Investar Holding (ISTR) 10-Q 3 Aug 23 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2023	Jul. 31, 2023 shares
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	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
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	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,831,232
Entity Number of Employees	338

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 34,697	$ 30,056
Interest-bearing balances due from other banks	31,082	10,010
Federal funds sold	128	193
Cash and cash equivalents	65,907	40,259
Available for sale securities at fair value (amortized cost of $452,053 and $467,316, respectively)	389,583	405,167
Held to maturity securities at amortized cost (estimated fair value of $17,913 and $7,922, respectively)	17,812	8,305
Loans	2,084,863	2,104,767
Less: allowance for credit losses	(30,044)	(24,364)
Loans, net	2,054,819	2,080,403
Equity securities	14,938	27,254
Bank premises and equipment, net of accumulated depreciation of $21,886 and $22,025, respectively	45,925	49,587
Other real estate owned, net	4,137	682
Accrued interest receivable	12,661	12,749
Deferred tax asset	17,658	16,438
Goodwill and other intangible assets, net	42,677	43,147
Bank owned life insurance	58,068	57,379
Other assets	29,489	12,437
Total assets	2,753,674	2,753,807
Deposits:
Noninterest-bearing	488,311	580,741
Interest-bearing	1,692,542	1,501,624
Total deposits	2,180,853	2,082,365
Advances from Federal Home Loan Bank	23,500	387,000
Borrowings under Bank Term Funding Program	235,800	0
Repurchase agreements	5,183	0
Subordinated debt, net of unamortized issuance costs	44,272	44,225
Junior subordinated debt	8,574	8,515
Accrued taxes and other liabilities	37,135	15,920
Total liabilities	2,535,317	2,538,025
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; 9,831,145 and 9,901,847 shares issued and outstanding, respectively	9,831	9,902
Surplus	145,347	146,587
Retained earnings	112,344	108,206
Accumulated other comprehensive loss	(49,165)	(48,913)
Total stockholders’ equity	218,357	215,782
Total liabilities and stockholders’ equity	$ 2,753,674	$ 2,753,807

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Available for sale securities, amortized cost	$ 452,053	$ 467,316
Held to maturity securities, far value	17,913	7,922
Bank premises and equipment, accumulated depreciation	$ 21,886	$ 22,025
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)	9,831,145	9,901,847
Common stock, shares issued (in shares)	9,831,145	9,901,847

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
INTEREST INCOME
Interest and fees on loans	$ 28,513	$ 21,765	$ 55,872	$ 43,491
Interest on investment securities:
Taxable	3,262	2,234	6,347	4,048
Tax-exempt	119	129	224	270
Other interest income	502	200	930	386
Total interest income	32,396	24,328	63,373	48,195
INTEREST EXPENSE
Interest on deposits	9,534	907	15,755	1,883
Interest on borrowings	4,475	1,443	9,058	2,513
Total interest expense	14,009	2,350	24,813	4,396
Net interest income	18,387	21,978	38,560	43,799
Provision for credit losses	(2,840)	941	(2,452)	492
Net interest income after provision for credit losses	21,227	21,037	41,012	43,307
NONINTEREST INCOME
(Loss) gain on call or sale of investment securities, net	0	0	(1)	6
Loss on sale or disposition of fixed assets, net	(58)	(461)	(917)	(88)
Gain (loss) on sale of other real estate owned, net	5	(84)	(137)	(43)
Swap termination fee income	0	4,733	0	8,077
Gain on sale of loans	0	4	75	37
Income from bank owned life insurance	353	326	689	618
Change in the fair value of equity securities	(107)	(86)	(111)	(75)
Other operating income	684	584	1,171	1,164
Total noninterest income	2,070	6,378	3,146	12,244
Income before noninterest expense	23,297	27,415	44,158	55,551
NONINTEREST EXPENSE
Depreciation and amortization	919	1,122	1,971	2,277
Salaries and employee benefits	9,343	9,063	18,677	18,084
Occupancy	646	751	1,670	1,392
Data processing	827	727	1,702	1,733
Marketing	82	83	151	104
Professional fees	323	499	956	878
Loss on early extinguishment of subordinated debt	0	222	0	222
Other operating expenses	3,101	3,085	6,289	6,295
Total noninterest expense	15,241	15,552	31,416	30,985
Income before income tax expense	8,056	11,863	12,742	24,566
Income tax expense	1,509	2,459	2,383	5,059
Net income	$ 6,547	$ 9,404	$ 10,359	$ 19,507
EARNINGS PER SHARE
Basic earnings per share (in dollars per share)	$ 0.67	$ 0.92	$ 1.05	$ 1.90
Diluted earnings per share (in dollars per share)	0.67	0.92	1.05	1.89
Cash dividends declared per common share (in dollars per share)	$ 0.10	$ 0.09	$ 0.195	$ 0.175
Deposit Account [Member]
NONINTEREST INCOME
Noninterest income	$ 746	$ 804	$ 1,486	$ 1,471
Bank Servicing [Member]
NONINTEREST INCOME
Noninterest income	4	23	10	44
Credit and Debit Card [Member]
NONINTEREST INCOME
Noninterest income	$ 443	$ 535	$ 881	$ 1,033

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 6,547	$ 9,404	$ 10,359	$ 19,507
Investment securities:
Unrealized loss, available for sale, net of tax benefit of $1,330, $3,884, $69 and $8,471, respectively	(4,915)	(14,621)	(253)	(31,880)
Reclassification of realized loss (gain), available for sale, net of tax expense of $0, $0, $0 and $1, respectively	0	0	1	(5)
Unrealized loss, transfer from available for sale to held to maturity, net of tax benefit of $0 for all respective periods	0	(1)	0	(1)
Derivative financial instruments:
Change in fair value of interest rate swaps designated as cash flow hedges, net of tax expense of $0, $308, $0 and $1,151, respectively	0	1,157	0	4,329
Reclassification of realized gain, interest rate swap termination, net of tax expense of $0, $995, $0 and $1,697, respectively	0	(3,738)	0	(6,380)
Total other comprehensive loss	(4,915)	(17,203)	(252)	(33,937)
Total comprehensive income (loss)	$ 1,632	$ (7,799)	$ 10,107	$ (14,430)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment, Tax	$ 1,330	$ 3,884	$ 69	$ 8,471
Reclassification of realized gain, tax	0	0	0	1
Unrealized loss, transfer from available for sale to held to maturity, tax benefit	0	0	0	0
Change in fair value of interest rate swaps designated as a cash flow hedge, tax	0	308	0	1,151
Reclassification of realized gain, interest rate swap termination, tax	$ 0	$ 995	$ 0	$ 1,697

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, 2021	$ 10,343	$ 154,932	$ 76,160	$ 1,163	$ 242,598
Surrendered shares	(19)	(364)	0	0	(383)
Options exercised	7	91	0	0	98
Dividends declared	0	0	(1,779)	0	(1,779)
Stock-based compensation	76	793	0	0	869
Shares repurchased	(382)	(7,222)	0	0	(7,604)
Net income	0	0	19,507	0	19,507
Net change	0	0	0	(33,937)	(33,937)
Net income	0	0	19,507	0	19,507
Balance at Jun. 30, 2022	10,025	148,230	93,888	(32,774)	219,369
Balance at Mar. 31, 2022	10,310	153,531	85,387	(15,571)	233,657
Surrendered shares	(5)	(106)	0	0	(111)
Options exercised	7	91	0	0	98
Dividends declared	0	0	(903)	0	(903)
Stock-based compensation	18	469	0	0	487
Shares repurchased	(305)	(5,755)	0	0	(6,060)
Net income	0	0	9,404	0	9,404
Net change	0	0	0	(17,203)	(17,203)
Net income	0	0	9,404	0	9,404
Balance at Jun. 30, 2022	10,025	148,230	93,888	(32,774)	219,369
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	0	0	(4,295)	0	(4,295)
Balance at Dec. 31, 2022	9,902	146,587	108,206	(48,913)	215,782
Surrendered shares	(21)	(323)	0	0	(344)
Options exercised	8	97	0	0	105
Dividends declared	0	0	(1,926)	0	(1,926)
Stock-based compensation	80	859	0	0	939
Shares repurchased	(138)	(1,873)	0	0	(2,011)
Net income	0	0	10,359	0	10,359
Net change	0	0	0	(252)	(252)
Net income	0	0	10,359	0	10,359
Balance at Jun. 30, 2023	9,831	145,347	112,344	(49,165)	218,357
Balance at Mar. 31, 2023	9,901	146,027	106,780	(44,250)	218,458
Surrendered shares	(11)	(146)	0	0	(157)
Dividends declared	0	0	(983)	0	(983)
Stock-based compensation	33	473	0	0	506
Shares repurchased	(92)	(1,007)	0	0	(1,099)
Net income	0	0	6,547	0	6,547
Net change	0	0	0	(4,915)	(4,915)
Net income	0	0	6,547	0	6,547
Balance at Jun. 30, 2023	$ 9,831	$ 145,347	$ 112,344	$ (49,165)	$ 218,357

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Dividends per share declared (in dollars per share)	$ 0.10	$ 0.09	$ 0.195	$ 0.175

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 10,359	$ 19,507
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,971	2,277
Provision for credit losses	(2,452)	492
Net accretion of purchase accounting adjustments	(171)	(101)
Net (accretion) amortization of securities	(78)	776
Loss (gain) on call or sale of investment securities, net	1	(6)
Loss on sale or disposition of fixed assets, net	917	88
Loss on sale of other real estate owned, net	137	43
Gain on sale of loans	(75)	(37)
Loss on early extinguishment of subordinated debt	0	222
FHLB stock dividend	(418)	(20)
Stock-based compensation	939	869
Deferred taxes	(10)	(246)
Net change in value of bank owned life insurance	(689)	(618)
Amortization of subordinated debt issuance costs	47	57
Change in the fair value of equity securities	111	75
Originations	0	(624)
Proceeds from sales	0	1,281
Net change in:
Accrued interest receivable	88	450
Other assets	3,080	(3,563)
Accrued taxes and other liabilities	1,518	843
Net cash provided by operating activities	15,275	21,765
Cash flows from investing activities:
Proceeds from sales of investment securities available for sale	2,364	0
Purchases of securities available for sale	(67,473)	(152,573)
Purchases of securities held to maturity	(10,000)	0
Proceeds from maturities, prepayments and calls of investment securities available for sale	80,455	35,841
Proceeds from maturities, prepayments and calls of investment securities held to maturity	487	545
Proceeds from redemption or sale of equity securities	15,278	326
Purchases of equity securities	(2,654)	(6,216)
Net decrease (increase) in loans	5,022	(35,251)
Proceeds from sales of other real estate owned	1,323	1,401
Proceeds from sales of fixed assets	9	4,692
Purchases of fixed assets	(537)	(615)
Purchases of bank owned life insurance	0	(5,000)
Purchases of other investments	(334)	(618)
Distributions from investments	183	5
Cash paid for branch sale to First Community Bank, net of cash received	(596)	0
Net cash provided by (used in) investing activities	23,527	(157,463)
Cash flows from financing activities:
Net increase (decrease) in customer deposits	113,152	(57,793)
Net increase (decrease) in repurchase agreements	5,183	(5,636)
Net (decrease) increase in short-term FHLB advances	(333,500)	161,300
Net increase in borrowings under the Bank Term Funding Program	235,800	0
Repayment of long-term FHLB advances	(30,000)	0
Cash dividends paid on common stock	(1,883)	(1,706)
Proceeds from stock options exercised	105	98
Payments to repurchase common stock	(2,011)	(7,604)
Proceeds from subordinated debt, net of issuance costs	0	19,548
Extinguishment of subordinated debt	0	(18,600)
Net cash (used in) provided by financing activities	(13,154)	89,607
Net change in cash and cash equivalents	25,648	(46,091)
Cash and cash equivalents, beginning of period	40,259	97,041
Cash and cash equivalents, end of period	65,907	50,950
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING ACTIVITIES
Transfer from loans to other real estate owned	3,814	1,673
Transfer from bank premises and equipment to other real estate owned	1,100	525
First Community Bank [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of loans	(75)	0
Held for Sale [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Gain on sale of loans	$ 0	$ (37)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
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 six June 30, 2023 are not may December 31, 2022 , including the notes thereto, which were included as part of the Company’s Annual Report on Form 10 March 8, 2023. Nature of Operations The Company is a financial holding company, headquartered in Baton Rouge, Louisiana that 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, professionals and small to medium-sized businesses. The Company’s primary markets are in south Louisiana, southeast Texas and Alabama. At June 30, 2023 , the Company operated 20 full service branches located in Louisiana, two six 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 credit losses. While management uses available information to recognize credit losses on loans, future additions to the allowance may 2023,” 2016 13 January 1, 2023, may may Other estimates that are susceptible to significant change in the near term relate to the allowance for off-balance sheet credit losses, the fair value of stock-based compensation awards, the determination of other-than-temporary impairments of securities, and the fair value of financial instruments and goodwill. Rapidly changing inflation rates and rising interest rates have made certain estimates more challenging, including those discussed above. Reclassifications Certain reclassifications have been made to prior period balances to conform to the current period presentation. Accounting Standards Adopted in 2023 FASB ASC Topic 326 Financial Instruments Credit Losses: Measurement of Credit Losses on Financial Instruments Update No. 2016 13 ASU 2016 13 ) . 2016 13 January 1, 2023. 2016 13, CECL requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts and requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. The CECL methodology requires that lifetime expected credit losses be recorded at the time the financial asset is originated or acquired and be adjusted each period as a provision for credit losses for changes in expected lifetime credit losses. Under prior GAAP, credit losses were not not ASU 2016 13 not The Company developed a CECL model methodology that calculates expected credit losses over the life of the portfolio by analyzing the composition, characteristics and quality of the loan and securities portfolios, as well as prevailing economic conditions and forecasts. The Company’s CECL calculation estimates loan losses using a combination of discounted cash flow and remaining life analyses. To the extent the lives of the loans in the portfolio extend beyond the period for which a reasonable and supportable forecast can be made, when necessary, the model reverts back to the historical loss rates adjusted for qualitative factors related to current conditions using a four 2016 13 December 31, 2022 2016 13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. ASU 2016 13 ASC 310 30, “Loans and Debt Securities Acquired with Deteriorated Credit Quality” 310 30” 2016 13, not The Company adopted ASU 2016 13 January 1, 2023, one December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (24,364 ) $ (5,865 ) $ (30,229 ) Deferred tax asset 16,438 1,142 17,580 Remaining purchase discount on loans (1) (818 ) 422 (396 ) Liabilities: Reserve for unfunded loan commitments (2) 372 (6 ) 366 Stockholders’ Equity Retained earnings 108,206 (4,295 ) 103,911 ( 1 January 1, 2023. ( 2 three six June 30, 2023 . In addition, ASU 2016 13 not not not not not he Company s AFS and HTM securities portfolios were not 2016 13 he Company determined that the declines in the fair values of the HTM and AFS securities portfolio were not 2016 13 no 2016 13 not The allowance for credit losses is measured on a pool basis when similar risk characteristics exist and is maintained at an amount which management believes is a current estimate of the expected credit losses for the full life of the relevant pool of loans and related unfunded lending commitments. For modeling purposes, loan pools include: agriculture and farmland, automotive, commercial and industrial, construction and development, commercial real estate - non-owner occupied and multifamily, commercial real estate - owner occupied, credit cards, home equity lines of credit and junior liens, consumer, residential senior liens, and other loans, which primarily consist of public finance. Management periodically reassesses each pool to confirm the loans within the pool continue to share similar characteristics and risk profiles and to determine whether further segmentation is necessary. The loss rates computed for each pool and expected pool-level funding rates are applied to the related unfunded lending commitments to calculate an allowance for credit losses. Loans that do not not FASB ASC Topic 326 “ Financial Instruments – Credit Losses, Troubled Debt Restructurings and Vintage Disclosures ” Update No. 2022 02 2022 02” ). ASU 2022 02 January 1, 2023 2022 02 326 2016 13 2022 02 not FASB ASC Topic 848 “ Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting ” Update No. 2020 04 “ ASU 2020 04 ” ) and FASB ASC Topic 848 “ Reference Rate Reform: Deferral of the Sunset Date ” Update No. 2022 06 “ ASU 2022 06 ” ) . In March 2020, 2020 04, 2020 04 March 12, 2020 January 1, 2020 December 31, 2022. December 2022, 2022 06, 2020 04 December 31, 2022 December 31, 2024. The Company implemented a plan to transition all loans and other financial instruments, including certain indebtedness, with attributes that are either directly or indirectly influenced by LIBOR to its preferred replacement index, the Secured Overnight Financing Rate (“SOFR”). As of June 30, 2023, 2022 06 not

Note 2 - Earnings Per Share

Note 2 - Earnings Per Share	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 2. The following is a summary of the information used in the computation of basic and diluted earnings per share for the three six June 30, 2023 2022 (in thousands, except share data). Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Earnings per common share - basic Net income $ 6,547 $ 9,404 $ 10,359 $ 19,507 Less: income allocated to participating securities — (7 ) (2 ) (23 ) Net income allocated to common shareholders 6,547 9,397 10,357 19,484 Weighted average basic shares outstanding 9,880,721 10,149,246 9,894,748 10,241,776 Basic earnings per common share $ 0.67 $ 0.92 $ 1.05 $ 1.90 Earnings per common share - diluted Net income allocated to common shareholders $ 6,547 $ 9,397 $ 10,357 $ 19,484 Weighted average basic shares outstanding 9,880,721 10,149,246 9,894,748 10,241,776 Dilutive effect of securities 664 84,293 16,120 70,958 Total weighted average diluted shares outstanding 9,881,385 10,233,539 9,910,868 10,312,734 Diluted earnings per common share $ 0.67 $ 0.92 $ 1.05 $ 1.89 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 June 30, Six months ended June 30, 2023 2022 2023 2022 Stock options — — 8,318 — Restricted stock awards — 87 — 13 Restricted stock units 113,897 3,176 79,050 45,653

Note 3 - Investment Securities

Note 3 - Investment Securities	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. Debt Securities 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 June 30, 2023 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 27,889 $ 131 $ (725 ) $ 27,295 Obligations of state and political subdivisions 19,949 11 (2,325 ) 17,635 Corporate bonds 33,740 — (4,304 ) 29,436 Residential mortgage-backed securities 288,658 3 (46,392 ) 242,269 Commercial mortgage-backed securities 81,817 188 (9,057 ) 72,948 Total $ 452,053 $ 333 $ (62,803 ) $ 389,583 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2022 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 30,370 $ 134 $ (699 ) $ 29,805 Obligations of state and political subdivisions 21,098 7 (2,727 ) 18,378 Corporate bonds 33,477 — (3,535 ) 29,942 Residential mortgage-backed securities 298,867 10 (47,026 ) 251,851 Commercial mortgage-backed securities 83,504 179 (8,492 ) 75,191 Total $ 467,316 $ 330 $ (62,479 ) $ 405,167 The Company calculates realized gains and losses on sales of debt securities under the specific identification method. Procee Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Proceeds from sales $ — $ — $ 2,364 $ — Gross gains $ — $ — $ 1 $ — Gross losses $ — $ — $ (2 ) $ — 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 June 30, 2023 Obligations of state and political subdivisions $ 15,282 $ 397 $ (62 ) $ 15,617 Residential mortgage-backed securities 2,530 — (234 ) 2,296 Total $ 17,812 $ 397 $ (296 ) $ 17,913 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2022 Obligations of state and political subdivisions $ 5,538 $ 1 $ (127 ) $ 5,412 Residential mortgage-backed securities 2,767 — (257 ) 2,510 Total $ 8,305 $ 1 $ (384 ) $ 7,922 Securities are classified in the consolidated balance sheets according to management’s intent. The Company had no securities classified as trading as of June 30, 2023 or December 31, 2022 . The approximate fair value of AFS securities and unrealized losses, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses June 30, 2023 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 9,889 $ (283 ) $ 5,523 $ (442 ) $ 15,412 $ (725 ) Obligations of state and political subdivisions 2,969 (74 ) 14,502 (2,251 ) 17,471 (2,325 ) Corporate bonds 5,297 (468 ) 23,889 (3,836 ) 29,186 (4,304 ) Residential mortgage-backed securities 28,212 (1,917 ) 213,521 (44,475 ) 241,733 (46,392 ) Commercial mortgage-backed securities 11,851 (880 ) 44,383 (8,177 ) 56,234 (9,057 ) Total $ 58,218 $ (3,622 ) $ 301,818 $ (59,181 ) $ 360,036 $ (62,803 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2022 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 16,017 $ (688 ) $ 1,013 $ (11 ) $ 17,030 $ (699 ) Obligations of state and political subdivisions 13,695 (1,427 ) 4,524 (1,300 ) 18,219 (2,727 ) Corporate bonds 19,606 (1,170 ) 10,085 (2,365 ) 29,691 (3,535 ) Residential mortgage-backed securities 134,419 (18,122 ) 116,132 (28,904 ) 250,551 (47,026 ) Commercial mortgage-backed securities 27,181 (2,632 ) 32,432 (5,860 ) 59,613 (8,492 ) Total $ 210,918 $ (24,039 ) $ 164,186 $ (38,440 ) $ 375,104 $ (62,479 ) At June 30, 2023 , 784 of the Company’s AFS debt securities had unrealized losses totaling 14.9% 13.9% 12 The approximate fair value of HTM securities, and unrealized losses, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, are summarized below as of the dates presented (dollars in thousands). Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses June 30, 2023 Obligations of state and political subdivisions $ 3,345 $ (62 ) $ — $ — $ 3,345 $ (62 ) Residential mortgage-backed securities 50 (3 ) 2,245 (231 ) 2,295 (234 ) Total $ 3,395 $ (65 ) $ 2,245 $ (231 ) $ 5,640 $ (296 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2022 Obligations of state and political subdivisions $ 3,536 $ (127 ) $ — $ — $ 3,536 $ (127 ) Residential mortgage-backed securities 2,510 (257 ) — — 2,510 (257 ) Total $ 6,046 $ (384 ) $ — $ — $ 6,046 $ (384 ) Unrealized losses are generally due to changes in market interest rates. The Company has the intent to hold these securities either until maturity or a forecasted recovery, and it is more likely than not not not June 30, 2023 or December 31, 2022 . The amortized cost and approximate fair value of investment debt securities, by contractual maturity, 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 June 30, 2023 Due within one year $ 3,673 $ 3,611 $ 915 $ 916 Due after one year through five years 34,748 33,302 960 961 Due after five years through ten years 48,078 43,808 3,407 3,345 Due after ten years 365,554 308,862 12,530 12,691 Total debt securities $ 452,053 $ 389,583 $ 17,812 $ 17,913 Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value December 31, 2022 Due within one year $ 1,082 $ 1,072 $ 915 $ 915 Due after one year through five years 32,452 31,394 960 961 Due after five years through ten years 52,093 48,229 3,663 3,536 Due after ten years 381,689 324,472 2,767 2,510 Total debt securities $ 467,316 $ 405,167 $ 8,305 $ 7,922 Accrued interest receivable on the Company s investment securities both June 30, 2023 and December 31, 2022 , and is included in “ Accrued interest receivable ” on the accompanying consolidated balance sheets. At June 30, 2023 , securities with a carrying value of $357.0 million were pledged to secure certain deposits, borrowings, and other liabilities, compared to $165.7 million in pledged securities at December 31, 2022 . Equity Securities Equity securities primarily consist of Federal Home Loan Bank (“FHLB”) stock and Federal Reserve Bank of Atlanta (“FRB”) stock. Members of the FHLB and FRB are required to own a certain amount of stock based on the level of borrowings and other factors and may June 30, 2023 and December 31, 2022 was million and million, respectively. In addition, equity securities include marketable securities in corporate stocks and mutual funds and totaled million and million at June 30, 2023 and December 31, 2022 , respectively.

Note 4 - Loans and Allowance fo

Note 4 - Loans and Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	4. The Company’s loan portfolio consists of the following categories of loans as of the dates presented (dollars in thousands). June 30, 2023 December 31, 2022 Construction and development $ 197,850 $ 201,633 1-4 Family 414,380 401,377 Multifamily 80,424 81,812 Farmland 8,434 12,877 Commercial real estate 972,213 958,243 Total mortgage loans on real estate 1,673,301 1,655,942 Commercial and industrial 399,488 435,093 Consumer 12,074 13,732 Total loans $ 2,084,863 $ 2,104,767 Interest on loans is calculated by using the simple interest method on daily balances of the principal amount outstanding. Loan origination fees, net of direct loan origination costs and commitment fees, are deferred and amortized as an adjustment to yield over the life of the loan, or over the commitment period, as applicable. Unamortized premiums and discounts on loans, included in the total loans balances above, were $0.2 million at June 30, 2023 and December 31, 2022 , respectively, and unearned income, or deferred fees, on loans w $1.1 million June 30, 2023 and December 31, 2022 , respectively and is also included in the total loans balance in the table above. The table below provides an analysis of the aging of loans as of June 30, 2023 (dollars in thousands). June 30, 2023 Current 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total > 90 Days and Accruing Construction and development $ 195,858 $ 713 $ 1,138 $ 141 $ 197,850 $ — 1-4 Family 412,427 546 614 793 414,380 — Multifamily 79,998 — 426 — 80,424 — Farmland 8,434 — — — 8,434 — Commercial real estate 970,285 186 229 1,513 972,213 — Total mortgage loans on real estate 1,667,002 1,445 2,407 2,447 1,673,301 — Commercial and industrial 397,688 399 — 1,401 399,488 — Consumer 11,913 64 22 75 12,074 — Total loans $ 2,076,603 $ 1,908 $ 2,429 $ 3,923 $ 2,084,863 $ — The table below provides an analysis of nonaccrual loans as of June 30, 2023 and December 31, 2022 (dollars in thousands). June 30, 2023 December 31, 2022 (1) Nonaccrual with No Allowance for Credit Loss Nonaccrual with an Allowance for Credit Loss Total Nonaccrual Loans Total Nonaccrual Loans Construction and development $ 941 $ 399 $ 1,340 $ 372 1-4 Family 1,195 519 1,714 1,207 Multifamily — — — — Farmland — — — 62 Commercial real estate 2,391 52 2,443 6,032 Total mortgage loans on real estate 4,527 970 5,497 7,673 Commercial and industrial 1,343 59 1,402 2,183 Consumer 35 60 95 130 Total loans $ 5,905 $ 1,089 $ 6,994 $ 9,986 ( 1 Nonaccrual loans previously reported as of December 31, 2022 310 30. The table below provides an analysis of the aging of loans as of December 31, 2022 (dollars in thousands). December 31, 2022 Accruing Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Nonaccrual Total Past Due & Nonaccrual Acquired Impaired Loans Total Loans Construction and development $ 201,048 $ 101 $ — $ 112 $ 372 $ 585 $ — $ 201,633 1-4 Family 394,846 2,614 1,220 1,188 1,207 6,229 302 401,377 Multifamily 81,812 — — — — — — 81,812 Farmland 12,601 152 62 — 62 276 — 12,877 Commercial real estate 951,908 181 22 — 5,523 5,726 609 958,243 Total mortgage loans on real estate 1,642,215 3,048 1,304 1,300 7,164 12,816 911 1,655,942 Commercial and industrial 432,438 406 15 51 2,183 2,655 — 435,093 Consumer 13,347 171 27 — 130 328 57 13,732 Total loans $ 2,088,000 $ 3,625 $ 1,346 $ 1,351 $ 9,477 $ 15,799 $ 968 $ 2,104,767 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 Collateral Dependent Loans Collateral dependent loans are loans for which the repayments, on the basis of our assessment at the reporting date, are expected to be provided substantially through the operation or sale of the collateral and the borrower is experiencing financial difficulty. Loans that do not s collateral dependent loans include all nonaccrual loans shown in the table above. The types of collateral that secure collateral dependent loans are discussed under “Portfolio Segment Risk Factors” below. Portfolio Segment Risk Factors The following describes the risk characteristics relevant to each of the Company’s loan portfolio segments. Constructio n and Development - Construction and development loans are generally made for the purpose of acquisition and development of land to be improved through the construction of commercial and residential buildings. The successful repayment of these types of loans is generally dependent upon a commitment for permanent financing from the Company, or from the sale of the constructed property. These loans carry more risk than commercial or residential real estate loans due to the dynamics of construction projects, changes in interest rates, the long-term financing market, and state and local government regulations. One such risk is that loan funds are advanced upon the security of the property under construction, which is of uncertain value prior to the completion of construction. Thus, it is more difficult to evaluate accurately the total loan funds required to complete a project and to calculate related loan-to-value ratios. The Company attempts to minimize the risks associated with construction lending by limiting loan-to-value ratios as described above. In addition, as to speculative development loans, the Company generally makes such loans only to borrowers that have a positive pre-existing relationship with us. The Company manages risk by using specific underwriting policies and procedures for these types of loans and by avoiding excessive concentrations in any one 1 4 - The 1 4 first not Multifamily - Multifamily loans are normally made to real estate investors to support permanent financing for multifamily residential income producing properties that rely on the successful operation of the property for repayment. This management mainly involves property maintenance and collection of rents due from tenants. This type of lending carries a lower level of risk, as compared to other commercial lending. In addition, underwriting requirements for multifamily properties are stricter than for other non-owner-occupied property types. The Company manages this risk by avoiding concentrations with any particular customer. Multifamily loans are primarily secured by first Farmland - Farmland loans are often for land improvements related to agricultural endeavors and may Commercial Real Estate - Commercial real estate loans are extensions of credit secured by owner occupied and non-owner occupied collateral. Underwriting generally involves intensive analysis of the financial strength of the borrower and guarantor, liquidation value of the subject collateral, the associated unguaranteed exposure, and any available secondary sources of repayment, with the greatest emphasis given to a borrower’s capacity to meet cash flow coverage requirements as set forth by Bank policies. Commercial real estate loans typically depend on the successful operation and management of the businesses that occupy these properties or the financial stability of tenants occupying the properties. Nonowner-occupied commercial real estate loans typically are dependent, in large part, on the owner’s ability to rent the property and the ability of the tenants to pay rent, whereas owner-occupied commercial real estate loans typically are dependent, in large part, on the success of the owner’s business. General market conditions and economic activity may one Com mercial and Industrial - Commercial and industrial loans receive similar underwriting treatment as commercial real estate loans in that the repayment source is analyzed to determine its ability to meet cash flow coverage requirements as set forth by Bank policies. Repayment of these loans generally comes from the generation of cash flow as the result of the borrower’s business operations. Commercial lending generally involves different risks from those associated with commercial real estate lending or construction lending. Although commercial loans may may, Consumer - Consumer loans are offered by the Company in order to provide a full range of retail financial services to its customers and include auto loans, credit cards, and other consumer installment loans. Typically, the Company evaluates the borrower’s repayment ability through a review of credit scores and an evaluation of debt to income ratios. Repayment of consumer loans depends upon key consumer economic measures and upon the borrower’s financial stability and is more likely to be adversely affected by divorce, job loss, illness and personal hardships than repayment of other loans. A shortfall in the value of any collateral also may Refer to Note 1. 2023 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 year of origination, category, and credit quality indicator as of June 30, 2023 (dollars in thousands). June 30, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Loans Total Construction and development Pass $ 4,167 $ 7,572 $ 8,557 $ 3,871 $ 1,296 $ 4,445 $ 164,745 $ 379 $ 195,032 Special Mention — — 780 — — — 570 — 1,350 Substandard — 51 141 — — 77 800 — 1,069 Doubtful — — 147 — — — 252 — 399 Total construction and development $ 4,167 $ 7,623 $ 9,625 $ 3,871 $ 1,296 $ 4,522 $ 166,367 $ 379 $ 197,850 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — 1-4 Family Pass $ 29,570 $ 97,214 $ 82,166 $ 60,148 $ 29,666 $ 64,868 $ 41,093 $ 5,772 $ 410,497 Special Mention 568 — 487 — — 180 — — 1,235 Substandard — 216 256 — 288 1,784 104 — 2,648 Total 1-4 family $ 30,138 $ 97,430 $ 82,909 $ 60,148 $ 29,954 $ 66,832 $ 41,197 $ 5,772 $ 414,380 Current-period gross charge-offs $ (22 ) $ — $ — $ — $ (21 ) $ (3 ) $ — $ — $ (46 ) Multifamily Pass $ 3,937 $ 44,861 $ 13,116 $ 4,474 $ 637 $ 7,508 $ 4,749 $ 716 $ 79,998 Special Mention — — — — — — — — — Substandard — — — — — 426 — — 426 Total multifamily $ 3,937 $ 44,861 $ 13,116 $ 4,474 $ 637 $ 7,934 $ 4,749 $ 716 $ 80,424 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Farmland Pass $ 955 $ 1,473 $ 744 $ 1,123 $ 1,178 $ 1,582 $ 1,302 $ — $ 8,357 Special Mention — — — — — — — — — Substandard — — — — — 77 — 77 Total farmland $ 955 $ 1,473 $ 744 $ 1,123 $ 1,178 $ 1,659 $ 1,302 $ — $ 8,434 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate Pass $ 49,762 $ 241,973 $ 215,210 $ 180,768 $ 86,338 $ 120,277 $ 21,496 $ 46,026 $ 961,850 Special Mention — — 2,368 — — 71 — — 2,439 Substandard 486 — — 900 393 5,338 807 — 7,924 Total commercial real estate $ 50,248 $ 241,973 $ 217,578 $ 181,668 $ 86,731 $ 125,686 $ 22,303 $ 46,026 $ 972,213 Current-period gross charge-offs $ — $ — $ — $ — $ (1 ) $ (25 ) $ — $ — $ (26 ) Commercial and industrial Pass $ 26,511 $ 148,131 $ 36,304 $ 16,242 $ 8,688 $ 16,141 $ 139,111 $ 1,357 $ 392,485 Special Mention — — 358 — — — 4,745 — 5,103 Substandard — 133 162 210 1,122 106 167 — 1,900 Total commercial and industrial $ 26,511 $ 148,264 $ 36,824 $ 16,452 $ 9,810 $ 16,247 $ 144,023 $ 1,357 $ 399,488 Current-period gross charge-offs $ — $ — $ (190 ) $ — $ (7 ) $ — $ (194 ) $ — $ (391 ) Consumer Pass $ 2,600 $ 3,363 $ 2,093 $ 1,092 $ 444 $ 1,534 $ 819 $ — $ 11,945 Special Mention — — — — — — — — — Substandard — 8 2 19 8 91 1 — 129 Total consumer $ 2,600 $ 3,371 $ 2,095 $ 1,111 $ 452 $ 1,625 $ 820 $ — $ 12,074 Current-period gross charge-offs $ (74 ) $ (15 ) $ (10 ) $ (10 ) $ (5 ) $ (46 ) $ (12 ) $ — $ (172 ) Total loans Pass $ 117,502 $ 544,587 $ 358,190 $ 267,718 $ 128,247 $ 216,355 $ 373,315 $ 54,250 $ 2,060,164 Special Mention 568 — 3,993 — — 251 5,315 — 10,127 Substandard 486 408 561 1,129 1,811 7,899 1,879 — 14,173 Doubtful — — 147 — — — 252 — 399 Total loans $ 118,556 $ 544,995 $ 362,891 $ 268,847 $ 130,058 $ 224,505 $ 380,761 $ 54,250 $ 2,084,863 Current-period gross charge-offs $ (96 ) $ (15 ) $ (200 ) $ (10 ) $ (34 ) $ (74 ) $ (206 ) $ — $ (635 ) The table below presents the Company’s loan portfolio by category and credit quality indicator as of December 31, 2022 (dollars in thousands) under the previous incurred loss methodology. December 31, 2022 Special Pass Mention Substandard Doubtful Total Construction and development $ 198,967 $ 1,593 $ 1,073 $ — $ 201,633 1-4 Family 399,143 — 2,234 — 401,377 Multifamily 81,812 — — — 81,812 Farmland 12,815 — 62 — 12,877 Commercial real estate 942,927 6,101 9,215 — 958,243 Total mortgage loans on real estate 1,635,664 7,694 12,584 — 1,655,942 Commercial and industrial 427,430 5,140 2,336 187 435,093 Consumer 13,636 — 96 — 13,732 Total loans $ 2,076,730 $ 12,834 $ 15,016 $ 187 $ 2,104,767 The Company had no June 30, 2023 or December 31, 2022 . Loan Participations and Sold Loans Loan participations and whole loans sold to and serviced for others are not $25.0 million t June 30, 2023 and December 31, 2022 , respectively. The unpaid principal balance of these loans was approximat $104.6 million at June 30, 2023 and December 31, 2022 , respectively. 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 to companies of which these individuals are principal owners. Loans outstanding to such related party borrowers amounted to approximately million and million as of June 30, 2023 and December 31, 2022 , respectively. The table below shows the aggregate principal balance of loans to such related parties as of the dates presented (dollars in thousands). June 30, 2023 December 31, 2022 Balance, beginning of period $ 96,977 $ 97,606 New loans/changes in relationship 2,176 14,570 Repayments/changes in relationship (48,826 ) (15,199 ) Balance, end of period $ 50,327 $ 96,977 Allowance for Credit Losses Effective January 1, 2023, 2016 13, The allowance for credit losses is comprised of reserves measured on a collective (pool) basis based on a lifetime loss-rate model when similar risk characteristics exist. For each pool of loans, the Company evaluates and applies qualitative adjustments to the calculated allowance for credit losses based on several factors, including, but not not third not Refer to Note 1. 2016 13. The Company made the accounting policy election to exclude accrued interest receivable from the amortized cost of loans and the estimate of the allowance for credit losses. Accrued interest receivable on the Company’s loans $10.8 million at June 30, 2023 and December 31, 2022 , respectively, and is included in “Accrued interest receivable” on the accompanying consolidated balance sheets. The table below shows a summary of the activity in the allowance for credit losses for the three six June 30, 2023 2022 (dollars in thousands). Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Balance, beginning of period $ 30,521 $ 21,088 $ 24,364 $ 20,859 ASU 2016-13 adoption impact (1) — — 5,865 — Provision for credit losses on loans (2) (2,833 ) 941 (2,277 ) 492 Charge-offs (125 ) (131 ) (635 ) (460 ) Recoveries 2,481 56 2,727 1,063 Balance, end of period $ 30,044 $ 21,954 $ 30,044 $ 21,954 ( 1 On January 1, 2023 2016 13, 1. 2016 13. ( 2 three June 30, 2023 , the million negative provision for credit losses on the consolidated statement of income includes a $2.8 million negative provision for loan losses and a $7,000 negative provision for unfunded loan commitments. For the six June 30, 2023 , the million negative provision for credit losses on the consolidated statement of income includes a $2.3 million negative provision for loan losses and a $0.2 million negative provision for unfunded loan commitments. The following tables outline the activity in the allowance for credit losses by collateral type for the three six June 30, 2023 2022 , and show both the allowance and portfolio balances for loans individually and collectively evaluated for impairment as of June 30, 2023 2022 (dollars in thousands). Three months ended June 30, 2023 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 3,041 $ 8,650 $ 910 $ 30 $ 11,527 $ 6,125 $ 238 $ 30,521 Provision for credit losses on loans (65 ) 637 (44 ) (27 ) (2,410 ) (972 ) 48 (2,833 ) Charge-offs — (4 ) — — (26 ) (11 ) (84 ) (125 ) Recoveries 1 10 — — 2,130 327 13 2,481 Ending balance $ 2,977 $ 9,293 $ 866 $ 3 $ 11,221 $ 5,469 $ 215 $ 30,044 Three months ended June 30, 2022 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,408 $ 3,404 $ 590 $ 342 $ 9,669 $ 4,356 $ 319 $ 21,088 Provision for credit losses on loans 217 187 50 (29 ) (37 ) 493 60 941 Charge-offs — — — — — (83 ) (48 ) (131 ) Recoveries 5 32 — — 1 10 8 56 Ending balance $ 2,630 $ 3,623 $ 640 $ 313 $ 9,633 $ 4,776 $ 339 $ 21,954 Six months ended June 30, 2023 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,555 $ 3,917 $ 999 $ 113 $ 10,718 $ 5,743 $ 319 $ 24,364 ASU 2016-13 adoption impact (75 ) 4,712 (84 ) (99 ) 676 793 (58 ) 5,865 Provision for credit losses on loans 454 695 (49 ) (11 ) (2,380 ) (1,072 ) 86 (2,277 ) Charge-offs — (46 ) — — (26 ) (391 ) (172 ) (635 ) Recoveries 43 15 — — 2,233 396 40 2,727 Ending balance $ 2,977 $ 9,293 $ 866 $ 3 $ 11,221 $ 5,469 $ 215 $ 30,044 Ending allowance balance for loans individually evaluated for impairment 209 76 — — 41 18 33 377 Ending allowance balance for loans collectively evaluated for impairment 2,768 9,217 866 3 11,180 5,451 182 29,667 Loans receivable: Balance of loans individually evaluated for impairment 1,340 1,714 — — 2,443 1,402 95 6,994 Balance of loans collectively evaluated for impairment 196,510 412,666 80,424 8,434 969,770 398,086 11,979 2,077,869 Total period-end balance $ 197,850 $ 414,380 $ 80,424 $ 8,434 $ 972,213 $ 399,488 $ 12,074 $ 2,084,863 Six months ended June 30, 2022 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,347 $ 3,337 $ 673 $ 383 $ 9,354 $ 4,411 $ 354 $ 20,859 Provision for credit losses on loans 262 184 (33 ) (16 ) 219 (184 ) 60 492 Charge-offs — — — (54 ) 58 (369 ) (95 ) (460 ) Recoveries 21 102 — — 2 918 20 1,063 Ending balance $ 2,630 $ 3,623 $ 640 $ 313 $ 9,633 $ 4,776 $ 339 $ 21,954 Ending allowance balance for loans individually evaluated for impairment — — — — — 242 70 312 Ending allowance balance for loans acquired with deteriorated credit quality — — — 156 — — — 156 Ending allowance balance for loans collectively evaluated for impairment 2,630 3,623 640 157 9,633 4,534 269 21,486 Loans receivable: Balance of loans individually evaluated for impairment 498 780 — 66 11,402 5,147 160 18,053 Balance of loans acquired with deteriorated credit quality — 319 — 649 634 — 60 1,662 Balance of loans collectively evaluated for impairment 214,045 378,929 56,491 14,961 879,786 338,208 14,260 1,896,680 Total period-end balance $ 214,543 $ 380,028 $ 56,491 $ 15,676 $ 891,822 $ 343,355 $ 14,480 $ 1,916,395 Loan Modifications to Borrowers Experiencing Financial Difficulty In January 2023, 2022 02, 2022 02 January 1, 2023. 1. 2023. Occasionally, the Company modifies loans to borrowers in financial distress by providing certain concessions, such as principal forgiveness, term extension, an other-than-insignificant payment delay, an interest rate reduction, or a combination of such concessions. When three six June 30, 2023 , not The following disclosures are presented under GAAP in effect prior to the adoption of CECL that are no Pre-Adoption of CECL - Impaired Loans The Company considered a loan to be impaired when, based on current information and events, the Company determined that it was probable that it would not When the ultimate collectability of the total principal of an impaired loan was in doubt and the loan was on nonaccrual, all payments were applied to principal, under the cost recovery method. When the ultimate collectability of the total principal of an impaired loan was not The following table contains information on the Company’s impaired loans at December 31, 2022 ( December 31, 2022 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 366 $ 375 $ — 1-4 Family 1,005 1,082 — Farmland 62 70 — Commercial real estate 5,746 21,016 — Total mortgage loans on real estate 7,179 22,543 — Commercial and industrial 1,996 2,530 — Consumer 34 45 — Total 9,209 25,118 — With related allowance recorded: Construction and development 225 498 26 1-4 Family 474 484 46 Commercial real estate 190 190 36 Total mortgage loans on real estate 889 1,172 108 Commercial and industrial 245 292 112 Consumer 96 123 63 Total 1,230 1,587 283 Total loans: Construction and development 591 873 26 1-4 Family 1,479 1,566 46 Farmland 62 70 — Commercial real estate 5,936 21,206 36 Total mortgage loans on real estate 8,068 23,715 108 Commercial and industrial 2,241 2,822 112 Consumer 130 168 63 Total $ 10,439 $ 26,705 $ 283 Presented in the table 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 recorded investment is calculated based on the month-end balance of the loans during the period reported (dollars in thousands). Three months ended June 30, 2022 Six months ended June 30, 2022 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded: Construction and development $ 501 $ 4 $ 506 $ 8 1-4 Family 803 3 908 9 Farmland 69 — 72 — Commercial real estate 12,342 6 12,574 12 Total mortgage loans on real estate 13,715 13 14,060 29 Commercial and industrial 7,950 23 9,926 49 Consumer 62 — 64 — Total 21,727 36 24,050 78 With related allowance recorded: Commercial and industrial 437 — 462 — Consumer 99 — 102 — Total 536 — 564 — Total loans: Construction and development 501 4 506 8 1-4 Family 803 3 908 9 Farmland 69 — 72 — Commercial real estate 12,342 6 12,574 12 Total mortgage loans on real estate 13,715 13 14,060 29 Commercial and industrial 8,387 23 10,388 49 Consumer 161 — 166 — Total $ 22,263 $ 36 $ 24,614 $ 78 Pre-Adoption of CECL - Troubled Debt Restructurings In situations where, for economic or legal reasons related to a borrower’s financial difficulties, the Company granted a concession for other than an insignificant period of time to the borrower that the Company would not During the six June 30, 2022, three aturity. There were no loans modified as TDRs during the previous twelve six June 30, 2022. At December 31, 2022 , there wer e no vailable balances on loans classified as TDRs that the Company was committed to lend.

Note 5 - Borrowing Under Bank T

Note 5 - Borrowing Under Bank Term Funding Program	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	5. On March 12, 2023, one one At June 30, 2023 , outstanding borrowings under the BTFP were million secured by pledged securities with a remaining par value of $243.8 million .

Note 6 - Stockholders' Equity

Note 6 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Equity [Text Block]	6. EQUITY Accumulated Other Comprehensive (Loss) Income Activity within the balances in accumulated other comprehensive (loss) income Three months ended June 30, 2023 2022 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized loss, available for sale, net $ (38,475 ) $ (4,915 ) $ (43,390 ) $ (12,377 ) $ (14,621 ) $ (26,998 ) Reclassification of realized gain, available for sale, net (5,776 ) — (5,776 ) (5,777 ) — (5,777 ) Unrealized gain (loss), transfer from available for sale to held to maturity, net 1 — 1 2 (1 ) 1 Change in fair value of interest rate swaps designated as cash flow hedges, net 7,830 — 7,830 6,673 1,157 7,830 Reclassification of realized gain, interest rate swap termination, net (7,830 ) — (7,830 ) (4,092 ) (3,738 ) (7,830 ) Accumulated other comprehensive loss $ (44,250 ) $ (4,915 ) $ (49,165 ) $ (15,571 ) $ (17,203 ) $ (32,774 ) Six months ended June 30, 2023 2022 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized (loss) gain, available for sale, net $ (43,137 ) $ (253 ) $ (43,390 ) $ 4,882 $ (31,880 ) $ (26,998 ) Reclassification of realized (gain) loss, available for sale, net (5,777 ) 1 (5,776 ) (5,772 ) (5 ) (5,777 ) Unrealized gain (loss), transfer from available for sale to held to maturity, net 1 — 1 2 (1 ) 1 Change in fair value of interest rate swaps designated as cash flow hedges, net 7,830 — 7,830 3,501 4,329 7,830 Reclassification of realized gain, interest rate swap termination, net (7,830 ) — (7,830 ) (1,450 ) (6,380 ) (7,830 ) Accumulated other comprehensive (loss) income $ (48,913 ) $ (252 ) $ (49,165 ) $ 1,163 $ (33,937 ) $ (32,774 )

Note 7 - Derivative Financial I

Note 7 - Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	7. As part of its liability management, the Company has historically utilized 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 two June 30, 2023 and December 31, 2022 the Company had no current or forward starting interest rate swap agreements, other than interest rate swaps related to customer loans, described below. The interest rate swaps were determined to be fully effective during the periods presented, and therefore no amount of ineffectiveness has been included in net income. During the three six June 30, 2022, three six June 30, 2022. For the three six June 30, 2022, There were no assets or liabilities recorded in the accompanying consolidated balance sheets at June 30, 2023 or December 31, 2022 associated with the swap contracts, other than interest rate swaps related to customer loans, described below. 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 six June 30, 2023 and 2022 . A t June 30, 2023 the Company had notional amounts fsetting interest rate swap contracts with other financial institutions. The fair value of the swap contracts consisted of gross asset nd gross liabilities of rded in “Other assets” and “Accrued taxes and other liabilities”, respectively, in the accompanying consolidated balance sheet at June 30, 2023 .

Note 8 - Fair Values of Financi

Note 8 - Fair Values of Financial Instruments	6 Months Ended
	Jun. 30, 2023
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 The Company holds Small Business Investment Company qualified funds and other investment funds that do not 820, not June 30, 2023 and December 31, 2022 , the fair values of these investments were $3.2 million and $2.8 million, respectively, and are included in “Other assets” in the accompanying consolidated balance sheets. 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 June 30, 2023 and December 31, 2022 , the majority of our level 3 3 may Loans 3 Loans held for sale are measured using quoted market prices when available. If quoted market prices are not may 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 – The fair value for interest rate swap agreements is based upon the amounts required to settle the contracts. 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). Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2023 Assets: Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 27,295 $ — $ 27,295 $ — Obligations of state and political subdivisions 17,635 — 12,387 5,248 Corporate bonds 29,436 — 28,995 441 Residential mortgage-backed securities 242,269 — 242,269 — Commercial mortgage-backed securities 72,948 — 72,948 — Equity securities 1,134 1,134 — — Interest rate swaps - gross assets 19,309 — 19,309 — Total assets $ 410,026 $ 1,134 $ 403,203 $ 5,689 Liabilities: Interest rate swaps - gross liabilities $ 19,309 $ — $ 19,309 $ — December 31, 2022 Assets: Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 29,805 $ — $ 29,805 $ — Obligations of state and political subdivisions 18,378 — 12,413 5,965 Corporate bonds 29,942 — 29,463 479 Residential mortgage-backed securities 251,851 — 251,851 — Commercial mortgage-backed securities 75,191 — 75,191 — Equity securities 1,245 1,245 — — Total assets $ 406,412 $ 1,245 $ 398,723 $ 6,444 Equity securities balances in the table above do not 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 six June 30, 2023 2022 (dollars in thousands). Obligations of State and Political Subdivisions Corporate Bonds Balance at December 31, 2022 $ 5,965 $ 479 Realized gains (losses) included in earnings — — Unrealized losses included in other comprehensive loss (691 ) (38 ) Purchases — — Sales — — Maturities, prepayments, and calls (26 ) — Transfers into level 3 — — Transfers out of level 3 — — Balance at June 30, 2023 $ 5,248 $ 441 Obligations of State and Political Subdivisions Corporate Bonds Balance at December 31, 2021 $ 22,114 $ 488 Realized gains (losses) included in earnings — — Unrealized losses included in other comprehensive loss (1,200 ) (2 ) Purchases — — Sales — — Maturities, prepayments, and calls (4,840 ) — Transfers into level 3 — — Transfers out of level 3 (9,835 ) — Balance at June 30, 2022 $ 6,239 $ 486 There were no liabilities measured at fair value on a recurring basis using level 3 June 30, 2023 and December 31, 2022 . For the six June 30, 2023 2022 , there were no gains or losses included in earnings related to the change in fair value of the assets measured on a recurring basis using significant unobservable inputs held at the end of the period. The following table provides quantitative information about significant unobservable inputs used in fair value measurements of level 3 June 30, 2023 and December 31, 2022 (dollars in thousands). Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts June 30, 2023 Obligations of state and political subdivisions $ 5,248 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 0% - 11% Corporate bonds 441 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 12% December 31, 2022 Obligations of state and political subdivisions $ 5,965 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 0% - 12% Corporate bonds 479 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 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 June 30, 2023 and December 31, 2022 . There were no liabilities measured June 30, 2023 or December 31, 2022 (dollars in thousands). Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discount June 30, 2023 Loans individually evaluated for impairment $ 615 Discounted cash flows; underlying collateral value Collateral discounts and estimated costs to sell 7% - 100% 36% December 31, 2022 Impaired loans $ 4,033 Discounted cash flows; underlying collateral value Collateral discounts and estimated costs to sell 4% - 100% 53% The estimated fair values of the Company’s financial instruments are summarized in the table below as of the dates indicated (dollars in thousands). June 30, 2023 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 65,779 $ 65,779 $ 65,779 $ — $ — Federal funds sold 128 128 128 — — Investment securities 407,395 407,496 — 386,190 21,306 Equity securities 14,938 14,938 1,134 13,804 — Loans, net of allowance 2,054,819 1,920,383 — — 1,920,383 Interest rate swaps - gross assets 19,309 19,309 — 19,309 — Financial liabilities: Deposits, noninterest-bearing $ 488,311 $ 488,311 $ — $ 488,311 $ — Deposits, interest-bearing 1,692,542 1,590,158 — — 1,590,158 Borrowings under BTFP and repurchase agreements 240,983 240,983 — 240,983 — FHLB long-term advances 23,500 22,492 — — 22,492 Junior subordinated debt 8,574 8,574 — — 8,574 Subordinated debt 45,000 43,489 — 43,489 — Interest rate swaps - gross liabilities 19,309 19,309 — 19,309 — December 31, 2022 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 40,066 $ 40,066 $ 40,066 $ — $ — Federal funds sold 193 193 193 — — Investment securities 413,472 413,089 — 401,233 11,856 Equity securities 27,254 27,254 1,245 26,009 — Loans, net of allowance 2,080,403 1,997,287 — — 1,997,287 Financial liabilities: Deposits, noninterest-bearing $ 580,741 $ 580,741 $ — $ 580,741 $ — Deposits, interest-bearing 1,501,624 1,314,407 — — 1,314,407 FHLB short-term advances 333,500 333,500 — 333,500 — FHLB long-term advances 53,500 52,147 — — 52,147 Junior subordinated debt 8,515 8,515 — — 8,515 Subordinated debt 45,000 42,980 — 42,980 —

Note 9 - Income Taxes

Note 9 - Income Taxes	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. The income tax expense 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 June 30, Six months ended June 30, 2023 2022 2023 2022 Income tax expense $ 1,509 $ 2,459 $ 2,383 $ 5,059 Effective tax rate 18.7 % 20.7 % 18.7 % 20.6 % For the three six June 30, 2023 2022 , the effective tax rate differs from the statutory tax rate of 21% primarily du .

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
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 million and million at June 30, 2023 and December 31, 2022 , respectively, and is included in “Accrued taxes and other liabilities” in the accompanying consolidated balance sheets. 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). June 30, 2023 December 31, 2022 Loan commitments $ 336,427 $ 333,040 Standby letters of credit 14,795 11,379 Additionally, at June 30, 2023 , the Company had unfunded commitments of million for its investments in Small Business Investment Company qualified funds and other investment funds. INVESTAR HOLDING CORPORATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

Note 11 - Leases

Note 11 - Leases	6 Months Ended
	Jun. 30, 2023
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 lease agreements under which its branch locations are operated 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 accompanying consolidated balance sheets. Operating lease ROU assets represent the right to use an underlying asset for the lease term and operating 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 six June 30, 2023 and 2022 (dollars in thousands). June 30, 2023 2022 Total operating lease cost $ 228 $ 305 Weighted-average remaining lease term (in years) 7.5 7.4 Weighted-average discount rate 3.1 % 2.9 % At June 30, 2023 , the Company’s operating lease ROU assets and related liabilities were $2.2 million and $2.3 million, respectively, and have remaining terms ranging from less than 1 year to 8 years, including extension options if the Company is reasonably certain they will be exercised. Future minimum lease payments due under non-cancelable operating leases at June 30, 2023 are presented below (dollars in thousands). Remainder of 2023 $ 199 2024 325 2025 336 2026 339 2027 341 Thereafter 1,012 Total $ 2,552 At June 30, 2023 , the Company had not not The Bank owns its corporate headquarters building, the first three six June 30, 2023 2022 , respectively. On January 27, 2023,

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
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 six June 30, 2023 are not may December 31, 2022 , including the notes thereto, which were included as part of the Company’s Annual Report on Form 10 March 8, 2023.
Nature of Operations Policy [Policy Text Block]	Nature of Operations The Company is a financial holding company, headquartered in Baton Rouge, Louisiana that 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, professionals and small to medium-sized businesses. The Company’s primary markets are in south Louisiana, southeast Texas and Alabama. At June 30, 2023 , the Company operated 20 full service branches located in Louisiana, two six
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 credit losses. While management uses available information to recognize credit losses on loans, future additions to the allowance may 2023,” 2016 13 January 1, 2023, may may Other estimates that are susceptible to significant change in the near term relate to the allowance for off-balance sheet credit losses, the fair value of stock-based compensation awards, the determination of other-than-temporary impairments of securities, and the fair value of financial instruments and goodwill. Rapidly changing inflation rates and rising interest rates have made certain estimates more challenging, including those discussed above.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain reclassifications have been made to prior period balances to conform to the current period presentation.
New Accounting Pronouncements, Policy [Policy Text Block]	Accounting Standards Adopted in 2023 FASB ASC Topic 326 Financial Instruments Credit Losses: Measurement of Credit Losses on Financial Instruments Update No. 2016 13 ASU 2016 13 ) . 2016 13 January 1, 2023. 2016 13, CECL requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts and requires enhanced disclosures related to the significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. The CECL methodology requires that lifetime expected credit losses be recorded at the time the financial asset is originated or acquired and be adjusted each period as a provision for credit losses for changes in expected lifetime credit losses. Under prior GAAP, credit losses were not not ASU 2016 13 not The Company developed a CECL model methodology that calculates expected credit losses over the life of the portfolio by analyzing the composition, characteristics and quality of the loan and securities portfolios, as well as prevailing economic conditions and forecasts. The Company’s CECL calculation estimates loan losses using a combination of discounted cash flow and remaining life analyses. To the extent the lives of the loans in the portfolio extend beyond the period for which a reasonable and supportable forecast can be made, when necessary, the model reverts back to the historical loss rates adjusted for qualitative factors related to current conditions using a four 2016 13 December 31, 2022 2016 13 while prior period amounts continue to be reported in accordance with previously applicable GAAP. ASU 2016 13 ASC 310 30, “Loans and Debt Securities Acquired with Deteriorated Credit Quality” 310 30” 2016 13, not The Company adopted ASU 2016 13 January 1, 2023, one December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (24,364 ) $ (5,865 ) $ (30,229 ) Deferred tax asset 16,438 1,142 17,580 Remaining purchase discount on loans (1) (818 ) 422 (396 ) Liabilities: Reserve for unfunded loan commitments (2) 372 (6 ) 366 Stockholders’ Equity Retained earnings 108,206 (4,295 ) 103,911 ( 1 January 1, 2023. ( 2 three six June 30, 2023 . In addition, ASU 2016 13 not not not not not he Company s AFS and HTM securities portfolios were not 2016 13 he Company determined that the declines in the fair values of the HTM and AFS securities portfolio were not 2016 13 no 2016 13 not The allowance for credit losses is measured on a pool basis when similar risk characteristics exist and is maintained at an amount which management believes is a current estimate of the expected credit losses for the full life of the relevant pool of loans and related unfunded lending commitments. For modeling purposes, loan pools include: agriculture and farmland, automotive, commercial and industrial, construction and development, commercial real estate - non-owner occupied and multifamily, commercial real estate - owner occupied, credit cards, home equity lines of credit and junior liens, consumer, residential senior liens, and other loans, which primarily consist of public finance. Management periodically reassesses each pool to confirm the loans within the pool continue to share similar characteristics and risk profiles and to determine whether further segmentation is necessary. The loss rates computed for each pool and expected pool-level funding rates are applied to the related unfunded lending commitments to calculate an allowance for credit losses. Loans that do not not FASB ASC Topic 326 “ Financial Instruments – Credit Losses, Troubled Debt Restructurings and Vintage Disclosures ” Update No. 2022 02 2022 02” ). ASU 2022 02 January 1, 2023 2022 02 326 2016 13 2022 02 not FASB ASC Topic 848 “ Reference Rate Reform: Facilitation of the Effects of Reference Rate Reform on Financial Reporting ” Update No. 2020 04 “ ASU 2020 04 ” ) and FASB ASC Topic 848 “ Reference Rate Reform: Deferral of the Sunset Date ” Update No. 2022 06 “ ASU 2022 06 ” ) . In March 2020, 2020 04, 2020 04 March 12, 2020 January 1, 2020 December 31, 2022. December 2022, 2022 06, 2020 04 December 31, 2022 December 31, 2024. The Company implemented a plan to transition all loans and other financial instruments, including certain indebtedness, with attributes that are either directly or indirectly influenced by LIBOR to its preferred replacement index, the Secured Overnight Financing Rate (“SOFR”). As of June 30, 2023, 2022 06 not

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Accounting Standards Update and Change in Accounting Principle [Table Text Block]	December 31, 2022 Impact of ASU 2016-13 Adoption January 1, 2023 Assets: Allowance for credit losses $ (24,364 ) $ (5,865 ) $ (30,229 ) Deferred tax asset 16,438 1,142 17,580 Remaining purchase discount on loans (1) (818 ) 422 (396 ) Liabilities: Reserve for unfunded loan commitments (2) 372 (6 ) 366 Stockholders’ Equity Retained earnings 108,206 (4,295 ) 103,911

Note 2 - Earnings Per Share (Ta

Note 2 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Earnings per common share - basic Net income $ 6,547 $ 9,404 $ 10,359 $ 19,507 Less: income allocated to participating securities — (7 ) (2 ) (23 ) Net income allocated to common shareholders 6,547 9,397 10,357 19,484 Weighted average basic shares outstanding 9,880,721 10,149,246 9,894,748 10,241,776 Basic earnings per common share $ 0.67 $ 0.92 $ 1.05 $ 1.90 Earnings per common share - diluted Net income allocated to common shareholders $ 6,547 $ 9,397 $ 10,357 $ 19,484 Weighted average basic shares outstanding 9,880,721 10,149,246 9,894,748 10,241,776 Dilutive effect of securities 664 84,293 16,120 70,958 Total weighted average diluted shares outstanding 9,881,385 10,233,539 9,910,868 10,312,734 Diluted earnings per common share $ 0.67 $ 0.92 $ 1.05 $ 1.89
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Stock options — — 8,318 — Restricted stock awards — 87 — 13 Restricted stock units 113,897 3,176 79,050 45,653

Note 3 - Investment Securities

Note 3 - Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]	Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value June 30, 2023 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 27,889 $ 131 $ (725 ) $ 27,295 Obligations of state and political subdivisions 19,949 11 (2,325 ) 17,635 Corporate bonds 33,740 — (4,304 ) 29,436 Residential mortgage-backed securities 288,658 3 (46,392 ) 242,269 Commercial mortgage-backed securities 81,817 188 (9,057 ) 72,948 Total $ 452,053 $ 333 $ (62,803 ) $ 389,583 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2022 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 30,370 $ 134 $ (699 ) $ 29,805 Obligations of state and political subdivisions 21,098 7 (2,727 ) 18,378 Corporate bonds 33,477 — (3,535 ) 29,942 Residential mortgage-backed securities 298,867 10 (47,026 ) 251,851 Commercial mortgage-backed securities 83,504 179 (8,492 ) 75,191 Total $ 467,316 $ 330 $ (62,479 ) $ 405,167
Debt Securities, Available-for-Sale [Table Text Block]	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Proceeds from sales $ — $ — $ 2,364 $ — Gross gains $ — $ — $ 1 $ — Gross losses $ — $ — $ (2 ) $ —
Debt Securities, Held-to-Maturity [Table Text Block]	Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value June 30, 2023 Obligations of state and political subdivisions $ 15,282 $ 397 $ (62 ) $ 15,617 Residential mortgage-backed securities 2,530 — (234 ) 2,296 Total $ 17,812 $ 397 $ (296 ) $ 17,913 Gross Gross Unrealized Unrealized Fair Amortized Cost Gains Losses Value December 31, 2022 Obligations of state and political subdivisions $ 5,538 $ 1 $ (127 ) $ 5,412 Residential mortgage-backed securities 2,767 — (257 ) 2,510 Total $ 8,305 $ 1 $ (384 ) $ 7,922
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 Fair Value Losses Fair Value Losses Fair Value Losses June 30, 2023 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 9,889 $ (283 ) $ 5,523 $ (442 ) $ 15,412 $ (725 ) Obligations of state and political subdivisions 2,969 (74 ) 14,502 (2,251 ) 17,471 (2,325 ) Corporate bonds 5,297 (468 ) 23,889 (3,836 ) 29,186 (4,304 ) Residential mortgage-backed securities 28,212 (1,917 ) 213,521 (44,475 ) 241,733 (46,392 ) Commercial mortgage-backed securities 11,851 (880 ) 44,383 (8,177 ) 56,234 (9,057 ) Total $ 58,218 $ (3,622 ) $ 301,818 $ (59,181 ) $ 360,036 $ (62,803 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2022 Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 16,017 $ (688 ) $ 1,013 $ (11 ) $ 17,030 $ (699 ) Obligations of state and political subdivisions 13,695 (1,427 ) 4,524 (1,300 ) 18,219 (2,727 ) Corporate bonds 19,606 (1,170 ) 10,085 (2,365 ) 29,691 (3,535 ) Residential mortgage-backed securities 134,419 (18,122 ) 116,132 (28,904 ) 250,551 (47,026 ) Commercial mortgage-backed securities 27,181 (2,632 ) 32,432 (5,860 ) 59,613 (8,492 ) Total $ 210,918 $ (24,039 ) $ 164,186 $ (38,440 ) $ 375,104 $ (62,479 )
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Fair Value [Table Text Block]	Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses June 30, 2023 Obligations of state and political subdivisions $ 3,345 $ (62 ) $ — $ — $ 3,345 $ (62 ) Residential mortgage-backed securities 50 (3 ) 2,245 (231 ) 2,295 (234 ) Total $ 3,395 $ (65 ) $ 2,245 $ (231 ) $ 5,640 $ (296 ) Less than 12 Months 12 Months or More Total Unrealized Unrealized Unrealized Fair Value Losses Fair Value Losses Fair Value Losses December 31, 2022 Obligations of state and political subdivisions $ 3,536 $ (127 ) $ — $ — $ 3,536 $ (127 ) Residential mortgage-backed securities 2,510 (257 ) — — 2,510 (257 ) Total $ 6,046 $ (384 ) $ — $ — $ 6,046 $ (384 )
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 June 30, 2023 Due within one year $ 3,673 $ 3,611 $ 915 $ 916 Due after one year through five years 34,748 33,302 960 961 Due after five years through ten years 48,078 43,808 3,407 3,345 Due after ten years 365,554 308,862 12,530 12,691 Total debt securities $ 452,053 $ 389,583 $ 17,812 $ 17,913 Securities Available For Sale Securities Held To Maturity Amortized Fair Amortized Fair Cost Value Cost Value December 31, 2022 Due within one year $ 1,082 $ 1,072 $ 915 $ 915 Due after one year through five years 32,452 31,394 960 961 Due after five years through ten years 52,093 48,229 3,663 3,536 Due after ten years 381,689 324,472 2,767 2,510 Total debt securities $ 467,316 $ 405,167 $ 8,305 $ 7,922

Note 4 - Loans and Allowance _2

Note 4 - Loans and Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2023 December 31, 2022 Construction and development $ 197,850 $ 201,633 1-4 Family 414,380 401,377 Multifamily 80,424 81,812 Farmland 8,434 12,877 Commercial real estate 972,213 958,243 Total mortgage loans on real estate 1,673,301 1,655,942 Commercial and industrial 399,488 435,093 Consumer 12,074 13,732 Total loans $ 2,084,863 $ 2,104,767
Financing Receivable, Past Due [Table Text Block]	June 30, 2023 Current 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total > 90 Days and Accruing Construction and development $ 195,858 $ 713 $ 1,138 $ 141 $ 197,850 $ — 1-4 Family 412,427 546 614 793 414,380 — Multifamily 79,998 — 426 — 80,424 — Farmland 8,434 — — — 8,434 — Commercial real estate 970,285 186 229 1,513 972,213 — Total mortgage loans on real estate 1,667,002 1,445 2,407 2,447 1,673,301 — Commercial and industrial 397,688 399 — 1,401 399,488 — Consumer 11,913 64 22 75 12,074 — Total loans $ 2,076,603 $ 1,908 $ 2,429 $ 3,923 $ 2,084,863 $ — December 31, 2022 Accruing Current 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Nonaccrual Total Past Due & Nonaccrual Acquired Impaired Loans Total Loans Construction and development $ 201,048 $ 101 $ — $ 112 $ 372 $ 585 $ — $ 201,633 1-4 Family 394,846 2,614 1,220 1,188 1,207 6,229 302 401,377 Multifamily 81,812 — — — — — — 81,812 Farmland 12,601 152 62 — 62 276 — 12,877 Commercial real estate 951,908 181 22 — 5,523 5,726 609 958,243 Total mortgage loans on real estate 1,642,215 3,048 1,304 1,300 7,164 12,816 911 1,655,942 Commercial and industrial 432,438 406 15 51 2,183 2,655 — 435,093 Consumer 13,347 171 27 — 130 328 57 13,732 Total loans $ 2,088,000 $ 3,625 $ 1,346 $ 1,351 $ 9,477 $ 15,799 $ 968 $ 2,104,767
Financing Receivable, Nonaccrual [Table Text Block]	June 30, 2023 December 31, 2022 (1) Nonaccrual with No Allowance for Credit Loss Nonaccrual with an Allowance for Credit Loss Total Nonaccrual Loans Total Nonaccrual Loans Construction and development $ 941 $ 399 $ 1,340 $ 372 1-4 Family 1,195 519 1,714 1,207 Multifamily — — — — Farmland — — — 62 Commercial real estate 2,391 52 2,443 6,032 Total mortgage loans on real estate 4,527 970 5,497 7,673 Commercial and industrial 1,343 59 1,402 2,183 Consumer 35 60 95 130 Total loans $ 5,905 $ 1,089 $ 6,994 $ 9,986
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans Converted to Term Loans Total Construction and development Pass $ 4,167 $ 7,572 $ 8,557 $ 3,871 $ 1,296 $ 4,445 $ 164,745 $ 379 $ 195,032 Special Mention — — 780 — — — 570 — 1,350 Substandard — 51 141 — — 77 800 — 1,069 Doubtful — — 147 — — — 252 — 399 Total construction and development $ 4,167 $ 7,623 $ 9,625 $ 3,871 $ 1,296 $ 4,522 $ 166,367 $ 379 $ 197,850 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — 1-4 Family Pass $ 29,570 $ 97,214 $ 82,166 $ 60,148 $ 29,666 $ 64,868 $ 41,093 $ 5,772 $ 410,497 Special Mention 568 — 487 — — 180 — — 1,235 Substandard — 216 256 — 288 1,784 104 — 2,648 Total 1-4 family $ 30,138 $ 97,430 $ 82,909 $ 60,148 $ 29,954 $ 66,832 $ 41,197 $ 5,772 $ 414,380 Current-period gross charge-offs $ (22 ) $ — $ — $ — $ (21 ) $ (3 ) $ — $ — $ (46 ) Multifamily Pass $ 3,937 $ 44,861 $ 13,116 $ 4,474 $ 637 $ 7,508 $ 4,749 $ 716 $ 79,998 Special Mention — — — — — — — — — Substandard — — — — — 426 — — 426 Total multifamily $ 3,937 $ 44,861 $ 13,116 $ 4,474 $ 637 $ 7,934 $ 4,749 $ 716 $ 80,424 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Farmland Pass $ 955 $ 1,473 $ 744 $ 1,123 $ 1,178 $ 1,582 $ 1,302 $ — $ 8,357 Special Mention — — — — — — — — — Substandard — — — — — 77 — 77 Total farmland $ 955 $ 1,473 $ 744 $ 1,123 $ 1,178 $ 1,659 $ 1,302 $ — $ 8,434 Current-period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — $ — Commercial real estate Pass $ 49,762 $ 241,973 $ 215,210 $ 180,768 $ 86,338 $ 120,277 $ 21,496 $ 46,026 $ 961,850 Special Mention — — 2,368 — — 71 — — 2,439 Substandard 486 — — 900 393 5,338 807 — 7,924 Total commercial real estate $ 50,248 $ 241,973 $ 217,578 $ 181,668 $ 86,731 $ 125,686 $ 22,303 $ 46,026 $ 972,213 Current-period gross charge-offs $ — $ — $ — $ — $ (1 ) $ (25 ) $ — $ — $ (26 ) Commercial and industrial Pass $ 26,511 $ 148,131 $ 36,304 $ 16,242 $ 8,688 $ 16,141 $ 139,111 $ 1,357 $ 392,485 Special Mention — — 358 — — — 4,745 — 5,103 Substandard — 133 162 210 1,122 106 167 — 1,900 Total commercial and industrial $ 26,511 $ 148,264 $ 36,824 $ 16,452 $ 9,810 $ 16,247 $ 144,023 $ 1,357 $ 399,488 Current-period gross charge-offs $ — $ — $ (190 ) $ — $ (7 ) $ — $ (194 ) $ — $ (391 ) Consumer Pass $ 2,600 $ 3,363 $ 2,093 $ 1,092 $ 444 $ 1,534 $ 819 $ — $ 11,945 Special Mention — — — — — — — — — Substandard — 8 2 19 8 91 1 — 129 Total consumer $ 2,600 $ 3,371 $ 2,095 $ 1,111 $ 452 $ 1,625 $ 820 $ — $ 12,074 Current-period gross charge-offs $ (74 ) $ (15 ) $ (10 ) $ (10 ) $ (5 ) $ (46 ) $ (12 ) $ — $ (172 ) Total loans Pass $ 117,502 $ 544,587 $ 358,190 $ 267,718 $ 128,247 $ 216,355 $ 373,315 $ 54,250 $ 2,060,164 Special Mention 568 — 3,993 — — 251 5,315 — 10,127 Substandard 486 408 561 1,129 1,811 7,899 1,879 — 14,173 Doubtful — — 147 — — — 252 — 399 Total loans $ 118,556 $ 544,995 $ 362,891 $ 268,847 $ 130,058 $ 224,505 $ 380,761 $ 54,250 $ 2,084,863 Current-period gross charge-offs $ (96 ) $ (15 ) $ (200 ) $ (10 ) $ (34 ) $ (74 ) $ (206 ) $ — $ (635 ) December 31, 2022 Special Pass Mention Substandard Doubtful Total Construction and development $ 198,967 $ 1,593 $ 1,073 $ — $ 201,633 1-4 Family 399,143 — 2,234 — 401,377 Multifamily 81,812 — — — 81,812 Farmland 12,815 — 62 — 12,877 Commercial real estate 942,927 6,101 9,215 — 958,243 Total mortgage loans on real estate 1,635,664 7,694 12,584 — 1,655,942 Commercial and industrial 427,430 5,140 2,336 187 435,093 Consumer 13,636 — 96 — 13,732 Total loans $ 2,076,730 $ 12,834 $ 15,016 $ 187 $ 2,104,767
Schedule of Related Party Transactions [Table Text Block]	June 30, 2023 December 31, 2022 Balance, beginning of period $ 96,977 $ 97,606 New loans/changes in relationship 2,176 14,570 Repayments/changes in relationship (48,826 ) (15,199 ) Balance, end of period $ 50,327 $ 96,977
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Balance, beginning of period $ 30,521 $ 21,088 $ 24,364 $ 20,859 ASU 2016-13 adoption impact (1) — — 5,865 — Provision for credit losses on loans (2) (2,833 ) 941 (2,277 ) 492 Charge-offs (125 ) (131 ) (635 ) (460 ) Recoveries 2,481 56 2,727 1,063 Balance, end of period $ 30,044 $ 21,954 $ 30,044 $ 21,954 Three months ended June 30, 2023 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 3,041 $ 8,650 $ 910 $ 30 $ 11,527 $ 6,125 $ 238 $ 30,521 Provision for credit losses on loans (65 ) 637 (44 ) (27 ) (2,410 ) (972 ) 48 (2,833 ) Charge-offs — (4 ) — — (26 ) (11 ) (84 ) (125 ) Recoveries 1 10 — — 2,130 327 13 2,481 Ending balance $ 2,977 $ 9,293 $ 866 $ 3 $ 11,221 $ 5,469 $ 215 $ 30,044 Three months ended June 30, 2022 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,408 $ 3,404 $ 590 $ 342 $ 9,669 $ 4,356 $ 319 $ 21,088 Provision for credit losses on loans 217 187 50 (29 ) (37 ) 493 60 941 Charge-offs — — — — — (83 ) (48 ) (131 ) Recoveries 5 32 — — 1 10 8 56 Ending balance $ 2,630 $ 3,623 $ 640 $ 313 $ 9,633 $ 4,776 $ 339 $ 21,954 Six months ended June 30, 2023 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,555 $ 3,917 $ 999 $ 113 $ 10,718 $ 5,743 $ 319 $ 24,364 ASU 2016-13 adoption impact (75 ) 4,712 (84 ) (99 ) 676 793 (58 ) 5,865 Provision for credit losses on loans 454 695 (49 ) (11 ) (2,380 ) (1,072 ) 86 (2,277 ) Charge-offs — (46 ) — — (26 ) (391 ) (172 ) (635 ) Recoveries 43 15 — — 2,233 396 40 2,727 Ending balance $ 2,977 $ 9,293 $ 866 $ 3 $ 11,221 $ 5,469 $ 215 $ 30,044 Ending allowance balance for loans individually evaluated for impairment 209 76 — — 41 18 33 377 Ending allowance balance for loans collectively evaluated for impairment 2,768 9,217 866 3 11,180 5,451 182 29,667 Loans receivable: Balance of loans individually evaluated for impairment 1,340 1,714 — — 2,443 1,402 95 6,994 Balance of loans collectively evaluated for impairment 196,510 412,666 80,424 8,434 969,770 398,086 11,979 2,077,869 Total period-end balance $ 197,850 $ 414,380 $ 80,424 $ 8,434 $ 972,213 $ 399,488 $ 12,074 $ 2,084,863 Six months ended June 30, 2022 Construction & Development 1-4 Family Multifamily Farmland Commercial Real Estate Commercial & Industrial Consumer Total Allowance for credit losses: Beginning balance $ 2,347 $ 3,337 $ 673 $ 383 $ 9,354 $ 4,411 $ 354 $ 20,859 Provision for credit losses on loans 262 184 (33 ) (16 ) 219 (184 ) 60 492 Charge-offs — — — (54 ) 58 (369 ) (95 ) (460 ) Recoveries 21 102 — — 2 918 20 1,063 Ending balance $ 2,630 $ 3,623 $ 640 $ 313 $ 9,633 $ 4,776 $ 339 $ 21,954 Ending allowance balance for loans individually evaluated for impairment — — — — — 242 70 312 Ending allowance balance for loans acquired with deteriorated credit quality — — — 156 — — — 156 Ending allowance balance for loans collectively evaluated for impairment 2,630 3,623 640 157 9,633 4,534 269 21,486 Loans receivable: Balance of loans individually evaluated for impairment 498 780 — 66 11,402 5,147 160 18,053 Balance of loans acquired with deteriorated credit quality — 319 — 649 634 — 60 1,662 Balance of loans collectively evaluated for impairment 214,045 378,929 56,491 14,961 879,786 338,208 14,260 1,896,680 Total period-end balance $ 214,543 $ 380,028 $ 56,491 $ 15,676 $ 891,822 $ 343,355 $ 14,480 $ 1,916,395
Impaired Financing Receivables [Table Text Block]	December 31, 2022 Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: Construction and development $ 366 $ 375 $ — 1-4 Family 1,005 1,082 — Farmland 62 70 — Commercial real estate 5,746 21,016 — Total mortgage loans on real estate 7,179 22,543 — Commercial and industrial 1,996 2,530 — Consumer 34 45 — Total 9,209 25,118 — With related allowance recorded: Construction and development 225 498 26 1-4 Family 474 484 46 Commercial real estate 190 190 36 Total mortgage loans on real estate 889 1,172 108 Commercial and industrial 245 292 112 Consumer 96 123 63 Total 1,230 1,587 283 Total loans: Construction and development 591 873 26 1-4 Family 1,479 1,566 46 Farmland 62 70 — Commercial real estate 5,936 21,206 36 Total mortgage loans on real estate 8,068 23,715 108 Commercial and industrial 2,241 2,822 112 Consumer 130 168 63 Total $ 10,439 $ 26,705 $ 283
Schedule of Average Recorded Investment and Interest Income Recognized For Troubled Debt Restructurings [Table Text Block	Three months ended June 30, 2022 Six months ended June 30, 2022 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized With no related allowance recorded: Construction and development $ 501 $ 4 $ 506 $ 8 1-4 Family 803 3 908 9 Farmland 69 — 72 — Commercial real estate 12,342 6 12,574 12 Total mortgage loans on real estate 13,715 13 14,060 29 Commercial and industrial 7,950 23 9,926 49 Consumer 62 — 64 — Total 21,727 36 24,050 78 With related allowance recorded: Commercial and industrial 437 — 462 — Consumer 99 — 102 — Total 536 — 564 — Total loans: Construction and development 501 4 506 8 1-4 Family 803 3 908 9 Farmland 69 — 72 — Commercial real estate 12,342 6 12,574 12 Total mortgage loans on real estate 13,715 13 14,060 29 Commercial and industrial 8,387 23 10,388 49 Consumer 161 — 166 — Total $ 22,263 $ 36 $ 24,614 $ 78

Note 6 - Stockholders' Equity (

Note 6 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three months ended June 30, 2023 2022 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized loss, available for sale, net $ (38,475 ) $ (4,915 ) $ (43,390 ) $ (12,377 ) $ (14,621 ) $ (26,998 ) Reclassification of realized gain, available for sale, net (5,776 ) — (5,776 ) (5,777 ) — (5,777 ) Unrealized gain (loss), transfer from available for sale to held to maturity, net 1 — 1 2 (1 ) 1 Change in fair value of interest rate swaps designated as cash flow hedges, net 7,830 — 7,830 6,673 1,157 7,830 Reclassification of realized gain, interest rate swap termination, net (7,830 ) — (7,830 ) (4,092 ) (3,738 ) (7,830 ) Accumulated other comprehensive loss $ (44,250 ) $ (4,915 ) $ (49,165 ) $ (15,571 ) $ (17,203 ) $ (32,774 ) Six months ended June 30, 2023 2022 Beginning of Period Net Change End of Period Beginning of Period Net Change End of Period Unrealized (loss) gain, available for sale, net $ (43,137 ) $ (253 ) $ (43,390 ) $ 4,882 $ (31,880 ) $ (26,998 ) Reclassification of realized (gain) loss, available for sale, net (5,777 ) 1 (5,776 ) (5,772 ) (5 ) (5,777 ) Unrealized gain (loss), transfer from available for sale to held to maturity, net 1 — 1 2 (1 ) 1 Change in fair value of interest rate swaps designated as cash flow hedges, net 7,830 — 7,830 3,501 4,329 7,830 Reclassification of realized gain, interest rate swap termination, net (7,830 ) — (7,830 ) (1,450 ) (6,380 ) (7,830 ) Accumulated other comprehensive (loss) income $ (48,913 ) $ (252 ) $ (49,165 ) $ 1,163 $ (33,937 ) $ (32,774 )

Note 8 - Fair Values of Finan_2

Note 8 - Fair Values of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Estimated Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Fair Value (Level 1) (Level 2) (Level 3) June 30, 2023 Assets: Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 27,295 $ — $ 27,295 $ — Obligations of state and political subdivisions 17,635 — 12,387 5,248 Corporate bonds 29,436 — 28,995 441 Residential mortgage-backed securities 242,269 — 242,269 — Commercial mortgage-backed securities 72,948 — 72,948 — Equity securities 1,134 1,134 — — Interest rate swaps - gross assets 19,309 — 19,309 — Total assets $ 410,026 $ 1,134 $ 403,203 $ 5,689 Liabilities: Interest rate swaps - gross liabilities $ 19,309 $ — $ 19,309 $ — December 31, 2022 Assets: Obligations of the U.S. Treasury and U.S. government agencies and corporations $ 29,805 $ — $ 29,805 $ — Obligations of state and political subdivisions 18,378 — 12,413 5,965 Corporate bonds 29,942 — 29,463 479 Residential mortgage-backed securities 251,851 — 251,851 — Commercial mortgage-backed securities 75,191 — 75,191 — Equity securities 1,245 1,245 — — Total assets $ 406,412 $ 1,245 $ 398,723 $ 6,444
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Obligations of State and Political Subdivisions Corporate Bonds Balance at December 31, 2022 $ 5,965 $ 479 Realized gains (losses) included in earnings — — Unrealized losses included in other comprehensive loss (691 ) (38 ) Purchases — — Sales — — Maturities, prepayments, and calls (26 ) — Transfers into level 3 — — Transfers out of level 3 — — Balance at June 30, 2023 $ 5,248 $ 441 Obligations of State and Political Subdivisions Corporate Bonds Balance at December 31, 2021 $ 22,114 $ 488 Realized gains (losses) included in earnings — — Unrealized losses included in other comprehensive loss (1,200 ) (2 ) Purchases — — Sales — — Maturities, prepayments, and calls (4,840 ) — Transfers into level 3 — — Transfers out of level 3 (9,835 ) — Balance at June 30, 2022 $ 6,239 $ 486
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts June 30, 2023 Obligations of state and political subdivisions $ 5,248 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 0% - 11% Corporate bonds 441 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 12% December 31, 2022 Obligations of state and political subdivisions $ 5,965 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 0% - 12% Corporate bonds 479 Option-adjusted discounted cash flow model; present value of expected future cash flow model Bond appraisal adjustment (1) 4% Estimated Fair Value Valuation Technique Unobservable Inputs Range of Discounts Weighted Average Discount June 30, 2023 Loans individually evaluated for impairment $ 615 Discounted cash flows; underlying collateral value Collateral discounts and estimated costs to sell 7% - 100% 36% December 31, 2022 Impaired loans $ 4,033 Discounted cash flows; underlying collateral value Collateral discounts and estimated costs to sell 4% - 100% 53%
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2023 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 65,779 $ 65,779 $ 65,779 $ — $ — Federal funds sold 128 128 128 — — Investment securities 407,395 407,496 — 386,190 21,306 Equity securities 14,938 14,938 1,134 13,804 — Loans, net of allowance 2,054,819 1,920,383 — — 1,920,383 Interest rate swaps - gross assets 19,309 19,309 — 19,309 — Financial liabilities: Deposits, noninterest-bearing $ 488,311 $ 488,311 $ — $ 488,311 $ — Deposits, interest-bearing 1,692,542 1,590,158 — — 1,590,158 Borrowings under BTFP and repurchase agreements 240,983 240,983 — 240,983 — FHLB long-term advances 23,500 22,492 — — 22,492 Junior subordinated debt 8,574 8,574 — — 8,574 Subordinated debt 45,000 43,489 — 43,489 — Interest rate swaps - gross liabilities 19,309 19,309 — 19,309 — December 31, 2022 Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Financial assets: Cash and due from banks $ 40,066 $ 40,066 $ 40,066 $ — $ — Federal funds sold 193 193 193 — — Investment securities 413,472 413,089 — 401,233 11,856 Equity securities 27,254 27,254 1,245 26,009 — Loans, net of allowance 2,080,403 1,997,287 — — 1,997,287 Financial liabilities: Deposits, noninterest-bearing $ 580,741 $ 580,741 $ — $ 580,741 $ — Deposits, interest-bearing 1,501,624 1,314,407 — — 1,314,407 FHLB short-term advances 333,500 333,500 — 333,500 — FHLB long-term advances 53,500 52,147 — — 52,147 Junior subordinated debt 8,515 8,515 — — 8,515 Subordinated debt 45,000 42,980 — 42,980 —

Note 9 - Income Taxes (Tables)

Note 9 - Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Income Tax Expense (Benefit) and Effective Income Tax Rate [Table Text Block]	Three months ended June 30, Six months ended June 30, 2023 2022 2023 2022 Income tax expense $ 1,509 $ 2,459 $ 2,383 $ 5,059 Effective tax rate 18.7 % 20.7 % 18.7 % 20.6 %

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Other Commitments [Table Text Block]	June 30, 2023 December 31, 2022 Loan commitments $ 336,427 $ 333,040 Standby letters of credit 14,795 11,379

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Lease, Cost [Table Text Block]	June 30, 2023 2022 Total operating lease cost $ 228 $ 305 Weighted-average remaining lease term (in years) 7.5 7.4 Weighted-average discount rate 3.1 % 2.9 %
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	Remainder of 2023 $ 199 2024 325 2025 336 2026 339 2027 341 Thereafter 1,012 Total $ 2,552

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual)	Jun. 30, 2023
Entity Number of Employees	338
LOUISIANA
Number of Stores	20
TEXAS
Number of Stores	2
ALABAMA
Number of Stores	6

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - ASU 2016-13 Cumulative Effect Adjustment (Details) - USD ($) $ in Thousands		Jun. 30, 2023	Mar. 31, 2023		Jan. 01, 2023	Dec. 31, 2022		Jun. 30, 2022	Mar. 31, 2022		Dec. 31, 2021
Allowance for credit losses		$ 30,044	$ 30,521			$ 24,364		$ 21,954	$ 21,088		$ 20,859
Deferred tax asset		17,658				16,438
Retained earnings		112,344				108,206
Other Liabilities [Member]
Reserve for unfunded loan commitments(2)		200				400
Accounting Standards Update 2016-13 [Member]
Allowance for credit losses						(24,364)
Deferred tax asset						16,438
Remaining purchase discount on loans(1)	[1]					(818)
Retained earnings						108,206
Accounting Standards Update 2016-13 [Member] | Other Liabilities [Member]
Reserve for unfunded loan commitments(2)	[2]					372
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for credit losses		$ 5,865	$ 0	[3]	$ (5,865)	$ 5,865	[3]		$ 0	[3]	$ 0	[3]
Deferred tax asset					1,142
Remaining purchase discount on loans(1)	[1]				422
Retained earnings					(4,295)
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Other Liabilities [Member]
Reserve for unfunded loan commitments(2)	[2]				(6)
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Allowance for credit losses					(30,229)
Deferred tax asset					17,580
Remaining purchase discount on loans(1)	[1]				(396)
Retained earnings					103,911
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Other Liabilities [Member]
Reserve for unfunded loan commitments(2)	[2]				$ 366
[1]For PCD loans, formerly classified as PCI, the Company applied the guidance under CECL using the prospective transition approach. As a result, the Company adjusted the amortized cost basis of the PCD loans to reclassify the purchase discount to the allowance for credit losses on January 1, 2023.[2]The allowance for credit losses on unfunded loan commitments is included “Accrued taxes and other liabilities” in the accompanying consolidated balance sheets. The related provision for credit losses on unfunded loan commitments is included in “Provision for credit losses” in the accompanying consolidated statement of income for the three months ended March 31, 2023.[3]On January 1, 2023 the Company adopted ASU 2016-13, which introduced a new model known as CECL. Refer to Note 1. Summary of Significant Accounting Policies for more information on the adoption of ASU 2016-13.

Note 2 - Earnings Per Share - E

Note 2 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income	$ 6,547	$ 9,404	$ 10,359	$ 19,507
Less: income allocated to participating securities	0	(7)	(2)	(23)
Net income allocated to common shareholders	$ 6,547	$ 9,397	$ 10,357	$ 19,484
Weighted average basic shares outstanding (in shares)	9,880,721	10,149,246	9,894,748	10,241,776
Basic earnings per common share (in dollars per share)	$ 0.67	$ 0.92	$ 1.05	$ 1.90
Net income allocated to common shareholders	$ 6,547	$ 9,397	$ 10,357	$ 19,484
Dilutive effect of securities (in shares)	664	84,293	16,120	70,958
Total weighted average diluted shares outstanding (in shares)	9,881,385	10,233,539	9,910,868	10,312,734
Diluted earnings per common share (in dollars per share)	$ 0.67	$ 0.92	$ 1.05	$ 1.89

Note 2 - Earnings Per Share - A

Note 2 - Earnings Per Share - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities (in shares)	0	0	8,318	0
Restricted Stock [Member]
Antidilutive Securities (in shares)	0	87	0	13
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities (in shares)	113,897	3,176	79,050	45,653

Note 3 - Investment Securitie_2

Note 3 - Investment Securities (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Trading, and Equity Securities, FV-NI, Total	$ 0
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	784
Debt Securities, Available-for-Sale, Unrealized Loss Position, Percent of Securities Cost Basis	13.90%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Percent of Amortized Cost of Investment Securities Portfolio	653%
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions	784
Debt Securities, Accrued Interest, after Allowance for Credit Loss	$ 1,700	$ 1,700
Equity Securities, FV-NI, Cost	14,938	27,254
Equity Securities, Held In Correspondent Banks [Member]
Equity Securities, FV-NI, Cost	13,800	26,000
Marketable Securities and Mutual Funds [Member]
Equity Securities, FV-NI, Cost	1,100	1,200
Asset Not Pledged as Collateral and Asset Pledged as Collateral without Right [Member]
Debt Securities	$ 357,000	$ 165,700

Note 3 - Investment Securitie_3

Note 3 - Investment Securities - Amortized Cost and Fair Value of Investment Securities Classified as AFS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost	$ 452,053	$ 467,316
Gross Unrealized Gains	333	330
Gross Unrealized Losses	(62,803)	(62,479)
Investment securities	389,583	405,167
US Government Corporations and Agencies Securities [Member]
Amortized Cost	27,889	30,370
Gross Unrealized Gains	131	134
Gross Unrealized Losses	(725)	(699)
Investment securities	27,295	29,805
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	19,949	21,098
Gross Unrealized Gains	11	7
Gross Unrealized Losses	(2,325)	(2,727)
Investment securities	17,635	18,378
Corporate Debt Securities [Member]
Amortized Cost	33,740	33,477
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(4,304)	(3,535)
Investment securities	29,436	29,942
Residential Mortgage-Backed Securities [Member]
Amortized Cost	288,658	298,867
Gross Unrealized Gains	3	10
Gross Unrealized Losses	(46,392)	(47,026)
Investment securities	242,269	251,851
Commercial Mortgage-Backed Securities [Member]
Amortized Cost	81,817	83,504
Gross Unrealized Gains	188	179
Gross Unrealized Losses	(9,057)	(8,492)
Investment securities	$ 72,948	$ 75,191

Note 3 - Investment Securitie_4

Note 3 - Investment Securities - Sales of Investments Classified as AFS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Proceeds from sales	$ 0	$ 0	$ 2,364	$ 0
Gross gains	0	0	1	0
Gross losses	$ 0	$ 0	$ 2	$ 0

Note 3 - Investment Securitie_5

Note 3 - Investment Securities - Amortized Cost and Fair Value of Investment Securities Classified as HTM (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost	$ 17,812	$ 8,305
Gross Unrealized Gains	397	1
Gross Unrealized Losses	(296)	(384)
Fair Value	17,913	7,922
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost	15,282	5,538
Gross Unrealized Gains	397	1
Gross Unrealized Losses	(62)	(127)
Fair Value	15,617	5,412
Residential Mortgage-Backed Securities [Member]
Amortized Cost	2,530	2,767
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(234)	(257)
Fair Value	$ 2,296	$ 2,510

Note 3 - Investment Securitie_6

Note 3 - Investment Securities - Summary of Continuous Unrealized Loss Position for Securities Classified as AFS (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Less than 12 Months, Fair Value	$ 58,218	$ 210,918
Less than 12 Months, Unrealized Losses	(3,622)	(24,039)
12 Months or More, Fair Value	301,818	164,186
12 Months or More, Unrealized Losses	(59,181)	(38,440)
Fair Value	360,036	375,104
Unrealized Losses	(62,803)	(62,479)
US Government Corporations and Agencies Securities [Member]
Less than 12 Months, Fair Value	9,889	16,017
Less than 12 Months, Unrealized Losses	(283)	(688)
12 Months or More, Fair Value	5,523	1,013
12 Months or More, Unrealized Losses	(442)	(11)
Fair Value	15,412	17,030
Unrealized Losses	(725)	(699)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 Months, Fair Value	2,969	13,695
Less than 12 Months, Unrealized Losses	(74)	(1,427)
12 Months or More, Fair Value	14,502	4,524
12 Months or More, Unrealized Losses	(2,251)	(1,300)
Fair Value	17,471	18,219
Unrealized Losses	(2,325)	(2,727)
Corporate Debt Securities [Member]
Less than 12 Months, Fair Value	5,297	19,606
Less than 12 Months, Unrealized Losses	(468)	(1,170)
12 Months or More, Fair Value	23,889	10,085
12 Months or More, Unrealized Losses	(3,836)	(2,365)
Fair Value	29,186	29,691
Unrealized Losses	(4,304)	(3,535)
Residential Mortgage-Backed Securities [Member]
Less than 12 Months, Fair Value	28,212	134,419
Less than 12 Months, Unrealized Losses	(1,917)	(18,122)
12 Months or More, Fair Value	213,521	116,132
12 Months or More, Unrealized Losses	(44,475)	(28,904)
Fair Value	241,733	250,551
Unrealized Losses	(46,392)	(47,026)
Commercial Mortgage-Backed Securities [Member]
Less than 12 Months, Fair Value	11,851	27,181
Less than 12 Months, Unrealized Losses	(880)	(2,632)
12 Months or More, Fair Value	44,383	32,432
12 Months or More, Unrealized Losses	(8,177)	(5,860)
Fair Value	56,234	59,613
Unrealized Losses	$ (9,057)	$ (8,492)

Note 3 - Investment Securitie_7

Note 3 - Investment Securities - Summary of Continuous Unrealized Loss Position for Securities Classified as HTM (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Less than 12 months, fair value	$ 3,395	$ 6,046
Less than 12 months, unrealized losses	(65)	(384)
12 months or more, fair value	2,245	0
12 months or more, unrealized losses	(231)	0
Total, fair value	5,640	6,046
Total, unrealized losses	(296)	(384)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	3,345	3,536
Less than 12 months, unrealized losses	(62)	(127)
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	3,345	3,536
Total, unrealized losses	(62)	(127)
Residential Mortgage-Backed Securities [Member]
Less than 12 months, fair value	50	2,510
Less than 12 months, unrealized losses	(3)	(257)
12 months or more, fair value	2,245	0
12 months or more, unrealized losses	(231)	0
Total, fair value	2,295	2,510
Total, unrealized losses	$ (234)	$ (257)

Note 3 - Investment Securitie_8

Note 3 - Investment Securities - Contractual Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Due within one year, AFS, amortized cost	$ 3,673	$ 1,082
Due within one year, AFS, fair value	3,611	1,072
Due within one year, HTM, amortized cost	915	915
Due within one year, HTM, fair value	916	915
Due after one year through five years, AFS, amortized cost	34,748	32,452
Due after one year through five years, AFS, fair value	33,302	31,394
Due after one year through five years, HTM, amortized cost	960	960
Due after one year through five years, HTM, fair value	961	961
Due after five years through ten years, AFS, amortized cost	48,078	52,093
Due after five years through ten years, AFS, fair value	43,808	48,229
Due after five years through ten years, HTM, amortized cost	3,407	3,663
Due after five years through ten years, HTM, fair value	3,345	3,536
Due after ten years, AFS, amortized cost	365,554	381,689
Due after ten years, AFS, fair value	308,862	324,472
Due after ten years, HTM, amortized cost	12,530	2,767
Due after ten years, HTM, fair value	12,691	2,510
Total debt securities, AFS, amortized cost	452,053	467,316
Total debt securities, AFS, fair value	389,583	405,167
Total debt securities, HTM, amortized cost	17,812	8,305
Total debt securities, HTM, fair value	$ 17,913	$ 7,922

Note 4 - Loans and Allowance _3

Note 4 - Loans and Allowance for Credit Losses (Details Textual) Pure in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)		$ 200,000		$ 200,000		$ 800,000
Financing Receivable, Deferred Commitment Fee		1,100,000		1,100,000		1,300,000
Financing Receivable, Nonaccrual, Acquired With Credit Impairment						500,000
Loan Participations and Whole Loans Sold to and Serviced for Others Not on Balance Sheet		25,000,000		25,000,000		16,900,000
Loan Participations and Whole Loans Sold to and Serviced For Others Unpaid Principal Balance		104,600,000		104,600,000		92,900,000
Loans and Leases Receivable, Related Parties		50,327,000		50,327,000		96,977,000	$ 97,606,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss		11,000,000		11,000,000		$ 10,800,000
Provision for Other Credit Losses		2,800,000		2,500,000
Financing Receivable, Credit Loss, Expense (Reversal)	[1],[2]	(2,833,000)	$ 941,000	(2,277,000)	$ 492,000
Financing Receivable, Modifications, Number of Contracts					0
Unfunded Loan Commitment [Member]
Financing Receivable, Credit Loss, Expense (Reversal)		$ 7,000		$ 200,000
[1]For the three months ended June 30, 2023, the $2.8 million negative provision for credit losses on the consolidated statement of income includes a $2.8 million negative provision for loan losses and a $7,000 negative provision for unfunded loan commitments. For the six months ended June 30, 2023, the $2.5 million negative provision for credit losses on the consolidated statement of income includes a $2.3 million negative provision for loan losses and a $0.2 million negative provision for unfunded loan commitments.[2]On January 1, 2023 the Company adopted ASU 2016-13, which introduced a new model known as CECL. Refer to Note 1. Summary of Significant Accounting Policies for more information on the adoption of ASU 2016-13.

Note 4 - Loans and Allowance _4

Note 4 - Loans and Allowance for Credit Losses - Summary of Loans by Categories (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Loans	$ 2,084,863	$ 2,104,767	$ 1,916,395
Real Estate Portfolio Segment [Member]
Loans	1,673,301	1,655,942
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	197,850	201,633	214,543
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Loans	414,380	401,377	380,028
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Loans	80,424	81,812	56,491
Real Estate Portfolio Segment [Member] | Farmland [Member]
Loans	8,434	12,877	15,676
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Loans	972,213	958,243	891,822
Commercial Portfolio Segment [Member]
Loans	399,488	435,093	343,355
Consumer Portfolio Segment [Member]
Loans	$ 12,074	$ 13,732	$ 14,480

Note 4 - Loans and Allowance _5

Note 4 - Loans and Allowance for Credit Losses - Aging Analysis of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022		Jun. 30, 2022
Loans	$ 2,084,863	$ 2,104,767		$ 1,916,395
Nonaccrual	6,994	9,986	[1]
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	15,799
Nonaccrual	2,084,863	9,477
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	2,076,603	2,088,000
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	1,908	3,625
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	2,429	1,346
Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	3,923	1,351
Financial Asset Acquired with Credit Deterioration [Member]
Loans		968		1,662
Real Estate Portfolio Segment [Member]
Loans	1,673,301	1,655,942
Nonaccrual	5,497	7,673	[1]
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	12,816
Nonaccrual	1,673,301	7,164
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	1,667,002	1,642,215
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	1,445	3,048
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	2,407	1,304
Real Estate Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	2,447	1,300
Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		911
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	197,850	201,633		214,543
Nonaccrual	1,340	372	[1]
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	585
Nonaccrual	197,850	372
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	195,858	201,048
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	713	101
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	1,138	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	141	112
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		0		0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Loans	414,380	401,377		380,028
Nonaccrual	1,714	1,207	[1]
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	6,229
Nonaccrual	414,380	1,207
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	412,427	394,846
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	546	2,614
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	614	1,220
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	793	1,188
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		302		319
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Loans	80,424	81,812		56,491
Nonaccrual	0	0	[1]
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	0
Nonaccrual	80,424	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	79,998	81,812
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	426	0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	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] | Farmland [Member]
Loans	8,434	12,877		15,676
Nonaccrual	0	62	[1]
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	276
Nonaccrual	8,434	62
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	8,434	12,601
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	152
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	62
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		0		649
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Loans		958,243
Nonaccrual	2,443	6,032	[1]
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	5,726
Nonaccrual	972,213	5,523
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	970,285	951,908
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	186	181
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	229	22
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	1,513	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		609
Commercial Portfolio Segment [Member]
Loans	399,488	435,093		343,355
Nonaccrual	1,402	2,183	[1]
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	2,655
Nonaccrual	399,488	2,183
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	397,688	432,438
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	399	406
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	15
Commercial Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	1,401	51
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		0		0
Consumer Portfolio Segment [Member]
Loans	12,074	13,732		14,480
Nonaccrual	95	130	[1]
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member]
Loans	0	328
Nonaccrual	12,074	130
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Not Past Due [Member]
Loans	11,913	13,347
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	64	171
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	22	27
Consumer Portfolio Segment [Member] | Financial Asset, Other than Financial Asset Acquired with Credit Deterioration [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	75	0
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans		$ 57		$ 60
[1]Nonaccrual loans previously reported as of December 31, 2022 excluded $0.5 million of nonaccrual acquired impaired loans being accounted for under ASC 310-30.

Note 4 - Loans and Allowance _6

Note 4 - Loans and Allowance for Credit Losses - Analysis Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	[1]
Nonaccrual With No Allowance for Credit Loss	$ 5,905
Nonaccrual with an Allowance for Credit Loss	1,089
Nonaccrual	6,994	$ 9,986
Real Estate Portfolio Segment [Member]
Nonaccrual With No Allowance for Credit Loss	4,527
Nonaccrual with an Allowance for Credit Loss	970
Nonaccrual	5,497	7,673
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Nonaccrual With No Allowance for Credit Loss	941
Nonaccrual with an Allowance for Credit Loss	399
Nonaccrual	1,340	372
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Nonaccrual With No Allowance for Credit Loss	1,195
Nonaccrual with an Allowance for Credit Loss	519
Nonaccrual	1,714	1,207
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Nonaccrual With No Allowance for Credit Loss	0
Nonaccrual with an Allowance for Credit Loss	0
Nonaccrual	0	0
Real Estate Portfolio Segment [Member] | Farmland [Member]
Nonaccrual With No Allowance for Credit Loss	0
Nonaccrual with an Allowance for Credit Loss	0
Nonaccrual	0	62
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Nonaccrual With No Allowance for Credit Loss	2,391
Nonaccrual with an Allowance for Credit Loss	52
Nonaccrual	2,443	6,032
Commercial Portfolio Segment [Member]
Nonaccrual With No Allowance for Credit Loss	1,343
Nonaccrual with an Allowance for Credit Loss	59
Nonaccrual	1,402	2,183
Consumer Portfolio Segment [Member]
Nonaccrual With No Allowance for Credit Loss	35
Nonaccrual with an Allowance for Credit Loss	60
Nonaccrual	$ 95	$ 130
[1]Nonaccrual loans previously reported as of December 31, 2022 excluded $0.5 million of nonaccrual acquired impaired loans being accounted for under ASC 310-30.

Note 4 - Loans and Allowance _7

Note 4 - Loans and Allowance for Credit Losses - Loan Portfolio by Category and Credit Quality Indicator (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Current year	$ 118,556		$ 118,556
Year two	544,995		544,995
Year three	362,891		362,891
Year four	268,847		268,847
Year five	130,058		130,058
Prior	224,505		224,505
Revolving loans	380,761		380,761
Revolving loans converted to term loans	54,250		54,250
Loans	2,084,863	$ 1,916,395	2,084,863	$ 1,916,395	$ 2,104,767
Current-period gross charge-offs, current year			96
Current-period gross charge-offs, year two			15
Current-period gross charge-offs, year three			200
Current-period gross charge-offs, year four			10
Current-period gross charge-offs, year five			34
Current-period gross charge-offs, prior			74
Current-period gross charge-offs, revolving			206
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	125	131	635	460
Pass [Member]
Current year	117,502		117,502
Year two	544,587		544,587
Year three	358,190		358,190
Year four	267,718		267,718
Year five	128,247		128,247
Prior	216,355		216,355
Revolving loans	373,315		373,315
Revolving loans converted to term loans	54,250		54,250
Loans	2,060,164		2,060,164		2,076,730
Special Mention [Member]
Current year	568		568
Year two	0		0
Year three	3,993		3,993
Year four	0		0
Year five	0		0
Prior	251		251
Revolving loans	5,315		5,315
Revolving loans converted to term loans	0		0
Loans	10,127		10,127		12,834
Substandard [Member]
Current year	486		486
Year two	408		408
Year three	561		561
Year four	1,129		1,129
Year five	1,811		1,811
Prior	7,899		7,899
Revolving loans	1,879		1,879
Revolving loans converted to term loans	0		0
Loans	14,173		14,173		15,016
Doubtful [Member]
Current year	0		0
Year two	0		0
Year three	147		147
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	252		252
Revolving loans converted to term loans	0		0
Loans	399		399		187
Real Estate Portfolio Segment [Member]
Loans	1,673,301		1,673,301		1,655,942
Real Estate Portfolio Segment [Member] | Pass [Member]
Loans					1,635,664
Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans					7,694
Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans					12,584
Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans					0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Current year	4,167		4,167
Year two	7,623		7,623
Year three	9,625		9,625
Year four	3,871		3,871
Year five	1,296		1,296
Prior	4,522		4,522
Revolving loans	166,367		166,367
Revolving loans converted to term loans	379		379
Loans	197,850	214,543	197,850	214,543	201,633
Current-period gross charge-offs, current year			0
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			0
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			0
Current-period gross charge-offs, prior			0
Current-period gross charge-offs, revolving			0
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	0		0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Current year	4,167		4,167
Year two	7,572		7,572
Year three	8,557		8,557
Year four	3,871		3,871
Year five	1,296		1,296
Prior	4,445		4,445
Revolving loans	164,745		164,745
Revolving loans converted to term loans	379		379
Loans	195,032		195,032		198,967
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	780		780
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	570		570
Revolving loans converted to term loans	0		0
Loans	1,350		1,350		1,593
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Current year	0		0
Year two	51		51
Year three	141		141
Year four	0		0
Year five	0		0
Prior	77		77
Revolving loans	800		800
Revolving loans converted to term loans	0		0
Loans	1,069		1,069		1,073
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Current year	0		0
Year two	0		0
Year three	147		147
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	252		252
Revolving loans converted to term loans	0		0
Loans	399		399		0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Current year	30,138		30,138
Year two	97,430		97,430
Year three	82,909		82,909
Year four	60,148		60,148
Year five	29,954		29,954
Prior	66,832		66,832
Revolving loans	41,197		41,197
Revolving loans converted to term loans	5,772		5,772
Loans	414,380	380,028	414,380	380,028	401,377
Current-period gross charge-offs, current year			22
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			0
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			21
Current-period gross charge-offs, prior			3
Current-period gross charge-offs, revolving			0
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	4		46
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Pass [Member]
Current year	29,570		29,570
Year two	97,214		97,214
Year three	82,166		82,166
Year four	60,148		60,148
Year five	29,666		29,666
Prior	64,868		64,868
Revolving loans	41,093		41,093
Revolving loans converted to term loans	5,772		5,772
Loans	410,497		410,497		399,143
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Special Mention [Member]
Current year	568		568
Year two	0		0
Year three	487		487
Year four	0		0
Year five	0		0
Prior	180		180
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	1,235		1,235		0
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Substandard [Member]
Current year	0		0
Year two	216		216
Year three	256		256
Year four	0		0
Year five	288		288
Prior	1,784		1,784
Revolving loans	104		104
Revolving loans converted to term loans	0		0
Loans	2,648		2,648		2,234
Real Estate Portfolio Segment [Member] | 1-4 Family [Member] | Doubtful [Member]
Loans					0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member]
Current year	3,937		3,937
Year two	44,861		44,861
Year three	13,116		13,116
Year four	4,474		4,474
Year five	637		637
Prior	7,934		7,934
Revolving loans	4,749		4,749
Revolving loans converted to term loans	716		716
Loans	80,424	56,491	80,424	56,491	81,812
Current-period gross charge-offs, current year			0
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			0
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			0
Current-period gross charge-offs, prior			0
Current-period gross charge-offs, revolving			0
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	0		0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Pass [Member]
Current year	3,937		3,937
Year two	44,861		44,861
Year three	13,116		13,116
Year four	4,474		4,474
Year five	637		637
Prior	7,508		7,508
Revolving loans	4,749		4,749
Revolving loans converted to term loans	716		716
Loans	79,998		79,998		81,812
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	0		0		0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Substandard [Member]
Current year	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Year five	0		0
Prior	426		426
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	426		426		0
Real Estate Portfolio Segment [Member] | Multifamily Loans [Member] | Doubtful [Member]
Loans					0
Real Estate Portfolio Segment [Member] | Farmland [Member]
Current year	955		955
Year two	1,473		1,473
Year three	744		744
Year four	1,123		1,123
Year five	1,178		1,178
Prior	1,659		1,659
Revolving loans	1,302		1,302
Revolving loans converted to term loans	0		0
Loans	8,434	15,676	8,434	15,676	12,877
Current-period gross charge-offs, current year			0
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			0
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			0
Current-period gross charge-offs, prior			0
Current-period gross charge-offs, revolving			0
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	0		0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Pass [Member]
Current year	955		955
Year two	1,473		1,473
Year three	744		744
Year four	1,123		1,123
Year five	1,178		1,178
Prior	1,582		1,582
Revolving loans	1,302		1,302
Revolving loans converted to term loans	0		0
Loans	8,357		8,357		12,815
Real Estate Portfolio Segment [Member] | Farmland [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	0		0		0
Real Estate Portfolio Segment [Member] | Farmland [Member] | Substandard [Member]
Current year	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Year five	0		0
Prior	77		77
Revolving loans	0		0
Revolving loans converted to term loans
Loans	77		77		62
Real Estate Portfolio Segment [Member] | Farmland [Member] | Doubtful [Member]
Loans					0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Current year	50,248		50,248
Year two	241,973		241,973
Year three	217,578		217,578
Year four	181,668		181,668
Year five	86,731		86,731
Prior	125,686		125,686
Revolving loans	22,303		22,303
Revolving loans converted to term loans	46,026		46,026
Loans	972,213	891,822	972,213	891,822	958,243
Current-period gross charge-offs, current year			0
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			0
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			1
Current-period gross charge-offs, prior			25
Current-period gross charge-offs, revolving			0
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	26		26
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Pass [Member]
Current year	49,762		49,762
Year two	241,973		241,973
Year three	215,210		215,210
Year four	180,768		180,768
Year five	86,338		86,338
Prior	120,277		120,277
Revolving loans	21,496		21,496
Revolving loans converted to term loans	46,026		46,026
Loans	961,850		961,850		942,927
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	2,368		2,368
Year four	0		0
Year five	0		0
Prior	71		71
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	2,439		2,439		6,101
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Substandard [Member]
Current year	486		486
Year two	0		0
Year three	0		0
Year four	900		900
Year five	393		393
Prior	5,338		5,338
Revolving loans	807		807
Revolving loans converted to term loans	0		0
Loans	7,924		7,924		9,215
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Doubtful [Member]
Loans					0
Commercial Portfolio Segment [Member]
Current year	26,511		26,511
Year two	148,264		148,264
Year three	36,824		36,824
Year four	16,452		16,452
Year five	9,810		9,810
Prior	16,247		16,247
Revolving loans	144,023		144,023
Revolving loans converted to term loans	1,357		1,357
Loans	399,488	343,355	399,488	343,355	435,093
Current-period gross charge-offs, current year			0
Current-period gross charge-offs, year two			0
Current-period gross charge-offs, year three			190
Current-period gross charge-offs, year four			0
Current-period gross charge-offs, year five			7
Current-period gross charge-offs, prior			0
Current-period gross charge-offs, revolving			194
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	11		391
Commercial Portfolio Segment [Member] | Pass [Member]
Current year	26,511		26,511
Year two	148,131		148,131
Year three	36,304		36,304
Year four	16,242		16,242
Year five	8,688		8,688
Prior	16,141		16,141
Revolving loans	139,111		139,111
Revolving loans converted to term loans	1,357		1,357
Loans	392,485		392,485		427,430
Commercial Portfolio Segment [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	358		358
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	4,745		4,745
Revolving loans converted to term loans	0		0
Loans	5,103		5,103		5,140
Commercial Portfolio Segment [Member] | Substandard [Member]
Current year	0		0
Year two	133		133
Year three	162		162
Year four	210		210
Year five	1,122		1,122
Prior	106		106
Revolving loans	167		167
Revolving loans converted to term loans	0		0
Loans	1,900		1,900		2,336
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans					187
Consumer Portfolio Segment [Member]
Current year	2,600		2,600
Year two	3,371		3,371
Year three	2,095		2,095
Year four	1,111		1,111
Year five	452		452
Prior	1,625		1,625
Revolving loans	820		820
Revolving loans converted to term loans	0		0
Loans	12,074	$ 14,480	12,074	$ 14,480	13,732
Current-period gross charge-offs, current year			74
Current-period gross charge-offs, year two			15
Current-period gross charge-offs, year three			10
Current-period gross charge-offs, year four			10
Current-period gross charge-offs, year five			5
Current-period gross charge-offs, prior			46
Current-period gross charge-offs, revolving			12
Current-period gross charge-offs, revolving loans converted to term			0
Current-period gross charge-offs	84		172
Consumer Portfolio Segment [Member] | Pass [Member]
Current year	2,600		2,600
Year two	3,363		3,363
Year three	2,093		2,093
Year four	1,092		1,092
Year five	444		444
Prior	1,534		1,534
Revolving loans	819		819
Revolving loans converted to term loans	0		0
Loans	11,945		11,945		13,636
Consumer Portfolio Segment [Member] | Special Mention [Member]
Current year	0		0
Year two	0		0
Year three	0		0
Year four	0		0
Year five	0		0
Prior	0		0
Revolving loans	0		0
Revolving loans converted to term loans	0		0
Loans	0		0		0
Consumer Portfolio Segment [Member] | Substandard [Member]
Current year	0		0
Year two	8		8
Year three	2		2
Year four	19		19
Year five	8		8
Prior	91		91
Revolving loans	1		1
Revolving loans converted to term loans	0		0
Loans	$ 129		$ 129		96
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans					$ 0

Note 4 - Loans and Allowance _8

Note 4 - Loans and Allowance for Credit Losses - Loans to Related Parties (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Balance, beginning of period	$ 96,977	$ 97,606
New loans/changes in relationship	2,176	14,570
Repayments/changes in relationship	(48,826)	(15,199)
Balance, end of period	$ 50,327	$ 96,977

Note 4 - Loans and Allowance _9

Note 4 - Loans and Allowance for Credit Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jan. 01, 2023	Dec. 31, 2022
Balance, beginning of period		$ 30,521	$ 21,088	$ 24,364	$ 20,859
Provision for credit losses on loans(2)	[1],[2]	(2,833)	941	(2,277)	492
Charge-offs		(125)	(131)	(635)	(460)
Recoveries		2,481	56	2,727	1,063
Balance, end of period		30,044	21,954	30,044	21,954
Charge-offs			(131)	(635)	(460)
Allowance for credit losses		30,044	21,954	30,044	21,954		$ 24,364
Ending allowance balance for loans individually evaluated for impairment		377	312	377	312
Ending allowance balance for loans collectively evaluated for impairment		29,667	21,486	29,667	21,486
Balance of loans individually evaluated for impairment		6,994	18,053	6,994	18,053
Balance of loans collectively evaluated for impairment		2,077,869	1,896,680	2,077,869	1,896,680
Loans		2,084,863	1,916,395	2,084,863	1,916,395		2,104,767
Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			156		156
Allowance for credit losses			156		156
Loans			1,662		1,662		968
Accounting Standards Update 2016-13 [Member]
Balance, beginning of period				(24,364)
Allowance for credit losses							(24,364)
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, beginning of period	[2]	0	0	5,865	0
Balance, end of period		5,865		5,865
Allowance for credit losses		5,865		5,865		$ (5,865)	5,865	[2]
Real Estate Portfolio Segment [Member]
Loans		1,673,301		1,673,301			1,655,942
Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans							911
Commercial Portfolio Segment [Member]
Balance, beginning of period		6,125	4,356	5,743	4,411
Provision for credit losses on loans(2)		(972)	493	(1,072)	(184)
Charge-offs		(11)		(391)
Recoveries		327	10	396	918
Balance, end of period		5,469	4,776	5,469	4,776
Charge-offs			(83)	(391)	(369)
Allowance for credit losses		5,469	4,776	5,469	4,776		5,743
Ending allowance balance for loans individually evaluated for impairment		18	242	18	242
Ending allowance balance for loans collectively evaluated for impairment		5,451	4,534	5,451	4,534
Balance of loans individually evaluated for impairment		1,402	5,147	1,402	5,147
Balance of loans collectively evaluated for impairment		398,086	338,208	398,086	338,208
Loans		399,488	343,355	399,488	343,355		435,093
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			0		0		0
Commercial Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		793		793
Allowance for credit losses		793		793
Consumer Portfolio Segment [Member]
Balance, beginning of period		238	319	319	354
Provision for credit losses on loans(2)		48	60	86	60
Charge-offs		(84)		(172)
Recoveries		13	8	40	20
Balance, end of period		215	339	215	339
Charge-offs			(48)	(172)	(95)
Allowance for credit losses		215	339	215	339		319
Ending allowance balance for loans individually evaluated for impairment		33	70	33	70
Ending allowance balance for loans collectively evaluated for impairment		182	269	182	269
Balance of loans individually evaluated for impairment		95	160	95	160
Balance of loans collectively evaluated for impairment		11,979	14,260	11,979	14,260
Loans		12,074	14,480	12,074	14,480		13,732
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			60		60		57
Consumer Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		(58)		(58)
Allowance for credit losses		(58)		(58)
Construction Loans [Member] | Real Estate Portfolio Segment [Member]
Balance, beginning of period		3,041	2,408	2,555	2,347
Provision for credit losses on loans(2)		(65)	217	454	262
Charge-offs		0		0
Recoveries		1	5	43	21
Balance, end of period		2,977	2,630	2,977	2,630
Charge-offs			0	0	0
Allowance for credit losses		2,977	2,630	2,977	2,630		2,555
Ending allowance balance for loans individually evaluated for impairment		209	0	209	0
Ending allowance balance for loans collectively evaluated for impairment		2,768	2,630	2,768	2,630
Balance of loans individually evaluated for impairment		1,340	498	1,340	498
Balance of loans collectively evaluated for impairment		196,510	214,045	196,510	214,045
Loans		197,850	214,543	197,850	214,543		201,633
Construction Loans [Member] | Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			0		0		0
Construction Loans [Member] | Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		(75)		(75)
Allowance for credit losses		(75)		(75)
1-4 Family [Member] | Real Estate Portfolio Segment [Member]
Balance, beginning of period		8,650	3,404	3,917	3,337
Provision for credit losses on loans(2)		637	187	695	184
Charge-offs		(4)		(46)
Recoveries		10	32	15	102
Balance, end of period		9,293	3,623	9,293	3,623
Charge-offs			0	(46)	0
Allowance for credit losses		9,293	3,623	9,293	3,623		3,917
Ending allowance balance for loans individually evaluated for impairment		76	0	76	0
Ending allowance balance for loans collectively evaluated for impairment		9,217	3,623	9,217	3,623
Balance of loans individually evaluated for impairment		1,714	780	1,714	780
Balance of loans collectively evaluated for impairment		412,666	378,929	412,666	378,929
Loans		414,380	380,028	414,380	380,028		401,377
1-4 Family [Member] | Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			319		319		302
1-4 Family [Member] | Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		4,712		4,712
Allowance for credit losses		4,712		4,712
Multifamily Loans [Member] | Real Estate Portfolio Segment [Member]
Balance, beginning of period		910	590	999	673
Provision for credit losses on loans(2)		(44)	50	(49)	(33)
Charge-offs		0		0
Recoveries		0	0	0	0
Balance, end of period		866	640	866	640
Charge-offs			0	0	0
Allowance for credit losses		866	640	866	640		999
Ending allowance balance for loans individually evaluated for impairment		0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment		866	640	866	640
Balance of loans individually evaluated for impairment		0	0	0	0
Balance of loans collectively evaluated for impairment		80,424	56,491	80,424	56,491
Loans		80,424	56,491	80,424	56,491		81,812
Multifamily Loans [Member] | Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			0		0		0
Multifamily Loans [Member] | Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		(84)		(84)
Allowance for credit losses		(84)		(84)
Farmland [Member] | Real Estate Portfolio Segment [Member]
Balance, beginning of period		30	342	113	383
Provision for credit losses on loans(2)		(27)	(29)	(11)	(16)
Charge-offs		0		0
Recoveries		0	0	0	0
Balance, end of period		3	313	3	313
Charge-offs			0	0	(54)
Allowance for credit losses		3	313	3	313		113
Ending allowance balance for loans individually evaluated for impairment		0	0	0	0
Ending allowance balance for loans collectively evaluated for impairment		3	157	3	157
Balance of loans individually evaluated for impairment		0	66	0	66
Balance of loans collectively evaluated for impairment		8,434	14,961	8,434	14,961
Loans		8,434	15,676	8,434	15,676		12,877
Farmland [Member] | Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			156		156
Allowance for credit losses			156		156
Loans			649		649		0
Farmland [Member] | Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		(99)		(99)
Allowance for credit losses		(99)		(99)
Commercial Real Estate Loan [Member] | Real Estate Portfolio Segment [Member]
Balance, beginning of period		11,527	9,669	10,718	9,354
Provision for credit losses on loans(2)		(2,410)	(37)	(2,380)	219
Charge-offs		(26)		(26)
Recoveries		2,130	1	2,233	2
Balance, end of period		11,221	9,633	11,221	9,633
Charge-offs			0	(26)	58
Allowance for credit losses		11,221	9,633	11,221	9,633		10,718
Ending allowance balance for loans individually evaluated for impairment		41	0	41	0
Ending allowance balance for loans collectively evaluated for impairment		11,180	9,633	11,180	9,633
Balance of loans individually evaluated for impairment		2,443	11,402	2,443	11,402
Balance of loans collectively evaluated for impairment		969,770	879,786	969,770	879,786
Loans		972,213	891,822	972,213	891,822		$ 958,243
Commercial Real Estate Loan [Member] | Real Estate Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance, end of period			0		0
Allowance for credit losses			0		0
Loans			$ 634		$ 634
Commercial Real Estate Loan [Member] | Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, end of period		676		676
Allowance for credit losses		$ 676		$ 676
[1]For the three months ended June 30, 2023, the $2.8 million negative provision for credit losses on the consolidated statement of income includes a $2.8 million negative provision for loan losses and a $7,000 negative provision for unfunded loan commitments. For the six months ended June 30, 2023, the $2.5 million negative provision for credit losses on the consolidated statement of income includes a $2.3 million negative provision for loan losses and a $0.2 million negative provision for unfunded loan commitments.[2]On January 1, 2023 the Company adopted ASU 2016-13, which introduced a new model known as CECL. Refer to Note 1. Summary of Significant Accounting Policies for more information on the adoption of ASU 2016-13.

Note 4 - Loans and Allowance_10

Note 4 - Loans and Allowance for Credit Losses - Impaired Loans (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Recorded investment, with no related allowance recorded	$ 9,209
Unpaid principal balance, with no related allowance recorded	25,118
Recorded investment, with related allowance recorded	1,230
Unpaid principal balance, with related allowance recorded	1,587
Related allowance	283
Recorded investment	10,439
Unpaid principal balance	26,705
Real Estate Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	7,179
Unpaid principal balance, with no related allowance recorded	22,543
Recorded investment, with related allowance recorded	889
Unpaid principal balance, with related allowance recorded	1,172
Related allowance	108
Recorded investment	8,068
Unpaid principal balance	23,715
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment, with no related allowance recorded	366
Unpaid principal balance, with no related allowance recorded	375
Recorded investment, with related allowance recorded	225
Unpaid principal balance, with related allowance recorded	498
Related allowance	26
Recorded investment	591
Unpaid principal balance	873
Real Estate Portfolio Segment [Member] | 1-4 Family [Member]
Recorded investment, with no related allowance recorded	1,005
Unpaid principal balance, with no related allowance recorded	1,082
Recorded investment, with related allowance recorded	474
Unpaid principal balance, with related allowance recorded	484
Related allowance	46
Recorded investment	1,479
Unpaid principal balance	1,566
Real Estate Portfolio Segment [Member] | Farmland [Member]
Recorded investment, with no related allowance recorded	62
Unpaid principal balance, with no related allowance recorded	70
Related allowance	0
Recorded investment	62
Unpaid principal balance	70
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member]
Recorded investment, with no related allowance recorded	5,746
Unpaid principal balance, with no related allowance recorded	21,016
Recorded investment, with related allowance recorded	190
Unpaid principal balance, with related allowance recorded	190
Related allowance	36
Recorded investment	5,936
Unpaid principal balance	21,206
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	1,996
Unpaid principal balance, with no related allowance recorded	2,530
Recorded investment, with related allowance recorded	245
Unpaid principal balance, with related allowance recorded	292
Related allowance	112
Recorded investment	2,241
Unpaid principal balance	2,822
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	34
Unpaid principal balance, with no related allowance recorded	45
Recorded investment, with related allowance recorded	96
Unpaid principal balance, with related allowance recorded	123
Related allowance	63
Recorded investment	130
Unpaid principal balance	$ 168

Note 4 - Loans and Allowance_11

Note 4 - Loans and Allowance For Credit Losses - Summary of Average Recorded Investment and Interest Income Recognized for TDRs (Details) - TDR [Member] - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Average Recorded Investment, with no allowance	$ 21,727	$ 24,050
Interest Income Recognized, with no allowance	36	78
Average Recorded Investment, with allowance	536	564
Interest Income Recognized, with allowance	0	0
Average Recorded Investment	22,263	24,614
Interest Income Recognized	36	78
Commercial Real Estate Portfolio Segment [Member]
Average Recorded Investment, with no allowance	12,342	12,574
Interest Income Recognized, with no allowance	6	12
Average Recorded Investment	12,342	12,574
Interest Income Recognized	6	12
Real Estate Portfolio Segment [Member]
Average Recorded Investment, with no allowance	13,715	14,060
Interest Income Recognized, with no allowance	13	29
Average Recorded Investment	13,715	14,060
Interest Income Recognized	13	29
Commercial Portfolio Segment [Member]
Average Recorded Investment, with no allowance	7,950	9,926
Interest Income Recognized, with no allowance	23	49
Average Recorded Investment, with allowance	437	462
Interest Income Recognized, with allowance	0	0
Average Recorded Investment	8,387	10,388
Interest Income Recognized	23	49
Consumer Portfolio Segment [Member]
Average Recorded Investment, with no allowance	62	64
Interest Income Recognized, with no allowance	0	0
Average Recorded Investment, with allowance	99	102
Interest Income Recognized, with allowance	0	0
Average Recorded Investment	161	166
Interest Income Recognized	0	0
Construction Loans [Member]
Average Recorded Investment, with no allowance	501	506
Interest Income Recognized, with no allowance	4	8
Average Recorded Investment	501	506
Interest Income Recognized	4	8
1-4 Family [Member]
Average Recorded Investment, with no allowance	803	908
Interest Income Recognized, with no allowance	3	9
Average Recorded Investment	803	908
Interest Income Recognized	3	9
Farmland [Member]
Average Recorded Investment, with no allowance	69	72
Interest Income Recognized, with no allowance	0	0
Average Recorded Investment	69	72
Interest Income Recognized	$ 0	$ 0

Note 5 - Borrowing Under Bank_2

Note 5 - Borrowing Under Bank Term Funding Program (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Other Short-Term Borrowings	$ 235,800	$ 0
Bank Term Funding Program [Member]
Other Short-Term Borrowings	235,800
Bank Term Funding Program [Member] | Asset Pledged as Collateral [Member]
Securities Held As Collateral, Remaining Par Value	$ 243,800

Note 6 - Stockholders' Equity -

Note 6 - Stockholders' Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Balance	$ 218,458	$ 233,657	$ 215,782	$ 242,598
Net change	(4,915)	(17,203)	(252)	(33,937)
Balance	218,357	219,369	218,357	219,369
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	(38,475)	(12,377)	(43,137)	4,882
Net change	(4,915)	(14,621)	(253)	(31,880)
Balance	(43,390)	(26,998)	(43,390)	(26,998)
Reclassification of Realized Gain on Investment Securities, Net [Member]
Balance	(5,776)	(5,777)	(5,777)	(5,772)
Net change	0	0	1	(5)
Balance	(5,776)	(5,777)	(5,776)	(5,777)
Unrealized Gain (Loss), Transfer from Available for Sale to Held to Maturity, Net [Member]
Balance	1	2	1	2
Net change	0	(1)	0	(1)
Balance	1	1	1	1
Accumulated Gain (Loss), Net, Cash Flow Hedge, Before Reclassification, Parent [Member]
Balance	7,830	6,673	7,830	3,501
Net change	0	1,157	0	4,329
Balance	7,830	7,830	7,830	7,830
Accumulated Gain (Loss), Net, Cash Flow Hedge, Reclassification, Parent [Member]
Balance	(7,830)	(4,092)	(7,830)	(1,450)
Net change	0	(3,738)	0	(6,380)
Balance	(7,830)	(7,830)	(7,830)	(7,830)
AOCI Attributable to Parent [Member]
Balance	(44,250)	(15,571)	(48,913)	1,163
Net change	(4,915)	(17,203)	(252)	(33,937)
Balance	$ (49,165)	$ (32,774)	$ (49,165)	$ (32,774)

Note 7 - Derivative Financial_2

Note 7 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Mar. 31, 2022
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax	$ 0	$ 3,738	$ 0	$ 6,380
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax	0	995	0	1,697
Interest Rate Swap [Member]
Derivative, Notional Amount	144,700		144,700
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax		1,200		4,300
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax		300		1,200
Derivative, Gain (Loss) on Derivative, Net			0	0
Derivative Asset	19,309		19,309
Derivative Liability	19,309		19,309
Interest Rate Swap [Member] | Other Assets [Member]
Derivative Asset	19,300		19,300
Interest Rate Swap [Member] | Accrued Taxes and Other Liabilities [Member]
Derivative Liability	19,300		19,300
Interest Rate Swap [Member] | Swap Termination Fees [Member]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax		3,700		6,400
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax		1,000		1,700
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative, Notional Amount	0		0
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net			0		$ 0
Derivative, Terminated, Notional Amount		$ 60,000		$ 115,000
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset					0	$ 0
Offsetting Interest Rate Swap [Member]
Derivative, Notional Amount	$ 144,700		$ 144,700
Forward Starting Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative, Notional Amount					$ 0

Note 8 - Fair Values of Finan_3

Note 8 - Fair Values of Financial Instruments (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	$ 0		$ 0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	$ 0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member]
Financial Liabilities Fair Value Disclosure	0		0
Other Assets [Member] | Fair Value Measured at Net Asset Value Per Share [Member] | Small Business Investment Company Qualified funds and Other Investment Funds [Member]
Investments, Fair Value Disclosure	$ 3,200		$ 2,800

Note 8 - Fair Values of Finan_4

Note 8 - Fair Values of Financial Instruments - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investment securities	$ 389,583	$ 405,167
Equity securities	1,134	1,245
Total assets	410,026	406,412
Interest Rate Swap [Member]
Interest rate swaps - gross assets	19,309
Interest rate swaps - gross liabilities	19,309
Fair Value, Inputs, Level 1 [Member]
Equity securities	1,134	1,245
Total assets	1,134	1,245
Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	0
Interest rate swaps - gross liabilities	0
Fair Value, Inputs, Level 2 [Member]
Equity securities	0	0
Total assets	403,203	398,723
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	19,309
Interest rate swaps - gross liabilities	19,309
Fair Value, Inputs, Level 3 [Member]
Equity securities	0	0
Total assets	5,689	6,444
Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	0
Interest rate swaps - gross liabilities	0
US Government Corporations and Agencies Securities [Member]
Investment securities	27,295	29,805
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	27,295	29,805
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	17,635	18,378
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	12,387	12,413
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	5,248	5,965
Corporate Debt Securities [Member]
Investment securities	29,436	29,942
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	28,995	29,463
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	441	479
Residential Mortgage-Backed Securities [Member]
Investment securities	242,269	251,851
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	242,269	251,851
Residential Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	0	0
Commercial Mortgage-Backed Securities [Member]
Investment securities	72,948	75,191
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	72,948	75,191
Commercial Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities	$ 0	$ 0

Note 8 - Fair Values of Finan_5

Note 8 - Fair Values of Financial Instruments - Reconciliation for Assets Measured at Fair Value on Recurring Basis Using significant Unobservable Inputs (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	$ 0	$ 0
US States and Political Subdivisions Debt Securities [Member]
Balance	5,965	22,114
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	0
Unrealized losses included in other comprehensive loss	(691)	(1,200)
Purchases	0	0
Sales	0	0
Maturities, prepayments, and calls	(26)	(4,840)
Transfers into level 3	0	0
Transfers out of level 3	0	(9,835)
Balance	5,248	6,239
Corporate Debt Securities [Member]
Balance	479	488
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings	0	0
Unrealized losses included in other comprehensive loss	(38)	(2)
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	$ 441	$ 486

Note 8 - Fair Values of Finan_6

Note 8 - Fair Values of Financial Instruments - Quantitative Information About Significant Unobservable Inputs Used in Fair Value Measurement (Details) $ in Thousands		Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Jun. 30, 2022 USD ($)
Investment securities		$ 389,583	$ 405,167
Loans individually evaluated for impairment		6,994		$ 18,053
Estimate of Fair Value Measurement [Member]
Investment securities		407,496	413,089
US States and Political Subdivisions Debt Securities [Member]
Investment securities		17,635	18,378
Corporate Debt Securities [Member]
Investment securities		29,436	29,942
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member]
Investment securities			$ 479
Investment securities, measurement input	[1]		0.04
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | US States and Political Subdivisions Debt Securities [Member]
Investment securities	[1]	$ 5,248	$ 5,965
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | US States and Political Subdivisions Debt Securities [Member] | Minimum [Member]
Investment securities, measurement input	[1]	0	0
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | US States and Political Subdivisions Debt Securities [Member] | Maximum [Member]
Investment securities, measurement input	[1]	0.11	0.12
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Appraised Value [Member] | Corporate Debt Securities [Member]
Investment securities	[1]	$ 441
Investment securities, measurement input	[1]	0.12
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member]
Impaired loans			$ 4,033
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Estimate of Fair Value Measurement [Member]
Loans individually evaluated for impairment		$ 615
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Minimum [Member]
Impaired loans, measurement input		7,000	0.04
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Maximum [Member]
Impaired loans, measurement input		100,000	1
Valuation Technique, Discounted Cash Flow [Member] | Measurement Input, Collateral Discounts and Estimated Costs to Sell [Member] | Weighted Average [Member]
Impaired loans, measurement input		36,000	0.53
[1]Fair values determined through valuation analysis using coupon, yield (discount margin), liquidity and expected repayment dates.

Note 8 - Fair Values of Finan_7

Note 8 - Fair Values of Financial Instruments - Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investment securities	$ 389,583	$ 405,167
Equity securities	1,134	1,245
Junior subordinated debt	8,574	8,515
Fair Value, Inputs, Level 1 [Member]
Equity securities	1,134	1,245
Fair Value, Inputs, Level 2 [Member]
Equity securities	0	0
Fair Value, Inputs, Level 3 [Member]
Equity securities	0	0
Reported Value Measurement [Member]
Cash and due from banks	65,779	40,066
Federal funds sold	128	193
Investment securities	407,395	413,472
Equity securities	14,938	27,254
Loans, net of allowance	2,054,819	2,080,403
Deposits, noninterest-bearing	488,311	580,741
Deposits, interest-bearing	1,692,542	1,501,624
Borrowings under BTFP and repurchase agreements	240,983
FHLB long-term advances	23,500	53,500
Junior subordinated debt	8,574	8,515
Subordinated debt	45,000	45,000
Federal funds sold	128	193
FHLB short-term advances		333,500
Reported Value Measurement [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	19,309
Interest rate swaps - gross liabilities	19,309
Estimate of Fair Value Measurement [Member]
Cash and due from banks	65,779	40,066
Federal funds sold	128	193
Investment securities	407,496	413,089
Equity securities	14,938	27,254
Loans, net of allowance	1,920,383	1,997,287
Deposits, noninterest-bearing	488,311	580,741
Deposits, interest-bearing	1,590,158	1,314,407
Borrowings under BTFP and repurchase agreements	240,983
FHLB long-term advances	22,492	52,147
Junior subordinated debt	8,574	8,515
Subordinated debt	43,489	42,980
Federal funds sold	128	193
FHLB short-term advances		333,500
Estimate of Fair Value Measurement [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	19,309
Interest rate swaps - gross liabilities	19,309
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and due from banks	65,779	40,066
Federal funds sold	128	193
Investment securities	0	0
Equity securities	1,134	1,245
Loans, net of allowance	0	0
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	0	0
Borrowings under BTFP and repurchase agreements	0
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	0	0
Federal funds sold	128	193
FHLB short-term advances		0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	0
Interest rate swaps - gross liabilities	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and due from banks	0	0
Federal funds sold	0	0
Investment securities	386,190	401,233
Equity securities	13,804	26,009
Loans, net of allowance	0	0
Deposits, noninterest-bearing	488,311	580,741
Deposits, interest-bearing	0	0
Borrowings under BTFP and repurchase agreements	240,983
FHLB long-term advances	0	0
Junior subordinated debt	0	0
Subordinated debt	43,489	42,980
Federal funds sold	0	0
FHLB short-term advances		333,500
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	19,309
Interest rate swaps - gross liabilities	19,309
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and due from banks	0	0
Federal funds sold	0	0
Investment securities	21,306	11,856
Equity securities	0	0
Loans, net of allowance	1,920,383	1,997,287
Deposits, noninterest-bearing	0	0
Deposits, interest-bearing	1,590,158	1,314,407
Borrowings under BTFP and repurchase agreements	0
FHLB long-term advances	22,492	52,147
Junior subordinated debt	8,574	8,515
Subordinated debt	0	0
Federal funds sold	0	0
FHLB short-term advances		$ 0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Interest rate swaps - gross assets	0
Interest rate swaps - gross liabilities	$ 0

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual)	6 Months Ended
	Jun. 30, 2023
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21%

Note 9 - Income Taxes - Expense

Note 9 - Income Taxes - Expense for Income Taxes and Effective Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Income tax expense	$ 1,509	$ 2,459	$ 2,383	$ 5,059
Effective tax rate	18.70%	20.70%	18.70%	20.60%

Note 10 - Commitments and Con_3

Note 10 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Commitment to Fund Investment in SBIC Qualified Funds	$ 1.6
Other Liabilities [Member]
Financing Receivable, Commitment to Lend	$ 0.2	$ 0.4

Note 10 - Commitments and Con_4

Note 10 - Commitments and Contingencies - Commitments to Extend Credit (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Commitments to Extend Credit [Member]
Commitments to extend credit	$ 336,427	$ 333,040
Standby Letters of Credit [Member]
Commitments to extend credit	$ 14,795	$ 11,379

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	Jan. 27, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating Lease, Lease Income		$ 100		$ 200
Occupancy, Net	$ 300	$ 646	$ 751	$ 1,670	$ 1,392
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)		1 year		1 year
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)		8 years		8 years
Other Assets [Member]
Operating Lease, Right-of-Use Asset		$ 2,200		$ 2,200
Operating Lease, Liability		$ 2,300		$ 2,300

Note 11 - Leases - Quantitative

Note 11 - Leases - Quantitative Information Regarding Operating Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Total operating lease cost	$ 228	$ 305
Weighted-average remaining lease term (in years) (Year)	7 years 6 months	7 years 4 months 24 days
Weighted-average discount rate	3.10%	2.90%

Note 11 - Leases - Future Minim

Note 11 - Leases - Future Minimum Lease Payment (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Remainder of 2023	$ 199
2024	325
2025	336
2026	339
2027	341
Thereafter	1,012
Total	$ 2,552