United Bancshares (UBOH) 10-Q 4 May 21 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2021shares
Document Information [Line Items]
Entity Registrant Name	UNITED BANCSHARES INC/OH
Entity Central Index Key	0001087456
Trading Symbol	uboh
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)	3,278,789
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false
Title of 12(b) Security	Common Stock, No Par Value

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
CASH AND CASH EQUIVALENTS
Cash and due from banks	$ 10,559	$ 10,446
Interest-bearing deposits in other banks	87,327	46,588
Total cash and cash equivalents	97,886	57,034
SECURITIES, available-for-sale	200,436	194,580
FEDERAL HOME LOAN BANK STOCK, at cost	5,598	5,598
LOANS HELD FOR SALE	17,873	18,427
LOANS AND LEASES	636,373	634,103
Less allowance for loan and lease losses	10,301	9,994
Net loans and leases	626,072	624,109
PREMISES AND EQUIPMENT, net	19,253	19,341
GOODWILL	28,616	28,616
CORE DEPOSIT INTANGIBLE ASSETS, net	607	643
CASH SURRENDER VALUE OF LIFE INSURANCE	19,099	18,981
OTHER ASSETS, including accrued interest receivable	11,534	11,203
TOTAL ASSETS	1,026,974	978,532
Deposits:
Non-interest-bearing	187,511	185,915
Interest-bearing	701,050	652,463
Total deposits	888,561	838,378
Other borrowings	7,500	7,750
Junior subordinated deferrable interest debentures	12,950	12,942
Other liabilities	5,892	7,863
Total liabilities	914,903	866,933
SHAREHOLDERS’ EQUITY
Common stock, stated value $1.00, authorized 10,000,000 shares; issued 3,760,557 shares	3,761	3,761
Surplus	15,476	15,438
Retained earnings	96,308	92,716
Accumulated other comprehensive income	4,090	7,355
Treasury stock, at cost, 481,768 shares at March 31, 2021 and 488,573 shares at December 31, 2020	(7,564)	(7,671)
Total shareholders’ equity	112,071	111,599
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,026,974	$ 978,532

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Common stock, stated value (in dollars per share)	$ 1	$ 1
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, issued (in shares)	3,760,557	3,760,557
Treasury stock, shares (in shares)	481,768	488,573

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
INTEREST INCOME
Loans and leases, including fees		$ 8,407	$ 7,945
Securities:
Taxable		414	612
Tax-exempt		617	498
Other		52	177
Total interest income		9,490	9,232
INTEREST EXPENSE
Deposits		632	1,535
Other borrowings		203	573
Total interest expense		835	2,108
Net interest income		8,655	7,124
PROVISION FOR LOAN AND LEASE LOSSES		300	550
Net interest income after provision for loan and lease losses		8,355	6,574
NON-INTEREST INCOME
Gain on sale of loans	[1]	4,576	2,583
Net securities losses (1)	[1]	(5)
Other non-interest income		1,170	251
Total non-interest income		5,741	2,834
NON-INTEREST EXPENSES		9,106	8,210
INCOME BEFORE INCOME TAXES		4,990	1,198
PROVISION FOR INCOME TAXES		873	110
NET INCOME		$ 4,117	$ 1,088
NET INCOME PER SHARE
Basic (in dollars per share)		$ 1.26	$ 0.33
Diluted (in dollars per share)		$ 1.24	$ 0.33
Weighted average common shares outstanding (basic) (in shares)		3,277,744	3,270,066
Weighted average common shares outstanding (diluted) (in shares)		3,311,260	3,270,066
[1]	Not within the scope of ASC 606

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 4,117	$ 1,088
OTHER COMPREHENSIVE INCOME
Unrealized holding gains (losses) during period	(4,138)	3,733
Reclassification adjustments for losses included in net income	5
Other comprehensive income (loss), before income taxes	(4,133)	3,733
Income tax expense (benefit) related to items of other comprehensive income	(868)	784
Other comprehensive income (loss)	(3,265)	2,949
COMPREHENSIVE INCOME	$ 852	$ 4,037

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
BALANCE at Dec. 31, 2019	$ 3,761	$ 15,251	$ 80,629	$ 2,872	$ (7,732)	$ 94,781
Net income			1,088			1,088
Other comprehensive loss				2,949		2,949
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan		26			36	62
Stock option expense		60				60
Cash dividends declared			(458)			(458)
BALANCE at Mar. 31, 2020	3,761	15,337	81,259	5,821	(7,696)	98,482
BALANCE at Dec. 31, 2020	3,761	15,438	92,716	7,355	(7,671)	111,599
Net income			4,117			4,117
Other comprehensive loss				(3,265)		(3,265)
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan		4			107	111
Stock option expense		45				45
Stock option exercise		(11)				(11)
Cash dividends declared			(525)			(525)
BALANCE at Mar. 31, 2021	$ 3,761	$ 15,476	$ 96,308	$ 4,090	$ (7,564)	$ 112,071

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Stock issued during the period, shares, Employee Stock Purchase Plans (in shares)	6,805	2,304
Cash dividends declared per share (in dollars per share)	$ 0.16	$ 0.14

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES	$ 3,527	$ (1,474)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales, calls and maturities of available-for-sale securities	10,001	6,908
Purchases of available-for-sale securities	(20,186)	(7,494)
Purchases of FHLB stock		(296)
Net increase in loans and leases	(1,876)	3,385
Purchases of premises and equipment	(125)	(14)
Net cash provided by (used in) investing activities	(12,186)	2,489
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	50,175	17,991
Repayments of other borrowings	(250)	(250)
Proceeds from sale of treasury shares	111	62
Cash dividends paid	(525)	(458)
Net cash provided by financing activities	49,511	17,345
NET INCREASE IN CASH AND CASH EQUIVALENTS	40,852	18,360
At beginning of period	57,034	26,412
At end of period	97,886	44,772
SUPPLEMENTAL CASH FLOW DISCLOSURES
Interest	875	2,153
Federal income taxes
Non-cash investing activities:
Change in net unrealized gain or loss on available-for-sale securities	$ (4,133)	$ 3,733

Note 1 - Consolidated Financial

Note 1 - Consolidated Financial Statements	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	NOTE 1 The consolidated financial statements of United Bancshares, Inc. and subsidiaries (the “Corporation”) have been prepared without audit and in the opinion of management reflect all adjustments (which include normal recurring adjustments) necessary to present fairly such information for the periods and dates indicated. Since the unaudited financial statements have been prepared in accordance with the instructions to Form 10 not three March 31, 2021 not may December 31, 2021 December 31, 2020 10 December 31, 2020 The consolidated financial statements include the accounts of the Corporation and its wholly-owned subsidiary, The Union Bank Company (the “Bank”). The Bank has formed a wholly-owned subsidiary, UBC Investments, Inc. (“UBC”), to hold and manage its securities portfolio. The operations of UBC are located in Wilmington, Delaware. The Bank has also formed a wholly-owned subsidiary, UBC Property, Inc. (“UBC Property”), to hold and manage certain property. All significant intercompany balances and transactions have been eliminated in consolidation. The accounting and reporting policies of the Corporation conform to generally accepted practices within the banking industry. The Corporation considers all of its principal activities to be banking related.

Note 2 - New Accounting Pronoun

Note 2 - New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 2 In June 2016, 2016 13, 326 four 2016 13 not 2016 13 December 15, 2019. July 17, 2019, 2016 13. October 16, 2019, December 15, 2022. In April, 2019, 2019 04, 326, 815, 825, not In December, 2019, 2019 12, 740 740. 740 December 15, 2020. not may not In January, 2020, 2020 01, 321 323 815 321, 323, 815. 321 815 10 15 141 not 323 825. 815 10 15 141 December 15, 2020, not not In March 2020, 2020 03, not In March 2020, 2020 04, 848 March 12, 2020 December 31, 2022. not In January 2021, 2021 01, 848 not

Note 3 - Securities

Note 3 - Securities	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 3 The amortized cost, unrealized gains and losses, and fair value of available-for-sale securities as of March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Agency $ 2,500 $ - $ 15 $ 2,485 Obligations of states and political subdivisions 97,562 4,675 571 101,666 Mortgage-backed 94,049 1,942 853 95,138 Other 1,147 - - 1,147 Total $ 195,258 $ 6,617 $ 1,439 $ 200,436 (in thousands) December 31, 2020 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Obligations of states and political subdivisions $ 93,406 $ 6,400 $ 1 $ 99,805 Mortgage-backed 90,712 2,904 5 93,611 Other 1,151 13 - 1,164 Total $ 185,269 $ 9,317 $ 6 $ 194,580

Note 4 - Loans and Leases

Note 4 - Loans and Leases	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE 4 The following tables present the activity in the allowance for loan and lease losses by portfolio segment for the three March 31, 2021 2020 (in thousands) Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Balance at December 31, 2020 $ 1,683 $ 6,664 $ 1,515 $ 132 $ 9,994 Provision charged to expenses 40 239 26 (5 ) 300 Losses charged off - - - (2 ) (2 ) Recoveries - 9 - - 9 Balance at March 31, 2021 $ 1,723 $ 6,912 $ 1,541 $ 125 $ 10,301 Balance at December 31, 2019 $ 592 $ 2,536 $ 939 $ 64 $ 4,131 Provision charged to expenses 109 422 9 10 550 Losses charged off - - (4 ) (5 ) (9 ) Recoveries 3 3 9 - 15 Balance at March 31, 2020 $ 704 $ 2,961 $ 953 $ 69 $ 4,687 The following tables present the balance in the allowance for loan and lease losses and the recorded investment in loans and leases by portfolio segment and based on impairment method as of March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ - $ 222 $ - $ 222 Collectively evaluated for impairment 1,723 6,912 1,319 125 10,079 Total allowance for loan and lease losses $ 1,723 $ 6,912 $ 1,541 $ 125 $ 10,301 Loans and leases: Individually evaluated for impairment $ - $ 1,455 $ 1,416 $ - $ 2,871 Acquired with deteriorated credit quality 67 75 - - 142 Collectively evaluated for impairment 105,134 364,320 157,618 6,288 633,360 Total ending loans and leases balance $ 105,201 $ 365,850 $ 159,034 $ 6,288 $ 636,373 December 31, 2020 Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ 6 $ 249 $ - $ 255 Collectively evaluated for impairment 1,683 6,658 1,266 132 9,739 Total allowance for loan and lease losses $ 1,683 $ 6,664 $ 1,515 $ 132 $ 9,994 Loans and leases: Individually evaluated for impairment $ - $ 1,047 $ 1,978 $ - $ 3,025 Acquired with deteriorated credit quality 60 104 - - 164 Collectively evaluated for impairment 111,001 373,681 139,302 6,930 630,914 Total ending loans and leases balance $ 111,061 $ 374,832 $ 141,280 $ 6,930 $ 634,103 The average recorded investment in impaired loans and leases (excluding loans and leases acquired with deteriorated credit quality) for the three March 31, 2021 $2,948,000 $2,847,000 three March 31, 2020 $222,000 March 31, 2021 $400,000 March 31, 2020 $6,000 three March 31, 2021 $12,000 three March 31, 2020 The following table presents the recorded investment in nonaccrual loans and leases, loans and leases past due over 90 March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 Nonaccrual Loans and leases past due over 90 days still accruing Accruing Troubled Debt Restructurings Residential 1-4 family real estate $ 263 $ 59 $ 157 Commercial and multi-family real estate 495 - 506 Agricultural real estate 6 - - Commercial - - 768 Agriculture - - - Consumer - - - Total $ 764 $ 59 $ 1,431 December 31, 2020 Residential 1-4 family real estate $ 363 $ 60 $ 175 Commercial and multi-family real estate 570 - 546 Agricultural real estate 11 - - Commercial - - 769 Agriculture - - - Consumer 6 - - Total $ 950 $ 60 $ 1,490 The following table presents the aging of the recorded investment in past due loans and leases as of March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total Residential 1-4 family real estate $ 154 $ - $ 104 $ 258 $ 104,943 $ 105,201 Commercial and multi-family real estate 967 - 212 1,179 318,405 319,584 Agricultural real estate - - - - 46,266 46,266 Commercial - - - - 151,156 151,156 Agriculture - - - - 7,878 7,878 Consumer - - - - 6,288 6,288 Total $ 1,121 $ - $ 316 $ 1,437 $ 634,936 $ 636,373 December 31, 2020 Residential 1-4 family real estate $ 795 $ - $ 173 $ 968 $ 110,093 $ 111,061 Commercial and multi-family real estate 468 181 212 861 330,154 331,015 Agricultural real estate - - - - 43,817 43,817 Commercial 676 - - 676 130,897 131,573 Agriculture - - - - 9,707 9,707 Consumer 4 - 6 10 6,920 6,930 Total $ 1,943 $ 181 $ 391 $ 2,515 $ 631,588 $ 634,103 Credit Quality Indicators: The Corporation categorizes loans and leases into risk categories based on relevant information about the ability of borrowers to service their debt, such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Corporation analyzes loans and leases individually by classifying the loans and leases as to the credit risk. This analysis generally includes non-homogenous loans and leases, such as commercial and commercial real estate loans and leases. The Corporation uses the following definitions for risk ratings: ● Pass: not ● Special Mention: not not 1 2 ● Substandard: may may ● Doubtful: The following table provides a summary of the loan portfolio risk grades, as applicable, based on the most recent analysis performed, as of March 31, 2021 December 31, 2020 As of March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 Pass Special Mention Substandard Doubtful Not rated Residential 1 - 4 family $ 3,969 $ - $ - $ - $ 101,232 Commercial and multi- family real estate 347,651 4,501 13,652 - 46 Commercial 60,473 472 2,280 - 95,809 Consumer - - - - 6,288 Total $ 412,093 $ 4,973 $ 15,932 $ - $ 203,375 December 31, 2020 Residential 1 - 4 family $ 6,767 $ - $ - $ - $ 104,294 Commercial and multi- family real estate 356,163 6,964 11,536 - 169 Commercial 64,068 495 2,530 - 74,187 Consumer - - - - 6,930 Total $ 426,998 $ 7,459 $ 14,066 $ - $ 185,580 The Corporation considers the performance of the loan and lease portfolio and its impact on the allowance for loan and lease losses. For all loan classes that are not not 90 not March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 Residential 1-4 family Commercial and multi-family real estate Commercial Consumer Total Performing $ 101,128 $ 30 $ 95,809 $ 6,288 $ 203,255 Nonperforming 104 16 - - 120 Total $ 101,232 $ 46 $ 95,809 $ 6,288 $ 203,375 December 31, 2020 Performing $ 104,121 $ 153 $ 74,187 $ 6,924 $ 185,385 Nonperforming 173 16 - 6 195 Total $ 104,294 $ 169 $ 74,187 $ 6,930 $ 185,580 Modifications: The Corporation's loan and lease portfolio also includes certain loans and leases that have been modified in a Troubled Debt Restructuring (TDR), where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Corporation's loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. All TDRs are also classified as impaired loans and leases. When the Corporation modifies a loan or lease, management evaluates any possible concession based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan or lease agreement, except when the sole (remaining) source of repayment for the loan or lease is the operation or liquidation of the collateral. In these cases, management uses the current fair value of the collateral, less selling costs, instead of discounted cash flows. If management determines that the value of the modified loan or lease is less than the recorded investment in the loan or lease (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), an impairment is recognized through a specific reserve in the allowance or a direct write down of the loan or lease balance if collection is not There were no three March 31, 2021 . As a result of the COVID- 19 90 90 At March 31, 2021 , 1 40 loans were modified or extended, approximating $ 52.0 million. These modifications and extensions were made under the CARES act and are not The Corporation acquired The Ohio State Bank (“OSB”) in November 2014 September 2017. not The following is information related to loans and leases acquired in these transactions, including purchased impaired loans: The Ohio State Bank (in thousands) Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2020 $ 10,181 $ (319 ) $ 9,862 Change due to payments received (1,107 ) 43 (1,064 ) Balance at March 31, 2021 $ 9,074 $ (276 ) $ 8,798 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 109 $ (59 ) $ 50 Change due to payments received (20 ) 23 3 Balance at March 31, 2021 $ 89 $ (36 ) $ 53 Benchmark Bank (in thousands) Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2020 $ 37,386 $ (655 ) $ 36,731 Change due to payments received (5,829 ) 142 (5,687 ) Balance at March 31, 2021 $ 31,557 $ (513 ) $ 31,044 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 287 $ (173 ) $ 114 Change due to payments received (31 ) 6 (25 ) Balance at March 31, 2021 $ 256 $ (167 ) $ 89 There was no three March 31, 2021 2020 no

Note 5 - Other Borrowings

Note 5 - Other Borrowings	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 5 Other borrowings consists of the following at March 31, 2021 December 31, 2020 (in thousands) March 31, December 31, 2021 2020 United Bankers Bank Note payable, with interest at 4.875% and $250,000 principal payments payable quarterly with any remaining unpaid principal, due September 1, 2022. All Union Bank stock is held as collateral. $ 7,500 $ 7,750 Total other borrowings $ 7,500 $ 7,750 Future maturities of other borrowings are as follows: 2021, $750,000; 2022, $6,750,000. The Corporation had $153,411,000 March 31, 2021.

Note 6 - Junior Subordinated De

Note 6 - Junior Subordinated Deferrable Interest Debentures	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	NOTE 6 The Corporation has formed and invested $300,000 not $10,000,000 $10,300,000 March 26, 2033. March 26, 2008, may 315 3 ng to 3.35% a March 31, 2021 3.40% December 31, 2020 not 20 The Corporation assumed $3,093,000 $3,000,000 $93,000 March 31, 2021 December 31, 2020 as $2,650,000 $2,642,000, April 23, 2034. 285 3 nting to 3.07% March 31, 2021 3.06% December 31, 2020 Each issue of the trust preferred securities carries an interest rate identical to that of the related debenture. The securities have been structured to qualify as Tier I capital for regulatory purposes and the dividends paid on such are tax deductible. However, under Federal Reserve Board guidelines, the securities cannot be used to constitute more than 25% Interest expense on the debentures amounted to $108, 00 0 $161,000 three March 31, 2021 2020

Note 7 - Fair Value Measurement

Note 7 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 7 ASC 820 10 not not ASC 820 10 may 820 10 Level 1 Level 2 1 2 not Level 3 Financial assets (there were no March 31, 2021 December 31, 2020 1 2 $1,650,000 March 31, 2021 $1,132,000 December 31, 2020 3 March 31, 2021 $1,535 ,000 c $1,463,000 December 31, 2020 There were no March 31, 2021 March 31, 2021 The tables below present a reconciliation and income statement classification of gains and losses for mortgage servicing rights, which are measured at fair value on a recurring basis using significant unobservable inputs (Level 3 three March 31, 2021 December 31, 2020 (in thousands) March 31, December 31, 2021 2020 Mortgage Servicing Rights Balance at beginning of period $ 1,132 $ 1,061 Gains or losses, including realized and unrealized: Purchases, issuances, and settlements 229 690 Disposals - amortization based on loan payments and payoffs (51 ) (326 ) Changes in fair value 340 (293 ) Balance at end of period $ 1,650 $ 1,132 A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, and disclosure of unobservable inputs follows. In general, fair value is based upon quoted market prices, where available. If such quoted market prices are not may may may may not Securities Available-for-Sale Where quoted prices are available in an active market, securities are classified within Level 1 1 not 2 3 Impaired Loans The Corporation does not 2 3 15% 35% 10% 20% 3 3. Mortgage Servicing Rights The Corporation records mortgage servicing rights at estimated fair value based on a discounted cash flow model which includes discount rates between 8% 10%, 3 3. Other Real Estate Owned The Corporation values other real estate owned at the estimated fair value of the underlying collateral less appraisal adjustments typically between 10% 30% 10% 20% 3 3. Certain other financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not not March 31, 2021 December 31, 2020

Note 8 - Fair Value of Financia

Note 8 - Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	NOTE 8 The carrying amounts and estimated fair values of recognized financial instruments at March 31, 2021 December 31, 2020 (in thousands) March 31, 2021 December 31, 2020 Carrying amount Estimated value Carrying amount Estimated value Input Level FINANCIAL ASSETS Cash and cash equivalents $ 97,886 $ 97,886 $ 57,034 $ 57,034 1 Securities, including FHLB stock 206,034 206,034 200,178 200,178 2,3 Loans held for sale 17,873 17,873 18,427 18,427 3 Net loans and leases 626,072 627,218 624,109 625,628 3 Mortgage servicing rights 1,650 1,650 1,132 1,132 3 Hedging assets 2,156 2,156 3,245 3,245 3 Total Financial Assets $ 951,671 $ 952,817 $ 904,125 $ 905,644 FINANCIAL LIABILITIES Deposits Maturity $ 153,929 $ 154,683 $ 152,331 $ 153,337 3 Non-maturity 734,632 734,632 686,047 686,047 1 Other borrowings 7,500 7,500 7,750 7,750 3 Junior subordinated deferrable interest debentures 12,950 10,439 12,942 10,300 3 Hedging liabilities - - 616 616 3 Total Financial Liabilities $ 909,011 $ 907,254 $ 859,686 $ 858,050 The above summary does not There are also unrecognized financial instruments at March 31, 2021 December 31, 2020, $189,957,000 March 31, 2021 $156,385,000 December 31, 2020 The following methods and assumptions were used to estimate the fair value of each class of financial instruments shown above: Cash and cash equivalents: Fair value is determined to be the carrying amount for these items (which include cash on hand, due from banks, and federal funds sold) because they represent cash or mature in 90 not Securities: The fair value of securities is determined based on quoted market prices of the individual securities; if not not Loans held for sale: The fair value of loans held for sale is determined based on the sales price of similar loans. Loan held for sale are typically held for 60 Loans and leases: Fair value for loans and leases was estimated for portfolios of loans and leases with similar financial characteristics. For adjustable rate loans, which re-price at least annually and generally possess low risk characteristics, the carrying amount is believed to be a reasonable estimate of fair value. For fixed rate loans, the fair value is estimated based on a discounted cash flow analysis, considering weighted average rates and terms of the portfolio, adjusted for credit and interest rate risk inherent in the loans. Fair value for nonperforming loans is based on recent appraisals or estimated discounted cash flows. The fair value disclosures for both fixed and adjustable rate loans were adjusted to reflect the exit price amount anticipated to be received from the sale of the loans in an open market transaction. Mortgage servicing rights: The fair value for mortgage servicing rights is determined based on an analysis of the portfolio by an independent third Derivative assets and liabilities: The fair value of derivative assets and liabilities are evaluated monthly based on derivative valuation models using quoted prices for similar assets adjusted for specific attributes of the commitments and other observable market data at the valuation date. Deposit liabilities: The fair value of core deposits, including demand deposits, savings accounts, and certain money market deposits, is the amount payable on demand. The fair value of fixed-maturity certificates of deposit is estimated using the rates offered at quarter end for deposits of similar remaining maturities. The estimated fair value does not Other borrowings and junior subordinated deferrable interest debentures: The fair value of other borrowings and junior subordinated deferrable interest debentures are determined using the net present value of discounted cash flows based on current borrowing rates for similar types of borrowing arrangements, and are obtained from an independent third Other financial instruments: The fair value of commitments to extend credit and letters of credit is determined to be the contract amount, since these financial instruments generally represent commitments at existing rates. The fair value of other borrowings is determined based on a discounted cash flow analysis using current interest rates. The fair value of other liabilities is generally considered to be carrying value except for the deferred compensation agreement. The fair value of the contract is determined based on a discounted cash flow analysis using a current interest rate for a similar instrument. The fair value estimates of financial instruments are made at a specific point in time based on relevant market information. These estimates do not one not no

Note 9 - Stock Options

Note 9 - Stock Options	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	NOTE 9 The United Bancshares, Inc. 2016 250,000 The Corporation issued 63,858 2020 $19.83, 33,853 2019 $22.97, 31,267 2018 $23.30 r the Plan. Following is a summary of act three March 31, 2021 March 31, 2020 March 31, March 31, 2021 2020 Outstanding, beginning of period 157,817 117,647 Granted - - Exercised (2,520 ) - Forfeited - - Outstanding, end of period 155,297 117,647 Weighted average exercise price at end of quarter $ 19.80 $ 21.81 Options vest over a three March 31, 2021 65,749 57,033 March 31, 2020 7.9 The fair value of options granted is estimated at the date of grant using the Black Scholes option pricing model. Following are assumptions used in calculating the fair value of the options granted that are still vesting: 2020 2019 2018 Weighted-average fair value of options granted $ 4.83 $ 7.77 $ 7.87 Average dividend yield 2.93 % 2.26 % 2.18 % Expected volatility 40.00 % 40.00 % 40.00 % Risk-free interest rate 0.49 % 1.93 % 2.81 % Expected term (years) 7 7 7 Total compensation expense related to the stock options granted in 2020, $308,000 36 July 1, 2020. 2019, $223,000 36 July 1, 2019. 2018, $175,000 36 September 1, 2018. $45,000 three March 31, 2021 $60,000 three March 31, 2020

Note 10 - Non-interest Income

Note 10 - Non-interest Income	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Other Income and Other Expense Disclosure [Text Block]	NOTE 10 The Corporation's revenue from contracts with customers within the scope of ASC 606 Service charges on deposit accounts : Service charges on deposit accounts primarily consist of account analysis fees, monthly maintenance fees, overdraft fees, and other deposit account related fees. Overdraft fees and certain service charges are fixed and the performance obligation is typically satisfied at the time of the related transaction. The consideration for analysis fees and monthly maintenance fees are variable as the fee can be reduced if the customer meets certain qualifying metrics. The Corporation's performance obligations are satisfied at the time of the transaction or over the course of a month. Interchange fee income: The Corporation earns interchange fees from debit and credit cardholder transactions conducted through the MasterCard payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized concurrently with the transaction processing services provided to the cardholder. Wealth management income The Corporation earns wealth management and investment brokerage fees from its services with customers to manage assets for investment, to provide advisory services, and for account transactions. Fees are based on the market value of the assets under management and are recognized monthly as the Corporation's performance obligations are met. Commissions on transactions are recognized on a trade-date basis as the performance obligation is satisfied at the point in time in which the trade is processed. Other related services are based on a fixed fee schedule and the revenue is recognized when the services are rendered, which is when the Corporation has satisfied its performance obligation. The following table presents the Corporation's non-interest income for the three March 31, 2021 2020 606 Three Months ended March 31, 2021 2020 Service charges on deposit accounts $ 241 $ 350 Gain on sale of loans (1) 4,576 2,583 Net securities losses (1) (5 ) - Change in fair value of mortgage servicing rights (1) 340 (243 ) Increase in cash surrender value of life insurance (1) 118 96 Other Credit and debit card interchange fees 430 332 Wealth management 99 85 Net loan servicing fees (1) 121 85 Other non-interest income (179 ) (454 ) Total non-interest income $ 5,741 $ 2,834 ( 1 Not 606

Note 11 - Subsequent Events

Note 11 - Subsequent Events	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 11 Management evaluated subsequent events through the date the consolidated financial statements were issued. Events or transactions occurring after March 31, 2021 March 31, 2021 March 31, 2021 not March 31, 2021 not March 31, 2021 O n April 20, 2021, $0.17 June 15, 2021 May 28, 2021

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	In June 2016, 2016 13, 326 four 2016 13 not 2016 13 December 15, 2019. July 17, 2019, 2016 13. October 16, 2019, December 15, 2022. In April, 2019, 2019 04, 326, 815, 825, not In December, 2019, 2019 12, 740 740. 740 December 15, 2020. not may not In January, 2020, 2020 01, 321 323 815 321, 323, 815. 321 815 10 15 141 not 323 825. 815 10 15 141 December 15, 2020, not not In March 2020, 2020 03, not In March 2020, 2020 04, 848 March 12, 2020 December 31, 2022. not In January 2021, 2021 01, 848 not

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	(in thousands) March 31, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Agency $ 2,500 $ - $ 15 $ 2,485 Obligations of states and political subdivisions 97,562 4,675 571 101,666 Mortgage-backed 94,049 1,942 853 95,138 Other 1,147 - - 1,147 Total $ 195,258 $ 6,617 $ 1,439 $ 200,436 (in thousands) December 31, 2020 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Obligations of states and political subdivisions $ 93,406 $ 6,400 $ 1 $ 99,805 Mortgage-backed 90,712 2,904 5 93,611 Other 1,151 13 - 1,164 Total $ 185,269 $ 9,317 $ 6 $ 194,580

Note 4 - Loans and Leases (Tabl

Note 4 - Loans and Leases (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(in thousands) Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Balance at December 31, 2020 $ 1,683 $ 6,664 $ 1,515 $ 132 $ 9,994 Provision charged to expenses 40 239 26 (5 ) 300 Losses charged off - - - (2 ) (2 ) Recoveries - 9 - - 9 Balance at March 31, 2021 $ 1,723 $ 6,912 $ 1,541 $ 125 $ 10,301 Balance at December 31, 2019 $ 592 $ 2,536 $ 939 $ 64 $ 4,131 Provision charged to expenses 109 422 9 10 550 Losses charged off - - (4 ) (5 ) (9 ) Recoveries 3 3 9 - 15 Balance at March 31, 2020 $ 704 $ 2,961 $ 953 $ 69 $ 4,687
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	(in thousands) March 31, 2021 Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ - $ 222 $ - $ 222 Collectively evaluated for impairment 1,723 6,912 1,319 125 10,079 Total allowance for loan and lease losses $ 1,723 $ 6,912 $ 1,541 $ 125 $ 10,301 Loans and leases: Individually evaluated for impairment $ - $ 1,455 $ 1,416 $ - $ 2,871 Acquired with deteriorated credit quality 67 75 - - 142 Collectively evaluated for impairment 105,134 364,320 157,618 6,288 633,360 Total ending loans and leases balance $ 105,201 $ 365,850 $ 159,034 $ 6,288 $ 636,373 December 31, 2020 Residential 1 – 4 family real estate Commercial and multi-family real estate Commercial Consumer Total Allowance for loan and lease losses: Attributable to loans and leases individually evaluated for impairment $ - $ 6 $ 249 $ - $ 255 Collectively evaluated for impairment 1,683 6,658 1,266 132 9,739 Total allowance for loan and lease losses $ 1,683 $ 6,664 $ 1,515 $ 132 $ 9,994 Loans and leases: Individually evaluated for impairment $ - $ 1,047 $ 1,978 $ - $ 3,025 Acquired with deteriorated credit quality 60 104 - - 164 Collectively evaluated for impairment 111,001 373,681 139,302 6,930 630,914 Total ending loans and leases balance $ 111,061 $ 374,832 $ 141,280 $ 6,930 $ 634,103
Financing Receivable, Nonaccrual [Table Text Block]	(in thousands) March 31, 2021 Nonaccrual Loans and leases past due over 90 days still accruing Accruing Troubled Debt Restructurings Residential 1-4 family real estate $ 263 $ 59 $ 157 Commercial and multi-family real estate 495 - 506 Agricultural real estate 6 - - Commercial - - 768 Agriculture - - - Consumer - - - Total $ 764 $ 59 $ 1,431 December 31, 2020 Residential 1-4 family real estate $ 363 $ 60 $ 175 Commercial and multi-family real estate 570 - 546 Agricultural real estate 11 - - Commercial - - 769 Agriculture - - - Consumer 6 - - Total $ 950 $ 60 $ 1,490
Financing Receivable, Past Due [Table Text Block]	(in thousands) March 31, 2021 30 – 59 days past due 60 – 89 days past due Greater than 90 days past due Total past due Loans and leases not past due Total Residential 1-4 family real estate $ 154 $ - $ 104 $ 258 $ 104,943 $ 105,201 Commercial and multi-family real estate 967 - 212 1,179 318,405 319,584 Agricultural real estate - - - - 46,266 46,266 Commercial - - - - 151,156 151,156 Agriculture - - - - 7,878 7,878 Consumer - - - - 6,288 6,288 Total $ 1,121 $ - $ 316 $ 1,437 $ 634,936 $ 636,373 December 31, 2020 Residential 1-4 family real estate $ 795 $ - $ 173 $ 968 $ 110,093 $ 111,061 Commercial and multi-family real estate 468 181 212 861 330,154 331,015 Agricultural real estate - - - - 43,817 43,817 Commercial 676 - - 676 130,897 131,573 Agriculture - - - - 9,707 9,707 Consumer 4 - 6 10 6,920 6,930 Total $ 1,943 $ 181 $ 391 $ 2,515 $ 631,588 $ 634,103
Financing Receivable Credit Quality Indicators [Table Text Block]	(in thousands) March 31, 2021 Pass Special Mention Substandard Doubtful Not rated Residential 1 - 4 family $ 3,969 $ - $ - $ - $ 101,232 Commercial and multi- family real estate 347,651 4,501 13,652 - 46 Commercial 60,473 472 2,280 - 95,809 Consumer - - - - 6,288 Total $ 412,093 $ 4,973 $ 15,932 $ - $ 203,375 December 31, 2020 Residential 1 - 4 family $ 6,767 $ - $ - $ - $ 104,294 Commercial and multi- family real estate 356,163 6,964 11,536 - 169 Commercial 64,068 495 2,530 - 74,187 Consumer - - - - 6,930 Total $ 426,998 $ 7,459 $ 14,066 $ - $ 185,580
Schedule of the Performance of the Loan Portfolio [Table Text Block]	(in thousands) March 31, 2021 Residential 1-4 family Commercial and multi-family real estate Commercial Consumer Total Performing $ 101,128 $ 30 $ 95,809 $ 6,288 $ 203,255 Nonperforming 104 16 - - 120 Total $ 101,232 $ 46 $ 95,809 $ 6,288 $ 203,375 December 31, 2020 Performing $ 104,121 $ 153 $ 74,187 $ 6,924 $ 185,385 Nonperforming 173 16 - 6 195 Total $ 104,294 $ 169 $ 74,187 $ 6,930 $ 185,580
Schedule of Loans Acquired in Acquisition [Table Text Block]	The Ohio State Bank (in thousands) Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2020 $ 10,181 $ (319 ) $ 9,862 Change due to payments received (1,107 ) 43 (1,064 ) Balance at March 31, 2021 $ 9,074 $ (276 ) $ 8,798 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 109 $ (59 ) $ 50 Change due to payments received (20 ) 23 3 Balance at March 31, 2021 $ 89 $ (36 ) $ 53 Benchmark Bank (in thousands) Contractual Principal Accretable Carrying Receivable Difference Amount Purchased Performing Loans and Leases Balance at December 31, 2020 $ 37,386 $ (655 ) $ 36,731 Change due to payments received (5,829 ) 142 (5,687 ) Balance at March 31, 2021 $ 31,557 $ (513 ) $ 31,044 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 287 $ (173 ) $ 114 Change due to payments received (31 ) 6 (25 ) Balance at March 31, 2021 $ 256 $ (167 ) $ 89

Note 5 - Other Borrowings (Tabl

Note 5 - Other Borrowings (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Debt [Table Text Block]	(in thousands) March 31, December 31, 2021 2020 United Bankers Bank Note payable, with interest at 4.875% and $250,000 principal payments payable quarterly with any remaining unpaid principal, due September 1, 2022. All Union Bank stock is held as collateral. $ 7,500 $ 7,750 Total other borrowings $ 7,500 $ 7,750

Note 7 - Fair Value Measureme_2

Note 7 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	(in thousands) March 31, December 31, 2021 2020 Mortgage Servicing Rights Balance at beginning of period $ 1,132 $ 1,061 Gains or losses, including realized and unrealized: Purchases, issuances, and settlements 229 690 Disposals - amortization based on loan payments and payoffs (51 ) (326 ) Changes in fair value 340 (293 ) Balance at end of period $ 1,650 $ 1,132

Note 8 - Fair Value of Financ_2

Note 8 - Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	(in thousands) March 31, 2021 December 31, 2020 Carrying amount Estimated value Carrying amount Estimated value Input Level FINANCIAL ASSETS Cash and cash equivalents $ 97,886 $ 97,886 $ 57,034 $ 57,034 1 Securities, including FHLB stock 206,034 206,034 200,178 200,178 2,3 Loans held for sale 17,873 17,873 18,427 18,427 3 Net loans and leases 626,072 627,218 624,109 625,628 3 Mortgage servicing rights 1,650 1,650 1,132 1,132 3 Hedging assets 2,156 2,156 3,245 3,245 3 Total Financial Assets $ 951,671 $ 952,817 $ 904,125 $ 905,644 FINANCIAL LIABILITIES Deposits Maturity $ 153,929 $ 154,683 $ 152,331 $ 153,337 3 Non-maturity 734,632 734,632 686,047 686,047 1 Other borrowings 7,500 7,500 7,750 7,750 3 Junior subordinated deferrable interest debentures 12,950 10,439 12,942 10,300 3 Hedging liabilities - - 616 616 3 Total Financial Liabilities $ 909,011 $ 907,254 $ 859,686 $ 858,050

Note 9 - Stock Options (Tables)

Note 9 - Stock Options (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	March 31, March 31, 2021 2020 Outstanding, beginning of period 157,817 117,647 Granted - - Exercised (2,520 ) - Forfeited - - Outstanding, end of period 155,297 117,647 Weighted average exercise price at end of quarter $ 19.80 $ 21.81
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2020 2019 2018 Weighted-average fair value of options granted $ 4.83 $ 7.77 $ 7.87 Average dividend yield 2.93 % 2.26 % 2.18 % Expected volatility 40.00 % 40.00 % 40.00 % Risk-free interest rate 0.49 % 1.93 % 2.81 % Expected term (years) 7 7 7

Note 10 - Non-interest Income (

Note 10 - Non-interest Income (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months ended March 31, 2021 2020 Service charges on deposit accounts $ 241 $ 350 Gain on sale of loans (1) 4,576 2,583 Net securities losses (1) (5 ) - Change in fair value of mortgage servicing rights (1) 340 (243 ) Increase in cash surrender value of life insurance (1) 118 96 Other Credit and debit card interchange fees 430 332 Wealth management 99 85 Net loan servicing fees (1) 121 85 Other non-interest income (179 ) (454 ) Total non-interest income $ 5,741 $ 2,834

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Available-for-sale securities, Amortized cost	$ 195,258	$ 185,269
Available-for-sale securities, Gross unrealized gains	6,617	9,317
Available-for-sale securities, Gross unrealized losses	1,439	6
Available-for-sale securities, Fair Value	200,436	194,580
US Government Agencies Debt Securities [Member]
Available-for-sale securities, Amortized cost	2,500
Available-for-sale securities, Gross unrealized gains
Available-for-sale securities, Gross unrealized losses	15
Available-for-sale securities, Fair Value	2,485
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, Amortized cost	97,562	93,406
Available-for-sale securities, Gross unrealized gains	4,675	6,400
Available-for-sale securities, Gross unrealized losses	571	1
Available-for-sale securities, Fair Value	101,666	99,805
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities, Amortized cost	94,049	90,712
Available-for-sale securities, Gross unrealized gains	1,942	2,904
Available-for-sale securities, Gross unrealized losses	853	5
Available-for-sale securities, Fair Value	95,138	93,611
Other Debt Obligations [Member]
Available-for-sale securities, Amortized cost	1,147	1,151
Available-for-sale securities, Gross unrealized gains		13
Available-for-sale securities, Gross unrealized losses
Available-for-sale securities, Fair Value	$ 1,147	$ 1,164

Note 4 - Loans and Leases (Deta

Note 4 - Loans and Leases (Details Textual) xbrli-pure in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
Impaired Financing Receivable, Average Recorded Investment, Total	$ 2,948,000	$ 2,847,000
Impaired Financing Receivable, Related Allowance	222,000	400,000
Impaired Financing Receivable, Interest Income, Accrual Method, Total	$ 6,000	12,000
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0
Provision for Loan and Lease Losses, Total	$ 300,000	550,000
Ohio State Bancshares Inc and Benchmark Bancorp, Inc. [Member]
Provision for Loan and Lease Losses, Total	$ 0	$ 0
COVID 19 [Member]
Financing Receivable, Number of Payment Deferrals	140,000
Financing Receivable, Deferred Payments	$ 52,000,000

Note 4 - Loans and Leases - Act

Note 4 - Loans and Leases - Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Allowance for loan and lease losses beginning balance	$ 9,994	$ 4,131
Provision charged to expenses	300	550
Losses charged off	(2)	(9)
Recoveries	9	15
Allowance for loan and lease losses ending balance	10,301	4,687
Residential 1 - 4 Family Real Estate [Member]
Allowance for loan and lease losses beginning balance	1,683	592
Provision charged to expenses	40	109
Losses charged off
Recoveries		3
Allowance for loan and lease losses ending balance	1,723	704
Commercial and Agricultural Real Estate Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	6,664	2,536
Provision charged to expenses	239	422
Losses charged off
Recoveries	9	3
Allowance for loan and lease losses ending balance	6,912	2,961
Commercial and Agriculture Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	1,515	939
Provision charged to expenses	26	9
Losses charged off		(4)
Recoveries		9
Allowance for loan and lease losses ending balance	1,541	953
Consumer Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	132	64
Provision charged to expenses	(5)	10
Losses charged off	(2)	(5)
Recoveries
Allowance for loan and lease losses ending balance	$ 125	$ 69

Note 4 - Loans and Leases - A_2

Note 4 - Loans and Leases - Activity in the Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Attributable to loans and leases individually evaluated for impairment	$ 222	$ 255
Collectively evaluated for impairment	10,079	9,739
Total allowance for loan and lease losses	10,301	9,994
Individually evaluated for impairment	2,871	3,025
Acquired with deteriorated credit quality	203,375	185,580
Collectively evaluated for impairment	633,360	630,914
Loans receivable	636,373	634,103
Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	142	164
Residential 1 - 4 Family Real Estate [Member]
Attributable to loans and leases individually evaluated for impairment
Collectively evaluated for impairment	1,723	1,683
Total allowance for loan and lease losses	1,723	1,683
Individually evaluated for impairment
Collectively evaluated for impairment	105,134	111,001
Loans receivable	105,201	111,061
Residential 1 - 4 Family Real Estate [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	67	60
Commercial and Agricultural Real Estate Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment		6
Collectively evaluated for impairment	6,912	6,658
Total allowance for loan and lease losses	6,912	6,664
Individually evaluated for impairment	1,455	1,047
Collectively evaluated for impairment	364,320	373,681
Loans receivable	365,850	374,832
Commercial and Agricultural Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	75	104
Commercial and Agriculture Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment	222	249
Collectively evaluated for impairment	1,319	1,266
Total allowance for loan and lease losses	1,541	1,515
Individually evaluated for impairment	1,416	1,978
Collectively evaluated for impairment	157,618	139,302
Loans receivable	159,034	141,280
Commercial and Agriculture Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality
Consumer Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment
Collectively evaluated for impairment	125	132
Total allowance for loan and lease losses	125	132
Individually evaluated for impairment
Acquired with deteriorated credit quality	6,288	6,930
Collectively evaluated for impairment	6,288	6,930
Loans receivable	6,288	6,930
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality

Note 4 - Loans and Leases - Sum

Note 4 - Loans and Leases - Summary of Nonaccrual Loans and Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Recorded investment, nonaccrual	$ 764	$ 950
Loans and leases past due over 90 days still accruing	59	60
Troubled debt restructurings	1,431	1,490
Residential 1 - 4 Family Real Estate [Member]
Recorded investment, nonaccrual	263	363
Loans and leases past due over 90 days still accruing	59	60
Troubled debt restructurings	157	175
Commercial Real Estate Portfolio Segment [Member]
Recorded investment, nonaccrual	495	570
Loans and leases past due over 90 days still accruing
Troubled debt restructurings	506	546
Agricultural Real Estate [Member]
Recorded investment, nonaccrual	6	11
Loans and leases past due over 90 days still accruing
Troubled debt restructurings
Commercial Portfolio Segment [Member]
Recorded investment, nonaccrual
Loans and leases past due over 90 days still accruing
Troubled debt restructurings	768	769
Agriculture [Member]
Recorded investment, nonaccrual
Loans and leases past due over 90 days still accruing
Troubled debt restructurings
Consumer Portfolio Segment [Member]
Recorded investment, nonaccrual		6
Loans and leases past due over 90 days still accruing
Troubled debt restructurings

Note 4 - Loans and Leases - Agi

Note 4 - Loans and Leases - Aging of the Recorded Investment in Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Past due	$ 1,437	$ 2,515
Loans and leases not past due	634,936	631,588
Total loans and leases balance	636,373	634,103
Financial Asset, 30 to 59 Days Past Due [Member]
Past due	1,121	1,943
Financial Asset, 60 to 89 Days Past Due [Member]
Past due		181
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	316	391
Residential 1 - 4 Family Real Estate [Member]
Past due	258	968
Loans and leases not past due	104,943	110,093
Total loans and leases balance	105,201	111,061
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	154	795
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	104	173
Commercial and Multi-Family Real Estate [Member]
Past due	1,179	861
Loans and leases not past due	318,405	330,154
Total loans and leases balance	319,584	331,015
Commercial and Multi-Family Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	967	468
Commercial and Multi-Family Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due		181
Commercial and Multi-Family Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	212	212
Agriculture [Member]
Past due
Loans and leases not past due	7,878	9,707
Total loans and leases balance	7,878	9,707
Agriculture [Member] | Real Estate Loan [Member]
Past due
Loans and leases not past due	46,266	43,817
Total loans and leases balance	46,266	43,817
Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due
Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Real Estate Loan [Member]
Past due
Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due
Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Real Estate Loan [Member]
Past due
Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due
Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Real Estate Loan [Member]
Past due
Commercial Portfolio Segment [Member]
Past due		676
Loans and leases not past due	151,156	130,897
Total loans and leases balance	151,156	131,573
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due		676
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due
Consumer Portfolio Segment [Member]
Past due		10
Loans and leases not past due	6,288	6,920
Total loans and leases balance	6,288	6,930
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due		4
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due		$ 6

Note 4 - Loans and Leases - Loa

Note 4 - Loans and Leases - Loans by Credit Quality Indicators (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans receivable	$ 636,373	$ 634,103
Pass [Member]
Loans receivable	412,093	426,998
Special Mention [Member]
Loans receivable	4,973	7,459
Substandard [Member]
Loans receivable	15,932	14,066
Doubtful [Member]
Loans receivable
Not Rated [Member]
Loans receivable	203,375	185,580
Residential 1 - 4 Family Real Estate [Member]
Loans receivable	105,201	111,061
Residential 1 - 4 Family Real Estate [Member] | Pass [Member]
Loans receivable	3,969	6,767
Residential 1 - 4 Family Real Estate [Member] | Special Mention [Member]
Loans receivable
Residential 1 - 4 Family Real Estate [Member] | Substandard [Member]
Loans receivable
Residential 1 - 4 Family Real Estate [Member] | Doubtful [Member]
Loans receivable
Residential 1 - 4 Family Real Estate [Member] | Not Rated [Member]
Loans receivable	101,232	104,294
Commercial and Multi-Family Real Estate [Member]
Loans receivable	319,584	331,015
Commercial and Multi-Family Real Estate [Member] | Pass [Member]
Loans receivable	347,651	356,163
Commercial and Multi-Family Real Estate [Member] | Special Mention [Member]
Loans receivable	4,501	6,964
Commercial and Multi-Family Real Estate [Member] | Substandard [Member]
Loans receivable	13,652	11,536
Commercial and Multi-Family Real Estate [Member] | Doubtful [Member]
Loans receivable
Commercial and Multi-Family Real Estate [Member] | Not Rated [Member]
Loans receivable	46	169
Commercial Portfolio Segment [Member]
Loans receivable	151,156	131,573
Commercial Portfolio Segment [Member] | Pass [Member]
Loans receivable	60,473	64,068
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans receivable	472	495
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans receivable	2,280	2,530
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Commercial Portfolio Segment [Member] | Not Rated [Member]
Loans receivable	95,809	74,187
Consumer Portfolio Segment [Member]
Loans receivable	6,288	6,930
Consumer Portfolio Segment [Member] | Pass [Member]
Loans receivable
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans receivable
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans receivable
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans receivable
Consumer Portfolio Segment [Member] | Not Rated [Member]
Loans receivable	$ 6,288	$ 6,930

Note 4 - Loans and Leases - Per

Note 4 - Loans and Leases - Performance of Loan Portfolio (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans receivable	$ 203,375	$ 185,580
Residential Portfolio Segment [Member]
Loans receivable	101,232	104,294
Commercial and Multi-Family Real Estate [Member]
Loans receivable	46	169
Commercial Portfolio Segment [Member]
Loans receivable	95,809	74,187
Consumer Portfolio Segment [Member]
Loans receivable	6,288	6,930
Performing Financial Instruments [Member]
Loans receivable	203,255	185,385
Performing Financial Instruments [Member] | Residential Portfolio Segment [Member]
Loans receivable	101,128	104,121
Performing Financial Instruments [Member] | Commercial and Multi-Family Real Estate [Member]
Loans receivable	30	153
Performing Financial Instruments [Member] | Commercial Portfolio Segment [Member]
Loans receivable	95,809	74,187
Performing Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Loans receivable	6,288	6,924
Nonperforming Financial Instruments [Member]
Loans receivable	120	195
Nonperforming Financial Instruments [Member] | Residential Portfolio Segment [Member]
Loans receivable	104	173
Nonperforming Financial Instruments [Member] | Commercial and Multi-Family Real Estate [Member]
Loans receivable	16	16
Nonperforming Financial Instruments [Member] | Commercial Portfolio Segment [Member]
Loans receivable
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Loans receivable		$ 6

Note 4 - Loans and Leases - Sch

Note 4 - Loans and Leases - Schedule of Loans Acquired in Acquisition (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)
Ohio State Bancshares Inc [Member] | Performing Financial Instruments [Member]
Contractual principal receivable, beginning balance	$ 10,181
Accretable difference, beginning balance	(319)
Carrying amount, beginning balance	9,862
Contractual principal receivable, change due to payments received	(1,107)
Accretable difference, change due to payments received	43
Carrying amount, change due to payments received	(1,064)
Contractual principal receivable, ending balance	9,074
Accretable difference, ending balance	(276)
Carrying amount, ending balance	8,798
Ohio State Bancshares Inc [Member] | Nonperforming Financial Instruments [Member]
Contractual principal receivable, beginning balance	109
Accretable difference, beginning balance	(59)
Carrying amount, beginning balance	50
Contractual principal receivable, change due to payments received	(20)
Accretable difference, change due to payments received	23
Carrying amount, change due to payments received	3
Contractual principal receivable, ending balance	89
Accretable difference, ending balance	(36)
Carrying amount, ending balance	53
Benchmark Bancorp, Inc. [Member] | Performing Financial Instruments [Member]
Contractual principal receivable, beginning balance	37,386
Accretable difference, beginning balance	(655)
Carrying amount, beginning balance	36,731
Contractual principal receivable, change due to payments received	(5,829)
Accretable difference, change due to payments received	142
Carrying amount, change due to payments received	(5,687)
Contractual principal receivable, ending balance	31,557
Accretable difference, ending balance	(513)
Carrying amount, ending balance	31,044
Benchmark Bancorp, Inc. [Member] | Nonperforming Financial Instruments [Member]
Contractual principal receivable, beginning balance	287
Accretable difference, beginning balance	(173)
Carrying amount, beginning balance	114
Contractual principal receivable, change due to payments received	(31)
Accretable difference, change due to payments received	6
Carrying amount, change due to payments received	(25)
Contractual principal receivable, ending balance	256
Accretable difference, ending balance	(167)
Carrying amount, ending balance	$ 89

Note 5 - Other Borrowings (Deta

Note 5 - Other Borrowings (Details Textual)	Mar. 31, 2021USD ($)
Long-Term Debt, Maturity, Remainder of Fiscal Year	$ 750,000
Long-Term Debt, Maturity, Year One	6,750,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 153,411,000

Note 5 - Other Borrowings - Com

Note 5 - Other Borrowings - Composition of Other Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Other Borrowings	$ 7,500	$ 7,750	$ 7,750
Note Payable With Interest At 4.875% [Member]
Other Borrowings	$ 7,500		$ 7,750

Note 5 - Other Borrowings - C_2

Note 5 - Other Borrowings - Composition of Other Borrowings (Details) (Parentheticals) - Note Payable With Interest At 4.875% [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Debt instrument, interest rate, stated percentage	4.875%	4.875%
Debt instrument, maturity date	Sep. 1, 2022	Sep. 1, 2022
Debt instrument, periodic principal payments	$ 250	$ 250

Note 6 - Junior Subordinated _2

Note 6 - Junior Subordinated Deferrable Interest Debentures (Details Textual)	3 Months Ended		12 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)
Investments in and Advances to Affiliates, Balance, Principal Amount	$ 300,000
Guarantor Obligations, Maximum Exposure, Undiscounted	10,000,000
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total	$ 12,950,000		$ 12,942,000
Subordinated Borrowing, Interest Rate	3.35%		3.40%
Subordinated Debenture, Default, Interest Payment Deferment Quarterly Periods	20
Other Long-term Debt, Total	$ 2,650,000		$ 2,642,000
Interest Expense, Debt, Total	$ 108,000	$ 161,000
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	3.15%
Trust Preferred Securities [Member]
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total	$ 10,300,000
Trust Preferred Securities [Member] | Ohio State Bancshares Inc [Member]
Subordinated Borrowing, Interest Rate	3.07%		3.06%
Business Combination, Consideration Transferred, Liabilities Incurred	$ 3,093,000
Trust Preferred Securities [Member] | London Interbank Offered Rate (LIBOR) [Member] | Ohio State Bancshares Inc [Member]
Debt Instrument, Basis Spread on Variable Rate	2.85%
Guaranteed Trust Preferred Securities [Member] | Ohio State Bancshares Inc [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 3,000,000
Trusted Preferred Securities Secured by an Investment [Member] | Ohio State Bancshares Inc [Member]
Business Combination, Consideration Transferred, Liabilities Incurred	$ 93,000

Note 7 - Fair Value Measureme_3

Note 7 - Fair Value Measurements (Details Textual)	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Financial Liabilities Fair Value Disclosure, Total	$ 907,254,000	$ 858,050,000
Assets, Fair Value Disclosure	$ 952,817,000	905,644,000
Measurement Input, Appraised Value [Member] | Minimum [Member]
Impaired Loans, Measurement Input	0.15
Mortgage Servicing Rights, Measurement Input	0.08
Other Real Estate Owned, Measurement Input	0.1
Measurement Input, Appraised Value [Member] | Maximum [Member]
Impaired Loans, Measurement Input	0.35
Mortgage Servicing Rights, Measurement Input	0.1
Other Real Estate Owned, Measurement Input	0.3
Measurement Input, Cost to Sell [Member] | Minimum [Member]
Impaired Loans, Measurement Input	0.1
Other Real Estate Owned, Measurement Input	0.1
Measurement Input, Cost to Sell [Member] | Maximum [Member]
Impaired Loans, Measurement Input	0.2
Other Real Estate Owned, Measurement Input	0.2
Fair Value, Inputs, Level 3 [Member]
Impaired Financing Receivable, Recorded Investment, Total	$ 1,535,000	1,463,000
Fair Value, Recurring [Member]
Financial Liabilities Fair Value Disclosure, Total	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Assets, Fair Value Disclosure	$ 1,650,000	$ 1,132,000

Note 7 - Fair Value Measureme_4

Note 7 - Fair Value Measurements - Reconciliation and Income Statement Classification of Gains and Losses (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Balance at beginning of period	$ 1,132	$ 1,061
Purchases, issuances, and settlements	229	690
Disposals - amortization based on loan payments and payoffs	(51)	(326)
Changes in fair value	340	(293)
Balance at end of period	$ 1,650	$ 1,132

Note 8 - Fair Value of Financ_3

Note 8 - Fair Value of Financial Instruments (Details Textual) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Commitments to Extend Credit [Member]
Other Commitment, Total	$ 189,957,000	$ 156,385,000

Note 8 - Fair Value of Financ_4

Note 8 - Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Recognized Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Total Financial Assets	$ 952,817	$ 905,644
Total Financial Liabilities	907,254	858,050
Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	97,886	57,034
Fair Value, Inputs, Level 1 [Member] | Non-Maturity Deposits [Member]
Deposits	734,632	686,047
Fair Value, Inputs Level 2 and Level 3 [Member]
Securities, including FHLB stock	206,034	200,178
Fair Value, Inputs, Level 3 [Member]
Loans held for sale	17,873	18,427
Net loans and leases	627,218	625,628
Mortgage servicing rights	1,650	1,132	$ 1,061
Hedging assets	2,156	3,245
Other borrowings	7,500	7,750
Junior subordinated deferrable interest debentures	10,439	10,300
Hedging liabilities		616
Fair Value, Inputs, Level 3 [Member] | Maturity Deposits [Member]
Deposits	154,683	153,337
Reported Value Measurement [Member]
Total Financial Assets	951,671	904,125
Total Financial Liabilities	909,011	859,686
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	97,886	57,034
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Non-Maturity Deposits [Member]
Deposits	734,632	686,047
Reported Value Measurement [Member] | Fair Value, Inputs Level 2 and Level 3 [Member]
Securities, including FHLB stock	206,034	200,178
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	17,873	18,427
Net loans and leases	626,072	624,109
Mortgage servicing rights	1,650	1,132
Hedging assets	2,156	3,245
Other borrowings	7,500	7,750
Junior subordinated deferrable interest debentures	12,950	12,942
Hedging liabilities		616
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Maturity Deposits [Member]
Deposits	$ 153,929	$ 152,331

Note 9 - Stock Options (Details

Note 9 - Stock Options (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)
Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)			63,858	33,853	31,267
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)			$ 19.83	$ 22.97	$ 23.30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares (in shares)	65,749	57,033
Share-based Payment Arrangement, Expense, after Tax	$ 45,000	$ 60,000
Share-based Payment Arrangement, Option [Member] | Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	250,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)	7 years 328 days
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 308,000	$ 223,000	$ 175,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Month)			3 years	3 years	3 years

Note 9 - Stock Options - Summar

Note 9 - Stock Options - Summary of Activity for Stock Options (Details) - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Outstanding, beginning of period (in shares)	157,817	117,647	117,647
Granted (in shares)
Exercised (in shares)	(2,520)
Forfeited (in shares)
Outstanding, end of period (in shares)	155,297	117,647	157,817
Weighted average exercise price at end of quarter (in dollars per share)	$ 19.80	$ 21.81

Note 9 - Stock Options - Schedu

Note 9 - Stock Options - Schedule of Assumptions Used In Calculating the Fair Value of Options Granted (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Weighted-average fair value of options granted (in dollars per share)	$ 4.83	$ 7.77	$ 7.87
Average dividend yield	2.93%	2.26%	2.18%
Expected volatility	40.00%	40.00%	40.00%
Risk-free interest rate	0.49%	1.93%	2.81%
Expected term (years) (Year)	7 years	7 years	7 years

Note 10 - Non-interest Income -

Note 10 - Non-interest Income - Non-interest Income (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Gain on sale of loans	[1]	$ 4,576	$ 2,583
Net securities losses (1)	[1]	(5)
Change in fair value of mortgage servicing rights	[1]	340	(243)
Increase in cash surrender value of life insurance	[1]	118	96
Net loan servicing fees	[1]	121	85
Other non-interest income		(179)	(454)
Total non-interest income		5,741	2,834
Deposit Account [Member]
Revenues		241	350
Credit and Debit Card [Member]
Revenues		430	332
Investment Advisory, Management and Administrative Service [Member]
Revenues		$ 99	$ 85
[1]	Not within the scope of ASC 606

Note 11 - Subsequent Events (De

Note 11 - Subsequent Events (Details Textual) - Subsequent Event [Member]	Apr. 20, 2021$ / shares
Dividends Payable, Amount Per Share (in dollars per share)	$ 0.17
Dividends Payable, Date to be Paid	Jun. 15, 2021
Dividends Payable, Date of Record	May 28, 2021