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: March 31, December 31, 20 20 201 9 (in thousands) Commercial $ 169,176 $ 145,551 Commercial Real Estate: Construction 71,267 64,911 Farmland 80,579 79,118 Nonfarm nonresidential 261,807 255,459 Residential Real Estate: Multi-family 75,525 70,950 1-4 Family 220,701 226,629 Consumer 44,814 47,790 Agriculture 36,977 35,064 Other 715 799 Subtotal 961,561 926,271 Less: Allowance for loan losses (9,150 ) (8,376 ) Loans, net $ 952,411 $ 917,895 The following table presents the activity in the allowance for loan losses by portfolio segment for the three March 31, 2020 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) March 31, 20 20 : Beginning balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Provision (negative provision) 339 141 220 265 87 (2 ) 1,050 Loans charged off (29 ) (29 ) (75 ) (161 ) (41 ) – (335 ) Recoveries 5 20 21 4 8 1 59 Ending balance $ 2,025 $ 4,212 $ 1,909 $ 593 $ 409 $ 2 $ 9,150 March 31, 201 9 : Beginning balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Provision (negative provision) 143 (165 ) (204 ) 193 33 – – Loans charged off – (15 ) (82 ) (180 ) (1 ) – (278 ) Recoveries 5 2 61 16 – – 84 Ending balance $ 1,447 $ 4,498 $ 2,227 $ 159 $ 353 $ 2 $ 8,686 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 March 31, 2020: 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 $ – $ 19 $ 1 $ – $ – $ – $ 20 Collectively evaluated for impairment 2,025 4,193 1,908 593 409 2 9,130 Total ending allowance balance $ 2,025 $ 4,212 $ 1,909 $ 593 $ 409 $ 2 $ 9,150 Loans: Loans individually evaluated for impairment $ 158 $ 922 $ 921 $ 143 $ – $ – $ 2,144 Loans collectively evaluated for impairment 169,018 412,731 295,305 44,671 36,977 715 959,417 Total ending loans balance $ 169,176 $ 413,653 $ 296,226 $ 44,814 $ 36,977 $ 715 $ 961,561 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 Impaired 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 tables present information related to loans individually evaluated for impairment by class of loans as of March 31, 2020 December 31, 2019 three March 31, 2020 2019: As of March 31, 20 20 T hree Months Ended March 31, 20 20 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 $ 265 $ 158 $ — $ 104 $ — $ — Commercial real estate: Construction — — — — — — Farmland 414 299 — 296 10 10 Nonfarm nonresidential 1,043 480 — 485 8 — Residential real estate: Multi-family — — — — — — 1-4 Family 1,862 846 — 795 3 3 Consumer 354 143 — 121 1 1 Agriculture 297 — — 21 — — Other — — — — — — Subtotal 4,235 1,926 — 1,822 22 14 With An Allowance Recorded: Commercial — — — 12 — — Commercial real estate: Construction — — — — — — Farmland 143 143 19 212 2 — Nonfarm nonresidential — — — — — — Residential real estate: Multi-family — — — — — — 1-4 Family 75 75 1 111 2 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 218 218 20 335 4 — Total $ 4,453 $ 2,144 $ 20 $ 2,157 $ 26 $ 14 As of December 31, 201 9 T hree Months Ended March 31, 201 9 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 $ — $ 52 $ — $ — Commercial real estate: Construction — — — — — — Farmland 380 293 — 98 5 5 Nonfarm nonresidential 1,057 489 — 256 3 3 Residential real estate: Multi-family — — — — — — 1-4 Family 1,679 745 — 1,544 22 22 Consumer 309 98 — 14 — — Agriculture 304 42 — 32 — — Other — — — — — — Subtotal 3,867 1,717 — 1,996 30 30 With An Allowance Recorded: Commercial 24 24 3 — — — Commercial real estate: Construction — — — — — — Farmland 282 282 37 158 — — Nonfarm nonresidential — — — — — — Residential real estate: Multi-family — — — — — — 1-4 Family 183 147 2 719 11 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 489 453 42 877 11 — Total $ 4,356 $ 2,170 $ 42 $ 2,873 $ 41 $ 30 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 types of TDR loan modifications by portfolio segment outstanding as of March 31, 2020 December 31, 2019: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) March 31, 20 20 Commercial Real Estate: Nonfarm nonresidential $ 391 $ — $ 391 Residential Real Estate: 1-4 Family 75 — 75 Total TDRs $ 466 $ — $ 466 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 At March 31, 2020 December 31, 2019, 100% $1,000 March 31, 2020 December 31, 2019. no March 31, 2020 December 31, 2019 Management periodically reviews renewals and modifications of previously identified TDRs, for which there was no no not not No three March 31, 2020 March 31, 2019. first three 2020 2019, no 12 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 March 31, 2020, December 31, 2019: Nonaccrual Loans Past Due 90 Days And Over Still Accruing March 31 , 20 20 December 31, 201 9 March 31 , 20 20 December 31, 201 9 (in thousands) Commercial $ 158 $ 50 $ — $ — Commercial Real Estate: Construction — — — — Farmland 298 431 — — Nonfarm nonresidential 89 90 — — Residential Real Estate: Multi-family — — — — 1-4 Family 812 817 — — Consumer 143 98 — — Agriculture — 42 — — Other — — — — Total $ 1,500 $ 1,528 $ — $ — The following table presents the aging of the recorded investment in past due loans as of March 31, 2020 December 31, 2019: 30 – 59 Days Past Due 60 – 89 Days Past Due 90 Days And Over Past Due Nonaccrual Total Past Due And Nonaccrual (in thousands) March 31, 20 20 Commercial $ — $ 1 $ — $ 158 $ 159 Commercial Real Estate: Construction — — — — — Farmland 81 — — 298 379 Nonfarm nonresidential 19 41 — 89 149 Residential Real Estate: Multi-family — — — — — 1-4 Family 961 147 — 812 1,920 Consumer 97 56 — 143 296 Agriculture — 3 — — 3 Other — — — — — Total $ 1,158 $ 248 $ — $ 1,500 $ 2,906 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 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. Loans are analyzed through internal and external loan review processes and are routinely analyzed through credit administration processes which classify the loans as to credit risk. The following definitions are used for risk ratings: Watch – may Special Mention – not one may Substandard – may not Doubtful As of March 31, 2020, December 31, 2019, Pass Watch Special Mention Substandard Doubtful Total (in thousands) March 31, 20 20 Commercial $ 146,310 $ 20,903 $ — $ 1,963 $ — $ 169,176 Commercial Real Estate: Construction 71,267 — — — — 71,267 Farmland 73,202 6,568 — 809 — 80,579 Nonfarm nonresidential 252,982 7,152 — 1,673 — 261,807 Residential Real Estate: Multi-family 75,525 — — — — 75,525 1-4 Family 214,559 3,683 — 2,459 — 220,701 Consumer 44,640 3 — 171 — 44,814 Agriculture 36,785 155 — 37 — 36,977 Other 715 — — — — 715 Total $ 915,985 $ 38,464 $ — $ 7,112 $ — $ 961,561 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 |