Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4. LOANS RECEIVABLE Loans receivable consisted of the following: June 30, December 31, 2020 2019 (In Thousands) Real estate loans: Residential 1-4 family $ 150,818 $ 157,898 Commercial real estate 432,631 434,025 Other loans: Home equity 58,755 56,414 Consumer 20,231 18,882 Commercial 181,005 113,319 Total 843,440 780,538 Deferred loan fees, net (2,611 ) (1,303 ) Allowance for loan losses (10,500 ) (8,600 ) Total loans, net $ 830,329 $ 770,635 Within the loan categories above, $11,457,000 and $13,602,000 was guaranteed by the United States Department of Agriculture Rural Development at June 30, 2020 December 31, 2019 June 30, 2020 December 31, 2019 June 30, 2020. Allowance for loan losses activity was as follows: Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Balance, April, 1 2020 $ 1,301 $ 5,214 $ 477 $ 354 $ 1,904 $ 9,250 Charge-offs - - - (3 ) (8 ) (11 ) Recoveries - 2 - 3 29 34 Provision 68 880 14 17 248 1,227 Balance, June 30, 2020 $ 1,369 $ 6,096 $ 491 $ 371 $ 2,173 $ 10,500 Allowance for loan losses: Balance, January 1, 2020 $ 1,301 $ 4,826 $ 477 $ 284 $ 1,712 $ 8,600 Charge-offs - (18 ) - (11 ) (18 ) (47 ) Recoveries - 8 - 11 31 50 Provision 68 1,280 14 87 448 1,897 Balance, June 30, 2020 $ 1,369 $ 6,096 $ 491 $ 371 $ 2,173 $ 10,500 Balance, June 30, 2020 allocated to loans individually evaluated for impairment $ 97 $ - $ - $ - $ 70 $ 167 Balance, June 30, 2020 allocated to loans collectively evaluated for impairment $ 1,272 $ 6,096 $ 491 $ 371 $ 2,103 $ 10,333 Loans receivable: Balance, June 30, 2020 $ 150,818 $ 432,631 $ 58,755 $ 20,231 $ 181,005 $ 843,440 Balance, June 30, 2020 of loans individually evaluated for impairment $ 1,266 $ 3,922 $ 191 $ 198 $ 2,284 $ 7,861 Balance, June 30, 2020 of loans collectively evaluated for impairment $ 149,552 $ 428,709 $ 58,564 $ 20,033 $ 178,721 $ 835,579 Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Balance, April, 1 2019 $ 1,301 $ 3,923 $ 477 $ 197 $ 1,202 $ 7,100 Charge-offs - - (75 ) (4 ) (2 ) (81 ) Recoveries - 3 - 9 22 34 Provision - 350 75 22 250 697 Balance, June 30, 2019 $ 1,301 $ 4,276 $ 477 $ 224 $ 1,472 $ 7,750 Allowance for loan losses: Balance, January 1, 2019 $ 1,301 $ 3,593 $ 477 $ 190 $ 1,039 $ 6,600 Charge-offs - (20 ) (75 ) (13 ) (97 ) (205 ) Recoveries - 9 - 15 30 54 Provision - 694 75 32 500 1,301 Balance, June 30, 2019 $ 1,301 $ 4,276 $ 477 $ 224 $ 1,472 $ 7,750 Balance, June 30, 2019 allocated to loans individually evaluated for impairment $ - $ - $ - $ - $ - $ - Balance, June 30, 2019 allocated to loans collectively evaluated for impairment $ 1,301 $ 4,276 $ 477 $ 224 $ 1,472 $ 7,750 Loans receivable: Balance, June 30, 2019 $ 145,148 $ 412,690 $ 55,582 $ 19,181 $ 121,048 $ 753,649 Balance, June 30, 2019 of loans individually evaluated for impairment $ 680 $ 1,156 $ 199 $ 132 $ 1,462 $ 3,629 Balance, June 30, 2019 of loans collectively evaluated for impairment $ 144,468 $ 411,534 $ 55,383 $ 19,049 $ 119,586 $ 750,020 Internal classification of the loan portfolio was as follows: June 30, 2020 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 110,754 $ - $ 1,200 $ - $ - $ 111,954 Residential 1-4 family construction 38,527 - 337 - - 38,864 Commercial real estate 315,953 1,818 2,863 - - 320,634 Commercial construction and development 53,294 94 - - - 53,388 Farmland 57,298 83 1,175 53 - 58,609 Other loans: Home equity 58,431 133 191 - - 58,755 Consumer 20,033 - 198 - 20,231 Commercial 120,323 845 1,014 - - 122,182 Agricultural 56,729 297 1,366 431 - 58,823 Total $ 831,342 $ 3,270 $ 8,344 $ 484 $ - $ 843,440 December 31, 2019 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 118,116 $ - $ 1,180 $ - $ - $ 119,296 Residential 1-4 family construction 38,265 - 337 - - 38,602 Commercial real estate 328,750 - 2,312 - - 331,062 Commercial construction and development 52,620 - 50 - - 52,670 Farmland 49,959 108 168 58 - 50,293 Other loans: Home equity 56,039 78 297 - - 56,414 Consumer 18,694 - 188 - - 18,882 Commercial 71,868 159 707 63 - 72,797 Agricultural 39,347 138 570 467 - 40,522 Total $ 773,658 $ 483 $ 5,809 $ 588 $ - $ 780,538 The following tables include information regarding delinquencies within the loan portfolio. June 30, 2020 Loans Past Due and Still Accruing 90 Days 30-89 Days and Non-Accrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Real estate loans: Residential 1-4 family $ 1,397 $ - $ 1,397 $ 832 $ 109,725 $ 111,954 Residential 1-4 family construction - 427 427 337 38,100 38,864 Commercial real estate 327 - 327 939 319,368 320,634 Commercial construction and development 26 - 26 - 53,362 53,388 Farmland 998 - 998 1,255 56,356 58,609 Other loans: Home equity 67 - 67 191 58,497 58,755 Consumer 30 - 30 198 20,003 20,231 Commercial 345 115 460 793 120,929 122,182 Agricultural 883 124 1,007 1,331 56,485 58,823 Total $ 4,073 $ 666 $ 4,739 $ 5,876 $ 832,825 $ 843,440 December 31, 2019 Loans Past Due and Still Accruing 90 Days 30-89 Days and Non-Accrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Real estate loans: Residential 1-4 family $ 702 $ 4 $ 706 $ 618 $ 117,972 $ 119,296 Residential 1-4 family construction 260 - 260 337 38,005 38,602 Commercial real estate 793 - 793 583 329,686 331,062 Commercial construction and development 72 - 72 50 52,548 52,670 Farmland 1,039 - 1,039 476 48,778 50,293 Other loans: Home equity 420 - 420 98 55,896 56,414 Consumer 128 - 128 156 18,598 18,882 Commercial 484 - 484 824 71,489 72,797 Agricultural 702 1,805 2,507 499 37,516 40,522 Total $ 4,600 $ 1,809 $ 6,409 $ 3,641 $ 770,488 $ 780,538 The following tables include information regarding impaired loans. June 30, 2020 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) Real estate loans: Residential 1-4 family $ 929 $ 981 $ 97 Residential 1-4 family construction 337 387 - Commercial real estate 2,573 2,793 - Commercial construction and development 94 94 - Farmland 1,255 1,266 - Other loans: Home equity 191 214 - Consumer 198 218 - Commercial 793 854 70 Agricultural 1,491 1,757 - Total $ 7,861 $ 8,564 $ 167 December 31, 2019 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) Real estate loans: Residential 1-4 family $ 618 $ 657 $ - Residential 1-4 family construction 337 387 - Commercial real estate 583 766 - Commercial construction and development 50 225 - Farmland 476 513 - Other loans: Home equity 98 115 - Consumer 156 169 - Commercial 824 887 74 Agricultural 499 756 - Total $ 3,641 $ 4,475 $ 74 Three Months Ended Six Months Ended June 30, June 30, 2020 2019 2020 2019 Average Recorded Investment Average Recorded Investment (In Thousands) (In Thousands) Real estate loans: Residential 1-4 family $ 833 $ 346 $ 773 $ 298 Residential 1-4 family construction 337 486 337 485 Commercial real estate 1,772 614 1,578 556 Commercial construction and development 94 - 72 7 Farmland 1,152 584 865 238 Other loans: Home equity 164 316 145 345 Consumer 189 130 177 130 Commercial 750 781 809 525 Agricultural 1,136 822 995 376 Total $ 6,427 $ 4,079 $ 5,751 $ 2,960 Interest income recognized on impaired loans for the three six June 30, 2020 2019 June 30, 2020 December 31, 2019 As of June 30, 2020 December 31, 2019 During the three June 30, 2020 two six June 30, 2020 No June 30, 2020 three six June 30, 2019. There were no loans modified as TDR’s that defaulted during the three six June 30, 2020 12 90 As of June 30, 2020 The Company has offered borrowers accommodations due to the impact from COVID- 19. June 30, 2020, 90 six June 30, 2020. |