QNB (QNBC) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	QNB CORP
Trading Symbol	QNBC
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		3,342,304
Amendment Flag	false
Entity Central Index Key	750,558
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 11,022	$ 11,102
Interest-bearing deposits in banks	9,602	7,143
Total cash and cash equivalents	20,624	18,245
Investment securities
Trading	3,871	4,207
Available-for-sale (amortized cost $329,787 and $373,844)	330,231	375,219
Held-to-maturity (fair value $154 and $156)	146	146
Restricted investment in bank stocks	508	647
Loans held-for-sale	466	380
Loans receivable	578,256	555,282
Allowance for loan losses	(7,655)	(8,001)
Net loans	570,601	547,281
Bank-owned life insurance	10,803	10,658
Premises and equipment, net	9,391	9,702
Accrued interest receivable	2,324	2,568
Other real estate owned	198	3,025
Net deferred tax assets	3,192	2,925
Other assets	2,890	2,132
Total assets	955,245	977,135
Deposits
Demand, non-interest bearing	97,060	86,920
Interest-bearing demand	212,919	251,986
Money market	64,974	58,199
Savings	216,984	211,240
Time	142,055	148,827
Time of $100 or more	92,089	94,420
Total deposits	826,081	851,592
Short-term borrowings	32,896	35,189
Accrued interest payable	337	344
Other liabilities	7,394	3,656
Total liabilities	866,708	890,781
Shareholders' Equity
Common stock, par value $0.625 per share; authorized 10,000,000 shares; 3,506,873 shares and 3,481,227 shares issued; 3,342,304 and 3,316,658 shares outstanding	2,192	2,176
Surplus	15,461	14,819
Retained earnings	73,067	70,928
Accumulated other comprehensive income, net of tax	293	907
Treasury stock, at cost; 164,569 shares	(2,476)	(2,476)
Total shareholders' equity	88,537	86,354
Total liabilities and shareholders' equity	$ 955,245	$ 977,135

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - Scenario, Unspecified [Domain] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Available-for-sale, amortized cost (in Dollars)	$ 329,787	$ 373,844
Held-to-maturity, fair value (in Dollars)	$ 154	$ 156
Common stock, par value (in Dollars per share)	$ 0.625	$ 0.625
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	3,506,873	3,481,227
Common stock, shares outstanding	3,342,304	3,316,658
Treasury stock, shares	164,569	164,569

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income
Interest and fees on loans	$ 5,965,000	$ 5,665,000	$ 11,846,000	$ 11,177,000
Interest and dividends on investment securities (AFS & HTM):
Taxable	1,256,000	1,285,000	2,598,000	2,659,000
Tax-exempt	469,000	569,000	955,000	1,171,000
Interest on trading securities	40,000	44,000	81,000	67,000
Interest on interest-bearing balances and other interest income	16,000	25,000	73,000	41,000
Total interest income	7,746,000	7,588,000	15,553,000	15,115,000
Interest on deposits
Interest-bearing demand	154,000	148,000	320,000	308,000
Money market	38,000	28,000	74,000	55,000
Savings	200,000	193,000	396,000	382,000
Time	389,000	404,000	785,000	810,000
Time of $100 or more	295,000	277,000	590,000	540,000
Interest on short-term borrowings	28,000	31,000	59,000	60,000
Interest on long-term debt		10,000		70,000
Total interest expense	1,104,000	1,091,000	2,224,000	2,225,000
Net interest income	6,642,000	6,497,000	13,329,000	12,890,000
Provision for loan losses	60,000	0	60,000	0
Net interest income after provision for loan losses	6,582,000	6,497,000	13,269,000	12,890,000
Non-interest income
Net gain on sale of investment securities	214,000	285,000	717,000	907,000
Net (loss) gain on trading activites	(34,000)	93,000	(19,000)	115,000
Fees for services to customers	404,000	410,000	806,000	809,000
ATM and debit card	394,000	387,000	756,000	735,000
Retail brokerage and advisory income	204,000	149,000	377,000	315,000
Bank-owned life insurance	72,000	73,000	142,000	145,000
Merchant Income	81,000	84,000	151,000	156,000
Net gain on sale of loans	119,000	54,000	182,000	61,000
Other	145,000	90,000	164,000	194,000
Total non-interest income	1,599,000	1,625,000	3,276,000	3,437,000
Non-interest expense
Salaries and employee benefits	3,053,000	2,836,000	6,049,000	5,631,000
Net occupancy	455,000	424,000	909,000	870,000
Furniture and equipment	432,000	438,000	861,000	846,000
Marketing	212,000	222,000	422,000	440,000
Third party services	445,000	411,000	846,000	812,000
Telephone, postage and supplies	175,000	174,000	369,000	357,000
State taxes	173,000	153,000	347,000	304,000
FDIC insurance premiums	150,000	160,000	317,000	337,000
Other	569,000	496,000	1,071,000	929,000
Total non-interest expense	5,664,000	5,314,000	11,191,000	10,526,000
Income before income taxes	2,517,000	2,808,000	5,354,000	5,801,000
Provision for income taxes	583,000	636,000	1,284,000	1,333,000
Net income	$ 1,934,000	$ 2,172,000	$ 4,070,000	$ 4,468,000
Earnings per share - basic (in Dollars per share)	$ 0.58	$ 0.66	$ 1.22	$ 1.36
Earnings per share - diltued (in Dollars per share)	0.58	0.66	1.22	1.36
Cash dividends per share (in Dollars per share)	$ 0.29	$ 0.28	$ 0.58	$ 0.56

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 2,517	$ 2,808	$ 5,354	$ 5,801
Net unrealized holding gains (losses) on securities:
Unrealized holding (losses) gains arising during the period	(2,674)	3,484	(214)	6,781
Reclassification adjustment for gains included in net income	(214)	(285)	(717)	(907)
Other comprehensive (loss) income	(2,888)	3,199	(931)	5,874
Total comprehensive (loss) income	$ (371)	$ 6,007	$ 4,423	$ 11,675

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Tax expense (benefit)	$ 583	$ 636	$ 1,284	$ 1,333
Net of tax amount	1,934	2,172	4,070	4,468
Unrealized holding gains (losses) arising during the period, tax expense	(909)	1,185	(73)	2,306
Unrealized holding gains (losses) arising during the period, net of tax amount	(1,765)	2,299	(141)	4,475
Reclassification adjustment for (gains) losses included in net income, tax expense (benefit)	(73)	(97)	(244)	(308)
Reclassification adjustment for (gains) losses included in net income, net of tax amount	(141)	(188)	(473)	(599)
Other comprehensive (loss) income, tax expense (benefit)	(982)	1,088	(317)	1,998
Other comprehensive (loss) income, net of tax amount	(1,906)	2,111	(614)	3,876
Total comprehensive income, tax expense (benefit)	(399)	1,724	967	3,331
Total comprehensive income, net of tax amount	$ 28	$ 4,283	$ 3,456	$ 8,344

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]Employee Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]Employee Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Employee Stock [Member]	Total
Balance at Dec. 31, 2013		$ 2,148		$ 13,747	$ 65,618	$ (3,412)	$ (2,476)		$ 75,625
Balance (in Shares) at Dec. 31, 2013		3,271,658
Net income					4,468				4,468
Other comprehensive income (loss), net of tax						3,876			3,876
Cash dividends declared					(1,837)				(1,837)
Stock issued in connection with dividend reinvestment and stock purchase plan	$ 1	$ 9	$ 34	367				$ 35	376
Stock issued in connection with dividend reinvestment and stock purchase plan (in Shares)	1,572	15,144
Stock issued for options exercised		$ 3		30					$ 33
Stock issued for options exercised (in Shares)		5,444							(12,950)
Tax benefit of stock options exercised				12					$ 12
Stock-based compensation expense				43					43
Balance at Jun. 30, 2014		$ 2,161		14,233	68,249	464	(2,476)		82,631
Balance (in Shares) at Jun. 30, 2014		3,293,818
Balance at Dec. 31, 2014		$ 2,176		14,819	70,928	907	(2,476)		$ 86,354
Balance (in Shares) at Dec. 31, 2014		3,316,658							3,316,658
Net income					4,070				$ 4,070
Other comprehensive income (loss), net of tax						(614)			(614)
Cash dividends declared					(1,931)				(1,931)
Stock issued in connection with dividend reinvestment and stock purchase plan	$ 1	$ 10	$ 42	443				$ 43	453
Stock issued in connection with dividend reinvestment and stock purchase plan (in Shares)	1,721	16,123
Stock issued for options exercised		$ 5		91					$ 96
Stock issued for options exercised (in Shares)		7,802							(11,650)
Tax benefit of stock options exercised				20					$ 20
Stock-based compensation expense				46					46
Balance at Jun. 30, 2015		$ 2,192		$ 15,461	$ 73,067	$ 293	$ (2,476)		$ 88,537
Balance (in Shares) at Jun. 30, 2015		3,342,304							3,342,304

Consolidated Statement of Shar8

Consolidated Statement of Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash dividends declared, per share	$ 0.58	$ 0.56

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities
Net income	$ 4,070	$ 4,468
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	524	561
Provision for loan losses	60	0
Net gain on investment securities available-for-sale	(717)	(907)
Provision for repossessed assets and other real estate owned	89
Net loss on sale of repossessed assets and other real estate owned	(70)	1
Net gain on sale of loans	(182)	(61)
Proceeds from sales of residential mortgages held-for-sale	6,487	1,542
Origination of residential mortgages held-for-sale	(6,391)	(1,720)
Income on bank-owned life insurance	(142)	(145)
Stock-based compensation expense	46	43
Net decrease (increase) in trading securities	336	(4,531)
Deferred income tax provision	49	(80)
Net decrease in income taxes payable	(453)	(10)
Net decrease in accrued interest receivable	244	130
Amortization of mortgage servicing rights and change in valuation allowance	31	30
Net amortization of premiums and discounts on investment securities	1,101	1,056
Net decrease in accrued interest payable	(7)	(65)
Increase in other assets	(304)	(532)
Decrease in other liabilities	(1,008)	(17)
Net cash provided by (used in) operating activities	3,763	(237)
Investing Activities
Proceeds from payments, maturities and calls of investment securities available-for-sale	51,926	51,788
Proceeds from the sale of investment securities available-for-sale	26,795	18,970
Purchases of investment securities available-for-sale	(30,319)	(20,640)
Proceeds from redemption of investment in restricted bank stock	1,318	2,005
Purchase of restricted bank stock	(1,179)	(2,409)
Net increase in loans	(23,595)	(20,308)
Net purchases of premises and equipment	(214)	(410)
Proceeds from sales of repossessed assets and other real estate owned	3,007	10
Net cash provided by investing activities	27,739	29,006
Financing Activities
Net increase in non-interest bearing deposits	10,140	7,291
Net decrease in interest-bearing deposits	(35,651)	(25,167)
Net decrease in short-term borrowings	(2,293)	(1,056)
Repayments of long-term debt		(5,000)
Tax benefit from exercise of stock options	20	12
Cash dividends paid, net of reinvestment	(1,717)	(1,658)
Proceeds from issuance of common stock	378	265
Net cash used in financing activities	(29,123)	(25,313)
Increase in cash and cash equivalents	2,379	3,456
Cash and cash equivalents at beginning of year	18,245	16,286
Cash and cash equivalents at end of period	20,624	19,742
Supplemental Cash Flow Disclosures
Interest paid	2,231	2,290
Income taxes paid	1,650	1,410
Non-cash transactions:
Transfer of loans to repossessed assets or other real estate owned	215	$ 20
Unsettled trades to purchase securities	$ 4,729

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	1. BASIS OF PRESENTATION The accompanying unaudited consolidated financial statements include the accounts of QNB Corp. and its wholly-owned subsidiary, QNB Bank (the “Bank”). The consolidated entity is referred to herein as “QNB” or the “Company”. All significant intercompany accounts and transactions are eliminated in the consolidated financial statements. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in QNB's 2014 Annual Report incorporated in the Form 10-K. Operating results for the three and six month periods ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The unaudited consolidated financial statements reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of the results of operations for the period and are of a normal and recurring nature. Tabular information, other than share and per share data, is presented in thousands of dollars. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the dates of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from such estimates. The Company has evaluated events and transactions occurring subsequent to the balance sheet date of June 30, 2015, for items that should potentially be recognized or disclosed in these financial statements.

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2. RECENT ACCOUNTING PRONOUNCEMENTS In May 2014, the FASB issued Accounting Standard Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606). This ASU was issued to help improve comparability of revenue recognition practices across entities, industries, jurisdictions, and capital markets. The ASU’s core principle is that a company will recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, this update specifies the accounting for certain costs to obtain or fulfill a contract with a customer and expands disclosure requirements for revenue recognition. This ASU is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. QNB is evaluating the effect of adopting this new ASU. In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors On January 9, 2015, the FASB issued ASU 2015-01 Extraordinary and Unusual Items (Subtopic 225-20) which eliminates from U.S. GAAP the concept of an extraordinary item. The Board released the new guidance as part of its simplification initiative, which, as explained in the ASU, is intended to “identify, evaluate, and improve areas of U.S. GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to the users of financial statements.” To be considered an extraordinary item under existing U.S. GAAP, an event or transaction must be unusual in nature and must occur infrequently. Stakeholders often questioned the decision-usefulness of labeling a transaction or event as extraordinary and indicated that it is difficult to ascertain whether an event or transaction satisfies both criteria. In light of this feedback and in a manner consistent with its simplification initiative, the FASB decided to eliminate the concept of an extraordinary item. As a result, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; and (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. However, the ASU does not affect the reporting and disclosure requirements for an event that is unusual in nature or that occurs infrequently. For all entities, the ASU is effective for annual periods beginning after December 15, 2015, and interim periods within those annual periods. Entities may apply the guidance prospectively or retrospectively to all prior periods presented in the financial statements. If an entity chooses to apply the guidance prospectively, it must disclose whether amounts included in income from continuing operations after adoption of the ASU are related to events and transactions previously recognized and classified as extraordinary items before the date of adoption. Early adoption is permitted if the guidance is applied as of the beginning of the annual period of adoption. QNB is evaluating the effect of adopting this new ASU. On February 18, 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis ● Limited partnerships will be variable interest entities (VIEs), unless the limited partners have either substantive kick-out or participating rights. Although more partnerships will be VIEs, it is less likely that a general partner will consolidate a limited partnership. ● The ASU changes the effect that fees paid to a decision maker or service provider have on the consolidation analysis. Specifically, it is less likely that the fees themselves will be considered a variable interest, that an entity will be a VIE, or that consolidation will result. ● The ASU significantly amends how variable interests held by a reporting entity’s related parties or de facto agents affect its consolidation conclusion. Specifically, the ASU will result in less frequent performance of the related-party tiebreaker test (and mandatory consolidation by one of the related parties) than under current U.S. GAAP. ● For entities other than limited partnerships, the ASU clarifies how to determine whether the equity holders (as a group) have power over the entity (this will most likely result in a change to current practice). The clarification could affect whether the entity is a VIE. This ASU will be effective for periods beginning after December 15, 2015, for public companies. Early adoption is permitted, including adoption in an interim period. QNB does not anticipate the adoption of this guidance will have a material impact on its financial statements. On April 7, 2015, the FASB issued ASU 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs

Note 3 - Stock-based Compensati

Note 3 - Stock-based Compensation and Shareholders' Equity	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	3. STOCK-BASED COMPENSATION AND SHAREHOLDERS’ EQUITY QNB sponsors stock-based compensation plans, administered by a Board Committee, under which both qualified and non-qualified stock options may be granted periodically to certain employees. Compensation cost has been measured using the fair value of an award on the grant date and is recognized over the service period, which is usually the vesting period. Stock-based compensation expense was $25,000 and $24,000 for the three months ended June 30, 2015 and 2014, respectively. Stock-based compensation expense was $46,000 and $43,000 for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015, there was approximately $108,000 of unrecognized compensation cost related to unvested share-based compensation award grants that is expected to be recognized over the next 31 months. Options are granted to certain employees at prices equal to the market value of the stock on the date the options are granted. The 1998 Plan authorized the issuance of 220,500 shares. The time period during which any option is exercisable under the Plan is determined by the Committee but shall not commence before the expiration of six months after the date of grant or continue beyond the expiration of ten years after the date the option is awarded. The granted options vest ratably over a three-year period. As of June 30, 2015, there were 225,058 options granted, 60,244 options forfeited, 164,814 options exercised and no remaining options outstanding under this Plan. The 1998 Plan expired on March 10, 2008. The 2005 Plan authorized the issuance of 200,000 shares. The terms of the 2005 Plan are identical to the 1998 Plan, except options expire five years after the grant date. As of June 30, 2015, there were 184,200 options granted, 55,225 options forfeited, 43,900 options exercised, and 85,075 options outstanding under this Plan. The 2005 Plan expired March 15, 2015. The QNB Corp. 2015 Stock Incentive Plan authorizing the issuance of 300,000 shares was approved at the Company’s 2015 Annual Meeting of Shareholders. The terms of the 2015 Plan are identical to the 2005 plan. There were no options granted, forfeited, exercised or outstanding under this Plan as of June 30, 2015. The fair value of each option is amortized into compensation expense on a straight-line basis between the grant date for the option and each vesting date. QNB estimated the fair value of stock options on the date of the grant using the Black-Scholes option pricing model. The model requires the use of numerous assumptions, many of which are highly subjective in nature. The following assumptions were used in the option pricing model in determining the fair value of options granted during the period: Six months ended June 30, 2015 2014 Risk free interest rate 1.06 % 0.69 % Dividend yield 3.86 4.28 Volatility 26.74 28.12 Expected life (years) 5.00 5.00 The risk-free interest rate was selected based upon yields of U.S. Treasury issues with a term approximating the expected life of the option being valued. Historical information was the primary basis for the selection of the expected dividend yield, expected volatility and expected lives of the options. The fair market value of options granted in the first six months of 2015 and 2014 was $4.38 and $3.81, respectively. Stock option activity during the six months ended June 30, 2015 and 2014 is as follows: Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2014 88,375 $ 23.27 Granted 21,000 29.25 Exercised 11,650 17.73 Forfeited 12,650 31.87 Outstanding at June 30, 2015 85,075 $ 24.22 2.74 $ 440 Exercisable at June 30, 2015 30,875 $ 20.85 1.12 $ 264 Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2013 115,800 $ 23.51 Granted 20,000 25.16 Exercised 12,950 17.28 Forfeited 15,000 33.25 Outstanding at June 30, 2014 107,850 $ 23.21 2.43 $ 442 Exercisable at June 30, 2014 46,050 $ 23.20 0.97 $ 239

Note 4 - Share Repurchase Plan

Note 4 - Share Repurchase Plan	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block Supplement [Abstract]
Treasury Stock [Text Block]	4. SHARE REPURCHASE PLAN The Board of Directors has authorized the repurchase of up to 100,000 shares of its common stock in open market or privately negotiated transactions. The repurchase authorization does not bear a termination date. There were no shares repurchased during the six months ended June 30, 2015 and 2014. As of June 30, 2015, 57,883 shares were repurchased under this authorization at an average price of $16.97 and a total cost of $982,000.

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	5. EARNINGS PER SHARE The following sets forth the computation of basic and diluted earnings per share: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Numerator for basic and diluted earnings per share - net income $ 1,934 $ 2,172 $ 4,070 $ 4,468 Denominator for basic earnings per share - weighted average shares outstanding 3,333,018 3,285,052 3,327,384 3,280,532 Effect of dilutive securities - employee stock options 13,515 12,390 12,734 11,560 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 3,346,533 3,297,442 3,340,118 3,292,092 Earnings per share - basic $ 0.58 $ 0.66 $ 1.22 $ 1.36 Earnings per share - diluted 0.58 0.66 1.22 1.36 There were 21,000 stock options that were anti-dilutive for both the three and six-month periods ended June 30, 2015. There were 34,800 stock options that were anti-dilutive for both the three and six-month periods ended June 30, 2014. These stock options were not included in the above calculation.

Note 6 - Comprehensive Income

Note 6 - Comprehensive Income	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	6. OTHER COMPREHENSIVE INCOME The following shows the components of accumulated other comprehensive income at June 30, 2015 and December 31, 2014: June 30, December 31, 2015 2014 Unrealized net holding gains on available-for-sale securities $ 820 $ 1,975 Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings (376 ) (600 ) Accumulated other comprehensive income 444 1,375 Tax effect (151 ) (468 ) Accumulated other comprehensive income, net of tax $ 293 $ 907 The following tables present amounts reclassified out of accumulated other comprehensive income for the three and six months ended June 30, 2015 and 2014: Three months ended June 30, 2015 Amount reclassified from accumulated other comprehensive income Details about accumulated other comprehensive income 2015 2014 Affected line item in statement of income Unrealized net holding gains on available-for-sale securities $ 214 $ 285 Net gain on sale of investment securities Tax effect (73 ) (96 ) Provision for income taxes Total reclass out of accumulated other comprehensive income, net of tax $ 141 $ 189 Net of tax Six months ended June 30, 2015 Amount reclassified from accumulated other comprehensive income Details about accumulated other comprehensive income 2015 2014 Affected line item in statement of income Unrealized net holding gains on available-for-sale securities $ 717 $ 907 Net gain on sale of investment securities Tax effect (244 ) (308 ) Provision for income taxes Total reclass out of accumulated other comprehensive income, net of tax $ 473 $ 599 Net of tax

Note 7 - Investment Securities

Note 7 - Investment Securities	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	7. INVESTMENT SECURITIES QNB engages in trading activities for its own account. Municipal securities that are held principally for resale in the near term are recorded in the trading account at fair value with changes in fair value recorded in non-interest income. There were net realized and unrealized losses of $34,000 and gains of $93,000 recorded for the three months ended June 30, 2015 and 2014, respectively. There were net realized and unrealized losses of $19,000 and gains of $115,000 recorded for the six months ended at June 30, 2015 and 2014, respectively. Unrealized gains on trading activity related to trading securities still held at June 30, 2015 and December 31, 2014 totaled $21,000 and $24,000, respectively. Interest and dividends are included in interest income. Trading securities, at fair value, at June 30, 2015 and December 31, 2014 were as follows: June 30, December 31, 2015 2014 State and municipal securities $ 3,871 $ 4,207 The amortized cost and estimated fair values of investment securities available-for-sale at June 30, 2015 and December 31, 2014 were as follows: Gross Gross unrealized unrealized Fair holding holding Amortized June 30, 2015 value gains losses cost U.S. Government agency $ 42,263 $ 171 $ (225 ) $ 42,317 State and municipal 73,938 1,255 (328 ) 73,011 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 120,943 1,464 (559 ) 120,038 Collateralized mortgage obligations (CMOs) 76,738 341 (1,088 ) 77,485 Pooled trust preferred 2,694 215 (1,022 ) 3,501 Corporate debt 6,036 25 (7 ) 6,018 Equity 7,619 448 (246 ) 7,417 Total investment securities available-for-sale $ 330,231 $ 3,919 $ (3,475 ) $ 329,787 Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2014 value gains losses cost U.S. Government agency $ 62,665 $ 212 $ (472 ) $ 62,925 State and municipal 72,569 1,500 (150 ) 71,219 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 136,192 1,819 (466 ) 134,839 Collateralized mortgage obligations (CMOs) 87,662 330 (1,300 ) 88,632 Pooled trust preferred 2,439 160 (1,240 ) 3,519 Corporate debt 6,037 30 - 6,007 Equity 7,655 1,022 (70 ) 6,703 Total investment securities available-for-sale $ 375,219 $ 5,073 $ (3,698 ) $ 373,844 The amortized cost and estimated fair value of securities available-for-sale by contractual maturity at June 30, 2015 are shown in the following table. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities are assigned to categories based on contractual maturity except for mortgage-backed securities and CMOs which are based on the estimated average life of these securities and municipal securities that have been pre-refunded. Amortized June 30, 2015 Fair value cost Due in one year or less $ 5,129 $ 5,076 Due after one year through five years 230,192 229,515 Due after five years through ten years 64,725 64,452 Due after ten years 22,566 23,327 Equity securities 7,619 7,417 Total investment securities available-for-sale $ 330,231 $ 329,787 For the three months ended June 30, 2015 and 2014, proceeds from sales of investment securities available-for-sale were approximately $19,200,000 and $6,389,000. Proceeds from sales of investment securities available-for-sale were approximately $26,795,000 and $18,970,000 for the six months ended June 30, 2015 and 2014, respectively. At June 30, 2015 and December 31, 2014, investment securities available-for-sale totaling approximately $154,330,000 and $206,774,000, respectively, were pledged as collateral for repurchase agreements and deposits of public funds. The following table presents information related to the Company’s gains and losses on the sales of equity and debt securities, and losses recognized for the other-than-temporary impairment (“OTTI”) of these investments. Gains and losses on available-for-sale securities are computed on the specific identification method and included in non-interest income. Gross realized losses on equity and debt securities are net of other-than-temporary impairment charges: Three months ended June 30, 2015 Three months ended June 30, 2014 Other-than- Other-than- Gross Gross temporary Gross Gross temporary realized realized impairment realized realized impairment gains losses losses Net gains gains losses losses Net gains Equity securities $ 204 $ (23 ) $ - $ 181 $ 280 $ (6 ) $ - $ 274 Debt securities 66 (33 ) - 33 74 (63 ) - 11 Total $ 270 $ (56 ) $ - $ 214 $ 354 $ (69 ) $ - $ 285 Six months ended June 30, 2015 Six months ended June 30, 2014 Other-than- Other-than- Gross Gross temporary Gross Gross temporary realized realized impairment realized realized impairment gains losses losses Net gains gains losses losses Net gains Equity securities $ 630 $ (23 ) $ - $ 607 $ 870 $ (6 ) $ - $ 864 Debt securities 154 (44 ) - 110 137 (94 ) - 43 Total $ 784 $ (67 ) $ - $ 717 $ 1,007 $ (100 ) $ - $ 907 The tax expense applicable to the net realized gains for the six-month periods ended June 30, 2015 and 2014 amounted to approximately $244,000 and $308,000, respectively. QNB recognizes OTTI for debt securities classified as available-for-sale in accordance with FASB ASC 320, Investments – Debt and Equity Securities The following table presents a roll forward of the credit loss component recognized in earnings. The credit loss component of the amortized cost represents the difference between the present value of expected future cash flows and the amortized cost basis of the security prior to considering credit losses. The beginning balance represents the credit loss component for debt securities for which OTTI occurred prior to the beginning of the year. Credit-impaired debt securities must be presented in two components based upon whether the current period is the first time the debt security was credit-impaired (initial credit impairment) or is not the first time the debt security was credit-impaired (subsequent credit impairments). No credit impairments were recognized on debt securities in the first six months of 2015 or 2014. The following table presents a summary of the cumulative credit-related other-than-temporary impairment charges recognized as components of earnings for debt securities still held by QNB: Six months ended June 30, 2015 2014 Balance, beginning of period $ 1,153 $ 1,271 Reductions: gain on payoff - - Additions: Initial credit impairments - - Subsequent credit impairments - - Balance, end of period $ 1,153 $ 1,271 The amortized cost and estimated fair values of investment securities held-to-maturity at June 30, 2015 and December 31, 2014 were as follows: Held-To-Maturity June 30, 2015 December 31, 2014 Gross Gross Gross Gross unrealized unrealized unrealized unrealized Amortized holding holding Fair Amortized holding holding Fair cost gains losses value cost gains losses value State and municipal securities $ 146 $ 8 - $ 154 $ 146 $ 10 - $ 156 The amortized cost and estimated fair value of securities held-to-maturity by contractual maturity at June 30, 2015 are shown in the following table. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized June 30, 2015 Fair value cost Due in one year or less - - Due after one year through five years $ 154 $ 146 Due after five years through ten years - - Due after ten years - - Total investment securities held-to-maturity $ 154 $ 146 There were no sales of investment securities classified as held-to-maturity during the three and six months ended June 30, 2015 or 2014. The following table indicates the length of time individual securities have been in a continuous unrealized loss position at June 30, 2015 and December 31, 2014: June 30, 2015 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 17 $ 16,484 $ (144 ) $ 7,166 $ (81 ) $ 23,650 $ (225 ) State and municipal 68 23,711 (267 ) 4,522 (61 ) 28,233 (328 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 33 38,711 (492 ) 2,536 (67 ) 41,247 (559 ) Collateralized mortgage obligations (CMOs) 42 20,555 (146 ) 29,614 (942 ) 50,169 (1,088 ) Pooled trust preferred 5 - - 2,191 (1,022 ) 2,191 (1,022 ) Corporate debt 1 1,005 (7 ) - - 1,005 (7 ) Equity 15 3,487 (228 ) 250 (18 ) 3,737 (246 ) Total 181 $ 103,953 $ (1,284 ) $ 46,279 $ (2,191 ) $ 150,232 $ (3,475 ) December 31, 2014 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 29 $ 15,466 $ (30 ) $ 23,941 $ (442 ) $ 39,407 $ (472 ) State and municipal 39 3,452 (31 ) 11,964 (119 ) 15,416 (150 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 34 6,521 (15 ) 38,586 (451 ) 45,107 (466 ) Collateralized mortgage obligations (CMOs) 51 2,003 (205 ) 35,687 (1,095 ) 37,690 (1,300 ) Pooled trust preferred 5 - - 1,978 (1,240 ) 1,978 (1,240 ) Equity 7 1,303 (70 ) - - 1,303 (70 ) Total 165 $ 28,745 $ (351 ) $ 112,156 $ (3,347 ) $ 140,901 $ (3,698 ) Management evaluates debt securities, which are comprised of U.S. Government agencies, state and municipalities, mortgage-backed securities, CMOs and corporate debt securities, for other-than-temporary impairment and considers the current economic conditions, the length of time and the extent to which the fair value has been less than cost, interest rates and the bond rating of each security. The unrealized losses at June 30, 2015 in U.S. Government securities, state and municipal securities, mortgage-backed securities, CMOs and corporate debt securities are primarily the result of interest rate fluctuations. If held to maturity, these bonds will mature at par, and QNB will not realize a loss. The Company has the intent to hold the securities and does not believe it will be required to sell the securities before recovery occurs. The Company’s investment in marketable equity securities primarily consists of investments in large cap stock companies. These equity securities are analyzed for impairment on an ongoing basis. Management believes these equity securities will recover in the foreseeable future. QNB evaluated the near-term prospects of the issuers in relation to the severity and duration of the impairment. Based on that evaluation and the Company’s ability and intent to hold those securities for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company does not consider these equity securities to be other-than-temporarily impaired. QNB holds six pooled trust preferred securities as of June 30, 2015. These securities have a total amortized cost of approximately $3,501,000 and a fair value of $2,694,000. Five of the six securities have been in an unrealized loss position for more than twelve months. All of the pooled trust preferred securities are available-for-sale securities and are carried at fair value. The following table provides additional information related to pooled trust preferred securities (PreTSLs) as of June 30, 2015: Deal Class Book value Fair value Unrealized gains (losses) Realized OTTI credit loss (YTD 2015) Total recognized OTTI credit loss Moody's /Fitch ratings Current number of performing banks Current number of performing insurance companies Actual deferrals and defaults as a % of total collateral Total performing collateral as a % of outstanding bonds PreTSL IV Mezzanine* $ 243 $ 215 $ (28 ) $ - $ (1 ) B1/B 5 - 18.0 % 140.5 % PreTSL XVII Mezzanine 752 565 (187 ) - (222 ) C/C 31 5 30.4 85.9 PreTSL XIX Mezzanine 987 556 (431 ) - - Caa3/C 40 12 12.2 94.4 PreTSL XXV Mezzanine 766 483 (283 ) - (222 ) C/C 47 5 27.5 88.9 PreTSL XXVI Mezzanine 465 372 (93 ) - (270 ) Caa3/C 43 7 23.7 94.0 PreTSL XXVI Mezzanine 288 503 215 - (438 ) Caa3/C 43 7 23.7 94.0 $ 3,501 $ 2,694 $ (807 ) $ - $ (1,153 ) Mezzanine* - only class of bonds still outstanding (represents the senior-most obligation of the trust) On January 14, 2014, Regulators released a final rule authorizing retention of pooled trust preferred securities backed primarily by bank-issued trust preferred securities which included the PreTSLs held by QNB. Due to the uncertainty invoked between the original release of the Volcker Rule and the final rule, there was a noticeable increase in trading activity. However, we believe most of these trades occurred under distress and do not represent trades made in an orderly market. Despite the trades that took place as discussed previously, the market for these securities at June 30, 2015 was not active and markets for similar securities also are not active. The new issue market is also inactive and the market values for these securities are depressed relative to historical levels. Lack of liquidity in the market for trust preferred collateralized debt obligations, credit rating downgrades and market uncertainties related to the financial industry are all factors contributing to the temporary impairment of these securities. Although these securities are classified as available-for-sale, the Company has the intent to hold the securities and does not believe it will be required to sell the securities before recovery occurs. As illustrated in the previous table, these securities are comprised mainly of securities issued by banks, and to a lesser degree, insurance companies. QNB owns the mezzanine tranches of these securities, except for PreTSL IV which represents the senior-most obligation of the trust. On a quarterly basis we evaluate our debt securities for other-than-temporary impairment (OTTI), which involves the use of a third-party valuation firm to assist management with the valuation. When evaluating these investments a credit-related portion and a non-credit related portion of impairment are determined. The credit related portion is recognized in earnings and represents the expected shortfall in future cash flows. The non-credit related portion is recognized in other comprehensive income and represents the difference between the book value and the fair value of the security less any current quarter credit related impairment. For the three and six months ended June 30, 2015 and 2014, no other-than-temporary impairment charges representing credit impairment were recognized on our pooled trust preferred collateralized debt obligations. A discounted cash flow analysis provides the best estimate of credit related OTTI for these securities. Additional information related to this analysis follows: All of the pooled trust preferred collateralized debt obligations held by QNB are rated lower than AA and are measured for OTTI within the scope of ASC 325 (formerly known as EITF 99-20), Recognition of Interest Income and Impairment on Purchased Beneficial Interests and Beneficial Interests That Continue to be Held by a Transferor in Securitized Financial Assets, and Amendments to the Impairment Guidance of EITF Issue No. 99-20 them at the effective yield implicit in the security at the date of acquisition or the prospective yield for those securities with prior OTTI charges. The discounted cash flow analysis is considered to be the primary evidence when determining whether credit related other-than-temporary impairment exists. Results of a discounted cash flow test are significantly affected by other variables such as the estimate of future cash flows (including prepayments), credit worthiness of the underlying banks and insurance companies and determination of probability and severity of default of the underlying collateral. The following provides additional information for each of these variables: ● Estimate of Future Cash Flows – Cash flows are constructed in an INTEXcalc valuation model. INTEX is a proprietary cash flow model recognized as the industry standard for analyzing all types of structured debt products. It includes each deal’s structural features updated with trustee information, including asset-by-asset detail, as it becomes available. The modeled cash flows are then used to determine if all the scheduled principal and interest payments of the investments will be returned. For purposes of the cash flow analysis, relatively modest rates of prepayment of 1% were forecasted. In addition to the base prepayment assumption, due to the enactment of the Dodd-Frank Act additional prepayment analysis was performed. First, trust preferred securities issued by banks with more than $15 billion in total assets at December 31, 2009 were identified. The current credit rating of these institutions was reviewed and it was assumed that any issuer with an investment grade credit rating would prepay their issuance as soon as possible, or July 1, 2015 for bank holding company subsidiaries of foreign banking organizations that have relied on Supervision and Regulation Letter SR-01-1. For those institutions rated below investment grade the holding companies’ approximate cost of long-term funding given their rating and marketplace interest rate was estimated. The following assumption was made; any holding company that could refinance for a cost savings of more than 2% will refinance and will do so as soon as possible, or July 1, 2015. Finally, for issuers not impacted by the Tier 1 regulatory capital legislation enacted by the Dodd-Frank Act, the issuers that have shown a recent history of prepayment of both floating rate and fixed rate issues were identified and it was assumed these issuers will prepay as soon as possible. ● Credit Analysis – A quarterly credit evaluation is performed for the companies comprising the collateral across the various pooled trust preferred securities. This credit evaluation considers any available evidence and focuses on capitalization, asset quality, profitability, liquidity, stock price performance, whether the institution has received TARP funding and whether the institution has shown the ability to generate additional capital either internally or externally. ● Probability of Default – A near-term probability of default is determined for each issuer based on its financial condition and is used to calculate the expected impact of future deferrals and defaults on the expected cash flows. Each issuer in the collateral pool is assigned a near-term probability of default based on individual performance and financial characteristics. Various studies suggest that the rate of bank failures between 1934 and 2008 were approximately 0.36%. Thus, in addition to the specific bank default assumptions used for the near term, future defaults on the individual banks in the analysis for 2016 and beyond the rate used is calculated based on using the above mentioned thirty-six basis points and factoring that number based on a comparison of key financial ratios of active individual issuers without a short-term probability of default compared to all FDIC insured banks. ● Severity of Loss – In addition to the probability of default discussed above, a severity of loss (projected recovery) is determined in all cases. In the current analysis, the severity of loss ranges from 0% to 100% depending on the estimated credit worthiness of the individual issuer. Based on information from various published studies, a 95% severity of loss was utilized for defaults projected in 2016 and thereafter. Based upon the analysis performed by management as of June 30, 2015, it is probable that we will collect all contractual principal and interest payments on one of our six pooled trust preferred securities, PreTSL XIX. The expected principal shortfall on the remaining pooled trust preferred securities has resulted in credit related other-than-temporary impairment charges in previous years. All of these pooled trust preferred securities held by QNB could be subject to additional writedowns in the future if additional deferrals and defaults occur.

Note 8 - Loans and Allowance fo

Note 8 - Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	8. LOANS & ALLOWANCE FOR LOAN LOSSES Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at the principal amount outstanding, net of deferred loan fees and costs. Interest income is accrued on the principal amount outstanding. Loan origination and commitment fees and related direct costs are deferred and amortized to income over the term of the respective loan and loan commitment period as a yield adjustment. Loans held-for-sale consists of residential mortgage loans that are carried at the lower of aggregate cost or fair value. Net unrealized losses, if any, are recognized through a valuation allowance charged to income. Gains and losses on residential mortgages held-for-sale are included in non-interest income. QNB maintains an allowance for loan losses, which is intended to absorb probable known and inherent losses in the outstanding loan portfolio. The allowance is reduced by actual credit losses and is increased by the provision for loan losses and recoveries of previous losses. The provisions for loan losses are charged to earnings to bring the total allowance for loan losses to a level considered necessary by management. The allowance for loan losses is based on management’s continuing review and evaluation of the loan portfolio. The level of the allowance is determined by assigning specific reserves to individually identified problem credits and general reserves to all other loans. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. The portion of the allowance that is allocated to internally criticized and non-accrual loans is determined by estimating the inherent loss on each credit after giving consideration to the value of underlying collateral. The general component covers pools of loans by loan class including commercial loans not considered impaired, as well as smaller balance homogeneous loans, such as residential real estate, home equity and other consumer loans. These pools of loans are evaluated for loss exposure based upon historical loss rates. These loss rates are based on a three year history of charge-offs and are more heavily weighted for recent experience for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: 1. Lending policies and procedures, including underwriting standards and collection, charge-off and recovery practices. 2. Effect of external factors, such as legal and regulatory requirements. 3. National, regional, and local economic and business conditions as well as the condition of various market segments, including the value of underlying collateral for collateral dependent loans. 4. Nature and volume of the portfolio including growth. 5. Experience, ability, and depth of lending management and staff. 6. Volume and severity of past due, classified and nonaccrual loans. 7. Quality of the Company’s loan review system, and the degree of oversight by the Company’s Board of Directors. 8. Existence and effect of any concentrations of credit and changes in the level of such concentrations. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Management emphasizes loan quality and close monitoring of potential problem credits. Credit risk identification and review processes are utilized in order to assess and monitor the degree of risk in the loan portfolio. QNB’s lending and credit administration staff are charged with reviewing the loan portfolio and identifying changes in the economy or in a borrower’s circumstances which may affect the ability to repay debt or the value of pledged collateral. A loan classification and review system exists that identifies those loans with a higher than normal risk of uncollectibility. Each commercial loan is assigned a grade based upon an assessment of the borrower’s financial capacity to service the debt and the presence and value of collateral for the loan. An independent loan review group tests risk assessments and evaluates the adequacy of the allowance for loan losses. Management meets monthly to review the credit quality of the loan portfolio and quarterly to review the allowance for loan losses. In addition, various regulatory agencies, as an integral part of their examination process, periodically review QNB’s allowance for loan losses. Such agencies may require QNB to recognize additions to the allowance based on their judgments using information available to them at the time of their examination. Management believes that it uses the best information available to make determinations about the adequacy of the allowance and that it has established its existing allowance for loan losses in accordance with GAAP. If circumstances differ substantially from the assumptions used in making determinations, future adjustments to the allowance for loan losses may be necessary and results of operations could be affected. Because future events affecting borrowers and collateral cannot be predicted with certainty, there can be no assurance that increases to the allowance will not be necessary should the quality of any loans deteriorate as a result of the factors discussed above. Major classes of loans are as follows: June 30, December 31, 2015 2014 Commercial: Commercial and industrial $ 132,271 $ 118,845 Construction 19,031 23,471 Secured by commercial real estate 212,015 203,534 Secured by residential real estate 55,984 53,077 State and political subdivisions 42,178 44,104 Indirect lease financing 9,221 7,685 Retail: 1-4 family residential mortgages 38,867 37,147 Home equity loans and lines 64,896 63,213 Consumer 3,741 4,175 Total loans 578,204 555,251 Net unearned costs (fees) 52 31 Loans receivable $ 578,256 $ 555,282 Loans secured by commercial real estate include all loans collateralized at least in part by commercial real estate. These loans may not be for the expressed purpose of conducting commercial real estate transactions. Overdrafts are reclassified as loans and are included in consumer loans above and total loans on the balance sheet. At June 30, 2015 and December 31, 2014, overdrafts were approximately $102,000 and $142,000, respectively. QNB generally lends in its trade area which is comprised of Quakertown and the surrounding communities. To a large extent, QNB makes loans collateralized at least in part by real estate. Its lending activities could be affected by changes in the general economy, the regional economy, or real estate values. Other than disclosed in the table above, at June 30, 2015, there were no concentrations of loans exceeding 10% of total loans. The Company engages in a variety of lending activities, including commercial, residential real estate and consumer transactions. The Company focuses its lending activities on individuals, professionals and small to medium sized businesses. Risks associated with lending activities include economic conditions and changes in interest rates, which can adversely impact both the ability of borrowers to repay their loans and the value of the associated collateral. Commercial and industrial loans, commercial real estate loans, construction loans and residential real estate loans with a business purpose are generally perceived as having more risk of default than residential real estate loans with a personal purpose and consumer loans. These types of loans involve larger loan balances to a single borrower or groups of related borrowers and are more susceptible to a risk of loss during a downturn in the business cycle. These loans may involve greater risk because the availability of funds to repay these loans depends on the successful operation of the borrower’s business. The assets financed are used within the business for its ongoing operation. Repayment of these kinds of loans generally comes from the cash flow of the business or the ongoing conversions of assets, such as accounts receivable and inventory, to cash. Typical collateral for commercial and industrial loans includes the borrower’s accounts receivable, inventory and machinery and equipment. Commercial real estate and residential real estate loans secured for a business purpose are originated primarily within the eastern Pennsylvania market area at conservative loan-to-value ratios and often backed by the individual guarantees of the borrowers or owners. Repayment of this kind of loan is dependent upon either the ongoing cash flow of the borrowing entity or the resale of or lease of the subject property. Commercial real estate loans may be affected to a greater extent than residential loans by adverse conditions in real estate markets or the economy because commercial real estate borrowers’ ability to repay their loans depends on successful development of their properties, as well as the factors affecting residential real estate borrowers. Loans to state and political subdivisions are tax-exempt or taxable loans to municipalities, school districts and housing and industrial development authorities. These loans can be general obligations of the municipality or school district repaid through their taxing authority, revenue obligations repaid through the income generated by the operations of the authority, such as a water or sewer authority, or loans issued to a housing and industrial development agency, for which a private corporation is responsible for payments on the loans. Indirect lease financing receivables represent loans to small businesses that are collateralized by equipment. These loans tend to have higher risk characteristics but generally provide higher rates of return. These loans are originated by a third party and purchased by QNB based on criteria specified by QNB. The criteria include minimum credit scores of the borrower, term of the lease, type and age of equipment financed and geographic area. The geographic area primarily represents states contiguous to Pennsylvania. QNB is not the lessor and does not service these loans. The Company originates fixed-rate and adjustable-rate real estate-residential mortgage loans for personal purposes that are secured by first liens on the underlying 1-4 family residential properties. Credit risk exposure in this area of lending is minimized by the evaluation of the credit worthiness of the borrower, including debt-to-income ratios, credit scores and adherence to underwriting policies that emphasize conservative loan-to-value ratios of generally no more than 80%. Residential mortgage loans granted in excess of the 80% loan-to-value ratio criterion are generally insured by private mortgage insurance. The real estate-home equity portfolio consists of fixed-rate home equity loans and variable-rate home equity lines of credit. Risks associated with loans secured by residential properties are generally lower than commercial loans and include general economic risks, such as the strength of the job market, employment stability and the strength of the housing market. Since most loans are secured by a primary or secondary residence, the borrower’s continued employment is the greatest risk to repayment. The Company offers a variety of loans to individuals for personal and household purposes. Consumer loans are generally considered to have greater risk than first or second mortgages on real estate because they may be unsecured, or, if they are secured, the value of the collateral may be difficult to assess and is more likely to decrease in value than real estate. Credit risk in this portfolio is controlled by conservative underwriting standards that consider debt-to-income levels and the creditworthiness of the borrower and, if secured, collateral values. The Company employs an eight (8) grade risk rating system related to the credit quality of commercial loans, loans to state and political subdivisions and indirect lease financing of which the first four categories are pass categories (credits not adversely rated). The following is a description of the internal risk ratings and the likelihood of loss related to each risk rating. 1 - Excellent - no apparent risk 2 - Good - minimal risk 3 - Acceptable - average risk 4 - Watch List - greater than average risk 5 - Special Mention - potential weaknesses 6 - Substandard - well defined weaknesses 7 - Doubtful - full collection unlikely 8 - Loss - considered uncollectible The Company maintains a loan review system, which allows for a periodic review of our loan portfolio and the early identification of potential problem loans. Each loan officer assigns a rating to all loans in the portfolio at the time the loan is originated. Loans with risk ratings of one through three are reviewed annually based on the borrower’s fiscal year. Loans with risk ratings of four are reviewed every six to twelve months based on the dollar amount of the relationship with the borrower. Loans with risk ratings of five through eight are reviewed at least quarterly, and as often as monthly, at management’s discretion. The Company also utilizes an outside loan review firm to review the portfolio on a semi-annual basis to provide the Board of Directors and senior management an independent review of the Bank’s loan portfolio on an ongoing basis. These reviews are designed to recognize deteriorating credits in their earliest stages in an effort to reduce and control risk in the lending function as well as identifying potential shifts in the quality of the loan portfolio. The examinations by the outside loan review firm include the review of lending activities with respect to underwriting and processing new loans, monitoring the risk of existing loans and to provide timely follow-up and corrective action for loans showing signs of deterioration in quality. In addition, the outside firm reviews the methodology for the allowance for loan losses to determine compliance to policy and regulatory guidance. The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2015 and December 31, 2014: June 30, 2015 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 123,433 $ 665 $ 8,173 $ - $ 132,271 Construction 19,010 - 21 - 19,031 Secured by commercial real estate 192,524 2,047 17,444 - 212,015 Secured by residential real estate 53,038 718 2,228 - 55,984 State and political subdivisions 40,890 - 1,288 - 42,178 Indirect lease financing 9,014 - 207 - 9,221 $ 437,909 $ 3,430 $ 29,361 $ - $ 470,700 December 31, 2014 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 111,560 $ 42 $ 7,243 $ - $ 118,845 Construction 22,981 128 362 - 23,471 Secured by commercial real estate 178,339 2,418 22,777 - 203,534 Secured by residential real estate 50,172 408 2,497 - 53,077 State and political subdivisions 42,771 - 1,333 - 44,104 Indirect lease financing 7,543 - 142 - 7,685 $ 413,366 $ 2,996 $ 34,354 $ - $ 450,716 For retail loans, the Company evaluates credit quality based on the performance of the individual credits. The following tables present the recorded investment in the retail classes of the loan portfolio based on payment activity as of June 30, 2015 and December 31, 2014: June 30, 2015 Performing Non- performing Total Retail: 1-4 family residential mortgages $ 38,453 $ 414 $ 38,867 Home equity loans and lines 64,804 92 64,896 Consumer 3,741 - 3,741 $ 106,998 $ 506 $ 107,504 December 31, 2014 Performing Non- performing Total Retail: 1-4 family residential mortgages $ 36,922 $ 225 $ 37,147 Home equity loans and lines 63,109 104 63,213 Consumer 4,174 1 4,175 $ 104,205 $ 330 $ 104,535 The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio summarized by the past due status as of June 30, 2015 and December 31, 2014: June 30, 2015 30-59 days past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ 486 - $ 11 $ 497 $ 131,774 $ 132,271 Construction - - - - 19,031 19,031 Secured by commercial real estate 404 $ 105 1,151 1,660 210,355 212,015 Secured by residential real estate 136 341 264 741 55,243 55,984 State and political subdivisions - - - - 42,178 42,178 Indirect lease financing 91 40 90 221 9,000 9,221 Retail: 1-4 family residential mortgages - - 199 199 38,668 38,867 Home equity loans and lines 185 - - 185 64,711 64,896 Consumer 10 4 - 14 3,727 3,741 $ 1,312 $ 490 $ 1,715 $ 3,517 $ 574,687 $ 578,204 December 31, 2014 30-59 days past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial - - - - $ 118,845 $ 118,845 Construction $ 466 - - $ 466 23,005 23,471 Secured by commercial real estate 28 $ 332 $ 3,747 4,107 199,427 203,534 Secured by residential real estate 600 574 - 1,174 51,903 53,077 State and political subdivisions - - - - 44,104 44,104 Indirect lease financing 291 - - 291 7,394 7,685 Retail: 1-4 family residential mortgages 526 - - 526 36,621 37,147 Home equity loans and lines 66 49 - 115 63,098 63,213 Consumer 16 8 - 24 4,151 4,175 $ 1,993 $ 963 $ 3,747 $ 6,703 $ 548,548 $ 555,251 The following tables disclose the recorded investment in loans receivable that are either on non-accrual status or past due 90 days or more and still accruing interest as of June 30, 2015 and December 31, 2014: June 30, 2015 90 days or more past due (still accruing) Non-accrual Commercial: Commercial and industrial - $ 3,526 Construction - - Secured by commercial real estate - 4,302 Secured by residential real estate - 1,489 State and political subdivisions - - Indirect lease financing $ 90 - Retail: 1-4 family residential mortgages - 414 Home equity loans and lines - 92 Consumer - - $ 90 $ 9,823 December 31, 2014 90 days or more past due (still accruing) Non-accrual Commercial: Commercial and industrial $ - $ 2,171 Construction - 337 Secured by commercial real estate - 6,465 Secured by residential real estate - 1,467 State and political subdivisions - - Indirect lease financing - - Retail: 1-4 family residential mortgages - 225 Home equity loans and lines - 104 Consumer - 1 $ - $ 10,770 Activity in the allowance for loan losses for the three months ended June 30, 2015 and 2014 are as follows: Three months ended June 30, 2015 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,875 $ (251 ) $ (30 ) $ 9 $ 1,603 Construction 285 (136 ) - - 149 Secured by commercial real estate 2,569 141 (57 ) 2 2,655 Secured by residential real estate 1,666 266 (313 ) 16 1,635 State and political subdivisions 253 (21 ) - - 232 Indirect lease financing 95 25 - 1 121 Retail: 1-4 family residential mortgages 308 5 - - 313 Home equity loans and lines 479 (12 ) - 7 474 Consumer 85 4 (23 ) 5 71 Unallocated 363 39 N/A N/A 402 $ 7,978 $ 60 $ (423 ) $ 40 $ 7,655 Three months ended June 30, 2014 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,308 $ 55 $ - $ 44 $ 2,407 Construction 391 (151 ) - - 240 Secured by commercial real estate 2,757 (157 ) - - 2,600 Secured by residential real estate 1,465 238 - 5 1,708 State and political subdivisions 293 (79 ) - - 214 Loans to depository institutions 3 (2 ) - - 1 Indirect lease financing 106 (19 ) - 5 92 Retail: 1-4 family residential mortgages 314 58 - - 372 Home equity loans and lines 602 (127 ) (34 ) 79 520 Consumer 63 22 (28 ) 10 67 Unallocated 517 162 N/A N/A 679 $ 8,819 $ - $ (62 ) $ 143 $ 8,900 Activity in the allowance for loan losses for the six months ended June 30, 2015 and 2014 are as follows: Six months ended June 30, 2015 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,892 $ (278 ) $ (30 ) $ 19 $ 1,603 Construction 297 (148 ) - - 149 Secured by commercial real estate 2,700 36 (85 ) 4 2,655 Secured by residential real estate 1,630 304 (317 ) 18 1,635 State and political subdivisions 221 11 - - 232 Indirect lease financing 93 26 (8 ) 10 121 Retail: 1-4 family residential mortgages 312 1 - - 313 Home equity loans and lines 453 9 - 12 474 Consumer 85 15 (41 ) 12 71 Unallocated 318 84 N/A N/A 402 $ 8,001 $ 60 $ (481 ) $ 75 $ 7,655 Six months ended June 30, 2014 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,044 $ 329 $ (17 ) $ 51 $ 2,407 Construction 439 (199 ) - - 240 Secured by commercial real estate 2,898 (298 ) - - 2,600 Secured by residential real estate 1,632 68 (1 ) 9 1,708 State and political subdivisions 186 28 - - 214 Loans to depository institutions 4 (3 ) - - 1 Indirect lease financing 103 (14 ) (6 ) 9 92 Retail: 1-4 family residential mortgages 303 69 - - 372 Home equity loans and lines 583 (40 ) (121 ) 98 520 Consumer 64 50 (71 ) 24 67 Unallocated 669 10 N/A N/A 679 $ 8,925 $ - $ (216 ) $ 191 $ 8,900 As previously discussed, the Company maintains a loan review system, which includes a continuous review of the loan portfolio by internal and external parties to aid in the early identification of potential impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial loans, loans to state and political subdivisions and indirect lease financing loans by using either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential mortgage loans for impairment disclosures, unless such loans are part of a larger relationship that is impaired, or are classified as a troubled debt restructuring. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of the majority of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. For commercial loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For commercial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable agings or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. From time to time, QNB may extend, restructure, or otherwise modify the terms of existing loans, on a case-by-case basis, to remain competitive and retain certain customers, as well as assist other customers that may be experiencing financial difficulties. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates to less than the current market rate for new obligations with similar risk. Loans classified as TDRs are considered non-performing and are also designated as impaired. The concessions made for TDRs involve lowering the monthly payments on loans through periods of interest only payments, a reduction in interest rate below a market rate or an extension of the term of the loan without a corresponding adjustment to the risk premium reflected in the interest rate, or a combination of these three methods. The restructurings rarely result in the forgiveness of principal or accrued interest. If the borrower has demonstrated performance under the previous terms and our underwriting process shows the borrower has the capacity to continue to perform under the restructured terms, the loan will continue to accrue interest. Non-accruing restructured loans may be returned to accrual status when there has been a sustained period of repayment performance (generally six consecutive months of payments) and both principal and interest are deemed collectible. TDR loans that are in compliance with their modified terms and that yield a market rate may be removed from the TDR status after a period of performance. Performing TDRs (not reported as non-accrual or past due 90 days or more and still accruing) totaled $2,177,000 and $1,897,000 as of June 30, 2015 and December 31, 2014, respectively. Non-performing TDRs totaled $3,064,000 and $3,690,000 as of June 30, 2015 and December 31, 2014, respectively. All TDRs are included in impaired loans. The following table illustrates the specific reserve for loan losses allocated to loans modified as TDRs. These specific reserves are included in the allowance for loan losses for loans individually evaluated for impairment. June 30, 2015 December 31, 2014 Unpaid principal balance Related allowance Unpaid principal balance Related allowance TDRs with no specific allowance recorded $ 4,367 - $ 4,588 - TDRs with an allowance recorded 874 $ 674 999 $ 813 $ 5,241 $ 674 $ 5,587 $ 813 There were no TDR concessions made during the six months ended June 30, 2015. As of June 30, 2015 and December 31, 2014, QNB had commitments of $1,935,000 and $1,729,000, respectively, to lend additional funds to customers with loans whose terms have been modified in troubled debt restructurings. There were charge-offs of $0 and $35,000 during the six months ended June 30, 2015 and 2014, respectively, resulting from loans previously modified as TDRs. There were no loans modified as TDRs during 2015 and the three months ended June 30, 2015 and 2014. The following table presents loans by loan class modified as TDRs during the six months ended June 30, 2015 and 2014. The pre-modification and post-modification outstanding recorded investments disclosed in the tables below, represent carrying amounts immediately prior to the modification and at June 30, 2014. Six months ended June 30, 2015 2014 Number of contracts Pre -modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post -modification outstanding recorded investment Commercial: Commercial and industrial - $ - $ - 1 $ 288 $ 233 - $ - $ - 1 $ 288 $ 233 The following tables present loans modified as TDRs within 12 months prior to June 30, 2015 and 2014 for which there was a payment default (60 days or more past due) during the three and six months ended June 30, 2015 and 2014. Three months ended June 30, 2015 2014 TDRs Subsequently Defaulted Number of contracts Recorded investment Number of contracts Recorded investment Commercial: Secured by residential real estate - $ - 12 $ 658 - $ - 12 $ 658 Six months ended June 30, 2015 2014 TDRs Subsequently Defaulted Number of contracts Recorded investment Number of contracts Recorded investment Commercial: Secured by residential real estate - $ - 12 $ 658 - $ - 12 $ 658 The following tables present the balance in the allowance for loan losses at June 30, 2015 and December 31, 2014 disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class, excluding unearned fees and costs, disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable June 30, 2015 Balance Balance related to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 1,603 $ 757 $ 846 $ 132,271 $ 7,870 $ 124,401 Construction 149 - 149 19,031 348 18,683 Secured by commercial real estate 2,655 - 2,655 212,015 7,810 204,205 Secured by residential real estate 1,635 43 1,592 55,984 1,489 54,495 State and political subdivisions 232 - 232 42,178 - 42,178 Indirect lease financing 121 - 121 9,221 11 9,210 Retail: 1-4 family residential mortgages 313 39 274 38,867 528 38,339 Home equity loans and lines 474 - 474 64,896 117 64,779 Consumer 71 - 71 3,741 - 3,741 Unallocated 402 N/A N/A N/A N/A N/A $ 7,655 $ 839 $ 6,414 $ 578,204 $ 18,173 $ 560,031 Allowance for Loan Losses Loans Receivable December 31, 2014 Balance Balance related to loans individually evaluated for i mpairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively e valuated for impairment Commercial: Commercial and industrial $ 1,892 $ 1,095 $ 797 $ 118,845 $ 7,115 $ 111,730 Construction 297 - 297 23,471 362 23,109 Secured by commercial real estate 2,700 - 2,700 203,534 11,546 191,988 Secured by residential real estate 1,630 91 1,539 53,077 1,567 51,510 State and political subdivisions 221 - 221 44,104 - 44,104 Indirect lease financing 93 - 93 7,685 16 7,669 Retail: 1-4 family residential mortgages 312 4 308 37,147 341 36,806 Home equity loans and lines 453 4 449 63,213 129 63,084 Consumer 85 - 85 4,175 1 4,174 Unallocated 318 N/A N/A N/A N/A N/A $ 8,001 $ 1,194 $ 6,489 $ 555,251 $ 21,077 $ 534,174 The following tables summarize additional information in regards to impaired loans by loan portfolio class as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 Recorded investment (after charge-offs) Unpaid principal balance Related allowance Recorded investment (after c harge-offs) Unpaid principal balance Related allowance With no specific allowance recorded: Commercial: Commercial and industrial $ 6,987 $ 7,161 $ - $ 5,894 $ 6,056 $ - Construction 348 348 - 362 444 - Secured by commercial real estate 7,810 8,368 - 11,546 12,198 - Secured by residential real estate 1,228 1,936 - 903 1,427 - State and political subdivisions - - - - - - Indirect lease financing 11 11 - 16 16 - Retail: 1-4 family residential mortgages 215 246 - 225 250 - Home equity loans and lines 117 163 - 72 93 - Consumer - - - 1 1 - $ 16,716 $ 18,233 $ - $ 19,019 $ 20,485 $ - With an allowance recorded: Commercial: Commercial and

Note 9 - Fair Value Measurement

Note 9 - Fair Value Measurements and Disclosures	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	9. FAIR VALUE MEASUREMENTS AND DISCLOSURES Financial Accounting Standards Board (FASB) ASC 820, Fair Value Measurements and Disclosures, defines fair value as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants (fair values are not adjusted for transaction costs). ASC 820 also establishes a framework (fair value hierarchy) for measuring fair value under GAAP, and expands disclosures about fair value measurements. ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The measurement of fair value should be consistent with one of the following valuation techniques: market approach, income approach, and/or cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). For example, valuation techniques consistent with the market approach often use market multiples derived from a set of comparables. Multiples might lie in ranges with a different multiple for each comparable. The selection of where within the range the appropriate multiple falls requires judgment, considering factors specific to the measurement (qualitative and quantitative). Valuation techniques consistent with the market approach include matrix pricing. Matrix pricing is a mathematical technique used principally to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the security’s relationship to other benchmark quoted securities. The following table sets forth QNB’s financial assets measured at fair value on a recurring and nonrecurring basis and the fair value measurements by level within the fair value hierarchy as of June 30, 2015: June 30, 2015 Quoted prices in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Trading Securities State and municipal securities $ - $ 3,871 $ - $ 3,871 Securities available-for-sale U.S. Government agency securities - $ 42,263 - $ 42,263 State and municipal securities - 73,938 - 73,938 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities - 120,943 - 120,943 Collateralized mortgage obligations (CMOs) - 76,738 - 76,738 Pooled trust preferred securities - - $ 2,694 2,694 Corporate debt securities - 6,036 - 6,036 Equity securities $ 7,619 - - 7,619 Total securities available-for-sale $ 7,619 $ 319,918 $ 2,694 $ 330,231 Total recurring fair value measurements $ 7,619 $ 323,789 $ 2,694 $ 334,102 Nonrecurring fair value measurements Impaired loans $ - - $ 749 $ 749 Other real estate owned - $ 50 - 50 Mortgage servicing rights - - 60 60 Total nonrecurring fair value measurements $ - $ 50 $ 809 $ 859 There were no transfers in and out of Level 1 fair value measurements during the six months ended June 30, 2015. There was one transfer for $50,000 from level 3 into level 2 fair value for the same period. This related to a property held in other real estate owned that was under agreement of sale at June 30, 2015. There were no losses included in earnings attributable to the change in unrealized gains or losses relating to the available-for-sale securities above with fair value measurements utilizing significant unobservable inputs for the six-month period ended June 30, 2015. The following table sets forth QNB’s financial assets measured at fair value on a recurring and nonrecurring basis, the fair value measurements by level within the fair value hierarchy as of December 31, 2014: December 31, 2014 Quoted prices in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Trading Securities State and municipal securities $ - $ 4,207 $ - $ 4,207 Securities available-for-sale U.S. Government agency securities - $ 62,665 - $ 62,665 State and municipal securities - 72,569 - 72,569 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities - 136,192 - 136,192 Collateralized mortgage obligations (CMOs) - 87,662 - 87,662 Pooled trust preferred securities - - $ 2,439 2,439 Corporate debt securities - 6,037 - 6,037 Equity securities $ 7,655 - - 7,655 Total securities available-for-sale $ 7,655 $ 365,125 $ 2,439 $ 375,219 Total recurring fair value measurements $ 7,655 $ 369,332 $ 2,439 $ 379,426 Nonrecurring fair value measurements Impaired loans $ - $ - $ 3,715 $ 3,715 Mortgage servicing rights - - 112 112 Total nonrecurring fair value measurements $ - $ - $ 3,827 $ 3,827 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which QNB has utilized Level 3 inputs to determine fair value: Quantitative information about Level 3 fair value measurements Fair value Valuation techniques Unobservable input Value or range of values June 30, 2015 - Impaired loans $ 638 Appraisal of collateral (1) Appraisal adjustments (2) -20% to -100 % Liquidation expenses (3) -10 % June 30, 2015 - Impaired loans 111 Discounted cash flow (4) Discount rate 6.375 % June 30, 2015 - Mortgage servicing rights 60 Discounted cash flow Remaining term 2 - 28 yrs Discount rate 10% to 12 % Quantitative information about Level 3 fair value measurements Fair value Valuation techniques Unobservable input Value or range of values December 31, 2014 - Impaired loans $ 953 Appraisal of collateral (1) Appraisal adjustments (2) -20% to -100 % Liquidation expenses (3) -10 % December 31, 2014 - Impaired loans 112 Discounted cash flow (4) Discount rate 6.375 % December 31, 2014 - Impaired loans 2,650 Agreement of sale (5) December 31, 2014 - Mortgage servicing rights 112 Discounted cash flow Remaining term 2 - 28 yrs Discount rate 10% to 12 % (1) Fair value is primarily determined through appraisals of the underlying collateral by independent parties, which generally includes various level 3 inputs which are not always identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and the age of the appraisal. The range is presented as a percent of the initial appraised value. (3) Appraisals and pending agreements of sale are adjusted by management for estimated liquidation expenses. The range is presented as a percent of the initial appraised value. (4) Fair value is determined using the cash flow of the borrower and the effective interest rate of the original note. (5) Fair value is determined by the net amount due. The following table presents additional information about the securities available-for-sale measured at fair value on a recurring basis and for which QNB utilized significant unobservable inputs (Level 3 inputs) to determine fair value for the six months ended June 30, 2015: Fair value measurements using significant unobservable inputs (Level 3) Balance, January 1, 2015 $ 2,439 Payments received (18 ) Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income 273 Transfers in and/or out of Level 3 - Balance, June 30, 2015 $ 2,694 The Level 3 securities consist of six collateralized debt obligation securities, PreTSL securities, which are backed by trust preferred securities issued by banks, thrifts, and insurance companies. As discussed in Note 7, despite the fact that there were some trades during 2015, the market for these securities at June 30, 2015 was not active and markets for similar securities also are not active. The inactivity was evidenced first by a significant widening of the bid-ask spread in the brokered markets in which PreTSLs trade and then by a significant decrease in the volume of trades relative to historical levels. The new issue market is also inactive and there are currently very few market participants who are willing and or able to transact for these securities. Given conditions in the debt markets today and the absence of observable transactions in the secondary and new issue markets, we determined: ● The few observable transactions and market quotations that are available are not reliable for purposes of determining fair value at June 30, 2015; ● An income valuation approach technique (present value technique) that maximizes the use of relevant observable inputs and minimizes the use of unobservable inputs will be equally or more representative of fair value than the market approach valuation technique used at prior measurement dates; and ● PreTSLs will be classified within Level 3 of the fair value hierarchy because significant adjustments are required to determine fair value at the measurement date. The Bank is aware of several factors indicating that recent transactions of PreTSL securities are not orderly including an increased spread between bid/ask prices, lower sales transaction volumes for these types of securities, and a lack of new issuances. As a result, the Bank engaged an independent third party to value the securities using a discounted cash flow analysis. The estimated cash flows are based on specific assumptions about defaults, deferrals and prepayments of the trust preferred securities underlying each PreTSL. The resulting collateral cash flows are allocated to the bond waterfall using the INTEXcalc valuation model. Default rates are calculated based upon a comparison of key financial ratios of active individual issuers without a short-term probability of default compared to all FDIC insured banks. The base loss severity assumption and long-term loss severity assumptions are modeled at 95%. The severity factor for near-term default is vectored to reflect the relative expected performance of the institutions modeled to default, with lower forecasted severities used for the higher quality institutions. Prepayments are modeled to take into account the disruption in the asset-backed securities marketplace and the lack of new pooled trust preferred issuances. For those institutions rated below investment grade the holding companies’ approximate cost of long-term funding given their rating and marketplace interest rate was estimated. The following assumption was made; any holding company that could refinance for a cost savings of more than 2% will refinance and will do so as soon as possible, or no later than July 1, 2015. Finally, for issuers not impacted by the Tier 1 regulatory capital legislation enacted by the Dodd-Frank Act, the issuers that have shown a recent history of prepayment of both floating rate and fixed rate issues were identified and it was assumed these issuers will prepay as soon as possible. The internal rate of return is the pre-tax yield used to discount the best estimate of future cash flows after credit losses. The cash flows have been discounted using estimated market discount rates of 3-month LIBOR plus spreads ranging from 3.46% to 7.90%. The determination of appropriate market discount rates involved the consideration of the following: ● the time value of money ● the price for bearing uncertainty in cash flows ● other factors that would be considered by market participants The analysis of discount rates involved the review of corporate bond spreads for banks, U.S. Treasury yields, credit default swap rates for financial companies (utilized as a proxy for credit), the swap/LIBOR yield curve and the characteristics of the individual securities being valued. For a further discussion of PreTSL valuation, see Note 7, Investment Securities. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of QNB’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between QNB’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of each major classification of financial instrument and non-financial asset at June 30, 2015 and December 31, 2014: Cash and cash equivalents, accrued interest receivable and accrued interest payable (carried at cost) Investment securities - trading (carried at fair value), available for sale (carried at fair value) and held-to-maturity (carried at amortized cost): Restricted investment in bank stocks (carried at cost) Loans Held-for-Sale (carried at lower of cost or fair value) Loans Receivable (carried at cost) Impaired Loans (generally carried at fair value) Mortgage Servicing Rights (carried at lower of cost or fair value) Foreclosed assets (other real estate owned and repossessed assets) Deposit liabilities (carried at cost) sources of funding. Deposits with a stated maturity (time deposits) have been valued using the present value of cash flows discounted at rates approximating the current market for similar deposits. Short-term borrowings (carried at cost) Off-balance-sheet instruments (disclosed at cost) Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction on the dates indicated. The estimated fair value amounts have been measured as of the respective period ends and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each period end. The estimated fair values and carrying amounts of the Company’s financial and off-balance sheet instruments are summarized as follows: Fair value measurements June 30, 2015 Carrying amount Fair value Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservabl e inputs (Level 3) Financial assets Cash and cash equivalents $ 20,624 $ 20,624 $ 20,624 - - Investment securities: Trading 3,871 3,871 - $ 3,871 - Available-for-sale 330,231 330,231 7,619 319,918 $ 2,694 Held-to-maturity 146 154 - 154 - Restricted investment in bank stocks 508 508 - 508 - Loans held-for-sale 466 475 - 475 - Net loans 570,601 565,261 - - 565,261 Mortgage servicing rights 521 667 - - 667 Accrued interest receivable 2,324 2,324 - 2,324 - Financial liabilities Deposits with no stated maturities $ 591,937 $ 591,937 $ 591,937 - - Deposits with stated maturities 234,144 234,954 - $ 234,954 - Short-term borrowings 32,896 32,896 32,896 - - Accrued interest payable 337 337 - 337 - Off-balance sheet instruments Commitments to extend credit $ - $ - $ - $ - $ - Standby letters of credit - - - - - Fair value measurements December 31, 2014 Carrying amount Fair value Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 18,245 $ 18,245 $ 18,245 - - Investment securities: Trading 4,207 4,207 - $ 4,207 - Available-for-sale 375,219 375,219 7,655 365,125 $ 2,439 Held-to-maturity 146 156 - 156 - Restricted investment in bank stocks 647 647 - 647 - Loans held-for-sale 380 394 - 394 - Net loans 547,281 544,126 - - 544,126 Mortgage servicing rights 504 601 - - 601 Accrued interest receivable 2,568 2,568 - 2,568 - Financial liabilities Deposits with no stated maturities $ 608,345 $ 608,345 $ 608,345 - $ - Deposits with stated maturities 243,247 244,152 - $ 244,152 - Short-term borrowings 35,189 35,189 35,189 - - Accrued interest payable 344 344 - 344 - Off-balance sheet instruments Commitments to extend credit $ - $ - $ - $ - $ - Standby letters of credit - - - - -

Note 10 - Off-balance-sheet Fin

Note 10 - Off-balance-sheet Financial Instruments and Guarantees	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	10. OFF-BALANCE-SHEET FINANCIAL INSTRUMENTS AND GUARANTEES In the normal course of business there are various legal proceedings, commitments, and contingent liabilities which are not reflected in the financial statements. Management does not anticipate any material losses as a result of these transactions and activities. They include, among other things, commitments to extend credit and standby letters of credit. The maximum exposure to credit loss, which represents the possibility of sustaining a loss due to the failure of the other parties to a financial instrument to perform according to the terms of the contract, is represented by the contractual amount of these instruments. QNB uses the same lending standards and policies in making credit commitments as it does for on-balance sheet instruments. The activity is controlled through credit approvals, control limits, and monitoring procedures. A summary of the Bank's financial instrument commitments is as follows: June 30, December 31, 2015 2014 Commitments to extend credit and unused lines of credit $ 220,961 $ 203,496 Standby letters of credit 5,442 6,276 Total financial instrument commitments $ 226,403 $ 209,772 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. QNB evaluates each customer’s creditworthiness on a case-by-case basis. Standby letters of credit are conditional commitments issued by the Bank to guarantee the financial or performance obligation of a customer to a third party. QNB’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for standby letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making conditional obligations as it does for on-balance sheet instruments. These standby letters of credit expire within three years. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending other loan commitments. The Bank requires collateral and personal guarantees supporting these letters of credit as deemed necessary. Management believes that the proceeds obtained through a liquidation of such collateral and the enforcement of personal guarantees would be sufficient to cover the maximum potential amount of future payments required under the corresponding guarantees. The amount of the liability as of June 30, 2015 and December 31, 2014 for guarantees under standby letters of credit issued is not material. The amount of collateral obtained for letters of credit and commitments to extend credit is based on management’s credit evaluation of the customer. Collateral varies, but may include real estate, accounts receivable, marketable securities, pledged deposits, inventory or equipment.

Note 11 - Regulatory Restrictio

Note 11 - Regulatory Restrictions	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	11. REGULATORY RESTRICTIONS Dividends payable by the Company and the Bank are subject to various limitations imposed by statutes, regulations and policies adopted by bank regulatory agencies. Under Pennsylvania banking law, the Bank is subject to certain restrictions on the amount of dividends that it may declare without prior regulatory approval. Under Federal Reserve regulations, the Bank is limited as to the amount it may lend affiliates, including QNB Corp., unless such loans are collateralized by specific obligations. Both the Company and the Bank are subject to regulatory capital requirements administered by Federal banking agencies. Failure to meet minimum capital requirements can initiate actions by regulators that could have an effect on the financial statements. Under the framework for prompt corrective action, both the Company and the Bank must meet capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items. The capital amounts and classification are also subject to qualitative judgments by the regulators. Management believes, as of June 30, 2015, that the Company and the Bank met capital adequacy requirements to which they were subject. As of the most recent notification, the primary regulator of the Bank considered it to be “well capitalized” under the regulatory framework. There are no conditions or events since that notification that management believes have changed the classification. To be categorized as well capitalized, the Company and the Bank must maintain minimum ratios as set forth in the following table. Capital levels Actual Minimum required Well capitalized As of June 30, 2015 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 96,010 13.05 % $ 58,844 8.00 % $ 73,555 10.00 % Bank 88,793 12.45 57,078 8.00 71,348 10.00 Tier I capital (to risk-weighted assets): Consolidated $ 88,241 12.00 % $ 44,133 6.00 $ 44,133 6.00 Bank 81,079 11.36 42,809 6.00 57,078 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 88,241 12.00 % $ 33,100 4.50 N/A N/A Bank 81,079 11.36 32,106 4.50 46,376 6.50 Tier I capital (to average assets): Consolidated $ 88,241 9.18 % $ 38,443 4.00 N/A N/A Bank 81,079 8.50 38,159 4.00 47,699 5.00 Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2014 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 93,927 14.06 % $ 53,425 8.00 % N/A N/A Bank 86,884 13.14 52,891 8.00 $ 66,114 10.00 % Tier I capital (to risk-weighted assets): Consolidated 85,439 12.79 26,713 4.00 N/A N/A Bank 78,824 11.92 26,446 4.00 39,669 6.00 Tier I capital (to average assets): Consolidated 85,439 8.65 39,501 4.00 N/A N/A Bank 78,824 8.04 39,237 4.00 49,047 5.00

Note 3 - Stock-based Compensa21

Note 3 - Stock-based Compensation and Shareholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Six months ended June 30, 2015 2014 Risk free interest rate 1.06 % 0.69 % Dividend yield 3.86 4.28 Volatility 26.74 28.12 Expected life (years) 5.00 5.00
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2014 88,375 $ 23.27 Granted 21,000 29.25 Exercised 11,650 17.73 Forfeited 12,650 31.87 Outstanding at June 30, 2015 85,075 $ 24.22 2.74 $ 440 Exercisable at June 30, 2015 30,875 $ 20.85 1.12 $ 264 Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2013 115,800 $ 23.51 Granted 20,000 25.16 Exercised 12,950 17.28 Forfeited 15,000 33.25 Outstanding at June 30, 2014 107,850 $ 23.21 2.43 $ 442 Exercisable at June 30, 2014 46,050 $ 23.20 0.97 $ 239

Note 5 - Earnings Per Share (Ta

Note 5 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 Numerator for basic and diluted earnings per share - net income $ 1,934 $ 2,172 $ 4,070 $ 4,468 Denominator for basic earnings per share - weighted average shares outstanding 3,333,018 3,285,052 3,327,384 3,280,532 Effect of dilutive securities - employee stock options 13,515 12,390 12,734 11,560 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 3,346,533 3,297,442 3,340,118 3,292,092 Earnings per share - basic $ 0.58 $ 0.66 $ 1.22 $ 1.36 Earnings per share - diluted 0.58 0.66 1.22 1.36

Note 6 - Comprehensive Income (

Note 6 - Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	June 30, December 31, 2015 2014 Unrealized net holding gains on available-for-sale securities $ 820 $ 1,975 Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings (376 ) (600 ) Accumulated other comprehensive income 444 1,375 Tax effect (151 ) (468 ) Accumulated other comprehensive income, net of tax $ 293 $ 907
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Three months ended June 30, 2015 Amount reclassified from accumulated other comprehensive income Details about accumulated other comprehensive income 2015 2014 Affected line item in statement of income Unrealized net holding gains on available-for-sale securities $ 214 $ 285 Net gain on sale of investment securities Tax effect (73 ) (96 ) Provision for income taxes Total reclass out of accumulated other comprehensive income, net of tax $ 141 $ 189 Net of tax Six months ended June 30, 2015 Amount reclassified from accumulated other comprehensive income Details about accumulated other comprehensive income 2015 2014 Affected line item in statement of income Unrealized net holding gains on available-for-sale securities $ 717 $ 907 Net gain on sale of investment securities Tax effect (244 ) (308 ) Provision for income taxes Total reclass out of accumulated other comprehensive income, net of tax $ 473 $ 599 Net of tax

Note 7 - Investment Securities

Note 7 - Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Trading Securities [Table Text Block]	June 30, December 31, 2015 2014 State and municipal securities $ 3,871 $ 4,207
Available-for-sale Securities [Table Text Block]	Gross Gross unrealized unrealized Fair holding holding Amortized June 30, 2015 value gains losses cost U.S. Government agency $ 42,263 $ 171 $ (225 ) $ 42,317 State and municipal 73,938 1,255 (328 ) 73,011 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 120,943 1,464 (559 ) 120,038 Collateralized mortgage obligations (CMOs) 76,738 341 (1,088 ) 77,485 Pooled trust preferred 2,694 215 (1,022 ) 3,501 Corporate debt 6,036 25 (7 ) 6,018 Equity 7,619 448 (246 ) 7,417 Total investment securities available-for-sale $ 330,231 $ 3,919 $ (3,475 ) $ 329,787 Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2014 value gains losses cost U.S. Government agency $ 62,665 $ 212 $ (472 ) $ 62,925 State and municipal 72,569 1,500 (150 ) 71,219 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 136,192 1,819 (466 ) 134,839 Collateralized mortgage obligations (CMOs) 87,662 330 (1,300 ) 88,632 Pooled trust preferred 2,439 160 (1,240 ) 3,519 Corporate debt 6,037 30 - 6,007 Equity 7,655 1,022 (70 ) 6,703 Total investment securities available-for-sale $ 375,219 $ 5,073 $ (3,698 ) $ 373,844
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized June 30, 2015 Fair value cost Due in one year or less $ 5,129 $ 5,076 Due after one year through five years 230,192 229,515 Due after five years through ten years 64,725 64,452 Due after ten years 22,566 23,327 Equity securities 7,619 7,417 Total investment securities available-for-sale $ 330,231 $ 329,787 Amortized June 30, 2015 Fair value cost Due in one year or less - - Due after one year through five years $ 154 $ 146 Due after five years through ten years - - Due after ten years - - Total investment securities held-to-maturity $ 154 $ 146
Realized Gain (Loss) on Investments [Table Text Block]	Three months ended June 30, 2015 Three months ended June 30, 2014 Other-than- Other-than- Gross Gross temporary Gross Gross temporary realized realized impairment realized realized impairment gains losses losses Net gains gains losses losses Net gains Equity securities $ 204 $ (23 ) $ - $ 181 $ 280 $ (6 ) $ - $ 274 Debt securities 66 (33 ) - 33 74 (63 ) - 11 Total $ 270 $ (56 ) $ - $ 214 $ 354 $ (69 ) $ - $ 285 Six months ended June 30, 2015 Six months ended June 30, 2014 Other-than- Other-than- Gross Gross temporary Gross Gross temporary realized realized impairment realized realized impairment gains losses losses Net gains gains losses losses Net gains Equity securities $ 630 $ (23 ) $ - $ 607 $ 870 $ (6 ) $ - $ 864 Debt securities 154 (44 ) - 110 137 (94 ) - 43 Total $ 784 $ (67 ) $ - $ 717 $ 1,007 $ (100 ) $ - $ 907
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]	Six months ended June 30, 2015 2014 Balance, beginning of period $ 1,153 $ 1,271 Reductions: gain on payoff - - Additions: Initial credit impairments - - Subsequent credit impairments - - Balance, end of period $ 1,153 $ 1,271
Held-to-maturity Securities [Table Text Block]	Held-To-Maturity June 30, 2015 December 31, 2014 Gross Gross Gross Gross unrealized unrealized unrealized unrealized Amortized holding holding Fair Amortized holding holding Fair cost gains losses value cost gains losses value State and municipal securities $ 146 $ 8 - $ 154 $ 146 $ 10 - $ 156
Schedule of Unrealized Loss on Investments [Table Text Block]	June 30, 2015 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 17 $ 16,484 $ (144 ) $ 7,166 $ (81 ) $ 23,650 $ (225 ) State and municipal 68 23,711 (267 ) 4,522 (61 ) 28,233 (328 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 33 38,711 (492 ) 2,536 (67 ) 41,247 (559 ) Collateralized mortgage obligations (CMOs) 42 20,555 (146 ) 29,614 (942 ) 50,169 (1,088 ) Pooled trust preferred 5 - - 2,191 (1,022 ) 2,191 (1,022 ) Corporate debt 1 1,005 (7 ) - - 1,005 (7 ) Equity 15 3,487 (228 ) 250 (18 ) 3,737 (246 ) Total 181 $ 103,953 $ (1,284 ) $ 46,279 $ (2,191 ) $ 150,232 $ (3,475 ) December 31, 2014 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 29 $ 15,466 $ (30 ) $ 23,941 $ (442 ) $ 39,407 $ (472 ) State and municipal 39 3,452 (31 ) 11,964 (119 ) 15,416 (150 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 34 6,521 (15 ) 38,586 (451 ) 45,107 (466 ) Collateralized mortgage obligations (CMOs) 51 2,003 (205 ) 35,687 (1,095 ) 37,690 (1,300 ) Pooled trust preferred 5 - - 1,978 (1,240 ) 1,978 (1,240 ) Equity 7 1,303 (70 ) - - 1,303 (70 ) Total 165 $ 28,745 $ (351 ) $ 112,156 $ (3,347 ) $ 140,901 $ (3,698 )
Schedule of Pooled Trust Preferred Securities [Table Text Block]	Deal Class Book value Fair value Unrealized gains (losses) Realized OTTI credit loss (YTD 2015) Total recognized OTTI credit loss Moody's /Fitch ratings Current number of performing banks Current number of performing insurance companies Actual deferrals and defaults as a % of total collateral Total performing collateral as a % of outstanding bonds PreTSL IV Mezzanine* $ 243 $ 215 $ (28 ) $ - $ (1 ) B1/B 5 - 18.0 % 140.5 % PreTSL XVII Mezzanine 752 565 (187 ) - (222 ) C/C 31 5 30.4 85.9 PreTSL XIX Mezzanine 987 556 (431 ) - - Caa3/C 40 12 12.2 94.4 PreTSL XXV Mezzanine 766 483 (283 ) - (222 ) C/C 47 5 27.5 88.9 PreTSL XXVI Mezzanine 465 372 (93 ) - (270 ) Caa3/C 43 7 23.7 94.0 PreTSL XXVI Mezzanine 288 503 215 - (438 ) Caa3/C 43 7 23.7 94.0 $ 3,501 $ 2,694 $ (807 ) $ - $ (1,153 )

Note 8 - Loans and Allowance 25

Note 8 - Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2015
Note 8 - Loans and Allowance for Loan Losses (Tables) [Line Items]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, December 31, 2015 2014 Commercial: Commercial and industrial $ 132,271 $ 118,845 Construction 19,031 23,471 Secured by commercial real estate 212,015 203,534 Secured by residential real estate 55,984 53,077 State and political subdivisions 42,178 44,104 Indirect lease financing 9,221 7,685 Retail: 1-4 family residential mortgages 38,867 37,147 Home equity loans and lines 64,896 63,213 Consumer 3,741 4,175 Total loans 578,204 555,251 Net unearned costs (fees) 52 31 Loans receivable $ 578,256 $ 555,282
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2015 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 123,433 $ 665 $ 8,173 $ - $ 132,271 Construction 19,010 - 21 - 19,031 Secured by commercial real estate 192,524 2,047 17,444 - 212,015 Secured by residential real estate 53,038 718 2,228 - 55,984 State and political subdivisions 40,890 - 1,288 - 42,178 Indirect lease financing 9,014 - 207 - 9,221 $ 437,909 $ 3,430 $ 29,361 $ - $ 470,700 December 31, 2014 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 111,560 $ 42 $ 7,243 $ - $ 118,845 Construction 22,981 128 362 - 23,471 Secured by commercial real estate 178,339 2,418 22,777 - 203,534 Secured by residential real estate 50,172 408 2,497 - 53,077 State and political subdivisions 42,771 - 1,333 - 44,104 Indirect lease financing 7,543 - 142 - 7,685 $ 413,366 $ 2,996 $ 34,354 $ - $ 450,716 June 30, 2015 Performing Non- performing Total Retail: 1-4 family residential mortgages $ 38,453 $ 414 $ 38,867 Home equity loans and lines 64,804 92 64,896 Consumer 3,741 - 3,741 $ 106,998 $ 506 $ 107,504 December 31, 2014 Performing Non- performing Total Retail: 1-4 family residential mortgages $ 36,922 $ 225 $ 37,147 Home equity loans and lines 63,109 104 63,213 Consumer 4,174 1 4,175 $ 104,205 $ 330 $ 104,535
Past Due Financing Receivables [Table Text Block]	June 30, 2015 30-59 days past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ 486 - $ 11 $ 497 $ 131,774 $ 132,271 Construction - - - - 19,031 19,031 Secured by commercial real estate 404 $ 105 1,151 1,660 210,355 212,015 Secured by residential real estate 136 341 264 741 55,243 55,984 State and political subdivisions - - - - 42,178 42,178 Indirect lease financing 91 40 90 221 9,000 9,221 Retail: 1-4 family residential mortgages - - 199 199 38,668 38,867 Home equity loans and lines 185 - - 185 64,711 64,896 Consumer 10 4 - 14 3,727 3,741 $ 1,312 $ 490 $ 1,715 $ 3,517 $ 574,687 $ 578,204 December 31, 2014 30-59 days past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial - - - - $ 118,845 $ 118,845 Construction $ 466 - - $ 466 23,005 23,471 Secured by commercial real estate 28 $ 332 $ 3,747 4,107 199,427 203,534 Secured by residential real estate 600 574 - 1,174 51,903 53,077 State and political subdivisions - - - - 44,104 44,104 Indirect lease financing 291 - - 291 7,394 7,685 Retail: 1-4 family residential mortgages 526 - - 526 36,621 37,147 Home equity loans and lines 66 49 - 115 63,098 63,213 Consumer 16 8 - 24 4,151 4,175 $ 1,993 $ 963 $ 3,747 $ 6,703 $ 548,548 $ 555,251
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	June 30, 2015 90 days or more past due (still accruing) Non-accrual Commercial: Commercial and industrial - $ 3,526 Construction - - Secured by commercial real estate - 4,302 Secured by residential real estate - 1,489 State and political subdivisions - - Indirect lease financing $ 90 - Retail: 1-4 family residential mortgages - 414 Home equity loans and lines - 92 Consumer - - $ 90 $ 9,823 December 31, 2014 90 days or more past due (still accruing) Non-accrual Commercial: Commercial and industrial $ - $ 2,171 Construction - 337 Secured by commercial real estate - 6,465 Secured by residential real estate - 1,467 State and political subdivisions - - Indirect lease financing - - Retail: 1-4 family residential mortgages - 225 Home equity loans and lines - 104 Consumer - 1 $ - $ 10,770
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Three months ended June 30, 2015 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,875 $ (251 ) $ (30 ) $ 9 $ 1,603 Construction 285 (136 ) - - 149 Secured by commercial real estate 2,569 141 (57 ) 2 2,655 Secured by residential real estate 1,666 266 (313 ) 16 1,635 State and political subdivisions 253 (21 ) - - 232 Indirect lease financing 95 25 - 1 121 Retail: 1-4 family residential mortgages 308 5 - - 313 Home equity loans and lines 479 (12 ) - 7 474 Consumer 85 4 (23 ) 5 71 Unallocated 363 39 N/A N/A 402 $ 7,978 $ 60 $ (423 ) $ 40 $ 7,655 Three months ended June 30, 2014 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,308 $ 55 $ - $ 44 $ 2,407 Construction 391 (151 ) - - 240 Secured by commercial real estate 2,757 (157 ) - - 2,600 Secured by residential real estate 1,465 238 - 5 1,708 State and political subdivisions 293 (79 ) - - 214 Loans to depository institutions 3 (2 ) - - 1 Indirect lease financing 106 (19 ) - 5 92 Retail: 1-4 family residential mortgages 314 58 - - 372 Home equity loans and lines 602 (127 ) (34 ) 79 520 Consumer 63 22 (28 ) 10 67 Unallocated 517 162 N/A N/A 679 $ 8,819 $ - $ (62 ) $ 143 $ 8,900 Six months ended June 30, 2015 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,892 $ (278 ) $ (30 ) $ 19 $ 1,603 Construction 297 (148 ) - - 149 Secured by commercial real estate 2,700 36 (85 ) 4 2,655 Secured by residential real estate 1,630 304 (317 ) 18 1,635 State and political subdivisions 221 11 - - 232 Indirect lease financing 93 26 (8 ) 10 121 Retail: 1-4 family residential mortgages 312 1 - - 313 Home equity loans and lines 453 9 - 12 474 Consumer 85 15 (41 ) 12 71 Unallocated 318 84 N/A N/A 402 $ 8,001 $ 60 $ (481 ) $ 75 $ 7,655 Six months ended June 30, 2014 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,044 $ 329 $ (17 ) $ 51 $ 2,407 Construction 439 (199 ) - - 240 Secured by commercial real estate 2,898 (298 ) - - 2,600 Secured by residential real estate 1,632 68 (1 ) 9 1,708 State and political subdivisions 186 28 - - 214 Loans to depository institutions 4 (3 ) - - 1 Indirect lease financing 103 (14 ) (6 ) 9 92 Retail: 1-4 family residential mortgages 303 69 - - 372 Home equity loans and lines 583 (40 ) (121 ) 98 520 Consumer 64 50 (71 ) 24 67 Unallocated 669 10 N/A N/A 679 $ 8,925 $ - $ (216 ) $ 191 $ 8,900
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Six months ended June 30, 2015 2014 Number of contracts Pre -modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post -modification outstanding recorded investment Commercial: Commercial and industrial - $ - $ - 1 $ 288 $ 233 - $ - $ - 1 $ 288 $ 233 Three months ended June 30, 2015 2014 TDRs Subsequently Defaulted Number of contracts Recorded investment Number of contracts Recorded investment Commercial: Secured by residential real estate - $ - 12 $ 658 - $ - 12 $ 658 Six months ended June 30, 2015 2014 TDRs Subsequently Defaulted Number of contracts Recorded investment Number of contracts Recorded investment Commercial: Secured by residential real estate - $ - 12 $ 658 - $ - 12 $ 658
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]	Allowance for Loan Losses Loans Receivable June 30, 2015 Balance Balance related to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 1,603 $ 757 $ 846 $ 132,271 $ 7,870 $ 124,401 Construction 149 - 149 19,031 348 18,683 Secured by commercial real estate 2,655 - 2,655 212,015 7,810 204,205 Secured by residential real estate 1,635 43 1,592 55,984 1,489 54,495 State and political subdivisions 232 - 232 42,178 - 42,178 Indirect lease financing 121 - 121 9,221 11 9,210 Retail: 1-4 family residential mortgages 313 39 274 38,867 528 38,339 Home equity loans and lines 474 - 474 64,896 117 64,779 Consumer 71 - 71 3,741 - 3,741 Unallocated 402 N/A N/A N/A N/A N/A $ 7,655 $ 839 $ 6,414 $ 578,204 $ 18,173 $ 560,031 Allowance for Loan Losses Loans Receivable December 31, 2014 Balance Balance related to loans individually evaluated for i mpairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively e valuated for impairment Commercial: Commercial and industrial $ 1,892 $ 1,095 $ 797 $ 118,845 $ 7,115 $ 111,730 Construction 297 - 297 23,471 362 23,109 Secured by commercial real estate 2,700 - 2,700 203,534 11,546 191,988 Secured by residential real estate 1,630 91 1,539 53,077 1,567 51,510 State and political subdivisions 221 - 221 44,104 - 44,104 Indirect lease financing 93 - 93 7,685 16 7,669 Retail: 1-4 family residential mortgages 312 4 308 37,147 341 36,806 Home equity loans and lines 453 4 449 63,213 129 63,084 Consumer 85 - 85 4,175 1 4,174 Unallocated 318 N/A N/A N/A N/A N/A $ 8,001 $ 1,194 $ 6,489 $ 555,251 $ 21,077 $ 534,174
Impaired Financing Receivables [Table Text Block]	June 30, 2015 December 31, 2014 Recorded investment (after charge-offs) Unpaid principal balance Related allowance Recorded investment (after c harge-offs) Unpaid principal balance Related allowance With no specific allowance recorded: Commercial: Commercial and industrial $ 6,987 $ 7,161 $ - $ 5,894 $ 6,056 $ - Construction 348 348 - 362 444 - Secured by commercial real estate 7,810 8,368 - 11,546 12,198 - Secured by residential real estate 1,228 1,936 - 903 1,427 - State and political subdivisions - - - - - - Indirect lease financing 11 11 - 16 16 - Retail: 1-4 family residential mortgages 215 246 - 225 250 - Home equity loans and lines 117 163 - 72 93 - Consumer - - - 1 1 - $ 16,716 $ 18,233 $ - $ 19,019 $ 20,485 $ - With an allowance recorded: Commercial: Commercial and industrial $ 883 $ 1,061 $ 757 $ 1,221 $ 1,419 $ 1,095 Construction - - - - - - Secured by commercial real estate - - - - - - Secured by residential real estate 261 315 43 664 748 91 State and political subdivisions - - - - - - Indirect lease financing - - - - - - Retail: 1-4 family residential mortgages 313 314 39 116 116 4 Home equity loans and lines - - - 57 76 4 Consumer - - - - - - $ 1,457 $ 1,690 $ 839 $ 2,058 $ 2,359 $ 1,194 Total: Commercial: Commercial and industrial $ 7,870 $ 8,222 $ 757 $ 7,115 $ 7,475 $ 1,095 Construction 348 348 - 362 444 - Secured by commercial real estate 7,810 8,368 - 11,546 12,198 - Secured by residential real estate 1,489 2,251 43 1,567 2,175 91 State and political subdivisions - - - - - - Indirect lease financing 11 11 - 16 16 - Retail: 1-4 family residential mortgages 528 560 39 341 366 4 Home equity loans and lines 117 163 - 129 169 4 Consumer - - - 1 1 - $ 18,173 $ 19,923 $ 839 $ 21,077 $ 22,844 $ 1,194 Six Months Ended June 30, 2015 Year Ended December 31, 2014 Average recorded investment Interest income recognized Average recorded investment Interest income recognized Commercial: Commercial and industrial $ 6,846 $ 128 $ 9,305 $ 331 Construction 437 12 1,050 2 Secured by commercial real estate 8,526 86 12,304 344 Secured by residential real estate 1,549 - 2,452 - State and political subdivisions - - - - Indirect lease financing 13 1 26 1 Retail: 1-4 family residential mortgages 398 3 460 5 Home equity loans and lines 131 1 169 - Consumer 1 - 2 - $ 17,901 $ 231 $ 25,768 $ 683
Troubled Debt Restructuring [Member]
Note 8 - Loans and Allowance for Loan Losses (Tables) [Line Items]
Allowance for Credit Losses on Financing Receivables [Table Text Block]	June 30, 2015 December 31, 2014 Unpaid principal balance Related allowance Unpaid principal balance Related allowance TDRs with no specific allowance recorded $ 4,367 - $ 4,588 - TDRs with an allowance recorded 874 $ 674 999 $ 813 $ 5,241 $ 674 $ 5,587 $ 813

Note 9 - Fair Value Measureme26

Note 9 - Fair Value Measurements and Disclosures (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	June 30, 2015 Quoted prices in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Trading Securities State and municipal securities $ - $ 3,871 $ - $ 3,871 Securities available-for-sale U.S. Government agency securities - $ 42,263 - $ 42,263 State and municipal securities - 73,938 - 73,938 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities - 120,943 - 120,943 Collateralized mortgage obligations (CMOs) - 76,738 - 76,738 Pooled trust preferred securities - - $ 2,694 2,694 Corporate debt securities - 6,036 - 6,036 Equity securities $ 7,619 - - 7,619 Total securities available-for-sale $ 7,619 $ 319,918 $ 2,694 $ 330,231 Total recurring fair value measurements $ 7,619 $ 323,789 $ 2,694 $ 334,102 Nonrecurring fair value measurements Impaired loans $ - - $ 749 $ 749 Other real estate owned - $ 50 - 50 Mortgage servicing rights - - 60 60 Total nonrecurring fair value measurements $ - $ 50 $ 809 $ 859 December 31, 2014 Quoted prices in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Trading Securities State and municipal securities $ - $ 4,207 $ - $ 4,207 Securities available-for-sale U.S. Government agency securities - $ 62,665 - $ 62,665 State and municipal securities - 72,569 - 72,569 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities - 136,192 - 136,192 Collateralized mortgage obligations (CMOs) - 87,662 - 87,662 Pooled trust preferred securities - - $ 2,439 2,439 Corporate debt securities - 6,037 - 6,037 Equity securities $ 7,655 - - 7,655 Total securities available-for-sale $ 7,655 $ 365,125 $ 2,439 $ 375,219 Total recurring fair value measurements $ 7,655 $ 369,332 $ 2,439 $ 379,426 Nonrecurring fair value measurements Impaired loans $ - $ - $ 3,715 $ 3,715 Mortgage servicing rights - - 112 112 Total nonrecurring fair value measurements $ - $ - $ 3,827 $ 3,827
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Quantitative information about Level 3 fair value measurements Fair value Valuation techniques Unobservable input Value or range of values June 30, 2015 - Impaired loans $ 638 Appraisal of collateral (1) Appraisal adjustments (2) -20% to -100 % Liquidation expenses (3) -10 % June 30, 2015 - Impaired loans 111 Discounted cash flow (4) Discount rate 6.375 % June 30, 2015 - Mortgage servicing rights 60 Discounted cash flow Remaining term 2 - 28 yrs Discount rate 10% to 12 % Quantitative information about Level 3 fair value measurements Fair value Valuation techniques Unobservable input Value or range of values December 31, 2014 - Impaired loans $ 953 Appraisal of collateral (1) Appraisal adjustments (2) -20% to -100 % Liquidation expenses (3) -10 % December 31, 2014 - Impaired loans 112 Discounted cash flow (4) Discount rate 6.375 % December 31, 2014 - Impaired loans 2,650 Agreement of sale (5) December 31, 2014 - Mortgage servicing rights 112 Discounted cash flow Remaining term 2 - 28 yrs Discount rate 10% to 12 %
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Fair value measurements using significant unobservable inputs (Level 3) Balance, January 1, 2015 $ 2,439 Payments received (18 ) Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income 273 Transfers in and/or out of Level 3 - Balance, June 30, 2015 $ 2,694
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair value measurements June 30, 2015 Carrying amount Fair value Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservabl e inputs (Level 3) Financial assets Cash and cash equivalents $ 20,624 $ 20,624 $ 20,624 - - Investment securities: Trading 3,871 3,871 - $ 3,871 - Available-for-sale 330,231 330,231 7,619 319,918 $ 2,694 Held-to-maturity 146 154 - 154 - Restricted investment in bank stocks 508 508 - 508 - Loans held-for-sale 466 475 - 475 - Net loans 570,601 565,261 - - 565,261 Mortgage servicing rights 521 667 - - 667 Accrued interest receivable 2,324 2,324 - 2,324 - Financial liabilities Deposits with no stated maturities $ 591,937 $ 591,937 $ 591,937 - - Deposits with stated maturities 234,144 234,954 - $ 234,954 - Short-term borrowings 32,896 32,896 32,896 - - Accrued interest payable 337 337 - 337 - Off-balance sheet instruments Commitments to extend credit $ - $ - $ - $ - $ - Standby letters of credit - - - - - Fair value measurements December 31, 2014 Carrying amount Fair value Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 18,245 $ 18,245 $ 18,245 - - Investment securities: Trading 4,207 4,207 - $ 4,207 - Available-for-sale 375,219 375,219 7,655 365,125 $ 2,439 Held-to-maturity 146 156 - 156 - Restricted investment in bank stocks 647 647 - 647 - Loans held-for-sale 380 394 - 394 - Net loans 547,281 544,126 - - 544,126 Mortgage servicing rights 504 601 - - 601 Accrued interest receivable 2,568 2,568 - 2,568 - Financial liabilities Deposits with no stated maturities $ 608,345 $ 608,345 $ 608,345 - $ - Deposits with stated maturities 243,247 244,152 - $ 244,152 - Short-term borrowings 35,189 35,189 35,189 - - Accrued interest payable 344 344 - 344 - Off-balance sheet instruments Commitments to extend credit $ - $ - $ - $ - $ - Standby letters of credit - - - - -

Note 10 - Off-balance-sheet F27

Note 10 - Off-balance-sheet Financial Instruments and Guarantees (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	June 30, December 31, 2015 2014 Commitments to extend credit and unused lines of credit $ 220,961 $ 203,496 Standby letters of credit 5,442 6,276 Total financial instrument commitments $ 226,403 $ 209,772

Note 11 - Regulatory Restrict28

Note 11 - Regulatory Restrictions (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Capital levels Actual Minimum required Well capitalized As of June 30, 2015 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 96,010 13.05 % $ 58,844 8.00 % $ 73,555 10.00 % Bank 88,793 12.45 57,078 8.00 71,348 10.00 Tier I capital (to risk-weighted assets): Consolidated $ 88,241 12.00 % $ 44,133 6.00 $ 44,133 6.00 Bank 81,079 11.36 42,809 6.00 57,078 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 88,241 12.00 % $ 33,100 4.50 N/A N/A Bank 81,079 11.36 32,106 4.50 46,376 6.50 Tier I capital (to average assets): Consolidated $ 88,241 9.18 % $ 38,443 4.00 N/A N/A Bank 81,079 8.50 38,159 4.00 47,699 5.00 Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2014 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 93,927 14.06 % $ 53,425 8.00 % N/A N/A Bank 86,884 13.14 52,891 8.00 $ 66,114 10.00 % Tier I capital (to risk-weighted assets): Consolidated 85,439 12.79 26,713 4.00 N/A N/A Bank 78,824 11.92 26,446 4.00 39,669 6.00 Tier I capital (to average assets): Consolidated 85,439 8.65 39,501 4.00 N/A N/A Bank 78,824 8.04 39,237 4.00 49,047 5.00

Note 3 - Stock-based Compensa29

Note 3 - Stock-based Compensation and Shareholders' Equity (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Allocated Share-based Compensation Expense (in Dollars)	$ 25,000	$ 24,000	$ 46,000	$ 43,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized (in Dollars)	$ 108,000		$ 108,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			31 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			21,000	20,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			(11,650)	(12,950)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	85,075	107,850	85,075	107,850	88,375	115,800
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share)			$ 4.38	$ 3.81
The 1998 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	220,500		220,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			225,058
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period			60,244
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			164,814
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0		0
The 2005 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			184,200
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period			55,225
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			43,900
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	85,075		85,075
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized			200,000
The 2015 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	300,000		300,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	0		0
Employee Stock Option [Member] | The 1998 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
Employee Stock Option [Member] | The 2005 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			5 years
Employee Stock Option [Member] | The 2015 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			5 years
Minimum [Member] | Employee Stock Option [Member] | The 1998 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			6 months
Maximum [Member] | Employee Stock Option [Member] | The 1998 Plan [Member]
Note 3 - Stock-based Compensation and Shareholders' Equity (Details) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years

Note 3 - Stock-based Compensa30

Note 3 - Stock-based Compensation and Shareholders' Equity (Details) - Assumptions Used in Option Pricing Model	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Assumptions Used in Option Pricing Model [Abstract]
Risk free interest rate	1.06%	0.69%
Dividend yield	3.86%	4.28%
Volatility	26.74%	28.12%
Expected life (years)	5 years	5 years

Note 3 - Stock-based Compensa31

Note 3 - Stock-based Compensation and Shareholders' Equity (Details) - Stock Option Activity - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Stock Option Activity [Abstract]
Outstanding-Number of options	88,375	115,800
Outstanding-Weighted average exercise price	$ 23.27	$ 23.51
Outstanding ending-Number of options	85,075	107,850
Outstanding ending-Weighted average exercise price	$ 24.22	$ 23.21
Outstanding-ending-Weighted average remaining contractual term	2 years 270 days	2 years 156 days
Outstanding-ending-Aggregate intrinsic value	$ 440	$ 442
Exercisable-Number of options	30,875	46,050
Exercisable-Weighted average exercise price	$ 20.85	$ 23.20
Exercisable-Weighted average remaining contractual term	1 year 43 days	354 days
Exercisable-Aggregate intrinsic value	$ 264	$ 239
Granted-Number of options	21,000	20,000
Granted-Weighted average exercise price	$ 29.25	$ 25.16
Exercised-Number of options	11,650	12,950
Exercised-Weighted average exercise price	$ 17.73	$ 17.28
Forfeited-Number of options	12,650	15,000
Forfeited-Weighted average exercise price	$ 31.87	$ 33.25

Note 4 - Share Repurchase Plan

Note 4 - Share Repurchase Plan (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Note 4 - Share Repurchase Plan (Details) [Line Items]
Treasury Stock, Shares	164,569		164,569
Treasury Stock, Value (in Dollars)	$ 2,476,000		$ 2,476,000
Share Repurchase Program [Member]
Note 4 - Share Repurchase Plan (Details) [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	100,000
Treasury Stock, Shares, Acquired	0	0
Treasury Stock, Shares	57,883
Treasury Stock, Shares, Average Price per Share Acquired (in Dollars per share)	$ 16.97
Treasury Stock, Value (in Dollars)	$ 982,000

Note 5 - Earnings Per Share (De

Note 5 - Earnings Per Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee Stock Option [Member]
Note 5 - Earnings Per Share (Details) [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	21,000	34,800	21,000	34,800

Note 5 - Earnings Per Share (34

Note 5 - Earnings Per Share (Details) - Computation of Basic and Diluted Earnings Per Share - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Computation of Basic and Diluted Earnings Per Share [Abstract]
Numerator for basic and diluted earnings per share - net income (in Dollars)	$ 1,934	$ 2,172	$ 4,070	$ 4,468
Denominator for basic earnings per share - weighted average shares outstanding	3,333,018	3,285,052	3,327,384	3,280,532
Effect of dilutive securities - employee stock options	13,515	12,390	12,734	11,560
Denominator for diluted earnings per share - adjusted weighted average shares outstanding	3,346,533	3,297,442	3,340,118	3,292,092
Earnings per share - basic (in Dollars per share)	$ 0.58	$ 0.66	$ 1.22	$ 1.36
Earnings per share - diluted (in Dollars per share)	$ 0.58	$ 0.66	$ 1.22	$ 1.36

Note 6 - Comprehensive Income35

Note 6 - Comprehensive Income (Details) - Components of Accumulated Other Comprehensive Income - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income	$ 444	$ 1,375
Tax effect	(151)	(468)
Accumulated other comprehensive income, net of tax	293	907
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income	820	1,975
Accumulated Other-than-Temporary Impairment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income	$ (376)	$ (600)

Note 6 - Comprehensive Income36

Note 6 - Comprehensive Income (Details) - Amounts Reclassified Out of Accumulated Other Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax effect	$ (583)	$ (636)	$ (1,284)	$ (1,333)
Total reclass out of accumulated other comprehensive income, net of tax	1,934	2,172	4,070	4,468
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrealized net holding gains on available-for-sale securities	214	285	717	907
Tax effect	(73)	(96)	(244)	(308)
Total reclass out of accumulated other comprehensive income, net of tax	$ 141	$ 189	$ 473	$ 599

Note 7 - Investment Securitie37

Note 7 - Investment Securities (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Note 7 - Investment Securities (Details) [Line Items]
Trading Gain (Loss)	$ (34,000)	$ 93,000	$ (19,000)	$ 115,000
Trading Securities, Change in Unrealized Holding Gain (Loss)			21,000		$ 24,000
Available-for-sale Securities, Gross Realized Gains (Losses), Sale Proceeds	19,200,000	6,389,000	26,795,000	18,970,000
Available-for-sale Securities Pledged as Collateral	154,330,000		154,330,000		206,774,000
Income Tax Expense (Benefit) Related to Net Realized Gains (Losses) On Sales of Securities			244,000	308,000
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	0	0	0	0
Proceeds from Sale of Held-to-maturity Securities	0	$ 0	0	$ 0
Available-for-sale Securities, Amortized Cost Basis	329,787,000		329,787,000		373,844,000
Available-for-sale Securities	$ 330,231,000		$ 330,231,000		375,219,000
Fair Value Inputs, Prepayment Rate			1.00%
Threshold for Identifying Banks with Trust Preferred Securities			$ 15,000,000,000
Minimum Cost Saving for Refinance	2.00%		2.00%
Fair Value Inputs, Loss Severity			95.00%
Collateralized Debt Obligations [Member]
Note 7 - Investment Securities (Details) [Line Items]
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Additions, Additional Credit Losses	$ 0		$ 0
Number of Trust Preferred Securities	6		6
Available-for-sale Securities, Amortized Cost Basis	$ 3,501,000		$ 3,501,000		3,519,000
Available-for-sale Securities	$ 2,694,000		$ 2,694,000		$ 2,439,000
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	5		5
Minimum [Member] | Collateralized Debt Obligations [Member]
Note 7 - Investment Securities (Details) [Line Items]
Fair Value Inputs, Loss Severity			0.00%
Maximum [Member] | Collateralized Debt Obligations [Member]
Note 7 - Investment Securities (Details) [Line Items]
Fair Value Inputs, Loss Severity			100.00%

Note 7 - Investment Securitie38

Note 7 - Investment Securities (Details) - Trading Securities - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Trading Securities and Other Trading Assets [Line Items]
State and municipal securities	$ 3,871	$ 4,207
US States and Political Subdivisions Debt Securities [Member]
Schedule of Trading Securities and Other Trading Assets [Line Items]
State and municipal securities	$ 3,871	$ 4,207

Note 7 - Investment Securitie39

Note 7 - Investment Securities (Details) - Investment Securities Available-for-sale - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	$ 330,231,000	$ 375,219,000
Investment securities available-for-sale, gross unrealized holding gains	3,919,000	5,073,000
Investment securities available-for-sale, gross unrealized holding losses	(3,475,000)	(3,698,000)
Investment securities available-for-sale, amortized cost	329,787,000	373,844,000
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	42,263,000	62,665,000
Investment securities available-for-sale, gross unrealized holding gains	171,000	212,000
Investment securities available-for-sale, gross unrealized holding losses	(225,000)	(472,000)
Investment securities available-for-sale, amortized cost	42,317,000	62,925,000
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	73,938,000	72,569,000
Investment securities available-for-sale, gross unrealized holding gains	1,255,000	1,500,000
Investment securities available-for-sale, gross unrealized holding losses	(328,000)	(150,000)
Investment securities available-for-sale, amortized cost	73,011,000	71,219,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	120,943,000	136,192,000
Investment securities available-for-sale, gross unrealized holding gains	1,464,000	1,819,000
Investment securities available-for-sale, gross unrealized holding losses	(559,000)	(466,000)
Investment securities available-for-sale, amortized cost	120,038,000	134,839,000
Collateralized Mortgage Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	76,738,000	87,662,000
Investment securities available-for-sale, gross unrealized holding gains	341,000	330,000
Investment securities available-for-sale, gross unrealized holding losses	(1,088,000)	(1,300,000)
Investment securities available-for-sale, amortized cost	77,485,000	88,632,000
Collateralized Debt Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	2,694,000	2,439,000
Investment securities available-for-sale, gross unrealized holding gains	215,000	160,000
Investment securities available-for-sale, gross unrealized holding losses	(1,022,000)	(1,240,000)
Investment securities available-for-sale, amortized cost	3,501,000	3,519,000
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	6,036,000	6,037,000
Investment securities available-for-sale, gross unrealized holding gains	25,000	30,000
Investment securities available-for-sale, gross unrealized holding losses	(7,000)
Investment securities available-for-sale, amortized cost	6,018,000	6,007,000
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Investment securities available-for-sale	7,619,000	7,655,000
Investment securities available-for-sale, gross unrealized holding gains	448,000	1,022,000
Investment securities available-for-sale, gross unrealized holding losses	(246,000)	(70,000)
Investment securities available-for-sale, amortized cost	$ 7,417,000	$ 6,703,000

Note 7 - Investment Securitie40

Note 7 - Investment Securities (Details) - Investment Securities by Contractual Maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investment Securities by Contractual Maturity [Abstract]
Due in one year or less	$ 5,129
Due in one year or less	5,076
Due after one year through five years	230,192
Due after one year through five years	229,515
Due after five years through ten years	64,725
Due after five years through ten years	64,452
Due after ten years	22,566
Due after ten years	23,327
Equity securities	7,619
Equity securities	7,417
Total investment securities available-for-sale	330,231	$ 375,219
Total investment securities available-for-sale	329,787	373,844
Due after one year through five years	154
Due after one year through five years	146
Total investment securities held-to-maturity	154	156
Total investment securities held-to-maturity	$ 146	$ 146

Note 7 - Investment Securitie41

Note 7 - Investment Securities (Details) - Gross Realized Losses on Equity and Debt Securities - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Note 7 - Investment Securities (Details) - Gross Realized Losses on Equity and Debt Securities [Line Items]
Gross realized gains	$ 270	$ 354	$ 784	$ 1,007
Gross realized losses	(56)	(69)	(67)	(100)
Net gains	214	285	717	907
Equity Securities [Member]
Note 7 - Investment Securities (Details) - Gross Realized Losses on Equity and Debt Securities [Line Items]
Gross realized gains	204	280	630	870
Gross realized losses	(23)	(6)	(23)	(6)
Net gains	181	274	607	864
Debt Securities [Member]
Note 7 - Investment Securities (Details) - Gross Realized Losses on Equity and Debt Securities [Line Items]
Gross realized gains	66	74	154	137
Gross realized losses	(33)	(63)	(44)	(94)
Net gains	$ 33	$ 11	$ 110	$ 43

Note 7 - Investment Securitie42

Note 7 - Investment Securities (Details) - Credit-Related Other-Than-Temporary Impairment - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Credit-Related Other-Than-Temporary Impairment [Abstract]
Balance, beginning of period			$ 1,153,000	$ 1,271,000
Reductions: gain on payoff			0	0
Additions:
Initial credit impairments			0	0
Subsequent credit impairments	$ 0	$ 0	0	0
Balance, end of period	$ 1,153,000	$ 1,271,000	$ 1,153,000	$ 1,271,000

Note 7 - Investment Securitie43

Note 7 - Investment Securities (Details) - Investment Securities Held-to-maturity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Held-to-maturity Securities [Line Items]
State and municipal securities	$ 146	$ 146
State and municipal securities	154	156
US States and Political Subdivisions Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
State and municipal securities	146	146
State and municipal securities	8	10
State and municipal securities	$ 154	$ 156

Note 7 - Investment Securitie44

Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position $ in Thousands	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	181	165
Securities in an unrealized loss position less than 12 months, fair value	$ 103,953	$ 28,745
Securities in an unrealized loss position less than 12 months, unrealized losses	(1,284)	(351)
Securities in an unrealized loss position 12 months or longer, fair value	46,279	112,156
Securities in an unrealized loss position 12 months or longer, unrealized losses	(2,191)	(3,347)
Securities in an unrealized loss position, fair value	150,232	140,901
Securities in an unrealized loss position, unrealized losses	$ (3,475)	$ (3,698)
US Government Agencies Debt Securities [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	17	29
Securities in an unrealized loss position less than 12 months, fair value	$ 16,484	$ 15,466
Securities in an unrealized loss position less than 12 months, unrealized losses	(144)	(30)
Securities in an unrealized loss position 12 months or longer, fair value	7,166	23,941
Securities in an unrealized loss position 12 months or longer, unrealized losses	(81)	(442)
Securities in an unrealized loss position, fair value	23,650	39,407
Securities in an unrealized loss position, unrealized losses	$ (225)	$ (472)
US States and Political Subdivisions Debt Securities [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	68	39
Securities in an unrealized loss position less than 12 months, fair value	$ 23,711	$ 3,452
Securities in an unrealized loss position less than 12 months, unrealized losses	(267)	(31)
Securities in an unrealized loss position 12 months or longer, fair value	4,522	11,964
Securities in an unrealized loss position 12 months or longer, unrealized losses	(61)	(119)
Securities in an unrealized loss position, fair value	28,233	15,416
Securities in an unrealized loss position, unrealized losses	$ (328)	$ (150)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	33	34
Securities in an unrealized loss position less than 12 months, fair value	$ 38,711	$ 6,521
Securities in an unrealized loss position less than 12 months, unrealized losses	(492)	(15)
Securities in an unrealized loss position 12 months or longer, fair value	2,536	38,586
Securities in an unrealized loss position 12 months or longer, unrealized losses	(67)	(451)
Securities in an unrealized loss position, fair value	41,247	45,107
Securities in an unrealized loss position, unrealized losses	$ (559)	$ (466)
Collateralized Mortgage Obligations [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	42	51
Securities in an unrealized loss position less than 12 months, fair value	$ 20,555	$ 2,003
Securities in an unrealized loss position less than 12 months, unrealized losses	(146)	(205)
Securities in an unrealized loss position 12 months or longer, fair value	29,614	35,687
Securities in an unrealized loss position 12 months or longer, unrealized losses	(942)	(1,095)
Securities in an unrealized loss position, fair value	50,169	37,690
Securities in an unrealized loss position, unrealized losses	$ (1,088)	$ (1,300)
Collateralized Debt Obligations [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	5	5
Securities in an unrealized loss position 12 months or longer, fair value	$ 2,191	$ 1,978
Securities in an unrealized loss position 12 months or longer, unrealized losses	(1,022)	(1,240)
Securities in an unrealized loss position, fair value	2,191	1,978
Securities in an unrealized loss position, unrealized losses	$ (1,022)	$ (1,240)
Corporate Debt Securities [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	1
Securities in an unrealized loss position less than 12 months, fair value	$ 1,005
Securities in an unrealized loss position less than 12 months, unrealized losses	(7)
Securities in an unrealized loss position, fair value	1,005
Securities in an unrealized loss position, unrealized losses	$ (7)
Equity Securities [Member]
Note 7 - Investment Securities (Details) - Securities in a Continuous Unrealized Loss Position [Line Items]
No. of securities	15	7
Securities in an unrealized loss position less than 12 months, fair value	$ 3,487	$ 1,303
Securities in an unrealized loss position less than 12 months, unrealized losses	(228)	(70)
Securities in an unrealized loss position 12 months or longer, fair value	250
Securities in an unrealized loss position 12 months or longer, unrealized losses	(18)
Securities in an unrealized loss position, fair value	3,737	1,303
Securities in an unrealized loss position, unrealized losses	$ (246)	$ (70)

Note 7 - Investment Securitie45

Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities		6 Months Ended
		Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Book value		$ 329,787,000	$ 373,844,000
Investment securities available-for-sale		$ 330,231,000	375,219,000
PreTSL IV [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class	[1]	Mezzanine*
Book value	[1]	$ 243,000
Investment securities available-for-sale	[1]	215,000
Unrealized gains (losses)	[1]	$ (28,000)
Realized OTTI credit loss	[1]
Total recognized OTTI credit loss	[1]	$ (1,000)
Moody's/Fitch ratings	[1]	B1/B
Current number of performing banks	[1]	5
Current number of performing insurance companies	[1]
Actual deferrals and defaults as a % of total collateral	[1]	18.00%
Total performing collateral as a % of outstanding bonds	[1]	140.50%
PreTSL XVII [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class		Mezzanine
Book value		$ 752,000
Investment securities available-for-sale		565,000
Unrealized gains (losses)		(187,000)
Total recognized OTTI credit loss		$ (222,000)
Moody's/Fitch ratings		C/C
Current number of performing banks		31
Current number of performing insurance companies		5
Actual deferrals and defaults as a % of total collateral		30.40%
Total performing collateral as a % of outstanding bonds		85.90%
PreTSL XIX [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class		Mezzanine
Book value		$ 987,000
Investment securities available-for-sale		556,000
Unrealized gains (losses)		(431,000)
Total recognized OTTI credit loss		$ 0
Moody's/Fitch ratings		Caa3/C
Current number of performing banks		40
Current number of performing insurance companies		12
Actual deferrals and defaults as a % of total collateral		12.20%
Total performing collateral as a % of outstanding bonds		94.40%
PreTSL XXV [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class		Mezzanine
Book value		$ 766,000
Investment securities available-for-sale		483,000
Unrealized gains (losses)		(283,000)
Total recognized OTTI credit loss		$ (222,000)
Moody's/Fitch ratings		C/C
Current number of performing banks		47
Current number of performing insurance companies		5
Actual deferrals and defaults as a % of total collateral		27.50%
Total performing collateral as a % of outstanding bonds		88.90%
Collateralized Debt Obligations [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Book value		$ 3,501,000	3,519,000
Investment securities available-for-sale		2,694,000	$ 2,439,000
Unrealized gains (losses)		(807,000)
Total recognized OTTI credit loss		$ (1,153,000)
Security 1 [Member] | PreTSL XXVI [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class		Mezzanine
Book value		$ 465,000
Investment securities available-for-sale		372,000
Unrealized gains (losses)		(93,000)
Total recognized OTTI credit loss		$ (270,000)
Moody's/Fitch ratings		Caa3/C
Current number of performing banks		43
Current number of performing insurance companies		7
Actual deferrals and defaults as a % of total collateral		23.70%
Total performing collateral as a % of outstanding bonds		94.00%
Security 2 [Member] | PreTSL XXVI [Member]
Note 7 - Investment Securities (Details) - Pooled Trust Preferred Securities [Line Items]
Class		Mezzanine
Book value		$ 288,000
Investment securities available-for-sale		503,000
Unrealized gains (losses)		215,000
Total recognized OTTI credit loss		$ (438,000)
Moody's/Fitch ratings		Caa3/C
Current number of performing banks		43
Current number of performing insurance companies		7
Actual deferrals and defaults as a % of total collateral		23.70%
Total performing collateral as a % of outstanding bonds		94.00%
[1]	only class of bonds still outstanding (represents the senior-most obligation of the trust)

Note 8 - Loans and Allowance 46

Note 8 - Loans and Allowance for Loan Losses (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Note 8 - Loans and Allowance for Loan Losses (Details) [Line Items]
Bank Overdrafts	$ 102,000		$ 102,000		$ 142,000
Financing Receivable, Modifications, Recorded Investment	5,241,000		$ 5,241,000		5,587,000
Financing Receivable, Modifications, Number of Contracts			0
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 1,935,000		$ 1,935,000		1,729,000
Financing Receivables, Impaired, Troubled Debt Restructuring, Write-down			0	$ 35,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	0
Performing Financial Instruments [Member]
Note 8 - Loans and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 2,177,000		2,177,000		1,897,000
Nonperforming Financial Instruments [Member]
Note 8 - Loans and Allowance for Loan Losses (Details) [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 3,064,000		$ 3,064,000		$ 3,690,000
Maximum [Member] | Residential Portfolio Segment [Member]
Note 8 - Loans and Allowance for Loan Losses (Details) [Line Items]
Loan-to-value Ratio			80.00%

Note 8 - Loans and Allowance 47

Note 8 - Loans and Allowance for Loan Losses (Details) - Major Classes of Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial:
Loans	$ 578,204	$ 555,251
Net unearned costs (fees)	52	31
Loans receivable	578,256	555,282
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Loans	132,271	118,845
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Loans	19,031	23,471
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Loans	212,015	203,534
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Loans	55,984	53,077
State and Political Subdivisions Portfolio Segment [Member]
Commercial:
Loans	42,178	44,104
Finance Leases Portfolio Segment [Member]
Commercial:
Loans	9,221	7,685
Retail Portfolio Segment [Member]
Commercial:
Loans	107,504	104,535
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Loans	38,867	37,147
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Loans	64,896	63,213
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Loans	$ 3,741	$ 4,175

Note 8 - Loans and Allowance 48

Note 8 - Loans and Allowance for Loan Losses (Details) - Internal Risk Ratings and Payment Activity - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial:
Loans and Leases receivable	$ 578,204	$ 555,251
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Loans and Leases receivable	132,271	118,845
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	123,433	111,560
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Special Mention [Member]
Commercial:
Loans and Leases receivable	665	42
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	8,173	7,243
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Loans and Leases receivable	19,031	23,471
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	19,010	22,981
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Commercial:
Loans and Leases receivable		128
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	21	362
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Loans and Leases receivable	212,015	203,534
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	192,524	178,339
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Special Mention [Member]
Commercial:
Loans and Leases receivable	2,047	2,418
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	17,444	22,777
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Loans and Leases receivable	55,984	53,077
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	53,038	50,172
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Special Mention [Member]
Commercial:
Loans and Leases receivable	718	408
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	2,228	2,497
State and Political Subdivisions Portfolio Segment [Member]
Commercial:
Loans and Leases receivable	42,178	44,104
State and Political Subdivisions Portfolio Segment [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	40,890	42,771
State and Political Subdivisions Portfolio Segment [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	1,288	1,333
Finance Leases Portfolio Segment [Member]
Commercial:
Loans and Leases receivable	9,221	7,685
Finance Leases Portfolio Segment [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	9,014	7,543
Finance Leases Portfolio Segment [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	207	142
Commercial, State and Political Subdivision and Lease Financing Portfolio Segments [Member]
Commercial:
Loans and Leases receivable	470,700	450,716
Commercial, State and Political Subdivision and Lease Financing Portfolio Segments [Member] | Pass [Member]
Commercial:
Loans and Leases receivable	437,909	413,366
Commercial, State and Political Subdivision and Lease Financing Portfolio Segments [Member] | Special Mention [Member]
Commercial:
Loans and Leases receivable	3,430	2,996
Commercial, State and Political Subdivision and Lease Financing Portfolio Segments [Member] | Substandard [Member]
Commercial:
Loans and Leases receivable	29,361	34,354
Retail Portfolio Segment [Member]
Commercial:
Loans and Leases receivable	107,504	104,535
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Loans and Leases receivable	38,867	37,147
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Loans and Leases receivable	64,896	63,213
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Loans and Leases receivable	3,741	4,175
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member]
Commercial:
Loans and Leases receivable	106,998	104,205
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Loans and Leases receivable	38,453	36,922
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | Home Equity Loan [Member]
Commercial:
Loans and Leases receivable	64,804	63,109
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | Consumer Loans [Member]
Commercial:
Loans and Leases receivable	3,741	4,174
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Commercial:
Loans and Leases receivable	506	330
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Loans and Leases receivable	414	225
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Home Equity Loan [Member]
Commercial:
Loans and Leases receivable	$ 92	104
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Consumer Loans [Member]
Commercial:
Loans and Leases receivable		$ 1

Note 8 - Loans and Allowance 49

Note 8 - Loans and Allowance for Loan Losses (Details) - Past Due Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial:
Loans past due	$ 3,517	$ 6,703
Loans current	574,687	548,548
Loans	578,204	555,251
Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	1,312	1,993
Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due	490	963
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	1,715	3,747
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Loans past due	497
Loans current	131,774	118,845
Loans	132,271	118,845
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	486
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	11
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Loans past due		466
Loans current	19,031	23,005
Loans	19,031	23,471
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due		466
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Loans past due	1,660	4,107
Loans current	210,355	199,427
Loans	212,015	203,534
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	404	28
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due	105	332
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	1,151	3,747
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Loans past due	741	1,174
Loans current	55,243	51,903
Loans	55,984	53,077
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	136	600
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due	341	574
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	264
State and Political Subdivisions Portfolio Segment [Member]
Commercial:
Loans current	42,178	44,104
Loans	42,178	44,104
Finance Leases Portfolio Segment [Member]
Commercial:
Loans past due	221	291
Loans current	9,000	7,394
Loans	9,221	7,685
Finance Leases Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	91	291
Finance Leases Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due	40
Finance Leases Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	90
Retail Portfolio Segment [Member]
Commercial:
Loans	107,504	104,535
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Loans past due	199	526
Loans current	38,668	36,621
Loans	38,867	37,147
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due		526
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Commercial:
Loans past due	199
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Loans past due	185	115
Loans current	64,711	63,098
Loans	64,896	63,213
Retail Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	185	66
Retail Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due		49
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Loans past due	14	24
Loans current	3,727	4,151
Loans	3,741	4,175
Retail Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Commercial:
Loans past due	10	16
Retail Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Commercial:
Loans past due	$ 4	$ 8

Note 8 - Loans and Allowance 50

Note 8 - Loans and Allowance for Loan Losses (Details) - Non-Accrual Loans - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Commercial:
Loans 90 days or more past due and still accruing	$ 90
Non-accrual loans	9,823	$ 10,770
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Non-accrual loans	3,526	2,171
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Non-accrual loans		337
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Non-accrual loans	4,302	6,465
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Non-accrual loans	1,489	1,467
Finance Leases Portfolio Segment [Member]
Commercial:
Loans 90 days or more past due and still accruing	90
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Non-accrual loans	414	225
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Non-accrual loans	$ 92	104
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Non-accrual loans		$ 1

Note 8 - Loans and Allowance 51

Note 8 - Loans and Allowance for Loan Losses (Details) - Allowance for Loan Losses - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Commercial:
Allowance for loan losses, beginning of period	$ 7,978	$ 8,819	$ 8,001	$ 8,925
Provision for (credit to) loan losses	60	0	60	0
Charge-offs	(423)	(62)	(481)	(216)
Recoveries	40	143	75	191
Allowance for loan losses, end of period	7,655	8,900	7,655	8,900
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Allowance for loan losses, beginning of period	1,875	2,308	1,892	2,044
Provision for (credit to) loan losses	(251)	55	(278)	329
Charge-offs	(30)	0	(30)	(17)
Recoveries	9	44	19	51
Allowance for loan losses, end of period	1,603	2,407	1,603	2,407
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Allowance for loan losses, beginning of period	285	391	297	439
Provision for (credit to) loan losses	(136)	(151)	(148)	(199)
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Allowance for loan losses, end of period	149	240	149	240
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Allowance for loan losses, beginning of period	2,569	2,757	2,700	2,898
Provision for (credit to) loan losses	141	(157)	36	(298)
Charge-offs	(57)	0	(85)	0
Recoveries	2	0	4	0
Allowance for loan losses, end of period	2,655	2,600	2,655	2,600
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Allowance for loan losses, beginning of period	1,666	1,465	1,630	1,632
Provision for (credit to) loan losses	266	238	304	68
Charge-offs	(313)	0	(317)	(1)
Recoveries	16	5	18	9
Allowance for loan losses, end of period	1,635	1,708	1,635	1,708
State and Political Subdivisions Portfolio Segment [Member]
Commercial:
Allowance for loan losses, beginning of period	253	293	221	186
Provision for (credit to) loan losses	(21)	(79)	11	28
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Allowance for loan losses, end of period	232	214	232	214
Finance Leases Portfolio Segment [Member]
Commercial:
Allowance for loan losses, beginning of period	95	106	93	103
Provision for (credit to) loan losses	25	(19)	26	(14)
Charge-offs	0	0	(8)	(6)
Recoveries	1	5	10	9
Allowance for loan losses, end of period	121	92	121	92
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Allowance for loan losses, beginning of period	308	314	312	303
Provision for (credit to) loan losses	5	58	1	69
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Allowance for loan losses, end of period	313	372	313	372
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Allowance for loan losses, beginning of period	479	602	453	583
Provision for (credit to) loan losses	(12)	(127)	9	(40)
Charge-offs		(34)	0	(121)
Recoveries	7	79	12	98
Allowance for loan losses, end of period	474	520	474	520
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Allowance for loan losses, beginning of period	85	63	85	64
Provision for (credit to) loan losses	4	22	15	50
Charge-offs	(23)	(28)	(41)	(71)
Recoveries	5	10	12	24
Allowance for loan losses, end of period	71	67	71	67
Unallocated Financing Receivables [Member]
Commercial:
Allowance for loan losses, beginning of period	363	517	318	669
Provision for (credit to) loan losses	39	162	84	10
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Allowance for loan losses, end of period	$ 402	679	$ 402	679
Loans to Depository Institutions Portfolio Segment [Member]
Commercial:
Allowance for loan losses, beginning of period		3		4
Provision for (credit to) loan losses		(2)		(3)
Charge-offs		0		0
Recoveries		0		0
Allowance for loan losses, end of period		$ 1		$ 1

Note 8 - Loans and Allowance 52

Note 8 - Loans and Allowance for Loan Losses (Details) - Specific Reserve for Loans Modified as TDR's - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Specific Reserve for Loans Modified as TDR's [Abstract]
TDRs with no specific allowance recorded	$ 4,367	$ 4,588
TDRs with an allowance recorded	874	999
TDRs with an allowance recorded	674	813
	5,241	5,587
	$ 674	$ 813

Note 8 - Loans and Allowance 53

Note 8 - Loans and Allowance for Loan Losses (Details) - Loans by Loan Class Modified as TDRs $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Commercial:
Number of contracts		0
Recorded investment		$ 5,241		$ 5,587
Commercial Portfolio Segment [Member]
Commercial:
Number of contracts			1
Pre-modification recorded investment			$ 288
Post-modification recorded investment			$ 233
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 60 Days Past Due [Member]
Commercial:
Number of contracts	12		12
Recorded investment	$ 658		$ 658
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Number of contracts			1
Pre-modification recorded investment			$ 288
Post-modification recorded investment			$ 233
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, Equal to Greater than 60 Days Past Due [Member]
Commercial:
Number of contracts	12		12
Recorded investment	$ 658		$ 658

Note 8 - Loans and Allowance 54

Note 8 - Loans and Allowance for Loan Losses (Details) - Loans Disaggregated by Impairment Method - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Commercial:
Allowance for loan losses	$ 7,655	$ 7,978	$ 8,001	$ 8,900	$ 8,819	$ 8,925
Allowance for loan losses - individually evaluated for impairment	839		1,194
Allowance for loan losses - collectively evaluated for impairment	6,414		6,489
Loans	578,204		555,251
Loans - individually evaluated for impairment	18,173		21,077
Loans - collectively evaluated for impairment	560,031		534,174
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Allowance for loan losses	1,603	1,875	1,892	2,407	2,308	2,044
Allowance for loan losses - individually evaluated for impairment	757		1,095
Allowance for loan losses - collectively evaluated for impairment	846		797
Loans	132,271		118,845
Loans - individually evaluated for impairment	7,870		7,115
Loans - collectively evaluated for impairment	124,401		111,730
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Allowance for loan losses	149	285	297	240	391	439
Allowance for loan losses - collectively evaluated for impairment	149		297
Loans	19,031		23,471
Loans - individually evaluated for impairment	348		362
Loans - collectively evaluated for impairment	18,683		23,109
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Allowance for loan losses	2,655	2,569	2,700	2,600	2,757	2,898
Allowance for loan losses - collectively evaluated for impairment	2,655		2,700
Loans	212,015		203,534
Loans - individually evaluated for impairment	7,810		11,546
Loans - collectively evaluated for impairment	204,205		191,988
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Allowance for loan losses	1,635	1,666	1,630	1,708	1,465	1,632
Allowance for loan losses - individually evaluated for impairment	43		91
Allowance for loan losses - collectively evaluated for impairment	1,592		1,539
Loans	55,984		53,077
Loans - individually evaluated for impairment	1,489		1,567
Loans - collectively evaluated for impairment	54,495		51,510
State and Political Subdivisions Portfolio Segment [Member]
Commercial:
Allowance for loan losses	232	253	221	214	293	186
Allowance for loan losses - collectively evaluated for impairment	232		221
Loans	42,178		44,104
Loans - collectively evaluated for impairment	42,178		44,104
Finance Leases Portfolio Segment [Member]
Commercial:
Allowance for loan losses	121	95	93	92	106	103
Allowance for loan losses - collectively evaluated for impairment	121		93
Loans	9,221		7,685
Loans - individually evaluated for impairment	11		16
Loans - collectively evaluated for impairment	9,210		7,669
Retail Portfolio Segment [Member]
Commercial:
Loans	107,504		104,535
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Allowance for loan losses	313	308	312	372	314	303
Allowance for loan losses - individually evaluated for impairment	39		4
Allowance for loan losses - collectively evaluated for impairment	274		308
Loans	38,867		37,147
Loans - individually evaluated for impairment	528		341
Loans - collectively evaluated for impairment	38,339		36,806
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Allowance for loan losses	474	479	453	520	602	583
Allowance for loan losses - individually evaluated for impairment			4
Allowance for loan losses - collectively evaluated for impairment	474		449
Loans	64,896		63,213
Loans - individually evaluated for impairment	117		129
Loans - collectively evaluated for impairment	64,779		63,084
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Allowance for loan losses	71	85	85	67	63	64
Allowance for loan losses - collectively evaluated for impairment	71		85
Loans	3,741		4,175
Loans - individually evaluated for impairment			1
Loans - collectively evaluated for impairment	3,741		4,174
Unallocated Financing Receivables [Member]
Commercial:
Allowance for loan losses	402	$ 363	318	$ 679	$ 517	$ 669
Allowance for loan losses - individually evaluated for impairment	0		0
Allowance for loan losses - collectively evaluated for impairment	0		0
Loans	0		0
Loans - individually evaluated for impairment	0		0
Loans - collectively evaluated for impairment	$ 0		$ 0

Note 8 - Loans and Allowance 55

Note 8 - Loans and Allowance for Loan Losses (Details) - Impaired Loans - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Commercial:
Recorded investment-with no allowance recorded	$ 16,716	$ 19,019
Unpaid principal balance-with no allowance recorded	18,233	20,485
Commercial:
Recorded investment-with allowance recorded	1,457	2,058
Unpaid principal balance-with allowance recorded	1,690	2,359
Related allowance-with allowance recorded	839	1,194
Commercial:
Recorded investment	18,173	21,077
Unpaid principal balance	19,923	22,844
Related allowance	839	1,194
Average recoded investment	17,901	25,768
Interest income recognized	231	683
Commercial Portfolio Segment [Member] | Commercial and Industrial Loans [Member]
Commercial:
Recorded investment-with no allowance recorded	6,987	5,894
Unpaid principal balance-with no allowance recorded	7,161	6,056
Commercial:
Recorded investment-with allowance recorded	883	1,221
Unpaid principal balance-with allowance recorded	1,061	1,419
Related allowance-with allowance recorded	757	1,095
Commercial:
Recorded investment	7,870	7,115
Unpaid principal balance	8,222	7,475
Related allowance	757	1,095
Average recoded investment	6,846	9,305
Interest income recognized	128	331
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Commercial:
Recorded investment-with no allowance recorded	348	362
Unpaid principal balance-with no allowance recorded	348	444
Commercial:
Recorded investment	348	362
Unpaid principal balance	348	444
Average recoded investment	437	1,050
Interest income recognized	12	2
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Commercial:
Recorded investment-with no allowance recorded	7,810	11,546
Unpaid principal balance-with no allowance recorded	8,368	12,198
Commercial:
Recorded investment	7,810	11,546
Unpaid principal balance	8,368	12,198
Average recoded investment	8,526	12,304
Interest income recognized	86	344
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Commercial:
Recorded investment-with no allowance recorded	1,228	903
Unpaid principal balance-with no allowance recorded	1,936	1,427
Commercial:
Recorded investment-with allowance recorded	261	664
Unpaid principal balance-with allowance recorded	315	748
Related allowance-with allowance recorded	43	91
Commercial:
Recorded investment	1,489	1,567
Unpaid principal balance	2,251	2,175
Related allowance	43	91
Average recoded investment	1,549	2,452
Finance Leases Portfolio Segment [Member]
Commercial:
Recorded investment-with no allowance recorded	11	16
Unpaid principal balance-with no allowance recorded	11	16
Commercial:
Recorded investment	11	16
Unpaid principal balance	11	16
Average recoded investment	13	26
Interest income recognized	1	1
Retail Portfolio Segment [Member] | 1-4 Family Residential Mortgages [Member]
Commercial:
Recorded investment-with no allowance recorded	215	225
Unpaid principal balance-with no allowance recorded	246	250
Commercial:
Recorded investment-with allowance recorded	313	116
Unpaid principal balance-with allowance recorded	314	116
Related allowance-with allowance recorded	39	4
Commercial:
Recorded investment	528	341
Unpaid principal balance	560	366
Related allowance	39	4
Average recoded investment	398	460
Interest income recognized	3	5
Retail Portfolio Segment [Member] | Home Equity Loan [Member]
Commercial:
Recorded investment-with no allowance recorded	117	72
Unpaid principal balance-with no allowance recorded	163	93
Commercial:
Recorded investment-with allowance recorded		57
Unpaid principal balance-with allowance recorded		76
Related allowance-with allowance recorded		4
Commercial:
Recorded investment	117	129
Unpaid principal balance	163	169
Related allowance		4
Average recoded investment	131	169
Interest income recognized	1
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Commercial:
Recorded investment-with no allowance recorded		1
Unpaid principal balance-with no allowance recorded		1
Commercial:
Recorded investment		1
Unpaid principal balance		1
Average recoded investment	$ 1	$ 2

Note 9 - Fair Value Measureme56

Note 9 - Fair Value Measurements and Disclosures (Details)	6 Months Ended
	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount (in Dollars)	$ 0
Fair Value Inputs, Loss Severity	95.00%
Minimum Cost Saving for Refinance	2.00%
Impaired Financing Receivable, Recorded Investment (in Dollars)	$ 18,173,000	$ 21,077,000
Other Real Estate Owned [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 (in Dollars)	$ 50,000
Collateralized Debt Obligations [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Number of Trust Preferred Securities	6
Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.46%
Minimum [Member] | Collateralized Debt Obligations [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Fair Value Inputs, Loss Severity	0.00%
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Debt Instrument, Basis Spread on Variable Rate	7.90%
Maximum [Member] | Collateralized Debt Obligations [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Fair Value Inputs, Loss Severity	100.00%
Fair Value, Inputs, Level 3 [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Impaired Financing Receivable, Recorded Investment (in Dollars)	$ 131,000
Fair Value, Inputs, Level 3 [Member] | Collateralized Debt Obligations [Member]
Note 9 - Fair Value Measurements and Disclosures (Details) [Line Items]
Number of Trust Preferred Securities	6

Note 9 - Fair Value Measureme57

Note 9 - Fair Value Measurements and Disclosures (Details) - Financial Assets Measured at Fair Value on a Recurring and Nonrecurring Basis - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Trading Securities
Trading securities	$ 3,871,000	$ 4,207,000
Securities available-for-sale
Investment securities available-for-sale	330,231,000	375,219,000
U.S. Government agencies and sponsored enterprises (GSEs):
Recurring fair value measurements	334,102,000	379,426,000
Nonrecurring fair value measurements
Nonrecurring fair value measurements	859,000	3,827,000
Impaired Loans [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	749,000	3,715,000
Other Real Estate Owned [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	50,000
Mortgage Servicing Rights [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	60,000	112,000
US States and Political Subdivisions Debt Securities [Member]
Trading Securities
Trading securities	3,871,000	4,207,000
Securities available-for-sale
Investment securities available-for-sale	73,938,000	72,569,000
US Government Agencies Debt Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	42,263,000	62,665,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale
Investment securities available-for-sale	120,943,000	136,192,000
Collateralized Mortgage Obligations [Member]
Securities available-for-sale
Investment securities available-for-sale	76,738,000	87,662,000
Collateralized Debt Obligations [Member]
Securities available-for-sale
Investment securities available-for-sale	2,694,000	2,439,000
Corporate Debt Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	6,036,000	6,037,000
Equity Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	7,619,000	7,655,000
Fair Value, Inputs, Level 1 [Member]
Securities available-for-sale
Investment securities available-for-sale	7,619,000	7,655,000
U.S. Government agencies and sponsored enterprises (GSEs):
Recurring fair value measurements	7,619,000	7,655,000
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	7,619,000	7,655,000
Fair Value, Inputs, Level 2 [Member]
Trading Securities
Trading securities	3,871,000	4,207,000
Securities available-for-sale
Investment securities available-for-sale	319,918,000	365,125,000
U.S. Government agencies and sponsored enterprises (GSEs):
Recurring fair value measurements	323,789,000	369,332,000
Nonrecurring fair value measurements
Nonrecurring fair value measurements	50,000
Fair Value, Inputs, Level 2 [Member] | Other Real Estate Owned [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	50,000
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Trading Securities
Trading securities	3,871,000	4,207,000
Securities available-for-sale
Investment securities available-for-sale	73,938,000	72,569,000
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	42,263,000	62,665,000
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available-for-sale
Investment securities available-for-sale	120,943,000	136,192,000
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Securities available-for-sale
Investment securities available-for-sale	76,738,000	87,662,000
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Securities available-for-sale
Investment securities available-for-sale	6,036,000	6,037,000
Fair Value, Inputs, Level 3 [Member]
Securities available-for-sale
Investment securities available-for-sale	2,694,000	2,439,000
U.S. Government agencies and sponsored enterprises (GSEs):
Recurring fair value measurements	2,694,000	2,439,000
Nonrecurring fair value measurements
Nonrecurring fair value measurements	809,000	3,827,000
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	749,000	3,715,000
Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Nonrecurring fair value measurements
Nonrecurring fair value measurements	60,000	112,000
Fair Value, Inputs, Level 3 [Member] | Collateralized Debt Obligations [Member]
Securities available-for-sale
Investment securities available-for-sale	$ 2,694,000	$ 2,439,000

Note 9 - Fair Value Measureme58

Note 9 - Fair Value Measurements and Disclosures (Details) - Quantitative Information about Assets Measured at Fair Value - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	$ 859	$ 3,827
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	749	3,715
Mortgage Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	60	112
Fair Value, Inputs, Level 3 [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	809	3,827
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	749	3,715
Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	60	112
Fair Value, Inputs, Level 3 [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	$ 638	$ 953
Liquidation expenses	10.00%	10.00%
Fair Value, Inputs, Level 3 [Member] | Market Approach Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	$ 111	$ 112
Discount rate	6.375%	6.375%
Fair Value, Inputs, Level 3 [Member] | Market Approach Valuation Technique [Member] | Mortgage Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)	$ 60	$ 112
Fair Value, Inputs, Level 3 [Member] | Agreement of Sale [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair Value (in Dollars)		$ 2,650
Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraisal adjustments	20.00%	20.00%
Fair Value, Inputs, Level 3 [Member] | Minimum [Member] | Market Approach Valuation Technique [Member] | Mortgage Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate	10.00%	10.00%
Remaining term	2 years	2 years
Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Income Approach Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Appraisal adjustments	100.00%	100.00%
Fair Value, Inputs, Level 3 [Member] | Maximum [Member] | Market Approach Valuation Technique [Member] | Mortgage Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Discount rate	12.00%	12.00%
Remaining term	28 years	28 years

Note 9 - Fair Value Measureme59

Note 9 - Fair Value Measurements and Disclosures (Details) - Available-for-sale Securities Measured at Fair Value Using Significant Unobservable Inputs - Fair Value, Inputs, Level 3 [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, January 1, 2015	$ 2,439
Payments received	(18)
Total gains or losses (realized/unrealized)
Included in other comprehensive income	273
Balance, June 30, 2015	$ 2,694

Note 9 - Fair Value Measureme60

Note 9 - Fair Value Measurements and Disclosures (Details) - Financial and Off-balance Sheet Instruments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Financial assets
Cash and cash equivalents	$ 20,624	$ 18,245	$ 19,742	$ 16,286
Cash and cash equivalents	20,624	18,245
Investment securities:
Trading	3,871	4,207
Investment securities available-for-sale	330,231	375,219
Held-to-maturity	146	146
Held-to-maturity	154	156
Restricted investment in bank stocks	508	647
Restricted investment in bank stocks	508	647
Loans held-for-sale	466	380
Loans held-for-sale	475	394
Net loans	570,601	547,281
Net loans	565,261	544,126
Mortgage servicing rights	521	504
Mortgage servicing rights	667	601
Accrued interest receivable	2,324	2,568
Accrued interest receivable	2,324	2,568
Financial liabilities
Deposits with no stated maturities	826,081	851,592
Short-term borrowings	32,896	35,189
Short-term borrowings	32,896	35,189
Accrued interest payable	337	344
Accrued interest payable	337	344
With No Stated Maturities [Member]
Financial liabilities
Deposits with no stated maturities	591,937	608,345
Deposits with no stated maturities	591,937	608,345
With Stated Maturities [Member]
Financial liabilities
Deposits with no stated maturities	234,144	243,247
Deposits with no stated maturities	234,954	244,152
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and cash equivalents	20,624	18,245
Investment securities:
Investment securities available-for-sale	7,619	7,655
Financial liabilities
Short-term borrowings	32,896	35,189
Fair Value, Inputs, Level 1 [Member] | With No Stated Maturities [Member]
Financial liabilities
Deposits with no stated maturities	591,937	608,345
Fair Value, Inputs, Level 2 [Member]
Investment securities:
Trading	3,871	4,207
Investment securities available-for-sale	319,918	365,125
Held-to-maturity	154	156
Restricted investment in bank stocks	508	647
Loans held-for-sale	475	394
Accrued interest receivable	2,324	2,568
Financial liabilities
Accrued interest payable	337	344
Fair Value, Inputs, Level 2 [Member] | With Stated Maturities [Member]
Financial liabilities
Deposits with no stated maturities	234,954	244,152
Fair Value, Inputs, Level 3 [Member]
Investment securities:
Investment securities available-for-sale	2,694	2,439
Net loans	565,261	544,126
Mortgage servicing rights	$ 667	$ 601

Note 10 - Off-balance-sheet F61

Note 10 - Off-balance-sheet Financial Instruments and Guarantees (Details) - Financial Instrument Commitments - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instrument commitments	$ 226,403	$ 209,772
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instrument commitments	220,961	203,496
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instrument commitments	$ 5,442	$ 6,276

Note 11 - Regulatory Restrict62

Note 11 - Regulatory Restrictions (Details) - Capital Ratios and Regulatory Minimum Requirements - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Consolidated Entities [Member]
Total risk-based capital (to risk-weighted assets):
Risk-based capital (to risk-weighted assets) actual amount	$ 96,010	$ 93,927
Risk-based capital (to risk-weighted assets) actual ratio	13.05%	14.06%
Risk-based capital (to risk-weighted assets) adequately capitalized amount	$ 58,844	$ 53,425
Risk-based capital (to risk-weighted assets) adequately capitalized ratio	8.00%	8.00%
Risk-based capital (to risk-weighted assets) well capitalized amount	$ 73,555
Risk-based capital (to risk-weighted assets) well capitalized ratio	10.00%
Tier I capital (to risk-weighted assets):
Tier i capital (to risk-weighted assets) actual amount	$ 88,241	$ 85,439
Tier i capital (to risk-weighted assets) actual ratio	12.00%	12.79%
Tier i capital (to risk-weighted assets) adequately capitalized amount	$ 44,133	$ 26,713
Tier i capital (to risk-weighted assets) adequately capitalized ratio	6.00%	4.00%
Tier i capital (to risk-weighted assets) well capitalized amount	$ 44,133
Tier i capital (to risk-weighted assets) well capitalized ratio	6.00%
Common equity tier 1 capital (to risk-weighted assets):
Common equity tier 1 capital (to risk-weighted assets) actual amount	$ 88,241
Common equity tier 1 capital (to risk-weighted assets) actual ratio	12.00%
Common equity tier 1 capital (to risk-weighted assets) adequately capitalized amount	$ 33,100
Common equity tier 1 capital (to risk-weighted assets) adequately capitalized ratio	4.50%
Common equity tier 1 capital (to risk-weighted assets) well capitalized amount
Common equity tier 1 capital (to risk-weighted assets) well capitalized ratio
Tier I capital (to average assets):
Tier i capital (to average assets) actual amount	$ 88,241	$ 85,439
Tier i capital (to average assets) actual ratio	9.18%	8.65%
Tier i capital (to average assets) adequately capitalized amount	$ 38,443	$ 39,501
Tier i capital (to average assets) adequately capitalized ratio	4.00%	4.00%
Tier i capital (to average assets) well capitalized amount
Tier i capital (to average assets) well capitalized ratio
Bank [Member]
Total risk-based capital (to risk-weighted assets):
Risk-based capital (to risk-weighted assets) actual amount	$ 88,793	$ 86,884
Risk-based capital (to risk-weighted assets) actual ratio	12.45%	13.14%
Risk-based capital (to risk-weighted assets) adequately capitalized amount	$ 57,078	$ 52,891
Risk-based capital (to risk-weighted assets) adequately capitalized ratio	8.00%	8.00%
Risk-based capital (to risk-weighted assets) well capitalized amount	$ 71,348	$ 66,114
Risk-based capital (to risk-weighted assets) well capitalized ratio	10.00%	10.00%
Tier I capital (to risk-weighted assets):
Tier i capital (to risk-weighted assets) actual amount	$ 81,079	$ 78,824
Tier i capital (to risk-weighted assets) actual ratio	11.36%	11.92%
Tier i capital (to risk-weighted assets) adequately capitalized amount	$ 42,809	$ 26,446
Tier i capital (to risk-weighted assets) adequately capitalized ratio	6.00%	4.00%
Tier i capital (to risk-weighted assets) well capitalized amount	$ 57,078	$ 39,669
Tier i capital (to risk-weighted assets) well capitalized ratio	8.00%	6.00%
Common equity tier 1 capital (to risk-weighted assets):
Common equity tier 1 capital (to risk-weighted assets) actual amount	$ 81,079
Common equity tier 1 capital (to risk-weighted assets) actual ratio	11.36%
Common equity tier 1 capital (to risk-weighted assets) adequately capitalized amount	$ 32,106
Common equity tier 1 capital (to risk-weighted assets) adequately capitalized ratio	4.50%
Common equity tier 1 capital (to risk-weighted assets) well capitalized amount	$ 46,376
Common equity tier 1 capital (to risk-weighted assets) well capitalized ratio	6.50%
Tier I capital (to average assets):
Tier i capital (to average assets) actual amount	$ 81,079	$ 78,824
Tier i capital (to average assets) actual ratio	8.50%	8.04%
Tier i capital (to average assets) adequately capitalized amount	$ 38,159	$ 39,237
Tier i capital (to average assets) adequately capitalized ratio	4.00%	4.00%
Tier i capital (to average assets) well capitalized amount	$ 47,699	$ 49,047
Tier i capital (to average assets) well capitalized ratio	5.00%	5.00%