Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4 – Loans Loans were as follows: March 31, December 31, 2016 2015 (in thousands) Commercial $ 83,743 $ 86,176 Commercial Real Estate: Construction 34,631 33,154 Farmland 73,119 76,412 Nonfarm nonresidential 143,767 140,570 Residential Real Estate: Multi-family 43,541 44,131 1-4 Family 197,983 201,478 Consumer 9,929 10,010 Agriculture 32,731 26,316 Other 383 419 Subtotal 619,827 618,666 Less: Allowance for loan losses (11,340 ) (12,041 ) Loans, net $ 608,487 $ 606,625 The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2016 and 2015: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) March 31, 2016: Beginning balance $ 818 $ 6,993 $ 3,984 $ 122 $ 122 $ 2 $ 12,041 Negative provision for loan losses (199 ) (375 ) 129 (33 ) (65 ) (7 ) (550 ) Loans charged off (12 ) (118 ) (595 ) (13 ) – (11 ) (749 ) Recoveries 35 263 165 39 79 17 598 Ending balance $ 642 $ 6,763 $ 3,683 $ 115 $ 136 $ 1 $ 11,340 March 31, 2015: Beginning balance $ 2,046 $ 10,931 $ 5,787 $ 274 $ 319 $ 7 $ 19,364 Provision for loan losses 269 7 (384 ) 12 104 (8 ) – Loans charged off (375 ) (369 ) (482 ) (68 ) (33 ) – (1,327 ) Recoveries 106 111 300 26 1 16 560 Ending balance $ 2,046 $ 10,680 $ 5,221 $ 244 $ 391 $ 15 $ 18,597 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of March 31, 2016: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ – $ 39 $ 425 $ – $ – $ – $ 464 Collectively evaluated for impairment 642 6,724 3,258 115 136 1 10,876 Total ending allowance balance $ 642 $ 6,763 $ 3,683 $ 115 $ 136 $ 1 $ 11,340 Loans: Loans individually evaluated for impairment $ 864 $ 11,198 $ 14,089 $ 8 $ 77 $ – $ 26,236 Loans collectively evaluated for impairment 82,879 240,319 227,435 9,921 32,654 383 593,591 Total ending loans balance $ 83,743 $ 251,517 $ 241,524 $ 9,929 $ 32,731 $ 383 $ 619,827 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of December 31, 2015: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ – $ 43 $ 385 $ – $ – $ – $ 428 Collectively evaluated for impairment 818 6,950 3,599 122 122 2 11,613 Total ending allowance balance $ 818 $ 6,993 $ 3,984 $ 122 $ 122 $ 2 $ 12,041 Loans: Loans individually evaluated for impairment $ 1,112 $ 12,819 $ 17,673 $ 20 $ 152 $ – $ 31,776 Loans collectively evaluated for impairment 85,064 237,317 227,936 9,990 26,164 419 586,890 Total ending loans balance $ 86,176 $ 250,136 $ 245,609 $ 10,010 $ 26,316 $ 419 $ 618,666 Impaired Loans Impaired loans include restructured loans and loans on nonaccrual or classified as doubtful, whereby collection of the total amount is improbable, or loss, whereby all or a portion of the loan has been written off or a specific allowance for loss has been provided. The following tables present information related to loans individually evaluated for impairment by class of loans as of March 31, 2016 and December 31, 2015 and for the three months ended March 31, 2016 and 2015: As of March 31, 2016 Three Months Ended March 31, 2016 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Cash Basis Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 1,176 $ 864 $ — $ 987 $ 1 $ 1 Commercial real estate: Construction 277 261 — 261 3 — Farmland 5,726 4,125 — 4,194 6 5 Nonfarm nonresidential 9,705 6,401 — 7,116 248 190 Residential real estate: Multi-family 2,400 2,400 — 1,216 30 1 1-4 Family 7,977 5,834 — 8,795 58 6 Consumer 40 8 — 14 7 8 Agriculture 105 77 — 115 — — Other — — — — — — 27,406 19,970 — 22,698 353 211 With An Allowance Recorded: Commercial — — — — — — Commercial real estate: Construction — — — — — — Farmland — — — — — — Nonfarm nonresidential 411 411 39 438 6 — Residential real estate: Multi-family 4,177 4,177 48 4,186 50 — 1-4 Family 1,678 1,678 377 1,684 20 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 6,266 6,266 464 6,308 76 — Total $ 33,672 $ 26,236 $ 464 $ 29,006 $ 429 $ 211 As of December 31, 2015 Three Months Ended March 31, 2015 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Cash Basis Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 1,558 $ 1,112 $ — $ 1,821 $ — $ — Commercial real estate: Construction 278 262 — 4,019 4 1 Farmland 6,004 4,263 — 4,804 23 23 Nonfarm nonresidential 11,256 7,829 — 22,920 65 — Residential real estate: Multi-family 32 32 — 40 — — 1-4 Family 14,066 11,756 — 14,918 134 47 Consumer 118 20 — 27 — — Agriculture 260 152 — 247 — — Other — — — 123 2 2 Subtotal 33,572 25,426 — 48,919 228 73 With An Allowance Recorded: Commercial — — — 29 — — Commercial real estate: Construction — — — — — — Farmland — — — 157 — — Nonfarm nonresidential 574 465 43 8,535 6 — Residential real estate: Multi-family 4,195 4,195 57 4,258 47 — 1-4 Family 1,690 1,690 328 1,727 25 — Consumer — — — 20 — — Agriculture — — — — — — Other — — — — — — Subtotal 6,459 6,350 428 14,726 78 — Total $ 40,031 $ 31,776 $ 428 $ 63,645 $ 306 $ 73 Troubled Debt Restructuring A troubled debt restructuring (TDR) occurs when the Company has agreed to a loan modification in the form of a concession for a borrower who is experiencing financial difficulty. The majority of the Company’s TDRs involve a reduction in interest rate, a deferral of principal for a stated period of time, or an interest only period. All TDRs are considered impaired and the Company has allocated reserves for these loans to reflect the present value of the concessionary terms granted to the borrower. The following table presents the types of TDR loan modifications by portfolio segment outstanding as of March 31, 2016 and December 31, 2015: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) March 31, 2016 Commercial Rate reduction $ — $ 68 $ 68 Principal deferral — 439 439 Commercial Real Estate: Construction Rate reduction 261 — 261 Farmland Principal deferral — 2,365 2,365 Nonfarm nonresidential Rate reduction 5,593 — 5,593 Principal deferral — 607 607 Residential Real Estate: Multi-family Rate reduction 6,577 — 6,577 1-4 Family Rate reduction 2,436 — 2,436 Total TDRs $ 14,867 $ 3,479 $ 18,346 TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2015 Commercial Rate reduction $ — $ 68 $ 68 Principal deferral — 439 439 Commercial Real Estate: Construction Rate reduction 262 — 262 Farmland Principal deferral — 2,365 2,365 Nonfarm nonresidential Rate reduction 5,637 50 5,687 Principal deferral — 622 622 Residential Real Estate: Multi-family Rate reduction 4,195 — 4,195 1-4 Family Rate reduction 7,346 — 7,346 Total TDRs $ 17,440 $ 3,544 $ 20,984 At March 31, 2016 and December 31, 2015, 81% and 83%, respectively, of the Company’s TDRs were performing according to their modified terms. The Company allocated $215,000 and $179,000 in reserves to borrowers whose loan terms have been modified in TDRs as of March 31, 2016, and December 31, 2015, respectively. The Company has committed to lend no additional amounts as of March 31, 2016 and December 31, 2015 to borrowers with outstanding loans classified as TDRs. Management periodically reviews renewals/modifications of previously identified TDRs, for which there was no principal forgiveness, to consider if it is appropriate to remove the TDR classification. If the borrower is no longer experiencing financial difficulty and the renewal/modification did not contain a concessionary interest rate or other concessionary terms, management considers the potential removal of the TDR classification. If deemed appropriate, the TDR classification is removed as the borrower has complied with the terms of the loan at the date of renewal/modification and there was a reasonable expectation that the borrower would continue to comply with the terms of the loan subsequent to the date of the renewal/modification. In this instance, the TDR was originally considered a restructuring in a prior year as a result of a modification with an interest rate that was not commensurate with the risk of the underlying loan. Additionally, TDR classification can be removed in circumstances in which the Company performs a non-concessionary re-modification of the loan at terms that were considered to be at market for loans with comparable risk. Management expects the borrower will continue to perform under the re-modified terms based on the borrower’s past history of performance. No TDR loan modifications occurred during the three months ended March 31, 2016 or March 31, 2015. During the first three months of 2016 and 2015, no TDRs defaulted on their restructured loan within the 12 month period following the loan modification. A default is considered to have occurred once the TDR is past due 90 days or more or it has been placed on nonaccrual. Nonperforming Loans Nonperforming loans include impaired loans not on accrual and smaller balance homogeneous loans, such as residential mortgage and consumer loans, that are collectively evaluated for impairment. The following table presents the recorded investment in nonaccrual and loans past due 90 days and still on accrual by class of loan as of March 31, 2016, and December 31, 2015: Nonaccrual Loans Past Due 90 Days And Over Still Accruing March 31, 2016 December 31, 201 5 March 31 , 201 6 December 31, 201 5 (in thousands) Commercial $ 864 $ 1,112 $ — $ — Commercial Real Estate: Construction — — — — Farmland 4,125 4,263 — — Nonfarm nonresidential 1,219 2,657 — — Residential Real Estate: Multi-family — 32 — — 1-4 Family 4,827 5,851 — — Consumer 7 20 — — Agriculture 77 152 — — Other — — — — Total $ 11,119 $ 14,087 $ — $ — The following table presents the aging of the recorded investment in past due loans as of March 31, 2016 and December 31, 2015: 30 – 59 Days Past Due 60 – 89 Days Past Due 90 Days And Over Past Due Nonaccrual Total Past Due And Nonaccrual (in thousands) March 31, 2016 Commercial $ 34 $ — $ — $ 864 $ 898 Commercial Real Estate: Construction 128 — — — 128 Farmland 244 4 — 4,125 4,373 Nonfarm nonresidential — — — 1,219 1,219 Residential Real Estate: Multi-family — — — — — 1-4 Family 1,412 12 — 4,827 6,251 Consumer 11 9 — 7 26 Agriculture — 37 — 77 114 Other — — — — — Total $ 1,829 $ 62 $ — $ 11,119 $ 13,010 30 – 59 Days Past Due 60 – 89 Days Past Due 90 Days And Over Past Due Nonaccrual Total Past Due And Nonaccrual (in thousands) December 31, 2015 Commercial $ 78 $ — $ — $ 1,112 $ 1,190 Commercial Real Estate: Construction — — — — — Farmland 456 — — 4,263 4,719 Nonfarm nonresidential 326 — — 2,657 2,983 Residential Real Estate: Multi-family — — — 32 32 1-4 Family 2,225 241 — 5,851 8,317 Consumer 41 — — 20 61 Agriculture 7 — — 152 159 Other — — — — — Total $ 3,133 $ 241 $ — $ 14,087 $ 17,461 Credit Quality Indicators We categorize all loans into risk categories at origination based upon original underwriting. Thereafter, we categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends. Additionally, loans are analyzed regularly through our internal and external loan review processes. Borrower relationships in excess of $500,000 are routinely analyzed through our credit administration processes which classify the loans as to credit risk. The following definitions are used for risk ratings: Watch – Special Mention – Substandard – Doubtful Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be “Pass” rated loans. As of March 31, 2016, and December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Pass Watch Special Mention Substandard Doubtful Total (in thousands) March 31, 2016 Commercial $ 81,911 $ 436 $ — $ 1,396 $ — $ 83,743 Commercial Real Estate: Construction 29,027 5,604 — — — 34,631 Farmland 62,573 4,829 — 5,717 — 73,119 Nonfarm nonresidential 117,964 22,017 1,317 2,469 — 143,767 Residential Real Estate: Multi-family 32,648 6,988 — 3,905 — 43,541 1-4 Family 172,540 14,432 66 10,945 — 197,983 Consumer 9,356 436 — 137 — 9,929 Agriculture 28,049 4,523 — 159 — 32,731 Other 383 — — — — 383 Total $ 534,451 $ 59,265 $ 1,383 $ 24,728 $ — $ 619,827 Pass Watch Special Mention Substandard Doubtful Total (in thousands) December 31, 2015 Commercial $ 81,570 $ 2,953 $ — $ 1,653 $ — $ 86,176 Commercial Real Estate: Construction 27,603 5,289 — 262 — 33,154 Farmland 65,476 4,844 — 6,092 — 76,412 Nonfarm nonresidential 111,901 22,687 1,328 4,654 — 140,570 Residential Real Estate: Multi-family 35,300 4,879 — 3,952 — 44,131 1-4 Family 164,490 17,636 67 19,285 — 201,478 Consumer 9,323 474 — 213 — 10,010 Agriculture 21,402 4,601 — 313 — 26,316 Other 419 — — — — 419 Total $ 517,484 $ 63,363 $ 1,395 $ 36,424 $ — $ 618,666 |