Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 4. LOANS RECEIVABLE Loans receivable consisted of the following: June 30, December 31, 2021 2020 (In Thousands) Real estate loans: Residential 1-4 family $ 141,621 $ 157,092 Commercial real estate 497,898 447,867 Other loans: Home equity 55,739 56,563 Consumer 18,859 20,168 Commercial 162,482 161,451 Total 876,599 843,141 Deferred loan fees, net (2,669 ) (2,038 ) Allowance for loan losses (11,900 ) (11,600 ) Total loans, net $ 862,030 $ 829,503 Within the commercial real estate loan category above, $10,670,000 and $11,084,000 was guaranteed by the United States Department of Agriculture Rural Development at June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 June 30, 2021 December 31, 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: Beginning Balance, April 1, 2021 $ 1,542 $ 7,131 $ 521 $ 369 $ 2,337 $ 11,900 Charge-offs - (25 ) - (8 ) - (33 ) Recoveries - 7 - 2 2 11 Provision 2 14 1 - 5 22 Ending balance, June 30, 2021 $ 1,544 $ 7,127 $ 522 $ 363 $ 2,344 $ 11,900 Allowance for loan losses: Beginning balance, January 1, 2021 $ 1,506 $ 6,951 $ 515 $ 364 $ 2,264 $ 11,600 Charge-offs - (35 ) - (10 ) (6 ) (51 ) Recoveries - 9 - 6 15 30 Provision 38 202 7 3 71 321 Ending balance, June 30, 2021 $ 1,544 $ 7,127 $ 522 $ 363 $ 2,344 $ 11,900 Ending balance, June 30, 2021 allocated to loans individually evaluated for impairment $ 199 $ - $ - $ - $ 7 $ 206 Ending balance, June 30, 2021 allocated to loans collectively evaluated for impairment $ 1,345 $ 7,127 $ 522 $ 363 $ 2,337 $ 11,694 Loans receivable: Ending balance, June 30, 2021 $ 141,621 $ 497,898 $ 55,739 $ 18,859 $ 162,482 $ 876,599 Ending balance, June 30, 2021 of loans individually evaluated for impairment $ 981 $ 4,387 $ 131 $ 79 $ 1,692 $ 7,270 Ending balance, June 30, 2021 of loans collectively evaluated for impairment $ 140,640 $ 493,511 $ 55,608 $ 18,780 $ 160,790 $ 869,329 Residential Commercial Home 1-4 Family Real Estate Equity Consumer Commercial Total (In Thousands) Allowance for loan losses: Beginning 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 Ending balance, June 30, 2020 $ 1,369 $ 6,096 $ 491 $ 371 $ 2,173 $ 10,500 Allowance for loan losses: Beginning 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 Ending balance, June 30, 2020 $ 1,369 $ 6,096 $ 491 $ 371 $ 2,173 $ 10,500 Ending balance, June 30, 2020 allocated to loans individually evaluated for impairment $ 97 $ - $ - $ - $ 70 $ 167 Ending balance, June 30, 2020 allocated to loans collectively evaluated for impairment $ 1,272 $ 6,096 $ 491 $ 371 $ 2,103 $ 10,333 Loans receivable: Ending balance, June 30, 2020 $ 150,818 $ 432,631 $ 58,755 $ 20,231 $ 181,005 $ 843,440 Ending balance, June 30, 2020 of loans individually evaluated for impairment $ 1,266 $ 3,922 $ 191 $ 198 $ 2,284 $ 7,861 Ending balance, June 30, 2020 of loans collectively evaluated for impairment $ 149,552 $ 428,709 $ 58,564 $ 20,033 $ 178,721 $ 835,579 Internal classification of the loan portfolio was as follows: June 30, 2021 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 100,616 $ 277 $ 326 $ 199 $ - $ 101,418 Residential 1-4 family construction 39,866 - 337 - - 40,203 Commercial real estate 362,049 3,892 2,386 - - 368,327 Commercial construction and development 63,501 - - - - 63,501 Farmland 63,216 234 2,573 47 - 66,070 Other loans: Home equity 55,266 268 205 - - 55,739 Consumer 18,761 - 98 - - 18,859 Commercial 106,354 963 533 - - 107,850 Agricultural 52,566 310 1,690 66 - 54,632 Total $ 862,195 $ 5,944 $ 8,148 $ 312 $ - $ 876,599 December 31, 2020 Special Pass Mention Substandard Doubtful Loss Total (In Thousands) Real estate loans: Residential 1-4 family $ 109,746 $ - $ 857 199 $ - $ 110,802 Residential 1-4 family construction 45,953 - 337 - - 46,290 Commercial real estate 311,756 2,568 2,344 - - 316,668 Commercial construction and development 65,231 14 36 - - 65,281 Farmland 63,565 136 2,164 53 - 65,918 Other loans: Home equity 56,177 274 112 - - 56,563 Consumer 20,017 - 151 - - 20,168 Commercial 107,810 829 570 - - 109,209 Agricultural 50,371 355 1,395 121 - 52,242 Total $ 830,626 $ 4,176 $ 7,966 $ 373 $ - $ 843,141 The following tables include information regarding delinquencies within the loan portfolio. June 30, 2021 Loans Past Due and Still Accruing 90 Days 30-89 Days and Nonaccrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Real estate loans: Residential 1-4 family $ 337 $ - $ 337 $ 644 $ 100,437 $ 101,418 Residential 1-4 family construction 309 - 309 337 39,557 40,203 Commercial real estate 806 - 806 702 366,819 368,327 Commercial construction and development - - - - 63,501 63,501 Farmland 40 620 660 1,977 63,433 66,070 Other loans: Home equity - 736 736 131 54,872 55,739 Consumer 69 - 69 79 18,711 18,859 Commercial 268 5 273 538 107,039 107,850 Agricultural 396 148 544 1,075 53,013 54,632 Total $ 2,225 $ 1,509 $ 3,734 $ 5,483 $ 867,382 $ 876,599 December 31, 2020 Loans Past Due and Still Accruing 90 Days 30-89 Days and Nonaccrual Current Total Past Due Greater Total Loans Loans Loans (In Thousands) Real estate loans: Residential 1-4 family $ 693 $ 34 $ 727 $ 684 $ 109,391 $ 110,802 Residential 1-4 family construction 853 170 1,023 337 44,930 46,290 Commercial real estate 274 - 274 631 315,763 316,668 Commercial construction and development - - - 36 65,245 65,281 Farmland 179 - 179 2,245 63,494 65,918 Other loans: Home equity 53 - 53 111 56,399 56,563 Consumer 72 - 72 151 19,945 20,168 Commercial 553 6 559 537 108,113 109,209 Agricultural 71 182 253 1,542 50,447 52,242 Total $ 2,748 $ 392 $ 3,140 $ 6,274 $ 833,727 $ 843,141 The following tables include information regarding impaired loans. June 30, 2021 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) Real estate loans: Residential 1-4 family $ 644 $ 721 $ 199 Residential 1-4 family construction 337 387 - Commercial real estate 2,410 2,493 - Commercial construction and development - - - Farmland 1,977 2,028 - Other loans: Home equity 131 160 - Consumer 79 87 - Commercial 538 661 - Agricultural 1,154 1,737 7 Total $ 7,270 $ 8,274 $ 206 December 31, 2020 Unpaid Recorded Principal Related Investment Balance Allowance (In Thousands) Real estate loans: Residential 1-4 family $ 1,204 $ 1,267 $ 296 Residential 1-4 family construction 337 387 - Commercial real estate 2,264 2,328 - Commercial construction and development 50 50 - Farmland 2,245 2,262 - Other loans: Home equity 111 136 - Consumer 151 171 - Commercial 537 664 - Agricultural 1,702 2,268 54 Total $ 8,601 $ 9,533 $ 350 Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Average Recorded Investment Average Recorded Investment (In Thousands) (In Thousands) Real estate loans: Residential 1-4 family $ 920 $ 833 $ 924 $ 773 Residential 1-4 family construction 337 337 337 337 Commercial real estate 2,413 1,772 2,337 1,578 Commercial construction and development - 94 25 72 Farmland 1,922 1,152 2,111 865 Other loans: Home equity 120 164 121 145 Consumer 112 189 115 177 Commercial 542 750 538 809 Agricultural 1,279 1,136 1,428 995 Total $ 7,645 $ 6,427 $ 7,936 $ 5,751 Interest income recognized on impaired loans for the three six June 30, 2021 2020 is considered insignificant. Interest payments received on a cash basis related to impaired loans were and for June 30, 2021 and December 31, 2020 , respectively. As of June 30, 2021 December 31, 2020 During the three June 30, 2021 , there were no new TDR loans. During the six June 30, 2021 there was one . No charge-offs were incurred and the loan is on accrual status. The recorded investment was $111,000 June 30, 2021 . During the three June 30, 2020 , there were two six June 30, 2020 , there were three new TDR loans. The recorded investments at the time of restructure were $94,000 for a commercial construction and development loan, $1,634,000 for a commercial real estate loan, and $160,000 for an agricultural loan. The commercial construction and development loan was paid off during the six June 30, 2021. June 30, 2021 were $1,597,000 and $79,000, respectively. There were no loans modified as TDR's that defaulted during the three six June 30, 2021 where the default occurred within 12 90 As of June 30, 2021 , the Company had no commitments to lend additional funds to loan customers whose terms had been modified in troubled debt restructures. The Company has offered borrowers accommodations due to the impact from COVID- 19, 90 not 12 June 30, 2021 d $17,517,000 December 31, 2020 |