Business First Bancshares (BFST) 10-Q 14 Nov 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 09, 2016
Document Information [Line Items]
Entity Registrant Name	Business First Bancshares, Inc.
Entity Central Index Key	1,624,322
Trading Symbol	bfbi
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)		7,042,413
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false

Unaudited Consolidated Balance

Unaudited Consolidated Balance Sheets - USD ($)	Sep. 30, 2016	Dec. 31, 2015
ASSETS
Cash and Due from Banks	$ 33,740,000	$ 40,911,000
Federal Funds Sold	501,000	2,496,000
Securities Available for Sale, at Fair Values	209,672,000	210,857,000
Mortgage Loans Held for Sale	240,000	0
Loans and Lease Receivable, Net of Allowance for Loan Losses of $7,746 at September 30, 2016 and $7,244 at December 31, 2015	803,762,000	765,148,000
Premises and Equipment, Net	9,538,000	9,234,000
Accrued Interest Receivable	3,058,000	2,823,000
Other Equity Securities	6,163,000	5,350,000
Other Real Estate Owned	1,581,000	2,033,000
Cash Value of Life Insurance	22,415,000	22,339,000
Goodwill	6,824,000	3,376,000
Core Deposit Intangible	2,348,000	2,555,000
Other Assets	6,925,000	8,967,000
Total Assets	1,106,767,000	1,076,089,000
LIABILITIES
Noninterest Bearing	215,000,000	222,488,000
Interest Bearing	714,650,000	681,748,000
Total Deposits	929,650,000	904,236,000
Securities Sold Under Agreements to Repurchase	3,060,000	2,435,000
Short Term Borrowings	0	3,000,000
Long Term Borrowings	3,000,000	0
Federal Home Loan Bank Borrowings	47,588,000	49,144,000
Accrued Interest Payable	880,000	566,000
Other Liabilities	5,038,000	4,259,000
Total Liabilities	989,216,000	963,640,000
STOCKHOLDERS' EQUITY
Common Stock, $1 Par Value; 10,000,000 Shares Authorized; 7,042,413 and 7,035,913 Shares Issued and Outstanding at September 30, 2016 and December 31, 2015, respectively	7,042,000	7,036,000
Additional Paid-in Capital	86,129,000	85,913,000
Retained Earnings	23,210,000	20,289,000
Accumulated Other Comprehensive Income (Loss)	1,170,000	(789,000)
Total Stockholders' Equity	117,551,000	112,449,000
Total Liabilities and Stockholders' Equity	$ 1,106,767,000	$ 1,076,089,000

Unaudited Consolidated Balance3

Unaudited Consolidated Balance Sheets (Parentheticals) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Allowance for loan losses	$ 7,746,000	$ 7,244,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	7,042,413	7,035,913
Common stock, shares outstanding (in shares)	7,042,413	7,035,913

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Income - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest Income:
Interest and Fees on Loans	$ 10,281,000	$ 10,068,000	$ 29,548,000	$ 25,448,000
Interest and Dividends on Securities	955,000	937,000	2,858,000	2,348,000
Interest on Federal Funds Sold and Due From Banks	43,000	46,000	161,000	150,000
Total Interest Income	11,279,000	11,051,000	32,567,000	27,946,000
Interest Expense:
Interest on Deposits	1,376,000	972,000	3,800,000	2,875,000
Interest on Borrowings	161,000	163,000	493,000	427,000
Total Interest Expense	1,537,000	1,135,000	4,293,000	3,302,000
Net Interest Income	9,742,000	9,916,000	28,274,000	24,644,000
Provision for Loan Losses	100,000	150,000	920,000	450,000
Net Interest Income after Provision for Loan Losses	9,642,000	9,766,000	27,354,000	24,194,000
Other Income:
Service Charges on Deposit Accounts	558,000	467,000	1,541,000	1,056,000
Gain on Sales of Securities		2,000	231,000	2,000
Other Income	810,000	335,000	2,307,000	1,156,000
Total Other Income	1,368,000	804,000	4,079,000	2,214,000
Other Expenses:
Salaries and Employee Benefits	5,045,000	4,593,000	14,768,000	11,767,000
Occupancy and Equipment Expense	1,272,000	1,027,000	3,396,000	2,789,000
Other Expenses	2,839,000	3,634,000	8,543,000	7,564,000
Total Other Expenses	9,156,000	9,254,000	26,707,000	22,120,000
Income Before Income Taxes	1,854,000	1,316,000	4,726,000	4,288,000
Provision for Income Taxes	474,000	377,000	1,101,000	1,193,000
Net Income	$ 1,380,000	$ 939,000	$ 3,625,000	$ 3,095,000
Earnings Per Share:
Basic (in dollars per share)	$ 0.20	$ 0.13	$ 0.52	$ 0.47
Diluted (in dollars per share)	$ 0.19	$ 0.12	$ 0.49	$ 0.45

Unaudited Consolidated Stateme5

Unaudited Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Consolidated Net Income	$ 1,380	$ 939	$ 3,625	$ 3,095
Other Comprehensive Income:
Unrealized Gain on Investment Securities	537	1,879	2,738	292
Reclassification Adjustment for Gains Included in Net Income		2	231	2
Income Tax Effect	(183)	(640)	(1,010)	(100)
Other Comprehensive Income	354	1,241	1,959	194
Consolidated Comprehensive Income	$ 1,734	$ 2,180	$ 5,584	$ 3,289

Unaudited Consolidated Stateme6

Unaudited Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances at Dec. 31, 2014	$ 5,315,000	$ 57,225,000	$ 16,948,000	$ (643,000)	$ 78,845,000
Consolidated Net Income			3,095,000		3,095,000
Other Comprehensive Income (Loss)				194,000	194,000
Merger Consideration - net	1,891,000	30,519,000			32,410,000
Stock Based Compensation Cost		366,000			366,000
Stock Repurchase	(170,000)	(1,880,000)	(755,000)		(2,805,000)
Balances at Sep. 30, 2015	7,036,000	86,230,000	19,288,000	(449,000)	112,105,000
Balances at Dec. 31, 2015	7,036,000	85,913,000	20,289,000	(789,000)	112,449,000
Consolidated Net Income			3,625,000		3,625,000
Other Comprehensive Income (Loss)				1,959,000	1,959,000
Stock Based Compensation Cost		207,000			207,000
Balances at Sep. 30, 2016	7,042,000	86,129,000	23,210,000	$ 1,170,000	117,551,000
Cash Dividends Declared, $0.05 Per Share			$ (704,000)		(704,000)
Reclass of Shares Issued	5,000	(5,000)
Exercise of Stock Warrants	$ 1,000	$ 14,000			$ 15,000

Unaudited Consolidated Stateme7

Unaudited Consolidated Statements of Changes in Stockholders' Equity (Parentheticals)	9 Months Ended
	Sep. 30, 2016$ / shares
Retained Earnings [Member]
Cash dividends declared (in dollars per share)	$ 0.05

Unaudited Consolidated Stateme8

Unaudited Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash Flows From Operating Activities:
Consolidated Net Income	$ 3,625,000	$ 3,095,000
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Provision for Loan Losses	920,000	450,000
Depreciation and Amortization	956,000	847,000
Amortization of Purchase Accounting Valuations	(1,374,000)	(1,540,000)
Noncash Compensation Expense	207,000	364,000
Net Amortization of Securities	1,414,000	1,045,000
Gain on Sale of Securities	(231,000)	(2,000)
(Gain) Loss on Sale of Premises and Equipment	(24,000)	157,000
Gain on Sale of Other Real Estate Owned Net of Writedowns	(87,000)	(54,000)
Increase in Cash Value of Life Insurance	(636,000)	(484,000)
Provision (Credit) for Deferred Income Taxes	582,000	(926,000)
Changes in Assets and Liabilities:
Increase in Accrued Interest Receivable	(235,000)	(63,000)
(Increase) Decrease in Other Assets	450,000	(503,000)
Increase (Decrease) in Accrued Interest Payable	314,000	(98,000)
Increase in Other Liabilities	779,000	216,000
Net Cash Provided by Operating Activities	6,660,000	2,504,000
Cash Flows From Investing Activities:
Purchases of Securities Available for Sale	(44,871,000)	(48,987,000)
Proceeds from Maturities / Sales of Securities Available for Sale	30,140,000	3,367,000
Proceeds from Paydowns of Securities Available for Sale	17,702,000	13,613,000
Net Cash Received in Merger		87,377,000
Purchases of Other Equity Securities	(842,000)	(3,038,000)
Redemption of Other Equity Securities	29,000	1,902,000
Life Insurance Proceeds	560,000
Net Increase in Loans	(39,373,000)	(43,167,000)
Proceeds from Sale of Premises and Equipment	68,000
Purchases of Premises and Equipment	(1,304,000)	(570,000)
Proceeds from Sales of Other Real Estate	1,273,000	682,000
Improvements to Other Real Estate	(102,000)
Consideration Settlement to Former AGFC Shareholders	(3,448,000)	(243,000)
Net (Increase) Decrease in Federal Funds Sold	1,995,000	(9,413,000)
Net Cash Provided by (Used in) Investing Activities	(38,173,000)	1,523,000
Cash Flows From Financing Activities:
Net Increase (Decrease) in Deposits	25,414,000	(6,166,000)
Net Increase (Decrease) in Securities Sold Under Agreements to Repurchase	625,000	(1,927,000)
Net Advances (Repayments) on Federal Home Loan Bank Borrowings	1,008,000	(23,821,000)
Net Increase (Decrease) in Short Term Borrowings	(3,000,000)	3,000,000
Proceeds from Long Term Borrowings	3,000,000
Repurchase of Common Stock		(2,805,000)
Proceeds from Exercise of Stock Warrants	15,000
Payment of Dividends on Common Stock	(704,000)
Net Cash Provided by Financing Activities	24,342,000	15,923,000
Net Increase (Decrease) in Cash and Cash Equivalents	(7,171,000)	19,950,000
Cash and Cash Equivalents at Beginning of Period	40,911,000	26,015,000
Cash and Cash Equivalents at End of Period	33,740,000	45,965,000
Supplemental Disclosures for Cash Flow Information:
Interest on Deposits	3,464,000	2,828,000
Interest on Borrowings	515,000	705,000
Income Tax Payments		2,502,000
Supplemental Schedule for Noncash Investing and Financing Activities:
Change in the Unrealized Gain on Securities Available for Sale	2,969,000	294,000
Change in Deferred Tax Effect on the Unrealized Gain on Securities Available for Sale	(1,010,000)	(100,000)
Transfer of Loans to Other Real Estate	$ 632,000	$ 806,000

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note 1 – Basis of Presentation – The unaudited consolidated financial statements include the accounts of Business First Bancshares, Inc. (the Company or Bancshares) and its wholly-owned subsidiary, Business First Bank (the Bank), and its wholly-owned subsidiaries, Business First Insurance, LLC and American Gateway Insurance Agency, LLC. The Bank operates in sixteen full service banking centers, one loan production office, and one wealth solutions office in Louisiana (Baton Rouge metro region, Shreveport, Covington, Lafayette, Lake Charles, Houma and New Orleans (LPO)). As a state bank, it is subject to regulation by the Office of Financial Institutions, State of Louisiana, and the Federal Deposit Insurance Corporation, and undergoes periodic examinations by these agencies. The Company is also regulated by the Federal Reserve and is subject to periodic examinations. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly the Company’s consolidated balance sheet, statement of income, comprehensive income, changes in stockholders’ equity and cash flows for the periods presented, and all such adjustments are of a normal recurring nature. All material intercompany transactions are eliminated. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the entire year. These interim consolidated financial statements have been prepared according to the rules and regulations of the Securities and Exchange Commission and, therefore, certain information and footnote disclosures normally presented in accordance with accounting principles generally accepted in the United State of America (“U.S. GAAP”) have been omitted or abbreviated. Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying disclosures. These estimates are based on management’s best knowledge of current events and actions the Company may undertake in the future. Estimates are used in accounting for, among other items, the allowance for loan losses, useful lives for depreciation and amortization, fair value of financial instruments, deferred taxes, and contingencies. Estimates that are particularly susceptible to significant change for the Company include the determination of the allowance for loan losses and the assessment of deferred tax assets and liabilities and, therefore, are critical accounting policies. Management does not anticipate any material changes to estimates in the near term. Factors that may cause sensitivity to the aforementioned estimates include but are not limited to: external market factors such as market interest rates and employment rates, changes to operating policies and procedures, economic conditions in our markets, and changes in applicable banking regulations. Actual results may ultimately differ from estimates, although management does not generally believe such differences would materially affect the consolidated financial statements in any individual reporting period presented.

Note 2 - Reclassifications

Note 2 - Reclassifications	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Reclassifications [Text Block]	Note 2 – Reclassifications – Certain reclassifications may have been made to conform to the classifications adopted for reporting in 2016. These reclassifications have no effect on previously reported net income.

Note 3 - Mergers and Acquisitio

Note 3 - Mergers and Acquisitions	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	Note 3 – Mergers and Acquisitions – After the close of business on March 31, 2015, the Company merged with American Gateway Financial Corporation (AGFC), parent bank holding company for American Gateway Bank, into which the operations of AGFC merged with the Company. Prior to the merger, AGFC was a full service bank with 10 branches located in the Baton Rouge metro region. As part of the merger, the Company issued common stock, as well as cash, for the outstanding shares of AGFC. The Company believes with this merger, it will not only increase its presence in the Baton Rouge region, but also in Louisiana statewide, by being able to offer more services to its customers. The Company also believes that the merger with AGFC will increase the Company’s core deposits and allow the opportunity to further increase the loan portfolio. Results of operations include the revenues and expenses of the acquired operations from the acquisition date forward. The following table provides the purchase price calculation as of the merger date and the identifiable assets and liabilities assumed at their estimated fair values. The fair value measures were subject to refinement for up to one year after the merger date based on additional information that was obtained by us that existed as of the merger date. Cost and Allocation of Purchase Price for American Gateway Financial Corporation (AGFC): (Dollars in thousands, except per share data) Purchase Price: AGFC Shares Outstanding at March 31, 2015 217,944 Gross Business First Shares Issued for AGFC Shares 2,589,174 Exchange Ratio 11.88 Less: Shares Cashed Out Under Terms of Merger 698,186 Net Business First Shares to be Issued for AGFC Shares 1,890,988 Market Value per Share of Business First Stock 17.66 Aggregate Value of Business First Stock Issued in Merger $ 33,395 Aggregate Cash Consideration Paid in Merger 1,595 Cash Paid to Shareholders Exercising Appraisal Rights 12,867 Total Purchase Price $ 47,857 Net Assets Acquired: Cash and Cash Equivalents $ 98,489 Securities Available for Sale 108,358 Loans and Leases Receivable 143,223 Premises and Equipment, Net 7,395 Cash Value of Life Insurance 4,326 Other Real Estate Owned 593 Core Deposit Intangible 2,762 Other Assets 6,375 Total Assets 371,521 Noninterest Bearing Deposits 80,865 Interest Bearing Deposits 202,442 Total Deposits 283,307 Borrowings 45,509 Other Liabilities 1,672 Total Liabilities 330,488 Net Assets Acquired 41,033 Goodwill Resulting from Merger $ 6,824

Note 4 - Earnings Per Common Sh

Note 4 - Earnings Per Common Share	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 4 – Earnings per Common Share – Basic earnings per share (EPS) represents income available to common stockholders divided by the weighted average number of common shares outstanding; no dilution for any potentially convertible shares is included in the calculation. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The potential common shares that may be issued by the Company relate to outstanding stock warrants and stock options. For The Three Months For The Nine Months Ended September 30, Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except per share data) Numerator: Net Income Available to Common Shares $ 1,380 $ 939 $ 3,625 $ 3,095 Denominator: Weighted Average Common Shares Outstanding 7,039,098 7,204,065 7,037,842 6,578,878 Dilutive Effect of Stock Options and Warrants 311,235 293,578 311,235 293,578 Weighted Average Dilutive Common Shares 7,350,333 7,497,643 7,349,077 6,872,456 Basic Earnings Per Common Share From Net Income Available to Common Shares $ 0.20 $ 0.13 $ 0.52 $ 0.47 Diluted Earnings Per Common Share From Net Income Available to Common Shares $ 0.19 $ 0.12 $ 0.49 $ 0.45

Note 5 - Securities

Note 5 - Securities	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 5 – Securities – The amortized cost and fair values of securities available for sale as of September 30, 2016 and December 31, 2015 are summarized as follows: September 30, 2016 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 7,587 $ 119 $ 1 $ 7,705 Corporate Securities 11,155 - 51 11,104 Mortgage-Backed Securities 108,184 582 45 108,721 Municipal Securities 80,144 1,427 43 81,528 Other Securities 828 - 214 614 $ 207,898 $ 2,128 $ 354 $ 209,672 December 31, 2015 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 13,656 $ 43 $ 32 $ 13,667 Corporate Securities 11,177 - 105 11,072 Mortgage-Backed Securities 120,599 39 1,568 119,070 Municipal Securities 65,679 874 112 66,441 Other Securities 942 - 335 607 $ 212,053 $ 956 $ 2,152 $ 210,857 The following table is a summary of securities with gross unrealized losses and fair values at September 30, 2016 and December 31, 2015, aggregated by investment category and length of time in a continued unrealized loss position. Due to the nature of these investments and current prevailing market prices, these unrealized losses are considered a temporary impairment of the securities. September 30, 2016 Less Than 12 Months 12 Months or Greater Total (Dollars in thousands) Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government Agencies $ 1,007 $ 1 $ - $ - $ 1,007 $ 1 Corporate Securities 6,536 29 4,568 22 11,104 51 Mortgage-Backed Securities 2,618 11 10,682 34 13,300 45 Municipal Securities 11,528 41 211 2 11,739 43 Other Securities - - 614 214 614 214 $ 21,689 $ 82 $ 16,075 $ 272 $ 37,764 $ 354 December 31, 2015 Less Than 12 Months 12 Months or Greater Total (Dollars in thousands) Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government Agencies $ 8,840 $ 32 $ - $ - $ 8,840 $ 32 Corporate Securities 11,072 105 - - 11,072 105 Mortgage-Backed Securities 91,384 1,029 23,386 539 114,770 1,568 Municipal Securities 13,983 43 2,498 69 16,481 112 Other Securities - - 607 335 607 335 $ 125,279 $ 1,209 $ 26,491 $ 943 $ 151,770 $ 2,152 Management evaluates securities for other than temporary impairment when economic and market conditions warrant such evaluations. Consideration is given to the extent and length of time the fair value has been below cost, the reasons for the decline in value, and the Company’s intent to sell a security or whether it is more likely than not that the Company will be required to sell the security before the recovery of its amortized cost. The Company developed a process to identify securities that could potentially have a credit impairment that is other than temporary. This process involves evaluating each security for impairment by monitoring credit performance, collateral type, collateral geography, loan-to-value ratios, credit scores, loss severity levels, pricing levels, downgrades by rating agencies, cash flow projections and other factors as indicators of potential credit issues. When the Company determines that a security is deemed to be other than temporarily impaired, an impairment loss is recognized. The amortized cost and fair values of securities available for sale as of September 30, 2016 by contractual maturity are shown below. Actual maturities may differ from contractual maturities in mortgage-backed securities because the mortgages underlying the securities may be called or repaid without any penalties. Amortized Fair Cost Value (Dollars in thousands) Less Than One Year $ 6,550 $ 6,558 One to Five Years 46,632 47,100 Over Five to Ten Years 54,652 55,365 Over Ten Years 100,064 100,649 $ 207,898 $ 209,672

Note 6 - Loans and the Allowanc

Note 6 - Loans and the Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Financing Receivables [Text Block]	Note 6 – Loans and the Allowance for Loan Losses – Loans receivable at September 30, 2016 and December 31, 2015 are summarized as follows: September 30, December 31, 2016 2015 (Dollars in thousands) Real estate loans: Construction and land $ 99,189 $ 97,872 Farmland 9,750 8,897 1-4 family residential 128,384 112,954 Multi-family residential 21,420 26,058 Nonfarm nonresidential 286,005 312,207 Commercial 226,406 185,276 Consumer 40,354 29,128 Total loans held for investment 811,508 772,392 Less: Allowance for loan losses (7,746 ) (7,244 ) Net loans $ 803,762 $ 765,148 The performing one-to-four family residential, multi-family residential, commercial real estate, and commercial loans are pledged, under a blanket lien, as collateral securing advances from the FHLB at September 30, 2016 and December 31, 2015. Net deferred loan origination fees were $772,000 and $740,000 at September 30, 2016 and December 31, 2015, respectively, and are netted in their respective loan categories above. In addition to loans issued in the normal course of business, the Company considers overdrafts on customer deposit accounts to be loans, and reclassifies overdrafts as loans in its consolidated balance sheets. At September 30, 2016 and December 31, 2015, overdrafts of $173,000 and $150,000, respectively, have been reclassified to loans. The Bank is the lead lender on participations sold, without recourse, to other financial institutions which are not included in the consolidated balance sheets. The unpaid principal balances of mortgages and other loans serviced for others were approximately $58.9 million and $44.7 million at September 30, 2016 and December 31, 2015, respectively. The Bank grants loans and extensions of credit to individuals and a variety of businesses and corporations located in its general market areas throughout Louisiana. Management segregates the loan portfolio into portfolio segments which is defined as the level at which the Bank develops and documents a systematic method for determining its allowance for loan losses. The portfolio segments are segregated based on loan types and the underlying risk factors present in each loan type. Such risk factors are periodically reviewed by management and revised as deemed appropriate. Loans acquired in business combinations are initially recorded at fair value, which includes an estimate of credit losses expected to be realized over the remaining lives of the loans and, therefore, no corresponding allowance for loan losses is recorded for these loans at acquisition. Methods utilized to estimate any subsequently required allowance for loan losses for acquired loans not deemed credit-impaired at acquisition are similar to originated loans; however, the estimate of loss is based on the unpaid principal balance and then compared to any remaining unaccreted purchase discount. To the extent the calculated loss is greater than the remaining unaccreted discount, an allowance is recorded for such difference. The following table sets forth, as of September 30, 2016 and December 31, 2015, the balance of the allowance for loan losses by portfolio segment, disaggregated by impairment methodology, which is then further segregated by amounts evaluated for impairment collectively and individually. The allowance for loan losses allocated to each portfolio segment is not necessarily indicative of future losses in any particular portfolio segment and does not restrict the use of the allowance to absorb losses in other portfolio segments. Allowance for Credit Losses and Recorded Investment in Loans Receivable September 30, 2016 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Real Estate: Construction Real Estate: 1-4 Family Multi-family Nonfarm and Land Farmland Residential Residential Nonresidential Commercial Consumer Total Allowance for credit losses: Beginning Balance $ 600 $ 30 $ 1,021 $ 101 $ 1,416 $ 3,618 $ 458 $ 7,244 Charge-offs (484 ) - (162 ) - (465 ) (390 ) - (1,501 ) Recoveries 10 - 98 - 908 32 35 1,083 Provision 576 42 496 87 2 (50 ) (233 ) 920 Ending Balance $ 702 $ 72 $ 1,453 $ 188 $ 1,861 $ 3,210 $ 260 $ 7,746 Ending Balance: Individually evaluated for impairment $ - $ - $ 359 $ - $ - $ 560 $ 36 $ 955 Collectively evaluated for impairment $ 702 $ 72 $ 1,040 $ 144 $ 1,861 $ 2,650 $ 224 $ 6,693 Purchased Credit Impaired (1) $ - $ - $ 54 $ 44 $ - $ - $ - $ 98 Loans receivable: Ending Balance $ 99,189 $ 9,750 $ 128,384 $ 21,420 $ 286,005 $ 226,406 $ 40,354 $ 811,508 Ending Balance: Individually evaluated for impairment $ 58 $ - $ 3,696 $ - $ 3,133 $ 5,526 $ 36 $ 12,449 Collectively evaluated for impairment $ 98,964 $ 9,750 $ 124,362 $ 21,225 $ 281,418 $ 220,880 $ 40,318 $ 796,917 Purchased Credit Impaired (1) $ 167 $ - $ 326 $ 195 $ 1,454 $ - $ - $ 2,142 (1) Purchased credit impaired loans are evaluated for impairment on an individual basis. December 31, 2015 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Real Estate: Construction Real Estate: 1-4 Family Multi-family Nonfarm and Land Farmland Residential Residential Nonresidential Commercial Consumer Total Allowance for credit losses: Beginning balance $ 525 $ 19 $ 775 $ 35 $ 1,140 $ 3,813 $ 325 $ 6,632 Charge-offs (102 ) - (144 ) - (44 ) (695 ) - (985 ) Recoveries 34 - 94 - 13 164 92 397 Provision 143 11 296 66 307 336 41 1,200 Ending Balance $ 600 $ 30 $ 1,021 $ 101 $ 1,416 $ 3,618 $ 458 $ 7,244 Ending Balance: Individually evaluated for impairment $ 504 $ - $ 129 $ - $ - $ 475 $ - $ 1,108 Collectively evaluated for impairment $ 96 $ 30 $ 838 $ 57 $ 1,416 $ 3,143 $ 458 $ 6,038 Purchased Credit Impaired (1) $ - $ - $ 54 $ 44 $ - $ - $ - $ 98 Loans receivable: Ending Balance $ 97,872 $ 8,897 $ 112,954 $ 26,058 $ 312,207 $ 185,276 $ 29,128 $ 772,392 Ending Balance: Individually evaluated for impairment $ 1,732 $ - $ 3,666 $ - $ 4,172 $ 2,226 $ - $ 11,796 Collectively evaluated for impairment $ 96,046 $ 8,897 $ 108,778 $ 25,829 $ 305,234 $ 183,050 $ 29,128 $ 756,962 Purchased Credit Impaired (1) $ 94 $ - $ 510 $ 229 $ 2,801 $ - $ - $ 3,634 (1) Purchased credit impaired loans are evaluated for impairment on an individual basis. Management further disaggregates the loan portfolio segments into classes of loans, which are based on the initial measurement of the loan, risk characteristics of the loan and the method for monitoring and assessing the credit risk of the loan. As of September 30, 2016 and December 31, 2015, the credit quality indicators, disaggregated by class of loan, are as follows: Credit Quality Indicators September 30, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 96,812 $ 1,088 $ 1,131 $ 158 $ 99,189 Farmland 9,750 - - - 9,750 1-4 family residential 117,025 5,135 2,971 3,253 128,384 Multi-family residential 20,743 - 482 195 21,420 Nonfarm nonresidential 259,191 14,907 11,189 718 286,005 Commercial 192,452 22,681 9,348 1,925 226,406 Consumer 39,933 356 65 - 40,354 Total $ 735,906 $ 44,167 $ 25,186 $ 6,249 $ 811,508 December 31, 2015 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 93,740 $ 1,300 $ 1,094 $ 1,738 $ 97,872 Farmland 8,897 - - - 8,897 1-4 family residential 104,720 1,824 3,205 3,205 112,954 Multi-family residential 24,884 945 - 229 26,058 Nonfarm nonresidential 281,503 12,727 16,171 1,806 312,207 Commercial 157,734 22,222 4,341 979 185,276 Consumer 28,702 396 30 - 29,128 Total $ 700,180 $ 39,414 $ 24,841 $ 7,957 $ 772,392 The above classifications follow regulatory guidelines and can generally be described as follows: ● Pass loans are of satisfactory quality. ● Special mention loans have an existing weakness that could cause future impairment, including the deterioration of financial ratios, past due status, questionable management capabilities and possible reduction in the collateral values. ● Substandard loans have an existing specific and well defined weakness that may include poor liquidity and deterioration of financial ratios. The loan may be past due and related deposit accounts experiencing overdrafts. Immediate corrective action is necessary. ● Doubtful loans have specific weaknesses that are severe enough to make collection or liquidation in full highly questionable and improbable. The following table reflects certain information with respect to the loan portfolio delinquencies by loan class and amount as of September 30, 2016 and December 31, 2015. All loans greater than 90 days past due are generally placed on non-accrual status. Aged Analysis of Past Due Loans Receivable September 30, 2016 (Dollars in thousands) Greater Recorded Than 90 Investment Over 30-59 Days 60-89 Days Days Total Total Loans 90 Days Past Due Past Due Past Due Past Due Past Due Current Receivable and Still Accruing Real Estate Loans: Construction and land $ 385 $ - $ 107 $ 492 $ 98,697 $ 99,189 $ - Farmland - - - - 9,750 9,750 - 1-4 family residential 1,171 338 600 2,109 126,275 128,384 - Multi-family residential 239 - - 239 21,181 21,420 - Nonfarm nonresidential 3,103 60 426 3,589 282,416 286,005 - Commercial 416 2,016 217 2,649 223,757 226,406 38 Consumer 148 - - 148 40,206 40,354 - Total $ 5,462 $ 2,414 $ 1,350 $ 9,226 $ 802,282 $ 811,508 $ 38 December 31, 2015 (Dollars in thousands) Greater Recorded Than 90 Investment Over 30-59 Days 60-89 Days Days Total Total Loans 90 Days Past Due Past Due Past Due Past Due Past Due Current Receivable and Still Accruing Real Estate Loans: Construction and land $ - $ 10 $ 384 $ 394 $ 97,478 $ 97,872 $ - Farmland - - - - 8,897 8,897 - 1-4 family residential 289 132 1,086 1,507 111,447 112,954 - Multi-family residential - - - - 26,058 26,058 - Nonfarm nonresidential 1,185 178 309 1,672 310,535 312,207 - Commercial 78 13 - 91 185,185 185,276 - Consumer - - - - 29,128 29,128 - Total $ 1,552 $ 333 $ 1,779 $ 3,664 $ 768,728 $ 772,392 $ - The following is a summary of information pertaining to impaired loans as of September 30, 2016 and December 31, 2015. Acquired non-impaired loans are placed on nonaccrual status and reported as impaired using the same criteria applied to the originated portfolio. Purchased impaired credits are excluded from this table. The interest income recognized for impaired loans was $283,000 and $426,000 for the nine months ending September 30, 2016 and 2015, respectively. September 30, 2016 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ - $ - $ - $ 873 Farmland - - - - 1-4 family residential 514 538 359 349 Multi-family residential - - - - Nonfarm nonresidential - - - - Other Loans: Commercial 735 746 560 1,296 Consumer 36 36 36 4 $ 1,285 $ 1,320 $ 955 $ 2,522 With no allowance recorded: Real Estate Loans: Construction and land $ 58 $ 66 $ - $ 138 Farmland - - - - 1-4 family residential 3,182 3,708 - 3,380 Multi-family residential - - - - Nonfarm nonresidential 3,133 3,154 - 4,174 Other Loans: Commercial 4,791 5,952 - 2,368 Consumer - - - - $ 11,164 $ 12,880 $ - $ 10,060 Total Impaired Loans: Real Estate Loans: Construction and land $ 58 $ 66 $ - $ 1,011 Farmland - - - - 1-4 family residential 3,696 4,246 359 3,729 Multi-family residential - - - - Nonfarm nonresidential 3,133 3,154 - 4,174 Other Loans: Commercial 5,526 6,698 560 3,664 Consumer 36 36 36 4 $ 12,449 $ 14,200 $ 955 $ 12,582 December 31, 2015 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ 1,336 $ 1,514 $ 504 $ 1,392 Farmland - - - - 1-4 family residential 305 313 129 78 Multi-family residential - - - - Nonfarm nonresidential - - - - Other Loans: Commercial 975 1,653 475 908 Consumer - - - - $ 2,616 $ 3,480 $ 1,108 $ 2,378 With no allowance recorded: Real Estate Loans: Construction and land $ 396 $ 401 $ - $ 1,530 Farmland - - - - 1-4 family residential 3,361 3,898 - 1,933 Multi-family residential - - - - Nonfarm nonresidential 4,172 5,588 - 4,062 Other Loans: Commercial 1,251 1,255 - 3,368 Consumer - - - 14 $ 9,180 $ 11,142 $ - $ 10,907 Total Impaired Loans: Real Estate Loans: Construction and land $ 1,732 $ 1,915 $ 504 $ 2,922 Farmland - - - - 1-4 family residential 3,666 4,211 129 2,011 Multi-family residential - - - - Nonfarm nonresidential 4,172 5,588 - 4,062 Other Loans: Commercial 2,226 2,908 475 4,276 Consumer - - - 14 $ 11,796 $ 14,622 $ 1,108 $ 13,285 The Company elected to account for certain loans acquired in the AGFC merger as acquired impaired loans under FASB ASC 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC 310-30”) The following table presents the fair value of loans acquired with deteriorated credit quality as of the date of the AGFC merger. The expected cash flows approximated fair value as of the date of merger and, as a result, no accretable yield was recognized at acquisition. April 1, 2015 (Dollars in thousands) Purchased Impaired Credits: Contractually required principal and interest $ 11,294 Nonaccretable difference 6,375 Cash flows expected to be collected 4,919 Accretable yield - Fair value of Purchased Impaired Credits at Acquisition $ 4,919 The following table presents the changes in the carrying amount of the purchased impaired credits from the April 1, 2015 merger date to September 30, 2016. Purchased Impaired Credits (Dollars in thousands) Carrying amount - April 1, 2015 (acquisition) $ 4,919 Payments received, net of discounts realized (469 ) Charge-offs (204 ) Transfer to Other Real Estate (612 ) Carrying amount - December 31, 2015 3,634 Payments received, net of discounts realized (815 ) Charge-offs (352 ) Transfer to Other Real Estate (325 ) Carrying amount - September 30, 2016 $ 2,142 Total loans acquired in the AGFC merger included $142.8 million of performing loans not accounted for under ASC 310-30, which had an estimated fair value of $138.1 million as of the date of acquisition. As of September 30, 2016 and December 31, 2015, the AGFC performing loans totaled $72.2 million and $93.1 million, respectively, with a related purchase discount of $2.5 million and $3.2 million, respectively. The Bank seeks to assist customers that are experiencing financial difficulty by renegotiating loans within lending regulations and guidelines. The Bank makes loan modifications, primarily utilizing internal renegotiation programs via direct customer contact, that manage customers’ debt exposures held only by the Bank. Additionally, the Bank makes loan modifications with customers who have elected to work with external renegotiation agencies and these modifications provide solutions to customers’ entire unsecured debt structures. During the periods ended September 30, 2016 and December 31, 2015, the concessions granted to certain borrowers included extending the payment due dates, lowering the contractual interest rate, reducing accrued interest, and reducing the debt’s face or maturity amount. Once modified in a troubled debt restructuring, a loan is generally considered impaired until its contractual maturity. At the time of the restructuring, the loan is evaluated for an asset-specific allowance for credit losses. The Bank continues to specifically reevaluate the loan in subsequent periods, regardless of the borrower’s performance under the modified terms. If a borrower subsequently defaults on the loan after it is restructured the Bank provides an allowance for credit losses for the amount of the loan that exceeds the value of the related collateral. The following tables present informative data regarding loan modifications occurring as of September 30, 2016 and December 31, 2015. The Bank had $54,000 in troubled debt restructurings that had subsequently defaulted during the year ended December 31, 2015, and none that subsequently defaulted during the nine months ended September 30, 2016. Modifications as of September 30, 2016: Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded Contracts Investment Investment (Dollars in thousands) Troubled Debt Restructing Real Estate Loans: 1-4 family residential 4 $ 1,036 $ 755 Nonfarm nonresidential 1 2,623 2,240 Other Loans: Commercial 4 3,294 1,889 Total Loans 9 $ 6,953 $ 4,884 Modifications as of December 31, 2015: Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded Contracts Investment Investment (Dollars in thousands) Troubled Debt Restructing Real Estate Loans: 1-4 family residential 5 $ 1,568 $ 1,008 Nonfarm nonresidential 3 5,143 3,623 Other Loans: Commercial 3 1,736 1,234 Total Loans 11 $ 8,447 $ 5,865

Note 7 - Fair Value of Financia

Note 7 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 7 – Fair Value of Financial Instruments – Fair Value Disclosures The Company groups its financial assets and liabilities measured at fair value in three levels. Fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: ● Level 1 – Includes the most reliable sources, and includes quoted prices in active markets for identical assets or liabilities. ● Level 2 – Includes observable inputs. Observable inputs include inputs other than quoted prices that are observable for the asset or liability (for example, interest rates and yield curves at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates) as well as inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs). ● Level 3 – Includes unobservable inputs and should be used only when observable inputs are unavailable. Recurring Basis Fair values of investment securities available for sale were primarily measured using information from a third-party pricing service. This pricing service provides information by utilizing evaluated pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers, and reference data from market research publications. The following tables present the balance of assets and liabilities measured on a recurring basis as of September 30, 2016 and December 31, 2015. The Company did not record any liabilities at fair value for which measurement of the fair value was made on a recurring basis. Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Available for Sale: U.S. Government Agencies $ 7,705 $ - $ 7,705 $ - Corporate Securities 11,104 - 11,104 - Mortgage-Backed Securities 108,721 - 108,721 - Municipal Securities 81,528 - 81,528 - Other Securities 614 - 614 - Total $ 209,672 $ - $ 209,672 $ - December 31, 2015 Available for Sale: U.S. Government Agencies $ 13,667 $ - $ 13,667 $ - Corporate Securities 11,072 - 11,072 - Mortgage-Backed Securities 119,070 - 119,070 - Municipal Securities 66,441 - 66,441 - Other Securities 607 - 607 - Total $ 210,857 $ - $ 210,857 $ - Nonrecurring Basis The Company has segregated all financial assets and liabilities that are measured at fair value on a nonrecurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date in the table below. The Company did not record any liabilities at fair value for which measurement of the fair value was made on a nonrecurring basis. The fair value of the impaired loans is measured at the fair value of the collateral for collateral-dependent loans. Impaired loans are Level 2 assets measured using appraisals from external parties of the collateral less any prior liens. Repossessed assets are initially recorded at fair value less estimated cost to sell. The fair value of repossessed assets is based on property appraisals and an analysis of similar properties available. As such, the Bank records repossessed assets as Level 2. Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Assets: Impaired Loans $ 13,538 $ - $ 13,538 $ - Repossessed Assets 1,581 - 1,581 - Total $ 15,119 $ - $ 15,119 $ - December 31, 2015 Assets: Impaired Loans $ 14,224 $ - $ 14,224 $ - Repossessed Assets 2,033 - 2,033 - Total $ 16,257 $ - $ 16,257 $ - Fair Value Financial Instruments The fair value of a financial instrument is the current amount that would be exchanged between willing parties, other than in a forced liquidation. Fair value is best determined based upon quoted market prices. However, in many instances, there are no quoted market prices for the Company’s various financial instruments. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. In accordance with generally accepted accounting principles, certain financial instruments and all non-financial instruments are excluded from these disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company. The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash and Short-Term Investments – For those short-term instruments, the carrying amount is a reasonable estimate of fair value. Securities – Fair value of securities is based on quoted market prices. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. Loans – The fair value for loans is estimated using discounted cash flow analyses, with interest rates currently being offered for similar loans to borrowers with similar credit rates. Loans with similar classifications are aggregated for purposes of the calculations. The allowance for loan losses, which was used to measure the credit risk, is subtracted from loans. Cash Value of Bank-Owned Life Insurance (BOLI) – The carrying amount approximates its fair value. Other Equity Securities – The carrying amount approximates its fair value. Deposits – The fair value of demand deposits and certain money market deposits is the amount payable at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using discounted cash flow analyses, with interest rates currently offered for deposits of similar remaining maturities. Borrowings – The fair value of FHLB advances and other long-term borrowings is estimated using the rates currently offered for advances of similar maturities. The carrying amount of short-term borrowings maturing within ninety days approximates the fair value. Commitments to Extend Credit and Standby and Commercial Letters of Credit – The fair values of commitments to extend credit and standby and commercial letters of credit do not differ significantly from the commitment amount and are therefore omitted from this disclosure. The estimated approximate fair values of the Bank’s financial instruments as of September 30, 2016 and December 31, 2015 are as follows: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Total Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Financial Assets: Cash and Short-Term Investments $ 34,241 $ 34,241 $ 34,241 $ - $ - Securities 209,672 209,672 - 209,672 - Mortgage Loans Held for Sale 240 240 - 240 - Loans - Net 803,762 800,544 - - 800,544 Cash Value of BOLI 22,415 22,415 - 22,415 - Other Equity Securities 6,163 6,163 - - 6,163 Total $ 1,076,493 $ 1,073,275 $ 34,241 $ 232,327 $ 806,707 Financial Liabilities: Deposits $ 929,650 $ 914,101 $ - $ - $ 914,101 Borrowings 53,648 53,441 - 53,441 - Total $ 983,298 $ 967,542 $ - $ 53,441 $ 914,101 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Total Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) December 31, 2015 Financial Assets: Cash and Short-Term Investments $ 43,407 $ 43,407 $ 43,407 $ - $ - Securities 210,857 210,857 - 210,857 - Loans - Net 765,148 761,241 - - 761,241 Cash Value of BOLI 22,339 22,339 - 22,339 - Other Equity Securities 5,350 5,350 - - 5,350 Total $ 1,047,101 $ 1,043,194 $ 43,407 $ 233,196 $ 766,591 Financial Liabilities: Deposits $ 904,236 $ 897,771 $ - $ - $ 897,771 Borrowings 54,579 54,561 - 54,561 - Total $ 958,815 $ 952,332 $ - $ 54,561 $ 897,771

Note 8 - Recently Issued Accoun

Note 8 - Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	Note 8 – Recently Issued Accounting Pronouncements – In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments, In January 2016, the FASB issued ASU No. 2016-16, Financial Instruments - Overall (Subtopic 825-10), Recognition and Measurement of Financial Assets and Financial Liabilities.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805), Simplifying the Accounting for Measurement-Period Adjustments, In January 2016, the FASB issued ASU No. 2016-16, Financial Instruments - Overall (Subtopic 825-10), Recognition and Measurement of Financial Assets and Financial Liabilities.

Note 3 - Mergers and Acquisit18

Note 3 - Mergers and Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Cost and Allocation of Purchase Price for American Gateway Financial Corporation (AGFC): (Dollars in thousands, except per share data) Purchase Price: AGFC Shares Outstanding at March 31, 2015 217,944 Gross Business First Shares Issued for AGFC Shares 2,589,174 Exchange Ratio 11.88 Less: Shares Cashed Out Under Terms of Merger 698,186 Net Business First Shares to be Issued for AGFC Shares 1,890,988 Market Value per Share of Business First Stock 17.66 Aggregate Value of Business First Stock Issued in Merger $ 33,395 Aggregate Cash Consideration Paid in Merger 1,595 Cash Paid to Shareholders Exercising Appraisal Rights 12,867 Total Purchase Price $ 47,857 Net Assets Acquired: Cash and Cash Equivalents $ 98,489 Securities Available for Sale 108,358 Loans and Leases Receivable 143,223 Premises and Equipment, Net 7,395 Cash Value of Life Insurance 4,326 Other Real Estate Owned 593 Core Deposit Intangible 2,762 Other Assets 6,375 Total Assets 371,521 Noninterest Bearing Deposits 80,865 Interest Bearing Deposits 202,442 Total Deposits 283,307 Borrowings 45,509 Other Liabilities 1,672 Total Liabilities 330,488 Net Assets Acquired 41,033 Goodwill Resulting from Merger $ 6,824

Note 4 - Earnings Per Common 19

Note 4 - Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For The Three Months For The Nine Months Ended September 30, Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except per share data) Numerator: Net Income Available to Common Shares $ 1,380 $ 939 $ 3,625 $ 3,095 Denominator: Weighted Average Common Shares Outstanding 7,039,098 7,204,065 7,037,842 6,578,878 Dilutive Effect of Stock Options and Warrants 311,235 293,578 311,235 293,578 Weighted Average Dilutive Common Shares 7,350,333 7,497,643 7,349,077 6,872,456 Basic Earnings Per Common Share From Net Income Available to Common Shares $ 0.20 $ 0.13 $ 0.52 $ 0.47 Diluted Earnings Per Common Share From Net Income Available to Common Shares $ 0.19 $ 0.12 $ 0.49 $ 0.45

Note 5 - Securities (Tables)

Note 5 - Securities (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	September 30, 2016 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 7,587 $ 119 $ 1 $ 7,705 Corporate Securities 11,155 - 51 11,104 Mortgage-Backed Securities 108,184 582 45 108,721 Municipal Securities 80,144 1,427 43 81,528 Other Securities 828 - 214 614 $ 207,898 $ 2,128 $ 354 $ 209,672 December 31, 2015 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 13,656 $ 43 $ 32 $ 13,667 Corporate Securities 11,177 - 105 11,072 Mortgage-Backed Securities 120,599 39 1,568 119,070 Municipal Securities 65,679 874 112 66,441 Other Securities 942 - 335 607 $ 212,053 $ 956 $ 2,152 $ 210,857
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	September 30, 2016 Less Than 12 Months 12 Months or Greater Total (Dollars in thousands) Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government Agencies $ 1,007 $ 1 $ - $ - $ 1,007 $ 1 Corporate Securities 6,536 29 4,568 22 11,104 51 Mortgage-Backed Securities 2,618 11 10,682 34 13,300 45 Municipal Securities 11,528 41 211 2 11,739 43 Other Securities - - 614 214 614 214 $ 21,689 $ 82 $ 16,075 $ 272 $ 37,764 $ 354 December 31, 2015 Less Than 12 Months 12 Months or Greater Total (Dollars in thousands) Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. Government Agencies $ 8,840 $ 32 $ - $ - $ 8,840 $ 32 Corporate Securities 11,072 105 - - 11,072 105 Mortgage-Backed Securities 91,384 1,029 23,386 539 114,770 1,568 Municipal Securities 13,983 43 2,498 69 16,481 112 Other Securities - - 607 335 607 335 $ 125,279 $ 1,209 $ 26,491 $ 943 $ 151,770 $ 2,152
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Fair Cost Value (Dollars in thousands) Less Than One Year $ 6,550 $ 6,558 One to Five Years 46,632 47,100 Over Five to Ten Years 54,652 55,365 Over Ten Years 100,064 100,649 $ 207,898 $ 209,672

Note 6 - Loans and the Allowa21

Note 6 - Loans and the Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, December 31, 2016 2015 (Dollars in thousands) Real estate loans: Construction and land $ 99,189 $ 97,872 Farmland 9,750 8,897 1-4 family residential 128,384 112,954 Multi-family residential 21,420 26,058 Nonfarm nonresidential 286,005 312,207 Commercial 226,406 185,276 Consumer 40,354 29,128 Total loans held for investment 811,508 772,392 Less: Allowance for loan losses (7,746 ) (7,244 ) Net loans $ 803,762 $ 765,148
Allowance for Credit Losses on Financing Receivables [Table Text Block]	September 30, 2016 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Real Estate: Construction Real Estate: 1-4 Family Multi-family Nonfarm and Land Farmland Residential Residential Nonresidential Commercial Consumer Total Allowance for credit losses: Beginning Balance $ 600 $ 30 $ 1,021 $ 101 $ 1,416 $ 3,618 $ 458 $ 7,244 Charge-offs (484 ) - (162 ) - (465 ) (390 ) - (1,501 ) Recoveries 10 - 98 - 908 32 35 1,083 Provision 576 42 496 87 2 (50 ) (233 ) 920 Ending Balance $ 702 $ 72 $ 1,453 $ 188 $ 1,861 $ 3,210 $ 260 $ 7,746 Ending Balance: Individually evaluated for impairment $ - $ - $ 359 $ - $ - $ 560 $ 36 $ 955 Collectively evaluated for impairment $ 702 $ 72 $ 1,040 $ 144 $ 1,861 $ 2,650 $ 224 $ 6,693 Purchased Credit Impaired (1) $ - $ - $ 54 $ 44 $ - $ - $ - $ 98 Loans receivable: Ending Balance $ 99,189 $ 9,750 $ 128,384 $ 21,420 $ 286,005 $ 226,406 $ 40,354 $ 811,508 Ending Balance: Individually evaluated for impairment $ 58 $ - $ 3,696 $ - $ 3,133 $ 5,526 $ 36 $ 12,449 Collectively evaluated for impairment $ 98,964 $ 9,750 $ 124,362 $ 21,225 $ 281,418 $ 220,880 $ 40,318 $ 796,917 Purchased Credit Impaired (1) $ 167 $ - $ 326 $ 195 $ 1,454 $ - $ - $ 2,142 December 31, 2015 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Real Estate: Construction Real Estate: 1-4 Family Multi-family Nonfarm and Land Farmland Residential Residential Nonresidential Commercial Consumer Total Allowance for credit losses: Beginning balance $ 525 $ 19 $ 775 $ 35 $ 1,140 $ 3,813 $ 325 $ 6,632 Charge-offs (102 ) - (144 ) - (44 ) (695 ) - (985 ) Recoveries 34 - 94 - 13 164 92 397 Provision 143 11 296 66 307 336 41 1,200 Ending Balance $ 600 $ 30 $ 1,021 $ 101 $ 1,416 $ 3,618 $ 458 $ 7,244 Ending Balance: Individually evaluated for impairment $ 504 $ - $ 129 $ - $ - $ 475 $ - $ 1,108 Collectively evaluated for impairment $ 96 $ 30 $ 838 $ 57 $ 1,416 $ 3,143 $ 458 $ 6,038 Purchased Credit Impaired (1) $ - $ - $ 54 $ 44 $ - $ - $ - $ 98 Loans receivable: Ending Balance $ 97,872 $ 8,897 $ 112,954 $ 26,058 $ 312,207 $ 185,276 $ 29,128 $ 772,392 Ending Balance: Individually evaluated for impairment $ 1,732 $ - $ 3,666 $ - $ 4,172 $ 2,226 $ - $ 11,796 Collectively evaluated for impairment $ 96,046 $ 8,897 $ 108,778 $ 25,829 $ 305,234 $ 183,050 $ 29,128 $ 756,962 Purchased Credit Impaired (1) $ 94 $ - $ 510 $ 229 $ 2,801 $ - $ - $ 3,634
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 96,812 $ 1,088 $ 1,131 $ 158 $ 99,189 Farmland 9,750 - - - 9,750 1-4 family residential 117,025 5,135 2,971 3,253 128,384 Multi-family residential 20,743 - 482 195 21,420 Nonfarm nonresidential 259,191 14,907 11,189 718 286,005 Commercial 192,452 22,681 9,348 1,925 226,406 Consumer 39,933 356 65 - 40,354 Total $ 735,906 $ 44,167 $ 25,186 $ 6,249 $ 811,508 December 31, 2015 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 93,740 $ 1,300 $ 1,094 $ 1,738 $ 97,872 Farmland 8,897 - - - 8,897 1-4 family residential 104,720 1,824 3,205 3,205 112,954 Multi-family residential 24,884 945 - 229 26,058 Nonfarm nonresidential 281,503 12,727 16,171 1,806 312,207 Commercial 157,734 22,222 4,341 979 185,276 Consumer 28,702 396 30 - 29,128 Total $ 700,180 $ 39,414 $ 24,841 $ 7,957 $ 772,392
Past Due Financing Receivables [Table Text Block]	September 30, 2016 (Dollars in thousands) Greater Recorded Than 90 Investment Over 30-59 Days 60-89 Days Days Total Total Loans 90 Days Past Due Past Due Past Due Past Due Past Due Current Receivable and Still Accruing Real Estate Loans: Construction and land $ 385 $ - $ 107 $ 492 $ 98,697 $ 99,189 $ - Farmland - - - - 9,750 9,750 - 1-4 family residential 1,171 338 600 2,109 126,275 128,384 - Multi-family residential 239 - - 239 21,181 21,420 - Nonfarm nonresidential 3,103 60 426 3,589 282,416 286,005 - Commercial 416 2,016 217 2,649 223,757 226,406 38 Consumer 148 - - 148 40,206 40,354 - Total $ 5,462 $ 2,414 $ 1,350 $ 9,226 $ 802,282 $ 811,508 $ 38 December 31, 2015 (Dollars in thousands) Greater Recorded Than 90 Investment Over 30-59 Days 60-89 Days Days Total Total Loans 90 Days Past Due Past Due Past Due Past Due Past Due Current Receivable and Still Accruing Real Estate Loans: Construction and land $ - $ 10 $ 384 $ 394 $ 97,478 $ 97,872 $ - Farmland - - - - 8,897 8,897 - 1-4 family residential 289 132 1,086 1,507 111,447 112,954 - Multi-family residential - - - - 26,058 26,058 - Nonfarm nonresidential 1,185 178 309 1,672 310,535 312,207 - Commercial 78 13 - 91 185,185 185,276 - Consumer - - - - 29,128 29,128 - Total $ 1,552 $ 333 $ 1,779 $ 3,664 $ 768,728 $ 772,392 $ -
Impaired Financing Receivables [Table Text Block]	September 30, 2016 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ - $ - $ - $ 873 Farmland - - - - 1-4 family residential 514 538 359 349 Multi-family residential - - - - Nonfarm nonresidential - - - - Other Loans: Commercial 735 746 560 1,296 Consumer 36 36 36 4 $ 1,285 $ 1,320 $ 955 $ 2,522 With no allowance recorded: Real Estate Loans: Construction and land $ 58 $ 66 $ - $ 138 Farmland - - - - 1-4 family residential 3,182 3,708 - 3,380 Multi-family residential - - - - Nonfarm nonresidential 3,133 3,154 - 4,174 Other Loans: Commercial 4,791 5,952 - 2,368 Consumer - - - - $ 11,164 $ 12,880 $ - $ 10,060 Total Impaired Loans: Real Estate Loans: Construction and land $ 58 $ 66 $ - $ 1,011 Farmland - - - - 1-4 family residential 3,696 4,246 359 3,729 Multi-family residential - - - - Nonfarm nonresidential 3,133 3,154 - 4,174 Other Loans: Commercial 5,526 6,698 560 3,664 Consumer 36 36 36 4 $ 12,449 $ 14,200 $ 955 $ 12,582 December 31, 2015 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ 1,336 $ 1,514 $ 504 $ 1,392 Farmland - - - - 1-4 family residential 305 313 129 78 Multi-family residential - - - - Nonfarm nonresidential - - - - Other Loans: Commercial 975 1,653 475 908 Consumer - - - - $ 2,616 $ 3,480 $ 1,108 $ 2,378 With no allowance recorded: Real Estate Loans: Construction and land $ 396 $ 401 $ - $ 1,530 Farmland - - - - 1-4 family residential 3,361 3,898 - 1,933 Multi-family residential - - - - Nonfarm nonresidential 4,172 5,588 - 4,062 Other Loans: Commercial 1,251 1,255 - 3,368 Consumer - - - 14 $ 9,180 $ 11,142 $ - $ 10,907 Total Impaired Loans: Real Estate Loans: Construction and land $ 1,732 $ 1,915 $ 504 $ 2,922 Farmland - - - - 1-4 family residential 3,666 4,211 129 2,011 Multi-family residential - - - - Nonfarm nonresidential 4,172 5,588 - 4,062 Other Loans: Commercial 2,226 2,908 475 4,276 Consumer - - - 14 $ 11,796 $ 14,622 $ 1,108 $ 13,285
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	April 1, 2015 (Dollars in thousands) Purchased Impaired Credits: Contractually required principal and interest $ 11,294 Nonaccretable difference 6,375 Cash flows expected to be collected 4,919 Accretable yield - Fair value of Purchased Impaired Credits at Acquisition $ 4,919
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net [Table Text Block]	Purchased Impaired Credits (Dollars in thousands) Carrying amount - April 1, 2015 (acquisition) $ 4,919 Payments received, net of discounts realized (469 ) Charge-offs (204 ) Transfer to Other Real Estate (612 ) Carrying amount - December 31, 2015 3,634 Payments received, net of discounts realized (815 ) Charge-offs (352 ) Transfer to Other Real Estate (325 ) Carrying amount - September 30, 2016 $ 2,142
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Modifications as of September 30, 2016: Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded Contracts Investment Investment (Dollars in thousands) Troubled Debt Restructing Real Estate Loans: 1-4 family residential 4 $ 1,036 $ 755 Nonfarm nonresidential 1 2,623 2,240 Other Loans: Commercial 4 3,294 1,889 Total Loans 9 $ 6,953 $ 4,884 Modifications as of December 31, 2015: Pre-Modification Post-Modification Number Outstanding Outstanding of Recorded Recorded Contracts Investment Investment (Dollars in thousands) Troubled Debt Restructing Real Estate Loans: 1-4 family residential 5 $ 1,568 $ 1,008 Nonfarm nonresidential 3 5,143 3,623 Other Loans: Commercial 3 1,736 1,234 Total Loans 11 $ 8,447 $ 5,865

Note 7 - Fair Value of Financ22

Note 7 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Available for Sale: U.S. Government Agencies $ 7,705 $ - $ 7,705 $ - Corporate Securities 11,104 - 11,104 - Mortgage-Backed Securities 108,721 - 108,721 - Municipal Securities 81,528 - 81,528 - Other Securities 614 - 614 - Total $ 209,672 $ - $ 209,672 $ - December 31, 2015 Available for Sale: U.S. Government Agencies $ 13,667 $ - $ 13,667 $ - Corporate Securities 11,072 - 11,072 - Mortgage-Backed Securities 119,070 - 119,070 - Municipal Securities 66,441 - 66,441 - Other Securities 607 - 607 - Total $ 210,857 $ - $ 210,857 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Assets: Impaired Loans $ 13,538 $ - $ 13,538 $ - Repossessed Assets 1,581 - 1,581 - Total $ 15,119 $ - $ 15,119 $ - December 31, 2015 Assets: Impaired Loans $ 14,224 $ - $ 14,224 $ - Repossessed Assets 2,033 - 2,033 - Total $ 16,257 $ - $ 16,257 $ -
Fair Value, by Balance Sheet Grouping [Table Text Block]	Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Total Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) September 30, 2016 Financial Assets: Cash and Short-Term Investments $ 34,241 $ 34,241 $ 34,241 $ - $ - Securities 209,672 209,672 - 209,672 - Mortgage Loans Held for Sale 240 240 - 240 - Loans - Net 803,762 800,544 - - 800,544 Cash Value of BOLI 22,415 22,415 - 22,415 - Other Equity Securities 6,163 6,163 - - 6,163 Total $ 1,076,493 $ 1,073,275 $ 34,241 $ 232,327 $ 806,707 Financial Liabilities: Deposits $ 929,650 $ 914,101 $ - $ - $ 914,101 Borrowings 53,648 53,441 - 53,441 - Total $ 983,298 $ 967,542 $ - $ 53,441 $ 914,101 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Total Assets Inputs Inputs Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in thousands) December 31, 2015 Financial Assets: Cash and Short-Term Investments $ 43,407 $ 43,407 $ 43,407 $ - $ - Securities 210,857 210,857 - 210,857 - Loans - Net 765,148 761,241 - - 761,241 Cash Value of BOLI 22,339 22,339 - 22,339 - Other Equity Securities 5,350 5,350 - - 5,350 Total $ 1,047,101 $ 1,043,194 $ 43,407 $ 233,196 $ 766,591 Financial Liabilities: Deposits $ 904,236 $ 897,771 $ - $ - $ 897,771 Borrowings 54,579 54,561 - 54,561 - Total $ 958,815 $ 952,332 $ - $ 54,561 $ 897,771

Note 3 - Mergers and Acquisit23

Note 3 - Mergers and Acquisitions (Details Textual)	Sep. 30, 2016
American Gateway Financial Corporation [Member]
Number of Branches	10

Note 3 - Mergers and Acquisit24

Note 3 - Mergers and Acquisitions - Cost of Acquisition and Allocation of Purchase Price (Details)	9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares	Mar. 31, 2016shares	Dec. 31, 2015USD ($)
American Gateway Financial Corporation [Member]
AGFC Shares Outstanding at March 31, 2015 (in shares) | shares		217,944
Gross Business First Shares Issued for AGFC Shares (in shares) | shares	2,589,174
Exchange Ratio	11.88
Less: Shares Cashed Out Under Terms of Merger (in shares) | shares	698,186
Net Business First Shares to be Issued for AGFC Shares (in shares) | shares	1,890,988
Market Value per Share of Business First Stock (in dollars per share) | $ / shares	$ 17.66
Aggregate Value of Business First Stock Issued in Merger	$ 33,395,000
Aggregate Cash Consideration Paid in Merger	1,595,000
Cash Paid to Shareholders Exercising Appraisal Rights	12,867,000
Total Purchase Price	47,857,000
Net Assets Acquired:
Cash and Cash Equivalents	98,489,000
Securities Available for Sale	108,358,000
Loans and Leases Receivable	143,223,000
Premises and Equipment, Net	7,395,000
Cash Value of Life Insurance	4,326,000
Other Real Estate Owned	593,000
Core Deposit Intangible	2,762,000
Other Assets	6,375,000
Total Assets	371,521,000
Noninterest Bearing Deposits	80,865,000
Interest Bearing Deposits	202,442,000
Total Deposits	283,307,000
Borrowings	45,509,000
Other Liabilities	1,672,000
Total Liabilities	330,488,000
Net Assets Acquired	41,033,000
Goodwill	6,824,000
Goodwill	$ 6,824,000		$ 3,376,000

Note 4 - Earnings per Common 25

Note 4 - Earnings per Common 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, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Consolidated Net Income	$ 1,380	$ 939	$ 3,625	$ 3,095
Weighted Average Common Shares Outstanding (in shares)	7,039,098	7,204,065	7,037,842	6,578,878
Dilutive Effect of Stock Options and Warrants (in shares)	311,235	293,578	311,235	293,578
Weighted Average Dilutive Common Shares (in shares)	7,350,333	7,497,643	7,349,077	6,872,456
Basic (in dollars per share)	$ 0.20	$ 0.13	$ 0.52	$ 0.47
Diluted (in dollars per share)	$ 0.19	$ 0.12	$ 0.49	$ 0.45

Note 5 - Securities - Amortized

Note 5 - Securities - Amortized Cost and Fair Values of Securities Available-for-Sale (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member]
Amortized Cost	$ 7,587,000	$ 13,656,000
Gross Unrealized Gains	119,000	43,000
Gross Unrealized Losses	1,000	32,000
Securities Available for Sale, at Fair Values	7,705,000	13,667,000
Corporate Debt Securities [Member]
Amortized Cost	11,155,000	11,177,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	51,000	105,000
Securities Available for Sale, at Fair Values	11,104,000	11,072,000
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	108,184,000	120,599,000
Gross Unrealized Gains	582,000	39,000
Gross Unrealized Losses	45,000	1,568,000
Securities Available for Sale, at Fair Values	108,721,000	119,070,000
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	80,144,000	65,679,000
Gross Unrealized Gains	1,427,000	874,000
Gross Unrealized Losses	43,000	112,000
Securities Available for Sale, at Fair Values	81,528,000	66,441,000
Other Debt Obligations [Member]
Amortized Cost	828,000	942,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	214,000	335,000
Securities Available for Sale, at Fair Values	614,000	607,000
Amortized Cost	207,898,000	212,053,000
Gross Unrealized Gains	2,128,000	956,000
Gross Unrealized Losses	354,000	2,152,000
Securities Available for Sale, at Fair Values	$ 209,672,000	$ 210,857,000

Note 5 - Securities - Summary o

Note 5 - Securities - Summary of Securities with Gross Unrealized Losses and Fair Values (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member]
Fair Value, Less Than 12 Months	$ 1,007,000	$ 8,840,000
Gross Unrealized Losses, Less Than 12 Months	1,000	32,000
Fair Value, 12 Months or Greater	0	0
Gross Unrealized Losses, 12 Months or Greater	0	0
Fair Value	1,007,000	8,840,000
Gross Unrealized Losses	1,000	32,000
Fair Value	1,007,000	8,840,000
Gross Unrealized Losses	1,000	32,000
Corporate Debt Securities [Member]
Fair Value, Less Than 12 Months	6,536,000	11,072,000
Gross Unrealized Losses, Less Than 12 Months	29,000	105,000
Fair Value, 12 Months or Greater	4,568,000	0
Gross Unrealized Losses, 12 Months or Greater	22,000	0
Fair Value	11,104,000	11,072,000
Gross Unrealized Losses	51,000	105,000
Fair Value	11,104,000	11,072,000
Gross Unrealized Losses	51,000	105,000
Collateralized Mortgage Backed Securities [Member]
Fair Value, Less Than 12 Months	2,618,000	91,384,000
Gross Unrealized Losses, Less Than 12 Months	11,000	1,029,000
Fair Value, 12 Months or Greater	10,682,000	23,386,000
Gross Unrealized Losses, 12 Months or Greater	34,000	539,000
Fair Value	13,300,000	114,770,000
Gross Unrealized Losses	45,000	1,568,000
Fair Value	13,300,000	114,770,000
Gross Unrealized Losses	45,000	1,568,000
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Less Than 12 Months	11,528,000	13,983,000
Gross Unrealized Losses, Less Than 12 Months	41,000	43,000
Fair Value, 12 Months or Greater	211,000	2,498,000
Gross Unrealized Losses, 12 Months or Greater	2,000	69,000
Fair Value	11,739,000	16,481,000
Gross Unrealized Losses	43,000	112,000
Fair Value	11,739,000	16,481,000
Gross Unrealized Losses	43,000	112,000
Other Debt Obligations [Member]
Fair Value, Less Than 12 Months	0	0
Gross Unrealized Losses, Less Than 12 Months	0	0
Fair Value, 12 Months or Greater	614,000	607,000
Gross Unrealized Losses, 12 Months or Greater	214,000	335,000
Fair Value	614,000	607,000
Gross Unrealized Losses	214,000	335,000
Fair Value	614,000	607,000
Gross Unrealized Losses	214,000	335,000
Fair Value, Less Than 12 Months	21,689,000	125,279,000
Gross Unrealized Losses, Less Than 12 Months	82,000	1,209,000
Fair Value, 12 Months or Greater	16,075,000	26,491,000
Gross Unrealized Losses, 12 Months or Greater	272,000	943,000
Fair Value	37,764,000	151,770,000
Gross Unrealized Losses	354,000	2,152,000
Fair Value	37,764,000	151,770,000
Gross Unrealized Losses	$ 354,000	$ 2,152,000

Note 5 - Securities - Summary28

Note 5 - Securities - Summary of Amortized Cost and Fair Values of Securities Available for Sale by Contractual Maturity (Details) $ in Thousands	Sep. 30, 2016USD ($)
Less Than One Year, Amortized Cost	$ 6,550
Less Than One Year, Fair Value	6,558
One to Five Years, Amortized Cost	46,632
One to Five Years, Fair Value	47,100
Over Five to Ten Years, Amortized Cost	54,652
Over Five to Ten Years, Fair Value	55,365
Over Ten Years, Amortized Cost	100,064
Over Ten Years, Fair Value	100,649
Amortized Cost	207,898
Fair Value	$ 209,672

Note 6 - Loans and the Allowa29

Note 6 - Loans and the Allowance for Loan Losses (Details Textual) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Apr. 01, 2015
American Gateway Financial Corporation [Member] | Performing Financial Instruments [Member]
Loans and Leases Receivable, Deferred Income	$ 2,500,000		$ 3,200,000
Loans and Leases Receivable, Net of Deferred Income	72,200,000		93,100,000	$ 142,800,000
Loans Receivable, Fair Value Disclosure				$ 138,100,000
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0		54,000,000
Loans and Leases Receivable, Deferred Income	772,000,000		740,000,000
Loans and Leases Receivable Reclassified from Overdraft	173,000,000		150,000,000
Loans Receivable, Unpaid Principal Balance	58,900,000		44,700,000
Impaired Financing Receivable, Interest Income, Accrual Method	283,000,000	$ 426,000,000
Loans and Leases Receivable, Net of Deferred Income	$ 811,508,000		$ 772,392,000

Note 6 - Loans and the Allowa30

Note 6 - Loans and the Allowance for Loan Losses - Summary of Loans Receivable (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015	Dec. 31, 2014
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 99,189,000	$ 97,872,000
Allowance for loan losses	(702,000)	(600,000)	$ (525,000)
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans and Leases Receivable, Net of Deferred Income	9,750,000	8,897,000
Allowance for loan losses	(72,000)	(30,000)	(19,000)
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Loans and Leases Receivable, Net of Deferred Income	286,005,000	312,207,000
Allowance for loan losses	(1,861,000)	(1,416,000)	(1,140,000)
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Loans and Leases Receivable, Net of Deferred Income	128,384,000	112,954,000
Allowance for loan losses	(1,453,000)	(1,021,000)	(775,000)
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Loans and Leases Receivable, Net of Deferred Income	21,420,000	26,058,000
Allowance for loan losses	(188,000)	(101,000)	(35,000)
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	226,406,000	185,276,000
Allowance for loan losses	(3,210,000)	(3,618,000)	(3,813,000)
Consumer Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	40,354,000	29,128,000
Allowance for loan losses	(260,000)	(458,000)	(325,000)
Loans and Leases Receivable, Net of Deferred Income	811,508,000	772,392,000
Allowance for loan losses	(7,746,000)	(7,244,000)	$ (6,632,000)
Net loans	$ 803,762,000	$ 765,148,000

Note 6 - Loans and the Allowa31

Note 6 - Loans and the Allowance for Loan Losses - Summary of Allowance for Credit Losses and Recorded Investment in Loans Receivable (Details) - USD ($)		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Allowance for credit losses, Beginning Balance				$ 600,000	$ 525,000	$ 525,000
Allowance for credit losses, Charge-offs				(484,000)		(102,000)
Allowance for credit losses, Recoveries				10,000		34,000
Allowance for credit losses, Provision				576,000		143,000
Allowance for credit losses, Ending Balance		$ 702,000		702,000		600,000
Allowance for credit losses, Individually evaluated for impairment		0		0		504,000
Allowance for credit losses, Collectively evaluated for impairment		702,000		702,000		96,000
Allowance for credit losses, Purchased Credit Impaired	[1]	0		0		0
Loans and Leases Receivable, Net of Deferred Income		99,189,000		99,189,000		97,872,000
Loans receivable, Individually evaluated for impairment		58,000		58,000		1,732,000
Loans receivable, Collectively evaluated for impairment		98,964,000		98,964,000		96,046,000
Loans receivable, Purchased Credit Impaired	[1]	167,000		167,000		94,000
Loans receivable, Purchased Credit Impaired	[1]	167,000		167,000		94,000
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Allowance for credit losses, Beginning Balance				30,000	19,000	19,000
Allowance for credit losses, Charge-offs				0		0
Allowance for credit losses, Recoveries				0		0
Allowance for credit losses, Provision				42,000		11,000
Allowance for credit losses, Ending Balance		72,000		72,000		30,000
Allowance for credit losses, Individually evaluated for impairment		0		0		0
Allowance for credit losses, Collectively evaluated for impairment		72,000		72,000		30,000
Allowance for credit losses, Purchased Credit Impaired	[1]	0		0		0
Loans and Leases Receivable, Net of Deferred Income		9,750,000		9,750,000		8,897,000
Loans receivable, Individually evaluated for impairment		0		0		0
Loans receivable, Collectively evaluated for impairment		9,750,000		9,750,000		8,897,000
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Allowance for credit losses, Beginning Balance				1,416,000	1,140,000	1,140,000
Allowance for credit losses, Charge-offs				(465,000)		(44,000)
Allowance for credit losses, Recoveries				908,000		13,000
Allowance for credit losses, Provision				2,000		307,000
Allowance for credit losses, Ending Balance		1,861,000		1,861,000		1,416,000
Allowance for credit losses, Individually evaluated for impairment		0		0		0
Allowance for credit losses, Collectively evaluated for impairment		1,861,000		1,861,000		1,416,000
Allowance for credit losses, Purchased Credit Impaired	[1]	0		0		0
Loans and Leases Receivable, Net of Deferred Income		286,005,000		286,005,000		312,207,000
Loans receivable, Individually evaluated for impairment		3,133,000		3,133,000		4,172,000
Loans receivable, Collectively evaluated for impairment		281,418,000		281,418,000		305,234,000
Loans receivable, Purchased Credit Impaired	[1]	1,454,000		1,454,000		2,801,000
Loans receivable, Purchased Credit Impaired	[1]	1,454,000		1,454,000		2,801,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Allowance for credit losses, Beginning Balance				1,021,000	775,000	775,000
Allowance for credit losses, Charge-offs				(162,000)		(144,000)
Allowance for credit losses, Recoveries				98,000		94,000
Allowance for credit losses, Provision				496,000		296,000
Allowance for credit losses, Ending Balance		1,453,000		1,453,000		1,021,000
Allowance for credit losses, Individually evaluated for impairment		359,000		359,000		129,000
Allowance for credit losses, Collectively evaluated for impairment		1,040,000		1,040,000		838,000
Allowance for credit losses, Purchased Credit Impaired	[1]	54,000		54,000		54,000
Loans and Leases Receivable, Net of Deferred Income		128,384,000		128,384,000		112,954,000
Loans receivable, Individually evaluated for impairment		3,696,000		3,696,000		3,666,000
Loans receivable, Collectively evaluated for impairment		124,362,000		124,362,000		108,778,000
Loans receivable, Purchased Credit Impaired	[1]	326,000		326,000		510,000
Loans receivable, Purchased Credit Impaired	[1]	326,000		326,000		510,000
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Allowance for credit losses, Beginning Balance				101,000	35,000	35,000
Allowance for credit losses, Charge-offs				0		0
Allowance for credit losses, Recoveries				0		0
Allowance for credit losses, Provision				87,000		66,000
Allowance for credit losses, Ending Balance		188,000		188,000		101,000
Allowance for credit losses, Individually evaluated for impairment		0		0		0
Allowance for credit losses, Collectively evaluated for impairment		144,000		144,000		57,000
Allowance for credit losses, Purchased Credit Impaired	[1]	44,000		44,000		44,000
Loans and Leases Receivable, Net of Deferred Income		21,420,000		21,420,000		26,058,000
Loans receivable, Individually evaluated for impairment		0		0		0
Loans receivable, Collectively evaluated for impairment		21,225,000		21,225,000		25,829,000
Loans receivable, Purchased Credit Impaired	[1]	195,000		195,000		229,000
Loans receivable, Purchased Credit Impaired	[1]	195,000		195,000		229,000
Commercial Portfolio Segment [Member]
Allowance for credit losses, Beginning Balance				3,618,000	3,813,000	3,813,000
Allowance for credit losses, Charge-offs				(390,000)		(695,000)
Allowance for credit losses, Recoveries				32,000		164,000
Allowance for credit losses, Provision				(50,000)		336,000
Allowance for credit losses, Ending Balance		3,210,000		3,210,000		3,618,000
Allowance for credit losses, Individually evaluated for impairment		560,000		560,000		475,000
Allowance for credit losses, Collectively evaluated for impairment		2,650,000		2,650,000		3,143,000
Allowance for credit losses, Purchased Credit Impaired	[1]	0		0		0
Loans and Leases Receivable, Net of Deferred Income		226,406,000		226,406,000		185,276,000
Loans receivable, Individually evaluated for impairment		5,526,000		5,526,000		2,226,000
Loans receivable, Collectively evaluated for impairment		220,880,000		220,880,000		183,050,000
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Consumer Portfolio Segment [Member]
Allowance for credit losses, Beginning Balance				458,000	325,000	325,000
Allowance for credit losses, Charge-offs				0		0
Allowance for credit losses, Recoveries				35,000		92,000
Allowance for credit losses, Provision				(233,000)		41,000
Allowance for credit losses, Ending Balance		260,000		260,000		458,000
Allowance for credit losses, Individually evaluated for impairment		36,000		36,000		0
Allowance for credit losses, Collectively evaluated for impairment		224,000		224,000		458,000
Allowance for credit losses, Purchased Credit Impaired	[1]	0		0		0
Loans and Leases Receivable, Net of Deferred Income		40,354,000		40,354,000		29,128,000
Loans receivable, Individually evaluated for impairment		36,000		36,000		0
Loans receivable, Collectively evaluated for impairment		40,318,000		40,318,000		29,128,000
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Loans receivable, Purchased Credit Impaired	[1]	0		0		0
Allowance for credit losses, Beginning Balance				7,244,000	6,632,000	6,632,000
Allowance for credit losses, Charge-offs				(1,501,000)		(985,000)
Allowance for credit losses, Recoveries				1,083,000		397,000
Allowance for credit losses, Provision		100,000	$ 150,000	920,000	$ 450,000	1,200,000
Allowance for credit losses, Ending Balance		7,746,000		7,746,000		7,244,000
Allowance for credit losses, Individually evaluated for impairment		955,000		955,000		1,108,000
Allowance for credit losses, Collectively evaluated for impairment		6,693,000		6,693,000		6,038,000
Allowance for credit losses, Purchased Credit Impaired	[1]	98,000		98,000		98,000
Loans and Leases Receivable, Net of Deferred Income		811,508,000		811,508,000		772,392,000
Loans receivable, Individually evaluated for impairment		12,449,000		12,449,000		11,796,000
Loans receivable, Collectively evaluated for impairment		796,917,000		796,917,000		756,962,000
Loans receivable, Purchased Credit Impaired	[1]	2,142,000		2,142,000		3,634,000
Loans receivable, Purchased Credit Impaired	[1]	$ 2,142,000		$ 2,142,000		$ 3,634,000
[1]	Purchased credit impaired loans are evaluated for impairment on an individual basis.

Note 6 - Loans and the Allowa32

Note 6 - Loans and the Allowance for Loan Losses - Summary of Credit Quality Indicators, Disaggregated by Class of Loan (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 96,812	$ 93,740
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	1,088	1,300
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	1,131	1,094
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	158	1,738
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans and Leases Receivable, Net of Deferred Income	99,189	97,872
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	9,750	8,897
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans and Leases Receivable, Net of Deferred Income	9,750	8,897
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	259,191	281,503
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	14,907	12,727
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	11,189	16,171
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	718	1,806
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Loans and Leases Receivable, Net of Deferred Income	286,005	312,207
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	117,025	104,720
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	5,135	1,824
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	2,971	3,205
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	3,253	3,205
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Loans and Leases Receivable, Net of Deferred Income	128,384	112,954
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	20,743	24,884
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income		945
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	482
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	195	229
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Loans and Leases Receivable, Net of Deferred Income	21,420	26,058
Commercial Portfolio Segment [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	192,452	157,734
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	22,681	22,222
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	9,348	4,341
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	1,925	979
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	226,406	185,276
Consumer Portfolio Segment [Member] | Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	39,933	28,702
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	356	396
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	65	30
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income
Consumer Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	40,354	29,128
Pass [Member]
Loans and Leases Receivable, Net of Deferred Income	735,906	700,180
Special Mention [Member]
Loans and Leases Receivable, Net of Deferred Income	44,167	39,414
Substandard [Member]
Loans and Leases Receivable, Net of Deferred Income	25,186	24,841
Doubtful [Member]
Loans and Leases Receivable, Net of Deferred Income	6,249	7,957
Loans and Leases Receivable, Net of Deferred Income	$ 811,508	$ 772,392

Note 6 - Loans and the Allowa33

Note 6 - Loans and the Allowance for Loan Losses - Summary of Aged Analysis of Past Due Loans Receivable (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	$ 385,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due		10,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	107,000	384,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Past Due	492,000	394,000
Current	98,697,000	97,478,000
Loans and Leases Receivable, Net of Deferred Income	99,189,000	97,872,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Past Due
Current	9,750,000	8,897,000
Loans and Leases Receivable, Net of Deferred Income	9,750,000	8,897,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	3,103,000	1,185,000
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	60,000	178,000
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	426,000	309,000
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Past Due	3,589,000	1,672,000
Current	282,416,000	310,535,000
Loans and Leases Receivable, Net of Deferred Income	286,005,000	312,207,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	1,171,000	289,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	338,000	132,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	600,000	1,086,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Past Due	2,109,000	1,507,000
Current	126,275,000	111,447,000
Loans and Leases Receivable, Net of Deferred Income	128,384,000	112,954,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	239,000
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Past Due	239,000
Current	21,181,000	26,058,000
Loans and Leases Receivable, Net of Deferred Income	21,420,000	26,058,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	416,000	78,000
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	2,016,000	13,000
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	217,000
Commercial Portfolio Segment [Member]
Past Due	2,649,000	91,000
Current	223,757,000	185,185,000
Loans and Leases Receivable, Net of Deferred Income	226,406,000	185,276,000
Recorded Investment Over 90 Days Past Due and Still Accruing	38,000	0
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	148,000
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due
Consumer Portfolio Segment [Member]
Past Due	148,000
Current	40,206,000	29,128,000
Loans and Leases Receivable, Net of Deferred Income	40,354,000	29,128,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	5,462,000	1,552,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	2,414,000	333,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	1,350,000	1,779,000
Past Due	9,226,000	3,664,000
Current	802,282,000	768,728,000
Loans and Leases Receivable, Net of Deferred Income	811,508,000	772,392,000
Recorded Investment Over 90 Days Past Due and Still Accruing	$ 38,000	$ 0

Note 6 - Loans and the Allowa34

Note 6 - Loans and the Allowance for Loan Losses - Summary of Information Pertaining to Impaired Loans (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Recorded Investment, with an allowance recorded	$ 0	$ 1,336,000
Unpaid Principal Balance, with an allowance recorded	0	1,514,000
Related Allowance	0	504,000
Average Recorded Investment, with an allowance recorded	873,000	1,392,000
Recorded Investment, with no allowance recorded	58,000	396,000
Unpaid Principal Balance, with no allowance recorded	66,000	401,000
Average Recorded Investment, with no allowance recorded	138,000	1,530,000
Recorded Investment	58,000	1,732,000
Unpaid Principal Balance	66,000	1,915,000
Average Recorded Investment	1,011,000	2,922,000
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Recorded Investment, with an allowance recorded	0	0
Unpaid Principal Balance, with an allowance recorded	0	0
Related Allowance	0	0
Average Recorded Investment, with an allowance recorded	0	0
Recorded Investment, with no allowance recorded	0	0
Unpaid Principal Balance, with no allowance recorded	0	0
Average Recorded Investment, with no allowance recorded	0	0
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Recorded Investment, with an allowance recorded	0	0
Unpaid Principal Balance, with an allowance recorded	0	0
Related Allowance	0	0
Average Recorded Investment, with an allowance recorded	0	0
Recorded Investment, with no allowance recorded	3,133,000	4,172,000
Unpaid Principal Balance, with no allowance recorded	3,154,000	5,588,000
Average Recorded Investment, with no allowance recorded	4,174,000	4,062,000
Recorded Investment	3,133,000	4,172,000
Unpaid Principal Balance	3,154,000	5,588,000
Average Recorded Investment	4,174,000	4,062,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Recorded Investment, with an allowance recorded	514,000	305,000
Unpaid Principal Balance, with an allowance recorded	538,000	313,000
Related Allowance	359,000	129,000
Average Recorded Investment, with an allowance recorded	349,000	78,000
Recorded Investment, with no allowance recorded	3,182,000	3,361,000
Unpaid Principal Balance, with no allowance recorded	3,708,000	3,898,000
Average Recorded Investment, with no allowance recorded	3,380,000	1,933,000
Recorded Investment	3,696,000	3,666,000
Unpaid Principal Balance	4,246,000	4,211,000
Average Recorded Investment	3,729,000	2,011,000
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Recorded Investment, with an allowance recorded	0	0
Unpaid Principal Balance, with an allowance recorded	0	0
Related Allowance	0	0
Average Recorded Investment, with an allowance recorded	0	0
Recorded Investment, with no allowance recorded	0	0
Unpaid Principal Balance, with no allowance recorded	0	0
Average Recorded Investment, with no allowance recorded	0	0
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Commercial Portfolio Segment [Member]
Recorded Investment, with an allowance recorded	735,000	975,000
Unpaid Principal Balance, with an allowance recorded	746,000	1,653,000
Related Allowance	560,000	475,000
Average Recorded Investment, with an allowance recorded	1,296,000	908,000
Recorded Investment, with no allowance recorded	4,791,000	1,251,000
Unpaid Principal Balance, with no allowance recorded	5,952,000	1,255,000
Average Recorded Investment, with no allowance recorded	2,368,000	3,368,000
Recorded Investment	5,526,000	2,226,000
Unpaid Principal Balance	6,698,000	2,908,000
Average Recorded Investment	3,664,000	4,276,000
Consumer Portfolio Segment [Member]
Recorded Investment, with an allowance recorded	36,000	0
Unpaid Principal Balance, with an allowance recorded	36,000	0
Related Allowance	36,000	0
Average Recorded Investment, with an allowance recorded	4,000	0
Recorded Investment, with no allowance recorded	0	0
Unpaid Principal Balance, with no allowance recorded	0	0
Average Recorded Investment, with no allowance recorded	0	14,000
Recorded Investment	36,000	0
Unpaid Principal Balance	36,000	0
Average Recorded Investment	4,000	14,000
Recorded Investment, with an allowance recorded	1,285,000	2,616,000
Unpaid Principal Balance, with an allowance recorded	1,320,000	3,480,000
Related Allowance	955,000	1,108,000
Average Recorded Investment, with an allowance recorded	2,522,000	2,378,000
Recorded Investment, with no allowance recorded	11,164,000	9,180,000
Unpaid Principal Balance, with no allowance recorded	12,880,000	11,142,000
Average Recorded Investment, with no allowance recorded	10,060,000	10,907,000
Recorded Investment	12,449,000	11,796,000
Unpaid Principal Balance	14,200,000	14,622,000
Average Recorded Investment	$ 12,582,000	$ 13,285,000

Note 6 - Loans and the Allowa35

Note 6 - Loans and the Allowance for Loan Losses - Fair Value of Loans Acquired with Deteriorated Credit Quality (Details) - American Gateway Financial Corporation [Member]	Apr. 01, 2015USD ($)
Purchased Impaired Credits, Contractually required principal and interest	$ 11,294,000
Purchased Impaired Credits, Nonaccretable difference	6,375,000
Purchased Impaired Credits, Cash flows expected to be collected	4,919,000
Purchased Impaired Credits, Accretable yield	0
Purchased Impaired Credits, Fair value of Purchased Impaired Credits at Acquisition	$ 4,919,000

Note 6 - Loans and the Allowa36

Note 6 - Loans and the Allowance for Loan Losses - Summary of Changes in Carrying Amount of Purchased Impaired Credits (Details) - USD ($)		9 Months Ended
		Sep. 30, 2016	Dec. 31, 2015
American Gateway Financial Corporation [Member]
Carrying amount, beginning balance		$ 3,634,000	$ 4,919,000
Payments received, net of discounts realized		(815,000)	(469,000)
Charge-offs		(352,000)	(204,000)
Transfer to Other Real Estate		(325,000)	(612,000)
Carrying amount, ending balance		2,142,000	3,634,000
Carrying amount, beginning balance	[1]	3,634,000
Carrying amount, ending balance	[1]	$ 2,142,000	$ 3,634,000
[1]	Purchased credit impaired loans are evaluated for impairment on an individual basis.

Note 6 - Loans and the Allowa37

Note 6 - Loans and the Allowance for Loan Losses - Summary of Informative Data Regarding Loan Modifications (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Number of Contracts	4	5
Pre-Modification Outstanding Recorded Investment	$ 1,036	$ 1,568
Post-Modification Outstanding Recorded Investment	$ 755	$ 1,008
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Number of Contracts	1	3
Pre-Modification Outstanding Recorded Investment	$ 2,623	$ 5,143
Post-Modification Outstanding Recorded Investment	$ 2,240	$ 3,623
Commercial Portfolio Segment [Member]
Number of Contracts	4	3
Pre-Modification Outstanding Recorded Investment	$ 3,294	$ 1,736
Post-Modification Outstanding Recorded Investment	$ 1,889	$ 1,234
Number of Contracts	9	11
Pre-Modification Outstanding Recorded Investment	$ 6,953	$ 8,447
Post-Modification Outstanding Recorded Investment	$ 4,884	$ 5,865

Note 7 - Fair Value of Financ38

Note 7 - Fair Value of Financial Instruments (Details Textual) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Liabilities, Fair Value Disclosure, Recurring	$ 0	$ 0
Liabilities, Fair Value Disclosure, Nonrecurring	$ 0	$ 0

Note 7 - Fair Value of Financ39

Note 7 - Fair Value of Financial Instruments - Summary of Financial Assets Measured at Fair Value on Recurring Basis (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	7,705,000	13,667,000
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	7,705,000	13,667,000
US Government Agencies Debt Securities [Member]
Securities Available for Sale, at Fair Values	7,705,000	13,667,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	11,104,000	11,072,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	11,104,000	11,072,000
Corporate Debt Securities [Member]
Securities Available for Sale, at Fair Values	11,104,000	11,072,000
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	108,721,000	119,070,000
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	108,721,000	119,070,000
Collateralized Mortgage Backed Securities [Member]
Securities Available for Sale, at Fair Values	108,721,000	119,070,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	81,528,000	66,441,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	81,528,000	66,441,000
US States and Political Subdivisions Debt Securities [Member]
Securities Available for Sale, at Fair Values	81,528,000	66,441,000
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	614,000	607,000
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Other Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	614,000	607,000
Other Debt Obligations [Member]
Securities Available for Sale, at Fair Values	614,000	607,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	209,672,000	210,857,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Fair Value, Measurements, Recurring [Member]
Securities Available for Sale, at Fair Values	209,672,000	210,857,000
Securities Available for Sale, at Fair Values	$ 209,672,000	$ 210,857,000

Note 7 - Fair Value of Financ40

Note 7 - Fair Value of Financial Instruments - Summary of Financial Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, nonrecurring
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, nonrecurring	13,538	14,224
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, nonrecurring
Impaired Loans [Member]
Assets, nonrecurring	13,538	14,224
Repossessed Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, nonrecurring
Repossessed Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, nonrecurring	1,581	2,033
Repossessed Assets [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, nonrecurring
Repossessed Assets [Member]
Assets, nonrecurring	1,581	2,033
Fair Value, Inputs, Level 1 [Member]
Assets, nonrecurring
Fair Value, Inputs, Level 2 [Member]
Assets, nonrecurring	15,119	16,257
Fair Value, Inputs, Level 3 [Member]
Assets, nonrecurring
Assets, nonrecurring	$ 15,119	$ 16,257

Note 7 - Fair Value of Financ41

Note 7 - Fair Value of Financial Instruments - Estimated Fair Values of Banks' Financial Instruments (Details) - USD ($)	Sep. 30, 2016	Dec. 31, 2015
Reported Value Measurement [Member]
Cash and Short-Term Investments	$ 34,241,000	$ 43,407,000
Securities	209,672,000	210,857,000
Mortgage Loans Held for Sale	240,000
Loans Receivable, Fair Value Disclosure	803,762,000	765,148,000
Cash Value of BOLI	22,415,000	22,339,000
Other Equity Securities	6,163,000	5,350,000
Total	1,076,493,000	1,047,101,000
Deposits	929,650,000	904,236,000
Borrowings	53,648,000	54,579,000
Total	983,298,000	958,815,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and Short-Term Investments	34,241,000	43,407,000
Securities
Mortgage Loans Held for Sale
Loans Receivable, Fair Value Disclosure
Cash Value of BOLI
Other Equity Securities
Total	34,241,000	43,407,000
Deposits
Borrowings
Total
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and Short-Term Investments
Securities	209,672,000	210,857,000
Mortgage Loans Held for Sale	240,000
Loans Receivable, Fair Value Disclosure
Cash Value of BOLI	22,415,000	22,339,000
Other Equity Securities
Total	232,327,000	233,196,000
Deposits
Borrowings	53,441,000	54,561,000
Total	53,441,000	54,561,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and Short-Term Investments
Securities
Mortgage Loans Held for Sale
Loans Receivable, Fair Value Disclosure	800,544,000	761,241,000
Cash Value of BOLI
Other Equity Securities	6,163,000	5,350,000
Total	806,707,000	766,591,000
Deposits	914,101,000	897,771,000
Borrowings
Total	914,101,000	897,771,000
Estimate of Fair Value Measurement [Member]
Cash and Short-Term Investments	34,241,000	43,407,000
Securities	209,672,000	210,857,000
Mortgage Loans Held for Sale	240,000
Loans Receivable, Fair Value Disclosure	800,544,000	761,241,000
Cash Value of BOLI	22,415,000	22,339,000
Other Equity Securities	6,163,000	5,350,000
Total	1,073,275,000	1,043,194,000
Deposits	914,101,000	897,771,000
Borrowings	53,441,000	54,561,000
Total	967,542,000	952,332,000
Securities	209,672,000	210,857,000
Other Equity Securities	$ 6,163,000	$ 5,350,000