Note 8 - Income Taxes (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
| Notes Tables |
|
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
| | | | | | | | | | | | | | $ | 8,500 | | | | 3,836 | | | | 2,607 | | | | | | 257 | | | | 874 | | | | 28 | | Expense of operating loss carryforwards | | | 637 | | | | 766 | | | | 536 | | Change in valuation allowance | | | - | | | | - | | | | (12 | ) | | | | $ | 9,394 | | | | 5,476 | | | | 3,159 | |
|
| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| | | | | | | | | | | Pre-tax income at statutory rate | | $ | 10,084 | | | | 5,831 | | | | 3,085 | | State income tax expense, net | | | 727 | | | | 416 | | | | 224 | | Cash surrender value income | | | (284 | ) | | | (147 | ) | | | (83 | ) | | | | | (295 | ) | | | (168 | ) | | | (65 | ) | | | | | (547 | ) | | | (703 | ) | | | (174 | ) | | | | | 108 | | | | 114 | | | | 111 | | Change in valuation allowance | | | - | | | | - | | | | (12 | ) | | | | | (399 | ) | | | 133 | | | | 73 | | | | | $ | 9,394 | | | | 5,476 | | | | 3,159 | |
|
| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
| | | | | | | | Deferred income tax assets: | | | | | | | | | Allowance for loan losses | | $ | 7,318 | | | | 7,252 | | | | | | 6 | | | | 106 | | Operating loss carryforwards and credits | | | 5,611 | | | | 6,159 | | | | | | 733 | | | | 826 | | Non-accrual interest income | | | 91 | | | | 104 | | | | | | 1,118 | | | | 1,037 | | | | | | - | | | | 38 | | | | | | 430 | | | | 95 | | Goodwill and intangible assets | | | 206 | | | | 235 | | | | | | 233 | | | | 540 | | Total gross deferred income tax assets | | | 15,746 | | | | 16,392 | | | | | | | | | | | | Deferred income tax liabilities: | | | | | | | | | Unrealized gains on investment securities available-for-sale | | | 135 | | | | 295 | | | | | | 475 | | | | 423 | | | | | | 772 | | | | 1,060 | | | | | | 80 | | | | - | | Investment in pass-through entity | | | 797 | | | | 424 | | Total gross deferred income tax liabilities | | | 2,259 | | | | 2,202 | | Net deferred income tax assets | | $ | 13,487 | | | | 14,190 | |
|