Skyline Bankshares (SLBK) 10-Q 14 Aug 23 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 11, 2023
Document Information [Line Items]
Entity Central Index Key	0001657642
Entity Registrant Name	Skyline Bankshares, Inc.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	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		5,587,704

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 20,013	$ 19,299
Interest-bearing deposits with banks	1,183	10,802
Federal funds sold	0	960
Investment securities available for sale	128,086	135,151
Restricted equity securities	2,801	1,950
Carrying amount	772,514	748,624
Cash value of life insurance	22,776	22,484
Other real estate owned	0	235
Properties and equipment, net	32,341	31,753
Accrued interest receivable	3,020	2,979
Core deposit intangible	1,076	1,286
Goodwill	3,257	3,257
Deferred tax assets, net	5,684	5,744
Other assets	14,400	13,210
Assets	1,007,151	997,734
Liabilities
Noninterest-bearing	299,413	310,510
Interest-bearing	604,025	609,817
Total deposits	903,438	920,327
Borrowings	20,304	0
Accrued interest payable	267	95
Other liabilities	5,978	4,376
Liabilities	929,987	924,798
Commitments and contingencies (Note 10)
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, 5,587,704 and 5,617,416 issued and outstanding at June 30, 2023 and December 31, 2022, respectively	0	0
Surplus	33,349	33,613
Retained earnings	65,820	62,229
Accumulated other comprehensive loss	(22,005)	(22,906)
Equity, Attributable to Parent	77,164	72,936
Liabilities and Equity	$ 1,007,151	$ 997,734

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Allowance for credit loss	$ 6,624	$ 6,248
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)	5,587,704	5,617,416
Common stock, outstanding (in shares)	5,587,704	5,617,416

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest income
Loans and fees on loans	$ 9,677	$ 7,830	$ 18,841	$ 15,706
Interest-bearing deposits in banks	99	156	187	192
Federal funds sold	14	2	24	2
Interest on taxable securities	697	713	1,444	1,220
Interest on nontaxable securities	49	55	98	104
Dividends	57	46	67	54
Interest and Dividend Income, Operating	10,593	8,802	20,661	17,278
Interest expense
Deposits	1,461	411	2,355	858
Interest on borrowings	242	40	411	85
Interest Expense	1,703	451	2,766	943
Net interest income	8,890	8,351	17,895	16,335
(Recovery of) provision for credit losses	(195)	217	(301)	354
Net interest income after (recovery of) provision for credit losses	9,085	8,134	18,196	15,981
Noninterest income
Net realized losses on securities	(16)	0	(16)	0
Increase in cash value of life insurance	153	135	292	262
Life insurance income	0	0	0	217
Other income	151	1	172	8
Noninterest Income	1,730	1,532	3,294	3,168
Noninterest expenses
Salaries and employee benefits	4,176	3,817	8,262	7,396
Occupancy and equipment	1,172	1,072	2,358	2,077
Data processing expense	524	429	1,015	935
FDIC Assessments	184	114	295	228
Advertising	187	182	322	327
Bank franchise tax	105	127	210	253
Director fees	78	85	139	146
Professional fees	156	172	377	340
Telephone expense	118	127	257	260
Core deposit intangible amortization	105	134	210	268
Other expense	592	616	1,287	1,180
Noninterest Expense	7,397	6,875	14,732	13,410
Net income before income taxes	3,418	2,791	6,758	5,739
Income tax expense	665	555	1,277	1,097
Net income	$ 2,753	$ 2,236	$ 5,481	$ 4,642
Net income per share (in dollars per share)	$ 0.49	$ 0.40	$ 0.98	$ 0.83
Weighted average shares outstanding (in shares)	5,589,340	5,590,330	5,593,265	5,592,822
Dividends declared per share (in dollars per share)	$ 0	$ 0	$ 0.21	$ 0.15
Deposit Account [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 545	$ 481	$ 1,042	$ 917
Financial Service, Other [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	829	796	1,652	1,479
Mortgage Banking [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 68	$ 119	$ 152	$ 285

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net income (loss)	$ 2,753	$ 2,236	$ 5,481	$ 4,642
Unrealized gains (losses) on investment securities available for sale:
Unrealized gains (losses) arising during the period	(2,201)	(7,191)	1,125	(16,544)
Tax related to unrealized (gains) losses	461	1,510	(237)	3,475
Reclassification of net realized losses during the period	16	0	16	0
Tax related to realized losses	(3)	0	(3)	0
Total other comprehensive income (loss)	(1,727)	(5,681)	901	(13,069)
Total comprehensive income (loss)	1,026	(3,445)	6,382	(8,427)
Net income (loss)	$ 2,753	$ 2,236	$ 5,481	$ 4,642

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
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 (loss)						0	0	2,406	0	2,406
Other comprehensive loss (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 (loss)										4,642
Other comprehensive loss (loss)										(13,069)
Balance (in shares) at Jun. 30, 2022						5,608,716
Balance at Jun. 30, 2022						$ 0	33,471	57,544	(15,208)	75,807
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 (loss)						0	0	2,236	0	2,236
Other comprehensive loss (loss)						0	0	0	(5,681)	(5,681)
Share-based compensation						$ 0	22	0	0	22
Common stock repurchased (in shares)						(12,000)
Common stock repurchased						$ 0	(154)	0	0	(154)
Balance (in shares) at Jun. 30, 2022						5,608,716
Balance at Jun. 30, 2022						$ 0	33,471	57,544	(15,208)	75,807
Balance (in shares) at Dec. 31, 2022						5,617,416
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	$ 0	$ 0	$ (710)	$ 0	$ (710)
Balance at Dec. 31, 2022						$ 0	33,613	62,229	(22,906)	72,936
Net income (loss)						0	0	2,728	0	2,728
Other comprehensive loss (loss)						0	0	0	2,628	2,628
Dividends paid						0	0	(1,180)	0	(1,180)
Share-based compensation						$ 0	20	0	0	20
Common stock repurchased (in shares)						(10,000)
Common stock repurchased						$ 0	(113)	0	0	(113)
Balance (in shares) at Mar. 31, 2023						5,607,416
Balance at Mar. 31, 2023						$ 0	33,520	63,067	(20,278)	76,309
Balance (in shares) at Dec. 31, 2022						5,617,416
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	$ 0	$ 0	$ (710)	$ 0	$ (710)
Balance at Dec. 31, 2022						$ 0	33,613	62,229	(22,906)	72,936
Net income (loss)										5,481
Other comprehensive loss (loss)										901
Balance (in shares) at Jun. 30, 2023						5,587,704
Balance at Jun. 30, 2023						$ 0	33,349	65,820	(22,005)	77,164
Balance (in shares) at Mar. 31, 2023						5,607,416
Balance at Mar. 31, 2023						$ 0	33,520	63,067	(20,278)	76,309
Net income (loss)						0	0	2,753	0	2,753
Other comprehensive loss (loss)						0	0	0	(1,727)	(1,727)
Share-based compensation						$ 0	46	0	0	46
Common stock repurchased (in shares)						(19,712)
Common stock repurchased						$ 0	(217)	0	0	(217)
Balance (in shares) at Jun. 30, 2023						5,587,704
Balance at Jun. 30, 2023						$ 0	$ 33,349	$ 65,820	$ (22,005)	$ 77,164

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Dividends paid per share (in dollars per share)	$ 0.21	$ 0.15

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended			12 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2022
Cash flows from operating activities
Net income (loss)	$ 2,753	$ 2,728	$ 2,236	$ 2,406	$ 5,481	$ 4,642
Adjustments to reconcile net income to net cash provided by operations:
Depreciation					942	817
Amortization of core deposit intangible	105		134		210	268
Accretion of loan discount and deposit premium, net					(72)	(285)
(Recovery of) provision for credit losses	(195)		217		(301)	354	$ 354	$ 606
Deferred income taxes					16	410
Net realized losses on available for sale securities	16		0		16	0
Accretion of discount on securities, net of amortization of premiums					73	152
Deferred compensation					83	82
Share-based compensation					66	37
Loss on sale of other real estate owned					6	0
Life insurance income	0		0		0	(217)
Changes in assets and liabilities:
Cash value of life insurance					(292)	(262)
Accrued interest receivable					(41)	(238)
Other assets					17	(1,134)
Accrued interest payable					172	(19)
Other liabilities					(49)	835
Net cash provided by operating activities					6,327	5,442
Cash flows from investing activities
Purchases					0	(43,205)
Sales	4,400		0		4,427	0
Maturities/calls/paydowns					3,689	6,339
(Purchases) redemption of restricted equity securities					(851)	21
Net increase in loans					(24,069)	(36,831)
Purchases of life insurance contracts					0	(3,500)
Proceeds from life insurance contracts					0	496
Proceeds from sale of other real estate owned					229	0
Purchases of property and equipment					(1,530)	(2,914)
Net cash used in investing activities					(18,105)	(79,594)
Cash flows from financing activities
Net (decrease) increase in deposits					(16,881)	55,500
FHLB advances					20,000	0
Prepayment of FHLB advances					0	(5,000)
Federal funds purchased, net					304	0
Advance on short-term line of credit					0	150
Common stock repurchased					(330)	(154)
Dividends paid					(1,180)	(843)
Net cash provided by financing activities					1,913	49,653
Net decrease in cash and cash equivalents					(9,865)	(24,499)
Cash and cash equivalents, beginning		$ 31,061		$ 115,646	31,061	115,646		115,646
Cash and cash equivalents, ending	21,196		91,147		21,196	91,147	$ 91,147	31,061
Supplemental disclosure of cash flow information
Interest paid					2,594	962
Taxes paid					1,335	178
Supplemental disclosure of noncash investing activities
Effect on equity of change in net unrealized gain (loss) on available for sale securities					901	(13,069)
Right-of-use assets obtained in exchange for new operating lease liabilities					1,373	327
Cumulative effect of adoption of credit losses standard, net of tax					(710)	0
Core Deposits [Member]
Adjustments to reconcile net income to net cash provided by operations:
Amortization of core deposit intangible	$ 105		$ 127		$ 210	$ 268		$ 153

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. Organization Skyline Bankshares, Inc. (formerly Parkway Acquisition Corp.) (the “Company”) is a bank holding company headquartered in Floyd, Virginia. The Company offers a wide range of retail and commercial banking services through its wholly-owned bank subsidiary, Skyline National Bank (the “Bank”). On January 1, 2023, 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-seven one The consolidated financial statements as of June 30, 2023 three six June 30, 2023 2022 December 31, 2022, 10 December 31, 2022. three six June 30, 2023 not Critical Accounting Policies Management believes the policies with respect to the methodology for the determination of the allowance for credit losses, and asset impairment judgments, such as the recoverability of intangible assets and credit losses on investment securities, involve a higher degree of complexity and require management to make difficult and subjective judgments 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 credit 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 credit 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. Accounting Standards Adopted in 2023 On January 1, 2023, 2016 13 Financial Instruments Credit Losses (Topic 326 326” no In addition, CECL made changes to the accounting for available for sale debt securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not not not, The Company adopted ASC 326 January 1, 2023 January 1, 2023 January 1, 2023 The Company adopted ASC 326 January 1, 2023. December 31, 2022, not 326, not The Company elected not 90 The allowance for credit losses is established as losses are estimated to have occurred through a provision for credit 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 credit 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 Allowance for Credit Losses Available for Sale Securities For available for sale securities, management evaluates all investments in an unrealized loss position on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. If the Company has the intent to sell the security or it is more likely than not If either of the above criteria is not may not Changes in the allowance for credit loss are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance for credit loss when management believes an available for sale security is confirmed to be uncollectible or when either of the criteria regarding intent or requirement to sell is met. At June 30, 2023, no Accrued interest receivable on available for sale debt securities, which is reported in accrued interest receivable on the consolidated balance sheets, totaled $642 thousand at June 30, 2023 Loans Receivable Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost. Amortized cost is the principal balance outstanding, net of purchase premiums and discounts and deferred fees and costs. Accrued interest receivable related to loans totaled $2.4 million at June 30, 2023 The accrual of interest is generally discontinued when a loan becomes 90 not not not 30 All accrued interest is reversed against interest income when a loan is placed on nonaccrual status. Interest received on such loans is accounted for using the cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not Purchased Credit Deteriorated ( PCD ) Loans Upon adoption of ASC 326, In future acquisitions, the Company may no Allowance for Credit Losses Loans The allowance for credit losses is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Expected recoveries do not The allowance for credit losses represents management’s estimate of lifetime credit losses inherent in loans as of the balance sheet date. The allowance for credit losses is estimated by management using relevant available information, from both internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. The Company measures expected credit losses for loans on a pooled basis when similar risk characteristics exist. The Company has identified the following portfolio segments and calculates the allowance for credit losses for each using a Lifetime of Probability of Default / Loss Given Default (“Lifetime PD/LGD”) methodology because of the historical loss information the Company has on its loan portfolio, which is less subjective in nature, than the other methodologies available. In addition, this methodology is less reliant on qualitative factors versus the other methodologies and the previously used incurred loss model. ● Construction and development loans include both commercial and consumer. Commercial loans are made to finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. While the risk of these loans is generally confined to the construction period, if there are problems, the project may not may not ● Farmland loans are loans secured by farmland and improvements thereon, as evidenced by mortgages or other liens. Farmland includes all land known to be used or usable for agricultural purposes, such as crop and livestock production. Farmland includes grazing or pasture land, whether tillable or not not. ● Residential loans are loans secured by first second 1 4 ● Commercial mortgage loans are secured by commercial purpose real estate, including both owner occupied properties and investment properties, for various purposes such as hotels, retail facilities, and office space. Operations of the individual projects as well as global cash flows of the debtors are the primary sources of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the collateral type as well as the business. ● Commercial & agricultural loans are made to operating companies, manufacturers, or farmers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. Cash flow from the operations of the borrower is the primary source of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the industry of the borrower. Collateral for these types of loans often do not ● Consumer and other loans may 1 4 may Additionally, the allowance for credit losses calculation includes subjective adjustments for qualitative risk factors that are likely to cause estimated credit losses to differ from historical experience. These qualitative adjustments may not Loans that do not Allowance for Credit Losses Unfunded Commitments Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit issued to meet customer financing needs. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for off-balance sheet loan commitments is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records an allowance for credit losses on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancelable, through a charge to provision for credit losses in the Company’s income statements. The allowance for credit losses on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit loss model using the same methodologies as portfolio loans, taking into consideration the likelihood that funding will occur as well as any third Small Business Administration Paycheck Protection Program The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) established the Small Business Administration Paycheck Protection Program (“SBA-PPP”), an expansion of the Small Business Administration’s (“SBA”) 7 December 27, 2020 2021 first second May 31, 2021. 3 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% SBA-PPP loan balances are included as a part of the commercial & agricultural loans line item in the loan disclosures found in Notes 3 4 June 30, 2023. December 31, 2022. The allowance for credit 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 June 30, 2023, 9 Other Real Estate Owned Other real estate owned represents properties acquired through, or in lieu of, loan foreclosure and former branch sites that have been closed and for which there are no Pension Plan Prior to the Cardinal merger, both the Bank and 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 June 1, 2023. June 1, 2023 no Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven 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. 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 8 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 Revenue Recognition Service Charges on Deposit Accounts - six June 30, 2023 2022 three June 30, 2023 2022 Mortgage Origination Fees six June 30, 2023 2022 three June 30, 2023 2022 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - six June 30, 2023 2022 three June 30, 2023 2022 ● Insurance and Investment - six June 30, 2023 2022 three June 30, 2023 2022 Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the six June 30, 2023 2022 three June 30, 2023 2022 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 six three June 30, 2023 2022, 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), net of tax, are as follows: Unrealized Losses (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (13,069 ) - (13,069 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance June 30, 2022 $ (14,546 ) $ (662 ) $ (15,208 ) Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 888 - 888 Amounts reclassified from accumulated other comprehensive income, net of tax 13 - 13 Balance June 30, 2023 $ (20,041 ) $ (1,964 ) $ (22,005 ) 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 11. 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 2022, December 15, 2023, not In December 2022, 848 December 31, 2022, December 31, 2024, not December 31, 2021, June 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	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023 December 31, 2022 no June 30, 2023. (dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2023 Available for sale: U.S. Treasury securities $ 2,515 $ - $ (108 ) $ 2,407 U.S. Government agencies 25,094 - (4,178 ) 20,916 Mortgage-backed securities 74,964 - (11,431 ) 63,533 Corporate securities 1,500 - (48 ) 1,452 State and municipal securities 49,381 21 (9,624 ) 39,778 $ 153,454 $ 21 $ (25,389 ) $ 128,086 December 31, 2022 Available for sale: U.S. Treasury securities $ 4,980 $ - $ (146 ) $ 4,834 U.S. Government agencies 25,025 - (4,179 ) 20,846 Mortgage-backed securities 78,755 - (11,485 ) 67,270 Corporate securities 1,500 - - 1,500 State and municipal securities 51,400 16 (10,715 ) 40,701 $ 161,660 $ 16 $ (26,525 ) $ 135,151 Restricted equity securities totaled $2.8 million at June 30, 2023 December 31, 2022. may The following tables details unrealized losses and related fair values in the Company’s available for sale investment securities portfolios for which an allowance for credit losses has not June 30, 2023 not December 31, 2022. June 30, 2023 December 31, 2022. Less Than 12 Months 12 Months or More Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses June 30, 2023 Available for sale: U.S. Treasury securities $ - $ - $ 2,407 $ (108 ) 2,407 $ (108 ) U.S. Government agencies 4,471 (239 ) 16,445 (3,939 ) 20,916 (4,178 ) Mortgage-backed securities 6 - 63,527 (11,431 ) 63,533 (11,431 ) Corporate securities 1,452 (48 ) - - 1,452 (48 ) State and municipal securities 2,382 (394 ) 36,415 (9,230 ) 38,797 (9,624 ) Total securities available for sale $ 8,311 $ (681 ) $ 118,794 $ (24,708 ) $ 127,105 $ (25,389 ) December 31, 2022 Available for sale: U.S. Treasury securities $ 4,834 $ (146 ) $ - $ - $ 4,834 $ (146 ) U.S. Government agencies 8,563 (1,227 ) 12,282 (2,952 ) 20,845 (4,179 ) Mortgage-backed securities 27,796 (2,756 ) 39,467 (8,729 ) 67,263 (11,485 ) State and municipal securities 15,234 (2,633 ) 24,492 (8,082 ) 39,726 (10,715 ) Total securities available for sale $ 56,427 $ (6,762 ) $ 76,241 $ (19,763 ) $ 132,668 $ (26,525 ) At June 30, 2023, not If either of the above criteria is not may not Changes in the allowance for credit loss are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance for credit loss when management believes an available for sale security is confirmed to be uncollectible or when either of the criteria regarding intent or requirement to sell is met. At June 30, 2023, no Proceeds from sales of investment securities available for sale were $4.4 million for the six three June 30, 2023. six three June 30, 2022. six three June 30, 2023. six June 30, 2022. six three June 30, 2023 2022 Six Months Ended June 30 Three Months Ended June 30 (dollars in thousands) 2023 2022 2023 2022 Realized gains $ 12 $ - $ 12 $ - Realized losses (28 ) - (28 ) - $ (16 ) $ - $ (16 ) $ - There were no may June 30, 2023, (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ - $ - Due after one year through five years 13,810 13,055 Due after five years through ten years 74,126 62,507 Due after ten years 65,518 52,524 $ 153,454 $ 128,086 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 $32.6 million and $33.7 million at June 30, 2023 December 31, 2022,

Note 3 - Loans Receivable

Note 3 - Loans Receivable	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023 December 31, 2022 (dollars in thousands) 2023 2022 Construction & development $ 53,121 $ 49,728 Farmland 23,725 23,688 Residential 379,967 358,526 Commercial mortgage 258,433 263,664 Commercial & agricultural 42,573 39,505 Consumer & other 21,319 19,761 Total loans 779,138 754,872 Allowance for credit losses (6,624 ) (6,248 ) Loans, net of allowance for credit losses $ 772,514 $ 748,624 Included in total loans above are deferred loan fees of $1.1 million and $1.1 million at June 30, 2023 December 31, 2022, June 30, 2023 December 31, 2022, The Company elected to exclude accrued interest receivable from the amortized cost basis of loans. Accrued interest receivable related to loans totaled $2.4 million at June 30, 2023 December 31, 2022 As of June 30, 2023 December 31, 2022, 1 4

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses and Impaired Loans	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. Allowance for Credit Losses - Loans The following tables summarizes the activity related to the allowance for credit losses for the three six June 30, 2023 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended June 30, 2023 Balance, March 31, 2023 $ 950 $ 154 $ 3,109 $ 2,019 $ 408 $ 179 $ 6,819 Charge-offs - - - - - (19 ) (19 ) Recoveries - 21 1 1 12 4 39 Provision 3 (35 ) (22 ) (154 ) (16 ) 9 (215 ) Balance, June 30, 2023 $ 953 $ 140 $ 3,088 $ 1,866 $ 404 $ 173 $ 6,624 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Six Months Ended June 30, 2023 Balance, December 31, 2022 $ 526 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,248 Adjustment to allowance for adoption of ASU 2016-13 408 (108 ) 279 (119 ) 84 48 592 Charge-offs - - - - - (53 ) (53 ) Recoveries 1 50 1 9 13 11 85 Provision 18 (61 ) (12 ) (221 ) (5 ) 33 (248 ) Balance, June 30, 2023 $ 953 $ 140 $ 3,088 $ 1,866 $ 404 $ 173 $ 6,624 Prior to the adoption of ASC 326 January 1, 2023, As noted in Note 1, zero December 31, 2022 June 30, 2022: (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total December 31, 2022 Allowance for loan losses: Beginning Balance $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (14 ) (114 ) (128 ) Recoveries 3 - 12 8 30 40 93 Provision 39 (56 ) 287 281 (25 ) 80 606 Ending Balance $ 526 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,248 Ending balance: individually evaluated for impairment $ 4 $ - $ - $ - $ - $ - $ 4 Ending balance: collectively evaluated for impairment $ 522 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,244 Loans outstanding: Ending Balance $ 49,728 $ 23,688 $ 358,526 $ 263,664 $ 39,434 $ 19,761 $ 754,801 Ending balance: individually evaluated for impairment $ 313 $ - $ - $ 382 $ - $ - $ 695 Ending balance: collectively evaluated for impairment $ 49,415 $ 23,688 $ 358,410 $ 263,194 $ 39,434 $ 19,761 $ 753,902 Ending balance: purchased credit impaired loans $ - $ - $ 116 $ 88 $ - $ - $ 204 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended June 30, 2022 Allowance for loan losses: Balance, March 31, 2022 $ 532 $ 287 $ 2,573 $ 1,959 $ 321 $ 125 $ 5,797 Charge-offs - - - - (6 ) (19 ) (25 ) Recoveries 1 - 11 - 9 24 45 Provision (63 ) - 128 128 10 14 217 Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 For the Six Months Ended June 30, 2022 Allowance for loan losses: Balance, December 31, 2021 $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (6 ) (44 ) (50 ) Recoveries 2 - 11 - 10 30 53 Provision (16 ) (28 ) 180 179 9 30 354 Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 June 30, 2022 Allowance for loan losses: Ending Balance $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 Ending balance: individually evaluated for impairment $ 5 $ 6 $ - $ - $ - $ - $ 11 Ending balance: collectively evaluated for impairment $ 465 $ 281 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,023 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 42,838 $ 23,993 $ 333,182 $ 250,319 $ 40,400 $ 24,667 $ 715,399 Ending balance: individually evaluated for impairment $ 808 $ 262 $ - $ 400 $ - $ - $ 1,470 Ending balance: collectively evaluated for impairment $ 42,030 $ 23,731 $ 333,057 $ 249,824 $ 40,354 $ 24,667 $ 713,663 Ending balance: purchased credit impaired loans $ - $ - $ 125 $ 95 $ 46 $ - $ 266 As of December 31, 2022 June 30, no Credit Quality Indicators 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 June 30, 2023 December 31, 2022, no Assets that do not one Loans are graded at origination and will be considered for potential downgrades as the borrower experiences financial difficulties. Loan officers meet periodically to discuss their past due credits and loan downgrades could occur at that time. Commercial loans of over $1.0 third The following table presents the Company’s recorded investment in loans by credit quality indicators as of June 30, 2023 December 31, 2022: Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total June 30, 2023 Real Estate Secured: Construction & development $ 53,078 $ - $ - $ 43 $ 53,121 Farmland 21,345 - 754 1,626 23,725 Residential 378,341 933 28 665 379,967 Commercial mortgage 254,421 2,097 151 1,764 258,433 Non-Real Estate Secured: Commercial & agricultural 42,330 - 28 215 42,573 Consumer & other 21,319 - - - 21,319 Total $ 770,834 $ 3,030 $ 961 $ 4,313 $ 779,138 December 31, 2022 Real Estate Secured: Construction & development $ 49,384 $ - $ - $ 344 $ 49,728 Farmland 21,156 814 468 1,250 23,688 Residential 356,327 947 499 753 358,526 Commercial mortgage 259,529 2,130 153 1,852 263,664 Non-Real Estate Secured: Commercial & agricultural 39,410 13 - 82 39,505 Consumer & other 19,761 - - - 19,761 Total $ 745,567 $ 3,904 $ 1,120 $ 4,281 $ 754,872 The following table presents the Company’s recorded investment in loans by credit quality indicators by year of origination as of June 30, 2023: Term Loans by Year of Origination Revolving Loans Converted (dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving To Term Total Construction & development Pass $ 4,935 $ 14,603 $ 14,898 $ 1,896 $ 2,804 $ 6,515 $ 7,332 $ 95 $ 53,078 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 29 14 - - - - 43 Total construction & development $ 4,935 $ 14,603 $ 14,927 $ 1,910 $ 2,804 $ 6,515 $ 7,332 $ 95 $ 53,121 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 1,946 $ 2,505 $ 1,829 $ 2,849 $ 1,408 $ 9,340 $ 1,468 $ - $ 21,345 Watch - - - - - - - - - Special Mention - - - - - 654 100 - 754 Substandard 21 - - - 9 1,578 18 - 1,626 Total farmland $ 1,967 $ 2,505 $ 1,829 $ 2,849 $ 1,417 $ 11,572 $ 1,586 $ - $ 23,725 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 26,159 $ 98,713 $ 59,044 $ 49,131 $ 18,905 $ 69,082 $ 56,829 $ 478 $ 378,341 Watch - - - 226 - 707 - - 933 Special Mention - - - - - 28 - - 28 Substandard - - - - - 665 - - 665 Total residential $ 26,159 $ 98,713 $ 59,044 $ 49,357 $ 18,905 $ 70,482 $ 56,829 $ 478 $ 379,967 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 14,035 $ 54,931 $ 51,453 $ 43,405 $ 23,789 $ 64,904 $ 1,834 $ 70 $ 254,421 Watch - - - 2,097 - - - - 2,097 Special Mention - - - - - 151 - - 151 Substandard - - 86 - - 1,300 378 - 1,764 Total residential $ 14,035 $ 54,931 $ 51,539 $ 45,502 $ 23,789 $ 66,355 $ 2,212 $ 70 $ 258,433 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 5,413 $ 7,923 $ 6,274 $ 2,190 $ 837 $ 2,136 $ 17,524 $ 33 $ 42,330 Watch - - - - - - - - - Special Mention - - - - 28 - - - 28 Substandard - 5 - 11 37 162 - - 215 Total commercial & agricultural $ 5,413 $ 7,928 $ 6,274 $ 2,201 $ 902 $ 2,298 $ 17,524 $ 33 $ 42,573 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer & other Pass $ 8,321 $ 3,816 $ 3,363 $ 365 $ 949 $ 3,591 $ 914 $ - $ 21,319 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - - - - - - - - Total consumer & other $ 8,321 $ 3,816 $ 3,363 $ 365 $ 949 $ 3,591 $ 914 $ - $ 21,319 Current period gross write-offs $ 5 $ 27 $ 6 $ 2 $ 3 $ 10 $ - $ - $ 53 Total loans Pass $ 60,809 $ 182,491 $ 136,861 $ 99,836 $ 48,692 $ 155,568 $ 85,901 $ 676 $ 770,834 Watch - - - 2,323 - 707 - - 3,030 Special Mention - - - - 28 833 100 - 961 Substandard 21 5 115 25 46 3,705 396 - 4,313 Total loans $ 60,830 $ 182,496 $ 136,976 $ 102,184 $ 48,766 $ 160,813 $ 86,397 $ 676 $ 779,138 Total Current period gross write-offs $ 5 $ 27 $ 6 $ 2 $ 3 $ 10 $ - $ - $ 53 Nonaccrual Loans The following table is a summary of the Company’s nonaccrual loans by major categories for the periods indicated: CECL Incurred Loss June 30, 2023 December 31, 2022 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Nonaccrual Loans Construction & development $ - $ 43 $ 43 $ 344 Farmland 348 93 441 94 Residential - 485 485 565 Commercial mortgage 358 176 534 622 Commercial & agricultural - 11 11 9 Consumer & other - - - - Total $ 706 $ 808 $ 1,514 $ 1,634 The following table represents the accrued interest receivables written off on nonaccrual loans by reversing interest income during the three six June 30, 2023: (dollars in thousands) For the Three Months Ended June 30, 2023 Construction & development $ - Farmland - Residential - Commercial mortgage - Commercial & agricultural - Consumer & other - Total Loans $ - (dollars in thousands) For the Six Months Ended June 30, 2023 Construction & development $ - Farmland - Residential 16 Commercial mortgage - Commercial & agricultural - Consumer & other - Total Loans $ 16 Aging Analysis The following table presents an aging analysis of past due loans by category as of June 30, 2023: (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due and Still Accruing Nonaccrual Loans Current Total Loans June 30, 2023 Real Estate Secured: Construction & development $ 73 $ - $ - $ 43 $ 53,005 $ 53,121 Farmland - - - 441 23,284 23,725 Residential 80 49 - 485 379,353 379,967 Commercial mortgage - - - 534 257,899 258,433 Non-Real Estate Secured: Commercial & agricultural 42 308 - 11 42,212 42,573 Consumer & other - - - - 21,319 21,319 Total $ 195 $ 357 $ - $ 1,514 $ 777,072 $ 779,138 The following table presents an aging analysis of past due loans by category as December 31, 2022: (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans 90+ Days Past Due and Still Accruing Nonaccrual Loans December 31, 2022 (1) Real Estate Secured: Construction & development $ - $ 30 $ 313 $ 343 $ 49,385 $ 49,728 $ - $ 344 Farmland 4 - - 4 23,684 23,688 - 94 Residential 94 315 240 649 357,877 358,526 - 565 Commercial mortgage 44 86 46 176 263,488 263,664 - 622 Non-Real Estate Secured: Commercial & agricultural - - 9 9 39,496 39,505 - 9 Consumer & other 5 - - 5 19,756 19,761 - - Total $ 147 $ 431 $ 608 $ 1,186 $ 753,686 $ 754,872 $ - $ 1,634 ( 1 December 31, 2022. Collateral Dependent Loans Loan relationships graded “Substandard” with a loan balance of more than $250,000 ● Construction and development loans include both commercial and consumer loans. Commercial loans are typically secured by first first ● Commercial real estate loans can be secured by either owner occupied commercial real estate or non-owner occupied investment commercial real estate. Typically, owner occupied commercial real estate loans are secured by office buildings, warehouses, manufacturing facilities and other commercial and industrial properties occupied by operating companies. Non-owner occupied commercial real estate loans are generally secured by office buildings and complexes, retail facilities, multifamily complexes, land under development, industrial properties, as well as other commercial or industrial real estate. ● Residential real estate loans are typically secured by first second ● Home equity lines of credit are generally secured by second ● Consumer loans are generally secured by automobiles, motorcycles, recreational vehicles and other personal property. Some consumer loans are unsecured and have no The following table details the amortized cost of collateral dependent loans as of June 30, 2023: (dollars in thousands) June 30, 2023 Construction & development $ - Farmland - Residential - Commercial mortgage 358 Commercial & agricultural - Consumer & other - Total Loans $ 358 Purchased Credit Deteriorated There were no purchased credit deteriorated loans acquired during the six June 30, 2023 December 31, 2022. During 2018, not no June 30, 2023 December 31, 2022 (dollars in thousands) 2023 2022 Residential $ 108 $ 116 Commercial mortgage 82 88 Outstanding balance $ 190 $ 204 Carrying amount $ 190 $ 204 Impaired Loans Prior to the adoption of ASU 2016 13, may not may third third may As of December 31, 2022, December 31, 2022 December 31, 2022, not December 31, 2022. The categories of non-accrual loans and impaired loans overlap, although they are not Management collectively evaluated performing TDRs with a loan balance of $250,000 December 31, 2022, The following table is a summary of information related to impaired loans as of December 31, 2022: Impaired Loans (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance December 31, 2022 With no related allowance recorded: Construction & development $ 203 $ 203 $ - Farmland - - - Residential - - - Commercial mortgage 381 395 - Commercial & agricultural - - - Consumer & other - - - Subtotal 584 598 - With an allowance recorded: Construction & development 119 119 4 Farmland 355 371 15 Residential 1,885 2,043 96 Commercial mortgage 66 66 3 Commercial & agricultural 24 24 1 Consumer & other - - - Subtotal 2,449 2,623 119 Totals: Construction & development 322 322 4 Farmland 355 371 15 Residential 1,885 2,043 96 Commercial mortgage 447 461 3 Commercial & agricultural 24 24 1 Consumer & other - - - Total $ 3,033 $ 3,221 $ 119 1 The following table shows the average recorded investment and interest income recognized for impaired loans for the three six June 30, 2022: For the Three Months Ended For the Six Months Ended June 30, 2022 June 30, 2022 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 830 $ 6 $ 837 $ 11 Farmland 372 6 382 12 Residential 2,264 32 2,276 63 Commercial mortgage 471 5 471 10 Commercial & agricultural 28 - 30 1 Consumer & other - - - - Total $ 3,965 $ 49 $ 3,996 $ 97 Modifications Made to Borrowers Experiencing Financial Difficulty The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon asset origination or acquisition. The starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. The Company uses a lifetime of probability of default/loss given default model to determine the allowance for credit losses. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. There are no Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses because of the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not In some cases, the Company will modify a certain loan by providing multiple types of concessions. Typically, one may two The following table shows the amortized cost basis as of June 30, 2023 Combination Term Extension & Interest Rate Reduction Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect Construction & development $ - - % Farmland - - % Residential 9 0.00 % Reduced interest rate from 8.75% to 5.75%. Added 3.86 years to the life of the loan, which resulted in reduced payment. Commercial mortgage - - % Commercial & agricultural - - % Consumer & other - - % Total $ 9 Upon the Company's determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. There were no loans that had a payment default during the period and were modified in the 12 The Company closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table depicts the performance of loans that have been modified in the last 12 June 30, 2023: Payment Status (Amortized Cost Basis) (dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Construction & development $ - $ - $ - Farmland - - - Residential 37 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Total $ 37 $ - $ - 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 June 30, 2022: For the Six Months Ended June 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 50 49 - - - Commercial mortgage 1 403 400 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 2 $ 453 $ 449 - $ - $ - ( 1 30 During the six June 30, 2022, two twelve six June 30, 2022. For the Three Months Ended June 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 - - - - - - Commercial mortgage 1 403 400 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 400 $ 400 - $ - $ - ( 1 30 During the three June 30, 2022, one twelve June 30, 2022. Unfunded Commitments The Company maintains a separate reserve for credit losses on off-balance-sheet credit exposures, including unfunded loan commitments, which is included in other liabilities on the consolidated balance sheets. The reserve for credit losses on off-balance-sheet credit exposures is adjusted as a provision for credit losses in the income statement. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life, utilizing the same models and approaches for the Company's other loan portfolio segments described above, as these unfunded commitments share similar risk characteristics as its loan portfolio segments. The Company has identified the unfunded portion of certain lines of credit as unconditionally cancellable credit exposures, meaning the Company can cancel the unfunded commitment at any time. No may The following table presents the balance and activity in the allowance for credit losses for unfunded loan commitments for the six June 30, 2023: (dollars in thousands) Total Allowance for Credit Losses Unfunded Commitments Balance, December 31, 2022 $ 46 Adjustment to allowance for unfunded commitments for adoption of ASU 2016-13 313 (Recovery of) provision for unfunded commitments (53 ) Balance, June 30, 2023 $ 306

Note 5 - Deposits

Note 5 - Deposits	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 5. The following table presents the composition of deposits at June 30, 2023 December 31, 2022: June 30, December 31, (dollars in thousands) 2023 2022 Interest-bearing deposits: Interest-bearing demand deposit accounts $ 134,231 $ 144,540 Money market 71,577 87,012 Savings 166,014 194,723 Time deposits 232,203 183,542 Total interest-bearing deposits 604,025 609,817 Noninterest-bearing deposits 299,413 310,510 Total deposits $ 903,438 $ 920,327 The aggregate amount of time deposits in denominations of more than $250 June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022,

Note 6 - Employee Benefit Plan

Note 6 - Employee Benefit Plan	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 6. The Bank has a qualified noncontributory defined benefit pension plan that covers substantially all of its employees. Effective December 31, 2012, six three June 30, 2023 2022. Six Months Ended June 30, Three Months Ended June 30, (dollars in thousands) 2023 2022 2023 2022 Interest cost $ 72 $ 72 $ 36 $ 36 Expected return on plan assets (240 ) (370 ) (120 ) (185 ) Recognized net actuarial loss 98 - 49 - Net periodic benefit cost $ (70 ) $ (298 ) $ (35 ) $ (149 ) 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, 2022 no 2023. not 2023.

Note 7 - Goodwill and Intangibl

Note 7 - Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7. Goodwill An analysis of goodwill during the six June 30, 2023 December 31, 2022 June 30, December 31, (dollars in thousands) 2023 2022 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 June 30, 2023 December 31, 2022 June 30, December 31, (dollars in thousands) 2023 2022 Balance at beginning of year, net of accumulated amortization $ 1,286 $ 1,764 Amortization expense (210 ) (478 ) Net book value $ 1,076 $ 1,286 Aggregate amortization expense was $210 thousand and $153 thousand for the six June 30, 2023 2022, three June 30, 2023 2022, The following table presents the estimated amortization expense of the core deposit intangible over the remaining useful life: (dollars in thousands) Six months ending December 31, 2023 $ 159 For the year ending December 31, 2024 262 For the year ending December 31, 2025 154 For the year ending December 31, 2026 97 For the year ending December 31, 2027 81 Thereafter 323 Total $ 1,076

Note 8 - Leases

Note 8 - Leases	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 8. 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 June 2023 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 June 30, December 31, (dollars in thousands) 2023 2022 Lease liabilities $ 1,946 $ 739 Right-of-use assets $ 2,041 $ 739 Weighted average remaining lease term (years) 8.36 5.59 Weighted average discount rate 3.88 % 2.75 % Six Months Ended June 30, (dollars in thousands) 2023 2022 Lease Expense Operating lease expense $ 81 $ 77 Short-term lease expense 5 4 Total lease expense $ 86 $ 81 Cash paid for amounts included in lease liabilities $ 81 $ 77 The following table presents a maturity schedule of undiscounted cash flows that contribute to the lease liabilities: (dollars in thousands) Six months ending December 31, 2023 $ 147 Twelve months ending December 31, 2024 289 Twelve months ending December 31, 2025 293 Twelve months ending December 31, 2026 293 Twelve months ending December 31, 2027 257 Thereafter 1,029 Total undiscounted cash flows $ 2,308 Less discount (362 ) Lease liabilities $ 1,946

Note 9 - Share-based Compensati

Note 9 - Share-based Compensation	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 9. The Equity Plan was adopted by the Board of Directors of the Company on 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 June 30, 2023, On February 18, 2022, December 15, 2022, December 15, 2023, December 15, 2024, December 15, 2025, December 15, 2026. six June 30, 2023 2022, three June 30, 2023 2022, As of June 30, 2023, 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 (6,525 ) 12.13 $ 80 Forfeited - - Unvested as of December 31, 2022 18,850 $ 12.38 Granted - - Vested (2,600 ) 12.40 $ 32 Forfeited - - Unvested as of June 30, 2023 16,250 $ 12.46

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 10. 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 June 30, 2023 December 31, 2022 June 30, December 31, (dollars in thousands) 2023 2022 Commitments to extend credit $ 175,711 $ 163,250 Standby letters of credit 1,724 833 $ 177,435 $ 164,083 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 Skyline Bankshares, Inc. and Subsidiary Notes to Consolidated Financial Statements (unaudited)

Note 11 - Financial Instruments

Note 11 - Financial Instruments	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	Note 11. The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments not June 30, 2023 December 31, 2022. no For loans, the carrying amount is net of unearned income and the allowance for credit losses. In accordance with ASU No. 2016 01, June 30, 2023 December 31, 2022, 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) June 30, 2023 Financial Instruments – Assets Net Loans $ 772,514 $ 739,793 $ - $ - $ 739,793 Financial Instruments – Liabilities Time Deposits 232,203 227,311 - 227,311 - FHLB Advances 20,000 19,999 - 19,999 - December 31, 2022 Financial Instruments – Assets Net Loans $ 748,624 $ 702,549 $ - $ - $ 702,549 Financial Instruments – Liabilities Time Deposits 183,542 181,525 - 181,525 - 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 Individually Evaluated Loans Individually evaluated loans for which it is probable that payment of interest and principal will not not 3 Fair value for individually evaluated loans is determined using several methods. Generally, the fair value of real estate is determined based on appraisals by qualified licensed appraisers. These appraisals may 3 Derivative Assets and Liabilities Derivative instruments held or issued by the Company for risk management purposes are traded in over-the-counter markets where quoted market prices are not third 2. 2 June 30, 2023 December 31, 2022. Other Real Estate Owned Other real estate owned is adjusted to fair value upon transfer of the loans, or former bank premises, to other real estate owned. Subsequently, other reals estate owned is carried at the lower of carrying value or fair value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. When the fair value of the collateral is based on an observable market price the Company records the other real estate owned as nonrecurring Level 2. no 3. December 31, 2022 June 30, 2023. Assets Recorded at Fair Value on a Recurring Basis (dollars in thousands) Total Level 1 Level 2 Level 3 June 30, 2023 Investment securities available for sale U.S. Treasury securities $ 2,407 $ - $ 2,407 $ - U.S. Government agencies 20,916 - 20,916 - Mortgage-backed securities 63,533 - 63,533 - Corporate securities 1,452 - 1,452 - State and municipal securities 39,778 - 39,778 - Total assets at fair value $ 128,086 $ - $ 128,086 $ - December 31, 2022 Investment securities available for sale U.S. Treasury securities $ 4,834 $ - $ 4,834 $ - U.S. Government agencies 20,846 - 20,846 - Mortgage-backed securities 67,270 - 67,270 - Corporate securities 1,500 - 1,500 - State and municipal securities 40,701 - 40,701 - Total assets at fair value $ 135,151 $ - $ 135,151 $ - No liabilities were recorded at fair value on a recurring basis as of June 30, 2023 December 31, 2022. no six June 30, 2023 December 31, 2022. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may No June 30, 2023 December 31, 2022. (dollars in thousands) Total Level 1 Level 2 Level 3 June 30, 2023 Individually evaluated loans $ 1,293 $ - $ - $ 1,293 Other real estate owned - - - - Total assets at fair value $ 1,293 $ - $ - $ 1,293 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2022 Imparied loans $ 173 $ - $ - $ 173 Other real estate owned 235 - - 235 Total assets at fair value $ 408 $ - $ - $ 408 For Level 3 June 30, 2023 December 31, 2022, Fair Value at June 30, 2023 Fair Value at December 31, 2022 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Individually Evaluated Loans $ 1,293 $ - Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Impaired Loans $ - $ 173 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Other Real Estate Owned $ - $ 235 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 10%

Note 12 - Short-term Debt

Note 12 - Short-term Debt	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Short-Term Debt [Text Block]	Note 12. At June 30, 2023, December 31, 2022. At June 30, 2023, June 30, 2023,

Note 13 - Long-term Debt

Note 13 - Long-term Debt	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Long-Term Debt [Text Block]	Note 13. At June 30, 2023 December 31, 2022,

Note 14 - Capital Requirements

Note 14 - Capital Requirements	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 14. 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 June 30, 2023 December 31, 2022, January 1, 2015. Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio June 30, 2023 Total Capital (to risk weighted assets) $ 101,397 12.62 % $ 64,269 8.00 % $ 80,336 10.00 % Tier 1 Capital (to risk weighted assets) $ 94,467 11.76 % $ 48,202 6.00 % $ 64,269 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 94,467 11.76 % $ 36,151 4.50 % $ 52,218 6.50 % Tier 1 Capital (to average total assets) $ 94,467 9.23 % $ 40,957 4.00 % $ 51,196 5.00 % December 31, 2022 Total Capital (to risk weighted assets) $ 97,172 12.42 % $ 62,592 8.00 % $ 78,240 10.00 % Tier 1 Capital (to risk weighted assets) $ 90,878 11.62 % $ 46,944 6.00 % $ 62,592 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 90,878 11.62 % $ 35,208 4.50 % $ 50,856 6.50 % Tier 1 Capital (to average total assets) $ 90,878 8.79 % $ 41,342 4.00 % $ 51,677 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 June 30, 2023, not may

Note 15 - Subsequent Events

Note 15 - Subsequent Events	6 Months Ended
	Jun. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	Note 15. 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 The Company has disclosed deposit compositions in Note 5. no no The Company has disclosed its investment portfolio position in Note 2. no Management has reviewed the events occurring through the date the consolidated financial statements were issued and no

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
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 credit losses, and asset impairment judgments, such as the recoverability of intangible assets and credit losses on investment securities, involve a higher degree of complexity and require management to make difficult and subjective judgments 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 credit 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 credit 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.
Adoption of New Accounting Standards [Policy Text Block]	Accounting Standards Adopted in 2023 On January 1, 2023, 2016 13 Financial Instruments Credit Losses (Topic 326 326” no In addition, CECL made changes to the accounting for available for sale debt securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not not not, The Company adopted ASC 326 January 1, 2023 January 1, 2023 January 1, 2023 The Company adopted ASC 326 January 1, 2023. December 31, 2022, not 326, not The Company elected not 90 The allowance for credit losses is established as losses are estimated to have occurred through a provision for credit 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 credit 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
Allowance for Credit Loss on Debt Securities [Policy Text Block]	Allowance for Credit Losses Available for Sale Securities For available for sale securities, management evaluates all investments in an unrealized loss position on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. If the Company has the intent to sell the security or it is more likely than not If either of the above criteria is not may not Changes in the allowance for credit loss are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the allowance for credit loss when management believes an available for sale security is confirmed to be uncollectible or when either of the criteria regarding intent or requirement to sell is met. At June 30, 2023, no Accrued interest receivable on available for sale debt securities, which is reported in accrued interest receivable on the consolidated balance sheets, totaled $642 thousand at June 30, 2023
Policy Loans Receivable, Policy [Policy Text Block]	Loans Receivable Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost. Amortized cost is the principal balance outstanding, net of purchase premiums and discounts and deferred fees and costs. Accrued interest receivable related to loans totaled $2.4 million at June 30, 2023 The accrual of interest is generally discontinued when a loan becomes 90 not not not 30 All accrued interest is reversed against interest income when a loan is placed on nonaccrual status. Interest received on such loans is accounted for using the cost-recovery method, until qualifying for return to accrual. Under the cost-recovery method, interest income is not Purchased Credit Deteriorated ( PCD ) Loans Upon adoption of ASC 326, In future acquisitions, the Company may no
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Credit Losses Loans The allowance for credit losses is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on the loans. Loans are charged off against the allowance when management believes the uncollectibility of a loan balance is confirmed. Expected recoveries do not The allowance for credit losses represents management’s estimate of lifetime credit losses inherent in loans as of the balance sheet date. The allowance for credit losses is estimated by management using relevant available information, from both internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. The Company measures expected credit losses for loans on a pooled basis when similar risk characteristics exist. The Company has identified the following portfolio segments and calculates the allowance for credit losses for each using a Lifetime of Probability of Default / Loss Given Default (“Lifetime PD/LGD”) methodology because of the historical loss information the Company has on its loan portfolio, which is less subjective in nature, than the other methodologies available. In addition, this methodology is less reliant on qualitative factors versus the other methodologies and the previously used incurred loss model. ● Construction and development loans include both commercial and consumer. Commercial loans are made to finance construction of buildings or other structures, as well as to finance the acquisition and development of raw land for various purposes. While the risk of these loans is generally confined to the construction period, if there are problems, the project may not may not ● Farmland loans are loans secured by farmland and improvements thereon, as evidenced by mortgages or other liens. Farmland includes all land known to be used or usable for agricultural purposes, such as crop and livestock production. Farmland includes grazing or pasture land, whether tillable or not not. ● Residential loans are loans secured by first second 1 4 ● Commercial mortgage loans are secured by commercial purpose real estate, including both owner occupied properties and investment properties, for various purposes such as hotels, retail facilities, and office space. Operations of the individual projects as well as global cash flows of the debtors are the primary sources of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the collateral type as well as the business. ● Commercial & agricultural loans are made to operating companies, manufacturers, or farmers for the purpose of production, operating capacity, accounts receivable, inventory or equipment financing. Cash flow from the operations of the borrower is the primary source of repayment for these loans. The condition of the local economy is an important indicator of risk, but there are also more specific risks depending on the industry of the borrower. Collateral for these types of loans often do not ● Consumer and other loans may 1 4 may Additionally, the allowance for credit losses calculation includes subjective adjustments for qualitative risk factors that are likely to cause estimated credit losses to differ from historical experience. These qualitative adjustments may not Loans that do not Allowance for Credit Losses Unfunded Commitments Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit issued to meet customer financing needs. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for off-balance sheet loan commitments is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records an allowance for credit losses on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancelable, through a charge to provision for credit losses in the Company’s income statements. The allowance for credit losses on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit loss model using the same methodologies as portfolio loans, taking into consideration the likelihood that funding will occur as well as any third
SBA CARES Act Paycheck Protection Program, Policy [Policy Text Block]	Small Business Administration Paycheck Protection Program The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) established the Small Business Administration Paycheck Protection Program (“SBA-PPP”), an expansion of the Small Business Administration’s (“SBA”) 7 December 27, 2020 2021 first second May 31, 2021. 3 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% SBA-PPP loan balances are included as a part of the commercial & agricultural loans line item in the loan disclosures found in Notes 3 4 June 30, 2023. December 31, 2022. The allowance for credit 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 June 30, 2023, 9
Financing Receivable, Held-for-Investment, Foreclosed Asset [Policy Text Block]	Other Real Estate Owned Other real estate owned represents properties acquired through, or in lieu of, loan foreclosure and former branch sites that have been closed and for which there are no
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	Pension Plan Prior to the Cardinal merger, both the Bank and 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 June 1, 2023. June 1, 2023 no Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven
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.
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 8
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
Revenue [Policy Text Block]	Revenue Recognition Service Charges on Deposit Accounts - six June 30, 2023 2022 three June 30, 2023 2022 Mortgage Origination Fees six June 30, 2023 2022 three June 30, 2023 2022 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - six June 30, 2023 2022 three June 30, 2023 2022 ● Insurance and Investment - six June 30, 2023 2022 three June 30, 2023 2022
Advertising Cost [Policy Text Block]	Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the six June 30, 2023 2022 three June 30, 2023 2022
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 six three June 30, 2023 2022, 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), net of tax, are as follows: Unrealized Losses (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (13,069 ) - (13,069 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance June 30, 2022 $ (14,546 ) $ (662 ) $ (15,208 ) Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 888 - 888 Amounts reclassified from accumulated other comprehensive income, net of tax 13 - 13 Balance June 30, 2023 $ (20,041 ) $ (1,964 ) $ (22,005 )
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 11.
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 2022, December 15, 2023, not In December 2022, 848 December 31, 2022, December 31, 2024, not December 31, 2021, June 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)	6 Months Ended
	Jun. 30, 2023
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 Losses (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2021 $ (1,477 ) $ (662 ) $ (2,139 ) Other comprehensive loss before reclassifications (13,069 ) - (13,069 ) Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance June 30, 2022 $ (14,546 ) $ (662 ) $ (15,208 ) Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 888 - 888 Amounts reclassified from accumulated other comprehensive income, net of tax 13 - 13 Balance June 30, 2023 $ (20,041 ) $ (1,964 ) $ (22,005 )

Note 2 - Investment Securities

Note 2 - Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]	(dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value June 30, 2023 Available for sale: U.S. Treasury securities $ 2,515 $ - $ (108 ) $ 2,407 U.S. Government agencies 25,094 - (4,178 ) 20,916 Mortgage-backed securities 74,964 - (11,431 ) 63,533 Corporate securities 1,500 - (48 ) 1,452 State and municipal securities 49,381 21 (9,624 ) 39,778 $ 153,454 $ 21 $ (25,389 ) $ 128,086 December 31, 2022 Available for sale: U.S. Treasury securities $ 4,980 $ - $ (146 ) $ 4,834 U.S. Government agencies 25,025 - (4,179 ) 20,846 Mortgage-backed securities 78,755 - (11,485 ) 67,270 Corporate securities 1,500 - - 1,500 State and municipal securities 51,400 16 (10,715 ) 40,701 $ 161,660 $ 16 $ (26,525 ) $ 135,151
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 June 30, 2023 Available for sale: U.S. Treasury securities $ - $ - $ 2,407 $ (108 ) 2,407 $ (108 ) U.S. Government agencies 4,471 (239 ) 16,445 (3,939 ) 20,916 (4,178 ) Mortgage-backed securities 6 - 63,527 (11,431 ) 63,533 (11,431 ) Corporate securities 1,452 (48 ) - - 1,452 (48 ) State and municipal securities 2,382 (394 ) 36,415 (9,230 ) 38,797 (9,624 ) Total securities available for sale $ 8,311 $ (681 ) $ 118,794 $ (24,708 ) $ 127,105 $ (25,389 ) December 31, 2022 Available for sale: U.S. Treasury securities $ 4,834 $ (146 ) $ - $ - $ 4,834 $ (146 ) U.S. Government agencies 8,563 (1,227 ) 12,282 (2,952 ) 20,845 (4,179 ) Mortgage-backed securities 27,796 (2,756 ) 39,467 (8,729 ) 67,263 (11,485 ) State and municipal securities 15,234 (2,633 ) 24,492 (8,082 ) 39,726 (10,715 ) Total securities available for sale $ 56,427 $ (6,762 ) $ 76,241 $ (19,763 ) $ 132,668 $ (26,525 )
Schedule of Realized Gain (Loss) [Table Text Block]	Six Months Ended June 30 Three Months Ended June 30 (dollars in thousands) 2023 2022 2023 2022 Realized gains $ 12 $ - $ 12 $ - Realized losses (28 ) - (28 ) - $ (16 ) $ - $ (16 ) $ -
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Cost Fair Value Due in one year or less $ - $ - Due after one year through five years 13,810 13,055 Due after five years through ten years 74,126 62,507 Due after ten years 65,518 52,524 $ 153,454 $ 128,086

Note 3 - Loans Receivable (Tabl

Note 3 - Loans Receivable (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) 2023 2022 Construction & development $ 53,121 $ 49,728 Farmland 23,725 23,688 Residential 379,967 358,526 Commercial mortgage 258,433 263,664 Commercial & agricultural 42,573 39,505 Consumer & other 21,319 19,761 Total loans 779,138 754,872 Allowance for credit losses (6,624 ) (6,248 ) Loans, net of allowance for credit losses $ 772,514 $ 748,624

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses and Impaired Loans (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023 Balance, March 31, 2023 $ 950 $ 154 $ 3,109 $ 2,019 $ 408 $ 179 $ 6,819 Charge-offs - - - - - (19 ) (19 ) Recoveries - 21 1 1 12 4 39 Provision 3 (35 ) (22 ) (154 ) (16 ) 9 (215 ) Balance, June 30, 2023 $ 953 $ 140 $ 3,088 $ 1,866 $ 404 $ 173 $ 6,624 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Six Months Ended June 30, 2023 Balance, December 31, 2022 $ 526 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,248 Adjustment to allowance for adoption of ASU 2016-13 408 (108 ) 279 (119 ) 84 48 592 Charge-offs - - - - - (53 ) (53 ) Recoveries 1 50 1 9 13 11 85 Provision 18 (61 ) (12 ) (221 ) (5 ) 33 (248 ) Balance, June 30, 2023 $ 953 $ 140 $ 3,088 $ 1,866 $ 404 $ 173 $ 6,624 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total December 31, 2022 Allowance for loan losses: Beginning Balance $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (14 ) (114 ) (128 ) Recoveries 3 - 12 8 30 40 93 Provision 39 (56 ) 287 281 (25 ) 80 606 Ending Balance $ 526 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,248 Ending balance: individually evaluated for impairment $ 4 $ - $ - $ - $ - $ - $ 4 Ending balance: collectively evaluated for impairment $ 522 $ 259 $ 2,820 $ 2,197 $ 312 $ 134 $ 6,244 Loans outstanding: Ending Balance $ 49,728 $ 23,688 $ 358,526 $ 263,664 $ 39,434 $ 19,761 $ 754,801 Ending balance: individually evaluated for impairment $ 313 $ - $ - $ 382 $ - $ - $ 695 Ending balance: collectively evaluated for impairment $ 49,415 $ 23,688 $ 358,410 $ 263,194 $ 39,434 $ 19,761 $ 753,902 Ending balance: purchased credit impaired loans $ - $ - $ 116 $ 88 $ - $ - $ 204 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total For the Three Months Ended June 30, 2022 Allowance for loan losses: Balance, March 31, 2022 $ 532 $ 287 $ 2,573 $ 1,959 $ 321 $ 125 $ 5,797 Charge-offs - - - - (6 ) (19 ) (25 ) Recoveries 1 - 11 - 9 24 45 Provision (63 ) - 128 128 10 14 217 Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 For the Six Months Ended June 30, 2022 Allowance for loan losses: Balance, December 31, 2021 $ 484 $ 315 $ 2,521 $ 1,908 $ 321 $ 128 $ 5,677 Charge-offs - - - - (6 ) (44 ) (50 ) Recoveries 2 - 11 - 10 30 53 Provision (16 ) (28 ) 180 179 9 30 354 Balance, June 30, 2022 $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 June 30, 2022 Allowance for loan losses: Ending Balance $ 470 $ 287 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,034 Ending balance: individually evaluated for impairment $ 5 $ 6 $ - $ - $ - $ - $ 11 Ending balance: collectively evaluated for impairment $ 465 $ 281 $ 2,712 $ 2,087 $ 334 $ 144 $ 6,023 Ending balance: purchased credit impaired loans $ - $ - $ - $ - $ - $ - $ - Loans outstanding: Ending Balance $ 42,838 $ 23,993 $ 333,182 $ 250,319 $ 40,400 $ 24,667 $ 715,399 Ending balance: individually evaluated for impairment $ 808 $ 262 $ - $ 400 $ - $ - $ 1,470 Ending balance: collectively evaluated for impairment $ 42,030 $ 23,731 $ 333,057 $ 249,824 $ 40,354 $ 24,667 $ 713,663 Ending balance: purchased credit impaired loans $ - $ - $ 125 $ 95 $ 46 $ - $ 266
Financing Receivable Credit Quality Indicators [Table Text Block]	Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total June 30, 2023 Real Estate Secured: Construction & development $ 53,078 $ - $ - $ 43 $ 53,121 Farmland 21,345 - 754 1,626 23,725 Residential 378,341 933 28 665 379,967 Commercial mortgage 254,421 2,097 151 1,764 258,433 Non-Real Estate Secured: Commercial & agricultural 42,330 - 28 215 42,573 Consumer & other 21,319 - - - 21,319 Total $ 770,834 $ 3,030 $ 961 $ 4,313 $ 779,138 December 31, 2022 Real Estate Secured: Construction & development $ 49,384 $ - $ - $ 344 $ 49,728 Farmland 21,156 814 468 1,250 23,688 Residential 356,327 947 499 753 358,526 Commercial mortgage 259,529 2,130 153 1,852 263,664 Non-Real Estate Secured: Commercial & agricultural 39,410 13 - 82 39,505 Consumer & other 19,761 - - - 19,761 Total $ 745,567 $ 3,904 $ 1,120 $ 4,281 $ 754,872 Term Loans by Year of Origination Revolving Loans Converted (dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving To Term Total Construction & development Pass $ 4,935 $ 14,603 $ 14,898 $ 1,896 $ 2,804 $ 6,515 $ 7,332 $ 95 $ 53,078 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 29 14 - - - - 43 Total construction & development $ 4,935 $ 14,603 $ 14,927 $ 1,910 $ 2,804 $ 6,515 $ 7,332 $ 95 $ 53,121 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 1,946 $ 2,505 $ 1,829 $ 2,849 $ 1,408 $ 9,340 $ 1,468 $ - $ 21,345 Watch - - - - - - - - - Special Mention - - - - - 654 100 - 754 Substandard 21 - - - 9 1,578 18 - 1,626 Total farmland $ 1,967 $ 2,505 $ 1,829 $ 2,849 $ 1,417 $ 11,572 $ 1,586 $ - $ 23,725 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 26,159 $ 98,713 $ 59,044 $ 49,131 $ 18,905 $ 69,082 $ 56,829 $ 478 $ 378,341 Watch - - - 226 - 707 - - 933 Special Mention - - - - - 28 - - 28 Substandard - - - - - 665 - - 665 Total residential $ 26,159 $ 98,713 $ 59,044 $ 49,357 $ 18,905 $ 70,482 $ 56,829 $ 478 $ 379,967 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 14,035 $ 54,931 $ 51,453 $ 43,405 $ 23,789 $ 64,904 $ 1,834 $ 70 $ 254,421 Watch - - - 2,097 - - - - 2,097 Special Mention - - - - - 151 - - 151 Substandard - - 86 - - 1,300 378 - 1,764 Total residential $ 14,035 $ 54,931 $ 51,539 $ 45,502 $ 23,789 $ 66,355 $ 2,212 $ 70 $ 258,433 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 5,413 $ 7,923 $ 6,274 $ 2,190 $ 837 $ 2,136 $ 17,524 $ 33 $ 42,330 Watch - - - - - - - - - Special Mention - - - - 28 - - - 28 Substandard - 5 - 11 37 162 - - 215 Total commercial & agricultural $ 5,413 $ 7,928 $ 6,274 $ 2,201 $ 902 $ 2,298 $ 17,524 $ 33 $ 42,573 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer & other Pass $ 8,321 $ 3,816 $ 3,363 $ 365 $ 949 $ 3,591 $ 914 $ - $ 21,319 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - - - - - - - - Total consumer & other $ 8,321 $ 3,816 $ 3,363 $ 365 $ 949 $ 3,591 $ 914 $ - $ 21,319 Current period gross write-offs $ 5 $ 27 $ 6 $ 2 $ 3 $ 10 $ - $ - $ 53 Total loans Pass $ 60,809 $ 182,491 $ 136,861 $ 99,836 $ 48,692 $ 155,568 $ 85,901 $ 676 $ 770,834 Watch - - - 2,323 - 707 - - 3,030 Special Mention - - - - 28 833 100 - 961 Substandard 21 5 115 25 46 3,705 396 - 4,313 Total loans $ 60,830 $ 182,496 $ 136,976 $ 102,184 $ 48,766 $ 160,813 $ 86,397 $ 676 $ 779,138 Total Current period gross write-offs $ 5 $ 27 $ 6 $ 2 $ 3 $ 10 $ - $ - $ 53
Financing Receivable, Nonaccrual [Table Text Block]	CECL Incurred Loss June 30, 2023 December 31, 2022 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Nonaccrual Loans Construction & development $ - $ 43 $ 43 $ 344 Farmland 348 93 441 94 Residential - 485 485 565 Commercial mortgage 358 176 534 622 Commercial & agricultural - 11 11 9 Consumer & other - - - - Total $ 706 $ 808 $ 1,514 $ 1,634 (dollars in thousands) For the Three Months Ended June 30, 2023 Construction & development $ - Farmland - Residential - Commercial mortgage - Commercial & agricultural - Consumer & other - Total Loans $ - (dollars in thousands) For the Six Months Ended June 30, 2023 Construction & development $ - Farmland - Residential 16 Commercial mortgage - Commercial & agricultural - Consumer & other - Total Loans $ 16
Financing Receivable, Past Due [Table Text Block]	(dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90+ Days Past Due and Still Accruing Nonaccrual Loans Current Total Loans June 30, 2023 Real Estate Secured: Construction & development $ 73 $ - $ - $ 43 $ 53,005 $ 53,121 Farmland - - - 441 23,284 23,725 Residential 80 49 - 485 379,353 379,967 Commercial mortgage - - - 534 257,899 258,433 Non-Real Estate Secured: Commercial & agricultural 42 308 - 11 42,212 42,573 Consumer & other - - - - 21,319 21,319 Total $ 195 $ 357 $ - $ 1,514 $ 777,072 $ 779,138 (dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans 90+ Days Past Due and Still Accruing Nonaccrual Loans December 31, 2022 (1) Real Estate Secured: Construction & development $ - $ 30 $ 313 $ 343 $ 49,385 $ 49,728 $ - $ 344 Farmland 4 - - 4 23,684 23,688 - 94 Residential 94 315 240 649 357,877 358,526 - 565 Commercial mortgage 44 86 46 176 263,488 263,664 - 622 Non-Real Estate Secured: Commercial & agricultural - - 9 9 39,496 39,505 - 9 Consumer & other 5 - - 5 19,756 19,761 - - Total $ 147 $ 431 $ 608 $ 1,186 $ 753,686 $ 754,872 $ - $ 1,634
Collateral Dependent Financing Receivables [Table Text Block]	(dollars in thousands) June 30, 2023 Construction & development $ - Farmland - Residential - Commercial mortgage 358 Commercial & agricultural - Consumer & other - Total Loans $ 358
Schedule of Business Acquisition, Carrying Amount of Acquired Loans [Table Text Block]	(dollars in thousands) 2023 2022 Residential $ 108 $ 116 Commercial mortgage 82 88 Outstanding balance $ 190 $ 204 Carrying amount $ 190 $ 204
Impaired Financing Receivables [Table Text Block]	Impaired Loans (dollars in thousands) Recorded Investment 1 Unpaid Principal Balance Related Allowance December 31, 2022 With no related allowance recorded: Construction & development $ 203 $ 203 $ - Farmland - - - Residential - - - Commercial mortgage 381 395 - Commercial & agricultural - - - Consumer & other - - - Subtotal 584 598 - With an allowance recorded: Construction & development 119 119 4 Farmland 355 371 15 Residential 1,885 2,043 96 Commercial mortgage 66 66 3 Commercial & agricultural 24 24 1 Consumer & other - - - Subtotal 2,449 2,623 119 Totals: Construction & development 322 322 4 Farmland 355 371 15 Residential 1,885 2,043 96 Commercial mortgage 447 461 3 Commercial & agricultural 24 24 1 Consumer & other - - - Total $ 3,033 $ 3,221 $ 119 For the Three Months Ended For the Six Months Ended June 30, 2022 June 30, 2022 (dollars in thousands) Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Construction & development $ 830 $ 6 $ 837 $ 11 Farmland 372 6 382 12 Residential 2,264 32 2,276 63 Commercial mortgage 471 5 471 10 Commercial & agricultural 28 - 30 1 Consumer & other - - - - Total $ 3,965 $ 49 $ 3,996 $ 97
Financing Receivable, Modified [Table Text Block]	Combination Term Extension & Interest Rate Reduction Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect Construction & development $ - - % Farmland - - % Residential 9 0.00 % Reduced interest rate from 8.75% to 5.75%. Added 3.86 years to the life of the loan, which resulted in reduced payment. Commercial mortgage - - % Commercial & agricultural - - % Consumer & other - - % Total $ 9 Payment Status (Amortized Cost Basis) (dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due Construction & development $ - $ - $ - Farmland - - - Residential 37 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Total $ 37 $ - $ - (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 50 49 - - - Commercial mortgage 1 403 400 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 2 $ 453 $ 449 - $ - $ - (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 1 403 400 - - - Commercial & agricultural - - - - - - Consumer & other - - - - - - Total 1 $ 400 $ 400 - $ - $ -
Unfunded Loan Commitment [Member]
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(dollars in thousands) Total Allowance for Credit Losses Unfunded Commitments Balance, December 31, 2022 $ 46 Adjustment to allowance for unfunded commitments for adoption of ASU 2016-13 313 (Recovery of) provision for unfunded commitments (53 ) Balance, June 30, 2023 $ 306

Note 5 - Deposits (Tables)

Note 5 - Deposits (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Deposit Liabilities, Type [Table Text Block]	June 30, December 31, (dollars in thousands) 2023 2022 Interest-bearing deposits: Interest-bearing demand deposit accounts $ 134,231 $ 144,540 Money market 71,577 87,012 Savings 166,014 194,723 Time deposits 232,203 183,542 Total interest-bearing deposits 604,025 609,817 Noninterest-bearing deposits 299,413 310,510 Total deposits $ 903,438 $ 920,327

Note 6 - Employee Benefit Plan

Note 6 - Employee Benefit Plan (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Six Months Ended June 30, Three Months Ended June 30, (dollars in thousands) 2023 2022 2023 2022 Interest cost $ 72 $ 72 $ 36 $ 36 Expected return on plan assets (240 ) (370 ) (120 ) (185 ) Recognized net actuarial loss 98 - 49 - Net periodic benefit cost $ (70 ) $ (298 ) $ (35 ) $ (149 )

Note 7 - Goodwill and Intangi_2

Note 7 - Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, December 31, (dollars in thousands) 2023 2022 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]	June 30, December 31, (dollars in thousands) 2023 2022 Balance at beginning of year, net of accumulated amortization $ 1,286 $ 1,764 Amortization expense (210 ) (478 ) Net book value $ 1,076 $ 1,286
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(dollars in thousands) Six months ending December 31, 2023 $ 159 For the year ending December 31, 2024 262 For the year ending December 31, 2025 154 For the year ending December 31, 2026 97 For the year ending December 31, 2027 81 Thereafter 323 Total $ 1,076

Note 8 - Leases (Tables)

Note 8 - Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Lease, Cost [Table Text Block]	June 30, December 31, (dollars in thousands) 2023 2022 Lease liabilities $ 1,946 $ 739 Right-of-use assets $ 2,041 $ 739 Weighted average remaining lease term (years) 8.36 5.59 Weighted average discount rate 3.88 % 2.75 % Six Months Ended June 30, (dollars in thousands) 2023 2022 Lease Expense Operating lease expense $ 81 $ 77 Short-term lease expense 5 4 Total lease expense $ 86 $ 81 Cash paid for amounts included in lease liabilities $ 81 $ 77
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	(dollars in thousands) Six months ending December 31, 2023 $ 147 Twelve months ending December 31, 2024 289 Twelve months ending December 31, 2025 293 Twelve months ending December 31, 2026 293 Twelve months ending December 31, 2027 257 Thereafter 1,029 Total undiscounted cash flows $ 2,308 Less discount (362 ) Lease liabilities $ 1,946

Note 9 - Share-based Compensa_2

Note 9 - Share-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2023
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 (6,525 ) 12.13 $ 80 Forfeited - - Unvested as of December 31, 2022 18,850 $ 12.38 Granted - - Vested (2,600 ) 12.40 $ 32 Forfeited - - Unvested as of June 30, 2023 16,250 $ 12.46

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2023
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	June 30, December 31, (dollars in thousands) 2023 2022 Commitments to extend credit $ 175,711 $ 163,250 Standby letters of credit 1,724 833 $ 177,435 $ 164,083

Note 11 - Financial Instrumen_2

Note 11 - Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2023
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) June 30, 2023 Financial Instruments – Assets Net Loans $ 772,514 $ 739,793 $ - $ - $ 739,793 Financial Instruments – Liabilities Time Deposits 232,203 227,311 - 227,311 - FHLB Advances 20,000 19,999 - 19,999 - December 31, 2022 Financial Instruments – Assets Net Loans $ 748,624 $ 702,549 $ - $ - $ 702,549 Financial Instruments – Liabilities Time Deposits 183,542 181,525 - 181,525 -
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 June 30, 2023 Investment securities available for sale U.S. Treasury securities $ 2,407 $ - $ 2,407 $ - U.S. Government agencies 20,916 - 20,916 - Mortgage-backed securities 63,533 - 63,533 - Corporate securities 1,452 - 1,452 - State and municipal securities 39,778 - 39,778 - Total assets at fair value $ 128,086 $ - $ 128,086 $ - December 31, 2022 Investment securities available for sale U.S. Treasury securities $ 4,834 $ - $ 4,834 $ - U.S. Government agencies 20,846 - 20,846 - Mortgage-backed securities 67,270 - 67,270 - Corporate securities 1,500 - 1,500 - State and municipal securities 40,701 - 40,701 - Total assets at fair value $ 135,151 $ - $ 135,151 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 June 30, 2023 Individually evaluated loans $ 1,293 $ - $ - $ 1,293 Other real estate owned - - - - Total assets at fair value $ 1,293 $ - $ - $ 1,293 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2022 Imparied loans $ 173 $ - $ - $ 173 Other real estate owned 235 - - 235 Total assets at fair value $ 408 $ - $ - $ 408
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at June 30, 2023 Fair Value at December 31, 2022 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Individually Evaluated Loans $ 1,293 $ - Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Impaired Loans $ - $ 173 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10% Other Real Estate Owned $ - $ 235 Appraised Value/Comparable Sales/Other Estimates from Independent Sources Discounts to reflect current market conditions and estimated costs to sell 0 – 10%

Note 14 - Capital Requirements

Note 14 - Capital Requirements (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023 Total Capital (to risk weighted assets) $ 101,397 12.62 % $ 64,269 8.00 % $ 80,336 10.00 % Tier 1 Capital (to risk weighted assets) $ 94,467 11.76 % $ 48,202 6.00 % $ 64,269 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 94,467 11.76 % $ 36,151 4.50 % $ 52,218 6.50 % Tier 1 Capital (to average total assets) $ 94,467 9.23 % $ 40,957 4.00 % $ 51,196 5.00 % December 31, 2022 Total Capital (to risk weighted assets) $ 97,172 12.42 % $ 62,592 8.00 % $ 78,240 10.00 % Tier 1 Capital (to risk weighted assets) $ 90,878 11.62 % $ 46,944 6.00 % $ 62,592 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 90,878 11.62 % $ 35,208 4.50 % $ 50,856 6.50 % Tier 1 Capital (to average total assets) $ 90,878 8.79 % $ 41,342 4.00 % $ 51,677 5.00 %

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual)				3 Months Ended		6 Months Ended
	Jan. 01, 2023 USD ($)	Jul. 01, 2018 USD ($) shares	Jul. 01, 2016	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Retained Earnings (Accumulated Deficit)				$ 65,820,000		$ 65,820,000			$ 62,229,000
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss								$ 642,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss				2,400,000		2,400,000		$ 2,400,000	2,300,000
Financing Receivable, before Allowance for Credit Loss				779,138,000		779,138,000			754,872,000
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)				4,400,000		4,400,000			4,100,000
Fees, Credit and Debit Cards				697,000	$ 695,000	1,400	$ 1,300
Insurance Services Revenue				13,000	12,000	30,000	31,000
Advertising Expense				187,000	182,000	322,000	327,000
Service Charge on Deposit Accounts [Member]
Revenue from Contract with Customer, Including Assessed Tax				545,000	481,000	1,000	917,000
Mortgage Banking [Member]
Revenue from Contract with Customer, Including Assessed Tax				$ 68,000	$ 119,000	$ 152,000	$ 285,000
Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life (Year)				20 years		20 years
SBA PPP Loans [Member]
Financing Receivable, before Allowance for Credit Loss				$ 61,000		$ 61,000			79,000
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)				$ 6,000		$ 6,000			$ 8,000
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ 592,000
Retained Earnings (Accumulated Deficit)	(710,000)
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | Unfunded Loan Commitment [Member]
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ 313,000
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] | 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		$ 15,500,000

Note 1 - Organization and Sum_4

Note 1 - Organization and Summary of Significant Accounting Policies - Property and Equipment Useful Lives (Details)	Jun. 30, 2023
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	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Balance	$ 72,936	$ 85,194
Balance	77,164	75,807
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	(20,942)	(1,477)
Other comprehensive loss before reclassifications	888	(13,069)
Amounts reclassified from accumulated other comprehensive income, net of tax	13	0
Balance	(20,041)	(14,546)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(1,964)	(662)
Other comprehensive loss before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income, net of tax	0	0
Balance	(1,964)	(662)
AOCI Attributable to Parent [Member]
Balance	(22,906)	(2,139)
Other comprehensive loss before reclassifications	888	(13,069)
Amounts reclassified from accumulated other comprehensive income, net of tax	13	0
Balance	$ (22,005)	$ (15,208)

Note 2 - Investment Securitie_2

Note 2 - Investment Securities (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Restricted Investments	$ 2,801		$ 2,801		$ 1,950
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	81		81
Percentage of Debt Securities with Unrealized Losses Depreciated	16.65%		16.65%
Proceeds from Sale of Debt Securities, Available-for-Sale	$ 4,400	$ 0	$ 4,427	$ 0
Proceeds from Calls of Debt Securities, Available-for-sale	0		0	$ 720
Deposit Liabilities, Collateral Issued, Financial Instruments	$ 32,600		$ 32,600		$ 33,700

Note 2 - Investment Securitie_3

Note 2 - Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized cost	$ 153,454	$ 161,660
Unrealized gains	21	16
Unrealized losses	(25,389)	(26,525)
Investment securities available for sale	128,086	135,151
US Treasury Securities [Member]
Amortized cost	2,515	4,980
Unrealized gains	0	0
Unrealized losses	(108)	(146)
Investment securities available for sale	2,407	4,834
US Government Agencies Debt Securities [Member]
Amortized cost	25,094	25,025
Unrealized gains	0	0
Unrealized losses	(4,178)	(4,179)
Investment securities available for sale	20,916	20,846
Collateralized Mortgage-Backed Securities [Member]
Amortized cost	74,964	78,755
Unrealized gains	0	0
Unrealized losses	(11,431)	(11,485)
Investment securities available for sale	63,533	67,270
Corporate Debt Securities [Member]
Amortized cost	1,500	1,500
Unrealized gains	0	0
Unrealized losses	(48)	0
Investment securities available for sale	1,452	1,500
US States and Political Subdivisions Debt Securities [Member]
Amortized cost	49,381	51,400
Unrealized gains	21	16
Unrealized losses	(9,624)	(10,715)
Investment securities available for sale	$ 39,778	$ 40,701

Note 2 - Investment Securitie_4

Note 2 - Investment Securities - Continuous Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Less than 12 months, fair value	$ 8,311	$ 56,427
Less than 12 months, unrealized losses	(681)	(6,762)
12 months or more, fair value	118,794	76,241
12 months or more, unrealized losses	(24,708)	(19,763)
Fair value	127,105	132,668
Unrealized losses	(25,389)	(26,525)
Fair value	127,105	132,668
US Treasury Securities [Member]
Less than 12 months, fair value	0	4,834
Less than 12 months, unrealized losses	0	(146)
12 months or more, fair value	2,407	0
12 months or more, unrealized losses	(108)	0
Fair value	2,407	4,834
Unrealized losses	(108)	(146)
Fair value	2,407	4,834
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	4,471	8,563
Less than 12 months, unrealized losses	(239)	(1,227)
12 months or more, fair value	16,445	12,282
12 months or more, unrealized losses	(3,939)	(2,952)
Fair value	20,916	20,845
Unrealized losses	(4,178)	(4,179)
Fair value	20,916	20,845
Collateralized Mortgage-Backed Securities [Member]
Less than 12 months, fair value	6	27,796
Less than 12 months, unrealized losses	0	(2,756)
12 months or more, fair value	63,527	39,467
12 months or more, unrealized losses	(11,431)	(8,729)
Fair value	63,533	67,263
Unrealized losses	(11,431)	(11,485)
Fair value	63,533	67,263
Corporate Debt Securities [Member]
Less than 12 months, fair value	1,452
Less than 12 months, unrealized losses	(48)
12 months or more, fair value	0
12 months or more, unrealized losses	0
Fair value	1,452
Unrealized losses	(48)
Fair value	1,452
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	2,382	15,234
Less than 12 months, unrealized losses	(394)	(2,633)
12 months or more, fair value	36,415	24,492
12 months or more, unrealized losses	(9,230)	(8,082)
Fair value	38,797	39,726
Unrealized losses	(9,624)	(10,715)
Fair value	$ 38,797	$ 39,726

Note 2 - Investment Securitie_5

Note 2 - Investment Securities - Realized Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Realized gains	$ 12	$ 0	$ 12	$ 0
Realized losses	(28)	0	(28)	0
Debt Securities, Available-for-Sale, Realized Gain (Loss)	$ (16)	$ 0	$ (16)	$ 0

Note 2 - Investment Securitie_6

Note 2 - Investment Securities - Maturities of Securities Available for Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Due in one year or less, amortized cost	$ 0
Due in one year or less, fair value	0
Due after one year through five years, amortized cost	13,810
Due after one year through five years, fair value	13,055
Due after five years through ten years, amortized cost	74,126
Due after five years through ten years, fair value	62,507
Due after ten years, amortized cost	65,518
Due after ten years, fair value	52,524
Amortized cost	153,454	$ 161,660
Fair value	$ 128,086	$ 135,151

Note 3 - Loans Receivable (Deta

Note 3 - Loans Receivable (Details Textual) - USD ($) $ in Millions	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Financing Receivable, Deferred Commitment Fee	$ 1.1		$ 1.1
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)	4.4		4.1
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	$ 2.4	$ 2.4	$ 2.3

Note 3 - Loans Receivable - Com

Note 3 - Loans Receivable - Components of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Jan. 12, 2022	Dec. 31, 2021
Loans receivable	$ 779,138		$ 754,872
Allowance for credit losses	(6,624)	$ (6,819)	(6,248)	$ (6,034)	$ (5,797)	$ (5,677)	$ (5,677)
Loans, net of allowance for credit losses	772,514		748,624
Construction and Development Loan [Member]
Loans receivable	53,121		49,728
Allowance for credit losses	(953)	(950)	(526)	(470)	(532)	(484)	(484)
Farmland Loan [Member]
Loans receivable	23,725		23,688	23,993
Allowance for credit losses	(140)	(154)	(259)	(287)	(287)	(315)	(315)
Residential Loan [Member]
Loans receivable	379,967		358,526	333,182
Allowance for credit losses	(3,088)	(3,109)	(2,820)	(2,712)	(2,573)	(2,521)	(2,521)
Commercial Mortgage Loan [Member]
Loans receivable	258,433		263,664	250,319
Allowance for credit losses	(1,866)	(2,019)	(2,197)	(2,087)	(1,959)	(1,908)	(1,908)
Commercial and Agricultural Loan [Member]
Loans receivable	42,573		39,434	40,400
Allowance for credit losses	(404)	(408)	(312)	(334)	(321)	(321)	(321)
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	42,573		39,505
Consumer and Other Loan [Member]
Loans receivable	21,319		19,761	24,667
Allowance for credit losses	$ (173)	$ (179)	$ (134)	$ (144)	$ (125)	$ (128)	$ (128)

Note 4 - Allowance for Loan L_3

Note 4 - Allowance for Loan Losses and Impaired Loans (Details Textual) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
		Mar. 31, 2023 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Mar. 31, 2022 USD ($)	Jan. 12, 2022 USD ($)	Dec. 31, 2021 USD ($)
Financing Receivable, Allowance for Credit Loss, Ending Balance		$ 6,819	$ 6,034	$ 6,624	$ 6,034	$ 6,248	$ 5,797	$ 5,677	$ 5,677
Financing Receivable, Purchased with Credit Deterioration, Amount at Purchase Price				0		0
Impaired Financing Receivable, Recorded Investment	[1]					3,033
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]					584
Financing Receivable, Modified, Accumulated						3,000
Financing Receivable, Troubled Debt Restructuring, Collectively Evaluated for impairment						2,300
Financing Receivable, Troubled Debt Restructuring, Related Allowance						115
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts		0	0		0
Financing Receivable, Modifications, Number of Contracts			1		2
Collateral Pledged [Member]
Impaired Financing Receivable, Recorded Investment						$ 695
SBA PPP Loans [Member] | SBA CARES Act Paycheck Protection Program [Member]
Financing Receivable, Allowance for Credit Loss, Ending Balance				$ 0
[1]Recorded investment is the loan balance, net of any charge-offs

Note 4 - Allowance for Loan L_4

Note 4 - Allowance for Loan Losses and Impaired Loans - Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended			12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2022
Balance	$ 6,819	$ 5,797	$ 6,248	$ 5,677	$ 5,677	$ 5,677
Charge-offs	(19)	(25)	(53)		(50)	(128)
Recoveries	39	45	85		53	93
Provision	(195)	217	(301)	354	354	606
Balance	6,624	6,034	6,624	6,034	6,034	6,248
Ending balance: individually evaluated for impairment		11		11	11	4
Ending balance: collectively evaluated for impairment		6,023		6,023	6,023	6,244
Ending Balance	779,138		779,138			754,872
Allowance for credit loss	6,624	6,034	6,624	6,034	6,034	6,248
Financial Asset Acquired with Credit Deterioration [Member]
Ending Balance	190		190			204
Excluding Unfunded Commitments [Member]
Provision	(215)		(248)
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			592
Balance						592
Allowance for credit loss						592
Construction and Development Loan [Member]
Balance	950	532	526	484	484	484
Charge-offs	0		0			0
Recoveries	0	1	1		2	3
Provision		(63)			(16)	39
Balance	953	470	953	470	470	526
Ending balance: individually evaluated for impairment		5		5	5	4
Ending balance: collectively evaluated for impairment		465		465	465	522
Ending Balance	53,121		53,121			49,728
Ending balance: individually evaluated for impairment		808		808	808	313
Ending balance: collectively evaluated for impairment		42,030		42,030	42,030	49,415
Allowance for credit loss	953	470	953	470	470	526
Construction and Development Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance						0
Allowance for credit loss		0		0	0
Construction and Development Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	3		18
Construction and Development Loan [Member] | Excluding SBA-PPP Loans [Member]
Ending Balance		42,838		42,838	42,838	49,728
Construction and Development Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			408
Balance						408
Allowance for credit loss						408
Farmland Loan [Member]
Balance	154	287	259	315	315	315
Charge-offs	0		0			0
Recoveries	21		50			0
Provision		0			(28)	(56)
Balance	140	287	140	287	287	259
Ending balance: individually evaluated for impairment		6		6	6	0
Ending balance: collectively evaluated for impairment		281		281	281	259
Ending Balance	23,725	23,993	23,725	23,993	23,993	23,688
Ending balance: individually evaluated for impairment		262		262	262	0
Ending balance: collectively evaluated for impairment		23,731		23,731	23,731	23,688
Allowance for credit loss	140	287	140	287	287	259
Farmland Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance						0
Allowance for credit loss		0		0	0
Farmland Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	(35)		(61)
Farmland Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			(108)
Balance						(108)
Allowance for credit loss						(108)
Residential Loan [Member]
Balance	3,109	2,573	2,820	2,521	2,521	2,521
Charge-offs	0		0
Recoveries	1	11	1			12
Provision		128			180	287
Balance	3,088	2,712	3,088	2,712	2,712	2,820
Ending balance: collectively evaluated for impairment		2,712		2,712	2,712	2,820
Ending Balance	379,967	333,182	379,967	333,182	333,182	358,526
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		333,057		333,057	333,057	358,410
Allowance for credit loss	3,088	2,712	3,088	2,712	2,712	2,820
Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance	108	125	108	125	125	116
Allowance for credit loss		0		0	0
Residential Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	(22)		(12)
Residential Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			279
Balance						279
Allowance for credit loss						279
Commercial Mortgage Loan [Member]
Balance	2,019	1,959	2,197	1,908	1,908	1,908
Charge-offs	0		0			0
Recoveries	1	0	9		0	8
Provision		128			179	281
Balance	1,866	2,087	1,866	2,087	2,087	2,197
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		2,087		2,087	2,087	2,197
Ending Balance	258,433	250,319	258,433	250,319	250,319	263,664
Ending balance: individually evaluated for impairment		400		400	400	382
Ending balance: collectively evaluated for impairment		249,824		249,824	249,824	263,194
Allowance for credit loss	1,866	2,087	1,866	2,087	2,087	2,197
Commercial Mortgage Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance	82	95	82	95	95	88
Allowance for credit loss		0		0	0
Commercial Mortgage Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	(154)		(221)
Commercial Mortgage Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			(119)
Balance						(119)
Allowance for credit loss						(119)
Commercial and Agricultural Loan [Member]
Balance	408	321	312	321	321	321
Charge-offs	0	(6)	0		(6)	(14)
Recoveries	12	9	13		10	30
Provision		10			9	(25)
Balance	404	334	404	334	334	312
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		334		334	334	312
Ending Balance	42,573	40,400	42,573	40,400	40,400	39,434
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		40,354		40,354	40,354	39,434
Allowance for credit loss	404	334	404	334	334	312
Commercial and Agricultural Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance		46		46	46	0
Allowance for credit loss		0		0	0
Commercial and Agricultural Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	(16)		(5)
Commercial and Agricultural Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			84
Balance						84
Allowance for credit loss						84
Consumer and Other Loan [Member]
Balance	179	125	134	128	128	128
Charge-offs	(19)	(19)	(53)		(44)	(114)
Recoveries	4	24	11		30	40
Provision		14			30	80
Balance	173	144	173	144	144	134
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		144		144	144	134
Ending Balance	21,319	24,667	21,319	24,667	24,667	19,761
Ending balance: individually evaluated for impairment						0
Ending balance: collectively evaluated for impairment		24,667		24,667	24,667	19,761
Allowance for credit loss	173	144	173	144	144	134
Consumer and Other Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance						0
Allowance for credit loss		0		0	0
Consumer and Other Loan [Member] | Excluding Unfunded Commitments [Member]
Provision	$ 9		33
Consumer and Other Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance			$ 48
Balance						48
Allowance for credit loss						48
Loans Excluding SBA PPP Loans [Member]
Ending Balance		715,399		715,399	715,399	754,801
Ending balance: individually evaluated for impairment		1,470		1,470	1,470	695
Ending balance: collectively evaluated for impairment		713,663		713,663	713,663	753,902
Loans Excluding SBA PPP Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Balance		0		0	0
Ending Balance		266		266	266	$ 204
Allowance for credit loss		$ 0		$ 0	$ 0

Note 4 - Allowance for Loan L_5

Note 4 - Allowance for Loan Losses and Impaired Loans - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Loans receivable	$ 779,138		$ 779,138		$ 754,872
Originated current year	60,830		60,830
Originated prior year	182,496		182,496
Originated two years prior	136,976		136,976
Originated three years prior	102,184		102,184
Originated four years prior	48,766		48,766
Originated years prior	160,813		160,813
Revolving	86,397		86,397
Revolving converted to term	676		676
Originated current year, write-offs			5
Originated prior year, write-offs			27
Originated two years prior, write-offs			6
Originated three years prior, write-offs			2
Originated four years prior, write-offs			3
Originated years prior, write-offs			10
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	19	$ 25	53	$ 50	128
Construction and Development Loan [Member]
Loans receivable	53,121		53,121		49,728
Originated current year	4,935		4,935
Originated prior year	14,603		14,603
Originated two years prior	14,927		14,927
Originated three years prior	1,910		1,910
Originated four years prior	2,804		2,804
Originated years prior	6,515		6,515
Revolving	7,332		7,332
Revolving converted to term	95		95
Originated current year, write-offs			0
Originated prior year, write-offs			0
Originated two years prior, write-offs			0
Originated three years prior, write-offs			0
Originated four years prior, write-offs			0
Originated years prior, write-offs			0
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	0		0		0
Farmland Loan [Member]
Loans receivable	23,725	23,993	23,725	23,993	23,688
Originated current year	1,967		1,967
Originated prior year	2,505		2,505
Originated two years prior	1,829		1,829
Originated three years prior	2,849		2,849
Originated four years prior	1,417		1,417
Originated years prior	11,572		11,572
Revolving	1,586		1,586
Revolving converted to term	0		0
Originated current year, write-offs			0
Originated prior year, write-offs			0
Originated two years prior, write-offs			0
Originated three years prior, write-offs			0
Originated four years prior, write-offs			0
Originated years prior, write-offs			0
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	0		0		0
Residential Loan [Member]
Loans receivable	379,967	333,182	379,967	333,182	358,526
Originated current year	26,159		26,159
Originated prior year	98,713		98,713
Originated two years prior	59,044		59,044
Originated three years prior	49,357		49,357
Originated four years prior	18,905		18,905
Originated years prior	70,482		70,482
Revolving	56,829		56,829
Revolving converted to term	478		478
Originated current year, write-offs			0
Originated prior year, write-offs			0
Originated two years prior, write-offs			0
Originated three years prior, write-offs			0
Originated four years prior, write-offs			0
Originated years prior, write-offs			0
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	0		0
Commercial Mortgage Loan [Member]
Loans receivable	258,433	250,319	258,433	250,319	263,664
Originated current year	14,035		14,035
Originated prior year	54,931		54,931
Originated two years prior	51,539		51,539
Originated three years prior	45,502		45,502
Originated four years prior	23,789		23,789
Originated years prior	66,355		66,355
Revolving	2,212		2,212
Revolving converted to term	70		70
Originated current year, write-offs			0
Originated prior year, write-offs			0
Originated two years prior, write-offs			0
Originated three years prior, write-offs			0
Originated four years prior, write-offs			0
Originated years prior, write-offs			0
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	0		0		0
Commercial and Agricultural Loan [Member]
Loans receivable	42,573	40,400	42,573	40,400	39,434
Originated current year	5,413		5,413
Originated prior year	7,928		7,928
Originated two years prior	6,274		6,274
Originated three years prior	2,201		2,201
Originated four years prior	902		902
Originated years prior	2,298		2,298
Revolving	17,524		17,524
Revolving converted to term	33		33
Originated current year, write-offs			0
Originated prior year, write-offs			0
Originated two years prior, write-offs			0
Originated three years prior, write-offs			0
Originated four years prior, write-offs			0
Originated years prior, write-offs			0
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	0	6	0	6	14
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	42,573		42,573		39,505
Consumer and Other Loan [Member]
Loans receivable	21,319	24,667	21,319	24,667	19,761
Originated current year	8,321		8,321
Originated prior year	3,816		3,816
Originated two years prior	3,363		3,363
Originated three years prior	365		365
Originated four years prior	949		949
Originated years prior	3,591		3,591
Revolving	914		914
Revolving converted to term	0		0
Originated current year, write-offs			5
Originated prior year, write-offs			27
Originated two years prior, write-offs			6
Originated three years prior, write-offs			2
Originated four years prior, write-offs			3
Originated years prior, write-offs			10
Revolving, write-offs			0
Revolving converted to term, write-offs			0
Current period gross write-offs	19	$ 19	53	$ 44	114
Pass [Member]
Loans receivable	770,834		770,834		745,567
Originated current year	60,809		60,809
Originated prior year	182,491		182,491
Originated two years prior	136,861		136,861
Originated three years prior	99,836		99,836
Originated four years prior	48,692		48,692
Originated years prior	155,568		155,568
Revolving	85,901		85,901
Revolving converted to term	676		676
Pass [Member] | Construction and Development Loan [Member]
Loans receivable	53,078		53,078		49,384
Originated current year	4,935		4,935
Originated prior year	14,603		14,603
Originated two years prior	14,898		14,898
Originated three years prior	1,896		1,896
Originated four years prior	2,804		2,804
Originated years prior	6,515		6,515
Revolving	7,332		7,332
Revolving converted to term	95		95
Pass [Member] | Farmland Loan [Member]
Loans receivable	21,345		21,345		21,156
Originated current year	1,946		1,946
Originated prior year	2,505		2,505
Originated two years prior	1,829		1,829
Originated three years prior	2,849		2,849
Originated four years prior	1,408		1,408
Originated years prior	9,340		9,340
Revolving	1,468		1,468
Revolving converted to term	0		0
Pass [Member] | Residential Loan [Member]
Loans receivable	378,341		378,341		356,327
Originated current year	26,159		26,159
Originated prior year	98,713		98,713
Originated two years prior	59,044		59,044
Originated three years prior	49,131		49,131
Originated four years prior	18,905		18,905
Originated years prior	69,082		69,082
Revolving	56,829		56,829
Revolving converted to term	478		478
Pass [Member] | Commercial Mortgage Loan [Member]
Loans receivable	254,421		254,421		259,529
Originated current year	14,035		14,035
Originated prior year	54,931		54,931
Originated two years prior	51,453		51,453
Originated three years prior	43,405		43,405
Originated four years prior	23,789		23,789
Originated years prior	64,904		64,904
Revolving	1,834		1,834
Revolving converted to term	70		70
Pass [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	42,330		42,330
Originated current year	5,413		5,413
Originated prior year	7,923		7,923
Originated two years prior	6,274		6,274
Originated three years prior	2,190		2,190
Originated four years prior	837		837
Originated years prior	2,136		2,136
Revolving	17,524		17,524
Revolving converted to term	33		33
Pass [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable					39,410
Pass [Member] | Consumer and Other Loan [Member]
Loans receivable	21,319		21,319		19,761
Originated current year	8,321		8,321
Originated prior year	3,816		3,816
Originated two years prior	3,363		3,363
Originated three years prior	365		365
Originated four years prior	949		949
Originated years prior	3,591		3,591
Revolving	914		914
Revolving converted to term	0		0
Watch [Member]
Loans receivable	3,030		3,030		3,904
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	2,323		2,323
Originated four years prior	0		0
Originated years prior	707		707
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Construction and Development Loan [Member]
Loans receivable	0		0		0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Farmland Loan [Member]
Loans receivable	0		0		814
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Residential Loan [Member]
Loans receivable	933		933		947
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	226		226
Originated four years prior	0		0
Originated years prior	707		707
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Commercial Mortgage Loan [Member]
Loans receivable	2,097		2,097		2,130
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	2,097		2,097
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0		0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable					13
Watch [Member] | Consumer and Other Loan [Member]
Loans receivable	0		0		0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member]
Loans receivable	961		961		1,120
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	28		28
Originated years prior	833		833
Revolving	100		100
Revolving converted to term	0		0
Special Mention [Member] | Construction and Development Loan [Member]
Loans receivable	0		0		0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Farmland Loan [Member]
Loans receivable	754		754		468
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	654		654
Revolving	100		100
Revolving converted to term	0		0
Special Mention [Member] | Residential Loan [Member]
Loans receivable	28		28		499
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	28		28
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Commercial Mortgage Loan [Member]
Loans receivable	151		151		153
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	151		151
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	28		28
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	28		28
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable					0
Special Mention [Member] | Consumer and Other Loan [Member]
Loans receivable	0		0		0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Substandard [Member]
Loans receivable	4,313		4,313		4,281
Originated current year	21		21
Originated prior year	5		5
Originated two years prior	115		115
Originated three years prior	25		25
Originated four years prior	46		46
Originated years prior	3,705		3,705
Revolving	396		396
Revolving converted to term	0		0
Substandard [Member] | Construction and Development Loan [Member]
Loans receivable	43		43		344
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	29		29
Originated three years prior	14		14
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Substandard [Member] | Farmland Loan [Member]
Loans receivable	1,626		1,626		1,250
Originated current year	21		21
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	9		9
Originated years prior	1,578		1,578
Revolving	18		18
Revolving converted to term	0		0
Substandard [Member] | Residential Loan [Member]
Loans receivable	665		665		753
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	665		665
Revolving	0		0
Revolving converted to term	0		0
Substandard [Member] | Commercial Mortgage Loan [Member]
Loans receivable	1,764		1,764		1,852
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	86		86
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	1,300		1,300
Revolving	378		378
Revolving converted to term	0		0
Substandard [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	215		215
Originated current year	0		0
Originated prior year	5		5
Originated two years prior	0		0
Originated three years prior	11		11
Originated four years prior	37		37
Originated years prior	162		162
Revolving	0		0
Revolving converted to term	0		0
Substandard [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable					82
Substandard [Member] | Consumer and Other Loan [Member]
Loans receivable	0		0		$ 0
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	$ 0		$ 0

Note 4 - Allowance for Loan L_6

Note 4 - Allowance for Loan Losses and Impaired Loans - Nonaccrual Loans (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Nonaccrual with no allowance	$ 706	$ 706
Nonaccrual	1,514	1,514	$ 1,634
Nonaccrual interest	0	16
Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	808	808
Construction and Development Loan [Member]
Nonaccrual with no allowance	0	0
Nonaccrual	43	43	344
Nonaccrual interest	0	0
Construction and Development Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	43	43
Farmland Loan [Member]
Nonaccrual with no allowance	348	348
Nonaccrual	441	441	94
Nonaccrual interest	0	0
Farmland Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	93	93
Residential Loan [Member]
Nonaccrual with no allowance	0	0
Nonaccrual	485	485	565
Nonaccrual interest	0	16
Residential Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	485	485
Commercial Mortgage Loan [Member]
Nonaccrual with no allowance	358	358
Nonaccrual	534	534	622
Nonaccrual interest	0	0
Commercial Mortgage Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	176	176
Commercial and Agricultural Loan [Member]
Nonaccrual with no allowance	0	0
Nonaccrual	11	11	9
Nonaccrual interest	0	0
Commercial and Agricultural Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	11	11
Consumer and Other Loan [Member]
Nonaccrual with no allowance	0	0
Nonaccrual	0	0	$ 0
Nonaccrual interest	0	0
Consumer and Other Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	$ 0	$ 0

Note 4 - Allowance for Loan L_7

Note 4 - Allowance for Loan Losses and Impaired Loans - Analysis of Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Loans receivable	$ 779,138	$ 754,872
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	1,514	1,634
Construction and Development Loan [Member]
Loans receivable	53,121	49,728
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	43	344
Farmland Loan [Member]
Loans receivable	23,725	23,688	$ 23,993
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	441	94
Residential Loan [Member]
Loans receivable	379,967	358,526	333,182
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	485	565
Commercial Mortgage Loan [Member]
Loans receivable	258,433	263,664	250,319
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	534	622
Commercial and Agricultural Loan [Member]
Loans receivable	42,573	39,434	40,400
Nonaccrual	11	9
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	42,573	39,505
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual		9
Consumer and Other Loan [Member]
Loans receivable	21,319	19,761	$ 24,667
Financing Receivable, 90 Days or More Past Due, Still Accruing		0
Nonaccrual	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	195	147
Financial Asset, 30 to 59 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	73	0
Financial Asset, 30 to 59 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	4
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	80	94
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	44
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	42
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		0
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	5
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	357	431
Financial Asset, 60 to 89 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	30
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	49	315
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	86
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	308
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		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	0	608
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	313
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	0	240
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	46
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		9
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	0
Financial Asset, Past Due [Member]
Loans receivable	1,514	1,186
Financial Asset, Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	43	343
Financial Asset, Past Due [Member] | Farmland Loan [Member]
Loans receivable	441	4
Financial Asset, Past Due [Member] | Residential Loan [Member]
Loans receivable	485	649
Financial Asset, Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	534	176
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	11
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		9
Financial Asset, Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	5
Financial Asset, Not Past Due [Member]
Loans receivable	777,072	753,686
Financial Asset, Not Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	53,005	49,385
Financial Asset, Not Past Due [Member] | Farmland Loan [Member]
Loans receivable	23,284	23,684
Financial Asset, Not Past Due [Member] | Residential Loan [Member]
Loans receivable	379,353	357,877
Financial Asset, Not Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	257,899	263,488
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	42,212
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		39,496
Financial Asset, Not Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 21,319	$ 19,756

Note 4 - Allowance for Loan L_8

Note 4 - Allowance for Loan Losses and Impaired Loans - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Loans receivable	$ 779,138	$ 754,872
Collateral Pledged [Member]
Loans receivable	358
Construction and Development Loan [Member]
Loans receivable	53,121	49,728
Construction and Development Loan [Member] | Collateral Pledged [Member]
Loans receivable	0
Farmland Loan [Member]
Loans receivable	23,725	23,688	$ 23,993
Farmland Loan [Member] | Collateral Pledged [Member]
Loans receivable	0
Residential Loan [Member]
Loans receivable	379,967	358,526	333,182
Residential Loan [Member] | Collateral Pledged [Member]
Loans receivable	0
Commercial Mortgage Loan [Member]
Loans receivable	258,433	263,664	250,319
Commercial Mortgage Loan [Member] | Collateral Pledged [Member]
Loans receivable	358
Commercial and Agricultural Loan [Member]
Loans receivable	42,573	39,434	40,400
Commercial and Agricultural Loan [Member] | Collateral Pledged [Member]
Loans receivable	0
Consumer and Other Loan [Member]
Loans receivable	21,319	$ 19,761	$ 24,667
Consumer and Other Loan [Member] | Collateral Pledged [Member]
Loans receivable	$ 0

Note 4 - Allowance for Loan L_9

Note 4 - Allowance for Loan Losses and Impaired Loans - Carrying Amount of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Loans receivable	$ 779,138	$ 754,872
Carrying amount	772,514	748,624
Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	190	204
Carrying amount	190	204
Residential Loan [Member]
Loans receivable	379,967	358,526	$ 333,182
Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	108	116	125
Commercial Mortgage Loan [Member]
Loans receivable	258,433	263,664	250,319
Commercial Mortgage Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	$ 82	$ 88	$ 95

Note 4 - Allowance for Loan _10

Note 4 - Allowance for Loan Losses and Impaired Loans - Impaired Loans (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
		Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2022
Recorded investment with no related allowance	[1]			$ 584
Unpaid principal balance with no related allowance				598
Recorded investment with related allowance	[1]			2,449
Unpaid principal balance with related allowance				2,623
Related allowance				119
Recorded investment	[1]			3,033
Unpaid principal balance				3,221
Average recorded investment		$ 3,965	$ 3,996
Interest income recognized		49	97
Construction and Development Loan [Member]
Recorded investment with no related allowance	[1]			203
Unpaid principal balance with no related allowance				203
Recorded investment with related allowance	[1]			119
Unpaid principal balance with related allowance				119
Related allowance				4
Recorded investment	[1]			322
Unpaid principal balance				322
Average recorded investment		830	837
Interest income recognized		6	11
Farmland Loan [Member]
Recorded investment with no related allowance	[1]			0
Unpaid principal balance with no related allowance				0
Recorded investment with related allowance	[1]			355
Unpaid principal balance with related allowance				371
Related allowance				15
Recorded investment	[1]			355
Unpaid principal balance				371
Average recorded investment		372	382
Interest income recognized		6	12
Residential Loan [Member]
Recorded investment with no related allowance	[1]			0
Unpaid principal balance with no related allowance				0
Recorded investment with related allowance	[1]			1,885
Unpaid principal balance with related allowance				2,043
Related allowance				96
Recorded investment	[1]			1,885
Unpaid principal balance				2,043
Average recorded investment		2,264	2,276
Interest income recognized		32	63
Commercial Mortgage Loan [Member]
Recorded investment with no related allowance	[1]			381
Unpaid principal balance with no related allowance				395
Recorded investment with related allowance	[1]			66
Unpaid principal balance with related allowance				66
Related allowance				3
Recorded investment	[1]			447
Unpaid principal balance				461
Average recorded investment		471	471
Interest income recognized		5	10
Commercial and Agricultural Loan [Member]
Recorded investment with no related allowance	[1]			0
Unpaid principal balance with no related allowance				0
Recorded investment with related allowance	[1]			24
Unpaid principal balance with related allowance				24
Related allowance				1
Recorded investment	[1]			24
Unpaid principal balance				24
Average recorded investment		28	30
Interest income recognized		0	1
Consumer and Other Loan [Member]
Recorded investment with no related allowance	[1]			0
Unpaid principal balance with no related allowance				0
Recorded investment with related allowance	[1]			0
Unpaid principal balance with related allowance				0
Related allowance				0
Recorded investment	[1]			0
Unpaid principal balance				$ 0
Average recorded investment		0	0
Interest income recognized		$ 0	$ 0
[1]Recorded investment is the loan balance, net of any charge-offs

Note 4 - Allowance for Loan _11

Note 4 - Allowance for Loan Losses and Impaired Loans - Modified Loans (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Modified loans	$ 400	$ 9	$ 449
Modified loans				$ 3,000
Number of contracts	1		2
Premodification	$ 400		$ 453
Financial Asset, Not Past Due [Member]
Modified loans		37
Thirty to Ninety Days Past Due [Member]
Modified loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Construction and Development Loan [Member]
Modified loans		$ 0
Modified percentage of loans		0%
Construction and Development Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 0
Construction and Development Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Construction and Development Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Farmland Loan [Member]
Modified loans		$ 0
Modified percentage of loans		0%
Farmland Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 0
Farmland Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Farmland Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Residential Loan [Member]
Modified loans	$ 0	$ 9	$ 49
Modified percentage of loans		0%
Number of contracts	0		1
Premodification	$ 0		$ 50
Residential Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 37
Residential Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Residential Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Commercial Mortgage Loan [Member]
Modified loans	$ 400	$ 0	$ 400
Modified percentage of loans		0%
Number of contracts	1		1
Premodification	$ 403		$ 403
Commercial Mortgage Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 0
Commercial Mortgage Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Commercial Mortgage Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Commercial and Agricultural Loan [Member]
Modified loans		$ 0
Modified percentage of loans		0%
Commercial and Agricultural Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 0
Commercial and Agricultural Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Commercial and Agricultural Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		0
Consumer and Other Loan [Member]
Modified loans		$ 0
Modified percentage of loans		0%
Consumer and Other Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans		$ 0
Consumer and Other Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans		0
Consumer and Other Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans		$ 0

Note 4 - Allowance for Loan _12

Note 4 - Allowance for Loan Losses and Impaired Loans - Allowance for Credit Loss on Unfunded Loan Commitments (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Balance	$ 6,248
Balance	6,624
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance	592
Unfunded Loan Commitment [Member]
Balance	46
(Recovery of) provision for unfunded commitments	(53)
Balance	306
Unfunded Loan Commitment [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance	$ 313

Note 5 - Deposits (Details Text

Note 5 - Deposits (Details Textual) - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Time Deposits, at or Above FDIC Insurance Limit	$ 70.6	$ 49.5
Deposit Liability, Uninsured	$ 266.1	$ 295

Note 5 - Deposits - Deposits (D

Note 5 - Deposits - Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Interest-bearing demand deposit accounts	$ 134,231	$ 144,540
Money market	71,577	87,012
Savings	166,014	194,723
Time deposits	232,203	183,542
Total interest-bearing deposits	604,025	609,817
Noninterest-bearing	299,413	310,510
Total deposits	$ 903,438	$ 920,327

Note 6 - Employee Benefit Pla_2

Note 6 - Employee Benefit Plan - Net Periodic Pension Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest cost	$ 36	$ 36	$ 72	$ 72
Expected return on plan assets	(120)	(185)	(240)	(370)
Recognized net actuarial loss	49	0	98	0
Net periodic benefit cost	$ (35)	$ (149)	$ (70)	$ (298)

Note 7 - Goodwill and Intangi_3

Note 7 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Amortization of Intangible Assets	$ 105	$ 134	$ 210	$ 268
Core Deposits [Member]
Amortization of Intangible Assets	$ 105	$ 127	$ 210	$ 268	$ 153

Note 7 - Goodwill and Intangi_4

Note 7 - Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Beginning of year	$ 3,257	$ 3,257
Impairment	0	0
End of the period	$ 3,257	$ 3,257

Note 7 - Goodwill and Intangi_5

Note 7 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2022
Net book value, balance	$ 1,286
Net book value, balance	1,076	$ 1,286
Core Deposits [Member]
Net book value, balance	1,286	1,764
Amortization expense	(210)	(478)
Net book value, balance	$ 1,076	$ 1,286

Note 7 - Goodwill and Intangi_6

Note 7 - Goodwill and Intangible Assets - Estimated Future Amortization (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Six months ending December 31, 2023	$ 159
For the year ending December 31, 2024	262
For the year ending December 31, 2025	154
For the year ending December 31, 2026	97
For the year ending December 31, 2027	81
Thereafter	323
Total	$ 1,076	$ 1,286

Note 8 - Leases (Details Textua

Note 8 - Leases (Details Textual) $ in Thousands	1 Months Ended
	Jun. 30, 2023 USD ($)
Operating Lease, Initial Direct Cost	$ 95

Note 8 - Leases - Lease Expense

Note 8 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Weighted average remaining lease term (years) (Year)	8 years 4 months 9 days		5 years 7 months 2 days
Weighted average discount rate	3.88%		2.75%
Operating lease expense	$ 81	$ 77
Short-term lease expense	5	4
Total lease expense	86	81
Cash paid for amounts included in lease liabilities	81	$ 77
Other Liabilities [Member]
Lease liabilities	1,946		$ 739
Other Assets [Member]
Right-of-use assets	$ 2,041		$ 739

Note 8 - Leases - Maturity Sche

Note 8 - Leases - Maturity Schedule of Undiscounted Cash flow (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Six months ending December 31, 2023	$ 147
Twelve months ending December 31, 2024	289
Twelve months ending December 31, 2025	293
Twelve months ending December 31, 2026	293
Twelve months ending December 31, 2027	257
Thereafter	1,029
Total undiscounted cash flows	2,308
Less discount	(362)
Other Liabilities [Member]
Lease liabilities	$ 1,946	$ 739

Note 9 - Share-based Compensa_3

Note 9 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
	Feb. 18, 2022	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)				46,400
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		253,600		253,600
Share-Based Payment Arrangement, Expense				$ 66	$ 37
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	14,500			0		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)				$ 0		$ 13
Share-Based Payment Arrangement, Expense		$ 46		$ 22
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount		$ 165		$ 165
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				2 years 9 months 25 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 9 - Share-based Compensa_4

Note 9 - Share-based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($) $ / shares in Units, $ in Thousands		6 Months Ended	12 Months Ended
	Feb. 18, 2022	Jun. 30, 2023	Dec. 31, 2022
Balance (in shares)		18,850	10,875
Balance, weighted average grant date fair value (in dollars per share)		$ 12.38	$ 11.30
Granted (in shares)	14,500	0	14,500
Granted, weighted average grant date fair value (in dollars per share)		$ 0	$ 13
Vested (in shares)		(2,600)	(6,525)
Vested, weighted average grant date fair value (in dollars per share)		$ 12.40	$ 12.13
Vested, fair value		$ 32	$ 80
Forfeited (in shares)		0	0
Balance (in shares)		16,250	18,850
Balance, weighted average grant date fair value (in dollars per share)		$ 12.46	$ 12.38

Note 10 - Commitments and Con_3

Note 10 - Commitments and Contingencies - Summary of Bank's Commitments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financial instruments with off balance sheet risk	$ 177,435	$ 164,083
Commitments to Extend Credit [Member]
Financial instruments with off balance sheet risk	175,711	163,250
Standby Letters of Credit [Member]
Financial instruments with off balance sheet risk	$ 1,724	$ 833

Note 11 - Financial Instrumen_3

Note 11 - Financial Instruments (Details Textual) Pure in Thousands, $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Number of Derivative Instruments Held	0	0
Repossessed Assets	$ 0	$ 235
Fair Value, Recurring [Member]
Liabilities, Fair Value Disclosure	$ 0	$ 0

Note 11 - Financial Instrumen_4

Note 11 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Reported Value Measurement [Member]
Net Loans	$ 772,514	$ 748,624
Time Deposits	232,203	183,542
FHLB Advances	20,000
Time Deposits	232,203	183,542
Estimate of Fair Value Measurement [Member]
Net Loans	739,793	702,549
Time Deposits	227,311	181,525
FHLB Advances	19,999
Time Deposits	227,311	181,525
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Net Loans	0	0
Time Deposits	227,311	181,525
FHLB Advances	19,999
Time Deposits	227,311	181,525
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Net Loans	739,793	$ 702,549
FHLB Advances	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
FHLB Advances	$ 0

Note 11 - Financial Instrumen_5

Note 11 - Financial Instruments - Assets Recorded at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Investment securities available for sale	$ 128,086	$ 135,151
Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	128,086	135,151
US Treasury Securities [Member]
Investment securities available for sale	2,407	4,834
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	2,407	4,834
US Government Agencies Debt Securities [Member]
Investment securities available for sale	20,916	20,846
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	20,916	20,846
Collateralized Mortgage-Backed Securities [Member]
Investment securities available for sale	63,533	67,270
Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	63,533	67,270
Corporate Debt Securities [Member]
Investment securities available for sale	1,452	1,500
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	1,452	1,500
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale	39,778	40,701
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	$ 39,778	$ 40,701

Note 11 - Financial Instrumen_6

Note 11 - Financial Instruments - Assets Recorded at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Impaired Loans [Member]
Assets at fair value	$ 0	$ 173
Other Real Estate Owned [Member]
Assets at fair value	0	235
Fair Value, Nonrecurring [Member]
Assets at fair value	1,293	408
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	1,293	408
Fair Value, Nonrecurring [Member] | Impaired Loans [Member]
Assets at fair value	1,293	173
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	1,293	173
Fair Value, Nonrecurring [Member] | Other Real Estate Owned [Member]
Assets at fair value	0	235
Fair Value, Nonrecurring [Member] | Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Fair Value, Nonrecurring [Member] | Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	$ 0	$ 235

Note 11 - Financial Instrumen_7

Note 11 - Financial Instruments - Significant Unobservable Inputs Used Fair Value Measurements (Details) Pure in Thousands, $ in Thousands	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Maximum [Member]
Impaired Loans	0
Minimum [Member]
Impaired Loans	0
Other Real Estate Owned	0
Individually Evaluated Loans [Member]
Assets at fair value	$ 1,293	$ 0
Impaired Loans [Member]
Assets at fair value	0	173
Other Real Estate Owned [Member]
Assets at fair value	$ 0	$ 235

Note 12 - Short-term Debt (Deta

Note 12 - Short-term Debt (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Federal Home Loan Bank, Advance	$ 20,000
Federal Home Loan Bank, Advances, Interest Rate	5.20%
Short-Term Debt		$ 0
Line of Credit Facility, Current Borrowing Capacity	$ 234,700
Unsecured Lines of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	73,000
Federal Funds Purchased	$ 304

Note 13 - Long-term Debt (Detai

Note 13 - Long-term Debt (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Long-Term Debt	$ 0	$ 0

Note 14 - Capital Requirement_2

Note 14 - Capital Requirements - Capital Amounts and Ratios (Details)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Capital	$ 101,397	$ 97,172
Capital, ratio	0.1262	0.1242
Capital required for capital adequacy	$ 64,269	$ 62,592
Capital required for capital adequacy, ratio	0.0800	0.0800
Capital required to be well capitalized	$ 80,336	$ 78,240
Capital required to be well capitalized, ratio	0.1000	0.1000
Tier 1 capital risk	$ 94,467	$ 90,878
Tier 1 capital risk, raio	0.1176	0.1162
Tier 1 Capital risk required for capital adequacy	$ 48,202	$ 46,944
Tier 1 Capital risk required for capital adequacy, ratio	0.0600	0.0600
Tier 1 Capital risk required to be well capitalized	$ 64,269	$ 62,592
Tier 1 Capital risk required to be well capitalized, ratio	0.0800	0.0800
Common equity Tier 1	$ 94,467	$ 90,878
Common equity Tier 1, raio	0.1176	0.1162
Common equity Tier 1 required for capital adequacy	$ 36,151	$ 35,208
Common equity Tier 1 required for capital adequacy, raio	0.0450	0.0450
Common equity Tier 1 required to be well capitalized	$ 52,218	$ 50,856
Common equity Tier 1 required to be well capitalized, ratio	0.0650	0.0650
Tier 1 capital average	$ 94,467	$ 90,878
Tier 1 capital average, ratio	0.0923	0.0879
Tier 1 capital average required for capital adequacy	$ 40,957	$ 41,342
Tier 1 capital average required for capital adequacy, ratio	0.0400	0.0400
Tier 1 capital average required to be well capitalized	$ 51,196	$ 51,677
Tier 1 capital average required to be well capitalized, ratio	0.0500	0.0500