HMN Financial (HMNF) 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 27, 2016
Document Information [Line Items]
Entity Registrant Name	HMN FINANCIAL INC
Entity Central Index Key	921,183
Trading Symbol	hmnf
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		4,488,923
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 18,880,000	$ 39,782,000
Mortgage-backed and related securities (amortized cost $1,606 and $2,237)	1,641,000	2,283,000
Other marketable securities amortized cost $74,011 and $110,092)	73,924,000	109,691,000
	75,565,000	111,974,000
Loans held for sale	3,159,000	3,779,000
Loans receivable, net	530,425,000	463,185,000
Accrued interest receivable	2,411,000	2,254,000
Real estate, net	1,421,000	2,045,000
Federal Home Loan Bank stock, at cost	770,000	691,000
Mortgage servicing rights, net	1,479,000	1,499,000
Premises and equipment, net	8,079,000	7,469,000
Goodwill	802,000	0
Core deposit intangible	503,000	393,000
Prepaid expenses and other assets	1,338,000	1,417,000
Deferred tax asset, net	8,553,000	8,673,000
Total assets	653,385,000	643,161,000
Liabilities and Stockholders’ Equity
Deposits	563,060,000	559,387,000
Other Borrowings	9,000,000	9,000,000
Accrued interest payable	233,000	242,000
Customer escrows	1,976,000	830,000
Accrued expenses and other liabilities	5,779,000	4,057,000
Total liabilities	580,048,000	573,516,000
Stockholders’ equity:
Serial preferred stock ($.01 par value): authorized 500,000 shares; issued shares 0	0	0
Common stock ($.01 par value): authorized 16,000,000; issued shares 9,128,662	91,000	91,000
Additional paid-in capital	50,391,000	50,388,000
Retained earnings, subject to certain restrictions	83,788,000	80,536,000
Accumulated other comprehensive loss	(32,000)	(214,000)
Unearned employee stock ownership plan shares	(2,320,000)	(2,417,000)
Treasury stock, at cost 4,639,739 and 4,645,769 shares	(58,581,000)	(58,739,000)
Total stockholders’ equity	73,337,000	69,645,000
Total liabilities and stockholders’ equity	$ 653,385,000	$ 643,161,000

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Mortgage-backed and related securities amortized cost	$ 1,606	$ 2,237
Other marketable securities amortized cost	$ 74,011	$ 110,092
Serial preferred stock, authorized (in shares)	500,000	500,000
Serial preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Serial preferred stock, issued shares (in shares)	0	0
Common stock, authorized (in shares)	16,000,000	16,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, issued shares (in shares)	9,128,662	9,128,662
Treasury stock, shares (in shares)	4,639,739	4,645,769

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Loans receivable	$ 6,774,000	$ 4,537,000	$ 12,868,000	$ 8,891,000
Securities available for sale:
Mortgage-backed and related	16,000	24,000	36,000	52,000
Other marketable	351,000	501,000	723,000	987,000
Cash equivalents	17,000	7,000	55,000	22,000
Other	1,000	1,000	2,000	2,000
Total interest income	7,159,000	5,070,000	13,684,000	9,954,000
Interest expense:
Deposits	246,000	226,000	472,000	474,000
Advances and other borrowings	149,000	165,000	297,000	243,000
Total interest expense	395,000	391,000	769,000	717,000
Net interest income	6,764,000	4,679,000	12,915,000	9,237,000
Provision for loan losses	381,000	(183,000)	(351,000)	(183,000)
Net interest income after provision for loan losses	6,383,000	4,862,000	13,266,000	9,420,000
Non-interest income:
Fees and service charges	873,000	844,000	1,652,000	1,626,000
Loan servicing fees	271,000	257,000	532,000	516,000
Losses on sales of investments	(9,000)	0	(9,000)	0
Gain on sales of loans	705,000	530,000	1,192,000	815,000
Other	262,000	236,000	490,000	504,000
Total non-interest income	2,102,000	1,867,000	3,857,000	3,461,000
Compensation and benefits	3,598,000	3,540,000	7,293,000	6,986,000
(Gains) losses on real estate owned	(75,000)	65,000	(424,000)	(47,000)
Occupancy and equipment	1,006,000	926,000	1,996,000	1,805,000
Data processing	281,000	268,000	554,000	499,000
Professional services	368,000	293,000	619,000	509,000
Other	855,000	708,000	1,686,000	1,479,000
Total non-interest expense	6,033,000	5,800,000	11,724,000	11,231,000
Income before income tax expense	2,452,000	929,000	5,399,000	1,650,000
Income tax expense	974,000	344,000	2,147,000	604,000
Net income	1,478,000	585,000	3,252,000	1,046,000
Preferred stock dividends	0	0	0	(108,000)
Net income available to common shareholders	1,478,000	585,000	3,252,000	938,000
Other comprehensive income (loss), net of tax	44,000	(189,000)	182,000	206,000
Comprehensive income available to common shareholders	$ 1,522,000	$ 396,000	$ 3,434,000	$ 1,144,000
Basic earnings per common share (in dollars per share)	$ 0.35	$ 0.14	$ 0.78	$ 0.23
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.13	$ 0.69	$ 0.20

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($)	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 at Dec. 31, 2015	$ 91,000	$ 50,388,000	$ 80,536,000	$ (214,000)	$ (2,417,000)	$ (58,739,000)	$ 69,645,000
Net income			3,252,000				3,252,000
Other comprehensive income (loss), net of tax				182,000			182,000
Stock compensation expense		39,000					39,000
Restricted stock awards		(158,000)				158,000	0
Amortization of restricted stock awards		92,000					92,000
Earned employee stock ownership plan shares		30,000			97,000		127,000
Balance at Jun. 30, 2016	$ 91,000	$ 50,391,000	$ 83,788,000	$ (32,000)	$ (2,320,000)	$ (58,581,000)	$ 73,337,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Core Deposits [Member]
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of core deposit intangible	$ 43,000	$ 0
Net income	3,252,000	1,046,000
Provision for loan losses	(351,000)	(183,000)
Depreciation	399,000	333,000
Amortization of (discounts) premiums, net	(9,000)	(2,000)
Amortization of deferred loan fees	(802,000)	(207,000)
Amortization of core deposit intangible	300,000	300,000
Amortization of other purchased fair value adjustments	(253,000)	0
Amortization of mortgage servicing rights and servicing costs	278,000	275,000
Capitalized mortgage servicing rights	(258,000)	(219,000)
Losses on sales of investments	9,000	0
Gain on sales of real estate	(424,000)	(47,000)
Gain on sales of loans	(1,192,000)	(815,000)
Proceeds from sale of loans held for sale	40,870,000	30,873,000
Disbursements on loans held for sale	(31,244,000)	(31,660,000)
Amortization of restricted stock awards	92,000	327,000
Amortization of unearned ESOP shares	97,000	96,000
Earned employee stock ownership shares priced above original cost	30,000	31,000
Stock option compensation expense	39,000	0
Increase in accrued interest receivable	(50,000)	(66,000)
(Decrease) increase in accrued interest payable	(13,000)	150,000
Decrease in other assets	239,000	290,000
Increase in other liabilities	1,635,000	273,000
Other, net	23,000	15,000
Net cash provided by operating activities	12,410,000	510,000
Cash flows from investing activities:
Principal collected on securities available for sale	628,000	736,000
Proceeds collected on maturities of securities available for sale	96,020,000	76,070,000
Purchases of securities available for sale	(59,968,000)	(64,070,000)
Purchase of Federal Home Loan Bank Stock	(1,079,000)	(119,000)
Redemption of Federal Home Loan Bank Stock	1,000,000	205,000
Proceeds from sales of real estate	1,623,000	385,000
Net increase in loans receivable	(62,447,000)	(4,920,000)
Acquisition payment (net of cash acquired)	6,080,000	0
Purchases of premises and equipment	(1,009,000)	(358,000)
Net cash (used) provided by investing activities	(19,152,000)	7,929,000
Cash flows from financing activities:
Decrease in deposits	(15,288,000)	(15,274,000)
Redemption of preferred stock	0	(10,000,000)
Dividends to preferred stockholders	0	(225,000)
Proceeds from borrowings	25,000,000	41,000,000
Repayment of borrowings	(25,000,000)	(31,000,000)
Increase (decrease) in customer escrows	1,128,000	(17,000)
Net cash used by financing activities	(14,160,000)	(15,516,000)
Decrease in cash and cash equivalents	(20,902,000)	(7,077,000)
Cash and cash equivalents, beginning of period	39,782,000	46,634,000
Cash and cash equivalents, end of period	18,880,000	39,557,000
Supplemental cash flow disclosures:
Cash paid for interest	777,000	567,000
Cash paid for income taxes	156,000	135,000
Supplemental noncash flow disclosures:
Loans transferred to loans held for sale	7,891,000	2,313,000
Transfer of loans to real estate	$ 591,000	$ 0

Note 1 - HMN Financial, Inc.

Note 1 - HMN Financial, Inc.	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
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 is currently inactive, but has acted 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. Certain amounts in the consolidated financial statements for the prior year have been reclassified to conform to the current year presentation.

Note 2 - Basis of Preparation

Note 2 - Basis of Preparation	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
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 (GAAP). 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 six-month period ended June 30, 2016 are not necessarily indicative of the results which may be expected for the entire year.

Note 3 - New Accounting Standar

Note 3 - New Accounting Standards	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	(3) New Accounting Standards In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). Topic 842, Leases Topic 840, Leases GAAP and this ASU is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. The amendment requires a lessee to recognize in the statement of financial position a liability to make lease payments (the lease liability) and the right-of-use asset representing its right to use the underlying asset for the lease term. The accounting applied by a lessor is largely unchanged from that applied under previous GAAP. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that entities may elect to apply that will, in effect, continue to account for leases that commence before the effective date in accordance with previous GAAP unless the lease is modified. The amendments in the ASU, for public business entities, are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The adoption of this ASU in the first quarter of 2019 is not anticipated to have a material impact on the Company’s consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718). In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	(4 ) Fair Value Measurements ASC 820, Fair Value Measurements, Level 1 Level 2 Level 3 The following table summarizes the assets and liabilities of the Company for which fair values are determined on a recurring basis as of June 30, 2016 and December 31, 2015. Carrying value at June 30, 2016 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 75,565 0 75,565 0 Mortgage loan commitments 196 0 196 0 Total $ 75,761 0 75,761 0 Carrying value at December 31, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 111,974 0 111,974 0 Mortgage loan commitments 36 0 36 0 Total $ 112,010 0 112,010 0 There were no transfers between Levels 1, 2, or 3 during the three or six month periods ended June 30, 2016. 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 GAAP. 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 that were still held at June 30, 2016 and December 31, 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 June 30, 2016 and December 31, 2015. Carrying value at June 30, 2016 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three months ended June 30, 2016 Total Gains (Losses) Six months ended June 30, 2016 Total Gains (Losses) Loans held for sale $ 3,159 0 3,159 0 32 48 Mortgage servicing rights 1,479 0 1,479 0 0 0 Loans (1) 3,842 0 3,842 0 (116 ) (182 ) Real estate, net (2) 1,421 0 1,421 0 0 (253 ) Total $ 9,901 0 9,901 0 (84 ) (387 ) Carrying value at December 31, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year ended December 31, 2015 Total Gains (Losses) Loans held for sale $ 3,779 0 3,779 0 3 Mortgage servicing rights, net 1,499 0 1,499 0 0 Loans (1) 4,790 0 4,790 0 (373 ) Real estate, net (2) 2,045 0 2,045 0 (262 ) Total $ 12,113 0 12,113 0 (632 ) (1) Represents carrying value and related write-downs of 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	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	(5) Fair Value of Financial Instruments GAAP requires 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 June 30, 2016 and December 31, 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 June 30, 2016 and December 31, 2015 are shown in the following table. June 30, 2016 December 31, 2015 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 $ 18,880 18,880 18,880 39,782 39,782 39,782 Securities available for sale 75,565 75,565 75,565 111,974 111,974 111,974 Loans held for sale 3,159 3,159 3,159 3,779 3,779 3,779 Loans receivable, net 530,425 532,418 532,418 463,185 458,539 458,539 Federal Home Loan Bank stock 770 770 770 691 691 691 Accrued interest receivable 2,411 2,411 2,411 2,254 2,254 2,254 Financial liabilities: Deposits 563,060 562,933 562,933 559,387 558,731 558,731 Other borrowings 9,000 10,075 10,075 9,000 9,000 9,000 Accrued interest payable 233 233 233 242 242 242 Off-balance sheet financial Commitments to extend credit 196 196 221,019 36 36 165,949 Commitments to sell loans (119 ) (119 ) 12,071 (26 ) (26 ) 8,071 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, with the exception of the adjustable rate 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. The fair value of the adjustable loan portfolio was estimated by grouping the loans with similar characteristics and comparing the characteristics of each group to the prices quoted for similar types of loans in the secondary market. Federal Home Loan Bank stock The carrying amount of Federal Home Loan Bank (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. 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 FHLB 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	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	(6) Other Comprehensive Income Other comprehensive income is defined as the change in equity during a period from transactions and other events from nonowner sources. Comprehensive income is the total of net income and other comprehensive income, which for the Company is comprised of unrealized gains and losses on securities available for sale. The components of other comprehensive income and the related tax effects were as follows: For the three months ended June 30, (Dollars in thousands) 2016 2015 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Gross unrealized gains (losses) arising during the period $ 64 26 38 (315 ) (126 ) (189 ) Less reclassification of net losses included in net income (9 ) (3 ) (6 ) 0 0 0 Net unrealized gains (losses) arising during the period 73 29 44 (315 ) (126 ) (189 ) Other comprehensive income (loss) $ 73 29 44 (315 ) (126 ) (189 ) For the six months ended June 30, (Dollars in thousands) 2016 2015 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Gross unrealized gains arising during the period $ 294 118 176 340 134 206 Less reclassification of net losses included in net income (9 ) (3 ) (6 ) 0 0 0 Net unrealized gains arising during the period 303 121 182 340 134 206 Other comprehensive income $ 303 121 182 340 134 206

Note 7 - Securities Available f

Note 7 - Securities Available for Sale	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
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 June 30, 2016 and December 31, 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 June 30, 2016 Collateralized mortgage obligations: Federal National Mortgage Association (FNMA) 1 $ 254 (4 ) 0 $ 0 0 $ 254 (4 ) Other 2 23 (5 ) 0 0 0 23 (5 ) Other marketable securities: Municipal obligations 4 444 (2 ) 0 0 0 444 (2 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Total temporarily impaired securities 7 $ 721 (11 ) 1 $ 350 (350 ) $ 1,071 (361 ) 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 December 31, 2015 Collateralized mortgage obligations: FNMA 1 $ 346 (1 ) 0 $ 0 0 $ 346 (1 ) Other 2 34 (8 ) 0 0 0 34 (8 ) Other marketable securities: U.S. Government agency obligations 9 44,878 (129 ) 0 0 0 44,878 (129 ) Municipal obligations 12 2,010 (7 ) 0 0 0 2,010 (7 ) Corporate obligations 1 334 (6 ) 0 0 0 334 (6 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Total temporarily impaired securities 25 $ 47,602 (151 ) 1 $ 350 (350 ) $ 47,952 (501 ) 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 June 30, 2016 relates 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. Since January 2015, the issuer has deferred its scheduled interest payment as allowed by the terms of the security agreement. The issuer’s subsidiary bank has incurred operating losses in the past due to increased provisions for loan losses but has generated a modest amount of net income over the past twelve months and continues to meet 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 June 30, 2016. 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 June 30, 2016 and December 31, 2015 is as follows: (Dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Fair value June 3 0 , 2016 Mortgage-backed securities: Federal Home Loan Mortgage Corporation (FHLMC) $ 509 19 0 528 Federal National Mortgage Association (FNMA) 491 11 0 502 Collateralized mortgage obligations: FNMA 578 14 (4 ) 588 Other 28 0 (5 ) 23 1,606 44 (9 ) 1,641 Other marketable securities: U.S. Government agency obligations 69,980 191 0 70,171 Municipal obligations 2,957 44 (2 ) 2,999 Corporate obligations 316 18 0 334 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 12 0 70 74,011 265 (352 ) 73,924 $ 75,617 309 (361 ) 75,565 (Dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Fair value December 31, 2015 Mortgage-backed securities: FHLMC $ 728 31 0 759 FNMA 725 22 0 747 Collateralized mortgage obligations: FNMA 742 2 (1 ) 743 Other 42 0 (8 ) 34 2,237 55 (9 ) 2,283 Other marketable securities: U.S. Government agency obligations 105,003 68 (129 ) 104,942 Municipal obligations 3,991 18 (7 ) 4,002 Corporate obligations 340 0 (6 ) 334 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 5 0 63 110,092 91 (492 ) 109,691 $ 112,329 146 (501 ) 111,974 The following table indicates amortized cost and estimated fair value of securities available for sale at June 30, 2016 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 $ 55,647 55,814 Due after one year through five years 18,748 18,861 Due after five years through ten years 321 325 Due after ten years 843 495 No stated maturity 58 70 Total $ 75,617 75,565 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 that 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	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	(8) Loans Receivable, Net A summary of loans receivable at June 30, 2016 and December 31, 2015 is as follows: (Dollars in thousands) June 30, 2016 December 31, 2015 1-4 family $ 100,720 90,945 Commercial real estate: Real estate rental and leasing 158,439 125,376 Other 133,311 121,977 291,750 247,353 Consumer 74,462 64,415 Commercial business: Transportation industry 10,503 9,349 Other 63,030 60,757 73,533 70,106 Total loans 540,465 472,819 Less: Unamortized discounts 21 16 Net deferred loan costs (306 ) (91 ) Allowance for loan losses 10,325 9,709 Total loans receivable, net $ 530,425 463,185

Note 9 - Allowance for Loan Los

Note 9 - Allowance for Loan Losses and Credit Quality Information	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Allowance For Loan Losses And Credit Quality Information [Text Block]	(9) Allowance for Loan Losses and Credit Quality Information The allowance for loan losses is summarized as follows: (Dollars in thousands) 1-4 Family Commercial Consumer Commercial Business Total For the three months ended June 30, 2016: Balance, March 31, 2016 $ 1,050 5,437 1,395 1,481 9,363 Provision for losses 220 (37 ) 132 66 381 Charge-offs 0 0 (8 ) (44 ) (52 ) Recoveries 0 427 12 194 633 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 For the six months ended June 30, 2016: Balance, December 31, 2015 $ 990 6,078 1,200 1,441 9,709 Provision for losses 280 (859 ) 315 (87 ) (351 ) Charge-offs 0 0 (15 ) (44 ) (59 ) Recoveries 0 608 31 387 1,026 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 Allocated to: Specific reserves $ 223 296 370 120 1,009 General reserves 767 5,782 830 1,321 8,700 Balance, December 31, 2015 $ 990 6,078 1,200 1,441 9,709 Allocated to: Specific reserves $ 308 197 378 67 950 General reserves 962 5,630 1,153 1,630 9,375 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 Loans receivable at December 31, 2015: Individually reviewed for impairment $ 2,203 2,204 977 415 5,799 Collectively reviewed for impairment 88,742 245,149 63,438 69,691 467,020 Ending balance $ 90,945 247,353 64,415 70,106 472,819 Loans receivable at June 30, 2016: Individually reviewed for impairment $ 1,508 1,815 1,134 335 4,792 Collectively reviewed for impairment 99,212 289,935 73,328 73,198 535,673 Ending balance $ 100,720 291,750 74,462 73,533 540,465 (Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended June 30, 2015: Balance, March 31, 2015 $ 1,091 5,122 1,022 1,183 8,418 Provision for losses (81 ) 132 143 (377 ) (183 ) Charge-offs 0 (5 ) (9 ) 0 (14 ) Recoveries 1 29 6 145 181 Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402 For the six months ended June 30, 2015: Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Provision for losses (87 ) 197 166 (459 ) (183 ) Charge-offs 0 (5 ) (27 ) 0 (32 ) Recoveries 2 62 14 207 285 Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402 The following table summarizes the amount of classified and unclassified loans at June 30, 2016 and December 31, 2015: June 30, 2016 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 524 2,367 50 67 3,008 97,712 100,720 Commercial real estate: Real estate rental and leasing 0 7,189 0 0 7,189 151,250 158,439 Other 1,986 8,995 0 0 10,981 122,330 133,311 Consumer 0 816 50 269 1,135 73,327 74,462 Commercial business: Transportation industry 0 3,884 0 0 3,884 6,619 10,503 Other 2,412 1,385 0 0 3,797 59,233 63,030 $ 4,922 24,636 100 336 29,994 510,471 540,465 December 31, 2015 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 189 2,889 55 0 3,133 87,812 90,945 Commercial real estate: Real estate rental and leasing 1,910 4,827 0 0 6,737 118,639 125,376 Other 917 9,473 0 0 10,390 111,587 121,977 Consumer 0 639 52 286 977 63,438 64,415 Commercial business: Transportation industry 4,082 18 0 0 4,100 5,249 9,349 Other 841 1,515 0 0 2,356 58,401 60,757 $ 7,939 19,361 107 286 27,693 445,126 472,819 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 essentially uncollateralized and/or considered uncollectible and of such little value that continuance as an asset on the balance sheet may not be 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 June 30, 2016 and December 31, 2015 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 June 30, 201 6 1-4 family $ 729 111 217 1,057 99,663 100,720 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 158,439 158,439 0 Other 0 73 272 345 132,966 133,311 0 Consumer 412 0 261 673 73,789 74,462 0 Commercial business: Transportation industry 0 0 0 0 10,503 10,503 0 Other 40 187 157 384 62,646 63,030 0 $ 1,181 371 907 2,459 538,006 540,465 0 December 31, 201 5 1-4 family $ 490 130 799 1,419 89,526 90,945 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 125,376 125,376 0 Other 0 289 0 289 121,688 121,977 0 Consumer Commercial business: 330 262 119 711 63,704 64,415 0 Transportation industry Other 0 0 0 0 9,349 9,349 0 45 0 0 45 60,712 60,757 0 $ 865 681 918 2,464 470,355 472,819 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 June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (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 $ 343 343 0 1,251 1,251 0 Commercial real estate: Real estate rental and leasing 42 160 0 44 184 0 Other 26 1,682 0 25 1,706 0 Consumer 589 590 0 475 476 0 Commercial business: Other 0 45 0 0 79 0 Loans with an allowance recorded: 1-4 family 1,165 1,165 308 952 952 223 Commercial real estate: Real estate rental and leasing 0 0 0 0 0 0 Other 1,747 1,747 197 2,135 2,135 296 Consumer 545 562 378 502 519 370 Commercial business: Other 335 887 67 415 967 120 Total: 1-4 family 1,508 1,508 308 2,203 2,203 223 Commercial real estate: Real estate rental and leasing 42 160 0 44 184 0 Other 1,773 3,429 197 2,160 3,841 296 Consumer 1,134 1,152 378 977 995 370 Commercial business: Other 335 932 67 415 1,046 120 $ 4,792 7,181 950 5,799 8,269 1,009 The following table summarizes the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2016 and 2015: For the three months ended June 30, 2016 For the six months ended June 30, 2016 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 519 4 763 6 Commercial real estate: Real estate rental and leasing 43 2 43 3 Other 26 25 26 48 Consumer 546 2 522 4 Commercial business: Other 0 0 0 0 Loans with an allowance recorded: 1-4 family 1,122 3 1,065 8 Commercial real estate: Real estate rental and leasing 0 0 0 0 Other 2,002 7 2,046 15 Consumer 542 4 529 6 Commercial business: Other 366 4 382 7 Total: 1-4 family 1,641 7 1,828 14 Commercial real estate: Real estate rental and leasing 43 2 43 3 Other 2,028 32 2,072 63 Consumer 1,088 6 1,051 10 Commercial business: Other 366 4 382 7 $ 5,166 51 5,376 97 For the three months ended June 30, 2015 For the six months ended June 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 $ 857 3 823 30 Commercial real estate: Real estate rental and leasing 47 7 47 14 Other 7,099 96 7,205 191 Consumer 291 1 348 2 Commercial business: Other 32 1 47 1 Loans with an allowance recorded: 1-4 family 1,148 4 1,136 8 Commercial real estate: Real estate rental and leasing 0 0 5 0 Other 1,672 10 1,864 18 Consumer 443 9 410 13 Commercial business: Other 433 5 447 9 Total: 1-4 family 2,005 7 1,959 38 Commercial real estate: Real estate rental and leasing 47 7 52 14 Other 8,771 106 9,069 209 Consumer 734 10 758 15 Commercial business: Other 465 6 494 10 $ 12,022 136 12,332 286 At June 30, 2016 and December 31, 2015, non-accruing loans totaled $3.5 million and $4.2 million, respectively, for which the related allowance for loan losses was $0.8 million and $0.7 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 $0.8 million and $1.4 million at June 30, 2016 and December 31, 2015, respectively. Non-accrual loans also include certain loans that have had terms modified in a TDR. The non-accrual loans at June 30, 2016 and December 31, 2015 are summarized as follows: (Dollars in thousands) June 30, 2016 December 31, 2015 1-4 family $ 1,173 $ 1,655 Commercial real estate: Real estate rental and leasing 42 44 Other 1,268 1,650 Consumer 967 786 Commercial business: Other 0 46 $ 3,450 $ 4,181 At June 30, 2016 and December 31, 2015 there were loans included in loans receivable, net, with terms that had been modified in a TDR totaling $2.3 million and $2.5 million, respectively. For the loans that were restructured in the second quarter of 2016, $0.1 million were non-performing at June 30, 2016. For the loans that were restructured in the second quarter of 2015, $0.5 million were classified but performing and $0.1 million were non-performing at June 30, 2015. The following table summarizes TDRs at June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 (Dollars in thousands) Accrual Non- Accrual Total Accrual Non- Accrual Total 1-4 family $ 336 65 401 547 100 647 Commercial real estate 504 208 712 511 214 725 Consumer 167 642 809 191 541 732 Commercial business 335 0 335 369 46 415 $ 1,342 915 2,257 1,618 901 2,519 As of June 30, 2016, the Bank had commitments to lend an additional $0.9 million to a borrower who has TDR and non-accrual loans. These additional funds are for the construction of 1-4 family homes with a maximum loan-to-value ratio of 75%. These loans are secured by the home under construction. At December 31, 2015, there were commitments to lend additional funds of $1.5 million to this same borrower. 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 table and represent the difference between the outstanding recorded balance pre-modification and post-modification, for the three month and six month periods ending June 30, 2016 and June 30, 2015. Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (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 $ 65 65 1 $ 65 65 Consumer 5 35 35 11 142 143 Total 6 $ 100 100 12 $ 207 208 Three Months Ended June 30, 2015 Six Months Ended June 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 $ 313 313 1 $ 313 313 Consumer 6 302 304 7 311 312 Total 7 $ 615 617 8 $ 624 625 The following table summarizes the loans that were restructured in the 12 months preceding June 30, 2016 and subsequently defaulted during the three and six months ended June 30, 2016. Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (Dollars in thousands) Number of Contracts Outstanding Recorded Investment Number of Contracts Pre modification Outstanding Recorded Investment Troubled debt restructurings that subsequently defaulted: Commercial real estate: Other 1 $ 183 1 $ 183 Commercial business: Other 1 44 1 44 Total 2 $ 227 2 $ 227 There were no loans restructured in the 12 months preceding June 30, 2015 that defaulted in the three and six months ended June 30, 2015. 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 to general reserves as needed. Loans that are not collateral-dependent may have additional reserves established if deemed necessary. The reserves for TDRs were $0.5 million, or 4.5%, of the total $10.3 million in loan loss reserves at June 30, 2016 and $0.5 million, or 5.2%, of the total $9.7 million in loan loss reserves at December 31, 2015. The following is additional information with respect to loans acquired through acquisitions: (Dollars in thousands) Contractual Principal Receivable Accretable Difference Net Carrying Amount Purchased performing loans: Balance at March 31, 2016 $ 15,940 (388 ) 15,552 Loans acquired during the period 11,772 (211 ) 11,561 Change due to payments/refinances (3,179 ) 78 (3,101 ) Balance at June 30, 2016 $ 24,533 (521 ) 24,012 (Dollars in thousands) Contractual Principal Receivable Non- Accretable Difference Net Carrying Amount Purchased credit impaired loans: Balance at March 31, 2016 $ 413 (62 ) 351 Loans acquired during the period 329 (37 ) 292 Change due to payments/refinances (5 ) 6 1 Balance at June 30, 2016 $ 737 (93 ) 644 As a result of acquisitions, the Company has 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 June 30, 2016 was $0.6 million. No provision for loan losses was recognized during the period ended June 30, 2016 related to acquired loans as there was no significant change to the credit quality of those loans.

Note 10 - Intangible Assets

Note 10 - Intangible Assets	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	(10) Intangible Assets The Company’s intangible assets consist of mortgage servicing rights, core deposit intangibles, and goodwill. A summary of mortgage servicing activity is as follows: (Dollars in thousands) Six Months ended June 30, 2016 Twelve Months ended December 31, 2015 Six Months ended June 30, 2015 Balance, beginning of period $ 1,499 1,507 1,507 Originations 258 547 219 Amortization (278 ) (555 ) (275 ) Balance, end of period $ 1,479 1,499 1,451 Fair value of mortgage servicing rights $ 2,552 2,590 2,608 All of the loans being serviced were single family loans serviced for FNMA under the individual loan sale program. The following is a summary of the risk characteristics of the loans being serviced for FNMA at June 30, 2016. (Dollars in thousands) Loan Principal Balance Weighted Average Rate Weighted Average Remaining Term (months) Number of Loans Original term 30 year fixed rate $ 224,331 4.16 % 301 1,887 Original term 15 year fixed rate 106,833 3.19 138 1,166 Adjustable rate 58 2.75 299 2 The gross carrying amount of intangible assets and the associated accumulated amortization at June 30, 2016 is presented in the following table. No amortization expense relating to goodwill is recorded as generally accepted accounting principles do not allow goodwill to be amortized, but require that it is tested for impairment at least annually, or sooner, if there are indications that impairment may exist. Amortization expense for amortizing intangible assets was $0.3 million for both the six months ended June 30, 2016 and 2015. June 30, 2016 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Unamortized Amount Mortgage servicing rights $ 3,808 (2,329 ) 1,479 Core deposit intangible 574 (71 ) 503 Goodwill 802 0 802 Total $ 5,184 (2,400 ) 2,784 June 30, 2015 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Unamortized Amount Mortgage servicing rights $ 3,630 (2,179 ) 1,451 Total $ 3,630 (2,179 ) 1,451 The following table indicates the estimated future amortization expense for amortizing intangible assets: Mortgage Servicing Core Deposit Amortizing Intangible (Dollars in thousands) Rights Intangible Assets Year ending December 31, 2016 $ 228 50 278 2017 386 99 485 2018 299 99 398 2019 242 99 341 2020 155 99 254 Thereafter 169 57 226 Total $ 1,479 503 1,982 Projections of amortization are based on existing asset balances and the existing interest rate environment as of June 30, 2016. The Company's actual experiences may be significantly different depending upon changes in mortgage interest rates and other market conditions.

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	(11) 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 June 30, Six Months Ended June 30, (I n thousands, except per share data) 2016 2015 2016 2015 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,176 4,116 4,171 4,107 Net dilutive effect of: Restricted stock awards, options and warrants 556 558 535 566 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,732 4,674 4,706 4,673 Income available to common shareholders $ 1,478 585 3,252 938 Basic earnings per common share $ 0.35 0.14 0.78 0.23 Diluted earnings per common share $ 0.31 0.13 0.69 0.20

Note 12 - Regulatory Capital an

Note 12 - Regulatory Capital and Oversight	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	(12) Regulatory Capital and Oversight Effective January 1, 2015 the capital requirements of the Bank were changed to implement the regulatory requirements of the Basel III capital reforms. The Basel III requirements, among other things, (i) apply a strengthened set of capital requirements to the Bank (the Company is exempt, pursuant to the Small Bank Holding Company Policy Statement (Policy Statement) described below), including 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 rules made corresponding revisions to the prompt corrective action framework and include 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, the Bank must meet specific capital guidelines that involve quantitative measures of its 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. The Federal Reserve amended its Policy Statement, to exempt 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 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 in the regulations), Tier 1 capital to risk weighted assets (as defined in the regulations), and total capital to risk weighted assets. On June 30, 2016, the Bank’s average total assets were $653.0 million, its adjusted total assets were $648.8 million, and its risk-weighted assets were $569.4 million. The following table presents the Bank’s capital amounts and ratios at June 30, 2016 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 $ 78,391 Plus: Net unrealized loss on certain securities available for sale 32 Less: Goodwill and other intan2gibles 1,104 Disallowed servicing and tax assets 3,067 Common equity tier I capital 74,252 Common equity tier I capital ratio 13.04 % $ 25,624 4.50 % $ 48,628 8.54 % $ 37,013 6.50 % Tier I capital 74,252 Tier I capital leverage ratio 11.44 % $ 25,951 4.00 % $ 48,301 7.44 % $ 32,439 5.00 % Tier I risk-based capital ratio 13.04 % $ 34,166 6.00 % $ 40,086 7.04 % $ 45,555 8.00 % Plus: Allowable allowance for loan losses 7,174 Risk-based capital $ 81,426 Total risk-based capital ratio 14.30 % $ 45,555 8.00 % $ 35,871 6.30 % $ 56,943 10.00 % (1) Under the final rules, revised requirements will be phased in commencing January 1, 2015, as described above. (2) Based upon the Bank’s adjusted total assets for the purpose of the Tier I or core capital ratios and risk-weighted assets for the purpose of the risk-based capital ratios. Beginning in 2016, the Bank must maintain a capital conservation buffer composed of common equity tier 1 capital above its minimum risk-based capital requirements in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers. For 2016, the capital conservation buffer is 0.625%. The buffer amount will increase incrementally each year until 2019 when the entire 2.50% capital conservation buffer will be fully phased in. Management believes that, as of June 30, 2016, the Bank’s capital ratios were in excess of those quantitative capital ratio standards set forth under the current prompt corrective action regulations, including the capital conservation buffer described above. However, there can be no assurance that the Bank will continue to maintain such status in the future. The Office of the Comptroller of the Currency has extensive discretion in its supervisory and enforcement activities, and can adjust the requirement to be “well-capitalized” in the future.

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	(13) Stockholders’ Equity 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 U.S. Department of the Treasury (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 Treasury’s Capital Purchase Program under the Emergency Economic Stabilization Act of 2008. On February 17, 2015, the Company redeemed the final 10,000 shares of outstanding Preferred Stock. 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 were still outstanding as of June 30, 2016 and 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 effect on the Company’s capital, financial condition or results of operations.

Note 14 - Other Borrowings

Note 14 - Other Borrowings	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	(14) Other Borrowings On December 15, 2014, the Company entered into a Loan Agreement with an unrelated third party, providing for a term loan of up to $10.0 million that was evidenced by a promissory note (the Note) with an interest rate of 6.50% per annum. The principal balance of the loan is payable in consecutive equal annual installments of $1.0 million on each anniversary of the date of the Loan Agreement, commencing on December 15, 2015, with the balance due on December 15, 2021. Provided that no default or event of default has occurred and is continuing, the Company may, at its option, elect to defer payment of one installment of principal on the Note otherwise due prior to the maturity date, in which event such installment will become due and payable on the maturity date. The Company may voluntarily prepay the Note in whole or in part without penalty. The Company made the scheduled $1.0 million principal payment on December 15, 2015 and the outstanding loan balance was $9.0 million at June 30, 2016 and December 31, 2015.

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	(15) Commitments and Contingencies The Bank issues standby letters of credit which guarantee the performance of customers to third parties. The standby letters of credit issued and available at June 30, 2016 were approximately $3.0 million, expire over the next 32 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 16 - Business Segments

Note 16 - Business Segments	6 Months Ended
	Jun. 30, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	(16) Business Segments The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. HMN did not meet the quantitative thresholds for determining reportable segments and, therefore, is 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 or loss 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 six months ended June 30, 2016: Interest income - external customers $ 13,684 0 0 13,684 Non-interest income - external customers 3,857 0 0 3,857 Intersegment non-interest income 105 3,644 (3,749 ) 0 Interest expense 473 296 0 769 Other non-interest expense 11,461 368 (105 ) 11,724 Income tax expense 2,419 (272 ) 0 2,147 Net income 3,644 3,252 (3,644 ) 3,252 Total assets 652,352 82,368 (81,335 ) 653,385 At or for the six months ended June 30, 201 5 : Interest income - external customers $ 9,954 0 0 9,954 Non-interest income - external customers 3,461 0 0 3,461 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 102 1,311 (1,413 ) 0 Interest expense 476 242 (1 ) 717 Non-interest expense 11,054 279 (102 ) 11,231 Income tax expense 860 (256 ) 0 604 Net income 1,311 1,046 (1,311 ) 1,046 Total assets 562,957 77,331 (76,287 ) 564,001 At or for the quarter ended June 30, 201 6 : Interest income - external customers $ 7,159 0 0 7,159 Non-interest income - external customers 2,102 0 0 2,102 Intersegment non-interest income 52 1,675 (1,727 ) 0 Interest expense 247 148 0 395 Other non-interest expense 5,900 185 (52 ) 6,033 Income tax expense 1,110 (136 ) 0 974 Net income 1,675 1,478 (1,675 ) 1,478 Total assets 652,352 82,368 (81,335 ) 653,385 At or for the quarter ended June 30, 201 5 : Interest income - external customers $ 5,070 0 0 5,070 Non-interest income - external customers 1,867 0 0 1,867 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 51 720 (771 ) 0 Interest expense 227 165 (1 ) 391 Non-interest expense 5,751 100 (51 ) 5,800 Income tax expense 473 (129 ) 0 344 Net income 720 585 (720 ) 585 Total assets 562,957 77,331 (76,287 ) 564,001

Note 4 - Fair Value Measureme23

Note 4 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Carrying value at June 30, 2016 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 75,565 0 75,565 0 Mortgage loan commitments 196 0 196 0 Total $ 75,761 0 75,761 0 Carrying value at December 31, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 111,974 0 111,974 0 Mortgage loan commitments 36 0 36 0 Total $ 112,010 0 112,010 0
Fair Value Measurements, Nonrecurring [Table Text Block]	Carrying value at June 30, 2016 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three months ended June 30, 2016 Total Gains (Losses) Six months ended June 30, 2016 Total Gains (Losses) Loans held for sale $ 3,159 0 3,159 0 32 48 Mortgage servicing rights 1,479 0 1,479 0 0 0 Loans (1) 3,842 0 3,842 0 (116 ) (182 ) Real estate, net (2) 1,421 0 1,421 0 0 (253 ) Total $ 9,901 0 9,901 0 (84 ) (387 ) Carrying value at December 31, 2015 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year ended December 31, 2015 Total Gains (Losses) Loans held for sale $ 3,779 0 3,779 0 3 Mortgage servicing rights, net 1,499 0 1,499 0 0 Loans (1) 4,790 0 4,790 0 (373 ) Real estate, net (2) 2,045 0 2,045 0 (262 ) Total $ 12,113 0 12,113 0 (632 )

Note 5 - Fair Value of Financ24

Note 5 - Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2016 December 31, 2015 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 $ 18,880 18,880 18,880 39,782 39,782 39,782 Securities available for sale 75,565 75,565 75,565 111,974 111,974 111,974 Loans held for sale 3,159 3,159 3,159 3,779 3,779 3,779 Loans receivable, net 530,425 532,418 532,418 463,185 458,539 458,539 Federal Home Loan Bank stock 770 770 770 691 691 691 Accrued interest receivable 2,411 2,411 2,411 2,254 2,254 2,254 Financial liabilities: Deposits 563,060 562,933 562,933 559,387 558,731 558,731 Other borrowings 9,000 10,075 10,075 9,000 9,000 9,000 Accrued interest payable 233 233 233 242 242 242 Off-balance sheet financial Commitments to extend credit 196 196 221,019 36 36 165,949 Commitments to sell loans (119 ) (119 ) 12,071 (26 ) (26 ) 8,071

Note 6 - Other Comprehensive 25

Note 6 - Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	For the three months ended June 30, (Dollars in thousands) 2016 2015 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Gross unrealized gains (losses) arising during the period $ 64 26 38 (315 ) (126 ) (189 ) Less reclassification of net losses included in net income (9 ) (3 ) (6 ) 0 0 0 Net unrealized gains (losses) arising during the period 73 29 44 (315 ) (126 ) (189 ) Other comprehensive income (loss) $ 73 29 44 (315 ) (126 ) (189 ) For the six months ended June 30, (Dollars in thousands) 2016 2015 Securities available for sale: Before tax Tax effect Net of tax Before tax Tax effect Net of tax Gross unrealized gains arising during the period $ 294 118 176 340 134 206 Less reclassification of net losses included in net income (9 ) (3 ) (6 ) 0 0 0 Net unrealized gains arising during the period 303 121 182 340 134 206 Other comprehensive income $ 303 121 182 340 134 206

Note 7 - Securities Available26

Note 7 - Securities Available for Sale (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Unrealized Loss on Investments [Table Text Block]	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 June 30, 2016 Collateralized mortgage obligations: Federal National Mortgage Association (FNMA) 1 $ 254 (4 ) 0 $ 0 0 $ 254 (4 ) Other 2 23 (5 ) 0 0 0 23 (5 ) Other marketable securities: Municipal obligations 4 444 (2 ) 0 0 0 444 (2 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Total temporarily impaired securities 7 $ 721 (11 ) 1 $ 350 (350 ) $ 1,071 (361 ) 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 December 31, 2015 Collateralized mortgage obligations: FNMA 1 $ 346 (1 ) 0 $ 0 0 $ 346 (1 ) Other 2 34 (8 ) 0 0 0 34 (8 ) Other marketable securities: U.S. Government agency obligations 9 44,878 (129 ) 0 0 0 44,878 (129 ) Municipal obligations 12 2,010 (7 ) 0 0 0 2,010 (7 ) Corporate obligations 1 334 (6 ) 0 0 0 334 (6 ) Corporate preferred stock 0 0 0 1 350 (350 ) 350 (350 ) Total temporarily impaired securities 25 $ 47,602 (151 ) 1 $ 350 (350 ) $ 47,952 (501 )
Available-for-sale Securities [Table Text Block]	(Dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Fair value June 3 0 , 2016 Mortgage-backed securities: Federal Home Loan Mortgage Corporation (FHLMC) $ 509 19 0 528 Federal National Mortgage Association (FNMA) 491 11 0 502 Collateralized mortgage obligations: FNMA 578 14 (4 ) 588 Other 28 0 (5 ) 23 1,606 44 (9 ) 1,641 Other marketable securities: U.S. Government agency obligations 69,980 191 0 70,171 Municipal obligations 2,957 44 (2 ) 2,999 Corporate obligations 316 18 0 334 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 12 0 70 74,011 265 (352 ) 73,924 $ 75,617 309 (361 ) 75,565 (Dollars in thousands) Amortized cost Gross unrealized gains Gross unrealized losses Fair value December 31, 2015 Mortgage-backed securities: FHLMC $ 728 31 0 759 FNMA 725 22 0 747 Collateralized mortgage obligations: FNMA 742 2 (1 ) 743 Other 42 0 (8 ) 34 2,237 55 (9 ) 2,283 Other marketable securities: U.S. Government agency obligations 105,003 68 (129 ) 104,942 Municipal obligations 3,991 18 (7 ) 4,002 Corporate obligations 340 0 (6 ) 334 Corporate preferred stock 700 0 (350 ) 350 Corporate equity 58 5 0 63 110,092 91 (492 ) 109,691 $ 112,329 146 (501 ) 111,974
Contractual Obligation, Fiscal Year Maturity Schedule [Table Text Block]	(Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 55,647 55,814 Due after one year through five years 18,748 18,861 Due after five years through ten years 321 325 Due after ten years 843 495 No stated maturity 58 70 Total $ 75,617 75,565

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Summary of Loans Receivable [Table Text Block]	(Dollars in thousands) June 30, 2016 December 31, 2015 1-4 family $ 100,720 90,945 Commercial real estate: Real estate rental and leasing 158,439 125,376 Other 133,311 121,977 291,750 247,353 Consumer 74,462 64,415 Commercial business: Transportation industry 10,503 9,349 Other 63,030 60,757 73,533 70,106 Total loans 540,465 472,819 Less: Unamortized discounts 21 16 Net deferred loan costs (306 ) (91 ) Allowance for loan losses 10,325 9,709 Total loans receivable, net $ 530,425 463,185

Note 9 - Allowance for Loan L28

Note 9 - Allowance for Loan Losses and Credit Quality Information (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Allowance for Credit Losses on Financing Receivables [Table Text Block]	(Dollars in thousands) 1-4 Family Commercial Consumer Commercial Business Total For the three months ended June 30, 2016: Balance, March 31, 2016 $ 1,050 5,437 1,395 1,481 9,363 Provision for losses 220 (37 ) 132 66 381 Charge-offs 0 0 (8 ) (44 ) (52 ) Recoveries 0 427 12 194 633 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 For the six months ended June 30, 2016: Balance, December 31, 2015 $ 990 6,078 1,200 1,441 9,709 Provision for losses 280 (859 ) 315 (87 ) (351 ) Charge-offs 0 0 (15 ) (44 ) (59 ) Recoveries 0 608 31 387 1,026 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 Allocated to: Specific reserves $ 223 296 370 120 1,009 General reserves 767 5,782 830 1,321 8,700 Balance, December 31, 2015 $ 990 6,078 1,200 1,441 9,709 Allocated to: Specific reserves $ 308 197 378 67 950 General reserves 962 5,630 1,153 1,630 9,375 Balance, June 30, 2016 $ 1,270 5,827 1,531 1,697 10,325 Loans receivable at December 31, 2015: Individually reviewed for impairment $ 2,203 2,204 977 415 5,799 Collectively reviewed for impairment 88,742 245,149 63,438 69,691 467,020 Ending balance $ 90,945 247,353 64,415 70,106 472,819 Loans receivable at June 30, 2016: Individually reviewed for impairment $ 1,508 1,815 1,134 335 4,792 Collectively reviewed for impairment 99,212 289,935 73,328 73,198 535,673 Ending balance $ 100,720 291,750 74,462 73,533 540,465 (Dollars in thousands) 1-4 Family Commercial Real Estate Consumer Commercial Business Total For the three months ended June 30, 2015: Balance, March 31, 2015 $ 1,091 5,122 1,022 1,183 8,418 Provision for losses (81 ) 132 143 (377 ) (183 ) Charge-offs 0 (5 ) (9 ) 0 (14 ) Recoveries 1 29 6 145 181 Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402 For the six months ended June 30, 2015: Balance, December 31, 2014 $ 1,096 5,024 1,009 1,203 8,332 Provision for losses (87 ) 197 166 (459 ) (183 ) Charge-offs 0 (5 ) (27 ) 0 (32 ) Recoveries 2 62 14 207 285 Balance, June 30, 2015 $ 1,011 5,278 1,162 951 8,402
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2016 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 524 2,367 50 67 3,008 97,712 100,720 Commercial real estate: Real estate rental and leasing 0 7,189 0 0 7,189 151,250 158,439 Other 1,986 8,995 0 0 10,981 122,330 133,311 Consumer 0 816 50 269 1,135 73,327 74,462 Commercial business: Transportation industry 0 3,884 0 0 3,884 6,619 10,503 Other 2,412 1,385 0 0 3,797 59,233 63,030 $ 4,922 24,636 100 336 29,994 510,471 540,465 December 31, 2015 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans 1-4 family $ 189 2,889 55 0 3,133 87,812 90,945 Commercial real estate: Real estate rental and leasing 1,910 4,827 0 0 6,737 118,639 125,376 Other 917 9,473 0 0 10,390 111,587 121,977 Consumer 0 639 52 286 977 63,438 64,415 Commercial business: Transportation industry 4,082 18 0 0 4,100 5,249 9,349 Other 841 1,515 0 0 2,356 58,401 60,757 $ 7,939 19,361 107 286 27,693 445,126 472,819
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 June 30, 201 6 1-4 family $ 729 111 217 1,057 99,663 100,720 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 158,439 158,439 0 Other 0 73 272 345 132,966 133,311 0 Consumer 412 0 261 673 73,789 74,462 0 Commercial business: Transportation industry 0 0 0 0 10,503 10,503 0 Other 40 187 157 384 62,646 63,030 0 $ 1,181 371 907 2,459 538,006 540,465 0 December 31, 201 5 1-4 family $ 490 130 799 1,419 89,526 90,945 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 125,376 125,376 0 Other 0 289 0 289 121,688 121,977 0 Consumer Commercial business: 330 262 119 711 63,704 64,415 0 Transportation industry Other 0 0 0 0 9,349 9,349 0 45 0 0 45 60,712 60,757 0 $ 865 681 918 2,464 470,355 472,819 0
Impaired Financing Receivables [Table Text Block]	June 30, 2016 December 31, 2015 (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 $ 343 343 0 1,251 1,251 0 Commercial real estate: Real estate rental and leasing 42 160 0 44 184 0 Other 26 1,682 0 25 1,706 0 Consumer 589 590 0 475 476 0 Commercial business: Other 0 45 0 0 79 0 Loans with an allowance recorded: 1-4 family 1,165 1,165 308 952 952 223 Commercial real estate: Real estate rental and leasing 0 0 0 0 0 0 Other 1,747 1,747 197 2,135 2,135 296 Consumer 545 562 378 502 519 370 Commercial business: Other 335 887 67 415 967 120 Total: 1-4 family 1,508 1,508 308 2,203 2,203 223 Commercial real estate: Real estate rental and leasing 42 160 0 44 184 0 Other 1,773 3,429 197 2,160 3,841 296 Consumer 1,134 1,152 378 977 995 370 Commercial business: Other 335 932 67 415 1,046 120 $ 4,792 7,181 950 5,799 8,269 1,009 For the three months ended June 30, 2016 For the six months ended June 30, 2016 (Dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Loans with no related allowance recorded: 1-4 family $ 519 4 763 6 Commercial real estate: Real estate rental and leasing 43 2 43 3 Other 26 25 26 48 Consumer 546 2 522 4 Commercial business: Other 0 0 0 0 Loans with an allowance recorded: 1-4 family 1,122 3 1,065 8 Commercial real estate: Real estate rental and leasing 0 0 0 0 Other 2,002 7 2,046 15 Consumer 542 4 529 6 Commercial business: Other 366 4 382 7 Total: 1-4 family 1,641 7 1,828 14 Commercial real estate: Real estate rental and leasing 43 2 43 3 Other 2,028 32 2,072 63 Consumer 1,088 6 1,051 10 Commercial business: Other 366 4 382 7 $ 5,166 51 5,376 97 For the three months ended June 30, 2015 For the six months ended June 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 $ 857 3 823 30 Commercial real estate: Real estate rental and leasing 47 7 47 14 Other 7,099 96 7,205 191 Consumer 291 1 348 2 Commercial business: Other 32 1 47 1 Loans with an allowance recorded: 1-4 family 1,148 4 1,136 8 Commercial real estate: Real estate rental and leasing 0 0 5 0 Other 1,672 10 1,864 18 Consumer 443 9 410 13 Commercial business: Other 433 5 447 9 Total: 1-4 family 2,005 7 1,959 38 Commercial real estate: Real estate rental and leasing 47 7 52 14 Other 8,771 106 9,069 209 Consumer 734 10 758 15 Commercial business: Other 465 6 494 10 $ 12,022 136 12,332 286
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	(Dollars in thousands) June 30, 2016 December 31, 2015 1-4 family $ 1,173 $ 1,655 Commercial real estate: Real estate rental and leasing 42 44 Other 1,268 1,650 Consumer 967 786 Commercial business: Other 0 46 $ 3,450 $ 4,181
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	June 30, 2016 December 31, 2015 (Dollars in thousands) Accrual Non- Accrual Total Accrual Non- Accrual Total 1-4 family $ 336 65 401 547 100 647 Commercial real estate 504 208 712 511 214 725 Consumer 167 642 809 191 541 732 Commercial business 335 0 335 369 46 415 $ 1,342 915 2,257 1,618 901 2,519
Financial Effects of Troubled Debt Restructurings and Difference Between Outstanding Recorded Balance Pre Modification and Post Modification [Table Text Block]	Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (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 $ 65 65 1 $ 65 65 Consumer 5 35 35 11 142 143 Total 6 $ 100 100 12 $ 207 208 Three Months Ended June 30, 2015 Six Months Ended June 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 $ 313 313 1 $ 313 313 Consumer 6 302 304 7 311 312 Total 7 $ 615 617 8 $ 624 625
Troubled Debt Restructurings Subsequent Default [Table Text Block]	Three Months Ended June 30, 2016 Six Months Ended June 30, 2016 (Dollars in thousands) Number of Contracts Outstanding Recorded Investment Number of Contracts Pre modification Outstanding Recorded Investment Troubled debt restructurings that subsequently defaulted: Commercial real estate: Other 1 $ 183 1 $ 183 Commercial business: Other 1 44 1 44 Total 2 $ 227 2 $ 227
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	(Dollars in thousands) Contractual Principal Receivable Accretable Difference Net Carrying Amount Purchased performing loans: Balance at March 31, 2016 $ 15,940 (388 ) 15,552 Loans acquired during the period 11,772 (211 ) 11,561 Change due to payments/refinances (3,179 ) 78 (3,101 ) Balance at June 30, 2016 $ 24,533 (521 ) 24,012 (Dollars in thousands) Contractual Principal Receivable Non- Accretable Difference Net Carrying Amount Purchased credit impaired loans: Balance at March 31, 2016 $ 413 (62 ) 351 Loans acquired during the period 329 (37 ) 292 Change due to payments/refinances (5 ) 6 1 Balance at June 30, 2016 $ 737 (93 ) 644

Note 10 - Intangible Assets (Ta

Note 10 - Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Servicing Liability at Amortized Cost [Table Text Block]	(Dollars in thousands) Six Months ended June 30, 2016 Twelve Months ended December 31, 2015 Six Months ended June 30, 2015 Balance, beginning of period $ 1,499 1,507 1,507 Originations 258 547 219 Amortization (278 ) (555 ) (275 ) Balance, end of period $ 1,479 1,499 1,451 Fair value of mortgage servicing rights $ 2,552 2,590 2,608
Summary of Risk Characteristics of Loans Being Serviced [Table Text Block]	(Dollars in thousands) Loan Principal Balance Weighted Average Rate Weighted Average Remaining Term (months) Number of Loans Original term 30 year fixed rate $ 224,331 4.16 % 301 1,887 Original term 15 year fixed rate 106,833 3.19 138 1,166 Adjustable rate 58 2.75 299 2
Schedule of Finite-Lived Intangible Assets [Table Text Block]	June 30, 2016 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Unamortized Amount Mortgage servicing rights $ 3,808 (2,329 ) 1,479 Core deposit intangible 574 (71 ) 503 Goodwill 802 0 802 Total $ 5,184 (2,400 ) 2,784 June 30, 2015 (Dollars in thousands) Gross Carrying Amount Accumulated Amortization Unamortized Amount Mortgage servicing rights $ 3,630 (2,179 ) 1,451 Total $ 3,630 (2,179 ) 1,451
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Mortgage Servicing Core Deposit Amortizing Intangible (Dollars in thousands) Rights Intangible Assets Year ending December 31, 2016 $ 228 50 278 2017 386 99 485 2018 299 99 398 2019 242 99 341 2020 155 99 254 Thereafter 169 57 226 Total $ 1,479 503 1,982

Note 11 - Earnings Per Common30

Note 11 - Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, (I n thousands, except per share data) 2016 2015 2016 2015 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,176 4,116 4,171 4,107 Net dilutive effect of: Restricted stock awards, options and warrants 556 558 535 566 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,732 4,674 4,706 4,673 Income available to common shareholders $ 1,478 585 3,252 938 Basic earnings per common share $ 0.35 0.14 0.78 0.23 Diluted earnings per common share $ 0.31 0.13 0.69 0.20

Note 12 - Regulatory Capital 31

Note 12 - Regulatory Capital and Oversight (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
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 $ 78,391 Plus: Net unrealized loss on certain securities available for sale 32 Less: Goodwill and other intan2gibles 1,104 Disallowed servicing and tax assets 3,067 Common equity tier I capital 74,252 Common equity tier I capital ratio 13.04 % $ 25,624 4.50 % $ 48,628 8.54 % $ 37,013 6.50 % Tier I capital 74,252 Tier I capital leverage ratio 11.44 % $ 25,951 4.00 % $ 48,301 7.44 % $ 32,439 5.00 % Tier I risk-based capital ratio 13.04 % $ 34,166 6.00 % $ 40,086 7.04 % $ 45,555 8.00 % Plus: Allowable allowance for loan losses 7,174 Risk-based capital $ 81,426 Total risk-based capital ratio 14.30 % $ 45,555 8.00 % $ 35,871 6.30 % $ 56,943 10.00 %

Note 16 - Business Segments (Ta

Note 16 - Business Segments (Tables)	6 Months Ended
	Jun. 30, 2016
Notes Tables
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 six months ended June 30, 2016: Interest income - external customers $ 13,684 0 0 13,684 Non-interest income - external customers 3,857 0 0 3,857 Intersegment non-interest income 105 3,644 (3,749 ) 0 Interest expense 473 296 0 769 Other non-interest expense 11,461 368 (105 ) 11,724 Income tax expense 2,419 (272 ) 0 2,147 Net income 3,644 3,252 (3,644 ) 3,252 Total assets 652,352 82,368 (81,335 ) 653,385 At or for the six months ended June 30, 201 5 : Interest income - external customers $ 9,954 0 0 9,954 Non-interest income - external customers 3,461 0 0 3,461 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 102 1,311 (1,413 ) 0 Interest expense 476 242 (1 ) 717 Non-interest expense 11,054 279 (102 ) 11,231 Income tax expense 860 (256 ) 0 604 Net income 1,311 1,046 (1,311 ) 1,046 Total assets 562,957 77,331 (76,287 ) 564,001 At or for the quarter ended June 30, 201 6 : Interest income - external customers $ 7,159 0 0 7,159 Non-interest income - external customers 2,102 0 0 2,102 Intersegment non-interest income 52 1,675 (1,727 ) 0 Interest expense 247 148 0 395 Other non-interest expense 5,900 185 (52 ) 6,033 Income tax expense 1,110 (136 ) 0 974 Net income 1,675 1,478 (1,675 ) 1,478 Total assets 652,352 82,368 (81,335 ) 653,385 At or for the quarter ended June 30, 201 5 : Interest income - external customers $ 5,070 0 0 5,070 Non-interest income - external customers 1,867 0 0 1,867 Intersegment interest income 0 1 (1 ) 0 Intersegment non-interest income 51 720 (771 ) 0 Interest expense 227 165 (1 ) 391 Non-interest expense 5,751 100 (51 ) 5,800 Income tax expense 473 (129 ) 0 344 Net income 720 585 (720 ) 585 Total assets 562,957 77,331 (76,287 ) 564,001

Note 1 - HMN Financial, Inc. (D

Note 1 - HMN Financial, Inc. (Details Textual)	6 Months Ended
	Jun. 30, 2016
Percentage Of Ownership In Subsidiaries	100.00%
Number Of Wholly Owned Subsidiaries	2

Note 4 - Fair Value Measureme34

Note 4 - Fair Value Measurements (Details Textual) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fully Charged Off [Member]
Loans and Leases Receivable, Net Amount	$ 0
Loans and Leases Receivable, Net Amount	$ 530,425,000	$ 463,185,000

Note 4 - Fair Value Measureme35

Note 4 - Fair Value Measurements - Fair Value, Assets and Liabilities Measured on Recurring basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total	$ 0	$ 0
Mortgage loan commitments	0	0
Total	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total	75,565,000	111,974,000
Mortgage loan commitments	196,000	36,000
Total	75,761,000	112,010,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total	0	0
Mortgage loan commitments	0	0
Total	0	0
Fair Value, Measurements, Recurring [Member]
Total	75,565,000	111,974,000
Mortgage loan commitments	196,000	36,000
Total	75,761,000	112,010,000
Total	$ 75,565,000	$ 111,974,000

Note 4 - Fair Value Measureme36

Note 4 - Fair Value Measurements - Assets Measured at Fair Value on Nonrecurring Basis (Details) - USD ($)		3 Months Ended	6 Months Ended	12 Months Ended
		Jun. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Loans Held for Sale [Member] | Fair Value, Inputs, Level 1 [Member]
Asset fair value		$ 0	$ 0	$ 0
Loans Held for Sale [Member] | Fair Value, Inputs, Level 2 [Member]
Asset fair value		3,159,000	3,159,000	3,779,000
Loans Held for Sale [Member] | Fair Value, Inputs, Level 3 [Member]
Asset fair value		0	0	0
Loans Held for Sale [Member]
Asset fair value		3,159,000	3,159,000	3,779,000
Fair value gain (loss)		32,000	48,000	3,000
Mortgage Servicing Rights [Member] | Fair Value, Inputs, Level 1 [Member]
Asset fair value		0	0	0
Mortgage Servicing Rights [Member] | Fair Value, Inputs, Level 2 [Member]
Asset fair value		1,479,000	1,479,000	1,499,000
Mortgage Servicing Rights [Member] | Fair Value, Inputs, Level 3 [Member]
Asset fair value		0	0	0
Mortgage Servicing Rights [Member]
Asset fair value		1,479,000	1,479,000	1,499,000
Fair value gain (loss)		0	0	0
Loans Receivable [Member] | Fair Value, Inputs, Level 1 [Member]
Asset fair value	[1]	0	0	0
Loans Receivable [Member] | Fair Value, Inputs, Level 2 [Member]
Asset fair value	[1]	3,842,000	3,842,000	4,790,000
Loans Receivable [Member] | Fair Value, Inputs, Level 3 [Member]
Asset fair value	[1]	0	0	0
Loans Receivable [Member]
Asset fair value	[1]	3,842,000	3,842,000	4,790,000
Fair value gain (loss)	[1]	(116,000)	(182,000)	(373,000)
Real Estate Net [Member] | Fair Value, Inputs, Level 1 [Member]
Asset fair value	[2]	0	0	0
Real Estate Net [Member] | Fair Value, Inputs, Level 2 [Member]
Asset fair value	[2]	1,421,000	1,421,000	2,045,000
Real Estate Net [Member] | Fair Value, Inputs, Level 3 [Member]
Asset fair value		0	0	0	[2]
Real Estate Net [Member]
Asset fair value	[2]	1,421,000	1,421,000	2,045,000
Fair value gain (loss)	[2]	0	(253,000)	(262,000)
Fair Value, Inputs, Level 1 [Member]
Asset fair value		0	0	0
Fair Value, Inputs, Level 2 [Member]
Asset fair value		9,901,000	9,901,000	12,113,000
Fair Value, Inputs, Level 3 [Member]
Asset fair value		0	0	0
Asset fair value		9,901,000	9,901,000	12,113,000
Fair value gain (loss)		$ (84,000)	$ (387,000)	$ (632,000)
[1]	Represents carrying value and related write-downs of 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 Financ37

Note 5 - Fair Value of Financial Instruments - Estimated Fair Value of Company's Financial Instruments (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Reported Value Measurement [Member]
Cash and cash equivalents	$ 18,880,000	$ 39,782,000
Total	75,565,000	111,974,000
Loans held for sale	3,159,000	3,779,000
Loans receivable, net	530,425,000	463,185,000
Federal Home Loan Bank stock	770,000	691,000
Accrued interest receivable	2,411,000	2,254,000
Deposits	563,060,000	559,387,000
Other borrowings	9,000,000	9,000,000
Accrued interest payable	233,000	242,000
Commitments to extend credit	196,000	36,000
Commitments to sell loans	(119,000)	(26,000)
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	18,880,000	39,782,000
Total
Loans held for sale
Loans receivable, net
Federal Home Loan Bank stock
Accrued interest receivable
Deposits
Other borrowings
Accrued interest payable
Commitments to extend credit
Commitments to sell loans
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents
Total	75,565,000	111,974,000
Loans held for sale	3,159,000	3,779,000
Loans receivable, net	532,418,000	458,539,000
Federal Home Loan Bank stock	770,000	691,000
Accrued interest receivable	2,411,000	2,254,000
Deposits	562,933,000	558,731,000
Other borrowings	10,075,000	9,000,000
Accrued interest payable	233,000	242,000
Commitments to extend credit
Commitments to sell loans
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents
Total
Loans held for sale
Loans receivable, net
Federal Home Loan Bank stock
Accrued interest receivable
Deposits
Other borrowings
Accrued interest payable
Commitments to extend credit
Commitments to sell loans
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	18,880,000	39,782,000
Total	75,565,000	111,974,000
Loans held for sale	3,159,000	3,779,000
Loans receivable, net	532,418,000	458,539,000
Federal Home Loan Bank stock	770,000	691,000
Accrued interest receivable	2,411,000	2,254,000
Deposits	562,933,000	558,731,000
Other borrowings	10,075,000	9,000,000
Accrued interest payable	233,000	242,000
Commitments to extend credit	196,000	36,000
Commitments to sell loans	(119,000)	(26,000)
Contract Amount [Member]
Cash and cash equivalents
Total
Loans held for sale
Loans receivable, net
Federal Home Loan Bank stock
Accrued interest receivable
Deposits
Other borrowings
Accrued interest payable
Commitments to extend credit	221,019,000	165,949,000
Commitments to sell loans	12,071,000	8,071,000
Total	$ 75,565,000	$ 111,974,000

Note 6 - Other Comprehensive 38

Note 6 - Other Comprehensive Income - Components of Other Comprehensive Income (Loss) and Related Tax Effects (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Gross unrealized gains (losses) arising during the period	$ 64,000	$ (315,000)	$ 294,000	$ 340,000
Gross unrealized gains (losses) arising during the period	26,000	(126,000)	118,000	134,000
Gross unrealized gains (losses) arising during the period	38,000	(189,000)	176,000	206,000
Less reclassification of net losses included in net income	(9,000)	0	(9,000)	0
Less reclassification of net losses included in net income	(3,000)	0	(3,000)	0
Less reclassification of net losses included in net income	(6,000)	0	(6,000)	0
Net unrealized gains (losses) arising during the period	73,000	(315,000)	303,000	340,000
Net unrealized gains (losses) arising during the period	29,000	(126,000)	121,000	134,000
Net unrealized gains (losses) arising during the period	44,000	(189,000)	182,000	206,000
Other comprehensive income (loss)	73,000	(315,000)	303,000	340,000
Other comprehensive income (loss)	29,000	(126,000)	121,000	134,000
Other comprehensive income (loss)	$ 44,000	$ (189,000)	$ 182,000	$ 206,000

Note 7 - Securities Available39

Note 7 - Securities Available for Sale (Details Textual)	6 Months Ended
	Jun. 30, 2016
Defer Interest Payments Number Of Period	5 years

Note 7 - Securities Available40

Note 7 - Securities Available for Sale - Securities in a Continuous Unrealized Loss Position (Details)	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Number of investments, less than twelve months	1	1
Fair value, less than twelve months	$ 254,000	$ 346,000
Unrealized losses, less than twelve months	$ (4,000)	$ (1,000)
Number of investments, twelve months or more	0	0
Fair value, twelve months or more	$ 0	$ 0
Unrealized losses, twelve months or more	0	0
Fair Value	254,000	346,000
Unrealized Losses	$ (4,000)	$ (1,000)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Other Long-term Investments [Member]
Number of investments, less than twelve months	2	2
Fair value, less than twelve months	$ 23,000	$ 34,000
Unrealized losses, less than twelve months	$ (5,000)	$ (8,000)
Number of investments, twelve months or more	0	0
Fair value, twelve months or more	$ 0	$ 0
Unrealized losses, twelve months or more	0	0
Fair Value	23,000	34,000
Unrealized Losses	$ (5,000)	$ (8,000)
Other Marketable Securities [Member] | US States and Political Subdivisions Debt Securities [Member]
Number of investments, less than twelve months	4	12
Fair value, less than twelve months	$ 444,000	$ 2,010,000
Unrealized losses, less than twelve months	$ (2,000)	$ (7,000)
Number of investments, twelve months or more	0	0
Fair value, twelve months or more	$ 0	$ 0
Unrealized losses, twelve months or more	0	0
Fair Value	444,000	2,010,000
Unrealized Losses	$ (2,000)	$ (7,000)
Other Marketable Securities [Member] | US Government Agencies Debt Securities [Member]
Number of investments, less than twelve months		9
Fair value, less than twelve months		$ 44,878,000
Unrealized losses, less than twelve months		$ (129,000)
Number of investments, twelve months or more		0
Fair value, twelve months or more		$ 0
Unrealized losses, twelve months or more		0
Fair Value		44,878,000
Unrealized Losses		$ (129,000)
Other Marketable Securities [Member] | Preferred Stock [Member]
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	$ 350,000	$ 350,000
Unrealized losses, twelve months or more	(350,000)	(350,000)
Fair Value	350,000	350,000
Unrealized Losses	$ (350,000)	$ (350,000)
Other Marketable Securities [Member] | Corporate Debt Securities [Member]
Number of investments, less than twelve months		1
Fair value, less than twelve months		$ 334,000
Unrealized losses, less than twelve months		$ (6,000)
Number of investments, twelve months or more		0
Fair value, twelve months or more		$ 0
Unrealized losses, twelve months or more		0
Fair Value		334,000
Unrealized Losses		$ (6,000)
Number of investments, less than twelve months	7	25
Fair value, less than twelve months	$ 721,000	$ 47,602,000
Unrealized losses, less than twelve months	$ (11,000)	$ (151,000)
Number of investments, twelve months or more	1	1
Fair value, twelve months or more	$ 350,000	$ 350,000
Unrealized losses, twelve months or more	(350,000)	(350,000)
Fair Value	1,071,000	47,952,000
Unrealized Losses	$ (361,000)	$ (501,000)

Note 7 - Securities Available41

Note 7 - Securities Available for Sale - Summary of Securities Available for Sale (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Total	$ 509,000	$ 728,000
Gross unrealized gains	19,000	31,000
Gross unrealized losses	0	0
Total	528,000	759,000
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Total		725,000
Gross unrealized gains	11,000	22,000
Gross unrealized losses	0	0
Total	502,000	747,000
Collateralized Mortgage Backed Securities [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Total	491,000
Collateralized Mortgage Backed Securities [Member]
Total	1,606,000	2,237,000
Gross unrealized gains	44,000	55,000
Gross unrealized losses	(9,000)	(9,000)
Total	1,641,000	2,283,000
Collateralized Mortgage Obligations [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Total	578,000	742,000
Gross unrealized gains	14,000	2,000
Gross unrealized losses	(4,000)	(1,000)
Total	588,000	743,000
Collateralized Mortgage Obligations [Member] | Other Long-term Investments [Member]
Total	28,000	42,000
Gross unrealized gains	0	0
Gross unrealized losses	(5,000)	(8,000)
Total	23,000	34,000
Other Marketable Securities [Member] | US Government Agencies Debt Securities [Member]
Total	69,980,000	105,003,000
Gross unrealized gains	191,000	68,000
Gross unrealized losses	0	(129,000)
Total	70,171,000	104,942,000
Other Marketable Securities [Member] | US States and Political Subdivisions Debt Securities [Member]
Total	2,957,000	3,991,000
Gross unrealized gains	44,000	18,000
Gross unrealized losses	(2,000)	(7,000)
Total	2,999,000	4,002,000
Other Marketable Securities [Member] | Corporate Debt Securities [Member]
Total	316,000	340,000
Gross unrealized gains	18,000	0
Gross unrealized losses	0	(6,000)
Total	334,000	334,000
Other Marketable Securities [Member] | Preferred Stock [Member]
Total	700,000	700,000
Gross unrealized gains	0	0
Gross unrealized losses	(350,000)	(350,000)
Total	350,000	350,000
Other Marketable Securities [Member] | Equity Securities [Member]
Total	58,000	58,000
Gross unrealized gains	12,000	5,000
Gross unrealized losses	0	0
Total	70,000	63,000
Other Marketable Securities [Member]
Total	74,011,000	110,092,000
Gross unrealized gains	265,000	91,000
Gross unrealized losses	(352,000)	(492,000)
Total	73,924,000	109,691,000
Total	75,617,000	112,329,000
Gross unrealized gains	309,000	146,000
Gross unrealized losses	(361,000)	(501,000)
Total	$ 75,565,000	$ 111,974,000

Note 7 - Securities Available42

Note 7 - Securities Available for Sale - Securities by Contractual Maturity (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Due less than one year	$ 55,647,000
Due less than one year	55,814,000
Due after one year through five years	18,748,000
Due after one year through five years	18,861,000
Due after five years through ten years	321,000
Due after five years through ten years	325,000
Due after ten years	843,000
Due after ten years	495,000
No stated maturity	58,000
No stated maturity	70,000
Total	75,617,000	$ 112,329,000
Total	$ 75,565,000	$ 111,974,000

Note 8 - Loans Receivable, Ne43

Note 8 - Loans Receivable, Net - Loans Receivable (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	$ 100,720,000		$ 90,945,000
Loans and Leases Receivable, Allowance	1,270,000	$ 1,050,000	990,000	$ 1,011,000	$ 1,091,000	$ 1,096,000
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	158,439,000		125,376,000
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	133,311,000		121,977,000
Commercial Real Estate Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	291,750,000		247,353,000
Loans and Leases Receivable, Allowance	5,827,000	5,437,000	6,078,000	5,278,000	5,122,000	5,024,000
Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	74,462,000		64,415,000
Loans and Leases Receivable, Allowance	1,531,000	1,395,000	1,200,000	1,162,000	1,022,000	1,009,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	158,439,000		125,376,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	133,311,000		121,977,000
Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	10,503,000		9,349,000
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	63,030,000		60,757,000
Commercial Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	73,533,000		70,106,000
Loans and Leases Receivable, Allowance	1,697,000	1,481,000	1,441,000	951,000	1,183,000	1,203,000
Loans and leases receivable, gross carrying amount	540,465,000		472,819,000
Unamortized discounts	21,000		16,000
Net deferred loan costs	(306,000)		(91,000)
Loans and Leases Receivable, Allowance	10,325,000	$ 9,363,000	9,709,000	$ 8,402,000	$ 8,418,000	$ 8,332,000
Total loans receivable, net	$ 530,425,000		$ 463,185,000

Note 9 - Allowance for Loan L44

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Nonperforming Financial Instruments [Member] | Classified [Member]
Financing Receivable, Modifications, Recorded Investment	$ 100,000	$ 100,000	$ 100,000	$ 100,000
Nonperforming Financial Instruments [Member]
Impaired Financing Receivable, Related Allowance	800,000		800,000			$ 700,000
Financing Receivable, Modifications, Recorded Investment	915,000		915,000			901,000
Performing Financial Instruments [Member] | Classified [Member]
Financing Receivable, Modifications, Recorded Investment		500,000		500,000
Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	1,342,000		1,342,000			1,618,000
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	3,450,000		3,450,000			4,181,000
Impaired Financing Receivable, Related Allowance	950,000		950,000			1,009,000
Loan Receivable For Which Value Of Collateral Sufficient To Repay	800,000		800,000			1,400,000
Financing Receivable, Modifications, Recorded Investment	2,257,000		2,257,000			2,519,000
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 900,000		$ 900,000			1,500,000
Loan to Value Ration	75.00%		75.00%
Allowance for Credit Losses, Change in Method of Calculating Impairment	$ 500,000		$ 500,000			$ 500,000
Percentage Reserves For Loan Losses On Troubled Debt Restructurings	4.50%		4.50%			5.20%
Loans and Leases Receivable, Allowance	$ 10,325,000	$ 8,402,000	$ 10,325,000	$ 8,402,000	$ 9,363,000	$ 9,709,000	$ 8,418,000	$ 8,332,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	$ 600,000		$ 600,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	2	0	2	0
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Provision for Loan Losses			$ 0

Note 9 - Allowance for Loan L45

Note 9 - Allowance for Loan Losses and Credit Quality Information - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
One to Four Family Porfolio Segment [Member]
Balance, March 31, 2016	$ 1,050,000	$ 1,091,000	$ 990,000	$ 1,096,000
Provision for loan losses	220,000	(81,000)	280,000	(87,000)
Charge-offs	0	0	0	0
Recoveries	0	1,000	0	2,000
Balance, June 30, 2016	1,270,000	1,011,000	1,270,000	1,011,000
Specific reserves					$ 308,000	$ 223,000
General reserves					962,000	767,000
Loans and Leases Receivable, Allowance	1,050,000	1,091,000	1,270,000	1,011,000	1,270,000	990,000
Individually reviewed for impairment					1,508,000	2,203,000
Collectively reviewed for impairment					99,212,000	88,742,000
Loans and leases receivable, gross carrying amount					100,720,000	90,945,000
Commercial Real Estate Portfolio Segment [Member]
Balance, March 31, 2016	5,437,000	5,122,000	6,078,000	5,024,000
Provision for loan losses	(37,000)	132,000	(859,000)	197,000
Charge-offs	0	(5,000)	0	(5,000)
Recoveries	427,000	29,000	608,000	62,000
Balance, June 30, 2016	5,827,000	5,278,000	5,827,000	5,278,000
Specific reserves					197,000	296,000
General reserves					5,630,000	5,782,000
Loans and Leases Receivable, Allowance	5,437,000	5,122,000	5,827,000	5,278,000	5,827,000	6,078,000
Individually reviewed for impairment					1,815,000	2,204,000
Collectively reviewed for impairment					289,935,000	245,149,000
Loans and leases receivable, gross carrying amount					291,750,000	247,353,000
Consumer Portfolio Segment [Member]
Balance, March 31, 2016	1,395,000	1,022,000	1,200,000	1,009,000
Provision for loan losses	132,000	143,000	315,000	166,000
Charge-offs	(8,000)	(9,000)	(15,000)	(27,000)
Recoveries	12,000	6,000	31,000	14,000
Balance, June 30, 2016	1,531,000	1,162,000	1,531,000	1,162,000
Specific reserves					378,000	370,000
General reserves					1,153,000	830,000
Loans and Leases Receivable, Allowance	1,395,000	1,022,000	1,531,000	1,162,000	1,531,000	1,200,000
Individually reviewed for impairment					1,134,000	977,000
Collectively reviewed for impairment					73,328,000	63,438,000
Loans and leases receivable, gross carrying amount					74,462,000	64,415,000
Commercial Portfolio Segment [Member]
Balance, March 31, 2016	1,481,000	1,183,000	1,441,000	1,203,000
Provision for loan losses	66,000	(377,000)	(87,000)	(459,000)
Charge-offs	(44,000)	0	(44,000)	0
Recoveries	194,000	145,000	387,000	207,000
Balance, June 30, 2016	1,697,000	951,000	1,697,000	951,000
Specific reserves					67,000	120,000
General reserves					1,630,000	1,321,000
Loans and Leases Receivable, Allowance	1,481,000	1,183,000	1,697,000	951,000	1,697,000	1,441,000
Individually reviewed for impairment					335,000	415,000
Collectively reviewed for impairment					73,198,000	69,691,000
Loans and leases receivable, gross carrying amount					73,533,000	70,106,000
Balance, March 31, 2016	9,363,000	8,418,000	9,709,000	8,332,000
Provision for loan losses	381,000	(183,000)	(351,000)	(183,000)
Charge-offs	(52,000)	(14,000)	(59,000)	(32,000)
Recoveries	633,000	181,000	1,026,000	285,000
Balance, June 30, 2016	10,325,000	8,402,000	10,325,000	8,402,000
Specific reserves					950,000	1,009,000
General reserves					9,375,000	8,700,000
Loans and Leases Receivable, Allowance	$ 10,325,000	$ 8,418,000	$ 10,325,000	$ 8,402,000	10,325,000	9,709,000
Individually reviewed for impairment					4,792,000	5,799,000
Collectively reviewed for impairment					535,673,000	467,020,000
Loans and leases receivable, gross carrying amount					$ 540,465,000	$ 472,819,000

Note 9 - Allowance for Loan L46

Note 9 - Allowance for Loan Losses and Credit Quality Information - Classified and Unclassified Loans (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Classified [Member] | Special Mention [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	$ 524,000	$ 189,000
Classified [Member] | Special Mention [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	2,412,000	841,000
Classified [Member] | Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	1,986,000	917,000
Classified [Member] | Special Mention [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Special Mention [Member]
Loans and leases receivable, gross carrying amount	4,922,000	7,939,000
Classified [Member] | Substandard [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	2,367,000	2,889,000
Classified [Member] | Substandard [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	7,189,000	4,827,000
Classified [Member] | Substandard [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	3,884,000	18,000
Classified [Member] | Substandard [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	1,385,000	1,515,000
Classified [Member] | Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	8,995,000	9,473,000
Classified [Member] | Substandard [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	816,000	639,000
Classified [Member] | Substandard [Member]
Loans and leases receivable, gross carrying amount	24,636,000	19,361,000
Classified [Member] | Doubtful [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	50,000	55,000
Classified [Member] | Doubtful [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Doubtful [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Doubtful [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Doubtful [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	50,000	52,000
Classified [Member] | Doubtful [Member]
Loans and leases receivable, gross carrying amount	100,000	107,000
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	67,000	0
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	0	0
Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	269,000	286,000
Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans and leases receivable, gross carrying amount	336,000	286,000
Classified [Member] | Internal Investment Grade [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	0	1,910,000
Classified [Member] | Internal Investment Grade [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	0	4,082,000
Classified [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	3,008,000	3,133,000
Classified [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	7,189,000	6,737,000
Classified [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	3,884,000	4,100,000
Classified [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	3,797,000	2,356,000
Classified [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	10,981,000	10,390,000
Classified [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	1,135,000	977,000
Classified [Member]
Loans and leases receivable, gross carrying amount	29,994,000	27,693,000
Unclassified [Member] | One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	97,712,000	87,812,000
Unclassified [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	151,250,000	118,639,000
Unclassified [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	6,619,000	5,249,000
Unclassified [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	59,233,000	58,401,000
Unclassified [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	122,330,000	111,587,000
Unclassified [Member] | Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	73,327,000	63,438,000
Unclassified [Member]
Loans and leases receivable, gross carrying amount	510,471,000	445,126,000
One to Four Family Porfolio Segment [Member]
Loans and leases receivable, gross carrying amount	100,720,000	90,945,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	158,439,000	125,376,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	133,311,000	121,977,000
Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans and leases receivable, gross carrying amount	10,503,000	9,349,000
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and leases receivable, gross carrying amount	63,030,000	60,757,000
Commercial Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	73,533,000	70,106,000
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and leases receivable, gross carrying amount	158,439,000	125,376,000
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and leases receivable, gross carrying amount	133,311,000	121,977,000
Commercial Real Estate Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	291,750,000	247,353,000
Consumer Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	74,462,000	64,415,000
Loans and leases receivable, gross carrying amount	$ 540,465,000	$ 472,819,000

Note 9 - Allowance for Loan L47

Note 9 - Allowance for Loan Losses and Credit Quality Information - Aging of Past Due Loans (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Financing Receivables, 30 to 59 Days Past Due [Member] | One to Four Family Porfolio Segment [Member]
Loans past due	$ 729,000	$ 490,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans past due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans past due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans past due	0	0
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans past due	40,000	45,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans past due	412,000	330,000
Financing Receivables, 30 to 59 Days Past Due [Member]
Loans past due	1,181,000	865,000
Financing Receivables, 60 to 89 Days Past Due [Member] | One to Four Family Porfolio Segment [Member]
Loans past due	111,000	130,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans past due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans past due	73,000	289,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans past due	0	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans past due	187,000	0
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans past due	0	262,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Loans past due	371,000	681,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One to Four Family Porfolio Segment [Member]
Loans past due	217,000	799,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans past due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans past due	272,000	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans past due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans past due	157,000	0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans past due	261,000	119,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Loans past due	907,000	918,000
One to Four Family Porfolio Segment [Member]
Loans past due	1,057,000	1,419,000
Current Loans	99,663,000	89,526,000
Loans and leases receivable, gross carrying amount	100,720,000	90,945,000
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans past due	0	0
Current Loans	158,439,000	125,376,000
Loans and leases receivable, gross carrying amount	158,439,000	125,376,000
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans past due	345,000	289,000
Current Loans	132,966,000	121,688,000
Loans and leases receivable, gross carrying amount	133,311,000	121,977,000
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Transportation Industry Loans [Member]
Loans past due	0	0
Current Loans	10,503,000	9,349,000
Loans and leases receivable, gross carrying amount	10,503,000	9,349,000
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans past due	384,000	45,000
Current Loans	62,646,000	60,712,000
Loans and leases receivable, gross carrying amount	63,030,000	60,757,000
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member]
Loans and leases receivable, gross carrying amount	73,533,000	70,106,000
Consumer Portfolio Segment [Member]
Loans past due	673,000	711,000
Current Loans	73,789,000	63,704,000
Loans and leases receivable, gross carrying amount	74,462,000	64,415,000
Loans 90 days or more past due and still accruing	0	0
Loans past due	2,459,000	2,464,000
Current Loans	538,006,000	470,355,000
Loans and leases receivable, gross carrying amount	540,465,000	472,819,000
Loans 90 days or more past due and still accruing	$ 0	$ 0

Note 9 - Allowance for Loan L48

Note 9 - Allowance for Loan Losses and Credit Quality Information - Impaired Loans and Related Allowances (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
One to Four Family Porfolio Segment [Member]
Recorded investment, with no related allowance	$ 343,000		$ 343,000		$ 1,251,000
Unpaid principal balance, with no related allowance	343,000		343,000		1,251,000
Recorded investment, with related allowance	1,165,000		1,165,000		952,000
Unpaid principal balance, with related allowance	1,165,000		1,165,000		952,000
Impaired Financing Receivable, Related Allowance	308,000		308,000		223,000
Recorded investment	1,508,000		1,508,000		2,203,000
Unpaid principal balance	1,508,000		1,508,000		2,203,000
Average recorded investment, with no related allowance	519,000	$ 857,000	763,000	$ 823,000
Interest income recognized, with no related allowance	4,000	3,000	6,000	30,000
Average recorded investment, with related allowance	1,122,000	1,148,000	1,065,000	1,136,000
Interest income recognized, with related allowance	3,000	4,000	8,000	8,000
Average recorded investment	1,641,000	2,005,000	1,828,000	1,959,000
Interest income recognized	7,000	7,000	14,000	38,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Recorded investment, with no related allowance	42,000		42,000		44,000
Unpaid principal balance, with no related allowance	160,000		160,000		184,000
Recorded investment, with related allowance	0		0		0
Unpaid principal balance, with related allowance	0		0		0
Impaired Financing Receivable, Related Allowance	0		0		0
Recorded investment	42,000		42,000		44,000
Unpaid principal balance	160,000		160,000		184,000
Average recorded investment, with no related allowance	43,000	47,000	43,000	47,000
Interest income recognized, with no related allowance	2,000	7,000	3,000	14,000
Average recorded investment, with related allowance	0	0	0	5,000
Interest income recognized, with related allowance	0	0	0	0
Average recorded investment	43,000	47,000	43,000	52,000
Interest income recognized	2,000	7,000	3,000	14,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Recorded investment, with no related allowance	26,000		26,000		25,000
Unpaid principal balance, with no related allowance	1,682,000		1,682,000		1,706,000
Recorded investment, with related allowance	1,747,000		1,747,000		2,135,000
Unpaid principal balance, with related allowance	1,747,000		1,747,000		2,135,000
Impaired Financing Receivable, Related Allowance	197,000		197,000		296,000
Recorded investment	1,773,000		1,773,000		2,160,000
Unpaid principal balance	3,429,000		3,429,000		3,841,000
Average recorded investment, with no related allowance	26,000	7,099,000	26,000	7,205,000
Interest income recognized, with no related allowance	25,000	96,000	48,000	191,000
Average recorded investment, with related allowance	2,002,000	1,672,000	2,046,000	1,864,000
Interest income recognized, with related allowance	7,000	10,000	15,000	18,000
Average recorded investment	2,028,000	8,771,000	2,072,000	9,069,000
Interest income recognized	32,000	106,000	63,000	209,000
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Recorded investment, with no related allowance	0		0		0
Unpaid principal balance, with no related allowance	45,000		45,000		79,000
Recorded investment, with related allowance	335,000		335,000		415,000
Unpaid principal balance, with related allowance	887,000		887,000		967,000
Impaired Financing Receivable, Related Allowance	67,000		67,000		120,000
Recorded investment	335,000		335,000		415,000
Unpaid principal balance	932,000		932,000		1,046,000
Average recorded investment, with no related allowance	0	32,000	0	47,000
Interest income recognized, with no related allowance	0	1,000	0	1,000
Average recorded investment, with related allowance	366,000	433,000	382,000	447,000
Interest income recognized, with related allowance	4,000	5,000	7,000	9,000
Average recorded investment	366,000	465,000	382,000	494,000
Interest income recognized	4,000	6,000	7,000	10,000
Commercial Portfolio Segment [Member]
Impaired Financing Receivable, Related Allowance	67,000		67,000		120,000
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance	589,000		589,000		475,000
Unpaid principal balance, with no related allowance	590,000		590,000		476,000
Recorded investment, with related allowance	545,000		545,000		502,000
Unpaid principal balance, with related allowance	562,000		562,000		519,000
Impaired Financing Receivable, Related Allowance	378,000		378,000		370,000
Recorded investment	1,134,000		1,134,000		977,000
Unpaid principal balance	1,152,000		1,152,000		995,000
Average recorded investment, with no related allowance	546,000	291,000	522,000	348,000
Interest income recognized, with no related allowance	2,000	1,000	4,000	2,000
Average recorded investment, with related allowance	542,000	443,000	529,000	410,000
Interest income recognized, with related allowance	4,000	9,000	6,000	13,000
Average recorded investment	1,088,000	734,000	1,051,000	758,000
Interest income recognized	6,000	10,000	10,000	15,000
Impaired Financing Receivable, Related Allowance	950,000		950,000		1,009,000
Recorded investment	4,792,000		4,792,000		5,799,000
Unpaid principal balance	7,181,000		7,181,000		$ 8,269,000
Average recorded investment	5,166,000	12,022,000	5,376,000	12,332,000
Interest income recognized	$ 51,000	$ 136,000	$ 97,000	$ 286,000

Note 9 - Allowance for Loan L49

Note 9 - Allowance for Loan Losses and Credit Quality Information - Non-Accrual Loans (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
One to Four Family Porfolio Segment [Member]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 1,173,000	$ 1,655,000
Commercial Portfolio Segment [Member] | Real Estate Loan [Member]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	42,000	44,000
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	1,268,000	1,650,000
Commercial Portfolio Segment [Member] | Commercial Business Other [Member]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	0	46,000
Consumer Portfolio Segment [Member]
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	967,000	786,000
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 3,450,000	$ 4,181,000

Note 9 - Allowance for Loan L50

Note 9 - Allowance for Loan Losses and Credit Quality Information - Trouble Debt Restructuring (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
One to Four Family Porfolio Segment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	$ 336,000	$ 547,000
One to Four Family Porfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	65,000	100,000
One to Four Family Porfolio Segment [Member]
Financing Receivable, Modifications, Recorded Investment	401,000	647,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	504,000	511,000
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	208,000	214,000
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications, Recorded Investment	712,000	725,000
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	167,000	191,000
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	642,000	541,000
Consumer Portfolio Segment [Member]
Financing Receivable, Modifications, Recorded Investment	809,000	732,000
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	335,000	369,000
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	0	46,000
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications, Recorded Investment	335,000	415,000
Performing Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	1,342,000	1,618,000
Nonperforming Financial Instruments [Member]
Financing Receivable, Modifications, Recorded Investment	915,000	901,000
Financing Receivable, Modifications, Recorded Investment	$ 2,257,000	$ 2,519,000

Note 9 - Allowance for Loan L51

Note 9 - Allowance for Loan Losses and Credit Quality Information - Financial Effects of Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
One to Four Family Porfolio Segment [Member]
Number of Contracts	1	1	1	1
Pre- modification Outstanding Recorded Investment	$ 65	$ 313	$ 65	$ 313
Post- modification Outstanding Recorded Investment	$ 65	$ 313	$ 65	$ 313
Consumer Portfolio Segment [Member]
Number of Contracts	5	6	11	7
Pre- modification Outstanding Recorded Investment	$ 35	$ 302	$ 142	$ 311
Post- modification Outstanding Recorded Investment	$ 35	$ 304	$ 143	$ 312
Number of Contracts	6	7	12	8
Pre- modification Outstanding Recorded Investment	$ 100	$ 615	$ 207	$ 624
Post- modification Outstanding Recorded Investment	$ 100	$ 617	$ 208	$ 625

Note 9 - Allowance for Loan L52

Note 9 - Allowance for Loan Losses and Credit Quality Information - Troubled Debt Restructurings that Subsequently Defaulted (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015	Jun. 30, 2016USD ($)	Jun. 30, 2015
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Number of Contracts that subsequently defaulted	1		1
Outstanding Recorded Investment	$ 183		$ 183
Commercial Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Number of Contracts that subsequently defaulted	1		1
Outstanding Recorded Investment	$ 44		$ 44
Number of Contracts that subsequently defaulted	2	0	2	0
Outstanding Recorded Investment	$ 227		$ 227

Note 9 - Allowance for Loan L53

Note 9 - Allowance for Loan Losses and Credit Quality Information - Purchased Loans Acquired Through Acquisition (Details) - USD ($)	3 Months Ended
	Jun. 30, 2016	Mar. 31, 2016
Purchased Performing Loans [Member]
Balance at March 31, 2016	$ 15,940,000
Balance at March 31, 2016	(211,000)	$ (388,000)
Balance at March 31, 2016	15,552,000
Loans acquired during the period	11,772,000
Loans acquired during the period	11,561,000
Change due to payments/refinances	3,179,000
Change due to payments/refinances	78,000
Change due to payments/refinances	3,101,000
Balance at June 30, 2016	24,533,000
Balance at June 30, 2016	(521,000)
Balance at June 30, 2016	24,012,000
Purchased Credit Impaired Loans [Member]
Balance at March 31, 2016	413,000
Balance at March 31, 2016	351,000
Loans acquired during the period	329,000
Loans acquired during the period	292,000
Change due to payments/refinances	5,000
Change due to payments/refinances	(1,000)
Balance at June 30, 2016	737,000
Balance at June 30, 2016	644,000
Balance at March 31, 2016	(93,000)	$ (62,000)
Loans acquired during the period	(37,000)
Change due to payments/refinances	6,000
Balance at June 30, 2016	$ 600,000

Note 10 - Intangible Assets (De

Note 10 - Intangible Assets (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Amortization of Intangible Assets	$ 0.3	$ 0.3

Note 10 - Intangible Assets - M

Note 10 - Intangible Assets - Mortgage Servicing Activity (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Balance, beginning of period	$ 1,499	$ 1,507	$ 1,507
Originations	258	219	547
Amortization	(278)	(275)	(555)
Balance, end of period	1,479	1,451	1,499
Fair value of mortgage servicing rights	$ 2,552	$ 2,608	$ 2,590

Note 10 - Intangible Assets - R

Note 10 - Intangible Assets - Risk Characteristics of Loans Being Serviced (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Original Term Thirty Year Fixed Rate [Member]
Loan Principal Balance	$ 224,331
Weighted Average Interest Rate	4.16%
Weighted Average Remaining Term	25 years 30 days
Number of Loans	1,887
Original Term Fifteen Year Fixed Rate [Member]
Loan Principal Balance	$ 106,833
Weighted Average Interest Rate	3.19%
Weighted Average Remaining Term	11 years 180 days
Number of Loans	1,166
Adjustable Rate [Member]
Loan Principal Balance	$ 58
Weighted Average Interest Rate	2.75%
Weighted Average Remaining Term	24 years 330 days
Number of Loans	2

Note 10 - Intangible Assets - G

Note 10 - Intangible Assets - Gross Carrying Amount and Accumulated Amortization of Intangible Assets (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015
Mortgage Servicing Rights [Member]
Finite-lived intangible assets, gross carrying amount	$ 3,808,000		$ 3,630,000
Finite-lived intangible assets, accumulated amortization	(2,329,000)		(2,179,000)
Finite-lived intangible assets, unamortized intangible assets	1,479,000		1,451,000
Finite-lived intangible assets, accumulated amortization	(2,329,000)		(2,179,000)
Core Deposits [Member]
Finite-lived intangible assets, gross carrying amount	574,000
Finite-lived intangible assets, accumulated amortization	(71,000)
Finite-lived intangible assets, unamortized intangible assets	503,000
Finite-lived intangible assets, accumulated amortization	(71,000)
Finite-lived intangible assets, gross carrying amount			3,630,000
Finite-lived intangible assets, accumulated amortization	(2,400,000)		(2,179,000)
Finite-lived intangible assets, unamortized intangible assets	1,982,000		1,451,000
Goodwill	802,000
Goodwill	802,000	$ 0
Intangible assets (including goodwill), gross carrying amount	5,184,000
Intangible assets, unamortized intangible assets	2,784,000
Finite-lived intangible assets, accumulated amortization	$ (2,400,000)		$ (2,179,000)

Note 10 - Intangible Assets - E

Note 10 - Intangible Assets - Estimated Future Amortization Expense for Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Mortgage Servicing Rights [Member]
2,016	$ 228
2,017	386
2,018	299
2,019	242
2,020	155
Thereafter	169
Total	1,479	$ 1,451
Core Deposits [Member]
2,016	50
2,017	99
2,018	99
2,019	99
2,020	99
Thereafter	57
Total	503
2,016	278
2,017	485
2,018	398
2,019	341
2,020	254
Thereafter	226
Total	$ 1,982	$ 1,451

Note 11 - Earnings Per Common59

Note 11 - Earnings Per Common Share - Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Weighted average number of common shares outstanding used in basic earnings per common share calculation (in shares)	4,176	4,116	4,171	4,107
Restricted stock awards, options and warrants (in shares)	556	558	535	566
Weighted average number of shares outstanding adjusted for effect of dilutive securities (in shares)	4,732	4,674	4,706	4,673
Income available to common shareholders	$ 1,478	$ 585	$ 3,252	$ 938
Basic earnings per common share (in dollars per share)	$ 0.35	$ 0.14	$ 0.78	$ 0.23
Diluted earnings per common share (in dollars per share)	$ 0.31	$ 0.13	$ 0.69	$ 0.20

Note 12 - Regulatory Capital 60

Note 12 - Regulatory Capital and Oversight (Details Textual) - USD ($) $ in Millions	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2019
Home Federal Savings Bank [Member]
Banks Tangible Assets	$ 653
Adjusted Assets	648.8
Risk Weighted Assets	$ 569.4
Scenario, Forecast [Member]
Capital Conservation Buffer		2.50%
Capital Conservation Buffer	0.625%

Note 12 - Regulatory Capital 61

Note 12 - Regulatory Capital and Oversight - Capital Requirements under Banking Regulations (Details) $ in Thousands	Jun. 30, 2016USD ($)
Bank stockholder’s equity	$ 78,391
Net unrealized loss on certain securities available for sale	32
Goodwill and other intan2gibles	1,104
Disallowed servicing and tax assets	3,067
Common equity tier I capital	$ 74,252
Common equity tier I capital ratio	13.04%	[1]
Common equity tier I capital ratio	$ 25,624
Common equity tier I capital ratio	4.50%	[1]
Common equity tier I capital ratio	$ 48,628
Common equity tier I capital ratio	8.54%	[1]
Common equity tier I capital ratio	$ 37,013	[2]
Common equity tier I capital ratio	6.50%	[1],[2]
Tier I capital	$ 74,252
Tier I capital leverage ratio	11.44%	[1]
Tier I capital leverage ratio	$ 25,951
Tier I capital leverage ratio	4.00%	[1]
Tier I capital leverage ratio	$ 48,301
Tier I capital leverage ratio	7.44%	[1]
Tier I capital leverage ratio	$ 32,439	[2]
Tier I capital leverage ratio	5.00%	[1],[2]
Tier I risk-based capital ratio	13.04%	[1]
Tier I risk-based capital ratio	$ 34,166
Tier I risk-based capital ratio	6.00%	[1]
Tier I risk-based capital ratio	$ 40,086
Tier I risk-based capital ratio	7.04%	[1]
Tier I risk-based capital ratio	$ 45,555	[2]
Tier I risk-based capital ratio	8.00%	[1],[2]
Allowable allowance for loan losses	$ 7,174
Risk-based capital	$ 81,426
Total risk-based capital ratio	14.30%	[1]
Total risk-based capital ratio	$ 45,555
Total risk-based capital ratio	8.00%	[1]
Total risk-based capital ratio	$ 35,871
Total risk-based capital ratio	6.30%	[1]
Total risk-based capital ratio	$ 56,943	[2]
Total risk-based capital ratio	10.00%	[1],[2]
[1]	Based upon the Bank's adjusted total assets for the purpose of the Tier I or core capital ratios and risk-weighted assets for the purpose of the risk-based capital ratios.
[2]	Under the final rules, revised requirements will be phased in commencing January 1, 2015, as described above.

Note 13 - Stockholders' Equity

Note 13 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions	May 21, 2015	Feb. 17, 2015	Dec. 23, 2008	Jun. 30, 2016	Dec. 31, 2015
Preferred Stock [Member]
Stock Redeemed or Called During Period, Shares		10,000
Two Investors [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	277,777.67
One Investor [Member]
Class of Warrant or Right, Number of Securities Called by Warrants or Rights	277,777.66
Preferred Stock, Shares Authorized				500,000	500,000
Preferred Stock, Shares Issued			26,000	0	0
Preferred Stock, Dividend Rate, Per-Dollar-Amount			$ 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	$ 4.68		$ 4.68
Proceeds from Issuance of Warrants	$ 5.7

Note 14 - Other Borrowings (Det

Note 14 - Other Borrowings (Details Textual) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015	Dec. 15, 2015	Dec. 15, 2014
Other Borrowings [Member]
Debt Instrument, Interest Rate, Stated Percentage				6.50%
Debt Instrument, Annual Principal Payment			$ 1	$ 1
Other Borrowings	$ 9	$ 9		$ 10

Note 15 - Commitments and Con64

Note 15 - Commitments and Contingencies (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Standby Letters of Credit [Member]
Line of Credit Facility, Expiration Period	2 years 240 days
Letters of Credit Issued and Available Amount	$ 3

Note 16 - Business Segments - P

Note 16 - Business Segments - Profit and Assets for the Reportable Segments (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Home Federal Savings Bank [Member] | Operating Segments [Member]
Interest income - external customers		$ 5,070,000	$ 13,684,000	$ 9,954,000
Non-interest income - external customers	$ 2,102,000	1,867,000	3,857,000	3,461,000
Intersegment non-interest income	52,000	51,000	105,000	102,000
Interest expense	247,000	227,000	473,000	476,000
Other non-interest expense	5,900,000	5,751,000	11,461,000	11,054,000
Income tax expense	1,110,000	473,000	2,419,000	860,000
Net income	1,675,000	720,000	3,644,000	1,311,000
Total assets	652,352,000	562,957,000	652,352,000	562,957,000
Intersegment interest income		0		0
Non-interest expense	5,900,000	5,751,000	11,461,000	11,054,000
Intersegment interest income		0		0
Other Segments [Member] | Operating Segments [Member]
Interest income - external customers		0	0	0
Non-interest income - external customers	0	0	0	0
Intersegment non-interest income	1,675,000	720,000	3,644,000	1,311,000
Interest expense	148,000	165,000	296,000	242,000
Other non-interest expense	185,000	100,000	368,000	279,000
Income tax expense	(136,000)	(129,000)	(272,000)	(256,000)
Net income	1,478,000	585,000	3,252,000	1,046,000
Total assets	82,368,000	77,331,000	82,368,000	77,331,000
Intersegment interest income		1,000		1,000
Non-interest expense	185,000	100,000	368,000	279,000
Intersegment interest income		1,000		1,000
Consolidation, Eliminations [Member]
Interest income - external customers		0	0	0
Non-interest income - external customers	0	0	0	0
Intersegment non-interest income	(1,727,000)	(771,000)	(3,749,000)	(1,413,000)
Interest expense	0	(1,000)	0	(1,000)
Other non-interest expense	(52,000)	(51,000)	(105,000)	(102,000)
Income tax expense	0	0	0	0
Net income	(1,675,000)	(720,000)	(3,644,000)	(1,311,000)
Total assets	(81,335,000)	(76,287,000)	(81,335,000)	(76,287,000)
Intersegment interest income		(1,000)		(1,000)
Non-interest expense	(52,000)	(51,000)	(105,000)	(102,000)
Intersegment interest income		(1,000)		(1,000)
Interest income - external customers	7,159,000	5,070,000	13,684,000	9,954,000
Non-interest income - external customers	2,102,000	1,867,000	3,857,000	3,461,000
Intersegment non-interest income	0	0	0	0
Interest expense	395,000	391,000	769,000	717,000
Other non-interest expense	6,033,000	5,800,000	11,724,000	11,231,000
Income tax expense	974,000	344,000	2,147,000	604,000
Net income	1,478,000	585,000	3,252,000	1,046,000
Total assets	653,385,000	564,001,000	653,385,000	564,001,000
Intersegment interest income		0		0
Non-interest expense	$ 6,033,000	5,800,000	$ 11,724,000	11,231,000
Intersegment interest income		$ 0		$ 0