Borrowings (Tables)
 12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Federal Home Loan Bank, Advances [Table Text Block]
The Company had advances from the FHLB for the periods indicated that consisted of the following (in thousands):
 
Year Ended December 31, 2016
 
 
 
Maturity
 
Interest
 
Advance
 
Type
 
Date
 
Rate
 
Amount
 
 
 
 
 
 
 
 
 
Fixed Rate
 
06/01/2017
 
1.06
%
$
800
 
Fixed Rate
 
12/01/2017
 
1.27
%
 
800
 
Fixed Rate
 
06/01/2018
 
1.48
%
 
800
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
2,400
 
 
Year Ended December 31, 2015
 
 
 
Maturity
 
Interest
 
Advance
 
Type
 
Date
 
Rate
 
Amount
 
 
 
 
 
 
 
 
 
Fixed Rate
 
02/25/2016
 
2.65
%
$
1,000
 
Fixed Rate
 
04/11/2016
 
2.71
%
 
1,000
 
Fixed Rate
 
06/01/2016
 
0.56
%
 
800
 
Fixed Rate
 
12/01/2016
 
0.81
%
 
800
 
Fixed Rate
 
06/01/2017
 
1.06
%
 
800
 
Fixed Rate
 
12/01/2017
 
1.27
%
 
800
 
Fixed Rate
 
06/01/2018
 
1.48
%
 
800
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
6,000
 
Schedule of Debt [Table Text Block]
Information related to borrowings as of December 31, 2016 and 2015 is as follows (dollars in thousands):
 
 
 
Year Ended December 31,
 
 
 
2016
 
 
2015
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
Maximum outstanding during the year
 
 
 
 
 
 
 
 
 
 
 
 
FHLB advances
 
$
12,200
 
 
$
14,000
 
 
$
18,000
 
Balance outstanding at end of year
 
 
 
 
 
 
 
 
 
 
 
 
FHLB advances
 
 
2,400
 
 
 
6,000
 
 
 
14,000
 
Average amount outstanding during the year
 
 
 
 
 
 
 
 
 
 
 
 
FHLB advances
 
 
5,161
 
 
 
9,027
 
 
 
15,468
 
Average interest rate during the year
 
 
 
 
 
 
 
 
 
 
 
 
FHLB advances
 
 
1.09
%
 
 
1.88
%
 
 
2.16
%
Average interest rate at end of year
 
 
 
 
 
 
 
 
 
 
 
 
FHLB advances
 
 
1.46
%
 
 
1.58
%
 
 
2.07
%