7,389 - 7,389 Financial liabilities: Deposits 372,642 - 363,752 - 363,752 Securities sold under agreements to repurchase 1,915 - 1,915 - 1,915 Federal Home Loan Bank advances 31,500 - 31,500 - 31,500 Long-term subordinated debt 7,230 - 7,339 - 7,339

Note 5 - Earnings Per Common 19

Note 5 - Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the three months ended 3/31/16 3/31/15 (In Thousands, Except Share and Per Share Data) Basic earnings per share computation: Net income $ 206 $ 343 Preferred stock net accretion - (3 ) Cumulative preferred stock dividends - (23 ) Net income available to common stockholders $ 206 $ 317 Weighted average shares outstanding, basic 1,348,572 887,891 Basic earnings per share $ 0.15 $ 0.36 Diluted earnings per share computation: Net income $ 206 $ 343 Preferred stock net accretion - (3 ) Cumulative preferred stock dividends - (23 ) Net income available to common stockholders $ 206 $ 317 Weighted average shares outstanding, before dilution 1,348,572 887,891 Dilutive potential shares 1,935 1,097 Weighted average shares outstanding, assuming dilution 1,350,507 888,988 Diluted earnings per share $ 0.15 $ 0.36

Note 6 - Investment Securities

Note 6 - Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	INVESTMENT PORTFOLIO (In Thousands) March 31, 2016 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Yield AVAILABLE-FOR-SALE SECURITIES Debt securities issued by U.S. government corporations and agencies Due after one to five years $ 10,495 $ 58 $ - $ 10,553 1.30 % Total U.S. government corporations and agencies 10,495 58 - 10,553 1.30 % Obligations of states and municipalities Due after one to five years 1,657 8 - 1,665 3.50 % Due after five to ten years 4,846 204 9 5,041 2.91 % Due after ten to fifteen years 6,227 217 - 6,444 2.70 % Due beyond fifteen years 2,116 73 - 2,189 3.13 % Total obligations of states and municipalities 14,846 502 9 15,339 2.92 % Mortgage-backed securities Due after one to five years 657 13 - 670 2.52 % Due after five to ten years 2,460 36 2 2,494 2.04 % Due after ten to fifteen years 25,208 90 38 25,260 1.81 % Due beyond fifteen years 17,504 64 108 17,460 2.28 % Total mortgage-backed securities 45,829 203 148 45,884 2.01 % SBA loan pool Due after five to ten years 1,072 26 - 1,098 3.17 % Total SBA loan pool 1,072 26 - 1,098 3.17 % Total available-for-sale securities $ 72,242 $ 789 $ 157 $ 72,874 2.33 % INVESTMENT PORTFOLIO (In Thousands) December 31,2015 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Yield AVAILABLE-FOR-SALE SECURITIES Debt securities issued by U.S. government corporations and agencies Due after one to five years $ 10,499 $ 6 $ 42 $ 10,463 1.33 % Total U.S. government corporations and agencies 10,499 6 42 10,463 1.33 % Obligations of states and municipalities Due within one year 375 4 - 379 3.95 % Due after one to five years 7,780 305 20 8,065 2.70 % Due after five to ten years 4,580 121 8 4,693 3.08 % Due after ten to fifteen years 1,025 9 8 1,026 2.51 % Due beyond fifteen years 498 8 - 506 3.25 % Total obligations of states and municipalities 14,258 447 36 14,669 2.86 % Mortgage-backed securities Due after one to five years 733 12 - 745 2.43 % Due after five to ten years 1,997 19 7 2,009 2.13 % Due after ten to fifteen years 25,144 16 393 24,767 1.80 % Due beyond fifteen years 18,084 18 342 17,760 2.20 % Total mortgage-backed securities 45,958 65 742 45,281 1.98 % SBA loan pools Due after five to ten years 1,089 23 8 1,104 3.19 % Total SBA loan pools 1,089 23 8 1,104 3.19 % Total available-for-sale securities $ 71,804 $ 541 $ 828 $ 71,517 2.36 %
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) March 31, 2016: Debt securities issued by U.S. government corporations and agencies $ 500 $ - $ 500 $ - $ 1,000 $ - Obligations of states and municipalities 491 9 - - 491 9 Mortgage-backed securities 7,113 9 11,908 111 19,021 120 Total temporarily impaired securities 8,104 18 12,408 111 20,512 129 Other-than-temporarily impaired securities: Mortgage-backed securities 12 - 213 28 225 28 Total temporarily impaired and other- than-temporarily impaired securities $ 8,116 $ 18 $ 12,621 $ 139 $ 20,737 $ 157 December 31, 2015: Debt securities issued by U.S. Government corporations and agencies $ 5,975 $ 24 $ 2,482 $ 18 $ 8,457 $ 42 SBA loan pools 760 8 - - 760 8 Obligations of states and municipalities 702 8 1,997 28 2,699 36 Mortgage-backed securities 22,125 255 17,463 461 39,588 716 Total temporarily impaired securities 29,562 295 21,942 507 51,504 802 Other-than-temporarily impaired securities: Mortgage-backed securities 15 - 219 26 234 26 Total temporarily impaired and other- than-temporarily impaired securities $ 29,577 $ 295 $ 22,161 $ 533 $ 51,738 $ 828

Note 7 - Loans, Allowance for21

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2016 December 31, 2015 (In Thousands) Real estate - residential $ 138,212 $ 138,628 Real estate - commercial 66,452 62,118 Real estate- municipal 8,579 8,629 Real estate - construction and land development 14,463 10,070 Home equity 46,364 47,681 Commercial and industrial 43,297 35,305 Municipal 6,417 3,610 Consumer 21,493 19,350 Total loans 345,277 325,391 Allowance for loan losses (3,160 ) (3,028 ) Deferred costs, net 1,586 1,332 Net loans $ 343,703 $ 323,695
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) March 31, 2016: Allowance for loan losses: Beginning balance $ 1,065 $ 706 $ 324 $ 331 $ 398 $ 157 $ 47 $ 3,028 Charge-offs - - - - - - - - Recoveries - - - 1 - - 1 Provision (benefit) 2 94 (38 ) (8 ) 110 17 (46 ) 131 Ending balance $ 1,067 $ 800 $ 286 $ 323 $ 509 $ 174 $ 1 $ 3,160 Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) March 31, 2015: Allowance for loan losses: Beginning balance $ 1,085 $ 738 $ 249 $ 324 $ 227 $ 134 $ 4 $ 2,761 Charge-offs (13 ) - - - - - - (13 ) Recoveries 1 - - - - - - 1 (Benefit) provision (29 ) (47 ) 131 (8 ) 16 (9 ) (4 ) 50 Ending balance $ 1,044 $ 691 $ 380 $ 316 $ 243 $ 125 $ - $ 2,799 Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial and Industrial Consumer Unallocated Total (In Thousands) March 31, 2016: Allowance for loan losses Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 2 - $ - $ 2 Ending balance: Collectively evaluated for impairment 1,067 800 286 323 507 174 1 $ 3,158 Total allowance for loan losses ending balance $ 1,067 $ 800 $ 286 $ 323 $ 509 $ 174 $ 1 $ 3,160 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,247 $ - $ - 342 $ - $ - $ 2,589 Ending balance: Collectively evaluated for impairment 138,212 72,784 14,463 46,364 49,372 21,493 - 342,688 Total loans ending balance $ 138,212 $ 75,031 $ 14,463 $ 46,364 $ 49,714 $ 21,493 $ - $ 345,277 Real Estate: Residential Commercial Construction and Land Development Home Equity Commercial & Industrial Consumer Unallocated Total (In thousands) December 31, 2015: Allowance for loan losses: Ending balance: Individually evaluated for impairment $ - $ - $ - $ - $ 2 $ - $ - $ 2 Ending balance: Collectively evaluated for impairment 1,065 706 324 331 396 157 47 3,026 Total allowance for loan losses ending balance $ 1,065 $ 706 $ 324 $ 331 $ 398 $ 157 $ 47 $ 3,028 Loans: Ending balance: Individually evaluated for impairment $ - $ 2,285 $ - $ - $ 363 $ - $ - $ 2,648 Ending balance: Collectively evaluated for impairment 138,628 68,462 10,070 47,681 38,552 19,350 - 322,743 Total loans ending balance $ 138,628 $ 70,747 $ 10,070 $ 47,681 $ 38,915 $ 19,350 $ - $ 325,391
Financing Receivable Credit Quality Indicators [Table Text Block]	Real Estate Residential Commercial Construction and Land Development Home Equity Commercial and Industrial Consumer Total (In Thousands) March 31, 2016: Grade: Pass $ - $ 68,036 $ 14,463 $ - $ 44,684 $ - $ 127,183 Special mention - 3,270 - - 4,688 - 7,958 Substandard 591 3,725 - 229 342 - 4,887 Loans not formally rated 137,621 - - 46,135 - 21,493 205,249 Total $ 138,212 $ 75,031 $ 14,463 $ 46,364 $ 49,714 $ 21,493 $ 345,277 December 31, 2015: Grade: Pass $ - $ 64,823 $ 10,070 $ - $ 36,649 $ - $ 111,542 Special mention - 2,132 - - 216 - 2,348 Substandard 732 3,792 - 262 2,050 - 6,836 Loans not formally rated 137,896 - - 47,419 - 19,350 204,665 Total $ 138,628 $ 70,747 $ 10,070 $ 47,681 $ 38,915 $ 19,350 $ 325,391
Past Due Financing Receivables [Table Text Block]	30-59 Days 60-89 Days 90 Days or More Past Due Total Past Due Total Current Total Loans 90 Days or More Past Due and Accruing Nonaccrua l Loans (In Thousands) March 31, 2016: Real estate: Residential $ 541 $ - $ 453 $ 994 $ 137,218 $ 138,212 $ - $ 942 Commercial - - 1,637 1,637 64,815 66,452 - 2,249 Municipal - - - - 8,579 8,579 - - Construction and land development - - - - 14,463 14,463 - - Home equity - 83 146 229 46,135 46,364 - 229 Commercial and industrial 756 1,175 342 2,273 41,024 43,297 - 342 Municipal - - - - 6,417 6,417 - - Consumer 79 - 15 94 21,399 21,493 - 15 Total $ 1,376 $ 1,258 $ 2,593 $ 5,227 $ 340,050 $ 345,277 $ - $ 3,777 December 31, 2015: Real estate: Residential $ - $ 1,062 $ 594 $ 1,656 $ 136,972 $ 138,628 $ - $ 1,086 Commercial - - 1,668 1,668 60,450 62,118 - 2,285 Municipal - - - - 8,629 8,629 - - Construction and land development - - - - 10,070 10,070 - - Home equity 35 84 178 297 47,384 47,681 - 340 Commercial and industrial - - 363 363 34,942 35,305 - 363 Municipal - - - - 3,610 3,610 - - Consumer 47 7 5 59 19,291 19,350 - 5 Total $ 82 $ 1,153 $ 2,808 $ 4,043 $ 321,348 $ 325,391 $ - $ 4,079
Impaired Financing Receivables [Table Text Block]	Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In Thousands) March 31, 2016: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,247 2,247 - 2,276 19 Construction and land development - - - - - Home equity - - - - - Commercial and industrial - - - - - Total impaired with no related allowance $ 2,247 $ 2,247 $ - $ 2,276 $ 19 With an allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 342 342 2 356 - Total impaired with an allowance recorded $ 342 $ 342 $ 2 $ 356 $ - Total Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,247 2,247 - 2,276 19 Construction and land development - - - - - Home equity - - - - - Commercial and industrial 342 342 2 356 - Total impaired loans $ 2,589 $ 2,589 $ 2 $ 2,632 $ 19 December 31, 2015: With no related allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,285 2,285 - 2,358 77 Construction and land development - - - - - Home equity - - - - - Commercial and industrial - - - - - Total impaired with no related allowance $ 2,285 $ 2,285 $ - $ 2,358 $ 77 With an allowance recorded: Real Estate: Residential $ - $ - $ - $ - $ - Commercial - - - - - Construction and land development - - - - - Home equity - - - - - Commercial and industrial 363 363 2 404 - Total impaired with an allowance recorded $ 363 $ 363 $ 2 $ 404 $ - Total Real Estate: Residential $ - $ - $ - $ - $ - Commercial 2,285 2,285 - 2,358 77 Construction and land development - - - - - Home equity - - - - - Commercial and industrial 363 363 2 404 - Total impaired loans $ 2,648 $ 2,648 $ 2 $ 2,762 $ 77

Note 9 - Other Comprehensive 22

Note 9 - Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended March 31, Three months ended: 2016 2015 ( In Thousands) Net change in unrealized holding gain on securities available-for-sale $ 966 $ 568 Reclassification adjustment for realized gains in net income (1) (47 ) (43 ) Other comprehensive income, before tax 919 525 Income tax expense (314 ) (177 ) Other comprehensive income, net of tax $ 605 $ 348

Note 2 - Stock-based Compensa23

Note 2 - Stock-based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated Share-based Compensation Expense	$ 39	$ 9

Note 4 - Fair Value Measureme24

Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Recurring Basis [Line Items]
Available-for-sale securities	$ 72,874	$ 71,517
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	10,553	10,463
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	15,339	14,669
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	45,884	45,281
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	1,098	1,104
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	72,874	71,517
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	72,874	71,517
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	10,553	10,463
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	15,339	14,669
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	45,884	45,281
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	$ 1,098	$ 1,104

Note 4 - Fair Value Measureme25

Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	$ 240	$ 240
Impaired Loans [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Asset Class	240	240
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	240	240
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	$ 240	$ 240

Note 4 - Fair Value Measureme26

Note 4 - Fair Value Measurements (Details) - Financial Instruments - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial assets:
Cash and cash equivalents	$ 12,571	$ 28,890
Cash and cash equivalents, fair value	12,571	28,890
Certificates of deposit	1,500	1,250
Certificates of deposit, fair value	1,500	1,250
Available-for-sale securities	72,874	71,517
Federal Home Loan Bank stock	2,009	2,047
Federal Home Loan Bank stock, fair value	2,009	2,047
Loans held-for-sale	1,187	2,167
Loans held-for-sale, fair value	1,205	2,187
Loans, net	343,703	323,695
Loans, net, fair value	345,387	322,596
Accrued interest receivable	1,161	1,143
Accrued interest receivable, fair value	1,161	1,143
Bank owned life insurance	8,940	7,389
Bank owned life insurance, fair value	8,940	7,389
Financial liabilities:
Deposits	383,212	372,642
Deposits, fair value	379,453	363,752
Securities sold under agreements to repurchase	1,988	1,915
Securities sold under agreements to repurchase, fair value	1,988	1,915
Federal Home Loan Bank advances	26,000	31,500
Federal Home Loan Bank advances, fair value	26,000	31,500
Long-term subordinated debt	7,230	7,230
Long-term subordinated debt, fair value	7,557	7,339
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents, fair value	12,571	28,890
Certificates of deposit, fair value	1,500	1,250
Federal Home Loan Bank stock, fair value	2,009	2,047
Accrued interest receivable	1,161	1,143
Accrued interest receivable, fair value	1,161	1,143
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Available-for-sale securities	72,874	71,517
Bank owned life insurance, fair value	8,940	7,389
Financial liabilities:
Deposits, fair value	379,453	363,752
Securities sold under agreements to repurchase, fair value	1,988	1,915
Federal Home Loan Bank advances, fair value	26,000	31,500
Long-term subordinated debt, fair value	7,557	7,339
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Loans held-for-sale, fair value	1,205	2,187
Loans, net, fair value	$ 345,387	$ 322,596

Note 5 - Earnings Per Common 27

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
	Mar. 31, 2016	Mar. 31, 2015
Basic earnings per share computation:
Net income	$ 206	$ 343
Preferred stock net accretion		(3)
Cumulative preferred stock dividends		(23)
Net income available to common stockholders	$ 206	$ 317
Weighted average shares outstanding, before dilution (in Shares)	1,348,572	887,891
Dilutive potential shares (in Shares)	1,935	1,097
Weighted average shares outstanding, assuming dilution (in Shares)	1,350,507	888,988
Diluted earnings per share (in Dollars per share)	$ 0.15	$ 0.36
Basic earnings per share (in Dollars per share)	$ 0.15	$ 0.36

Note 6 - Investment Securitie28

Note 6 - Investment Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Proceeds from Sale of Available-for-sale Securities	$ 565	$ 588
Available-for-sale Securities, Gross Realized Gains	47	43
Available-for-sale Securities, Realized Gain (Loss), Income Tax Expense (Benefit)	$ 16	$ 15

Note 6 - Investment Securitie29

Note 6 - Investment Securities (Details) - Amortized Cost and Fair Value - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, total available-for-sale securities	$ 72,242	$ 71,804
Gross unrealized gains, total available-for-sale securities	789	541
Gross unrealized losses, total available-for-sale securities	157	828
Fair value, total available-for-sale securities	$ 72,874	$ 71,517
Yield, total available-for-sale securities	2.33%	2.36%
US Government Agencies Debt Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 10,495	$ 10,499
Gross unrealized gains, due after one to five years	58	6
Gross unrealized losses, due after one to five years	0	42
Fair value, due after one to five years	$ 10,553	$ 10,463
Yield, due after one to five years	1.30%	1.33%
Amortized cost, total available-for-sale securities	$ 10,495	$ 10,499
Gross unrealized gains, total available-for-sale securities	58	6
Gross unrealized losses, total available-for-sale securities	0	42
Fair value, total available-for-sale securities	$ 10,553	$ 10,463
Yield, total available-for-sale securities	1.30%	1.33%
US States and Political Subdivisions Debt Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 1,657	$ 7,780
Gross unrealized gains, due after one to five years	8	305
Gross unrealized losses, due after one to five years	0	20
Fair value, due after one to five years	$ 1,665	$ 8,065
Yield, due after one to five years	3.50%	2.70%
Amortized cost, due after five to ten years	$ 4,846	$ 4,580
Gross unrealized gains, due after five to ten years	204	121
Gross unrealized losses, due after five to ten years	9	8
Fair value, due after five to ten years	$ 5,041	$ 4,693
Yield, due after five to ten years	2.91%	3.08%
Amortized cost, due after ten to fifteen years	$ 6,227	$ 1,025
Gross unrealized gains, due after ten to fifteen years	217	9
Gross unrealized losses, due after ten to fifteen years	0	8
Fair value, due after ten to fifteen years	$ 6,444	$ 1,026
Yield, due after ten to fifteen years	2.70%	2.51%
Amortized cost, due beyond fifteen years	$ 2,116	$ 498
Gross unrealized gains, due beyond fifteen years	73	8
Gross unrealized losses, due beyond fifteen years	0	0
Fair value, due beyond fifteen years	$ 2,189	$ 506
Yield, due beyond fifteen years	3.13%	3.25%
Amortized cost, total available-for-sale securities	$ 14,846	$ 14,258
Gross unrealized gains, total available-for-sale securities	502	447
Gross unrealized losses, total available-for-sale securities	9	36
Fair value, total available-for-sale securities	$ 15,339	$ 14,669
Yield, total available-for-sale securities	2.92%	2.86%
AVAILABLE-FOR-SALE SECURITIES
Due within one year		$ 375
Due within one year		4
Due within one year		0
Due within one year		$ 379
Due within one year		3.95%
Collateralized Mortgage Backed Securities [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after one to five years	$ 657	$ 733
Gross unrealized gains, due after one to five years	13	12
Gross unrealized losses, due after one to five years	0	0
Fair value, due after one to five years	$ 670	$ 745
Yield, due after one to five years	2.52%	2.43%
Amortized cost, due after five to ten years	$ 2,460	$ 1,997
Gross unrealized gains, due after five to ten years	36	19
Gross unrealized losses, due after five to ten years	2	7
Fair value, due after five to ten years	$ 2,494	$ 2,009
Yield, due after five to ten years	2.04%	2.13%
Amortized cost, due after ten to fifteen years	$ 25,208	$ 25,144
Gross unrealized gains, due after ten to fifteen years	90	16
Gross unrealized losses, due after ten to fifteen years	38	393
Fair value, due after ten to fifteen years	$ 25,260	$ 24,767
Yield, due after ten to fifteen years	1.81%	1.80%
Amortized cost, due beyond fifteen years	$ 17,504	$ 18,084
Gross unrealized gains, due beyond fifteen years	64	18
Gross unrealized losses, due beyond fifteen years	108	342
Fair value, due beyond fifteen years	$ 17,460	$ 17,760
Yield, due beyond fifteen years	2.28%	2.20%
Amortized cost, total available-for-sale securities	$ 45,829	$ 45,958
Gross unrealized gains, total available-for-sale securities	203	65
Gross unrealized losses, total available-for-sale securities	148	742
Fair value, total available-for-sale securities	$ 45,884	$ 45,281
Yield, total available-for-sale securities	2.01%	1.98%
Other Debt Obligations [Member]
AVAILABLE-FOR-SALE SECURITIES
Amortized cost, due after five to ten years	$ 1,072	$ 1,089
Gross unrealized gains, due after five to ten years	26	23
Gross unrealized losses, due after five to ten years	0	8
Fair value, due after five to ten years	$ 1,098	$ 1,104
Yield, due after five to ten years	3.17%	3.19%
Amortized cost, total available-for-sale securities	$ 1,072	$ 1,089
Gross unrealized gains, total available-for-sale securities	26	23
Gross unrealized losses, total available-for-sale securities	0	8
Fair value, total available-for-sale securities	$ 1,098	$ 1,104
Yield, total available-for-sale securities	3.17%	3.19%

Note 6 - Investment Securitie30

Note 6 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
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	$ 8,104	$ 29,562
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	18	295
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	12,408	21,942
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	111	507
Available-for-sale securities in a continuous unrealized loss position, fair value	20,512	51,504
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	129	802
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	500	5,975
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses		24
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	500	2,482
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	0	18
Available-for-sale securities in a continuous unrealized loss position, fair value	1,000	8,457
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	0	42
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	491	702
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	9	8
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	0	1,997
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	0	28
Available-for-sale securities in a continuous unrealized loss position, fair value	491	2,699
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	9	36
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	7,113	22,125
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	9	255
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	11,908	17,463
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	111	461
Available-for-sale securities in a continuous unrealized loss position, fair value	19,021	39,588
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	120	716
Temporarily Impaired Securities [Member] | Other Debt Obligations [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		760
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses		8
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value		0
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses		0
Available-for-sale securities in a continuous unrealized loss position, fair value		760
Available-for-sale securities in a continuous unrealized loss position, unrealized losses		8
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	8,116	29,577
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	18	295
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	12,621	22,161
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	139	533
Available-for-sale securities in a continuous unrealized loss position, fair value	20,737	51,738
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	157	828
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	12	15
Available-for-sale securities in a continuous unrealized loss position, less than 12 months, unrealized losses	0	0
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, fair value	213	219
Available-for-sale securities in a continuous unrealized loss position, 12 months or longer, unrealized losses	28	26
Available-for-sale securities in a continuous unrealized loss position, fair value	225	234
Available-for-sale securities in a continuous unrealized loss position, unrealized losses	$ 28	$ 26

Note 7 - Loans, Allowance for31

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 345,277,000		$ 325,391,000
Percentage of Delinquent Loans Outstanding	1.72%		1.21%
Allowance for Loan Losses Percentage	0.91%		0.93%
Financing Receivable, Modifications, Number of Contracts	0
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	$ 2,000		$ 2,000
Mortgage Loans in Process of Foreclosure, Amount	0
Mortgage Servicing Rights [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Servicing Asset at Amortized Cost	1,810,000		2,040,000
Servicing Asset at Amortized Cost, Additions	163,000	$ 180,000
Servicing Asset at Amortized Cost, Amortization	166,000	$ 150,000
Servicing Asset at Fair Value, Amount	1,810,000		2,720,000
Mortgages [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement	$ 245,700,000		255,200,000
Residential Portfolio Segment [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loan to Value Ratio	80.00%
Loans and Leases Receivable, Gross	$ 138,212,000		138,628,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0		0
Real Estate Acquired Through Foreclosure	0
Residential, Home Equity and Consumer Portfolio Segments [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 205,200,000		204,700,000
Home Equity Portfolio Segment [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loan to Value Ratio	80.00%
Loans and Leases Receivable, Gross	$ 46,364,000		47,681,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	0		0
Commercial Portfolio Segment [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loans and Leases Receivable, Gross	43,297,000		35,305,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	2,000		$ 2,000
Payments Temporarily Reduced [Member] | Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts			1
Financing Receivable, Modifications, Recorded Investment			$ 363,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment			2,000
Not Formally Rated [Member] | Residential, Home Equity and Consumer Portfolio Segments [Member]
Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 206,000,000		$ 205,700,000

Note 7 - Loans, Allowance for32

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 345,277	$ 325,391
Allowance for loan losses	(3,160)	(3,028)
Deferred costs, net	1,586	1,332
Net loans	343,703	323,695
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	138,212	138,628
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	66,452	62,118
Municipal Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	8,579	8,629
Construction and Land Development Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	14,463	10,070
Home Equity Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	46,364	47,681
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	43,297	35,305
Municipal Non Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	6,417	3,610
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 21,493	$ 19,350

Note 7 - Loans, Allowance for33

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Allowance for Loan Losses - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Dec. 31, 2015
Allowance for loan losses:
Beginning balance	$ 3,028	$ 2,761
Charge-offs	0	(13)
Recoveries	1	1
(Benefit) provision	131	50
Ending balance	3,160	2,799
Ending balance:
Individually evaluated for impairment, allowance			$ 2	$ 2
Collectively evaluated for impairment, allowance			3,158	3,026
Total allowance for loan losses ending balance	3,028	2,761	3,160	3,028
Loans:
Individually evaluated for impairment, loans			2,589	2,648
Ending balance:
Collectively evaluated for impairment, loans			342,688	322,743
Total loans ending balance			345,277	325,391
Residential Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	1,065	1,085
Charge-offs	0	(13)
Recoveries	0	1
(Benefit) provision	2	(29)
Ending balance	1,067	1,044
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			1,067	1,065
Total allowance for loan losses ending balance	1,065	1,085	1,067	1,065
Loans:
Individually evaluated for impairment, loans			0	0
Ending balance:
Collectively evaluated for impairment, loans			138,212	138,628
Total loans ending balance			138,212	138,628
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	706	738
Charge-offs	0	0
Recoveries	0	0
(Benefit) provision	94	(47)
Ending balance	800	691
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			800	706
Total allowance for loan losses ending balance	706	738	800	706
Loans:
Individually evaluated for impairment, loans			2,247	2,285
Ending balance:
Collectively evaluated for impairment, loans			72,784	68,462
Total loans ending balance			75,031	70,747
Construction and Land Development Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	324	249
Charge-offs	0	0
Recoveries	0	0
(Benefit) provision	(38)	131
Ending balance	286	380
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			286	324
Total allowance for loan losses ending balance	324	249	286	324
Loans:
Individually evaluated for impairment, loans			0	0
Ending balance:
Collectively evaluated for impairment, loans			14,463	10,070
Total loans ending balance			14,463	10,070
Home Equity Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	331	324
Charge-offs	0	0
Recoveries	0	0
(Benefit) provision	(8)	(8)
Ending balance	323	316
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			323	331
Total allowance for loan losses ending balance	331	324	323	331
Loans:
Individually evaluated for impairment, loans			0	0
Ending balance:
Collectively evaluated for impairment, loans			46,364	47,681
Total loans ending balance			46,364	47,681
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	398	227
Charge-offs	0	0
Recoveries	1	0
(Benefit) provision	110	16
Ending balance	509	243
Ending balance:
Individually evaluated for impairment, allowance			2	2
Collectively evaluated for impairment, allowance			507	396
Total allowance for loan losses ending balance	398	227	509	398
Loans:
Individually evaluated for impairment, loans			342	363
Ending balance:
Collectively evaluated for impairment, loans			49,372	38,552
Total loans ending balance			49,714	38,915
Consumer Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	157	134
Charge-offs	0	0
Recoveries	0	0
(Benefit) provision	17	(9)
Ending balance	174	125
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			174	157
Total allowance for loan losses ending balance	157	134	174	157
Loans:
Individually evaluated for impairment, loans			0	0
Ending balance:
Collectively evaluated for impairment, loans			21,493	19,350
Total loans ending balance			21,493	19,350
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Beginning balance	47	4
Charge-offs	0	0
Recoveries	0	0
(Benefit) provision	(46)	(4)
Ending balance	1
Ending balance:
Individually evaluated for impairment, allowance			0	0
Collectively evaluated for impairment, allowance			1	47
Total allowance for loan losses ending balance	$ 47	$ 4	1	47
Loans:
Individually evaluated for impairment, loans			0	0
Ending balance:
Collectively evaluated for impairment, loans			0	0
Total loans ending balance			$ 0	$ 0

Note 7 - Loans, Allowance for34

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Loans by Risk Rating - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Grade:
Loans	$ 345,277	$ 325,391
Pass [Member]
Grade:
Loans	127,183	111,542
Special Mention [Member]
Grade:
Loans	7,958	2,348
Substandard [Member]
Grade:
Loans	4,887	6,836
Not Formally Rated [Member]
Grade:
Loans	205,249	204,665
Residential Portfolio Segment [Member]
Grade:
Loans	138,212	138,628
Residential Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	0	0
Residential Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	0	0
Residential Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	591	732
Residential Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	137,621	137,896
Commercial Real Estate Portfolio Segment [Member]
Grade:
Loans	75,031	70,747
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	68,036	64,823
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	3,270	2,132
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	3,725	3,792
Commercial Real Estate Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	0	0
Construction and Land Development Real Estate Portfolio Segment [Member]
Grade:
Loans	14,463	10,070
Construction and Land Development Real Estate Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	14,463	10,070
Construction and Land Development Real Estate Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	0	0
Construction and Land Development Real Estate Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	0	0
Construction and Land Development Real Estate Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	0	0
Home Equity Portfolio Segment [Member]
Grade:
Loans	46,364	47,681
Home Equity Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	0	0
Home Equity Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	0	0
Home Equity Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	229	262
Home Equity Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	46,135	47,419
Commercial Portfolio Segment [Member]
Grade:
Loans	49,714	38,915
Commercial Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	44,684	36,649
Commercial Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	4,688	216
Commercial Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	342	2,050
Commercial Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	0	0
Consumer Portfolio Segment [Member]
Grade:
Loans	21,493	19,350
Consumer Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	0	0
Consumer Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	0	0
Consumer Portfolio Segment [Member] | Not Formally Rated [Member]
Grade:
Loans	$ 21,493	$ 19,350

Note 7 - Loans, Allowance for35

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Age Analysis of Past Due Loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Real estate:
Past Due	$ 5,227	$ 4,043
Total current	340,050	321,348
Total loans	345,277	325,391
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	3,777	4,079
Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	1,376	82
Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	1,258	1,153
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	2,593	2,808
Residential Portfolio Segment [Member]
Real estate:
Past Due	994	1,656
Total current	137,218	136,972
Total loans	138,212	138,628
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	942	1,086
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	541	0
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	1,062
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	453	594
Commercial Real Estate Portfolio Segment [Member]
Real estate:
Past Due	1,637	1,668
Total current	64,815	60,450
Total loans	66,452	62,118
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	2,249	2,285
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	0	0
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	0
Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	1,637	1,668
Municipal Real Estate Portfolio Segment [Member]
Real estate:
Past Due	0	0
Total current	8,579	8,629
Total loans	8,579	8,629
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	0	0
Municipal Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	0	0
Municipal Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	0
Municipal Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	0	0
Construction and Land Development Real Estate Portfolio Segment [Member]
Real estate:
Past Due	0	0
Total current	14,463	10,070
Total loans	14,463	10,070
90 Days or More Past Due and Accruing	0	$ 0
Nonaccrual loans	0
Construction and Land Development Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	0	$ 0
Construction and Land Development Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	0
Construction and Land Development Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	0	0
Home Equity Portfolio Segment [Member]
Real estate:
Past Due	229	297
Total current	46,135	47,384
Total loans	46,364	47,681
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	229	340
Home Equity Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	0	35
Home Equity Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	83	84
Home Equity Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	146	178
Commercial Portfolio Segment [Member]
Real estate:
Past Due	2,273	363
Total current	41,024	34,942
Total loans	43,297	35,305
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	342	363
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	756	0
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	1,175	0
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	342	363
Municipal Non Real Estate Portfolio Segment [Member]
Real estate:
Past Due	0	0
Total current	6,417	3,610
Total loans	6,417	3,610
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	0	0
Municipal Non Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	0	0
Municipal Non Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	0
Municipal Non Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	0	0
Consumer Portfolio Segment [Member]
Real estate:
Past Due	94	59
Total current	21,399	19,291
Total loans	21,493	19,350
90 Days or More Past Due and Accruing	0	0
Nonaccrual loans	15	5
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Real estate:
Past Due	79	47
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Real estate:
Past Due	0	7
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Real estate:
Past Due	$ 15	$ 5

Note 7 - Loans, Allowance for36

Note 7 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Impaired Loans - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Real Estate:
Recorded investment, with no allowance	$ 2,247	$ 2,285
Unpaid principal balance, with no allowance	2,247	2,285
Average recorded investment, with no allowance	2,276	2,358
Interest income recognized, with no allowance	19	77
Real Estate:
Recorded investment, with allowance	342	363
Unpaid principal balance, with allowance	342	363
Related Allowance	2	2
Average recorded investment, with allowance	356	404
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	2,589	2,648
Unpaid principal balance	2,589	2,648
Related Allowance	2	2
Average recorded investment	2,632	2,762
Interest income recognized	19	77
Residential Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	0	0
Unpaid principal balance, with no allowance	0	0
Average recorded investment, with no allowance	0	0
Interest income recognized, with no allowance	0	0
Real Estate:
Recorded investment, with allowance	0	0
Unpaid principal balance, with allowance	0	0
Related Allowance	0	0
Average recorded investment, with allowance	0	0
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	0	0
Unpaid principal balance	0	0
Related Allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Commercial Real Estate Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	2,247	2,285
Unpaid principal balance, with no allowance	2,247	2,285
Average recorded investment, with no allowance	2,276	2,358
Interest income recognized, with no allowance	19	77
Real Estate:
Recorded investment, with allowance	0	0
Unpaid principal balance, with allowance	0	0
Related Allowance	0	0
Average recorded investment, with allowance	0	0
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	2,247	2,285
Unpaid principal balance	2,247	2,285
Related Allowance	0	0
Average recorded investment	2,276	2,358
Interest income recognized	19	77
Construction and Land Development Real Estate Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	0	0
Unpaid principal balance, with no allowance	0	0
Average recorded investment, with no allowance	0	0
Interest income recognized, with no allowance	0	0
Real Estate:
Recorded investment, with allowance	0	0
Unpaid principal balance, with allowance	0	0
Related Allowance	0	0
Average recorded investment, with allowance	0	0
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	0	0
Unpaid principal balance	0	0
Related Allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Home Equity Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	0	0
Unpaid principal balance, with no allowance	0	0
Average recorded investment, with no allowance	0	0
Interest income recognized, with no allowance	0	0
Real Estate:
Recorded investment, with allowance	0	0
Unpaid principal balance, with allowance	0	0
Related Allowance	0	0
Average recorded investment, with allowance	0	0
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	0	0
Unpaid principal balance	0	0
Related Allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Commercial Portfolio Segment [Member]
Real Estate:
Recorded investment, with no allowance	0	0
Unpaid principal balance, with no allowance	0	0
Average recorded investment, with no allowance	0	0
Interest income recognized, with no allowance	0	0
Real Estate:
Recorded investment, with allowance	342	363
Unpaid principal balance, with allowance	342	363
Related Allowance	2	2
Average recorded investment, with allowance	356	404
Interest income recognized, with allowance	0	0
Real Estate:
Recorded investment	342	363
Unpaid principal balance	342	363
Related Allowance	2	2
Average recorded investment	356	404
Interest income recognized	$ 0	$ 0

Note 8 - Securities Sold Unde37

Note 8 - Securities Sold Under Agreements to Repurchase (Details)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Repurchase Agreements, Maturity	3 months

Note 9 - Other Comprehensive 38

Note 9 - Other Comprehensive Income (Details) - Reclassification of Other Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Reclassification of Other Comprehensive Income (Loss) [Abstract]
Net change in unrealized holding gain on securities available-for-sale		$ 966	$ 568
Reclassification adjustment for realized gains in net income (1)	[1]	(47)	(43)
Other comprehensive income, before tax		919	525
Income tax expense		(314)	(177)
Other comprehensive income, net of tax		$ 605	$ 348
[1]	Reclassification adjustments are comprised of realized security gains and losses. The gains and losses have been reclassified out of accumulated other comprehensive 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 (benefit) provision and the after tax amount is included in net income.