HMN Financial (HMNF) 10-Q 4 Nov 15 2015 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 20, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	HMN FINANCIAL INC
Trading Symbol	hmnf
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		4,482,893
Amendment Flag	false
Entity Central Index Key	921,183
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 10,359	$ 46,634
Securities available for sale:
Mortgage-backed and related securities (amortized cost $6,979 and $2,755)	7,080	2,909
Other marketable securities (amortized cost $138,254 and $135,772)	138,258	134,925
	145,338	137,834
Loans held for sale	5,153	2,076
Loans receivable, net	432,174	365,113
Accrued interest receivable	2,162	1,713
Real estate, net	2,504	3,103
Federal Home Loan Bank stock, at cost	691	777
Mortgage servicing rights, net	1,446	1,507
Premises and equipment, net	7,426	6,982
Core deposit intangible	411	0
Prepaid expenses and other assets	1,040	1,157
Deferred tax asset, net	10,213	10,530
Total assets	618,917	577,426
Liabilities and Stockholders’ Equity
Deposits	531,586	496,750
Other borrowings	10,000	0
Accrued interest payable	252	93
Customer escrows	1,274	788
Accrued expenses and other liabilities	7,095	3,782
Total liabilities	$ 550,207	$ 501,413
Commitments and contingencies
Stockholders’ equity:
Serial preferred stock ($.01 par value): authorized 500,000 shares; issued and outstanding shares 0 and 10,000	$ 0	$ 10,000
Common stock ($.01 par value): authorized 16,000,000; issued shares 9,128,662	91	91
Additional paid-in capital	50,314	50,207
Retained earnings, subject to certain restrictions	79,446	77,805
Accumulated other comprehensive income (loss), net of tax	63	(418)
Unearned employee stock ownership plan shares	(2,465)	(2,610)
Treasury stock, at cost 4,645,769 and 4,658,323 shares	(58,739)	(59,062)
Total stockholders’ equity	68,710	76,013
Total liabilities and stockholders’ equity	$ 618,917	$ 577,426

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Mortgage-backed and related securities amortized cost (in Dollars)	$ 6,979	$ 2,755
Other marketable securities amortized cost (in Dollars)	$ 138,254	$ 135,772
Serial preferred stock, shares authorized	500,000	500,000
Serial preferred stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Serial preferred stock, shares issued	0	10,000
Serial preferred stock , shares outstanding	0	10,000
Common stock, shares authorized	16,000,000	16,000,000
Common stock, shares issued	9,128,662	9,128,662
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Treasury stock, shares	4,645,769	4,658,323

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest income:
Loans receivable	$ 4,860	$ 4,669	$ 13,751	$ 14,398
Securities available for sale:
Mortgage-backed and related	35	38	87	131
Other marketable	468	378	1,455	889
Cash equivalents	26	45	48	157
Other	1	1	3	3
Total interest income	5,390	5,131	15,344	15,578
Interest expense:
Deposits	231	297	705	937
Federal Home Loan Bank advances	0	0	1	0
Other borrowings	166	0	408	0
Total interest expense	397	297	1,114	937
Net interest income	4,993	4,834	14,230	14,641
Provision for loan losses	(56)	(989)	(239)	(4,777)
Net interest income after provision for loan losses	5,049	5,823	14,469	19,418
Non-interest income:
Fees and service charges	863	903	2,489	2,627
Mortgage servicing fees	262	263	778	787
Gain on sales of loans	613	804	1,428	1,480
Gain on acquisition	289	0	289	0
Other	204	224	708	710
Total non-interest income	2,231	2,194	5,692	5,604
Non-interest expense:
Compensation and benefits	3,299	3,193	10,285	9,944
Losses (gains) on real estate owned	168	(78)	121	(1,130)
Occupancy	936	896	2,741	2,654
Deposit insurance	125	74	269	328
Data processing	254	240	753	735
Other	1,187	1,100	3,031	3,055
Total non-interest expense	5,969	5,425	17,200	15,586
Income before income tax expense	1,311	2,592	2,961	9,436
Income tax expense	491	1,054	1,095	3,736
Net income	820	1,538	1,866	5,700
Preferred stock dividends	0	(360)	(108)	(1,417)
Net income for common shareholders	820	1,178	1,758	4,283
Other comprehensive income (loss), net of tax	275	(70)	481	302
Comprehensive income attributable to common shareholders	$ 1,095	$ 1,108	$ 2,239	$ 4,585
Basic earnings per common share (in Dollars per share)	$ 0.20	$ 0.29	$ 0.43	$ 1.06
Diluted earnings per common share (in Dollars per share)	$ 0.18	$ 0.25	$ 0.38	$ 0.93

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2015 - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Unearned Employee Stock Ownership Plan Shares [Member]	Treasury Stock [Member]	Total
Balance, December 31, 2014 at Dec. 31, 2014	$ 10,000	$ 91	$ 50,207	$ 77,805	$ (418)	$ (2,610)	$ (59,062)	$ 76,013
Net income				1,866				1,866
Other comprehensive income					481			481
Redemption of preferred stock	(10,000)							(10,000)
Restricted stock awards			(332)				332	0
Restricted stock awards forfeiture			9				(9)	0
Amortization of restricted stock awards			387					387
Dividends on preferred stock				(225)				(225)
Earned employee stock ownership plan shares			43			145		188
Balance, September 30, 2015 at Sep. 30, 2015	$ 0	$ 91	$ 50,314	$ 79,446	$ 63	$ (2,465)	$ (58,739)	$ 68,710

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net income	$ 1,866,000	$ 5,700,000
Adjustments to reconcile net income to cash provided by operating activities:
Provision for loan losses	(239,000)	(4,777,000)
Depreciation	516,000	416,000
Amortization of (discounts) premiums, net	(10,000)	7,000
Amortization of deferred loan fees	(194,000)	(175,000)
Amortization of core deposit intangible	436,000	385,000
Amortization of purchased loan market adjustments	(112,000)	0
Amortization of mortgage servicing rights and servicing costs	427,000	385,000
Capitalized mortgage servicing rights	(366,000)	(219,000)
Loss (gain) on sales of real estate	121,000	(1,130,000)
Gain on sales of loans	(1,428,000)	(1,480,000)
Proceeds from sale of loans held for sale	55,995,000	42,724,000
Disbursements on loans held for sale	(50,952,000)	(29,032,000)
Amortization of restricted stock awards	387,000	176,000
Amortization of unearned ESOP shares	145,000	145,000
Earned employee stock ownership shares priced above original cost	43,000	37,000
Stock option compensation	0	1,000
(Increase) decrease in accrued interest receivable	(254,000)	167,000
Increase (decrease) in accrued interest payable	148,000	(46,000)
Decrease in other assets	195,000	170,000
Increase in other liabilities	3,252,000	3,508,000
Other, net	33,000	388,000
Net cash provided by operating activities	9,582,000	16,965,000
Cash flows from investing activities:
Principal collected on securities available for sale	1,257,000	1,726,000
Proceeds collected on maturities of securities available for sale	118,570,000	55,000,000
Purchases of securities available for sale	(109,070,000)	(89,000,000)
Purchase of Federal Home Loan Bank Stock	(119,000)	0
Redemption of Federal Home Loan Bank Stock	205,000	7,000
Proceeds from sales of real estate and premises	772,000	4,382,000
Net (increase) decrease in loans receivable	(49,252,000)	11,898,000
Gain on acquisition	(289,000)	0
Purchases of premises and equipment	(570,000)	(538,000)
Net cash used by investing activities	(33,680,000)	(16,525,000)
Cash flows from financing activities:
Decrease in deposits	(12,438,000)	(49,024,000)
Redemption of preferred stock	(10,000,000)	(10,000,000)
Dividends to preferred stockholders	(225,000)	(5,604,000)
Proceeds from borrowings	41,000,000	0
Repayment of borrowings	(31,000,000)	0
Increase in customer escrows	486,000	679,000
Net cash used by financing activities	(12,177,000)	(63,949,000)
Decrease in cash and cash equivalents	(36,275,000)	(63,509,000)
Cash and cash equivalents, beginning of period	46,634,000	120,686,000
Cash and cash equivalents, end of period	10,359,000	57,177,000
Supplemental cash flow disclosures:
Cash paid for interest	954,000	983,000
Cash paid for income taxes	191,000	0
Supplemental noncash flow disclosures:
Transfer of loans to real estate	110,000	142,000
Loans transferred to loans held for sale	6,701,000	11,954,000
Kasson State Bank [Member]
Cash flows from investing activities:
Gain on acquisition	(289,000)	0
Acquisition of Kasson State Bank (net of cash acquired)	4,816,000	0
Core Deposits [Member]
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of core deposit intangible	$ 9,000	$ 0

Note 1 - HMN Financial, Inc.

Note 1 - HMN Financial, Inc.	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	(1) HMN Financial, Inc. HMN Financial, Inc. (HMN or the Company) is a stock savings bank holding company that owns 100 percent of Home Federal Savings Bank (the Bank). The Bank has a community banking philosophy and operates retail banking and loan production facilities in Minnesota, Iowa, and Wisconsin. The Bank has two wholly owned subsidiaries, Osterud Insurance Agency, Inc. (OIA), which offers financial planning products and services, and HFSB Property Holdings, LLC (HPH), which acts as an intermediary for the Bank in holding and operating certain foreclosed properties. The consolidated financial statements included herein are for HMN, the Bank, OIA and HPH. All significant intercompany accounts and transactions have been eliminated in consolidation.

Note 2 - Basis of Preparation

Note 2 - Basis of Preparation	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Basis of Accounting [Text Block]	(2) Basis of Preparation The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures necessary for a complete presentation of the consolidated balance sheets, consolidated statements of comprehensive income, consolidated statement of stockholders' equity and consolidated statements of cash flows in conformity with U.S. generally accepted accounting principles. However, all normal recurring adjustments which are, in the opinion of management, necessary for the fair presentation of the interim financial statements have been included. The results of operations for the nine-month period ended September 30, 2015 are not necessarily indicative of the results which may be expected for the entire year.

Note 3 - Derivative Instruments

Note 3 - Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	(3) De rivative Instruments and Hedging Activities The Company had commitments outstanding to extend credit to future borrowers that had not closed prior to the end of the quarter. The Company intends to sell these commitments, which are referred to as its mortgage pipeline. As commitments to originate or purchase loans enter the mortgage pipeline, the Company generally enters into commitments to sell the mortgage pipeline into the secondary market on a firm commitment or best efforts basis. The commitments to originate, purchase or sell loans on a firm commitment basis are derivatives and are recorded at market value. As a result of marking to market the mortgage pipeline and the related firm commitments to sell at September 30, 2015, the Company recorded an increase in other assets of $76,000, an increase in other liabilities of $9 ,000 and a gain included in the gain on sales of loans of $67,000. The current commitments to sell loans held for sale are derivatives that do not qualify for hedge accounting. As a result, these derivatives are marked to market and the related loans held for sale are recorded at the lower-of-cost-or-market. As of and for the nine months ended September 30, 2015, t he Company recorded an increase in other liabilities of $75 ,000 and a loss included in the gain on sales of loans of $75 ,000.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	( 4 ) Fair Value Measurements ASC 820, Fair Value Measurements, Level 1 Level 2 Level 3 liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. The following table summarizes the assets and liabilities of the Company for which fair values are determined on a recurring basis as of September 30, 2015 and December 31, 2014. Carrying value at September 30, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 145,338 0 145,338 0 Mortgage loan commitments 93 0 93 0 Total $ 145,431 0 145,431 0 Carrying value at December 31, 2014 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 137,834 0 137,834 0 Mortgage loan commitments 16 0 16 0 Total $ 137,850 0 137,850 0 There were no transfers between Levels 1, 2, or 3 during the three or nine-month periods ended September 30, 2015. The Company may also be required, from time to time, to measure certain other financial assets at fair value on a nonrecurring basis in accordance with generally accepted accounting principles. These adjustments to fair value usually result from the application of the lower-of-cost-or-market accounting or write-downs of individual assets. For assets measured at fair value on a nonrecurring basis in the third quarter of 2015 that were still held at September 30, 2015, the following table provides the level of valuation assumptions used to determine each adjustment and the carrying value of the related individual assets or portfolios at September 30, 2015 and December 31, 2014. Carrying value at September 30, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three months ended September 30, 2015 Total gains (losses) Nine months ended September 30, 2015 Total gains (losses) Loans held for sale $ 5,153 0 5,153 0 83 75 Mortgage servicing rights 1,446 0 1,446 0 0 0 Loans (1) 9,848 0 9,848 0 39 (203 ) Real estate, net (2) 2,504 0 2,504 0 (200 ) (200 ) Total $ 18,951 0 18,951 0 (78 ) (328 ) Carrying value at December 31, 2014 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year ended December 31, 2014 Total gains (losses) Loans held for sale $ 2,076 0 2,076 0 (1 ) Mortgage servicing rights 1,507 0 1,507 0 0 Loans (1) 11,882 0 11,882 0 532 Real estate, net (2) 3,103 0 3,103 0 (134 ) Total $ 18,568 0 18,568 0 397 (1) Represents the carrying value and related specific reserves on loans for which adjustments are based on the appraised value of the collateral. The carrying value of loans fully charged-off is zero. (2) Represents the fair value and related losses of foreclosed real estate and other collateral owned that were measured at fair value subsequent to their initial classification as foreclosed assets.

Note 5 - Fair Value of Financia

Note 5 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block Supplement [Abstract]
Financial Instruments Disclosure [Text Block]	( 5 ) Fair Value of Financial Instruments Generally accepted accounting principles require interim reporting period disclosure about the fair value of financial instruments, including assets, liabilities and off-balance sheet items for which it is practicable to estimate fair value. The fair value hierarchy level for each asset and liability, as defined in note 4, have been included in the following table for September 30, 2015. The fair value estimates are made based upon relevant market information, if available, and upon the characteristics of the financial instruments themselves. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based upon judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. The estimated fair value of the Company’s financial instruments as of September 30, 2015 and December 31, 2014 are shown below. September 30, 2015 December 31, 2014 Fair value hierarchy Fair value hierarchy (Dollars in thousands) Carrying amount Estimated fair value Level 1 Level 2 Level 3 Contract amount Carrying amount Estimated fair value Level 1 Level 2 Level 3 Contract amount Financial assets: Cash and cash equivalents $ 10,359 10,359 10,359 46,634 46,634 46,634 Securities available for sale 145,338 145,338 145,338 137,834 137,834 137,834 Loans held for sale 5,153 5,153 5,153 2,076 2,076 2,076 Loans receivable, net 432,174 430,694 430,694 365,113 364,509 364,509 Federal Home Loan Bank stock 691 691 691 777 777 777 Accrued interest receivable 2,162 2,162 2,162 1,713 1,713 1,713 Financial liabilities: Deposits 531,586 531,310 531,310 496,750 496,494 496,494 Other borrowings 10,000 10,025 10,025 0 0 Accrued interest payable 252 252 252 93 93 93 Off-balance sheet financial Commitments to extend credit 93 93 234,591 16 16 141,578 Commitments to sell loans (114 ) (114 ) 11,061 (30 ) (30 ) 3,279 Cash and Cash Equivalents The carrying amount of cash and cash equivalents approximates their fair value. Securities Available for Sale The fair values of securities were based upon quoted market prices for identical or similar instruments in active markets. Loans Held for Sale The fair values of loans held for sale were based upon quoted market prices for loans with similar interest rates and terms to maturity. Loans Receivable, net The fair value of the loan portfolio was calculated by discounting the scheduled cash flows through the estimated maturity using anticipated prepayment speeds and using discount rates that reflect the credit and interest rate risk inherent in each loan portfolio. Federal Home Loan Bank Stock The carrying amount of FHLB stock approximates its fair value. Accrued Interest Receivable The carrying amount of accrued interest receivable approximates its fair value since it is short-term in nature and does not present unanticipated credit concerns. Deposits The fair value of demand deposits, savings accounts and certain money market account deposits is the amount payable on demand at the reporting date. The fair value of fixed maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities. If the fair value of the fixed maturity certificates of deposit is calculated at less than the carrying amount, the carrying value of these deposits is reported as the fair value. The fair value estimate for deposits does not include the benefit that results from the low cost funding provided by the Company's existing deposits and long-term customer relationships compared to the cost of obtaining different sources of funding. This benefit is commonly referred to as the core deposit intangible. Other Borrowings The fair values of other borrowings with fixed maturities are estimated based on discounted cash flow analysis using as discount rates the interest rates charged by the Federal Home Loan Bank for borrowings of similar remaining maturities. Accrued Interest Payable The carrying amount of accrued interest payable approximates its fair value since it is short-term in nature. Commitments to Extend Credit The fair values of commitments to extend credit are estimated using the fees normally charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counter parties. Commitments to Sell Loans The fair values of commitments to sell loans are estimated using the quoted market prices for loans with similar interest rates and terms to maturity.

Note 6 - Other Comprehensive In

Note 6 - Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	(6 ) Other Comprehensive Income (Loss) Other comprehensive income (loss) is defined as the change in equity during a period from transactions and other events from nonowner sources. Comprehensive income (loss) is the total of net income and other comprehensive income (loss), which for the Company is comprised of unrealized gains and losses on securities available for sale. The components of other comprehensive income (loss) and the related tax effects for the quarter and nine-months ended September 30, 2015 and 2014 were as follows: For the three months ended September 30, (Dollars in thousands) 2015 2014 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Net unrealized gains (losses) arising during the period $ 458 183 275 (234 ) (164 ) (70 ) Other comprehensive income (loss) $ 458 183 275 (234 ) (164 ) (70 ) For the nine months ended September 30, (Dollars in thousands) 2015 2014 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Net unrealized gains arising during the period $ 798 317 481 317 15 302 Other comprehensive income $ 798 317 481 317 15 302

Note 7 - Securities Available f

Note 7 - Securities Available for Sale	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	(7 ) Securities Available For Sale The following table shows the gross unrealized losses and fair value for the securities available for sale portfolio, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2015 and December 31, 2014. September 30, 2015 Less than twelve months Twelve months or more Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage backed securities: Federal National Mortgage Association (FNMA) 6 $ 51 (1 ) 0 $ 0 0 51 (1 ) Collateralized mortgage obligations: FNMA 2 522 (2 ) 0 0 0 522 (2 ) Other marketable securities: U.S. Government agency obligations 1 5,005 (2 ) 0 0 0 5,005 (2 ) Municipal obligations 14 2,168 (6 ) 0 0 0 2,168 (6 ) Corporate debt 1 337 (4 ) 0 0 0 337 (4 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Corporate equity 1 52 (6 ) 0 0 0 52 (6 ) Total temporarily impaired securities 25 $ 8,135 (21 ) 1 $ 350 (350 ) $ 8,485 (371 ) December 31, 2014 Less than twelve months Twelve months or more Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses Other marketable securities: U.S. Government agency obligations 22 $ 104,453 (551 ) 1 $ 4,970 (50 ) $ 109,423 (601 ) Corporate preferred stock 0 0 0 1 420 (280 ) 420 (280 ) Total temporarily impaired securities 22 $ 104,453 (551 ) 2 $ 5,390 (330 ) $ 109,843 (881 ) We review our investment portfolio on a quarterly basis for indications of impairment. This review includes analyzing the length of time and the extent to which the fair value has been lower than the cost, the market liquidity for the investment, the financial condition and near-term prospects of the issuer, including any specific events which may influence the operations of the issuer, and our intent and ability to hold the investment for a period of time sufficient to recover the temporary loss. The unrealized losses reported for corporate preferred stock over twelve months at September 30, 2015 related to a single trust preferred security that was issued by the holding company of a small community bank. Typical of most trust preferred issuances, the issuer has the ability to defer interest payments for up to five years with interest payable on the deferred balance. In September 2014, the issuer paid all previously deferred interest that was due and all payments were current as of September 30, 2014. In January 2015, the issuer began to defer its scheduled interest payments as allowed by the terms of the security agreement. The issuer’s subsidiary bank has incurred operating losses due to increased provisions for loan losses but still met the regulatory requirements to be considered “well capitalized” based on its most recent regulatory filing. Based on a review of the issuer, it was determined that the trust preferred security was not other-than-temporarily impaired at September 30, 2015. The Company does not intend to sell the trust preferred security and has the intent and ability to hold it for a period of time sufficient to recover the temporary loss. Management believes that the Company will receive all principal and interest payments contractually due on the security and that the decrease in the market value is primarily due to a lack of liquidity in the market for trust preferred securities and the deferral of interest by the issuer. Management will continue to monitor the credit risk of the issuer and may be required to recognize other-than-temporary impairment charges on this security in future periods. A summary of securities available for sale at September 30, 2015 and December 31, 2014 is as follows: Gross unrealized Gross unrealized (Dollars in thousands) Amortized cost gains losses Fair value September 30, 201 5 : Mortgage-backed securities: Federal Home Loan Mortgage Corporation (FHLMC) $ 1,382 45 0 1,427 FNMA 2,598 41 (1 ) 2,638 Government National Mortgage Association (GNMA) 40 0 0 40 Collateralized mortgage obligations: FHLMC 1,285 9 0 1,294 FNMA 1,625 9 (2 ) 1,632 GNMA 49 0 0 49 6,979 104 (3 ) 7,080 Other marketable securities: U.S. Government agency obligations 133,151 355 (2 ) 133,504 Municipal obligations 4,004 17 (6 ) 4,015 Corporate debt 341 0 (4 ) 337 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 0 (6 ) 52 138,254 372 (368 ) 138,258 $ 145,233 476 (371 ) 145,338 Gross unrealized Gross unrealized (Dollars in thousands) Amortized cost gains losses Fair value December 31, 201 4 : Mortgage-backed securities: FHLMC $ 1,418 90 0 1,508 FNMA 1,337 64 0 1,401 2,755 154 0 2,909 Other marketable securities: U.S. Government agency obligations 135,014 31 (601 ) 134,444 Corporate preferred stock 700 0 (280 ) 420 Corporate equity 58 3 0 61 135,772 34 (881 ) 134,925 $ 138,527 188 (881 ) 137,834 The following table indicates amortized cost and estimated fair value of securities available for sale at September 30, 2015 based upon contractual maturity adjusted for scheduled repayments of principal and projected prepayments of principal based upon current economic conditions and interest rates. (Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 8,180 8,228 Due after one year through five years 132,979 133,376 Due after five years through ten years 3,038 3,051 Due after ten years 978 631 No stated maturity 58 52 Total $ 145,233 145,338 The allocation of mortgage-backed securities in the table above is based upon the anticipated future cash flow of the securities using estimated mortgage prepayment speeds. The allocation of other marketable securities that have call features is based on the anticipated cash flows to the call date if it is anticipated that the security will be called, or to the maturity date if it is not anticipated to be called.

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 8 ) Loans Receivable, Net A summary of loans receivable at September 30, 2015 and December 31, 2014 is as follows: (Dollars in thousands) September 30, 2015 December 31, 2014 1-4 family $ 82,227 69,841 Commercial real estate: Residential developments 29,074 19,960 Other 207,045 171,708 236,119 191,668 Consumer 62,855 54,925 Commercial business: Construction industry 7,210 7,121 Other 52,616 50,001 59,826 57,122 Total loans 441,027 373,556 Less: Unamortized discounts 14 14 Net deferred loan costs 53 97 Allowance for loan losses 8,786 8,332 Total loans receivable, net $ 432,174 365,113

Note 9 - Allowance for Loan Los

Note 9 - Allowance for Loan Losses and Credit Quality Information	9 Months Ended
	Sep. 30, 2015
Allowance For Loan Losses And Credit Quality Information [Abstract]
Allowance For Loan Losses And Credit Quality Information [Text Block]	( 9 ) Allowance for Loan Losses and Credit Quality Information The allowance for loan losses for the three and nine months ended September 30, 2015 and 2014 is summarized as follows: (Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended September 30, 2015: Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402 Provision for losses 117 (462 ) 25 264 (56 ) Charge-offs (19 ) 0 (39 ) (1 ) (59 ) Recoveries 1 435 7 56 499 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 For the nine months ended September 30, 2015: Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Provision for losses 30 (415 ) 191 (45 ) (239 ) Charge-offs (19 ) 0 (66 ) (6 ) (91 ) Recoveries 3 642 21 118 784 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 Allocated to: Specific reserves $ 270 370 307 127 1,074 General reserves 826 4,654 702 1,076 7,258 Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Allocated to: Specific reserves $ 220 259 353 79 911 General reserves 890 4,992 802 1,191 7,875 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 Loans receivable at December 31, 2014: Individually reviewed for impairment $ 1,867 9,728 806 555 12,956 Collectively reviewed for impairment 67,974 181,940 54,119 56,567 360,600 Ending balance $ 69,841 191,668 54,925 57,122 373,556 Loans receivable at September 30, 2015: Individually reviewed for impairment $ 1,862 7,589 917 402 10,770 Collectively reviewed for impairment 80,365 228,530 61,938 59,424 430,257 Ending balance $ 82,227 236,119 62,855 59,826 441,027 (Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended September 30, 2014: Balance, June 30, 2014 $ 2,085 3,823 1,164 1,624 8,696 Provision for losses (489 ) 14 (16 ) (498 ) (989 ) Charge-offs 0 0 (15 ) (55 ) (70 ) Recoveries 0 229 10 47 286 Balance, September 30, 2014 $ 1,596 4,066 1,143 1,118 7,923 For the nine months ended September 30, 2014: Balance, December 31, 2013 $ 1,628 6,458 1,106 2,209 11,401 Provision for losses 60 (3,588 ) 83 (1,332 ) (4,777 ) Charge-offs (92 ) (936 ) (75 ) (56 ) (1,159 ) Recoveries 0 2,132 29 297 2,458 Balance, September 30, 2014 $ 1,596 4,066 1,143 1,118 7,923 The following table summarizes the amount of classified and unclassified loans at September 30, 2015 and December 31, 2014: September 30, 2015 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 191 2,556 55 0 2,802 79,425 82,227 Commercial real estate: Residential developments 0 6,842 0 0 6,842 22,232 29,074 Other 3,158 12,744 0 0 15,902 191,143 207,045 Consumer 0 568 89 260 917 61,938 62,855 Commercial business: Construction industry 48 185 0 0 233 6,977 7,210 Other 4,653 1,567 14 0 6,234 46,382 52,616 $ 8,050 24,462 158 260 32,930 408,097 441,027 December 31, 2014 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 0 2,493 207 0 2,700 67,141 69,841 Commercial real estate: Residential developments 323 9,960 0 0 10,283 9,677 19,960 Other 7,376 8,792 0 0 16,168 155,540 171,708 Consumer 0 489 55 261 805 54,120 54,925 Commercial business: Construction industry 0 439 0 0 439 6,682 7,121 Other 4,255 1,156 0 0 5,411 44,590 50,001 $ 11,954 23,329 262 261 35,806 337,750 373,556 Classified loans represent special mention, substandard (performing and non-performing), and non-performing loans categorized as doubtful and loss. Loans classified as special mention are loans that have potential weaknesses that, if left uncorrected, may result in deterioration of the repayment prospects for the asset or in the Bank’s credit position at some future date. Loans classified as substandard are loans that are generally inadequately protected by the current net worth and paying capacity of the obligor, or by the collateral pledged, if any. Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. Substandard loans are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Loans classified as doubtful have the weaknesses of those classified as substandard, with additional characteristics that make collection in full on the basis of currently existing facts, conditions and values questionable, and there is a high possibility of loss. A loan classified as loss is considered uncollectible and of such little value that continuance as an asset on the balance sheet is not warranted. Loans classified as substandard or doubtful require the Bank to perform an analysis of the individual loan and charge off any loans, or portion thereof, that are deemed uncollectible. The aging of past due loans at September 30, 2015 and December 31, 2014 is summarized as follows: (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 Days or More Past Due and Still Accruing September 30, 201 5 1-4 family $ 915 318 714 1,947 80,280 82,227 0 Commercial real estate: Residential developments 0 0 0 0 29,074 29,074 0 Other 0 0 0 0 207,045 207,045 0 Consumer 306 290 147 743 62,112 62,855 0 Commercial business: Construction industry 0 0 0 0 7,210 7,210 0 Other 263 20 15 298 52,318 52,616 0 $ 1,484 628 876 2,988 438,039 441,027 0 December 31, 2014 1-4 family $ 413 673 841 1,927 67,914 69,841 0 Commercial real estate: Residential developments 0 0 0 0 19,960 19,960 0 Other 0 0 0 0 171,708 171,708 0 Consumer 550 176 131 857 54,068 54,925 0 Commercial business: Construction industry 0 0 0 0 7,121 7,121 0 Other 136 0 0 136 49,865 50,001 0 $ 1,099 849 972 2,920 370,636 373,556 0 Impaired loans include loans that are non-performing (non-accruing) and loans that have been modified in a troubled debt restructuring (TDR). The following table summarizes impaired loans and related allowances as of September 30, 2015 and December 31, 2014: September 30, 2015 December 31, 2014 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance Loans with no related allowance recorded: 1-4 family $ 995 995 0 755 755 0 Commercial real estate: Residential developments 5,215 7,558 0 7,416 10,040 0 Other 500 645 0 48 216 0 Consumer 410 411 0 463 464 0 Commercial business: Construction industry 0 102 0 80 198 0 Other 14 14 0 0 0 0 Loans with an allowance recorded: 1-4 family 867 867 220 1,112 1,112 270 Commercial real estate: Residential developments 1,684 1,684 233 1,522 1,522 240 Other 190 190 26 742 743 130 Consumer 507 524 353 343 360 307 Commercial business: Construction industry 0 0 0 0 0 0 Other 388 939 79 475 1,026 127 Total: 1-4 family 1,862 1,862 220 1,867 1,867 270 Commercial real estate: Residential developments 6,899 9,242 233 8,938 11,562 240 Other 690 835 26 790 959 130 Consumer 917 935 353 806 824 307 Commercial business: Construction industry 0 102 0 80 198 0 Other 402 953 79 475 1,026 127 $ 10,770 13,929 911 12,956 16,436 1,074 The following tables summarize average recorded investment and interest income recognized on impaired loans during the three and nine months ended September 30, 2015 and 2014. For the three months ended September 30, 2015 For the nine months ended September 30, 2015 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 989 1 866 32 Commercial real estate: Residential developments 5,884 97 6,480 287 Other 501 8 388 22 Consumer 363 1 365 5 Commercial business: Construction industry 3 0 36 0 Other 20 0 10 1 Loans with an allowance recorded: 1-4 family 968 3 1,069 10 Commercial real estate: Residential developments 1,705 6 1,540 24 Other 192 0 330 0 Consumer 531 2 434 16 Commercial business: Construction industry 0 0 0 0 Other 397 4 432 13 Total: 1-4 family 1,957 4 1,935 42 Commercial real estate: Residential developments 7,589 103 8,020 311 Other 693 8 718 22 Consumer 894 3 799 21 Commercial business: Construction industry 3 0 36 0 Other 417 4 442 14 $ 11,553 122 11,950 410 For the three months ended September 30, 2014 For the nine months ended September 30, 2014 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 234 3 352 6 Commercial real estate: Residential developments 7,691 102 7,688 112 Other 51 5 51 5 Consumer 456 8 468 10 Commercial business: Construction industry 86 0 89 0 Other 0 0 0 0 Loans with an allowance recorded: 1-4 family 1,606 6 1,651 13 Commercial real estate: Residential developments 1,153 0 3,521 0 Other 866 9 874 24 Consumer 489 3 479 9 Commercial business: Construction industry 0 0 0 0 Other 981 8 990 23 Total: 1-4 family 1,840 9 2,003 19 Commercial real estate: Residential developments 8,844 102 11,209 112 Other 917 14 925 29 Consumer 945 11 947 19 Commercial business: Construction industry 86 0 89 0 Other 981 8 990 23 $ 13,613 144 16,163 202 At September 30, 2015 and December 31, 2014, non-accruing loans totaled $9.1 million and $10.9 million, respectively, for which the related allowance for loan losses was $0.6 million and $0.8 million, respectively. All of the interest income that was recognized for non-accruing loans was recognized using the cash basis method of income recognition. Non-accruing loans for which no specific allowance has been recorded, because management determined that the value of the collateral was sufficient to repay the loan, totaled $6.7 million and $8.0 million at September 30, 2015 and December 31, 2014, respectively. Non-accrual loans also include certain loans that have had terms modified in a TDR. The non-accrual loans at September 30, 2015 and December 31, 2014 are summarized as follows: (Dollars in thousands) September 30, 2015 December 31, 2014 1-4 family $ 1,621 $ 1,564 Commercial real estate: Residential developments 6,382 8,483 Other 235 267 Consumer 797 486 Commercial business: Construction industry 0 80 Other 17 40 $ 9,052 $ 10,920 At September 30, 2015 and December 31, 2014 there were loans included in loans receivable, net, with terms that had been modified in a TDR totaling $7.8 million and $9.4 million, respectively. For the loans that were restructured in the third quarter of 2015, $74,000 were classified but performing and $26,000 were non-performing at September 30, 2015. There were no loans modified in the third quarter of 2014. The following table summarizes TDRs at September 30, 2015 and December 31, 2014: September 30, 2015 December 31, 2014 (Dollars in thousands) Accrual Non-Accrual Total Accrual Non-Accrual Total 1-4 family $ 241 361 602 303 65 368 Commercial real estate 971 5,216 6,187 979 6,977 7,956 Consumer 121 470 591 320 251 571 Commercial business 385 2 387 434 121 555 $ 1,718 6,049 7,767 2,036 7,414 9,450 There were no material commitments to lend additional funds to customers whose loans were restructured or classified as nonaccrual at September 30, 2015 or December 31, 2014. TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal and/or interest due, or acceptance of real estate or other assets in full or partial satisfaction of the debt. Loan modifications are not reported as TDRs after 12 months if the loan was modified at a market rate of interest for comparable risk loans, and the loan is performing in accordance with the terms of the restructured agreement for the entire 12 month period. All loans classified as TDRs are considered to be impaired. When a loan is modified as a TDR, there may be a direct, material impact on the loans within the balance sheet, as principal balances may be partially forgiven. The financial effects of TDRs are presented in the following tables and represent the difference between the outstanding recorded balance pre-modification and post-modification, for the three month and nine month periods ended September 30, 2015 and 2014. Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 (Dollars in thousands) 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 Troubled debt restructurings: 1-4 family 1 $ 46 $ 46 2 $ 358 $ 358 Consumer 4 53 54 11 365 367 Total 5 $ 99 $ 100 13 $ 723 $ 725 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 (Dollars in thousands) 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 Troubled debt restructurings: 1-4 family 0 $ 0 $ 0 2 $ 760 $ 760 Consumer 0 0 0 4 155 140 Total 0 $ 0 $ 0 6 $ 915 $ 900 There were no loans restructured in the 12 months preceding September 30, 2015 that defaulted in the three and nine months ended September 30, 2015. Loans that were restructured within the 12 months preceding September 30, 2014 that defaulted during the three and nine month periods ended September 30, 2014 are presented in the following table: Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 (Dollars in thousands) Number of Contracts Outstanding Recorded Investment Number of Contracts Outstanding Recorded Investment Troubled debt restructurings that subsequently defaulted: 1-4 family 0 $ 0 1 $ 640 Total 0 $ 0 1 $ 640 The Company considers a loan to have defaulted when it becomes 90 or more days past due under the modified terms, when it is placed in non-accrual status, when it becomes other real estate owned, or when it becomes non-compliant with some other material requirement of the modification agreement. Loans that were non-accrual prior to modification remain on non-accrual status for at least six months following modification. Non-accrual TDR loans that have performed according to the modified terms for six months may be returned to accrual status. Loans that were accruing prior to modification remain on accrual status after the modification as long as the loan continues to perform under the new terms. TDRs are reviewed for impairment following the same methodology as other impaired loans. For loans that are collateral dependent, the value of the collateral is reviewed and additional reserves may be added as needed. Loans that are not collateral dependent may have additional reserves established if deemed necessary. The reserves for TDRs was $0.4 million, or 4.5%, of the total $8.8 million in loan loss reserves at September 30, 2015 and $0.4 million, or 5.1%, of the total $8.3 million in loan loss reserves at December 31, 2014. Loans acquired in a business combination are segregated into two types: purchased performing loans with a discount attributable at least in part to credit quality and purchased credit impaired (PCI) loans with evidence of significant credit deterioration. Purchased performing loans are accounted for in accordance with ASC 310-20 “Nonrefundable Fees and Other Costs” as these loans do not have evidence of credit deterioration since origination. PCI loans are accounted for in accordance with ASC 310-30 “Receivables – Loans and Debt Securities Acquired with Deteriorated Credit Quality” as they display significant credit deterioration since origination. In accordance with ASC 310-30, for PCI loans, the difference between contractually required payments at acquisition and the cash flows expected to be collected is referred to as the non-accretable difference. This amount is not recognized as a yield adjustment or as a loss accrual or a valuation allowance. Furthermore, any excess of cash flows expected at acquisition over the estimated fair value is referred to as the accretable yield and is recognized into interest income over the remaining life of the loans when there is a reasonable expectation about the amount and timing of such cash flows. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through an adjustment of the yield on the loan over its remaining estimated life. Decreases in expected cash flows are recognized immediately as an impairment through the provision for loan losses. The following is additional information with respect to loans acquired through the Kasson State Bank acquisition: (Dollars in thousands) Contractual Principal Receivable Accretable Difference Carrying Amount Purchased Performing Loans: Balance at August 15, 2015: $ 24,215 (793 ) 23,422 Change due to payments/refinances (1,730 ) 122 (1,608 ) Transferred to foreclosed assets 0 0 0 Change due to loan charge-off 0 0 0 Balance at September 30, 2015 $ 22,485 (671 ) 21,814 (Dollars in thousands) Contractual Principal Receivable Non-Accretable Difference Carrying Amount Purchased Credit Impaired Loans: Balance at August 15, 2015: $ 1,134 (497 ) 637 Change due to payments/refinances (16 ) 0 (16 ) Transferred to foreclosed assets 0 0 0 Change due to loan charge-off 0 0 0 Balance at September 30, 2015 $ 1,118 (497 ) 621 As a result of the Kasson State Bank acquisition, the Company has PCI loans for which there was, at acquisition, evidence of deterioration of credit quality since origination and for which it was probable at acquisition that all contractually required payments would not be collected. The carrying amount of those loans as of September 30, 2015 was $0.6 million. No provision for loan losses was recognized during the period ended September 30, 2015 related to acquired loans as there was no significant change to the credit quality of those loans.

Note 10 - Investment in Mortgag

Note 10 - Investment in Mortgage Servicing Rights	9 Months Ended
	Sep. 30, 2015
Transfers and Servicing [Abstract]
Transfers and Servicing of Financial Assets [Text Block]	(1 0 ) Investment in Mortgage Servicing Rights A summary of mortgage servicing rights activity is as follows: (Dollars in thousands) Nine Months ended September 30, 2015 Twelve Months ended December 31, 2014 Nine Months ended September 30, 2014 Mortgage servicing rights: Balance, beginning of period $ 1,507 1,708 1,708 Originations 366 316 219 Amortization (427 ) (517 ) (385 ) Balance, end of period $ 1,446 1,507 1,542 Fair value of mortgage servicing rights $ 2,579 2,562 2,661 All of the loans being serviced are single family loans serviced for the FNMA under the individual loan sale program. The following is a summary of the risk characteristics of the loans being serviced at September 30, 2015. (Dollars in thousands) Loan Principal Balance Weighted Average Interest Rate Weighted Average Remaining Term (months) Number of Loans Original term 30 year fixed rate $ 210,023 4.24 299 1,813 Original term 15 year fixed rate 107,843 3.25 139 1,205 Adjustable rate 59 4.38 308 2

Note 11 - Intangible Assets

Note 11 - Intangible Assets	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Intangible Assets Disclosure [Text Block]	(11) Intangible Assets The gross carrying amount of intangible assets and the associated accumulated amortization at September 30, 2015 and 2014 is presented in the table below. Amortization expense for intangible assets was $436,000 and $385,000 respectively, for the nine-month periods ended September 30, 2015 and 2014. September 30, 2015 Gross (Dollars in thousands) Carrying Amount Accumulated Amortization Unamortized Intangible Assets Mortgage servicing rights $ 3,736 (2,290 ) 1,446 Core deposit intangible 420 (9 ) 411 Total $ 4,156 (2,299 ) 1,857 September 30, 2014 Gross (Dollars in thousands) Carrying Amount Accumulated Amortization Unamortized Mortgage servicing rights $ 3,597 (2,055 ) 1,542 Total $ 3,597 (2,055 ) 1,542 The following table indicates the estimated future amortization expense for intangible assets: (Dollars in thousands) Mortgage Core Deposit Total Year ended December 31, 2015 $ 111 19 130 2016 414 74 488 2017 335 74 409 2018 243 74 317 2019 182 74 256 Thereafter 161 96 257 Total $ 1,446 411 1,857 Projections of amortization are based on existing asset balances and the existing interest rate environment as of September 30, 2015. The Company's actual experience may be significantly different depending upon changes in mortgage interest rates and other market conditions.

Note 12 - Earnings per Common S

Note 12 - Earnings per Common Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	(1 2 ) Earnings per Common Share The following table reconciles the weighted average shares outstanding and the earnings available to common shareholders used for basic and diluted earnings per share: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands, except per share data) 2015 2014 2015 2014 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,142 4,067 4,118 4,053 Net dilutive effect of: Options 505 520 514 499 Restricted stock awards 26 62 40 57 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,673 4,649 4,672 4,609 Income available to common shareholders $ 820 1,178 1,758 4,283 Basic earnings per common share $ 0.20 0.29 0.43 1.06 Diluted earnings per common share $ 0.18 0.25 0.38 0.93

Note 13 - Regulatory Capital an

Note 13 - Regulatory Capital and Regulatory Oversight	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Regulatory Capital Requirements under Banking Regulations [Text Block]	(1 3 ) Regulatory Capital and Regulatory Oversight Effective January 1, 2015 the capital requirements of the Company and the Bank were changed to implement the regulatory requirements of the Basel III capital reforms. The new requirements, among other things, (i) apply a strengthened set of capital requirements to both the Company and the Bank, including new requirements relating to common equity as a component of core capital, (ii) implement a “capital conservation buffer” against risk and a higher minimum tier 1 capital requirement, and (iii) revise the rules for calculating risk-weighted assets for purposes of such requirements. The new rules made corresponding revisions to the prompt corrective action framework and include the new capital ratios and buffer requirements which will be phased in incrementally, with full implementation scheduled for January 1, 2019. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, both the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. In the second quarter of 2015, the Board of Governors of the Federal Reserve System amended its Small Bank Holding Company Policy Statement (Policy Statement), which exempted small bank holding companies from the above capital requirements, by raising the asset size threshold for determining applicability from $500 million to $1 billion. The Policy Statement was also expanded to include savings and loan holding companies that meet the Policy Statement’s qualitative requirements for exemption. The Company met the qualitative exemption requirements, and therefore, is exempt from the above holding company capital requirements. Quantitative measures established by regulations to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of Common Equity Tier 1 capital to risk weighted assets (as defined in the regulations), Tier 1 capital to adjusted total assets (as defined), Tier 1 capital to risk weighted assets, and total capital to risk weighted assets. On September 30, 2015, the Bank’s tangible assets were $607.7 million, its adjusted total assets were $603.3 million, and its risk-weighted assets were $491.7 million. The following table presents the Bank’s capital amounts and ratios at September 30, 2015 for actual capital, required capital, and excess capital, including ratios in order to qualify as being well capitalized under the prompt corrective actions regulations. Actual Required to be Adequately Capitalized Excess Capital To Be Well Capitalized Under Prompt Corrective Action Provisions (1 ) (Dollars in thousands) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Bank stockholder’s equity $ 73,531 Plus: Net unrealized gain on certain securities available for sale (63 ) Less: Goodwill and other intangibles 165 Disallowed servicing and tax assets 4,217 Common equity tier I capital 69,086 Common equity tier I capital ratio 14.05 % $ 22,126 4.50 % $ 46,960 9.55 % $ 31,960 6.50 % Tier I capital 69,086 Tier I capital to adjusted total assets (leverage ratio) 11.45 % $ 24,131 4.00 % $ 44,955 7.45 % $ 30,164 5.00 % Tier I capital to risk-weighted assets 14.05 % $ 29,501 6.00 % $ 39,585 8.05 % $ 39,335 8.00 % Plus: Allowable allowance for loan losses 6,211 Risk-based capital $ 75,297 $ 39,335 $ 35,962 $ 49,169 Risk-based capital to risk- weighted assets 15.31 % 8.00 % 7.31 % 10.00 % (1) Under the recently issued final rules, revised requirements began to be phased in on January 1, 2015, as described above. (2) Based upon the Bank’s adjusted total assets for the purpose of leverage ratio and risk-weighted assets for the purpose of the risk-based capital ratios. Management believes that, as of September 30, 2015, the Bank’s capital ratios were in excess of those quantitative capital ratio standards set forth under the current prompt corrective action regulations described above. However, there can be no assurance that the Bank will continue to maintain such status in the future. The OCC has extensive discretion in its supervisory and enforcement activities, and can adjust the requirement to be “well-capitalized” in the future.

Note 14 - Preferred Stock

Note 14 - Preferred Stock	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block Supplement [Abstract]
Preferred Stock [Text Block]	(1 4 ) Preferred Stock The Company's certificate of incorporation authorizes the issuance of up to 500,000 shares of preferred stock, and on December 23, 2008, the Company completed the sale of 26,000 shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the Preferred Stock) to the United States Treasury. The Preferred Stock had a liquidation value of $1,000 per share and a related warrant was also issued to purchase 833,333 shares of HMN common stock at an exercise price of $4.68 per share (the “Warrant”). The transaction was part of the United States Treasury’s Capital Purchase Program under the Emergency Economic Stabilization Act of 2008. In 2014, the Company redeemed 16,000 shares of Preferred Stock and on February 17, 2015, the Company redeemed the remaining 10,000 On May 21, 2015, the Treasury sold the Warrant at an exercise price of $4.68 to three unaffiliated third party investors for an aggregate purchase price of $5.7 million. Two of the investors received a warrant to purchase 277,777.67 shares and one investor received a warrant to purchase 277,777.66 shares. All of the warrants may be exercised at any time prior to their expiration date of December 23, 2018. The Company received no proceeds from this transaction and it had no material effect on the Company’s capital, financial condition or results of operations.

Note 15 - Other Borrowings

Note 15 - Other Borrowings	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	(15) Other Borrowings The Company funded the Preferred Stock redemption on February 17, 2015 with a $10.0 million term loan to HMN from an unrelated third party that was evidenced by a promissory note. The principal balance of the note bears interest at a rate of 6.50% and is payable in consecutive annual installments of $1.0 million on each December 15, beginning December 15, 2015, with the balance due on December 15, 2021. The Company may elect to prepay the note at any time without penalty and may also elect, upon written notice to the lender, to defer one principal payment on the note prior to the maturity date provided that the note is not in default. If a payment is deferred, it would become due and payable in full on the maturity date.

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	(1 6 ) Commitments and Contingencies The Bank issued standby letters of credit which guarantee the performance of customers to third parties. The standby letters of credit issued and available at September 30, 2015 were approximately $3.2 million, expire over the next eighteen months, and are collateralized primarily with commercial real estate mortgages. Since the conditions under which the Bank is required to fund the standby letters of credit may not materialize, the cash requirements are expected to be less than the total outstanding commitments .

Note 17 - Business Segments

Note 17 - Business Segments	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	( 17 ) Business Segments The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. HMN, OIA and HFH did not meet the quantitative thresholds for determining reportable segments and, therefore, are included in the “Other” category. The Company evaluates performance and allocates resources based on the segment’s net income, return on average assets and equity. Each corporation is managed separately with its own officers and board of directors, some of whom may overlap between the corporations. The following table sets forth certain information about the reconciliation of reported profit and assets for each of the Company’s reportable segments. (Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the nine months ended September 30, 201 5 : Interest income - external customers $ 15,344 0 0 15,344 Non-interest income - external customers 5,692 0 0 5,692 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 153 2,318 (2,471 ) 0 Interest expense 707 408 (1 ) 1,114 Other non-interest expense 16,887 466 (153 ) 17,200 Income tax expense 1,516 (421 ) 0 1,095 Net income 2,318 1,866 (2,318 ) 1,866 Total assets 617,870 78,354 (77,307 ) 618,917 At or for the nine months ended September 30, 201 4 : Interest income - external customers $ 15,578 0 0 15,578 Non-interest income - external customers 5,604 0 0 5,604 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 135 5,923 (6,058 ) 0 Interest expense 938 0 (1 ) 937 Other non-interest expense 15,135 586 (135 ) 15,586 Income tax expense 4,098 (362 ) 0 3,736 Net income 5,923 5,700 (5,923 ) 5,700 Total assets 593,474 80,873 (79,914 ) 594,433 At or for the quarter ended September 30, 201 5 : Interest income - external customers $ 5,390 0 0 5,390 Non-interest income - external customers 2,231 0 0 2,231 Intersegment non-interest income 51 1,007 (1,058 ) 0 Interest expense 231 166 0 397 Other non-interest expense 5,832 188 (51 ) 5,969 Income tax expense 657 (166 ) 0 491 Net income 1,007 820 (1,007 ) 820 Total assets 617,870 78,354 (77,307 ) 618,917 At or for the quarter ended September 30, 201 4 : Interest income - external customers $ 5,131 0 0 5,131 Non-interest income - external customers 2,194 0 0 2,194 Intersegment interest income 45 1,608 (1,653 ) 0 Intersegment non-interest income Interest expense 297 0 0 297 Other non-interest expense 5,283 187 (45 ) 5,425 Income tax expense 1,171 (117 ) 0 1,054 Net income 1,608 1,538 (1,608 ) 1,538 Total assets 593,474 80,873 (79,914 ) 594,433

Note 4 - Fair Value Measureme24

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Carrying value at September 30, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 145,338 0 145,338 0 Mortgage loan commitments 93 0 93 0 Total $ 145,431 0 145,431 0 Carrying value at December 31, 2014 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 137,834 0 137,834 0 Mortgage loan commitments 16 0 16 0 Total $ 137,850 0 137,850 0
Fair Value Measurements, Nonrecurring [Table Text Block]	Carrying value at September 30, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three months ended September 30, 2015 Total gains (losses) Nine months ended September 30, 2015 Total gains (losses) Loans held for sale $ 5,153 0 5,153 0 83 75 Mortgage servicing rights 1,446 0 1,446 0 0 0 Loans (1) 9,848 0 9,848 0 39 (203 ) Real estate, net (2) 2,504 0 2,504 0 (200 ) (200 ) Total $ 18,951 0 18,951 0 (78 ) (328 ) Carrying value at December 31, 2014 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year ended December 31, 2014 Total gains (losses) Loans held for sale $ 2,076 0 2,076 0 (1 ) Mortgage servicing rights 1,507 0 1,507 0 0 Loans (1) 11,882 0 11,882 0 532 Real estate, net (2) 3,103 0 3,103 0 (134 ) Total $ 18,568 0 18,568 0 397

Note 5 - Fair Value of Financ25

Note 5 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block Supplement [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	September 30, 2015 December 31, 2014 Fair value hierarchy Fair value hierarchy (Dollars in thousands) Carrying amount Estimated fair value Level 1 Level 2 Level 3 Contract amount Carrying amount Estimated fair value Level 1 Level 2 Level 3 Contract amount Financial assets: Cash and cash equivalents $ 10,359 10,359 10,359 46,634 46,634 46,634 Securities available for sale 145,338 145,338 145,338 137,834 137,834 137,834 Loans held for sale 5,153 5,153 5,153 2,076 2,076 2,076 Loans receivable, net 432,174 430,694 430,694 365,113 364,509 364,509 Federal Home Loan Bank stock 691 691 691 777 777 777 Accrued interest receivable 2,162 2,162 2,162 1,713 1,713 1,713 Financial liabilities: Deposits 531,586 531,310 531,310 496,750 496,494 496,494 Other borrowings 10,000 10,025 10,025 0 0 Accrued interest payable 252 252 252 93 93 93 Off-balance sheet financial Commitments to extend credit 93 93 234,591 16 16 141,578 Commitments to sell loans (114 ) (114 ) 11,061 (30 ) (30 ) 3,279

Note 6 - Other Comprehensive 26

Note 6 - Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	For the three months ended September 30, (Dollars in thousands) 2015 2014 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Net unrealized gains (losses) arising during the period $ 458 183 275 (234 ) (164 ) (70 ) Other comprehensive income (loss) $ 458 183 275 (234 ) (164 ) (70 ) For the nine months ended September 30, (Dollars in thousands) 2015 2014 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Net unrealized gains arising during the period $ 798 317 481 317 15 302 Other comprehensive income $ 798 317 481 317 15 302

Note 7 - Securities Available27

Note 7 - Securities Available for Sale (Tables)	9 Months Ended
	Sep. 30, 2015
Note 7 - Securities Available for Sale (Tables) [Line Items]
Schedule of Unrealized Loss on Investments [Table Text Block]	September 30, 2015 Less than twelve months Twelve months or more Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses Mortgage backed securities: Federal National Mortgage Association (FNMA) 6 $ 51 (1 ) 0 $ 0 0 51 (1 ) Collateralized mortgage obligations: FNMA 2 522 (2 ) 0 0 0 522 (2 ) Other marketable securities: U.S. Government agency obligations 1 5,005 (2 ) 0 0 0 5,005 (2 ) Municipal obligations 14 2,168 (6 ) 0 0 0 2,168 (6 ) Corporate debt 1 337 (4 ) 0 0 0 337 (4 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Corporate equity 1 52 (6 ) 0 0 0 52 (6 ) Total temporarily impaired securities 25 $ 8,135 (21 ) 1 $ 350 (350 ) $ 8,485 (371 ) December 31, 2014 Less than twelve months Twelve months or more Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses Other marketable securities: U.S. Government agency obligations 22 $ 104,453 (551 ) 1 $ 4,970 (50 ) $ 109,423 (601 ) Corporate preferred stock 0 0 0 1 420 (280 ) 420 (280 ) Total temporarily impaired securities 22 $ 104,453 (551 ) 2 $ 5,390 (330 ) $ 109,843 (881 )
Available-for-sale Securities [Table Text Block]	Gross unrealized Gross unrealized (Dollars in thousands) Amortized cost gains losses Fair value September 30, 201 5 : Mortgage-backed securities: Federal Home Loan Mortgage Corporation (FHLMC) $ 1,382 45 0 1,427 FNMA 2,598 41 (1 ) 2,638 Government National Mortgage Association (GNMA) 40 0 0 40 Collateralized mortgage obligations: FHLMC 1,285 9 0 1,294 FNMA 1,625 9 (2 ) 1,632 GNMA 49 0 0 49 6,979 104 (3 ) 7,080 Other marketable securities: U.S. Government agency obligations 133,151 355 (2 ) 133,504 Municipal obligations 4,004 17 (6 ) 4,015 Corporate debt 341 0 (4 ) 337 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 0 (6 ) 52 138,254 372 (368 ) 138,258 $ 145,233 476 (371 ) 145,338 Gross unrealized Gross unrealized (Dollars in thousands) Amortized cost gains losses Fair value December 31, 201 4 : Mortgage-backed securities: FHLMC $ 1,418 90 0 1,508 FNMA 1,337 64 0 1,401 2,755 154 0 2,909 Other marketable securities: U.S. Government agency obligations 135,014 31 (601 ) 134,444 Corporate preferred stock 700 0 (280 ) 420 Corporate equity 58 3 0 61 135,772 34 (881 ) 134,925 $ 138,527 188 (881 ) 137,834
Available-for-sale Securities [Member]
Note 7 - Securities Available for Sale (Tables) [Line Items]
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	(Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 8,180 8,228 Due after one year through five years 132,979 133,376 Due after five years through ten years 3,038 3,051 Due after ten years 978 631 No stated maturity 58 52 Total $ 145,233 145,338

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net (Tables)	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Summary of Loans Receivable Table [Text Block]	(Dollars in thousands) September 30, 2015 December 31, 2014 1-4 family $ 82,227 69,841 Commercial real estate: Residential developments 29,074 19,960 Other 207,045 171,708 236,119 191,668 Consumer 62,855 54,925 Commercial business: Construction industry 7,210 7,121 Other 52,616 50,001 59,826 57,122 Total loans 441,027 373,556 Less: Unamortized discounts 14 14 Net deferred loan costs 53 97 Allowance for loan losses 8,786 8,332 Total loans receivable, net $ 432,174 365,113

Note 9 - Allowance for Loan L29

Note 9 - Allowance for Loan Losses and Credit Quality Information (Tables)	9 Months Ended
	Sep. 30, 2015
Allowance For Loan Losses And Credit Quality Information [Abstract]
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended September 30, 2015: Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402 Provision for losses 117 (462 ) 25 264 (56 ) Charge-offs (19 ) 0 (39 ) (1 ) (59 ) Recoveries 1 435 7 56 499 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 For the nine months ended September 30, 2015: Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Provision for losses 30 (415 ) 191 (45 ) (239 ) Charge-offs (19 ) 0 (66 ) (6 ) (91 ) Recoveries 3 642 21 118 784 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 Allocated to: Specific reserves $ 270 370 307 127 1,074 General reserves 826 4,654 702 1,076 7,258 Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Allocated to: Specific reserves $ 220 259 353 79 911 General reserves 890 4,992 802 1,191 7,875 Balance, September 30, 2015 $ 1,110 5,251 1,155 1,270 8,786 Loans receivable at December 31, 2014: Individually reviewed for impairment $ 1,867 9,728 806 555 12,956 Collectively reviewed for impairment 67,974 181,940 54,119 56,567 360,600 Ending balance $ 69,841 191,668 54,925 57,122 373,556 Loans receivable at September 30, 2015: Individually reviewed for impairment $ 1,862 7,589 917 402 10,770 Collectively reviewed for impairment 80,365 228,530 61,938 59,424 430,257 Ending balance $ 82,227 236,119 62,855 59,826 441,027 (Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended September 30, 2014: Balance, June 30, 2014 $ 2,085 3,823 1,164 1,624 8,696 Provision for losses (489 ) 14 (16 ) (498 ) (989 ) Charge-offs 0 0 (15 ) (55 ) (70 ) Recoveries 0 229 10 47 286 Balance, September 30, 2014 $ 1,596 4,066 1,143 1,118 7,923 For the nine months ended September 30, 2014: Balance, December 31, 2013 $ 1,628 6,458 1,106 2,209 11,401 Provision for losses 60 (3,588 ) 83 (1,332 ) (4,777 ) Charge-offs (92 ) (936 ) (75 ) (56 ) (1,159 ) Recoveries 0 2,132 29 297 2,458 Balance, September 30, 2014 $ 1,596 4,066 1,143 1,118 7,923
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2015 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 191 2,556 55 0 2,802 79,425 82,227 Commercial real estate: Residential developments 0 6,842 0 0 6,842 22,232 29,074 Other 3,158 12,744 0 0 15,902 191,143 207,045 Consumer 0 568 89 260 917 61,938 62,855 Commercial business: Construction industry 48 185 0 0 233 6,977 7,210 Other 4,653 1,567 14 0 6,234 46,382 52,616 $ 8,050 24,462 158 260 32,930 408,097 441,027 December 31, 2014 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 0 2,493 207 0 2,700 67,141 69,841 Commercial real estate: Residential developments 323 9,960 0 0 10,283 9,677 19,960 Other 7,376 8,792 0 0 16,168 155,540 171,708 Consumer 0 489 55 261 805 54,120 54,925 Commercial business: Construction industry 0 439 0 0 439 6,682 7,121 Other 4,255 1,156 0 0 5,411 44,590 50,001 $ 11,954 23,329 262 261 35,806 337,750 373,556
Past Due Financing Receivables [Table Text Block]	(Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 Days or More Past Due and Still Accruing September 30, 201 5 1-4 family $ 915 318 714 1,947 80,280 82,227 0 Commercial real estate: Residential developments 0 0 0 0 29,074 29,074 0 Other 0 0 0 0 207,045 207,045 0 Consumer 306 290 147 743 62,112 62,855 0 Commercial business: Construction industry 0 0 0 0 7,210 7,210 0 Other 263 20 15 298 52,318 52,616 0 $ 1,484 628 876 2,988 438,039 441,027 0 December 31, 2014 1-4 family $ 413 673 841 1,927 67,914 69,841 0 Commercial real estate: Residential developments 0 0 0 0 19,960 19,960 0 Other 0 0 0 0 171,708 171,708 0 Consumer 550 176 131 857 54,068 54,925 0 Commercial business: Construction industry 0 0 0 0 7,121 7,121 0 Other 136 0 0 136 49,865 50,001 0 $ 1,099 849 972 2,920 370,636 373,556 0
Impaired Financing Receivables [Table Text Block]	September 30, 2015 December 31, 2014 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance Loans with no related allowance recorded: 1-4 family $ 995 995 0 755 755 0 Commercial real estate: Residential developments 5,215 7,558 0 7,416 10,040 0 Other 500 645 0 48 216 0 Consumer 410 411 0 463 464 0 Commercial business: Construction industry 0 102 0 80 198 0 Other 14 14 0 0 0 0 Loans with an allowance recorded: 1-4 family 867 867 220 1,112 1,112 270 Commercial real estate: Residential developments 1,684 1,684 233 1,522 1,522 240 Other 190 190 26 742 743 130 Consumer 507 524 353 343 360 307 Commercial business: Construction industry 0 0 0 0 0 0 Other 388 939 79 475 1,026 127 Total: 1-4 family 1,862 1,862 220 1,867 1,867 270 Commercial real estate: Residential developments 6,899 9,242 233 8,938 11,562 240 Other 690 835 26 790 959 130 Consumer 917 935 353 806 824 307 Commercial business: Construction industry 0 102 0 80 198 0 Other 402 953 79 475 1,026 127 $ 10,770 13,929 911 12,956 16,436 1,074 For the three months ended September 30, 2015 For the nine months ended September 30, 2015 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 989 1 866 32 Commercial real estate: Residential developments 5,884 97 6,480 287 Other 501 8 388 22 Consumer 363 1 365 5 Commercial business: Construction industry 3 0 36 0 Other 20 0 10 1 Loans with an allowance recorded: 1-4 family 968 3 1,069 10 Commercial real estate: Residential developments 1,705 6 1,540 24 Other 192 0 330 0 Consumer 531 2 434 16 Commercial business: Construction industry 0 0 0 0 Other 397 4 432 13 Total: 1-4 family 1,957 4 1,935 42 Commercial real estate: Residential developments 7,589 103 8,020 311 Other 693 8 718 22 Consumer 894 3 799 21 Commercial business: Construction industry 3 0 36 0 Other 417 4 442 14 $ 11,553 122 11,950 410 For the three months ended September 30, 2014 For the nine months ended September 30, 2014 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 234 3 352 6 Commercial real estate: Residential developments 7,691 102 7,688 112 Other 51 5 51 5 Consumer 456 8 468 10 Commercial business: Construction industry 86 0 89 0 Other 0 0 0 0 Loans with an allowance recorded: 1-4 family 1,606 6 1,651 13 Commercial real estate: Residential developments 1,153 0 3,521 0 Other 866 9 874 24 Consumer 489 3 479 9 Commercial business: Construction industry 0 0 0 0 Other 981 8 990 23 Total: 1-4 family 1,840 9 2,003 19 Commercial real estate: Residential developments 8,844 102 11,209 112 Other 917 14 925 29 Consumer 945 11 947 19 Commercial business: Construction industry 86 0 89 0 Other 981 8 990 23 $ 13,613 144 16,163 202
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(Dollars in thousands) September 30, 2015 December 31, 2014 1-4 family $ 1,621 $ 1,564 Commercial real estate: Residential developments 6,382 8,483 Other 235 267 Consumer 797 486 Commercial business: Construction industry 0 80 Other 17 40 $ 9,052 $ 10,920
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	September 30, 2015 December 31, 2014 (Dollars in thousands) Accrual Non-Accrual Total Accrual Non-Accrual Total 1-4 family $ 241 361 602 303 65 368 Commercial real estate 971 5,216 6,187 979 6,977 7,956 Consumer 121 470 591 320 251 571 Commercial business 385 2 387 434 121 555 $ 1,718 6,049 7,767 2,036 7,414 9,450
Financial Effects of Troubled Debt Restructurings and Difference Between Outstanding Recorded Balance Pre-modification and Post-modification [Table Text Block]	Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 (Dollars in thousands) 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 Troubled debt restructurings: 1-4 family 1 $ 46 $ 46 2 $ 358 $ 358 Consumer 4 53 54 11 365 367 Total 5 $ 99 $ 100 13 $ 723 $ 725 Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 (Dollars in thousands) 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 Troubled debt restructurings: 1-4 family 0 $ 0 $ 0 2 $ 760 $ 760 Consumer 0 0 0 4 155 140 Total 0 $ 0 $ 0 6 $ 915 $ 900
Troubled Debt Restructurings Subsequent Default [Table Text Block]	Three Months Ended September 30, 2014 Nine Months Ended September 30, 2014 (Dollars in thousands) Number of Contracts Outstanding Recorded Investment Number of Contracts Outstanding Recorded Investment Troubled debt restructurings that subsequently defaulted: 1-4 family 0 $ 0 1 $ 640 Total 0 $ 0 1 $ 640
Business Combination, Acquired Receivables [Table Text Block]	(Dollars in thousands) Contractual Principal Receivable Accretable Difference Carrying Amount Purchased Performing Loans: Balance at August 15, 2015: $ 24,215 (793 ) 23,422 Change due to payments/refinances (1,730 ) 122 (1,608 ) Transferred to foreclosed assets 0 0 0 Change due to loan charge-off 0 0 0 Balance at September 30, 2015 $ 22,485 (671 ) 21,814
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	(Dollars in thousands) Contractual Principal Receivable Non-Accretable Difference Carrying Amount Purchased Credit Impaired Loans: Balance at August 15, 2015: $ 1,134 (497 ) 637 Change due to payments/refinances (16 ) 0 (16 ) Transferred to foreclosed assets 0 0 0 Change due to loan charge-off 0 0 0 Balance at September 30, 2015 $ 1,118 (497 ) 621

Note 10 - Investment in Mortg30

Note 10 - Investment in Mortgage Servicing Rights (Tables)	9 Months Ended
	Sep. 30, 2015
Transfers and Servicing [Abstract]
Servicing Liability at Amortized Cost [Table Text Block]	(Dollars in thousands) Nine Months ended September 30, 2015 Twelve Months ended December 31, 2014 Nine Months ended September 30, 2014 Mortgage servicing rights: Balance, beginning of period $ 1,507 1,708 1,708 Originations 366 316 219 Amortization (427 ) (517 ) (385 ) Balance, end of period $ 1,446 1,507 1,542 Fair value of mortgage servicing rights $ 2,579 2,562 2,661
Summary of Risk Characteristics of Loans Being Serviced [Table Text Block]	(Dollars in thousands) Loan Principal Balance Weighted Average Interest Rate Weighted Average Remaining Term (months) Number of Loans Original term 30 year fixed rate $ 210,023 4.24 299 1,813 Original term 15 year fixed rate 107,843 3.25 139 1,205 Adjustable rate 59 4.38 308 2

Note 11 - Intangible Assets (Ta

Note 11 - Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Finite-Lived Intangible Assets [Table Text Block]	September 30, 2015 Gross (Dollars in thousands) Carrying Amount Accumulated Amortization Unamortized Intangible Assets Mortgage servicing rights $ 3,736 (2,290 ) 1,446 Core deposit intangible 420 (9 ) 411 Total $ 4,156 (2,299 ) 1,857 September 30, 2014 Gross (Dollars in thousands) Carrying Amount Accumulated Amortization Unamortized Mortgage servicing rights $ 3,597 (2,055 ) 1,542 Total $ 3,597 (2,055 ) 1,542
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(Dollars in thousands) Mortgage Core Deposit Total Year ended December 31, 2015 $ 111 19 130 2016 414 74 488 2017 335 74 409 2018 243 74 317 2019 182 74 256 Thereafter 161 96 257 Total $ 1,446 411 1,857

Note 12 - Earnings per Common32

Note 12 - Earnings per Common Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands, except per share data) 2015 2014 2015 2014 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,142 4,067 4,118 4,053 Net dilutive effect of: Options 505 520 514 499 Restricted stock awards 26 62 40 57 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,673 4,649 4,672 4,609 Income available to common shareholders $ 820 1,178 1,758 4,283 Basic earnings per common share $ 0.20 0.29 0.43 1.06 Diluted earnings per common share $ 0.18 0.25 0.38 0.93

Note 13 - Regulatory Capital 33

Note 13 - Regulatory Capital and Regulatory Oversight (Tables)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Required to be Adequately Capitalized Excess Capital To Be Well Capitalized Under Prompt Corrective Action Provisions (1 ) (Dollars in thousands) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Amount Percent of Assets (2 ) Bank stockholder’s equity $ 73,531 Plus: Net unrealized gain on certain securities available for sale (63 ) Less: Goodwill and other intangibles 165 Disallowed servicing and tax assets 4,217 Common equity tier I capital 69,086 Common equity tier I capital ratio 14.05 % $ 22,126 4.50 % $ 46,960 9.55 % $ 31,960 6.50 % Tier I capital 69,086 Tier I capital to adjusted total assets (leverage ratio) 11.45 % $ 24,131 4.00 % $ 44,955 7.45 % $ 30,164 5.00 % Tier I capital to risk-weighted assets 14.05 % $ 29,501 6.00 % $ 39,585 8.05 % $ 39,335 8.00 % Plus: Allowable allowance for loan losses 6,211 Risk-based capital $ 75,297 $ 39,335 $ 35,962 $ 49,169 Risk-based capital to risk- weighted assets 15.31 % 8.00 % 7.31 % 10.00 %

Note 17 - Business Segments (Ta

Note 17 - Business Segments (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the nine months ended September 30, 201 5 : Interest income - external customers $ 15,344 0 0 15,344 Non-interest income - external customers 5,692 0 0 5,692 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 153 2,318 (2,471 ) 0 Interest expense 707 408 (1 ) 1,114 Other non-interest expense 16,887 466 (153 ) 17,200 Income tax expense 1,516 (421 ) 0 1,095 Net income 2,318 1,866 (2,318 ) 1,866 Total assets 617,870 78,354 (77,307 ) 618,917 At or for the nine months ended September 30, 201 4 : Interest income - external customers $ 15,578 0 0 15,578 Non-interest income - external customers 5,604 0 0 5,604 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 135 5,923 (6,058 ) 0 Interest expense 938 0 (1 ) 937 Other non-interest expense 15,135 586 (135 ) 15,586 Income tax expense 4,098 (362 ) 0 3,736 Net income 5,923 5,700 (5,923 ) 5,700 Total assets 593,474 80,873 (79,914 ) 594,433 At or for the quarter ended September 30, 201 5 : Interest income - external customers $ 5,390 0 0 5,390 Non-interest income - external customers 2,231 0 0 2,231 Intersegment non-interest income 51 1,007 (1,058 ) 0 Interest expense 231 166 0 397 Other non-interest expense 5,832 188 (51 ) 5,969 Income tax expense 657 (166 ) 0 491 Net income 1,007 820 (1,007 ) 820 Total assets 617,870 78,354 (77,307 ) 618,917 At or for the quarter ended September 30, 201 4 : Interest income - external customers $ 5,131 0 0 5,131 Non-interest income - external customers 2,194 0 0 2,194 Intersegment interest income 45 1,608 (1,653 ) 0 Intersegment non-interest income Interest expense 297 0 0 297 Other non-interest expense 5,283 187 (45 ) 5,425 Income tax expense 1,171 (117 ) 0 1,054 Net income 1,608 1,538 (1,608 ) 1,538 Total assets 593,474 80,873 (79,914 ) 594,433

Note 1 - HMN Financial, Inc. (D

Note 1 - HMN Financial, Inc. (Details)	9 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Percentage of Ownership in Subsidiaries	100.00%
Number of Wholly Owned Subsidiaries	2

Note 3 - Derivative Instrumen36

Note 3 - Derivative Instruments and Hedging Activities (Details)	9 Months Ended
	Sep. 30, 2015USD ($)
Other Liabilities [Member]
Note 3 - Derivative Instruments and Hedging Activities (Details) [Line Items]
Increase (Decrease) in Derivative Liabilities	$ 75,000
Gain on Sales of Loans [Member]
Note 3 - Derivative Instruments and Hedging Activities (Details) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	75,000
Mortgage Pipeline [Member] | Other Assets [Member]
Note 3 - Derivative Instruments and Hedging Activities (Details) [Line Items]
Increase (Decrease) in Derivative Assets	76,000
Mortgage Pipeline [Member] | Other Liabilities [Member]
Note 3 - Derivative Instruments and Hedging Activities (Details) [Line Items]
Increase (Decrease) in Derivative Liabilities	9,000
Mortgage Pipeline [Member] | Gain on Sales of Loans [Member]
Note 3 - Derivative Instruments and Hedging Activities (Details) [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ 67,000

Note 4 - Fair Value Measureme37

Note 4 - Fair Value Measurements (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Note 4 - Fair Value Measurements (Details) [Line Items]
Loans and Leases Receivable, Net Amount	$ 432,174,000	$ 365,113,000
Fully Charged-off [Member]
Note 4 - Fair Value Measurements (Details) [Line Items]
Loans and Leases Receivable, Net Amount	$ 0

Note 4 - Fair Value Measureme38

Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	$ 145,338	$ 137,834
Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	145,338	137,834
Mortgage loan commitments	93	16
Total	145,431	137,850
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	0	0
Mortgage loan commitments	0	0
Total	0	0
Fair Value, Inputs, Level 2 [Member]
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	145,338	137,834
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	145,338	137,834
Mortgage loan commitments	93	16
Total	145,431	137,850
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Note 4 - Fair Value Measurements (Details) - Fair Value, Assets and Liabilities Measured on Recurring basis: [Line Items]
Securities available for sale	0	0
Mortgage loan commitments	0	0
Total	$ 0	$ 0

Note 4 - Fair Value Measureme39

Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: - USD ($) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
		Sep. 30, 2015	Sep. 30, 2015	Dec. 31, 2014
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		$ 18,951	$ 18,951	$ 18,568
Fair value gain (loss)		(78)	(328)	397
Loans Held-for-sale [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		5,153	5,153	2,076
Fair value gain (loss)		83	75	(1)
Mortgage Servicing Rights [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		1,446	1,446	1,507
Fair value gain (loss)		0	0	0
Loans Receivable [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[1]	9,848	9,848	11,882
Fair value gain (loss)	[1]	39	(203)	532
Real estate, net [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[2]	2,504	2,504	3,103
Fair value gain (loss)	[2]	(200)	(200)	(134)
Fair Value, Inputs, Level 1 [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 1 [Member] | Loans Held-for-sale [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 1 [Member] | Mortgage Servicing Rights [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 1 [Member] | Loans Receivable [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[1]	0	0	0
Fair Value, Inputs, Level 1 [Member] | Real estate, net [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[2]	0	0	0
Fair Value, Inputs, Level 2 [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		18,951	18,951	18,568
Fair Value, Inputs, Level 2 [Member] | Loans Held-for-sale [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		5,153	5,153	2,076
Fair Value, Inputs, Level 2 [Member] | Mortgage Servicing Rights [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		1,446	1,446	1,507
Fair Value, Inputs, Level 2 [Member] | Loans Receivable [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[1]	9,848	9,848	11,882
Fair Value, Inputs, Level 2 [Member] | Real estate, net [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[2]	2,504	2,504	3,103
Fair Value, Inputs, Level 3 [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 3 [Member] | Loans Held-for-sale [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value		0	0	0
Fair Value, Inputs, Level 3 [Member] | Loans Receivable [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[1]	0	0	0
Fair Value, Inputs, Level 3 [Member] | Real estate, net [Member]
Note 4 - Fair Value Measurements (Details) - Assets Measured at Fair Value on Nonrecurring Basis: [Line Items]
Asset fair value	[2]	$ 0	$ 0	$ 0
[1]	Represents the carrying value and related specific reserves on loans for which adjustments are based on the appraised value of the collateral. The carrying value of loans fully charged-off is zero.
[2]	Represents the fair value and related losses of foreclosed real estate and other collateral owned that were measured at fair value subsequent to their initialclassification as foreclosed assets.

Note 5 - Fair Value of Financ40

Note 5 - Fair Value of Financial Instruments (Details) - Estimated Fair Value of Company's Financial Instruments - USD ($) $ in Thousands	Sep. 30, 2015	Feb. 17, 2015	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2013
Financial assets:
Cash and cash equivalents	$ 10,359		$ 46,634	$ 57,177	$ 120,686
Securities available for sale	145,338		137,834
Loans receivable, net	432,174		365,113
Federal Home Loan Bank stock	691		777
Accrued interest receivable	2,162		1,713
Financial liabilities:
Deposits	531,586		496,750
Other borrowings	10,000	$ 10,000	0
Accrued interest payable	252		93
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	10,359		46,634
Securities available for sale	145,338		137,834
Loans held for sale	5,153		2,076
Loans receivable, net	432,174		365,113
Federal Home Loan Bank stock	691		777
Accrued interest receivable	2,162		1,713
Financial liabilities:
Deposits	531,586		496,750
Other borrowings	10,000		0
Accrued interest payable	252		93
Off-balance sheet financial instruments:
Commitments to extend credit	93		16
Commitments to sell loans	(114)		(30)
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and cash equivalents	10,359		46,634
Securities available for sale	145,338		137,834
Loans held for sale	5,153		2,076
Loans receivable, net	430,694		364,509
Federal Home Loan Bank stock	691		777
Accrued interest receivable	2,162		1,713
Financial liabilities:
Deposits	531,310		496,494
Other borrowings	10,025		0
Accrued interest payable	252		93
Off-balance sheet financial instruments:
Commitments to extend credit	93		16
Commitments to sell loans	(114)		(30)
Contract Amount [Member]
Off-balance sheet financial instruments:
Commitments to extend credit	234,591		141,578
Commitments to sell loans	11,061		3,279
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents	10,359		46,634
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Securities available for sale	145,338		137,834
Loans held for sale	5,153		2,076
Loans receivable, net	430,694		364,509
Federal Home Loan Bank stock	691		777
Accrued interest receivable	2,162		1,713
Financial liabilities:
Deposits	531,310		496,494
Other borrowings	10,025
Accrued interest payable	$ 252		$ 93

Note 6 - Other Comprehensive 41

Note 6 - Other Comprehensive Income (Loss) (Details) - Components of Other Comprehensive Income (Loss) and Related Tax Effects - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Components of Other Comprehensive Income (Loss) and Related Tax Effects [Abstract]
Net unrealized gains (losses) arising during the period	$ 458	$ (234)	$ 798	$ 317
Net unrealized gains (losses) arising during the period	183	(164)	317	15
Net unrealized gains (losses) arising during the period	275	(70)	481	302
Other comprehensive income (loss)	458	(234)	798	317
Other comprehensive income (loss)	183	(164)	317	15
Other comprehensive income (loss)	$ 275	$ (70)	$ 481	$ 302

Note 7 - Securities Available42

Note 7 - Securities Available for Sale (Details)	9 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Defer Interest Payments Number of Period	5 years

Note 7 - Securities Available43

Note 7 - Securities Available for Sale (Details) - Securities in a Continuous Unrealized Loss Position $ in Thousands	Sep. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Mortgage backed securities:
Number of investments, less than twelve months	25	22
Fair value, less than twelve months	$ 8,135	$ 104,453
Unrealized losses, less than twelve months	$ (21)	$ (551)
Number of investments, twelve months or more	1	2
Fair value, twelve months or more	$ 350	$ 5,390
Unrealized losses, twelve months or more	(350)	(330)
Fair value	8,485	109,843
Unrealized losses	$ (371)	$ (881)
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Mortgage backed securities:
Number of investments, less than twelve months	6
Fair value, less than twelve months	$ 51
Unrealized losses, less than twelve months	$ (1)
Number of investments, twelve months or more	0
Fair value, twelve months or more	$ 0
Unrealized losses, twelve months or more	0
Fair value	51
Unrealized losses	$ (1)
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Collateralized Mortgage Backed Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	2
Fair value, less than twelve months	$ 522
Unrealized losses, less than twelve months	$ (2)
Number of investments, twelve months or more	0
Fair value, twelve months or more	$ 0
Unrealized losses, twelve months or more	0
Fair value	522
Unrealized losses	$ (2)
US Government Agencies Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	1	22
Fair value, less than twelve months	$ 5,005	$ 104,453
Unrealized losses, less than twelve months	$ (2)	$ (551)
Number of investments, twelve months or more	0	1
Fair value, twelve months or more	$ 0	$ 4,970
Unrealized losses, twelve months or more	0	(50)
Fair value	5,005	109,423
Unrealized losses	$ (2)	$ (601)
US States and Political Subdivisions Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	14
Fair value, less than twelve months	$ 2,168
Unrealized losses, less than twelve months	$ (6)
Number of investments, twelve months or more	0
Fair value, twelve months or more	$ 0
Unrealized losses, twelve months or more	0
Fair value	2,168
Unrealized losses	$ (6)
Corporate Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	1
Fair value, less than twelve months	$ 337
Unrealized losses, less than twelve months	$ (4)
Number of investments, twelve months or more	0
Fair value, twelve months or more	$ 0
Unrealized losses, twelve months or more	0
Fair value	337
Unrealized losses	$ (4)
Preferred Stock [Member] | Other Marketable Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	0	0
Fair value, less than twelve months	$ 0	$ 0
Unrealized losses, less than twelve months	$ 0	$ 0
Number of investments, twelve months or more	1	1
Fair value, twelve months or more	$ 350	$ 420
Unrealized losses, twelve months or more	(350)	(280)
Fair value	350	420
Unrealized losses	$ (350)	$ (280)
Equity Securities [Member] | Other Marketable Securities [Member]
Mortgage backed securities:
Number of investments, less than twelve months	1
Fair value, less than twelve months	$ 52
Unrealized losses, less than twelve months	$ (6)
Number of investments, twelve months or more	0
Fair value, twelve months or more	$ 0
Unrealized losses, twelve months or more	0
Fair value	52
Unrealized losses	$ (6)

Note 7 - Securities Available44

Note 7 - Securities Available for Sale (Details) - Summary of Securities Available for Sale - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Mortgage-backed securities:
Amortized cost	$ 145,233	$ 138,527
Gross unrealized gains	476	188
Gross unrealized losses	(371)	(881)
Fair value	145,338	137,834
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Mortgage-backed securities:
Amortized cost		2,755
Gross unrealized gains		154
Gross unrealized losses		0
Fair value		2,909
Collateralized Mortgage Backed Securities [Member]
Mortgage-backed securities:
Amortized cost	6,979
Gross unrealized gains	104
Gross unrealized losses	(3)
Fair value	7,080
Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	138,254	135,772
Gross unrealized gains	372	34
Gross unrealized losses	(368)	(881)
Fair value	138,258	134,925
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Mortgage-backed securities:
Amortized cost	1,382	1,418
Gross unrealized gains	45	90
Gross unrealized losses	0	0
Fair value	1,427	1,508
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member] | Collateralized Mortgage Backed Securities [Member]
Mortgage-backed securities:
Amortized cost	1,285
Gross unrealized gains	9
Gross unrealized losses	0
Fair value	1,294
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Mortgage-backed securities:
Amortized cost	2,598	1,337
Gross unrealized gains	41	64
Gross unrealized losses	(1)	0
Fair value	2,638	1,401
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Collateralized Mortgage Backed Securities [Member]
Mortgage-backed securities:
Amortized cost	1,625
Gross unrealized gains	9
Gross unrealized losses	(2)
Fair value	1,632
Government National Mortgage Association Certificates and Obligations (GNMA) [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Mortgage-backed securities:
Amortized cost	40
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	40
Government National Mortgage Association Certificates and Obligations (GNMA) [Member] | Collateralized Mortgage Backed Securities [Member]
Mortgage-backed securities:
Amortized cost	49
Gross unrealized gains	0
Gross unrealized losses	0
Fair value	49
US Government Agencies Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	133,151
Gross unrealized gains	355
Gross unrealized losses	(2)
Fair value	133,504
US States and Political Subdivisions Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	4,004
Gross unrealized gains	17
Gross unrealized losses	(6)
Fair value	4,015
Corporate Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	341	700
Gross unrealized gains	0	0
Gross unrealized losses	(4)	(280)
Fair value	337	420
Preferred Stock [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	700
Gross unrealized gains	0
Gross unrealized losses	(350)
Fair value	350
Equity Securities [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost	58	58
Gross unrealized gains	0	3
Gross unrealized losses	(6)	0
Fair value	$ 52	61
US Government Agencies Debt Securities [Member] | Other Marketable Securities [Member]
Mortgage-backed securities:
Amortized cost		135,014
Gross unrealized gains		31
Gross unrealized losses		(601)
Fair value		$ 134,444

Note 7 - Securities Available45

Note 7 - Securities Available for Sale (Details) - Securities by Contractual Maturity - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Securities by Contractual Maturity [Abstract]
Due less than one year	$ 8,180
Due less than one year	8,228
Due after one year through five years	132,979
Due after one year through five years	133,376
Due after five years through ten years	3,038
Due after five years through ten years	3,051
Due after ten years	978
Due after ten years	631
No stated maturity	58
No stated maturity	52
Total	145,233	$ 138,527
Total	$ 145,338	$ 137,834

Note 8 - Loans Receivable, Ne46

Note 8 - Loans Receivable, Net (Details) - Loans Receivable - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	$ 441,027		$ 373,556
Less:
Unamortized discounts	14		14
Net deferred loan costs	53		97
Allowance for loan losses	8,786	$ 8,402	8,332	$ 7,923	$ 8,696	$ 11,401
Total loans receivable, net	432,174		365,113
1-4 Family Porfolio Segment[Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	82,227		69,841
Less:
Allowance for loan losses	1,110	1,011	1,096	1,596	2,085	1,628
Commercial Real Estate Portfolio Segment [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	236,119		191,668
Less:
Allowance for loan losses	5,251	5,278	5,024	4,066	3,823	6,458
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	29,074		19,960
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	207,045		171,708
Consumer Portfolio Segment [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	62,855		54,925
Less:
Allowance for loan losses	1,155	1,162	1,009	1,143	1,164	1,106
Commercial Portfolio Segment [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	59,826		57,122
Less:
Allowance for loan losses	1,270	$ 951	1,203	$ 1,118	$ 1,624	$ 2,209
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	7,210		7,121
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Note 8 - Loans Receivable, Net (Details) - Loans Receivable [Line Items]
Loans and leases receivable, gross carrying amount	$ 52,616		$ 50,001

Note 9 - Allowance for Loan L47

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Aug. 14, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2013USD ($)
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 9,052,000		$ 9,052,000				$ 10,920,000
Impaired Financing Receivable, Related Allowance	911,000		911,000				1,074,000
Loan Receivable for Which Value of Collateral Sufficient to Repay	6,700,000		6,700,000				8,000,000
Financing Receivable, Modifications, Recorded Investment	$ 7,767,000		$ 7,767,000				9,450,000
Financing Receivable, Modifications, Number of Contracts	5	0	13	6
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		$ 0				0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0	$ 0	$ 0	$ 640,000
Maximum Time for Loan Modifications			6 months
Reserves for Loan Losses on Troubled Debt Restructurings	$ 400,000		$ 400,000				$ 400,000
Percentage Reserves for Loan Losses On Troubled Debt Restructurings	4.50%		4.50%				5.10%
Loans and Leases Receivable, Allowance	$ 8,786,000	$ 7,923,000	$ 8,786,000	7,923,000		$ 8,402,000	$ 8,332,000	$ 8,696,000	$ 11,401,000
Provision for Loan and Lease Losses			(239,000)	$ (4,777,000)
Nonperforming Financial Instruments [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Impaired Financing Receivable, Related Allowance	600,000		600,000				800,000
Financing Receivable, Modifications, Recorded Investment	6,049,000		6,049,000				7,414,000
Performing Financial Instruments [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Financing Receivable, Modifications, Recorded Investment	1,718,000		1,718,000				$ 2,036,000
Classified [Member] | Nonperforming Financial Instruments [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Financing Receivable, Modifications, Recorded Investment	26,000		26,000
Classified [Member] | Performing Financial Instruments [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Financing Receivable, Modifications, Recorded Investment	74,000		74,000
Kasson State Bank [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) [Line Items]
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	621,000		$ 621,000		$ 637,000
Provision for Loan and Lease Losses	$ 0

Note 9 - Allowance for Loan L48

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Allowance for Loan Losses - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 8,402	$ 8,696	$ 8,332	$ 11,401
Provision for losses	(56)	(989)	(239)	(4,777)
Charge-offs	(59)	(70)	(91)	(1,159)
Recoveries	499	286	784	2,458
Ending balance	8,786	7,923	8,786	7,923
Allocated to:
Specific reserves					$ 911	$ 1,074
General reserves					7,875	7,258
Allowance	8,786	8,696	8,786	7,923	8,786	8,332
Loans receivable at December 31, 2014:
Individually reviewed for impairment					10,770	12,956
Collectively reviewed for impairment					430,257	360,600
Loans receivable					441,027	373,556
1-4 Family Porfolio Segment[Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,011	2,085	1,096	1,628
Provision for losses	117	(489)	30	60
Charge-offs	(19)	0	(19)	(92)
Recoveries	1	0	3	0
Ending balance	1,110	1,596	1,110	1,596
Allocated to:
Specific reserves					220	270
General reserves					890	826
Allowance	1,011	2,085	1,110	1,596	1,110	1,096
Loans receivable at December 31, 2014:
Individually reviewed for impairment					1,862	1,867
Collectively reviewed for impairment					80,365	67,974
Loans receivable					82,227	69,841
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	5,278	3,823	5,024	6,458
Provision for losses	(462)	14	(415)	(3,588)
Charge-offs	0	0	0	(936)
Recoveries	435	229	642	2,132
Ending balance	5,251	4,066	5,251	4,066
Allocated to:
Specific reserves					259	370
General reserves					4,992	4,654
Allowance	5,278	3,823	5,251	4,066	5,251	5,024
Loans receivable at December 31, 2014:
Individually reviewed for impairment					7,589	9,728
Collectively reviewed for impairment					228,530	181,940
Loans receivable					236,119	191,668
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,162	1,164	1,009	1,106
Provision for losses	25	(16)	191	83
Charge-offs	(39)	(15)	(66)	(75)
Recoveries	7	10	21	29
Ending balance	1,155	1,143	1,155	1,143
Allocated to:
Specific reserves					353	307
General reserves					802	702
Allowance	1,162	1,164	1,155	1,143	1,155	1,009
Loans receivable at December 31, 2014:
Individually reviewed for impairment					917	806
Collectively reviewed for impairment					61,938	54,119
Loans receivable					62,855	54,925
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	951	1,624	1,203	2,209
Provision for losses	264	(498)	(45)	(1,332)
Charge-offs	(1)	(55)	(6)	(56)
Recoveries	56	47	118	297
Ending balance	1,270	1,118	1,270	1,118
Allocated to:
Specific reserves					79	127
General reserves					1,191	1,076
Allowance	$ 951	$ 1,624	$ 1,270	$ 1,118	1,270	1,203
Loans receivable at December 31, 2014:
Individually reviewed for impairment					402	555
Collectively reviewed for impairment					59,424	56,567
Loans receivable					$ 59,826	$ 57,122

Note 9 - Allowance for Loan L49

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Classified and Unclassified Loans - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	$ 441,027	$ 373,556
Classified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	32,930	35,806
Classified [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	8,050	11,954
Classified [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	24,462	23,329
Classified [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	158	262
Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	260	261
Unclassified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	408,097	337,750
1-4 Family Porfolio Segment[Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	82,227	69,841
1-4 Family Porfolio Segment[Member] | Classified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	2,802	2,700
1-4 Family Porfolio Segment[Member] | Classified [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	191	0
1-4 Family Porfolio Segment[Member] | Classified [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	2,556	2,493
1-4 Family Porfolio Segment[Member] | Classified [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	55	207
1-4 Family Porfolio Segment[Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
1-4 Family Porfolio Segment[Member] | Unclassified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	79,425	67,141
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	236,119	191,668
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	29,074	19,960
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	207,045	171,708
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Residential Developments [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	6,842	10,283
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Residential Developments [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	323
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Residential Developments [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	6,842	9,960
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Residential Developments [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Residential Developments [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	15,902	16,168
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,158	7,376
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	12,744	8,792
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Unclassified [Member] | Residential Developments [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	22,232	9,677
Commercial Real Estate Portfolio Segment [Member] | Unclassified [Member] | Commercial Real Estate Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	191,143	155,540
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	62,855	54,925
Consumer Portfolio Segment [Member] | Classified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	917	805
Consumer Portfolio Segment [Member] | Classified [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Consumer Portfolio Segment [Member] | Classified [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	568	489
Consumer Portfolio Segment [Member] | Classified [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	89	55
Consumer Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	260	261
Consumer Portfolio Segment [Member] | Unclassified [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	61,938	54,120
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	59,826	57,122
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	7,210	7,121
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	52,616	50,001
Commercial Portfolio Segment [Member] | Construction Industry [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		7,121
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	233
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	48
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	185
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Loans [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0
Commercial Portfolio Segment [Member] | Classified [Member] | Commercial Business Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	6,234	5,411
Commercial Portfolio Segment [Member] | Classified [Member] | Commercial Business Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	4,653	4,255
Commercial Portfolio Segment [Member] | Classified [Member] | Commercial Business Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	1,567	1,156
Commercial Portfolio Segment [Member] | Classified [Member] | Commercial Business Other [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	14	0
Commercial Portfolio Segment [Member] | Classified [Member] | Commercial Business Other [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	0	0
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Industry [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		439
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Industry [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		0
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Industry [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		439
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Industry [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		0
Commercial Portfolio Segment [Member] | Classified [Member] | Construction Industry [Member] | Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		0
Commercial Portfolio Segment [Member] | Unclassified [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	6,977
Commercial Portfolio Segment [Member] | Unclassified [Member] | Commercial Business Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	$ 46,382	44,590
Commercial Portfolio Segment [Member] | Unclassified [Member] | Construction Industry [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		$ 6,682

Note 9 - Allowance for Loan L50

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Aging of Past Due Loans - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	$ 2,988	$ 2,920
Current loans	438,039	370,636
Total loans	441,027	373,556
Loans 90 days or more past due and still accruing	0	0
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	1,484	1,099
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	628	849
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	876	972
1-4 Family Porfolio Segment[Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	1,947	1,927
Current loans	80,280	67,914
Total loans	82,227	69,841
Loans 90 days or more past due and still accruing	0	0
1-4 Family Porfolio Segment[Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	915	413
1-4 Family Porfolio Segment[Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	318	673
1-4 Family Porfolio Segment[Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	714	841
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	236,119	191,668
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Current loans	29,074	19,960
Total loans	29,074	19,960
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Current loans	207,045	171,708
Total loans	207,045	171,708
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0	0
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	743	857
Current loans	62,112	54,068
Total loans	62,855	54,925
Loans 90 days or more past due and still accruing	0	0
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	306	550
Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	290	176
Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	147	131
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans	59,826	57,122
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0
Current loans	7,210
Total loans	7,210	7,121
Loans 90 days or more past due and still accruing	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	0
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	298	136
Current loans	52,318	49,865
Total loans	52,616	50,001
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Commercial Business Other [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	263	136
Commercial Portfolio Segment [Member] | Commercial Business Other [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	20	0
Commercial Portfolio Segment [Member] | Commercial Business Other [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due	$ 15	0
Commercial Portfolio Segment [Member] | Construction Industry [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due		0
Current loans		7,121
Total loans		7,121
Loans 90 days or more past due and still accruing		0
Commercial Portfolio Segment [Member] | Construction Industry [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due		0
Commercial Portfolio Segment [Member] | Construction Industry [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due		0
Commercial Portfolio Segment [Member] | Construction Industry [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due		$ 0

Note 9 - Allowance for Loan L51

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Impaired Loans and Related Allowances - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Loans with an allowance recorded:
Related allowance	$ 911		$ 911		$ 1,074
Total:
Recorded investment	10,770		10,770		12,956
Unpaid principal balance	13,929		13,929		16,436
Related allowance	911		911		1,074
Average recorded investment	11,553	$ 13,613	11,950	$ 16,163
Interest income recognized	122	144	410	202
1-4 Family Porfolio Segment[Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	995		995		755
Unpaid principal balance, with no related allowance	995		995		755
	0		0		0
Average recorded investment, with no related allowance	989	234	866	352
Interest income recognized, with no related allowance	1	3	32	6
Loans with an allowance recorded:
Recorded investment, with related allowance	867		867		1,112
Unpaid principal balance, with related allowance	867		867		1,112
Related allowance	220		220		270
Average recorded investment, with related allowance	968	1,606	1,069	1,651
Interest income recognized, with related allowance	3	6	10	13
Total:
Recorded investment	1,862		1,862		1,867
Unpaid principal balance	1,862		1,862		1,867
Related allowance	220		220		270
Average recorded investment	1,957	1,840	1,935	2,003
Interest income recognized	4	9	42	19
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	5,215		5,215		7,416
Unpaid principal balance, with no related allowance	7,558		7,558		10,040
	0		0		0
Average recorded investment, with no related allowance	5,884	7,691	6,480	7,688
Interest income recognized, with no related allowance	97	102	287	112
Loans with an allowance recorded:
Recorded investment, with related allowance	1,684		1,684		1,522
Unpaid principal balance, with related allowance	1,684		1,684		1,522
Related allowance	233		233		240
Average recorded investment, with related allowance	1,705	1,153	1,540	3,521
Interest income recognized, with related allowance	6	0	24	0
Total:
Recorded investment	6,899		6,899		8,938
Unpaid principal balance	9,242		9,242		11,562
Related allowance	233		233		240
Average recorded investment	7,589	8,844	8,020	11,209
Interest income recognized	103	102	311	112
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	500		500		48
Unpaid principal balance, with no related allowance	645		645		216
	0		0		0
Average recorded investment, with no related allowance	501	51	388	51
Interest income recognized, with no related allowance	8	5	22	5
Loans with an allowance recorded:
Recorded investment, with related allowance	190		190		742
Unpaid principal balance, with related allowance	190		190		743
Related allowance	26		26		130
Average recorded investment, with related allowance	192	866	330	874
Interest income recognized, with related allowance	0	9	0	24
Total:
Recorded investment	690		690		790
Unpaid principal balance	835		835		959
Related allowance	26		26		130
Average recorded investment	693	917	718	925
Interest income recognized	8	14	22	29
Consumer Portfolio Segment [Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	410		410		463
Unpaid principal balance, with no related allowance	411		411		464
	0		0		0
Average recorded investment, with no related allowance	363	456	365	468
Interest income recognized, with no related allowance	1	8	5	10
Loans with an allowance recorded:
Recorded investment, with related allowance	507		507		343
Unpaid principal balance, with related allowance	524		524		360
Related allowance	353		353		307
Average recorded investment, with related allowance	531	489	434	479
Interest income recognized, with related allowance	2	3	16	9
Total:
Recorded investment	917		917		806
Unpaid principal balance	935		935		824
Related allowance	353		353		307
Average recorded investment	894	945	799	947
Interest income recognized	3	11	21	19
Commercial Portfolio Segment [Member] | Construction Industry [Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	0		0		80
Unpaid principal balance, with no related allowance	102		102		198
	0		0		0
Average recorded investment, with no related allowance	3	86	36	89
Interest income recognized, with no related allowance	0	0	0	0
Loans with an allowance recorded:
Recorded investment, with related allowance	0		0		0
Unpaid principal balance, with related allowance	0		0		0
Related allowance	0		0		0
Average recorded investment, with related allowance	0	0	0	0
Interest income recognized, with related allowance	0	0	0	0
Total:
Recorded investment	0		0		80
Unpaid principal balance	102		102		198
Related allowance	0		0		0
Average recorded investment	3	86	36	89
Interest income recognized	0	0	0	0
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans with no related allowance recorded:
Recorded investment, with no related allowance	14		14		0
Unpaid principal balance, with no related allowance	14		14		0
	0		0		0
Average recorded investment, with no related allowance	20	0	10	0
Interest income recognized, with no related allowance	0	0	1	0
Loans with an allowance recorded:
Recorded investment, with related allowance	388		388		475
Unpaid principal balance, with related allowance	939		939		1,026
Related allowance	79		79		127
Average recorded investment, with related allowance	397	981	432	990
Interest income recognized, with related allowance	4	8	13	23
Total:
Recorded investment	402		402		475
Unpaid principal balance	953		953		1,026
Related allowance	79		79		$ 127
Average recorded investment	417	981	442	990
Interest income recognized	$ 4	$ 8	$ 14	$ 23

Note 9 - Allowance for Loan L52

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	$ 9,052	$ 10,920
1-4 Family Porfolio Segment[Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	1,621	1,564
Commercial Real Estate Portfolio Segment [Member] | Residential Developments [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	6,382	8,483
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	235	267
Consumer Portfolio Segment [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	797	486
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	0	80
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Non-Accrual Loans [Line Items]
Non Accrual Loans	$ 17	$ 40

Note 9 - Allowance for Loan L53

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Troubled Debt Restructurings - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 7,767	$ 9,450
1-4 Family Porfolio Segment[Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	602	368
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	6,187	7,956
Consumer Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	591	571
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	387	555
Performing Financial Instruments [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,718	2,036
Performing Financial Instruments [Member] | 1-4 Family Porfolio Segment[Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	241	303
Performing Financial Instruments [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	971	979
Performing Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	121	320
Performing Financial Instruments [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	385	434
Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	6,049	7,414
Nonperforming Financial Instruments [Member] | 1-4 Family Porfolio Segment[Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	361	65
Nonperforming Financial Instruments [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,216	6,977
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	470	251
Nonperforming Financial Instruments [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 2	$ 121

Note 9 - Allowance for Loan L54

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Financial Effects of Troubled Debt Restructurings $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Troubled debt restructurings:
Number of contracts	5	0	13	6
Pre-modification	$ 99	$ 0	$ 723	$ 915
Post-modification	$ 100	$ 0	$ 725	$ 900
1-4 Family Porfolio Segment[Member]
Troubled debt restructurings:
Number of contracts	1	0	2	2
Pre-modification	$ 46	$ 0	$ 358	$ 760
Post-modification	$ 46	$ 0	$ 358	$ 760
Consumer Portfolio Segment [Member]
Troubled debt restructurings:
Number of contracts	4	0	11	4
Pre-modification	$ 53	$ 0	$ 365	$ 155
Post-modification	$ 54	$ 0	$ 367	$ 140

Note 9 - Allowance for Loan L55

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Troubled Debt Restructurings that Subsequently Defaulted $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Troubled debt restructurings that subsequently defaulted:
Number of contracts that subsequently defaulted		0		1
Outstanding recorded investment	$ 0	$ 0	$ 0	$ 640
1-4 Family Porfolio Segment[Member]
Troubled debt restructurings that subsequently defaulted:
Number of contracts that subsequently defaulted		0		1
Outstanding recorded investment		$ 0		$ 640

Note 9 - Allowance for Loan L56

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Purchased Performing Loans Acquired Through Kasson State Bank Acquisition - Kasson State Bank [Member] - Performing Financial Instruments [Member] $ in Thousands	2 Months Ended
	Sep. 30, 2015USD ($)
Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Purchased Performing Loans Acquired Through Kasson State Bank Acquisition [Line Items]
Balance at August 15, 2015:	$ 24,215
Balance at August 15, 2015:	(793)
Balance at August 15, 2015:	23,422
Change due to payments/refinances	(1,730)
Change due to payments/refinances	122
Change due to payments/refinances	(1,608)
Transferred to foreclosed assets	0
Transferred to foreclosed assets	0
Transferred to foreclosed assets	0
Change due to loan charge-off	0
Change due to loan charge-off	0
Change due to loan charge-off	0
Balance at September 30, 2015	22,485
Balance at September 30, 2015	(671)
Balance at September 30, 2015	$ 21,814

Note 9 - Allowance for Loan L57

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details) - Purchased Credit Impaired Loans Acquired Through Kasson State Bank Acquisition - Kasson State Bank [Member] $ in Thousands	2 Months Ended
	Sep. 30, 2015USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Balance at August 15, 2015:	$ 1,134
Balance at August 15, 2015:	(497)
Balance at August 15, 2015:	637
Balance at September 30, 2015	1,118
Balance at September 30, 2015	(497)
Balance at September 30, 2015	621
Change due to payments/refinances	(16)
Change due to payments/refinances	0
Change due to payments/refinances	(16)
Transferred to foreclosed assets	0
Transferred to foreclosed assets	0
Transferred to foreclosed assets	0
Change due to loan charge-off	0
Change due to loan charge-off	0
Change due to loan charge-off	$ 0

Note 10 - Investment in Mortg58

Note 10 - Investment in Mortgage Servicing Rights (Details) - Mortgage Servicing Activity - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Mortgage servicing rights:
Balance, beginning of period	$ 1,507	$ 1,708	$ 1,708
Originations	366	219	316
Amortization	(427)	(385)	(517)
Balance, end of period	1,446	1,542	1,507
Fair value of mortgage servicing rights	$ 2,579	$ 2,661	$ 2,562

Note 10 - Investment in Mortg59

Note 10 - Investment in Mortgage Servicing Rights (Details) - Risk Characteristics of Loans Being Serviced $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Original Term Thirty Year Fixed Rate [Member]
Note 10 - Investment in Mortgage Servicing Rights (Details) - Risk Characteristics of Loans Being Serviced [Line Items]
Loan Principal Balance (in Dollars)	$ 210,023
Weighted Average Interest Rate	4.24%
Weighted Average Remaining Term	299 months
Number of Loans	1,813
Original Term Fifteen Year Fixed Rate [Member]
Note 10 - Investment in Mortgage Servicing Rights (Details) - Risk Characteristics of Loans Being Serviced [Line Items]
Loan Principal Balance (in Dollars)	$ 107,843
Weighted Average Interest Rate	3.25%
Weighted Average Remaining Term	139 months
Number of Loans	1,205
Adjustable Rate [Member]
Note 10 - Investment in Mortgage Servicing Rights (Details) - Risk Characteristics of Loans Being Serviced [Line Items]
Loan Principal Balance (in Dollars)	$ 59
Weighted Average Interest Rate	4.38%
Weighted Average Remaining Term	308 months
Number of Loans	2

Note 11 - Intangible Assets (De

Note 11 - Intangible Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Disclosure Text Block [Abstract]
Amortization of Intangible Assets	$ 436,000	$ 385,000

Note 11 - Intangible Assets (61

Note 11 - Intangible Assets (Details) - Gross Carrying Amount and Accumulated Amortization of Intangible Assets - USD ($) $ in Thousands	Sep. 30, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	$ 4,156	$ 3,597
Finite-lived intangible assets, accumulated amortization	(2,299)	(2,055)
Finite-lived intangible assets, unamortized intangible assets	1,857	1,542
Mortgage Servicing Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	3,736	3,597
Finite-lived intangible assets, accumulated amortization	(2,290)	(2,055)
Finite-lived intangible assets, unamortized intangible assets	1,446	$ 1,542
Core Deposits [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, gross carrying amount	420
Finite-lived intangible assets, accumulated amortization	(9)
Finite-lived intangible assets, unamortized intangible assets	$ 411

Note 11 - Intangible Assets (62

Note 11 - Intangible Assets (Details) - Estimated Future Amortization Expense for Intangible Assets - USD ($) $ in Thousands	Sep. 30, 2015	Sep. 30, 2014
Note 11 - Intangible Assets (Details) - Estimated Future Amortization Expense for Intangible Assets [Line Items]
2,015	$ 130
2,016	488
2,017	409
2,018	317
2,019	256
Thereafter	257
Total	1,857	$ 1,542
Mortgage Servicing Rights [Member]
Note 11 - Intangible Assets (Details) - Estimated Future Amortization Expense for Intangible Assets [Line Items]
2,015	111
2,016	414
2,017	335
2,018	243
2,019	182
Thereafter	161
Total	1,446	$ 1,542
Core Deposits [Member]
Note 11 - Intangible Assets (Details) - Estimated Future Amortization Expense for Intangible Assets [Line Items]
2,015	19
2,016	74
2,017	74
2,018	74
2,019	74
Thereafter	96
Total	$ 411

Note 12 - Earnings per Common63

Note 12 - Earnings per Common Share (Details) - Basic and Diluted Earnings (Loss) Per Share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Note 12 - Earnings per Common Share (Details) - Basic and Diluted Earnings (Loss) Per Share [Line Items]
Weighted average number of common shares outstanding used in basic earnings per common share calculation	4,142	4,067	4,118	4,053
Net dilutive effect of:
Options	505	520	514	499
Weighted average number of shares outstanding adjusted for effect of dilutive securities	4,673	4,649	4,672	4,609
Income available to common shareholders (in Dollars)	$ 820	$ 1,178	$ 1,758	$ 4,283
Basic earnings per common share (in Dollars per share)	$ 0.20	$ 0.29	$ 0.43	$ 1.06
Diluted earnings per common share (in Dollars per share)	$ 0.18	$ 0.25	$ 0.38	$ 0.93
Restricted Stock [Member]
Net dilutive effect of:
Restricted stock awards	26	62	40	57

Note 13 - Regulatory Capital 64

Note 13 - Regulatory Capital and Regulatory Oversight (Details) - Home Federal Savings Bank [Member] $ in Millions	Sep. 30, 2015USD ($)
Note 13 - Regulatory Capital and Regulatory Oversight (Details) [Line Items]
Banks Tangible Assets	$ 607.7
Adjusted Assets	603.3
Risk Weighted Assets	$ 491.7

Note 13 - Regulatory Capital 65

Note 13 - Regulatory Capital and Regulatory Oversight (Details) - Capital Requirements under Banking Regulations $ in Thousands	Sep. 30, 2015USD ($)
Capital Requirements under Banking Regulations [Abstract]
Bank stockholder’s equity	$ 73,531
Plus:
Net unrealized gain on certain securities available for sale	(63)
Less:
Goodwill and other intangibles	165
Disallowed servicing and tax assets	4,217
Common equity tier I capital	$ 69,086
Common equity tier I capital ratio	14.05%	[1]
Common equity tier I capital ratio	$ 22,126
Common equity tier I capital ratio	4.50%	[1]
Common equity tier I capital ratio	$ 46,960
Common equity tier I capital ratio	9.55%	[1]
Common equity tier I capital ratio	$ 31,960	[2]
Common equity tier I capital ratio	6.50%	[1],[2]
Tier I capital	$ 69,086
Tier I capital to adjusted total assets (leverage ratio)	11.45%	[1]
Tier I capital to adjusted total assets (leverage ratio)	$ 24,131
Tier I capital to adjusted total assets (leverage ratio)	4.00%	[1]
Tier I capital to adjusted total assets (leverage ratio)	$ 44,955
Tier I capital to adjusted total assets (leverage ratio)	7.45%	[1]
Tier I capital to adjusted total assets (leverage ratio)	$ 30,164	[2]
Tier I capital to adjusted total assets (leverage ratio)	5.00%	[1],[2]
Tier I capital to risk-weighted assets	14.05%	[1]
Tier I capital to risk-weighted assets	$ 29,501
Tier I capital to risk-weighted assets	6.00%	[1]
Tier I capital to risk-weighted assets	$ 39,585
Tier I capital to risk-weighted assets	8.05%	[1]
Tier I capital to risk-weighted assets	$ 39,335	[2]
Tier I capital to risk-weighted assets	8.00%	[1],[2]
Plus:
Allowable allowance for loan losses	$ 6,211
Risk-based capital	75,297
Risk-based capital	39,335
Risk-based capital	35,962
Risk-based capital	$ 49,169	[2]
Risk-based capital to risk- weighted assets	15.31%	[1]
Risk-based capital to risk- weighted assets	8.00%	[1]
Risk-based capital to risk- weighted assets	7.31%	[1]
Risk-based capital to risk- weighted assets	10.00%	[1],[2]
[1]	Based upon the Bank's adjusted total assets for the purpose of leverage ratio and risk-weighted assets for the purpose of the risk-based capital ratios.
[2]	Under the recently issued final rules, revised requirements began to be phased in on January 1, 2015, as described above.

Note 14 - Preferred Stock (Deta

Note 14 - Preferred Stock (Details) - USD ($)	May. 21, 2015	Feb. 17, 2015	Dec. 23, 2008	Dec. 31, 2014	Sep. 30, 2015
Note 14 - Preferred Stock (Details) [Line Items]
Preferred Stock, Shares Authorized				500,000	500,000
Preferred Stock, Liquidation Preference Per Share (in Dollars per share)			$ 1,000
Class of Warrant or Right, Number of Securities Called by Warrants or Rights			833,333
Class of Warrant or Right, Exercise Price of Warrants or Rights (in Dollars per share)	$ 4.68		$ 4.68
Proceeds from Issuance of Warrants (in Dollars)	$ 5,700,000
Preferred Stock [Member]
Note 14 - Preferred Stock (Details) [Line Items]
Stock Issued During Period, Value, New Issues (in Dollars)			$ 26,000
Stock Redeemed or Called During Period, Shares		10,000		16,000
Two Investors [Member]
Note 14 - Preferred Stock (Details) [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	277,777.67
One Investor [Member]
Note 14 - Preferred Stock (Details) [Line Items]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	277,777.66

Note 15 - Other Borrowings (Det

Note 15 - Other Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Feb. 17, 2015	Dec. 31, 2014
Note 15 - Other Borrowings (Details) [Line Items]
Other Borrowings	$ 10,000	$ 10,000	$ 0
Other Borrowings [Member]
Note 15 - Other Borrowings (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		6.50%
Debt Instrument, Annual Principal Payment		$ 1,000

Note 16 - Commitments and Con68

Note 16 - Commitments and Contingencies (Details) $ in Millions	Sep. 30, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Letters of Credit Issued and Available Amount	$ 3.2

Note 17 - Business Segments (De

Note 17 - Business Segments (Details) - Profit and Assets for the Reportable Segments - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Interest income - external customers	$ 5,390	$ 5,131	$ 15,344	$ 15,578
Non-interest income - external customers	2,231	2,194	5,692	5,604
Intersegment interest income		0	0	0
Intersegment non-interest income
Intersegment non-interest income	0		0	0
Interest expense	397	297	1,114	937
Other non-interest expense	5,969	5,425	17,200	15,586
Income tax expense	491	1,054	1,095	3,736
Net income	820	1,538	1,866	5,700
Total assets	618,917	594,433	618,917	594,433
Consolidation, Eliminations [Member]
Segment Reporting Information [Line Items]
Interest income - external customers	0	0	0	0
Non-interest income - external customers	0	0	0	0
Intersegment interest income		(1,653)	(1)	(1)
Intersegment non-interest income
Intersegment non-interest income	(1,058)		(2,471)	(6,058)
Interest expense	0	0	(1)	(1)
Other non-interest expense	(51)	(45)	(153)	(135)
Income tax expense	0	0	0	0
Net income	(1,007)	(1,608)	(2,318)	(5,923)
Total assets	(77,307)	(79,914)	(77,307)	(79,914)
Home Federal Savings Bank [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Interest income - external customers	5,390	5,131	15,344	15,578
Non-interest income - external customers	2,231	2,194	5,692	5,604
Intersegment interest income		45	0	0
Intersegment non-interest income
Intersegment non-interest income	51		153	135
Interest expense	231	297	707	938
Other non-interest expense	5,832	5,283	16,887	15,135
Income tax expense	657	1,171	1,516	4,098
Net income	1,007	1,608	2,318	5,923
Total assets	617,870	593,474	617,870	593,474
Other Segments [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Interest income - external customers	0	0	0	0
Non-interest income - external customers	0	0	0	0
Intersegment interest income		1,608	1	1
Intersegment non-interest income
Intersegment non-interest income	1,007		2,318	5,923
Interest expense	166	0	408	0
Other non-interest expense	188	187	466	586
Income tax expense	(166)	(117)	(421)	(362)
Net income	820	1,538	1,866	5,700
Total assets	$ 78,354	$ 80,873	$ 78,354	$ 80,873