Oak Valley Bancorp (OVLY) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Jul. 31, 2020
Document Information [Line Items]
Entity Central Index Key	0001431567
Entity Registrant Name	Oak Valley Bancorp
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	001-34142
Entity Incorporation, State or Country Code	CA
Entity Tax Identification Number	26-2326676
Entity Address, Address Line One	125 N. Third Ave.
Entity Address, City or Town	Oakdale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95361
City Area Code	209
Local Phone Number	848-2265
Title of 12(b) Security	Common Stock
Trading Symbol	OVLY
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,215,407

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 116,532,000	$ 133,809,000
Federal funds sold	52,345,000	13,785,000
Cash and cash equivalents	168,877,000	147,594,000
Securities - available for sale	241,541,000	190,088,000
Securities - equity investments	3,406,000	3,297,000
Loans, net of allowance for loan losses of $11,443 and $9,146 at June 30, 2020 and December 31, 2019, respectively	984,804,000	741,047,000
Cash surrender value of life insurance	24,981,000	24,631,000
Bank premises and equipment, net	15,291,000	15,229,000
Goodwill and other intangible assets, net	3,788,000	3,837,000
Interest receivable and other assets	22,192,000	22,062,000
Assets, Total	1,464,880,000	1,147,785,000
LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits	1,299,864,000	1,019,929,000
Federal Home Loan Bank advances	30,000,000	0
Interest payable and other liabilities	15,109,000	15,286,000
Total liabilities	1,344,973,000	1,035,215,000
Shareholders’ equity
Common stock, no par value; 50,000,000 shares authorized, 8,215,407 and 8,210,147 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	25,435,000	25,435,000
Additional paid-in capital	3,957,000	3,777,000
Retained earnings	85,102,000	80,961,000
Accumulated other comprehensive income, net of tax	5,413,000	2,397,000
Total shareholders’ equity	119,907,000	112,570,000
Liabilities and Equity, Total	$ 1,464,880,000	$ 1,147,785,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Net of allowance for loan loss	$ 11,443	$ 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)	8,215,407	8,210,147
Common stock, shares outstanding (in shares)	8,215,407	8,210,147

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
INTEREST INCOME
Interest and fees on loans	$ 9,820	$ 8,615	$ 18,610	$ 17,042
Interest on securities	1,599	1,525	2,958	3,064
Interest on federal funds sold	4	56	47	107
Interest on deposits with banks	29	315	396	831
Total interest income	11,452	10,511	22,011	21,044
INTEREST EXPENSE
Deposits	274	383	605	805
FHLB advances	32	0	32	0
Total interest expense	306	383	637	805
Net interest income	11,146	10,128	21,374	20,239
Provision for loan losses	1,860	95	2,310	95
Net interest income after provision for loan losses	9,286	10,033	19,064	20,144
NON-INTEREST INCOME
Earnings on cash surrender value of life insurance	176	127	350	252
Gains on calls of available-for-sale securities	1	1	1	110
Other	259	357	642	708
Total non-interest income	1,023	1,242	2,307	2,517
NON-INTEREST EXPENSE
Salaries and employee benefits	3,947	4,480	8,548	8,884
Occupancy expenses	886	857	1,754	1,746
Data processing fees	505	472	999	918
Regulatory assessments (FDIC & DBO)	72	102	102	212
Other operating expenses	1,464	1,399	2,920	2,783
Total non-interest expense	6,874	7,310	14,323	14,543
Net income before provision for income taxes	3,435	3,965	7,048	8,118
Total provision for income taxes	854	1,002	1,758	2,051
Net Income	$ 2,581	$ 2,963	$ 5,290	$ 6,067
Net income per share (in dollars per share)	$ 0.32	$ 0.37	$ 0.65	$ 0.75
Net income per diluted share (in dollars per share)	$ 0.32	$ 0.37	$ 0.65	$ 0.75
Deposit Account [Member]
NON-INTEREST INCOME
Other income	$ 269	$ 403	$ 656	$ 796
Debit Card [Member]
NON-INTEREST INCOME
Other income	312	327	607	601
Mortgage Banking [Member]
NON-INTEREST INCOME
Other income	$ 6	$ 27	$ 51	$ 50

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income	$ 2,581	$ 2,963	$ 5,290	$ 6,067
Other comprehensive income:
Unrealized holding gains arising during the period	4,004	1,813	4,282	3,534
Less: reclassification for net gains included in net income	(1)	(1)	(1)	(110)
Other comprehensive income, before tax	4,003	1,812	4,281	3,424
Tax expense related to items of other comprehensive income	(1,184)	(535)	(1,265)	(1,012)
Total other comprehensive income	2,819	1,277	3,016	2,412
Comprehensive income	$ 5,400	$ 4,240	$ 8,306	$ 8,479

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
Restricted stock surrendered for tax withholding (in shares)	(6,297)
Restricted stock surrendered for tax withholding		(115)			(115)
Stock based compensation		281			281
Other comprehensive income (loss)				2,412	2,412
Net income			6,067		6,067
Restricted stock issued (in shares)	20,845
Restricted stock issued					0
Restricted stock forfeited (in shares)	(1,500)
Restricted stock forfeited					0
Stock options exercised (in shares)	1,000
Stock options exercised	$ 6				6
Cash dividends declared			(1,106)		(1,106)
Balances (in shares) at Jun. 30, 2019	8,208,853
Balances at Jun. 30, 2019	$ 25,435	3,524	75,647	1,977	106,583
Balances (in shares) at Mar. 31, 2019	8,209,750
Balances at Mar. 31, 2019	$ 25,435	3,399	72,684	700	102,218
Restricted stock surrendered for tax withholding (in shares)	(897)
Restricted stock surrendered for tax withholding		(25)			(25)
Stock based compensation		150			150
Other comprehensive income (loss)				1,277	1,277
Net income			2,963		2,963
Balances (in shares) at Jun. 30, 2019	8,208,853
Balances at Jun. 30, 2019	$ 25,435	3,524	75,647	1,977	106,583
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 surrendered for tax withholding (in shares)	(6,346)
Restricted stock surrendered for tax withholding		(106)			(106)
Stock based compensation		286			286
Other comprehensive income (loss)				3,016	3,016
Net income			5,290		5,290
Restricted stock issued (in shares)	14,006
Restricted stock issued					0
Restricted stock forfeited (in shares)	(2,400)
Restricted stock forfeited					0
Cash dividends declared			(1,149)		(1,149)
Balances (in shares) at Jun. 30, 2020	8,215,407
Balances at Jun. 30, 2020	$ 25,435	3,957	85,102	5,413	119,907
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
Restricted stock surrendered for tax withholding (in shares)	(407)
Restricted stock surrendered for tax withholding		(6)			(6)
Stock based compensation		126			126
Other comprehensive income (loss)				2,819	2,819
Net income			2,581		2,581
Restricted stock issued (in shares)	0
Restricted stock issued					0
Restricted stock forfeited (in shares)	(900)
Restricted stock forfeited					0
Balances (in shares) at Jun. 30, 2020	8,215,407
Balances at Jun. 30, 2020	$ 25,435	$ 3,957	$ 85,102	$ 5,413	$ 119,907

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash dividends declared, per share (in dollars per share)	$ 0.140	$ 0.135

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 5,290	$ 6,067
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses	2,310	95
Increase in deferred fees/costs, net	6,133	53
Depreciation	574	540
Amortization of investment securities, net	305	509
Stock based compensation	286	281
Gain on calls of available for sale securities	(1)	(110)
Earnings on cash surrender value of life insurance	(350)	(252)
Increase in interest payable and other liabilities	413	4,371
(Increase) decrease in interest receivable	(1,322)	356
Increase in other assets	(24)	(4,759)
Net cash from operating activities	13,614	7,151
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available for sale securities	(67,627)	(18,609)
Purchases of equity securities	(42)	(44)
Proceeds from maturities, calls, and principal paydowns of securities available for sale	20,084	23,058
Investment in LIHTC	(590)	(399)
Net increase in loans	(252,200)	(6,268)
Purchase of FHLB Stock	0	(404)
Purchases of premises and equipment	(636)	(453)
Net cash used in investing activities	(301,011)	(3,119)
CASH FLOWS FROM FINANCING ACTIVITIES:
FHLB advanced funds	50,000	0
FHLB payments	(20,000)	0
Shareholder cash dividends paid	(1,149)	(1,106)
Net increase (decrease) in demand deposits and savings accounts	281,307	(36,046)
Net decrease in time deposits	(1,372)	(1,359)
Proceeds from exercise of stock options	0	6
Tax withholding payments on vested restricted shares surrendered	(106)	(115)
Net cash from (used in) financing activities	308,680	(38,620)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	21,283	(34,588)
CASH AND CASH EQUIVALENTS, beginning of period	147,594	126,145
CASH AND CASH EQUIVALENTS, end of period	168,877	91,557
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	576	806
Income taxes	2,374	2,870
NON-CASH INVESTING ACTIVITIES:
Change in unrealized gain on securities	4,281	3,424
Change in contributions payable to LIHTC limited partner investment	(590)	(399)
Lease right-of-use assets	(55)	4,351
NON-CASH FINANCING ACTIVITIES:
Present value of lease obligations	$ 15	$ 4,758

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 1 On July 3, 2008 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 six June 30, 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 (“GAAP”) 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	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 2 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. January 1, 2020 no 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	6 Months Ended
	Jun. 30, 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 $3,406,000 and $3,297,000 as of June 30, 2020 December 31, 2019, three six June 30, 2020 2019. 2016 01, three six June 30, 2020, 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 June 30, 2020 (dollars in thousands) Amortized Cost Gross Gains Gross Fair Value Available-for-sale securities: U.S. agencies $ 27,944 $ 1,006 $ (12 ) $ 28,938 Collateralized mortgage obligations 1,416 20 (70 ) 1,366 Municipalities 129,084 8,530 0 137,614 Small Business Administration (“SBA”)pools 5,578 5 (36 ) 5,547 Corporate debt 18,253 191 (662 ) 17,782 Asset backed securities 51,581 304 (1,591 ) 50,294 $ 233,856 $ 10,056 $ (2,371 ) $ 241,541 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 June 30, 2020. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Unrealized Fair Unrealized Fair Unrealized U.S. agencies $ 3,042 (11 ) $ 284 $ (1 ) $ 3,326 $ (12 ) Collateralized mortgage obligations 590 (70 ) 0 0 590 (70 ) Municipalities 0 0 0 0 0 0 SBA pools 1,202 (8 ) 3,057 (28 ) 4,259 (36 ) Corporate debt 2,834 (42 ) 5,881 (620 ) 8,715 (662 ) Asset backed securities 20,229 (574 ) 20,245 (1,017 ) 40,474 (1,591 ) Total temporarily impaired securities $ 27,897 $ (705 ) $ 29,467 $ (1,666 ) $ 57,364 $ (2,371 ) As of June 30, 2020, 12 June 30, 2020, 12 third no not not The amortized cost and estimated fair value of debt securities as of June 30, 2020, may (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 26,650 $ 26,757 Due after one year through five years 72,441 75,966 Due after five years through ten years 65,526 68,998 Due after ten years 69,239 69,820 $ 233,856 $ 241,541 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 Unrealized Fair Unrealized Fair Unrealized 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, 12 December 31, 2019, 12 The Company recognized gains on called securities of $1,000 during the three six June 30, 2020, 2019. six June 30, 2020 2019. Debt securities carried at $153,055,000 and $123,381,000 as of June 30, 2020 December 31, 2019,

Note 4 - Loans

Note 4 - Loans	6 Months Ended
	Jun. 30, 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 June 30, 2020, (in thousands) June 30, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 38,975 $ 53,169 Commercial real estate- mortgages 512,460 475,146 Land 6,015 8,367 Farmland 73,408 70,320 Commercial and industrial 311,102 77,704 Consumer 1,098 1,274 Consumer residential 33,585 36,647 Agriculture 26,529 28,358 Total loans 1,003,172 750,985 Less: Deferred loan fees and costs, net (6,925 ) (792 ) Allowance for loan losses (11,443 ) (9,146 ) Net loans $ 984,804 $ 741,047 Paycheck Protection Program. April 16, 2020, $350 $310 April 27, 2020. June 30, 2020, $132 two 1%. June 30, 2020, COVID- 19 Loan Payment Deferrals 19 six first 2020. June 30, 2020, second 2020. no 19 not 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 June 30, 2020 December 31, 2019, 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 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) June 30, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 790 855 Farmland 0 0 Commercial and industrial 0 0 Consumer 0 0 Consumer residential 137 248 Agriculture 0 0 Total non-accrual loans $ 927 $ 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 and $22,000 in the three six June 30, 2020, 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 June 30, 2020 ( June 30, 2020 30-59 60-89 Greater Total Current Total Greater Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 38,975 $ 38,975 $ 0 Commercial R.E. - mortgages 0 0 0 0 512,460 512,460 0 Land 0 0 0 0 6,015 6,015 0 Farmland 0 0 0 0 73,408 73,408 0 Commercial and industrial 0 0 0 0 311,102 311,102 0 Consumer 0 0 0 0 1,098 1,098 0 Consumer residential 0 0 137 137 33,448 33,585 0 Agriculture 0 0 0 0 26,529 26,529 0 Total $ 0 $ 0 $ 137 $ 137 $ 1,003,035 $ 1,003,172 $ 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 60-89 Greater Past Current Total Greater 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. three six June 30, 2020 2019. Impaired loans as of June 30, 2020 (in thousands) Unpaid Recorded With No Recorded Total Related June 30, 2020 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 828 0 790 790 680 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 $ 965 $ 137 $ 790 $ 927 $ 680 Average recorded investment in impaired loans outstanding as of June 30, 2020 2019 (in thousands) Average Recorded Investment for the Average Recorded Investment for the 2020 2019 2020 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 Land 803 906 819 906 Farmland 0 0 0 0 Commercial and Industrial 0 0 0 0 Consumer 0 0 0 0 Consumer residential 137 11 164 12 Agriculture 0 0 0 0 Total $ 940 $ 917 $ 983 $ 918 Impaired loans as of December 31, 2019 (in thousands) Unpaid Recorded Recorded Total Related Average 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 June 30, 2020, June 30, 2020 not 19 December 31, 2019, June 30, 2020 December 31, 2019, June 30, 2020 December 31, 2019. During the six June 30, 2020 2019, one There were no loans modified as troubled debt restructurings within the previous twelve six June 30, 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 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 25 40 65 A proper classification of such a credit would show 40 percent substandard, 25 percent doubtful, and 35 percent loss. A credit classified as doubtful should be resolved within a ‘reasonable’ period of time. Reasonable is generally defined as the period between examinations. In other words, a credit classified as doubtful at an examination should be cleared up before the next exam. However, there may 8 . Loss not not no not may not As of June 30, 2020 December 31, 2019, 7 Doubtful or 8 The following table presents weighted average risk grades of the Company’s loan portfolio: June 30, 2020 December 31, 2019 Weighted Average Weighted Average Commercial real estate: Commercial real estate - construction 3.00 3.00 Commercial real estate - mortgages 3.10 3.02 Land 3.95 3.72 Farmland 3.07 3.04 Commercial and industrial 3.02 3.05 Consumer 2.23 2.29 Consumer residential 3.02 3.02 Agriculture 3.16 3.17 Total gross loans 3.07 3.03 The following table presents risk grade totals by class of loans as of June 30, 2020 December 31, 2019. 1 4 (in thousands) Commercial R.E. Commercial R.E. Land Farmland Commercial and Industrial Consumer Consumer Agriculture Total June 30, 2020 Pass $ 38,975 $ 511,694 $ 5,225 $ 71,960 $ 309,258 $ 1,075 $ 33,409 $ 24,600 $ 996,196 Special mention - 766 - 366 - - - 1,608 2,740 Substandard - - 790 1,082 1,844 23 176 321 4,236 Total loans $ 38,975 $ 512,460 $ 6,015 $ 73,408 $ 311,102 $ 1,098 $ 33,585 $ 26,529 $ 1,003,172 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 six June 30, 2020 2019. one not Allowance for Loan Losses For the Three and Six Months Ended June 30, 2020 2019 (in thousands) Commercial Commercial Consumer Three Months Ended June 30, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Charge-offs 0 0 (5 ) 0 0 0 (5 ) Recoveries 0 0 2 0 0 0 2 Provision for (reversal of) loan losses 1,255 4 4 (7 ) 75 529 1,860 Ending balance $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 (in thousands) Commercial Commercial Consumer Six Months Ended June 30, 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 (16 ) (2 ) 0 0 (18 ) Recoveries 0 0 4 1 0 0 5 Provision for (reversal of) loan losses 1,773 72 8 16 16 425 2,310 Ending balance $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 Commercial Commercial Consumer Three Months Ended June 30, 2019 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,540 $ 961 $ 33 $ 293 $ 669 $ 181 $ 8,677 Charge-offs 0 0 (4 ) 0 0 0 (4 ) Recoveries 0 0 1 1 0 0 2 Provision for (reversal of) loan losses 135 134 3 (2 ) 3 (178 ) 95 Ending balance $ 6,675 $ 1,095 $ 33 $ 292 $ 672 $ 3 $ 8,770 Commercial Commercial Consumer Six Months Ended June 30, 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 (14 ) 0 0 0 (14 ) Recoveries 0 0 3 1 0 0 4 Provision for (reversal of) loan losses 95 30 5 (13 ) (21 ) (1 ) 95 Ending balance $ 6,675 $ 1,095 $ 33 $ 292 $ 672 $ 3 $ 8,770 The following table details the allowance for loan losses and ending gross loan balances as of June 30, 2020 December 31, 2019, (in thousands) Commercial Commercial Consumer June 30, 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 8,263 1,072 34 321 541 532 10,763 $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 Ending gross loan balances: Individually evaluated for impairment $ 790 $ 0 $ 0 $ 137 $ 0 $ 0 $ 927 Collectively evaluated for impairment 630,068 311,102 1,098 33,448 26,529 0 1,002,245 $ 630,858 $ 311,102 $ 1,098 $ 33,585 $ 26,529 $ 0 $ 1,003,172 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: (in thousands) THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30, 2020 2019 2020 2019 Balance, beginning of period $ 396 $ 445 $ 427 $ 396 Provision (Reversal) to Operations for Off Balance Sheet Commitments 23 35 (8 ) 84 Balance, end of period $ 419 $ 480 $ 419 $ 480 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 June 30, 2020 December 31, 2019,

Note 5 - Leases

Note 5 - Leases	6 Months Ended
	Jun. 30, 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. June 30, 2020, Most of our office leases include one not not The Company determined the operating lease liability as of January 1, 2019, January 1, 2019, January 1, 2019, January 1, 2019 January 1, 2019 For the three six June 30, 2020,

Note 6 - Financial Instruments

Note 6 - Financial Instruments and Fair Value Measurements	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	NOTE 6 Fair values of financial instruments — June 30, 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 six June 30, 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 June 30, 2020 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents 168,877 168,877 1 Restricted equity securities 4,761 4,761 2 Loans, net 984,804 995,190 3 Interest receivable 4,779 4,779 2 Financial liabilities: Deposits (1,299,864 ) (1,299,909 ) 3 Interest payable (1,524 ) (1,524 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,618 ) 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 June 30, 2020 December 31, 2019. Fair Value Measurements as of June 30, 2020 Using (in thousands) June 30, 2020 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 28,938 $ 0 $ 28,938 $ 0 Collateralized mortgage obligations 1,366 0 1,366 0 Municipalities 137,614 0 137,614 0 SBA pools 5,547 0 5,547 0 Corporate debt 17,782 0 17,782 0 Asset backed securities 50,294 0 50,294 0 Equity Securities: Mutual fund $ 3,406 $ 3,406 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 110 $ 0 $ 0 $ 110 Consumer residential 137 0 0 137 Fair Value Measurements at Dec ember 3 1 , 201 9 Using (in thousands) Dec ember 3 1 , 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 SBA 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 six June 30, 2020.

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share	6 Months Ended
	Jun. 30, 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 not The Company’s calculation of basic and diluted EPS for the three June 30, 2020 2019 THREE MONTHS ENDED (In thousands) JUNE 3 0, 20 20 201 9 BASIC EARNINGS PER SHARE Net income $ 2,581 $ 2,963 Weighted average shares outstanding 8,124 8,103 Net income per common share $ 0.32 $ 0.37 DILUTED EARNINGS PER SHARE Net income $ 2,581 $ 2,963 Weighted average shares outstanding 8,124 8,103 Effect of dilutive non-vested restricted shares 6 14 Weighted average shares of common stock and common stock equivalents 8,130 8,117 Net income per diluted common share $ 0.32 $ 0.37 SIX MONTHS ENDED (In thousands) JUNE 30, 2020 2019 BASIC EARNINGS PER SHARE Net income $ 5,290 $ 6,067 Weighted average shares outstanding 8,119 8,098 Net income per common share $ 0.65 $ 0.75 DILUTED EARNINGS PER SHARE Net income $ 5,290 $ 6,067 Weighted average shares outstanding 8,119 8,098 Effect of dilutive non-vested restricted shares 13 12 Weighted average shares of common stock and common stock equivalents 8,132 8,110 Net income per diluted common share $ 0.65 $ 0.75

Note 8 - Risks and Uncertaintie

Note 8 - Risks and Uncertainties	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Effect of Covid-19 Pandemic [Text Block]	NOTE 8 – RISKS AND UNCERTAINTIES The coronavirus (“COVID- 19” June 30, 2020, June 30, 2020, not not The most significant impact of COVID- 19 19 no first six 2020 19 19 may not Increased demand for liquidity by clients is another impact that could occur should the COVID- 19 June 30, 2020, 19, The extent to which the COVID- 19 may 1A, 19.

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Available-for-sale Securities [Table Text Block]	(dollars in thousands) Amortized Cost Gross Gains Gross Fair Value Available-for-sale securities: U.S. agencies $ 27,944 $ 1,006 $ (12 ) $ 28,938 Collateralized mortgage obligations 1,416 20 (70 ) 1,366 Municipalities 129,084 8,530 0 137,614 Small Business Administration (“SBA”)pools 5,578 5 (36 ) 5,547 Corporate debt 18,253 191 (662 ) 17,782 Asset backed securities 51,581 304 (1,591 ) 50,294 $ 233,856 $ 10,056 $ (2,371 ) $ 241,541 (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 Unrealized Fair Unrealized Fair Unrealized U.S. agencies $ 3,042 (11 ) $ 284 $ (1 ) $ 3,326 $ (12 ) Collateralized mortgage obligations 590 (70 ) 0 0 590 (70 ) Municipalities 0 0 0 0 0 0 SBA pools 1,202 (8 ) 3,057 (28 ) 4,259 (36 ) Corporate debt 2,834 (42 ) 5,881 (620 ) 8,715 (662 ) Asset backed securities 20,229 (574 ) 20,245 (1,017 ) 40,474 (1,591 ) Total temporarily impaired securities $ 27,897 $ (705 ) $ 29,467 $ (1,666 ) $ 57,364 $ (2,371 ) (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Fair Unrealized Fair Unrealized Fair Unrealized 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 $ 26,650 $ 26,757 Due after one year through five years 72,441 75,966 Due after five years through ten years 65,526 68,998 Due after ten years 69,239 69,820 $ 233,856 $ 241,541

Note 4 - Loans (Tables)

Note 4 - Loans (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) June 30, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 38,975 $ 53,169 Commercial real estate- mortgages 512,460 475,146 Land 6,015 8,367 Farmland 73,408 70,320 Commercial and industrial 311,102 77,704 Consumer 1,098 1,274 Consumer residential 33,585 36,647 Agriculture 26,529 28,358 Total loans 1,003,172 750,985 Less: Deferred loan fees and costs, net (6,925 ) (792 ) Allowance for loan losses (11,443 ) (9,146 ) Net loans $ 984,804 $ 741,047
Financing Receivable, Nonaccrual [Table Text Block]	(in thousands) June 30, 2020 December 31, 2019 Commercial real estate: Commercial real estate- construction $ 0 $ 0 Commercial real estate- mortgages 0 0 Land 790 855 Farmland 0 0 Commercial and industrial 0 0 Consumer 0 0 Consumer residential 137 248 Agriculture 0 0 Total non-accrual loans $ 927 $ 1,103
Financing Receivable, Past Due [Table Text Block]	June 30, 2020 30-59 60-89 Greater Total Current Total Greater Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 38,975 $ 38,975 $ 0 Commercial R.E. - mortgages 0 0 0 0 512,460 512,460 0 Land 0 0 0 0 6,015 6,015 0 Farmland 0 0 0 0 73,408 73,408 0 Commercial and industrial 0 0 0 0 311,102 311,102 0 Consumer 0 0 0 0 1,098 1,098 0 Consumer residential 0 0 137 137 33,448 33,585 0 Agriculture 0 0 0 0 26,529 26,529 0 Total $ 0 $ 0 $ 137 $ 137 $ 1,003,035 $ 1,003,172 $ 0 December 31, 2019 30-59 60-89 Greater Past Current Total Greater 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 Recorded With No Recorded Total Related June 30, 2020 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 0 Land 828 0 790 790 680 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 $ 965 $ 137 $ 790 $ 927 $ 680 (in thousands) Average Recorded Investment for the Average Recorded Investment for the 2020 2019 2020 2019 Commercial real estate: Commercial R.E. - construction $ 0 $ 0 $ 0 $ 0 Commercial R.E. - mortgages 0 0 0 0 Land 803 906 819 906 Farmland 0 0 0 0 Commercial and Industrial 0 0 0 0 Consumer 0 0 0 0 Consumer residential 137 11 164 12 Agriculture 0 0 0 0 Total $ 940 $ 917 $ 983 $ 918 (in thousands) Unpaid Recorded Recorded Total Related Average 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 Agriculture Total June 30, 2020 Pass $ 38,975 $ 511,694 $ 5,225 $ 71,960 $ 309,258 $ 1,075 $ 33,409 $ 24,600 $ 996,196 Special mention - 766 - 366 - - - 1,608 2,740 Substandard - - 790 1,082 1,844 23 176 321 4,236 Total loans $ 38,975 $ 512,460 $ 6,015 $ 73,408 $ 311,102 $ 1,098 $ 33,585 $ 26,529 $ 1,003,172 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]	(in thousands) Commercial Commercial Consumer Three Months Ended June 30, 2020 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 7,688 $ 1,068 $ 33 $ 328 $ 466 $ 3 $ 9,586 Charge-offs 0 0 (5 ) 0 0 0 (5 ) Recoveries 0 0 2 0 0 0 2 Provision for (reversal of) loan losses 1,255 4 4 (7 ) 75 529 1,860 Ending balance $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 (in thousands) Commercial Commercial Consumer Six Months Ended June 30, 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 (16 ) (2 ) 0 0 (18 ) Recoveries 0 0 4 1 0 0 5 Provision for (reversal of) loan losses 1,773 72 8 16 16 425 2,310 Ending balance $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 Commercial Commercial Consumer Three Months Ended June 30, 2019 Real Estate and Industrial Consumer Residential Agriculture Unallocated Total Beginning balance $ 6,540 $ 961 $ 33 $ 293 $ 669 $ 181 $ 8,677 Charge-offs 0 0 (4 ) 0 0 0 (4 ) Recoveries 0 0 1 1 0 0 2 Provision for (reversal of) loan losses 135 134 3 (2 ) 3 (178 ) 95 Ending balance $ 6,675 $ 1,095 $ 33 $ 292 $ 672 $ 3 $ 8,770 Commercial Commercial Consumer Six Months Ended June 30, 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 (14 ) 0 0 0 (14 ) Recoveries 0 0 3 1 0 0 4 Provision for (reversal of) loan losses 95 30 5 (13 ) (21 ) (1 ) 95 Ending balance $ 6,675 $ 1,095 $ 33 $ 292 $ 672 $ 3 $ 8,770 (in thousands) Commercial Commercial Consumer June 30, 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 8,263 1,072 34 321 541 532 10,763 $ 8,943 $ 1,072 $ 34 $ 321 $ 541 $ 532 $ 11,443 Ending gross loan balances: Individually evaluated for impairment $ 790 $ 0 $ 0 $ 137 $ 0 $ 0 $ 927 Collectively evaluated for impairment 630,068 311,102 1,098 33,448 26,529 0 1,002,245 $ 630,858 $ 311,102 $ 1,098 $ 33,585 $ 26,529 $ 0 $ 1,003,172 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]	(in thousands) THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30, 2020 2019 2020 2019 Balance, beginning of period $ 396 $ 445 $ 427 $ 396 Provision (Reversal) to Operations for Off Balance Sheet Commitments 23 35 (8 ) 84 Balance, end of period $ 419 $ 480 $ 419 $ 480
Weighted Average [Member]
Notes Tables
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2020 December 31, 2019 Weighted Average Weighted Average Commercial real estate: Commercial real estate - construction 3.00 3.00 Commercial real estate - mortgages 3.10 3.02 Land 3.95 3.72 Farmland 3.07 3.04 Commercial and industrial 3.02 3.05 Consumer 2.23 2.29 Consumer residential 3.02 3.02 Agriculture 3.16 3.17 Total gross loans 3.07 3.03

Note 6 - Financial Instrument_2

Note 6 - Financial Instruments and Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 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 168,877 168,877 1 Restricted equity securities 4,761 4,761 2 Loans, net 984,804 995,190 3 Interest receivable 4,779 4,779 2 Financial liabilities: Deposits (1,299,864 ) (1,299,909 ) 3 Interest payable (1,524 ) (1,524 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,618 ) 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 June 30, 2020 Using (in thousands) June 30, 2020 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 28,938 $ 0 $ 28,938 $ 0 Collateralized mortgage obligations 1,366 0 1,366 0 Municipalities 137,614 0 137,614 0 SBA pools 5,547 0 5,547 0 Corporate debt 17,782 0 17,782 0 Asset backed securities 50,294 0 50,294 0 Equity Securities: Mutual fund $ 3,406 $ 3,406 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: Impaired loans: Land $ 110 $ 0 $ 0 $ 110 Consumer residential 137 0 0 137 Fair Value Measurements at Dec ember 3 1 , 201 9 Using (in thousands) Dec ember 3 1 , 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 SBA 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)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	THREE MONTHS ENDED (In thousands) JUNE 3 0, 20 20 201 9 BASIC EARNINGS PER SHARE Net income $ 2,581 $ 2,963 Weighted average shares outstanding 8,124 8,103 Net income per common share $ 0.32 $ 0.37 DILUTED EARNINGS PER SHARE Net income $ 2,581 $ 2,963 Weighted average shares outstanding 8,124 8,103 Effect of dilutive non-vested restricted shares 6 14 Weighted average shares of common stock and common stock equivalents 8,130 8,117 Net income per diluted common share $ 0.32 $ 0.37 SIX MONTHS ENDED (In thousands) JUNE 30, 2020 2019 BASIC EARNINGS PER SHARE Net income $ 5,290 $ 6,067 Weighted average shares outstanding 8,119 8,098 Net income per common share $ 0.65 $ 0.75 DILUTED EARNINGS PER SHARE Net income $ 5,290 $ 6,067 Weighted average shares outstanding 8,119 8,098 Effect of dilutive non-vested restricted shares 13 12 Weighted average shares of common stock and common stock equivalents 8,132 8,110 Net income per diluted common share $ 0.65 $ 0.75

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		6 Months Ended		15 Months Ended	18 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Equity Securities, FV-NI	$ 3,406,000		$ 3,406,000		$ 3,406,000	$ 3,406,000	$ 3,297,000
Equity Securities, FV-NI, Realized Gain (Loss), Total	0	$ 0	0	$ 0
Equity Securities, FV-NI, Unrealized Gain (Loss), Total	15,000	$ 47,000	66,000	$ 90,000
Debt Securities, Available-for-sale, Realized Gain	1,000		$ 1,000		1,000	110,000
Number of Debt Securities, Available-for-sale, Sold			0	0
Security Owned and Pledged as Collateral, Fair Value, Total	$ 153,055,000		$ 153,055,000		$ 153,055,000	$ 153,055,000	$ 123,381,000
Corporate Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	3		3		3	3	6
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	2		2		2	2	2
US Government Agencies Debt Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	1		1		1	1	3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	5		5		5	5	3
SBA Pool [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	5		5		5	5	5
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	2		2		2	2	2
Asset-backed Securities [Member]
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	11		11		11	11	11
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions	12		12		12	12	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	1		1		1	1
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		1		1	1

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale securities, amortized cost	$ 233,856	$ 186,685
Available-for-sale securities, gross unrealized gains	10,056	4,575
Available-for-sale securities, gross unrealized losses	(2,371)	(1,172)
Available-for-sale securities, fair market value	241,541	190,088
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	27,944	31,180
Available-for-sale securities, gross unrealized gains	1,006	566
Available-for-sale securities, gross unrealized losses	(12)	(17)
Available-for-sale securities, fair market value	28,938	31,729
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, amortized cost	1,416	1,618
Available-for-sale securities, gross unrealized gains	20	5
Available-for-sale securities, gross unrealized losses	(70)	(9)
Available-for-sale securities, fair market value	1,366	1,614
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	129,084	86,826
Available-for-sale securities, gross unrealized gains	8,530	3,746
Available-for-sale securities, gross unrealized losses	0	(1)
Available-for-sale securities, fair market value	137,614	90,571
SBA Pool [Member]
Available-for-sale securities, amortized cost	5,578	6,419
Available-for-sale securities, gross unrealized gains	5	9
Available-for-sale securities, gross unrealized losses	(36)	(33)
Available-for-sale securities, fair market value	5,547	6,395
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	18,253	19,253
Available-for-sale securities, gross unrealized gains	191	173
Available-for-sale securities, gross unrealized losses	(662)	(458)
Available-for-sale securities, fair market value	17,782	18,968
Asset-backed Securities [Member]
Available-for-sale securities, amortized cost	51,581	41,389
Available-for-sale securities, gross unrealized gains	304	76
Available-for-sale securities, gross unrealized losses	(1,591)	(654)
Available-for-sale securities, fair market value	$ 50,294	$ 40,811

Note 3 - Securities - Securitie

Note 3 - Securities - Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Less than 12 months, fair value	$ 27,897	$ 21,242
Less than 12 months, unrealized loss	(705)	(257)
12 months or more, fair value	29,467	36,313
12 months or more, unrealized loss	(1,666)	(915)
Fair value	57,364	57,555
Unrealized loss	(2,371)	(1,172)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	3,042	3,934
Less than 12 months, unrealized loss	(11)	(11)
12 months or more, fair value	284	1,535
12 months or more, unrealized loss	(1)	(6)
Fair value	3,326	5,469
Unrealized loss	(12)	(17)
Collateralized Mortgage Obligations [Member]
Less than 12 months, fair value	590	0
Less than 12 months, unrealized loss	(70)	0
12 months or more, fair value	0	650
12 months or more, unrealized loss	0	(9)
Fair value	590	650
Unrealized loss	(70)	(9)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized loss	0	0
12 months or more, fair value	0	411
12 months or more, unrealized loss	0	(1)
Fair value	0	411
Unrealized loss	0	(1)
SBA Pool [Member]
Less than 12 months, fair value	1,202	1,423
Less than 12 months, unrealized loss	(8)	(7)
12 months or more, fair value	3,057	3,545
12 months or more, unrealized loss	(28)	(26)
Fair value	4,259	4,968
Unrealized loss	(36)	(33)
Corporate Debt Securities [Member]
Less than 12 months, fair value	2,834	2,994
Less than 12 months, unrealized loss	(42)	(6)
12 months or more, fair value	5,881	8,859
12 months or more, unrealized loss	(620)	(452)
Fair value	8,715	11,853
Unrealized loss	(662)	(458)
Asset-backed Securities [Member]
Less than 12 months, fair value	20,229	12,891
Less than 12 months, unrealized loss	(574)	(233)
12 months or more, fair value	20,245	21,313
12 months or more, unrealized loss	(1,017)	(421)
Fair value	40,474	34,204
Unrealized loss	$ (1,591)	$ (654)

Note 3 - Securities - Contractu

Note 3 - Securities - Contractual Maturity or Call Date (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Due in one year or less, amortized cost	$ 26,650
Due in one year or less, fair value	26,757
Due after one year through five years, amortized cost	72,441
Due after one year through five years, fair value	75,966
Due after five years through ten years, amortized cost	65,526
Due after five years through ten years, fair value	68,998
Due after ten years, amortized cost	69,239
Due after ten years, fair value	69,820
Amortized cost	233,856	$ 186,685
Fair Value	$ 241,541	$ 190,088

Note 4 - Loans (Details Textual

Note 4 - Loans (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2020	Dec. 31, 2019USD ($)
Financing Receivable, Paycheck Protection Program Loans Originated	$ 234,942,000		$ 234,942,000
Financing Receivable, Number of Paycheck Protection Program Loans Originated	1,461		1,461
Financing Receivable, Number of Payment Deferrals	53		53		0
Financing Receivable, Principal and Interest Deferred Payments	$ 74,868,000		$ 74,868,000
Loans and Leases Receivable, Percentage of Outstanding Principal Balance Secured by Owner Occupied Properties	38.00%		38.00%			39.00%
Underwriting Standards, Loan to Value Percentage	80.00%		80.00%
Underwriting Standards, Housing Percentage	36.00%		36.00%
Underwriting Standards, Total Debt Ratio	42.00%		42.00%
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 11,000	$ 14,000	$ 22,000	$ 29,000
Impaired Financing Receivable, Interest Income, Accrual Method, Total	$ 0	$ 0	$ 0	$ 0
Financing Receivable, Modifications, Number of Contracts Held	1		1			1
Financing Receivable, Troubled Debt Restructuring	$ 790,000		$ 790,000			$ 855,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	0		0			0
Allowance for Credit Losses, Trouble Debt Restructurings	$ 680,000		$ 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%		110.00%
Loans and Leases Receivable, Gross, Total	$ 1,003,172,000		$ 1,003,172,000			750,985,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	768,230,000		$ 768,230,000			750,985,000
Substandard [Member]
Financing Receivable Rating Example, Percentage of Loans Classified in Rating Category			40.00%
Loans and Leases Receivable, Gross, Total	4,236,000		$ 4,236,000			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			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	63.00%		63.00%
Loans and Leases Receivable, Gross, Total	$ 630,858,000		$ 630,858,000			607,002,000
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	31.00%		31.00%
Loans and Leases Receivable, Gross, Total	$ 311,102,000		$ 311,102,000			77,704,000
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans and Leases Receivable, Gross, Total	$ 1,844,000		$ 1,844,000			2,194,000
Residential Real Estate and Other Consumer Loans [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	3.00%		3.00%
Agriculture [Member]
Loans and Leases Receivable, Gross Carrying Amount As Percentage of Total Loans	3.00%		3.00%
Loans and Leases Receivable, Gross, Total	$ 26,529,000		$ 26,529,000			28,358,000
Agriculture [Member] | Substandard [Member]
Loans and Leases Receivable, Gross, Total	$ 321,000		$ 321,000			$ 0

Note 4 - Loans - Loans (Details

Note 4 - Loans - Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Loans	$ 1,003,172		$ 750,985
Deferred loan fees and costs, net	(6,925)		(792)
Allowance for loan losses	(11,443)	$ (9,586)	(9,146)	$ (8,770)	$ (8,677)	$ (8,685)
Net loans	984,804		741,047
Commercial Real Estate Portfolio Segment [Member]
Loans	630,858		607,002
Allowance for loan losses	(8,943)	(7,688)	(7,170)	(6,675)	(6,540)	(6,580)
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	38,975		53,169
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	512,460		475,146
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	6,015		8,367
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	73,408		70,320
Commercial Portfolio Segment [Member]
Loans	311,102		77,704
Allowance for loan losses	(1,072)	(1,068)	(1,000)	(1,095)	(961)	(1,065)
Consumer Portfolio Segment [Member]
Loans	1,098		1,274
Allowance for loan losses	(34)	(33)	(38)	(33)	(33)	(39)
Residential Portfolio Segment [Member]
Loans	33,585		36,647
Allowance for loan losses	(321)	(328)	(306)	(292)	(293)	(304)
Agriculture [Member]
Loans	26,529		28,358
Allowance for loan losses	$ (541)	$ (466)	$ (525)	$ (672)	$ (669)	$ (693)

Note 4 - Loans - Non Accrual Lo

Note 4 - Loans - Non Accrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Non-accrual loans	$ 927	$ 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	790	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	Jun. 30, 2020	Dec. 31, 2019
Past due	$ 137	$ 250
Current	1,003,035	750,735
Loans	1,003,172	750,985
Greater than 90 days past due and still accruing	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Past due	0	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	630,858	607,002
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past due	0	0
Current	38,975	53,169
Loans	38,975	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	0	0
Current	512,460	475,146
Loans	512,460	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	0	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	6,015	8,367
Loans	6,015	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	73,408	70,209
Loans	73,408	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	311,102	77,704
Loans	311,102	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	1,098	1,272
Loans	1,098	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	33,448	36,510
Loans	33,585	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	26,529	28,358
Loans	26,529	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		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Unpaid contractual principal	$ 965		$ 965		$ 1,185
Recorded investment with no allowance	137		137		248
Recorded investment with allowance	790		790		855
Total recorded investment	927		927		1,103
Related allowance	680		680		680
Average recorded investment	940	$ 917	983	$ 918	1,005
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Unpaid contractual principal	828		828		873
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	790		790		855
Total recorded investment	790		790		855
Related allowance	680		680		680
Average recorded investment	803	906	819	906	892
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Commercial Portfolio Segment [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Consumer Portfolio Segment [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	0	0	0	0	0
Residential Portfolio Segment [Member]
Unpaid contractual principal	137		137		312
Recorded investment with no allowance	137		137		248
Recorded investment with allowance	0		0		0
Total recorded investment	137		137		248
Related allowance	0		0		0
Average recorded investment	137	11	164	12	113
Agriculture [Member]
Unpaid contractual principal	0		0		0
Recorded investment with no allowance	0		0		0
Recorded investment with allowance	0		0		0
Total recorded investment	0		0		0
Related allowance	0		0		0
Average recorded investment	$ 0	$ 0	$ 0	$ 0	$ 0

Note 4 - Loans - Weighted Avera

Note 4 - Loans - Weighted Average Risk Grades of Loan Portfolio (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Weighted average risk grade of loans	3.07	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	3.10	3.02
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Weighted average risk grade of loans	3.95	3.72
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Weighted average risk grade of loans	3.07	3.04
Commercial Portfolio Segment [Member]
Weighted average risk grade of loans	3.02	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	3.16	3.17

Note 4 - Loans - Loans by Credi

Note 4 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans	$ 1,003,172	$ 750,985
Commercial Real Estate Portfolio Segment [Member]
Loans	630,858	607,002
Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	38,975	53,169
Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	512,460	475,146
Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	6,015	8,367
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	73,408	70,320
Commercial Portfolio Segment [Member]
Loans	311,102	77,704
Consumer Portfolio Segment [Member]
Loans	1,098	1,274
Residential Portfolio Segment [Member]
Loans	33,585	36,647
Agriculture [Member]
Loans	26,529	28,358
Pass [Member]
Loans	996,196	740,468
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	38,975	53,169
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	511,694	471,594
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	5,225	7,512
Pass [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	71,960	69,002
Pass [Member] | Commercial Portfolio Segment [Member]
Loans	309,258	74,960
Pass [Member] | Consumer Portfolio Segment [Member]
Loans	1,075	1,249
Pass [Member] | Residential Portfolio Segment [Member]
Loans	33,409	36,470
Pass [Member] | Agriculture [Member]
Loans	24,600	26,512
Special Mention [Member]
Loans	2,740	7,155
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	0	0
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	766	3,552
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	0	0
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	366	1,207
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans	0	550
Special Mention [Member] | Consumer Portfolio Segment [Member]
Loans	0	0
Special Mention [Member] | Residential Portfolio Segment [Member]
Loans	0	0
Special Mention [Member] | Agriculture [Member]
Loans	1,608	1,846
Substandard [Member]
Loans	4,236	3,362
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	0	0
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Mortgage Loans [Member]
Loans	0	0
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Land Loans [Member]
Loans	790	855
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	1,082	111
Substandard [Member] | Commercial Portfolio Segment [Member]
Loans	1,844	2,194
Substandard [Member] | Consumer Portfolio Segment [Member]
Loans	23	25
Substandard [Member] | Residential Portfolio Segment [Member]
Loans	176	177
Substandard [Member] | Agriculture [Member]
Loans	$ 321	$ 0

Note 4 - Loans - Allowance for

Note 4 - Loans - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Beginning balance	$ 9,586	$ 8,677	$ 9,146	$ 8,685
Charge-offs	(5)	(4)	(18)	(14)
Recoveries	2	2	5	4
Provision for loan losses	1,860	95	2,310	95
Ending balance	11,443	8,770	11,443	8,770
Individually evaluated for impairment					$ 680	$ 680
Collectively evaluated for impairment					10,763	8,466
Loans and Leases Receivable, Allowance, Ending Balance	9,586	8,770	9,146	8,685	11,443	9,146
Individually evaluated for impairment					927	1,103
Collectively evaluated for impairment					1,002,245	749,882
Loans and Leases Receivable, Gross, Total					1,003,172	750,985
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	7,688	6,540	7,170	6,580
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for loan losses	1,255	135	1,773	95
Ending balance	8,943	6,675	8,943	6,675
Individually evaluated for impairment					680	680
Collectively evaluated for impairment					8,263	6,490
Loans and Leases Receivable, Allowance, Ending Balance	8,943	6,675	7,170	6,580	8,943	7,170
Individually evaluated for impairment					790	855
Collectively evaluated for impairment					630,068	606,147
Loans and Leases Receivable, Gross, Total					630,858	607,002
Commercial Portfolio Segment [Member]
Beginning balance	1,068	961	1,000	1,065
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for loan losses	4	134	72	30
Ending balance	1,072	1,095	1,072	1,095
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					1,072	1,000
Loans and Leases Receivable, Allowance, Ending Balance	1,072	1,095	1,000	1,065	1,072	1,000
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					311,102	77,704
Loans and Leases Receivable, Gross, Total					311,102	77,704
Consumer Portfolio Segment [Member]
Beginning balance	33	33	38	39
Charge-offs	(5)	(4)	(16)	(14)
Recoveries	2	1	4	3
Provision for loan losses	4	3	8	5
Ending balance	34	33	34	33
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					34	38
Loans and Leases Receivable, Allowance, Ending Balance	34	33	38	39	34	38
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					1,098	1,274
Loans and Leases Receivable, Gross, Total					1,098	1,274
Residential Portfolio Segment [Member]
Beginning balance	328	293	306	304
Charge-offs	0	0	(2)	0
Recoveries	0	1	1	1
Provision for loan losses	(7)	(2)	16	(13)
Ending balance	321	292	321	292
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					321	306
Loans and Leases Receivable, Allowance, Ending Balance	321	292	306	304	321	306
Individually evaluated for impairment					137	248
Collectively evaluated for impairment					33,448	36,399
Loans and Leases Receivable, Gross, Total					33,585	36,647
Agriculture [Member]
Beginning balance	466	669	525	693
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for loan losses	75	3	16	(21)
Ending balance	541	672	541	672
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					541	525
Loans and Leases Receivable, Allowance, Ending Balance	541	672	525	693	541	525
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					26,529	28,358
Loans and Leases Receivable, Gross, Total					26,529	28,358
Unallocated Financing Receivables [Member]
Beginning balance	3	181	107	4
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for loan losses	529	(178)	425	(1)
Ending balance	532	3	532	3
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					532	107
Loans and Leases Receivable, Allowance, Ending Balance	$ 532	$ 3	$ 107	$ 4	532	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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Balance, beginning of period	$ 396	$ 445	$ 427	$ 396
Provision (Reversal) to Operations for Off Balance Sheet Commitments	23	35	(8)	84
Balance, end of period	$ 419	$ 480	$ 419	$ 480

Note 5 - Leases (Details Textua

Note 5 - Leases (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jan. 01, 2020
Operating Lease, Right-of-Use Asset	$ 4,367,000		$ 4,367,000
Operating Lease, Weighted Average Remaining Lease Term (Year)					7 years 10 months 24 days
Operating Lease, Weighted Average Discount Rate, Percent					3.12%
Operating Lease, Expense	$ 268,000	$ 271,000	$ 544,000	$ 545,000
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	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Cash and cash equivalents	$ 168,877	$ 147,594
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	168,877	147,594
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Restricted equity securities	4,761	4,761
Interest receivable	4,779	3,457
Interest payable	(1,524)	(50)
Financial liabilities:
Interest payable	(1,524)	(50)
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Restricted equity securities	4,761	4,761
Interest receivable	4,779	3,457
Interest payable	(1,524)	(50)
Financial liabilities:
Interest payable	(1,524)	(50)
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Loans, net	984,804	741,047
Deposits	(1,299,864)	(1,019,929)
Commitments and standby letters of credit
Financial liabilities:
Deposits	(1,299,864)	(1,019,929)
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Loans, net	995,190	742,484
Deposits	(1,299,909)	(1,019,654)
Commitments and standby letters of credit	(1,618)	(1,647)
Financial liabilities:
Deposits	(1,299,909)	(1,019,654)
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit	$ (1,618)	$ (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 ($)	Jun. 30, 2020	Dec. 31, 2019
Available-for-sale securities, fair market value	$ 241,541,000	$ 190,088,000
Securities - available for sale	241,541,000	190,088,000
Equity Securities	3,406,000	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	28,938,000	31,729,000
Securities - available for sale	28,938,000	31,729,000
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	28,938,000	31,729,000
Securities - available for sale	28,938,000	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
Securities - available for sale	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	28,938,000	31,729,000
Securities - available for sale	28,938,000	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
Securities - available for sale	0	0
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, fair market value	1,366,000	1,614,000
Securities - available for sale	1,366,000	1,614,000
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	1,366,000	1,614,000
Securities - available for sale	1,366,000	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
Securities - available for sale	0	0
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	1,366,000	1,614,000
Securities - available for sale	1,366,000	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
Securities - available for sale	0	0
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, fair market value	137,614,000	90,571,000
Securities - available for sale	137,614,000	90,571,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	137,614,000	90,571,000
Securities - available for sale	137,614,000	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
Securities - available for sale	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	137,614,000	90,571,000
Securities - available for sale	137,614,000	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
Securities - available for sale	0	0
SBA Pool [Member]
Available-for-sale securities, fair market value	5,547,000	6,395,000
Securities - available for sale	5,547,000	6,395,000
SBA Pool [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	5,547	6,395
Securities - available for sale	5,547	6,395
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value	0	0
Securities - available for sale	0	0
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	5,547	6,395
Securities - available for sale	5,547	6,395
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value	0	0
Securities - available for sale	0	0
Corporate Debt Securities [Member]
Available-for-sale securities, fair market value	17,782,000	18,968,000
Securities - available for sale	17,782,000	18,968,000
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	17,782,000	18,968,000
Securities - available for sale	17,782,000	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
Securities - available for sale	0	0
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	17,782,000	18,968,000
Securities - available for sale	17,782,000	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
Securities - available for sale	0	0
Asset-backed Securities [Member]
Available-for-sale securities, fair market value	50,294,000	40,811,000
Securities - available for sale	50,294,000	40,811,000
Asset-backed Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	50,294,000	40,811,000
Securities - available for sale	50,294,000	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
Securities - available for sale	0	0
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	50,294,000	40,811,000
Securities - available for sale	50,294,000	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
Securities - available for sale	0	0
Mutual Fund [Member] | Fair Value, Recurring [Member]
Equity Securities	3,406,000	3,297,000
Mutual Fund [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Equity Securities	3,406,000	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	110,000	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	$ 110,000	$ 175,000

Note 7 - Earnings Per Share (De

Note 7 - Earnings Per Share (Details Textual)	6 Months Ended
	Jun. 30, 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		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net income	$ 2,581	$ 2,963	$ 5,290	$ 6,067
Weighted average shares outstanding (in shares)	8,124	8,103	8,119	8,098
Net income per common share (in dollars per share)	$ 0.32	$ 0.37	$ 0.65	$ 0.75
Effect of dilutive non-vested restricted shares (in shares)	6	14	13	12
Weighted average shares of common stock and common stock equivalents (in shares)	8,130	8,117	8,132	8,110
Net income per diluted common share (in dollars per share)	$ 0.32	$ 0.37	$ 0.65	$ 0.75

Note 8 - Risks and Uncertaint_2

Note 8 - Risks and Uncertainties (Details Textual)	Jun. 30, 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	12.00%