Oak Valley Bancorp (OVLY) 10-Q 9 Nov 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 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 Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding (in shares)		8,193,305
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 151,656,000	$ 142,968,000
Federal funds sold	11,185,000	6,205,000
Cash and cash equivalents	162,841,000	149,173,000
Securities - available for sale	205,238,000	179,248,000
Securities - equity investments	3,060,000	3,112,000
Loans, net of allowance for loan loss of $8,135 and $8,166 at September 30, 2018 and December 31, 2017, respectively	653,995,000	652,989,000
Cash surrender value of life insurance	18,898,000	18,517,000
Bank premises and equipment, net	15,114,000	14,478,000
Other real estate owned	0	253,000
Goodwill and other intangible assets, net	3,970,000	4,056,000
Interest receivable and other assets	12,689,000	13,026,000
	1,075,805,000	1,034,852,000
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	974,424,000	938,882,000
Interest payable and other liabilities	5,715,000	5,203,000
Total liabilities	980,139,000	944,085,000
Shareholders’ equity
Common stock, no par value; 50,000,000 shares authorized, 8,194,255 and 8,098,605 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively	25,422,000	24,773,000
Additional paid-in capital	3,244,000	3,576,000
Retained earnings	67,707,000	61,429,000
Accumulated other comprehensive (loss) income, net of tax	(707,000)	989,000
Total shareholders’ equity	95,666,000	90,767,000
	$ 1,075,805,000	$ 1,034,852,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Net of allowance for loan loss	$ 8,135	$ 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)	8,194,255	8,098,605
Common stock, shares outstanding (in shares)	8,194,255	8,098,605

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
INTEREST INCOME
Interest and fees on loans	$ 8,149,000	$ 7,300,000	$ 23,348,000	$ 21,451,000
Interest on securities	1,463,000	1,138,000	4,108,000	3,314,000
Interest on federal funds sold	55,000	28,000	139,000	65,000
Interest on deposits with banks	707,000	428,000	1,873,000	1,100,000
Total interest income	10,374,000	8,894,000	29,468,000	25,930,000
INTEREST EXPENSE
Deposits	430,000	274,000	1,080,000	773,000
Total interest expense	430,000	274,000	1,080,000	773,000
Net interest income	9,944,000	8,620,000	28,388,000	25,157,000
Provision for loan losses	0	70,000	0	105,000
Net interest income after provision for loan losses	9,944,000	8,550,000	28,388,000	25,052,000
OTHER INCOME
Earnings on cash surrender value of life insurance	130,000	130,000	381,000	386,000
Gains on sales and calls of securities	3,000	4,000	80,000	394,000
Gain on sale of OREO	0	211,000	193,000	211,000
Other	279,000	262,000	716,000	1,795,000
Total non-interest income	1,137,000	1,276,000	3,480,000	4,782,000
OTHER EXPENSES
Salaries and employee benefits	4,088,000	3,534,000	12,183,000	10,603,000
Occupancy expenses	882,000	823,000	2,757,000	2,496,000
Data processing fees	428,000	399,000	1,270,000	1,154,000
Regulatory assessments (FDIC & DBO)	110,000	102,000	338,000	381,000
Other operating expenses	1,312,000	1,202,000	3,909,000	3,708,000
Total non-interest expense	6,820,000	6,060,000	20,457,000	18,342,000
Net income before provision for income taxes	4,261,000	3,766,000	11,411,000	11,492,000
Total provision for income taxes	1,096,000	1,298,000	2,853,000	3,987,000
Net Income	$ 3,165,000	$ 2,468,000	$ 8,558,000	$ 7,505,000
Net income per share (in dollars per share)	$ 0.39	$ 0.31	$ 1.06	$ 0.93
Net income per diluted share (in dollars per share)	$ 0.39	$ 0.31	$ 1.06	$ 0.93
Deposit Account [Member]
OTHER INCOME
Other income	$ 388,000	$ 365,000	$ 1,126,000	$ 1,051,000
Debit Card [Member]
OTHER INCOME
Other income	308,000	276,000	890,000	818,000
Mortgage Banking [Member]
OTHER INCOME
Other income	$ 29,000	$ 28,000	$ 94,000	$ 127,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net income	$ 3,165	$ 2,468	$ 8,558	$ 7,505
Other comprehensive income:
Unrealized holding (losses) gains arising during the period	(976)	39	(2,559)	3,069
Less: reclassification for net gains included in net income	(3)	(4)	(80)	(394)
Other comprehensive (loss) gain, before tax	(979)	35	(2,639)	2,675
Tax benefit (expense) related to items of other comprehensive income	289	(14)	780	(1,101)
Total other comprehensive (loss) gain	(690)	21	(1,859)	1,574
Comprehensive income	$ 2,475	$ 2,489	$ 6,699	$ 9,079

Condensed Consolidated Statem_3

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)	96,650
Restricted stock issued					0
Restricted stock forfeited (in shares)	(1,000)
Restricted stock forfeited					0
Cash dividends declared			(2,117)		(2,117)
Stock based compensation		317			317
Other comprehensive income (loss)				(1,859)	(1,859)
Net income			8,558		8,558
APIC reclassification	649	(649)			0
Reclassification from adoption of ASU 2016-01			(163)	163	0
Balances (in shares) at Sep. 30, 2018	8,194,255
Balances at Sep. 30, 2018	$ 25,422	$ 3,244	$ 67,707	$ (707)	$ 95,666

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 8,558,000	$ 7,505,000
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses	0	105,000
(Decrease) increase in deferred fees/costs, net	(324,000)	40,000
Depreciation	914,000	847,000
Amortization of investment securities, net	817,000	624,000
Stock based compensation	317,000	78,000
Gain on sale of OREO property	(193,000)	(211,000)
Gain on sale of available for sale security	(70,000)	0
Earnings on cash surrender value of life insurance	(381,000)	(386,000)
Increase (decrease) in interest payable and other liabilities	512,000	(238,000)
(Increase) decrease in interest receivable	(10,000)	101,000
Decrease (Increase) in other assets	1,550,000	(1,535,000)
Net cash from operating activities	11,690,000	6,930,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(46,068,000)	(41,542,000)
Purchases of equity securities	(63,000)	(61,000)
Proceeds from maturities, calls, and principal paydowns of securities available for sale	16,701,000	23,524,000
Gain on calls of available for sale securities	(10,000)	(394,000)
Net increase in loans	(682,000)	(25,952,000)
Purchase of FHLB Stock	(222,000)	(340,000)
Proceeds from sale of OREO	447,000	1,168,000
Purchases of premises and equipment	(1,550,000)	(207,000)
Net cash used in investing activities	(31,447,000)	(43,804,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Shareholder cash dividends paid	(2,117,000)	(2,022,000)
Net increase (decrease) in demand deposits and savings accounts	41,695,000	(8,381,000)
Net decrease in time deposits	(6,153,000)	(3,996,000)
Proceeds from sale of common stock and exercise of stock options	0	91,000
Net cash from (used in) financing activities	33,425,000	(14,308,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	13,668,000	(51,182,000)
CASH AND CASH EQUIVALENTS, beginning of period	149,173,000	190,810,000
CASH AND CASH EQUIVALENTS, end of period	$ 162,841,000	$ 139,628,000

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 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 September 30, 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	9 Months Ended
	Sep. 30, 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 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	9 Months Ended
	Sep. 30, 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 $3,060,000 $3,112,000 September 30, 2018 December 31, 2017, no three nine September 30, 2018. 2016 01, $28,000 $115,000 three nine September 30, 2018. 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 September 30, 2018 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 43,781 $ 150 $ (642 ) $ 43,289 Collateralized mortgage obligations 2,178 0 (75 ) 2,103 Municipalities 90,684 1,060 (715 ) 91,029 SBA pools 9,299 13 (65 ) 9,247 Corporate debt 21,426 133 (862 ) 20,697 Asset backed securities 38,873 158 (158 ) 38,873 $ 206,241 $ 1,514 $ (2,517 ) $ 205,238 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 September 30, 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 $ 27,197 $ (386 ) $ 7,810 $ (256 ) $ 35,007 $ (642 ) Collateralized mortgage obligations 405 (3 ) 1,698 (72 ) 2,103 (75 ) Municipalities 34,596 (301 ) 17,191 (414 ) 51,787 (715 ) SBA pools 6,915 (59 ) 604 (5 ) 7,519 (64 ) Corporate debt 3,987 (74 ) 11,699 (789 ) 15,686 (863 ) Asset backed securities 18,982 (151 ) 1,921 (7 ) 20,903 (158 ) Total temporarily impaired securities $ 92,082 $ (974 ) $ 40,923 $ (1,543 ) $ 133,005 $ (2,517 ) At September 30, 2018, twenty-four nine seven two two two 12 September 30, 2018, forty twenty-one ten five two two 12 third no not not The amortized cost and estimated fair value of debt securities at September 30, 2018, may (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 36,177 $ 36,059 Due after one year through five years 51,966 51,875 Due after five years through ten years 46,981 46,495 Due after ten years 71,117 70,809 $ 206,241 $ 205,238 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 ) The Company recognized gross gains of $3,000 $10,000 three nine September 30, 2018, $4,000 $394,000 2017. one $70,000 first nine 2018, no 2017. Debt securities carried at $111,168,000 $109,158,000 September 30, 2018 December 31, 2017,

Note 4 - Loans

Note 4 - Loans	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4 – LOANS The Company’s customers are primarily located in Stanislaus, San Joaquin, Tuolumne, Inyo, and Mono Counties. As of September 30, 2018, 77% 12% 5% 6% (in thousands) September 30, 2018 December 31, 2017 Commercial real estate: Commercial real estate- construction $ 17,785 $ 31,265 Commercial real estate- mortgages 419,690 417,138 Land 10,062 10,072 Farmland 60,866 58,675 Commercial and industrial 80,932 69,610 Consumer 1,056 689 Consumer residential 35,765 37,161 Agriculture 37,039 37,934 Total loans 663,195 662,544 Less: Deferred loan fees and costs, net (1,065 ) (1,389 ) Allowance for loan losses (8,135 ) (8,166 ) Net loans $ 653,995 $ 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, the Company’s 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 September 30, 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) September 30, 2018 December 31, 2017 Commercial real estate: Land $ 906 $ 993 Commercial and industrial 0 302 Consumer residential 14 16 Total non-accrual loans $ 920 $ 1,311 Had non-accrual loans performed in accordance with their original contract terms, the Companywould have recognized additional interest income of approximately $16,000 $53,000 three nine September 30, 2018, $27,000 $95,000 2017. The following table analyzes past due loans including the past due non-accrual loans in the above table, segregated by class of loans, as of September 30, 2018 ( September 30, 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 $ 17,785 $ 17,785 $ 0 Commercial R.E. - mortgages 0 0 0 0 419,690 419,690 0 Land 0 0 906 906 9,156 10,062 0 Farmland 0 0 0 0 60,866 60,866 0 Commercial and industrial 0 0 0 0 80,932 80,932 0 Consumer 0 1 0 1 1,055 1,056 0 Consumer residential 48 0 0 48 35,717 35,765 0 Agriculture 0 0 0 0 37,039 37,039 0 Total $ 48 $ 1 $ 906 $ 955 $ 662,240 $ 663,195 $ 0 The following table analyzes past due loans including the past due 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 nine September 30, 2018 2017. Impaired loans as of September 30, 2018 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance September 30, 2018 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 1,222 0 906 906 680 Farmland 0 0 0 0 0 Commercial and Industrial 32 0 0 0 0 Consumer 0 0 0 0 0 Consumer residential 15 14 0 14 0 Agriculture 0 0 0 0 0 Total $ 1,269 $ 14 $ 906 $ 920 $ 680 Average recorded investment in impaired loans outstanding as of September 30, 2018 2017 (in thousands) Average Recorded Investment for the Average Recorded Investment for the 2018 2017 2018 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 Land 942 1,518 2,018 2,273 Farmland 0 0 0 0 Commercial and Industrial 105 302 304 305 Consumer 0 0 0 0 Consumer residential 14 75 96 107 Agriculture 0 0 0 0 Total $ 1,061 $ 1,895 $ 2,418 $ 2,685 Impaired loans as of 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 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 September 30, 2018, 4 $920,000. December 31, 2017, 4 $1,311,000. September 30, 2018 December 31, 2017 no $680,000 September 30, 2018 December 31, 2017. The modification of the terms of such loans typically includes one During the three nine September 30, 2018 2017, no no twelve three nine September 30, 2018 2017. ninety Loan Risk Grades– The Company grades 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 -Any unexpected short-term adverse financial performance from budgeted projections or a prior period’s results (i.e., declining profits, sales, margins, cash flow, or increased reliance on leverage, including adverse balance sheet ratios, trade debt issues, etc.). -Any managerial or personal problems of company management, decline in the entire industry or local economic conditions, or failure to provide financial information or other documentation as requested. -Issues regarding delinquency, overdrafts, or renewals. -Any other issues that cause concern for the company. -Loans to individuals or loans supported by guarantors with marginal net worth and/or marginal collateral. -Weakness identified in a Watch credit is short-term in nature. -Loans in this category are usually accounts the Bank would want to retain providing a positive turnaround can be expected within a reasonable time frame. Grade 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 September 30, 2018 December 31, 2017, no 8 The following table presents weighted average risk grades of the Company’s loan portfolio: September 30, 2018 December 31, 2017 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.08 Commercial real estate - mortgages 3.02 3.01 Land 3.63 3.71 Farmland 3.00 3.14 Commercial and industrial 3.09 3.09 Consumer 2.21 2.34 Consumer residential 3.01 3.01 Agriculture 3.19 3.19 Total gross loans 3.04 3.05 The following table presents risk grade totals by class of loans as of September 30, 2018 December 31, 2017. 1 4 (in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total September 30, 2018 Pass $ 17,785 $ 416,114 $ 9,156 $ 60,866 $ 75,054 $ 1,030 $ 35,708 $ 34,589 $ 650,302 Special mention - 2,889 - - 5,878 - - 2,450 11,217 Substandard - 687 906 - - 26 57 - 1,676 Doubtful - - - - - - - - - Total loans $ 17,785 $ 419,690 $ 10,062 $ 60,866 $ 80,932 $ 1,056 $ 35,765 $ 37,039 $ 663,195 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 nine September 30, 2018 2017. one not Allowance for Loan Losses For the Three and Nine Months Ended September 30, 2018 2017 (in thousands) Commercial Commercial Consumer Three Months Ended September 30, 2018 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,022 $ 873 $ 22 $ 304 $ 698 $ 243 $ 8,162 Charge-offs 0 0 (11 ) (17 ) 0 0 (28 ) Recoveries 0 0 1 0 0 0 1 Provision for (reversal of) loan losses 83 82 19 22 (16 ) (190 ) 0 Ending balance $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 (in thousands) Commercial Commercial Consumer Nine Months Ended September 30, 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 (22 ) (17 ) 0 0 (39 ) Recoveries 0 0 7 1 0 0 8 Provision for (reversal of) loan losses (226 ) 142 19 25 (11 ) 51 0 Ending balance $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 (in thousands) Commercial Commercial Consumer Three Months Ended September 30, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,247 $ 746 $ 30 $ 321 $ 453 $ 57 $ 7,854 Charge-offs - - (9 ) - - - (9 ) Recoveries - - 2 - - - 2 Provision for (reversal of) loan losses 3 15 - (7 ) 100 (41 ) 70 Ending balance $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 (in thousands) Commercial Commercial Consumer Nine Months Ended September 30, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs - - (26 ) - - - (26 ) Recoveries - - 5 1 - - 6 Provision for (reversal of) loan losses 65 64 (7 ) (12 ) 49 (54 ) 105 Ending balance $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 The following table details the allowance for loan losses and ending gross loan balances as of September 30, 2018, December 31, 2017 September 30, 2017 (in thousands) Commercial Commercial Consumer September 30, 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 5,425 955 31 309 682 53 7,455 $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 Ending gross loan balances: Individually evaluated for impairment $ 906 $ 0 $ 0 $ 14 $ 0 $ 0 $ 920 Collectively evaluated for impairment 507,497 80,932 1,056 35,751 37,039 0 662,275 $ 508,403 $ 80,932 $ 1,056 $ 35,765 $ 37,039 $ 0 $ 663,195 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 September 30, 2017 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 5,570 761 23 314 553 16 7,237 $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 Ending gross loan balances: Individually evaluated for impairment $ 993 $ 303 $ 0 $ 15 $ 0 $ 0 $ 1,311 Collectively evaluated for impairment 501,680 65,141 607 37,821 30,049 0 635,298 $ 502,673 $ 65,444 $ 607 $ 37,836 $ 30,049 $ 0 $ 636,609 Changes in the reserve for off-balance-sheet commitments were as follows: THREE MONTHS ENDED SEPTEMBER 30, NINE MONTHS ENDED SEPTEMBER 30, 2018 2017 2018 2017 Balance, beginning of period $ 372 $ 302 $ 305 $ 284 Provision (Recovery) to Operations for Off Balance Sheet Commitments 19 (4 ) 86 14 Balance, end of period $ 391 $ 298 $ 391 $ 298 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 September 30, 2018 December 31, 2017, $663,195,000 $662,544,000,

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Real Estate Owned [Text Block]	NOTE 5 – OTHER REAL ESTATE OWNED As of September 30, 2018, one no two $253,000 December 31, 2017. September 30, 2018 December 31, 2017, zero not December 31, 2017 nine September 30, 2018, one $193,000, no nine September 30, 2017, one $211,000, 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	9 Months Ended
	Sep. 30, 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 September 30, 2018. September 31, 2018, (in thousands) 2018 2019 2020 2021 2022 Thereafter Total Core deposit intangible amortization $ 29 $ 105 $ 96 $ 93 $ 89 $ 236 $ 648 The Company applies a qualitative analysis of conditions in order to determine if it is more likely than not may third not no September 30, 2018.

Note 7 - Financial Instruments

Note 7 - Financial Instruments and Fair Value Measurements	9 Months Ended
	Sep. 30, 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 — September 30, 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 nine September 30, 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 September 30, 2018 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 162,841 $ 162,841 1 Restricted equity securities 4,357 4,357 2 Loans, net 653,995 651,333 3 Interest receivable 3,181 3,181 2 Financial liabilities: Deposits (974,424 ) (973,824 ) 3 Interest payable (31 ) (31 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (2,363 ) 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 September 30, 2018 December 31, 2017. Fair Value Measurements at September 30, 2018 Using (in thousands) September 30, 2018 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 43,289 $ 0 $ 43,289 $ 0 Collateralized mortgage obligations 2,103 0 2,103 0 Municipalities 91,029 0 91,029 0 SBA pools 9,247 0 9,247 0 Corporate debt 20,697 0 20,697 0 Asset backed securities 38,873 0 38,873 0 Equity Securities:* Mutual fund $ 3,060 $ 3,060 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 306 $ 0 $ 0 $ 313 Consumer residential 14 0 0 15 * Effective January 1, 2018, 2016 01, 1 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 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. The Company reviews and verifies 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 nine September 30, 2018. There have been no September 30, 2018.

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	9 Months Ended
	Sep. 30, 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 nine September 30, 2018 2017 THREE MONTHS ENDED (In thousands) SEPTEMBER 30 , 2018 2017 BASIC EARNINGS PER SHARE Net income $ 3,165 $ 2,468 Weighted average shares outstanding 8,084 8,065 Net income per common share $ 0.39 $ 0.31 DILUTED EARNINGS PER SHARE Net income $ 3,165 $ 2,468 Weighted average shares outstanding 8,084 8,065 Effect of dilutive stock options 2 5 Effect of dilutive non-vested restricted shares 18 13 Weighted average shares of common stock and common stock equivalents 8,104 8,083 Net income per diluted common share $ 0.39 $ 0.31 NINE MONTHS ENDED (In thousands) SEPTEMBER 30, 2018 2017 BASIC EARNINGS PER SHARE Net income $ 8,558 $ 7,505 Weighted average shares outstanding 8,080 8,056 Net income per common share $ 1.06 $ 0.93 DILUTED EARNINGS PER SHARE Net income $ 8,558 $ 7,505 Weighted average shares outstanding 8,080 8,056 Effect of dilutive stock options 2 4 Effect of dilutive non-vested restricted shares 19 18 Weighted average shares of common stock and common stock equivalents 8,101 8,078 Net income per diluted common share $ 1.06 $ 0.93 During the three nine September 30, 2018 2017, no no

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	9 Months Ended
	Sep. 30, 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 $ 43,781 $ 150 $ (642 ) $ 43,289 Collateralized mortgage obligations 2,178 0 (75 ) 2,103 Municipalities 90,684 1,060 (715 ) 91,029 SBA pools 9,299 13 (65 ) 9,247 Corporate debt 21,426 133 (862 ) 20,697 Asset backed securities 38,873 158 (158 ) 38,873 $ 206,241 $ 1,514 $ (2,517 ) $ 205,238 (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 $ 27,197 $ (386 ) $ 7,810 $ (256 ) $ 35,007 $ (642 ) Collateralized mortgage obligations 405 (3 ) 1,698 (72 ) 2,103 (75 ) Municipalities 34,596 (301 ) 17,191 (414 ) 51,787 (715 ) SBA pools 6,915 (59 ) 604 (5 ) 7,519 (64 ) Corporate debt 3,987 (74 ) 11,699 (789 ) 15,686 (863 ) Asset backed securities 18,982 (151 ) 1,921 (7 ) 20,903 (158 ) Total temporarily impaired securities $ 92,082 $ (974 ) $ 40,923 $ (1,543 ) $ 133,005 $ (2,517 ) (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 Available-for-sale securities: Due in one year or less $ 36,177 $ 36,059 Due after one year through five years 51,966 51,875 Due after five years through ten years 46,981 46,495 Due after ten years 71,117 70,809 $ 206,241 $ 205,238

Note 4 - Loans (Tables)

Note 4 - Loans (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) September 30, 2018 December 31, 2017 Commercial real estate: Commercial real estate- construction $ 17,785 $ 31,265 Commercial real estate- mortgages 419,690 417,138 Land 10,062 10,072 Farmland 60,866 58,675 Commercial and industrial 80,932 69,610 Consumer 1,056 689 Consumer residential 35,765 37,161 Agriculture 37,039 37,934 Total loans 663,195 662,544 Less: Deferred loan fees and costs, net (1,065 ) (1,389 ) Allowance for loan losses (8,135 ) (8,166 ) Net loans $ 653,995 $ 652,989
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(in thousands) September 30, 2018 December 31, 2017 Commercial real estate: Land $ 906 $ 993 Commercial and industrial 0 302 Consumer residential 14 16 Total non-accrual loans $ 920 $ 1,311
Past Due Financing Receivables [Table Text Block]	September 30, 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 $ 17,785 $ 17,785 $ 0 Commercial R.E. - mortgages 0 0 0 0 419,690 419,690 0 Land 0 0 906 906 9,156 10,062 0 Farmland 0 0 0 0 60,866 60,866 0 Commercial and industrial 0 0 0 0 80,932 80,932 0 Consumer 0 1 0 1 1,055 1,056 0 Consumer residential 48 0 0 48 35,717 35,765 0 Agriculture 0 0 0 0 37,039 37,039 0 Total $ 48 $ 1 $ 906 $ 955 $ 662,240 $ 663,195 $ 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 September 30, 2018 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 1,222 0 906 906 680 Farmland 0 0 0 0 0 Commercial and Industrial 32 0 0 0 0 Consumer 0 0 0 0 0 Consumer residential 15 14 0 14 0 Agriculture 0 0 0 0 0 Total $ 1,269 $ 14 $ 906 $ 920 $ 680 (in thousands) Average Recorded Investment for the Average Recorded Investment for the 2018 2017 2018 2017 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 Land 942 1,518 2,018 2,273 Farmland 0 0 0 0 Commercial and Industrial 105 302 304 305 Consumer 0 0 0 0 Consumer residential 14 75 96 107 Agriculture 0 0 0 0 Total $ 1,061 $ 1,895 $ 2,418 $ 2,685 (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 September 30, 2018 Pass $ 17,785 $ 416,114 $ 9,156 $ 60,866 $ 75,054 $ 1,030 $ 35,708 $ 34,589 $ 650,302 Special mention - 2,889 - - 5,878 - - 2,450 11,217 Substandard - 687 906 - - 26 57 - 1,676 Doubtful - - - - - - - - - Total loans $ 17,785 $ 419,690 $ 10,062 $ 60,866 $ 80,932 $ 1,056 $ 35,765 $ 37,039 $ 663,195 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 September 30, 2018 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,022 $ 873 $ 22 $ 304 $ 698 $ 243 $ 8,162 Charge-offs 0 0 (11 ) (17 ) 0 0 (28 ) Recoveries 0 0 1 0 0 0 1 Provision for (reversal of) loan losses 83 82 19 22 (16 ) (190 ) 0 Ending balance $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 (in thousands) Commercial Commercial Consumer Nine Months Ended September 30, 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 (22 ) (17 ) 0 0 (39 ) Recoveries 0 0 7 1 0 0 8 Provision for (reversal of) loan losses (226 ) 142 19 25 (11 ) 51 0 Ending balance $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 (in thousands) Commercial Commercial Consumer Three Months Ended September 30, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,247 $ 746 $ 30 $ 321 $ 453 $ 57 $ 7,854 Charge-offs - - (9 ) - - - (9 ) Recoveries - - 2 - - - 2 Provision for (reversal of) loan losses 3 15 - (7 ) 100 (41 ) 70 Ending balance $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 (in thousands) Commercial Commercial Consumer Nine Months Ended September 30, 2017 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,185 $ 697 $ 51 $ 325 $ 504 $ 70 $ 7,832 Charge-offs - - (26 ) - - - (26 ) Recoveries - - 5 1 - - 6 Provision for (reversal of) loan losses 65 64 (7 ) (12 ) 49 (54 ) 105 Ending balance $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 (in thousands) Commercial Commercial Consumer September 30, 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 5,425 955 31 309 682 53 7,455 $ 6,105 $ 955 $ 31 $ 309 $ 682 $ 53 $ 8,135 Ending gross loan balances: Individually evaluated for impairment $ 906 $ 0 $ 0 $ 14 $ 0 $ 0 $ 920 Collectively evaluated for impairment 507,497 80,932 1,056 35,751 37,039 0 662,275 $ 508,403 $ 80,932 $ 1,056 $ 35,765 $ 37,039 $ 0 $ 663,195 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 September 30, 2017 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 5,570 761 23 314 553 16 7,237 $ 6,250 $ 761 $ 23 $ 314 $ 553 $ 16 $ 7,917 Ending gross loan balances: Individually evaluated for impairment $ 993 $ 303 $ 0 $ 15 $ 0 $ 0 $ 1,311 Collectively evaluated for impairment 501,680 65,141 607 37,821 30,049 0 635,298 $ 502,673 $ 65,444 $ 607 $ 37,836 $ 30,049 $ 0 $ 636,609
Change in Allowance for Loan Losses [Table Text Block]	THREE MONTHS ENDED SEPTEMBER 30, NINE MONTHS ENDED SEPTEMBER 30, 2018 2017 2018 2017 Balance, beginning of period $ 372 $ 302 $ 305 $ 284 Provision (Recovery) to Operations for Off Balance Sheet Commitments 19 (4 ) 86 14 Balance, end of period $ 391 $ 298 $ 391 $ 298
Weighted Average [Member]
Notes Tables
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2018 December 31, 2017 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.08 Commercial real estate - mortgages 3.02 3.01 Land 3.63 3.71 Farmland 3.00 3.14 Commercial and industrial 3.09 3.09 Consumer 2.21 2.34 Consumer residential 3.01 3.01 Agriculture 3.19 3.19 Total gross loans 3.04 3.05

Note 6 - Goodwill and Other I_2

Note 6 - Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 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 $ 29 $ 105 $ 96 $ 93 $ 89 $ 236 $ 648

Note 7 - Financial Instrument_2

Note 7 - Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 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 $ 162,841 $ 162,841 1 Restricted equity securities 4,357 4,357 2 Loans, net 653,995 651,333 3 Interest receivable 3,181 3,181 2 Financial liabilities: Deposits (974,424 ) (973,824 ) 3 Interest payable (31 ) (31 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (2,363 ) 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 September 30, 2018 Using (in thousands) September 30, 2018 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 43,289 $ 0 $ 43,289 $ 0 Collateralized mortgage obligations 2,103 0 2,103 0 Municipalities 91,029 0 91,029 0 SBA pools 9,247 0 9,247 0 Corporate debt 20,697 0 20,697 0 Asset backed securities 38,873 0 38,873 0 Equity Securities:* Mutual fund $ 3,060 $ 3,060 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 306 $ 0 $ 0 $ 313 Consumer residential 14 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)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	THREE MONTHS ENDED (In thousands) SEPTEMBER 30 , 2018 2017 BASIC EARNINGS PER SHARE Net income $ 3,165 $ 2,468 Weighted average shares outstanding 8,084 8,065 Net income per common share $ 0.39 $ 0.31 DILUTED EARNINGS PER SHARE Net income $ 3,165 $ 2,468 Weighted average shares outstanding 8,084 8,065 Effect of dilutive stock options 2 5 Effect of dilutive non-vested restricted shares 18 13 Weighted average shares of common stock and common stock equivalents 8,104 8,083 Net income per diluted common share $ 0.39 $ 0.31 NINE MONTHS ENDED (In thousands) SEPTEMBER 30, 2018 2017 BASIC EARNINGS PER SHARE Net income $ 8,558 $ 7,505 Weighted average shares outstanding 8,080 8,056 Net income per common share $ 1.06 $ 0.93 DILUTED EARNINGS PER SHARE Net income $ 8,558 $ 7,505 Weighted average shares outstanding 8,080 8,056 Effect of dilutive stock options 2 4 Effect of dilutive non-vested restricted shares 19 18 Weighted average shares of common stock and common stock equivalents 8,101 8,078 Net income per diluted common share $ 1.06 $ 0.93

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 2 - Recent Accounting Pr_2

Note 2 - Recent Accounting Pronouncements (Details Textual)	Jan. 29, 2016
Mother Lode Bank [Member]
Number of Branches Closed	2

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2018	Dec. 31, 2017USD ($)
Equity Securities, FV-NI	$ 3,060,000		$ 3,060,000			$ 3,112,000
Equity Securities, FV-NI, Realized Gain (Loss), Total	0		0
Equity Securities, FV-NI, Unrealized Gain (Loss), Total	28,000		115,000
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total			0
Debt Securities, Available-for-sale, Realized Gain	3,000	$ 4,000	10,000	$ 394,000
Number of Debt Securities, Available-for-sale, Sold				0
Security Owned and Pledged as Collateral, Fair Value, Total	$ 111,168,000		$ 111,168,000			$ 109,158,000
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	24		24
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	40		40
Corporate Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	9		9
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	2		2
US Government Agencies Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	7		7
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	21		21
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		2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	5		5
Asset-backed Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	2		2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	10		10
Collateralized Mortgage Obligations [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	2		2
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions					2

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Available-for-sale securities, amortized cost	$ 206,241	$ 177,612
Available-for-sale securities, gross unrealized gains	1,514	2,832
Available-for-sale securities, gross unrealized losses	(2,517)	(1,196)
Available-for-sale securities, fair market value	205,238	179,248
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	43,781	29,741
Available-for-sale securities, gross unrealized gains	150	374
Available-for-sale securities, gross unrealized losses	(642)	(143)
Available-for-sale securities, fair market value	43,289	29,972
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, amortized cost	2,178	2,628
Available-for-sale securities, gross unrealized gains	0	1
Available-for-sale securities, gross unrealized losses	(75)	(36)
Available-for-sale securities, fair market value	2,103	2,593
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	90,684	91,201
Available-for-sale securities, gross unrealized gains	1,060	2,174
Available-for-sale securities, gross unrealized losses	(715)	(308)
Available-for-sale securities, fair market value	91,029	93,067
SBA Pool [Member]
Available-for-sale securities, amortized cost	9,299	11,818
Available-for-sale securities, gross unrealized gains	13	46
Available-for-sale securities, gross unrealized losses	(65)	(14)
Available-for-sale securities, fair market value	9,247	11,850
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	21,426	19,358
Available-for-sale securities, gross unrealized gains	133	112
Available-for-sale securities, gross unrealized losses	(862)	(681)
Available-for-sale securities, fair market value	20,697	18,789
Asset-backed Securities [Member]
Available-for-sale securities, amortized cost	38,873	22,866
Available-for-sale securities, gross unrealized gains	158	125
Available-for-sale securities, gross unrealized losses	(158)	(14)
Available-for-sale securities, fair market value	$ 38,873	$ 22,977

Note 3 - Securities - Securitie

Note 3 - Securities - Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Less than 12 months, fair value	$ 92,082	$ 50,603
Less than 12 months, unrealized loss	(974)	(316)
12 months or more, fair value	40,923	26,820
12 months or more, unrealized loss	(1,543)	(880)
Fair value	133,005	77,423
Unrealized loss	(2,517)	(1,196)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	27,197	10,588
Less than 12 months, unrealized loss	(386)	(46)
12 months or more, fair value	7,810	5,437
12 months or more, unrealized loss	(256)	(97)
Fair value	35,007	16,025
Unrealized loss	(642)	(143)
Collateralized Mortgage Obligations [Member]
Less than 12 months, fair value	405	1,090
Less than 12 months, unrealized loss	(3)	(11)
12 months or more, fair value	1,698	921
12 months or more, unrealized loss	(72)	(26)
Fair value	2,103	2,011
Unrealized loss	(75)	(37)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	34,596	28,779
Less than 12 months, unrealized loss	(301)	(236)
12 months or more, fair value	17,191	5,611
12 months or more, unrealized loss	(414)	(72)
Fair value	51,787	34,390
Unrealized loss	(715)	(308)
SBA Pool [Member]
Less than 12 months, fair value	6,915	1,998
Less than 12 months, unrealized loss	(59)	(4)
12 months or more, fair value	604	703
12 months or more, unrealized loss	(5)	(9)
Fair value	7,519	2,701
Unrealized loss	(64)	(13)
Corporate Debt Securities [Member]
Less than 12 months, fair value	3,987	1,994
Less than 12 months, unrealized loss	(74)	(6)
12 months or more, fair value	11,699	13,815
12 months or more, unrealized loss	(789)	(675)
Fair value	15,686	15,809
Unrealized loss	(863)	(681)
Asset-backed Securities [Member]
Less than 12 months, fair value	18,982	6,154
Less than 12 months, unrealized loss	(151)	(13)
12 months or more, fair value	1,921	333
12 months or more, unrealized loss	(7)	(1)
Fair value	20,903	6,487
Unrealized loss	$ (158)	$ (14)

Note 3 - Securities - Contractu

Note 3 - Securities - Contractual Maturity or Call Date (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Due in one year or less, amortized cost	$ 36,177
Due in one year or less, fair value	36,059
Due after one year through five years, amortized cost	51,966
Due after one year through five years, fair value	51,875
Due after five years through ten years, amortized cost	46,981
Due after five years through ten years, fair value	46,495
Due after ten years, amortized cost	71,117
Due after ten years, fair value	70,809
Amortized cost	206,241	$ 177,612
Fair Value	$ 205,238	$ 179,248

Note 4 - Loans (Details Textual

Note 4 - Loans (Details Textual)	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2018	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Loans and Leases Receivable, Percentage of Outstanding Principal Balance Secured by Owner Occupied Properties	44.00%			44.00%		43.00%
Underwriting Standards, Loan to Value Percentage	80.00%			80.00%
Underwriting Standards, Housing Percentage	36.00%			36.00%
Underwriting Standards, Total Debt Ratio	42.00%			42.00%
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 16,000	$ 27,000		$ 53,000	$ 95,000
Impaired Financing Receivable, Interest Income, Accrual Method, Total	$ 0	$ 0		$ 0	$ 0
Financing Receivable, Modifications, Number of Contracts Held	4			4		4
Financing Receivable, Modifications, Recorded Investment	$ 920,000			$ 920,000		$ 1,311,000
Loans and Leases Receivable, Impaired, Commitment to Lend	0			0		0
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 680,000			$ 680,000		680,000
Financing Receivable, Modifications, Number of Contracts	0	0		0	0
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0		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%			110.00%
Loans and Leases Receivable, Gross, Total	$ 663,195,000	$ 636,609,000		$ 663,195,000	$ 636,609,000	662,544,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	663,195,000			663,195,000		662,544,000
Substandard [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category			40.00%
Loans and Leases Receivable, Gross, Total	1,676,000			1,676,000		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		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	77.00%			77.00%
Loans and Leases Receivable, Gross, Total	$ 508,403,000	502,673,000		$ 508,403,000	502,673,000	517,150,000
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	12.00%			12.00%
Loans and Leases Receivable, Gross, Total	$ 80,932,000	65,444,000		$ 80,932,000	65,444,000	69,610,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Gross, Total						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	5.00%			5.00%
Agriculture [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	6.00%			6.00%
Loans and Leases Receivable, Gross, Total	$ 37,039,000	$ 30,049,000		$ 37,039,000	$ 30,049,000	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	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Loans	$ 663,195		$ 662,544	$ 636,609
Deferred loan fees and costs, net	(1,065)		(1,389)
Allowance for loan losses	(8,135)	$ (8,162)	(8,166)	(7,917)	$ (7,854)	$ (7,832)
Net loans	653,995		652,989
Commercial Real Estate Portfolio Segment [Member]
Loans	508,403		517,150	502,673
Allowance for loan losses	(6,105)	(6,022)	(6,331)	(6,250)	(6,247)	(6,185)
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	17,785		31,265
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	419,690		417,138
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	10,062		10,072
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	60,866		58,675
Commercial Portfolio Segment [Member]
Loans	80,932		69,610	65,444
Allowance for loan losses	(955)	(873)	(813)	(761)	(746)	(697)
Consumer Portfolio Segment [Member]
Loans	1,056		689	607
Allowance for loan losses	(31)	(22)	(27)	(23)	(30)	(51)
Residential Portfolio Segment [Member]
Loans	35,765		37,161	37,836
Allowance for loan losses	(309)	(304)	(300)	(314)	(321)	(325)
Agriculture [Member]
Loans	37,039		37,934	30,049
Allowance for loan losses	$ (682)	$ (698)	$ (693)	$ (553)	$ (453)	$ (504)

Note 4 - Loans - Non Accrual Lo

Note 4 - Loans - Non Accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Non-accrual loans	$ 920	$ 1,311
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Non-accrual loans	906	993
Commercial Portfolio Segment [Member]
Non-accrual loans	0	302
Residential Portfolio Segment [Member]
Non-accrual loans	$ 14	$ 16

Note 4 - Loans - Aging of Past

Note 4 - Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Past due	$ 955	$ 1,314
Current	662,240	661,230
Loans	663,195	662,544	$ 636,609
Greater than 90 days past due and still accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	48	19
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	1	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	906	1,295
Commercial Real Estate Portfolio Segment [Member]
Loans	508,403	517,150	502,673
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past due	0	0
Current	17,785	31,265
Loans	17,785	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	419,690	417,138
Loans	419,690	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	906	993
Current	9,156	9,079
Loans	10,062	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	906	993
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Past due	0	0
Current	60,866	58,675
Loans	60,866	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	0	321
Current	80,932	69,289
Loans	80,932	69,610	65,444
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	0	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	0	302
Consumer Portfolio Segment [Member]
Past due	1	0
Current	1,055	689
Loans	1,056	689	607
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	1	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	48	0
Current	35,717	37,161
Loans	35,765	37,161	37,836
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	48	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	37,039	37,934
Loans	37,039	37,934	$ 30,049
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

Note 4 - Loans - Impaired Loans

Note 4 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Unpaid contractual principal	$ 1,269		$ 1,269		$ 1,659
Recorded investment with no allowance	14		14		318
Recorded investment with allowance	906		906		993
Total recorded investment	920		920		1,311
Related allowance	680		680		680
Average recorded investment	1,061	$ 1,895	2,418	$ 2,685	2,139
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid contractual principal	1,222		1,222		1,309
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	906		906		993
Total recorded investment	906		906		993
Related allowance	680		680		680
Average recorded investment	942	1,518	2,018	2,273	1,760
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Portfolio Segment [Member]
Unpaid contractual principal	32		32		334
Recorded investment with no allowance	0		0		302
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		302
Related allowance	0		0		0
Average recorded investment	105	302	304	305	303
Consumer Portfolio Segment [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Residential Portfolio Segment [Member]
Unpaid contractual principal	15		15		16
Recorded investment with no allowance	14		14		16
Recorded investment with allowance	0		0		0
Total recorded investment	14		14		16
Related allowance	0		0		0
Average recorded investment	14	75	96	107	76
Agriculture [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	$ 0	$ 0	$ 0	$ 0	$ 0

Note 4 - Loans - Weighted Avera

Note 4 - Loans - Weighted Average Risk Grades of Loan Portfolio (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Weighted average risk grade of loans	3.04	3.05
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Weighted average risk grade of loans	3	3.08
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Weighted average risk grade of loans	3.02	3.01
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Weighted average risk grade of loans	3.63	3.71
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Weighted average risk grade of loans	3	3.14
Commercial Portfolio Segment [Member]
Weighted average risk grade of loans	3.09	3.09
Consumer Portfolio Segment [Member]
Weighted average risk grade of loans	2.21	2.34
Residential Portfolio Segment [Member]
Weighted average risk grade of loans	3.01	3.01
Agriculture [Member]
Weighted average risk grade of loans	3.19	3.19

Note 4 - Loans - Loans by Credi

Note 4 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Loans	$ 663,195	$ 662,544	$ 636,609
Commercial Real Estate Portfolio Segment [Member]
Loans	508,403	517,150	502,673
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	17,785	31,265
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	419,690	417,138
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	10,062	10,072
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	60,866	58,675
Commercial Portfolio Segment [Member]
Loans	80,932	69,610	65,444
Consumer Portfolio Segment [Member]
Loans	1,056	689	607
Residential Portfolio Segment [Member]
Loans	35,765	37,161	37,836
Agriculture [Member]
Loans	37,039	37,934	$ 30,049
Pass [Member]
Loans	650,302	655,030
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	17,785	30,008
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	416,114	416,437
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	9,156	8,901
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	60,866	58,675
Pass [Member] | Commercial Portfolio Segment [Member]
Loans	75,054	65,313
Pass [Member] | Consumer Portfolio Segment [Member]
Loans	1,030	662
Pass [Member] | Residential Portfolio Segment [Member]
Loans	35,708	37,100
Pass [Member] | Agriculture [Member]
Loans	34,589	37,934
Special Mention [Member]
Loans	11,217	5,019
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		1,257
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	2,889
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans	5,878	3,762
Special Mention [Member] | Consumer Portfolio Segment [Member]
Loans
Special Mention [Member] | Residential Portfolio Segment [Member]
Loans
Special Mention [Member] | Agriculture [Member]
Loans	2,450
Substandard [Member]
Loans	1,676	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	687	701
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	906	1,171
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans		535
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans	26	27
Substandard [Member] | Residential Portfolio Segment [Member]
Loans	57	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
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

Note 4 - Loans - Allowance for

Note 4 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017
Beginning balance	$ 8,162	$ 7,854	$ 8,166	$ 7,832
Charge-offs	(28)	(9)	(39)	(26)
Recoveries	1	2	8	6
Provision for loan losses	0	70	0	105
Ending balance	8,135	7,917	8,135	7,917
Individually evaluated for impairment					$ 680	$ 680	$ 680
Collectively evaluated for impairment					7,455	7,486	7,237
	8,135	7,854	8,135	7,917	8,135	8,166	7,917
Individually evaluated for impairment					920	1,311	1,311
Collectively evaluated for impairment					662,275	661,233	635,298
					663,195	662,544	636,609
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	6,022	6,247	6,331	6,185
Charge-offs	0		0
Recoveries	0		0
Provision for loan losses	83	3	(226)	65
Ending balance	6,105	6,250	6,105	6,250
Individually evaluated for impairment					680	680	680
Collectively evaluated for impairment					5,425	5,651	5,570
	6,022	6,247	6,105	6,250	6,105	6,331	6,250
Individually evaluated for impairment					906	993	993
Collectively evaluated for impairment					507,497	516,157	501,680
					508,403	517,150	502,673
Commercial Portfolio Segment [Member]
Beginning balance	873	746	813	697
Charge-offs	0		0
Recoveries	0		0
Provision for loan losses	82	15	142	64
Ending balance	955	761	955	761
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					955	813	761
	873	746	955	761	955	813	761
Individually evaluated for impairment					0	303	303
Collectively evaluated for impairment					80,932	69,307	65,141
					80,932	69,610	65,444
Consumer Portfolio Segment [Member]
Beginning balance	22	30	27	51
Charge-offs	(11)	(9)	(22)	(26)
Recoveries	1	2	7	5
Provision for loan losses	19		19	(7)
Ending balance	31	23	31	23
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					31	27	23
	22	30	31	23	31	27	23
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					1,056	689	607
					1,056	689	607
Residential Portfolio Segment [Member]
Beginning balance	304	321	300	325
Charge-offs	(17)		(17)
Recoveries	0		1	1
Provision for loan losses	22	(7)	25	(12)
Ending balance	309	314	309	314
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					309	300	314
	304	321	309	314	309	300	314
Individually evaluated for impairment					14	15	15
Collectively evaluated for impairment					35,751	37,146	37,821
					35,765	37,161	37,836
Agriculture [Member]
Beginning balance	698	453	693	504
Charge-offs	0		0
Recoveries	0		0
Provision for loan losses	(16)	100	(11)	49
Ending balance	682	553	682	553
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					682	693	553
	698	453	682	553	682	693	553
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					37,039	37,934	30,049
					37,039	37,934	30,049
Unallocated Financing Receivables [Member]
Beginning balance	243	57	2	70
Charge-offs	0		0
Recoveries	0		0
Provision for loan losses	(190)	(41)	51	(54)
Ending balance	53	16	53	16
Individually evaluated for impairment					0	0	0
Collectively evaluated for impairment					53	2	16
	$ 243	$ 57	$ 53	$ 16	53	2	16
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Balance, beginning of period	$ 372	$ 302	$ 305	$ 284
Provision (Recovery) to Operations for Off Balance Sheet Commitments	19	(4)	86	14
Balance, end of period	$ 391	$ 298	$ 391	$ 298

Note 5 - Other Real Estate Ow_2

Note 5 - Other Real Estate Owned (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Number of Real Estate Properties	1		1		2
Real Estate Acquired Through Foreclosure	$ 0		$ 0		$ 253,000
Number of Real Estate Properties, Disposed Of			1	1
Gains (Losses) on Sales of Other Real Estate	0	$ 211,000	$ 193,000	$ 211,000
Real Estate Owned, Transfer to Real Estate Owned			0	$ 0
Residential Land [Member]
Real Estate Acquired Through Foreclosure	$ 0		$ 0		$ 0

Note 6 - Goodwill and Other I_3

Note 6 - Goodwill and Other Intangible Assets (Details Textual) - Core Deposits [Member] $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Finite-Lived Intangible Asset, Useful Life	10 years
Impairment of Intangible Assets, Finite-lived	$ 0

Note 6 - Goodwill and Other I_4

Note 6 - Goodwill and Other Intangible Assets - Future Amortization Expense (Details) - Core Deposits [Member] $ in Thousands	Sep. 30, 2018USD ($)
2,018	$ 29
2,019	105
2,020	96
2,021	93
2,022	89
Thereafter	236
Total	$ 648

Note 7 - Financial Instrument_3

Note 7 - Financial Instruments and Fair Value Measurements (Details Textual)	Sep. 30, 2018
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Selling Cost Discount, Measurement Input	0.06

Note 7 - Financial Instrument_4

Note 7 - Financial Instruments and Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Financial assets:
Cash and cash equivalents	$ 162,841	$ 149,173
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and cash equivalents	162,841	149,173
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Financial assets:
Restricted equity securities	4,357	4,135
Interest receivable	3,181	3,170
Financial liabilities:
Interest payable	(31)	(45)
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Restricted equity securities	4,357	4,135
Interest receivable	3,181	3,170
Financial liabilities:
Interest payable	(31)	(45)
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Financial assets:
Loans, net	653,995	638,902
Financial liabilities:
Deposits	(974,424)	(938,882)
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Financial assets:
Loans, net	651,333	639,830
Financial liabilities:
Deposits	(973,824)	(829,992)
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit	$ (2,363)	$ (1,180)

Note 7 - Financial Instrument_5

Note 7 - Financial Instruments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring and Non Recurring Basis (Details) - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Available-for-sale securities, fair market value		$ 205,238,000	$ 179,248,000
Equity securities		3,060,000	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] | Consumer Portfolio Segment [Member]
Impaired loans		14,000	16,000
Fair Value, Measurements, Nonrecurring [Member] | Commercial Portfolio Segment [Member]
Impaired loans			302,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Commercial Portfolio Segment [Member]
Impaired loans			0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		0	0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Commercial Portfolio Segment [Member]
Impaired loans			0
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Consumer Portfolio Segment [Member]
Impaired loans		15,000	16,000
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Portfolio Segment [Member]
Impaired loans			302,000
US Government Agencies Debt Securities [Member]
Available-for-sale securities, fair market value		43,289,000	29,972,000
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		43,289,000	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		43,289,000	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		2,103,000	2,593,000
Collateralized Mortgage Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		2,103,000	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		2,103,000	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		91,029,000	93,067,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		91,029,000	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		91,029,000	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		9,247,000	11,850,000
SBA Pool [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		9,247,000	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		9,247,000	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		20,697,000	18,789,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		20,697,000	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		20,697,000	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		38,873,000	22,977,000
Asset-backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities, fair market value		38,873,000	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		38,873,000	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]	3,060,000	3,112,000
Mutual Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Equity securities	[1]	3,060,000	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		306,000	313,000
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans		0	0
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans		0	0
Land Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans		$ 313,000	$ 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		9 Months Ended
	Sep. 30, 2018shares	Sep. 30, 2017shares	Sep. 30, 2018shares	Sep. 30, 2017shares
Number Of Forms Of Outstanding Common Stock			2
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	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		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
BASIC EARNINGS PER SHARE
Net income	$ 3,165	$ 2,468	$ 8,558	$ 7,505	$ 9,094
Weighted average shares outstanding (in shares)	8,084	8,065	8,080	8,056
Net income per common share (in dollars per share)	$ 0.39	$ 0.31	$ 1.06	$ 0.93
DILUTED EARNINGS PER SHARE
Net income	$ 3,165	$ 2,468	$ 8,558	$ 7,505	$ 9,094
Weighted average shares outstanding (in shares)	8,084	8,065	8,080	8,056
Effect of dilutive stock options (in shares)	2	5	2	4
Effect of dilutive non-vested restricted shares (in shares)	18	13	19	18
Weighted average shares of common stock and common stock equivalents (in shares)	8,104	8,083	8,101	8,078
Net income per diluted share (in dollars per share)	$ 0.39	$ 0.31	$ 1.06	$ 0.93