HomeTown Bankshares (HMTA) 10-K 30 Mar 18 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 30, 2018	Jun. 30, 2017
Document Information [Line Items]
Entity Registrant Name	HomeTown Bankshares Corp
Entity Central Index Key	1,461,640
Trading Symbol	hmta
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		5,800,683
Entity Public Float			$ 57,945,887
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 21,714	$ 18,229
Federal funds sold	180	42
Securities available for sale, at fair value	55,344	52,975
Restricted equity securities, at cost	2,371	2,213
Loans held for sale	1,587	678
Loans, net of allowance for loan losses of $3,758 in 2017 and $3,636 in 2016	440,437	415,355
Property and equipment, net	12,937	13,371
Other real estate owned, net of valuation allowance of $797 in 2017 and $825 in 2016	3,249	3,794
Bank owned life insurance	8,669	7,469
Accrued income	2,681	2,289
Other assets	1,084	875
Total assets	550,253	517,290
Liabilities and Stockholders’ Equity
Noninterest-bearing	106,956	91,354
Interest-bearing	370,364	359,494
Total deposits	477,320	450,848
Federal Home Loan Bank borrowings	11,028	8,000
Subordinated notes	7,254	7,224
Other borrowings	1,558	1,117
Accrued interest payable	368	386
Other liabilities	1,833	1,490
Total liabilities	499,361	469,065
Commitments and contingencies
Stockholders’ equity:
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 5,775,597 (includes 32,087 restricted shares) at December 31, 2017 and 5,760,735 (includes 31,546 restricted shares) at December 31, 2016	28,777	28,765
Surplus	17,980	17,833
Retained earnings	3,767	1,247
Accumulated other comprehensive loss	(141)	(56)
Total HomeTown Bankshares Corporation stockholders’ equity	50,383	47,789
Noncontrolling interest in consolidated subsidiary	509	436
Total stockholders’ equity	50,892	48,225
Total liabilities and stockholders’ equity	$ 550,253	$ 517,290

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Loans, allowance for loan losses	$ 3,758	$ 3,636
Other real estate owned, valuation allowance	$ 797	$ 825
Common stock, par value (in dollars per share)	$ 5	$ 5
Common stock, authorized shares (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,775,597	5,760,735
Common stock, shares outstanding (in shares)	5,775,597	5,760,735
Common stock, restricted shares (in shares)	32,087	31,546

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Interest and dividend income:
Loans and fees on loans	$ 18,973	$ 17,711
Taxable investment securities	1,031	837
Nontaxable investment securities	308	388
Dividends on restricted stock	132	131
Other interest income	225	107
Total interest and dividend income	20,669	19,174
Interest expense:
Deposits	2,282	2,216
Subordinated notes	537	536
Other borrowed funds	227	266
Total interest expense	3,046	3,018
Net interest income	17,623	16,156
Provision for loan losses	1,142	1,082
Net interest income after provision for loan losses	16,481	15,074
Noninterest income:
Service charges on deposit accounts	544	669
ATM and interchange income	837	670
Mortgage banking	959	854
Gains on sales of investment securities, net	69	257
Other income	874	651
Total noninterest income	3,283	3,101
Noninterest expense:
Salaries and employee benefits	8,098	6,981
Occupancy and equipment expense	1,650	1,650
Data processing expense	1,314	1,129
ATM maintenance expense	197	228
Advertising and marketing expense	537	480
Professional fees	588	494
Bank franchise taxes	399	366
FDIC insurance expense	248	306
Losses on sales and writedowns of other real estate owned, net	581	495
Other real estate owned expense	106	97
Directors’ fees	410	411
Other expense	1,839	1,517
Total noninterest expense	15,967	14,154
Net income before income taxes	3,797	4,021
Income tax expense	1,228	1,440
Net income	2,569	2,581
Less net income attributable to non-controlling interest	73	62
Net income attributable to HomeTown Bankshares Corporation	2,496	2,519
Effective dividends on preferred stock		408
Net income available to common stockholders	$ 2,496	$ 2,111
Basic earnings per common share (in dollars per share)	$ 0.43	$ 0.45	[1]
Diluted earnings per common share (in dollars per share)	$ 0.43	$ 0.37	[1]
Weighted average common shares outstanding (in shares)	5,769,752	4,652,853	[1]
Diluted weighted average common shares outstanding (in shares)	5,804,382	5,776,292	[1]
[1]	Restated for the 4% stock dividend distributed July 11, 2016

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Net income	$ 2,569	$ 2,581
Other comprehensive loss:
Net unrealized holding losses on securities available for sale during the period	(25)	(428)
Deferred income tax benefit on unrealized holding losses on securities available for sale	9	146
Reclassification adjustment for gains on sales of investment securities included in net income	(69)	(257)
Tax expense related to realized gains on securities sold	24	87
Total other comprehensive loss	(61)	(452)
Comprehensive income	2,508	2,129
Less: comprehensive income attributable to the non-controlling interest	73	62
Comprehensive income attributable to HomeTown Bankshares Corporation	$ 2,435	$ 2,067

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Preferred Stock [Member]Series C Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2015	$ 12,893	$ 16,801	$ 15,484	$ 443	$ 396	$ 374	$ 46,391
Net income				2,519		62	2,581
Other comprehensive loss, net of tax					(452)		(452)
Net settlement of restricted stock vesting		(16)	(13)				(29)
Preferred stock dividend paid				(408)			(408)
Common stock dividend issued		665	637	(1,307)			(5)
Conversion of preferred stock to common stock	(12,893)	11,315	1,578
Stock based compensation			147				147
Balance at Dec. 31, 2016		28,765	17,833	1,247	(56)	436	48,225
Net income				2,496		73	2,569
Other comprehensive loss, net of tax					(61)		(61)
Net settlement of restricted stock vesting		(10)	(10)				(20)
Stock based compensation			148				148
Exercise of stock options		22	9				31
Reclassification of stranded tax effects from change in tax rate				24	(24)
Balance at Dec. 31, 2017		$ 28,777	$ 17,980	$ 3,767	$ (141)	$ 509	$ 50,892

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - Common Stock [Member] - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Net settlement of restricted stock vesting (in shares)	9,821	8,519
Exercise of stock options (in shares)	4,500

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 2,569	$ 2,581
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	726	754
Provision for loan losses	1,142	1,082
Amortization of premium on securities, net	465	591
Amortization of discount on subordinated notes	30	30
Gains on sales of loans held for sale	(690)	(626)
Losses on sales and writedowns of other real estate owned, net	581	495
Gains on sales of investment securities	(69)	(257)
Net losses on fixed assets disposals		13
Increase in value of life insurance contracts	(200)	(184)
Stock compensation expense	148	147
Originations of loans held for sale	(33,611)	(25,897)
Proceeds from sales of loans held for sale	33,392	27,488
Changes in assets and liabilities:
Accrued income	(392)	(232)
Other assets	(53)	96
Deferred taxes, net	(123)	(56)
Accrued interest payable	(18)	14
Other liabilities	343	229
Net cash flows provided by operating activities	4,240	6,268
Cash flows from investing activities:
Net (increase) decrease in federal funds sold	(138)	1,287
Purchases of available for sale securities	(23,403)	(15,829)
Sales, maturities, and calls of available for sale securities	20,544	14,379
Redemptions (purchase) of restricted equity securities, net	(158)	322
Net increase in loans	(27,248)	(52,858)
Proceeds from sales of other real estate	988	1,429
Purchases of bank owned life insurance	(1,000)	(1,000)
Purchases of property and equipment	(292)	(130)
Net cash flows used in investing activities	(30,707)	(52,400)
Cash flows from financing activities:
Net increase in noninterest-bearing deposits	15,602	14,086
Net increase in interest-bearing deposits	10,870	37,216
Net increase (decrease) in FHLB borrowings	3,028	(14,000)
Net increase (decrease) in other borrowings	441	(1,244)
Exercise of stock options	31
Preferred stock dividend payment		(408)
Net settlement of vested restricted stock and cash in lieu of fractional shares	(20)	(34)
Net cash flows provided by financing activities	29,952	35,616
Net increase (decrease) in cash and cash equivalents	3,485	(10,516)
Cash and cash equivalents, beginning	18,229	28,745
Cash and cash equivalents, ending	21,714	18,229
Supplemental disclosure of cash flow information:
Cash payments for interest	3,064	2,974
Cash payments for income taxes	1,461	1,368
Supplemental disclosure of noncash investing and financing activities:
Transfer from loans to other real estate owned	1,024	481
Change in unrealized gains and losses on available for sale securities	(94)	(685)
Conversion of preferred stock to common stock		$ 12,893

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. Organization On September 4, 2009, one one November 9, 2004 November 14, 2005. In 2013 49% HomeTown Residential Mortgage LLC originates and sells mortgages secured by personal residences. Due to the marketing support and direction provided by HomeTown Bank to HomeTown Residential Mortgage LLC, along with guarantees of warehouse lines of credit used in its operation, the Company is deemed to exercise control of this entity. The ownership interest in HomeTown Residential Mortgage LLC not Summary of Significant Accounting Policies The following is a description of the significant accounting and reporting policies the Company follows in preparing and presenting its consolidated financial statements. Principles of Consolidation The consolidated financial statements include the accounts of HomeTown Bankshares Corporation and its wholly-owned subsidiary HomeTown Bank. All significant intercompany balances and transactions have been eliminated in consolidation. Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of other real estate owned, and the valuation of deferred tax assets. Substantially all of the Company’s loan portfolio consists of loans in its market area. Accordingly, the ultimate collectability of a substantial portion of the Company’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate (as applicable) is susceptible to changes in local market conditions. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and amounts due from correspondent banks. For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents are defined as those amounts included in the consolidated balance sheet caption “cash and due from banks.” Securities Investments in debt and equity securities with readily determinable fair values are classified as either held to maturity, available for sale, or trading, based on management ’s intent. Currently, all of the Company’s investment securities are classified as available for sale. Available for sale securities are carried at estimated fair value with the corresponding unrealized gains and losses excluded from earnings and reported in other comprehensive income. Gains or losses are recognized in earnings on the trade date using the amortized cost of the specific security sold. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either (i) the Company intends to sell the security or (ii) it is more likely than not not not no no ’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery. Restricted Equity Securities As members of the Federal Reserve Bank (FRB) and the Federal Ho me Loan Bank (FHLB), the Bank is required to maintain certain minimum investments in the capital stock of the FRB and FHLB. The Company’s investment in these securities is recorded at cost, based on the redemption provisions of the FRB and FHLB. Loans Held for Sale Secondary market mortgage loans are designated as held for sale at the time of their origination. These loans are pre-sold with servicing released and the Company does not Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their outstanding principal amount adjusted for any charge-offs, allowance for loan losses and deferred fees or costs on originated loans. Loan origination fees and certain direct origination costs are capitalized and recognized as an adjustment of the yield of the related loan. Interest is accrued and credited to income based on the principal amount outstanding. The accrual of interest on impaired loans for all classes is discontinued when, in management ’s opinion, the borrower may ● Residential real estate construction loans carry risks that the home will not not may may ● Land acquisition and development loans and commercial construction loans carry risks that the project will not not may may ● Residential real estate loans carry risks associated with the continued creditworthiness of the borrower and changes in the value of the collateral. ● Commercial real estate loans carry risks associated with the successful operation of a business or a real estate project, in addition to other risks associated with the ownership of real estate, because the repayment of these loans may ● Commercial, industrial and agricultural loans carry risks associated with the successful operation of a business. Typically repayment is dependent on the cash flow of the business, and is secured by business assets, such as accounts receivable, equipment, and inventory. There is risk associated with the value of the collateral which may ● Equity lines of credit carry risks associated with the continued creditworthiness of the borrower and changes in the value of the collateral. ● Consumer loans carry risks associated with the continued creditworthiness of the borrower and the value of the collateral (e.g., rapidly depreciating assets such as automobiles), or lack thereof. Consumer loans are more likely than real estate loans to be immediately adversely affected by job loss, divorce, illness or personal bankruptcy. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not ’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral, less cost to sell, if the loan is collateral dependent. TDRs (Troubled Debt Restructurings) occur when the Company agrees to significantly modify the original terms of a loan due to the deterioration in the financial condition of the borrower. TDRs are considered impaired loans. Upon designation as a TDR, the Company evaluates the borrower ’s payment history, past-due status and ability to make payments based on the revised terms of the loan. If a loan was accruing prior to being modified as a TDR and if the Company concludes that the borrower is able to make such payments, and there are no may six Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Consumer loans are charged off when they become 120 180 Borrowers that are in bankruptcy are charged off unless the debt has been reaffirmed and is well secured and recovery is probable. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired, and is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. For collateral dependent loans, an updated appraisal will be ordered if a current one not third may not ● Pass rated loans are to persons or business entities with an acceptable financial condition, appropriate collateral margins, appropriate cash flow to service the existing loan, and an appropriate leverage ratio. The borrower has paid all obligations as agreed and it is expected that this type of payment history will continue. When necessary, acceptable personal guarantors support the loan. ● Special mention loans have a specific defined weakness in the borrower ’s operations and the borrower’s ability to generate positive cash flow on a sustained basis. The borrower’s recent payment history may ● Substandard loans are considered to have specific and well-defined weaknesses that jeopardize the viability of the Company ’s credit extension. The payment history for the loan may may may not not not ● Substandard nonaccrual loans have the same characteristics as substandard loans; however, they have a non-accrual classification and are considered impaired. ● Doubtful rated loans have all the weaknesses inherent in a loan that is classified substandard but with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high. ● Loss rated loans are not no Loan Fees and Costs Loan origination and commitment fees and certain direct loan origination costs charged by the Bank are deferred and the net amount amortized as an adjustment of the related loan ’s yield. The Bank is amortizing these net amounts over the contractual life of the related loans or, in the case of demand loans, over the estimated life. Net fees related to standby letters of credit are recognized over the commitment period. Property and Equipment Land is carried at cost. Buildings, equipment, and leasehold improvements are carried at cost, less accumulated depreciation and amortization. Depreciation is provided over the estimated useful lives of the respective assets on the straight-line basis. Estimated useful lives range from ten forty three ten Other Real Estate Owned Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value less anticipated cost to sell at the date of foreclosure establishing a new cost basis. After foreclosure, valuations are periodically performed by management, and the real estate is carried at the lower of carrying amount or fair value less cost to sell. Changes in the valuation allowance are included in the income statement in the line “Losses on sales and writedowns of other real estate owned, net.” Bank Owned Life Insurance The Company purchased seven Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not Advertising Expense The Company expenses advertising and marketing costs as they are incurred. Income Taxes Deferred income tax assets and liabilities are determined using the liability method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax basis of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the consolidated financial statements in the period during which, based on all available evidence, management believes it is more likely than not not not 50 in the consolidated statement of income. There are no December 31, 2017 2016. Earnings per Common Share Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits and dividends. Nonvested restricted shares are included in basic earnings per share because of dividend participation rights. Diluted earnings per common share is similar to the computation of basic earnings per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued. The numerator is adjusted for any changes in income or loss that would result from the assumed conversion of those potential common shares. Potential common shares that may June 29, 2016. $6.25 Comprehensive Income Comprehensive income reflects the change in the Company’s equity during the year arising from transactions and events other than investment by and distributions to stockholders. It consists of net income plus certain other changes in assets and liabilities that are reported as separate components of stockholders’ equity rather than as income or expense. These changes for the Company relate solely to unrealized gains and losses on securities available for sale. In February 2018, the FASB issued ASU 2018 02, 2018 02 2017 $24 Fair Value Measurements The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no ’s various financial instruments. In cases where quoted market prices are not may not The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not may Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under lines of credit arrangements, commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded. Stock-Based Compensation Plan The 2005 April 20, 2006, 550,000 plan expired in 2016. not ten The Company accounts for the stock option plan in accordance with applicable accounting guidance. Under the fair value recognition provisions of this guidance, stock-based compensation cost was measured at the grant date based on the fair value of the award and is recognized as expense on a straight-line basis over the requisite service period, which is the vesting period. In 2009, 137,280 4% 2016 five ’s common stock on the date the restricted shares are awarded. Recent Accounting Pronouncements In January 2016, 2016 01, – Overall (Subtopic 825 10 2016 01, 1 2 3 4 December 15, 2017, 2016 01 In February 2016, No. 2016 02, 842 2016 02, 1 ‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and ( 2 606, December 15, 2018, not may not not 2016 02 In March 2016, No. 2016 07, 323 ’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no December 15, 2016. 2016 07 not In June 2016, No. 2016 13, 326 December 15, 2019. not December 15, 2020. 2 nd 2018 4 th 2018. In August 2016, No. 2016 15, 230 December 15, 2017, not 2016 15 In January 2017, No. 2017 01, 805 805, three not not not not 1 2 December 15, 2017, No not 2017 01 During March 2017, 2017 ‐ 08, 310‐ 20 December 15, 2018, 2017‐ 08 During May 2017, 2017 ‐ 09, 718 718. December 15, 2017. not 2017‐ 09 During August 2017, 2017 12, 815 December 15, 2018. 2017 12

Note 2 - Investment Securities

Note 2 - Investment Securities	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2. Amortized cost and fair value of securities available for sale are as follows: (Dollars In Thousands) December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Government agency securities $ 13,475 $ 61 $ (101 ) $ 13,435 Mortgage-backed securities and CMO ’s 24,344 12 (375 ) 23,981 Corporate securities 6,991 118 (42 ) 7,067 Municipal securities 10,713 213 (65 ) 10,861 $ 55,523 $ 404 $ (583 ) $ 55,344 (Dollars In Thousands) December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Government agency securities $ 12,422 $ 118 $ (96 ) $ 12,444 Mortgage-backed securities and CMO ’s 19,979 54 (265 ) 19,768 Corporate securities 5,000 66 - 5,066 Municipal securities 15,659 266 (228 ) 15,697 $ 53,060 $ 504 $ (589 ) $ 52,975 The primary purpose of the investment portfolio is to generate income, diversify earning assets, and meet liquidity needs of the Company through readily saleable financial instruments. The portfolio is made up primarily of fixed rate bonds, whose prices move inversely with rates. At the end of any accounting period, the investment portfolio has unrealized gains and losses. The Company monitors the portfolio, which is subject to liquidity needs, market rate changes, and credit risk changes, to see if adjustments are needed. The primary concern in a loss situation is the credit quality of the business or entity behind the instrument. The primary cause of unrealized losses is the increase in market interest rates over the yields available at the time the securities were purchased. At December 31, 2017 , the Company does not U.S. Government agency securities . twenty-four not not December 31, 2017. Mortgage-backed securities and CMO ’s . thirty-five not not December 31, 2017. Corporate securities . The unrealized losses on two not not December 31, 2017. Municipal securities . six not not December 31, 2017. The following tables demonstrate the unrealized loss position of securities available for sale at December 31, 2017 2016. December 31, 2017 Less than 12 months 12 months or more Total (Dollars In Thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agency securities $ 6,859 $ (44 ) $ 2,995 $ (57 ) $ 9,854 $ (101 ) Mortgage-backed securities and CMO ’s 15,624 (192 ) 7,386 (183 ) 23,010 (375 ) Corporate securities 1,438 (42 ) - - 1,438 (42 ) Municipal securities 453 (3 ) 2,332 (62 ) 2,785 (65 ) $ 24,374 $ (281 ) $ 12,713 $ (302 ) $ 37,087 $ (583 ) December 31, 2016 Less than 12 months 12 months or more Total (Dollars In Thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agency securities $ 3,492 $ (32 ) $ 3,491 $ (64 ) $ 6,983 $ (96 ) Mortgage-backed securities and CMO ’s 14,232 (235 ) 1,474 (30 ) 15,706 (265 ) Corporate Securities 500 (- ) - (- ) 500 (- ) Municipal securities 6,967 (223 ) 262 (5 ) 7,229 (228 ) $ 25,191 $ (490 ) $ 5,227 $ (99 ) $ 30,418 $ (589 ) The amortized cost and estimated fair value of securities at December 31, 2017, may (Dollars In Thousands) Amortized Cost Fair Value Less than one year $ 245 $ 245 Over one through five years 2,963 2,942 Over five through ten years 15,725 15,811 Greater than 10 years 36,590 36,346 $ 55,523 $ 55,344 Proceeds from the sales, maturities and calls of secur ities available for sale in 2017 2016 $20.5 $14.4 $69 forty-five 2017, $257 fourteen 2017 $170 $101 $262 $5 $4.0 December 31, 2017 $6.2 December 31, 2016. December 31, 2017, $2.3 $112 $1.6

Note 3 - Loans Receivable

Note 3 - Loans Receivable	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. The major classifications of loans in the consolidated balance shee ts at December 31, 2017 2016 (Dollars In Thousands) December 31, 2017 2016 Construction: Residential $ 15,221 $ 10,204 Land a cquisition, development & commercial 35,601 27,480 Real Estate: Residential 121,649 111,626 Commercial 173,999 172,248 Commercial, industrial & agricultural 61,129 59,702 Equity lines 28,835 29,956 Consumer 7,693 7,668 Overdrafts 68 107 Total loans 444,195 418,991 Less allowance for loan losses (3,758 ) (3,636 ) Loans, net $ 440,437 $ 415,355 The past-due and nonaccrual status of loans as of December 31, 2017 (Dollars In Thousands) 30-59 Days Past-Due 60-89 Days Past-Due 90 Days or More Past-Due Total Past-Due Current Total Loans Nonaccrual Loans Construction: Residential $ – $ – $ – $ – $ 15,221 $ 15,221 $ – Land acquisition, development & commercial 43 – 274 317 35,284 35,601 274 Real Estate: Residential 589 870 546 2,005 119,644 121,649 173 Commercial 278 19 209 506 173,493 173,999 209 Commercial, industrial & agricultural 130 143 392 665 60,532 61,197 403 Equity lines 544 49 – 593 28,242 28,835 49 Consumer 17 2 36 55 7,638 7,693 36 Total $ 1,601 $ 1,083 $ 1,457 $ 4,141 $ 440,054 $ 444,195 $ 1,144 The past-due and nonaccrual status of loans as of December 31, 2016 (Dollars In Thousands) 30-59 Days Past-Due 60-89 Days Past-Due 90 Days or More Past-Due Total Past-Due Current Total Loans Nonaccrual Loans Construction: Residential $ − $ − $ − $ − $ 10,204 $ 10,204 $ − Land acquisition, development & commercial − − − − 27,480 27,480 − Real Estate: Residential 672 193 577 1,442 110,184 111,626 577 Commercial 115 − − 115 172,133 172,248 336 Commercial, industrial & agricultural 60 33 − 93 59,716 59,809 11 Equity lines 258 − − 258 29,698 29,956 − Consumer 8 6 4 18 7,650 7,668 − Total $ 1,113 $ 232 $ 581 $ 1,926 $ 417,065 $ 418,991 $ 924 There w as one $373 ninety December 31, 2017. two $4 ninety December 31, 2016. Impaired loans, which include TDRs of $ 4.1 December 31, 2017, With no related allowance: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ – $ − $ − Land acquisition, development & commercial 181 331 – 331 10 Real Estate: Residential 360 640 – 638 30 Commercial 4,098 4,273 – 4,166 161 Commercial, industrial & agricultural 379 379 – 379 15 Equity lines 299 299 – 300 14 Consumer − − – − − Total loans with no allowance $ 5,317 $ 5,922 $ – $ 5,814 $ 230 With an allowance recorded: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ − $ − $ − Land acquisition, development & commercial − − − − − Real Estate: Residential − − − − − Commercial − − − 54 − Commercial, industrial & agricultural − − − − − Equity lines − − − − − Consumer − − − − − Total loans with an allowance $ − $ − $ − $ 54 $ − Impaired l oans, which include TDRs of $6.4 December 31, 2016, With no related allowance: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ – $ − $ − Land acquisition, development & commercial − − – − − Real Estate: Residential 770 770 – 629 (11 ) Commercial 6,380 6,556 – 6,521 255 Commercial, industrial & agricultural 11 11 – 11 − Equity lines − − – − − Consumer − − – − − Total loans with no allowance $ 7,161 $ 7,337 $ – $ 7,161 $ 244 With an allowance recorded: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ − $ − $ − Land acquisition, development & commercial − − − − − Real Estate: Residential − − − − − Commercial 115 115 17 122 − Commercial, industrial & agricultural − − − − − Equity lines − − − − − Consumer − − − − − Total loans with an allowance $ 115 $ 115 $ 17 $ 122 $ − Troubled Debt Restructurings At December 31, 2017, four $4.1 million were classified as troubled debt restructurings (“TDRs”). Two of the four $3.9 not 2017. two one $219 2017. four December 31, 2017. At December 31, 2016, five $6.4 million were classified as troubled debt restructurings. Three of the five $6.2 not 2016. two one $231 2016. five December 31, 2016. There was no total TDRs at December 31, 2017 December 31, 2016. No s ended December 31, 2017 December 31, 2016. Management considers troubled debt restructurings and subsequent defaults in restructured loans in the determination of the adequacy of the Company ’s allowance for loan losses. When identified as a TDR, a loan is evaluated for potential loss based on the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s observable market price, or the estimated fair value of the collateral, less any selling costs if the loan is collateral dependent. Loans identified as TDRs frequently are on non-accrual status at the time of the restructuring and, in some cases, partial charge-offs may may may may may may

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following table p resents, as of December 31, 2017, December 31, 2017 Allowance for loan losses Loans Class of Loan (Dollars in Thousands) Beginning balance Charge- offs Recoveries Provisions Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Construction loans: Residential $ 63 $ − $ − $ 31 $ 94 $ − $ 94 $ 15,221 $ − $ 15,221 Land acquisition, development & commercial 173 (150 ) − 288 311 − 311 35,601 181 35,420 Real estate: Residential 866 (293 ) − 382 955 − 955 121,649 360 121,289 Commercial 1,516 (454 ) 43 498 1,603 − 1,603 173,999 4,098 169,901 Commercial, industrial & agricultural 461 (80 ) − 60 441 − 441 61,197 379 60,818 Equity lines 338 − − (101 ) 237 − 237 28,835 299 28,536 Consumer 97 (101 ) 15 97 108 − 108 7,693 − 7,693 Unallocated 122 − − (113 ) 9 − 9 − − − Total $ 3,636 $ (1,078 ) $ 58 $ 1,142 $ 3,758 $ − $ 3,758 $ 444,195 $ 5,317 $ 438,878 The following table p resents, as of December 31, 2016, December 31, 2016 Allowance for loan losses Loans Class of Loan (Dollars in Thousands) Beginning balance Charge- offs Recoveries Provisions Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Construction loans: Residential $ 83 $ − $ − $ (20 ) $ 63 $ − $ 63 $ 10,204 $ − $ 10,204 Land acquisition, development & commercial 187 (2 ) − (12 ) 173 − 173 27,480 − 27,480 Real estate: Residential 1,047 (4 ) 45 (222 ) 866 − 866 111,626 770 110,856 Commercial 1,001 (606 ) − 1,121 1,516 17 1,499 172,248 6,495 165,753 Commercial, industrial & agricultural 531 (34 ) − (36 ) 461 − 461 59,809 11 59,798 Equity lines 277 (99 ) 10 150 338 − 338 29,956 − 29,956 Consumer 85 (103 ) 49 66 97 − 97 7,668 − 7,668 Unallocated 87 − − 35 122 − 122 − − − Total $ 3,298 $ (848 ) $ 104 $ 1,082 $ 3,636 $ 17 $ 3,619 $ 418,991 $ 7,276 $ 411,715 Loans by credit quality indicators as of December 31, 2017 (Dollars in Thousands) Pass Special Mention Substandard Accruing Substandard Nonaccrual Doubtful Nonaccrual Total Construction loans: Residential $ 15,221 $ − $ − $ − $ − $ 15,221 Land acquisition, development & commercial 31,433 3,987 − 181 − 35,601 Real estate loans: Residential 120,575 342 559 − 173 121,649 Commercial 165,760 7,386 644 209 − 173,999 Commercial, industrial, agricultural 59,042 1,249 503 379 24 61,197 Equity lines 28,536 − 299 − − 28,835 Consumer 7,658 − − 35 − 7,693 Total Loans $ 428,225 $ 12,964 $ 2,005 $ 804 $ 197 $ 444,195 At December 31, 2017 , the Company does not Loans by credit quality in dicators as of December 31, 2016 (Dollars In Thousands) Pass Special Mention Substandard Accruing Substandard Nonaccrual Total Construction loans: Residential $ 10,204 $ − $ − $ − $ 10,204 Land acquisition, development & commercial 27,480 − − − 27,480 Real estate loans: Residential 110,856 − 193 577 111,626 Commercial 171,369 − 543 336 172,248 Commercial, industrial, agricultural 59,120 78 600 11 59,809 Equity lines 29,956 − − − 29,956 Consumer 7,668 − − − 7,668 Total Loans $ 416,653 $ 78 $ 1,336 $ 924 $ 418,991 At December 31, 2016, not

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. Changes in other real estate owned for 2017 (Dollars i n Thousands) Other Real Estate Owned Valuation Allowance Net Balance at the beginning of the year $ 4,619 $ (825 ) $ 3,794 Additions 1,024 — 1,024 Writedowns — (588 ) (588 ) Sales (1,597 ) 616 (981 ) Balance at the end of the year $ 4,046 $ (797 ) $ 3,249 Changes in other real estate owned for 2016 (Dollars i n Thousands) Other Real Estate Owned Valuation Allowance Net Balance at the beginning of the year $ 5,657 $ (420 ) $ 5,237 Additions 481 — 481 Writedowns — (405 ) (405 ) Sales (1,519 ) — (1,519 ) Balance at the end of the year $ 4,619 $ (825 ) $ 3,794 The major classifications of other real estate owned in the consolidated bal ance sheets at December 31, 2017 December 31, 2016 (Dollars i n Thousands) 2017 2016 Residential lots $ 1,745 $ 2,234 Residential development - 423 Residential real estate 1,024 - Commercial lots 90 90 Commercial buildings 390 1,047 Total Other Real Estate Owned $ 3,249 $ 3,794 Other real estate owned related expenses in the consolidated statements of income for the years ended Decembe r 31, 2017 December 31, 2016 (Dollars i n Thousands) 2017 2016 Net (gain)/loss on sales $ (7 ) $ 90 Provision for unrealized losses 588 405 Operating expenses 106 97 Total Other Real Estate Owned $ 687 $ 592

Note 6 - Property and Equipment

Note 6 - Property and Equipment	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 6. The major components of property an d equipment at December 31, 2017 2016 (Dollars i n Thousands) 2017 2016 Land $ 4,309 $ 4,309 Buildings and improvements 8,617 8,617 Leasehold improvements 2,154 2,156 Furniture and equipment 2,314 3,214 Software 296 556 Construction in process 4 10 Property and equipment, total 17,694 18,862 Less accumulated depreciation and amortization 4,757 5,491 Property and equipment, net $ 12,937 $ 13,371 Depreciation and amortization ex pense was $726 $754 December 31, 2017 2016, Leases The Company currently leases its main office under a non-cancelable lease agreement. The lease has a ten December 31, 2025. one ten January 1, 2017, not three July 31, 2016. one ten two five July 31, 2026. eight April 1, 2013 April 1, 2021. two five three HomeTown Residential Mortgage, LLC leases space in Roanoke and Christiansburg for its mortgage operations. Both leases are for a term of twelve 60 May 31 September 30. The current minimum annual lease payments under non-cancelable lease s in effect at December 31, 2017 (Dollars In Thousands) 2017 2018 $ 288 2019 274 2020 274 2021 268 2022 270 Thereafter 875 Total $ 2,249 Rent expense for t he years ended December 31, 2017 2016 $304 $307

Note 7 - Deposits

Note 7 - Deposits	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 7. The aggregate amount of time deposits in denominations of over $250,000 December 31, 2017 2016 $8.3 $9.8 At December 31, 2017, (Dollars In Thousands) 2017 2018 $ 76,524 2019 27,215 2020 14,492 2021 6,355 2022 and thereafter 6,878 Total $ 131,464 The Company obtains certain deposits through the efforts of third brokers. At December 31, 2017 2016, $33.1 $28.5 no 5% 2017.

Note 8 - Federal Home Loan Bank

Note 8 - Federal Home Loan Bank Borrowings	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Federal Home Loan Bank Advances, Disclosure [Text Block]	Note 8. The Company has outstanding debt with the Federal Home Loan Ban k of Atlanta in the amount of $11.0 $8.0 December 31, 2017 2016, December 31, 2017 five $11.0 At December 31, 2017 2016 , borrowings from the Federal Home Loan Bank of Atlanta were as follows: (Dollars In Thousands) Advance Date Maturity Date Conversion Date Current Rate 2017 2016 January 14, 2015 January 16, 2018 Quarterly 1.090% $ 4,000 $ 4,000 August 19, 2016 August 20, 2018 Quarterly 2.535% 4,000 4,000 January 3, 2017 January 3, 2020 N/A 1.500% 695 - February 3, 2017 February 3, 2020 N/A 1.490% 722 - May 3, 2017 May 4, 2010 N/A 1.580% 1,611 - $ 11,028 $ 8,000 The Company had collateral pledged on these borrowings at December 31, 2017, $21.4 $103 $967

Note 9 - Subordinated Notes

Note 9 - Subordinated Notes	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 9. On December 18, 2015, $7.5 December 30, 2025 6.75% December 30, 2020. June 30 December 30 March 30, June 30, September 30 December 30 (Dollars in Thousands) As of December 31, 201 7 Principal Unamortized Debt Issuance Costs Net Subordinated notes $ 7,500 $ 246 $ 7,254 (Dollars in Thousands) As of December 31, 2016 Principal Unamortized Debt Issuance Costs Net Subordinated notes $ 7,500 $ 276 $ 7,224 For the years ended December 31, 2017 2016, 7.41% 7.44%, The indebtedness evidenced by the notes, including principal and interest, is unsecured and subordinate and junior in right of the Company ’s payments to general and secured creditors and depositors of its wholly owned subsidiary, HomeTown Bank. The notes are redeemable, without penalty, on or after December 30, 2020 The notes limit the Company from declaring or paying any dividend, or making any distribution on capital stock or other equity securities of any kind of the Company if the Company is not

Note 10 - Other Borrowings

Note 10 - Other Borrowings	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Short-term Debt [Text Block]	Note 10. Other borrowings consist of the followi ng at December 31, 2017 2016: (Dollars In Thousands) 2017 2016 Securities sold under agreements to repurchase $ - $ 452 Warehouse line of credit 1,558 665 $ 1,558 $ 1,117 Weighted average interest rate at December 31 4.11 % 2.07 % Securities sold under agreements to repurchase are secured transactions with customers and generally mature the day following the day sold. Short-term borrowings may $5.0 credit was $1.6 2017 2.75%. $36.5 2017. $10.0 one one 11 not 20 December 31, 2017 2016, no

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 11. The Company uses a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company ’s market assumptions. The three two Level 1 Level 2 Level 3 one The following describes the valuation techniques used by the Company to measure certain financial assets and liabilities recorded at fair value on a recurring basis in the consolidated financial statements: Securities available for sale: Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1 not may 2 The following tables present the balances of financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 2016: (Dollars in Thousands) Car rying value at December 31, 2017 Description Balance as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government agency securities $ 13,435 $ – $ 13,435 $ – Mortgage-backed securities and CMO ’s 23,981 – 23,981 – Corporate securities 7,067 – 7,067 – Municipal securities 10,861 – 10,861 – (Dollars in Thousands) Car rying value at December 31, 2016 Description Balance as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government agency securities $ 12,444 $ – $ 12,444 $ – Mortgage-backed securities and CMO ’s 19,768 – 19,768 – Corporate securities 5,066 – 5,066 – Municipal securities 15,697 – 15,697 – Certain assets are measured at fair value on a nonrecurring basis in accordance with generally accepted accounting principles (GAAP). Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the consolidated financial statements: Impaired Loans: The Company does not not one not 2. not no 3. Loans held for sale: The carrying value of these loans approximates the fair value. These loans close in the name of the Bank’s consolidated joint venture subsidiary HomeTown Residential Mortgage, LLC, but are generally sold within a two Other Real Estate Owned (OREO) : The carrying amount of real estate owned by the Company resulting from foreclosures is estimated at the lesser of cost or the fair value of the real estate based on an observable market price or a current appraised value less selling costs. If carried at market price based on appraised value using observable market data, it is recorded as nonrecurring Level 2. not not no 3. The following table summarizes the Company ’s assets that were measured at fair value on a nonrecurring basis as of December 31, 2017 2016. (Dollars i n Thousands) Car rying value at December 31, 2017 Description Balance as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Loans held for sale $ 1,587 $ – $ 1,587 $ – Other real estate owned 3,249 – – 3,249 (Dollars i n Thousands) Carrying value at Decem ber 31, 2016 Description Balance as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans, net of valuation allowance $ 98 $ – $ – $ 98 Loans held for sale 678 – 678 – Other real estate owned 3,794 – – 3,794 At December 31, 2017 and December 31, 2016, not The following table displays quantitative information about Level 3 asurements for December 31, 2017: (Dollars i n Thousands) Quantitative information about Level 3 Fair Value Me asurements for December 31, 2017 Assets Fair Value Valuation Technique(s) Unobservable input Range (Weighted Average) Other real estate owned $ 2,254 Discounted appraised value Selling cost 6 % - 10 % (8% ) Discount for lack of marketability and age of appraisal 0 % - 43 % (7% ) $ 995 Internal evaluations Internal evaluations 19 % - 19 % (19% ) The following table displays quantitative information about Level 3 asurements for December 31, 2016: (Dollars i n Thousands) Quantitative information about Level 3 Fair Value Me asurements for December 31, 2016 Assets Fair Value Valuation Technique(s) Unobservable input Range (Weighted Average) Impaired loans $ 98 Discounted appraised value Residual cash flows discount rate 6 % - 6 % (6% ) Other real estate owned $ 1,560 Discounted appraised value Selling cost 6 % - 6 % (6% ) Discount for lack of marketability and age of appraisal 4 % - 12 % (10% ) $ 2,234 Internal evaluations Internal evaluations 4 % - 54 % (24% ) The following methods and assumptions were used by the Company in estimating its fair value disclosures for financial instruments: Cash and due from banks: The carrying amounts reported in the consolidated balance sheet for cash on hand and amounts due from correspondent banks approximate their fair values. The fair values for certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates of deposit to a schedule of contractual maturities on such time deposits. Federal funds sold: Federal funds sold consist of overnight loans to other financial institutions and mature within one three Securities available for sale: Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1 not may 2 Restricted equity securities: For these restricted equity securities, the carrying amount is a reasonable estimate of fair value based on the redemption provisions of the related securities. Loans held for sale: The carrying value of these loans approximates the fair value. These loans close in the name of the bank ’s joint venture subsidiary HomeTown Residential Mortgage, LLC, but are generally sold within a two Loans receivable: For variable-rate loans that reprice frequently and with no Bank owned life insurance: The cash values of these policies are estimates using information provided by insurance carriers. The policies are carried at their cash surrender value, which approximates fair value. Deposit liabilities: The fair values disclosed for demand and savings deposits are, by definition, equal to the amount payable on demand at the reporting date. The fair values for certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates of deposit to a schedule of contractual maturities on such time deposits. Short-term borrowings: The carrying amounts of federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings maturing within 30 FHLB borrowings: The fair values for FHLB borrowings are estimated using a discounted cash flow calculation that applies interest rates currently being offered on FHLB borrowings to the contractual maturities on such FHLB borrowings. Subordinated notes: The fair values is measured utilizing independent valuation techniques of identical or similar securities for which significant assumptions are derived primarily from or corroborated by observable market data. Third party vendors compile prices from various sources and may 2 Accrued interest: The carrying amount of accrued interest receivable and payable approximates fair value. Off-balance sheet financial instruments: The fair values of commitments to extend credit and standby letters of credit are estimated using the fees currently charged to enter into similar agreements. At December 31, 201 7 2016, The carrying amounts and approximate fair values of the Company's financial instruments are as follows at December 31, 2017: (Dollars i n Thousands) Fair value at December 31, 2017 Description Carrying value as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Approximate Fair Values Financial assets Cash and due from banks $ 21,714 $ 21,714 $ – $ – $ 21,714 Federal funds sold 180 180 – – 180 Securities available for sale 55,344 – 55,344 – 55,344 Restricted equity securities 2,371 – 2,371 – 2,371 Loans held for sale 1,587 – 1,587 – 1,587 Loans, net 440,437 – – 438,449 438,449 Bank owned life insurance 8,669 – 8,669 – 8,669 Accrued income 2,681 – 2,681 – 2,681 Financial liabilities Total deposits 477,320 – 477,599 – 477,599 FHLB borrowings 11,028 – 11,150 – 11,150 Subordinated notes 7,254 – 7,890 – 7,890 Other borrowings 1,558 – 1,558 – 1,558 Accrued interest payable 368 – 368 – 368 The carrying amounts and approximate fair values of the Company's financial instruments are as follows at December 31, 2016: (Dollars In Thousands) Fair value at December 31, 2016 Description Carrying value as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Approximate Fair Values Financial assets Cash and due from banks $ 18,229 $ 17,479 $ 760 $ – $ 18,239 Federal funds sold 42 42 – – 42 Securities available for sale 52,975 – 52,975 – 52,975 Restricted equity securities 2,213 – 2,213 – 2,213 Loans held for sale 678 – 678 – 678 Loans, net 415,355 – – 415,039 415,039 Bank owned life insurance 7,469 – 7,469 – 7,469 Accrued income 2,289 – 2,289 – 2,289 Financial liabilities Total deposits 450,848 – 451,385 – 451,385 FHLB borrowings 8,000 – 8,031 – 8,031 Subordinated notes 7,224 – 8,012 – 8,012 Other borrowings 1,117 – 1,117 – 1,117 Accrued interest payable 386 – 386 – 386

Note 12 - Earnings Per Common S

Note 12 - Earnings Per Common Share	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 12. The following tables show the weighted average number of shares used in computing earnings per common share and the effect on weighted average number of shares of diluted potential common stock. Potential dilutive common stock had no s ended December 31, 2017 2016, 2016. For the Years Ended December 31, 2017 2016 Dollars in Thousands, except share and per share data Weighted Average Common Shares Outstanding Net Income Available to Common Shareholders Per Share Amount Weighted Average Common Shares Outstanding Net Income Available to Common Shareholders Per Share Amount Earnings per common share, basic 5,769,752 $ 2,496 $ 0.43 4,652,853 $ 2,111 $ 0.45 Effect of dilutive securities: Convertible preferred stock − − − 1,112,970 − (0.08 ) Dilutive stock options 34,630 − − 10,469 − − Earnings per common share, diluted 5,804,382 $ 2,496 $ 0.43 5,776,292 $ 2,111 $ 0.37 At December 31, 2017 2016 , the number of stock options considered antidilutive and excluded from the calculation of diluted weighted average shares was 38,500 190,531,

Note 13 - Stock Based Compensat

Note 13 - Stock Based Compensation	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 13. The Company recorded stock ba sed compensation expense of $148 $147 December 31, 2017 2016, The 2005 2016, no ssuance. Under the fair value recognition provisions of relevant accounting guidance, stock-based compensation cost was measured at the grant date based on the fair value of the award and was and continues to be recognized as expense on a straight-line basis over the requisite service period, which is the vesting period. The Company used the Black-Scholes option pricing model to determine the fair value of stock options. The fair value of the stock based payment awards was affected by the price of the Company's stock and a number of financial assumptions and variables. These variables included the risk-free interest rate, expected dividend rate, expected stock price volatility and the expected life of the options. No 2017 2016. $71 2017 $75 2016. December 31, 2017, $140 two not 4% July 11, 2016 A summary of option activity under the 2005 December 31 , 2017 Options Outstanding Weighted Average Exercise Price Aggregate Intrinsic Value(1) Weighted Average Contractual Term (years) Balance at December 31, 2016 201,000 $ 7.80 Granted – – Exercised (4,500 ) 6.90 Expired (9,500 ) 8.69 Forfeited – – Balance at December 31, 2017 187,000 $ 7.78 $ 641,131 5.62 Exercisable at December 31, 2017 125,800 $ 8.21 $ 379,568 4.96 ( 1 eir options on December 31, 2017. In 2009, 137,280 shares, restated for the 4% July 11, 2016, five $77 2017 $72 2016. 2017 $10.24 $9.09* 2016. 13,258 11,149* 2017 2016, As of December 31, 2017 , there was $216 2022. 2017 2016 Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Nonvested at beginning of year 31,546 $ 7.03 39,352 * $ 6.00 * Granted 13,258 10.24 11,149 * 9.09 * Vested (11,920 ) 6.18 (12,167 ) * 5.63 * Forfeited (797 ) 8.37 (6,788 ) * 6.99 * Nonvested at the end of the period 32,087 $ 8.63 31,546 * $ 7.03 * * Restated for the 4% July 11, 2016.

Note 14 - Salary Continuation P

Note 14 - Salary Continuation Plan	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Salary Continuation Plan [Text Block]	Note 14. The Company has a Salary Continuation Plan for certain key officers. The plan provides the participating officers with supplemental retirement income. The Supplemental Executive Retirement Plan (the “SERP”) provides lifetime payments equal to 20% ’s average annual base salary for the five 20% five 2016, $1.0 $666 2017 2016, $357 2017 $351 2016.

Note 15 - Employee Benefit Plan

Note 15 - Employee Benefit Plan	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note 15. The Company adopted a profit sharing plan pursuant to Section 401 may 100% ’s deferral up to 3% 50% 3% may $263 $240 December 31, 2017 2016,

Note 16 - Income Taxes

Note 16 - Income Taxes	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 16. The Company files income tax returns in the U.S. federal jurisdiction and the Commonwealth of Virginia. With few exceptions, the Company is no 201 4. The current and deferred components of income tax expense for the periods ended December 31, 201 7 2016 (Dollars In Thousands) 201 7 201 6 Current $ 1,351 $ 1,496 Deferred (123 ) (56 ) Income tax expense $ 1,228 $ 1,440 Income tax expense for 2017 $100 H.R.1 December 22, 2017. 34% 21% January 1, 2018 Rate Reconciliation Total income tax expense differed from the “expected” amount computed by applying the U.S. Federal income tax rate of 34 (Dollars In Thousands) 2017 2016 Tax at statutory federal rate $ 1,291 $ 1,367 Tax-exempt interest income (116 ) (201 ) Cash surrender value of life insurance (68 ) (63 ) Incentive stock options 24 261 Tax impact from enacted change in tax rate 100 – Other (3 ) 76 Income tax expense $ 1,228 $ 1,440 Deferred Income Tax Analysis The significant components of net deferred taxes at December 31, 201 7 2016 (Dollars In Thousands) 201 7 201 6 Deferred tax assets Pre-opening expenses $ 28 $ 62 Allowance for loan losses 528 693 Deferred compensation 215 226 Other real estate expenses 187 280 Unrealized loss on securities available for sale 38 29 Nonaccrual loan interest 9 17 Other 17 21 Deferred tax asset 1,022 1,328 Deferred tax liabilities Property and equipment 230 305 Deferred loan fees 613 980 Other 17 13 Deferred tax liability 860 1,298 Net deferred tax asset $ 162 $ 30

Note 17 - Commitments and Conti

Note 17 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 17. Litigation In the normal course of business, the Company becomes involved in litigation arising from the banking, financial and other activities it conducts. Management, after consultation with legal counsel, does not ’s financial condition, operating results or liquidity. Credit Related Financial Instruments The Company is party to credit related financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, credit risk in excess of the amount recognized in the consolidated balance sheet. The Company ’s exposure to credit loss, in the event of nonperformance by the other party to the financial instrument, for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. A summary of the Company ’s commitments at December 31, 2017 2016 (Dollars In Thousands) 201 7 201 6 Commitments to extend credit $ 109,285 $ 102,277 Standby letters of credit 6,711 4,255 Commitments to extend credit are agreements to lend to a customer as long as there is no may not ’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. Collateral held varies, but may Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third The Company is required to maintain certain required reserve balances with the Federal Re serve Bank. At December 31, 2017 2016, $9.6 $6.6 The Company from time to time may DIC insured amounts totaled $5.9 $7.2 December 31, 2017 2016, Purchase Obligation O n November 1, 2015, three July 1, 2016. three fourth fifth $55.0 $57.5 2017 2016, $65.0 2018 $32.5 first 2019

Note 18 - Regulatory Restrictio

Note 18 - Regulatory Restrictions	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 18. Dividends The Company, as a Virginia banking corporation, may may cember 31, 2017, $3.8 No 2017 2016. 2016 20 Capital Requirements Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgements by regulators. Failure to meet capital requirements can initiate regulatory action. The final rules implementing Basel Committee on Banking Supervision ’s capital guidelines for U.S. banks (Basel III rules) became effective for the Company on January 1, 2015 January 1, 2019. 1 not Prompt corrective action regulations provide five not s are required. At year end 2017 2016, no The Company meets eligibility criteria of a small bank holding company in accordance with the Federal Reserve Board ’s Small Bank Holding Company Policy statement issued in February 2015, no July 2013, The new rules introduced the requirement of a new 2.5% January 1, 2016, January 1, 2019. ffer), effective January 1, 2017 2016, 1 1 5.75% 5.125% 2 1 7.25% 6.625% 3 9.25% 8.625% 4 4% Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total, Tier I common equity, and Tier I capital to risk-weighted assets, and of Tier I capital to average assets, as all those terms are defined in the applicable regu lations. As of December 31, 2017, The Bank ’s actual capital amounts and ratios are also presented in the following tables: HomeTown Bank December 31, 2017 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions (in thousands except for percentages) Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk-Weighted Assets) $ 61,257 12.48 % $ 45,403 9.25 % $ 49,084 10.00 % Tier I Common Equity (to Risk-Weighted Assets) 57,474 11.71 % 28,222 5.75 % 31,903 6.50 % Tier I Capital (to Risk-Weighted Assets) 57,499 11.72 % 35,569 7.25 % 39,248 8.00 % Tier I Capital (to Average Assets) 57,499 10.39 % 22,136 4.00 % 27,670 5.00 % HomeTown Bank December 31, 2016 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions (in thousands except for percentages) Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk-Weighted Assets) % $ 58,436 12.59 % $ 40,045 8.625 % $ 46,429 10.00 % Tier I Common Equity (to Risk-Weighted Assets) 54,783 11.80 % 23,795 5.125 % 30,179 6.50 % Tier I Capital (to Risk-Weighted Assets) 54,800 11.80 % 30,759 6.625 % 37,143 8.00 % Tier I Capital (to Average Assets) 54,800 10.67 % 20,537 4.00 % 25,671 5.00 %

Note 19 - Transactions With Rel

Note 19 - Transactions With Related Parties	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 19. The Company has entered into transactions with its directors, significant shareholders and their affiliates (related parties). Such transactions were made in the ordinary course of business on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and did not, Aggregate loan transactions with related parties were as follows: (Dollars In Thousands) 2017 2016 Balance, beginning $ 8,194 $ 7,124 New loans 392 5,261 Repayments (4,637 ) (4,191 ) Balance, ending $ 3,949 $ 8,194 Repayments of loans to related parties include $575 2016. Aggregate deposit balances with related parties at Dec ember 31, 2017 2016 $12.5 $16.7

Note 20 - Capital Transactions

Note 20 - Capital Transactions	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	Note 20. The Board of Directors declared a 4% May 10, 2016 June 9, 2016. July 11, 2016. 134,177. On June 28, 2013, $14,000,000 April 17, 2013 14,000 6.0% $1,000 six 6.0% $6.25 pany paid $408 2016. 2015, 400 64,000 13,600 2,176,000 June 29, 2016. 4% May 10, 2016 87,037

Note 21 - Reclassifications Out

Note 21 - Reclassifications Out of Other Comprehensive Income	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 21. Reclassifications Out of Other Comprehensive Income Items not he years ended December 31, 2017 2016 Details about Other Comprehensive Components Amounts Reclassified from Other Comprehensive Income for the Years Ended December 31, Affected Line Item in the Statement Where Net Income is Presented (Dollars In Thousands) 2017 2016 Available for sale securities Realized gains on sales of securities held for sale during the period $ 69 $ 257 Gains on sales of investment securities Tax expense related to realized gains on securities sold 24 87 Income tax expense $ 45 $ 170 Net income

Note 22 - Condensed Parent Comp

Note 22 - Condensed Parent Company Financial Information	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 22. Financial information pertaining only to HomeTown Bankshares Corporation follows. CONDENSED BALANCE SHEETS Dollars In Thousands December 31, 201 7 December 31, 201 6 Assets Cash and due from banks $ 313 $ 298 Investment in bank subsidiary 57,333 54,727 Other assets 3 — Total assets $ 57,649 $ 55,025 Liabilities and Stockholders ’ Equity Other liabilities $ 12 $ 12 Subordinated notes 7,254 7,224 Total liabilities 7,266 7,236 Stockholders ’ equity: Total stockholders ’ equity 50,383 47,789 Total liabilities and stockholders ’ equity $ 57,649 $ 55,025 CONDENSED STATEMENTS OF INCOME Dollars In Thousands For the year ended December 31, 201 7 For the year ended December 31, 201 6 Dividend from Bank subsidiary $ 511 $ — Income 511 — Interest expense 537 536 Other expenses 272 302 Expenses 809 838 Net loss before income taxes (298 ) (838 ) Income tax benefit 275 278 Net loss before equity in undistributed net income of subsidiary (23 ) (560 ) Undistributed net income of subsidiary 2,519 3,079 Net Income $ 2,496 $ 2,519 CONDENSED STATEMENTS OF CASH FLOWS Dollars In Thousands For the year ended December 31, 201 7 For the year ended December 31, 201 6 Cash flows from operating activities: Net income $ 2,496 $ 2,519 Equity in undistributed net income of subsidiary bank (2,519 ) (3,079 ) Amortization expense on subordinated notes 30 30 (Increase) decrease in other assets (3 ) 7 Decrease in interest payable — (18 ) Decrease in other liabilities — (295 Net cash flows provided by (used in) operating activities 4 (836 ) Cash flows from financing activities: Preferred dividend payment — (408 ) Exercise of stock options 31 — Net settlement of vested restricted stock (20 ) (29 ) Cash in lieu of fractional shares — (5 ) Net cash flows provided by (used in) financing activities 11 (442 ) Net increase (decrease) in cash and cash equivalents 15 (1,278 ) Cash and cash equivalents, beginning 298 1,576 Cash and cash equivalents, ending $ 313 $ 298 Supplemental disclosure of cash flow information: Cash payments for interest $ 506 $ 554

Note 23 - Subsequent Events

Note 23 - Subsequent Events	12 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Subsequent Events [Text Block]	Note 23. On March 19, 2018, December 31, 2017 no

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of HomeTown Bankshares Corporation and its wholly-owned subsidiary HomeTown Bank. All significant intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of other real estate owned, and the valuation of deferred tax assets. Substantially all of the Company’s loan portfolio consists of loans in its market area. Accordingly, the ultimate collectability of a substantial portion of the Company’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate (as applicable) is susceptible to changes in local market conditions.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents include cash on hand and amounts due from correspondent banks. For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents are defined as those amounts included in the consolidated balance sheet caption “cash and due from banks.”
Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]	Securities Investments in debt and equity securities with readily determinable fair values are classified as either held to maturity, available for sale, or trading, based on management ’s intent. Currently, all of the Company’s investment securities are classified as available for sale. Available for sale securities are carried at estimated fair value with the corresponding unrealized gains and losses excluded from earnings and reported in other comprehensive income. Gains or losses are recognized in earnings on the trade date using the amortized cost of the specific security sold. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either (i) the Company intends to sell the security or (ii) it is more likely than not not not no no ’s intention with regard to holding the security to maturity and the likelihood that the Company would be required to sell the security before recovery.
Restricted Equity Securities [Policy Text Block]	Restricted Equity Securities As members of the Federal Reserve Bank (FRB) and the Federal Ho me Loan Bank (FHLB), the Bank is required to maintain certain minimum investments in the capital stock of the FRB and FHLB. The Company’s investment in these securities is recorded at cost, based on the redemption provisions of the FRB and FHLB.
Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]	Loans Held for Sale Secondary market mortgage loans are designated as held for sale at the time of their origination. These loans are pre-sold with servicing released and the Company does not
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their outstanding principal amount adjusted for any charge-offs, allowance for loan losses and deferred fees or costs on originated loans. Loan origination fees and certain direct origination costs are capitalized and recognized as an adjustment of the yield of the related loan. Interest is accrued and credited to income based on the principal amount outstanding. The accrual of interest on impaired loans for all classes is discontinued when, in management ’s opinion, the borrower may ● Residential real estate construction loans carry risks that the home will not not may may ● Land acquisition and development loans and commercial construction loans carry risks that the project will not not may may ● Residential real estate loans carry risks associated with the continued creditworthiness of the borrower and changes in the value of the collateral. ● Commercial real estate loans carry risks associated with the successful operation of a business or a real estate project, in addition to other risks associated with the ownership of real estate, because the repayment of these loans may ● Commercial, industrial and agricultural loans carry risks associated with the successful operation of a business. Typically repayment is dependent on the cash flow of the business, and is secured by business assets, such as accounts receivable, equipment, and inventory. There is risk associated with the value of the collateral which may ● Equity lines of credit carry risks associated with the continued creditworthiness of the borrower and changes in the value of the collateral. ● Consumer loans carry risks associated with the continued creditworthiness of the borrower and the value of the collateral (e.g., rapidly depreciating assets such as automobiles), or lack thereof. Consumer loans are more likely than real estate loans to be immediately adversely affected by job loss, divorce, illness or personal bankruptcy. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not ’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral, less cost to sell, if the loan is collateral dependent. TDRs (Troubled Debt Restructurings) occur when the Company agrees to significantly modify the original terms of a loan due to the deterioration in the financial condition of the borrower. TDRs are considered impaired loans. Upon designation as a TDR, the Company evaluates the borrower ’s payment history, past-due status and ability to make payments based on the revised terms of the loan. If a loan was accruing prior to being modified as a TDR and if the Company concludes that the borrower is able to make such payments, and there are no may six
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Consumer loans are charged off when they become 120 180 Borrowers that are in bankruptcy are charged off unless the debt has been reaffirmed and is well secured and recovery is probable. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are classified as impaired, and is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. For collateral dependent loans, an updated appraisal will be ordered if a current one not third may not ● Pass rated loans are to persons or business entities with an acceptable financial condition, appropriate collateral margins, appropriate cash flow to service the existing loan, and an appropriate leverage ratio. The borrower has paid all obligations as agreed and it is expected that this type of payment history will continue. When necessary, acceptable personal guarantors support the loan. ● Special mention loans have a specific defined weakness in the borrower ’s operations and the borrower’s ability to generate positive cash flow on a sustained basis. The borrower’s recent payment history may ● Substandard loans are considered to have specific and well-defined weaknesses that jeopardize the viability of the Company ’s credit extension. The payment history for the loan may may may not not not ● Substandard nonaccrual loans have the same characteristics as substandard loans; however, they have a non-accrual classification and are considered impaired. ● Doubtful rated loans have all the weaknesses inherent in a loan that is classified substandard but with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The possibility of loss is extremely high. ● Loss rated loans are not no
Loans and Leases Receivable, Origination Fees, Discounts or Premiums, and Direct Costs to Acquire Loans Policy [Policy Text Block]	Loan Fees and Costs Loan origination and commitment fees and certain direct loan origination costs charged by the Bank are deferred and the net amount amortized as an adjustment of the related loan ’s yield. The Bank is amortizing these net amounts over the contractual life of the related loans or, in the case of demand loans, over the estimated life. Net fees related to standby letters of credit are recognized over the commitment period.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Land is carried at cost. Buildings, equipment, and leasehold improvements are carried at cost, less accumulated depreciation and amortization. Depreciation is provided over the estimated useful lives of the respective assets on the straight-line basis. Estimated useful lives range from ten forty three ten
Finance, Loan and Lease Receivables, Held for Investments, Foreclosed Assets Policy [Policy Text Block]	Other Real Estate Owned Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value less anticipated cost to sell at the date of foreclosure establishing a new cost basis. After foreclosure, valuations are periodically performed by management, and the real estate is carried at the lower of carrying amount or fair value less cost to sell. Changes in the valuation allowance are included in the income statement in the line “Losses on sales and writedowns of other real estate owned, net.”
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance The Company purchased seven
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not
Advertising Costs, Policy [Policy Text Block]	Advertising Expense The Company expenses advertising and marketing costs as they are incurred.
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income tax assets and liabilities are determined using the liability method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax basis of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the consolidated financial statements in the period during which, based on all available evidence, management believes it is more likely than not not not 50 in the consolidated statement of income. There are no December 31, 2017 2016.
Earnings Per Share, Policy [Policy Text Block]	Earnings per Common Share Basic earnings per common share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits and dividends. Nonvested restricted shares are included in basic earnings per share because of dividend participation rights. Diluted earnings per common share is similar to the computation of basic earnings per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued. The numerator is adjusted for any changes in income or loss that would result from the assumed conversion of those potential common shares. Potential common shares that may June 29, 2016. $6.25
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income reflects the change in the Company’s equity during the year arising from transactions and events other than investment by and distributions to stockholders. It consists of net income plus certain other changes in assets and liabilities that are reported as separate components of stockholders’ equity rather than as income or expense. These changes for the Company relate solely to unrealized gains and losses on securities available for sale. In February 2018, the FASB issued ASU 2018 02, 2018 02 2017 $24
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no ’s various financial instruments. In cases where quoted market prices are not may not The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not may
Fair Value of Financial Instruments, Policy [Policy Text Block]	Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under lines of credit arrangements, commercial letters of credit and standby letters of credit. Such financial instruments are recorded when they are funded.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation Plan The 2005 April 20, 2006, 550,000 plan expired in 2016. not ten The Company accounts for the stock option plan in accordance with applicable accounting guidance. Under the fair value recognition provisions of this guidance, stock-based compensation cost was measured at the grant date based on the fair value of the award and is recognized as expense on a straight-line basis over the requisite service period, which is the vesting period. In 2009, 137,280 4% 2016 five ’s common stock on the date the restricted shares are awarded.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In January 2016, 2016 01, – Overall (Subtopic 825 10 2016 01, 1 2 3 4 December 15, 2017, 2016 01 In February 2016, No. 2016 02, 842 2016 02, 1 ‘s obligation to make lease payments arising from a lease, measured on a discounted basis; and ( 2 606, December 15, 2018, not may not not 2016 02 In March 2016, No. 2016 07, 323 ’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no December 15, 2016. 2016 07 not In June 2016, No. 2016 13, 326 December 15, 2019. not December 15, 2020. 2 nd 2018 4 th 2018. In August 2016, No. 2016 15, 230 December 15, 2017, not 2016 15 In January 2017, No. 2017 01, 805 805, three not not not not 1 2 December 15, 2017, No not 2017 01 During March 2017, 2017 ‐ 08, 310‐ 20 December 15, 2018, 2017‐ 08 During May 2017, 2017 ‐ 09, 718 718. December 15, 2017. not 2017‐ 09 During August 2017, 2017 12, 815 December 15, 2018. 2017 12

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	(Dollars In Thousands) December 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Government agency securities $ 13,475 $ 61 $ (101 ) $ 13,435 Mortgage-backed securities and CMO ’s 24,344 12 (375 ) 23,981 Corporate securities 6,991 118 (42 ) 7,067 Municipal securities 10,713 213 (65 ) 10,861 $ 55,523 $ 404 $ (583 ) $ 55,344 (Dollars In Thousands) December 31, 2016 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value U.S. Government agency securities $ 12,422 $ 118 $ (96 ) $ 12,444 Mortgage-backed securities and CMO ’s 19,979 54 (265 ) 19,768 Corporate securities 5,000 66 - 5,066 Municipal securities 15,659 266 (228 ) 15,697 $ 53,060 $ 504 $ (589 ) $ 52,975
Schedule of Unrealized Loss on Investments [Table Text Block]	December 31, 2017 Less than 12 months 12 months or more Total (Dollars In Thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agency securities $ 6,859 $ (44 ) $ 2,995 $ (57 ) $ 9,854 $ (101 ) Mortgage-backed securities and CMO ’s 15,624 (192 ) 7,386 (183 ) 23,010 (375 ) Corporate securities 1,438 (42 ) - - 1,438 (42 ) Municipal securities 453 (3 ) 2,332 (62 ) 2,785 (65 ) $ 24,374 $ (281 ) $ 12,713 $ (302 ) $ 37,087 $ (583 ) December 31, 2016 Less than 12 months 12 months or more Total (Dollars In Thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. Government agency securities $ 3,492 $ (32 ) $ 3,491 $ (64 ) $ 6,983 $ (96 ) Mortgage-backed securities and CMO ’s 14,232 (235 ) 1,474 (30 ) 15,706 (265 ) Corporate Securities 500 (- ) - (- ) 500 (- ) Municipal securities 6,967 (223 ) 262 (5 ) 7,229 (228 ) $ 25,191 $ (490 ) $ 5,227 $ (99 ) $ 30,418 $ (589 )
Investments Classified by Contractual Maturity Date [Table Text Block]	(Dollars In Thousands) Amortized Cost Fair Value Less than one year $ 245 $ 245 Over one through five years 2,963 2,942 Over five through ten years 15,725 15,811 Greater than 10 years 36,590 36,346 $ 55,523 $ 55,344

Note 3 - Loans Receivable (Tabl

Note 3 - Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(Dollars In Thousands) December 31, 2017 2016 Construction: Residential $ 15,221 $ 10,204 Land a cquisition, development & commercial 35,601 27,480 Real Estate: Residential 121,649 111,626 Commercial 173,999 172,248 Commercial, industrial & agricultural 61,129 59,702 Equity lines 28,835 29,956 Consumer 7,693 7,668 Overdrafts 68 107 Total loans 444,195 418,991 Less allowance for loan losses (3,758 ) (3,636 ) Loans, net $ 440,437 $ 415,355
Past Due Financing Receivables [Table Text Block]	(Dollars In Thousands) 30-59 Days Past-Due 60-89 Days Past-Due 90 Days or More Past-Due Total Past-Due Current Total Loans Nonaccrual Loans Construction: Residential $ – $ – $ – $ – $ 15,221 $ 15,221 $ – Land acquisition, development & commercial 43 – 274 317 35,284 35,601 274 Real Estate: Residential 589 870 546 2,005 119,644 121,649 173 Commercial 278 19 209 506 173,493 173,999 209 Commercial, industrial & agricultural 130 143 392 665 60,532 61,197 403 Equity lines 544 49 – 593 28,242 28,835 49 Consumer 17 2 36 55 7,638 7,693 36 Total $ 1,601 $ 1,083 $ 1,457 $ 4,141 $ 440,054 $ 444,195 $ 1,144 (Dollars In Thousands) 30-59 Days Past-Due 60-89 Days Past-Due 90 Days or More Past-Due Total Past-Due Current Total Loans Nonaccrual Loans Construction: Residential $ − $ − $ − $ − $ 10,204 $ 10,204 $ − Land acquisition, development & commercial − − − − 27,480 27,480 − Real Estate: Residential 672 193 577 1,442 110,184 111,626 577 Commercial 115 − − 115 172,133 172,248 336 Commercial, industrial & agricultural 60 33 − 93 59,716 59,809 11 Equity lines 258 − − 258 29,698 29,956 − Consumer 8 6 4 18 7,650 7,668 − Total $ 1,113 $ 232 $ 581 $ 1,926 $ 417,065 $ 418,991 $ 924
Impaired Financing Receivables [Table Text Block]	With no related allowance: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ – $ − $ − Land acquisition, development & commercial 181 331 – 331 10 Real Estate: Residential 360 640 – 638 30 Commercial 4,098 4,273 – 4,166 161 Commercial, industrial & agricultural 379 379 – 379 15 Equity lines 299 299 – 300 14 Consumer − − – − − Total loans with no allowance $ 5,317 $ 5,922 $ – $ 5,814 $ 230 With an allowance recorded: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ − $ − $ − Land acquisition, development & commercial − − − − − Real Estate: Residential − − − − − Commercial − − − 54 − Commercial, industrial & agricultural − − − − − Equity lines − − − − − Consumer − − − − − Total loans with an allowance $ − $ − $ − $ 54 $ − With no related allowance: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ – $ − $ − Land acquisition, development & commercial − − – − − Real Estate: Residential 770 770 – 629 (11 ) Commercial 6,380 6,556 – 6,521 255 Commercial, industrial & agricultural 11 11 – 11 − Equity lines − − – − − Consumer − − – − − Total loans with no allowance $ 7,161 $ 7,337 $ – $ 7,161 $ 244 With an allowance recorded: (Dollars In Thousands) Recorded Investment in Loans Unpaid Principal Balance Related Allowance Average Balance Total Loans Interest Income Recognized Construction: Residential $ − $ − $ − $ − $ − Land acquisition, development & commercial − − − − − Real Estate: Residential − − − − − Commercial 115 115 17 122 − Commercial, industrial & agricultural − − − − − Equity lines − − − − − Consumer − − − − − Total loans with an allowance $ 115 $ 115 $ 17 $ 122 $ −

Note 4 - Allowance for Loan L35

Note 4 - Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	December 31, 2017 Allowance for loan losses Loans Class of Loan (Dollars in Thousands) Beginning balance Charge- offs Recoveries Provisions Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Construction loans: Residential $ 63 $ − $ − $ 31 $ 94 $ − $ 94 $ 15,221 $ − $ 15,221 Land acquisition, development & commercial 173 (150 ) − 288 311 − 311 35,601 181 35,420 Real estate: Residential 866 (293 ) − 382 955 − 955 121,649 360 121,289 Commercial 1,516 (454 ) 43 498 1,603 − 1,603 173,999 4,098 169,901 Commercial, industrial & agricultural 461 (80 ) − 60 441 − 441 61,197 379 60,818 Equity lines 338 − − (101 ) 237 − 237 28,835 299 28,536 Consumer 97 (101 ) 15 97 108 − 108 7,693 − 7,693 Unallocated 122 − − (113 ) 9 − 9 − − − Total $ 3,636 $ (1,078 ) $ 58 $ 1,142 $ 3,758 $ − $ 3,758 $ 444,195 $ 5,317 $ 438,878 December 31, 2016 Allowance for loan losses Loans Class of Loan (Dollars in Thousands) Beginning balance Charge- offs Recoveries Provisions Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Ending balance Ending balance: individually evaluated for impairment Ending balance: collectively evaluated for impairment Construction loans: Residential $ 83 $ − $ − $ (20 ) $ 63 $ − $ 63 $ 10,204 $ − $ 10,204 Land acquisition, development & commercial 187 (2 ) − (12 ) 173 − 173 27,480 − 27,480 Real estate: Residential 1,047 (4 ) 45 (222 ) 866 − 866 111,626 770 110,856 Commercial 1,001 (606 ) − 1,121 1,516 17 1,499 172,248 6,495 165,753 Commercial, industrial & agricultural 531 (34 ) − (36 ) 461 − 461 59,809 11 59,798 Equity lines 277 (99 ) 10 150 338 − 338 29,956 − 29,956 Consumer 85 (103 ) 49 66 97 − 97 7,668 − 7,668 Unallocated 87 − − 35 122 − 122 − − − Total $ 3,298 $ (848 ) $ 104 $ 1,082 $ 3,636 $ 17 $ 3,619 $ 418,991 $ 7,276 $ 411,715
Financing Receivable Credit Quality Indicators [Table Text Block]	(Dollars in Thousands) Pass Special Mention Substandard Accruing Substandard Nonaccrual Doubtful Nonaccrual Total Construction loans: Residential $ 15,221 $ − $ − $ − $ − $ 15,221 Land acquisition, development & commercial 31,433 3,987 − 181 − 35,601 Real estate loans: Residential 120,575 342 559 − 173 121,649 Commercial 165,760 7,386 644 209 − 173,999 Commercial, industrial, agricultural 59,042 1,249 503 379 24 61,197 Equity lines 28,536 − 299 − − 28,835 Consumer 7,658 − − 35 − 7,693 Total Loans $ 428,225 $ 12,964 $ 2,005 $ 804 $ 197 $ 444,195 (Dollars In Thousands) Pass Special Mention Substandard Accruing Substandard Nonaccrual Total Construction loans: Residential $ 10,204 $ − $ − $ − $ 10,204 Land acquisition, development & commercial 27,480 − − − 27,480 Real estate loans: Residential 110,856 − 193 577 111,626 Commercial 171,369 − 543 336 172,248 Commercial, industrial, agricultural 59,120 78 600 11 59,809 Equity lines 29,956 − − − 29,956 Consumer 7,668 − − − 7,668 Total Loans $ 416,653 $ 78 $ 1,336 $ 924 $ 418,991

Note 5 - Other Real Estate Ow36

Note 5 - Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Forclosed Properties [Table Text Block]	(Dollars i n Thousands) Other Real Estate Owned Valuation Allowance Net Balance at the beginning of the year $ 4,619 $ (825 ) $ 3,794 Additions 1,024 — 1,024 Writedowns — (588 ) (588 ) Sales (1,597 ) 616 (981 ) Balance at the end of the year $ 4,046 $ (797 ) $ 3,249 (Dollars i n Thousands) Other Real Estate Owned Valuation Allowance Net Balance at the beginning of the year $ 5,657 $ (420 ) $ 5,237 Additions 481 — 481 Writedowns — (405 ) (405 ) Sales (1,519 ) — (1,519 ) Balance at the end of the year $ 4,619 $ (825 ) $ 3,794
Schedule of Real Estate Properties [Table Text Block]	(Dollars i n Thousands) 2017 2016 Residential lots $ 1,745 $ 2,234 Residential development - 423 Residential real estate 1,024 - Commercial lots 90 90 Commercial buildings 390 1,047 Total Other Real Estate Owned $ 3,249 $ 3,794 (Dollars i n Thousands) 2017 2016 Net (gain)/loss on sales $ (7 ) $ 90 Provision for unrealized losses 588 405 Operating expenses 106 97 Total Other Real Estate Owned $ 687 $ 592

Note 6 - Property and Equipme37

Note 6 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	(Dollars i n Thousands) 2017 2016 Land $ 4,309 $ 4,309 Buildings and improvements 8,617 8,617 Leasehold improvements 2,154 2,156 Furniture and equipment 2,314 3,214 Software 296 556 Construction in process 4 10 Property and equipment, total 17,694 18,862 Less accumulated depreciation and amortization 4,757 5,491 Property and equipment, net $ 12,937 $ 13,371
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	(Dollars In Thousands) 2017 2018 $ 288 2019 274 2020 274 2021 268 2022 270 Thereafter 875 Total $ 2,249

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Time Deposit Maturities [Table Text Block]	(Dollars In Thousands) 2017 2018 $ 76,524 2019 27,215 2020 14,492 2021 6,355 2022 and thereafter 6,878 Total $ 131,464

Note 8 - Federal Home Loan Ba39

Note 8 - Federal Home Loan Bank Borrowings (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	(Dollars In Thousands) Advance Date Maturity Date Conversion Date Current Rate 2017 2016 January 14, 2015 January 16, 2018 Quarterly 1.090% $ 4,000 $ 4,000 August 19, 2016 August 20, 2018 Quarterly 2.535% 4,000 4,000 January 3, 2017 January 3, 2020 N/A 1.500% 695 - February 3, 2017 February 3, 2020 N/A 1.490% 722 - May 3, 2017 May 4, 2010 N/A 1.580% 1,611 - $ 11,028 $ 8,000

Note 9 - Subordinated Notes (Ta

Note 9 - Subordinated Notes (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Subordinated Borrowing [Table Text Block]	(Dollars in Thousands) As of December 31, 201 7 Principal Unamortized Debt Issuance Costs Net Subordinated notes $ 7,500 $ 246 $ 7,254 (Dollars in Thousands) As of December 31, 2016 Principal Unamortized Debt Issuance Costs Net Subordinated notes $ 7,500 $ 276 $ 7,224

Note 10 - Other Borrowings (Tab

Note 10 - Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Short-term Debt [Table Text Block]	(Dollars In Thousands) 2017 2016 Securities sold under agreements to repurchase $ - $ 452 Warehouse line of credit 1,558 665 $ 1,558 $ 1,117 Weighted average interest rate at December 31 4.11 % 2.07 %

Note 11 - Fair Value Measurem42

Note 11 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(Dollars in Thousands) Car rying value at December 31, 2017 Description Balance as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government agency securities $ 13,435 $ – $ 13,435 $ – Mortgage-backed securities and CMO ’s 23,981 – 23,981 – Corporate securities 7,067 – 7,067 – Municipal securities 10,861 – 10,861 – (Dollars in Thousands) Car rying value at December 31, 2016 Description Balance as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: U.S. Government agency securities $ 12,444 $ – $ 12,444 $ – Mortgage-backed securities and CMO ’s 19,768 – 19,768 – Corporate securities 5,066 – 5,066 – Municipal securities 15,697 – 15,697 –
Fair Value Measurements, Nonrecurring [Table Text Block]	(Dollars i n Thousands) Car rying value at December 31, 2017 Description Balance as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Loans held for sale $ 1,587 $ – $ 1,587 $ – Other real estate owned 3,249 – – 3,249 (Dollars i n Thousands) Carrying value at Decem ber 31, 2016 Description Balance as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans, net of valuation allowance $ 98 $ – $ – $ 98 Loans held for sale 678 – 678 – Other real estate owned 3,794 – – 3,794
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	(Dollars i n Thousands) Quantitative information about Level 3 Fair Value Me asurements for December 31, 2017 Assets Fair Value Valuation Technique(s) Unobservable input Range (Weighted Average) Other real estate owned $ 2,254 Discounted appraised value Selling cost 6 % - 10 % (8% ) Discount for lack of marketability and age of appraisal 0 % - 43 % (7% ) $ 995 Internal evaluations Internal evaluations 19 % - 19 % (19% ) (Dollars i n Thousands) Quantitative information about Level 3 Fair Value Me asurements for December 31, 2016 Assets Fair Value Valuation Technique(s) Unobservable input Range (Weighted Average) Impaired loans $ 98 Discounted appraised value Residual cash flows discount rate 6 % - 6 % (6% ) Other real estate owned $ 1,560 Discounted appraised value Selling cost 6 % - 6 % (6% ) Discount for lack of marketability and age of appraisal 4 % - 12 % (10% ) $ 2,234 Internal evaluations Internal evaluations 4 % - 54 % (24% )
Fair Value, by Balance Sheet Grouping [Table Text Block]	(Dollars i n Thousands) Fair value at December 31, 2017 Description Carrying value as of December 31, 2017 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Approximate Fair Values Financial assets Cash and due from banks $ 21,714 $ 21,714 $ – $ – $ 21,714 Federal funds sold 180 180 – – 180 Securities available for sale 55,344 – 55,344 – 55,344 Restricted equity securities 2,371 – 2,371 – 2,371 Loans held for sale 1,587 – 1,587 – 1,587 Loans, net 440,437 – – 438,449 438,449 Bank owned life insurance 8,669 – 8,669 – 8,669 Accrued income 2,681 – 2,681 – 2,681 Financial liabilities Total deposits 477,320 – 477,599 – 477,599 FHLB borrowings 11,028 – 11,150 – 11,150 Subordinated notes 7,254 – 7,890 – 7,890 Other borrowings 1,558 – 1,558 – 1,558 Accrued interest payable 368 – 368 – 368 (Dollars In Thousands) Fair value at December 31, 2016 Description Carrying value as of December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Approximate Fair Values Financial assets Cash and due from banks $ 18,229 $ 17,479 $ 760 $ – $ 18,239 Federal funds sold 42 42 – – 42 Securities available for sale 52,975 – 52,975 – 52,975 Restricted equity securities 2,213 – 2,213 – 2,213 Loans held for sale 678 – 678 – 678 Loans, net 415,355 – – 415,039 415,039 Bank owned life insurance 7,469 – 7,469 – 7,469 Accrued income 2,289 – 2,289 – 2,289 Financial liabilities Total deposits 450,848 – 451,385 – 451,385 FHLB borrowings 8,000 – 8,031 – 8,031 Subordinated notes 7,224 – 8,012 – 8,012 Other borrowings 1,117 – 1,117 – 1,117 Accrued interest payable 386 – 386 – 386

Note 12 - Earnings Per Common43

Note 12 - Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Years Ended December 31, 2017 2016 Dollars in Thousands, except share and per share data Weighted Average Common Shares Outstanding Net Income Available to Common Shareholders Per Share Amount Weighted Average Common Shares Outstanding Net Income Available to Common Shareholders Per Share Amount Earnings per common share, basic 5,769,752 $ 2,496 $ 0.43 4,652,853 $ 2,111 $ 0.45 Effect of dilutive securities: Convertible preferred stock − − − 1,112,970 − (0.08 ) Dilutive stock options 34,630 − − 10,469 − − Earnings per common share, diluted 5,804,382 $ 2,496 $ 0.43 5,776,292 $ 2,111 $ 0.37

Note 13 - Stock Based Compens44

Note 13 - Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Options Outstanding Weighted Average Exercise Price Aggregate Intrinsic Value(1) Weighted Average Contractual Term (years) Balance at December 31, 2016 201,000 $ 7.80 Granted – – Exercised (4,500 ) 6.90 Expired (9,500 ) 8.69 Forfeited – – Balance at December 31, 2017 187,000 $ 7.78 $ 641,131 5.62 Exercisable at December 31, 2017 125,800 $ 8.21 $ 379,568 4.96
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	2017 2016 Shares Weighted- Average Grant Date Fair Value Shares Weighted- Average Grant Date Fair Value Nonvested at beginning of year 31,546 $ 7.03 39,352 * $ 6.00 * Granted 13,258 10.24 11,149 * 9.09 * Vested (11,920 ) 6.18 (12,167 ) * 5.63 * Forfeited (797 ) 8.37 (6,788 ) * 6.99 * Nonvested at the end of the period 32,087 $ 8.63 31,546 * $ 7.03 *

Note 16 - Income Taxes (Tables)

Note 16 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	(Dollars In Thousands) 201 7 201 6 Current $ 1,351 $ 1,496 Deferred (123 ) (56 ) Income tax expense $ 1,228 $ 1,440
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(Dollars In Thousands) 2017 2016 Tax at statutory federal rate $ 1,291 $ 1,367 Tax-exempt interest income (116 ) (201 ) Cash surrender value of life insurance (68 ) (63 ) Incentive stock options 24 261 Tax impact from enacted change in tax rate 100 – Other (3 ) 76 Income tax expense $ 1,228 $ 1,440
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(Dollars In Thousands) 201 7 201 6 Deferred tax assets Pre-opening expenses $ 28 $ 62 Allowance for loan losses 528 693 Deferred compensation 215 226 Other real estate expenses 187 280 Unrealized loss on securities available for sale 38 29 Nonaccrual loan interest 9 17 Other 17 21 Deferred tax asset 1,022 1,328 Deferred tax liabilities Property and equipment 230 305 Deferred loan fees 613 980 Other 17 13 Deferred tax liability 860 1,298 Net deferred tax asset $ 162 $ 30

Note 17 - Commitments and Con46

Note 17 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	(Dollars In Thousands) 201 7 201 6 Commitments to extend credit $ 109,285 $ 102,277 Standby letters of credit 6,711 4,255

Note 18 - Regulatory Restrict47

Note 18 - Regulatory Restrictions (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	HomeTown Bank December 31, 2017 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions (in thousands except for percentages) Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk-Weighted Assets) $ 61,257 12.48 % $ 45,403 9.25 % $ 49,084 10.00 % Tier I Common Equity (to Risk-Weighted Assets) 57,474 11.71 % 28,222 5.75 % 31,903 6.50 % Tier I Capital (to Risk-Weighted Assets) 57,499 11.72 % 35,569 7.25 % 39,248 8.00 % Tier I Capital (to Average Assets) 57,499 10.39 % 22,136 4.00 % 27,670 5.00 % HomeTown Bank December 31, 2016 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions (in thousands except for percentages) Amount Ratio Amount Ratio Amount Ratio Total Capital (to Risk-Weighted Assets) % $ 58,436 12.59 % $ 40,045 8.625 % $ 46,429 10.00 % Tier I Common Equity (to Risk-Weighted Assets) 54,783 11.80 % 23,795 5.125 % 30,179 6.50 % Tier I Capital (to Risk-Weighted Assets) 54,800 11.80 % 30,759 6.625 % 37,143 8.00 % Tier I Capital (to Average Assets) 54,800 10.67 % 20,537 4.00 % 25,671 5.00 %

Note 19 - Transactions With R48

Note 19 - Transactions With Related Parties (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	(Dollars In Thousands) 2017 2016 Balance, beginning $ 8,194 $ 7,124 New loans 392 5,261 Repayments (4,637 ) (4,191 ) Balance, ending $ 3,949 $ 8,194

Note 21 - Reclassifications O49

Note 21 - Reclassifications Out of Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about Other Comprehensive Components Amounts Reclassified from Other Comprehensive Income for the Years Ended December 31, Affected Line Item in the Statement Where Net Income is Presented (Dollars In Thousands) 2017 2016 Available for sale securities Realized gains on sales of securities held for sale during the period $ 69 $ 257 Gains on sales of investment securities Tax expense related to realized gains on securities sold 24 87 Income tax expense $ 45 $ 170 Net income

Note 22 - Condensed Parent Co50

Note 22 - Condensed Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2017
Notes Tables
Condensed Balance Sheet [Table Text Block]	CONDENSED BALANCE SHEETS Dollars In Thousands December 31, 201 7 December 31, 201 6 Assets Cash and due from banks $ 313 $ 298 Investment in bank subsidiary 57,333 54,727 Other assets 3 — Total assets $ 57,649 $ 55,025 Liabilities and Stockholders ’ Equity Other liabilities $ 12 $ 12 Subordinated notes 7,254 7,224 Total liabilities 7,266 7,236 Stockholders ’ equity: Total stockholders ’ equity 50,383 47,789 Total liabilities and stockholders ’ equity $ 57,649 $ 55,025
Condensed Income Statement [Table Text Block]	CONDENSED STATEMENTS OF INCOME Dollars In Thousands For the year ended December 31, 201 7 For the year ended December 31, 201 6 Dividend from Bank subsidiary $ 511 $ — Income 511 — Interest expense 537 536 Other expenses 272 302 Expenses 809 838 Net loss before income taxes (298 ) (838 ) Income tax benefit 275 278 Net loss before equity in undistributed net income of subsidiary (23 ) (560 ) Undistributed net income of subsidiary 2,519 3,079 Net Income $ 2,496 $ 2,519
Condensed Cash Flow Statement [Table Text Block]	CONDENSED STATEMENTS OF CASH FLOWS Dollars In Thousands For the year ended December 31, 201 7 For the year ended December 31, 201 6 Cash flows from operating activities: Net income $ 2,496 $ 2,519 Equity in undistributed net income of subsidiary bank (2,519 ) (3,079 ) Amortization expense on subordinated notes 30 30 (Increase) decrease in other assets (3 ) 7 Decrease in interest payable — (18 ) Decrease in other liabilities — (295 Net cash flows provided by (used in) operating activities 4 (836 ) Cash flows from financing activities: Preferred dividend payment — (408 ) Exercise of stock options 31 — Net settlement of vested restricted stock (20 ) (29 ) Cash in lieu of fractional shares — (5 ) Net cash flows provided by (used in) financing activities 11 (442 ) Net increase (decrease) in cash and cash equivalents 15 (1,278 ) Cash and cash equivalents, beginning 298 1,576 Cash and cash equivalents, ending $ 313 $ 298 Supplemental disclosure of cash flow information: Cash payments for interest $ 506 $ 554

Note 1 - Organization and Sum51

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) $ / shares in Units, $ in Thousands	Jul. 11, 2016	Dec. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)	Dec. 31, 2013	Jun. 29, 2016$ / shares	Apr. 20, 2006shares
Financing Receivable, Modifications, Return to Accrual Status Term		180 days
Bank Owned Life Insurance, Number of Policies		7
Unrecognized Tax Benefits		$ 0	$ 0
Preferred Stock Convertible Conversion Price | $ / shares					$ 6.25
Reclassification of Stranded Tax Effects from Change in Tax Rate
Dividends, Common Stock, Stock, Percentge	4.00%
2005 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares						550,000
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares		137,280
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		5 years
Retained Earnings [Member]
Reclassification of Stranded Tax Effects from Change in Tax Rate		$ 24
AOCI Attributable to Parent [Member]
Reclassification of Stranded Tax Effects from Change in Tax Rate		$ (24)
Building [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life		10 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life		40 years
Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life		3 years
Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life		10 years
Consumer Portfolio Segment [Member]
Threshold Period Past Due for Write-off of Financing Receivable		120 days
Non-consumer Portfolio Segment [Member]
Threshold Period Past Due for Write-off of Financing Receivable		180 days
Corporate Joint Venture [Member] | Home Town Residential Mortgage LLC [Member]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions				49.00%

Note 2 - Investment Securitie52

Note 2 - Investment Securities (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities	$ 20,544	$ 14,379
Available-for-sale Securities, Gross Realized Gain (Loss)	$ 69	$ 257
Available-for-sale Securities, Number Sold	45	14
Available-for-sale Securities, Gross Realized Gains	$ 170	$ 262
Available-for-sale Securities, Gross Realized Losses	101	5
Available-for-sale Securities Pledged as Collateral	4,000	$ 6,200
Public Deposits [Member]
Available-for-sale Securities Pledged as Collateral	2,300
Federal Home Loan Bank Borrowing [Member]
Available-for-sale Securities Pledged as Collateral	112
Other Purposes [Member]
Available-for-sale Securities Pledged as Collateral	$ 1,600
US Government Agencies Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	24
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	35
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0
Corporate Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	2
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	6
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0

Note 2 - Investment Securitie53

Note 2 - Investment Securities - Available-for-sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Securities available-for-sale, amortized cost	$ 55,523	$ 53,060
Securities available-for-sale, gross unrealized gains	404	504
Securities available-for-sale, gross unrealized losses	(583)	(589)
Securities available for sale, at fair value	55,344	52,975
US Government Agencies Debt Securities [Member]
Securities available-for-sale, amortized cost	13,475	12,422
Securities available-for-sale, gross unrealized gains	61	118
Securities available-for-sale, gross unrealized losses	(101)	(96)
Securities available for sale, at fair value	13,435	12,444
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale, amortized cost	24,344	19,979
Securities available-for-sale, gross unrealized gains	12	54
Securities available-for-sale, gross unrealized losses	(375)	(265)
Securities available for sale, at fair value	23,981	19,768
Corporate Debt Securities [Member]
Securities available-for-sale, amortized cost	6,991	5,000
Securities available-for-sale, gross unrealized gains	118	66
Securities available-for-sale, gross unrealized losses	(42)
Securities available for sale, at fair value	7,067	5,066
US States and Political Subdivisions Debt Securities [Member]
Securities available-for-sale, amortized cost	10,713	15,659
Securities available-for-sale, gross unrealized gains	213	266
Securities available-for-sale, gross unrealized losses	(65)	(228)
Securities available for sale, at fair value	$ 10,861	$ 15,697

Note 2 - Investment Securitie54

Note 2 - Investment Securities - Unrealized Loss Positions of Available-for-sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Securities available-for-sale in a continuous unrealized loss position, less than 12 months fair value	$ 24,374	$ 25,191
Securities available-for-sale in a continuous unrealized loss position, less than 12 months unrealized loss	(281)	(490)
Securities available-for-sale in a continuous unrealized loss position, 12 months or more fair value	12,713	5,227
Securities available-for-sale in a continuous unrealized loss position, 12 months or more unrealized loss	(302)	(99)
Securities available-for-sale in a continuous unrealized loss position, total fair value	37,087	30,418
Securities available-for-sale in a continuous unrealized loss position, total unrealized loss	(583)	(589)
US Government Agencies Debt Securities [Member]
Securities available-for-sale in a continuous unrealized loss position, less than 12 months fair value	6,859	3,492
Securities available-for-sale in a continuous unrealized loss position, less than 12 months unrealized loss	(44)	(32)
Securities available-for-sale in a continuous unrealized loss position, 12 months or more fair value	2,995	3,491
Securities available-for-sale in a continuous unrealized loss position, 12 months or more unrealized loss	(57)	(64)
Securities available-for-sale in a continuous unrealized loss position, total fair value	9,854	6,983
Securities available-for-sale in a continuous unrealized loss position, total unrealized loss	(101)	(96)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale in a continuous unrealized loss position, less than 12 months fair value	15,624	14,232
Securities available-for-sale in a continuous unrealized loss position, less than 12 months unrealized loss	(192)	(235)
Securities available-for-sale in a continuous unrealized loss position, 12 months or more fair value	7,386	1,474
Securities available-for-sale in a continuous unrealized loss position, 12 months or more unrealized loss	(183)	(30)
Securities available-for-sale in a continuous unrealized loss position, total fair value	23,010	15,706
Securities available-for-sale in a continuous unrealized loss position, total unrealized loss	(375)	(265)
Corporate Debt Securities [Member]
Securities available-for-sale in a continuous unrealized loss position, less than 12 months fair value	1,438	500
Securities available-for-sale in a continuous unrealized loss position, less than 12 months unrealized loss	(42)
Securities available-for-sale in a continuous unrealized loss position, 12 months or more fair value
Securities available-for-sale in a continuous unrealized loss position, 12 months or more unrealized loss
Securities available-for-sale in a continuous unrealized loss position, total fair value	1,438	500
Securities available-for-sale in a continuous unrealized loss position, total unrealized loss	(42)
US States and Political Subdivisions Debt Securities [Member]
Securities available-for-sale in a continuous unrealized loss position, less than 12 months fair value	453	6,967
Securities available-for-sale in a continuous unrealized loss position, less than 12 months unrealized loss	(3)	(223)
Securities available-for-sale in a continuous unrealized loss position, 12 months or more fair value	2,332	262
Securities available-for-sale in a continuous unrealized loss position, 12 months or more unrealized loss	(62)	(5)
Securities available-for-sale in a continuous unrealized loss position, total fair value	2,785	7,229
Securities available-for-sale in a continuous unrealized loss position, total unrealized loss	$ (65)	$ (228)

Note 2 - Investment Securitie55

Note 2 - Investment Securities - Available-for-sale Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Less than one year, available-for-sale securities, amortized cost	$ 245
Over one through five years, available-for-sale securities, amortized cost	2,963
Over five through ten years, available-for-sale securities, amortized cost	15,725
Greater than 10 years, available-for-sale securities, amortized cost	36,590
Available-for-sale securities, amortized cost	55,523	$ 53,060
Less than one year, available-for-sale securities, fair value	245
Over one through five years, available-for-sale securities, fair value	2,942
Over five through ten years, available-for-sale securities, fair value	15,811
Greater than 10 years, available-for-sale securities, fair value	36,346
Available-for-sale securities, fair value	$ 55,344	$ 52,975

Note 3 - Loans Receivable (Deta

Note 3 - Loans Receivable (Details Textual)	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Financing Receivable, 90 Days Past Due and Still Accruing, Number of Loans	1	2
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 373,000	$ 4,000
Financing Receivable, Modifications, Recorded Investment	$ 4,100,000	$ 6,400,000
Financing Receivable, Troubled Debt Restructuring, Number of Contracts	4	5
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 0	$ 0
Financing Receivable, Modifications, Number of Contracts	0	0
Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	$ 3,900,000	$ 6,200,000
Financing Receivable, Troubled Debt Restructuring, Number of Contracts	2	3
Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	$ 219,000	$ 231,000
Financing Receivable, Troubled Debt Restructuring, Number of Contracts	2	2

Note 3 - Loans Receivable - Cla

Note 3 - Loans Receivable - Classifications of Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loans	$ 444,195	$ 418,991
Less allowance for loan losses	(3,758)	(3,636)	$ (3,298)
Loans, net	440,437	415,355
Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans	15,221	10,204
Less allowance for loan losses	(94)	(63)	(83)
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans	35,601	27,480
Less allowance for loan losses	(311)	(173)	(187)
Real Estate Portfolio Segment [Member] | Residential [Member]
Loans	121,649	111,626
Less allowance for loan losses	(955)	(866)	(1,047)
Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans	173,999	172,248
Less allowance for loan losses	(1,603)	(1,516)	(1,001)
Commercial Industrial And Agricultural Portfolio Segment Excluding Overdrafts [Member]
Loans	61,129	59,702
Equity Lines Portfolio Segment [Member]
Loans	28,835	29,956
Less allowance for loan losses	(237)	(338)	(277)
Consumer Portfolio Segment [Member]
Loans	7,693	7,668
Less allowance for loan losses	(108)	(97)	$ (85)
Overdrafts Portfolio Segment [Member]
Loans	$ 68	$ 107

Note 3 - Loans Receivable - Pas

Note 3 - Loans Receivable - Past Due and Non-accrual Status of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Loans, past due	$ 4,141	$ 1,926
Loans, current	440,054	417,065
Loans	444,195	418,991
Loans, nonaccrual loans	1,144	924
Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans, past due
Loans, current	15,221	10,204
Loans	15,221	10,204
Loans, nonaccrual loans
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans, past due	317
Loans, current	35,284	27,480
Loans	35,601	27,480
Loans, nonaccrual loans	274
Real Estate Portfolio Segment [Member] | Residential [Member]
Loans, past due	2,005	1,442
Loans, current	119,644	110,184
Loans	121,649	111,626
Loans, nonaccrual loans	173	577
Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans, past due	506	115
Loans, current	173,493	172,133
Loans	173,999	172,248
Loans, nonaccrual loans	209	336
Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans, past due	665	93
Loans, current	60,532	59,716
Loans	61,197	59,809
Loans, nonaccrual loans	403	11
Equity Lines Portfolio Segment [Member]
Loans, past due	593	258
Loans, current	28,242	29,698
Loans	28,835	29,956
Loans, nonaccrual loans	49
Consumer Portfolio Segment [Member]
Loans, past due	55	18
Loans, current	7,638	7,650
Loans	7,693	7,668
Loans, nonaccrual loans	36
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans, past due	1,601	1,113
Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans, past due
Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans, past due	43
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Residential [Member]
Loans, past due	589	672
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans, past due	278	115
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans, past due	130	60
Financing Receivables, 30 to 59 Days Past Due [Member] | Equity Lines Portfolio Segment [Member]
Loans, past due	544	258
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans, past due	17	8
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans, past due	1,083	232
Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans, past due
Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans, past due
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Residential [Member]
Loans, past due	870	193
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans, past due	19
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans, past due	143	33
Financing Receivables, 60 to 89 Days Past Due [Member] | Equity Lines Portfolio Segment [Member]
Loans, past due	49
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans, past due	2	6
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans, past due	1,457	581
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans, past due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans, past due	274
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Residential [Member]
Loans, past due	546	577
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans, past due	209
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans, past due	392
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Equity Lines Portfolio Segment [Member]
Loans, past due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans, past due	$ 36	$ 4

Note 3 - Loans Receivable - Imp

Note 3 - Loans Receivable - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Loans with no related allowance, recorded investment in loans	$ 5,317	$ 7,161
Loans with no related allowance, unpaid principal balance	5,922	7,337
Loans with no related allowance, average balance total loans	5,814	7,161
Loans with no related allowance, interest income recognized	230	244
Loans with a related allowance, recorded investment in loans		115
Loans with a related allowance, unpaid principal balance		115
Related allowance		17
Loans with a related allowance, average balance total loans	54	122
Loans with a related allowance, interest income recognized
Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans with no related allowance, recorded investment in loans
Loans with no related allowance, unpaid principal balance
Loans with no related allowance, average balance total loans
Loans with no related allowance, interest income recognized
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans with no related allowance, recorded investment in loans	181
Loans with no related allowance, unpaid principal balance	331
Loans with no related allowance, average balance total loans	331
Loans with no related allowance, interest income recognized	10
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized
Real Estate Portfolio Segment [Member] | Residential [Member]
Loans with no related allowance, recorded investment in loans	360	770
Loans with no related allowance, unpaid principal balance	640	770
Loans with no related allowance, average balance total loans	638	629
Loans with no related allowance, interest income recognized	30	(11)
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized
Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans with no related allowance, recorded investment in loans	4,098	6,380
Loans with no related allowance, unpaid principal balance	4,273	6,556
Loans with no related allowance, average balance total loans	4,166	6,521
Loans with no related allowance, interest income recognized	161	255
Loans with a related allowance, recorded investment in loans		115
Loans with a related allowance, unpaid principal balance		115
Related allowance		17
Loans with a related allowance, average balance total loans	54	122
Loans with a related allowance, interest income recognized
Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans with no related allowance, recorded investment in loans	379	11
Loans with no related allowance, unpaid principal balance	379	11
Loans with no related allowance, average balance total loans	379	11
Loans with no related allowance, interest income recognized	15
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized
Equity Lines Portfolio Segment [Member]
Loans with no related allowance, recorded investment in loans	299
Loans with no related allowance, unpaid principal balance	299
Loans with no related allowance, average balance total loans	300
Loans with no related allowance, interest income recognized	14
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized
Consumer Portfolio Segment [Member]
Loans with no related allowance, recorded investment in loans
Loans with no related allowance, unpaid principal balance
Loans with no related allowance, average balance total loans
Loans with no related allowance, interest income recognized
Loans with a related allowance, recorded investment in loans
Loans with a related allowance, unpaid principal balance
Related allowance
Loans with a related allowance, average balance total loans
Loans with a related allowance, interest income recognized

Note 4 - Allowance for Loan L60

Note 4 - Allowance for Loan Losses (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable, Gross	$ 444,195	$ 418,991
Unlikely to be Collected Financing Receivable [Member]
Loans and Leases Receivable, Gross	0	0
Doubtful [Member]
Loans and Leases Receivable, Gross	$ 197	$ 0

Note 4 - Allowance for Loan L61

Note 4 - Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Allowance for loan losses, beginning balance	$ 3,636	$ 3,298
Allowance for loan losses, charge- offs	(1,078)	(848)
Allowance for loan losses, recoveries	58	104
Allowance for loan losses, provisions	1,142	1,082
Allowance for loan losses, ending balance	3,758	3,636
Allowance for loan losses: individually evaluated for impairment		17
Allowance for loan losses: collectively evaluated for impairment	3,758	3,619
Loans	444,195	418,991
Loans: individually evaluated for impairment	5,317	7,276
Loans: collectively evaluated for impairment	438,878	411,715
Construction Loan Portfolio Segment [Member] | Residential [Member]
Allowance for loan losses, beginning balance	63	83
Allowance for loan losses, charge- offs
Allowance for loan losses, recoveries
Allowance for loan losses, provisions	31	(20)
Allowance for loan losses, ending balance	94	63
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	94	63
Loans	15,221	10,204
Loans: individually evaluated for impairment
Loans: collectively evaluated for impairment	15,221	10,204
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Allowance for loan losses, beginning balance	173	187
Allowance for loan losses, charge- offs	(150)	(2)
Allowance for loan losses, recoveries
Allowance for loan losses, provisions	288	(12)
Allowance for loan losses, ending balance	311	173
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	311	173
Loans	35,601	27,480
Loans: individually evaluated for impairment	181
Loans: collectively evaluated for impairment	35,420	27,480
Real Estate Portfolio Segment [Member] | Residential [Member]
Allowance for loan losses, beginning balance	866	1,047
Allowance for loan losses, charge- offs	(293)	(4)
Allowance for loan losses, recoveries		45
Allowance for loan losses, provisions	382	(222)
Allowance for loan losses, ending balance	955	866
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	955	866
Loans	121,649	111,626
Loans: individually evaluated for impairment	360	770
Loans: collectively evaluated for impairment	121,289	110,856
Real Estate Portfolio Segment [Member] | Commercial [Member]
Allowance for loan losses, beginning balance	1,516	1,001
Allowance for loan losses, charge- offs	(454)	(606)
Allowance for loan losses, recoveries	43
Allowance for loan losses, provisions	498	1,121
Allowance for loan losses, ending balance	1,603	1,516
Allowance for loan losses: individually evaluated for impairment		17
Allowance for loan losses: collectively evaluated for impairment	1,603	1,499
Loans	173,999	172,248
Loans: individually evaluated for impairment	4,098	6,495
Loans: collectively evaluated for impairment	169,901	165,753
Commercial Industrial and Agricultural Portfolio Segment [Member]
Allowance for loan losses, beginning balance	461	531
Allowance for loan losses, charge- offs	(80)	(34)
Allowance for loan losses, recoveries
Allowance for loan losses, provisions	60	(36)
Allowance for loan losses, ending balance	441	461
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	441	461
Loans	61,197	59,809
Loans: individually evaluated for impairment	379	11
Loans: collectively evaluated for impairment	60,818	59,798
Equity Lines Portfolio Segment [Member]
Allowance for loan losses, beginning balance	338	277
Allowance for loan losses, charge- offs		(99)
Allowance for loan losses, recoveries		10
Allowance for loan losses, provisions	(101)	150
Allowance for loan losses, ending balance	237	338
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	237	338
Loans	28,835	29,956
Loans: individually evaluated for impairment	299
Loans: collectively evaluated for impairment	28,536	29,956
Consumer Portfolio Segment [Member]
Allowance for loan losses, beginning balance	97	85
Allowance for loan losses, charge- offs	(101)	(103)
Allowance for loan losses, recoveries	15	49
Allowance for loan losses, provisions	97	66
Allowance for loan losses, ending balance	108	97
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	108	97
Loans	7,693	7,668
Loans: individually evaluated for impairment
Loans: collectively evaluated for impairment	7,693	7,668
Unallocated Financing Receivables [Member]
Allowance for loan losses, beginning balance	122	87
Allowance for loan losses, charge- offs
Allowance for loan losses, recoveries
Allowance for loan losses, provisions	(113)	35
Allowance for loan losses, ending balance	9	122
Allowance for loan losses: individually evaluated for impairment
Allowance for loan losses: collectively evaluated for impairment	9	122
Loans
Loans: individually evaluated for impairment
Loans: collectively evaluated for impairment

Note 4 - Allowance for Loan L62

Note 4 - Allowance for Loan Losses - Loans by Credit Quality Indicators (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Loans	$ 444,195	$ 418,991
Pass [Member]
Loans	428,225	416,653
Special Mention [Member]
Loans	12,964	78
Substandard [Member]
Loans	2,005	1,336
Substandard Nonaccrual [Member]
Loans	804	924
Doubtful [Member]
Loans	197	0
Construction Loan Portfolio Segment [Member] | Residential [Member]
Loans	15,221	10,204
Construction Loan Portfolio Segment [Member] | Residential [Member] | Pass [Member]
Loans	15,221	10,204
Construction Loan Portfolio Segment [Member] | Residential [Member] | Special Mention [Member]
Loans
Construction Loan Portfolio Segment [Member] | Residential [Member] | Substandard [Member]
Loans
Construction Loan Portfolio Segment [Member] | Residential [Member] | Substandard Nonaccrual [Member]
Loans
Construction Loan Portfolio Segment [Member] | Residential [Member] | Doubtful [Member]
Loans
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member]
Loans	35,601	27,480
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member] | Pass [Member]
Loans	31,433	27,480
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member] | Special Mention [Member]
Loans	3,987
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member] | Substandard [Member]
Loans
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member] | Substandard Nonaccrual [Member]
Loans	181
Construction Loan Portfolio Segment [Member] | Land Acquisition Development And Commercial [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | Residential [Member]
Loans	121,649	111,626
Real Estate Portfolio Segment [Member] | Residential [Member] | Pass [Member]
Loans	120,575	110,856
Real Estate Portfolio Segment [Member] | Residential [Member] | Special Mention [Member]
Loans	342
Real Estate Portfolio Segment [Member] | Residential [Member] | Substandard [Member]
Loans	559	193
Real Estate Portfolio Segment [Member] | Residential [Member] | Substandard Nonaccrual [Member]
Loans		577
Real Estate Portfolio Segment [Member] | Residential [Member] | Doubtful [Member]
Loans	173
Real Estate Portfolio Segment [Member] | Commercial [Member]
Loans	173,999	172,248
Real Estate Portfolio Segment [Member] | Commercial [Member] | Pass [Member]
Loans	165,760	171,369
Real Estate Portfolio Segment [Member] | Commercial [Member] | Special Mention [Member]
Loans	7,386
Real Estate Portfolio Segment [Member] | Commercial [Member] | Substandard [Member]
Loans	644	543
Real Estate Portfolio Segment [Member] | Commercial [Member] | Substandard Nonaccrual [Member]
Loans	209	336
Real Estate Portfolio Segment [Member] | Commercial [Member] | Doubtful [Member]
Loans
Commercial Industrial and Agricultural Portfolio Segment [Member]
Loans	61,197	59,809
Commercial Industrial and Agricultural Portfolio Segment [Member] | Pass [Member]
Loans	59,042	59,120
Commercial Industrial and Agricultural Portfolio Segment [Member] | Special Mention [Member]
Loans	1,249	78
Commercial Industrial and Agricultural Portfolio Segment [Member] | Substandard [Member]
Loans	503	600
Commercial Industrial and Agricultural Portfolio Segment [Member] | Substandard Nonaccrual [Member]
Loans	379	11
Commercial Industrial and Agricultural Portfolio Segment [Member] | Doubtful [Member]
Loans	24
Equity Lines Portfolio Segment [Member]
Loans	28,835	29,956
Equity Lines Portfolio Segment [Member] | Pass [Member]
Loans	28,536	29,956
Equity Lines Portfolio Segment [Member] | Special Mention [Member]
Loans
Equity Lines Portfolio Segment [Member] | Substandard [Member]
Loans	299
Equity Lines Portfolio Segment [Member] | Substandard Nonaccrual [Member]
Loans
Equity Lines Portfolio Segment [Member] | Doubtful [Member]
Loans
Consumer Portfolio Segment [Member]
Loans	7,693	7,668
Consumer Portfolio Segment [Member] | Pass [Member]
Loans	7,658	7,668
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans
Consumer Portfolio Segment [Member] | Substandard Nonaccrual [Member]
Loans	35
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans

Note 5 - Other Real Estate Ow63

Note 5 - Other Real Estate Owned - Foreclosed Properties Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Other Real Estate Owned, balance at the beginning of the year	$ 4,619	$ 5,657
Other Real Estate Owned, Additions	1,024	481
Other Real Estate Owned, Writedowns
Other Real Estate Owned, Sales	(1,597)	(1,519)
Other Real Estate Owned, balance at the end of the year	4,046	4,619
Valuation Allowance, balance at the beginning of the year	(825)	(420)
Valuation Allowance, Additions
Valuation Allowance, Writedowns	(588)	(405)
Valuation Allowance, Sales	616
Valuation Allowance, Balance at the end of the year	(797)	(825)
Balance at the beginning of the year, net	3,794	5,237
Additions, Net	1,024	481
Writedowns, Net	(588)	(405)
Sales, Net	(981)	(1,519)
Balance at the end of the year, net	$ 3,249	$ 3,794

Note 5 - Other Real Estate Ow64

Note 5 - Other Real Estate Owned - Classification of Other Real Estate Owned and Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Other Real Estate Owned	$ 3,249	$ 3,794	$ 5,237
Net (gain)/loss on sales	(7)	90
Provision for unrealized losses	588	405
Other real estate owned expense	106	97
Total Other Real Estate Owned	687	592
Residential Lots [Member]
Other Real Estate Owned	1,745	2,234
Residential Development [Member]
Other Real Estate Owned		423
Residential Real Estate [Member]
Other Real Estate Owned	1,024
Commercial Lots [Member]
Other Real Estate Owned	90	90
Commercial Buildings [Member]
Other Real Estate Owned	$ 390	$ 1,047

Note 6 - Property and Equipme65

Note 6 - Property and Equipment (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Depreciation, Depletion and Amortization	$ 726	$ 754
Occupancy and Equipment Expense [Member]
Operating Leases, Rent Expense, Net	$ 304	$ 307
Home Town Residential Mortgage LLC [Member] | Roanoke [Member]
Lessee, Operating Lease, Term of Contract	1 year
Home Town Residential Mortgage LLC [Member] | Christianburg [Member]
Lessee, Operating Lease, Term of Contract	1 year
Main Office [Member]
Lessee, Operating Lease, Term of Contract	10 years
Lessee Leasing Arrangements, Operating Leases, Number of Additional Renewal Terms	1
Lessee, Operating Lease, Renewal Term	10 years
Maximum Rental Increase	3.00%
Branch Location [Member]
Lessee, Operating Lease, Term of Contract	10 years
Lessee Leasing Arrangements, Operating Leases, Number of Additional Renewal Terms	2
Lessee, Operating Lease, Renewal Term	5 years
Automated Teller Machine [Member]
Lessee, Operating Lease, Term of Contract	8 years
Lessee Leasing Arrangements, Operating Leases, Number of Additional Renewal Terms	2
Maximum Rental Increase	3.00%
Automated Teller Machine [Member] | Expires on April 1, 2026 [Member]
Lessee, Operating Lease, Renewal Term	5 years
Automated Teller Machine [Member] | Expires on April 1, 2031 [Member]
Lessee, Operating Lease, Renewal Term	5 years

Note 6 - Property and Equipme66

Note 6 - Property and Equipment - Components of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Property and equipment	$ 17,694	$ 18,862
Less accumulated depreciation and amortization	4,757	5,491
Property and equipment, net	12,937	13,371
Land [Member]
Property and equipment	4,309	4,309
Building and Building Improvements [Member]
Property and equipment	8,617	8,617
Leasehold Improvements [Member]
Property and equipment	2,154	2,156
Furniture and Fixtures [Member]
Property and equipment	2,314	3,214
Software and Software Development Costs [Member]
Property and equipment	296	556
Construction in Progress [Member]
Property and equipment	$ 4	$ 10

Note 6 - Property and Equipme67

Note 6 - Property and Equipment - Minimum Annual Lease Payments (Details) $ in Thousands	Dec. 31, 2017USD ($)
2,018	$ 288
2,019	274
2,020	274
2,021	268
2,022	270
Thereafter	875
Total	$ 2,249

Note 7 - Deposits (Details Text

Note 7 - Deposits (Details Textual) - USD ($) xbrli-pure in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Time Deposits, at or Above FDIC Insurance Limit	$ 8.3	$ 9.8
Interest-bearing Domestic Deposit, Brokered	$ 33.1	$ 28.5
Deposits, Total [Member] | Customer Concentration Risk [Member]
Concentration Risk, Percentage	0.00%

Note 7 - Deposits - Scheduled M

Note 7 - Deposits - Scheduled Maturities of Time Deposits (Details) $ in Thousands	Dec. 31, 2017USD ($)
2,018	$ 76,524
2,019	27,215
2,020	14,492
2,021	6,355
2022 and thereafter	6,878
Total	$ 131,464

Note 8 - Federal Home Loan Ba70

Note 8 - Federal Home Loan Bank Borrowings (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Advances from Federal Home Loan Banks	$ 11,028	$ 8,000
Real Estate Loans [Member]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	21,400
Investment Securities [Member]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	103
Federal Home Loan Bank Stock [Member]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	967
Federal Home Loan Bank of Atlanta [Member]
Advances from Federal Home Loan Banks	11,000	$ 8,000
Federal Home Loan Bank of Atlanta [Member] | Fixed Rate Advance [Member]
Advances from Federal Home Loan Banks	$ 11,000

Note 8 - Federal Home Loan Ba71

Note 8 - Federal Home Loan Bank Borrowings - Federal Home Loan Bank of Atlanta Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current rate
Federal Home Loan Bank Borrowings	$ 11,028	$ 8,000
Federal Home Loan Bank of Atlanta [Member] | Advance Date January 14, 2015 [Member]
Current rate	1.09%
Federal Home Loan Bank Borrowings	$ 4,000	4,000
Federal Home Loan Bank of Atlanta [Member] | Advance Date August 19, 2016 [Member]
Current rate	2.535%
Federal Home Loan Bank Borrowings	$ 4,000	4,000
Federal Home Loan Bank of Atlanta [Member] | Advance Date January 3, 2017 [Member]
Current rate	1.50%
Federal Home Loan Bank Borrowings	$ 695
Federal Home Loan Bank of Atlanta [Member] | Advance Date February 3, 2017 [Member]
Current rate	1.49%
Federal Home Loan Bank Borrowings	$ 722
Federal Home Loan Bank of Atlanta [Member] | Advance Date May 3, 2017 [Member]
Current rate	1.58%
Federal Home Loan Bank Borrowings	$ 1,611

Note 9 - Subordinated Notes (De

Note 9 - Subordinated Notes (Details Textual) - Subordinated Debt [Member] - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 18, 2015
Debt Instrument, Face Amount	$ 7,500	$ 7,500	$ 7,500
Debt Instrument, Interest Rate, Stated Percentage			6.75%
Debt Instrument, Interest Rate, Effective Percentage	7.41%	7.44%

Note 9 - Subordinated Notes - S

Note 9 - Subordinated Notes - Schedule of Subordinated Notes (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 18, 2015
Subordinated notes	$ 7,254	$ 7,224
Subordinated Debt [Member]
Principal	7,500	7,500	$ 7,500
Unamortized debt issuance costs	246	276
Subordinated notes	$ 7,254	$ 7,224

Note 10 - Other Borrowings (Det

Note 10 - Other Borrowings (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Short-term Debt	$ 1,558	$ 1,117
Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	5,000
Short-term Debt	$ 1,558	665
Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	2.75%
Federal Funds Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 36,500
Short-term Debt	0	$ 0
Promontory’s Insured Cash Sweep Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 10,000
Promontory’s Insured Cash Sweep Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.11%
Promontory’s Insured Cash Sweep Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.20%

Note 10 - Other Borrowings - Sh

Note 10 - Other Borrowings - Short Term Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Short-term borrowings	$ 1,558	$ 1,117
Weighted average interest rate at December 31	4.11%	2.07%
Securities Sold under Agreements to Repurchase [Member]
Short-term borrowings		$ 452
Line of Credit [Member]
Short-term borrowings	$ 1,558	$ 665

Note 11 - Fair Value Measurem76

Note 11 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Liabilities, Fair Value Disclosure, Nonrecurring	$ 0	$ 0
Minimum [Member]
Federal Funds Maturity	1 day
Maximum [Member]
Federal Funds Maturity	3 days

Note 11 - Fair Value Measurem77

Note 11 - Fair Value Measurements - Fair Value of Financial Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Available-for-sale securities	$ 55,344	$ 52,975
US Government Agencies Debt Securities [Member]
Available-for-sale securities	13,435	12,444
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	13,435	12,444
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities	23,981	19,768
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	23,981	19,768
Corporate Debt Securities [Member]
Available-for-sale securities	7,067	5,066
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	7,067	5,066
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities	10,861	15,697
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities	$ 10,861	$ 15,697

Note 11 - Fair Value Measurem78

Note 11 - Fair Value Measurements - Fair Value of Financial Assets and Liabilities Measure on Non-recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Loans held for sale	$ 1,587	$ 678
Other real estate owned	3,249	3,794	$ 5,237
Impaired loans, net of valuation allowance		98
Fair Value, Inputs, Level 2 [Member]
Loans held for sale	1,587	678
Other real estate owned
Impaired loans, net of valuation allowance
Fair Value, Inputs, Level 3 [Member]
Loans held for sale
Other real estate owned	$ 3,249	3,794
Impaired loans, net of valuation allowance		$ 98

Note 11 - Fair Value Measurem79

Note 11 - Fair Value Measurements - Fair Value Quantitative Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Other Real Estate Owned [Member] | Discounted Appraised Value [Member]
Nonrecurring assets	$ 2,254	$ 1,560
Fair value measurements, range
Fair value measurements, range
Other Real Estate Owned [Member] | Discounted Appraised Value [Member] | Minimum [Member]
Fair value measurements, range	6.00%	6.00%
Fair value measurements, range	0.00%	4.00%
Other Real Estate Owned [Member] | Discounted Appraised Value [Member] | Maximum [Member]
Fair value measurements, range	10.00%	6.00%
Fair value measurements, range	43.00%	12.00%
Other Real Estate Owned [Member] | Discounted Appraised Value [Member] | Weighted Average [Member]
Fair value measurements, range	8.00%	6.00%
Fair value measurements, range	7.00%	10.00%
Other Real Estate Owned [Member] | Internal Evaluations [Member]
Nonrecurring assets	$ 995	$ 2,234
Fair value measurements, range
Other Real Estate Owned [Member] | Internal Evaluations [Member] | Minimum [Member]
Fair value measurements, range	19.00%	4.00%
Other Real Estate Owned [Member] | Internal Evaluations [Member] | Maximum [Member]
Fair value measurements, range	19.00%	54.00%
Other Real Estate Owned [Member] | Internal Evaluations [Member] | Weighted Average [Member]
Fair value measurements, range	19.00%	24.00%
Impaired Loans [Member] | Discounted Appraised Value [Member]
Impaired loans		$ 98
Impaired Loans [Member] | Discounted Appraised Value [Member] | Minimum [Member]
Fair value measurements, range		6.00%
Impaired Loans [Member] | Discounted Appraised Value [Member] | Maximum [Member]
Fair value measurements, range		6.00%
Impaired Loans [Member] | Discounted Appraised Value [Member] | Weighted Average [Member]
Fair value measurements, range		6.00%

Note 11 - Fair Value Measurem80

Note 11 - Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Financial assets
Securities available for sale	$ 55,344	$ 52,975
Financial liabilities
FHLB borrowings	11,028	8,000
Reported Value Measurement [Member]
Financial assets
Cash and due from banks	21,714	18,229
Federal funds sold	180	42
Securities available for sale	55,344	52,975
Restricted equity securities	2,371	2,213
Loans held for sale	1,587	678
Loans, net	440,437	415,355
Bank owned life insurance	8,669	7,469
Accrued income	2,681	2,289
Financial liabilities
Total deposits	477,320	450,848
FHLB borrowings	11,028	8,000
Subordinated notes	7,254	7,224
Other borrowings	1,558	1,117
Accrued interest payable	368	386
Estimate of Fair Value Measurement [Member]
Financial assets
Cash and due from banks	21,714	18,239
Federal funds sold	180	42
Securities available for sale	55,344	52,975
Restricted equity securities	2,371	2,213
Loans held for sale	1,587	678
Loans, net	438,449	415,039
Bank owned life insurance	8,669	7,469
Accrued income	2,681	2,289
Financial liabilities
Total deposits	477,599	451,385
FHLB borrowings	11,150	8,031
Subordinated notes	7,890	8,012
Other borrowings	1,558	1,117
Accrued interest payable	368	386
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and due from banks	21,714	17,479
Federal funds sold	180	42
Securities available for sale
Restricted equity securities
Loans held for sale
Loans, net
Bank owned life insurance
Accrued income
Financial liabilities
Total deposits
FHLB borrowings
Subordinated notes
Other borrowings
Accrued interest payable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Financial assets
Cash and due from banks		760
Federal funds sold
Securities available for sale	55,344	52,975
Restricted equity securities	2,371	2,213
Loans held for sale	1,587	678
Loans, net
Bank owned life insurance	8,669	7,469
Accrued income	2,681	2,289
Financial liabilities
Total deposits	477,599	451,385
FHLB borrowings	11,150	8,031
Subordinated notes	7,890	8,012
Other borrowings	1,558	1,117
Accrued interest payable	368	386
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets
Cash and due from banks
Federal funds sold
Securities available for sale
Restricted equity securities
Loans held for sale
Loans, net	438,449	415,039
Bank owned life insurance
Accrued income
Financial liabilities
Total deposits
FHLB borrowings
Subordinated notes
Other borrowings
Accrued interest payable

Note 12 - Earnings Per Common81

Note 12 - Earnings Per Common Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	38,500	190,531

Note 12 - Earnings Per Common82

Note 12 - Earnings Per Common Share - Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Earnings per common share, basic, weighted average common shares outstanding (in shares)	5,769,752	4,652,853	[1]
Convertible preferred stock, weighted average common shares outstanding (in shares)		1,112,970
Dilutive stock options, weighted average common shares outstanding (in shares)	34,630	10,469
Earnings per common share, diluted, weighted average common shares outstanding (in shares)	5,804,382	5,776,292	[1]
Earnings per common share, basic, net income	$ 2,496	$ 2,111
Earnings per common share, diluted, net income	$ 2,496	$ 2,111
Earnings per common share, basic (in dollars per share)	$ 0.43	$ 0.45	[1]
Convertible preferred stock (in dollars per share)		(0.08)
Earnings per common share, diluted (in dollars per share)	$ 0.43	$ 0.37	[1]
[1]	Restated for the 4% stock dividend distributed July 11, 2016

Note 13 - Stock Based Compens83

Note 13 - Stock Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Jul. 11, 2016	Dec. 31, 2017	Dec. 31, 2016		Apr. 20, 2006
Allocated Share-based Compensation Expense		$ 148	$ 147
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		0	0
Dividends, Common Stock, Stock, Percentge	4.00%
Employee Stock Option [Member]
Allocated Share-based Compensation Expense		$ 71	$ 75
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 140
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years
Restricted Stock [Member]
Allocated Share-based Compensation Expense		$ 77	$ 72
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized		$ 216
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		137,280
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		5 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		$ 10.24	$ 9.09	[1]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		13,258	11,149	[1]
2005 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized					550,000
[1]	Restated for the 4% stock dividend distributed July 11, 2016.

Note 13 - Stock Based Compens84

Note 13 - Stock Based Compensation - Stock Option Activity (Details) - USD ($)		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Granted, options outstanding (in shares)		0	0
2005 Stock Option Plan [Member]
Beginning balance, options outstanding (in shares)		201,000
Granted, options outstanding (in shares)
Exercised, options outstanding (in shares)		(4,500)
Expired, options outstanding (in shares)		(9,500)
Forfeited, options outstanding (in shares)
Ending balance, options outstanding (in shares)		187,000	201,000
Exercisable, options outstanding (in shares)		125,800
Beginning balance, weighted average exercise price (in dollars per share)		$ 7.80
Granted, weighted average exercise price (in dollars per share)
Exercised, weighted average exercise price (in dollars per share)		6.90
Expired, weighted average exercise price (in dollars per share)		(8.69)
Forfeited, weighted average exercise price (in dollars per share)
Ending balance, weighted average exercise price (in dollars per share)		7.78	$ 7.80
Exercisable, weighted average exercise price (in dollars per share)		$ 8.21
Balance, aggregate intrinsic value	[1]	$ 641,131
Exercisable, aggregate intrinsic value	[1]	$ 379,568
Balance, weighted average contractual term (Year)		5 years 226 days
Exercisable, weighted average contractual term (Year)		4 years 350 days
[1]	The aggregate intrinsic value of a stock option in the table above represents the total pre-tax intrinsic value (the amount by which the current market value of the underlying stock exceeds the exercise price of the option) that would have been received by the option holders had all option holders exercised their options on December 31, 2017.

Note 13 - Stock Based Compens85

Note 13 - Stock Based Compensation - Restricted Stock Awards Activity (Details) - Restricted Stock [Member] - $ / shares		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Nonvested at beginning of year (in shares)	[1]	31,546	39,352
Granted (in shares)		13,258	11,149	[1]
Vested (in shares)		(11,920)	(12,167)	[1]
Forfeited (in shares)		(797)	(6,788)	[1]
Nonvested at the end of the period (in shares)		32,087	31,546	[1]
Nonvested at beginning of year, weighted-average grant date fair value (in dollars per share)	[1]	$ 7.03	$ 6
Granted, weighted-average grant date fair value (in dollars per share)		10.24	9.09	[1]
Vested, weighted-average grant date fair value (in dollars per share)		6.18	5.63	[1]
Forfeited, weighted-average grant date fair value (in dollars per share)		8.37	6.99	[1]
Nonvested at the end of the period, weighted-average grant date fair value (in dollars per share)		$ 8.63	$ 7.03	[1]
[1]	Restated for the 4% stock dividend distributed July 11, 2016.

Note 14 - Salary Continuation86

Note 14 - Salary Continuation Plan (Details Textual) - Supplemental Executive Retirement Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Salary Continuation Plan, Lifetime Payment Percentage	20.00%
Salary Continuation Plan, Base Salary Period	5 years
Salary Continuation Plan, Lifetime Payment Percentage, Additional Benefit	20.00%
Salary Continuation Plan, Base Salary Period, Additional Benefit	5 years
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 357	$ 351
Other Liabilities [Member]
Deferred Compensation Liability, Current and Noncurrent	$ 1,000	$ 666

Note 15 - Employee Benefit Pl87

Note 15 - Employee Benefit Plan (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 263	$ 240
Employee First 3 Percent [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	100.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	3.00%
Employee Next 3 Percent [Member]
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay	50.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	3.00%

Note 16 - Income Taxes (Details

Note 16 - Income Taxes (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability		$ 0.1
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		34.00%
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

Note 16 - Income Taxes - Compon

Note 16 - Income Taxes - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Current	$ 1,351	$ 1,496
Deferred	(123)	(56)
Income tax expense	$ 1,228	$ 1,440

Note 16 - Income Taxes - Income

Note 16 - Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Tax at statutory federal rate	$ 1,291	$ 1,367
Tax-exempt interest income	(116)	(201)
Cash surrender value of life insurance	(68)	(63)
Incentive stock options	24	261
Tax impact from enacted change in tax rate	100
Other	(3)	76
Income tax expense	$ 1,228	$ 1,440

Note 16 - Income Taxes - Comp91

Note 16 - Income Taxes - Components of Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets
Pre-opening expenses	$ 28	$ 62
Allowance for loan losses	528	693
Deferred compensation	215	226
Other real estate expenses	187	280
Unrealized loss on securities available for sale	38	29
Nonaccrual loan interest	9	17
Other	17	21
Deferred tax asset	1,022	1,328
Deferred tax liabilities
Property and equipment	230	305
Deferred loan fees	613	980
Other	17	13
Deferred tax liability	860	1,298
Net deferred tax asset	$ 162	$ 30

Note 17 - Commitments and Con92

Note 17 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Jul. 01, 2016	Nov. 01, 2015	Dec. 31, 2017	Dec. 31, 2016
Restricted Cash and Cash Equivalents			$ 9.6	$ 6.6
Cash, Uninsured Amount			5.9	7.2
Marketing Agreement [Member]
Purchase Obligation Term of Contract	3 years	3 years
Marketing Expense			55	$ 57.5
Purchase Obligation, Due in Next Twelve Months			65
Purchase Obligation, Due in Second Year			$ 32.5

Note 17 - Commitments and Con93

Note 17 - Commitments and Contingencies - Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Standby Letters of Credit [Member]
Standby letters of credit	$ 6,711	$ 4,255
Commitments to Extend Credit [Member]
Commitments to extend credit	$ 109,285	$ 102,277

Note 18 - Regulatory Restrict94

Note 18 - Regulatory Restrictions (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2017	Jan. 01, 2016
Retained Earnings, Unappropriated	$ 3,800
Dividends, Cash	$ 0	$ 0
Capital Conservation Buffer Required for Capital Adequacy				2.50%
Common Equity Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	5.75%	5.125%	5.75%	5.125%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	7.25%	6.625%	7.25%	6.625%
Capital Required for Capital Adequacy to Risk Weighted Assets	9.25%	8.625%	9.25%	8.625%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%	4.00%

Note 18 - Regulatory Matters -

Note 18 - Regulatory Matters - Compliance With Regulatory Capital Requirements Under Banking Regulations (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jan. 01, 2017	Dec. 31, 2016	Jan. 01, 2016
Total Capital (to Risk-weighted Assets), Actual, Amount	$ 61,257		$ 58,436
Tier I Common Equity (to Risk-Weighted Assets), Actual, Amount	57,474		54,783
Tier I Capital (to Risk-Weighted Assets), Actual, Amount	57,499		54,800
Tier I Capital (to Average Assets), Actual, Amount	$ 57,499		$ 54,800
Total Capital (to Risk-weighted Assets), Actual, Ratio	12.48%		12.59%
Tier I Common Equity (to Risk-Weighted Assets), Actual, Ratio	11.71%		11.80%
Tier I Capital (to Risk-Weighted Assets), Actual, Ratio	11.72%		11.80%
Tier I Capital (to Average Assets), Actual, Ratio	10.39%		10.67%
Total Capital (to Risk-weighted Assets), for Capital Adequacy, Amount	$ 45,403		$ 40,045
Tier I Common Equity (to Risk-Weighted Assets), for Capital Adequacy, Amount	28,222		23,795
Tier I Capital (to Risk-Weighted Assets), for Capital Adequacy, Amount	35,569		30,759
Tier I Capital (to Average Assets), for Capital Adequacy, Amount	$ 22,136		$ 20,537
Total Capital (to Risk-weighted Assets), for Capital Adequacy, Ratio	9.25%	9.25%	8.625%	8.625%
Tier I Common Equity (to Risk-Weighted Assets), for Capital Adequacy, Ratio	5.75%	5.75%	5.125%	5.125%
Tier I Capital (to Risk-Weighted Assets), for Capital Adequacy, Ratio	7.25%	7.25%	6.625%	6.625%
Tier I Capital (to Average Assets), for Capital Adequacy, Ratio	4.00%	4.00%	4.00%
Total Capital (to Risk-weighted Assets), to Be Well Capitalized, Amount	$ 49,084		$ 46,429
Tier I Common Equity (to Risk-Weighted Assets), to Be Well Capitalized, Amount	31,903		30,179
Tier I Capital (to Risk-Weighted Assets), to Be Well Capitalized, Amount	39,248		37,143
Tier I Capital (to Average Assets), to Be Well Capitalized, Amount	$ 27,670		$ 25,671
Total Capital (to Risk-weighted Assets), to Be Well Capitalized, Ratio	10.00%		10.00%
Tier I Common Equity (to Risk-Weighted Assets), to Be Well Capitalized, Ratio	6.50%		6.50%
Tier I Capital (to Risk-Weighted Assets), to Be Well Capitalized, Ratio	8.00%		8.00%
Tier I Capital (to Average Assets), to Be Well Capitalized, Ratio	5.00%		5.00%

Note 19 - Transactions With R96

Note 19 - Transactions With Related Parties (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Loans and Leases Receivable, Related Parties, Proceeds	$ 4,637	$ 4,191
Related Party Deposit Liabilities	$ 12,500	16,700
Loans Removed from Related Party Disclosure [Member]
Loans and Leases Receivable, Related Parties, Proceeds		$ 575

Note 19 - Transactions With R97

Note 19 - Transactions With Related Parties - Loan Transactions With Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Balance, beginning	$ 8,194	$ 7,124
New loans	392	5,261
Repayments	(4,637)	(4,191)
Balance, ending	$ 3,949	$ 8,194

Note 20 - Capital Transactions

Note 20 - Capital Transactions (Details Textual) - USD ($)	Jul. 11, 2016	Jun. 29, 2016	May 10, 2016	Jun. 28, 2013	Dec. 31, 2016	Dec. 31, 2015
Dividends, Common Stock, Stock, Percentge	4.00%
Common Stock Dividends, Shares	134,177
Series C Preferred Stock [Member]
Common Stock Dividends, Shares			87,037
Dividends, Preferred Stock, Paid-in-kind					$ 408,000
Conversion of Stock, Shares Converted		13,600				400
Conversion of Stock, Shares Issued		2,176,000				64,000
Private Placement [Member]
Sale of Stock, Consideration Received on Transaction				$ 14,000,000
Private Placement [Member] | Series C Preferred Stock [Member]
Sale of Stock, Number of Shares Issued in Transaction				14,000
Preferred Stock, Dividend Rate, Percentage				6.00%
Sale of Stock, Price Per Share				$ 1,000
Debt Instrument, Convertible, Conversion Price				$ 6.25

Note 21 - Reclassifications O99

Note 21 - Reclassifications Out of Other Comprehensive Income - Items Reclassified to Net Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Tax expense related to realized gains on securities sold	$ 1,228	$ 1,440
Net income	2,496	2,519
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Realized gains on sales of securities held for sale during the period	69	257
Tax expense related to realized gains on securities sold	24	87
Net income	$ 45	$ 170

Note 22 - Condensed Parent C100

Note 22 - Condensed Parent Company Financial Information - Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 21,714	$ 18,229
Other assets	1,084	875
Total assets	550,253	517,290
Liabilities and Stockholders’ Equity
Other liabilities	1,833	1,490
Subordinated notes	7,254	7,224
Total liabilities	499,361	469,065
Stockholders’ equity:
Total stockholders’ equity	50,383	47,789
Total liabilities and stockholders’ equity	550,253	517,290
Parent Company [Member]
Assets
Cash and due from banks	313	298
Investment in bank subsidiary	57,333	54,727
Other assets	3
Total assets	57,649	55,025
Liabilities and Stockholders’ Equity
Other liabilities	12	12
Subordinated notes	7,254	7,224
Total liabilities	7,266	7,236
Stockholders’ equity:
Total stockholders’ equity	50,383	47,789
Total liabilities and stockholders’ equity	$ 57,649	$ 55,025

Note 22 - Condensed Parent C101

Note 22 - Condensed Parent Company Financial Information - Condensed Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Interest expense	$ 3,046	$ 3,018
Other expense	1,839	1,517
Net income before income taxes	3,797	4,021
Income tax benefit	(1,228)	(1,440)
Net income attributable to HomeTown Bankshares Corporation	2,496	2,519
Parent Company [Member]
Dividend from Bank subsidiary	511
Income	511
Interest expense	537	536
Other expense	272	302
Expenses	809	838
Net income before income taxes	(298)	(838)
Income tax benefit	275	278
Net loss before equity in undistributed net income of subsidiary	(23)	(560)
Undistributed net income of subsidiary	2,519	3,079
Net income attributable to HomeTown Bankshares Corporation	$ 2,496	$ 2,519

Note 22 - Condensed Parent C102

Note 22 - Condensed Parent Company Financial Information - Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Net income	$ 2,496	$ 2,519
Amortization of discount on subordinated notes	30	30
Other assets	(53)	96
Decrease in interest payable	(18)	14
Decrease in other liabilities	343	229
Net cash flows provided by operating activities	4,240	6,268
Cash flows from financing activities:
Exercise of stock options	31
Net cash flows provided by financing activities	29,952	35,616
Net increase (decrease) in cash and cash equivalents	3,485	(10,516)
Cash and cash equivalents, beginning	18,229	28,745
Cash and cash equivalents, ending	21,714	18,229
Supplemental disclosure of cash flow information:
Cash payments for interest	3,064	2,974
Parent Company [Member]
Cash flows from operating activities:
Net income	2,496	2,519
Equity in undistributed net income of subsidiary bank	(2,519)	(3,079)
Amortization of discount on subordinated notes	30	30
Other assets	(3)	7
Decrease in interest payable		(18)
Decrease in other liabilities		(295)
Net cash flows provided by operating activities	4	(836)
Cash flows from financing activities:
Preferred dividend payment		(408)
Exercise of stock options	31
Net settlement of vested restricted stock	(20)	(29)
Cash in lieu of fractional shares		(5)
Net cash flows provided by financing activities	11	(442)
Net increase (decrease) in cash and cash equivalents	15	(1,278)
Cash and cash equivalents, beginning	298	1,576
Cash and cash equivalents, ending	313	298
Supplemental disclosure of cash flow information:
Cash payments for interest	$ 506	$ 554