Skyline Bankshares (SLBK) 10-K 24 Mar 20 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 19, 2020	Jun. 30, 2019
Document Information [Line Items]
Entity Registrant Name	Parkway Acquisition Corp.
Entity Central Index Key	0001657642
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		6,067,275
Entity Public Float			$ 68,457,628
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 8,388	$ 8,858
Interest-bearing deposits with banks	34,861	12,159
Federal funds sold	1,138	18,990
Investment securities available for sale	32,881	45,428
Restricted equity securities	2,394	2,053
Loans, net of allowance for loan losses of $3,893 at December 31, 2019 and $3,495 at December 31, 2018	566,460	532,970
Cash value of life insurance	17,855	17,413
Foreclosed assets		753
Properties and equipment, net	23,437	20,685
Accrued interest receivable	2,072	2,084
Core deposit intangible	3,070	3,892
Goodwill	3,257	3,198
Deferred tax assets, net	985	1,853
Other assets	9,492	9,948
	706,290	680,284
Liabilities
Noninterest-bearing	165,900	160,166
Interest-bearing	445,311	441,702
Total deposits	611,211	601,868
FHLB Advances	10,000
Accrued interest payable	132	89
Other liabilities	3,519	2,705
	624,862	604,662
Commitments and contingencies (Note 18)
Stockholders’ Equity
Preferred stock, no par value; 5,000,000 shares authorized, none issued
Common stock, no par value; 25,000,000 shares authorized, 6,137,275 and 6,213,275 issued and outstanding at December 31, 2019 and 2018, respectively
Surplus	40,752	41,660
Retained earnings	41,600	35,929
Accumulated other comprehensive loss	(924)	(1,967)
	81,428	75,622
	$ 706,290	$ 680,284

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Allowance for loan losses	$ 3,893	$ 3,495
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	5,000,000	5,000,000
Preferred stock, issued (in shares)	0	0
Common stock, no par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	25,000,000	25,000,000
Common stock, issued (in shares)	6,137,275	6,213,275
Common stock, outstanding (in shares)	6,137,275	6,213,275

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest income
Loans and fees on loans	$ 29,177	$ 24,574
Interest-bearing deposits with banks	288	106
Federal funds sold	249	228
Interest on taxable securities	967	1,181
Dividends	121	97
	30,802	26,186
Interest expense
Deposits	2,852	1,867
Interest on borrowings	17	34
	2,869	1,901
Net interest income	27,933	24,285
Provision for loan losses	655	325
Net interest income after provision for loan losses	27,278	23,960
Noninterest income
Net realized gains on securities	49	5
Increase in cash value of life insurance	442	433
Life insurance income		303
Other income	309	122
	4,915	4,637
Noninterest expenses
Salaries and employee benefits	13,245	11,802
Occupancy and equipment	2,953	2,671
Foreclosed asset expense, net	3	32
Data processing expense	1,546	1,353
FDIC Assessments	50	231
Advertising	603	569
Bank franchise tax	438	438
Director fees	356	370
Professional fees	667	452
Telephone expense	371	415
Core deposit intangible amortization	822	578
Merger related expenses		1,978
Other expense	2,204	1,968
	23,258	22,857
Income before income taxes	8,935	5,740
Income tax expense	1,780	1,214
Net income	$ 7,155	$ 4,526
Basic earnings per share (in dollars per share)	$ 1.16	$ 0.81
Weighted average shares outstanding (in shares)	6,184,133	5,622,224
Dividends declared per share (in dollars per share)	$ 0.24	$ 0.20
Deposit Account [Member]
Noninterest income
Noninterest income	$ 1,652	$ 1,538
Financial Service, Other [Member]
Noninterest income
Noninterest income	2,004	1,840
Mortgage Banking [Member]
Noninterest income
Noninterest income	$ 459	$ 396

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 7,155	$ 4,526
Net change in pension reserve:
Change in pension reserve during the year	79	(64)
Tax related to change in pension reserve	(16)	13
Unrealized gains (losses) on investment securities available for sale:
Unrealized gains (losses) arising during the year	1,290	(509)
Tax related to unrealized (gains) losses	(271)	107
Reclassification of net realized gains during the year	(49)	(5)
Tax related to realized gains	10	1
Total other comprehensive income (loss)	1,043	(457)
Total comprehensive income	$ 8,198	$ 4,069

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2017	5,021,376
Balance at Dec. 31, 2017		$ 26,166	$ 32,526	$ (1,510)	$ 57,182
Net income			4,526		4,526
Other comprehensive income (loss)				(457)	(457)
Issuance of common stock in connection with acquisition of Great State Bank (in shares)	1,191,899
Issuance of common stock in connection with acquisition of Great State Bank		15,495			15,495
Redemption of fractional shares Issued in acquisition of Great State Bank		(1)			(1)
Dividends paid			(1,123)		$ (1,123)
Balance (in shares) at Dec. 31, 2018	6,213,275				6,213,275
Balance at Dec. 31, 2018		41,660	35,929	(1,967)	$ 75,622
Net income			7,155		7,155
Other comprehensive income (loss)				1,043	1,043
Dividends paid			(1,484)		(1,484)
Common stock repurchased (in shares)	(76,000)
Common stock repurchased		(908)			$ (908)
Balance (in shares) at Dec. 31, 2019	6,137,275				6,137,275
Balance at Dec. 31, 2019		$ 40,752	$ 41,600	$ (924)	$ 81,428

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Dividends paid per share (in dollars per share)	$ 0.24	$ 0.20

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities
Net income	$ 7,155	$ 4,526
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	1,224	1,187
Amortization of core deposit intangible	822	578
Accretion of loan discount and deposit premium, net	(2,175)	(1,539)
Provision for loan losses	655	325
Deferred income taxes	591	1,589
Net realized gains on securities	(49)	(5)
Accretion of discount on securities, net of amortization of premiums	411	521
Deferred compensation	(10)	19
Gains on sale of properties and equipment	(122)
Net realized loss on foreclosed assets		10
Life insurance income		(303)
Changes in assets and liabilities:
Cash value of life insurance	(442)	(434)
Accrued interest receivable	12	(13)
Other assets	1,206	(210)
Accrued interest payable	43	3
Other liabilities	95	25
Net cash provided by operating activities	9,416	6,279
Cash flows from investing activities
Purchases	(1,037)
Sales	8,914	18,366
Maturities/calls/paydowns	5,548	5,252
Purchases of restricted equity securities	(341)	(142)
Net increase in loans	(32,354)	(16,785)
Proceeds from life insurance contracts		672
Proceeds from the sale of foreclosed assets	753	480
Purchases of property and equipment, net of sales	(3,854)	(2,830)
Cash received in business combination		25,761
Net cash (used in) provided by investing activities	(22,371)	30,774
Cash flows from financing activities
Net increase (decrease) in deposits	9,727	(16,797)
Net change in FHLB advances	10,000	(2,000)
Cash paid for fractional shares		(1)
Common stock repurchased	(908)
Dividends paid	(1,484)	(1,123)
Net cash provided by (used in) financing activities	17,335	(19,921)
Net increase in cash and cash equivalents	4,380	17,132
Cash and cash equivalents, beginning	40,007	22,875
Cash and cash equivalents, ending	44,387	40,007
Supplemental disclosure of cash flow information
Interest paid	2,826	1,858
Taxes paid	850	135
Supplemental disclosure of noncash investing activities
Effect on equity of change in net unrealized loss on available for sale securities	980	(406)
Effect on equity of change in unfunded pension liability	63	(51)
Right-of-use assets obtained in exchange for new operating lease liabilities	729
Transfers of loans to foreclosed properties		1,163
Business combinations
Assets acquired		145,455
Liabilities assumed		132,960
Net assets		12,495
Goodwill recorded	59	3,198
Stock issued to acquire Great State Bank		$ 15,495

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. Organization Parkway Acquisition Corp. (“Parkway” or the “Company”) was incorporated as a Virginia corporation on November 2, 2015. November 6, 2015, 1.76 1.30 60% 40% July 1, 2016. March 13, 2017, On March 1, 2018, July 1, 2018. 1.21 1,191,899 $15.5 $145.5 $95.1 $133.0 $130.6 July 1, 2018. The Bank was organized under the laws of the United States in 1900 twenty two three Critical Accounting Policies Management believes the policies with respect to the methodology for the determination of the allowance for loan losses, and asset impairment judgments involve a higher degree of complexity and require management to make difficult and subjective judgments, such as the recoverability of intangible assets and other-than-temporary impairment of investment securities, involve a higher degree of complexity and require management to make difficult and subjective judgements that often require assumptions or estimates about highly uncertain matters. Changes in these judgments, assumptions or estimates could cause reported results to differ materially. These critical policies and their application are periodically reviewed with the Audit Committee and the Board of Directors. Principles of Consolidation The consolidated financial statements include the accounts of the Company and the Bank, which is wholly owned. All significant, intercompany transactions and balances have been eliminated in consolidation. Business Segments The Company reports its activities as a single business segment. In determining the appropriateness of segment definition, the Company considers components of the business about which financial information is available and regularly evaluated relative to resource allocation and performance assessment. Business Combinations Generally, acquisitions are accounted for under the acquisition method of accounting in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805, one one not No Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans. In connection with the determination of the allowances for loan and foreclosed real estate losses, management obtains independent appraisals for significant properties. Substantially all of the Bank’s loan portfolio consists of loans in its market area. Accordingly, the ultimate collectability of a substantial portion of the Bank’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate are susceptible to changes in local market conditions. The regional economy is diverse, but influenced to an extent by the manufacturing and agricultural segments. While management uses available information to recognize loan and foreclosed real estate losses, future additions to the allowances may may may The Company seeks strategies that minimize the tax effect of implementing their business strategies. As such, judgments are made regarding the ultimate consequence of long-term tax planning strategies, including the likelihood of future recognition of deferred tax benefits. The Company’s tax returns are subject to examination by both Federal and State authorities. Such examinations may Accounting for pension benefits, costs and related liabilities are developed using actuarial valuations. These valuations include key assumptions determined by management, including the discount rate and expected long-term rate of return on plan assets. Material changes in pension costs may Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents includes cash and amounts due from banks (including cash items in process of collection), interest-bearing deposits with banks and federal funds sold. Trading Securities The Company does not not Securities Held to Maturity Bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. The Company does not Securities Available for Sale Available for sale securities are reported at fair value and consist of bonds, notes, debentures, and certain equity securities not Unrealized holding gains and losses, net of tax, on available for sale securities are reported as a net amount in a separate component of accumulated other comprehensive income. Realized gains and losses on the sale of available for sale securities are determined using the specific-identification method. Premiums and discounts are recognized in interest income using the interest method over the period to earliest call date. Declines in the fair value of individual held to maturity and available for sale securities below cost that are other than temporary are reflected as write-downs of the individual securities to fair value. Related write-downs are included in earnings as realized losses. Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal amount adjusted for any charge-offs and the allowance for loan losses. Loan origination costs are capitalized and recognized as an adjustment to yield over the life of the related loan. Interest is accrued and credited to income based on the principal amount outstanding. The accrual of interest on impaired loans is discontinued when, in management’s opinion, the borrower may first Purchased Performing Loans – no Purchased Credit-Impaired (PCI) Loans not may not Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance, or portion thereof, is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific, general and unallocated components. The specific component is calculated on an individual basis for larger-balance, non-homogeneous loans, which are considered impaired. A specific allowance is established when the discounted cash flows, collateral value (less disposal costs), or observable market price of the impaired loan is lower than its carrying value. The specific component of the allowance for smaller- balance loans whose terms have been modified in a troubled debt restructuring (TDR) is calculated on a pooled basis considering historical experience adjusted for qualitative factors. The general component covers non-impaired loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not Troubled Debt Restructurings Under GAAP, the Bank is required to account for certain loan modifications or restructurings as “troubled debt restructurings” or "troubled debt restructured loans." In general, the modification or restructuring of a debt constitutes a troubled debt restructuring if the Bank for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the borrower that the Bank would not not not Property and Equipment Land is carried at cost. Bank premises, furniture and equipment are carried at cost, less accumulated depreciation and amortization computed principally by the straight-line method over the following estimated useful lives: Years Buildings and improvements 10 - 40 Furniture and equipment 5 - 12 Foreclosed Assets Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value less anticipated cost to sell at the date of foreclosure, establishing a new cost basis. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in foreclosure expense on the consolidated statements of income. Pension Plan Prior to the Cardinal merger, both Grayson National Bank (Grayson) and Bank of Floyd (Floyd) had qualified noncontributory defined benefit pension plans in place which covered substantially all of each bank’s employees. The benefits in each plan are primarily based on years of service and earnings. Both Grayson and Floyd plans were amended to freeze benefit accruals for all eligible employees prior to the effective date of the Cardinal merger. Grayson’s plan is a single-employer plan, the funded status of which is measured as the difference between the fair value of plan assets and the projected benefit obligation. Floyd’s plan is a multi-employer plan for accounting purposes and is a multiple-employer plan under the Employee Retirement Income Security Act of 1974 Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not Goodwill and Other Intangible A ssets Goodwill arises from business combinations and is generally determined as the excess of fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquire, over the fair value of the nets assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not July 1 July 1, 2019, no Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven Revenue Recognition On January 1, 2018, 2014 9, Revenue from Contracts with Customers (“ASU Topic 606” 2014 09 not 2014 09 not 2014 09 January 1, 2018 no not 606 Service Charges on Deposit Accounts - Other Service Charges and Fees - O Credit and Debit Card Fees - Insurance and Investment - Income Taxes Provision for income taxes is based on amounts reported in the statements of income (after exclusion of non-taxable income such as interest on state and municipal securities) and consists of taxes currently due plus deferred taxes on temporary differences in the recognition of income and expense for tax and financial statement purposes. Deferred tax assets and liabilities are included in the financial statements at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, not 50 not 50 not not not not Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale and changes in the funded status of the pension plan which are also recognized as separate components of equity. The accumulated balances related to each component of other comprehensive income (loss) are as follows: (dollars in thousands) Unrealized Gains And Losses On Available for Sale Securities Defined Benefit Pension Items Total Balance, December 31, 201 7 $ (523 ) $ (987 ) $ (1,510 ) Other comprehensive income (loss) before reclassifications (402 ) (51 ) (453 ) Amounts reclassified from accumulated other comprehensive loss (4 ) - (4 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Other comprehensive income (loss) before Reclassifications 1,019 63 1,082 Amounts reclassified from accumulated other comprehensive loss (39 ) - (39 ) Balance, December 31, 201 9 $ 51 $ (975 ) $ (924 ) Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the years ended December 31, 2019 2018 $603 $569 Basic Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits and dividends. Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under line of credit arrangements, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 14. Reclassification Certain reclassifications have been made to the prior years’ financial statements to place them on a comparable basis with the current presentation. Net income and stockholders’ equity previously reported were not Recent Accounting Pronouncements The following accounting standards may In February 2016, December 15, 2018, Effective January 1, 2019, not 10 In June 2016, No. 2016 13 July 2019, December 31, 2022, October 16, 2019 In November 2019, 2016 13, Financial Instruments—Credit Losses (Topic 326 not 2016 13, December 15, 2022, 2016 13. not In January 2017, not 2 not December 15, 2019 . January 1, 2017. not In August 2018, December 15, 2019. not In August 2018, Conceptual Framework for Financial Reporting—Chapter 8: December 15, 2019. not In March 2019, December 15, 2019 . not In April 2019, December 15, 2019. December 15, 2019, December 15, 2020. December 15, 2019, not In May 2019, 2016 13, December 15, 2022. not In July 2019, not In November 2019, not December 15, 2022, In December 2019, 740 December 15, 2020, not Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not

Note 2 - Business Combinations

Note 2 - Business Combinations	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 2. On July 1, 2018, 1. 1.21 1,191,899 third one The following table presents the Great State assets acquired and liabilities assumed as of July 1, 2018 (dollars in thousands) As Reported by Fair Value As Reported by Great State Adjustments Parkway Assets Cash and cash equivalents $ 25,761 $ - - $ 25,761 Investment securities 19,630 (229 ) (a) 19,401 Restricted equity securities 523 - - 523 Loans 97,549 (2,441 ) (b) 95,108 Allowance for loan losses (1,436 ) 1,436 (c) - Property and equipment 1,207 189 (d) 1,396 Intangible assets - 2,425 (e) 2,425 Accrued interest receivable 334 - - 334 Other assets 599 (151 ) (f) 448 Total assets acquired $ 144,167 $ 1,229 $ 145,396 Liabilities Deposits $ 129,611 $ 940 (g) $ 130,551 Borrowings 2,000 - - 2,000 Accrued interest payable 40 - - 40 Other liabilities 352 17 (h) 369 Total liabilities acquired $ 132,003 $ 957 $ 132,960 Net assets acquired 12,436 Elimination of Company’s existing investment in Great State 198 Stock consideration 15,495 Goodwill $ 3,257 Explanation of fair value adjustments: (a) Reflects the opening fair value of securities portfolio, which was established as the new book basis of the portfolio. (b) Reflects the fair value adjustment based on the Company’s third (c) Existing allowance for loan losses eliminated to reflect accounting guidance. (d) Estimated adjustment to Great State’s real property based upon third (e) Reflects the recording of the estimated core deposit intangible based on the Company’s third (f) Recording of deferred tax asset generated by the net fair value adjustments (tax rate = 21% (g) Estimated fair value adjustment to time deposits based on the Company’s third (h) Reflects the fair value adjustment based on the Company’s evaluation of acquired other liabilities. The merger was accounted for under the acquisition method of accounting. The assets and liabilities of Great State have been recorded at their estimated fair values and added to those of Parkway for periods following the merger date. Valuations of acquired Great State assets and liabilities were subject to refinement for up to one There are two 310 30. 310 20. In determining the fair values of acquired loans without evidence of credit deterioration at the date of acquisition, management includes (i) no To the extent that current information indicates it is probable that the Company will collect all amounts according to the contractual terms thereof, such loan is not not not Subsequent to the acquisition date, increases in cash flows expected to be received in excess of the Company’s initial estimates are reclassified from nonaccretable difference to accretable yield and are accreted into interest income on a level-yield basis over the remaining life of the loan. Decreases in cash flows expected to be collected are recognized as impairment through the provision for loan losses. Supplemental Pro Forma Information (dollars in thousands except per share data) The table below presents supplemental pro forma information as if the Great State acquisition had occurred at the beginning of the earliest period presented, which was January 1, 2018. not not $2.0 December 31, 2018 not Year Ended December 31, 2018 (Unaudited) Net interest income $ 24,262 Net income (a) $ 4,508 Basic and diluted weighted average shares outstanding (b) 6,213,275 Basic and diluted earnings per common share $ 1.07 (a) Supplemental pro forma net income includes the impact of certain fair value adjustments. Supplemental pro forma net income does not (b) Weighted average shares outstanding includes the full effect of the common stock issued in connection with the Great State acquisition as of the earliest reporting date. It is impractical to disclose the net interest income, non-interest income, and net income of Great State from the acquisition date of July 1, 2018 December 31, 2018 September 7, 2018,

Note 3 - Restrictions on Cash

Note 3 - Restrictions on Cash	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 3. To comply with banking regulations, the Bank is required to maintain certain average cash reserve balances. At December 31, 2019, no December 31, 2018 $6.3

Note 4 - Investment Securities

Note 4 - Investment Securities	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 4. Debt and equity securities have been classified in the consolidated balance sheets according to management’s intent. The amortized cost of securities and their approximate fair values at December 31 (dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value 201 9 Available for sale: U.S. Government Agencies $ - $ - $ - $ - Mortgage-backed securities 19,540 61 (97 ) 19,504 Corporate securities 1,500 - (67 ) 1,433 State and municipal securities 11,777 168 (1 ) 11,944 $ 32,817 $ 229 $ (165 ) $ 32,881 2018 Available for sale: U.S. Government Agencies $ 244 $ 1 $ - $ 245 Mortgage-backed securities 25,627 1 (865 ) 24,763 Corporate securities 2,970 - (181 ) 2,789 State and municipal securities 17,764 31 (164 ) 17,631 $ 46,605 $ 33 $ (1,210 ) $ 45,428 Restricted equity securities were $2.4 $2.1 December 31, 2019 2018, may The following tables details unrealized losses and related fair values in the Company’s held to maturity and available for sale investment securities portfolios. This information is aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of December 31, 2019 2018. Less Than 12 Months 12 Months or More Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses 201 9 Available for sale: Mortgage-backed securities $ 8,625 $ (97 ) $ - $ - $ 8,625 $ (97 ) Corporate securities - - 1,433 (67 ) 1,433 (67 ) State and municipal securities 1,010 (1 ) - - 1,010 (1 ) Total securities available for sale $ 9,635 $ (98 ) $ 1,433 $ (67 ) $ 11,068 $ (165 ) 2018 Available for sale: Mortgage-backed securities $ 450 $ (1 ) $ 24,227 $ (864 ) $ 24,677 $ (865 ) Corporate securities - - 2,789 (181 ) 2,789 (181 ) State and municipal securities 5,518 (19 ) 6,834 (145 ) 12,352 (164 ) Total securities available for sale $ 5,968 $ (20 ) $ 33,850 $ (1,190 ) $ 39,818 $ (1,210 ) At December 31, 2019, 7 1.47 not not none December 31, 2019. no not Proceeds from the sales of investment securities available for sale were $8.9 $18.4 December 31, 2019 2018, $2.2 $1.1 December 31, 2019 2018, December 31 (dollars in thousands) 201 9 201 8 Realized gains $ 92 $ 9 Realized losses (43 ) (4 ) $ 49 $ 5 There were no may The scheduled maturities of securities available for sale at December 31, 2019, (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 1,289 $ 1,290 Due after one year through five years 7,176 7,214 Due after five years through ten years 15,014 14,987 Due after ten years 9,338 9,390 $ 32,817 $ 32,881 Maturities of mortgage backed securities are based on contractual amounts. Actual maturity will vary as loans underlying the securities are prepaid. Investment securities with amortized cost of approximately $15.5 $13.9 December 31, 2019 2018

Note 5 - Loans Receivable

Note 5 - Loans Receivable	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 5. The major components of loans in the consolidated balance sheets at December 31, 2019 December 31, 2018 (dollars in thousands) 2019 2018 Construction & development $ 39,649 $ 33,449 Farmland 34,166 33,291 Residential 253,674 235,689 Commercial mortgage 190,817 176,192 Commercial & agricultural 32,426 37,491 Consumer & other 19,621 20,353 Total loans 570,353 536,465 Allowance for loan losses (3,893 ) (3,495 ) Loans, net of allowance for loan losses $ 566,460 $ 532,970 The major components of loans, net of fair value adjustments, acquired from Great State Bank as of July 1, 2018, (dollars in thousands) Construction & development $ 7,496 Farmland 720 Residential 26,006 Commercial mortgage 47,953 Commercial & agricultural 11,793 Consumer & other 1,140 Total loans acquired $ 95,108 As of December 31, 2019 2018, 1 4

Note 6 - Allowance for Loan Los

Note 6 - Allowance for Loan Losses and Impaired Loans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 6. Allowance for Loan Losses The allowance for loan losses is maintained at a level believed to be sufficient to provide for estimated loan losses based on evaluating known and inherent risks in the loan portfolio. The allowance is provided based upon management’s comprehensive analysis of the pertinent factors underlying the quality of the loan portfolio. These factors include changes in the amount and composition of the loan portfolio, delinquency levels, actual loss experience, current economic conditions, and detailed analysis of individual loans for which the full collectability may not A provision for loan losses is charged against operations and is added to the allowance for loan losses based on quarterly comprehensive analyses of the loan portfolio. The allowance for loan losses is allocated to certain loan categories based on the relative risk characteristics, asset classifications and actual loss experience of the loan portfolio. While management has allocated the allowance for loan losses to various loan portfolio segments, the allowance is general in nature and is available for the loan portfolio in its entirety. The following table presents activity in the allowance by loan category and information on the loans evaluated individually for impairment and collectively evaluated for impairment as of December 31, 2019 December 31, 2018: Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total December 31, 2019 Allowance for loan losses: Beginning Balance $ 246 $ 385 $ 1,807 $ 682 $ 281 $ 94 $ 3,495 Charge-offs - (13 ) (55 ) (41 ) (77 ) (212 ) (398 ) Recoveries - - 8 69 10 54 141 Provision 59 115 62 214 (3 ) 208 655 Ending Balance $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Loans outstanding: Ending Balance $ 39,649 $ 34,166 $ 253,674 $ 190,817 $ 32,426 $ 19,621 $ 570,353 Ending balance: individually evaluated for impairment $ - $ 3,240 $ 909 $ - $ - $ - $ 4,149 Ending balance: collectively evaluated for impairment $ 39,649 $ 30,926 $ 252,765 $ 190,817 $ 32,426 $ 19,621 $ 566,204 December 31, 2018 Allowance for loan losses: Beginning Balance $ 239 $ 358 $ 1,875 $ 619 $ 282 $ 80 $ 3,453 Charge-offs (20 ) - (117 ) (142 ) (23 ) (175 ) (477 ) Recoveries - 34 44 69 9 38 194 Provision 27 (7 ) 5 136 13 151 325 Ending Balance $ 246 $ 385 $ 1,807 $ 682 $ 281 $ 94 $ 3,495 Ending balance: individually evaluated for impairment $ - $ 29 $ 12 $ - $ - $ - $ 41 Ending balance: collectively evaluated for impairment $ 246 $ 356 $ 1,795 $ 682 $ 281 $ 94 $ 3,454 Loans outstanding: Ending Balance $ 33,449 $ 33,291 $ 235,689 $ 176,192 $ 37,491 $ 20,353 $ 536,465 Ending balance: individually evaluated for impairment $ - $ 4,552 $ 1,018 $ - $ - $ - $ 5,570 Ending balance: collectively evaluated for impairment $ 33,449 $ 28,739 $ 234,671 $ 176,192 $ 37,491 $ 20,353 $ 530,895 As of December 31, 2019 December 31, 2018, no Management closely monitors the quality of the loan portfolio and has established a loan review process designed to help grade the quality of the Bank’s loan portfolio. The Bank’s loan ratings coincide with the “Substandard,” “Doubtful” and “Loss” classifications used by federal regulators in their examination of financial institutions. Generally, an asset is considered Substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. Substandard assets include those characterized by the distinct possibility that the insured financial institution will sustain some loss if the deficiencies are not not not one December 31, 2019 December 31, 2018, no The following table lists the loan grades utilized by the Bank and the corresponding total of outstanding loans in each category as of December 31, 2019 December 31, 2018: Credit Risk Profile by Internally Assigned Grades Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total December 31, 2019 Real Estate Secured: Construction & development $ 34,701 $ 4,801 $ - $ 147 $ 39,649 Farmland 22,969 4,059 673 6,465 34,166 Residential 231,629 19,887 176 1,982 253,674 Commercial mortgage 163,584 21,960 930 4,343 190,817 Non-Real Estate Secured: Commercial & agricultural 27,503 4,346 103 474 32,426 Consumer & other 19,314 300 - 7 19,621 Total $ 499,700 $ 55,353 $ 1,882 $ 13,418 $ 570,353 December 31, 2018 Real Estate Secured: Construction & development $ 31,237 $ 2,044 $ 147 $ 21 $ 33,449 Farmland 23,250 4,933 750 4,358 33,291 Residential 213,670 18,794 299 2,926 235,689 Commercial mortgage 148,179 23,468 1,212 3,333 176,192 Non-Real Estate Secured: Commercial & agricultural 33,537 2,908 70 976 37,491 Consumer & other 18,975 1,364 - 14 20,353 Total $ 468,848 $ 53,511 $ 2,478 $ 11,628 $ 536,465 Loans may may first The following table presents an age analysis of nonaccrual and past due loans by category as of December 31, 2019 December 31, 2018: (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans 90+ Days Past Due and Still Accruing Nonaccrual Loans December 31, 2019 Real Estate Secured: Construction & development $ - $ - $ 10 $ 10 $ 39,639 $ 39,649 $ - $ 10 Farmland 893 - 971 1,864 32,302 34,166 - 4,192 Residential 292 48 365 705 252,969 253,674 - 412 Commercial mortgage 185 - - 185 190,632 190,817 - 198 Non-Real Estate Secured: Commercial & agricultural 135 8 163 306 32,120 32,426 - 165 Consumer & other 2 6 2 10 19,611 19,621 - 2 Total $ 1,507 $ 62 $ 1,511 $ 3,080 $ 567,273 $ 570,353 $ - $ 4,979 December 31, 2018 Real Estate Secured: Construction & development $ 29 $ - $ - $ 29 $ 33,420 $ 33,449 $ - $ - Farmland 71 100 989 1,160 32,131 33,291 - 3,914 Residential 762 145 241 1,148 234,541 235,689 - 653 Commercial mortgage - - 604 604 175,588 176,192 - 740 Non-Real Estate Secured: Commercial & agricultural 7 - 264 271 37,220 37,491 - 264 Consumer & other 12 18 8 38 20,315 20,353 - 8 Total $ 881 $ 263 $ 2,106 $ 3,250 $ 533,215 $ 536,465 $ - $ 5,579 Impaired Loans A loan is considered impaired when it is probable that the Bank will be unable to collect all contractual principal and interest payments due in accordance with the original or modified terms of the loan agreement. Smaller balance homogenous loans may not may third third may As of December 31, 2019 December 31, 2018, $7.8 $10.3 December 31, 2019 December 31, 2018, $2.9 $2.8 December 31, 2019 December 31, 2018, $4.1 $3.4 not $4.8 $7.3 December 31, 2019 December 31, 2018, The categories of non-accrual loans and impaired loans overlap, although they are not In 2015, $250,000 December 31, 2019 December 31, 2018, $3.6 $4.7 $174 $259 The following table is a summary of information related to impaired loans as of December 31, 2019 December 31, 2018: Impaired Loans (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2019 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 3,240 3,240 - 3,505 25 Residential 909 909 - 921 40 Commercial mortgage - - - - - Commercial & agricultural - - - - - Consumer & other - - - - - Subtotal 4,149 4,149 - 4,426 65 With an allowance recorded: Construction & development 72 72 3 76 6 Farmland 150 150 2 1,545 70 Residential 3,345 3,495 166 4,161 225 Commercial mortgage 11 56 1 268 11 Commercial & agricultural 31 31 1 34 2 Consumer & other 3 3 1 4 - Subtotal 3,612 3,807 174 6,088 314 Totals: Construction & development 72 72 3 76 6 Farmland 3,390 3,390 2 5,050 95 Residential 4,254 4,404 166 5,082 265 Commercial mortgage 11 56 1 268 11 Commercial & agricultural 31 31 1 34 2 Consumer & other 3 3 1 4 - Total $ 7,761 $ 7,956 $ 174 $ 10,514 $ 379 1 (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2018 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 3,284 3,284 - 3,523 23 Residential 85 85 - 448 13 Commercial mortgage - - - - - Commercial & agricultural - 24 - - - Consumer & other - - - - - Subtotal 3,369 3,393 - 3,971 36 With an allowance recorded: Construction & development 69 69 4 306 11 Farmland 1,539 1,539 38 1,568 86 Residential 5,005 5,162 241 5,348 266 Commercial mortgage 275 358 15 522 27 Commercial & agricultural 37 37 2 47 3 Consumer & other 4 4 - 4 - Subtotal 6,929 7,169 300 7,795 393 Totals: Construction & development 69 69 4 306 11 Farmland 4,823 4,823 38 5,091 109 Residential 5,090 5,247 241 5,796 279 Commercial mortgage 275 358 15 522 27 Commercial & agricultural 37 61 2 47 3 Consumer & other 4 4 - 4 - Total $ 10,298 $ 10,562 $ 300 $ 11,766 $ 429 1 Troubled Debt Restructuring A troubled debt restructured loan is a loan for which the Bank, for reasons related to the borrower’s financial difficulties, grants a concession to the borrower that the Bank would not The loan terms which have been modified or restructured due to a borrower’s financial difficulty, include but are not $4.8 $7.3 December 31, 2019 December 31, 2018, The following table sets forth information with respect to the Bank’s troubled debt restructurings as of December 31, 2019 December 31, 2018: TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) (dollars in thousands) Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment December 31, 2019 Construction & development 1 $ 9 $ 11 - $ - $ - Farmland 1 38 37 - - - Residential 1 117 128 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 3 $ 164 $ 176 - $ - $ - During the twelve December 31, 2019, three two No twelve December 31, 2019. ( 1 30 TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) (dollars in thousands) Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment December 31, 2018 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential 2 80 95 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other 1 5 4 - - - Total 3 $ 85 $ 99 - $ - $ - During the twelve December 31, 2018, three No twelve December 31, 2018. ( 1 30 Purchased Credit Impaired Loans During 2018, not December 31, 2019 December 31, 2018 (dollars in thousands) 2019 2018 Residential $ 150 $ 167 Commercial mortgage 321 347 Commercial & agricultural 146 200 Outstanding balance $ 617 $ 714 Carrying amount $ 617 $ 714 There was no There were no December 31, 2019. December 31, 2018 not (dollars in thousands) December 31, 2018 Contractually required payments receivable of loans purchased during the year: Residential $ 233 Commercial mortgage 1,724 Commercial & agricultural 221 $ 2,178 Cash flows expected to be collected at acquisition $ 1,781 Fair value of acquired loans at acquisition $ 1,781 Income is not December 31, 2019 December 31, 2018 (dollars in thousands) 2019 2018 Loans at beginning of year $ 714 $ - Loans purchased during the year $ - $ 1,781 Loans at end of period $ 617 $ 714

Note 7 - Property and Equipment

Note 7 - Property and Equipment	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 7. Components of property and equipment and total accumulated depreciation at December 31, 2019 2018, (dollars in thousands) 201 9 201 8 Land $ 5,747 $ 4,935 Buildings and improvements 19,352 17,493 Furniture and equipment 12,482 11,228 37,581 33,656 Less accumulated depreciation (14,144 ) (12,971 ) $ 23,437 $ 20,685 Depreciation expense for the years ended December 31, 2019 2018 $1.2 $1.2

Note 8 - Cash Value of Life Ins

Note 8 - Cash Value of Life Insurance	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Life Insurance, Corporate or Bank Owned [Text Block]	Note 8. The Bank is owner and beneficiary of life insurance policies on certain employees and directors. Policy cash values totaled approximately $17.9 $17.4 December 31, 2019 2018,

Note 9 - Goodwill and Intangibl

Note 9 - Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 9. The change in goodwill during the years ended December 31, 2019 2018 (dollars in thousands) 2019 2018 Beginning of year $ 3,198 $ - Acquired goodwill as result of Great State merger - 3,198 Measurement period adjustment 59 - Impairment - - End of the period $ 3,257 $ 3,198 Intangible Assets The following table presents the activity for the Company’s core deposit intangible assets, which are the only identifiable intangible assets subject to amortization. Core deposit intangibles at December 31, 2019 2018 (dollars in thousands) 2019 2018 Balance at beginning of year, net $ 3,892 $ 2,045 Core deposit intangible as result of Great State merger - 2,425 Amortization expense (822 ) (578 ) Net book value $ 3,070 $ 3,892

Note 10 - Leases

Note 10 - Leases	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 10 . Leases On January 1, 2019, No. 2016 02 “Leases (Topic 842 842. Contracts that commence subsequent to adoption are evaluated to determine whether they are or contain a lease in accordance with Topic 842. 842 not not 12 Lease liabilities represent the Company’s obligation to make lease payments and are presented at each reporting date as the net present value of the remaining contractual cash flows. Cash flows are discounted at the Company’s incremental borrowing rate in effect at the commencement date of the lease. For our incremental borrowing rate, we used the Federal Home Loan Bank available at the time of the lease. The right-of-use assets represent the Company’s right to use the underlying asset for the lease term and are calculated as the sum of the lease liability and if applicable, prepaid rent, initial direct costs and any incentives received from the lessor. The contracts in which the Company is lessee are with parties external to the Company and not (dollars in thousands) 201 9 Lease liabilities $ 729 Right-of-use assets $ 729 Weighted average remaining lease term (years) 8.06 Weighted average discount rate 2.39 % (dollars in thousands) 201 9 Lease Expense Operating lease expense $ 73 Short-term lease expense 97 Total lease expense $ 170 Cash paid for amounts included in lease liabilities $ 73 The following table presents a maturity schedule of undiscounted cash flows that contribute to the lease liabilities: (dollars in thousands) Twelve months ending December 31, 2020 $ 123 Twelve months ending December 31, 2021 128 Twelve months ending December 31, 2022 97 Twelve months ending December 31, 2023 66 Twelve months ending December 31, 2024 68 Thereafter 330 Total undiscounted cash flows $ 812 Less discount (83 ) Lease liabilities $ 729

Note 11 - Deposits

Note 11 - Deposits	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 1 1 . Deposits The aggregate amount of time deposits in denominations of more than $250 December 31, 2019 2018 $38.7 $30.6 December 31, 2019, (dollars in thousands) 2020 $ 61,499 2021 78,377 2022 27,141 2023 12,359 2024 12,612 After Five Years - Total $ 191,988

Note 12 - Short-term Debt

Note 12 - Short-term Debt	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Short-term Debt [Text Block]	Note 1 2 . Short-Term Debt At December 31, 2019 2018 no At December 31, 2019, $52.5 $163.5

Note 13 - Long-term Debt

Note 13 - Long-term Debt	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Long-term Debt [Text Block]	Note 1 3 . Long-Term Debt At December 31, 2019, $10.0 1 4 December 6, 2029. 0.819 March 6, 2020. At December 31, 2018 no

Note 14 - Financial Instruments

Note 14 - Financial Instruments	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	Note 1 4 . Financial Instruments FASB ASC 825, not not not 825 not The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of December 31, 2019 December 31, 2018. no For loans, the carrying amount is net of unearned income and the allowance for loan losses. In accordance with the prospective adoption of ASU No. 2016 01, December 31, 2019 2018 Fair Value Measurements (dollars in thousands) Carrying Amount Fair Value Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2019 Financial Instruments – Assets Net Loans $ 566,460 $ 557,054 $ - $ 556,851 $ 203 Financial Instruments – Liabilities Time Deposits 191,988 192,365 - 192,365 - FHLB Advances 10,000 10,021 10,021 - - December 31, 2018 Financial Instruments – Assets Net Loans $ 532,970 $ 529,155 $ - $ 528,784 $ 371 Financial Instruments – Liabilities Time Deposits 180,143 176,188 - 176,188 - The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. Securities available for sale and derivatives are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may Fair Value Hierarchy Under FASB ASC 820, three Level 1 Level 2 not Level 3 one not may Following is a description of valuation methodologies used for assets and liabilities recorded at fair value. Investment Securities Available for Sale Investment securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not 1 2 3 Loans The Company does not not one not December 31, 2019, 2. no 3. Derivative Assets and Liabilities Derivative instruments held or issued by the Company for risk management purposes are traded in over-the-counter markets where quoted market prices are not third 2. 2 No December 31, 2019 2018. Foreclosed Assets Foreclosed assets are adjusted to fair value upon transfer of the loans to foreclosed assets. Subsequently, foreclosed assets are carried at the lower of carrying value or fair value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price the Company records the foreclosed asset as nonrecurring Level 2. no 3. Assets Recorded at Fair Value on a Recurring Basis (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Investment securities available for sale U.S. Government Agencies $ - $ - $ - $ - Mortgage-backed securities 19,504 - 19,504 - Corporate securities 1,433 - 1,433 - State and municipal securities 11,944 - 11,944 - Total assets at fair value $ 32,881 $ - $ 32,881 $ - December 31, 2018 Investment securities available for sale U.S. Government Agencies $ 245 $ - $ 245 $ - Mortgage-backed securities 24,763 - 24,763 - Corporate securities 2,789 - 2,789 - State and municipal securities 17,631 - 17,631 - Total assets at fair value $ 45,428 $ - $ 45,428 $ - No December 31, 2019 2018. no December 31, 2019 2018. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may No December 31, 2019 2018. (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Impaired loans $ 203 $ - $ - $ 203 Total assets at fair value $ 203 $ - $ - $ 203 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2018 Impaired loans $ 371 $ - $ - $ 371 Foreclosed assets 753 - - 753 Total assets at fair value $ 1,124 $ - $ - $ 1,124 For Level 3 December 31, 2019 2018, Fair Value at December 31, 2019 Fair Value at December 31, 2018 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 203 $ 371 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Other Real Estate Owned $ - $ 753 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 0%

Note 15 - Employee Benefit Plan

Note 15 - Employee Benefit Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note 1 5 . Employee Benefit Plans Prior to the merger, both Grayson National Bank (Grayson) and Bank of Floyd (Floyd) had qualified noncontributory defined benefit pension plans in place which covered substantially all of each bank’s employees. The benefits in each plan are primarily based on years of service and earnings. Both Grayson and Floyd plans were amended to freeze benefit accruals for all eligible employees prior to the effective date of the merger. A summary of each plan follows: Grayson Plan The following is a summary of the plan’s funded status as of December 31: (dollars in thousands) 2019 2018 Change in benefit obligation Benefit obligation at beginning of year $ 4,493 $ 5,223 Interest cost 182 173 Actuarial (gain) loss 827 (824 ) Benefits paid (267 ) (79 ) Settlement (gain) loss (13 ) - Benefit obligation at end of year 5,222 4,493 Change in plan assets Fair value of plan assets at beginning of year 8,092 8,513 Actual return on plan assets 1,332 (342 ) Benefits paid (267 ) (79 ) Fair value of plan assets at end of year 9,157 8,092 Funded status at the end of the year $ 3,935 $ 3,599 (dollars in thousands) 2019 2018 Amounts recognized in the Balance Sheet Plan benefit cost $ 5,169 $ 4,912 Unrecognized net actuarial loss (1,234 ) (1,313 ) Amount recognized in other assets $ 3,935 $ 3,599 Amounts recognized in accumulated comprehensive income (loss) Unrecognized net actuarial loss $ (1,234 ) $ (1,313 ) Deferred taxes 259 275 Amount recognized in accumulated comprehensive income (loss), net $ (975 ) $ (1,038 ) Prepaid benefit detail Benefit obligation $ (5,222 ) $ (4,493 ) Fair value of assets 9,157 8,092 Unrecognized net actuarial loss 1,234 1,313 Prepaid benefit cost 5,169 4,912 Components of net periodic pension cost Interest cost $ 182 $ 173 Expected return on plan assets (551 ) (576 ) Recognized net loss due to settlement 71 - Recognized net actuarial loss 41 30 Net periodic benefit expense (257 ) (373 ) Additional disclosure information Accumulated benefit obligation $ 5,222 $ 4,493 Vested benefit obligation $ 5,222 $ 4,493 Discount rate used for net periodic pension cost 4.25 % 3.50 % Discount rate used for disclosure 3.25 % 4.25 % Expected return on plan assets 7.00 % 7.00 % Rate of compensation increase N/A N/A Average remaining service (years) 11 12 Using the same fair value hierarchy described in Note 14, (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Cash equivalents and short term investments $ - $ - $ - $ - Mutual funds – equities 4,749 4,749 - - Mutual funds – fixed income 4,408 4,408 - - Total assets at fair value $ 9,157 $ 9,157 $ - $ - December 31, 2018 Cash equivalents and short term investments $ - $ - $ - $ - Mutual funds – equities 3,848 3,848 - - Mutual funds – fixed income 4,244 4,244 - - Total assets at fair value $ 8,092 $ 8,092 $ - $ - Estimated Future Benefit Payments (dollars in thousands) Pension Benefits 2020 $ 430 2021 275 2022 230 2023 1,206 2024 425 2025 – 2029 1,303 $ 3,869 Funding Policy It has been Bank practice to contribute the maximum tax-deductible amount each year as determined by the plan administrator. As a result of prior year contributions exceeding the minimum requirements, a Prefunding Balance existed as of December 31, 2019 no 2020. not 2020. Long-Term Rate of Return The plan sponsor selects the expected long-term rate-of-return-on-assets assumption in consultation with their investment advisors and actuary. This rate is intended to reflect the average rate of earnings expected to be earned on the funds invested or to be invested to provide plan benefits. Historical performance is reviewed – especially with respect to real rates of return (net of inflation) – for the major asset classes held, or anticipated to be held by the trust, and for the trust itself. Undue weight is not may not Because assets are held in a qualified trust, anticipated returns are not not not Asset Allocation The pension plan’s weighted-average asset allocations at December 31, 2019 2018, 2019 2018 Mutual funds – fixed income 48 % 52 % Mutual funds – equity 52 % 48 % Cash and equivalents 0 % 0 % Total 100 % 100 % The trust fund is sufficiently diversified to maintain a reasonable level of risk without imprudently sacrificing return, with a targeted asset allocation of 50 50 It is the responsibility of the Trustee to administer the investments of the Trust within reasonable costs, being careful to avoid sacrificing quality. These costs include, but are not Floyd Plan The Company participates in the Pentegra Defined Benefit Plan for Financial Institutions (“The Pentegra DB Plan”), a tax-qualified defined-benefit pension plan. The Pentegra DB Plan operates as a multi-employer plan for accounting purposes and is a multiple-employer plan under the Employee Retirement Income Security Act of 1974 no The Pentegra DB Plan is a single plan under Internal Revenue Code Section 413 may Funded Status (market value of plan assets divided by funding target) as of July 1 , 2019 Valuation 2018 Valuation Source Report Report Bank of Floyd Plan 103.97 % 106.44 % Employer Contributions Plan expenses paid by the Company totaled approximately $64 $54 December 31, 2019 2018,

Note 16 - Deferred Compensation

Note 16 - Deferred Compensation and Supplemental Executive Retirement Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Compensation and Employee Benefit Plans, Other than Share-based Compensation [Text Block]	Note 16. Deferred compensation plans have been adopted for certain executive officers and members of the Board of Directors for future compensation upon retirement. Under plan provisions aggregate annual payments ranging from $1,992 $37,200 ten 65. $209 $258 December 31, 2019 2018, $18 $23 2019 2018, 8 Supplemental executive retirement plans for certain executive officers were adopted in 2017. $12,875 $80,000, $222 $143 December 31, 2019 2018, $79 $107 2019 2018, Prior to the Cardinal merger, the Bank of Floyd had adopted supplemental executive plans to provide benefits for two $69 20 4.00%. $728 $768 December 31, 2019 2018, $29 $32 2019 2018,

Note 17 - Income Taxes

Note 17 - Income Taxes	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 17. Current and Deferred Income Tax Components The components of income tax expense (benefit) (substantially all Federal) are as follows: (dollars in thousands) 2019 2018 Current $ 1,189 $ (375 ) Deferred 591 1,589 $ 1,780 $ 1,214 Rate Reconciliation A reconciliation of income tax expense computed at the statutory federal income tax rate to income tax expense (benefit) included in the statements of income follows: (dollars in thousands) 2019 2018 Tax at statutory federal rate $ 1,877 $ 1,205 Tax exempt interest income (52 ) (49 ) Tax exempt insurance income (92 ) (155 ) State income tax, net of federal benefit 48 21 Merger expenses - 162 Other (1 ) 30 Deferred tax asset re-measurement - - $ 1,780 $ 1,214 Deferred Income Tax Analysis The significant components of net deferred tax assets (all Federal) at December 31, 2019 2018 (dollars in thousands) 2019 2018 Deferred tax assets Allowance for loan losses $ 838 $ 603 Acquired loan credit mark 684 1,061 Deferred compensation 315 322 Investment impairment charge recorded directly to stockholders’ equity as a component of other comprehensive income 47 57 Minimum pension liability 259 276 Net operating loss carryforward 1,666 1,738 Alternative minimum tax credit carryforward - 294 Net unrealized losses on securities available for sale - 247 Nonaccrual interest income 445 206 Purchase accounting adjustments 1 144 Other 103 216 $ 4,358 $ 5,164 Deferred tax liabilities Deferred loan origination costs 365 635 Core deposit intangible 661 831 Accrued pension costs 1,113 1,049 Depreciation 1,059 795 Merger expenses 161 - Net unrealized losses on securities available for sale 14 - Accretion of discount on investment securities, net - 1 $ 3,373 $ 3,311 Net deferred tax asset $ 985 $ 1,853 The Bank has analyzed the tax positions taken or expected to be taken in its tax returns and concluded it has no 2016 Deferred tax assets or liabilities are initially recognized for differences between the financial statement carrying amount and the tax basis of assets and liabilities which will result in future deductible or taxable amounts and operating loss and tax credit carry-forwards. A valuation allowance is then established, as applicable, to reduce the deferred tax asset to the level at which it is “more likely than not” may 1 2 3 no December 31, 2019 2018. $7.9 not 2031. not.

Note 18 - Commitments and Conti

Note 18 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 18. Litigation In the normal course of business the Bank is involved in various legal proceedings. After consultation with legal counsel, management believes that any liability resulting from such proceedings will not Financial Instruments with Off-Balance Sheet Risk The Bank is party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, credit risk in excess of the amount recognized in the consolidated balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as for on-balance sheet instruments. A summary of the Bank’s commitments at December 31, 2019 2018 (dollars in thousands) 2019 2018 Commitments to extend credit $ 95,190 $ 76,977 Standby letters of credit 1,313 1,227 $ 96,503 $ 78,204 Commitments to extend credit are agreements to lend to a customer as long as there is no may not may Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third Concentrations of Credit Risk Substantially all of the Bank’s loans, commitments to extend credit, and standby letters of credit have been granted to customers in the Bank’s market area and such customers are generally depositors of the Bank. Investments in state and municipal securities involve governmental entities within and outside the Bank’s market area. The concentrations of credit by type of loan are set forth in Note 5. not $5,000,000.

Note 19 - Transactions With Rel

Note 19 - Transactions With Related Parties	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 19. The Bank has entered into transactions with its directors, significant stockholders and their affiliates (related parties). Such transactions were made in the ordinary course of business on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and did not, Aggregate 2019 2018 (dollars in thousands) 2019 2018 Balance, beginning $ 7,549 $ 4,769 New loans 2,053 2,662 Repayments (2,735 ) (2,502 ) Change in relationship 102 2,620 Balance, ending $ 6,969 $ 7,549 The Company has accepted deposits during the ordinary course of business from certain directors and executive officers of the Company and from their affiliates and associates. The total amount of these deposits outstanding was $8.6 $8.2 December 31, 2019 2018,

Note 20 - Regulatory Restrictio

Note 20 - Regulatory Restrictions	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 20. Dividends The Company’s dividend payments are generally made from dividends received from the Bank. Under applicable federal law, the Comptroller of the Currency restricts national bank total dividend payments in any calendar year to net profits of that year, as defined, combined with retained net profits for the two Intercompany Transactions The Bank’s legal lending limit on loans to the Company is governed by Federal Reserve Act 23A, may 10 20 10 not $7.9 December 31, 2019. No 23A December 31, 2019. Capital Requirements The Bank is subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory - and possibly additional discretionary - actions by regulators that, if undertaken, could have a direct material effect on the Bank's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank's assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Effective January 1, 2015, 1 4.5% 1 6% 8% 4% January 1, 2019, 1 4.5%, 2.5% 4.5% 1 1 7% 1 6.0%, 2.5% 6.0% 1 1 8.5% 8.0%, 2.5% 8.0% 10.5% 4%, 1 Under Basel III Capital requirements, a capital conservation buffer of 0.625% January 1, 2016. January 1, 2019 2.50%. 5.53% December 31, 2019. The rules also revised the prompt corrective action framework, which is designed to place restrictions on insured depository institutions if their capital levels begin to show signs of weakness. Under the prompt corrective action requirements, which are designed to complement the capital conservation buffer, insured depository institutions are required to meet the following capital level requirements in order to qualify as “well capitalized:” a common equity Tier 1 6.5%; 1 8%; 10%; 1 5%. The Company meets eligibility criteria of a small bank holding company in accordance with the Federal Reserve Board’s Small Bank Holding Company Policy Statement, and is not December 31, 2019 2018. January 1, 2015. Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio December 31, 2019 Total Capital (to risk weighted assets) $ 78,652 13.53 % $ 46,499 8.00 % $ 58,124 10.00 % Tier 1 Capital (to risk weighted assets) $ 74,726 12.86 % $ 34,874 6.00 % $ 46,499 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 74,726 12.86 % $ 26,156 4.50 % $ 37,780 6.50 % Tier 1 Capital (to average total assets) $ 74,726 10.80 % $ 27,680 4.00 % $ 34,599 5.00 % December 31, 2018 Total Capital (to risk weighted assets) $ 71,424 13.00 % $ 43,943 8.00 % $ 54,929 10.00 % Tier 1 Capital (to risk weighted assets) $ 67,899 12.36 % $ 32,958 6.00 % $ 43,943 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 67,899 12.36 % $ 24,718 4.50 % $ 35,704 6.50 % Tier 1 Capital (to average total assets) $ 67,899 10.08 % $ 26,932 4.00 % $ 33,664 5.00 % On September 17, 2019 In order to qualify for the CBLR framework, a community banking organization must have a Tier 1 9.00%, $10.0 not The CBLR framework will be available for banks to use in their March 31, 2020,

Note 21 - Parent Company Financ

Note 21 - Parent Company Financial Information	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 2 1 . Parent Company Financial Information Condensed financial information of Parkway Acquisition Corp. is presented as follows: Balance Sheets December 31, 2019 2018 (dollars in thousands) 2019 2018 Assets Cash and due from banks $ 52 $ 1,409 Federal funds sold 532 - Investment in affiliate bank 80,587 73,813 Other assets 326 468 Total assets $ 81,497 $ 75,690 Liabilities Other liabilities $ 69 $ 68 Stockholders’ Equity Common stock - - Surplus 40,752 41,660 Retained earnings 41,600 35,929 Accumulated other comprehensive loss (924 ) (1,967 ) Total stockholders’ equity 81,428 75,622 Total liabilities and stockholders’ equity $ 81,497 $ 75,690 Statements of Income For the years ended December 31, 2019 2018 (dollars in thousands) 2019 2018 Income Dividends from affiliate bank $ 1,484 $ 1,123 Federal funds sold 3 - Other income - 1 1,487 1,124 Expenses Management and professional fees 74 68 Other expenses 5 8 79 76 Income before tax benefit and equity in undistributed income of affiliate 1,408 1,048 Federal income tax benefit 16 16 Income before equity in undistributed income of affiliate 1,424 1,064 Equity in undistributed income of affiliate 5,731 3,462 Net income $ 7,155 $ 4,526 Statements of Cash Flows For the years ended December 31, 2019 2018 (dollars in thousands) 2019 2018 Cash flows from operating activities Net income $ 7,155 $ 4,526 Adjustments to reconcile net income to net cash provided by operations: Equity in undistributed income of affiliate (5,731 ) (3,462 ) Change in other assets 142 (80 ) Change in other liabilities 1 31 Net cash provided by operating activities 1,567 1,015 Cash flows from investing activities Net decrease in loans - - Cash received in business combination - - Net cash provided by investing activities - - Cash flows from financing activities Cash paid for fractional shares - (1 ) Common stock repurchased (908 ) - Dividends paid (1,484 ) (1,123 ) Net cash used by financing activities (2,392 ) (1,124 ) Net decrease in cash and cash equivalents (825 ) (109 ) Cash and cash equivalents, beginning 1,409 1,518 Cash and cash equivalents, ending $ 584 $ 1,409 Business combinations Elimination of Company’s existing investment in Great State Bank $ - $ 198 Stock issued to acquire Great State Bank $ - $ 15,495

Note 22 - Subsequent Events

Note 22 - Subsequent Events	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	Note 2 2 . Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not no The 2019 19” may 19 December 2019 January 2020, 10 1.00% March 3, 2020 first may may March 3, 2020, 50 1.00% 1.25%. March 16, 2020, 100 0.00% 0.25%. 19 may

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Critical Accounting Policies Management believes the policies with respect to the methodology for the determination of the allowance for loan losses, and asset impairment judgments involve a higher degree of complexity and require management to make difficult and subjective judgments, such as the recoverability of intangible assets and other-than-temporary impairment of investment securities, involve a higher degree of complexity and require management to make difficult and subjective judgements that often require assumptions or estimates about highly uncertain matters. Changes in these judgments, assumptions or estimates could cause reported results to differ materially. These critical policies and their application are periodically reviewed with the Audit Committee and the Board of Directors.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and the Bank, which is wholly owned. All significant, intercompany transactions and balances have been eliminated in consolidation.
Segment Reporting, Policy [Policy Text Block]	Business Segments The Company reports its activities as a single business segment. In determining the appropriateness of segment definition, the Company considers components of the business about which financial information is available and regularly evaluated relative to resource allocation and performance assessment.
Business Combinations Policy [Policy Text Block]	Business Combinations Generally, acquisitions are accounted for under the acquisition method of accounting in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 805, one one not No
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans. In connection with the determination of the allowances for loan and foreclosed real estate losses, management obtains independent appraisals for significant properties. Substantially all of the Bank’s loan portfolio consists of loans in its market area. Accordingly, the ultimate collectability of a substantial portion of the Bank’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate are susceptible to changes in local market conditions. The regional economy is diverse, but influenced to an extent by the manufacturing and agricultural segments. While management uses available information to recognize loan and foreclosed real estate losses, future additions to the allowances may may may The Company seeks strategies that minimize the tax effect of implementing their business strategies. As such, judgments are made regarding the ultimate consequence of long-term tax planning strategies, including the likelihood of future recognition of deferred tax benefits. The Company’s tax returns are subject to examination by both Federal and State authorities. Such examinations may Accounting for pension benefits, costs and related liabilities are developed using actuarial valuations. These valuations include key assumptions determined by management, including the discount rate and expected long-term rate of return on plan assets. Material changes in pension costs may
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents includes cash and amounts due from banks (including cash items in process of collection), interest-bearing deposits with banks and federal funds sold.
Marketable Securities, Trading Securities [Policy Text Block]	Trading Securities The Company does not not
Marketable Securities, Held-to-maturity Securities [Policy Text Block]	Securities Held to Maturity Bonds, notes, and debentures for which the Company has the positive intent and ability to hold to maturity are reported at cost, adjusted for premiums and discounts that are recognized in interest income using the interest method over the period to maturity. The Company does not
Marketable Securities, Available-for-sale Securities [Policy Text Block]	Securities Available for Sale Available for sale securities are reported at fair value and consist of bonds, notes, debentures, and certain equity securities not Unrealized holding gains and losses, net of tax, on available for sale securities are reported as a net amount in a separate component of accumulated other comprehensive income. Realized gains and losses on the sale of available for sale securities are determined using the specific-identification method. Premiums and discounts are recognized in interest income using the interest method over the period to earliest call date. Declines in the fair value of individual held to maturity and available for sale securities below cost that are other than temporary are reflected as write-downs of the individual securities to fair value. Related write-downs are included in earnings as realized losses.
Policy Loans Receivable, Policy [Policy Text Block]	Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are reported at their outstanding principal amount adjusted for any charge-offs and the allowance for loan losses. Loan origination costs are capitalized and recognized as an adjustment to yield over the life of the related loan. Interest is accrued and credited to income based on the principal amount outstanding. The accrual of interest on impaired loans is discontinued when, in management’s opinion, the borrower may first Purchased Performing Loans – no Purchased Credit-Impaired (PCI) Loans not may not
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance, or portion thereof, is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific, general and unallocated components. The specific component is calculated on an individual basis for larger-balance, non-homogeneous loans, which are considered impaired. A specific allowance is established when the discounted cash flows, collateral value (less disposal costs), or observable market price of the impaired loan is lower than its carrying value. The specific component of the allowance for smaller- balance loans whose terms have been modified in a troubled debt restructuring (TDR) is calculated on a pooled basis considering historical experience adjusted for qualitative factors. The general component covers non-impaired loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Bank does not
Troubled Debt Restructuring [Policy Text Block]	Troubled Debt Restructurings Under GAAP, the Bank is required to account for certain loan modifications or restructurings as “troubled debt restructurings” or "troubled debt restructured loans." In general, the modification or restructuring of a debt constitutes a troubled debt restructuring if the Bank for economic or legal reasons related to the borrower’s financial difficulties grants a concession to the borrower that the Bank would not not not
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Land is carried at cost. Bank premises, furniture and equipment are carried at cost, less accumulated depreciation and amortization computed principally by the straight-line method over the following estimated useful lives: Years Buildings and improvements 10 - 40 Furniture and equipment 5 - 12
Financing Receivable, Held-for-investment, Foreclosed Asset [Policy Text Block]	Foreclosed Assets Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value less anticipated cost to sell at the date of foreclosure, establishing a new cost basis. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in foreclosure expense on the consolidated statements of income.
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	Pension Plan Prior to the Cardinal merger, both Grayson National Bank (Grayson) and Bank of Floyd (Floyd) had qualified noncontributory defined benefit pension plans in place which covered substantially all of each bank’s employees. The benefits in each plan are primarily based on years of service and earnings. Both Grayson and Floyd plans were amended to freeze benefit accruals for all eligible employees prior to the effective date of the Cardinal merger. Grayson’s plan is a single-employer plan, the funded status of which is measured as the difference between the fair value of plan assets and the projected benefit obligation. Floyd’s plan is a multi-employer plan for accounting purposes and is a multiple-employer plan under the Employee Retirement Income Security Act of 1974
Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Policy [Policy Text Block]	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Intangible A ssets Goodwill arises from business combinations and is generally determined as the excess of fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquire, over the fair value of the nets assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not July 1 July 1, 2019, no Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition On January 1, 2018, 2014 9, Revenue from Contracts with Customers (“ASU Topic 606” 2014 09 not 2014 09 not 2014 09 January 1, 2018 no not 606 Service Charges on Deposit Accounts - Other Service Charges and Fees - O Credit and Debit Card Fees - Insurance and Investment -
Income Tax, Policy [Policy Text Block]	Income Taxes Provision for income taxes is based on amounts reported in the statements of income (after exclusion of non-taxable income such as interest on state and municipal securities) and consists of taxes currently due plus deferred taxes on temporary differences in the recognition of income and expense for tax and financial statement purposes. Deferred tax assets and liabilities are included in the financial statements at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, not 50 not 50 not not not not
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale and changes in the funded status of the pension plan which are also recognized as separate components of equity. The accumulated balances related to each component of other comprehensive income (loss) are as follows: (dollars in thousands) Unrealized Gains And Losses On Available for Sale Securities Defined Benefit Pension Items Total Balance, December 31, 201 7 $ (523 ) $ (987 ) $ (1,510 ) Other comprehensive income (loss) before reclassifications (402 ) (51 ) (453 ) Amounts reclassified from accumulated other comprehensive loss (4 ) - (4 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Other comprehensive income (loss) before Reclassifications 1,019 63 1,082 Amounts reclassified from accumulated other comprehensive loss (39 ) - (39 ) Balance, December 31, 201 9 $ 51 $ (975 ) $ (924 )
Advertising Cost [Policy Text Block]	Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the years ended December 31, 2019 2018 $603 $569
Earnings Per Share, Policy [Policy Text Block]	Basic Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period, after giving retroactive effect to stock splits and dividends.
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under line of credit arrangements, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 14.
Reclassification, Policy [Policy Text Block]	Reclassification Certain reclassifications have been made to the prior years’ financial statements to place them on a comparable basis with the current presentation. Net income and stockholders’ equity previously reported were not
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements The following accounting standards may In February 2016, December 15, 2018, Effective January 1, 2019, not 10 In June 2016, No. 2016 13 July 2019, December 31, 2022, October 16, 2019 In November 2019, 2016 13, Financial Instruments—Credit Losses (Topic 326 not 2016 13, December 15, 2022, 2016 13. not In January 2017, not 2 not December 15, 2019 . January 1, 2017. not In August 2018, December 15, 2019. not In August 2018, Conceptual Framework for Financial Reporting—Chapter 8: December 15, 2019. not In March 2019, December 15, 2019 . not In April 2019, December 15, 2019. December 15, 2019, December 15, 2020. December 15, 2019, not In May 2019, 2016 13, December 15, 2022. not In July 2019, not In November 2019, not December 15, 2022, In December 2019, 740 December 15, 2020, not Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not

Note 1 - Organization and Sum_2

Note 1 - Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Useful Lives of Property, Plant and Equipment [Table Text Block]	Years Buildings and improvements 10 - 40 Furniture and equipment 5 - 12
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	(dollars in thousands) Unrealized Gains And Losses On Available for Sale Securities Defined Benefit Pension Items Total Balance, December 31, 201 7 $ (523 ) $ (987 ) $ (1,510 ) Other comprehensive income (loss) before reclassifications (402 ) (51 ) (453 ) Amounts reclassified from accumulated other comprehensive loss (4 ) - (4 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Balance, December 31, 201 8 $ (929 ) $ (1,038 ) $ (1,967 ) Other comprehensive income (loss) before Reclassifications 1,019 63 1,082 Amounts reclassified from accumulated other comprehensive loss (39 ) - (39 ) Balance, December 31, 201 9 $ 51 $ (975 ) $ (924 )

Note 2 - Business Combinations

Note 2 - Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(dollars in thousands) As Reported by Fair Value As Reported by Great State Adjustments Parkway Assets Cash and cash equivalents $ 25,761 $ - - $ 25,761 Investment securities 19,630 (229 ) (a) 19,401 Restricted equity securities 523 - - 523 Loans 97,549 (2,441 ) (b) 95,108 Allowance for loan losses (1,436 ) 1,436 (c) - Property and equipment 1,207 189 (d) 1,396 Intangible assets - 2,425 (e) 2,425 Accrued interest receivable 334 - - 334 Other assets 599 (151 ) (f) 448 Total assets acquired $ 144,167 $ 1,229 $ 145,396 Liabilities Deposits $ 129,611 $ 940 (g) $ 130,551 Borrowings 2,000 - - 2,000 Accrued interest payable 40 - - 40 Other liabilities 352 17 (h) 369 Total liabilities acquired $ 132,003 $ 957 $ 132,960 Net assets acquired 12,436 Elimination of Company’s existing investment in Great State 198 Stock consideration 15,495 Goodwill $ 3,257
Business Acquisition, Pro Forma Information [Table Text Block]	Year Ended December 31, 2018 (Unaudited) Net interest income $ 24,262 Net income (a) $ 4,508 Basic and diluted weighted average shares outstanding (b) 6,213,275 Basic and diluted earnings per common share $ 1.07

Note 4 - Investment Securities

Note 4 - Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	(dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value 201 9 Available for sale: U.S. Government Agencies $ - $ - $ - $ - Mortgage-backed securities 19,540 61 (97 ) 19,504 Corporate securities 1,500 - (67 ) 1,433 State and municipal securities 11,777 168 (1 ) 11,944 $ 32,817 $ 229 $ (165 ) $ 32,881 2018 Available for sale: U.S. Government Agencies $ 244 $ 1 $ - $ 245 Mortgage-backed securities 25,627 1 (865 ) 24,763 Corporate securities 2,970 - (181 ) 2,789 State and municipal securities 17,764 31 (164 ) 17,631 $ 46,605 $ 33 $ (1,210 ) $ 45,428
Schedule of Unrealized Loss on Investments [Table Text Block]	Less Than 12 Months 12 Months or More Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses 201 9 Available for sale: Mortgage-backed securities $ 8,625 $ (97 ) $ - $ - $ 8,625 $ (97 ) Corporate securities - - 1,433 (67 ) 1,433 (67 ) State and municipal securities 1,010 (1 ) - - 1,010 (1 ) Total securities available for sale $ 9,635 $ (98 ) $ 1,433 $ (67 ) $ 11,068 $ (165 ) 2018 Available for sale: Mortgage-backed securities $ 450 $ (1 ) $ 24,227 $ (864 ) $ 24,677 $ (865 ) Corporate securities - - 2,789 (181 ) 2,789 (181 ) State and municipal securities 5,518 (19 ) 6,834 (145 ) 12,352 (164 ) Total securities available for sale $ 5,968 $ (20 ) $ 33,850 $ (1,190 ) $ 39,818 $ (1,210 )
Schedule of Realized Gain (Loss) [Table Text Block]	(dollars in thousands) 201 9 201 8 Realized gains $ 92 $ 9 Realized losses (43 ) (4 ) $ 49 $ 5
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 1,289 $ 1,290 Due after one year through five years 7,176 7,214 Due after five years through ten years 15,014 14,987 Due after ten years 9,338 9,390 $ 32,817 $ 32,881

Note 5 - Loans Receivable (Tabl

Note 5 - Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) 2019 2018 Construction & development $ 39,649 $ 33,449 Farmland 34,166 33,291 Residential 253,674 235,689 Commercial mortgage 190,817 176,192 Commercial & agricultural 32,426 37,491 Consumer & other 19,621 20,353 Total loans 570,353 536,465 Allowance for loan losses (3,893 ) (3,495 ) Loans, net of allowance for loan losses $ 566,460 $ 532,970
Summary of Loans Acquired in Acquisition [Table Text Block]	(dollars in thousands) Construction & development $ 7,496 Farmland 720 Residential 26,006 Commercial mortgage 47,953 Commercial & agricultural 11,793 Consumer & other 1,140 Total loans acquired $ 95,108

Note 6 - Allowance for Loan L_2

Note 6 - Allowance for Loan Losses and Impaired Loans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total December 31, 2019 Allowance for loan losses: Beginning Balance $ 246 $ 385 $ 1,807 $ 682 $ 281 $ 94 $ 3,495 Charge-offs - (13 ) (55 ) (41 ) (77 ) (212 ) (398 ) Recoveries - - 8 69 10 54 141 Provision 59 115 62 214 (3 ) 208 655 Ending Balance $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Loans outstanding: Ending Balance $ 39,649 $ 34,166 $ 253,674 $ 190,817 $ 32,426 $ 19,621 $ 570,353 Ending balance: individually evaluated for impairment $ - $ 3,240 $ 909 $ - $ - $ - $ 4,149 Ending balance: collectively evaluated for impairment $ 39,649 $ 30,926 $ 252,765 $ 190,817 $ 32,426 $ 19,621 $ 566,204 December 31, 2018 Allowance for loan losses: Beginning Balance $ 239 $ 358 $ 1,875 $ 619 $ 282 $ 80 $ 3,453 Charge-offs (20 ) - (117 ) (142 ) (23 ) (175 ) (477 ) Recoveries - 34 44 69 9 38 194 Provision 27 (7 ) 5 136 13 151 325 Ending Balance $ 246 $ 385 $ 1,807 $ 682 $ 281 $ 94 $ 3,495 Ending balance: individually evaluated for impairment $ - $ 29 $ 12 $ - $ - $ - $ 41 Ending balance: collectively evaluated for impairment $ 246 $ 356 $ 1,795 $ 682 $ 281 $ 94 $ 3,454 Loans outstanding: Ending Balance $ 33,449 $ 33,291 $ 235,689 $ 176,192 $ 37,491 $ 20,353 $ 536,465 Ending balance: individually evaluated for impairment $ - $ 4,552 $ 1,018 $ - $ - $ - $ 5,570 Ending balance: collectively evaluated for impairment $ 33,449 $ 28,739 $ 234,671 $ 176,192 $ 37,491 $ 20,353 $ 530,895
Financing Receivable Credit Quality Indicators [Table Text Block]	Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total December 31, 2019 Real Estate Secured: Construction & development $ 34,701 $ 4,801 $ - $ 147 $ 39,649 Farmland 22,969 4,059 673 6,465 34,166 Residential 231,629 19,887 176 1,982 253,674 Commercial mortgage 163,584 21,960 930 4,343 190,817 Non-Real Estate Secured: Commercial & agricultural 27,503 4,346 103 474 32,426 Consumer & other 19,314 300 - 7 19,621 Total $ 499,700 $ 55,353 $ 1,882 $ 13,418 $ 570,353 December 31, 2018 Real Estate Secured: Construction & development $ 31,237 $ 2,044 $ 147 $ 21 $ 33,449 Farmland 23,250 4,933 750 4,358 33,291 Residential 213,670 18,794 299 2,926 235,689 Commercial mortgage 148,179 23,468 1,212 3,333 176,192 Non-Real Estate Secured: Commercial & agricultural 33,537 2,908 70 976 37,491 Consumer & other 18,975 1,364 - 14 20,353 Total $ 468,848 $ 53,511 $ 2,478 $ 11,628 $ 536,465
Financing Receivable, Past Due [Table Text Block]	(dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans 90+ Days Past Due and Still Accruing Nonaccrual Loans December 31, 2019 Real Estate Secured: Construction & development $ - $ - $ 10 $ 10 $ 39,639 $ 39,649 $ - $ 10 Farmland 893 - 971 1,864 32,302 34,166 - 4,192 Residential 292 48 365 705 252,969 253,674 - 412 Commercial mortgage 185 - - 185 190,632 190,817 - 198 Non-Real Estate Secured: Commercial & agricultural 135 8 163 306 32,120 32,426 - 165 Consumer & other 2 6 2 10 19,611 19,621 - 2 Total $ 1,507 $ 62 $ 1,511 $ 3,080 $ 567,273 $ 570,353 $ - $ 4,979 December 31, 2018 Real Estate Secured: Construction & development $ 29 $ - $ - $ 29 $ 33,420 $ 33,449 $ - $ - Farmland 71 100 989 1,160 32,131 33,291 - 3,914 Residential 762 145 241 1,148 234,541 235,689 - 653 Commercial mortgage - - 604 604 175,588 176,192 - 740 Non-Real Estate Secured: Commercial & agricultural 7 - 264 271 37,220 37,491 - 264 Consumer & other 12 18 8 38 20,315 20,353 - 8 Total $ 881 $ 263 $ 2,106 $ 3,250 $ 533,215 $ 536,465 $ - $ 5,579
Impaired Financing Receivables [Table Text Block]	(dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2019 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 3,240 3,240 - 3,505 25 Residential 909 909 - 921 40 Commercial mortgage - - - - - Commercial & agricultural - - - - - Consumer & other - - - - - Subtotal 4,149 4,149 - 4,426 65 With an allowance recorded: Construction & development 72 72 3 76 6 Farmland 150 150 2 1,545 70 Residential 3,345 3,495 166 4,161 225 Commercial mortgage 11 56 1 268 11 Commercial & agricultural 31 31 1 34 2 Consumer & other 3 3 1 4 - Subtotal 3,612 3,807 174 6,088 314 Totals: Construction & development 72 72 3 76 6 Farmland 3,390 3,390 2 5,050 95 Residential 4,254 4,404 166 5,082 265 Commercial mortgage 11 56 1 268 11 Commercial & agricultural 31 31 1 34 2 Consumer & other 3 3 1 4 - Total $ 7,761 $ 7,956 $ 174 $ 10,514 $ 379 (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2018 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 3,284 3,284 - 3,523 23 Residential 85 85 - 448 13 Commercial mortgage - - - - - Commercial & agricultural - 24 - - - Consumer & other - - - - - Subtotal 3,369 3,393 - 3,971 36 With an allowance recorded: Construction & development 69 69 4 306 11 Farmland 1,539 1,539 38 1,568 86 Residential 5,005 5,162 241 5,348 266 Commercial mortgage 275 358 15 522 27 Commercial & agricultural 37 37 2 47 3 Consumer & other 4 4 - 4 - Subtotal 6,929 7,169 300 7,795 393 Totals: Construction & development 69 69 4 306 11 Farmland 4,823 4,823 38 5,091 109 Residential 5,090 5,247 241 5,796 279 Commercial mortgage 275 358 15 522 27 Commercial & agricultural 37 61 2 47 3 Consumer & other 4 4 - 4 - Total $ 10,298 $ 10,562 $ 300 $ 11,766 $ 429
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) (dollars in thousands) Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment December 31, 2019 Construction & development 1 $ 9 $ 11 - $ - $ - Farmland 1 38 37 - - - Residential 1 117 128 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 3 $ 164 $ 176 - $ - $ - TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) (dollars in thousands) Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number of contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment December 31, 2018 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential 2 80 95 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other 1 5 4 - - - Total 3 $ 85 $ 99 - $ - $ -
Schedule of Business Acquisition, Carrying Amount of Acquired Loans [Table Text Block]	(dollars in thousands) 2019 2018 Residential $ 150 $ 167 Commercial mortgage 321 347 Commercial & agricultural 146 200 Outstanding balance $ 617 $ 714 Carrying amount $ 617 $ 714
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	(dollars in thousands) December 31, 2018 Contractually required payments receivable of loans purchased during the year: Residential $ 233 Commercial mortgage 1,724 Commercial & agricultural 221 $ 2,178 Cash flows expected to be collected at acquisition $ 1,781 Fair value of acquired loans at acquisition $ 1,781
Carrying Amount of Purchased Credit Impaired Loans [Table Text Block]	(dollars in thousands) 2019 2018 Loans at beginning of year $ 714 $ - Loans purchased during the year $ - $ 1,781 Loans at end of period $ 617 $ 714

Note 7 - Property and Equipme_2

Note 7 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Property, Plant and Equipment [Table Text Block]	(dollars in thousands) 201 9 201 8 Land $ 5,747 $ 4,935 Buildings and improvements 19,352 17,493 Furniture and equipment 12,482 11,228 37,581 33,656 Less accumulated depreciation (14,144 ) (12,971 ) $ 23,437 $ 20,685

Note 9 - Goodwill and Intangi_2

Note 9 - Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Goodwill [Table Text Block]	(dollars in thousands) 2019 2018 Beginning of year $ 3,198 $ - Acquired goodwill as result of Great State merger - 3,198 Measurement period adjustment 59 - Impairment - - End of the period $ 3,257 $ 3,198
Schedule of Finite-Lived Intangible Assets [Table Text Block]	(dollars in thousands) 2019 2018 Balance at beginning of year, net $ 3,892 $ 2,045 Core deposit intangible as result of Great State merger - 2,425 Amortization expense (822 ) (578 ) Net book value $ 3,070 $ 3,892

Note 10 - Leases (Tables)

Note 10 - Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Lease, Cost [Table Text Block]	(dollars in thousands) 201 9 Lease liabilities $ 729 Right-of-use assets $ 729 Weighted average remaining lease term (years) 8.06 Weighted average discount rate 2.39 % (dollars in thousands) 201 9 Lease Expense Operating lease expense $ 73 Short-term lease expense 97 Total lease expense $ 170 Cash paid for amounts included in lease liabilities $ 73
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(dollars in thousands) Twelve months ending December 31, 2020 $ 123 Twelve months ending December 31, 2021 128 Twelve months ending December 31, 2022 97 Twelve months ending December 31, 2023 66 Twelve months ending December 31, 2024 68 Thereafter 330 Total undiscounted cash flows $ 812 Less discount (83 ) Lease liabilities $ 729

Note 11 - Deposits (Tables)

Note 11 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Time Deposit Maturities [Table Text Block]	2020 $ 61,499 2021 78,377 2022 27,141 2023 12,359 2024 12,612 After Five Years - Total $ 191,988

Note 14 - Financial Instrumen_2

Note 14 - Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements (dollars in thousands) Carrying Amount Fair Value Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2019 Financial Instruments – Assets Net Loans $ 566,460 $ 557,054 $ - $ 556,851 $ 203 Financial Instruments – Liabilities Time Deposits 191,988 192,365 - 192,365 - FHLB Advances 10,000 10,021 10,021 - - December 31, 2018 Financial Instruments – Assets Net Loans $ 532,970 $ 529,155 $ - $ 528,784 $ 371 Financial Instruments – Liabilities Time Deposits 180,143 176,188 - 176,188 -
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Investment securities available for sale U.S. Government Agencies $ - $ - $ - $ - Mortgage-backed securities 19,504 - 19,504 - Corporate securities 1,433 - 1,433 - State and municipal securities 11,944 - 11,944 - Total assets at fair value $ 32,881 $ - $ 32,881 $ - December 31, 2018 Investment securities available for sale U.S. Government Agencies $ 245 $ - $ 245 $ - Mortgage-backed securities 24,763 - 24,763 - Corporate securities 2,789 - 2,789 - State and municipal securities 17,631 - 17,631 - Total assets at fair value $ 45,428 $ - $ 45,428 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Impaired loans $ 203 $ - $ - $ 203 Total assets at fair value $ 203 $ - $ - $ 203 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2018 Impaired loans $ 371 $ - $ - $ 371 Foreclosed assets 753 - - 753 Total assets at fair value $ 1,124 $ - $ - $ 1,124
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at December 31, 2019 Fair Value at December 31, 2018 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 203 $ 371 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Other Real Estate Owned $ - $ 753 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 0%

Note 15 - Employee Benefit Pl_2

Note 15 - Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]	(dollars in thousands) 2019 2018 Change in benefit obligation Benefit obligation at beginning of year $ 4,493 $ 5,223 Interest cost 182 173 Actuarial (gain) loss 827 (824 ) Benefits paid (267 ) (79 ) Settlement (gain) loss (13 ) - Benefit obligation at end of year 5,222 4,493 Change in plan assets Fair value of plan assets at beginning of year 8,092 8,513 Actual return on plan assets 1,332 (342 ) Benefits paid (267 ) (79 ) Fair value of plan assets at end of year 9,157 8,092 Funded status at the end of the year $ 3,935 $ 3,599
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	(dollars in thousands) 2019 2018 Amounts recognized in the Balance Sheet Plan benefit cost $ 5,169 $ 4,912 Unrecognized net actuarial loss (1,234 ) (1,313 ) Amount recognized in other assets $ 3,935 $ 3,599 Amounts recognized in accumulated comprehensive income (loss) Unrecognized net actuarial loss $ (1,234 ) $ (1,313 ) Deferred taxes 259 275 Amount recognized in accumulated comprehensive income (loss), net $ (975 ) $ (1,038 ) Prepaid benefit detail Benefit obligation $ (5,222 ) $ (4,493 ) Fair value of assets 9,157 8,092 Unrecognized net actuarial loss 1,234 1,313 Prepaid benefit cost 5,169 4,912 Components of net periodic pension cost Interest cost $ 182 $ 173 Expected return on plan assets (551 ) (576 ) Recognized net loss due to settlement 71 - Recognized net actuarial loss 41 30 Net periodic benefit expense (257 ) (373 ) Additional disclosure information Accumulated benefit obligation $ 5,222 $ 4,493 Vested benefit obligation $ 5,222 $ 4,493 Discount rate used for net periodic pension cost 4.25 % 3.50 % Discount rate used for disclosure 3.25 % 4.25 % Expected return on plan assets 7.00 % 7.00 % Rate of compensation increase N/A N/A Average remaining service (years) 11 12
Schedule of Allocation of Plan Assets [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Cash equivalents and short term investments $ - $ - $ - $ - Mutual funds – equities 4,749 4,749 - - Mutual funds – fixed income 4,408 4,408 - - Total assets at fair value $ 9,157 $ 9,157 $ - $ - December 31, 2018 Cash equivalents and short term investments $ - $ - $ - $ - Mutual funds – equities 3,848 3,848 - - Mutual funds – fixed income 4,244 4,244 - - Total assets at fair value $ 8,092 $ 8,092 $ - $ -
Schedule of Expected Benefit Payments [Table Text Block]	(dollars in thousands) Pension Benefits 2020 $ 430 2021 275 2022 230 2023 1,206 2024 425 2025 – 2029 1,303 $ 3,869
Schedule of Weighted Average Number of Shares [Table Text Block]	2019 2018 Mutual funds – fixed income 48 % 52 % Mutual funds – equity 52 % 48 % Cash and equivalents 0 % 0 % Total 100 % 100 %
Schedule of Net Funded Status [Table Text Block]	2019 Valuation 2018 Valuation Source Report Report Bank of Floyd Plan 103.97 % 106.44 %

Note 17 - Income Taxes (Tables)

Note 17 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	(dollars in thousands) 2019 2018 Current $ 1,189 $ (375 ) Deferred 591 1,589 $ 1,780 $ 1,214
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(dollars in thousands) 2019 2018 Tax at statutory federal rate $ 1,877 $ 1,205 Tax exempt interest income (52 ) (49 ) Tax exempt insurance income (92 ) (155 ) State income tax, net of federal benefit 48 21 Merger expenses - 162 Other (1 ) 30 Deferred tax asset re-measurement - - $ 1,780 $ 1,214
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(dollars in thousands) 2019 2018 Deferred tax assets Allowance for loan losses $ 838 $ 603 Acquired loan credit mark 684 1,061 Deferred compensation 315 322 Investment impairment charge recorded directly to stockholders’ equity as a component of other comprehensive income 47 57 Minimum pension liability 259 276 Net operating loss carryforward 1,666 1,738 Alternative minimum tax credit carryforward - 294 Net unrealized losses on securities available for sale - 247 Nonaccrual interest income 445 206 Purchase accounting adjustments 1 144 Other 103 216 $ 4,358 $ 5,164 Deferred tax liabilities Deferred loan origination costs 365 635 Core deposit intangible 661 831 Accrued pension costs 1,113 1,049 Depreciation 1,059 795 Merger expenses 161 - Net unrealized losses on securities available for sale 14 - Accretion of discount on investment securities, net - 1 $ 3,373 $ 3,311 Net deferred tax asset $ 985 $ 1,853

Note 18 - Commitments and Con_2

Note 18 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	(dollars in thousands) 2019 2018 Commitments to extend credit $ 95,190 $ 76,977 Standby letters of credit 1,313 1,227 $ 96,503 $ 78,204

Note 19 - Transactions With R_2

Note 19 - Transactions With Related Parties (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	(dollars in thousands) 2019 2018 Balance, beginning $ 7,549 $ 4,769 New loans 2,053 2,662 Repayments (2,735 ) (2,502 ) Change in relationship 102 2,620 Balance, ending $ 6,969 $ 7,549

Note 20 - Regulatory Restrict_2

Note 20 - Regulatory Restrictions (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio December 31, 2019 Total Capital (to risk weighted assets) $ 78,652 13.53 % $ 46,499 8.00 % $ 58,124 10.00 % Tier 1 Capital (to risk weighted assets) $ 74,726 12.86 % $ 34,874 6.00 % $ 46,499 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 74,726 12.86 % $ 26,156 4.50 % $ 37,780 6.50 % Tier 1 Capital (to average total assets) $ 74,726 10.80 % $ 27,680 4.00 % $ 34,599 5.00 % December 31, 2018 Total Capital (to risk weighted assets) $ 71,424 13.00 % $ 43,943 8.00 % $ 54,929 10.00 % Tier 1 Capital (to risk weighted assets) $ 67,899 12.36 % $ 32,958 6.00 % $ 43,943 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 67,899 12.36 % $ 24,718 4.50 % $ 35,704 6.50 % Tier 1 Capital (to average total assets) $ 67,899 10.08 % $ 26,932 4.00 % $ 33,664 5.00 %

Note 21 - Parent Company Fina_2

Note 21 - Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Condensed Balance Sheet [Table Text Block]	(dollars in thousands) 2019 2018 Assets Cash and due from banks $ 52 $ 1,409 Federal funds sold 532 - Investment in affiliate bank 80,587 73,813 Other assets 326 468 Total assets $ 81,497 $ 75,690 Liabilities Other liabilities $ 69 $ 68 Stockholders’ Equity Common stock - - Surplus 40,752 41,660 Retained earnings 41,600 35,929 Accumulated other comprehensive loss (924 ) (1,967 ) Total stockholders’ equity 81,428 75,622 Total liabilities and stockholders’ equity $ 81,497 $ 75,690
Condensed Income Statement [Table Text Block]	(dollars in thousands) 2019 2018 Income Dividends from affiliate bank $ 1,484 $ 1,123 Federal funds sold 3 - Other income - 1 1,487 1,124 Expenses Management and professional fees 74 68 Other expenses 5 8 79 76 Income before tax benefit and equity in undistributed income of affiliate 1,408 1,048 Federal income tax benefit 16 16 Income before equity in undistributed income of affiliate 1,424 1,064 Equity in undistributed income of affiliate 5,731 3,462 Net income $ 7,155 $ 4,526
Condensed Cash Flow Statement [Table Text Block]	(dollars in thousands) 2019 2018 Cash flows from operating activities Net income $ 7,155 $ 4,526 Adjustments to reconcile net income to net cash provided by operations: Equity in undistributed income of affiliate (5,731 ) (3,462 ) Change in other assets 142 (80 ) Change in other liabilities 1 31 Net cash provided by operating activities 1,567 1,015 Cash flows from investing activities Net decrease in loans - - Cash received in business combination - - Net cash provided by investing activities - - Cash flows from financing activities Cash paid for fractional shares - (1 ) Common stock repurchased (908 ) - Dividends paid (1,484 ) (1,123 ) Net cash used by financing activities (2,392 ) (1,124 ) Net decrease in cash and cash equivalents (825 ) (109 ) Cash and cash equivalents, beginning 1,409 1,518 Cash and cash equivalents, ending $ 584 $ 1,409 Business combinations Elimination of Company’s existing investment in Great State Bank $ - $ 198 Stock issued to acquire Great State Bank $ - $ 15,495

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) $ in Thousands	Jul. 01, 2019USD ($)	Jul. 01, 2018USD ($)shares	Jul. 01, 2016	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Stock Issued During Period, Value, Acquisitions					$ 15,495
Goodwill, Impairment Loss	$ 0
Advertising Expense				$ 603	$ 569
Grayson Bankshares, Inc [Member]
Business Acquisition, Equity Interest Issued or Issuable, Exchange Ratio			1.76
Grayson Bankshares, Inc [Member] | Parkway Acquisition Corp. [Member]
Ownership Percentage in Newly Issued Shares			60.00%
Cardinal Bankshares Corporation [Member]
Business Acquisition, Equity Interest Issued or Issuable, Exchange Ratio			1.3
Cardinal Bankshares Corporation [Member] | Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life				20 years
Cardinal Bankshares Corporation [Member] | Parkway Acquisition Corp. [Member]
Ownership Percentage in Newly Issued Shares			40.00%
Great State Bank [Member]
Business Acquisition, Equity Interest Issued or Issuable, Exchange Ratio		1.21
Stock Issued During Period, Shares, Acquisitions | shares		1,191,899
Stock Issued During Period, Value, Acquisitions		$ 15,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		145,396
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed Loans		95,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total		132,960
Business Combinations, Recognized Identifiable Assets Acquired And Liability Assumed Of Deposits		$ 130,600
Great State Bank [Member] | Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life				7 years

Note 1 - Organization and Sum_4

Note 1 - Organization and Summary of Significant Accounting Policies - Property and Equipment Useful Lives (Details)	12 Months Ended
	Dec. 31, 2019
Building and Building Improvements [Member] | Minimum [Member]
Property and equipment useful life (Year)	10 years
Building and Building Improvements [Member] | Maximum [Member]
Property and equipment useful life (Year)	40 years
Furniture and Equipment [Member] | Minimum [Member]
Property and equipment useful life (Year)	5 years
Furniture and Equipment [Member] | Maximum [Member]
Property and equipment useful life (Year)	12 years

Note 1 - Organization and Sum_5

Note 1 - Organization and Summary of Significant Accounting Policies - Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Balance	$ 75,622	$ 57,182
Balance	81,428	75,622
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	(929)	(523)
Other comprehensive income (loss) before reclassifications	1,019	(402)
Amounts reclassified from accumulated other comprehensive loss	(39)	(4)
Balance	51	(929)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(1,038)	(987)
Other comprehensive income (loss) before reclassifications	63	(51)
Amounts reclassified from accumulated other comprehensive loss
Balance	(975)	(1,038)
AOCI Attributable to Parent [Member]
Balance	(1,967)	(1,510)
Other comprehensive income (loss) before reclassifications	1,082	(453)
Amounts reclassified from accumulated other comprehensive loss	(39)	(4)
Balance	$ (924)	$ (1,967)

Note 2 - Business Combination_2

Note 2 - Business Combinations (Details Textual) - USD ($) $ in Thousands	Jul. 01, 2018	Dec. 31, 2019	Dec. 31, 2018
Business Combination, Acquisition Related Costs			$ 1,978
As Reported by Acquiror [Member]
Business Combination, Acquisition Related Costs			$ 2,000
Parkway Acquisition Corporation [Member]
Business Acquisition, Equity Interest Issued or Issuable, Exchange Ratio	121.00%
Stock Issued During Period, Shares, Acquisitions	1,191,899

Note 2 - Business Combination_3

Note 2 - Business Combinations - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands		Jul. 01, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Stock issued to acquire Great State Bank				$ 15,495
Goodwill			$ 3,257	$ 3,198
Great State Bank [Member]
Cash and cash equivalents		$ 25,761
Investment securities		19,401
Restricted equity securities		523
Loans		95,108
Allowance for loan losses
Property and equipment	[1]	1,396
Intangible assets		2,425
Accrued interest receivable		334
Other assets		448
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		145,396
Deposits		130,551
Borrowings		2,000
Accrued interest payable		40
Other liabilities		369
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total		132,960
Net assets acquired		12,436
Elimination of Company’s existing investment in Great State Bank		198
Stock issued to acquire Great State Bank		15,495
Goodwill		3,257
Great State Bank [Member] | Reported Value by Acquiree [Member]
Cash and cash equivalents		25,761
Investment securities		19,630
Restricted equity securities		523
Loans		97,549
Allowance for loan losses		(1,436)
Property and equipment	[1]	1,207
Intangible assets
Accrued interest receivable		334
Other assets		599
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		144,167
Deposits		129,611
Borrowings		2,000
Accrued interest payable		40
Other liabilities		352
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total		132,003
Great State Bank [Member] | Fair Value Adjustments [Member]
Cash and cash equivalents
Investment securities	[2]	(229)
Restricted equity securities
Loans	[3]	(2,441)
Allowance for loan losses	[4]	1,436
Property and equipment	[1]	189
Intangible assets	[5]	2,425
Accrued interest receivable
Other assets	[6]	(151)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		1,229
Deposits	[7]	940
Borrowings
Accrued interest payable
Other liabilities	[8]	17
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total		$ 957
[1]	Estimated adjustment to Great State’s real property based upon third-party appraisals and the Company’s evaluation of equipment and other fixed assets.
[2]	Reflects the opening fair value of securities portfolio, which was established as the new book basis of the portfolio.
[3]	Reflects the fair value adjustment based on the Company's third party valuation report.
[4]	Existing allowance for loan losses eliminated to reflect accounting guidance.
[5]	Reflects the recording of the estimated core deposit intangible based on the Company's third party valuation report.
[6]	Recording of deferred tax asset generated by the net fair value adjustments (tax rate = 21%).
[7]	Estimated fair value adjustment to time deposits based on the Company's third party valuation report on deposits assumed.
[8]	Reflects the fair value adjustment based on the Company's evaluation of acquired other liabilities.

Note 2 - Business Combination_4

Note 2 - Business Combinations - Pro Forma Information (Details) - Great State Bank [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares
Net interest income	$ 24,262
Net income (a)	$ 4,508	[1]
Basic and diluted weighted average shares outstanding (b) (in shares) | shares	6,213,275	[2]
Basic and diluted earnings per common share (in dollars per share) | $ / shares	$ 1.07
[1]	Supplemental pro forma net income includes the impact of certain fair value adjustments. Supplemental pro forma net income does not include assumptions on cost savings or the impact of merger-related expenses.
[2]	Weighted average shares outstanding includes the full effect of the common stock issued in connection with the Great State acquisition as of the earliest reporting date.

Note 3 - Restrictions on Cash (

Note 3 - Restrictions on Cash (Details Textual) $ in Millions	Dec. 31, 2018USD ($)
Cash Reserve Deposit Required and Made	$ 6.3

Note 4 - Investment Securitie_2

Note 4 - Investment Securities (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Restricted Investments	$ 2,394	$ 2,053
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	7
Percentage of Debt Securities with Unrealized Losses Depreciated	1.47%
Proceeds from Sale of Debt Securities, Available-for-sale	$ 8,900	18,400
Proceeds from Maturities, Prepayments and Calls of Securities, Operating Activities	2,200	1,100
Deposit Liabilities, Collateral Issued, Financial Instruments	$ 15,500	$ 13,900

Note 4 - Investment Securitie_3

Note 4 - Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Amortized cost	$ 32,817	$ 46,605
Unrealized gains	229	33
Unrealized losses	(165)	(1,210)
Investment securities available for sale	32,881	45,428
Unrealized losses	165	1,210
US Government Agencies Debt Securities [Member]
Amortized cost		244
Unrealized gains		1
Unrealized losses
Investment securities available for sale		245
Unrealized losses
Collateralized Mortgage Backed Securities [Member]
Amortized cost	19,540	25,627
Unrealized gains	61	1
Unrealized losses	(97)	(865)
Investment securities available for sale	19,504	24,763
Unrealized losses	97	865
Corporate Debt Securities [Member]
Amortized cost	1,500	2,970
Unrealized gains
Unrealized losses	(67)	(181)
Investment securities available for sale	1,433	2,789
Unrealized losses	67	181
US States and Political Subdivisions Debt Securities [Member]
Amortized cost	11,777	17,764
Unrealized gains	168	31
Unrealized losses	(1)	(164)
Investment securities available for sale	11,944	17,631
Unrealized losses	$ 1	$ 164

Note 4 - Investment Securitie_4

Note 4 - Investment Securities - Continuous Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Less than 12 months, fair value	$ 9,635	$ 5,968
Less than 12 months, unrealized losses	(98)	(20)
12 months or more, fair value	1,433	33,850
12 months or more, unrealized losses	(67)	(1,190)
Fair value	11,068	39,818
Unrealized losses	(165)	(1,210)
Collateralized Mortgage Backed Securities [Member]
Less than 12 months, fair value	8,625	450
Less than 12 months, unrealized losses	(97)	(1)
12 months or more, fair value		24,227
12 months or more, unrealized losses		(864)
Fair value	8,625	24,677
Unrealized losses	(97)	(865)
Corporate Debt Securities [Member]
Less than 12 months, fair value
Less than 12 months, unrealized losses
12 months or more, fair value	1,433	2,789
12 months or more, unrealized losses	(67)	(181)
Fair value	1,433	2,789
Unrealized losses	(67)	(181)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	1,010	5,518
Less than 12 months, unrealized losses	(1)	(19)
12 months or more, fair value		6,834
12 months or more, unrealized losses		(145)
Fair value	1,010	12,352
Unrealized losses	$ (1)	$ (164)

Note 4 - Investment Securitie_5

Note 4 - Investment Securities - Realized Gains and Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Realized gains	$ 92	$ 9
Realized losses	(43)	(4)
	$ 49	$ 5

Note 4 - Investment Securitie_6

Note 4 - Investment Securities - Maturities of Securities Available for Sale (Details) $ in Thousands	Dec. 31, 2019USD ($)
Due in one year or less, amortized cost	$ 1,289
Due in one year or less, fair value	1,290
Due after one year through five years, amortized cost	7,176
Due after one year through five years, fair value	7,214
Due after five years through ten years, amortized cost	15,014
Due after five years through ten years, fair value	14,987
Due after ten years, amortized cost	9,338
Due after ten years, fair value	9,390
Amortized cost	32,817
Fair value	$ 32,881

Note 5 - Loans Receivable - Com

Note 5 - Loans Receivable - Components of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Loans receivable	$ 570,353	$ 536,465
Allowance for loan losses	(3,893)	(3,495)	$ (3,453)
Loans, net of allowance for loan losses	566,460	532,970
Construction and Development Loan [Member]
Loans receivable	39,649	33,449
Allowance for loan losses	(305)	(246)	(239)
Farmland Loan [Member]
Loans receivable	34,166	33,291
Allowance for loan losses	(487)	(385)	(358)
Residential Loan [Member]
Loans receivable	253,674	235,689
Allowance for loan losses	(1,822)	(1,807)	(1,875)
Commercial Mortgage Loan [Member]
Loans receivable	190,817	176,192
Allowance for loan losses	(924)	(682)	(619)
Commercial and Agricultural Loan [Member]
Loans receivable	32,426	37,491
Allowance for loan losses	(211)	(281)	(282)
Consumer and Other Loan [Member]
Loans receivable	19,621	20,353
Allowance for loan losses	$ (144)	$ (94)	$ (80)

Note 5 - Loans Receivable - Maj

Note 5 - Loans Receivable - Major Components of Loans, Net of Fair Value Adjustments, Acquired From Business Acquisition (Details) - Great State Bank [Member] $ in Thousands	Jul. 01, 2018USD ($)
Loans acquired	$ 95,108
Construction and Development Loan [Member]
Loans acquired	7,496
Farmland Loan [Member]
Loans acquired	720
Residential Loan [Member]
Loans acquired	26,006
Commercial Mortgage Loan [Member]
Loans acquired	47,953
Commercial and Agricultural Loan [Member]
Loans acquired	11,793
Consumer and Other Loan [Member]
Loans acquired	$ 1,140

Note 6 - Allowance for Loan L_3

Note 6 - Allowance for Loan Losses and Impaired Loans (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)		Dec. 31, 2018USD ($)	Dec. 31, 2015USD ($)
Provision for Loan and Lease Losses, Total	$ 655,000		$ 325,000
Loans and Leases Receivable, Gross, Total	570,353,000		536,465,000
Impaired Financing Receivable, Recorded Investment, Total	7,761,000		10,298,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,149,000		3,369,000
Financing Receivable, Troubled Debt Restructuring	4,800,000		7,300,000
Financing Receivable, Troubled Debt Restructuring, Collectively Evaluated for impairment	3,600,000		4,700,000
Financing Receivable, Troubled Debt Restructuring, Related Allowance	174,000		259,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 4,800,000		$ 7,300,000
Financing Receivable, Modifications, Number of Contracts	3		3
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts		[1]	0
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Ending Balance			$ 0
Purchase Credit Impaired Loans			0
Additional Funds Advanced Loans [Member]
Financing Receivable, Number of Loans	2
Maximum [Member]
Financing Receivable, Troubled Debt Restructuring				$ 250,000
Collateral Pledged [Member]
Impaired Financing Receivable, Recorded Investment, Total	$ 2,900,000		2,800,000
Doubtful [Member]
Loans and Leases Receivable, Gross, Total	0		0
Unlikely to be Collected Financing Receivable [Member]
Loans and Leases Receivable, Gross, Total	0		0
Unallocated Financing Receivables [Member]
Provision for Loan and Lease Losses, Total	$ 0		$ 0
[1]	Loans past due 30 days or more are considered to be in default.

Note 6 - Allowance for Loan L_4

Note 6 - Allowance for Loan Losses and Impaired Loans - Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Beginning	$ 3,495	$ 3,453
Charge-offs	(398)	(477)
Recoveries	141	194
Provision for Loan and Lease Losses, Total	655	325
Balance	3,893	3,495
Ending balance: individually evaluated for impairment		41
Ending balance: collectively evaluated for impairment	3,893	3,454
Loans and Leases Receivable, Gross, Total	570,353	536,465
Allowance for loan losses, ending balance: individually evaluated for impairment	4,149	5,570
Allowance for loan losses, ending balance: collectively evaluated for impairment	566,204	530,895
Ending balance: individually evaluated for impairment		41
Ending balance: collectively evaluated for impairment	3,893	3,454
Loans outstanding, ending balance	570,353	536,465
Loans outstanding, ending balance: individually evaluated for impairment	4,149	5,570
Loans outstanding, ending balance: collectively evaluated for impairment	566,204	530,895
Construction and Development Loan [Member]
Beginning	246	239
Charge-offs		(20)
Recoveries
Provision for Loan and Lease Losses, Total	59	27
Balance	305	246
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	305	246
Loans and Leases Receivable, Gross, Total	39,649	33,449
Allowance for loan losses, ending balance: individually evaluated for impairment
Allowance for loan losses, ending balance: collectively evaluated for impairment	39,649	33,449
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	305	246
Loans outstanding, ending balance	39,649	33,449
Loans outstanding, ending balance: individually evaluated for impairment
Loans outstanding, ending balance: collectively evaluated for impairment	39,649	33,449
Farmland Loan [Member]
Beginning	385	358
Charge-offs	(13)
Recoveries		34
Provision for Loan and Lease Losses, Total	115	(7)
Balance	487	385
Ending balance: individually evaluated for impairment		29
Ending balance: collectively evaluated for impairment	487	356
Loans and Leases Receivable, Gross, Total	34,166	33,291
Allowance for loan losses, ending balance: individually evaluated for impairment	3,240	4,552
Allowance for loan losses, ending balance: collectively evaluated for impairment	30,926	28,739
Ending balance: individually evaluated for impairment		29
Ending balance: collectively evaluated for impairment	487	356
Loans outstanding, ending balance	34,166	33,291
Loans outstanding, ending balance: individually evaluated for impairment	3,240	4,552
Loans outstanding, ending balance: collectively evaluated for impairment	30,926	28,739
Residential Loan [Member]
Beginning	1,807	1,875
Charge-offs	(55)	(117)
Recoveries	8	44
Provision for Loan and Lease Losses, Total	62	5
Balance	1,822	1,807
Ending balance: individually evaluated for impairment		12
Ending balance: collectively evaluated for impairment	1,822	1,795
Loans and Leases Receivable, Gross, Total	253,674	235,689
Allowance for loan losses, ending balance: individually evaluated for impairment	909	1,018
Allowance for loan losses, ending balance: collectively evaluated for impairment	252,765	234,671
Ending balance: individually evaluated for impairment		12
Ending balance: collectively evaluated for impairment	1,822	1,795
Loans outstanding, ending balance	253,674	235,689
Loans outstanding, ending balance: individually evaluated for impairment	909	1,018
Loans outstanding, ending balance: collectively evaluated for impairment	252,765	234,671
Commercial Mortgage Loan [Member]
Beginning	682	619
Charge-offs	(41)	(142)
Recoveries	69	69
Provision for Loan and Lease Losses, Total	214	136
Balance	924	682
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	924	682
Loans and Leases Receivable, Gross, Total	190,817	176,192
Allowance for loan losses, ending balance: individually evaluated for impairment
Allowance for loan losses, ending balance: collectively evaluated for impairment	190,817	176,192
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	924	682
Loans outstanding, ending balance	190,817	176,192
Loans outstanding, ending balance: individually evaluated for impairment
Loans outstanding, ending balance: collectively evaluated for impairment	190,817	176,192
Commercial and Agricultural Loan [Member]
Beginning	281	282
Charge-offs	(77)	(23)
Recoveries	10	9
Provision for Loan and Lease Losses, Total	(3)	13
Balance	211	281
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	211	281
Loans and Leases Receivable, Gross, Total	32,426	37,491
Allowance for loan losses, ending balance: individually evaluated for impairment
Allowance for loan losses, ending balance: collectively evaluated for impairment	32,426	37,491
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	211	281
Loans outstanding, ending balance	32,426	37,491
Loans outstanding, ending balance: individually evaluated for impairment
Loans outstanding, ending balance: collectively evaluated for impairment	32,426	37,491
Consumer and Other Loan [Member]
Beginning	94	80
Charge-offs	(212)	(175)
Recoveries	54	38
Provision for Loan and Lease Losses, Total	208	151
Balance	144	94
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	144	94
Loans and Leases Receivable, Gross, Total	19,621	20,353
Allowance for loan losses, ending balance: individually evaluated for impairment
Allowance for loan losses, ending balance: collectively evaluated for impairment	19,621	20,353
Ending balance: individually evaluated for impairment
Ending balance: collectively evaluated for impairment	144	94
Loans outstanding, ending balance	19,621	20,353
Loans outstanding, ending balance: individually evaluated for impairment
Loans outstanding, ending balance: collectively evaluated for impairment	$ 19,621	$ 20,353

Note 6 - Allowance for Loan L_5

Note 6 - Allowance for Loan Losses and Impaired Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Loans receivable	$ 570,353	$ 536,465
Construction and Development Loan [Member]
Loans receivable	39,649	33,449
Farmland Loan [Member]
Loans receivable	34,166	33,291
Residential Loan [Member]
Loans receivable	253,674	235,689
Commercial Mortgage Loan [Member]
Loans receivable	190,817	176,192
Commercial and Agricultural Loan [Member]
Loans receivable	32,426	37,491
Consumer and Other Loan [Member]
Loans receivable	19,621	20,353
Pass [Member]
Loans receivable	499,700	468,848
Pass [Member] | Construction and Development Loan [Member]
Loans receivable	34,701	31,237
Pass [Member] | Farmland Loan [Member]
Loans receivable	22,969	23,250
Pass [Member] | Residential Loan [Member]
Loans receivable	231,629	213,670
Pass [Member] | Commercial Mortgage Loan [Member]
Loans receivable	163,584	148,179
Pass [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	27,503	33,537
Pass [Member] | Consumer and Other Loan [Member]
Loans receivable	19,314	18,975
Watch [Member]
Loans receivable	55,353	53,511
Watch [Member] | Construction and Development Loan [Member]
Loans receivable	4,801	2,044
Watch [Member] | Farmland Loan [Member]
Loans receivable	4,059	4,933
Watch [Member] | Residential Loan [Member]
Loans receivable	19,887	18,794
Watch [Member] | Commercial Mortgage Loan [Member]
Loans receivable	21,960	23,468
Watch [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	4,346	2,908
Watch [Member] | Consumer and Other Loan [Member]
Loans receivable	300	1,364
Special Mention [Member]
Loans receivable	1,882	2,478
Special Mention [Member] | Construction and Development Loan [Member]
Loans receivable		147
Special Mention [Member] | Farmland Loan [Member]
Loans receivable	673	750
Special Mention [Member] | Residential Loan [Member]
Loans receivable	176	299
Special Mention [Member] | Commercial Mortgage Loan [Member]
Loans receivable	930	1,212
Special Mention [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	103	70
Special Mention [Member] | Consumer and Other Loan [Member]
Loans receivable
Substandard [Member]
Loans receivable	13,418	11,628
Substandard [Member] | Construction and Development Loan [Member]
Loans receivable	147	21
Substandard [Member] | Farmland Loan [Member]
Loans receivable	6,465	4,358
Substandard [Member] | Residential Loan [Member]
Loans receivable	1,982	2,926
Substandard [Member] | Commercial Mortgage Loan [Member]
Loans receivable	4,343	3,333
Substandard [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	474	976
Substandard [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 7	$ 14

Note 6 - Allowance for Loan L_6

Note 6 - Allowance for Loan Losses and Impaired Loans - Analysis of Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Past due	$ 3,080	$ 3,250
Current	567,273	533,215
Loans receivable	570,353	536,465
Past due and still accruing
Nonaccrual loans	4,979	5,579
Construction and Development Loan [Member]
Past due	10	29
Current	39,639	33,420
Loans receivable	39,649	33,449
Past due and still accruing
Nonaccrual loans	10
Farmland Loan [Member]
Past due	1,864	1,160
Current	32,302	32,131
Loans receivable	34,166	33,291
Past due and still accruing
Nonaccrual loans	4,192	3,914
Residential Loan [Member]
Past due	705	1,148
Current	252,969	234,541
Loans receivable	253,674	235,689
Past due and still accruing
Nonaccrual loans	412	653
Commercial Mortgage Loan [Member]
Past due	185	604
Current	190,632	175,588
Loans receivable	190,817	176,192
Past due and still accruing
Nonaccrual loans	198	740
Commercial and Agricultural Loan [Member]
Past due	306	271
Current	32,120	37,220
Loans receivable	32,426	37,491
Past due and still accruing
Nonaccrual loans	165	264
Consumer and Other Loan [Member]
Past due	10	38
Current	19,611	20,315
Loans receivable	19,621	20,353
Past due and still accruing
Nonaccrual loans	2	8
Financial Asset, 30 to 59 Days Past Due [Member]
Past due	1,507	881
Financial Asset, 30 to 59 Days Past Due [Member] | Construction and Development Loan [Member]
Past due		29
Financial Asset, 30 to 59 Days Past Due [Member] | Farmland Loan [Member]
Past due	893	71
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Loan [Member]
Past due	292	762
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Past due	185
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Past due	135	7
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loan [Member]
Past due	2	12
Financial Asset, 60 to 89 Days Past Due [Member]
Past due	62	263
Financial Asset, 60 to 89 Days Past Due [Member] | Construction and Development Loan [Member]
Past due
Financial Asset, 60 to 89 Days Past Due [Member] | Farmland Loan [Member]
Past due		100
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Loan [Member]
Past due	48	145
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Past due
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Past due	8
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer and Other Loan [Member]
Past due	6	18
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	1,511	2,106
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction and Development Loan [Member]
Past due	10
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Farmland Loan [Member]
Past due	971	989
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Loan [Member]
Past due	365	241
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Past due		604
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Past due	163	264
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer and Other Loan [Member]
Past due	$ 2	$ 8

Note 6 - Allowance for Loan L_7

Note 6 - Allowance for Loan Losses and Impaired Loans - Impaired Loans (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Recorded investment with no related allowance		$ 4,149	$ 3,369
Unpaid principal balance with no related allowance		4,149	3,393
Average recorded investment with no related allowance		4,426	3,971
Interest income recognized with no related allowance		65	36
Recorded investment with related allowance	[1]	3,612	6,929
Unpaid principal balance with related allowance		3,807	7,169
Related allowance		174	300
Average recorded investment with related allowance		6,088	7,795
Interest income recognized with related allowance		314	393
Recorded investment		7,761	10,298
Unpaid principal balance		7,956	10,562
Average recorded investment		10,514	11,766
Interest income recognized		379	429
Construction and Development Loan [Member]
Recorded investment with no related allowance	[1]
Unpaid principal balance with no related allowance
Average recorded investment with no related allowance
Interest income recognized with no related allowance
Recorded investment with related allowance	[1]	72	69
Unpaid principal balance with related allowance		72	69
Related allowance		3	4
Average recorded investment with related allowance		76	306
Interest income recognized with related allowance		6	11
Recorded investment	[1]	72	69
Unpaid principal balance		72	69
Average recorded investment		76	306
Interest income recognized		6	11
Farmland Loan [Member]
Recorded investment with no related allowance	[1]	3,240	3,284
Unpaid principal balance with no related allowance		3,240	3,284
Average recorded investment with no related allowance		3,505	3,523
Interest income recognized with no related allowance		25	23
Recorded investment with related allowance	[1]	150	1,539
Unpaid principal balance with related allowance		150	1,539
Related allowance		2	38
Average recorded investment with related allowance		1,545	1,568
Interest income recognized with related allowance		70	86
Recorded investment	[1]	3,390	4,823
Unpaid principal balance		3,390	4,823
Average recorded investment		5,050	5,091
Interest income recognized		95	109
Residential Loan [Member]
Recorded investment with no related allowance	[1]	909	85
Unpaid principal balance with no related allowance		909	85
Average recorded investment with no related allowance		921	448
Interest income recognized with no related allowance		40	13
Recorded investment with related allowance	[1]	3,345	5,005
Unpaid principal balance with related allowance		3,495	5,162
Related allowance		166	241
Average recorded investment with related allowance		4,161	5,348
Interest income recognized with related allowance		225	266
Recorded investment	[1]	4,254	5,090
Unpaid principal balance		4,404	5,247
Average recorded investment		5,082	5,796
Interest income recognized		265	279
Commercial Mortgage Loan [Member]
Recorded investment with no related allowance	[1]
Unpaid principal balance with no related allowance
Average recorded investment with no related allowance
Interest income recognized with no related allowance
Recorded investment with related allowance	[1]	11	275
Unpaid principal balance with related allowance		56	358
Related allowance		1	15
Average recorded investment with related allowance		268	522
Interest income recognized with related allowance		11	27
Recorded investment	[1]	11	275
Unpaid principal balance		56	358
Average recorded investment		268	522
Interest income recognized		11	27
Commercial and Agricultural Loan [Member]
Recorded investment with no related allowance	[1]
Unpaid principal balance with no related allowance			24
Average recorded investment with no related allowance
Interest income recognized with no related allowance
Recorded investment with related allowance	[1]	31	37
Unpaid principal balance with related allowance		31	37
Related allowance		1	2
Average recorded investment with related allowance		34	47
Interest income recognized with related allowance		2	3
Recorded investment	[1]	31	37
Unpaid principal balance		31	61
Average recorded investment		34	47
Interest income recognized		2	3
Consumer and Other Loan [Member]
Recorded investment with no related allowance	[1]
Unpaid principal balance with no related allowance
Average recorded investment with no related allowance
Interest income recognized with no related allowance
Recorded investment with related allowance	[1]	3	4
Unpaid principal balance with related allowance		3	4
Related allowance		1
Average recorded investment with related allowance		4	4
Interest income recognized with related allowance
Recorded investment	[1]	3	4
Unpaid principal balance		3	4
Average recorded investment		4	4
Interest income recognized
[1]	Recorded investment is the loan balance, net of any charge-offs

Note 6 - Allowance for Loan L_8

Note 6 - Allowance for Loan Losses and Impaired Loans - Troubled Debt Restructuring (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2019USD ($)		Dec. 31, 2018USD ($)
Number of contracts		3		3
Premodification		$ 164		$ 85
Postmodification		$ 176		$ 99
Number of contracts, subsequently defaulted			[1]	0
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Construction and Development Loan [Member]
Number of contracts		1
Premodification		$ 9
Postmodification		$ 11
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Farmland Loan [Member]
Number of contracts		1
Premodification		$ 38
Postmodification		$ 37
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Residential Loan [Member]
Number of contracts		1		2
Premodification		$ 117		$ 80
Postmodification		$ 128		$ 95
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Commercial Mortgage Loan [Member]
Number of contracts
Premodification
Postmodification
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Commercial and Agricultural Loan [Member]
Number of contracts
Premodification
Postmodification
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
Consumer and Other Loan [Member]
Number of contracts				1
Premodification				$ 5
Postmodification				$ 4
Number of contracts, subsequently defaulted	[1]
Premodification, subsequently defaulted	[1]
Postmodification, subsequently defaulted	[1]
[1]	Loans past due 30 days or more are considered to be in default.

Note 6 - Allowance for Loan L_9

Note 6 - Allowance for Loan Losses and Impaired Loans - Carrying Amount of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Outstanding balance	$ 617	$ 714
Carrying amount	617	714
Residential Loan [Member]
Outstanding balance	150	167
Commercial Mortgage Loan [Member]
Outstanding balance	321	347
Commercial and Agricultural Loan [Member]
Outstanding balance	$ 146	$ 200

Note 6 - Allowance for Loan _10

Note 6 - Allowance for Loan Losses and Impaired Loans - Purchased Credit Impaired Loans (Details) $ in Thousands	Dec. 31, 2018USD ($)
Contractually required payments receivable of loans	$ 2,178
Cash flows expected to be collected at acquisition	1,781
Fair value of acquired loans at acquisition	1,781
Residential Loan [Member]
Contractually required payments receivable of loans	233
Commercial Mortgage Loan [Member]
Contractually required payments receivable of loans	1,724
Commercial and Agricultural Loan [Member]
Contractually required payments receivable of loans	$ 221

Note 6 - Allowance for Loan _11

Note 6 - Allowance for Loan Losses and Impaired Loans - Summary of Carrying Amount of Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans	$ 714
Loans	617	$ 714
Financial Asset Acquired with Credit Deterioration [Member]
Loans	714
Loans purchased during the year		1,781
Loans	$ 617	$ 714

Note 7 - Property and Equipme_3

Note 7 - Property and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Depreciation, Total	$ 1,224	$ 1,187

Note 7 - Property and Equipme_4

Note 7 - Property and Equipment - Components of Property and Equipment and Total Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property and equipment, gross	$ 37,581	$ 33,656
Less accumulated depreciation	(14,144)	(12,971)
Property and equipment, net	23,437	20,685
Land [Member]
Property and equipment, gross	5,747	4,935
Building and Building Improvements [Member]
Property and equipment, gross	19,352	17,493
Furniture and Equipment [Member]
Property and equipment, gross	$ 12,482	$ 11,228

Note 8 - Cash Value of Life I_2

Note 8 - Cash Value of Life Insurance (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Cash Surrender Value of Life Insurance	$ 17,855	$ 17,413

Note 9 - Goodwill and Intangi_3

Note 9 - Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	Jul. 01, 2019	Dec. 31, 2019	Dec. 31, 2018
Beginning of year		$ 3,198
Acquired goodwill as result of Great State merger			3,198
Measurement period adjustment		59
Impairment	$ 0
End of the period		$ 3,257	$ 3,198

Note 9 - Goodwill and Intangi_4

Note 9 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net book value, balance	$ 3,892
Net book value, balance	3,070	$ 3,892
Core Deposits [Member]
Net book value, balance	3,892	2,045
Core deposit intangible as result of Great State merger		2,425
Amortization expense	(822)	(578)
Net book value, balance	$ 3,070	$ 3,892

Note 10 - Leases - Present Info

Note 10 - Leases - Present Information About Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Right-of-use assets	$ 729
Weighted average remaining lease term (years) (Year)	8 years 21 days
Weighted average discount rate	2.39%
Operating lease expense	$ 73
Short-term lease expense	97
Total lease expense	170
Cash paid for amounts included in lease liabilities	73
Other Liabilities [Member]
Lease liabilities	$ 729

Note 10 - Lease - Maturity Sche

Note 10 - Lease - Maturity Schedule of Undiscounted Cash flow (Details) $ in Thousands	Dec. 31, 2019USD ($)
Twelve months ending December 31, 2020	$ 123
Twelve months ending December 31, 2021	128
Twelve months ending December 31, 2022	97
Twelve months ending December 31, 2023	66
Twelve months ending December 31, 2024	68
Thereafter	330
Total undiscounted cash flows	812
Less discount	(83)
Other Liabilities [Member]
Lease liabilities	$ 729

Note 11 - Deposits (Details Tex

Note 11 - Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Time Deposits, at or Above FDIC Insurance Limit	$ 38.7	$ 30.6

Note 11 - Deposits - Scheduled

Note 11 - Deposits - Scheduled Maturities of Time Deposits (Details) $ in Thousands	Dec. 31, 2019USD ($)
2020	$ 61,499
2021	78,377
2022	27,141
2023	12,359
2024	12,612
After Five Years
Total	$ 191,988

Note 12 - Short-term Debt (Deta

Note 12 - Short-term Debt (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Short-term Debt, Total	$ 0	$ 0
Unsecured Lines of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	52,500
Unsecured Lines of Credit [Member] | Federal Home Loan Bank [Member]
Line of Credit Facility, Current Borrowing Capacity	$ 163,500

Note 13 - Long-term Debt (Detai

Note 13 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Advances from Federal Home Loan Banks, Total	$ 10,000
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	0.819%
Long-term Debt, Total		$ 0

Note 14 - Financial Instrumen_3

Note 14 - Financial Instruments (Details Textual) xbrli-pure in Thousands, $ in Thousands	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Number of Derivative Instruments Held	0	0
Fair Value, Recurring [Member]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0	$ 0
Fair Value, Nonrecurring [Member]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0	$ 0

Note 14 - Financial Instrumen_4

Note 14 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Reported Value Measurement [Member]
Net Loans	$ 566,460	$ 532,970
Time Deposits	191,988	180,143
FHLB Advances	10,000
Estimate of Fair Value Measurement [Member]
Net Loans	557,054	529,155
Time Deposits	192,365	176,188
FHLB Advances	10,021
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Net Loans
Time Deposits
FHLB Advances	10,021
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Net Loans	556,851	528,784
Time Deposits	192,365	176,188
FHLB Advances
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Net Loans	203	371
Time Deposits
FHLB Advances

Note 14 - Financial Instrumen_5

Note 14 - Financial Instruments - Assets Recorded at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Investment securities available for sale	$ 32,881	$ 45,428
Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	32,881	45,428
Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
US Government Agencies Debt Securities [Member]
Investment securities available for sale		245
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale		245
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
Collateralized Mortgage Backed Securities [Member]
Investment securities available for sale	19,504	24,763
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	19,504	24,763
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
Corporate Debt Securities [Member]
Investment securities available for sale	1,433	2,789
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	1,433	2,789
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale	11,944	17,631
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	11,944	17,631
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale

Note 14 - Financial Instrumen_6

Note 14 - Financial Instruments - Assets Recorded at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Impaired Loans [Member]
Assets at fair value	$ 203	$ 371
Fair Value, Nonrecurring [Member]
Assets at fair value	203	1,124
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	203	1,124
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Assets at fair value	203	371
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	$ 203	371
Fair Value, Nonrecurring [Member] | Foreclosed Assets [Member]
Assets at fair value		753
Fair Value, Nonrecurring [Member] | Foreclosed Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Foreclosed Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value
Fair Value, Nonrecurring [Member] | Foreclosed Assets [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value		$ 753

Note 14 - Financial Instrumen_7

Note 14 - Financial Instruments - Significant Unobservable Inputs Used Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Minimum [Member] | Measurement Input, Discount Rate [Member]
Impaired loans, significant unobservable inputs	0
Other real estate owned, significant unobservable inputs	0
Maximum [Member] | Measurement Input, Discount Rate [Member]
Impaired loans, significant unobservable inputs	0.1
Other real estate owned, significant unobservable inputs	0
Impaired Loans [Member]
Assets at fair value	$ 203	$ 371
Other Real Estate Owned [Member]
Assets at fair value		$ 753

Note 15 - Employee Benefit Pl_3

Note 15 - Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	100.00%	100.00%
Bank of Floyd Plan [Member]
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 64	$ 54
Fixed Income Securities [Member] | Mutual Fund [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	48.00%	52.00%
Equity Securities [Member] | Mutual Fund [Member]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	52.00%	48.00%

Note 15 - Employee Benefit Pl_4

Note 15 - Employee Benefit Plans - Summary of Plan's Funded Status (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Benefit obligation at beginning of year	$ 4,493	$ 5,223
Interest cost	182	173
Actuarial (gain) loss	827	(824)
Benefits paid	(267)	(79)
Settlement (gain) loss	(13)
Fair value of plan assets at beginning of year	8,092	8,513
Actual return on plan assets	1,332	(342)
Benefits paid	(267)	(79)
Fair value of plan assets at end of year	9,157	8,092
Funded status at the end of the year	$ 3,935	$ 3,599

Note 15 - Employee Benefit Pl_5

Note 15 - Employee Benefit Plans - Amounts Recognized in Balance Sheet (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Benefit obligation	$ 5,222	$ 4,493	$ 5,223
Fair value of assets	9,157	8,092	$ 8,513
Interest cost	182	173
Grayson Plan [Member]
Plan benefit cost	5,169	4,912
Unrecognized net actuarial loss	(1,234)	(1,313)
Amount recognized in other assets	3,935	3,599
Unrecognized net actuarial loss	(1,234)	(1,313)
Deferred taxes	259	275
Amount recognized in accumulated comprehensive income (loss), net	(975)	(1,038)
Benefit obligation	5,222	4,493
Fair value of assets	9,157	8,092
Unrecognized net actuarial loss	1,234	1,313
Prepaid benefit cost	5,169	4,912
Interest cost	182	173
Expected return on plan assets	(551)	(576)
Recognized net loss due to settlement	71
Recognized net actuarial loss	41	30
Net periodic benefit expense	(257)	(373)
Accumulated benefit obligation	5,222	4,493
Vested benefit obligation	$ 5,222	$ 4,493
Discount rate used for net periodic pension cost	4.25%	3.50%
Discount rate used for disclosure	3.25%	4.25%
Expected return on plan assets	7.00%	7.00%
Rate of compensation increase

Note 15 - Employee Benefit Pl_6

Note 15 - Employee Benefit Plans - Fair Values of Pension Plan Assets, by Asset Category (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Plan assets at fair value	$ 9,157	$ 8,092	$ 8,513
Fair Value, Inputs, Level 1 [Member]
Plan assets at fair value	9,157	8,092
Fair Value, Inputs, Level 2 [Member]
Plan assets at fair value
Fair Value, Inputs, Level 3 [Member]
Plan assets at fair value
Defined Benefit Plan, Cash Equivalents and Short-term Investments [Member]
Plan assets at fair value
Defined Benefit Plan, Cash Equivalents and Short-term Investments [Member] | Fair Value, Inputs, Level 1 [Member]
Plan assets at fair value
Defined Benefit Plan, Cash Equivalents and Short-term Investments [Member] | Fair Value, Inputs, Level 2 [Member]
Plan assets at fair value
Defined Benefit Plan, Cash Equivalents and Short-term Investments [Member] | Fair Value, Inputs, Level 3 [Member]
Plan assets at fair value
Mutual Fund [Member] | Equity Securities [Member]
Plan assets at fair value	4,749	3,848
Mutual Fund [Member] | Fixed Income Securities [Member]
Plan assets at fair value	4,408
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Plan assets at fair value	4,749	3,848
Mutual Fund [Member] | Fair Value, Inputs, Level 1 [Member] | Fixed Income Securities [Member]
Plan assets at fair value	4,408
Mutual Fund [Member] | Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Plan assets at fair value
Mutual Fund [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities [Member]
Plan assets at fair value
Mutual Fund [Member] | Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Plan assets at fair value
Mutual Fund [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Income Securities [Member]
Plan assets at fair value
Defined Benefit Plan, Cash and Cash Equivalents [Member] | Fixed Income Securities [Member]
Plan assets at fair value		4,244
Defined Benefit Plan, Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 1 [Member] | Fixed Income Securities [Member]
Plan assets at fair value		4,244
Defined Benefit Plan, Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities [Member]
Plan assets at fair value
Defined Benefit Plan, Cash and Cash Equivalents [Member] | Fair Value, Inputs, Level 3 [Member] | Fixed Income Securities [Member]
Plan assets at fair value

Note 15 - Employee Benefit Pl_7

Note 15 - Employee Benefit Plans - Estimated Future Benefit Payments (Details) $ in Thousands	Dec. 31, 2019USD ($)
2020	$ 430
2021	275
2022	230
2023	1,206
2024	425
2025 – 2029	1,303
	$ 3,869

Note 15 - Employee Benefit Pl_8

Note 15 - Employee Benefit Plans - Pension Plan's Weighted-Average Asset Allocations, by Asset Category (Details)	Dec. 31, 2019	Dec. 31, 2018
Defined benefit plan target asset allocations	100.00%	100.00%
Mutual Fund [Member] | Fixed Income Securities [Member]
Defined benefit plan target asset allocations	48.00%	52.00%
Mutual Fund [Member] | Equity Securities [Member]
Defined benefit plan target asset allocations	52.00%	48.00%
Defined Benefit Plan, Cash and Cash Equivalents [Member]
Defined benefit plan target asset allocations	0.00%	0.00%

Note 15 - Employee Benefit Pl_9

Note 15 - Employee Benefit Plans (Funded Status - Market Value of Plan Assets Divided by Funding Target) as of July 1 (Details)	Dec. 31, 2019	Dec. 31, 2018
Bank of Floyd Plan [Member]
Funded status (market value of plan assets divided by funding target) as of July 1	103.97%	106.44%

Note 16 - Deferred Compensati_2

Note 16 - Deferred Compensation and Supplemental Executive Retirement Plans (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Certain Executive Officers and Members of The Board of Directors [Member] | Deferred Compensation Plans [Member]
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	10 years
Deferred Compensation Arrangement with Individual, Employee's Age Limit for Payments	65
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 209,000	$ 258,000
Certain Executive Officers and Members of The Board of Directors [Member] | Deferred Compensation Plans [Member] | Salary and Benefits Expense [Member]
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 18,000	$ 23,000
Deferred Compensation Arrangement with Individual, Present Value of Future Cash Flows, Discount Rate	8.00%	8.00%
Executive Officer [Member] | Skyline National Bank [Member]]
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 222,000	$ 143,000
Executive Officer [Member] | Skyline National Bank [Member]] | Salary and Benefits Expense [Member]
Deferred Compensation Arrangement with Individual, Compensation Expense	79,000	107,000
Former Members of Management [Member] | Supplemental Executive Plans of Bank of Floyd [Member]
Deferred Compensation Arrangement with Individual, Contributions by Employer	$ 69,000
Deferred Compensation Arrangement with Individual, Maximum Contractual Term	20 years
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 728,000	768,000
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 29,000	$ 32,000
Deferred Compensation Arrangement with Individual, Present Value of Future Cash Flows, Discount Rate	4.00%
Deferred Compensation Arrangement with Individual, Number of Employees Covered	2
Minimum [Member] | Certain Executive Officers and Members of The Board of Directors [Member] | Deferred Compensation Arrangement with Individual, by Type of Compensation, Pension and Other Postretirement Benefits [Member]
Deferred Compensation Arrangement with Individual, Contributions by Employer	$ 1,992
Minimum [Member] | Chief Executive Officer [Member] | Skyline National Bank [Member]]
Deferred Compensation Arrangement with Individual, Contributions by Employer	12,875
Maximum [Member] | Certain Executive Officers and Members of The Board of Directors [Member] | Deferred Compensation Arrangement with Individual, by Type of Compensation, Pension and Other Postretirement Benefits [Member]
Deferred Compensation Arrangement with Individual, Contributions by Employer	37,200
Maximum [Member] | Chief Executive Officer [Member] | Skyline National Bank [Member]]
Deferred Compensation Arrangement with Individual, Contributions by Employer	$ 80,000

Note 17 - Income Taxes (Details

Note 17 - Income Taxes (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Liability for Uncertainty in Income Taxes, Current	$ 0
Deferred Tax Assets, Valuation Allowance, Total	0	$ 0
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	$ 7,900
Earliest Tax Year [Member]
Operating Loss Carryforwards, Expiration Year	2031

Note 17 - Income Taxes - Compon

Note 17 - Income Taxes - Components of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Current	$ 1,189	$ (375)
Deferred	591	1,589
	$ 1,780	$ 1,214

Note 17 - Income Taxes - Reconc

Note 17 - Income Taxes - Reconciliation of Income Tax Expense Computed at Statutory Federal Income Tax Rate to Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Tax at statutory federal rate	$ 1,877	$ 1,205
Tax exempt interest income	(52)	(49)
Tax exempt insurance income	(92)	(155)
State income tax, net of federal benefit	48	21
Merger expenses		162
Other	(1)	30
Deferred tax asset re-measurement
	$ 1,780	$ 1,214

Note 17 - Income Taxes - Signif

Note 17 - Income Taxes - Significant Components of Net Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Allowance for loan losses	$ 838	$ 603
Acquired loan credit mark	684	1,061
Deferred compensation	315	322
Investment impairment charge recorded directly to stockholders’ equity as a component of other comprehensive income	47	57
Minimum pension liability	259	276
Net operating loss carryforward	1,666	1,738
Alternative minimum tax credit carryforward		294
Net unrealized losses on securities available for sale		247
Nonaccrual interest income	445	206
Purchase accounting adjustments	1	144
Other	103	216
	4,358	5,164
Deferred loan origination costs	365	635
Core deposit intangible	661	831
Accrued pension costs	1,113	1,049
Depreciation	1,059	795
Merger expenses	161
Net unrealized losses on securities available for sale	14
Accretion of discount on investment securities, net		1
	3,373	3,311
Net deferred tax asset	$ 985	$ 1,853

Note 18 - Commitments and Con_3

Note 18 - Commitments and Contingencies (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	$ 5,000,000

Note 18 - Commitments and Con_4

Note 18 - Commitments and Contingencies - Summary of Bank's Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financial instruments with off balance sheet risk	$ 96,503	$ 78,204
Commitments to Extend Credit [Member]
Financial instruments with off balance sheet risk	95,190	76,977
Standby Letters of Credit [Member]
Financial instruments with off balance sheet risk	$ 1,313	$ 1,227

Note 19 - Transactions With R_3

Note 19 - Transactions With Related Parties (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deposits, Total	$ 611,211	$ 601,868
Directors and Executive Officers [Member]
Deposits, Total	$ 8,600	$ 8,200

Note 19 - Transactions With R_4

Note 19 - Transactions With Related Parties - Loan Transactions with Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Balance, beginning	$ 7,549	$ 4,769
New loans	2,053	2,662
Repayments	(2,735)	(2,502)
Change in relationship	102	2,620
Balance, ending	$ 6,969	$ 7,549

Note 20 - Regulatory Restrict_3

Note 20 - Regulatory Restrictions (Details Textual) - USD ($) $ in Millions	Jan. 01, 2015	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Jan. 01, 2016
Percentage of Aggregate Transfer of Capital and Surplus by Banking Subsidiaries		10.00%
Collateral Requirements, Minimum Percentage Collateral to Fair Value of Securities Loaned from Subsidiary Under Security Lending Transactions		20.00%
Capital Required to be Well Capitalized to Risk Weighted Assets		10.00%		10.00%
Legal Limit on Loans to an Affiliate		$ 7.9
Common Equity Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		4.50%		4.50%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		6.00%		6.00%
Tier One Leverage Capital to Average Assets		12.86%		12.36%
Common Equity Tier One Capital Ratio		12.86%		12.36%
Tier One Risk Based Capital to Risk Weighted Assets		13.53%		13.00%
Capital to Risk Weighted Assets		10.80%
Capital Required for Capital Adequacy to Risk Weighted Assets		8.00%		8.00%
Common Equity Tier One Capital Required to Be Well Capitalized to Risk Weighted Assets		6.50%		6.50%
Federal Home Loan Bank, Leverage Ratio, Actual		9.00%
FDIC Indemnification Asset, Ending Balance		$ 10
Basel III [Member]
Capital Required for Capital Adequacy to Risk Weighted Assets	4.00%
Common Equity Tier One Capital Required to Be Well Capitalized to Risk Weighted Assets		5.53%			6.50%
Basel III [Member] | Current Regulatory Requirements [Member]
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%
Capital Conservation Buffer					0.625%
Basel III [Member] | Fully Phased-in Period Regulatory Requirements [Member]
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%
Capital Conservation Buffer	2.50%		2.50%
Basel III [Member] | Minimum [Member]
Common Equity Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets				4.50%
Basel III [Member] | Minimum [Member] | Current Regulatory Requirements [Member]
Capital Conservation Buffer Percentage, at Fully Phased-in Stage	8.00%
Tier One Leverage Capital to Average Assets	4.00%
Basel III [Member] | Minimum [Member] | Fully Phased-in Period Regulatory Requirements [Member]
Common Equity Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	7.00%
Common Equity Tier One Capital Ratio	4.50%
Common Equity, Tier One Risk Based Capital To Risk Weighted Assets, Capital Conservation Buffer	2.50%
Tier One Risk Based Capital to Risk Weighted Assets	8.50%
Capital to Risk Weighted Assets	8.00%				8.00%
Tier One Risk Based Capital to Risk Weighted Assets, Capital Conversion Buffer	2.50%
Capital Required for Capital Adequacy to Risk Weighted Assets	10.50%
FDIA [Member] | Minimum [Member]
Common Equity Tier One Capital Required to Be Well Capitalized to Risk Weighted Assets					10.00%
FDIA [Member] | Minimum [Member] | Current Regulatory Requirements [Member]
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets					5.00%

Note 20 - Regulatory Restrict_4

Note 20 - Regulatory Restrictions - Capital Requirements Actual Capital Amounts and Ratios (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Tier 1 Capital to Risk Weighted Assets, Actual Amount	$ 78,652	$ 71,424
Tier 1 Capital to Risk Weighted Assets, Actual Ratio	13.53%	13.00%
Tier 1 Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Amount	$ 46,499	$ 43,943
Tier 1 Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Ratio	8.00%	8.00%
Tier 1 Capital to Risk Weighted Assets, Minimum To Be Well Capitalized Amount	$ 58,124	$ 54,929
Total Capital to Risk Weighted Assets, Minimum To Be Well Capitalized Ratio	10.00%	10.00%
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual Amount	$ 74,726	$ 67,899
Common Equity Tier 1 Capital to Risk Weighted Assets, Actual Ratio	12.86%	12.36%
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Amount	$ 34,874	$ 32,958
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Ratio	6.00%	6.00%
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum To Be Well Capitalized Amount	$ 46,499	$ 43,943
Tier 1 Capital to Average Assets, Actual Amount	$ 74,726	$ 67,899
Tier 1 Capital to Average Assets, Actual Ratio	12.86%	12.36%
Tier 1 Capital to Average Assets, Minimum For Capital Adequacy Purposes Amount	$ 26,156	$ 24,718
Tier 1 Capital to Average Assets, Minimum For Capital Adequacy Purposes Ratio	4.50%	4.50%
Tier 1 Capital to Average Assets, Minimum To Be Well Capitalized Under Amount	$ 37,780	$ 35,704
Common Equity Tier 1 Capital to Risk Weighted Assets, Minimum To Be Well Capitalized Ratio	6.50%	6.50%
Total Capital to Risk Weighted Assets, Actual Amount	$ 74,726
Total Capital to Risk Weighted Assets, Actual Ratio	10.80%
Total Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Amount	$ 27,680
Total Capital to Risk Weighted Assets, Minimum For Capital Adequacy Purposes Ratio	4.00%	4.00%
Total Capital to Risk Weighted Assets, Minimum To Be Well Capitalized Amount	$ 34,599
Tier 1 Capital to Average Assets, Minimum To Be Well Capitalized Ratio	5.00%	5.00%

Note 21 - Parent Company Fina_3

Note 21 - Parent Company Financial Information - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash and due from banks	$ 8,388	$ 8,858
Federal funds sold	1,138	18,990
Other assets	9,492	9,948
Total assets	706,290	680,284
Other liabilities	3,519	2,705
Common stock
Surplus	40,752	41,660
Retained earnings	41,600	35,929
Accumulated other comprehensive loss	(924)	(1,967)
Total stockholders’ equity	81,428	75,622	$ 57,182
Total liabilities and stockholders’ equity	706,290	680,284
Parent Company [Member]
Cash and due from banks	52	1,409
Federal funds sold	532
Investment in affiliate bank	80,587	73,813
Other assets	326	468
Total assets	81,497	75,690
Other liabilities	69	68
Common stock
Surplus	40,752	41,660
Retained earnings	41,600	35,929
Accumulated other comprehensive loss	(924)	(1,967)
Total stockholders’ equity	81,428	75,622
Total liabilities and stockholders’ equity	$ 81,497	$ 75,690

Note 21 - Parent Company Fina_4

Note 21 - Parent Company Financial Information - Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Dividends	$ 121	$ 97
Federal funds sold	249	228
Other income	309	122
Professional fees	667	452
Other expense	2,204	1,968
Federal income tax benefit	(1,780)	(1,214)
Net income	7,155	4,526
Parent Company [Member]
Dividends	1,484	1,123
Federal funds sold	3
Other income		1
	1,487	1,124
Professional fees	74	68
Other expense	5	8
	79	76
Income before tax benefit and equity in undistributed income of affiliate	1,408	1,048
Federal income tax benefit	16	16
Income before equity in undistributed income of affiliate	1,424	1,064
Equity in undistributed income of affiliate	5,731	3,462
Net income	$ 7,155	$ 4,526

Note 21 - Parent Company Fina_5

Note 21 - Parent Company Financial Information - Statements of Cash Flow (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 7,155	$ 4,526
Change in other assets	1,206	(210)
Other liabilities	95	25
Net cash provided by operating activities	9,416	6,279
Net decrease in loans	32,354	16,785
Cash received in business combination		25,761
Net cash provided by investing activities	(22,371)	30,774
Cash paid for fractional shares		(1)
Common stock repurchased	(908)
Dividends paid	(1,484)	(1,123)
Net cash used by financing activities	17,335	(19,921)
Net decrease in cash and cash equivalents	4,380	17,132
Cash and cash equivalents, beginning	40,007	22,875
Cash and cash equivalents, ending	44,387	40,007
Stock issued to acquire Great State Bank		15,495
Parent Company [Member]
Net income	7,155	4,526
Equity in undistributed income of affiliate	(5,731)	(3,462)
Change in other assets	142	(80)
Other liabilities	1	31
Net cash provided by operating activities	1,567	1,015
Net decrease in loans
Cash received in business combination
Net cash provided by investing activities
Cash paid for fractional shares		(1)
Common stock repurchased	(908)
Dividends paid	(1,484)	(1,123)
Net cash used by financing activities	(2,392)	(1,124)
Net decrease in cash and cash equivalents	(825)	(109)
Cash and cash equivalents, beginning	1,409	1,518
Cash and cash equivalents, ending	584	1,409
Elimination of Company’s existing investment in Great State Bank		198
Stock issued to acquire Great State Bank		$ 15,495