Skyline Bankshares (SLBK) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 11, 2022
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	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
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		5,608,716

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 18,615	$ 14,349
Interest-bearing deposits with banks	49,795	5,986
Federal funds sold	602	95,311
Investment securities available for sale	138,491	129,715
Restricted equity securities	1,950	1,971
Loans, net of allowance for loan losses of $6,168 at September 30, 2022 and $5,677 at December 31, 2021	732,824	677,855
Cash value of life insurance	22,368	18,750
Properties and equipment, net	32,128	30,856
Accrued interest receivable	2,589	2,363
Core deposit intangible	1,391	1,764
Goodwill	3,257	3,257
Deferred tax assets, net	5,955	1,122
Other assets	13,780	12,549
Assets, Total	1,023,745	995,848
Liabilities
Noninterest-bearing	328,000	298,107
Interest-bearing	617,666	600,119
Total deposits	945,666	898,226
Borrowings	3,350	8,200
Accrued interest payable	91	73
Other liabilities	4,124	4,155
Liabilities, Total	953,231	910,654
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, 5,608,716 and 5,606,216 issued and outstanding at September 30, 2022 and December 31, 2021, respectively	0	0
Surplus	33,493	33,588
Retained earnings	59,378	53,745
Accumulated other comprehensive loss	(22,357)	(2,139)
Stockholders' Equity Attributable to Parent, Ending Balance	70,514	85,194
Liabilities and Equity, Total	$ 1,023,745	$ 995,848

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Allowance for loan losses	$ 6,168	$ 5,677
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)	5,608,716	5,606,216
Common stock, outstanding (in shares)	5,608,716	5,606,216

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest income
Loans and fees on loans	$ 8,217	$ 8,259	$ 23,923	$ 24,092
Interest-bearing deposits in banks	356	19	548	85
Federal funds sold	3	11	5	11
Interest on taxable securities	742	358	1,962	952
Interest on nontaxable securities	72	12	176	34
Dividends	5	8	59	66
Interest and Dividend Income, Operating, Total	9,395	8,667	26,673	25,240
Interest expense
Deposits	374	556	1,232	1,857
Interest on borrowings	55	21	140	62
Interest Expense, Total	429	577	1,372	1,919
Net interest income	8,966	8,090	25,301	23,321
Provision for loan losses	148	219	502	576
Net interest income after provision for loan losses	8,818	7,871	24,799	22,745
Noninterest income
Debt Securities, Available-for-Sale, Realized Gain (Loss), Total	0	265	0	265
Increase in cash value of life insurance	135	108	397	324
Life insurance income	0	0	217	0
Other income	37	53	45	387
Noninterest Income, Total	1,570	1,813	4,738	4,842
Noninterest expenses
Salaries and employee benefits	3,875	3,645	11,271	10,812
Occupancy and equipment	1,139	907	3,216	2,696
Foreclosed asset expense, net	(1)	1	(1)	1
Data processing expense	408	468	1,343	1,434
FDIC Assessments	114	76	342	229
Advertising	161	172	488	473
Bank franchise tax	126	126	379	379
Director fees	56	58	202	205
Professional fees	144	107	484	455
Telephone expense	110	100	370	298
Core deposit intangible amortization	105	134	373	461
Other expense	662	489	1,842	1,542
Noninterest Expense, Total	6,899	6,283	20,309	18,985
Net income before income taxes	3,489	3,401	9,228	8,602
Income tax expense	701	701	1,798	1,753
Net income	$ 2,788	$ 2,700	$ 7,430	$ 6,849
Net income per share (in dollars per share)	$ 0.50	$ 0.45	$ 1.32	$ 1.14
Weighted average shares outstanding (in shares)	5,608,716	6,003,504	5,612,452	6,028,449
Dividends declared per share (in dollars per share)	$ 0.17	$ 0.14	$ 0.32	$ 0.27
Deposit Account [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 489	$ 444	$ 1,406	$ 1,071
Financial Service, Other [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	835	668	2,314	1,934
Mortgage Banking [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 74	$ 275	$ 359	$ 861

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net income	$ 2,788	$ 2,700	$ 7,430	$ 6,849
Unrealized losses on investment securities available for sale:
Unrealized losses arising during the period	(9,049)	106	(25,593)	(1,030)
Tax related to unrealized losses	1,900	(22)	5,375	216
Reclassification of net realized gains during the period	0	(265)	0	(265)
Tax related to realized gains	0	56	0	56
Total other comprehensive loss	(7,149)	(125)	(20,218)	(1,023)
Total comprehensive income (loss)	(4,361)	2,575	(12,788)	5,826
Net income	$ 2,788	$ 2,700	$ 7,430	$ 6,849

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, 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)
Restricted stock issued (in shares)	14,500
Restricted stock issued	$ 0	0	0	0	0
Common stock repurchased (in shares)	(10,000)
Common stock repurchased	$ 0	(109)	0	0	(109)
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
Balance (in shares) at Dec. 31, 2021	5,606,216
Balance at Dec. 31, 2021	$ 0	33,588	53,745	(2,139)	85,194
Net income	0	0	2,406	0	2,406
Other comprehensive income (loss)	0	0	0	(7,388)	(7,388)
Dividends paid	$ 0	0	(843)	0	(843)
Restricted stock issued (in shares)	14,500
Restricted stock issued	$ 0	0	0	0	0
Share-based compensation	$ 0	15	0	0	15
Balance (in shares) at Mar. 31, 2022	5,620,716
Balance at Mar. 31, 2022	$ 0	33,603	55,308	(9,527)	79,384
Balance (in shares) at Dec. 31, 2021	5,606,216
Balance at Dec. 31, 2021	$ 0	33,588	53,745	(2,139)	85,194
Net income					7,430
Other comprehensive income (loss)					(20,218)
Balance (in shares) at Sep. 30, 2022	5,608,716
Balance at Sep. 30, 2022	$ 0	33,493	59,378	(22,357)	70,514
Balance (in shares) at Mar. 31, 2022	5,620,716
Balance at Mar. 31, 2022	$ 0	33,603	55,308	(9,527)	79,384
Net income	0	0	2,236	0	2,236
Other comprehensive income (loss)	$ 0	0	0	(5,681)	(5,681)
Common stock repurchased (in shares)	(12,000)
Common stock repurchased	$ 0	(154)	0	0	(154)
Share-based compensation	$ 0	22	0	0	22
Balance (in shares) at Jun. 30, 2022	5,608,716
Balance at Jun. 30, 2022	$ 0	33,471	57,544	(15,208)	75,807
Net income	0	0	2,788	0	2,788
Other comprehensive income (loss)	0	0	0	(7,149)	(7,149)
Dividends paid	0	0	(954)	0	(954)
Share-based compensation	$ 0	22	0	0	22
Balance (in shares) at Sep. 30, 2022	5,608,716
Balance at Sep. 30, 2022	$ 0	$ 33,493	$ 59,378	$ (22,357)	$ 70,514

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021
Dividends paid per share (in dollars per share)	$ 0.17	$ 0.15	$ 0.14	$ 0.13

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Cash flows from operating activities
Net income	$ 2,788	$ 2,406	$ 2,700	$ 1,847	$ 7,430	$ 6,849
Adjustments to reconcile net income to net cash provided by operations:
Depreciation					1,241	1,125
Amortization of core deposit intangible	105		134		373	461
Accretion of loan discount and deposit premium, net					(343)	(844)
Provision for loan losses	148		219		502	576
Deferred income taxes					542	(218)
Net realized gains on securities	0		(265)		0	(265)
Accretion of discount on securities, net of amortization of premiums					196	251
Deferred compensation					121	16
Share-based compensation					59	28
(Gains) Losses on disposal of property and equipment					(5)	1
Life insurance income	0		0		(217)	0
Changes in assets and liabilities:
Cash value of life insurance					(397)	(324)
Accrued interest receivable					(226)	(59)
Other assets					(1,009)	(910)
Accrued interest payable					18	(2)
Other liabilities					(374)	(1,132)
Net cash provided by operating activities					7,911	5,553
Cash flows from investing activities
Purchases					(45,181)	(91,541)
Sales	0		8,620		0	8,619
Maturities/calls/paydowns					10,616	7,726
Sales of restricted equity securities					21	207
Net increase in loans					(55,171)	(21,189)
Purchases of life insurance contracts					(3,500)	0
Proceeds from life insurance contracts					496	0
Proceeds from sale of property and equipment					647	0
Purchases of property and equipment					(3,155)	(4,810)
Net cash used in investing activities					(95,227)	(100,988)
Cash flows from financing activities
Net increase in deposits					47,483	122,809
Repayment of FHLB advances					(5,000)	0
Advance on short-term line of credit					150	0
Common stock repurchased					(154)	(956)
Dividends paid					(1,797)	(1,624)
Net cash provided by financing activities					40,682	120,229
Net (decrease) increase in cash and cash equivalents					(46,634)	24,794
Cash and cash equivalents, beginning		$ 115,646		$ 95,689	115,646	95,689	$ 95,689
Cash and cash equivalents, ending	$ 69,012		$ 120,483		69,012	120,483	$ 115,646
Supplemental disclosure of cash flow information
Interest paid					1,354	1,921
Taxes paid					568	2,063
Supplemental disclosure of noncash investing activities
Effect on equity of change in net unrealized loss on available for sale securities					(20,218)	(1,023)
Right-of-use assets obtained in exchange for new operating lease liabilities					$ 327	$ 11

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
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-five The consolidated financial statements as of September 30, 2022 nine three September 30, 2022 2021 December 31, 2021, 10 December 31, 2021. nine three September 30, 2022 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 offered 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 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 during 2021 2020 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, 2022, 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 - nine September 30, 2022 2021 three September 30, 2022 2021 Mortgage Origination Fees nine September 30, 2022 2021 three September 30, 2022 2021 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - nine September 30, 2022 2021 three September 30, 2022 2021 ● Insurance and Investment - nine September 30, 2022 2021 three September 30, 2022 2021 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 nine September 30, 2022 2021 three September 30, 2022 2021 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. For the nine three September 30, 2022 2021, no Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale and changes in the funded status of the pension plan which are also recognized as separate components of equity. The accumulated balances related to each component of other comprehensive income (loss) are as follows: Unrealized Gains And (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive loss 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 ) Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (20,218 ) - (20,218 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance September 30, 2022 $ (21,695 ) $ (662 ) $ (22,357 ) Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under line of credit arrangements, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 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 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 In October 2021, December 15, 2022, not In March 2022, No. 2022 02, Financial Instruments-Credit Losses (Topic 326 2022 02 2016 13 2016 13, 2022 02 December 15, 2022, not 2016 13, 2022 02 2016 13. 2016 13. may 2022 02 In June 2022, December 15, 2023, 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, 2022
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, 2022 December 31, 2021 (dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value September 30, 2022 Available for sale: U.S. Treasury securities $ 4,976 $ - $ (145 ) $ 4,831 U.S. Government agencies 24,991 - (4,355 ) 20,636 Mortgage-backed securities 80,546 - (11,995 ) 68,551 Corporate securities 1,500 - - 1,500 State and municipal securities 53,940 19 (10,986 ) 42,973 $ 165,953 $ 19 $ (27,481 ) $ 138,491 December 31, 2021 Available for sale: U.S. Government agencies $ 20,333 $ 7 $ (191 ) $ 20,149 Mortgage-backed securities 64,437 208 (1,334 ) 63,311 Corporate securities 1,500 - - 1,500 State and municipal securities 45,314 189 (748 ) 44,755 $ 131,584 $ 404 $ (2,273 ) $ 129,715 Restricted equity securities totaled $2.0 million at September 30, 2022 December 31, 2021, 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, 2022 December 31, 2021. 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, 2022 Available for sale: U.S. Treasury securities $ 4,831 $ (145 ) $ - $ - 4,831 $ (145 ) U.S. Government agencies 8,677 (1,943 ) 8,684 (2,412 ) 20,636 (4,355 ) Mortgage-backed securities 42,691 (4,977 ) 29,127 (7,018 ) 68,543 (11,995 ) State and municipal securities 27,860 (6,897 ) 13,534 (4,089 ) 41,394 (10,986 ) Total securities available for sale $ 84,059 $ (13,962 ) $ 51,345 $ (13,519 ) $ 135,404 $ (27,481 ) December 31, 2021 Available for sale: U.S. Government agencies $ 15,091 $ (191 ) $ - $ - $ 15,091 $ (191 ) Mortgage-backed securities 51,990 (1,334 ) - - 51,990 (1,334 ) State and municipal securities 28,305 (589 ) 3,560 (159 ) 31,865 (748 ) Total securities available for sale $ 95,386 $ (2,114 ) $ 3,560 $ (159 ) $ 98,946 $ (2,273 ) At September 30, 2022, not not none September 30, 2022. no not There were no sales of investment securities available for sale for the nine three September 30, 2022. nine three September 30, 2021. nine September 30, 2022 nine September 30, 2021. nine three September 30, 2022 2021 Nine Months Ended September 30 Three Months Ended September 30 (dollars in thousands) 2022 2021 2022 2021 Realized gains $ - $ 265 $ - $ 265 Realized losses - - - - $ - $ 265 $ - $ 265 There were no may The scheduled maturities of securities available for sale at September 30, 2022, (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 78 $ 77 Due after one year through five years 13,630 13,061 Due after five years through ten years 67,344 57,252 Due after ten years 84,901 68,101 $ 165,953 $ 138,491 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 $34.2 million and $32.0 million at September 30, 2022 December 31, 2021,

Note 3 - Loans Receivable

Note 3 - Loans Receivable	9 Months Ended
	Sep. 30, 2022
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, 2022 December 31, 2021 (dollars in thousands) 2022 2021 Construction & development $ 45,826 $ 44,252 Farmland 24,846 25,026 Residential 346,308 298,413 Commercial mortgage 261,879 230,071 Commercial & agricultural 39,794 38,442 SBA-PPP 86 24,528 Consumer & other 20,253 22,800 Total loans 738,992 683,532 Allowance for loan losses (6,168 ) (5,677 ) Loans, net of allowance for loan losses $ 732,824 $ 677,855 As of September 30, 2022 December 31, 2021, 1 4 Small Business Administration Paycheck Protection Program Gross SBA-PPP loans totaling $96 thousand with net deferred fees of $10 thousand remained on the balance sheet as of September 30, 2022. December 31, 2021. September 30, 2022 December 31, 2021 (dollars in thousands) September 30, 2022 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million - - % $ - - % Over $350,000 to less than $2 million - - % - - % Up to $350,000 8 100.00 % 86 100.00 % Total 8 100.00 % $ 86 100.00 % (dollars in thousands) December 31, 2021 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 1 0.12 % $ 1,950 7.95 % Over $350,000 to less than $2 million 11 1.36 % 5,018 20.46 % Up to $350,000 797 98.52 % 17,560 71.59 % Total 809 100.00 % $ 24,528 100.00 % A summary of our SBA-PPP loans as of September 30, 2022 December 31, 2021 (dollars in thousands) September 30, 2022 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing - - % $ - - % Retail Trade 1 12.50 % 21 24.42 % Construction 1 12.50 % 10 11.63 % Health Care & Social Assistance 1 12.50 % 5 5.81 % Accommodation & Retail Services 1 12.50 % 30 34.88 % Educational Services - - % - - % General & Other 4 50.00 % 20 23.26 % Total 8 100.00 % $ 86 100.00 % (dollars in thousands) December 31, 2021 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 26 3.21 % $ 2,067 8.43 % Retail Trade 61 7.54 % 1,124 4.58 % Construction 127 15.70 % 2,855 11.64 % Health Care & Social Assistance 18 2.23 % 1,300 5.30 % Accommodation & Retail Services 58 7.17 % 4,235 17.27 % Educational Services 4 0.49 % 2,424 9.88 % General & Other 515 63.66 % 10,523 42.90 % Total 809 100.00 % $ 24,528 100.00 %

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses and Impaired Loans	9 Months Ended
	Sep. 30, 2022
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, 2022 December 31, 2021: 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, 2022 Allowance for loan losses: Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 Charge-offs - - - - - (42 ) (42 ) Recoveries 1 - - 8 13 6 28 Provision 38 4 19 85 (20 ) 22 148 Balance, September 30, 2022 $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 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 Nine Months Ended September 30, 2022 Allowance for loan losses: Balance, December 31, 2021 $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (6 ) (86 ) (92 ) Recoveries 3 - 11 8 23 36 81 Provision 22 (24 ) 199 264 (11 ) 52 502 Balance, September 30, 2022 $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 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 September 30, 2022 Allowance for loan losses: Ending Balance $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 Ending balance: individually evaluated for impairment $ 5 $ 6 $ - $ - $ - $ - $ 11 Ending balance: collectively evaluated for impairment $ 504 $ 285 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,157 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 45,826 $ 24,846 $ 346,308 $ 261,879 $ 39,794 $ 20,253 $ 738,906 Ending balance: individually evaluated for impairment $ 383 $ 262 $ - $ 393 $ - $ - $ 1,038 Ending balance: collectively evaluated for impairment $ 45,443 $ 24,584 $ 346,187 $ 261,394 $ 39,749 $ 20,253 $ 737,610 Ending balance: purchased credit impaired loans $ - $ - $ 121 $ 92 $ 45 $ - $ 258 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, 2021 Allowance for loan losses: Ending Balance $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Ending balance: individually evaluated for impairment $ - $ 8 $ - $ - $ - $ - $ 8 Ending balance: collectively evaluated for impairment $ 484 $ 307 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,669 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 44,252 $ 25,026 $ 298,413 $ 230,071 $ 38,442 $ 22,800 $ 659,004 Ending balance: individually evaluated for impairment $ 712 $ 283 $ - $ - $ - $ - $ 995 Ending balance: collectively evaluated for impairment $ 43,540 $ 24,743 $ 298,279 $ 229,970 $ 38,396 $ 22,800 $ 657,728 Ending balance: purchased credit impaired loans $ - $ - $ 134 $ 101 $ 46 $ - $ 281 As of September 30, 2022 December 31, 2021, 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, 2022 December 31, 2021, 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, 2022 December 31, 2021: Credit Risk Profile by Internally Assigned Grades Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total September 30, 2022 Real Estate Secured: Construction & development $ 45,411 $ - $ - $ 415 $ 45,826 Farmland 21,420 824 600 2,002 24,846 Residential 344,715 269 510 814 346,308 Commercial mortgage 255,409 2,211 2,313 1,946 261,879 Non-Real Estate Secured: Commercial & agricultural 39,624 36 - 134 39,794 SBA-PPP 86 - - - 86 Consumer & other 20,243 - - 10 20,253 Total $ 726,908 $ 3,340 $ 3,423 $ 5,321 $ 738,992 December 31, 2021 Real Estate Secured: Construction & development $ 43,423 $ - $ - $ 829 $ 44,252 Farmland 21,430 831 480 2,285 25,026 Residential 296,160 356 582 1,315 298,413 Commercial mortgage 220,061 5,036 3,607 1,367 230,071 Non-Real Estate Secured: Commercial & agricultural 38,254 20 - 168 38,442 SBA-PPP 24,528 - - - 24,528 Consumer & other 22,800 - - - 22,800 Total $ 666,656 $ 6,243 $ 4,669 $ 5,964 $ 683,532 Loans may may first The following table presents an age analysis of nonaccrual and past due loans by category as of September 30, 2022 December 31, 2021: 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, 2022 Real Estate Secured: Construction & development $ - $ 31 $ 383 $ 414 $ 45,412 $ 45,826 $ - $ 415 Farmland - - - - 24,846 24,846 - 98 Residential 189 280 238 707 345,601 346,308 - 552 Commercial mortgage - 93 46 139 261,740 261,879 - 641 Non-Real Estate Secured: Commercial & agricultural - 8 54 62 39,732 39,794 - 54 SBA-PPP - - - - 86 86 - - Consumer & other - - 10 10 20,243 20,253 - 10 Total $ 189 $ 412 $ 731 $ 1,332 $ 737,660 $ 738,992 $ - $ 1,770 December 31, 2021 Real Estate Secured: Construction & development $ - $ - $ 426 $ 426 $ 43,826 $ 44,252 $ - $ 426 Farmland - - 117 117 24,909 25,026 - 117 Residential 246 163 285 694 297,719 298,413 - 596 Commercial mortgage - - 46 46 230,025 230,071 - 121 Non-Real Estate Secured: Commercial & agricultural 58 - 46 104 38,338 38,442 - 60 SBA-PPP - - - - 24,528 24,528 - - Consumer & other 11 - - 11 22,789 22,800 - - Total $ 315 $ 163 $ 920 $ 1,398 $ 682,134 $ 683,532 $ - $ 1,320 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, 2022 December 31, 2021, September 30, 2022 December 31, 2021, September 30, 2022 December 31, 2021, not September 30, 2022 December 31, 2021, 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 September 30, 2022 December 31, 2021, The following table is a summary of information related to impaired loans as of September 30, 2022 December 31, 2021: Impaired Loans (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance September 30, 2022 With no related allowance recorded: Construction & development $ - $ - $ - Farmland - - - Residential - - - Commercial mortgage 393 402 - Commercial & agricultural - - - Consumer & other - - - Subtotal 393 402 - With an allowance recorded: Construction & development 395 395 5 Farmland 371 387 8 Residential 1,905 2,063 106 Commercial mortgage 67 67 4 Commercial & agricultural 25 25 2 Consumer & other - - - Subtotal 2,763 2,937 125 Totals: Construction & development 395 395 5 Farmland 371 387 8 Residential 1,905 2,063 106 Commercial mortgage 460 469 4 Commercial & agricultural 25 25 2 Consumer & other - - - Total $ 3,156 $ 3,339 $ 125 1 (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance December 31, 2021 With no related allowance recorded: Construction & development $ 713 $ 712 $ - Farmland - - - Residential - - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Subtotal 713 712 - With an allowance recorded: Construction & development 136 136 8 Farmland 394 410 9 Residential 2,248 2,425 127 Commercial mortgage 70 70 4 Commercial & agricultural 32 32 2 Consumer & other - - - Subtotal 2,880 3,073 150 Totals: Construction & development 849 848 8 Farmland 394 410 9 Residential 2,248 2,425 127 Commercial mortgage 70 70 4 Commercial & agricultural 32 32 2 Consumer & other - - - Total $ 3,593 $ 3,785 $ 150 1 The following table shows the average recorded investment and interest income recognized for impaired loans for the three September 30, 2022 2021: For the Three Months Ended September 30, 2022 2021 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 610 $ 44 $ 882 $ 7 Farmland 371 6 2,510 131 Residential 2,079 43 2,448 39 Commercial mortgage 465 6 71 1 Commercial & agricultural 26 - 39 1 Consumer & other - - - - Total $ 3,551 $ 99 $ 5,950 $ 179 The following table shows the average recorded investment and interest income recognized for impaired loans for the nine September 30, 2022 2021: For the Nine Months Ended September 30, 2022 2021 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 622 $ 55 $ 687 $ 15 Farmland 382 17 2,590 197 Residential 2,102 107 2,667 133 Commercial mortgage 466 16 40 4 Commercial & agricultural 29 1 41 2 Consumer & other - - 1 - Total $ 3,601 $ 196 $ 6,026 $ 351 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 tables set forth information with respect to the Bank’s troubled debt restructurings as of September 30, 2022 September 30, 2021: For the Nine Months Ended September 30, 2022 (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 2 79 77 - - - Commercial mortgage 1 403 393 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 3 $ 482 $ 470 - $ - $ - ( 1 30 During the nine September 30, 2022, three twelve nine September 30, 2022. For the Three Months Ended September 30, 2022 (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 1 29 29 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 29 $ 29 - $ - $ - ( 1 30 During the three September 30, 2022, twelve September 30, 2022. 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 30 During the nine September 30, 2021, 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 30 During the three September 30, 2021, twelve September 30, 2021. Modifications in response to COVID- 19 The Company offered short-term loan modifications to assist borrowers during the COVID- 19 six 19 19. six 12 not 19 not not December 31, 2021. 1 The Bank began receiving requests for loan deferments on March 23, 2020 December 31, 2021, 250 no September 30, 2022 December 31, 2021. Purchased Credit Impaired Loans During 2018, not September 30, 2022 December 31, 2021 (dollars in thousands) 2022 2021 Residential $ 121 $ 134 Commercial mortgage 92 101 Commercial & agricultural 45 46 Outstanding balance $ 258 $ 281 Carrying amount $ 258 $ 281 There was no There were no nine September 30, 2022 December 31, 2021. not

Note 5 - Employee Benefit Plan

Note 5 - Employee Benefit Plan	9 Months Ended
	Sep. 30, 2022
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, 2022 2021. Nine Months Ended September 30, Three Months Ended September 30, (dollars in thousands) 2022 2021 2022 2021 Interest cost $ 108 $ 108 $ 36 $ 36 Expected return on plan assets (555 ) (522 ) (185 ) (174 ) Recognized net actuarial (gain)/loss - 27 - 9 Net periodic benefit cost $ (447 ) $ (387 ) $ (149 ) $ (129 ) 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, 2021 no 2022. not 2022.

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 6. Goodwill An analysis of goodwill during the nine September 30, 2022 December 31, 2021 September 30, December 31, (dollars in thousands) 2022 2021 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, 2022 December 31, 2021 September 30, December 31, (dollars in thousands) 2022 2021 Balance at beginning of year, net of accumulated amortization $ 1,764 $ 2,359 Amortization expense (373 ) (595 ) Net book value $ 1,391 $ 1,764 Aggregate amortization expense was $373 thousand and $461 thousand for the nine September 30, 2022 2021, three September 30, 2022 2021,

Note 7 - Leases

Note 7 - Leases	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 7. The Company’s leases are recorded under ASC Topic 842, Leases Contracts are evaluated to determine whether they are or contain a lease in accordance with Topic 842. 842 not not 12 2021 2022 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) 2022 2021 Lease liabilities $ 775 $ 553 Right-of-use assets $ 775 $ 553 Weighted average remaining lease term (years) 5.79 6.70 Weighted average discount rate 2.74 % 2.45 % Nine Months Ended September 30, (dollars in thousands) 2022 2021 Lease Expense Operating lease expense $ 117 $ 115 Short-term lease expense 7 22 Total lease expense $ 124 $ 137 Cash paid for amounts included in lease liabilities $ 117 $ 115 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, 2022 $ 41 Twelve months ending December 31, 2023 153 Twelve months ending December 31, 2024 140 Twelve months ending December 31, 2025 143 Twelve months ending December 31, 2026 143 Thereafter 221 Total undiscounted cash flows $ 841 Less discount (66 ) Lease liabilities $ 775

Note 8 - Share-based Compensati

Note 8 - Share-based Compensation	9 Months Ended
	Sep. 30, 2022
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 Equity 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 Equity 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. No may March 16, 2030 may not September 30, 2022, On February 18, 2022, December 15, 2022, December 15, 2023, December 15, 2024, December 15, 2025, December 15, 2026. nine September 30, 2022 2021, three September 30, 2022 2021, As of September 30, 2022, 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, 2021 10,875 $ 11.30 - Granted 14,500 13.00 Vested - - $ - Forfeited - - Unvested as of September 30, 2022 25,375 $ 12.38

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
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, 2022 December 31, 2021 September 30, December 31, (dollars in thousands) 2022 2021 Commitments to extend credit $ 149,800 $ 140,526 Standby letters of credit 1,329 1,161 $ 151,129 $ 141,687 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, 2022
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, 2022 December 31, 2021. no For loans, the carrying amount is net of unearned income and the allowance for loan losses. In accordance with ASU No. 2016 01, September 30, 2022 December 31, 2021, 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, 2022 Financial Instruments – Assets Net Loans $ 732,824 $ 693,126 $ - $ - $ 693,126 Financial Instruments – Liabilities Time Deposits 175,015 174,327 - 174,327 - December 31, 2021 Financial Instruments – Assets Net Loans $ 677,855 $ 671,826 $ - $ - $ 671,826 Financial Instruments – Liabilities Time Deposits 190,334 191,464 - 191,464 - FHLB Advances 5,000 4,951 - 4,951 - 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, 2022, 2. no 3. Assets Recorded at Fair Value on a Recurring Basis (dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2022 Investment securities available for sale U.S. Treasury securities $ 4,831 $ - $ 4,831 $ - U.S. Government agencies 20,636 - 20,636 - Mortgage-backed securities 68,551 - 68,551 - Corporate securities 1,500 - 1,500 - State and municipal securities 42,973 - 42,973 - Total assets at fair value $ 138,491 $ - $ 138,491 $ - December 31, 2021 Investment securities available for sale U.S. Government agencies $ 20,149 $ - $ 20,149 $ - Mortgage-backed securities 63,311 - 63,311 - Corporate securities 1,500 - 1,500 - State and municipal securities 44,755 - 44,755 - Total assets at fair value $ 129,715 $ - $ 129,715 $ - No September 30, 2022 December 31, 2021. nine September 30, 2022 December 31, 2021. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may September 30, 2022 December 31, 2021. (dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2022 Impaired loans $ 177 $ - $ - $ 177 Total assets at fair value $ 177 $ - $ - $ 177 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2021 Impaired loans $ 189 $ - $ - $ 189 Total assets at fair value $ 189 $ - $ - $ 189 For Level 3 September 30, 2022 December 31, 2021, Fair Value at September 30, 2022 Fair Value at December 31, 2021 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 177 $ 189 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, 2022
Notes to Financial Statements
Short-Term Debt [Text Block]	Note 11. On December 21, 2021, December 21, 2022. September 30, 2022, December 31, 2021, At September 30, 2022 December 31, 2021, At September 30, 2022,

Note 12 - Long-term Debt

Note 12 - Long-term Debt	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Long-Term Debt [Text Block]	Note 12. At September 30, 2022, At December 31, 2021, December 6, 2029. March 31, 2022,

Note 13 - Capital Requirements

Note 13 - Capital Requirements	9 Months Ended
	Sep. 30, 2022
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 Small Bank Holding Company Policy Statement, and is not September 30, 2022 December 31, 2021, January 1, 2015. Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio September 30, 2022 Total Capital (to risk weighted assets) $ 97,294 12.66 % $ 61,496 8.00 % $ 76,871 10.00 % Tier 1 Capital (to risk weighted assets) $ 91,081 11.85 % $ 46,122 6.00 % $ 61,496 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 91,081 11.85 % $ 34,592 4.50 % $ 49,966 6.50 % Tier 1 Capital (to average total assets) $ 91,081 8.66 % $ 42,050 4.00 % $ 52,563 5.00 % December 31, 2021 Total Capital (to risk weighted assets) $ 90,617 12.23 % $ 59,256 8.00 % $ 74,071 10.00 % Tier 1 Capital (to risk weighted assets) $ 84,900 11.46 % $ 44,442 6.00 % $ 59,256 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 84,900 11.46 % $ 33,332 4.50 % $ 48,146 6.50 % Tier 1 Capital (to average total assets) $ 84,900 8.58 % $ 39,598 4.00 % $ 49,497 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, 2022, not may

Note 14 - Subsequent Events

Note 14 - Subsequent Events	9 Months Ended
	Sep. 30, 2022
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, 2022
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 offered 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 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 during 2021 2020 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, 2022, 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 - nine September 30, 2022 2021 three September 30, 2022 2021 Mortgage Origination Fees nine September 30, 2022 2021 three September 30, 2022 2021 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - nine September 30, 2022 2021 three September 30, 2022 2021 ● Insurance and Investment - nine September 30, 2022 2021 three September 30, 2022 2021
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 nine September 30, 2022 2021 three September 30, 2022 2021
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. For the nine three September 30, 2022 2021, no
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale and changes in the funded status of the pension plan which are also recognized as separate components of equity. The accumulated balances related to each component of other comprehensive income (loss) are as follows: Unrealized Gains And (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive loss 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 ) Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (20,218 ) - (20,218 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance September 30, 2022 $ (21,695 ) $ (662 ) $ (22,357 )
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Credit Related Financial Instruments In the ordinary course of business, the Company has entered into commitments to extend credit, including commitments under line of credit arrangements, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in Note 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
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 In October 2021, December 15, 2022, not In March 2022, No. 2022 02, Financial Instruments-Credit Losses (Topic 326 2022 02 2016 13 2016 13, 2022 02 December 15, 2022, not 2016 13, 2022 02 2016 13. 2016 13. may 2022 02 In June 2022, December 15, 2023, 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, 2022
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, 2020 $ 582 $ (1,103 ) $ (521 ) Other comprehensive loss 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 ) Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (20,218 ) - (20,218 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance September 30, 2022 $ (21,695 ) $ (662 ) $ (22,357 )

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	9 Months Ended
	Sep. 30, 2022
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, 2022 Available for sale: U.S. Treasury securities $ 4,976 $ - $ (145 ) $ 4,831 U.S. Government agencies 24,991 - (4,355 ) 20,636 Mortgage-backed securities 80,546 - (11,995 ) 68,551 Corporate securities 1,500 - - 1,500 State and municipal securities 53,940 19 (10,986 ) 42,973 $ 165,953 $ 19 $ (27,481 ) $ 138,491 December 31, 2021 Available for sale: U.S. Government agencies $ 20,333 $ 7 $ (191 ) $ 20,149 Mortgage-backed securities 64,437 208 (1,334 ) 63,311 Corporate securities 1,500 - - 1,500 State and municipal securities 45,314 189 (748 ) 44,755 $ 131,584 $ 404 $ (2,273 ) $ 129,715
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, 2022 Available for sale: U.S. Treasury securities $ 4,831 $ (145 ) $ - $ - 4,831 $ (145 ) U.S. Government agencies 8,677 (1,943 ) 8,684 (2,412 ) 20,636 (4,355 ) Mortgage-backed securities 42,691 (4,977 ) 29,127 (7,018 ) 68,543 (11,995 ) State and municipal securities 27,860 (6,897 ) 13,534 (4,089 ) 41,394 (10,986 ) Total securities available for sale $ 84,059 $ (13,962 ) $ 51,345 $ (13,519 ) $ 135,404 $ (27,481 ) December 31, 2021 Available for sale: U.S. Government agencies $ 15,091 $ (191 ) $ - $ - $ 15,091 $ (191 ) Mortgage-backed securities 51,990 (1,334 ) - - 51,990 (1,334 ) State and municipal securities 28,305 (589 ) 3,560 (159 ) 31,865 (748 ) Total securities available for sale $ 95,386 $ (2,114 ) $ 3,560 $ (159 ) $ 98,946 $ (2,273 )
Schedule of Realized Gain (Loss) [Table Text Block]	Nine Months Ended September 30 Three Months Ended September 30 (dollars in thousands) 2022 2021 2022 2021 Realized gains $ - $ 265 $ - $ 265 Realized losses - - - - $ - $ 265 $ - $ 265
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 78 $ 77 Due after one year through five years 13,630 13,061 Due after five years through ten years 67,344 57,252 Due after ten years 84,901 68,101 $ 165,953 $ 138,491

Note 3 - Loans Receivable (Tabl

Note 3 - Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) 2022 2021 Construction & development $ 45,826 $ 44,252 Farmland 24,846 25,026 Residential 346,308 298,413 Commercial mortgage 261,879 230,071 Commercial & agricultural 39,794 38,442 SBA-PPP 86 24,528 Consumer & other 20,253 22,800 Total loans 738,992 683,532 Allowance for loan losses (6,168 ) (5,677 ) Loans, net of allowance for loan losses $ 732,824 $ 677,855 (dollars in thousands) September 30, 2022 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million - - % $ - - % Over $350,000 to less than $2 million - - % - - % Up to $350,000 8 100.00 % 86 100.00 % Total 8 100.00 % $ 86 100.00 % (dollars in thousands) December 31, 2021 # of SBA Balance Less SBA Tier Approved Mix Unearned Fees Mix $2 million to $10 million 1 0.12 % $ 1,950 7.95 % Over $350,000 to less than $2 million 11 1.36 % 5,018 20.46 % Up to $350,000 797 98.52 % 17,560 71.59 % Total 809 100.00 % $ 24,528 100.00 % (dollars in thousands) September 30, 2022 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing - - % $ - - % Retail Trade 1 12.50 % 21 24.42 % Construction 1 12.50 % 10 11.63 % Health Care & Social Assistance 1 12.50 % 5 5.81 % Accommodation & Retail Services 1 12.50 % 30 34.88 % Educational Services - - % - - % General & Other 4 50.00 % 20 23.26 % Total 8 100.00 % $ 86 100.00 % (dollars in thousands) December 31, 2021 # of SBA Balance Less Industry Approved Mix Unearned Fees Mix Manufacturing 26 3.21 % $ 2,067 8.43 % Retail Trade 61 7.54 % 1,124 4.58 % Construction 127 15.70 % 2,855 11.64 % Health Care & Social Assistance 18 2.23 % 1,300 5.30 % Accommodation & Retail Services 58 7.17 % 4,235 17.27 % Educational Services 4 0.49 % 2,424 9.88 % General & Other 515 63.66 % 10,523 42.90 % Total 809 100.00 % $ 24,528 100.00 %

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses and Impaired Loans (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended September 30, 2022 Allowance for loan losses: Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 Charge-offs - - - - - (42 ) (42 ) Recoveries 1 - - 8 13 6 28 Provision 38 4 19 85 (20 ) 22 148 Balance, September 30, 2022 $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 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 Nine Months Ended September 30, 2022 Allowance for loan losses: Balance, December 31, 2021 $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (6 ) (86 ) (92 ) Recoveries 3 - 11 8 23 36 81 Provision 22 (24 ) 199 264 (11 ) 52 502 Balance, September 30, 2022 $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 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 September 30, 2022 Allowance for loan losses: Ending Balance $ 509 $ 291 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,168 Ending balance: individually evaluated for impairment $ 5 $ 6 $ - $ - $ - $ - $ 11 Ending balance: collectively evaluated for impairment $ 504 $ 285 $ 2,731 $ 2,180 $ 327 $ 130 $ 6,157 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 45,826 $ 24,846 $ 346,308 $ 261,879 $ 39,794 $ 20,253 $ 738,906 Ending balance: individually evaluated for impairment $ 383 $ 262 $ - $ 393 $ - $ - $ 1,038 Ending balance: collectively evaluated for impairment $ 45,443 $ 24,584 $ 346,187 $ 261,394 $ 39,749 $ 20,253 $ 737,610 Ending balance: purchased credit impaired loans $ - $ - $ 121 $ 92 $ 45 $ - $ 258 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total December 31, 2021 Allowance for loan losses: Ending Balance $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Ending balance: individually evaluated for impairment $ - $ 8 $ - $ - $ - $ - $ 8 Ending balance: collectively evaluated for impairment $ 484 $ 307 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,669 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 44,252 $ 25,026 $ 298,413 $ 230,071 $ 38,442 $ 22,800 $ 659,004 Ending balance: individually evaluated for impairment $ 712 $ 283 $ - $ - $ - $ - $ 995 Ending balance: collectively evaluated for impairment $ 43,540 $ 24,743 $ 298,279 $ 229,970 $ 38,396 $ 22,800 $ 657,728 Ending balance: purchased credit impaired loans $ - $ - $ 134 $ 101 $ 46 $ - $ 281
Financing Receivable Credit Quality Indicators [Table Text Block]	Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total September 30, 2022 Real Estate Secured: Construction & development $ 45,411 $ - $ - $ 415 $ 45,826 Farmland 21,420 824 600 2,002 24,846 Residential 344,715 269 510 814 346,308 Commercial mortgage 255,409 2,211 2,313 1,946 261,879 Non-Real Estate Secured: Commercial & agricultural 39,624 36 - 134 39,794 SBA-PPP 86 - - - 86 Consumer & other 20,243 - - 10 20,253 Total $ 726,908 $ 3,340 $ 3,423 $ 5,321 $ 738,992 December 31, 2021 Real Estate Secured: Construction & development $ 43,423 $ - $ - $ 829 $ 44,252 Farmland 21,430 831 480 2,285 25,026 Residential 296,160 356 582 1,315 298,413 Commercial mortgage 220,061 5,036 3,607 1,367 230,071 Non-Real Estate Secured: Commercial & agricultural 38,254 20 - 168 38,442 SBA-PPP 24,528 - - - 24,528 Consumer & other 22,800 - - - 22,800 Total $ 666,656 $ 6,243 $ 4,669 $ 5,964 $ 683,532
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, 2022 Real Estate Secured: Construction & development $ - $ 31 $ 383 $ 414 $ 45,412 $ 45,826 $ - $ 415 Farmland - - - - 24,846 24,846 - 98 Residential 189 280 238 707 345,601 346,308 - 552 Commercial mortgage - 93 46 139 261,740 261,879 - 641 Non-Real Estate Secured: Commercial & agricultural - 8 54 62 39,732 39,794 - 54 SBA-PPP - - - - 86 86 - - Consumer & other - - 10 10 20,243 20,253 - 10 Total $ 189 $ 412 $ 731 $ 1,332 $ 737,660 $ 738,992 $ - $ 1,770 December 31, 2021 Real Estate Secured: Construction & development $ - $ - $ 426 $ 426 $ 43,826 $ 44,252 $ - $ 426 Farmland - - 117 117 24,909 25,026 - 117 Residential 246 163 285 694 297,719 298,413 - 596 Commercial mortgage - - 46 46 230,025 230,071 - 121 Non-Real Estate Secured: Commercial & agricultural 58 - 46 104 38,338 38,442 - 60 SBA-PPP - - - - 24,528 24,528 - - Consumer & other 11 - - 11 22,789 22,800 - - Total $ 315 $ 163 $ 920 $ 1,398 $ 682,134 $ 683,532 $ - $ 1,320
Impaired Financing Receivables [Table Text Block]	(dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance September 30, 2022 With no related allowance recorded: Construction & development $ - $ - $ - Farmland - - - Residential - - - Commercial mortgage 393 402 - Commercial & agricultural - - - Consumer & other - - - Subtotal 393 402 - With an allowance recorded: Construction & development 395 395 5 Farmland 371 387 8 Residential 1,905 2,063 106 Commercial mortgage 67 67 4 Commercial & agricultural 25 25 2 Consumer & other - - - Subtotal 2,763 2,937 125 Totals: Construction & development 395 395 5 Farmland 371 387 8 Residential 1,905 2,063 106 Commercial mortgage 460 469 4 Commercial & agricultural 25 25 2 Consumer & other - - - Total $ 3,156 $ 3,339 $ 125 (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance December 31, 2021 With no related allowance recorded: Construction & development $ 713 $ 712 $ - Farmland - - - Residential - - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Subtotal 713 712 - With an allowance recorded: Construction & development 136 136 8 Farmland 394 410 9 Residential 2,248 2,425 127 Commercial mortgage 70 70 4 Commercial & agricultural 32 32 2 Consumer & other - - - Subtotal 2,880 3,073 150 Totals: Construction & development 849 848 8 Farmland 394 410 9 Residential 2,248 2,425 127 Commercial mortgage 70 70 4 Commercial & agricultural 32 32 2 Consumer & other - - - Total $ 3,593 $ 3,785 $ 150 For the Three Months Ended September 30, 2022 2021 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 610 $ 44 $ 882 $ 7 Farmland 371 6 2,510 131 Residential 2,079 43 2,448 39 Commercial mortgage 465 6 71 1 Commercial & agricultural 26 - 39 1 Consumer & other - - - - Total $ 3,551 $ 99 $ 5,950 $ 179 For the Nine Months Ended September 30, 2022 2021 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 622 $ 55 $ 687 $ 15 Farmland 382 17 2,590 197 Residential 2,102 107 2,667 133 Commercial mortgage 466 16 40 4 Commercial & agricultural 29 1 41 2 Consumer & other - - 1 - Total $ 3,601 $ 196 $ 6,026 $ 351
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 2 79 77 - - - Commercial mortgage 1 403 393 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 3 $ 482 $ 470 - $ - $ - (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 1 29 29 - - - Commercial mortgage - - - - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 29 $ 29 - $ - $ - (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 - $ - $ - - $ - $ -
Schedule of Business Acquisition, Carrying Amount of Acquired Loans [Table Text Block]	(dollars in thousands) 2022 2021 Residential $ 121 $ 134 Commercial mortgage 92 101 Commercial & agricultural 45 46 Outstanding balance $ 258 $ 281 Carrying amount $ 258 $ 281

Note 5 - Employee Benefit Plan

Note 5 - Employee Benefit Plan (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Nine Months Ended September 30, Three Months Ended September 30, (dollars in thousands) 2022 2021 2022 2021 Interest cost $ 108 $ 108 $ 36 $ 36 Expected return on plan assets (555 ) (522 ) (185 ) (174 ) Recognized net actuarial (gain)/loss - 27 - 9 Net periodic benefit cost $ (447 ) $ (387 ) $ (149 ) $ (129 )

Note 6 - Goodwill and Intangi_2

Note 6 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Goodwill [Table Text Block]	September 30, December 31, (dollars in thousands) 2022 2021 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) 2022 2021 Balance at beginning of year, net of accumulated amortization $ 1,764 $ 2,359 Amortization expense (373 ) (595 ) Net book value $ 1,391 $ 1,764

Note 7 - Leases (Tables)

Note 7 - Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Lease, Cost [Table Text Block]	September 30, December 31, (dollars in thousands) 2022 2021 Lease liabilities $ 775 $ 553 Right-of-use assets $ 775 $ 553 Weighted average remaining lease term (years) 5.79 6.70 Weighted average discount rate 2.74 % 2.45 % Nine Months Ended September 30, (dollars in thousands) 2022 2021 Lease Expense Operating lease expense $ 117 $ 115 Short-term lease expense 7 22 Total lease expense $ 124 $ 137 Cash paid for amounts included in lease liabilities $ 117 $ 115
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(dollars in thousands) Three months ending December 31, 2022 $ 41 Twelve months ending December 31, 2023 153 Twelve months ending December 31, 2024 140 Twelve months ending December 31, 2025 143 Twelve months ending December 31, 2026 143 Thereafter 221 Total undiscounted cash flows $ 841 Less discount (66 ) Lease liabilities $ 775

Note 8 - Share-based Compensa_2

Note 8 - Share-based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
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, 2021 10,875 $ 11.30 - Granted 14,500 13.00 Vested - - $ - Forfeited - - Unvested as of September 30, 2022 25,375 $ 12.38

Note 9 - Commitments and Cont_2

Note 9 - Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	September 30, December 31, (dollars in thousands) 2022 2021 Commitments to extend credit $ 149,800 $ 140,526 Standby letters of credit 1,329 1,161 $ 151,129 $ 141,687

Note 10 - Financial Instrumen_2

Note 10 - Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
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, 2022 Financial Instruments – Assets Net Loans $ 732,824 $ 693,126 $ - $ - $ 693,126 Financial Instruments – Liabilities Time Deposits 175,015 174,327 - 174,327 - December 31, 2021 Financial Instruments – Assets Net Loans $ 677,855 $ 671,826 $ - $ - $ 671,826 Financial Instruments – Liabilities Time Deposits 190,334 191,464 - 191,464 - FHLB Advances 5,000 4,951 - 4,951 -
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2022 Investment securities available for sale U.S. Treasury securities $ 4,831 $ - $ 4,831 $ - U.S. Government agencies 20,636 - 20,636 - Mortgage-backed securities 68,551 - 68,551 - Corporate securities 1,500 - 1,500 - State and municipal securities 42,973 - 42,973 - Total assets at fair value $ 138,491 $ - $ 138,491 $ - December 31, 2021 Investment securities available for sale U.S. Government agencies $ 20,149 $ - $ 20,149 $ - Mortgage-backed securities 63,311 - 63,311 - Corporate securities 1,500 - 1,500 - State and municipal securities 44,755 - 44,755 - Total assets at fair value $ 129,715 $ - $ 129,715 $ - (dollars in thousands) Total Level 1 Level 2 Level 3 September 30, 2022 Impaired loans $ 177 $ - $ - $ 177 Total assets at fair value $ 177 $ - $ - $ 177 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2021 Impaired loans $ 189 $ - $ - $ 189 Total assets at fair value $ 189 $ - $ - $ 189
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at September 30, 2022 Fair Value at December 31, 2021 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Impaired Loans $ 177 $ 189 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, 2022
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, 2022 Total Capital (to risk weighted assets) $ 97,294 12.66 % $ 61,496 8.00 % $ 76,871 10.00 % Tier 1 Capital (to risk weighted assets) $ 91,081 11.85 % $ 46,122 6.00 % $ 61,496 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 91,081 11.85 % $ 34,592 4.50 % $ 49,966 6.50 % Tier 1 Capital (to average total assets) $ 91,081 8.66 % $ 42,050 4.00 % $ 52,563 5.00 % December 31, 2021 Total Capital (to risk weighted assets) $ 90,617 12.23 % $ 59,256 8.00 % $ 74,071 10.00 % Tier 1 Capital (to risk weighted assets) $ 84,900 11.46 % $ 44,442 6.00 % $ 59,256 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 84,900 11.46 % $ 33,332 4.50 % $ 48,146 6.50 % Tier 1 Capital (to average total assets) $ 84,900 8.58 % $ 39,598 4.00 % $ 49,497 5.00 %

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) $ in Thousands			3 Months Ended		9 Months Ended
	Jul. 01, 2018 USD ($) shares	Jul. 01, 2016	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Fees, Credit and Debit Cards			$ 704	$ 588	$ 2,000	$ 1,700
Insurance Services Revenue, Total			20	14	46	45
Advertising Expense			161	172	488	473
Service Charge on Deposit Accounts [Member]
Revenue from Contract with Customer, Including Assessed Tax			489	444	1,400	1,100
Mortgage Banking [Member]
Revenue from Contract with Customer, Including Assessed Tax			$ 74	$ 275	$ 359	$ 861
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%
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%
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, 2022
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, 2022	Sep. 30, 2021
Balance	$ 85,194	$ 85,106
Balance	70,514	88,380
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	(1,477)	582
Other comprehensive loss before reclassifications	(20,218)	(814)
Amounts reclassified from accumulated other comprehensive income, net of tax	0	(209)
Balance	(21,695)	(441)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(662)	(1,103)
Other comprehensive loss before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income, net of tax	0	0
Balance	(662)	(1,103)
AOCI Attributable to Parent [Member]
Balance	(2,139)	(521)
Other comprehensive loss before reclassifications	(20,218)	(814)
Amounts reclassified from accumulated other comprehensive income, net of tax	0	(209)
Balance	$ (22,357)	$ (1,544)

Note 2 - Investment Securitie_2

Note 2 - Investment Securities (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Restricted Investments	$ 1,950		$ 1,950		$ 1,971
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	82		82
Percentage of Debt Securities with Unrealized Losses Depreciated	16.87%		16.87%
Proceeds from Sale of Debt Securities, Available-for-Sale	$ 0	$ 8,620	$ 0	$ 8,619
Proceeds from Calls of Debt Securities, Available-for-sale			1,700	$ 500
Deposit Liabilities, Collateral Issued, Financial Instruments	$ 34,200		$ 34,200		$ 32,000

Note 2 - Investment Securitie_3

Note 2 - Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Amortized cost	$ 165,953	$ 131,584
Unrealized gains	19	404
Unrealized losses	(27,481)	(2,273)
Investment securities available for sale	138,491	129,715
US Treasury Securities [Member]
Amortized cost	4,976	20,333
Unrealized gains	0	7
Unrealized losses	(145)	(191)
Investment securities available for sale	4,831	20,149
US Government Agencies Debt Securities [Member]
Amortized cost	24,991
Unrealized gains	0
Unrealized losses	(4,355)
Investment securities available for sale	20,636
Collateralized Mortgage-Backed Securities [Member]
Amortized cost	80,546	64,437
Unrealized gains	0	208
Unrealized losses	(11,995)	(1,334)
Investment securities available for sale	68,551	63,311
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	53,940	45,314
Unrealized gains	19	189
Unrealized losses	(10,986)	(748)
Investment securities available for sale	$ 42,973	$ 44,755

Note 2 - Investment Securitie_4

Note 2 - Investment Securities - Continuous Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Less than 12 months, fair value	$ 84,059	$ 95,386
Less than 12 months, unrealized losses	(13,962)	(2,114)
12 months or more, fair value	51,345	3,560
12 months or more, unrealized losses	(13,519)	(159)
Fair value	135,404	98,946
Unrealized losses	(27,481)	(2,273)
US Treasury Securities [Member]
Less than 12 months, fair value	4,831
Less than 12 months, unrealized losses	(145)
12 months or more, fair value	0
12 months or more, unrealized losses	0
Fair value	4,831
Unrealized losses	(145)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	8,677	15,091
Less than 12 months, unrealized losses	(1,943)	(191)
12 months or more, fair value	8,684	0
12 months or more, unrealized losses	(2,412)	0
Fair value	20,636	15,091
Unrealized losses	(4,355)	(191)
Collateralized Mortgage-Backed Securities [Member]
Less than 12 months, fair value	42,691	51,990
Less than 12 months, unrealized losses	(4,977)	(1,334)
12 months or more, fair value	29,127	0
12 months or more, unrealized losses	(7,018)	0
Fair value	68,543	51,990
Unrealized losses	(11,995)	(1,334)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	27,860	28,305
Less than 12 months, unrealized losses	(6,897)	(589)
12 months or more, fair value	13,534	3,560
12 months or more, unrealized losses	(4,089)	(159)
Fair value	41,394	31,865
Unrealized losses	$ (10,986)	$ (748)

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Realized gains	$ 0	$ 265	$ 0	$ 265
Realized losses	0	0	0	0
Debt Securities, Available-for-Sale, Realized Gain (Loss), Total	$ 0	$ 265	$ 0	$ 265

Note 2 - Investment Securitie_6

Note 2 - Investment Securities - Maturities of Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Due in one year or less, amortized cost	$ 78
Due in one year or less, fair value	77
Due after one year through five years, amortized cost	13,630
Due after one year through five years, fair value	13,061
Due after five years through ten years, amortized cost	67,344
Due after five years through ten years, fair value	57,252
Due after ten years, amortized cost	84,901
Due after ten years, fair value	68,101
Amortized cost	165,953	$ 131,584
Fair value	$ 138,491	$ 129,715

Note 3 - Loans Receivable (Deta

Note 3 - Loans Receivable (Details Textual) - SBA PPP Loans [Member] - SBA CARES Act Paycheck Protection Program [Member] - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Financing Receivable, before Allowance for Credit Loss, Total	$ 96	$ 26,300
Loans and Leases Receivable, Deferred Income	$ 10	$ 1,800

Note 3 - Loans Receivable - Com

Note 3 - Loans Receivable - Components of Loans (Details) $ in Thousands	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Loans receivable	$ 738,992		$ 683,532
Allowance for loan losses	(6,168)	$ (6,034)	(5,677)	$ (5,550)	$ (5,342)	$ (4,900)
Loans, net of allowance for loan losses	732,824		677,855
Loans and Leases Receivable, Gross, Total	738,992		683,532
Loans receivable, gross	738,992		683,532
Construction and Development Loan [Member]
Loans receivable	45,826		44,252
Allowance for loan losses	(509)	(470)	(484)	(488)	(428)	(499)
Loans and Leases Receivable, Gross, Total	45,826		44,252
Loans receivable, gross	45,826		44,252
SBA PPP Loans [Member]
Loans receivable	$ 86		$ 24,528
Number of SBA Loans	8		809
Financing receivables, percent mix one	100%		100%
Loans and Leases Receivable, Gross, Total	$ 86		$ 24,528
Financing receivables, percent mix two	100%		100%
Number of industry SBA loans	8		809
Industry percentage mix one of SBA loans	100%		100%
Loans receivable, gross	$ 86		$ 24,528
Industry percentage mix two of SBA loans	100%		100%
SBA PPP Loans [Member] | Manufacturing [Member]
Loans receivable	$ 0		$ 2,067
Number of SBA Loans	0		26
Financing receivables, percent mix one	0%		3.21%
Loans and Leases Receivable, Gross, Total	$ 0		$ 2,067
Financing receivables, percent mix two	0%		8.43%
Number of industry SBA loans	0		26
Industry percentage mix one of SBA loans	0%		3.21%
Loans receivable, gross	$ 0		$ 2,067
Industry percentage mix two of SBA loans	0%		8.43%
SBA PPP Loans [Member] | Retail Trade [Member]
Loans receivable	$ 21		$ 1,124
Number of SBA Loans	1		61
Financing receivables, percent mix one	12.50%		7.54%
Loans and Leases Receivable, Gross, Total	$ 21		$ 1,124
Financing receivables, percent mix two	24.42%		4.58%
Number of industry SBA loans	1		61
Industry percentage mix one of SBA loans	12.50%		7.54%
Loans receivable, gross	$ 21		$ 1,124
Industry percentage mix two of SBA loans	24.42%		4.58%
SBA PPP Loans [Member] | Construction Industry [Member]
Loans receivable	$ 10		$ 2,855
Number of SBA Loans	1		127
Financing receivables, percent mix one	12.50%		15.70%
Loans and Leases Receivable, Gross, Total	$ 10		$ 2,855
Financing receivables, percent mix two	11.63%		11.64%
Number of industry SBA loans	1		127
Industry percentage mix one of SBA loans	12.50%		15.70%
Loans receivable, gross	$ 10		$ 2,855
Industry percentage mix two of SBA loans	11.63%		11.64%
SBA PPP Loans [Member] | Healthcare Sector [Member]
Loans receivable	$ 5		$ 1,300
Number of SBA Loans	1		18
Financing receivables, percent mix one	12.50%		2.23%
Loans and Leases Receivable, Gross, Total	$ 5		$ 1,300
Financing receivables, percent mix two	5.81%		5.30%
Number of industry SBA loans	1		18
Industry percentage mix one of SBA loans	12.50%		2.23%
Loans receivable, gross	$ 5		$ 1,300
Industry percentage mix two of SBA loans	5.81%		5.30%
SBA PPP Loans [Member] | Accommodation and Retail Services [Member]
Loans receivable	$ 30		$ 4,235
Number of SBA Loans	1		58
Financing receivables, percent mix one	12.50%		7.17%
Loans and Leases Receivable, Gross, Total	$ 30		$ 4,235
Financing receivables, percent mix two	34.88%		17.27%
Number of industry SBA loans	1		58
Industry percentage mix one of SBA loans	12.50%		7.17%
Loans receivable, gross	$ 30		$ 4,235
Industry percentage mix two of SBA loans	34.88%		17.27%
SBA PPP Loans [Member] | Education Services [Member]
Loans receivable	$ 0		$ 2,424
Number of SBA Loans	0		4
Financing receivables, percent mix one	0%		0.49%
Loans and Leases Receivable, Gross, Total	$ 0		$ 2,424
Financing receivables, percent mix two	0%		9.88%
Number of industry SBA loans	0		4
Industry percentage mix one of SBA loans	0%		0.49%
Loans receivable, gross	$ 0		$ 2,424
Industry percentage mix two of SBA loans	0%		9.88%
SBA PPP Loans [Member] | General and Other [Member]
Loans receivable	$ 20		$ 10,523
Number of SBA Loans	4		515
Financing receivables, percent mix one	50%		63.66%
Loans and Leases Receivable, Gross, Total	$ 20		$ 10,523
Financing receivables, percent mix two	23.26%		42.90%
Number of industry SBA loans	4		515
Industry percentage mix one of SBA loans	50%		63.66%
Loans receivable, gross	$ 20		$ 10,523
Industry percentage mix two of SBA loans	23.26%		42.90%
SBA PPP Loans [Member] | SBA Tier 1 [Member]
Loans receivable	$ 0		$ 1,950
Number of SBA Loans	0		1
Financing receivables, percent mix one	0%		0.12%
Loans and Leases Receivable, Gross, Total	$ 0		$ 1,950
Financing receivables, percent mix two	0%		7.95%
Number of industry SBA loans	0		1
Industry percentage mix one of SBA loans	0%		0.12%
Loans receivable, gross	$ 0		$ 1,950
Industry percentage mix two of SBA loans	0%		7.95%
SBA PPP Loans [Member] | SBA Tier 2 [Member]
Loans receivable	$ 0		$ 5,018
Number of SBA Loans	0		11
Financing receivables, percent mix one	0%		1.36%
Loans and Leases Receivable, Gross, Total	$ 0		$ 5,018
Financing receivables, percent mix two	0%		20.46%
Number of industry SBA loans	0		11
Industry percentage mix one of SBA loans	0%		1.36%
Loans receivable, gross	$ 0		$ 5,018
Industry percentage mix two of SBA loans	0%		20.46%
SBA PPP Loans [Member] | SBA Tier 3 [Member]
Loans receivable	$ 86		$ 17,560
Number of SBA Loans	8		797
Financing receivables, percent mix one	100%		98.52%
Loans and Leases Receivable, Gross, Total	$ 86		$ 17,560
Financing receivables, percent mix two	100%		71.59%
Number of industry SBA loans	8		797
Industry percentage mix one of SBA loans	100%		98.52%
Loans receivable, gross	$ 86		$ 17,560
Industry percentage mix two of SBA loans	100%		71.59%
Farmland Loan [Member]
Loans receivable	$ 24,846		$ 25,026
Allowance for loan losses	(291)	(287)	(315)	(312)	(344)	(406)
Loans and Leases Receivable, Gross, Total	24,846		25,026
Loans receivable, gross	24,846		25,026
Residential Loan [Member]
Loans receivable	346,308		298,413
Allowance for loan losses	(2,731)	(2,712)	(2,521)	(2,437)	(2,320)	(2,167)
Loans and Leases Receivable, Gross, Total	346,308		298,413
Loans receivable, gross	346,308		298,413
Commercial Mortgage Loan [Member]
Loans receivable	261,879		230,071
Allowance for loan losses	(2,180)	(2,087)	(1,908)	(1,929)	(1,843)	(1,421)
Loans and Leases Receivable, Gross, Total	261,879		230,071
Loans receivable, gross	261,879		230,071
Commercial and Agricultural Loan [Member]
Loans receivable	39,794		38,442
Allowance for loan losses	(327)	(334)	(321)	(270)	(273)	(293)
Loans and Leases Receivable, Gross, Total	39,794		38,442
Loans receivable, gross	39,794		38,442
Consumer and Other Loan [Member]
Loans receivable	20,253		22,800
Allowance for loan losses	(130)	$ (144)	(128)	$ (114)	$ (134)	$ (114)
Loans and Leases Receivable, Gross, Total	20,253		22,800
Loans receivable, gross	$ 20,253		$ 22,800

Note 4 - Allowance for Loan L_3

Note 4 - Allowance for Loan Losses and Impaired Loans (Details Textual) $ in Thousands		3 Months Ended			9 Months Ended			12 Months Ended
		Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)		Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Loans and Leases Receivable, Allowance, Ending Balance		$ 6,168	$ 6,034	$ 5,550	$ 6,168		$ 5,550	$ 5,677	$ 5,342	$ 4,900
Provision for Loan and Lease Losses		148		$ 219	502		$ 576
Loans and Leases Receivable, Gross, Total		738,992			738,992			683,532
Impaired Financing Receivable, Recorded Investment	[1]	3,156			3,156			3,593
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	393			393			713
Financing Receivable, Troubled Debt Restructuring		3,200			3,200			3,200
Financing Receivable, Troubled Debt Restructuring, Collectively Evaluated for impairment		2,100			2,100			2,600
Financing Receivable, Troubled Debt Restructuring, Related Allowance		$ 114			$ 114			142
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts		0		0	0	[2]	0
Financing Receivable, Modifications, Number of Contracts		1	1	0	3		1
Financing Receivable, Outstanding Loan Payments Approved for Deferment								66,500
Purchase Credit Impaired Loans					$ 0			0
Collateral Pledged [Member]
Impaired Financing Receivable, Recorded Investment		$ 1,000			1,000			966
Doubtful [Member]
Loans and Leases Receivable, Gross, Total		0			0			0
Unallocated Financing Receivables [Member]
Provision for Loan and Lease Losses					0			0
SBA PPP Loans [Member]
Loans and Leases Receivable, Gross, Total		86			86			$ 24,528
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[2]Loans past due 30 days or more are considered to be in default.

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		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Balance	$ 6,034	$ 5,342	$ 5,677	$ 4,900	$ 4,900
Charge-offs	(42)	(30)	(92)	(81)
Recoveries	28	19	81	155
Provision for Loan and Lease Losses	148	219	502	576
Balance	6,168	5,550	6,168	5,550	5,677
Allowance for loan losses	6,168	5,550	6,168	5,550	5,677
Ending balance: individually evaluated for impairment	11		11		8
Ending balance: collectively evaluated for impairment	6,157		6,157		5,669
Loans receivable, gross	738,992		738,992		683,532
Construction and Development Loan [Member]
Balance	470	428	484	499	499
Recoveries	1	1	3	3
Provision for Loan and Lease Losses	38	59	22	(14)
Balance	509	488	509	488	484
Allowance for loan losses	509	488	509	488	484
Ending balance: individually evaluated for impairment	5		5		0
Ending balance: collectively evaluated for impairment	504		504		484
Loans receivable, gross	45,826		45,826		44,252
Ending balance: individually evaluated for impairment	383		383		712
Ending balance: collectively evaluated for impairment	45,443		45,443		43,540
Farmland Loan [Member]
Balance	287	344	315	406	406
Provision for Loan and Lease Losses	4	(32)	(24)	(94)
Balance	291	312	291	312	315
Allowance for loan losses	291	312	291	312	315
Ending balance: individually evaluated for impairment	6		6		8
Ending balance: collectively evaluated for impairment	285		285		307
Loans receivable, gross	24,846		24,846		25,026
Ending balance: individually evaluated for impairment	262		262		283
Ending balance: collectively evaluated for impairment	24,584		24,584		24,743
Residential Loan [Member]
Balance	2,712	2,320	2,521	2,167	2,167
Recoveries	0		11	2
Provision for Loan and Lease Losses	19	117	199	268
Balance	2,731	2,437	2,731	2,437	2,521
Allowance for loan losses	2,731	2,437	2,731	2,437	2,521
Ending balance: collectively evaluated for impairment	2,731		2,731		2,521
Loans receivable, gross	346,308		346,308		298,413
Ending balance: collectively evaluated for impairment	346,187		346,187		298,279
Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable, gross	121		121		134
Commercial Mortgage Loan [Member]
Balance	2,087	1,843	1,908	1,421	1,421
Recoveries	8	0	8	61
Provision for Loan and Lease Losses	85	86	264	447
Balance	2,180	1,929	2,180	1,929	1,908
Allowance for loan losses	2,180	1,929	2,180	1,929	1,908
Ending balance: collectively evaluated for impairment	2,180		2,180		1,908
Loans receivable, gross	261,879		261,879		230,071
Ending balance: individually evaluated for impairment	393		393		0
Ending balance: collectively evaluated for impairment	261,394		261,394		229,970
Commercial Mortgage Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable, gross	92		92		101
Commercial and Agricultural Loan [Member]
Balance	334	273	321	293	293
Charge-offs	0		(6)
Recoveries	13	8	23	53
Provision for Loan and Lease Losses	(20)	(3)	(11)	(68)
Balance	327	270	327	270	321
Allowance for loan losses	327	270	327	270	321
Ending balance: collectively evaluated for impairment	327		327		321
Loans receivable, gross	39,794		39,794		38,442
Ending balance: collectively evaluated for impairment	39,749		39,749		38,396
Commercial and Agricultural Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable, gross	45		45		46
Consumer and Other Loan [Member]
Balance	144	134	128	114	114
Charge-offs	(42)	(22)	(86)	(73)
Recoveries	6	10	36	36
Provision for Loan and Lease Losses	22	(8)	52	37
Balance	130	114	130	114	128
Allowance for loan losses	130	$ 114	130	$ 114	128
Ending balance: collectively evaluated for impairment	130		130		128
Loans receivable, gross	20,253		20,253		22,800
Ending balance: collectively evaluated for impairment	20,253		20,253		22,800
Loans Excluding SBA PPP Loans [Member]
Loans receivable, gross	738,906		738,906		659,004
Ending balance: individually evaluated for impairment	1,038		1,038		995
Ending balance: collectively evaluated for impairment	737,610		737,610		657,728
Loans Excluding SBA PPP Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable, gross	$ 258		$ 258		$ 281

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, 2022	Dec. 31, 2021
Loans receivable	$ 738,992	$ 683,532
Construction and Development Loan [Member]
Loans receivable	45,826	44,252
Farmland Loan [Member]
Loans receivable	24,846	25,026
Residential Loan [Member]
Loans receivable	346,308	298,413
Commercial Mortgage Loan [Member]
Loans receivable	261,879	230,071
Commercial and Agricultural Loan [Member]
Loans receivable	39,794	38,442
SBA PPP Loans [Member]
Loans receivable	86	24,528
Consumer and Other Loan [Member]
Loans receivable	20,253	22,800
Pass [Member]
Loans receivable	726,908	666,656
Pass [Member] | Construction and Development Loan [Member]
Loans receivable	45,411	43,423
Pass [Member] | Farmland Loan [Member]
Loans receivable	21,420	21,430
Pass [Member] | Residential Loan [Member]
Loans receivable	344,715	296,160
Pass [Member] | Commercial Mortgage Loan [Member]
Loans receivable	255,409	220,061
Pass [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	39,624	38,254
Pass [Member] | SBA PPP Loans [Member]
Loans receivable	86	24,528
Pass [Member] | Consumer and Other Loan [Member]
Loans receivable	20,243	22,800
Watch [Member]
Loans receivable	3,340	6,243
Watch [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
Watch [Member] | Farmland Loan [Member]
Loans receivable	824	831
Watch [Member] | Residential Loan [Member]
Loans receivable	269	356
Watch [Member] | Commercial Mortgage Loan [Member]
Loans receivable	2,211	5,036
Watch [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	36	20
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	3,423	4,669
Special Mention [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
Special Mention [Member] | Farmland Loan [Member]
Loans receivable	600	480
Special Mention [Member] | Residential Loan [Member]
Loans receivable	510	582
Special Mention [Member] | Commercial Mortgage Loan [Member]
Loans receivable	2,313	3,607
Special Mention [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0	0
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	5,321	5,964
Substandard [Member] | Construction and Development Loan [Member]
Loans receivable	415	829
Substandard [Member] | Farmland Loan [Member]
Loans receivable	2,002	2,285
Substandard [Member] | Residential Loan [Member]
Loans receivable	814	1,315
Substandard [Member] | Commercial Mortgage Loan [Member]
Loans receivable	1,946	1,367
Substandard [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	134	168
Substandard [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Substandard [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 10	$ 0

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, 2022	Dec. 31, 2021
Loans receivable	$ 738,992	$ 683,532
Past due and still accruing	0	0
Nonaccrual loans	1,770	1,320
Construction and Development Loan [Member]
Loans receivable	45,826	44,252
Past due and still accruing	0	0
Nonaccrual loans	415	426
Farmland Loan [Member]
Loans receivable	24,846	25,026
Past due and still accruing	0	0
Nonaccrual loans	98	117
Residential Loan [Member]
Loans receivable	346,308	298,413
Past due and still accruing	0	0
Nonaccrual loans	552	596
Commercial Mortgage Loan [Member]
Loans receivable	261,879	230,071
Past due and still accruing	0	0
Nonaccrual loans	641	121
Commercial and Agricultural Loan [Member]
Loans receivable	39,794	38,442
Past due and still accruing	0	0
Nonaccrual loans	54	60
SBA PPP Loans [Member]
Loans receivable	86	24,528
Past due and still accruing	0	0
Nonaccrual loans	0	0
Consumer and Other Loan [Member]
Loans receivable	20,253	22,800
Past due and still accruing	0	0
Nonaccrual loans	10	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	189	315
Financial Asset, 30 to 59 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	189	246
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0	58
Financial Asset, 30 to 59 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	11
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	412	163
Financial Asset, 60 to 89 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	31	0
Financial Asset, 60 to 89 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	280	163
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	93	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	8	0
Financial Asset, 60 to 89 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable	731	920
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	383	426
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	117
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	238	285
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	46	46
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	54	46
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	10	0
Financial Asset, Past Due [Member]
Loans receivable	1,332	1,398
Financial Asset, Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	414	426
Financial Asset, Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	117
Financial Asset, Past Due [Member] | Residential Loan [Member]
Loans receivable	707	694
Financial Asset, Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	139	46
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	62	104
Financial Asset, Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	0	0
Financial Asset, Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	10	11
Financial Asset, Not Past Due [Member]
Loans receivable	737,660	682,134
Financial Asset, Not Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	45,412	43,826
Financial Asset, Not Past Due [Member] | Farmland Loan [Member]
Loans receivable	24,846	24,909
Financial Asset, Not Past Due [Member] | Residential Loan [Member]
Loans receivable	345,601	297,719
Financial Asset, Not Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	261,740	230,025
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	39,732	38,338
Financial Asset, Not Past Due [Member] | SBA PPP Loans [Member]
Loans receivable	86	24,528
Financial Asset, Not Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 20,243	$ 22,789

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
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Recorded investment with no related allowance	[1]	$ 393		$ 393		$ 713
Unpaid principal balance with no related allowance		402		402		712
Recorded investment with related allowance	[1]	2,763		2,763		2,880
Unpaid principal balance with related allowance		2,937		2,937		3,073
Related allowance		125		125		150
Recorded investment	[1]	3,156		3,156		3,593
Unpaid principal balance		3,339		3,339		3,785
Average recorded investment		3,551	$ 5,950	3,601	$ 6,026
Interest income recognized		99	179	196	351
Construction and Development Loan [Member]
Recorded investment with no related allowance	[1]	0		0		713
Unpaid principal balance with no related allowance						712
Recorded investment with related allowance	[1]	395		395		136
Unpaid principal balance with related allowance		395		395		136
Related allowance		5		5		8
Recorded investment	[1]	395		395		849
Unpaid principal balance		395		395		848
Average recorded investment		610	882	622	687
Interest income recognized		44	7	55	15
Farmland Loan [Member]
Recorded investment with related allowance	[1]	371		371		394
Unpaid principal balance with related allowance		387		387		410
Related allowance		8		8		9
Recorded investment	[1]	371		371		394
Unpaid principal balance		387		387		410
Average recorded investment		371	2,510	382	2,590
Interest income recognized		6	131	17	197
Residential Loan [Member]
Recorded investment with related allowance	[1]	1,905		1,905		2,248
Unpaid principal balance with related allowance		2,063		2,063		2,425
Related allowance		106		106		127
Recorded investment		1,905		1,905		2,248
Unpaid principal balance		2,063		2,063		2,425
Average recorded investment		2,079	2,448	2,102	2,667
Interest income recognized		43	39	107	133
Commercial Mortgage Loan [Member]
Recorded investment with no related allowance	[1]	393		393
Unpaid principal balance with no related allowance		402		402
Recorded investment with related allowance	[1]	67		67		70
Unpaid principal balance with related allowance		67		67		70
Related allowance		4		4		4
Recorded investment	[1]	460		460		70
Unpaid principal balance		469		469		70
Average recorded investment		465	71	466	40
Interest income recognized		6	1	16	4
Commercial and Agricultural Loan [Member]
Recorded investment with related allowance	[1]	25		25		32
Unpaid principal balance with related allowance		25		25		32
Related allowance		2		2		2
Recorded investment	[1]	25		25		32
Unpaid principal balance		25		25		$ 32
Average recorded investment		26	39	29	41
Interest income recognized			1		2
Consumer and Other Loan [Member]
Unpaid principal balance with related allowance		0		0
Unpaid principal balance		$ 0		$ 0
Average recorded investment			$ 0		$ 1
[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, 2022 USD ($)	Jun. 30, 2022	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)		Sep. 30, 2021 USD ($)
Number of contracts, subsequently defaulted		0		0	0	[1]	0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Number of contracts		1	1	0	3		1
Premodification		$ 29		$ 0	$ 482		$ 73
Postmodification		$ 29		$ 0	$ 470		$ 71
Construction and Development Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Farmland Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Residential Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Number of contracts		1		0	2		0
Premodification		$ 29		$ 0	$ 79		$ 0
Postmodification		$ 29		$ 0	$ 77		$ 0
Commercial Mortgage Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Number of contracts		0		0	1		1
Premodification		$ 0		$ 0	$ 403		$ 73
Postmodification		$ 0		$ 0	$ 393		$ 71
Commercial and Agricultural Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 0
Consumer and Other Loan [Member]
Number of contracts, subsequently defaulted	[1]				0
Premodification, subsequently defaulted	[1]				$ 0
Postmodification, subsequently defaulted	[1]				$ 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 - Carrying Amount of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Outstanding balance	$ 258	$ 281
Carrying amount	258	281
Residential Loan [Member]
Outstanding balance	121	134
Commercial Mortgage Loan [Member]
Outstanding balance	92	101
Commercial and Agricultural Loan [Member]
Outstanding balance	$ 45	$ 46

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest cost	$ 36	$ 36	$ 108	$ 108
Expected return on plan assets	(185)	(174)	(555)	(522)
Recognized net actuarial (gain)/loss	0	9	0	27
Net periodic benefit cost	$ (149)	$ (129)	$ (447)	$ (387)

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Amortization of Intangible Assets	$ 105	$ 134	$ 373	$ 461

Note 6 - Goodwill and Intangi_4

Note 6 - Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
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, 2022	Dec. 31, 2021
Net book value, balance	$ 1,764
Net book value, balance	1,391	$ 1,764
Core Deposits [Member]
Net book value, balance	1,764	2,359
Amortization expense	(373)	(595)
Net book value, balance	$ 1,391	$ 1,764

Note 7 - Leases - Lease Expense

Note 7 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Weighted average remaining lease term (years) (Year)	5 years 9 months 14 days		6 years 8 months 12 days
Weighted average discount rate	2.74%		2.45%
Operating lease expense	$ 117	$ 115
Short-term lease expense	7	22
Total lease expense	124	137
Cash paid for amounts included in lease liabilities	117	$ 115
Other Liabilities [Member]
Lease liabilities	775		$ 553
Other Assets [Member]
Right-of-use assets	$ 775		$ 553

Note 7 - Leases - Maturity Sche

Note 7 - Leases - Maturity Schedule of Undiscounted Cash flow (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Twelve months ending December 31, 2023	$ 153
Twelve months ending December 31, 2024	140
Twelve months ending December 31, 2025	143
Twelve months ending December 31, 2026	143
Thereafter	221
Total undiscounted cash flows	841
Less discount	(66)
Other Liabilities [Member]
Lease liabilities	$ 775	$ 553

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
	Feb. 18, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				37,700
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		262,300		262,300
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)				$ 13
Share-Based Payment Arrangement, Expense		$ 22	$ 14	$ 59	$ 28
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount		$ 252		$ 252
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				3 years 6 months 7 days
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche One [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Two [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Restricted Stock [Member] | Share-Based Payment Arrangement, Tranche Three [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Four [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Restricted Stock [Member] | Share-based Payment Arrangement, Tranche Five [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Rights, Percentage				20%
Stock Award [Member] | Share-Based Payment Arrangement, Nonemployee [Member]
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)	$ 13
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		9 Months Ended
	Feb. 18, 2022	Sep. 30, 2022
Balance (in shares)		10,875
Balance, weighted average grant date fair value (in dollars per share)		$ 11.30
Granted (in shares)	14,500	14,500
Granted, weighted average grant date fair value (in dollars per share)		$ 13
Balance (in shares)		25,375
Balance, weighted average grant date fair value (in dollars per share)		$ 12.38

Note 9 - Commitments and Cont_3

Note 9 - Commitments and Contingencies (Details Textual)	9 Months Ended
	Sep. 30, 2022 USD ($)
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, 2022	Dec. 31, 2021
Financial instruments with off balance sheet risk	$ 151,129	$ 141,687
Commitments to Extend Credit [Member]
Financial instruments with off balance sheet risk	149,800	140,526
Standby Letters of Credit [Member]
Financial instruments with off balance sheet risk	$ 1,329	$ 1,161

Note 10 - Financial Instrumen_3

Note 10 - Financial Instruments (Details Textual) Pure in Thousands, $ in Thousands	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Number of Derivative Instruments Held	0	0
Repossessed Assets, Total	$ 0	$ 0

Note 10 - Financial Instrumen_4

Note 10 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Reported Value Measurement [Member]
Net Loans	$ 732,824	$ 677,855
Time Deposits	175,015	190,334
Time Deposits	175,015	190,334
FHLB Advances		5,000
Estimate of Fair Value Measurement [Member]
Net Loans	693,126	671,826
Time Deposits	174,327	191,464
Time Deposits	174,327	191,464
FHLB Advances		4,951
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Net Loans	0	0
Time Deposits	174,327	191,464
Time Deposits	174,327	191,464
FHLB Advances		4,951
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Net Loans	$ 693,126	671,826
FHLB Advances		0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
FHLB Advances		$ 0

Note 10 - Financial Instrumen_5

Note 10 - Financial Instruments - Assets Recorded at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Impaired Loans [Member]
Investment securities available for sale	$ 177	$ 189
Assets at fair value	177	189
Fair Value, Nonrecurring [Member]
Investment securities available for sale	177	189
Assets at fair value	177	189
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	0	0
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	177	189
Assets at fair value	177	189
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Investment securities available for sale	177	189
Assets at fair value	177	189
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	0	0
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	177	189
Assets at fair value	177	189
Fair Value, Recurring [Member]
Investment securities available for sale	138,491	129,715
Assets at fair value	138,491	129,715
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	138,491	129,715
Assets at fair value	138,491	129,715
Fair Value, Recurring [Member] | US Treasury Securities [Member]
Investment securities available for sale	4,831	20,149
Assets at fair value	4,831	20,149
Fair Value, Recurring [Member] | US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	4,831	20,149
Assets at fair value	4,831	20,149
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member]
Investment securities available for sale	20,636
Assets at fair value	20,636
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	20,636
Assets at fair value	20,636
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Investment securities available for sale	68,551	63,311
Assets at fair value	68,551	63,311
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	68,551	63,311
Assets at fair value	68,551	63,311
Fair Value, Recurring [Member] | Corporate Debt Securities [Member]
Investment securities available for sale	1,500	1,500
Assets at fair value	1,500	1,500
Fair Value, Recurring [Member] | Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	1,500	1,500
Assets at fair value	1,500	1,500
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale	42,973	44,755
Assets at fair value	42,973	44,755
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	42,973	44,755
Assets at fair value	$ 42,973	$ 44,755

Note 10 - Financial Instrumen_6

Note 10 - Financial Instruments - Significant Unobservable Inputs Used Fair Value Measurements (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Impaired Loans [Member]
Assets at fair value	$ 177	$ 189

Note 11 - Short-term Debt (Deta

Note 11 - Short-term Debt (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Sep. 30, 2022	Dec. 21, 2021
Line of Credit Facility, Current Borrowing Capacity		$ 259,500
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] | Revolving Credit Facility [Member]
Line of Credit Facility, Current Borrowing Capacity			$ 5,000
Short-Term Debt, Total	$ 3,200	$ 3,350
Debt Instrument, Interest Rate, Effective Percentage	4.25%	7.25%
Unsecured Lines of Credit [Member] | Revolving Credit Facility [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	1%

Note 12 - Long-term Debt (Detai

Note 12 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2022
Advance from Federal Home Loan Bank, Total		$ 5,000	$ 0
Federal Home Loan Bank, Advances, General Debt Obligations, Prepayment Amount		$ 5,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Repayment and Penalties	$ 8

Note 13 - Capital Requirement_2

Note 13 - Capital Requirements - Capital Amounts and Ratios (Details)	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Capital	$ 97,294	$ 90,617
Capital, ratio	0.1266	0.1223
Capital required for capital adequacy	$ 61,496	$ 59,256
Capital required for capital adequacy, ratio	0.0800	0.0800
Capital required to be well capitalized, ratio	0.1000	0.1000
Tier 1 capital risk	$ 91,081	$ 84,900
Tier 1 capital risk, raio	0.1185	0.1146
Tier 1 Capital risk required for capital adequacy	$ 46,122	$ 44,442
Tier 1 Capital risk required for capital adequacy, ratio	0.0600	0.0600
Tier 1 Capital risk required to be well capitalized	$ 61,496	$ 59,256
Tier 1 Capital risk required to be well capitalized, ratio	0.0800	0.0800
Common equity Tier 1	$ 91,081	$ 84,900
Common equity Tier 1, raio	0.1185	0.1146
Common equity Tier 1 required for capital adequacy	$ 34,592	$ 33,332
Common equity Tier 1 required for capital adequacy, raio	0.0450	0.0450
Common equity Tier 1 required to be well capitalized	$ 49,966	$ 48,146
Common equity Tier 1 required to be well capitalized, ratio	0.0650	0.0650
Tier 1 capital average	$ 91,081	$ 84,900
Tier 1 capital average, ratio	0.0866	0.0858
Tier 1 capital average required for capital adequacy	$ 42,050	$ 39,598
Tier 1 capital average required for capital adequacy, ratio	0.0400	0.0400
Tier 1 capital average required to be well capitalized	$ 52,563	$ 49,497
Tier 1 capital average required to be well capitalized, ratio	0.0500	0.0500
Capital required to be well capitalized		$ 74,071