Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 3 – LOANS Loans net of unearned income, deferred loan origination costs, and net premiums on acquired loans by class were as follows: 201 9 201 8 (in thousands) Commercial $ 145,551 $ 129,368 Commercial Real Estate: Construction 64,911 86,867 Farmland 79,118 77,937 Nonfarm nonresidential 255,459 172,177 Residential Real Estate: Multi-family 70,950 49,757 1-4 Family 226,629 175,761 Consumer 47,790 39,104 Agriculture 35,064 33,737 Other 799 536 Subtotal 926,271 765,244 Less: Allowance for loan losses (8,376 ) (8,880 ) Loans, net $ 917,895 $ 756,364 The following table presents the activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2019, 2018, 2017: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total December 31, 201 9 : (in thousands) Beginning balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Provision (negative provision) 342 (622 ) (958 ) 943 297 (2 ) – Loans charged off (37 ) (47 ) (275 ) (663 ) (266 ) – (1,288 ) Recoveries 106 73 524 75 3 3 784 Ending balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total Dec ember 3 1 , 201 8 : (in thousands) Beginning balance $ 892 $ 4,032 $ 2,900 $ 64 $ 313 $ 1 $ 8,202 Provision (negative provision) 196 (192 ) (599 ) 92 6 (3 ) (500 ) Loans charged off (50 ) (198 ) (252 ) (95 ) (13 ) (8 ) (616 ) Recoveries 261 1,034 403 69 15 12 1,794 Ending balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total Dec ember 3 1 , 201 7 : (in thousands) Beginning balance $ 475 $ 4,894 $ 3,426 $ 8 $ 162 $ 2 $ 8,967 Provision (negative provision) 363 (1,223 ) (129 ) (8 ) 213 (16 ) (800 ) Loans charged off (5 ) (58 ) (692 ) (51 ) (95 ) – (901 ) Recoveries 59 419 295 115 33 15 936 Ending balance $ 892 $ 4,032 $ 2,900 $ 64 $ 313 $ 1 $ 8,202 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of December 31, 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 3 $ 37 $ 2 $ – $ – $ – $ 42 Collectively evaluated for impairment 1,707 4,043 1,741 485 355 3 8,334 Total ending allowance balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Loans: Loans individually evaluated for impairment $ 74 $ 1,064 $ 892 $ 98 $ 42 $ – $ 2,170 Loans collectively evaluated for impairment 145,477 398,424 296,687 47,692 35,022 799 924,101 Total ending loans balance $ 145,551 $ 399,488 $ 297,579 $ 47,790 $ 35,064 $ 799 $ 926,271 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method as of December 31, 2018: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ – $ 35 $ 168 $ – $ – $ – $ 203 Collectively evaluated for impairment 1,299 4,641 2,284 130 321 2 8,677 Total ending allowance balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Loans: Loans individually evaluated for impairment $ 53 $ 510 $ 2,348 $ – $ – $ – $ 2,911 Loans collectively evaluated for impairment 129,315 336,471 223,170 39,104 33,737 536 762,333 Total ending loans balance $ 129,368 $ 336,981 $ 225,518 $ 39,104 $ 33,737 $ 536 $ 765,244 Im paired Loans Impaired loans include restructured loans and loans on nonaccrual or classified as doubtful, whereby collection of the total amount is improbable, or loss, whereby all or a portion of the loan has been written off or a specific allowance for loss had been provided. The following table presents information related to loans individually evaluated for impairment by class of loan as of and for the year ended December 31, 2019: Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Cash Basis Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 138 $ 50 $ — $ 57 $ 3 $ 3 Commercial real estate: Construction — — — — — — Farmland 380 293 — 179 23 23 Nonfarm nonresidential 1,057 489 — 295 34 3 Residential real estate: Multi-family — — — — — — 1-4 Family 1,679 745 — 1,402 219 191 Consumer 309 98 — 56 6 6 Agriculture 304 42 — 47 3 3 Other — — — — — — Subtotal 3,867 1,717 — 2,036 288 229 With An Allowance Recorded: Commercial 24 24 3 15 2 — Commercial real estate: Construction — — — — — — Farmland 282 282 37 236 9 — Nonfarm nonresidential — — — — — — Residential real estate: Multi-family — — — — — — 1-4 Family 183 147 2 459 6 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 489 453 42 710 17 — Total $ 4,356 $ 2,170 $ 42 $ 2,746 $ 305 $ 229 The following table presents information related to loans individually evaluated for impairment by class of loan as of and for the year ended December 31, 2018: Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Cash Basis Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 120 $ 53 $ — $ 125 $ — $ — Commercial real estate: Construction — — — — — — Farmland 1,860 89 — 1,156 360 360 Nonfarm nonresidential 402 262 — 327 19 — Residential real estate: Multi-family — — — — — — 1-4 Family 2,678 1,628 — 1,964 — — Consumer 12 — — 1 — — Agriculture — — — — — — Other — — — — — — Subtotal 5,072 2,032 — 3,573 379 360 With An Allowance Recorded: Commercial — — — 60 3 — Commercial real estate: Construction — — — — — — Farmland — — — — — — Nonfarm nonresidential 159 159 35 100 — — Residential real estate: Multi-family — — — — — — 1-4 Family 720 720 168 1,111 — — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 879 879 203 1,271 3 — Total $ 5,951 $ 2,911 $ 203 $ 4,844 $ 382 $ 360 The following table presents information related to loans individually evaluated for impairment by class of loan as of and for the year ended December 31, 2017: Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Cash Basis Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 703 $ 487 $ — $ 495 $ 7 $ 7 Commercial real estate: Construction — — — — — — Farmland 3,687 2,059 — 2,651 210 210 Nonfarm nonresidential 1,047 576 — 716 59 47 Residential real estate: Multi-family — — — 820 — — 1-4 Family 4,293 2,787 — 2,884 143 143 Consumer 9 1 — 2 2 2 Agriculture — — — 24 1 1 Other — — — — — — Subtotal 9,739 5,910 — 7,592 422 410 With An Allowance Recorded: Commercial 100 100 13 100 7 — Commercial real estate: Construction — — — — — — Farmland — — — 235 — — Nonfarm nonresidential — — — 238 14 — Residential real estate: Multi-family — — — — — — 1-4 Family 1,163 1,163 206 1,404 68 — Consumer — — — — — — Agriculture — — — 24 — — Other — — — — — — Subtotal 1,263 1,263 219 2,001 89 — Total $ 11,002 $ 7,173 $ 219 $ 9,593 $ 511 $ 410 Troubled Debt Restructuring A troubled debt restructuring (TDR) occurs when the Bank has agreed to a loan modification in the form of a concession for a borrower who is experiencing financial difficulty. The Bank’s TDRs typically involve a reduction in interest rate, a deferral of principal for a stated period of time, or an interest only period. All TDRs are considered impaired and the Bank has allocated reserves for these loans to reflect the present value of the concessionary terms granted to the borrower. The following table presents the TDR loan modifications by portfolio segment outstanding as of December 31, 2019 2018: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 201 9 Commercial Real Estate: Nonfarm nonresidential $ 400 $ — $ 400 Residential Real Estate: 1-4 Family 75 — 75 Total TDRs $ 475 $ — $ 475 TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2018 Commercial Real Estate: Nonfarm nonresidential $ 190 $ — $ 190 Residential Real Estate: 1-4 Family 720 — 720 Total TDRs $ 910 $ — $ 910 At December 31, 2019 2018, 100 $1,000 $168,000 December 31, 2019 2018, no December 31, 2019 December 31, 2018 The following table presents a summary of the TDR loan modifications by portfolio segment that occurred during the twelve December 31, 2019: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 201 9 Commercial Real Estate: Nonfarm nonresidential $ 215 $ — $ 215 Residential Real Estate: 1-4 Family 75 — 75 Total TDRs $ 290 $ — $ 290 As of December 31, 2019, 100% 2019 $1,000 2019. twelve December 31, 2019, no twelve December 31, 2018. Management periodically reviews renewals and modifications of previously identified TDRs, for which there was no no not not During the years ended December 31, 2019, 2018, 2017, no twelve 90 Non - performing Loans Non-performing loans include impaired loans and smaller balance homogeneous loans, such as residential mortgage and consumer loans, that are collectively evaluated for impairment. The following table presents the recorded investment in nonaccrual and loans past due 90 December 31, 2019 2018: Nonaccrual Loans Past Due 90 Days And Over Still Accruing 201 9 201 8 201 9 201 8 (in thousands) Commercial $ 50 $ 53 $ — $ — Commercial Real Estate: Construction — — — — Farmland 431 249 — — Nonfarm nonresidential 90 61 — — Residential Real Estate: Multi-family — — — — 1-4 Family 817 1,628 — — Consumer 98 — — — Agriculture 42 — — — Other — — — — Total $ 1,528 $ 1,991 $ — $ — The following table presents the aging of the recorded investment in past due loans by class as of December 31, 2019 2018: 30 – 59 Days Past Due 60 – 89 Days Past Due 90 Days And Over Past Due Nonaccrual Total Past Due And Nonaccrual (in thousands) December 31 , 201 9 Commercial $ 14 $ 3 $ — $ 50 $ 67 Commercial Real Estate: Construction — — — — — Farmland 274 — — 431 705 Nonfarm nonresidential 206 — — 90 296 Residential Real Estate: Multi-family — — — — — 1-4 Family 1,162 503 — 817 2,482 Consumer 91 164 — 98 353 Agriculture — — — 42 42 Other — — — — — Total $ 1,747 $ 670 $ — $ 1,528 $ 3,945 30 – 59 Days Past Due 60 – 89 Days Past Due 90 Days And Over Past Due Nonaccrual Total Past Due And Nonaccrual (in thousands) December 31, 201 8 Commercial $ 39 $ — $ — $ 53 $ 92 Commercial Real Estate: Construction — — — — — Farmland 244 107 — 249 600 Nonfarm nonresidential — 52 — 61 113 Residential Real Estate: Multi-family — — — — — 1-4 Family 1,299 137 — 1,628 3,064 Consumer 8 35 — — 43 Agriculture 3 — — — 3 Other — — — — — Total $ 1,593 $ 331 $ — $ 1,991 $ 3,915 Credit Quality Indicators Management categorizes all loans into risk categories at origination based upon original underwriting. Thereafter, management categorizes loans 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. Additionally, loans are analyzed through internal and external loan review processes. Borrower relationships in excess of $500,000 Watch – may Special Mention – not one may Substandard – may not Doubtful Loans not December 31, 2019 2018, Pass Watch Special Mention Substandard Doubtful Total (in thousands) December 31, 201 9 Commercial $ 130,312 $ 11,280 $ — $ 3,959 $ — $ 145,551 Commercial Real Estate: Construction 64,911 — — — — 64,911 Farmland 71,503 6,663 — 952 — 79,118 Nonfarm nonresidential 245,995 6,986 — 2,478 — 255,459 Residential Real Estate: Multi-family 70,950 — — — — 70,950 1-4 Family 221,727 2,420 — 2,482 — 226,629 Consumer 47,657 5 — 128 — 47,790 Agriculture 34,853 168 — 43 — 35,064 Other 799 — — — — 799 Total $ 888,707 $ 27,522 $ — $ 10,042 $ — $ 926,271 Pass Watch Special Mention Substandard Doubtful Total (in thousands) December 31, 201 8 Commercial $ 129,106 $ 141 $ — $ 121 $ — $ 129,368 Commercial Real Estate: Construction 86,867 — — — — 86,867 Farmland 74,054 2,741 — 1,142 — 77,937 Nonfarm nonresidential 169,551 1,983 — 643 — 172,177 Residential Real Estate: Multi-family 44,697 5,060 — — — 49,757 1-4 Family 169,342 2,209 113 4,097 — 175,761 Consumer 38,768 11 — 325 — 39,104 Agriculture 32,683 1,019 — 35 — 33,737 Other 536 — — — — 536 Total $ 745,604 $ 13,164 $ 113 $ 6,363 $ — $ 765,244 |