Document And Entity Information
| Document And Entity Information - shares | 3 Months Ended | |
| Mar. 31, 2020 | May 01, 2020 | |
| Document Information [Line Items] | ||
| Entity Registrant Name | Oak Valley Bancorp | |
| Entity Central Index Key | 0001431567 | |
| Trading Symbol | ovly | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Filer Category | Accelerated Filer | |
| Entity Current Reporting Status | Yes | |
| Entity Emerging Growth Company | false | |
| Entity Small Business | true | |
| Entity Interactive Data Current | Yes | |
| Entity Common Stock, Shares Outstanding (in shares) | 8,216,714 | |
| Entity Shell Company | false | |
| Document Type | 10-Q | |
| Document Period End Date | Mar. 31, 2020 | |
| Document Fiscal Year Focus | 2020 | |
| Document Fiscal Period Focus | Q1 | |
| Amendment Flag | false | |
| Title of 12(b) Security | Common Stock |
Condensed Consolidated Balance
| Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 |
| ASSETS | ||
| Cash and due from banks | $ 72,884,000 | $ 133,809,000 |
| Federal funds sold | 19,930,000 | 13,785,000 |
| Cash and cash equivalents | 92,814,000 | 147,594,000 |
| Securities - available for sale | 245,155,000 | 190,088,000 |
| Securities - equity investments | 3,371,000 | 3,297,000 |
| Loans, net of allowance for loan losses of $9,586 and $9,146 at March 31, 2020 and December 31, 2019, respectively | 749,726,000 | 741,047,000 |
| Cash surrender value of life insurance | 24,805,000 | 24,631,000 |
| Bank premises and equipment, net | 15,174,000 | 15,229,000 |
| Goodwill and other intangible assets, net | 3,812,000 | 3,837,000 |
| Interest receivable and other assets | 21,778,000 | 22,062,000 |
| Assets, Total | 1,156,635,000 | 1,147,785,000 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Deposits | 1,026,925,000 | 1,019,929,000 |
| Interest payable and other liabilities | 15,323,000 | 15,286,000 |
| Total liabilities | 1,042,248,000 | 1,035,215,000 |
| Shareholders’ equity | ||
| Common stock, no par value; 50,000,000 shares authorized, 8,216,714 and 8,210,147 shares issued and outstanding at at March 31, 2020 and December 31, 2019, respectively | 25,435,000 | 25,435,000 |
| Additional paid-in capital | 3,837,000 | 3,777,000 |
| Retained earnings | 82,521,000 | 80,961,000 |
| Accumulated other comprehensive income, net of tax | 2,594,000 | 2,397,000 |
| Total shareholders’ equity | 114,387,000 | 112,570,000 |
| Liabilities and Equity, Total | $ 1,156,635,000 | $ 1,147,785,000 |
Condensed Consolidated Balanc_2
| Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Net of allowance for loan loss | $ 9,586 | $ 9,146 |
| Common stock, par value (in dollars per share) | $ 0 | $ 0 |
| Common stock, shares authorized (in shares) | 50,000,000 | 50,000,000 |
| Common stock, shares issued (in shares) | 8,216,714 | 8,210,147 |
| Common stock, shares outstanding (in shares) | 8,216,714 | 8,210,147 |
Condensed Consolidated Statemen
| Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| INTEREST INCOME | ||
| Interest and fees on loans | $ 8,791 | $ 8,427 |
| Interest on securities | 1,359 | 1,539 |
| Interest on federal funds sold | 42 | 51 |
| Interest on deposits with banks | 367 | 516 |
| Total interest income | 10,559 | 10,533 |
| INTEREST EXPENSE | ||
| Deposits | 331 | 422 |
| Total interest expense | 331 | 422 |
| Net interest income | 10,228 | 10,111 |
| Provision for loan losses | 450 | 0 |
| Net interest income after provision for loan losses | 9,778 | 10,111 |
| NON-INTEREST INCOME | ||
| Earnings on cash surrender value of life insurance | 174 | 125 |
| Gains on sales and calls of available-for-sale securities | 0 | 109 |
| Other | 383 | 352 |
| Total non-interest income | 1,284 | 1,275 |
| NON-INTEREST EXPENSE | ||
| Salaries and employee benefits | 4,601 | 4,404 |
| Occupancy expenses | 868 | 890 |
| Data processing fees | 494 | 447 |
| Regulatory assessments (FDIC & DBO) | 30 | 110 |
| Other operating expenses | 1,456 | 1,382 |
| Total non-interest expense | 7,449 | 7,233 |
| Net income before provision for income taxes | 3,613 | 4,153 |
| Total provision for income taxes | 904 | 1,049 |
| Net Income | $ 2,709 | $ 3,104 |
| Net income per share (in dollars per share) | $ 0.33 | $ 0.38 |
| Net income per diluted share (in dollars per share) | $ 0.33 | $ 0.38 |
| Deposit Account [Member] | ||
| NON-INTEREST INCOME | ||
| Other income | $ 387 | $ 393 |
| Debit Card [Member] | ||
| NON-INTEREST INCOME | ||
| Other income | 295 | 274 |
| Mortgage Banking [Member] | ||
| NON-INTEREST INCOME | ||
| Other income | $ 45 | $ 22 |
Condensed Consolidated Statem_2
| Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| Net income | $ 2,709 | $ 3,104 |
| Other comprehensive income: | ||
| Unrealized holding gains arising during the period | 279 | 1,721 |
| Less: reclassification for net gains included in net income | 0 | (109) |
| Other comprehensive income, before tax | 279 | 1,612 |
| Tax expense related to items of other comprehensive income | (81) | (477) |
| Total other comprehensive income | 198 | 1,135 |
| Comprehensive income | $ 2,907 | $ 4,239 |
Condensed Consolidated Statem_3
| Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Total |
| Balances (in shares) at Dec. 31, 2018 | 8,194,805 | ||||
| Balances at Dec. 31, 2018 | $ 25,429 | $ 3,358 | $ 70,686 | $ (435) | $ 99,038 |
| Stock options exercised (in shares) | 1,000 | ||||
| Stock options exercised | $ 6 | 6 | |||
| Restricted stock issued (in shares) | 20,845 | ||||
| Restricted stock issued | 0 | ||||
| Restricted stock forfeited (in shares) | (1,500) | ||||
| Restricted stock forfeited | 0 | ||||
| Restricted stock surrendered for tax withholding (in shares) | (5,400) | ||||
| Restricted stock surrendered for tax withholding | (90) | (90) | |||
| Cash dividends declared | (1,106) | (1,106) | |||
| Stock based compensation | 131 | 131 | |||
| Other comprehensive income (loss) | 1,135 | 1,135 | |||
| Net income | 3,104 | ||||
| Balances (in shares) at Mar. 31, 2019 | 8,209,750 | ||||
| Balances at Mar. 31, 2019 | $ 25,435 | 3,399 | 72,684 | 700 | 102,218 |
| Balances (in shares) at Dec. 31, 2019 | 8,210,147 | ||||
| Balances at Dec. 31, 2019 | $ 25,435 | 3,777 | 80,961 | 2,397 | 112,570 |
| Restricted stock issued (in shares) | 14,006 | ||||
| Restricted stock issued | 0 | ||||
| Restricted stock forfeited (in shares) | (1,500) | ||||
| Restricted stock forfeited | 0 | ||||
| Restricted stock surrendered for tax withholding (in shares) | (5,939) | ||||
| Restricted stock surrendered for tax withholding | (100) | (100) | |||
| Cash dividends declared | (1,149) | (1,149) | |||
| Stock based compensation | 160 | 160 | |||
| Other comprehensive income (loss) | 197 | 198 | |||
| Net income | 2,709 | 2,709 | |||
| Balances (in shares) at Mar. 31, 2020 | 8,216,714 | ||||
| Balances at Mar. 31, 2020 | $ 25,435 | $ 3,837 | $ 82,521 | $ 2,594 | $ 114,387 |
Condensed Consolidated Statem_4
| Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| Cash dividends declared, per share (in dollars per share) | $ 0.14 | $ 0.135 |
Condensed Consolidated Statem_5
| Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $ 2,709 | $ 3,104 |
| Adjustments to reconcile net income to net cash from operating activities: | ||
| Provision for loan losses | 450 | 0 |
| Increase (decrease) in deferred fees/costs, net | 6 | (33) |
| Depreciation | 265 | 272 |
| Amortization of investment securities, net | 134 | 280 |
| Stock based compensation | 160 | 131 |
| Gain on sales and calls of available for sale securities | 0 | (109) |
| Earnings on cash surrender value of life insurance | (174) | (125) |
| Increase in interest payable and other liabilities | 278 | 5,568 |
| (Increase) decrease in interest receivable | (259) | 392 |
| Decrease (increase) in other assets | 487 | (1,476) |
| Net cash from operating activities | 4,056 | 8,004 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchases of available for sale securities | (67,627) | (7,176) |
| Purchases of available-for-sale securities | (21) | (22) |
| Proceeds from maturities, calls, and principal paydowns of securities available for sale | 12,651 | 11,657 |
| Investment in LIHTC | (241) | (202) |
| Net (increase) decrease in loans | (9,135) | 4,485 |
| Purchases of bank premises and equipment | (210) | (2) |
| Net cash (used in) from investing activities | (64,583) | 8,740 |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Shareholder cash dividends paid | (1,149) | (1,106) |
| Net increase (decrease) in demand deposits and savings accounts | 8,757 | (44,967) |
| Net decrease in time deposits | (1,761) | (2,785) |
| Proceeds from exercise of stock options | 0 | 6 |
| Tax withholding payments on vested restricted shares surrendered | (100) | (90) |
| Net cash from (used in) financing activities | 5,747 | (48,942) |
| NET DECREASE IN CASH AND CASH EQUIVALENTS | (54,780) | (32,198) |
| CASH AND CASH EQUIVALENTS, beginning of period | 147,594 | 126,145 |
| CASH AND CASH EQUIVALENTS, end of period | 92,814 | 93,947 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
| Interest | 317 | 423 |
| NON-CASH INVESTING ACTIVITIES: | ||
| Change in unrealized gain on securities | 278 | 1,612 |
| Change in contributions payable to LIHTC limited partner investment | (241) | (202) |
| Lease right-of-use assets | 241 | 4,817 |
| NON-CASH FINANCING ACTIVITIES: | ||
| Present value of lease obligations | $ (255) | $ 5,246 |
Note 1 - Basis of Presentation
| Note 1 - Basis of Presentation | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Basis of Accounting [Text Block] | NOTE 1 On July 3, 2008 one The consolidated financial statements include the accounts of the parent company and its wholly-owned bank subsidiary. Unless otherwise stated, the “Company” refers to the consolidated entity, Oak Valley Bancorp, while the “Bank” refers to Oak Valley Community Bank. All material intercompany transactions have been eliminated. The interim consolidated financial statements included in this report are unaudited but reflect all adjustments which, in the opinion of management, are necessary for a fair presentation of the financial position and results of operations for the interim periods presented. All such adjustments are of a normal recurring nature. The results of operations for the three March 31, 2020 not no 10 December 31, 2019. Oak Valley Community Bank is a California state-chartered bank. The Company was incorporated under the laws of the State of California on May 31, 1990 May 28, 1991. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant accounting estimates reflected in the Company’s consolidated financial statements include the allowance for loan losses and fair value measurements. The estimates and assumptions may may 19 |
Note 2 - Recent Accounting Pron
| Note 2 - Recent Accounting Pronouncements | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Accounting Standards Update and Change in Accounting Principle [Text Block] | NOTE 2 In February 2016, No. 2016 02, Leases (Topic 842 2016 02 December 15, 2018 January 1, 2019 not 5 In June 2016, No. 2016 13, Financial Instruments – Credit Losses (Topic 326 December 15, 2019, October 2019, three January 1, 2023. not In January 2017, 2017 04 , Intangibles Goodwill and Other (Subtopic 350 Simplifying the Test for Goodwill Impairment second December 15, 2019. not In August 2018, 2018 13, Fair Value Measurement (Subtopic 820 Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement . 2018 13 2018 13 December 15, 2019. 2018 13 may not In March 2019, 2019 01 , Leases (Topic 842 two 2016 02. December 15, 2019, 2019 01 not In April 2019, 2019 04, Codification Improvements to Topic 326, 815, 825, January 1, 2020 not In May 2019, 2019 05, Financial Instruments - Credit Losses (Topic 326 not 2016 13, 2016 13 In March 2020, 2020 04 Reference Rate Reform (Subtopic 848 March 12, 2020 December 31, 2022. |
Note 3 - Securities
| Note 3 - Securities | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | NOTE 3 – SECURITIES Equity Securities The Company held equity securities with fair values of $3,371,000 $3,297,000 March 31, 2020 December 31, 2019, no three March 31, 2020 2019. 2016 01, $53,000 three March 31, 2020, $43,000 three March 31, 2019. Debt Securities Debt securities have been classified in the financial statements as available for sale. The amortized cost and estimated fair values of debt securities as of March 31, 2020 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 29,255 $ 875 $ (22 ) $ 30,108 Collateralized mortgage obligations 1,546 17 (134 ) 1,429 Municipalities 134,250 6,234 (10 ) 140,474 Small Business Administration pools 5,888 9 (29 ) 5,868 Corporate debt 18,253 175 (1,012 ) 17,416 Asset backed securities 52,281 23 (2,444 ) 49,860 $ 241,473 $ 7,333 $ (3,651 ) $ 245,155 The following tables detail the gross unrealized losses and fair values of debt securities aggregated by investment category and the length of time that individual securities have been in a continuous unrealized loss position as of March 31, 2020. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 3,631 (10 ) $ 294 $ (12 ) $ 3,925 $ (22 ) Collateralized mortgage obligations 598 (134 ) 0 0 598 (134 ) Municipalities 6,442 (10 ) 0 0 6,442 (10 ) Small Business Administration pools 1,323 (5 ) 3,184 (24 ) 4,507 (29 ) Corporate debt 1,999 (1 ) 8,299 (1,011 ) 10,298 (1,012 ) Asset backed securities 29,324 (823 ) 18,853 (1,621 ) 48,177 (2,444 ) Total temporarily impaired securities $ 43,317 $ (983 ) $ 30,630 $ (2,668 ) $ 73,947 $ (3,651 ) As of March 31, 2020, six one five ten 12 March 31, 2020, sixteen one four two three one 12 third no not not The amortized cost and estimated fair value of debt securities as of March 31, 2020, may (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 28,968 $ 28,962 Due after one year through five years 72,893 75,484 Due after five years through ten years 67,749 69,532 Due after ten years 71,863 71,177 $ 241,473 $ 245,155 The amortized cost and estimated fair values of debt securities as of December 31, 2019 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 31,180 $ 566 $ (17 ) $ 31,729 Collateralized mortgage obligations 1,618 5 (9 ) 1,614 Municipalities 86,826 3,746 (1 ) 90,571 SBA pools 6,419 9 (33 ) 6,395 Corporate debt 19,253 173 (458 ) 18,968 Asset backed securities 41,389 76 (654 ) 40,811 $ 186,685 $ 4,575 $ (1,172 ) $ 190,088 The following tables detail the gross unrealized losses and fair values of debt securities segregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2019. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 3,934 (11 ) $ 1,535 $ (6 ) $ 5,469 $ (17 ) Collateralized mortgage obligations 0 0 650 (9 ) 650 (9 ) Municipalities 0 0 411 (1 ) 411 (1 ) SBA pools 1,423 (7 ) 3,545 (26 ) 4,968 (33 ) Corporate debt 2,994 (6 ) 8,859 (452 ) 11,853 (458 ) Asset backed securities 12,891 (233 ) 21,313 (421 ) 34,204 (654 ) Total temporarily impaired securities $ 21,242 $ (257 ) $ 36,313 $ (915 ) $ 57,555 $ (1,172 ) At December 31, 2019, one three six five one eleven 12 December 31, 2019, three eight two two 12 The Company recognized no three March 31, 2020, $109,000 2019. no three March 31, 2020 2019. Debt securities carried at $114,812,000 $123,381,000 March 31, 2020 December 31, 2019, |
Note 4 - Loans
| Note 4 - Loans | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4 – LOANS The Company’s customers are primarily located in Stanislaus, San Joaquin, Tuolumne, Inyo, and Mono Counties. As of March 31, 2020, 81% 11% 5% 3% (in thousands) March 31, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 48,458 $ 53,169 Commercial real estate- mortgages 488,305 475,146 Land 8,091 8,367 Farmland 70,743 70,320 Commercial and industrial 81,351 77,704 Consumer 1,081 1,274 Consumer residential 37,522 36,647 Agriculture 24,558 28,358 Total loans 760,109 750,985 Less: Deferred loan fees and costs, net (797 ) (792 ) Allowance for loan losses (9,586 ) (9,146 ) Net loans $ 749,726 $ 741,047 Loan Origination/Risk Management. Commercial and industrial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably and prudently expand its business. Underwriting standards are designed to promote relationship banking rather than transactional banking. Once it is determined that the borrower’s management possesses sound ethics and solid business acumen, the Company’s management examines current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed. Commercial and industrial loans are primarily made based on the identified cash flows of the borrower and secondarily made based on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not may may may may Commercial real estate loans are subject to underwriting standards and processes similar to commercial and industrial loans, in addition to those of real estate loans. These loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally largely dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may third March 31, 2020 December 31, 2019, 38% 39%, With respect to loans to developers and builders that are secured by non-owner occupied properties that the Company may may may Agricultural production, real estate and development lending is susceptible to credit risks including adverse weather conditions, pest and disease, as well as market price fluctuations and foreign competition. Agricultural loan underwriting standards are maintained by following Company policies and procedures in place to minimize risk in this lending segment. These standards consist of limiting credit to experienced farmers who have demonstrated farm management capabilities, requiring cash flow projections displaying margins sufficient for repayment from normal farm operations along with equity injected as required by policy, as well as providing adequate secondary repayment and sponsorship including satisfactory collateral support. Credit enhancement obtained through government guarantee programs may The Company originates consumer loans utilizing common underwriting criteria specified in policy. To monitor and manage consumer loan risk, policies and procedures are developed and modified, as needed, jointly by line and staff personnel. This activity, coupled with relatively small loan amounts that are spread across many individual borrowers, minimizes risk. Additionally, trend and outlook reports are reviewed by management on a regular basis. Underwriting standards for 1 4 not 80%, 36% 42%, The Company maintains an independent loan review program that reviews and validates the credit risk program on a periodic basis. Results of these reviews are presented to management. The loan review process complements and reinforces the risk identification and assessment decisions made by lenders and credit personnel, as well as the Bank’s policies and procedures. Non-Accrual and Past Due Loans. not may may not Non-accrual loans, segregated by class of loans, were as follows: (in thousands) March 31, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 823 855 Farmland 0 0 Commercial and industrial 0 0 Consumer 0 0 Consumer residential 137 248 Agriculture 0 0 Total non-accrual loans $ 960 $ 1,103 Had non-accrual loans performed in accordance with their original contract terms, the Company would have recognized additional interest income of approximately $11,000 three March 31, 2020, $14,000 2019. The following table analyzes past due loans including the past due non-accrual loans in the above table, segregated by class of loans, as of March 31, 2020 ( March 31, 2020 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 48,458 $ 48,458 $ 0 Commercial R.E. - mortgages 14 0 0 14 488,291 488,305 0 Land 0 0 0 0 8,091 8,091 0 Farmland 0 0 0 0 70,743 70,743 0 Commercial and industrial 0 0 0 0 81,351 81,351 0 Consumer 0 0 0 0 1,081 1,081 0 Consumer residential 0 0 137 137 37,385 37,522 0 Agriculture 0 0 0 0 24,558 24,558 0 Total $ 14 $ 0 $ 137 $ 151 $ 759,958 $ 760,109 $ 0 The following table analyzes past due loans including the past due non-accrual loans in the above table, segregated by class of loans, as of December 31, 2019 December 31, 2019 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 53,169 $ 53,169 $ 0 Commercial R.E. - mortgages 0 0 0 0 475,146 475,146 0 Land 0 0 0 0 8,367 8,367 0 Farmland 0 0 111 111 70,209 70,320 0 Commercial and industrial 0 0 0 0 77,704 77,704 0 Consumer 2 0 0 2 1,272 1,274 0 Consumer residential 0 0 137 137 36,510 36,647 0 Agriculture 0 0 0 0 28,358 28,358 0 Total $ 2 $ 0 $ 248 $ 250 $ 750,735 $ 750,985 $ 0 Impaired Loans. no three March 31, 2020 2019. Impaired loans as of March 31, 2020 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance March 31, 2020 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 850 0 823 823 680 Farmland 0 0 0 0 0 Commercial and Industrial 0 0 0 0 0 Consumer 0 0 0 0 0 Consumer residential 137 137 0 137 0 Agriculture 0 0 0 0 0 Total $ 987 $ 137 $ 823 $ 960 $ 680 Average recorded investment in impaired loans outstanding as of March 31, 2020 2019 Average Recorded Investment for the (in thousands) 2020 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 Commercial R.E. - mortgages 0 0 Land 835 906 Farmland 0 0 Commercial and Industrial 0 0 Consumer 0 0 Consumer residential 192 14 Agriculture 0 0 Total $ 1,027 $ 920 Impaired loans as of December 31, 2019 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 873 0 855 855 680 892 Farmland 0 0 0 0 0 0 Commercial and Industrial 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 Consumer residential 312 248 0 248 0 113 Agriculture 0 0 0 0 0 0 Total $ 1,185 $ 248 $ 855 $ 1,103 $ 680 $ 1,005 Troubled Debt Restructurings – As of March 31, 2020, one $823,000, March 31, 2020 not 19 December 31, 2019, one $855,000, March 31, 2020 December 31, 2019, no $680,000 March 31, 2020 December 31, 2019. During the three March 31, 2020 2019, no one There were no twelve three March 31, 2020 2019. ninety Loan Risk Grades– The Company grades loans using the following letter system: 1 2 3A 3B 3C 4 5 6 7 8 1. Exceptional Loan 1 ● A high level of liquidity and whose debt-servicing capacity exceeds expected obligations by a substantial margin. ● Where leverage is below average for the industry and earnings are consistent or growing without severe vulnerability to economic cycles. ● Also included in this rating (but not one 110% 2. Quality Loan No 2 ● Unquestionable debt-servicing capacity to cover all obligations in the ordinary course of business from well-defined primary and secondary sources. ● Consistent strong earnings. ● A solid equity base. 3A. Better than Acceptable Loan 3 three three 3 3A ● Strong earnings with no three ● Long term experienced management with depth and defined management succession. ● The loan has no ● Loan-to-value on real estate secured transactions is 10% 20% ● Very liquid balance sheet that may ● Little to no 3B. Acceptable Loan 3B 3A 3C not ● Are those where the borrower has average financial strengths, a history of profitable operations and experienced management. ● Are those where the borrower can be expected to handle normal credit needs in a satisfactory manner. 3C. Marginally Acceptable Loan 3C 3Bs ● Requires collateral. ● A credit facility where the borrower has average financial strengths, but usually lacks reliable secondary sources of repayment other than the subject collateral. ● Other common characteristics can include some or all of the following: minimal background experience of management, lacking continuity of management, a start-up operation, erratic historical profitability (acceptable reasons-well identified), lack of or marginal sponsorship of guarantor, and government guaranteed loans. 4 ( W ). Watch Acceptable Loan may ● Any unexpected short-term adverse financial performance from budgeted projections or a prior period’s results (i.e., declining profits, sales, margins, cash flow, or increased reliance on leverage, including adverse balance sheet ratios, trade debt issues, etc.). ● Any managerial or personal problems of company management, decline in the entire industry or local economic conditions, or failure to provide financial information or other documentation as requested. ● Issues regarding delinquency, overdrafts, or renewals. ● Any other issues that cause concern for the company. ● Loans to individuals or loans supported by guarantors with marginal net worth and/or marginal collateral. ● Weaknesses that are identified are short-term in nature. ● Loans in this category are usually accounts the Bank would want to retain providing a positive turnaround can be expected within a reasonable time frame. Grade 4 5 . Special Mention Loan may, ● The lending officer may ● Questions exist regarding the condition of and/or control over collateral. ● Economic or market conditions may ● A declining trend in the obligor’s operations or an imbalanced position in the balance sheet exists, but not 6 . Substandard Loan not not 7 . Doubtful Loan one may may may not 40 65 25 40 65 A proper classification of such a credit would show 40 25 35 may 8 . Loss not not no not may not As of March 31, 2020 December 31, 2019, no 8 The following table presents weighted average risk grades of the Company’s loan portfolio: March 31, 2020 December 31, 2019 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.00 Commercial real estate - mortgages 3.05 3.02 Land 3.73 3.72 Farmland 3.04 3.04 Commercial and industrial 3.05 3.05 Consumer 2.23 2.29 Consumer residential 3.02 3.02 Agriculture 3.18 3.17 Total gross loans 3.06 3.03 The following table presents risk grade totals by class of loans as of March 31, 2020 December 31, 2019. 1 4 (in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2020 Pass $ 48,458 $ 484,778 $ 7,268 $ 69,551 $ 78,894 $ 1,057 $ 37,346 $ 22,771 $ 750,123 Special mention - 3,527 - 1,192 413 - - 1,787 6,919 Substandard - - 823 - 2,044 24 176 - 3,067 Total loans $ 48,458 $ 488,305 $ 8,091 $ 70,743 $ 81,351 $ 1,081 $ 37,522 $ 24,558 $ 760,109 December 31, 2019 Pass $ 53,169 $ 471,594 $ 7,512 $ 69,002 $ 74,960 $ 1,249 $ 36,470 $ 26,512 $ 740,468 Special mention - 3,552 - 1,207 550 - - 1,846 7,155 Substandard - - 855 111 2,194 25 177 - 3,362 Total loans $ 53,169 $ 475,146 $ 8,367 $ 70,320 $ 77,704 $ 1,274 $ 36,647 $ 28,358 $ 750,985 Allowance for Loan Losses. 310, 450, not The level of the allowance reflects management’s continuing evaluation of industry concentrations, specific credit risks, loan loss experience, current loan portfolio quality, present economic, political and regulatory conditions and unidentified losses inherent in the current loan portfolio. Portions of the allowance may The Company’s allowance for loan losses consists of three 310 450 450 The allowances established for probable losses on specific loans are based on a regular analysis and evaluation of problem loans. Loans are classified based on an internal credit risk grading process that evaluates, among other things: (i) the obligor’s ability to repay; (ii) the underlying collateral, if any; and (iii) the economic environment and industry in which the borrower operates. This analysis is performed at the relationship manager level for all commercial loans. When a loan has a calculated grade of 5 Historical valuation allowances are calculated based on the historical loss experience of specific types of loans and the internal risk grade of such loans at the time they were charged-off. The Company calculates historical loss ratios for pools of similar loans with similar characteristics based on the proportion of actual charge-offs experienced to the total population of loans in the pool. The historical loss ratios are periodically updated based on actual charge-off experience. A historical valuation allowance is established for each pool of similar loans based upon the product of the historical loss ratio and the total dollar amount of the loans in the pool. The Company’s pools of similar loans include similarly risk-graded groups of commercial and industrial loans, commercial real estate loans, consumer residential, consumer and agriculture. General valuation allowances are based on general economic conditions and other qualitative risk factors both internal and external to the Bank and the Company. In general, such valuation allowances are determined by evaluating, among other things: (i) the experience, ability and effectiveness of the Bank’s lending management and staff; (ii) the effectiveness of the Bank’s loan policies, procedures and internal controls; (iii) changes in asset quality; (iv) changes in loan portfolio volume; (v) the composition and concentrations of credit; (vi) the impact of competition on loan structuring and pricing; (vii) the effectiveness of the internal loan review function; (viii) the impact of environmental risks on portfolio risks; and (ix) the impact of rising interest rates on portfolio risk. Management evaluates the degree of risk that each one Included in the general valuation allowances are allocations for groups of similar loans with risk characteristics that exceed certain concentration limits established by management. Concentration risk limits have been established, among other things, for certain industry concentrations, large balance and highly leveraged credit relationships that exceed specified risk grades, and loans originated with policy exceptions that exceed specified risk grades. Loans identified as losses by management, internal loan review and/or bank examiners are charged-off. Furthermore, consumer loan accounts are charged-off automatically based on regulatory requirements. The following table details activity in the allowance for loan losses by portfolio segment for the three March 31, 2020 2019. one not Allowance for Loan Losses For the Three Months Ended March 31, 2020 and 2019 (in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 7,170 $ 1,000 $ 38 $ 306 $ 525 $ 107 $ 9,146 Charge-offs 0 0 (12 ) (2 ) 0 0 (14 ) Recoveries 0 0 3 1 0 0 4 Provision for (reversal of) loan losses 518 68 4 23 (59 ) (104 ) 450 Ending balance $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Commercial Commercial Consumer Three Months Ended March 31, 2019 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,580 $ 1,065 $ 39 $ 304 $ 693 $ 4 $ 8,685 Charge-offs 0 0 (10 ) 0 0 0 (10 ) Recoveries 0 0 2 0 0 0 2 Provision for (reversal of) loan losses (40 ) (104 ) 2 (11 ) (24 ) 177 0 Ending balance $ 6,540 $ 961 $ 33 $ 293 $ 669 $ 181 $ 8,677 The following table details the allowance for loan losses and ending gross loan balances as of March 31, 2020 December 31, 2019, (in thousands) Commercial Commercial Consumer March 31, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 7,008 1,068 33 328 466 3 8,906 $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Ending gross loan balances: Individually evaluated for impairment $ 823 $ 0 $ 0 $ 137 $ 0 $ 0 $ 960 Collectively evaluated for impairment 614,774 81,351 1,081 37,385 24,558 0 759,149 $ 615,597 $ 81,351 $ 1,081 $ 37,522 $ 24,558 $ 0 $ 760,109 December 31, 2019 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 6,490 1,000 38 306 525 107 8,466 $ 7,170 $ 1,000 $ 38 $ 306 $ 525 $ 107 $ 9,146 Ending gross loan balances: Individually evaluated for impairment $ 855 $ 0 $ 0 $ 248 $ 0 $ 0 $ 1,103 Collectively evaluated for impairment 606,147 77,704 1,274 36,399 28,358 0 749,882 $ 607,002 $ 77,704 $ 1,274 $ 36,647 $ 28,358 $ 0 $ 750,985 Changes in the reserve for off-balance-sheet commitments were as follows: THREE MONTHS ENDED MARCH 31, (in thousands) 2020 2019 Balance, beginning of period $ 427 $ 396 Provision to Operations for Off Balance Sheet Commitments (31 ) 49 Balance, end of period $ 396 $ 445 The method for calculating the reserve for off-balance-sheet loan commitments is based on a reserve percentage which is less than other outstanding loan types because they are at a lower risk level. This reserve percentage, based on many factors including historical losses and existing economic conditions, is evaluated by management periodically and is applied to the total undisbursed loan commitment balance to calculate the reserve for off-balance-sheet commitments. Reserves for off-balance-sheet commitments are recorded in interest payable and other liabilities on the condensed consolidated balance sheets. At March 31, 2020 December 31, 2019, $760,109,000 $750,985,000, |
Note 5 - Leases
| Note 5 - Leases | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Lessee, Operating Leases [Text Block] | NOTE 5 — LEASES We have historically entered into a number of lease arrangements under which we are the lessee. We have elected the practical expedient to rely on our original lease classification at the commencement of each lease contract, and not No. 2016 02, Leases (Topic 842 January 1, 2019. 1 2 $5,000 not not not twelve no January 1, 2019. March 31, 2020, $4,071,000. Most of our office leases include one not not The Company determined the operating lease liability as of January 1, 2019, January 1, 2019, 7.9 3.12%. January 1, 2019, January 1, 2019 $5,246,000, January 1, 2019 $4,817,000, For the three March 31, 2020, $276,000, $274,000 |
Note 6 - Financial Instruments
| Note 6 - Financial Instruments and Fair Value Measurements | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block] | NOTE 6 Fair values of financial instruments — March 31, 2020 December 31, 2019. not We determine the fair values of our financial instruments based on the fair value hierarchy established under applicable accounting guidance which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value: Level 1: Level 2: Level 3: In certain cases, the inputs used to measure fair value may no three March 31, 2020 2019. Following is a description of valuation methodologies used for assets and liabilities in the tables below: Cash and cash equivalents – 1 Restricted Equity Securities- 2 Loans receivable not 3 Deposit liabilities 3 Interest receivable and payable - 2 Off-balance-sheet instruments 3 The estimated fair values of the Company’s financial instruments not March 31, 2020 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 92,814 $ 92,814 1 Restricted equity securities 4,761 4,761 2 Loans, net 749,726 760,179 3 Interest receivable 3,716 3,716 2 Financial liabilities: Deposits (1,026,925 ) (1,026,952 ) 3 Interest payable (64 ) (64 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,532 ) 3 The estimated fair values of the Company’s financial instruments not December 31, 2019 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 147,594 $ 147,594 1 Restricted equity securities 4,761 4,761 2 Loans, net 741,047 742,484 3 Interest receivable 3,457 3,457 2 Financial liabilities: Deposits (1,019,929 ) (1,019,654 ) 3 Interest payable (50 ) (50 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,647 ) 3 The following table presents the carrying value of recurring and nonrecurring financial instruments that were measured at fair value and that were still held in the condensed consolidated balance sheets at each respective period end, by level within the fair value hierarchy as of March 31, 2020 December 31, 2019. Fair Value Measurements as of March 31, 2020 Using (in thousands) March 31, 2020 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 30,108 $ 0 $ 30,108 $ 0 Collateralized mortgage obligations 1,429 0 1,429 0 Municipalities 140,474 0 140,474 0 Small Business Administration pools 5,868 0 5,868 0 Corporate debt 17,416 0 17,416 0 Asset backed securities 49,860 0 49,860 0 Equity Securities:* Mutual fund $ 3,371 $ 3,371 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 143 $ 0 $ 0 $ 143 Consumer residential 137 0 0 137 Fair Value Measurements at Dec ember 3 1 , 201 9 Using (in thousands) Dec ember 3 1 , 201 9 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 31,729 $ 0 $ 31,729 $ 0 Collateralized mortgage obligations 1,614 0 1,614 0 Municipalities 90,571 0 90,571 0 Small Business Administration pools 6,395 0 6,395 0 Corporate debt 18,968 0 18,968 0 Asset backed securities 40,811 0 40,811 0 Equity Securities:* Mutual fund $ 3,297 $ 3,297 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 175 $ 0 $ 0 $ 175 Consumer residential 248 0 0 248 Available-for-sale and equity securities - not 1 2 3 Impaired loans 820 310, Accounting by Creditors for Impairment of a Loan not not 3. not no 3. There have been no three March 31, 2020. |
Note 7 - Earnings Per Share
| Note 7 - Earnings Per Share | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Earnings Per Share [Text Block] | NOTE 7 – EARNINGS PER SHARE Earnings per share (“EPS”) are based upon the weighted average number of common shares outstanding during each year. The following table shows: ( 1 2 3 two two not The Company’s calculation of basic and diluted EPS for the three March 31, 2020 2019 THREE MONTHS ENDED (In thousands) MARCH 31, 20 20 201 9 BASIC EARNINGS PER SHARE Net income $ 2,709 $ 3,104 Weighted average shares outstanding 8,115 8,093 Net income per common share $ 0.33 $ 0.38 DILUTED EARNINGS PER SHARE Net income $ 2,709 $ 3,104 Weighted average shares outstanding 8,115 8,093 Effect of dilutive non-vested restricted shares 20 9 Weighted average shares of common stock and common stock equivalents 8,135 8,102 Net income per diluted common share $ 0.33 $ 0.38 |
Note 8 - Risks and Uncertaintie
| Note 8 - Risks and Uncertainties | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Effect of Covid-19 Pandemic [Text Block] | NOTE 8 – RISKS AND UNCERTAINTIES The coronavirus (“COVID- 19” first 2020 17% 81% 19 not not The most significant impact of COVID- 19 19 no first 2020 19 19 may not Increased demand for liquidity by clients is another impact that could occur should the COVID- 19 March 31, 2020, 19, The extent to which the COVID- 19 may 1A, 19. |
Note 9 - Subsequent Events
| Note 9 - Subsequent Events | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] | NOTE 9 – S UBSEQUENT EVENTS With the passage of the Paycheck Protection Program (“PPP”), administered by the Small Business Administration (“SBA”), the Company assisted its customers with applications for resources through the program. As of April 16, 2020, $350 $310 April 27, 2020. May 7, 2020, $125 two 1%. May 7, 2020, 1,278 $220,259,000 The COVID- 19 six No first 2020. May 7, 2020, 33 $432,236,000 second 2020. no |
Note 3 - Securities (Tables)
| Note 3 - Securities (Tables) | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes Tables | |
| Available-for-sale Securities [Table Text Block] | (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 29,255 $ 875 $ (22 ) $ 30,108 Collateralized mortgage obligations 1,546 17 (134 ) 1,429 Municipalities 134,250 6,234 (10 ) 140,474 Small Business Administration pools 5,888 9 (29 ) 5,868 Corporate debt 18,253 175 (1,012 ) 17,416 Asset backed securities 52,281 23 (2,444 ) 49,860 $ 241,473 $ 7,333 $ (3,651 ) $ 245,155 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 31,180 $ 566 $ (17 ) $ 31,729 Collateralized mortgage obligations 1,618 5 (9 ) 1,614 Municipalities 86,826 3,746 (1 ) 90,571 SBA pools 6,419 9 (33 ) 6,395 Corporate debt 19,253 173 (458 ) 18,968 Asset backed securities 41,389 76 (654 ) 40,811 $ 186,685 $ 4,575 $ (1,172 ) $ 190,088 |
| Schedule of Unrealized Loss on Investments [Table Text Block] | (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 3,631 (10 ) $ 294 $ (12 ) $ 3,925 $ (22 ) Collateralized mortgage obligations 598 (134 ) 0 0 598 (134 ) Municipalities 6,442 (10 ) 0 0 6,442 (10 ) Small Business Administration pools 1,323 (5 ) 3,184 (24 ) 4,507 (29 ) Corporate debt 1,999 (1 ) 8,299 (1,011 ) 10,298 (1,012 ) Asset backed securities 29,324 (823 ) 18,853 (1,621 ) 48,177 (2,444 ) Total temporarily impaired securities $ 43,317 $ (983 ) $ 30,630 $ (2,668 ) $ 73,947 $ (3,651 ) (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies $ 3,934 (11 ) $ 1,535 $ (6 ) $ 5,469 $ (17 ) Collateralized mortgage obligations 0 0 650 (9 ) 650 (9 ) Municipalities 0 0 411 (1 ) 411 (1 ) SBA pools 1,423 (7 ) 3,545 (26 ) 4,968 (33 ) Corporate debt 2,994 (6 ) 8,859 (452 ) 11,853 (458 ) Asset backed securities 12,891 (233 ) 21,313 (421 ) 34,204 (654 ) Total temporarily impaired securities $ 21,242 $ (257 ) $ 36,313 $ (915 ) $ 57,555 $ (1,172 ) |
| Investments Classified by Contractual Maturity Date [Table Text Block] | (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 28,968 $ 28,962 Due after one year through five years 72,893 75,484 Due after five years through ten years 67,749 69,532 Due after ten years 71,863 71,177 $ 241,473 $ 245,155 |
Note 4 - Loans (Tables)
| Note 4 - Loans (Tables) | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes Tables | |
| Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | (in thousands) March 31, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 48,458 $ 53,169 Commercial real estate- mortgages 488,305 475,146 Land 8,091 8,367 Farmland 70,743 70,320 Commercial and industrial 81,351 77,704 Consumer 1,081 1,274 Consumer residential 37,522 36,647 Agriculture 24,558 28,358 Total loans 760,109 750,985 Less: Deferred loan fees and costs, net (797 ) (792 ) Allowance for loan losses (9,586 ) (9,146 ) Net loans $ 749,726 $ 741,047 |
| Financing Receivable, Nonaccrual [Table Text Block] | (in thousands) March 31, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 823 855 Farmland 0 0 Commercial and industrial 0 0 Consumer 0 0 Consumer residential 137 248 Agriculture 0 0 Total non-accrual loans $ 960 $ 1,103 |
| Financing Receivable, Past Due [Table Text Block] | March 31, 2020 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 48,458 $ 48,458 $ 0 Commercial R.E. - mortgages 14 0 0 14 488,291 488,305 0 Land 0 0 0 0 8,091 8,091 0 Farmland 0 0 0 0 70,743 70,743 0 Commercial and industrial 0 0 0 0 81,351 81,351 0 Consumer 0 0 0 0 1,081 1,081 0 Consumer residential 0 0 137 137 37,385 37,522 0 Agriculture 0 0 0 0 24,558 24,558 0 Total $ 14 $ 0 $ 137 $ 151 $ 759,958 $ 760,109 $ 0 December 31, 2019 30-59 Days Past Due 60-89 Days Past Due Greater Than 90 Days Past Due Total Past Due Current Total Greater Than 90 Days Past Due and Still Accruing Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 53,169 $ 53,169 $ 0 Commercial R.E. - mortgages 0 0 0 0 475,146 475,146 0 Land 0 0 0 0 8,367 8,367 0 Farmland 0 0 111 111 70,209 70,320 0 Commercial and industrial 0 0 0 0 77,704 77,704 0 Consumer 2 0 0 2 1,272 1,274 0 Consumer residential 0 0 137 137 36,510 36,647 0 Agriculture 0 0 0 0 28,358 28,358 0 Total $ 2 $ 0 $ 248 $ 250 $ 750,735 $ 750,985 $ 0 |
| Impaired Financing Receivables [Table Text Block] | (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance March 31, 2020 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 850 0 823 823 680 Farmland 0 0 0 0 0 Commercial and Industrial 0 0 0 0 0 Consumer 0 0 0 0 0 Consumer residential 137 137 0 137 0 Agriculture 0 0 0 0 0 Total $ 987 $ 137 $ 823 $ 960 $ 680 Average Recorded Investment for the (in thousands) 2020 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 Commercial R.E. - mortgages 0 0 Land 835 906 Farmland 0 0 Commercial and Industrial 0 0 Consumer 0 0 Consumer residential 192 14 Agriculture 0 0 Total $ 1,027 $ 920 (in thousands) Unpaid Contractual Principal Balance Recorded Investment With No Allowance Recorded Investment With Allowance Total Recorded Investment Related Allowance Average Recorded Investment December 31, 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 0 Land 873 0 855 855 680 892 Farmland 0 0 0 0 0 0 Commercial and Industrial 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 Consumer residential 312 248 0 248 0 113 Agriculture 0 0 0 0 0 0 Total $ 1,185 $ 248 $ 855 $ 1,103 $ 680 $ 1,005 |
| Financing Receivable Credit Quality Indicators [Table Text Block] | (in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Residential Agriculture Total March 31, 2020 Pass $ 48,458 $ 484,778 $ 7,268 $ 69,551 $ 78,894 $ 1,057 $ 37,346 $ 22,771 $ 750,123 Special mention - 3,527 - 1,192 413 - - 1,787 6,919 Substandard - - 823 - 2,044 24 176 - 3,067 Total loans $ 48,458 $ 488,305 $ 8,091 $ 70,743 $ 81,351 $ 1,081 $ 37,522 $ 24,558 $ 760,109 December 31, 2019 Pass $ 53,169 $ 471,594 $ 7,512 $ 69,002 $ 74,960 $ 1,249 $ 36,470 $ 26,512 $ 740,468 Special mention - 3,552 - 1,207 550 - - 1,846 7,155 Substandard - - 855 111 2,194 25 177 - 3,362 Total loans $ 53,169 $ 475,146 $ 8,367 $ 70,320 $ 77,704 $ 1,274 $ 36,647 $ 28,358 $ 750,985 |
| Financing Receivable, Allowance for Credit Loss [Table Text Block] | Allowance for Loan Losses For the Three Months Ended March 31, 2020 and 2019 (in thousands) Commercial Commercial Consumer Three Months Ended March 31, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 7,170 $ 1,000 $ 38 $ 306 $ 525 $ 107 $ 9,146 Charge-offs 0 0 (12 ) (2 ) 0 0 (14 ) Recoveries 0 0 3 1 0 0 4 Provision for (reversal of) loan losses 518 68 4 23 (59 ) (104 ) 450 Ending balance $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Commercial Commercial Consumer Three Months Ended March 31, 2019 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,580 $ 1,065 $ 39 $ 304 $ 693 $ 4 $ 8,685 Charge-offs 0 0 (10 ) 0 0 0 (10 ) Recoveries 0 0 2 0 0 0 2 Provision for (reversal of) loan losses (40 ) (104 ) 2 (11 ) (24 ) 177 0 Ending balance $ 6,540 $ 961 $ 33 $ 293 $ 669 $ 181 $ 8,677 (in thousands) Commercial Commercial Consumer March 31, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 7,008 1,068 33 328 466 3 8,906 $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Ending gross loan balances: Individually evaluated for impairment $ 823 $ 0 $ 0 $ 137 $ 0 $ 0 $ 960 Collectively evaluated for impairment 614,774 81,351 1,081 37,385 24,558 0 759,149 $ 615,597 $ 81,351 $ 1,081 $ 37,522 $ 24,558 $ 0 $ 760,109 December 31, 2019 Allowance for loan losses for loans: Individually evaluated for impairment $ 680 $ 0 $ 0 $ 0 $ 0 $ 0 $ 680 Collectively evaluated for impairment 6,490 1,000 38 306 525 107 8,466 $ 7,170 $ 1,000 $ 38 $ 306 $ 525 $ 107 $ 9,146 Ending gross loan balances: Individually evaluated for impairment $ 855 $ 0 $ 0 $ 248 $ 0 $ 0 $ 1,103 Collectively evaluated for impairment 606,147 77,704 1,274 36,399 28,358 0 749,882 $ 607,002 $ 77,704 $ 1,274 $ 36,647 $ 28,358 $ 0 $ 750,985 |
| Change in Allowance for Loan Losses [Table Text Block] | THREE MONTHS ENDED MARCH 31, (in thousands) 2020 2019 Balance, beginning of period $ 427 $ 396 Provision to Operations for Off Balance Sheet Commitments (31 ) 49 Balance, end of period $ 396 $ 445 |
| Weighted Average [Member] | |
| Notes Tables | |
| Financing Receivable Credit Quality Indicators [Table Text Block] | March 31, 2020 December 31, 2019 Weighted Average Risk Grade Weighted Average Risk Grade Commercial real estate: Commercial real estate - construction 3.00 3.00 Commercial real estate - mortgages 3.05 3.02 Land 3.73 3.72 Farmland 3.04 3.04 Commercial and industrial 3.05 3.05 Consumer 2.23 2.29 Consumer residential 3.02 3.02 Agriculture 3.18 3.17 Total gross loans 3.06 3.03 |
Note 6 - Financial Instrument_2
| Note 6 - Financial Instruments and Fair Value Measurements (Tables) | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes Tables | |
| Fair Value, by Balance Sheet Grouping [Table Text Block] | Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 92,814 $ 92,814 1 Restricted equity securities 4,761 4,761 2 Loans, net 749,726 760,179 3 Interest receivable 3,716 3,716 2 Financial liabilities: Deposits (1,026,925 ) (1,026,952 ) 3 Interest payable (64 ) (64 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,532 ) 3 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 147,594 $ 147,594 1 Restricted equity securities 4,761 4,761 2 Loans, net 741,047 742,484 3 Interest receivable 3,457 3,457 2 Financial liabilities: Deposits (1,019,929 ) (1,019,654 ) 3 Interest payable (50 ) (50 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,647 ) 3 |
| Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | Fair Value Measurements as of March 31, 2020 Using (in thousands) March 31, 2020 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 30,108 $ 0 $ 30,108 $ 0 Collateralized mortgage obligations 1,429 0 1,429 0 Municipalities 140,474 0 140,474 0 Small Business Administration pools 5,868 0 5,868 0 Corporate debt 17,416 0 17,416 0 Asset backed securities 49,860 0 49,860 0 Equity Securities:* Mutual fund $ 3,371 $ 3,371 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 143 $ 0 $ 0 $ 143 Consumer residential 137 0 0 137 Fair Value Measurements at Dec ember 3 1 , 201 9 Using (in thousands) Dec ember 3 1 , 201 9 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 31,729 $ 0 $ 31,729 $ 0 Collateralized mortgage obligations 1,614 0 1,614 0 Municipalities 90,571 0 90,571 0 Small Business Administration pools 6,395 0 6,395 0 Corporate debt 18,968 0 18,968 0 Asset backed securities 40,811 0 40,811 0 Equity Securities:* Mutual fund $ 3,297 $ 3,297 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 175 $ 0 $ 0 $ 175 Consumer residential 248 0 0 248 |
Note 7 - Earnings Per Share (Ta
| Note 7 - Earnings Per Share (Tables) | 3 Months Ended |
| Mar. 31, 2020 | |
| Notes Tables | |
| Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | THREE MONTHS ENDED (In thousands) MARCH 31, 20 20 201 9 BASIC EARNINGS PER SHARE Net income $ 2,709 $ 3,104 Weighted average shares outstanding 8,115 8,093 Net income per common share $ 0.33 $ 0.38 DILUTED EARNINGS PER SHARE Net income $ 2,709 $ 3,104 Weighted average shares outstanding 8,115 8,093 Effect of dilutive non-vested restricted shares 20 9 Weighted average shares of common stock and common stock equivalents 8,135 8,102 Net income per diluted common share $ 0.33 $ 0.38 |
Note 1 - Basis of Presentation
| Note 1 - Basis of Presentation (Details Textual) | Jul. 03, 2008shares |
| Conversion of Stock Shares Converted for Each Outstanding Share of Wholly Owned Subsidiary (in shares) | 1 |
Note 3 - Securities (Details Te
| Note 3 - Securities (Details Textual) | 3 Months Ended | ||
| Mar. 31, 2020USD ($) | Mar. 31, 2019USD ($) | Dec. 31, 2019USD ($) | |
| Equity Securities, FV-NI | $ 3,371,000 | $ 3,297,000 | |
| Equity Securities, FV-NI, Realized Gain (Loss), Total | 0 | $ 0 | |
| Equity Securities, FV-NI, Unrealized Gain (Loss), Total | 53,000 | (43,000) | |
| Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total | $ 0 | $ 109,000 | |
| Number of Debt Securities, Available-for-sale, Sold | 0 | 0 | |
| Security Owned and Pledged as Collateral, Fair Value, Total | $ 114,812,000 | $ 123,381,000 | |
| Corporate Debt Securities [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 6 | 6 | |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 1 | 2 | |
| US Government Agencies Debt Securities [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 1 | 3 | |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 4 | 3 | |
| SBA Pool [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 5 | 5 | |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 2 | 2 | |
| Asset-backed Securities [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 10 | 11 | |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 16 | 8 | |
| US States and Political Subdivisions Debt Securities [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 1 | ||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 3 | ||
| Collateralized Mortgage Obligations [Member] | |||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 1 | ||
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 1 | ||
Note 3 - Securities - Amortized
| Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Available-for-sale securities, amortized cost | $ 241,473 | $ 186,685 |
| Available-for-sale securities, gross unrealized gains | 7,333 | 4,575 |
| Available-for-sale securities, gross unrealized losses | (3,651) | (1,172) |
| Available-for-sale securities, fair market value | 245,155 | 190,088 |
| US Government Agencies Debt Securities [Member] | ||
| Available-for-sale securities, amortized cost | 29,255 | 31,180 |
| Available-for-sale securities, gross unrealized gains | 875 | 566 |
| Available-for-sale securities, gross unrealized losses | (22) | (17) |
| Available-for-sale securities, fair market value | 30,108 | 31,729 |
| Collateralized Mortgage Obligations [Member] | ||
| Available-for-sale securities, amortized cost | 1,546 | 1,618 |
| Available-for-sale securities, gross unrealized gains | 17 | 5 |
| Available-for-sale securities, gross unrealized losses | (134) | (9) |
| Available-for-sale securities, fair market value | 1,429 | 1,614 |
| US States and Political Subdivisions Debt Securities [Member] | ||
| Available-for-sale securities, amortized cost | 134,250 | 86,826 |
| Available-for-sale securities, gross unrealized gains | 6,234 | 3,746 |
| Available-for-sale securities, gross unrealized losses | (10) | (1) |
| Available-for-sale securities, fair market value | 140,474 | 90,571 |
| SBA Pool [Member] | ||
| Available-for-sale securities, amortized cost | 5,888 | 6,419 |
| Available-for-sale securities, gross unrealized gains | 9 | 9 |
| Available-for-sale securities, gross unrealized losses | (29) | (33) |
| Available-for-sale securities, fair market value | 5,868 | 6,395 |
| Corporate Debt Securities [Member] | ||
| Available-for-sale securities, amortized cost | 18,253 | 19,253 |
| Available-for-sale securities, gross unrealized gains | 175 | 173 |
| Available-for-sale securities, gross unrealized losses | (1,012) | (458) |
| Available-for-sale securities, fair market value | 17,416 | 18,968 |
| Asset-backed Securities [Member] | ||
| Available-for-sale securities, amortized cost | 52,281 | 41,389 |
| Available-for-sale securities, gross unrealized gains | 23 | 76 |
| Available-for-sale securities, gross unrealized losses | (2,444) | (654) |
| Available-for-sale securities, fair market value | $ 49,860 | $ 40,811 |
Note 3 - Securities - Securitie
| Note 3 - Securities - Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Less than 12 months, fair value | $ 43,317 | $ 21,242 |
| Less than 12 months, unrealized loss | (983) | (257) |
| 12 months or more, fair value | 30,630 | 36,313 |
| 12 months or more, unrealized loss | (2,668) | (915) |
| Fair value | 73,947 | 57,555 |
| Unrealized loss | (3,651) | (1,172) |
| US Government Agencies Debt Securities [Member] | ||
| Less than 12 months, fair value | 3,631 | 3,934 |
| Less than 12 months, unrealized loss | (10) | (11) |
| 12 months or more, fair value | 294 | 1,535 |
| 12 months or more, unrealized loss | (12) | (6) |
| Fair value | 3,925 | 5,469 |
| Unrealized loss | (22) | (17) |
| Collateralized Mortgage Obligations [Member] | ||
| Less than 12 months, fair value | 598 | 0 |
| Less than 12 months, unrealized loss | (134) | 0 |
| 12 months or more, fair value | 0 | 650 |
| 12 months or more, unrealized loss | 0 | (9) |
| Fair value | 598 | 650 |
| Unrealized loss | (134) | (9) |
| US States and Political Subdivisions Debt Securities [Member] | ||
| Less than 12 months, fair value | 6,442 | 0 |
| Less than 12 months, unrealized loss | (10) | 0 |
| 12 months or more, fair value | 0 | 411 |
| 12 months or more, unrealized loss | 0 | (1) |
| Fair value | 6,442 | 411 |
| Unrealized loss | (10) | (1) |
| SBA Pool [Member] | ||
| Less than 12 months, fair value | 1,323 | 1,423 |
| Less than 12 months, unrealized loss | (5) | (7) |
| 12 months or more, fair value | 3,184 | 3,545 |
| 12 months or more, unrealized loss | (24) | (26) |
| Fair value | 4,507 | 4,968 |
| Unrealized loss | (29) | (33) |
| Corporate Debt Securities [Member] | ||
| Less than 12 months, fair value | 1,999 | 2,994 |
| Less than 12 months, unrealized loss | (1) | (6) |
| 12 months or more, fair value | 8,299 | 8,859 |
| 12 months or more, unrealized loss | (1,011) | (452) |
| Fair value | 10,298 | 11,853 |
| Unrealized loss | (1,012) | (458) |
| Asset-backed Securities [Member] | ||
| Less than 12 months, fair value | 29,324 | 12,891 |
| Less than 12 months, unrealized loss | (823) | (233) |
| 12 months or more, fair value | 18,853 | 21,313 |
| 12 months or more, unrealized loss | (1,621) | (421) |
| Fair value | 48,177 | 34,204 |
| Unrealized loss | $ (2,444) | $ (654) |
Note 3 - Securities - Contractu
| Note 3 - Securities - Contractual Maturity or Call Date (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Due in one year or less, amortized cost | $ 28,968 | |
| Due in one year or less, fair value | 28,962 | |
| Due after one year through five years, amortized cost | 72,893 | |
| Due after one year through five years, fair value | 75,484 | |
| Due after five years through ten years, amortized cost | 67,749 | |
| Due after five years through ten years, fair value | 69,532 | |
| Due after ten years, amortized cost | 71,863 | |
| Due after ten years, fair value | 71,177 | |
| Amortized cost | 241,473 | $ 186,685 |
| Fair Value | $ 245,155 | $ 190,088 |
Note 4 - Loans (Details Textual
| Note 4 - Loans (Details Textual) | 3 Months Ended | ||
| Mar. 31, 2020USD ($) | Mar. 31, 2019USD ($) | Dec. 31, 2019USD ($) | |
| Loans and Leases Receivable, Percentage of Outstanding Principal Balance Secured by Owner Occupied Properties | 38.00% | 39.00% | |
| Underwriting Standards, Loan to Value Percentage | 80.00% | ||
| Underwriting Standards, Housing Percentage | 36.00% | ||
| Underwriting Standards, Total Debt Ratio | 42.00% | ||
| Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans | $ 11,000 | $ 14,000 | |
| Impaired Financing Receivable, Interest Income, Accrual Method, Total | $ 0 | $ 0 | |
| Financing Receivable, Modifications, Number of Contracts Held | 1 | 1 | |
| Financing Receivable, Troubled Debt Restructuring | $ 823,000 | $ 855,000 | |
| Financing Receivable, Troubled Debt Restructuring, Commitment to Lend | 0 | 0 | |
| Allowance for Credit Losses, Trouble Debt Restructurings | $ 680,000 | 680,000 | |
| Financing Receivable, Modifications, Number of Contracts | 0 | 0 | |
| Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts | 0 | 0 | |
| Financing Receivable Modifications, Period Contractually Past Due for Loan to Be Considered in Payment Default (Day) | 90 days | ||
| Loans and Leases Receivable, Minimum Cash Collateral Percent | 110.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 760,109,000 | 750,985,000 | |
| Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged | $ 760,109,000 | 750,985,000 | |
| Substandard [Member] | |||
| Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category | 40.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 3,067,000 | 3,362,000 | |
| Doubtful [Member] | |||
| Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category | 25.00% | ||
| Unlikely to be Collected Financing Receivable [Member] | |||
| Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category | 35.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 0 | 0 | |
| Minimum [Member] | |||
| Financing Receivable, Rating Example Disbursement to Unsecured Creditors by Illusory Company in Liquidation, Percentage | 40.00% | ||
| Maximum [Member] | |||
| Financing Receivable, Rating Example Disbursement to Unsecured Creditors by Illusory Company in Liquidation, Percentage | 65.00% | ||
| Commercial Real Estate Portfolio Segment [Member] | |||
| Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans | 81.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 615,597,000 | 607,002,000 | |
| Commercial Portfolio Segment [Member] | |||
| Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans | 11.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 81,351,000 | 77,704,000 | |
| Commercial Portfolio Segment [Member] | Substandard [Member] | |||
| Loans and Leases Receivable, Gross, Total | $ 2,044,000 | 2,194,000 | |
| Residential Real Estate and Other Consumer Loans [Member] | |||
| Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans | 5.00% | ||
| Agriculture [Member] | |||
| Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans | 3.00% | ||
| Loans and Leases Receivable, Gross, Total | $ 24,558,000 | 28,358,000 | |
| Agriculture [Member] | Substandard [Member] | |||
| Loans and Leases Receivable, Gross, Total | |||
Note 4 - Loans - Loans (Details
| Note 4 - Loans - Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | Dec. 31, 2018 |
| Loans | $ 760,109 | $ 750,985 | ||
| Deferred loan fees and costs, net | (797) | (792) | ||
| Allowance for loan losses | (9,586) | (9,146) | $ (8,677) | $ (8,685) |
| Net loans | 749,726 | 741,047 | ||
| Commercial Real Estate Portfolio Segment [Member] | ||||
| Loans | 615,597 | 607,002 | ||
| Allowance for loan losses | (7,688) | (7,170) | (6,540) | (6,580) |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||||
| Loans | 48,458 | 53,169 | ||
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||||
| Loans | 488,305 | 475,146 | ||
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||||
| Loans | 8,091 | 8,367 | ||
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||||
| Loans | 70,743 | 70,320 | ||
| Commercial Portfolio Segment [Member] | ||||
| Loans | 81,351 | 77,704 | ||
| Allowance for loan losses | (1,068) | (1,000) | (961) | (1,065) |
| Consumer Portfolio Segment [Member] | ||||
| Loans | 1,081 | 1,274 | ||
| Allowance for loan losses | (33) | (38) | (33) | (39) |
| Residential Portfolio Segment [Member] | ||||
| Loans | 37,522 | 36,647 | ||
| Allowance for loan losses | (328) | (306) | (293) | (304) |
| Agriculture [Member] | ||||
| Loans | 24,558 | 28,358 | ||
| Allowance for loan losses | $ (466) | $ (525) | $ (669) | $ (693) |
Note 4 - Loans - Non Accrual Lo
| Note 4 - Loans - Non Accrual Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Non-accrual loans | $ 960 | $ 1,103 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Non-accrual loans | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Non-accrual loans | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Non-accrual loans | 823 | 855 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Non-accrual loans | 0 | 0 |
| Commercial Portfolio Segment [Member] | ||
| Non-accrual loans | 0 | 0 |
| Consumer Portfolio Segment [Member] | ||
| Non-accrual loans | 0 | 0 |
| Residential Portfolio Segment [Member] | ||
| Non-accrual loans | 137 | 248 |
| Agriculture [Member] | ||
| Non-accrual loans | $ 0 | $ 0 |
Note 4 - Loans - Aging of Past
| Note 4 - Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Past due | $ 151 | $ 250 |
| Current | 759,958 | 750,735 |
| Loans | 760,109 | 750,985 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 14 | 2 |
| Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 137 | 248 |
| Commercial Real Estate Portfolio Segment [Member] | ||
| Loans | 615,597 | 607,002 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Past due | 0 | 0 |
| Current | 48,458 | 53,169 |
| Loans | 48,458 | 53,169 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Past due | 14 | 0 |
| Current | 488,291 | 475,146 |
| Loans | 488,305 | 475,146 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 14 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Past due | 0 | 0 |
| Current | 8,091 | 8,367 |
| Loans | 8,091 | 8,367 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Past due | 0 | 111 |
| Current | 70,743 | 70,209 |
| Loans | 70,743 | 70,320 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 111 |
| Commercial Portfolio Segment [Member] | ||
| Past due | 0 | 0 |
| Current | 81,351 | 77,704 |
| Loans | 81,351 | 77,704 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Consumer Portfolio Segment [Member] | ||
| Past due | 0 | 2 |
| Current | 1,081 | 1,272 |
| Loans | 1,081 | 1,274 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 2 |
| Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Residential Portfolio Segment [Member] | ||
| Past due | 137 | 137 |
| Current | 37,385 | 36,510 |
| Loans | 37,522 | 36,647 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | 137 | 137 |
| Agriculture [Member] | ||
| Past due | 0 | 0 |
| Current | 24,558 | 28,358 |
| Loans | 24,558 | 28,358 |
| Greater than 90 days past due and still accruing | 0 | 0 |
| Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
| Past due | 0 | 0 |
| Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
| Past due | $ 0 | $ 0 |
Note 4 - Loans - Impaired Loans
| Note 4 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
| Unpaid contractual principal | $ 987 | $ 1,185 | |
| Recorded investment with no allowance | 137 | 248 | |
| Recorded investment with allowance | 823 | 855 | |
| Total recorded investment | 960 | 1,103 | |
| Related allowance | 680 | 680 | |
| Average recorded investment | 1,027 | $ 920 | 1,005 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 0 | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 0 | 0 | 0 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | |||
| Unpaid contractual principal | 850 | 873 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 823 | 855 | |
| Total recorded investment | 823 | 855 | |
| Related allowance | 680 | 680 | |
| Average recorded investment | 835 | 906 | 892 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 0 | 0 | 0 |
| Commercial Portfolio Segment [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 0 | 0 | 0 |
| Consumer Portfolio Segment [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 0 | 0 | 0 |
| Residential Portfolio Segment [Member] | |||
| Unpaid contractual principal | 137 | 312 | |
| Recorded investment with no allowance | 137 | 248 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 137 | 248 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | 192 | 14 | 113 |
| Agriculture [Member] | |||
| Unpaid contractual principal | 0 | 0 | |
| Recorded investment with no allowance | 0 | 0 | |
| Recorded investment with allowance | 0 | 0 | |
| Total recorded investment | 0 | 0 | |
| Related allowance | 0 | 0 | |
| Average recorded investment | $ 0 | $ 0 | $ 0 |
Note 4 - Loans - Weighted Avera
| Note 4 - Loans - Weighted Average Risk Grades of Loan Portfolio (Details) | 3 Months Ended | 12 Months Ended |
| Mar. 31, 2020 | Dec. 31, 2019 | |
| Weighted average risk grade of loans | 3.06 | 3.03 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Weighted average risk grade of loans | 3 | 3 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Weighted average risk grade of loans | 3.05 | 3.02 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Weighted average risk grade of loans | 3.73 | 3.72 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Weighted average risk grade of loans | 3.04 | 3.04 |
| Commercial Portfolio Segment [Member] | ||
| Weighted average risk grade of loans | 3.05 | 3.05 |
| Consumer Portfolio Segment [Member] | ||
| Weighted average risk grade of loans | 2.23 | 2.29 |
| Residential Portfolio Segment [Member] | ||
| Weighted average risk grade of loans | 3.02 | 3.02 |
| Agriculture [Member] | ||
| Weighted average risk grade of loans | 3.18 | 3.17 |
Note 4 - Loans - Loans by Credi
| Note 4 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Loans | $ 760,109 | $ 750,985 |
| Commercial Real Estate Portfolio Segment [Member] | ||
| Loans | 615,597 | 607,002 |
| Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Loans | 48,458 | 53,169 |
| Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Loans | 488,305 | 475,146 |
| Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Loans | 8,091 | 8,367 |
| Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Loans | 70,743 | 70,320 |
| Commercial Portfolio Segment [Member] | ||
| Loans | 81,351 | 77,704 |
| Consumer Portfolio Segment [Member] | ||
| Loans | 1,081 | 1,274 |
| Residential Portfolio Segment [Member] | ||
| Loans | 37,522 | 36,647 |
| Agriculture [Member] | ||
| Loans | 24,558 | 28,358 |
| Pass [Member] | ||
| Loans | 750,123 | 740,468 |
| Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Loans | 48,458 | 53,169 |
| Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Loans | 484,778 | 471,594 |
| Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Loans | 7,268 | 7,512 |
| Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Loans | 69,551 | 69,002 |
| Pass [Member] | Commercial Portfolio Segment [Member] | ||
| Loans | 78,894 | 74,960 |
| Pass [Member] | Consumer Portfolio Segment [Member] | ||
| Loans | 1,057 | 1,249 |
| Pass [Member] | Residential Portfolio Segment [Member] | ||
| Loans | 37,346 | 36,470 |
| Pass [Member] | Agriculture [Member] | ||
| Loans | 22,771 | 26,512 |
| Special Mention [Member] | ||
| Loans | 6,919 | 7,155 |
| Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Loans | ||
| Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Loans | 3,527 | 3,552 |
| Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Loans | ||
| Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Loans | 1,192 | 1,207 |
| Special Mention [Member] | Commercial Portfolio Segment [Member] | ||
| Loans | 413 | 550 |
| Special Mention [Member] | Consumer Portfolio Segment [Member] | ||
| Loans | ||
| Special Mention [Member] | Residential Portfolio Segment [Member] | ||
| Loans | ||
| Special Mention [Member] | Agriculture [Member] | ||
| Loans | 1,787 | 1,846 |
| Substandard [Member] | ||
| Loans | 3,067 | 3,362 |
| Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member] | ||
| Loans | ||
| Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member] | ||
| Loans | ||
| Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member] | ||
| Loans | 823 | 855 |
| Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | ||
| Loans | 111 | |
| Substandard [Member] | Commercial Portfolio Segment [Member] | ||
| Loans | 2,044 | 2,194 |
| Substandard [Member] | Consumer Portfolio Segment [Member] | ||
| Loans | 24 | 25 |
| Substandard [Member] | Residential Portfolio Segment [Member] | ||
| Loans | 176 | 177 |
| Substandard [Member] | Agriculture [Member] | ||
| Loans |
Note 4 - Loans - Allowance for
| Note 4 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | |||
| Mar. 31, 2020 | Mar. 31, 2019 | Mar. 31, 2020 | Dec. 31, 2019 | |
| Beginning balance | $ 9,146 | $ 8,685 | ||
| Charge-offs | (14) | (10) | ||
| Recoveries | 4 | 2 | ||
| Provision for loan losses | 450 | 0 | ||
| Ending balance | 9,586 | 8,677 | ||
| Individually evaluated for impairment | $ 680 | $ 680 | ||
| Collectively evaluated for impairment | 8,906 | 8,466 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 9,146 | 8,677 | 9,586 | 9,146 |
| Individually evaluated for impairment | 960 | 1,103 | ||
| Collectively evaluated for impairment | 759,149 | 749,882 | ||
| Loans and Leases Receivable, Gross, Total | 760,109 | 750,985 | ||
| Commercial Real Estate Portfolio Segment [Member] | ||||
| Beginning balance | 7,170 | 6,580 | ||
| Charge-offs | 0 | 0 | ||
| Recoveries | 0 | 0 | ||
| Provision for loan losses | 518 | (40) | ||
| Ending balance | 7,688 | 6,540 | ||
| Individually evaluated for impairment | 680 | 680 | ||
| Collectively evaluated for impairment | 7,008 | 6,490 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 7,688 | 6,540 | 7,688 | 7,170 |
| Individually evaluated for impairment | 823 | 855 | ||
| Collectively evaluated for impairment | 614,774 | 606,147 | ||
| Loans and Leases Receivable, Gross, Total | 615,597 | 607,002 | ||
| Commercial Portfolio Segment [Member] | ||||
| Beginning balance | 1,000 | 1,065 | ||
| Charge-offs | 0 | 0 | ||
| Recoveries | 0 | 0 | ||
| Provision for loan losses | 68 | (104) | ||
| Ending balance | 1,068 | 961 | ||
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 1,068 | 1,000 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 1,068 | 961 | 1,068 | 1,000 |
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 81,351 | 77,704 | ||
| Loans and Leases Receivable, Gross, Total | 81,351 | 77,704 | ||
| Consumer Portfolio Segment [Member] | ||||
| Beginning balance | 38 | 39 | ||
| Charge-offs | (12) | (10) | ||
| Recoveries | 3 | 2 | ||
| Provision for loan losses | 4 | 2 | ||
| Ending balance | 33 | 33 | ||
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 33 | 38 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 33 | 33 | 33 | 38 |
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 1,081 | 1,274 | ||
| Loans and Leases Receivable, Gross, Total | 1,081 | 1,274 | ||
| Residential Portfolio Segment [Member] | ||||
| Beginning balance | 306 | 304 | ||
| Charge-offs | (2) | 0 | ||
| Recoveries | 1 | 0 | ||
| Provision for loan losses | 23 | (11) | ||
| Ending balance | 328 | 293 | ||
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 328 | 306 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 328 | 293 | 328 | 306 |
| Individually evaluated for impairment | 137 | 248 | ||
| Collectively evaluated for impairment | 37,385 | 36,399 | ||
| Loans and Leases Receivable, Gross, Total | 37,522 | 36,647 | ||
| Agriculture [Member] | ||||
| Beginning balance | 525 | 693 | ||
| Charge-offs | 0 | 0 | ||
| Recoveries | 0 | 0 | ||
| Provision for loan losses | (59) | (24) | ||
| Ending balance | 466 | 669 | ||
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 466 | 525 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | 466 | 669 | 466 | 525 |
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 24,558 | 28,358 | ||
| Loans and Leases Receivable, Gross, Total | 24,558 | 28,358 | ||
| Unallocated Financing Receivables [Member] | ||||
| Beginning balance | 107 | 4 | ||
| Charge-offs | 0 | 0 | ||
| Recoveries | 0 | 0 | ||
| Provision for loan losses | (104) | 177 | ||
| Ending balance | 3 | 181 | ||
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 3 | 107 | ||
| Loans and Leases Receivable, Allowance, Ending Balance | $ 3 | $ 181 | 3 | 107 |
| Individually evaluated for impairment | 0 | 0 | ||
| Collectively evaluated for impairment | 0 | 0 | ||
| Loans and Leases Receivable, Gross, Total | $ 0 | $ 0 | ||
Note 4 - Loans - Changes in the
| Note 4 - Loans - Changes in the Allowance, Off-balance-sheet Commitments (Details) - SEC Schedule, 12-09, Reserve, Off-balance Sheet Activity [Member] - USD ($) $ in Thousands | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| Balance, beginning of period | $ 427 | $ 396 |
| Provision to Operations for Off Balance Sheet Commitments | (31) | 49 |
| Balance, end of period | $ 396 | $ 445 |
Note 5 - Leases (Details Textua
| Note 5 - Leases (Details Textual) - USD ($) | 3 Months Ended | ||
| Mar. 31, 2020 | Mar. 31, 2019 | Jan. 01, 2020 | |
| Operating Lease, Right-of-Use Asset | $ 4,071,000 | ||
| Operating Lease, Weighted Average Remaining Lease Term (Year) | 7 years 328 days | ||
| Operating Lease, Weighted Average Discount Rate, Percent | 3.12% | ||
| Operating Lease, Expense | $ 276,000 | $ 274,000 | |
| Interest Payable and Other Liabilities [Member] | |||
| Operating Lease, Liability, Total | $ 5,246,000 | ||
| Interest Receivable and Other Assets [Member] | |||
| Operating Lease, Right-of-Use Asset | $ 4,817,000 | ||
Note 6 - Financial Instrument_3
| Note 6 - Financial Instruments and Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2020 | Dec. 31, 2019 |
| Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member] | ||
| Cash and cash equivalents | $ 92,814 | $ 147,594 |
| Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member] | ||
| Cash and cash equivalents | 92,814 | 147,594 |
| Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member] | ||
| Restricted equity securities | 4,761 | 4,761 |
| Interest receivable | 3,716 | 3,457 |
| Interest payable | (64) | (50) |
| Financial liabilities: | ||
| Interest payable | (64) | (50) |
| Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | ||
| Restricted equity securities | 4,761 | 4,761 |
| Interest receivable | 3,716 | 3,457 |
| Interest payable | (64) | (50) |
| Financial liabilities: | ||
| Interest payable | (64) | (50) |
| Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member] | ||
| Loans, net | 749,726 | 741,047 |
| Deposits | (1,026,925) | (1,019,929) |
| Financial liabilities: | ||
| Deposits | (1,026,925) | (1,019,929) |
| Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member] | ||
| Loans, net | 760,179 | 742,484 |
| Deposits | (1,026,952) | (1,019,654) |
| Commitments and standby letters of credit | (1,532) | (1,647) |
| Financial liabilities: | ||
| Deposits | (1,026,952) | (1,019,654) |
| Off-balance-sheet assets (liabilities): | ||
| Commitments and standby letters of credit | $ (1,532) | $ (1,647) |
Note 6 - Financial Instrument_4
| Note 6 - Financial Instruments and Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring and Non Recurring Basis (Details) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 |
| Available-for-sale securities, fair market value | $ 245,155,000 | $ 190,088,000 |
| Equity Securities | 3,371,000 | 3,297,000 |
| Fair Value, Nonrecurring [Member] | Consumer Portfolio Segment [Member] | ||
| Impaired loans | 137,000 | 248,000 |
| Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | Consumer Portfolio Segment [Member] | ||
| Impaired loans | 0 | 0 |
| Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | Consumer Portfolio Segment [Member] | ||
| Impaired loans | 0 | 0 |
| Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Consumer Portfolio Segment [Member] | ||
| Impaired loans | 137,000 | 248,000 |
| US Government Agencies Debt Securities [Member] | ||
| Available-for-sale securities, fair market value | 30,108,000 | 31,729,000 |
| US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 30,108,000 | 31,729,000 |
| US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 30,108,000 | 31,729,000 |
| US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Collateralized Mortgage Obligations [Member] | ||
| Available-for-sale securities, fair market value | 1,429,000 | 1,614,000 |
| Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 1,429,000 | 1,614,000 |
| Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 1,429,000 | 1,614,000 |
| Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| US States and Political Subdivisions Debt Securities [Member] | ||
| Available-for-sale securities, fair market value | 140,474,000 | 90,571,000 |
| US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 140,474,000 | 90,571,000 |
| US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 140,474,000 | 90,571,000 |
| US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| SBA Pool [Member] | ||
| Available-for-sale securities, fair market value | 5,868,000 | 6,395,000 |
| SBA Pool [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 5,868,000 | 6,395,000 |
| SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 5,868,000 | 6,395,000 |
| SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Corporate Debt Securities [Member] | ||
| Available-for-sale securities, fair market value | 17,416,000 | 18,968,000 |
| Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 17,416,000 | 18,968,000 |
| Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 17,416,000 | 18,968,000 |
| Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Asset-backed Securities [Member] | ||
| Available-for-sale securities, fair market value | 49,860,000 | 40,811,000 |
| Asset-backed Securities [Member] | Fair Value, Recurring [Member] | ||
| Available-for-sale securities, fair market value | 49,860,000 | 40,811,000 |
| Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Available-for-sale securities, fair market value | 49,860,000 | 40,811,000 |
| Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Available-for-sale securities, fair market value | 0 | 0 |
| Mutual Fund [Member] | Fair Value, Recurring [Member] | ||
| Equity Securities | 3,371,000 | 3,297,000 |
| Mutual Fund [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Equity Securities | 3,371,000 | 3,297,000 |
| Mutual Fund [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Equity Securities | 0 | 0 |
| Mutual Fund [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Equity Securities | 0 | 0 |
| Land Loans [Member] | Fair Value, Nonrecurring [Member] | ||
| Impaired loans | 143,000 | 175,000 |
| Land Loans [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
| Impaired loans | 0 | 0 |
| Land Loans [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
| Impaired loans | 0 | 0 |
| Land Loans [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
| Impaired loans | $ 143,000 | $ 175,000 |
Note 7 - Earnings Per Share (De
| Note 7 - Earnings Per Share (Details Textual) | 3 Months Ended |
| Mar. 31, 2020 | |
| Number Of Forms Of Outstanding Common Stock | 2 |
Note 7 - Earnings Per Share - E
| Note 7 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | |
| Mar. 31, 2020 | Mar. 31, 2019 | |
| Net income | $ 2,709 | $ 3,104 |
| Weighted average shares outstanding (in shares) | 8,115 | 8,093 |
| Net income per common share (in dollars per share) | $ 0.33 | $ 0.38 |
| Effect of dilutive non-vested restricted shares (in shares) | 20 | 9 |
| Weighted average shares of common stock and common stock equivalents (in shares) | 8,135 | 8,102 |
| Net income per diluted common share (in dollars per share) | $ 0.33 | $ 0.38 |
Note 8 - Risks and Uncertaint_2
| Note 8 - Risks and Uncertainties (Details Textual) | Mar. 31, 2020 |
| Branch Staff [Member] | |
| Effect of COVID-19, Percent of Staff Working Remotely | 17.00% |
| Administrative Staff [Member] | |
| Effect of COVID-19, Percent of Staff Working Remotely | 81.00% |
Note 9 - Subsequent Events (Det
| Note 9 - Subsequent Events (Details Textual) | May 07, 2020USD ($) | Mar. 31, 2020 |
| Financing Receivable, Number of Payment Deferrals | 0 | |
| Subsequent Event [Member] | ||
| Financing Receivable, Number of Paycheck Protection Program Loans Originated | 1,278 | |
| Financing Receivable, Paycheck Protection Program Loans Originated | $ 220,259,000 | |
| Financing Receivable, Number of Payment Deferrals | 33 | |
| Financing Receivable, Principal and Interest Deferred Payments | $ 432,236,000 | |
| Financing Receivable, Allowance for Principal and Interest Deferred Payments | $ 0 |