Investar Holding (ISTR) 10-Q 6 May 21 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2021	May 03, 2021shares
Document Information [Line Items]
Entity Central Index Key	0001602658
Entity Registrant Name	Investar Holding Corporation
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-36522
Entity Incorporation, State or Country Code	LA
Entity Tax Identification Number	27-1560715
Entity Address, Address Line One	10500 Coursey Boulevard
Entity Address, City or Town	Baton Rouge
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70816
City Area Code	225
Local Phone Number	227-2222
Title of 12(b) Security	Common stock, $1.00 par value per share
Trading Symbol	ISTR
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,413,331
ALABAMA
Document Information [Line Items]
Entity Number of Employees	319

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 29,970	$ 25,672
Interest-bearing balances due from other banks	69,400	9,696
Federal funds sold	97	0
Cash and cash equivalents	99,467	35,368
Available for sale securities at fair value (amortized cost of $299,310 and $263,913, respectively)	301,433	268,410
Held to maturity securities at amortized cost (estimated fair value of $12,341 and $12,649, respectively)	11,966	12,434
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively	1,825,547	1,839,955
Equity securities	16,763	16,599
Bank premises and equipment, net of accumulated depreciation of $16,803 and $15,830, respectively	56,631	56,303
Other real estate owned, net	1,518	663
Accrued interest receivable	12,868	12,969
Deferred tax asset	0	1,360
Goodwill and other intangible assets, net	32,001	32,232
Bank owned life insurance	39,131	38,908
Other assets	10,631	5,980
Total assets	2,407,956	2,321,181
Deposits:
Noninterest-bearing	515,487	448,230
Interest-bearing	1,494,393	1,439,594
Total deposits	2,009,880	1,887,824
Advances from Federal Home Loan Bank	82,500	120,500
Repurchase agreements	4,274	5,653
Subordinated debt, net of unamortized issuance costs	42,920	42,897
Junior subordinated debt	5,962	5,949
Accrued taxes and other liabilities	14,169	15,074
Total liabilities	2,159,705	2,077,897
STOCKHOLDERS’ EQUITY
Preferred stock, no par value per share; 5,000,000 shares authorized	0	0
Common stock, $1.00 par value per share; 40,000,000 shares authorized; 10,436,493 and 10,608,869 shares issued and outstanding, respectively	10,436	10,609
Surplus	155,822	159,485
Retained earnings	75,998	71,385
Accumulated other comprehensive income	5,995	1,805
Total stockholders’ equity	248,251	243,284
Total liabilities and stockholders’ equity	$ 2,407,956	$ 2,321,181

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Available for sale securities, amortized cost	$ 299,310	$ 263,913
Held to maturity securities, far value	12,341	12,649
Allowance for loan losses	20,423	20,363
Bank premises and equipment, accumulated depreciation	$ 16,803	$ 15,830
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares outstanding (in shares)	10,436,493	10,608,869
Common stock, shares issued (in shares)	10,436,493	10,608,869

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
INTEREST INCOME
Interest and fees on loans	$ 21,627	$ 21,669
Interest on investment securities	1,179	1,695
Other interest income	163	257
Total interest income	22,969	23,621
INTEREST EXPENSE
Interest on deposits	2,302	5,032
Interest on borrowings	1,033	1,254
Total interest expense	3,335	6,286
Net interest income	19,634	17,335
Provision for loan losses	400	3,760
Net interest income after provision for loan losses	19,234	13,575
NONINTEREST INCOME
Gain on sale of investment securities, net	600	172
Loss on sale of fixed assets, net	(2)	0
Gain on sale of other real estate owned, net	0	26
Income from bank owned life insurance	223	190
Change in the fair value of equity securities	65	(826)
Other operating income	536	541
Total noninterest income	2,365	1,089
Income before noninterest expense	21,599	14,664
NONINTEREST EXPENSE
Depreciation and amortization	1,206	1,033
Salaries and employee benefits	8,695	7,953
Occupancy	637	531
Data processing	746	693
Marketing	41	32
Professional fees	358	394
Acquisition expense	361	751
Other operating expenses	2,765	2,520
Total noninterest expense	14,809	13,907
Income before income tax expense	6,790	757
Income tax expense	1,430	149
Net income	$ 5,360	$ 608
EARNINGS PER SHARE
Basic earnings per share (in dollars per share)	$ 0.51	$ 0.05
Diluted earnings per share (in dollars per share)	0.51	0.05
Cash dividends declared per common share (in dollars per share)	$ 0.07	$ 0.06
Deposit Account [Member]
NONINTEREST INCOME
Service charges on deposit accounts	$ 491	$ 571
Bank Servicing [Member]
NONINTEREST INCOME
Service charges on deposit accounts	64	120
Credit and Debit Card [Member]
NONINTEREST INCOME
Service charges on deposit accounts	$ 388	$ 295

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 5,360	$ 608
Unrealized (loss) gain on investment securities:
Unrealized (loss) gain, available for sale, net of tax (benefit) expense of ($372) and $149, respectively	(1,401)	562
Reclassification of realized gain, net of tax expense of $126 and $36, respectively	(474)	(136)
Fair value of derivative financial instruments:
Change in fair value of interest rate swaps designated as a cash flow hedge, net of tax expense (benefit) of $1,612 and ($667), respectively	6,065	(2,511)
Total other comprehensive income (loss)	4,190	(2,085)
Total comprehensive income (loss)	$ 9,550	$ (1,477)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Unrealized (loss) gain, available for sale, tax	$ (372)	$ 149
Reclassification of realized gain, tax	126	36
Change in fair value of interest rate swaps designated as a cash flow hedge, tax	$ 1,612	$ (667)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2019	$ 11,229	$ 168,658	$ 60,198	$ 1,891	$ 241,976
Stock issuance costs	0	(45)	0	0	(45)
Surrendered shares	(13)	(279)	0	0	(292)
Options exercised	3	43	0	0	46
Dividends declared	0	0	(660)	0	(660)
Stock-based compensation	48	335	0	0	383
Shares repurchased	(327)	(6,332)	0	0	(6,659)
Net income	0	0	608	0	608
Other comprehensive loss, net	0	0	0	(2,085)	(2,085)
Balance at Mar. 31, 2020	10,940	162,380	60,146	(194)	233,272
Balance at Dec. 31, 2020	10,609	159,485	71,385	1,805	243,284
Surrendered shares	(19)	(337)	0	0	(356)
Options exercised	8	107	0	0	115
Dividends declared	0	0	(747)	0	(747)
Stock-based compensation	64	336	0	0	400
Shares repurchased	(226)	(3,769)	0	0	(3,995)
Net income	0	0	5,360	0	5,360
Other comprehensive loss, net	0	0	0	4,190	4,190
Balance at Mar. 31, 2021	$ 10,436	$ 155,822	$ 75,998	$ 5,995	$ 248,251

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Dividends per share declared (in dollars per share)	$ 0.07	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 5,360	$ 608
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,206	1,033
Provision for loan losses	400	3,760
Amortization of purchase accounting adjustments	(140)	(299)
Net amortization of securities	919	538
Gain on sale of investment securities, net	(600)	(172)
Loss on sale of fixed assets, net	2	0
Gain on sale of other real estate owned, net	0	(26)
FHLB stock dividend	(11)	(715)
Stock-based compensation	400	383
Deferred taxes	367	(347)
Net change in value of bank owned life insurance	(223)	(190)
Amortization of subordinated debt issuance costs	23	5
Change in the fair value of equity securities	(65)	826
Net change in:
Accrued interest receivable	101	(851)
Other assets	933	(1,270)
Accrued taxes and other liabilities	782	(2,500)
Net cash provided by operating activities	9,454	783
Cash flows from investing activities:
Proceeds from sales of investment securities available for sale	17,123	16,572
Purchases of securities available for sale	(74,334)	(47,882)
Proceeds from maturities, prepayments and calls of investment securities available for sale	21,505	15,014
Proceeds from maturities, prepayments and calls of investment securities held to maturity	458	151
Proceeds from redemption or sale of equity securities	435	2,371
Purchases of equity securities	(523)	(820)
Net decrease in loans	13,789	6,322
Proceeds from sales of other real estate owned	0	131
Purchases of other real estate owned	(501)	0
Purchases of fixed assets	(1,429)	(1,759)
Distributions from investments	0	7
Cash paid for acquisition of PlainsCapital branches, net of cash acquired	0	(10,761)
Net cash used in investing activities	(23,477)	(20,654)
Cash flows from financing activities:
Net increase (decrease) in customer deposits	122,074	(15,803)
Net (decrease) increase in repurchase agreements	(1,379)	737
Net (decrease) increase in short-term FHLB advances	(38,000)	36,721
Repayments of long-term FHLB advances	0	(600)
Cash dividends paid on common stock	(693)	(679)
Proceeds from stock options and warrants exercised	115	46
Payments to repurchase common stock	(3,995)	(6,659)
Payments of stock issuance costs	0	(45)
Net cash provided by financing activities	78,122	13,718
Net change in cash and cash equivalents	64,099	(6,153)
Cash and cash equivalents, beginning of period	35,368	44,695
Cash and cash equivalents, end of period	$ 99,467	$ 38,542

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Basis of Presentation The accompanying unaudited consolidated financial statements of Investar Holding Corporation (the “Company”) have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10 10 X. not three March 31, 2021 not may December 31, 2020 10 March 10, 2021. Nature of Operations The Company, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association (the “Bank”), a national bank, primarily to meet the needs of individuals and small to medium-sized businesses. The Company’s primary markets are in Louisiana, Texas and Alabama. At March 31, 2021 five Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. While management uses available information to recognize losses on loans, future additions to the allowance may may may Other estimates that are susceptible to significant change in the near term relate to the determination of other-than-temporary impairments of securities, and the fair value of financial instruments and goodwill. The ongoing COVID- 19 Investment Securities The Company’s investments in debt securities are accounted for in accordance with applicable guidance contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which requires the classification of securities into one • Securities available for sale (“AFS”): available for sale securities consist of bonds, notes, and debentures that are available to meet the Company’s operating needs. These securities are reported at fair value. • Securities to be held to maturity (“HTM”): bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. Unrealized holding gains and losses, net of tax, on AFS debt securities are reported as a net amount in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Realized gains and losses on the sale of debt securities are determined using the specific-identification method. The Company follows FASB guidance related to the recognition and presentation of other-than-temporary impairment. The guidance specifies that if an entity does not not not not not not not Equity Securities The Company is a member of the Federal Home Loan Bank (“FHLB”) system. Members of the FHLB are required to own a certain amount of stock based on the level of borrowings and other factors, and may March 31, 2021 December 31, 2020 In addition, equity securities include marketable securities in corporate stocks and mutual funds. The estimated fair value of equity securities totaled $1.8 million and $1.7 million at March 31, 2021 December 31, 2020 Loans The Company’s loan portfolio categories include real estate, commercial and consumer loans. Real estate loans are further categorized into construction and development, 1 4 third Loans for which management has the intent and ability to hold for the foreseeable future, or until maturity or pay-off are stated at unpaid principal balances, adjusted by an allowance for loan losses. Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Loans are ordinarily placed on nonaccrual when a loan is specifically determined to be impaired or when principal or interest is delinquent for 90 may not may The Company considers a loan to be impaired when, based upon current information and events, it believes it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not not The Company follows the FASB accounting guidance on sales of financial assets, which includes participating interests in loans. For loan participations that are structured in accordance with this guidance, the sold portions are recorded as a reduction of the loan portfolio. Loan participations that do not Treatment of Loan Modifications Pursuant to the CARES Act and Interagency Statement Section 4013 March 27, 2020 March 1, 2020 December 31, 2020 60 19 may not 30 December 31, 2019. not not 2021 December 27, 2020 January 1, 2022 60 In addition, our banking regulators and other financial regulators, on March 22, 2020 April 7, 2020, may 19 not 4013 may not not six 30 not not not Accordingly, we are offering short-term modifications made in response to COVID- 19 not 90 March 31, 2021, 90 December 31, 2020. 4013 not may Allowance for Loan Losses The allowance for loan losses is estimated through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. The allowance is an amount that management believes will be adequate to absorb probable losses inherent in the loan portfolio as of the balance sheet date based on evaluations of the collectability of loans and prior loan loss experience. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions that may The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. Based on management’s review and observations made through qualitative review, management may may not In the ordinary course of business, the Bank enters into commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the financial statements when they become payable. The credit risk associated with these commitments is evaluated in a manner similar to the allowance for loan losses. The reserve for unfunded lending commitments is included in accrued taxes and other liabilities in the consolidated balance sheet. At March 31, 2021 December 31, 2020 Acquisition Accounting Business combinations are accounted for under the acquisition method of accounting. Purchased assets and assumed liabilities are recorded at their respective acquisition date fair values, and identifiable intangible assets are recorded at fair value. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. If the fair value of the net assets received exceeds the consideration given, a bargain purchase gain is recognized. Fair values are subject to refinement for up to one Loans acquired in a business combination are recorded at their estimated fair value as of the acquisition date. The fair value of loans acquired is determined using a discounted cash flow model based on assumptions regarding the amount and timing of principal and interest prepayments, estimated payments, estimated default rates, estimated loss severity in the event of defaults, and current market rates. Estimated credit losses are included in the determination of fair value; therefore, an allowance for loan losses is not 310 30, not 310 30 The Company accounts for acquired impaired loans under ASC Topic 310 30, Loans and Debt Securities Acquired with Deteriorated Credit Quality 310 30” 310 30 Reclassifications Certain reclassifications have been made to the 2020 2021 Concentrations of Credit Risk The Company’s loan portfolio consists of the various types of loans described in Note 5. not one Accounting Standards Adopted in 2021 FASB ASC Topics 321, 323, 815 Investments Equity Securities (Topic 321 Equity Method and Joint Ventures (Topic 323 815 ASU No. 2020 01. 2020 01 January 1, 2021. 321, 323, 815 2020 01 321 2020 01 not Accounting Pronouncements Not FASB ASC Topic 326 Financial Instruments Credit Losses: Measurement of Credit Losses on Financial Instruments Update No. 2016 13. No. 2016 13 June 2016. 2016 13 2016 13 third 2016 13. The adoption of ASU 2016 13 2016 13 2016 13, This amendment was originally effective for fiscal years beginning after December 15, 2019, July 2019, October 2019, December 15, 2022, 2016 13 January 1, 2023. January 1, 2023 FASB ASC Topic 848 Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting Update No. 2020 04. March 2020, 2020 04, March 12, 2020, may December 31, 2022.

Note 2 - Business Combinations

Note 2 - Business Combinations	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2. PlainsCapital On February 21, 2020, two The table below shows the allocation of the consideration paid for certain assets, deposits and other liabilities associated with the Alice and Victoria, Texas locations of PlainsCapital and the goodwill generated from the transaction (dollars in thousands). Purchase price: Cash paid $ 11,162 Fair value of assets acquired: Cash and cash equivalents 353 Loans 45,299 Bank premises and equipment 2,770 Core deposit intangible asset 170 Other assets 163 Total assets acquired 48,755 Fair value of liabilities acquired: Deposits 36,973 Other liabilities 1,084 Total liabilities assumed 38,057 Fair value of net assets acquired 10,698 Goodwill $ 464 The fair value of net assets acquired includes a fair value adjustment to loans as of the acquisition date. The adjustment for the acquired loan portfolio is based on current market interest rates at the time of acquisition, and the Company’s initial evaluation of credit losses identified. The contractually required principal and interest payments of the loans acquired from PlainsCapital total $51.3 million. No Acquisition Expense Acquisition related costs of $0.4 million and $0.8 million are included in acquisition expenses in the accompanying consolidated statements of income for the three March 31, 2021 2020 three March 31, 2021, April 1, 2021. 12. three March 31, 2020, two

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	3. The following is a summary of the information used in the computation of basic and diluted earnings per share for the three March 31, 2021 2020 Three months ended March 31, 2021 2020 Earnings per common share - basic Net income $ 5,360 $ 608 Less: income allocated to participating securities (20 ) (3 ) Net income allocated to common shareholders 5,340 605 Weighted-average basic shares outstanding 10,509,468 11,143,078 Basic earnings per common share $ 0.51 $ 0.05 Earnings per common share - diluted Net income allocated to common shareholders $ 5,340 $ 605 Weighted-average basic shares outstanding 10,509,468 11,143,078 Dilutive effect of securities 57,705 68,265 Total weighted average diluted shares outstanding 10,567,173 11,211,343 Diluted earnings per common share $ 0.51 $ 0.05 The weighted average shares that have an antidilutive effect in the calculation of diluted earnings per common share and have been excluded from the computations above are shown below. Three months ended March 31, 2021 2020 Stock options — 3,782 Restricted stock awards 209 295 Restricted stock units 8,242 64,780

Note 4 - Investment Securities

Note 4 - Investment Securities	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	4. The amortized cost and approximate fair value of investment securities classified as AFS are summarized below as of the dates presented (dollars in thousands). Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value March 31, 2021 Obligations of U.S. government agencies and corporations $ 38,230 $ 160 $ (54 ) $ 38,336 Obligations of state and political subdivisions 22,094 712 (95 ) 22,711 Corporate bonds 29,206 433 (131 ) 29,508 Residential mortgage-backed securities 138,163 1,955 (752 ) 139,366 Commercial mortgage-backed securities 71,617 647 (752 ) 71,512 Total $ 299,310 $ 3,907 $ (1,784 ) $ 301,433 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2020 Obligations of U.S. government agencies and corporations $ 36,648 $ 201 $ (28 ) $ 36,821 Obligations of state and political subdivisions 21,650 490 (3 ) 22,137 Corporate bonds 27,583 348 (223 ) 27,708 Residential mortgage-backed securities 119,934 2,675 (11 ) 122,598 Commercial mortgage-backed securities 58,098 1,202 (154 ) 59,146 Total $ 263,913 $ 4,916 $ (419 ) $ 268,410 Proceeds from sales of investment securities AFS and gross gains and losses are summarized below for the periods presented (dollars in thousands). Three months ended March 31, 2021 2020 Proceeds from sale $ 17,123 $ 16,572 Gross gains $ 602 $ 182 Gross losses $ (2 ) $ (10 ) The amortized cost and approximate fair value of investment securities classified as HTM are summarized below as of the dates presented (dollars in thousands). Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value March 31, 2021 Obligations of state and political subdivisions $ 8,106 $ 217 $ — $ 8,323 Residential mortgage-backed securities 3,860 158 — 4,018 Total $ 11,966 $ 375 $ — $ 12,341 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2020 Obligations of state and political subdivisions $ 8,225 $ 12 $ — $ 8,237 Residential mortgage-backed securities 4,209 203 — 4,412 Total $ 12,434 $ 215 $ — $ 12,649 Securities are classified in the consolidated balance sheets according to management’s intent. The Company had no securities classified as trading as of March 31, 2021 December 31, 2020 The number of AFS securities, fair value, and unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). There were no March 31, 2021 December 31, 2020 Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Count Fair Value Losses Fair Value Losses Fair Value Losses March 31, 2021 Obligations of U.S. government agencies and corporations 10 $ 6,658 $ (47 ) $ 5,754 $ (7 ) $ 12,412 $ (54 ) Obligations of state and political subdivisions 5 2,726 (95 ) — — 2,726 (95 ) Corporate bonds 15 3,921 (114 ) 1,983 (17 ) 5,904 (131 ) Residential mortgage-backed securities 40 56,937 (752 ) — — 56,937 (752 ) Commercial mortgage-backed securities 53 20,922 (624 ) 13,140 (128 ) 34,062 (752 ) Total 123 $ 91,164 $ (1,632 ) $ 20,877 $ (152 ) $ 112,041 $ (1,784 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Count Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2020 Obligations of U.S. government agencies and corporations 12 $ 9,080 $ (19 ) $ 4,043 $ (9 ) $ 13,123 $ (28 ) Obligations of state and political subdivisions 4 505 (3 ) 204 — 709 (3 ) Corporate bonds 22 6,970 (133 ) 2,559 (90 ) 9,529 (223 ) Residential mortgage-backed securities 6 11,070 (11 ) — — 11,070 (11 ) Commercial mortgage-backed securities 26 6,921 (57 ) 7,965 (97 ) 14,886 (154 ) Total 70 $ 34,546 $ (223 ) $ 14,771 $ (196 ) $ 49,317 $ (419 ) Unrealized losses are generally due to changes in interest rates. Beginning in the first 2020, 19 not not not March 31, 2021 December 31, 2020 The amortized cost and approximate fair value of debt securities, by contractual maturity (including mortgage-backed securities), are shown below as of the dates presented (dollars in thousands). Actual maturities may may Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value March 31, 2021 Due within one year $ 1,493 $ 1,503 $ 830 $ 851 Due after one year through five years 14,095 14,291 2,745 2,845 Due after five years through ten years 65,135 65,986 4,531 4,626 Due after ten years 218,587 219,653 3,860 4,019 Total debt securities $ 299,310 $ 301,433 $ 11,966 $ 12,341 Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value December 31, 2020 Due within one year $ 1,669 $ 1,691 $ 830 $ 832 Due after one year through five years 12,937 13,014 2,745 2,751 Due after five years through ten years 64,159 64,865 4,650 4,654 Due after ten years 185,148 188,840 4,209 4,412 Total debt securities $ 263,913 $ 268,410 $ 12,434 $ 12,649 At March 31, 2021 December 31, 2020

Note 5 - Loans and Allowance fo

Note 5 - Loans and Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	5. The Company’s loan portfolio consists of the following categories of loans as of the dates presented (dollars in thousands). March 31, 2021 December 31, 2020 Construction and development $ 190,816 $ 206,011 1-4 Family 341,266 339,525 Multifamily 60,844 60,724 Farmland 24,145 26,547 Commercial real estate 829,880 812,395 Total mortgage loans on real estate 1,446,951 1,445,202 Commercial and industrial 380,534 394,497 Consumer 18,485 20,619 Total loans $ 1,845,970 $ 1,860,318 Unamortized premiums and discounts on loans, included in the total loans balances above, were $1.6 million and $1.8 million at March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 In the second 2020, 2020 19 100% 1% June 5, 2020, two June 5, 2020, five July 2020, June 30, 2020. July 6, 2020, August 8, 2020. December 27, 2020, $900 first second January 2021, March 31, 2021 May 31, 2021, 2021, $1.9 March 2021. March 31, 2021 December 31, 2020 The table below provides an analysis of the aging of loans as of the dates presented (dollars in thousands). March 31, 2021 Accruing 30-59 Days 60-89 Days 90 Days or More Total Past Due Acquired Current Past Due Past Due Past Due Nonaccrual & Nonaccrual Impaired Loans Total Loans Construction and development $ 190,249 $ 50 $ — $ — $ 517 $ 567 $ — $ 190,816 1-4 Family 338,679 1,186 89 61 876 2,212 375 341,266 Multifamily 60,844 — — — — — — 60,844 Farmland 22,141 — — — 303 303 1,701 24,145 Commercial real estate 826,077 79 — 40 3,150 3,269 534 829,880 Total mortgage loans on real estate 1,437,990 1,315 89 101 4,846 6,351 2,610 1,446,951 Commercial and industrial 373,092 77 20 1,604 5,741 7,442 — 380,534 Consumer 18,074 67 14 — 293 374 37 18,485 Total loans $ 1,829,156 $ 1,459 $ 123 $ 1,705 $ 10,880 $ 14,167 $ 2,647 $ 1,845,970 December 31, 2020 Accruing 30-59 Days 60-89 Days 90 Days or More Total Past Due Acquired Current Past Due Past Due Past Due Nonaccrual & Nonaccrual Impaired Loans Total Loans Construction and development $ 205,002 $ 488 $ — $ — $ 521 $ 1,009 $ — $ 206,011 1-4 Family 335,710 1,085 734 — 1,615 3,434 381 339,525 Multifamily 60,724 — — — — — — 60,724 Farmland 24,333 297 — 216 — 513 1,701 26,547 Commercial real estate 807,243 1,472 118 — 1,771 3,361 1,791 812,395 Total mortgage loans on real estate 1,433,012 3,342 852 216 3,907 8,317 3,873 1,445,202 Commercial and industrial 386,607 359 273 105 6,907 7,644 246 394,497 Consumer 20,135 79 21 — 346 446 38 20,619 Total loans $ 1,839,754 $ 3,780 $ 1,146 $ 321 $ 11,160 $ 16,407 $ 4,157 $ 1,860,318 Nonaccrual and Past Due Loans Loans are considered past due if the required principal and interest payments have not may not may 90 not may not may six Certain borrowers are currently experiencing difficulties meeting their contractual payment obligations because of the adverse economic effects attributable to the COVID- 19 may 90 not 19 not 1. Loans Acquired with Deteriorated Credit Quality The Company accounts for certain loans acquired as acquired impaired loans under ASC 310 30 no three March 31, 2021 2020 Portfolio Segment Risk Factors The following describes the risk characteristics relevant to each of the Company’s loan portfolio segments. Construction and Development - one 1 4 - 1 4 not Multifamily Farmland may Commercial Real Estate may one Commercial and Industrial may may, Consumer may Credit Quality Indicators Loans are categorized 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 following definitions are utilized for risk ratings, which are consistent with the definitions used in supervisory guidance: Pass not Special Mention may Substandard not Doubtful Loss not not no not The table below presents the Company’s loan portfolio by category and credit quality indicator as of the dates presented (dollars in thousands). March 31, 2021 Special Pass Mention Substandard Doubtful Total Construction and development $ 189,087 $ 1,212 $ 517 $ — $ 190,816 1-4 Family 339,250 — 2,016 — 341,266 Multifamily 60,203 — 641 — 60,844 Farmland 22,141 — 2,004 — 24,145 Commercial real estate 814,704 4,978 10,198 — 829,880 Total mortgage loans on real estate 1,425,385 6,190 15,376 — 1,446,951 Commercial and industrial 355,582 2,259 22,046 647 380,534 Consumer 18,155 — 330 — 18,485 Total loans $ 1,799,122 $ 8,449 $ 37,752 $ 647 $ 1,845,970 December 31, 2020 Special Pass Mention Substandard Doubtful Total Construction and development $ 198,139 $ 7,352 $ 520 $ — $ 206,011 1-4 Family 337,829 — 1,696 — 339,525 Multifamily 60,724 — — — 60,724 Farmland 24,846 — 1,701 — 26,547 Commercial real estate 801,244 4,729 6,422 — 812,395 Total mortgage loans on real estate 1,422,782 12,081 10,339 — 1,445,202 Commercial and industrial 379,451 4,794 9,343 909 394,497 Consumer 20,235 — 384 — 20,619 Total loans $ 1,822,468 $ 16,875 $ 20,066 $ 909 $ 1,860,318 The Company had no loans that were classified as loss at March 31, 2021 December 31, 2020 Loan Participations and Sold Loans Loan participations and whole loans sold to and serviced for others are not March 31, 2021 December 31, 2020 $137.8 million March 31, 2021 December 31, 2020 Loans to Related Parties In the ordinary course of business, the Company makes loans to related parties including its executive officers, principal stockholders, directors and their immediate family members, as well as companies in which these individuals are principal owners. Loans outstanding to such related party borrowers amounted to approximately $94.7 million March 31, 2021 December 31, 2020 The table below shows the aggregate principal balance of loans to such related parties as of the dates presented (dollars in thousands). March 31, 2021 December 31, 2020 Balance, beginning of period $ 96,390 $ 98,093 New loans 3,545 12,443 Repayments and changes in relationship (5,211 ) (14,146 ) Balance, end of period $ 94,724 $ 96,390 Allowance for Loan Losses The table below shows a summary of the activity in the allowance for loan losses for the three March 31, 2021 2020 Three months ended March 31, 2021 2020 Balance, beginning of period $ 20,363 $ 10,700 Provision for loan losses 400 3,760 Loans charged off (405 ) (262 ) Recoveries 65 35 Balance, end of period $ 20,423 $ 14,233 The following tables outline the activity in the allowance for loan losses by collateral type for the three March 31, 2021 2020 March 31, 2021 2020 Three months ended March 31, 2021 Construction & Commercial Commercial & Development Farmland 1-4 Family Multifamily Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 2,375 $ 435 $ 3,370 $ 589 $ 8,496 $ 4,558 $ 540 $ 20,363 Provision (140 ) (40 ) 127 107 547 (122 ) (79 ) 400 Charge-offs — — (134 ) — — (215 ) (56 ) (405 ) Recoveries 10 — 6 — 2 5 42 65 Ending balance $ 2,245 $ 395 $ 3,369 $ 696 $ 9,045 $ 4,226 $ 447 $ 20,423 Ending allowance balance for loans individually evaluated for impairment — — — — 175 81 103 359 Ending allowance balance for loans acquired with deteriorated credit quality — 210 — — — — — 210 Ending allowance balance for loans collectively evaluated for impairment 2,245 185 3,369 696 8,870 4,145 344 19,854 Loans receivable: Balance of loans individually evaluated for impairment 774 302 1,532 — 6,654 8,159 298 17,719 Balance of loans acquired with deteriorated credit quality — 1,701 375 — 534 — 37 2,647 Balance of loans collectively evaluated for impairment 190,042 22,142 339,359 60,844 822,692 372,375 18,150 1,825,604 Total period-end balance $ 190,816 $ 24,145 $ 341,266 $ 60,844 $ 829,880 $ 380,534 $ 18,485 $ 1,845,970 Three months ended March 31, 2020 Construction & Commercial Commercial & Development Farmland 1-4 Family Multifamily Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,201 $ 101 $ 1,490 $ 387 $ 4,424 $ 2,609 $ 488 $ 10,700 Provision 340 62 1,003 (36 ) 1,439 683 269 3,760 Charge-offs — — (160 ) — — (7 ) (95 ) (262 ) Recoveries 13 — 4 — — 2 16 35 Ending balance $ 1,554 $ 163 $ 2,337 $ 351 $ 5,863 $ 3,287 $ 678 $ 14,233 Ending allowance balance for loans individually evaluated for impairment — — — — — 13 175 188 Ending allowance balance for loans acquired with deteriorated credit quality — — — — — — — — Ending allowance balance for loans collectively evaluated for impairment 1,554 163 2,337 351 5,863 3,274 503 14,045 Loans receivable: Balance of loans individually evaluated for impairment 1,097 — 1,763 — 47 155 512 3,574 Balance of loans acquired with deteriorated credit quality — 2,264 405 — 1,564 1,042 38 5,313 Balance of loans collectively evaluated for impairment 190,500 27,109 326,562 61,709 774,743 312,653 27,631 1,720,907 Total period-end balance $ 191,597 $ 29,373 $ 328,730 $ 61,709 $ 776,354 $ 313,850 $ 28,181 $ 1,729,794 Impaired Loans The Company considers a loan to be impaired when, based on current information and events, the Company determines that it will not When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual, all payments are applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan is not The following tables contain information on the Company’s impaired loans, which include TDRs, discussed in more detail below, and nonaccrual loans individually evaluated for impairment for purposes of determining the allowance for loan losses. The average balances are calculated based on the month-end balances of the loans during the period reported (dollars in thousands). March 31, 2021 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 774 $ 782 $ — 1-4 Family 1,532 1,588 — Farmland 302 302 — Commercial real estate 5,341 5,410 — Total mortgage loans on real estate 7,949 8,082 — Commercial and industrial 8,074 9,325 — Consumer 127 145 — Total 16,150 17,552 — With related allowance recorded: Commercial real estate 1,313 1,344 175 Total mortgage loans on real estate 1,313 1,344 175 Commercial and industrial 85 85 81 Consumer 171 212 103 Total 1,569 1,641 359 Total loans: Construction and development 774 782 — 1-4 Family 1,532 1,588 — Farmland 302 302 — Commercial real estate 6,654 6,754 175 Total mortgage loans on real estate 9,262 9,426 175 Commercial and industrial 8,159 9,410 81 Consumer 298 357 103 Total $ 17,719 $ 19,193 $ 359 December 31, 2020 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 782 $ 800 $ — 1-4 Family 2,280 2,353 — Commercial real estate 6,666 6,721 — Total mortgage loans on real estate 9,728 9,874 — Commercial and industrial 8,841 9,953 — Consumer 126 143 — Total 18,695 19,970 — With related allowance recorded: Commercial and industrial 261 260 80 Consumer 221 265 130 Total 482 525 210 Total loans: Construction and development 782 800 — 1-4 Family 2,280 2,353 — Commercial real estate 6,666 6,721 — Total mortgage loans on real estate 9,728 9,874 — Commercial and industrial 9,102 10,213 80 Consumer 347 408 130 Total $ 19,177 $ 20,495 $ 210 Presented in the tables below is the average recorded investment of the impaired loans and the related amount of interest income recognized during the time within the period that the loans were impaired. The average balances are calculated based on the month-end balances of the loans during the periods reported (dollars in thousands). Three months ended March 31, 2021 2020 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded: Construction and development $ 777 $ 5 $ 528 $ 2 1-4 Family 1,541 9 1,754 2 Farmland 244 — — — Commercial real estate 5,370 46 47 — Total mortgage loans on real estate 7,932 60 2,329 4 Commercial and industrial 8,067 42 109 1 Consumer 120 — 185 1 Total 16,119 102 2,623 6 With related allowance recorded: Commercial real estate 1,326 — — — Total mortgage loans on real estate 1,326 — — — Commercial and industrial 202 — 13 — Consumer 177 — 312 1 Total 1,705 — 325 1 Total loans: Construction and development 777 5 528 2 1-4 Family 1,541 9 1,754 2 Farmland 244 — — — Commercial real estate 6,696 46 47 — Total mortgage loans on real estate 9,258 60 2,329 4 Commercial and industrial 8,269 42 122 1 Consumer 297 — 497 2 Total $ 17,824 $ 102 $ 2,948 $ 7 Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, the Company grants a concession for other than an insignificant period of time to the borrower that the Company would not may Loans classified as TDRs, consisting of 33 credits, totaled at March 31, 2021 , compared to 34 credits totaling $14.7 million at December 31, 2020 . At March 31, 2021 , twelve of the restructured loans were considered TDRs due to modification of terms through adjustments to maturity, nine restructured loans were considered TDRs due to principal payment forbearance paying interest only for a specified period of time, seven four one As of March 31, 2021 one December 31, 2020 There was one loan modified under TDR during the previous twelve three March 31, 2021 three March 31, 2020 At March 31, 2021 December 31, 2020

Note 6 - Stockholders' Equity

Note 6 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	6. EQUITY Accumulated Other Comprehensive Income (Loss) Activity within the balances in accumulated other comprehensive income (loss) is shown in the tables below (dollars in thousands). Three months ended March 31, 2021 2020 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized gain (loss), available for sale, net $ 7,493 $ (1,401 ) $ 6,092 $ 3,476 $ 562 $ 4,038 Reclassification of realized gain, net (3,939 ) (474 ) (4,413 ) (2,131 ) (136 ) (2,267 ) Unrealized loss, transfer from available for sale to held to maturity, net 3 — 3 4 — 4 Change in fair value of interest rate swap designated as a cash flow hedge, net (1,752 ) 6,065 4,313 542 (2,511 ) (1,969 ) Accumulated other comprehensive income (loss) $ 1,805 $ 4,190 $ 5,995 $ 1,891 $ (2,085 ) $ (194 )

Note 7 - Derivative Financial I

Note 7 - Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	7. As part of its liability management, the Company utilizes pay-fixed interest rate swaps to manage exposure against the variability in the expected future cash flows (future interest payments) attributable to changes in the 1 1 March 31, 2021 December 31, 2020 no For the three March 31, 2021 three March 31, 2020 The fair value of the swap contracts consisted of gross assets of $7.0 million and gross liabilities of $1.5 million, netting to a fair value of $5.5 million recorded in “Other assets” in the accompanying consolidated balance sheet at March 31, 2021 December 31, 2020 March 31, 2021 not Customer Derivatives Interest Rate Swaps The Company enters into interest rate swaps that allow commercial loan customers to effectively convert a variable-rate commercial loan agreement to a fixed-rate commercial loan agreement. Under these agreements, the Company enters into a variable-rate loan agreement with a customer in addition to an interest rate swap agreement, which serves to effectively swap the customer’s variable-rate loan into a fixed-rate loan. The Company then enters into a corresponding swap agreement with a third third not 815, Derivatives and Hedging not may may 820, Fair Value Measurement and Disclosure 820” not three March 31, 2021 2020.

Note 8 - Fair Values of Financi

Note 8 - Fair Values of Financial Instruments	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	8. In accordance with ASC 820, not not may not not If there has been a significant decrease in the volume and level of activity for the asset or liability, a change in valuation technique or the use of multiple valuation techniques may Fair Value Hierarchy In accordance with ASC 820, three Level 1 Level 2 1, not Level 3 no A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following methods and assumptions were used by the Company in estimating fair value disclosures for financial instruments: Cash and Due from Banks 1 Federal Funds Sold 1 Investment Securities and Equity Securities 1 1 If quoted market prices are not 2 3. Based on market reference data, which may may March 31, 2021 3 3 may Loans 3 Deposit Liabilities 2 3 Short-Term Borrowings 2 Long-Term Borrowings, including Junior Subordinated Debt Securities 3 Subordinated Debt Securities 2 Derivative Financial Instruments 2 Fair Value of Assets and Liabilities Measured on a Recurring Basis Assets and liabilities measured at fair value on a recurring basis are summarized in the table below as of the dates indicated (dollars in thousands). Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Estimated Identical Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) March 31, 2021 Assets: Obligations of U.S. government agencies and corporations $ 38,336 $ — $ 38,336 $ — Obligations of state and political subdivisions 22,711 — 4,762 17,949 Corporate bonds 29,508 — 29,508 — Residential mortgage-backed securities 139,366 — 139,366 — Commercial mortgage-backed securities 71,512 — 71,512 — Equity securities 1,800 1,800 — — Derivative financial instruments 5,461 — 5,461 — Total assets $ 308,694 $ 1,800 $ 288,945 $ 17,949 December 31, 2020 Assets: Obligations of U.S. government agencies and corporations $ 36,821 $ — $ 36,821 $ — Obligations of state and political subdivisions 22,137 — 3,621 18,516 Corporate bonds 27,708 — 27,708 — Residential mortgage-backed securities 122,598 — 122,598 — Commercial mortgage-backed securities 59,146 — 59,146 — Equity securities 1,670 1,670 — — Total assets $ 270,080 $ 1,670 $ 249,894 $ 18,516 Liabilities: Derivative financial instruments $ 2,216 $ — $ 2,216 $ — The Company reviews fair value hierarchy classifications on a quarterly basis. Changes in the Company’s ability to observe inputs to the valuation may 3 for the three March 31, 2021 2020 Obligations of State and Political Subdivisions Balance at December 31, 2020 $ 18,516 Realized gains (losses) included in earnings — Unrealized losses included in other comprehensive income (loss) (567 ) Purchases — Sales — Maturities, prepayments, and calls — Transfers into level 3 — Transfers out of level 3 — Balance at March 31, 2021 $ 17,949 Obligations of State and Political Subdivisions Balance at December 31, 2019 $ 19,375 Realized gains (losses) included in earnings — Unrealized losses included in other comprehensive income (loss) (2,502 ) Purchases — Sales — Maturities, prepayments, and calls — Transfers into level 3 — Transfers out of level 3 — Balance at March 31, 2020 $ 16,873 There were no 3 March 31, 2021 December 31, 2020 three March 31, 2021 2020 no The following table provides quantitative information about significant unobservable inputs used in fair value measurements of Level 3 March 31, 2021 December 31, 2020 Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts March 31, 2021 Obligations of State and Political Subdivisions $ 17,949 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond Appraisal Adjustment (1) 0% December 31, 2020 Obligations of State and Political Subdivisions $ 18,516 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond Appraisal Adjustment (1) 0% - 0.4% ( 1 Fair Value of Assets and Liabilities Measured on a Nonrecurring Basis Certain financial assets and financial liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not 3 no March 31, 2021 December 31, 2020 Estimated Weighted Average Fair Value Valuation Technique Unobservable Inputs Range of Discounts Discount March 31, 2021 Impaired loans $ 1,146 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 5% - 13% 13% December 31, 2020 Impaired loans $ 259 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 2% - 100% 34% Other real estate owned 635 Underlying collateral value, Third party appraisals Collateral discounts and discount rates 4% 4% The estimated fair values of the Company’s financial instruments are summarized in the table below as of the dates indicated (dollars in thousands). March 31, 2021 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 99,370 $ 99,370 $ 99,370 $ — $ — Federal funds sold 97 97 97 — — Investment securities 313,399 313,774 — 287,502 26,272 Equity securities 16,763 16,763 1,800 14,963 — Loans, net of allowance 1,825,547 1,848,567 — 1,848,567 — Derivative financial instruments 5,461 5,461 — 5,461 — Financial liabilities: Deposits, noninterest-bearing $ 515,487 $ 515,487 $ — $ 515,487 $ — Deposits, interest-bearing 1,494,393 1,520,587 — — 1,520,587 FHLB short-term advances and repurchase agreements 8,274 8,274 — 8,274 — FHLB long-term advances 78,500 78,353 — — 78,353 Junior subordinated debt 5,962 2,556 — — 2,556 Subordinated debt 43,600 39,937 — 39,937 — December 31, 2020 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 35,368 $ 35,368 $ 35,368 $ — $ — Investment securities 280,844 281,059 — 254,306 26,753 Equity securities 16,599 16,599 1,670 14,929 — Loans, net of allowance 1,839,955 1,861,971 — — 1,861,971 Financial liabilities: Deposits, noninterest-bearing $ 448,230 $ 448,230 $ — $ 448,230 $ — Deposits, interest-bearing 1,439,594 1,504,644 — — 1,504,644 FHLB short-term advances and repurchase agreements 47,653 47,653 — 47,653 — FHLB long-term advances 78,500 82,101 — — 82,101 Junior subordinated debt 5,949 5,299 — — 5,299 Subordinated debt 43,600 42,336 — 42,336 — Derivative financial instruments 2,216 2,216 — 2,216 —

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. The expense for income taxes and the effective tax rate included in the consolidated statements of income are shown in the table below for the periods presented (dollars in thousands). Three months ended March 31, 2021 2020 Income tax expense $ 1,430 $ 149 Effective tax rate 21.1 % 19.7 % For the three March 31, 2021 , the effective tax rate differs from the statutory tax rate of 21% primarily due to an increase in state taxes and the impact of share-based compensation . For the three March 31, 2020 , the effective tax rate differs from the statutory tax rate of 21% primarily due to tax exempt interest income earned on certain investment securities.

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	10. Unfunded Commitments The Company is a party to financial instruments with off-balance-sheet risk entered into in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit consisting of loan commitments and standby letters of credit, which are not March 31, 2021 December 31, 2020 Commitments to extend credit are agreements to lend money with fixed expiration dates or termination clauses. The Company applies the same credit standards used in the lending process when extending these commitments, and periodically reassesses the customer’s creditworthiness through ongoing credit reviews. Since some commitments are expected to expire without being drawn upon, the total commitment amounts do not one The table below shows the approximate amounts of the Company’s commitments to extend credit as of the dates presented (dollars in thousands). March 31, 2021 December 31, 2020 Commitments to extend credit Loan commitments $ 290,043 $ 266,039 Standby letters of credit 14,412 14,420 Additionally, at March 31, 2021

Note 11 - Leases

Note 11 - Leases	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	11. The Company’s primary leasing activities relate to certain real estate leases entered into in support of the Company’s branch operations. The Company’s branch locations operated under lease agreements have all been designated as operating leases. The Company does not The Company determines if an arrangement is a lease at inception. Operating leases, with the exception of short-term leases, are included in operating lease right-of-use (“ROU”) assets and operating lease liabilities in Bank premises and equipment, net and Accrued taxes and other liabilities, respectively, in the consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company’s leases do not may Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which the Company has elected to account for separately, as the non-lease component amounts are readily determinable. Quantitative information regarding the Company’s operating leases is presented below as of and for the three March 31, 2021 2020 March 31, 2021 2020 Total operating lease cost $ 152 $ 133 Weighted-average remaining lease term (in years) 8.4 9.2 Weighted-average discount rate 2.8 % 2.8 % At March 31, 2021 Future minimum lease payments due under non-cancelable operating leases at March 31, 2021 2021 $ 447 2022 598 2023 595 2024 515 2025 476 Thereafter 1,691 Total $ 4,322 At March 31, 2021 not not On May 29, 2020, first three March 31, 2021

Note 12 - Subsequent Events

Note 12 - Subsequent Events	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	12. On April 1, 2021, January 21, 2021, Under the terms of the Reorganization Agreement, each of the issued and outstanding shares of Cheaha common stock was converted into and represented the right to receive $80.00 in cash from the Company. In the aggregate, Cheaha’s shareholders received approximately $41.1 million in cash consideration as a result of the merger. As of March 31, 2021,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited consolidated financial statements of Investar Holding Corporation (the “Company”) have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10 10 X. not three March 31, 2021 not may December 31, 2020 10 March 10, 2021.
Nature of Operations Policy [Policy Text Block]	Nature of Operations The Company, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, National Association (the “Bank”), a national bank, primarily to meet the needs of individuals and small to medium-sized businesses. The Company’s primary markets are in Louisiana, Texas and Alabama. At March 31, 2021 five
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses. While management uses available information to recognize losses on loans, future additions to the allowance may may may Other estimates that are susceptible to significant change in the near term relate to the determination of other-than-temporary impairments of securities, and the fair value of financial instruments and goodwill. The ongoing COVID- 19
Investment, Policy [Policy Text Block]	Investment Securities The Company’s investments in debt securities are accounted for in accordance with applicable guidance contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”), which requires the classification of securities into one • Securities available for sale (“AFS”): available for sale securities consist of bonds, notes, and debentures that are available to meet the Company’s operating needs. These securities are reported at fair value. • Securities to be held to maturity (“HTM”): bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. Unrealized holding gains and losses, net of tax, on AFS debt securities are reported as a net amount in other comprehensive income. Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Realized gains and losses on the sale of debt securities are determined using the specific-identification method. The Company follows FASB guidance related to the recognition and presentation of other-than-temporary impairment. The guidance specifies that if an entity does not not not not not not not
Marketable Securities, Policy [Policy Text Block]	Equity Securities The Company is a member of the Federal Home Loan Bank (“FHLB”) system. Members of the FHLB are required to own a certain amount of stock based on the level of borrowings and other factors, and may March 31, 2021 December 31, 2020 In addition, equity securities include marketable securities in corporate stocks and mutual funds. The estimated fair value of equity securities totaled $1.8 million and $1.7 million at March 31, 2021 December 31, 2020
Financing Receivable [Policy Text Block]	Loans The Company’s loan portfolio categories include real estate, commercial and consumer loans. Real estate loans are further categorized into construction and development, 1 4 third Loans for which management has the intent and ability to hold for the foreseeable future, or until maturity or pay-off are stated at unpaid principal balances, adjusted by an allowance for loan losses. Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Loans are ordinarily placed on nonaccrual when a loan is specifically determined to be impaired or when principal or interest is delinquent for 90 may not may The Company considers a loan to be impaired when, based upon current information and events, it believes it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not not The Company follows the FASB accounting guidance on sales of financial assets, which includes participating interests in loans. For loan participations that are structured in accordance with this guidance, the sold portions are recorded as a reduction of the loan portfolio. Loan participations that do not Treatment of Loan Modifications Pursuant to the CARES Act and Interagency Statement Section 4013 March 27, 2020 March 1, 2020 December 31, 2020 60 19 may not 30 December 31, 2019. not not 2021 December 27, 2020 January 1, 2022 60 In addition, our banking regulators and other financial regulators, on March 22, 2020 April 7, 2020, may 19 not 4013 may not not six 30 not not not Accordingly, we are offering short-term modifications made in response to COVID- 19 not 90 March 31, 2021, 90 December 31, 2020. 4013 not may
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is estimated through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. The allowance is an amount that management believes will be adequate to absorb probable losses inherent in the loan portfolio as of the balance sheet date based on evaluations of the collectability of loans and prior loan loss experience. The evaluations take into consideration such factors as changes in the nature and volume of the loan portfolio, overall portfolio quality, review of specific problem loans, and current economic conditions that may The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. Based on management’s review and observations made through qualitative review, management may may not In the ordinary course of business, the Bank enters into commitments to extend credit and standby letters of credit. Such financial instruments are recorded in the financial statements when they become payable. The credit risk associated with these commitments is evaluated in a manner similar to the allowance for loan losses. The reserve for unfunded lending commitments is included in accrued taxes and other liabilities in the consolidated balance sheet. At March 31, 2021 December 31, 2020
Business Combinations Policy [Policy Text Block]	Acquisition Accounting Business combinations are accounted for under the acquisition method of accounting. Purchased assets and assumed liabilities are recorded at their respective acquisition date fair values, and identifiable intangible assets are recorded at fair value. If the consideration given exceeds the fair value of the net assets received, goodwill is recognized. If the fair value of the net assets received exceeds the consideration given, a bargain purchase gain is recognized. Fair values are subject to refinement for up to one Loans acquired in a business combination are recorded at their estimated fair value as of the acquisition date. The fair value of loans acquired is determined using a discounted cash flow model based on assumptions regarding the amount and timing of principal and interest prepayments, estimated payments, estimated default rates, estimated loss severity in the event of defaults, and current market rates. Estimated credit losses are included in the determination of fair value; therefore, an allowance for loan losses is not 310 30, not 310 30 The Company accounts for acquired impaired loans under ASC Topic 310 30, Loans and Debt Securities Acquired with Deteriorated Credit Quality 310 30” 310 30
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain reclassifications have been made to the 2020 2021
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk The Company’s loan portfolio consists of the various types of loans described in Note 5. not one
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Standards Adopted in 2021 FASB ASC Topics 321, 323, 815 Investments Equity Securities (Topic 321 Equity Method and Joint Ventures (Topic 323 815 ASU No. 2020 01. 2020 01 January 1, 2021. 321, 323, 815 2020 01 321 2020 01 not Accounting Pronouncements Not FASB ASC Topic 326 Financial Instruments Credit Losses: Measurement of Credit Losses on Financial Instruments Update No. 2016 13. No. 2016 13 June 2016. 2016 13 2016 13 third 2016 13. The adoption of ASU 2016 13 2016 13 2016 13, This amendment was originally effective for fiscal years beginning after December 15, 2019, July 2019, October 2019, December 15, 2022, 2016 13 January 1, 2023. January 1, 2023 FASB ASC Topic 848 Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting Update No. 2020 04. March 2020, 2020 04, March 12, 2020, may December 31, 2022.

Note 2 - Business Combinations

Note 2 - Business Combinations (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Purchase price: Cash paid $ 11,162 Fair value of assets acquired: Cash and cash equivalents 353 Loans 45,299 Bank premises and equipment 2,770 Core deposit intangible asset 170 Other assets 163 Total assets acquired 48,755 Fair value of liabilities acquired: Deposits 36,973 Other liabilities 1,084 Total liabilities assumed 38,057 Fair value of net assets acquired 10,698 Goodwill $ 464

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended March 31, 2021 2020 Earnings per common share - basic Net income $ 5,360 $ 608 Less: income allocated to participating securities (20 ) (3 ) Net income allocated to common shareholders 5,340 605 Weighted-average basic shares outstanding 10,509,468 11,143,078 Basic earnings per common share $ 0.51 $ 0.05 Earnings per common share - diluted Net income allocated to common shareholders $ 5,340 $ 605 Weighted-average basic shares outstanding 10,509,468 11,143,078 Dilutive effect of securities 57,705 68,265 Total weighted average diluted shares outstanding 10,567,173 11,211,343 Diluted earnings per common share $ 0.51 $ 0.05
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three months ended March 31, 2021 2020 Stock options — 3,782 Restricted stock awards 209 295 Restricted stock units 8,242 64,780

Note 4 - Investment Securities

Note 4 - Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value March 31, 2021 Obligations of U.S. government agencies and corporations $ 38,230 $ 160 $ (54 ) $ 38,336 Obligations of state and political subdivisions 22,094 712 (95 ) 22,711 Corporate bonds 29,206 433 (131 ) 29,508 Residential mortgage-backed securities 138,163 1,955 (752 ) 139,366 Commercial mortgage-backed securities 71,617 647 (752 ) 71,512 Total $ 299,310 $ 3,907 $ (1,784 ) $ 301,433 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2020 Obligations of U.S. government agencies and corporations $ 36,648 $ 201 $ (28 ) $ 36,821 Obligations of state and political subdivisions 21,650 490 (3 ) 22,137 Corporate bonds 27,583 348 (223 ) 27,708 Residential mortgage-backed securities 119,934 2,675 (11 ) 122,598 Commercial mortgage-backed securities 58,098 1,202 (154 ) 59,146 Total $ 263,913 $ 4,916 $ (419 ) $ 268,410
Debt Securities, Available-for-sale [Table Text Block]	Three months ended March 31, 2021 2020 Proceeds from sale $ 17,123 $ 16,572 Gross gains $ 602 $ 182 Gross losses $ (2 ) $ (10 )
Debt Securities, Held-to-maturity [Table Text Block]	Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value March 31, 2021 Obligations of state and political subdivisions $ 8,106 $ 217 $ — $ 8,323 Residential mortgage-backed securities 3,860 158 — 4,018 Total $ 11,966 $ 375 $ — $ 12,341 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2020 Obligations of state and political subdivisions $ 8,225 $ 12 $ — $ 8,237 Residential mortgage-backed securities 4,209 203 — 4,412 Total $ 12,434 $ 215 $ — $ 12,649
Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]	Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Count Fair Value Losses Fair Value Losses Fair Value Losses March 31, 2021 Obligations of U.S. government agencies and corporations 10 $ 6,658 $ (47 ) $ 5,754 $ (7 ) $ 12,412 $ (54 ) Obligations of state and political subdivisions 5 2,726 (95 ) — — 2,726 (95 ) Corporate bonds 15 3,921 (114 ) 1,983 (17 ) 5,904 (131 ) Residential mortgage-backed securities 40 56,937 (752 ) — — 56,937 (752 ) Commercial mortgage-backed securities 53 20,922 (624 ) 13,140 (128 ) 34,062 (752 ) Total 123 $ 91,164 $ (1,632 ) $ 20,877 $ (152 ) $ 112,041 $ (1,784 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Count Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2020 Obligations of U.S. government agencies and corporations 12 $ 9,080 $ (19 ) $ 4,043 $ (9 ) $ 13,123 $ (28 ) Obligations of state and political subdivisions 4 505 (3 ) 204 — 709 (3 ) Corporate bonds 22 6,970 (133 ) 2,559 (90 ) 9,529 (223 ) Residential mortgage-backed securities 6 11,070 (11 ) — — 11,070 (11 ) Commercial mortgage-backed securities 26 6,921 (57 ) 7,965 (97 ) 14,886 (154 ) Total 70 $ 34,546 $ (223 ) $ 14,771 $ (196 ) $ 49,317 $ (419 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value March 31, 2021 Due within one year $ 1,493 $ 1,503 $ 830 $ 851 Due after one year through five years 14,095 14,291 2,745 2,845 Due after five years through ten years 65,135 65,986 4,531 4,626 Due after ten years 218,587 219,653 3,860 4,019 Total debt securities $ 299,310 $ 301,433 $ 11,966 $ 12,341 Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value December 31, 2020 Due within one year $ 1,669 $ 1,691 $ 830 $ 832 Due after one year through five years 12,937 13,014 2,745 2,751 Due after five years through ten years 64,159 64,865 4,650 4,654 Due after ten years 185,148 188,840 4,209 4,412 Total debt securities $ 263,913 $ 268,410 $ 12,434 $ 12,649

Note 5 - Loans and Allowance _2

Note 5 - Loans and Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2021 December 31, 2020 Construction and development $ 190,816 $ 206,011 1-4 Family 341,266 339,525 Multifamily 60,844 60,724 Farmland 24,145 26,547 Commercial real estate 829,880 812,395 Total mortgage loans on real estate 1,446,951 1,445,202 Commercial and industrial 380,534 394,497 Consumer 18,485 20,619 Total loans $ 1,845,970 $ 1,860,318
Financing Receivable, Past Due [Table Text Block]	March 31, 2021 Accruing 30-59 Days 60-89 Days 90 Days or More Total Past Due Acquired Current Past Due Past Due Past Due Nonaccrual & Nonaccrual Impaired Loans Total Loans Construction and development $ 190,249 $ 50 $ — $ — $ 517 $ 567 $ — $ 190,816 1-4 Family 338,679 1,186 89 61 876 2,212 375 341,266 Multifamily 60,844 — — — — — — 60,844 Farmland 22,141 — — — 303 303 1,701 24,145 Commercial real estate 826,077 79 — 40 3,150 3,269 534 829,880 Total mortgage loans on real estate 1,437,990 1,315 89 101 4,846 6,351 2,610 1,446,951 Commercial and industrial 373,092 77 20 1,604 5,741 7,442 — 380,534 Consumer 18,074 67 14 — 293 374 37 18,485 Total loans $ 1,829,156 $ 1,459 $ 123 $ 1,705 $ 10,880 $ 14,167 $ 2,647 $ 1,845,970 December 31, 2020 Accruing 30-59 Days 60-89 Days 90 Days or More Total Past Due Acquired Current Past Due Past Due Past Due Nonaccrual & Nonaccrual Impaired Loans Total Loans Construction and development $ 205,002 $ 488 $ — $ — $ 521 $ 1,009 $ — $ 206,011 1-4 Family 335,710 1,085 734 — 1,615 3,434 381 339,525 Multifamily 60,724 — — — — — — 60,724 Farmland 24,333 297 — 216 — 513 1,701 26,547 Commercial real estate 807,243 1,472 118 — 1,771 3,361 1,791 812,395 Total mortgage loans on real estate 1,433,012 3,342 852 216 3,907 8,317 3,873 1,445,202 Commercial and industrial 386,607 359 273 105 6,907 7,644 246 394,497 Consumer 20,135 79 21 — 346 446 38 20,619 Total loans $ 1,839,754 $ 3,780 $ 1,146 $ 321 $ 11,160 $ 16,407 $ 4,157 $ 1,860,318
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2021 Special Pass Mention Substandard Doubtful Total Construction and development $ 189,087 $ 1,212 $ 517 $ — $ 190,816 1-4 Family 339,250 — 2,016 — 341,266 Multifamily 60,203 — 641 — 60,844 Farmland 22,141 — 2,004 — 24,145 Commercial real estate 814,704 4,978 10,198 — 829,880 Total mortgage loans on real estate 1,425,385 6,190 15,376 — 1,446,951 Commercial and industrial 355,582 2,259 22,046 647 380,534 Consumer 18,155 — 330 — 18,485 Total loans $ 1,799,122 $ 8,449 $ 37,752 $ 647 $ 1,845,970 December 31, 2020 Special Pass Mention Substandard Doubtful Total Construction and development $ 198,139 $ 7,352 $ 520 $ — $ 206,011 1-4 Family 337,829 — 1,696 — 339,525 Multifamily 60,724 — — — 60,724 Farmland 24,846 — 1,701 — 26,547 Commercial real estate 801,244 4,729 6,422 — 812,395 Total mortgage loans on real estate 1,422,782 12,081 10,339 — 1,445,202 Commercial and industrial 379,451 4,794 9,343 909 394,497 Consumer 20,235 — 384 — 20,619 Total loans $ 1,822,468 $ 16,875 $ 20,066 $ 909 $ 1,860,318
Schedule of Related Party Transactions [Table Text Block]	March 31, 2021 December 31, 2020 Balance, beginning of period $ 96,390 $ 98,093 New loans 3,545 12,443 Repayments and changes in relationship (5,211 ) (14,146 ) Balance, end of period $ 94,724 $ 96,390
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Three months ended March 31, 2021 2020 Balance, beginning of period $ 20,363 $ 10,700 Provision for loan losses 400 3,760 Loans charged off (405 ) (262 ) Recoveries 65 35 Balance, end of period $ 20,423 $ 14,233 Three months ended March 31, 2021 Construction & Commercial Commercial & Development Farmland 1-4 Family Multifamily Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 2,375 $ 435 $ 3,370 $ 589 $ 8,496 $ 4,558 $ 540 $ 20,363 Provision (140 ) (40 ) 127 107 547 (122 ) (79 ) 400 Charge-offs — — (134 ) — — (215 ) (56 ) (405 ) Recoveries 10 — 6 — 2 5 42 65 Ending balance $ 2,245 $ 395 $ 3,369 $ 696 $ 9,045 $ 4,226 $ 447 $ 20,423 Ending allowance balance for loans individually evaluated for impairment — — — — 175 81 103 359 Ending allowance balance for loans acquired with deteriorated credit quality — 210 — — — — — 210 Ending allowance balance for loans collectively evaluated for impairment 2,245 185 3,369 696 8,870 4,145 344 19,854 Loans receivable: Balance of loans individually evaluated for impairment 774 302 1,532 — 6,654 8,159 298 17,719 Balance of loans acquired with deteriorated credit quality — 1,701 375 — 534 — 37 2,647 Balance of loans collectively evaluated for impairment 190,042 22,142 339,359 60,844 822,692 372,375 18,150 1,825,604 Total period-end balance $ 190,816 $ 24,145 $ 341,266 $ 60,844 $ 829,880 $ 380,534 $ 18,485 $ 1,845,970 Three months ended March 31, 2020 Construction & Commercial Commercial & Development Farmland 1-4 Family Multifamily Real Estate Industrial Consumer Total Allowance for loan losses: Beginning balance $ 1,201 $ 101 $ 1,490 $ 387 $ 4,424 $ 2,609 $ 488 $ 10,700 Provision 340 62 1,003 (36 ) 1,439 683 269 3,760 Charge-offs — — (160 ) — — (7 ) (95 ) (262 ) Recoveries 13 — 4 — — 2 16 35 Ending balance $ 1,554 $ 163 $ 2,337 $ 351 $ 5,863 $ 3,287 $ 678 $ 14,233 Ending allowance balance for loans individually evaluated for impairment — — — — — 13 175 188 Ending allowance balance for loans acquired with deteriorated credit quality — — — — — — — — Ending allowance balance for loans collectively evaluated for impairment 1,554 163 2,337 351 5,863 3,274 503 14,045 Loans receivable: Balance of loans individually evaluated for impairment 1,097 — 1,763 — 47 155 512 3,574 Balance of loans acquired with deteriorated credit quality — 2,264 405 — 1,564 1,042 38 5,313 Balance of loans collectively evaluated for impairment 190,500 27,109 326,562 61,709 774,743 312,653 27,631 1,720,907 Total period-end balance $ 191,597 $ 29,373 $ 328,730 $ 61,709 $ 776,354 $ 313,850 $ 28,181 $ 1,729,794
Impaired Financing Receivables [Table Text Block]	March 31, 2021 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 774 $ 782 $ — 1-4 Family 1,532 1,588 — Farmland 302 302 — Commercial real estate 5,341 5,410 — Total mortgage loans on real estate 7,949 8,082 — Commercial and industrial 8,074 9,325 — Consumer 127 145 — Total 16,150 17,552 — With related allowance recorded: Commercial real estate 1,313 1,344 175 Total mortgage loans on real estate 1,313 1,344 175 Commercial and industrial 85 85 81 Consumer 171 212 103 Total 1,569 1,641 359 Total loans: Construction and development 774 782 — 1-4 Family 1,532 1,588 — Farmland 302 302 — Commercial real estate 6,654 6,754 175 Total mortgage loans on real estate 9,262 9,426 175 Commercial and industrial 8,159 9,410 81 Consumer 298 357 103 Total $ 17,719 $ 19,193 $ 359 December 31, 2020 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 782 $ 800 $ — 1-4 Family 2,280 2,353 — Commercial real estate 6,666 6,721 — Total mortgage loans on real estate 9,728 9,874 — Commercial and industrial 8,841 9,953 — Consumer 126 143 — Total 18,695 19,970 — With related allowance recorded: Commercial and industrial 261 260 80 Consumer 221 265 130 Total 482 525 210 Total loans: Construction and development 782 800 — 1-4 Family 2,280 2,353 — Commercial real estate 6,666 6,721 — Total mortgage loans on real estate 9,728 9,874 — Commercial and industrial 9,102 10,213 80 Consumer 347 408 130 Total $ 19,177 $ 20,495 $ 210 Three months ended March 31, 2021 2020 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded: Construction and development $ 777 $ 5 $ 528 $ 2 1-4 Family 1,541 9 1,754 2 Farmland 244 — — — Commercial real estate 5,370 46 47 — Total mortgage loans on real estate 7,932 60 2,329 4 Commercial and industrial 8,067 42 109 1 Consumer 120 — 185 1 Total 16,119 102 2,623 6 With related allowance recorded: Commercial real estate 1,326 — — — Total mortgage loans on real estate 1,326 — — — Commercial and industrial 202 — 13 — Consumer 177 — 312 1 Total 1,705 — 325 1 Total loans: Construction and development 777 5 528 2 1-4 Family 1,541 9 1,754 2 Farmland 244 — — — Commercial real estate 6,696 46 47 — Total mortgage loans on real estate 9,258 60 2,329 4 Commercial and industrial 8,269 42 122 1 Consumer 297 — 497 2 Total $ 17,824 $ 102 $ 2,948 $ 7

Note 6 - Stockholders' Equity (

Note 6 - Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three months ended March 31, 2021 2020 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized gain (loss), available for sale, net $ 7,493 $ (1,401 ) $ 6,092 $ 3,476 $ 562 $ 4,038 Reclassification of realized gain, net (3,939 ) (474 ) (4,413 ) (2,131 ) (136 ) (2,267 ) Unrealized loss, transfer from available for sale to held to maturity, net 3 — 3 4 — 4 Change in fair value of interest rate swap designated as a cash flow hedge, net (1,752 ) 6,065 4,313 542 (2,511 ) (1,969 ) Accumulated other comprehensive income (loss) $ 1,805 $ 4,190 $ 5,995 $ 1,891 $ (2,085 ) $ (194 )

Note 8 - Fair Values of Finan_2

Note 8 - Fair Values of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Quoted Prices in Significant Other Significant Active Markets for Observable Unobservable Estimated Identical Assets Inputs Inputs Fair Value (Level 1) (Level 2) (Level 3) March 31, 2021 Assets: Obligations of U.S. government agencies and corporations $ 38,336 $ — $ 38,336 $ — Obligations of state and political subdivisions 22,711 — 4,762 17,949 Corporate bonds 29,508 — 29,508 — Residential mortgage-backed securities 139,366 — 139,366 — Commercial mortgage-backed securities 71,512 — 71,512 — Equity securities 1,800 1,800 — — Derivative financial instruments 5,461 — 5,461 — Total assets $ 308,694 $ 1,800 $ 288,945 $ 17,949 December 31, 2020 Assets: Obligations of U.S. government agencies and corporations $ 36,821 $ — $ 36,821 $ — Obligations of state and political subdivisions 22,137 — 3,621 18,516 Corporate bonds 27,708 — 27,708 — Residential mortgage-backed securities 122,598 — 122,598 — Commercial mortgage-backed securities 59,146 — 59,146 — Equity securities 1,670 1,670 — — Total assets $ 270,080 $ 1,670 $ 249,894 $ 18,516 Liabilities: Derivative financial instruments $ 2,216 $ — $ 2,216 $ —
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Obligations of State and Political Subdivisions Balance at December 31, 2020 $ 18,516 Realized gains (losses) included in earnings — Unrealized losses included in other comprehensive income (loss) (567 ) Purchases — Sales — Maturities, prepayments, and calls — Transfers into level 3 — Transfers out of level 3 — Balance at March 31, 2021 $ 17,949 Obligations of State and Political Subdivisions Balance at December 31, 2019 $ 19,375 Realized gains (losses) included in earnings — Unrealized losses included in other comprehensive income (loss) (2,502 ) Purchases — Sales — Maturities, prepayments, and calls — Transfers into level 3 — Transfers out of level 3 — Balance at March 31, 2020 $ 16,873
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts March 31, 2021 Obligations of State and Political Subdivisions $ 17,949 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond Appraisal Adjustment (1) 0% December 31, 2020 Obligations of State and Political Subdivisions $ 18,516 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond Appraisal Adjustment (1) 0% - 0.4% Estimated Weighted Average Fair Value Valuation Technique Unobservable Inputs Range of Discounts Discount March 31, 2021 Impaired loans $ 1,146 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 5% - 13% 13% December 31, 2020 Impaired loans $ 259 Discounted cash flows, Underlying collateral value Collateral discounts and estimated costs to sell 2% - 100% 34% Other real estate owned 635 Underlying collateral value, Third party appraisals Collateral discounts and discount rates 4% 4%
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2021 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 99,370 $ 99,370 $ 99,370 $ — $ — Federal funds sold 97 97 97 — — Investment securities 313,399 313,774 — 287,502 26,272 Equity securities 16,763 16,763 1,800 14,963 — Loans, net of allowance 1,825,547 1,848,567 — 1,848,567 — Derivative financial instruments 5,461 5,461 — 5,461 — Financial liabilities: Deposits, noninterest-bearing $ 515,487 $ 515,487 $ — $ 515,487 $ — Deposits, interest-bearing 1,494,393 1,520,587 — — 1,520,587 FHLB short-term advances and repurchase agreements 8,274 8,274 — 8,274 — FHLB long-term advances 78,500 78,353 — — 78,353 Junior subordinated debt 5,962 2,556 — — 2,556 Subordinated debt 43,600 39,937 — 39,937 — December 31, 2020 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 35,368 $ 35,368 $ 35,368 $ — $ — Investment securities 280,844 281,059 — 254,306 26,753 Equity securities 16,599 16,599 1,670 14,929 — Loans, net of allowance 1,839,955 1,861,971 — — 1,861,971 Financial liabilities: Deposits, noninterest-bearing $ 448,230 $ 448,230 $ — $ 448,230 $ — Deposits, interest-bearing 1,439,594 1,504,644 — — 1,504,644 FHLB short-term advances and repurchase agreements 47,653 47,653 — 47,653 — FHLB long-term advances 78,500 82,101 — — 82,101 Junior subordinated debt 5,949 5,299 — — 5,299 Subordinated debt 43,600 42,336 — 42,336 — Derivative financial instruments 2,216 2,216 — 2,216 —

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Income Tax Expense (Benefit) and Effective Income Tax Rate [Table Text Block]	Three months ended March 31, 2021 2020 Income tax expense $ 1,430 $ 149 Effective tax rate 21.1 % 19.7 %

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Other Commitments [Table Text Block]	March 31, 2021 December 31, 2020 Commitments to extend credit Loan commitments $ 290,043 $ 266,039 Standby letters of credit 14,412 14,420

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Lease, Cost [Table Text Block]	March 31, 2021 2020 Total operating lease cost $ 152 $ 133 Weighted-average remaining lease term (in years) 8.4 9.2 Weighted-average discount rate 2.8 % 2.8 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	2021 $ 447 2022 598 2023 595 2024 515 2025 476 Thereafter 1,691 Total $ 4,322

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Equity Securities, FV-NI	$ 1,800	$ 1,670
Financing Receivable, Short-Term Modification	$ 11,200	$ 5,900
Financing Receivables, Short-Term Modification, Percent	0.60%	0.30%
Financing Receivable, Commitment to Lend	$ 300	$ 200
Equity Securities in Correspondent Banks [Member]
Equity Securities, FV-NI	15,000	14,900
Corporate Stock and Mutual Funds [Member]
Equity Securities, FV-NI	$ 1,800	$ 1,700
LOUISIANA
Number of Stores	24
TEXAS
Number of Stores	5
ALABAMA
Number of Stores	6
Entity Number of Employees	319

Note 2 - Business Combination_2

Note 2 - Business Combinations (Details Textual) $ in Thousands	Feb. 21, 2020USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
Payments to Acquire Businesses, Gross		$ 0	$ 10,761
Business Combination, Acquisition Related Costs		$ 361	$ 751
Plains Capital Bank [Member]
Payments to Acquire Businesses, Gross	$ 11,162
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	48,755
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Finance Receivables	45,299
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Deposits	36,973
Goodwill, Ending Balance	$ 464
Number of Branch Locations	2
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition	$ 51,300

Note 2 - Business Combination_3

Note 2 - Business Combinations - Acquired Identifiable Assets and Liabilities (Details) - USD ($) $ in Thousands	Feb. 21, 2020	Mar. 31, 2021	Mar. 31, 2020
Cash paid		$ 0	$ 10,761
Plains Capital Bank [Member]
Cash paid	$ 11,162
Cash and cash equivalents	353
Loans	45,299
Bank premises and equipment	2,770
Core deposit intangible asset	170
Other assets	163
Total assets acquired	48,755
Deposits	36,973
Other liabilities	1,084
Total liabilities assumed	38,057
Fair value of net assets acquired	10,698
Goodwill	$ 464

Note 3 - Earnings Per Share - E

Note 3 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 5,360	$ 608
Less: income allocated to participating securities	20	3
Net income allocated to common shareholders	$ 5,340	$ 605
Weighted-average basic shares outstanding (in shares)	10,509,468	11,143,078
Basic earnings per common share (in dollars per share)	$ 0.51	$ 0.05
Net income allocated to common shareholders	$ 5,340	$ 605
Dilutive effect of securities (in shares)	57,705	68,265
Total weighted average diluted shares outstanding (in shares)	10,567,173	11,211,343
Diluted earnings per common share (in dollars per share)	$ 0.51	$ 0.05

Note 3 - Earnings Per Share - A

Note 3 - Earnings Per Share - Antidilutive Securities (Details) - shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities (in shares)	0	3,782
Restricted Stock [Member]
Antidilutive Securities (in shares)	209	295
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities (in shares)	8,242	64,780

Note 4 - Investment Securitie_2

Note 4 - Investment Securities (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Debt Securities, Trading, and Equity Securities, FV-NI, Total	$ 0	$ 0
Pledged Financial Instruments, Not Separately Reported, Securities, Total	$ 101,000	$ 84,600

Note 4 - Investment Securitie_3

Note 4 - Investment Securities - Amortized Cost and Fair Value of Investment Securities Classified as AFS (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized Cost	$ 299,310	$ 263,913
Gross Unrealized Gains	3,907	4,916
Gross Unrealized Losses	(1,784)	(419)
Investment securities	301,433	268,410
US Government Corporations and Agencies Securities [Member]
Amortized Cost	38,230	36,648
Gross Unrealized Gains	160	201
Gross Unrealized Losses	(54)	(28)
Investment securities	38,336	36,821
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	22,094	21,650
Gross Unrealized Gains	712	490
Gross Unrealized Losses	(95)	(3)
Investment securities	22,711	22,137
Corporate Debt Securities [Member]
Amortized Cost	29,206	27,583
Gross Unrealized Gains	433	348
Gross Unrealized Losses	(131)	(223)
Investment securities	29,508	27,708
Residential Mortgage Backed Securities [Member]
Amortized Cost	138,163	119,934
Gross Unrealized Gains	1,955	2,675
Gross Unrealized Losses	(752)	(11)
Investment securities	139,366	122,598
Commercial Mortgage Backed Securities [Member]
Amortized Cost	71,617	58,098
Gross Unrealized Gains	647	1,202
Gross Unrealized Losses	(752)	(154)
Investment securities	$ 71,512	$ 59,146

Note 4 - Investment Securitie_4

Note 4 - Investment Securities - Sales of Investments Classified as AFS (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Proceeds from sale	$ 17,123	$ 16,572
Gross gains	602	182
Gross losses	$ (2)	$ (10)

Note 4 - Investment Securitie_5

Note 4 - Investment Securities - Amortized Cost and Fair Value of Investment Securities Classified as HTM (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized Cost	$ 11,966	$ 12,434
Gross Unrealized Gains	375	215
Gross Unrealized Losses	0	0
Fair Value	12,341	12,649
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	8,106	8,225
Gross Unrealized Gains	217	12
Gross Unrealized Losses	0	0
Fair Value	8,323	8,237
Residential Mortgage Backed Securities [Member]
Amortized Cost	3,860	4,209
Gross Unrealized Gains	158	203
Gross Unrealized Losses	0	0
Fair Value	$ 4,018	$ 4,412

Note 4 - Investment Securitie_6

Note 4 - Investment Securities - Summary of Continuous Unrealized Loss Position for Securities Classified as AFS (Details) $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Count	123	70
Less than 12 Months, Fair Value	$ 91,164	$ 34,546
Less than 12 Months, Unrealized Losses	(1,632)	(223)
12 Months or More, Fair Value	20,877	14,771
12 Months or More, Unrealized Losses	(152)	(196)
Fair Value	112,041	49,317
Unrealized Losses	$ (1,784)	$ (419)
US Government Corporations and Agencies Securities [Member]
Count	10	12
Less than 12 Months, Fair Value	$ 6,658	$ 9,080
Less than 12 Months, Unrealized Losses	(47)	(19)
12 Months or More, Fair Value	5,754	4,043
12 Months or More, Unrealized Losses	(7)	(9)
Fair Value	12,412	13,123
Unrealized Losses	$ (54)	$ (28)
US States and Political Subdivisions Debt Securities [Member]
Count	5	4
Less than 12 Months, Fair Value	$ 2,726	$ 505
Less than 12 Months, Unrealized Losses	(95)	(3)
12 Months or More, Fair Value	0	204
12 Months or More, Unrealized Losses	0	0
Fair Value	2,726	709
Unrealized Losses	$ (95)	$ (3)
Corporate Debt Securities [Member]
Count	15	22
Less than 12 Months, Fair Value	$ 3,921	$ 6,970
Less than 12 Months, Unrealized Losses	(114)	(133)
12 Months or More, Fair Value	1,983	2,559
12 Months or More, Unrealized Losses	(17)	(90)
Fair Value	5,904	9,529
Unrealized Losses	$ (131)	$ (223)
Residential Mortgage Backed Securities [Member]
Count	40	6
Less than 12 Months, Fair Value	$ 56,937	$ 11,070
Less than 12 Months, Unrealized Losses	(752)	(11)
12 Months or More, Fair Value	0	0
12 Months or More, Unrealized Losses	0	0
Fair Value	56,937	11,070
Unrealized Losses	$ (752)	$ (11)
Commercial Mortgage Backed Securities [Member]
Count	53	26
Less than 12 Months, Fair Value	$ 20,922	$ 6,921
Less than 12 Months, Unrealized Losses	(624)	(57)
12 Months or More, Fair Value	13,140	7,965
12 Months or More, Unrealized Losses	(128)	(97)
Fair Value	34,062	14,886
Unrealized Losses	$ (752)	$ (154)

Note 4 - Investment Securitie_7

Note 4 - Investment Securities - Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Due within one year, AFS, amortized cost	$ 1,493	$ 1,669
Due within one year, AFS, fair value	1,503	1,691
Due within one year, HTM, amortized cost	830	830
Due within one year, HTM, fair value	851	832
Due after one year through five years, AFS, amortized cost	14,095	12,937
Due after one year through five years, AFS, fair value	14,291	13,014
Due after one year through five years, HTM, amortized cost	2,745	2,745
Due after one year through five years, HTM, fair value	2,845	2,751
Due after five years through ten years, AFS, amortized cost	65,135	64,159
Due after five years through ten years, AFS, fair value	65,986	64,865
Due after five years through ten years, HTM, amortized cost	4,531	4,650
Due after five years through ten years, HTM, fair value	4,626	4,654
Due after ten years, AFS, amortized cost	218,587	185,148
Due after ten years, AFS, fair value	219,653	188,840
Due after ten years, HTM, amortized cost	3,860	4,209
Due after ten years, HTM, fair value	4,019	4,412
Total debt securities, AFS, amortized cost	299,310	263,913
Total debt securities, AFS, fair value	301,433	268,410
Total debt securities, HTM, amortized cost	11,966	12,434
Total debt securities, HTM, fair value	$ 12,341	$ 12,649

Note 5 - Loans and Allowance _3

Note 5 - Loans and Allowance for Loan Losses (Details Textual) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Financing Receivable, Unamortized Loan Fee (Cost) and Purchase Premium (Discount), Total	$ 1,600		$ 1,800
Financing Receivable, Deferred Commitment Fee	4,100		3,200
Financing Receivable, before Allowance for Credit Loss, Total	1,845,970		1,860,318
Loan Participations and Whole Loans Sold to and Serviced for Others Not on Balance Sheet	50,300		53,500
Loan Participations and Whole Loans Sold to and Serviced For Others Unpaid Principal Balance	137,800		154,000
Loans and Leases Receivable, Related Parties, Ending Balance	$ 94,724		$ 96,390	$ 98,093
Financing Receivable, Modifications, Number of Contracts	33		34
Financing Receivable, Troubled Debt Restructuring	$ 13,800		$ 14,700
Financing Receivable, Modifications, Subsequent Default, Nonaccrual Status, Number Of Contracts			0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	1	0
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 0
Extended Maturity [Member]
Financing Receivable, Modifications, Number of Contracts	12
Payment Deferral [Member]
Financing Receivable, Modifications, Number of Contracts	9
Contractual Interest Rate Reduction [Member]
Financing Receivable, Modifications, Number of Contracts	7
Principal Forgiveness [Member]
Financing Receivable, Modifications, Number of Contracts	1,000,000
Unlikely to be Collected Financing Receivable [Member]
Financing Receivable, before Allowance for Credit Loss, Total	$ 0
Commercial Portfolio Segment [Member]
Financing Receivable, before Allowance for Credit Loss, Total	380,534		$ 394,497
Real Estate Portfolio Segment [Member]
Financing Receivable, before Allowance for Credit Loss, Total	1,446,951		1,445,202
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Financing Receivable, before Allowance for Credit Loss, Total	$ 829,880		812,395
Financing Receivable, Modifications, Subsequent Default, Nonaccrual Status, Number Of Contracts	1
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	$ 1,300
SBA CARES Act Paycheck Protection Program [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, before Allowance for Credit Loss, Total	$ 106,600		$ 94,500

Note 5 - Loans and Allowance _4

Note 5 - Loans and Allowance for Loan Losses - Summary of Loans by Categories (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans	$ 1,845,970	$ 1,860,318
Real Estate Portfolio Segment [Member]
Loans	1,446,951	1,445,202
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	190,816	206,011
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Loans	341,266	339,525
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Loans	60,844	60,724
Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans	24,145	26,547
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Loans	829,880	812,395
Commercial Portfolio Segment [Member]
Loans	380,534	394,497
Consumer Portfolio Segment [Member]
Loans	$ 18,485	$ 20,619

Note 5 - Loans and Allowance _5

Note 5 - Loans and Allowance for Loan Losses - Aging Analysis of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans	$ 1,845,970	$ 1,860,318
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	14,167	16,407
Nonaccrual	10,880	11,160
Financial Asset Acquired with Credit Deterioration [Member]
Loans	2,647	4,157
Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	1,829,156	1,839,754
Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	1,459	3,780
Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	123	1,146
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	1,705	321
Real Estate Portfolio Segment [Member]
Loans	1,446,951	1,445,202
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	6,351	8,317
Nonaccrual	4,846	3,907
Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	2,610	3,873
Real Estate Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	1,437,990	1,433,012
Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	1,315	3,342
Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	89	852
Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	101	216
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	190,816	206,011
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	567	1,009
Nonaccrual	517	521
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	190,249	205,002
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	50	488
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Loans	341,266	339,525
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	2,212	3,434
Nonaccrual	876	1,615
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	375	381
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	338,679	335,710
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	1,186	1,085
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	89	734
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	61	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Loans	60,844	60,724
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	0
Nonaccrual	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	60,844	60,724
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans	24,145	26,547
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	303	513
Nonaccrual	303	0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	1,701	1,701
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	22,141	24,333
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	297
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	216
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Loans	829,880	812,395
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	3,269	3,361
Nonaccrual	3,150	1,771
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	534	1,791
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	826,077	807,243
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	79	1,472
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	0	118
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	40	0
Commercial Portfolio Segment [Member]
Loans	380,534	394,497
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	7,442	7,644
Nonaccrual	5,741	6,907
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	246
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	373,092	386,607
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	77	359
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	20	273
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	1,604	105
Consumer Portfolio Segment [Member]
Loans	18,485	20,619
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	374	446
Nonaccrual	293	346
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans	37	38
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	18,074	20,135
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	67	79
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	14	21
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Past Due	$ 0	$ 0

Note 5 - Loans and Allowance _6

Note 5 - Loans and Allowance for Loan Losses - Loan Portfolio by Category and Credit Quality Indicator (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Loans	$ 1,845,970	$ 1,860,318
Pass [Member]
Loans	1,799,122	1,822,468
Special Mention [Member]
Loans	8,449	16,875
Substandard [Member]
Loans	37,752	20,066
Doubtful [Member]
Loans	647	909
Real Estate Portfolio Segment [Member]
Loans	1,446,951	1,445,202
Real Estate Portfolio Segment [Member] | Pass [Member]
Loans	1,425,385	1,422,782
Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans	6,190	12,081
Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans	15,376	10,339
Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	190,816	206,011
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Loans	189,087	198,139
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Loans	1,212	7,352
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Loans	517	520
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Loans	341,266	339,525
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Pass [Member]
Loans	339,250	337,829
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Special Mention [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Substandard [Member]
Loans	2,016	1,696
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Doubtful [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Loans	60,844	60,724
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Pass [Member]
Loans	60,203	60,724
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Special Mention [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Substandard [Member]
Loans	641	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Doubtful [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans	24,145	26,547
Real Estate Portfolio Segment [Member] | Farmland [Member] | Pass [Member]
Loans	22,141	24,846
Real Estate Portfolio Segment [Member] | Farmland [Member] | Special Mention [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Substandard [Member]
Loans	2,004	1,701
Real Estate Portfolio Segment [Member] | Farmland [Member] | Doubtful [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Loans	829,880	812,395
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Pass [Member]
Loans	814,704	801,244
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Special Mention [Member]
Loans	4,978	4,729
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Substandard [Member]
Loans	10,198	6,422
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Doubtful [Member]
Loans	0	0
Commercial Portfolio Segment [Member]
Loans	380,534	394,497
Commercial Portfolio Segment [Member] | Pass [Member]
Loans	355,582	379,451
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans	2,259	4,794
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans	22,046	9,343
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans	647	909
Consumer Portfolio Segment [Member]
Loans	18,485	20,619
Consumer Portfolio Segment [Member] | Pass [Member]
Loans	18,155	20,235
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans	0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans	330	384
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans	$ 0	$ 0

Note 5 - Loans and Allowance _7

Note 5 - Loans and Allowance for Loan Losses - Loans to Related Parties (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Balance, beginning of period	$ 96,390	$ 98,093
New loans	3,545	12,443
Repayments and changes in relationship	(5,211)	(14,146)
Balance, end of period	$ 94,724	$ 96,390

Note 5 - Loans and Allowance _8

Note 5 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Balance, beginning of period	$ 20,363	$ 10,700
Provision for loan losses	400	3,760
Loans charged off	(405)	(262)
Recoveries	65	35
Balance, end of period	20,423	14,233
Ending allowance balance for loans individually evaluated for impairment			$ 359		$ 188
Allowance for loan losses	20,363	14,233	20,423	$ 20,363	14,233
Ending allowance balance for loans collectively evaluated for impairment			19,854		14,045
Balance of loans individually evaluated for impairment			17,719		3,574
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			1,825,547	1,839,955	5,313
Balance of loans collectively evaluated for impairment			1,825,604		1,720,907
Total period-end balance			1,845,970		1,729,794
Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	210	0
Allowance for loan losses	210	0	210		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			2,647
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Balance, beginning of period	2,375	1,201
Provision for loan losses	(140)	340
Loans charged off	0	0
Recoveries	10	13
Balance, end of period	2,245	1,554
Ending allowance balance for loans individually evaluated for impairment			0		0
Allowance for loan losses	2,245	1,554	2,245	2,375	1,554
Ending allowance balance for loans collectively evaluated for impairment			2,245		1,554
Balance of loans individually evaluated for impairment			774		1,097
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					0
Balance of loans collectively evaluated for impairment			190,042		190,500
Total period-end balance			190,816		191,597
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	0	0	0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			0
Real Estate Portfolio Segment [Member] | Farmland [Member]
Balance, beginning of period	435	101
Provision for loan losses	(40)	62
Loans charged off	0	0
Recoveries	0	0
Balance, end of period	395	163
Ending allowance balance for loans individually evaluated for impairment			0		0
Allowance for loan losses	395	163	395	435	163
Ending allowance balance for loans collectively evaluated for impairment			185		163
Balance of loans individually evaluated for impairment			302		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					2,264
Balance of loans collectively evaluated for impairment			22,142		27,109
Total period-end balance			24,145		29,373
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	210	0
Allowance for loan losses	210	0	210		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			1,701
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Balance, beginning of period	3,370	1,490
Provision for loan losses	127	1,003
Loans charged off	(134)	(160)
Recoveries	6	4
Balance, end of period	3,369	2,337
Ending allowance balance for loans individually evaluated for impairment			0		0
Allowance for loan losses	3,369	2,337	3,369	3,370	2,337
Ending allowance balance for loans collectively evaluated for impairment			3,369		2,337
Balance of loans individually evaluated for impairment			1,532		1,763
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					405
Balance of loans collectively evaluated for impairment			339,359		326,562
Total period-end balance			341,266		328,730
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	0	0	0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			375
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Balance, beginning of period	589	387
Provision for loan losses	107	(36)
Loans charged off	0	0
Recoveries	0	0
Balance, end of period	696	351
Ending allowance balance for loans individually evaluated for impairment			0		0
Allowance for loan losses	696	351	696	589	351
Ending allowance balance for loans collectively evaluated for impairment			696		351
Balance of loans individually evaluated for impairment			0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					0
Balance of loans collectively evaluated for impairment			60,844		61,709
Total period-end balance			60,844		61,709
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	0	0	0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Balance, beginning of period	8,496	4,424
Provision for loan losses	547	1,439
Loans charged off	0	0
Recoveries	2	0
Balance, end of period	9,045	5,863
Ending allowance balance for loans individually evaluated for impairment			175		0
Allowance for loan losses	9,045	5,863	9,045	8,496	5,863
Ending allowance balance for loans collectively evaluated for impairment			8,870		5,863
Balance of loans individually evaluated for impairment			6,654		47
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					1,564
Balance of loans collectively evaluated for impairment			822,692		774,743
Total period-end balance			829,880		776,354
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	0	0	0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			534
Commercial Portfolio Segment [Member]
Balance, beginning of period	4,558	2,609
Provision for loan losses	(122)	683
Loans charged off	(215)	(7)
Recoveries	5	2
Balance, end of period	4,226	3,287
Ending allowance balance for loans individually evaluated for impairment			81		13
Allowance for loan losses	4,226	3,287	4,226	4,558	3,287
Ending allowance balance for loans collectively evaluated for impairment			4,145		3,274
Balance of loans individually evaluated for impairment			8,159		155
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					1,042
Balance of loans collectively evaluated for impairment			372,375		312,653
Total period-end balance			380,534		313,850
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	0	0	0		0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			0
Consumer Portfolio Segment [Member]
Balance, beginning of period	540	488
Provision for loan losses	(79)	269
Loans charged off	(56)	(95)
Recoveries	42	16
Balance, end of period	447	678
Ending allowance balance for loans individually evaluated for impairment			103		175
Allowance for loan losses	447	678	447	$ 540	678
Ending allowance balance for loans collectively evaluated for impairment			344		503
Balance of loans individually evaluated for impairment			298		512
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively					38
Balance of loans collectively evaluated for impairment			18,150		27,631
Total period-end balance			18,485		28,181
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period	0	0
Allowance for loan losses	$ 0	$ 0	0		$ 0
Loans, net of allowance for loan losses of $20,423 and $20,363, respectively			$ 37

Note 5 - Loans and Allowance _9

Note 5 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Recorded investment, with no related allowance recorded	$ 16,150		$ 18,695
Unpaid principal balance, with no related allowance recorded	17,552		19,970
Recorded investment, with related allowance recorded	1,569		482
Unpaid principal balance, with related allowance recorded	1,641		525
Related allowance	359		210
Recorded investment	17,719		19,177
Unpaid principal balance	19,193		20,495
Average recorded investment, with no related allowance recorded	16,119	$ 2,623
Interest income recognized, with no related allowance recorded	102	6
Average recorded investment, with related allowance recorded	1,705	325
Interest income recognized, with related allowance recorded	0	1
Average recorded investment	17,824	2,948
Interest income recognized	102	7
Real Estate Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	7,949		9,728
Unpaid principal balance, with no related allowance recorded	8,082		9,874
Recorded investment, with related allowance recorded	1,313
Unpaid principal balance, with related allowance recorded	1,344
Related allowance	175		0
Recorded investment	9,262		9,728
Unpaid principal balance	9,426		9,874
Average recorded investment, with no related allowance recorded	7,932	2,329
Interest income recognized, with no related allowance recorded	60	4
Average recorded investment, with related allowance recorded	1,326	0
Interest income recognized, with related allowance recorded	0	0
Average recorded investment	9,258	2,329
Interest income recognized	60	4
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment, with no related allowance recorded	774		782
Unpaid principal balance, with no related allowance recorded	782		800
Related allowance	0		0
Recorded investment	774		782
Unpaid principal balance	782		800
Average recorded investment, with no related allowance recorded	777	528
Interest income recognized, with no related allowance recorded	5	2
Average recorded investment	777	528
Interest income recognized	5	2
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Recorded investment, with no related allowance recorded	1,532		2,280
Unpaid principal balance, with no related allowance recorded	1,588		2,353
Related allowance	0		0
Recorded investment	1,532		2,280
Unpaid principal balance	1,588		2,353
Average recorded investment, with no related allowance recorded	1,541	1,754
Interest income recognized, with no related allowance recorded	9	2
Average recorded investment	1,541	1,754
Interest income recognized	9	2
Real Estate Portfolio Segment [Member] | Farmland [Member]
Recorded investment, with no related allowance recorded	302
Unpaid principal balance, with no related allowance recorded	302
Related allowance	0
Recorded investment	302
Unpaid principal balance	302
Average recorded investment, with no related allowance recorded	244	0
Interest income recognized, with no related allowance recorded	0	0
Average recorded investment	244	0
Interest income recognized	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Recorded investment, with no related allowance recorded	5,341		6,666
Unpaid principal balance, with no related allowance recorded	5,410		6,721
Recorded investment, with related allowance recorded	1,313
Unpaid principal balance, with related allowance recorded	1,344
Related allowance	175		0
Recorded investment	6,654		6,666
Unpaid principal balance	6,754		6,721
Average recorded investment, with no related allowance recorded	5,370	47
Interest income recognized, with no related allowance recorded	46	0
Average recorded investment, with related allowance recorded	1,326	0
Interest income recognized, with related allowance recorded	0	0
Average recorded investment	6,696	47
Interest income recognized	46	0
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	8,074		8,841
Unpaid principal balance, with no related allowance recorded	9,325		9,953
Recorded investment, with related allowance recorded	85		261
Unpaid principal balance, with related allowance recorded	85		260
Related allowance	81		80
Recorded investment	8,159		9,102
Unpaid principal balance	9,410		10,213
Average recorded investment, with no related allowance recorded	8,067	109
Interest income recognized, with no related allowance recorded	42	1
Average recorded investment, with related allowance recorded	202	13
Interest income recognized, with related allowance recorded	0	0
Average recorded investment	8,269	122
Interest income recognized	42	1
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	127		126
Unpaid principal balance, with no related allowance recorded	145		143
Recorded investment, with related allowance recorded	171		221
Unpaid principal balance, with related allowance recorded	212		265
Related allowance	103		130
Recorded investment	298		347
Unpaid principal balance	357		$ 408
Average recorded investment, with no related allowance recorded	120	185
Interest income recognized, with no related allowance recorded	0	1
Average recorded investment, with related allowance recorded	177	312
Interest income recognized, with related allowance recorded	0	1
Average recorded investment	297	497
Interest income recognized	$ 0	$ 2

Note 6 - Stockholders' Equity -

Note 6 - Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 243,284	$ 241,976
Net Change	4,190	(2,085)
Balance	248,251	233,272
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	7,493	3,476
Net Change	(1,401)	562
Balance	6,092	4,038
Reclassification of Realized Gain, Net [Member]
Balance	(3,939)	(2,131)
Net Change	(474)	(136)
Balance	(4,413)	(2,267)
Unrealized Gain (Loss), Transfer from Available for Sale to Held to Maturity, Net [Member]
Balance	3	4
Net Change	0	0
Balance	3	4
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	(1,752)	542
Net Change	6,065	(2,511)
Balance	4,313	(1,969)
AOCI Attributable to Parent [Member]
Balance	1,805	1,891
Net Change	4,190	(2,085)
Balance	$ 5,995	$ (194)

Note 7 - Derivative Financial_2

Note 7 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Maximum Length of Time Hedged in Interest Rate Cash Flow Hedge (Year)	9 years 4 months 24 days
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	$ 5,995		$ 1,805
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	4,300
Interest Rate Swap [Member]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain, before Reclassification and Tax	6,100	$ 2,500
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax	1,600	$ 700
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative, Notional Amount	80,000		80,000
Derivative Liability, Fair Value, Gross Asset	7,000		600
Derivative Liability, Fair Value, Gross Liability, Total	1,500		2,800
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Other Assets [Member]
Derivative Assets (Liabilities), at Fair Value, Net, Total	5,500
Interest Rate Swap [Member] | Cash Flow Hedging [Member] | Accounts Payable and Accrued Liabilities [Member]
Derivative Assets (Liabilities), at Fair Value, Net, Total			(2,200)
Forward Starting Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative, Notional Amount	$ 140,000		$ 140,000

Note 8 - Fair Values of Finan_3

Note 8 - Fair Values of Financial Instruments - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment securities	$ 301,433	$ 268,410
Equity securities	1,800	1,670
Derivative financial instruments	5,461
Total assets	308,694	270,080
Derivative financial instruments		2,216
Fair Value, Inputs, Level 1 [Member]
Equity securities	1,800	1,670
Derivative financial instruments	0
Total assets	1,800	1,670
Derivative financial instruments		0
Fair Value, Inputs, Level 2 [Member]
Equity securities	0	0
Derivative financial instruments	5,461
Total assets	288,945	249,894
Derivative financial instruments		2,216
Fair Value, Inputs, Level 3 [Member]
Equity securities	0	0
Derivative financial instruments	0
Total assets	17,949	18,516
Derivative financial instruments		0
US Government Corporations and Agencies Securities [Member]
Investment securities	38,336	36,821
US Government Corporations and Agencies Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities	0	0
US Government Corporations and Agencies Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities	38,336	36,821
US Government Corporations and Agencies Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	0	0
US States and Political Subdivisions Debt Securities [Member]
Investment securities	22,711	22,137
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities	4,762	3,621
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	17,949	18,516
Corporate Debt Securities [Member]
Investment securities	29,508	27,708
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities	0	0
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities	29,508	27,708
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	0	0
Residential Mortgage Backed Securities [Member]
Investment securities	139,366	122,598
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities	0	0
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities	139,366	122,598
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	0	0
Commercial Mortgage Backed Securities [Member]
Investment securities	71,512	59,146
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities	0	0
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities	71,512	59,146
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	$ 0	$ 0

Note 8 - Fair Values of Finan_4

Note 8 - Fair Values of Financial Instruments - Reconciliation for Assets Measured at Fair Value on Recurring Basis Using significant Unobservable Inputs (Details) - US Government Corporations and Agencies Securities [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Balance	$ 18,516	$ 19,375
Realized gains (losses) included in earnings	0	0
Unrealized gains (losses) included in other comprehensive income (loss)	(567)	(2,502)
Purchases	0	0
Sales	0	0
Maturities, prepayments, and calls	0	0
Transfers into level 3	0	0
Transfers out of level 3	0	0
Balance	$ 17,949	$ 16,873

Note 8 - Fair Values of Finan_5

Note 8 - Fair Values of Financial Instruments - Quantitative Information About Significant Unobservable Inputs Used in Fair Value Measurement (Details) $ in Thousands		Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Investment securities		$ 301,433	$ 268,410
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member]
Impaired loans		$ 1,146	$ 259
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Minimum [Member]
Impaired loans, measurement input		0.05	0.02
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Maximum [Member]
Impaired loans, measurement input		0.13	1
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Weighted Average [Member]
Impaired loans, measurement input		0.13	0.34
Valuation Technique, Third Party Appraisal [Member] | Measurement Input, Collateral Discounts and Discount Rates [Member]
Other real estate owned			$ 635
Other real estate owned, measurement input			0.04
Valuation Technique, Third Party Appraisal [Member] | Measurement Input, Collateral Discounts and Discount Rates [Member] | Weighted Average [Member]
Other real estate owned, measurement input			0.04
US Government Corporations and Agencies Securities [Member]
Investment securities		$ 38,336	$ 36,821
US Government Corporations and Agencies Securities [Member] | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member]
Investment securities	[1]	$ 17,949	$ 18,516
Investment securities, measurement input	[1]	0
US Government Corporations and Agencies Securities [Member] | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | Minimum [Member]
Investment securities, measurement input	[1]		0
US Government Corporations and Agencies Securities [Member] | Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | Maximum [Member]
Investment securities, measurement input	[1]		0.004
[1]	Fair values determined through valuation analysis using coupon, yield (discount margin), liquidity and expected repayment dates.

Note 8 - Fair Values of Finan_6

Note 8 - Fair Values of Financial Instruments - Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment securities	$ 301,433	$ 268,410
Equity securities	1,800	1,670
Derivative financial instruments	5,461
Junior subordinated debt	5,962	5,949
Fair Value, Inputs, Level 1 [Member]
Equity securities	1,800	1,670
Derivative financial instruments	0
Fair Value, Inputs, Level 2 [Member]
Equity securities	0	0
Derivative financial instruments	5,461
Fair Value, Inputs, Level 3 [Member]
Equity securities	0	0
Derivative financial instruments	0
Reported Value Measurement [Member]
Cash and due from banks	99,370	35,368
Federal funds sold	97
Investment securities	313,399	280,844
Equity securities	16,763	16,599
Loans, net of allowance	1,825,547	1,839,955
Derivative financial instruments	5,461	2,216
Deposits, noninterest-bearing	515,487	448,230
Deposits, interest-bearing	1,494,393	1,439,594
FHLB short-term advances and repurchase agreements	8,274	47,653
FHLB long-term advances	78,500	78,500
Junior subordinated debt	5,962	5,949
Subordinated debt	43,600	43,600
Estimate of Fair Value Measurement [Member]
Cash and due from banks	99,370	35,368
Federal funds sold	97
Investment securities	313,774	281,059
Equity securities	16,763	16,599
Loans, net of allowance	1,848,567	1,861,971
Derivative financial instruments	5,461	2,216
Deposits, noninterest-bearing	515,487	448,230
Deposits, interest-bearing	1,520,587	1,504,644
FHLB short-term advances and repurchase agreements	8,274	47,653
FHLB long-term advances	78,353	82,101
Junior subordinated debt	2,556	5,299
Subordinated debt	39,937	42,336
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and due from banks	99,370	35,368
Federal funds sold	97
Investment securities	0	0
Equity securities	1,800	1,670
Loans, net of allowance	0	0
Derivative financial instruments	0	0
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	0	0
FHLB short-term advances and repurchase agreements	0	0
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and due from banks	0	0
Federal funds sold	0
Investment securities	287,502	254,306
Equity securities	14,963	14,929
Loans, net of allowance	1,848,567	0
Derivative financial instruments	5,461	2,216
Deposits, noninterest-bearing	515,487	448,230
Deposits, interest-bearing	0	0
FHLB short-term advances and repurchase agreements	8,274	47,653
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	39,937	42,336
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and due from banks	0	0
Federal funds sold	0
Investment securities	26,272	26,753
Equity securities	0	0
Loans, net of allowance	0	1,861,971
Derivative financial instruments	0	0
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	1,520,587	1,504,644
FHLB short-term advances and repurchase agreements	0	0
FHLB long-term advances	78,353	82,101
Junior subordinated debt	2,556	5,299
Subordinated debt	$ 0	$ 0

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%

Note 9 - Income Taxes - Expense

Note 9 - Income Taxes - Expense for Income Taxes and Effective Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income tax expense	$ 1,430	$ 149
Effective tax rate	21.10%	19.70%

Note 10 - Commitments and Con_3

Note 10 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Commitment to Lend	$ 0.3	$ 0.2
Commitment to Fund Investment in SBIC Qualified Funds	1
Other Liabilities [Member]
Financing Receivable, Commitment to Lend	$ 0.3	$ 0.2

Note 10 - Commitments and Con_4

Note 10 - Commitments and Contingencies - Commitments to Extend Credit (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Commitments to Extend Credit [Member]
Commitments to extend credit	$ 290,043	$ 266,039
Standby Letters of Credit [Member]
Commitments to extend credit	$ 14,412	$ 14,420

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual)	3 Months Ended
	Mar. 31, 2021USD ($)
Operating Lease, Right-of-Use Asset	$ 3,700,000
Operating Lease, Liability, Total	3,800,000
Operating Lease, Lease Income, Total	$ 79,000
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	3 years
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	11 years

Note 11 - Leases - Quantitative

Note 11 - Leases - Quantitative Information Regarding Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Total operating lease cost	$ 152	$ 133
Weighted-average remaining lease term (in years) (Year)	8 years 4 months 24 days	9 years 2 months 12 days
Weighted-average discount rate	2.80%	2.80%

Note 11 - Leases - Future Minim

Note 11 - Leases - Future Minimum Lease Payment (Details) $ in Thousands	Mar. 31, 2021USD ($)
2021	$ 447
2022	598
2023	595
2024	515
2025	476
Thereafter	1,691
Total	$ 4,322

Note 12 - Subsequent Events (De

Note 12 - Subsequent Events (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Apr. 01, 2021	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Payments to Acquire Businesses, Gross		$ 0	$ 10,761
Assets, Total		2,407,956		$ 2,321,181
Financing Receivable, after Allowance for Credit Loss, Total		1,825,547	$ 5,313	1,839,955
Deposits, Total		2,009,880		$ 1,887,824
Cheaha Financial Group [Member]
Assets, Total		238,000
Financing Receivable, after Allowance for Credit Loss, Total		120,000
Deposits, Total		$ 206,000
Cheaha Financial Group [Member] | Subsequent Event [Member]
Business Acquisition, Share Price (in dollars per share)	$ 80
Payments to Acquire Businesses, Gross	$ 41,100