1st Century Bancshares (FCTY) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	1st Century Bancshares, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,321,702
Amendment Flag	false
Entity Central Index Key	1,420,525
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
ASSETS
Cash and due from banks	$ 7,857	$ 7,484
Interest earning deposits at other financial institutions	54,653	50,980
Total cash and cash equivalents	62,510	58,464
Investment securities — Available for Sale (“AFS”), at estimated fair value	75,549	79,689
Loans, net of allowance for loan losses of $8,323 and $7,599 at June 30, 2015 and December 31, 2014, respectively	510,741	435,257
Premises and equipment, net	1,843	1,460
Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) stock	4,896	4,822
Accrued interest and other assets	5,766	5,526
Total Assets	661,305	585,218
LIABILITIES AND STOCKHOLDERS’ EQUITY
Non-interest bearing demand deposits	344,043	282,217
Interest bearing deposits:
Interest bearing checking (“NOW”)	27,239	25,492
Money market deposits and savings	161,081	154,706
Certificates of deposit less than $250	1,963	2,185
Certificates of deposit of $250 or greater	46,572	38,572
Total deposits	580,898	503,172
Other borrowings	15,000	17,500
Accrued interest and other liabilities	2,718	2,853
Total Liabilities	$ 598,616	$ 523,525
Commitments and contingencies (Note 9)
Stockholders’ Equity:
Preferred stock, $0.01 par value — 10,000,000 shares authorized, none issued and outstanding at June 30, 2015 and December 31, 2014, respectively
Common stock, $0.01 par value — 50,000,000 shares authorized, 12,655,633 and 12,129,310 issued at June 30, 2015 and December 31, 2014, respectively	$ 127	$ 121
Additional paid-in capital	74,837	71,736
Accumulated deficit	(845)	(1,675)
Accumulated other comprehensive income	57	162
Treasury stock at cost — 2,333,931 and 1,988,869 shares at June 30, 2015 and December 31, 2014, respectively	(11,487)	(8,651)
Total Stockholders’ Equity	62,689	61,693
Total Liabilities and Stockholders’ Equity	$ 661,305	$ 585,218

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance for loan losses (in Dollars)	$ 8,323	$ 7,599
Preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
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	50,000,000	50,000,000
Common stock, shares issued	12,655,633	12,129,310
Treasury stock, shares	2,333,931	1,988,869

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest and fee income on:
Loans	$ 5,366	$ 4,082	$ 10,083	$ 7,950
Investments	308	508	655	1,069
Other	234	106	348	215
Total interest and fee income	5,908	4,696	11,086	9,234
Interest expense on:
Deposits	112	107	222	217
Borrowings	61	80	109	162
Total interest expense	173	187	331	379
Net interest income	5,735	4,509	10,755	8,855
Provision for loan losses	575	100	725	100
Net interest income after provision for loan losses	5,160	4,409	10,030	8,755
Non-interest income:
Gain on sale of AFS investment securities		533	75	786
Other operating income	108	190	263	302
Total non-interest income	108	723	338	1,088
Non-interest expenses:
Compensation and benefits	2,521	2,218	5,216	4,677
Occupancy	510	404	985	776
Professional fees	172	159	350	312
Technology	243	201	473	394
Marketing	103	86	204	162
FDIC assessments	92	108	187	185
Other operating expenses	718	612	1,483	1,281
Total non-interest expenses	4,359	3,788	8,898	7,787
Income before income taxes	909	1,344	1,470	2,056
Income tax provision	394	565	640	875
Net income	515	779	830	1,181
Other Comprehensive Income:
Net change in unrealized (losses) gains on AFS investments, net of tax	(422)	63	(105)	175
Comprehensive Income	$ 93	$ 842	$ 725	$ 1,356
Basic earnings per share (in Dollars per share)	$ 0.05	$ 0.08	$ 0.09	$ 0.13
Diluted earnings per share (in Dollars per share)	$ 0.05	$ 0.08	$ 0.08	$ 0.12

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Changes in Stockholders’ Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Balance, at Dec. 31, 2013	$ 114	$ 67,231	$ (4,036)	$ 52	$ (7,973)	$ 55,388
Balance, (in Shares) at Dec. 31, 2013	11,378,710				(1,897,902)
Restricted stock issued	$ 2	(2)
Restricted stock issued (in Shares)	228,000
Exercise of stock options	$ 5	2,508				2,513
Exercise of stock options (in Shares)	502,600
Earned restricted stock compensation, net of estimated forfeitures		421				421
Shares surrendered to pay taxes on stock based compensation					$ (518)	(518)
Shares surrendered to pay taxes on stock based compensation (in Shares)					(69,360)
Net income			1,181			1,181
Other comprehensive income (loss)				175		175
Balance, at Jun. 30, 2014	$ 121	70,158	(2,855)	227	$ (8,491)	59,160
Balance, (in Shares) at Jun. 30, 2014	12,109,310				(1,967,262)
Balance, at Dec. 31, 2014	$ 121	71,736	(1,675)	162	$ (8,651)	61,693
Balance, (in Shares) at Dec. 31, 2014	12,129,310				(1,988,869)
Restricted stock issued	$ 3	(3)
Restricted stock issued (in Shares)	218,750
Exercise of stock options	$ 3	2,461				2,464
Exercise of stock options (in Shares)	307,573
Earned restricted stock compensation, net of estimated forfeitures		463				463
Shares surrendered to pay taxes on stock based compensation					$ (2,836)	(2,836)
Shares surrendered to pay taxes on stock based compensation (in Shares)					(345,062)
Excess tax benefit from stock based compensation		180				180
Net income			830			830
Other comprehensive income (loss)				(105)		(105)
Balance, at Jun. 30, 2015	$ 127	$ 74,837	$ (845)	$ 57	$ (11,487)	$ 62,689
Balance, (in Shares) at Jun. 30, 2015	12,655,633				(2,333,931)

Unaudited Consolidated Stateme6

Unaudited Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 830,000	$ 1,181,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	303,000	244,000
Amortization of premiums on investment securities, net	316,000	447,000
Provision for loan losses	725,000	100,000
(Accretion) amortization of deferred loan fees and costs, net	(39,000)	4,000
Gain on sale of AFS investment securities	(75,000)	(786,000)
Gain on sale of OREO		(47,000)
Non-cash stock compensation, net of forfeitures	463,000	421,000
Excess tax benefit related to stock option exercises and vesting of restricted stock	(180,000)
Decrease (increase) in accrued interest and other assets	14,000	(259,000)
(Decrease) increase in accrued interest and other liabilities	(135,000)	280,000
Net cash provided by operating activities	2,222,000	1,585,000
Activities in AFS investment securities:
Purchases	(8,377,000)	(24,865,000)
Maturities and principal reductions	6,114,000	9,515,000
Proceeds from sale of securities	5,983,000	44,199,000
Increase in loans, net	(76,170,000)	(29,138,000)
Proceeds from sale of OREO		137,000
Purchase of premises and equipment	(686,000)	(189,000)
Purchase of FRB stock and FHLB stock	(74,000)	(135,000)
Net cash used in investing activities	(73,210,000)	(476,000)
Cash flows from financing activities:
Net increase in deposits	77,726,000	15,006,000
Repayment of other long-term borrowings	(2,500,000)	(2,500,000)
Proceeds from exercise of stock options	2,464,000	2,513,000
Excess tax benefit related to stock option exercises and vesting of restricted stock	180,000
Shares surrendered to pay taxes on vesting of stock based compensation	(2,836,000)	(518,000)
Net cash provided by financing activities	75,034,000	14,501,000
Increase in cash and cash equivalents	4,046,000	15,610,000
Cash and cash equivalents, beginning of period	58,464,000	44,688,000
Cash and cash equivalents, end of period	62,510,000	60,298,000
Cash paid during the period for:
Interest	305,000	383,000
Income taxes	$ 650,000	$ 405,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	(1) Summary of Significant Accounting Policies Nature of Operations 1 st st Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not include all footnotes as would be necessary for a fair presentation of financial position, results of operations and comprehensive income, changes in stockholders’ equity and cash flows in conformity with accounting principles generally accepted in the United States of America (“GAAP”). However, these interim unaudited consolidated financial statements reflect all adjustments (consisting solely of normal recurring adjustments and accruals) which, in the opinion of management, are necessary for a fair presentation of financial position, results of operations and comprehensive income, changes in stockholders’ equity and cash flows for the interim period presented. These unaudited consolidated financial statements have been prepared on a basis consistent with, and should be read in conjunction with, the audited consolidated financial statements as of and for the year ended December 31, 2014, and the notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 filed with the SEC, under the Securities and Exchange Act of 1934, (the “Exchange Act”). The unaudited consolidated financial statements include the accounts of Bancshares and the Bank. All intercompany accounts and transactions have been eliminated. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results of operations that may be expected for any other interim period or for the year ending December 31, 2015. The Company’s accounting and reporting policies conform to GAAP and to general practices within the banking industry. A summary of the significant accounting and reporting policies consistently applied in the preparation of the accompanying unaudited consolidated financial statements follows: Use of Estimates Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Certain assumptions and estimates could prove to be incorrect and cause actual results to differ materially and adversely from the amounts reported in the consolidated financial statements included herewith. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest earning deposits at other financial institutions with original maturities less than 90 days and all highly liquid investments with original maturities of less than 90 days. Cash Flows Cash and cash equivalents include cash, deposits with other financial institutions with maturities fewer than 90 days, and federal funds sold. Net cash flows are reported for loan and deposit transactions, interest bearing deposits in other financial institutions and short-term borrowings. Investment Securities Investment Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in the fair value of investment securities below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses to the extent the impairment is related to credit losses. The amount of the impairment related to other factors is recognized in other comprehensive income provided that management does not have the intent to sell the securities and it is more likely than not that management will not have to sell the security before recovery of its cost basis. In estimating other-than-temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Federal Reserve Bank Stock and Federal Home Loan Bank Stock The Bank is a member of the Federal Reserve System (“Fed” or “FRB”). FRB stock is carried at cost and is considered a nonmarketable equity security. Cash dividends from the FRB are reported as interest income on an accrual basis. The Bank is a member and stockholder of the capital stock of the Federal Home Loan Bank of San Francisco (“FHLB of San Francisco” or “FHLB”). Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB of San Francisco stock is carried at cost and is considered a nonmarketable equity security. Both cash and stock dividends are reported as interest income. Loans Loans, net, are stated at the unpaid principal balances less the allowance for loan losses and unamortized deferred fees and costs. Loan origination fees, net of related direct costs, are deferred and accreted to interest income as an adjustment to yield over the respective maturities of the loans using the effective interest method. Interest on loans is accrued as earned on a daily basis, except where reasonable doubt exists as to the collection of interest and principal, in which case the accrual of interest is discontinued and the loan is placed on non-accrual status. Loans are placed on non-accrual at the time principal or interest is 90 days delinquent unless well secured and in the process of collection. Interest on non-accrual loans is accounted for on a cash-basis or cost-recovery method, until qualifying for return to accrual status. In order for a loan to return to accrual status, all principal and interest amounts owed must be brought current and future payments must be reasonably assured. A loan is charged-off at any time the loan is determined to be uncollectible. Collateral dependent loans, which generally include commercial real estate loans, residential loans, and construction and land loans, are typically charged down to their net realizable value when a loan is impaired or on non-accrual status. All other loans are typically charged-off when, based upon current available facts and circumstances, it’s determined that either: (1) a loan is uncollectible, (2) repayment is determined to be protracted beyond a reasonable time frame, or (3) the loan is classified as a loss determined by either the Bank’s internal review process or by external examiners. Loans are considered impaired when, based upon current information and events, it is probable that the Company will be unable to collect all principal and interest amounts due according to the original contractual terms of the loan agreement on a timely basis. The Company evaluates impairment on a loan-by-loan basis. Once a loan is determined to be impaired, the impairment is measured based on the present value of the expected future cash flows discounted at the loan’s effective interest rate or by using the loan’s most recent market value or the fair value of the collateral if the loan is collateral dependent. Loans that experience insignificant payment delays or payment shortfalls are generally not considered to be impaired. When the measurement of an impaired loan is less than the recorded amount of the loan, a valuation allowance is established by recording a charge to the provision for loan losses. Subsequent increases or decreases in the valuation allowance for impaired loans are recorded by adjusting the existing valuation allowance for the impaired loan with a corresponding charge or credit to the provision for loan losses. The Company’s policy for recognizing interest income on impaired loans is the same as that for non-accrual loans. Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, management may grant a concession for other than an insignificant period of time to the borrower that would not otherwise be considered, the related loan is classified as a troubled debt restructuring (“TDR”). Management strives to identify borrowers in financial difficulty early and work with them to modify their loans to more affordable terms before their loan reaches nonaccrual status. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses. Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to operations and represents an estimate of probable credit losses inherent in the Company’s loan portfolio that have been incurred as of the balance sheet date. Loan losses are charged against the allowance when management believes that principal is uncollectible. Subsequent repayments or recoveries, if any, are credited to the allowance. Management periodically assesses the adequacy of the allowance for loan losses by reference to many quantitative and qualitative factors that may be weighted differently at various times depending on prevailing conditions. The provisions reflect management’s evaluation of the adequacy of the allowance based, in part, upon the historical loss experience of the loan portfolio, as well as estimates from historical peer group loan loss data and the loss experience of other financial institutions, augmented by management judgment. During this process, loans are separated into the following portfolio segments: commercial loans, commercial real estate, residential, land and construction, and consumer and other loans. The relative significance of risk considerations vary by portfolio segment. For commercial loans, commercial real estate loans and land and construction, the primary risk consideration is a borrower’s ability to generate sufficient cash flows to repay their loan. Secondary considerations include the creditworthiness of guarantors and the valuation of collateral. In addition to the creditworthiness of a borrower, the type and location of real estate collateral is an important risk factor for commercial real estate and land and construction loans. The primary risk consideration for residential loans and consumer loans are a borrower’s personal cash flow and liquidity, as well as collateral value. Loss ratios for all portfolio segments are evaluated on a quarterly basis. Loss ratios associated with historical loss experience are determined based on a rolling migration analysis of each portfolio segment within the portfolio. This migration analysis estimates loss factors based on the performance of each portfolio segment over a four and a half year time period. These loss ratios are then adjusted, if determined necessary, based on other factors including, but not limited to, historical peer group loan loss data and the loss experience of other financial institutions. Management carefully monitors changing economic conditions, the concentrations of loan categories, values of collateral, the financial condition of the borrowers, the history of the loan portfolio, and historical peer group loan loss data to determine the adequacy of the allowance for loan losses. As a part of this process, management typically focuses on loan-to-value (“LTV”) percentages to assess the adequacy of loss ratios of collateral dependent loans within each portfolio segment discussed above, trends within each portfolio segment, as well as general economic and real estate market conditions where the collateral and borrower are located. For loans that are not collateral dependent, which generally consist of commercial and consumer and other loans, management typically focuses on general business conditions where the borrower operates, trends within the portfolio, and other external factors to evaluate the severity of loss factors. The allowance is based on estimates and actual losses may vary from the estimates. In addition, regulatory agencies, as a part of their examination process, periodically review the Bank’s allowance for loan losses, and may require the Bank to make additions to the allowance based on their judgment about information available to them at the time of their examinations. No assurance can be given that adverse future economic conditions will not lead to increased delinquent loans, and increases in the provision for loan losses and/or charge-offs. Other Real Estate Owned OREO represents real estate acquired through or in lieu of foreclosure. OREO is held for sale and is initially recorded at fair value less estimated costs of disposition at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of cost or estimated fair value less costs of disposition. OREO is included in accrued interest and other assets within the Consolidated Balance Sheets and the net operating results, if any, from OREO are recognized as non-interest expense within the unaudited Consolidated Statements of Operations and Comprehensive Income. Furniture, Fixtures and Equipment, net Leasehold improvements and furniture, fixtures and equipment are carried at cost, less depreciation and amortization. Furniture, fixtures and equipment are depreciated using the straight-line method over the estimated useful life of the asset (three to ten years). Leasehold improvements are depreciated using the straight-line method over the terms of the related leases or the estimated lives of the improvements, whichever is shorter. Advertising Costs Advertising costs are expensed as incurred. Income Taxes The Company files consolidated federal and combined state income tax returns. Income tax expense or benefit is the total of the current year income tax payable or refundable and the change in the deferred tax assets and liabilities (excluding deferred tax assets and liabilities related to components of other comprehensive income). Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax basis of assets and liabilities, computed using enacted tax rates. Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in the rates and laws. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. The Company records a valuation allowance if it believes, based on all available evidence, that it is “more likely than not” that the future tax assets will not be realized. This assessment requires management to evaluate the Company’s ability to generate sufficient future taxable income or use eligible tax carrybacks, if any, to determine the need for a valuation allowance. At June 30, 2015 and December 31, 2014, the Company did not have any tax benefits disallowed under accounting standards for uncertainties in income taxes. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. If applicable, the Company has elected to record interest accrued and penalties related to unrecognized tax benefits in tax expense. Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. However, certain changes in assets and liabilities, such as unrealized gains and losses on Available for Sale securities, are reported as a separate component of the stockholders’ equity section of the Consolidated Balance Sheets and, along with net income, are components of comprehensive income. Earnings per Share The Company reports both basic and diluted earnings per share. Basic earnings per share is determined by dividing net income by the average number of shares of common stock outstanding, while diluted earnings per share is determined by dividing net income by the average number of shares of common stock outstanding adjusted for the dilutive effect of common stock equivalents. Potential dilutive common shares related to outstanding stock options and restricted stock are determined using the treasury stock method. For the three and six months ended June 30, 2015, there were 274,019 and 312,046, respectively, of weighted average stock options that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2014, there were 350,073 of weighted average stock options that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2015, there were 99,552 and 58,298, respectively, of weighted average restricted shares that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2014, there were none and 97,860, respectively, of weighted average restricted shares that were excluded from the diluted earnings per share calculation due to their antidilutive impact. Three Months Ended June 30 , Six Months Ended June 30, (dollars in thousands) 20 15 20 14 2015 2014 Net income $ 515 $ 779 $ 830 $ 1,181 Average number of common shares outstanding 9,588,951 9,448,548 9,563,456 9,370,900 Effect of dilution of stock options — 3,351 — 27,653 Effect of dilution of restricted stock 242,278 277,605 254,467 274,513 Average number of common shares outstanding used to calculate diluted earnings per common share 9,831,229 9,729,504 9,817,923 9,673,066 Fair Value of Financial Instruments The Company is required to make certain disclosures about its use of fair value measurements in the preparation of its financial statements. These standards establish a three-level hierarchy for disclosure of assets and liabilities recorded at fair value. The classification of assets and liabilities within the hierarchy is based on whether the inputs to the valuation methodology used for measurement are observable or unobservable. Observable inputs reflect market-derived or market-based information obtained from independent sources, while unobservable inputs reflect management’s estimates about market data. Level 1 Valuation is based upon quoted prices for identical instruments traded in active markets. Level 1 instruments include securities traded on active exchange markets, such as the New York Stock Exchange, as well as U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets. Level 2 Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 2 instruments include securities traded in less active dealer or broker markets. Level 3 Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. Stock-Based Compensation The Company has granted restricted stock awards to directors, employees, and a vendor under the Company’s 2005 Amended and Restated Equity Incentive Plan (the “Equity Incentive Plan”) and the 2013 Equity Incentive Plan. The restricted stock awards are considered fixed awards as the number of shares and fair value is known at the date of grant and the fair value at the grant date is amortized over the vesting and/or service period. Recent Accounting Pronouncements In January 2014, the Financial Accounting Standard Board (FASB) issued Accounting Standard Update (ASU) No. 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (ASU 2014-04). The amendments of ASU are intended to clarify when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate recognized. This ASU is effective for both annual and interim periods beginning after December 15, 2014. The adoption of ASU 2014-04 did not have an impact on its financial statements and disclosures. In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) – Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (ASU 2014-08). The amendments in ASU 2014-08 change the criteria for reporting discontinued operations and improve related disclosures. This ASU also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance. ASU 2014-08 will be effective for annual financial statements with fiscal years beginning on or after December 31, 2014 and interim periods thereafter. The adoption of ASU 2014-08 did not have an impact on its financial statements and disclosures. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40) (ASU 2014-15). The objective of ASU 2014-15 is to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and provide related disclosures. Currently, GAAP does not provide guidance to evaluate whether there is substantial doubt regarding an organization’s ability to continue as a going concern. This ASU provides guidance to an organization’s management, with principles and definitions to reduce diversity in the timing and content of financial statement disclosures commonly provided by organizations. ASU 2014-15 is effective for periods ending after December 15, 2016 and interim periods within annual periods beginning after December 15, 2016.

Note 2 - Investments

Note 2 - Investments	6 Months Ended
	Jun. 30, 2015
Investments Schedule [Abstract]
Investment [Text Block]	( 2 ) Investments The following is a summary of the investments categorized as Available for Sale at June 30, 2015 and December 31, 2014: Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value At June 30, 2015: Investments — Available for Sale U.S. Treasuries and Government Agencies $ 28,438 $ 190 $ (5 ) $ 28,623 Corporate Notes 2,009 4 — 2,013 Residential Mortgage-Backed Securities 45,006 172 (265 ) 44,913 Total $ 75,453 $ 366 $ (270 ) $ 75,549 At December 31, 2014: Investments — Available for Sale U.S Treasuries and Government Agencies $ 25,973 $ 160 $ (5 ) $ 26,128 Corporate Notes 2,528 10 — 2,538 Residential Mortgage-Backed Securities 50,913 275 (165 ) 51,023 Total $ 79,414 $ 445 $ (170 ) $ 79,689 The Company did not have any investment securities categorized as “Held to Maturity” or “Trading” at June 30, 2015 or December 31, 2014. At June 30, 2015 and December 31, 2014, there were no holdings of securities of any one issuer other than the U.S. government or its agencies, in an amount greater than 10% of shareholders’ equity. Additionally, at June 30, 2015 and December 31, 2014, the fair value of securities pledged to the State of California Treasurer’s Office to secure their deposits was $55.9 million and $48.4 million, respectively. Deposits from the State of California were $46.0 million and $38.0 million at June 30, 2015 and December 31, 2014, respectively. The following table summarizes the fair value of AFS securities and the weighted average yield of investment securities by contractual maturity at June 30, 2015. Residential mortgage-backed securities are included in maturity categories based on their stated maturity date. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. The weighted average life of these securities was 3.19 years at June 30, 2015. (dollars in thousands) Available for Sale 1 Year or Less Weighted Average Yield After 1 Through 5 Years Weighted Average Yield After 5 Through 10 Years Weighted Average Yield After 10 Years Weighted Average Yield Total Weighted Average Yield U.S. Treasuries and Government Agencies $ — — % $ 16,000 1.73 % $ 12,623 2.06 % $ — — % $ 28,623 1.87 % Corporate Notes 2,013 1.31 — — — — — — 2,013 1.31 Residential Mortgage-Backed Securities — — 458 5.20 20,219 1.44 24,236 1.86 44,913 1.71 Total $ 2,013 1.31 % $ 16,458 1.82 % $ 32,842 1.68 % $ 24,236 1.86 % $ 75,549 1.76 % A total of 27 and 26 securities had unrealized losses at June 30, 2015 and December 31, 2014, respectively. Information pertaining to securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: Less than Twelve Months Twelve Months or More (in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value At June 30, 2015: Investments-Available for Sale U.S Treasuries and Government Agencies $ (5 ) $ 2,097 $ — $ — Residential Mortgage-Backed Securities (162 ) 23,555 (103 ) 6,034 At December 31, 2014: Investments-Available for Sale U.S Treasuries and Government Agencies $ (5 ) $ 8,057 $ — $ — Residential Mortgage-Backed Securities (35 ) 11,694 (130 ) 17,651 The Company’s assessment that it has the ability to continue to hold impaired investment securities along with its evaluation of their future performance provide the basis for it to conclude that its impaired securities are not other-than-temporarily impaired. In assessing whether it is more likely than not that the Company will be required to sell any impaired security before its anticipated recovery, which may be at their maturity, it considers the significance of each investment, the amount of impairment, as well as the Company’s liquidity position and the impact on the Company’s capital position. As a result of its analyses, the Company determined at June 30, 2015 and December 31, 2014 that the unrealized losses on its securities portfolio on which impairments had not been recognized are temporary. During the six months ended June 30, 2015, the Company sold available for sale investment securities with an amortized cost of $5.9 million, resulting in realized gains of $75,000, which were recorded in non-interest income within the unaudited Consolidated Statement of Operations and Comprehensive Income. No securities were sold during the three months ended June 30, 2015. During the three and six months ended June 30, 2014, the Company sold available for sale investment securities with an amortized cost of $28.6 million and $43.4 million, respectively, resulting in realized gains of $533,000 and $786,000, respectively.

Note 3 - Loans, Allowance for L

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	(3) Loans, Allowance for Loan Losses, and Non-Performing Assets Loans The categories of loans listed below are grouped in accordance with the primary purpose of the loans, but in the aggregate 83.8% and 83.5% of all loans are secured by real estate at June 30, 2015 and December 31, 2014, respectively. June 30, 2015 December 31, 2014 Amount Percent Amount Percent (dollars in thousands) Outstanding of Total Outstanding of Total Commercial (1) $ 101,048 19.5 % $ 91,694 20.7 % Commercial real estate 223,035 43.0 % 185,752 42.0 % Residential 112,251 21.6 % 98,806 22.3 % Land and construction 48,893 9.4 % 37,075 8.4 % Consumer and other (2) 33,750 6.5 % 29,458 6.6 % Loans, gross 518,977 100.0 % 442,785 100.0 % Net deferred costs 87 71 Less — allowance for loan losses (8,323 ) (7,599 ) Loans, net $ 510,741 $ 435,257 (1) Unsecured commercial loan balances were $27.1 million and $25.1 million at June 30, 2015 and December 31, 2014, respectively. (2) Unsecured consumer and other loan balances were $7.1 million and $5.1 million at June 30, 2015 and December 31, 2014, respectively. As of June 30, 2015 and December 31, 2014, substantially all of the Company’s loan customers were located in Southern California. Allowance for Loan Losses and Recorded Investment in Loans The following is a summary of activities for the allowance for loan losses and recorded investment in loans as of and for the three and six months ended June 30, 2015 and 2014: (in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other Total Three Months Ended June 30, 2015: Allowance for loan losses: Beginning balance $ 1,768 $ 3,825 $ 757 $ 916 $ 499 $ 7,765 Provision for loan losses — 450 20 55 50 575 Charge-offs — — — — (18 ) (18 ) Recoveries 1 — — — — 1 Ending balance $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 Six Months Ended June 30, 2015 : Allowance for loan losses: Beginning balance $ 1,752 $ 3,825 $ 747 $ 816 $ 459 $ 7,599 Provision for loan losses — 450 30 155 90 725 Charge-offs — — — — (18 ) (18 ) Recoveries 17 — — — — 17 Ending balance $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 As of June 30, 2015: Ending balance: individually evaluated for impairment $ 35 $ — $ — $ — $ — $ 35 Ending balance: collectively evaluated for impairment 1,734 4,275 777 971 531 8,288 Total $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 Loans: Ending balance: individually evaluated for impairment $ 712 $ — $ — $ — $ 48 $ 760 Ending balance: collectively evaluated for impairment 100,336 223,035 112,251 48,893 33,702 518,217 Total $ 101,048 $ 223,035 $ 112,251 $ 48,893 $ 33,750 $ 518,977 Three Months Ended June 30, 2014: Allowance for loan losses: Beginning balance $ 1,579 $ 3,660 $ 778 $ 811 $ 424 $ 7,252 Provision for loan losses 10 140 110 (120 ) (40 ) 100 Charge-offs — — — — — — Recoveries 15 — — — — 15 Ending balance $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 Six Months Ended June 30, 2014: Allowance for loan losses: Beginning balance $ 1,583 $ 3,660 $ 758 $ 811 $ 424 $ 7,236 Provision for loan losses (10 ) 140 130 (120 ) (40 ) 100 Charge-offs — — — — — — Recoveries 31 — — — — 31 Ending balance $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 As of June 30, 2014: Ending balance: individually evaluated for impairment $ 35 $ — $ — $ — $ — $ 35 Ending balance: collectively evaluated for impairment 1,569 3,800 888 691 384 7,332 Total $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 Loans: Ending balance: individually evaluated for impairment $ 899 $ — $ — $ — $ 29 $ 928 Ending balance: collectively evaluated for impairment 77,556 178,576 102,149 29,423 23,960 411,664 Total $ 78,455 $ 178,576 $ 102,149 $ 29,423 $ 23,989 $ 412,592 The following is a summary of the allowance for loan losses and recorded investment in loans as of December 31, 2014: (in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other Total Allowance for loan losses: Ending balance: individually evaluated for impairment $ 20 $ — $ — $ — $ — $ 20 Ending balance: collectively evaluated for impairment 1,732 3,825 747 816 459 7,579 Total $ 1,752 $ 3,825 $ 747 $ 816 $ 459 $ 7,599 Loans: Ending balance: individually evaluated for impairment $ 632 $ — $ — $ — $ 49 $ 681 Ending balance: collectively evaluated for impairment 91,062 185,752 98,806 37,075 29,409 442,104 Total $ 91,694 $ 185,752 $ 98,806 $ 37,075 $ 29,458 $ 442,785 In addition to the allowance for loan losses, the Company also estimates probable losses related to unfunded lending commitments. Unfunded lending commitments are subject to individual reviews and are analyzed and segregated by product type. These classifications, in conjunction with an analysis of historical loss experience, current economic conditions, performance trends within specific portfolio segments and any other pertinent information, result in the estimation of the reserve for unfunded lending commitments. Provision for credit losses related to unfunded lending commitments is reported in other operating expenses in the unaudited Consolidated Statements of Operations and Comprehensive Income. The allowance held for unfunded lending commitments is reported in accrued interest and other liabilities within the accompanying Consolidated Balance Sheets, and not as part of the allowance for loan losses in the above tables. As of June 30, 2015 and December 31, 2014, the allowance for unfunded lending commitments was $345,000 and $320,000 , respectively, and is primarily related to $149.7 million and $146.4 million in commitments to extend credit to customers and $2.6 million and $2.7 million in standby/commercial letters of credit at June 30, 2015 and December 31, 2014, respectively. Non-Performing Assets The following table presents an aging analysis of the recorded investment of past due loans as of June 30, 2015 and December 31, 2014 . Payment activity is reviewed by management on a monthly basis to determine the performance of each loan. Loans are considered to be non-performing when a loan is greater than 90 days delinquent. Loans that are 90 days or more past due may still accrue interest if they are well-secured and in the process of collection. Total additions to non-performing loans during the six months ended June 30, 2015 and 2014 was $100,000 and none, respectively . Non-performing loans represented 0.14% of total loans at both June 30, 2015 and December 31, 2014 . There were no accruing loans past due 90 days or more at June 30, 2015 and December 31, 2014. (in thousands) 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total As of June 30, 2015: Commercial $ — $ 100 $ 612 $ 712 $ 100,336 $ 101,048 Commercial real estate — — — — 223,035 223,035 Residential — — — — 112,251 112,251 Land and construction — — — — 48,893 48,893 Consumer and other — — — — 33,750 33,750 Totals $ — $ 100 $ 612 $ 712 $ 518,265 $ 518,977 As of December 31, 2014: Commercial $ — $ 60 $ 572 $ 632 $ 91,062 $ 91,694 Commercial real estate — — — — 185,752 185,752 Residential — — — — 98,806 98,806 Land and construction — — — — 37,075 37,075 Consumer and other — — — — 29,458 29,458 Totals $ — $ 60 $ 572 $ 632 $ 442,153 $ 442,785 The following table sets forth non-accrual loans and other real estate owned at June 30, 2015 and December 31, 2014: (dollars in thousands) June 30, 2015 December 31, 2014 Non-accrual loans: Commercial $ 712 $ 632 Total non-accrual loans 712 632 Total non-performing assets $ 712 $ 632 Non-performing assets to gross loans and OREO 0.14 % 0.14 % Non-performing assets to total assets 0.11 % 0.11 % Credit Quality Indicators The following table represents the credit exposure by internally assigned grades at June 30, 2015 and December 31, 2014. This grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements in accordance with the loan terms. The Company’s internal credit risk grading system is based on management’s experiences with similarly graded loans. Credit risk grades are reassessed each quarter based on any recent developments potentially impacting the creditworthiness of the borrower, as well as other external statistics and factors, which may affect the risk characteristics of the respective loan. The Company’s internally assigned grades are as follows: Pass Special Mention Substandard Doubtful Loss (in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other As of June 30, 2015: Grade: Pass $ 99,560 $ 223,035 $ 112,251 $ 48,893 $ 33,702 Special Mention 127 — — — — Substandard 1,361 — — — 48 Total $ 101,048 $ 223,035 $ 112,251 $ 48,893 $ 33,750 As of December 31, 2014: Grade: Pass $ 90,235 $ 185,201 $ 98,806 $ 37,075 $ 29,409 Special Mention 180 — — — — Substandard 1,279 551 — — 49 Total $ 91,694 $ 185,752 $ 98,806 $ 37,075 $ 29,458 There were no loans assigned to the Doubtful or Loss grade as of June 30, 2015 and December 31, 2014. Impaired Loans The following table includes the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable. Management determined the specific allowance based on the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the remaining source of repayment for the loan is the operation or liquidation of the collateral. In those cases, the current fair value of the collateral, less selling costs was used to determine the specific allowance recorded. Also presented in the table below are the average recorded investments in the impaired loans and the related amount of interest recognized during the time within the period that the impaired loans were impaired. When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual status, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not in doubt and the loan is on non-accrual status, contractual interest is credited to interest income when received, under the cash basis method. The average balances are calculated based on the month-end balances of the loans of the period reported. (in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment As of and for the six months ended June 30, 2015: With no related allowance recorded: Commercial $ 572 $ 848 $ — $ 572 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other 48 48 — 49 With an allowance recorded: Commercial $ 140 $ 155 $ 35 $ 73 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other — — — — Totals: Commercial $ 712 $ 1,003 $ 35 $ 645 Commercial real estate $ — $ — $ — $ — Residential $ — $ — $ — $ — Land and construction $ — $ — $ — $ — Consumer and other $ 48 $ 48 $ — $ 49 As of and for the year ended December 31, 2014: With no related allowance recorded: Commercial $ 572 $ 848 $ — $ 707 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other 49 49 — 36 With an allowance recorded: Commercial $ 60 $ 74 $ 20 $ 106 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other — — — — Totals: Commercial $ 632 $ 922 $ 20 $ 813 Commercial real estate $ — $ — $ — $ — Residential $ — $ — $ — $ — Land and construction $ — $ — $ — $ — Consumer and other $ 49 $ 49 $ — $ 36 During the three and six months ended June 30, 2015, the average balance of impaired loans was $707,000 and $694,000, respectively, compared to $939,000 and $946,000 for the same periods last year. As of June 30, 2015 and December 31, 2014, there were $712,000 and $632,000 of impaired loans on non-accrual status. For both the three and six months ended June 30, 2015, interest income recognized on impaired loans subsequent to their classification as impaired was $1,000, compared to $3,000 and $5,000 for the same periods last year. The Company stops accruing interest on these loans on the date they are classified as non-accrual and reverses any uncollected interest that had been previously accrued as income. The Company may begin recognizing interest income on these loans as cash interest payments are received, if collection of principal is reasonably assured. Troubled Debt Restructurings There were no troubled debt restructurings during the three and six months ended June 30, 2015 and 2014. The impact on the Company’s determination of the allowance for loan losses related to troubled debt restructurings was not material and resulted in no charge-offs during the three and six months ended June 30, 2015 and 2014. During the three and six months ended June 30, 2015 and 2014, there were no defaults recorded on any loans that were modified as troubled debt restructurings during the preceding twelve months. A troubled debt restructuring is considered to be in default once it becomes 60 days or more past due following a modification.

Note 4 - Derivative Financial I

Note 4 - Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	(4) Derivative Financial Instruments The fair value of derivative positions outstanding is included in accrued interest receivable and other assets and accrued interest payable and other liabilities in the accompanying Consolidated Balance Sheets and in the net change in each of these financial statement line items in the accompanying unaudited Consolidated Statements of Cash Flows. Interest Rate Derivatives. The notional amounts and estimated fair values of interest rate derivative contracts outstanding at June 30, 2015 and December 31, 2014 are presented in the following table. The Company obtains dealer quotations to value its interest rate derivative contracts. June 30, 2015 December 31, 2014 (in thousands) Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value Non-hedging interest rate derivatives: Commercial loan interest rate swaps $ 2,058 $ (32 ) $ 2,650 $ (23 ) Commercial loan interest rate swaps $ (2,058 ) $ 32 $ (2,650 ) $ 23 The weighted-average rates paid and received for interest rate swaps outstanding at June 30, 2015 and December 31, 2014 were as follow: June 30, 2015 Weighted-Average December 31, 2014 Weighted-Average Interest Rate Paid Interest Rate Received Interest Rate Paid Interest Rate Received Non-hedging interest rate swaps 3.44 % 4.96 % 3.37 % 4.85 % Non-hedging interest rate swaps 4.96 % 3.44 % 4.85 % 3.37 % Gains, Losses and Derivative Cash Flows As stated above, the Company enters into non-hedge related derivative positions primarily to accommodate the business needs of its customers. Upon the origination of a derivative contract with a customer, the Company simultaneously enters into an offsetting derivative contract with a third party. The Company recognizes immediate income based upon the difference in the bid/ask spread of the underlying transactions with its customers and the third party. Because the Company acts only as an intermediary for its customer, subsequent changes in the fair value of the underlying derivative contracts for the most part offset each other and do not significantly impact the Company’s results of operations.

Note 5 - Comprehensive Income

Note 5 - Comprehensive Income	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	(5 ) Comprehensive Income Comprehensive income, which includes net income and the net change in unrealized gains on investment securities available for sale, is presented below: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 20 15 20 14 2015 2014 Net income $ 515 $ 779 $ 830 $ 1,181 Other comprehensive income (loss): (Decrease) increase in net unrealized gains on investment securities available for sale, net of tax benefit (expense) of $295 and $43 for the three and six months ended June 30, 2015, respectively, and ($263) and ($445) for the three and six months ended June 30, 2014, respectively (422 ) 377 (61 ) 638 Reclassification for net gains included in earnings, net of tax expense of none and $31 for the three and six months ended June 30, 2015, respectively, and $219 and $323 for the three and six months ended June 30, 2014, respectively — (314 ) (44 ) (463 ) Comprehensive income $ 93 $ 842 $ 725 $ 1,356 Reclassification adjustments of none and $75,000 for the three and six months ended June 30, 2015, respectively, are included in non-interest income within the unaudited Consolidated Statements of Operations and Comprehensive Income. Reclassification adjustments for the three and six months ended June 30, 2014 were $533,000 and $786,000, respectively. Income tax expense associated with these reclassification adjustments for the three and six months ended June 30, 2015 was none and $31,000, respectively, and is included in income tax provision within the unaudited Consolidated Statements of Operations and Comprehensive Income. Income tax expense associated with these reclassification adjustments for the three and six months ended June 30, 2014 were $219,000 and $323,000, respectively. Activity of investment securities available for sale included in accumulated other comprehensive income, net of tax, is as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2015 2014 2015 2014 Beginning balance $ 479 $ 164 $ 162 $ 52 Other comprehensive income before reclassifications (422 ) 377 (61 ) 638 Amounts reclassified from accumulated other comprehensive income — (314 ) (44 ) (463 ) Net other comprehensive income (loss) (422 ) 63 (105 ) 175 Ending balance $ 57 $ 227 $ 57 $ 227

Note 6 - Premises and Equipment

Note 6 - Premises and Equipment	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	(6 ) Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Premises and equipment at June 30, 2015 and December 31, 2014 are comprised of the following: (in thousands) June 30, 2015 December 31, 2014 Leasehold improvements $ 1,881 $ 1,537 Furniture & equipment 3,106 2,803 Software 857 847 Total 5,844 5,187 Accumulated depreciation (4,001 ) (3,727 ) Premises and equipment, net $ 1,843 $ 1,460 Depreciation and amortization included in occupancy expense was $151,000 and $303,000 for the three and six months ended June 30, 2015, respectively, compared to $121,000 and $244,000 for the three and six months ended June 30, 2014, respectively.

Note 7 - Deposits

Note 7 - Deposits	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Deposit Liabilities Disclosures [Text Block]	( 7 ) Deposits The following table reflects the summary of deposit categories by dollar and percentage at June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 (dollars in thousands) Amount % of Total Amount % of Total Non-interest bearing demand deposits $ 344,043 59.2 % $ 282,217 56.1 % Interest bearing checking 27,239 4.7 % 25,492 5.1 % Money market deposits and savings 161,081 27.7 % 154,706 30.7 % Certificates of deposit 48,535 8.4 % 40,757 8.1 % Total $ 580,898 100.0 % $ 503,172 100.0 % At June 30, 2015, the Company had three certificates of deposit with the State of California Treasurer’s Office for a total of $46.0 million, which represented 7.9% of total deposits. The deposits outstanding at June 30, 2015 are scheduled to mature in the third quarter of 2015. The Company intends to renew each of these deposits at maturity. However, there can be no assurance that the State of California Treasurer’s Office will continue to maintain deposit accounts with the Company. At December 31, 2014, the Company had two certificates of deposit with the State of California Treasurer’s Office for a total of $38.0 million, which represented 7.6% of total deposits. The Company was required to pledge $50.6 million and $41.8 million, respectively, of investment securities at June 30, 2015 and December 31, 2014, in connection with these certificates of deposit. The aggregate amount of certificates of deposit of $250,000 or greater was $46.6 million and $38.6 million, at June 30, 2015 and December 31, 2014, respectively. At June 30, 2015, all certificates of deposit of $250,000 or greater, including deposit accounts with the State of California Treasurer’s Office and CDARS, were scheduled to mature in six months or less. The table below sets forth the range of interest rates, amount and remaining maturities of the certificates of deposit at June 30, 2015. (in thousands) Six months and less Greater than six months through one year Greater than one year 0.00% to 0.99% $ 48,222 $ 204 $ 69 1.00% to 1.99% 12 — 28 Total $ 48,234 $ 204 $ 97

Note 8 - Other Borrowings

Note 8 - Other Borrowings	6 Months Ended
	Jun. 30, 2015
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
Other Liabilities Disclosure [Text Block]	( 8 ) Other Borrowings At June 30, 2015 and December 31, 2014, the Company had a borrowing/credit facility secured by a blanket lien on eligible loans at the FHLB of $154.2 million and $146.0 million, respectively. The Company had $15.0 million and $17.5 million of long-term borrowings outstanding under this borrowing/credit facility with the FHLB at June 30, 2015 and December 31, 2014, respectively. The Company had no overnight borrowings outstanding under this borrowing/credit facility at June 30, 2015 and December 31, 2014. The following table summarizes the outstanding long-term borrowings under the borrowing/credit facility secured by a blanket lien on eligible loans at the FHLB at June 30, 2015 and December 31, 2014 (dollars in thousands): Maturity Date Interest Rate June 30, 2015 December 31, 2014 May 26, 2015 1.65% $ — $ 2,500 May 23, 2016 2.07% 2,500 2,500 December 29, 2016 1.38% 5,000 5,000 December 30, 2016 1.25% 2,500 2,500 May 2, 2018 0.93% 5,000 5,000 Total Total $ 15,000 $ 17,500 At June 30, 2015 and December 31, 2014, the Company also had $27.0 million in Federal fund lines of credit available with other correspondent banks that could be used to disburse loan commitments and to satisfy demands for deposit withdrawals. Each of these lines of credit is subject to conditions that the Company may not be able to meet at the time when additional liquidity is needed. As of June 30, 2015 and December 31, 2014, the Company had pledged $2.0 million and $2.5 million, respectively, of corporate notes related to these lines of credit.

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	( 9 ) Commitments and Contingencies Commitments to Extend Credit The Company is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit, standby/commercial letters of credit and guarantees on revolving credit card limits. These instruments involve various levels and elements of credit and interest rate risk in excess of the amount recognized in the accompanying consolidated financial statements. The contract or notional amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company had $149.7 million and $146.4 million in commitments to extend credit to customers and $2.6 million and $2.7 million in standby/commercial letters of credit at June 30, 2015 and December 31, 2014, respectively. The Company also guarantees the outstanding balance on credit cards offered at the Company, but underwritten by another financial institution. The outstanding balances on these credit cards were $154,000 and $136,000 as of June 30, 2015 and December 31, 2014, respectively. Lease Commitments The Company leases office premises under three operating leases that will expire in December 2018, May 2019 and June 2024, respectively. Rental expense, which is included in occupancy expense, was $266,000 and $532,000 for the three and six months ended June 30, 2015, respectively, compared to $220,000 and $417,000 for the three and six months ended June 30, 2014, respectively. The projected minimum rental payments under the term of the leases at June 30, 2015 are as follows (in thousands): Years ending December 31, 2015 (July-December) $ 483 2016 985 2017 1,015 2018 1,046 2019 834 Thereafter 3,600 Total $ 7,963 Litigation The Company from time to time is party to lawsuits, which arise out of the normal course of business. At June 30, 2015 and December 31, 2014, the Company did not have any litigation that management believes will have a material impact on the Consolidated Balance Sheets or unaudited Consolidated Statements of Operations and Comprehensive Income. Restricted Stock The following table sets forth the Company’s future restricted stock expense, net of estimated forfeitures (in thousands). Years ending December 31, 2015 (July-December) $ 530 2016 707 2017 525 2018 323 2019 184 Thereafter 153 Total $ 2,422

Note 10 - Fair Value Measuremen

Note 10 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Fair Value, Measurement Inputs, Disclosure [Text Block]	( 10 ) Fair Value Measurements The following tables present information about the Company’s assets and liabilities measured at fair value on a recurring and non-recurring basis as of June 30, 2015 and December 31, 2014, and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using (in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2015: Investments-Available for Sale U.S. Treasuries and Government Agencies $ 28,623 $ 3,898 $ 24,725 $ — Corporate Notes 2,013 — 2,013 — Residential Mortgage-Backed Securities 44,913 — 44,913 — Derivative Assets – 32 — 32 — Derivative Liabilities – 32 — 32 — At December 31, 2014: Investments-Available for Sale U.S. Treasuries and Government Agencies $ 26,128 $ 3,885 $ 22,243 $ — Corporate Notes 2,538 — 2,538 — Residential Mortgage-Backed Securities 51,023 — 51,023 — Derivative Assets – 23 — 23 — Derivative Liabilities – 23 — 23 — AFS securities The valuation for investment securities utilizing Level 2 inputs were primarily determined by quotes received from an independent pricing service using matrix pricing, which is a mathematical technique widely used in the industry to value securities without relying exclusively on quoted market prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities. There were no transfers into or out of Level 1 or 2 measurements during the three and six months ended June 30, 2015 and 2014. Assets Measured on a Non-Recurring Basis Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using (in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2015: Impaired loans Commercial $ 677 $ — $ — $ 677 At December 31, 2014: Impaired loans Commercial $ 612 $ — $ — $ 612 Impaired loans

Note 11 - Estimated Fair Value

Note 11 - Estimated Fair Value Information	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	(11) Estimated Fair Value Information The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many cases, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Estimated fair value amounts have been determined by using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop the estimates of fair value. Accordingly, the estimates presented are not necessarily indicative of the amounts the Company could realize in a current market exchange. The methods and assumptions used to estimate the fair value of each class of financial instruments for which it is practicable to estimate the value are explained below. Cash and cash equivalents The carrying amounts are considered to be their estimated fair values and are classified as Level 1 because of the short-term maturity of these instruments which includes Federal funds sold and interest-earning deposits at other financial institutions. Investment securities AFS investment securities are carried at fair value, which are based on quoted prices of exact or similar securities, or on inputs that are observable, either directly or indirectly. The Company obtains quoted prices through third party brokers. Investment securities are classified as Level 1 to the extent that they are based on quoted prices for identical instrument traded in active markets. Investment securities are classified as Level 2 for valuations based on quotes prices for similar securities or inputs that are observable, either directly or indirectly. FRB and FHLB stock It is not practical to determine the fair value of FRB and FHLB stock due to restrictions placed on its transferability. Loans, net For loans, the fair value is estimated using market quotes for similar assets or the present value of future cash flows, discounted using the current rate at which similar loans would be made to borrowers with similar credit ratings and for the same maturities and giving consideration to estimated prepayment risk and credit risk. The fair value of loans is determined utilizing estimates resulting in a Level 3 classification. Impaired loans are measured for impairment based on the present value of expected future cash flows discounted at the loan’s effective interest rate, except that as a practical expedient, the Company may measure impairment based on a loan’s observable market price, or the fair value of the collateral (net of estimated costs to sell) if the loan is collateral dependent. The fair value of impaired loans is determined utilizing estimates resulting in a Level 3 classification. Off-balance sheet credit-related instruments The fair values of commitments, which include standby letters of credit and commercial letters of credit, are based upon fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The related fees are not considered material to the Company’s financial statements as a whole and the fair market value of the Company’s off-balance sheet credit-related instruments cannot be readily determined. The fair value of these items is determined utilizing estimates resulting in a Level 3 classification. Derivatives The fair value of derivatives is based on valuation models using observable market data as of the measurement date and is classified as Level 2. Deposits For demand deposits, the carrying amount approximates fair value. The fair values of interest bearing checking, savings, and money market deposits are estimated by discounting future cash flows using the interest rates currently offered for deposits of similar products. Because of the short-term maturity of these deposits, the carrying amounts are considered to be their estimated fair values and are classified as Level 1. The fair values of the certificates of deposit are estimated by discounting future cash flows based on the rates currently offered for certificates of deposit with similar interest rates and remaining maturities. The fair value of certificates of deposit is determined utilizing estimates resulting in a Level 2 classification. Other borrowings The fair values of long term FHLB advances are estimated based on the rates currently offered by the FHLB for advances with similar interest rates and remaining maturities. The fair value of other borrowings is determined utilizing estimates resulting in a Level 2 classification. Accrued interest The estimated fair value for both accrued interest receivable and accrued interest payable are considered to be equivalent to the carrying amounts, resulting in a Level 1 classification. The estimated fair value and carrying amounts of the financial instruments at June 30, 2015 and December 31, 2014 are as follows: Carrying Fair Value Measurements Using: (dollars in thousands) Amount Level 1 Level 2 Level 3 Total As of June 30, 2015 Assets Cash and cash equivalents $ 62,510 $ 62,510 $ — $ — $ 62,510 Investment securities 75,549 3,898 71,651 — 75,549 FRB stock 1,729 — — — N/A FHLB stock 3,167 — — — N/A Loans, net 510,741 — — 510,827 510,827 Non-hedging interest rate swaps 32 — 32 — 32 Accrued interest receivable 1,537 1,537 — — 1,537 Liabilities Non-interest bearing deposits $ 344,043 $ 344,043 $ — $ — $ 344,043 Interest bearing deposits 236,855 188,320 48,535 — 236,855 Other borrowings 15,000 — 15,051 — 15,051 Non-hedging interest rate swaps 32 — 32 — 32 Accrued interest payable 12 12 — — 12 As of December 31, 2014 Assets Cash and cash equivalents $ 58,464 $ 58,464 $ — $ — $ 58,464 Investment securities 79,689 3,885 75,804 — 79,689 FRB stock 1,655 — — — N/A FHLB stock 3,167 — — — N/A Loans, net 435,257 — — 433,588 433,588 Non-hedging interest rate swaps 23 — 23 — 23 Accrued interest receivable 1,418 1,418 — — 1,418 Liabilities Non-interest bearing deposits $ 282,217 $ 282,217 $ — $ — $ 282,217 Interest bearing deposits 220,955 180,198 40,757 — 220,955 Other borrowings 17,500 — 17,551 — 17,551 Non-hedging interest rate swaps 23 — 23 — 23 Accrued interest payable 23 23 — — 23

Note 12 - Non-Interest Income

Note 12 - Non-Interest Income	6 Months Ended
	Jun. 30, 2015
Other Income and Expenses [Abstract]
Other Income and Other Expense Disclosure [Text Block]	( 12 ) Non-Interest Income The following table summarizes the information regarding non-interest income for the three and six months ended June 30, 2015 and 2014, respectively: Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2015 2014 2015 2014 Gain on sale of AFS investment securities $ — $ 533 $ 75 $ 786 Service charges and other operating income 108 190 263 302 Total non-interest income $ 108 $ 723 $ 338 $ 1,088

Note 13 - Stock-Based Compensat

Note 13 - Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	( 13 ) Stock-Based Compensation On May 8, 2013, the shareholders of the Company approved the Company’s 2013 Equity Incentive Plan (the “Plan”), which provides for the grant of up to 750,000 shares of Common Stock to employees, including officers and directors, non-employee directors and consultants. Stock options, stock appreciation rights, restricted stock and other stock awards, and restricted stock units are all available for grant pursuant to the terms and conditions of the Plan. The Plan was established to consolidate and replace all other previous stock plans and the remaining shares available for grant under these previous plans were cancelled. Prior to the approval of the Plan, the Company granted restricted stock awards to directors and employees under the 2005 Equity Incentive Plan. Restricted stock awards are considered fixed awards as the number of shares and fair value is known at the date of grant and the fair value at the grant date is amortized over the requisite service period. Non-cash stock compensation expense recognized in the unaudited Consolidated Statements of Operations and Comprehensive Income related to the restricted stock awards, net of estimated forfeitures, was $239,000 and $463,000 for the three and six months ended June 30, 2015, respectively, compared to $235,000 and $421,000 for the same periods last year. The fair value of restricted stock awards that vested was $582,000 and $727,000 for the three and six months ended June 30, 2015, respectively, compared to $388,000 and $400,000 for the three and six months ended June 30, 2014, respectively. The following table reflects a combined summary of the activities related to restricted stock awards outstanding for the six months ended June 30, 2015 and 2014, respectively. Six Months Ended June 30, 2015 2014 Restricted Shares Number Weighted Avg Fair Value at Date Number Weighted Avg Fair Value at Date Beginning balance 615,875 $ 5.92 529,529 $ 4.62 Granted 218,750 6.98 228,000 7.63 Vested (149,875 ) 4.85 (93,750 ) 4.01 Forfeited and surrendered — — — — Ending balance 684,750 $ 6.49 663,779 $ 5.74 The Company recognizes compensation expense for stock options by amortizing the fair value at the grant date over the service, or vesting period . During the six months ended June 30, 2015 and 2014, there were none and 72,000, respectively, options exercised under the 2004 Founder Stock Option Plan at a weighted average exercise price of $5.00 per share. During the six months ended June 30, 2014, the remaining 19,800 of unexercised options under the plan expired and were automatically cancelled. The weighted average exercise price of the cancelled options was $5.00 per share. As of June 30, 2015 and 2014, there were no remaining options outstanding related to the plan. There have been no options granted under the Director and Employee Stock Option Plan for the six months ended June 30, 2015 or 2014. There have been 307,573 and 430,600 options exercised during the six months ended June 30, 2015 and 2014, respectively, at a weighted average price of $8.01 and $5.00 per share, respectively. The remaining contractual life of the Director and Employee Stock Options outstanding was none and 1.03 years at June 30, 2015 and 2014, respectively. All options under the Directors and Employee Stock Option Plan were exercisable at June 30, 2014. During the six months ended June 30, 2015, 42,500 of unexercised option under the plan expired and were automatically cancelled. The weighted average exercise price of the cancelled options was $8.40 per share. At June 30, 2014, the weighted average exercise price of the 370,073 shares outstanding under the Director and Employee Stock Option Plan was $7.97. As of June 30, 2015, there were no remaining options outstanding related to the plan. The following tables detail the amount of shares authorized and available under all stock plans as of June 30, 2015: Shares Reserved Less Shares Previously Less Shares Total Shares 2004 Founder Stock Option Plan 150,000 121,900 — — Director and Employee Stock Option Plan 1,434,000 1,220,097 — — 2005 Equity Incentive Plan 1,200,000 929,273 258,000 — 2013 Equity Incentive Plan 750,000 20,000 426,750 303,250

Note 14 - Regulatory Matters

Note 14 - Regulatory Matters	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	(14) Regulatory Matters Capital Bancshares and the Bank are subject to the various regulatory capital requirements administered by federal banking agencies. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, Bancshares and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Failure to meet minimum capital requirements can initiate certain mandatory – and possibly additional discretionary – actions by regulators that, if undertaken, could have a direct material effect on the financial statements of the Company. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulation) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes that as of June 30, 2015 and December 31, 2014, the Company and the Bank met all capital adequacy requirements to which they are subject. At December 31, 2014, the most recent notification from the OCC categorized the Bank as “well-capitalized” under the regulatory framework for prompt corrective action. To generally be categorized as a “well-capitalized” financial institution, the Bank must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios. There are no conditions or events since the notification that management believes have changed the Bank’s categorization. The Company’s and the Bank’s capital ratios as of June 30, 2015 and December 31, 2014 are presented in the table below: Company Bank For Capital For the Bank to be “ Well - Capitalized ” Under (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2015 : Total Risk-Based Capital Ratio $ 69,667 12.42 % $ 66,118 11.78 % $ 44,890 8.00 % $ 56,112 10.00 % Tier 1 Risk-Based Capital Ratio $ 62,633 11.16 % $ 59,083 10.53 % $ 33,668 6.00 % $ 44,890 8.00 % Common Equity Tier 1 Capital Ratio $ 62,633 11.16 % $ 59,083 10.53 % $ 25,251 4.50 % $ 36,473 6.50 % Tier 1 Leverage Ratio $ 62,633 9.80 % $ 59,083 9.24 % $ 25,572 4.00 % $ 31,988 5.00 % December 31, 2014: Total Risk-Based Capital Ratio $ 67,275 13.94 % $ 63,339 13.13 % $ 38,603 8.00 % $ 48,253 10.00 % Tier 1 Risk-Based Capital Ratio $ 61,220 12.69 % $ 57,284 11.87 % $ 19,302 4.00 % $ 28,952 6.00 % Tier 1 Leverage Ratio $ 61,220 10.05 % $ 57,284 9.40 % $ 24,357 4.00 % $ 30,456 5.00 % On July 2, 2013, the Federal Reserve approved the final rules implementing the Basel Committee on Banking Supervision's (“BCBS”) capital guidelines for U.S. banks. Under the final rules, minimum requirements will increase for both the quantity and quality of capital held by the Company. The rules include a new common equity Tier 1 capital to risk-weighted assets ratio of 4.5%. The new rules also require a common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets over each of the required capital ratios that will be phased in from 2016 to 2019 and must be met to avoid limitations the ability of the Bank to pay dividends, repurchase shares or pay discretionary bonuses. The final rules also raise the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0% to 6.0% and require a minimum leverage ratio of 4.0%. The final rules also implement strict eligibility criteria for regulatory capital instruments, excluding trust preferred securities, mortgage servicing rights and certain deferred tax assets, and including unrealized gains and losses on available for sale debt and equity securities. On July 9, 2013, the FDIC and OCC also approved, as an interim final rule, the regulatory capital requirements for U.S. banks, following the actions of the FRB. The FDIC and OCC's rules are identical in substance to the final rules issued by the FRB. The phase-in period for the final rules commenced for the Company and the Bank on January 1, 2015, with full compliance with all of the final rule's requirements phased in over a multi-year schedule. Dividends In the ordinary course of business, Bancshares is dependent upon dividends from the Bank to provide funds for the payment of dividends to stockholders and to provide for other cash requirements. Banking regulations may limit the amount of dividends that may be paid. Approval by regulatory authorities is required if the effect of dividends declared would cause the regulatory capital of the Bank to fall below specified minimum levels. Approval is also required if dividends declared exceed the net profits for that year combined with the retained net profits for the preceding two years. Currently, the Bank is prohibited from paying dividends to Bancshares until such time as the accumulated deficit is eliminated. To date, Bancshares has not paid any cash dividends. Payment of stock or cash dividends in the future will depend upon earnings and financial condition and other factors deemed relevant by Bancshares’ Board of Directors, as well as Bancshares’ legal ability to pay dividends. Accordingly, no assurance can be given that any cash dividends will be declared in the foreseeable future.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and, therefore, do not include all footnotes as would be necessary for a fair presentation of financial position, results of operations and comprehensive income, changes in stockholders’ equity and cash flows in conformity with accounting principles generally accepted in the United States of America (“GAAP”). However, these interim unaudited consolidated financial statements reflect all adjustments (consisting solely of normal recurring adjustments and accruals) which, in the opinion of management, are necessary for a fair presentation of financial position, results of operations and comprehensive income, changes in stockholders’ equity and cash flows for the interim period presented. These unaudited consolidated financial statements have been prepared on a basis consistent with, and should be read in conjunction with, the audited consolidated financial statements as of and for the year ended December 31, 2014, and the notes thereto, included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014 filed with the SEC, under the Securities and Exchange Act of 1934, (the “Exchange Act”). The unaudited consolidated financial statements include the accounts of Bancshares and the Bank. All intercompany accounts and transactions have been eliminated. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results of operations that may be expected for any other interim period or for the year ending December 31, 2015. The Company’s accounting and reporting policies conform to GAAP and to general practices within the banking industry.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Certain assumptions and estimates could prove to be incorrect and cause actual results to differ materially and adversely from the amounts reported in the consolidated financial statements included herewith.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest earning deposits at other financial institutions with original maturities less than 90 days and all highly liquid investments with original maturities of less than 90 days. Cash Flows Cash and cash equivalents include cash, deposits with other financial institutions with maturities fewer than 90 days, and federal funds sold. Net cash flows are reported for loan and deposit transactions, interest bearing deposits in other financial institutions and short-term borrowings.
Marketable Securities, Policy [Policy Text Block]	Investment Securities Investment Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Declines in the fair value of investment securities below their cost that are deemed to be other-than-temporary are reflected in earnings as realized losses to the extent the impairment is related to credit losses. The amount of the impairment related to other factors is recognized in other comprehensive income provided that management does not have the intent to sell the securities and it is more likely than not that management will not have to sell the security before recovery of its cost basis. In estimating other-than-temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method.
Federal Reserve Bank Stock and Federal Home Loan Bank Stock [Policy Text Block]	Federal Reserve Bank Stock and Federal Home Loan Bank Stock The Bank is a member of the Federal Reserve System (“Fed” or “FRB”). FRB stock is carried at cost and is considered a nonmarketable equity security. Cash dividends from the FRB are reported as interest income on an accrual basis. The Bank is a member and stockholder of the capital stock of the Federal Home Loan Bank of San Francisco (“FHLB of San Francisco” or “FHLB”). Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB of San Francisco stock is carried at cost and is considered a nonmarketable equity security. Both cash and stock dividends are reported as interest income.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Loans, net, are stated at the unpaid principal balances less the allowance for loan losses and unamortized deferred fees and costs. Loan origination fees, net of related direct costs, are deferred and accreted to interest income as an adjustment to yield over the respective maturities of the loans using the effective interest method. Interest on loans is accrued as earned on a daily basis, except where reasonable doubt exists as to the collection of interest and principal, in which case the accrual of interest is discontinued and the loan is placed on non-accrual status. Loans are placed on non-accrual at the time principal or interest is 90 days delinquent unless well secured and in the process of collection. Interest on non-accrual loans is accounted for on a cash-basis or cost-recovery method, until qualifying for return to accrual status. In order for a loan to return to accrual status, all principal and interest amounts owed must be brought current and future payments must be reasonably assured. A loan is charged-off at any time the loan is determined to be uncollectible. Collateral dependent loans, which generally include commercial real estate loans, residential loans, and construction and land loans, are typically charged down to their net realizable value when a loan is impaired or on non-accrual status. All other loans are typically charged-off when, based upon current available facts and circumstances, it’s determined that either: (1) a loan is uncollectible, (2) repayment is determined to be protracted beyond a reasonable time frame, or (3) the loan is classified as a loss determined by either the Bank’s internal review process or by external examiners. Loans are considered impaired when, based upon current information and events, it is probable that the Company will be unable to collect all principal and interest amounts due according to the original contractual terms of the loan agreement on a timely basis. The Company evaluates impairment on a loan-by-loan basis. Once a loan is determined to be impaired, the impairment is measured based on the present value of the expected future cash flows discounted at the loan’s effective interest rate or by using the loan’s most recent market value or the fair value of the collateral if the loan is collateral dependent. Loans that experience insignificant payment delays or payment shortfalls are generally not considered to be impaired. When the measurement of an impaired loan is less than the recorded amount of the loan, a valuation allowance is established by recording a charge to the provision for loan losses. Subsequent increases or decreases in the valuation allowance for impaired loans are recorded by adjusting the existing valuation allowance for the impaired loan with a corresponding charge or credit to the provision for loan losses. The Company’s policy for recognizing interest income on impaired loans is the same as that for non-accrual loans.
Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block]	Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, management may grant a concession for other than an insignificant period of time to the borrower that would not otherwise be considered, the related loan is classified as a troubled debt restructuring (“TDR”). Management strives to identify borrowers in financial difficulty early and work with them to modify their loans to more affordable terms before their loan reaches nonaccrual status. Concessions may include interest rate reductions or below market interest rates, principal forgiveness, restructuring amortization schedules and other actions intended to minimize potential losses.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses charged to operations and represents an estimate of probable credit losses inherent in the Company’s loan portfolio that have been incurred as of the balance sheet date. Loan losses are charged against the allowance when management believes that principal is uncollectible. Subsequent repayments or recoveries, if any, are credited to the allowance. Management periodically assesses the adequacy of the allowance for loan losses by reference to many quantitative and qualitative factors that may be weighted differently at various times depending on prevailing conditions. The provisions reflect management’s evaluation of the adequacy of the allowance based, in part, upon the historical loss experience of the loan portfolio, as well as estimates from historical peer group loan loss data and the loss experience of other financial institutions, augmented by management judgment. During this process, loans are separated into the following portfolio segments: commercial loans, commercial real estate, residential, land and construction, and consumer and other loans. The relative significance of risk considerations vary by portfolio segment. For commercial loans, commercial real estate loans and land and construction, the primary risk consideration is a borrower’s ability to generate sufficient cash flows to repay their loan. Secondary considerations include the creditworthiness of guarantors and the valuation of collateral. In addition to the creditworthiness of a borrower, the type and location of real estate collateral is an important risk factor for commercial real estate and land and construction loans. The primary risk consideration for residential loans and consumer loans are a borrower’s personal cash flow and liquidity, as well as collateral value. Loss ratios for all portfolio segments are evaluated on a quarterly basis. Loss ratios associated with historical loss experience are determined based on a rolling migration analysis of each portfolio segment within the portfolio. This migration analysis estimates loss factors based on the performance of each portfolio segment over a four and a half year time period. These loss ratios are then adjusted, if determined necessary, based on other factors including, but not limited to, historical peer group loan loss data and the loss experience of other financial institutions. Management carefully monitors changing economic conditions, the concentrations of loan categories, values of collateral, the financial condition of the borrowers, the history of the loan portfolio, and historical peer group loan loss data to determine the adequacy of the allowance for loan losses. As a part of this process, management typically focuses on loan-to-value (“LTV”) percentages to assess the adequacy of loss ratios of collateral dependent loans within each portfolio segment discussed above, trends within each portfolio segment, as well as general economic and real estate market conditions where the collateral and borrower are located. For loans that are not collateral dependent, which generally consist of commercial and consumer and other loans, management typically focuses on general business conditions where the borrower operates, trends within the portfolio, and other external factors to evaluate the severity of loss factors. The allowance is based on estimates and actual losses may vary from the estimates. In addition, regulatory agencies, as a part of their examination process, periodically review the Bank’s allowance for loan losses, and may require the Bank to make additions to the allowance based on their judgment about information available to them at the time of their examinations. No assurance can be given that adverse future economic conditions will not lead to increased delinquent loans, and increases in the provision for loan losses and/or charge-offs.
Real Estate Owned, Valuation Allowance, Policy [Policy Text Block]	Other Real Estate Owned OREO represents real estate acquired through or in lieu of foreclosure. OREO is held for sale and is initially recorded at fair value less estimated costs of disposition at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of cost or estimated fair value less costs of disposition. OREO is included in accrued interest and other assets within the Consolidated Balance Sheets and the net operating results, if any, from OREO are recognized as non-interest expense within the unaudited Consolidated Statements of Operations and Comprehensive Income.
Property, Plant and Equipment, Policy [Policy Text Block]	Furniture, Fixtures and Equipment, net Leasehold improvements and furniture, fixtures and equipment are carried at cost, less depreciation and amortization. Furniture, fixtures and equipment are depreciated using the straight-line method over the estimated useful life of the asset (three to ten years). Leasehold improvements are depreciated using the straight-line method over the terms of the related leases or the estimated lives of the improvements, whichever is shorter.
Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block]	Advertising Costs Advertising costs are expensed as incurred.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company files consolidated federal and combined state income tax returns. Income tax expense or benefit is the total of the current year income tax payable or refundable and the change in the deferred tax assets and liabilities (excluding deferred tax assets and liabilities related to components of other comprehensive income). Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax basis of assets and liabilities, computed using enacted tax rates. Deferred income tax assets and liabilities are determined using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in the rates and laws. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. The Company records a valuation allowance if it believes, based on all available evidence, that it is “more likely than not” that the future tax assets will not be realized. This assessment requires management to evaluate the Company’s ability to generate sufficient future taxable income or use eligible tax carrybacks, if any, to determine the need for a valuation allowance. At June 30, 2015 and December 31, 2014, the Company did not have any tax benefits disallowed under accounting standards for uncertainties in income taxes. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. If applicable, the Company has elected to record interest accrued and penalties related to unrecognized tax benefits in tax expense.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. However, certain changes in assets and liabilities, such as unrealized gains and losses on Available for Sale securities, are reported as a separate component of the stockholders’ equity section of the Consolidated Balance Sheets and, along with net income, are components of comprehensive income.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share The Company reports both basic and diluted earnings per share. Basic earnings per share is determined by dividing net income by the average number of shares of common stock outstanding, while diluted earnings per share is determined by dividing net income by the average number of shares of common stock outstanding adjusted for the dilutive effect of common stock equivalents. Potential dilutive common shares related to outstanding stock options and restricted stock are determined using the treasury stock method. For the three and six months ended June 30, 2015, there were 274,019 and 312,046, respectively, of weighted average stock options that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2014, there were 350,073 of weighted average stock options that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2015, there were 99,552 and 58,298, respectively, of weighted average restricted shares that were excluded from the diluted earnings per share calculation due to their antidilutive impact . For the three and six months ended June 30, 2014, there were none and 97,860, respectively, of weighted average restricted shares that were excluded from the diluted earnings per share calculation due to their antidilutive impact. Three Months Ended June 30 , Six Months Ended June 30, (dollars in thousands) 20 15 20 14 2015 2014 Net income $ 515 $ 779 $ 830 $ 1,181 Average number of common shares outstanding 9,588,951 9,448,548 9,563,456 9,370,900 Effect of dilution of stock options — 3,351 — 27,653 Effect of dilution of restricted stock 242,278 277,605 254,467 274,513 Average number of common shares outstanding used to calculate diluted earnings per common share 9,831,229 9,729,504 9,817,923 9,673,066
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments The Company is required to make certain disclosures about its use of fair value measurements in the preparation of its financial statements. These standards establish a three-level hierarchy for disclosure of assets and liabilities recorded at fair value. The classification of assets and liabilities within the hierarchy is based on whether the inputs to the valuation methodology used for measurement are observable or unobservable. Observable inputs reflect market-derived or market-based information obtained from independent sources, while unobservable inputs reflect management’s estimates about market data. Level 1 Valuation is based upon quoted prices for identical instruments traded in active markets. Level 1 instruments include securities traded on active exchange markets, such as the New York Stock Exchange, as well as U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets. Level 2 Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 2 instruments include securities traded in less active dealer or broker markets. Level 3 Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The Company has granted restricted stock awards to directors, employees, and a vendor under the Company’s 2005 Amended and Restated Equity Incentive Plan (the “Equity Incentive Plan”) and the 2013 Equity Incentive Plan. The restricted stock awards are considered fixed awards as the number of shares and fair value is known at the date of grant and the fair value at the grant date is amortized over the vesting and/or service period.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In January 2014, the Financial Accounting Standard Board (FASB) issued Accounting Standard Update (ASU) No. 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40) – Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (ASU 2014-04). The amendments of ASU are intended to clarify when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan should be derecognized and the real estate recognized. This ASU is effective for both annual and interim periods beginning after December 15, 2014. The adoption of ASU 2014-04 did not have an impact on its financial statements and disclosures. In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) – Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (ASU 2014-08). The amendments in ASU 2014-08 change the criteria for reporting discontinued operations and improve related disclosures. This ASU also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance. ASU 2014-08 will be effective for annual financial statements with fiscal years beginning on or after December 31, 2014 and interim periods thereafter. The adoption of ASU 2014-08 did not have an impact on its financial statements and disclosures. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40) (ASU 2014-15). The objective of ASU 2014-15 is to define management’s responsibility to evaluate whether there is substantial doubt about an organization’s ability to continue as a going concern and provide related disclosures. Currently, GAAP does not provide guidance to evaluate whether there is substantial doubt regarding an organization’s ability to continue as a going concern. This ASU provides guidance to an organization’s management, with principles and definitions to reduce diversity in the timing and content of financial statement disclosures commonly provided by organizations. ASU 2014-15 is effective for periods ending after December 15, 2016 and interim periods within annual periods beginning after December 15, 2016.

Note 1 - Summary of Significa22

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30 , Six Months Ended June 30, (dollars in thousands) 20 15 20 14 2015 2014 Net income $ 515 $ 779 $ 830 $ 1,181 Average number of common shares outstanding 9,588,951 9,448,548 9,563,456 9,370,900 Effect of dilution of stock options — 3,351 — 27,653 Effect of dilution of restricted stock 242,278 277,605 254,467 274,513 Average number of common shares outstanding used to calculate diluted earnings per common share 9,831,229 9,729,504 9,817,923 9,673,066

Note 2 - Investments (Tables)

Note 2 - Investments (Tables)	6 Months Ended
	Jun. 30, 2015
Investments Schedule [Abstract]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains Losses Value At June 30, 2015: Investments — Available for Sale U.S. Treasuries and Government Agencies $ 28,438 $ 190 $ (5 ) $ 28,623 Corporate Notes 2,009 4 — 2,013 Residential Mortgage-Backed Securities 45,006 172 (265 ) 44,913 Total $ 75,453 $ 366 $ (270 ) $ 75,549 At December 31, 2014: Investments — Available for Sale U.S Treasuries and Government Agencies $ 25,973 $ 160 $ (5 ) $ 26,128 Corporate Notes 2,528 10 — 2,538 Residential Mortgage-Backed Securities 50,913 275 (165 ) 51,023 Total $ 79,414 $ 445 $ (170 ) $ 79,689
Available-for-sale Securities [Table Text Block]	Available for Sale 1 Year or Less Weighted Average Yield After 1 Through 5 Years Weighted Average Yield After 5 Through 10 Years Weighted Average Yield After 10 Years Weighted Average Yield Total Weighted Average Yield U.S. Treasuries and Government Agencies $ — — % $ 16,000 1.73 % $ 12,623 2.06 % $ — — % $ 28,623 1.87 % Corporate Notes 2,013 1.31 — — — — — — 2,013 1.31 Residential Mortgage-Backed Securities — — 458 5.20 20,219 1.44 24,236 1.86 44,913 1.71 Total $ 2,013 1.31 % $ 16,458 1.82 % $ 32,842 1.68 % $ 24,236 1.86 % $ 75,549 1.76 %
Unrealized Gain (Loss) on Investments [Table Text Block]	Less than Twelve Months Twelve Months or More (in thousands) Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value At June 30, 2015: Investments-Available for Sale U.S Treasuries and Government Agencies $ (5 ) $ 2,097 $ — $ — Residential Mortgage-Backed Securities (162 ) 23,555 (103 ) 6,034 At December 31, 2014: Investments-Available for Sale U.S Treasuries and Government Agencies $ (5 ) $ 8,057 $ — $ — Residential Mortgage-Backed Securities (35 ) 11,694 (130 ) 17,651

Note 3 - Loans, Allowance for24

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Tables) [Line Items]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2015 December 31, 2014 Amount Percent Amount Percent (dollars in thousands) Outstanding of Total Outstanding of Total Commercial (1) $ 101,048 19.5 % $ 91,694 20.7 % Commercial real estate 223,035 43.0 % 185,752 42.0 % Residential 112,251 21.6 % 98,806 22.3 % Land and construction 48,893 9.4 % 37,075 8.4 % Consumer and other (2) 33,750 6.5 % 29,458 6.6 % Loans, gross 518,977 100.0 % 442,785 100.0 % Net deferred costs 87 71 Less — allowance for loan losses (8,323 ) (7,599 ) Loans, net $ 510,741 $ 435,257
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other Total Three Months Ended June 30, 2015: Allowance for loan losses: Beginning balance $ 1,768 $ 3,825 $ 757 $ 916 $ 499 $ 7,765 Provision for loan losses — 450 20 55 50 575 Charge-offs — — — — (18 ) (18 ) Recoveries 1 — — — — 1 Ending balance $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 Six Months Ended June 30, 2015 : Allowance for loan losses: Beginning balance $ 1,752 $ 3,825 $ 747 $ 816 $ 459 $ 7,599 Provision for loan losses — 450 30 155 90 725 Charge-offs — — — — (18 ) (18 ) Recoveries 17 — — — — 17 Ending balance $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 As of June 30, 2015: Ending balance: individually evaluated for impairment $ 35 $ — $ — $ — $ — $ 35 Ending balance: collectively evaluated for impairment 1,734 4,275 777 971 531 8,288 Total $ 1,769 $ 4,275 $ 777 $ 971 $ 531 $ 8,323 Loans: Ending balance: individually evaluated for impairment $ 712 $ — $ — $ — $ 48 $ 760 Ending balance: collectively evaluated for impairment 100,336 223,035 112,251 48,893 33,702 518,217 Total $ 101,048 $ 223,035 $ 112,251 $ 48,893 $ 33,750 $ 518,977 Three Months Ended June 30, 2014: Allowance for loan losses: Beginning balance $ 1,579 $ 3,660 $ 778 $ 811 $ 424 $ 7,252 Provision for loan losses 10 140 110 (120 ) (40 ) 100 Charge-offs — — — — — — Recoveries 15 — — — — 15 Ending balance $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 Six Months Ended June 30, 2014: Allowance for loan losses: Beginning balance $ 1,583 $ 3,660 $ 758 $ 811 $ 424 $ 7,236 Provision for loan losses (10 ) 140 130 (120 ) (40 ) 100 Charge-offs — — — — — — Recoveries 31 — — — — 31 Ending balance $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 As of June 30, 2014: Ending balance: individually evaluated for impairment $ 35 $ — $ — $ — $ — $ 35 Ending balance: collectively evaluated for impairment 1,569 3,800 888 691 384 7,332 Total $ 1,604 $ 3,800 $ 888 $ 691 $ 384 $ 7,367 Loans: Ending balance: individually evaluated for impairment $ 899 $ — $ — $ — $ 29 $ 928 Ending balance: collectively evaluated for impairment 77,556 178,576 102,149 29,423 23,960 411,664 Total $ 78,455 $ 178,576 $ 102,149 $ 29,423 $ 23,989 $ 412,592 (in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other Total Allowance for loan losses: Ending balance: individually evaluated for impairment $ 20 $ — $ — $ — $ — $ 20 Ending balance: collectively evaluated for impairment 1,732 3,825 747 816 459 7,579 Total $ 1,752 $ 3,825 $ 747 $ 816 $ 459 $ 7,599 Loans: Ending balance: individually evaluated for impairment $ 632 $ — $ — $ — $ 49 $ 681 Ending balance: collectively evaluated for impairment 91,062 185,752 98,806 37,075 29,409 442,104 Total $ 91,694 $ 185,752 $ 98,806 $ 37,075 $ 29,458 $ 442,785
Past Due Financing Receivables [Table Text Block]	(in thousands) 30-59 Days Past Due 60-89 Days Past Due > 90 Days Past Due Total Past Due Current Total As of June 30, 2015: Commercial $ — $ 100 $ 612 $ 712 $ 100,336 $ 101,048 Commercial real estate — — — — 223,035 223,035 Residential — — — — 112,251 112,251 Land and construction — — — — 48,893 48,893 Consumer and other — — — — 33,750 33,750 Totals $ — $ 100 $ 612 $ 712 $ 518,265 $ 518,977 As of December 31, 2014: Commercial $ — $ 60 $ 572 $ 632 $ 91,062 $ 91,694 Commercial real estate — — — — 185,752 185,752 Residential — — — — 98,806 98,806 Land and construction — — — — 37,075 37,075 Consumer and other — — — — 29,458 29,458 Totals $ — $ 60 $ 572 $ 632 $ 442,153 $ 442,785
Impaired Financing Receivables [Table Text Block]	(in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment As of and for the six months ended June 30, 2015: With no related allowance recorded: Commercial $ 572 $ 848 $ — $ 572 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other 48 48 — 49 With an allowance recorded: Commercial $ 140 $ 155 $ 35 $ 73 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other — — — — Totals: Commercial $ 712 $ 1,003 $ 35 $ 645 Commercial real estate $ — $ — $ — $ — Residential $ — $ — $ — $ — Land and construction $ — $ — $ — $ — Consumer and other $ 48 $ 48 $ — $ 49 As of and for the year ended December 31, 2014: With no related allowance recorded: Commercial $ 572 $ 848 $ — $ 707 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other 49 49 — 36 With an allowance recorded: Commercial $ 60 $ 74 $ 20 $ 106 Commercial real estate — — — — Residential — — — — Land and construction — — — — Consumer and other — — — — Totals: Commercial $ 632 $ 922 $ 20 $ 813 Commercial real estate $ — $ — $ — $ — Residential $ — $ — $ — $ — Land and construction $ — $ — $ — $ — Consumer and other $ 49 $ 49 $ — $ 36
Financing Receivable Credit Quality Indicators [Table Text Block]	(in thousands) Commercial Commercial Real Estate Residential Land and Construction Consumer and Other As of June 30, 2015: Grade: Pass $ 99,560 $ 223,035 $ 112,251 $ 48,893 $ 33,702 Special Mention 127 — — — — Substandard 1,361 — — — 48 Total $ 101,048 $ 223,035 $ 112,251 $ 48,893 $ 33,750 As of December 31, 2014: Grade: Pass $ 90,235 $ 185,201 $ 98,806 $ 37,075 $ 29,409 Special Mention 180 — — — — Substandard 1,279 551 — — 49 Total $ 91,694 $ 185,752 $ 98,806 $ 37,075 $ 29,458
Nonaccrual Loans [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Tables) [Line Items]
Impaired Financing Receivables [Table Text Block]	(dollars in thousands) June 30, 2015 December 31, 2014 Non-accrual loans: Commercial $ 712 $ 632 Total non-accrual loans 712 632 Total non-performing assets $ 712 $ 632 Non-performing assets to gross loans and OREO 0.14 % 0.14 % Non-performing assets to total assets 0.11 % 0.11 %

Note 4 - Derivative Financial25

Note 4 - Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Note 4 - Derivative Financial Instruments (Tables) [Line Items]
Schedule of Derivative Instruments [Table Text Block]	June 30, 2015 December 31, 2014 (in thousands) Notional Amount Estimated Fair Value Notional Amount Estimated Fair Value Non-hedging interest rate derivatives: Commercial loan interest rate swaps $ 2,058 $ (32 ) $ 2,650 $ (23 ) Commercial loan interest rate swaps $ (2,058 ) $ 32 $ (2,650 ) $ 23
Non-Hedging Interest Rate Swaps [Member]
Note 4 - Derivative Financial Instruments (Tables) [Line Items]
Schedule of Derivative Instruments [Table Text Block]	June 30, 2015 Weighted-Average December 31, 2014 Weighted-Average Interest Rate Paid Interest Rate Received Interest Rate Paid Interest Rate Received Non-hedging interest rate swaps 3.44 % 4.96 % 3.37 % 4.85 % Non-hedging interest rate swaps 4.96 % 3.44 % 4.85 % 3.37 %

Note 5 - Comprehensive Income (

Note 5 - Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, (in thousands) 20 15 20 14 2015 2014 Net income $ 515 $ 779 $ 830 $ 1,181 Other comprehensive income (loss): (Decrease) increase in net unrealized gains on investment securities available for sale, net of tax benefit (expense) of $295 and $43 for the three and six months ended June 30, 2015, respectively, and ($263) and ($445) for the three and six months ended June 30, 2014, respectively (422 ) 377 (61 ) 638 Reclassification for net gains included in earnings, net of tax expense of none and $31 for the three and six months ended June 30, 2015, respectively, and $219 and $323 for the three and six months ended June 30, 2014, respectively — (314 ) (44 ) (463 ) Comprehensive income $ 93 $ 842 $ 725 $ 1,356
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2015 2014 2015 2014 Beginning balance $ 479 $ 164 $ 162 $ 52 Other comprehensive income before reclassifications (422 ) 377 (61 ) 638 Amounts reclassified from accumulated other comprehensive income — (314 ) (44 ) (463 ) Net other comprehensive income (loss) (422 ) 63 (105 ) 175 Ending balance $ 57 $ 227 $ 57 $ 227

Note 6 - Premises and Equipme27

Note 6 - Premises and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	(in thousands) June 30, 2015 December 31, 2014 Leasehold improvements $ 1,881 $ 1,537 Furniture & equipment 3,106 2,803 Software 857 847 Total 5,844 5,187 Accumulated depreciation (4,001 ) (3,727 ) Premises and equipment, net $ 1,843 $ 1,460

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Deposits [Table Text Block]	June 30, 2015 December 31, 2014 (dollars in thousands) Amount % of Total Amount % of Total Non-interest bearing demand deposits $ 344,043 59.2 % $ 282,217 56.1 % Interest bearing checking 27,239 4.7 % 25,492 5.1 % Money market deposits and savings 161,081 27.7 % 154,706 30.7 % Certificates of deposit 48,535 8.4 % 40,757 8.1 % Total $ 580,898 100.0 % $ 503,172 100.0 %
Schedule of Certificates of Deposit [Table Text Block]	(in thousands) Six months and less Greater than six months through one year Greater than one year 0.00% to 0.99% $ 48,222 $ 204 $ 69 1.00% to 1.99% 12 — 28 Total $ 48,234 $ 204 $ 97

Note 8 - Other Borrowings (Tabl

Note 8 - Other Borrowings (Tables)	6 Months Ended
	Jun. 30, 2015
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]
Schedule of Debt [Table Text Block]	Maturity Date Interest Rate June 30, 2015 December 31, 2014 May 26, 2015 1.65% $ — $ 2,500 May 23, 2016 2.07% 2,500 2,500 December 29, 2016 1.38% 5,000 5,000 December 30, 2016 1.25% 2,500 2,500 May 2, 2018 0.93% 5,000 5,000 Total Total $ 15,000 $ 17,500

Note 9 - Commitments and Cont30

Note 9 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Years ending December 31, 2015 (July-December) $ 483 2016 985 2017 1,015 2018 1,046 2019 834 Thereafter 3,600 Total $ 7,963
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]	Years ending December 31, 2015 (July-December) $ 530 2016 707 2017 525 2018 323 2019 184 Thereafter 153 Total $ 2,422

Note 10 - Fair Value Measurem31

Note 10 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using (in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2015: Investments-Available for Sale U.S. Treasuries and Government Agencies $ 28,623 $ 3,898 $ 24,725 $ — Corporate Notes 2,013 — 2,013 — Residential Mortgage-Backed Securities 44,913 — 44,913 — Derivative Assets – 32 — 32 — Derivative Liabilities – 32 — 32 — At December 31, 2014: Investments-Available for Sale U.S. Treasuries and Government Agencies $ 26,128 $ 3,885 $ 22,243 $ — Corporate Notes 2,538 — 2,538 — Residential Mortgage-Backed Securities 51,023 — 51,023 — Derivative Assets – 23 — 23 — Derivative Liabilities – 23 — 23 —
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Using (in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) At June 30, 2015: Impaired loans Commercial $ 677 $ — $ — $ 677 At December 31, 2014: Impaired loans Commercial $ 612 $ — $ — $ 612

Note 11 - Estimated Fair Valu32

Note 11 - Estimated Fair Value Information (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Value Measurements Using: (dollars in thousands) Amount Level 1 Level 2 Level 3 Total As of June 30, 2015 Assets Cash and cash equivalents $ 62,510 $ 62,510 $ — $ — $ 62,510 Investment securities 75,549 3,898 71,651 — 75,549 FRB stock 1,729 — — — N/A FHLB stock 3,167 — — — N/A Loans, net 510,741 — — 510,827 510,827 Non-hedging interest rate swaps 32 — 32 — 32 Accrued interest receivable 1,537 1,537 — — 1,537 Liabilities Non-interest bearing deposits $ 344,043 $ 344,043 $ — $ — $ 344,043 Interest bearing deposits 236,855 188,320 48,535 — 236,855 Other borrowings 15,000 — 15,051 — 15,051 Non-hedging interest rate swaps 32 — 32 — 32 Accrued interest payable 12 12 — — 12 As of December 31, 2014 Assets Cash and cash equivalents $ 58,464 $ 58,464 $ — $ — $ 58,464 Investment securities 79,689 3,885 75,804 — 79,689 FRB stock 1,655 — — — N/A FHLB stock 3,167 — — — N/A Loans, net 435,257 — — 433,588 433,588 Non-hedging interest rate swaps 23 — 23 — 23 Accrued interest receivable 1,418 1,418 — — 1,418 Liabilities Non-interest bearing deposits $ 282,217 $ 282,217 $ — $ — $ 282,217 Interest bearing deposits 220,955 180,198 40,757 — 220,955 Other borrowings 17,500 — 17,551 — 17,551 Non-hedging interest rate swaps 23 — 23 — 23 Accrued interest payable 23 23 — — 23

Note 12 - Non-Interest Income (

Note 12 - Non-Interest Income (Tables)	6 Months Ended
	Jun. 30, 2015
Other Income and Expenses [Abstract]
Schedule of Non-Interest Income [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, (in thousands) 2015 2014 2015 2014 Gain on sale of AFS investment securities $ — $ 533 $ 75 $ 786 Service charges and other operating income 108 190 263 302 Total non-interest income $ 108 $ 723 $ 338 $ 1,088

Note 13 - Stock-Based Compens34

Note 13 - Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Six Months Ended June 30, 2015 2014 Restricted Shares Number Weighted Avg Fair Value at Date Number Weighted Avg Fair Value at Date Beginning balance 615,875 $ 5.92 529,529 $ 4.62 Granted 218,750 6.98 228,000 7.63 Vested (149,875 ) 4.85 (93,750 ) 4.01 Forfeited and surrendered — — — — Ending balance 684,750 $ 6.49 663,779 $ 5.74
Schedule of Share-based Compensation, Shares Authorized Under Stock Option Plans [Table Text Block]	Shares Reserved Less Shares Previously Less Shares Total Shares 2004 Founder Stock Option Plan 150,000 121,900 — — Director and Employee Stock Option Plan 1,434,000 1,220,097 — — 2005 Equity Incentive Plan 1,200,000 929,273 258,000 — 2013 Equity Incentive Plan 750,000 20,000 426,750 303,250

Note 14 - Regulatory Matters (T

Note 14 - Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Company Bank For Capital For the Bank to be “ Well - Capitalized ” Under (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio June 30, 2015 : Total Risk-Based Capital Ratio $ 69,667 12.42 % $ 66,118 11.78 % $ 44,890 8.00 % $ 56,112 10.00 % Tier 1 Risk-Based Capital Ratio $ 62,633 11.16 % $ 59,083 10.53 % $ 33,668 6.00 % $ 44,890 8.00 % Common Equity Tier 1 Capital Ratio $ 62,633 11.16 % $ 59,083 10.53 % $ 25,251 4.50 % $ 36,473 6.50 % Tier 1 Leverage Ratio $ 62,633 9.80 % $ 59,083 9.24 % $ 25,572 4.00 % $ 31,988 5.00 % December 31, 2014: Total Risk-Based Capital Ratio $ 67,275 13.94 % $ 63,339 13.13 % $ 38,603 8.00 % $ 48,253 10.00 % Tier 1 Risk-Based Capital Ratio $ 61,220 12.69 % $ 57,284 11.87 % $ 19,302 4.00 % $ 28,952 6.00 % Tier 1 Leverage Ratio $ 61,220 10.05 % $ 57,284 9.40 % $ 24,357 4.00 % $ 30,456 5.00 %

Note 1 - Summary of Significa36

Note 1 - Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Unrecognized Tax Benefits (in Dollars)	$ 0		$ 0		$ 0
Employee Stock Option [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	274,019	350,073	312,046	350,073
Restricted Stock [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	99,552	0	58,298	97,860
Minimum [Member] | Furniture and Fixtures [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life			3 years
Maximum [Member] | Furniture and Fixtures [Member]
Note 1 - Summary of Significant Accounting Policies (Details) [Line Items]
Property, Plant and Equipment, Useful Life			10 years

Note 1 - Summary of Significa37

Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share [Line Items]
Net income (in Dollars)	$ 515	$ 779	$ 830	$ 1,181
Average number of common shares outstanding	9,588,951	9,448,548	9,563,456	9,370,900
Average number of common shares outstanding used to calculate diluted earnings per common share	9,831,229	9,729,504	9,817,923	9,673,066
Employee Stock Option [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share [Line Items]
Effect of dilution of stock		3,351		27,653
Restricted Stock [Member]
Note 1 - Summary of Significant Accounting Policies (Details) - Earnings Per Share [Line Items]
Effect of dilution of stock	242,278	277,605	254,467	274,513

Note 2 - Investments (Details)

Note 2 - Investments (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Note 2 - Investments (Details) [Line Items]
Trading Securities	$ 0		$ 0		$ 0	$ 0
Held-to-maturity Securities	0		0			0
Interest-bearing Domestic Deposit, Certificates of Deposits	$ 48,535,000		$ 48,535,000			$ 40,757,000
Available-for-sale Securities, Weighted Average Life			3 years 69 days
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	27		27			26
Available-for-sale Securities, Sold During Period, Amortized Cost	$ 0	$ 28,600,000	$ 5,900,000	$ 43,400,000
Available-for-sale Securities, Gross Realized Gains		$ 533,000	75,000	$ 786,000
From California Treasurer's Office [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale Securities Pledged as Collateral	50,600,000		50,600,000			$ 41,800,000
Interest-bearing Domestic Deposit, Certificates of Deposits	46,000,000		46,000,000			38,000,000
To California Treasurer's Office [Member]
Note 2 - Investments (Details) [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 55,900,000		$ 55,900,000			$ 48,400,000

Note 2 - Investments (Details)

Note 2 - Investments (Details) - Available-for-sale Securities - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments — Available for Sale
Available for sale investments, amortized cost	$ 75,453	$ 79,414
Available for sale investments, gross unrealized gains	366	445
Available for sale investments, gross unrealized losses	(270)	(170)
Available for sale investments, fair value	75,549	79,689
US Treasury and Government [Member]
Investments — Available for Sale
Available for sale investments, amortized cost	28,438	25,973
Available for sale investments, gross unrealized gains	190	160
Available for sale investments, gross unrealized losses	(5)	(5)
Available for sale investments, fair value	28,623	26,128
Corporate Note Securities [Member]
Investments — Available for Sale
Available for sale investments, amortized cost	2,009	2,528
Available for sale investments, gross unrealized gains	4	10
Available for sale investments, fair value	2,013	2,538
Residential Mortgage Backed Securities [Member]
Investments — Available for Sale
Available for sale investments, amortized cost	45,006	50,913
Available for sale investments, gross unrealized gains	172	275
Available for sale investments, gross unrealized losses	(265)	(165)
Available for sale investments, fair value	$ 44,913	$ 51,023

Note 2 - Investments (Details40

Note 2 - Investments (Details) - Available-for-sale Securities by Contractual Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, 1 year or less	$ 2,013
Available for sale investments, weighted average yield	1.76%
Available for sale investments, after 1 through 5 years	$ 16,458
Available for sale investments, after 5 through 10 years	32,842
Available for sale investments, after 10 years	24,236
Available for sale investments, fair value	$ 75,549	$ 79,689
US Treasury and Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.87%
Available for sale investments, after 1 through 5 years	$ 16,000
Available for sale investments, after 5 through 10 years	12,623
Available for sale investments, fair value	28,623	26,128
Corporate Note Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, 1 year or less	$ 2,013
Available for sale investments, weighted average yield	1.31%
Available for sale investments, fair value	$ 2,013	2,538
Residential Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.71%
Available for sale investments, after 1 through 5 years	$ 458
Available for sale investments, after 5 through 10 years	20,219
Available for sale investments, after 10 years	24,236
Available for sale investments, fair value	$ 44,913	$ 51,023
One Year or Less [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.31%
One Year or Less [Member] | Corporate Note Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.31%
After One Through Five Years [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.82%
After One Through Five Years [Member] | US Treasury and Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.73%
After One Through Five Years [Member] | Residential Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	5.20%
After Five Through Ten Years [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.68%
After Five Through Ten Years [Member] | US Treasury and Government [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	2.06%
After Five Through Ten Years [Member] | Residential Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.44%
After Ten Years [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.86%
After Ten Years [Member] | Residential Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Available for sale investments, weighted average yield	1.86%

Note 2 - Investments (Details41

Note 2 - Investments (Details) - Securities in a Continuous Loss Position - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
US Treasury and Government [Member]
Investments-Available for Sale
Available for sale investments, less than twelve months, gross unrealized losses	$ (5)	$ (5)
Available for sale investments, less than twelve months, fair value	2,097	8,057
Residential Mortgage Backed Securities [Member]
Investments-Available for Sale
Available for sale investments, less than twelve months, gross unrealized losses	(162)	(35)
Available for sale investments, less than twelve months, fair value	23,555	11,694
Available for sale investments, twelve months or more, gross unrealized losses	(103)	(130)
Available for sale investments, twelve months or more, fair value	$ 6,034	$ 17,651

Note 3 - Loans, Allowance for42

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Percentage of Loan Portfolio Secured by Real Estate	83.80%		83.80%		83.50%
Unsecured Commercial Loan Balances	$ 27,100,000		$ 27,100,000		$ 25,100,000
Unsecured Consumer and Other Loan Balances	$ 7,100,000		7,100,000		$ 5,100,000
Additions to Non-performing Loans			$ 100,000	$ 0
Nonperforming Loans to Gross Loans	0.14%		0.14%		0.14%
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 0		$ 0		$ 0
Loans and Leases Receivable, Gross	518,977,000	$ 412,592,000	518,977,000	412,592,000	442,785,000
Impaired Financing Receivable, Average Recorded Investment	707,000	939,000	694,000	946,000
Financing Receivable, Recorded Investment, Nonaccrual Status	712,000		712,000		632,000
Impaired Financing Receivable, Interest Income, Accrual Method	$ 1,000	$ 3,000	$ 1,000	$ 5,000
Financing Receivable, Modifications, Number of Contracts	0	0	0	0
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	$ 0	$ 0	$ 0	$ 0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0	0	0
Doubtful [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Loans and Leases Receivable, Gross	$ 0		$ 0		0
Unlikely to be Collected Financing Receivable [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Loans and Leases Receivable, Gross	0		0		0
Impaired Loans [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	712,000		712,000		632,000
Commitments to Extend Credit [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Other Commitment	149,700,000		149,700,000		146,400,000
Standby Letters of Credit [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Other Commitment	2,600,000		2,600,000		2,700,000
Unfunded Lending Commitments [Member]
Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) [Line Items]
Unfunded Lending Commitments, Allowance	$ 345,000		$ 345,000		$ 320,000

Note 3 - Loans, Allowance for43

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Loans Outstanding - USD ($) $ in Thousands		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross		$ 518,977		$ 442,785
Loans, gross, percent of total		100.00%		100.00%
Net deferred costs		$ 87		$ 71
Less — allowance for loan losses		(8,323)	$ (7,765)	(7,599)	$ (7,367)	$ (7,252)	$ (7,236)
Loans, net		510,741		435,257
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	[1]	$ 101,048		$ 91,694
Loans, gross, percent of total	[1]	19.50%		20.70%
Less — allowance for loan losses		$ (1,769)	(1,768)	$ (1,752)	(1,604)	(1,579)	(1,583)
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross		$ 223,035		$ 185,752
Loans, gross, percent of total		43.00%		42.00%
Less — allowance for loan losses		$ (4,275)	(3,825)	$ (3,825)	(3,800)	(3,660)	(3,660)
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross		$ 112,251		$ 98,806
Loans, gross, percent of total		21.60%		22.30%
Less — allowance for loan losses		$ (777)	(757)	$ (747)	(888)	(778)	(758)
Land and Construction Portfolio Segment[Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross		$ 48,893		$ 37,075
Loans, gross, percent of total		9.40%		8.40%
Less — allowance for loan losses		$ (971)	(916)	$ (816)	(691)	(811)	(811)
Consumer and Other Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, gross	[2]	$ 33,750		$ 29,458
Loans, gross, percent of total	[2]	6.50%		6.60%
Less — allowance for loan losses		$ (531)	$ (499)	$ (459)	$ (384)	$ (424)	$ (424)
[1]	Unsecured commercial loan balances were $27.1 million and $25.1 million at June 30, 2015 and December 31, 2014, respectively.
[2]	Unsecured consumer and other loan balances were $7.1 million and $5.1 million at June 30, 2015 and December 31, 2014, respectively.

Note 3 - Loans, Allowance for44

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Activities in Allowance for Loan Losses and Recorded Investment in Loans - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Allowance for loan losses:
Beginning balance	$ 7,765	$ 7,252	$ 7,599	$ 7,236
Provision for loan losses	575	100	725	100
Charge-offs	(18)	0	(18)	0
Recoveries	1	15	17	31
Ending balance	8,323	7,367	8,323	7,367
As of June 30, 2015:
Ending balance: individually evaluated for impairment			35	35	$ 20
Ending balance: collectively
Ending balance: collectively evaluated for impairment			8,288	7,332	7,579
Total	8,323	7,252	8,323	7,367	7,599
Loans:
Ending balance: individually evaluated for impairment			760	928	681
Ending balance: collectively
Ending balance: collectively evaluated for impairment			518,217	411,664	442,104
Financing Receivable-Total			518,977	412,592	442,785
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	1,768	1,579	1,752	1,583
Provision for loan losses	0	10	0	(10)
Charge-offs	0	0	0	0
Recoveries	1	15	17	31
Ending balance	1,769	1,604	1,769	1,604
As of June 30, 2015:
Ending balance: individually evaluated for impairment			35	35	20
Ending balance: collectively
Ending balance: collectively evaluated for impairment			1,734	1,569	1,732
Total	1,768	1,579	1,769	1,604	1,752
Loans:
Ending balance: individually evaluated for impairment			712	899	632
Ending balance: collectively
Ending balance: collectively evaluated for impairment			100,336	77,556	91,062
Financing Receivable-Total			101,048	78,455	91,694
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	3,825	3,660	3,825	3,660
Provision for loan losses	450	140	450	140
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	4,275	3,800	4,275	3,800
As of June 30, 2015:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			4,275	3,800	3,825
Total	3,825	3,660	4,275	3,800	3,825
Loans:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			223,035	178,576	185,752
Financing Receivable-Total			223,035	178,576	185,752
Residential Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	757	778	747	758
Provision for loan losses	20	110	30	130
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	777	888	777	888
As of June 30, 2015:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			777	888	747
Total	757	778	777	888	747
Loans:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			112,251	102,149	98,806
Financing Receivable-Total			112,251	102,149	98,806
Land and Construction Portfolio Segment[Member]
Allowance for loan losses:
Beginning balance	916	811	816	811
Provision for loan losses	55	(120)	155	(120)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Ending balance	971	691	971	691
As of June 30, 2015:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			971	691	816
Total	916	811	971	691	816
Loans:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			48,893	29,423	37,075
Financing Receivable-Total			48,893	29,423	37,075
Consumer and Other Portfolio Segment [Member]
Allowance for loan losses:
Beginning balance	499	424	459	424
Provision for loan losses	50	(40)	90	(40)
Charge-offs	(18)	0	(18)	0
Recoveries	0	0	0	0
Ending balance	531	384	531	384
As of June 30, 2015:
Ending balance: individually evaluated for impairment			0	0	0
Ending balance: collectively
Ending balance: collectively evaluated for impairment			531	384	459
Total	$ 499	$ 424	531	384	459
Loans:
Ending balance: individually evaluated for impairment			48	29	49
Ending balance: collectively
Ending balance: collectively evaluated for impairment			33,702	23,960	29,409
Financing Receivable-Total			$ 33,750	$ 23,989	$ 29,458

Note 3 - Loans, Allowance for45

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Aging Analysis of Past Due Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	$ 712	$ 632
Financing Receivable-Current	518,265	442,153
Financing Receivable-Total	518,977	442,785	$ 412,592
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	100	60
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	612	572
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	712	632
Financing Receivable-Current	100,336	91,062
Financing Receivable-Total	101,048	91,694	78,455
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	100	60
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Past Due	612	572
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Current	223,035	185,752
Financing Receivable-Total	223,035	185,752	178,576
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Current	112,251	98,806
Financing Receivable-Total	112,251	98,806	102,149
Land and Construction Portfolio Segment[Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Current	48,893	37,075
Financing Receivable-Total	48,893	37,075	29,423
Consumer and Other Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing Receivable-Current	33,750	29,458
Financing Receivable-Total	$ 33,750	$ 29,458	$ 23,989

Note 3 - Loans, Allowance for46

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Nonaccrual Loans and Other Real Estate Owned - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Non-accrual loans:
Non-accrual loans	$ 712	$ 632
Total non-performing assets	$ 712	$ 632
Non-performing assets to gross loans and OREO	0.14%	0.14%
Non-performing assets to total assets	0.11%	0.11%
Commercial Portfolio Segment [Member]
Non-accrual loans:
Non-accrual loans	$ 712	$ 632

Note 3 - Loans, Allowance for47

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Credit Exposure by Internally Assigned Grades - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Grade:
Loans	$ 518,977	$ 442,785	$ 412,592
Commercial Portfolio Segment [Member]
Grade:
Loans	101,048	91,694	78,455
Commercial Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	99,560	90,235
Commercial Portfolio Segment [Member] | Special Mention [Member]
Grade:
Loans	127	180
Commercial Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	1,361	1,279
Commercial Real Estate Portfolio Segment [Member]
Grade:
Loans	223,035	185,752	178,576
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	223,035	185,201
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans		551
Residential Portfolio Segment [Member]
Grade:
Loans	112,251	98,806	102,149
Residential Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	112,251	98,806
Land and Construction Portfolio Segment[Member]
Grade:
Loans	48,893	37,075	29,423
Land and Construction Portfolio Segment[Member] | Pass [Member]
Grade:
Loans	48,893	37,075
Consumer and Other Portfolio Segment [Member]
Grade:
Loans	33,750	29,458	$ 23,989
Consumer and Other Portfolio Segment [Member] | Pass [Member]
Grade:
Loans	33,702	29,409
Consumer and Other Portfolio Segment [Member] | Substandard [Member]
Grade:
Loans	$ 48	$ 49

Note 3 - Loans, Allowance for48

Note 3 - Loans, Allowance for Loan Losses, and Non-Performing Assets (Details) - Impaired Loans - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Totals:
Impaired loans - average recorded investment	$ 707,000	$ 939,000	$ 694,000	$ 946,000
Commercial Portfolio Segment [Member]
With no related allowance recorded:
Impaired loans no related allowance - recorded investment	572,000		572,000		$ 572,000
Impaired loans no related allowance - unpaid principal balance	848,000		848,000		848,000
Impaired loans no related allowance - average recorded investment			572,000		707,000
With an allowance recorded:
Impaired loans related allowance - recorded investment	140,000		140,000		60,000
Impaired loans related allowance - unpaid principal balance	155,000		155,000		74,000
Impaired loans - related allowance	35,000		35,000		20,000
Impaired loans related allowance - average recorded investment			73,000		106,000
Totals:
Impaired loans - recorded investment	712,000		712,000		632,000
Impaired loans - unpaid principal balance	1,003,000		1,003,000		922,000
Impaired loans - related allowance	35,000		35,000		20,000
Impaired loans - average recorded investment			645,000		813,000
Consumer and Other Portfolio Segment [Member]
With no related allowance recorded:
Impaired loans no related allowance - recorded investment	48,000		48,000		49,000
Impaired loans no related allowance - unpaid principal balance	48,000		48,000		49,000
Impaired loans no related allowance - average recorded investment			49,000		36,000
Totals:
Impaired loans - recorded investment	48,000		48,000		49,000
Impaired loans - unpaid principal balance	$ 48,000		48,000		49,000
Impaired loans - average recorded investment			$ 49,000		$ 36,000

Note 4 - Derivative Financial49

Note 4 - Derivative Financial Instruments (Details) - Interest Rate Derivative Contracts - Commercial Loan Interest Rate Swaps [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Non-hedging interest rate derivatives:
Commercial loan interest rate swaps	$ 2,058	$ 2,650
Commercial loan interest rate swaps	(32)	(23)
Commercial loan interest rate swaps	(2,058)	(2,650)
Commercial loan interest rate swaps	$ 32	$ 23

Note 4 - Derivative Financial50

Note 4 - Derivative Financial Instruments (Details) - Weighted Average Interest Rates on Interest Rate Swaps	Jun. 30, 2015	Dec. 31, 2014
Non-Hedging Interest Rate Swap 1 [Member]
Derivative [Line Items]
Derivative interest rate paid	3.44%	3.37%
Derivative interest rate received	4.96%	4.85%
Non-Hedging Interest Rate Swap 2 [Member]
Derivative [Line Items]
Derivative interest rate paid	4.96%	4.85%
Derivative interest rate received	3.44%	3.37%

Note 5 - Comprehensive Income51

Note 5 - Comprehensive Income (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Non Interest Income [Member]
Note 5 - Comprehensive Income (Details) [Line Items]
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	$ 0	$ 533,000	$ 75,000	$ 786,000
Income Tax Provision [Member]
Note 5 - Comprehensive Income (Details) [Line Items]
Other Comprehensive Income (Loss), Tax	$ 0	$ 219,000	$ 31,000	$ 323,000

Note 5 - Comprehensive Income52

Note 5 - Comprehensive Income (Details) - Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Comprehensive Income [Abstract]
Net income	$ 515	$ 779	$ 830	$ 1,181
Other comprehensive income (loss):
(Decrease) increase in net unrealized gains on investment securities available for sale, net of tax benefit (expense) of $295 and $43 for the three and six months ended June 30, 2015, respectively, and ($263) and ($445) for the three and six months ended June 30, 2014, respectively	(422)	377	(61)	638
Reclassification for net gains included in earnings, net of tax expense of none and $31 for the three and six months ended June 30, 2015, respectively, and $219 and $323 for the three and six months ended June 30, 2014, respectively		(314)	(44)	(463)
Comprehensive income	$ 93	$ 842	$ 725	$ 1,356

Note 5 - Comprehensive Income53

Note 5 - Comprehensive Income (Details) - Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Comprehensive Income [Abstract]
Net unrealized gains on investment securities available for sale, tax benefit (expense)	$ 295	$ (263)	$ 43	$ (445)
Reclassification for net gains included in earnings, tax	$ 0	$ 219	$ 31	$ 323

Note 5 - Comprehensive Income54

Note 5 - Comprehensive Income (Details) - Accumulated Other Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income [Abstract]
Beginning balance	$ 479	$ 164	$ 162	$ 52
Other comprehensive income before reclassifications	(422)	377	(61)	638
Amounts reclassified from accumulated other comprehensive income		(314)	(44)	(463)
Net other comprehensive income (loss)	(422)	63	(105)	175
Ending balance	$ 57	$ 227	$ 57	$ 227

Note 6 - Premises and Equipme55

Note 6 - Premises and Equipment (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Abstract]
Depreciation, Depletion and Amortization	$ 151,000	$ 121,000	$ 303,000	$ 244,000

Note 6 - Premises and Equipme56

Note 6 - Premises and Equipment (Details) - Premises and Equipment - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Premises and equipment	$ 5,844	$ 5,187
Accumulated depreciation	(4,001)	(3,727)
Premises and equipment, net	1,843	1,460
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment	1,881	1,537
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment	3,106	2,803
Software and Software Development Costs [Member]
Property, Plant and Equipment [Line Items]
Premises and equipment	$ 857	$ 847

Note 7 - Deposits (Details)

Note 7 - Deposits (Details) $ in Thousands	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 7 - Deposits (Details) [Line Items]
Interest-bearing Domestic Deposit, Certificates of Deposits	$ 48,535	$ 40,757
Percentage of Interest-bearing Domestic Deposits to Deposits, Certificates of Deposit	8.40%	8.10%
Time Deposit of 250000 or Greater	$ 46,572	$ 38,572
From California Treasurer's Office [Member]
Note 7 - Deposits (Details) [Line Items]
Number of Deposits	3	2
Interest-bearing Domestic Deposit, Certificates of Deposits	$ 46,000	$ 38,000
Percentage of Interest-bearing Domestic Deposits to Deposits, Certificates of Deposit	7.90%	7.60%
Available-for-sale Securities Pledged as Collateral	$ 50,600	$ 41,800

Note 7 - Deposits (Details) - D

Note 7 - Deposits (Details) - Deposits by Category - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Deposits by Category [Abstract]
Non-interest bearing demand deposits	$ 344,043	$ 282,217
Non-interest bearing demand deposits	59.20%	56.10%
Interest bearing checking	$ 27,239	$ 25,492
Interest bearing checking	4.70%	5.10%
Money market deposits and savings	$ 161,081	$ 154,706
Money market deposits and savings	27.70%	30.70%
Certificates of deposit	$ 48,535	$ 40,757
Certificates of deposit	8.40%	8.10%
Total	$ 580,898	$ 503,172
Total	100.00%	100.00%

Note 7 - Deposits (Details) - C

Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	$ 48,535	$ 40,757
Minimum [Member] | Range 1 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Interest rates	0.00%
Minimum [Member] | Range 2 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Interest rates	1.00%
Maximum [Member] | Range 1 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Interest rates	0.99%
Maximum [Member] | Range 2 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Interest rates	1.99%
Six Months and Less [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	$ 48,234
Six Months and Less [Member] | Range 1 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	48,222
Six Months and Less [Member] | Range 2 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	12
Greater Than Six Months Through One Year [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	204
Greater Than Six Months Through One Year [Member] | Range 1 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	204
Greater Than One Year [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	97
Greater Than One Year [Member] | Range 1 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	69
Greater Than One Year [Member] | Range 2 [Member]
Note 7 - Deposits (Details) - Certificates of Deposit by Interest Rate and Maturity [Line Items]
Certificates of deposit	$ 28

Note 8 - Other Borrowings (Deta

Note 8 - Other Borrowings (Details) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
FHLB [Member]
Note 8 - Other Borrowings (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 154,200,000	$ 146,000,000
Long-term Federal Home Loan Bank Advances, Noncurrent	15,000,000	17,500,000
Short-Term Overnight Borrowing [Member]
Note 8 - Other Borrowings (Details) [Line Items]
Long-term Line of Credit	0	0
Federal Line of Credit [Member]
Note 8 - Other Borrowings (Details) [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	27,000,000	27,000,000
Federal Line of Credit [Member] | Corporate Note Securities [Member]
Note 8 - Other Borrowings (Details) [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 2,000,000	$ 2,500,000

Note 8 - Other Borrowings (De61

Note 8 - Other Borrowings (Details) - Long-term Borrowings - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate
FHLB outstanding balance	$ 15,000	$ 17,500
May 26, 2015 Maturity Date [Member]
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate	1.65%
FHLB outstanding balance		2,500
May 23, 2016 Maturity Date [Member]
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate	2.07%
FHLB outstanding balance	$ 2,500	2,500
December 29, 2016 Maturity Date [Member]
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate	1.38%
FHLB outstanding balance	$ 5,000	5,000
December 30, 2016 Maturity Date [Member]
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate	1.25%
FHLB outstanding balance	$ 2,500	2,500
May 2, 2018 Maturity Date [Member]
Note 8 - Other Borrowings (Details) - Long-term Borrowings [Line Items]
FHLB interest rate	0.93%
FHLB outstanding balance	$ 5,000	$ 5,000

Note 9 - Commitments and Cont62

Note 9 - Commitments and Contingencies (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Note 9 - Commitments and Contingencies (Details) [Line Items]
Operating Leases, Rent Expense	$ 266,000	$ 220,000	$ 532,000	$ 417,000
Credit Cards [Member]
Note 9 - Commitments and Contingencies (Details) [Line Items]
Other Commitment	154,000		154,000		$ 136,000
Commitments to Extend Credit [Member]
Note 9 - Commitments and Contingencies (Details) [Line Items]
Other Commitment	149,700,000		149,700,000		146,400,000
Standby Letters of Credit [Member]
Note 9 - Commitments and Contingencies (Details) [Line Items]
Other Commitment	$ 2,600,000		$ 2,600,000		$ 2,700,000

Note 9 - Commitments and Cont63

Note 9 - Commitments and Contingencies (Details) - Minimum Future Rental Payments $ in Thousands	Jun. 30, 2015USD ($)
Minimum Future Rental Payments [Abstract]
2015 (July-December)	$ 483
2,016	985
2,017	1,015
2,018	1,046
2,019	834
Thereafter	3,600
Total	$ 7,963

Note 9 - Commitments and Cont64

Note 9 - Commitments and Contingencies (Details) - Future Restricted Stock Expense $ in Thousands	Jun. 30, 2015USD ($)
Future Restricted Stock Expense [Abstract]
2015 (July-December)	$ 530
2,016	707
2,017	525
2,018	323
2,019	184
Thereafter	153
Total	$ 2,422

Note 10 - Fair Value Measurem65

Note 10 - Fair Value Measurements (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Note 10 - Fair Value Measurements (Details) [Line Items]
Available-for-sale Securities	$ 75,549	$ 79,689
Available-for-sale Securities, Weighted Average Life	3 years 69 days
Residential Mortgage Backed Securities [Member]
Note 10 - Fair Value Measurements (Details) [Line Items]
Available-for-sale Securities, Weighted Average Interest Rate	1.71%	1.82%
Available-for-sale Securities, Weighted Average Life	3 years 69 days	3 years 233 days
Fair Value, Inputs, Level 2 [Member]
Note 10 - Fair Value Measurements (Details) [Line Items]
Available-for-sale Securities	$ 71,651	$ 75,804
Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member]
Note 10 - Fair Value Measurements (Details) [Line Items]
Available-for-sale Securities	$ 44,900	$ 51,000

Note 10 - Fair Value Measurem66

Note 10 - Fair Value Measurements (Details) - Assets and Liabilities Measured on Recurring Basis - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments-Available for Sale
Derivative assets – interest rate swaps	$ 32	$ 23
Derivative liabilities – interest rate swaps	32	23
US Government Agencies Debt Securities [Member]
Investments-Available for Sale
Available for sale investments	28,623	26,128
Corporate Note Securities [Member]
Investments-Available for Sale
Available for sale investments	2,013	2,538
Residential Mortgage Backed Securities [Member]
Investments-Available for Sale
Available for sale investments	44,913	51,023
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Investments-Available for Sale
Available for sale investments	3,898	3,885
Fair Value, Inputs, Level 2 [Member]
Investments-Available for Sale
Derivative assets – interest rate swaps	32	23
Derivative liabilities – interest rate swaps	32	23
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Investments-Available for Sale
Available for sale investments	24,725	22,243
Fair Value, Inputs, Level 2 [Member] | Corporate Note Securities [Member]
Investments-Available for Sale
Available for sale investments	2,013	2,538
Fair Value, Inputs, Level 2 [Member] | Residential Mortgage Backed Securities [Member]
Investments-Available for Sale
Available for sale investments	$ 44,913	$ 51,023

Note 10 - Fair Value Measurem67

Note 10 - Fair Value Measurements (Details) - Assets Measured on Non-Recurring Basis - Impaired Loans [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Impaired loans
Asset measured on a nonrecurring basis	$ 677	$ 612
Fair Value, Inputs, Level 3 [Member]
Impaired loans
Asset measured on a nonrecurring basis	$ 677	$ 612

Note 11 - Estimated Fair Valu68

Note 11 - Estimated Fair Value Information (Details) - Financial Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Assets
Cash and cash equivalents	$ 62,510	$ 58,464	$ 60,298	$ 44,688
Cash and cash equivalents, fair value	62,510	58,464
Available for sale investments, fair value	75,549	79,689
FRB stock	1,729	1,655
FHLB stock	3,167	3,167
Loans, net	510,741	435,257
Loans, net, fair value	510,827	433,588
Non-hedging interest rate swaps	32	23
Non-hedging interest rate swaps, fair value	32	23
Accrued interest receivable	1,537	1,418
Accrued interest receivable, fair value	1,537	1,418
Liabilities
Deposits	580,898	503,172
Other borrowings	15,000	17,500
Other borrowings, fair value	15,051	17,551
Accrued interest payable	12	23
Accrued interest payable, fair value	12	23
Non-Interest Bearing Deposit Liabilities [Member]
Liabilities
Deposits	344,043	282,217
Deposits, fair value	344,043	282,217
Interest Bearing Deposit Liabilities [Member]
Liabilities
Deposits	236,855	220,955
Deposits, fair value	236,855	220,955
Fair Value, Inputs, Level 1 [Member]
Assets
Cash and cash equivalents, fair value	62,510	58,464
Available for sale investments, fair value	3,898	3,885
Accrued interest receivable	1,537	1,418
Accrued interest receivable, fair value	1,537	1,418
Liabilities
Accrued interest payable	12	23
Accrued interest payable, fair value	12	23
Fair Value, Inputs, Level 1 [Member] | Non-Interest Bearing Deposit Liabilities [Member]
Liabilities
Deposits, fair value	344,043	282,217
Fair Value, Inputs, Level 1 [Member] | Interest Bearing Deposit Liabilities [Member]
Liabilities
Deposits, fair value	188,320	180,198
Fair Value, Inputs, Level 2 [Member]
Assets
Available for sale investments, fair value	71,651	75,804
Non-hedging interest rate swaps, fair value	32	23
Liabilities
Other borrowings, fair value	15,051	17,551
Fair Value, Inputs, Level 2 [Member] | Interest Bearing Deposit Liabilities [Member]
Liabilities
Deposits, fair value	48,535	40,757
Fair Value, Inputs, Level 3 [Member]
Assets
Loans, net, fair value	$ 510,827	$ 433,588

Note 12 - Non-Interest Income69

Note 12 - Non-Interest Income (Details) - Non-Interest Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 12 - Non-Interest Income (Details) - Non-Interest Income [Line Items]
Gain on sale of AFS investment securities		$ 533	$ 75	$ 786
Service charges and other operating income	$ 108	190	263	302
Total non-interest income	108	723	338	1,088
Service Charges and Other Operating Income [Member]
Note 12 - Non-Interest Income (Details) - Non-Interest Income [Line Items]
Service charges and other operating income	$ 108	$ 190	$ 263	$ 302

Note 13 - Stock-Based Compens70

Note 13 - Stock-Based Compensation (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	May. 08, 2013
Note 13 - Stock-Based Compensation (Details) [Line Items]
Restricted Stock or Unit Expense (in Dollars)	$ 239,000	$ 235,000	$ 463,000	$ 421,000
2013 Equity Incentive Plan [Member]
Note 13 - Stock-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	750,000		750,000		750,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	426,750		426,750
2004 Founder Stock Option Plan [Member]
Note 13 - Stock-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	150,000		150,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			0	72,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)			$ 5
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period				19,800
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price (in Dollars per share)				$ 5
Director and Employee Stock Option Plan [Member]
Note 13 - Stock-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,434,000		1,434,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			307,573	430,600
Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price (in Dollars per share)			$ 8.01	$ 5
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period			42,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price (in Dollars per share)			$ 8.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term				1 year 10 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		370,073		370,073
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share)		$ 7.97		$ 7.97
Restricted Stock [Member]
Note 13 - Stock-Based Compensation (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value (in Dollars)	$ 582,000	$ 388,000	$ 727,000	$ 400,000

Note 13 - Stock-Based Compens71

Note 13 - Stock-Based Compensation (Details) - Restricted Stock - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Note 13 - Stock-Based Compensation (Details) - Restricted Stock [Line Items]
Beginning balance	615,875	529,529
Beginning balance	$ 5.92	$ 4.62
Ending balance	684,750	663,779
Ending balance	$ 6.49	$ 5.74
Granted	218,750	228,000
Granted	$ 6.98	$ 7.63
Vested	(149,875)	(93,750)
Vested	$ 4.85	$ 4.01

Note 13 - Stock-Based Compens72

Note 13 - Stock-Based Compensation (Details) - Shares Authorized and Available Under all Stock Plans - shares	Jun. 30, 2015	Jun. 30, 2014	May. 08, 2013
2004 Founder Stock Option Plan [Member]
Note 13 - Stock-Based Compensation (Details) - Shares Authorized and Available Under all Stock Plans [Line Items]
Equity incentive plans, shares reserved	150,000
Equity incentive plans, less shares previously exercised/vested	121,900
Director and Employee Stock Option Plan [Member]
Note 13 - Stock-Based Compensation (Details) - Shares Authorized and Available Under all Stock Plans [Line Items]
Equity incentive plans, shares reserved	1,434,000
Equity incentive plans, less shares previously exercised/vested	1,220,097
Equity incentive plans, less shares outstanding		370,073
2005 Equity Incentive Plan [Member]
Note 13 - Stock-Based Compensation (Details) - Shares Authorized and Available Under all Stock Plans [Line Items]
Equity incentive plans, shares reserved	1,200,000
Equity incentive plans, less shares previously exercised/vested	929,273
Equity incentive plans, less shares outstanding	258,000
2013 Equity Incentive Plan [Member]
Note 13 - Stock-Based Compensation (Details) - Shares Authorized and Available Under all Stock Plans [Line Items]
Equity incentive plans, shares reserved	750,000		750,000
Equity incentive plans, less shares previously exercised/vested	20,000
Equity incentive plans, less shares outstanding	426,750
Equity incentive plans, total shares available for issuance	303,250

Note 14 - Regulatory Matters (D

Note 14 - Regulatory Matters (Details)	Jun. 30, 2015	Dec. 31, 2014	Jul. 02, 2013
Disclosure Text Block [Abstract]
Common Equity Tier 1 Capital Required for Capital Adequacy to Risk Weighted Assets	4.50%		4.50%
Common Equity Tier 1 Capital Conservation Buffer			2.50%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	4.00%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%

Note 14 - Regulatory Matters 74

Note 14 - Regulatory Matters (Details) - Capital Ratios - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jul. 02, 2013
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk-Based Capital Ratio, amount for capital adequacy purposes	$ 44,890	$ 38,603
Total Risk-Based Capital Ratio, ratio for capital adequacy purposes	8.00%	8.00%
Total Risk-Based Capital Ratio, actual for the bank to be well capitalized under prompt corrective measures	$ 56,112	$ 48,253
Total Risk-Based Capital Ratio, ratio for the bank to be well capitalized under prompt corrective measures	10.00%	10.00%
Tier 1 Risk-Based Capital Ratio, amount for capital adequacy purposes	$ 33,668	$ 19,302
Tier 1 Risk-Based Capital Ratio, ratio for capital adequacy purposes	6.00%	4.00%
Tier 1 Risk-Based Capital Ratio, actual for the bank to be well capitalized under prompt corrective measures	$ 44,890	$ 28,952
Tier 1 Risk-Based Capital Ratio, ratio for the bank to be well capitalized under prompt corrective measures	8.00%	6.00%
Common Equity Tier 1 Capital Ratio	$ 25,251
Common Equity Tier 1 Capital Ratio	4.50%		4.50%
Common Equity Tier 1 Capital Ratio	$ 36,473
Common Equity Tier 1 Capital Ratio	6.50%
Tier 1 Leverage Ratio, amount for capital adequacy purposes	$ 25,572	$ 24,357
Tier 1 Leverage Ratio, ratio for capital adequacy purposes	4.00%	4.00%
Tier 1 Leverage Ratio, actual for the bank to be well capitalized under prompt corrective measures	$ 31,988	$ 30,456
Tier 1 Leverage Ratio, ratio for the bank to be well capitalized under prompt corrective measures	5.00%	5.00%
Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk-Based Capital Ratio, amount	$ 69,667	$ 67,275
Total Risk-Based Capital Ratio, ratio	12.42%	13.94%
Tier 1 Risk-Based Capital Ratio, amount	$ 62,633	$ 61,220
Tier 1 Risk-Based Capital Ratio, ratio	11.16%	12.69%
Common Equity Tier 1 Capital Ratio	$ 62,633
Common Equity Tier 1 Capital Ratio	11.16%
Tier 1 Leverage Ratio, amount	$ 62,633	$ 61,220
Tier 1 Leverage Ratio, ratio	9.80%	10.05%
Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Risk-Based Capital Ratio, amount	$ 66,118	$ 63,339
Total Risk-Based Capital Ratio, ratio	11.78%	13.13%
Tier 1 Risk-Based Capital Ratio, amount	$ 59,083	$ 57,284
Tier 1 Risk-Based Capital Ratio, ratio	10.53%	11.87%
Common Equity Tier 1 Capital Ratio	$ 59,083
Common Equity Tier 1 Capital Ratio	10.53%
Tier 1 Leverage Ratio, amount	$ 59,083	$ 57,284
Tier 1 Leverage Ratio, ratio	9.24%	9.40%