Skyline Bankshares (SLBK) 10-Q 15 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	May 14, 2024
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	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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		5,629,204

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 13,115	$ 16,811
Interest-bearing deposits with banks	8,233	4,808
Federal funds sold	384	474
Total cash and cash equivalents	21,732	22,093
Investment securities available for sale	122,368	127,389
Restricted equity securities	3,609	3,338
Carrying amount	819,919	810,965
Cash value of life insurance	23,055	22,909
Properties and equipment, net	31,394	31,183
Accrued interest receivable	3,450	3,463
Core deposit intangible	837	917
Goodwill	3,257	3,257
Deferred tax assets, net	5,252	5,046
Other assets	15,207	15,283
Assets	1,050,080	1,045,843
Liabilities
Noninterest-bearing	293,912	305,115
Interest-bearing	636,529	623,627
Total deposits	930,441	928,742
Borrowings	30,000	27,500
Accrued interest payable	683	531
Other liabilities	6,081	6,188
Liabilities	967,205	962,961
Commitments and contingencies (Note 11)
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, 5,629,204 and 5,584,204 issued and outstanding at March 31, 2024 and December 31, 2023, respectively	0	0
Surplus	33,145	33,356
Retained earnings	69,638	68,866
Accumulated other comprehensive loss	(19,908)	(19,340)
Equity, Attributable to Parent	82,875	82,882
Liabilities and Equity	$ 1,050,080	$ 1,045,843

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ / shares in Thousands, $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Allowance for credit loss	$ 6,765	$ 6,739
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)	5,629,204	5,584,204
Common stock, outstanding (in shares)	5,629,204	5,584,204

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Loans and fees on loans	$ 11,147	$ 9,164
Interest-bearing deposits in banks	64	88
Federal funds sold	4	10
Interest on taxable securities	685	747
Interest on nontaxable securities	49	49
Dividends	37	10
Interest and Dividend Income, Operating	11,986	10,068
Interest expense
Deposits	2,682	894
Interest on borrowings	437	169
Interest Expense, Operating and Nonoperating	3,119	1,063
Net interest income	8,867	9,005
Provision for credit losses - unfunded commitments	93	(106)
Net interest income after provision for (recovery of) credit losses	8,774	9,111
Noninterest income
Net realized losses on securities	(141)	0
Increase in cash value of life insurance	146	139
Life insurance income	218	0
Other income	21	21
Noninterest Income	1,699	1,564
Noninterest expenses
Salaries and employee benefits	4,321	4,086
Occupancy and equipment	1,411	1,186
Data processing expense	649	491
FDIC Assessments	144	111
Advertising	217	135
Bank franchise tax	99	105
Director fees	58	61
Professional fees	221	221
Telephone expense	107	139
Core deposit intangible amortization	80	105
Other expense	669	695
Noninterest Expense	7,976	7,335
Net income before income taxes	2,497	3,340
Income tax expense	446	612
Net income	$ 2,051	$ 2,728
Net income per share (in dollars per share)	$ 0.37	$ 0.49
Weighted average shares outstanding (in shares)	5,564,568	5,597,233
Dividends declared per share (in dollars per share)	$ 0.23	$ 0.21
Deposit Account [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 551	$ 497
Financial Service, Other [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	849	823
Mortgage Banking [Member]
Noninterest income
Revenue from Contract with Customer, Including Assessed Tax	$ 55	$ 84

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net income	$ 2,051	$ 2,728
Unrealized losses on investment securities available for sale:
Unrealized (losses) gains arising during the period	(859)	3,326
Tax related to unrealized losses (gains)	180	(698)
Reclassification of net realized losses during the period	141	0
Tax related to net realized losses	(30)	0
Total other comprehensive (loss) income	(568)	2,628
Total comprehensive income	$ 1,483	$ 5,356

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - 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) (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	0
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						0	0	2,728	0	2,728
Other comprehensive income						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, 2023						5,584,204
Balance at Dec. 31, 2023						$ 0	33,356	68,866	(19,340)	82,882
Net income						0	0	2,051	0	2,051
Other comprehensive income						0	0	0	(568)	(568)
Dividends paid						0	0	(1,279)	0	(1,279)
Share-based compensation						$ 0	19	0	0	19
Common stock repurchased (in shares)						(20,000)
Common stock repurchased						$ 0	(230)	0	0	(230)
Stock awards issued (in shares)						65,000
Stock awards issued						$ 0	0		0	0
Balance (in shares) at Mar. 31, 2024						5,629,204
Balance at Mar. 31, 2024						$ 0	$ 33,145	$ 69,638	$ (19,908)	$ 82,875

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Dividends paid per share (in dollars per share)	$ 0.23	$ 0.21

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 2,051	$ 2,728
Adjustments to reconcile net income to net cash provided by operations:
Depreciation	511	466
Amortization of core deposit intangible	80	105
Accretion of loan discount and deposit premium, net	(40)	(32)
Provision for credit losses - unfunded commitments	93	(106)
Deferred income taxes	(56)	(80)
Net realized losses on securities	141	0
Accretion of discount on securities, net of amortization of premiums	27	33
Deferred compensation	44	38
Share-based compensation	19	20
Loss on sale of other real estate owned	0	6
Changes in assets and liabilities:
Cash value of life insurance	(146)	(139)
Accrued interest receivable	13	91
Other assets	15	583
Accrued interest payable	152	166
Other liabilities	(136)	7,430
Net cash provided by operating activities	2,768	11,309
Cash flows from investing activities
Purchases	0	0
Maturities/calls/paydowns	4,135	1,766
Purchases of restricted equity securities	(271)	(1,064)
Net increase in loans	(8,964)	(9,703)
Proceeds from sale of other real estate owned	0	229
Purchases of property and equipment	(722)	(389)
Net cash used in investing activities	(5,822)	(9,161)
Cash flows from financing activities
Net increase (decrease) in deposits	1,702	(14,868)
FHLB advances	5,000	25,000
Repayment of bank term funding program advances	(2,500)	0
Common stock repurchased	(230)	(113)
Dividends paid	(1,279)	(1,180)
Net cash provided by financing activities	2,693	8,839
Net (decrease) increase in cash and cash equivalents	(361)	10,987
Cash and cash equivalents, beginning	22,093	31,061
Cash and cash equivalents, ending	21,732	42,048
Supplemental disclosure of cash flow information
Interest paid	2,967	897
Taxes paid	0	0
Supplemental disclosure of noncash investing activities
Effect on equity of change in net unrealized gain (loss) on available for sale securities	(568)	2,628
Right-of-use assets obtained in exchange for new operating lease liabilities	17	0
Cumulative effect of adoption of credit losses standard, net of tax	0	(710)
Core Deposits [Member]
Adjustments to reconcile net income to net cash provided by operations:
Amortization of core deposit intangible	$ 80	$ 105

Note 1 - Organization and Summa

Note 1 - Organization and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. Organization Skyline Bankshares, Inc. (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. July 1, 2016. March 13, 2017, On July 1, 2018, The Bank was organized under the laws of the United States in 1900 twenty-seven two The consolidated financial statements as of March 31, 2024 three March 31, 2024 2023 December 31, 2023, 10 December 31, 2023. three March 31, 2024 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 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 loan balance, or a portion thereof, is uncollectable. 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 The adoption of ASC 326 326 326, 5 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 March 31, 2024 December 31, 2023, no Accrued interest receivable on available for sale debt securities, which is reported in accrued interest receivable on the consolidated balance sheets, totaled $543 thousand and $641 thousand at March 31, 2024 December 31, 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 $2.9 million and $2.8 million at March 31, 2024 December 31, 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 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 loan balance, or a portion thereof, is uncollectable. 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 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. Under this methodology an estimate of probability of default and a lifetime loss rate is applied to the portfolio segment based on the loss history during the economic life cycle of these type of loans. ● 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 5 12 third 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 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 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 Share-Based Compensation The Parkway Acquisition Corp. 2020 March 17, 2020 August 18, 2020. As of March 31, 2024, 10 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 acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not November 1 Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven Cash Value of Life Insurance The Bank is owner and beneficiary of life insurance policies on certain current and former employees and directors. The Company records these policies in the consolidated balance sheets at cash surrender value, with changes recorded in noninterest income in the consolidated statements of income. 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 9 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 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 12. Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the three March 31, 2024 2023 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 three March 31, 2024 2023, no Revenue Recognition Service Charges on Deposit Accounts - three March 31, 2024 2023 Mortgage Origination Fees three March 31, 2024 2023 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - three March 31, 2024 2023 ● Insurance and Investment - three March 31, 2024 2023 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 Gains and (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 2,628 - 2,628 Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance March 31, 2023 $ (18,314 ) $ (1,964 ) $ (20,278 ) Balance, December 31, 2023 $ (17,964 ) $ (1,376 ) $ (19,340 ) Other comprehensive loss before reclassifications (679 ) - (679 ) Amounts reclassified from accumulated other comprehensive loss, net of tax 111 - 111 Balance March 31, 2024 $ (18,532 ) $ (1,376 ) $ (19,908 ) Reclassification No Recent Accounting Pronouncements The following accounting standards may In December 2022, 848 December 31, 2022, December 31, 2024, not December 31, 2021, June 2023. not In July 2023, No. 120, March 24, 2022, 6.B. not In August 2023, No. 121. not In December 2023, December 15, 2024. not not Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not

Note 2 - Restrictions on Cash

Note 2 - Restrictions on Cash	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	Note 2. The Bank is required to maintain vault cash on hand or on deposit with the Federal Reserve Bank based on the amount of certain customer deposits, mainly checking accounts. The Federal Reserve lowered the reserve requirement ratios on transaction accounts to zero percent effective March 26, 2020; March 31, 2024 December 31, 2023.

Note 3 - Investment Securities

Note 3 - Investment Securities	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 3. 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 March 31, 2024 December 31, 2023 no March 31, 2024 December 31, 2023. (dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value March 31, 2024 Available for sale: U.S. Treasury securities $ 2,509 $ - $ (64 ) $ 2,445 U.S. Government agencies 25,201 - (3,977 ) 21,224 Mortgage-backed securities 70,134 - (10,429 ) 59,705 Corporate securities 1,500 - (47 ) 1,453 State and municipal securities 46,482 4 (8,945 ) 37,541 $ 145,826 $ 4 $ (23,462 ) $ 122,368 December 31, 2023 Available for sale: U.S. Treasury securities $ 2,511 $ - $ (65 ) $ 2,446 U.S. Government agencies 25,165 - (3,727 ) 21,438 Mortgage-backed securities 71,617 - (9,920 ) 61,697 Corporate securities 1,500 - (58 ) 1,442 State and municipal securities 49,336 9 (8,979 ) 40,366 $ 150,129 $ 9 $ (22,749 ) $ 127,389 Restricted equity securities totaled $3.6 million at March 31, 2024 December 31, 2023. 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 March 31, 2024 December 31, 2023. March 31, 2024 December 31, 2023. Less Than 12 Months 12 Months or More Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2024 Available for sale: U.S. Treasury securities $ - $ - $ 2,445 $ (64 ) 2,445 $ (64 ) U.S. Government agencies - - 21,224 (3,977 ) 21,224 (3,977 ) Mortgage-backed securities 4 - 59,701 (10,429 ) 59,705 (10,429 ) Corporate securities - - 1,453 (47 ) 1,453 (47 ) State and municipal securities 1,195 (330 ) 35,512 (8,615 ) 36,707 (8,945 ) Total securities available for sale $ 1,199 $ (330 ) $ 120,335 $ (23,132 ) $ 121,534 $ (23,462 ) December 31, 2023 Available for sale: U.S. Treasury securities $ - $ - $ 2,446 $ (65 ) 2,446 $ (65 ) U.S. Government agencies - - 21,438 (3,727 ) 21,438 (3,727 ) Mortgage-backed securities 5 - 61,692 (9,920 ) 61,697 (9,920 ) Corporate securities 1,442 (58 ) - - 1,442 (58 ) State and municipal securities 1,216 (310 ) 38,181 (8,669 ) 39,397 (8,979 ) Total securities available for sale $ 2,663 $ (368 ) $ 123,757 $ (22,381 ) $ 126,420 $ (22,749 ) At March 31, 2024, 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 March 31, 2024 December 31, 2023, no There were no sales of investment securities available for sale for the three March 31, 2024 2023, three March 31, 2024. three March 31, 2023. no three March 31, 2024 2023 Three Months Ended March 31, (dollars in thousands) 2024 2023 Realized gains $ - $ - Realized losses (141 ) - $ (141 ) $ - There were no may March 31, 2024, (dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 120 $ 123 Due after one year through five years 16,554 15,432 Due after five years through ten years 69,386 59,204 Due after ten years 59,766 47,609 $ 145,826 $ 122,368 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 $41.2 million and $36.0 million at March 31, 2024 December 31, 2023,

Note 4 - Loans Receivable

Note 4 - Loans Receivable	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 4. The major components of loans in the consolidated balance sheets at March 31, 2024 December 31, 2023 (dollars in thousands) 2024 2023 Real Estate Secured: Construction & development $ 50,900 $ 53,473 Farmland 24,345 25,598 Residential 410,581 400,947 Commercial mortgage 276,407 269,666 Non-Real Estate Secured: Commercial & agricultural 50,294 47,681 Consumer & other 14,157 20,339 Total loans 826,684 817,704 Allowance for credit losses (6,765 ) (6,739 ) Loans, net of allowance for credit losses $ 819,919 $ 810,965 Included in total loans above are deferred loan fees of $1.5 million and $1.4 million at March 31, 2024 December 31, 2023, March 31, 2024 December 31, 2023, The Company elected to exclude accrued interest receivable from the amortized cost basis of loans. Accrued interest receivable related to loans totaled $2.9 million at March 31, 2024 December 31, 2023 As of March 31, 2024 December 31, 2023, 1 4

Note 5 - Allowance for Credit L

Note 5 - Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 5. Allowance for Credit Losses - Loans The following table summarizes the activity related to the allowance for credit losses for the three March 31, 2024 2023 (dollars in thousands) Construction & Development Farmland Residential Commercial Mortgage Commercial & Agricultural Consumer & Other Total Balance, December 31, 2023 $ 910 $ 154 $ 3,167 $ 1,902 $ 424 $ 182 $ 6,739 Charge-offs - - - - (16 ) (22 ) (38 ) Recoveries - - 8 1 1 7 17 Provision (148 ) 23 78 53 37 4 47 Balance, March 31, 2024 $ 762 $ 177 $ 3,253 $ 1,956 $ 446 $ 171 $ 6,765 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 - - - - - (34 ) (34 ) Recoveries 1 29 - 8 1 7 46 Provision 15 (26 ) 10 (67 ) 11 24 (33 ) Balance, March 31, 2023 $ 950 $ 154 $ 3,109 $ 2,019 $ 408 $ 179 $ 6,819 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 March 31, 2024 December 31, 2023, 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 March 31, 2024 December 31, 2023: Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total March 31, 2024 Real Estate Secured: Construction & development $ 50,814 $ 44 $ - $ 42 $ 50,900 Farmland 22,021 113 734 1,477 24,345 Residential 409,950 212 35 384 410,581 Commercial mortgage 270,940 3,622 201 1,644 276,407 Non-Real Estate Secured: Commercial & agricultural 50,110 - 18 166 50,294 Consumer & other 13,727 - - 430 14,157 Total $ 817,562 $ 3,991 $ 988 $ 4,143 $ 826,684 December 31, 2023 Real Estate Secured: Construction & development $ 53,444 $ - $ - $ 29 $ 53,473 Farmland 23,329 - 737 1,532 25,598 Residential 400,432 213 36 266 400,947 Commercial mortgage 265,441 2,329 202 1,694 269,666 Non-Real Estate Secured: Commercial & agricultural 47,481 - 24 176 47,681 Consumer & other 19,903 - - 436 20,339 Total $ 810,030 $ 2,542 $ 999 $ 4,133 $ 817,704 The following table presents the Company’s recorded investment in loans by credit quality indicators by year of origination as of March 31, 2024: Term Loans by Year of Origination Revolving Loans Converted (dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving To Term Total Construction & development Pass $ 7,057 $ 18,018 $ 6,282 $ 6,802 $ 1,599 $ 8,771 $ 2,285 $ - $ 50,814 Watch - - - - 44 - - - 44 Special Mention - - - - - - - - - Substandard - - - 30 - - 12 - 42 Total construction & development $ 7,057 $ 18,018 $ 6,282 $ 6,832 $ 1,643 $ 8,771 $ 2,297 $ - $ 50,900 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 205 $ 4,486 $ 2,325 $ 1,443 $ 2,574 $ 9,830 $ 1,158 $ - $ 22,021 Watch - - - - - 113 - - 113 Special Mention - - - - - 634 100 - 734 Substandard - - - - - 1,477 - - 1,477 Total farmland $ 205 $ 4,486 $ 2,325 $ 1,443 $ 2,574 $ 12,054 $ 1,258 $ - $ 24,345 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 11,169 $ 55,517 $ 99,693 $ 53,641 $ 46,030 $ 79,613 $ 64,149 $ 138 $ 409,950 Watch - - - - 212 - - - 212 Special Mention - - - - 8 27 - - 35 Substandard - - - - - 384 - - 384 Total residential $ 11,169 $ 55,517 $ 99,693 $ 53,641 $ 46,250 $ 80,024 $ 64,149 $ 138 $ 410,581 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 7,649 $ 37,921 $ 51,834 $ 49,546 $ 39,954 $ 77,445 $ 6,591 $ - $ 270,940 Watch - - - 1,454 2,067 - 101 - 3,622 Special Mention - - - - - 201 - - 201 Substandard - - - 83 - 1,161 400 - 1,644 Total residential $ 7,649 $ 37,921 $ 51,834 $ 51,083 $ 42,021 $ 78,807 $ 7,092 $ - $ 276,407 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 3,188 $ 12,038 $ 6,255 $ 4,330 $ 1,426 $ 1,989 $ 20,884 $ - $ 50,110 Watch - - - - - - - - - Special Mention - - - - - 18 - - 18 Substandard - - 30 - - 136 - - 166 Total commercial & agricultural $ 3,188 $ 12,038 $ 6,285 $ 4,330 $ 1,426 $ 2,143 $ 20,884 $ - $ 50,294 Current period gross write-offs $ - $ 16 $ - $ - $ - $ - $ - $ - $ 16 Consumer & other Pass $ 912 $ 3,713 $ 2,555 $ 2,039 $ 173 $ 3,598 $ 737 $ - $ 13,727 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - - 393 - 37 - - 430 Total consumer & other $ 912 $ 3,713 $ 2,555 $ 2,432 $ 173 $ 3,635 $ 737 $ - $ 14,157 Current period gross write-offs $ - $ 7 $ 4 $ 2 $ 2 $ 7 $ - $ - $ 22 Total loans Pass $ 30,180 $ 131,693 $ 168,944 $ 117,801 $ 91,756 $ 181,246 $ 95,804 $ 138 $ 817,562 Watch - - - 1,454 2,323 113 101 - 3,991 Special Mention - - - - 8 880 100 - 988 Substandard - - 30 506 - 3,195 412 - 4,143 Total loans $ 30,180 $ 131,693 $ 168,974 $ 119,761 $ 94,087 $ 185,434 $ 96,417 $ 138 $ 826,684 Total Current period gross write-offs $ - $ 23 $ 4 $ 2 $ 2 $ 7 $ - $ - $ 38 The following table presents the Company’s recorded investment in loans by credit quality indicators by year of origination as of December 31, 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 $ 15,743 $ 8,291 $ 12,945 $ 1,742 $ 2,552 $ 6,492 $ 5,679 $ - $ 53,444 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 29 - - - - - 29 Total construction & development $ 15,743 $ 8,291 $ 12,974 $ 1,742 $ 2,552 $ 6,492 $ 5,679 $ - $ 53,473 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 4,750 $ 2,376 $ 1,448 $ 2,764 $ 1,365 $ 9,019 $ 1,607 $ - $ 23,329 Watch - - - - - - - - - Special Mention - - - - - 637 100 - 737 Substandard - - - - 8 1,507 17 - 1,532 Total farmland $ 4,750 $ 2,376 $ 1,448 $ 2,764 $ 1,373 $ 11,163 $ 1,724 $ - $ 25,598 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 56,921 $ 99,100 $ 54,974 $ 46,877 $ 17,527 $ 63,461 $ 60,520 $ 1,052 $ 400,432 Watch - - - 213 - - - - 213 Special Mention - - - 9 - 27 - - 36 Substandard - - - - - 252 - 14 266 Total residential $ 56,921 $ 99,100 $ 54,974 $ 47,099 $ 17,527 $ 63,740 $ 60,520 $ 1,066 $ 400,947 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 36,852 $ 53,022 $ 49,799 $ 41,429 $ 22,069 $ 58,119 $ 4,048 $ 103 $ 265,441 Watch - - - 2,081 - 248 - - 2,329 Special Mention - - - - - 202 - - 202 Substandard - - 86 - - 1,209 399 - 1,694 Total residential $ 36,852 $ 53,022 $ 49,885 $ 43,510 $ 22,069 $ 59,778 $ 4,447 $ 103 $ 269,666 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 12,056 $ 6,579 $ 4,931 $ 1,610 $ 573 $ 1,624 $ 20,079 $ 29 $ 47,481 Watch - - - - - - - - - Special Mention - - - - 24 - - - 24 Substandard - 4 - - 25 147 - - 176 Total commercial & agricultural $ 12,056 $ 6,583 $ 4,931 $ 1,610 $ 622 $ 1,771 $ 20,079 $ 29 $ 47,681 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer & other Pass $ 9,836 $ 2,866 $ 2,410 $ 229 $ 799 $ 3,025 $ 738 $ - $ 19,903 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 397 - - 39 - - 436 Total consumer & other $ 9,836 $ 2,866 $ 2,807 $ 229 $ 799 $ 3,064 $ 738 $ - $ 20,339 Current period gross write-offs $ 27 $ 33 $ 14 $ 8 $ 5 $ 23 $ - $ - $ 110 Total loans Pass $ 136,158 $ 172,234 $ 126,507 $ 94,651 $ 44,885 $ 141,740 $ 92,671 $ 1,184 $ 810,030 Watch - - - 2,294 - 248 - - 2,542 Special Mention - - - 9 24 866 100 - 999 Substandard - 4 512 - 33 3,154 416 14 4,133 Total loans $ 136,158 $ 172,238 $ 127,019 $ 96,954 $ 44,942 $ 146,008 $ 93,187 $ 1,198 $ 817,704 Total Current period gross write-offs $ 27 $ 33 $ 14 $ 8 $ 5 $ 23 $ - $ - $ 110 Nonaccrual Loans The following table is a summary of the Company’s nonaccrual loans by major categories for the periods indicated: March 31, 2024 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Construction & development $ - $ 29 $ 29 Farmland - 381 381 Residential - 342 342 Commercial mortgage 327 150 477 Commercial & agricultural - 130 130 Consumer & other 393 38 431 Total $ 720 $ 1,070 $ 1,790 December 31, 2023 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Construction & development $ - $ 29 $ 29 Farmland 314 86 400 Residential - 221 221 Commercial mortgage 339 176 515 Commercial & agricultural - 130 130 Consumer & other 398 38 436 Total $ 1,051 $ 680 $ 1,731 The following table represents the accrued interest receivables written off on nonaccrual loans by reversing interest income during the three March 31, 2024 March 31, 2023: (dollars in thousands) For the Three Months Ended March 31, 2024 For the Three Months Ended March 31, 2023 Construction & development $ - $ - Farmland - - Residential 3 16 Commercial mortgage - - Commercial & agricultural - - Consumer & other - - Total $ 3 $ 16 Aging Analysis The following table presents an aging analysis of past due loans by category as of March 31, 2024: (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 March 31, 2024 Real Estate Secured: Construction & development $ - $ - $ - $ 29 $ 50,871 $ 50,900 Farmland 240 - - 381 23,724 24,345 Residential 71 43 - 342 410,125 410,581 Commercial mortgage 29 - - 477 275,901 276,407 Non-Real Estate Secured: Commercial & agricultural - - - 130 50,164 50,294 Consumer & other - - - 431 13,726 14,157 Total $ 340 $ 43 $ - $ 1,790 $ 824,511 $ 826,684 The following table presents an aging analysis of past due loans by category as of December 31, 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 December 31, 2023 Real Estate Secured: Construction & development $ - $ - $ - $ 29 $ 53,444 $ 53,473 Farmland - - - 400 25,198 25,598 Residential - 45 - 221 400,681 400,947 Commercial mortgage - - - 515 269,151 269,666 Non-Real Estate Secured: Commercial & agricultural 35 - - 130 47,516 47,681 Consumer & other 12 - - 436 19,891 20,339 Total $ 47 $ 45 $ - $ 1,731 $ 815,881 $ 817,704 Collateral Dependent Loans Loans that do not ● 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 March 31, 2024 December 31, 2023: (dollars in thousands) 2024 2023 Construction & development $ - $ - Farmland - - Residential - - Commercial mortgage 327 339 Commercial & agricultural - - Consumer & other - - Total Loans $ 327 $ 339 Purchased Credit Deteriorated There were no purchased credit deteriorated loans acquired during the three March 31, 2024 December 31, 2023. 2018, not no March 31, 2024 December 31, 2023 (dollars in thousands) 2024 2023 Residential $ 95 $ 99 Commercial mortgage 73 77 Outstanding balance $ 168 $ 176 Carrying amount $ 168 $ 176 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 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 of loans modified to borrowers experiencing financial difficulty for the three March 31, 2024 March 31, 2023, Term Extension Three Months Ended March 31, 2024 Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect Residential $ 24 0.01 % Added an average of 11.92 years to the life of the loan, which resulted in reduced payment. Total $ 24 Combination Term Extension & Interest Rate Reduction Three Months Ended March 31, 2023 Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect 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. 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 March 31, 2024 March 31, 2023: Payment Status (Amortized Cost Basis) (dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due March 31, 2024 Construction & development $ - $ - $ - Farmland 582 - - Residential 24 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other 393 - - Total $ 999 $ - $ - March 31, 2023 Construction & development $ - $ - $ - Farmland - - - Residential 38 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Total $ 38 $ - $ - 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 three March 31, 2024 March 31, 2023: (dollars in thousands) Total Allowance for Credit Losses – Unfunded Commitments Balance, December 31, 2023 $ 402 Provision for credit losses - unfunded commitments 46 Balance, March 31, 2024 $ 448 Balance, December 31, 2022 $ 46 Adjustment to allowance for unfunded commitments for adoption of ASU 2016-13 313 Provision for credit losses - unfunded commitments (73 ) Balance, March 31, 2023 $ 286

Note 6 - Deposits

Note 6 - Deposits	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 6. The following table presents the composition of deposits at March 31, 2024 December 31, 2023: March 31, December 31, (dollars in thousands) 2024 2023 Interest-bearing deposits: Interest-bearing demand deposit accounts $ 134,430 $ 136,305 Money market 73,694 70,669 Savings 150,559 152,666 Time deposits 277,846 263,987 Total interest-bearing deposits 636,529 623,627 Noninterest-bearing deposits 293,912 305,115 Total deposits $ 930,441 $ 928,742 The aggregate amount of time deposits in denominations of more than $250 March 31, 2024 December 31, 2023

Note 7 - Employee Benefit Plans

Note 7 - Employee Benefit Plans	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 7. The Bank has a qualified noncontributory defined benefit pension plan that covers substantially all of its employees. Effective December 31, 2012, three March 31, 2024 2023. Three Months Ended March 31, (dollars in thousands) 2024 2023 Interest cost $ 31 $ 36 Expected return on plan assets (126 ) (120 ) Recognized net actuarial loss 29 49 Net periodic benefit cost $ (66 ) $ (35 ) 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, 2023 no 2024. not 2024.

Note 8 - Goodwill and Intangibl

Note 8 - Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 8. Goodwill An analysis of goodwill during the three March 31, 2024 December 31, 2023 March 31, December 31, (dollars in thousands) 2024 2023 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 March 31, 2024 December 31, 2023 March 31, December 31, (dollars in thousands) 2024 2023 Balance at beginning of year, net of accumulated amortization $ 917 $ 1,286 Amortization expense (80 ) (369 ) Net book value $ 837 $ 917 Aggregate amortization expense was $80 thousand and $105 thousand for the three March 31, 2024 2023, The following table presents the estimated amortization expense of the core deposit intangible over the remaining useful life: (dollars in thousands) Nine months ending December 31, 2024 $ 182 For the year ending December 31, 2025 154 For the year ending December 31, 2026 96 For the year ending December 31, 2027 81 For the year ending December 31, 2028 68 Thereafter 256 Total $ 837

Note 9 - Leases

Note 9 - Leases	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 9. 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 first three 2024 June 2023 August 2023 two 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 March 31, December 31, (dollars in thousands) 2024 2023 Lease liabilities $ 1,922 $ 1,983 Right-of-use assets $ 2,010 $ 2,073 Weighted average remaining lease term (years) 7.25 7.45 Weighted average discount rate 3.99 % 3.98 % Three Months Ended March 31, (dollars in thousands) 2024 2023 Lease Expense Operating lease expense $ 100 $ 41 Short-term lease expense 2 1 Total lease expense $ 102 $ 42 Cash paid for amounts included in lease liabilities $ 100 $ 41 The following table presents a maturity schedule of undiscounted cash flows that contribute to the lease liabilities: (dollars in thousands) Nine months ending December 31, 2024 $ 296 Twelve months ending December 31, 2025 358 Twelve months ending December 31, 2026 299 Twelve months ending December 31, 2027 258 Twelve months ending December 31, 2028 231 Thereafter 798 Total undiscounted cash flows $ 2,240 Less discount (318 ) Lease liabilities $ 1,922

Note 10 - Share-based Compensat

Note 10 - Share-based Compensation	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 10. 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 March 31, 2024, On March 28, 2024, December 15, 2024, December 15, 2025, December 15, 2026, December 15, 2027, December 15, 2028. three March 31, 2024 2023, As of March 31, 2024, 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, 2022 18,850 $ 12.38 Granted - - Vested (8,225 ) 12.21 $ 99 Forfeited - - Unvested as of December 31, 2023 10,625 $ 12.54 Granted 65,000 11.30 Vested - - $ - Forfeited - - Unvested as of March 31, 2024 75,625 $ 11.48

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 11. 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 March 31, 2024 December 31, 2023 March 31, December 31, (dollars in thousands) 2024 2023 Commitments to extend credit $ 206,199 $ 195,991 Standby letters of credit 811 583 $ 207,010 $ 196,574 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 4. not

Note 12 - Financial Instruments

Note 12 - Financial Instruments	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	Note 12. FASB ASC 825, not not not 825 not The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments not March 31, 2024 December 31, 2023. no For loans, the carrying amount is net of unearned income and the allowance for credit losses. In accordance with ASU No. 2016 01, March 31, 2024 December 31, 2023, 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) March 31, 2024 Financial Instruments – Assets Net Loans $ 819,919 $ 782,149 $ - $ - $ 782,149 Financial Instruments – Liabilities Time Deposits 277,846 274,226 - 274,226 - FHLB Advances 30,000 30,037 - 30,037 - December 31, 2023 Financial Instruments – Assets Net Loans $ 810,965 $ 775,246 $ - $ - $ 775,246 Financial Instruments – Liabilities Time Deposits 263,987 260,590 - 260,590 - FHLB Advances 25,000 24,999 - 24,999 - 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 Assets Recorded at Fair Value on a Recurring Basis (dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2024 Investment securities available for sale U.S. Treasury securities $ 2,445 $ - $ 2,445 $ - U.S. Government agencies 21,224 - 21,224 - Mortgage-backed securities 59,705 - 59,705 - Corporate securities 1,453 - 1,453 - State and municipal securities 37,541 - 37,541 - Total assets at fair value $ 122,368 $ - $ 122,368 $ - December 31, 2023 Investment securities available for sale U.S. Treasury securities $ 2,446 $ - $ 2,446 $ - U.S. Government agencies 21,438 - 21,438 - Mortgage-backed securities 61,697 - 61,697 - Corporate securities 1,442 - 1,442 - State and municipal securities 40,366 - 40,366 - Total assets at fair value $ 127,389 $ - $ 127,389 $ - No liabilities were recorded at fair value on a recurring basis as of March 31, 2024 December 31, 2023. three March 31, 2024 December 31, 2023. Assets Recorded at Fair Value on a Nonrecurring Basis The Company may March 31, 2024 December 31, 2023. (dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2024 Individually evaluated loans $ 1,856 $ - - $ 1,856 Total assets at fair value $ 1,856 $ - $ - $ 1,856 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2023 Individually evaluated loans $ 1,635 $ - - $ 1,635 Total assets at fair value $ 1,635 $ - $ - $ 1,635 For Level 3 December 31, 2023 2022, Fair Value at March 31, 2024 Fair Value at December 31, 2023 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Individually Evaluated Loans $ 1,856 $ 1,635 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10%

Note 13 - Short-term Borrowings

Note 13 - Short-term Borrowings	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Short-Term Debt [Text Block]	Note 13. At March 31, 2024, January 9, 2025, March 31, 2024, April 10, 2024, At December 31, 2023, January 10, 2024, December 31, 2023, August 2, 2024, first 2024, At March 31, 2024,

Note 14 - Long-term Borrowings

Note 14 - Long-term Borrowings	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Long-Term Debt [Text Block]	Note 14. At March 31, 2024 December 31, 2023,

Note 15 - Capital Requirements

Note 15 - Capital Requirements	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 15. 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 March 31, 2024 December 31, 2023, January 1, 2015. Actual For Capital Adequacy Purposes To Be Well- Capitalized Amount Ratio Amount Ratio Amount Ratio March 31, 2024 Total Capital (to risk weighted assets) $ 105,508 12.48 % $ 67,655 8.00 % $ 84,569 10.00 % Tier 1 Capital (to risk weighted assets) $ 98,295 11.62 % $ 50,741 6.00 % $ 67,655 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 98,295 11.62 % $ 38,056 4.50 % $ 54,970 6.50 % Tier 1 Capital (to average total assets) $ 98,295 9.23 % $ 42,579 4.00 % $ 53,224 5.00 % December 31, 2023 Total Capital (to risk weighted assets) $ 104,800 12.49 % $ 67,130 8.00 % $ 83,913 10.00 % Tier 1 Capital (to risk weighted assets) $ 97,659 11.64 % $ 50,348 6.00 % $ 67,130 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 97,659 11.64 % $ 37,761 4.50 % $ 54,543 6.50 % Tier 1 Capital (to average total assets) $ 97,659 9.26 % $ 42,199 4.00 % $ 52,749 5.00 % On September 17, 2019 In order to qualify for the CBLR framework, a community banking organization must have a Tier 1 not The CBLR framework was available for banks to use in their March 31, 2024 not may Skyline Bankshares, Inc. and Subsidiary Notes to Consolidated Financial Statements (unaudited)

Note 16 - Subsequent Events

Note 16 - Subsequent Events	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	Note 16. 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 On April 16, 2024, April 16, 2024. second 2024. Management has reviewed the events occurring through the date the consolidated financial statements were issued and no

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	Item 5. Other Information During the fiscal quarter ended March 31, 2024, none 16a 1 1934 10b5 1 10b5 1 408
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
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
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 loan balance, or a portion thereof, is uncollectable. 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 The adoption of ASC 326 326 326, 5
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 March 31, 2024 December 31, 2023, no Accrued interest receivable on available for sale debt securities, which is reported in accrued interest receivable on the consolidated balance sheets, totaled $543 thousand and $641 thousand at March 31, 2024 December 31, 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 $2.9 million and $2.8 million at March 31, 2024 December 31, 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 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 loan balance, or a portion thereof, is uncollectable. 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 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. Under this methodology an estimate of probability of default and a lifetime loss rate is applied to the portfolio segment based on the loss history during the economic life cycle of these type of loans. ● 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 5 12 third 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
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Land is carried at cost. Bank premises, furniture and equipment are carried at cost, less accumulated depreciation and amortization computed principally by the straight-line method over the following estimated useful lives: Years Buildings and improvements 10 - 40 Furniture and equipment 5 - 12
Financing Receivable, Held-for-Investment, Foreclosed Asset [Policy Text Block]	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
Share-Based Payment Arrangement [Policy Text Block]	Share-Based Compensation The Parkway Acquisition Corp. 2020 March 17, 2020 August 18, 2020. As of March 31, 2024, 10
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 acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not November 1 Other intangible assets consist of core deposit intangibles that represent the value of long-term deposit relationships acquired in a business combination. Core deposit intangibles are amortized over the estimated useful lives of the deposit accounts acquired. The core deposit intangible as a result of the Cardinal merger, is amortized over an estimated useful life of twenty seven
Cash Value of Life Insurance [Policy Text Block]	Cash Value of Life Insurance The Bank is owner and beneficiary of life insurance policies on certain current and former employees and directors. The Company records these policies in the consolidated balance sheets at cash surrender value, with changes recorded in noninterest income in the consolidated statements of income.
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 9
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
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 12.
Advertising Cost [Policy Text Block]	Advertising Expense The Company expenses advertising costs as they are incurred. Advertising expense for the three March 31, 2024 2023
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 three March 31, 2024 2023, no
Revenue [Policy Text Block]	Revenue Recognition Service Charges on Deposit Accounts - three March 31, 2024 2023 Mortgage Origination Fees three March 31, 2024 2023 Other Service Charges and Fees - ● ATM, Credit and Debit Card Fees - three March 31, 2024 2023 ● Insurance and Investment - three March 31, 2024 2023
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 Gains and (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 2,628 - 2,628 Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance March 31, 2023 $ (18,314 ) $ (1,964 ) $ (20,278 ) Balance, December 31, 2023 $ (17,964 ) $ (1,376 ) $ (19,340 ) Other comprehensive loss before reclassifications (679 ) - (679 ) Amounts reclassified from accumulated other comprehensive loss, net of tax 111 - 111 Balance March 31, 2024 $ (18,532 ) $ (1,376 ) $ (19,908 )
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassification No
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements The following accounting standards may In December 2022, 848 December 31, 2022, December 31, 2024, not December 31, 2021, June 2023. not In July 2023, No. 120, March 24, 2022, 6.B. not In August 2023, No. 121. not In December 2023, December 15, 2024. not 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)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Useful Lives of Property, Plant and Equipment [Table Text Block]	Years Buildings and improvements 10 - 40 Furniture and equipment 5 - 12
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains and (Losses) (dollars in thousands) On Available for Defined Benefit Sale Securities Pension Items Total Balance, December 31, 2022 $ (20,942 ) $ (1,964 ) $ (22,906 ) Other comprehensive income before reclassifications 2,628 - 2,628 Amounts reclassified from accumulated other comprehensive income, net of tax - - - Balance March 31, 2023 $ (18,314 ) $ (1,964 ) $ (20,278 ) Balance, December 31, 2023 $ (17,964 ) $ (1,376 ) $ (19,340 ) Other comprehensive loss before reclassifications (679 ) - (679 ) Amounts reclassified from accumulated other comprehensive loss, net of tax 111 - 111 Balance March 31, 2024 $ (18,532 ) $ (1,376 ) $ (19,908 )

Note 3 - Investment Securities

Note 3 - Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]	(dollars in thousands) Amortized Cost Unrealized Gains Unrealized Losses Fair Value March 31, 2024 Available for sale: U.S. Treasury securities $ 2,509 $ - $ (64 ) $ 2,445 U.S. Government agencies 25,201 - (3,977 ) 21,224 Mortgage-backed securities 70,134 - (10,429 ) 59,705 Corporate securities 1,500 - (47 ) 1,453 State and municipal securities 46,482 4 (8,945 ) 37,541 $ 145,826 $ 4 $ (23,462 ) $ 122,368 December 31, 2023 Available for sale: U.S. Treasury securities $ 2,511 $ - $ (65 ) $ 2,446 U.S. Government agencies 25,165 - (3,727 ) 21,438 Mortgage-backed securities 71,617 - (9,920 ) 61,697 Corporate securities 1,500 - (58 ) 1,442 State and municipal securities 49,336 9 (8,979 ) 40,366 $ 150,129 $ 9 $ (22,749 ) $ 127,389
Gain (Loss) on Securities [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 March 31, 2024 Available for sale: U.S. Treasury securities $ - $ - $ 2,445 $ (64 ) 2,445 $ (64 ) U.S. Government agencies - - 21,224 (3,977 ) 21,224 (3,977 ) Mortgage-backed securities 4 - 59,701 (10,429 ) 59,705 (10,429 ) Corporate securities - - 1,453 (47 ) 1,453 (47 ) State and municipal securities 1,195 (330 ) 35,512 (8,615 ) 36,707 (8,945 ) Total securities available for sale $ 1,199 $ (330 ) $ 120,335 $ (23,132 ) $ 121,534 $ (23,462 ) December 31, 2023 Available for sale: U.S. Treasury securities $ - $ - $ 2,446 $ (65 ) 2,446 $ (65 ) U.S. Government agencies - - 21,438 (3,727 ) 21,438 (3,727 ) Mortgage-backed securities 5 - 61,692 (9,920 ) 61,697 (9,920 ) Corporate securities 1,442 (58 ) - - 1,442 (58 ) State and municipal securities 1,216 (310 ) 38,181 (8,669 ) 39,397 (8,979 ) Total securities available for sale $ 2,663 $ (368 ) $ 123,757 $ (22,381 ) $ 126,420 $ (22,749 )
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended March 31, (dollars in thousands) 2024 2023 Realized gains $ - $ - Realized losses (141 ) - $ (141 ) $ -
Investments Classified by Contractual Maturity Date [Table Text Block]	(dollars in thousands) Amortized Cost Fair Value Due in one year or less $ 120 $ 123 Due after one year through five years 16,554 15,432 Due after five years through ten years 69,386 59,204 Due after ten years 59,766 47,609 $ 145,826 $ 122,368

Note 4 - Loans Receivable (Tabl

Note 4 - Loans Receivable (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	(dollars in thousands) 2024 2023 Real Estate Secured: Construction & development $ 50,900 $ 53,473 Farmland 24,345 25,598 Residential 410,581 400,947 Commercial mortgage 276,407 269,666 Non-Real Estate Secured: Commercial & agricultural 50,294 47,681 Consumer & other 14,157 20,339 Total loans 826,684 817,704 Allowance for credit losses (6,765 ) (6,739 ) Loans, net of allowance for credit losses $ 819,919 $ 810,965

Note 5 - Allowance for Credit_2

Note 5 - Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2024
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 Balance, December 31, 2023 $ 910 $ 154 $ 3,167 $ 1,902 $ 424 $ 182 $ 6,739 Charge-offs - - - - (16 ) (22 ) (38 ) Recoveries - - 8 1 1 7 17 Provision (148 ) 23 78 53 37 4 47 Balance, March 31, 2024 $ 762 $ 177 $ 3,253 $ 1,956 $ 446 $ 171 $ 6,765 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 - - - - - (34 ) (34 ) Recoveries 1 29 - 8 1 7 46 Provision 15 (26 ) 10 (67 ) 11 24 (33 ) Balance, March 31, 2023 $ 950 $ 154 $ 3,109 $ 2,019 $ 408 $ 179 $ 6,819
Financing Receivable Credit Quality Indicators [Table Text Block]	Loan Grades (dollars in thousands) Pass Watch Special Mention Substandard Total March 31, 2024 Real Estate Secured: Construction & development $ 50,814 $ 44 $ - $ 42 $ 50,900 Farmland 22,021 113 734 1,477 24,345 Residential 409,950 212 35 384 410,581 Commercial mortgage 270,940 3,622 201 1,644 276,407 Non-Real Estate Secured: Commercial & agricultural 50,110 - 18 166 50,294 Consumer & other 13,727 - - 430 14,157 Total $ 817,562 $ 3,991 $ 988 $ 4,143 $ 826,684 December 31, 2023 Real Estate Secured: Construction & development $ 53,444 $ - $ - $ 29 $ 53,473 Farmland 23,329 - 737 1,532 25,598 Residential 400,432 213 36 266 400,947 Commercial mortgage 265,441 2,329 202 1,694 269,666 Non-Real Estate Secured: Commercial & agricultural 47,481 - 24 176 47,681 Consumer & other 19,903 - - 436 20,339 Total $ 810,030 $ 2,542 $ 999 $ 4,133 $ 817,704 Term Loans by Year of Origination Revolving Loans Converted (dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving To Term Total Construction & development Pass $ 7,057 $ 18,018 $ 6,282 $ 6,802 $ 1,599 $ 8,771 $ 2,285 $ - $ 50,814 Watch - - - - 44 - - - 44 Special Mention - - - - - - - - - Substandard - - - 30 - - 12 - 42 Total construction & development $ 7,057 $ 18,018 $ 6,282 $ 6,832 $ 1,643 $ 8,771 $ 2,297 $ - $ 50,900 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 205 $ 4,486 $ 2,325 $ 1,443 $ 2,574 $ 9,830 $ 1,158 $ - $ 22,021 Watch - - - - - 113 - - 113 Special Mention - - - - - 634 100 - 734 Substandard - - - - - 1,477 - - 1,477 Total farmland $ 205 $ 4,486 $ 2,325 $ 1,443 $ 2,574 $ 12,054 $ 1,258 $ - $ 24,345 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 11,169 $ 55,517 $ 99,693 $ 53,641 $ 46,030 $ 79,613 $ 64,149 $ 138 $ 409,950 Watch - - - - 212 - - - 212 Special Mention - - - - 8 27 - - 35 Substandard - - - - - 384 - - 384 Total residential $ 11,169 $ 55,517 $ 99,693 $ 53,641 $ 46,250 $ 80,024 $ 64,149 $ 138 $ 410,581 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 7,649 $ 37,921 $ 51,834 $ 49,546 $ 39,954 $ 77,445 $ 6,591 $ - $ 270,940 Watch - - - 1,454 2,067 - 101 - 3,622 Special Mention - - - - - 201 - - 201 Substandard - - - 83 - 1,161 400 - 1,644 Total residential $ 7,649 $ 37,921 $ 51,834 $ 51,083 $ 42,021 $ 78,807 $ 7,092 $ - $ 276,407 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 3,188 $ 12,038 $ 6,255 $ 4,330 $ 1,426 $ 1,989 $ 20,884 $ - $ 50,110 Watch - - - - - - - - - Special Mention - - - - - 18 - - 18 Substandard - - 30 - - 136 - - 166 Total commercial & agricultural $ 3,188 $ 12,038 $ 6,285 $ 4,330 $ 1,426 $ 2,143 $ 20,884 $ - $ 50,294 Current period gross write-offs $ - $ 16 $ - $ - $ - $ - $ - $ - $ 16 Consumer & other Pass $ 912 $ 3,713 $ 2,555 $ 2,039 $ 173 $ 3,598 $ 737 $ - $ 13,727 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - - 393 - 37 - - 430 Total consumer & other $ 912 $ 3,713 $ 2,555 $ 2,432 $ 173 $ 3,635 $ 737 $ - $ 14,157 Current period gross write-offs $ - $ 7 $ 4 $ 2 $ 2 $ 7 $ - $ - $ 22 Total loans Pass $ 30,180 $ 131,693 $ 168,944 $ 117,801 $ 91,756 $ 181,246 $ 95,804 $ 138 $ 817,562 Watch - - - 1,454 2,323 113 101 - 3,991 Special Mention - - - - 8 880 100 - 988 Substandard - - 30 506 - 3,195 412 - 4,143 Total loans $ 30,180 $ 131,693 $ 168,974 $ 119,761 $ 94,087 $ 185,434 $ 96,417 $ 138 $ 826,684 Total Current period gross write-offs $ - $ 23 $ 4 $ 2 $ 2 $ 7 $ - $ - $ 38 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 $ 15,743 $ 8,291 $ 12,945 $ 1,742 $ 2,552 $ 6,492 $ 5,679 $ - $ 53,444 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 29 - - - - - 29 Total construction & development $ 15,743 $ 8,291 $ 12,974 $ 1,742 $ 2,552 $ 6,492 $ 5,679 $ - $ 53,473 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Farmland Pass $ 4,750 $ 2,376 $ 1,448 $ 2,764 $ 1,365 $ 9,019 $ 1,607 $ - $ 23,329 Watch - - - - - - - - - Special Mention - - - - - 637 100 - 737 Substandard - - - - 8 1,507 17 - 1,532 Total farmland $ 4,750 $ 2,376 $ 1,448 $ 2,764 $ 1,373 $ 11,163 $ 1,724 $ - $ 25,598 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 56,921 $ 99,100 $ 54,974 $ 46,877 $ 17,527 $ 63,461 $ 60,520 $ 1,052 $ 400,432 Watch - - - 213 - - - - 213 Special Mention - - - 9 - 27 - - 36 Substandard - - - - - 252 - 14 266 Total residential $ 56,921 $ 99,100 $ 54,974 $ 47,099 $ 17,527 $ 63,740 $ 60,520 $ 1,066 $ 400,947 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial mortgage Pass $ 36,852 $ 53,022 $ 49,799 $ 41,429 $ 22,069 $ 58,119 $ 4,048 $ 103 $ 265,441 Watch - - - 2,081 - 248 - - 2,329 Special Mention - - - - - 202 - - 202 Substandard - - 86 - - 1,209 399 - 1,694 Total residential $ 36,852 $ 53,022 $ 49,885 $ 43,510 $ 22,069 $ 59,778 $ 4,447 $ 103 $ 269,666 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Commercial & agricultural Pass $ 12,056 $ 6,579 $ 4,931 $ 1,610 $ 573 $ 1,624 $ 20,079 $ 29 $ 47,481 Watch - - - - - - - - - Special Mention - - - - 24 - - - 24 Substandard - 4 - - 25 147 - - 176 Total commercial & agricultural $ 12,056 $ 6,583 $ 4,931 $ 1,610 $ 622 $ 1,771 $ 20,079 $ 29 $ 47,681 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - $ - Consumer & other Pass $ 9,836 $ 2,866 $ 2,410 $ 229 $ 799 $ 3,025 $ 738 $ - $ 19,903 Watch - - - - - - - - - Special Mention - - - - - - - - - Substandard - - 397 - - 39 - - 436 Total consumer & other $ 9,836 $ 2,866 $ 2,807 $ 229 $ 799 $ 3,064 $ 738 $ - $ 20,339 Current period gross write-offs $ 27 $ 33 $ 14 $ 8 $ 5 $ 23 $ - $ - $ 110 Total loans Pass $ 136,158 $ 172,234 $ 126,507 $ 94,651 $ 44,885 $ 141,740 $ 92,671 $ 1,184 $ 810,030 Watch - - - 2,294 - 248 - - 2,542 Special Mention - - - 9 24 866 100 - 999 Substandard - 4 512 - 33 3,154 416 14 4,133 Total loans $ 136,158 $ 172,238 $ 127,019 $ 96,954 $ 44,942 $ 146,008 $ 93,187 $ 1,198 $ 817,704 Total Current period gross write-offs $ 27 $ 33 $ 14 $ 8 $ 5 $ 23 $ - $ - $ 110
Financing Receivable, Nonaccrual [Table Text Block]	March 31, 2024 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Construction & development $ - $ 29 $ 29 Farmland - 381 381 Residential - 342 342 Commercial mortgage 327 150 477 Commercial & agricultural - 130 130 Consumer & other 393 38 431 Total $ 720 $ 1,070 $ 1,790 December 31, 2023 (dollars in thousands) Nonaccrual Loans with no Allowance Nonaccrual Loans with an Allowance Total Nonaccrual Loans Construction & development $ - $ 29 $ 29 Farmland 314 86 400 Residential - 221 221 Commercial mortgage 339 176 515 Commercial & agricultural - 130 130 Consumer & other 398 38 436 Total $ 1,051 $ 680 $ 1,731 (dollars in thousands) For the Three Months Ended March 31, 2024 For the Three Months Ended March 31, 2023 Construction & development $ - $ - Farmland - - Residential 3 16 Commercial mortgage - - Commercial & agricultural - - Consumer & other - - Total $ 3 $ 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 March 31, 2024 Real Estate Secured: Construction & development $ - $ - $ - $ 29 $ 50,871 $ 50,900 Farmland 240 - - 381 23,724 24,345 Residential 71 43 - 342 410,125 410,581 Commercial mortgage 29 - - 477 275,901 276,407 Non-Real Estate Secured: Commercial & agricultural - - - 130 50,164 50,294 Consumer & other - - - 431 13,726 14,157 Total $ 340 $ 43 $ - $ 1,790 $ 824,511 $ 826,684 (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 December 31, 2023 Real Estate Secured: Construction & development $ - $ - $ - $ 29 $ 53,444 $ 53,473 Farmland - - - 400 25,198 25,598 Residential - 45 - 221 400,681 400,947 Commercial mortgage - - - 515 269,151 269,666 Non-Real Estate Secured: Commercial & agricultural 35 - - 130 47,516 47,681 Consumer & other 12 - - 436 19,891 20,339 Total $ 47 $ 45 $ - $ 1,731 $ 815,881 $ 817,704
Collateral Dependent Financing Receivables [Table Text Block]	(dollars in thousands) 2024 2023 Construction & development $ - $ - Farmland - - Residential - - Commercial mortgage 327 339 Commercial & agricultural - - Consumer & other - - Total Loans $ 327 $ 339
Schedule of Business Acquisition, Carrying Amount of Acquired Loans [Table Text Block]	(dollars in thousands) 2024 2023 Residential $ 95 $ 99 Commercial mortgage 73 77 Outstanding balance $ 168 $ 176 Carrying amount $ 168 $ 176
Financing Receivable, Modified [Table Text Block]	Term Extension Three Months Ended March 31, 2024 Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect Residential $ 24 0.01 % Added an average of 11.92 years to the life of the loan, which resulted in reduced payment. Total $ 24 Combination Term Extension & Interest Rate Reduction Three Months Ended March 31, 2023 Amortized Cost % of Total Loan Financial (dollars in thousands) Basis Type Effect 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. Total $ 9 Payment Status (Amortized Cost Basis) (dollars in thousands) Current 30-89 Days Past Due 90+ Days Past Due March 31, 2024 Construction & development $ - $ - $ - Farmland 582 - - Residential 24 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other 393 - - Total $ 999 $ - $ - March 31, 2023 Construction & development $ - $ - $ - Farmland - - - Residential 38 - - Commercial mortgage - - - Commercial & agricultural - - - Consumer & other - - - Total $ 38 $ - $ -
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, 2023 $ 402 Provision for credit losses - unfunded commitments 46 Balance, March 31, 2024 $ 448 Balance, December 31, 2022 $ 46 Adjustment to allowance for unfunded commitments for adoption of ASU 2016-13 313 Provision for credit losses - unfunded commitments (73 ) Balance, March 31, 2023 $ 286

Note 6 - Deposits (Tables)

Note 6 - Deposits (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Deposit Liabilities, Type [Table Text Block]	March 31, December 31, (dollars in thousands) 2024 2023 Interest-bearing deposits: Interest-bearing demand deposit accounts $ 134,430 $ 136,305 Money market 73,694 70,669 Savings 150,559 152,666 Time deposits 277,846 263,987 Total interest-bearing deposits 636,529 623,627 Noninterest-bearing deposits 293,912 305,115 Total deposits $ 930,441 $ 928,742

Note 7 - Employee Benefit Pla_2

Note 7 - Employee Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	Three Months Ended March 31, (dollars in thousands) 2024 2023 Interest cost $ 31 $ 36 Expected return on plan assets (126 ) (120 ) Recognized net actuarial loss 29 49 Net periodic benefit cost $ (66 ) $ (35 )

Note 8 - Goodwill and Intangi_2

Note 8 - Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	March 31, December 31, (dollars in thousands) 2024 2023 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]	March 31, December 31, (dollars in thousands) 2024 2023 Balance at beginning of year, net of accumulated amortization $ 917 $ 1,286 Amortization expense (80 ) (369 ) Net book value $ 837 $ 917
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(dollars in thousands) Nine months ending December 31, 2024 $ 182 For the year ending December 31, 2025 154 For the year ending December 31, 2026 96 For the year ending December 31, 2027 81 For the year ending December 31, 2028 68 Thereafter 256 Total $ 837

Note 9 - Leases (Tables)

Note 9 - Leases (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Lease, Cost [Table Text Block]	March 31, December 31, (dollars in thousands) 2024 2023 Lease liabilities $ 1,922 $ 1,983 Right-of-use assets $ 2,010 $ 2,073 Weighted average remaining lease term (years) 7.25 7.45 Weighted average discount rate 3.99 % 3.98 % Three Months Ended March 31, (dollars in thousands) 2024 2023 Lease Expense Operating lease expense $ 100 $ 41 Short-term lease expense 2 1 Total lease expense $ 102 $ 42 Cash paid for amounts included in lease liabilities $ 100 $ 41
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	(dollars in thousands) Nine months ending December 31, 2024 $ 296 Twelve months ending December 31, 2025 358 Twelve months ending December 31, 2026 299 Twelve months ending December 31, 2027 258 Twelve months ending December 31, 2028 231 Thereafter 798 Total undiscounted cash flows $ 2,240 Less discount (318 ) Lease liabilities $ 1,922

Note 10 - Share-based Compens_2

Note 10 - Share-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2024
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, 2022 18,850 $ 12.38 Granted - - Vested (8,225 ) 12.21 $ 99 Forfeited - - Unvested as of December 31, 2023 10,625 $ 12.54 Granted 65,000 11.30 Vested - - $ - Forfeited - - Unvested as of March 31, 2024 75,625 $ 11.48

Note 11 - Commitments and Con_2

Note 11 - Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	March 31, December 31, (dollars in thousands) 2024 2023 Commitments to extend credit $ 206,199 $ 195,991 Standby letters of credit 811 583 $ 207,010 $ 196,574

Note 12 - Financial Instrumen_2

Note 12 - Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
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) March 31, 2024 Financial Instruments – Assets Net Loans $ 819,919 $ 782,149 $ - $ - $ 782,149 Financial Instruments – Liabilities Time Deposits 277,846 274,226 - 274,226 - FHLB Advances 30,000 30,037 - 30,037 - December 31, 2023 Financial Instruments – Assets Net Loans $ 810,965 $ 775,246 $ - $ - $ 775,246 Financial Instruments – Liabilities Time Deposits 263,987 260,590 - 260,590 - FHLB Advances 25,000 24,999 - 24,999 -
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2024 Investment securities available for sale U.S. Treasury securities $ 2,445 $ - $ 2,445 $ - U.S. Government agencies 21,224 - 21,224 - Mortgage-backed securities 59,705 - 59,705 - Corporate securities 1,453 - 1,453 - State and municipal securities 37,541 - 37,541 - Total assets at fair value $ 122,368 $ - $ 122,368 $ - December 31, 2023 Investment securities available for sale U.S. Treasury securities $ 2,446 $ - $ 2,446 $ - U.S. Government agencies 21,438 - 21,438 - Mortgage-backed securities 61,697 - 61,697 - Corporate securities 1,442 - 1,442 - State and municipal securities 40,366 - 40,366 - Total assets at fair value $ 127,389 $ - $ 127,389 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	(dollars in thousands) Total Level 1 Level 2 Level 3 March 31, 2024 Individually evaluated loans $ 1,856 $ - - $ 1,856 Total assets at fair value $ 1,856 $ - $ - $ 1,856 (dollars in thousands) Total Level 1 Level 2 Level 3 December 31, 2023 Individually evaluated loans $ 1,635 $ - - $ 1,635 Total assets at fair value $ 1,635 $ - $ - $ 1,635
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Fair Value at March 31, 2024 Fair Value at December 31, 2023 Valuation Technique Significant Unobservable Inputs General Range of Significant Unobservable Input Values Individually Evaluated Loans $ 1,856 $ 1,635 Appraised Value/Discounted Cash Flows/Market Value of Note Discounts to reflect current market conditions, ultimate collectability, and estimated costs to sell 0 – 10%

Note 15 - Capital Requirements

Note 15 - Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Total Capital (to risk weighted assets) $ 105,508 12.48 % $ 67,655 8.00 % $ 84,569 10.00 % Tier 1 Capital (to risk weighted assets) $ 98,295 11.62 % $ 50,741 6.00 % $ 67,655 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 98,295 11.62 % $ 38,056 4.50 % $ 54,970 6.50 % Tier 1 Capital (to average total assets) $ 98,295 9.23 % $ 42,579 4.00 % $ 53,224 5.00 % December 31, 2023 Total Capital (to risk weighted assets) $ 104,800 12.49 % $ 67,130 8.00 % $ 83,913 10.00 % Tier 1 Capital (to risk weighted assets) $ 97,659 11.64 % $ 50,348 6.00 % $ 67,130 8.00 % Common Equity Tier 1 (to risk weighted assets) $ 97,659 11.64 % $ 37,761 4.50 % $ 54,543 6.50 % Tier 1 Capital (to average total assets) $ 97,659 9.26 % $ 42,199 4.00 % $ 52,749 5.00 %

Note 1 - Organization and Sum_3

Note 1 - Organization and Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands		3 Months Ended
	Jan. 01, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Retained Earnings (Accumulated Deficit)		$ 69,638		$ 68,866
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss		543		641
Financing Receivable, Accrued Interest, after Allowance for Credit Loss		2,900		$ 2,800
Advertising Expense		217	$ 135
Fees, Credit and Debit Cards		722	697
Insurance Services Revenue		17	17
Service Charge on Deposit Accounts [Member]
Revenue from Contract with Customer, Including Assessed Tax		551	497
Mortgage Banking [Member]
Revenue from Contract with Customer, Including Assessed Tax		$ 55	$ 84
Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life (Year)		20 years
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease)	$ 592
Retained Earnings (Accumulated Deficit)	(710)
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

Note 1 - Organization and Sum_4

Note 1 - Organization and Summary of Significant Accounting Policies - Property and Equipment Useful Lives (Details)	Mar. 31, 2024
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	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Balance	$ 82,882	$ 72,936
Balance	82,875	76,309
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	(17,964)	(20,942)
Other comprehensive income before reclassifications	(679)	2,628
Amounts reclassified from accumulated other comprehensive income, net of tax	111	0
Balance	(18,532)	(18,314)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(1,376)	(1,964)
Other comprehensive income before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income, net of tax	0	0
Balance	(1,376)	(1,964)
AOCI Attributable to Parent [Member]
Balance	(19,340)	(22,906)
Other comprehensive income before reclassifications	(679)	2,628
Amounts reclassified from accumulated other comprehensive income, net of tax	111	0
Balance	$ (19,908)	$ (20,278)

Note 2 - Restrictions on Cash (

Note 2 - Restrictions on Cash (Details Textual) - USD ($) Pure in Thousands, $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 26, 2020
Reserve Requirements with Federal Reserve, Reserve Requirement Ratio			0%
Reserve Requirements with Federal Reserve	$ 0	$ 0

Note 3 - Investment Securitie_2

Note 3 - Investment Securities (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Restricted Investments	$ 3,609		$ 3,338
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	80
Percentage of Debt Securities with Unrealized Losses Depreciated	16.18%
Proceeds from Sale of Debt Securities, Available-for-Sale	$ 0	$ 0
Proceeds from Calls of Debt Securities, Available-for-sale	2,700	$ 0
Deposit Liabilities, Collateral Issued, Financial Instruments	$ 41,200		$ 36,000

Note 3 - Investment Securitie_3

Note 3 - Investment Securities - Amortized Cost and Fair Value (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Amortized cost	$ 145,826	$ 150,129
Unrealized gains	4	9
Unrealized losses	(23,462)	(22,749)
Investment securities available for sale	122,368	127,389
US Treasury Securities [Member]
Amortized cost	2,509	2,511
Unrealized gains	0	0
Unrealized losses	(64)	(65)
Investment securities available for sale	2,445	2,446
US Government Agencies Debt Securities [Member]
Amortized cost	25,201	25,165
Unrealized gains	0	0
Unrealized losses	(3,977)	(3,727)
Investment securities available for sale	21,224	21,438
Collateralized Mortgage-Backed Securities [Member]
Amortized cost	70,134	71,617
Unrealized gains	0	0
Unrealized losses	(10,429)	(9,920)
Investment securities available for sale	59,705	61,697
Corporate Debt Securities [Member]
Amortized cost	1,500	1,500
Unrealized gains	0	0
Unrealized losses	(47)	(58)
Investment securities available for sale	1,453	1,442
US States and Political Subdivisions Debt Securities [Member]
Amortized cost	46,482	49,336
Unrealized gains	4	9
Unrealized losses	(8,945)	(8,979)
Investment securities available for sale	$ 37,541	$ 40,366

Note 3 - Investment Securitie_4

Note 3 - Investment Securities - Continuous Unrealized Loss Positions (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Less than 12 months, fair value	$ 1,199	$ 2,663
Less than 12 months, unrealized losses	(330)	(368)
12 months or more, fair value	120,335	123,757
12 months or more, unrealized losses	(23,132)	(22,381)
Fair value	121,534	126,420
Unrealized losses	(23,462)	(22,749)
US Treasury Securities [Member]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
12 months or more, fair value	2,445	2,446
12 months or more, unrealized losses	(64)	(65)
Fair value	2,445	2,446
Unrealized losses	(64)	(65)
US Government Agencies Debt Securities [Member]
Less than 12 months, fair value	0	0
Less than 12 months, unrealized losses	0	0
12 months or more, fair value	21,224	21,438
12 months or more, unrealized losses	(3,977)	(3,727)
Fair value	21,224	21,438
Unrealized losses	(3,977)	(3,727)
Collateralized Mortgage-Backed Securities [Member]
Less than 12 months, fair value	4	5
Less than 12 months, unrealized losses	0	0
12 months or more, fair value	59,701	61,692
12 months or more, unrealized losses	(10,429)	(9,920)
Fair value	59,705	61,697
Unrealized losses	(10,429)	(9,920)
Corporate Debt Securities [Member]
Less than 12 months, fair value	0	1,442
Less than 12 months, unrealized losses	0	(58)
12 months or more, fair value	1,453	0
12 months or more, unrealized losses	(47)	0
Fair value	1,453	1,442
Unrealized losses	(47)	(58)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value	1,195	1,216
Less than 12 months, unrealized losses	(330)	(310)
12 months or more, fair value	35,512	38,181
12 months or more, unrealized losses	(8,615)	(8,669)
Fair value	36,707	39,397
Unrealized losses	$ (8,945)	$ (8,979)

Note 3 - Investment Securitie_5

Note 3 - Investment Securities - Realized Gains and Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Realized gains	$ 0	$ 0
Realized losses	(141)	0
Debt Securities, Available-for-Sale, Realized Gain (Loss)	$ (141)	$ 0

Note 3 - Investment Securitie_6

Note 3 - Investment Securities - Maturities of Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Due in one year or less, amortized cost	$ 120
Due in one year or less, fair value	123
Due after one year through five years, amortized cost	16,554
Due after one year through five years, fair value	15,432
Due after five years through ten years, amortized cost	69,386
Due after five years through ten years, fair value	59,204
Due after ten years, amortized cost	59,766
Due after ten years, fair value	47,609
Amortized cost	145,826	$ 150,129
Fair value	$ 122,368	$ 127,389

Note 4 - Loans Receivable (Deta

Note 4 - Loans Receivable (Details Textual) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Financing Receivable, Deferred Commitment Fee	$ 1.5	$ 1.4
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)	4.8	4.7
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	$ 2.9	$ 2.8

Note 4 - Loans Receivable - Com

Note 4 - Loans Receivable - Components of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Loans receivable	$ 826,684	$ 817,704
Allowance for credit losses	(6,765)	(6,739)	$ (6,819)	$ (6,248)
Loans, net of allowance for credit losses	819,919	810,965
Construction and Development Loan [Member]
Loans receivable	50,900	53,473
Allowance for credit losses	(762)	(910)	(950)	(526)
Farmland Loan [Member]
Loans receivable	24,345	25,598
Allowance for credit losses	(177)	(154)	(154)	(259)
Residential Loan [Member]
Loans receivable	410,581	400,947
Allowance for credit losses	(3,253)	(3,167)	(3,109)	(2,820)
Commercial Mortgage Loan [Member]
Loans receivable	276,407	269,666
Allowance for credit losses	(1,956)	(1,902)	(2,019)	(2,197)
Commercial and Agricultural Loan [Member]
Loans receivable	50,294	47,681
Allowance for credit losses	(446)	(424)	(408)	(312)
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	50,294	47,681
Consumer and Other Loan [Member]
Loans receivable	14,157	20,339
Allowance for credit losses	$ (171)	$ (182)	$ (179)	$ (134)

Note 5 - Allowance for Credit_3

Note 5 - Allowance for Credit Losses (Details Textual) Pure in Thousands, $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Purchased with Credit Deterioration, Amount at Purchase Price	$ 0	$ 0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0

Note 5 - Allowance for Credit_4

Note 5 - Allowance for Credit Losses - Allowance for Loan Losses and Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Balance	$ 6,739	$ 6,248	$ 6,248
Charge-offs	(38)	(34)	(110)
Recoveries	17	46
Provision	47	(33)
Provision	47	(33)
Balance	6,765	6,819	6,739
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		592	592
Construction and Development Loan [Member]
Balance	910	526	526
Charge-offs	0	0	0
Recoveries	0	1
Provision	(148)	15
Provision	(148)	15
Balance	762	950	910
Construction and Development Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		408	408
Farmland Loan [Member]
Balance	154	259	259
Charge-offs	0	0	0
Recoveries	0	29
Provision	23	(26)
Provision	23	(26)
Balance	177	154	154
Farmland Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		(108)	(108)
Residential Loan [Member]
Balance	3,167	2,820	2,820
Charge-offs	0	0	0
Recoveries	8	0
Provision	78	10
Provision	78	10
Balance	3,253	3,109	3,167
Residential Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		279	279
Commercial Mortgage Loan [Member]
Balance	1,902	2,197	2,197
Charge-offs	0	0	0
Recoveries	1	8
Provision	53	(67)
Provision	53	(67)
Balance	1,956	2,019	1,902
Commercial Mortgage Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		(119)	(119)
Commercial and Agricultural Loan [Member]
Balance	424	312	312
Charge-offs	(16)	0	0
Recoveries	1	1
Provision	37	11
Provision	37	11
Balance	446	408	424
Commercial and Agricultural Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		84	84
Consumer and Other Loan [Member]
Balance	182	134	134
Charge-offs	(22)	(34)	(110)
Recoveries	7	7
Provision	4	24
Provision	4	24
Balance	$ 171	179	182
Consumer and Other Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		$ 48	$ 48

Note 5 - Allowance for Credit_5

Note 5 - Allowance for Credit Losses - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Loans receivable	$ 826,684		$ 817,704
Originated current year	30,180		136,158
Originated prior year	131,693		172,238
Originated two years prior	168,974		127,019
Originated three years prior	119,761		96,954
Originated four years prior	94,087		44,942
Originated years prior	185,434		146,008
Revolving	96,417		93,187
Revolving converted to term	138		1,198
Originated current year, write-offs	0		27
Originated prior year, write-offs	23		33
Originated two years prior, write-offs	4		14
Originated three years prior, write-offs	2		8
Originated four years prior, write-offs	2		5
Originated years prior, write-offs	7		23
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	38	$ 34	110
Construction and Development Loan [Member]
Loans receivable	50,900		53,473
Originated current year	7,057		15,743
Originated prior year	18,018		8,291
Originated two years prior	6,282		12,974
Originated three years prior	6,832		1,742
Originated four years prior	1,643		2,552
Originated years prior	8,771		6,492
Revolving	2,297		5,679
Revolving converted to term	0		0
Originated current year, write-offs	0		0
Originated prior year, write-offs	0		0
Originated two years prior, write-offs	0		0
Originated three years prior, write-offs	0		0
Originated four years prior, write-offs	0		0
Originated years prior, write-offs	0		0
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	0	0	0
Farmland Loan [Member]
Loans receivable	24,345		25,598
Originated current year	205		4,750
Originated prior year	4,486		2,376
Originated two years prior	2,325		1,448
Originated three years prior	1,443		2,764
Originated four years prior	2,574		1,373
Originated years prior	12,054		11,163
Revolving	1,258		1,724
Revolving converted to term	0		0
Originated current year, write-offs	0		0
Originated prior year, write-offs	0		0
Originated two years prior, write-offs	0		0
Originated three years prior, write-offs	0		0
Originated four years prior, write-offs	0		0
Originated years prior, write-offs	0		0
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	0	0	0
Residential Loan [Member]
Loans receivable	410,581		400,947
Originated current year	11,169		56,921
Originated prior year	55,517		99,100
Originated two years prior	99,693		54,974
Originated three years prior	53,641		47,099
Originated four years prior	46,250		17,527
Originated years prior	80,024		63,740
Revolving	64,149		60,520
Revolving converted to term	138		1,066
Originated current year, write-offs	0		0
Originated prior year, write-offs	0		0
Originated two years prior, write-offs	0		0
Originated three years prior, write-offs	0		0
Originated four years prior, write-offs	0		0
Originated years prior, write-offs	0		0
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	0	0	0
Commercial Mortgage Loan [Member]
Loans receivable	276,407		269,666
Originated current year	7,649		36,852
Originated prior year	37,921		53,022
Originated two years prior	51,834		49,885
Originated three years prior	51,083		43,510
Originated four years prior	42,021		22,069
Originated years prior	78,807		59,778
Revolving	7,092		4,447
Revolving converted to term	0		103
Originated current year, write-offs	0		0
Originated prior year, write-offs	0		0
Originated two years prior, write-offs	0		0
Originated three years prior, write-offs	0		0
Originated four years prior, write-offs	0		0
Originated years prior, write-offs	0		0
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	0	0	0
Commercial and Agricultural Loan [Member]
Loans receivable	50,294		47,681
Originated current year	3,188		12,056
Originated prior year	12,038		6,583
Originated two years prior	6,285		4,931
Originated three years prior	4,330		1,610
Originated four years prior	1,426		622
Originated years prior	2,143		1,771
Revolving	20,884		20,079
Revolving converted to term	0		29
Originated current year, write-offs	0		0
Originated prior year, write-offs	16		0
Originated two years prior, write-offs	0		0
Originated three years prior, write-offs	0		0
Originated four years prior, write-offs	0		0
Originated years prior, write-offs	0		0
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	16	0	0
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	50,294		47,681
Consumer and Other Loan [Member]
Loans receivable	14,157		20,339
Originated current year	912		9,836
Originated prior year	3,713		2,866
Originated two years prior	2,555		2,807
Originated three years prior	2,432		229
Originated four years prior	173		799
Originated years prior	3,635		3,064
Revolving	737		738
Revolving converted to term	0		0
Originated current year, write-offs	0		27
Originated prior year, write-offs	7		33
Originated two years prior, write-offs	4		14
Originated three years prior, write-offs	2		8
Originated four years prior, write-offs	2		5
Originated years prior, write-offs	7		23
Revolving, write-offs	0		0
Revolving converted to term, write-offs	0		0
Current period gross write-offs	22	$ 34	110
Pass [Member]
Loans receivable	817,562		810,030
Originated current year	30,180		136,158
Originated prior year	131,693		172,234
Originated two years prior	168,944		126,507
Originated three years prior	117,801		94,651
Originated four years prior	91,756		44,885
Originated years prior	181,246		141,740
Revolving	95,804		92,671
Revolving converted to term	138		1,184
Pass [Member] | Construction and Development Loan [Member]
Loans receivable	50,814		53,444
Originated current year	7,057		15,743
Originated prior year	18,018		8,291
Originated two years prior	6,282		12,945
Originated three years prior	6,802		1,742
Originated four years prior	1,599		2,552
Originated years prior	8,771		6,492
Revolving	2,285		5,679
Revolving converted to term	0		0
Pass [Member] | Farmland Loan [Member]
Loans receivable	22,021		23,329
Originated current year	205		4,750
Originated prior year	4,486		2,376
Originated two years prior	2,325		1,448
Originated three years prior	1,443		2,764
Originated four years prior	2,574		1,365
Originated years prior	9,830		9,019
Revolving	1,158		1,607
Revolving converted to term	0		0
Pass [Member] | Residential Loan [Member]
Loans receivable	409,950		400,432
Originated current year	11,169		56,921
Originated prior year	55,517		99,100
Originated two years prior	99,693		54,974
Originated three years prior	53,641		46,877
Originated four years prior	46,030		17,527
Originated years prior	79,613		63,461
Revolving	64,149		60,520
Revolving converted to term	138		1,052
Pass [Member] | Commercial Mortgage Loan [Member]
Loans receivable	270,940		265,441
Originated current year	7,649		36,852
Originated prior year	37,921		53,022
Originated two years prior	51,834		49,799
Originated three years prior	49,546		41,429
Originated four years prior	39,954		22,069
Originated years prior	77,445		58,119
Revolving	6,591		4,048
Revolving converted to term	0		103
Pass [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	50,110		47,481
Originated current year	3,188		12,056
Originated prior year	12,038		6,579
Originated two years prior	6,255		4,931
Originated three years prior	4,330		1,610
Originated four years prior	1,426		573
Originated years prior	1,989		1,624
Revolving	20,884		20,079
Revolving converted to term	0		29
Pass [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable			47,481
Pass [Member] | Consumer and Other Loan [Member]
Loans receivable	13,727		19,903
Originated current year	912		9,836
Originated prior year	3,713		2,866
Originated two years prior	2,555		2,410
Originated three years prior	2,039		229
Originated four years prior	173		799
Originated years prior	3,598		3,025
Revolving	737		738
Revolving converted to term	0		0
Watch [Member]
Loans receivable	3,991		2,542
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	1,454		2,294
Originated four years prior	2,323		0
Originated years prior	113		248
Revolving	101		0
Revolving converted to term	0		0
Watch [Member] | Construction and Development Loan [Member]
Loans receivable	44		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	44		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Farmland Loan [Member]
Loans receivable	113		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	113		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Residential Loan [Member]
Loans receivable	212		213
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		213
Originated four years prior	212		0
Originated years prior	0		0
Revolving	0		0
Revolving converted to term	0		0
Watch [Member] | Commercial Mortgage Loan [Member]
Loans receivable	3,622		2,329
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	1,454		2,081
Originated four years prior	2,067		0
Originated years prior	0		248
Revolving	101		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			0
Watch [Member] | Consumer and Other 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
Special Mention [Member]
Loans receivable	988		999
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		9
Originated four years prior	8		24
Originated years prior	880		866
Revolving	100		100
Revolving converted to term	0		0
Special Mention [Member] | Construction and Development 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
Special Mention [Member] | Farmland Loan [Member]
Loans receivable	734		737
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	634		637
Revolving	100		100
Revolving converted to term	0		0
Special Mention [Member] | Residential Loan [Member]
Loans receivable	35		36
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		0
Originated three years prior	0		9
Originated four years prior	8		0
Originated years prior	27		27
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Commercial Mortgage Loan [Member]
Loans receivable	201		202
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	201		202
Revolving	0		0
Revolving converted to term	0		0
Special Mention [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	18		24
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		24
Originated years prior	18		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			24
Special Mention [Member] | Consumer and Other 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
Substandard [Member]
Loans receivable	4,143		4,133
Originated current year	0		0
Originated prior year	0		4
Originated two years prior	30		512
Originated three years prior	506		0
Originated four years prior	0		33
Originated years prior	3,195		3,154
Revolving	412		416
Revolving converted to term	0		14
Substandard [Member] | Construction and Development Loan [Member]
Loans receivable	42		29
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		29
Originated three years prior	30		0
Originated four years prior	0		0
Originated years prior	0		0
Revolving	12		0
Revolving converted to term	0		0
Substandard [Member] | Farmland Loan [Member]
Loans receivable	1,477		1,532
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		8
Originated years prior	1,477		1,507
Revolving	0		17
Revolving converted to term	0		0
Substandard [Member] | Residential Loan [Member]
Loans receivable	384		266
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	384		252
Revolving	0		0
Revolving converted to term	0		14
Substandard [Member] | Commercial Mortgage Loan [Member]
Loans receivable	1,644		1,694
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		86
Originated three years prior	83		0
Originated four years prior	0		0
Originated years prior	1,161		1,209
Revolving	400		399
Revolving converted to term	0		0
Substandard [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	166		176
Originated current year	0		0
Originated prior year	0		4
Originated two years prior	30		0
Originated three years prior	0		0
Originated four years prior	0		25
Originated years prior	136		147
Revolving	0		0
Revolving converted to term	0		0
Substandard [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable			176
Substandard [Member] | Consumer and Other Loan [Member]
Loans receivable	430		436
Originated current year	0		0
Originated prior year	0		0
Originated two years prior	0		397
Originated three years prior	393		0
Originated four years prior	0		0
Originated years prior	37		39
Revolving	0		0
Revolving converted to term	$ 0		$ 0

Note 5 - Allowance for Credit_6

Note 5 - Allowance for Credit Losses - Nonaccrual Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Nonaccrual with no allowance	$ 720		$ 1,051
Nonaccrual	1,790		1,731
Nonaccrual interest	3	$ 16
Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	1,070		680
Construction and Development Loan [Member]
Nonaccrual with no allowance	0		0
Nonaccrual	29		29
Nonaccrual interest	0	0
Construction and Development Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	29		29
Farmland Loan [Member]
Nonaccrual with no allowance	0		314
Nonaccrual	381		400
Nonaccrual interest	0	0
Farmland Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	381		86
Residential Loan [Member]
Nonaccrual with no allowance	0		0
Nonaccrual	342		221
Nonaccrual interest	3	16
Residential Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	342		221
Commercial Mortgage Loan [Member]
Nonaccrual with no allowance	327		339
Nonaccrual	477		515
Nonaccrual interest	0	0
Commercial Mortgage Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	150		176
Commercial and Agricultural Loan [Member]
Nonaccrual with no allowance	0		0
Nonaccrual	130		130
Nonaccrual interest	0	0
Commercial and Agricultural Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	130		130
Consumer and Other Loan [Member]
Nonaccrual with no allowance	393		398
Nonaccrual	431		436
Nonaccrual interest	0	$ 0
Consumer and Other Loan [Member] | Nonaccrual with Allowance for Credit Loss [Member]
Nonaccrual	$ 38		$ 38

Note 5 - Allowance for Credit_7

Note 5 - Allowance for Credit Losses - Analysis of Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Loans receivable	$ 826,684	$ 817,704
Construction and Development Loan [Member]
Loans receivable	50,900	53,473
Farmland Loan [Member]
Loans receivable	24,345	25,598
Residential Loan [Member]
Loans receivable	410,581	400,947
Commercial Mortgage Loan [Member]
Loans receivable	276,407	269,666
Commercial and Agricultural Loan [Member]
Loans receivable	50,294	47,681
Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable	50,294	47,681
Consumer and Other Loan [Member]
Loans receivable	14,157	20,339
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	340	47
Financial Asset, 30 to 59 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	240	0
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	71	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	29	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		35
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	0	12
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	43	45
Financial Asset, 60 to 89 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Farmland Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Loan [Member]
Loans receivable	43	45
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	0
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	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	0	0
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	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	0	0
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		0
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	1,790	1,731
Financial Asset, Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	29	29
Financial Asset, Past Due [Member] | Farmland Loan [Member]
Loans receivable	381	400
Financial Asset, Past Due [Member] | Residential Loan [Member]
Loans receivable	342	221
Financial Asset, Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	477	515
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	130
Financial Asset, Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		130
Financial Asset, Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	431	436
Financial Asset, Not Past Due [Member]
Loans receivable	824,511	815,881
Financial Asset, Not Past Due [Member] | Construction and Development Loan [Member]
Loans receivable	50,871	53,444
Financial Asset, Not Past Due [Member] | Farmland Loan [Member]
Loans receivable	23,724	25,198
Financial Asset, Not Past Due [Member] | Residential Loan [Member]
Loans receivable	410,125	400,681
Financial Asset, Not Past Due [Member] | Commercial Mortgage Loan [Member]
Loans receivable	275,901	269,151
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member]
Loans receivable	50,164
Financial Asset, Not Past Due [Member] | Commercial and Agricultural Loan [Member] | Including SBA-PPP Loans [Member]
Loans receivable		47,516
Financial Asset, Not Past Due [Member] | Consumer and Other Loan [Member]
Loans receivable	$ 13,726	$ 19,891

Note 5 - Allowance for Credit_8

Note 5 - Allowance for Credit Losses - Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Loans receivable	$ 826,684	$ 817,704
Collateral Pledged [Member]
Loans receivable	327	339
Construction and Development Loan [Member]
Loans receivable	50,900	53,473
Construction and Development Loan [Member] | Collateral Pledged [Member]
Loans receivable	0	0
Farmland Loan [Member]
Loans receivable	24,345	25,598
Farmland Loan [Member] | Collateral Pledged [Member]
Loans receivable	0	0
Residential Loan [Member]
Loans receivable	410,581	400,947
Residential Loan [Member] | Collateral Pledged [Member]
Loans receivable	0	0
Commercial Mortgage Loan [Member]
Loans receivable	276,407	269,666
Commercial Mortgage Loan [Member] | Collateral Pledged [Member]
Loans receivable	327	339
Commercial and Agricultural Loan [Member]
Loans receivable	50,294	47,681
Commercial and Agricultural Loan [Member] | Collateral Pledged [Member]
Loans receivable	0	0
Consumer and Other Loan [Member]
Loans receivable	14,157	20,339
Consumer and Other Loan [Member] | Collateral Pledged [Member]
Loans receivable	$ 0	$ 0

Note 5 - Allowance for Credit_9

Note 5 - Allowance for Credit Losses - Carrying Amount of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Loans receivable	$ 826,684	$ 817,704
Carrying amount	819,919	810,965
Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	168	176
Carrying amount	168	176
Residential Loan [Member]
Loans receivable	410,581	400,947
Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	95	99
Commercial Mortgage Loan [Member]
Loans receivable	276,407	269,666
Commercial Mortgage Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member]
Loans receivable	$ 73	$ 77

Note 5 - Allowance for Credi_10

Note 5 - Allowance for Credit Losses - Modified Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Modified loans	$ 24	$ 9
Financial Asset, Not Past Due [Member]
Modified loans	999	38
Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	0
Construction and Development Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	0	0
Construction and Development Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Construction and Development Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	0
Farmland Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	582	0
Farmland Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Farmland Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	$ 0
Residential Loan [Member] | Contractual Interest Rate Reduction [Member] | Maximum [Member]
Weighted Average Interest Rate Decrease		8.75%
Residential Loan [Member] | Contractual Interest Rate Reduction [Member] | Minimum [Member]
Weighted Average Interest Rate Decrease		5.75%
Residential Loan [Member] | Extended Maturity and Interest Rate Reduction [Member]
Modified loans	$ 24	$ 9
Modified percentage of loans	0.01%	0%
Residential Loan [Member] | Extended Maturity [Member]
Residential (Year)	11 years 11 months 1 day	3 years 10 months 9 days
Residential Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	$ 24	$ 38
Residential Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Residential Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	0
Commercial Mortgage Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	0	0
Commercial Mortgage Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Commercial Mortgage Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	0
Commercial and Agricultural Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	0	0
Commercial and Agricultural Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Commercial and Agricultural Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	0	0
Consumer and Other Loan [Member] | Financial Asset, Not Past Due [Member]
Modified loans	393	0
Consumer and Other Loan [Member] | Thirty to Ninety Days Past Due [Member]
Modified loans	0	0
Consumer and Other Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Modified loans	$ 0	$ 0

Note 5 - Allowance for Credi_11

Note 5 - Allowance for Credit Losses - Allowance for Credit Loss on Unfunded Loan Commitments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Balance	$ 6,739	$ 6,248
Provision for credit losses - unfunded commitments	93	(106)
Provision for credit losses - unfunded commitments	93	(106)
Balance	6,765	6,819
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		592
Unfunded Loan Commitment [Member]
Balance	402	46
Provision for credit losses - unfunded commitments	46	(73)
Provision for credit losses - unfunded commitments	46	(73)
Balance	$ 448	286
Unfunded Loan Commitment [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Balance		$ 313

Note 6 - Deposits (Details Text

Note 6 - Deposits (Details Textual) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Time Deposits, at or Above FDIC Insurance Limit	$ 83.9	$ 78.6

Note 6 - Deposits - Deposits (D

Note 6 - Deposits - Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Interest-bearing demand deposit accounts	$ 134,430	$ 136,305
Money market	73,694	70,669
Savings	150,559	152,666
Time deposits	277,846	263,987
Total interest-bearing deposits	636,529	623,627
Noninterest-bearing	293,912	305,115
Total deposits	$ 930,441	$ 928,742

Note 7 - Employee Benefit Pla_3

Note 7 - Employee Benefit Plans - Amounts Recognized in Balance Sheet (Details) - Grayson Plan [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest cost	$ 31	$ 36
Expected return on plan assets	(126)	(120)
Recognized net actuarial loss	29	49
Net periodic benefit cost	$ (66)	$ (35)

Note 8 - Goodwill and Intangi_3

Note 8 - Goodwill and Intangible Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Amortization of Intangible Assets	$ 80	$ 105

Note 8 - Goodwill and Intangi_4

Note 8 - Goodwill and Intangible Assets - Change in Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Beginning of year	$ 3,257	$ 3,257
Impairment	0	0
End of the period	$ 3,257	$ 3,257

Note 8 - Goodwill and Intangi_5

Note 8 - Goodwill and Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Net book value, balance	$ 917
Net book value, balance	837	$ 917
Core Deposits [Member]
Net book value, balance	917	1,286
Amortization expense	(80)	(369)
Net book value, balance	$ 837	$ 917

Note 8 - Goodwill and Intangi_6

Note 8 - Goodwill and Intangible Assets - Estimated Future Amortization (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Nine months ending December 31, 2024	$ 182
For the year ending December 31, 2025	154
For the year ending December 31, 2026	96
For the year ending December 31, 2027	81
For the year ending December 31, 2028	68
Thereafter	256
Total	$ 837	$ 917

Note 9 - Leases (Details Textua

Note 9 - Leases (Details Textual) - USD ($) $ in Thousands	1 Months Ended
	Aug. 31, 2023	Jun. 30, 2023
Operating Lease, Initial Direct Cost		$ 95
Sale and Leaseback Transaction, Gain (Loss), Net	$ 197
Sale Leaseback Transaction, Lease Term (Year)	2 years

Note 9 - Leases - Lease Expense

Note 9 - Leases - Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Lease liabilities	$ 1,922	$ 1,983
Right-of-use assets	$ 2,010	$ 2,073
Weighted average remaining lease term (years) (Year)	7 years 3 months	7 years 5 months 12 days
Weighted average discount rate	3.99%	3.98%
Operating lease expense	$ 100	$ 41
Short-term lease expense	2	1
Total lease expense	102	42
Cash paid for amounts included in lease liabilities	$ 100	$ 41

Note 9 - Leases - Maturity Sche

Note 9 - Leases - Maturity Schedule of Undiscounted Cash flow (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Nine months ending December 31, 2024	$ 296
Twelve months ending December 31, 2025	358
Twelve months ending December 31, 2026	299
Twelve months ending December 31, 2027	258
Twelve months ending December 31, 2028	231
Thereafter	798
Total undiscounted cash flows	2,240
Less discount	(318)
Lease liabilities	$ 1,922	$ 1,983

Note 10 - Share-based Compens_3

Note 10 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		12 Months Ended
	Mar. 28, 2024	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		124,900
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		175,100
Share-Based Payment Arrangement, Expense		$ 19	$ 20
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount		$ 847
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		4 years 4 months 17 days
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	65,000	65,000		0
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)		$ 11.3		$ 0
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)	$ 11.3
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		300,000

Note 10 - Share-based Compens_4

Note 10 - Share-based Compensation - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended	12 Months Ended
	Mar. 28, 2024	Mar. 31, 2024	Dec. 31, 2023
Balance (in shares)		10,625	18,850
Balance, weighted average grant date fair value (in dollars per share)		$ 12.54	$ 12.38
Granted (in shares)	65,000	65,000	0
Granted, weighted average grant date fair value (in dollars per share)		$ 11.3	$ 0
Vested (in shares)		0	(8,225)
Vested, weighted average grant date fair value (in dollars per share)		$ 0	$ 12.21
Vested, fair value		$ 0	$ 99
Forfeited (in shares)		0	0
Balance (in shares)		75,625	10,625
Balance, weighted average grant date fair value (in dollars per share)		$ 11.48	$ 12.54

Note 11 - Commitments and Con_3

Note 11 - Commitments and Contingencies - Summary of Bank's Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financial instruments with off balance sheet risk	$ 207,010	$ 196,574
Commitments to Extend Credit [Member]
Financial instruments with off balance sheet risk	206,199	195,991
Standby Letters of Credit [Member]
Financial instruments with off balance sheet risk	$ 811	$ 583

Note 12 - Financial Instrumen_3

Note 12 - Financial Instruments (Details Textual) Pure in Thousands, $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Number of Derivative Instruments Held	0	0
Repossessed Assets	$ 0	$ 0
Fair Value, Recurring [Member]
Liabilities, Fair Value Disclosure	$ 0	$ 0

Note 12 - Financial Instrumen_4

Note 12 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Reported Value Measurement [Member]
Net Loans	$ 819,919	$ 810,965
Time Deposits	277,846	263,987
FHLB Advances	30,000	25,000
Estimate of Fair Value Measurement [Member]
Net Loans	782,149	775,246
Time Deposits	274,226	260,590
FHLB Advances	30,037	24,999
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Net Loans	0	0
Time Deposits	274,226	260,590
FHLB Advances	30,037	24,999
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Net Loans	782,149	775,246
FHLB Advances	$ 0	$ 0

Note 12 - Financial Instrumen_5

Note 12 - Financial Instruments - Assets Recorded at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investment securities available for sale	$ 122,368	$ 127,389
Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	122,368	127,389
US Treasury Securities [Member]
Investment securities available for sale	2,445	2,446
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	2,445	2,446
US Government Agencies Debt Securities [Member]
Investment securities available for sale	21,224	21,438
US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	21,224	21,438
Collateralized Mortgage-Backed Securities [Member]
Investment securities available for sale	59,705	61,697
Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	59,705	61,697
Corporate Debt Securities [Member]
Investment securities available for sale	1,453	1,442
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	1,453	1,442
US States and Political Subdivisions Debt Securities [Member]
Investment securities available for sale	37,541	40,366
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	$ 37,541	$ 40,366

Note 12 - Financial Instrumen_6

Note 12 - Financial Instruments - Assets Recorded at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets at fair value		$ 1,635
Fair Value, Inputs, Level 1 [Member]
Assets at fair value		0
Fair Value, Inputs, Level 2 [Member]
Assets at fair value		0
Fair Value, Inputs, Level 3 [Member]
Assets at fair value		1,635
Impaired Loans [Member]
Assets at fair value	$ 1,856	1,635
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0	0
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0	0
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	1,856	$ 1,635
Other Real Estate Owned [Member]
Assets at fair value	1,856
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member]
Assets at fair value	0
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member]
Assets at fair value	0
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Assets at fair value	$ 1,856

Note 12 - Financial Instrumen_7

Note 12 - Financial Instruments - Significant Unobservable Inputs Used Fair Value Measurements (Details) - Individually Evaluated Loans [Member] $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023	Dec. 31, 2022 USD ($)
Assets at fair value	$ 1,856		$ 1,635
Minimum [Member]
Impaired Loans		0
Maximum [Member]
Impaired Loans		0.10

Note 13 - Short-term Borrowin_2

Note 13 - Short-term Borrowings (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Federal Home Loan Bank, Advance	$ 15,000	$ 25,000
Federal Home Loan Bank, Advances, Interest Rate	5%	5.45%
Line of Credit Facility, Current Borrowing Capacity	$ 231,400
Federal Reserve Bank Advances [Member]
Short-Term Debt	$ 15,000	$ 2,500
Debt Instrument, Interest Rate, Stated Percentage	5.45%	5.46%
Repayments of Debt	$ 2,500
Payment for Debt Extinguishment or Debt Prepayment Cost	0
Unsecured Lines of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity	$ 73,000

Note 14 - Long-term Borrowings

Note 14 - Long-term Borrowings (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Long-Term Debt	$ 0	$ 0

Note 15 - Capital Requirement_2

Note 15 - Capital Requirements (Details Textual) $ in Billions	Mar. 31, 2024 USD ($)
Federal Home Loan Bank, Leverage Ratio, Actual	9%
FDIC Indemnification Asset	$ 10

Note 15 - Capital Requirement_3

Note 15 - Capital Requirements - Capital Amounts and Ratios (Details)	Mar. 31, 2024 USD ($)	Dec. 31, 2022 USD ($)
Capital	$ 105,508	$ 104,800
Capital, ratio	0.1248	0.1249
Capital required for capital adequacy	$ 67,655	$ 67,130
Capital required for capital adequacy, ratio	0.08	0.08
Capital required to be well capitalized	$ 84,569	$ 83,913
Capital required to be well capitalized, ratio	0.10	0.10
Tier 1 capital risk	$ 98,295	$ 97,659
Tier 1 capital risk, raio	0.1162	0.1164
Tier 1 Capital risk required for capital adequacy	$ 50,741	$ 50,348
Tier 1 Capital risk required for capital adequacy, ratio	0.06	0.06
Tier 1 Capital risk required to be well capitalized	$ 67,655	$ 67,130
Tier 1 Capital risk required to be well capitalized, ratio	0.08	0.08
Common equity Tier 1	$ 98,295	$ 97,659
Common equity Tier 1, raio	0.1162	0.1164
Common equity Tier 1 required for capital adequacy	$ 38,056	$ 37,761
Common equity Tier 1 required for capital adequacy, raio	0.045	0.045
Common equity Tier 1 required to be well capitalized	$ 54,970	$ 54,543
Common equity Tier 1 required to be well capitalized, ratio	0.065	0.065
Tier 1 capital average	$ 98,295	$ 97,659
Tier 1 capital average, ratio	0.0923	0.0926
Tier 1 capital average required for capital adequacy	$ 42,579	$ 42,199
Tier 1 capital average required for capital adequacy, ratio	0.04	0.04
Tier 1 capital average required to be well capitalized	$ 53,224	$ 52,749
Tier 1 capital average required to be well capitalized, ratio	0.05	0.05

Note 16 - Subsequent Events (De

Note 16 - Subsequent Events (Details Textual) - Johnson County Bank [Member] - Subsequent Event [Member] $ / shares in Units, $ in Millions	Apr. 16, 2024 USD ($) $ / shares
Business Combination, Consideration Transferred | $	$ 25
Business Acquisition, Share Price (in dollars per share) | $ / shares	$ 312.5