United Bancshares (UBOH) 10-Q 2 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	9 Months Ended
	Sep. 30, 2021shares
Document Information [Line Items]
Entity Central Index Key	0001087456
Entity Registrant Name	UNITED BANCSHARES INC/OH
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	333-86453
Entity Incorporation, State or Country Code	OH
Entity Address, Address Line One	105 Progressive Drive
Entity Address, City or Town	Columbus Grove
Entity Address, State or Province	OH
Entity Tax Identification Number	34-1516518
Entity Address, Postal Zip Code	45830
City Area Code	419
Local Phone Number	659-2141
Title of 12(b) Security	Common Stock, No Par Value
Trading Symbol	UBOH
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	3,275,430

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
CASH AND CASH EQUIVALENTS
Cash and due from banks	$ 19,243	$ 10,446
Interest-bearing deposits in other banks	101,936	46,588
Total cash and cash equivalents	121,179	57,034
Available-for-sale securities, Fair Value	270,198	194,580
FEDERAL HOME LOAN BANK STOCK, at cost	5,129	5,598
LOANS HELD FOR SALE	14,545	18,427
LOANS AND LEASES	589,925	634,103
Less allowance for loan and lease losses	10,325	9,994
Net loans and leases	579,600	624,109
PREMISES AND EQUIPMENT, net	20,522	19,341
GOODWILL	28,616	28,616
CORE DEPOSIT INTANGIBLE ASSETS, net	535	643
CASH SURRENDER VALUE OF LIFE INSURANCE	19,290	18,981
OTHER ASSETS, including accrued interest receivable	10,634	11,203
TOTAL ASSETS	1,070,248	978,532
Deposits:
Non-interest-bearing	193,369	185,915
Interest-bearing	734,443	652,463
Total deposits	927,812	838,378
Other borrowings	7,000	7,750
Junior subordinated deferrable interest debentures	12,967	12,942
Other liabilities	6,325	7,863
Total liabilities	954,104	866,933
SHAREHOLDERS’ EQUITY
Common stock, stated value $1.00, authorized 10,000,000 shares; issued 3,760,557 shares	3,769	3,761
Surplus	15,571	15,438
Retained earnings	101,840	92,716
Accumulated other comprehensive income	3,102	7,355
Treasury stock, at cost, 485,127 shares at September 30, 2021 and 488,573 shares at December 31, 2020	(8,138)	(7,671)
Total shareholders’ equity	116,144	111,599
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,070,248	$ 978,532

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 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)	485,127	488,573

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021		Sep. 30, 2020
INTEREST INCOME
Loans and leases, including fees	$ 9,338	$ 9,110	$ 25,807		$ 26,106
Securities:
Taxable	492	435	1,370		1,533
Tax-exempt	744	539	2,028		1,548
Other	74	16	181		223
Total interest income	10,648	10,100	29,386		29,410
INTEREST EXPENSE
Deposits	548	789	1,795		3,282
Other borrowings	197	913	599		2,020
Total interest expense	745	1,702	2,394		5,302
Net interest income	9,903	8,398	26,992		24,108
PROVISION FOR LOAN AND LEASE LOSSES	0	3,000	300		4,450
Net interest income after provision for loan and lease losses	9,903	5,398	26,692		19,658
NON-INTEREST INCOME
Gain on sale of loans	3,799	8,484	11,257	[1]	17,032	[1]
Net securities gains (losses)	(4)	1	(7)	[1]	288	[1]
Other non-interest income	917	2,659	2,980		4,779
Total non-interest income	4,712	11,144	14,229		22,099
NON-INTEREST EXPENSES	9,680	10,084	27,859		27,099
INCOME BEFORE INCOME TAXES	4,935	6,458	13,063		14,658
PROVISION FOR INCOME TAXES	843	1,208	2,200		2,652
NET INCOME	$ 4,092	$ 5,250	$ 10,863		$ 12,006
NET INCOME PER SHARE
Basic (in dollars per share)	$ 1.25	$ 1.61	$ 3.31		$ 3.67
Diluted (in dollars per share)	$ 1.23	$ 1.60	$ 3.28		$ 3.67
Weighted average common shares outstanding (basic) (in shares)	3,277,070	3,271,402	3,277,919		3,270,705
Weighted average common shares outstanding (diluted) (in shares)	3,313,387	3,274,784	3,314,236		3,274,087
[1]	Not within the scope of ASC 606

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 4,092	$ 5,250	$ 10,863	$ 12,006
OTHER COMPREHENSIVE INCOME
Unrealized holding gains (losses) during period	(3,409)	(248)	(5,391)	4,793
Reclassification adjustments for losses (gains) included in net income	4	(1)	7	(288)
Other comprehensive income (loss), before income taxes	(3,405)	(249)	(5,384)	4,505
Income tax expense (benefit) related to items of other comprehensive income	(715)	(52)	(1,131)	946
Other comprehensive income (loss)	(2,690)	(197)	(4,253)	3,559
COMPREHENSIVE INCOME	$ 1,402	$ 5,053	$ 6,610	$ 15,565

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	0	0	12,006	0	0	12,006
Other comprehensive income	0	0	0	3,559	0	3,559
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan	0	33	0	0	56	89
Stock option expense	0	119	0	0	0	119
Cash dividends declared	0	0	(1,145)	0	0	(1,145)
BALANCE at Sep. 30, 2020	3,761	15,403	91,490	6,431	(7,676)	109,409
BALANCE at Jun. 30, 2020	3,761	15,396	86,698	6,628	(7,689)	104,794
Net income	0	0	5,250	0	0	5,250
Other comprehensive income	0	0	0	(197)	0	(197)
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan	0	7	0	0	13	20
Stock option expense	0	0	0	0	0	0
Cash dividends declared	0	0	(458)	0	0	(458)
BALANCE at Sep. 30, 2020	3,761	15,403	91,490	6,431	(7,676)	109,409
BALANCE at Dec. 31, 2020	3,761	15,438	92,716	7,355	(7,671)	111,599
Net income	0	0	10,863	0	0	10,863
Other comprehensive income	0	0	0	(4,253)	0	(4,253)
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan	0	46	0	0	188	234
Repurchase of 11,651 Shares	0	0	0	0	(368)	(368)
Stock option expense	0	127	0	0	0	127
Stock option exercise, net of shares repurchased and retired	8	(40)	0	0	(287)	(319)
Cash dividends declared	0	0	(1,739)	0	0	(1,739)
BALANCE at Sep. 30, 2021	3,769	15,571	101,840	3,102	(8,138)	116,144
BALANCE at Jun. 30, 2021	3,761	15,317	98,405	5,792	(7,559)	115,716
Net income	0	0	4,092	0	0	4,092
Other comprehensive income	0	0	0	(2,690)	0	(2,690)
Shares issued from treasury in connection with the Corporation's Employee Stock Purchase Plan	0	38	0	0	76	114
Repurchase of 11,651 Shares	0	0	0	0	(368)	(368)
Stock option expense	0	58	0	0	0	58
Stock option exercise, net of shares repurchased and retired	8	158	0	0	(287)	(121)
Cash dividends declared	0	0	(657)	0	0	(657)
BALANCE at Sep. 30, 2021	$ 3,769	$ 15,571	$ 101,840	$ 3,102	$ (8,138)	$ 116,144

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Stock issued during the period, shares, Employee Stock Purchase Plans (in shares)	4,851	1,680	11,943	3,556
Repurchase of shares (in shares)	11,651		11,651
Stock option exercise, shares repurchased and retired (in shares)	3,749		10,096
Cash dividends declared per share (in dollars per share)	$ 0.20	$ 0.14	$ 0.51	$ 0.35

Condensed Consolidated Statem_2

Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES	$ 14,728	$ (10,662)
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales, calls and maturities of available-for-sale securities	25,789	44,277
Purchases of available-for-sale securities	(107,385)	(39,569)
Purchases of FHLB stock	0	(296)
Proceeds from FHLB stock redemption	469
Net decrease (increase) in loans and leases	44,378	(86,903)
Purchases of premises and equipment	(304)	(510)
Net cash used in investing activities	(37,053)	(83,001)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	89,412	113,833
Repayments of other borrowings	(750)	(15,750)
Proceeds from sale of treasury shares	233	89
Purchase of Treasury Shares	(686)	0
Cash dividends paid	(1,739)	(1,145)
Net cash provided by financing activities	86,470	97,027
NET INCREASE IN CASH AND CASH EQUIVALENTS	64,145	3,364
At beginning of period	57,034	26,412
At end of period	121,179	29,776
SUPPLEMENTAL CASH FLOW DISCLOSURES
Interest	2,473	5,525
Federal income taxes	1,370	1,450
Non-cash investing activities:
Change in net unrealized gain or loss on available-for-sale securities	$ (5,392)	$ 4,505

Note 1 - Consolidated Financial

Note 1 - Consolidated Financial Statements	9 Months Ended
	Sep. 30, 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 nine September 30, 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	9 Months Ended
	Sep. 30, 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 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 04, 848 March 12, 2020 December 31, 2022. not In January 2021, 2021 01, 848 not

Note 3 - Securities

Note 3 - Securities	9 Months Ended
	Sep. 30, 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 September 30, 2021 December 31, 2020 (in thousands) September 30, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Agency $ 2,500 $ 10 $ - $ 2,510 Obligations of states and political subdivisions 134,518 4,806 1,526 137,798 Mortgage-backed 127,902 1,659 1,023 128,538 Other 1,352 - - 1,352 Total $ 266,272 $ 6,475 $ 2,549 $ 270,198 (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	9 Months Ended
	Sep. 30, 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 nine September 30, 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 120 486 (294 ) (12 ) 300 Losses charged off - - - (10 ) (10 ) Recoveries 6 30 1 4 41 Balance at September 30, 2021 $ 1,809 $ 7,180 $ 1,222 $ 114 $ 10,325 Balance at December 31, 2019 $ 592 $ 2,536 $ 939 $ 64 $ 4,131 Provision charged to expenses 919 2,977 482 72 4,450 Losses charged off (97 ) (45 ) (4 ) (19 ) (165 ) Recoveries 8 14 13 - 35 Balance at September 30, 2020 $ 1,422 $ 5,482 $ 1,430 $ 117 $ 8,451 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 September 30, 2021 December 31, 2020 (in thousands) September 30, 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 $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,809 7,180 1,222 114 10,325 Total allowance for loan and lease losses $ 1,809 $ 7,180 $ 1,222 $ 114 $ 10,325 Loans and leases: Individually evaluated for impairment $ - $ 1,292 $ 1,306 $ - $ 2,598 Acquired with deteriorated credit quality 76 122 - - 198 Collectively evaluated for impairment 111,014 383,561 86,655 5,899 587,129 Total ending loans and leases balance $ 111,090 $ 384,975 $ 87,961 $ 5,899 $ 589,925 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 nine September 30, 2021 nine September 30, 2020 September 30, 2021 September 30, 2020 $149 ,00 0 nine September 30, 2021 nine September 30, 2020 The following table presents the recorded investment in nonaccrual loans and leases, loans and leases past due over 90 September 30, 2021 December 31, 2020 (in thousands) September 30, 2021 Nonaccrual Loans and leases past due over 90 days still accruing Accruing Troubled Debt Restructurings Residential 1-4 family real estate $ 178 $ - $ 144 Commercial and multi-family real estate 121 - 496 Agricultural real estate - - - Commercial - - 767 Agriculture - - - Consumer - - - Total $ 299 $ - $ 1,407 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 September 30, 2021 December 31, 2020 (in thousands) September 30, 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 $ 251 $ 11 $ 49 $ 311 $ 110,779 $ 111,090 Commercial and multi-family real estate 174 - 17 191 333,584 333,775 Agricultural real estate - - - - 51,200 51,200 Commercial - 75 1 76 78,383 78,459 Agriculture - - - - 9,502 9,502 Consumer 7 - - 7 5,892 5,899 Total $ 432 $ 86 $ 67 $ 585 $ 589,340 $ 589,925 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 September 30, 2021 December 31, 2020 (in thousands) September 30, 2021 Pass Special Mention Substandard Doubtful Not rated Residential 1 - 4 family $ 2,501 $ - $ - $ - $ 108,589 Commercial and multi- family real estate 365,141 6,258 13,550 - 26 Commercial 62,921 585 2,022 - 22,433 Consumer - - - - 5,899 Total $ 430,563 $ 6,843 $ 15,572 $ - $ 136,947 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 September 30, 2021 December 31, 2020 (in thousands) September 30, 2021 Residential 1-4 family Commercial and multi-family real estate Commercial Consumer Total Performing $ 108,540 $ 10 $ 22,432 $ 5,899 $ 136,881 Nonperforming 49 16 1 - 66 Total $ 108,589 $ 26 $ 22,433 $ 5,899 $ 136,947 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 modifications for TDR loans and leases for which there was a payment default during the nine September 30, 2021 . As a result of the COVID- 19 90 90 At September 30, 2021 , 1 19 loans were modified or extended, approximating $4 1.0 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 (2,679 ) 115 (2,564 ) Balance at September 30, 2021 $ 7,502 $ (204 ) $ 7,298 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 109 $ (59 ) $ 50 Change due to payments received (43 ) 48 5 Balance at September 30, 2021 $ 66 $ (11 ) $ 55 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 (12,674 ) 239 (12,435 ) Balance at September 30, 2021 $ 24,712 $ (416 ) $ 24,296 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 287 $ (173 ) $ 114 Change due to payments received (6 ) 35 29 Balance at September 30, 2021 $ 281 $ (138 ) $ 143 There was no provision for loan and lease losses recognized during the nine September 30, 2021 2020 no

Note 5 - Other Borrowings

Note 5 - Other Borrowings	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 5 Other borrowings consists of the following at September 30, 2021 December 31, 2020 (in thousands) September 30, December 31, 2021 2020 United Bankers Bank Note payable, with interest at 4.875% $250,000 September 1, 2022 7,000 7,750 Total other borrowings $ 7,000 $ 7,750 Future maturities of other borrowings are as follows: 2021, $250,000; 2022, The Corporatio n had $152,186,000 of borrow June 30, 2021.

Note 6 - Junior Subordinated De

Note 6 - Junior Subordinated Deferrable Interest Debentures	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	NOTE 6 The Corporation has formed and invested $300,000 in a business trust, United (OH) Statutory Trust (“United Trust”) which is not March 26, 2033. March 26, 2008, may 3 ng to 3.28% a September 30, 2021 December 31, 2020 not The Corporation assumed $3,093,000 of trust preferred securities through the OSB acquisition with $3,000,000 of the liability guaranteed by the Corporation and the remaining $93,000 secured by an investment in the trust preferred securities. The trust preferred securities carrying value as of September 30, 2021 December 31, 2020 as $2,667,000 and April 23, 2034. 3 nting to 2.99% a September 30, 2021 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 $323, 00 0 nine September 30, 2021 2020

Note 7 - Fair Value Measurement

Note 7 - Fair Value Measurements	9 Months Ended
	Sep. 30, 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 financial liabilities) measured at fair value on a recurring basis at September 30, 2021 December 31, 2020 1 2 September 30, 2021 December 31, 2020 3 September 30, 2021 ling December 31, 2020 no September 30, 2021. There were no September 30, 2021 September 30, 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 nine September 30, 2021 December 31, 2020 (in thousands) September 30, 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 507 690 Disposals - amortization based on loan payments and payoffs (143 ) (326 ) Changes in fair value 263 (293 ) Balance at end of period $ 1,759 $ 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 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% and 10%, in addition to prepayment, internal rate of return, servicing costs, inflation rate of servicing costs and earnings rate assumptions that are considered to be unobservable inputs. Due to the significance of the Level 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 September 30, 2021 December 31, 2020

Note 8 - Fair Value of Financia

Note 8 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	NOTE 8 The carrying amounts and estimated fair values of recognized financial instruments at September 30, 2021 December 31, 2020 (in thousands) September 30, 2021 December 31, 2020 Carrying amount Estimated value Carrying amount Estimated value Input Level FINANCIAL ASSETS Cash and cash equivalents $ 121,179 $ 121,179 $ 57,034 $ 57,034 1 Securities, including FHLB stock 275,327 275,327 200,178 200,178 2,3 Loans held for sale 14,545 14,545 18,427 18,427 3 Net loans and leases 579,600 580,877 624,109 625,628 3 Mortgage servicing rights 1,759 1,759 1,132 1,132 3 Hedging assets 1,616 1,616 3,245 3,245 3 Total Financial Assets $ 994,026 $ 995,303 $ 904,125 $ 905,644 FINANCIAL LIABILITIES Deposits Maturity $ 152,284 $ 152,530 $ 152,331 $ 153,337 3 Non-maturity 775,528 775,528 686,047 686,047 1 Other borrowings 7,000 7,000 7,750 7,750 3 Junior subordinated deferrable interest debentures 12,967 10,667 12,942 10,300 3 Hedging liabilities - - 616 616 3 Total Financial Liabilities $ 947,779 $ 945,725 $ 859,686 $ 858,050 The above summary does not There are also unrecognized financial instruments at September 30, 2021 December 31, 2020 September 30, 2021 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	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	NOTE 9 The United Bancshares, Inc. 2016 The Corporation issued 21,958 options during 2021 2020 2019 r the Plan. Following is a summary of act nine September 30, 2021 September 30, 2020 September 30, September 30, 2021 2020 Outstanding, beginning of period 157,817 117,647 Granted 21,958 63,858 Exercised (26,087 ) - Forfeited (12,659 ) (20,733 ) Outstanding, end of period 141,029 160,772 Weighted average exercise price at end of quarter $ 22.24 $ 19.82 Options vest over a three September 30, 2021 September 30, 2020 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: 2021 2020 2019 Weighted-average fair value of options granted $ 11.19 $ 4.83 $ 7.77 Average dividend yield 2.23 % 2.93 % 2.26 % Expected volatility 40.00 % 40.00 % 40.00 % Risk-free interest rate 1.00 % 0.49 % 1.93 % Expected term (years) 7 7 7 Total compensation expense related to the stock options granted in 2021, July 1, 2021. 2020, July 1, 2020. 2019, July 1, 2019. 2018, September 1, 2018. nine September 30, 2021 nine September 30, 2020

Note 10 - Non-interest Income

Note 10 - Non-interest Income	9 Months Ended
	Sep. 30, 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 nine September 30, 2021 2020 606 Nine Months ended September 30, 2021 2020 Service charges on deposit accounts $ 790 $ 827 Gain on sale of loans (1) 11,257 17,032 Net securities gains (losses) (1) (7 ) 288 Change in fair value of mortgage servicing rights (1) 264 (387 ) Increase in cash surrender value of life insurance (1) 309 283 Other Credit and debit card interchange fees 1,365 1,113 Wealth management 304 237 Net loan servicing fees (1) 367 171 Other non-interest income (420 ) 2,535 Total non-interest income $ 14,229 $ 22,099 ( 1 Not 606

Note 11 - Subsequent Events

Note 11 - Subsequent Events	9 Months Ended
	Sep. 30, 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 September 30, 2021 September 30, 2021 September 30, 2021 not September 30, 2021 not September 30, 2021 O n July 20, 2021, December 15, 2021 November 30 , 2021.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 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 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 04, 848 March 12, 2020 December 31, 2022. not In January 2021, 2021 01, 848 not

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	(in thousands) September 30, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Available-for-sale: Agency $ 2,500 $ 10 $ - $ 2,510 Obligations of states and political subdivisions 134,518 4,806 1,526 137,798 Mortgage-backed 127,902 1,659 1,023 128,538 Other 1,352 - - 1,352 Total $ 266,272 $ 6,475 $ 2,549 $ 270,198 (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)	9 Months Ended
	Sep. 30, 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 120 486 (294 ) (12 ) 300 Losses charged off - - - (10 ) (10 ) Recoveries 6 30 1 4 41 Balance at September 30, 2021 $ 1,809 $ 7,180 $ 1,222 $ 114 $ 10,325 Balance at December 31, 2019 $ 592 $ 2,536 $ 939 $ 64 $ 4,131 Provision charged to expenses 919 2,977 482 72 4,450 Losses charged off (97 ) (45 ) (4 ) (19 ) (165 ) Recoveries 8 14 13 - 35 Balance at September 30, 2020 $ 1,422 $ 5,482 $ 1,430 $ 117 $ 8,451
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	(in thousands) September 30, 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 $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,809 7,180 1,222 114 10,325 Total allowance for loan and lease losses $ 1,809 $ 7,180 $ 1,222 $ 114 $ 10,325 Loans and leases: Individually evaluated for impairment $ - $ 1,292 $ 1,306 $ - $ 2,598 Acquired with deteriorated credit quality 76 122 - - 198 Collectively evaluated for impairment 111,014 383,561 86,655 5,899 587,129 Total ending loans and leases balance $ 111,090 $ 384,975 $ 87,961 $ 5,899 $ 589,925 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) September 30, 2021 Nonaccrual Loans and leases past due over 90 days still accruing Accruing Troubled Debt Restructurings Residential 1-4 family real estate $ 178 $ - $ 144 Commercial and multi-family real estate 121 - 496 Agricultural real estate - - - Commercial - - 767 Agriculture - - - Consumer - - - Total $ 299 $ - $ 1,407 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) September 30, 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 $ 251 $ 11 $ 49 $ 311 $ 110,779 $ 111,090 Commercial and multi-family real estate 174 - 17 191 333,584 333,775 Agricultural real estate - - - - 51,200 51,200 Commercial - 75 1 76 78,383 78,459 Agriculture - - - - 9,502 9,502 Consumer 7 - - 7 5,892 5,899 Total $ 432 $ 86 $ 67 $ 585 $ 589,340 $ 589,925 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) September 30, 2021 Pass Special Mention Substandard Doubtful Not rated Residential 1 - 4 family $ 2,501 $ - $ - $ - $ 108,589 Commercial and multi- family real estate 365,141 6,258 13,550 - 26 Commercial 62,921 585 2,022 - 22,433 Consumer - - - - 5,899 Total $ 430,563 $ 6,843 $ 15,572 $ - $ 136,947 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) September 30, 2021 Residential 1-4 family Commercial and multi-family real estate Commercial Consumer Total Performing $ 108,540 $ 10 $ 22,432 $ 5,899 $ 136,881 Nonperforming 49 16 1 - 66 Total $ 108,589 $ 26 $ 22,433 $ 5,899 $ 136,947 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 (2,679 ) 115 (2,564 ) Balance at September 30, 2021 $ 7,502 $ (204 ) $ 7,298 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 109 $ (59 ) $ 50 Change due to payments received (43 ) 48 5 Balance at September 30, 2021 $ 66 $ (11 ) $ 55 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 (12,674 ) 239 (12,435 ) Balance at September 30, 2021 $ 24,712 $ (416 ) $ 24,296 Purchased Impaired Loans and Leases Balance at December 31, 2020 $ 287 $ (173 ) $ 114 Change due to payments received (6 ) 35 29 Balance at September 30, 2021 $ 281 $ (138 ) $ 143

Note 5 - Other Borrowings (Tabl

Note 5 - Other Borrowings (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Debt [Table Text Block]	(in thousands) September 30, December 31, 2021 2020 United Bankers Bank Note payable, with interest at 4.875% $250,000 September 1, 2022 7,000 7,750 Total other borrowings $ 7,000 $ 7,750

Note 7 - Fair Value Measureme_2

Note 7 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	(in thousands) September 30, 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 507 690 Disposals - amortization based on loan payments and payoffs (143 ) (326 ) Changes in fair value 263 (293 ) Balance at end of period $ 1,759 $ 1,132

Note 8 - Fair Value of Financ_2

Note 8 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	(in thousands) September 30, 2021 December 31, 2020 Carrying amount Estimated value Carrying amount Estimated value Input Level FINANCIAL ASSETS Cash and cash equivalents $ 121,179 $ 121,179 $ 57,034 $ 57,034 1 Securities, including FHLB stock 275,327 275,327 200,178 200,178 2,3 Loans held for sale 14,545 14,545 18,427 18,427 3 Net loans and leases 579,600 580,877 624,109 625,628 3 Mortgage servicing rights 1,759 1,759 1,132 1,132 3 Hedging assets 1,616 1,616 3,245 3,245 3 Total Financial Assets $ 994,026 $ 995,303 $ 904,125 $ 905,644 FINANCIAL LIABILITIES Deposits Maturity $ 152,284 $ 152,530 $ 152,331 $ 153,337 3 Non-maturity 775,528 775,528 686,047 686,047 1 Other borrowings 7,000 7,000 7,750 7,750 3 Junior subordinated deferrable interest debentures 12,967 10,667 12,942 10,300 3 Hedging liabilities - - 616 616 3 Total Financial Liabilities $ 947,779 $ 945,725 $ 859,686 $ 858,050

Note 9 - Stock Options (Tables)

Note 9 - Stock Options (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	September 30, September 30, 2021 2020 Outstanding, beginning of period 157,817 117,647 Granted 21,958 63,858 Exercised (26,087 ) - Forfeited (12,659 ) (20,733 ) Outstanding, end of period 141,029 160,772 Weighted average exercise price at end of quarter $ 22.24 $ 19.82
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	2021 2020 2019 Weighted-average fair value of options granted $ 11.19 $ 4.83 $ 7.77 Average dividend yield 2.23 % 2.93 % 2.26 % Expected volatility 40.00 % 40.00 % 40.00 % Risk-free interest rate 1.00 % 0.49 % 1.93 % Expected term (years) 7 7 7

Note 10 - Non-interest Income (

Note 10 - Non-interest Income (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Nine Months ended September 30, 2021 2020 Service charges on deposit accounts $ 790 $ 827 Gain on sale of loans (1) 11,257 17,032 Net securities gains (losses) (1) (7 ) 288 Change in fair value of mortgage servicing rights (1) 264 (387 ) Increase in cash surrender value of life insurance (1) 309 283 Other Credit and debit card interchange fees 1,365 1,113 Wealth management 304 237 Net loan servicing fees (1) 367 171 Other non-interest income (420 ) 2,535 Total non-interest income $ 14,229 $ 22,099

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Available-for-sale securities, Amortized cost	$ 266,272	$ 185,269
Available-for-sale securities, Gross unrealized gains	6,475	9,317
Available-for-sale securities, Gross unrealized losses	2,549	6
Available-for-sale securities, Fair Value	270,198	194,580
US Government Agencies Debt Securities [Member]
Available-for-sale securities, Amortized cost	2,500
Available-for-sale securities, Gross unrealized gains	10
Available-for-sale securities, Gross unrealized losses	0
Available-for-sale securities, Fair Value	2,510
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, Amortized cost	134,518	93,406
Available-for-sale securities, Gross unrealized gains	4,806	6,400
Available-for-sale securities, Gross unrealized losses	1,526	1
Available-for-sale securities, Fair Value	137,798	99,805
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Available-for-sale securities, Amortized cost	127,902	90,712
Available-for-sale securities, Gross unrealized gains	1,659	2,904
Available-for-sale securities, Gross unrealized losses	1,023	5
Available-for-sale securities, Fair Value	128,538	93,611
Other Debt Obligations [Member]
Available-for-sale securities, Amortized cost	1,352	1,151
Available-for-sale securities, Gross unrealized gains	0	13
Available-for-sale securities, Gross unrealized losses	0	0
Available-for-sale securities, Fair Value	$ 1,352	$ 1,164

Note 4 - Loans and Leases (Deta

Note 4 - Loans and Leases (Details Textual)	9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Impaired Financing Receivable, Average Recorded Investment, Total	$ 2,761,000	$ 2,710,000
Impaired Financing Receivable, Related Allowance	0	346,000
Impaired Financing Receivable, Interest Income, Accrual Method, Total	$ 149,000	34,000
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0
Provision for Loan and Lease Losses, Total	$ 300,000	4,450,000
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	119
Financing Receivable, Deferred Payments	$ 41,000,000

Note 4 - Loans and Leases - Act

Note 4 - Loans and Leases - Activity in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Allowance for loan and lease losses beginning balance	$ 9,994	$ 4,131
Provision charged to expenses	300	4,450
Losses charged off	(10)	(165)
Recoveries	41	35
Allowance for loan and lease losses ending balance	10,325	8,451
Residential 1 - 4 Family Real Estate [Member]
Allowance for loan and lease losses beginning balance	1,683	592
Provision charged to expenses	120	919
Losses charged off	0	(97)
Recoveries	6	8
Allowance for loan and lease losses ending balance	1,809	1,422
Commercial and Agricultural Real Estate Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	6,664	2,536
Provision charged to expenses	486	2,977
Losses charged off	0	(45)
Recoveries	30	14
Allowance for loan and lease losses ending balance	7,180	5,482
Commercial and Agriculture Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	1,515	939
Provision charged to expenses	(294)	482
Losses charged off	0	(4)
Recoveries	1	13
Allowance for loan and lease losses ending balance	1,222	1,430
Consumer Portfolio Segment [Member]
Allowance for loan and lease losses beginning balance	132	64
Provision charged to expenses	(12)	72
Losses charged off	(10)	(19)
Recoveries	4	0
Allowance for loan and lease losses ending balance	$ 114	$ 117

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	Sep. 30, 2021	Dec. 31, 2020
Attributable to loans and leases individually evaluated for impairment	$ 0	$ 255
Collectively evaluated for impairment	10,325	9,739
Total allowance for loan and lease losses	10,325	9,994
Individually evaluated for impairment	2,598	3,025
Collectively evaluated for impairment	587,129	630,914
Loans and leases balance	589,925	634,103
Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	198	164
Residential 1 - 4 Family Real Estate [Member]
Attributable to loans and leases individually evaluated for impairment	0	0
Collectively evaluated for impairment	1,809	1,683
Total allowance for loan and lease losses	1,809	1,683
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	111,014	111,001
Loans and leases balance	111,090	111,061
Residential 1 - 4 Family Real Estate [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	76	60
Commercial and Agricultural Real Estate Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment	0	6
Collectively evaluated for impairment	7,180	6,658
Total allowance for loan and lease losses	7,180	6,664
Individually evaluated for impairment	1,292	1,047
Collectively evaluated for impairment	383,561	373,681
Loans and leases balance	384,975	374,832
Commercial and Agricultural Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	122	104
Commercial and Agriculture Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment	0	249
Collectively evaluated for impairment	1,222	1,266
Total allowance for loan and lease losses	1,222	1,515
Individually evaluated for impairment	1,306	1,978
Collectively evaluated for impairment	86,655	139,302
Loans and leases balance	87,961	141,280
Commercial and Agriculture Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	0	0
Consumer Portfolio Segment [Member]
Attributable to loans and leases individually evaluated for impairment	0	0
Collectively evaluated for impairment	114	132
Total allowance for loan and lease losses	114	132
Individually evaluated for impairment	0	0
Collectively evaluated for impairment	5,899	6,930
Loans and leases balance	5,899	6,930
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Acquired with deteriorated credit quality	$ 0	$ 0

Note 4 - Loans and Leases - Sum

Note 4 - Loans and Leases - Summary of Nonaccrual Loans and Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Recorded investment, nonaccrual	$ 299	$ 950
Loans and leases past due over 90 days still accruing	0	60
Troubled debt restructurings	1,407	1,490
Residential 1 - 4 Family Real Estate [Member]
Recorded investment, nonaccrual	178	363
Loans and leases past due over 90 days still accruing	0	60
Troubled debt restructurings	144	175
Commercial Real Estate Portfolio Segment [Member]
Recorded investment, nonaccrual	121	570
Loans and leases past due over 90 days still accruing	0	0
Troubled debt restructurings	496	546
Agricultural Real Estate [Member]
Recorded investment, nonaccrual	0	11
Loans and leases past due over 90 days still accruing	0	0
Troubled debt restructurings	0	0
Commercial Portfolio Segment [Member]
Recorded investment, nonaccrual	0	0
Loans and leases past due over 90 days still accruing	0	0
Troubled debt restructurings	767	769
Agriculture [Member]
Recorded investment, nonaccrual	0	0
Loans and leases past due over 90 days still accruing	0	0
Troubled debt restructurings	0	0
Consumer Portfolio Segment [Member]
Recorded investment, nonaccrual	0	6
Loans and leases past due over 90 days still accruing	0	0
Troubled debt restructurings	$ 0	$ 0

Note 4 - Loans and Leases - Agi

Note 4 - Loans and Leases - Aging of the Recorded Investment in Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans and leases balance	$ 589,925	$ 634,103
Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	432	1,943
Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	86	181
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	67	391
Financial Asset, Past Due [Member]
Loans and leases balance	585	2,515
Financial Asset, Not Past Due [Member]
Loans and leases balance	589,340	631,588
Residential 1 - 4 Family Real Estate [Member]
Loans and leases balance	111,090	111,061
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	251	795
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	11	0
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	49	173
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, Past Due [Member]
Loans and leases balance	311	968
Residential 1 - 4 Family Real Estate [Member] | Financial Asset, Not Past Due [Member]
Loans and leases balance	110,779	110,093
Commercial and Multi-Family Real Estate [Member]
Loans and leases balance	333,775	331,015
Commercial and Multi-Family Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	174	468
Commercial and Multi-Family Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	0	181
Commercial and Multi-Family Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	17	212
Commercial and Multi-Family Real Estate [Member] | Financial Asset, Past Due [Member]
Loans and leases balance	191	861
Commercial and Multi-Family Real Estate [Member] | Financial Asset, Not Past Due [Member]
Loans and leases balance	333,584	330,154
Agriculture [Member]
Loans and leases balance	9,502	9,707
Agriculture [Member] | Real Estate Loan [Member]
Loans and leases balance	51,200	43,817
Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Real Estate Loan [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Real Estate Loan [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Real Estate Loan [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, Past Due [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, Past Due [Member] | Real Estate Loan [Member]
Loans and leases balance	0	0
Agriculture [Member] | Financial Asset, Not Past Due [Member]
Loans and leases balance	9,502	9,707
Agriculture [Member] | Financial Asset, Not Past Due [Member] | Real Estate Loan [Member]
Loans and leases balance	51,200	43,817
Commercial Portfolio Segment [Member]
Loans and leases balance	78,459	131,573
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	0	676
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	75	0
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	1	0
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans and leases balance	76	676
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans and leases balance	78,383	130,897
Consumer Portfolio Segment [Member]
Loans and leases balance	5,899	6,930
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans and leases balance	7	4
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans and leases balance	0	0
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans and leases balance	0	6
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans and leases balance	7	10
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans and leases balance	$ 5,892	$ 6,920

Note 4 - Loans and Leases - Loa

Note 4 - Loans and Leases - Loans by Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans and leases balance	$ 589,925	$ 634,103
Pass [Member]
Loans and leases balance	430,563	426,998
Special Mention [Member]
Loans and leases balance	6,843	7,459
Substandard [Member]
Loans and leases balance	15,572	14,066
Doubtful [Member]
Loans and leases balance	0	0
Not Rated [Member]
Loans and leases balance	136,947	185,580
Residential 1 - 4 Family Real Estate [Member]
Loans and leases balance	111,090	111,061
Residential 1 - 4 Family Real Estate [Member] | Pass [Member]
Loans and leases balance	2,501	6,767
Residential 1 - 4 Family Real Estate [Member] | Special Mention [Member]
Loans and leases balance	0	0
Residential 1 - 4 Family Real Estate [Member] | Substandard [Member]
Loans and leases balance	0	0
Residential 1 - 4 Family Real Estate [Member] | Doubtful [Member]
Loans and leases balance	0	0
Residential 1 - 4 Family Real Estate [Member] | Not Rated [Member]
Loans and leases balance	108,589	104,294
Commercial and Multi-Family Real Estate [Member]
Loans and leases balance	333,775	331,015
Commercial and Multi-Family Real Estate [Member] | Pass [Member]
Loans and leases balance	365,141	356,163
Commercial and Multi-Family Real Estate [Member] | Special Mention [Member]
Loans and leases balance	6,258	6,964
Commercial and Multi-Family Real Estate [Member] | Substandard [Member]
Loans and leases balance	13,550	11,536
Commercial and Multi-Family Real Estate [Member] | Doubtful [Member]
Loans and leases balance	0	0
Commercial and Multi-Family Real Estate [Member] | Not Rated [Member]
Loans and leases balance	26	169
Commercial Portfolio Segment [Member]
Loans and leases balance	78,459	131,573
Commercial Portfolio Segment [Member] | Pass [Member]
Loans and leases balance	62,921	64,068
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans and leases balance	585	495
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and leases balance	2,022	2,530
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans and leases balance	0	0
Commercial Portfolio Segment [Member] | Not Rated [Member]
Loans and leases balance	22,433	74,187
Consumer Portfolio Segment [Member]
Loans and leases balance	5,899	6,930
Consumer Portfolio Segment [Member] | Pass [Member]
Loans and leases balance	0	0
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans and leases balance	0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans and leases balance	0	0
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans and leases balance	0	0
Consumer Portfolio Segment [Member] | Not Rated [Member]
Loans and leases balance	$ 5,899	$ 6,930

Note 4 - Loans and Leases - Per

Note 4 - Loans and Leases - Performance of Loan Portfolio (Details) - Not Rated [Member] - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans receivable	$ 136,947	$ 185,580
Residential Portfolio Segment [Member]
Loans receivable	108,589	104,294
Commercial and Multi-Family Real Estate [Member]
Loans receivable	26	169
Commercial Portfolio Segment [Member]
Loans receivable	22,433	74,187
Consumer Portfolio Segment [Member]
Loans receivable	5,899	6,930
Performing Financial Instruments [Member]
Loans receivable	136,881	185,385
Performing Financial Instruments [Member] | Residential Portfolio Segment [Member]
Loans receivable	108,540	104,121
Performing Financial Instruments [Member] | Commercial and Multi-Family Real Estate [Member]
Loans receivable	10	153
Performing Financial Instruments [Member] | Commercial Portfolio Segment [Member]
Loans receivable	22,432	74,187
Performing Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Loans receivable	5,899	6,924
Nonperforming Financial Instruments [Member]
Loans receivable	66	195
Nonperforming Financial Instruments [Member] | Residential Portfolio Segment [Member]
Loans receivable	49	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	1	0
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member]
Loans receivable	$ 0	$ 6

Note 4 - Loans and Leases - Sch

Note 4 - Loans and Leases - Schedule of Loans Acquired in Acquisition (Details) $ in Thousands	9 Months Ended
	Sep. 30, 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	(2,679)
Accretable difference, change due to payments received	115
Carrying amount, change due to payments received	(2,564)
Contractual principal receivable, ending balance	7,502
Accretable difference, ending balance	(204)
Carrying amount, ending balance	7,298
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	(43)
Accretable difference, change due to payments received	48
Carrying amount, change due to payments received	5
Contractual principal receivable, ending balance	66
Accretable difference, ending balance	(11)
Carrying amount, ending balance	55
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	(12,674)
Accretable difference, change due to payments received	239
Carrying amount, change due to payments received	(12,435)
Contractual principal receivable, ending balance	24,712
Accretable difference, ending balance	(416)
Carrying amount, ending balance	24,296
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	(6)
Accretable difference, change due to payments received	35
Carrying amount, change due to payments received	29
Contractual principal receivable, ending balance	281
Accretable difference, ending balance	(138)
Carrying amount, ending balance	$ 143

Note 5 - Other Borrowings (Deta

Note 5 - Other Borrowings (Details Textual)	Sep. 30, 2021USD ($)
Long-Term Debt, Maturity, Remainder of Fiscal Year	$ 250,000
Long-Term Debt, Maturity, Year One	6,750,000
Line of Credit Facility, Remaining Borrowing Capacity	$ 152,186,000

Note 5 - Other Borrowings - Com

Note 5 - Other Borrowings - Composition of Other Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Other borrowings	$ 7,000	$ 7,750
Other Borrowings	7,000	7,750
Secured Notes With Interest At 1.72% [Member]
Other borrowings	7,000	7,750
Other Borrowings	$ 7,000	$ 7,750

Note 5 - Other Borrowings - C_2

Note 5 - Other Borrowings - Composition of Other Borrowings (Details) (Parentheticals) - Secured Notes With Interest At 1.72% [Member] - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 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) - USD ($)	6 Months Ended	9 Months Ended		12 Months Ended
	Jun. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
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		$ 12,967,000		$ 12,942,000
Subordinated Borrowing, Interest Rate		3.28%		3.40%
Subordinated Debenture, Default, Interest Payment Deferment Quarterly Periods		20
Other Long-term Debt, Total		$ 2,667,000		$ 2,642,000
Interest Expense, Debt, Total		$ 323,000	$ 405,000
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		2.99%		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)	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Financial Liabilities Fair Value Disclosure, Total	$ 945,725,000		$ 858,050,000
Assets, Fair Value Disclosure	$ 995,303,000		905,644,000
Measurement Input, Appraised Value [Member] | Minimum [Member]
Impaired Loans, Measurement Input	0.15
Mortgage Servicing Rights, Measurement Input	0.08
Measurement Input, Appraised Value [Member] | Maximum [Member]
Impaired Loans, Measurement Input	0.35
Mortgage Servicing Rights, Measurement Input	0.10
Measurement Input, Cost to Sell [Member] | Minimum [Member]
Impaired Loans, Measurement Input	0.10
Measurement Input, Cost to Sell [Member] | Maximum [Member]
Impaired Loans, Measurement Input	0.20
Fair Value, Inputs, Level 3 [Member]
Impaired Financing Receivable, Recorded Investment, Total			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	$ 1,759,000		$ 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	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Balance at beginning of period	$ 1,132	$ 1,061
Purchases, issuances, and settlements	507	690
Disposals - amortization based on loan payments and payoffs	(143)	(326)
Changes in fair value	263	(293)
Balance at end of period	$ 1,759	$ 1,132

Note 8 - Fair Value of Financ_3

Note 8 - Fair Value of Financial Instruments (Details Textual) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Commitments to Extend Credit [Member]
Other Commitment, Total	$ 200,063,000	$ 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	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Total Financial Assets	$ 995,303	$ 905,644
Total Financial Liabilities	945,725	858,050
Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	121,179	57,034
Fair Value, Inputs, Level 1 [Member] | Non-Maturity Deposits [Member]
Deposits	775,528	686,047
Fair Value, Inputs Level 2 and Level 3 [Member]
Securities, including FHLB stock	275,327	200,178
Fair Value, Inputs, Level 3 [Member]
Loans held for sale	14,545	18,427
Net loans and leases	580,877	625,628
Mortgage servicing rights	1,759	1,132	$ 1,061
Hedging assets	1,616	3,245
Other borrowings	7,000	7,750
Junior subordinated deferrable interest debentures	10,667	10,300
Hedging liabilities	0	616
Fair Value, Inputs, Level 3 [Member] | Maturity Deposits [Member]
Deposits	152,530	153,337
Reported Value Measurement [Member]
Total Financial Assets	994,026	904,125
Total Financial Liabilities	947,779	859,686
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	121,179	57,034
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Non-Maturity Deposits [Member]
Deposits	775,528	686,047
Reported Value Measurement [Member] | Fair Value, Inputs Level 2 and Level 3 [Member]
Securities, including FHLB stock	275,327	200,178
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	14,545	18,427
Net loans and leases	579,600	624,109
Mortgage servicing rights	1,759	1,132
Hedging assets	1,616	3,245
Other borrowings	7,000	7,750
Junior subordinated deferrable interest debentures	12,967	12,942
Hedging liabilities	0	616
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Maturity Deposits [Member]
Deposits	$ 152,284	$ 152,331

Note 9 - Stock Options (Details

Note 9 - Stock Options (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)			21,958	63,858
Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)			21,958		63,858	33,853
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)			$ 34.60		$ 19.83	$ 22.97
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares (in shares)			78,176	71,224
Share-based Payment Arrangement, Expense, after Tax	$ 58,000	$ 0	$ 127,000	$ 119,000
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, Options, Outstanding, Weighted Average Remaining Contractual Term (Year)				8 years
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount	$ 246,000		$ 246,000		$ 271,000	$ 198,000	$ 175,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Month)			36 months		36 months	36 months	36 months

Note 9 - Stock Options - Summar

Note 9 - Stock Options - Summary of Activity for Stock Options (Details) - $ / shares	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Outstanding, beginning of period (in shares)	157,817	117,647	117,647
Granted (in shares)	21,958	63,858
Exercised (in shares)	(26,087)	0
Forfeited (in shares)	(12,659)	(20,733)
Outstanding, end of period (in shares)	141,029	160,772	157,817
Weighted average exercise price at end of quarter (in dollars per share)	$ 22.24	$ 19.82

Note 9 - Stock Options - Schedu

Note 9 - Stock Options - Schedule of Assumptions Used In Calculating the Fair Value of Options Granted (Details) - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2019
Weighted-average fair value of options granted (in dollars per share)	$ 11.19	$ 4.83	$ 7.77
Average dividend yield	2.23%	2.93%	2.26%
Expected volatility	40.00%	40.00%	40.00%
Risk-free interest rate	1.00%	0.49%	1.93%
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		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021		Sep. 30, 2020
Gain on sale of loans		$ 3,799	$ 8,484	$ 11,257	[1]	$ 17,032	[1]
Net securities gains (losses)		(4)	1	(7)	[1]	288	[1]
Change in fair value of mortgage servicing rights	[1]			264		(387)
Increase in cash surrender value of life insurance	[1]			309		283
Net loan servicing fees	[1]			367		171
Other non-interest income				(420)		2,535
Total non-interest income		$ 4,712	$ 11,144	14,229		22,099
Deposit Account [Member]
Revenues				790		827
Credit and Debit Card [Member]
Revenues				1,365		1,113
Investment Advisory, Management and Administrative Service [Member]
Revenues				$ 304		$ 237
[1]	Not within the scope of ASC 606

Note 11 - Subsequent Events (De

Note 11 - Subsequent Events (Details Textual)	Jul. 20, 2021$ / shares
Dividends Payable, Amount Per Share (in dollars per share)	$ 0.20
Dividends Payable, Date to be Paid	Dec. 15, 2021
Dividends Payable, Date of Record	Nov. 30, 2021