Oak Valley Bancorp (OVLY) 10-Q 13 Nov 24 2024 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-34142
Entity Registrant Name	OAK VALLEY BANCORP
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	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		8,358,711
Entity Central Index Key	0001431567
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 166,237,000	$ 180,068,000
Federal funds sold	47,670,000	36,500,000
Cash and cash equivalents	213,907,000	216,568,000
Securities - available for sale	517,332,000	518,078,000
Securities - equity investments	3,274,000	3,132,000
Loans, net of allowance for credit losses of $11,479 and $10,896 at September 30, 2024 and December 31, 2023, respectively	1,062,230,000	1,004,277,000
Cash surrender value of life insurance	37,270,000	31,506,000
Bank premises and equipment, net	15,792,000	15,865,000
Goodwill and other intangible assets, net	3,411,000	3,473,000
Deferred tax asset	11,728,000	13,247,000
Interest receivable and other assets	35,511,000	36,276,000
Assets	1,900,455,000	1,842,422,000
Deposits	1,690,301,000	1,650,534,000
Interest payable and other liabilities	24,761,000	25,796,000
Total liabilities	1,715,062,000	1,676,330,000
Shareholders’ equity
Common stock, no par value; 50,000,000 shares authorized, 8,358,711 and 8,293,168 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively	25,435,000	25,435,000
Additional paid-in capital	6,001,000	5,512,000
Retained earnings	169,494,000	154,301,000
Accumulated other comprehensive loss, net of tax	(15,537,000)	(19,156,000)
Total shareholders’ equity	185,393,000	166,092,000
Liabilities and Equity	$ 1,900,455,000	$ 1,842,422,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss	$ 11,479	$ 10,896
Common Stock, No 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)	8,358,711	8,293,168
Common Stock, Shares, Outstanding (in shares)	8,358,711	8,293,168

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
INTEREST INCOME
Interest and fees on loans	$ 13,739,000	$ 11,489,000	$ 39,445,000	$ 32,907,000
Interest on securities	5,098,000	5,157,000	15,279,000	15,442,000
Interest on federal funds sold	392,000	335,000	1,118,000	910,000
Interest on deposits with banks	1,917,000	3,368,000	5,540,000	11,189,000
Total interest income	21,146,000	20,349,000	61,382,000	60,448,000
INTEREST EXPENSE
Deposits	3,491,000	1,411,000	9,194,000	2,559,000
Total interest expense	3,491,000	1,411,000	9,194,000	2,559,000
Net interest income	17,655,000	18,938,000	52,188,000	57,888,000
(Reversal of) provision for credit losses	(1,620,000)	300,000	(1,620,000)	(160,000)
Net interest income after (reversal of) provision for credit losses	19,275,000	18,638,000	53,808,000	58,048,000
NON-INTEREST INCOME
Earnings on cash surrender value of life insurance	287,000	196,000	764,000	578,000
Gains on sales and calls of available-for-sale securities	0	13,000	114,000	156,000
Other	679,000	404,000	1,674,000	1,441,000
Total non-interest income	1,846,000	1,566,000	5,125,000	4,876,000
NON-INTEREST EXPENSE
Salaries and employee benefits	7,177,000	6,505,000	21,700,000	19,280,000
Occupancy expenses	1,137,000	1,149,000	3,432,000	3,467,000
Data processing fees	659,000	788,000	2,099,000	2,018,000
Regulatory assessments (FDIC & DFPI)	240,000	305,000	790,000	720,000
Other operating expenses	2,111,000	1,831,000	6,448,000	4,912,000
Total non-interest expense	11,324,000	10,578,000	34,469,000	30,397,000
Net income before provision for income taxes	9,797,000	9,626,000	24,464,000	32,527,000
Total provision for income taxes	2,473,000	2,272,000	5,524,000	7,544,000
Net Income	$ 7,324,000	$ 7,354,000	$ 18,940,000	$ 24,983,000
Net income per share (in dollars per share)	$ 0.89	$ 0.9	$ 2.3	$ 3.05
Net income per diluted share (in dollars per share)	$ 0.89	$ 0.89	$ 2.3	$ 3.04
Deposit Account [Member]
NON-INTEREST INCOME
Other income	$ 437,000	$ 488,000	$ 1,255,000	$ 1,365,000
Debit Card [Member]
NON-INTEREST INCOME
Other income	436,000	459,000	1,297,000	1,322,000
Mortgage Banking [Member]
NON-INTEREST INCOME
Other income	$ 7,000	$ 6,000	$ 21,000	$ 14,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net income	$ 7,324	$ 7,354	$ 18,940	$ 24,983
Other comprehensive income (loss):
Unrealized holding (losses) gains arising during the period	11,359	(25,756)	5,252	(18,910)
Less: reclassification for net gains included in net income	0	(13)	(114)	(156)
Other comprehensive (loss) income, before tax	11,359	(25,769)	5,138	(19,066)
Tax benefit (expense) related to items of other comprehensive (loss) income	(3,358)	7,618	(1,519)	5,636
Total other comprehensive (loss) income	8,001	(18,151)	3,619	(13,430)
Comprehensive income (loss)	$ 15,325	$ (10,797)	$ 22,559	$ 11,553

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member] Cumulative Effect, Period of Adoption, Adjustment [Member]	AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Total
Balances (in shares) at Dec. 31, 2022		8,257,894
Balances at Dec. 31, 2022	$ 0	$ 25,435	$ 0	$ 5,190	$ (629)	$ 126,728	$ 0	$ (30,727)	$ (629)	$ 126,626
Restricted stock issued (in shares)		43,446
Restricted stock issued		$ 0		0		0		0		0
Restricted stock surrendered for tax withholding (in shares)		(7,872)
Restricted stock surrendered for tax withholding		$ 0		(211)		0		0		(211)
Cash dividends		0		0		(2,646)		0		(2,646)
Stock based compensation		0		402		0		0		402
Other comprehensive gain		0		0		0		(13,430)		(13,430)
Net income		$ 0		0		24,983		0		24,983
Balances (in shares) at Sep. 30, 2023		8,293,468
Balances at Sep. 30, 2023		$ 25,435		5,381		148,436		(44,157)		135,095
Balances (in shares) at Jun. 30, 2023		8,281,661
Balances at Jun. 30, 2023		$ 25,435		5,286		142,407		(26,006)		147,122
Restricted stock issued (in shares)		13,250
Restricted stock issued		$ 0		0		0		0		0
Restricted stock surrendered for tax withholding (in shares)		(1,443)
Restricted stock surrendered for tax withholding		$ 0		(36)		0		0		(36)
Cash dividends		0		0		(1,325)		0		(1,325)
Stock based compensation		0		131		0		0		131
Other comprehensive gain	$ 0		$ 0		$ 0		$ (18,151)		$ (18,151)	(18,151)
Net income		$ 0		0		7,354		0		7,354
Balances (in shares) at Sep. 30, 2023		8,293,468
Balances at Sep. 30, 2023		$ 25,435		5,381		148,436		(44,157)		135,095
Balances (in shares) at Dec. 31, 2023		8,293,168
Balances at Dec. 31, 2023		$ 25,435		5,512		154,301		(19,156)		166,092
Restricted stock issued (in shares)		72,269
Restricted stock issued		$ 0		0		0		0		0
Restricted stock forfeited (in shares)		(450)
Restricted stock forfeited		$ 0		0		0		0		0
Restricted stock surrendered for tax withholding (in shares)		(6,276)
Restricted stock surrendered for tax withholding		$ 0		(158)		0		0		(158)
Cash dividends		0		0		(3,747)		0		(3,747)
Stock based compensation		0		647		0		0		647
Other comprehensive gain		0		0		0		3,619		3,619
Net income		$ 0		0		18,940		0		18,940
Balances (in shares) at Sep. 30, 2024		8,358,711
Balances at Sep. 30, 2024		$ 25,435		6,001		169,494		(15,537)		185,393
Balances (in shares) at Jun. 30, 2024		8,359,556
Balances at Jun. 30, 2024		$ 25,435		5,851		164,051		(23,538)		171,799
Restricted stock issued (in shares)		1,500
Restricted stock issued		$ 0		0		0		0		0
Restricted stock forfeited (in shares)		(450)
Restricted stock forfeited		$ 0		0		0		0		0
Restricted stock surrendered for tax withholding (in shares)		(1,895)
Restricted stock surrendered for tax withholding		$ 0		(51)		0		0		(51)
Cash dividends		0		0		(1,881)		0		(1,881)
Stock based compensation		0		201		0		0		201
Other comprehensive gain		0		0		0		8,001		8,001
Net income		$ 0		0		7,324		0		7,324
Balances (in shares) at Sep. 30, 2024		8,358,711
Balances at Sep. 30, 2024		$ 25,435		$ 6,001		$ 169,494		$ (15,537)		$ 185,393

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.225	$ 0.16	$ 0.45	$ 0.32

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 18,940,000	$ 24,983,000
Adjustments to reconcile net income to net cash provided by operating activities:
Reversal of provision for credit losses	(1,620,000)	(160,000)
Decrease in deferred fees/costs, net	23,000	37,000
Depreciation	984,000	1,003,000
Amortization of investment securities, net	606,000	858,000
Unrealized (gain) loss on equity securities	(60,000)	141,000
Amortization of operating lease right-of-use asset	(170,000)	(173,000)
Stock based compensation	647,000	402,000
Gain on sales and calls of available-for-sale securities	(114,000)	(156,000)
Earnings on cash surrender value of life insurance	(764,000)	(578,000)
Decrease (increase) in deferred tax asset	1,519,000	(5,901,000)
Increase in interest payable and other liabilities	2,696,000	6,179,000
Decrease in interest receivable	301,000	299,000
Increase in other assets	(1,607,000)	(2,397,000)
Net cash provided by operating activities	21,381,000	24,537,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of available-for-sale securities	(63,683,000)	(40,660,000)
Purchases of equity securities	(83,000)	(74,000)
Proceeds from the sale of available-for-sale securities	28,258,000	43,791,000
Proceeds from maturities, calls, and principal paydowns of available-for-sale-securities	40,818,000	19,614,000
Investment in LIHTC	(2,618,000)	0
Net increase in loans	(56,356,000)	(55,401,000)
Purchase of FHLB Stock	(329,000)	(720,000)
Purchase of BOLI policies	(5,000,000)	(500,000)
Purchases of premises and equipment	(911,000)	(1,641,000)
Net cash used in investing activities	(59,904,000)	(35,591,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Shareholder cash dividends paid	(3,747,000)	(2,646,000)
Net increase (decrease) in demand deposits and savings accounts	9,140,000	(153,910,000)
Net increase in time deposits	30,627,000	6,161,000
Tax withholding payments on vested restricted shares surrendered	(158,000)	(211,000)
Net cash provided by (used in) in financing activities	35,862,000	(150,606,000)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(2,661,000)	(161,660,000)
CASH AND CASH EQUIVALENTS, beginning of period	216,568,000	429,633,000
CASH AND CASH EQUIVALENTS, end of period	213,907,000	267,973,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest	9,134,000	2,557,000
Operating leases	1,121,000	1,142,000
Income taxes	3,835,000	0
NON-CASH INVESTING ACTIVITIES:
Change in unrealized gain (loss) on securities	5,138,000	(19,066,000)
Right-of-use asset obtained in exchange for new operating lease liability	$ (1,113,000)	$ (390,000)

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Basis of Accounting [Text Block]	NOTE 1 BASIS OF PRESENTATION Oak Valley Bancorp (“the Company”, “us”, “our”) is the parent holding company for Oak Valley Community Bank (the “Bank”), a California state-chartered bank. Eastern Sierra Community Bank operates as a division within Oak Valley Community Bank for select branches. 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 Quarterly Report on Form 10-Q 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 and nine-month periods ended September 30, 2024 are not necessarily indicative of the results of a full year’s operations. [Certain prior period amounts have been reclassified to conform to the current period presentation. There was no effect on net income or shareholders’ equity as previously reported as a result of reclassifications.] For further information, refer to the audited consolidated financial statements and footnotes included in the Company’s Form 10-K for the year ended December 31, 2023. The Company was incorporated under the laws of the State of California on May 31, 1990, and began operations in Oakdale, California on May 28, 1991. The Company operates branches in Oakdale, Sonora, Bridgeport, Bishop, Mammoth Lakes, Modesto, Manteca, Patterson, Turlock, Ripon, Stockton, Escalon, and Sacramento, California. The Bridgeport, Mammoth Lakes, and Bishop branches operate as a separate division, Eastern Sierra Community Bank. The Company’s primary source of revenue is providing loans to customers who are predominantly middle-market businesses. 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 credit losses and fair value measurements. The estimates and assumptions may change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes. Actual results may differ from these estimates due to the uncertainty of various qualitative factors. Descriptions of our significant accounting policies are included in Note 1. Summary of Accounting Policies in the Notes to Consolidated Financial Statements in the 2023 Annual Report on Form 10-K.

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 2 RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments Credit Losses (Topic 326). Results for reporting periods beginning after January 1, 2023 are presented under CECL. The transition adjustment of the CECL adoption included an increase in the allowance for credit losses of $346,000, an increase of $547,000 to the reserve for unfunded commitments, a $629,000 decrease to retained earnings, and a $264,000 tax benefit recorded as part of the deferred tax asset in the Company’s Consolidated Balance Sheet. In March 2020, FASB issued ASU 2020-04 - Reference Rate Reform (Subtopic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures In March 2023, the FASB issued ASU No. 2023-02, Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures

Note 3 - Securities

Note 3 - Securities	9 Months Ended
	Sep. 30, 2024
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 $3,274,000 and $3,132,000 as of September 30, 2024 and December 31, 2023, respectively. There were no Equity Securities, 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 September 30, 2024 are as follows: (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 96,862 $ 226 $ (3,106 ) $ 93,982 Collateralized mortgage obligations 26,388 65 (355 ) 26,098 Municipalities 322,063 1,671 (17,522 ) 306,212 SBA pools 940 1 (1 ) 940 Corporate debt 43,500 10 (2,477 ) 41,033 Asset backed securities 49,637 59 (629 ) 49,067 $ 539,390 $ 2,032 $ (24,090 ) $ 517,332 The following table details 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 September 30, 2024. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies 37 $ 4,966 $ (119 ) $ 57,899 $ (2,987 ) $ 62,865 $ (3,106 ) Collateralized mortgage obligations 6 8,286 (7 ) 3,568 (348 ) 11,854 (355 ) Municipalities 93 28,246 (139 ) 183,696 (17,383 ) 211,942 (17,522 ) SBA pools 3 128 0 160 (1 ) 288 (1 ) Corporate debt 11 0 0 39,023 (2,477 ) 39,023 (2,477 ) Asset backed securities 14 8,143 (21 ) 17,625 (608 ) 25,768 (629 ) Total temporarily impaired securities 164 $ 49,769 $ (286 ) $ 301,971 $ (23,804 ) $ 351,740 $ (24,090 ) For available-for-sale debt securities in an unrealized loss position, management evaluates whether the decline in fair value is a reflection of credit deterioration or other factors. In performing this evaluation, management considers the extent which fair value has fallen below amortized cost, changes in ratings by rating agencies, and other information indicating a deterioration in repayment capacity of either the underlying issuer or the borrowers providing repayment capacity in a securitization. If management’s evaluation indicates that a credit loss exists then a present value of the expected cash flows is calculated and compared to the amortized cost basis of the security in question and, to the degree that the amortized cost basis exceeds the present value, an allowance for credit loss (“ACL”) is established, with the caveat that the maximum amount of the reserve on any individual security is the difference between the fair value and amortized cost balance of the security in question. Any unrealized loss that has not been recorded through an ACL is recognized in other comprehensive income. As of September 30, 2024, accrued interest receivable on available-for-sale securities was $4,164,000 and is not included in the tables within this footnote. The unrealized losses are due primarily to rising market yields and not due to credit deterioration. As such, no ACL on available-for-sale securities has been established as of September 30, 2024. The Company does not intend to sell the securities and it is not likely that the Company will be required to sell the securities before the earlier of the forecasted recovery or the maturity of the underlying investment security. The amortized cost and estimated fair value of debt securities as of September 30, 2024, segregated by contractual maturity or call date, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. (dollars in thousands) Amortized Fair Cost Value Available-for-sale securities: Due in one year or less $ 89,461 $ 86,651 Due after one year through five years 155,826 153,114 Due after five years through ten years 185,793 172,544 Due after ten years 108,310 105,023 $ 539,390 $ 517,332 The amortized cost and estimated fair values of debt securities as of December 31, 2023 are as follows: (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 84,678 $ 11 $ (4,430 ) $ 80,259 Collateralized mortgage obligations 9,108 0 (444 ) 8,664 Municipalities 345,981 2,792 (19,865 ) 328,908 SBA pools 1,394 3 (2 ) 1,395 Corporate debt 47,500 9 (3,992 ) 43,517 Asset backed securities 56,613 133 (1,411 ) 55,335 $ 545,274 $ 2,948 $ (30,144 ) $ 518,078 The following tables detail the gross unrealized losses and fair values aggregated of debt securities by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2023. (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies 51 $ 190 $ (3 ) $ 79,556 $ (4,427 ) $ 79,746 $ (4,430 ) Collateralized mortgage obligations 6 4,791 (1 ) 3,873 (443 ) 8,664 (444 ) Municipalities 106 44,859 (453 ) 178,812 (19,412 ) 223,671 (19,865 ) SBA pools 4 116 0 472 (2 ) 588 (2 ) Corporate debt 13 0 0 41,508 (3,992 ) 41,508 (3,992 ) Asset backed securities 19 2,123 (8 ) 32,535 (1,403 ) 34,658 (1,411 ) Total temporarily impaired securities 199 $ 52,079 $ (465 ) $ 336,756 $ (29,679 ) $ 388,835 $ (30,144 ) There were no eighteen Debt securities carried at $305,109,000 and $288,199,000 as of September 30, 2024 and December 31, 2023, respectively, were pledged to secure deposits of public funds.

Note 4 - Loans

Note 4 - Loans	9 Months Ended
	Sep. 30, 2024
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 September 30, 2024, approximately 86% of the Company’s loans are commercial real estate loans, which include construction loans. Approximately 8% of the Company’s loans are for general commercial uses including professional, retail, and small business. Additionally, 3% of the Company’s loans are for residential real estate and other consumer loans. The remaining 3% are agriculture loans. As of September 30, 2024, accrued interest receivable on loans was $3,680,000 and is not included in the tables within this footnote. Loan totals were as follows: (in thousands) September 30, 2024 December 31, 2023 Commercial real estate: Construction & land $ 31,300 $ 63,060 Multi-family 58,360 54,045 Owner occupied 228,516 210,407 Non-owner occupied 517,254 470,052 Farmland 93,881 96,188 Commercial and industrial 81,439 65,218 Consumer 33,612 31,687 Agriculture 30,776 25,922 Total loans 1,075,138 1,016,579 Less: Deferred loan fees and costs, net (1,429 ) (1,406 ) Allowance for credit losses (11,479 ) (10,896 ) Net loans $ 1,062,230 $ 1,004,277 Loan Origination/Risk Management. Commercial and industrial loans Commercial real estate loans With respect to loans to developers and builders that are secured by non-owner occupied properties that the Company may originate from time to time, the Company generally requires the borrower to have had an existing relationship with the Company and have a proven record of success. Construction loans Consumer loans Agricultural loans The Company maintains an independent loan review function that 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 Company’s policies and procedures. Non-Accrual and Past Due Loans. No The following table analyzes past due loans including any past due non-accrual loans, segregated by class of loans, as of September 30, 2024 (in thousands): September 30, 2024 30-59 60-89 90 Days Total Current Total 90 Days Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 31,300 $ 31,300 $ 0 Multi-family 0 0 0 0 58,360 58,360 0 Owner occupied 0 0 0 0 228,516 228,516 0 Non-owner occupied 0 0 0 0 517,254 517,254 0 Farmland 0 0 0 0 93,881 93,881 0 Commercial and industrial 0 0 0 0 81,439 81,439 0 Consumer 0 0 0 0 33,612 33,612 0 Agriculture 0 0 0 0 30,776 30,776 0 Total $ 0 $ 0 $ 0 $ 0 $ 1,075,138 $ 1,075,138 $ 0 The following table analyzes past due loans including any past due non-accrual loans, segregated by class of loans, as of December 31, 2023 (in thousands): December 31, 2023 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total 90 Days or More Past Due and Still Accruing Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 63,060 $ 63,060 $ 0 Multi-family 0 0 0 0 54,045 54,045 0 Owner occupied 0 0 0 0 210,407 210,407 0 Non-owner occupied 0 0 0 0 470,052 470,052 0 Farmland 0 0 0 0 96,188 96,188 0 Commercial and industrial 0 0 0 0 65,218 65,218 0 Consumer 0 0 0 0 31,687 31,687 0 Agriculture 0 0 0 0 25,922 25,922 0 Total $ 0 $ 0 $ 0 $ 0 $ 1,016,579 $ 1,016,579 $ 0 Collateral Dependent Loans. no Loan Modification Disclosures Pursuant to ASU 2022-02 Loan Risk Grades The Company grades loans using the following letter system: 1 Exceptional Loan 2 Quality Loan 3A Better Than Acceptable Loan 3B Acceptable Loan 3C Marginally Acceptable Loan 4 (W) Watch Acceptable Loan 5 Special Mention Loan 6 Substandard Loan 7 Doubtful Loan 8 Loss 1. Exceptional Loan ● 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 mandatory unless one or more of the preceding characteristics are missing) are loans that are fully secured and properly margined by our own time instruments or U.S. blue chip securities. To be properly margined, cash collateral must be equal to, or greater than, 110% of the loan amount. 2. Quality Loan ● 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 ● Strong earnings with no loss in last three years and ample cash flow to service all debt well above policy guidelines. ● Long term experienced management with depth and defined management succession. ● The loan has no exceptions to policy. ● Loan-to-value on real estate secured transactions is 10% to 20% less than policy guidelines. ● Very liquid balance sheet that may have cash available to pay off our loan completely. ● Little to no debt on balance sheet. 3B. Acceptable Loan ● 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 ● 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 ● 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 with 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(W) loans are considered Pass. 5. Special Mention Loan ● The lending officer may be unable to properly supervise the credit because of an inadequate loan or credit agreement. ● Questions exist regarding the condition of and/or control over collateral. ● Economic or market conditions may unfavorably affect the obligor in the future. ● A declining trend in the obligor’s operations or an imbalanced position in the balance sheet exists, but not to the point that repayment is jeopardized. 6. Substandard Loan 7. Doubtful Loan 8. Loss As of September 30, 2024 and December 31, 2023, there are no 8- Loss. The risk grades are reviewed every month, at a minimum and on an as-needed basis depending on the specific circumstances of the loan. The following table summarizes loan risk grade totals by class and year of origination as of September 30, 2024. Risk grades 1 through 4(W) have been aggregated in the “Pass” line. As of September 30, 2024 (in thousands) Term Loans Amortized Cost Basis by Origination Year Risk Grade Ratings 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate - construction & land Pass $ 6,853 $ 8,291 $ 13,659 $ 923 $ 0 $ 1,574 $ 0 $ 31,300 Total commercial real estate - construction & land 6,853 8,291 13,659 923 0 1,574 0 31,300 Commercial real estate - multi-family Pass 5,238 4,731 6,872 7,710 3,383 30,426 0 58,360 Total commercial real estate - multi-family 5,238 4,731 6,872 7,710 3,383 30,426 0 58,360 Commercial real estate - owner occupied Pass 24,097 9,851 45,198 46,689 23,744 66,252 400 216,231 Special mention 0 0 0 7,469 0 281 0 7,750 Substandard 0 0 0 0 0 4,535 0 4,535 Total commercial real estate - owner occupied 24,097 9,851 45,198 54,158 23,744 71,068 400 228,516 Commercial real estate - non-owner occupied Pass 23,468 98,817 92,487 78,680 40,288 174,935 1,814 510,489 Special mention 0 0 0 0 0 6,765 0 6,765 Total commercial real estate - non-owner occupied 23,468 98,817 92,487 78,680 40,288 181,700 1,814 517,254 Commercial real estate - Farmland Pass 4,997 13,388 10,131 16,723 12,286 28,053 0 85,578 Special mention 0 0 0 0 2,301 6,002 0 8,303 Total commercial real estate - farmland 4,997 13,388 10,131 16,723 14,587 34,055 0 93,881 Commercial and Industrial Pass 23,422 11,769 10,053 7,240 4,027 4,633 20,234 81,378 Special mention 0 0 0 0 0 2 0 2 Substandard 0 0 0 0 0 59 0 59 Total commercial and industrial 23,422 11,769 10,053 7,240 4,027 4,694 20,234 81,439 Consumer Pass 3,939 1,074 4,832 3,578 2,119 8,975 9,053 33,570 Substandard 0 0 0 0 0 42 0 42 Total consumer 3,939 1,074 4,832 3,578 2,119 9,017 9,053 33,612 Agriculture Pass 28 1,892 1,120 1,281 0 518 19,317 24,156 Special mention 0 1,577 0 0 0 0 5,043 6,620 Total agriculture 28 3,469 1,120 1,281 0 518 24,360 30,776 Total by Risk Category Pass 92,042 149,813 184,352 162,824 85,847 315,366 50,818 1,041,062 Special mention 0 1,577 0 7,469 2,301 13,050 5,043 29,440 Substandard 0 0 0 0 0 4,636 0 4,636 Total $ 92,042 $ 151,390 $ 184,352 $ 170,293 $ 88,148 $ 333,052 $ 55,861 $ 1,075,138 The following table summarizes loan risk grade totals by class and year of origination as of December 31, 2023. Risk grades 1 through 4(W) have been aggregated in the “Pass” line. As of December 31, 2023 (in thousands) Term Loans Amortized Cost Basis by Origination Year Risk Grade Ratings 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate - Construction & land Pass $ 16,237 $ 42,670 $ 1,259 $ 0 $ 1,244 $ 1,650 $ 0 $ 63,060 Total commercial real estate - construction & land 16,237 42,670 1,259 0 1,244 1,650 0 63,060 Commercial real estate - Multi-family Pass 3,803 6,976 8,711 3,473 6,780 24,302 0 54,045 Total commercial real estate - multi-family 3,803 6,976 8,711 3,473 6,780 24,302 0 54,045 Commercial real estate - Owner occupied Pass 10,031 40,666 48,377 25,642 14,341 57,971 251 197,279 Special mention 0 0 7,683 0 0 289 530 8,502 Substandard 0 0 0 0 4,626 0 0 4,626 Total commercial real estate - owner occupied 10,031 40,666 56,060 25,642 18,967 58,260 781 210,407 Commercial real estate - Non-owner occupied Pass 78,417 71,236 81,386 43,531 44,413 145,073 1,879 465,935 Special mention 0 0 0 0 0 4,117 0 4,117 Total commercial real estate - non-owner occupied 78,417 71,236 81,386 43,531 44,413 149,190 1,879 470,052 Commercial real estate - Farmland Pass 14,377 10,393 1,667 15,392 6,551 31,610 15,717 95,707 Special mention 0 0 0 0 0 481 0 481 Total commercial real estate - farmland 14,377 10,393 1,667 15,392 6,551 32,091 15,717 96,188 Commercial and Industrial Pass 10,967 11,268 9,608 6,018 4,384 2,239 20,502 64,986 Special mention 0 0 0 139 0 6 0 145 Substandard 0 0 0 0 0 87 0 87 Total commercial and industrial 10,967 11,268 9,608 6,157 4,384 2,332 20,502 65,218 Consumer Pass 1,234 5,042 4,104 2,213 2,074 7,555 8,529 30,751 Special mention 0 0 0 0 0 0 890 890 Substandard 0 0 0 0 0 46 0 46 Total consumer 1,234 5,042 4,104 2,213 2,074 7,601 9,419 31,687 Agriculture Pass 3,032 1,707 1,309 0 214 488 18,984 25,734 Special mention 0 0 0 0 0 0 188 188 Total agriculture 3,032 1,707 1,309 0 214 488 19,172 25,922 Total by Risk Category Pass 138,098 189,958 156,421 96,269 80,001 270,888 65,862 997,497 Special mention 0 0 7,683 139 0 4,893 1,608 14,323 Substandard 0 0 0 0 4,626 133 0 4,759 Total $ 138,098 $ 189,958 $ 164,104 $ 96,408 $ 84,627 $ 275,914 $ 67,470 $ 1,016,579 Allowance for Credit Losses ( “ ACL ” ). The DCF quantitative reserve methodology incorporates the consideration of probability of default (“PD”) and loss given default (“LGD”) estimates to estimate periodic losses. The PD estimates are derived through the application of reasonable and supportable economic forecasts to call code specific regression models, derived from the consideration of historical bank-specific and peer loss-rate data. The loss rate data has been regressed against benchmark economic indicators, for which reasonable and supportable forecasts exist, in the development of the call-code specific regression models. Regression models are generally refreshed on an annual basis, in order to pull in more recent loss rate data. Reasonable and supportable forecasts of the selected economic metric are then input into the regression model to calculate an expected default rate. The expected default rates are then applied to expected monthly loan balances estimated through the consideration of contractual repayment terms and expected prepayments. The Company utilizes a four-quarter forecast period, after which the expected default rates revert to the historical average for each call code, over a four-quarter reversion period, on a straight-line basis. The prepayment assumptions applied to expected cash flow over the contractual life of the loans are estimated based on historical, bank-specific experience, peer data and the consideration of current and expected conditions and circumstances including the level of interest rates. The prepayment assumptions may be updated by Management in the event that changing conditions impact Management’s estimate or additional historical data gathered has resulted in the need for a reevaluation. LGD utilized in the DCF is derived from the application of the Frye-Jacobs theory which relates LGD to PD based on historical peer data, as calculated by a third-party. The call code regression models utilized upon implementation of CECL on January 1, 2023, and as of September 30, 2024, were identical, and relied upon reasonable and supportable forecasts of the National Unemployment Rate. Some of the call code regression models also use the Real Gross Domestic Product. Management selected the National Unemployment Rate and the Real Gross Domestic Product as the drivers of quantitative portion of collectively reserves on loan classes reliant upon the DCF methodology, primarily as a result of high correlation coefficients identified in regression modeling, the availability of forecasts including the quarterly FOMC forecast, and given the widespread familiarity of stakeholders with this economic metric. Management recognizes that there are additional factors impacting risk of loss in the loan portfolio beyond what is captured in the quantitative portion of reserves on collectively evaluated loans. As current and expected conditions, may vary compared with conditions over the historical lookback period, which is utilized in the calculation of quantitative reserves, management considers whether additional or reduced reserve levels on collectively evaluated loans may be warranted given the consideration of a variety of qualitative factors. Several of the following qualitative factors (“Q-factors”) considered by management reflect the legacy regulatory guidance on Q-factors, whereas several others represent factors unique to the Company or unique to the current time period. ● Changes in lending policies and procedures, including changes in underwriting standards and collection, charge-off, and recovery practices ● Changes in international, regional and local economic and business conditions, and developments that affect the collectability of the portfolio, as reflected in forecasts of the California unemployment rate ● Changes in the nature and volume of the loan portfolio ● Changes in the experience, ability, and depth of lending management and other relevant staff ● Changes in the volume and severity of past due, watch loans and classified loans ● Changes in the quality of the Bank’s loan review processes ● Changes in the value of underlying collateral for loans not identified as collateral dependent ● Changes in loan categorization concentrations ● Other external factors, which include, the regulatory risk ratings. The qualitative portion of the Company’s reserves on collectively evaluated loans are calculated using a combination of numeric frameworks and management judgement, to determine risk categorizations in each of the Q-factors presented above. The amount of qualitative reserves is also contingent upon the relative weighting of Q-factors according to management’s judgement. 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. Accrued interest receivable for loans is included in the “Interest receivable and other assets” line item on the Company’s Consolidated Balance Sheet. The Company elected not to measure an allowance for accrued interest receivable and instead elected to reverse accrued interest income on loans that are placed on nonaccrual status. The Company believes this policy results in the timely reversal of uncollectible interest. The following table details activity in the ACL by portfolio segment for the three and nine-month periods ended September 30, 2024 and 2023. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Allowance for Credit Losses For the Three and Nine Months Ended September 30, 2024 and 2023 (in thousands) Three Months Ended September 30, 2024 CRE CRE CRE CRE CRE Commercial and Industrial Consumer Agriculture Total Beginning balance $ 909 $ 666 $ 1,856 $ 4,764 $ 1,409 $ 1,177 $ 239 $ 101 $ 11,121 Charge-offs 0 0 0 0 0 0 (14 ) 0 (14 ) Recoveries 1,988 0 0 0 0 0 4 0 1,992 (Reversal of) provision for credit losses (2,294 ) (219 ) (347 ) 1,282 300 (282 ) (64 ) 4 (1,620 ) Ending balance $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Nine Months Ended September 30, 2024 Beginning balance $ 1,227 $ 667 $ 1,805 $ 4,805 $ 1,468 $ 650 $ 227 $ 47 $ 10,896 Charge-offs 0 0 0 0 0 0 (39 ) 0 (39 ) Recoveries 2,230 0 0 0 0 0 12 0 2,242 (Reversal of) provision for credit losses (2,854 ) (220 ) (296 ) 1,241 241 245 (35 ) 58 (1,620 ) Ending balance $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Three Months Ended September 30, 2023 Beginning balance $ 578 $ 514 $ 1,944 $ 4,628 $ 901 $ 600 $ 207 $ 39 $ 9,411 Charge-offs 0 0 0 0 0 0 (11 ) 0 (11 ) Recoveries 35 0 0 0 0 0 3 0 38 Provision for (reversal of) credit losses 179 108 (189 ) (195 ) 478 (73 ) (7 ) (1 ) 300 Ending balance $ 792 $ 622 $ 1,755 $ 4,433 $ 1,379 $ 527 $ 192 $ 38 9,738 Nine Months Ended September 30, 2023 Beginning balance $ 1,055 $ 479 $ 1,798 $ 4,211 $ 830 $ 612 $ 311 $ 172 $ 9,468 CECL day-one adjustments 338 23 103 25 12 102 (120 ) (137 ) 346 Charge-offs 0 0 0 0 0 (12 ) (28 ) 0 (40 ) Recoveries 103 0 0 0 0 12 9 0 124 (Reversal of) provision for credit losses (704 ) 120 (146 ) 197 537 (187 ) 20 3 (160 ) Ending balance $ 792 $ 622 $ 1,755 $ 4,433 $ 1,379 $ 527 $ 192 $ 38 $ 9,738 The loan recoveries of $1,992,000 recorded during the three months ended September 30, 2024 consisted of two loans to different borrowers, both of which date back to the recession period approximately 15 years ago in which collateral values were considerably depressed. One of the loans was acquired in 2015 when we completed a bank acquisition. The loan recoveries initially increased the ACL, which subsequently resulted in the reversal of $1,620,000. The following table details the ACL and ending gross loan balances as of September 30, 2024 and December 31, 2023, summarized by collective and individual evaluation methods of impairment. (in thousands) September 30, 2024 CRE CRE CRE CRE CRE Commercial and Industrial Consumer Agriculture Total Allowance for credit losses for loans: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 603 447 1,509 6,046 1,709 895 165 105 11,479 $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Ending gross loan balances: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 31,300 58,360 228,516 517,254 93,881 81,439 33,612 30,776 1,075,138 $ 31,300 $ 58,360 $ 228,516 $ 517,254 $ 93,881 $ 81,439 $ 33,612 $ 30,776 $ 1,075,138 December 31, 2023 Allowance for credit losses for loans: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 1,227 667 1,805 4,805 1,468 650 227 47 10,896 $ 1,227 $ 667 $ 1,805 $ 4,805 $ 1,468 $ 650 $ 227 $ 47 $ 10,896 Ending gross loan balances: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 63,060 54,045 210,407 470,052 96,188 65,218 31,687 25,922 1,016,579 $ 63,060 $ 54,045 $ 210,407 $ 470,052 $ 96,188 $ 65,218 $ 31,687 $ 25,922 $ 1,016,579 The following tables present gross charge-offs for the three and nine-months ended September 30, 2024 by portfolio class and origination year: Three Months Ended September 30, 2024 (in thousands) Term Loans Charged-off by Origination Year Chargeoffs 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Multi-family 0 0 0 0 0 0 0 0 Owner occupied 0 0 0 0 0 0 0 0 Non-owner occupied 0 0 0 0 0 0 0 0 Farmland 0 0 0 0 0 0 0 0 Commercial and industrial 0 0 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 14 14 Agriculture 0 0 0 0 0 0 0 0 Total $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 14 $ 14 Nine Months Ended September 30, 2024 (in thousands) Term Loans Charged-off by Origination Year Chargeoffs 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Multi-family 0 0 0 0 0 0 0 0 Owner occupied 0 0 0 0 0 0 0 0 Non-owner occupied 0 0 0 0 0 0 0 0 Farmland 0 0 0 0 0 0 0 0 Commercial and industrial 0 0 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 39 39 Agriculture 0 0 0 0 0 0 0 0 Total $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 39 $ 39 Changes in the reserve for off-balance-sheet commitments for the three and nine-months ended September 30, 2024 were as follows: Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2024 2023 2024 2023 Balance, beginning of period $ 531 $ 671 $ 609 $ 546 CECL day-one adjustment 0 0 0 547 Reversal of provision to Operations for Off Balance Sheet Commitments (44 ) (83 ) (122 ) (505 ) Balance, end of period $ 487 $ 588 $ 487 $ 588 The method for calculating the reserve for off-balance-sheet loan commitments is based on a historical funding rate applied to the undisbursed loan amount to estimate an average outstanding amount during the life of the loan commitment. Then, a historic loss rate as computed by our CECL model is applied to the estimated average outstanding balance to calculate the off-balance-sheet reserve amount. The funding rates, historic loss rates and resulting reserve amount for off-balance-sheet commitments are evaluated by management periodically as part of the CECL procedures. Reserves for off-balance-sheet commitments are recorded in interest payable and other liabilities on the condensed consolidated balance sheets. At September 30, 2024 and December 31, 2023, loans carried at $1,075,136,000 and $1,016,579,000, respectively, were pledged as collateral on advances from the Federal Home Loan Bank.

Note 5 - Financial Instruments

Note 5 - Financial Instruments and Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]	NOTE 5 FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS Fair values of financial instruments 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: Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the asset or liability. Transfers between levels of the fair value hierarchy are recognized on the actual date of the event or circumstance that caused the transfer, which generally corresponds with the Company’s quarterly valuation process. There were no transfers between levels during the three and nine-month periods ended September 30, 2024 and 2023. The estimated fair values of the Company’s financial instruments not measured at fair value as of September 30, 2024 were as follows: Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 213,907 $ 213,907 1 Restricted equity securities 6,285 6,285 2 Loans, net 1,062,230 989,539 3 Interest receivable 8,085 8,085 2 Financial liabilities: Deposits (1,690,301 ) (1,689,844 ) 3 Interest payable (232 ) (232 ) 2 Off-balance-sheet liabilities: Commitments and standby letters of credit (1,766 ) 3 The estimated fair values of the Company’s financial instruments not measured at fair value as of December 31, 2023 were as follows: Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 216,568 $ 216,568 1 Restricted equity securities 5,956 5,956 2 Loans, net 1,004,277 917,242 3 Interest receivable 8,386 8,386 2 Financial liabilities: Deposits (1,650,534 ) (1,649,808 ) 3 Interest payable (128 ) (128 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,863 ) 3 The following tables present 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 September 30, 2024 and December 31, 2023. Fair Value Measurements as of September 30, 2024 Using (in thousands) September 30, 2024 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 93,982 $ 0 $ 93,982 $ 0 Collateralized mortgage obligations 26,098 0 26,098 0 Municipalities 306,212 0 306,212 0 SBA pools 940 0 940 0 Corporate debt 41,033 0 41,033 0 Asset-backed securities 49,067 0 49,067 0 Equity Securities: Mutual fund $ 3,274 $ 3,274 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: N/A Fair Value Measurements at December 31, 2023 Using (in thousands) December 31, 2023 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 80,259 $ 0 $ 80,259 $ 0 Collateralized mortgage obligations 8,664 0 8,664 0 Municipalities 328,908 0 328,908 0 SBA pools 1,395 0 1,395 0 Corporate debt 43,517 0 43,517 0 Asset backed securities 55,335 0 55,335 0 Equity Securities: Mutual fund $ 3,132 $ 3,132 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: N/A Available-for-sale and equity securities - Loans Evaluated Individually There have been no significant changes in the valuation techniques during the three and nine-month periods ended September 30, 2024.

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 6 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) weighted average basic shares, (2) effect of dilutive securities related to non-vested restricted stock, and (3) weighted average shares of common stock and common stock equivalents. Net income available to common stockholders is calculated as net income reduced by dividends accumulated on preferred stock, if any. Basic EPS is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during each period, excluding unvested restricted stock awards. Diluted EPS is calculated using the weighted average diluted shares, which reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The dilutive shares included in year-to-date diluted EPS is a weighted average of the dilutive shares included in each quarterly diluted EPS computation under the treasury stock method. The Company has two The Company’s calculation of basic and diluted EPS for the three and nine-month periods ended September 30, 2024 and 2023 are reflected in the tables below. Three Months Ended September 30, (in thousands) 2024 2023 BASIC EARNINGS PER SHARE Net income $ 7,324 $ 7,354 Weighted average shares outstanding 8,221 8,197 Net income per common share $ 0.89 $ 0.90 DILUTED EARNINGS PER SHARE Net income $ 7,324 $ 7,354 Weighted average shares outstanding 8,221 8,197 Effect of dilutive non-vested restricted shares 43 35 Weighted average shares of common stock and common stock equivalents 8,264 8,232 Net income per diluted common share $ 0.89 $ 0.89 Nine Months Ended September 30, (in thousands) 2024 2023 BASIC EARNINGS PER SHARE Net income $ 18,940 $ 24,983 Weighted average shares outstanding 8,217 8,192 Net income per common share $ 2.30 $ 3.05 DILUTED EARNINGS PER SHARE Net income $ 18,940 $ 24,983 Weighted average shares outstanding 8,217 8,192 Effect of dilutive non-vested restricted shares 35 37 Weighted average shares of common stock and common stock equivalents 8,252 8,229 Net income per diluted common share $ 2.30 $ 3.04

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		Other Information Insider Adoption or Termination of Trading Arrangements During the quarter ended September 30, 2024, no
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 3 - Securities (Tables)

Note 3 - Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Debt Securities, Available-for-Sale [Table Text Block]	(dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 96,862 $ 226 $ (3,106 ) $ 93,982 Collateralized mortgage obligations 26,388 65 (355 ) 26,098 Municipalities 322,063 1,671 (17,522 ) 306,212 SBA pools 940 1 (1 ) 940 Corporate debt 43,500 10 (2,477 ) 41,033 Asset backed securities 49,637 59 (629 ) 49,067 $ 539,390 $ 2,032 $ (24,090 ) $ 517,332 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available-for-sale securities: U.S. agencies $ 84,678 $ 11 $ (4,430 ) $ 80,259 Collateralized mortgage obligations 9,108 0 (444 ) 8,664 Municipalities 345,981 2,792 (19,865 ) 328,908 SBA pools 1,394 3 (2 ) 1,395 Corporate debt 47,500 9 (3,992 ) 43,517 Asset backed securities 56,613 133 (1,411 ) 55,335 $ 545,274 $ 2,948 $ (30,144 ) $ 518,078
Gain (Loss) on Securities [Table Text Block]	(dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies 37 $ 4,966 $ (119 ) $ 57,899 $ (2,987 ) $ 62,865 $ (3,106 ) Collateralized mortgage obligations 6 8,286 (7 ) 3,568 (348 ) 11,854 (355 ) Municipalities 93 28,246 (139 ) 183,696 (17,383 ) 211,942 (17,522 ) SBA pools 3 128 0 160 (1 ) 288 (1 ) Corporate debt 11 0 0 39,023 (2,477 ) 39,023 (2,477 ) Asset backed securities 14 8,143 (21 ) 17,625 (608 ) 25,768 (629 ) Total temporarily impaired securities 164 $ 49,769 $ (286 ) $ 301,971 $ (23,804 ) $ 351,740 $ (24,090 ) (dollars in thousands) Less than 12 months 12 months or more Total Description of Securities Number of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss U.S. agencies 51 $ 190 $ (3 ) $ 79,556 $ (4,427 ) $ 79,746 $ (4,430 ) Collateralized mortgage obligations 6 4,791 (1 ) 3,873 (443 ) 8,664 (444 ) Municipalities 106 44,859 (453 ) 178,812 (19,412 ) 223,671 (19,865 ) SBA pools 4 116 0 472 (2 ) 588 (2 ) Corporate debt 13 0 0 41,508 (3,992 ) 41,508 (3,992 ) Asset backed securities 19 2,123 (8 ) 32,535 (1,403 ) 34,658 (1,411 ) Total temporarily impaired securities 199 $ 52,079 $ (465 ) $ 336,756 $ (29,679 ) $ 388,835 $ (30,144 )
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 $ 89,461 $ 86,651 Due after one year through five years 155,826 153,114 Due after five years through ten years 185,793 172,544 Due after ten years 108,310 105,023 $ 539,390 $ 517,332

Note 4 - Loans (Tables)

Note 4 - Loans (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(in thousands) September 30, 2024 December 31, 2023 Commercial real estate: Construction & land $ 31,300 $ 63,060 Multi-family 58,360 54,045 Owner occupied 228,516 210,407 Non-owner occupied 517,254 470,052 Farmland 93,881 96,188 Commercial and industrial 81,439 65,218 Consumer 33,612 31,687 Agriculture 30,776 25,922 Total loans 1,075,138 1,016,579 Less: Deferred loan fees and costs, net (1,429 ) (1,406 ) Allowance for credit losses (11,479 ) (10,896 ) Net loans $ 1,062,230 $ 1,004,277
Financing Receivable, Past Due [Table Text Block]	September 30, 2024 30-59 60-89 90 Days Total Current Total 90 Days Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 31,300 $ 31,300 $ 0 Multi-family 0 0 0 0 58,360 58,360 0 Owner occupied 0 0 0 0 228,516 228,516 0 Non-owner occupied 0 0 0 0 517,254 517,254 0 Farmland 0 0 0 0 93,881 93,881 0 Commercial and industrial 0 0 0 0 81,439 81,439 0 Consumer 0 0 0 0 33,612 33,612 0 Agriculture 0 0 0 0 30,776 30,776 0 Total $ 0 $ 0 $ 0 $ 0 $ 1,075,138 $ 1,075,138 $ 0 December 31, 2023 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total 90 Days or More Past Due and Still Accruing Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 63,060 $ 63,060 $ 0 Multi-family 0 0 0 0 54,045 54,045 0 Owner occupied 0 0 0 0 210,407 210,407 0 Non-owner occupied 0 0 0 0 470,052 470,052 0 Farmland 0 0 0 0 96,188 96,188 0 Commercial and industrial 0 0 0 0 65,218 65,218 0 Consumer 0 0 0 0 31,687 31,687 0 Agriculture 0 0 0 0 25,922 25,922 0 Total $ 0 $ 0 $ 0 $ 0 $ 1,016,579 $ 1,016,579 $ 0
Financing Receivable Credit Quality Indicators [Table Text Block]	As of September 30, 2024 (in thousands) Term Loans Amortized Cost Basis by Origination Year Risk Grade Ratings 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate - construction & land Pass $ 6,853 $ 8,291 $ 13,659 $ 923 $ 0 $ 1,574 $ 0 $ 31,300 Total commercial real estate - construction & land 6,853 8,291 13,659 923 0 1,574 0 31,300 Commercial real estate - multi-family Pass 5,238 4,731 6,872 7,710 3,383 30,426 0 58,360 Total commercial real estate - multi-family 5,238 4,731 6,872 7,710 3,383 30,426 0 58,360 Commercial real estate - owner occupied Pass 24,097 9,851 45,198 46,689 23,744 66,252 400 216,231 Special mention 0 0 0 7,469 0 281 0 7,750 Substandard 0 0 0 0 0 4,535 0 4,535 Total commercial real estate - owner occupied 24,097 9,851 45,198 54,158 23,744 71,068 400 228,516 Commercial real estate - non-owner occupied Pass 23,468 98,817 92,487 78,680 40,288 174,935 1,814 510,489 Special mention 0 0 0 0 0 6,765 0 6,765 Total commercial real estate - non-owner occupied 23,468 98,817 92,487 78,680 40,288 181,700 1,814 517,254 Commercial real estate - Farmland Pass 4,997 13,388 10,131 16,723 12,286 28,053 0 85,578 Special mention 0 0 0 0 2,301 6,002 0 8,303 Total commercial real estate - farmland 4,997 13,388 10,131 16,723 14,587 34,055 0 93,881 Commercial and Industrial Pass 23,422 11,769 10,053 7,240 4,027 4,633 20,234 81,378 Special mention 0 0 0 0 0 2 0 2 Substandard 0 0 0 0 0 59 0 59 Total commercial and industrial 23,422 11,769 10,053 7,240 4,027 4,694 20,234 81,439 Consumer Pass 3,939 1,074 4,832 3,578 2,119 8,975 9,053 33,570 Substandard 0 0 0 0 0 42 0 42 Total consumer 3,939 1,074 4,832 3,578 2,119 9,017 9,053 33,612 Agriculture Pass 28 1,892 1,120 1,281 0 518 19,317 24,156 Special mention 0 1,577 0 0 0 0 5,043 6,620 Total agriculture 28 3,469 1,120 1,281 0 518 24,360 30,776 Total by Risk Category Pass 92,042 149,813 184,352 162,824 85,847 315,366 50,818 1,041,062 Special mention 0 1,577 0 7,469 2,301 13,050 5,043 29,440 Substandard 0 0 0 0 0 4,636 0 4,636 Total $ 92,042 $ 151,390 $ 184,352 $ 170,293 $ 88,148 $ 333,052 $ 55,861 $ 1,075,138 As of December 31, 2023 (in thousands) Term Loans Amortized Cost Basis by Origination Year Risk Grade Ratings 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate - Construction & land Pass $ 16,237 $ 42,670 $ 1,259 $ 0 $ 1,244 $ 1,650 $ 0 $ 63,060 Total commercial real estate - construction & land 16,237 42,670 1,259 0 1,244 1,650 0 63,060 Commercial real estate - Multi-family Pass 3,803 6,976 8,711 3,473 6,780 24,302 0 54,045 Total commercial real estate - multi-family 3,803 6,976 8,711 3,473 6,780 24,302 0 54,045 Commercial real estate - Owner occupied Pass 10,031 40,666 48,377 25,642 14,341 57,971 251 197,279 Special mention 0 0 7,683 0 0 289 530 8,502 Substandard 0 0 0 0 4,626 0 0 4,626 Total commercial real estate - owner occupied 10,031 40,666 56,060 25,642 18,967 58,260 781 210,407 Commercial real estate - Non-owner occupied Pass 78,417 71,236 81,386 43,531 44,413 145,073 1,879 465,935 Special mention 0 0 0 0 0 4,117 0 4,117 Total commercial real estate - non-owner occupied 78,417 71,236 81,386 43,531 44,413 149,190 1,879 470,052 Commercial real estate - Farmland Pass 14,377 10,393 1,667 15,392 6,551 31,610 15,717 95,707 Special mention 0 0 0 0 0 481 0 481 Total commercial real estate - farmland 14,377 10,393 1,667 15,392 6,551 32,091 15,717 96,188 Commercial and Industrial Pass 10,967 11,268 9,608 6,018 4,384 2,239 20,502 64,986 Special mention 0 0 0 139 0 6 0 145 Substandard 0 0 0 0 0 87 0 87 Total commercial and industrial 10,967 11,268 9,608 6,157 4,384 2,332 20,502 65,218 Consumer Pass 1,234 5,042 4,104 2,213 2,074 7,555 8,529 30,751 Special mention 0 0 0 0 0 0 890 890 Substandard 0 0 0 0 0 46 0 46 Total consumer 1,234 5,042 4,104 2,213 2,074 7,601 9,419 31,687 Agriculture Pass 3,032 1,707 1,309 0 214 488 18,984 25,734 Special mention 0 0 0 0 0 0 188 188 Total agriculture 3,032 1,707 1,309 0 214 488 19,172 25,922 Total by Risk Category Pass 138,098 189,958 156,421 96,269 80,001 270,888 65,862 997,497 Special mention 0 0 7,683 139 0 4,893 1,608 14,323 Substandard 0 0 0 0 4,626 133 0 4,759 Total $ 138,098 $ 189,958 $ 164,104 $ 96,408 $ 84,627 $ 275,914 $ 67,470 $ 1,016,579 Three Months Ended September 30, 2024 (in thousands) Term Loans Charged-off by Origination Year Chargeoffs 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Multi-family 0 0 0 0 0 0 0 0 Owner occupied 0 0 0 0 0 0 0 0 Non-owner occupied 0 0 0 0 0 0 0 0 Farmland 0 0 0 0 0 0 0 0 Commercial and industrial 0 0 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 14 14 Agriculture 0 0 0 0 0 0 0 0 Total $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 14 $ 14 Nine Months Ended September 30, 2024 (in thousands) Term Loans Charged-off by Origination Year Chargeoffs 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Construction & land $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Multi-family 0 0 0 0 0 0 0 0 Owner occupied 0 0 0 0 0 0 0 0 Non-owner occupied 0 0 0 0 0 0 0 0 Farmland 0 0 0 0 0 0 0 0 Commercial and industrial 0 0 0 0 0 0 0 0 Consumer 0 0 0 0 0 0 39 39 Agriculture 0 0 0 0 0 0 0 0 Total $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 39 $ 39
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(in thousands) Three Months Ended September 30, 2024 CRE CRE CRE CRE CRE Commercial and Industrial Consumer Agriculture Total Beginning balance $ 909 $ 666 $ 1,856 $ 4,764 $ 1,409 $ 1,177 $ 239 $ 101 $ 11,121 Charge-offs 0 0 0 0 0 0 (14 ) 0 (14 ) Recoveries 1,988 0 0 0 0 0 4 0 1,992 (Reversal of) provision for credit losses (2,294 ) (219 ) (347 ) 1,282 300 (282 ) (64 ) 4 (1,620 ) Ending balance $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Nine Months Ended September 30, 2024 Beginning balance $ 1,227 $ 667 $ 1,805 $ 4,805 $ 1,468 $ 650 $ 227 $ 47 $ 10,896 Charge-offs 0 0 0 0 0 0 (39 ) 0 (39 ) Recoveries 2,230 0 0 0 0 0 12 0 2,242 (Reversal of) provision for credit losses (2,854 ) (220 ) (296 ) 1,241 241 245 (35 ) 58 (1,620 ) Ending balance $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Three Months Ended September 30, 2023 Beginning balance $ 578 $ 514 $ 1,944 $ 4,628 $ 901 $ 600 $ 207 $ 39 $ 9,411 Charge-offs 0 0 0 0 0 0 (11 ) 0 (11 ) Recoveries 35 0 0 0 0 0 3 0 38 Provision for (reversal of) credit losses 179 108 (189 ) (195 ) 478 (73 ) (7 ) (1 ) 300 Ending balance $ 792 $ 622 $ 1,755 $ 4,433 $ 1,379 $ 527 $ 192 $ 38 9,738 Nine Months Ended September 30, 2023 Beginning balance $ 1,055 $ 479 $ 1,798 $ 4,211 $ 830 $ 612 $ 311 $ 172 $ 9,468 CECL day-one adjustments 338 23 103 25 12 102 (120 ) (137 ) 346 Charge-offs 0 0 0 0 0 (12 ) (28 ) 0 (40 ) Recoveries 103 0 0 0 0 12 9 0 124 (Reversal of) provision for credit losses (704 ) 120 (146 ) 197 537 (187 ) 20 3 (160 ) Ending balance $ 792 $ 622 $ 1,755 $ 4,433 $ 1,379 $ 527 $ 192 $ 38 $ 9,738 (in thousands) September 30, 2024 CRE CRE CRE CRE CRE Commercial and Industrial Consumer Agriculture Total Allowance for credit losses for loans: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 603 447 1,509 6,046 1,709 895 165 105 11,479 $ 603 $ 447 $ 1,509 $ 6,046 $ 1,709 $ 895 $ 165 $ 105 $ 11,479 Ending gross loan balances: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 31,300 58,360 228,516 517,254 93,881 81,439 33,612 30,776 1,075,138 $ 31,300 $ 58,360 $ 228,516 $ 517,254 $ 93,881 $ 81,439 $ 33,612 $ 30,776 $ 1,075,138 December 31, 2023 Allowance for credit losses for loans: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 1,227 667 1,805 4,805 1,468 650 227 47 10,896 $ 1,227 $ 667 $ 1,805 $ 4,805 $ 1,468 $ 650 $ 227 $ 47 $ 10,896 Ending gross loan balances: Individually evaluated for impairment $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Collectively evaluated for impairment 63,060 54,045 210,407 470,052 96,188 65,218 31,687 25,922 1,016,579 $ 63,060 $ 54,045 $ 210,407 $ 470,052 $ 96,188 $ 65,218 $ 31,687 $ 25,922 $ 1,016,579
Change in Allowance for Loan Losses [Table Text Block]	Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2024 2023 2024 2023 Balance, beginning of period $ 531 $ 671 $ 609 $ 546 CECL day-one adjustment 0 0 0 547 Reversal of provision to Operations for Off Balance Sheet Commitments (44 ) (83 ) (122 ) (505 ) Balance, end of period $ 487 $ 588 $ 487 $ 588

Note 5 - Financial Instrument_2

Note 5 - Financial Instruments and Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2024
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 $ 213,907 $ 213,907 1 Restricted equity securities 6,285 6,285 2 Loans, net 1,062,230 989,539 3 Interest receivable 8,085 8,085 2 Financial liabilities: Deposits (1,690,301 ) (1,689,844 ) 3 Interest payable (232 ) (232 ) 2 Off-balance-sheet liabilities: Commitments and standby letters of credit (1,766 ) 3 Hierarchy (in thousands) Carrying Fair Valuation Amount Value Level Financial assets: Cash and cash equivalents $ 216,568 $ 216,568 1 Restricted equity securities 5,956 5,956 2 Loans, net 1,004,277 917,242 3 Interest receivable 8,386 8,386 2 Financial liabilities: Deposits (1,650,534 ) (1,649,808 ) 3 Interest payable (128 ) (128 ) 2 Off-balance-sheet assets (liabilities): Commitments and standby letters of credit (1,863 ) 3
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value Measurements as of September 30, 2024 Using (in thousands) September 30, 2024 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 93,982 $ 0 $ 93,982 $ 0 Collateralized mortgage obligations 26,098 0 26,098 0 Municipalities 306,212 0 306,212 0 SBA pools 940 0 940 0 Corporate debt 41,033 0 41,033 0 Asset-backed securities 49,067 0 49,067 0 Equity Securities: Mutual fund $ 3,274 $ 3,274 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: N/A Fair Value Measurements at December 31, 2023 Using (in thousands) December 31, 2023 Quoted Prices Significant Significant Assets and liabilities measured on a recurring basis: Available-for-sale securities: U.S. agencies $ 80,259 $ 0 $ 80,259 $ 0 Collateralized mortgage obligations 8,664 0 8,664 0 Municipalities 328,908 0 328,908 0 SBA pools 1,395 0 1,395 0 Corporate debt 43,517 0 43,517 0 Asset backed securities 55,335 0 55,335 0 Equity Securities: Mutual fund $ 3,132 $ 3,132 $ 0 $ 0 Assets and liabilities measured on a non-recurring basis: N/A

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 30, (in thousands) 2024 2023 BASIC EARNINGS PER SHARE Net income $ 7,324 $ 7,354 Weighted average shares outstanding 8,221 8,197 Net income per common share $ 0.89 $ 0.90 DILUTED EARNINGS PER SHARE Net income $ 7,324 $ 7,354 Weighted average shares outstanding 8,221 8,197 Effect of dilutive non-vested restricted shares 43 35 Weighted average shares of common stock and common stock equivalents 8,264 8,232 Net income per diluted common share $ 0.89 $ 0.89 Nine Months Ended September 30, (in thousands) 2024 2023 BASIC EARNINGS PER SHARE Net income $ 18,940 $ 24,983 Weighted average shares outstanding 8,217 8,192 Net income per common share $ 2.30 $ 3.05 DILUTED EARNINGS PER SHARE Net income $ 18,940 $ 24,983 Weighted average shares outstanding 8,217 8,192 Effect of dilutive non-vested restricted shares 35 37 Weighted average shares of common stock and common stock equivalents 8,252 8,229 Net income per diluted common share $ 2.30 $ 3.04

Note 2 - Recent Accounting Pr_2

Note 2 - Recent Accounting Pronouncements (Details Textual) - USD ($)	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Jan. 01, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss	$ 11,479,000	$ 11,121,000	$ 10,896,000	$ 9,738,000	$ 9,411,000		$ 9,468,000
Off-Balance-Sheet, Credit Loss, Liability	487,000	531,000	609,000	$ 588,000	671,000		546,000
Retained Earnings (Accumulated Deficit)	$ 169,494,000		154,301,000
Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss							346,000
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss						$ 346,000
Off-Balance-Sheet, Credit Loss, Liability		$ 0	$ 0		$ 0	547,000	$ 547,000
Retained Earnings (Accumulated Deficit)						(629,000)
Deferred Tax Assets, Net of Valuation Allowance						$ 264,000

Note 3 - Securities (Details Te

Note 3 - Securities (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Equity Securities, FV-NI, Current	$ 3,274,000		$ 3,274,000		$ 3,132,000
Equity Securities, FV-NI, Realized Gain (Loss)	0	$ 0	0	$ 0
Equity Securities, FV-NI, Unrealized Gain (Loss)	(141,000)	$ (144,000)	60,000	$ (141,000)
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 4,164,000,000		$ 4,164,000,000
Number of Debt Securities, Available-for-sale, Sold	0	0	18	24
Debt Securities, Available-for-Sale, Book Value of Securities Sold			$ 28,258,000	$ 42,791,000
Debt Securities, Available-for-Sale, Realized Gain			106,000	215,000
Debt Securities, Available-for-Sale, Realized Loss				72,000
Debt Securities, Available-for-Sale, Realized Gain (Loss)				143,000
Asset Pledged as Collateral [Member] | Public Funds [Member]
Debt Securities	$ 305,109,000		305,109,000		$ 288,199,000
Debt Securities, Called During The Period [member]
Debt Securities, Realized Gain (Loss)	$ (8,000)	$ 13,000	$ (9,000)	$ 13,000

Note 3 - Securities - Amortized

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale securities, amortized cost	$ 539,390	$ 545,274
Available-for-sale securities, gross unrealized gains	2,032	2,948
Available-for-sale securities, gross unrealized losses	(24,090)	(30,144)
Available-for-sale securities, fair market value	517,332	518,078
US Government Agencies Debt Securities [Member]
Available-for-sale securities, amortized cost	96,862	84,678
Available-for-sale securities, gross unrealized gains	226	11
Available-for-sale securities, gross unrealized losses	(3,106)	(4,430)
Available-for-sale securities, fair market value	93,982	80,259
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, amortized cost	26,388	9,108
Available-for-sale securities, gross unrealized gains	65	0
Available-for-sale securities, gross unrealized losses	(355)	(444)
Available-for-sale securities, fair market value	26,098	8,664
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, amortized cost	322,063	345,981
Available-for-sale securities, gross unrealized gains	1,671	2,792
Available-for-sale securities, gross unrealized losses	(17,522)	(19,865)
Available-for-sale securities, fair market value	306,212	328,908
SBA Pool [Member]
Available-for-sale securities, amortized cost	940	1,394
Available-for-sale securities, gross unrealized gains	1	3
Available-for-sale securities, gross unrealized losses	(1)	(2)
Available-for-sale securities, fair market value	940	1,395
Corporate Debt Securities [Member]
Available-for-sale securities, amortized cost	43,500	47,500
Available-for-sale securities, gross unrealized gains	10	9
Available-for-sale securities, gross unrealized losses	(2,477)	(3,992)
Available-for-sale securities, fair market value	41,033	43,517
Asset-Backed Securities [Member]
Available-for-sale securities, amortized cost	49,637	56,613
Available-for-sale securities, gross unrealized gains	59	133
Available-for-sale securities, gross unrealized losses	(629)	(1,411)
Available-for-sale securities, fair market value	$ 49,067	$ 55,335

Note 3 - Securities - Securitie

Note 3 - Securities - Securities in a Continuous Loss Position (Details) Pure in Thousands, $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Number of Securities	164	199
Less than 12 months, fair value	$ 49,769	$ 52,079
Less than 12 months, unrealized loss	(286)	(465)
12 months or more, fair value	301,971	336,756
12 months or more, unrealized loss	(23,804)	(29,679)
U.S. agencies	351,740	388,835
U.S. agencies	$ (24,090)	$ (30,144)
US Government Agencies Debt Securities [Member]
Number of Securities	37	51
Less than 12 months, fair value	$ 4,966	$ 190
Less than 12 months, unrealized loss	(119)	(3)
12 months or more, fair value	57,899	79,556
12 months or more, unrealized loss	(2,987)	(4,427)
U.S. agencies	62,865	79,746
U.S. agencies	$ (3,106)	$ (4,430)
Collateralized Mortgage Obligations [Member]
Number of Securities	6	6
Less than 12 months, fair value	$ 8,286	$ 4,791
Less than 12 months, unrealized loss	(7)	(1)
12 months or more, fair value	3,568	3,873
12 months or more, unrealized loss	(348)	(443)
U.S. agencies	11,854	8,664
U.S. agencies	$ (355)	$ (444)
US States and Political Subdivisions Debt Securities [Member]
Number of Securities	93	106
Less than 12 months, fair value	$ 28,246	$ 44,859
Less than 12 months, unrealized loss	(139)	(453)
12 months or more, fair value	183,696	178,812
12 months or more, unrealized loss	(17,383)	(19,412)
U.S. agencies	211,942	223,671
U.S. agencies	$ (17,522)	$ (19,865)
SBA Pool [Member]
Number of Securities	3	4
Less than 12 months, fair value	$ 128	$ 116
Less than 12 months, unrealized loss	0	0
12 months or more, fair value	160	472
12 months or more, unrealized loss	(1)	(2)
U.S. agencies	288	588
U.S. agencies	$ (1)	$ (2)
Corporate Debt Securities [Member]
Number of Securities	11	13
Less than 12 months, fair value	$ 0	$ 0
Less than 12 months, unrealized loss	0	0
12 months or more, fair value	39,023	41,508
12 months or more, unrealized loss	(2,477)	(3,992)
U.S. agencies	39,023	41,508
U.S. agencies	$ (2,477)	$ (3,992)
Asset-Backed Securities [Member]
Number of Securities	14	19
Less than 12 months, fair value	$ 8,143	$ 2,123
Less than 12 months, unrealized loss	(21)	(8)
12 months or more, fair value	17,625	32,535
12 months or more, unrealized loss	(608)	(1,403)
U.S. agencies	25,768	34,658
U.S. agencies	$ (629)	$ (1,411)

Note 3 - Securities - Amortiz_2

Note 3 - Securities - Amortized Cost and Estimated Fair Values of Debt Securities (2) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Due in one year or less, amortized cost	$ 89,461
Due in one year or less, fair value	86,651
Due after one year through five years, amortized cost	155,826
Due after one year through five years, fair value	153,114
Due after five years through ten years, amortized cost	185,793
Due after five years through ten years, fair value	172,544
Due after ten years, amortized cost	108,310
Due after ten years, fair value	105,023
Available-for-sale securities, amortized cost	539,390	$ 545,274
Securities - available for sale	$ 517,332	$ 518,078

Note 4 - Loans (Details Textual

Note 4 - Loans (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023	Jan. 01, 2023	Dec. 31, 2022
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	$ 3,680,000		$ 3,680,000
Underwriting Standards, Loan to Value Percentage	80%		80%
Underwriting Standards, Housing Percentage	36%		36%
Underwriting Standards, Total Debt Ratio	42%		42%
Financing Receivable, Nonaccrual	$ 0		$ 0			$ 0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 1,075,138,000		$ 1,075,138,000			1,016,579,000
Financing Receivable, Minimum Cash Collateral Percent	110%		110%
Financing Receivable, Allowance for Credit Loss	$ 11,479,000	$ 9,738,000	$ 11,479,000	$ 9,738,000	$ 11,121,000	10,896,000	$ 9,411,000		$ 9,468,000
Financing Receivable, Allowance for Credit Loss, Recovery	1,992,000	38,000	2,242,000	124,000
(Reversal of) provision for credit losses	(1,620,000)	300,000	(1,620,000)	(160,000)
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	1,075,136,000		1,075,136,000			1,016,579,000
Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss									346,000
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss								$ 346,000
Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	0		0			0
Collateral Pledged [Member]
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 0		$ 0			0
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Gross Carrying Amount As Percentage of Total Loans	86%		86%
Commercial Portfolio Segment [Member]
Financing Receivable, Gross Carrying Amount As Percentage of Total Loans	8%		8%
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 81,439,000		$ 81,439,000			65,218,000
Financing Receivable, Allowance for Credit Loss	895,000	527,000	895,000	527,000	1,177,000	650,000	600,000		612,000
Financing Receivable, Allowance for Credit Loss, Recovery	0	0	0	12,000
(Reversal of) provision for credit losses	$ (282,000)	(73,000)	$ 245,000	(187,000)
Commercial Portfolio Segment [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss									102,000
Residential Real Estate and Other Consumer Loans [Member]
Financing Receivable, Gross Carrying Amount As Percentage of Total Loans	3%		3%
Agriculture [Member]
Financing Receivable, Gross Carrying Amount As Percentage of Total Loans	3%		3%
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 30,776,000		$ 30,776,000			25,922,000
Financing Receivable, Allowance for Credit Loss	105,000	38,000	105,000	38,000	$ 101,000	$ 47,000	$ 39,000		172,000
Financing Receivable, Allowance for Credit Loss, Recovery	0	0	0	0
(Reversal of) provision for credit losses	$ 4,000	$ (1,000)	$ 58,000	$ 3,000
Agriculture [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss									$ (137,000)

Note 4 - Loans - Loans (Details

Note 4 - Loans - Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Loans	$ 1,075,138		$ 1,016,579
Deferred loan fees and costs, net	(1,429)		(1,406)
Allowance for credit losses	(11,479)	$ (11,121)	(10,896)	$ (9,738)	$ (9,411)	$ (9,468)
Net loans	1,062,230		1,004,277
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans	31,300		63,060
Allowance for credit losses	(603)	(909)	(1,227)	(792)	(578)	(1,055)
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member]
Loans	58,360		54,045
Allowance for credit losses	(447)	(666)	(667)	(622)	(514)	(479)
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member]
Loans	228,516		210,407
Allowance for credit losses	(1,509)	(1,856)	(1,805)	(1,755)	(1,944)	(1,798)
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member]
Loans	517,254		470,052
Allowance for credit losses	(6,046)	(4,764)	(4,805)	(4,433)	(4,628)	(4,211)
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	93,881		96,188
Allowance for credit losses	(1,709)	(1,409)	(1,468)	(1,379)	(901)	(830)
Commercial Portfolio Segment [Member]
Loans	81,439		65,218
Allowance for credit losses	(895)	(1,177)	(650)	(527)	(600)	(612)
Consumer Portfolio Segment [Member]
Loans	33,612		31,687
Allowance for credit losses	(165)	(239)	(227)	(192)	(207)	(311)
Agriculture [Member]
Loans	30,776		25,922
Allowance for credit losses	$ (105)	$ (101)	$ (47)	$ (38)	$ (39)	$ (172)

Note 4 - Loans - Aging of Past

Note 4 - Loans - Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loans	$ 1,075,138	$ 1,016,579
Greater than 90 days past due and still accruing	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Financial Asset, Past Due [Member]
Loans	0	0
Financial Asset, Not Past Due [Member]
Loans	1,075,138	1,016,579
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Loans	31,300	63,060
Greater than 90 days past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Financial Asset, Not Past Due [Member]
Loans	31,300	63,060
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member]
Loans	58,360	54,045
Greater than 90 days past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Not Past Due [Member]
Loans	58,360	54,045
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member]
Loans	228,516	210,407
Greater than 90 days past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Financial Asset, Not Past Due [Member]
Loans	228,516	210,407
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member]
Loans	517,254	470,052
Greater than 90 days past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Financial Asset, Not Past Due [Member]
Loans	517,254	470,052
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Loans	93,881	96,188
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]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	93,881	96,188
Commercial Portfolio Segment [Member]
Loans	81,439	65,218
Greater than 90 days past due and still accruing	0	0
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	81,439	65,218
Consumer Portfolio Segment [Member]
Loans	33,612	31,687
Greater than 90 days past due and still accruing	0	0
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans	33,612	31,687
Agriculture [Member]
Loans	30,776	25,922
Greater than 90 days past due and still accruing	0	0
Agriculture [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Agriculture [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Agriculture [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Agriculture [Member] | Financial Asset, Past Due [Member]
Loans	0	0
Agriculture [Member] | Financial Asset, Not Past Due [Member]
Loans	$ 30,776	$ 25,922

Note 4 - Loans - Credit Quality

Note 4 - Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Land	$ 0		$ 0
Financing Receivable, Year One	92,042		92,042		$ 138,098
Land	0		0
Financing Receivable, Year Two	151,390		151,390		189,958
Land	0		0
Financing Receivable, Year Three	184,352		184,352		164,104
Land	0		0
Financing Receivable, Year Four	170,293		170,293		96,408
Land	0		0
Financing Receivable, Year Five	88,148		88,148		84,627
Land	0		0
Financing Receivable, Prior	333,052		333,052		275,914
Land	14		39
Financing Receivable, Revolving	55,861		55,861		67,470
Land	14	$ 11	39	$ 40
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	1,075,138		1,075,138		1,016,579
Pass [Member]
Financing Receivable, Year One	92,042		92,042		138,098
Financing Receivable, Year Two	149,813		149,813		189,958
Financing Receivable, Year Three	184,352		184,352		156,421
Financing Receivable, Year Four	162,824		162,824		96,269
Financing Receivable, Year Five	85,847		85,847		80,001
Financing Receivable, Prior	315,366		315,366		270,888
Financing Receivable, Revolving	50,818		50,818		65,862
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	1,041,062		1,041,062		997,497
Special Mention [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	1,577		1,577		0
Financing Receivable, Year Three	0		0		7,683
Financing Receivable, Year Four	7,469		7,469		139
Financing Receivable, Year Five	2,301		2,301		0
Financing Receivable, Prior	13,050		13,050		4,893
Financing Receivable, Revolving	5,043		5,043		1,608
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	29,440		29,440		14,323
Substandard [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		4,626
Financing Receivable, Prior	4,636		4,636		133
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	4,636		4,636		4,759
Commercial Portfolio Segment [Member]
Land	0		0
Financing Receivable, Year One	23,422		23,422		10,967
Land	0		0
Financing Receivable, Year Two	11,769		11,769		11,268
Land	0		0
Financing Receivable, Year Three	10,053		10,053		9,608
Land	0		0
Financing Receivable, Year Four	7,240		7,240		6,157
Land	0		0
Financing Receivable, Year Five	4,027		4,027		4,384
Land	0		0
Financing Receivable, Prior	4,694		4,694		2,332
Land	0		0
Financing Receivable, Revolving	20,234		20,234		20,502
Land	0	0	0	12
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	81,439		81,439		65,218
Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	23,422		23,422		10,967
Financing Receivable, Year Two	11,769		11,769		11,268
Financing Receivable, Year Three	10,053		10,053		9,608
Financing Receivable, Year Four	7,240		7,240		6,018
Financing Receivable, Year Five	4,027		4,027		4,384
Financing Receivable, Prior	4,633		4,633		2,239
Financing Receivable, Revolving	20,234		20,234		20,502
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	81,378		81,378		64,986
Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		139
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	2		2		6
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	2		2		145
Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	59		59		87
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	59		59		87
Consumer Portfolio Segment [Member]
Land	0		0
Financing Receivable, Year One	3,939		3,939		1,234
Land	0		0
Financing Receivable, Year Two	1,074		1,074		5,042
Land	0		0
Financing Receivable, Year Three	4,832		4,832		4,104
Land	0		0
Financing Receivable, Year Four	3,578		3,578		2,213
Land	0		0
Financing Receivable, Year Five	2,119		2,119		2,074
Land	0		0
Financing Receivable, Prior	9,017		9,017		7,601
Land	14		39
Financing Receivable, Revolving	9,053		9,053		9,419
Land	14	11	39	28
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	33,612		33,612		31,687
Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	3,939		3,939		1,234
Financing Receivable, Year Two	1,074		1,074		5,042
Financing Receivable, Year Three	4,832		4,832		4,104
Financing Receivable, Year Four	3,578		3,578		2,213
Financing Receivable, Year Five	2,119		2,119		2,074
Financing Receivable, Prior	8,975		8,975		7,555
Financing Receivable, Revolving	9,053		9,053		8,529
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	33,570		33,570		30,751
Consumer Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One					0
Financing Receivable, Year Two					0
Financing Receivable, Year Three					0
Financing Receivable, Year Four					0
Financing Receivable, Year Five					0
Financing Receivable, Prior					0
Financing Receivable, Revolving					890
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process					890
Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	42		42		46
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	42		42		46
Agriculture [Member]
Land	0		0
Financing Receivable, Year One	28		28		3,032
Land	0		0
Financing Receivable, Year Two	3,469		3,469		1,707
Land	0		0
Financing Receivable, Year Three	1,120		1,120		1,309
Land	0		0
Financing Receivable, Year Four	1,281		1,281		0
Land	0		0
Financing Receivable, Year Five	0		0		214
Land	0		0
Financing Receivable, Prior	518		518		488
Land	0		0
Financing Receivable, Revolving	24,360		24,360		19,172
Land	0	0	0	0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	30,776		30,776		25,922
Agriculture [Member] | Pass [Member]
Financing Receivable, Year One	28		28		3,032
Financing Receivable, Year Two	1,892		1,892		1,707
Financing Receivable, Year Three	1,120		1,120		1,309
Financing Receivable, Year Four	1,281		1,281		0
Financing Receivable, Year Five	0		0		214
Financing Receivable, Prior	518		518		488
Financing Receivable, Revolving	19,317		19,317		18,984
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	24,156		24,156		25,734
Agriculture [Member] | Special Mention [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	1,577		1,577		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	0		0		0
Financing Receivable, Revolving	5,043		5,043		188
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	6,620		6,620		188
Land Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Construction and Land [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Year One					16,237
Financing Receivable, Year Two					42,670
Financing Receivable, Year Three					1,259
Financing Receivable, Year Four					0
Financing Receivable, Year Five					1,244
Financing Receivable, Prior					1,650
Financing Receivable, Revolving					0
Land	0	0	0	0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	31,300		31,300		63,060
Construction and Land [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One					16,237
Financing Receivable, Year Two					42,670
Financing Receivable, Year Three					1,259
Financing Receivable, Year Four					0
Financing Receivable, Year Five					1,244
Financing Receivable, Prior					1,650
Financing Receivable, Revolving					0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process					63,060
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Year One	6,853		6,853
Financing Receivable, Year Two	8,291		8,291
Financing Receivable, Year Three	13,659		13,659
Financing Receivable, Year Four	923		923
Financing Receivable, Year Five	0		0
Financing Receivable, Prior	1,574		1,574
Financing Receivable, Revolving	0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	31,300		31,300
Construction Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	6,853		6,853
Financing Receivable, Year Two	8,291		8,291
Financing Receivable, Year Three	13,659		13,659
Financing Receivable, Year Four	923		923
Financing Receivable, Year Five	0		0
Financing Receivable, Prior	1,574		1,574
Financing Receivable, Revolving	0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	31,300		31,300
Multifamily [Member] | Commercial Real Estate Portfolio Segment [Member]
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0		0
Land	0	0	0	0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	58,360		58,360		54,045
Owner Occupied [Member] | Commercial Real Estate Portfolio Segment [Member]
Land	0		0
Financing Receivable, Year One	24,097		24,097		10,031
Land	0		0
Financing Receivable, Year Two	9,851		9,851		40,666
Land	0		0
Financing Receivable, Year Three	45,198		45,198		56,060
Land	0		0
Financing Receivable, Year Four	54,158		54,158		25,642
Land	0		0
Financing Receivable, Year Five	23,744		23,744		18,967
Land	0		0
Financing Receivable, Prior	71,068		71,068		58,260
Land	0		0
Financing Receivable, Revolving	400		400		781
Land	0	0	0	0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	228,516		228,516		210,407
Owner Occupied [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	24,097		24,097		10,031
Financing Receivable, Year Two	9,851		9,851		40,666
Financing Receivable, Year Three	45,198		45,198		48,377
Financing Receivable, Year Four	46,689		46,689		25,642
Financing Receivable, Year Five	23,744		23,744		14,341
Financing Receivable, Prior	66,252		66,252		57,971
Financing Receivable, Revolving	400		400		251
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	216,231		216,231		197,279
Owner Occupied [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		7,683
Financing Receivable, Year Four	7,469		7,469		0
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	281		281		289
Financing Receivable, Revolving	0		0		530
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	7,750		7,750		8,502
Owner Occupied [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		4,626
Financing Receivable, Prior	4,535		4,535		0
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	4,535		4,535		4,626
Mortgage Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Year One	5,238		5,238		3,803
Financing Receivable, Year Two	4,731		4,731		6,976
Financing Receivable, Year Three	6,872		6,872		8,711
Financing Receivable, Year Four	7,710		7,710		3,473
Financing Receivable, Year Five	3,383		3,383		6,780
Financing Receivable, Prior	30,426		30,426		24,302
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	58,360		58,360		54,045
Mortgage Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	5,238		5,238		3,803
Financing Receivable, Year Two	4,731		4,731		6,976
Financing Receivable, Year Three	6,872		6,872		8,711
Financing Receivable, Year Four	7,710		7,710		3,473
Financing Receivable, Year Five	3,383		3,383		6,780
Financing Receivable, Prior	30,426		30,426		24,302
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	58,360		58,360		54,045
Non-owner Occupied [member] | Commercial Real Estate Portfolio Segment [Member]
Land	0		0
Financing Receivable, Year One	23,468		23,468		78,417
Land	0		0
Financing Receivable, Year Two	98,817		98,817		71,236
Land	0		0
Financing Receivable, Year Three	92,487		92,487		81,386
Land	0		0
Financing Receivable, Year Four	78,680		78,680		43,531
Land	0		0
Financing Receivable, Year Five	40,288		40,288		44,413
Land	0		0
Financing Receivable, Prior	181,700		181,700		149,190
Land	0		0
Financing Receivable, Revolving	1,814		1,814		1,879
Land	0	0	0	0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	517,254		517,254		470,052
Non-owner Occupied [member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	23,468		23,468		78,417
Financing Receivable, Year Two	98,817		98,817		71,236
Financing Receivable, Year Three	92,487		92,487		81,386
Financing Receivable, Year Four	78,680		78,680		43,531
Financing Receivable, Year Five	40,288		40,288		44,413
Financing Receivable, Prior	174,935		174,935		145,073
Financing Receivable, Revolving	1,814		1,814		1,879
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	510,489		510,489		465,935
Non-owner Occupied [member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One	0		0		0
Financing Receivable, Year Two	0		0		0
Financing Receivable, Year Three	0		0		0
Financing Receivable, Year Four	0		0		0
Financing Receivable, Year Five	0		0		0
Financing Receivable, Prior	6,765		6,765		4,117
Financing Receivable, Revolving	0		0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	6,765		6,765		4,117
Farmland Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Land	0		0
Financing Receivable, Year One	4,997		4,997		14,377
Land	0		0
Financing Receivable, Year Two	13,388		13,388		10,393
Land	0		0
Financing Receivable, Year Three	10,131		10,131		1,667
Land	0		0
Financing Receivable, Year Four	16,723		16,723		15,392
Land	0		0
Financing Receivable, Year Five	14,587		14,587		6,551
Land	0		0
Financing Receivable, Prior	34,055		34,055		32,091
Land	0		0
Financing Receivable, Revolving	0		0		15,717
Land	0	$ 0	0	$ 0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	93,881		93,881		96,188
Farmland Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Year One	4,997		4,997		14,377
Financing Receivable, Year Two	13,388		13,388		10,393
Financing Receivable, Year Three	10,131		10,131		1,667
Financing Receivable, Year Four	16,723		16,723		15,392
Financing Receivable, Year Five	12,286		12,286		6,551
Financing Receivable, Prior	28,053		28,053		31,610
Financing Receivable, Revolving	0		0		15,717
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	85,578		85,578		95,707
Farmland Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One					0
Financing Receivable, Year Two					0
Financing Receivable, Year Three					0
Financing Receivable, Year Four					0
Financing Receivable, Year Five					0
Financing Receivable, Prior					481
Financing Receivable, Revolving					0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process					$ 481
Farmland Loans [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Year One	0		0
Financing Receivable, Year Two	0		0
Financing Receivable, Year Three	0		0
Financing Receivable, Year Four	0		0
Financing Receivable, Year Five	2,301		2,301
Financing Receivable, Prior	6,002		6,002
Financing Receivable, Revolving	0		0
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 8,303		$ 8,303

Note 4 - Loans - Allowance for

Note 4 - Loans - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023
Beginning balance	$ 11,121,000	$ 9,411,000	$ 10,896,000	$ 9,468,000
Individually evaluated for impairment					$ 0	$ 0
Charge-offs	(14,000)	(11,000)	(39,000)	(40,000)
Collectively evaluated for impairment	11,479,000		11,479,000			10,896,000
Recoveries	1,992,000	38,000	2,242,000	124,000
Financing Receivable, Allowance for Credit Loss	11,479,000	9,738,000	11,479,000	9,738,000	11,121,000	10,896,000
Reversal of provision for credit losses	(1,620,000)	300,000	(1,620,000)	(160,000)
Individually evaluated for impairment	0		0			0
Ending balance	11,479,000	9,738,000	11,479,000	9,738,000
Collectively evaluated for impairment	1,075,138,000		1,075,138,000			1,016,579,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	1,075,138,000		1,075,138,000			1,016,579,000
Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				346,000
Financing Receivable, Allowance for Credit Loss
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Beginning balance	909,000	578,000	1,227,000	1,055,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	603,000		603,000			1,227,000
Recoveries	1,988,000	35,000	2,230,000	103,000
Financing Receivable, Allowance for Credit Loss	603,000	792,000	603,000	792,000	909,000	1,227,000
Reversal of provision for credit losses	(2,294,000)	179,000	(2,854,000)	(704,000)
Individually evaluated for impairment	0		0			0
Ending balance	603,000	792,000	603,000	792,000
Collectively evaluated for impairment	31,300,000		31,300,000			63,060,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	31,300,000		31,300,000			63,060,000
Commercial Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				338,000
Financing Receivable, Allowance for Credit Loss
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member]
Beginning balance	666,000	514,000	667,000	479,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	447,000		447,000			667,000
Recoveries	0	0	0	0
Financing Receivable, Allowance for Credit Loss	447,000	622,000	447,000	622,000	666,000	667,000
Reversal of provision for credit losses	(219,000)	108,000	(220,000)	120,000
Individually evaluated for impairment	0		0			0
Ending balance	447,000	622,000	447,000	622,000
Collectively evaluated for impairment	58,360,000		58,360,000			54,045,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	58,360,000		58,360,000			54,045,000
Commercial Real Estate Portfolio Segment [Member] | Multifamily [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				23,000
Financing Receivable, Allowance for Credit Loss
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member]
Beginning balance	1,856,000	1,944,000	1,805,000	1,798,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	1,509,000		1,509,000			1,805,000
Recoveries	0	0	0	0
Financing Receivable, Allowance for Credit Loss	1,509,000	1,755,000	1,509,000	1,755,000	1,856,000	1,805,000
Reversal of provision for credit losses	(347,000)	(189,000)	(296,000)	(146,000)
Individually evaluated for impairment	0		0			0
Ending balance	1,509,000	1,755,000	1,509,000	1,755,000
Collectively evaluated for impairment	228,516,000		228,516,000			210,407,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	228,516,000		228,516,000			210,407,000
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				103,000
Financing Receivable, Allowance for Credit Loss
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member]
Beginning balance	4,764,000	4,628,000	4,805,000	4,211,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	6,046,000		6,046,000			4,805,000
Recoveries	0	0	0	0
Financing Receivable, Allowance for Credit Loss	6,046,000	4,433,000	6,046,000	4,433,000	4,764,000	4,805,000
Reversal of provision for credit losses	1,282,000	(195,000)	1,241,000	197,000
Individually evaluated for impairment	0		0			0
Ending balance	6,046,000	4,433,000	6,046,000	4,433,000
Collectively evaluated for impairment	517,254,000		517,254,000			470,052,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	517,254,000		517,254,000			470,052,000
Commercial Real Estate Portfolio Segment [Member] | Non-owner Occupied [member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				25,000
Financing Receivable, Allowance for Credit Loss
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member]
Beginning balance	1,409,000	901,000	1,468,000	830,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	1,709,000		1,709,000			1,468,000
Recoveries	0	0	0	0
Financing Receivable, Allowance for Credit Loss	1,709,000	1,379,000	1,709,000	1,379,000	1,409,000	1,468,000
Reversal of provision for credit losses	300,000	478,000	241,000	537,000
Individually evaluated for impairment	0		0			0
Ending balance	1,709,000	1,379,000	1,709,000	1,379,000
Collectively evaluated for impairment	93,881,000		93,881,000			96,188,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	93,881,000		93,881,000			96,188,000
Commercial Real Estate Portfolio Segment [Member] | Farmland Loans [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				12,000
Financing Receivable, Allowance for Credit Loss
Commercial Portfolio Segment [Member]
Beginning balance	1,177,000	600,000	650,000	612,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	(12,000)
Collectively evaluated for impairment	895,000		895,000			650,000
Recoveries	0	0	0	12,000
Financing Receivable, Allowance for Credit Loss	895,000	527,000	895,000	527,000	1,177,000	650,000
Reversal of provision for credit losses	(282,000)	(73,000)	245,000	(187,000)
Individually evaluated for impairment	0		0			0
Ending balance	895,000	527,000	895,000	527,000
Collectively evaluated for impairment	81,439,000		81,439,000			65,218,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	81,439,000		81,439,000			65,218,000
Commercial Portfolio Segment [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				102,000
Financing Receivable, Allowance for Credit Loss
Consumer Portfolio Segment [Member]
Beginning balance	239,000	207,000	227,000	311,000
Individually evaluated for impairment					0	0
Charge-offs	(14,000)	(11,000)	(39,000)	(28,000)
Collectively evaluated for impairment	165,000		165,000			227,000
Recoveries	4,000	3,000	12,000	9,000
Financing Receivable, Allowance for Credit Loss	165,000	192,000	165,000	192,000	239,000	227,000
Reversal of provision for credit losses	(64,000)	(7,000)	(35,000)	20,000
Individually evaluated for impairment	0		0			0
Ending balance	165,000	192,000	165,000	192,000
Collectively evaluated for impairment	33,612,000		33,612,000			31,687,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	33,612,000		33,612,000			31,687,000
Consumer Portfolio Segment [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				(120,000)
Financing Receivable, Allowance for Credit Loss
Agriculture [Member]
Beginning balance	101,000	39,000	47,000	172,000
Individually evaluated for impairment					0	0
Charge-offs	0	0	0	0
Collectively evaluated for impairment	105,000		105,000			47,000
Recoveries	0	0	0	0
Financing Receivable, Allowance for Credit Loss	105,000	38,000	105,000	38,000	$ 101,000	47,000
Reversal of provision for credit losses	4,000	(1,000)	58,000	3,000
Individually evaluated for impairment	0		0			0
Ending balance	105,000	$ 38,000	105,000	38,000
Collectively evaluated for impairment	30,776,000		30,776,000			25,922,000
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process	$ 30,776,000		$ 30,776,000			$ 25,922,000
Agriculture [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance				$ (137,000)
Financing Receivable, Allowance for Credit Loss

Note 4 - Loans - Changes in the

Note 4 - Loans - Changes in the Allowance, Off-balance-sheet Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Balance, beginning of period	$ 531	$ 671	$ 609	$ 546
(Reversal of) Provision to Operations for Off Balance Sheet Commitments	(44)	(83)	(122)	(505)
Balance, end of period	487	588	487	588
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, beginning of period	$ 0	$ 0	$ 0	$ 547

Note 5 - Financial Instrument_3

Note 5 - Financial Instruments and Fair Value Measurements - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 1 [Member] | Reported Value Measurement [Member]
Cash and cash equivalents	$ 213,907	$ 216,568
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	213,907	216,568
Fair Value, Inputs, Level 2 [Member] | Reported Value Measurement [Member]
Restricted equity securities	6,285	5,956
Interest receivable	8,085	8,386
Interest payable	(232)	(128)
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Restricted equity securities	6,285	5,956
Interest receivable	8,085	8,386
Interest payable	(232)	(128)
Fair Value, Inputs, Level 3 [Member] | Reported Value Measurement [Member]
Loans, net	1,062,230	1,004,277
Deposits	(1,690,301)	(1,650,534)
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value Measurement [Member]
Loans, net	989,539	917,242
Deposits	(1,689,844)	(1,649,808)
Commitments and standby letters of credit	$ (1,766)	$ (1,863)

Note 5 - Financial Instrument_4

Note 5 - Financial Instruments and Fair Value Measurements - Measured on Recurring and Non Recurring Basis (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Available-for-sale securities, fair market value	$ 517,332,000	$ 518,078,000
Equity Securities	3,274,000	3,132,000
US Government Agencies Debt Securities [Member]
Available-for-sale securities, fair market value	93,982,000	80,259,000
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	93,982,000	80,259,000
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value	0	0
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	93,982,000	80,259,000
US Government Agencies Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value	0	0
Collateralized Mortgage Obligations [Member]
Available-for-sale securities, fair market value	26,098,000	8,664,000
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	26,098,000	8,664,000
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	26,098,000	8,664,000
Collateralized Mortgage Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale securities, fair market value	306,212,000	328,908,000
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	306,212,000	328,908,000
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
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	306,212,000	328,908,000
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
SBA Pool [Member]
Available-for-sale securities, fair market value	940,000	1,395,000
SBA Pool [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	940,000	1,395,000
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	940,000	1,395,000
SBA Pool [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0
Corporate Debt Securities [Member]
Available-for-sale securities, fair market value	41,033,000	43,517,000
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	41,033,000	43,517,000
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	41,033,000	43,517,000
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0
Asset-Backed Securities [Member]
Available-for-sale securities, fair market value	49,067,000	55,335,000
Asset-Backed Securities [Member] | Fair Value, Recurring [Member]
Available-for-sale securities, fair market value	49,067,000	55,335,000
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, fair market value		0
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, fair market value	49,067,000	55,335,000
Asset-Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, fair market value		0
Mutual Fund [Member] | Fair Value, Recurring [Member]
Equity Securities	3,274,000	3,132,000
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

Note 6 - Earnings Per Share (De

Note 6 - Earnings Per Share (Details Textual)	9 Months Ended
	Sep. 30, 2024
Number Of Forms Of Outstanding Common Stock	2

Note 6 - Earnings Per Share - E

Note 6 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Net income	$ 7,324	$ 7,354	$ 18,940	$ 24,983
Weighted average shares outstanding (in shares)	8,221	8,197	8,217	8,192
Net income per common share (in dollars per share)	$ 0.89	$ 0.9	$ 2.3	$ 3.05
Effect of dilutive non-vested restricted shares (in shares)	43	35	35	37
Weighted average shares of common stock and common stock equivalents (in shares)	8,264	8,232	8,252	8,229
Net income per diluted common share (in dollars per share)	$ 0.89	$ 0.89	$ 2.3	$ 3.04