Oak Valley Bancorp (OVLY) 10-Q 12 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 08, 2017
Document Information [Line Items]
Entity Registrant Name	Oak Valley Bancorp
Entity Central Index Key	1,431,567
Trading Symbol	ovly
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		8,083,705
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 154,945	$ 179,025
Federal funds sold	12,770	11,785
Cash and cash equivalents	167,715	190,810
Securities available for sale	169,869	160,333
Loans, net of allowance for loan loss of $7,827 and $7,832 at March 31, 2017 and December 31, 2016, respectively	603,075	601,104
Bank premises and equipment, net	13,443	13,688
Other real estate owned	1,210	1,210
Interest receivable and other assets	34,567	34,965
	989,879	1,002,110
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	899,169	914,093
Interest payable and other liabilities	6,649	5,567
Total liabilities	905,818	919,660
Commitments and contingencies
Shareholders’ equity
Common stock, no par value; 50,000,000 shares authorized, 8,082,205 and 8,088,455 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively	24,682	24,682
Additional paid-in capital	3,506	3,473
Retained earnings	55,716	54,520
Accumulated other comprehensive income (loss), net of tax	157	(225)
Total shareholders’ equity	84,061	82,450
	$ 989,879	$ 1,002,110

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Net of allowance for loan loss	$ 7,827	$ 7,832
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	8,082,205	8,088,455
Common stock, shares outstanding (in shares)	8,082,205	8,088,455

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
INTEREST INCOME
Interest and fees on loans	$ 6,921	$ 6,548
Interest on securities available for sale	1,074	977
Interest on federal funds sold	15	9
Interest on deposits with banks	301	176
Total interest income	8,311	7,710
INTEREST EXPENSE
Deposits	229	168
Total interest expense	229	168
Net interest income	8,082	7,542
Provision for loan losses	0	200
Net interest income after provision for loan losses	8,082	7,342
OTHER INCOME
Service charges on deposits	335	333
Earnings on cash surrender value of life insurance	128	108
Mortgage commissions	62	46
Gains on called securities	389	6
Other	557	544
Total non-interest income	1,471	1,037
OTHER EXPENSES
Salaries and employee benefits	3,612	3,355
Occupancy expenses	856	838
Data processing fees	346	471
Regulatory assessments (FDIC & DBO)	144	157
Other operating expenses	1,249	1,366
Total non-interest expense	6,207	6,187
Net income before provision for income taxes	3,346	2,192
PROVISION FOR INCOME TAXES	1,139	683
NET INCOME	$ 2,207	$ 1,509
NET INCOME PER COMMON SHARE (in dollars per share)	$ 0.27	$ 0.19
NET INCOME PER DILUTED COMMON SHARE (in dollars per share)	$ 0.27	$ 0.19

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net income	$ 2,207	$ 1,509
Other comprehensive income:
Unrealized holding gains on securities arising during the current period, net of tax effect of $428 thousand and $69 thousand for the periods ending March 31, 2017 and 2016, respectively	611	99
Reclassification adjustment due to net gains realized on calls of securities, net of tax effect of $160 thousand and $2 thousand for the periods ending March 31, 2017 and 2016, respectively	(229)	(4)
Other comprehensive income	382	95
Comprehensive income	$ 2,589	$ 1,604

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Tax effect of unrealized holding (losses) gain on securities arising during current period	$ 428	$ 69
Tax effect of reclassification adjustment due to net gains realized on calls of securities	$ 160	$ 2

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances (in shares) at Dec. 31, 2015	8,078,155
Balances at Dec. 31, 2015	$ 24,682	$ 3,217	$ 48,795	$ 1,569	$ 78,263
Restricted stock issued (in shares)	17,000
Restricted stock issued					0
Restricted stock forfeited (in shares)	(6,700)
Restricted stock forfeited					0
Cash dividends declared			(1,940)		(1,940)
Stock based compensation		256			256
Other comprehensive income (loss)				(1,794)	(1,794)
Net income			7,665		7,665
Balances (in shares) at Dec. 31, 2016	8,088,455
Balances at Dec. 31, 2016	$ 24,682	3,473	54,520	(225)	82,450
Restricted stock issued (in shares)
Restricted stock issued					0
Restricted stock forfeited (in shares)	(6,250)
Restricted stock forfeited					0
Cash dividends declared			(1,011)		(1,011)
Stock based compensation		33			33
Other comprehensive income (loss)				382	382
Net income			2,207		2,207
Balances (in shares) at Mar. 31, 2017	8,082,205
Balances at Mar. 31, 2017	$ 24,682	$ 3,506	$ 55,716	$ 157	$ 84,061

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,207	$ 1,509
Adjustments to reconcile net earnings to net cash from operating activities:
Provision for loan losses	0	200
Increase in deferred fees/costs, net	61	173
Depreciation	292	327
Amortization of investment securities, net	175	74
Stock based compensation	33	63
Gain on sale of premises and equipment	0	(1)
Gain on sales and calls of available for sale securities	(389)	(6)
Earnings on cash surrender value of life insurance	(128)	(108)
Increase in interest payable and other liabilities	1,082	266
Decrease (increase) in interest receivable	305	(33)
Increase in other assets	(47)	(18)
Net cash from operating activities	3,591	2,446
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(12,453)	(15,775)
Proceeds from maturities, calls, and principal paydowns of securities available for sale	3,781	3,153
Net increase in loans	(2,032)	(27,552)
Proceeds from sales of premises and equipment	0	1
Net purchases of premises and equipment	(47)	(87)
Net cash used in investing activities	(10,751)	(40,260)
CASH FLOWS FROM FINANCING ACTIVITIES:
Shareholder cash dividends paid	(1,011)	(970)
Net (decrease) increase in demand deposits and savings accounts	(14,888)	7,820
Net decrease in time deposits	(36)	(71)
Net cash (used in) from financing activities	(15,935)	6,779
NET DECREASE IN CASH AND CASH EQUIVALENTS	(23,095)	(31,035)
CASH AND CASH EQUIVALENTS, beginning of period	190,810	190,603
CASH AND CASH EQUIVALENTS, end of period	167,715	159,568
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	231	170
Income taxes	0	0
NON-CASH INVESTING ACTIVITIES:
Change in unrealized gain on available-for-sale securities	$ 649	$ 161

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 1 On July 3, 2008 one The consolidated financial statements include the accounts of Bancorp and its wholly-owned bank subsidiary. All material intercompany transactions have been eliminated. In the opinion of Management, the consolidated financial statements contain all adjustments necessary to present fairly the financial position, results of operations, changes in shareholders’ equity and cash flows. All adjustments are of a normal, recurring nature. The interim consolidated financial statements included in this report are unaudited but reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of the financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. The results of operations for the three March 31, 2017 10 December 31, 2016. Oak Valley Community Bank is a California State chartered bank. The Company was incorporated under the laws of the state of California on May 31, 1990, May 28, 1991. On December 23, 2015, $7.3 The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant accounting estimates reflected in the Company’s consolidated financial statements include the allowance for loan losses, accounting for income taxes, fair value measurements, and the determination, recognition and measurement of impaired loans. Actual results could differ from these estimates.

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 2 In May 2014, 2014 09, 606). 606) ● August 2015 2015 14 one December 15, 2017. December 15, 2016, ● March 2016 2016 08 ● April 2016 2016 10 ● May 2016 2016 12 We are currently evaluating the provisions of these updates and will be monitoring developments and additional guidance to determine the potential impact the new standards will have on our financial condition and results of operations. In September, 2015, 2015 16, Simplifying the Accounting for Measurement Period Adjustments (Topic 805). December 15, 2015 In January 2016, 2016 01, Financial Instruments - Overall (Subtopic 825 10) ● Equity investments, except for those accounted for under the equity method of accounting or those that result in consolidation of the investee, are required to be measured at fair value with changes in fair value recognized in net income. However, an entity may ● Simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment - if impairment exists, this requires measuring the investment at fair value. ● Eliminates the requirement for public companies to disclose the method(s) and significant assumptions used to estimate the fair value that is currently required to be disclosed for financial instruments measured at amortized cost on the balance sheet. ● Public companies will be required to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. ● Requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements. ● The reporting entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets. ASU 2016 01 December 15, 2017, In February 2016, 2016 02, Leases (Topic 842). 2016 02 December 15, 2018 one In March 2016, 2016 09, Stock Compensation (Topic 718): 2016 09 December 15, 2016, 2016 In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326). December 15, 2019, In August 2016, 2016 15, Statement of Cash Flows – Classification of Certain Cash Receipts and Cash Payments (Topic 230). eight December 15, 2017, In January 2017, 2017 03, Accounting Changes and Error Corrections (Topic 250) 323): September 22, 2016 November 17, 2016 2014 9 2016 02 2016 13

Note 3 - Securities

Note 3 - Securities	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 3 The amortized cost and estimated fair values of debt securities as of March 31, 2017 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 28,097 $ 535 $ (190 ) $ 28,442 Collateralized mortgage obligations 4,013 7 (43 ) 3,977 Municipalities 78,517 1,356 (485 ) 79,388 SBA pools 13,592 0 (52 ) 13,540 Corporate debt 21,352 112 (779 ) 20,685 Asset backed securities 20,746 39 (18 ) 20,767 Mutual fund 3,285 0 (215 ) 3,070 $ 169,602 $ 2,049 $ (1,782 ) $ 169,869 The following tables detail the gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2017. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 9,227 $ (190 ) $ 0 $ 0 $ 9,227 $ (190 ) Collateralized mortgage obligations 3,131 (43 ) 0 0 3,131 (43 ) Municipalities 27,488 (438 ) 1,100 (47 ) 28,588 (485 ) SBA pools 8,387 (48 ) 743 (4 ) 9,130 (52 ) Corporate debt 7,045 (455 ) 8,702 (324 ) 15,747 (779 ) Asset backed securities 0 0 8,273 (18 ) 8,273 (18 ) Mutual fund 0 0 3,070 (215 ) 3,070 (215 ) Total temporarily impaired securities $ 55,278 $ (1,174 ) $ 21,888 $ (608 ) $ 77,166 $ (1,782 ) At March 31, 2017, two two four five one 12 seven two twenty six four eight 12 This evaluation encompasses various factors including, the nature of the investment, the cause of the impairment, the severity and duration of the impairment, credit ratings and other credit related factors such as third The amortized cost and estimated fair value of investment securities at March 31, 2017, may (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 13,969 $ 14,123 Due after one year through five years 49,259 49,259 Due after five years through ten years 67,791 68,049 Due after ten years 38,583 38,438 $ 169,602 $ 169,869 The amortized cost and estimated fair values of debt securities as of December 31, 2016, (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 27,879 $ 616 $ (209 ) $ 28,286 Collateralized mortgage obligations 4,159 7 (57 ) 4,109 Municipalities 77,957 1,318 (946 ) 78,329 SBA pools 7,219 0 (51 ) 7,168 Corporate debt 21,349 81 (867 ) 20,563 Asset backed securities 18,888 32 (101 ) 18,819 Mutual fund 3,264 0 (205 ) 3,059 $ 160,715 $ 2,054 $ (2,436 ) $ 160,333 The following tables detail the gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2016. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 8,769 $ (208 ) $ 718 $ (1 ) $ 9,487 $ (209 ) Collateralized mortgage obligations 3,166 (57 ) 0 0 3,166 (57 ) Municipalities 45,137 (917 ) 402 (29 ) 45,539 (946 ) SBA pools 6,415 (46 ) 753 (5 ) 7,168 (51 ) Corporate debt 12,776 (757 ) 2,884 (110 ) 15,660 (867 ) Asset backed securities 2,576 (15 ) 8,272 (86 ) 10,848 (101 ) Mutual fund 0 0 3,059 (205 ) 3,059 (205 ) Total temporarily impaired securities $ 78,839 $ (2,000 ) $ 16,088 $ (436 ) $ 94,927 $ (2,436 ) We recognized gross gains of $389,000 three March 31, 2017, $6,000 2016. no first three 2017 2016. Securities carried at $96,257,000 $89,362,000 March 31, 2017 December 31, 2016,

Note 4 - Loans

Note 4 - Loans	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4 – LOANS Our customers are primarily located in Stanislaus, San Joaquin, Tuolumne, Inyo, and Mono Counties. As of March 31, 2017, 79% 11% 6% 4% (in thousands) March 31, 2017 December 31, 2016 Commercial real estate: Commercial real estate- construction $ 21,063 $ 23,378 Commercial real estate- mortgages 397,320 389,495 Land 11,184 9,823 Farmland 55,803 56,159 Commercial and industrial 65,247 64,201 Consumer 714 767 Consumer residential 37,290 38,672 Agriculture 24,273 28,454 Total loans 612,894 610,949 Less: Deferred loan fees and costs, net (1,992 ) (2,013 ) Allowance for loan losses (7,827 ) (7,832 ) Net loans $ 603,075 $ 601,104 Loan Origination/Risk Management. Commercial and industrial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably and prudently expand its business. Underwriting standards are designed to promote relationship banking rather than transactional banking. Once it is determined that the borrower’s management possesses sound ethics and solid business acumen, our management examines current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed. Commercial and industrial loans are primarily made based on the identified cash flows of the borrower and secondarily may may may may may Commercial real estate loans are subject to underwriting standards and processes similar to commercial and industrial loans, in addition to those of real estate loans. These loans are viewed primarily as cash flow loans and secondarily may third March 31, 2017 December 31, 2016, 40.2% 40.9%, With respect to loans to developers and builders that are secured by non-owner occupied properties that the Company may may may Agricultural production, real estate and development lending is susceptible to credit risks including adverse weather conditions, pest and disease, as well as market price fluctuations and foreign competition. Agricultural loan underwriting standards are maintained by following Company policies and procedures in place to minimize risk in this lending segment. These standards consist of limiting credit to experienced farmers who have demonstrated farm management capabilities, requiring cash flow projections displaying margins sufficient for repayment from normal farm operations along with equity injected as required by policy, as well as providing adequate secondary may The Company originates consumer loans utilizing common underwriting criteria specified in policy. To monitor and manage consumer loan risk, policies and procedures are developed and modified, as needed, jointly by line and staff personnel. This activity, coupled with relatively small loan amounts that are spread across many individual borrowers, minimizes risk. Additionally, trend and outlook reports are reviewed by management on a regular basis. Underwriting standards for 1 4 80%, 36% 42%, The Company maintains an independent loan review department that reviews and validates the credit risk program on a periodic basis. Results of these reviews are presented to management. The loan review process complements and reinforces the risk identification and assessment decisions made by lenders and credit personnel, as well as the Bank’s policies and procedures. Purchased Credit-Impaired (“PCI”) Loans. 310 30 For acquired loans not considered credit-impaired, the difference between the contractual amounts due (principal amount) and the fair value is accounted for subsequently through accretion. We recognize discount accretion based on the acquired loan’s contractual cash flows using an effective interest rate method. The accretion is recognized through the net interest margin. The following table presents the fair value of purchased credit-impaired and other loans acquired from Mother Lode Bank as of the acquisition date: December 23, 2015 (in thousands) Purchased credit-impaired loans Other purchased loans Total Contractually required payments including interest $ 1,982 $ 44,007 $ 45,989 Less: nonaccretable difference (1,103 ) 0 (1,103 ) Cash flows expected to be collected (undiscounted) 879 44,007 44,886 Accretable yield (14 ) (2,041 ) (2,055 ) Fair value of purchased loans $ 865 $ 41,966 $ 42,831 The following table reflects the outstanding balance and related carrying value of PCI loans as of March 31, 2017 December 31, 2016: (in thousands) March 31, 2017 December 31, 2016 Unpaid principal balance Carrying value Unpaid principal balance Carrying value Commercial real estate: Commercial real estate- construction $ 0 $ 0 $ 0 $ 0 Commercial real estate- mortgages 0 0 0 0 Land 280 33 280 33 Farmland 0 0 0 0 Commercial and industrial 0 0 0 0 Consumer 0 0 0 0 Consumer residential 0 0 0 0 Agriculture 0 0 0 0 Total purchased credit-impaired loans $ 280 $ 33 $ 280 $ 33 For the PCI loans, the accretable yield represents the excess of the cash flows expected to be collected at acquisition over the fair value of the loans at the acquisition date, and is accreted into interest income over the estimated remaining life of the purchased credit-impaired loans using the effective yield method, provided that the timing and amount of future cash flows is reasonably estimable. The cash flows expected to be collected are updated each quarter based on current assumptions regarding default rates, loss severities, and other factors that are reflective of current market conditions. Probable decreases in expected cash flows after acquisition result in the recognition of impairment as a specific allowance for loan losses or a charge-off to the allowance. The accretable yield balance for PCI loans was $14,000 December 31, 2015, first 2016, Non-Accrual and Past Due Loans. may may Non-accrual loans, segregated by class of loans, were as follows: (in thousands) March 31, 2017 December 31, 2016 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 2,108 2,715 Farmland 0 0 Commercial and industrial 305 306 Consumer 0 0 Consumer residential 154 16 Agriculture 0 0 Total non-accrual loans $ 2,567 $ 3,037 Excluded from the above non-accrual loan table are the carrying values of Purchased Credit Impaired loans acquired in the MLB Acquisition. Had non-accrual loans performed in accordance with their original contract terms, we would have recognized additional interest income of approximately $37,000 three March 31, 2017, $149,000 2016. The following table analyzes past due loans including the non-accrual loans in the above table, segregated by class of loans, as of March 31, 2017 March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Purchased Credit Impaired Loans Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 21,063 $ 0 $ 21,063 $ 0 Commercial R.E. - mortgages 0 0 0 0 397,320 0 397,320 0 Land 0 0 2,108 2,108 9,043 33 11,184 0 Farmland 0 0 0 0 55,803 0 55,803 0 Commercial and industrial 75 0 302 377 64,870 0 65,247 0 Consumer 0 0 0 0 714 0 714 0 Consumer residential 0 138 16 154 37,136 0 37,290 0 Agriculture 0 0 0 0 24,273 0 24,273 0 Total $ 75 $ 138 $ 2,426 $ 2,639 $ 610,222 $ 33 $ 612,894 $ 0 The following table analyzes past due loans including the non-accrual loans in the above table, segregated by class of loans, as of December 31, 2016 December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Purchased Credit Impaired Loans Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 23,378 $ 0 23,378 $ 0 Commercial R.E. - mortgages 0 0 0 0 389,495 0 389,495 0 Land 0 0 2,715 2,715 7,075 33 9,823 0 Farmland 0 0 0 0 56,159 0 56,159 0 Commercial and industrial 0 0 302 302 63,899 0 64,201 0 Consumer 0 0 0 0 767 0 767 0 Consumer residential 0 0 16 16 38,656 0 38,672 0 Agriculture 0 0 0 0 28,454 0 28,454 0 Total $ 0 $ 0 $ 3,033 $ 3,033 $ 607,883 $ 33 610,949 $ 0 Impaired Loans. no three March 31, 2017 2016. Impaired loans as of March 31, 2017 December 31, 2016 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance March 31, 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 2,424 0 2,108 2,108 680 Farmland 0 0 0 0 0 Commercial and Industrial 352 305 0 305 0 Consumer 0 0 0 0 0 Consumer residential 154 154 0 154 0 Agriculture 0 0 0 0 0 Total $ 2,930 $ 459 $ 2,108 $ 2,567 $ 680 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance December 31, 2016 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 3,131 2,715 0 2,715 680 Farmland 0 0 0 0 0 Commercial and Industrial 353 4 302 306 0 Consumer 0 0 0 0 0 Consumer residential 16 16 0 16 0 Agriculture 0 0 0 0 0 Total $ 3,500 $ 2,735 $ 302 $ 3,037 $ 680 Average recorded investment in impaired loans outstanding as of March 31, 2017 2016 Average Recorded Investment for the (in thousands) March 31, 2017 March 31, 2016 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 Commercial R.E. - mortgages 0 0 Land 2,700 2,553 Farmland 0 502 Commercial and Industrial 306 319 Consumer 0 0 Consumer residential 59 0 Agriculture 0 2,704 Total $ 3,065 $ 6,078 Troubled Debt Restructurings – At March 31, 2017, 5 $2,429,000. December 31, 2016, 6 $3,037,000. March 31, 2017 December 31, 2016 no We have allocated $680,000 March 31, 2017 December 31, 2016. The modification of the terms of such loans typically includes one During the three March 31, 2017, no three three March 31, 2016. The following table presents loans by class modified as troubled debt restructurings that occurred during the three March 31, 2016: For the Three Months Ended (dollars in thousands) March 31, 2016 Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Commercial real estate: Commercial R.E. - construction 1 $ 1,090 $ 1,090 Commercial R.E. - mortgages 0 0 0 Land 1 565 565 Farmland 0 0 0 Commercial and industrial 1 599 599 Consumer 0 0 0 Consumer residential 0 0 0 Agriculture 0 0 0 Total 3 $ 2,254 $ 2,254 The troubled debt restructurings presented in the table above did not no There were no twelve three March 31, 2017 2016. ninety Loan Risk Grades – We grade loans using the following letter system: 1 2 3A 3B 3C 4 5 6 7 8 1. Exceptional Loan 1 -A high level of liquidity and whose debt-servicing capacity exceeds expected obligations by a substantial margin. -Where leverage is below average for the industry and earnings are consistent or growing without severe vulnerability to economic cycles. -Also included in this rating (but not mandatory unless one 110% 2. Quality Loan 2 -Unquestionable debt-servicing capacity to cover all obligations in the ordinary course of business from well-defined primary and secondary -Consistent strong earnings. -A solid equity base. 3A. Better than Acceptable Loan 3 three three 3 3A third 2 -Strong earnings with no loss in last three -Long term experienced management with depth and defined management succession. -The loan has no exceptions to policy. -Loan-to-value on real estate secured transactions is 10% 20% -Very liquid balance sheet that may -Little to no debt on balance sheet. 3B. Acceptable Loan 3B 3A 3C -Are those where the borrower has average financial strengths, a history of profitable operations and experienced management. -Are those where the borrower can be expected to handle normal credit needs in a satisfactory manner. 3C. Marginally Acceptable 3C 3Bs Requires collateral. A credit facility where the borrower has average financial strengths, but usually lacks reliable secondary 4W Watch Acceptable may 4 5 Other Loans Especially Mentioned (Special Mention) may, -The lending officer may -Questions exist regarding the condition of and/or control over collateral. -Economic or market conditions may -A declining trend in the obligor’s operations or an imbalanced position in the balance sheet exists, but not to the point that repayment is jeopardized. 6 Substandard Loan 7 Doubtful Loan one may may may 40 65 25 40 65 A proper classification of such a credit would show 40 25 35 may 8 Loss may As of March 31, 2017 December 31, 2016, no 8 The following table presents weighted average risk grades of our loan portfolio: March 31, 2017 December 31, 2016 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.07 Commercial real estate - mortgages 3.08 3.08 Land 4.05 4.39 Farmland 3.09 3.09 Commercial and industrial 3.49 2.70 Consumer 2.14 2.28 Consumer residential 3.04 3.03 Agriculture 3.21 3.08 Total gross loans 3.14 3.06 The following table presents risk grade totals by class of loans as of March 31, 2017 December 31, 2016. 1 4 (in thousands) Commercial R.E. Construction Commercial R.E. Mortgages Land (1) Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2017 Pass $ 21,063 $ 396,344 $ 8,609 $ 55,803 $ 63,717 $ 686 $ 36,785 $ 24,273 $ 607,280 Special mention - 976 - - 310 - - - 1,286 Substandard - - 2,295 - 1,220 28 505 - 4,048 Doubtful - - 280 - - - - - 280 Total loans $ 21,063 $ 397,320 $ 11,184 $ 55,803 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 612,894 December 31, 2016 Pass $ 22,560 $ 388,365 $ 6,637 $ 56,159 $ 62,770 $ 738 $ 38,300 $ 28,454 $ 603,983 Special mention 818 1,063 - - 189 - - - 2,070 Substandard - 67 2,906 1,242 29 372 - 4,616 Doubtful - - 280 - - - - - 280 Total loans $ 23,378 $ 389,495 $ 9,823 $ 56,159 $ 64,201 $ 767 $ 38,672 $ 28,454 $ 610,949 (1) Included in the above table is one $33,000 March 31, 2017 December 31, 2016, Allowance for Loan Losses. 310, 450, The level of the allowance reflects management’s continuing evaluation of industry concentrations, specific credit risks, loan loss experience, current loan portfolio quality, present economic, political and regulatory conditions and unidentified losses inherent in the current loan portfolio. Portions of the allowance may The Company’s allowance for loan losses consists of three 310 450 450 The allowances established for probable losses on specific loans are based on a regular analysis and evaluation of problem loans. Loans are classified based on an internal credit risk grading process that evaluates, among other things: (i) the obligor’s ability to repay; (ii) the underlying collateral, if any; and (iii) the economic environment and industry in which the borrower operates. This analysis is performed at the relationship manager level for all commercial loans. When a loan has a calculated grade of 5 Historical valuation allowances are calculated based on the historical loss experience of specific types of loans and the internal risk grade of such loans at the time they were charged-off. The Company calculates historical loss ratios for pools of similar loans with similar characteristics based on the proportion of actual charge-offs experienced to the total population of loans in the pool. The historical loss ratios are periodically updated based on actual charge-off experience. A historical valuation allowance is established for each pool of similar loans based upon the product of the historical loss ratio and the total dollar amount of the loans in the pool. The Company’s pools of similar loans include similarly risk-graded groups of commercial and industrial loans, commercial real estate loans, consumer real estate loans and consumer and other loans. General valuation allowances are based on general economic conditions and other qualitative risk factors both internal and external to the Bank and the Company. In general, such valuation allowances are determined by evaluating, among other things: (i) the experience, ability and effectiveness of the Bank’s lending management and staff; (ii) the effectiveness of the Bank’s loan policies, procedures and internal controls; (iii) changes in asset quality; (iv) changes in loan portfolio volume; (v) the composition and concentrations of credit; (vi) the impact of competition on loan structuring and pricing; (vii) the effectiveness of the internal loan review function; (viii) the impact of environmental risks on portfolio risks; and (ix) the impact of rising interest rates on portfolio risk. Management evaluates the degree of risk that each one Included in the general valuation allowances are allocations for groups of similar loans with risk characteristics that exceed certain concentration limits established by management. Concentration risk limits have been established, among other things, for certain industry concentrations, large balance and highly leveraged credit relationships that exceed specified risk grades, and loans originated with policy exceptions that exceed specified risk grades. Loans identified as losses by management, internal loan review and/or bank examiners are charged-off. Furthermore, consumer loan accounts are charged-off automatically based on regulatory requirements. The following table details activity in the allowance for loan losses by portfolio segment for the three March 31, 2017 2016. one Allowance for Loan Losses For the three Months Ended March 31, 2017 and 2016 (in thousands) Commercial Commercial and Consumer Three Months Ended March 31, 2017 Real Estate Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs 0 0 (7 ) 0 0 0 (7 ) Recoveries 0 0 2 0 0 0 2 (Reversal of) provision for loan losses 81 38 (9 ) (15 ) (57 ) (38 ) 0 Ending balance $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 Three Months Ended March 31, 2016 Beginning balance $ 5,920 $ 627 $ 38 $ 426 $ 309 $ 36 $ 7,356 Charge-offs 0 0 (3 ) 0 0 0 (3 ) Recoveries 3 0 0 1 0 0 4 (Reversal of) provision for loan losses 75 93 9 (29 ) (7 ) 59 200 Ending balance $ 5,998 $ 720 $ 44 $ 398 $ 302 $ 95 $ 7,557 The following table details the allowance for loan losses and ending gross loan balances as of March 31, 2017, December 31, 2016 March 31, 2016 (in thousands) Commercial Commercial and Consumer March 31, 2017 Real Estate Industrial Consumer Residential Agriculture Unallocated Total Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,586 735 37 310 447 32 7,147 $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 Ending gross loan balances: Individually evaluated for impairment $ 2,108 $ 305 $ 0 $ 154 $ 0 $ 0 $ 2,567 Individually evaluated purchased credit impaired loans 33 0 0 0 0 0 33 Collectively evaluated for impairment 483,229 64,942 714 37,136 24,273 0 610,294 $ 485,370 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 0 $ 612,894 December 31, 2016 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,505 697 51 325 504 70 7,152 $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Ending gross loans balances: Individually evaluated for impairment $ 2,715 $ 306 $ 0 $ 16 $ 0 $ 0 $ 3,037 Individually evaluated purchased credit impaired loans 33 0 0 0 0 0 33 Collectively evaluated for impairment 476,107 63,895 767 38,656 28,454 0 607,879 $ 478,855 $ 64,201 $ 767 $ 38,672 $ 28,454 $ 0 $ 610,949 March 31, 2016 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,318 720 44 398 302 95 6,877 $ 5,998 $ 720 $ 44 $ 398 $ 302 $ 95 $ 7,557 Ending gross loans balances: Individually evaluated for impairment $ 3,675 $ 318 $ 0 $ 0 $ 2,704 $ 0 $ 6,697 Individually evaluated purchased credit impaired loans 387 458 0 0 0 0 845 Collectively evaluated for impairment 437,607 71,939 815 32,983 17,341 0 560,685 $ 441,669 $ 72,715 $ 815 $ 32,983 $ 20,045 $ 0 $ 568,227 Changes in the reserve for off-balance-sheet commitments were as follows: THREE MONTHS ENDED MARCH 31, 2017 2016 Balance, beginning of period $ 284 $ 238 Provision to Operations for Off Balance Sheet Commitments 5 26 Balance, end of period $ 289 $ 264 The method for calculating the reserve for off-balance-sheet loan commitments is based on a reserve percentage which is less than other outstanding loan types because they are at a lower risk level. This reserve percentage, based on many factors including historical losses and existing economic conditions, is evaluated by management periodically and is applied to the total undisbursed loan commitment balance to calculate the reserve for off-balance-sheet commitments. Reserves for off-balance-sheet commitments are recorded in interest payable and other liabilities on the condensed consolidated balance sheets. At March 31, 2017 December 31, 2016, $612,894,000 $610,949,000,

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Real Estate Owned [Text Block]	NOTE 5 – OTHER REAL ESTATE OWNED As of March 31, 2017 December 31, 2016, three $1,210,000 One March 31, 2017 December 31, 2016, zero three March 31, 2017, no three March 31, 2016, no Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at the lower of carrying amount of the loan or fair value of the property at the date of foreclosure less selling costs. Subsequent to foreclosure, valuations are periodically performed and any subject revisions in the estimate of fair value are reported as adjustment to the carrying value of the real estate, provided the adjusted carrying amount does not exceed the original amount at foreclosure. Revenues and expenses from operations and changes in the valuation allowance are included in other operating expenses.

Note 6 - Other Post-retirement

Note 6 - Other Post-retirement Benefit Plans	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	NOTE 6 – OTHER POST-RETIREMENT BENEFIT PLANS During January 2008, ten twenty In August 2001, two January 2008, three March 2014, 2016 . Under the DRP, the participants will be provided with a fixed annual retirement benefit for ten Future compensation under both plans is earned for services rendered through retirement. The Bank accrues for the salary continuation liability based on anticipated years of service and vesting schedules provided under the plans. The Bank’s current benefit liability is determined based on vesting and the present value of the benefits at a corresponding discount rate. The discount rate used is an equivalent rate for investment-grade bonds with lives matching those of the service periods remaining for the salary continuation contracts, which average approximately 10 March 31, 2017 December 31, 2016 $2,861,000 $2,762,000, During January 2008, $4.7 March 2014, $1.0 three September 2016, $4.0 The combined cash surrender value of all Bank-owned life insurance policies recorded in interest receivable and other assets on the condensed consolidated balance sheets were $18,132,000 $18,004,000 March 31, 2017 December 31, 2016,

Note 7 - Financial Instruments

Note 7 - Financial Instruments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	NOTE 7 Fair values of financial instruments — March 31, 2017 December 31, 2016. Fair value measurements defines fair value, establishes a framework for measuring fair value, establishes a three three Level 1: Level 2: Level 3: In certain cases, the inputs used to measure fair value may three March 31, 2017 2016. Following is a description of valuation methodologies used for assets and liabilities in the tables below: Cash and cash equivalents – 1 Restricted Equity Securities- 2 Loans receivable 3 Deposit liabilities 3 Interest receivable and payable - 2 Off-balance-sheet instruments 3 . The estimated fair values of the Company’s financial instruments not measured at fair value at March 31, 2017 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 167,715 $ 167,715 1 Restricted equity securities 3,795 3,795 2 Loans, net 603,075 613,988 3 Interest receivable 2,526 2,526 2 Financial liabilities: Deposits (899,169 ) (797,539 ) 3 Interest payable (43 ) (43 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,130 ) 3 The estimated fair values of the Company’s financial instruments not measured at fair value at December 31, 2016 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 190,810 $ 190,810 1 Restricted equity securities 3,795 3,795 2 Loans, net 601,104 611,553 3 Interest receivable 2,831 2,831 2 Financial liabilities: Deposits (914,093 ) (811,519 ) 3 Interest payable (45 ) (45 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,107 ) 3 The following table presents the carrying value of recurring and nonrecurring financial instruments that were measured at fair value and that were still held in the condensed consolidated balance sheets at each respective period end, by level within the fair value hierarchy as of March 31, 2017 December 31, 2016 . Fair Value Measurements at March 31, 2017 Using (in thousands) March 31, 2017 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 28,442 $ 0 $ 28,442 $ 0 Collateralized mortgage obligations 3,977 0 3,977 0 Municipalities 79,388 0 79,388 0 SBA pools 13,540 0 13,540 0 Corporate debt 20,685 0 20,685 0 Asset backed securities 20,767 0 20,767 0 Mutual fund 3,070 3,070 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 1,428 $ 0 $ 0 $ 1,428 Commercial and industrial 302 0 0 302 Other real estate owned 1,210 0 0 1,210 Fair Value Measurements at December 31, 2016 Using (in thousands) December 31, Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities U.S. agencies $ 28,286 $ 0 $ 28,286 $ 0 Collateralized mortgage obligations 4,109 0 4,109 0 Municipalities 78,329 0 78,329 0 SBA pools 7,168 0 7,168 0 Corporate debt 20,563 0 20,563 0 Asset backed securities 18,819 0 18,819 0 Mutual fund 3,059 3,059 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 1,746 $ 0 $ 0 $ 1,746 Commercial and industrial 302 0 0 302 Other real estate owned $ 1,210 $ 0 $ 0 $ 1,210 Following is a description of valuation methodologies used for assets and liabilities recorded at fair value. Available-for-sale securities - 1 2 3 Impaired loans 820 310, Accounting by Creditors for Impairment of a Loan 3. 3. Other Real Estate Owned 3 Net realizable value of the underlying collateral is the fair value of the collateral less estimated selling costs and any prior liens. Appraisals, recent comparable sales, offers and listing prices are factored in when valuing the collateral. We review and verify the qualifications and licenses of the certified general appraisers used for appraising commercial properties or certified residential appraisers for residential properties. Real estate appraisals may 6% may three March 31, 2017. There have been no significant changes in the valuation techniques during the period ended March 31, 2017.

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	3 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 8 – EARNINGS PER SHARE Earnings per share (“EPS”) are based upon the weighted average number of common shares outstanding during each year. The following table shows: (1) (2) (3) reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The dilutive shares included in year-to-date diluted EPS is a weighted average of the dilutive shares included in each quarterly diluted EPS computation under the treasury stock method. We have two two The Company’s calculation of basic and diluted earnings per share (“EPS”) for the three March 31, 2017 2016 THREE MONTHS ENDED (In thousands) MARCH 31, 2017 2016 BASIC EARNINGS PER SHARE Net income $ 2,207 $ 1,509 Weighted average shares outstanding 8,042 8,009 Net income per common share $ 0.27 $ 0.19 DILUTED EARNINGS PER SHARE Net income $ 2,207 $ 1,509 Weighted average shares outstanding 8,042 8,009 Effect of dilutive stock options 5 1 Effect of dilutive non-vested restricted shares 25 42 Weighted average shares of common stock and common stock equivalents 8,072 8,052 Net income per diluted common share $ 0.27 $ 0.19 During the three March 31, 2017, no 28,511 three 2016, $9.95 $15.00. There were no three March 31, 2017 2016.

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Available-for-sale Securities [Table Text Block]	(dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 28,097 $ 535 $ (190 ) $ 28,442 Collateralized mortgage obligations 4,013 7 (43 ) 3,977 Municipalities 78,517 1,356 (485 ) 79,388 SBA pools 13,592 0 (52 ) 13,540 Corporate debt 21,352 112 (779 ) 20,685 Asset backed securities 20,746 39 (18 ) 20,767 Mutual fund 3,285 0 (215 ) 3,070 $ 169,602 $ 2,049 $ (1,782 ) $ 169,869 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 27,879 $ 616 $ (209 ) $ 28,286 Collateralized mortgage obligations 4,159 7 (57 ) 4,109 Municipalities 77,957 1,318 (946 ) 78,329 SBA pools 7,219 0 (51 ) 7,168 Corporate debt 21,349 81 (867 ) 20,563 Asset backed securities 18,888 32 (101 ) 18,819 Mutual fund 3,264 0 (205 ) 3,059 $ 160,715 $ 2,054 $ (2,436 ) $ 160,333
Schedule of Unrealized Loss on Investments [Table Text Block]	(dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 9,227 $ (190 ) $ 0 $ 0 $ 9,227 $ (190 ) Collateralized mortgage obligations 3,131 (43 ) 0 0 3,131 (43 ) Municipalities 27,488 (438 ) 1,100 (47 ) 28,588 (485 ) SBA pools 8,387 (48 ) 743 (4 ) 9,130 (52 ) Corporate debt 7,045 (455 ) 8,702 (324 ) 15,747 (779 ) Asset backed securities 0 0 8,273 (18 ) 8,273 (18 ) Mutual fund 0 0 3,070 (215 ) 3,070 (215 ) Total temporarily impaired securities $ 55,278 $ (1,174 ) $ 21,888 $ (608 ) $ 77,166 $ (1,782 ) (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 8,769 $ (208 ) $ 718 $ (1 ) $ 9,487 $ (209 ) Collateralized mortgage obligations 3,166 (57 ) 0 0 3,166 (57 ) Municipalities 45,137 (917 ) 402 (29 ) 45,539 (946 ) SBA pools 6,415 (46 ) 753 (5 ) 7,168 (51 ) Corporate debt 12,776 (757 ) 2,884 (110 ) 15,660 (867 ) Asset backed securities 2,576 (15 ) 8,272 (86 ) 10,848 (101 ) Mutual fund 0 0 3,059 (205 ) 3,059 (205 ) Total temporarily impaired securities $ 78,839 $ (2,000 ) $ 16,088 $ (436 ) $ 94,927 $ (2,436 )
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 13,969 $ 14,123 Due after one year through five years 49,259 49,259 Due after five years through ten years 67,791 68,049 Due after ten years 38,583 38,438 $ 169,602 $ 169,869

Note 4 - Loans (Tables)

Note 4 - Loans (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) March 31, 2017 December 31, 2016 Commercial real estate: Commercial real estate- construction $ 21,063 $ 23,378 Commercial real estate- mortgages 397,320 389,495 Land 11,184 9,823 Farmland 55,803 56,159 Commercial and industrial 65,247 64,201 Consumer 714 767 Consumer residential 37,290 38,672 Agriculture 24,273 28,454 Total loans 612,894 610,949 Less: Deferred loan fees and costs, net (1,992 ) (2,013 ) Allowance for loan losses (7,827 ) (7,832 ) Net loans $ 603,075 $ 601,104
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	December 23, 2015 (in thousands) Purchased credit-impaired loans Other purchased loans Total Contractually required payments including interest $ 1,982 $ 44,007 $ 45,989 Less: nonaccretable difference (1,103 ) 0 (1,103 ) Cash flows expected to be collected (undiscounted) 879 44,007 44,886 Accretable yield (14 ) (2,041 ) (2,055 ) Fair value of purchased loans $ 865 $ 41,966 $ 42,831
Impaired Financing Receivables [Table Text Block]	(in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance March 31, 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 2,424 0 2,108 2,108 680 Farmland 0 0 0 0 0 Commercial and Industrial 352 305 0 305 0 Consumer 0 0 0 0 0 Consumer residential 154 154 0 154 0 Agriculture 0 0 0 0 0 Total $ 2,930 $ 459 $ 2,108 $ 2,567 $ 680 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance December 31, 2016 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 3,131 2,715 0 2,715 680 Farmland 0 0 0 0 0 Commercial and Industrial 353 4 302 306 0 Consumer 0 0 0 0 0 Consumer residential 16 16 0 16 0 Agriculture 0 0 0 0 0 Total $ 3,500 $ 2,735 $ 302 $ 3,037 $ 680
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(in thousands) March 31, 2017 December 31, 2016 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 2,108 2,715 Farmland 0 0 Commercial and industrial 305 306 Consumer 0 0 Consumer residential 154 16 Agriculture 0 0 Total non-accrual loans $ 2,567 $ 3,037
Past Due Financing Receivables [Table Text Block]	March 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Purchased Credit Impaired Loans Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 21,063 $ 0 $ 21,063 $ 0 Commercial R.E. - mortgages 0 0 0 0 397,320 0 397,320 0 Land 0 0 2,108 2,108 9,043 33 11,184 0 Farmland 0 0 0 0 55,803 0 55,803 0 Commercial and industrial 75 0 302 377 64,870 0 65,247 0 Consumer 0 0 0 0 714 0 714 0 Consumer residential 0 138 16 154 37,136 0 37,290 0 Agriculture 0 0 0 0 24,273 0 24,273 0 Total $ 75 $ 138 $ 2,426 $ 2,639 $ 610,222 $ 33 $ 612,894 $ 0 December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Purchased Credit Impaired Loans Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 23,378 $ 0 23,378 $ 0 Commercial R.E. - mortgages 0 0 0 0 389,495 0 389,495 0 Land 0 0 2,715 2,715 7,075 33 9,823 0 Farmland 0 0 0 0 56,159 0 56,159 0 Commercial and industrial 0 0 302 302 63,899 0 64,201 0 Consumer 0 0 0 0 767 0 767 0 Consumer residential 0 0 16 16 38,656 0 38,672 0 Agriculture 0 0 0 0 28,454 0 28,454 0 Total $ 0 $ 0 $ 3,033 $ 3,033 $ 607,883 $ 33 610,949 $ 0
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	For the Three Months Ended (dollars in thousands) March 31, 2016 Number of Loans Pre- Modification Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Commercial real estate: Commercial R.E. - construction 1 $ 1,090 $ 1,090 Commercial R.E. - mortgages 0 0 0 Land 1 565 565 Farmland 0 0 0 Commercial and industrial 1 599 599 Consumer 0 0 0 Consumer residential 0 0 0 Agriculture 0 0 0 Total 3 $ 2,254 $ 2,254
Financing Receivable Credit Quality Indicators [Table Text Block]	(in thousands) Commercial R.E. Construction Commercial R.E. Mortgages Land (1) Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2017 Pass $ 21,063 $ 396,344 $ 8,609 $ 55,803 $ 63,717 $ 686 $ 36,785 $ 24,273 $ 607,280 Special mention - 976 - - 310 - - - 1,286 Substandard - - 2,295 - 1,220 28 505 - 4,048 Doubtful - - 280 - - - - - 280 Total loans $ 21,063 $ 397,320 $ 11,184 $ 55,803 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 612,894 December 31, 2016 Pass $ 22,560 $ 388,365 $ 6,637 $ 56,159 $ 62,770 $ 738 $ 38,300 $ 28,454 $ 603,983 Special mention 818 1,063 - - 189 - - - 2,070 Substandard - 67 2,906 1,242 29 372 - 4,616 Doubtful - - 280 - - - - - 280 Total loans $ 23,378 $ 389,495 $ 9,823 $ 56,159 $ 64,201 $ 767 $ 38,672 $ 28,454 $ 610,949
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Allowance for Loan Losses For the three Months Ended March 31, 2017 and 2016 (in thousands) Commercial Commercial and Consumer Three Months Ended March 31, 2017 Real Estate Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs 0 0 (7 ) 0 0 0 (7 ) Recoveries 0 0 2 0 0 0 2 (Reversal of) provision for loan losses 81 38 (9 ) (15 ) (57 ) (38 ) 0 Ending balance $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 Three Months Ended March 31, 2016 Beginning balance $ 5,920 $ 627 $ 38 $ 426 $ 309 $ 36 $ 7,356 Charge-offs 0 0 (3 ) 0 0 0 (3 ) Recoveries 3 0 0 1 0 0 4 (Reversal of) provision for loan losses 75 93 9 (29 ) (7 ) 59 200 Ending balance $ 5,998 $ 720 $ 44 $ 398 $ 302 $ 95 $ 7,557 (in thousands) Commercial Commercial and Consumer March 31, 2017 Real Estate Industrial Consumer Residential Agriculture Unallocated Total Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,586 735 37 310 447 32 7,147 $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 Ending gross loan balances: Individually evaluated for impairment $ 2,108 $ 305 $ 0 $ 154 $ 0 $ 0 $ 2,567 Individually evaluated purchased credit impaired loans 33 0 0 0 0 0 33 Collectively evaluated for impairment 483,229 64,942 714 37,136 24,273 0 610,294 $ 485,370 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 0 $ 612,894 December 31, 2016 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,505 697 51 325 504 70 7,152 $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Ending gross loans balances: Individually evaluated for impairment $ 2,715 $ 306 $ 0 $ 16 $ 0 $ 0 $ 3,037 Individually evaluated purchased credit impaired loans 33 0 0 0 0 0 33 Collectively evaluated for impairment 476,107 63,895 767 38,656 28,454 0 607,879 $ 478,855 $ 64,201 $ 767 $ 38,672 $ 28,454 $ 0 $ 610,949 March 31, 2016 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ $ 680 Collectively evaluated for impairment 5,318 720 44 398 302 95 6,877 $ 5,998 $ 720 $ 44 $ 398 $ 302 $ 95 $ 7,557 Ending gross loans balances: Individually evaluated for impairment $ 3,675 $ 318 $ 0 $ 0 $ 2,704 $ 0 $ 6,697 Individually evaluated purchased credit impaired loans 387 458 0 0 0 0 845 Collectively evaluated for impairment 437,607 71,939 815 32,983 17,341 0 560,685 $ 441,669 $ 72,715 $ 815 $ 32,983 $ 20,045 $ 0 $ 568,227
Change in Allowance for Loan Losses [Table Text Block]	THREE MONTHS ENDED MARCH 31, 2017 2016 Balance, beginning of period $ 284 $ 238 Provision to Operations for Off Balance Sheet Commitments 5 26 Balance, end of period $ 289 $ 264
Mother Lode Bank [Member]
Notes Tables
Impaired Financing Receivables [Table Text Block]	(in thousands) March 31, 2017 December 31, 2016 Unpaid principal balance Carrying value Unpaid principal balance Carrying value Commercial real estate: Commercial real estate- construction $ 0 $ 0 $ 0 $ 0 Commercial real estate- mortgages 0 0 0 0 Land 280 33 280 33 Farmland 0 0 0 0 Commercial and industrial 0 0 0 0 Consumer 0 0 0 0 Consumer residential 0 0 0 0 Agriculture 0 0 0 0 Total purchased credit-impaired loans $ 280 $ 33 $ 280 $ 33
Average Recorded Investment [Member]
Notes Tables
Impaired Financing Receivables [Table Text Block]	Average Recorded Investment for the (in thousands) March 31, 2017 March 31, 2016 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 Commercial R.E. - mortgages 0 0 Land 2,700 2,553 Farmland 0 502 Commercial and Industrial 306 319 Consumer 0 0 Consumer residential 59 0 Agriculture 0 2,704 Total $ 3,065 $ 6,078
Weighted Average [Member]
Notes Tables
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2017 December 31, 2016 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.07 Commercial real estate - mortgages 3.08 3.08 Land 4.05 4.39 Farmland 3.09 3.09 Commercial and industrial 3.49 2.70 Consumer 2.14 2.28 Consumer residential 3.04 3.03 Agriculture 3.21 3.08 Total gross loans 3.14 3.06

Note 7 - Financial Instrument19

Note 7 - Financial Instruments and Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 167,715 $ 167,715 1 Restricted equity securities 3,795 3,795 2 Loans, net 603,075 613,988 3 Interest receivable 2,526 2,526 2 Financial liabilities: Deposits (899,169 ) (797,539 ) 3 Interest payable (43 ) (43 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,130 ) 3 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 190,810 $ 190,810 1 Restricted equity securities 3,795 3,795 2 Loans, net 601,104 611,553 3 Interest receivable 2,831 2,831 2 Financial liabilities: Deposits (914,093 ) (811,519 ) 3 Interest payable (45 ) (45 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,107 ) 3
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value Measurements at March 31, 2017 Using (in thousands) March 31, 2017 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 28,442 $ 0 $ 28,442 $ 0 Collateralized mortgage obligations 3,977 0 3,977 0 Municipalities 79,388 0 79,388 0 SBA pools 13,540 0 13,540 0 Corporate debt 20,685 0 20,685 0 Asset backed securities 20,767 0 20,767 0 Mutual fund 3,070 3,070 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 1,428 $ 0 $ 0 $ 1,428 Commercial and industrial 302 0 0 302 Other real estate owned 1,210 0 0 1,210 Fair Value Measurements at December 31, 2016 Using (in thousands) December 31, Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities U.S. agencies $ 28,286 $ 0 $ 28,286 $ 0 Collateralized mortgage obligations 4,109 0 4,109 0 Municipalities 78,329 0 78,329 0 SBA pools 7,168 0 7,168 0 Corporate debt 20,563 0 20,563 0 Asset backed securities 18,819 0 18,819 0 Mutual fund 3,059 3,059 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 1,746 $ 0 $ 0 $ 1,746 Commercial and industrial 302 0 0 302 Other real estate owned $ 1,210 $ 0 $ 0 $ 1,210

Note 8 - Earnings Per Share (Ta

Note 8 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	THREE MONTHS ENDED (In thousands) MARCH 31, 2017 2016 BASIC EARNINGS PER SHARE Net income $ 2,207 $ 1,509 Weighted average shares outstanding 8,042 8,009 Net income per common share $ 0.27 $ 0.19 DILUTED EARNINGS PER SHARE Net income $ 2,207 $ 1,509 Weighted average shares outstanding 8,042 8,009 Effect of dilutive stock options 5 1 Effect of dilutive non-vested restricted shares 25 42 Weighted average shares of common stock and common stock equivalents 8,072 8,052 Net income per diluted common share $ 0.27 $ 0.19

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual) - USD ($) $ in Millions	Dec. 23, 2015	Jul. 03, 2008
Conversion of Stock Shares Converted for Each Outstanding Share of Wholly Owned Subsidiary		1
Mother Lode Bank [Member]
Payments to Acquire Businesses, Gross	$ 7.3

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Available-for-sale Securities, Gross Realized Gains	$ 389,000	$ 6,000
Number of Available-for-sale Securities Sold	0	0
Security Owned and Pledged as Collateral, Fair Value	$ 96,257,000		$ 89,362,000
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	2
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	26
SBA Pool [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	2
Corporate Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	4
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	8
Asset-backed Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	5
Mutual Fund [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	1
US Government Agencies Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	7
Collateralized Mortgage Obligations [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Less than One Year	2

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Available-for-sale securities: Amortized Cost	$ 169,602	$ 160,715
Available-for-sale securities: Gross Unrealized Gains	2,049	2,054
Available-for-sale securities: Gross Unrealized Losses	(1,782)	(2,436)
Securities available for sale	169,869	160,333
US Government Agencies Debt Securities [Member]
Available-for-sale securities: Amortized Cost	28,097	27,879
Available-for-sale securities: Gross Unrealized Gains	535	616
Available-for-sale securities: Gross Unrealized Losses	(190)	(209)
Securities available for sale	28,442	28,286
Collateralized Mortgage Obligations [Member]
Available-for-sale securities: Amortized Cost	4,013	4,159
Available-for-sale securities: Gross Unrealized Gains	7	7
Available-for-sale securities: Gross Unrealized Losses	(43)	(57)
Securities available for sale	3,977	4,109
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities: Amortized Cost	78,517	77,957
Available-for-sale securities: Gross Unrealized Gains	1,356	1,318
Available-for-sale securities: Gross Unrealized Losses	(485)	(946)
Securities available for sale	79,388	78,329
SBA Pool [Member]
Available-for-sale securities: Amortized Cost	13,592	7,219
Available-for-sale securities: Gross Unrealized Gains	0	0
Available-for-sale securities: Gross Unrealized Losses	(52)	(51)
Securities available for sale	13,540	7,168
Corporate Debt Securities [Member]
Available-for-sale securities: Amortized Cost	21,352	21,349
Available-for-sale securities: Gross Unrealized Gains	112	81
Available-for-sale securities: Gross Unrealized Losses	(779)	(867)
Securities available for sale	20,685	20,563
Asset-backed Securities [Member]
Available-for-sale securities: Amortized Cost	20,746	18,888
Available-for-sale securities: Gross Unrealized Gains	39	32
Available-for-sale securities: Gross Unrealized Losses	(18)	(101)
Securities available for sale	20,767	18,819
Mutual Fund [Member]
Available-for-sale securities: Amortized Cost	3,285	3,264
Available-for-sale securities: Gross Unrealized Gains	0	0
Available-for-sale securities: Gross Unrealized Losses	(215)	(205)
Securities available for sale	$ 3,070	$ 3,059

Note 3 - Securities - Gross Unr

Note 3 - Securities - Gross Unrealized Losses and Fair Value of Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Description of Securities- Fair Value Less than 12 months	$ 55,278	$ 78,839
Description of Securities-Unrealized Loss Less than 12 months	(1,174)	(2,000)
Description of Securities-Fair Value 12 months or more	21,888	16,088
Description of Securities-Unrealized Loss 12 months or more	(608)	(436)
Description of Securities-Fair Value	77,166	94,927
Description of Securities-Unrealized Loss	(1,782)	(2,436)
US Government Agencies Debt Securities [Member]
Description of Securities- Fair Value Less than 12 months	9,227	8,769
Description of Securities-Unrealized Loss Less than 12 months	(190)	(208)
Description of Securities-Fair Value 12 months or more	0	718
Description of Securities-Unrealized Loss 12 months or more	0	(1)
Description of Securities-Fair Value	9,227	9,487
Description of Securities-Unrealized Loss	(190)	(209)
Collateralized Mortgage Obligations [Member]
Description of Securities- Fair Value Less than 12 months	3,131	3,166
Description of Securities-Unrealized Loss Less than 12 months	(43)	(57)
Description of Securities-Fair Value 12 months or more	0	0
Description of Securities-Unrealized Loss 12 months or more	0	0
Description of Securities-Fair Value	3,131	3,166
Description of Securities-Unrealized Loss	(43)	(57)
US States and Political Subdivisions Debt Securities [Member]
Description of Securities- Fair Value Less than 12 months	27,488	45,137
Description of Securities-Unrealized Loss Less than 12 months	(438)	(917)
Description of Securities-Fair Value 12 months or more	1,100	402
Description of Securities-Unrealized Loss 12 months or more	(47)	(29)
Description of Securities-Fair Value	28,588	45,539
Description of Securities-Unrealized Loss	(485)	(946)
SBA Pool [Member]
Description of Securities- Fair Value Less than 12 months	8,387	6,415
Description of Securities-Unrealized Loss Less than 12 months	(48)	(46)
Description of Securities-Fair Value 12 months or more	743	753
Description of Securities-Unrealized Loss 12 months or more	(4)	(5)
Description of Securities-Fair Value	9,130	7,168
Description of Securities-Unrealized Loss	(52)	(51)
Corporate Debt Securities [Member]
Description of Securities- Fair Value Less than 12 months	7,045	12,776
Description of Securities-Unrealized Loss Less than 12 months	(455)	(757)
Description of Securities-Fair Value 12 months or more	8,702	2,884
Description of Securities-Unrealized Loss 12 months or more	(324)	(110)
Description of Securities-Fair Value	15,747	15,660
Description of Securities-Unrealized Loss	(779)	(867)
Asset-backed Securities [Member]
Description of Securities- Fair Value Less than 12 months	0	2,576
Description of Securities-Unrealized Loss Less than 12 months	0	(15)
Description of Securities-Fair Value 12 months or more	8,273	8,272
Description of Securities-Unrealized Loss 12 months or more	(18)	(86)
Description of Securities-Fair Value	8,273	10,848
Description of Securities-Unrealized Loss	(18)	(101)
Mutual Fund [Member]
Description of Securities- Fair Value Less than 12 months	0	0
Description of Securities-Unrealized Loss Less than 12 months	0	0
Description of Securities-Fair Value 12 months or more	3,070	3,059
Description of Securities-Unrealized Loss 12 months or more	(215)	(205)
Description of Securities-Fair Value	3,070	3,059
Description of Securities-Unrealized Loss	$ (215)	$ (205)

Note 3 - Securities - Amortiz25

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities by Contractual Maturity or Call Date (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Due in one year or less, Amortized Cost	$ 13,969
Due in one year or less, Fair Value	14,123
Due after one year through five years, Amortized Cost	49,259
Due after one year through five years, Fair Value	49,259
Due after five years through ten years, Amortized Cost	67,791
Due after five years through ten years, Fair Value	68,049
Due after ten years, Amortized Cost	38,583
Due after ten years, Fair Value	38,438
Amortized Cost	169,602	$ 160,715
Fair Value	$ 169,869

Note 4 - Loans (Details Textual

Note 4 - Loans (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Loans and Leases Receivable, Percentage of Outstanding Principal Balance Secured by Owner Occupied Properties	40.20%		40.90%
Underwriting Standards, Loan to Value Percentage	80.00%
Underwriting Standards, Housing Percentage	36.00%
Underwriting Standards, Total Debt Ratio	42.00%
Certain Loans Acquired in Transfer, Accretable Yield				$ 14,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 37,000	$ 149,000
Financing Receivable, Modifications, Number of Contracts	5		6
Financing Receivable, Modifications, Recorded Investment	$ 2,429,000		$ 3,037,000
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 680,000		680,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0
Financing Receivable Modifications, Period Contractually Past Due for Loan to Be Considered in Payment Default	90 days
Loans and Leases Receivable, Minimum Cash Collateral Percent	110.00%
Loans and Leases Receivable, Gross	$ 612,894,000	$ 568,227,000	610,949,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	612,894,000		610,949,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down	0
Allowance for Loan and Lease Losses, Period Increase (Decrease)	0
Impaired Financing Receivable, Interest Income, Accrual Method	0	$ 0
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		0
Substandard [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category	40.00%
Loans and Leases Receivable, Gross	$ 4,048,000		4,616,000
Doubtful [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category	25.00%
Loans and Leases Receivable, Gross	$ 280,000		280,000
Unlikely to be Collected Financing Receivable [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category	35.00%
Loans and Leases Receivable, Gross	$ 0		0
Minimum [Member]
Financing Receivable, Rating Example Disbursement to Unsecured Creditors by Illusory Company in Liquidation, Percentage	40.00%
Maximum [Member]
Financing Receivable, Rating Example Disbursement to Unsecured Creditors by Illusory Company in Liquidation, Percentage	65.00%
Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts	0	3
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	79.00%
Loans and Leases Receivable, Gross	$ 485,370,000	$ 441,669,000	478,855,000
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	11.00%
Loans and Leases Receivable, Gross	$ 65,247,000	$ 72,715,000	64,201,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Gross	1,220,000		1,242,000
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans and Leases Receivable, Gross
Commercial Portfolio Segment [Member] | Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts		1
Residential Real Estate and Other Consumer Loans [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	6.00%
Agriculture [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	4.00%
Loans and Leases Receivable, Gross	$ 24,273,000	$ 20,045,000	28,454,000
Agriculture [Member] | Substandard [Member]
Loans and Leases Receivable, Gross
Agriculture [Member] | Doubtful [Member]
Loans and Leases Receivable, Gross
Agriculture [Member] | Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts		0
Purchased Credit Impaired Loans [Member]
Loans and Leases Receivable, Gross	$ 33,000		$ 33,000

Note 4 - Loans - Loans (Details

Note 4 - Loans - Loans (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Loans		$ 612,894	$ 610,949	$ 568,227
Deferred loan fees and costs, net		(1,992)	(2,013)
Allowance for loan losses		(7,827)	(7,832)	(7,557)	$ (7,356)
Net loans		603,075	601,104
Commercial Real Estate Portfolio Segment [Member]
Loans		485,370	478,855	441,669
Allowance for loan losses		(6,266)	(6,185)	(5,998)	(5,920)
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		21,063	23,378
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		397,320	389,495
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	11,184	9,823
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		55,803	56,159
Commercial Portfolio Segment [Member]
Loans		65,247	64,201	72,715
Allowance for loan losses		(735)	(697)	(720)	(627)
Consumer Portfolio Segment [Member]
Loans		714	767	815
Allowance for loan losses		(37)	(51)	(44)	(38)
Residential Portfolio Segment [Member]
Loans		37,290	38,672	32,983
Allowance for loan losses		(310)	(325)	(398)	(426)
Agriculture [Member]
Loans		24,273	28,454	20,045
Allowance for loan losses		$ (447)	$ (504)	$ (302)	$ (309)
[1]	Included in the above table is one Purchased Credit Impaired loan recorded at its fair value of $33,000 as of March 31, 2017 and December 31, 2016, which were acquired in the MLB Acquisition.

Note 4 - Loans - Purchased Cred

Note 4 - Loans - Purchased Credit-impaired and Other Loans, Fair Value (Details) $ in Thousands	Dec. 23, 2015USD ($)
Contractually required payments including interest	$ 45,989
Less: nonaccretable difference	(1,103)
Cash flows expected to be collected (undiscounted)	44,886
Accretable yield	(2,055)
Fair value of purchased loans	42,831
Mother Lode Bank [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Contractually required payments including interest	1,982
Less: nonaccretable difference	(1,103)
Cash flows expected to be collected (undiscounted)	879
Accretable yield	(14)
Fair value of purchased loans	865
Mother Lode Bank [Member] | Other Purchased Loans [Member]
Contractually required payments including interest	44,007
Less: nonaccretable difference	0
Cash flows expected to be collected (undiscounted)	44,007
Accretable yield	(2,041)
Fair value of purchased loans	$ 41,966

Note 4 - Loans - Outstanding Ba

Note 4 - Loans - Outstanding Balance and Related Carrying Value of PCI (Details) - USD ($)		Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Unpaid principal balance		$ 2,930,000	$ 3,500,000
Loans		612,894,000	610,949,000	$ 568,227,000
Commercial Real Estate Portfolio Segment [Member]
Loans		485,370,000	478,855,000	441,669,000
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid principal balance		0	0
Loans		21,063,000	23,378,000
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid principal balance		0	0
Loans		397,320,000	389,495,000
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid principal balance		2,424,000	3,131,000
Loans	[1]	11,184,000	9,823,000
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid principal balance		0	0
Loans		55,803,000	56,159,000
Commercial Portfolio Segment [Member]
Unpaid principal balance		352,000	353,000
Loans		65,247,000	64,201,000	72,715,000
Consumer Portfolio Segment [Member]
Unpaid principal balance		0	0
Loans		714,000	767,000	815,000
Residential Portfolio Segment [Member]
Unpaid principal balance		154,000	16,000
Loans		37,290,000	38,672,000	$ 32,983,000
Mother Lode Bank [Member]
Unpaid principal balance		280,000	280,000
Loans		33,000	33,000
Mother Lode Bank [Member] | Agriculture [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid principal balance		280,000	280,000
Loans		33,000	33,000
Mother Lode Bank [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Commercial Portfolio Segment [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Consumer Portfolio Segment [Member]
Unpaid principal balance		0	0
Loans		0	0
Mother Lode Bank [Member] | Residential Portfolio Segment [Member]
Unpaid principal balance		0	0
Loans		$ 0	$ 0
[1]	Included in the above table is one Purchased Credit Impaired loan recorded at its fair value of $33,000 as of March 31, 2017 and December 31, 2016, which were acquired in the MLB Acquisition.

Note 4 - Loans - Non Accrual Lo

Note 4 - Loans - Non Accrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Non Accrual Loans	$ 2,567	$ 3,037
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Non Accrual Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Non Accrual Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Non Accrual Loans	2,108	2,715
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Non Accrual Loans	0	0
Commercial Portfolio Segment [Member]
Non Accrual Loans	305	306
Consumer Portfolio Segment [Member]
Non Accrual Loans	0	0
Residential Portfolio Segment [Member]
Non Accrual Loans	154	16
Agriculture [Member]
Non Accrual Loans	$ 0	$ 0

Note 4 - Loans - Aging of Past

Note 4 - Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Past due		$ 2,639	$ 3,033
Current		610,222	607,883
Non Accrual Loans		2,567	3,037
Loans		612,894	610,949	$ 568,227
Greater than 90 days past due and still accruing		0	0
Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		33	33
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		75	0
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		138	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		2,426	3,033
Commercial Real Estate Portfolio Segment [Member]
Loans		485,370	478,855	441,669
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past due		0	0
Current		21,063	23,378
Non Accrual Loans		0	0
Loans		21,063	23,378
Greater than 90 days past due and still accruing		0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Past due		0	0
Current		397,320	389,495
Non Accrual Loans		0	0
Loans		397,320	389,495
Greater than 90 days past due and still accruing		0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Past due		2,108	2,715
Current		9,043	7,075
Non Accrual Loans		2,108	2,715
Loans	[1]	11,184	9,823
Greater than 90 days past due and still accruing		0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		33	33
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		2,108	2,715
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Past due		0	0
Current		55,803	56,159
Non Accrual Loans		0	0
Loans		55,803	56,159
Greater than 90 days past due and still accruing		0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		0	0
Commercial Portfolio Segment [Member]
Past due		377	302
Current		64,870	63,899
Non Accrual Loans		305	306
Loans		65,247	64,201	72,715
Greater than 90 days past due and still accruing		0	0
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		75	0
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		302	302
Consumer Portfolio Segment [Member]
Past due		0	0
Current		714	767
Non Accrual Loans		0	0
Loans		714	767	815
Greater than 90 days past due and still accruing		0	0
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		0	0
Residential Portfolio Segment [Member]
Past due		154	16
Current		37,136	38,656
Non Accrual Loans		154	16
Loans		37,290	38,672	32,983
Greater than 90 days past due and still accruing		0	0
Residential Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		138	0
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		16	16
Agriculture [Member]
Past due		0	0
Current		24,273	28,454
Non Accrual Loans		0	0
Loans		24,273	28,454	$ 20,045
Greater than 90 days past due and still accruing		0	0
Agriculture [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Non Accrual Loans		0	0
Agriculture [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		0	0
Agriculture [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Agriculture [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		$ 0	$ 0
[1]	Included in the above table is one Purchased Credit Impaired loan recorded at its fair value of $33,000 as of March 31, 2017 and December 31, 2016, which were acquired in the MLB Acquisition.

Note 4 - Loans - Impaired Loans

Note 4 - Loans - Impaired Loans (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Unpaid principal balance	$ 2,930,000	$ 3,500,000
Recorded investment with no allowance	459,000	2,735,000
Recorded investment with allowance	2,108,000	302,000
Non Accrual Loans	2,567,000	3,037,000
Related Allowance	680,000	680
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid principal balance	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Non Accrual Loans	0	0
Related Allowance	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid principal balance	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Non Accrual Loans	0	0
Related Allowance	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid principal balance	2,424,000	3,131,000
Recorded investment with no allowance	0	2,715,000
Recorded investment with allowance	2,108,000	0
Non Accrual Loans	2,108,000	2,715,000
Related Allowance	680,000	680,000
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid principal balance	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Non Accrual Loans	0	0
Related Allowance	0	0
Commercial Portfolio Segment [Member]
Unpaid principal balance	352,000	353,000
Recorded investment with no allowance	305,000	4,000
Recorded investment with allowance	0	302,000
Non Accrual Loans	305,000	306,000
Related Allowance	0	0
Consumer Portfolio Segment [Member]
Unpaid principal balance	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Non Accrual Loans	0	0
Related Allowance	0	0
Residential Portfolio Segment [Member]
Unpaid principal balance	154,000	16,000
Recorded investment with no allowance	154,000	16,000
Recorded investment with allowance	0	0
Non Accrual Loans	154,000	16,000
Related Allowance	0	0
Agriculture [Member]
Unpaid principal balance	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Non Accrual Loans	0	0
Related Allowance	$ 0	$ 0

Note 4 - Loans - Impaired Loa33

Note 4 - Loans - Impaired Loans, Average Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Average recorded investment	$ 3,065	$ 6,078
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Average recorded investment	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Average recorded investment	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Average recorded investment	2,700	2,553
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Average recorded investment	0	502
Commercial Portfolio Segment [Member]
Average recorded investment	306	319
Consumer Portfolio Segment [Member]
Average recorded investment	0	0
Residential Portfolio Segment [Member]
Average recorded investment	59	0
Agriculture [Member]
Average recorded investment	$ 0	$ 2,704

Note 4 - Loans - Troubled Debt

Note 4 - Loans - Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016USD ($)	Dec. 31, 2016
Number of loans	5		6
Extended Maturity [Member]
Number of loans	0	3
Pre-modification outstanding recorded investment		$ 2,254
Post-modification outstanding recorded investment		$ 2,254
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Extended Maturity [Member]
Number of loans		1
Pre-modification outstanding recorded investment		$ 1,090
Post-modification outstanding recorded investment		$ 1,090
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Extended Maturity [Member]
Number of loans		0
Pre-modification outstanding recorded investment		$ 0
Post-modification outstanding recorded investment		$ 0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Extended Maturity [Member]
Number of loans		1
Pre-modification outstanding recorded investment		$ 565
Post-modification outstanding recorded investment		$ 565
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Extended Maturity [Member]
Number of loans		0
Pre-modification outstanding recorded investment		$ 0
Post-modification outstanding recorded investment		$ 0
Commercial Portfolio Segment [Member] | Extended Maturity [Member]
Number of loans		1
Pre-modification outstanding recorded investment		$ 599
Post-modification outstanding recorded investment		$ 599
Consumer Portfolio Segment [Member] | Extended Maturity [Member]
Number of loans		0
Pre-modification outstanding recorded investment		$ 0
Post-modification outstanding recorded investment		$ 0
Residential Portfolio Segment [Member] | Extended Maturity [Member]
Number of loans		0
Pre-modification outstanding recorded investment		$ 0
Post-modification outstanding recorded investment		$ 0
Agriculture [Member] | Extended Maturity [Member]
Number of loans		0
Pre-modification outstanding recorded investment		$ 0
Post-modification outstanding recorded investment		$ 0

Note 4 - Loans - Weighted Avera

Note 4 - Loans - Weighted Average Risk Grades of Loan Portfolio (Details)	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Weighted average risk grade of loans	3.14	3.06
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Weighted average risk grade of loans	3	3.07
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Weighted average risk grade of loans	3.08	3.08
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Weighted average risk grade of loans	4.05	4.39
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Weighted average risk grade of loans	3.09	3.09
Commercial Portfolio Segment [Member]
Weighted average risk grade of loans	3.49	2.7
Consumer Portfolio Segment [Member]
Weighted average risk grade of loans	2.14	2.28
Residential Portfolio Segment [Member]
Weighted average risk grade of loans	3.04	3.03
Agriculture [Member]
Weighted average risk grade of loans	3.21	3.08

Note 4 - Loans - Loans by Credi

Note 4 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Loans		$ 612,894	$ 610,949	$ 568,227
Commercial Real Estate Portfolio Segment [Member]
Loans		485,370	478,855	441,669
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		21,063	23,378
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		397,320	389,495
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	11,184	9,823
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		55,803	56,159
Commercial Portfolio Segment [Member]
Loans		65,247	64,201	72,715
Consumer Portfolio Segment [Member]
Loans		714	767	815
Residential Portfolio Segment [Member]
Loans		37,290	38,672	32,983
Agriculture [Member]
Loans		24,273	28,454	$ 20,045
Pass [Member]
Loans		607,280	603,983
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		21,063	22,560
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		396,344	388,365
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	8,609	6,637
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		55,803	56,159
Pass [Member] | Commercial Portfolio Segment [Member]
Loans		63,717	62,770
Pass [Member] | Consumer Portfolio Segment [Member]
Loans		686	738
Pass [Member] | Residential Portfolio Segment [Member]
Loans		36,785	38,300
Pass [Member] | Agriculture [Member]
Loans		24,273	28,454
Special Mention [Member]
Loans		1,286	2,070
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans			818
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		976	1,063
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans		310	189
Special Mention [Member] | Consumer Portfolio Segment [Member]
Loans
Special Mention [Member] | Residential Portfolio Segment [Member]
Loans
Special Mention [Member] | Agriculture [Member]
Loans
Substandard [Member]
Loans		4,048	4,616
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans			67
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	2,295	2,906
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans		1,220	1,242
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans		28	29
Substandard [Member] | Residential Portfolio Segment [Member]
Loans		505	372
Substandard [Member] | Agriculture [Member]
Loans
Doubtful [Member]
Loans		280	280
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	280	280
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Doubtful [Member] | Commercial Portfolio Segment [Member]
Loans
Doubtful [Member] | Consumer Portfolio Segment [Member]
Loans
Doubtful [Member] | Residential Portfolio Segment [Member]
Loans
Doubtful [Member] | Agriculture [Member]
Loans
[1]	Included in the above table is one Purchased Credit Impaired loan recorded at its fair value of $33,000 as of March 31, 2017 and December 31, 2016, which were acquired in the MLB Acquisition.

Note 4 - Loans - Allowance for

Note 4 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
Beginning balance	$ 7,832	$ 7,356
Charge-offs	(7)	(3)
Recoveries	2	4
Provision for loan losses	0	200
Ending balance	7,827	7,557
Individually evaluated for impairment			$ 680	$ 680	$ 680
Collectively evaluated for impairment			7,147	7,152	6,877
	7,827	7,356	7,827	7,832	7,557
Individually evaluated for impairment			2,567	3,037	6,697
Collectively evaluated for impairment			610,294	607,879	560,685
Loans and Leases Receivable, Gross			612,894	610,949	568,227
Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			33	33	845
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	6,185	5,920
Charge-offs	0	0
Recoveries	0	3
Provision for loan losses	81	75
Ending balance	6,266	5,998
Individually evaluated for impairment			680	680	680
Collectively evaluated for impairment			5,586	5,505	5,318
	6,185	5,920	6,266	6,185	5,998
Individually evaluated for impairment			2,108	2,715	3,675
Collectively evaluated for impairment			483,229	476,107	437,607
Loans and Leases Receivable, Gross			485,370	478,855	441,669
Commercial Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			33	33	387
Commercial Portfolio Segment [Member]
Beginning balance	697	627
Charge-offs	0	0
Recoveries	0	0
Provision for loan losses	38	93
Ending balance	735	720
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			735	697	720
	697	627	735	697	720
Individually evaluated for impairment			305	306	318
Collectively evaluated for impairment			64,942	63,895	71,939
Loans and Leases Receivable, Gross			65,247	64,201	72,715
Commercial Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			0	0	458
Consumer Portfolio Segment [Member]
Beginning balance	51	38
Charge-offs	(7)	(3)
Recoveries	2	0
Provision for loan losses	(9)	9
Ending balance	37	44
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			37	51	44
	51	38	37	51	44
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			714	767	815
Loans and Leases Receivable, Gross			714	767	815
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			0	0	0
Residential Portfolio Segment [Member]
Beginning balance	325	426
Charge-offs	0	0
Recoveries	0	1
Provision for loan losses	(15)	(29)
Ending balance	310	398
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			310	325	398
	325	426	310	325	398
Individually evaluated for impairment			154	16	0
Collectively evaluated for impairment			37,136	38,656	32,983
Loans and Leases Receivable, Gross			37,290	38,672	32,983
Residential Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			0	0	0
Agriculture [Member]
Beginning balance	504	309
Charge-offs	0	0
Recoveries	0	0
Provision for loan losses	(57)	(7)
Ending balance	447	302
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			447	504	302
	504	309	447	504	302
Individually evaluated for impairment			0	0	2,704
Collectively evaluated for impairment			24,273	28,454	17,341
Loans and Leases Receivable, Gross			24,273	28,454	20,045
Agriculture [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			0	0	0
Unallocated Financing Receivables [Member]
Beginning balance	70	36
Charge-offs	0	0
Recoveries	0	0
Provision for loan losses	(38)	59
Ending balance	32	95
Individually evaluated for impairment
Collectively evaluated for impairment			32	70	95
	$ 70	$ 36	32	70	95
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			0	0	0
Loans and Leases Receivable, Gross			0	0	0
Unallocated Financing Receivables [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Individually evaluated for impairment			$ 0	$ 0	$ 0

Note 4 - Loans - Changes in the

Note 4 - Loans - Changes in the Allowance Off Balance Sheet Commitments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Balance, beginning of period	$ 284	$ 238
Provision to Operations for Off Balance Sheet Commitments	5	26
Balance, end of period	$ 289	$ 264

Note 5 - Other Real Estate Ow39

Note 5 - Other Real Estate Owned (Details Textual)	3 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016	Dec. 31, 2016USD ($)
Number of Real Estate Properties	3		3
Real Estate Acquired Through Foreclosure	$ 1,210,000		$ 1,210,000
Number of Real Estate Properties, Written Off	1		1
Number of Real Estate Properties, Disposed Of	0	0

Note 6 - Other Post-retiremen40

Note 6 - Other Post-retirement Benefit Plans (Details Textual)	1 Months Ended				3 Months Ended
	Sep. 30, 2016USD ($)	Mar. 31, 2014USD ($)	Jan. 31, 2008USD ($)	Dec. 31, 2001	Mar. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Number Of Directors Awarded Director Retirement Plan		3	2
Liability, Other Postretirement Defined Benefit Plan					$ 2,861,000	$ 2,762,000
Payment to Acquire Life Insurance Policy, Investing Activities	$ 4,000,000	$ 1,000,000	$ 4,700,000
Bank Owned Life Insurance					$ 18,132,000	$ 18,004,000
Director Retirement Plan [Member]
Other Postretirement Defined Benefit Plan Expected Annual Future Benefit Payments Period				10 years
Minimum [Member]
Other Postretirement Defined Benefit Plan Expected Annual Future Benefit Payments Period					10 years
Maximum [Member]
Other Postretirement Defined Benefit Plan Expected Annual Future Benefit Payments Period					20 years

Note 7 - Financial Instrument41

Note 7 - Financial Instruments and Fair Value Measurements (Details Textual)	3 Months Ended
	Mar. 31, 2017
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Discount Rate	6.00%

Note 7 - Financial Instrument42

Note 7 - Financial Instruments and Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Cash and cash equivalents	$ 167,715	$ 190,810	$ 159,568	$ 190,603
Loans, net	603,075	601,104
Deposits	(899,169)	(914,093)
Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	167,715	190,810
Cash and cash equivalents, fair value	167,715	190,810
Fair Value, Inputs, Level 2 [Member]
Restricted equity securities	3,795	3,795
Restricted equity securities, fair value	3,795	3,795
Interest receivable	2,526	2,831
Interest payable	(43)	(45)
Fair Value, Inputs, Level 3 [Member]
Loans, net	603,075	601,104
Loans, net, fair value	613,988	611,553
Deposits	(899,169)	(914,093)
Deposits, fair value	(797,539)	(811,519)
Commitments and standby letters of credit, fair value	$ (1,130)	$ (1,107)

Note 7 - Financial Instrument43

Note 7 - Financial Instruments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring and Non Recurring Basis (Details) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Securities available for sale	$ 169,869,000	$ 160,333,000
Other real estate owned	1,210,000	1,210,000
Fair Value, Measurements, Recurring [Member] | Mutual Fund [Member]
Securities available for sale	3,070,000	3,059,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mutual Fund [Member]
Securities available for sale	3,070,000	3,059,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mutual Fund [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mutual Fund [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Securities available for sale	28,442,000	28,286,000
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	28,442,000	28,286,000
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member]
Securities available for sale	3,977,000	4,109,000
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	3,977,000	4,109,000
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Securities available for sale	79,388,000	78,329,000
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	79,388,000	78,329,000
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | SBA Pool [Member]
Securities available for sale	13,540,000	7,168,000
Fair Value, Measurements, Recurring [Member] | SBA Pool [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | SBA Pool [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	13,540,000	7,168,000
Fair Value, Measurements, Recurring [Member] | SBA Pool [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Securities available for sale	20,685,000	20,563,000
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	20,685,000	20,563,000
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member]
Securities available for sale	20,767,000	18,819,000
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	20,767,000	18,819,000
Fair Value, Measurements, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Fair Value, Measurements, Nonrecurring [Member]
Other real estate owned	1,210,000	1,210,000
Fair Value, Measurements, Nonrecurring [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Impaired loans	1,428,000	1,746,000
Fair Value, Measurements, Nonrecurring [Member] | Commercial Portfolio Segment [Member]
Impaired loans	302,000	302,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Other real estate owned	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Impaired loans	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial Portfolio Segment [Member]
Impaired loans	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Other real estate owned	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Impaired loans	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Portfolio Segment [Member]
Impaired loans	0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Other real estate owned	1,210,000	1,210,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Impaired loans	1,428,000	1,746,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member]
Impaired loans	$ 302,000	$ 302,000

Note 8 - Earnings Per Share (De

Note 8 - Earnings Per Share (Details Textual)	3 Months Ended
	Mar. 31, 2017shares	Mar. 31, 2016$ / sharesshares
Number Of Forms Of Outstanding Common Stock	2
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | shares	0	28,511
Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares		$ 9.95
Employee Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price | $ / shares		$ 15
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | shares	0	0

Note 8 - Earnings Per Share - E

Note 8 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Net income	$ 2,207	$ 1,509	$ 7,665
Weighted average shares outstanding (in shares)	8,042	8,009
Net income per common share (in dollars per share)	$ 0.27	$ 0.19
Effect of dilutive stock options (in shares)	5	1
Effect of dilutive non-vested restricted shares (in shares)	25	42
Weighted average shares of common stock and common stock equivalents (in shares)	8,072	8,052
NET INCOME PER DILUTED COMMON SHARE (in dollars per share)	$ 0.27	$ 0.19