Prime Meridian Holding (PMHG) 10-Q 8 Nov 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 08, 2018
Document Information [Line Items]
Entity Registrant Name	Prime Meridian Holding Co
Entity Central Index Key	1,586,454
Trading Symbol	pmhg
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	true
Entity Small Business	true
Entity Common Stock, Shares Outstanding (in shares)		3,130,695
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Ex Transition Period	true

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Cash and due from banks	$ 9,086	$ 6,971
Federal funds sold	42,152	20,148
Interest-bearing deposits	5,537	5,278
Total cash and cash equivalents	56,775	32,397
Securities available for sale	44,359	49,809
Loans held for sale	6,782	5,880
Loans, net of allowance for loan losses of $3,674 and $3,136	289,022	250,259
Federal Home Loan Bank stock	355	316
Premises and equipment, net	4,699	4,872
Accrued interest receivable	1,028	978
Bank-owned life insurance	1,789	1,757
Other assets	1,149	912
Total assets	405,958	347,180
Liabilities:
Noninterest-bearing demand deposits	83,296	76,216
Savings, NOW and money-market deposits	230,817	200,027
Time deposits	41,133	22,054
Total deposits	355,246	298,297
Official checks	865	1,146
Other liabilities	984	764
Total liabilities	357,095	300,207
Stockholders' equity:
Preferred stock, undesignated; 1,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value; 9,000,000 shares authorized, 3,128,671 and 3,118,977 issued and outstanding	31	31
Additional paid-in capital	38,179	37,953
Retained earnings	11,747	9,285
Accumulated other comprehensive loss	(1,094)	(296)
Total stockholders' equity	48,863	46,973
Total liabilities and stockholders' equity	$ 405,958	$ 347,180

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Loans receivable, allowance for loan losses	$ 3,674	$ 3,136
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	9,000,000	9,000,000
Common stock, shares issued (in shares)	3,128,671	3,118,977
Common stock, shares outstanding (in shares)	3,128,671	3,118,977

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest income:
Loans		$ 3,798	$ 3,025	$ 10,615	$ 8,498
Securities		276	252	851	709
Other		198	114	354	271
Total interest income		4,272	3,391	11,820	9,478
Interest expense-
Deposits		662	326	1,559	829
Net interest income		3,610	3,065	10,261	8,649
Provision for loan losses		135	32	544	187
Net interest income after provision for loan losses		3,475	3,033	9,717	8,462
Noninterest income:
Mortgage banking revenue		124	80	339	316
Income from bank-owned life insurance		11	12	32	35
Loss on sale of securities available for sale					(1)
Other income		120	88	332	258
Total noninterest income		338	260	962	849
Noninterest expense:
Salaries and employee benefits		1,341	1,053	3,787	3,107
Occupancy and equipment		237	247	698	727
Professional fees		86	90	267	235
Marketing		193	129	533	440
FDIC/State assessment		38	35	112	123
Software maintenance, amortization and other		167	132	474	394
Other		396	321	1,125	977
Total noninterest expense		2,458	2,007	6,996	6,003
Earnings before income taxes		1,355	1,286	3,683	3,308
Income taxes		337	464	909	1,185
Net earnings		$ 1,018	$ 822	$ 2,774	$ 2,123
Earnings per common share:
Basic (in dollars per share)		$ 0.33	$ 0.26	$ 0.89	$ 0.83
Diluted (in dollars per share)		0.33	0.26	0.89	0.83
Cash dividends per common share(1) (in dollars per share)	[1]			$ 0.10	$ 0.07
Deposit Account [Member]
Noninterest income:
Service charges and fees on deposit accounts		$ 83	$ 80	$ 259	$ 241
[1]	Annual cash dividends were paid during the first quarters of 2017 and 2018

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net earnings	$ 1,018	$ 822	$ 2,774	$ 2,123
Change in unrealized (loss) gain on securities:
Unrealized (loss) gain arising during the period	(231)	5	(1,069)	338
Reclassification adjustment for realized loss				1
Net change in unrealized (loss) gain	(231)	5	(1,069)	339
Deferred income tax benefit (expense) on above change	59	(2)	271	(126)
Total other comprehensive (loss) income	(172)	3	(798)	213
Comprehensive income	$ 846	$ 825	$ 1,976	$ 2,336

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Beginning balance (in shares) at Dec. 31, 2016	2,004,707
Beginning balance at Dec. 31, 2016	$ 20	$ 20,732	$ 6,563	$ (233)	$ 27,082
Net earnings (unaudited)			2,123		2,123
Dividends paid (unaudited)			(140)		(140)
Net change in unrealized gain on securities available for sale, net of income taxes (unaudited)				213	213
Stock options exercised (unaudited) (in shares)	2,600
Stock options exercised (unaudited)		26			26
Common stock issued as compensation to directors (unaudited) (in shares)	3,104
Stock Issued During Period, Value, Share-based Compensation, Gross		51			51
Sale of common stock net of stock offering costs $1,043 (unaudited) (in shares)	1,090,908
Sale of common stock net of stock offering costs $1,043 (unaudited)	$ 11	16,946			16,957
Stock-based compensation (unaudited)		15			15
Ending balance (unaudited) (in shares) at Sep. 30, 2017	3,101,319
Ending balance (unaudited) at Sep. 30, 2017	$ 31	37,770	8,546	(20)	$ 46,327
Ending balance (unaudited) (in shares) at Dec. 31, 2017	3,118,977				3,118,977
Ending balance (unaudited) at Dec. 31, 2017	$ 31	37,953	9,285	(296)	$ 46,973
Net earnings (unaudited)			2,774		2,774
Dividends paid (unaudited)			(312)		(312)
Net change in unrealized gain on securities available for sale, net of income taxes (unaudited)				(798)	(798)
Stock options exercised (unaudited) (in shares)	7,500
Stock options exercised (unaudited)		75			75
Common stock issued as compensation to directors (unaudited) (in shares)	2,194
Stock Issued During Period, Value, Share-based Compensation, Gross		46			46
Stock-based compensation (unaudited)		105			$ 105
Ending balance (unaudited) (in shares) at Sep. 30, 2018	3,128,671				3,128,671
Ending balance (unaudited) at Sep. 30, 2018	$ 31	$ 38,179	$ 11,747	$ (1,094)	$ 48,863

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Additional Paid-in Capital [Member]
Sale of common stock, offering costs	$ 1,043

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net earnings	$ 2,774	$ 2,123
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	397	390
Provision for loan losses	544	187
Net amortization of deferred loan fees	23	(118)
Loss on sale of securities available for sale		1
Amortization of premiums and discounts on securities available for sale	303	310
Gain on sale of loans held for sale	(339)	(316)
Proceeds from the sale of loans held for sale	58,532	48,413
Loans originated as held for sale	(59,095)	(52,265)
Stock issued as compensation	46	51
Stock-based compensation expense	105	15
Income from bank-owned life insurance	(32)	(35)
Net increase in accrued interest receivable	(50)	(77)
Net decrease (increase) in other assets	34	(153)
Net decrease in other liabilities and official checks	(61)	(12)
Net cash provided by (used in) operating activities	3,181	(1,486)
Cash flows from investing activities:
Loan originations, net of principal repayments	(39,330)	(22,461)
Purchase of securities available for sale	(1,003)	(20,510)
Principal repayments of securities available for sale	4,542	4,099
Proceeds from sale of securities available for sale		750
Maturities and calls of securities available for sale	539	48
Purchase of Federal Home Loan Bank stock	(39)	(96)
Purchase of premises and equipment	(224)	(396)
Net cash used in investing activities	(35,515)	(38,566)
Cash flows from financing activities:
Net increase in deposits	56,949	21,367
Proceeds from stock options exercised	75	26
Proceeds from sale of common stock, net		16,957
Common stock dividends paid	(312)	(140)
Net cash provided by financing activities	56,712	38,210
Net increase (decrease) in cash and cash equivalents	24,378	(1,842)
Cash and cash equivalents at beginning of period	32,397	36,165
Cash and cash equivalents at end of period	56,775	34,323
Supplemental disclosure of cash flow information
Interest	1,529	827
Income taxes	882	1,223
Noncash transaction-
Accumulated other comprehensive loss, net change in unrealized (loss) gain on securities available for sale, net of taxes	$ (798)	$ 213

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 Prime Meridian Holding Company (“PMHG”) owns 100% three The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States (“GAAP”) and to general practices within the banking industry. The condensed consolidated financial statements in the Quarterly Report on Form 10 not 10 not December 31, 2017, 10 March 20, 2018. three nine September 30, 2018 not Comprehensive Incom e . S tock - Based Compensation. Mortgage Banking Revenue. Reclassifications. Recent Accounting Standards Update. January 2016, No. 2016 01, Financial Instruments-Overall (Subtopic 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities, December 15, 2017, not In February 2016, No. 2016 2, Leases (Topic 842 twelve December 15, 2018. In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. In January 2017, No. 2017 01, 805 not December 15, 2017. not In March 2017, No. 2017 08, No December 15, 2018. In June 2018, No. 2018 07, 718 718. Consequently, the accounting for share-based payments to nonemployees and employees will be substantially aligned. The ASU supersedes Subtopic 505 50, December 15, 2018, no 606,

Note 2 - Securities Available f

Note 2 - Securities Available for Sale	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 2 Securities Available for Sale Securities are classified according to management's intent. The amortized cost of securities and fair values are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At September 30, 2018 U.S. Government agency securities $ 815 $ - $ (24 ) $ 791 Municipal securities 11,640 31 (209 ) 11,462 Mortgage-backed securities 33,369 16 (1,279 ) 32,106 Total $ 45,824 $ 47 $ (1,512 ) $ 44,359 At December 31, 2017 U.S. Government agency securities $ 1,251 $ 6 $ (8 ) $ 1,249 Municipal securities 12,340 128 (95 ) 12,373 Mortgage-backed securities 36,614 23 (450 ) 36,187 Total $ 50,205 $ 157 $ (553 ) $ 49,809 The following table summarizes the sale of securities available for sale. Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Proceeds from sale of securities $ - $ - $ - $ 750 Gross gains - - - - Gross losses - - - (1 ) Net loss on sale of securities $ - $ - $ - $ (1 ) Securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows: Less Than Twelve Months Over Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At September 30, 2018 Securities Available for Sale U.S. Government agency securities $ (4 ) $ 240 $ (20 ) $ 551 Municipal securities (116 ) 4,807 (93 ) 2,568 Mortgage-backed securities (185 ) 5,368 (1,094 ) 26,162 Total $ (305 ) $ 10,415 $ (1,207 ) $ 29,281 At December 31, 2017 Securities Available for Sale U.S. Government agency securities $ (8 ) $ 694 $ - $ - Municipal securities (36 ) 1,831 (59 ) 1,203 Mortgage-backed securities (308 ) 29,742 (142 ) 5,667 Total $ (352 ) $ 32,267 $ (201 ) $ 6,870 The unrealized losses at September 30, 2018 December 31, 2017 forty-one thirty-four not not not Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At September 30, 2018 U.S. Government agency securities $ 791 $ - $ 791 $ - Municipal securities 11,462 - 11,462 - Mortgage-backed securities 32,106 - 32,106 - Total $ 44,359 $ - $ 44,359 $ - At December 31, 2017 U.S. Government agency securities $ 1,249 $ - $ 1,249 $ - Municipal securities 12,373 - 12,373 - Mortgage-backed securities 36,187 - 36,187 - Total $ 49,809 $ - $ 49,809 $ - During the three nine September 30, 2018 2017, no 1, 2 3. The scheduled maturities of securities are as follows: At September 30, 2018 Amortized Fair Cost Value (in thousands) Due in one to five years $ 3,871 $ 3,829 Due in five to ten years 5,873 5,859 Due after ten years 2,711 2,565 Mortgage-backed securities 33,369 32,106 Total $ 45,824 $ 44,359

Note 3 - Loans

Note 3 - Loans	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 3 Loans Segments and classes of loans, excluding loans held for sale, are as follows: At September 30, At December 31, (in thousands) 2018 2017 Real estate mortgage loans: Commercial $ 84,161 $ 79,565 Residential and home equity 120,545 94,824 Construction 31,001 26,813 Total real estate mortgage loans 235,707 201,202 Commercial loans 49,563 44,027 Consumer and other loans 6,980 7,742 Total loans 292,250 252,971 Add (deduct): Net deferred loan costs 446 424 Allowance for loan losses (3,674 ) (3,136 ) Loans, net $ 289,022 $ 250,259 An analysis of the change in allowance for loan losses follows: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total Three-Month Period Ended September 30, 2018 Beginning balance $ 1,001 $ 1,309 $ 400 $ 749 $ 82 $ 3,541 Provision (credit) for loan losses (61 ) 79 (12 ) 126 3 135 Net (charge-offs) recoveries - - (3 ) 1 - (2 ) Ending balance $ 940 $ 1,388 $ 385 $ 876 $ 85 $ 3,674 Three-Month Period Ended September 30, 2017 Beginning balance $ 811 $ 1,108 $ 338 $ 712 $ 59 $ 3,028 Provision (credit) for loan losses 49 (18 ) (51 ) 28 24 32 Net (charge-offs) recoveries - - - 12 - 12 Ending balance $ 860 $ 1,090 $ 287 $ 752 $ 83 $ 3,072 Nine-Month Period Ended September 30, 2018 Beginning balance $ 894 $ 1,097 $ 331 $ 724 $ 90 $ 3,136 Provision (credit) for loan losses 46 291 57 148 2 544 Net (charge-offs) recoveries - - (3 ) 4 (7 ) (6 ) Ending balance $ 940 $ 1,388 $ 385 $ 876 $ 85 $ 3,674 Nine-Month Period Ended September 30, 2017 Beginning balance $ 775 $ 1,074 $ 258 $ 714 $ 55 $ 2,876 Provision (credit) for loan losses 85 16 29 24 33 187 Net (charge-offs) recoveries - - - 14 (5 ) 9 Ending balance $ 860 $ 1,090 $ 287 $ 752 $ 83 $ 3,072 At September 30, 2018 Individually evaluated for impairment: Recorded investment $ 611 $ 247 $ - $ 208 $ 8 $ 1,074 Balance in allowance for loan losses $ - $ - $ - $ 208 $ 8 $ 216 Collectively evaluated for impairment: Recorded investment $ 83,550 $ 120,298 $ 31,001 $ 49,355 $ 6,972 $ 291,176 Balance in allowance for loan losses $ 940 $ 1,388 $ 385 $ 668 $ 77 $ 3,458 At December 31, 2017 Individually evaluated for impairment: Recorded investment $ - $ - $ - $ 134 $ - $ 134 Balance in allowance for loan losses $ - $ - $ - $ 134 $ - $ 134 Collectively evaluated for impairment: Recorded investment $ 79,565 $ 94,824 $ 26,813 $ 43,893 $ 7,742 $ 252,837 Balance in allowance for loan losses $ 894 $ 1,097 $ 331 $ 590 $ 90 $ 3,002 The Company has divided the loan portfolio into three five Real Estate Mortgage Loans. three Commercial. three five may five may five Residential and Home Equity. first second one four may 1 3 5 7 15 30 Construction. one two one ten not third may Commercial Loans. not third five may not one 504 7A 504 7A may Other factors of risk could include changes in the borrower's management and fluctuations in collateral value. Additionally, there may Cons umer and Other Loans . may not not Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At September 30, 2018 Grade: Pass $ 78,766 $ 117,523 $ 31,001 $ 45,524 $ 6,886 $ 279,700 Special mention 4,784 2,861 - 3,042 86 10,773 Substandard 611 161 - 997 8 1,777 Doubtful - - - - - - Loss - - - - - - Total $ 84,161 $ 120,545 $ 31,001 $ 49,563 $ 6,980 $ 292,250 At December 31, 2017 Grade: Pass $ 74,560 $ 92,282 $ 26,356 $ 42,874 $ 7,715 $ 243,787 Special mention 4,382 2,122 298 591 27 7,420 Substandard 623 420 159 562 - 1,764 Doubtful - - - - - - Loss - - - - - - Total $ 79,565 $ 94,824 $ 26,813 $ 44,027 $ 7,742 $ 252,971 The Company categorizes 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, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. Loans classified as substandard or special mention are reviewed quarterly by the Company for further deterioration or improvement to determine if they are appropriately classified and whether there is any impairment. All loans are graded upon initial issuance. Furthermore, construction loans, nonowner-occupied commercial real estate loans, and commercial loan relationships in excess of $500,000 Loans excluded from the review process above are generally classified as pass credits until: (a) they become past due; (b) management becomes aware of deterioration in the credit worthiness of the borrower; or (c) the client contacts the Company for a modification. In these circumstances, the loan is specifically evaluated for potential classification as to special mention, substandard or even charged-off. The Company uses the following definitions for risk ratings: Pass Special Mention may not not Substandard not Doubtful one Loss not not no At September 30, 2018, four $179,000. Age analysis of past due loans is as follows: Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At September 30, 2018: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 84,161 $ - $ 84,161 Residential and home equity 135 - - 135 120,410 - 120,545 Construction - - - - 31,001 - 31,001 Commercial loans 16 - - 16 49,376 171 49,563 Consumer and other loans - - - - 6,972 8 6,980 Total $ 151 $ - $ - $ 151 $ 291,920 $ 179 $ 292,250 At December 31, 2017: Real estate mortgage loans: Commercial $ - $ 623 $ - $ 623 $ 78,942 $ - $ 79,565 Residential and home equity - 255 - 255 94,569 - 94,824 Construction - - - - 26,813 - 26,813 Commercial loans - - - - 43,893 134 44,027 Consumer and other loans - - - - 7,742 - 7,742 Total $ - $ 878 $ - $ 878 $ 251,959 $ 134 $ 252,971 The following summarizes the amount of impaired loans: With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At September 30, 2018: Real estate mortgage loans: Commercial $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 247 247 - - - 247 247 - Commercial loans - - 208 208 208 208 208 208 Consumer and other loans - - 8 8 8 8 8 8 $ 858 $ 858 $ 216 $ 216 $ 216 $ 1,074 $ 1,074 $ 216 At December 31, 2017: Commercial loans $ - $ - $ 134 $ 134 $ 134 $ 134 $ 134 $ 134 Total $ - $ - $ 134 $ 134 $ 134 $ 134 $ 134 $ 134 The average net investment in impaired loans and interest income recognized and received on impaired loans are as follows: Three Months Ended September 30, 2018 2017 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 611 $ 8 $ 8 $ - $ - $ - Residential and home equity 255 4 3 6 - Construction 1 - - 63 1 1 Commercial loans 159 1 2 22 - - Total $ 1,026 $ 13 $ 13 $ 85 $ 7 $ 1 Nine Months Ended September 30, 2018 2017 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 423 $ 8 $ 8 $ - $ - $ - Residential and home equity 141 5 3 375 28 28 Construction - - - 66 1 2 Commercial loans 154 1 4 56 - - Total $ 718 $ 14 $ 15 $ 497 $ 29 $ 30 There were no September 30, 2018 2017. The restructuring of a loan constitutes a troubled debt restructuring (“TDR”) if the creditor grants a concession to the debtor that it would not may not one nine September 30, 2018 2017. no September 30, 2018 2017. Nine Months Ended September 30, 2018 2017 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (dollars in thousands) Troubled Debt Restructurings - Commercial real estate: Modified principal 1 $ 619 $ 611 $ 611 $ 1 $ 153 $ 169 $ 165 Total 1 $ 619 $ 611 $ 611 $ 1 $ 153 $ 169 $ 165 At September 30, 2018, $648,000 nine September 30, 2018 not

Note 4 - Regulatory Capital

Note 4 - Regulatory Capital	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 4 Regulatory Capital The Bank is subject to various regulatory capital requirements administered by the banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Effective January 1, 2015, Changes that could affect the Bank going forward include additional constraints on the inclusion of deferred tax assets in capital and increased risk weightings for nonperforming loans and acquisition/development loans in regulatory capital. Beginning January 1, 2016, September 30, 2018, September 30, 2018 1.875%. 2.5% January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and percentages (set forth in the table below) of total and Tier 1 1 September 30, 2018 As of September 30, 2018, 1 1 no Actual For Capital Adequacy Purposes For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of September 30, 2018 Tier 1 Leverage Capital $ 36,388 9.21 % $ 15,805 4.00 % $ 19,757 5.00 % Common Equity Tier 1 Risk-based Capital 36,388 12.40 13,203 4.50 19,072 6.50 Tier 1 Risk-based Capital 36,388 12.40 17,605 6.00 23,473 8.00 Total Risk-based Capital 40,055 13.65 23,473 8.00 29,341 10.00 As of December 31, 2017 Tier 1 Leverage Capital $ 33,146 9.48 % $ 13,983 4.00 % $ 17,479 5.00 % Common Equity Tier 1 Risk-based Capital 33,146 12.80 11,654 4.50 16,834 6.50 Tier 1 Risk-based Capital 33,146 12.80 15,539 6.00 20,718 8.00 Total Risk-based Capital 36,282 14.01 20,718 8.00 25,898 10.00

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	( 5 Earnings Per Share Earnings per share, (“EPS”) have been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three nine September 30, 2018 2017, 2018 2017 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending September 30: Basic EPS: Net earnings $ 1,018 3,127,038 $ 0.33 $ 822 3,100,309 $ 0.26 Effect of dilutive securities-incremental shares from assumed conversion of options 3,133 3,235 Diluted EPS: Net earnings $ 1,018 3,130,171 $ 0.33 $ 822 3,103,544 $ 0.26 Nine Months Ending September 30: Basic EPS: Net earnings $ 2,774 3,123,772 $ 0.89 $ 2,123 2,569,375 $ 0.83 Effect of dilutive securities-incremental shares from assumed conversion of options 7,882 9,218 Diluted EPS: Net earnings $ 2,774 3,131,654 $ 0.89 $ 2,123 2,578,593 $ 0.83

Note 6 - Stock Option Plans

Note 6 - Stock Option Plans	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	( 6 Stock Option Plans The 2015 “2015 May 20, 2015 2015 may 500,000, no 15% During the first 2018, 15,667 December 31, 2017. 100% During the second 2018, 120,000 5 April 1, 2024 April 1, 2028. During the second 2018, 25,000 92,250 5 April 1, 2024 April 1, 2028. second 2018 10 As of September 30, 2018, 264,457 2015 204,844 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2016 - $ - Options granted 11,540 17.03 Outstanding at September 30, 2017 11,540 $ 17.03 Outstanding at December 31, 2017 11,540 $ 17.03 Options granted 252,917 19.79 Outstanding at September 30, 2018 (in years) 264,457 $ 19.79 8.60 $ 430,000 Exercisable at September 30, 2018 (in years) 37,207 $ 17.93 3.05 $ 130,000 The fair value of shares vested and recognized as compensation expense was $105,000 $15,000 nine September 30, 2018 2017, September 30, 2018, $690,000 2015 54 The fair value of each option granted during the nine September 30, 2018 Weighted average risk-free interest rate 1.47 - 2.63% Expected dividend yield 0.41 - 0.50% Expected stock volatility 10.07 - 11.90% Expected life in years 2.5 - 6.5 Per share fair value of options issued during period $1.49 - $3.35 The Company used the guidance in Staff Accounting Bulletin No. 107 As of May 20, 2015, no 2007 “2007 2007 2007 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2016 42,200 $ 10.16 Options exercised (2,600 ) 10.00 Options forfeited (200 ) 10.00 Outstanding at September 30, 2017 39,400 $ 10.17 Options exercised (16,850 ) $ 10.00 Options forfeited (350 ) $ 10.00 Outstanding at December 31, 2017 22,200 $ 10.31 Options exercised (7,500 ) 10.00 Outstanding at September 30, 2018 (in years) 14,700 $ 10.46 1.20 $ 161,000 Exercisable at September 30, 2018 (in years) 14,700 $ 10.46 1.20 $ 161,000 At September 30, 2018, no 2007 In 2012, 110% no 74,805 nine September 30, 2018 2017, 2,194 3,104 110% $46,000 $51,000, September 30, 2018, 55,908

Note 7 - Federal Home Loan Bank

Note 7 - Federal Home Loan Bank Advances	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Federal Home Loan Bank, Advances [Text Block]	( 7 Federal Home Loan Bank Advances Federal Home Loan Bank (“FHLB”) advances are collateralized by a blanket lien on qualifying residential real estate, commercial real estate, home equity lines of credit and multi-family loans. Under this blanket lien, the Company could borrow up to $37.9 September 30, 2018. September 30, 2018 December 31, 2017, no

Note 8 - Fair Value of Financia

Note 8 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 8 Fair Value of Financial Instruments The estimated fair values and fair value measurement method with respect to the Company's financial instruments were as follows: At September 30, 2018 At December 31, 2017 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 56,775 $ 56,775 $ 32,397 $ 32,397 Securities available for sale 2 44,359 44,359 49,809 49,809 Loans held for sale 3 6,782 6,822 5,880 6,039 Loans, net 3 289,022 285,506 250,259 249,628 Federal Home Loan Bank stock 3 355 355 316 316 Accrued interest receivable 3 1,028 1,028 978 978 Financial liabilities- Deposits 3 355,246 355,553 298,297 298,403 Off-Balance Sheet Items 3 - - - - Discussion regarding the assumptions used to compute the estimated fair values of financial instruments can be found in Note 1 10 December 31, 2017.

Note 9 - Off-balance Sheet Fina

Note 9 - Off-balance Sheet Financial Instruments	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Off-balance Sheet Financial Instruments [Text Block]	( 9 B alance S heet Financial Instruments The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its clients. These financial instruments are commitments to extend credit, construction loans in process, unused lines of credit, standby letters of credit, and guaranteed accounts and may The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for available lines of credit, construction loans in process and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. Commitments to extend credit, construction loans in process and unused lines of credit are agreements to lend to a client as long as there is no may not Standby letters of credit are written conditional commitments issued by the Company to guarantee the performance of a client to a third third one not third $565,000 September 30, 2018. Guaranteed accounts are irrevocable standby letters of credit issued by us to guarantee a client’s credit line with our third 10%. Standby letters of credit and commitments to extend credit typically result in loans with a market interest rate when funded. The maximum potential amount of future payments we could be required to make for off-balance sheet financial instruments is represented by the dollar amount disclosed in the table below. At September 30, 2018 (in thousands) Commitments to extend credit $ 5,670 Construction loans in process $ 16,280 Unused lines of credit $ 41,954 Standby letters of credit $ 2,312 Guaranteed accounts $ 1,329

Note 10 - Premises and Equipmen

Note 10 - Premises and Equipment	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 10 Effective August 6, 2018, 1471 32312. 15 four five September 28, 2018. six March 28, 2019. 120 Years Annual Rent Amount 1 - 5 $ 294,000 6 - 10 $ 323,400 11 - 15 $ 355,740 Prior to the Rent Commencement Date, the Bank will pay rent in accordance with its prior lease as disclosed in the Company’s annual report on Form 10 December 31, 2017. The Lease is a fully net lease, with the Bank separately paying real and personal property taxes, all special and third

Note 11 - Subsequent Event

Note 11 - Subsequent Event	9 Months Ended
	Sep. 30, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	( 11 Subsequent Event On October 10, 2018, 4 None not

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Incom e .
Share-based Compensation, Option and Incentive Plans, Director Policy [Policy Text Block]	S tock - Based Compensation.
Loans and Leases Receivable, Mortgage Banking Activities, Policy [Policy Text Block]	Mortgage Banking Revenue.
Reclassification, Policy [Policy Text Block]	Reclassifications.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Standards Update. January 2016, No. 2016 01, Financial Instruments-Overall (Subtopic 825 10 Recognition and Measurement of Financial Assets and Financial Liabilities, December 15, 2017, not In February 2016, No. 2016 2, Leases (Topic 842 twelve December 15, 2018. In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. In January 2017, No. 2017 01, 805 not December 15, 2017. not In March 2017, No. 2017 08, No December 15, 2018. In June 2018, No. 2018 07, 718 718. Consequently, the accounting for share-based payments to nonemployees and employees will be substantially aligned. The ASU supersedes Subtopic 505 50, December 15, 2018, no 606,

Note 2 - Securities Available_2

Note 2 - Securities Available for Sale (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At September 30, 2018 U.S. Government agency securities $ 815 $ - $ (24 ) $ 791 Municipal securities 11,640 31 (209 ) 11,462 Mortgage-backed securities 33,369 16 (1,279 ) 32,106 Total $ 45,824 $ 47 $ (1,512 ) $ 44,359 At December 31, 2017 U.S. Government agency securities $ 1,251 $ 6 $ (8 ) $ 1,249 Municipal securities 12,340 128 (95 ) 12,373 Mortgage-backed securities 36,614 23 (450 ) 36,187 Total $ 50,205 $ 157 $ (553 ) $ 49,809
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2018 2017 2018 2017 Proceeds from sale of securities $ - $ - $ - $ 750 Gross gains - - - - Gross losses - - - (1 ) Net loss on sale of securities $ - $ - $ - $ (1 )
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less Than Twelve Months Over Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At September 30, 2018 Securities Available for Sale U.S. Government agency securities $ (4 ) $ 240 $ (20 ) $ 551 Municipal securities (116 ) 4,807 (93 ) 2,568 Mortgage-backed securities (185 ) 5,368 (1,094 ) 26,162 Total $ (305 ) $ 10,415 $ (1,207 ) $ 29,281 At December 31, 2017 Securities Available for Sale U.S. Government agency securities $ (8 ) $ 694 $ - $ - Municipal securities (36 ) 1,831 (59 ) 1,203 Mortgage-backed securities (308 ) 29,742 (142 ) 5,667 Total $ (352 ) $ 32,267 $ (201 ) $ 6,870
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At September 30, 2018 U.S. Government agency securities $ 791 $ - $ 791 $ - Municipal securities 11,462 - 11,462 - Mortgage-backed securities 32,106 - 32,106 - Total $ 44,359 $ - $ 44,359 $ - At December 31, 2017 U.S. Government agency securities $ 1,249 $ - $ 1,249 $ - Municipal securities 12,373 - 12,373 - Mortgage-backed securities 36,187 - 36,187 - Total $ 49,809 $ - $ 49,809 $ -
Available-for-sale Securities [Table Text Block]	At September 30, 2018 Amortized Fair Cost Value (in thousands) Due in one to five years $ 3,871 $ 3,829 Due in five to ten years 5,873 5,859 Due after ten years 2,711 2,565 Mortgage-backed securities 33,369 32,106 Total $ 45,824 $ 44,359

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	At September 30, At December 31, (in thousands) 2018 2017 Real estate mortgage loans: Commercial $ 84,161 $ 79,565 Residential and home equity 120,545 94,824 Construction 31,001 26,813 Total real estate mortgage loans 235,707 201,202 Commercial loans 49,563 44,027 Consumer and other loans 6,980 7,742 Total loans 292,250 252,971 Add (deduct): Net deferred loan costs 446 424 Allowance for loan losses (3,674 ) (3,136 ) Loans, net $ 289,022 $ 250,259
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total Three-Month Period Ended September 30, 2018 Beginning balance $ 1,001 $ 1,309 $ 400 $ 749 $ 82 $ 3,541 Provision (credit) for loan losses (61 ) 79 (12 ) 126 3 135 Net (charge-offs) recoveries - - (3 ) 1 - (2 ) Ending balance $ 940 $ 1,388 $ 385 $ 876 $ 85 $ 3,674 Three-Month Period Ended September 30, 2017 Beginning balance $ 811 $ 1,108 $ 338 $ 712 $ 59 $ 3,028 Provision (credit) for loan losses 49 (18 ) (51 ) 28 24 32 Net (charge-offs) recoveries - - - 12 - 12 Ending balance $ 860 $ 1,090 $ 287 $ 752 $ 83 $ 3,072 Nine-Month Period Ended September 30, 2018 Beginning balance $ 894 $ 1,097 $ 331 $ 724 $ 90 $ 3,136 Provision (credit) for loan losses 46 291 57 148 2 544 Net (charge-offs) recoveries - - (3 ) 4 (7 ) (6 ) Ending balance $ 940 $ 1,388 $ 385 $ 876 $ 85 $ 3,674 Nine-Month Period Ended September 30, 2017 Beginning balance $ 775 $ 1,074 $ 258 $ 714 $ 55 $ 2,876 Provision (credit) for loan losses 85 16 29 24 33 187 Net (charge-offs) recoveries - - - 14 (5 ) 9 Ending balance $ 860 $ 1,090 $ 287 $ 752 $ 83 $ 3,072 At September 30, 2018 Individually evaluated for impairment: Recorded investment $ 611 $ 247 $ - $ 208 $ 8 $ 1,074 Balance in allowance for loan losses $ - $ - $ - $ 208 $ 8 $ 216 Collectively evaluated for impairment: Recorded investment $ 83,550 $ 120,298 $ 31,001 $ 49,355 $ 6,972 $ 291,176 Balance in allowance for loan losses $ 940 $ 1,388 $ 385 $ 668 $ 77 $ 3,458 At December 31, 2017 Individually evaluated for impairment: Recorded investment $ - $ - $ - $ 134 $ - $ 134 Balance in allowance for loan losses $ - $ - $ - $ 134 $ - $ 134 Collectively evaluated for impairment: Recorded investment $ 79,565 $ 94,824 $ 26,813 $ 43,893 $ 7,742 $ 252,837 Balance in allowance for loan losses $ 894 $ 1,097 $ 331 $ 590 $ 90 $ 3,002
Financing Receivable Credit Quality Indicators [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At September 30, 2018 Grade: Pass $ 78,766 $ 117,523 $ 31,001 $ 45,524 $ 6,886 $ 279,700 Special mention 4,784 2,861 - 3,042 86 10,773 Substandard 611 161 - 997 8 1,777 Doubtful - - - - - - Loss - - - - - - Total $ 84,161 $ 120,545 $ 31,001 $ 49,563 $ 6,980 $ 292,250 At December 31, 2017 Grade: Pass $ 74,560 $ 92,282 $ 26,356 $ 42,874 $ 7,715 $ 243,787 Special mention 4,382 2,122 298 591 27 7,420 Substandard 623 420 159 562 - 1,764 Doubtful - - - - - - Loss - - - - - - Total $ 79,565 $ 94,824 $ 26,813 $ 44,027 $ 7,742 $ 252,971
Past Due Financing Receivables [Table Text Block]	Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At September 30, 2018: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 84,161 $ - $ 84,161 Residential and home equity 135 - - 135 120,410 - 120,545 Construction - - - - 31,001 - 31,001 Commercial loans 16 - - 16 49,376 171 49,563 Consumer and other loans - - - - 6,972 8 6,980 Total $ 151 $ - $ - $ 151 $ 291,920 $ 179 $ 292,250 At December 31, 2017: Real estate mortgage loans: Commercial $ - $ 623 $ - $ 623 $ 78,942 $ - $ 79,565 Residential and home equity - 255 - 255 94,569 - 94,824 Construction - - - - 26,813 - 26,813 Commercial loans - - - - 43,893 134 44,027 Consumer and other loans - - - - 7,742 - 7,742 Total $ - $ 878 $ - $ 878 $ 251,959 $ 134 $ 252,971
Impaired Financing Receivables [Table Text Block]	With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At September 30, 2018: Real estate mortgage loans: Commercial $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 247 247 - - - 247 247 - Commercial loans - - 208 208 208 208 208 208 Consumer and other loans - - 8 8 8 8 8 8 $ 858 $ 858 $ 216 $ 216 $ 216 $ 1,074 $ 1,074 $ 216 At December 31, 2017: Commercial loans $ - $ - $ 134 $ 134 $ 134 $ 134 $ 134 $ 134 Total $ - $ - $ 134 $ 134 $ 134 $ 134 $ 134 $ 134
Impaired Financing Receivables, Average Recorded Investment, and Interest Income Recognized [Table Text Block]	Three Months Ended September 30, 2018 2017 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 611 $ 8 $ 8 $ - $ - $ - Residential and home equity 255 4 3 6 - Construction 1 - - 63 1 1 Commercial loans 159 1 2 22 - - Total $ 1,026 $ 13 $ 13 $ 85 $ 7 $ 1 Nine Months Ended September 30, 2018 2017 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 423 $ 8 $ 8 $ - $ - $ - Residential and home equity 141 5 3 375 28 28 Construction - - - 66 1 2 Commercial loans 154 1 4 56 - - Total $ 718 $ 14 $ 15 $ 497 $ 29 $ 30
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Nine Months Ended September 30, 2018 2017 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (dollars in thousands) Troubled Debt Restructurings - Commercial real estate: Modified principal 1 $ 619 $ 611 $ 611 $ 1 $ 153 $ 169 $ 165 Total 1 $ 619 $ 611 $ 611 $ 1 $ 153 $ 169 $ 165

Note 4 - Regulatory Capital (Ta

Note 4 - Regulatory Capital (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual For Capital Adequacy Purposes For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of September 30, 2018 Tier 1 Leverage Capital $ 36,388 9.21 % $ 15,805 4.00 % $ 19,757 5.00 % Common Equity Tier 1 Risk-based Capital 36,388 12.40 13,203 4.50 19,072 6.50 Tier 1 Risk-based Capital 36,388 12.40 17,605 6.00 23,473 8.00 Total Risk-based Capital 40,055 13.65 23,473 8.00 29,341 10.00 As of December 31, 2017 Tier 1 Leverage Capital $ 33,146 9.48 % $ 13,983 4.00 % $ 17,479 5.00 % Common Equity Tier 1 Risk-based Capital 33,146 12.80 11,654 4.50 16,834 6.50 Tier 1 Risk-based Capital 33,146 12.80 15,539 6.00 20,718 8.00 Total Risk-based Capital 36,282 14.01 20,718 8.00 25,898 10.00

Note 5 - Earnings Per Share (Ta

Note 5 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2018 2017 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending September 30: Basic EPS: Net earnings $ 1,018 3,127,038 $ 0.33 $ 822 3,100,309 $ 0.26 Effect of dilutive securities-incremental shares from assumed conversion of options 3,133 3,235 Diluted EPS: Net earnings $ 1,018 3,130,171 $ 0.33 $ 822 3,103,544 $ 0.26 Nine Months Ending September 30: Basic EPS: Net earnings $ 2,774 3,123,772 $ 0.89 $ 2,123 2,569,375 $ 0.83 Effect of dilutive securities-incremental shares from assumed conversion of options 7,882 9,218 Diluted EPS: Net earnings $ 2,774 3,131,654 $ 0.89 $ 2,123 2,578,593 $ 0.83

Note 6 - Stock Option Plans (Ta

Note 6 - Stock Option Plans (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Weighted average risk-free interest rate 1.47 - 2.63% Expected dividend yield 0.41 - 0.50% Expected stock volatility 10.07 - 11.90% Expected life in years 2.5 - 6.5 Per share fair value of options issued during period $1.49 - $3.35
The 2007 Stock Option Plan [Member]
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2016 42,200 $ 10.16 Options exercised (2,600 ) 10.00 Options forfeited (200 ) 10.00 Outstanding at September 30, 2017 39,400 $ 10.17 Options exercised (16,850 ) $ 10.00 Options forfeited (350 ) $ 10.00 Outstanding at December 31, 2017 22,200 $ 10.31 Options exercised (7,500 ) 10.00 Outstanding at September 30, 2018 (in years) 14,700 $ 10.46 1.20 $ 161,000 Exercisable at September 30, 2018 (in years) 14,700 $ 10.46 1.20 $ 161,000
The 2015 Stock Incentive Compensation Plan [Member]
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2016 - $ - Options granted 11,540 17.03 Outstanding at September 30, 2017 11,540 $ 17.03 Outstanding at December 31, 2017 11,540 $ 17.03 Options granted 252,917 19.79 Outstanding at September 30, 2018 (in years) 264,457 $ 19.79 8.60 $ 430,000 Exercisable at September 30, 2018 (in years) 37,207 $ 17.93 3.05 $ 130,000

Note 8 - Fair Value of Financ_2

Note 8 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At September 30, 2018 At December 31, 2017 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 56,775 $ 56,775 $ 32,397 $ 32,397 Securities available for sale 2 44,359 44,359 49,809 49,809 Loans held for sale 3 6,782 6,822 5,880 6,039 Loans, net 3 289,022 285,506 250,259 249,628 Federal Home Loan Bank stock 3 355 355 316 316 Accrued interest receivable 3 1,028 1,028 978 978 Financial liabilities- Deposits 3 355,246 355,553 298,297 298,403 Off-Balance Sheet Items 3 - - - -

Note 9 - Off-balance Sheet Fi_2

Note 9 - Off-balance Sheet Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	At September 30, 2018 (in thousands) Commitments to extend credit $ 5,670 Construction loans in process $ 16,280 Unused lines of credit $ 41,954 Standby letters of credit $ 2,312 Guaranteed accounts $ 1,329

Note 10 - Premises and Equipm_2

Note 10 - Premises and Equipment (Tables)	9 Months Ended
	Sep. 30, 2018
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Years Annual Rent Amount 1 - 5 $ 294,000 6 - 10 $ 323,400 11 - 15 $ 355,740

Note 1 - General (Details Textu

Note 1 - General (Details Textual)	9 Months Ended
	Sep. 30, 2018
Subsidiary, Ownership Percentage By Parent	100.00%
Number of Banking Offices	3

Note 2 - Securities Available_3

Note 2 - Securities Available for Sale (Details Textual)	Sep. 30, 2018	Dec. 31, 2017
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	41	34

Note 2 - Securities Available_4

Note 2 - Securities Available for Sale - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Amortized Cost	$ 45,824	$ 50,205
Gross Unrealized Gains	47	157
Gross Unrealized Losses	(1,512)	(553)
Securities available for sale	44,359	49,809
US Government Agencies Debt Securities [Member]
Amortized Cost	815	1,251
Gross Unrealized Gains		6
Gross Unrealized Losses	(24)	(8)
Securities available for sale	791	1,249
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	11,640	12,340
Gross Unrealized Gains	31	128
Gross Unrealized Losses	(209)	(95)
Securities available for sale	11,462	12,373
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	33,369	36,614
Gross Unrealized Gains	16	23
Gross Unrealized Losses	(1,279)	(450)
Securities available for sale	$ 32,106	$ 36,187

Note 2 - Securities Available_5

Note 2 - Securities Available for Sale - Summary of Sale of Securities Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Proceeds from sale of securities				$ 750
Gross gains
Gross losses				(1)
Net loss on sale of securities				$ (1)

Note 2 - Securities Available_6

Note 2 - Securities Available for Sale - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Gross Unrealized Losses, Less Than Twelve Months	$ (305)	$ (352)
Fair Value, Less Than Twelve Months	10,415	32,267
Gross Unrealized Losses, Over Twelve Months	(1,207)	(201)
Fair Value, Over Twelve Months	29,281	6,870
US Government Agencies Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(4)	(8)
Fair Value, Less Than Twelve Months	240	694
Gross Unrealized Losses, Over Twelve Months	(20)
Fair Value, Over Twelve Months	551
US States and Political Subdivisions Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(116)	(36)
Fair Value, Less Than Twelve Months	4,807	1,831
Gross Unrealized Losses, Over Twelve Months	(93)	(59)
Fair Value, Over Twelve Months	2,568	1,203
Collateralized Mortgage Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(185)	(308)
Fair Value, Less Than Twelve Months	5,368	29,742
Gross Unrealized Losses, Over Twelve Months	(1,094)	(142)
Fair Value, Over Twelve Months	$ 26,162	$ 5,667

Note 2 - Securities Available_7

Note 2 - Securities Available for Sale - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Securities available for sale	$ 44,359	$ 49,809
US Government Agencies Debt Securities [Member]
Securities available for sale	791	1,249
US States and Political Subdivisions Debt Securities [Member]
Securities available for sale	11,462	12,373
Collateralized Mortgage Backed Securities [Member]
Securities available for sale	32,106	36,187
Fair Value, Measurements, Recurring [Member]
Securities available for sale	44,359	49,809
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	44,359	49,809
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Securities available for sale	791	1,249
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	791	1,249
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Securities available for sale	11,462	12,373
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	11,462	12,373
Fair Value, Measurements, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Securities available for sale	32,106	36,187
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	32,106	36,187
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale

Note 2 - Securities Available_8

Note 2 - Securities Available for Sale - Scheduled Maturities of Securities with Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Due in one to five years, amortized cost	$ 3,871
Due in one to five years, Fair value	3,829
Due in five to ten years, amortized cost	5,873
Due in five to ten years, Fair value	5,859
Due after ten years, amortized cost	2,711
Due after ten years, Fair value	2,565
Mortgage-backed securities, amortized cost	33,369
Mortgage-backed securities, Fair value	32,106
Total, amortized cost	45,824	$ 50,205
Total, Fair value	$ 44,359	$ 49,809

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Number of Loan Portfolio Segments	3		3
Number of Portfolio Classes	5		5
Impairment Valuation Loan Limit			$ 500,000
Financing Receivable, Recorded Investment, Nonaccrual Status, Number of Loans	4		4
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 179,000		$ 179,000		$ 134,000
Financing Receivable, Modifications, Number of Contracts	0	0	1	1
Financing Receivable, Modifications, Recorded Investment	$ 648,000		$ 648,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts			0
Nonperforming Financial Instruments [Member] | Collateral Pledged [Member] | Fair Value, Measurements, Nonrecurring [Member]
Loans Receivable, Fair Value Disclosure	$ 0	$ 0	$ 0	$ 0
Minimum [Member] | Loans Receivable [Member]
Loan Maturity Period			1 year
Maximum [Member] | Loans Receivable [Member]
Loan Maturity Period			10 years
Real Estate Mortgage Loans [Member]
Number of Portfolio Classes	3		3
Commercial Real Estate Portfolio Segment [Member]
Period of Fixed Interest Rate			5 years
Financing Receivable, Modifications, Number of Contracts			1	1
Financing Receivable, Modifications, Recorded Investment	$ 611,000	$ 165,000	$ 611,000	$ 165,000
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Loan Maturity Period			3 years
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Loan Maturity Period			5 years
Residential Portfolio Segment [Member] | Period 1 [Member]
Period of Fixed Interest Rate			15 years
Period of Adjustment of Interest Rate			1 year
Residential Portfolio Segment [Member] | Period 2 [Member]
Period of Fixed Interest Rate			30 years
Period of Adjustment of Interest Rate			3 years
Residential Portfolio Segment [Member] | Period 3 [Member]
Period of Adjustment of Interest Rate			5 years
Residential Portfolio Segment [Member] | Period 4 [Member]
Period of Adjustment of Interest Rate			7 years
Real Estate Construction Loan [Member] | Minimum [Member]
Loan Maturity Period			1 year
Real Estate Construction Loan [Member] | Maximum [Member]
Loan Maturity Period			2 years
Commercial Portfolio Segment [Member] | Maximum [Member] | Equipment Loans [Member]
Loan Maturity Period			5 years

Note 3 - Loans - Composition of

Note 3 - Loans - Composition of Company's Loan Portfolio, Excluding Loans Held for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Total loans	$ 292,250		$ 252,971
Net deferred loan costs	446		424
Allowance for loan losses	(3,674)	$ (3,541)	(3,136)	$ (3,072)	$ (3,028)	$ (2,876)
Loans, net	289,022		250,259
Mortgage Receivable [Member]
Total loans	235,707		201,202
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	84,161		79,565
Allowance for loan losses	(940)	(1,001)	(894)	(860)	(811)	(775)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	120,545		94,824
Allowance for loan losses	(1,388)	(1,309)	(1,097)	(1,090)	(1,108)	(1,074)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	31,001		26,813
Allowance for loan losses	(385)	(400)	(331)	(287)	(338)	(258)
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	49,563		44,027
Allowance for loan losses	(876)	(749)	(724)	(752)	(712)	(714)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	6,980		7,742
Allowance for loan losses	$ (85)	$ (82)	$ (90)	$ (83)	$ (59)	$ (55)

Note 3 - Loans - Summary of Cha

Note 3 - Loans - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Beginning balance	$ 3,541	$ 3,028	$ 3,136	$ 2,876
Provision (credit) for loan losses	135	32	544	187
Net (charge-offs) recoveries	(2)	12	(6)	9
Ending balance	3,674	3,072	3,674	3,072
Recorded investment, individually evaluated for impairment	1,074		1,074		$ 134
Balance in allowance for loan losses, individually evaluated for impairment	216		216		134
Recorded investment, collectively evaluated for impairment	291,176		291,176		252,837
Balance in allowance for loan losses, collectively evaluated for impairment	3,458		3,458		3,002
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Beginning balance	1,001	811	894	775
Provision (credit) for loan losses	(61)	49	46	85
Net (charge-offs) recoveries
Ending balance	940	860	940	860
Recorded investment, individually evaluated for impairment	611		611
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	83,550		83,550		79,565
Balance in allowance for loan losses, collectively evaluated for impairment	940		940		894
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Beginning balance	1,309	1,108	1,097	1,074
Provision (credit) for loan losses	79	(18)	291	16
Net (charge-offs) recoveries
Ending balance	1,388	1,090	1,388	1,090
Recorded investment, individually evaluated for impairment	247		247
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	120,298		120,298		94,824
Balance in allowance for loan losses, collectively evaluated for impairment	1,388		1,388		1,097
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Beginning balance	400	338	331	258
Provision (credit) for loan losses	(12)	(51)	57	29
Net (charge-offs) recoveries	(3)		(3)
Ending balance	385	287	385	287
Recorded investment, individually evaluated for impairment
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	31,001		31,001		26,813
Balance in allowance for loan losses, collectively evaluated for impairment	385		385		331
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Beginning balance	749	712	724	714
Provision (credit) for loan losses	126	28	148	24
Net (charge-offs) recoveries	1	12	4	14
Ending balance	876	752	876	752
Recorded investment, individually evaluated for impairment	208		208		134
Balance in allowance for loan losses, individually evaluated for impairment	208		208		134
Recorded investment, collectively evaluated for impairment	49,355		49,355		43,893
Balance in allowance for loan losses, collectively evaluated for impairment	668		668		590
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Beginning balance	82	59	90	55
Provision (credit) for loan losses	3	24	2	33
Net (charge-offs) recoveries			(7)	(5)
Ending balance	85	$ 83	85	$ 83
Recorded investment, individually evaluated for impairment	8		8
Balance in allowance for loan losses, individually evaluated for impairment	8		8
Recorded investment, collectively evaluated for impairment	6,972		6,972		7,742
Balance in allowance for loan losses, collectively evaluated for impairment	$ 77		$ 77		$ 90

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Loans by credit quality	$ 292,250	$ 252,971
Pass [Member]
Loans by credit quality	279,700	243,787
Special Mention [Member]
Loans by credit quality	10,773	7,420
Substandard [Member]
Loans by credit quality	1,777	1,764
Doubtful [Member]
Loans by credit quality
Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member]
Loans by credit quality	235,707	201,202
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	84,161	79,565
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	78,766	74,560
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	4,784	4,382
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	611	623
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Loans by credit quality	120,545	94,824
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	117,523	92,282
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	2,861	2,122
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	161	420
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Loans by credit quality	31,001	26,813
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Pass [Member]
Loans by credit quality	31,001	26,356
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Special Mention [Member]
Loans by credit quality		298
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Substandard [Member]
Loans by credit quality		159
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	49,563	44,027
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	45,524	42,874
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	3,042	591
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	997	562
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Loans by credit quality	6,980	7,742
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	6,886	7,715
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	86	27
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	8
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality

Note 3 - Loans - Summary of Pas

Note 3 - Loans - Summary of Past Due Loans (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Accruing Loans, Past Due	$ 151,000	$ 878,000
Accruing Loans, Current	291,920,000	251,959,000
Nonaccrual Loans	179,000	134,000
Loans by credit quality	292,250,000	252,971,000
Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	151,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due		878,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member]
Loans by credit quality	235,707,000	201,202,000
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Accruing Loans, Past Due		623,000
Accruing Loans, Current	84,161,000	78,942,000
Nonaccrual Loans
Loans by credit quality	84,161,000	79,565,000
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due		623,000
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Accruing Loans, Past Due	135,000	255,000
Accruing Loans, Current	120,410,000	94,569,000
Nonaccrual Loans
Loans by credit quality	120,545,000	94,824,000
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	135,000
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due		255,000
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Accruing Loans, Past Due
Accruing Loans, Current	31,001,000	26,813,000
Nonaccrual Loans
Loans by credit quality	31,001,000	26,813,000
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Accruing Loans, Past Due	16,000
Accruing Loans, Current	49,376,000	43,893,000
Nonaccrual Loans	171,000	134,000
Loans by credit quality	49,563,000	44,027,000
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	16,000
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Accruing Loans, Past Due
Accruing Loans, Current	6,972,000	7,742,000
Nonaccrual Loans	8,000
Loans by credit quality	6,980,000	7,742,000
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due

Note 3 - Loans - Summary of Imp

Note 3 - Loans - Summary of Impaired Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
With No Related Allowance Recorded, Recorded Investment	$ 858
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	858
With an Allowance Recorded, Recorded Investment	216	134
With an Allowance Recorded, Unpaid Contractual Principal Balance	216	134
Related Allowance	216	134
Total Recorded Investment	1,074	134
Total Unpaid Contractual Principal Balance	1,074	134
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	611
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	611
With an Allowance Recorded, Recorded Investment
With an Allowance Recorded, Unpaid Contractual Principal Balance
Related Allowance
Total Recorded Investment	611
Total Unpaid Contractual Principal Balance	611
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	247
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	247
With an Allowance Recorded, Recorded Investment
With an Allowance Recorded, Unpaid Contractual Principal Balance
Related Allowance
Total Recorded Investment	247
Total Unpaid Contractual Principal Balance	247
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment
With No Related Allowance Recorded, Unpaid Contractual Principal Balance
With an Allowance Recorded, Recorded Investment	208	134
With an Allowance Recorded, Unpaid Contractual Principal Balance	208	134
Related Allowance	208	134
Total Recorded Investment	208	134
Total Unpaid Contractual Principal Balance	208	$ 134
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment
With No Related Allowance Recorded, Unpaid Contractual Principal Balance
With an Allowance Recorded, Recorded Investment	8
With an Allowance Recorded, Unpaid Contractual Principal Balance	8
Related Allowance	8
Total Recorded Investment	8
Total Unpaid Contractual Principal Balance	$ 8

Note 3 - Loans - Summary of Ave

Note 3 - Loans - Summary of Average Net Investment in Impaired Loans and Interest Income Recognized and Received on Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Average Recorded Investment	$ 1,026	$ 85	$ 718	$ 497
Interest Income Recognized	13	7	14	29
Interest Income Received	13	1	15	30
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Average Recorded Investment	611		423
Interest Income Recognized	8		8
Interest Income Received	8		8
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Average Recorded Investment	255		141	375
Interest Income Recognized	4	6	5	28
Interest Income Received	3		3	28
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Average Recorded Investment	1	63		66
Interest Income Recognized		1		1
Interest Income Received		1		2
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Average Recorded Investment	159	22	154	56
Interest Income Recognized	1		1
Interest Income Received	$ 2		$ 4

Note 3 - Loans - Summary of L_2

Note 3 - Loans - Summary of Loans Determined to Be Troubled Debt Restructurings (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)
Number of Contracts	0	0	1	1
Current Modification Outstanding Recorded Investment	$ 648,000		$ 648,000
Commercial Real Estate Portfolio Segment [Member]
Number of Contracts			1	1
Pre-Modification Outstanding Recorded Investment			$ 619,000	$ 153,000
Post-Modification Outstanding Recorded Investment			611,000	169,000
Current Modification Outstanding Recorded Investment	611,000	$ 165,000	$ 611,000	$ 165,000
Commercial Real Estate Portfolio Segment [Member] | Modified Principal [Member]
Number of Contracts			1	1
Pre-Modification Outstanding Recorded Investment			$ 619,000	$ 153,000
Post-Modification Outstanding Recorded Investment			611,000	169,000
Current Modification Outstanding Recorded Investment	$ 611,000	$ 165,000	$ 611,000	$ 165,000

Note 4 - Regulatory Capital (De

Note 4 - Regulatory Capital (Details Textual)	Jan. 01, 2019	Sep. 30, 2018
Percentage of Capital Conservation Buffer, Minimum Risk-based Capital Requirement		1.875%
Scenario, Forecast [Member]
Capital Conservation Buffer Rate	2.50%

Note 4 - Regulatory Capital - S

Note 4 - Regulatory Capital - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Tier 1 Leverage Capital, actual amount	$ 36,388	$ 33,146
Tier 1 Leverage Capital, actual percentage	9.21%	9.48%
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 15,805	$ 13,983
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Percentage	4.00%	4.00%
Tier 1 Leverage Capital, For Well Capitalized Purposes, Amount	$ 19,757	$ 17,479
Tier 1 Leverage Capital, For Well Capitalized Purposes, Percentage	5.00%	5.00%
Common Equity Tier 1 Risk-based Capital, actual amount	$ 36,388	$ 33,146
Common Equity Tier 1 Risk-based Capital, actual percentage	12.40%	12.80%
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 13,203	$ 11,654
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	4.50%	4.50%
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 19,072	$ 16,834
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	6.50%	6.50%
Tier 1 Risk-based Capital, actual amount	$ 36,388	$ 33,146
Tier 1 Risk-based Capital, actual percentage	12.40%	12.80%
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 17,605	$ 15,539
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	6.00%	6.00%
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 23,473	$ 20,718
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	8.00%	8.00%
Total Risk-based Capital, actual amount	$ 40,055	$ 36,282
Total Risk-based Capital, actual percentage	13.65%	14.01%
Total Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 23,473	$ 20,718
Total Risk-based Capital, For Well Capitalized Purposes, Amount	$ 29,341	$ 25,898
Total Risk-based Capital, For Well Capitalized Purposes, Percentage	10.00%	10.00%

Note 5 - Earnings Per Share - C

Note 5 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net earnings, basic	$ 1,018	$ 822	$ 2,774	$ 2,123
Weighted-average Shares, basic (in shares)	3,127,038	3,100,309	3,123,772	2,569,375
Net earnings, per share amount, basic (in dollars per share)	$ 0.33	$ 0.26	$ 0.89	$ 0.83
Effect of dilutive securities-incremental shares from assumed conversion of options (in shares)	3,133	3,235	7,882	9,218
Net earnings, diluted	$ 1,018	$ 822	$ 2,774	$ 2,123
Weighted-average Shares, diluted (in shares)	3,130,171	3,103,544	3,131,654	2,578,593
Net earnings, per share amount, diluted (in dollars per share)	$ 0.33	$ 0.26	$ 0.89	$ 0.83

Note 6 - Stock Option Plans (De

Note 6 - Stock Option Plans (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		40 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018
Allocated Share-based Compensation Expense, Total			$ 105,000	$ 15,000
Stock Issued During Period, Value, Share-based Compensation, Gross			$ 46,000	$ 51,000
Incentive Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Incentive Stock Options [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	25,000	15,667
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		100.00%
Incentive Stock Options [Member] | Remaining Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	92,250
Non-qualified Stock Options [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	120,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
The 2015 Stock Incentive Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			252,917	11,540	264,457
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			204,844		204,844
The 2015 Stock Incentive Compensation Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			500,000		500,000
Maximum Percentage of Shares Issued			15.00%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 690,000		$ 690,000
Share-based Compensation Arrangement By Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term			4 years 180 days
The 2007 Stock Option Plan [Member] | Employee Stock Option [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 0		$ 0
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			74,805		74,805
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			2,194	3,104
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			55,908		55,908
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees			110.00%		110.00%
Stock Issued During Period, Value, Share-based Compensation, Gross			$ 46,000	$ 51,000

Note 6 - Stock Option Plans - S

Note 6 - Stock Option Plans - Summary of the 2015 Plan (Details) - The 2015 Stock Incentive Compensation Plan [Member] - USD ($)	9 Months Ended		40 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018
Number of Options, Outstanding, beginning balance (in shares)	11,540
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 17.03
Number of Options, granted (in shares)	252,917	11,540	264,457
Weighted-average Exercise Price, Options granted (in dollars per share)	$ 19.79	$ 17.03
Number of Options, Outstanding, ending balance (in shares)	264,457	11,540	264,457
Weighted-average Exercise Price, Outstanding, ending balance (in dollars per share)	$ 19.79	$ 17.03	$ 19.79
Outstanding at September 30, 2018 (in years) (Year)	8 years 219 days
Outstanding at September 30, 2018 (in years)	$ 430,000		$ 430,000
Exercisable at September 30, 2018 (in years) (in shares)	37,207		37,207
Exercisable at September 30, 2018 (in years) (in dollars per share)	$ 17.93		$ 17.93
Exercisable at September 30, 2018 (in years) (Year)	3 years 18 days
Exercisable at September 30, 2018 (in years)	$ 130,000		$ 130,000

Note 6 - Stock Option Plans - B

Note 6 - Stock Option Plans - Black-Scholes Option-pricing Model Assumptions (Details)	9 Months Ended
	Sep. 30, 2018$ / shares
Minimum [Member]
Weighted average risk-free interest rate	1.47%
Expected dividend yield	0.41%
Expected stock volatility	10.07%
Expected life in years (Year)	2 years 182 days
Per share fair value of options issued during period (in dollars per share)	$ 1.49
Maximum [Member]
Weighted average risk-free interest rate	2.63%
Expected dividend yield	0.50%
Expected stock volatility	11.90%
Expected life in years (Year)	6 years 182 days
Per share fair value of options issued during period (in dollars per share)	$ 3.35

Note 6 - Stock Option Plans -_2

Note 6 - Stock Option Plans - Summary of the 2007 Stock Option Plan (Details) - The 2007 Stock Option Plan [Member] - USD ($)	3 Months Ended	9 Months Ended
	Dec. 31, 2017	Sep. 30, 2018	Sep. 30, 2017
Number of Options, Outstanding, beginning balance (in shares)	39,400	22,200	42,200
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 10.17	$ 10.31	$ 10.16
Number of Options, exercised (in shares)	(16,850)	(7,500)	(2,600)
Weighted-average Exercise Price, Options exercised (in dollars per share)	$ 10	$ 10	$ 10
Number of Options, forfeited (in shares)	(350)		(200)
Weighted-average Exercise Price, Options forfeited (in dollars per share)	$ 10		$ 10
Number of Options, Outstanding, ending balance (in shares)	22,200	14,700	39,400
Weighted-average Exercise Price, Outstanding, ending balance (in dollars per share)	$ 10.31	$ 10.46	$ 10.17
Outstanding at September 30, 2018 (in years) (Year)		1 year 73 days
Outstanding at September 30, 2018 (in years)		$ 161,000
Exercisable at September 30, 2018 (in years) (in shares)		14,700
Exercisable at September 30, 2018 (in years) (in dollars per share)		$ 10.46
Exercisable at September 30, 2018 (in years)		$ 161,000

Note 7 - Federal Home Loan Ba_2

Note 7 - Federal Home Loan Bank Advances (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 37,900
Federal Home Loan Bank Advances, Total	$ 0	$ 0

Note 8 - Fair Value of Financ_3

Note 8 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Securities available for sale	$ 44,359	$ 49,809
Loans held for sale	6,782	5,880
Accrued interest receivable	1,028	978
Reported Value Measurement [Member]
Cash and cash equivalents		32,397
Securities available for sale		49,809
Loans held for sale		5,880
Loans Receivable, Fair Value Disclosure		250,259
Federal Home Loan Bank stock		316
Accrued interest receivable		978
Deposits		298,297
Off-Balance Sheet Items
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents		32,397
Securities available for sale		49,809
Loans held for sale		6,039
Loans Receivable, Fair Value Disclosure		249,628
Federal Home Loan Bank stock		316
Accrued interest receivable		978
Deposits		298,403
Off-Balance Sheet Items
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Cash and cash equivalents	56,775
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	56,775
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Securities available for sale	44,359
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Securities available for sale	44,359
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Loans held for sale	6,782
Loans Receivable, Fair Value Disclosure	289,022
Federal Home Loan Bank stock	355
Accrued interest receivable	1,028
Deposits	355,246
Off-Balance Sheet Items
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Loans held for sale	6,822
Loans Receivable, Fair Value Disclosure	285,506
Federal Home Loan Bank stock	355
Accrued interest receivable	1,028
Deposits	355,553
Off-Balance Sheet Items

Note 9 - Off-balance Sheet Fi_3

Note 9 - Off-balance Sheet Financial Instruments (Details Textual) - Standby Financial Letters of Credit [Member]	9 Months Ended
	Sep. 30, 2018USD ($)
Debt Instrument, Term	1 year
Debt Instrument, Collateral Amount	$ 565,000
Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10.00%

Note 9 - Off-balance Sheet Fi_4

Note 9 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	$ 5,670
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	16,280
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	41,954
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,312
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,329

Note 10 - Premises and Equipm_3

Note 10 - Premises and Equipment (Details Textual)	Aug. 06, 2018
Lessee, Operating Lease, Term of Contract	15 years
Lessee, Operating Lease, Number of Renewal Options	4
Lessee, Operating Lease, Renewal Term	5 years
Lease, Initial Setting-up Period	180 days
Lease Rent Commencement Period	120 days

Note 10 - Premises and Equipm_4

Note 10 - Premises and Equipment - Summary of New Rent Obligations (Details)	Sep. 30, 2018USD ($)
Future rent commitments, years 1-5	$ 294,000
Future rent commitments, years 6-10	323,400
Future rent commitments, years 11-15	$ 355,740