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: June 30 , December 31, 20 20 201 9 (in thousands) Commercial (1) $ 221,292 $ 145,551 Commercial Real Estate: Construction 73,195 64,911 Farmland 79,555 79,118 Nonfarm nonresidential 254,616 255,459 Residential Real Estate: Multi-family 65,113 70,950 1-4 Family 204,283 226,629 Consumer 38,828 47,790 Agriculture 38,286 35,064 Other 591 799 Subtotal 975,759 926,271 Less: Allowance for loan losses (10,228 ) (8,376 ) Loans, net $ 965,531 $ 917,895 _______________________________________________________________________________________________ ( 1 June 30, 2020. The following table presents the activity in the allowance for loan losses by portfolio segment for the three June 30, 2020 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) June 30 , 20 20 : Beginning balance $ 2,025 $ 4,212 $ 1,909 $ 593 $ 409 $ 2 $ 9,150 Provision (negative provision) 504 210 189 134 65 (2 ) 1,100 Loans charged off (3 ) (28 ) (7 ) (152 ) (3 ) – (193 ) Recoveries 6 100 55 6 1 3 171 Ending balance $ 2,532 $ 4,494 $ 2,146 $ 581 $ 472 $ 3 $ 10,228 June 30 , 201 9 : Beginning balance $ 1,447 $ 4,498 $ 2,227 $ 159 $ 353 $ 2 $ 8,686 Provision (negative provision) (45 ) (46 ) 52 (16 ) 55 – – Loans charged off – – (35 ) (34 ) (3 ) – (72 ) Recoveries 90 1 83 44 – – 218 Ending balance $ 1,492 $ 4,453 $ 2,327 $ 153 $ 405 $ 2 $ 8,832 The following table presents the activity in the allowance for loan losses by portfolio segment for the six June 30, 2020 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) June 30, 20 20 : Beginning balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Provision (negative provision) 843 351 409 399 152 (4 ) 2,150 Loans charged off (32 ) (57 ) (82 ) (313 ) (44 ) – (528 ) Recoveries 11 120 76 10 9 4 230 Ending balance $ 2,532 $ 4,494 $ 2,146 $ 581 $ 472 $ 3 $ 10,228 June 30, 201 9 : Beginning balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Provision (negative provision) 98 (211 ) (152 ) 177 88 – – Loans charged off – (15 ) (117 ) (214 ) (4 ) – (350 ) Recoveries 95 3 144 60 – – 302 Ending balance $ 1,492 $ 4,453 $ 2,327 $ 153 $ 405 $ 2 $ 8,832 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 June 30, 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 $ – $ 24 $ 1 $ – $ – $ – $ 25 Collectively evaluated for impairment 2,532 4,470 2,145 581 472 3 10,203 Total ending allowance balance $ 2,532 $ 4,494 $ 2,146 $ 581 $ 472 $ 3 $ 10,228 Loans: Loans individually evaluated for impairment $ 103 $ 1,014 $ 940 $ 14 $ – $ – $ 2,071 Loans collectively evaluated for impairment 221,189 406,352 268,456 38,814 38,286 591 973,688 Total ending loans balance $ 221,292 $ 407,366 $ 269,396 $ 38,828 $ 38,286 $ 591 $ 975,759 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 has been provided. The following tables present information related to loans individually evaluated for impairment by class of loans as of June 30, 2020 December 31, 2019 three six June 30, 2020 2019: As of June 30, 20 20 Three Months Ended June 30, 20 20 Six Months Ended June 30, 20 20 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 210 $ 103 $ — $ 131 $ — $ 104 $ — Commercial real estate: Construction — — — — — — — Farmland 411 295 — 297 3 296 13 Nonfarm nonresidential 986 426 — 453 10 465 18 Residential real estate: Multi-family — — — — — — — 1-4 Family 1,819 866 — 856 51 819 54 Consumer 224 14 — 78 — 85 1 Agriculture 297 — — — — 14 — Other — — — — — — — Subtotal 3,947 1,704 — 1,815 64 1,783 86 With An Allowance Recorded: Commercial — — — — — 8 — Commercial real estate: Construction — — — — — — — Farmland 143 143 19 143 2 189 4 Nonfarm nonresidential 161 150 5 75 — 50 — Residential real estate: Multi-family — — — — — — — 1-4 Family 74 74 1 74 1 98 3 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 378 367 25 292 3 345 7 Total $ 4,325 $ 2,071 $ 25 $ 2,107 $ 67 $ 2,128 $ 93 As of December 31, 2019 Three Months Ended June 30, 201 9 Six Months Ended June 30, 201 9 Unpaid Principal Balance Recorded Investment Allowance For Loan Losses Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (in thousands) With No Related Allowance Recorded: Commercial $ 138 $ 50 $ — $ 66 $ — $ 62 $ — Commercial real estate: Construction — — — — — — — Farmland 380 293 — 156 3 134 8 Nonfarm nonresidential 1,057 489 — 246 4 251 7 Residential real estate: Multi-family — — — — — — — 1-4 Family 1,679 745 — 1,448 28 1,508 50 Consumer 309 98 — 14 2 9 2 Agriculture 304 42 — 65 — 43 — Other — — — — — — — Subtotal 3,867 1,717 — 1,995 37 2,007 67 With An Allowance Recorded: Commercial 24 24 3 13 1 9 1 Commercial real estate: Construction — — — — — — — Farmland 282 282 37 225 — 203 — Nonfarm nonresidential — — — — — — — Residential real estate: Multi-family — — — — — — — 1-4 Family 183 147 2 715 10 717 21 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 489 453 42 953 11 929 22 Total $ 4,356 $ 2,170 $ 42 $ 2,948 $ 48 $ 2,936 $ 89 Cash basis income recognized for the three six June 30, 2020 three six June 30, 2019, Troubled Debt Restructuring A troubled debt restructuring (TDR) occurs when the Bank has agreed to an other than short-term loan modification in the form of a concession for a borrower who is experiencing financial difficulty. The Bank’s TDRs may The following table presents the types of TDR loan modifications by portfolio segment outstanding as of June 30, 2020 December 31, 2019: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) June 3 0 , 2020 Commercial Real Estate: Nonfarm nonresidential $ 388 $ — $ 388 Residential Real Estate: 1-4 Family 74 — 74 Total TDRs $ 462 $ — $ 462 TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2019 Commercial Real Estate: Nonfarm nonresidential $ 400 $ — $ 400 Residential Real Estate: 1-4 Family 75 — 75 Total TDRs $ 475 $ — $ 475 At June 30, 2020 December 31, 2019, June 30, 2020 December 31, 2019. June 30, 2020 December 31, 2019 Management periodically reviews renewals and modifications of previously identified TDRs, for which there was no no not not No three six June 30, 2020 June 30, 2019. three six June 30, 2020 June 30, 2019, 12 90 Non-TDR Loan Modifications due to COVID- 19 The Company has elected to account for eligible loan modifications under Section 4013 4013 1 19 2 not 30 December 31, 2019; 3 March 1, 2020 60 March 13, 2020 19 December 31, 2020. not not 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 June 30, 2020, December 31, 2019: Nonaccrual Loans Past Due 90 Days And Over Still Accruing June 30 , 20 20 December 31, 201 9 June 30 , 20 20 December 31, 201 9 (in thousands) Commercial $ 104 $ 50 $ — $ — Commercial Real Estate: Construction — — — — Farmland 295 431 — — Nonfarm nonresidential 188 90 — — Residential Real Estate: Multi-family — — — — 1-4 Family 809 817 — — Consumer 14 98 — — Agriculture — 42 — — Other — — — — Total $ 1,410 $ 1,528 $ — $ — The following table presents the aging of the recorded investment in past due loans as of June 30, 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) June 30, 20 20 Commercial $ — $ — $ — $ 104 $ 104 Commercial Real Estate: Construction — — — — — Farmland 55 — — 295 350 Nonfarm nonresidential — 40 — 188 228 Residential Real Estate: Multi-family — — — — — 1-4 Family 331 88 — 809 1,228 Consumer 67 69 — 14 150 Agriculture 5 — — — 5 Other — — — — — Total $ 458 $ 197 $ — $ 1,410 $ 2,065 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 June 30, 2020, December 31, 2019, Pass Watch Special Mention Substandard Doubtful Total (in thousands) June 30 , 20 20 Commercial $ 203,360 $ 16,048 $ — $ 1,884 $ — $ 221,292 Commercial Real Estate: Construction 73,195 — — — — 73,195 Farmland 72,750 6,008 — 797 — 79,555 Nonfarm nonresidential 246,118 6,726 — 1,772 — 254,616 Residential Real Estate: Multi-family 54,665 10,448 — — — 65,113 1-4 Family 198,014 3,617 — 2,652 — 204,283 Consumer 38,780 3 — 45 — 38,828 Agriculture 38,085 164 — 37 — 38,286 Other 591 — — — — 591 Total $ 925,558 $ 43,014 $ — $ 7,187 $ — $ 975,759 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 |