Note 7 - Deposits
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Deposit Liabilities Disclosures [Text Block]
(7)
Deposits
Interest expense on time certificates of deposit of
$250,000
or more in the year
2016
amounted to
$156,000,
as compared with
$161,000
in
2015,
and
$287,000
in
2014.
At
December
31,
2016,
the balance of time certificates of deposit of
$250,000
or more was
$16,708,000,
as compared with
$19,794,000
at
December
31,
2015.
The amount of time deposits with a remaining term of more than
1
year was
$73,494,000
at
December
31,
2016
and
$86,697,000
at
December
31,
2015.
The following table shows the scheduled maturities of Certificates of Deposit as of
December
31,
2016
(000s
omitted):
 
   
Under $250,000
   
$250,000 and over
 
2017
  $
72,001
    $
6,774
 
2018
   
24,134
     
3,219
 
2019
   
15,514
     
4,936
 
2020
   
14,811
     
763
 
2021
   
9,101
     
1,016
 
Thereafter
   
-
     
-
 
Total
  $
135,561
    $
16,708
 
 
Time certificates of deposit under
$250,000
include
$1,857,000
of brokered certificates of deposit as of
December
31,
2016,
and
$3,608,000
as of
December
31,
2015.
The Bank did
not
have any brokered certificates of deposit over
$250,000
as of
December
31,
2016
and
December
31,
2015.