Business First Bancshares (BFST) 10-K 20 Mar 17 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Mar. 10, 2017
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)		6,914,179
Entity Public Float	$ 0
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and Due from Banks	$ 42,173	$ 40,911
Federal Funds Sold	2,556	2,496
Securities Available for Sale, at Fair Values	198,342	210,857
Mortgage Loans Held for Sale	180
Loans and Lease Receivable, Net of Allowance for Loan Losses of $8,162 in 2016 and $7,244 in 2015	802,789	765,148
Premises and Equipment, Net	9,281	9,234
Accrued Interest Receivable	3,384	2,823
Other Equity Securities	6,120	5,350
Other Real Estate Owned	1,187	2,033
Cash Value of Life Insurance	22,567	22,339
Goodwill	6,824	3,376
Core Deposit Intangible	2,279	2,555
Other Assets	8,159	8,967
Total Assets	1,105,841	1,076,089
LIABILITIES
Noninterest Bearing	223,705	222,488
Interest Bearing	709,090	681,748
Total Deposits	932,795	904,236
Securities Sold Under Agreements to Repurchase	2,720	2,435
Short Term Borrowings	862	3,000
Long Term Borrowings	3,000
Federal Home Loan Bank Borrowings	47,064	49,144
Accrued Interest Payable	920	566
Other Liabilities	4,921	4,259
Total Liabilities	992,282	963,640
STOCKHOLDERS' EQUITY
Common Stock, $1 Par Value; 10,000,000 Shares Authorized; 6,916,673 and 7,035,913 Shares Issued and Outstanding at December 31, 2016 and 2015, respectively	6,917	7,036
Additional Paid-in Capital	85,133	85,913
Retained Earnings	23,839	20,289
Accumulated Other Comprehensive Loss	(2,330)	(789)
Total Stockholders' Equity	113,559	112,449
Total Liabilities and Stockholders' Equity	$ 1,105,841	$ 1,076,089

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Allowance for loan losses	$ 8,162	$ 7,244
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)	6,916,673	7,035,913
Common stock, shares outstanding (in shares)	6,916,673	7,035,913

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest Income:
Interest and Fees on Loans	$ 39,468	$ 35,244	$ 25,731
Interest and Dividends on Securities	3,781	3,186	1,673
Interest on Federal Funds Sold and Due From Banks	169	187	71
Total Interest Income	43,418	38,617	27,475
Interest Expense:
Interest on Deposits	5,152	3,858	3,641
Interest on Borrowings	674	609	310
Total Interest Expense	5,826	4,467	3,951
Net Interest Income	37,592	34,150	23,524
Provision for Loan Losses	1,220	1,200	700
Net Interest Income after Provision for Loan Losses	36,372	32,950	22,824
Other Income:
Service Charges on Deposit Accounts	2,033	1,553	587
Gain (Loss) on Sales of Securities	232	(15)	13
Other Income	3,156	1,642	1,128
Total Other Income	5,421	3,180	1,728
Other Expenses:
Salaries and Employee Benefits	19,471	16,145	11,196
Occupancy and Equipment Expense	4,574	3,941	2,469
Other Expenses	11,024	10,423	5,490
Total Other Expenses	35,069	30,509	19,155
Income Before Income Taxes	6,724	5,621	5,397
Provision for Income Taxes	1,613	1,525	1,364
Net Income	$ 5,111	$ 4,096	$ 4,033
Earnings Per Share:
Basic (in dollars per share)	$ 0.73	$ 0.61	$ 0.76
Diluted (in dollars per share)	$ 0.70	$ 0.59	$ 0.72

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Consolidated Net Income	$ 5,111	$ 4,096	$ 4,033
Other Comprehensive Income (Loss):
Unrealized Gain (Loss) on Investment Securities	(2,568)	(206)	3,630
Reclassification Adjustment for Gains (Loss) included in Net Income	232	(15)	13
Income Tax Effect	795	75	(1,239)
Other Comprehensive Income (Loss)	(1,541)	(146)	2,404
Consolidated Comprehensive Income (Loss)	$ 3,570	$ 3,950	$ 6,437

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balances at at Dec. 31, 2013	$ 5,315	$ 56,740	$ 12,915	$ (3,047)	$ 71,923
Net Income			4,033		4,033
Other Comprehensive Income (Loss)				2,404	2,404
Stock Based Compensation Cost		485			485
Balances at at Dec. 31, 2014	5,315	57,225	16,948	(643)	78,845
Net Income			4,096		4,096
Other Comprehensive Income (Loss)				(146)	(146)
Stock Based Compensation Cost		49			49
Balances at at Dec. 31, 2015	7,036	85,913	20,289	(789)	112,449
Merger Consideration - net	1,891	30,519			32,410
Stock Repurchase	(170)	(1,880)	(755)		(2,805)
Net Income			5,111		5,111
Other Comprehensive Income (Loss)				(1,541)	(1,541)
Stock Based Compensation Cost		456			456
Balances at at Dec. 31, 2016	6,917	85,133	23,839	$ (2,330)	113,559
Stock Repurchase	(125)	(1,245)	(505)		(1,875)
Cash Dividends Declared, $0.05 Per Share			$ (1,056)		(1,056)
Reclass of Shares Issued	5	(5)
Exercise of Stock Warrants	$ 1	$ 14			$ 15

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals)	12 Months Ended
	Dec. 31, 2016$ / shares
Retained Earnings [Member]
Cash dividends declared (in dollars per share)	$ 0.05

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash Flows From Operating Activities:
Consolidated Net Income	$ 5,111,000	$ 4,096,000	$ 4,033,000
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:
Provision for Loan Losses	1,220,000	1,200,000	700,000
Depreciation and Amortization	1,299,000	1,192,000	810,000
Amortization of Purchase Accounting Valuations	(1,818,000)	(2,332,000)
Noncash Compensation Expense	456,000	49,000	485,000
Net Amortization of Securities	1,929,000	1,511,000	493,000
(Gain) Loss on Sales of Securities	(232,000)	15,000	(13,000)
(Gain) Loss on Sale of Premises and Equipment	(24,000)	157,000
Gain on Sale of Other Real Estate Owned Net of Writedowns	(72,000)	(58,000)	(262,000)
Increase in Cash Value of Life Insurance	(788,000)	(637,000)	(569,000)
Provision (Credit) for Deferred Income Taxes	953,000	(74,000)	(764,000)
Changes in Assets and Liabilities:
(Increase) Decrease in Accrued Interest Receivable	(561,000)	(314,000)	134,000
(Increase) Decrease in Other Assets	659,000	(971,000)	1,521,000
Increase (Decrease) in Accrued Interest Payable	354,000	(76,000)	(37,000)
Increase (Decrease) in Other Liabilities	(350,000)	(350,000)	361,000
Net Cash Provided by Operating Activities	8,136,000	3,408,000	6,892,000
Cash Flows From Investing Activities:
Purchases of Securities Available for Sale	(45,935,000)	(58,648,000)	(3,699,000)
Proceeds from Maturities / Sales of Securities Available for Sale	30,589,000	9,528,000	28,846,000
Proceeds from Paydowns of Securities Available for Sale	23,828,000	19,376,000	5,799,000
Net Cash Received in Merger		87,377,000
Purchases of Other Equity Securities	(852,000)	(3,385,000)	(681,000)
Redemption of Other Equity Securities	82,000	1,912,000	1,866,000
Life Insurance Proceeds	560,000
Net Increase in Loans	(38,326,000)	(70,443,000)	(24,655,000)
Proceeds from Sale of Premises and Equipment	68,000
Purchases of Premises and Equipment	(1,390,000)	(962,000)	(218,000)
Proceeds from Sales of Other Real Estate	1,659,000	2,697,000	337,000
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	(60,000)	(1,339,000)	8,378,000
Net Cash Provided by (Used in) Investing Activities	(33,327,000)	(14,130,000)	15,973,000
Cash Flows From Financing Activities:
Net Increase (Decrease) in Deposits	28,559,000	33,775,000	(6,924,000)
Net Increase (Decrease) in Securities Sold Under Agreements to Repurchase	285,000	(1,841,000)
Net Repayments on Federal Home Loan Bank Borrowings	(1,349,000)	(6,511,000)
Net Increase (Decrease) in Short Term Borrowings	(2,138,000)	3,000,000
Proceeds from Long Term Borrowings	3,000,000
Repurchase of Common Stock	(863,000)	(2,805,000)
Proceeds from Exercise of Stock Warrants	15,000
Payment of Dividends on Common Stock	(1,056,000)
Net Cash Provided by (Used in) Financing Activities	26,453,000	25,618,000	(6,924,000)
Net Increase in Cash and Cash Equivalents	1,262,000	14,896,000	15,941,000
Cash and Cash Equivalents at Beginning of Period	40,911,000	26,015,000	10,074,000
Cash and Cash Equivalents at End of Period	42,173,000	40,911,000	26,015,000
Supplemental Disclosures for Cash Flow Information:
Interest on Deposits	4,779,000	3,813,000	3,679,000
Interest on Borrowings	693,000	467,000	309,000
Income Tax Payments	1,016,000	2,513,000	1,976,000
Supplemental Schedule for Noncash Investing and Financing Activities:
Change in the Unrealized Gain (Loss) on Securities Available for Sale	(2,336,000)	(221,000)	3,643,000
Change in Deferred Tax Effect on the Unrealized (Gain) Loss on Securities Available for Sale	795,000	75,000	(1,239,000)
Transfer of Loans to Other Real Estate	$ 648,000	$ 1,033,000	$ 2,203,000

Note 1 - Nature of Operations -

Note 1 - Nature of Operations - Summary of Significant Accounting Policies -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1 – Nature of Operations – Summary of Significant Accounting Policies – The accounting principles followed by 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, are those which are generally practiced within the banking industry. The methods of applying those principles conform with generally accepted accounting principles and have been applied on a consistent basis. The principles which significantly affect the determination of financial position, results of operations, changes in stockholders’ equity and cash flows are summarized below. Principles of Consolidation The consolidated financial statements include the accounts of Business First Bancshares, Inc. and its wholly-owned subsidiary, Business First Bank (the Bank), and the Bank ’s wholly-owned subsidiaries, Business First Insurance, LLC and American Gateway Insurance Agency, LLC (collectively, the Company). All significant intercompany balances and transactions have been eliminated. Nature of Operations The Bank operates in sixteen one one agencies. The Company is also regulated by the Federal Reserve and is subject to periodic examinations. Estimates 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 may may The Bank ’s loans are generally secured by specific items of collateral including real property, business assets, and consumer assets. Although the Bank has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on local economic conditions in the Bank’s market area. While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may may may Acquisition Accounting Acquisitions are accounted for under the purchase method of accounting. Purchased assets and assumed liabilities are recorded at their respective acquisition date fair values, and identifiable intangible assets are recorded at fair value. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. Fair values are subject to refinement for up to one Securities Management determines the appropriate classification of debt securities (held to maturity, available for sale or trading) at the time of purchase and re-evaluates this classification periodically. Securities classified as available for sale are those debt securities the Bank intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Bank ’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are recorded at fair value. Unrealized gains or losses are reported as a component of comprehensive income. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Securities classified as held to maturity are those debt securities the Bank has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or changes in general economic conditions. These securities are recorded at cost adjusted for amortization of premium and accretion of discount, computed by various methods approximating the interest method over their contractual lives. The Bank has no December 31, 201 6 2015. Securities classified as trading are those securities held for resale in anticipation of short-term market movements. These securities are recorded at market value with any market adjustments included in earnings. The Bank has no December 31, 201 6 2015. The Bank has invested in Federal Home Loan Bank (FHLB) stock which is reflected at cost in these financial statements. As a member of the FHLB System, the Bank is required to purchase and maintain stock in an amount determined by the FHLB. The FHLB stock is redeemable at par value at the discretion of the FHLB. Loans Loans are stated at principal amounts outstanding less the allowance for loan losses. Interest on commercial and individual loans is accrued daily based on the principal outstanding. Generally, the Bank discontinues the accrual of interest income when a loan becomes 90 The Bank classifies loans as impaired when it is probable the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. The measurement of impaired loans is based on the present value of the expected future cash flows discounted at the loan ’s effective interest rate or the loan’s observable market price, or based on the fair value of the collateral if the loan is collateral dependent. Acquired Loans Purchased loans acquired in a business combination are recorded at their estimated fair value as of the acquisition date and there is no carryover of the seller ’s allowance for loan losses. The Company accounts for acquired impaired loans in accordance with ASC 310 30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC 310 30”). The performing loans are accounted for under ASC 310 20, Nonrefundable Fees and Other Costs (“ASC 310 20”) Allowance for Loan Losses The allowance for loan losses is maintained at a level which, in management ’s judgment, is adequate to absorb credit losses inherent in the loan portfolio. The allowance for loan losses is based upon management’s review and evaluation of the loan portfolio. Factors considered in the establishment of the allowance for loan losses include management’s evaluation of specific loans; the level and composition of classified loans; historical loss experience; results of examinations by regulatory agencies; an internal asset review process; expectations of future economic conditions and their impact on particular borrowers; and other judgmental factors. Allowances for impaired loans are generally determined based on collateral values or the present value of estimated cash flows. Management obtains independent appraisals for significant collateral in determining collateral values. Although management uses available information to recognize losses on loans, because of uncertainties associated with local economic conditions, collateral values, and future cash flows on impaired loans, it is reasonably possible that a material change could occur in the allowance for loan losses in the near term. However, the amount of the change that is reasonably possible cannot be estimated. 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 allowance for loan losses is based on estimates of potential future losses, and ultimate losses may Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is provided at rates based upon estimated useful service lives using the straight-line method for financial reporting and accelerated methods for tax reporting purposes. The costs of assets retired or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts in the year of disposal and the resulting gains or losses are included in current operations. Expenditures for maintenance and repairs are charged to operations as incurred. Costs of major additions and improvements are capitalized. Other Real Estate Owned Real estate properties acquired through or in lieu of loan foreclosure or negotiated settlement are initially recorded at the fair value less estimated selling cost at the date of acquisition. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance for loan losses. After foreclosure, valuations are periodically performed by management and property held for sale is carried at the lower of the new cost basis or fair value less cost to sell. Impairment losses on property to be held and used are measured as the amount by which the carrying amount of a property exceeds its fair value. Costs of significant property improvements are capitalized, whereas costs relating to holding property are expensed. Valuations are periodically performed by management, and any subsequent write-downs are recorded as a charge to operations, if necessary, to reduce the carrying value of a property to the lower of its cost or fair value less cost to sell. The carrying amount of residential real estate included in other real estate owned was $660,000 December 31, 2015; none December 31, 2016. Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price over the fair value of the net identifiable assets acquired in a business combination. Goodwill and other intangible assets deemed to have an indefinite useful life are not amortized but instead are subject to review for impairment annually, or more frequently if deemed necessary. Intangible assets with estimable useful lives are amortized over their respective estimated useful lives and reviewed for impairment. If impaired, the asset is written down to its estimated fair value. Core deposit intangibles representing the value of the acquired core deposit base are generally recorded in connection with business combinations involving banks and branch locations. The Company ’s policy is to amortize core deposit intangibles on a straight line basis over their estimated useful life of 10 may Income Taxes The provision for income taxes is based on amounts reported in the statement of income after exclusion of nontaxable income such as interest on state and municipal securities. Also, certain items of income and expense are recognized in different time periods for financial statement purposes than for income tax purposes. Thus, provisions for deferred taxes are recorded in recognition of such temporary differences. Deferred taxes are provided utilizing a liability method whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the reported amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company files a consolidated federal income tax return. Consolidated income tax expense is allocated on the basis of each entity ’s income adjusted for permanent differences. The Company evaluates all significant tax positions as required by accounting principles generally accepted in the United States of America. As of December 31, 201 6, The Company files income tax returns in the U.S. federal jurisdiction and the state of Louisiana. With few exceptions, the Company is no longer subject to federal and state income tax examinations by tax authorities for years before 2013. Stock Based Compensation As described in Note 16, Statements of Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash on hand and deposits in other financial institutions. Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income. The components of comprehensive income are disclosed on the Consolidated Statements of Comprehensive Income for all periods presented. Advertising The Company expenses all costs of advertising and promotion the first promotion takes place. For the years ended December 31, 2016, 2015 2014, $849,000, $437,000 $190,000, Recent Accounting Pronouncements In September 2015, the FASB issued ASU No. 2015 16, Business Combinations (Topic 805), December 15, 2015, first In January 2016, 2016 16, Financial Instruments - Overall (Subtopic 825 10), may 2016 16 December 15, 2017, In February 2016, 2016 02, Leases (Topic 842), December 15, 2018. In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718), December 15, 2016, In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326), may December 31, 2019. first

Note 2 - Reclassifications -

Note 2 - Reclassifications -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Reclassifications [Text Block]	Note 2 – Reclassifications – Certain reclassifications may to the prior years’ financial statements in order to conform to the classifications adopted for reporting in 2016.

Note 3 - Mergers and Acquisitio

Note 3 - Mergers and Acquisitions -	12 Months Ended
	Dec. 31, 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, 10 ’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 purchased and the liabilities assumed at their estimated fair values. The fair value measurements were subject to refinement for up to one 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 Liablilites 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 -	12 Months Ended
	Dec. 31, 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 Years Ended December 31, 2016 2015 2014 (Dollars in thousands, except per share data) Numerator: Net Income Available to Common Shares $ 5,111 $ 4,096 $ 4,033 Denominator: Weighted Average Common Shares Outstanding 7,033,476 6,694,075 5,314,925 Dilutive Effect of Stock Options and Warrants 281,607 288,981 293,600 Weighted Average Dilutive Common Shares 7,315,083 6,983,056 5,608,525 Basic Earnings Per Common Share From Net Income Available to Common Shares $ 0.73 $ 0.61 $ 0.76 Diluted Earnings Per Common Share From Net Income Available to Common Shares $ 0.70 $ 0.59 $ 0.72

Note 5 - Cash and Due From Bank

Note 5 - Cash and Due From Bank -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 5 – Cash and Due From Bank – The Bank is required to maintain funds in cash or on deposit with the Federal Reserve Bank. There were no December 31, 2016 2015.

Note 6 - Securities -

Note 6 - Securities -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 6 – Securities – The amortized cost and fair values of securities available for sale as of December 31, 201 6 2015 December 31, 2016 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 7,580 $ 36 $ 50 $ 7,566 Corporate Securities 11,148 31 52 11,127 Mortgage-Backed Securities 101,766 20 2,414 99,372 Municipal Securities 80,559 210 1,133 79,636 Other Securities 820 - 179 641 Total Securities Available for Sale $ 201,873 $ 297 $ 3,828 $ 198,342 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 Total Securities Available for Sale $ 212,053 $ 956 $ 2,152 $ 210,857 The following table is a summary of securities with gross unrealized losses and fair values at December 31, 2016 2015, December 31, 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 $ 4,535 $ 50 $ - $ - $ 4,535 $ 50 Corporate Securities 2,010 31 4,515 21 6,525 52 Mortgage-Backed Securities 86,091 1,974 9,885 440 95,976 2,414 Municipal Securities 54,533 1,128 207 5 54,740 1,133 Other Securities - - 641 179 641 179 Total Securities Available for Sale $ 147,169 $ 3,183 $ 15,248 $ 645 $ 162,417 $ 3,828 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 Total Securities Available for Sale $ 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 December 31, 201 6 may may Amortized Fair Cost Value (Dollars in thousands) Less Than One Year $ 7,346 $ 7,349 One to Five Years 48,592 48,334 Over Five to Ten Years 61,477 60,499 Over Ten Years 84,458 82,160 Total Securities Available for Sale $ 201,873 $ 198,342 Securities available for sale with a fair value of $86.0 $107.9 December 31, 2016 2015. There were $260,000, $3,000 $530,000 December 31, 2016, 2015 2014, $28,000, $18,000 $517,000 December 31, 2016, 2015 2014, The Bank has invested in the Federal Home Loan Bank of Dallas which is included in other equity securities and reflected at cost in these financial statements. The cost of these securities was $3.6 $3.5 December 31, 2016 2015. December 31, 2016 2015. $100,000 $100,000 $1.6 $1.3 $348,000 $254,000 $234,000 $243,000 December 31, 2016 2015, December 31, 2016, $252,000

Note 7 - Loans and the Allowanc

Note 7 - Loans and the Allowance for Loan Losses -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Financing Receivables [Text Block]	Note 7 – Loans and the Allowance for Loan Losses – Loans receivable at December 31, 201 6 2015 December 31, 2016 2015 (Dollars in thousands) Real estate loans: Construction and land $ 94,426 $ 97,872 Farmland 9,217 8,897 1-4 family residential 129,052 112,954 Multi-family residential 22,737 26,058 Nonfarm nonresidential 298,057 312,207 Commercial 213,120 185,276 Consumer 44,342 29,128 Total loans held for investment 810,951 772,392 Less: Allowance for loan losses (8,162 ) (7,244 ) Net loans $ 802,789 $ 765,148 The performing one four December 31, 201 6 2015. Net deferred loan origination fees were $761 ,000 $740,000 December 31, 2016 2015, December 31, 2016 2015, $232,000 $150,000, The Bank is the lead lender on participations sold, without recourse, to other financial institutions which amounts are not included in the balance sheet. The unpaid principal balances of mortgages and other loans serviced for others were approximately $55.5 $44.7 December 31, 2016 2015, 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 December 31, 201 6 2015, Allowance for Credit Losses and Recorded Investment in Loans Receivable December 31, 2016 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Multi- Real Estate: Construction Real Estate: 1-4 Family 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 ) - (473 ) (667 ) (3 ) (1,789 ) Recoveries 10 - 140 - 1,258 33 46 1,487 Provision 807 45 229 71 113 55 (100 ) 1,220 Ending Balance $ 933 $ 75 $ 1,228 $ 172 $ 2,314 $ 3,039 $ 401 $ 8,162 Ending Balance: Individually evaluated for impairment $ - $ - $ 252 $ - $ 98 $ 501 $ 36 $ 887 Collectively evaluated for impairment $ 933 $ 75 $ 943 $ 172 $ 2,216 $ 2,538 $ 365 $ 7,242 Purchased Credit Impaired (1) $ - $ - $ 33 $ - $ - $ - $ - $ 33 Loans receivable: Ending Balance $ 94,426 $ 9,217 $ 129,052 $ 22,737 $ 298,057 $ 213,120 $ 44,342 $ 810,951 Ending Balance: Individually evaluated for impairment $ 143 $ - $ 3,263 $ - $ 1,073 $ 7,332 $ 198 $ 12,009 Collectively evaluated for impairment $ 94,117 $ 9,217 $ 125,573 $ 22,737 $ 295,590 $ 205,788 $ 44,144 $ 797,166 Purchased Credit Impaired (1) $ 166 $ - $ 216 $ - $ 1,394 $ - $ - $ 1,776 (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: Multi- Real Estate: Construction Real Estate: 1-4 Family 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 December 31, 201 6 2015, Credit Quality Indicators December 31, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 92,951 $ 932 $ 300 $ 243 $ 94,426 Farmland 9,217 - - - 9,217 1-4 family residential 118,891 4,782 2,658 2,721 129,052 Multi-family residential 22,685 - 52 - 22,737 Nonfarm nonresidential 280,398 14,531 1,927 1,201 298,057 Commercial 186,197 16,783 7,377 2,763 213,120 Consumer 43,414 505 225 198 44,342 Total $ 753,753 $ 37,533 $ 12,539 $ 7,126 $ 810,951 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 may ● Doubtful loans have specific weaknesses that are severe enough to make collection or liquidation in full highly questionable and improbable. As of December 31, 2016 and 2015, 90 $168,000 $0, December 31, 2016 2015, $7.1 $8.0 90 The following table reflects certain information with respect to the loan portfolio delinquencies by loan class and amount as of December 31, 201 6 2015. 90 Aged Analysis of Past Due Loans Receivable December 31, 2016 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Receivable Recorded Investment Over 90 Days Past Due and Still Accruing Real Estate Loans: Construction and land $ 465 $ - $ 106 $ 571 $ 93,855 $ 94,426 $ - Farmland - - - - 9,217 9,217 - 1-4 family residential 989 579 963 2,531 126,521 129,052 117 Multi-family residential - - - - 22,737 22,737 - Nonfarm nonresidential 1,370 173 532 2,075 295,982 298,057 - Commercial 45 372 262 679 212,441 213,120 51 Consumer 66 - 149 215 44,127 44,342 - Total $ 2,935 $ 1,124 $ 2,012 $ 6,071 $ 804,880 $ 810,951 $ 168 December 31, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Receivable Recorded Investment Over 90 Days Past Due 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 $ - Loan Receivables on Nonaccrual Status December 31, 2016 2015 (Dollars in thousands) Real Estate Loans: Construction and land $ 243 $ 1,738 Farmland - - 1-4 family residential 2,721 3,205 Multi-family residential - 229 Nonfarm nonresidential 1,201 1,806 Commercial 2,763 979 Consumer 198 - Total $ 7,126 $ 7,957 The following is a summary of information pertaining to impaired loans as of December 31, 201 6 2015. $464,000 $386,000 December 31, 2016 2015, December 31, 2016 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ - $ - $ - $ 655 Farmland - - - - 1-4 family residential 440 470 252 372 Multi-family residential - - - - Nonfarm nonresidential 368 368 98 31 Other Loans: Commercial 695 709 501 1,252 Consumer 36 36 36 12 Total $ 1,539 $ 1,583 $ 887 $ 2,322 With no allowance recorded: Real Estate Loans: Construction and land $ 143 $ 152 $ - $ 124 Farmland - - - - 1-4 family residential 2,823 3,276 - 3,296 Multi-family residential - - - - Nonfarm nonresidential 705 729 - 3,730 Other Loans: Commercial 6,637 7,826 - 3,680 Consumer 162 162 - 43 Total $ 10,470 $ 12,145 $ - $ 10,873 Total Impaired Loans: Real Estate Loans: Construction and land $ 143 $ 152 $ - $ 779 Farmland - - - - 1-4 family residential 3,263 3,746 252 3,668 Multi-family residential - - - - Nonfarm nonresidential 1,073 1,097 98 3,761 Other Loans: Commercial 7,332 8,535 501 4,932 Consumer 198 198 36 55 Total $ 12,009 $ 13,728 $ 887 $ 13,195 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 - - - - Total $ 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 Total $ 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 Total $ 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 December 31, 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 (1,181 ) Charge-offs (352 ) Transfer to other real estate (325 ) Carrying amount - December 31, 2016 $ 1,776 Total loans acquired in the AGFC merger included $142.8 accounted for under ASC 310 30 $138.1 December 31, 2016 2015, $65.9 $93.1 $2.4 $3.2 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 December 31, 2016 2015, 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 troubled debt restructurings as of December 31, 2016 2015. Modifications as of December 31, 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 3 $ 870 $ 608 Other Loans: Commercial 6 6,880 5,323 Total 9 $ 7,750 $ 5,931 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 11 $ 8,447 $ 5,865 The Bank had $54 ,000 December 31, 2015 none December 31, 2016.

Note 8 - Premises and Equipment

Note 8 - Premises and Equipment -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 8 – Premises and Equipment – Bank premises and equipment at December 31, 201 6 2015 2016 2015 (Dollars in thousands) Land $ 2,098 $ 2,126 Buildings and Leasehold Improvements 6,875 6,446 Furniture and Equipment 6,007 5,128 Total Bank Premises and Equipment 14,980 13,700 Less: Accumulated Depreciation (5,699 ) (4,466 ) Total Bank Premises and Equipment, net $ 9,281 $ 9,234 The provision for depreciation and amortization charged to operating expenses was $1.3 $1.2 $810,000 December 31, 2016, 2015 2014,

Note 9 - Goodwill and Other Int

Note 9 - Goodwill and Other Intangible Assets -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 9 – Goodwill was acquired during the year ended December 31, 2015 March 31, 2015. December 31, 2016 2015 $6.8 $3.4 As of December 31, 2015, 53,094 December 31, 2015, one December 31, 2016. Core deposit intangibles were acquired in conjunction with the AGFC merger. A summary of the core deposit intangible asset as of December 31, 2016 2015 2016 2015 (Dollars in thousands) (Dollars in thousands) Gross Carrying Amount 2,762 2,762 Less: Accumulated Amortization (483 ) (207 ) Net Carrying Amount $ 2,279 $ 2,555 Amortization expense on the core deposit intangible asset recorded in other expenses totaled approximately $276 ,000 $207,000 December 31, 2016 2015, December 31, (Dollars in thousands) 2017 $ 276 2018 276 2019 276 2020 276 2021 276 Thereafter 899 Total Core Deposit Intangible $ 2,279

Note 10 - Deposits -

Note 10 - Deposits -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 10 – Deposits – Deposit accounts at December 31, 201 6 2015 2016 2015 (Dollars in thousands) Noninterest Bearing - DDA $ 16,950 $ 44,024 Noninterest Bearing - Money Market Account 206,755 178,464 Noninterest Bearing Deposits 223,705 222,488 Interest Bearing - DDA 31,457 26,928 NOW and Super NOW Accounts 17,051 15,405 Money Market Accounts 287,189 329,955 Savings Accounts 35,181 36,137 Certificates of Deposit Over $250,000 73,346 52,418 Other Certificates of Deposit 264,866 220,905 Interest Bearing Deposits 709,090 681,748 Total Deposits $ 932,795 $ 904,236 Approxim ately 70.7% December 31, 2016 2017 29.3% 2018 At December 31, 2016 2015, three $114.2 $126.3 12.3% 14.0% $102.8 $74.6 December 31, 2016 2015, $27.2 $20.8 December 31, 2016 2015, $113.5 $146.4 December 31, 2016 2015,

Note 11 - Borrowings -

Note 11 - Borrowings -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 1 1 – Borrowings – The Bank had outstanding advances from the Federal Home Loan Bank ( FHLB) of $46.4 $47.7 December 31, 2016 2015, Three fixed rate loans totaling $ 30.0 December 31, 2016 and 2015, 2.92 3.07 November 2017 2008. One fixed rate loan of $1.4 and $2.7 December 31, 2016 2015, 3.18 December 2017 . One fixed rate loan of $ 15.0 December 31, 201 6 2015, 1.90 December 2018 2013. These advances are collateralized by the Bank ’s investment in Federal Home Loan Bank stock and a blanket lien on qualifying loans in the Bank’s loan portfolio consisting of performing 1 4 $321.1 December 31, 2016 $193.7 As a result of the merger with AGFC, the Bank assumed the outstanding FHLB advances of American Gateway Bank. These advances were recorded at fair value as of acquisition, which totaled $41.2 $2.0 totaled $670,000 $1.4 December 31, 2016 2015, The Bank has outstanding lines of credit with several of its correspondent banks available to assist in the management of short-term liquidity. These agreements provide for interest based upon the federal funds rate on the outstanding balance. Total available lines of credit as of December 31, 201 6 2015 $109.5 $83.7 no December 31, 2016 2015. First Tennessee Bank National Association (FTN) allowed the Company to borrow on a revolving basis up to $3.0 September 3, 2015, ’s common stock from certain of its shareholders and for general corporate purposes. This line of credit was paid off on September 12, 2016. December 31, 2015 $3.0 3 2.5%. 2.93% December 31, 2015, On September 12, 2016 $3.0 September 12, 2026. nine $300 ,000 September 12, 2017 one $303,000 September 12, 2026. December 31, 2016, $3.0 3.75% December 31, 2016. First National Bankers Bank (FNBB) also allows the Company to borrow on a revolving basis up to $5.0 September 12, 2016, December 31, 2016, $862,000. 3.75% December 31, 2016. one

Note 12 - Securities Sold Under

Note 12 - Securities Sold Under Agreements to Repurchase -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]	Note 12 – Securities Sold Under Agreements to Repurchase – At December 31, 2016 and 2015, one 2.0% 3.5% 2027 2036. $2.7 $2.4 December 31, 2016 2015,

Note 13 - Income Taxes -

Note 13 - Income Taxes -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 1 3 – Income Taxes – The consolidated provision (credit) for income taxes consists of the following at December 31, 201 6, 2015 2014: 2016 2015 2014 (Dollars in thousands) Provision (Credit) for Current Taxes - Federal $ 660 $ 1,599 $ 2,128 Provision (Credit) for Deferred Taxes 953 (74 ) (764 ) Total Provision for Income Taxes $ 1,613 $ 1,525 $ 1,364 The provision (credit) for federal income taxes differs from the amount computed by applying federal statutory rates to income from operations as indicated in the following analysis at December 31, 201 6, 2015 2014: 2016 2015 2014 (Dollars in thousands) Federal Statutory Income Tax at 34% $ 2,286 $ 1,911 $ 1,835 Tax Exempt Income (708 ) (559 ) (707 ) Other - Net 35 173 236 Total Provision for Income Taxes $ 1,613 $ 1,525 $ 1,364 D eferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The net deferred tax asset at December 31, 201 6 2015 2016 2015 (Dollars in thousands) Allowance for Loan Losses $ 2,775 $ 2,463 Acquried Loans Fair Market Value Adjustment 2,168 2,631 Acquired Securities Difference in Basis (744 ) (826 ) Amortization of Start-Up Costs 55 69 Stock Warrants and Options 1,217 1,063 Depreciation (799 ) (804 ) Interest on Acquired Nonaccrual Loans 42 47 Unrealized (Gain) Loss on Securities 1,201 406 Other Real Estate 110 147 Core Deposit Intangible (775 ) (869 ) Acquired FHLB Debt Fair Market Value Adjustment 228 476 Deferred Compensation 723 907 Alternative Minimum Tax Credit 345 984 Net Operating Loss Carryforward 78 88 Net Deferred Tax Asset $ 6,624 $ 6,782 The Company acquired certain deferred tax attributes and liabilities as a result of its merger with AGFC, including a net operating loss (“NOL”) carryforward of $287,000 $984,000. may against current taxable income each year. As of December 31, 2016 $230,000 2033 $345,000 December 31, 2016

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 1 4 – Accumulated Other Comprehensive Income (Loss) – The following is a summary of the changes in the balances of each component of accumulated other comprehensive income (loss) for the years ended December 31, 201 6 2015: 2016 2015 (Dollars in thousands) Unrealized Gains (Losses) on Securities Available for Sale: Balance at Beginning of Year $ (789 ) $ (643 ) Other Comprehensive Income (Loss) Before Reclassifications - Net of Tax (1,694 ) (136 ) Reclassification Adjustment for Gains (Losses) Realized - Net of Tax 153 (10 ) Other Comprehensive Income (Loss) (1,541 ) (146 ) Balance at End of Year $ (2,330 ) $ (789 )

Note 15 - Stockholders' Equity

Note 15 - Stockholders' Equity and Regulatory Matters -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 1 5 – Stockholders’ Equity and Regulatory Matters – Stockholders ’ Equity of the Company includes the undistributed earnings of the Bank. The Company pays dividends from its assets, which are provided primarily by dividends from the Bank. Certain restrictions exist regarding the ability of the Bank to pay cash distributions. Louisiana statutes require approval to pay distributions in excess of a bank’s earnings in the current year plus retained net profits for the preceding year. The Company paid common stock dividends of $ 0.05 second, third, fourth 2016 first, second, third 2016, no December 31, 2015. The Company and the Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum regulatory capital requirements can initiate certain mandatory, and possible additional discretionary actions by regulators, that if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines involving quantitative measures of assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification under the prompt corrective action guidelines are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios. As detaile d below, as of December 31, 2016 2015, As of December 31, 201 6 2015, The following is a summary of the Bank ’s actual capital amounts and ratios at December 31, 2016 2015 December 31, 2016 2015: To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2016: Total Capital (to Risk-Weighted Assets) $ 117,909 11.89 % $ 79,324 8.00 % $ 99,155 10.00 % Tier I Capital (to Risk-Weighted Assets) $ 109,747 11.07 % $ 59,493 6.00 % $ 79,324 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 109,747 11.07 % $ 44,620 4.50 % $ 64,451 6.50 % Tier I Leveraged Capital (to Average Assets) $ 109,747 9.91 % $ 44,311 4.00 % $ 55,389 5.00 % December 31, 2015: Total Capital (to Risk-Weighted Assets) $ 115,828 12.17 % $ 76,159 8.00 % $ 95,199 10.00 % Tier I Capital (to Risk-Weighted Assets) $ 108,584 11.41 % $ 57,120 6.00 % $ 76,159 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 108,584 11.41 % $ 42,840 4.50 % $ 61,879 6.50 % Tier I Leveraged Capital (to Average Assets) $ 108,584 10.17 % $ 42,703 4.00 % $ 53,379 5.00 %

Note 16 - Stock Based Compensat

Note 16 - Stock Based Compensation -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 1 6 – Stock Based Compensation – Stock Warrants In connection with the organization of the Company and the Bank, stock warrants were issued to organizers. The warrants may 101,000 $10 February 1, 2011 were to expire in 2016. February 1, 2016 February 2, 2019 , $48,000 At December 31, 2016 2015, 87,625 89,125 $ 10.00 December 31, 2016, 87,625 February 1, 2016 $10 409A 1986, February 2, 2019 Using the Black-Scholes pr icing model for the 87,625 $2.50 1%, 6.5 5.04%, 13.19%. Stock Options In 2006, he Company established a stock option plan with 1,500,000 ten 2006 December 22, 2016 During the years ended December 31, 201 6 2015, 50,000 42,800 $17.65 $17.11 December 31, 2016 2015, three $240,000 $198,000 2016 2015, The Company uses the Black-Scholes option pricing model to estimate the calculated value of the various share-based awards with the following assumptions for the years ended December 31, 201 6 2015, 2016 2015 Risk-Free Interest Rate 1.36 % 1.44 % Expected Dividend Yield 1.18 % 0.00 % Expected Volatility 31.68 % 29.39 % Expected Life in Years 5 5 Weighted Average Calculated Value of Options Granted $ 4.27 $ 4.87 The following is an analysis of the activity related to the stock options: Number of Weighted Average Options Exercise Price Outstanding Options, December 31, 2015 953,280 $ 12.59 Granted 50,000 17.65 Exercised - Forfeited or Expired (4,800 ) 17.11 Outstanding Options, December 31, 2016 998,480 $ 12.82 At December 31, 201 6, 562,548 $13.79 105,932 $492,000 four On December 20, 2016 330,000 December 22, 2016. $168 ,000 $10 409A 1986, January 15, 2020

Note 17 - Employee Benefit Plan

Note 17 - Employee Benefit Plans -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	Note 1 7 – Employee Benefit Plans – Defined Contribution Plan The Bank has a defined contribution plan qualified under Internal Revenue Code 401(K) the eligibility requirements. Contributions may 4% $467,000, $351,000 $274,000 December 31, 2016, 2015 2014, Deferred Compensation T he Company has established certain unfunded nonqualified deferred compensation agreements for the purpose of providing deferred compensation as retirement benefits for a select group of management. At December 31, 2016 2015, $2.0 $2.4 December 31, 2016, $339,000 $336,000 $300,000 December 31, 2015 2014,

Note 18 - Other Expenses -

Note 18 - Other Expenses -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Other Income and Other Expense Disclosure [Text Block]	Note 1 8 – Other Expenses – An analysis of Other Expenses is as follows for t he years ended December 31, 2016, 2015 2014: 2016 2015 2014 (Dollars in thousands) Business Development $ 1,253 $ 805 $ 526 Communications 872 469 286 Ad Valorem Shares Tax 650 669 540 Data Processing Fees 1,528 1,141 699 Directors Fees 337 325 366 Insurance 301 284 168 Legal and Professional Fees 1,806 1,980 1,193 Office Supplies and Printing 455 437 147 Regulatory Assessments 847 880 425 Taxes and Licenses 24 10 21 Nonrecurring Merger and Conversion Costs 8 1,149 - Other 2,943 2,274 1,119 Total Other Expenses $ 11,024 $ 10,423 $ 5,490

Note 19 - Financial Instruments

Note 19 - Financial Instruments With Off-balance-sheet Risk -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Financial Instruments with Off-Balance Sheet Risk [Text Block]	Note 1 9 – Financial Instruments with Off-Balance-Sheet Risk – In the normal course of business, the Bank is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby and commercial letters of credit which are not included in the accompanying financial statements. These instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet. The Bank ’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby and commercial letters of credit is represented by the contractual amount of those instruments. The Bank’s policy for obtaining collateral, and the nature of such collateral, is essentially the same as that involved in making commitments to extend credit. The Bank uses the same credit policies in making such commitments and conditional obligations as it does for instruments that are included in the balance sheet. In the normal course of business, the Bank has made commitments to extend credit of approximately $196.2 $12.5 December 31, 2016.

Note 20 - Concentrations of Cre

Note 20 - Concentrations of Credit -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	Note 20 – Concentrations of Credit – The majority of the Bank ’s business activities are with customers in the Bank’s market area, which consists primarily of East and West Baton Rouge, Bossier, Caddo, St. Tammany, Lafayette, Calcasieu, Terrebonne, Jefferson and adjacent parishes. The majority of such customers are depositors of the Bank. The concentrations of credit by type of loan are shown in Note 7. Within the loan portfolio, the Bank has a concentration of credits secured by real estate. The Bank had extended credit secured by non-farm non-residential real estate totaling approximately $298.1 $312.2 36.8% 40.4% December 31, 2016 2015, $94.4 $97.9 11.6% 12.7% December 31, 2016 2015, The Bank maintains amounts on deposit and federal funds sold with correspondent banks which may

Note 21 - Commitments -

Note 21 - Commitments -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Commitments Disclosure [Text Block]	Note 21 – Commitments – Leases The Bank leases certain branch offices through non-cancelable operating leases with terms that range from four ten $1.5 $1.4 $1.2 December 31, 2016, 2015 2014, Future minimum lease payments under these leases are as follows: December 31, (Dollars in thousands) 2017 $ 1,591 2018 1,459 2019 1,322 2020 961 2021 and Thereafter 5,969 Total Future Minimum Lease Payments $ 11,302 SBIC Capital Commitment The SBIC is a program initiated by the Small Business Administration (SBA) in 1958 first , with the remaining requirement being funded by the SBA. The funds are then lent to small business borrowers. The Bank has agreed to participate as an investor with McLarty Capital Partners SBIC, L.P. (McLarty) and Bluehenge Capital Secured Debt SBIC, L.P. (Bluehenge); details of these commitments at December 31, 201 6 McLarty Bluehenge (Dollars in thousands) Total Capital Commitment $ 2,000 $ 1,500 Capital Called $ 1,670 $ 412 Remaining Unfunded Capital Commitment $ 330 $ 1,088 Federal Home Loan Bank Letters of Credit The Bank had outstanding letters of credit on behalf of others from the FHLB of $81.0 $76.0 December 31, 2016 2015, December 31, 2016 One letter of credit of $11.0 March 2017 . One letter of credit of $5.0 May 2017 . One letter of credit of $40.0 June 2017. One letter of credit of $25.0 June 2017.

Note 22 - Related Party Transac

Note 22 - Related Party Transactions -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 2 2 – Related Party Transactions – In the ordinary course of business, the Bank has granted loans to directors, officers and their affiliates. Such loans were made on substantially the same terms as those prevailing at the time for comparable transactions with other customers. Such loans amounted to $15.1 $22.0 December 31, 2016 2015, The activity in loans to directors, officers and their affiliates is as follows: 2016 2015 (Dollars in thousands) Balance - Beginning of Year $ 22,004 $ 28,664 New Loans 6,570 5,602 Repayments (13,435 ) (12,262 ) Balance - End of Year $ 15,139 $ 22,004 Related party deposits totaled $13.7 $10.0 December 31, 2016 2015,

Note 23 - Fair Value of Financi

Note 23 - Fair Value of Financial Instruments -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 2 3 – Fair Value of Financial Instruments – Fair Value Disclosures The Company groups its financial assets and liabilities measured at fair value in three three ● 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 The following tables present the balance of assets and liabilities measured on a recurring basis as of December 31, 201 6 2015. not Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Available for Sale: U.S. Government Agency Securities $ 7,566 $ - $ 7,566 $ - Corporate Securities 11,127 - 11,127 - Mortgage-Backed Securities 99,372 - 99,372 - Municipal Securities 79,636 - 79,636 - Other Securities 641 - 641 - Total $ 198,342 $ - $ 198,342 $ - December 31, 2015 Available for Sale: U.S. Government Agency Securities $ 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 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 2. Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Assets: Impaired Loans $ 12,865 $ - $ 12,865 $ - Repossessed Assets 1,196 - 1,196 - Total $ 14,061 $ - $ 14,061 $ - 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 may 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 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 December 31, 2016 2015 Carrying Amount Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Financial Assets: Cash and Short-Term Investments $ 44,729 $ 44,729 $ 44,729 $ - $ - Securities 198,342 198,342 - 198,342 - Mortgage Loans Held for Sale 180 180 - 180 - Loans - Net 802,789 796,400 - - 796,400 Cash Value of BOLI 22,567 22,567 - 22,567 - Other Equity Securities 6,120 6,120 - - 6,120 Total $ 1,074,727 $ 1,068,338 $ 44,729 $ 221,089 $ 802,520 Financial Liabilities: Deposits $ 932,795 $ 912,702 $ - $ - $ 912,702 Borrowings 53,646 53,706 - 53,706 - Total $ 986,441 $ 966,408 $ - $ 53,706 $ 912,702 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 24 - Litigation and Contin

Note 24 - Litigation and Contingencies -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Contingencies Disclosure [Text Block]	Note 24 – Litigation and Contingencies – In the normal course of business, the Bank is involved in various legal proceedings. In the opinion of management and counsel, the disposition or ultimate resolution of such proceedings would not have a material adverse effect on the Bank ’s financial statements.

Note 25 - Subsequent Events -

Note 25 - Subsequent Events -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	Note 2 5 – Subsequent Events – The Company evaluated subsequent events and transactions for potential recognition or disclosure in the financial statements through the date which the financial statements were available to be issued. This evaluation did not result in any subsequent events that required disclosures and /or adjustments under general accounting standards.

Note 26 - Financial Statements

Note 26 - Financial Statements - Parent Company Only -	12 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 26 – Financial Statements – Parent Company Only – The balance sheets and statements of income for Business First Bancshares, Inc. (Parent Company) are as follows: BALANCE SHEETS AS OF DECEMBER 31, 2016 2015 (Dollars in thousands) 2016 2015 Assets: Cash $ 54 $ 359 Investment in Subsidiaries 116,031 113,265 Other Assets 2,354 1,906 Total Assets $ 118,439 $ 115,530 Liabilities: Short Term Borrowings $ 862 $ 3,000 Accrued Interest Payable 6 21 Long Term Borrowings 3,000 - Other Liabilities 1,012 60 Total Liabilities 4,880 3,081 Stockholders' Equity: Common Stock 6,917 7,036 Additional Paid-in Capital 85,133 85,913 Retained Earnings 21,509 19,500 Total Stockholders' Equity 113,559 112,449 Total Liabilities and Stockholders' Equity $ 118,439 $ 115,530 STATEMENTS OF INCOME FOR THE YEARS ENDED DECEMBER 31, 2016, 2015 2014 (Dollars in thousands) 2016 2015 2014 Income: Interest $ - $ 1 $ 4 Expenses: Other Operating Expenses 1,464 1,437 1,095 Income (Loss) before Income Taxes and Equity in Undistributed Net Income of Subsidiaries (1,464 ) (1,436 ) (1,091 ) Income Tax Expense (Benefit) (498 ) (474 ) (371 ) Income (Loss) before Equity in Undistributed Net Income of Subsidiaries (966 ) (962 ) (720 ) Equity in Undistributed Net Income of Subsidiaries 6,077 5,058 4,753 Net Income $ 5,111 $ 4,096 $ 4,033

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of Business First Bancshares, Inc. and its wholly-owned subsidiary, Business First Bank (the Bank), and the Bank ’s wholly-owned subsidiaries, Business First Insurance, LLC and American Gateway Insurance Agency, LLC (collectively, the Company). All significant intercompany balances and transactions have been eliminated.
Nature of Operations [Policy Text Block]	Nature of Operations The Bank operates in sixteen one one agencies. The Company is also regulated by the Federal Reserve and is subject to periodic examinations.
Use of Estimates, Policy [Policy Text Block]	Estimates 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 may may The Bank ’s loans are generally secured by specific items of collateral including real property, business assets, and consumer assets. Although the Bank has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent on local economic conditions in the Bank’s market area. While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may may may
Business Combinations Policy [Policy Text Block]	Acquisition Accounting Acquisitions are accounted for under the purchase method of accounting. Purchased assets and assumed liabilities are recorded at their respective acquisition date fair values, and identifiable intangible assets are recorded at fair value. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. Fair values are subject to refinement for up to one
Investment, Policy [Policy Text Block]	Securities Management determines the appropriate classification of debt securities (held to maturity, available for sale or trading) at the time of purchase and re-evaluates this classification periodically. Securities classified as available for sale are those debt securities the Bank intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of the Bank ’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are recorded at fair value. Unrealized gains or losses are reported as a component of comprehensive income. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Securities classified as held to maturity are those debt securities the Bank has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs or changes in general economic conditions. These securities are recorded at cost adjusted for amortization of premium and accretion of discount, computed by various methods approximating the interest method over their contractual lives. The Bank has no securities classified as held to maturity at December 31, 201 6 2015. Securities classified as trading are those securities held for resale in anticipation of short-term market movements. These securities are recorded at market value with any market adjustments included in earnings. The Bank has no securities classified as trading at December 31, 201 6 2015. The Bank has invested in Federal Home Loan Bank (FHLB) stock which is reflected at cost in these financial statements. As a member of the FHLB System, the Bank is required to purchase and maintain stock in an amount determined by the FHLB. The FHLB stock is redeemable at par value at the discretion of the FHLB.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Loans are stated at principal amounts outstanding less the allowance for loan losses. Interest on commercial and individual loans is accrued daily based on the principal outstanding. Generally, the Bank discontinues the accrual of interest income when a loan becomes 90 The Bank classifies loans as impaired when it is probable the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. The measurement of impaired loans is based on the present value of the expected future cash flows discounted at the loan ’s effective interest rate or the loan’s observable market price, or based on the fair value of the collateral if the loan is collateral dependent.
Certain Loans and Debt Securities Acquired in Transfer, Recognizing Interest Income on Impaired Loans, Policy [Policy Text Block]	Acquired Loans Purchased loans acquired in a business combination are recorded at their estimated fair value as of the acquisition date and there is no carryover of the seller ’s allowance for loan losses. The Company accounts for acquired impaired loans in accordance with ASC 310 30, Loans and Debt Securities Acquired with Deteriorated Credit Quality (“ASC 310 30”). The performing loans are accounted for under ASC 310 20, Nonrefundable Fees and Other Costs (“ASC 310 20”)
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is maintained at a level which, in management ’s judgment, is adequate to absorb credit losses inherent in the loan portfolio. The allowance for loan losses is based upon management’s review and evaluation of the loan portfolio. Factors considered in the establishment of the allowance for loan losses include management’s evaluation of specific loans; the level and composition of classified loans; historical loss experience; results of examinations by regulatory agencies; an internal asset review process; expectations of future economic conditions and their impact on particular borrowers; and other judgmental factors. Allowances for impaired loans are generally determined based on collateral values or the present value of estimated cash flows. Management obtains independent appraisals for significant collateral in determining collateral values. Although management uses available information to recognize losses on loans, because of uncertainties associated with local economic conditions, collateral values, and future cash flows on impaired loans, it is reasonably possible that a material change could occur in the allowance for loan losses in the near term. However, the amount of the change that is reasonably possible cannot be estimated. 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 allowance for loan losses is based on estimates of potential future losses, and ultimate losses may
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is provided at rates based upon estimated useful service lives using the straight-line method for financial reporting and accelerated methods for tax reporting purposes. The costs of assets retired or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts in the year of disposal and the resulting gains or losses are included in current operations. Expenditures for maintenance and repairs are charged to operations as incurred. Costs of major additions and improvements are capitalized.
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Other Real Estate Owned Real estate properties acquired through or in lieu of loan foreclosure or negotiated settlement are initially recorded at the fair value less estimated selling cost at the date of acquisition. Any write-downs based on the asset’s fair value at the date of acquisition are charged to the allowance for loan losses. After foreclosure, valuations are periodically performed by management and property held for sale is carried at the lower of the new cost basis or fair value less cost to sell. Impairment losses on property to be held and used are measured as the amount by which the carrying amount of a property exceeds its fair value. Costs of significant property improvements are capitalized, whereas costs relating to holding property are expensed. Valuations are periodically performed by management, and any subsequent write-downs are recorded as a charge to operations, if necessary, to reduce the carrying value of a property to the lower of its cost or fair value less cost to sell. The carrying amount of residential real estate included in other real estate owned was $660,000 December 31, 2015; December 31, 2016.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Intangible Assets Goodwill represents the excess of the purchase price over the fair value of the net identifiable assets acquired in a business combination. Goodwill and other intangible assets deemed to have an indefinite useful life are not amortized but instead are subject to review for impairment annually, or more frequently if deemed necessary. Intangible assets with estimable useful lives are amortized over their respective estimated useful lives and reviewed for impairment. If impaired, the asset is written down to its estimated fair value. Core deposit intangibles representing the value of the acquired core deposit base are generally recorded in connection with business combinations involving banks and branch locations. The Company ’s policy is to amortize core deposit intangibles on a straight line basis over their estimated useful life of 10 may
Income Tax, Policy [Policy Text Block]	Income Taxes The provision for income taxes is based on amounts reported in the statement of income after exclusion of nontaxable income such as interest on state and municipal securities. Also, certain items of income and expense are recognized in different time periods for financial statement purposes than for income tax purposes. Thus, provisions for deferred taxes are recorded in recognition of such temporary differences. Deferred taxes are provided utilizing a liability method whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the reported amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company files a consolidated federal income tax return. Consolidated income tax expense is allocated on the basis of each entity ’s income adjusted for permanent differences. The Company evaluates all significant tax positions as required by accounting principles generally accepted in the United States of America. As of December 31, 201 6, The Company files income tax returns in the U.S. federal jurisdiction and the state of Louisiana. With few exceptions, the Company is no longer subject to federal and state income tax examinations by tax authorities for years before 2013.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Based Compensation As described in Note 16,
Cash and Cash Equivalents, Policy [Policy Text Block]	Statements of Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash on hand and deposits in other financial institutions.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income. The components of comprehensive income are disclosed on the Consolidated Statements of Comprehensive Income for all periods presented.
Advertising Cost, Policy, Expensed Advertising Cost [Policy Text Block]	Advertising The Company expenses all costs of advertising and promotion the first promotion takes place. For the years ended December 31, 2016, 2015 2014, $849,000, $437,000 $190,000,
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In September 2015, the FASB issued ASU No. 2015 16, Business Combinations (Topic 805), December 15, 2015, first In January 2016, 2016 16, Financial Instruments - Overall (Subtopic 825 10), may 2016 16 December 15, 2017, In February 2016, 2016 02, Leases (Topic 842), December 15, 2018. In March 2016, 2016 09, Compensation - Stock Compensation (Topic 718), December 15, 2016, In June 2016, 2016 13, Financial Instruments – Credit Losses (Topic 326), may December 31, 2019. first

Note 3 - Mergers and Acquisit36

Note 3 - Mergers and Acquisitions - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	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 Liablilites 330,488 Net Assets Acquired 41,033 Goodwill Resulting from Merger $ 6,824

Note 4 - Earnings Per Common 37

Note 4 - Earnings Per Common Share - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Years Ended December 31, 2016 2015 2014 (Dollars in thousands, except per share data) Numerator: Net Income Available to Common Shares $ 5,111 $ 4,096 $ 4,033 Denominator: Weighted Average Common Shares Outstanding 7,033,476 6,694,075 5,314,925 Dilutive Effect of Stock Options and Warrants 281,607 288,981 293,600 Weighted Average Dilutive Common Shares 7,315,083 6,983,056 5,608,525 Basic Earnings Per Common Share From Net Income Available to Common Shares $ 0.73 $ 0.61 $ 0.76 Diluted Earnings Per Common Share From Net Income Available to Common Shares $ 0.70 $ 0.59 $ 0.72

Note 6 - Securities - (Tables)

Note 6 - Securities - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	December 31, 2016 (Dollars in thousands) Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agencies $ 7,580 $ 36 $ 50 $ 7,566 Corporate Securities 11,148 31 52 11,127 Mortgage-Backed Securities 101,766 20 2,414 99,372 Municipal Securities 80,559 210 1,133 79,636 Other Securities 820 - 179 641 Total Securities Available for Sale $ 201,873 $ 297 $ 3,828 $ 198,342 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 Total Securities Available for Sale $ 212,053 $ 956 $ 2,152 $ 210,857
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	December 31, 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 $ 4,535 $ 50 $ - $ - $ 4,535 $ 50 Corporate Securities 2,010 31 4,515 21 6,525 52 Mortgage-Backed Securities 86,091 1,974 9,885 440 95,976 2,414 Municipal Securities 54,533 1,128 207 5 54,740 1,133 Other Securities - - 641 179 641 179 Total Securities Available for Sale $ 147,169 $ 3,183 $ 15,248 $ 645 $ 162,417 $ 3,828 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 Total Securities Available for Sale $ 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 $ 7,346 $ 7,349 One to Five Years 48,592 48,334 Over Five to Ten Years 61,477 60,499 Over Ten Years 84,458 82,160 Total Securities Available for Sale $ 201,873 $ 198,342

Note 7 - Loans and the Allowa39

Note 7 - Loans and the Allowance for Loan Losses - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	December 31, 2016 2015 (Dollars in thousands) Real estate loans: Construction and land $ 94,426 $ 97,872 Farmland 9,217 8,897 1-4 family residential 129,052 112,954 Multi-family residential 22,737 26,058 Nonfarm nonresidential 298,057 312,207 Commercial 213,120 185,276 Consumer 44,342 29,128 Total loans held for investment 810,951 772,392 Less: Allowance for loan losses (8,162 ) (7,244 ) Net loans $ 802,789 $ 765,148
Allowance for Credit Losses on Financing Receivables [Table Text Block]	December 31, 2016 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Multi- Real Estate: Construction Real Estate: 1-4 Family 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 ) - (473 ) (667 ) (3 ) (1,789 ) Recoveries 10 - 140 - 1,258 33 46 1,487 Provision 807 45 229 71 113 55 (100 ) 1,220 Ending Balance $ 933 $ 75 $ 1,228 $ 172 $ 2,314 $ 3,039 $ 401 $ 8,162 Ending Balance: Individually evaluated for impairment $ - $ - $ 252 $ - $ 98 $ 501 $ 36 $ 887 Collectively evaluated for impairment $ 933 $ 75 $ 943 $ 172 $ 2,216 $ 2,538 $ 365 $ 7,242 Purchased Credit Impaired (1) $ - $ - $ 33 $ - $ - $ - $ - $ 33 Loans receivable: Ending Balance $ 94,426 $ 9,217 $ 129,052 $ 22,737 $ 298,057 $ 213,120 $ 44,342 $ 810,951 Ending Balance: Individually evaluated for impairment $ 143 $ - $ 3,263 $ - $ 1,073 $ 7,332 $ 198 $ 12,009 Collectively evaluated for impairment $ 94,117 $ 9,217 $ 125,573 $ 22,737 $ 295,590 $ 205,788 $ 44,144 $ 797,166 Purchased Credit Impaired (1) $ 166 $ - $ 216 $ - $ 1,394 $ - $ - $ 1,776 December 31, 2015 (Dollars in thousands) Real Estate: Real Estate: Real Estate: Multi- Real Estate: Construction Real Estate: 1-4 Family 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]	December 31, 2016 Pass Special Mention Substandard Doubtful Total (Dollars in thousands) Real Estate Loans: Construction and land $ 92,951 $ 932 $ 300 $ 243 $ 94,426 Farmland 9,217 - - - 9,217 1-4 family residential 118,891 4,782 2,658 2,721 129,052 Multi-family residential 22,685 - 52 - 22,737 Nonfarm nonresidential 280,398 14,531 1,927 1,201 298,057 Commercial 186,197 16,783 7,377 2,763 213,120 Consumer 43,414 505 225 198 44,342 Total $ 753,753 $ 37,533 $ 12,539 $ 7,126 $ 810,951 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]	December 31, 2016 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Receivable Recorded Investment Over 90 Days Past Due and Still Accruing Real Estate Loans: Construction and land $ 465 $ - $ 106 $ 571 $ 93,855 $ 94,426 $ - Farmland - - - - 9,217 9,217 - 1-4 family residential 989 579 963 2,531 126,521 129,052 117 Multi-family residential - - - - 22,737 22,737 - Nonfarm nonresidential 1,370 173 532 2,075 295,982 298,057 - Commercial 45 372 262 679 212,441 213,120 51 Consumer 66 - 149 215 44,127 44,342 - Total $ 2,935 $ 1,124 $ 2,012 $ 6,071 $ 804,880 $ 810,951 $ 168 December 31, 2015 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Loans Receivable Recorded Investment Over 90 Days Past Due 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 $ -
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	December 31, 2016 2015 (Dollars in thousands) Real Estate Loans: Construction and land $ 243 $ 1,738 Farmland - - 1-4 family residential 2,721 3,205 Multi-family residential - 229 Nonfarm nonresidential 1,201 1,806 Commercial 2,763 979 Consumer 198 - Total $ 7,126 $ 7,957
Impaired Financing Receivables [Table Text Block]	December 31, 2016 (Dollars in thousands) Unpaid Average Recorded Principal Related Recorded Investment Balance Allowance Investment With an allowance recorded: Real Estate Loans: Construction and land $ - $ - $ - $ 655 Farmland - - - - 1-4 family residential 440 470 252 372 Multi-family residential - - - - Nonfarm nonresidential 368 368 98 31 Other Loans: Commercial 695 709 501 1,252 Consumer 36 36 36 12 Total $ 1,539 $ 1,583 $ 887 $ 2,322 With no allowance recorded: Real Estate Loans: Construction and land $ 143 $ 152 $ - $ 124 Farmland - - - - 1-4 family residential 2,823 3,276 - 3,296 Multi-family residential - - - - Nonfarm nonresidential 705 729 - 3,730 Other Loans: Commercial 6,637 7,826 - 3,680 Consumer 162 162 - 43 Total $ 10,470 $ 12,145 $ - $ 10,873 Total Impaired Loans: Real Estate Loans: Construction and land $ 143 $ 152 $ - $ 779 Farmland - - - - 1-4 family residential 3,263 3,746 252 3,668 Multi-family residential - - - - Nonfarm nonresidential 1,073 1,097 98 3,761 Other Loans: Commercial 7,332 8,535 501 4,932 Consumer 198 198 36 55 Total $ 12,009 $ 13,728 $ 887 $ 13,195 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 - - - - Total $ 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 Total $ 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 Total $ 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 (1,181 ) Charge-offs (352 ) Transfer to other real estate (325 ) Carrying amount - December 31, 2016 $ 1,776
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Modifications as of December 31, 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 3 $ 870 $ 608 Other Loans: Commercial 6 6,880 5,323 Total 9 $ 7,750 $ 5,931 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 11 $ 8,447 $ 5,865

Note 8 - Premises and Equipme40

Note 8 - Premises and Equipment - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	2016 2015 (Dollars in thousands) Land $ 2,098 $ 2,126 Buildings and Leasehold Improvements 6,875 6,446 Furniture and Equipment 6,007 5,128 Total Bank Premises and Equipment 14,980 13,700 Less: Accumulated Depreciation (5,699 ) (4,466 ) Total Bank Premises and Equipment, net $ 9,281 $ 9,234

Note 9 - Goodwill and Other I41

Note 9 - Goodwill and Other Intangible Assets - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	2016 2015 (Dollars in thousands) (Dollars in thousands) Gross Carrying Amount 2,762 2,762 Less: Accumulated Amortization (483 ) (207 ) Net Carrying Amount $ 2,279 $ 2,555
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	December 31, (Dollars in thousands) 2017 $ 276 2018 276 2019 276 2020 276 2021 276 Thereafter 899 Total Core Deposit Intangible $ 2,279

Note 10 - Deposits - (Tables)

Note 10 - Deposits - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Summary of Deposits [Table Text Block]	2016 2015 (Dollars in thousands) Noninterest Bearing - DDA $ 16,950 $ 44,024 Noninterest Bearing - Money Market Account 206,755 178,464 Noninterest Bearing Deposits 223,705 222,488 Interest Bearing - DDA 31,457 26,928 NOW and Super NOW Accounts 17,051 15,405 Money Market Accounts 287,189 329,955 Savings Accounts 35,181 36,137 Certificates of Deposit Over $250,000 73,346 52,418 Other Certificates of Deposit 264,866 220,905 Interest Bearing Deposits 709,090 681,748 Total Deposits $ 932,795 $ 904,236

Note 13 - Income Taxes - (Table

Note 13 - Income Taxes - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2016 2015 2014 (Dollars in thousands) Provision (Credit) for Current Taxes - Federal $ 660 $ 1,599 $ 2,128 Provision (Credit) for Deferred Taxes 953 (74 ) (764 ) Total Provision for Income Taxes $ 1,613 $ 1,525 $ 1,364
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2016 2015 2014 (Dollars in thousands) Federal Statutory Income Tax at 34% $ 2,286 $ 1,911 $ 1,835 Tax Exempt Income (708 ) (559 ) (707 ) Other - Net 35 173 236 Total Provision for Income Taxes $ 1,613 $ 1,525 $ 1,364
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2016 2015 (Dollars in thousands) Allowance for Loan Losses $ 2,775 $ 2,463 Acquried Loans Fair Market Value Adjustment 2,168 2,631 Acquired Securities Difference in Basis (744 ) (826 ) Amortization of Start-Up Costs 55 69 Stock Warrants and Options 1,217 1,063 Depreciation (799 ) (804 ) Interest on Acquired Nonaccrual Loans 42 47 Unrealized (Gain) Loss on Securities 1,201 406 Other Real Estate 110 147 Core Deposit Intangible (775 ) (869 ) Acquired FHLB Debt Fair Market Value Adjustment 228 476 Deferred Compensation 723 907 Alternative Minimum Tax Credit 345 984 Net Operating Loss Carryforward 78 88 Net Deferred Tax Asset $ 6,624 $ 6,782

Note 14 - Accumulated Other C44

Note 14 - Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	2016 2015 (Dollars in thousands) Unrealized Gains (Losses) on Securities Available for Sale: Balance at Beginning of Year $ (789 ) $ (643 ) Other Comprehensive Income (Loss) Before Reclassifications - Net of Tax (1,694 ) (136 ) Reclassification Adjustment for Gains (Losses) Realized - Net of Tax 153 (10 ) Other Comprehensive Income (Loss) (1,541 ) (146 ) Balance at End of Year $ (2,330 ) $ (789 )

Note 15 - Stockholders' Equit45

Note 15 - Stockholders' Equity and Regulatory Matters - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	To Be Well Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2016: Total Capital (to Risk-Weighted Assets) $ 117,909 11.89 % $ 79,324 8.00 % $ 99,155 10.00 % Tier I Capital (to Risk-Weighted Assets) $ 109,747 11.07 % $ 59,493 6.00 % $ 79,324 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 109,747 11.07 % $ 44,620 4.50 % $ 64,451 6.50 % Tier I Leveraged Capital (to Average Assets) $ 109,747 9.91 % $ 44,311 4.00 % $ 55,389 5.00 % December 31, 2015: Total Capital (to Risk-Weighted Assets) $ 115,828 12.17 % $ 76,159 8.00 % $ 95,199 10.00 % Tier I Capital (to Risk-Weighted Assets) $ 108,584 11.41 % $ 57,120 6.00 % $ 76,159 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 108,584 11.41 % $ 42,840 4.50 % $ 61,879 6.50 % Tier I Leveraged Capital (to Average Assets) $ 108,584 10.17 % $ 42,703 4.00 % $ 53,379 5.00 %

Note 16 - Stock Based Compens46

Note 16 - Stock Based Compensation - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2016 2015 Risk-Free Interest Rate 1.36 % 1.44 % Expected Dividend Yield 1.18 % 0.00 % Expected Volatility 31.68 % 29.39 % Expected Life in Years 5 5 Weighted Average Calculated Value of Options Granted $ 4.27 $ 4.87
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of Weighted Average Options Exercise Price Outstanding Options, December 31, 2015 953,280 $ 12.59 Granted 50,000 17.65 Exercised - Forfeited or Expired (4,800 ) 17.11 Outstanding Options, December 31, 2016 998,480 $ 12.82

Note 18 - Other Expenses - (Tab

Note 18 - Other Expenses - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Other Operating Cost and Expense, by Component [Table Text Block]	2016 2015 2014 (Dollars in thousands) Business Development $ 1,253 $ 805 $ 526 Communications 872 469 286 Ad Valorem Shares Tax 650 669 540 Data Processing Fees 1,528 1,141 699 Directors Fees 337 325 366 Insurance 301 284 168 Legal and Professional Fees 1,806 1,980 1,193 Office Supplies and Printing 455 437 147 Regulatory Assessments 847 880 425 Taxes and Licenses 24 10 21 Nonrecurring Merger and Conversion Costs 8 1,149 - Other 2,943 2,274 1,119 Total Other Expenses $ 11,024 $ 10,423 $ 5,490

Note 21 - Commitments - (Tables

Note 21 - Commitments - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	December 31, (Dollars in thousands) 2017 $ 1,591 2018 1,459 2019 1,322 2020 961 2021 and Thereafter 5,969 Total Future Minimum Lease Payments $ 11,302
Other Commitments [Table Text Block]	McLarty Bluehenge (Dollars in thousands) Total Capital Commitment $ 2,000 $ 1,500 Capital Called $ 1,670 $ 412 Remaining Unfunded Capital Commitment $ 330 $ 1,088

Note 22 - Related Party Trans49

Note 22 - Related Party Transactions - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	2016 2015 (Dollars in thousands) Balance - Beginning of Year $ 22,004 $ 28,664 New Loans 6,570 5,602 Repayments (13,435 ) (12,262 ) Balance - End of Year $ 15,139 $ 22,004

Note 23 - Fair Value of Finan50

Note 23 - Fair Value of Financial Instruments - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Available for Sale: U.S. Government Agency Securities $ 7,566 $ - $ 7,566 $ - Corporate Securities 11,127 - 11,127 - Mortgage-Backed Securities 99,372 - 99,372 - Municipal Securities 79,636 - 79,636 - Other Securities 641 - 641 - Total $ 198,342 $ - $ 198,342 $ - December 31, 2015 Available for Sale: U.S. Government Agency Securities $ 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]	Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Assets: Impaired Loans $ 12,865 $ - $ 12,865 $ - Repossessed Assets 1,196 - 1,196 - Total $ 14,061 $ - $ 14,061 $ - 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]	Carrying Amount Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (Dollars in thousands) December 31, 2016 Financial Assets: Cash and Short-Term Investments $ 44,729 $ 44,729 $ 44,729 $ - $ - Securities 198,342 198,342 - 198,342 - Mortgage Loans Held for Sale 180 180 - 180 - Loans - Net 802,789 796,400 - - 796,400 Cash Value of BOLI 22,567 22,567 - 22,567 - Other Equity Securities 6,120 6,120 - - 6,120 Total $ 1,074,727 $ 1,068,338 $ 44,729 $ 221,089 $ 802,520 Financial Liabilities: Deposits $ 932,795 $ 912,702 $ - $ - $ 912,702 Borrowings 53,646 53,706 - 53,706 - Total $ 986,441 $ 966,408 $ - $ 53,706 $ 912,702 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 26 - Financial Statement51

Note 26 - Financial Statements - Parent Company Only - (Tables)	12 Months Ended
	Dec. 31, 2016
Notes Tables
Condensed Balance Sheet [Table Text Block]	2016 2015 Assets: Cash $ 54 $ 359 Investment in Subsidiaries 116,031 113,265 Other Assets 2,354 1,906 Total Assets $ 118,439 $ 115,530 Liabilities: Short Term Borrowings $ 862 $ 3,000 Accrued Interest Payable 6 21 Long Term Borrowings 3,000 - Other Liabilities 1,012 60 Total Liabilities 4,880 3,081 Stockholders' Equity: Common Stock 6,917 7,036 Additional Paid-in Capital 85,133 85,913 Retained Earnings 21,509 19,500 Total Stockholders' Equity 113,559 112,449 Total Liabilities and Stockholders' Equity $ 118,439 $ 115,530
Condensed Income Statement [Table Text Block]	2016 2015 2014 Income: Interest $ - $ 1 $ 4 Expenses: Other Operating Expenses 1,464 1,437 1,095 Income (Loss) before Income Taxes and Equity in Undistributed Net Income of Subsidiaries (1,464 ) (1,436 ) (1,091 ) Income Tax Expense (Benefit) (498 ) (474 ) (371 ) Income (Loss) before Equity in Undistributed Net Income of Subsidiaries (966 ) (962 ) (720 ) Equity in Undistributed Net Income of Subsidiaries 6,077 5,058 4,753 Net Income $ 5,111 $ 4,096 $ 4,033

Note 1 - Nature of Operations52

Note 1 - Nature of Operations - Summary of Significant Accounting Policies - (Details Textual)	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Number of Locations in Operation	16
Number of Loan Production Offices	1
Number of Wealth Solution Offices	1
Real Estate Acquired Through Foreclosure	$ 1,187,000	$ 2,033,000
Advertising Expense	849,000	437,000	$ 190,000
Held-to-maturity Securities	0	0
Trading Securities	0	$ 0
Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life		10 years
Residential Real Estate [Member]
Real Estate Acquired Through Foreclosure	$ 0	$ 660,000

Note 3 - Mergers and Acquisit53

Note 3 - Mergers and Acquisitions - (Details Textual)	Mar. 31, 2015
American Gateway Financial Corporation [Member]
Number of Branches	10

Note 3 - Mergers and Acquisit54

Note 3 - Mergers and Acquisitions - Cost of Acquisition and Allocation of Purchase Price (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2016USD ($)
Net Assets Acquired:
Goodwill Resulting from Merger	$ 3,376	$ 6,824
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
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 Liablilites	330,488
Net Assets Acquired	41,033
Goodwill Resulting from Merger	$ 6,824

Note 4 - Earnings Per Common 55

Note 4 - Earnings Per Common Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net Income Available to Common Shares	$ 5,111	$ 4,096	$ 4,033
Weighted Average Common Shares Outstanding (in shares)	7,033,476	6,694,075	5,314,925
Dilutive Effect of Stock Options and Warrants (in shares)	281,607	288,981	293,600
Weighted Average Dilutive Common Shares (in shares)	7,315,083	6,983,056	5,608,525
Basic Earnings Per Common Share From Net Income Available to Common Shares (in dollars per share)	$ 0.73	$ 0.61	$ 0.76
Diluted Earnings Per Common Share From Net Income Available to Common Shares (in dollars per share)	$ 0.70	$ 0.59	$ 0.72

Note 5 - Cash and Due From Ba56

Note 5 - Cash and Due From Bank - (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Reserve Requirements with Federal Reserve	$ 0	$ 0

Note 6 - Securities - (Details

Note 6 - Securities - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Available-for-sale Securities Pledged as Collateral	$ 86,000,000	$ 107,900,000
Available-for-sale Securities, Gross Realized Gains	260,000	3,000	$ 530,000
Available-for-sale Securities, Gross Realized Losses	28,000	18,000	$ 517,000
Other Equity Securities	6,120,000	5,350,000
The Independent Banker's Bank [Member]
Other Equity Securities	100,000	100,000
Mc Larty Capital Partners SBIC L.P [Member]
Other Equity Securities	1,600,000	1,300,000
Bluehenge Capital Secured Debt SBIC L.P [Member]
Other Equity Securities	348,000	254,000
Bankers Insurance LLC [Member]
Other Equity Securities	234,000	243,000
First National Bankers Bank [Member]
Other Equity Securities	252,000
Federal Home Loan Bank of Dallas [Member]
Other Equity Securities	$ 3,600,000	$ 3,500,000

Note 6 - Securities - Amortized

Note 6 - Securities - Amortized Cost and Fair Values of Securities Available-for-sale (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Amortized Cost	$ 201,873	$ 212,053
Gross Unrealized Gains	297	956
Gross Unrealized Losses	3,828	2,152
Securities Available for Sale, at Fair Values	198,342	210,857
Amortized Cost	201,873	212,053
US Government Agencies Debt Securities [Member]
Amortized Cost	7,580	13,656
Gross Unrealized Gains	36	43
Gross Unrealized Losses	50	32
Securities Available for Sale, at Fair Values	7,566	13,667
Amortized Cost	7,580	13,656
Corporate Debt Securities [Member]
Amortized Cost	11,148	11,177
Gross Unrealized Gains	31	0
Gross Unrealized Losses	52	105
Securities Available for Sale, at Fair Values	11,127	11,072
Amortized Cost	11,148	11,177
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	101,766	120,599
Gross Unrealized Gains	20	39
Gross Unrealized Losses	2,414	1,568
Securities Available for Sale, at Fair Values	99,372	119,070
Amortized Cost	101,766	120,599
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	80,559	65,679
Gross Unrealized Gains	210	874
Gross Unrealized Losses	1,133	112
Securities Available for Sale, at Fair Values	79,636	66,441
Amortized Cost	80,559	65,679
Other Debt Obligations [Member]
Amortized Cost	820	942
Gross Unrealized Gains	0	0
Gross Unrealized Losses	179	335
Securities Available for Sale, at Fair Values	641	607
Amortized Cost	$ 820	$ 942

Note 6 - Securities - Summary o

Note 6 - Securities - Summary of Securities with Gross Unrealized Losses and Fair Values (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Less Than 12 Months	$ 147,169	$ 125,279
Gross Unrealized Losses, Less Than 12 Months	3,183	1,209
Fair Value, 12 Months or Greater	15,248	26,491
Gross Unrealized Losses, 12 Months or Greater	645	943
Fair Value	162,417	151,770
Gross Unrealized Losses	3,828	2,152
US Government Agencies Debt Securities [Member]
Fair Value, Less Than 12 Months	4,535	8,840
Gross Unrealized Losses, Less Than 12 Months	50	32
Fair Value, 12 Months or Greater		0
Gross Unrealized Losses, 12 Months or Greater		0
Fair Value	4,535	8,840
Gross Unrealized Losses	50	32
Corporate Debt Securities [Member]
Fair Value, Less Than 12 Months	2,010	11,072
Gross Unrealized Losses, Less Than 12 Months	31	105
Fair Value, 12 Months or Greater	4,515
Gross Unrealized Losses, 12 Months or Greater	21
Fair Value	6,525	11,072
Gross Unrealized Losses	52	105
Collateralized Mortgage Backed Securities [Member]
Fair Value, Less Than 12 Months	86,091	91,384
Gross Unrealized Losses, Less Than 12 Months	1,974	1,029
Fair Value, 12 Months or Greater	9,885	23,386
Gross Unrealized Losses, 12 Months or Greater	440	539
Fair Value	95,976	114,770
Gross Unrealized Losses	2,414	1,568
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Less Than 12 Months	54,533	13,983
Gross Unrealized Losses, Less Than 12 Months	1,128	43
Fair Value, 12 Months or Greater	207	2,498
Gross Unrealized Losses, 12 Months or Greater	5	69
Fair Value	54,740	16,481
Gross Unrealized Losses	1,133	112
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	641	607
Gross Unrealized Losses, 12 Months or Greater	179	335
Fair Value	641	607
Gross Unrealized Losses	$ 179	$ 335

Note 6 - Securities - Summary60

Note 6 - Securities - Summary of Amortized Cost and Fair Values of Securities Available-for-sale by Contractual Maturity (Details) $ in Thousands	Dec. 31, 2016USD ($)
Less Than One Year, Amortized Cost	$ 7,346
Less Than One Year, Fair Value	7,349
One to Five Years, Amortized Cost	48,592
One to Five Years, Fair Value	48,334
Over Five to Ten Years, Amortized Cost	61,477
Over Five to Ten Years, Fair Value	60,499
Over Ten Years, Amortized Cost	84,458
Over Ten Years, Fair Value	82,160
Amortized Cost	201,873
Fair Value	$ 198,342

Note 7 - Loans and the Allowa61

Note 7 - Loans and the Allowance for Loan Losses - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Apr. 01, 2015
Loans and Leases Receivable, Deferred Income	$ 761,000	$ 740,000
Loans and Leases Receivable Reclassified from Overdraft	232,000	150,000
Loans Receivable, Unpaid Principal Balance	55,500,000	44,700,000
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	168,000	0
Financing Receivable, Recorded Investment, Nonaccrual Status	7,126,000	7,957,000
Impaired Financing Receivable, Interest Income, Accrual Method	464,000	386,000
Loans and Leases Receivable, Net of Deferred Income	810,951,000	772,392,000
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0	54,000
American Gateway Financial Corporation [Member] | Performing Financial Instruments [Member]
Loans and Leases Receivable, Deferred Income	2,400,000	3,200,000
Loans and Leases Receivable, Net of Deferred Income	$ 65,900,000	$ 93,100,000	$ 142,800,000
Loans Receivable, Fair Value Disclosure			$ 138,100,000

Note 7 - Loans and the Allowa62

Note 7 - Loans and the Allowance for Loan Losses - Summary of Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loans and Leases Receivable, Net of Deferred Income	$ 810,951	$ 772,392
Allowance for loan losses	(8,162)	(7,244)	$ (6,632)
Net loans	802,789	765,148
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans and Leases Receivable, Net of Deferred Income	94,426	97,872
Allowance for loan losses	(933)	(600)	(525)
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans and Leases Receivable, Net of Deferred Income	9,217	8,897
Allowance for loan losses	(75)	(30)	(19)
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Loans and Leases Receivable, Net of Deferred Income	298,057	312,207
Allowance for loan losses	(2,314)	(1,416)	(1,140)
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Loans and Leases Receivable, Net of Deferred Income	129,052	112,954
Allowance for loan losses	(1,228)	(1,021)	(775)
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Loans and Leases Receivable, Net of Deferred Income	22,737	26,058
Allowance for loan losses	(172)	(101)	(35)
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	213,120	185,276
Allowance for loan losses	(3,039)	(3,618)	(3,813)
Consumer Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income	44,342	29,128
Allowance for loan losses	$ (401)	$ (458)	$ (325)

Note 7 - Loans and the Allowa63

Note 7 - Loans and the Allowance for Loan Losses - Summary of Allowance for Credit Losses and Recorded Investment in Loans Receivable (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for credit losses, Beginning Balance		$ 7,244	$ 6,632
Allowance for credit losses, Charge-offs		(1,789)	(985)
Allowance for credit losses, Recoveries		1,487	397
Allowance for credit losses, Provision		1,220	1,200	$ 700
Allowance for credit losses, Ending Balance		8,162	7,244	6,632
Allowance for credit losses, Individually evaluated for impairment		887	1,108
Allowance for credit losses, Collectively evaluated for impairment		7,242	6,038
Allowance for credit losses, Purchased Credit Impaired	[1]	33	98
Loans receivable, Ending Balance		810,951	772,392
Loans receivable, Individually evaluated for impairment		12,009	11,796
Loans receivable, Collectively evaluated for impairment		797,166	756,962
Loans receivable, Purchased Credit Impaired	[1]	1,776	3,634
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Allowance for credit losses, Beginning Balance		600	525
Allowance for credit losses, Charge-offs		(484)	(102)
Allowance for credit losses, Recoveries		10	34
Allowance for credit losses, Provision		807	143
Allowance for credit losses, Ending Balance		933	600	525
Allowance for credit losses, Individually evaluated for impairment		0	504
Allowance for credit losses, Collectively evaluated for impairment		933	96
Allowance for credit losses, Purchased Credit Impaired	[1]	0	0
Loans receivable, Ending Balance		94,426	97,872
Loans receivable, Individually evaluated for impairment		143	1,732
Loans receivable, Collectively evaluated for impairment		94,117	96,046
Loans receivable, Purchased Credit Impaired	[1]	166	94
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Allowance for credit losses, Beginning Balance		30	19
Allowance for credit losses, Charge-offs		0	0
Allowance for credit losses, Recoveries		0	0
Allowance for credit losses, Provision		45	11
Allowance for credit losses, Ending Balance		75	30	19
Allowance for credit losses, Individually evaluated for impairment		0	0
Allowance for credit losses, Collectively evaluated for impairment		75	30
Allowance for credit losses, Purchased Credit Impaired	[1]	0	0
Loans receivable, Ending Balance		9,217	8,897
Loans receivable, Individually evaluated for impairment		0	0
Loans receivable, Collectively evaluated for impairment		9,217	8,897
Loans receivable, Purchased Credit Impaired	[1]	0	0
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Allowance for credit losses, Beginning Balance		1,416	1,140
Allowance for credit losses, Charge-offs		(473)	(44)
Allowance for credit losses, Recoveries		1,258	13
Allowance for credit losses, Provision		113	307
Allowance for credit losses, Ending Balance		2,314	1,416	1,140
Allowance for credit losses, Individually evaluated for impairment		98	0
Allowance for credit losses, Collectively evaluated for impairment		2,216	1,416
Allowance for credit losses, Purchased Credit Impaired	[1]	0	0
Loans receivable, Ending Balance		298,057	312,207
Loans receivable, Individually evaluated for impairment		1,073	4,172
Loans receivable, Collectively evaluated for impairment		295,590	305,234
Loans receivable, Purchased Credit Impaired	[1]	1,394	2,801
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Allowance for credit losses, Beginning Balance		1,021	775
Allowance for credit losses, Charge-offs		(162)	(144)
Allowance for credit losses, Recoveries		140	94
Allowance for credit losses, Provision		229	296
Allowance for credit losses, Ending Balance		1,228	1,021	775
Allowance for credit losses, Individually evaluated for impairment		252	129
Allowance for credit losses, Collectively evaluated for impairment		943	838
Allowance for credit losses, Purchased Credit Impaired	[1]	33	54
Loans receivable, Ending Balance		129,052	112,954
Loans receivable, Individually evaluated for impairment		3,263	3,666
Loans receivable, Collectively evaluated for impairment		125,573	108,778
Loans receivable, Purchased Credit Impaired	[1]	216	510
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Allowance for credit losses, Beginning Balance		101	35
Allowance for credit losses, Charge-offs		0	0
Allowance for credit losses, Recoveries		0	0
Allowance for credit losses, Provision		71	66
Allowance for credit losses, Ending Balance		172	101	35
Allowance for credit losses, Individually evaluated for impairment		0	0
Allowance for credit losses, Collectively evaluated for impairment		172	57
Allowance for credit losses, Purchased Credit Impaired	[1]	0	44
Loans receivable, Ending Balance		22,737	26,058
Loans receivable, Individually evaluated for impairment		0	0
Loans receivable, Collectively evaluated for impairment		22,737	25,829
Loans receivable, Purchased Credit Impaired	[1]	0	229
Commercial Portfolio Segment [Member]
Allowance for credit losses, Beginning Balance		3,618	3,813
Allowance for credit losses, Charge-offs		(667)	(695)
Allowance for credit losses, Recoveries		33	164
Allowance for credit losses, Provision		55	336
Allowance for credit losses, Ending Balance		3,039	3,618	3,813
Allowance for credit losses, Individually evaluated for impairment		501	475
Allowance for credit losses, Collectively evaluated for impairment		2,538	3,143
Allowance for credit losses, Purchased Credit Impaired	[1]	0	0
Loans receivable, Ending Balance		213,120	185,276
Loans receivable, Individually evaluated for impairment		7,332	2,226
Loans receivable, Collectively evaluated for impairment		205,788	183,050
Loans receivable, Purchased Credit Impaired	[1]	0	0
Consumer Portfolio Segment [Member]
Allowance for credit losses, Beginning Balance		458	325
Allowance for credit losses, Charge-offs		(3)	0
Allowance for credit losses, Recoveries		46	92
Allowance for credit losses, Provision		(100)	41
Allowance for credit losses, Ending Balance		401	458	$ 325
Allowance for credit losses, Individually evaluated for impairment		36
Allowance for credit losses, Collectively evaluated for impairment		365	458
Allowance for credit losses, Purchased Credit Impaired	[1]	0	0
Loans receivable, Ending Balance		44,342	29,128
Loans receivable, Individually evaluated for impairment		198	0
Loans receivable, Collectively evaluated for impairment		44,144	29,128
Loans receivable, Purchased Credit Impaired	[1]	$ 0	$ 0
[1]	Purchased credit impaired loans are evaluated for impairment on an individual basis.

Note 7 - Loans and the Allowa64

Note 7 - Loans and the Allowance for Loan Losses - Summary of Credit Quality Indicators, Disaggregated by Class of Loan (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Credit quality indicators	$ 810,951	$ 772,392
Pass [Member]
Credit quality indicators	753,753	700,180
Special Mention [Member]
Credit quality indicators	37,533	39,414
Substandard [Member]
Credit quality indicators	12,539	24,841
Doubtful [Member]
Credit quality indicators	7,126	7,957
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Credit quality indicators	94,426	97,872
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Pass [Member]
Credit quality indicators	92,951	93,740
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Special Mention [Member]
Credit quality indicators	932	1,300
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Substandard [Member]
Credit quality indicators	300	1,094
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Doubtful [Member]
Credit quality indicators	243	1,738
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Credit quality indicators	9,217	8,897
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Pass [Member]
Credit quality indicators	9,217	8,897
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Special Mention [Member]
Credit quality indicators
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Substandard [Member]
Credit quality indicators
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Doubtful [Member]
Credit quality indicators
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Credit quality indicators	298,057	312,207
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Pass [Member]
Credit quality indicators	280,398	281,503
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Special Mention [Member]
Credit quality indicators	14,531	12,727
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Substandard [Member]
Credit quality indicators	1,927	16,171
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Doubtful [Member]
Credit quality indicators	1,201	1,806
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Credit quality indicators	129,052	112,954
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Pass [Member]
Credit quality indicators	118,891	104,720
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Special Mention [Member]
Credit quality indicators	4,782	1,824
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Substandard [Member]
Credit quality indicators	2,658	3,205
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Doubtful [Member]
Credit quality indicators	2,721	3,205
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Credit quality indicators	22,737	26,058
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Pass [Member]
Credit quality indicators	22,685	24,884
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Special Mention [Member]
Credit quality indicators		945
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Substandard [Member]
Credit quality indicators	52
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Doubtful [Member]
Credit quality indicators		229
Commercial Portfolio Segment [Member]
Credit quality indicators	213,120	185,276
Commercial Portfolio Segment [Member] | Pass [Member]
Credit quality indicators	186,197	157,734
Commercial Portfolio Segment [Member] | Special Mention [Member]
Credit quality indicators	16,783	22,222
Commercial Portfolio Segment [Member] | Substandard [Member]
Credit quality indicators	7,377	4,341
Commercial Portfolio Segment [Member] | Doubtful [Member]
Credit quality indicators	2,763	979
Consumer Portfolio Segment [Member]
Credit quality indicators	44,342	29,128
Consumer Portfolio Segment [Member] | Pass [Member]
Credit quality indicators	43,414	28,702
Consumer Portfolio Segment [Member] | Special Mention [Member]
Credit quality indicators	505	396
Consumer Portfolio Segment [Member] | Substandard [Member]
Credit quality indicators	225	30
Consumer Portfolio Segment [Member] | Doubtful [Member]
Credit quality indicators	$ 198

Note 7 - Loans and the Allowa65

Note 7 - Loans and the Allowance for Loan Losses - Summary of Aged Analysis of Past Due Loans Receivable (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Past Due	$ 6,071,000	$ 3,664,000
Current	804,880,000	768,728,000
Credit quality indicators	810,951,000	772,392,000
Recorded Investment Over 90 Days Past Due and Still Accruing	168,000	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	2,935,000	1,552,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	1,124,000	333,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	2,012,000	1,779,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Past Due	571,000	394,000
Current	93,855,000	97,478,000
Credit quality indicators	94,426,000	97,872,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	465,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	0	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	106,000	384,000
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Past Due	0
Current	9,217,000	8,897,000
Credit quality indicators	9,217,000	8,897,000
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	0
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	0
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	0
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Past Due	2,075,000	1,672,000
Current	295,982,000	310,535,000
Credit quality indicators	298,057,000	312,207,000
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	1,370,000	1,185,000
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	173,000	178,000
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	532,000	309,000
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Past Due	2,531,000	1,507,000
Current	126,521,000	111,447,000
Credit quality indicators	129,052,000	112,954,000
Recorded Investment Over 90 Days Past Due and Still Accruing	117,000	0
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	989,000	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	579,000	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	963,000	1,086,000
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Past Due	0
Current	22,737,000	26,058,000
Credit quality indicators	22,737,000	26,058,000
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	0
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	0
Residential Portfolio Segment [Member] | Multi-family Residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	0
Commercial Portfolio Segment [Member]
Past Due	679,000	91,000
Current	212,441,000	185,185,000
Credit quality indicators	213,120,000	185,276,000
Recorded Investment Over 90 Days Past Due and Still Accruing	51,000	0
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	45,000	78,000
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	372,000	13,000
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	262,000
Consumer Portfolio Segment [Member]
Past Due	215,000
Current	44,127,000	29,128,000
Credit quality indicators	44,342,000	29,128,000
Recorded Investment Over 90 Days Past Due and Still Accruing	0	0
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past Due	66,000
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past Due	0
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past Due	$ 149,000

Note 7 - Loans and the Allowa66

Note 7 - Loans and the Allowance for Loan Losses - Loan Receivables on Nonaccrual Status (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Loans receivable on nonaccrual status	$ 7,126	$ 7,957
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans receivable on nonaccrual status	243	1,738
Commercial Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans receivable on nonaccrual status
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Loans receivable on nonaccrual status	1,201	1,806
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Loans receivable on nonaccrual status	2,721	3,205
Residential Portfolio Segment [Member] | Multi-family Residential [Member]
Loans receivable on nonaccrual status		229
Commercial Portfolio Segment [Member]
Loans receivable on nonaccrual status	2,763	979
Consumer Portfolio Segment [Member]
Loans receivable on nonaccrual status	$ 198

Note 7 - Loans and the Allowa67

Note 7 - Loans and the Allowance for Loan Losses - Summary of Information Pertaining to Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Recorded Investment, with an allowance recorded	$ 1,539	$ 2,616
Unpaid Principal Balance, with an allowance recorded	1,583	3,480
Related Allowance	887	1,108
Average Recorded Investment, with an allowance recorded	2,322	2,378
Recorded Investment, with no allowance recorded	10,470	9,180
Unpaid Principal Balance, with no allowance recorded	12,145	11,142
Average Recorded Investment, with no allowance recorded	10,873	10,907
Recorded Investment	12,009	11,796
Unpaid Principal Balance	13,728	14,622
Average Recorded Investment	13,195	13,285
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Recorded Investment, with an allowance recorded		1,336
Unpaid Principal Balance, with an allowance recorded	0	1,514
Related Allowance	0	504
Average Recorded Investment, with an allowance recorded	655	1,392
Recorded Investment, with no allowance recorded	143	396
Unpaid Principal Balance, with no allowance recorded	152	401
Average Recorded Investment, with no allowance recorded	124	1,530
Recorded Investment	143	1,732
Unpaid Principal Balance	152	1,915
Average Recorded Investment	779	2,922
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	368	0
Unpaid Principal Balance, with an allowance recorded	368	0
Related Allowance	98	0
Average Recorded Investment, with an allowance recorded	31	0
Recorded Investment, with no allowance recorded	705	4,172
Unpaid Principal Balance, with no allowance recorded	729	5,588
Average Recorded Investment, with no allowance recorded	3,730	4,062
Recorded Investment	1,073	4,172
Unpaid Principal Balance	1,097	5,588
Average Recorded Investment	3,761	4,062
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Recorded Investment, with an allowance recorded	440	305
Unpaid Principal Balance, with an allowance recorded	470	313
Related Allowance	252	129
Average Recorded Investment, with an allowance recorded	372	78
Recorded Investment, with no allowance recorded	2,823	3,361
Unpaid Principal Balance, with no allowance recorded	3,276	3,898
Average Recorded Investment, with no allowance recorded	3,296	1,933
Recorded Investment	3,263	3,666
Unpaid Principal Balance	3,746	4,211
Average Recorded Investment	3,668	2,011
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	695	975
Unpaid Principal Balance, with an allowance recorded	709	1,653
Related Allowance	501	475
Average Recorded Investment, with an allowance recorded	1,252	908
Recorded Investment, with no allowance recorded	6,637	1,251
Unpaid Principal Balance, with no allowance recorded	7,826	1,255
Average Recorded Investment, with no allowance recorded	3,680	3,368
Recorded Investment	7,332	2,226
Unpaid Principal Balance	8,535	2,908
Average Recorded Investment	4,932	4,276
Consumer Portfolio Segment [Member]
Recorded Investment, with an allowance recorded	36	0
Unpaid Principal Balance, with an allowance recorded	36	0
Related Allowance	36	0
Average Recorded Investment, with an allowance recorded	12	0
Recorded Investment, with no allowance recorded	162	0
Unpaid Principal Balance, with no allowance recorded	162	0
Average Recorded Investment, with no allowance recorded	43	14
Recorded Investment	198
Unpaid Principal Balance	198	0
Average Recorded Investment	$ 55	$ 14

Note 7 - Loans and the Allowa68

Note 7 - Loans and the Allowance for Loan Losses - Fair Value of Loans Acquired With Deteriorated Credit Quality (Details) - American Gateway Financial Corporation [Member] $ in Thousands	Apr. 01, 2015USD ($)
Purchased Impaired Credits, Contractually required principal and interest	$ 11,294
Purchased Impaired Credits, Nonaccretable difference	6,375
Purchased Impaired Credits, Cash flows expected to be collected	4,919
Purchased Impaired Credits, Accretable yield	0
Fair value of purchased impaired credits at acquisition	$ 4,919

Note 7 - Loans and the Allowa69

Note 7 - Loans and the Allowance for Loan Losses - Summary of Changes in Carrying Amount of Purchased Impaired Credits (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Dec. 31, 2015	Dec. 31, 2016
Carrying amount, beginning balance	[1]		$ 3,634
Carrying amount, ending balance	[1]	$ 3,634	1,776
American Gateway Financial Corporation [Member]
Carrying amount, beginning balance		4,919	3,634
Payments received, net of discounts realized		(469)	(1,181)
Charge-offs		(204)	(352)
Transfer to other real estate		(612)	(325)
Carrying amount, ending balance		$ 3,634	$ 1,776
[1]	Purchased credit impaired loans are evaluated for impairment on an individual basis.

Note 7 - Loans and the Allowa70

Note 7 - Loans and the Allowance for Loan Losses - Summary of Informative Data Regarding Loan Modifications (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Number of Contracts	9	11
Pre-Modification Outstanding Recorded Investment	$ 7,750	$ 8,447
Post-Modification Outstanding Recorded Investment	$ 5,931	$ 5,865
Residential Portfolio Segment [Member] | Real Estate Residential One- to Four-Family [Member]
Number of Contracts	3	5
Pre-Modification Outstanding Recorded Investment	$ 870	$ 1,568
Post-Modification Outstanding Recorded Investment	$ 608	$ 1,008
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Number of Contracts		3
Pre-Modification Outstanding Recorded Investment		$ 5,143
Post-Modification Outstanding Recorded Investment		$ 3,623
Commercial Portfolio Segment [Member]
Number of Contracts	6	3
Pre-Modification Outstanding Recorded Investment	$ 6,880	$ 1,736
Post-Modification Outstanding Recorded Investment	$ 5,323	$ 1,234

Note 8 - Premises and Equipme71

Note 8 - Premises and Equipment - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Depreciation, Depletion and Amortization, Nonproduction	$ 1,299,000	$ 1,192,000	$ 810,000

Note 8 - Premises and Equipme72

Note 8 - Premises and Equipment - Bank Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment, Gross	$ 14,980	$ 13,700
Less: Accumulated Depreciation	(5,699)	(4,466)
Property, Plant and Equipment, Net	9,281	9,234
Land [Member]
Property, Plant and Equipment, Gross	2,098	2,126
Building and Leasehold Improvements [Member]
Property, Plant and Equipment, Gross	6,875	6,446
Furniture and Equipment [Member]
Property, Plant and Equipment, Gross	$ 6,007	$ 5,128

Note 9 - Goodwill and Other I73

Note 9 - Goodwill and Other Intangible Assets - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill	$ 6,824,000	$ 3,376,000
Amortization of Intangible Assets	$ 276,000	207,000
American Gateway Financial Corporation [Member]
Goodwill		$ 6,824,000
Business Acquisition, Number of Shares Outstanding		217,944
American Gateway Financial Corporation [Member] | Maximum [Member]
Goodwill Refinement Period		1 year
American Gateway Financial Corporation [Member] | Unsettled Contracts [Member]
Business Acquisition, Number of Shares Outstanding		53,094

Note 9 - Goodwill and Other I74

Note 9 - Goodwill and Other Intangible Assets - Summary of Core Deposit Intangible Asset (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Gross Carrying Amount	$ 2,762	$ 2,762
Less: Accumulated Amortization	(483)	(207)
Net Carrying Amount	$ 2,279	$ 2,555

Note 9 - Goodwill and Other I75

Note 9 - Goodwill and Other Intangible Assets - Estimated Aggregate Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
2,017	$ 276
2,018	276
2,019	276
2,020	276
2,021	276
Thereafter	899
Total Core Deposit Intangible	$ 2,279	$ 2,555

Note 10 - Deposits - (Details T

Note 10 - Deposits - (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Percentage of Certificate of Deposit Maturities Year One	70.70%
Percentage of Certificate of Deposit Maturities Year Two and Thereafter	29.30%
Deposits	$ 932,795	$ 904,236
Interest-bearing Domestic Deposit, Brokered	102,800	74,600
Interest Bearing Deposits Public Funds Brokered	27,200	20,800
Deposits Public Funds Non-brokered	113,500	146,400
Interest and Non-interest Bearing Deposits Liability [Member] | Top three customers [Member]
Deposits	$ 114,200	$ 126,300
Percentage of Interest and Non-interest Bearing Domestic Deposits to Deposits	12.30%	14.00%

Note 10 - Deposits - Summary of

Note 10 - Deposits - Summary of Deposit Accounts (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Noninterest Bearing - DDA	$ 16,950	$ 44,024
Noninterest Bearing - Money Market Account	206,755	178,464
Noninterest Bearing Deposits	223,705	222,488
Interest Bearing - DDA	31,457	26,928
NOW and Super NOW Accounts	17,051	15,405
Money Market Accounts	287,189	329,955
Savings Accounts	35,181	36,137
Certificates of Deposit Over $250,000	73,346	52,418
Other Certificates of Deposit	264,866	220,905
Interest Bearing Deposits	709,090	681,748
Total Deposits	$ 932,795	$ 904,236

Note 11 - Borrowings - (Details

Note 11 - Borrowings - (Details Textual)	Sep. 12, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016USD ($)	Sep. 03, 2015USD ($)
Advances from Federal Home Loan Banks, Net of Unaccreted Market Value Adjustment		$ 47,700,000	$ 46,400,000
Advances from Federal Home Loan Banks		49,144,000	47,064,000
Pledged Financial Instruments, Not Separately Reported, Loans Receivable, for Federal Home Loan Bank Debt			321,100,000
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds			193,700,000
Short-term Debt		3,000,000	862,000
Long-term Debt			3,000,000
Federal Funds Purchased		0	0
FNBB Advance [Member]
Debt Instrument, Face Amount	$ 3,000,000
Debt Instrument, Annual Principal Payment	300,000
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	$ 303,000
Long-term Debt			$ 3,000,000
Debt Instrument, Date of First Required Payment	Sep. 12, 2017
Debt Instrument, Number of Payments	9
Prime Rate [Member] | FNBB Advance [Member]
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate			3.75%
Federal Funds Purchased [Member]
Line of Credit Facility, Current Borrowing Capacity		83,700,000	$ 109,500,000
First Tennessee Bank National Association [Member]
Short-term Debt		$ 3,000,000		$ 3,000,000
First Tennessee Bank National Association [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate		2.50%
First Tennessee Bank National Association [Member] | Quarterly [Member]
Short-term Debt, Percentage Bearing Variable Interest Rate		2.93%
FNBB Line of Credit [Member]
Short-term Debt			$ 862,000
Line of Credit Facility, Maximum Borrowing Capacity	$ 5,000,000
Debt Instrument, Term	1 year
FNBB Line of Credit [Member] | Prime Rate [Member]
Short-term Debt, Percentage Bearing Variable Interest Rate			3.75%
American Gateway Financial Corporation [Member]
Advances, Fair Value Disclosure		$ 41,200,000
Federal Home Loan Bank, Advances, Valuation Adjustments under Fair Value Option		2,000,000
Debt Instrument, Unamortized Discount (Premium), Net		1,400,000	$ 670,000
November 2017 [Member]
Advances from Federal Home Loan Banks		$ 30,000,000	$ 30,000,000
November 2017 [Member] | Minimum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate		2.92%	2.92%
November 2017 [Member] | Maximum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate		3.07%	3.07%
December 2017 [Member]
Advances from Federal Home Loan Banks		$ 2,700,000	$ 1,400,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate		3.18%	3.18%
December 2018 [Member]
Advances from Federal Home Loan Banks		$ 15,000,000	$ 15,000,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate		1.90%	1.90%

Note 12 - Securities Sold Und79

Note 12 - Securities Sold Under Agreements to Repurchase - (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Securities Sold under Agreements to Repurchase	$ 2,720	$ 2,435
Minimum [Member]
Interest Rate on Investment Percentage	2.00%
Maturity Year	2,027
Maximum [Member]
Interest Rate on Investment Percentage	3.50%
Maturity Year	2,036

Note 13 - Income Taxes - (Detai

Note 13 - Income Taxes - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
Operating Loss Carryforwards	$ 230,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	$ 345,000	$ 984,000
Operating Loss Carryforwards, Expiration Year	2,033
American Gateway Financial Corporation [Member]
Operating Loss Carryforwards			$ 287,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax			$ 984,000

Note 13 - Income Taxes - Provis

Note 13 - Income Taxes - Provision (Credit) for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Continuing Operations, Provision (Credit) for Current Taxes - Federal	$ 660	$ 1,599	$ 2,128
Continuing Operations, Provision (Credit) for Deferred Taxes	953	(74)	(764)
Provision for Income Taxes	$ 1,613	$ 1,525	$ 1,364

Note 13 - Income Taxes - Reconc

Note 13 - Income Taxes - Reconciliation between Statutory Federal Income Tax Rate and Effective Income Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Federal Statutory Income Tax at 34%	$ 2,286	$ 1,911	$ 1,835
Tax Exempt Income	(708)	(559)	(707)
Other - Net	35	173	236
Provision for Income Taxes	$ 1,613	$ 1,525	$ 1,364

Note 13 - Income Taxes - Reco83

Note 13 - Income Taxes - Reconciliation between Statutory Federal Income Tax Rate and Effective Income Tax Rate (Details) (Parentheticals)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Federal Statutory Income Tax, Percentage	34.00%	34.00%	34.00%

Note 13 - Income Taxes - Compon

Note 13 - Income Taxes - Components of Deferred Tax Assets (Liabilities) (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Allowance for Loan Losses	$ 2,775,000	$ 2,463,000
Acquried Loans Fair Market Value Adjustment	2,168,000	2,631,000
Acquired Securities Difference in Basis	(744,000)	(826,000)
Amortization of Start-Up Costs	55,000	69,000
Stock Warrants and Options	1,217,000	1,063,000
Depreciation	(799,000)	(804,000)
Interest on Acquired Nonaccrual Loans	42,000	47,000
Unrealized (Gain) Loss on Securities	1,201,000	406,000
Other Real Estate	110,000	147,000
Core Deposit Intangible	775,000	869,000
Acquired FHLB Debt Fair Market Value Adjustment	228,000	476,000
Deferred Compensation	723,000	907,000
Alternative Minimum Tax Credit	345,000	984,000
Net Operating Loss Carryforward	78,000	88,000
Net Deferred Tax Asset	$ 6,624,000	$ 6,782,000

Note 14 - Accumulated Other C85

Note 14 - Accumulated Other Comprehensive Income (Loss) - Summary of Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Balance at Beginning of Year	$ (789)	$ (643)
Before Reclassifications - Net of Tax	(1,694)	(136)
Realized - Net of Tax	153	(10)
Other Comprehensive Income (Loss)	(1,541)	(146)	$ 2,404
Balance at End of Year	$ (2,330)	$ (789)	$ (643)

Note 15 - Stockholders' Equit86

Note 15 - Stockholders' Equity and Regulatory Matters - (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Common Stock, Dividends, Per Share, Cash Paid	$ 0.05	$ 0.05	$ 0.05
Dividends				$ 0

Note 15 - Stockholders' Equit87

Note 15 - Stockholders' Equity and Regulatory Matters - Schedule of Bank's Actual Capital Amounts and Ratios (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Total Capital, Amount	$ 117,909	$ 115,828
Total Capital to Risk-Weighted Assets Ratio	11.89%	12.17%
Total Capital Required for Capital Adequacy, Amount	$ 79,324	$ 76,159
Total Capital Required for Capital Adequacy, Ratio	8.00%	8.00%
Total Capital to be Well Capitalized, Amount	$ 99,155	$ 95,199
Total Capital to be Well Capitalized, Ratio	10.00%	10.00%
Tier I Capital, Amount	$ 109,747	$ 108,584
Tier I Capital to Risk-Weighted Assets Ratio	11.07%	11.41%
Tier I Capital Required for Capital Adequacy, Amount	$ 59,493	$ 57,120
Tier I Capital Required for Capital Adequacy, Ratio	6.00%	6.00%
Tier I Capital to be Well Capitalized, Amount	$ 79,324	$ 76,159
Tier I Capital to be Well Capitalized, Ratio	8.00%	8.00%
Common Equity Tier 1 Capital, Amount	$ 109,747	$ 108,584
Common Equity Tier 1 Capital to Risk-Weighted Assets Ratio	11.07%	11.41%
Common Equity Tier 1 Capital Required for Capital Adequacy, Amount	$ 44,620	$ 42,840
Common Equity Tier 1 Capital Required for Capital Adequacy, Ratio	4.50%	4.50%
Common Equity Tier 1 Capital to be Well Capitalized, Amount	$ 64,451	$ 61,879
Common Equity Tier 1 Capital to be Well Capitalized, Ratio	6.50%	6.50%
Tier I Leveraged Capital, Amount	$ 109,747
Tier I Leveraged Capital to Average Assets Ratio	9.91%	10.17%
Tier I Leveraged Capital Required for Capital Adequacy, Amount	$ 44,311	$ 42,703
Tier I Leveraged Capital Capital Required for Capital Adequacy, Ratio	4.00%	4.00%
Tier I Leveraged Capital to be Well Capitalized, Amount	$ 55,389	$ 53,379
Tier I Leveraged Capital to be Well Capitalized, Ratio	5.00%	5.00%

Note 16 - Stock Based Compens88

Note 16 - Stock Based Compensation - (Details Textual) - USD ($)	Dec. 20, 2016	Feb. 01, 2016	Dec. 31, 2016	Dec. 31, 2015
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 10	$ 10	$ 10
Class of Warrant or Right, Outstanding			87,625	89,125
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate			1.18%	0.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term			5 years	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			1.36%	1.44%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate			31.68%	29.39%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			1,500,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			50,000	42,800
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price			$ 17.65	$ 17.11
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period				3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number			562,548
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Weighted Average Exercise Price			$ 13.79
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares			105,932
Share-based Compensation Arrangement by Share-based Payment Award Options, Amended, Number of Shares	330,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Amended, Weighted Average Exercise Price	$ 10
Class of Warrant or Right, Date from which Warrants or Rights Exercisable			Feb. 1, 2011
Warrant Expiration Date			Feb. 2, 2019
Employee Stock Option [Member]
Allocated Share-based Compensation Expense	$ 168,000		$ 240,000	$ 198,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 492,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			4 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term			10 years
Common Stock [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			101,000
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost		$ 48,000
Share-based Compensation Arrangement by Share-based Payment Award Warrants Assumed Weighted Average Grant Date Fair Value			$ 2.50
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate			1.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term			6 years 182 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate			5.04%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate			13.19%

Note 16 - Stock Based Compens89

Note 16 - Stock Based Compensation - Schedule Weighted-average Assumptions for Each Year in Calculating the Fair Value Of the Options Granted (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Risk-Free Interest Rate	1.36%	1.44%
Expected Dividend Yield	1.18%	0.00%
Expected Volatility	31.68%	29.39%
Expected Life in Years (Year)	5 years	5 years
Weighted Average Calculated Value of Options Granted (in dollars per share)	$ 4.27	$ 4.87

Note 16 - Stock Based Compens90

Note 16 - Stock Based Compensation - Summary Of Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Outstanding Options, December 31, 2015 (in shares)	953,280
Outstanding Options, December 31, 2015 (in dollars per share)	$ 12.59
Granted (in shares)	50,000	42,800
Granted (in dollars per share)	$ 17.65	$ 17.11
Exercised (in shares)
Exercised (in dollars per share)
Forfeited or Expired (in shares)	(4,800)
Forfeited or Expired (in dollars per share)	$ 17.11
Outstanding Options, December 31, 2016 (in shares)	998,480	953,280
Outstanding Options, December 31, 2016 (in dollars per share)	$ 12.82	$ 12.59

Note 17 - Employee Benefit Pl91

Note 17 - Employee Benefit Plans - (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay		4.00%
Employee Compensation and Benefits	$ 467,000	$ 351,000	$ 274,000
Deferred Compensation Arrangement with Individual, Recorded Liability	2,000,000	2,400,000
Deferred Compensation Arrangement with Individual, Reversal of Accrued Liabilities	$ 339,000
Deferred Compensation Arrangement with Individual, Compensation Expense		$ 336,000	$ 300,000

Note 18 - Other Expenses - Sche

Note 18 - Other Expenses - Schedule of Other Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Development	$ 1,253	$ 805	$ 526
Communications	872	469	286
Ad Valorem Shares Tax	650	669	540
Data Processing Fees	1,528	1,141	699
Directors Fees	337	325	366
Insurance	301	284	168
Legal and Professional Fees	1,806	1,980	1,193
Office Supplies and Printing	455	437	147
Regulatory Assessments	847	880	425
Taxes and Licenses	24	10	21
Nonrecurring Merger and Conversion Costs	8	1,149
Other	2,943	2,274	1,119
Total Other Expenses	$ 11,024	$ 10,423	$ 5,490

Note 19 - Financial Instrumen93

Note 19 - Financial Instruments With Off-balance-sheet Risk - (Details Textual) $ in Millions	Dec. 31, 2016USD ($)
Standby and commercial Letters of Credit [Member]
Contractual Obligation	$ 12.5
Commitments to Extend Credit [Member]
Contractual Obligation	$ 196.2

Note 20 - Concentrations of C94

Note 20 - Concentrations of Credit - (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Loans and Leases Receivable, Net of Deferred Income	$ 810,951	$ 772,392
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 298,057	$ 312,207
Commercial Real Estate Portfolio Segment [Member] | Nonfarm Nonresidential [Member] | Loan Secured by Real Estate [Member] | Credit Concentration Risk [Member]
Concentration Risk, Percentage	36.80%	40.40%
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans and Leases Receivable, Net of Deferred Income	$ 94,426	$ 97,872
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Loan Secured by Real Estate [Member] | Credit Concentration Risk [Member]
Concentration Risk, Percentage	11.60%	12.70%

Note 21 - Commitments - (Detail

Note 21 - Commitments - (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Leases, Rent Expense	$ 1.5	$ 1.4	$ 1.2
Federal Home Loan Bank Advances [Member]
Letters of Credit Outstanding, Amount	81	$ 76
Letter of Credit of $11 million expires in March 2017 [Member]
Letters of Credit Outstanding, Amount	11
Letter of Credit of $5.0 million expires in May 2017 [Member]
Letters of Credit Outstanding, Amount	5
Letter of Credit of $40 million expires in June 2017 [Member]
Letters of Credit Outstanding, Amount	40
Letter of Credit of $25 million expires in June 2017 [Member]
Letters of Credit Outstanding, Amount	$ 25
Minimum [Member]
Non-cancelable Operating Lease Terms		4 years
Maximum [Member]
Non-cancelable Operating Lease Terms		10 years

Note 21 - Commitments - Future

Note 21 - Commitments - Future Minimum Lease Payments Under Leases (Details) $ in Thousands	Dec. 31, 2016USD ($)
2,017	$ 1,591
2,018	1,459
2,019	1,322
2,020	961
2021 and Thereafter	5,969
Total Future Minimum Lease Payments	$ 11,302

Note 21 - Commitments - Funds L

Note 21 - Commitments - Funds Lent to Small Business Borrowers (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Mc Larty Capital Partners SBIC L.P [Member]
Total Capital Commitment	$ 2,000
Capital Called	1,670
Remaining Unfunded Capital Commitment	330
Bluehenge Capital Secured Debt SBIC L.P [Member]
Total Capital Commitment	1,500
Capital Called	412
Remaining Unfunded Capital Commitment	$ 1,088

Note 22 - Related Party Trans98

Note 22 - Related Party Transactions - (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Loans and Leases Receivable, Related Parties	$ 15,139	$ 22,004	$ 28,664
Related Party Deposit Liabilities	$ 13,700	$ 10,000

Note 22 - Related Party Trans99

Note 22 - Related Party Transactions - Schedule of Activity in Loans to Directors, Officers and Affiliates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Balance - Beginning of Year	$ 22,004	$ 28,664
New Loans	6,570	5,602
Repayments	(13,435)	(12,262)
Balance - End of Year	$ 15,139	$ 22,004

Note 23 - Fair Value of Fina100

Note 23 - Fair Value of Financial Instruments - (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Liabilities, Fair Value Disclosure, Recurring	$ 0	$ 0
Liabilities, Fair Value Disclosure, Nonrecurring	$ 0

Note 23 - Fair Value of Fina101

Note 23 - Fair Value of Financial Instruments - Summary of Financial Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Securities Available for Sale, at Fair Values	$ 198,342	$ 210,857
Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	198,342	210,857
Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
US Government Agencies Debt Securities [Member]
Securities Available for Sale, at Fair Values	7,566	13,667
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	7,566	13,667
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Corporate Debt Securities [Member]
Securities Available for Sale, at Fair Values	11,127	11,072
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	11,127	11,072
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Collateralized Mortgage Backed Securities [Member]
Securities Available for Sale, at Fair Values	99,372	119,070
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	99,372	119,070
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
US States and Political Subdivisions Debt Securities [Member]
Securities Available for Sale, at Fair Values	79,636	66,441
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	79,636	66,441
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values
Other Debt Obligations [Member]
Securities Available for Sale, at Fair Values	641	607
Other Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member]
Securities Available for Sale, at Fair Values
Other Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Securities Available for Sale, at Fair Values	641	607
Other Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member]
Securities Available for Sale, at Fair Values

Note 23 - Fair Value of Fina102

Note 23 - Fair Value of Financial Instruments - Summary of Financial Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets, Fair Value Disclosure, Nonrecurring Basis	$ 14,061	$ 16,257
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis	14,061	16,257
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis
Impaired Loans [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis	12,865	14,224
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis	12,865	14,224
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis
Repossessed Assets [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis	1,196	2,033
Repossessed Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis
Repossessed Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis	1,196	2,033
Repossessed Assets [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Nonrecurring Basis

Note 23 - Fair Value of Fina103

Note 23 - Fair Value of Financial Instruments - Estimated Fair Values of Banks' Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Securities	$ 198,342	$ 210,857
Other Equity Securities	6,120	5,350
Fair Value, Inputs, Level 1 [Member]
Securities
Fair Value, Inputs, Level 2 [Member]
Securities	198,342	210,857
Fair Value, Inputs, Level 3 [Member]
Securities
Reported Value Measurement [Member]
Cash and Short-Term Investments	44,729	43,407
Securities	198,342	210,857
Mortgage Loans Held for Sale	180
Loans - Net	802,789	765,148
Cash Value of BOLI	22,567	22,339
Other Equity Securities	6,120	5,350
Total	1,074,727	1,047,101
Deposits	932,795	904,236
Borrowings	53,646	54,579
Total	986,441	958,815
Estimate of Fair Value Measurement [Member]
Cash and Short-Term Investments	44,729	43,407
Securities	198,342	210,857
Mortgage Loans Held for Sale	180
Loans - Net	796,400	761,241
Cash Value of BOLI	22,567	22,339
Other Equity Securities	6,120	5,350
Total	1,068,338	1,043,194
Deposits	912,702	897,771
Borrowings	53,706	54,561
Total	966,408	952,332
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and Short-Term Investments	44,729	43,407
Securities
Mortgage Loans Held for Sale
Loans - Net
Cash Value of BOLI
Other Equity Securities
Total	44,729	43,407
Deposits
Borrowings
Total
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and Short-Term Investments
Securities	198,342	210,857
Mortgage Loans Held for Sale	180
Loans - Net
Cash Value of BOLI	22,567	22,339
Other Equity Securities
Total	221,089	233,196
Deposits
Borrowings	53,706	54,561
Total	53,706	54,561
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and Short-Term Investments
Securities
Mortgage Loans Held for Sale
Loans - Net	796,400	761,241
Cash Value of BOLI
Other Equity Securities	6,120	5,350
Total	802,520	766,591
Deposits	912,702	897,771
Borrowings
Total	$ 912,702	$ 897,771

Note 26 - Financial Statemen104

Note 26 - Financial Statements - Parent Company Only - Balance Sheets for Business First Bancshares, Inc. (Parent Company) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Assets	$ 8,159	$ 8,967
Total Assets	1,105,841	1,076,089
Short Term Borrowings	862	3,000
Accrued Interest Payable	920	566
Long Term Borrowings	3,000
Other Liabilities	4,921	4,259
Total Liabilities	992,282	963,640
Common Stock	6,917	7,036
Additional Paid-in Capital	85,133	85,913
Retained Earnings	23,839	20,289
Total Stockholders' Equity	113,559	112,449	$ 78,845	$ 71,923
Total Liabilities and Stockholders' Equity	1,105,841	1,076,089
Parent Company [Member]
Cash	54	359
Investment in Subsidiaries	116,031	113,265
Other Assets	2,354	1,906
Total Assets	118,439	115,530
Short Term Borrowings	862	3,000
Accrued Interest Payable	6	21
Long Term Borrowings	3,000
Other Liabilities	1,012	60
Total Liabilities	4,880	3,081
Common Stock	6,917	7,036
Additional Paid-in Capital	85,133	85,913
Retained Earnings	21,509	19,500
Total Stockholders' Equity	113,559	112,449
Total Liabilities and Stockholders' Equity	$ 118,439	$ 115,530

Note 26 - Financial Statemen105

Note 26 - Financial Statements - Parent Company Only - Statements of Income for Business First Bancshares, Inc. (Parent Company) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Interest	$ 43,418	$ 38,617	$ 27,475
Provision for Income Taxes	1,613	1,525	1,364
Net Income	5,111	4,096	4,033
Parent Company [Member]
Interest		1	4
Other Operating Expenses	1,464	1,437	1,095
Income (Loss) before Income Taxes and Equity in Undistributed Net Income of Subsidiaries	(1,464)	(1,436)	(1,091)
Provision for Income Taxes	(498)	(474)	(371)
Income (Loss) before Equity in Undistributed Net Income of Subsidiaries	(966)	(962)	(720)
Equity in Undistributed Net Income of Subsidiaries	6,077	5,058	4,753
Net Income	$ 5,111	$ 4,096	$ 4,033