Prime Meridian Holding (PMHG) 10-Q 11 Aug 20 2020 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 05, 2020
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 Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		3,117,842
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 6,993	$ 9,024
Federal funds sold	13,809	24,613
Interest-bearing deposits	41,505	41,445
Total cash and cash equivalents	62,307	75,082
Debt securities available for sale	66,898	61,333
Loans held for sale	8,949	6,193
Loans, net of allowance for loan losses of $5,248 and $4,414	442,574	337,710
Federal Home Loan Bank stock	493	404
Premises and equipment, net	8,187	7,744
Right of use lease asset	3,568	3,669
Accrued interest receivable	1,723	1,137
Bank-owned life insurance	6,581	6,501
Other real estate owned	234
Other assets	658	1,088
Total assets	602,172	500,861
Liabilities:
Noninterest-bearing demand deposits	146,542	96,807
Savings, NOW and money-market deposits	323,523	272,283
Time deposits	66,449	69,174
Total deposits	536,514	438,264
Other borrowings		1,254
Official checks	3,373	606
Operating lease liability	3,669	3,758
Other liabilities	1,584	1,111
Total liabilities	545,140	444,993
Stockholders' equity:
Preferred stock, undesignated; 1,000,000 shares authorized, none issued or outstanding
Common stock, $.01 par value; 9,000,000 shares authorized, 3,116,499 and 3,191,288 issued and outstanding	31	32
Additional paid-in capital	38,412	39,456
Retained earnings	17,233	16,180
Accumulated other comprehensive income	1,356	200
Total stockholders' equity	57,032	55,868
Total liabilities and stockholders' equity	$ 602,172	$ 500,861

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans receivable, allowance for loan losses	$ 5,248	$ 4,414
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)	3,116,499	3,191,288
Common stock, shares outstanding (in shares)	3,116,499	3,191,288

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest income:
Loans		$ 4,844	$ 3,916	$ 9,273	$ 7,772
Securities		428	333	812	629
Other		62	361	294	709
Total interest income		5,334	4,610	10,379	9,110
Interest expense:
Deposits		737	851	1,636	1,664
Other borrowings		28		31
Total interest expense		765	851	1,667	1,664
Net interest income		4,569	3,759	8,712	7,446
Provision for loan losses		1,227	179	1,863	344
Net interest income after provision for loan losses		3,342	3,580	6,849	7,102
Noninterest income:
Mortgage banking revenue		219	197	367	303
Income from bank-owned life insurance		40	45	80	90
Gain on sale of debt securities available for sale					7
Other income		32	38	66	72
Total noninterest income		414	412	781	737
Noninterest expense:
Salaries and employee benefits		1,546	1,579	3,164	3,136
Occupancy and equipment		381	427	719	702
Professional fees		83	106	174	183
Marketing		100	194	301	393
FDIC assessment		67	44	119	87
Software maintenance, amortization and other		201	167	394	319
Other		441	466	886	869
Total noninterest expense		2,819	2,983	5,757	5,689
Earnings before income taxes		937	1,009	1,873	2,150
Income taxes		217	245	437	519
Net earnings		$ 720	$ 764	$ 1,436	$ 1,631
Earnings per common share:
Basic (in dollars per share)		$ 0.23	$ 0.24	$ 0.45	$ 0.52
Diluted (in dollars per share)		0.23	0.24	0.45	0.52
Cash dividends per common share(1) (in dollars per share)	[1]			$ 0.12	$ 0.12
Deposit Account [Member]
Noninterest income:
Noninterest income		$ 44	$ 68	$ 108	$ 139
Debit Card [Member]
Noninterest income:
Noninterest income		$ 79	$ 64	$ 160	$ 126
[1]	Annual cash dividends were paid during the first quarters of 2019 and 2020

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net earnings	$ 720	$ 764	$ 1,436	$ 1,631
Unrealized gain arising during the period	729	653	1,547	1,081
Reclassification adjustment for realized gain		(7)		(7)
Net change in unrealized gain	729	646	1,547	1,074
Deferred income tax expense on above change	(184)	(164)	(391)	(272)
Total other comprehensive income	545	482	1,156	802
Comprehensive income	$ 1,265	$ 1,246	$ 2,592	$ 2,433

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 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, 2018	3,138,945
Balance at Dec. 31, 2018	$ 31	$ 38,330	$ 13,015	$ (556)	$ 50,820
Net earnings			867		867
Dividends paid (unaudited)			(377)		(377)
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				320	320
Common stock issued as compensation to directors (unaudited) (in shares)	595
Common stock issued as compensation to directors (unaudited)		12			12
Issuance of restricted stock (unaudited) (in shares)	3,600
Issuance of restricted stock (unaudited)
Stock-based compensation (unaudited)		42			42
Balance (in shares) at Mar. 31, 2019	3,143,140
Balance at Mar. 31, 2019	$ 31	38,384	13,505	(236)	51,684
Balance (in shares) at Dec. 31, 2018	3,138,945
Balance at Dec. 31, 2018	$ 31	38,330	13,015	(556)	50,820
Net earnings					1,631
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)					802
Balance (in shares) at Jun. 30, 2019	3,144,456
Balance at Jun. 30, 2019	$ 31	38,450	14,269	246	52,996
Balance (in shares) at Mar. 31, 2019	3,143,140
Balance at Mar. 31, 2019	$ 31	38,384	13,505	(236)	51,684
Net earnings			764		764
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				482	482
Common stock issued as compensation to directors (unaudited) (in shares)	1,016
Common stock issued as compensation to directors (unaudited)		19			19
Stock-based compensation (unaudited)		44			44
Stock options exercised (unaudited) (in shares)	300
Stock options exercised (unaudited)		3			3
Stock options exercised (unaudited)		3			3
Balance (in shares) at Jun. 30, 2019	3,144,456
Balance at Jun. 30, 2019	$ 31	38,450	14,269	246	$ 52,996
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
Net earnings			716		716
Dividends paid (unaudited)			(383)		(383)
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				611	611
Common stock issued as compensation to directors (unaudited) (in shares)	995
Common stock issued as compensation to directors (unaudited)		20			20
Issuance of restricted stock (unaudited) (in shares)	3,835
Issuance of restricted stock (unaudited)
Stock-based compensation (unaudited)		51			51
Stock options exercised (unaudited) (in shares)	2,000
Stock options exercised (unaudited)		25			25
Stock options exercised (unaudited)		25			25
Common stock retirement (unaudited) (in shares)	(82,784)
Common stock retirement (unaudited)	$ (1)	(1,216)			(1,217)
Balance (in shares) at Mar. 31, 2020	3,115,334
Balance at Mar. 31, 2020	$ 31	38,336	16,513	811	$ 55,691
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
Net earnings					1,436
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)					$ 1,156
Balance (in shares) at Jun. 30, 2020	3,116,499				3,116,499
Balance at Jun. 30, 2020	$ 31	38,412	17,233	1,356	$ 57,032
Balance (in shares) at Mar. 31, 2020	3,115,334
Balance at Mar. 31, 2020	$ 31	38,336	16,513	811	55,691
Net earnings			720		720
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				545	545
Common stock issued as compensation to directors (unaudited) (in shares)	1,165
Common stock issued as compensation to directors (unaudited)		21			21
Stock-based compensation (unaudited)		55			$ 55
Balance (in shares) at Jun. 30, 2020	3,116,499				3,116,499
Balance at Jun. 30, 2020	$ 31	$ 38,412	$ 17,233	$ 1,356	$ 57,032

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net earnings	$ 1,436	$ 1,631
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	322	319
Provision for loan losses	1,863	344
Net amortization of deferred loan costs	19	267
Gain on sale of debt securities available for sale		(7)
Amortization of premiums and discounts on debt securities available for sale	192	142
Gain on sale of loans held for sale	(367)	(303)
Proceeds from the sale of loans held for sale	65,541	39,414
Loans originated as held for sale	(67,930)	(40,567)
Stock issued as compensation	41	31
Stock-based compensation expense	106	86
Income from bank-owned life insurance	(80)	(90)
Net increase in accrued interest receivable	(586)	(66)
Net change in operating leases	12	59
Net decrease (increase) in other assets	39	(326)
Net increase in other liabilities and official checks	3,240	995
Net cash provided by operating activities	3,848	1,929
Cash flows from investing activities:
Loan originations, net of principal repayments	(106,980)	(10,447)
Purchase of debt securities available for sale	(13,726)	(13,806)
Principal repayments of debt securities available for sale	6,998	2,680
Proceeds from sale of debt securities available for sale		4,245
Maturities and calls of debt securities available for sale	2,518	773
Purchase of Federal Home Loan Bank stock	(89)	(49)
Purchase of premises and equipment	(765)	(2,974)
Net cash used in investing activities	(112,044)	(19,578)
Cash flows from financing activities:
Net increase in deposits	98,250	41,257
Change in other borrowings	(1,254)	770
Proceeds from stock options exercised	25	3
Common stock retirement	(1,217)
Common stock dividends paid	(383)	(377)
Net cash provided by financing activities	95,421	41,653
Net (decrease) increase in cash and cash equivalents	(12,775)	24,004
Cash and cash equivalents at beginning of period	75,082	48,038
Cash and cash equivalents at end of period	62,307	72,042
Supplemental disclosure of cash flow information
Interest	1,686	1,656
Income taxes	60	750
Noncash transactions:
Accumulated other comprehensive income, net change in unrealized gain on debt securities available for sale, net of taxes	1,156	802
Loans transferred to other real estate owned	$ 234

Note 1 - General

Note 1 - General	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 General Prime Meridian Holding Company (“PMHG”) owns 100% four The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States (“GAAP”) and to general practices within the banking industry. The condensed consolidated financial statements in the Quarterly Report on Form 10 not 10 not December 31, 2019 10 March 24, 2020. three six June 30, 2020 not Comprehensive Incom e . S tock - Based Compensation. Mortgage Banking Revenue. Debit card / ATM Revenue. Reclassifications. Recent Accounting Standards Update. In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 December 15, 2019, October 16, 2019, January, 2023 In August 2018, 2018 13, Fair Value Measurement (Topic 820 2018 13" 2018 13 2018 13 December 15, 2019. no

Note 2 - Debt Securities Availa

Note 2 - Debt Securities Available for Sale	6 Months Ended
	Jun. 30, 2020
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 are classified according to management's intent. The amortized cost of debt securities and fair values are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At June 30, 2020 U.S. Government agency securities $ 275 $ 4 $ - $ 279 Municipal securities 11,824 567 - 12,391 Mortgage-backed securities 47,497 1,534 (30 ) 49,001 Asset-backed securities 5,486 - (259 ) 5,227 Total $ 65,082 $ 2,105 $ (289 ) $ 66,898 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 The following table summarizes the sale of debt securities available for sale. Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2020 2019 2020 2019 Proceeds from sale of debt securities $ - $ - $ - $ 4,245 Gross gains - - - 27 Gross losses - - - (20 ) Net gain on sale of debt securities $ - $ - $ - $ 7 Debt securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows: Less Than Twelve Months Over Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At June 30, 2020 Mortgage-backed securities $ (17 ) $ 3,370 $ (13 ) $ 2,060 Asset-backed securities (175 ) 3,311 (84 ) 1,916 Total $ (192 ) $ 6,681 $ (97 ) $ 3,976 At December 31, 2019 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 The unrealized losses at June 30, 2020 December 31, 2019 nine thirteen not not not 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 June 30, 2020 U.S. Government agency securities $ 279 $ - $ 279 $ - Municipal securities 12,391 - 12,391 - Mortgage-backed securities 49,001 - 49,001 - Asset-backed securities 5,227 - 5,227 - Total $ 66,898 $ - $ 66,898 $ - 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 $ - The scheduled maturities of debt securities are as follows: At June 30, 2020 Amortized Fair Cost Value (in thousands) Due in less than one year $ 361 $ 361 Due in one to five years 725 734 Due in five to ten years 3,579 3,854 Due after ten years 12,920 12,948 Mortgage-backed securities 47,497 49,001 Total $ 65,082 $ 66,898

Note 3 - Loans

Note 3 - Loans	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 3 Loans Segments and classes of loans, excluding loans held for sale, are as follows: At June 30, At December 31, (in thousands) 2020 2019 Real estate mortgage loans: Commercial $ 108,970 $ 94,728 Residential and home equity 141,932 135,913 Construction 42,142 33,583 Total real estate mortgage loans 293,044 264,224 Commercial loans 149,437 69,770 Consumer and other loans 7,186 7,631 Total loans 449,667 341,625 Add (deduct): Net deferred loan (fees) costs (1,845 ) 499 Allowance for loan losses (5,248 ) (4,414 ) Loans, net $ 442,574 $ 337,710 An analysis of the change in allowance for loan losses follows: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other Unallocated (in thousands) Commercial Equity Construction Loans Loans Reserves Total Three Month Period Ended June 30, 2020 Beginning balance $ 1,182 $ 1,612 $ 472 $ 1,315 $ 126 $ - $ 4,707 Provision (credit) for loan losses 31 58 42 882 (22 ) 236 1,227 Net (charge-offs) recoveries - (33 ) - (661 ) 8 - (686 ) Ending balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Three Month Period Ended June 30, 2019 Beginning balance $ 847 $ 1,429 $ 362 $ 1,068 $ 94 $ - $ 3,800 Provision (credit) for loan losses (34 ) 29 63 133 (12 ) - 179 Net (charge-offs) recoveries - - - 24 3 - 27 Ending balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 Six Month Period Ended June 30, 2020 Beginning balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ - $ 4,414 Provision (credit) for loan losses 167 112 99 1,228 21 236 1,863 Net (charge-offs) recoveries - (48 ) - (976 ) (5 ) - (1,029 ) Ending balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Six Month Period Ended June 30, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ - $ 3,661 Provision (credit) for loan losses (104 ) 61 34 347 6 - 344 Net (charge-offs) recoveries - - - 2 (1 ) - 1 Ending balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 At June 30, 2020 Individually evaluated for impairment: Recorded investment $ 119 $ 1,089 $ - $ 642 $ 37 $ - $ 1,887 Balance in allowance for loan losses $ - $ - $ - $ 252 $ 37 $ - $ 289 Collectively evaluated for impairment: Recorded investment $ 108,851 $ 140,843 $ 42,142 $ 148,795 $ 7,149 $ - $ 447,780 Balance in allowance for loan losses $ 1,213 $ 1,637 $ 514 $ 1,284 $ 75 $ 236 $ 4,959 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 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 15 30 Construction. one two one ten not third may Commercial Loans. not third five may not one 504 7A 504 7A may may Cons umer and Other Loans . may not not 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 June 30, 2020: Grade: Pass $ 107,372 $ 139,625 $ 41,291 $ 147,316 $ 7,121 $ 442,725 Special mention 1,479 1,218 851 1,238 40 4,826 Substandard 119 1,089 - 883 25 2,116 Doubtful - - - - - - Loss - - - - - - Total $ 108,970 $ 141,932 $ 42,142 $ 149,437 $ 7,186 $ 449,667 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 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. Furthermore, construction loans, nonowner-occupied commercial real estate loans, and commercial loan 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 Age analysis of past due loans is as follows: 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 June 30, 2020: Real estate mortgage loans: Commercial $ - - $ - $ - $ 108,970 $ - $ 108,970 Residential and home equity - - - - 140,843 1,089 141,932 Construction - - - - 42,142 - 42,142 Commercial loans 4 1 - 5 148,790 642 149,437 Consumer and other loans - - - - 7,161 25 7,186 Total $ 4 $ 1 $ - $ 5 $ 447,906 $ 1,756 $ 449,667 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 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 June 30, 2020: Real estate mortgage loans: Commercial $ 119 $ 119 $ - $ - $ - $ 119 $ 119 $ - Residential and home equity 1,089 1,089 - - - 1,089 1,089 - Commercial loans - - 642 642 252 642 642 252 Consumer and other loans - - 37 37 37 37 37 37 Total $ 1,208 $ 1,208 $ 679 $ 679 $ 289 $ 1,887 $ 1,887 $ 289 At December 31, 2019: Real estate mortgage loans: 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 The average net investment in impaired loans and interest income recognized and received on impaired loans are as follows: Three Months Ended June 30, 2020 2019 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 298 $ 5 $ 4 $ 611 $ 8 $ 8 Residential and home equity 929 - - 439 - 2 Commercial loans 1,505 3 3 455 4 6 Consumer 26 - - 19 - - Total $ 2,758 $ 8 $ 7 $ 1,524 $ 12 $ 16 Six Months Ended June 30, 2020 2019 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 484 $ 12 $ 11 $ 611 $ 16 $ 16 Residential and home equity 906 - - 430 4 5 Construction - - - - 1 1 Commercial loans 1,531 7 7 343 4 6 Consumer 13 - - 14 - - Total $ 2,934 $ 19 $ 18 $ 1,398 $ 25 $ 28 There were no June 30, 2020 2019 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 19 not no three six June 30, 2020 two three six June 30, 2019 Three Months Ended June 30, 2020 2019 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 ( dollars in thousands) Troubled Debt Restructurings - Modified principal Construction $ - $ - $ - $ - - $ - $ - $ - Residential and Home Equity - - - - 1 66 66 66 Commercial - - - - 1 60 60 60 Total $ - $ - $ - $ - 2 $ 126 $ 126 $ 126 Six Months Ended June 30, 2020 2019 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 ( dollars in thousands) Troubled Debt Restructurings - Modified principal Construction - $ - $ - $ - - $ - $ - $ - Residential and Home Equity - - - - 1 66 66 66 Commercial - - - - 1 60 60 60 Total - $ - $ - $ - 2 $ 126 $ 126 $ 126 At June 30, 2020, $276,000 three six June 30, 2019 not

Note 4 - Regulatory Capital

Note 4 - Regulatory Capital	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 4 Regulatory Capital 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. 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 June 30, 2020, 2.50%. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and percentages (set forth in the table below) of total and Tier 1 1 June 30, 2020, As of June 30, 2020, 1 1 no For Capital Adequacy For Well Capitalized Actual Purposes Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of June 30, 2020 Tier 1 Leverage Capital $ 52,489 8.99 % $ 23,358 4.00 % $ 29,198 5.00 % Common Equity Tier 1 Risk-based Capital 52,489 13.80 17,115 4.50 24,722 6.50 Tier 1 Risk-based Capital 52,489 13.80 22,820 6.00 30,426 8.00 Total Risk-based Capital 57,248 15.05 30,426 8.00 38,033 10.00 As of December 31, 2019 Tier 1 Leverage Capital $ 46,752 9.31 % $ 20,084 4.00 % $ 25,105 5.00 % Common Equity Tier 1 Risk-based Capital 46,752 13.24 15,885 4.50 22,945 6.50 Tier 1 Risk-based Capital 46,752 13.24 21,180 6.00 28,240 8.00 Total Risk-based Capital 51,165 14.49 28,240 8.00 35,300 10.00

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	( 5 ) Earnings Per Share Earnings per share, (“EPS”) have been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three six June 30, 2020 2019 2020 2019 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending June 30: Basic EPS: Net earnings $ 720 3,116,307 $ 0.23 $ 764 3,144,068 $ 0.24 Effect of dilutive securities-incremental shares from assumed conversion of options 63 6,068 Diluted EPS: Net earnings $ 720 3,116,370 $ 0.23 $ 764 3,150,136 $ 0.24 Six Months Ended June 30: Basic EPS: Net earnings $ 1,436 3,150,082 $ 0.45 $ 1,631 3,142,244 $ 0.52 Effect of dilutive securities-incremental shares from assumed conversion of options 158 4,634 Diluted EPS: Net earnings $ 1,436 3,150,240 $ 0.45 $ 1,631 3,146,878 $ 0.52

Note 6 - Stock Option Plans

Note 6 - Stock Option Plans	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	( 6 ) Stock Option Plans 2015 The 2015 “2015 May 20, 2015 2015 may 500,000, no 15% As of June 30, 2020, 287,267 7,435 2015 172,708 six June 30, 2020 2019 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term (years) Value Outstanding at December 31, 2018 263,457 $ 19.78 Options forfeited (12,440 ) $ 20.09 Outstanding at June 30, 2019 251,017 $ 19.77 Options granted 22,000 $ 20.21 Options forfeited (750 ) $ 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 Options granted 15,000 $ 20.05 Options forfeited (110 ) $ 20.09 Outstanding at June 30, 2020 287,157 $ 19.82 7.41 $ - Exercisable at June 30, 2020 71,797 $ 18.97 5.64 $ - The fair value of shares vested and recognized as compensation expense was $55,000 $44,000 three June 30, 2020 2019 $106,000 $86,000 six June 30, 2020 2019, $12,000 $6,000 three June 30, 2020 2019 $22,000 $8,000 six June 30, 2020 2019 three June 30, 2020 2019 six June 30, 2020 2019 $5,000 $6,000, $10,000 $10,000, June 30, 2020, $502,000 2015 3.03 The fair value of each option granted during the six June 30, 2020 June 30, 2020 Weighted average risk-free interest rate 1.46 % Expected dividend yield 0.60 % Expected stock volatility 14.69 % Expected life in years 6.5 Per share fair value of options issued during period $ 3.26 The Company used the guidance in Staff Accounting Bulletin No. 107 2007 As of May 20, 2015, no 2007 “2007 2007 2007 six June 30, 2020 2019 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term (years) Value Outstanding at December 31, 2018 4,700 $ 11.37 Options exercised (300 ) $ 10.00 Outstanding at June 30, 2019 4,400 $ 11.46 Options forfeited (2,000 ) $ 10.72 Options exercised (200 ) $ 10.00 Outstanding at December 31, 2019 2,200 $ 12.27 Options exercised (2,000 ) $ 12.50 Outstanding at June 30, 2020 200 $ 10.00 0.51 $ 1,000 Exercisable at June 30, 2020 200 $ 10.00 0.51 $ 1,000 At June 30, 2020, no 2007 Director s' Plan In 2012, 110% no 74,805 three June 30, 2020 2019 1,165 1,016 110% $21,000 $19,000, six June 30, 2020 2019, 2,160 1,611 110% $41,000 $31,000, June 30, 2020, 49,480 Restricted Stock During the six June 30, 2020 2019, 3,835 3,600 2019 2018, third February 21, 2020 2019 January 16, 2021 2020. Wtd-Avg Grant-Date Number of Fair Value Grant-Date Fair Shares per Share Value Non-vested restricted stock outstanding at December 31, 2018 - $ - $ - Restricted stock issued in 2019 3,600 $ 18.52 $ 67,000 Non-vested restricted stock outstanding at June 30, 2019 and December 31, 2019 3,600 $ 18.52 $ 67,000 Restricted stock issued in 2020 3,835 $ 20.40 $ 78,000 Restricted stock shares vested in 2020 (1,200 ) $ (18.52 ) $ (22,000 ) Non-vested restricted stock outstanding at June 30, 2020 6,235 $ 19.72 $ 123,000 During the six June 30, 2020 2019, $22,000 $8,000 , June 30, 2020, $104,000 2.3

Note 7 - Federal Home Loan Bank

Note 7 - Federal Home Loan Bank Advances	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Federal Home Loan Bank, Advances [Text Block]	( 7 Federal Home Loan Bank Advances Federal Home Loan Bank (“FHLB”) advances are collateralized by a blanket lien on qualifying residential real estate, commercial real estate, home equity lines of credit and multi-family loans. Under this blanket lien, the Company could borrow up to $70.0 June 30, 2020. June 30, 2020 December 31, 2019 no

Note 8 - Fair Value of Financia

Note 8 - Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 8 Fair Value of Financial Instruments The estimated fair values and fair value measurement method with respect to the Company's financial instruments were as follows: At June 30, 2020 At December 31, 2019 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 62,307 $ 62,307 $ 75,082 $ 75,082 Debt securities available for sale 2 66,898 66,898 61,333 61,333 Loans held for sale 3 8,949 9,095 6,193 6,296 Loans, net 3 442,574 448,733 337,710 342,435 Federal Home Loan Bank stock 3 493 493 404 404 Accrued interest receivable 3 1,723 1,723 1,137 1,137 Financial liabilities: Deposits 3 536,514 537,496 438,624 439,208 Other borrowings 3 - - 1,254 1,254 Off-Balance Sheet Items 3 - - - - Discussion regarding the assumptions used to compute the estimated fair values of financial instruments can be found in Note 1 10 December 31, 2019

Note 9 - Off-balance Sheet Fina

Note 9 - Off-balance Sheet Financial Instruments	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Off-balance Sheet Financial Instruments [Text Block]	( 9 ) Off- B alance S heet 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 Standby letters of credit are written conditional commitments issued by the Company to guarantee the performance of a client to a third third one not third $650,000 June 30, 2020. 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. The maximum potential amount of future payments we could be required to make for off-balance sheet financial instruments is represented by the dollar amount disclosed in the table below. At June 30, 2020 (in thousands) Commitments to extend credit $ 10,703 Construction loans in process $ 15,120 Unused lines of credit $ 54,580 Standby financial letters of credit $ 2,347 Standby performance letters of credit $ 318 Guaranteed accounts $ 1,383

Note 10 - Contingency

Note 10 - Contingency	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 10 Contingency The COVID- 19 19 The Company took action during the first second March, ten 10 June 5, 2020. The Company is supporting small business owners by making loans through the Small Business Administration Paycheck Protection Program ("PPP"). As of June 30, 2020, 855 $81.5 100% June 30, 2020, 70 $42.4 88.9% $42.4 11.5% June 30, 2020, 25 $7.8 Seven $9.5 second 3rd 38 third 19 not As of June 30, 2020, (dollars in thousands) Percent Average Full Weighted of Number of Dollar Balance Interest Interest Payment Average Total Loan Loans Amount Loans Loans Only Only Deferral LTV Loans Collateral Collateral or Loan Type Modified Modified Modified 3 Months 4-6 Months 3 Months Modified or Type 1-4 family owner occupied 15 $ 7,558 $ 504 $ - $ - $ 7,558 75.0 % 17.8 % 1-4 family non-owner occupied 9 3,035 337 948 167 1,920 67.0 7.1 CRE owner occupied 13 10,730 825 - - 10,730 61.0 25.3 CRE non-owner occupied 9 16,407 1,823 - 1,737 14,670 62.0 38.7 Commercial & Industrial 15 3,898 260 417 672 2,809 N/A 9.2 Construction/Land 7 781 112 23 - 758 47.0 1.8 Consumer 2 29 15 29 - - N/A 0.1 Total 70 $ 42,438 $ 606 $ 1,417 $ 2,576 $ 38,445 - 100.0 % Details about the Company's PPP loan portfolio are included in the following table: (dollars in thousands) Total Avg. Loan % of Category Balance Balance Total Hospitality $ 6,368 $ 75 7.8 % Real estate services and construction 13,033 72 16.0 Wholesale and retail trade and manufacturing 10,861 88 13.3 Financial, professional, and information services 23,234 113 28.5 Administrative, religious and other services 16,334 86 20.1 Healthcare services 11,621 168 14.3 TOTAL $ 81,451 $ 95 100.0 %

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Prime Meridian Holding Company (“PMHG”) owns 100% four The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States (“GAAP”) and to general practices within the banking industry. The condensed consolidated financial statements in the Quarterly Report on Form 10 not 10 not December 31, 2019 10 March 24, 2020. three six June 30, 2020 not
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Incom e .
Share-based Payment Arrangement, Director [Policy Text Block]	S tock - Based Compensation.
Mortgage Banking Activity [Policy Text Block]	Mortgage Banking Revenue.
Debit Card and ATM Revenue, Policy [Policy Text Block]	Debit card / ATM Revenue.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Standards Update. In June 2016, No. 2016 13, Financial Instruments-Credit Losses (Topic 326 December 15, 2019, October 16, 2019, January, 2023 In August 2018, 2018 13, Fair Value Measurement (Topic 820 2018 13" 2018 13 2018 13 December 15, 2019. no

Note 2 - Debt Securities Avai_2

Note 2 - Debt Securities Available for Sale (Tables)	6 Months Ended
	Jun. 30, 2020
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 June 30, 2020 U.S. Government agency securities $ 275 $ 4 $ - $ 279 Municipal securities 11,824 567 - 12,391 Mortgage-backed securities 47,497 1,534 (30 ) 49,001 Asset-backed securities 5,486 - (259 ) 5,227 Total $ 65,082 $ 2,105 $ (289 ) $ 66,898 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
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2020 2019 2020 2019 Proceeds from sale of debt securities $ - $ - $ - $ 4,245 Gross gains - - - 27 Gross losses - - - (20 ) Net gain on sale of debt securities $ - $ - $ - $ 7
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less Than Twelve Months Over Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At June 30, 2020 Mortgage-backed securities $ (17 ) $ 3,370 $ (13 ) $ 2,060 Asset-backed securities (175 ) 3,311 (84 ) 1,916 Total $ (192 ) $ 6,681 $ (97 ) $ 3,976 At December 31, 2019 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
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 June 30, 2020 U.S. Government agency securities $ 279 $ - $ 279 $ - Municipal securities 12,391 - 12,391 - Mortgage-backed securities 49,001 - 49,001 - Asset-backed securities 5,227 - 5,227 - Total $ 66,898 $ - $ 66,898 $ - 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 $ -
Available-for-sale Securities [Table Text Block]	At June 30, 2020 Amortized Fair Cost Value (in thousands) Due in less than one year $ 361 $ 361 Due in one to five years 725 734 Due in five to ten years 3,579 3,854 Due after ten years 12,920 12,948 Mortgage-backed securities 47,497 49,001 Total $ 65,082 $ 66,898

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	At June 30, At December 31, (in thousands) 2020 2019 Real estate mortgage loans: Commercial $ 108,970 $ 94,728 Residential and home equity 141,932 135,913 Construction 42,142 33,583 Total real estate mortgage loans 293,044 264,224 Commercial loans 149,437 69,770 Consumer and other loans 7,186 7,631 Total loans 449,667 341,625 Add (deduct): Net deferred loan (fees) costs (1,845 ) 499 Allowance for loan losses (5,248 ) (4,414 ) Loans, net $ 442,574 $ 337,710
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other Unallocated (in thousands) Commercial Equity Construction Loans Loans Reserves Total Three Month Period Ended June 30, 2020 Beginning balance $ 1,182 $ 1,612 $ 472 $ 1,315 $ 126 $ - $ 4,707 Provision (credit) for loan losses 31 58 42 882 (22 ) 236 1,227 Net (charge-offs) recoveries - (33 ) - (661 ) 8 - (686 ) Ending balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Three Month Period Ended June 30, 2019 Beginning balance $ 847 $ 1,429 $ 362 $ 1,068 $ 94 $ - $ 3,800 Provision (credit) for loan losses (34 ) 29 63 133 (12 ) - 179 Net (charge-offs) recoveries - - - 24 3 - 27 Ending balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 Six Month Period Ended June 30, 2020 Beginning balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ - $ 4,414 Provision (credit) for loan losses 167 112 99 1,228 21 236 1,863 Net (charge-offs) recoveries - (48 ) - (976 ) (5 ) - (1,029 ) Ending balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Six Month Period Ended June 30, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ - $ 3,661 Provision (credit) for loan losses (104 ) 61 34 347 6 - 344 Net (charge-offs) recoveries - - - 2 (1 ) - 1 Ending balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 At June 30, 2020 Individually evaluated for impairment: Recorded investment $ 119 $ 1,089 $ - $ 642 $ 37 $ - $ 1,887 Balance in allowance for loan losses $ - $ - $ - $ 252 $ 37 $ - $ 289 Collectively evaluated for impairment: Recorded investment $ 108,851 $ 140,843 $ 42,142 $ 148,795 $ 7,149 $ - $ 447,780 Balance in allowance for loan losses $ 1,213 $ 1,637 $ 514 $ 1,284 $ 75 $ 236 $ 4,959 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
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 June 30, 2020: Grade: Pass $ 107,372 $ 139,625 $ 41,291 $ 147,316 $ 7,121 $ 442,725 Special mention 1,479 1,218 851 1,238 40 4,826 Substandard 119 1,089 - 883 25 2,116 Doubtful - - - - - - Loss - - - - - - Total $ 108,970 $ 141,932 $ 42,142 $ 149,437 $ 7,186 $ 449,667 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
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 June 30, 2020: Real estate mortgage loans: Commercial $ - - $ - $ - $ 108,970 $ - $ 108,970 Residential and home equity - - - - 140,843 1,089 141,932 Construction - - - - 42,142 - 42,142 Commercial loans 4 1 - 5 148,790 642 149,437 Consumer and other loans - - - - 7,161 25 7,186 Total $ 4 $ 1 $ - $ 5 $ 447,906 $ 1,756 $ 449,667 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
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 June 30, 2020: Real estate mortgage loans: Commercial $ 119 $ 119 $ - $ - $ - $ 119 $ 119 $ - Residential and home equity 1,089 1,089 - - - 1,089 1,089 - Commercial loans - - 642 642 252 642 642 252 Consumer and other loans - - 37 37 37 37 37 37 Total $ 1,208 $ 1,208 $ 679 $ 679 $ 289 $ 1,887 $ 1,887 $ 289 At December 31, 2019: Real estate mortgage loans: 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
Impaired Financing Receivables, Average Recorded Investment, and Interest Income Recognized [Table Text Block]	Three Months Ended June 30, 2020 2019 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 298 $ 5 $ 4 $ 611 $ 8 $ 8 Residential and home equity 929 - - 439 - 2 Commercial loans 1,505 3 3 455 4 6 Consumer 26 - - 19 - - Total $ 2,758 $ 8 $ 7 $ 1,524 $ 12 $ 16 Six Months Ended June 30, 2020 2019 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (in thousands) Investment Recognized Received Investment Recognized Received Real estate mortgage loans: Commercial $ 484 $ 12 $ 11 $ 611 $ 16 $ 16 Residential and home equity 906 - - 430 4 5 Construction - - - - 1 1 Commercial loans 1,531 7 7 343 4 6 Consumer 13 - - 14 - - Total $ 2,934 $ 19 $ 18 $ 1,398 $ 25 $ 28
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	Three Months Ended June 30, 2020 2019 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 ( dollars in thousands) Troubled Debt Restructurings - Modified principal Construction $ - $ - $ - $ - - $ - $ - $ - Residential and Home Equity - - - - 1 66 66 66 Commercial - - - - 1 60 60 60 Total $ - $ - $ - $ - 2 $ 126 $ 126 $ 126 Six Months Ended June 30, 2020 2019 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 ( dollars in thousands) Troubled Debt Restructurings - Modified principal Construction - $ - $ - $ - - $ - $ - $ - Residential and Home Equity - - - - 1 66 66 66 Commercial - - - - 1 60 60 60 Total - $ - $ - $ - 2 $ 126 $ 126 $ 126

Note 4 - Regulatory Capital (Ta

Note 4 - Regulatory Capital (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	For Capital Adequacy For Well Capitalized Actual Purposes Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of June 30, 2020 Tier 1 Leverage Capital $ 52,489 8.99 % $ 23,358 4.00 % $ 29,198 5.00 % Common Equity Tier 1 Risk-based Capital 52,489 13.80 17,115 4.50 24,722 6.50 Tier 1 Risk-based Capital 52,489 13.80 22,820 6.00 30,426 8.00 Total Risk-based Capital 57,248 15.05 30,426 8.00 38,033 10.00 As of December 31, 2019 Tier 1 Leverage Capital $ 46,752 9.31 % $ 20,084 4.00 % $ 25,105 5.00 % Common Equity Tier 1 Risk-based Capital 46,752 13.24 15,885 4.50 22,945 6.50 Tier 1 Risk-based Capital 46,752 13.24 21,180 6.00 28,240 8.00 Total Risk-based Capital 51,165 14.49 28,240 8.00 35,300 10.00

Note 5 - Earnings Per Share (Ta

Note 5 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2020 2019 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending June 30: Basic EPS: Net earnings $ 720 3,116,307 $ 0.23 $ 764 3,144,068 $ 0.24 Effect of dilutive securities-incremental shares from assumed conversion of options 63 6,068 Diluted EPS: Net earnings $ 720 3,116,370 $ 0.23 $ 764 3,150,136 $ 0.24 Six Months Ended June 30: Basic EPS: Net earnings $ 1,436 3,150,082 $ 0.45 $ 1,631 3,142,244 $ 0.52 Effect of dilutive securities-incremental shares from assumed conversion of options 158 4,634 Diluted EPS: Net earnings $ 1,436 3,150,240 $ 0.45 $ 1,631 3,146,878 $ 0.52

Note 6 - Stock Option Plans (Ta

Note 6 - Stock Option Plans (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	June 30, 2020 Weighted average risk-free interest rate 1.46 % Expected dividend yield 0.60 % Expected stock volatility 14.69 % Expected life in years 6.5 Per share fair value of options issued during period $ 3.26
Nonvested Restricted Stock Shares Activity [Table Text Block]	Wtd-Avg Grant-Date Number of Fair Value Grant-Date Fair Shares per Share Value Non-vested restricted stock outstanding at December 31, 2018 - $ - $ - Restricted stock issued in 2019 3,600 $ 18.52 $ 67,000 Non-vested restricted stock outstanding at June 30, 2019 and December 31, 2019 3,600 $ 18.52 $ 67,000 Restricted stock issued in 2020 3,835 $ 20.40 $ 78,000 Restricted stock shares vested in 2020 (1,200 ) $ (18.52 ) $ (22,000 ) Non-vested restricted stock outstanding at June 30, 2020 6,235 $ 19.72 $ 123,000
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 (years) Value Outstanding at December 31, 2018 4,700 $ 11.37 Options exercised (300 ) $ 10.00 Outstanding at June 30, 2019 4,400 $ 11.46 Options forfeited (2,000 ) $ 10.72 Options exercised (200 ) $ 10.00 Outstanding at December 31, 2019 2,200 $ 12.27 Options exercised (2,000 ) $ 12.50 Outstanding at June 30, 2020 200 $ 10.00 0.51 $ 1,000 Exercisable at June 30, 2020 200 $ 10.00 0.51 $ 1,000
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 (years) Value Outstanding at December 31, 2018 263,457 $ 19.78 Options forfeited (12,440 ) $ 20.09 Outstanding at June 30, 2019 251,017 $ 19.77 Options granted 22,000 $ 20.21 Options forfeited (750 ) $ 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 Options granted 15,000 $ 20.05 Options forfeited (110 ) $ 20.09 Outstanding at June 30, 2020 287,157 $ 19.82 7.41 $ - Exercisable at June 30, 2020 71,797 $ 18.97 5.64 $ -

Note 8 - Fair Value of Financ_2

Note 8 - Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At June 30, 2020 At December 31, 2019 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 62,307 $ 62,307 $ 75,082 $ 75,082 Debt securities available for sale 2 66,898 66,898 61,333 61,333 Loans held for sale 3 8,949 9,095 6,193 6,296 Loans, net 3 442,574 448,733 337,710 342,435 Federal Home Loan Bank stock 3 493 493 404 404 Accrued interest receivable 3 1,723 1,723 1,137 1,137 Financial liabilities: Deposits 3 536,514 537,496 438,624 439,208 Other borrowings 3 - - 1,254 1,254 Off-Balance Sheet Items 3 - - - -

Note 9 - Off-balance Sheet Fi_2

Note 9 - Off-balance Sheet Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	At June 30, 2020 (in thousands) Commitments to extend credit $ 10,703 Construction loans in process $ 15,120 Unused lines of credit $ 54,580 Standby financial letters of credit $ 2,347 Standby performance letters of credit $ 318 Guaranteed accounts $ 1,383

Note 10 - Contingency (Tables)

Note 10 - Contingency (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Tables
Financing Receivable, Loans With Payment Deferrals [Table Text Block]	(dollars in thousands) Percent Average Full Weighted of Number of Dollar Balance Interest Interest Payment Average Total Loan Loans Amount Loans Loans Only Only Deferral LTV Loans Collateral Collateral or Loan Type Modified Modified Modified 3 Months 4-6 Months 3 Months Modified or Type 1-4 family owner occupied 15 $ 7,558 $ 504 $ - $ - $ 7,558 75.0 % 17.8 % 1-4 family non-owner occupied 9 3,035 337 948 167 1,920 67.0 7.1 CRE owner occupied 13 10,730 825 - - 10,730 61.0 25.3 CRE non-owner occupied 9 16,407 1,823 - 1,737 14,670 62.0 38.7 Commercial & Industrial 15 3,898 260 417 672 2,809 N/A 9.2 Construction/Land 7 781 112 23 - 758 47.0 1.8 Consumer 2 29 15 29 - - N/A 0.1 Total 70 $ 42,438 $ 606 $ 1,417 $ 2,576 $ 38,445 - 100.0 %
Origination of Loans Under Paycheck Protection Program [Table Text Block]	(dollars in thousands) Total Avg. Loan % of Category Balance Balance Total Hospitality $ 6,368 $ 75 7.8 % Real estate services and construction 13,033 72 16.0 Wholesale and retail trade and manufacturing 10,861 88 13.3 Financial, professional, and information services 23,234 113 28.5 Administrative, religious and other services 16,334 86 20.1 Healthcare services 11,621 168 14.3 TOTAL $ 81,451 $ 95 100.0 %

Note 1 - General (Details Textu

Note 1 - General (Details Textual)	Jun. 30, 2020
Subsidiary, Ownership Percentage By Parent	100.00%

Note 2 - Debt Securities Avai_3

Note 2 - Debt Securities Available for Sale (Details Textual)	Jun. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	9	13

Note 2 - Debt Securities Avai_4

Note 2 - Debt Securities Available for Sale - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Amortized Cost	$ 65,082	$ 61,064
Gross Unrealized Gains	2,105	496
Gross Unrealized Losses	(289)	(227)
Debt securities available for sale	66,898	61,333
US Government Agencies Debt Securities [Member]
Amortized Cost	275	408
Gross Unrealized Gains	4
Gross Unrealized Losses		(1)
Debt securities available for sale	279	407
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	11,824	9,332
Gross Unrealized Gains	567	81
Gross Unrealized Losses		(72)
Debt securities available for sale	12,391	9,341
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	47,497	45,499
Gross Unrealized Gains	1,534	401
Gross Unrealized Losses	(30)	(97)
Debt securities available for sale	49,001	45,803
Asset-backed Securities [Member]
Amortized Cost	5,486	5,825
Gross Unrealized Gains		14
Gross Unrealized Losses	(259)	(57)
Debt securities available for sale	$ 5,227	$ 5,782

Note 2 - Debt Security- Summary

Note 2 - Debt Security- Summary of Sale of Securities Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2019
Proceeds from sale of debt securities			$ 4,245
Gross gains			27
Gross losses			(20)
Net gain on sale of debt securities			$ 7

Note 2 - Debt Securities Avai_5

Note 2 - Debt Securities Available for Sale - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Gross Unrealized Losses, Less Than Twelve Months	$ (192)	$ (186)
Fair Value, Less Than Twelve Months	6,681	12,751
Gross Unrealized Losses, Over Twelve Months	(97)	(41)
Fair Value, Over Twelve Months	3,976	4,115
Collateralized Mortgage Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(17)	(56)
Fair Value, Less Than Twelve Months	3,370	4,629
Gross Unrealized Losses, Over Twelve Months	(13)	(41)
Fair Value, Over Twelve Months	2,060	4,115
Asset-backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(175)	(57)
Fair Value, Less Than Twelve Months	3,311	3,901
Gross Unrealized Losses, Over Twelve Months	(84)
Fair Value, Over Twelve Months	$ 1,916
US Government Agencies Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months		(1)
Fair Value, Less Than Twelve Months		407
Gross Unrealized Losses, Over Twelve Months
Fair Value, Over Twelve Months
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
Fair Value, Over Twelve Months

Note 2 - Debt Securities Avai_6

Note 2 - Debt Securities Available for Sale - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt securities available for sale	$ 66,898	$ 61,333
US Government Agencies Debt Securities [Member]
Debt securities available for sale	279	407
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	12,391	9,341
Collateralized Mortgage Backed Securities [Member]
Debt securities available for sale	49,001	45,803
Asset-backed Securities [Member]
Debt securities available for sale	5,227	5,782
Fair Value, Recurring [Member]
Debt securities available for sale	66,898	61,333
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	66,898	61,333
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	279	407
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	279	407
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	12,391	9,341
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	12,391	9,341
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	49,001	45,803
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	49,001	45,803
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	5,227	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	5,227	5,782
Fair Value, Recurring [Member] | Asset-backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale

Note 2 - Debt Securities Avai_7

Note 2 - Debt Securities Available for Sale - Scheduled Maturities of Securities with Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Due in less than one year, amortized cost	$ 361
Due in less than one year, Fair value	361
Due in one to five years, amortized cost	725
Due in one to five years, Fair value	734
Due in five to ten years, amortized cost	3,579
Due in five to ten years, Fair value	3,854
Due after ten years, amortized cost	12,920
Due after ten years, Fair value	12,948
Mortgage-backed securities, amortized cost	47,497
Mortgage-backed securities, Fair value	49,001
Total, amortized cost	65,082	$ 61,064
Total, Fair value	$ 66,898	$ 61,333

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
Number of Portfolio Classes	5		5
Impairment Valuation Loan Limit			$ 500,000
Financing Receivable, Modifications, Number of Contracts	0	2	0	2
Financing Receivable, Troubled Debt Restructuring	$ 276,000		$ 276,000
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0	0
Nonperforming Financial Instruments [Member] | Collateral Pledged [Member] | Fair Value, Nonrecurring [Member]
Loans Receivable, Fair Value Disclosure	$ 0	$ 0	$ 0	$ 0
Minimum [Member] | Loans Receivable [Member]
Loan Maturity Period (Year)			1 year
Maximum [Member] | Loans Receivable [Member]
Loan Maturity Period (Year)			10 years
Real Estate Mortgage Loans [Member]
Number of Portfolio Classes	3		3
Commercial Real Estate Portfolio Segment [Member]
Period of Fixed Interest Rate (Year)			5 years
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Loan Maturity Period (Year)			3 years
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Loan Maturity Period (Year)			5 years
Residential Portfolio Segment [Member] | Period 1 [Member]
Period of Fixed Interest Rate (Year)			15 years
Period of Adjustment of Interest Rate (Year)			1 year
Residential Portfolio Segment [Member] | Period 2 [Member]
Period of Fixed Interest Rate (Year)			30 years
Period of Adjustment of Interest Rate (Year)			3 years
Residential Portfolio Segment [Member] | Period 3 [Member]
Period of Adjustment of Interest Rate (Year)			5 years
Residential Portfolio Segment [Member] | Period 4 [Member]
Period of Adjustment of Interest Rate (Year)			7 years
Real Estate Construction Loan [Member] | Minimum [Member]
Loan Maturity Period (Year)			1 year
Real Estate Construction Loan [Member] | Maximum [Member]
Loan Maturity Period (Year)			2 years
Commercial Portfolio Segment [Member] | Maximum [Member] | Equipment Loans [Member]
Loan Maturity Period (Year)			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	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Total loans	$ 449,667		$ 341,625
Net deferred loan (fees) costs	(1,845)		499
Allowance for loan losses	(5,248)	$ (4,707)	(4,414)	$ (4,006)	$ (3,800)	$ (3,661)
Loans, net	442,574		337,710
Mortgage Receivable [Member]
Total loans	293,044		264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	108,970		94,728
Allowance for loan losses	(1,213)	(1,182)	(1,046)	(813)	(847)	(917)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	141,932		135,913
Allowance for loan losses	(1,637)	(1,612)	(1,573)	(1,458)	(1,429)	(1,397)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	42,142		33,583
Allowance for loan losses	(514)	(472)	(415)	(425)	(362)	(391)
Loans and Finance Receivables [Member]
Total loans			341,625
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	149,437		69,770
Allowance for loan losses	(1,536)	(1,315)	(1,284)	(1,225)	(1,068)	(876)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	7,186		7,631
Allowance for loan losses	$ (112)	$ (126)	$ (96)	$ (85)	$ (94)	$ (80)

Note 3 - Loans - Summary of Cha

Note 3 - Loans - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Beginning balance	$ 4,707	$ 3,800	$ 4,414	$ 3,661
Provision (credit) for loan losses	1,227	179	1,863	344
Net (charge-offs) recoveries	(686)	27	(1,029)	1
Ending balance	5,248	4,006	5,248	4,006
Recorded investment, individually evaluated for impairment	1,887		1,887		$ 3,220
Balance in allowance for loan losses, individually evaluated for impairment	289		289		414
Recorded investment, collectively evaluated for impairment	447,780		447,780		338,405
Balance in allowance for loan losses, collectively evaluated for impairment	4,959		4,959		4,000
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Beginning balance	1,182	847	1,046	917
Provision (credit) for loan losses	31	(34)	167	(104)
Net (charge-offs) recoveries
Ending balance	1,213	813	1,213	813
Recorded investment, individually evaluated for impairment	119		119		611
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	108,851		108,851		94,117
Balance in allowance for loan losses, collectively evaluated for impairment	1,213		1,213		1,046
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Beginning balance	1,612	1,429	1,573	1,397
Provision (credit) for loan losses	58	29	112	61
Net (charge-offs) recoveries	(33)		(48)
Ending balance	1,637	1,458	1,637	1,458
Recorded investment, individually evaluated for impairment	1,089		1,089		965
Balance in allowance for loan losses, individually evaluated for impairment					15
Recorded investment, collectively evaluated for impairment	140,843		140,843		134,948
Balance in allowance for loan losses, collectively evaluated for impairment	1,637		1,637		1,558
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Beginning balance	472	362	415	391
Provision (credit) for loan losses	42	63	99	34
Net (charge-offs) recoveries
Ending balance	514	425	514	425
Recorded investment, individually evaluated for impairment
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	42,142		42,142		33,583
Balance in allowance for loan losses, collectively evaluated for impairment	514		514		415
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Beginning balance	1,315	1,068	1,284	876
Provision (credit) for loan losses	882	133	1,228	347
Net (charge-offs) recoveries	(661)	24	(976)	2
Ending balance	1,536	1,225	1,536	1,225
Recorded investment, individually evaluated for impairment	642		642		1,631
Balance in allowance for loan losses, individually evaluated for impairment	252		252		386
Recorded investment, collectively evaluated for impairment	148,795		148,795		68,139
Balance in allowance for loan losses, collectively evaluated for impairment	1,284		1,284		898
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Beginning balance	126	94	96	80
Provision (credit) for loan losses	(22)	(12)	21	6
Net (charge-offs) recoveries	8	3	(5)	(1)
Ending balance	112	85	112	85
Recorded investment, individually evaluated for impairment	37		37		13
Balance in allowance for loan losses, individually evaluated for impairment	37		37		13
Recorded investment, collectively evaluated for impairment	7,149		7,149		7,618
Balance in allowance for loan losses, collectively evaluated for impairment	75		75		83
Loans and Finance Receivables [Member] | Unallocated Financing Receivables [Member]
Beginning balance
Provision (credit) for loan losses	236		236
Net (charge-offs) recoveries
Ending balance	236		236
Recorded investment, individually evaluated for impairment
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment
Balance in allowance for loan losses, collectively evaluated for impairment	$ 236		$ 236

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Loans by credit quality	$ 449,667	$ 341,625
Pass [Member]
Loans by credit quality	442,725	332,536
Special Mention [Member]
Loans by credit quality	4,826	5,589
Substandard [Member]
Loans by credit quality	2,116	3,500
Doubtful [Member]
Loans by credit quality
Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality
Mortgage Receivable [Member]
Loans by credit quality	293,044	264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	108,970	94,728
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	107,372	92,586
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,479	1,531
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	119	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	141,932	135,913
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	139,625	133,351
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,218	1,597
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	1,089	965
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	42,142	33,583
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Pass [Member]
Loans by credit quality	41,291	32,374
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Special Mention [Member]
Loans by credit quality	851	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]
Loans by credit quality		341,625
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	149,437	69,770
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	147,316	66,649
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,238	1,197
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	883	1,924
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	7,186	7,631
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	7,121	7,576
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	40	55
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	25
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	Jun. 30, 2020	Dec. 31, 2019
Accruing Loans, Past Due	$ 5
Accruing Loans, Current	447,906
Nonaccrual Loans	1,756
Loans by credit quality	449,667	$ 341,625
Total loans	449,667	341,625
Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	4
Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due	1
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member]
Loans by credit quality	293,044	264,224
Total loans	293,044	264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Accruing Loans, Past Due
Accruing Loans, Current	108,970
Nonaccrual Loans
Loans by credit quality	108,970	94,728
Total loans	108,970	94,728
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Accruing Loans, Current		94,728
Nonaccrual Loans
Loans by credit quality		94,728
Total loans		94,728
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
Accruing Loans, Current	140,843	134,379
Nonaccrual Loans	1,089	965
Loans by credit quality	141,932	135,913
Total loans	141,932	135,913
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due		569
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
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	42,142	33,501
Nonaccrual Loans
Loans by credit quality	42,142	33,583
Total loans	42,142	33,583
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]
Accruing Loans, Past Due		743
Accruing Loans, Current		338,291
Nonaccrual Loans		2,591
Loans by credit quality		341,625
Total loans		341,625
Loans and Finance Receivables [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due		738
Loans and Finance Receivables [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due		5
Loans and Finance Receivables [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	5	87
Accruing Loans, Current	148,790	68,057
Nonaccrual Loans	642	1,626
Loans by credit quality	149,437	69,770
Total loans	149,437	69,770
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due	4	87
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due	1
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	7,161	7,626
Nonaccrual Loans	25
Loans by credit quality	7,186	7,631
Total loans	7,186	7,631
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	Jun. 30, 2020	Dec. 31, 2019
With No Related Allowance Recorded, Recorded Investment	$ 1,208	$ 1,835
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)	1,208	1,835
With an Allowance Recorded, Recorded Investment	679	1,385
With an Allowance Recorded, Unpaid Contractual Principal Balance	679	1,385
Related Allowance	289	414
Total Recorded Investment	1,887	3,220
Total Unpaid Contractual Principal Balance	1,887	3,220
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	119	611
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)	119	611
With an Allowance Recorded, Recorded Investment
With an Allowance Recorded, Unpaid Contractual Principal Balance
Related Allowance
Total Recorded Investment	119	611
Total Unpaid Contractual Principal Balance	119	611
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	1,089	716
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)	1,089	716
With an Allowance Recorded, Recorded Investment		249
With an Allowance Recorded, Unpaid Contractual Principal Balance		249
Related Allowance		15
Total Recorded Investment	1,089	965
Total Unpaid Contractual Principal Balance	1,089	965
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment		508
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)		508
With an Allowance Recorded, Recorded Investment	642	1,123
With an Allowance Recorded, Unpaid Contractual Principal Balance	642	1,123
Related Allowance	252	386
Total Recorded Investment	642	1,631
Total Unpaid Contractual Principal Balance	642	1,631
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)
With an Allowance Recorded, Recorded Investment	37	13
With an Allowance Recorded, Unpaid Contractual Principal Balance	37	13
Related Allowance	37	13
Total Recorded Investment	37	13
Total Unpaid Contractual Principal Balance	$ 37	$ 13

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	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Average recorded investment	$ 2,758	$ 1,524	$ 2,934	$ 1,398
Interest income recognized	8	12	19	25
Interest income received	7	16	18	28
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Average recorded investment	298	611	484	611
Interest income recognized	5	8	12	16
Interest income received	4	8	11	16
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Average recorded investment	929	439	906	430
Interest income recognized				4
Interest income received		2		5
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Average recorded investment
Interest income recognized				1
Interest income received				1
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Average recorded investment	1,505	455	1,531	343
Interest income recognized	3	4	7	4
Interest income received	3	6	7	6
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Average recorded investment	26	19	13	14
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)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)
Number of Contracts	0	2	0	2
Current Modification Outstanding Recorded Investment	$ 276,000		$ 276,000
Modified Principal [Member]
Number of Contracts		2		2
Pre-Modification Outstanding Recorded Investment		$ 126,000		$ 126,000
Post-Modification Outstanding Recorded Investment		126,000		126,000
Current Modification Outstanding Recorded Investment		$ 126,000		$ 126,000
Real Estate Construction Loan [Member] | Modified Principal [Member]
Number of Contracts
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Current Modification Outstanding Recorded Investment
Residential Portfolio Segment [Member] | Modified Principal [Member]
Number of Contracts		1		1
Pre-Modification Outstanding Recorded Investment		$ 66,000		$ 66,000
Post-Modification Outstanding Recorded Investment		66,000		66,000
Current Modification Outstanding Recorded Investment		$ 66,000		$ 66,000
Commercial Real Estate Portfolio Segment [Member] | Modified Principal [Member]
Number of Contracts		1		1
Pre-Modification Outstanding Recorded Investment		$ 60,000		$ 60,000
Post-Modification Outstanding Recorded Investment		60,000		60,000
Current Modification Outstanding Recorded Investment		$ 60,000		$ 60,000

Note 4 - Regulatory Capital (De

Note 4 - Regulatory Capital (Details Textual)	6 Months Ended
	Jun. 30, 2020
Capital Conservation Buffer Rate	2.50%

Note 4 - Regulatory Capital - S

Note 4 - Regulatory Capital - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Tier 1 Leverage Capital, actual amount	$ 52,489	$ 46,752
Tier 1 Leverage Capital, actual percentage	0.0899	0.0931
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 23,358	$ 20,084
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Percentage	0.04	0.04
Tier 1 Leverage Capital, For Well Capitalized Purposes, Amount	$ 29,198	$ 25,105
Tier 1 Leverage Capital, For Well Capitalized Purposes, Percentage	0.05	0.05
Common Equity Tier 1 Risk-based Capital, actual amount	$ 52,489	$ 46,752
Common Equity Tier 1 Risk-based Capital, actual percentage	0.138	0.1324
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 17,115	$ 15,885
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	4.50%	4.50%
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 24,722	$ 22,945
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	6.50%	6.50%
Tier 1 Risk-based Capital, actual amount	$ 52,489	$ 46,752
Tier 1 Risk-based Capital, actual percentage	0.138	0.1324
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 22,820	$ 21,180
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	0.06	0.06
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 30,426	$ 28,240
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	0.08	0.08
Total Risk-based Capital, actual amount	$ 57,248	$ 51,165
Total Risk-based Capital, actual percentage	0.1505	0.1449
Total Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 30,426	$ 28,240
Total Risk-based Capital, For Well Capitalized Purposes, Amount	$ 38,033	$ 35,300
Total Risk-based Capital, For Well Capitalized Purposes, Percentage	0.1	0.1

Note 5 - Earnings Per Share - C

Note 5 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Net earnings, basic	$ 720	$ 764	$ 1,436	$ 1,631
Weighted-average Shares, basic (in shares)	3,116,307	3,144,068	3,150,082	3,142,244
Net earnings, per share amount, basic (in dollars per share)	$ 0.23	$ 0.24	$ 0.45	$ 0.52
Effect of dilutive securities-incremental shares from assumed conversion of options (in shares)	63	6,068	158	4,634
Net earnings, diluted	$ 720	$ 764	$ 1,436	$ 1,631
Weighted-average Shares, diluted (in shares)	3,116,370	3,150,136	3,150,240	3,146,878
Net earnings, per share amount, diluted (in dollars per share)	$ 0.23	$ 0.24	$ 0.45	$ 0.52

Note 6 - Stock Option Plans (De

Note 6 - Stock Option Plans (Details Textual) - USD ($)	Feb. 21, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2019	May 20, 2015
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				3,835		3,600	3,600
Share-based Payment Arrangement, Expense				$ 22,000		$ 8,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 104,000		$ 104,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				2 years 109 days
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	33.33%
The 2015 Stock Incentive Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		287,267		287,267
Share-based Payment Arrangement, Expense		$ 55,000	$ 44,000	$ 106,000		86,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)				15,000	22,000
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 (in shares)		500,000		500,000
Maximum Percentage of Shares Issued				15.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		172,708		172,708
Share-based Payment Arrangement, Expense, Tax Benefit		$ 5,000	10,000	$ 6,000		10,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount		502,000		$ 502,000
Share-based Compensation Arrangement By Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term (Year)				3 years 10 days
The 2015 Stock Incentive Compensation Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				7,435
Share-based Payment Arrangement, Expense		12,000	6,000	$ 22,000		8,000
The 2007 Stock Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)								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		$ 0
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		74,805		74,805
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		49,480		49,480
Share-based Payment Arrangement, Expense		$ 21,000	$ 19,000	$ 41,000		$ 31,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees		110.00%		110.00%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		1,165	1,016	2,160		1,611

Note 6 - Stock Option Plans - S

Note 6 - Stock Option Plans - Summary of the 2015 Plan (Details) - The 2015 Stock Incentive Compensation Plan [Member] - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Number of Options, Outstanding, beginning balance (in shares)	272,267	251,017	263,457
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 19.80	$ 19.77	$ 19.78
Number of Options, forfeited (in shares)	(110)	(750)	(12,440)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ 20.09	$ 20.09	$ 20.09
Number of Options, granted (in shares)	15,000	22,000
Weighted-average Exercise Price, Options granted (in dollars per share)	$ 20.05	$ 20.21
Number of Options, outstanding (in shares)	287,157	272,267	251,017
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 19.82	$ 19.80	$ 19.77
Weighted-average Remaining Contractual Term, Outstanding (Year)	7 years 149 days
Aggregate Intrinsic Value, Outstanding
Number of Options, Exercisable (in shares)	71,797
Weighted-average Exercise Price, Exercisable (in dollars per share)	$ 18.97
Weighted-average Remaining Contractual Term, Exercisable (Year)	5 years 233 days
Aggregate Intrinsic Value, Exercisable

Note 6 - Stock Option Plans - B

Note 6 - Stock Option Plans - Black-Scholes Option-pricing Model Assumptions (Details) - Minimum [Member]	6 Months Ended
	Jun. 30, 2020$ / shares
Weighted average risk-free interest rate	1.46%
Expected dividend yield	0.60%
Expected stock volatility	14.69%
Expected life in years (Year)	6 years 182 days
Per share fair value of options issued during period (in dollars per share)	$ 3.26

Note 6 - Stock Option Plans -_2

Note 6 - Stock Option Plans - Summary of the 2007 Stock Option Plan (Details) - The 2007 Stock Option Plan [Member] - USD ($)	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Number of Options, Outstanding, beginning balance (in shares)	2,200	4,400	4,700
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 12.27	$ 11.46	$ 11.37
Number of Options, Exercised (in shares)	(2,000)	(200)	(300)
Weighted-average Exercise Price, Options exercised (in dollars per share)	$ 12.50	$ 10	$ 10
Number of Options, forfeited (in shares)		(2,000)
Weighted-average Exercise Price, forfeited (in dollars per share)		$ 10.72
Number of Options, outstanding (in shares)	200	2,200	4,400
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 10	$ 12.27	$ 11.46
Weighted-average Remaining Contractual Term, Outstanding (Year)	186 days
Aggregate Intrinsic Value, Outstanding	$ 1,000
Number of Options, Exercisable (in shares)	200
Weighted-average Exercise Price, Exercisable (in dollars per share)	$ 10
Weighted-average Remaining Contractual Term, Exercisable (Year)	186 days
Aggregate Intrinsic Value, Exercisable	$ 1,000

Note 6 - Stock Option Plans - R

Note 6 - Stock Option Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Non-vested restricted stock outstanding, shares (in shares)	6,235		3,600
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 19.72		$ 18.52
Non-vested restricted stock outstanding, grant date fair value	$ 123,000		$ 67,000
Restricted stock issued (in shares)	3,835	3,600	3,600
Non-vested restricted stock issued, weighted average grant date fair value (in dollars per share)	$ 20.40		$ 18.52
Non-vested restricted stock issued, grant date fair value	$ 78,000		$ 67,000
Restricted stock shares vested (in shares)	(1,200)
Restricted stock shares vested, weighted average grant date fair value (in dollars per share)	$ (18.52)
Restricted stock shares vested, grant date fair value	$ (22,000)

Note 7 - Federal Home Loan Ba_2

Note 7 - Federal Home Loan Bank Advances (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 70,000
Federal Home Loan Bank Advances, Total	$ 0	$ 0

Note 8 - Fair Value of Financ_3

Note 8 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Debt securities available for sale	$ 66,898	$ 61,333
Loans held for sale	8,949	6,193
Accrued interest receivable	1,723	1,137
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	62,307	75,082
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	66,898	61,333
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	8,949	6,193
Loans Receivable, Fair Value Disclosure	442,574	337,710
Federal Home Loan Bank stock	493	404
Accrued interest receivable	1,723	1,137
Deposits	536,514	438,624
Other borrowings		1,254
Off-Balance Sheet Items
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	62,307	75,082
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	66,898	61,333
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	9,095	6,296
Loans Receivable, Fair Value Disclosure	448,733	342,435
Federal Home Loan Bank stock	493	404
Accrued interest receivable	1,723	1,137
Deposits	537,496	439,208
Other borrowings		1,254
Off-Balance Sheet Items

Note 9 - Off-balance Sheet Fi_3

Note 9 - Off-balance Sheet Financial Instruments (Details Textual) - Standby Financial Letters of Credit [Member]	6 Months Ended
	Jun. 30, 2020USD ($)
Debt Instrument, Term (Year)	1 year
Debt Instrument, Collateral Amount	$ 650,000
Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10.00%

Note 9 - Off-balance Sheet Fi_4

Note 9 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	$ 10,703
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	15,120
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	54,580
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,347
Performance Standby Letters Of Credit [Member]
Contractual amounts with off-balance-sheet risk	318
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,383

Note 10 - Contingency (Details

Note 10 - Contingency (Details Textual) $ in Thousands	1 Months Ended
	Aug. 10, 2020USD ($)	Jun. 30, 2020USD ($)
Number Of Loans Under PPP Approved		855
Loans Under PPP Approved Amount		$ 81,500
Financing Receivable, Number of Principal and Interest Payment Deferrals		70
Financing Receivable, Principal and Interest Deferred Payments		$ 42,438
Loans Under Forbearance Percentage Of Total Loan Portfolio		11.50%
Subsequent Event [Member]
Financing Receivable, Number of Principal and Interest Payment Deferrals	7
Financing Receivable, Principal and Interest Deferred Payments	$ 9,500
Financing Receivable, Reverted Back to Pre-Modification Terms, Number of Contracts	25
Financing Receivable, Reverted Back to Pre-Modification Terms	$ 7,800
Financing Receivable, Number of Principal and Interest Payments, Being Paid or Still Deferred	38
Mortgage Receivable [Member]
Percentage of Forbearance Requests For Loan		88.90%

Note 10 - Contingency - Payment

Note 10 - Contingency - Payment Deferral Requests (Details) $ in Thousands	Jun. 30, 2020USD ($)
Number of Loans Modified	70
Dollar Amount Loans Modified	$ 42,438
Average Balance Loans Modified	606
Interest Only 3 Months	1,417
Interest Only 4-6 Months	2,576
Full Payment Deferral 3 Months	$ 38,445
Weighted Average LTV Loans Modified
Percent of Total Loan Collateral or Type	100.00%
Residential Portfolio Segment [Member] | One-to-Four Family, Owner Occupied [Member]
Number of Loans Modified	15
Dollar Amount Loans Modified	$ 7,558
Average Balance Loans Modified	504
Interest Only 3 Months
Interest Only 4-6 Months
Full Payment Deferral 3 Months	$ 7,558
Weighted Average LTV Loans Modified	75.00%
Percent of Total Loan Collateral or Type	17.80%
Residential Portfolio Segment [Member] | One-to-Four Family, Non-owner Occupied [Member]
Number of Loans Modified	9
Dollar Amount Loans Modified	$ 3,035
Average Balance Loans Modified	337
Interest Only 3 Months	948
Interest Only 4-6 Months	167
Full Payment Deferral 3 Months	$ 1,920
Weighted Average LTV Loans Modified	67.00%
Percent of Total Loan Collateral or Type	7.10%
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate, Owner Occupied [Member]
Number of Loans Modified	13
Dollar Amount Loans Modified	$ 10,730
Average Balance Loans Modified	825
Interest Only 3 Months
Interest Only 4-6 Months
Full Payment Deferral 3 Months	$ 10,730
Weighted Average LTV Loans Modified	61.00%
Percent of Total Loan Collateral or Type	25.30%
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate, Non-owner Occupied [Member]
Number of Loans Modified	9
Dollar Amount Loans Modified	$ 16,407
Average Balance Loans Modified	1,823
Interest Only 3 Months
Interest Only 4-6 Months	1,737
Full Payment Deferral 3 Months	$ 14,670
Weighted Average LTV Loans Modified	62.00%
Percent of Total Loan Collateral or Type	38.70%
Commercial Portfolio Segment [Member]
Number of Loans Modified	15
Dollar Amount Loans Modified	$ 3,898
Average Balance Loans Modified	260
Interest Only 3 Months	417
Interest Only 4-6 Months	672
Full Payment Deferral 3 Months	$ 2,809
Percent of Total Loan Collateral or Type	9.20%
Real Estate Construction Loan [Member]
Number of Loans Modified	7
Dollar Amount Loans Modified	$ 781
Average Balance Loans Modified	112
Interest Only 3 Months	23
Interest Only 4-6 Months
Full Payment Deferral 3 Months	$ 758
Weighted Average LTV Loans Modified	47.00%
Percent of Total Loan Collateral or Type	1.80%
Consumer Portfolio Segment [Member]
Number of Loans Modified	2
Dollar Amount Loans Modified	$ 29
Average Balance Loans Modified	15
Interest Only 3 Months	29
Interest Only 4-6 Months
Full Payment Deferral 3 Months
Percent of Total Loan Collateral or Type	0.10%

Note 10 - Contingency - Origina

Note 10 - Contingency - Origination of PPP Loans (Details) $ in Thousands	Jun. 30, 2020USD ($)
Loans Originated	$ 81,451
Loans Originated, average loan balance	$ 95
Loans Originated, percent of total	100.00%
Hospitality [Member]
Loans Originated	$ 6,368
Loans Originated, average loan balance	$ 75
Loans Originated, percent of total	7.80%
Real Estate Services and Construction [Member]
Loans Originated	$ 13,033
Loans Originated, average loan balance	$ 72
Loans Originated, percent of total	16.00%
Wholesale and Retail Trade and Manufacturing [Member]
Loans Originated	$ 10,861
Loans Originated, average loan balance	$ 88
Loans Originated, percent of total	13.30%
Financial, Professional, and Information Services [Member]
Loans Originated	$ 23,234
Loans Originated, average loan balance	$ 113
Loans Originated, percent of total	28.50%
Administrative, Religious and Other Services [Member]
Loans Originated	$ 16,334
Loans Originated, average loan balance	$ 86
Loans Originated, percent of total	20.10%
Healthcare Services [Member]
Loans Originated	$ 11,621
Loans Originated, average loan balance	$ 168
Loans Originated, percent of total	14.30%