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: September 30, December 31, 2021 2020 (in thousands) Commercial (1) $ 217,189 $ 208,244 Commercial Real Estate: Construction 75,432 92,916 Farmland 69,531 70,272 Nonfarm nonresidential 307,637 266,394 Residential Real Estate: Multi-family 57,346 61,180 1-4 Family 164,944 188,955 Consumer 38,464 31,429 Agriculture 36,980 42,044 Other 565 647 Subtotal 968,088 962,081 Less: Allowance for loan losses (12,973 ) (12,443 ) Loans, net $ 955,115 $ 949,638 ( 1 Includes SBA Paycheck Protection Program (“PPP”) loans of $5.7 million and $20.3 million at September 30, 2021 December 31, 2020, The following table presents the activity in the allowance for loan losses by portfolio segment for the three September 30, 2021 2020: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) September 30, 2021: Beginning balance $ 2,304 $ 7,799 $ 1,646 $ 385 $ 500 $ 3 $ 12,637 Provision (negative provision) 371 (80 ) (124 ) 146 (13 ) – 300 Loans charged off – – (18 ) (7 ) – – (25 ) Recoveries 10 3 34 7 7 – 61 Ending balance $ 2,685 $ 7,722 $ 1,538 $ 531 $ 494 $ 3 $ 12,973 September 30, 2020: 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 The following table presents the activity in the allowance for loan losses by portfolio segment for the nine September 30, 2021 2020: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total (in thousands) September 30, 2021: Beginning balance $ 2,529 $ 7,050 $ 1,899 $ 361 $ 600 $ 4 $ 12,443 Provision (negative provision) 155 788 (403 ) 187 (76 ) (1 ) 650 Loans charged off (19 ) (129 ) (30 ) (58 ) (44 ) – (280 ) Recoveries 20 13 72 41 14 – 160 Ending balance $ 2,685 $ 7,722 $ 1,538 $ 531 $ 494 $ 3 $ 12,973 September 30, 2020: 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 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, 2021: 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 $ – $ 2,176 $ 2 $ – $ – $ – $ 2,178 Collectively evaluated for impairment 2,685 5,546 1,536 531 494 3 10,795 Total ending allowance balance $ 2,685 $ 7,722 $ 1,538 $ 531 $ 494 $ 3 $ 12,973 Loans: Loans individually evaluated for impairment $ – $ 5,492 $ 912 $ 38 $ 101 $ – $ 6,543 Loans collectively evaluated for impairment 217,189 447,108 221,378 38,426 36,879 565 961,545 Total ending loans balance $ 217,189 $ 452,600 $ 222,290 $ 38,464 $ 36,980 $ 565 $ 968,088 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, 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 $ – $ 2,176 $ 1 $ – $ – $ – $ 2,177 Collectively evaluated for impairment 2,529 4,874 1,898 361 600 4 10,266 Total ending allowance balance $ 2,529 $ 7,050 $ 1,899 $ 361 $ 600 $ 4 $ 12,443 Loans: Loans individually evaluated for impairment $ – $ 5,361 $ 1,060 $ – $ 91 $ – $ 6,512 Loans collectively evaluated for impairment 208,244 424,221 249,075 31,429 41,953 647 955,569 Total ending loans balance $ 208,244 $ 429,582 $ 250,135 $ 31,429 $ 42,044 $ 647 $ 962,081 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, 2021 December 31, 2020 three nine September 30, 2021 2020: As of September 30, 2021 Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 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 $ 298 $ — $ — $ — $ — $ — $ — Commercial real estate: Construction — — — — — — — Farmland 821 640 — 616 26 596 26 Nonfarm nonresidential 1,306 496 — 492 12 517 39 Residential real estate: Multi-family — — — — — — — 1-4 Family 1,733 813 — 716 74 829 112 Consumer 298 38 — 28 — 21 1 Agriculture 459 101 — 101 — 99 — Other — — — — — — — Subtotal 4,915 2,088 — 1,953 112 2,062 178 With An Allowance Recorded: Commercial — — — — — — — Commercial real estate: Construction — — — — — — — Farmland — — — — — — — Nonfarm nonresidential 6,464 4,356 2,176 4,356 66 4,356 196 Residential real estate: Multi-family — — — — — — — 1-4 Family 99 99 2 100 1 102 2 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 6,563 4,455 2,178 4,456 67 4,458 198 Total $ 11,478 $ 6,543 $ 2,178 $ 6,409 $ 179 $ 6,520 $ 376 As of December 31, 2020 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 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 $ 308 $ — $ — $ 101 $ — $ 103 $ — Commercial real estate: Construction — — — — — — — Farmland 555 456 — 292 1 294 14 Nonfarm nonresidential 1,323 549 — 494 13 489 31 Residential real estate: Multi-family — — — — — — — 1-4 Family 1,883 954 — 963 10 879 64 Consumer 259 — — 16 2 68 3 Agriculture 393 91 — — — 11 — Other — — — — — — — Subtotal 4,721 2,050 — 1,866 26 1,844 112 With An Allowance Recorded: Commercial — — — — — 6 — Commercial real estate: Construction — — — — — — — Farmland — — — 282 — 247 4 Nonfarm nonresidential 6,465 4,356 2,176 75 — 38 — Residential real estate: Multi-family — — — — — — — 1-4 Family 106 106 1 91 4 100 7 Consumer — — — — — — — Agriculture — — — — — — — Other — — — — — — — Subtotal 6,571 4,462 2,177 448 4 391 11 Total $ 11,292 $ 6,512 $ 2,177 $ 2,314 $ 30 $ 2,235 $ 123 Cash basis income recognized on impaired loans for the three nine September 30, 2021 three nine September 30, 2020, 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, 2021 December 31, 2020: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) September 30, 2021 Commercial Real Estate: Nonfarm nonresidential $ 349 $ — $ 349 Residential Real Estate: 1-4 Family 212 67 279 Total TDRs $ 561 $ 67 $ 628 TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2020 Commercial Real Estate: Nonfarm nonresidential $ 374 $ — $ 374 Residential Real Estate: 1-4 Family 106 — 106 Total TDRs $ 480 $ — $ 480 At September 30, 2021 December 31, 2020, September 30, 2021 December 31, 2020. September 30, 2021 December 31, 2020 three nine September 30, 2021 September 30, 2020, 12 90 The following table presents a summary of the TDR loan modification by portfolio segment that occurred during the three nine September 30, 2021: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) September 30, 2021 Residential Real Estate: 1-4 Family $ 180 $ — $ 180 Total TDRs $ 180 $ — $ 180 As of September 30, 2021, three nine September 30, 2021 no September 30, 2021. three nine September 30, 2020. 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. December 27, 2020, 4013 December 31, 2020 January 1, 2022. not not Loans subject to CARES Act modifications that had not September 30, 2021 December 31, 2020. one 19 310 10, September 30, 2021 December 31, 2020. Past Due Loans The following table presents the aging of the recorded investment in past due loans as of September 30, 2021 December 31, 2020: 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, 2021 Commercial $ 68 $ 11 $ — $ — $ 79 Commercial Real Estate: Construction — — — — — Farmland 93 — — 640 733 Nonfarm nonresidential 107 — — 147 254 Residential Real Estate: Multi-family — — — — — 1-4 Family 311 100 — 700 1,111 Consumer 51 26 — 39 116 Agriculture — 5 — 101 106 Other — — — — — Total $ 630 $ 142 $ — $ 1,627 $ 2,399 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, 2020 Commercial $ 20 $ — $ — $ — $ 20 Commercial Real Estate: Construction — — — — — Farmland 325 53 — 456 834 Nonfarm nonresidential — 26 — 175 201 Residential Real Estate: Multi-family — — — — — 1-4 Family 1,110 217 — 954 2,281 Consumer 59 49 — — 108 Agriculture 23 27 — 91 141 Other — — — — — Total $ 1,537 $ 372 $ — $ 1,676 $ 3,585 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 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, 2021, December 31, 2020, Pass Watch Special Mention Substandard Doubtful Total (in thousands) September 30, 2021 Commercial $ 209,155 $ 144 $ — $ 7,890 $ — $ 217,189 Commercial Real Estate: Construction 75,432 — — — — 75,432 Farmland 66,499 193 — 2,839 — 69,531 Nonfarm nonresidential 300,733 906 — 5,998 — 307,637 Residential Real Estate: Multi-family 57,346 — — — — 57,346 1-4 Family 160,443 2,133 — 2,368 — 164,944 Consumer 38,403 1 — 60 — 38,464 Agriculture 36,820 30 — 130 — 36,980 Other 565 — — — — 565 Total $ 945,396 $ 3,407 $ — $ 19,285 $ — $ 968,088 Pass Watch Special Mention Substandard Doubtful Total (in thousands) December 31, 2020 Commercial $ 201,240 $ 192 $ — $ 6,812 $ — $ 208,244 Commercial Real Estate: Construction 92,916 — — — — 92,916 Farmland 65,556 3,714 — 1,002 — 70,272 Nonfarm nonresidential 258,665 1,605 — 6,124 — 266,394 Residential Real Estate: Multi-family 50,732 10,448 — — — 61,180 1-4 Family 183,379 2,831 — 2,745 — 188,955 Consumer 31,387 3 — 39 — 31,429 Agriculture 41,503 86 — 455 — 42,044 Other 647 — — — — 647 Total $ 926,025 $ 18,879 $ — $ 17,177 $ — $ 962,081 |