Oak Valley Bancorp (OVLY) 10-Q 10 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 01, 2018
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	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		8,183,005
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 151,406,000	$ 142,968,000
Federal funds sold	11,300,000	6,205,000
Cash and cash equivalents	162,706,000	149,173,000
Securities - available for sale	198,221,000	179,248,000
Securities – equity investments	3,071,000	3,112,000
Loans, net of allowance for loan loss of $8,165 and $8,166 at March 31, 2018 and December 31, 2017, respectively	638,902,000	652,989,000
Cash surrender value of life insurance	18,642,000	18,517,000
Bank premises and equipment, net	14,808,000	14,478,000
Other real estate owned	0	253,000
Goodwill and other intangible assets, net	4,027,000	4,056,000
Interest receivable and other assets	12,436,000	13,026,000
	1,052,813,000	1,034,852,000
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	955,341,000	938,882,000
Interest payable and other liabilities	5,877,000	5,203,000
Total liabilities	961,218,000	944,085,000
Commitments and contingencies
Shareholders’ equity
Common stock, no par value; 50,000,000 shares authorized, 8,183,005 and 8,098,605 shares issued and outstanding at March 31, 2018 and December 31, 2017, respectively	25,422,000	24,773,000
Additional paid-in capital	2,999,000	3,576,000
Retained earnings	63,015,000	61,429,000
Accumulated other comprehensive income, net of tax	159,000	989,000
Total shareholders’ equity	91,595,000	90,767,000
	$ 1,052,813,000	$ 1,034,852,000

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Net of allowance for loan loss	$ 8,165	$ 8,166
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)	8,183,005	8,098,605
Common stock, shares outstanding (in shares)	8,183,005	8,098,605

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
INTEREST INCOME
Interest and fees on loans	$ 7,571,000	$ 6,921,000
Interest on securities	1,228,000	1,074,000
Interest on federal funds sold	37,000	15,000
Interest on deposits with banks	571,000	301,000
Total interest income	9,407,000	8,311,000
INTEREST EXPENSE
Deposits	290,000	229,000
Total interest expense	290,000	229,000
Net interest income	9,117,000	8,082,000
Provision for loan losses	0	0
Net interest income after provision for loan losses	9,117,000	8,082,000
OTHER INCOME
Earnings on cash surrender value of life insurance	125,000	128,000
Gains on sales and calls of securities	71,000	389,000
Gain on sale of OREO	193,000	0
Other	263,000	293,000
Total non-interest income	1,332,000	1,471,000
OTHER EXPENSES
Salaries and employee benefits	4,019,000	3,612,000
Occupancy expenses	887,000	856,000
Data processing fees	416,000	346,000
Regulatory assessments (FDIC & DBO)	114,000	144,000
Other operating expenses	1,296,000	1,249,000
Total non-interest expense	6,732,000	6,207,000
Net income before provision for income taxes	3,717,000	3,346,000
Total provision for income taxes	915,000	1,139,000
Net Income	$ 2,802,000	$ 2,207,000
Net income per share (in dollars per share)	$ 0.35	$ 0.27
Net income per diluted share (in dollars per share)	$ 0.35	$ 0.27
Deposit Account [Member]
OTHER INCOME
Other income	$ 370,000	$ 335,000
Debit Card [Member]
OTHER INCOME
Other income	278,000	264,000
Mortgage Banking [Member]
OTHER INCOME
Other income	$ 32,000	$ 62,000

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Net income	$ 2,802	$ 2,207
Other comprehensive income:
Unrealized holding (losses) gains arising during the period	(1,339)	1,038
Less: reclassification for net gains included in net income	(71)	(389)
Other comprehensive (loss) gain, before tax	(1,410)	649
Tax benefit (expense) related to items of other comprehensive income	417	(267)
Total other comprehensive (loss) gain	(993)	382
Comprehensive income	$ 1,809	$ 2,589

Condensed Consolidated Stateme6

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, 2016	8,088,455
Balances at Dec. 31, 2016	$ 24,682	$ 3,473	$ 54,520	$ (225)	$ 82,450
Stock options exercised (in shares)	9,000
Stock options exercised	$ 91				91
Restricted stock issued (in shares)	8,000
Restricted stock issued					0
Restricted stock forfeited (in shares)	(6,850)
Restricted stock forfeited					0
Cash dividends declared			(2,022)		(2,022)
Stock based compensation		103			103
Other comprehensive income (loss)				1,051	1,051
DTA remeasurement reclassification			(163)	163	0
Net income			9,094		9,094
Balances (in shares) at Dec. 31, 2017	8,098,605
Balances at Dec. 31, 2017	$ 24,773	3,576	61,429	989	90,767
Restricted stock issued (in shares)	84,400
Restricted stock issued					0
Cash dividends declared			(1,053)		(1,053)
Stock based compensation		72			72
Other comprehensive income (loss)				(993)	(993)
Net income			2,802		2,802
APIC reclassification	649	(649)			0
Reclassification from adoption of ASU 2016-01			(163)	163	0
Balances (in shares) at Mar. 31, 2018	8,183,005
Balances at Mar. 31, 2018	$ 25,422	$ 2,999	$ 63,015	$ 159	$ 91,595

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,802,000	$ 2,207,000
Adjustments to reconcile net income to net cash from operating activities:
(Decrease) increase in deferred fees/costs, net	(89,000)	61,000
Depreciation	306,000	292,000
Amortization of investment securities, net	261,000	175,000
Stock based compensation	72,000	33,000
Gain on sale of OREO property	(193,000)	0
Gain on sales and calls of available for sale securities	(71,000)	(389,000)
Earnings on cash surrender value of life insurance	(125,000)	(128,000)
Increase in interest payable and other liabilities	674,000	1,082,000
Decrease in interest receivable	208,000	305,000
Decrease (increase) in other assets	826,000	(47,000)
Net cash from operating activities	4,671,000	3,591,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(26,666,000)	(12,453,000)
Purchases of equity securities	(21,000)	(21,000)
Proceeds from maturities, calls, and principal paydowns of securities available for sale	6,156,000	3,802,000
Net decrease (increase) in loans	14,176,000	(2,032,000)
Proceeds from sale of OREO	447,000	0
Net purchases of premises and equipment	(636,000)	(47,000)
Net cash used in investing activities	(6,544,000)	(10,751,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Shareholder cash dividends paid	(1,053,000)	(1,011,000)
Net increase (decrease) in demand deposits and savings accounts	19,149,000	(14,888,000)
Net decrease in time deposits	(2,690,000)	(36,000)
Net cash from (used in) financing activities	15,406,000	(15,935,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	13,533,000	(23,095,000)
CASH AND CASH EQUIVALENTS, beginning of period	149,173,000	190,810,000
CASH AND CASH EQUIVALENTS, end of period	162,706,000	167,715,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	292,000	231,000
NON-CASH INVESTING ACTIVITIES:
Change in unrealized gain on available-for-sale securities	$ (1,410,000)	$ 649,000

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 1 On July 3, 2008 one The consolidated financial statements include the accounts of the parent company and its wholly-owned bank subsidiary. Unless otherwise stated, the “Company” refers to the consolidated entity, Oak Valley Bancorp, while the “Bank” refers to Oak Valley Community Bank. 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 nine March 31, 2018 not no 10 December 31, 2017. 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. 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, 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, 2018
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 2 In May 2014, No. 2014 09, 606 606 ● August 2015 No. 2015 14 one December 15, 2017. December 15, 2016, ● March 2016 No. 2016 08 ● April 2016 No. 2016 10 ● May 2016 No. 2016 12 Topic 606 January 1, 2018 not No no In January 2016, No. 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 not ● 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, January 1, 2018 not In February 2016, No. 2016 02, Leases (Topic 842 2016 02 December 15, 2018 not In June 2016, No. 2016 13, Financial Instruments – Credit Losses (Topic 326 December 15, 2019, not 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 not In February 2018, 2018 02, Income Statement - Reporting Comprehensive Income (Topic 220 Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income 2017. December 15, 2018, not December 31, 2017,

Note 3 - Securities

Note 3 - Securities	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 3 – SECURITIES Equity Securities The Company held equity securities with fair values of $3,071,000 $3,112,000 March 31, 2018 December 31, 2017, no three March 31, 2018. 2016 01, Debit Securities Debt securities have been classified in the financial statements as available for sale. The amortized cost and estimated fair values of debt securities as of March 31, 2018 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 46,699 $ 253 $ (307 ) $ 46,645 Collateralized mortgage obligations 2,469 1 (53 ) 2,417 Municipalities 91,927 1,346 (609 ) 92,664 SBA pools 10,945 50 (5 ) 10,990 Corporate debt 19,426 123 (688 ) 18,861 Asset backed securities 26,466 216 (38 ) 26,644 $ 197,932 $ 1,989 $ (1,700 ) $ 198,221 The following tables detail the gross unrealized losses and fair values of debt securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2018. (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 $ 15,848 $ (102 ) $ 5,211 $ (204 ) $ 21,059 $ (306 ) Collateralized mortgage obligations 1,540 (489 ) 876 (37 ) 2,416 (526 ) Municipalities 37,451 (16 ) 5,531 (120 ) 42,982 (136 ) SBA pools 3,717 (1 ) 626 (4 ) 4,343 (5 ) Corporate debt 2,016 (49 ) 11,850 (639 ) 13,866 (688 ) Asset backed securities 5,045 (30 ) 2,046 (9 ) 7,091 (39 ) Total temporarily impaired securities $ 65,617 $ (687 ) $ 26,140 $ (1,013 ) $ 91,757 $ (1,700 ) At March 31, 2018, nine six four two two one 12 fifty-one thirteen three three two one 12 third no not not The amortized cost and estimated fair value of investment securities at March 31, 2018, may (dollars in thousands) Amortized Fair Cost Value Debt securities: Due in one year or less $ 24,003 $ 24,302 Due after one year through five years 57,797 57,603 Due after five years through ten years 52,246 52,175 Due after ten years 63,886 64,141 $ 197,932 $ 198,221 The amortized cost and estimated fair values of debt securities as of December 31, 2017, (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 29,741 $ 374 $ (143 ) $ 29,972 Collateralized mortgage obligations 2,628 1 (36 ) 2,593 Municipalities 91,201 2,174 (308 ) 93,067 SBA pools 11,818 46 (14 ) 11,850 Corporate debt 19,358 112 (681 ) 18,789 Asset backed securities 22,866 125 (14 ) 22,977 $ 177,612 $ 2,832 $ (1,196 ) $ 179,248 The following tables detail the gross unrealized losses and fair values of debt securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 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 $ 10,588 $ (46 ) $ 5,437 $ (97 ) $ 16,025 $ (143 ) Collateralized mortgage obligations 1,090 (11 ) 921 (26 ) 2,011 (37 ) Municipalities 28,779 (236 ) 5,611 (72 ) 34,390 (308 ) SBA pools 1,998 (4 ) 703 (9 ) 2,701 (13 ) Corporate debt 1,994 (6 ) 13,815 (675 ) 15,809 (681 ) Asset backed securities 6,154 (13 ) 333 (1 ) 6,487 (14 ) Total temporarily impaired securities $ 50,603 $ (316 ) $ 26,820 $ (880 ) $ 77,423 $ (1,196 ) We recognized gross gains of $1,000 three March 31, 2018, $389,000 2017. one $70,000 first three 2018, no 2017. Debt securities carried at $105,639,000 $109,158,000 March 31, 2018 December 31, 2017,

Note 4 - Loans

Note 4 - Loans	3 Months Ended
	Mar. 31, 2018
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, 2018, 78% 11% 6% 5% (in thousands) March 31, 2018 December 31, 2017 Commercial real estate: Commercial real estate- construction $ 23,531 $ 31,265 Commercial real estate- mortgages 412,184 417,138 Land 11,164 10,072 Farmland 58,795 58,675 Commercial and industrial 69,636 69,610 Consumer 561 689 Consumer residential 36,359 37,161 Agriculture 36,137 37,934 Total loans 648,367 662,544 Less: Deferred loan fees and costs, net (1,300 ) (1,389 ) Allowance for loan losses (8,165 ) (8,166 ) Net loans $ 638,902 $ 652,989 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 on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not 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 as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally largely dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may third March 31, 2018 December 31, 2017, 44% 43%, 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 repayment and sponsorship including satisfactory collateral support. Credit enhancement obtained through government guarantee programs 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 not 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. Non-Accrual and Past Due Loans. not may may not Non-accrual loans, segregated by class of loans, were as follows: (in thousands) March 31, 2018 December 31, 2017 Commercial real estate: Land $ 993 $ 993 Commercial and industrial 302 302 Consumer residential 15 16 Total non-accrual loans $ 1,310 $ 1,311 Had non-accrual loans performed in accordance with their original contract terms, we would have recognized additional interest income of approximately $19,000 three March 31, 2018, $37,000 2017. 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, 2018 ( March 31, 2018 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 23,531 $ 23,531 $ 0 Commercial R.E. - mortgages 0 0 0 0 412,184 412,184 0 Land 0 0 993 993 10,171 11,164 0 Farmland 0 0 0 0 58,795 58,795 0 Commercial and industrial 8 0 302 310 69,326 69,636 0 Consumer 0 0 0 0 561 561 0 Consumer residential 0 0 0 0 36,359 36,359 0 Agriculture 0 0 0 0 36,137 36,137 0 Total $ 8 $ 0 $ 1,295 $ 1,303 $ 647,064 $ 648,367 $ 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, 2017 December 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 31,265 $ 31,265 $ 0 Commercial R.E. - mortgages 0 0 0 0 417,138 417,138 0 Land 0 0 993 993 9,079 10,072 0 Farmland 0 0 0 0 58,675 58,675 0 Commercial and industrial 19 0 302 321 69,289 69,610 0 Consumer 0 0 0 0 689 689 0 Consumer residential 0 0 0 0 37,161 37,161 0 Agriculture 0 0 0 0 37,934 37,934 0 Total $ 19 $ 0 $ 1,295 $ 1,314 $ 661,230 $ 662,544 $ 0 Impaired Loans. no three March 31, 2018 2017. Impaired loans as of March 31, 2018 December 31, 2017 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment March 31, 2018 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 1,309 0 993 993 680 993 Farmland 0 0 0 0 0 0 Commercial and Industrial 334 302 0 302 0 302 Consumer 0 0 0 0 0 0 Consumer residential 15 15 0 15 0 15 Agriculture 0 0 0 0 0 0 Total $ 1,658 $ 317 $ 993 $ 1,310 $ 680 $ 1,310 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 1,309 0 993 993 680 1,760 Farmland 0 0 0 0 0 0 Commercial and Industrial 334 302 0 302 0 303 Consumer 0 0 0 0 0 0 Consumer residential 16 16 0 16 0 76 Agriculture 0 0 0 0 0 0 Total $ 1,659 $ 318 $ 993 $ 1,311 $ 680 $ 2,139 Troubled Debt Restructurings – At March 31, 2018, 4 $1,310,000. December 31, 2017, 4 $1,311,000. March 31, 2018 December 31, 2017 no $680,000 March 31, 2018 December 31, 2017. The modification of the terms of such loans typically includes one During the three March 31, 2018 2017, no no twelve three March 31, 2018 2017. 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 one 110% 2. Quality Loan No 2 -Unquestionable debt-servicing capacity to cover all obligations in the ordinary course of business from well-defined primary and secondary sources. -Consistent strong earnings. -A solid equity base. 3A. Better than Acceptable Loan 3 three three 3 3A third not 2 -Strong earnings with no three -Long term experienced management with depth and defined management succession. -The loan has no -Loan-to-value on real estate secured transactions is 10% 20% -Very liquid balance sheet that may -Little to no 3B. Acceptable Loan 3B 3A 3C not -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 sources of repayment other than the subject collateral. Other common characteristics can include some or all of the following: minimal background experience of management, lacking continuity of management, a start-up operation, erratic historical profitability (acceptable reasons-well identified), lack of or marginal sponsorship of guarantor, and government guaranteed loans. 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 6 Substandard Loan not not 7 Doubtful Loan one may may may not 40 65 25 40 65 A proper classification of such a credit would show 40 25 35 may 8 Loss not not no not may not As of March 31, 2018 December 31, 2017, no 8 The following table presents weighted average risk grades of our loan portfolio: March 31, 2018 December 31, 2017 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.11 3.08 Commercial real estate - mortgages 3.01 3.01 Land 3.64 3.71 Farmland 3.14 3.14 Commercial and industrial 3.08 3.09 Consumer 2.15 2.34 Consumer residential 3.01 3.01 Agriculture 3.24 3.19 Total gross loans 3.05 3.05 The following table presents risk grade totals by class of loans as of March 31, 2018 December 31, 2017. 1 4 (in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2018 Pass $ 22,274 $ 411,487 $ 9,995 $ 58,795 $ 65,673 $ 533 $ 36,300 $ 36,137 $ 641,194 Special mention 1,257 - - - 3,653 - - - 4,910 Substandard - 697 1,169 - 310 28 59 - 2,263 Doubtful - - - - - - - - - Total loans $ 23,531 $ 412,184 $ 11,164 $ 58,795 $ 69,636 $ 561 $ 36,359 $ 36,137 $ 648,367 December 31, 2017 Pass $ 30,008 $ 416,437 $ 8,901 $ 58,675 $ 65,313 $ 662 $ 37,100 $ 37,934 $ 655,030 Special mention 1,257 - - - 3,762 - - - 5,019 Substandard - 701 1,171 - 535 27 61 - 2,495 Doubtful - - - - - - - - - Total loans $ 31,265 $ 417,138 $ 10,072 $ 58,675 $ 69,610 $ 689 $ 37,161 $ 37,934 $ 662,544 Allowance for Loan Losses. 310, 450, not 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 not 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, 2018 2017. one not Allowance for Loan Losses For the Three Months Ended March 31, 2018 2017 (in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2018 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,331 $ 813 $ 27 $ 300 $ 693 $ 2 $ 8,166 Charge-offs 0 0 (4 ) 0 0 0 (4 ) Recoveries 0 0 2 1 0 0 3 Provision for (reversal of) loan losses (193 ) (5 ) (3 ) (4 ) (15 ) 220 0 Ending balance $ 6,138 $ 808 $ 22 $ 297 $ 678 $ 222 $ 8,165 (in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs - - (7 ) - - - (7 ) Recoveries - - 2 - - - 2 Provision for (reversal of) loan losses 81 38 (9 ) (15 ) (57 ) (38 ) - Ending balance $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 The following table details the allowance for loan losses and ending gross loan balances as of March 31, 2018, December 31, 2017 March 31, 2017 (in thousands) Commercial Commercial Consumer March 31, 2018 Real Estate and 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 5,458 808 22 297 678 222 7,485 $ 6,138 $ 808 $ 22 $ 297 $ 678 $ 222 $ 8,165 Ending gross loan balances: Individually evaluated for impairment $ 993 $ 302 $ 0 $ 15 $ 0 $ 0 $ 1,310 Collectively evaluated for impairment 504,681 69,334 561 36,344 36,137 0 647,057 $ 505,674 $ 69,636 $ 561 $ 36,359 $ 36,137 $ 0 $ 648,367 December 31, 2017 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 5,651 813 27 300 693 2 7,486 $ 6,331 $ 813 $ 27 $ 300 $ 693 $ 2 $ 8,166 Ending gross loans balances: Individually evaluated for impairment $ 993 $ 303 $ 0 $ 15 $ 0 $ 0 $ 1,311 Collectively evaluated for impairment 516,157 69,307 689 37,146 37,934 0 661,233 $ 517,150 $ 69,610 $ 689 $ 37,161 $ 37,934 $ 0 $ 662,544 March 31, 2017 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 Collectively evaluated for impairment 483,262 64,942 714 37,136 24,273 0 610,327 $ 485,370 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 0 $ 612,894 Changes in the reserve for off-balance-sheet commitments were as follows: THREE MONTHS ENDED MARCH 31, 2018 2017 Balance, beginning of period $ 305 $ 284 Provision to Operations for Off Balance Sheet Commitments 63 5 Balance, end of period $ 368 $ 289 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, 2018 December 31, 2017, $648,367,000 $662,544,000,

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Real Estate Owned [Text Block]	NOTE 5 – OTHER REAL ESTATE OWNED As of March 31, 2018, one no two $253,000 December 31, 2017. March 31, 2018 December 31, 2017, zero not December 31, 2017 three March 31, 2018, one $193,000, no three March 31, 2017, no Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value as of 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

Note 6 - Goodwill and Other Int

Note 6 - Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	NOTE 6 Intangible assets are comprised of goodwill and core deposit intangibles that were acquired through a business combination. Intangible assets with definite useful lives are amortized over their respective estimated useful lives. If an event occurs that indicates the carrying amount of an intangible asset may not not The core deposit intangible represents the estimated future benefits of acquired deposits and is booked separately from the related deposits. The value of the core deposit intangible asset was determined using a discounted cash flow approach to arrive at the cost differential between the core deposits (non-maturity deposits such as transaction, savings and money market accounts) and alternative funding sources. The core deposit intangible is amortized on an accelerated basis over an estimated ten No March 31, 2018. December 31, 2017, (in thousands) 2018 2019 2020 2021 2022 Thereafter Total Core deposit intangible amortization $ 114 $ 105 $ 96 $ 93 $ 89 $ 236 $ 733 The Company applies a qualitative analysis of conditions in order to determine if it is more likely than not may third not no March 31, 2018.

Note 7 - Financial Instruments

Note 7 - Financial Instruments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	NOTE 7 — FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Fair values of financial instruments — March 31, 2018 December 31, 2017. not 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 no three March 31, 2018 2017. 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 2016 01 first 2018 not 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 March 31, 2018 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 162,706 $ 162,706 1 Restricted equity securities 4,135 4,135 2 Loans, net 638,902 639,830 3 Interest receivable 2,963 2,963 2 Financial liabilities: Deposits (955,341 ) (833,945 ) 3 Interest payable (43 ) (43 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,435 ) 3 The estimated fair values of the Company’s financial instruments not December 31, 2017 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 149,173 $ 149,173 1 Restricted equity securities 4,135 4,135 2 Loans, net 638,902 639,830 3 Interest receivable 3,170 3,170 2 Financial liabilities: Deposits (938,882 ) (829,992 ) 3 Interest payable (45 ) (45 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,180 ) 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, 2018 December 31, 2017. Fair Value Measurements at March 31, 2018 Using (in thousands) March 31, 2018 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 46,645 $ 0 $ 46,645 $ 0 Collateralized mortgage obligations 2,417 0 2,417 0 Municipalities 92,664 0 92,664 0 SBA pools 10,990 0 10,990 0 Corporate debt 18,861 0 18,861 0 Asset backed securities 26,644 0 26,644 0 Equity Securities: Mutual fund $ 3,071 $ 3,071 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans:* Land $ 313 $ 0 $ 0 $ 313 Commercial and industrial 302 0 0 302 Consumer residential 15 0 0 15 Fair Value Measurements at December 31, 2017 Using (in thousands) December 31, Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 29,972 $ 0 $ 29,972 $ 0 Collateralized mortgage obligations 2,593 0 2,593 0 Municipalities 93,067 0 93,067 0 SBA pools 11,850 0 11,850 0 Corporate debt 18,789 0 18,789 0 Asset backed securities 22,977 0 22,977 0 Equity Securities:* Mutual fund $ 3,112 $ 3,112 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 313 $ 0 $ 0 $ 313 Commercial and industrial 302 0 0 302 Consumer residential 16 0 0 16 Other real estate owned 253 0 0 253 * Effective January 1, 2018, 2016 01, 1 Available-for-sale and equity securities - not 1 2 3 Impaired loans 820 310, Accounting by Creditors for Impairment of a Loan not not 3. not no 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 No three March 31, 2018. There have been no March 31, 2018.

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	3 Months Ended
	Mar. 31, 2018
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 two two not The Company’s calculation of basic and diluted earnings per share (“EPS”) for the three March 31, 2018 2017 THREE MONTHS ENDED (In thousands) MARCH 31, 2018 2017 BASIC EARNINGS PER SHARE Net income $ 2,802 $ 2,207 Weighted average shares outstanding 8,075 8,042 Net income per common share $ 0.35 $ 0.27 DILUTED EARNINGS PER SHARE Net income $ 2,802 $ 2,207 Weighted average shares outstanding 8,075 8,042 Effect of dilutive stock options 2 5 Effect of dilutive non-vested restricted shares 24 25 Weighted average shares of common stock and common stock equivalents 8,101 8,072 Net income per diluted common share $ 0.35 $ 0.27 During the three March 31, 2018 2017, no no

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	3 Months Ended
	Mar. 31, 2018
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 $ 46,699 $ 253 $ (307 ) $ 46,645 Collateralized mortgage obligations 2,469 1 (53 ) 2,417 Municipalities 91,927 1,346 (609 ) 92,664 SBA pools 10,945 50 (5 ) 10,990 Corporate debt 19,426 123 (688 ) 18,861 Asset backed securities 26,466 216 (38 ) 26,644 $ 197,932 $ 1,989 $ (1,700 ) $ 198,221 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 29,741 $ 374 $ (143 ) $ 29,972 Collateralized mortgage obligations 2,628 1 (36 ) 2,593 Municipalities 91,201 2,174 (308 ) 93,067 SBA pools 11,818 46 (14 ) 11,850 Corporate debt 19,358 112 (681 ) 18,789 Asset backed securities 22,866 125 (14 ) 22,977 $ 177,612 $ 2,832 $ (1,196 ) $ 179,248
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 $ 15,848 $ (102 ) $ 5,211 $ (204 ) $ 21,059 $ (306 ) Collateralized mortgage obligations 1,540 (489 ) 876 (37 ) 2,416 (526 ) Municipalities 37,451 (16 ) 5,531 (120 ) 42,982 (136 ) SBA pools 3,717 (1 ) 626 (4 ) 4,343 (5 ) Corporate debt 2,016 (49 ) 11,850 (639 ) 13,866 (688 ) Asset backed securities 5,045 (30 ) 2,046 (9 ) 7,091 (39 ) Total temporarily impaired securities $ 65,617 $ (687 ) $ 26,140 $ (1,013 ) $ 91,757 $ (1,700 ) (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 $ 10,588 $ (46 ) $ 5,437 $ (97 ) $ 16,025 $ (143 ) Collateralized mortgage obligations 1,090 (11 ) 921 (26 ) 2,011 (37 ) Municipalities 28,779 (236 ) 5,611 (72 ) 34,390 (308 ) SBA pools 1,998 (4 ) 703 (9 ) 2,701 (13 ) Corporate debt 1,994 (6 ) 13,815 (675 ) 15,809 (681 ) Asset backed securities 6,154 (13 ) 333 (1 ) 6,487 (14 ) Total temporarily impaired securities $ 50,603 $ (316 ) $ 26,820 $ (880 ) $ 77,423 $ (1,196 )
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Fair Cost Value Debt securities: Due in one year or less $ 24,003 $ 24,302 Due after one year through five years 57,797 57,603 Due after five years through ten years 52,246 52,175 Due after ten years 63,886 64,141 $ 197,932 $ 198,221

Note 4 - Loans (Tables)

Note 4 - Loans (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) March 31, 2018 December 31, 2017 Commercial real estate: Commercial real estate- construction $ 23,531 $ 31,265 Commercial real estate- mortgages 412,184 417,138 Land 11,164 10,072 Farmland 58,795 58,675 Commercial and industrial 69,636 69,610 Consumer 561 689 Consumer residential 36,359 37,161 Agriculture 36,137 37,934 Total loans 648,367 662,544 Less: Deferred loan fees and costs, net (1,300 ) (1,389 ) Allowance for loan losses (8,165 ) (8,166 ) Net loans $ 638,902 $ 652,989
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(in thousands) March 31, 2018 December 31, 2017 Commercial real estate: Land $ 993 $ 993 Commercial and industrial 302 302 Consumer residential 15 16 Total non-accrual loans $ 1,310 $ 1,311
Past Due Financing Receivables [Table Text Block]	March 31, 2018 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 23,531 $ 23,531 $ 0 Commercial R.E. - mortgages 0 0 0 0 412,184 412,184 0 Land 0 0 993 993 10,171 11,164 0 Farmland 0 0 0 0 58,795 58,795 0 Commercial and industrial 8 0 302 310 69,326 69,636 0 Consumer 0 0 0 0 561 561 0 Consumer residential 0 0 0 0 36,359 36,359 0 Agriculture 0 0 0 0 36,137 36,137 0 Total $ 8 $ 0 $ 1,295 $ 1,303 $ 647,064 $ 648,367 $ 0 December 31, 2017 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 31,265 $ 31,265 $ 0 Commercial R.E. - mortgages 0 0 0 0 417,138 417,138 0 Land 0 0 993 993 9,079 10,072 0 Farmland 0 0 0 0 58,675 58,675 0 Commercial and industrial 19 0 302 321 69,289 69,610 0 Consumer 0 0 0 0 689 689 0 Consumer residential 0 0 0 0 37,161 37,161 0 Agriculture 0 0 0 0 37,934 37,934 0 Total $ 19 $ 0 $ 1,295 $ 1,314 $ 661,230 $ 662,544 $ 0
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 Average Recorded Investment March 31, 2018 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 1,309 0 993 993 680 993 Farmland 0 0 0 0 0 0 Commercial and Industrial 334 302 0 302 0 302 Consumer 0 0 0 0 0 0 Consumer residential 15 15 0 15 0 15 Agriculture 0 0 0 0 0 0 Total $ 1,658 $ 317 $ 993 $ 1,310 $ 680 $ 1,310 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 1,309 0 993 993 680 1,760 Farmland 0 0 0 0 0 0 Commercial and Industrial 334 302 0 302 0 303 Consumer 0 0 0 0 0 0 Consumer residential 16 16 0 16 0 76 Agriculture 0 0 0 0 0 0 Total $ 1,659 $ 318 $ 993 $ 1,311 $ 680 $ 2,139
Financing Receivable Credit Quality Indicators [Table Text Block]	(in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2018 Pass $ 22,274 $ 411,487 $ 9,995 $ 58,795 $ 65,673 $ 533 $ 36,300 $ 36,137 $ 641,194 Special mention 1,257 - - - 3,653 - - - 4,910 Substandard - 697 1,169 - 310 28 59 - 2,263 Doubtful - - - - - - - - - Total loans $ 23,531 $ 412,184 $ 11,164 $ 58,795 $ 69,636 $ 561 $ 36,359 $ 36,137 $ 648,367 December 31, 2017 Pass $ 30,008 $ 416,437 $ 8,901 $ 58,675 $ 65,313 $ 662 $ 37,100 $ 37,934 $ 655,030 Special mention 1,257 - - - 3,762 - - - 5,019 Substandard - 701 1,171 - 535 27 61 - 2,495 Doubtful - - - - - - - - - Total loans $ 31,265 $ 417,138 $ 10,072 $ 58,675 $ 69,610 $ 689 $ 37,161 $ 37,934 $ 662,544
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2018 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,331 $ 813 $ 27 $ 300 $ 693 $ 2 $ 8,166 Charge-offs 0 0 (4 ) 0 0 0 (4 ) Recoveries 0 0 2 1 0 0 3 Provision for (reversal of) loan losses (193 ) (5 ) (3 ) (4 ) (15 ) 220 0 Ending balance $ 6,138 $ 808 $ 22 $ 297 $ 678 $ 222 $ 8,165 (in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs - - (7 ) - - - (7 ) Recoveries - - 2 - - - 2 Provision for (reversal of) loan losses 81 38 (9 ) (15 ) (57 ) (38 ) - Ending balance $ 6,266 $ 735 $ 37 $ 310 $ 447 $ 32 $ 7,827 (in thousands) Commercial Commercial Consumer March 31, 2018 Real Estate and 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 5,458 808 22 297 678 222 7,485 $ 6,138 $ 808 $ 22 $ 297 $ 678 $ 222 $ 8,165 Ending gross loan balances: Individually evaluated for impairment $ 993 $ 302 $ 0 $ 15 $ 0 $ 0 $ 1,310 Collectively evaluated for impairment 504,681 69,334 561 36,344 36,137 0 647,057 $ 505,674 $ 69,636 $ 561 $ 36,359 $ 36,137 $ 0 $ 648,367 December 31, 2017 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 5,651 813 27 300 693 2 7,486 $ 6,331 $ 813 $ 27 $ 300 $ 693 $ 2 $ 8,166 Ending gross loans balances: Individually evaluated for impairment $ 993 $ 303 $ 0 $ 15 $ 0 $ 0 $ 1,311 Collectively evaluated for impairment 516,157 69,307 689 37,146 37,934 0 661,233 $ 517,150 $ 69,610 $ 689 $ 37,161 $ 37,934 $ 0 $ 662,544 March 31, 2017 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 Collectively evaluated for impairment 483,262 64,942 714 37,136 24,273 0 610,327 $ 485,370 $ 65,247 $ 714 $ 37,290 $ 24,273 $ 0 $ 612,894
Change in Allowance for Loan Losses [Table Text Block]	THREE MONTHS ENDED MARCH 31, 2018 2017 Balance, beginning of period $ 305 $ 284 Provision to Operations for Off Balance Sheet Commitments 63 5 Balance, end of period $ 368 $ 289
Weighted Average [Member]
Notes Tables
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2018 December 31, 2017 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.11 3.08 Commercial real estate - mortgages 3.01 3.01 Land 3.64 3.71 Farmland 3.14 3.14 Commercial and industrial 3.08 3.09 Consumer 2.15 2.34 Consumer residential 3.01 3.01 Agriculture 3.24 3.19 Total gross loans 3.05 3.05

Note 6 - Goodwill and Other I18

Note 6 - Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(in thousands) 2018 2019 2020 2021 2022 Thereafter Total Core deposit intangible amortization $ 114 $ 105 $ 96 $ 93 $ 89 $ 236 $ 733

Note 7 - Financial Instrument19

Note 7 - Financial Instruments and Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
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 $ 162,706 $ 162,706 1 Restricted equity securities 4,135 4,135 2 Loans, net 638,902 639,830 3 Interest receivable 2,963 2,963 2 Financial liabilities: Deposits (955,341 ) (833,945 ) 3 Interest payable (43 ) (43 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,435 ) 3 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 149,173 $ 149,173 1 Restricted equity securities 4,135 4,135 2 Loans, net 638,902 639,830 3 Interest receivable 3,170 3,170 2 Financial liabilities: Deposits (938,882 ) (829,992 ) 3 Interest payable (45 ) (45 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,180 ) 3
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value Measurements at March 31, 2018 Using (in thousands) March 31, 2018 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 46,645 $ 0 $ 46,645 $ 0 Collateralized mortgage obligations 2,417 0 2,417 0 Municipalities 92,664 0 92,664 0 SBA pools 10,990 0 10,990 0 Corporate debt 18,861 0 18,861 0 Asset backed securities 26,644 0 26,644 0 Equity Securities: Mutual fund $ 3,071 $ 3,071 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans:* Land $ 313 $ 0 $ 0 $ 313 Commercial and industrial 302 0 0 302 Consumer residential 15 0 0 15 Fair Value Measurements at December 31, 2017 Using (in thousands) December 31, Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 29,972 $ 0 $ 29,972 $ 0 Collateralized mortgage obligations 2,593 0 2,593 0 Municipalities 93,067 0 93,067 0 SBA pools 11,850 0 11,850 0 Corporate debt 18,789 0 18,789 0 Asset backed securities 22,977 0 22,977 0 Equity Securities:* Mutual fund $ 3,112 $ 3,112 0 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 313 $ 0 $ 0 $ 313 Commercial and industrial 302 0 0 302 Consumer residential 16 0 0 16 Other real estate owned 253 0 0 253

Note 8 - Earnings Per Share (Ta

Note 8 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	THREE MONTHS ENDED (In thousands) MARCH 31, 2018 2017 BASIC EARNINGS PER SHARE Net income $ 2,802 $ 2,207 Weighted average shares outstanding 8,075 8,042 Net income per common share $ 0.35 $ 0.27 DILUTED EARNINGS PER SHARE Net income $ 2,802 $ 2,207 Weighted average shares outstanding 8,075 8,042 Effect of dilutive stock options 2 5 Effect of dilutive non-vested restricted shares 24 25 Weighted average shares of common stock and common stock equivalents 8,101 8,072 Net income per diluted common share $ 0.35 $ 0.27

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation (Details Textual)	Jul. 03, 2008shares
Conversion of Stock Shares Converted for Each Outstanding Share of Wholly Owned Subsidiary	1

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Equity Securities, FV-NI	$ 3,071,000		$ 3,112,000
Equity Securities, FV-NI, Realized Gain (Loss), Total	0
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total	0
Debt Securities, Available-for-sale, Realized Gain	1,000	$ 389,000
Proceeds from Sale of Available-for-sale Securities, Total			0
Security Owned and Pledged as Collateral, Fair Value, Total	$ 105,639,000		$ 109,158,000
Corporate Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	1
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	6
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	51
US Government Agencies Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	13
Debt Securities, Available-for-sale, Realized Gain	$ 70,000
Number of Debt Securities, Available-for-sale, Sold	1
SBA Pool [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	2
Asset-backed Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	3
Collateralized Mortgage Obligations [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	1
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	3

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Available-for-sale securities, amortized cost	$ 197,932	$ 177,612
Available-for-sale securities, gross unrealized gains	1,989	2,832
Available-for-sale securities, gross unrealized losses	(1,700)	(1,196)
Available-for-sale securities, fair market value	198,221	179,248
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	46,699	29,741
Available-for-sale securities, gross unrealized gains	253	374
Available-for-sale securities, gross unrealized losses	(307)	(143)
Available-for-sale securities, fair market value	46,645	29,972
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, amortized cost	2,469	2,628
Available-for-sale securities, gross unrealized gains	1	1
Available-for-sale securities, gross unrealized losses	(53)	(36)
Available-for-sale securities, fair market value	2,417	2,593
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	91,927	91,201
Available-for-sale securities, gross unrealized gains	1,346	2,174
Available-for-sale securities, gross unrealized losses	(609)	(308)
Available-for-sale securities, fair market value	92,664	93,067
SBA Pool [Member]
Available-for-sale securities, amortized cost	10,945	11,818
Available-for-sale securities, gross unrealized gains	50	46
Available-for-sale securities, gross unrealized losses	(5)	(14)
Available-for-sale securities, fair market value	10,990	11,850
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	19,426	19,358
Available-for-sale securities, gross unrealized gains	123	112
Available-for-sale securities, gross unrealized losses	(688)	(681)
Available-for-sale securities, fair market value	18,861	18,789
Asset-backed Securities [Member]
Available-for-sale securities, amortized cost	26,466	22,866
Available-for-sale securities, gross unrealized gains	216	125
Available-for-sale securities, gross unrealized losses	(38)	(14)
Available-for-sale securities, fair market value	$ 26,644	$ 22,977

Note 3 - Securities - Securitie

Note 3 - Securities - Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Less than 12 months, fair value	$ 65,617	$ 50,603
Less than 12 months, unrealized loss	(687)	(316)
12 months or more, fair value	26,140	26,820
12 months or more, unrealized loss	(1,013)	(880)
Fair value	91,757	77,423
Unrealized loss	(1,700)	(1,196)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	15,848	10,588
Less than 12 months, unrealized loss	(102)	(46)
12 months or more, fair value	5,211	5,437
12 months or more, unrealized loss	(204)	(97)
Fair value	21,059	16,025
Unrealized loss	(306)	(143)
Collateralized Mortgage Obligations [Member]
Less than 12 months, fair value	1,540	1,090
Less than 12 months, unrealized loss	(489)	(11)
12 months or more, fair value	876	921
12 months or more, unrealized loss	(37)	(26)
Fair value	2,416	2,011
Unrealized loss	(526)	(37)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	37,451	28,779
Less than 12 months, unrealized loss	(16)	(236)
12 months or more, fair value	5,531	5,611
12 months or more, unrealized loss	(120)	(72)
Fair value	42,982	34,390
Unrealized loss	(136)	(308)
SBA Pool [Member]
Less than 12 months, fair value	3,717	1,998
Less than 12 months, unrealized loss	(1)	(4)
12 months or more, fair value	626	703
12 months or more, unrealized loss	(4)	(9)
Fair value	4,343	2,701
Unrealized loss	(5)	(13)
Corporate Debt Securities [Member]
Less than 12 months, fair value	2,016	1,994
Less than 12 months, unrealized loss	(49)	(6)
12 months or more, fair value	11,850	13,815
12 months or more, unrealized loss	(639)	(675)
Fair value	13,866	15,809
Unrealized loss	(688)	(681)
Asset-backed Securities [Member]
Less than 12 months, fair value	5,045	6,154
Less than 12 months, unrealized loss	(30)	(13)
12 months or more, fair value	2,046	333
12 months or more, unrealized loss	(9)	(1)
Fair value	7,091	6,487
Unrealized loss	$ (39)	$ (14)

Note 3 - Securities - Contractu

Note 3 - Securities - Contractual Maturity or Call Date (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Due in one year or less, amortized cost	$ 24,003
Due in one year or less, fair value	24,302
Due after one year through five years, amortized cost	57,797
Due after one year through five years, fair value	57,603
Due after five years through ten years, amortized cost	52,246
Due after five years through ten years, fair value	52,175
Due after ten years, amortized cost	63,886
Due after ten years, fair value	64,141
Amortized cost	197,932	$ 177,612
Fair Value	$ 198,221	$ 179,248

Note 4 - Loans (Details Textual

Note 4 - Loans (Details Textual)	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Loans and Leases Receivable, Percentage of Outstanding Principal Balance Secured by Owner Occupied Properties	44.00%		43.00%
Underwriting Standards, Loan to Value Percentage	80.00%
Underwriting Standards, Housing Percentage	36.00%
Underwriting Standards, Total Debt Ratio	42.00%
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 19,000	$ 37,000
Impaired Financing Receivable, Interest Income, Accrual Method, Total	$ 0	$ 0
Financing Receivable, Modifications, Number of Contracts Held	4		4
Financing Receivable, Modifications, Recorded Investment	$ 1,310,000		$ 1,311,000
Loans and Leases Receivable, Impaired, Commitment to Lend	0		0
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 680,000		680,000
Financing Receivable, Modifications, Number of Contracts	0	0
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, Total	$ 648,367,000	$ 612,894,000	662,544,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	$ 648,367,000		662,544,000
Substandard [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category	40.00%
Loans and Leases Receivable, Gross, Total	$ 2,263,000		2,495,000
Doubtful [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category	25.00%
Loans and Leases Receivable, Gross, Total
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, Total	$ 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%
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	78.00%
Loans and Leases Receivable, Gross, Total	$ 505,674,000	485,370,000	517,150,000
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	11.00%
Loans and Leases Receivable, Gross, Total	$ 69,636,000	65,247,000	69,610,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Gross, Total	310,000		535,000
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans and Leases Receivable, Gross, Total
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	5.00%
Loans and Leases Receivable, Gross, Total	$ 36,137,000	$ 24,273,000	37,934,000
Agriculture [Member] | Substandard [Member]
Loans and Leases Receivable, Gross, Total
Agriculture [Member] | Doubtful [Member]
Loans and Leases Receivable, Gross, Total

Note 4 - Loans - Loans (Details

Note 4 - Loans - Loans (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans		$ 648,367	$ 662,544	$ 612,894
Deferred loan fees and costs, net		(1,300)	(1,389)
Allowance for loan losses		(8,165)	(8,166)	(7,827)	$ (7,832)
Net loans		638,902	652,989
Commercial Real Estate Portfolio Segment [Member]
Loans		505,674	517,150	485,370
Allowance for loan losses		(6,138)	(6,331)	(6,266)	(6,185)
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		23,531	31,265
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		412,184	417,138
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	11,164	10,072
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		58,795	58,675
Commercial Portfolio Segment [Member]
Loans		69,636	69,610	65,247
Allowance for loan losses		(808)	(813)	(735)	(697)
Consumer Portfolio Segment [Member]
Loans		561	689	714
Allowance for loan losses		(22)	(27)	(37)	(51)
Residential Portfolio Segment [Member]
Loans		36,359	37,161	37,290
Allowance for loan losses		(297)	(300)	(310)	(325)
Agriculture [Member]
Loans		36,137	37,934	24,273
Allowance for loan losses		$ (678)	$ (693)	$ (447)	$ (504)
[1]	Included in the above table is Purchased Credit Impaired loans recorded at their fair value of $33,000 as of September 30, 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, 2018	Dec. 31, 2017
Non-accrual loans	$ 1,310	$ 1,311
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Non-accrual loans	993	993
Commercial Portfolio Segment [Member]
Non-accrual loans	302	302
Residential Portfolio Segment [Member]
Non-accrual loans	$ 15	$ 16

Note 4 - Loans - Aging of Past

Note 4 - Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Past due		$ 1,303	$ 1,314
Current		647,064	661,230
Loans		648,367	662,544	$ 612,894
Greater than 90 days past due and still accruing		0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		8	19
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due		0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		1,295	1,295
Commercial Real Estate Portfolio Segment [Member]
Loans		505,674	517,150	485,370
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past due		0	0
Current		23,531	31,265
Loans		23,531	31,265
Greater than 90 days past due and still accruing		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		412,184	417,138
Loans		412,184	417,138
Greater than 90 days past due and still accruing		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		993	993
Current		10,171	9,079
Loans	[1]	11,164	10,072
Greater than 90 days past due and still accruing		0	0
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		993	993
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Past due		0	0
Current		58,795	58,675
Loans		58,795	58,675
Greater than 90 days past due and still accruing		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		310	321
Current		69,326	69,289
Loans		69,636	69,610	65,247
Greater than 90 days past due and still accruing		0	0
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		8	19
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		561	689
Loans		561	689	714
Greater than 90 days past due and still accruing		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		0	0
Current		36,359	37,161
Loans		36,359	37,161	37,290
Greater than 90 days past due and still accruing		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		0	0
Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due		0	0
Agriculture [Member]
Past due		0	0
Current		36,137	37,934
Loans		36,137	37,934	$ 24,273
Greater than 90 days past due and still accruing		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 Purchased Credit Impaired loans recorded at their fair value of $33,000 as of September 30, 2017 and December 31, 2016, which were acquired in the MLB Acquisition.

Note 4 - Loans - Impaired Loans

Note 4 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Unpaid contractual principal	$ 1,658	$ 1,659
Recorded investment with no allowance	317	318
Recorded investment with allowance	993	993
Total recorded investment	1,310	1,311
Related allowance	680	680
Average recorded investment	1,310	2,139
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid contractual principal	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Total recorded investment	0	0
Related allowance	0	0
Average recorded investment	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid contractual principal	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Total recorded investment	0	0
Related allowance	0	0
Average recorded investment	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid contractual principal	1,309	1,309
Recorded investment with no allowance	0	0
Recorded investment with allowance	993	993
Total recorded investment	993	993
Related allowance	680	680
Average recorded investment	993	1,760
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid contractual principal	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Total recorded investment	0	0
Related allowance	0	0
Average recorded investment	0	0
Commercial Portfolio Segment [Member]
Unpaid contractual principal	334	334
Recorded investment with no allowance	302	302
Recorded investment with allowance	0	0
Total recorded investment	302	302
Related allowance	0	0
Average recorded investment	302	303
Consumer Portfolio Segment [Member]
Unpaid contractual principal	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Total recorded investment	0	0
Related allowance	0	0
Average recorded investment	0	0
Residential Portfolio Segment [Member]
Unpaid contractual principal	15	16
Recorded investment with no allowance	15	16
Recorded investment with allowance	0	0
Total recorded investment	15	16
Related allowance	0	0
Average recorded investment	15	76
Agriculture [Member]
Unpaid contractual principal	0	0
Recorded investment with no allowance	0	0
Recorded investment with allowance	0	0
Total recorded investment	0	0
Related allowance	0	0
Average recorded investment	$ 0	$ 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, 2018	Dec. 31, 2017
Weighted average risk grade of loans	3.05	3.05
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Weighted average risk grade of loans	3.11	3.08
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Weighted average risk grade of loans	3.01	3.01
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Weighted average risk grade of loans	3.64	3.71
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Weighted average risk grade of loans	3.14	3.14
Commercial Portfolio Segment [Member]
Weighted average risk grade of loans	3.08	3.09
Consumer Portfolio Segment [Member]
Weighted average risk grade of loans	2.15	2.34
Residential Portfolio Segment [Member]
Weighted average risk grade of loans	3.01	3.01
Agriculture [Member]
Weighted average risk grade of loans	3.24	3.19

Note 4 - Loans - Loans by Credi

Note 4 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Loans		$ 648,367	$ 662,544	$ 612,894
Commercial Real Estate Portfolio Segment [Member]
Loans		505,674	517,150	485,370
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		23,531	31,265
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		412,184	417,138
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	11,164	10,072
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		58,795	58,675
Commercial Portfolio Segment [Member]
Loans		69,636	69,610	65,247
Consumer Portfolio Segment [Member]
Loans		561	689	714
Residential Portfolio Segment [Member]
Loans		36,359	37,161	37,290
Agriculture [Member]
Loans		36,137	37,934	$ 24,273
Pass [Member]
Loans		641,194	655,030
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		22,274	30,008
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		411,487	416,437
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	9,995	8,901
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans		58,795	58,675
Pass [Member] | Commercial Portfolio Segment [Member]
Loans		65,673	65,313
Pass [Member] | Consumer Portfolio Segment [Member]
Loans		533	662
Pass [Member] | Residential Portfolio Segment [Member]
Loans		36,300	37,100
Pass [Member] | Agriculture [Member]
Loans		36,137	37,934
Special Mention [Member]
Loans		4,910	5,019
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		1,257	1,257
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans
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		3,653	3,762
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		2,263	2,495
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans		697	701
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	[1]	1,169	1,171
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans		310	535
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans		28	27
Substandard [Member] | Residential Portfolio Segment [Member]
Loans		59	61
Substandard [Member] | Agriculture [Member]
Loans
Doubtful [Member]
Loans
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]
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 Purchased Credit Impaired loans recorded at their fair value of $33,000 as of September 30, 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, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Beginning balance	$ 8,166	$ 7,832
Charge-offs	(4)	(7)
Recoveries	3	2
Provision for loan losses	0	0
Ending balance	8,165	7,827
Individually evaluated for impairment			$ 680	$ 680	$ 680
Collectively evaluated for impairment			7,485	7,486	7,147
	8,165	7,832	8,165	8,166	7,827
Individually evaluated for impairment			1,310	1,311	2,567
Collectively evaluated for impairment			647,057	661,233	610,327
			648,367	662,544	612,894
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	6,331	6,185
Charge-offs	0
Recoveries	0
Provision for loan losses	(193)	81
Ending balance	6,138	6,266
Individually evaluated for impairment			680	680	680
Collectively evaluated for impairment			5,458	5,651	5,586
	6,331	6,185	6,138	6,331	6,266
Individually evaluated for impairment			993	993	2,108
Collectively evaluated for impairment			504,681	516,157	483,262
			505,674	517,150	485,370
Commercial Portfolio Segment [Member]
Beginning balance	813	697
Charge-offs	0
Recoveries	0
Provision for loan losses	(5)	38
Ending balance	808	735
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			808	813	735
	813	697	808	813	735
Individually evaluated for impairment			302	303	305
Collectively evaluated for impairment			69,334	69,307	64,942
			69,636	69,610	65,247
Consumer Portfolio Segment [Member]
Beginning balance	27	51
Charge-offs	(4)	(7)
Recoveries	2	2
Provision for loan losses	(3)	(9)
Ending balance	22	37
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			22	27	37
	27	51	22	27	37
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			561	689	714
			561	689	714
Residential Portfolio Segment [Member]
Beginning balance	300	325
Charge-offs	0
Recoveries	1
Provision for loan losses	(4)	(15)
Ending balance	297	310
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			297	300	310
	300	325	297	300	310
Individually evaluated for impairment			15	15	154
Collectively evaluated for impairment			36,344	37,146	37,136
			36,359	37,161	37,290
Agriculture [Member]
Beginning balance	693	504
Charge-offs	0
Recoveries	0
Provision for loan losses	(15)	(57)
Ending balance	678	447
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			678	693	447
	693	504	678	693	447
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			36,137	37,934	24,273
			36,137	37,934	24,273
Unallocated Financing Receivables [Member]
Beginning balance	2	70
Charge-offs	0
Recoveries	0
Provision for loan losses	220	(38)
Ending balance	222	32
Individually evaluated for impairment
Collectively evaluated for impairment			222	2	32
	$ 2	$ 70	222	2	32
Individually evaluated for impairment			0	0	0
Collectively evaluated for impairment			0	0	0
			$ 0	$ 0	$ 0

Note 4 - Loans - Changes in the

Note 4 - Loans - Changes in the Allowance Off Balance Sheet Commitments (Details) - SEC Schedule, 12-09, Reserve, Off-balance Sheet Activity [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Balance, beginning of period	$ 305	$ 284
Provision to Operations for Off Balance Sheet Commitments	63	5
Balance, end of period	$ 368	$ 289

Note 5 - Other Real Estate Ow35

Note 5 - Other Real Estate Owned (Details Textual)	3 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Number of Real Estate Properties	1		2
Real Estate Acquired Through Foreclosure	$ 0		$ 253,000
Number of Real Estate Properties, Disposed Of	1
Gains (Losses) on Sales of Other Real Estate	$ 193,000	$ 0
Real Estate Owned, Transfer to Real Estate Owned	0	$ 0
Residential Land [Member]
Real Estate Acquired Through Foreclosure	$ 0		$ 0

Note 6 - Goodwill and Other I36

Note 6 - Goodwill and Other Intangible Assets (Details Textual) - Core Deposits [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Finite-Lived Intangible Asset, Useful Life	10 years
Impairment of Intangible Assets, Finite-lived	$ 0

Note 6 - Goodwill and Other I37

Note 6 - Goodwill and Other Intangible Assets - Future Amortization Expense (Details) - Core Deposits [Member] $ in Thousands	Dec. 31, 2017USD ($)
2,018	$ 114
2,019	105
2,020	96
2,021	93
2,022	89
Thereafter	236
Total	$ 733

Note 7 - Financial Instrument38

Note 7 - Financial Instruments and Fair Value Measurements (Details Textual)	Mar. 31, 2018
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Selling Cost Discount, Measurement Input	6

Note 7 - Financial Instrument39

Note 7 - Financial Instruments and Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Financial assets:
Cash and cash equivalents	$ 162,706	$ 149,173
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and cash equivalents	162,706	149,173
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Financial assets:
Restricted equity securities	4,135	4,135
Interest receivable	2,963	3,170
Financial liabilities:
Interest payable	(43)	(45)
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Restricted equity securities	4,135	4,135
Interest receivable	2,963	3,170
Financial liabilities:
Interest payable	(43)	(45)
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Financial assets:
Loans, net	638,902	638,902
Financial liabilities:
Deposits	(955,341)	(938,882)
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Loans, net	639,830	639,830
Financial liabilities:
Deposits	(833,945)	(829,992)
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit	$ (1,435)	$ (1,180)

Note 7 - Financial Instrument40

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, 2018		Dec. 31, 2017
Available-for-sale securities, fair market value		$ 198,221,000		$ 179,248,000
Equity securities		3,071,000		3,112,000
Other real estate owned		0		253,000
Fair Value, Inputs, Level 1 [Member]
Other real estate owned				0
Fair Value, Inputs, Level 2 [Member]
Other real estate owned				0
Fair Value, Inputs, Level 3 [Member]
Other real estate owned				253,000
Fair Value, Measurements, Nonrecurring [Member] | Commercial Portfolio Segment [Member]
Impaired loans		302,000	[1]	302,000
Fair Value, Measurements, Nonrecurring [Member] | Consumer Portfolio Segment [Member]
Impaired loans		15,000	[1]	16,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial Portfolio Segment [Member]
Impaired loans		0	[1]	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		0	[1]	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Portfolio Segment [Member]
Impaired loans		0	[1]	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		0	[1]	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member]
Impaired loans		302,000	[1]	302,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		15,000	[1]	16,000
US Government Agencies Debt Securities [Member]
Available-for-sale securities, fair market value		46,645,000		29,972,000
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		46,645,000		29,972,000
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		46,645,000		29,972,000
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, fair market value		2,417,000		2,593,000
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		2,417,000		2,593,000
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		2,417,000		2,593,000
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, fair market value		92,664,000		93,067,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		92,664,000		93,067,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		92,664,000		93,067,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
SBA Pool [Member]
Available-for-sale securities, fair market value		10,990,000		11,850,000
SBA Pool [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		10,990,000		11,850,000
SBA Pool [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
SBA Pool [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		10,990,000		11,850,000
SBA Pool [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
Corporate Debt Securities [Member]
Available-for-sale securities, fair market value		18,861,000		18,789,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		18,861,000		18,789,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		18,861,000		18,789,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
Asset-backed Securities [Member]
Available-for-sale securities, fair market value		26,644,000		22,977,000
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		26,644,000		22,977,000
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0		0
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value		26,644,000		22,977,000
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0		0
Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member]
Equity securities	[1]	3,071,000		3,112,000
Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Equity securities	[1]	3,071,000		3,112,000
Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Equity securities	[1]	0		0
Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Equity securities	[1]	0		0
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]
Impaired loans		313,000	[1]	313,000
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans		0	[1]	0
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans		0	[1]	0
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans		$ 313,000	[1]	$ 313,000
[1]	Effective January 1, 2018, the Company adopted ASU 2016-01, which requires equity securities with readily determinable fair values to be measured at fair value with changes in the fair value recognized through net income. See Note 1 for additional information on this new accounting standard.

Note 8 - Earnings Per Share (De

Note 8 - Earnings Per Share (Details Textual) shares in Thousands	3 Months Ended
	Mar. 31, 2018shares	Mar. 31, 2017shares
Number Of Forms Of Outstanding Common Stock	2
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	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, 2018	Mar. 31, 2017	Dec. 31, 2017
BASIC EARNINGS PER SHARE
Net income	$ 2,802	$ 2,207	$ 9,094
Weighted average shares outstanding (in shares)	8,075	8,042
Net income per common share (in dollars per share)	$ 0.35	$ 0.27
DILUTED EARNINGS PER SHARE
Net income	$ 2,802	$ 2,207	$ 9,094
Weighted average shares outstanding (in shares)	8,075	8,042
Effect of dilutive stock options (in shares)	2	5
Effect of dilutive non-vested restricted shares (in shares)	24	25
Weighted average shares of common stock and common stock equivalents (in shares)	8,101	8,072
Net income per diluted share (in dollars per share)	$ 0.35	$ 0.27