Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4. LOANS RECEIVABLE Loans receivable consisted of the following: September 30, December 31, 2020 2019 (In Thousands) Real estate loans: Residential 1-4 family $ 152,835 $ 157,898 Commercial real estate 432,473 434,025 Other loans: Home equity 61,460 56,414 Consumer 20,694 18,882 Commercial 183,611 113,319 Total 851,073 780,538 Deferred loan fees, net (2,595 ) (1,303 ) Allowance for loan losses (11,300 ) (8,600 ) Total loans, net $ 837,178 $ 770,635 Within the loan categories above, $11,274,000 and $13,602,000 was guaranteed by the United States Department of Agriculture Rural Development at September 30, 2020 December 31, 2019 September 30, 2020 December 31, 2019 September 30, 2020 September 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, July, 1 2020 $ 1,369 $ 6,096 $ 491 $ 371 $ 2,173 $ 10,500 Charge-offs - - - (14 ) (67 ) (81 ) Recoveries - 2 - 2 23 27 Provision 92 623 13 9 117 854 Balance, September 30, 2020 $ 1,461 $ 6,721 $ 504 $ 368 $ 2,246 $ 11,300 Allowance for loan losses: Balance, January 1, 2020 $ 1,301 $ 4,826 $ 477 $ 284 $ 1,712 $ 8,600 Charge-offs - (18 ) - (25 ) (85 ) (128 ) Recoveries - 10 - 13 54 77 Provision 160 1,903 27 96 565 2,751 Balance, September 30, 2020 $ 1,461 $ 6,721 $ 504 $ 368 $ 2,246 $ 11,300 Balance, September 30, 2020 allocated to loans individually evaluated for impairment $ 296 $ - $ - $ - $ - $ 296 Balance, September 30, 2020 allocated to loans collectively evaluated for impairment $ 1,165 $ 6,721 $ 504 $ 368 $ 2,246 $ 11,004 Loans receivable: Balance, September 30, 2020 $ 152,835 $ 432,473 $ 61,460 $ 20,694 $ 183,611 $ 851,073 Balance, September 30, 2020 of loans individually evaluated for impairment $ 1,128 $ 3,998 $ 115 $ 163 $ 2,118 $ 7,522 Balance, September 30, 2020 of loans collectively evaluated for impairment $ 151,707 $ 428,475 $ 61,345 $ 20,531 $ 181,493 $ 843,551 Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Balance, July, 1 2019 $ 1,301 $ 4,276 $ 477 $ 224 $ 1,472 $ 7,750 Charge-offs - - - (44 ) (208 ) (252 ) Recoveries - 4 - 3 1 8 Provision - 380 - 44 270 694 Balance, September 30, 2019 $ 1,301 $ 4,660 $ 477 $ 227 $ 1,535 $ 8,200 Allowance for loan losses: Balance, January 1, 2019 $ 1,301 $ 3,593 $ 477 $ 190 $ 1,039 $ 6,600 Charge-offs - (20 ) (75 ) (57 ) (305 ) (457 ) Recoveries - 13 - 18 31 62 Provision - 1,074 75 76 770 1,995 Balance, September 30, 2019 $ 1,301 $ 4,660 $ 477 $ 227 $ 1,535 $ 8,200 Balance, September 30, 2019 allocated to loans individually evaluated for impairment $ - $ - $ - $ - $ - $ - Balance, September 30, 2019 allocated to loans collectively evaluated for impairment $ 1,301 $ 4,660 $ 477 $ 227 $ 1,535 $ 8,200 Loans receivable: Balance, September 30, 2019 $ 143,067 $ 416,157 $ 56,537 $ 19,012 $ 119,952 $ 754,725 Balance, September 30, 2019 of loans individually evaluated for impairment $ 795 $ 1,370 $ 99 $ 142 $ 1,305 $ 3,711 Balance, September 30, 2019 of loans collectively evaluated for impairment $ 142,272 $ 414,787 $ 56,438 $ 18,870 $ 118,647 $ 751,014 Internal classification of the loan portfolio was as follows: September 30, 2020 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 108,957 $ - $ 865 $ 199 $ - $ 110,021 Residential 1-4 family construction 42,477 - 337 - - 42,814 Commercial real estate 304,205 1,633 2,647 - - 308,485 Commercial construction and development 56,913 14 - - - 56,927 Farmland 65,399 136 1,473 53 - 67,061 Other loans: Home equity 61,345 - 115 - - 61,460 Consumer 20,531 - 163 - - 20,694 Commercial 121,769 829 705 - - 123,303 Agricultural 58,617 446 814 431 - 60,308 Total $ 840,213 $ 3,058 $ 7,119 $ 683 $ - $ 851,073 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. September 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 $ 115 $ - $ 115 $ 694 $ 109,212 $ 110,021 Residential 1-4 family construction 952 - 952 337 41,525 42,814 Commercial real estate 919 57 976 916 306,593 308,485 Commercial construction and development - - - - 56,927 56,927 Farmland 41 - 41 1,435 65,585 67,061 Other loans: Home equity 67 - 67 115 61,278 61,460 Consumer 43 - 43 163 20,488 20,694 Commercial 57 - 57 668 122,578 123,303 Agricultural 29 - 29 1,290 58,989 60,308 Total $ 2,223 $ 57 $ 2,280 $ 5,618 $ 843,175 $ 851,073 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. September 30, 2020 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) Real estate loans: Residential 1-4 family $ 791 $ 850 $ 296 Residential 1-4 family construction 337 387 - Commercial real estate 2,549 2,789 - Commercial construction and development 14 14 - Farmland 1,435 1,451 - Other loans: Home equity 115 138 - Consumer 163 191 - Commercial 668 796 - Agricultural 1,450 1,707 - Total $ 7,522 $ 8,323 $ 296 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 Nine Months Ended September 30, September 30, 2020 2019 2020 2019 Average Recorded Investment Average Recorded Investment (In Thousands) (In Thousands) Real estate loans: Residential 1-4 family $ 860 $ 401 $ 704 $ 355 Residential 1-4 family construction 337 337 337 486 Commercial real estate 2,561 787 1,565 663 Commercial construction and development 54 - 32 7 Farmland 1,345 476 956 238 Other loans: Home equity 153 149 107 295 Consumer 181 137 160 134 Commercial 731 768 746 551 Agricultural 1,470 615 975 272 Total $ 7,692 $ 3,670 $ 5,582 $ 3,001 Interest income recognized on impaired loans for the three nine September 30, 2020 2019 September 30, 2020 December 31, 2019 As of September 30, 2020 December 31, 2019 During the three September 30, 2020 no nine September 30, 2020 No September 30, 2020 no three nine September 30, 2019 There was one loan modified as a TDR that defaulted during the three nine September 30, 2020 12 third 90 As of September 30, 2020 The Company has offered borrowers accommodations due to the impact from COVID- 19, 90 not three September 30, 2020, 12 26 September 30, 2020 90 June 30, 2020. September 30, 2020, |