Quaint Oak Bancorp (QNTO) 10-Q 13 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 11, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	QUAINT OAK BANCORP INC
Trading Symbol	QNTO
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		913,232
Amendment Flag	false
Entity Central Index Key	1,391,933
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Due from banks, non-interest-bearing	$ 90	$ 696
Due from banks, interest-bearing	4,957	13,241
Cash and cash equivalents	5,047	13,937
Investment in interest-earning time deposits	5,884	6,660
Investment securities available for sale	1,726	1,706
Loans held for sale	5,332	2,556
Loans receivable, net of allowance for loan losses
(2015 $1,276; 2014 $1,148)	141,277	123,331
Accrued interest receivable	893	788
Investment in Federal Home Loan Bank stock, at cost	618	527
Bank-owned life insurance	3,592	3,549
Premises and equipment, net	1,729	1,639
Other real estate owned, net	508	111
Prepaid expenses and other assets	1,117	839
Total Assets	167,723	155,643
Deposits:
Non-interest bearing	942	640
Interest-bearing	133,074	123,765
Total deposits	134,016	124,405
Federal Home Loan Bank short-term borrowings	8,000	7,000
Federal Home Loan Bank long-term borrowings	5,500	4,500
Accrued interest payable	112	108
Advances from borrowers for taxes and insurance	1,488	1,592
Accrued expenses and other liabilities	410	463
Total Liabilities	$ 149,526	$ 138,068
Stockholders’ Equity
Preferred stock – $0.01 par value, 1,000,000 shares authorized; none issued or outstanding
Common stock – $0.01 par value; 9,000,000 shares authorized; 1,388,625 issued; 913,163 and 909,285 outstanding at June 30, 2015 and December 31, 2014, respectively	$ 14	$ 14
Additional paid-in capital	13,896	13,828
Treasury stock, at cost: 2015 475,462 shares; 2014 479,340 shares	(4,938)	(4,973)
Unallocated common stock held by:
Employee Stock Ownership Plan (ESOP)	(421)	(455)
Recognition & Retention Plan Trust (RRP)	(70)	(94)
Accumulated other comprehensive loss	(40)	(36)
Retained earnings	9,756	9,291
Total Stockholders' Equity	18,197	17,575
Total Liabilities and Stockholders’ Equity	$ 167,723	$ 155,643

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Loans receivable, allowance for loan losses (in Dollars)	$ 1,276	$ 1,148
Preferred stock par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	9,000,000	9,000,000
Common stock, shares issued	1,388,625	1,388,625
Common stock, shares outstanding	913,163	909,285
Treasury stock, shares	475,462	479,340

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest Income
Interest on loans	$ 2,083,000	$ 1,732,000	$ 4,011,000	$ 3,450,000
Interest and dividends on short-term investments and investment securities	47,000	46,000	109,000	87,000
Total Interest Income	2,130,000	1,778,000	4,120,000	3,537,000
Interest Expense
Interest on deposits	481,000	405,000	937,000	791,000
Interest on Federal Home Loan Bank borrowings	24,000	5,000	43,000	8,000
Total Interest Expense	505,000	410,000	980,000	799,000
Net Interest Income	1,625,000	1,368,000	3,140,000	2,738,000
Provision for Loan Losses	121,000	126,000	209,000	226,000
Net Interest Income after Provision for Loan Losses	1,504,000	1,242,000	2,931,000	2,512,000
Non-Interest Income
Mortgage banking and title abstract fees	116,000	88,000	220,000	160,000
Other fees and services charges	49,000	9,000	71,000	33,000
Income from bank-owned life insurance	22,000	4,000	43,000	4,000
Net gain on sales of loans	376,000	444,000	636,000	678,000
Gain on sale of SBA loan		16,000	7,000	16,000
Loss on sale of other real estate owned	(2,000)	(15,000)	(2,000)	(38,000)
Other	11,000	11,000	16,000	15,000
Total Non-Interest Income	572,000	557,000	991,000	868,000
Non-Interest Expense
Salaries and employee benefits	998,000	821,000	2,038,000	1,641,000
Directors' fees and expenses	52,000	53,000	104,000	106,000
Occupancy and equipment	137,000	135,000	286,000	269,000
Professional fees	95,000	114,000	172,000	196,000
FDIC deposit insurance assessment	30,000	23,000	58,000	51,000
Other real estate owned expense	(5,000)	9,000	3,000	17,000
Advertising	31,000	26,000	62,000	52,000
Other	138,000	95,000	253,000	189,000
Total Non-Interest Expense	1,476,000	1,276,000	2,976,000	2,521,000
Income before Income Taxes	600,000	523,000	946,000	859,000
Income Taxes	226,000	198,000	363,000	334,000
Net Income	$ 374,000	$ 325,000	$ 583,000	$ 525,000
Earnings per share - basic (in Dollars per share)	$ 0.44	$ 0.38	$ 0.68	$ 0.62
Average shares outstanding - basic (in Shares)	857,291	845,612	854,557	851,753
Earnings per share - diluted (in Dollars per share)	$ 0.40	$ 0.36	$ 0.63	$ 0.58
Average shares outstanding - diluted (in Shares)	934,779	896,142	930,545	897,961

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Income	$ 374,000	$ 325,000	$ 583,000	$ 525,000
Other Comprehensive Income (Loss):
Unrealized gains (losses) on investment securities available-for-sale	(11,000)	5,000	(7,000)	5,000
Income tax effect	4,000	2,000	3,000	(2,000)
Other comprehensive income (loss)	(7,000)	3,000	(4,000)	3,000
Total Comprehensive Income	$ 367,000	$ 328,000	$ 579,000	$ 528,000

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2015 - USD ($)	Common Stock [Member]The 2013 Stock Incentive Plan [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]The 2013 Stock Incentive Plan [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]The 2013 Stock Incentive Plan [Member]	Treasury Stock [Member]	Unallocated Common Stock Held by Benefit Plans[Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
BALANCE – DECEMBER 31, 2014 at Dec. 31, 2014		$ 14,000		$ 13,828,000		$ (4,973,000)	$ (549,000)	$ (36,000)	$ 9,291,000	$ 17,575,000
BALANCE – DECEMBER 31, 2014 (in Shares) at Dec. 31, 2014		909,285								909,285
Common stock allocated by ESOP				39,000			34,000			$ 73,000
Treasury stock purchased						(10,000)				(10,000)
Treasury stock purchased (in Shares)		(478)
Reissuance of treasury stock, value			$ (28,000)	16,000	$ 28,000	17,000				33,000
Reissuance of treasury stock, shares (in Shares)	2,738	1,618
Stock based compensation expense				65,000						65,000
Release of 2,554 vested RRP shares				(24,000)			24,000
Cash dividends declared ($0.13 per share)									(118,000)	(118,000)
Net income									583,000	583,000
Other comprehensive loss, net								(4,000)		(4,000)
BALANCE –June 30, 2015 at Jun. 30, 2015		$ 14,000		$ 13,896,000		$ (4,938,000)	$ (491,000)	$ (40,000)	$ 9,756,000	$ 18,197,000
BALANCE –June 30, 2015 (in Shares) at Jun. 30, 2015		913,163								913,163

Consolidated Statement of Stoc7

Consolidated Statement of Stockholders' Equity (Unaudited) (Parentheticals) - 6 months ended Jun. 30, 2015 - Common Stock [Member] - $ / shares	Total
Release of vested RRP shares	2,554
Cash dividends declared per share	$ 0.13

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 583,000	$ 525,000
Adjustments to reconcile net income to net cash used in operating activities:
Provision for loan losses	209,000	226,000
Depreciation expense	85,000	82,000
Accretion of deferred loan fees and costs, net	(175,000)	(120,000)
Stock-based compensation expense	138,000	115,000
Net gain on the sale of loans	(636,000)	(678,000)
Gain on the sale of SBA loans	(7,000)	(16,000)
Net loss on sale of other real estate owned	2,000	38,000
Increase in the cash surrender value of bank-owned life insurance	(43,000)	(4,000)
Changes in assets and liabilities which provided (used) cash:
Loans held for sale-originations	(23,160,000)	(22,856,000)
Loans held for sale-proceeds	21,020,000	20,777,000
Accrued interest receivable	(105,000)	(69,000)
Prepaid expenses and other assets	(275,000)	(448,000)
Accrued interest payable	4,000	20,000
Accrued expenses and other liabilities	(53,000)	37,000
Net Cash Used in Operating Activities	(2,413,000)	(2,371,000)
Cash Flows from Investing Activities
Net decrease in investment in interest-earning time deposits	776,000	222,000
Purchase of investment securities available for sale	(27,000)	(26,000)
Net increase in loans receivable	(18,418,000)	(10,104,000)
Net increase in investment in Federal Home Loan Bank stock	(91,000)	(194,000)
Purchase of bank-owned life insurance		(3,500,000)
Proceeds from the sale of other real estate owned	106,000	428,000
Capitalized expenditures on other real estate owned	(60,000)	(20,000)
Purchase of premises and equipment	(175,000)	(49,000)
Net Cash Used in Investing Activities	(17,889,000)	(13,243,000)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts	473,000	913,000
Net increase in certificate accounts	9,138,000	8,360,000
Proceeds from Federal Home Loan Bank short-term borrowings	1,000,000	4,000,000
Proceeds from Federal Home Loan Bank long-term borrowings	1,000,000
Dividends paid	(118,000)	(101,000)
Purchase of treasury stock	(10,000)	(612,000)
Proceeds from the reissuance of treasury stock	33,000
Decrease in advances from borrowers for taxes and insurance	(104,000)	(43,000)
Net Cash Provided by Financing Activities	11,412,000	12,517,000
Net Decrease in Cash and Cash Equivalents	(8,890,000)	(3,097,000)
Cash and Cash Equivalents – Beginning of Year	13,937,000	6,184,000
Cash and Cash Equivalents – End of Year	5,047,000	3,087,000
Cash payments for interest	976,000	779,000
Cash payments for income taxes	475,000	596,000
Transfer of loans to other real estate owned	$ 445,000	$ 111,000

Note 1 - Financial Statement Pr

Note 1 - Financial Statement Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1 – Financial Statement Presentation and Significant Accounting Policies Basis of Financial Presentation. The Bank is subject to regulation by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. Pursuant to the Bank’s election under Section 10(l) of the Home Owners’ Loan Act, the Company is a savings and loan holding company regulated by the Board of Governors of the Federal Reserve System. The market area served by the Bank’s two branch offices includes Bucks, Montgomery, Lehigh and Northampton Counties, Pennsylvania, and northeast Philadelphia and the surrounding area. The principal deposit products offered by the Bank are certificates of deposit, passbook savings accounts, savings accounts and money market accounts. Loan products offered are fixed and adjustable rate residential and commercial mortgages, construction loans, home equity loans, auto loans, and lines of credit. The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP) for interim information and with the instructions to Form 10-Q, as applicable to a smaller reporting company. Accordingly, they do not include all the information and footnotes required by US GAAP for complete financial statements. The foregoing consolidated financial statements are unaudited; but in the opinion of management include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation thereof. The balances as of December 31, 2014 have been derived from the audited financial statements. These financial statements should be read in conjunction with the financial statements and notes thereto included in Quaint Oak Bancorp’s 2014 Annual Report on Form 10-K. The results of operations for the six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. Use of Estimates in the Preparation of Financial Statements. Loans Receivable. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans and consumer loans. The residential loan segment has two classes: one-to-four family residential owner occupied loans and one-to-four residential family non-owner occupied loans. The commercial real estate loan segment consists of the following classes: multi-family (five or more) residential, commercial real estate and commercial lines of credit. Construction loans are generally granted for the purpose of building a single residential home. Commercial business loans are loans to businesses primarily for purchase of business essential equipment. Business essential equipment is equipment necessary for a business to support or assist with the day-to-day operation or profitability of the business. The consumer loan segment consists of the following classes: home equity loans and other consumer loans. Included in the home equity class are home equity loans and home equity lines of credit. Included in the other consumer are loans secured by saving accounts and auto loans. The accrual of interest is generally discontinued when principal or interest has become 90 days past due unless the loan is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest credited to income in the current year is reversed and unpaid interest accrued in prior years is charged against the allowance for loan losses. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, a loan is restored to accrual status when the obligation is brought current, it has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt. Allowance for Loan Losses. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. The allowance consists of specific, general and unallocated components. The specific component relates to loans that are designated as impaired. For loans that are designated as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may include changes in lending policies and procedures, changes in existing general economic and business conditions affecting our primary lending areas, credit quality trends, collateral value, loan volumes and concentrations, seasoning of the loan portfolio, recent loss experience in particular segments of the portfolio, duration of the current business cycle and bank regulatory examination results. The applied loss factors are reevaluated quarterly to ensure their relevance in the current economic environment. Residential owner occupied mortgage lending generally entails a lower risk of default than other types of lending. Consumer loans and commercial real estate loans generally involve more risk of collectability because of the type and nature of the collateral and, in certain cases, the absence of collateral. It is the Company’s policy to establish a specific reserve for loss on any delinquent loan when it determines that a loss is probable. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, 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 considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of substantially all of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. A loan is identified as a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor’s financial difficulties, grants a concession to the debtor that it would not otherwise consider. Concessions granted under a TDR typically involve a temporary or permanent reduction in payments or interest rate or an extension of a loan’s stated maturity date at less than a current market rate of interest. Loans identified as TDRs are designated as impaired. For loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one-to-four family residential owner-occupied loans) where the total amount outstanding to any borrower or group of borrowers exceeds $500,000, or when credit deficiencies arise, such as delinquent loan payments. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans criticized as special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, Federal regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses and may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination, which may not be currently available to management. Based on management’s comprehensive analysis of the loan portfolio, management believes the current level of the allowance for loan losses is adequate. Loans Held for Sale . Loans originated by the Bank’s mortgage banking subsidiary, Quaint Oak Mortgage, LLC, are intended for sale in the secondary market and are carried at the lower of cost or fair value (LOCOM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan. Federal Home Loan Bank Stock . Federal law requires a member institution of the Federal Home Loan Bank (FHLB) system to hold restricted stock of its district Federal Home Loan Bank according to a predetermined formula. FHLB stock is carried at cost and evaluated for impairment. When evaluating FHLB stock for impairment, its value is determined based on the ultimate recoverability of the par value of the stock. We evaluate our holdings of FHLB stock for impairment each reporting period. No impairment charges were recognized on FHLB stock during the three or six months ended June 30, 2015 and 2014. Bank Owned Life Insurance (BOLl). Other Real Estate Owned. Share -Based Compensation. At June 30, 2015, the Company has three share-based plans: the 2008 Recognition and Retention Plan (“RRP”), the 2008 Stock Option Plan, and the 2013 Stock Incentive Plan. Awards under these plans were made in May 2008 and 2013. These plans are more fully described in Note 9. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 9. As ESOP shares are committed to be released and allocated among participants, the Company recognizes compensation expense equal to the average market price of the shares over the period earned. Comprehensive Income (Loss) . Earnings per Share. Recent Accounting Pronouncements . ASU 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. An entity can elect to adopt the amendments in this Update using either a modified retrospective transition method or a prospective transition method. This Update did not have a significant impact on the Company’s financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard) In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) In January 2015, the FASB issued ASU 2015-01, Income Statement – Extraordinary and Unusual Items In June 2015, the FASB issued ASU 2015-10, Technical Corrections and Improvements Reclassifications.

Note 2 - Earnings Per Share

Note 2 - Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 2 – Earnings Per Share Earnings per share (“EPS”) consists of two separate components, basic EPS and diluted EPS. Basic EPS is computed based on the weighted average number of shares of common stock outstanding for each period presented. Diluted EPS is calculated based on the weighted average number of shares of common stock outstanding plus dilutive common stock equivalents (“CSEs”). CSEs consist of shares that are assumed to have been purchased with the proceeds from the exercise of stock options, as well as unvested restricted stock (RRP) shares. Common stock equivalents which are considered antidilutive are not included for the purposes of this calculation. For the three months and six months ended June 30, 2015 and 2014, all unvested restricted stock program awards and outstanding stock options representing shares were dilutive. The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computations. For the Three Months Ended June 30, For the Six Months Ended June 30, 201 5 201 4 201 5 201 4 Net Income $ 374,000 $ 325,000 $ 583,000 $ 525,000 Weighted average shares outstanding – basic 857,291 845,612 854,557 851,753 Effect of dilutive common stock equivalents 77,488 50,530 75,988 46,208 Adjusted weighted average shares outstanding – diluted 934,779 896,142 930,545 897,961 Basic earnings per share $ 0.44 $ 0.38 $ 0.68 $ 0.62 Diluted earnings per share $ 0.40 $ 0.36 $ 0.63 $ 0.58

Note 3 - Accumulated Other Comp

Note 3 - Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note 3 – Accumulated Other Comprehensive Loss The following table presents the changes in accumulated other comprehensive loss by component, net of tax, for the three months and the six months ended June 30, 2015 and 2014 (in thousands): Unrealized Gains (Losses) on Investment Securities Available for Sale (1) For the Three Months Ended June 30, For the Six Months Ended June 30, 201 5 201 4 201 5 201 4 Balance at the beginning of the period $ (33 ) $ (18 ) $ (36 ) $ (18 ) Other comprehensive income (loss) before classifications (7 ) 3 (4 ) 3 Amount reclassified from accumulated other comprehensive loss - - - - Total other comprehensive income (loss) (7 ) 3 (4 ) 3 Balance at the end of the period $ (40 ) $ (15 ) $ (40 ) $ (15 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. There were no amounts reclassified out of accumulated other comprehensive loss for the three and six months ended June 30, 2015 and 2014.

Note 4 - Investment in Interest

Note 4 - Investment in Interest-Earning Time Deposits	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	No te 4 – Investment in Interest-Earning Time Deposits The investment in interest-earning time deposits as of June 30, 2015 and December 31, 2014, by contractual maturity, are shown below: June 30, 201 5 December 31, 201 4 (In Thousands) Due in one year or less $ 1,548 $ 2,337 Due after one year through five years 4,336 4,323 $ 5,884 $ 6,660

Note 5 - Investment Securities

Note 5 - Investment Securities Available for Sale	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 5 – Investment Securities Available for Sale The amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale at June 30, 2015 and December 31, 2014 are summarized below (in thousands): June 30 , 201 5 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Short-term bond fund $ 1,237 - $ (40 ) $ 1,197 Limited-term bond fund 550 - (21 ) 529 $ 1,787 $ - $ (61 ) $ 1,726 December 31, 201 4 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Short-term bond fund $ 1,214 $ - $ (34 ) $ 1,180 Limited-term bond fund 546 - (20 ) 526 $ 1,760 $ - $ (54 ) $ 1,706 The following table shows the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at June 30, 2015 and December 31, 2014 (in thousands): June 3 0 , 201 5 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Short-term bond fund 1 $ - $ - $ 1,197 $ (40 ) $ 1,197 $ (40 ) Limited-term bond fund 1 - - 529 (21 ) 529 (21 ) Total 2 $ - $ - $ 1,726 $ (61 ) $ 1,726 $ (61 ) December 31, 2014 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Short-term bond fund 1 $ - $ - $ 1,180 $ (34 ) $ 1,180 $ (34 ) Limited-term bond fund 1 - - 526 (20 ) 526 (20 ) Total 2 $ - $ - $ 1,706 $ (54 ) $ 1,706 $ (54 ) At June 30, 2015, there were two bond funds in an unrealized loss position that at such date had an aggregate depreciation of 3.40% from the Company’s amortized cost basis. Management believes that the estimated fair value of the securities disclosed above is primarily dependent on the movement of market interest rates. Management evaluated the length and time and the extent to which the fair value has been less than cost and the financial condition and near term prospects of the issuer, including any specific events which may influence the operations of the issuer. The Company has the ability and intent to hold the security until the anticipated recovery of fair value occurs. Management does not believe any individual unrealized loss as of June 30, 2015 represents an other-than-temporary impairment. There were no impairment charges recognized during the three and six months ended June 30, 2015 or 2014.

Note 6 - Loans Receivable, Net

Note 6 - Loans Receivable, Net and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Financing Receivables [Text Block]	Note 6 - Loans Receivable, Net and Allowance for Loan Losses The composition of net loans receivable is as follows: June 30 , 201 5 December 31, 2014 (In Thousands) Real estate loans: One-to-four family residential: Owner occupied $ 6,726 $ 7,085 Non-owner occupied 50,513 48,554 Total one-to-four family residential 57,239 55,639 Multi-family (five or more) residential 10,523 10,132 Commercial real estate 42,631 35,523 Commercial lines of credit 2,211 1,623 Construction 20,958 14,303 Home equity loans 6,886 6,961 Total real estate loans 140,448 124,181 Commercial business 2,569 749 Other consumer 65 41 Total Loans 143,082 124,971 Deferred loan fees and costs (529 ) (492 ) Allowance for loan losses (1,276 ) (1,148 ) Net Loans $ 141,277 $ 123,331 The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,905 $ - $ 821 $ - $ 6,726 One-to-four family residential non-owner occupied 48,888 393 977 255 50,513 Multi-family residential 10,454 69 - - 10,523 Commercial real estate and lines of credit 43,042 1,051 417 332 44,842 Construction 20,958 - - - 20,958 Home equity 6,754 - 87 45 6,886 Commercial business and other consumer 2,634 - - - 2,634 $ 138,635 $ 1,513 $ 2,302 $ 632 $ 143,082 December 31, 201 4 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,132 $ 116 $ 837 $ - $ 7,085 One-to-four family residential non-owner occupied 46,971 38 1,317 228 48,554 Multi-family residential 10,065 - 67 - 10,132 Commercial real estate and lines of credit 35,984 293 537 332 37,146 Construction 14,303 - - - 14,303 Home equity 6,654 172 90 45 6,961 Commercial business and other consumer 790 - - - 790 $ 120,899 $ 619 $ 2,848 $ 605 $ 124,971 The following tables summarize information in regards to impaired loans by loan portfolio class as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 821 $ 833 $ - $ 835 $ - One-to-four family residential non-owner occupied 1,081 1,087 - 1,081 26 Multi-family residential - - - - - Commercial real estate and lines of credit 418 431 - 435 6 Construction - - - - - Home equity 87 87 - 89 3 Commercial business and other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 152 154 13 154 3 Multi-family residential - - - - - Commercial real estate and lines of credit 332 332 29 332 5 Construction - - - - - Home equity 45 45 34 45 - Commercial business and other consumer - - - - - Total: One-to-four family residential owner occupied $ 821 $ 833 $ - $ 835 $ - One-to-four family residential non-owner occupied 1,233 1,241 13 1,235 29 Multi-family residential - - - - - Commercial real estate and lines of credit 750 763 29 767 11 Construction - - - - - Home equity 132 132 34 134 3 Commercial business and other consumer - - - - - Total $ 2,936 $ 2,969 $ 76 $ 2,971 $ 43 December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 837 $ 837 $ - $ 839 $ 15 One-to-four family residential non-owner occupied 1,317 1,333 - 1,341 39 Multi-family residential 67 72 - 74 - Commercial real estate and lines of credit 537 537 - 542 17 Construction - - - - - Home equity 90 90 - 93 7 Commercial business and other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 228 231 29 231 - Multi-family residential - - - - - Commercial real estate and lines of credit 332 332 29 331 10 Construction - - - - - Home equity 45 45 8 46 - Commercial business and other consumer - - - - - Total: One-to-four family residential owner occupied $ 837 $ 837 $ - $ 839 $ 15 One-to-four family residential non-owner occupied 1,545 1,564 29 1,572 39 Multi-family residential 67 72 - 74 - Commercial real estate and lines of credit 869 869 29 873 27 Construction - - - - - Home equity 135 135 8 139 7 Commercial business and other consumer - - - - - Total $ 3,453 $ 3,477 $ 66 $ 3,497 $ 88 The loan portfolio also includes certain loans that have been modified in a troubled debt restructuring, where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from loss mitigation activities and could include reductions in the interest rate, payment extensions, forbearance, or other actions. At June 30, 2015, the Company had thirteen loans totaling $1.1 million that were identified as troubled debt restructurings. One of these loans totaling $51,000 was on non-accrual and twelve loans totaling $1.1 million were performing in accordance with their modified terms. At December 31, 2014, the Company had eleven loans totaling $951,000 that were identified as troubled debt restructurings. Two of these loans totaling $155,000 were on non-accrual, three loans totaling $215,000 were 30-89 days delinquent, and six loans totaling $581,000 were performing in accordance with their modified terms. If a TDR is placed on non-accrual it is not reverted back to accruing status until the borrower makes timely payments as contracted for at least six months and future collection under the revised terms is probable. The following tables present the Company’s TDR loans as of June 30, 2015 and December 31, 2014 (dollar amounts in thousands): June 30 , 20 15 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 9 895 51 844 13 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 88 - 88 - Commercial business and other consumer - - - - - Total 13 $ 1,116 $ 51 $ 1,065 $ 20 December 31, 201 4 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 7 728 155 573 10 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 90 - 90 - Commercial business and other consumer - - - - - Total 11 $ 951 $ 155 $ 796 $ 17 The contractual aging of the TDRs in the table above as of June 30, 2015 and December 31, 2014 is as follows (in thousands): June 30, 2015 Current & Past Due Less than 30 Days Past Due 30-89 Days Greater than 90 Days Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 844 - - 51 895 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 88 - - - 88 Commercial business and other consumer - - - - - Total $ 1,065 $ - $ - $ 51 $ 1,116 December 31, 2014 Current & Past Due Less than 30 Days Past Due 30-89 Days Greater than 90 Days Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 358 215 - 155 728 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 90 - - - 90 Commercial business and other consumer - - - - - Total $ 581 $ 215 $ - $ 155 $ 951 During the three months ended June 30, 2015 there were no new TDRs identified and one loan previously identified as a TDR in the amount of $100,000 was transferred to OREO. In conjunction with this transfer, $30,000 of the outstanding loan balance was charged-off through the allowance for loan losses. During the six months ended June 30, 2015, three new loans totaling $276,000 were identified as TDRs and, as discussed above, one loan previously identified as a TDR in the amount of $100,000 was transferred to OREO. All three new TDRs were granted term concessions. Any reserve for an impaired TDR loan is based upon the present value of the future expected cash flows discounted at the loan’s original effective rate or upon the fair value of the collateral less costs to sell, if the loan is deemed collateral dependent. At June 30, 2015 there were no commitments to lend additional funds to debtors whose loan terms have been modified as TDRs. The general practice of the Bank is to work with borrowers so that they are able to pay back their loan in full. If a borrower continues to be delinquent or cannot meet the terms of a TDR modification and the loan is determined to be uncollectible, the loan will be charged off. Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three and six months ended June 30, 2015 and recorded investment in loans receivable as of June 30, 2015 (in thousands): June 30 , 201 5 1-4 Family 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended June 30, 2015 Allowance for loan losses: Beginning balance $ 64 $ 412 $ 63 $ 353 $ 160 $ 44 $ 15 $ 74 1,185 Charge-offs - (30 ) - - - - - - (30 ) Recoveries - - - - - - - - 00 Provision (4 ) (13 ) 2 59 43 29 8 (3 ) 121 Ending balance $ 60 $ 369 $ 65 $ 412 $ 203 $ 73 $ 23 $ 71 $ 1,276 For the Six Months Ended June 30, 201 5 Allowance for loan losses: Beginning balance $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 1148 Charge-offs - (81 ) - - - - - - (81 ) Recoveries - - - - - - - - 0 Provision (15 ) 32 5 88 81 27 16 (25 ) 209 Ending balance $ 60 $ 369 $ 65 $ 412 $ 203 $ 73 $ 23 $ 71 $ 1,276 Ending balance evaluated for impairment: Individually $ - $ 13 $ - $ 29 $ - $ 34 $ - $ - $ 76 Collectively $ 60 $ 356 $ 65 $ 383 $ 203 $ 39 $ 23 $ 71 $ 1,200 Loans receivable: Ending balance $ 6,726 $ 50,513 $ 10,523 $ 44,842 $ 20,958 $ 6,886 $ 2,634 $ - $ 143,082 Ending balance evaluated for impairment: Individually $ 821 $ 1,233 $ - $ 750 $ - $ 132 $ - $ - $ 2,936 Collectively $ 5,905 $ 49,280 $ 10,523 $ 44,092 $ 20,958 $ 6,754 $ 2,634 $ - $ 140,146 The Bank allocated increased allowance for loan loss provisions to the commercial real estate and lines of credit and construction portfolio classes for the three and six months ended June 30, 2015, due to increased balances in these portfolio classes. Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three and six months ended June 30, 2014 (in thousands): June 30 , 201 4 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended June 30, 2014 Allowance for loan losses: Beginning balance $ 61 $ 450 $ 48 $ 303 $ 102 $ 54 $ 3 $ 20 $ 1,041 Charge-offs - - - (1 ) - - - - (1 ) Recoveries - - - - - - - - - Provision (5 ) 41 1 38 (5 ) 1 - 55 126 Ending balance $ 56 $ 491 $ 49 $ 340 $ 97 $ 55 $ 3 $ 75 $ 1,166 For the Six Months Ended June 30, 2014 Allowance for loan losses: Beginning balance $ 59 $ 424 $ 36 $ 199 $ 96 $ 50 $ 2 $ 75 $ 941 Charge-offs - - - (1 ) - - - - (1 ) Recoveries - - - - - - - - - Provision (3 ) 67 13 142 1 5 1 - 226 Ending balance $ 56 $ 491 $ 49 $ 340 $ 97 $ 55 $ 3 $ 75 $ 1,166 Ending balance evaluated for impairment: Individually $ - $ 30 $ - $ 134 $ - $ - $ - $ - $ 164 Collectively $ 56 $ 461 $ 49 $ 206 $ 97 $ 55 $ 3 $ 75 $ 1,002 Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the year ended December 31, 2014 and recorded investment in loans receivable as of December 31, 2014 (in thousands): December 31, 2014 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 59 $ 424 $ 36 $ 199 $ 96 $ 50 $ 2 $ 75 $ 941 Charge-offs (57 ) - - (133 ) - - - - (190 ) Recoveries - - - 3 - - - - 3 Provision 73 (6 ) 24 255 26 (4 ) 5 21 394 Ending balance $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Ending balance evaluated for impairment Individually $ - $ 29 $ - $ 29 $ - $ 8 $ - $ - $ 66 Collectively $ 75 $ 389 $ 60 $ 295 $ 122 $ 38 $ 7 $ 96 $ 1,082 Loans receivable: Ending balance $ 7,085 $ 48,554 $ 10,132 $ 37,146 $ 14,303 $ 6,961 $ 790 $ - $ 124,971 Ending balance evaluated for impairment Individually $ 837 $ 1,545 $ 67 $ 869 $ - $ 135 $ - $ - $ 3,453 Collectively $ 6,248 $ 47,009 $ 10,065 $ 36,277 $ 14,303 $ 6,826 $ 790 $ - $ 121,518 The following table presents nonaccrual loans by classes of the loan portfolio as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 December 31, 201 4 One-to-four family residential owner occupied $ 821 $ 588 One-to-four family residential non-owner occupied 216 836 Multi-family residential - 67 Commercial real estate and lines of credit 378 489 Construction - - Home equity 45 45 Commercial business and other consumer - - $ 1,460 $ 2,025 Non-performing loans, which consist of non-accruing loans plus accruing loans 90 days or more past due, amounted to $2.2 million and $2.8 million at June 30, 2015 and December 31, 2014, respectively. For the delinquent loans in our portfolio, we have considered our ability to collect the past due interest, as well as the principal balance of the loan, in order to determine whether specific loans should be placed on non-accrual status. In cases where our evaluations have determined that the principal and interest balances are collectible, we have continued to accrue interest. For the three and six months ended June 30, 2015 and 2014 there was no interest income recognized on non-accrual loans on a cash basis. Interest income foregone on non-accrual loans was approximately $49,000 and $28,000 for the six months ended June 30, 2015 and 2014, respectively. The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the past due status as of June 30, 2015 and December 31, 2014 (in thousands): June 30, 2015 30-90 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Loans Receivable > 90 Days and Accruing One-to-four family residential owner occupied $ 197 $ 954 $ 1,151 $ 5,575 $ 6,726 $ 132 One-to-four family residential non-owner ccupied 1,562 251 1,813 48,700 50,513 35 Multi-family residential 118 - 118 10,405 10,523 - Commercial real estate and lines of credit 212 953 1,165 43,677 44,842 576 Construction 1,468 - 1,468 19,490 20,958 - Home equity 223 45 268 6,618 6,886 - Commercial business and other consumer - - - 2,634 2,634 - $ 3,780 $ 2,203 $ 5,983 $ 137,099 $ 143,082 $ 743 December 31, 2014 30-90 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Loans Receivable > 90 Days and Accruing One-to-four family residential owner occupied $ 589 $ 837 $ 1,426 $ 5,659 $ 7,085 $ 249 One-to-four family residential non-owner occupied 735 972 1,707 46,847 48,554 136 Multi-family residential - 67 67 10,065 10,132 - Commercial real estate and lines of credit 1,051 910 1,961 35,185 37,146 421 Construction 107 - 107 14,196 14,303 - Home equity 99 45 144 6,817 6,961 - Commercial business and other consumer - - - 790 790 - $ 2,581 $ 2,831 $ 5,412 $ 119,559 $ 124,971 $ 806

Note 7 - Deposits

Note 7 - Deposits	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	Note 7 – Deposits Deposits consist of the following classifications (in thousands): June 30 , 201 5 December 31, 201 4 Non-interest bearing checking accounts $ 942 $ 640 Passbook accounts 1,548 2,573 Savings accounts 3,714 5,655 Money market accounts 22,340 19,203 Certificates of deposit 105,472 96,334 Total deposits $ 134,016 $ 124,405

Note 8 - Borrowings

Note 8 - Borrowings	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 8 – Borrowings Federal Home Loan Bank advances consist of the following at June 30, 2015 and December 31, 2014 (in thousands): June 30 , 201 5 December 31, 2014 Amount Weighted Interest Amount Weighted Interest Short-term borrowings $ 8,000 0.37 % $ 7,000 0.27 % Fixed rate borrowings maturing: 2016 $ 1,000 0.88 % $ 1,000 0.88 % 2017 2,500 1.15 1,500 1.30 2018 1,000 1.71 1,000 1.71 2019 1,000 2.02 1,000 2.02 Total FHLB long-term debt $ 5,500 1.36 % $ 4,500 1.46 %

Note 9 - Stock Compensation Pla

Note 9 - Stock Compensation Plans	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 9 – Stock Compensation Plans Employee Stock Ownership Plan The Company adopted an Employee Stock Ownership Plan (ESOP) during fiscal 2007 for the benefit of employees who meet the eligibility requirements of the plan. Using proceeds from a loan from the Company, the ESOP purchased 8%, or 111,090 shares of the Company’s then outstanding common stock in the open market at an average price of $9.35 for a total of $1.0 million. The Bank makes cash contributions to the ESOP on a quarterly basis sufficient to enable the ESOP to make the required loan payments to the Company. The loan bears an interest rate of 7.75% per annum, with principal and interest to be paid quarterly in equal installments over 15 years. The loan is secured by the unallocated shares of common stock held by the ESOP. Shares of the Company’s common stock purchased by the ESOP are held in a suspense account and reported as unallocated common stock held by the ESOP in stockholders’ equity until released for allocation to participants. As the debt is repaid, shares are released from collateral and are allocated to each eligible participant based on the ratio of each such participant’s base compensation to the total base compensation of eligible plan participants. As the unearned shares are committed to be released and allocated among participants, the Company recognizes compensation expense equal to the average market value of the shares, and the shares become outstanding for earnings per share computations. During the three and six months ended June 30, 2015, the Company recognized $37,000 and $73,000 of ESOP expense, respectively. During the three and six months ended June 30, 2014, the Company recognized $34,000 and $68,000 of ESOP expense, respectively. Recognition & Retention Plan In May 2008, the shareholders of Quaint Oak Bancorp approved the adoption of the 2008 Recognition and Retention Plan (the “RRP”) and Trust Agreement. In order to fund the RRP, the 2008 Recognition and Retention Plan Trust acquired 55,545 shares of the Company’s stock in the open market at an average price of $9.36 totaling $520,000. In May 2013, the shareholders of Quaint Oak Bancorp approved the adoption of the 2013 Stock Incentive Plan (the “Stock Incentive Plan”). The Stock Incentive Plan provides that no more than 24,375, or 25%, of the shares may be granted as restricted stock awards. As of June 30, 2015, a total of 15,692 awards of restricted stock were unvested under the RRP and Stock Incentive Plan and 10,684 restricted stock awards were available for future grant under the Stock Incentive Plan and none under the RRP. The RRP and Stock Incentive Plan share awards have vesting periods from five to seven years. A summary of the status of the shares under the RRP and Stock Incentive Plan as of June 30, 2015 and 2014 and changes during the six months ended June 30, 2015 and 2014 is as follows: June 30, 2015 June 30, 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested at the beginning of the period 20,983 $ 16.18 26,500 $ 16.11 Granted - - - - Vested (5,291 ) 15.46 (5,517 ) 15.83 Forfeited - - - - Unvested at the end of the period 15,692 $ 16.42 20,983 $ 16.18 Compensation expense on the restricted stock awards is recognized ratably over the five to seven year vesting period in an amount which is equal to the fair value of the common stock at the date of grant. During the three and six months ended June 30, 2015 and 2014, approximately $21,000 and $43,000 in compensation expense was recognized, respectively. A tax benefit of approximately $7,000 and $15,000, respectively, was recognized during each of these periods. As of June 30, 2015, approximately $244,000 in additional compensation expense will be recognized over the remaining service period of approximately 2.9 years. Stock Option Plan In May 2008, the shareholders of Quaint Oak Bancorp approved the adoption of the 2008 Stock Option Plan (the “Option Plan”). The Option Plan authorizes the grant of stock options to officers, employees and directors of the Company to acquire 138,863 shares of common stock with an exercise price no less than the fair market value on the date of the grant. The Stock Incentive Plan approved by shareholders in May 2013 covered a total of 97,500 shares, of which 24,375 may be restricted stock awards, for a balance of 73,125 stock options assuming all the restricted shares are awarded. For grants in May 2008, the Compensation Committee of the Board of Directors determined to grant the stock options at an exercise price equal to $10.00 per share which is higher than the fair market value of the common stock on the grant date. All incentive stock options issued under the Option Plan and the Stock Incentive Plan are intended to comply with the requirements of Section 422 of the Internal Revenue Code. As of June 30, 2015, a total of 184,570 grants of stock options were outstanding under the Option Plan and Stock Incentive Plan and 27,418 stock options were available for future grant under the Stock Incentive Plan and none under the Option Plan. Options will become vested and exercisable over a five to seven year period and are generally exercisable for a period of ten years after the grant date. A summary of option activity under the Company’s Option Plan and Stock Incentive Plan of June 30 , 2015 and 2014 and changes during the six months ended June 30 , 2015 and 2014 is as follows: 201 5 201 4 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding at the beginning of the year 184,570 $ 12.59 5.7 184,570 $ 12.59 6.5 Granted - - - - - - Exercised - - - - - - Forfeited - - - - - - Outstanding at the end of the period 184,570 $ 12.59 5.0 184,570 $ 12.59 6.0 Exercisable at the end of the period 138,370 $ 11.38 2.9 122,970 $ 10.78 3.9 During the three and six months ended June 30, 2015 and 2014, approximately $12,000 and $22,000 in compensation expense was recognized, respectively. A tax benefit of approximately $1,000 and $2,000, respectively, was recognized during each of these periods. As of June 30, 2015, approximately $130,000 in additional compensation expense will be recognized over the remaining service period of approximately 2.9 years.

Note 10 - Fair Value Measuremen

Note 10 - Fair Value Measurements and Fair Values of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 10 – Fair Value Measurements and Fair V alues of Financial Instruments Fair value estimates are based on quoted market prices, if available, quoted market prices of similar assets or liabilities, or the present value of expected future cash flows and other valuation techniques. These valuations are significantly affected by discount rates, cash flow assumptions, and risk assumptions used. Therefore, fair value estimates may not be substantiated by comparison to independent markets and are not intended to reflect the proceeds that may be realizable in an immediate settlement of the instruments. Fair value is determined at one point in time and is not representative of future value. These amounts do not reflect the total value of a going concern organization. Management does not have the intention to dispose of a significant portion of its assets and liabilities and therefore, the unrealized gains or losses should not be interpreted as a forecast of future earnings and cash flows. The following disclosures show the hierarchal disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three broad levels of pricing are as follows: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable. This hierarchy requires the use of observable market data when available. The following is a discussion of assets and liabilities measured at fair value on a recurring basis and valuation techniques applied: Investment Securities Available-For-Sale: We may be required from time to time to measure certain assets at fair value on a nonrecurring basis in accordance with US GAAP. These adjustments to fair value usually result from application of lower-of-cost-or-market accounting or write-downs of individual assets. Impaired Loans: Other Real Estate Owned: The table below sets forth the financial assets and liabilities that were accounted for on a recurring and nonrecurring basis by level within the fair value hierarchy as of June 30, 2015 (in thousands): June 30 , 201 5 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale Short-term bond fund $ 1,197 $ 1,197 $ - $ - Limited-term bond fund 529 529 - - Total investment securities available for sale $ 1,726 $ 1,726 $ - $ - Total recurring fair value measurements $ 1,726 $ 1,726 $ - $ - Nonrecurring fair value measurements Impaired loans $ 2,860 $ - $ - $ 2,860 Other real estate owned 508 - - 508 Total nonrecurring fair value measurements $ 3,368 $ - $ - $ 3,368 The table below sets forth the financial assets and liabilities that were accounted for on a recurring and nonrecurring basis by level within the fair value hierarchy as of December 31, 2014 (in thousands): December 31, 2014 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale Short-term bond fund $ 1,180 $ 1,180 $ - $ - Limited-term bond fund 526 526 - - Total investment securities available for sale $ 1,706 $ 1,706 $ - $ - Total recurring fair value measurements $ 1,706 $ 1,706 $ - $ - Nonrecurring fair value measurements Impaired loans $ 3,387 $ - $ - $ 3,387 Other real estate owned 111 - - 111 Total nonrecurring fair value measurements $ 3,498 $ - $ - $ 3,498 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has used level 3 inputs to determine fair value as of June 30, 2015 and December 31, 2014 (in thousands): June 30 , 201 5 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 2,860 Appraisal of collateral (1) Appraisal adjustments (2) 0%-19% (3%) Other real estate owned $ 508 Appraisal of collateral (1) Appraisal adjustments ( 2) 0%-46% (13%) December 31, 2014 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 3,387 Appraisal of collateral (1) Appraisal adjustments (2) 0%-33% (2%) Other real estate owned $ 111 Appraisal of collateral (1) Appraisal adjustments ( 2) 1% (1%) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percentage of the appraisal. The estimated fair values of the Company’s financial instruments were as follows at June 30, 2015 and December 31, 2014 (in thousands): Fair Value Measurements at June 30 , 201 5 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 5,047 $ 5,047 $ 5,047 $ - $ - Investment in interest-earning time deposits 5,884 5,963 - - 5,963 Investment securities available for sale 1,726 1,726 1,726 - - Loans held for sale 5,332 5,525 - 5,525 - Loans receivable, net 141,277 142,752 - - 142,752 Accrued interest receivable 893 893 893 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,592 3,592 3,592 - - Financial Liabilities Deposits 134,016 135,456 28,544 - 106,912 FHLB short-term borrowings 8,000 8,000 8,000 - - FHLB long-term borrowings 5,500 5,529 - - 5,529 Accrued interest payable 112 112 112 - - Fair Value Measurements at December 31, 2014 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 13,937 $ 13,937 $ 13,937 $ - $ - Investment in interest-earning time deposits 6,660 6,723 - - 6,723 Investment securities available for sale 1,706 1,706 1,706 - - Loans held for sale 2,556 2,664 - 2,664 - Loans receivable, net 123,331 123,419 - - 123,419 Accrued interest receivable 788 788 788 - - Investment in FHLB stock 527 527 527 - - Bank-owned life insurance 3,549 3,549 3,549 - - Financial Liabilities Deposits 124,405 125,724 28,071 - 97,653 FHLB short-term borrowings 7,000 7,000 7,000 - - FHLB long-term borrowings 4,500 4,492 - - 4,492 Accrued interest payable 108 108 108 - - The following methods and assumptions were used to measure the fair value of financial instruments recorded at cost on the Company’s consolidated balance sheets: Cash and Cash Equivalents. The carrying amounts reported in the consolidated balance sheets for cash and short-term instruments approximate those assets’ fair values. Interest-Earning Time Deposits. Loans Held for Sale Loans Receivable, Net. The fair values of loans are estimated using discounted cash flow methodology. The discount rates take into account interest rates currently being offered to customers for loans with similar terms, the credit risk associated with the loan and market factors, including liquidity. The valuation of the loan portfolio reflects discounts that the Company believes are consistent with transactions occurring in the market place for both performing and distressed loan types. The carrying value that fair value is compared to is net of the allowance for loan losses and other associated premiums and discounts. Due to the significant judgment involved in evaluating credit quality, loans are classified with Level 3 of the fair value hierarchy. Accrued Interest Receivable. The carrying amount of accrued interest receivable approximates its fair value. Investment in Federal Home Loan Bank Stock. The carrying amount of restricted investment in Federal Home Loan Bank stock approximates fair value, and considers the limited marketability of such securities. Bank-Owned Life Insurance. Deposits. Federal Home Loan Bank Borrowings. Fair values of FHLB borrowings are estimated based on rates currently available to the Company for similar terms and remaining maturities. Accrued Interest Payable. The carrying amount of accrued interest payable approximates its fair value. Off-Balance Sheet Financial Instruments. Off-balance sheet financial instruments consist of commitments to extend credit. Fair values for commitments to extend credit are estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreement and the present credit standing of the counterparties. The estimated fair value of the commitments to extend credit are insignificant and therefore are not presented in the above table.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Receivable. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans and consumer loans. The residential loan segment has two classes: one-to-four family residential owner occupied loans and one-to-four residential family non-owner occupied loans. The commercial real estate loan segment consists of the following classes: multi-family (five or more) residential, commercial real estate and commercial lines of credit. Construction loans are generally granted for the purpose of building a single residential home. Commercial business loans are loans to businesses primarily for purchase of business essential equipment. Business essential equipment is equipment necessary for a business to support or assist with the day-to-day operation or profitability of the business. The consumer loan segment consists of the following classes: home equity loans and other consumer loans. Included in the home equity class are home equity loans and home equity lines of credit. Included in the other consumer are loans secured by saving accounts and auto loans. The accrual of interest is generally discontinued when principal or interest has become 90 days past due unless the loan is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest credited to income in the current year is reversed and unpaid interest accrued in prior years is charged against the allowance for loan losses. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. Generally, a loan is restored to accrual status when the obligation is brought current, it has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. The allowance consists of specific, general and unallocated components. The specific component relates to loans that are designated as impaired. For loans that are designated as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may include changes in lending policies and procedures, changes in existing general economic and business conditions affecting our primary lending areas, credit quality trends, collateral value, loan volumes and concentrations, seasoning of the loan portfolio, recent loss experience in particular segments of the portfolio, duration of the current business cycle and bank regulatory examination results. The applied loss factors are reevaluated quarterly to ensure their relevance in the current economic environment. Residential owner occupied mortgage lending generally entails a lower risk of default than other types of lending. Consumer loans and commercial real estate loans generally involve more risk of collectability because of the type and nature of the collateral and, in certain cases, the absence of collateral. It is the Company’s policy to establish a specific reserve for loss on any delinquent loan when it determines that a loss is probable. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, 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 considered impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of substantially all of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. A loan is identified as a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor’s financial difficulties, grants a concession to the debtor that it would not otherwise consider. Concessions granted under a TDR typically involve a temporary or permanent reduction in payments or interest rate or an extension of a loan’s stated maturity date at less than a current market rate of interest. Loans identified as TDRs are designated as impaired. For loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one-to-four family residential owner-occupied loans) where the total amount outstanding to any borrower or group of borrowers exceeds $500,000, or when credit deficiencies arise, such as delinquent loan payments. Credit quality risk ratings include regulatory classifications of special mention, substandard, doubtful and loss. Loans criticized as special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may result in deterioration of the repayment prospects. Loans classified substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They include loans that are inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified doubtful have all the weaknesses inherent in loans classified substandard with the added characteristic that collection or liquidation in full, on the basis of current conditions and facts, is highly improbable. Loans classified as a loss are considered uncollectible and are charged to the allowance for loan losses. Loans not classified are rated pass. In addition, Federal regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses and may require the Company to recognize additions to the allowance based on their judgments about information available to them at the time of their examination, which may not be currently available to management. Based on management’s comprehensive analysis of the loan portfolio, management believes the current level of the allowance for loan losses is adequate.
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]	Loans Held for Sale . Loans originated by the Bank’s mortgage banking subsidiary, Quaint Oak Mortgage, LLC, are intended for sale in the secondary market and are carried at the lower of cost or fair value (LOCOM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan.
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock . Federal law requires a member institution of the Federal Home Loan Bank (FHLB) system to hold restricted stock of its district Federal Home Loan Bank according to a predetermined formula. FHLB stock is carried at cost and evaluated for impairment. When evaluating FHLB stock for impairment, its value is determined based on the ultimate recoverability of the par value of the stock. We evaluate our holdings of FHLB stock for impairment each reporting period. No impairment charges were recognized on FHLB stock during the three or six months ended June 30, 2015 and 2014.
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance (BOLl).
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Other Real Estate Owned.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	-Based Compensation. At June 30, 2015, the Company has three share-based plans: the 2008 Recognition and Retention Plan (“RRP”), the 2008 Stock Option Plan, and the 2013 Stock Incentive Plan. Awards under these plans were made in May 2008 and 2013. These plans are more fully described in Note 9. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 9. As ESOP shares are committed to be released and allocated among participants, the Company recognizes compensation expense equal to the average market price of the shares over the period earned.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income (Loss) .
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements . ASU 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. An entity can elect to adopt the amendments in this Update using either a modified retrospective transition method or a prospective transition method. This Update did not have a significant impact on the Company’s financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard) In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) In January 2015, the FASB issued ASU 2015-01, Income Statement – Extraordinary and Unusual Items In June 2015, the FASB issued ASU 2015-10, Technical Corrections and Improvements
Reclassification, Policy [Policy Text Block]	Reclassifications.

Note 2 - Earnings Per Share (Ta

Note 2 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended June 30, For the Six Months Ended June 30, 201 5 201 4 201 5 201 4 Net Income $ 374,000 $ 325,000 $ 583,000 $ 525,000 Weighted average shares outstanding – basic 857,291 845,612 854,557 851,753 Effect of dilutive common stock equivalents 77,488 50,530 75,988 46,208 Adjusted weighted average shares outstanding – diluted 934,779 896,142 930,545 897,961 Basic earnings per share $ 0.44 $ 0.38 $ 0.68 $ 0.62 Diluted earnings per share $ 0.40 $ 0.36 $ 0.63 $ 0.58

Note 3 - Accumulated Other Co21

Note 3 - Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains (Losses) on Investment Securities Available for Sale (1) For the Three Months Ended June 30, For the Six Months Ended June 30, 201 5 201 4 201 5 201 4 Balance at the beginning of the period $ (33 ) $ (18 ) $ (36 ) $ (18 ) Other comprehensive income (loss) before classifications (7 ) 3 (4 ) 3 Amount reclassified from accumulated other comprehensive loss - - - - Total other comprehensive income (loss) (7 ) 3 (4 ) 3 Balance at the end of the period $ (40 ) $ (15 ) $ (40 ) $ (15 )

Note 4 - Investment in Intere22

Note 4 - Investment in Interest-Earning Time Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block Supplement [Abstract]
Investments in Interest-Earning Time Deposits by Contractual Maturity [Table Text Block]	June 30, 201 5 December 31, 201 4 (In Thousands) Due in one year or less $ 1,548 $ 2,337 Due after one year through five years 4,336 4,323 $ 5,884 $ 6,660

Note 5 - Investment Securitie23

Note 5 - Investment Securities Available for Sale (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	June 30 , 201 5 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Short-term bond fund $ 1,237 - $ (40 ) $ 1,197 Limited-term bond fund 550 - (21 ) 529 $ 1,787 $ - $ (61 ) $ 1,726 December 31, 201 4 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Short-term bond fund $ 1,214 $ - $ (34 ) $ 1,180 Limited-term bond fund 546 - (20 ) 526 $ 1,760 $ - $ (54 ) $ 1,706
Schedule of Unrealized Loss on Investments [Table Text Block]	June 3 0 , 201 5 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Short-term bond fund 1 $ - $ - $ 1,197 $ (40 ) $ 1,197 $ (40 ) Limited-term bond fund 1 - - 529 (21 ) 529 (21 ) Total 2 $ - $ - $ 1,726 $ (61 ) $ 1,726 $ (61 ) December 31, 2014 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Short-term bond fund 1 $ - $ - $ 1,180 $ (34 ) $ 1,180 $ (34 ) Limited-term bond fund 1 - - 526 (20 ) 526 (20 ) Total 2 $ - $ - $ 1,706 $ (54 ) $ 1,706 $ (54 )

Note 6 - Loans Receivable, Ne24

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30 , 201 5 December 31, 2014 (In Thousands) Real estate loans: One-to-four family residential: Owner occupied $ 6,726 $ 7,085 Non-owner occupied 50,513 48,554 Total one-to-four family residential 57,239 55,639 Multi-family (five or more) residential 10,523 10,132 Commercial real estate 42,631 35,523 Commercial lines of credit 2,211 1,623 Construction 20,958 14,303 Home equity loans 6,886 6,961 Total real estate loans 140,448 124,181 Commercial business 2,569 749 Other consumer 65 41 Total Loans 143,082 124,971 Deferred loan fees and costs (529 ) (492 ) Allowance for loan losses (1,276 ) (1,148 ) Net Loans $ 141,277 $ 123,331
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2015 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,905 $ - $ 821 $ - $ 6,726 One-to-four family residential non-owner occupied 48,888 393 977 255 50,513 Multi-family residential 10,454 69 - - 10,523 Commercial real estate and lines of credit 43,042 1,051 417 332 44,842 Construction 20,958 - - - 20,958 Home equity 6,754 - 87 45 6,886 Commercial business and other consumer 2,634 - - - 2,634 $ 138,635 $ 1,513 $ 2,302 $ 632 $ 143,082 December 31, 201 4 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,132 $ 116 $ 837 $ - $ 7,085 One-to-four family residential non-owner occupied 46,971 38 1,317 228 48,554 Multi-family residential 10,065 - 67 - 10,132 Commercial real estate and lines of credit 35,984 293 537 332 37,146 Construction 14,303 - - - 14,303 Home equity 6,654 172 90 45 6,961 Commercial business and other consumer 790 - - - 790 $ 120,899 $ 619 $ 2,848 $ 605 $ 124,971
Impaired Financing Receivables [Table Text Block]	June 30, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 821 $ 833 $ - $ 835 $ - One-to-four family residential non-owner occupied 1,081 1,087 - 1,081 26 Multi-family residential - - - - - Commercial real estate and lines of credit 418 431 - 435 6 Construction - - - - - Home equity 87 87 - 89 3 Commercial business and other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 152 154 13 154 3 Multi-family residential - - - - - Commercial real estate and lines of credit 332 332 29 332 5 Construction - - - - - Home equity 45 45 34 45 - Commercial business and other consumer - - - - - Total: One-to-four family residential owner occupied $ 821 $ 833 $ - $ 835 $ - One-to-four family residential non-owner occupied 1,233 1,241 13 1,235 29 Multi-family residential - - - - - Commercial real estate and lines of credit 750 763 29 767 11 Construction - - - - - Home equity 132 132 34 134 3 Commercial business and other consumer - - - - - Total $ 2,936 $ 2,969 $ 76 $ 2,971 $ 43 December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 837 $ 837 $ - $ 839 $ 15 One-to-four family residential non-owner occupied 1,317 1,333 - 1,341 39 Multi-family residential 67 72 - 74 - Commercial real estate and lines of credit 537 537 - 542 17 Construction - - - - - Home equity 90 90 - 93 7 Commercial business and other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 228 231 29 231 - Multi-family residential - - - - - Commercial real estate and lines of credit 332 332 29 331 10 Construction - - - - - Home equity 45 45 8 46 - Commercial business and other consumer - - - - - Total: One-to-four family residential owner occupied $ 837 $ 837 $ - $ 839 $ 15 One-to-four family residential non-owner occupied 1,545 1,564 29 1,572 39 Multi-family residential 67 72 - 74 - Commercial real estate and lines of credit 869 869 29 873 27 Construction - - - - - Home equity 135 135 8 139 7 Commercial business and other consumer - - - - - Total $ 3,453 $ 3,477 $ 66 $ 3,497 $ 88
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	June 30 , 20 15 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 9 895 51 844 13 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 88 - 88 - Commercial business and other consumer - - - - - Total 13 $ 1,116 $ 51 $ 1,065 $ 20 December 31, 201 4 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 7 728 155 573 10 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 90 - 90 - Commercial business and other consumer - - - - - Total 11 $ 951 $ 155 $ 796 $ 17
Contractual Aging of Troubled Debt Restructurings [Table Text Block]	June 30, 2015 Current & Past Due Less than 30 Days Past Due 30-89 Days Greater than 90 Days Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 844 - - 51 895 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 88 - - - 88 Commercial business and other consumer - - - - - Total $ 1,065 $ - $ - $ 51 $ 1,116 December 31, 2014 Current & Past Due Less than 30 Days Past Due 30-89 Days Greater than 90 Days Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 358 215 - 155 728 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 90 - - - 90 Commercial business and other consumer - - - - - Total $ 581 $ 215 $ - $ 155 $ 951
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]	June 30 , 201 5 1-4 Family 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended June 30, 2015 Allowance for loan losses: Beginning balance $ 64 $ 412 $ 63 $ 353 $ 160 $ 44 $ 15 $ 74 1,185 Charge-offs - (30 ) - - - - - - (30 ) Recoveries - - - - - - - - 00 Provision (4 ) (13 ) 2 59 43 29 8 (3 ) 121 Ending balance $ 60 $ 369 $ 65 $ 412 $ 203 $ 73 $ 23 $ 71 $ 1,276 For the Six Months Ended June 30, 201 5 Allowance for loan losses: Beginning balance $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 1148 Charge-offs - (81 ) - - - - - - (81 ) Recoveries - - - - - - - - 0 Provision (15 ) 32 5 88 81 27 16 (25 ) 209 Ending balance $ 60 $ 369 $ 65 $ 412 $ 203 $ 73 $ 23 $ 71 $ 1,276 Ending balance evaluated for impairment: Individually $ - $ 13 $ - $ 29 $ - $ 34 $ - $ - $ 76 Collectively $ 60 $ 356 $ 65 $ 383 $ 203 $ 39 $ 23 $ 71 $ 1,200 Loans receivable: Ending balance $ 6,726 $ 50,513 $ 10,523 $ 44,842 $ 20,958 $ 6,886 $ 2,634 $ - $ 143,082 Ending balance evaluated for impairment: Individually $ 821 $ 1,233 $ - $ 750 $ - $ 132 $ - $ - $ 2,936 Collectively $ 5,905 $ 49,280 $ 10,523 $ 44,092 $ 20,958 $ 6,754 $ 2,634 $ - $ 140,146 June 30 , 201 4 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended June 30, 2014 Allowance for loan losses: Beginning balance $ 61 $ 450 $ 48 $ 303 $ 102 $ 54 $ 3 $ 20 $ 1,041 Charge-offs - - - (1 ) - - - - (1 ) Recoveries - - - - - - - - - Provision (5 ) 41 1 38 (5 ) 1 - 55 126 Ending balance $ 56 $ 491 $ 49 $ 340 $ 97 $ 55 $ 3 $ 75 $ 1,166 For the Six Months Ended June 30, 2014 Allowance for loan losses: Beginning balance $ 59 $ 424 $ 36 $ 199 $ 96 $ 50 $ 2 $ 75 $ 941 Charge-offs - - - (1 ) - - - - (1 ) Recoveries - - - - - - - - - Provision (3 ) 67 13 142 1 5 1 - 226 Ending balance $ 56 $ 491 $ 49 $ 340 $ 97 $ 55 $ 3 $ 75 $ 1,166 Ending balance evaluated for impairment: Individually $ - $ 30 $ - $ 134 $ - $ - $ - $ - $ 164 Collectively $ 56 $ 461 $ 49 $ 206 $ 97 $ 55 $ 3 $ 75 $ 1,002 December 31, 2014 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate and Lines of Credit Construction Home Equity Commercial Business and Other Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 59 $ 424 $ 36 $ 199 $ 96 $ 50 $ 2 $ 75 $ 941 Charge-offs (57 ) - - (133 ) - - - - (190 ) Recoveries - - - 3 - - - - 3 Provision 73 (6 ) 24 255 26 (4 ) 5 21 394 Ending balance $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Ending balance evaluated for impairment Individually $ - $ 29 $ - $ 29 $ - $ 8 $ - $ - $ 66 Collectively $ 75 $ 389 $ 60 $ 295 $ 122 $ 38 $ 7 $ 96 $ 1,082 Loans receivable: Ending balance $ 7,085 $ 48,554 $ 10,132 $ 37,146 $ 14,303 $ 6,961 $ 790 $ - $ 124,971 Ending balance evaluated for impairment Individually $ 837 $ 1,545 $ 67 $ 869 $ - $ 135 $ - $ - $ 3,453 Collectively $ 6,248 $ 47,009 $ 10,065 $ 36,277 $ 14,303 $ 6,826 $ 790 $ - $ 121,518
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	June 30, 2015 December 31, 201 4 One-to-four family residential owner occupied $ 821 $ 588 One-to-four family residential non-owner occupied 216 836 Multi-family residential - 67 Commercial real estate and lines of credit 378 489 Construction - - Home equity 45 45 Commercial business and other consumer - - $ 1,460 $ 2,025
Past Due Financing Receivables [Table Text Block]	June 30, 2015 30-90 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Loans Receivable > 90 Days and Accruing One-to-four family residential owner occupied $ 197 $ 954 $ 1,151 $ 5,575 $ 6,726 $ 132 One-to-four family residential non-owner ccupied 1,562 251 1,813 48,700 50,513 35 Multi-family residential 118 - 118 10,405 10,523 - Commercial real estate and lines of credit 212 953 1,165 43,677 44,842 576 Construction 1,468 - 1,468 19,490 20,958 - Home equity 223 45 268 6,618 6,886 - Commercial business and other consumer - - - 2,634 2,634 - $ 3,780 $ 2,203 $ 5,983 $ 137,099 $ 143,082 $ 743 December 31, 2014 30-90 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Loans Receivable > 90 Days and Accruing One-to-four family residential owner occupied $ 589 $ 837 $ 1,426 $ 5,659 $ 7,085 $ 249 One-to-four family residential non-owner occupied 735 972 1,707 46,847 48,554 136 Multi-family residential - 67 67 10,065 10,132 - Commercial real estate and lines of credit 1,051 910 1,961 35,185 37,146 421 Construction 107 - 107 14,196 14,303 - Home equity 99 45 144 6,817 6,961 - Commercial business and other consumer - - - 790 790 - $ 2,581 $ 2,831 $ 5,412 $ 119,559 $ 124,971 $ 806

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Summary of Deposits [Table Text Block]	June 30 , 201 5 December 31, 201 4 Non-interest bearing checking accounts $ 942 $ 640 Passbook accounts 1,548 2,573 Savings accounts 3,714 5,655 Money market accounts 22,340 19,203 Certificates of deposit 105,472 96,334 Total deposits $ 134,016 $ 124,405

Note 8 - Borrowings (Tables)

Note 8 - Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Federal Home Loan Bank Advances [Member]
Note 8 - Borrowings (Tables) [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	June 30 , 201 5 December 31, 2014 Amount Weighted Interest Amount Weighted Interest Short-term borrowings $ 8,000 0.37 % $ 7,000 0.27 % Fixed rate borrowings maturing: 2016 $ 1,000 0.88 % $ 1,000 0.88 % 2017 2,500 1.15 1,500 1.30 2018 1,000 1.71 1,000 1.71 2019 1,000 2.02 1,000 2.02 Total FHLB long-term debt $ 5,500 1.36 % $ 4,500 1.46 %

Note 9 - Stock Compensation P27

Note 9 - Stock Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Activity [Table Text Block]	June 30, 2015 June 30, 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested at the beginning of the period 20,983 $ 16.18 26,500 $ 16.11 Granted - - - - Vested (5,291 ) 15.46 (5,517 ) 15.83 Forfeited - - - - Unvested at the end of the period 15,692 $ 16.42 20,983 $ 16.18
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	201 5 201 4 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding at the beginning of the year 184,570 $ 12.59 5.7 184,570 $ 12.59 6.5 Granted - - - - - - Exercised - - - - - - Forfeited - - - - - - Outstanding at the end of the period 184,570 $ 12.59 5.0 184,570 $ 12.59 6.0 Exercisable at the end of the period 138,370 $ 11.38 2.9 122,970 $ 10.78 3.9

Note 10 - Fair Value Measurem28

Note 10 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	June 30 , 201 5 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale Short-term bond fund $ 1,197 $ 1,197 $ - $ - Limited-term bond fund 529 529 - - Total investment securities available for sale $ 1,726 $ 1,726 $ - $ - Total recurring fair value measurements $ 1,726 $ 1,726 $ - $ - Nonrecurring fair value measurements Impaired loans $ 2,860 $ - $ - $ 2,860 Other real estate owned 508 - - 508 Total nonrecurring fair value measurements $ 3,368 $ - $ - $ 3,368 December 31, 2014 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale Short-term bond fund $ 1,180 $ 1,180 $ - $ - Limited-term bond fund 526 526 - - Total investment securities available for sale $ 1,706 $ 1,706 $ - $ - Total recurring fair value measurements $ 1,706 $ 1,706 $ - $ - Nonrecurring fair value measurements Impaired loans $ 3,387 $ - $ - $ 3,387 Other real estate owned 111 - - 111 Total nonrecurring fair value measurements $ 3,498 $ - $ - $ 3,498
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	June 30 , 201 5 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 2,860 Appraisal of collateral (1) Appraisal adjustments (2) 0%-19% (3%) Other real estate owned $ 508 Appraisal of collateral (1) Appraisal adjustments ( 2) 0%-46% (13%) December 31, 2014 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 3,387 Appraisal of collateral (1) Appraisal adjustments (2) 0%-33% (2%) Other real estate owned $ 111 Appraisal of collateral (1) Appraisal adjustments ( 2) 1% (1%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at June 30 , 201 5 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 5,047 $ 5,047 $ 5,047 $ - $ - Investment in interest-earning time deposits 5,884 5,963 - - 5,963 Investment securities available for sale 1,726 1,726 1,726 - - Loans held for sale 5,332 5,525 - 5,525 - Loans receivable, net 141,277 142,752 - - 142,752 Accrued interest receivable 893 893 893 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,592 3,592 3,592 - - Financial Liabilities Deposits 134,016 135,456 28,544 - 106,912 FHLB short-term borrowings 8,000 8,000 8,000 - - FHLB long-term borrowings 5,500 5,529 - - 5,529 Accrued interest payable 112 112 112 - - Fair Value Measurements at December 31, 2014 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 13,937 $ 13,937 $ 13,937 $ - $ - Investment in interest-earning time deposits 6,660 6,723 - - 6,723 Investment securities available for sale 1,706 1,706 1,706 - - Loans held for sale 2,556 2,664 - 2,664 - Loans receivable, net 123,331 123,419 - - 123,419 Accrued interest receivable 788 788 788 - - Investment in FHLB stock 527 527 527 - - Bank-owned life insurance 3,549 3,549 3,549 - - Financial Liabilities Deposits 124,405 125,724 28,071 - 97,653 FHLB short-term borrowings 7,000 7,000 7,000 - - FHLB long-term borrowings 4,500 4,492 - - 4,492 Accrued interest payable 108 108 108 - -

Note 1 - Financial Statement 29

Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Accounting Policies [Abstract]
Number of Wholly-Owned Subsidiaries			5
Number of Subsidiary Branch Offices	2		2
Past Due Period of Principal or Interest Payment			90 days
Threshold for Loans to be Evaluated Annually, Minimum			$ 500,000
Asset Impairment Charges	$ 0	$ 0	0	$ 0
Mortgage Loans in Process of Foreclosure, Amount	$ 588,000		$ 588,000
Number of Share-Based Plans			3

Note 2 - Earnings Per Share (De

Note 2 - Earnings Per Share (Details) - Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations [Abstract]
Net Income (in Dollars)	$ 374,000	$ 325,000	$ 583,000	$ 525,000
Weighted average shares outstanding – basic	857,291	845,612	854,557	851,753
Effect of dilutive common stock equivalents	77,488	50,530	75,988	46,208
Adjusted weighted average shares outstanding – diluted	934,779	896,142	930,545	897,961
Basic earnings per share (in Dollars per share)	$ 0.44	$ 0.38	$ 0.68	$ 0.62
Diluted earnings per share (in Dollars per share)	$ 0.40	$ 0.36	$ 0.63	$ 0.58

Note 3 - Accumulated Other Co31

Note 3 - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Note 3 - Accumulated Other Comprehensive Income (Loss) (Details) [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	[1]	$ 0	$ 0	$ 0	$ 0
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Note 3 - Accumulated Other Co32

Note 3 - Accumulated Other Comprehensive Income (Loss) (Details) - Changes in Accumulated Other Comprehensive Loss - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of the period				$ (36,000)
Balance at the end of the period		$ (40,000)		(40,000)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of the period	[1]	(33,000)	$ (18,000)	(36,000)	$ (18,000)
Other comprehensive income (loss) before classifications	[1]	(7,000)	3,000	(4,000)	3,000
Amount reclassified from accumulated other comprehensive loss	[1]	0	0	0	0
Total other comprehensive income (loss)	[1]	(7,000)	3,000	(4,000)	3,000
Balance at the end of the period	[1]	$ (40,000)	$ (15,000)	$ (40,000)	$ (15,000)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Note 4 - Investment in Intere33

Note 4 - Investment in Interest-Earning Time Deposits (Details) - Investment in Interest-Earning Time Deposits - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investment in Interest-Earning Time Deposits [Abstract]
Due in one year or less	$ 1,548	$ 2,337
Due after one year through five years	4,336	4,323
	$ 5,884	$ 6,660

Note 5 - Investment Securitie34

Note 5 - Investment Securities Available for Sale (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014
Note 5 - Investment Securities Available for Sale (Details) [Line Items]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	2		2		2
Other than Temporary Impairment Losses, Investments			$ 0
Asset Impairment Charges	$ 0	$ 0	$ 0	$ 0
Bond Funds [Member]
Note 5 - Investment Securities Available for Sale (Details) [Line Items]
Percentage of Aggregate Depreciation Held by Two Debt Securities	3.40%		3.40%

Note 5 - Investment Securitie35

Note 5 - Investment Securities Available for Sale (Details) - Amortized Cost and Fair Value of Investment Securities Available for Sale - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available for Sale:
Amortized Cost	$ 1,787	$ 1,760
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(61)	(54)
Fair Value	1,726	1,706
Short-Term Bond Fund [Member]
Available for Sale:
Amortized Cost	1,237	1,214
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(40)	(34)
Fair Value	1,197	1,180
Limited-Term Bond Fund [Member]
Available for Sale:
Amortized Cost	550	546
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(21)	(20)
Fair Value	$ 529	$ 526

Note 5 - Investment Securitie36

Note 5 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value $ in Thousands	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 5 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities	2	2
Fair value, twelve months or greater	$ 1,726	$ 1,706
Gross unrealized losses, twelve months or greater	(61)	(54)
Fair value	1,726	1,706
Gross unrealized losses	$ (61)	$ (54)
Short-Term Bond Fund [Member]
Note 5 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities	1	1
Fair value, twelve months or greater	$ 1,197	$ 1,180
Gross unrealized losses, twelve months or greater	(40)	(34)
Fair value	1,197	1,180
Gross unrealized losses	$ (40)	$ (34)
Limited-Term Bond Fund [Member]
Note 5 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities	1	1
Fair value, twelve months or greater	$ 529	$ 526
Gross unrealized losses, twelve months or greater	(21)	(20)
Fair value	529	526
Gross unrealized losses	$ (21)	$ (20)

Note 6 - Loans Receivable, Ne37

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	13	11	0
Financing Receivable, Modifications, Recorded Investment	$ 1,116,000	$ 951,000	$ 1,116,000		$ 1,116,000
Financing Receivable Modifications Removal from Trouble Debt Restructuring Status					6 months
Troubled Debt Restructuring Transferred to Other Real Estate Owned			100,000		$ 100,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down			30,000
Loans and Leases Receivable, Gross	$ 143,082,000	$ 124,971,000	143,082,000		143,082,000
Loans and Leases Receivable, Impaired, Troubled Debt, Interest Income			0	$ 0	0	$ 0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans					$ 49,000	$ 28,000
30 to 89 Days Delinquent [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts		3
Financing Receivable, Modifications, Recorded Investment		$ 215,000
Extended Maturity [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts					3
Financing Receivable, Modifications, Post-Modification Recorded Investment					$ 276,000
Non-accruing Instrument [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	1	2
Financing Receivable, Modifications, Recorded Investment	$ 51,000	$ 155,000	51,000		51,000
Performing Financial Instruments [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	12	6
Financing Receivable, Modifications, Recorded Investment	$ 1,100,000	$ 581,000	1,100,000		1,100,000
Nonperforming Financial Instruments [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 2,200,000	$ 2,800,000	$ 2,200,000		$ 2,200,000

Note 6 - Loans Receivable, Ne38

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Composition of Net Loans Receivable - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
One-to-four family residential:
Loans	$ 143,082		$ 124,971
Deferred loan fees and costs	(529)		(492)
Allowance for loan losses	(1,276)	$ (1,185)	(1,148)	$ (1,166)	$ (1,041)	$ (941)
Net Loans	141,277		123,331
Real Estate Portfolio Segment [Member]
One-to-four family residential:
Loans	140,448		124,181
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
One-to-four family residential:
Loans	6,726		7,085
Allowance for loan losses	(60)	(64)	(75)	(56)	(61)	(59)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
One-to-four family residential:
Loans	50,513		48,554
Allowance for loan losses	(369)	(412)	(418)	(491)	(450)	(424)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Loans [Member]
One-to-four family residential:
Loans	57,239		55,639
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
One-to-four family residential:
Loans	10,523		10,132
Allowance for loan losses	(65)	(63)	(60)	(49)	(48)	(36)
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
One-to-four family residential:
Loans	42,631		35,523
Real Estate Portfolio Segment [Member] | Commercial Lines of Credit [Member]
One-to-four family residential:
Loans	2,211		1,623
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
One-to-four family residential:
Loans	20,958		14,303
Allowance for loan losses	(203)	(160)	(122)	(97)	(102)	(96)
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
One-to-four family residential:
Loans	6,886		6,961
Allowance for loan losses	(73)	$ (44)	(46)	$ (55)	$ (54)	$ (50)
Commercial Portfolio Segment [Member]
One-to-four family residential:
Loans	2,569		749
Consumer Portfolio Segment [Member]
One-to-four family residential:
Loans	$ 65		$ 41

Note 6 - Loans Receivable, Ne39

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Loan Portfolio by Credit Rating - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 143,082	$ 124,971
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	138,635	120,899
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,513	619
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,302	2,848
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	632	605
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	140,448	124,181
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,726	7,085
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,905	6,132
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		116
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	821	837
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	50,513	48,554
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	48,888	46,971
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	393	38
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	977	1,317
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	255	228
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,523	10,132
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	10,454	10,065
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	69
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		67
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	44,842	37,146
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	43,042	35,984
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,051	293
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	417	537
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	332	332
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	20,958	14,303
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	20,958	14,303
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,886	6,961
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,754	6,654
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		172
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	87	90
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	45	45
Commercial and Consumer Portfolio Segments [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,634	790
Commercial and Consumer Portfolio Segments [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 2,634	$ 790

Note 6 - Loans Receivable, Ne40

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Impaired Loans by Loan Portfolio Class - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
With an allowance recorded:
Related allowance	$ 76	$ 66
Total:
Recorded investment	2,936	3,453
Unpaid principal balance	2,969	3,477
Related allowance	76	66
Average recorded investment	2,971	3,497
Interest income recognized	43	88
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	821	837
Unpaid principal balance, with no related allowance recorded	833	837
Average recorded investment, with no related allowance recorded	835	839
Interest income recognized, with no related allowance recorded		15
Total:
Recorded investment	821	837
Unpaid principal balance	833	837
Average recorded investment	835	839
Interest income recognized		15
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	1,081	1,317
Unpaid principal balance, with no related allowance recorded	1,087	1,333
Average recorded investment, with no related allowance recorded	1,081	1,341
Interest income recognized, with no related allowance recorded	26	39
With an allowance recorded:
Recorded investment, with an allowance recorded	152	228
Unpaid principal balance, with an allowance recorded	154	231
Related allowance	13	29
Average recorded investment, with an allowance recorded	154	231
Interest income recognized, with an allowance recorded	3
Total:
Recorded investment	1,233	1,545
Unpaid principal balance	1,241	1,564
Related allowance	13	29
Average recorded investment	1,235	1,572
Interest income recognized	29	39
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded		67
Unpaid principal balance, with no related allowance recorded		72
Average recorded investment, with no related allowance recorded		74
Total:
Recorded investment		67
Unpaid principal balance		72
Average recorded investment		74
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	418	537
Unpaid principal balance, with no related allowance recorded	431	537
Average recorded investment, with no related allowance recorded	435	542
Interest income recognized, with no related allowance recorded	6	17
With an allowance recorded:
Recorded investment, with an allowance recorded	332	332
Unpaid principal balance, with an allowance recorded	332	332
Related allowance	29	29
Average recorded investment, with an allowance recorded	332	331
Interest income recognized, with an allowance recorded	5	10
Total:
Recorded investment	750	869
Unpaid principal balance	763	869
Related allowance	29	29
Average recorded investment	767	873
Interest income recognized	11	27
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	87	90
Unpaid principal balance, with no related allowance recorded	87	90
Average recorded investment, with no related allowance recorded	89	93
Interest income recognized, with no related allowance recorded	3	7
With an allowance recorded:
Recorded investment, with an allowance recorded	45	45
Unpaid principal balance, with an allowance recorded	45	45
Related allowance	34	8
Average recorded investment, with an allowance recorded	45	46
Total:
Recorded investment	132	135
Unpaid principal balance	132	135
Related allowance	34	8
Average recorded investment	134	139
Interest income recognized	$ 3	$ 7

Note 6 - Loans Receivable, Ne41

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Troubled Debt Restructuring Loans	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	13	11	0
Troubled debt restructuring, recorded investment	$ 1,116,000	$ 951,000	$ 1,116,000
Troubled debt restructuring, related allowance	$ 20,000	$ 17,000	20,000
Non-accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	1	2
Troubled debt restructuring, recorded investment	$ 51,000	$ 155,000	51,000
Accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 1,065,000	$ 796,000	1,065,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	9	7
Troubled debt restructuring, recorded investment	$ 895,000	$ 728,000	895,000
Troubled debt restructuring, related allowance	$ 13,000	$ 10,000	13,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	1	1
Troubled debt restructuring, recorded investment	$ 133,000	$ 133,000	133,000
Troubled debt restructuring, related allowance	$ 7,000	$ 7,000	7,000
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	3	3
Troubled debt restructuring, recorded investment	$ 88,000	$ 90,000	88,000
Real Estate Portfolio Segment [Member] | Non-accruing Instrument [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	51,000	155,000	51,000
Real Estate Portfolio Segment [Member] | Accruing Instrument [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	844,000	573,000	844,000
Real Estate Portfolio Segment [Member] | Accruing Instrument [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	133,000	133,000	133,000
Real Estate Portfolio Segment [Member] | Accruing Instrument [Member] | Home Equity Loan [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 88,000	$ 90,000	$ 88,000

Note 6 - Loans Receivable, Ne42

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs [Line Items]
Troubled debt restructurings, current & past due less than 30 Days	$ 1,065,000	$ 581,000
Troubled debt restructurings, past due 30-89 days		215,000
Troubled debt restructurings, non-accrual	51,000	155,000
Troubled debt restructurings	1,116,000	951,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs [Line Items]
Troubled debt restructurings, current & past due less than 30 Days	844,000	358,000
Troubled debt restructurings, past due 30-89 days		215,000
Troubled debt restructurings, non-accrual	51,000	155,000
Troubled debt restructurings	895,000	728,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs [Line Items]
Troubled debt restructurings, current & past due less than 30 Days	133,000	133,000
Troubled debt restructurings	133,000	133,000
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs [Line Items]
Troubled debt restructurings, current & past due less than 30 Days	88,000	90,000
Troubled debt restructurings	$ 88,000	$ 90,000

Note 6 - Loans Receivable, Ne43

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Changes in the Allowance for Loan Losses and Recorded Investment in Loans Receivable - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Allowance for loan losses:
Allowance for loan losses, beginning balance	$ 1,185	$ 1,041	$ 1,148	$ 941	$ 941
Charge-offs	(30)	(1)	(81)	(1)	(190)
Recoveries	0		0		3
Provision	121	126	209	226	394
Allowance for loan losses, ending balance	1,276	1,166	1,276	1,166	1,148
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	76	164	76	164	66
Allowance for loan losses, collectively evaluated for impairment	1,200	1,002	1,200	1,002	1,082
Loans receivable:
Loans receivable	143,082		143,082		124,971
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	2,936		2,936		3,453
Loans receivable, collectively evaluated for impairment	140,146		140,146		121,518
Real Estate Portfolio Segment [Member]
Loans receivable:
Loans receivable	140,448		140,448		124,181
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	64	61	75	59	59
Charge-offs					(57)
Provision	(4)	(5)	(15)	(3)	73
Allowance for loan losses, ending balance	60	56	60	56	75
Ending balance evaluated for impairment:
Allowance for loan losses, collectively evaluated for impairment	60	56	60	56	75
Loans receivable:
Loans receivable	6,726		6,726		7,085
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	821		821		837
Loans receivable, collectively evaluated for impairment	5,905		5,905		6,248
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	412	450	418	424	424
Charge-offs	(30)		(81)
Provision	(13)	41	32	67	(6)
Allowance for loan losses, ending balance	369	491	369	491	418
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	13	30	13	30	29
Allowance for loan losses, collectively evaluated for impairment	356	461	356	461	389
Loans receivable:
Loans receivable	50,513		50,513		48,554
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	1,233		1,233		1,545
Loans receivable, collectively evaluated for impairment	49,280		49,280		47,009
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	63	48	60	36	36
Provision	2	1	5	13	24
Allowance for loan losses, ending balance	65	49	65	49	60
Ending balance evaluated for impairment:
Allowance for loan losses, collectively evaluated for impairment	65	49	65	49	60
Loans receivable:
Loans receivable	10,523		10,523		10,132
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment					67
Loans receivable, collectively evaluated for impairment	10,523		10,523		10,065
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	353	303	324	199	199
Charge-offs		(1)		(1)	(133)
Recoveries					3
Provision	59	38	88	142	255
Allowance for loan losses, ending balance	412	340	412	340	324
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	29	134	29	134	29
Allowance for loan losses, collectively evaluated for impairment	383	206	383	206	295
Loans receivable:
Loans receivable	44,842		44,842		37,146
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	750		750		869
Loans receivable, collectively evaluated for impairment	44,092		44,092		36,277
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	160	102	122	96	96
Provision	43	(5)	81	1	26
Allowance for loan losses, ending balance	203	97	203	97	122
Ending balance evaluated for impairment:
Allowance for loan losses, collectively evaluated for impairment	203	97	203	97	122
Loans receivable:
Loans receivable	20,958		20,958		14,303
Ending balance evaluated for impairment:
Loans receivable, collectively evaluated for impairment	20,958		20,958		14,303
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	44	54	46	50	50
Provision	29	1	27	5	(4)
Allowance for loan losses, ending balance	73	55	73	55	46
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	34		34		8
Allowance for loan losses, collectively evaluated for impairment	39	55	39	55	38
Loans receivable:
Loans receivable	6,886		6,886		6,961
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	132		132		135
Loans receivable, collectively evaluated for impairment	6,754		6,754		6,826
Commercial and Consumer Portfolio Segments [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	15	3	7	2	2
Provision	8		16	1	5
Allowance for loan losses, ending balance	23	3	23	3	7
Ending balance evaluated for impairment:
Allowance for loan losses, collectively evaluated for impairment	23	3	23	3	7
Loans receivable:
Loans receivable	2,634		2,634		790
Ending balance evaluated for impairment:
Loans receivable, collectively evaluated for impairment	2,634		2,634		790
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	74	20	96	75	75
Provision	(3)	55	(25)		21
Allowance for loan losses, ending balance	71	75	71	75	96
Ending balance evaluated for impairment:
Allowance for loan losses, collectively evaluated for impairment	$ 71	$ 75	$ 71	$ 75	$ 96

Note 6 - Loans Receivable, Ne44

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	$ 1,460	$ 2,025
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	821	588
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	216	836
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans		67
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	378	489
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	$ 45	$ 45

Note 6 - Loans Receivable, Ne45

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Loan Portfolio Summarized by Past Due Status - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	$ 5,983	$ 5,412
Loans, current	137,099	119,559
Loans	143,082	124,971
Loans > 90 days and accruing	743	806
30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	3,780	2,581
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	2,203	2,831
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	140,448	124,181
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,151	1,426
Loans, current	5,575	5,659
Loans	6,726	7,085
Loans > 90 days and accruing	132	249
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	197	589
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	954	837
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,813	1,707
Loans, current	48,700	46,847
Loans	50,513	48,554
Loans > 90 days and accruing	35	136
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,562	735
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	251	972
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	118	67
Loans, current	10,405	10,065
Loans	10,523	10,132
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	118
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due		67
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,165	1,961
Loans, current	43,677	35,185
Loans	44,842	37,146
Loans > 90 days and accruing	576	421
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	212	1,051
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	953	910
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,468	107
Loans, current	19,490	14,196
Loans	20,958	14,303
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,468	107
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	268	144
Loans, current	6,618	6,817
Loans	6,886	6,961
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	223	99
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	45	45
Commercial and Consumer Portfolio Segments [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, current	2,634	790
Loans	$ 2,634	$ 790

Note 7 - Deposits (Details) - S

Note 7 - Deposits (Details) - Summary of Deposits - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 7 - Deposits (Details) - Summary of Deposits [Line Items]
Non-interest bearing checking accounts	$ 942	$ 640
Money market accounts	22,340	19,203
Certificates of deposit	105,472	96,334
Total deposits	134,016	124,405
Passbook Accounts [Member]
Note 7 - Deposits (Details) - Summary of Deposits [Line Items]
Savings deposit accounts	1,548	2,573
Savings Accounts [Member]
Note 7 - Deposits (Details) - Summary of Deposits [Line Items]
Savings deposit accounts	$ 3,714	$ 5,655

Note 8 - Borrowings (Details) -

Note 8 - Borrowings (Details) - Federal Home Loan Bank Long-term Borrowings - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Federal Home Loan Bank Long-term Borrowings [Abstract]
Short-term borrowings	$ 8,000	$ 7,000
Short-term borrowings	0.37%	0.27%
Fixed rate borrowings maturing:
2,016	$ 1,000	$ 1,000
2,016	0.88%	0.88%
2,017	$ 2,500	$ 1,500
2,017	1.15%	1.30%
2,018	$ 1,000	$ 1,000
2,018	1.71%	1.71%
2,019	$ 1,000	$ 1,000
2,019	2.02%	2.02%
Total FHLB long-term debt	$ 5,500	$ 4,500
Total FHLB long-term debt	1.36%	1.46%

Note 9 - Stock Compensation P48

Note 9 - Stock Compensation Plans (Details) - USD ($)	1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	May. 31, 2013	May. 31, 2008	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2007	Dec. 31, 2014	Dec. 31, 2013
Note 9 - Stock Compensation Plans (Details) [Line Items]
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 37,000	$ 34,000	$ 73,000	$ 68,000
Employee Stock Ownership Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Percentage of Company Shares Purchased by ESOP							8.00%
Employee Stock Ownership Plan (ESOP), Shares Contributed to ESOP (in Shares)							111,090
Employee Stock Ownership Plan (ESOP), Weighted Average Purchase Price of Shares Purchased (in Dollars per share)							$ 9.35
Employee Stock Ownership Plan Purchase Cost of Shares							$ 1,000,000
ESOP Loan Interest Rate							7.75%
Employee Stock Ownership Plan (ESOP), Loan Term							15 years
The 2008 Recognition and Retention Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Purchased for Award (in Shares)		55,545
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased (in Dollars per share)		$ 9.36
Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards		$ 520,000
The 2013 Stock Incentive Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	97,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)			184,570		184,570
The 2008 Stock Option Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)			184,570		184,570
Restricted Stock [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares)			15,692	20,983	15,692	20,983		20,983	26,500
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					2 years 328 days
Allocated Share-based Compensation Expense, Net of Tax			$ 21,000	$ 21,000	$ 43,000	$ 43,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			7,000	7,000	15,000	$ 15,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options			$ 244,000		$ 244,000
Restricted Stock [Member] | The 2008 Recognition and Retention Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares)			15,692		15,692
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			0		0
Restricted Stock [Member] | The 2013 Stock Incentive Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	24,375
Percentage of Shares May Be Granted As Restricted Stock Awards	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			10,684		10,684
Employee Stock Option [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)					0	0
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					2 years 328 days
Allocated Share-based Compensation Expense, Net of Tax			$ 12,000	12,000	$ 22,000	$ 22,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			1,000	$ 1,000	$ 2,000	$ 2,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)					$ 0	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period					10 years
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 130,000		$ 130,000
Employee Stock Option [Member] | The 2013 Stock Incentive Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	73,125
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			27,418		27,418
Employee Stock Option [Member] | The 2008 Stock Option Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			0		0
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)			138,863		138,863
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)		$ 10
Minimum [Member] | Restricted Stock [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					5 years
Minimum [Member] | Restricted Stock [Member] | The 2008 Recognition and Retention Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Minimum [Member] | Restricted Stock [Member] | The 2013 Stock Incentive Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Minimum [Member] | Employee Stock Option [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Maximum [Member] | Restricted Stock [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition					7 years
Maximum [Member] | Restricted Stock [Member] | The 2008 Recognition and Retention Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					7 years
Maximum [Member] | Restricted Stock [Member] | The 2013 Stock Incentive Plan [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					7 years
Maximum [Member] | Employee Stock Option [Member]
Note 9 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					7 years

Note 9 - Stock Compensation P49

Note 9 - Stock Compensation Plans (Details) - Status of Shares under the RRP and Stock Incentive Plan - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Note 9 - Stock Compensation Plans (Details) - Status of Shares under the RRP and Stock Incentive Plan [Line Items]
Unvested at the beginning of the period	20,983	26,500
Unvested at the beginning of the period	$ 16.18	$ 16.11
Granted	0	0
Granted	$ 0	$ 0
Vested	(5,291)	(5,517)
Vested	$ 15.46	$ 15.83
Forfeited	0	0
Forfeited	$ 0	$ 0
Unvested at the end of the period	15,692	20,983
Unvested at the end of the period	$ 16.42	$ 16.18

Note 9 - Stock Compensation P50

Note 9 - Stock Compensation Plans (Details) - Summary of Option Activity - Employee Stock Option [Member] - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Note 9 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Granted	0	0
Granted (in Dollars per share)	$ 0	$ 0
Granted
Exercised	0	0
Exercised (in Dollars per share)	$ 0	$ 0
Exercised	0	0
Forfeited	0	0
Forfeited (in Dollars per share)	$ 0	$ 0
Forfeited	0	0
Exercisable at the end of the period	138,370	122,970
Exercisable at the end of the period (in Dollars per share)	$ 11.38	$ 10.78
Exercisable at the end of the period	2 years 328 days	3 years 328 days
Beginning of Year [Member]
Note 9 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Outstanding at the beginning of the year	184,570	184,570
Outstanding at the beginning of the year (in Dollars per share)	$ 12.59	$ 12.59
Outstanding at the beginning of the year	5 years 255 days	6 years 6 months
Outstanding at the end of the period	5 years 255 days	6 years 6 months
End of Year [Member]
Note 9 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Outstanding at the beginning of the year	5 years	6 years
Outstanding at the end of the period	184,570	184,570
Outstanding at the end of the period (in Dollars per share)	$ 12.59	$ 12.59
Outstanding at the end of the period	5 years	6 years

Note 10 - Fair Value Measurem51

Note 10 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Financial Assets and Liabilities on a Recurring and Nonrecurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investment securities available for sale
Investment securities available for sale	$ 1,726	$ 1,706
Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	1,726	1,706
Total recurring fair value measurements	1,726	1,706
Fair Value, Measurements, Nonrecurring [Member]
Investment securities available for sale
Impaired loans	2,860	3,387
Other real estate owned	508	111
Total nonrecurring fair value measurements	3,368	3,498
Short-Term Bond Fund [Member]
Investment securities available for sale
Investment securities available for sale	1,197	1,180
Short-Term Bond Fund [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	1,197	1,180
Limited-Term Bond Fund [Member]
Investment securities available for sale
Investment securities available for sale	529	526
Limited-Term Bond Fund [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	529	526
Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Investment securities available for sale	1,726	1,706
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	1,726	1,706
Total recurring fair value measurements	1,726	1,706
Fair Value, Inputs, Level 1 [Member] | Short-Term Bond Fund [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	1,197	1,180
Fair Value, Inputs, Level 1 [Member] | Limited-Term Bond Fund [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Investment securities available for sale	529	526
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Investment securities available for sale
Impaired loans	2,860	3,387
Other real estate owned	508	111
Total nonrecurring fair value measurements	$ 3,368	$ 3,498

Note 10 - Fair Value Measurem52

Note 10 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Additional Quantitative Information About Assets Measured at Fair Value on a Nonrecurring Basis - Appraisal of Collateral [Member] - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total fair value (in Dollars)		$ 2,860	$ 3,387
Valuation techniques	[1]	Appraisal of collateral (1)	Appraisal of collateral (1)
Unobservable input	[2]	Appraisal adjustments (2)	Appraisal adjustments (2)
Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total fair value (in Dollars)		$ 508	$ 111
Valuation techniques	[1]	Appraisal of collateral (1)	Appraisal of collateral (1)
Unobservable input	[2]	Appraisal adjustments (2)	Appraisal adjustments (2)
Minimum [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		0.00%	0.00%
		(0.00%)	(0.00%)
Minimum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		0.00%	1.00%
		(0.00%)	(1.00%)
Maximum [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		19.00%	33.00%
		(19.00%)	(33.00%)
Maximum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		46.00%	1.00%
		(46.00%)	(1.00%)
Weighted Average [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		3.00%	2.00%
		(3.00%)	(2.00%)
Weighted Average [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		13.00%	1.00%
		(13.00%)	(1.00%)
[1]	Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are identifiable
[2]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percentage of the appraisal.

Note 10 - Fair Value Measurem53

Note 10 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Estimated Fair Values of Financial Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Financial Assets
Investment securities available for sale	$ 1,726	$ 1,706
Accrued interest receivable	893	788
Bank-owned life insurance	3,592	3,549
Reported Value Measurement [Member]
Financial Assets
Cash and cash equivalents	5,047	13,937
Investment in interest-earning time deposits	5,884	6,660
Investment securities available for sale	1,726	1,706
Loans held for sale	5,332	2,556
Loans receivable, net	141,277	123,331
Accrued interest receivable	893	788
Investment in FHLB stock	618	527
Bank-owned life insurance	3,592	3,549
Financial Liabilities
Deposits	134,016	124,405
FHLB advances	8,000	7,000
FHLB long-term borrowings	5,500	4,500
Accrued interest payable	112	108
Estimate of Fair Value Measurement [Member]
Financial Assets
Cash and cash equivalents	5,047	13,937
Investment in interest-earning time deposits	5,963	6,723
Investment securities available for sale	1,726	1,706
Loans held for sale	5,525	2,664
Loans receivable, net	142,752	123,419
Accrued interest receivable	893	788
Investment in FHLB stock	618	527
Bank-owned life insurance	3,592	3,549
Financial Liabilities
Deposits	135,456	125,724
FHLB advances	8,000	7,000
FHLB long-term borrowings	5,529	4,492
Accrued interest payable	112	108
Fair Value, Inputs, Level 1 [Member]
Financial Assets
Cash and cash equivalents	5,047	13,937
Investment securities available for sale	1,726	1,706
Accrued interest receivable	893	788
Investment in FHLB stock	618	527
Bank-owned life insurance	3,592	3,549
Financial Liabilities
Deposits	28,544	28,071
FHLB advances	8,000	7,000
Accrued interest payable	112	108
Fair Value, Inputs, Level 2 [Member]
Financial Assets
Loans held for sale	5,525	2,664
Fair Value, Inputs, Level 3 [Member]
Financial Assets
Investment in interest-earning time deposits	5,963	6,723
Loans receivable, net	142,752	123,419
Financial Liabilities
Deposits	106,912	97,653
FHLB long-term borrowings	$ 5,529	$ 4,492