Quaint Oak Bancorp (QNTO) 10-Q 13 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 12, 2016
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		1,862,868
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	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Due from banks, non-interest-bearing	$ 40	$ 43
Due from banks, interest-bearing	14,004	17,163
Cash and cash equivalents	14,044	17,206
Investment in interest-earning time deposits	6,146	6,136
Investment securities available for sale	4,995	3,005
Loans held for sale	2,718	5,064
Loans receivable, net of allowance for loan losses (2016 $1,358; 2015 $1,313)	150,125	143,305
Accrued interest receivable	1,025	983
Investment in Federal Home Loan Bank stock, at cost	618	618
Bank-owned life insurance	3,660	3,638
Premises and equipment, net	1,798	1,834
Other real estate owned	1,384	1,410
Prepaid expenses and other assets	1,010	969
Total Assets	187,523	184,168
Deposits:
Non-interest bearing	2,871	2,407
Interest-bearing	149,801	146,822
Total deposits	152,672	149,229
Federal Home Loan Bank short-term borrowings	6,000	6,000
Federal Home Loan Bank long-term borrowings	7,500	7,500
Accrued interest payable	122	123
Advances from borrowers for taxes and insurance	1,192	1,859
Accrued expenses and other liabilities	658	421
Total Liabilities	$ 168,144	$ 165,132
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; 2,777,250 issued; 1,855,513 and 1,841,475 outstanding at March 31, 2016 and December 31, 2015, respectively	$ 28	$ 28
Additional paid-in capital	14,080	14,013
Treasury stock, at cost: 2016 921,737 shares; 2015 935,775 shares	(4,787)	(4,859)
Unallocated common stock held by:
Employee Stock Ownership Plan (ESOP)	(371)	(387)
Recognition & Retention Plan Trust (RRP)	(70)	(70)
Accumulated other comprehensive income (loss)	6	(12)
Retained earnings	10,493	10,323
Total Stockholders' Equity	19,379	19,036
Total Liabilities and Stockholders' Equity	$ 187,523	$ 184,168

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Loans receivable, allowance for loan losses (in Dollars)	$ 1,358	$ 1,313
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	2,777,250	2,777,250
Common stock, shares outstanding	1,855,513	1,841,475
Treasury stock, shares	921,737	935,775

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest Income
Interest on loans	$ 2,089,000	$ 1,928,000
Interest and dividends on time deposits and investment securities	73,000	62,000
Total Interest Income	2,162,000	1,990,000
Interest Expense
Interest on deposits	547,000	456,000
Interest on Federal Home Loan Bank borrowings	33,000	19,000
Total Interest Expense	580,000	475,000
Net Interest Income	1,582,000	1,515,000
Provision for Loan Losses	45,000	88,000
Net Interest Income after Provision for Loan Losses	1,537,000	1,427,000
Non-Interest Income
Mortgage banking and title abstract fees	133,000	104,000
Other fees and services charges	18,000	22,000
Income from bank-owned life insurance	22,000	21,000
Net gain on the sale of residential mortgage loans	254,000	260,000
Gain on the sale of SBA loans	57,000	7,000
Gain on sale of other real estate owned	1,000
Other	9,000	5,000
Total Non-Interest Income, net	494,000	419,000
Non-Interest Expense
Salaries and employee benefits	1,074,000	1,040,000
Directors' fees and expenses	56,000	52,000
Occupancy and equipment	153,000	149,000
Professional fees	91,000	77,000
FDIC deposit insurance assessment	32,000	28,000
Other real estate owned expenses	66,000	8,000
Advertising	31,000	31,000
Other	128,000	115,000
Total Non-Interest Expense	1,631,000	1,500,000
Income before Income Taxes	400,000	346,000
Income Taxes	161,000	137,000
Net Income	$ 239,000	$ 209,000
Earnings per share – basic (in Dollars per share)	$ 0.14	$ 0.13
Average shares outstanding - basic (in Shares)	1,754,326	1,703,588
Earnings per share - diluted (in Dollars per share)	$ 0.12	$ 0.12
Average shares outstanding - diluted (in Shares)	1,855,513	1,852,214

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net Income	$ 239,000	$ 209,000
Other Comprehensive Income:
Unrealized gains on investment securities available for sale	27,000	4,000
Income tax effect	(9,000)	(1,000)
Net other comprehensive income	18,000	3,000
Total Comprehensive Income	$ 257,000	$ 212,000

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($)	Common Stock [Member]The 401(k) Plan [Member]	Common Stock [Member]The 2008 Stock Option Plan [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]The 401(k) Plan [Member]	Additional Paid-in Capital [Member]The 2008 Stock Option Plan [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]The 401(k) Plan [Member]	Treasury Stock [Member]The 2008 Stock Option Plan [Member]	Treasury Stock [Member]	Unallocated Common Stock Held by Benefit Plans[Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	The 401(k) Plan [Member]	The 2008 Stock Option Plan [Member]	Total
Balance at Dec. 31, 2015			$ 28,000			$ 14,013,000			$ (4,859,000)	$ (457,000)	$ (12,000)	$ 10,323,000			$ 19,036,000
Balance (in Shares) at Dec. 31, 2015			1,841,475												1,841,475
Common stock allocated by ESOP						27,000				16,000					$ 43,000
Reissuance of treasury stock, value				$ 10,000	$ (2,000)		$ 7,000	$ 65,000					$ 17,000	$ 63,000
Reissuance of treasury stock, shares (in Shares)	1,498	12,540
Stock based compensation expense						32,000									32,000
Cash dividends declared ($0.038 per share)												(69,000)			(69,000)
Net Income												239,000			239,000
Other comprehensive income (loss), net											18,000				18,000
Balance at Mar. 31, 2016			$ 28,000			$ 14,080,000			$ (4,787,000)	$ (441,000)	$ 6,000	$ 10,493,000			$ 19,379,000
Balance (in Shares) at Mar. 31, 2016			1,855,513												1,855,513

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals)	3 Months Ended
	Mar. 31, 2016$ / shares
Common Stock [Member]
Cash dividends declared per share	$ 0.038

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net income	$ 239,000	$ 209,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	45,000	88,000
Write-down of OREO properties	53,000
Depreciation expense	51,000	43,000
Net amortization of securities premiums	4,000
Accretion of deferred loan fees and costs, net	(75,000)	(80,000)
Stock-based compensation expense	75,000	68,000
Net gain on the sale of residential mortgage loans	(254,000)	(260,000)
Gain on the sale of SBA loans	(57,000)	(7,000)
Net gain on sale of other real estate owned	(1,000)
Increase in the cash surrender value of bank-owned life insurance	(22,000)	(21,000)
Changes in assets and liabilities which provided (used) cash:
Loans held for sale-originations	(10,859,000)	(8,802,000)
Loans held for sale-proceeds	13,459,000	9,258,000
Accrued interest receivable	(42,000)	(60,000)
Prepaid expenses and other assets	(50,000)	(252,000)
Accrued interest payable	(1,000)	(5,000)
Accrued expenses and other liabilities	237,000	(62,000)
Net Cash Provided by Operating Activities	2,802,000	117,000
Cash Flows from Investing Activities
Net increase in investment in interest-earning time deposits	(10,000)	(5,000)
Purchase of investment securities available for sale	(2,044,000)	(13,000)
Principle repayments of investment securities available for sale	77,000
Net increase in loans receivable	(6,733,000)	(10,181,000)
Proceeds from the sale of other real estate owned	68,000
Capitalized expenditures on other real estate owned	(94,000)
Purchase of premises and equipment	(15,000)	(79,000)
Net Cash Used in Investing Activities	(8,751,000)	(10,278,000)
Cash Flows from Financing Activities
Net increase (decrease) in demand deposits and savings accounts	74,000	(600,000)
Net increase in certificate accounts	3,369,000	2,369,000
Dividends paid	(69,000)	(54,000)
Purchase of treasury stock		(5,000)
Proceeds from the reissuance of treasury stock	17,000	17,000
Proceeds from the exercise of stock options	63,000
Decrease in advances from borrowers for taxes and insurance	(667,000)	(525,000)
Net Cash Provided by Financing Activities	2,787,000	1,202,000
Net Decrease in Cash and Cash Equivalents	(3,162,000)	(8,959,000)
Cash and Cash Equivalents – Beginning of Year	17,206,000	13,937,000
Cash and Cash Equivalents – End of Year	14,044,000	4,978,000
Cash payments for interest	581,000	480,000
Cash payments for income taxes	$ 175,000	350,000
Transfer of loans to other real estate owned		$ 260,000

Note 1 - Financial Statement Pr

Note 1 - Financial Statement Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2016
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, 2015 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 2015 Annual Report on Form 10-K. The results of operations for the three months ended March 31, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016. 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 re-evaluated quarterly to ensure their relevance in the current economic environment. Residential 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 months ended March 31, 2016 and 2015. Bank Owned Life Insurance (BOLl). Other Real Estate Owned. The Company has one one-to-four family residential non-owner occupied loan and one multi-family loan for which foreclosure proceedings are in process at March 31, 2016. The total recorded investment is $387,000. Share-Based Compensation. At March 31, 2016, 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 10. The Company also has an employee stock ownership plan ("ESOP"). This plan is more fully described in Note 10. 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 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard) In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606) In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718). In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606) Reclassifications.

Note 2 - Stock Split

Note 2 - Stock Split	3 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	Note 2 – Stock Split On August 13, 2015, the Company's Board of Directors declared a two-for-one stock split in the form of a 100% stock dividend effective for shareholders of record on August 24, 2015 that was distributed on September 8, 2015. All per share amounts in this report have been restated to reflect this stock split. An amount equal to the par value of the additional common shares issued pursuant to the stock split was reflected as a transfer from additional paid-in capital to common stock on the consolidated financial statements as of the year ended December 31, 2015.

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 3 – 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 ended March 31, 2016 and 2015 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 March 31, 2016 2015 Net Income $ 239,000 $ 209,000 Weighted average shares outstanding – basic 1,754,326 1,703,588 Effect of dilutive common stock equivalents 101,187 148,626 Adjusted weighted average shares outstanding – diluted 1,855,513 1,852,214 Basic earnings per share $ 0.14 $ 0.13 Diluted earnings per share $ 0.12 $ 0.12

Note 4 - Accumulated Other Comp

Note 4 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note 4 – Accumulated Other Comprehensive Income (Loss) The following table presents the changes in accumulated other comprehensive income (loss) by component net of tax for the three months ended March 31, 2016 and 2015 (in thousands): Unrealized Gains on Investment Securities Available for Sale (1) For the Three Months Ended March 31, 2016 2015 Balance at the beginning of the period $ (12 ) $ (36 ) Other comprehensive income before classifications 18 3 Amount reclassified from accumulated other comprehensive income (loss) - - Total other comprehensive income 18 3 Balance at the end of the period $ 6 $ (33 ) (1) All amounts are net of tax. Amounts in parentheses indicate debits. There were no amounts reclassified out of accumulated other comprehensive income (loss) for the three months ended March 31, 2016 and 2015.

Note 5 - Investment in Interest

Note 5 - Investment in Interest-earning Time Deposits	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	Note 5 – Investment in Interest-Earning Time Deposits The investment in interest-earning time deposits as of March 31, 2016 and December 31, 2015, by contractual maturity, are shown below: March 31, 2016 December 31, 2015 (In Thousands) Due in one year or less $ 4,101 $ 3,585 Due after one year through five years 2,045 2,551 $ 6,146 $ 6,136

Note 6 - Investment Securities

Note 6 - Investment Securities Available for Sale	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 6 – Investment Securities Available for Sale The amortized cost and fair value of investment securities available for sale at March 31, 2016 and December 31, 2015 are summarized below (in thousands): March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Governmental National Mortgage Association securities $ 1,933 $ 5 $ - $ 1,938 Federal Home Loan Mortgage Corporation securities 2,064 5 - 2,069 Federal National Mortgage Association securities 989 - (1 ) 988 $ 4,986 $ 10 $ (1 ) $ 4,995 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Governmental National Mortgage Association securities $ 2,003 $ - $ (13 ) $ 1,990 Federal Home Loan Mortgage Corporation securities 1,020 - (5 ) 1,015 $ 3,023 $ - $ (18 ) $ 3,005 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 March 31, 2016 and December 31, 2015 (dollar amounts in thousands): March 31, 2016 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Federal National Mortgage Association securities 1 $ 988 $ (1 ) $ - $ - $ 988 $ (1 ) December 31, 2015 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Governmental National Mortgage Association securities 2 $ 1,990 $ (13 ) $ - $ - $ 1,990 $ (13 ) Federal Home Loan Mortgage Corporation securities 1 1,015 (5 ) - - 1,015 (5 ) Total 3 $ 3,005 $ (18 ) $ - $ - $ 3,005 $ (18 ) At March 31, 2016, there was one security in an unrealized loss position that at such date had an aggregate depreciation of 0.17% 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 of 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 securities until the anticipated recovery of fair value occurs. Management does not believe any individual unrealized loss as of March 31, 2016 represents an other-than-temporary impairment. There were no impairment charges recognized during the three months ended March 31, 2016 or 2015.

Note 7 - Loans Receivable, Net

Note 7 - Loans Receivable, Net and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Financing Receivables [Text Block]	Note 7 - Loans Receivable, Net and Allowance for Loan Losses The composition of net loans receivable is as follows: March 31, 2016 December 31, 2015 (In Thousands) Real estate loans: One-to-four family residential: Owner occupied $ 6,326 $ 5,777 Non-owner occupied 51,392 51,036 Total one-to-four family residential 57,718 56,813 Multi-family (five or more) residential 12,523 12,402 Commercial real estate 53,000 47,550 Commercial lines of credit 2,196 2,215 Construction 15,688 16,100 Home equity loans 7,411 7,409 Total real estate loans 148,536 142,489 Commercial business 3,446 2,576 Other consumer 73 71 Total Loans 152,055 145,136 Deferred loan fees and costs (572 ) (518 ) Allowance for loan losses (1,358 ) (1,313 ) Net Loans $ 150,125 $ 143,305 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 March 31, 2016 and December 31, 2015 (in thousands): March 31, 2016 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,326 $ - $ - $ - $ 6,326 One-to-four family residential non-owner occupied 50,152 - 1,240 - 51,392 Multi-family residential 12,523 - - - 12,523 Commercial real estate and lines of credit 53,753 - 1,443 - 55,196 Construction 14,003 - 1,685 - 15,688 Home equity 7,411 - -- - 7,411 Commercial business 3,446 - -- - 3,446 Other consumer 73 - -- - 73 $ 147,687 $ - $ 4,368 $ - $ 152,055 December 31, 2015 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,777 $ - $ - $ - $ 5,777 One-to-four family residential non-owner occupied 49,457 331 1,248 - 51,036 Multi-family residential 12,402 - - - 12,402 Commercial real estate and lines of credit 48,185 262 1,318 - 49,765 Construction 14,621 - 1,479 - 16,100 Home equity 7,409 - - - 7,409 Commercial business 2,576 - - - 2,576 Other consumer 71 - - - 71 $ 140,498 $ 593 $ 4,045 $ - $ 145,136 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of March 31, 2016 as well as the average recorded investment and related interest income for the period then ended (in thousands): March 31, 2016 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1,161 1,169 - 1,191 15 Multi-family residential - - - - - Commercial real estate and lines of credit 262 262 - 262 - Construction - - - - - Home equity 83 83 - 84 2 Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 197 197 28 197 4 Multi-family residential - - - - - Commercial real estate and lines of credit 133 133 11 133 2 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1,358 1,366 28 1,388 19 Multi-family residential - - - - - Commercial real estate and lines of credit 395 395 11 395 2 Construction - - - - - Home equity 83 83 - 84 2 Commercial business - - - - - Other consumer - - - - - Total $ 1,836 $ 1,844 $ 39 $ 1,867 $ 23 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not necessary as of December 31, 2015 as well as the average recorded investment and related interest income for the year then ended (in thousands): December 31, 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 $ - $ - $ - $ 828 $ 15 One-to-four family residential non-owner occupied 653 659 - 1,464 62 Multi-family residential - - - 66 5 Commercial real estate and lines of credit - - - 1,085 77 Construction - - - - - Home equity 84 84 - 87 7 Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 321 321 33 556 22 Multi-family residential - - - - - Commercial real estate and lines of credit 133 133 7 332 9 Construction - - - - - Home equity - - - 45 4 Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ - $ - $ - $ 828 $ 15 One-to-four family residential non-owner occupied 974 980 33 2,020 84 Multi-family residential - - - 66 5 Commercial real estate and lines of credit 133 133 7 1,417 86 Construction - - - - - Home equity 84 84 - 132 11 Commercial business - - - - - Other consumer - - - - - Total $ 1,191 $ 1,197 $ 40 $ 4,463 $ 201 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 March 31, 2016 and December 31, 2015, the Company had nine loans totaling $776,000 and $781,000, respectively, that were identified as troubled debt restructurings. All nine of these loans 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 March 31, 2016 and December 31, 2015 (dollar amounts in thousands): March 31, 2016 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 5 560 - 560 25 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 11 Construction - - - - - Home equity 3 83 - 83 - Commercial business - - - - - Other consumer - - - - - Total 9 $ 776 $ - $ 776 $ 36 December 31, 2015 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 5 564 - 564 25 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 84 - 84 - Commercial business - - - - - Other consumer - - - - - Total 9 $ 781 $ - $ 781 $ 32 The contractual aging of the TDRs in the table above as of March 31, 2016 and December 31, 2015 is as follows (in thousands): March 31, 2016 Accruing 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 560 - - - 560 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 83 - - - 83 Commercial business - - - - - Other consumer - - - - - Total $ 776 $ - $ - $ - $ 776 December 31, 2015 Accruing 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 564 - - - 564 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 84 - - - 84 Commercial business - - - - - Other consumer - - - - - Total $ 781 $ - $ - $ - $ 781 During the three months ended March 31, 2016 there were no new loans identified as TDRs. 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 March 31, 2016 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. The Company did not have any troubled debt restructurings default within the three months ended March 31, 2016. Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three months ended March 31, 2016 and recorded investment in loans receivable as of March 31, 2015 (in thousands): March 31, 2016 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 $ 55 $ 486 $ 81 $ 389 $ 153 $ 50 $ 18 $ 81 $ 1,313 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (4 ) 26 (25 ) 36 (4 ) 2 14 - 45 Ending balance $ 51 $ 512 $ 56 $ 425 $ 149 $ 52 $ 32 $ 81 $ 1,358 Ending balance evaluated for impairment: Individually $ - $ 28 $ - $ 11 $ - $ - $ - $ - $ 39 Collectively $ 51 $ 484 $ 56 $ 414 $ 149 $ 52 $ 32 $ 81 $ 1,319 Loans receivable: Ending balance: $ 6,326 $ 51,392 $ 12,523 $ 55,196 $ 15,688 $ 7,411 $ 3,519 $ - $ 152,055 Ending balance evaluated for impairment: Individually $ - $ 1,358 $ - $ 395 $ - $ 83 $ - $ - $ 1,836 Collectively $ 6,326 $ 50,034 $ 12,523 $ 54,801 $ 15,688 $ 7,328 $ 3,519 $ - $ 150,219 Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three months ended March 31, 2015 (in thousands): March 31, 2015 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 $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Charge-offs - (51 ) - - - - - - (51 ) Recoveries - - - - - - - - - Provision (11 ) 45 3 29 38 (2 ) 8 (22 ) 88 Ending balance $ 64 $ 412 $ 63 $ 353 $ 160 $ 44 $ 15 $ 74 $ 1,185 Ending balance evaluated for impairment: Individually $ - $ 13 $ - $ 29 $ - $ 8 $ - $ - $ 50 Collectively $ 64 $ 399 $ 63 $ 324 $ 160 $ 36 $ 15 $ 74 $ 1,135 Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the year ended December 31, 2015 and recorded investment in loans receivable as of December 31, 2015 (in thousands): December 31, 2015 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 $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Charge-offs - (110 ) - (21 ) - (45 ) - - (176 ) Recoveries - - - 21 - - - - 21 Provision (20 ) 178 21 65 31 49 11 (15 ) 320 Ending balance $ 55 $ 486 $ 81 $ 389 $ 153 $ 50 $ 18 $ 81 $ 1,313 Ending balance evaluated for impairment Individually $ - $ 33 $ - $ 7 $ -- $ - $ - $ - $ 40 Collectively $ 55 $ 453 $ 81 $ 382 $ 153 $ 50 $ 18 $ 81 $ 1,273 Loans receivable: Ending balance $ 5,777 $ 51,036 $ 12,402 $ 49,765 $ 16,100 $ 7,409 $ 2,647 $ - $ 145,136 Ending balance evaluated for impairment Individually $ - $ 974 $ - $ 133 $ - $ 84 $ - $ - $ 1,191 Collectively $ 5,777 $ 50,062 $ 12,402 $ 49,632 $ 16,100 $ 7,325 $ 2,647 $ - $ 143,945 The Bank allocated increased allowance for loan loss provisions to the commercial real estate and lines of credit, the 1-4 family residential non-owner occupied, and the commercial business loans portfolio classes for the three months ended March 31, 2016, due to increased balances in these portfolio classes. The Bank allocated decreased allowance for loan loss provisions to the multi-family residential portfolio classes for the three months ended March 31, 2016, due to decreased activity in this portfolio class. The Bank allocated increased allowance for loan loss provisions to the 1-4 family residential non-owner occupied class for the three months ended March 31, 2015, due to increased charge-off activity in this portfolio class. 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 months ended March 31, 2015, due to increased balances in these portfolio classes. The Bank allocated decreased allowance for loan loss provisions to the 1-4 family residential owner occupied portfolio classes for the three months ended March 31, 2015, due to decreased activity in this portfolio class. he following table presents nonaccrual loans by classes of the loan portfolio as of March 31, 2016 and December 31, 2015 (in thousands): March 31, 2016 December 31, 2015 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied 697 186 Multi-family residential - - Commercial real estate and lines of credit 262 - Construction - - Home equity - - Commercial business - - Other consumer - - $ 959 $ 186 Non-performing loans, which consist of non-accruing loans plus accruing loans 90 days or more past due, amounted to $1.9 million and $852,000 at March 31, 2016 and December 31, 2015, 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 months ended March 31, 2016 and 2015 there was no interest income recognized on non-accrual loans on a cash basis. Interest income foregone on non-accrual loans was approximately $30,000 and $32,000 for the three months ended March 31, 2016 and 2015, 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 March 31, 2016 and December 31, 2015 (in thousands): March 31, 2016 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 $ 451 $ - $ 451 $ 5,875 $ 6,326 $ - One-to-four family residential non-owner occupied 76 1,155 1,231 50,161 51,392 458 Multi-family residential - - - 12,523 12,523 - Commercial real estate and lines of credit 435 714 1,149 54,047 55,196 452 Construction 1,585 71 1,656 14,032 15,688 71 Home equity 625 - 625 6,786 7,411 - Commercial business - - - 3,446 3,446 - Other consumer - - - 73 73 - $ 3,172 $ 1,940 $ 5,112 $ 146,943 $ 152,055 $ 981 December 31, 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 $ 253 $ - $ 253 $ 5,524 $ 5,777 $ - One-to-four family residential non-owner occupied 1,227 590 1,817 49,219 51,036 404 Multi-family residential - - - 12,402 12,402 - Commercial real estate and lines of credit 894 262 1,156 48,609 49,765 262 Construction 558 - 558 15,542 16,100 - Home equity 55 - 55 7,354 7,409 - Commercial business - - - 2,576 2,576 - Other consumer - - - 71 71 - $ 2,987 $ 852 $ 3,839 $ 141,297 $ 145,136 $ 666

Note 8 - Deposits

Note 8 - Deposits	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	Note 8 – Deposits Deposits consist of the following classifications (in thousands): March 31, 2016 December 31, 2015 Non-interest bearing checking accounts $ 2,871 $ 2,407 Passbook accounts 1,343 1,185 Savings accounts 3,200 3,275 Money market accounts 26,098 26,571 Certificates of deposit 119,160 115,791 Total deposits $ 152,672 $ 149,229

Note 9 - Borrowings

Note 9 - Borrowings	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	Note 9 – Borrowings Federal Home Loan Bank borrowings consist of the following at March 31, 2015 and December 31, 2015 (in thousands): March 31, 2016 December 31, 2015 Amunt Weighted Interest Rate Amount Weighted Interest Rate Short-term borrowings $ 6,000 0.46 % $ 6,000 0.45 % Fixed rate borrowings maturing: 2016 $ 1,000 0.88 % $ 1,000 0.88 % 2017 2,500 1.15 2,500 1.15 2018 3,000 1.46 3,000 1.46 2019 1,000 2.02 1,000 2.02 Total FHLB long-term debt $ 7,500 1.35 % $ 7,500 1.35 %

Note 10 - Stock Compensation Pl

Note 10 - Stock Compensation Plans	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 10 – 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 222,180 shares of the Company's then outstanding common stock in the open market at an average price of $4.68 (split-adjusted) 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 months March 31, 2016 and 2015 the Company recognized $43,000 and $36,000 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 111,090 shares of the Company's stock in the open market at an average price of $4.68 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 48,750, or 25%, of the shares may be granted as restricted stock awards. As of March 31, 2016, a total of 30,784 awards of restricted stock were unvested under the RRP and Stock Incentive Plan and up to 21,968 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 March 31, 2016 and 2015 and changes during the three months ended March 31, 2016 and 2015 is as follows: March 31, 2016 March 31, 2015 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 30,784 $ 8.10 41,966 $ 8.09 Granted - - - - Vested - - - - Forfeited - - - - Unvested at the end of the period 30,784 $ 8.10 41,966 $ 8.09 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 each of the three months ended March 31, 2016 and 2015, approximately $21,000 in compensation expense was recognized. A tax benefit of approximately $7,000 was recognized during each of these periods. As of March 31, 2016, approximately $178,000 in additional compensation expense will be recognized over the remaining service period of approximately 2.1 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 277,726 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 195,000 shares, of which 48,750 may be restricted stock awards, for a balance of 146,250 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 $5.00 per share (split-adjusted) 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 March 31, 2016, a total of 341,726 grants of stock options were outstanding under the Option Plan and Stock Incentive Plan and 56,276 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 March 31 , 2016 and 2015 and changes during the three months ended March 31 , 2016 and 2015 is as follows: 2016 2015 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 354,266 $ 6.33 4.7 369,140 $ 6.30 5.7 Granted - - - - - - Exercised (12,540 ) 5.00 - - - - Forfeited - - - - - - Outstanding at the end of the period 341,726 $ 6.38 4.4 369,140 $ 6.30 5.2 Exercisable at the end of the period 249,326 $ 5.75 2.1 245,618 $ 5.39 3.1 During each of the three months ended March 31, 2016 and 2015, approximately $11,000 in compensation expense was recognized. A tax benefit of approximately $1,000 was recognized during each of these periods. As of March 31, 2016, approximately $96,000 in additional compensation expense will be recognized over the remaining service period of approximately 2.1 years.

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	Note 11 – Fair Value Measurements and Fair Values 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 U.S. 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 March 31, 2016 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 Governmental National Mortgage Association securities $ 1,938 $ - $ 1,938 $ - Federal Home Loan Mortgage Corporation securities 2,069 - 2,069 - Federal National Mortgage Association securities 988 - 988 - Total investment securities available for sale $ 4,995 $ - $ 4,995 $ - Total recurring fair value measurements $ 4,995 $ - $ 4,995 $ - Nonrecurring fair value measurements Impaired loans $ 1,797 $ - $ - $ 1,797 Other real estate owned 1,384 - - 1,384 Total nonrecurring fair value measurements $ 3,181 $ - $ - $ 3,181 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, 2015 (in thousands): December 31, 2015 Fair Value Measurements Using: Total Fair 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 Governmental National Mortgage Association securities $ 1,990 $ - $ 1,990 $ - Federal Home Loan Mortgage Corporation securities 1,015 - 1,015 - Total investment securities available for sale $ 3,005 $ - $ 3,005 $ - Total recurring fair value measurements $ 3,005 $ - $ 3,005 $ - Nonrecurring fair value measurements Impaired loans $ 1,151 $ - $ - $ 1,151 Other real estate owned 1,410 - - 1,410 Total nonrecurring fair value measurements $ 2,561 $ - $ - $ 2,561 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 March 31, 2016 and December 31, 2015 (in thousands): March 31, 2016 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Rang e (Weighted Average) Impaired loans $ 1,797 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 25% (2%) Other real estate owned $ 1,384 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 29% (4%) December 31, 2015 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,151 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 25% (3%) Other real estate owned $ 1,410 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 29% (5%) (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 March 31, 2016 and December 31, 2015 (in thousands): Fair Value Measurements at March 31, 2016 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 $ 14,044 $ 14,044 $ 14,044 $ - $ - Investment in interest-earning time deposits 6,146 6,208 - - 6,208 Investment securities available for sale 4,995 4,995 - 4,995 - Loans held for sale 2,718 2,830 - 2,830 - Loans receivable, net 150,125 151,787 - - 151,787 Accrued interest receivable 1,025 1,025 1,025 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,660 3,660 3,660 - - Financial Liabilities Deposits 152,672 154,189 33,512 - 120,677 FHLB short-term borrowings 6,000 6,000 6,000 - - FHLB long-term borrowings 7,500 7,541 - - 7,541 Accrued interest payable 122 122 122 - - Fair Value Measurements at December 31, 2015 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 $ 17,206 $ 17,206 $ 17,206 $ - $ - Investment in interest-earning time deposits 6,136 6,206 - - 6,206 Investment securities available for sale 3,005 3,005 - 3,005 - Loans held for sale 5,064 5,244 - 5,244 - Loans receivable, net 143,305 145,134 - - 145,134 Accrued interest receivable 983 983 983 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,638 3,638 3,638 - - Financial Liabilities Deposits 149,229 150,644 33,438 - 117,206 FHLB short-term borrowings 6,000 6,000 6,000 - - FHLB long-term borrowings 7,500 7,479 - - 7,479 Accrued interest payable 123 123 123 - - 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. Interest-Earning Time Deposits. Loans Held for Sale. Loans Receivable, Net. Accrued Interest Receivable. Investment in Federal Home Loan Bank Stock. Bank-Owned Life Insurance. Deposits. Federal Home Loan Bank Borrowings. Accrued Interest Payable. Off-Balance Sheet Financial Instruments.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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, 2015 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 2015 Annual Report on Form 10-K. The results of operations for the three months ended March 31, 2016 are not necessarily indicative of the results that may be expected for the year ending December 31, 2016.
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 re-evaluated quarterly to ensure their relevance in the current economic environment. Residential 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 months ended March 31, 2016 and 2015.
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. The Company has one one-to-four family residential non-owner occupied loan and one multi-family loan for which foreclosure proceedings are in process at March 31, 2016. The total recorded investment is $387,000.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Share-Based Compensation. At March 31, 2016, 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 10. The Company also has an employee stock ownership plan ("ESOP"). This plan is more fully described in Note 10. 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 2014-09, Revenue from Contracts with Customers (a new revenue recognition standard) In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606) In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718). In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606)
Reclassification, Policy [Policy Text Block]	Reclassifications.

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended March 31, 2016 2015 Net Income $ 239,000 $ 209,000 Weighted average shares outstanding – basic 1,754,326 1,703,588 Effect of dilutive common stock equivalents 101,187 148,626 Adjusted weighted average shares outstanding – diluted 1,855,513 1,852,214 Basic earnings per share $ 0.14 $ 0.13 Diluted earnings per share $ 0.12 $ 0.12

Note 4 - Accumulated Other Co22

Note 4 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains on Investment Securities Available for Sale (1) For the Three Months Ended March 31, 2016 2015 Balance at the beginning of the period $ (12 ) $ (36 ) Other comprehensive income before classifications 18 3 Amount reclassified from accumulated other comprehensive income (loss) - - Total other comprehensive income 18 3 Balance at the end of the period $ 6 $ (33 )

Note 5 - Investment in Intere23

Note 5 - Investment in Interest-earning Time Deposits (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block Supplement [Abstract]
Investments in Interest-Earning Time Deposits by Contractual Maturity [Table Text Block]	March 31, 2016 December 31, 2015 (In Thousands) Due in one year or less $ 4,101 $ 3,585 Due after one year through five years 2,045 2,551 $ 6,146 $ 6,136

Note 6 - Investment Securitie24

Note 6 - Investment Securities Available for Sale (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Available-for-sale Securities [Table Text Block]	March 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Governmental National Mortgage Association securities $ 1,933 $ 5 $ - $ 1,938 Federal Home Loan Mortgage Corporation securities 2,064 5 - 2,069 Federal National Mortgage Association securities 989 - (1 ) 988 $ 4,986 $ 10 $ (1 ) $ 4,995 December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale: Governmental National Mortgage Association securities $ 2,003 $ - $ (13 ) $ 1,990 Federal Home Loan Mortgage Corporation securities 1,020 - (5 ) 1,015 $ 3,023 $ - $ (18 ) $ 3,005
Schedule of Unrealized Loss on Investments [Table Text Block]	March 31, 2016 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Federal National Mortgage Association securities 1 $ 988 $ (1 ) $ - $ - $ 988 $ (1 ) December 31, 2015 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Governmental National Mortgage Association securities 2 $ 1,990 $ (13 ) $ - $ - $ 1,990 $ (13 ) Federal Home Loan Mortgage Corporation securities 1 1,015 (5 ) - - 1,015 (5 ) Total 3 $ 3,005 $ (18 ) $ - $ - $ 3,005 $ (18 )

Note 7 - Loans Receivable, Ne25

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2016 December 31, 2015 (In Thousands) Real estate loans: One-to-four family residential: Owner occupied $ 6,326 $ 5,777 Non-owner occupied 51,392 51,036 Total one-to-four family residential 57,718 56,813 Multi-family (five or more) residential 12,523 12,402 Commercial real estate 53,000 47,550 Commercial lines of credit 2,196 2,215 Construction 15,688 16,100 Home equity loans 7,411 7,409 Total real estate loans 148,536 142,489 Commercial business 3,446 2,576 Other consumer 73 71 Total Loans 152,055 145,136 Deferred loan fees and costs (572 ) (518 ) Allowance for loan losses (1,358 ) (1,313 ) Net Loans $ 150,125 $ 143,305
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2016 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,326 $ - $ - $ - $ 6,326 One-to-four family residential non-owner occupied 50,152 - 1,240 - 51,392 Multi-family residential 12,523 - - - 12,523 Commercial real estate and lines of credit 53,753 - 1,443 - 55,196 Construction 14,003 - 1,685 - 15,688 Home equity 7,411 - -- - 7,411 Commercial business 3,446 - -- - 3,446 Other consumer 73 - -- - 73 $ 147,687 $ - $ 4,368 $ - $ 152,055 December 31, 2015 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,777 $ - $ - $ - $ 5,777 One-to-four family residential non-owner occupied 49,457 331 1,248 - 51,036 Multi-family residential 12,402 - - - 12,402 Commercial real estate and lines of credit 48,185 262 1,318 - 49,765 Construction 14,621 - 1,479 - 16,100 Home equity 7,409 - - - 7,409 Commercial business 2,576 - - - 2,576 Other consumer 71 - - - 71 $ 140,498 $ 593 $ 4,045 $ - $ 145,136
Impaired Financing Receivables [Table Text Block]	March 31, 2016 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1,161 1,169 - 1,191 15 Multi-family residential - - - - - Commercial real estate and lines of credit 262 262 - 262 - Construction - - - - - Home equity 83 83 - 84 2 Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 197 197 28 197 4 Multi-family residential - - - - - Commercial real estate and lines of credit 133 133 11 133 2 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1,358 1,366 28 1,388 19 Multi-family residential - - - - - Commercial real estate and lines of credit 395 395 11 395 2 Construction - - - - - Home equity 83 83 - 84 2 Commercial business - - - - - Other consumer - - - - - Total $ 1,836 $ 1,844 $ 39 $ 1,867 $ 23 December 31, 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 $ - $ - $ - $ 828 $ 15 One-to-four family residential non-owner occupied 653 659 - 1,464 62 Multi-family residential - - - 66 5 Commercial real estate and lines of credit - - - 1,085 77 Construction - - - - - Home equity 84 84 - 87 7 Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 321 321 33 556 22 Multi-family residential - - - - - Commercial real estate and lines of credit 133 133 7 332 9 Construction - - - - - Home equity - - - 45 4 Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ - $ - $ - $ 828 $ 15 One-to-four family residential non-owner occupied 974 980 33 2,020 84 Multi-family residential - - - 66 5 Commercial real estate and lines of credit 133 133 7 1,417 86 Construction - - - - - Home equity 84 84 - 132 11 Commercial business - - - - - Other consumer - - - - - Total $ 1,191 $ 1,197 $ 40 $ 4,463 $ 201
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	March 31, 2016 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 5 560 - 560 25 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 11 Construction - - - - - Home equity 3 83 - 83 - Commercial business - - - - - Other consumer - - - - - Total 9 $ 776 $ - $ 776 $ 36 December 31, 2015 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 5 564 - 564 25 Multi-family residential - - - - - Commercial real estate and lines of credit 1 133 - 133 7 Construction - - - - - Home equity 3 84 - 84 - Commercial business - - - - - Other consumer - - - - - Total 9 $ 781 $ - $ 781 $ 32
Contractual Aging of Troubled Debt Restructurings [Table Text Block]	March 31, 2016 Accruing 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 560 - - - 560 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 83 - - - 83 Commercial business - - - - - Other consumer - - - - - Total $ 776 $ - $ - $ - $ 776 December 31, 2015 Accruing 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 564 - - - 564 Multi-family residential - - - - - Commercial real estate and lines of credit 133 - - - 133 Construction - - - - - Home equity 84 - - - 84 Commercial business - - - - - Other consumer - - - - - Total $ 781 $ - $ - $ - $ 781
Schedule of Credit Losses for Financing Receivables, Current [Table Text Block]	March 31, 2016 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 $ 55 $ 486 $ 81 $ 389 $ 153 $ 50 $ 18 $ 81 $ 1,313 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (4 ) 26 (25 ) 36 (4 ) 2 14 - 45 Ending balance $ 51 $ 512 $ 56 $ 425 $ 149 $ 52 $ 32 $ 81 $ 1,358 Ending balance evaluated for impairment: Individually $ - $ 28 $ - $ 11 $ - $ - $ - $ - $ 39 Collectively $ 51 $ 484 $ 56 $ 414 $ 149 $ 52 $ 32 $ 81 $ 1,319 Loans receivable: Ending balance: $ 6,326 $ 51,392 $ 12,523 $ 55,196 $ 15,688 $ 7,411 $ 3,519 $ - $ 152,055 Ending balance evaluated for impairment: Individually $ - $ 1,358 $ - $ 395 $ - $ 83 $ - $ - $ 1,836 Collectively $ 6,326 $ 50,034 $ 12,523 $ 54,801 $ 15,688 $ 7,328 $ 3,519 $ - $ 150,219 March 31, 2015 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 $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Charge-offs - (51 ) - - - - - - (51 ) Recoveries - - - - - - - - - Provision (11 ) 45 3 29 38 (2 ) 8 (22 ) 88 Ending balance $ 64 $ 412 $ 63 $ 353 $ 160 $ 44 $ 15 $ 74 $ 1,185 Ending balance evaluated for impairment: Individually $ - $ 13 $ - $ 29 $ - $ 8 $ - $ - $ 50 Collectively $ 64 $ 399 $ 63 $ 324 $ 160 $ 36 $ 15 $ 74 $ 1,135 December 31, 2015 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 $ 75 $ 418 $ 60 $ 324 $ 122 $ 46 $ 7 $ 96 $ 1,148 Charge-offs - (110 ) - (21 ) - (45 ) - - (176 ) Recoveries - - - 21 - - - - 21 Provision (20 ) 178 21 65 31 49 11 (15 ) 320 Ending balance $ 55 $ 486 $ 81 $ 389 $ 153 $ 50 $ 18 $ 81 $ 1,313 Ending balance evaluated for impairment Individually $ - $ 33 $ - $ 7 $ -- $ - $ - $ - $ 40 Collectively $ 55 $ 453 $ 81 $ 382 $ 153 $ 50 $ 18 $ 81 $ 1,273 Loans receivable: Ending balance $ 5,777 $ 51,036 $ 12,402 $ 49,765 $ 16,100 $ 7,409 $ 2,647 $ - $ 145,136 Ending balance evaluated for impairment Individually $ - $ 974 $ - $ 133 $ - $ 84 $ - $ - $ 1,191 Collectively $ 5,777 $ 50,062 $ 12,402 $ 49,632 $ 16,100 $ 7,325 $ 2,647 $ - $ 143,945
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	March 31, 2016 December 31, 2015 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied 697 186 Multi-family residential - - Commercial real estate and lines of credit 262 - Construction - - Home equity - - Commercial business - - Other consumer - - $ 959 $ 186
Past Due Financing Receivables [Table Text Block]	March 31, 2016 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 $ 451 $ - $ 451 $ 5,875 $ 6,326 $ - One-to-four family residential non-owner occupied 76 1,155 1,231 50,161 51,392 458 Multi-family residential - - - 12,523 12,523 - Commercial real estate and lines of credit 435 714 1,149 54,047 55,196 452 Construction 1,585 71 1,656 14,032 15,688 71 Home equity 625 - 625 6,786 7,411 - Commercial business - - - 3,446 3,446 - Other consumer - - - 73 73 - $ 3,172 $ 1,940 $ 5,112 $ 146,943 $ 152,055 $ 981 December 31, 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 $ 253 $ - $ 253 $ 5,524 $ 5,777 $ - One-to-four family residential non-owner occupied 1,227 590 1,817 49,219 51,036 404 Multi-family residential - - - 12,402 12,402 - Commercial real estate and lines of credit 894 262 1,156 48,609 49,765 262 Construction 558 - 558 15,542 16,100 - Home equity 55 - 55 7,354 7,409 - Commercial business - - - 2,576 2,576 - Other consumer - - - 71 71 - $ 2,987 $ 852 $ 3,839 $ 141,297 $ 145,136 $ 666

Note 8 - Deposits (Tables)

Note 8 - Deposits (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Summary of Deposits [Table Text Block]	March 31, 2016 December 31, 2015 Non-interest bearing checking accounts $ 2,871 $ 2,407 Passbook accounts 1,343 1,185 Savings accounts 3,200 3,275 Money market accounts 26,098 26,571 Certificates of deposit 119,160 115,791 Total deposits $ 152,672 $ 149,229

Note 9 - Borrowings (Tables)

Note 9 - Borrowings (Tables)	3 Months Ended
	Mar. 31, 2016
Federal Home Loan Bank Advances [Member]
Note 9 - Borrowings (Tables) [Line Items]
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, 2016 December 31, 2015 Amunt Weighted Interest Rate Amount Weighted Interest Rate Short-term borrowings $ 6,000 0.46 % $ 6,000 0.45 % Fixed rate borrowings maturing: 2016 $ 1,000 0.88 % $ 1,000 0.88 % 2017 2,500 1.15 2,500 1.15 2018 3,000 1.46 3,000 1.46 2019 1,000 2.02 1,000 2.02 Total FHLB long-term debt $ 7,500 1.35 % $ 7,500 1.35 %

Note 10 - Stock Compensation 28

Note 10 - Stock Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Activity [Table Text Block]	March 31, 2016 March 31, 2015 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 30,784 $ 8.10 41,966 $ 8.09 Granted - - - - Vested - - - - Forfeited - - - - Unvested at the end of the period 30,784 $ 8.10 41,966 $ 8.09
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	2016 2015 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 354,266 $ 6.33 4.7 369,140 $ 6.30 5.7 Granted - - - - - - Exercised (12,540 ) 5.00 - - - - Forfeited - - - - - - Outstanding at the end of the period 341,726 $ 6.38 4.4 369,140 $ 6.30 5.2 Exercisable at the end of the period 249,326 $ 5.75 2.1 245,618 $ 5.39 3.1

Note 11 - Fair Value Measurem29

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	March 31, 2016 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 Governmental National Mortgage Association securities $ 1,938 $ - $ 1,938 $ - Federal Home Loan Mortgage Corporation securities 2,069 - 2,069 - Federal National Mortgage Association securities 988 - 988 - Total investment securities available for sale $ 4,995 $ - $ 4,995 $ - Total recurring fair value measurements $ 4,995 $ - $ 4,995 $ - Nonrecurring fair value measurements Impaired loans $ 1,797 $ - $ - $ 1,797 Other real estate owned 1,384 - - 1,384 Total nonrecurring fair value measurements $ 3,181 $ - $ - $ 3,181 December 31, 2015 Fair Value Measurements Using: Total Fair 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 Governmental National Mortgage Association securities $ 1,990 $ - $ 1,990 $ - Federal Home Loan Mortgage Corporation securities 1,015 - 1,015 - Total investment securities available for sale $ 3,005 $ - $ 3,005 $ - Total recurring fair value measurements $ 3,005 $ - $ 3,005 $ - Nonrecurring fair value measurements Impaired loans $ 1,151 $ - $ - $ 1,151 Other real estate owned 1,410 - - 1,410 Total nonrecurring fair value measurements $ 2,561 $ - $ - $ 2,561
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	March 31, 2016 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Rang e (Weighted Average) Impaired loans $ 1,797 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 25% (2%) Other real estate owned $ 1,384 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 29% (4%) December 31, 2015 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,151 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 25% (3%) Other real estate owned $ 1,410 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 29% (5%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at March 31, 2016 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 $ 14,044 $ 14,044 $ 14,044 $ - $ - Investment in interest-earning time deposits 6,146 6,208 - - 6,208 Investment securities available for sale 4,995 4,995 - 4,995 - Loans held for sale 2,718 2,830 - 2,830 - Loans receivable, net 150,125 151,787 - - 151,787 Accrued interest receivable 1,025 1,025 1,025 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,660 3,660 3,660 - - Financial Liabilities Deposits 152,672 154,189 33,512 - 120,677 FHLB short-term borrowings 6,000 6,000 6,000 - - FHLB long-term borrowings 7,500 7,541 - - 7,541 Accrued interest payable 122 122 122 - - Fair Value Measurements at December 31, 2015 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 $ 17,206 $ 17,206 $ 17,206 $ - $ - Investment in interest-earning time deposits 6,136 6,206 - - 6,206 Investment securities available for sale 3,005 3,005 - 3,005 - Loans held for sale 5,064 5,244 - 5,244 - Loans receivable, net 143,305 145,134 - - 145,134 Accrued interest receivable 983 983 983 - - Investment in FHLB stock 618 618 618 - - Bank-owned life insurance 3,638 3,638 3,638 - - Financial Liabilities Deposits 149,229 150,644 33,438 - 117,206 FHLB short-term borrowings 6,000 6,000 6,000 - - FHLB long-term borrowings 7,500 7,479 - - 7,479 Accrued interest payable 123 123 123 - -

Note 1 - Financial Statement 30

Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details) [Line Items]
Number of Wholly-Owned Subsidiaries	5
Number of Subsidiary Branch Offices	2
Past Due Period of Principal or Interest Payment	90 days
Threshold for Loans to be Evaluated Annually, Minimum (in Dollars)	$ 500,000
Asset Impairment Charges (in Dollars)	0	$ 0
Mortgage Loans in Process of Foreclosure, Amount (in Dollars)	$ 387,000
Number of Share-Based Plans	3
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details) [Line Items]
Number of Mortgage Loans in Foreclosure Proceedings	1
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details) [Line Items]
Number of Mortgage Loans in Foreclosure Proceedings	1

Note 2 - Stock Split (Details)

Note 2 - Stock Split (Details)	Aug. 13, 2015
Stockholders' Equity Note [Abstract]
Common Stock, Dividend Rate, Percentage	100.00%

Note 3 - Earnings Per Share (De

Note 3 - Earnings Per Share (Details) - Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations [Abstract]
Net Income (in Dollars)	$ 239,000	$ 209,000
Weighted average shares outstanding – basic	1,754,326	1,703,588
Effect of dilutive common stock equivalents	101,187	148,626
Adjusted weighted average shares outstanding – diluted	1,855,513	1,852,214
Basic earnings per share (in Dollars per share)	$ 0.14	$ 0.13
Diluted earnings per share (in Dollars per share)	$ 0.12	$ 0.12

Note 4 - Accumulated Other Co33

Note 4 - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Disclosure Text Block [Abstract]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	$ 0	$ 0

Note 4 - Accumulated Other Co34

Note 4 - Accumulated Other Comprehensive Income (Loss) (Details) - Changes in Accumulated Other Comprehensive Loss - USD ($)		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of the period		$ (12,000)
Amount reclassified from accumulated other comprehensive income (loss)		0	$ 0
Balance at the end of the period		6,000
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at the beginning of the period	[1]	(12,000)	(36,000)
Other comprehensive income before classifications	[1]	18,000	3,000
Amount reclassified from accumulated other comprehensive income (loss)	[1]	0	0
Total other comprehensive income	[1]	18,000	3,000
Balance at the end of the period	[1]	$ 6,000	$ (33,000)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Note 5 - Investment in Intere35

Note 5 - Investment in Interest-earning Time Deposits (Details) - Investment in Interest-earning Time Deposits - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment in Interest-earning Time Deposits [Abstract]
Due in one year or less	$ 4,101	$ 3,585
Due after one year through five years	2,045	2,551
	$ 6,146	$ 6,136

Note 6 - Investment Securitie36

Note 6 - Investment Securities Available for Sale (Details)	3 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	1		3
Percentage of Aggregate Depreciation Held by Debt Securities	0.17%
Other than Temporary Impairment Losses, Investments	$ 0
Asset Impairment Charges	$ 0	$ 0

Note 6 - Investment Securitie37

Note 6 - Investment Securities Available for Sale (Details) - Amortized Cost and Fair Value of Investment Securities Available for Sale - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available for Sale:
Amortized cost	$ 4,986	$ 3,023
Gross unrealized gains	10	0
Gross unrealied losses	(1)	(18)
Fair value	4,995	3,005
Government National Mortgage Association (GNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available for Sale:
Amortized cost	1,933	2,003
Gross unrealized gains	5	0
Gross unrealied losses	0	(13)
Fair value	1,938	1,990
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available for Sale:
Amortized cost	2,064	1,020
Gross unrealized gains	5	0
Gross unrealied losses	0	(5)
Fair value	2,069	$ 1,015
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available for Sale:
Amortized cost	989
Gross unrealized gains	0
Gross unrealied losses	(1)
Fair value	$ 988

Note 6 - Investment Securitie38

Note 6 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value $ in Thousands	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Note 6 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities	1	3
Fair value, less than twelve months		$ 3,005
Gross unrealized losses, less than twelve months		(18)
Fair value, twelve months or greater		0
Gross unrealized losses, twelve months or greater		0
Fair value		3,005
Gross unrealized losses		$ (18)
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 6 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities	1
Fair value, less than twelve months	$ 988
Gross unrealized losses, less than twelve months	(1)
Fair value, twelve months or greater	0
Gross unrealized losses, twelve months or greater	0
Fair value	988
Gross unrealized losses	$ (1)
Government National Mortgage Association (GNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 6 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities		2
Fair value, less than twelve months		$ 1,990
Gross unrealized losses, less than twelve months		(13)
Fair value, twelve months or greater		0
Gross unrealized losses, twelve months or greater		0
Fair value		1,990
Gross unrealized losses		$ (13)
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 6 - Investment Securities Available for Sale (Details) - Gross Unrealized Losses and Fair Value [Line Items]
Number of securities		1
Fair value, less than twelve months		$ 1,015
Gross unrealized losses, less than twelve months		(5)
Fair value, twelve months or greater		0
Gross unrealized losses, twelve months or greater		0
Fair value		1,015
Gross unrealized losses		$ (5)

Note 7 - Loans Receivable, Ne39

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	0
Financing Receivable, Modifications, Recorded Investment	$ 776,000		$ 781,000
Financing Receivable Modifications Removal from Trouble Debt Restructuring Status	6 months
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0
Loans and Leases Receivable, Gross	$ 152,055,000		145,136,000
Impaired Financing Receivable, Interest Income, Cash Basis Method	0	$ 0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 30,000		$ 32,000
Performing Financial Instruments [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Number of Contracts	9		9
Financing Receivable, Modifications, Recorded Investment	$ 776,000		$ 781,000
Nonperforming Financial Instruments [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 1,900,000		$ 852,000

Note 7 - Loans Receivable, Ne40

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Composition of Net Loans Receivable - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
One-to-four family residential:
Loans	$ 152,055	$ 145,136
Deferred loan fees and costs	(572)	(518)
Allowance for loan losses	(1,358)	(1,313)	$ (1,185)	$ (1,148)
Net Loans	150,125	143,305
Real Estate Portfolio Segment [Member]
One-to-four family residential:
Loans	148,536	142,489
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
One-to-four family residential:
Loans	6,326	5,777
Allowance for loan losses	(51)	(55)	(64)	(75)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
One-to-four family residential:
Loans	51,392	51,036
Allowance for loan losses	(512)	(486)	(412)	(418)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Loans [Member]
One-to-four family residential:
Loans	57,718	56,813
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
One-to-four family residential:
Loans	12,523	12,402
Allowance for loan losses	(56)	(81)	(63)	(60)
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
One-to-four family residential:
Loans	53,000	47,550
Real Estate Portfolio Segment [Member] | Commercial Lines of Credit [Member]
One-to-four family residential:
Loans	2,196	2,215
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
One-to-four family residential:
Loans	15,688	16,100
Allowance for loan losses	(149)	(153)	(160)	(122)
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
One-to-four family residential:
Loans	7,411	7,409
Allowance for loan losses	(52)	(50)	$ (44)	$ (46)
Commercial Portfolio Segment [Member]
One-to-four family residential:
Loans	3,446	2,576
Consumer Portfolio Segment [Member]
One-to-four family residential:
Loans	$ 73	$ 71

Note 7 - Loans Receivable, Ne41

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Loan Portfolio by Credit Rating - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 152,055	$ 145,136
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	147,687	140,498
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		593
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,368	4,045
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	148,536	142,489
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,326	5,777
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,326	5,777
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	51,392	51,036
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	50,152	49,457
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		331
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,240	1,248
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,523	12,402
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	12,523	12,402
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	55,196	49,765
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	53,753	48,185
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		262
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,443	1,318
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	15,688	16,100
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	14,003	14,621
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,685	1,479
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7,411	7,409
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	7,411	7,409
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,446	2,576
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,446	2,576
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	3,446	2,576
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	73	71
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	73	71
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 73	$ 71

Note 7 - Loans Receivable, Ne42

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Impaired Loans by Loan Portfolio Class - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
With an allowance recorded:
Related allowance	$ 39	$ 40
Total:
Recorded investment	1,836	1,191
Unpaid principal balance	1,844	1,197
Related allowance	39	40
Average recorded investment	1,867	4,463
Interest income recognized	23	201
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	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	828
Interest income recognized, with no related allowance recorded	0	15
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	0
Interest income recognized, with an allowance recorded	0	0
Total:
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	828
Interest income recognized	0	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	1,161	653
Unpaid principal balance, with no related allowance recorded	1,169	659
Average recorded investment, with no related allowance recorded	1,191	1,464
Interest income recognized, with no related allowance recorded	15	62
With an allowance recorded:
Recorded investment, with an allowance recorded	197	321
Unpaid principal balance, with an allowance recorded	197	321
Related allowance	28	33
Average recorded investment, with an allowance recorded	197	556
Interest income recognized, with an allowance recorded	4	22
Total:
Recorded investment	1,358	974
Unpaid principal balance	1,366	980
Related allowance	28	33
Average recorded investment	1,388	2,020
Interest income recognized	19	84
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	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	66
Interest income recognized, with no related allowance recorded	0	5
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	0
Interest income recognized, with an allowance recorded	0	0
Total:
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	66
Interest income recognized	0	5
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	262	0
Unpaid principal balance, with no related allowance recorded	262	0
Average recorded investment, with no related allowance recorded	262	1,085
Interest income recognized, with no related allowance recorded	0	77
With an allowance recorded:
Recorded investment, with an allowance recorded	133	133
Unpaid principal balance, with an allowance recorded	133	133
Related allowance	11	7
Average recorded investment, with an allowance recorded	133	332
Interest income recognized, with an allowance recorded	2	9
Total:
Recorded investment	395	133
Unpaid principal balance	395	133
Related allowance	11	7
Average recorded investment	395	1,417
Interest income recognized	2	86
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	0
Interest income recognized, with no related allowance recorded	0	0
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	0
Interest income recognized, with an allowance recorded	0	0
Total:
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	83	84
Unpaid principal balance, with no related allowance recorded	83	84
Average recorded investment, with no related allowance recorded	84	87
Interest income recognized, with no related allowance recorded	2	7
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	45
Interest income recognized, with an allowance recorded	0	4
Total:
Recorded investment	83	84
Unpaid principal balance	83	84
Related allowance	0	0
Average recorded investment	84	132
Interest income recognized	2	11
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	0
Interest income recognized, with no related allowance recorded	0	0
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	0
Interest income recognized, with an allowance recorded	0	0
Total:
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	0
Interest income recognized	0	0
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member]
With no related allowance recorded:
Recorded investment, with no related allowance recorded	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	0
Interest income recognized, with no related allowance recorded	0	0
With an allowance recorded:
Recorded investment, with an allowance recorded	0	0
Unpaid principal balance, with an allowance recorded	0	0
Related allowance	0	0
Average recorded investment, with an allowance recorded	0	0
Interest income recognized, with an allowance recorded	0	0
Total:
Recorded investment	0	0
Unpaid principal balance	0	0
Related allowance	0	0
Average recorded investment	0	0
Interest income recognized	$ 0	$ 0

Note 7 - Loans Receivable, Ne43

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Troubled Debt Restructuring Loans $ in Thousands	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, number of contracts	9	9
Troubled debt restructuring, recorded investment	$ 776	$ 781
Troubled debt restructuring, related allowance	36	32
Accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	776	781
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 0	$ 0
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	5	5
Troubled debt restructuring, recorded investment	$ 560	$ 564
Troubled debt restructuring, related allowance	25	25
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	560	564
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 0	$ 0
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	$ 133
Troubled debt restructuring, related allowance	11	7
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member] | Accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	133	133
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 0	$ 0
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	$ 83	$ 84
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Accruing Instrument [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	83	84
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	0	0
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring, recorded investment	$ 0	$ 0

Note 7 - Loans Receivable, Ne44

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Contractual Aging of the TDRs - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 7 - 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	$ 776	$ 781
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	776	781
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Note 7 - 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	0	0
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Note 7 - 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	560	564
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	560	564
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Note 7 - 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	0	0
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Note 7 - 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	133
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	133	133
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Note 7 - 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	0	0
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Note 7 - 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	83	84
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	83	84
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member]
Note 7 - 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	0	0
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	0	0
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member]
Note 7 - 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	0	0
Troubled debt restructurings, past due 30-89 days	0	0
Greater than 90 Days	0	0
Troubled debt restructurings, non-accrual	0	0
Troubled debt restructurings	$ 0	$ 0

Note 7 - Loans Receivable, Ne45

Note 7 - 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		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Allowance for loan losses:
Allowance for loan losses, beginning balance	$ 1,313	$ 1,148	$ 1,148
Allowance for loan losses, ending balance	1,358	1,185	1,313
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	39	50	40
Allowance for loan losses, collectively evaluated for impairment	1,319	1,135	1,273
Loans receivable:
Loans receivable	152,055		145,136
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	1,836		1,191
Loans receivable, collectively evaluated for impairment	150,219		143,945
Allowance for loan losses:
Charge-offs	0	(51)	(176)
Recoveries	0	0	21
Provision	45	88	320
Real Estate Portfolio Segment [Member]
Loans receivable:
Loans receivable	148,536		142,489
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	55	75	75
Allowance for loan losses, ending balance	51	64	55
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	0	0
Allowance for loan losses, collectively evaluated for impairment	51	64	55
Loans receivable:
Loans receivable	6,326		5,777
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	6,326		5,777
Allowance for loan losses:
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(4)	(11)	(20)
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	486	418	418
Allowance for loan losses, ending balance	512	412	486
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	28	13	33
Allowance for loan losses, collectively evaluated for impairment	484	399	453
Loans receivable:
Loans receivable	51,392		51,036
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	1,358		974
Loans receivable, collectively evaluated for impairment	50,034		50,062
Allowance for loan losses:
Charge-offs	0	(51)	(110)
Recoveries	0	0	0
Provision	26	45	178
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	81	60	60
Allowance for loan losses, ending balance	56	63	81
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	0	0
Allowance for loan losses, collectively evaluated for impairment	56	63	81
Loans receivable:
Loans receivable	12,523		12,402
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	12,523		12,402
Allowance for loan losses:
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(25)	3	21
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	389	324	324
Allowance for loan losses, ending balance	425	353	389
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	11	29	7
Allowance for loan losses, collectively evaluated for impairment	414	324	382
Loans receivable:
Loans receivable	55,196		49,765
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	395		133
Loans receivable, collectively evaluated for impairment	54,801		49,632
Allowance for loan losses:
Charge-offs	0	0	(21)
Recoveries	0	0	21
Provision	36	29	65
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	153	122	122
Allowance for loan losses, ending balance	149	160	153
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	0	0
Allowance for loan losses, collectively evaluated for impairment	149	160	153
Loans receivable:
Loans receivable	15,688		16,100
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	15,688		16,100
Allowance for loan losses:
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	(4)	38	31
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	50	46	46
Allowance for loan losses, ending balance	52	44	50
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	8	0
Allowance for loan losses, collectively evaluated for impairment	52	36	50
Loans receivable:
Loans receivable	7,411		7,409
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	83		84
Loans receivable, collectively evaluated for impairment	7,328		7,325
Allowance for loan losses:
Charge-offs	0	0	(45)
Recoveries	0	0	0
Provision	2	(2)	49
Commercial and Consumer Portfolio Segments [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	18	7	7
Allowance for loan losses, ending balance	32	15	18
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	0	0
Allowance for loan losses, collectively evaluated for impairment	32	15	18
Loans receivable:
Loans receivable	3,519		2,647
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	3,519		2,647
Allowance for loan losses:
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	14	8	11
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Allowance for loan losses, beginning balance	81	96	96
Allowance for loan losses, ending balance	81	74	81
Ending balance evaluated for impairment:
Allowance for loan losses, individually evaluated for impairment	0	0	0
Allowance for loan losses, collectively evaluated for impairment	81	74	81
Loans receivable:
Loans receivable	0		0
Ending balance evaluated for impairment:
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	0		0
Allowance for loan losses:
Charge-offs	0	0	0
Recoveries	0	0	0
Provision	$ 0	$ (22)	$ (15)

Note 7 - Loans Receivable, Ne46

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	$ 959	$ 186
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	697	186
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	262	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	0	0
Commercial Portfolio Segment [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	0	0
Consumer Portfolio Segment [Member]
Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Non-accrual Loans by Class of Loans [Line Items]
Non-accrual loans	$ 0	$ 0

Note 7 - Loans Receivable, Ne47

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details) - Loan Portfolio Summarized by Past Due Status - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	$ 5,112	$ 3,839
Loans, current	146,943	141,297
Loans	152,055	145,136
Loans > 90 days and accruing	981	666
30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	3,172	2,987
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,940	852
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	148,536	142,489
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	451	253
Loans, current	5,875	5,524
Loans	6,326	5,777
Loans > 90 days and accruing	0	0
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	451	253
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	0	0
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	1,231	1,817
Loans, current	50,161	49,219
Loans	51,392	51,036
Loans > 90 days and accruing	458	404
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	76	1,227
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	1,155	590
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Loans, current	12,523	12,402
Loans	12,523	12,402
Loans > 90 days and accruing	0	0
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	0	0
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	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,149	1,156
Loans, current	54,047	48,609
Loans	55,196	49,765
Loans > 90 days and accruing	452	262
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	435	894
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	714	262
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	1,656	558
Loans, current	14,032	15,542
Loans	15,688	16,100
Loans > 90 days and accruing	71	0
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	1,585	558
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	71	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	625	55
Loans, current	6,786	7,354
Loans	7,411	7,409
Loans > 90 days and accruing	0	0
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	625	55
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	0	0
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	3,446	2,576
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Loans, current	3,446	2,576
Loans	3,446	2,576
Loans > 90 days and accruing	0	0
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Commercial Portfolio Segment [Member] | Commercial Business Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans	73	71
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Loans, current	73	71
Loans	73	71
Loans > 90 days and accruing	0	0
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | 30 to 89 Days Delinquent [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	0	0
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, past due	$ 0	$ 0

Note 8 - Deposits (Details) - S

Note 8 - Deposits (Details) - Summary of Deposits - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Note 8 - Deposits (Details) - Summary of Deposits [Line Items]
Non-interest bearing checking accounts	$ 2,871	$ 2,407
Money market accounts	26,098	26,571
Certificates of deposit	119,160	115,791
Total deposits	152,672	149,229
Passbook Accounts [Member]
Note 8 - Deposits (Details) - Summary of Deposits [Line Items]
Interest bearing deposits, savings	1,343	1,185
Savings Accounts [Member]
Note 8 - Deposits (Details) - Summary of Deposits [Line Items]
Interest bearing deposits, savings	$ 3,200	$ 3,275

Note 9 - Borrowings (Details) -

Note 9 - Borrowings (Details) - Federal Home Loan Bank Long-term Borrowings - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Federal Home Loan Bank Long-term Borrowings [Abstract]
Short-term borrowings	$ 6,000	$ 6,000
Short-term borrowings	0.46%	0.45%
Fixed rate borrowings maturing:
2,016	$ 1,000	$ 1,000
2,016	0.88%	0.88%
2,017	$ 2,500	$ 2,500
2,017	1.15%	1.15%
2,018	$ 3,000	$ 3,000
2,018	1.46%	1.46%
2,019	$ 1,000	$ 1,000
2,019	2.02%	2.02%
Total FHLB long-term debt	$ 7,500	$ 7,500
Total FHLB long-term debt	1.35%	1.35%

Note 10 - Stock Compensation 50

Note 10 - Stock Compensation Plans (Details) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	May. 31, 2013	May. 31, 2008	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2007	Dec. 31, 2015	Dec. 31, 2014
Note 10 - Stock Compensation Plans (Details) [Line Items]
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 43,000	$ 36,000
Employee Stock Ownership Plan [Member]
Note 10 - 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)					222,180
Employee Stock Ownership Plan (ESOP), Weighted Average Purchase Price of Shares Purchased (in Dollars per share)					$ 4.68
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 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Purchased for Award (in Shares)		111,090
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased (in Dollars per share)		$ 4.68
Employee Service Share-based Compensation, Cash Flow Effect, Cash Used to Settle Awards		$ 520,000
The 2013 Stock Incentive Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	195,000
Restricted Stock [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares)			30,784	41,966		30,784	41,966
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years 36 days
Allocated Share-based Compensation Expense, Net of Tax			$ 21,000
Allocated Share-based Compensation Expense				$ 21,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			7,000	$ 7,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options			$ 178,000
Restricted Stock [Member] | The 2008 Recognition and Retention Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			0
Restricted Stock [Member] | The 2013 Stock Incentive Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	48,750
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)			21,968
Restricted Stock [Member] | The RRP and Stock Incentive Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number (in Shares)			30,784
Employee Stock Option [Member]
Note 10 - 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 36 days
Allocated Share-based Compensation Expense, Net of Tax			$ 11,000	$ 11,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense			$ 1,000	$ 1,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)			$ 5	$ 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			$ 96,000
Employee Stock Option [Member] | The 2013 Stock Incentive Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)	146,250
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)			56,276
Employee Stock Option [Member] | The 2008 Stock Option Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)			0
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in Shares)		277,726
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)		$ 5
Employee Stock Option [Member] | The Option Plan and Stock Incentive Plan [Member]
Note 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)			341,726
Minimum [Member] | Restricted Stock [Member]
Note 10 - 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 RRP and Stock Incentive Plan [Member]
Note 10 - 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 10 - 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 10 - 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 RRP and Stock Incentive Plan [Member]
Note 10 - 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 10 - Stock Compensation Plans (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			7 years

Note 10 - Stock Compensation 51

Note 10 - Stock Compensation Plans (Details) - Status of Shares under the RRP and Stock Incentive Plan - Restricted Stock [Member] - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Note 10 - Stock Compensation Plans (Details) - Status of Shares under the RRP and Stock Incentive Plan [Line Items]
Unvested at the beginning of the period	30,784	41,966
Unvested at the beginning of the period	$ 8.10	$ 8.09
Granted	0	0
Granted	$ 0	$ 0
Vested	0	0
Vested	$ 0	$ 0
Forfeited	0	0
Forfeited	$ 0	$ 0
Unvested at the end of the period	30,784	41,966
Unvested at the end of the period	$ 8.10	$ 8.09

Note 10 - Stock Compensation 52

Note 10 - Stock Compensation Plans (Details) - Summary of Option Activity - Employee Stock Option [Member] - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Note 10 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Granted	0	0
Granted	$ 0	$ 0
Exercised	(12,540)	0
Exercised	$ 5	$ 0
Forfeited	0	0
Forfeited	$ 0	$ 0
Exercisable at the end of the period	249,326	245,618
Exercisable at the end of the period	$ 5.75	$ 5.39
Exercisable at the end of the period	2 years 36 days	3 years 36 days
Beginning of Year [Member]
Note 10 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Outstanding at the beginning of the year	354,266	369,140
Outstanding at the beginning of the year	$ 6.33	$ 6.30
Outstanding at the beginning of the year	4 years 255 days	5 years 255 days
Outstanding at the end of the period	354,266	369,140
Outstanding at the end of the period	$ 6.33	$ 6.30
Outstanding at the end of the period	4 years 255 days	5 years 255 days
End of Year [Member]
Note 10 - Stock Compensation Plans (Details) - Summary of Option Activity [Line Items]
Outstanding at the beginning of the year	341,726	369,140
Outstanding at the beginning of the year	$ 6.38	$ 6.30
Outstanding at the beginning of the year	4 years 146 days	5 years 73 days
Outstanding at the end of the period	341,726	369,140
Outstanding at the end of the period	$ 6.38	$ 6.30
Outstanding at the end of the period	4 years 146 days	5 years 73 days

Note 11 - Fair Value Measurem53

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Financial Assets and Liabilities on a Recurring and Nonrecurring Basis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities available for sale
Total investment securities available for sale	$ 4,995	$ 3,005
Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total recurring fair value measurements	4,995	3,005
Fair Value, Measurements, Nonrecurring [Member]
Investment securities available for sale
Impaired loans	1,797	1,151
Other real estate owned	1,384	1,410
Total nonrecurring fair value measurements	3,181	2,561
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	4,995	3,005
Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale
Total investment securities available for sale	4,995	3,005
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total recurring fair value measurements	4,995	3,005
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	4,995	3,005
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Investment securities available for sale
Impaired loans	1,797	1,151
Other real estate owned	1,384	1,410
Total nonrecurring fair value measurements	3,181	2,561
Government National Mortgage Association (GNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities available for sale
Total investment securities available for sale	1,938	1,990
Government National Mortgage Association (GNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	1,938	1,990
Government National Mortgage Association (GNMA) Insured Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	1,938	1,990
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities available for sale
Total investment securities available for sale	2,069	1,015
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	2,069	1,015
Federal Home Loan Mortgage Corporation (FHLMC) Insured Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	2,069	$ 1,015
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities available for sale
Total investment securities available for sale	988
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	988
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Measurements, Recurring [Member]
Investment securities available for sale
Total investment securities available for sale	$ 988

Note 11 - Fair Value Measurem54

Note 11 - 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		3 Months Ended	12 Months Ended
		Mar. 31, 2016	Dec. 31, 2015
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Total fair value (in Dollars)		$ 1,797	$ 1,151
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)		$ 1,384	$ 1,410
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%
Unobservable input, weighted average		(0.00%)	(0.00%)
Minimum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		0.00%	0.00%
Unobservable input, weighted average		(0.00%)	(0.00%)
Maximum [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		25.00%	25.00%
Unobservable input, weighted average		(25.00%)	(25.00%)
Maximum [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		29.00%	29.00%
Unobservable input, weighted average		(29.00%)	(29.00%)
Weighted Average [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		2.00%	3.00%
Unobservable input, weighted average		(2.00%)	(3.00%)
Weighted Average [Member] | Other Real Estate Owned [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Unobservable input, range		4.00%	5.00%
Unobservable input, weighted average		(4.00%)	(5.00%)
[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 11 - Fair Value Measurem55

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Estimated Fair Values of Financial Instruments - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financial Assets
Investment securities available for sale	$ 4,995	$ 3,005
Accrued interest receivable	1,025	983
Bank-owned life insurance	3,660	3,638
Fair Value, Inputs, Level 1 [Member]
Financial Assets
Cash and cash equivalents	14,044	17,206
Accrued interest receivable	1,025	983
Investment in FHLB stock	618	618
Bank-owned life insurance	3,660	3,638
Financial Liabilities
Deposits	33,512	33,438
FHLB short-term borrowings	6,000	6,000
Accrued interest payable	122	123
Fair Value, Inputs, Level 2 [Member]
Financial Assets
Investment securities available for sale	4,995	3,005
Loans held for sale	2,830	5,244
Fair Value, Inputs, Level 3 [Member]
Financial Assets
Investment in interest-earning time deposits	6,208	6,206
Loans receivable, net	151,787	145,134
Financial Liabilities
Deposits	120,677	117,206
FHLB long-term borrowings	7,541	7,479
Reported Value Measurement [Member]
Financial Assets
Cash and cash equivalents	14,044	17,206
Investment in interest-earning time deposits	6,146	6,136
Investment securities available for sale	4,995	3,005
Loans held for sale	2,718	5,064
Loans receivable, net	150,125	143,305
Accrued interest receivable	1,025	983
Investment in FHLB stock	618	618
Bank-owned life insurance	3,660	3,638
Financial Liabilities
Deposits	152,672	149,229
FHLB short-term borrowings	6,000	6,000
FHLB long-term borrowings	7,500	7,500
Accrued interest payable	122	123
Estimate of Fair Value Measurement [Member]
Financial Assets
Cash and cash equivalents	14,044	17,206
Investment in interest-earning time deposits	6,208	6,206
Investment securities available for sale	4,995	3,005
Loans held for sale	2,830	5,244
Loans receivable, net	151,787	145,134
Accrued interest receivable	1,025	983
Investment in FHLB stock	618	618
Bank-owned life insurance	3,660	3,638
Financial Liabilities
Deposits	154,189	150,644
FHLB short-term borrowings	6,000	6,000
FHLB long-term borrowings	7,541	7,479
Accrued interest payable	$ 122	$ 123