Skyline Bankshares (SLBK) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 12, 2021
Document Information [Line Items]
Entity Central Index Key	0001657642
Entity Registrant Name	Parkway Acquisition Corp.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	333-209052
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	47-5486027
Entity Address, Address Line One	101 Jacksonville Circle
Entity Address, City or Town	Floyd
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	24091
City Area Code	540
Local Phone Number	745-4191
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		5,981,100

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 15,835	$ 10,009
Interest-bearing deposits with banks	4,757	84,863
Federal funds sold	99,891	817
Investment securities available for sale	107,422	33,507
Restricted equity securities	2,209	2,416
Loans, net of allowance for loan losses of $5,550 at September 30, 2021 and $4,900 at December 31, 2020	680,567	659,195
Cash value of life insurance	18,628	18,304
Properties and equipment, net	30,268	26,591
Accrued interest receivable	2,414	2,355
Core deposit intangible	1,898	2,359
Goodwill	3,257	3,257
Deferred tax assets, net	1,509	1,019
Other assets	11,519	10,695
Assets, Total	980,174	855,387
Liabilities
Noninterest-bearing	291,058	231,852
Interest-bearing	587,194	523,676
Total deposits	878,252	755,528
FHLB advances	10,000	10,000
Accrued interest payable	122	124
Other liabilities	3,420	4,629
Liabilities, Total	891,794	770,281
Commitments and contingencies (Note 9)
Stockholders’ Equity
Preferred stock, no par value; 5,000,000 shares authorized, none issued	0	0
Common stock, no par value; 25,000,000 shares authorized, 5,981,100 and 6,045,775 issued and outstanding at September 30, 2021 and December 31, 2020, respectively	0	0
Surplus	38,812	39,740
Retained earnings	51,112	45,887
Accumulated other comprehensive loss	(1,544)	(521)
Stockholders' Equity Attributable to Parent, Ending Balance	88,380	85,106
Liabilities and Equity, Total	$ 980,174	$ 855,387

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Allowance for loan losses	$ 5,550	$ 4,900
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)	5,981,100	6,045,775
Common stock, outstanding (in shares)	5,981,100	6,045,775

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest income
Loans and fees on loans	$ 8,259	$ 7,631	$ 24,092	$ 22,490
Interest-bearing deposits in banks	19	23	85	176
Federal funds sold	11	0	11	3
Interest on taxable securities	358	146	952	467
Interest on nontaxable securities	12	8	34	13
Dividends	8	12	66	80
Interest and Dividend Income, Operating, Total	8,667	7,820	25,240	23,229
Interest expense
Deposits	556	848	1,857	2,508
Interest on borrowings	21	26	62	71
Interest Expense, Total	577	874	1,919	2,579
Net interest income	8,090	6,946	23,321	20,650
Provision for loan losses	219	291	576	1,027
Net interest income after provision for loan losses	7,871	6,655	22,745	19,623
Noninterest income
Net realized gains on securities	265	103	265	315
Increase in cash value of life insurance	108	108	324	324
Other income	53	85	387	205
Noninterest Income, Total	1,813	1,397	4,842	4,026
Noninterest expenses
Salaries and employee benefits	3,645	3,590	10,812	10,651
Occupancy and equipment	907	852	2,696	2,410
Foreclosed asset expense, net	1	2	1	2
Data processing expense	468	450	1,434	1,333
FDIC Assessments	76	60	229	135
Advertising	172	192	473	482
Bank franchise tax	126	133	379	365
Director fees	58	79	205	210
Professional fees	107	128	455	375
Telephone expense	100	101	298	284
Core deposit intangible amortization	134	163	461	548
Other expense	489	529	1,542	1,632
Noninterest Expense, Total	6,283	6,279	18,985	18,427
Net income before income taxes	3,401	1,773	8,602	5,222
Income tax expense	701	358	1,753	1,034
Net income	$ 2,700	$ 1,415	$ 6,849	$ 4,188
Net income per share (in dollars per share)	$ 0.45	$ 0.23	$ 1.14	$ 0.69
Weighted average shares outstanding (in shares)	6,003,504	6,060,775	6,028,449	6,082,950
Dividends declared per share (in dollars per share)	$ 0.14	$ 0.13	$ 0.27	$ 0.26
Deposit Account [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 444	$ 354	$ 1,071	$ 1,044
Financial Service, Other [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	668	562	1,934	1,572
Mortgage Banking [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 275	$ 185	$ 861	$ 566

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 2,700	$ 1,415	$ 6,849	$ 4,188
Unrealized gains (losses) on investment securities available for sale:
Unrealized gains (losses) arising during the period	106	33	(1,030)	958
Tax related to unrealized (gains) losses	(22)	(7)	216	(201)
Reclassification of net realized gains during the period	(265)	(103)	(265)	(315)
Tax related to realized gains	56	22	56	66
Total other comprehensive income (loss)	(125)	(55)	(1,023)	508
Total comprehensive income	2,575	1,360	5,826	4,696
Net income	$ 2,700	$ 1,415	$ 6,849	$ 4,188

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2019	6,137,275
Balance at Dec. 31, 2019	$ 0	$ 40,752	$ 41,600	$ (924)	$ 81,428
Net income	0	0	1,676	0	1,676
Other comprehensive income (loss)	0	0	0	(39)	(39)
Dividends paid	$ 0	0	(794)	0	(794)
Common stock repurchased (in shares)	(70,000)
Common stock repurchased	$ 0	(800)	0	0	(800)
Balance (in shares) at Mar. 31, 2020	6,067,275
Balance at Mar. 31, 2020	$ 0	39,952	42,482	(963)	81,471
Balance (in shares) at Dec. 31, 2019	6,137,275
Balance at Dec. 31, 2019	$ 0	40,752	41,600	(924)	81,428
Net income					4,188
Other comprehensive income (loss)					508
Balance (in shares) at Sep. 30, 2020	6,060,775
Balance at Sep. 30, 2020	$ 0	39,885	44,206	(416)	83,675
Balance (in shares) at Mar. 31, 2020	6,067,275
Balance at Mar. 31, 2020	$ 0	39,952	42,482	(963)	81,471
Net income	0	0	1,097	0	1,097
Other comprehensive income (loss)	$ 0	0	0	602	602
Common stock repurchased (in shares)	(6,500)
Common stock repurchased	$ 0	(67)	0	0	(67)
Balance (in shares) at Jun. 30, 2020	6,060,775
Balance at Jun. 30, 2020	$ 0	39,885	43,579	(361)	83,103
Net income	0	0	1,415	0	1,415
Other comprehensive income (loss)	0	0	0	(55)	(55)
Dividends paid	$ 0	0	(788)	0	(788)
Balance (in shares) at Sep. 30, 2020	6,060,775
Balance at Sep. 30, 2020	$ 0	39,885	44,206	(416)	83,675
Balance (in shares) at Dec. 31, 2020	6,045,775
Balance at Dec. 31, 2020	$ 0	39,740	45,887	(521)	85,106
Net income	0	0	1,847	0	1,847
Other comprehensive income (loss)	0	0	0	(1,362)	(1,362)
Dividends paid	$ 0	0	(785)	0	(785)
Common stock repurchased (in shares)	(10,000)
Common stock repurchased	$ 0	(109)	0	0	(109)
Restricted stock issued (in shares)	14,500
Restricted stock issued	$ 0	0	0	0	0
Balance (in shares) at Mar. 31, 2021	6,050,275
Balance at Mar. 31, 2021	$ 0	39,631	46,949	(1,883)	84,697
Balance (in shares) at Dec. 31, 2020	6,045,775
Balance at Dec. 31, 2020	$ 0	39,740	45,887	(521)	85,106
Net income					6,849
Other comprehensive income (loss)					(1,023)
Balance (in shares) at Sep. 30, 2021	5,981,100
Balance at Sep. 30, 2021	$ 0	38,812	51,112	(1,544)	88,380
Balance (in shares) at Mar. 31, 2021	6,050,275
Balance at Mar. 31, 2021	$ 0	39,631	46,949	(1,883)	84,697
Net income	0	0	2,302	0	2,302
Other comprehensive income (loss)	$ 0	0	0	464	464
Common stock repurchased (in shares)	(35,000)
Common stock repurchased	$ 0	(427)	0	0	(427)
Share-based compensation	$ 0	14	0	0	14
Balance (in shares) at Jun. 30, 2021	6,015,275
Balance at Jun. 30, 2021	$ 0	39,218	49,251	(1,419)	87,050
Net income	0	0	2,700	0	2,700
Other comprehensive income (loss)	0	0	0	(125)	(125)
Dividends paid	$ 0	0	(839)	0	(839)
Common stock repurchased (in shares)	(34,175)
Common stock repurchased	$ 0	(420)	0	0	(420)
Share-based compensation	$ 0	14	0	0	14
Balance (in shares) at Sep. 30, 2021	5,981,100
Balance at Sep. 30, 2021	$ 0	$ 38,812	$ 51,112	$ (1,544)	$ 88,380

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Mar. 31, 2020
Dividends paid per share (in dollars per share)	$ 0.14	$ 0.13	$ 0.13	$ 0.13

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities
Net income	$ 6,849	$ 4,188
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	1,125	1,010
Amortization of core deposit intangible	461	548
Accretion of loan discount and deposit premium, net	(844)	(1,088)
Provision for loan losses	576	1,027
Deferred income taxes	(218)	(604)
Net realized gains on securities	(265)	(315)
Accretion of discount on securities, net of amortization of premiums	251	213
Deferred compensation	16	(4)
Share-based compensation	28	0
Losses on disposal of properties and equipment	1	0
Changes in assets and liabilities:
Cash value of life insurance	(324)	(324)
Accrued interest receivable	(59)	(593)
Other assets	(910)	(172)
Accrued interest payable	(2)	80
Other liabilities	(1,132)	185
Net cash provided by operating activities	5,553	4,151
Cash flows from investing activities
Purchases	(91,541)	(12,187)
Sales	8,619	10,739
Maturities/calls/paydowns	7,726	4,663
Sales (purchases) of restricted equity securities	207	(22)
Net increase in loans	(21,189)	(106,572)
Purchases of property and equipment	(4,810)	(4,408)
Net cash used in investing activities	(100,988)	(107,787)
Cash flows from financing activities
Net increase (decrease) in deposits	122,809	102,955
Net change in paycheck protection program liquidity facility advances	0	5,375
Common stock repurchased	(956)	(867)
Dividends paid	(1,624)	(1,582)
Net cash provided by financing activities	120,229	105,881
Net increase (decrease) in cash and cash equivalents	24,794	2,245
Cash and cash equivalents, beginning	95,689	44,387
Cash and cash equivalents, ending	120,483	46,632
Supplemental disclosure of cash flow information
Interest paid	1,921	2,499
Taxes paid	2,063	1,533
Supplemental disclosure of noncash investing activities
Effect on equity of change in net unrealized gain on available for sale securities	(1,023)	508
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 11	$ 68

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
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, July 1, 2016. March 13, 2017, On March 1, 2018, July 1, 2018. The Bank was organized under the laws of the United States in 1900 twenty-four one The consolidated financial statements as of September 30, 2021 nine three September 30, 2021 2020 December 31, 2020, 10 December 31, 2020. nine three September 30, 2021 not 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, Business Combinations one one not No Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles (“GAAP”) 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 amortized cost. The Company does not Securities Available for Sale Available for sale securities are reported at fair value and consist of mortgage-backed, U.S. government agencies, corporate, and state and municipal 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. The amortization of premiums and accretion of discounts are recognized in interest income using the effective interest method over the period to maturity for discounts and the earlier of call date or maturity for premiums. 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 Operating, Accounting and Reporting Considerations related to COVID- 19 The COVID- 19 March 27, 2020. $2.2 19 not Accounting for Loan Modifications 4013 may 1 2 4 Paycheck Protection Program 7 December 27, 2020 2021 first second May 31, 2021. 3 Also, in response to the COVID- 19 March 22, 2020; April 7, 2020). not Accounting for Loan Modifications not may not 19 not 4 Past Due Reporting not not 19 not Nonaccrual Status and Charge-offs 19 not The Company began offering short-term loan modifications to assist borrowers during the COVID- 19 six 4013 not 19 19. 4013 six 12 August 3, 2020, 19. 4013 4013. 1 19 2 not 30 December 31, 2019; 3 March 1, 2020, 60 December 31, 2020. December 31, 2020 January 1, 2022 4013 not Small Business Administration Paycheck Protection Program The SBA-PPP is one March 27, 2020 19 February 15, 2020, August 8, 2020. eight 24 As a qualified SBA lender, we were automatically authorized to originate SBA-PPP loans and began taking applications on April 3, 2020. 1 2.5 2 $10.0 1.0%, two five six 100% Due to the unique nature of these provisions, SBA-PPP loans have been disclosed as a separate loan class. Origination fees received by the SBA are capitalized into the carrying amount of the loans. The deferred fee income, net of origination costs, is recognized over the life of the loan as an adjustment to yield using the straight-line method. The allowance for loan losses for SBA-PPP loans originated through September 30, 2021 zero 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 Share-Based Compensation The Parkway Acquisition Corp. 2020 March 17, 2020 August 18, 2020. As of September 30, 2021, 8 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 the Bank 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 the Bank’s and Floyd’s plans were amended to freeze benefit accruals for all eligible employees prior to the effective date of the Cardinal merger. The Bank’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 Assets 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 net 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 November 1 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 Cash Value of Life Insurance The Bank is owner and beneficiary of life insurance policies on certain current and former employees and directors. The Company records these policies in the consolidated balance sheets at cash surrender value, with changes recorded in noninterest income in the consolidated statements of income. Revenue Recognition Service Charges on Deposit Accounts - Other Service Charges and Fees - ● Credit and Debit Card Fees - nine September 30, 2021 2020 three September 30, 2021 2020 ● Insurance and Investment - nine September 30, 2021 2020 three September 30, 2021 2020 ● Mortgage Origination Fees nine September 30, 2021 2020 three September 30, 2021 2020 Leases We have performed an evaluation of our leasing contracts and activities. We have developed our methodology to estimate the right-of use assets and lease liabilities, which is based on the present value of lease payments. There was not 7 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 Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the years presented is not 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. 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 10. 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 Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income 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: Unrealized Gains And (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2019 $ 51 $ (975 ) $ (924 ) Other comprehensive income before reclassifications 757 - 757 Amounts reclassified from accumulated other comprehensive income, net of tax (249 ) - (249 ) Balance September 30, 2020 $ 559 $ (975 ) $ (416 ) Balance, December 31, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive income before reclassifications (814 ) - (814 ) Amounts reclassified from accumulated other comprehensive income, net of tax (209 ) - (209 ) Balance September 30, 2021 $ (441 ) $ (1,103 ) $ (1,544 ) 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. 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 June 2016, No. 2016 13, Financial Instruments Credit Losses (Topic 326 July 2019, December 31, 2022, October 16, 2019 In January 2017, not 2 not December 15, 2022. January 1, 2017. In May 2019, 2016 13, December 15, 2022. not In November 2019, 2016 13. not 2016 13, December 15, 2022, 2016 13. not In November 2019, not December 15, 2022, In March 2020, March 12, 2020 December 31, 2022. not In August 2021, No. 33 10786, No. 33 10835, not Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not

Note 2 - Investment Securities

Note 2 - Investment Securities	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2. Investment 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 September 30, 2021 December 31, 2020 (dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value September 30, 2021 Available for sale: U.S. Government agencies $ 15,295 $ 28 $ (84 ) $ 15,239 Mortgage-backed securities 56,124 377 (795 ) 55,706 Corporate securities 1,500 - - 1,500 State and municipal securities 35,062 297 (382 ) 34,977 $ 107,981 $ 702 $ (1,261 ) $ 107,422 December 31, 2020 Available for sale: Mortgage-backed securities $ 15,212 $ 472 $ - $ 15,684 Corporate securities 1,500 - - 1,500 State and municipal securities 16,059 295 (31 ) 16,323 $ 32,771 $ 767 $ (31 ) $ 33,507 Restricted equity securities totaled $2.2 million and $2.4 million at September 30, 2021 December 31, 2020, may The following tables details unrealized losses and related fair values in the Company’s 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 September 30, 2021 December 31, 2020. Less Than 12 Months 12 Months or More Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2021 Available for sale: U.S. Government agencies $ 10,927 $ (84 ) $ - $ - $ 10,927 $ (84 ) Mortgage-backed securities 40,501 (795 ) - - 40,501 (795 ) Corporate securities - - - - - - State and municipal securities 15,762 (356 ) 1,509 (26 ) 17,271 (382 ) Total securities available for sale $ 67,190 $ (1,235 ) $ 1,509 $ (26 ) $ 68,699 $ (1,261 ) December 31, 2020 Available for sale: U.S. Government agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities - - - - - - Corporate securities - - - - - - State and municipal securities 3,694 (31 ) - - 3,694 (31 ) Total securities available for sale $ 3,694 $ (31 ) $ - $ - $ 3,694 $ (31 ) At September 30, 2021, not not none September 30, 2021. no not Proceeds from sales of investment securities available for sale were $8.62 million and $10.74 million for the nine September 30, 2021 2020 three September 30, 2021 2020, nine September 30, 2021 2020, nine three September 30, 2021 2020 Nine Months Ended September 30 Three Months Ended September 30 (dollars in thousands) 2021 2020 2021 2020 Realized gains $ 265 $ 315 $ 265 $ 103 Realized losses - - - - $ 265 $ 315 $ 265 $ 103 There were no may The scheduled maturities of securities available for sale at September 30, 2021 (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 2,810 $ 2,847 Due after one year through five years 4,777 4,835 Due after five years through ten years 26,891 26,743 Due after ten years 73,503 72,997 $ 107,981 $ 107,422 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 $23.2 million and $14.1 million at September 30, 2021 December 31, 2020,

Note 3 - Loans Receivable

Note 3 - Loans Receivable	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 3. The major components of loans in the consolidated balance sheets at September 30, 2021 December 31, 2020 (dollars in thousands) 2021 2020 Construction & development $ 44,435 $ 46,053 Farmland 28,082 32,449 Residential 292,670 279,893 Commercial mortgage 229,118 203,886 Commercial & agricultural 32,726 33,663 SBA-PPP 37,762 51,118 Consumer & other 21,324 17,033 Total loans 686,117 664,095 Allowance for loan losses (5,550 ) (4,900 ) Loans, net of allowance for loan losses $ 680,567 $ 659,195 As of September 30, 2021 December 31, 2020, 1 4 Small Business Administration Paycheck Protection Program Gross SBA-PPP loans totaling $40.8 million with net deferred fees of $3.0 million remained on the balance sheet as of September 30, 2021. December 31, 2020. September 30, 2021 December 31, 2020 (dollars in thousands) September 30, 2021 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 1 0.07 % $ 1,947 5.16 % Over $350,000 to less than $2 million 18 1.26 % 8,062 21.35 % Up to $350,000 1,415 98.67 % 27,753 73.49 % Total 1,434 100.00 % $ 37,762 100.00 % (dollars in thousands) December 31, 2020 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 2 0.20 % $ 7,267 14.22 % Over $350,000 to less than $2 million 18 1.78 % 11,693 22.87 % Up to $350,000 988 98.02 % 32,158 62.91 % Total 1,008 100.00 % $ 51,118 100.00 % A summary of our SBA-PPP loans as of September 30, 2021 December 31, 2020 (dollars in thousands) September 30, 2021 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 46 3.21 % $ 3,929 10.41 % Retail Trade 102 7.11 % 1,848 4.89 % Construction 190 13.25 % 3,980 10.54 % Health Care & Social Assistance 40 2.79 % 2,543 6.73 % Accommodation & Retail Services 90 6.27 % 6,021 15.95 % Educational Services 9 0.63 % 2,432 6.44 % General & Other 957 66.74 % 17,009 45.04 % Total 1,434 100.00 % $ 37,762 100.00 % (dollars in thousands) December 31, 2020 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 74 7.34 % $ 14,327 28.03 % Retail Trade 134 13.29 % 5,247 10.26 % Construction 127 12.60 % 3,577 7.00 % Health Care & Social Assistance 73 7.24 % 3,550 6.94 % Accommodation & Retail Services 91 9.03 % 3,705 7.25 % Educational Services 7 0.70 % 4,825 9.44 % General & Other 502 49.80 % 15,887 31.08 % Total 1,008 100.00 % $ 51,118 100.00 %

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses and Impaired Loans	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. 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. As noted in Note 1, zero September 30, 2021 December 31, 2020: Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended September 30, 2021 Allowance for loan losses: Balance, June 30, 2021 $ 428 $ 344 $ 2,320 $ 1,843 $ 273 $ 134 $ 5,342 Charge-offs - - - - (8 ) (22 ) (30 ) Recoveries 1 - - - 8 10 19 Provision 59 (32 ) 117 86 (3 ) (8 ) 219 Balance, September 30, 2021 $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 For the Three Months Ended September 30, 2020 Allowance for loan losses: Balance, June 30, 2020 $ 415 $ 472 $ 2,126 $ 1,051 $ 450 $ 140 $ 4,654 Charge-offs (8 ) - (48 ) (61 ) (14 ) (28 ) (159 ) Recoveries - - - - - 8 8 Provision - (8 ) 89 246 (38 ) 2 291 Balance, September 30, 2020 $ 407 $ 464 $ 2,167 $ 1,236 $ 398 $ 122 $ 4,794 For the Nine Months Ended September 30, 2021 Allowance for loan losses: Balance, December 31, 2020 $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Charge-offs - - - - (8 ) (73 ) (81 ) Recoveries 3 - 2 61 53 36 155 Provision (14 ) (94 ) 268 447 (68 ) 37 576 Balance, September 30, 2021 $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 For the Nine Months Ended September 30, 2020 Allowance for loan losses: Balance, December 31, 2019 $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Charge-offs (8 ) - (48 ) (61 ) (14 ) (106 ) (237 ) Recoveries 4 - 11 65 2 29 111 Provision 106 (23 ) 382 308 199 55 1,027 Balance, September 30, 2020 $ 407 $ 464 $ 2,167 $ 1,236 $ 398 $ 122 $ 4,794 September 30, 2021 Allowance for loan losses: Ending Balance $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 Ending balance: individually evaluated for impairment $ 5 $ - $ - $ - $ - $ - $ 5 Ending balance: collectively evaluated for impairment $ 483 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,545 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 44,435 $ 28,082 $ 292,670 $ 229,118 $ 32,726 $ 21,324 $ 648,355 Ending balance: individually evaluated for impairment $ 732 $ 2,349 $ - $ - $ - $ - $ 3,081 Ending balance: collectively evaluated for impairment $ 43,703 $ 25,733 $ 292,533 $ 229,014 $ 32,630 $ 21,324 $ 644,937 Ending balance: purchased credit impaired loans $ - $ - $ 137 $ 104 $ 96 $ - $ 337 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, 2020 Allowance for loan losses: Ending Balance $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 46,053 $ 32,449 $ 279,893 $ 203,886 $ 33,663 $ 17,033 $ 612,977 Ending balance: individually evaluated for impairment $ - $ 2,580 $ - $ - $ - $ - $ 2,580 Ending balance: collectively evaluated for impairment $ 46,053 $ 29,869 $ 279,751 $ 203,773 $ 33,567 $ 17,033 $ 610,046 Ending balance: purchased credit impaired loans $ - $ - $ 142 $ 113 $ 96 $ - $ 351 As of September 30, 2021 December 31, 2020, 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 September 30, 2021 December 31, 2020, no The following table lists the loan grades utilized by the Bank and the corresponding total of outstanding loans in each category as of September 30, 2021 December 31, 2020: Credit Risk Profile by Internally Assigned Grades Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total September 30, 2021 Real Estate Secured: Construction & development $ 43,583 $ - $ - $ 852 $ 44,435 Farmland 22,275 840 484 4,483 28,082 Residential 290,317 358 604 1,391 292,670 Commercial mortgage 215,413 5,067 5,474 3,164 229,118 Non-Real Estate Secured: Commercial & agricultural 32,341 - 45 340 32,726 SBA-PPP 37,762 - - - 37,762 Consumer & other 21,324 - - - 21,324 Total $ 663,015 $ 6,265 $ 6,607 $ 10,230 $ 686,117 December 31, 2020 Real Estate Secured: Construction & development $ 44,909 $ 427 $ 122 $ 595 $ 46,053 Farmland 25,607 419 496 5,927 32,449 Residential 277,811 659 - 1,423 279,893 Commercial mortgage 188,156 8,692 3,647 3,391 203,886 Non-Real Estate Secured: Commercial & agricultural 32,467 468 161 567 33,663 SBA-PPP 51,118 - - - 51,118 Consumer & other 17,028 - - 5 17,033 Total $ 637,096 $ 10,665 $ 4,426 $ 11,908 $ 664,095 Loans may may first The following table presents an age analysis of nonaccrual and past due loans by category as of September 30, 2021 December 31, 2020: Analysis of Past Due and Nonaccrual Loans (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 September 30, 2021 Real Estate Secured: Construction & development $ - $ - $ 426 $ 426 $ 44,009 $ 44,435 $ - $ 426 Farmland - - 127 127 27,955 28,082 - 736 Residential 495 40 279 814 291,856 292,670 - 663 Commercial mortgage 10 - 46 56 229,062 229,118 - 124 Non-Real Estate Secured: Commercial & agricultural - 1 96 97 32,629 32,726 - 110 SBA-PPP - - - - 37,762 37,762 - - Consumer & other 1 9 - 10 21,314 21,324 - - Total $ 506 $ 50 $ 974 $ 1,530 $ 684,587 $ 686,117 $ - $ 2,059 December 31, 2020 Real Estate Secured: Construction & development $ 71 $ - $ - $ 71 $ 45,982 $ 46,053 $ - $ 11 Farmland 100 - 914 1,014 31,435 32,449 - 3,937 Residential 386 29 240 655 279,238 279,893 - 557 Commercial mortgage - - 24 24 203,862 203,886 - 109 Non-Real Estate Secured: Commercial & agricultural 14 15 155 184 33,479 33,663 - 189 SBA-PPP - - - - 51,118 51,118 - - Consumer & other 7 - - 7 17,026 17,033 - - Total $ 578 $ 44 $ 1,333 $ 1,955 $ 662,140 $ 664,095 $ - $ 4,803 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 September 30, 2021 December 31, 2020, September 30, 2021 December 31, 2020, September 30, 2021 December 31, 2020, not September 30, 2021 December 31, 2020, The categories of non-accrual loans and impaired loans overlap, although they are not Management collectively evaluates performing TDRs with a loan balance of $250,000 or less for impairment. As of September 30, 2021 December 31, 2020, The following table is a summary of information related to impaired loans as of September 30, 2021 December 31, 2020: Impaired Loans Nine months ended Three months ended Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income (dollars in thousands) Investment 1 Balance Allowance Investment Recognized Investment Recognized September 30, 2021 With no related allowance recorded: Construction & development $ 426 $ 425 $ - $ 218 $ (5 ) $ 426 $ - Farmland 2,349 3,008 - 2,464 191 2,384 129 Residential - - - 198 25 - - Commercial mortgage - - - - - - - Commercial & agricultural - - - - - - - Consumer & other - - - 1 - - - Subtotal 2,775 3,433 - 2,881 211 2,810 129 With an allowance recorded: Construction & development 449 449 13 469 20 456 7 Farmland 126 142 2 126 6 126 2 Residential 2,425 2,602 136 2,469 108 2,448 39 Commercial mortgage 71 71 4 40 4 71 1 Commercial & agricultural 37 37 2 41 2 39 1 Consumer & other - - - - - - - Subtotal 3,108 3,301 157 3,145 140 3,140 50 Totals: Construction & development 875 874 13 687 15 882 7 Farmland 2,475 3,150 2 2,590 197 2,510 131 Residential 2,425 2,602 136 2,667 133 2,448 39 Commercial mortgage 71 71 4 40 4 71 1 Commercial & agricultural 37 37 2 41 2 39 1 Consumer & other - - - 1 - - - Total $ 5,883 $ 6,734 $ 157 $ 6,026 $ 351 $ 5,950 $ 179 1 Recorded investment is the loan balance, net of any charge-offs (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2020 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 2,580 3,151 - 2,731 18 Residential - - - - - Commercial mortgage - - - - - Commercial & agricultural - - - - - Consumer & other - - - - - Subtotal 2,580 3,151 - 2,731 18 With an allowance recorded: Construction & development 501 501 27 522 31 Farmland 127 144 2 375 11 Residential 2,906 3,082 159 4,057 222 Commercial mortgage 8 53 1 10 3 Commercial & agricultural 46 46 3 49 3 Consumer & other 1 1 - 2 - Subtotal 3,589 3,827 192 5,015 270 Totals: Construction & development 501 501 27 522 31 Farmland 2,707 3,295 2 3,106 29 Residential 2,906 3,082 159 4,057 222 Commercial mortgage 8 53 1 10 3 Commercial & agricultural 46 46 3 49 3 Consumer & other 1 1 - 2 - Total $ 6,169 $ 6,978 $ 192 $ 7,746 $ 288 1 Recorded investment is the loan balance, net of any charge-offs 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 The following table sets forth information with respect to the Bank’s troubled debt restructurings as of September 30, 2021 September 30, 2020: For the Nine Months Ended September 30, 2021 (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage 1 73 71 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 73 $ 71 - $ - $ - ( 1 Loans past due 30 During the nine September 30, 2021, one No twelve nine September 30, 2021. For the Three Months Ended September 30, 2021 (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total - $ - $ - - $ - $ - ( 1 Loans past due 30 During the three September 30, 2021, no No twelve September 30, 2021. For the Nine Months Ended September 30, 2020 (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development 3 $ 471 $ 470 - $ - $ - Farmland - - - - - - Residential 1 46 50 - - - Commercial mortgage - - - - - - Commercial & agricultural 1 20 20 - - - Consumer & other - - - - - - Total 5 $ 537 $ 540 - $ - $ - ( 1 Loans past due 30 During the nine September 30, 2020, one No twelve nine September 30, 2020. For the Three Months Ended September 30, 2020 (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development 1 $ 12 $ 12 - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 12 $ 12 - $ - $ - ( 1 Loans past due 30 During the three September 30, 2020, one No twelve September 30, 2020. Modifications in response to COVID- 19 The Company began offering short-term loan modifications to assist borrowers during the COVID- 19 six 19 19. six 12 not 19 not not 1 The Bank began receiving requests for loan deferments on March 23, 2020 September 30, 2021, 250 September 30, 2021 December 31, 2020 (dollars in thousands) 2021 2020 Classification # of Loans Balance # of Loans Balance Commercial Loans w/ First Deferment Accommodation & Retail Services - $ - - $ - Construction - - 1 47 General & Other - - - - Commercial Loans w/ Second Deferment Accommodation & Retail Services - - 1 752 Construction - - 1 36 Agriculture - - 2 603 Real Estate Rental - - 2 2,146 General & Other 1 404 - - Commercial Loans w/ Third Deferment Accommodation & Retail Services - - 2 4,438 Construction - - - - Manufacturing - - 1 153 Consumer Loans w/ First Deferment - - 7 782 Consumer Loans w/ Second Deferment - - 1 52 Total 1 $ 404 18 $ 9,009 Purchased Credit Impaired Loans During 2018, not September 30, 2021 December 31, 2020 (dollars in thousands) 2021 2020 Residential $ 137 $ 142 Commercial mortgage 104 113 Commercial & agricultural 96 96 Outstanding balance $ 337 $ 351 Carrying amount $ 337 $ 351 There was no There were no nine September 30, 2021 December 31, 2020. not

Note 5 - Employee Benefit Plan

Note 5 - Employee Benefit Plan	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 5. The Bank has a qualified noncontributory defined benefit pension plan that covers substantially all of its employees. Effective December 31, 2012, nine three September 30, 2021 2020. Nine Months Ended September 30, Three Months Ended September 30, (dollars in thousands) 2021 2020 2021 2020 Interest cost $ 108 $ 123 $ 36 $ 41 Expected return on plan assets (522 ) (471 ) (174 ) (157 ) Recognized net actuarial (gain)/loss 27 21 9 7 Net periodic benefit cost $ (387 ) $ (327 ) $ (129 ) $ (109 ) It has been Company 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, 2020 no 2021. not 2021.

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 6. Goodwill An analysis of goodwill during the nine September 30, 2021 December 31, 2020 September 30, December 31, (dollars in thousands) 2021 2020 Beginning of year $ 3,257 $ 3,257 Impairment - - End of the period $ 3,257 $ 3,257 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 September 30, 2021 December 31, 2020 September 30, December 31, (dollars in thousands) 2021 2020 Balance at beginning of year, net $ 2,359 $ 3,070 Amortization expense (461 ) (711 ) Net book value $ 1,898 $ 2,359 Aggregate amortization expense was $461 thousand and $548 thousand for the nine September 30, 2021 2020, three September 30, 2021 2020,

Note 7 - Leases

Note 7 - Leases	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 7. 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 2021, 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 rate available at the time of lease inception. 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 September 30, December 31, (dollars in thousands) 2021 2020 Lease liabilities $ 588 $ 680 Right-of-use assets $ 588 $ 680 Weighted average remaining lease term (years) 6.76 7.10 Weighted average discount rate 2.44 % 2.45 % Nine Months Ended September 30, (dollars in thousands) 2021 2020 Lease Expense Operating lease expense $ 115 $ 108 Short-term lease expense 22 25 Total lease expense $ 137 $ 133 Cash paid for amounts included in lease liabilities $ 115 $ 108 The following table presents a maturity schedule of undiscounted cash flows that contribute to the lease liabilities: (dollars in thousands) Three months ending December 31, 2021 $ 38 Twelve months ending December 31, 2022 123 Twelve months ending December 31, 2023 83 Twelve months ending December 31, 2024 69 Twelve months ending December 31, 2025 72 Thereafter 258 Total undiscounted cash flows $ 643 Less discount (55 ) Lease liabilities $ 588

Note 8 - Share-based Compensati

Note 8 - Share-based Compensation	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 8. The Parkway Acquisition Corp. 2020 March 17, 2020 August 18, 2020 ( The purpose of the Plan is to promote the success of the Company and its subsidiaries by providing incentives to key employees and non-employee directors that will promote the identification of their personal interests with the long-term financial success of the Company and with growth in shareholder value, consistent with the Company’s risk management practices. The Plan is designed to provide flexibility to the Company, including its subsidiaries, in its ability to attract, retain the services of, and motivate key employees and non-employee directors upon whose judgment, interest, and special effort the successful conduct of its operation is largely dependent. The Plan was effective on the Effective Date, and no may March 16, 2030. may not No 2020 December 31, 2020. On March 31, 2021, December 31, 2021, December 31, 2022, December 31, 2023, December 31, 2024. nine three September 30, 2021, September 30, 2021, Grant Date Fair Value of Restricted Stock that Weighted Vested During Number of Average Grant The Year Shares Date Fair Value (in thousands) Unvested as of December 31, 2020 - $ - Granted 14,500 11.30 Vested - - $ - Forfeited - - Unvested as of September 30, 2021 14,500 $ 11.30

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 9. 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 September 30, 2021 December 31, 2020 September 30, December 31, (dollars in thousands) 2021 2020 Commitments to extend credit $ 127,843 $ 111,778 Standby letters of credit 382 1,260 $ 128,225 $ 113,038 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 3. not

Note 10 - Financial Instruments

Note 10 - Financial Instruments	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	Note 10. The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments not September 30, 2021 December 31, 2020. 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, September 30, 2021 December 31, 2020, 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) September 30, 2021 Financial Instruments – Assets Net Loans $ 680,567 $ 676,591 $ - $ 676,402 $ 189 Financial Instruments – Liabilities Time Deposits 197,712 197,276 - 197,276 - FHLB Advances 10,000 9,863 9,863 - - December 31, 2020 Financial Instruments – Assets Net Loans $ 659,195 $ 653,454 $ - $ 653,255 $ 199 Financial Instruments – Liabilities Time Deposits 194,419 196,522 - 196,522 - FHLB Advances 10,000 9,765 9,765 - - 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 September 30, 2021 December 31, 2020, 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 September 30, 2021 December 31, 2020. Assets Recorded at Fair Value on a Recurring Basis (dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2021 Investment securities available for sale U.S. Government agencies $ 15,239 $ - $ 15,239 $ - Mortgage-backed securities 55,706 - 55,706 - Corporate securities 1,500 - 1,500 - State and municipal securities 34,977 - 34,977 - Total assets at fair value $ 107,422 $ - $ 107,422 $ - December 31, 2020 Investment securities available for sale Mortgage-backed securities $ 15,684 $ - $ 15,684 $ - Corporate securities 1,500 - 1,500 - State and municipal securities 16,323 - 16,323 - Total assets at fair value $ 33,507 $ - $ 33,507 $ - No September 30, 2021 December 31, 2020. no nine September 30, 2021 December 31, 2020. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may No September 30, 2021 December 31, 2020. (dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2021 Impaired loans $ 189 $ - $ - $ 189 Total assets at fair value $ 189 $ - $ - $ 189 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2020 Impaired loans $ 199 $ - $ - $ 199 Total assets at fair value $ 199 $ - $ - $ 199 For Level 3 September 30, 2021 December 31, 2020, Fair Value at September 30, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 189 $ 199 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10%

Note 11 - Short-term Debt

Note 11 - Short-term Debt	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Short-term Debt [Text Block]	Note 11. At September 30, 2021 December 31, 2020, At September 30, 2021,

Note 12 - Long-term Debt

Note 12 - Long-term Debt	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	Note 12. At September 30, 2021 December 31, 2020, 1 4 December 6, 2029. December 6, 2021.

Note 13 - Capital Requirements

Note 13 - Capital Requirements	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 13. 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 September 30, 2021 December 31, 2020, January 1, 2015. Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio September 30, 2021 Total Capital (to risk weighted assets) $ 89,701 12.54 % $ 57,228 8.00 % $ 71,535 10.00 % Tier 1 Capital (to risk weighted assets) $ 84,115 11.76 % $ 42,921 6.00 % $ 57,228 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 84,115 11.76 % $ 32,191 4.50 % $ 46,498 6.50 % Tier 1 Capital (to average total assets) $ 84,115 8.73 % $ 38,561 4.00 % $ 48,201 5.00 % December 31, 2020 Total Capital (to risk weighted assets) $ 84,176 13.10 % $ 51,409 8.00 % $ 64,261 10.00 % Tier 1 Capital (to risk weighted assets) $ 79,240 12.33 % $ 38,557 6.00 % $ 51,409 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 79,240 12.33 % $ 28,918 4.50 % $ 41,770 6.50 % Tier 1 Capital (to average total assets) $ 79,240 9.50 % $ 33,354 4.00 % $ 41,692 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 was available for banks to use in their September 30, 2021, not may

Note 14 - Subsequent Events

Note 14 - Subsequent Events	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	Note 14. 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

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2021
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, Business Combinations 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 (“GAAP”) 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 amortized cost. 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 mortgage-backed, U.S. government agencies, corporate, and state and municipal 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. The amortization of premiums and accretion of discounts are recognized in interest income using the effective interest method over the period to maturity for discounts and the earlier of call date or maturity for premiums. 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
Operating, Accounting and Reporting Considerations Related to COVID-19 [Policy Text Block]	Operating, Accounting and Reporting Considerations related to COVID- 19 The COVID- 19 March 27, 2020. $2.2 19 not Accounting for Loan Modifications 4013 may 1 2 4 Paycheck Protection Program 7 December 27, 2020 2021 first second May 31, 2021. 3 Also, in response to the COVID- 19 March 22, 2020; April 7, 2020). not Accounting for Loan Modifications not may not 19 not 4 Past Due Reporting not not 19 not Nonaccrual Status and Charge-offs 19 not The Company began offering short-term loan modifications to assist borrowers during the COVID- 19 six 4013 not 19 19. 4013 six 12 August 3, 2020, 19. 4013 4013. 1 19 2 not 30 December 31, 2019; 3 March 1, 2020, 60 December 31, 2020. December 31, 2020 January 1, 2022 4013 not
SBA CARES Act Paycheck Protection Program, Policy [Policy Text Block]	Small Business Administration Paycheck Protection Program The SBA-PPP is one March 27, 2020 19 February 15, 2020, August 8, 2020. eight 24 As a qualified SBA lender, we were automatically authorized to originate SBA-PPP loans and began taking applications on April 3, 2020. 1 2.5 2 $10.0 1.0%, two five six 100% Due to the unique nature of these provisions, SBA-PPP loans have been disclosed as a separate loan class. Origination fees received by the SBA are capitalized into the carrying amount of the loans. The deferred fee income, net of origination costs, is recognized over the life of the loan as an adjustment to yield using the straight-line method. The allowance for loan losses for SBA-PPP loans originated through September 30, 2021 zero
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
Share-based Payment Arrangement [Policy Text Block]	Share-Based Compensation The Parkway Acquisition Corp. 2020 March 17, 2020 August 18, 2020. As of September 30, 2021, 8
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 the Bank 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 the Bank’s and Floyd’s plans were amended to freeze benefit accruals for all eligible employees prior to the effective date of the Cardinal merger. The Bank’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 Assets 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 net 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 November 1 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
Cash Value of Life Insurance [Policy Text Block]	Cash Value of Life Insurance The Bank is owner and beneficiary of life insurance policies on certain current and former employees and directors. The Company records these policies in the consolidated balance sheets at cash surrender value, with changes recorded in noninterest income in the consolidated statements of income.
Revenue [Policy Text Block]	Revenue Recognition Service Charges on Deposit Accounts - Other Service Charges and Fees - ● Credit and Debit Card Fees - nine September 30, 2021 2020 three September 30, 2021 2020 ● Insurance and Investment - nine September 30, 2021 2020 three September 30, 2021 2020 ● Mortgage Origination Fees nine September 30, 2021 2020 three September 30, 2021 2020
Lessee, Leases [Policy Text Block]	Leases We have performed an evaluation of our leasing contracts and activities. We have developed our methodology to estimate the right-of use assets and lease liabilities, which is based on the present value of lease payments. There was not 7
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
Advertising Cost [Policy Text Block]	Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the years presented is not
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.
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 10.
Reclassification, Comparability Adjustment [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
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income 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: Unrealized Gains And (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2019 $ 51 $ (975 ) $ (924 ) Other comprehensive income before reclassifications 757 - 757 Amounts reclassified from accumulated other comprehensive income, net of tax (249 ) - (249 ) Balance September 30, 2020 $ 559 $ (975 ) $ (416 ) Balance, December 31, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive income before reclassifications (814 ) - (814 ) Amounts reclassified from accumulated other comprehensive income, net of tax (209 ) - (209 ) Balance September 30, 2021 $ (441 ) $ (1,103 ) $ (1,544 )
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.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements The following accounting standards may In June 2016, No. 2016 13, Financial Instruments Credit Losses (Topic 326 July 2019, December 31, 2022, October 16, 2019 In January 2017, not 2 not December 15, 2022. January 1, 2017. In May 2019, 2016 13, December 15, 2022. not In November 2019, 2016 13. not 2016 13, December 15, 2022, 2016 13. not In November 2019, not December 15, 2022, In March 2020, March 12, 2020 December 31, 2022. not In August 2021, No. 33 10786, No. 33 10835, 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)	9 Months Ended
	Sep. 30, 2021
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]	Unrealized Gains And (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2019 $ 51 $ (975 ) $ (924 ) Other comprehensive income before reclassifications 757 - 757 Amounts reclassified from accumulated other comprehensive income, net of tax (249 ) - (249 ) Balance September 30, 2020 $ 559 $ (975 ) $ (416 ) Balance, December 31, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive income before reclassifications (814 ) - (814 ) Amounts reclassified from accumulated other comprehensive income, net of tax (209 ) - (209 ) Balance September 30, 2021 $ (441 ) $ (1,103 ) $ (1,544 )

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	(dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value September 30, 2021 Available for sale: U.S. Government agencies $ 15,295 $ 28 $ (84 ) $ 15,239 Mortgage-backed securities 56,124 377 (795 ) 55,706 Corporate securities 1,500 - - 1,500 State and municipal securities 35,062 297 (382 ) 34,977 $ 107,981 $ 702 $ (1,261 ) $ 107,422 December 31, 2020 Available for sale: Mortgage-backed securities $ 15,212 $ 472 $ - $ 15,684 Corporate securities 1,500 - - 1,500 State and municipal securities 16,059 295 (31 ) 16,323 $ 32,771 $ 767 $ (31 ) $ 33,507
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 September 30, 2021 Available for sale: U.S. Government agencies $ 10,927 $ (84 ) $ - $ - $ 10,927 $ (84 ) Mortgage-backed securities 40,501 (795 ) - - 40,501 (795 ) Corporate securities - - - - - - State and municipal securities 15,762 (356 ) 1,509 (26 ) 17,271 (382 ) Total securities available for sale $ 67,190 $ (1,235 ) $ 1,509 $ (26 ) $ 68,699 $ (1,261 ) December 31, 2020 Available for sale: U.S. Government agencies $ - $ - $ - $ - $ - $ - Mortgage-backed securities - - - - - - Corporate securities - - - - - - State and municipal securities 3,694 (31 ) - - 3,694 (31 ) Total securities available for sale $ 3,694 $ (31 ) $ - $ - $ 3,694 $ (31 )
Schedule of Realized Gain (Loss) [Table Text Block]	Nine Months Ended September 30 Three Months Ended September 30 (dollars in thousands) 2021 2020 2021 2020 Realized gains $ 265 $ 315 $ 265 $ 103 Realized losses - - - - $ 265 $ 315 $ 265 $ 103
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 2,810 $ 2,847 Due after one year through five years 4,777 4,835 Due after five years through ten years 26,891 26,743 Due after ten years 73,503 72,997 $ 107,981 $ 107,422

Note 3 - Loans Receivable (Tabl

Note 3 - Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) 2021 2020 Construction & development $ 44,435 $ 46,053 Farmland 28,082 32,449 Residential 292,670 279,893 Commercial mortgage 229,118 203,886 Commercial & agricultural 32,726 33,663 SBA-PPP 37,762 51,118 Consumer & other 21,324 17,033 Total loans 686,117 664,095 Allowance for loan losses (5,550 ) (4,900 ) Loans, net of allowance for loan losses $ 680,567 $ 659,195 (dollars in thousands) September 30, 2021 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 1 0.07 % $ 1,947 5.16 % Over $350,000 to less than $2 million 18 1.26 % 8,062 21.35 % Up to $350,000 1,415 98.67 % 27,753 73.49 % Total 1,434 100.00 % $ 37,762 100.00 % (dollars in thousands) December 31, 2020 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 2 0.20 % $ 7,267 14.22 % Over $350,000 to less than $2 million 18 1.78 % 11,693 22.87 % Up to $350,000 988 98.02 % 32,158 62.91 % Total 1,008 100.00 % $ 51,118 100.00 % (dollars in thousands) September 30, 2021 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 46 3.21 % $ 3,929 10.41 % Retail Trade 102 7.11 % 1,848 4.89 % Construction 190 13.25 % 3,980 10.54 % Health Care & Social Assistance 40 2.79 % 2,543 6.73 % Accommodation & Retail Services 90 6.27 % 6,021 15.95 % Educational Services 9 0.63 % 2,432 6.44 % General & Other 957 66.74 % 17,009 45.04 % Total 1,434 100.00 % $ 37,762 100.00 % (dollars in thousands) December 31, 2020 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 74 7.34 % $ 14,327 28.03 % Retail Trade 134 13.29 % 5,247 10.26 % Construction 127 12.60 % 3,577 7.00 % Health Care & Social Assistance 73 7.24 % 3,550 6.94 % Accommodation & Retail Services 91 9.03 % 3,705 7.25 % Educational Services 7 0.70 % 4,825 9.44 % General & Other 502 49.80 % 15,887 31.08 % Total 1,008 100.00 % $ 51,118 100.00 %

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses and Impaired Loans (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Allowance for Loan Losses and Recorded Investment in Loans (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended September 30, 2021 Allowance for loan losses: Balance, June 30, 2021 $ 428 $ 344 $ 2,320 $ 1,843 $ 273 $ 134 $ 5,342 Charge-offs - - - - (8 ) (22 ) (30 ) Recoveries 1 - - - 8 10 19 Provision 59 (32 ) 117 86 (3 ) (8 ) 219 Balance, September 30, 2021 $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 For the Three Months Ended September 30, 2020 Allowance for loan losses: Balance, June 30, 2020 $ 415 $ 472 $ 2,126 $ 1,051 $ 450 $ 140 $ 4,654 Charge-offs (8 ) - (48 ) (61 ) (14 ) (28 ) (159 ) Recoveries - - - - - 8 8 Provision - (8 ) 89 246 (38 ) 2 291 Balance, September 30, 2020 $ 407 $ 464 $ 2,167 $ 1,236 $ 398 $ 122 $ 4,794 For the Nine Months Ended September 30, 2021 Allowance for loan losses: Balance, December 31, 2020 $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Charge-offs - - - - (8 ) (73 ) (81 ) Recoveries 3 - 2 61 53 36 155 Provision (14 ) (94 ) 268 447 (68 ) 37 576 Balance, September 30, 2021 $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 For the Nine Months Ended September 30, 2020 Allowance for loan losses: Balance, December 31, 2019 $ 305 $ 487 $ 1,822 $ 924 $ 211 $ 144 $ 3,893 Charge-offs (8 ) - (48 ) (61 ) (14 ) (106 ) (237 ) Recoveries 4 - 11 65 2 29 111 Provision 106 (23 ) 382 308 199 55 1,027 Balance, September 30, 2020 $ 407 $ 464 $ 2,167 $ 1,236 $ 398 $ 122 $ 4,794 September 30, 2021 Allowance for loan losses: Ending Balance $ 488 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,550 Ending balance: individually evaluated for impairment $ 5 $ - $ - $ - $ - $ - $ 5 Ending balance: collectively evaluated for impairment $ 483 $ 312 $ 2,437 $ 1,929 $ 270 $ 114 $ 5,545 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 44,435 $ 28,082 $ 292,670 $ 229,118 $ 32,726 $ 21,324 $ 648,355 Ending balance: individually evaluated for impairment $ 732 $ 2,349 $ - $ - $ - $ - $ 3,081 Ending balance: collectively evaluated for impairment $ 43,703 $ 25,733 $ 292,533 $ 229,014 $ 32,630 $ 21,324 $ 644,937 Ending balance: purchased credit impaired loans $ - $ - $ 137 $ 104 $ 96 $ - $ 337 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, 2020 Allowance for loan losses: Ending Balance $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Ending balance: individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - Ending balance: collectively evaluated for impairment $ 499 $ 406 $ 2,167 $ 1,421 $ 293 $ 114 $ 4,900 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 46,053 $ 32,449 $ 279,893 $ 203,886 $ 33,663 $ 17,033 $ 612,977 Ending balance: individually evaluated for impairment $ - $ 2,580 $ - $ - $ - $ - $ 2,580 Ending balance: collectively evaluated for impairment $ 46,053 $ 29,869 $ 279,751 $ 203,773 $ 33,567 $ 17,033 $ 610,046 Ending balance: purchased credit impaired loans $ - $ - $ 142 $ 113 $ 96 $ - $ 351
Financing Receivable Credit Quality Indicators [Table Text Block]	Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total September 30, 2021 Real Estate Secured: Construction & development $ 43,583 $ - $ - $ 852 $ 44,435 Farmland 22,275 840 484 4,483 28,082 Residential 290,317 358 604 1,391 292,670 Commercial mortgage 215,413 5,067 5,474 3,164 229,118 Non-Real Estate Secured: Commercial & agricultural 32,341 - 45 340 32,726 SBA-PPP 37,762 - - - 37,762 Consumer & other 21,324 - - - 21,324 Total $ 663,015 $ 6,265 $ 6,607 $ 10,230 $ 686,117 December 31, 2020 Real Estate Secured: Construction & development $ 44,909 $ 427 $ 122 $ 595 $ 46,053 Farmland 25,607 419 496 5,927 32,449 Residential 277,811 659 - 1,423 279,893 Commercial mortgage 188,156 8,692 3,647 3,391 203,886 Non-Real Estate Secured: Commercial & agricultural 32,467 468 161 567 33,663 SBA-PPP 51,118 - - - 51,118 Consumer & other 17,028 - - 5 17,033 Total $ 637,096 $ 10,665 $ 4,426 $ 11,908 $ 664,095
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 September 30, 2021 Real Estate Secured: Construction & development $ - $ - $ 426 $ 426 $ 44,009 $ 44,435 $ - $ 426 Farmland - - 127 127 27,955 28,082 - 736 Residential 495 40 279 814 291,856 292,670 - 663 Commercial mortgage 10 - 46 56 229,062 229,118 - 124 Non-Real Estate Secured: Commercial & agricultural - 1 96 97 32,629 32,726 - 110 SBA-PPP - - - - 37,762 37,762 - - Consumer & other 1 9 - 10 21,314 21,324 - - Total $ 506 $ 50 $ 974 $ 1,530 $ 684,587 $ 686,117 $ - $ 2,059 December 31, 2020 Real Estate Secured: Construction & development $ 71 $ - $ - $ 71 $ 45,982 $ 46,053 $ - $ 11 Farmland 100 - 914 1,014 31,435 32,449 - 3,937 Residential 386 29 240 655 279,238 279,893 - 557 Commercial mortgage - - 24 24 203,862 203,886 - 109 Non-Real Estate Secured: Commercial & agricultural 14 15 155 184 33,479 33,663 - 189 SBA-PPP - - - - 51,118 51,118 - - Consumer & other 7 - - 7 17,026 17,033 - - Total $ 578 $ 44 $ 1,333 $ 1,955 $ 662,140 $ 664,095 $ - $ 4,803
Impaired Financing Receivables [Table Text Block]	Nine months ended Three months ended Unpaid Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income (dollars in thousands) Investment 1 Balance Allowance Investment Recognized Investment Recognized September 30, 2021 With no related allowance recorded: Construction & development $ 426 $ 425 $ - $ 218 $ (5 ) $ 426 $ - Farmland 2,349 3,008 - 2,464 191 2,384 129 Residential - - - 198 25 - - Commercial mortgage - - - - - - - Commercial & agricultural - - - - - - - Consumer & other - - - 1 - - - Subtotal 2,775 3,433 - 2,881 211 2,810 129 With an allowance recorded: Construction & development 449 449 13 469 20 456 7 Farmland 126 142 2 126 6 126 2 Residential 2,425 2,602 136 2,469 108 2,448 39 Commercial mortgage 71 71 4 40 4 71 1 Commercial & agricultural 37 37 2 41 2 39 1 Consumer & other - - - - - - - Subtotal 3,108 3,301 157 3,145 140 3,140 50 Totals: Construction & development 875 874 13 687 15 882 7 Farmland 2,475 3,150 2 2,590 197 2,510 131 Residential 2,425 2,602 136 2,667 133 2,448 39 Commercial mortgage 71 71 4 40 4 71 1 Commercial & agricultural 37 37 2 41 2 39 1 Consumer & other - - - 1 - - - Total $ 5,883 $ 6,734 $ 157 $ 6,026 $ 351 $ 5,950 $ 179 (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized December 31, 2020 With no related allowance recorded: Construction & development $ - $ - $ - $ - $ - Farmland 2,580 3,151 - 2,731 18 Residential - - - - - Commercial mortgage - - - - - Commercial & agricultural - - - - - Consumer & other - - - - - Subtotal 2,580 3,151 - 2,731 18 With an allowance recorded: Construction & development 501 501 27 522 31 Farmland 127 144 2 375 11 Residential 2,906 3,082 159 4,057 222 Commercial mortgage 8 53 1 10 3 Commercial & agricultural 46 46 3 49 3 Consumer & other 1 1 - 2 - Subtotal 3,589 3,827 192 5,015 270 Totals: Construction & development 501 501 27 522 31 Farmland 2,707 3,295 2 3,106 29 Residential 2,906 3,082 159 4,057 222 Commercial mortgage 8 53 1 10 3 Commercial & agricultural 46 46 3 49 3 Consumer & other 1 1 - 2 - Total $ 6,169 $ 6,978 $ 192 $ 7,746 $ 288
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	(dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage 1 73 71 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 73 $ 71 - $ - $ - (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development - $ - $ - - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total - $ - $ - - $ - $ - (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development 3 $ 471 $ 470 - $ - $ - Farmland - - - - - - Residential 1 46 50 - - - Commercial mortgage - - - - - - Commercial & agricultural 1 20 20 - - - Consumer & other - - - - - - Total 5 $ 537 $ 540 - $ - $ - (dollars in thousands) TDRs identified during the period TDRs identified in the last twelve months that subsequently defaulted (1) 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 Construction & development 1 $ 12 $ 12 - $ - $ - Farmland - - - - - - Residential - - - - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 12 $ 12 - $ - $ -
Financing Receivable, Deferred Payments, Classification [Table Text Block]	(dollars in thousands) 2021 2020 Classification # of Loans Balance # of Loans Balance Commercial Loans w/ First Deferment Accommodation & Retail Services - $ - - $ - Construction - - 1 47 General & Other - - - - Commercial Loans w/ Second Deferment Accommodation & Retail Services - - 1 752 Construction - - 1 36 Agriculture - - 2 603 Real Estate Rental - - 2 2,146 General & Other 1 404 - - Commercial Loans w/ Third Deferment Accommodation & Retail Services - - 2 4,438 Construction - - - - Manufacturing - - 1 153 Consumer Loans w/ First Deferment - - 7 782 Consumer Loans w/ Second Deferment - - 1 52 Total 1 $ 404 18 $ 9,009
Schedule of Business Acquisition, Carrying Amount of Acquired Loans [Table Text Block]	(dollars in thousands) 2021 2020 Residential $ 137 $ 142 Commercial mortgage 104 113 Commercial & agricultural 96 96 Outstanding balance $ 337 $ 351 Carrying amount $ 337 $ 351

Note 5 - Employee Benefit Plan

Note 5 - Employee Benefit Plan (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, (dollars in thousands) 2021 2020 2021 2020 Interest cost $ 108 $ 123 $ 36 $ 41 Expected return on plan assets (522 ) (471 ) (174 ) (157 ) Recognized net actuarial (gain)/loss 27 21 9 7 Net periodic benefit cost $ (387 ) $ (327 ) $ (129 ) $ (109 )

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Goodwill [Table Text Block]	September 30, December 31, (dollars in thousands) 2021 2020 Beginning of year $ 3,257 $ 3,257 Impairment - - End of the period $ 3,257 $ 3,257
Schedule of Finite-Lived Intangible Assets [Table Text Block]	September 30, December 31, (dollars in thousands) 2021 2020 Balance at beginning of year, net $ 2,359 $ 3,070 Amortization expense (461 ) (711 ) Net book value $ 1,898 $ 2,359

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Lease, Cost [Table Text Block]	September 30, December 31, (dollars in thousands) 2021 2020 Lease liabilities $ 588 $ 680 Right-of-use assets $ 588 $ 680 Weighted average remaining lease term (years) 6.76 7.10 Weighted average discount rate 2.44 % 2.45 % Nine Months Ended September 30, (dollars in thousands) 2021 2020 Lease Expense Operating lease expense $ 115 $ 108 Short-term lease expense 22 25 Total lease expense $ 137 $ 133 Cash paid for amounts included in lease liabilities $ 115 $ 108
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(dollars in thousands) Three months ending December 31, 2021 $ 38 Twelve months ending December 31, 2022 123 Twelve months ending December 31, 2023 83 Twelve months ending December 31, 2024 69 Twelve months ending December 31, 2025 72 Thereafter 258 Total undiscounted cash flows $ 643 Less discount (55 ) Lease liabilities $ 588

Note 8 - Share-based Compensa_2

Note 8 - Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Nonvested Restricted Stock Shares Activity [Table Text Block]	Grant Date Fair Value of Restricted Stock that Weighted Vested During Number of Average Grant The Year Shares Date Fair Value (in thousands) Unvested as of December 31, 2020 - $ - Granted 14,500 11.30 Vested - - $ - Forfeited - - Unvested as of September 30, 2021 14,500 $ 11.30

Note 9 - Commitments and Cont_2

Note 9 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	September 30, December 31, (dollars in thousands) 2021 2020 Commitments to extend credit $ 127,843 $ 111,778 Standby letters of credit 382 1,260 $ 128,225 $ 113,038

Note 10 - Financial Instrumen_2

Note 10 - Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
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) September 30, 2021 Financial Instruments – Assets Net Loans $ 680,567 $ 676,591 $ - $ 676,402 $ 189 Financial Instruments – Liabilities Time Deposits 197,712 197,276 - 197,276 - FHLB Advances 10,000 9,863 9,863 - - December 31, 2020 Financial Instruments – Assets Net Loans $ 659,195 $ 653,454 $ - $ 653,255 $ 199 Financial Instruments – Liabilities Time Deposits 194,419 196,522 - 196,522 - FHLB Advances 10,000 9,765 9,765 - -
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2021 Investment securities available for sale U.S. Government agencies $ 15,239 $ - $ 15,239 $ - Mortgage-backed securities 55,706 - 55,706 - Corporate securities 1,500 - 1,500 - State and municipal securities 34,977 - 34,977 - Total assets at fair value $ 107,422 $ - $ 107,422 $ - December 31, 2020 Investment securities available for sale Mortgage-backed securities $ 15,684 $ - $ 15,684 $ - Corporate securities 1,500 - 1,500 - State and municipal securities 16,323 - 16,323 - Total assets at fair value $ 33,507 $ - $ 33,507 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2021 Impaired loans $ 189 $ - $ - $ 189 Total assets at fair value $ 189 $ - $ - $ 189 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2020 Impaired loans $ 199 $ - $ - $ 199 Total assets at fair value $ 199 $ - $ - $ 199
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at September 30, 2021 Fair Value at December 31, 2020 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 189 $ 199 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10%

Note 13 - Capital Requirements

Note 13 - Capital Requirements (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 Total Capital (to risk weighted assets) $ 89,701 12.54 % $ 57,228 8.00 % $ 71,535 10.00 % Tier 1 Capital (to risk weighted assets) $ 84,115 11.76 % $ 42,921 6.00 % $ 57,228 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 84,115 11.76 % $ 32,191 4.50 % $ 46,498 6.50 % Tier 1 Capital (to average total assets) $ 84,115 8.73 % $ 38,561 4.00 % $ 48,201 5.00 % December 31, 2020 Total Capital (to risk weighted assets) $ 84,176 13.10 % $ 51,409 8.00 % $ 64,261 10.00 % Tier 1 Capital (to risk weighted assets) $ 79,240 12.33 % $ 38,557 6.00 % $ 51,409 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 79,240 12.33 % $ 28,918 4.50 % $ 41,770 6.50 % Tier 1 Capital (to average total assets) $ 79,240 9.50 % $ 33,354 4.00 % $ 41,692 5.00 %

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) $ in Thousands	Jul. 01, 2018USD ($)shares	Jul. 01, 2016	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Fees, Credit and Debit Cards			$ 106	$ 105	$ 295	$ 293
Insurance Services Revenue, Total			14	9	45	26
Mortgage Banking [Member]
Revenue from Contract with Customer, Including Assessed Tax			$ 275	$ 185	$ 861	$ 566
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		1.30
Cardinal Bankshares Corporation [Member] | Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					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 (in shares) | shares	1,191,899
Stock Issued During Period, Value, Acquisitions	$ 15,500
Great State Bank [Member] | Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					7 years

Note 1 - Organization and Sum_4

Note 1 - Organization and Summary of Significant Accounting Policies - Property and Equipment Useful Lives (Details)	9 Months Ended
	Sep. 30, 2021
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	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Balance	$ 85,106	$ 81,428
Balance	88,380	83,675
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	582	51
Other comprehensive income before reclassifications	(814)	757
Amounts reclassified from accumulated other comprehensive income, net of tax	(209)	(249)
Balance	(441)	559
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(1,103)	(975)
Other comprehensive income before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income, net of tax	0	0
Balance	(1,103)	(975)
AOCI Attributable to Parent [Member]
Balance	(521)	(924)
Other comprehensive income before reclassifications	(814)	757
Amounts reclassified from accumulated other comprehensive income, net of tax	(209)	(249)
Balance	$ (1,544)	$ (416)

Note 2 - Investment Securitie_2

Note 2 - Investment Securities (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Restricted Investments	$ 2,209		$ 2,209		$ 2,416
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	32		32
Percentage of Debt Securities with Unrealized Losses Depreciated	1.80%		1.80%
Proceeds from Sale of Debt Securities, Available-for-sale	$ 8,620	$ 2,940	$ 8,619	$ 10,739
Proceeds from Calls of Debt Securities, Available-for-sale			500	$ 1,290
Deposit Liabilities, Collateral Issued, Financial Instruments	$ 23,200		$ 23,200		$ 14,100

Note 2 - Investment Securitie_3

Note 2 - Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Amortized cost	$ 107,981	$ 32,771
Unrealized gains	702	767
Unrealized losses	(1,261)	(31)
Investment securities available for sale	107,422	33,507
US Government Agencies Debt Securities [Member]
Amortized cost	15,295
Unrealized gains	28
Unrealized losses	(84)
Investment securities available for sale	15,239
Collateralized Mortgage Backed Securities [Member]
Amortized cost	56,124	15,212
Unrealized gains	377	472
Unrealized losses	(795)	0
Investment securities available for sale	55,706	15,684
Corporate Debt Securities [Member]
Amortized cost	1,500	1,500
Unrealized gains	0	0
Unrealized losses	0	0
Investment securities available for sale	1,500	1,500
US States and Political Subdivisions Debt Securities [Member]
Amortized cost	35,062	16,059
Unrealized gains	297	295
Unrealized losses	(382)	(31)
Investment securities available for sale	$ 34,977	$ 16,323

Note 2 - Investment Securitie_4

Note 2 - Investment Securities - Continuous Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Less than 12 months, fair value	$ 67,190	$ 3,694
Less than 12 months, unrealized losses	(1,235)	(31)
12 months or more, fair value	1,509	0
12 months or more, unrealized losses	(26)	0
Fair value	68,699	3,694
Unrealized losses	(1,261)	(31)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	10,927	0
Less than 12 months, unrealized losses	(84)	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Fair value	10,927	0
Unrealized losses	(84)	0
Collateralized Mortgage Backed Securities [Member]
Less than 12 months, fair value	40,501	0
Less than 12 months, unrealized losses	(795)	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Fair value	40,501	0
Unrealized losses	(795)	0
Corporate Debt Securities [Member]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Fair value	0	0
Unrealized losses	0	0
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	15,762	3,694
Less than 12 months, unrealized losses	(356)	(31)
12 months or more, fair value	1,509	0
12 months or more, unrealized losses	(26)	0
Fair value	17,271	3,694
Unrealized losses	$ (382)	$ (31)

Note 2 - Investment Securitie_5

Note 2 - Investment Securities - Realized Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Realized gains	$ 265	$ 103	$ 265	$ 315
Realized losses	0	0	0	0
Debt Securities, Available-for-sale, Realized Gain (Loss), Total	$ 265	$ 103	$ 265	$ 315

Note 2 - Investment Securitie_6

Note 2 - Investment Securities - Maturities of Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Due in one year or less, amortized cost	$ 2,810
Due in one year or less, fair value	2,847
Due after one year through five years, amortized cost	4,777
Due after one year through five years, fair value	4,835
Due after five years through ten years, amortized cost	26,891
Due after five years through ten years, fair value	26,743
Due after ten years, amortized cost	73,503
Due after ten years, fair value	72,997
Amortized cost	107,981	$ 32,771
Fair value	$ 107,422	$ 33,507

Note 3 - Loans Receivable (Deta

Note 3 - Loans Receivable (Details Textual) - SBA PPP Loans [Member] - SBA CARES Act Paycheck Protection Program [Member] - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, before Allowance for Credit Loss, Total	$ 40.8	$ 52.5
Loans and Leases Receivable, Deferred Income, Total	$ 3	$ 1.4

Note 3 - Loans Receivable - Com

Note 3 - Loans Receivable - Components of Loans (Details) $ in Thousands	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Loans receivable	$ 686,117		$ 664,095
Allowance for loan losses	(5,550)	$ (5,342)	(4,900)	$ (4,794)	$ (4,654)	$ (3,893)
Loans, net of allowance for loan losses	680,567		659,195
Loans and Leases Receivable, Gross, Total	686,117		664,095
Loans receivable, gross	686,117		664,095
Construction and Development Loan [Member]
Loans receivable	44,435		46,053
Allowance for loan losses	(488)	(428)	(499)	(407)	(415)	(305)
Loans and Leases Receivable, Gross, Total	44,435		46,053
Loans receivable, gross	44,435		46,053
SBA PPP Loans [Member]
Loans receivable	$ 37,762		$ 51,118
Number of SBA Loans	1,434		1,008
Financing receivables, percent mix one	100.00%		100.00%
Loans and Leases Receivable, Gross, Total	$ 37,762		$ 51,118
Financing receivables, percent mix two	100.00%		100.00%
Number of industry SBA loans	1,434		1,008
Industry percentage mix one of SBA loans	100.00%		100.00%
Loans receivable, gross	$ 37,762		$ 51,118
Industry percentage mix two of SBA loans	100.00%		100.00%
SBA PPP Loans [Member] | Manufacturing [Member]
Loans receivable	$ 3,929		$ 14,327
Number of SBA Loans	46		74
Financing receivables, percent mix one	3.21%		7.34%
Loans and Leases Receivable, Gross, Total	$ 3,929		$ 14,327
Financing receivables, percent mix two	10.41%		28.03%
Number of industry SBA loans	46		74
Industry percentage mix one of SBA loans	3.21%		7.34%
Loans receivable, gross	$ 3,929		$ 14,327
Industry percentage mix two of SBA loans	10.41%		28.03%
SBA PPP Loans [Member] | Retail Trade [Member]
Loans receivable	$ 1,848		$ 5,247
Number of SBA Loans	102		134
Financing receivables, percent mix one	7.11%		13.29%
Loans and Leases Receivable, Gross, Total	$ 1,848		$ 5,247
Financing receivables, percent mix two	4.89%		10.26%
Number of industry SBA loans	102		134
Industry percentage mix one of SBA loans	7.11%		13.29%
Loans receivable, gross	$ 1,848		$ 5,247
Industry percentage mix two of SBA loans	4.89%		10.26%
SBA PPP Loans [Member] | Construction Industry [Member]
Loans receivable	$ 3,980		$ 3,577
Number of SBA Loans	190		127
Financing receivables, percent mix one	13.25%		12.60%
Loans and Leases Receivable, Gross, Total	$ 3,980		$ 3,577
Financing receivables, percent mix two	10.54%		7.00%
Number of industry SBA loans	190		127
Industry percentage mix one of SBA loans	13.25%		12.60%
Loans receivable, gross	$ 3,980		$ 3,577
Industry percentage mix two of SBA loans	10.54%		7.00%
SBA PPP Loans [Member] | Healthcare Sector [Member]
Loans receivable	$ 2,543		$ 3,550
Number of SBA Loans	40		73
Financing receivables, percent mix one	2.79%		7.24%
Loans and Leases Receivable, Gross, Total	$ 2,543		$ 3,550
Financing receivables, percent mix two	6.73%		6.94%
Number of industry SBA loans	40		73
Industry percentage mix one of SBA loans	2.79%		7.24%
Loans receivable, gross	$ 2,543		$ 3,550
Industry percentage mix two of SBA loans	6.73%		6.94%
SBA PPP Loans [Member] | Accommodation and Retail Services [Member]
Loans receivable	$ 6,021		$ 3,705
Number of SBA Loans	90		91
Financing receivables, percent mix one	6.27%		9.03%
Loans and Leases Receivable, Gross, Total	$ 6,021		$ 3,705
Financing receivables, percent mix two	15.95%		7.25%
Number of industry SBA loans	90		91
Industry percentage mix one of SBA loans	6.27%		9.03%
Loans receivable, gross	$ 6,021		$ 3,705
Industry percentage mix two of SBA loans	15.95%		7.25%
SBA PPP Loans [Member] | Education Services [Member]
Loans receivable	$ 2,432		$ 4,825
Number of SBA Loans	9		7
Financing receivables, percent mix one	0.63%		0.70%
Loans and Leases Receivable, Gross, Total	$ 2,432		$ 4,825
Financing receivables, percent mix two	6.44%		9.44%
Number of industry SBA loans	9		7
Industry percentage mix one of SBA loans	0.63%		0.70%
Loans receivable, gross	$ 2,432		$ 4,825
Industry percentage mix two of SBA loans	6.44%		9.44%
SBA PPP Loans [Member] | General and Other [Member]
Loans receivable	$ 17,009		$ 15,887
Number of SBA Loans	957		502
Financing receivables, percent mix one	66.74%		49.80%
Loans and Leases Receivable, Gross, Total	$ 17,009		$ 15,887
Financing receivables, percent mix two	45.04%		31.08%
Number of industry SBA loans	957		502
Industry percentage mix one of SBA loans	66.74%		49.80%
Loans receivable, gross	$ 17,009		$ 15,887
Industry percentage mix two of SBA loans	45.04%		31.08%
SBA PPP Loans [Member] | SBA Tier 1 [Member]
Loans receivable	$ 1,947		$ 7,267
Number of SBA Loans	1		2
Financing receivables, percent mix one	0.07%		0.20%
Loans and Leases Receivable, Gross, Total	$ 1,947		$ 7,267
Financing receivables, percent mix two	5.16%		14.22%
Number of industry SBA loans	1		2
Industry percentage mix one of SBA loans	0.07%		0.20%
Loans receivable, gross	$ 1,947		$ 7,267
Industry percentage mix two of SBA loans	5.16%		14.22%
SBA PPP Loans [Member] | SBA Tier 2 [Member]
Loans receivable	$ 8,062		$ 11,693
Number of SBA Loans	18		18
Financing receivables, percent mix one	1.26%		1.78%
Loans and Leases Receivable, Gross, Total	$ 8,062		$ 11,693
Financing receivables, percent mix two	21.35%		22.87%
Number of industry SBA loans	18		18
Industry percentage mix one of SBA loans	1.26%		1.78%
Loans receivable, gross	$ 8,062		$ 11,693
Industry percentage mix two of SBA loans	21.35%		22.87%
SBA PPP Loans [Member] | SBA Tier 3 [Member]
Loans receivable	$ 27,753		$ 32,158
Number of SBA Loans	1,415		988
Financing receivables, percent mix one	98.67%		98.02%
Loans and Leases Receivable, Gross, Total	$ 27,753		$ 32,158
Financing receivables, percent mix two	73.49%		62.91%
Number of industry SBA loans	1,415		988
Industry percentage mix one of SBA loans	98.67%		98.02%
Loans receivable, gross	$ 27,753		$ 32,158
Industry percentage mix two of SBA loans	73.49%		62.91%
Farmland Loan [Member]
Loans receivable	$ 28,082		$ 32,449
Allowance for loan losses	(312)	(344)	(406)	(464)	(472)	(487)
Loans and Leases Receivable, Gross, Total	28,082		32,449
Loans receivable, gross	28,082		32,449
Residential Loan [Member]
Loans receivable	292,670		279,893
Allowance for loan losses	(2,437)	(2,320)	(2,167)	(2,167)	(2,126)	(1,822)
Loans and Leases Receivable, Gross, Total	292,670		279,893
Loans receivable, gross	292,670		279,893
Commercial Mortgage Loan [Member]
Loans receivable	229,118		203,886
Allowance for loan losses	(1,929)	(1,843)	(1,421)	(1,236)	(1,051)	(924)
Loans and Leases Receivable, Gross, Total	229,118		203,886
Loans receivable, gross	229,118		203,886
Commercial and Agricultural Loan [Member]
Loans receivable	32,726		33,663
Allowance for loan losses	(270)	(273)	(293)	(398)	(450)	(211)
Loans and Leases Receivable, Gross, Total	32,726		33,663
Loans receivable, gross	32,726		33,663
Consumer and Other Loan [Member]
Loans receivable	21,324		17,033
Allowance for loan losses	(114)	$ (134)	(114)	$ (122)	$ (140)	$ (144)
Loans and Leases Receivable, Gross, Total	21,324		17,033
Loans receivable, gross	$ 21,324		$ 17,033

Note 4 - Allowance for Loan L_3

Note 4 - Allowance for Loan Losses and Impaired Loans (Details Textual)		3 Months Ended		9 Months Ended		12 Months Ended
		Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Loans and Leases Receivable, Allowance, Ending Balance		$ 5,550,000	$ 4,794,000	$ 5,550,000	$ 4,794,000	$ 4,900,000	$ 5,342,000	$ 4,654,000	$ 3,893,000
Provision for Loan and Lease Losses, Total		219,000	$ 291,000	576,000	$ 1,027,000
Loans and Leases Receivable, Gross, Total		686,117,000		686,117,000		664,095,000
Impaired Financing Receivable, Recorded Investment, Total	[1]	5,883,000		5,883,000		6,169,000
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	2,775,000		2,775,000		2,580,000
Financing Receivable, Troubled Debt Restructuring		3,400,000		3,400,000		3,900,000
Financing Receivable, Troubled Debt Restructuring, Collectively Evaluated for impairment		2,800,000		2,800,000		3,600,000
Financing Receivable, Troubled Debt Restructuring, Related Allowance		$ 152,000		$ 152,000		192,000
Financing Receivable, Modifications, Number of Contracts		0	1	1	5
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts		0	0	0	0
Financing Receivable, Outstanding Loan Payments Approved for Deferment				$ 66,500,000
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Ending Balance		$ 0		0		0
Purchase Credit Impaired Loans				0		0
Maximum [Member]
Financing Receivable, Troubled Debt Restructuring							$ 250,000
Collateral Pledged [Member]
Impaired Financing Receivable, Recorded Investment, Total		3,100,000		3,100,000		3,200,000
Doubtful [Member]
Loans and Leases Receivable, Gross, Total		0		0
Unallocated Financing Receivables [Member]
Provision for Loan and Lease Losses, Total				0
SBA PPP Loans [Member]
Loans and Leases Receivable, Gross, Total		37,762,000		37,762,000		$ 51,118,000
SBA PPP Loans [Member] | SBA CARES Act Paycheck Protection Program [Member]
Loans and Leases Receivable, Allowance, Ending Balance		$ 0		$ 0
[1]	Recorded investment is the loan balance, net of any charge-offs

Note 4 - Allowance for Loan L_4

Note 4 - Allowance for Loan Losses and Impaired Loans - Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Balance	$ 5,342	$ 4,654	$ 4,900	$ 3,893
Charge-offs	(30)	(159)	(81)	(237)
Recoveries	19	8	155	111
Provision for Loan and Lease Losses, Total	219	291	576	1,027
Balance	5,550	4,794	5,550	4,794
Ending balance: individually evaluated for impairment	5		5		$ 0
Ending balance: collectively evaluated for impairment	5,545		5,545		4,900
Loans receivable, gross	686,117		686,117		664,095
Construction and Development Loan [Member]
Balance	428	415	499	305
Charge-offs	0	(8)	0	(8)
Recoveries	1	0	3	4
Provision for Loan and Lease Losses, Total	59	0	(14)	106
Balance	488	407	488	407
Ending balance: individually evaluated for impairment	5		5		0
Ending balance: collectively evaluated for impairment	483		483		499
Loans receivable, gross	44,435		44,435		46,053
Allowance for loan losses, ending balance: individually evaluated for impairment	732		732		0
Allowance for loan losses, ending balance: collectively evaluated for impairment	43,703		43,703		46,053
Construction and Development Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	0		0		0
Farmland Loan [Member]
Balance	344	472	406	487
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision for Loan and Lease Losses, Total	(32)	(8)	(94)	(23)
Balance	312	464	312	464
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	312		312		406
Loans receivable, gross	28,082		28,082		32,449
Allowance for loan losses, ending balance: individually evaluated for impairment	2,349		2,349		2,580
Allowance for loan losses, ending balance: collectively evaluated for impairment	25,733		25,733		29,869
Farmland Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	0		0		0
Residential Loan [Member]
Balance	2,320	2,126	2,167	1,822
Charge-offs	0	(48)	0	(48)
Recoveries	0	0	2	11
Provision for Loan and Lease Losses, Total	117	89	268	382
Balance	2,437	2,167	2,437	2,167
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	2,437		2,437		2,167
Loans receivable, gross	292,670		292,670		279,893
Allowance for loan losses, ending balance: individually evaluated for impairment	0		0		0
Allowance for loan losses, ending balance: collectively evaluated for impairment	292,533		292,533		279,751
Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	137		137		142
Commercial Mortgage Loan [Member]
Balance	1,843	1,051	1,421	924
Charge-offs	0	(61)	0	(61)
Recoveries	0	0	61	65
Provision for Loan and Lease Losses, Total	86	246	447	308
Balance	1,929	1,236	1,929	1,236
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	1,929		1,929		1,421
Loans receivable, gross	229,118		229,118		203,886
Allowance for loan losses, ending balance: individually evaluated for impairment	0		0		0
Allowance for loan losses, ending balance: collectively evaluated for impairment	229,014		229,014		203,773
Commercial Mortgage Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	104		104		113
Commercial and Agricultural Loan [Member]
Balance	273	450	293	211
Charge-offs	(8)	(14)	(8)	(14)
Recoveries	8	0	53	2
Provision for Loan and Lease Losses, Total	(3)	(38)	(68)	199
Balance	270	398	270	398
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	270		270		293
Loans receivable, gross	32,726		32,726		33,663
Allowance for loan losses, ending balance: individually evaluated for impairment	0		0		0
Allowance for loan losses, ending balance: collectively evaluated for impairment	32,630		32,630		33,567
Commercial and Agricultural Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	96		96		96
Consumer and Other Loan [Member]
Balance	134	140	114	144
Charge-offs	(22)	(28)	(73)	(106)
Recoveries	10	8	36	29
Provision for Loan and Lease Losses, Total	(8)	2	37	55
Balance	114	$ 122	114	$ 122
Ending balance: individually evaluated for impairment	0		0		0
Ending balance: collectively evaluated for impairment	114		114		114
Loans receivable, gross	21,324		21,324		17,033
Allowance for loan losses, ending balance: individually evaluated for impairment	0		0		0
Allowance for loan losses, ending balance: collectively evaluated for impairment	21,324		21,324		17,033
Consumer and Other Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	0		0		0
Loans Excluding SBA PPP Loans [Member]
Loans receivable, gross	648,355		648,355		612,977
Allowance for loan losses, ending balance: individually evaluated for impairment	3,081		3,081		2,580
Allowance for loan losses, ending balance: collectively evaluated for impairment	644,937		644,937		610,046
Loans Excluding SBA PPP Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance			0
Balance	0		0
Loans receivable, gross	$ 337		$ 337		$ 351

Note 4 - Allowance for Loan L_5

Note 4 - Allowance for Loan Losses and Impaired Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans receivable	$ 686,117	$ 664,095
Construction and Development Loan [Member]
Loans receivable	44,435	46,053
Farmland Loan [Member]
Loans receivable	28,082	32,449
Residential Loan [Member]
Loans receivable	292,670	279,893
Commercial Mortgage Loan [Member]
Loans receivable	229,118	203,886
Commercial and Agricultural Loan [Member]
Loans receivable	32,726	33,663
SBA PPP Loans [Member]
Loans receivable	37,762	51,118
Consumer and Other Loan [Member]
Loans receivable	21,324	17,033
Pass [Member]
Loans receivable	663,015	637,096
Pass [Member] | Construction and Development Loan [Member]
Loans receivable	43,583	44,909
Pass [Member] | Farmland Loan [Member]
Loans receivable	22,275	25,607
Pass [Member] | Residential Loan [Member]
Loans receivable	290,317	277,811
Pass [Member] | Commercial Mortgage Loan [Member]
Loans receivable	215,413	188,156
Pass [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	32,341	32,467
Pass [Member] | SBA PPP Loans [Member]
Loans receivable	37,762	51,118
Pass [Member] | Consumer and Other Loan [Member]
Loans receivable	21,324	17,028
Watch [Member]
Loans receivable	6,265	10,665
Watch [Member] | Construction and Development Loan [Member]
Loans receivable	0	427
Watch [Member] | Farmland Loan [Member]
Loans receivable	840	419
Watch [Member] | Residential Loan [Member]
Loans receivable	358	659
Watch [Member] | Commercial Mortgage Loan [Member]
Loans receivable	5,067	8,692
Watch [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0	468
Watch [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Watch [Member] | Consumer and Other Loan [Member]
Loans receivable	0	0
Special Mention [Member]
Loans receivable	6,607	4,426
Special Mention [Member] | Construction and Development Loan [Member]
Loans receivable	0	122
Special Mention [Member] | Farmland Loan [Member]
Loans receivable	484	496
Special Mention [Member] | Residential Loan [Member]
Loans receivable	604	0
Special Mention [Member] | Commercial Mortgage Loan [Member]
Loans receivable	5,474	3,647
Special Mention [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	45	161
Special Mention [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Special Mention [Member] | Consumer and Other Loan [Member]
Loans receivable	0	0
Substandard [Member]
Loans receivable	10,230	11,908
Substandard [Member] | Construction and Development Loan [Member]
Loans receivable	852	595
Substandard [Member] | Farmland Loan [Member]
Loans receivable	4,483	5,927
Substandard [Member] | Residential Loan [Member]
Loans receivable	1,391	1,423
Substandard [Member] | Commercial Mortgage Loan [Member]
Loans receivable	3,164	3,391
Substandard [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	340	567
Substandard [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Substandard [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 0	$ 5

Note 4 - Allowance for Loan L_6

Note 4 - Allowance for Loan Losses and Impaired Loans - Analysis of Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Loans receivable	$ 686,117		$ 664,095
Loans and Leases Receivable, Gross, Total	686,117		664,095
Past due and still accruing		$ 0	0
Nonaccrual loans		2,059	4,803
Construction and Development Loan [Member]
Loans receivable	44,435		46,053
Loans and Leases Receivable, Gross, Total	44,435		46,053
Past due and still accruing		0	0
Nonaccrual loans		426	11
Farmland Loan [Member]
Loans receivable	28,082		32,449
Loans and Leases Receivable, Gross, Total	28,082		32,449
Past due and still accruing		0	0
Nonaccrual loans		736	3,937
Residential Loan [Member]
Loans receivable	292,670		279,893
Loans and Leases Receivable, Gross, Total	292,670		279,893
Past due and still accruing		0	0
Nonaccrual loans		663	557
Commercial Mortgage Loan [Member]
Loans receivable	229,118		203,886
Loans and Leases Receivable, Gross, Total	229,118		203,886
Past due and still accruing		0	0
Nonaccrual loans		124	109
Commercial and Agricultural Loan [Member]
Loans receivable	32,726		33,663
Loans and Leases Receivable, Gross, Total	32,726		33,663
Past due and still accruing		0	0
Nonaccrual loans		110	189
SBA PPP Loans [Member]
Loans receivable	37,762		51,118
Loans and Leases Receivable, Gross, Total	37,762		51,118
Past due and still accruing		0	0
Nonaccrual loans		0	0
Consumer and Other Loan [Member]
Loans receivable	21,324		17,033
Loans and Leases Receivable, Gross, Total	21,324		17,033
Past due and still accruing		0	0
Nonaccrual loans		$ 0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	506		578
Loans and Leases Receivable, Gross, Total	506		578
Financial Asset, 30 to 59 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0		71
Loans and Leases Receivable, Gross, Total	0		71
Financial Asset, 30 to 59 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0		100
Loans and Leases Receivable, Gross, Total	0		100
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	495		386
Loans and Leases Receivable, Gross, Total	495		386
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	10		0
Loans and Leases Receivable, Gross, Total	10		0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0		14
Loans and Leases Receivable, Gross, Total	0		14
Financial Asset, 30 to 59 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	1		7
Loans and Leases Receivable, Gross, Total	1		7
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	50		44
Loans and Leases Receivable, Gross, Total	50		44
Financial Asset, 60 to 89 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, 60 to 89 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	40		29
Loans and Leases Receivable, Gross, Total	40		29
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	1		15
Loans and Leases Receivable, Gross, Total	1		15
Financial Asset, 60 to 89 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	9		0
Loans and Leases Receivable, Gross, Total	9		0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable	974		1,333
Loans and Leases Receivable, Gross, Total	974		1,333
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	426		0
Loans and Leases Receivable, Gross, Total	426		0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	127		914
Loans and Leases Receivable, Gross, Total	127		914
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	279		240
Loans and Leases Receivable, Gross, Total	279		240
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	46		24
Loans and Leases Receivable, Gross, Total	46		24
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	96		155
Loans and Leases Receivable, Gross, Total	96		155
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, Past Due [Member]
Loans receivable	1,530		1,955
Loans and Leases Receivable, Gross, Total	1,530		1,955
Financial Asset, Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	426		71
Loans and Leases Receivable, Gross, Total	426		71
Financial Asset, Past Due [Member] | Farmland Loan [Member]
Loans receivable	127		1,014
Loans and Leases Receivable, Gross, Total	127		1,014
Financial Asset, Past Due [Member] | Residential Loan [Member]
Loans receivable	814		655
Loans and Leases Receivable, Gross, Total	814		655
Financial Asset, Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	56		24
Loans and Leases Receivable, Gross, Total	56		24
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	97		184
Loans and Leases Receivable, Gross, Total	97		184
Financial Asset, Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0		0
Loans and Leases Receivable, Gross, Total	0		0
Financial Asset, Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	10		7
Loans and Leases Receivable, Gross, Total	10		7
Financial Asset, Not Past Due [Member]
Loans receivable	684,587		662,140
Loans and Leases Receivable, Gross, Total	684,587		662,140
Financial Asset, Not Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	44,009		45,982
Loans and Leases Receivable, Gross, Total	44,009		45,982
Financial Asset, Not Past Due [Member] | Farmland Loan [Member]
Loans receivable	27,955		31,435
Loans and Leases Receivable, Gross, Total	27,955		31,435
Financial Asset, Not Past Due [Member] | Residential Loan [Member]
Loans receivable	291,856		279,238
Loans and Leases Receivable, Gross, Total	291,856		279,238
Financial Asset, Not Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	229,062		203,862
Loans and Leases Receivable, Gross, Total	229,062		203,862
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	32,629		33,479
Loans and Leases Receivable, Gross, Total	32,629		33,479
Financial Asset, Not Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	37,762		51,118
Loans and Leases Receivable, Gross, Total	37,762		51,118
Financial Asset, Not Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	21,314		17,026
Loans and Leases Receivable, Gross, Total	$ 21,314		$ 17,026

Note 4 - Allowance for Loan L_7

Note 4 - Allowance for Loan Losses and Impaired Loans - Impaired Loans (Details) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended	12 Months Ended
		Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Recorded investment with no related allowance	[1]	$ 2,775	$ 2,775	$ 2,580
Unpaid principal balance with no related allowance		3,433	3,433	3,151
Average recorded investment with no related allowance		2,810	2,881	2,731
Interest income recognized with no related allowance		129	211	18
Recorded investment with related allowance	[1]	3,108	3,108	3,589
Unpaid principal balance with related allowance		3,301	3,301	3,827
Related allowance		157	157	192
Average recorded investment with related allowance		3,140	3,145	5,015
Interest income recognized with related allowance		50	140	270
Average recorded investment		5,950	6,026	7,746
Recorded investment	[1]	5,883	5,883	6,169
Unpaid principal balance		6,734	6,734	6,978
Interest income recognized		179	351	288
Construction and Development Loan [Member]
Recorded investment with no related allowance	[1]	426	426
Unpaid principal balance with no related allowance		425	425	0
Average recorded investment with no related allowance		426	218	0
Interest income recognized with no related allowance			(5)
Interest income recognized with no related allowance				0
Recorded investment with related allowance	[1]	449	449	501
Unpaid principal balance with related allowance		449	449	501
Related allowance		13	13	27
Average recorded investment with related allowance		456	469	522
Interest income recognized with related allowance		7	20	31
Average recorded investment		882	687	522
Recorded investment	[1]	875	875	501
Unpaid principal balance		874	874	501
Interest income recognized		7	15	31
Farmland Loan [Member]
Recorded investment with no related allowance	[1]	2,349	2,349	2,580
Unpaid principal balance with no related allowance		3,008	3,008	3,151
Average recorded investment with no related allowance		2,384	2,464	2,731
Interest income recognized with no related allowance		129	191	18
Recorded investment with related allowance	[1]	126	126	127
Unpaid principal balance with related allowance		142	142	144
Related allowance		2	2	2
Average recorded investment with related allowance		126	126	375
Interest income recognized with related allowance		2	6	11
Average recorded investment		2,510	2,590	3,106
Recorded investment	[1]	2,475	2,475	2,707
Unpaid principal balance		3,150	3,150	3,295
Interest income recognized		131	197	29
Residential Loan [Member]
Unpaid principal balance with no related allowance				0
Average recorded investment with no related allowance			198	0
Interest income recognized with no related allowance			25	0
Recorded investment with related allowance	[1]	2,425	2,425	2,906
Unpaid principal balance with related allowance		2,602	2,602	3,082
Related allowance		136	136	159
Average recorded investment with related allowance			2,469	4,057
Interest income recognized with related allowance		39	108	222
Average recorded investment		2,448	2,667	4,057
Recorded investment	[1]			2,906
Unpaid principal balance				3,082
Interest income recognized			133	222
Commercial Mortgage Loan [Member]
Unpaid principal balance with no related allowance				0
Average recorded investment with no related allowance				0
Interest income recognized with no related allowance				0
Recorded investment with related allowance	[1]	71	71	8
Unpaid principal balance with related allowance		71	71	53
Related allowance		4	4	1
Average recorded investment with related allowance		71	40	10
Interest income recognized with related allowance		1	4	3
Average recorded investment		71	40	10
Recorded investment	[1]	71	71	8
Unpaid principal balance		71	71	53
Interest income recognized		1	4	3
Commercial and Agricultural Loan [Member]
Unpaid principal balance with no related allowance				0
Average recorded investment with no related allowance				0
Interest income recognized with no related allowance				0
Recorded investment with related allowance	[1]	37	37	46
Unpaid principal balance with related allowance		37	37	46
Related allowance		2	2	3
Average recorded investment with related allowance		39	41	49
Interest income recognized with related allowance		1	2	3
Average recorded investment		39	41	49
Recorded investment	[1]	37	37	46
Unpaid principal balance		37	37	46
Interest income recognized		1	2	3
Consumer and Other Loan [Member]
Unpaid principal balance with no related allowance				0
Average recorded investment with no related allowance		0	1	0
Interest income recognized with no related allowance		0	0	0
Recorded investment with related allowance	[1]			1
Unpaid principal balance with related allowance		0	0	1
Related allowance		0	0	0
Average recorded investment with related allowance		0	0	2
Interest income recognized with related allowance		0	0	0
Average recorded investment		0	1	2
Recorded investment	[1]			1
Unpaid principal balance		0	0	1
Interest income recognized		$ 0	$ 0	$ 0
[1]	Recorded investment is the loan balance, net of any charge-offs

Note 4 - Allowance for Loan L_8

Note 4 - Allowance for Loan Losses and Impaired Loans - Troubled Debt Restructuring (Details) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Number of contracts		0	1	1	5
Premodification		$ 0	$ 12	$ 73	$ 537
Postmodification		0	12	71	540
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Construction and Development Loan [Member]
Number of contracts		0	1	0	3
Premodification		$ 0	$ 12	$ 0	$ 471
Postmodification		0	12	0	470
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Farmland Loan [Member]
Number of contracts		0	0	0	0
Premodification		$ 0	$ 0	$ 0	$ 0
Postmodification		0	0	0	0
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Residential Loan [Member]
Number of contracts		0	0	0	1
Premodification		$ 0	$ 0	$ 0	$ 46
Postmodification		0	0	0	50
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Commercial Mortgage Loan [Member]
Number of contracts		0	0	1	0
Premodification		$ 0	$ 0	$ 73	$ 0
Postmodification		0	0	71	0
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Commercial and Agricultural Loan [Member]
Number of contracts		0	0	0	1
Premodification		$ 0	$ 0	$ 0	$ 20
Postmodification		0	0	0	20
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
Consumer and Other Loan [Member]
Number of contracts		0	0	0	0
Premodification		$ 0	$ 0	$ 0	$ 0
Postmodification		0	0	0	0
Premodification, subsequently defaulted	[1]	0	0	0	0
Postmodification, subsequently defaulted	[1]	$ 0	$ 0	$ 0	$ 0
[1]	Loans past due 30 days or more are considered to be in default.

Note 4 - Allowance for Loan L_9

Note 4 - Allowance for Loan Losses and Impaired Loans - Loans Remained in Deferment Status (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 13, 2020USD ($)
Balance	$ 404	$ 9,009
Number of loans	1	18
Customer Loans With First Deferment Portfolio Segment [Member]
Balance	$ 0	$ 782
Number of loans		7
Customer Loans With Second Deferment Portfolio Segment [Member]
Balance	0	$ 52
Number of loans		1
Accommodation and Retail Services [Member] | Commercial Loans With First Deferment Portfolio Segment [Member]
Balance	0	$ 0
Accommodation and Retail Services [Member] | Commercial Loans With Second Deferment Portfolio Segment [Member]
Balance	0	$ 752
Number of loans		1
Accommodation and Retail Services [Member] | Commercial Loans With Third Deferment Portfolio Segment [Member]
Balance	0	$ 4,438
Number of loans		2
Construction Loans [Member] | Commercial Loans With First Deferment Portfolio Segment [Member]
Balance	0	$ 47
Number of loans		1
General and Other [Member] | Commercial Loans With First Deferment Portfolio Segment [Member]
Balance	0	$ 0
General and Other [Member] | Commercial Loans With Second Deferment Portfolio Segment [Member]
Balance	$ 404	0
Number of loans	1
Construction Industry [Member] | Commercial Loans With Second Deferment Portfolio Segment [Member]
Balance	$ 0	$ 36
Number of loans		1
Construction Industry [Member] | Commercial Loans With Third Deferment Portfolio Segment [Member]
Balance	0	$ 0
Agricultural [Member] | Commercial Loans With First Deferment Portfolio Segment [Member]
Balance	0	$ 603
Number of loans		2
Commercial Real Estate [Member] | Commercial Loans With Second Deferment Portfolio Segment [Member]
Balance	0	$ 2,146
Number of loans		2
Manufacturing [Member] | Commercial Loans With Third Deferment Portfolio Segment [Member]
Balance	$ 0	$ 153
Number of loans		1

Note 4 - Allowance for Loan _10

Note 4 - Allowance for Loan Losses and Impaired Loans - Carrying Amount of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Outstanding balance	$ 337	$ 351
Carrying amount	337	351
Residential Loan [Member]
Outstanding balance	137	142
Commercial Mortgage Loan [Member]
Outstanding balance	104	113
Commercial and Agricultural Loan [Member]
Outstanding balance	$ 96	$ 96

Note 5 - Employee Benefit Pla_2

Note 5 - Employee Benefit Plan - Net Periodic Pension Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest cost	$ 36	$ 41	$ 108	$ 123
Expected return on plan assets	(174)	(157)	(522)	(471)
Recognized net actuarial (gain)/loss	9	7	27	21
Net periodic benefit cost	$ (129)	$ (109)	$ (387)	$ (327)

Note 6 - Goodwill and Intangi_3

Note 6 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Amortization of Intangible Assets, Total	$ 134	$ 163	$ 461	$ 548

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Beginning of year	$ 3,257	$ 3,257
Impairment	0	0
End of the period	$ 3,257	$ 3,257

Note 6 - Goodwill and Intangi_5

Note 6 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Net book value, balance	$ 2,359
Net book value, balance	1,898	$ 2,359
Core Deposits [Member]
Net book value, balance	2,359	3,070
Amortization expense	(461)	(711)
Net book value, balance	$ 1,898	$ 2,359

Note 7 - Leases - Lease Expense

Note 7 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Right-of-use assets	$ 588		$ 680
Weighted average remaining lease term (years) (Year)	6 years 9 months 3 days		7 years 1 month 6 days
Weighted average discount rate	2.44%		2.45%
Operating lease expense	$ 115	$ 108
Short-term lease expense	22	25
Total lease expense	137	133
Cash paid for amounts included in lease liabilities	115	$ 108
Other Liabilities [Member]
Lease liabilities	$ 588		$ 680

Note 7 - Leases - Maturity Sche

Note 7 - Leases - Maturity Schedule of Undiscounted Cash flow (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Three months ending December 31, 2021	$ 38
Twelve months ending December 31, 2022	123
Twelve months ending December 31, 2023	83
Twelve months ending December 31, 2024	69
Twelve months ending December 31, 2025	72
Thereafter	258
Total undiscounted cash flows	643
Less discount	(55)
Other Liabilities [Member]
Lease liabilities	$ 588	$ 680

Note 8 - Share-based Compensa_3

Note 8 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)				0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)				0
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			3 years 3 months
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		14,500	14,500
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)		$ 11.30	$ 11.30
Share-based Payment Arrangement, Expense	$ 14		$ 28
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 137		$ 137
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25.00%
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25.00%
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25.00%
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Four [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		25.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	300,000		300,000

Note 8 - Share-based Compensa_4

Note 8 - Share-based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - $ / shares	3 Months Ended	9 Months Ended
	Mar. 31, 2021	Sep. 30, 2021
Balance (in shares)	0	0
Balance, weighted average grant date fair value (in dollars per share)	$ 0	$ 0
Granted (in shares)	14,500	14,500
Granted, weighted average grant date fair value (in dollars per share)	$ 11.30	$ 11.30
Vested (in shares)		0
Vested, weighted average grant date fair value (in dollars per share)		$ 0
Forfeited (in shares)		0
Forfeited, weighted average grant date fair value (in dollars per share)		$ 0
Balance (in shares)		14,500
Balance, weighted average grant date fair value (in dollars per share)		$ 11.30

Note 9 - Commitments and Cont_3

Note 9 - Commitments and Contingencies (Details Textual)	9 Months Ended
	Sep. 30, 2021USD ($)
Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure	$ 5,000,000

Note 9 - Commitments and Cont_4

Note 9 - Commitments and Contingencies - Summary of Bank's Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financial instruments with off balance sheet risk	$ 128,225	$ 113,038
Commitments to Extend Credit [Member]
Financial instruments with off balance sheet risk	127,843	111,778
Standby Letters of Credit [Member]
Financial instruments with off balance sheet risk	$ 382	$ 1,260

Note 10 - Financial Instrumen_3

Note 10 - Financial Instruments (Details Textual) Pure in Thousands, $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Number of Derivative Instruments Held	0	0
Fair Value, Recurring [Member]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0	$ 0

Note 10 - Financial Instrumen_4

Note 10 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Reported Value Measurement [Member]
Net Loans	$ 680,567	$ 659,195
Time Deposits	197,712	194,419
FHLB Advances	10,000	10,000
Time Deposits	197,712	194,419
Estimate of Fair Value Measurement [Member]
Net Loans	676,591	653,454
Time Deposits	197,276	196,522
FHLB Advances	9,863	9,765
Time Deposits	197,276	196,522
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Net Loans	0	0
Time Deposits	0	0
FHLB Advances	9,863	9,765
Time Deposits	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Net Loans	676,402	653,255
Time Deposits	197,276	196,522
FHLB Advances	0	0
Time Deposits	197,276	196,522
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Net Loans	189	199
Time Deposits	0	0
FHLB Advances	0	0
Time Deposits	$ 0	$ 0

Note 10 - Financial Instrumen_5

Note 10 - Financial Instruments - Assets Recorded at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Investment securities available for sale	$ 107,422	$ 33,507
Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	107,422	33,507
Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0	0
US Government Agencies Debt Securities [Member]
Investment securities available for sale	15,239
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	15,239
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0
Collateralized Mortgage Backed Securities [Member]
Investment securities available for sale	55,706	15,684
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	55,706	15,684
Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0	0
Corporate Debt Securities [Member]
Investment securities available for sale	1,500	1,500
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	1,500	1,500
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0	0
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale	34,977	16,323
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	34,977	16,323
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	$ 0	$ 0

Note 10 - Financial Instrumen_6

Note 10 - Financial Instruments - Assets Recorded at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Impaired Loans [Member]
Assets at fair value	$ 189	$ 199
Fair Value, Nonrecurring [Member]
Assets at fair value	189	199
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	189	199
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Assets at fair value	189	199
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	$ 189	$ 199

Note 10 - Financial Instrumen_7

Note 10 - Financial Instruments - Significant Unobservable Inputs Used Fair Value Measurements (Details) Pure in Thousands, $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Minimum [Member] | Measurement Input, Discount Rate [Member]
Impaired loans, significant unobservable inputs	0
Impaired Loans [Member]
Assets at fair value	$ 189	$ 199

Note 11 - Short-term Debt (Deta

Note 11 - Short-term Debt (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Short-term Debt, Total	$ 0	$ 0
Unsecured Lines of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	73,000
Unsecured Lines of Credit [Member] | Federal Home Loan Bank [Member]
Line of Credit Facility, Current Borrowing Capacity	$ 226,700

Note 12 - Long-term Debt (Detai

Note 12 - Long-term Debt (Details Textual) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Advances from Federal Home Loan Banks, Total	$ 10	$ 10
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate	0.819%

Note 13 - Capital Requirement_2

Note 13 - Capital Requirements - Capital Amounts and Ratios (Details)	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Capital	$ 89,701	$ 84,176
Capital, ratio	0.1254	0.1310
Capital required for capital adequacy	$ 57,228	$ 51,409
Capital required for capital adequacy, ratio	0.0800	0.0800
Capital required to be well capitalized	$ 71,535	$ 64,261
Capital required to be well capitalized, ratio	0.1000	0.1000
Tier 1 capital risk	$ 84,115	$ 79,240
Tier 1 capital risk, raio	0.1176	0.1233
Tier 1 Capital risk required for capital adequacy	$ 42,921	$ 38,557
Tier 1 Capital risk required for capital adequacy, ratio	0.0600	0.0600
Tier 1 Capital risk required to be well capitalized	$ 57,228	$ 51,409
Tier 1 Capital risk required to be well capitalized, ratio	0.0800	0.0800
Common equity Tier 1	$ 84,115	$ 79,240
Common equity Tier 1, raio	0.1176	0.1233
Common equity Tier 1 required for capital adequacy	$ 32,191	$ 28,918
Common equity Tier 1 required for capital adequacy, raio	0.0450	0.0450
Common equity Tier 1 required to be well capitalized	$ 46,498	$ 41,770
Common equity Tier 1 required to be well capitalized, ratio	0.0650	0.0650
Tier 1 capital average	$ 84,115	$ 79,240
Tier 1 capital average, ratio	0.0873	0.0950
Tier 1 capital average required for capital adequacy	$ 38,561	$ 33,354
Tier 1 capital average required for capital adequacy, ratio	0.0400	0.0400
Tier 1 capital average required to be well capitalized	$ 48,201	$ 41,692
Tier 1 capital average required to be well capitalized, ratio	0.0500	0.0500