Prime Meridian Holding (PMHG) 10-Q 10 Nov 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 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)		3,119,271
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 7,540	$ 9,024
Federal funds sold	12,191	24,613
Interest-bearing deposits	36,273	41,445
Total cash and cash equivalents	56,004	75,082
Debt securities available for sale	61,060	61,333
Loans held for sale	14,900	6,193
Loans, net of allowance for loan losses of $5,833 and $4,414	465,642	337,710
Federal Home Loan Bank stock	493	404
Premises and equipment, net	8,210	7,744
Right of use lease asset	3,517	3,669
Accrued interest receivable	1,879	1,137
Bank-owned life insurance	6,621	6,501
Other real estate owned	234
Other assets	2,103	1,088
Total assets	620,663	500,861
Liabilities:
Noninterest-bearing demand deposits	150,494	96,807
Savings, NOW and money-market deposits	340,931	272,283
Time deposits	63,822	69,174
Total deposits	555,247	438,264
Other borrowings		1,254
Official checks	1,577	606
Operating lease liability	3,625	3,758
Other liabilities	1,563	1,111
Total liabilities	562,012	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, 3,117,842 and 3,191,288 issued and outstanding	31	32
Additional paid-in capital	38,492	39,456
Retained earnings	18,714	16,180
Accumulated other comprehensive income	1,414	200
Total stockholders' equity	58,651	55,868
Total liabilities and stockholders' equity	$ 620,663	$ 500,861

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans receivable, allowance for loan losses	$ 5,833	$ 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)	3,117,842	3,191,288
Common stock, shares outstanding (in shares)	3,117,842	3,191,288

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest income:
Loans		$ 5,101	$ 4,179	$ 14,374	$ 11,951
Securities		311	338	1,123	967
Other		43	402	337	1,111
Total interest income		5,455	4,919	15,834	14,029
Interest expense:
Deposits		710	934	2,346	2,598
Other borrowings			5	31	5
Total interest expense		710	939	2,377	2,603
Net interest income		4,745	3,980	13,457	11,426
Provision for loan losses		621	241	2,484	585
Net interest income after provision for loan losses		4,124	3,739	10,973	10,841
Noninterest income:
Mortgage banking revenue		224	151	591	454
Income from bank-owned life insurance		40	46	120	136
Gain on sale of debt securities available for sale					7
Other income		167	32	233	104
Total noninterest income		570	370	1,351	1,107
Noninterest expense:
Salaries and employee benefits		1,498	1,575	4,662	4,711
Occupancy and equipment		377	373	1,096	1,075
Professional fees		89	79	263	262
Marketing		97	172	398	565
FDIC assessment		68	6	187	93
Software maintenance, amortization and other		205	188	599	507
Other		415	436	1,301	1,305
Total noninterest expense		2,749	2,829	8,506	8,518
Earnings before income taxes		1,945	1,280	3,818	3,430
Income taxes		464	316	901	835
Net earnings		$ 1,481	$ 964	$ 2,917	$ 2,595
Earnings per common share:
Basic (in dollars per share)		$ 0.47	$ 0.31	$ 0.92	$ 0.83
Diluted (in dollars per share)		0.47	0.31	0.92	0.83
Cash dividends per common share(1) (in dollars per share)	[1]			$ 0.12	$ 0.12
Deposit Account [Member]
Noninterest income:
Noninterest income		$ 48	$ 74	$ 156	$ 213
Debit Card [Member]
Noninterest income:
Noninterest income		$ 91	$ 67	$ 251	$ 193
[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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net earnings	$ 1,481	$ 964	$ 2,917	$ 2,595
Unrealized gain arising during the period	79	173	1,626	1,254
Reclassification adjustment for realized gain				(7)
Net change in unrealized gain	79	173	1,626	1,247
Deferred income tax expense on above change	(21)	(44)	(412)	(316)
Total other comprehensive income	58	129	1,214	931
Comprehensive income	$ 1,539	$ 1,093	$ 4,131	$ 3,526

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					2,595
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)					931
Balance (in shares) at Sep. 30, 2019	3,190,031
Balance at Sep. 30, 2019	$ 32	39,387	15,233	375	55,027
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
Balance (in shares) at Jun. 30, 2019	3,144,456
Balance at Jun. 30, 2019	$ 31	38,450	14,269	246	52,996
Net earnings			964		964
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				129	129
Common stock issued as compensation to directors (unaudited) (in shares)	975
Common stock issued as compensation to directors (unaudited)		20			20
Stock-based compensation (unaudited)		45			45
Private Placement Offering net of cost (in shares)	44,600
Private Placement Offering net of cost	$ 1	872			873
Balance (in shares) at Sep. 30, 2019	3,190,031
Balance at Sep. 30, 2019	$ 32	39,387	15,233	375	55,027
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
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					2,917
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)					$ 1,214
Balance (in shares) at Sep. 30, 2020	3,117,842				3,117,842
Balance at Sep. 30, 2020	$ 31	38,492	18,714	1,414	$ 58,651
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
Balance at Jun. 30, 2020	$ 31	38,412	17,233	1,356	57,032
Net earnings			1,481		1,481
Net change in unrealized gain on debt securities available for sale, net of income tax expense (unaudited)				58	58
Common stock issued as compensation to directors (unaudited) (in shares)	1,343
Common stock issued as compensation to directors (unaudited)		25			25
Stock-based compensation (unaudited)		55			$ 55
Balance (in shares) at Sep. 30, 2020	3,117,842				3,117,842
Balance at Sep. 30, 2020	$ 31	$ 38,492	$ 18,714	$ 1,414	$ 58,651

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net earnings	$ 2,917	$ 2,595
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:
Depreciation and amortization	496	499
Provision for loan losses	2,484	585
Net amortization of deferred loan costs (fees)	5	(68)
Gain on sale of debt securities available for sale		(7)
Amortization of premiums and discounts on debt securities available for sale	313	218
Gain on sale of loans held for sale	(591)	(454)
Proceeds from the sale of loans held for sale	107,456	63,996
Loans originated as held for sale	(115,572)	(66,682)
Stock-based compensation expense	227	182
Income from bank-owned life insurance	(120)	(136)
Net increase in accrued interest receivable	(742)	(39)
Net change in operating leases	19	82
Net increase in other assets	(1,427)	(143)
Net increase in other liabilities and official checks	1,423	173
Net cash (used in) provided by operating activities	(3,112)	801
Cash flows from investing activities:
Loan originations, net of principal repayments	(130,655)	(26,211)
Purchase of debt securities available for sale	(13,726)	(20,740)
Principal repayments of debt securities available for sale	11,963	4,721
Proceeds from sale of debt securities available for sale		4,245
Maturities and calls of debt securities available for sale	3,349	2,421
Purchase of Federal Home Loan Bank stock	(89)	(49)
Purchase of premises and equipment	(962)	(3,630)
Net cash used in investing activities	(130,120)	(39,243)
Cash flows from financing activities:
Net increase in deposits	116,983	72,130
Change in other borrowings	(1,254)	2,053
Proceeds from stock options exercised	25	3
Common stock retirement	(1,217)	873
Common stock dividends paid	(383)	(377)
Net cash provided by financing activities	114,154	74,682
Net (decrease) increase in cash and cash equivalents	(19,078)	36,240
Cash and cash equivalents at beginning of period	75,082	48,038
Cash and cash equivalents at end of period	56,004	84,278
Supplemental disclosure of cash flow information
Interest	2,399	2,594
Income taxes	1,025	1,065
Noncash transactions:
Accumulated other comprehensive income, net change in unrealized gain on debt securities available for sale, net of taxes	1,214	931
Loans transferred to other real estate owned	234
Right of use lease assets obtained in exchange for operating lease liabilities		$ 3,818

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 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 nine September 30, 2020 not Comprehensive Incom e . S tock - Based Compensation. Mortgage Banking Revenue. Debit Card / ATM Revenue. Reclassifications. Derivatives. third not no 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	9 Months Ended
	Sep. 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 September 30, 2020 U.S. Government agency securities $ 169 $ 3 $ - $ 172 Municipal securities 10,959 627 - 11,586 Mortgage-backed securities 42,694 1,379 (28 ) 44,045 Asset-backed securities 5,343 - (86 ) 5,257 Total $ 59,165 $ 2,009 $ (114 ) $ 61,060 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 Nine Months Ended September 30, September 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 September 30, 2020 Mortgage-backed securities $ (19 ) $ 4,234 $ (9 ) $ 1,633 Asset-backed securities (9 ) 1,692 (77 ) 3,565 Total $ (28 ) $ 5,926 $ (86 ) $ 5,198 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 September 30, 2020 December 31, 2019 ten 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 September 30, 2020 U.S. Government agency securities $ 172 $ - $ 172 $ - Municipal securities 11,586 - 11,586 - Mortgage-backed securities 44,045 - 44,045 - Asset-backed securities 5,257 - 5,257 - Total $ 61,060 $ - $ 61,060 $ - 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 September 30, 2020 Amortized Fair Cost Value (in thousands) Due in one to five years $ 169 $ 172 Due in five to ten years 3,567 3,837 Due after ten years 12,735 13,006 Mortgage-backed securities 42,694 44,045 Total $ 59,165 $ 61,060

Note 3 - Loans

Note 3 - Loans	9 Months Ended
	Sep. 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 September 30, At December 31, (in thousands) 2020 2019 Real estate mortgage loans: Commercial $ 126,840 $ 94,728 Residential and home equity 145,894 135,913 Construction 36,996 33,583 Total real estate mortgage loans 309,730 264,224 Commercial loans 156,787 69,770 Consumer and other loans 6,572 7,631 Total loans 473,089 341,625 Add (deduct): Net deferred loan (fees) costs (1,614 ) 499 Allowance for loan losses (5,833 ) (4,414 ) Loans, net $ 465,642 $ 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 September 30, 2020 Beginning balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Provision (credit) for loan losses 208 48 (63 ) 95 10 323 621 Net (charge-offs) recoveries - - 8 (44 ) - (36 ) Ending balance $ 1,421 $ 1,685 $ 451 $ 1,639 $ 78 $ 559 $ 5,833 Three Month Period Ended September 30, 2019 Beginning balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 Provision (credit) for loan losses 48 17 76 76 24 - 241 Net (charge-offs) recoveries - - - (260 ) (5 ) - (265 ) Ending balance $ 861 $ 1,475 $ 501 $ 1,041 $ 104 $ - $ 3,982 Nine Month Period Ended September 30, 2020 Beginning balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ - $ 4,414 Provision (credit) for loan losses 375 160 36 1,323 31 559 2,484 Net (charge-offs) recoveries - (48 ) - (968 ) (49 ) - (1,065 ) Ending balance $ 1,421 $ 1,685 $ 451 $ 1,639 $ 78 $ 559 $ 5,833 Nine Month Period Ended September 30, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ - $ 3,661 Provision (credit) for loan losses (56 ) 78 110 423 30 - 585 Net (charge-offs) recoveries - - - (258 ) (6 ) - (264 ) Ending balance $ 861 $ 1,475 $ 501 $ 1,041 $ 104 $ - $ 3,982 At September 30, 2020 Individually evaluated for impairment: Recorded investment $ - $ 667 $ - $ 648 $ - $ - $ 1,315 Balance in allowance for loan losses $ - $ - $ - $ 258 $ - $ - $ 258 Collectively evaluated for impairment: Recorded investment $ 126,840 $ 145,227 $ 36,996 $ 156,139 $ 6,572 $ - $ 471,774 Balance in allowance for loan losses $ 1,421 $ 1,685 $ 451 $ 1,381 $ 78 $ 559 $ 5,575 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 September 30, 2020 Grade: Pass $ 124,495 $ 144,458 $ 36,148 $ 155,502 $ 6,549 $ 467,152 Special mention 2,345 769 848 425 23 4,410 Substandard - 667 - 860 - 1,527 Doubtful - - - - - - Loss - - - - - - Total $ 126,840 $ 145,894 $ 36,996 $ 156,787 $ 6,572 $ 473,089 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 September 30, 2020 Real estate mortgage loans: Commercial $ - - $ - $ - $ 126,840 $ - $ 126,840 Residential and home equity - - - - 145,227 667 145,894 Construction - - - - 36,996 - 36,996 Commercial loans - - - - 156,139 648 156,787 Consumer and other loans - - - - 6,572 - 6,572 Total $ - $ - $ - $ - $ 471,774 $ 1,315 $ 473,089 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 September 30, 2020 Real estate mortgage loans: Residential and home equity $ 667 $ 667 $ - $ - $ - $ 667 $ 667 $ - Commercial loans - - 648 648 258 648 648 258 Total $ 667 $ 667 $ 648 $ 648 $ 258 $ 1,315 $ 1,315 $ 258 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 September 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 $ 27 $ - $ - $ 611 $ 8 $ 8 Residential and home equity 933 - - 1,106 - 1 Commercial loans 850 5 5 1,362 1 6 Consumer 26 - - 8 - - Total $ 1,836 $ 5 $ 5 $ 3,087 $ 9 $ 15 Nine Months Ended September 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 $ 322 $ 12 $ 11 $ 611 $ 24 $ 24 Residential and home equity 915 - - 658 5 7 Commercial loans 1,232 12 12 616 5 12 Consumer 17 - - 11 - - Total $ 2,486 $ 24 $ 23 $ 1,896 $ 34 $ 43 There were no September 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 nine September 30, 2020, one three September 30, 2019, three nine September 30, 2019. Three Months Ended September 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 Commercial - $ - $ - $ - 1 $ 204 $ 204 $ 204 Total $ - $ - $ - $ - 1 $ 204 $ 204 $ 204 Nine Months Ended September 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 - - - - 2 264 264 264 Total $ - $ - $ - $ - 3 $ 330 $ 330 $ 330 At September 30, 2020 $66,000 three nine September 30, 2019 not

Note 4 - Regulatory Capital

Note 4 - Regulatory Capital	9 Months Ended
	Sep. 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. (continued) 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 September 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 September 30, 2020 As of September 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 September 30, 2020 Tier 1 Leverage Capital $ 56,120 9.06 % $ 24,772 4.00 % $ 30,966 5.00 % Common Equity Tier 1 Risk-based Capital 56,120 13.79 18,314 4.50 26,454 6.50 Tier 1 Risk-based Capital 56,120 13.79 24,419 6.00 32,559 8.00 Total Risk-based Capital 61,216 15.04 32,559 8.00 40,699 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	9 Months Ended
	Sep. 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 nine September 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 September 30: Basic EPS: Net earnings $ 1,481 3,117,623 $ 0.47 $ 964 3,147,696 $ 0.31 Effect of dilutive securities-incremental shares from assumed conversion of options 57 3,625 Diluted EPS: Net earnings $ 1,481 3,117,680 $ 0.47 $ 964 3,151,321 $ 0.31 Nine Months Ending September 30: Basic EPS: Net earnings $ 2,917 3,139,183 $ 0.92 $ 2,595 3,144,082 $ 0.83 Effect of dilutive securities-incremental shares from assumed conversion of options 73 3,685 Diluted EPS: Net earnings $ 2,917 3,139,256 $ 0.92 $ 2,595 3,147,767 $ 0.83

Note 6 - Stock Option Plans

Note 6 - Stock Option Plans	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	( 6 ) Stock Benefit Plans 2015 The 2015 “2015 May 20, 2015 2015 may 500,000, no 15% As of September 30, 2020 301,457 7,435 2015 173,144 nine September 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 granted 22,000 $ 20.21 Options forfeited (13,180 ) 20.09 Outstanding at September 30, 2019 272,277 $ 19.80 Options forfeited (10 ) $ 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 Options granted 15,000 $ 20.05 Options forfeited (170 ) 20.09 Outstanding at September 30, 2020 287,097 $ 19.82 7.16 $ - Exercisable at September 30, 2020 120,787 $ 19.43 6.29 $ - The fair value of shares vested and recognized as compensation expense was $43,000 $38,000 three September 30, 2020 2019 $127,000 $117,000 nine September 30, 2020 2019 $9,000 $6,000 three September 30, 2020 2019 $27,000 $16,000 nine September 30, 2020 2019 September 30, 2020 $459,000 2015 2.80 The fair value of each option granted during the nine September 30, 2020 2019 September 30, 2020 2019 Weighted average risk-free interest rate 1.46 % 1.93 % Expected dividend yield 0.60 % 0.39 % Expected stock volatility 14.69 % 9.90 % Expected life in years 6.5 6.5 Per share fair value of options issued during period $ 3.26 $ 2.74 The Company used the guidance in Staff Accounting Bulletin No. 107 2007 As of May 20, 2015, no 2007 “2007 2007 2007 nine September 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 September 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 September 30, 2020 200 $ 10.00 0.26 $ 1,000 Exercisable at September 30, 2020 200 $ 10.00 0.26 $ 1,000 At September 30, 2020 no 2007 Director s' Plan In 2012, 110% no 74,805 three September 30, 2020 2019 1,343 975 110% $25,000 $20,000, nine September 30, 2020 2019 3,503 2,586 110% $66,000 $51,000, September 30, 2020 48,137 Restricted Stock During the nine September 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 September 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 September 30, 2020 6,235 $ 19.64 $ 123,000 During the three September 30, 2020 2019, $12,000 $7,000, nine September 30, 2020 2019 $34,000 $14,000 September 30, 2020 $92,000 2.02

Note 7 - Federal Home Loan Bank

Note 7 - Federal Home Loan Bank Advances and Other Borrowings	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	( 7 Federal Home Loan Bank Advances and Other Borrowings 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 $62.2 September 30, 2020 September 30, 2020 December 31, 2019 no During the third 2020, $15 5 3.25%. no September 30, 2020. 

Note 8 - Derivative Financial I

Note 8 - Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	( 8 Derivative Financial Instruments The Company has entered into interest rate swaps in order to provide commercial real estate loan clients the ability to swap from variable to fixed interest rates. Under these agreements, the Company enters into a variable rate loan with a client at a specified index (Wall Street Journal Prime Lending Rate) in addition to a borrower swap agreement. This swap agreement effectively converts the client's variable rate loan into a fixed rate. The Company then enters into a matching swap agreement with a third not no At September 30, 2020 2019 dollars in thousands Notional amount - interest rate swaps: Stand-alone derivatives $ 21,200 $ - Weighted-average pay rate - interest rate swaps 3.68 % - Weighted-average receive rate - interest rate swaps 3.00 % - Weighted-average maturity (in years) - interest rate swaps 14.8 - Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 189 - Stand-alone derivatives - interest rate swaps (other liabilities) $ (189 ) - The Company is party to a collateral support agreement with its dealer counterparty. Such agreement requires that the Company or the dealer counterparty to maintain collateral based on the fair values of derivative instruments. In the event of default by a counterparty the non-defaulting counterparty would be entitled to the collateral. At September 30, 2020, $300,000 not

Note 9 - Fair Value of Financia

Note 9 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 9 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 September 30, 2020 At December 31, 2019 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 56,004 $ 56,004 $ 75,082 $ 75,082 Debt securities available for sale 2 61,060 61,060 61,333 61,333 Loans held for sale 3 14,900 15,137 6,193 6,296 Loans, net 3 465,642 481,058 337,710 342,435 Federal Home Loan Bank stock 3 493 493 404 404 Accrued interest receivable 3 1,879 1,879 1,137 1,137 Derivative contract assets 3 189 189 - - Financial liabilities: Deposits 3 555,247 555,988 438,624 439,208 Other borrowings 3 - - 1,254 1,254 Derivative contract liabilities 3 189 189 - - 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 During the third 2020, third ( 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 $648,000 September 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 September 30, 2020 (in thousands) Commitments to extend credit $ 20,823 Construction loans in process $ 16,507 Unused lines of credit $ 58,323 Standby financial letters of credit $ 2,400 Standby performance letters of credit $ 318 Guaranteed accounts $ 1,372

Note 10 - Contingency

Note 10 - Contingency	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 10 Contingency The COVID- 19 19 The Company took action to prepare its employees, support its clients, and help its communities. The Company has supported small business owners by making loans through the Small Business Administration Paycheck Protection Program ("PPP"). As of September 30, 2020 911 $82.8 100% September 30, 2020, no September 30, 2020 70 $42.4 88.9% September 30, 2020 62 70 $37.4 eight Active Loan Deferral Requests September 30, 2020 (dollars in thousands) Percent Average Cumulative Cumulative Cumulative 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 6 Months Modified or Type 1-4 family owner occupied 2 $ 1,468 $ 734 $ - $ - $ 1,468 69.0 % 29.0 % CRE owner occupied 2 1,032 516 241 - 791 54.0 21.0 CRE non-owner occupied 1 1,737 1,737 - 1,737 - 59.0 35.0 Commercial & Industrial 1 43 43 43 - - N/A 1.0 Construction/Land 1 712 712 - 712 - 22.0 14.0 Consumer 1 18 18 - 18 - N/A - Total 8 $ 5,010 $ 626 $ 284 $ 2,467 $ 2,259 - 100.0 % Details about the Company's PPP loan portfolio are included in the following table: PPP Loans by Industry September 30, 2020 (dollars in thousands) Total Avg. Loan % of Category Balance Balance Total Hospitality $ 6,424 $ 73 7.8 % Real estate services and construction 13,324 69 16.2 Wholesale and retail trade and manufacturing 10,920 85 13.2 Financial, professional, and information services 23,118 108 28.1 Administrative, religious and other services 16,800 80 20.4 Healthcare services 11,826 158 14.3 TOTAL $ 82,412 $ 91 100.0 %

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 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 nine September 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.
Derivatives, Policy [Policy Text Block]	Derivatives. third not no
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)	9 Months Ended
	Sep. 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 September 30, 2020 U.S. Government agency securities $ 169 $ 3 $ - $ 172 Municipal securities 10,959 627 - 11,586 Mortgage-backed securities 42,694 1,379 (28 ) 44,045 Asset-backed securities 5,343 - (86 ) 5,257 Total $ 59,165 $ 2,009 $ (114 ) $ 61,060 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 Nine Months Ended September 30, September 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 September 30, 2020 Mortgage-backed securities $ (19 ) $ 4,234 $ (9 ) $ 1,633 Asset-backed securities (9 ) 1,692 (77 ) 3,565 Total $ (28 ) $ 5,926 $ (86 ) $ 5,198 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 September 30, 2020 U.S. Government agency securities $ 172 $ - $ 172 $ - Municipal securities 11,586 - 11,586 - Mortgage-backed securities 44,045 - 44,045 - Asset-backed securities 5,257 - 5,257 - Total $ 61,060 $ - $ 61,060 $ - 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 September 30, 2020 Amortized Fair Cost Value (in thousands) Due in one to five years $ 169 $ 172 Due in five to ten years 3,567 3,837 Due after ten years 12,735 13,006 Mortgage-backed securities 42,694 44,045 Total $ 59,165 $ 61,060

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	At September 30, At December 31, (in thousands) 2020 2019 Real estate mortgage loans: Commercial $ 126,840 $ 94,728 Residential and home equity 145,894 135,913 Construction 36,996 33,583 Total real estate mortgage loans 309,730 264,224 Commercial loans 156,787 69,770 Consumer and other loans 6,572 7,631 Total loans 473,089 341,625 Add (deduct): Net deferred loan (fees) costs (1,614 ) 499 Allowance for loan losses (5,833 ) (4,414 ) Loans, net $ 465,642 $ 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 September 30, 2020 Beginning balance $ 1,213 $ 1,637 $ 514 $ 1,536 $ 112 $ 236 $ 5,248 Provision (credit) for loan losses 208 48 (63 ) 95 10 323 621 Net (charge-offs) recoveries - - 8 (44 ) - (36 ) Ending balance $ 1,421 $ 1,685 $ 451 $ 1,639 $ 78 $ 559 $ 5,833 Three Month Period Ended September 30, 2019 Beginning balance $ 813 $ 1,458 $ 425 $ 1,225 $ 85 $ - $ 4,006 Provision (credit) for loan losses 48 17 76 76 24 - 241 Net (charge-offs) recoveries - - - (260 ) (5 ) - (265 ) Ending balance $ 861 $ 1,475 $ 501 $ 1,041 $ 104 $ - $ 3,982 Nine Month Period Ended September 30, 2020 Beginning balance $ 1,046 $ 1,573 $ 415 $ 1,284 $ 96 $ - $ 4,414 Provision (credit) for loan losses 375 160 36 1,323 31 559 2,484 Net (charge-offs) recoveries - (48 ) - (968 ) (49 ) - (1,065 ) Ending balance $ 1,421 $ 1,685 $ 451 $ 1,639 $ 78 $ 559 $ 5,833 Nine Month Period Ended September 30, 2019 Beginning balance $ 917 $ 1,397 $ 391 $ 876 $ 80 $ - $ 3,661 Provision (credit) for loan losses (56 ) 78 110 423 30 - 585 Net (charge-offs) recoveries - - - (258 ) (6 ) - (264 ) Ending balance $ 861 $ 1,475 $ 501 $ 1,041 $ 104 $ - $ 3,982 At September 30, 2020 Individually evaluated for impairment: Recorded investment $ - $ 667 $ - $ 648 $ - $ - $ 1,315 Balance in allowance for loan losses $ - $ - $ - $ 258 $ - $ - $ 258 Collectively evaluated for impairment: Recorded investment $ 126,840 $ 145,227 $ 36,996 $ 156,139 $ 6,572 $ - $ 471,774 Balance in allowance for loan losses $ 1,421 $ 1,685 $ 451 $ 1,381 $ 78 $ 559 $ 5,575 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 September 30, 2020 Grade: Pass $ 124,495 $ 144,458 $ 36,148 $ 155,502 $ 6,549 $ 467,152 Special mention 2,345 769 848 425 23 4,410 Substandard - 667 - 860 - 1,527 Doubtful - - - - - - Loss - - - - - - Total $ 126,840 $ 145,894 $ 36,996 $ 156,787 $ 6,572 $ 473,089 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 September 30, 2020 Real estate mortgage loans: Commercial $ - - $ - $ - $ 126,840 $ - $ 126,840 Residential and home equity - - - - 145,227 667 145,894 Construction - - - - 36,996 - 36,996 Commercial loans - - - - 156,139 648 156,787 Consumer and other loans - - - - 6,572 - 6,572 Total $ - $ - $ - $ - $ 471,774 $ 1,315 $ 473,089 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 September 30, 2020 Real estate mortgage loans: Residential and home equity $ 667 $ 667 $ - $ - $ - $ 667 $ 667 $ - Commercial loans - - 648 648 258 648 648 258 Total $ 667 $ 667 $ 648 $ 648 $ 258 $ 1,315 $ 1,315 $ 258 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 September 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 $ 27 $ - $ - $ 611 $ 8 $ 8 Residential and home equity 933 - - 1,106 - 1 Commercial loans 850 5 5 1,362 1 6 Consumer 26 - - 8 - - Total $ 1,836 $ 5 $ 5 $ 3,087 $ 9 $ 15 Nine Months Ended September 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 $ 322 $ 12 $ 11 $ 611 $ 24 $ 24 Residential and home equity 915 - - 658 5 7 Commercial loans 1,232 12 12 616 5 12 Consumer 17 - - 11 - - Total $ 2,486 $ 24 $ 23 $ 1,896 $ 34 $ 43
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	Three Months Ended September 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 Commercial - $ - $ - $ - 1 $ 204 $ 204 $ 204 Total $ - $ - $ - $ - 1 $ 204 $ 204 $ 204 Nine Months Ended September 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 - - - - 2 264 264 264 Total $ - $ - $ - $ - 3 $ 330 $ 330 $ 330

Note 4 - Regulatory Capital (Ta

Note 4 - Regulatory Capital (Tables)	9 Months Ended
	Sep. 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 September 30, 2020 Tier 1 Leverage Capital $ 56,120 9.06 % $ 24,772 4.00 % $ 30,966 5.00 % Common Equity Tier 1 Risk-based Capital 56,120 13.79 18,314 4.50 26,454 6.50 Tier 1 Risk-based Capital 56,120 13.79 24,419 6.00 32,559 8.00 Total Risk-based Capital 61,216 15.04 32,559 8.00 40,699 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)	9 Months Ended
	Sep. 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 September 30: Basic EPS: Net earnings $ 1,481 3,117,623 $ 0.47 $ 964 3,147,696 $ 0.31 Effect of dilutive securities-incremental shares from assumed conversion of options 57 3,625 Diluted EPS: Net earnings $ 1,481 3,117,680 $ 0.47 $ 964 3,151,321 $ 0.31 Nine Months Ending September 30: Basic EPS: Net earnings $ 2,917 3,139,183 $ 0.92 $ 2,595 3,144,082 $ 0.83 Effect of dilutive securities-incremental shares from assumed conversion of options 73 3,685 Diluted EPS: Net earnings $ 2,917 3,139,256 $ 0.92 $ 2,595 3,147,767 $ 0.83

Note 6 - Stock Option Plans (Ta

Note 6 - Stock Option Plans (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	September 30, 2020 2019 Weighted average risk-free interest rate 1.46 % 1.93 % Expected dividend yield 0.60 % 0.39 % Expected stock volatility 14.69 % 9.90 % Expected life in years 6.5 6.5 Per share fair value of options issued during period $ 3.26 $ 2.74
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 September 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 September 30, 2020 6,235 $ 19.64 $ 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 September 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 September 30, 2020 200 $ 10.00 0.26 $ 1,000 Exercisable at September 30, 2020 200 $ 10.00 0.26 $ 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 granted 22,000 $ 20.21 Options forfeited (13,180 ) 20.09 Outstanding at September 30, 2019 272,277 $ 19.80 Options forfeited (10 ) $ 20.09 Outstanding at December 31, 2019 272,267 $ 19.80 Options granted 15,000 $ 20.05 Options forfeited (170 ) 20.09 Outstanding at September 30, 2020 287,097 $ 19.82 7.16 $ - Exercisable at September 30, 2020 120,787 $ 19.43 6.29 $ -

Note 8 - Derivative Financial_2

Note 8 - Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	At September 30, 2020 2019 dollars in thousands Notional amount - interest rate swaps: Stand-alone derivatives $ 21,200 $ - Weighted-average pay rate - interest rate swaps 3.68 % - Weighted-average receive rate - interest rate swaps 3.00 % - Weighted-average maturity (in years) - interest rate swaps 14.8 - Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 189 - Stand-alone derivatives - interest rate swaps (other liabilities) $ (189 ) -

Note 9 - Fair Value of Financ_2

Note 9 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At September 30, 2020 At December 31, 2019 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 56,004 $ 56,004 $ 75,082 $ 75,082 Debt securities available for sale 2 61,060 61,060 61,333 61,333 Loans held for sale 3 14,900 15,137 6,193 6,296 Loans, net 3 465,642 481,058 337,710 342,435 Federal Home Loan Bank stock 3 493 493 404 404 Accrued interest receivable 3 1,879 1,879 1,137 1,137 Derivative contract assets 3 189 189 - - Financial liabilities: Deposits 3 555,247 555,988 438,624 439,208 Other borrowings 3 - - 1,254 1,254 Derivative contract liabilities 3 189 189 - - Off-Balance Sheet Items 3 - - - -
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	At September 30, 2020 (in thousands) Commitments to extend credit $ 20,823 Construction loans in process $ 16,507 Unused lines of credit $ 58,323 Standby financial letters of credit $ 2,400 Standby performance letters of credit $ 318 Guaranteed accounts $ 1,372

Note 10 - Contingency (Tables)

Note 10 - Contingency (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Financing Receivable, Loans With Payment Deferrals [Table Text Block]	(dollars in thousands) Percent Average Cumulative Cumulative Cumulative 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 6 Months Modified or Type 1-4 family owner occupied 2 $ 1,468 $ 734 $ - $ - $ 1,468 69.0 % 29.0 % CRE owner occupied 2 1,032 516 241 - 791 54.0 21.0 CRE non-owner occupied 1 1,737 1,737 - 1,737 - 59.0 35.0 Commercial & Industrial 1 43 43 43 - - N/A 1.0 Construction/Land 1 712 712 - 712 - 22.0 14.0 Consumer 1 18 18 - 18 - N/A - Total 8 $ 5,010 $ 626 $ 284 $ 2,467 $ 2,259 - 100.0 %
Origination of Loans Under Paycheck Protection Program [Table Text Block]	(dollars in thousands) Total Avg. Loan % of Category Balance Balance Total Hospitality $ 6,424 $ 73 7.8 % Real estate services and construction 13,324 69 16.2 Wholesale and retail trade and manufacturing 10,920 85 13.2 Financial, professional, and information services 23,118 108 28.1 Administrative, religious and other services 16,800 80 20.4 Healthcare services 11,826 158 14.3 TOTAL $ 82,412 $ 91 100.0 %

Note 1 - General (Details Textu

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

Note 2 - Debt Securities Avai_3

Note 2 - Debt Securities Available for Sale (Details Textual)	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	10	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	Sep. 30, 2020	Dec. 31, 2019
Amortized Cost	$ 59,165	$ 61,064
Gross Unrealized Gains	2,009	496
Gross Unrealized Losses	(114)	(227)
Debt securities available for sale	61,060	61,333
US Government Agencies Debt Securities [Member]
Amortized Cost	169	408
Gross Unrealized Gains	3
Gross Unrealized Losses		(1)
Debt securities available for sale	172	407
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	10,959	9,332
Gross Unrealized Gains	627	81
Gross Unrealized Losses		(72)
Debt securities available for sale	11,586	9,341
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	42,694	45,499
Gross Unrealized Gains	1,379	401
Gross Unrealized Losses	(28)	(97)
Debt securities available for sale	44,045	45,803
Asset-backed Securities [Member]
Amortized Cost	5,343	5,825
Gross Unrealized Gains		14
Gross Unrealized Losses	(86)	(57)
Debt securities available for sale	$ 5,257	$ 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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 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	Sep. 30, 2020	Dec. 31, 2019
Gross Unrealized Losses, Less Than Twelve Months	$ (28)	$ (186)
Fair Value, Less Than Twelve Months	5,926	12,751
Gross Unrealized Losses, Over Twelve Months	(86)	(41)
Fair Value, Over Twelve Months	5,198	4,115
Collateralized Mortgage Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(19)	(56)
Fair Value, Less Than Twelve Months	4,234	4,629
Gross Unrealized Losses, Over Twelve Months	(9)	(41)
Fair Value, Over Twelve Months	1,633	4,115
Asset-backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months	(9)	(57)
Fair Value, Less Than Twelve Months	1,692	3,901
Gross Unrealized Losses, Over Twelve Months	(77)
Fair Value, Over Twelve Months	$ 3,565
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	Sep. 30, 2020	Dec. 31, 2019
Debt securities available for sale	$ 61,060	$ 61,333
US Government Agencies Debt Securities [Member]
Debt securities available for sale	172	407
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	11,586	9,341
Collateralized Mortgage Backed Securities [Member]
Debt securities available for sale	44,045	45,803
Asset-backed Securities [Member]
Debt securities available for sale	5,257	5,782
Fair Value, Recurring [Member]
Debt securities available for sale	61,060	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	61,060	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	172	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	172	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	11,586	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	11,586	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	44,045	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	44,045	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	5,257	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	5,257	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	Sep. 30, 2020	Dec. 31, 2019
Due in one to five years, amortized cost	$ 169
Due in one to five years, Fair value	172
Due in five to ten years, amortized cost	3,567
Due in five to ten years, Fair value	3,837
Due after ten years, amortized cost	12,735
Due after ten years, Fair value	13,006
Mortgage-backed securities, amortized cost	42,694
Mortgage-backed securities, Fair value	44,045
Total, amortized cost	59,165	$ 61,064
Total, Fair value	$ 61,060	$ 61,333

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)
Number of Portfolio Classes	5		5
Impairment Valuation Loan Limit			$ 500,000
Financing Receivable, Modifications, Number of Contracts	0	1	0	3
Financing Receivable, Troubled Debt Restructuring	$ 66,000		$ 66,000
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	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Total loans	$ 473,089		$ 341,625
Net deferred loan (fees) costs	(1,614)		499
Allowance for loan losses	(5,833)	$ (5,248)	(4,414)	$ (3,982)	$ (4,006)	$ (3,661)
Loans, net	465,642		337,710
Mortgage Receivable [Member]
Total loans	309,730		264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	126,840		94,728
Allowance for loan losses	(1,421)	(1,213)	(1,046)	(861)	(813)	(917)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	145,894		135,913
Allowance for loan losses	(1,685)	(1,637)	(1,573)	(1,475)	(1,458)	(1,397)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	36,996		33,583
Allowance for loan losses	(451)	(514)	(415)	(501)	(425)	(391)
Loans and Finance Receivables [Member]
Total loans			341,625
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	156,787		69,770
Allowance for loan losses	(1,639)	(1,536)	(1,284)	(1,041)	(1,225)	(876)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	6,572		7,631
Allowance for loan losses	$ (78)	$ (112)	$ (96)	$ (104)	$ (85)	$ (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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Beginning balance	$ 5,248	$ 4,006	$ 4,414	$ 3,661
Provision (credit) for loan losses	621	241	2,484	585
Net (charge-offs) recoveries	(36)	(265)	(1,065)	(264)
Ending balance	5,833	3,982	5,833	3,982
Recorded investment, individually evaluated for impairment	1,315		1,315		$ 3,220
Balance in allowance for loan losses, individually evaluated for impairment	258		258		414
Recorded investment, collectively evaluated for impairment	471,774		471,774		338,405
Balance in allowance for loan losses, collectively evaluated for impairment	5,575		5,575		4,000
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Beginning balance	1,213	813	1,046	917
Provision (credit) for loan losses	208	48	375	(56)
Net (charge-offs) recoveries
Ending balance	1,421	861	1,421	861
Recorded investment, individually evaluated for impairment					611
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	126,840		126,840		94,117
Balance in allowance for loan losses, collectively evaluated for impairment	1,421		1,421		1,046
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Beginning balance	1,637	1,458	1,573	1,397
Provision (credit) for loan losses	48	17	160	78
Net (charge-offs) recoveries			(48)
Ending balance	1,685	1,475	1,685	1,475
Recorded investment, individually evaluated for impairment	667		667		965
Balance in allowance for loan losses, individually evaluated for impairment					15
Recorded investment, collectively evaluated for impairment	145,227		145,227		134,948
Balance in allowance for loan losses, collectively evaluated for impairment	1,685		1,685		1,558
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Beginning balance	514	425	415	391
Provision (credit) for loan losses	(63)	76	36	110
Net (charge-offs) recoveries
Ending balance	451	501	451	501
Recorded investment, individually evaluated for impairment
Balance in allowance for loan losses, individually evaluated for impairment
Recorded investment, collectively evaluated for impairment	36,996		36,996		33,583
Balance in allowance for loan losses, collectively evaluated for impairment	451		451		415
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Beginning balance	1,536	1,225	1,284	876
Provision (credit) for loan losses	95	76	1,323	423
Net (charge-offs) recoveries	8	(260)	(968)	(258)
Ending balance	1,639	1,041	1,639	1,041
Recorded investment, individually evaluated for impairment	648		648		1,631
Balance in allowance for loan losses, individually evaluated for impairment	258		258		386
Recorded investment, collectively evaluated for impairment	156,139		156,139		68,139
Balance in allowance for loan losses, collectively evaluated for impairment	1,381		1,381		898
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Beginning balance	112	85	96	80
Provision (credit) for loan losses	10	24	31	30
Net (charge-offs) recoveries	(44)	(5)	(49)	(6)
Ending balance	78	104	78	104
Recorded investment, individually evaluated for impairment					13
Balance in allowance for loan losses, individually evaluated for impairment					13
Recorded investment, collectively evaluated for impairment	6,572		6,572		7,618
Balance in allowance for loan losses, collectively evaluated for impairment	78		78		83
Loans and Finance Receivables [Member] | Unallocated Financing Receivables [Member]
Beginning balance	236
Provision (credit) for loan losses	323		559
Net (charge-offs) recoveries
Ending balance	559		559
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	$ 559		$ 559

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans by credit quality	$ 473,089	$ 341,625
Pass [Member]
Loans by credit quality	467,152	332,536
Special Mention [Member]
Loans by credit quality	4,410	5,589
Substandard [Member]
Loans by credit quality	1,527	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	309,730	264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	126,840	94,728
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	124,495	92,586
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	2,345	1,531
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality		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	145,894	135,913
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	144,458	133,351
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	769	1,597
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	667	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	36,996	33,583
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Pass [Member]
Loans by credit quality	36,148	32,374
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Special Mention [Member]
Loans by credit quality	848	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	156,787	69,770
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	155,502	66,649
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	425	1,197
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	860	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	6,572	7,631
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	6,549	7,576
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	23	55
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality
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	Sep. 30, 2020	Dec. 31, 2019
Accruing Loans, Past Due
Accruing Loans, Current	471,774
Nonaccrual Loans	1,315
Loans by credit quality	473,089	$ 341,625
Total loans	473,089	341,625
Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due
Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Mortgage Receivable [Member]
Loans by credit quality	309,730	264,224
Total loans	309,730	264,224
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Accruing Loans, Past Due
Accruing Loans, Current	126,840
Nonaccrual Loans
Loans by credit quality	126,840	94,728
Total loans	126,840	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	145,227	134,379
Nonaccrual Loans	667	965
Loans by credit quality	145,894	135,913
Total loans	145,894	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	36,996	33,501
Nonaccrual Loans
Loans by credit quality	36,996	33,583
Total loans	36,996	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		87
Accruing Loans, Current	156,139	68,057
Nonaccrual Loans	648	1,626
Loans by credit quality	156,787	69,770
Total loans	156,787	69,770
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Accruing Loans, Past Due		87
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Accruing Loans, Past Due
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Accruing Loans, Past Due		5
Accruing Loans, Current	6,572	7,626
Nonaccrual Loans
Loans by credit quality	6,572	7,631
Total loans	6,572	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	Sep. 30, 2020	Dec. 31, 2019
With No Related Allowance Recorded, Recorded Investment	$ 667	$ 1,835
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)	667	1,835
With an Allowance Recorded, Recorded Investment	648	1,385
With an Allowance Recorded, Unpaid Contractual Principal Balance	648	1,385
Related Allowance	258	414
Total Recorded Investment	1,315	3,220
Total Unpaid Contractual Principal Balance	1,315	3,220
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	667	716
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)	667	716
With an Allowance Recorded, Recorded Investment		249
With an Allowance Recorded, Unpaid Contractual Principal Balance		249
Related Allowance		15
Total Recorded Investment	667	965
Total Unpaid Contractual Principal Balance	667	965
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment		611
With No Related Allowance Recorded, Unpaid Contractual Principal Balance (USD)		611
With an Allowance Recorded, Recorded Investment
With an Allowance Recorded, Unpaid Contractual Principal Balance
Related Allowance
Total Recorded Investment		611
Total Unpaid Contractual Principal Balance		611
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	648	1,123
With an Allowance Recorded, Unpaid Contractual Principal Balance	648	1,123
Related Allowance	258	386
Total Recorded Investment	648	1,631
Total Unpaid Contractual Principal Balance	$ 648	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		13
With an Allowance Recorded, Unpaid Contractual Principal Balance		13
Related Allowance		13
Total Recorded Investment		13
Total Unpaid Contractual Principal Balance		$ 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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Average recorded investment	$ 1,836	$ 3,087	$ 2,486	$ 1,896
Interest income recognized	5	9	24	34
Interest income received	5	15	23	43
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Average recorded investment	27	611	322	611
Interest income recognized		8	12	24
Interest income received		8	11	24
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Average recorded investment	933	1,106	915	658
Interest income recognized				5
Interest income received		1		7
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Average recorded investment	850	1,362	1,232	616
Interest income recognized	5	1	12	5
Interest income received	5	6	12	12
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Average recorded investment	26	8	17	11
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) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)
Number of Contracts	0	1	0	3
Modified Principal [Member]
Number of Contracts		1		3
Pre-Modification Outstanding Recorded Investment		$ 204		$ 330
Post-Modification Outstanding Recorded Investment		204		330
Current Modification Outstanding Recorded Investment		$ 204		$ 330
Commercial Real Estate Portfolio Segment [Member] | Modified Principal [Member]
Number of Contracts		1		2
Pre-Modification Outstanding Recorded Investment		$ 204		$ 264
Post-Modification Outstanding Recorded Investment		204		264
Current Modification Outstanding Recorded Investment		$ 204		$ 264
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
Pre-Modification Outstanding Recorded Investment				$ 66
Post-Modification Outstanding Recorded Investment				66
Current Modification Outstanding Recorded Investment				$ 66

Note 4 - Regulatory Capital (De

Note 4 - Regulatory Capital (Details Textual)	9 Months Ended
	Sep. 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	Sep. 30, 2020	Dec. 31, 2019
Tier 1 Leverage Capital, actual amount	$ 56,120	$ 46,752
Tier 1 Leverage Capital, actual percentage	0.0906	0.0931
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 24,772	$ 20,084
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Percentage	0.04	0.04
Tier 1 Leverage Capital, For Well Capitalized Purposes, Amount	$ 30,966	$ 25,105
Tier 1 Leverage Capital, For Well Capitalized Purposes, Percentage	0.05	0.05
Common Equity Tier 1 Risk-based Capital, actual amount	$ 56,120	$ 46,752
Common Equity Tier 1 Risk-based Capital, actual percentage	0.1379	0.1324
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 18,314	$ 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	$ 26,454	$ 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	$ 56,120	$ 46,752
Tier 1 Risk-based Capital, actual percentage	0.1379	0.1324
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 24,419	$ 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	$ 32,559	$ 28,240
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	0.08	0.08
Total Risk-based Capital, actual amount	$ 61,216	$ 51,165
Total Risk-based Capital, actual percentage	0.1504	0.1449
Total Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 32,559	$ 28,240
Total Risk-based Capital, For Well Capitalized Purposes, Amount	$ 40,699	$ 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		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net earnings, basic	$ 1,481	$ 964	$ 2,917	$ 2,595
Weighted-average Shares, basic (in shares)	3,117,623	3,147,696	3,139,183	3,144,082
Net earnings, per share amount, basic (in dollars per share)	$ 0.47	$ 0.31	$ 0.92	$ 0.83
Effect of dilutive securities-incremental shares from assumed conversion of options (in shares)	57	3,625	73	3,685
Net earnings, diluted	$ 1,481	$ 964	$ 2,917	$ 2,595
Weighted-average Shares, diluted (in shares)	3,117,680	3,151,321	3,139,256	3,147,767
Net earnings, per share amount, diluted (in dollars per share)	$ 0.47	$ 0.31	$ 0.92	$ 0.83

Note 6 - Stock Option Plans (De

Note 6 - Stock Option Plans (Details Textual) - USD ($)	Feb. 21, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Sep. 30, 2020	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		$ 12,000	$ 7,000	$ 34,000	$ 14,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 92,000		$ 92,000			$ 92,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				2 years 7 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, Options, Grants in Period, Gross (in shares)				15,000	22,000		301,457
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		173,144		173,144			173,144
Share-based Payment Arrangement, Expense		$ 43,000	38,000	$ 127,000	$ 117,000
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			500,000
Maximum Percentage of Shares Issued				15.00%
Share-based Payment Arrangement, Expense, Tax Benefit		$ 9,000	$ 6,000	$ 27,000	$ 16,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount		459,000		$ 459,000			$ 459,000
Share-based Compensation Arrangement By Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term (Year)				2 years 292 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
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			$ 0
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		74,805		74,805			74,805
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)		1,343	975	3,503	2,586
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)		48,137		48,137			48,137
Share-based Payment Arrangement, Expense		$ 25,000	$ 20,000	$ 66,000	$ 51,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees		110.00%		110.00%			110.00%

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 ($)	3 Months Ended	9 Months Ended		69 Months Ended
	Dec. 31, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020
Number of Options, Outstanding, beginning balance (in shares)	272,277	272,267	263,457
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 19.80	$ 19.80	$ 19.78
Number of Options, granted (in shares)		15,000	22,000	301,457
Weighted-average Exercise Price, Options granted (in dollars per share)		$ 20.05	$ 20.21
Number of Options, forfeited (in shares)	(10)	(170)	(13,180)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ 20.09	$ 20.09	$ 20.09
Number of Options, outstanding (in shares)	272,267	287,097	272,277	287,097
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 19.80	$ 19.82	$ 19.80	$ 19.82
Weighted-average Remaining Contractual Term, Outstanding (Year)		7 years 58 days
Aggregate Intrinsic Value, Outstanding
Number of Options, Exercisable (in shares)		120,787		120,787
Weighted-average Exercise Price, Exercisable (in dollars per share)		$ 19.43		$ 19.43
Weighted-average Remaining Contractual Term, Exercisable (Year)		6 years 105 days
Aggregate Intrinsic Value, Exercisable

Note 6 - Stock Option Plans - B

Note 6 - Stock Option Plans - Black-Scholes Option-pricing Model Assumptions (Details) - $ / shares	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Weighted average risk-free interest rate	1.46%	1.93%
Expected dividend yield	0.60%	0.39%
Expected stock volatility	14.69%	9.90%
Expected life in years (Year)	6 years 182 days	6 years 182 days
Per share fair value of options issued during period (in dollars per share)	$ 3.26	$ 2.74

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 ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Sep. 30, 2020	Sep. 30, 2019
Number of Options, Outstanding, beginning balance (in shares)	4,400		2,200	4,700
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 11.46		$ 12.27	$ 11.37
Number of Options, Exercised (in shares)		(200)	(2,000)	(300)
Weighted-average Exercise Price, Options exercised (in dollars per share)		$ 10	$ 12.50	$ 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)	2,200	2,200	200	4,400
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 12.27	$ 12.27	$ 10	$ 11.46
Weighted-average Remaining Contractual Term, Outstanding (Year)			94 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)			94 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 ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 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)	$ 19.64		$ 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 and Other Borrowings (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 62,200
Federal Home Loan Bank Advances, Total	0	$ 0
Revolving Credit Facility [Member] | Thomasville National Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000
Debt Instrument, Term (Year)	5 years
Debt Instrument, Interest Rate, Stated Percentage	3.25%
Long-term Line of Credit, Total	$ 0

Note 8 - Derivative Financial_3

Note 8 - Derivative Financial Instruments (Details Textual)	Sep. 30, 2020USD ($)
Interest-bearing Deposit [Member]
Derivative, Collateral, Right to Reclaim Cash	$ 300,000

Note 8 - Derivative Financial_4

Note 8 - Derivative Financial Instruments - Schedule of Derivatives (Details) - Interest Rate Swap [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Stand-alone derivatives	$ 21,200
Weighted-average pay rate - interest rate swaps	3.68%
Weighted-average receive rate - interest rate swaps	3.00%
Weighted-average maturity (in years) - interest rate swaps (Year)	14 years 292 days
Stand-alone derivatives - interest rate swaps (other assets)	$ 189
Stand-alone derivatives - interest rate swaps (other liabilities)	$ (189)

Note 9 - Fair Value of Financ_3

Note 9 - Fair Value of Financial Instruments (Details Textual) - Standby Financial Letters of Credit [Member]	9 Months Ended
	Sep. 30, 2020USD ($)
Debt Instrument, Term (Year)	1 year
Debt Instrument, Collateral Amount	$ 648,000
Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10.00%

Note 9 - Fair Value of Financ_4

Note 9 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt securities available for sale	$ 61,060	$ 61,333
Loans held for sale	14,900	6,193
Accrued interest receivable	1,879	1,137
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	56,004	75,082
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	61,060	61,333
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	14,900	6,193
Loans Receivable, Fair Value Disclosure	465,642	337,710
Federal Home Loan Bank stock	493	404
Accrued interest receivable	1,879	1,137
Derivative contract assets	189
Deposits	555,247	438,624
Other borrowings		1,254
Derivative contract liabilities	189
Off-Balance Sheet Items
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	56,004	75,082
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	61,060	61,333
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	15,137	6,296
Loans Receivable, Fair Value Disclosure	481,058	342,435
Federal Home Loan Bank stock	493	404
Accrued interest receivable	1,879	1,137
Derivative contract assets	189
Deposits	555,988	439,208
Other borrowings		1,254
Derivative contract liabilities	189
Off-Balance Sheet Items

Note 9 - Off-balance Sheet Fina

Note 9 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2020USD ($)
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	$ 20,823
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	16,507
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	58,323
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,400
Performance Standby Letters Of Credit [Member]
Contractual amounts with off-balance-sheet risk	318
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,372

Note 10 - Contingency (Details

Note 10 - Contingency (Details Textual) $ in Thousands	Sep. 30, 2020USD ($)
Number Of Loans Under PPP Approved	911
Loans Under PPP Approved Amount	$ 82,800
Financing Receivable, Aggregate Number of Principal and Interest Payment Deferrals	70
Financing Receivable, Aggregate Principal and Interest Deferred Payments	$ 42,400
Financing Receivable, Reverted Back to Pre-Modification Terms, Number of Contracts	62
Financing Receivable, Reverted Back to Pre-Modification Terms	$ 37,400
Mortgage Receivable [Member]
Percentage of Forbearance Requests For Loan	88.90%
Paycheck Protection Program Liquidity Facility [Member]
Long-term Debt, Total	$ 0

Note 10 - Contingency - Payment

Note 10 - Contingency - Payment Deferral Requests (Details) $ in Thousands	Sep. 30, 2020USD ($)
Number of Loans Modified	8
Dollar Amount Loans Modified	$ 5,010
Average Balance Loans Modified	626
Interest Only 3 Months	284
Interest Only 4-6 Months	2,467
Full Payment Deferral 3 Months	$ 2,259
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	2
Dollar Amount Loans Modified	$ 1,468
Average Balance Loans Modified	734
Interest Only 3 Months
Interest Only 4-6 Months
Full Payment Deferral 3 Months	$ 1,468
Weighted Average LTV Loans Modified	69.00%
Percent of Total Loan Collateral or Type	29.00%
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate, Owner Occupied [Member]
Number of Loans Modified	2
Dollar Amount Loans Modified	$ 1,032
Average Balance Loans Modified	516
Interest Only 3 Months	241
Interest Only 4-6 Months
Full Payment Deferral 3 Months	$ 791
Weighted Average LTV Loans Modified	54.00%
Percent of Total Loan Collateral or Type	21.00%
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate, Non-owner Occupied [Member]
Number of Loans Modified	1
Dollar Amount Loans Modified	$ 1,737
Average Balance Loans Modified	1,737
Interest Only 3 Months
Interest Only 4-6 Months	1,737
Full Payment Deferral 3 Months
Weighted Average LTV Loans Modified	59.00%
Percent of Total Loan Collateral or Type	35.00%
Commercial Portfolio Segment [Member]
Number of Loans Modified	1
Dollar Amount Loans Modified	$ 43
Average Balance Loans Modified	43
Interest Only 3 Months	43
Interest Only 4-6 Months
Full Payment Deferral 3 Months
Percent of Total Loan Collateral or Type	1.00%
Real Estate Construction Loan [Member]
Number of Loans Modified	1
Dollar Amount Loans Modified	$ 712
Average Balance Loans Modified	712
Interest Only 3 Months
Interest Only 4-6 Months	712
Full Payment Deferral 3 Months
Weighted Average LTV Loans Modified	22.00%
Percent of Total Loan Collateral or Type	14.00%
Consumer Portfolio Segment [Member]
Number of Loans Modified	1
Dollar Amount Loans Modified	$ 18
Average Balance Loans Modified	18
Interest Only 3 Months
Interest Only 4-6 Months	18
Full Payment Deferral 3 Months
Percent of Total Loan Collateral or Type

Note 10 - Contingency - Origina

Note 10 - Contingency - Origination of PPP Loans (Details) $ in Thousands	Sep. 30, 2020USD ($)
Loans Originated	$ 82,412
Loans Originated, average loan balance	$ 91
Loans Originated, percent of total	100.00%
Hospitality [Member]
Loans Originated	$ 6,424
Loans Originated, average loan balance	$ 73
Loans Originated, percent of total	7.80%
Real Estate Services and Construction [Member]
Loans Originated	$ 13,324
Loans Originated, average loan balance	$ 69
Loans Originated, percent of total	16.20%
Wholesale and Retail Trade and Manufacturing [Member]
Loans Originated	$ 10,920
Loans Originated, average loan balance	$ 85
Loans Originated, percent of total	13.20%
Financial, Professional, and Information Services [Member]
Loans Originated	$ 23,118
Loans Originated, average loan balance	$ 108
Loans Originated, percent of total	28.10%
Administrative, Religious and Other Services [Member]
Loans Originated	$ 16,800
Loans Originated, average loan balance	$ 80
Loans Originated, percent of total	20.40%
Healthcare Services [Member]
Loans Originated	$ 11,826
Loans Originated, average loan balance	$ 158
Loans Originated, percent of total	14.30%