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: 2021 2020 (in thousands) Commercial (1) $ 220,826 $ 208,244 Commercial Real Estate: Construction 74,806 92,916 Farmland 68,388 70,272 Nonfarm nonresidential 345,893 266,394 Residential Real Estate: Multi-family 50,224 61,180 1-4 Family 168,873 188,955 Consumer 36,440 31,429 Agriculture 35,924 42,044 Other 466 647 Subtotal 1,001,840 962,081 Less: Allowance for loan losses (11,531 ) (12,443 ) Loans, net $ 990,309 $ 949,638 ( 1 Includes PPP loans of $1.2 million and $20.3 million at December 31, 2021 2020, The following table presents the activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2021, 2020, 2019: Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total December 31, 2021: (in thousands) Beginning balance $ 2,529 $ 7,050 $ 1,899 $ 361 $ 600 $ 4 $ 12,443 Provision (negative provision) 206 1,314 (537 ) 259 (91 ) (1 ) 1,150 Loans charged off (19 ) (2,302 ) (30 ) (131 ) (44 ) – (2,526 ) Recoveries 172 117 111 49 15 – 464 Ending balance $ 2,888 $ 6,179 $ 1,443 $ 538 $ 480 $ 3 $ 11,531 Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total December 31, 2020: (in thousands) Beginning balance $ 1,710 $ 4,080 $ 1,743 $ 485 $ 355 $ 3 $ 8,376 Provision (negative provision) 822 2,870 135 324 261 (12 ) 4,400 Loans charged off (32 ) (101 ) (130 ) (493 ) (46 ) – (802 ) Recoveries 29 201 151 45 30 13 469 Ending balance $ 2,529 $ 7,050 $ 1,899 $ 361 $ 600 $ 4 $ 12,443 Commercial Commercial Real Estate Residential Real Estate Consumer Agriculture Other Total December 31, 2019: (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 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, 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 $ – $ – $ – $ 2 Collectively evaluated for impairment 2,888 6,179 1,441 538 480 3 11,529 Total ending allowance balance $ 2,888 $ 6,179 $ 1,443 $ 538 $ 480 $ 3 $ 11,531 Loans: Loans individually evaluated for impairment $ – $ 2,878 $ 566 $ 12 $ 9 $ – $ 3,465 Loans collectively evaluated for impairment 220,826 486,209 218,531 36,428 35,915 466 998,375 Total ending loans balance $ 220,826 $ 489,087 $ 219,097 $ 36,440 $ 35,924 $ 466 $ 1,001,840 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 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, 2021: 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 $ 290 $ — $ — $ — $ — $ — Commercial real estate: Construction — — — — — — Farmland 302 215 — 520 55 55 Nonfarm nonresidential 7,755 2,663 — 4,430 302 25 Residential real estate: Multi-family — — — — 1 1 1-4 Family 1,408 501 — 764 135 126 Consumer 272 12 — 19 1 1 Agriculture 366 9 — 81 7 7 Other — — — — — — Subtotal 10,393 3,400 — 5,814 501 215 With An Allowance Recorded: Commercial — — — — — — Commercial real estate: Construction — — — — — — Farmland — — — — — — Nonfarm nonresidential — — — — — — Residential real estate: Multi-family — — — — — — 1-4 Family 65 65 2 95 2 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 65 65 2 95 2 — Total $ 10,458 $ 3,465 $ 2 $ 5,909 $ 503 $ 215 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, 2020: 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 $ 308 $ — $ — $ 82 $ 16 $ 16 Commercial real estate: Construction — — — — — — Farmland 555 456 — 326 45 45 Nonfarm nonresidential 1,323 549 — 501 44 15 Residential real estate: Multi-family — — — — — — 1-4 Family 1,883 954 — 894 86 83 Consumer 259 — — 55 3 3 Agriculture 393 91 — 27 — — Other — — — — — — Subtotal 4,721 2,050 — 1,885 194 162 With An Allowance Recorded: Commercial — — — 5 — — Commercial real estate: Construction — — — — — — Farmland — — — 198 4 — Nonfarm nonresidential 6,465 4,356 2,176 901 263 — Residential real estate: Multi-family — — — — — — 1-4 Family 106 106 1 102 9 — Consumer — — — — — — Agriculture — — — — — — Other — — — — — — Subtotal 6,571 4,462 2,177 1,206 276 — Total $ 11,292 $ 6,512 $ 2,177 $ 3,091 $ 470 $ 162 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 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, 2021 2020: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2021 Commercial Real Estate: Nonfarm nonresidential $ 340 $ — $ 340 Residential Real Estate: 1-4 Family — 65 65 Total TDRs $ 340 $ 65 $ 405 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 December 31, 2021 2020, December 31, 2021 2020, December 31, 2021 December 31, 2020 During the years ended December 31, 2021, 2020, 2019, twelve 90 The following table presents a summary of the TDR loan modifications by portfolio segment that occurred during the year ended December 31, 2021 2020: TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2021 Residential Real Estate: 1-4 Family $ 180 $ — $ 180 Total TDRs $ 180 $ — $ 180 TDRs Performing to Modified Terms TDRs Not Performing to Modified Terms Total TDRs (in thousands) December 31, 2020 Residential Real Estate: 1-4 Family $ 33 $ — $ 33 Total TDRs $ 33 $ — $ 33 The Company has not 2021 2020. twelve December 31, 2021 2020, Non-TDR Loan Modifications due to COVID- 19 The Bank 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 December 31, 2021 December 31, 2020. fourth 2021, one 310 10, December 2020. fourth 2021 $2.2 The following table presents the aging of the recorded investment in past due loans by class as of December 31, 2021 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) December 31, 2021 Commercial $ 6 $ — $ — $ — $ 6 Commercial Real Estate: Construction — — — — — Farmland — — — 215 215 Nonfarm nonresidential — 34 — 2,323 2,357 Residential Real Estate: Multi-family — — — — — 1-4 Family 513 148 — 566 1,227 Consumer 37 28 — 12 77 Agriculture — — — 8 8 Other — — — — — Total $ 556 $ 210 $ — $ 3,124 $ 3,890 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 Loans not December 31, 2021 2020, Pass Watch Special Mention Substandard Doubtful Total (in thousands) December 31, 2021 Commercial $ 207,729 $ 5,207 $ — $ 7,890 $ — $ 220,826 Commercial Real Estate: Construction 74,806 — — — — 74,806 Farmland 65,836 170 — 2,382 — 68,388 Nonfarm nonresidential 341,780 413 — 3,700 — 345,893 Residential Real Estate: Multi-family 50,224 — — — — 50,224 1-4 Family 164,850 2,038 — 1,985 — 168,873 Consumer 36,408 5 — 27 — 36,440 Agriculture 35,863 23 — 38 — 35,924 Other 466 — — — — 466 Total $ 977,962 $ 7,856 $ — $ 16,022 $ — $ 1,001,840 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 |