Wolverine Bancorp Inactive 10-Q9 Aug 172017 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2017	Aug. 01, 2017
Document Information [Line Items]
Entity Registrant Name	WOLVERINE BANCORP, INC.
Entity Central Index Key	1,500,836
Trading Symbol	wbkc
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)		2,105,981
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 395	$ 318
Interest-earning demand deposits	61,753	103,316
Cash and cash equivalents	62,148	103,634
Investment securities held to maturity	0	499
Loans held for sale		238
Loans, net of allowance for loan losses of $7,288 and $9,326	314,432	320,606
Premises and equipment, net	1,051	1,127
Federal Home Loan Bank stock	2,700	2,700
Other real estate owned	198	86
Accrued interest receivable	865	846
Other assets	4,495	4,699
Total assets	385,889	434,435
Liabilities
Deposits	262,673	280,548
Federal Home Loan Bank advances	42,000	60,000
Federal funds purchased	12,000	27,000
Interest payable and other liabilities	7,003	5,913
Total liabilities	323,676	373,461
Commitments and Contingencies
Stockholders’ Equity
Common Stock, $0.01 par value per share: Authorized – 100,000,000 shares Issued and outstanding – 2,105,981 and 2,106,153 at June 30, 2017 and December 31, 2016, respectively	21	21
Unearned employee stock ownership plan (ESOP)	(1,164)	(1,215)
Additional paid-in capital	15,842	15,577
Retained earnings	47,514	46,591
Total stockholders’ equity	62,213	60,974
Total liabilities and stockholders’ equity	$ 385,889	$ 434,435

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Allowance for loan losses	$ 7,288	$ 9,326
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	2,105,981	2,106,153
Common stock, shares outstanding (in shares)	2,105,981	2,106,153

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest and Dividend Income
Loans	$ 4,210	$ 4,069	$ 8,216	$ 8,001
Investment securities and other	126	100	262	229
Total interest and dividend income	4,336	4,169	8,478	8,230
Interest Expense
Deposits	548	508	1,103	1,016
Borrowings	391	465	826	924
Total interest expense	939	973	1,929	1,940
Net Interest Income	3,397	3,196	6,549	6,290
Credit for Loan Losses	(1,450)	(200)	(2,050)	(200)
Net Interest Income After Provision for Loan Losses	4,847	3,396	8,599	6,490
Noninterest Income
Service charges and fees	60	59	129	139
Net gain on loan sales	51	112	83	208
Net gain on sale of real estate owned		10	1	37
Other	186	97	254	177
Total noninterest income	297	278	467	561
Noninterest Expense
Salaries and employee benefits	1,426	1,165	2,500	2,255
Net occupancy and equipment expense	194	196	385	403
Information technology expense	59	59	116	121
Federal deposit insurance corporation premiums (recovery)	(24)	55	6	109
Professional and services fees	826	129	1,024	223
Other real estate owned expense (recovery)	1	9	(2)	33
Loan legal expense	64	(11)	80	70
Advertising expense	27	33	58	54
Michigan business tax	45	45	90	90
Other	318	223	565	432
Total noninterest expense	2,936	1,903	4,822	3,790
Income Before Income Tax	2,208	1,771	4,244	3,261
Provision for Income Taxes	932	587	1,636	1,110
Net Income and Comprehensive Income	$ 1,276	$ 1,184	$ 2,608	$ 2,151
Earnings Per Share:
Basic (in dollars per share)	$ 0.65	$ 0.59	$ 1.32	$ 1.07
Diluted (in dollars per share)	$ 0.63	$ 0.58	$ 1.28	$ 1.05

Condensed Consolidated Stateme5

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Operating Activities
Net income	$ 2,608	$ 2,151
Items not requiring (providing) cash
Depreciation	102	114
Provision credited to expense	(2,050)	(200)
Gain on other real estate owned	(1)	(37)
Loans originated for sale	(3,551)	(6,826)
Proceeds from loans sold	3,871	6,758
Net gain on sale of loans	(83)	(208)
Share based compensation	154	173
Earned ESOP shares	168	131
Changes in
Interest receivable and other assets	162	(263)
Interest payable and other liabilities	2,468	355
Net cash provided by operating activities	3,848	2,148
Investing Activities
Net change in interest-bearing time deposits		22,850
Purchase of held to maturity securities		(498)
Proceeds from calls, maturities and pay-downs of held to maturity securities	500	500
Net change in loans	8,224	(17,210)
Proceeds from sale of real estate owned	79	119
Purchase of premises and equipment	(26)	(35)
Net cash provided by investing activities	8,777	5,726
Financing Activities
Net change in demand deposits, money market, checking and savings accounts	(16,775)	(11,567)
Net change in certificates of deposit	(1,100)	(5,633)
Repayment of Federal Home Loan Bank advances	(18,000)
Net change in Fed funds purchased	(15,000)	(24,000)
Proceeds from stock options exercised		27
Purchase of common stock	(6)	(268)
Dividends paid	(3,229)
Net cash used in financing activities	(54,110)	(41,441)
Change in Cash and Cash Equivalents	(41,485)	(33,567)
Cash and Cash Equivalents, Beginning of Period	103,634	52,865
Cash and Cash Equivalents, End of Period	62,148	19,298
Supplemental Disclosures of Cash Flows Information
Interest paid	1,906	1,876
Income taxes paid	875	600
Loans transferred to real estate owned	190	192
Dividends declared, not paid	$ 1,685

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Change in Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Unearned ESOP Shares [Member]	Retained Earnings [Member]	Total
Balances at Dec. 31, 2016	$ 21	$ 15,577	$ (1,215)	$ 46,591	$ 60,974
Net income				2,608	2,608
Purchase of 172 shares of common stock		(6)			(6)
Share based compensation expense		154			154
ESOP shares earned		117	51		168
Dividends				(1,685)	(1,685)
Balances at June 30, 2017 at Jun. 30, 2017	$ 21	$ 15,842	$ (1,164)	$ 47,514	$ 62,213

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Change in Stockholders' Equity (Unaudited) (Parentheticals)	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Additional Paid-in Capital [Member]
Treasury stock, shares purchased (in shares) \| shares	172
Retained Earnings [Member]
Dividends (in dollars per share) \| $ / shares	$ 0.80

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
Note 1 - Basis of Presentation	Jun. 30, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	Note 1: Basis of Presentation The unaudited condensed consolidated financial statements of Wolverine Bancorp, Inc. (the “Company”), the holding company of Wolverine Bank (the "Bank"), have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and the instructions to Form 10 10 01 X. not December 31, 2016 three six June 30, 2017 not may December 31, 2017 10 March 31, 2017.

Note 2 - Accounting Development

Note 2 - Accounting Developments	6 Months Ended
Note 2 - Accounting Developments	Jun. 30, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 2: Accounting Developments FASB Accounti ng Standards Update No. 2017 09 , Compensation – Stock Compensation (Topic 718 ) , Scope Modification The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2017 09, Compensation - Stock Compensation (Topic 718 718. December 15, 2017. 2017 09 not FASB ASU No. 2017 08 , Receivable – Nonrefundable Fees and Other Costs (Subtopic 31 0 - 20 ) The FASB issued ASU No. 2017 08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310 20 not The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Adoption of the ASU is not FASB ASU No. 2017 04, 350 The FASB has issued ASU No. 2017 04, Intangibles – Goodwill and Other (Topic 350 2 The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not In addition, the income tax effects of tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero 2 The amendments in this update should be adopted for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. January 1, 2017. not FASB ASU No. 2017 01, 805 The FASB has issued ASU No. 2017 01, Business Combinations (Topic 805 not The amendments in this update become effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. not FASB ASU No. 2016 15, 230 The FASB has issued ASU No. 2016 15, Statement of Cash Flows (Topic 230 eight November 2016, No. 2016 18, The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, December 15, 2018, December 15, 2019. not FASB ASU No. 2016 13, 326 The FASB has issued ASU No. 2016 13, Financial Instruments – Credit Losses (Topic 326 The ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, December 15, 2020, December 15, 2020, December 15, 2021. may December 15, 2018, not FASB ASU No. 2016 09, 718 The FASB issued ASU No. 2016 09, Compensation–Stock Compensation 718 Improvements to Employee Share-Based Payment Accounting The ASU is intended to improve the accounting for employee shared-base payments and affects all organizations that issue share-based payment awards to their employees. Several aspects of the accounting for share-based payment award transactions are simplified, including the income tax consequences, the classification of awards as either equity or liabilities, and the classification on the statement of cash flows. For public business entities, the amendments became effective for annual periods beginning after December 15, 2016, December 15, 2017, December 15, 2018. January 1, 2017 not FASB ASU No. 2016 08, 2016 10, 2016 12, 606 In May 2014, 2014 09, Revenue from Contracts with Customers March 2016, 2016 08, Principal versus Agent Considerations (Reporting Revenue Gross versus Net) April 2016, 2016 10, Identifying Performance Obligations and Licensing May 2016, 2016 12, Narrow-Scope Improvements and Practical Expedients For public business entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, 2015 14. December 15, 2016, All other entities should apply the guidance to annual reporting periods beginning after December 15, 2018, December 15, 2019. December 15, 2016, one first 2014 09. not FASB ASU No. 2016 07, 323 In March 2016, 2016 07, Investments - Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’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 The amendments require that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments became effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. not FASB ASU No. 2016 06, 815 The FASB has issued ASU No. 2016 05, Derivatives and Hedging (Topic 815 The amendments clarify what steps are required when assessing whether the economic characteristics and risks of call (put) options are clearly and closely related to the economic characteristics and risks of their debt hosts, which is one not This standard became effective for pubic business entities for fiscal year beginning after December 15, 2016 December 15, 2017, December 15, 2018. not FASB ASU No. 2016 02 842 The FASB has issued ASU No. 2016 02, Leases ● A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and ● A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no This standard will be effective for pubic business entities for fiscal year beginning after December 15, 2018 December 15, 2019 December 15, 2020. Early application is permitted for all business entities upon issuance. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not may not Adoption of the ASU is not FASB Accounting Standards Updates No. 2016 01, Financial Instruments – Overall (Subtopic 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities The FASB has issued ASU No. 2016 01, Financial Instruments – Overall (Subtopic 825 10 not The new guidance makes targeted improvements to existing U.S. GAAP by: ● Requiring equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; ● Requiring public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; ● Requiring separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; ● Eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not ● Eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; and ● Requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. The new guidance is effective for public companies for fiscal years beginning after December 15, 2017, not ASU is not

Note 3 - Securities

Note 3 - Securities	6 Months Ended
Note 3 - Securities	Jun. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 3: Securities There were no June 30, 2017. The amortized cost and approximate fair values of securities are as follows: Amortized Gross Gross Held to Maturity Securities: June 30, 2017 Treasury bond $ -- $ -- $ -- $ -- December 31, 2016 Treasury bond $ 499 $ 1 $ -- $ 500 There were no three six June 30, 2017 2016.

Note 4 - Loans and Allowance fo

Note 4 - Loans and Allowance for Loan Losses	6 Months Ended
Note 4 - Loans and Allowance for Loan Losses	Jun. 30, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 4: Loans and Allowance for Loan Losses Categories of loans include: June 30, 2017 December 31, 2016 Real Estate One-to four-family $ 32,185 $ 35,389 Home equity 3,567 4,031 Commercial mortgage loans Commercial real estate 202,513 195,924 Multifamily 52,896 54,827 Land 11,075 11,547 Construction 10,417 13,475 Commercial non-mortgage 14,850 20,047 Consumer 1,044 1,074 Total loans 328,547 336,314 Less Net deferred loan costs, premiums and discounts 540 563 Undisbursed portion of loan 6,287 5,819 Allowance for loan losses 7,288 9,326 Net Loans $ 314,432 $ 320,606 The risk characteristics of each loan portfolio segment are as follows: 1 4 f amily, h ome e quity, and c onsumer With respect to residential loans that are secured by one four one four Home equity loans secured by second one four first may not may Particularly with respect to our home equity loans, decreases in real estate values could adversely affect the value of property used as collateral for our loans. Consumer and other loans generally have greater risk compared to longer-term loans secured by improved, owner-occupied real estate, particularly consumer loans that are secured by rapidly depreciable assets, such as automobiles. In these cases, any repossessed collateral for a defaulted loan may not Commercial real estate and multifamily Commercial real estate and multifamily loans generally have greater credit risk than the owner-occupied one four one four may Land Land loans generally have greater credit risk than the owner-occupied one four may Construction Construction loans include those for one four one four not nine 75% Repayment of one four Repayment of commercial property loans and homes built by developers on speculation is normally expected from the property’s eventual rental income, income from the borrower’s operations, the personal resources of the guarantor, or the sale of the subject property. Generally, before making a commitment to fund a construction loan, we require an appraisal of the property by a state-certified or state-licensed appraiser. We generally review and inspect properties before disbursement of funds during the term of the construction loan. Construction financing generally involves greater credit risk than long-term financing on improved, owner-occupied real estate. Risk of loss on a construction loan depends largely upon the accuracy of the initial estimate of the value of the property at completion of construction compared to the estimated cost (including interest) of construction and other assumptions. If the estimate of construction cost is inaccurate, we may may not may not Commercial non-mortgage Commercial non-mortgage loans generally have a greater credit risk than residential mortgage loans. Unlike residential mortgage loans, which generally are made on the basis of the borrower’s ability to make repayment from his or her employment and other income, and which are secured by real property whose value tends to be more easily ascertainable, commercial non-mortgage loans are of higher risk and typically are made on the basis of the borrower’s ability to make repayment from the cash flow of the borrower’s business. As a result, the availability of funds for the repayment of commercial non-mortgage loans may may may may In determining the appropriate level of allowance for loan loss, we analyze various components of our portfolio. The following components are analyzed: all substandard loans on an individual basis; all loans that are designated special mention or closely monitored; loans not We also factor in historical loss experience and qualitative considerations, including trends in charge offs and recoveries; trends in delinquencies and impaired/classified loans; effects of credit concentrations; changes in underwriting standards and loan review system; experience in lending staff; current industry conditions; and current market conditions. The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of June 30, 2017, December 31, 2016 June 30, 2016: Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of June 30, 2017 Allowance for loan losses: Balance, beginning of period $ 798 $ 49 $ 5,422 $ 1,084 $ 1,142 $ 294 $ 524 $ 13 $ 9,326 Provision credited to expense (214 ) (13 ) (317 ) (337 ) (889 ) (86 ) (191 ) (3 ) (2,050 ) Losses charged off - - - - - - - - - Recoveries 11 - - - - - - 1 12 Balance, end of period $ 595 $ 36 $ 5,105 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,288 Ending Balance: individually evaluated for impairment $ - $ - $ 250 $ - $ - $ - $ - $ - $ 250 Ending balance: collectively evaluated for impairment $ 595 $ 36 $ 4,855 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,038 Loans: Ending Balance $ 32,185 $ 3,567 $ 202,513 $ 52,896 $ 11,075 $ 10,417 $ 14,850 $ 1,044 $ 328,547 Ending Balance: individually evaluated for impairment $ 943 $ - $ 6,486 $ 6,150 $ 343 $ - $ - $ - $ 13,922 Ending balance: collectively evaluated for impairment $ 31,242 $ 3,567 $ 190,027 $ 46,746 $ 10,732 $ 10,417 $ 14,850 $ 1,044 $ 314,625 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Quarter to date analysis as of June 30, 2017 Allowance for loan losses: Balance, beginning of period $ 753 $ 40 $ 5,870 $ 872 $ 540 $ 270 $ 375 $ 14 $ 8,734 Provision credited to expense (162 ) (4 ) (765 ) (125 ) (287 ) (62 ) (42 ) (3 ) (1,450 ) Losses charged off - - - - - - - - - Recoveries 4 - - - - - - - 4 Balance, end of period $ 595 $ 36 $ 5,105 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,288 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of December 31, 2016 Allowance for loan losses: Balance, beginning of period $ 948 $ 108 $ 4,913 $ 1,515 $ 1,605 $ 604 $ 344 $ 24 $ 10,061 Provision (credit) charged to expense (137 ) (59 ) 555 (431 ) (544 ) (310 ) 180 (14 ) (760 ) Losses charged off (67 ) - (85 ) - - - - (1 ) (153 ) Recoveries 54 - 39 - 81 - - 4 178 Balance, end of period $ 798 $ 49 $ 5,422 $ 1,084 $ 1,142 $ 294 $ 524 $ 13 $ 9,326 Ending Balance: individually evaluated for impairment $ - $ - $ 235 $ - $ 550 $ - $ - $ - $ 785 Ending balance: collectively evaluated for impairment $ 798 $ 49 $ 5,187 $ 1,084 $ 592 $ 294 $ 524 $ 13 $ 8,541 Loans: Ending Balance $ 35,389 $ 4,031 $ 195,924 $ 54,827 $ 11,547 $ 13,475 $ 20,047 $ 1,074 $ 336,314 Ending Balance: individually evaluated for impairment $ 1,500 $ - $ 8,103 $ 6,311 $ 1,061 $ - $ - $ - $ 16,975 Ending balance: collectively evaluated for impairment $ 33,889 $ 4,031 $ 187,821 $ 48,516 $ 10,486 $ 13,475 $ 20,047 $ 1,074 $ 319,339 Loan Class 1- 4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of June 30, 2016 Allowance for loan losses: Balance, beginning of period $ 948 $ 108 $ 4,913 $ 1,515 $ 1,605 $ 604 $ 344 $ 24 $ 10,061 Provision charged (credited) to expense (190 ) (45 ) 777 (250 ) (168 ) (354 ) 43 (13 ) (200 ) Losses charged off (67 ) - (61 ) - - - - - (128 ) Recoveries 27 - 39 - 29 - - 1 96 Balance, end of period $ 718 $ 63 $ 5,668 $ 1,265 $ 1,466 $ 250 $ 387 $ 12 $ 9,829 Ending Balance: individually evaluated for impairment $ - $ - $ 315 $ - $ 750 $ - $ - $ - $ 1,065 Ending balance: collectively evaluated for impairment $ 718 $ 63 $ 5,353 $ 1,265 $ 716 $ 250 $ 387 $ 12 $ 8,764 Loans: Ending Balance $ 38,088 $ 4,622 $ 198,480 $ 59,823 $ 12,197 $ 12,764 $ 19,135 $ 1,071 $ 346,180 Ending Balance: individually evaluated for impairment $ 1,071 $ - $ 8,095 $ 7,003 $ 1,520 $ - $ - $ - $ 17,689 Ending balance: collectively evaluated for impairment $ 37,017 $ 4,622 $ 190,385 $ 52,820 $ 10,677 $ 12,764 $ 19,135 $ 1,071 $ 328,491 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Quarter to date analysis as of June 30, 2016 Allowance for loan losses: Balance, beginning of period $ 909 $ 99 $ 4,822 $ 1,409 $ 1,634 $ 736 $ 392 $ 23 $ 10,024 Provision charged (credited) to expense (213 ) (36 ) 891 (144 ) (196 ) (486 ) (5 ) (11 ) (200 ) Losses charged off (1 ) - (45 ) - - - - - (46 ) Recoveries 23 - - - 28 - - - 51 Balance, end of period $ 718 $ 63 $ 5,668 $ 1,265 $ 1,466 $ 250 $ 387 $ 12 $ 9,829 Consistent with regulatory guidance, charge offs on all loan segments are taken when specific loans, or portions thereof, are considered uncollectible. Our policy is to promptly charge these loans off in the period the uncollectible loss is reasonably determined. For all loan portfolio segments except one four not 1 2 3 We charge off one four one four first 180 180 120 not The following table presents the credit risk profile of our loan portfolio based on rating category and payment activity as of June 30, 2017 December 31, 2016: 1-4 Family Home Equity Commercial Real Estate 2017 2016 2017 2016 2017 2016 Pass $ 30,888 $ 33,787 $ 3,567 $ 4,031 $ 181,794 $ 173,375 Pass (Closely Monitored) 331 490 - - 14,438 14,349 Special Mention 239 241 - - 1,247 2,630 Substandard 727 871 - - 5,034 5,570 Doubtful - - - - - - Loss - - - - - - $ 32,185 $ 35,389 $ 3,567 $ 4,031 $ 202,513 $ 195,924 Multifamily Land Construction 2017 2016 2017 2016 2017 2016 Pass $ 49,741 $ 48,241 $ 9,932 $ 9,631 $ 10,417 $ 13,475 Pass (Closely Monitored) 3,155 6,586 801 855 - - Special Mention - - - - - - Substandard - - 342 1,061 - - Doubtful - - - - - - Loss - - - - - - $ 52,896 $ 54,827 $ 11,075 $ 11,547 $ 10,417 $ 13,475 Commercial Non-Mortgage Consumer Total 2017 2016 2017 2016 2017 2016 Pass $ 12,152 $ 16,500 $ 1,044 $ 1,074 $ 299,535 $ 300,114 Pass (Closely Monitored) 488 658 - - 19,213 22,938 Special Mention 2,210 2,889 - - 3,696 5,760 Substandard - - - - 6,103 7,502 Doubtful - - - - - - Loss - - - - - - $ 14,850 $ 20,047 $ 1,044 $ 1,074 $ 328,547 $ 336,314 We categorize loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation and current economic trends, among other factors. We analyze loans individually by classifying the loans as to credit risk. This analysis is performed during the loan approval process and is updated as circumstances warrant. The Pass asset quality rating encompasses assets that have performed as expected. These assets generally do not The Closely Monitored asset quality rating encompasses assets that have been brought to the attention of management and may, not first may may The Special Mention asset quality rating encompasses assets that have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may not not not The Substandard asset quality rating encompasses assets that are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any; assets having a well-defined weakness(es) based upon objective evidence; assets characterized by the distinct possibility that we will sustain some loss if the deficiencies are not not may The Doubtful asset quality rating encompasses assets that have all of the weaknesses of those classified as Substandard. In addition, these weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. The Loss asset quality rating encompasses assets that are considered uncollectible and of such little value that their continuance as assets of the Bank is not not no not may The following table is a summary of our past due and non-accrual loans as of June 30, 2017 December 31, 2016: As of June 30, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Total Loans >90 Days & Accruing Total Nonaccrual 1-4 Family $ - $ 70 $ 219 $ 289 $ 31,896 $ 32,185 $ - $ 335 Home Equity 11 - - 11 3,556 3,567 - - Commercial Real Estate 184 635 - 819 201,694 202,513 - 3,789 Multifamily - - - - 52,896 52,896 - - Land - - 343 343 10,732 11,075 - 343 Construction - - - - 10,417 10,417 - - Commercial Non-Mortgage - - - - 14,850 14,850 - - Consumer - - - - 1,044 1,044 - - Total $ 195 $ 705 $ 562 $ 1,462 $ 327,085 $ 328,547 $ - $ 4,467 As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Total Loans >90 Days & Accruing Total Nonaccrual 1-4 Family $ 165 $ 94 $ 137 $ 396 $ 34,993 $ 35,389 $ - $ 137 Home Equity - - - - 4,031 4,031 - - Commercial Real Estate - 648 100 748 195,176 195,924 - 4,872 Multifamily - - - - 54,827 54,827 - - Land - - 1,061 1,061 10,486 11,547 - 1,061 Construction - - - - 13,475 13,475 - - Commercial Non-Mortgage - - - - 20,047 20,047 - - Consumer - - - - 1,074 1,074 - - Total $ 165 $ 742 $ 1,298 $ 2,205 $ 334,109 $ 336,314 $ - $ 6,070 The accrual of interest is discontinued on all loan classes at the time the loan is 90 not All interest accrued but not no not six A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310 10 35 16 These concessions could include a reduction in the interest rate on the loan, payment extensions, forgiveness of principal, forbearance or other actions intended to maximize collection. Interest income on loans individually classified as impaired is recognized on a cash basis after all past due and current principal payments have been made. June 30, 2017: Unpaid QTD YTD QTD YTD Recorded Principal Specific Average Average Interest Interest Balance Balance Allowance Balance Balance Income Income Loans without a specific valuation allowance: 1-4 Family $ 943 $ 1,067 $ - $ 1,155 $ 1,181 $ 4 $ 13 Home Equity - - - - - - - Commercial real estate 5,780 7,838 - 6,308 6,850 17 56 Multi Family 6,150 6,964 - 6,195 6,234 129 168 Land 343 2,507 - 510 694 31 31 Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ 120 $ 80 $ - $ 2 Home Equity - - - - - - - Commercial real estate 706 706 250 1,397 855 2 10 Multi Family - - - - - - - Land - - - - - - - Construction - - - - - - - Commercial Non-Mortgage - - - 1,264 842 - 35 Consumer - - - - - - - Totals 1-4 Family $ 943 $ 1,067 $ - $ 1,275 $ 1,261 $ 4 $ 15 Home Equity - - - - - - - Commercial real estate 6,486 8,544 250 7,705 7,705 19 66 Multi Family 6,150 6,964 - 6,195 6,234 129 168 Land 343 2,507 - 510 694 31 31 Construction - - - - - - - Commercial Non-Mortgage - - - 1,264 842 - 35 Consumer - - - - - - - Total $ 13,922 $ 19,082 $ 250 $ 16,949 $ 16,736 $ 183 $ 315 The following table presents impaired loans at December 31, 2016: Unpaid YTD YTD Recorded Principal Specific Average Interest Balance Balance Allowance Balance Income Loans without a specific valuation allowance: 1-4 Family $ 1,500 $ 1,620 $ - $ 1,311 $ 70 Home Equity - - - - - Commercial real estate 7,494 9,669 - 8,296 426 Multi Family 6,311 7,125 - 6,884 402 Land - - - 24 - Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ - $ - Home Equity - - - - - Commercial real estate 609 695 235 385 41 Multi Family - - - - - Land 1,061 3,158 550 1,832 123 Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Totals 1-4 Family $ 1,500 $ 1,620 $ - $ 1,311 $ 70 Home Equity - - - - - Commercial real estate 8,103 10,364 235 8,681 467 Multi Family 6,311 7,125 - 6,884 402 Land 1,061 3,158 550 1,856 123 Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Total $ 16,975 $ 22,267 $ 785 $ 18,773 $ 1,062 The following table presents impaired loans at June 30, 2016: Unpaid QTD YTD QTD YTD Recorded Principal Specific Average Average Interest Interest Balance Balance Allowance Balance Balance Income Income Loans without a specific valuation allowance: 1-4 Family $ 1,071 $ 1,198 $ - $ 1,184 $ 1,271 $ 14 $ 24 Home Equity - - - - - - - Commercial real estate 7,599 9,575 - 8,941 9,265 52 99 Multi Family 7,003 7,850 - 7,242 7,454 129 204 Land - - - 48 45 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ - $ - $ - $ - Home Equity - - - - - - - Commercial real estate 496 550 315 248 165 4 4 Multi Family - - - - - - - Land 1,520 3,417 750 1,598 1,680 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Totals 1-4 Family $ 1,071 $ 1,198 $ - $ 1,184 $ 1,271 $ 14 $ 24 Home Equity - - - - - - - Commercial real estate 8,095 10,125 315 9,189 9,430 56 103 Multi Family 7,003 7,850 - 7,242 7,454 129 204 Land 1,520 3,417 750 1,646 1,725 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Total $ 17,689 $ 22,590 $ 1,065 $ 19,261 $ 19,880 $ 199 $ 331 Interest payments on impaired loans are typically applied to principal unless collectability of the principal amount is reasonably assumed, in which case interest is recognized on a cash basis and is reasonable compared to interest income noted above. Troubled Debt Restructuring (TDR) We may not may We identify loans for potential restructure primarily through direct communication with the borrower and evaluation of the borrower’s financial statements, revenue projections, tax returns, and credit reports. Even if the borrower is not may For one four may not When considering a loan restructure, management will determine if: (i) the financial distress is short or long term; (ii) loan concessions are necessary; and (iii) the restructure is a viable solution. When a loan is restructured, the new terms often require a reduced monthly debt service payment. No six no For retail loans, an analysis of the individual’s ability to service the new required payments is performed. If the borrower is capable of servicing the newly restructured debt and the underlying collateral value is believed to be sufficient to repay the debt in the event of a future default, the new loan can be placed on accrual status after six six There were no six June 30, 2017. 90 twelve Management monitors the TDRs based on the type of modification or concession granted to the borrower. These types of modifications may The following table summarizes the loans that were restructured as TDRs during the three six June 30, 2017 2016: Three m onths e nded Six months ended June 30, 201 7 June 30, 201 7 Balance Balance Balance Balance prior to after prior to after Count TDR TDR Count TDR TDR (Dollars in thousands) One-to four Family 2 116 116 2 116 116 Total loans 2 $ 116 $ 116 2 $ 116 $ 116 The one four 2017 Three months ended Six months ended June 30, 2016 June 30, 2016 Balance Balance Balance Balance prior to after prior to after Count TDR TDR Count TDR TDR (Dollars in thousands) Commercial real estate - - - 1 996 996 Total loans - $ - $ - 1 $ 996 $ 996 The commercial real estate TDR in 2016

Note 5 - Disclosures About Fair

Note 5 - Disclosures About Fair Value of Assets and Liabilities	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 5: Disclosures About Fair Value of Assets and Liabilities ASC Topic 820, Fair Value Measurements 820 three may Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 1 not Level 3 no Following is a description of the valuation methodologies used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying condensed consolidated balance sheets, as well as the general classification of such assets under the valuation hierarchy. We have no no Recurring and Nonrecurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2017 December 31, 2016. Fair Value Measurements Using Fair Quoted Prices Significant Significant June 30, 2017 Collateral-dependent i mpaired loans $ 461 $ -- $ -- $ 461 December 31, 2016 Collateral-dependent i mpaired loans $ 885 $ -- $ -- $ 885 Collateral-dependent Impaired Loans The estimated fair value of collateral-dependent impaired loans is based on the appraised fair value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 The Company considers the appraisal or an evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may may Unobservable (Level 3 The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 June 30, 2017 December 31, 2016. Collateral-dependent Impaired Loans Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) As of June 30, 2017 Collateral-dependent impaired loans $ 461 Market comparable properties Marketability discount 0 - 17.5% (3%) December 31, 2016 Collateral-dependent impaired loans $ 885 Market comparable properties Marketability discount 3 - 13% (6%) Fair Value of Financial Instruments The following table presents estimated fair values of our financial instruments recognized in the accompanying consolidated balance sheets at amounts other than fair value at the individual dates. The fair values of certain instruments were calculated by discounting expected cash flows, which involves significant judgments by management and uncertainties. Because no not not Fair Value Measurements Using As of June 30, 2017 Carrying Amount Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 62,148 $ 62,148 $ - $ - Loans, net of allowance for loan losses 314,432 - - 317,161 Federal Home Loan Bank stock 2,700 - 2,700 - Interest receivable 865 - 865 - Financial liabilities Deposits $ 262,673 $ 152,139 $ - $ 111,646 Federal Home Loan Bank advances 42,000 - 41,381 - Federal funds purchased 12,000 - 12,000 - Interest payable 85 - 85 - Fair Value Measurements Using As of December 31, 2016 Carrying Amount Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 103,634 $ 103,634 $ - $ - Held to maturity securities 499 - 500 - Loans held for sale 238 - 239 - Loans, net of allowance for loan losses 320,606 - - 323,601 Federal Home Loan Bank stock 2,700 - 2,700 - Interest receivable 846 - 846 - Financial liabilities Deposits $ 280,548 $ 153,290 $ - $ 128,655 Federal Home Loan Bank advances 60,000 - 59,187 - Federal funds purchased 27,000 - 27,000 - Interest payable 249 - 249 - The following methods and assumptions were used to estimate the fair value of all other financial instruments recognized in the accompanying consolidated balance sheets at amounts other than fair value. Cash and Cash Equivalents, Federal Home Loan Bank Stock, Federal Funds Purchased, Interest Receivable, and Interest Payable The carrying amount approximates fair value. Held to Maturity Securities Fair values equal quoted market prices, if available. If quoted market prices are not Loans Held for Sale Fair value of loans held for sale is estimated by discounting the future cash flows using the market rates at which similar loans would be made to borrowers with similar remaining maturities. Loans The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics were aggregated for purposes of the calculations. Deposits Deposits include demand deposits, savings accounts, checking accounts and certain money market deposits. The carrying amount approximates fair value. The fair value of fixed-maturity time deposits is estimated using a discounted cash flow calculation that applies the rates currently offered for deposits of similar remaining maturities. Federal Home Loan Bank Advances Rates currently available to us for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. Commitments to Originate Loans, Letters of Credit and Lines of Credit Loan commitments and letters-of-credit generally have short-term, variable rate features and contain clauses, which limit our exposure to changes in customer credit quality. Accordingly, their carrying values, which are immaterial at the respective balance sheet dates, are reasonable estimates of fair value.

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	6 Months Ended
Note 6 - Earnings Per Share	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 6: Earnings Per Share (In thousands except per share amounts) Basic earnings per common share (“EPS”) excludes dilution and is computed by dividing net income applicable to common stock by the weighted average number of common shares outstanding for the year. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock (such as stock options) were exercised or converted into additional common shares that would then share in the earnings of the entity. Diluted EPS is computed by dividing net income applicable to common stock by the weighted average number of common shares outstanding for the year, plus an incremental number of common-equivalent shares computed using the treasury stock method. Unvested share-based payment awards, which include the right to receive non-forfeitable dividends or dividend equivalents, are considered to participate with common stock in undistributed earnings for purposes of computing EPS. Accordingly, the Company is required to calculate basic and diluted EPS using the two two Unearned ESOP shares, which are not Earnings per share analysis for the three six June 30, 2017 2016 Three months ended June 30, Three months ended June 30, 2017 2016 Net Income $ 1,276 $ 1,184 Dividends and undistributed earnings allocated to participating securities (12 ) (20 ) Income attributable to common shareholders $ 1,264 $ 1,164 Weighted average shares outstanding (in thousands) 2,106 2,152 Less: average unearned ESOP and unvested restricted stock (148 ) (177 ) Average Shares 1,958 1,975 Effect of dilutive based awards 55 32 Average common and common-equivalent shares for diluted EPS (in thousands) 2,013 2,007 Basic EPS $ 0.65 $ 0.59 Diluted EPS $ 0.63 $ 0.58 Six months ended June 30, Six months ended June 30, 2017 2016 Net Income $ 2,608 $ 2,151 Dividends and undistributed earnings allocated to participating securities (25 ) (37 ) Income attributable to common shareholders $ 2,583 $ 2,114 Weighted average shares outstanding (in thousands) 2,106 2,154 Less: average unearned ESOP and unvested restricted stock (148 ) (177 ) Average Shares 1,958 1,977 Effect of dilutive based awards 54 32 Average common and common-equivalent shares for diluted EPS (in thousands) 2,012 2,009 Basic EPS $ 1.32 $ 1.07 Diluted EPS $ 1.28 $ 1.05

Note 7 - Share-based Compensati

Note 7 - Share-based Compensation	6 Months Ended
Note 7 - Share-based Compensation	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 7: Share-Based Compensation In May 2012, 2012 five Until such time as awards of stock are granted and vest or options are exercised, shares of the Company’s common stock under the Plan shall be authorized but unissued shares. The maximum number of shares authorized under the Plan is 351,050. six June 30, 2017 2016 $154 $173, Stock Options The table below presents the stock option activity for the period shown : Options Weighted a verage exercise price Remaining contractual life (years) Aggregate intrinsic value (in thousands) Options outstanding at January 1, 2017 181,585 $ 20.76 7 $ 1,956 Granted -- -- -- -- Exercised -- -- -- -- Forfeited -- -- -- -- Expired -- -- -- -- Options outstanding at June 30, 2017 181,585 $ 20.87 7 $ 3,496 Exercisable at June 30, 2017 93,248 $ 17.49 5 $ 2,110 As of June 30, 2017, $140 three six June 30, 2017 $16 $33 three six June 30, 2016 $17 $33 Restricted Stock Awards Restricted stock awards are accounted for as fixed grants using the fair value of the Company’s stock at the time of grant. Unvested restricted stock awards may not The table below presents the restricted stock award activity for the period shown: Service-Based Restricted stock awards Weighted average grant date fair value Non-vested at January 1, 2017 26,572 $ 22.38 Granted - - Vested (509 ) 24.97 Forfeited - - Non-vested at June 30, 2017 26,063 22.33 As of June 30, 2017, $391 five three six June 30, 2017 $58 $121 three six June 30, 2016 $69 $140

Note 8 - Pending Merger

Note 8 - Pending Merger	6 Months Ended
Note 8 - Pending Merger	Jun. 30, 2017
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	Note 8: Pending Merger On June 13, 2017, Subject to the terms and conditions of the Merger Agreement, upon the completion of the Merger, each share of outstanding Company common stock, $0.01 1.0152 no $14.00 June 13, 2017 $27.50 $91.8

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
Significant Accounting Policies (Policies)	Jun. 30, 2017
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	FASB Accounti ng Standards Update No. 2017 09 , Compensation – Stock Compensation (Topic 718 ) , Scope Modification The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2017 09, Compensation - Stock Compensation (Topic 718 718. December 15, 2017. 2017 09 not FASB ASU No. 2017 08 , Receivable – Nonrefundable Fees and Other Costs (Subtopic 31 0 - 20 ) The FASB issued ASU No. 2017 08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310 20 not The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Adoption of the ASU is not FASB ASU No. 2017 04, 350 The FASB has issued ASU No. 2017 04, Intangibles – Goodwill and Other (Topic 350 2 The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not In addition, the income tax effects of tax deductible goodwill on the carrying amount of the reporting unit should be considered when measuring the goodwill impairment loss, if applicable. The amendments also eliminate the requirements for any reporting unit with a zero 2 The amendments in this update should be adopted for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. January 1, 2017. not FASB ASU No. 2017 01, 805 The FASB has issued ASU No. 2017 01, Business Combinations (Topic 805 not The amendments in this update become effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. not FASB ASU No. 2016 15, 230 The FASB has issued ASU No. 2016 15, Statement of Cash Flows (Topic 230 eight November 2016, No. 2016 18, The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, December 15, 2018, December 15, 2019. not FASB ASU No. 2016 13, 326 The FASB has issued ASU No. 2016 13, Financial Instruments – Credit Losses (Topic 326 The ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, December 15, 2020, December 15, 2020, December 15, 2021. may December 15, 2018, not FASB ASU No. 2016 09, 718 The FASB issued ASU No. 2016 09, Compensation–Stock Compensation 718 Improvements to Employee Share-Based Payment Accounting The ASU is intended to improve the accounting for employee shared-base payments and affects all organizations that issue share-based payment awards to their employees. Several aspects of the accounting for share-based payment award transactions are simplified, including the income tax consequences, the classification of awards as either equity or liabilities, and the classification on the statement of cash flows. For public business entities, the amendments became effective for annual periods beginning after December 15, 2016, December 15, 2017, December 15, 2018. January 1, 2017 not FASB ASU No. 2016 08, 2016 10, 2016 12, 606 In May 2014, 2014 09, Revenue from Contracts with Customers March 2016, 2016 08, Principal versus Agent Considerations (Reporting Revenue Gross versus Net) April 2016, 2016 10, Identifying Performance Obligations and Licensing May 2016, 2016 12, Narrow-Scope Improvements and Practical Expedients For public business entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, 2015 14. December 15, 2016, All other entities should apply the guidance to annual reporting periods beginning after December 15, 2018, December 15, 2019. December 15, 2016, one first 2014 09. not FASB ASU No. 2016 07, 323 In March 2016, 2016 07, Investments - Equity Method and Joint Ventures: Simplifying the Transition to the Equity Method of Accounting The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’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 The amendments require that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments became effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. not FASB ASU No. 2016 06, 815 The FASB has issued ASU No. 2016 05, Derivatives and Hedging (Topic 815 The amendments clarify what steps are required when assessing whether the economic characteristics and risks of call (put) options are clearly and closely related to the economic characteristics and risks of their debt hosts, which is one not This standard became effective for pubic business entities for fiscal year beginning after December 15, 2016 December 15, 2017, December 15, 2018. not FASB ASU No. 2016 02 842 The FASB has issued ASU No. 2016 02, Leases ● A lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and ● A right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, lessor accounting with the lessee accounting model and Topic 606, Revenue from Contracts with Customers The new lease guidance simplified the accounting for sale and leaseback transactions primarily because lessees must recognize lease assets and lease liabilities. Lessees will no This standard will be effective for pubic business entities for fiscal year beginning after December 15, 2018 December 15, 2019 December 15, 2020. Early application is permitted for all business entities upon issuance. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not may not Adoption of the ASU is not FASB Accounting Standards Updates No. 2016 01, Financial Instruments – Overall (Subtopic 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities The FASB has issued ASU No. 2016 01, Financial Instruments – Overall (Subtopic 825 10 not The new guidance makes targeted improvements to existing U.S. GAAP by: ● Requiring equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; ● Requiring public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; ● Requiring separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements; ● Eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not ● Eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; and ● Requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. The new guidance is effective for public companies for fiscal years beginning after December 15, 2017, not ASU is not

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	6 Months Ended
Note 3 - Securities (Tables)	Jun. 30, 2017
Notes Tables
Held-to-maturity Securities [Table Text Block]	Amortized Gross Gross Held to Maturity Securities: June 30, 2017 Treasury bond $ -- $ -- $ -- $ -- December 31, 2016 Treasury bond $ 499 $ 1 $ -- $ 500

Note 4 - Loans and Allowance 18

Note 4 - Loans and Allowance for Loan Losses (Tables)	6 Months Ended
Note 4 - Loans and Allowance for Loan Losses (Tables)	Jun. 30, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2017 December 31, 2016 Real Estate One-to four-family $ 32,185 $ 35,389 Home equity 3,567 4,031 Commercial mortgage loans Commercial real estate 202,513 195,924 Multifamily 52,896 54,827 Land 11,075 11,547 Construction 10,417 13,475 Commercial non-mortgage 14,850 20,047 Consumer 1,044 1,074 Total loans 328,547 336,314 Less Net deferred loan costs, premiums and discounts 540 563 Undisbursed portion of loan 6,287 5,819 Allowance for loan losses 7,288 9,326 Net Loans $ 314,432 $ 320,606
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of June 30, 2017 Allowance for loan losses: Balance, beginning of period $ 798 $ 49 $ 5,422 $ 1,084 $ 1,142 $ 294 $ 524 $ 13 $ 9,326 Provision credited to expense (214 ) (13 ) (317 ) (337 ) (889 ) (86 ) (191 ) (3 ) (2,050 ) Losses charged off - - - - - - - - - Recoveries 11 - - - - - - 1 12 Balance, end of period $ 595 $ 36 $ 5,105 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,288 Ending Balance: individually evaluated for impairment $ - $ - $ 250 $ - $ - $ - $ - $ - $ 250 Ending balance: collectively evaluated for impairment $ 595 $ 36 $ 4,855 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,038 Loans: Ending Balance $ 32,185 $ 3,567 $ 202,513 $ 52,896 $ 11,075 $ 10,417 $ 14,850 $ 1,044 $ 328,547 Ending Balance: individually evaluated for impairment $ 943 $ - $ 6,486 $ 6,150 $ 343 $ - $ - $ - $ 13,922 Ending balance: collectively evaluated for impairment $ 31,242 $ 3,567 $ 190,027 $ 46,746 $ 10,732 $ 10,417 $ 14,850 $ 1,044 $ 314,625 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Quarter to date analysis as of June 30, 2017 Allowance for loan losses: Balance, beginning of period $ 753 $ 40 $ 5,870 $ 872 $ 540 $ 270 $ 375 $ 14 $ 8,734 Provision credited to expense (162 ) (4 ) (765 ) (125 ) (287 ) (62 ) (42 ) (3 ) (1,450 ) Losses charged off - - - - - - - - - Recoveries 4 - - - - - - - 4 Balance, end of period $ 595 $ 36 $ 5,105 $ 747 $ 253 $ 208 $ 333 $ 11 $ 7,288 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of December 31, 2016 Allowance for loan losses: Balance, beginning of period $ 948 $ 108 $ 4,913 $ 1,515 $ 1,605 $ 604 $ 344 $ 24 $ 10,061 Provision (credit) charged to expense (137 ) (59 ) 555 (431 ) (544 ) (310 ) 180 (14 ) (760 ) Losses charged off (67 ) - (85 ) - - - - (1 ) (153 ) Recoveries 54 - 39 - 81 - - 4 178 Balance, end of period $ 798 $ 49 $ 5,422 $ 1,084 $ 1,142 $ 294 $ 524 $ 13 $ 9,326 Ending Balance: individually evaluated for impairment $ - $ - $ 235 $ - $ 550 $ - $ - $ - $ 785 Ending balance: collectively evaluated for impairment $ 798 $ 49 $ 5,187 $ 1,084 $ 592 $ 294 $ 524 $ 13 $ 8,541 Loans: Ending Balance $ 35,389 $ 4,031 $ 195,924 $ 54,827 $ 11,547 $ 13,475 $ 20,047 $ 1,074 $ 336,314 Ending Balance: individually evaluated for impairment $ 1,500 $ - $ 8,103 $ 6,311 $ 1,061 $ - $ - $ - $ 16,975 Ending balance: collectively evaluated for impairment $ 33,889 $ 4,031 $ 187,821 $ 48,516 $ 10,486 $ 13,475 $ 20,047 $ 1,074 $ 319,339 Loan Class 1- 4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Year to date analysis as of June 30, 2016 Allowance for loan losses: Balance, beginning of period $ 948 $ 108 $ 4,913 $ 1,515 $ 1,605 $ 604 $ 344 $ 24 $ 10,061 Provision charged (credited) to expense (190 ) (45 ) 777 (250 ) (168 ) (354 ) 43 (13 ) (200 ) Losses charged off (67 ) - (61 ) - - - - - (128 ) Recoveries 27 - 39 - 29 - - 1 96 Balance, end of period $ 718 $ 63 $ 5,668 $ 1,265 $ 1,466 $ 250 $ 387 $ 12 $ 9,829 Ending Balance: individually evaluated for impairment $ - $ - $ 315 $ - $ 750 $ - $ - $ - $ 1,065 Ending balance: collectively evaluated for impairment $ 718 $ 63 $ 5,353 $ 1,265 $ 716 $ 250 $ 387 $ 12 $ 8,764 Loans: Ending Balance $ 38,088 $ 4,622 $ 198,480 $ 59,823 $ 12,197 $ 12,764 $ 19,135 $ 1,071 $ 346,180 Ending Balance: individually evaluated for impairment $ 1,071 $ - $ 8,095 $ 7,003 $ 1,520 $ - $ - $ - $ 17,689 Ending balance: collectively evaluated for impairment $ 37,017 $ 4,622 $ 190,385 $ 52,820 $ 10,677 $ 12,764 $ 19,135 $ 1,071 $ 328,491 Loan Class 1-4 Family Home Equity Commercial Real Estate Multifamily Land Construction Commercial Non- Mortgage Consumer Total Quarter to date analysis as of June 30, 2016 Allowance for loan losses: Balance, beginning of period $ 909 $ 99 $ 4,822 $ 1,409 $ 1,634 $ 736 $ 392 $ 23 $ 10,024 Provision charged (credited) to expense (213 ) (36 ) 891 (144 ) (196 ) (486 ) (5 ) (11 ) (200 ) Losses charged off (1 ) - (45 ) - - - - - (46 ) Recoveries 23 - - - 28 - - - 51 Balance, end of period $ 718 $ 63 $ 5,668 $ 1,265 $ 1,466 $ 250 $ 387 $ 12 $ 9,829
Financing Receivable Credit Quality Indicators [Table Text Block]	1-4 Family Home Equity Commercial Real Estate 2017 2016 2017 2016 2017 2016 Pass $ 30,888 $ 33,787 $ 3,567 $ 4,031 $ 181,794 $ 173,375 Pass (Closely Monitored) 331 490 - - 14,438 14,349 Special Mention 239 241 - - 1,247 2,630 Substandard 727 871 - - 5,034 5,570 Doubtful - - - - - - Loss - - - - - - $ 32,185 $ 35,389 $ 3,567 $ 4,031 $ 202,513 $ 195,924 Multifamily Land Construction 2017 2016 2017 2016 2017 2016 Pass $ 49,741 $ 48,241 $ 9,932 $ 9,631 $ 10,417 $ 13,475 Pass (Closely Monitored) 3,155 6,586 801 855 - - Special Mention - - - - - - Substandard - - 342 1,061 - - Doubtful - - - - - - Loss - - - - - - $ 52,896 $ 54,827 $ 11,075 $ 11,547 $ 10,417 $ 13,475 Commercial Non-Mortgage Consumer Total 2017 2016 2017 2016 2017 2016 Pass $ 12,152 $ 16,500 $ 1,044 $ 1,074 $ 299,535 $ 300,114 Pass (Closely Monitored) 488 658 - - 19,213 22,938 Special Mention 2,210 2,889 - - 3,696 5,760 Substandard - - - - 6,103 7,502 Doubtful - - - - - - Loss - - - - - - $ 14,850 $ 20,047 $ 1,044 $ 1,074 $ 328,547 $ 336,314
Past Due Financing Receivables [Table Text Block]	As of June 30, 2017 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Total Loans >90 Days & Accruing Total Nonaccrual 1-4 Family $ - $ 70 $ 219 $ 289 $ 31,896 $ 32,185 $ - $ 335 Home Equity 11 - - 11 3,556 3,567 - - Commercial Real Estate 184 635 - 819 201,694 202,513 - 3,789 Multifamily - - - - 52,896 52,896 - - Land - - 343 343 10,732 11,075 - 343 Construction - - - - 10,417 10,417 - - Commercial Non-Mortgage - - - - 14,850 14,850 - - Consumer - - - - 1,044 1,044 - - Total $ 195 $ 705 $ 562 $ 1,462 $ 327,085 $ 328,547 $ - $ 4,467 As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Total Past Due Current Total Loans Receivable Total Loans >90 Days & Accruing Total Nonaccrual 1-4 Family $ 165 $ 94 $ 137 $ 396 $ 34,993 $ 35,389 $ - $ 137 Home Equity - - - - 4,031 4,031 - - Commercial Real Estate - 648 100 748 195,176 195,924 - 4,872 Multifamily - - - - 54,827 54,827 - - Land - - 1,061 1,061 10,486 11,547 - 1,061 Construction - - - - 13,475 13,475 - - Commercial Non-Mortgage - - - - 20,047 20,047 - - Consumer - - - - 1,074 1,074 - - Total $ 165 $ 742 $ 1,298 $ 2,205 $ 334,109 $ 336,314 $ - $ 6,070
Impaired Financing Receivables [Table Text Block]	Unpaid QTD YTD QTD YTD Recorded Principal Specific Average Average Interest Interest Balance Balance Allowance Balance Balance Income Income Loans without a specific valuation allowance: 1-4 Family $ 943 $ 1,067 $ - $ 1,155 $ 1,181 $ 4 $ 13 Home Equity - - - - - - - Commercial real estate 5,780 7,838 - 6,308 6,850 17 56 Multi Family 6,150 6,964 - 6,195 6,234 129 168 Land 343 2,507 - 510 694 31 31 Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ 120 $ 80 $ - $ 2 Home Equity - - - - - - - Commercial real estate 706 706 250 1,397 855 2 10 Multi Family - - - - - - - Land - - - - - - - Construction - - - - - - - Commercial Non-Mortgage - - - 1,264 842 - 35 Consumer - - - - - - - Totals 1-4 Family $ 943 $ 1,067 $ - $ 1,275 $ 1,261 $ 4 $ 15 Home Equity - - - - - - - Commercial real estate 6,486 8,544 250 7,705 7,705 19 66 Multi Family 6,150 6,964 - 6,195 6,234 129 168 Land 343 2,507 - 510 694 31 31 Construction - - - - - - - Commercial Non-Mortgage - - - 1,264 842 - 35 Consumer - - - - - - - Total $ 13,922 $ 19,082 $ 250 $ 16,949 $ 16,736 $ 183 $ 315 Unpaid YTD YTD Recorded Principal Specific Average Interest Balance Balance Allowance Balance Income Loans without a specific valuation allowance: 1-4 Family $ 1,500 $ 1,620 $ - $ 1,311 $ 70 Home Equity - - - - - Commercial real estate 7,494 9,669 - 8,296 426 Multi Family 6,311 7,125 - 6,884 402 Land - - - 24 - Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ - $ - Home Equity - - - - - Commercial real estate 609 695 235 385 41 Multi Family - - - - - Land 1,061 3,158 550 1,832 123 Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Totals 1-4 Family $ 1,500 $ 1,620 $ - $ 1,311 $ 70 Home Equity - - - - - Commercial real estate 8,103 10,364 235 8,681 467 Multi Family 6,311 7,125 - 6,884 402 Land 1,061 3,158 550 1,856 123 Construction - - - - - Commercial Non-Mortgage - - - - - Consumer - - - - - Total $ 16,975 $ 22,267 $ 785 $ 18,773 $ 1,062 Unpaid QTD YTD QTD YTD Recorded Principal Specific Average Average Interest Interest Balance Balance Allowance Balance Balance Income Income Loans without a specific valuation allowance: 1-4 Family $ 1,071 $ 1,198 $ - $ 1,184 $ 1,271 $ 14 $ 24 Home Equity - - - - - - - Commercial real estate 7,599 9,575 - 8,941 9,265 52 99 Multi Family 7,003 7,850 - 7,242 7,454 129 204 Land - - - 48 45 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Loans with a specific valuation allowance: 1-4 Family $ - $ - $ - $ - $ - $ - $ - Home Equity - - - - - - - Commercial real estate 496 550 315 248 165 4 4 Multi Family - - - - - - - Land 1,520 3,417 750 1,598 1,680 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Totals 1-4 Family $ 1,071 $ 1,198 $ - $ 1,184 $ 1,271 $ 14 $ 24 Home Equity - - - - - - - Commercial real estate 8,095 10,125 315 9,189 9,430 56 103 Multi Family 7,003 7,850 - 7,242 7,454 129 204 Land 1,520 3,417 750 1,646 1,725 - - Construction - - - - - - - Commercial Non-Mortgage - - - - - - - Consumer - - - - - - - Total $ 17,689 $ 22,590 $ 1,065 $ 19,261 $ 19,880 $ 199 $ 331
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]	Three m onths e nded Six months ended June 30, 201 7 June 30, 201 7 Balance Balance Balance Balance prior to after prior to after Count TDR TDR Count TDR TDR (Dollars in thousands) One-to four Family 2 116 116 2 116 116 Total loans 2 $ 116 $ 116 2 $ 116 $ 116 Three months ended Six months ended June 30, 2016 June 30, 2016 Balance Balance Balance Balance prior to after prior to after Count TDR TDR Count TDR TDR (Dollars in thousands) Commercial real estate - - - 1 996 996 Total loans - $ - $ - 1 $ 996 $ 996

Note 5 - Disclosures About Fa19

Note 5 - Disclosures About Fair Value of Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements Using Fair Quoted Prices Significant Significant June 30, 2017 Collateral-dependent i mpaired loans $ 461 $ -- $ -- $ 461 December 31, 2016 Collateral-dependent i mpaired loans $ 885 $ -- $ -- $ 885
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Collateral-dependent Impaired Loans Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) As of June 30, 2017 Collateral-dependent impaired loans $ 461 Market comparable properties Marketability discount 0 - 17.5% (3%) December 31, 2016 Collateral-dependent impaired loans $ 885 Market comparable properties Marketability discount 3 - 13% (6%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements Using As of June 30, 2017 Carrying Amount Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 62,148 $ 62,148 $ - $ - Loans, net of allowance for loan losses 314,432 - - 317,161 Federal Home Loan Bank stock 2,700 - 2,700 - Interest receivable 865 - 865 - Financial liabilities Deposits $ 262,673 $ 152,139 $ - $ 111,646 Federal Home Loan Bank advances 42,000 - 41,381 - Federal funds purchased 12,000 - 12,000 - Interest payable 85 - 85 - Fair Value Measurements Using As of December 31, 2016 Carrying Amount Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Financial Assets Cash and cash equivalents $ 103,634 $ 103,634 $ - $ - Held to maturity securities 499 - 500 - Loans held for sale 238 - 239 - Loans, net of allowance for loan losses 320,606 - - 323,601 Federal Home Loan Bank stock 2,700 - 2,700 - Interest receivable 846 - 846 - Financial liabilities Deposits $ 280,548 $ 153,290 $ - $ 128,655 Federal Home Loan Bank advances 60,000 - 59,187 - Federal funds purchased 27,000 - 27,000 - Interest payable 249 - 249 -

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	6 Months Ended
Note 6 - Earnings Per Share (Tables)	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, Three months ended June 30, 2017 2016 Net Income $ 1,276 $ 1,184 Dividends and undistributed earnings allocated to participating securities (12 ) (20 ) Income attributable to common shareholders $ 1,264 $ 1,164 Weighted average shares outstanding (in thousands) 2,106 2,152 Less: average unearned ESOP and unvested restricted stock (148 ) (177 ) Average Shares 1,958 1,975 Effect of dilutive based awards 55 32 Average common and common-equivalent shares for diluted EPS (in thousands) 2,013 2,007 Basic EPS $ 0.65 $ 0.59 Diluted EPS $ 0.63 $ 0.58 Six months ended June 30, Six months ended June 30, 2017 2016 Net Income $ 2,608 $ 2,151 Dividends and undistributed earnings allocated to participating securities (25 ) (37 ) Income attributable to common shareholders $ 2,583 $ 2,114 Weighted average shares outstanding (in thousands) 2,106 2,154 Less: average unearned ESOP and unvested restricted stock (148 ) (177 ) Average Shares 1,958 1,977 Effect of dilutive based awards 54 32 Average common and common-equivalent shares for diluted EPS (in thousands) 2,012 2,009 Basic EPS $ 1.32 $ 1.07 Diluted EPS $ 1.28 $ 1.05

Note 7 - Share-based Compensa21

Note 7 - Share-based Compensation (Tables)	6 Months Ended
Note 7 - Share-based Compensation (Tables)	Jun. 30, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Options Weighted a verage exercise price Remaining contractual life (years) Aggregate intrinsic value (in thousands) Options outstanding at January 1, 2017 181,585 $ 20.76 7 $ 1,956 Granted -- -- -- -- Exercised -- -- -- -- Forfeited -- -- -- -- Expired -- -- -- -- Options outstanding at June 30, 2017 181,585 $ 20.87 7 $ 3,496 Exercisable at June 30, 2017 93,248 $ 17.49 5 $ 2,110
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Service-Based Restricted stock awards Weighted average grant date fair value Non-vested at January 1, 2017 26,572 $ 22.38 Granted - - Vested (509 ) 24.97 Forfeited - - Non-vested at June 30, 2017 26,063 22.33

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Held-to-maturity Securities	$ 0		$ 0		$ 499
Proceeds from Sale of Held-to-maturity Securities	$ 0	$ 0	$ 0	$ 0

Note 3 - Securities - Held to M

Note 3 - Securities - Held to Maturity Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Held to maturity securities, fair value		$ 500
Held to maturity securities, amortized cost	0	499
Held to maturity securities, gross unrealized gains		$ 1

Note 4 - Loans and Allowance 24

Note 4 - Loans and Allowance for Loan Losses (Details Textual) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Percentage of Construction Loans for Commercial Real Estate of Loan to Completed Appraised Value, Ratio	75.00%
Charge Down to Net Realizable Value	120 days
Period for Discontinuation of Accrual of Interest on All Loan Classes	180 days
Minimum Realizable Period for New Loan into Accrual Status Under Performance With New Loan Terms	180 days
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$ 0
Minimum Period for Realizable of Troubled Debt Restructuring Loans into Nonaccrual Status or Default Loans	90 days
Minimum [Member]
Period for Discontinuation of Accrual of Interest on All Loan Classes	180 days

Note 4 - Loans and Allowance 25

Note 4 - Loans and Allowance for Loan Losses - Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Total loans	$ 328,547	$ 336,314	$ 346,180
Net deferred loan costs, premiums and discounts	540	563
Undisbursed portion of loan	6,287	5,819
Allowance for loan losses	7,288	9,326
Net Loans	314,432	320,606
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	32,185	35,389	38,088
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	3,567	4,031	4,622
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	202,513	195,924	198,480
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	52,896	54,827	59,823
Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	11,075	11,547	12,197
Construction Portfolio Segment [Member]
Total loans	10,417	13,475	12,764
Commercial Portfolio Segment [Member]
Total loans	14,850	20,047	19,135
Consumer Portfolio Segment [Member]
Total loans	$ 1,044	$ 1,074	$ 1,071

Note 4 - Loans and Allowance 26

Note 4 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Balance, end of period	$ 7,288	$ 9,829	$ 7,288	$ 9,829	$ 9,326
Ending Balance: individually evaluated for impairment	250	1,065	250	1,065	785
Ending balance: collectively evaluated for impairment	7,038	8,764	7,038	8,764	8,541
Ending Balance	328,547	346,180	328,547	346,180	336,314
Ending Balance: individually evaluated for impairment	13,922	17,689	13,922	17,689	16,975
Ending balance: collectively evaluated for impairment	314,625	328,491	314,625	328,491	319,339
Balance, beginning of period	8,734	10,024	9,326	10,061	10,061
Provision credited to expense	(1,450)	(200)	(2,050)	(200)	(760)
Provision (credit) charged to expense	(1,450)	(200)	(2,050)	(200)	(760)
Losses charged off		(46)		(128)	(153)
Recoveries	4	51	12	96	178
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Balance, end of period	595	718	595	718	798
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	595	718	595	718	798
Ending Balance	32,185	38,088	32,185	38,088	35,389
Ending Balance: individually evaluated for impairment	943	1,071	943	1,071	1,500
Ending balance: collectively evaluated for impairment	31,242	37,017	31,242	37,017	33,889
Balance, beginning of period	753	909	798	948	948
Provision credited to expense	(162)	(213)	(214)	(190)	(137)
Provision (credit) charged to expense	(162)	(213)	(214)	(190)	(137)
Losses charged off		(1)		(67)	(67)
Recoveries	4	23	11	27	54
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Balance, end of period	36	63	36	63	49
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	36	63	36	63	49
Ending Balance	3,567	4,622	3,567	4,622	4,031
Ending Balance: individually evaluated for impairment		0		0
Ending balance: collectively evaluated for impairment	3,567	4,622	3,567	4,622	4,031
Balance, beginning of period	40	99	49	108	108
Provision credited to expense	(4)	(36)	(13)	(45)	(59)
Provision (credit) charged to expense	(4)	(36)	(13)	(45)	(59)
Losses charged off		0		0	0
Recoveries		0		0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Balance, end of period	5,105	5,668	5,105	5,668	5,422
Ending Balance: individually evaluated for impairment	250	315	250	315	235
Ending balance: collectively evaluated for impairment	4,855	5,353	4,855	5,353	5,187
Ending Balance	202,513	198,480	202,513	198,480	195,924
Ending Balance: individually evaluated for impairment	6,486	8,095	6,486	8,095	8,103
Ending balance: collectively evaluated for impairment	190,027	190,385	190,027	190,385	187,821
Balance, beginning of period	5,870	4,822	5,422	4,913	4,913
Provision credited to expense	(765)	891	(317)	777	555
Provision (credit) charged to expense	(765)	891	(317)	777	555
Losses charged off		(45)		(61)	(85)
Recoveries				39	39
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Balance, end of period	747	1,265	747	1,265	1,084
Ending Balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	747	1,265	747	1,265	1,084
Ending Balance	52,896	59,823	52,896	59,823	54,827
Ending Balance: individually evaluated for impairment	6,150	7,003	6,150	7,003	6,311
Ending balance: collectively evaluated for impairment	46,746	52,820	46,746	52,820	48,516
Balance, beginning of period	872	1,409	1,084	1,515	1,515
Provision credited to expense	(125)	(144)	(337)	(250)	(431)
Provision (credit) charged to expense	(125)	(144)	(337)	(250)	(431)
Losses charged off		0		0	0
Recoveries		0		0	0
Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Balance, end of period	253	1,466	253	1,466	1,142
Ending Balance: individually evaluated for impairment		750		750	550
Ending balance: collectively evaluated for impairment	253	716	253	716	592
Ending Balance	11,075	12,197	11,075	12,197	11,547
Ending Balance: individually evaluated for impairment	343	1,520	343	1,520	1,061
Ending balance: collectively evaluated for impairment	10,732	10,677	10,732	10,677	10,486
Balance, beginning of period	540	1,634	1,142	1,605	1,605
Provision credited to expense	(287)	(196)	(889)	(168)	(544)
Provision (credit) charged to expense	(287)	(196)	(889)	(168)	(544)
Losses charged off		0		0	0
Recoveries		28		29	81
Construction Portfolio Segment [Member]
Balance, end of period	208	250	208	250	294
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	208	250	208	250	294
Ending Balance	10,417	12,764	10,417	12,764	13,475
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	10,417	12,764	10,417	12,764	13,475
Balance, beginning of period	270	736	294	604	604
Provision credited to expense	(62)	(486)	(86)	(354)	(310)
Provision (credit) charged to expense	(62)	(486)	(86)	(354)	(310)
Losses charged off		0		0
Recoveries		0		0	0
Commercial Portfolio Segment [Member]
Balance, end of period	333	387	333	387	524
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	333	387	333	387	524
Ending Balance	14,850	19,135	14,850	19,135	20,047
Ending Balance: individually evaluated for impairment		0		0
Ending balance: collectively evaluated for impairment	14,850	19,135	14,850	19,135	20,047
Balance, beginning of period	375	392	524	344	344
Provision credited to expense	(42)	(5)	(191)	43	180
Provision (credit) charged to expense	(42)	(5)	(191)	43	180
Losses charged off		0		0	0
Recoveries		0		0	0
Consumer Portfolio Segment [Member]
Balance, end of period	11	12	11	12	13
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	11	12	11	12	13
Ending Balance	1,044	1,071	1,044	1,071	1,074
Ending Balance: individually evaluated for impairment		0		0	0
Ending balance: collectively evaluated for impairment	1,044	1,071	1,044	1,071	1,074
Balance, beginning of period	14	23	13	24	24
Provision credited to expense	(3)	(11)	(3)	(13)	(14)
Provision (credit) charged to expense	(3)	(11)	(3)	(13)	(14)
Losses charged off					(1)
Recoveries			$ 1	$ 1	$ 4

Note 4 - Loans and Allowance 27

Note 4 - Loans and Allowance for Loan Losses - Credit Risk Profile (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Total loans	$ 328,547	$ 336,314	$ 346,180
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	32,185	35,389	38,088
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	3,567	4,031	4,622
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	52,896	54,827	59,823
Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	11,075	11,547	12,197
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	202,513	195,924	198,480
Commercial Portfolio Segment [Member]
Total loans	14,850	20,047	19,135
Consumer Portfolio Segment [Member]
Total loans	1,044	1,074	1,071
Construction Portfolio Segment [Member]
Total loans	10,417	13,475	$ 12,764
Pass [Member]
Total loans	299,535	300,114
Pass [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	30,888	33,787
Pass [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	3,567	4,031
Pass [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	49,741	48,241
Pass [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	9,932	9,631
Pass [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	181,794	173,375
Pass [Member] \| Commercial Portfolio Segment [Member]
Total loans	12,152	16,500
Pass [Member] \| Consumer Portfolio Segment [Member]
Total loans	1,044	1,074
Pass [Member] \| Construction Portfolio Segment [Member]
Total loans	10,417	13,475
Pass Closely Monitored [Member]
Total loans	19,213	22,938
Pass Closely Monitored [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	331	490
Pass Closely Monitored [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	0	0
Pass Closely Monitored [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	3,155	6,586
Pass Closely Monitored [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	801	855
Pass Closely Monitored [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	14,438	14,349
Pass Closely Monitored [Member] \| Commercial Portfolio Segment [Member]
Total loans	488	658
Pass Closely Monitored [Member] \| Consumer Portfolio Segment [Member]
Total loans
Pass Closely Monitored [Member] \| Construction Portfolio Segment [Member]
Total loans
Special Mention [Member]
Total loans	3,696	5,760
Special Mention [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	239	241
Special Mention [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	0	0
Special Mention [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	0	0
Special Mention [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	0	0
Special Mention [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	1,247	2,630
Special Mention [Member] \| Commercial Portfolio Segment [Member]
Total loans	2,210	2,889
Special Mention [Member] \| Consumer Portfolio Segment [Member]
Total loans	0	0
Special Mention [Member] \| Construction Portfolio Segment [Member]
Total loans		0
Substandard [Member]
Total loans	6,103	7,502
Substandard [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	727	871
Substandard [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans		0
Substandard [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans
Substandard [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	342	1,061
Substandard [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	5,034	5,570
Substandard [Member] \| Commercial Portfolio Segment [Member]
Total loans
Substandard [Member] \| Consumer Portfolio Segment [Member]
Total loans	0	0
Substandard [Member] \| Construction Portfolio Segment [Member]
Total loans	0
Doubtful [Member]
Total loans	0	0
Doubtful [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	0	0
Doubtful [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	0	0
Doubtful [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	0	0
Doubtful [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	0	0
Doubtful [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	0	0
Doubtful [Member] \| Commercial Portfolio Segment [Member]
Total loans	0	0
Doubtful [Member] \| Consumer Portfolio Segment [Member]
Total loans	0	0
Doubtful [Member] \| Construction Portfolio Segment [Member]
Total loans	0	0
Loss [Member]
Total loans	0	0
Loss [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total loans	0	0
Loss [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total loans	0	0
Loss [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total loans	0	0
Loss [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total loans	0	0
Loss [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total loans	0	0
Loss [Member] \| Commercial Portfolio Segment [Member]
Total loans	0	0
Loss [Member] \| Consumer Portfolio Segment [Member]
Total loans	0	0
Loss [Member] \| Construction Portfolio Segment [Member]
Total loans	$ 0	$ 0

Note 4 - Loans and Allowance 28

Note 4 - Loans and Allowance for Loan Losses - Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016
Total Nonaccrual	$ 4,467	$ 6,070
Loans, Past Due	1,462	2,205
Current	327,085	334,109
Total loans	328,547	336,314	$ 346,180
Total Loans > 90 Days & Accruing	0	0
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Total Nonaccrual	335	137
Loans, Past Due	289	396
Current	31,896	34,993
Total loans	32,185	35,389	38,088
Total Loans > 90 Days & Accruing	0	0
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Total Nonaccrual	0	0
Loans, Past Due	11	0
Current	3,556	4,031
Total loans	3,567	4,031	4,622
Total Loans > 90 Days & Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Total Nonaccrual	3,789	4,872
Loans, Past Due	819	748
Current	201,694	195,176
Total loans	202,513	195,924	198,480
Total Loans > 90 Days & Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Total Nonaccrual	0	0
Loans, Past Due	0
Current	52,896	54,827
Total loans	52,896	54,827	59,823
Total Loans > 90 Days & Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Total Nonaccrual	343	1,061
Loans, Past Due	343	1,061
Current	10,732	10,486
Total loans	11,075	11,547	12,197
Total Loans > 90 Days & Accruing	0	0
Construction Portfolio Segment [Member]
Total Nonaccrual	0	0
Loans, Past Due	0	0
Current	10,417	13,475
Total loans	10,417	13,475	12,764
Total Loans > 90 Days & Accruing	0	0
Commercial Portfolio Segment [Member]
Total Nonaccrual	0	0
Loans, Past Due	0	0
Current	14,850	20,047
Total loans	14,850	20,047	19,135
Total Loans > 90 Days & Accruing	0	0
Consumer Portfolio Segment [Member]
Total Nonaccrual	0	0
Loans, Past Due	0	0
Current	1,044	1,074
Total loans	1,044	1,074	$ 1,071
Total Loans > 90 Days & Accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans, Past Due	195	165
Financing Receivables, 30 to 59 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Loans, Past Due		165
Financing Receivables, 30 to 59 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans, Past Due	11	0
Financing Receivables, 30 to 59 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans, Past Due	184
Financing Receivables, 30 to 59 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Loans, Past Due	0
Financing Receivables, 30 to 59 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Loans, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] \| Construction Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] \| Commercial Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] \| Consumer Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans, Past Due	705	742
Financing Receivables, 60 to 89 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Loans, Past Due	70	94
Financing Receivables, 60 to 89 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans, Past Due	635	648
Financing Receivables, 60 to 89 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] \| Construction Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] \| Commercial Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] \| Consumer Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans, Past Due	562	1,298
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Loans, Past Due	219	137
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans, Past Due		100
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Loans, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Loans, Past Due	343	1,061
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Construction Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Commercial Portfolio Segment [Member]
Loans, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] \| Consumer Portfolio Segment [Member]
Loans, Past Due	$ 0	$ 0

Note 4 - Loans and Allowance 29

Note 4 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Average balance	$ 16,949	$ 19,261	$ 16,736	$ 19,880	$ 18,773
Interest income	183	199	315	331	1,062
Recorded balance	13,922	17,689	13,922	17,689	16,975
Unpaid principal balance	19,082	22,590	19,082	22,590	22,267
Specific allowance	250	1,065	250	1,065	785
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Interest Income, with valuation allowance	0	0	2	0	0
Average balance	1,275	1,184	1,261	1,271	1,311
Interest income	4	14	15	24	70
Recorded balance	943	1,071	943	1,071	1,500
Unpaid principal balance	1,067	1,198	1,067	1,198	1,620
Recorded balance, without valuation allowance	943	1,071	943	1,071	1,500
Unpaid principal balance, without valuation allowance	1,067	1,198	1,067	1,198	1,620
Average balance, without valuation allowance	1,155	1,184	1,181	1,271	1,311
Interest Income, without valuation allowance	4	14	13	24	70
Recorded balance, with valuation allowance	0	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0	0
Specific allowance		0		0	0
Average balance, with valuation allowance	120	0	80	0	0
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Interest Income, with valuation allowance	0	0	0	0	0
Average balance	0	0	0	0
Interest income	0	0	0	0	0
Recorded balance	0	0	0	0	0
Unpaid principal balance	0	0	0	0	0
Recorded balance, without valuation allowance	0	0	0	0	0
Unpaid principal balance, without valuation allowance	0	0	0	0	0
Average balance, without valuation allowance	0	0	0	0
Interest Income, without valuation allowance	0	0	0	0	0
Recorded balance, with valuation allowance	0	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0	0
Specific allowance	0	0	0	0	0
Average balance, with valuation allowance	0	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Interest Income, with valuation allowance	2	4	10	4	41
Average balance	7,705	9,189	7,705	9,430	8,681
Interest income	19	56	66	103	467
Recorded balance	6,486	8,095	6,486	8,095	8,103
Unpaid principal balance	8,544	10,125	8,544	10,125	10,364
Recorded balance, without valuation allowance	5,780	7,599	5,780	7,599	7,494
Unpaid principal balance, without valuation allowance	7,838	9,575	7,838	9,575	9,669
Average balance, without valuation allowance	6,308	8,941	6,850	9,265	8,296
Interest Income, without valuation allowance	17	52	56	99	426
Recorded balance, with valuation allowance	706	496	706	496	609
Unpaid principal balance, with valuation allowance	706	550	706	550	695
Specific allowance	250	315	250	315	235
Average balance, with valuation allowance	1,397	248	855	165	385
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Interest Income, with valuation allowance	0	0	0	0
Average balance	6,195	7,242	6,234	7,454	6,884
Interest income	129	129	168	204	402
Recorded balance	6,150	7,003	6,150	7,003	6,311
Unpaid principal balance	6,964	7,850	6,964	7,850	7,125
Recorded balance, without valuation allowance	6,150	7,003	6,150	7,003	6,311
Unpaid principal balance, without valuation allowance	6,964	7,850	6,964	7,850	7,125
Average balance, without valuation allowance	6,195	7,242	6,234	7,454	6,884
Interest Income, without valuation allowance	129	129	168	204	402
Recorded balance, with valuation allowance	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0
Specific allowance	0	0	0	0
Average balance, with valuation allowance	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] \| Land Loan [Member]
Interest Income, with valuation allowance	0	0	0	0	123
Average balance	510	1,646	694	1,725	1,856
Interest income	31	0	31	0	123
Recorded balance	343	1,520	343	1,520	1,061
Unpaid principal balance	2,507	3,417	2,507	3,417	3,158
Recorded balance, without valuation allowance	343	0	343	0
Unpaid principal balance, without valuation allowance	2,507	0	2,507	0
Average balance, without valuation allowance	510	48	694	45	24
Interest Income, without valuation allowance	31	0	31	0
Recorded balance, with valuation allowance	0	1,520	0	1,520	1,061
Unpaid principal balance, with valuation allowance	0	3,417	0	3,417	3,158
Specific allowance	0	750	0	750	550
Average balance, with valuation allowance	0	1,598	0	1,680	1,832
Construction Portfolio Segment [Member]
Interest Income, with valuation allowance	0	0	0	0	0
Average balance	0	0	0	0
Interest income	0	0	0	0	0
Recorded balance	0	0	0	0	0
Unpaid principal balance	0	0	0	0	0
Recorded balance, without valuation allowance	0	0	0	0	0
Unpaid principal balance, without valuation allowance	0	0	0	0	0
Average balance, without valuation allowance	0	0	0	0	0
Interest Income, without valuation allowance	0	0	0	0	0
Recorded balance, with valuation allowance	0	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0	0
Specific allowance	0	0	0	0	0
Average balance, with valuation allowance	0	0	0	0	0
Commercial Portfolio Segment [Member]
Interest Income, with valuation allowance	0	0	35	0	0
Average balance	1,264	0	842	0
Interest income	0	0	35	0
Recorded balance	0	0	0	0
Unpaid principal balance	0	0	0	0
Recorded balance, without valuation allowance	0	0	0	0
Unpaid principal balance, without valuation allowance	0	0	0	0
Average balance, without valuation allowance	0	0	0	0
Interest Income, without valuation allowance	0	0	0	0
Recorded balance, with valuation allowance	0	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0	0
Specific allowance	0	0	0	0	0
Average balance, with valuation allowance	1,264	0	842	0	0
Consumer Portfolio Segment [Member]
Interest Income, with valuation allowance	0	0	0	0	0
Average balance	0	0	0	0	0
Interest income	0	0	0	0	0
Recorded balance	0	0	0	0	0
Unpaid principal balance	0	0	0	0	0
Recorded balance, without valuation allowance	0	0	0	0	0
Unpaid principal balance, without valuation allowance	0	0	0	0	0
Average balance, without valuation allowance	0	0	0	0	0
Interest Income, without valuation allowance	0	0	0	0	0
Recorded balance, with valuation allowance	0	0	0	0	0
Unpaid principal balance, with valuation allowance	0	0	0	0	0
Specific allowance	0	0	0	0	0
Average balance, with valuation allowance	$ 0	$ 0	$ 0	$ 0	$ 0

Note 4 - Loans and Allowance 30

Note 4 - Loans and Allowance for Loan Losses - Loans Restructured as TDRs (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Balance prior to TDR	$ 116	$ 0	$ 116	$ 996
Balance after TDR	$ 116	$ 0	$ 116	$ 996
Count	2	0	2	1
Residential Portfolio Segment [Member] \| One- to Four-family [Member]
Balance prior to TDR	$ 116		$ 116
Balance after TDR	$ 116		$ 116
Count	2		2
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Balance prior to TDR		$ 0		$ 996
Balance after TDR		$ 0		$ 996
Count		0		1

Note 5 - Disclosures About Fa31

Note 5 - Disclosures About Fair Value of Assets and Liabilities (Details Textual) $ in Thousands	Jun. 30, 2017USD ($)
Assets, Fair Value Disclosure, Recurring	$ 0
Liabilities, Fair Value Disclosure, Nonrecurring	0
Liabilities, Fair Value Disclosure, Recurring	$ 0

Note 5 - Disclosures About Fa32

Note 5 - Disclosures About Fair Value of Assets and Liabilities - Assets and Liabilities Measured on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Collateral-dependent impaired loans		$ 885
Estimate of Fair Value Measurement [Member]
Collateral-dependent impaired loans	$ 461
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Collateral-dependent impaired loans
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Collateral-dependent impaired loans
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Collateral-dependent impaired loans	$ 461	$ 885

Note 5 - Disclosures About Fa33

Note 5 - Disclosures About Fair Value of Assets and Liabilities - Quantitative Information About Unobservable Inputs (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Collateral-dependent impaired loans		$ 885
Fair Value, Inputs, Level 3 [Member] \| Market Approach Valuation Technique [Member]
Collateral-dependent impaired loans	$ 461	$ 885
Range		3.00%
Fair Value, Inputs, Level 3 [Member] \| Market Approach Valuation Technique [Member] \| Minimum [Member]
Range	0.00%
Fair Value, Inputs, Level 3 [Member] \| Market Approach Valuation Technique [Member] \| Maximum [Member]
Range	17.50%	13.00%
Fair Value, Inputs, Level 3 [Member] \| Market Approach Valuation Technique [Member] \| Weighted Average [Member]
Range	3.00%	6.00%

Note 5 - Disclosures About Fa34

Note 5 - Disclosures About Fair Value of Assets and Liabilities - Financial Instruments (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Financial Assets
Held to maturity securities		$ 500,000
Financial liabilities
Federal funds purchased	12,000,000	27,000,000
Federal funds purchased	12,000,000	27,000,000
Reported Value Measurement [Member]
Financial Assets
Loans held for sale		238,000
Loans, net of allowance for loan losses	314,432,000	320,606,000
Federal Home Loan Bank stock	2,700,000	2,700,000
Interest receivable	865,000	846,000
Cash and cash equivalents	62,148,000	103,634,000
Held to maturity securities		499,000
Financial liabilities
Federal funds purchased	12,000	27,000,000
Interest payable	85,000	249,000
Deposits	262,673,000	280,548,000
Federal Home Loan Bank advances	42,000,000	60,000,000
Federal funds purchased	12,000	27,000,000
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Financial Assets
Loans held for sale		0
Loans, net of allowance for loan losses	0	0
Federal Home Loan Bank stock	0	0
Interest receivable	0	0
Cash and cash equivalents	62,148,000	103,634,000
Held to maturity securities		0
Financial liabilities
Federal funds purchased	0	0
Interest payable	0	0
Deposits	152,139,000	153,290,000
Federal Home Loan Bank advances	0	0
Federal funds purchased	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Financial Assets
Loans held for sale		239,000
Loans, net of allowance for loan losses	0	0
Federal Home Loan Bank stock	2,700,000	2,700,000
Interest receivable	865,000	846,000
Cash and cash equivalents	0	0
Held to maturity securities		500,000
Financial liabilities
Federal funds purchased	12,000	27,000,000
Interest payable	85,000	249,000
Deposits	0	0
Federal Home Loan Bank advances	41,381,000	59,187,000
Federal funds purchased	12,000	27,000,000
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Financial Assets
Loans held for sale		0
Loans, net of allowance for loan losses	317,161,000	323,601,000
Federal Home Loan Bank stock	0	0
Interest receivable	0	0
Cash and cash equivalents	0	0
Held to maturity securities		0
Financial liabilities
Federal funds purchased	0	0
Interest payable	0	0
Deposits	111,646,000	128,655,000
Federal Home Loan Bank advances	0	0
Federal funds purchased	$ 0	$ 0

Note 6 - Earnings Per Share - E

Note 6 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Basic EPS (in dollars per share)	$ 0.65	$ 0.59	$ 1.32	$ 1.07
Diluted EPS (in dollars per share)	$ 0.63	$ 0.58	$ 1.28	$ 1.05
Net income	$ 1,276	$ 1,184	$ 2,608	$ 2,151
Dividends and undistributed earnings allocated to participating securities	(12)	(20)	(25)	(37)
Income attributable to common shareholders	$ 1,264	$ 1,164	$ 2,583	$ 2,114
Weighted average shares outstanding (in thousands) (in shares)	2,106	2,152	2,106	2,154
Less: average unearned ESOP and unvested restricted stock (in shares)	(148)	(177)	(148)	(177)
Average Shares (in shares)	1,958	1,975	1,958	1,977
Effect of dilutive based awards (in shares)	55	32	54	32
Average common and common-equivalent shares for diluted EPS (in thousands) (in shares)	2,013	2,007	2,012	2,009

Note 7 - Share-based Compensa36

Note 7 - Share-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	351,050		351,050
Allocated Share-based Compensation Expense			$ 154	$ 173
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 140		140
Stock or Unit Option Plan Expense	16	$ 17	$ 33	33
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			5 years
Restricted Stock or Unit Expense	58	$ 69	$ 121	$ 140
Restricted Stock [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 391		$ 391

Note 7 - Share-based Compensa37

Note 7 - Share-based Compensation - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Options outstanding (in shares)	181,585
Options outstanding, Weighted average exercise price (in dollars per share)	$ 20.76
Options outstanding, Weighted average exercise price (in dollars per share)	$ 20.87	$ 20.76
Options outstanding, Remaining contractual life (Year)	7 years	7 years
Options outstanding, Aggregate intrinsic value	$ 3,496	$ 1,956
Granted, Options (in shares)
Granted, Weighted average exercise price (in dollars per share)
Granted, Remaining contractual life (Year)
Exercised, Options (in shares)
Exercised, Weighted average exercise price (in dollars per share)
Forfeited, Options (in shares)
Forfeited, Weighted average exercise price (in dollars per share)
Expired, Options (in shares)
Expired, Weighted average exercise price (in dollars per share)
Options outstanding (in shares)	181,585	181,585
Exercisable, Options (in shares)	93,248
Exercisable, Weighted average exercise price (in dollars per share)	$ 17.49
Exercisable, Remaining contractual life (Year)	5 years
Exercisable, Aggregate intrinsic value	$ 2,110

Note 7 - Share-based Compensa38

Note 7 - Share-based Compensation - Restricted Stock Award Activity (Details) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Non-vested, Service-based restricted stock awards (in shares) \| shares	26,572
Non-vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 22.38
Granted, Service-based restricted stock awards (in shares) \| shares
Granted, Weighted average grant date fair value (in dollars per share) \| $ / shares
Vested, Service-based restricted stock awards (in shares) \| shares	(509)
Vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 24.97
Non-vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 22.33
Forfeited, Service-based restricted stock awards (in shares) \| shares
Forfeited, Weighted average grant date fair value (in dollars per share) \| $ / shares
Non-vested, Service-based restricted stock awards (in shares) \| shares	26,063

Note 8 - Pending Merger (Detail

Note 8 - Pending Merger (Details Textual) $ / shares in Units, $ in Millions	Jun. 13, 2017USD ($)$ / shares	Jun. 30, 2017$ / shares	Dec. 31, 2016$ / shares
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01	$ 0.01
Horizon Bancorp [Member]
Share Price	$ 27.50
The Merger Between Wolverine Bancorp and Horizon Bancorp [Member]
Business Combination, Consideration Transferred \| $	$ 91.8
Former Wolverine Bancorp Common Stock [Member] \| The Merger Between Wolverine Bancorp and Horizon Bancorp [Member]
Common Stock, Merger-Related Share Conversion Ratio	1.0152
Common Stock, No Par Value	$ 0
Business Acquisition, Share Price	$ 14

Note 7 - Share-based Compensation - Restricted Stock Award Activity (Details) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Non-vested, Service-based restricted stock awards (in shares) \| shares	26,572
Non-vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 22.38
Granted, Service-based restricted stock awards (in shares) \| shares
Granted, Weighted average grant date fair value (in dollars per share) \| $ / shares
Vested, Service-based restricted stock awards (in shares) \| shares	(509)
Vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 24.97
Non-vested, Weighted average grant date fair value (in dollars per share) \| $ / shares	$ 22.33
Forfeited, Service-based restricted stock awards (in shares) \| shares
Forfeited, Weighted average grant date fair value (in dollars per share) \| $ / shares
Non-vested, Service-based restricted stock awards (in shares) \| shares	26,063