Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4 – Loans Loans were as follows: June 30, December 31, 2016 2015 (in thousands) Commercial $ 75,222 $ 86,176 Commercial Real Estate: Construction 33,184 33,154 Farmland 77,742 76,412 Nonfarm nonresidential 147,969 140,570 Residential Real Estate: Multi-family 44,652 44,131 1-4 Family 196,388 201,478 Consumer 9,853 10,010 Agriculture 38,710 26,316 Other 416 419 Subtotal 624,136 618,666 Less: Allowance for loan losses (10,104 ) (12,041 ) Loans, net $ 614,032 $ 606,625 The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended June 30, 2016 and 2015: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) June 30, 2016: Beginning balance $ 642 $ 6,763 $ 3,683 $ 115 $ 136 $ 1 $ 11,340 Negative provision for loan losses 305 (1,213 ) 471 (200 ) (15 ) 52 (600 ) Loans charged off (249 ) (127 ) (455 ) (22 ) (8 ) (67 ) (928 ) Recoveries 32 6 79 154 6 15 292 Ending balance $ 730 $ 5,429 $ 3,778 $ 47 $ 119 $ 1 $ 10,104 June 30, 2015: Beginning balance $ 2,046 $ 10,680 $ 5,221 $ 244 $ 391 $ 15 $ 18,597 Provision for loan losses (296 ) (330 ) 604 10 3 9 — Loans charged off (99 ) (1,224 ) (809 ) (62 ) (37 ) (33 ) (2,264 ) Recoveries 295 87 44 34 2 14 476 Ending balance $ 1,946 $ 9,213 $ 5,060 $ 226 $ 359 $ 5 $ 16,809 The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended June 30, 2016 and 2015: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) June 30, 2016: Beginning balance $ 818 $ 6,993 $ 3,984 $ 122 $ 122 $ 2 $ 12,041 Negative provision for loan losses 106 (1,588 ) 600 (233 ) (80 ) 45 (1,150 ) Loans charged off (261 ) (245 ) (1,050 ) (35 ) (8 ) (78 ) (1,677 ) Recoveries 67 269 244 193 85 32 890 Ending balance $ 730 $ 5,429 $ 3,778 $ 47 $ 119 $ 1 $ 10,104 June 30, 2015: Beginning balance $ 2,046 $ 10,931 $ 5,787 $ 274 $ 319 $ 7 $ 19,364 Provision for loan losses (27 ) (323 ) 220 22 107 1 — Loans charged off (474 ) (1,593 ) (1,291 ) (130 ) (70 ) (33 ) (3,591 ) Recoveries 401 198 344 60 3 30 1,036 Ending balance $ 1,946 $ 9,213 $ 5,060 $ 226 $ 359 $ 5 $ 16,809 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 June 30, 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 $ – $ 45 $ 100 $ – $ 1 $ – $ 146 Collectively evaluated for impairment 730 5,384 3,678 47 118 1 9,958 Total ending allowance balance $ 730 $ 5,429 $ 3,778 $ 47 $ 119 $ 1 $ 10,104 Loans: Loans individually evaluated for impairment $ 748 $ 12,554 $ 12,088 $ 6 $ 139 $ – $ 25,535 Loans collectively evaluated for impairment 74,474 246,341 228,952 9,847 38,571 416 598,601 Total ending loans balance $ 75,222 $ 258,895 $ 241,040 $ 9,853 $ 38,710 $ 416 $ 624,136 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 June 30, 2016 and December 31, 2015 and for the three and six months ended June 30, 2016 and 2015: Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 1,061 $ 748 $ — $ 806 $ — $ 908 $ 1 Commercial real estate: Construction 259 259 — 260 3 261 78 Farmland 6,250 4,591 — 4,358 2 4,327 8 Nonfarm nonresidential 10,056 6,692 — 6,547 58 6,974 306 Residential real estate: Multi-family 2,387 2,387 — 2,393 28 1,606 58 1-4 Family 5,882 3,961 — 4,897 13 7,184 71 Consumer 39 6 — 7 1 11 8 Agriculture 97 69 — 73 — 99 — Other — — — — — — — Subtotal 26,031 18,713 — 19,341 105 21,370 530 With An Allowance Recorded: Commercial — — — — — — — Commercial real estate: Construction — — — — — — — Farmland 614 605 8 302 — 202 — Nonfarm nonresidential 407 407 37 409 6 427 12 Residential real estate: Multi-family 4,159 4,159 25 4,168 51 4,177 101 1-4 Family 1,581 1,581 75 1,630 34 1,650 54 Consumer — — — — — — — Agriculture 78 70 1 35 — 23 — Other — — — — — — — Subtotal 6,839 6,822 146 6,544 91 6,479 167 Total $ 32,870 $ 25,535 $ 146 $ 25,885 $ 196 $ 27,849 $ 697 As of December 31, 2015 Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 1,558 $ 1,112 $ — $ 1,605 $ 5 $ 1,730 $ 5 Commercial real estate: Construction 278 262 — 2,475 4 3,016 8 Farmland 6,004 4,263 — 4,659 3 4,685 26 Nonfarm nonresidential 11,256 7,829 — 20,356 72 21,043 137 Residential real estate: Multi-family 32 32 — 17 — 38 — 1-4 Family 14,066 11,756 — 14,235 110 14,579 244 Consumer 118 20 — 22 — 25 — Agriculture 260 152 — 231 — 241 — Other — — — 62 2 82 4 Subtotal 33,572 25,426 — 43,662 196 45,439 424 With An Allowance Recorded: Commercial — — — 10 — 22 — Commercial real estate: Construction — — — — — — — Farmland — — — — — 105 — Nonfarm nonresidential 574 465 43 2,615 6 7,266 12 Residential real estate: Multi-family 4,195 4,195 57 4,235 55 4,246 102 1-4 Family 1,690 1,690 328 1,628 14 1,676 39 Consumer — — — 4 — 13 — Agriculture — — — — — — — Other — — — — — — — Subtotal 6,459 6,350 428 8,492 75 13,328 153 Total $ 40,031 $ 31,776 $ 428 $ 52,154 $ 271 $ 58,767 $ 577 Cash basis income recognized for the three and six months ended June 30, 2016 was $7,000 and $290,000, respectively, and $29,000 and $102,000 for the three and six months ended June 30, 2015, respectively. 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 June 30, 2016 and December 31, 2015: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) June 30, 2016 Commercial Rate reduction $ — $ 68 $ 68 Principal deferral — 439 439 Commercial Real Estate: Construction Rate reduction 259 — 259 Farmland Principal deferral — 2,340 2,340 Nonfarm nonresidential Rate reduction 5,550 — 5,550 Principal deferral — 606 606 Residential Real Estate: Multi-family Rate reduction 6,546 — 6,546 1-4 Family Rate reduction 1,581 — 1,581 Total TDRs $ 13,936 $ 3,453 $ 17,389 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 June 30, 2016 and December 31, 2015, 80% and 83%, respectively, of the Company’s TDRs were performing according to their modified terms. The Company allocated $137,000 and $179,000 in reserves to borrowers whose loan terms have been modified in TDRs as of June 30, 2016, and December 31, 2015, respectively. The Company has committed to lend no additional amounts as of June 30, 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 or six months ended June 30, 2016 or June 30, 2015. During the first six 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 June 30, 2016, and December 31, 2015: Nonaccrual Loans Past Due 90 Days And Over Still Accruing June 30, 2016 December 31, 201 5 June 30 , 201 6 December 31, 201 5 (in thousands) Commercial $ 748 $ 1,112 $ — $ — Commercial Real Estate: Construction — — — — Farmland 5,196 4,263 — — Nonfarm nonresidential 1,549 2,657 — — Residential Real Estate: Multi-family — 32 — — 1-4 Family 3,961 5,851 — — Consumer 6 20 — — Agriculture 139 152 — — Other — — — — Total $ 11,599 $ 14,087 $ — $ — The following table presents the aging of the recorded investment in past due loans as of June 30, 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) June 30, 2016 Commercial $ 42 $ 25 $ — $ 748 $ 815 Commercial Real Estate: Construction — — — — — Farmland 242 — — 5,196 5,438 Nonfarm nonresidential 110 — — 1,549 1,659 Residential Real Estate: Multi-family — — — — — 1-4 Family 1,918 311 — 3,961 6,190 Consumer 89 — — 6 95 Agriculture — — — 139 139 Other — — — — — Total $ 2,401 $ 336 $ — $ 11,599 $ 14,336 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 June 30, 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) June 30, 2016 Commercial $ 73,569 $ 400 $ — $ 1,253 $ — $ 75,222 Commercial Real Estate: Construction 27,915 5,269 — — — 33,184 Farmland 67,422 2,492 — 7,828 — 77,742 Nonfarm nonresidential 130,191 14,632 538 2,608 — 147,969 Residential Real Estate: Multi-family 33,828 6,934 — 3,890 — 44,652 1-4 Family 172,447 15,036 84 8,821 — 196,388 Consumer 9,339 378 — 136 — 9,853 Agriculture 32,726 4,883 — 1,101 — 38,710 Other 416 — — — — 416 Total $ 547,853 $ 50,024 $ 622 $ 25,637 $ — $ 624,136 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 |