Prime Meridian Holding (PMHG) 10-K 24 Mar 20 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 18, 2020	Jun. 30, 2019
Document Information [Line Items]
Entity Registrant Name	Prime Meridian Holding Co
Entity Central Index Key	0001586454
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	Yes
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		3,126,304
Entity Public Float			$ 50,378,212
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 9,024,000	$ 7,866,000
Federal funds sold	24,613,000	34,777,000
Interest-bearing deposits	41,445,000	5,395,000
Total cash and cash equivalents	75,082,000	48,038,000
Debt securities available for sale	61,333,000	45,384,000
Loans held for sale	6,193,000	4,767,000
Loans, net of allowance for loan losses of $4,414 and $3,661	337,710,000	290,113,000
Federal Home Loan Bank stock	404,000	355,000
Premises and equipment, net	7,744,000	4,656,000
Right of use lease asset	3,669,000
Deferred tax asset	362,000	502,000
Accrued interest receivable	1,137,000	1,034,000
Bank-owned life insurance	6,501,000	6,323,000
Other assets	726,000	530,000
Total assets	500,861,000	401,702,000
Liabilities:
Noninterest-bearing demand deposits	96,807,000	80,097,000
Savings, NOW and money-market deposits	272,283,000	227,674,000
Time deposits	69,174,000	41,296,000
Total deposits	438,264,000	349,067,000
Other borrowings	1,254,000
Official checks	606,000	837,000
Operating lease liability	3,758,000
Other liabilities	1,111,000	978,000
Total liabilities	444,993,000	350,882,000
Commitments and contingencies (notes 4, 8, and 15)
Stockholders' equity:
Preferred stock, undesignated; 1,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value; 9,000,000 shares authorized, 3,191,288 and 3,138,945 issued and outstanding	32,000	31,000
Additional paid-in capital	39,456,000	38,330,000
Retained earnings	16,180,000	13,015,000
Accumulated other comprehensive income (loss)	200,000	(556,000)
Total stockholders' equity	55,868,000	50,820,000
Total liabilities and stockholders' equity	$ 500,861,000	$ 401,702,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Loans receivable, allowance for loan losses	$ 4,414	$ 3,661
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	9,000,000	9,000,000
Common stock, shares issued (in shares)	3,191,288	3,138,945
Common stock, shares outstanding (in shares)	3,191,288	3,138,945

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest income:
Loans	$ 16,188	$ 14,469
Securities	1,309	1,131
Other	1,489	634
Total interest income	18,986	16,234
Interest expense:
Deposits	3,560	2,307
Other borrowings	9
Total interest expense	3,569	2,307
Net interest income	15,417	13,927
Provision for loan losses	1,131	591
Net interest income after provision for loan losses	14,286	13,336
Noninterest income:
Mortgage banking revenue, net	(667)	(447)
Income from bank-owned life insurance	178	66
Gain on sale of debt securities available for sale	7
Other income	142	118
Total noninterest income	1,534	1,155
Noninterest expense:
Salaries and employee benefits	6,095	5,106
Occupancy and equipment	1,405	932
Professional fees	374	374
Advertising	743	677
FDIC assessment	119	163
Software maintenance, amortization and other	692	634
Other	1,758	1,343
Total noninterest expense	11,186	9,229
Earnings before income taxes	4,634	5,262
Income taxes	1,092	1,220
Net earnings	$ 3,542	$ 4,042
Earnings per common share:
Basic (in dollars per share)	$ 1.12	$ 1.29
Diluted (in dollars per share)	$ 1.12	$ 1.29
Deposit Account [Member]
Noninterest income:
Noninterest income	$ 288	$ 333
Debit Card [Member]
Noninterest income:
Noninterest income	$ 252	$ 191

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net earnings	$ 3,542	$ 4,042
Change in unrealized loss on debt securities available for sale:
Unrealized gain (loss) arising during the year	1,020	(348)
Reclassification adjustment for realized gain	(7)
Net change in unrealized gain (loss)	1,013	(348)
Deferred income tax expense (benefit) on above change	(257)	88
Total other comprehensive income (loss)	756	(260)
Comprehensive income	$ 4,298	$ 3,782

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2017	3,118,977
Balance at Dec. 31, 2017	$ 31	$ 37,953	$ 9,285	$ (296)	$ 46,973
Net earnings			4,042		4,042
Dividends paid			(312)		(312)
Net change in unrealized loss on debt securities available for sale, net of income taxes				(260)	(260)
Stock options exercised (in shares)	17,150
Stock options exercised		172			172
Common stock issued as compensation to directors (in shares)	2,818
Common stock issued as compensation to directors		60			60
Stock-based compensation		145			$ 145
Balance (in shares) at Dec. 31, 2018	3,138,945				3,138,945
Balance at Dec. 31, 2018	$ 31	38,330	13,015	(556)	$ 50,820
Net earnings			3,542		3,542
Dividends paid			(377)		(377)
Net change in unrealized loss on debt securities available for sale, net of income taxes				756	756
Stock options exercised		5			5
Common stock issued as compensation to directors		72			72
Stock-based compensation		177			177
Proceeds from sale of common stock, net of offering costs of $19 (in shares)	44,600
Proceeds from sale of common stock, net of offering costs of $19	$ 1	872			873
Issuance of restricted stock (in shares)	3,600
Issuance of restricted stock
Balance (in shares) at Dec. 31, 2019	3,191,288				3,191,288
Balance at Dec. 31, 2019	$ 32	$ 39,456	$ 16,180	$ 200	$ 55,868

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income tax benefit portion of change in unrealized loss on available for sale	$ 257	$ 88
Offering costs	$ 19

Consolidated Statements of Cash

Consolidated Statements of Cash Flow - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net earnings	$ 3,542,000	$ 4,042,000
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	647,000	520,000
Provision for loan losses	1,131,000	591,000
Net amortization of deferred loan fees	(39,000)	(36,000)
Deferred income taxes	(117,000)	(75,000)
Gain on sale of debt securities available for sale	(7,000)
Amortization of premiums and discounts on debt securities available for sale	301,000	390,000
Gain on sale of loans held for sale	(667,000)	(447,000)
Proceeds from the sale of loans held for sale	95,275,000	77,713,000
Loans originated as held for sale	(96,034,000)	(76,153,000)
Stock issued as compensation	72,000	60,000
Stock-based compensation expense	177,000	145,000
Income from bank-owned life insurance	(178,000)	(66,000)
Net increase in accrued interest receivable	(103,000)	(56,000)
Net change in operating leases	89,000
Net (increase) decrease in other assets	(196,000)	43,000
Net decrease in other liabilities and official checks	(98,000)	(95,000)
Net cash provided by operating activities	3,795,000	6,576,000
Cash flows from investing activities:
Loan originations, net of principal repayments	(48,689,000)	(40,409,000)
Purchase of debt securities available for sale	(33,638,000)	(2,474,000)
Principal repayments of debt securities available for sale	10,235,000	5,612,000
Proceeds from the sale of debt securities available for sale	4,245,000
Maturities and calls of debt securities available for sale	3,928,000	549,000
Purchase of Federal Home Loan Bank stock	(49,000)	(39,000)
Purchase of bank-owned life insurance		(4,500,000)
Purchase of premises and equipment	(3,735,000)	(304,000)
Net cash used in investing activities	(67,703,000)	(41,565,000)
Cash flows from financing activities:
Net increase in deposits	89,197,000	50,770,000
Net change in other borrowings	1,254,000
Proceeds from stock options exercised	5,000	172,000
Proceeds from sale of common stock, net of offering costs	873,000
Common stock dividends paid	(377,000)	(312,000)
Net cash provided by financing activities	90,952,000	50,630,000
Net increase in cash and cash equivalents	27,044,000	15,641,000
Cash and cash equivalents at beginning of year	48,038,000	32,397,000
Cash and cash equivalents at end of year	75,082,000	48,038,000
Supplemental disclosure of cash flow information
Interest	3,544,000	2,276,000
Income taxes	1,345,000	1,217,000
Noncash transactions:
Accumulated other comprehensive income (loss), net change in unrealized gain (loss) on debt securities available for sale, net of taxes	756,000	(260,000)
Right of use lease assets obtained in exchange for operating lease liabilities	$ 3,818,000

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 Summary of Significant Accounting Policies Organization. 100% four The following is a description of the significant accounting policies and practices followed by the Company, which conform to accounting principles generally accepted in the United States of America ("GAAP") and prevailing practices within the banking industry. Use of Estimates. Principles of Consolidation. Cash and Cash Equivalents. ninety At December 31, 2019 2018 $4,606,000 $3,901,00 0 Debt Securities. may not Management evaluates debt securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3 Loans Held for Sale. December 31, 2019 2018 December 31, 2019 $6,193,000 $4,767,000 December 31, 2018 December 31, 2019 2018 Loans. Commitment and loan origination fees are deferred and certain direct origination costs are capitalized. Both are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes is discontinued at the time the loan is ninety not Allowance for Loan Losses. no December 31, 2019 2018 The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are considered impaired. For such loans, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on the following factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding thirty-six 1 2 3 4 5 6 7 8 9 Allowance for Loan Losses, Continued. not Premises and Equipment. Bank-Owned Life Insurance (BOLI). . Transfer of Financial Assets. 1 2 3 not 1 2 no 3 not Off-Balance Sheet Financial Instruments. Income Taxes. two Deferred tax assets are recognized if it is more likely than not, not” 50 Income Taxes, Continued . not 50 not not December 31, 2019 not not not The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns. Income taxes are allocated to the Holding Company and Bank as if separate income tax returns were filed. Fair Value Measurements. three may Level 1: Level 2: not may third Level 3: The following describes valuation methodologies used for assets measured at fair value: Debt Securities Available for Sale. 1 1 not 2 3 Impaired Loans. 3. Fair Values of Financial Instruments. Cash and Cash Equivalents. 1 Debt Securities. 2 Loans Held for Sale. 3 Loans. one four 3 Federal Home Loan Bank Stock. 3 Accrued Interest Receivable. 3 Deposits. 3 Off-Balance Sheet Instruments. 3 Advertising. Stock - Based Compensation. Comprehensive Income. Debit card/ATM Revenue. Mortgage Banking Revenue. Reclassification. no Recent Accounting Standards Update . In February 2016, No. 2016 2, Leases (Topic 842 twelve December 15, 2018. $288,000 January 1, 2019. In June 2016, 2016 13, Financial Instruments - Credit Losses (Topic 326 December 15, 2022 ( In March 2017, No. 2017 08, Premium Amortization on Purchased Callable Debt Securities No December 15, 2018. no In June 2018, No. 2018 07, Stock Compensation (Topic 718 Improvmetns to Nonempmployee Share-Based Payment Accounting 718 505 50, Equity - Equity-Based payments to Non-Employees. December 15, 2019, In August 2018, 2018 13, Fair Value Measurement (Topic 820 2018 13" 2018 13 2018 13 December 15, 2019. not

Note 2 - Securities Available f

Note 2 - Securities Available for Sale	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 2 Debt Securities Available for Sale Debt securities have been classified according to management's intention. The carrying amount of securities and their fair values are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At December 31, 2019 U.S. Government agency securities $ 408 $ - $ (1 ) $ 407 Municipal securities 9,332 81 (72 ) 9,341 Mortgage-backed securities 45,499 401 (97 ) 45,803 Asset-backed securities 5,825 14 (57 ) 5,782 Total $ 61,064 $ 496 $ (227 ) $ 61,333 At December 31, 2018 U.S. Government agency securities $ 815 $ - $ (16 ) $ 799 Municipal securities 11,580 62 (113 ) 11,529 Mortgage-backed securities 33,733 33 (710 ) 33,056 Total $ 46,128 $ 95 $ (839 ) $ 45,384 Debt securities available for sale measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At December 31, 2019 U.S. Government agency securities $ 407 $ - $ 407 $ - Municipal securities 9,341 - 9,341 - Mortgage-backed securities 45,803 - 45,803 - Asset-backed securities 5,782 - 5,782 - Total $ 61,333 $ - $ 61,333 $ - At December 31, 2018 U.S. Government agency securities $ 799 $ - $ 799 $ - Municipal securities 11,529 - 11,529 - Mortgage-backed securities 33,056 - 33,056 - Total $ 45,384 $ - $ 45,384 $ - During the years ended December 31, 2019 2018 no 1, 2 3. The scheduled maturities of debt securities are as follows: Amortized Fair Cost Value (in thousands) At December 31, 2019 Due in less than one year $ 367 $ 368 Due in one to five years 1,372 1,379 Due in five to ten years 2,578 2,570 Due after ten years 11,248 11,213 Mortgage-backed securities 45,499 45,803 Total $ 61,064 $ 61,333 The following summarizes sales of debt securities available for sale: Year Ended December 31, (in thousands) 2019 2018 Proceeds from sale of securities $ 4,245 $ - Gross gains 28 - Gross losses (21 ) - Net gain on sale of securities $ 7 $ - At December 31, 2019 2018 $10,983,000 $8,311,000 Debt securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: Less Than Twelve Months More Than Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At December 31, 2019 Debt Securities Available for Sale U.S. Government agency securities $ (1 ) $ 407 $ - $ - Municipal securities (72 ) 3,814 - - Mortgage-backed securities (56 ) 4,629 (41 ) 4,115 Asset-backed securities (57 ) 3,901 - - Total $ (186 ) $ 12,751 $ (41 ) $ 4,115 At December 31, 2018 Debt Securities Available for Sale U.S. Government agency securities $ (2 ) $ 242 $ (14 ) $ 557 Municipal securities - - (113 ) 5,760 Mortgage-backed securities (19 ) 983 (691 ) 30,061 Total $ (21 ) $ 1,225 $ (818 ) $ 36,378 The unrealized losses on thirteen thirty-nine December 31, 2019 2018 not not not

Note 3 - Loans

Note 3 - Loans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 3 The segments and classes of loans are as follows: At December 31, (in thousands) 2019 2018 Real estate mortgage loans: Commercial $ 94,728 $ 82,494 Residential and home equity 135,913 121,454 Construction 33,583 31,601 Total real estate mortgage loans 264,224 235,549 Commercial loans 69,770 51,018 Consumer and other loans 7,631 6,747 Total loans 341,625 293,314 Add (Less): Net deferred loan costs 499 460 Allowance for loan losses (4,414 ) (3,661 ) Loans, net $ 337,710 $ 290,113 The Company has divided the loan portfolio into three five Real Estate Mortgage Loans. three Commercial. three five may five may five Residential and Home Equity. first second one four may 1 3 5 7 10 15 30 Construction. one two one ten not third may Commercial Loans. not third five may not one 504 7A 504 7A may may Consumer and Other Loans. may not not An analysis of the change in the allowance for loan losses follows: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total Year Ended December 31, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ 3,661 Provision for loan losses 129 176 24 735 67 1,131 Net (charge-offs) recoveries - - - (327 ) (51 ) (378 ) Ending balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ 4,414 At December 31, 2019 Individually evaluated for impairment: Recorded investment $ 611 $ 965 $ - $ 1,631 $ 13 $ 3,220 Balance in allowance for loan losses $ - $ 15 $ - $ 386 $ 13 $ 414 Collectively evaluated for impairment: Recorded investment $ 94,117 $ 134,948 $ 33,583 $ 68,139 $ 7,618 $ 338,405 Balance in allowance for loan losses $ 1,046 $ 1,558 $ 415 $ 898 $ 83 $ 4,000 Year Ended December 31, 2018 Beginning balance $ 894 $ 1,097 $ 331 $ 724 $ 90 $ 3,136 Provision for loan losses 23 300 63 204 1 591 Net (charge-offs) recoveries - - (3 ) (52 ) (11 ) (66 ) Ending balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ 3,661 At December 31, 2018 Individually evaluated for impairment: Recorded investment $ 611 $ 409 $ - $ 205 $ 6 $ 1,231 Balance in allowance for loan losses $ - $ - $ - $ 205 $ 6 $ 211 Collectively evaluated for impairment: Recorded investment $ 81,883 $ 121,045 $ 31,601 $ 50,813 $ 6,741 $ 292,083 Balance in allowance for loan losses $ 917 $ 1,397 $ 391 $ 671 $ 74 $ 3,450 The following summarizes the loan credit quality: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At December 31, 2019 Grade: Pass $ 92,586 $ 133,351 $ 32,374 $ 66,649 $ 7,576 $ 332,536 Special mention 1,531 1,597 1,209 1,197 55 5,589 Substandard 611 965 - 1,924 - 3,500 Doubtful - - - - - - Loss - - - - - - Total $ 94,728 $ 135,913 $ 33,583 $ 69,770 $ 7,631 $ 341,625 At December 31, 2018 Grade: Pass $ 77,650 $ 118,368 $ 31,601 $ 47,858 $ 6,657 $ 282,134 Special mention 4,233 2,875 - 2,184 84 9,376 Substandard 611 211 - 976 6 1,804 Doubtful - - - - - - Loss - - - - - - Total $ 82,494 $ 121,454 $ 31,601 $ 51,018 $ 6,747 $ 293,314 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. Loans classified as substandard or special mention are reviewed quarterly by the Company for further deterioration or improvement to determine if they are appropriately classified and whether there is any impairment. All loans are graded upon initial issuance. Further, construction and nonowner-occupied commercial real estate loans and commercial relationships in excess of $500,000 Loans excluded from the review process above are generally classified as pass credits until: (a) they become past due; (b) management becomes aware of deterioration in the credit worthiness of the borrower; or (c) the client contacts the Company for a modification. In these circumstances, the loan is specifically evaluated for potential classification as to special mention, substandard or even charged-off. The Company uses the following definitions for risk ratings: Pass Special Mention may not not Substandard not Doubtful one Loss not not no At December 31, 2019 ten thirty no ninety 12 December 31, 2019 2018 Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At December 31, 2019: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 94,728 $ - $ 94,728 Residential and home equity 569 - - 569 134,379 965 135,913 Construction 82 - - 82 33,501 - 33,583 Commercial loans 87 - - 87 68,057 1,626 69,770 Consumer and other loans - 5 - 5 7,626 - 7,631 Total $ 738 $ 5 $ - $ 743 $ 338,291 $ 2,591 $ 341,625 At December 31, 2018: Real estate mortgage loans: Commercial Residential and home equity $ - $ - $ - $ - $ 82,494 $ - $ 82,494 Construction 134 30 - 164 121,129 161 121,454 Commercial loans - - - - 31,601 - 31,601 Consumer and other loans 98 - - 98 50,745 175 51,018 Total - - - - 6,741 6 6,747 $ 232 $ 30 $ - $ 262 $ 292,710 $ 342 $ 293,314 The following summarizes the amount of impaired loans: With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At December 31, 2019: Commercial real estate $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 716 716 249 249 15 965 965 15 Commercial loans 508 508 1,123 1,123 386 1,631 1,631 386 Consumer and other loans - - 13 13 13 13 13 13 Total $ 1,835 $ 1,835 $ 1,385 $ 1,385 $ 414 $ 3,220 $ 3,220 $ 414 At December 31, 2018: Commercial real estate $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 409 409 - - - 409 409 - Commercial loans - - 205 205 205 205 205 205 Consumer and other loans - - 6 6 6 6 6 6 Total $ 1,020 $ 1,020 $ 211 $ 211 $ 211 $ 1,231 $ 1,231 $ 211 The average net investment in impaired loans and interest income recognized and received on impaired loans by loan class is as follows: Average Interest Interest Recorded Income Income (in thousands) Investment Recognized Received Year Ended December 31, 2019 Commercial real estate $ 611 $ 32 $ 32 Residential and home equity 753 5 7 Commercial 806 9 12 Consumer and other loans 3 - - Total $ 2,173 $ 46 $ 51 (in thousands) Year Ended December 31, 2018 Commercial real estate $ 471 $ 16 $ 16 Residential and home equity 234 7 6 Commercial 172 2 7 Consumer and other loans 2 - - Total $ 879 $ 25 $ 29 There were no December 31, 2019 2018 The restructuring of a loan constitutes a troubled debt restructuring (“TDR”) if the creditor grants a concession to the debtor that it would not may not As shown in the table below, the Company entered into three December 31, 2019 one December 31, 2018 Year Ended December 31, 2019 Year Ended December 31, 2018 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (in thousands) Troubled Debt Restructurings: Modified principal Residential and home equity: - - - - 1 $ 619 $ 611 $ 611 Modified interest rate Residential and home equity: 1 $ 65 $ 65 $ 65 - - - - Commercial 2 260 260 260 - - - - Total 3 $ 325 $ 325 $ 325 1 $ 619 $ 611 $ 611 All three December 31, 2019 one December 31, 2018 not December 31, 2019 $942,000 The Company grants the majority of its loans to borrowers throughout Leon County and Polk County, Florida. Although the Company has a diversified loan portfolio, a significant portion of its borrowers’ ability to honor their contracts is dependent upon the economy of this area. The Company does not one

Note 4 - Premises and Equipment

Note 4 - Premises and Equipment	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 4 Premises and Equipment A summary of premises and equipment follows: At December 31, 2019 2018 (in thousands) Land $ 1,704 $ 690 Buildings 4,960 3,736 Leasehold improvements 421 421 Furniture, fixtures and equipment 1,505 1,168 Computer and software 2,669 2,372 Construction in progress 833 40 Total, at cost 12,092 8,427 Less accumulated depreciation and amortization (4,348 ) (3,771 ) Premises and equipment, net $ 7,744 $ 4,656 The Company adopted ASU 2016 02, January 1, 2019 2019 not The Company's operating lease obligations are for the Company's office facilities located at its Timberlane Road, Tallahassee, Florida location. The term of the Lease is 15 four five third December 31, 2019, not $1,300,000. The components of lease expense and other lease information as of and during the year ended December 31, 2019 Year Ended December 31, 2019 (in thousands) Operating lease cost $ 239 Cash paid for amount included in the measurement of lease liabilities operating cash flows from operating leases $ 151 (in thousands) At December 31, 2019 Operating lease right of use assets $ 3,669 Operating lease liabilities $ 3,758 Weighted average remaining lease term - operating lease (in years) 14.6 Weighted average discount rate 3.17 % Future minimum lease payments under non-cancellable leases as of December 31, 2019, At December 31 (in thousands) 2019 2020 $ 294 2021 294 2022 294 2023 294 2024 294 Next five years and thereafter 3,273 Total future minimum lease payments 4,743 Less interest (985 ) Total $ 3,758 The rent expense for the year ended December 31, 2019 $312,000. On February 15, 2019, 3340 $2.1

Note 5 - Deposits

Note 5 - Deposits	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	( 5 Deposits The aggregate amount of time deposits with a minimum denomination greater than $250,000 $33.4 $20.7 December 31, 2019 2018 A schedule of maturities for all time deposits at December 31, 2019 (in thousands) Year Ending December 31, Amount 2020 $ 47,464 2021 18,280 2022 559 2023 2,168 2024 300 2039 403 Total $ 69,174

Note 6 - Other Borrowings

Note 6 - Other Borrowings	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Other Borrowings [Text Block]	( 6 Other Borrowings The Company has pledged collateral to the Federal Home Loan Bank of Atlanta (“FHLB”) for future advances which will be collateralized by a blanket lien on qualifying residential real estate, commercial real estate, home equity lines of credit and multi-family loans. The Company may $64.9 December 31, 2019 no December 31, 2019 2018 $18.8 December 31, 2019 $1,254,000 $2.2

Note 7 - Income Taxes

Note 7 - Income Taxes	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 7 Income Taxes The components of the income taxes are as follows: Year Ended December 31, (in thousands) 2019 2018 Current: Federal $ 987 $ 1,003 State 222 292 Total current 1,209 1,295 Deferred: Federal (94 ) (65 ) State (23 ) (10 ) Total deferred (117 ) (75 ) Total income taxes $ 1,092 $ 1,220 The reasons for the difference between the statutory Federal income tax rate and the effective tax rates are summarized as follows: Year Ended December 31, 2019 2018 % of % of Pretax Pretax Amount Earnings Amount Earnings (dollars in thousands) Income taxes at statutory rate $ 973 21.0 % $ 1,105 21.0 % Increase (decrease) resulting from: State taxes, net of federal tax benefit 157 3.4 223 4.2 Tax-exempt income (69 ) (1.5 ) (62 ) (1.2 ) Stock-based compensation - - (29 ) (0.6 ) Other nondeductible expenses 31 0.7 (17 ) (0.2 ) Total $ 1,092 23.6 % $ 1,220 23.2 % Tax effects of temporary differences that give rise to the deferred tax assets and liabilities are as follows: At December 31, 2019 2018 (in thousands) Deferred tax assets: Allowance for loan losses $ 972 $ 894 Organizational and start-up costs 30 40 Stock-based compensation 52 27 Unrealized losses on debt securities available for sale - 188 Other 32 12 Deferred tax assets 1,086 1,161 Deferred tax liabilities: Prepaid Expenses (44 ) (59 ) Deferred loan costs (426 ) (380 ) Premises and equipment (185 ) (220 ) Unrealized gain on debt securities available for sale (69 ) - Deferred tax liabilities (724 ) (659 ) Net deferred tax asset $ 362 $ 502 The Company files consolidated income tax returns in the U.S. federal jurisdiction and the State of Florida. The Company is no 2016.

Note 8 - Off-balance Sheet Fina

Note 8 - Off-balance Sheet Financial Instruments	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Off-balance Sheet Financial Instruments [Text Block]	( 8 Off-Balance Sheet Financial Instruments The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its clients. These financial instruments are commitments to extend credit, construction loans in process, unused lines of credit, standby letters of credit, and guaranteed accounts and may The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for available lines of credit, construction loans in process and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. Commitments to extend credit, construction loans in process and unused lines of credit are agreements to lend to a client as long as there is no may not third third one not third $680,000 December 31, 2019. Guaranteed accounts are irrevocable standby letters of credit issued by us to guarantee a client’s credit line with our third 10%. Standby letters of credit and commitments to extend credit typically result in loans with a market interest rate when funded. A summary of the contractual amounts of the Company’s financial instruments with off-balance sheet risk at December 31, 2019 At December 31, 2019 (in thousands) Commitments to extend credit $ 7,905 Construction loans in process 17,964 Unused lines of credit 46,042 Standby financial letters of credit 2,157 Standby performance letters of credit 328 Guaranteed accounts 1,378 Total off-balance sheet instruments $ 75,774

Note 9 - Stock Compensation Pla

Note 9 - Stock Compensation Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	( 9 Stock Compensation Plan s 2015 The 2015 “2015 May 20, 2015, 2015 may 500,000, no 15% December 31, 2019 272,267 2015 202,826 A summary of the activity in the Company’s 2015 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2017 11,540 $ 17.03 Options granted 252,917 19.91 Options forfeited (1,000 ) 20.09 Outstanding at December 31, 2018 263,457 $ 19.78 Options granted 22,000 20.21 Forfeited (13,190 ) 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 7.8 years $ 77,000 Exercisable at December 31, 2019 71,827 $ 18.97 6.2 years $ 77,000 The fair value of shares vested and recognized as compensation expense was $158,000 December 31, 2019 $145,000 December 31, 2018 an income tax benefit of $19,000 $20,000 2019 2018, December 31, 2019 $539,000 2015 3.4 The fair value of each option granted was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions: Year ended December 31, 2019 2018 Weighted average risk-free interest rate 1.88% 1.47-2.63% Expected dividend yield 0.59% 0.41-0.50% Expected stock volatility 9.90% 10.07-11.90% Expected life in years 6.5 1.0-6.5 Per share fair value of options issued during year $2.74 $1.08-$3.35 The Company used the guidance in Staff Accounting Bulletin No. 107 2007 As of May 20, 2015, no 2007 “2007 2007 2007 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2017 22,200 $ 10.31 Options exercised (17,150 ) 10.02 Options forfeited (350 ) 10.00 Outstanding at December 31, 2018 4,700 $ 11.37 Options exercised (500 ) 10.00 Options forfeited (2,000 ) 10.72 Outstanding at December 31, 2019 2,200 $ 12.27 0.32 years $ 17,000 Exercisable at December 31, 2019 2,200 $ 12.27 0.32 years $ 17,000 At December 31, 2019 no 2007 Directors' Plan The Directors’ Plan permits the Company’s and the Bank’s directors to elect to receive any compensation to be paid to them in shares of the Company’s common stock. Pursuant to the Directors’ Plan, each director is permitted to make an election to receive shares of stock instead of cash. To encourage directors to elect to receive stock, the Directors’ Plan provides that if a director elects to receive stock, he or she will receive in common stock 110% no 2019, 51,640 1.62% 2019 2018, 3,643 2,818 $72,000 $60,000 December 31, 2019 2018 Restricted Stock The Company issued 3,600 first 2019 2018. third 1,200 February 21, 2020. Wtd-Avg Number of Grant Date Grant Date Shares Fair Value per Share Fair Value Non-vested restricted stock issued in 2019 3,600 $ 18.52 $ 67,000 Non-vested restricted stock outstanding at December 31, 2019 3,600 $ 18.52 67,000 During the year ended December 31, 2019, $19,000 $48,000 2.2

Note 10 - Employee Benefit Plan

Note 10 - Employee Benefit Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	( 10 Employee Benefit Plans The Company sponsors a 401 December 31, 2019 2018 $175,000 $160,000, In November 2018, four sixty $155,000 $18,000 December 31, 2019 2018, $173,000 $18,000 December 31, 2019 2018,

Note 11 - Related Party Transac

Note 11 - Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	( 11 Related Party Transactions The Company enters into transactions during the ordinary course of business with officers and directors of the Company and entities in which they hold a significant financial interest. The following table summarizes these transactions: Year Ended December 31, (in thousands) 2019 2018 Loans: Beginning balance $ 7,288 $ 5,870 Originated during the year 1,986 2,048 Remove retired Director - (400 ) Principal repayments (1,548 ) (230 ) Ending balance $ 7,726 $ 7,288 Deposits at year-end $ 7,079 $ 9,989 In addition, the Company purchases various insurance policies through a company that employs the spouse of one $1.1 $739,000 2019 2018

Note 12 - Fair Value of Financi

Note 12 - Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 12 Fair Value of Financial Instruments The approximate carrying amounts and estimated fair values of the Company’s financial instruments are as follows: At December 31, 2019 At December 31, 2018 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 75,082 $ 75,082 $ 48,038 $ 48,038 Debt securities available for sale 2 61,333 61,333 45,384 45,384 Loans held for sale 3 6,193 6,296 4,767 4,842 Loans, net 3 337,710 342,435 290,113 283,068 Federal Home Loan Bank stock 3 404 404 355 355 Accrued interest receivable 3 1,137 1,137 1,034 1,034 Financial liabilities- Deposits 3 438,264 439,208 349,067 349,416 Off-Balance Sheet financial instruments 3 - - - -

Note 13 - Dividend Restrictions

Note 13 - Dividend Restrictions	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Dividend Payment Restrictions [Text Block]	( 13 Dividend Restrictions The Holding Company is limited in the amount of cash dividends it may may may two In January 2020, $0.12 March 3, 2020 February 13, 2020

Note 14 - Regulatory Matters

Note 14 - Regulatory Matters	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 14 Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The Bank is subject to the Basel III capital level threshold requirements under the Prompt Corrective Action regulations which phased in full compliance over a multi-year schedule. These regulations were designed to ensure that banks maintain strong capital positions even in the event of severe economic downturns or unforeseen losses. The Bank is subject to the capital conservation buffer rules which place limitations on distributions, including dividend payments, and certain discretionary bonus payments to executive officers. In order to avoid these limitations, a bank must hold a capital conservation buffer above its minimum risk-based capital requirements. As of December 31, 2019 2018 2.50% 1.875%, Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and percentage (set forth in the table below) of total and Tier 1 1 December 31, 2019 As of December 31, 2019 1 1 no Actual For Capital Adequacy Purposes For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of December 31, 2019 Tier 1 Leverage ratio to Average Assets $ 46,752 9.31 % $ 20,084 4.00 % $ 25,105 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 46,752 13.24 15,885 4.50 22,945 6.50 Tier 1 Capital to Risk-Weighted Assets 46,752 13.24 21,180 6.00 28,240 8.00 Total Capital to Risk-Weighted Assets 51,165 14.49 28,240 8.00 35,300 10.00 As of December 31, 2018: Tier 1 Leverage ratio to Average Assets $ 37,805 9.28 % $ 16,288 4.00 % $ 20,360 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 37,805 12.90 13,190 4.50 19,052 6.50 Tier 1 Capital to Risk-Weighted Assets 37,805 12.90 17,587 6.00 23,449 8.00 Total Capital to Risk-Weighted Assets 41,466 14.15 23,449 8.00 29,311 10.00

Note 15 - Legal Contingencies

Note 15 - Legal Contingencies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 15 Legal Contingencies Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will not December 31, 2019 no

Note 16 - Earnings Per Share

Note 16 - Earnings Per Share	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	( 16 2019 2018 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Year Ended December 31, Basic EPS: Net earnings $ 3,542 3,155,891 $ 1.12 $ 4,042 3,125,689 $ 1.29 Effect of dilutive securities-incremental shares from assumed conversion of options 3,744 5,857 Diluted EPS: Net earnings $ 3,542 3,159,635 $ 1.12 $ 4,042 3,131,546 $ 1.29

Note 17 - Parent Company Only F

Note 17 - Parent Company Only Financial Information	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	( 1 7 ) Parent Company Only Financial Information The Holding Company's unconsolidated financial information follows: December 31, (in thousands) 2019 2018 Assets Cash $ 8,895 $ 13,551 Investment in subsidiary 46,953 37,249 Other assets 20 20 Total assets $ 55,868 $ 50,820 Stockholders' Equity Stockholders' equity $ 55,868 $ 50,820 Total liabilities and stockholders' equity $ 55,868 $ 50,820 Condensed Statements of Earnings Year Ended December 31, 2019 2018 (in thousands) Revenues $ - $ - Expenses (501 ) (632 ) Income tax benefit 122 160 Loss before earnings of subsidiary (379 ) (472 ) Net earnings of subsidiary 3,921 4,514 Net earnings $ 3,542 $ 4,042 Year Ended December 31, (in thousands) 2019 2018 Cash flows from operating activities: Net Earnings $ 3,542 $ 4,042 Adjustments to reconcile net earnings to net cash used in operating activities: Equity in earnings of subsidiary (3,921 ) (4,514 ) Stock issued as compensation 72 60 Net cash used in operating activities (307 ) (412 ) Cash flows from financing activities: Proceeds from sale of common stock 873 - Proceeds from stock options exercised 5 172 Net cash provided by financing activities 878 172 Cash flows from investment activities: Cash dividend paid (377 ) (312 ) Cash infusion to subsidiary (4,850 ) - Net cash used by investing activities (5,227 ) (312 ) Net decrease in cash (4,656 ) (552 ) Cash at beginning of the year 13,551 14,103 Cash at end of year $ 8,895 $ 13,551 Supplemental disclosure of cash flow information- Noncash items: Net change in accumulated other comprehensive income (loss) of subsidiary, net of change in unrealized loss on debt securities available for sale, net of tax $ 756 $ (260 ) Stock-based compensation expense of subsidiary $ 177 $ 145

Note 18 - Subsequent Events

Note 18 - Subsequent Events	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	( 18 ) Subsequent Events  On March 11, 2020, $2,000,000 March 20, 2020, 71,814 $14.80 $1,062,868.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Organization. 100% four The following is a description of the significant accounting policies and practices followed by the Company, which conform to accounting principles generally accepted in the United States of America ("GAAP") and prevailing practices within the banking industry.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents. ninety At December 31, 2019 2018 $4,606,000 $3,901,00 0
Securities [Policy Text Block]	Debt Securities. may not Management evaluates debt securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held for Sale. December 31, 2019 2018 December 31, 2019 $6,193,000 $4,767,000 December 31, 2018 December 31, 2019 2018
Financing Receivable, Held-for-investment [Policy Text Block]	Loans. Commitment and loan origination fees are deferred and certain direct origination costs are capitalized. Both are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes is discontinued at the time the loan is ninety not
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses. no December 31, 2019 2018 The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are considered impaired. For such loans, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on the following factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding thirty-six 1 2 3 4 5 6 7 8 9 Allowance for Loan Losses, Continued. not
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment.
Bank Owned Life Insurance [Policy Text Block]	Bank-Owned Life Insurance (BOLI). .
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfer of Financial Assets. 1 2 3 not 1 2 no 3 not
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Financial Instruments.
Income Tax, Policy [Policy Text Block]	Income Taxes. two Deferred tax assets are recognized if it is more likely than not, not” 50 Income Taxes, Continued . not 50 not not December 31, 2019 not not not The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns. Income taxes are allocated to the Holding Company and Bank as if separate income tax returns were filed.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements. three may Level 1: Level 2: not may third Level 3: The following describes valuation methodologies used for assets measured at fair value: Debt Securities Available for Sale. 1 1 not 2 3 Impaired Loans. 3.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Values of Financial Instruments. Cash and Cash Equivalents. 1 Debt Securities. 2 Loans Held for Sale. 3 Loans. one four 3 Federal Home Loan Bank Stock. 3 Accrued Interest Receivable. 3 Deposits. 3 Off-Balance Sheet Instruments. 3
Advertising Cost [Policy Text Block]	Advertising.
Share-based Payment Arrangement [Policy Text Block]	Stock - Based Compensation.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income.
Mortgage Banking Activity [Policy Text Block]	Debit card/ATM Revenue. Mortgage Banking Revenue.
Reclassification, Policy [Policy Text Block]	Reclassification. no
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Standards Update . In February 2016, No. 2016 2, Leases (Topic 842 twelve December 15, 2018. $288,000 January 1, 2019. In June 2016, 2016 13, Financial Instruments - Credit Losses (Topic 326 December 15, 2022 ( In March 2017, No. 2017 08, Premium Amortization on Purchased Callable Debt Securities No December 15, 2018. no In June 2018, No. 2018 07, Stock Compensation (Topic 718 Improvmetns to Nonempmployee Share-Based Payment Accounting 718 505 50, Equity - Equity-Based payments to Non-Employees. December 15, 2019, In August 2018, 2018 13, Fair Value Measurement (Topic 820 2018 13" 2018 13 2018 13 December 15, 2019. not

Note 2 - Securities Available_2

Note 2 - Securities Available for Sale (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At December 31, 2019 U.S. Government agency securities $ 408 $ - $ (1 ) $ 407 Municipal securities 9,332 81 (72 ) 9,341 Mortgage-backed securities 45,499 401 (97 ) 45,803 Asset-backed securities 5,825 14 (57 ) 5,782 Total $ 61,064 $ 496 $ (227 ) $ 61,333 At December 31, 2018 U.S. Government agency securities $ 815 $ - $ (16 ) $ 799 Municipal securities 11,580 62 (113 ) 11,529 Mortgage-backed securities 33,733 33 (710 ) 33,056 Total $ 46,128 $ 95 $ (839 ) $ 45,384
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At December 31, 2019 U.S. Government agency securities $ 407 $ - $ 407 $ - Municipal securities 9,341 - 9,341 - Mortgage-backed securities 45,803 - 45,803 - Asset-backed securities 5,782 - 5,782 - Total $ 61,333 $ - $ 61,333 $ - At December 31, 2018 U.S. Government agency securities $ 799 $ - $ 799 $ - Municipal securities 11,529 - 11,529 - Mortgage-backed securities 33,056 - 33,056 - Total $ 45,384 $ - $ 45,384 $ -
Available-for-sale Securities [Table Text Block]	Amortized Fair Cost Value (in thousands) At December 31, 2019 Due in less than one year $ 367 $ 368 Due in one to five years 1,372 1,379 Due in five to ten years 2,578 2,570 Due after ten years 11,248 11,213 Mortgage-backed securities 45,499 45,803 Total $ 61,064 $ 61,333
Schedule of Realized Gain (Loss) [Table Text Block]	Year Ended December 31, (in thousands) 2019 2018 Proceeds from sale of securities $ 4,245 $ - Gross gains 28 - Gross losses (21 ) - Net gain on sale of securities $ 7 $ -
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less Than Twelve Months More Than Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At December 31, 2019 Debt Securities Available for Sale U.S. Government agency securities $ (1 ) $ 407 $ - $ - Municipal securities (72 ) 3,814 - - Mortgage-backed securities (56 ) 4,629 (41 ) 4,115 Asset-backed securities (57 ) 3,901 - - Total $ (186 ) $ 12,751 $ (41 ) $ 4,115 At December 31, 2018 Debt Securities Available for Sale U.S. Government agency securities $ (2 ) $ 242 $ (14 ) $ 557 Municipal securities - - (113 ) 5,760 Mortgage-backed securities (19 ) 983 (691 ) 30,061 Total $ (21 ) $ 1,225 $ (818 ) $ 36,378

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	At December 31, (in thousands) 2019 2018 Real estate mortgage loans: Commercial $ 94,728 $ 82,494 Residential and home equity 135,913 121,454 Construction 33,583 31,601 Total real estate mortgage loans 264,224 235,549 Commercial loans 69,770 51,018 Consumer and other loans 7,631 6,747 Total loans 341,625 293,314 Add (Less): Net deferred loan costs 499 460 Allowance for loan losses (4,414 ) (3,661 ) Loans, net $ 337,710 $ 290,113
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total Year Ended December 31, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ 3,661 Provision for loan losses 129 176 24 735 67 1,131 Net (charge-offs) recoveries - - - (327 ) (51 ) (378 ) Ending balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ 4,414 At December 31, 2019 Individually evaluated for impairment: Recorded investment $ 611 $ 965 $ - $ 1,631 $ 13 $ 3,220 Balance in allowance for loan losses $ - $ 15 $ - $ 386 $ 13 $ 414 Collectively evaluated for impairment: Recorded investment $ 94,117 $ 134,948 $ 33,583 $ 68,139 $ 7,618 $ 338,405 Balance in allowance for loan losses $ 1,046 $ 1,558 $ 415 $ 898 $ 83 $ 4,000 Year Ended December 31, 2018 Beginning balance $ 894 $ 1,097 $ 331 $ 724 $ 90 $ 3,136 Provision for loan losses 23 300 63 204 1 591 Net (charge-offs) recoveries - - (3 ) (52 ) (11 ) (66 ) Ending balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ 3,661 At December 31, 2018 Individually evaluated for impairment: Recorded investment $ 611 $ 409 $ - $ 205 $ 6 $ 1,231 Balance in allowance for loan losses $ - $ - $ - $ 205 $ 6 $ 211 Collectively evaluated for impairment: Recorded investment $ 81,883 $ 121,045 $ 31,601 $ 50,813 $ 6,741 $ 292,083 Balance in allowance for loan losses $ 917 $ 1,397 $ 391 $ 671 $ 74 $ 3,450
Financing Receivable Credit Quality Indicators [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At December 31, 2019 Grade: Pass $ 92,586 $ 133,351 $ 32,374 $ 66,649 $ 7,576 $ 332,536 Special mention 1,531 1,597 1,209 1,197 55 5,589 Substandard 611 965 - 1,924 - 3,500 Doubtful - - - - - - Loss - - - - - - Total $ 94,728 $ 135,913 $ 33,583 $ 69,770 $ 7,631 $ 341,625 At December 31, 2018 Grade: Pass $ 77,650 $ 118,368 $ 31,601 $ 47,858 $ 6,657 $ 282,134 Special mention 4,233 2,875 - 2,184 84 9,376 Substandard 611 211 - 976 6 1,804 Doubtful - - - - - - Loss - - - - - - Total $ 82,494 $ 121,454 $ 31,601 $ 51,018 $ 6,747 $ 293,314
Financing Receivable, Past Due [Table Text Block]	Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At December 31, 2019: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 94,728 $ - $ 94,728 Residential and home equity 569 - - 569 134,379 965 135,913 Construction 82 - - 82 33,501 - 33,583 Commercial loans 87 - - 87 68,057 1,626 69,770 Consumer and other loans - 5 - 5 7,626 - 7,631 Total $ 738 $ 5 $ - $ 743 $ 338,291 $ 2,591 $ 341,625 At December 31, 2018: Real estate mortgage loans: Commercial Residential and home equity $ - $ - $ - $ - $ 82,494 $ - $ 82,494 Construction 134 30 - 164 121,129 161 121,454 Commercial loans - - - - 31,601 - 31,601 Consumer and other loans 98 - - 98 50,745 175 51,018 Total - - - - 6,741 6 6,747 $ 232 $ 30 $ - $ 262 $ 292,710 $ 342 $ 293,314
Impaired Financing Receivables [Table Text Block]	With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At December 31, 2019: Commercial real estate $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 716 716 249 249 15 965 965 15 Commercial loans 508 508 1,123 1,123 386 1,631 1,631 386 Consumer and other loans - - 13 13 13 13 13 13 Total $ 1,835 $ 1,835 $ 1,385 $ 1,385 $ 414 $ 3,220 $ 3,220 $ 414 At December 31, 2018: Commercial real estate $ 611 $ 611 $ - $ - $ - $ 611 $ 611 $ - Residential and home equity 409 409 - - - 409 409 - Commercial loans - - 205 205 205 205 205 205 Consumer and other loans - - 6 6 6 6 6 6 Total $ 1,020 $ 1,020 $ 211 $ 211 $ 211 $ 1,231 $ 1,231 $ 211
Impaired Financing Receivables, Average Recorded Investment, and Interest Income Recognized [Table Text Block]	Average Interest Interest Recorded Income Income (in thousands) Investment Recognized Received Year Ended December 31, 2019 Commercial real estate $ 611 $ 32 $ 32 Residential and home equity 753 5 7 Commercial 806 9 12 Consumer and other loans 3 - - Total $ 2,173 $ 46 $ 51 (in thousands) Year Ended December 31, 2018 Commercial real estate $ 471 $ 16 $ 16 Residential and home equity 234 7 6 Commercial 172 2 7 Consumer and other loans 2 - - Total $ 879 $ 25 $ 29
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	Year Ended December 31, 2019 Year Ended December 31, 2018 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (in thousands) Troubled Debt Restructurings: Modified principal Residential and home equity: - - - - 1 $ 619 $ 611 $ 611 Modified interest rate Residential and home equity: 1 $ 65 $ 65 $ 65 - - - - Commercial 2 260 260 260 - - - - Total 3 $ 325 $ 325 $ 325 1 $ 619 $ 611 $ 611

Note 4 - Premises and Equipme_2

Note 4 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Property, Plant and Equipment [Table Text Block]	At December 31, 2019 2018 (in thousands) Land $ 1,704 $ 690 Buildings 4,960 3,736 Leasehold improvements 421 421 Furniture, fixtures and equipment 1,505 1,168 Computer and software 2,669 2,372 Construction in progress 833 40 Total, at cost 12,092 8,427 Less accumulated depreciation and amortization (4,348 ) (3,771 ) Premises and equipment, net $ 7,744 $ 4,656
Lease, Cost [Table Text Block]	Year Ended December 31, 2019 (in thousands) Operating lease cost $ 239 Cash paid for amount included in the measurement of lease liabilities operating cash flows from operating leases $ 151 (in thousands) At December 31, 2019 Operating lease right of use assets $ 3,669 Operating lease liabilities $ 3,758 Weighted average remaining lease term - operating lease (in years) 14.6 Weighted average discount rate 3.17 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	At December 31 (in thousands) 2019 2020 $ 294 2021 294 2022 294 2023 294 2024 294 Next five years and thereafter 3,273 Total future minimum lease payments 4,743 Less interest (985 ) Total $ 3,758

Note 5 - Deposits (Tables)

Note 5 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Time Deposit Maturities [Table Text Block]	(in thousands) Year Ending December 31, Amount 2020 $ 47,464 2021 18,280 2022 559 2023 2,168 2024 300 2039 403 Total $ 69,174

Note 7 - Income Taxes (Tables)

Note 7 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, (in thousands) 2019 2018 Current: Federal $ 987 $ 1,003 State 222 292 Total current 1,209 1,295 Deferred: Federal (94 ) (65 ) State (23 ) (10 ) Total deferred (117 ) (75 ) Total income taxes $ 1,092 $ 1,220
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2019 2018 % of % of Pretax Pretax Amount Earnings Amount Earnings (dollars in thousands) Income taxes at statutory rate $ 973 21.0 % $ 1,105 21.0 % Increase (decrease) resulting from: State taxes, net of federal tax benefit 157 3.4 223 4.2 Tax-exempt income (69 ) (1.5 ) (62 ) (1.2 ) Stock-based compensation - - (29 ) (0.6 ) Other nondeductible expenses 31 0.7 (17 ) (0.2 ) Total $ 1,092 23.6 % $ 1,220 23.2 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	At December 31, 2019 2018 (in thousands) Deferred tax assets: Allowance for loan losses $ 972 $ 894 Organizational and start-up costs 30 40 Stock-based compensation 52 27 Unrealized losses on debt securities available for sale - 188 Other 32 12 Deferred tax assets 1,086 1,161 Deferred tax liabilities: Prepaid Expenses (44 ) (59 ) Deferred loan costs (426 ) (380 ) Premises and equipment (185 ) (220 ) Unrealized gain on debt securities available for sale (69 ) - Deferred tax liabilities (724 ) (659 ) Net deferred tax asset $ 362 $ 502

Note 8 - Off-balance Sheet Fi_2

Note 8 - Off-balance Sheet Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	At December 31, 2019 (in thousands) Commitments to extend credit $ 7,905 Construction loans in process 17,964 Unused lines of credit 46,042 Standby financial letters of credit 2,157 Standby performance letters of credit 328 Guaranteed accounts 1,378 Total off-balance sheet instruments $ 75,774

Note 9 - Stock Compensation P_2

Note 9 - Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Year ended December 31, 2019 2018 Weighted average risk-free interest rate 1.88% 1.47-2.63% Expected dividend yield 0.59% 0.41-0.50% Expected stock volatility 9.90% 10.07-11.90% Expected life in years 6.5 1.0-6.5 Per share fair value of options issued during year $2.74 $1.08-$3.35
Nonvested Restricted Stock Shares Activity [Table Text Block]	Wtd-Avg Number of Grant Date Grant Date Shares Fair Value per Share Fair Value Non-vested restricted stock issued in 2019 3,600 $ 18.52 $ 67,000 Non-vested restricted stock outstanding at December 31, 2019 3,600 $ 18.52 67,000
The 2007 Stock Option Plan [Member]
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2017 22,200 $ 10.31 Options exercised (17,150 ) 10.02 Options forfeited (350 ) 10.00 Outstanding at December 31, 2018 4,700 $ 11.37 Options exercised (500 ) 10.00 Options forfeited (2,000 ) 10.72 Outstanding at December 31, 2019 2,200 $ 12.27 0.32 years $ 17,000 Exercisable at December 31, 2019 2,200 $ 12.27 0.32 years $ 17,000
The 2015 Stock Incentive Compensation Plan [Member]
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2017 11,540 $ 17.03 Options granted 252,917 19.91 Options forfeited (1,000 ) 20.09 Outstanding at December 31, 2018 263,457 $ 19.78 Options granted 22,000 20.21 Forfeited (13,190 ) 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 7.8 years $ 77,000 Exercisable at December 31, 2019 71,827 $ 18.97 6.2 years $ 77,000

Note 11 - Related Party Trans_2

Note 11 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Year Ended December 31, (in thousands) 2019 2018 Loans: Beginning balance $ 7,288 $ 5,870 Originated during the year 1,986 2,048 Remove retired Director - (400 ) Principal repayments (1,548 ) (230 ) Ending balance $ 7,726 $ 7,288 Deposits at year-end $ 7,079 $ 9,989

Note 12 - Fair Value of Finan_2

Note 12 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At December 31, 2019 At December 31, 2018 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 75,082 $ 75,082 $ 48,038 $ 48,038 Debt securities available for sale 2 61,333 61,333 45,384 45,384 Loans held for sale 3 6,193 6,296 4,767 4,842 Loans, net 3 337,710 342,435 290,113 283,068 Federal Home Loan Bank stock 3 404 404 355 355 Accrued interest receivable 3 1,137 1,137 1,034 1,034 Financial liabilities- Deposits 3 438,264 439,208 349,067 349,416 Off-Balance Sheet financial instruments 3 - - - -

Note 14 - Regulatory Matters (T

Note 14 - Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual For Capital Adequacy Purposes For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of December 31, 2019 Tier 1 Leverage ratio to Average Assets $ 46,752 9.31 % $ 20,084 4.00 % $ 25,105 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 46,752 13.24 15,885 4.50 22,945 6.50 Tier 1 Capital to Risk-Weighted Assets 46,752 13.24 21,180 6.00 28,240 8.00 Total Capital to Risk-Weighted Assets 51,165 14.49 28,240 8.00 35,300 10.00 As of December 31, 2018: Tier 1 Leverage ratio to Average Assets $ 37,805 9.28 % $ 16,288 4.00 % $ 20,360 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 37,805 12.90 13,190 4.50 19,052 6.50 Tier 1 Capital to Risk-Weighted Assets 37,805 12.90 17,587 6.00 23,449 8.00 Total Capital to Risk-Weighted Assets 41,466 14.15 23,449 8.00 29,311 10.00

Note 16 - Earnings Per Share (T

Note 16 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2019 2018 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Year Ended December 31, Basic EPS: Net earnings $ 3,542 3,155,891 $ 1.12 $ 4,042 3,125,689 $ 1.29 Effect of dilutive securities-incremental shares from assumed conversion of options 3,744 5,857 Diluted EPS: Net earnings $ 3,542 3,159,635 $ 1.12 $ 4,042 3,131,546 $ 1.29

Note 17 - Parent Company Only_2

Note 17 - Parent Company Only Financial Information (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Condensed Balance Sheet [Table Text Block]	December 31, (in thousands) 2019 2018 Assets Cash $ 8,895 $ 13,551 Investment in subsidiary 46,953 37,249 Other assets 20 20 Total assets $ 55,868 $ 50,820 Stockholders' Equity Stockholders' equity $ 55,868 $ 50,820 Total liabilities and stockholders' equity $ 55,868 $ 50,820
Condensed Income Statement [Table Text Block]	Condensed Statements of Earnings Year Ended December 31, 2019 2018 (in thousands) Revenues $ - $ - Expenses (501 ) (632 ) Income tax benefit 122 160 Loss before earnings of subsidiary (379 ) (472 ) Net earnings of subsidiary 3,921 4,514 Net earnings $ 3,542 $ 4,042
Condensed Cash Flow Statement [Table Text Block]	Year Ended December 31, (in thousands) 2019 2018 Cash flows from operating activities: Net Earnings $ 3,542 $ 4,042 Adjustments to reconcile net earnings to net cash used in operating activities: Equity in earnings of subsidiary (3,921 ) (4,514 ) Stock issued as compensation 72 60 Net cash used in operating activities (307 ) (412 ) Cash flows from financing activities: Proceeds from sale of common stock 873 - Proceeds from stock options exercised 5 172 Net cash provided by financing activities 878 172 Cash flows from investment activities: Cash dividend paid (377 ) (312 ) Cash infusion to subsidiary (4,850 ) - Net cash used by investing activities (5,227 ) (312 ) Net decrease in cash (4,656 ) (552 ) Cash at beginning of the year 13,551 14,103 Cash at end of year $ 8,895 $ 13,551 Supplemental disclosure of cash flow information- Noncash items: Net change in accumulated other comprehensive income (loss) of subsidiary, net of change in unrealized loss on debt securities available for sale, net of tax $ 756 $ (260 ) Stock-based compensation expense of subsidiary $ 177 $ 145

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)
Subsidiary, Ownership Percentage By Parent	100.00%
Number of Banking Offices	4
Cash Reserve Deposit Required and Made	$ 4,606,000		$ 3,901,000
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group, Ending Balance	6,193,000		4,767,000
Assets, Total	500,861,000		401,702,000
Liabilities, Total	$ 444,993,000		$ 350,882,000
Accounting Standards Update 2016-02 [Member]
Assets, Total		$ 288,000
Liabilities, Total		$ 288,000

Note 2 - Securities Available_3

Note 2 - Securities Available for Sale (Details Textual)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Debt Securities, Available-for-sale, Restricted	$ 10,983,000	$ 8,311,000
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	13	39

Note 2 - Securities Available_4

Note 2 - Securities Available for Sale - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Amortized Cost	$ 61,064	$ 46,128
Gross Unrealized Gains	496	95
Gross Unrealized Losses	(227)	(839)
Debt securities available for sale	61,333	45,384
US Government Agencies Debt Securities [Member]
Amortized Cost	408	815
Gross Unrealized Gains
Gross Unrealized Losses	(1)	(16)
Debt securities available for sale	407	799
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	9,332	11,580
Gross Unrealized Gains	81	62
Gross Unrealized Losses	(72)	(113)
Debt securities available for sale	9,341	11,529
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	45,499	33,733
Gross Unrealized Gains	401	33
Gross Unrealized Losses	(97)	(710)
Debt securities available for sale	45,803	$ 33,056
Asset-backed Securities [Member]
Amortized Cost	5,825
Gross Unrealized Gains	14
Gross Unrealized Losses	(57)
Debt securities available for sale	$ 5,782

Note 2 - Securities Available_5

Note 2 - Securities Available for Sale - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt securities available for sale	$ 61,333	$ 45,384
US Government Agencies Debt Securities [Member]
Debt securities available for sale	407	799
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	9,341	11,529
Collateralized Mortgage Backed Securities [Member]
Debt securities available for sale	45,803	33,056
Asset-backed Securities [Member]
Debt securities available for sale	5,782
Fair Value, Recurring [Member]
Debt securities available for sale	61,333	45,384
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	61,333	45,384
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member]
Debt securities available for sale	407	799
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	407	799
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	9,341	11,529
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	9,341	11,529
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Debt securities available for sale	45,803	33,056
Fair Value, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	45,803	33,056
Fair Value, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | Asset-backed Securities [Member]
Debt securities available for sale	5,782
Fair Value, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale
Fair Value, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	5,782
Fair Value, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale

Note 2 - Securities Available_6

Note 2 - Securities Available for Sale - Scheduled Maturities of Securities with Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Due in less than one year, amortized cost	$ 367
Due in less than one year, Fair value	368
Due in one to five years, amortized cost	1,372
Due in one to five years, Fair value	1,379
Due in five to ten years, amortized cost	2,578
Due in five to ten years, Fair value	2,570
Due after ten years, amortized cost	11,248
Due after ten years, Fair value	11,213
Mortgage-backed securities, amortized cost	45,499
Mortgage-backed securities, Fair value	45,803
Total, amortized cost	61,064	$ 46,128
Total, Fair value	$ 61,333	$ 45,384

Note 2 - Securities Available_7

Note 2 - Securities Available for Sale - Summary of Sale of Securities Available for Sale (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Proceeds from sale of securities	$ 4,245
Gross gains	28
Gross losses	(21)
Net gain on sale of securities	$ 7

Note 2 - Securities Available_8

Note 2 - Securities Available for Sale - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Gross Unrealized Losses, Less Than Twelve Months	$ (186)	$ (21)
Fair Value, Less Than Twelve Months	12,751	1,225
Gross Unrealized Losses, Over Twelve Months	(41)	(818)
Fair Value, Over Twelve Months	4,115	36,378
US Government Agencies Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(1)	(2)
Fair Value, Less Than Twelve Months	407	242
Gross Unrealized Losses, Over Twelve Months		(14)
Fair Value, Over Twelve Months		557
US States and Political Subdivisions Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(72)
Fair Value, Less Than Twelve Months	3,814
Gross Unrealized Losses, Over Twelve Months		(113)
Fair Value, Over Twelve Months		5,760
Collateralized Mortgage Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(56)	(19)
Fair Value, Less Than Twelve Months	4,629	983
Gross Unrealized Losses, Over Twelve Months	(41)	(691)
Fair Value, Over Twelve Months	4,115	$ 30,061
Asset-backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(57)
Fair Value, Less Than Twelve Months	3,901
Gross Unrealized Losses, Over Twelve Months
Fair Value, Over Twelve Months

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Number of Portfolio Classes	5
Impairment Valuation Loan Limit	$ 500,000
Financing Receivable, Recorded Investment 30 Days Past Due and Still Accruing, Number of Loans	10
Financing Receivable Recorded Investment 90 Days Past Due and Still Accruing, Number of Loans	0
Financing Receivable, Recorded Investment, Nonaccrual Status, Number of Loans	12
Financing Receivable, Modifications, Number of Contracts	3	1
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	3	0
Financing Receivable, Troubled Debt Restructuring	$ 942,000	$ 611,000
Nonperforming Financial Instruments [Member] | Collateral Pledged [Member] | Fair Value, Nonrecurring [Member]
Loans Receivable, Fair Value Disclosure	$ 0	$ 0
Minimum [Member] | Loans Receivable [Member]
Loan Maturity Period	1 year
Maximum [Member] | Loans Receivable [Member]
Loan Maturity Period	10 years
Real Estate Mortgage Loans [Member]
Number of Portfolio Classes	3
Commercial Real Estate Portfolio Segment [Member]
Period of Fixed Interest Rate	5 years
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Loan Maturity Period	3 years
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Loan Maturity Period	5 years
Residential Portfolio Segment [Member] | Period 1 [Member]
Period of Fixed Interest Rate	15 years
Period of Adjustment of Interest Rate	1 year
Residential Portfolio Segment [Member] | Period 2 [Member]
Period of Fixed Interest Rate	30 years
Period of Adjustment of Interest Rate	3 years
Residential Portfolio Segment [Member] | Period 3 [Member]
Period of Adjustment of Interest Rate	5 years
Residential Portfolio Segment [Member] | Period 4 [Member]
Period of Adjustment of Interest Rate	7 years
Residential Portfolio Segment [Member] | Period 5 [Member]
Period of Adjustment of Interest Rate	10 years
Real Estate Construction Loan [Member] | Minimum [Member]
Loan Maturity Period	1 year
Real Estate Construction Loan [Member] | Maximum [Member]
Loan Maturity Period	2 years
Commercial Portfolio Segment [Member] | Maximum [Member] | Equipment Loans [Member]
Loan Maturity Period	5 years

Note 3 - Loans - Composition of

Note 3 - Loans - Composition of Company's Loan Portfolio, Excluding Loans Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Total loans	$ 341,625	$ 293,314
Net deferred loan costs	499	460
Allowance for loan losses	(4,414)	(3,661)	$ (3,136)
Loans, net	337,710	290,113
Mortgage Receivable [Member]
Total loans	264,224	235,549
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	94,728	82,494
Allowance for loan losses	(1,046)	(917)	(894)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	135,913	121,454
Allowance for loan losses	(1,573)	(1,397)	(1,097)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	33,583	31,601
Allowance for loan losses	(415)	(391)	(331)
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member]
Total loans		31,601
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	69,770	51,018
Allowance for loan losses	(1,284)	(876)	(724)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	7,631	6,747
Allowance for loan losses	$ (96)	$ (80)	$ (90)

Note 3 - Loans - Summary of Cha

Note 3 - Loans - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Beginning balance	$ 3,661	$ 3,136
Provision (credit) for loan losses	1,131	591
Net (charge-offs) recoveries	(378)	(66)
Recorded investment, individually evaluated for impairment	3,220	1,231
Balance in allowance for loan losses, individually evaluated for impairment	414	211
Recorded investment, collectively evaluated for impairment	338,405	292,083
Balance in allowance for loan losses, collectively evaluated for impairment	4,000	3,450
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Beginning balance	917	894
Provision (credit) for loan losses	129	23
Net (charge-offs) recoveries
Recorded investment, individually evaluated for impairment	611	611
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	94,117	81,883
Balance in allowance for loan losses, collectively evaluated for impairment	1,046	917
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Beginning balance	1,397	1,097
Provision (credit) for loan losses	176	300
Net (charge-offs) recoveries
Recorded investment, individually evaluated for impairment	965	409
Balance in allowance for loan losses, individually evaluated for impairment	15
Recorded investment, collectively evaluated for impairment	134,948	121,045
Balance in allowance for loan losses, collectively evaluated for impairment	1,558	1,397
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Beginning balance	391	331
Provision (credit) for loan losses	24	63
Net (charge-offs) recoveries		(3)
Recorded investment, individually evaluated for impairment
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	33,583	31,601
Balance in allowance for loan losses, collectively evaluated for impairment	415	391
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Beginning balance	876	724
Provision (credit) for loan losses	735	204
Net (charge-offs) recoveries	(327)	(52)
Recorded investment, individually evaluated for impairment	1,631	205
Balance in allowance for loan losses, individually evaluated for impairment	386	205
Recorded investment, collectively evaluated for impairment	68,139	50,813
Balance in allowance for loan losses, collectively evaluated for impairment	898	671
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Beginning balance	80	90
Provision (credit) for loan losses	67	1
Net (charge-offs) recoveries	(51)	(11)
Recorded investment, individually evaluated for impairment	13	6
Balance in allowance for loan losses, individually evaluated for impairment	13	6
Recorded investment, collectively evaluated for impairment	7,618	6,741
Balance in allowance for loan losses, collectively evaluated for impairment	$ 83	$ 74

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Loans by credit quality	$ 341,625	$ 293,314
Pass [Member]
Loans by credit quality	332,536	282,134
Special Mention [Member]
Loans by credit quality	5,589	9,376
Substandard [Member]
Loans by credit quality	3,500	1,804
Doubtful [Member]
Loans by credit quality
Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member]
Loans by credit quality	264,224	235,549
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	94,728	82,494
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	92,586	77,650
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,531	4,233
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	611	611
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Loans by credit quality	135,913	121,454
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	133,351	118,368
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,597	2,875
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	965	211
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Loans by credit quality	33,583	31,601
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Pass [Member]
Loans by credit quality	32,374	31,601
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Special Mention [Member]
Loans by credit quality	1,209
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Substandard [Member]
Loans by credit quality
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Doubtful [Member]
Loans by credit quality
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member]
Loans by credit quality		31,601
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	69,770	51,018
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	66,649	47,858
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,197	2,184
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	1,924	976
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Loans by credit quality	7,631	6,747
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	7,576	6,657
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	55	84
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality		6
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality

Note 3 - Loans - Summary of Pas

Note 3 - Loans - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accruing Loans, Past Due	$ 743	$ 262
Accruing Loans, Current	338,291	292,710
Nonaccrual Loans	2,591	342
Loans by credit quality	341,625	293,314
Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	738	232
Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due	5	30
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member]
Loans by credit quality	264,224	235,549
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Accruing Loans, Past Due
Accruing Loans, Current	94,728	82,494
Nonaccrual Loans
Loans by credit quality	94,728	82,494
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Accruing Loans, Past Due	569	164
Accruing Loans, Current	134,379	121,129
Nonaccrual Loans	965	161
Loans by credit quality	135,913	121,454
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	569	134
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due		30
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Accruing Loans, Past Due	82
Accruing Loans, Current	33,501
Nonaccrual Loans
Loans by credit quality	33,583	31,601
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	82
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member]
Accruing Loans, Past Due
Accruing Loans, Current		31,601
Nonaccrual Loans
Loans by credit quality		31,601
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Real Estate Construction Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Accruing Loans, Past Due	87	98
Accruing Loans, Current	68,057	50,745
Nonaccrual Loans	1,626	175
Loans by credit quality	69,770	51,018
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	87	98
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Accruing Loans, Past Due	5
Accruing Loans, Current	7,626	6,741
Nonaccrual Loans		6
Loans by credit quality	7,631	6,747
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due	5
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due

Note 3 - Loans - Summary of Imp

Note 3 - Loans - Summary of Impaired Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
With No Related Allowance Recorded, Recorded Investment	$ 1,835	$ 1,020
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	1,835	1,020
With an Allowance Recorded, Recorded Investment	1,385	211
With an Allowance Recorded, Unpaid Contractual Principal Balance	1,385	211
Related Allowance	414	211
Total Recorded Investment	3,220	1,231
Total Unpaid Contractual Principal Balance	3,220	1,231
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
With No Related Allowance Recorded, Recorded Investment	611	611
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	611	611
With an Allowance Recorded, Recorded Investment
With an Allowance Recorded, Unpaid Contractual Principal Balance
Related Allowance
Total Recorded Investment	611	611
Total Unpaid Contractual Principal Balance	611	611
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
With No Related Allowance Recorded, Recorded Investment	716	409
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	716	409
With an Allowance Recorded, Recorded Investment	249
With an Allowance Recorded, Unpaid Contractual Principal Balance	249
Related Allowance	15
Total Recorded Investment	965	409
Total Unpaid Contractual Principal Balance	965	409
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
With No Related Allowance Recorded, Recorded Investment	508
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	508
With an Allowance Recorded, Recorded Investment	1,123	205
With an Allowance Recorded, Unpaid Contractual Principal Balance	1,123	205
Related Allowance	386	205
Total Recorded Investment	1,631	205
Total Unpaid Contractual Principal Balance	1,631	205
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member]
With No Related Allowance Recorded, Recorded Investment
With No Related Allowance Recorded, Unpaid Contractual Principal Balance
With an Allowance Recorded, Recorded Investment	13	6
With an Allowance Recorded, Unpaid Contractual Principal Balance	13	6
Related Allowance	13	6
Total Recorded Investment	13	6
Total Unpaid Contractual Principal Balance	$ 13	$ 6

Note 3 - Loans - Summary of Ave

Note 3 - Loans - Summary of Average Net Investment in Impaired Loans and Interest Income Recognized and Received on Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Average recorded investment	$ 2,173	$ 879
Interest income recognized	46	25
Interest income received	51	29
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Average recorded investment	611
Interest income recognized	32
Interest income received	32
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Average recorded investment	753
Interest income recognized	5
Interest income received	7
Mortgage Receivable [Member] | Commercial Portfolio Segment [Member]
Average recorded investment	806
Interest income recognized	9
Interest income received	12
Loans and Finance Receivables [Member] | Commercial Real Estate Portfolio Segment [Member]
Average recorded investment		471
Interest income recognized		16
Interest income received		16
Loans and Finance Receivables [Member] | Residential Portfolio Segment [Member]
Average recorded investment		234
Interest income recognized		7
Interest income received		6
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Average recorded investment		172
Interest income recognized		2
Interest income received		7
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Average recorded investment	3	2
Interest income recognized
Interest income received

Note 3 - Loans - Summary of L_2

Note 3 - Loans - Summary of Loans Determined to Be Troubled Debt Restructurings (Details)	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Number of Contracts	3	1
Pre-Modification Outstanding Recorded Investment	$ 325,000	$ 619,000
Post-Modification Outstanding Recorded Investment	325,000	611,000
Current Modification Outstanding Recorded Investment	$ 942,000	$ 611,000
Residential Portfolio Segment [Member] | Mortgage Receivable [Member] | Modified Principal [Member]
Number of Contracts		1
Pre-Modification Outstanding Recorded Investment		$ 619,000
Post-Modification Outstanding Recorded Investment		611,000
Current Modification Outstanding Recorded Investment		$ 611,000
Residential Portfolio Segment [Member] | Mortgage Receivable [Member] | Modified Interest Rate [Member]
Number of Contracts	1
Pre-Modification Outstanding Recorded Investment	$ 65,000
Post-Modification Outstanding Recorded Investment	65,000
Current Modification Outstanding Recorded Investment	$ 65,000
Commercial Real Estate Portfolio Segment [Member] | Modified Interest Rate [Member]
Number of Contracts	2
Pre-Modification Outstanding Recorded Investment	$ 260,000
Post-Modification Outstanding Recorded Investment	260,000
Current Modification Outstanding Recorded Investment	$ 260,000

Note 4 - Premises and Equipme_3

Note 4 - Premises and Equipment (Details Textual)	Feb. 15, 2019USD ($)	Aug. 06, 2018USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Operating Leases, Rent Expense, Total			$ 312,000
Payments to Acquire Property, Plant, and Equipment, Total	$ 2,100,000		$ 3,735,000	$ 304,000
Retail Lease [Member]
Lessee, Operating Lease, Term of Contract		15 years
Lessee, Operating Lease, Number of Renewal Options		4
Lessee, Operating Lease, Renewal Term		5 years
Lessee, Operating Lease, Permanent Improvements Reimbursement, Maximum		$ 1,300,000

Note 4 - Premises and Equipme_4

Note 4 - Premises and Equipment - Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Total, at cost	$ 12,092	$ 8,427
Less accumulated depreciation and amortization	(4,348)	(3,771)
Premises and equipment, net	7,744	4,656
Land [Member]
Total, at cost	1,704	690
Building [Member]
Total, at cost	4,960	3,736
Leasehold Improvements [Member]
Total, at cost	421	421
Furniture and Fixtures [Member]
Total, at cost	1,505	1,168
Computer and Software [Member]
Total, at cost	2,669	2,372
Construction in Progress [Member]
Total, at cost	$ 833	$ 40

Note 4 - Premises and Equipme_5

Note 4 - Premises and Equipment - Lease Expense and Other Lease Informaion (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Operating lease cost	$ 239
Cash paid for amount included in the measurement of lease liabilities operating cash flows from operating leases	151
Operating lease right of use assets	3,669
Total	$ 3,758
Weighted average remaining lease term - operating lease (in years) (Year)	14 years 219 days
Weighted average discount rate	3.17%

Note 4 - Premises and Equipme_6

Note 4 - Premises and Equipment - Operating Lease Liability Future Minimum Lease Payment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
2020	$ 294
2021	294
2022	294
2023	294
2024	294
Next five years and thereafter	3,273
Total future minimum lease payments	4,743
Less interest	(985)
Total	$ 3,758

Note 5 - Deposits (Details Text

Note 5 - Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Time Deposits, at or Above FDIC Insurance Limit	$ 33.4	$ 20.7

Note 5 - Deposits - Schedule of

Note 5 - Deposits - Schedule of Maturitites of Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
2020	$ 47,464
2021	18,280
2022	559
2023	2,168
2024	300
2039	403
Total	$ 69,174	$ 41,296

Note 6 - Other Borrowings (Deta

Note 6 - Other Borrowings (Details Textual) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 64,900,000
Federal Home Loan Bank Advances, Total	0	$ 0
Line of Credit Facility, Current Borrowing Capacity	18,800,000
Assets Sold under Agreements to Repurchase, Carrying Amount	1,254,000
Securities Sold under Agreements to Repurchase, Fair Value of Collateral	$ 2,200,000

Note 7 - Income Taxes - Compone

Note 7 - Income Taxes - Components of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Federal	$ 987	$ 1,003
State	222	292
Total current	1,209	1,295
Federal	(94)	(65)
State	(23)	(10)
Total deferred	(117)	(75)
Total income taxes	$ 1,092	$ 1,220

Note 7 - Income Taxes - Reconci

Note 7 - Income Taxes - Reconciliation of statutory Federal Income Tax Rate and Effective Tax Rates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income taxes at statutory rate, amount	$ 973	$ 1,105
Income taxes at statutory rate, percent	21.00%	21.00%
State taxes, net of federal tax benefit, amount	$ 157	$ 223
State taxes, net of federal tax benefit, percent	3.40%	4.20%
Tax-exempt income, amount	$ (69)	$ (62)
Tax-exempt income, percent	(1.50%)	(1.20%)
Stock-based compensation, amount		$ (29)
Stock-based compensation, percent		(0.60%)
Other nondeductible expenses, amount	$ 31	$ (17)
Other nondeductible expenses, percent	0.70%	(0.20%)
Total income taxes	$ 1,092	$ 1,220
Total, percent	23.60%	23.20%

Note 7 - Income Taxes - Summary

Note 7 - Income Taxes - Summary of Tax Effects of Temporary Differences on Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Allowance for loan losses	$ 972	$ 894
Organizational and start-up costs	30	40
Stock-based compensation	52	27
Unrealized losses on debt securities available for sale		188
Other	32	12
Deferred tax assets	1,086	1,161
Prepaid Expenses	(44)	(59)
Deferred loan costs	(426)	(380)
Premises and equipment	(185)	(220)
Unrealized gain on debt securities available for sale	(69)
Deferred tax liabilities	(724)	(659)
Net deferred tax asset	$ 362	$ 502

Note 8 - Off-balance Sheet Fi_3

Note 8 - Off-balance Sheet Financial Instruments (Details Textual) - Standby Financial Letters of Credit [Member]	12 Months Ended
	Dec. 31, 2019USD ($)
Debt Instrument, Term	1 year
Debt Instrument, Collateral Amount	$ 680,000
Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10.00%

Note 8 - Off-balance Sheet Fi_4

Note 8 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Contractual amounts with off-balance-sheet risk	$ 75,774
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	7,905
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	17,964
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	46,042
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,157
Performance Standby Letters Of Credit [Member]
Contractual amounts with off-balance-sheet risk	328
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,378

Note 9 - Stock Compensation P_3

Note 9 - Stock Compensation Plans (Details Textual) - USD ($)	Feb. 21, 2020	May 20, 2015	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share-based Payment Arrangement, Expense, Tax Benefit				$ 19,000	$ 20,000
Restricted Stock [Member]
Share-based Payment Arrangement, Expense				$ 19,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition				2 years 73 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			3,600	3,600
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total				$ 48,000
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche One [Member] | Forecast [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	33.33%
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	1,200
The 2015 Stock Incentive Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance				272,267	263,457	11,540
Share-based Payment Arrangement, Expense				$ 158,000	$ 145,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount				$ 539,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				22,000	252,917
The 2015 Stock Incentive Compensation Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		500,000
Maximum Percentage of Shares Issued		15.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant				202,826
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition				3 years 146 days
The 2007 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance				2,200	4,700	22,200
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant		0
The 2007 Stock Option Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount				$ 0
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant				51,640
Share-based Payment Arrangement, Expense				$ 72,000	$ 60,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees				110.00%
Percent of Total Shares Outstanding				1.62%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross				3,643	2,818

Note 9 - Stock Compensation P_4

Note 9 - Stock Compensation Plans - Summary of the 2015 Plan (Details) - The 2015 Stock Incentive Compensation Plan [Member] - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019
Number of Options, Outstanding, beginning balance (in shares)	263,457	11,540
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 19.78	$ 17.03
Number of Options, granted (in shares)	22,000	252,917
Weighted-average Exercise Price, Options granted (in dollars per share)	$ 20.21	$ 19.91
Number of Options, forfeited (in shares)	(13,190)	(1,000)
Weighted-average Exercise Price, Options Forfeited (in dollars per share)	$ 20.09	$ 20.09
Weighted-average Exercise Price, Outstanding, ending balance (in dollars per share)	$ 19.80	$ 19.78
Number of Options, Outstanding, ending balance (in shares)	272,267	263,457
Outstanding at December 31, 2018Weighted-average Exercise Price, Outstanding, ending balance (in dollars per share)	$ 19.80	$ 19.78	$ 19.80
Weighted-average Remaining Contractual Term, Outstanding (Year)	7 years 292 days
Aggregate Intrinsic Value, Outstanding			$ 77,000
Number of Options, Exercisable (in shares)			71,827
Weighted-average Exercise Price, Exercisable (in dollars per share)			$ 18.97
Weighted-average Remaining Contractual Term, Exercisable (Year)	6 years 73 days
Aggregate Intrinsic Value, Exercisable			$ 77,000

Note 9 - Stock Compensation P_5

Note 9 - Stock Compensation Plans - Black-Scholes Option-pricing Model Assumptions (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Weighted average risk-free interest rate	1.88%
Expected dividend yield	0.59%
Expected stock volatility	9.90%
Expected life in years (Year)	6 years 182 days
Per share fair value of options issued during year (in dollars per share)	$ 2.74
Minimum [Member]
Weighted average risk-free interest rate		1.47%
Expected dividend yield		0.41%
Expected stock volatility		10.07%
Expected life in years (Year)		1 year
Per share fair value of options issued during year (in dollars per share)		$ 1.08
Maximum [Member]
Weighted average risk-free interest rate		2.63%
Expected dividend yield		0.50%
Expected stock volatility		11.90%
Expected life in years (Year)		6 years 182 days
Per share fair value of options issued during year (in dollars per share)		$ 3.35

Note 9 - Stock Compensation P_6

Note 9 - Stock Compensation Plans - Summary of the 2007 Stock Option Plan (Details) - The 2007 Stock Option Plan [Member] - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Number of Options, Outstanding, beginning balance (in shares)	4,700	22,200
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 11.37	$ 10.31
Number of Options, exercised (in shares)	(500)	(17,150)
Weighted-average Exercise Price, Options exercised (in dollars per share)	$ 10	$ 10.02
Number of Options, forfeited (in shares)	(2,000)	(350)
Weighted-average Exercise Price, Options Forfeited (in dollars per share)	$ 10.72	$ 10
Number of Options, Outstanding, ending balance (in shares)	2,200	4,700
Weighted-average Exercise Price, Outstanding, ending balance (in dollars per share)	$ 12.27	$ 11.37
Weighted-average Remaining Contractual Term, Outstanding (Year)	116 days
Aggregate Intrinsic Value, Outstanding	$ 17,000
Number of Options, Exercisable (in shares)	2,200
Weighted-average Exercise Price, Exercisable (in dollars per share)	$ 12.27
Aggregate Intrinsic Value, Exercisable	$ 17,000

Note 9 - Stock Compensation P_7

Note 9 - Stock Compensation Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2019
Non-vested restricted stock issued, shares (in shares)	3,600	3,600
Non-vested restricted stock issued, weighted average grant date fair value (in dollars per share)		$ 18.52
Non-vested restricted stock issued, grant date fair value		$ 67,000
Non-vested restricted stock outstanding, shares (in shares)		3,600
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)		$ 18.52
Non-vested restricted stock outstanding, grant date fair value		$ 67,000

Note 10 - Employee Benefit Pl_2

Note 10 - Employee Benefit Plans (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Nov. 30, 2018
Defined Contribution Plan, Cost	$ 175,000	$ 160,000
Deferred Compensation for Officers [Member]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate			4.00%
Defined Benefit Plan, Benefit Obligation, Ending Balance	155,000	18,000
Deferred Compensation for Officers [Member] | Other Liabilities [Member]
Liability, Defined Benefit Plan, Total	$ 173,000	$ 18,000

Note 11 - Related Party Trans_3

Note 11 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Payment to Acquire Life Insurance Policy, Investing Activities		$ 4,500,000
Directors and former CFO [Member]
Payment to Acquire Life Insurance Policy, Investing Activities	$ 1,100,000	$ 739,000

Note 11 - Related Party Trans_4

Note 11 - Related Party Transactions - Summary of Activity of Loans to Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Beginning balance	$ 7,288	$ 5,870
Originated during the year	1,986	2,048
Remove retired Director		(400)
Principal repayments	(1,548)	(230)
Ending balance	7,726	7,288
Deposits at year-end	$ 7,079	$ 9,989

Note 12 - Fair Value of Finan_3

Note 12 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Debt securities available for sale	$ 61,333,000	$ 45,384,000
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group, Ending Balance	6,193,000	4,767,000
Accrued interest receivable	1,137,000	1,034,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	75,082,000	48,038,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	61,333,000	45,384,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group, Ending Balance	6,193,000	4,767,000
Loans Receivable, Fair Value Disclosure	337,710,000	290,113,000
Federal Home Loan Bank stock	404,000	355,000
Accrued interest receivable	1,137,000	1,034,000
Deposits	438,264,000	349,067,000
Off-Balance Sheet financial instruments
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	75,082,000	48,038,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	61,333,000	45,384,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group, Ending Balance	6,296,000	4,842,000
Loans Receivable, Fair Value Disclosure	342,435,000	283,068,000
Federal Home Loan Bank stock	404,000	355,000
Accrued interest receivable	1,137,000	1,034,000
Deposits	439,208,000	349,416,000
Off-Balance Sheet financial instruments

Note 13 - Dividend Restrictio_2

Note 13 - Dividend Restrictions (Details Textual) - Subsequent Event [Member]	Jan. 31, 2020$ / shares
Common Stock, Dividends, Per Share, Declared	$ 0.12
Dividends Payable, Date to be Paid	Mar. 3, 2020
Dividends Payable, Date of Record	Feb. 13, 2020

Note 14 - Regulatory Matters (D

Note 14 - Regulatory Matters (Details Textual)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Capital Conservation Buffer Rate	2.50%	1.875%

Note 14 - Regulatory Matters -

Note 14 - Regulatory Matters - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Tier 1 Leverage ratio to Average Assets, actual amount	$ 46,752	$ 37,805
Tier 1 Leverage ratio to Average Assets, actual percentage	9.31%	9.28%
Tier 1 Leverage ratio to Average Assets, for capital adequacy purposes, amount	$ 20,084	$ 16,288
Tier 1 Leverage ratio to Average Assets, for capital adequacy purposes, percentage	4.00%	4.00%
Tier 1 Leverage ratio to Average Assets, for well capitalized purposes, amount	$ 25,105	$ 20,360
Tier 1 Leverage ratio to Average Assets, for well capitalized purposes, percentage	5.00%	5.00%
Common Equity Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 46,752	$ 37,805
Common Equity Tier 1 Capital to Risk-Weighted Assets, actual percentage	13.24%	12.90%
Common Equity Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 15,885	$ 13,190
Common Equity Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	4.50%	4.50%
Common Equity Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 22,945	$ 19,052
Common Equity Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	6.50%	6.50%
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 46,752	$ 37,805
Tier 1 Capital to Risk-Weighted Assets, actual percentage	13.24%	12.90%
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 21,180	$ 17,587
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	6.00%	6.00%
Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 28,240	$ 23,449
Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	8.00%	8.00%
Total Capital to Risk-Weighted Assets, actual amount	$ 51,165	$ 41,466
Total Capital to Risk-Weighted Assets, actual percentage	14.49%	14.15%
Total Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 28,240	$ 23,449
Total Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	8.00%	8.00%
Total Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 35,300	$ 29,311
Total Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	10.00%	10.00%

Note 16 - Earnings Per Share -

Note 16 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net earnings, basic	$ 3,542	$ 4,042
Weighted-average Shares, basic (in shares)	3,155,891	3,125,689
Net earnings, per share amount, basic (in dollars per share)	$ 1.12	$ 1.29
Effect of dilutive securities-incremental shares from assumed conversion of options (in shares)	3,744	5,857
Net earnings, diluted	$ 3,542	$ 4,042
Weighted-average Shares, diluted (in shares)	3,159,635	3,131,546
Net earnings, per share amount, diluted (in dollars per share)	$ 1.12	$ 1.29

Note 17 - Parent Company Only_3

Note 17 - Parent Company Only Financial Information - Schedule of Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other assets	$ 726	$ 530
Total assets	500,861	401,702
Stockholders' equity	55,868	50,820	$ 46,973
Total liabilities and stockholders' equity	500,861	401,702
Parent Company [Member]
Cash	8,895	13,551
Investment in subsidiary	46,953	37,249
Other assets	20	20
Total assets	55,868	50,820
Stockholders' equity	55,868	50,820
Total liabilities and stockholders' equity	$ 55,868	$ 50,820

Note 17 - Parent Company Only_4

Note 17 - Parent Company Only Financial Information - Schedule of Condensed Statement of Earnings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income tax benefit	$ (1,092)	$ (1,220)
Net earnings	3,542	4,042
Parent Company [Member]
Revenues
Expenses	(501)	(632)
Income tax benefit	122	160
Loss before earnings of subsidiary	(379)	(472)
Net earnings of subsidiary	3,921	4,514
Net earnings	$ 3,542	$ 4,042

Note 17 - Parent Company Only_5

Note 17 - Parent Company Only Financial Information - Schedule of Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net earnings	$ 3,542	$ 4,042
Stock-based compensation expense	177	145
Net cash used in operating activities	3,795	6,576
Proceeds from stock options exercised	5	172
Net cash provided by financing activities	90,952	50,630
Net cash used by investing activities	(67,703)	(41,565)
Net decrease in cash	27,044	15,641
Cash and cash equivalents at beginning of year	48,038	32,397
Cash and cash equivalents at end of year	75,082	48,038
Accumulated other comprehensive income (loss), net change in unrealized gain (loss) on debt securities available for sale, net of taxes	756	(260)
Parent Company [Member]
Net earnings	3,542	4,042
Equity in earnings of subsidiary	(3,921)	(4,514)
Stock-based compensation expense	72	60
Net cash used in operating activities	(307)	(412)
Proceeds from sale of common stock	873
Proceeds from stock options exercised	5	172
Net cash provided by financing activities	878	172
Cash dividend paid	(377)	(312)
Cash infusion to subsidiary	(4,850)
Net cash used by investing activities	(5,227)	(312)
Net decrease in cash	(4,656)	(552)
Cash and cash equivalents at beginning of year	13,551	14,103
Cash and cash equivalents at end of year	8,895	13,551
Accumulated other comprehensive income (loss), net change in unrealized gain (loss) on debt securities available for sale, net of taxes	756	(260)
Stock-based compensation expense of subsidiary	$ 177	$ 145

Note 18 - Subsequent Events (De

Note 18 - Subsequent Events (Details Textual) - Subsequent Event [Member] - USD ($)	Mar. 20, 2020	Mar. 11, 2020
Stock Repurchase Program, Authorized Amount		$ 2,000,000
Stock Repurchased and Retired During Period, Shares	71,814
Stock Repurchased and Retired, Weighted Average Price Per Share	$ 14.80
Stock Repurchased and Retired, Cost	$ 1,062,868