Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3 Loans net of unearned income, deferred loan origination costs, and net premiums on acquired loans by class were as follows: September 30 , December 31, 20 20 201 9 (in thousands) Commercial (1) $ 218,762 $ 145,551 Commercial Real Estate: Construction 83,977 64,911 Farmland 69,017 79,118 Nonfarm nonresidential 266,477 255,459 Residential Real Estate: Multi-family 63,757 70,950 1-4 Family 194,829 226,629 Consumer 35,289 47,790 Agriculture 41,749 35,064 Other 611 799 Subtotal 974,468 926,271 Less: Allowance for loan losses (11,481 ) (8,376 ) Loans, net $ 962,987 $ 917,895 ( 1 Includes PPP loans of $42.3 million at September 30, 2020. The following table presents the activity in the allowance for loan losses by portfolio segment for the three September 30, 2020 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) September 30 , 20 20 : Beginning balance $ 2,532 $ 4,494 $ 2,146 $ 581 $ 472 $ 3 $ 10,228 Provision (negative provision) 494 665 13 104 76 (2 ) 1,350 Loans charged off – – (17 ) (131 ) (2 ) – (150 ) Recoveries 5 6 13 13 14 2 53 Ending balance $ 3,031 $ 5,165 $ 2,155 $ 567 $ 560 $ 3 $ 11,481 September 30 , 201 9 : Beginning balance $ 1,492 $ 4,453 $ 2,327 $ 153 $ 405 $ 2 $ 8,832 Provision (negative provision) (68 ) 341 (686 ) 354 60 (1 ) – Loans charged off (10 ) (32 ) (73 ) (184 ) – – (299 ) Recoveries 6 7 345 9 3 1 371 Ending balance $ 1,420 $ 4,769 $ 1,913 $ 332 $ 468 $ 2 $ 8,904 The following table presents the activity in the allowance for loan losses by portfolio segment for the nine September 30, 2020 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) September 30, 20 20 : Beginning balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Provision (negative provision) 1,337 1,016 422 503 228 (6 ) 3,500 Loans charged off (32 ) (57 ) (99 ) (444 ) (46 ) – (678 ) Recoveries 16 126 89 23 23 6 283 Ending balance $ 3,031 $ 5,165 $ 2,155 $ 567 $ 560 $ 3 $ 11,481 September 30, 201 9 : Beginning balance $ 1,299 $ 4,676 $ 2,452 $ 130 $ 321 $ 2 $ 8,880 Provision (negative provision) 30 130 (838 ) 531 148 (1 ) – Loans charged off (10 ) (47 ) (190 ) (398 ) (4 ) – (649 ) Recoveries 101 10 489 69 3 1 673 Ending balance $ 1,420 $ 4,769 $ 1,913 $ 332 $ 468 $ 2 $ 8,904 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 September 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 $ – $ 170 $ 1 $ – $ – $ – $ 171 Collectively evaluated for impairment 3,031 4,995 2,154 567 560 3 11,310 Total ending allowance balance $ 3,031 $ 5,165 $ 2,155 $ 567 $ 560 $ 3 $ 11,481 Loans: Loans individually evaluated for impairment $ 99 $ 1,273 $ 1,165 $ 18 $ 1 $ – $ 2,556 Loans collectively evaluated for impairment 218,663 418,198 257,421 35,271 41,748 611 971,912 Total ending loans balance $ 218,762 $ 419,471 $ 258,586 $ 35,289 $ 41,749 $ 611 $ 974,468 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 September 30, 2020 December 31, 2019 three nine September 30, 2020 2019: As of September 30, 20 20 Three Months Ended September 30, 20 20 Nine Months Ended September 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 $ 230 $ 99 $ — $ 101 $ — $ 103 $ — Commercial real estate: Construction — — — — — — — Farmland 418 290 — 292 1 294 14 Nonfarm nonresidential 1,133 562 — 494 13 489 31 Residential real estate: Multi-family — — — — — — — 1-4 Family 2,025 1,059 — 963 10 879 64 Consumer 288 18 — 16 2 68 3 Agriculture 306 1 — — — 11 — Other — — — — — — — Subtotal 4,400 2,029 — 1,866 26 1,844 112 With An Allowance Recorded: Commercial — — — — — 6 — Commercial real estate: Construction — — — — — — — Farmland 421 421 170 282 — 247 4 Nonfarm nonresidential — — — 75 — 38 — Residential real estate: Multi-family — — — — — — — 1-4 Family 106 106 1 91 4 100 7 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 527 527 171 448 4 391 11 Total $ 4,927 $ 2,556 $ 171 $ 2,314 $ 30 $ 2,235 $ 123 As of December 31, 201 9 Three Months Ended September 30, 201 9 Nine Months Ended September 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 $ 2 $ 59 $ 2 Commercial real estate: Construction — — — — — — — Farmland 380 293 — 202 2 150 10 Nonfarm nonresidential 1,057 489 — 237 2 247 9 Residential real estate: Multi-family — — — — — — — 1-4 Family 1,679 745 — 1,588 132 1,566 182 Consumer 309 98 — 76 2 45 4 Agriculture 304 42 — 65 — 49 — Other — — — — — — — Subtotal 3,867 1,717 — 2,234 140 2,116 207 With An Allowance Recorded: Commercial 24 24 3 26 1 13 2 Commercial real estate: Construction — — — — — — — Farmland 282 282 37 292 7 225 7 Nonfarm nonresidential — — — — — — — Residential real estate: Multi-family — — — — — — — 1-4 Family 183 147 2 356 7 537 28 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 489 453 42 674 15 775 37 Total $ 4,356 $ 2,170 $ 42 $ 2,908 $ 155 $ 2,891 $ 244 Cash basis income recognized on impaired loans for the three nine September 30, 2020 three nine September 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 September 30, 2020 December 31, 2019: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) September 3 0 , 2020 Commercial Real Estate: Nonfarm nonresidential $ 382 $ — $ 382 Residential Real Estate: 1-4 Family 107 — 107 Total TDRs $ 489 $ — $ 489 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 September 30, 2020 December 31, 2019, September 30, 2020 December 31, 2019. September 30, 2020 December 31, 2019 three nine September 30, 2020 September 30, 2019, 12 90 The following table presents a summary of the TDR loan modifications by portfolio segment that occurred during the three nine September 30, 2020: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) September 3 0 , 20 20 Residential Real Estate: 1-4 Family 33 — 33 Total TDRs $ 33 $ — $ 33 As of September 30, 2020, 100% 2020 not 2020. three nine September 30, 2020, no three nine September 30, 2019. Management periodically reviews renewals and modifications of previously identified TDRs, for which there was no no not not 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 September 30, 2020, December 31, 2019: Nonaccrual Loans Past Due 90 Days And Over Still Accruing September 30 , 20 20 December 31, 201 9 September 30 , 20 20 December 31, 201 9 (in thousands) Commercial $ 99 $ 50 $ — $ — Commercial Real Estate: Construction — — — — Farmland 711 431 — — Nonfarm nonresidential 180 90 — — Residential Real Estate: Multi-family — — — — 1-4 Family 1,029 817 — — Consumer 18 98 — — Agriculture 1 42 — — Other — — — — Total $ 2,038 $ 1,528 $ — $ — The following table presents the aging of the recorded investment in past due loans as of September 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) September 30, 20 20 Commercial $ 12 $ — $ — $ 99 $ 111 Commercial Real Estate: Construction — — — — — Farmland 76 — — 711 787 Nonfarm nonresidential — 39 — 180 219 Residential Real Estate: Multi-family — — — — — 1-4 Family 365 196 — 1,029 1,590 Consumer 29 30 — 18 77 Agriculture — — — 1 1 Other — — — — — Total $ 482 $ 265 $ — $ 2,038 $ 2,785 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 September 30, 2020, December 31, 2019, Pass Watch Special Mention Substandard Doubtful Total (in thousands) September 30, 20 20 Commercial $ 201,009 $ 3,568 $ — $ 14,185 $ — $ 218,762 Commercial Real Estate: Construction 83,977 — — — — 83,977 Farmland 61,919 5,617 273 1,208 — 69,017 Nonfarm nonresidential 258,116 4,578 — 3,783 — 266,477 Residential Real Estate: Multi-family 53,309 10,448 — — — 63,757 1-4 Family 188,519 3,474 — 2,836 — 194,829 Consumer 35,236 6 — 47 — 35,289 Agriculture 41,199 91 91 368 — 41,749 Other 611 — — — — 611 Total $ 923,895 $ 27,782 $ 364 $ 22,427 $ — $ 974,468 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 |