First National (FXNC) 10-K 13 Mar 20 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Mar. 12, 2020	Jun. 30, 2019
Document Information [Line Items]
Entity Registrant Name	FIRST NATIONAL CORP /VA/
Entity Central Index Key	0000719402
Trading Symbol	fxnc
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		4,974,925
Entity Public Float			$ 90,189,348
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Title of 12(b) Security	Common stock, par value $1.25 per share

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 9,675	$ 13,378
Interest-bearing deposits in banks	36,110	15,240
Securities available for sale, at fair value	120,983	99,857
Securities held to maturity, at carrying value (fair value, 2019, $17,646; 2018, $42,394)	17,627	43,408
Restricted securities, at cost	1,806	1,688
Loans held for sale	167	419
Loans, net of allowance for loan losses, 2019, $4,934, 2018, $5,009	569,412	537,847
Premises and equipment, net	19,747	20,066
Accrued interest receivable	2,065	2,113
Bank owned life insurance	17,447	13,991
Core deposit intangibles, net	170	472
Other assets	4,839	4,490
Total assets	800,048	752,969
Liabilities
Noninterest-bearing demand deposits	189,623	181,964
Savings and interest-bearing demand deposits	399,255	369,383
Time deposits	117,564	119,219
Total deposits	706,442	670,566
Subordinated debt	4,983	4,965
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	2,125	1,485
Total liabilities	722,829	686,295
Shareholders’ Equity
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2019, 4,969,716 shares, 2018, 4,957,694 shares	6,212	6,197
Surplus	7,700	7,471
Retained earnings	62,583	54,814
Accumulated other comprehensive income (loss), net	724	(1,808)
Total shareholders’ equity	77,219	66,674
Total liabilities and shareholders’ equity	$ 800,048	$ 752,969

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Securities, fair value	$ 17,646	$ 42,394
Allowance for loan losses	$ 4,934	$ 5,009
Preferred stock, par value (in dollars per share)	$ 1.25	$ 1.25
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 1.25	$ 1.25
Common stock, shares authorized (in shares)	8,000,000	8,000,000
Common stock, shares issued (in shares)	4,969,716	4,957,694
Common stock, shares outstanding (in shares)	4,969,716	4,957,694

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest and Dividend Income
Interest and fees on loans	$ 28,958	$ 26,874
Interest on deposits in banks	503	539
Interest and dividends on securities:
Taxable interest	2,705	3,024
Tax-exempt interest	628	610
Dividends	103	91
Total interest and dividend income	32,897	31,138
Interest Expense
Interest on deposits	4,104	2,755
Interest on federal funds purchased	1
Interest on subordinated debt	360	360
Interest on junior subordinated debt	420	397
Interest on other borrowings	2
Total interest expense	4,887	3,512
Net interest income	28,010	27,626
Provision for loan losses	450	600
Net interest income after provision for loan losses	27,560	27,026
Noninterest Income
Noninterest income	7,810	7,717
Income from bank owned life insurance	456	840
Net gains (losses) on securities available for sale	1	(1)
Net gains on sale of loans	170	86
Other operating income	115	515
Total noninterest income	8,552	9,157
Noninterest Expense
Salaries and employee benefits	13,567	13,287
Occupancy	1,652	1,598
Equipment	1,645	1,649
Marketing	651	548
Supplies	338	334
Legal and professional fees	1,086	986
ATM and check card expenses	897	809
FDIC assessment	45	294
Bank franchise tax	538	468
Data processing expense	705	673
Amortization expense	302	458
Other real estate owned expense (income), net	1	(20)
Net losses on disposal of premises and equipment	14	2
Other operating expense	2,877	2,675
Total noninterest expense	24,318	23,761
Income before income taxes	11,794	12,422
Income tax expense	2,238	2,287
Net income	$ 9,556	$ 10,135
Earnings per common share
Basic (in dollars per share)	$ 1.92	$ 2.05
Diluted (in dollars per share)	$ 1.92	$ 2.04
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 2,926	$ 3,178
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	2,330	2,256
Asset Management [Member]
Noninterest Income
Noninterest income	1,868	1,682
Financial Service, Other [Member]
Noninterest Income
Noninterest income	$ 686	$ 601

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 9,556	$ 10,135
Other comprehensive income (loss), net of tax:
Unrealized holding gains (losses) on available for sale securities, net of tax $764 and ($200), respectively	2,873	(752)
Unrealized holding losses on securities transferred from held to maturity to available for sale, net of tax ($91) and $0, respectively	(340)
Reclassification adjustment for (gains) losses included in net income, net of tax $0 and $0, respectively	(1)	1
Pension liability adjustment, net of tax $0 and ($27), respectively		(99)
Total other comprehensive income (loss)	2,532	(850)
Total comprehensive income	$ 12,088	$ 9,285

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Unrealized holding gains (losses) on available for sale securities, tax	$ 764	$ (200)
Unrealized holding losses on securities transferred from held to maturity to available for sale, tax	(91)	0
Reclassification adjustment for losses included in net income, tax	0	0
Pension liability adjustment, tax	$ 0	$ (27)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities
Net income	$ 9,556	$ 10,135
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	1,335	1,347
Amortization of core deposit intangibles	302	458
Amortization of debt issuance costs	18	17
Origination of loans held for sale	(12,765)	(5,279)
Proceeds from sale of loans held for sale	13,187	5,384
Net gains on sales of loans held for sale	(170)	(86)
Provision for loan losses	450	600
Net (gains) losses on securities available for sale	(1)	1
Net gains on sale of other real estate owned		(22)
Increase in cash value of bank owned life insurance	(456)	(371)
Accretion of discounts and amortization of premiums on securities, net	592	567
Accretion of premium on time deposits	(60)	(82)
Stock-based compensation	183	189
Excess tax benefits on stock-based compensation	(2)	(7)
Losses on disposal of premises and equipment	14	2
Deferred income tax (benefit) expense	(8)	135
Changes in assets and liabilities:
Decrease (increase) in interest receivable	48	(197)
(Increase) decrease in other assets	(820)	1,331
Increase (decrease) in accrued expenses and other liabilities	448	(364)
Net cash provided by operating activities	11,851	13,758
Cash Flows from Investing Activities
Proceeds from maturities, calls, and principal payments of securities available for sale	22,031	15,694
Proceeds from maturities, calls, and principal payments of securities held to maturity	2,240	4,617
Purchases of securities available for sale	(17,002)	(27,632)
Net purchase of restricted securities	(118)	(118)
Purchase of premises and equipment, net	(1,030)	(1,539)
Proceeds from sale of premises and equipment		15
Proceeds from sale of other real estate owned		416
Purchase of bank owned life insurance	(3,000)
Proceeds from cash value of bank owned life insurance		347
Net increase in loans	(32,015)	(21,640)
Net cash used in investing activities	(28,894)	(29,840)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts	37,531	9,018
Net decrease in time deposits	(1,595)	(3,350)
Cash dividends paid on common stock, net of reinvestment	(1,674)	(929)
Net cash provided by financing activities	34,210	4,714
Increase (decrease) in cash and cash equivalents	17,167	(11,368)
Cash and Cash Equivalents
Beginning	28,618	39,986
Ending	45,785	28,618
Supplemental Disclosures of Cash Flow Information
Interest	4,903	3,553
Income taxes	2,178	1,343
Supplemental Disclosures of Noncash Transactions
Unrealized gains (losses) on securities available for sale	3,636	(951)
Unrealized losses on securities transferred from held to maturity to available for sale	(431)
Fair value of securities transferred from held to maturity to available for sale	23,036
Change in pension liability		(126)
Transfer from loans to other real estate owned		68
Issuance of common stock, dividend reinvestment plan	113	62
First National Corporation 2014 Stock Incentive Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock	(20)	(24)
Employee Stock Ownership Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock	$ (32)	$ (1)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	First National Corporation 2014 Stock Incentive Plan [Member]Common Stock [Member]	First National Corporation 2014 Stock Incentive Plan [Member]Additional Paid-in Capital [Member]	First National Corporation 2014 Stock Incentive Plan [Member]Retained Earnings [Member]	First National Corporation 2014 Stock Incentive Plan [Member]AOCI Attributable to Parent [Member]	First National Corporation 2014 Stock Incentive Plan [Member]	Employee Stock Ownership Plan [Member]Common Stock [Member]	Employee Stock Ownership Plan [Member]Additional Paid-in Capital [Member]	Employee Stock Ownership Plan [Member]Retained Earnings [Member]	Employee Stock Ownership Plan [Member]AOCI Attributable to Parent [Member]	Employee Stock Ownership Plan [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2017											$ 6,182	$ 7,260	$ 45,670	$ (958)	$ 58,154
Net income													10,135		10,135
Other comprehensive loss														(850)	(850)
Cash dividends on common stock													(991)		(991)
Stock-based compensation												189			189
Issuance of common stock, dividend reinvestment plan											4	58			62
Issuance of common stock, stock incentive plan											12	(12)
Repurchase of common stock	$ (1)	$ (23)			$ (24)		$ (1)			$ (1)
Balance at Dec. 31, 2018											6,197	7,471	54,814	(1,808)	66,674
Net income													9,556		9,556
Other comprehensive loss														2,532	2,532
Cash dividends on common stock													(1,787)		(1,787)
Stock-based compensation												183			183
Issuance of common stock, dividend reinvestment plan											7	106			113
Issuance of common stock, stock incentive plan											12	(12)
Repurchase of common stock	$ (2)	$ (18)			$ (20)	$ (2)	$ (30)			$ (32)
Balance at Dec. 31, 2019											$ 6,212	$ 7,700	$ 62,583	$ 724	$ 77,219

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parentheticals) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock shares (in shares)	1,006	1,317
Employee Stock Ownership Plan [Member]
Repurchase of common stock shares (in shares)	1,545	28
Issuance of common stock, dividend reinvestment plan, shares (in shares)	5,671	3,148
Issuance of common stock, stock incentive plan, shares (in shares)	8,902	10,189

Note 1 - Nature of Banking Acti

Note 1 - Nature of Banking Activities and Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. First National Corporation (the Company) is the bank holding company of First Bank (the Bank), First National (VA) Statutory Trust II (Trust II), and First National (VA) Statutory Trust III (Trust III and, together with Trust II, the Trusts). The Trusts were formed for the purpose of issuing redeemable capital securities, commonly known as trust preferred securities and are not The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America and to accepted practices within the banking industry. Principles of Consolidation The consolidated financial statements of First National Corporation include the accounts of all six Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheet and 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 in the near term relate to the determination of the allowance for loan losses. Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within the Shenandoah Valley, central regions of Virginia, and the city of Richmond. The types of lending that the Company engages in are included in Note 3. not one Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company has defined cash equivalents as those amounts included in the balance sheet captions “Cash and due from banks” and “Interest-bearing deposits in banks.” Securities Investments in debt securities with readily determinable fair values are classified as either held to maturity (HTM), available for sale (AFS), or trading based on management’s intent. Currently, all of the Company’s debt securities are classified as either AFS or HTM. Equity investments in the FHLB, the Federal Reserve Bank of Richmond, and Community Bankers Bank are separately classified as restricted securities and are carried at cost. AFS securities are carried at estimated fair value with the corresponding unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), and HTM securities are carried at amortized cost. When an individual AFS security is sold, the Company releases the income tax effects associated with the AFS security from accumulated other comprehensive income (loss). Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains or losses on the sale of securities are recorded on the trade date using the amortized cost of the specific security sold. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either the Company ( 1 2 not not not no no For equity securities carried at cost, such as restricted securities, impairment is considered to be other-than-temporary based on the Company’s ability and intent to hold the investment until a recovery of fair value. Other-than-temporary impairment of an equity security results in a write-down that must be included in income. The Company regularly reviews each security for other-than-temporary impairment based on criteria that include the extent to which cost exceeds market price, the duration of that market decline, the financial health of and specific prospects for the issuer, the best estimate of the present value of cash flows expected to be collected from debt securities, the Company’s intention with regard to holding the security to maturity, and the likelihood that the Company would be required to sell the security before recovery. Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or estimated fair value. The Company, through its banking subsidiary, requires a firm purchase commitment from a permanent investor before loans held for sale can be closed, thus limiting interest rate risk. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. The Bank enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 30 60 not The market value of rate lock commitments and best efforts contracts is not not no Loans The Company, through its banking subsidiary, grants mortgage, commercial, and consumer loans to customers. The Bank segments its loan portfolio into real estate loans, commercial and industrial loans, and consumer and other loans. Real estate loans are further divided into the following classes: Construction and Land Development; 1 4 Real Estate Loans – Construction and Land Development one four Real Estate Loans – 1 4 Family one four first Real Estate Loans – Other Commercial and Industrial Loans: may Consumer and Other Loans A substantial portion of the loan portfolio is represented by residential and commercial loans secured by real estate throughout the Bank's market area. The ability of the Bank’s debtors to honor their contracts may Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances less the allowance for loan losses and any deferred fees or costs on originated loans. Interest income is accrued and credited to income based on the unpaid principal balance. Loan origination fees, net of certain origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. A loan’s past due status is based on the contractual due date of the most delinquent payment due. Loans are generally placed on non-accrual status when the collection of principal or interest is 90 90 may first may All interest accrued but not Any unsecured loan that is deemed uncollectible is charged-off in full. Any secured loan that is considered by management to be uncollectible is partially charged-off and carried at the fair value of the collateral less estimated selling costs. This charge-off policy applies to all loan segments. Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value (net of selling costs), and the probability of collecting scheduled principal and interest payments when due. Additionally, management generally evaluates substandard and doubtful loans greater than $250 not not $250 Troubled Debt Restructurings (TDR) In situations where, for economic or legal reasons related to a borrower’s financial condition, management grants a concession to the borrower that it would not no may $360 $467 December 31, 2019 2018 Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management determines that the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. For further information about the Company’s loans and the allowance for loan losses, see Notes 3 4. The allowance for loan losses is evaluated on a quarterly 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 Company performs regular credit reviews of the loan portfolio to review credit quality and adherence to underwriting standards. The credit reviews consist of reviews by its internal credit administration department and reviews performed by an independent third one one The allowance represents an amount that, in management’s judgment, will be adequate to absorb any losses on existing loans that may may • 1 4 • Real estate construction and land development loans carry risks that the project may not may not may, may may not may • Other real estate loans carry risks associated with the successful operation of a business or a real estate project, in addition to other risks associated with the ownership of real estate, because repayment of these loans may • Commercial and industrial loans carry risks associated with the successful operation of a business because repayment of these loans may may • Consumer and other loans carry risk associated with the continued creditworthiness of the borrower and the value of the collateral, if any. These loans are typically either unsecured or secured by rapidly depreciating assets such as automobiles. They are also likely to be immediately and adversely affected by job loss, divorce, illness, personal bankruptcy, or other changes in circumstances. Consumer and other loans also include purchased consumer loans which could have been originated outside of the Company's market area. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are classified as impaired, and is established when the discounted cash flows, fair value of collateral less estimated costs to sell, or observable market price of the impaired loan is lower than the carrying value of that loan. For collateral dependent loans, an updated appraisal is ordered if a current one not third may The general component covers loans that are not twelve may Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost, less accumulated depreciation and amortization. Premises and equipment are depreciated over their estimated useful lives ranging from three forty three seven Costs of maintenance and repairs are charged to expense as incurred. Costs of replacing structural parts of major units are considered individually and are expensed or capitalized as the facts dictate. Gains and losses on routine dispositions are reflected in current operations. Other Real Estate Owned Other real estate owned (OREO) consists of properties obtained through a foreclosure proceeding or through an in-substance foreclosure in satisfaction of loans and properties originally acquired for branch operations or expansion but no may Bank-Owned Life Insurance The Company owns insurance on the lives of a certain group of key employees. The policies were purchased to help offset the increase in the costs of various fringe benefit plans, including healthcare. The cash surrender value of these policies is included as an asset on the consolidated balance sheets, and any increase in cash surrender value is recorded as income from bank owned life insurance on the consolidated statements of income. In the event of the death of an insured individual under these policies, the Company receives a death benefit which is also recorded as income from bank owned life insurance. The Company recorded $469 December 31, 2018. not December 31, 2019. Intangible Assets Intangible assets consist of a core deposit intangible asset arising from a branch acquisition which is amortized on an accelerated method over its estima ted useful life of six Stock Based Compensation Compensation cost is recognized for restricted stock units and other stock awards issued to employees and directors based on the fair value of the awards at the date of grant. The market price of the Company’s common stock at the date of grant is used to estimate the fair value of restricted stock units and other stock awards. Retirement Plans Employee 401 Transfers of Financial Assets Transfers of financial assets, including loan participations, 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 Income Taxes Deferred income tax assets and liabilities are determined using the asset and liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. Deferred taxes are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not not not 50 no December 31, 2019 2018 Wealth Management Department Securities and other property held by the wealth management department in a fiduciary or agency capacity are not not Earnings Per Common Share Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may 14 Advertising Costs The Company follows the policy of charging the production costs of advertising to expense as incurred. Total advertising expense incurred for 2019 2018 $449 $359 Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains, and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities and pension liability adjustments, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income. Loss Contingencies Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not Reclassifications Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no Adoption of New Accounting Standards On January 1, 2019, No. 2016 02, 842 2016 02, 1 2 606, not may not 842 2018 10 842, 2018 11 842 2018 11 840, not 17. On January 1, 2019, No. 2017 08, 310 20 2017 08 not no On January 1, 2019, No. 2017 12, 815 2017 12 not January 1, 2019, $23.4 $431 Recent Accounting Pronouncements In June 2016, No. 2016 13, 326 December 15, 2019, December 15, 2022. 2016 13 may In April 2019, No. 2019 04, 326, 815, 825, 2016 1, 2016 03, 2017 12. 2019 04 In May 2019, No. 2019 05, 326 326 20 825 10, 326. not 2019 05 2016 13. 2019 05 In November 2019, No. 2019 11, 326, 2016 13, 326 not 2016 13. 2019 11 In December 2019, No. 2019 12, 740 740 December 15, 2020, 2019 12 In January 2020, No. 2020 01, 321 323 815 321, 323, 815.” 2016 01 December 15, 2020, not 2020 01 Effective November 25, 2019, 119. 119 326, 1 2 3 4

Note 2 - Securities

Note 2 - Securities	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2. The Company invests in U.S. agency and mortgage-backed securities, obligations of states and political subdivisions, and corporate debt securities. Amortized costs and fair values of securities at December 31, 2019 2018 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 94,461 $ 778 $ (334 ) $ 94,905 Obligations of states and political subdivisions 25,607 476 (5 ) 26,078 Total securities available for sale $ 120,068 $ 1,254 $ (339 ) $ 120,983 Securities held to maturity: U.S. agency and mortgage-backed securities $ 12,528 $ 6 $ (80 ) $ 12,454 Obligations of states and political subdivisions 3,599 81 — 3,680 Corporate debt securities 1,500 12 — 1,512 Total securities held to maturity $ 17,627 $ 99 $ (80 ) $ 17,646 Total securities $ 137,695 $ 1,353 $ (419 ) $ 138,629 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 86,944 $ 44 $ (2,066 ) $ 84,922 Obligations of states and political subdivisions 15,203 31 (299 ) 14,935 Total securities available for sale $ 102,147 $ 75 $ (2,365 ) $ 99,857 Securities held to maturity: U.S. agency and mortgage-backed securities $ 27,420 $ — $ (869 ) $ 26,551 Obligations of states and political subdivisions 14,488 20 (174 ) 14,334 Corporate debt securities 1,500 9 — 1,509 Total securities held to maturity $ 43,408 $ 29 $ (1,043 ) $ 42,394 Total securities $ 145,555 $ 104 $ (3,408 ) $ 142,251 At December 31, 2019 2018 2019 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. agency and mortgage-backed securities $ 29,853 $ (207 ) $ 13,083 $ (127 ) $ 42,936 $ (334 ) Obligations of states and political subdivisions 1,373 (5 ) — — 1,373 (5 ) Total securities available for sale $ 31,226 $ (212 ) $ 13,083 $ (127 ) $ 44,309 $ (339 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ 3,516 $ (10 ) $ 5,936 $ (70 ) $ 9,452 $ (80 ) Total securities held to maturity $ 3,516 $ (10 ) $ 5,936 $ (70 ) $ 9,452 $ (80 ) Total securities $ 34,742 $ (222 ) $ 19,019 $ (197 ) $ 53,761 $ (419 ) 2018 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. agency and mortgage-backed securities $ 26,350 $ (215 ) $ 49,652 $ (1,851 ) $ 76,002 $ (2,066 ) Obligations of states and political subdivisions 3,761 (25 ) 5,127 (274 ) 8,888 (299 ) Total securities available for sale $ 30,111 $ (240 ) $ 54,779 $ (2,125 ) $ 84,890 $ (2,365 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ 26,551 $ (869 ) $ 26,551 $ (869 ) Obligations of states and political subdivisions 5,326 (37 ) 6,115 (137 ) 11,441 (174 ) Total securities held to maturity $ 5,326 $ (37 ) $ 32,666 $ (1,006 ) $ 37,992 $ (1,043 ) Total securities $ 35,437 $ (277 ) $ 87,445 $ (3,131 ) $ 122,882 $ (3,408 ) The tables above provide information about securities that have been in an unrealized loss position for less than twelve twelve 1 2 not 3 not not not At December 31, 2019 forty-two ninety-four three seventy-nine 3.7 December 31, 2019 December 31, 2018 eighty-three ninety fifty-six eighty-two December 31, 2018 4.6 December 31, 2018 December 31, 2019 not The amortized cost and fair value of securities at December 31, 2019 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,059 $ 2,070 $ 436 $ 437 Due after one year through five years 6,336 6,350 4,737 4,794 Due after five years through ten years 32,867 33,427 3,334 3,351 Due after ten years 78,806 79,136 9,120 9,064 $ 120,068 $ 120,983 $ 17,627 $ 17,646 Proceeds from maturities, calls, principal payments and sales of securities available for sale during 2019 2018 $22.0 $15.7 $1 2019. not 2018. not 2019. $1 2018 Proceeds from maturities, calls, and principal payments of securities held to maturity during 2019 2018 $2.2 $4.6 no December 31, 2019 2018 not 2019 2018 On January 1, 2019, No. 2017 12 $23.0 $431 Securities having a fair value of $40.5 $43.1 December 31, 2019 2018 Federal Home Loan Bank, Federal Reserve Bank, and Community Bankers’ Bank stock are generally viewed as long-term investments and as restricted securities, which are carried at cost, because there is a minimal market for the stock. Therefore, when evaluating restricted securities for impairment, their value is based on the ultimate recoverability of the par value rather than by recognizing temporary declines in value. The Company does not December 31, 2019 no The composition of restricted securities at December 31, 2019 2018 2019 2018 Federal Home Loan Bank stock $ 776 $ 763 Federal Reserve Bank stock 980 875 Community Bankers’ Bank stock 50 50 $ 1,806 $ 1,688 The Company also holds limited partnership investments in Small Business Investment Companies (SBICs), which are included in other assets in the Consolidated Balance Sheets. The limited partnership investments are measured as equity investments without readily determinable fair values at their cost, less any impairment. The amounts included in other assets for the limited partnership investments were $514 $466 December 31, 2019 2018,

Note 3 - Loans

Note 3 - Loans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at December 31, 2019 2018 2019 2018 Real estate loans: Construction and land development $ 43,164 $ 45,867 Secured by 1-4 family residential 229,438 215,945 Other real estate 236,555 219,553 Commercial and industrial loans 50,153 44,605 Consumer and other loans 15,036 16,886 Total loans $ 574,346 $ 542,856 Allowance for loan losses (4,934 ) (5,009 ) Loans, net $ 569,412 $ 537,847 Net deferred loan fees included in the above loan categories were $340 $274 December 31, 2019 2018 $374 $275 December 31, 2019 2018 The following tables provide a summary of loan classes and an aging of past due loans as of December 31, 2019 2018 December 31, 2019 30-59 Days Past Due 60-89 Days Past Due >90 Days Past Due Total Past Due Current Total Loans Non-Accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ — $ 136 $ 30 $ 166 $ 42,998 $ 43,164 $ 367 $ 30 1-4 family residential 1,428 306 115 1,849 227,589 229,438 630 67 Other real estate loans 457 — 416 873 235,682 236,555 462 — Commercial and industrial 45 50 — 95 50,058 50,153 — — Consumer and other loans 83 79 — 162 14,874 15,036 — — Total $ 2,013 $ 571 $ 561 $ 3,145 $ 571,201 $ 574,346 $ 1,459 $ 97 December 31, 2018 30-59 Days Past Due 60-89 Days Past Due >90 Days Past Due Total Past Due Current Total Loans Non-Accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ 88 $ 80 $ — $ 168 $ 45,699 $ 45,867 $ 327 $ — 1-4 family residential 747 393 423 1,563 214,382 215,945 663 — Other real estate loans 145 36 2,207 2,388 217,165 219,553 1,985 222 Commercial and industrial — 25 210 235 44,370 44,605 197 13 Consumer and other loans 90 — — 90 16,796 16,886 — — Total $ 1,070 $ 534 $ 2,840 $ 4,444 $ 538,412 $ 542,856 $ 3,172 $ 235 Credit Quality Indicators As part of the ongoing monitoring of the credit quality of the Company’s loan portfolio, management tracks certain credit quality indicators including trends related to the risk grading of specified classes of loans. The Company utilizes a risk grading matrix to assign a rating to each of its loans. The loan ratings are summarized into the following categories: pass, special mention, substandard, doubtful, and loss. Pass rated loans include all risk rated credits other than those included in special mention, substandard, or doubtful. Loans classified as loss are charged-off. Loan officers assign risk grades to loans at origination and as renewals arise. The Bank’s Credit Administration department reviews risk grades for accuracy on a quarterly basis and as credit issues arise. In addition, a certain amount of loans are reviewed each year through the Company’s internal and external loan review process. A description of the general characteristics of the loan grading categories is as follows: Pass – Special Mention – may Substandard – not Doubtful – Loss – not The following tables provide an analysis of the credit risk profile of each loan class as of December 31, 2019 2018 December 31, 2019 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 42,636 $ — $ 528 $ — $ 43,164 Secured by 1-4 family residential 228,029 524 885 — 229,438 Other real estate loans 233,240 537 2,778 — 236,555 Commercial and industrial 48,527 948 678 — 50,153 Consumer and other loans 10,976 4,060 — — 15,036 Total $ 563,408 $ 6,069 $ 4,869 $ — $ 574,346 December 31, 2018 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 45,054 $ 235 $ 578 $ — $ 45,867 Secured by 1-4 family residential 214,089 924 932 — 215,945 Other real estate loans 213,681 900 4,972 — 219,553 Commercial and industrial 44,373 19 213 — 44,605 Consumer and other loans 16,886 — — — 16,886 Total $ 534,083 $ 2,078 $ 6,695 $ — $ 542,856

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of December 31, 2019 2018 December 31, 2019 Construction and Land Development Secure by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for loan losses: Beginning Balance,December 31, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Charge-offs (2 ) (58 ) (27 ) (2 ) (795 ) (884 ) Recoveries 50 9 1 8 291 359 Provision for (recovery of) loan losses (145 ) (70 ) 162 92 411 450 Ending Balance, December 31, 2019 $ 464 $ 776 $ 2,296 $ 562 $ 836 $ 4,934 Ending Balance: Individually evaluated for impairment 22 11 — — — 33 Collectively evaluated for impairment 442 765 2,296 562 836 4,901 Loans: Ending Balance 43,164 229,438 236,555 50,153 15,036 574,346 Individually evaluated for impairment 367 630 462 — — 1,459 Collectively evaluated for impairment 42,797 228,808 236,093 50,153 15,036 572,887 December 31, 2018 Construction and Land Development Secured by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for loan losses: Beginning Balance, December 31, 2017 $ 414 $ 775 $ 2,948 $ 418 $ 771 $ 5,326 Charge-offs — (55 ) — (10 ) (1,104 ) (1,169 ) Recoveries — 13 5 8 226 252 Provision for (recovery of) loan losses 147 162 (793 ) 48 1,036 600 Ending Balance, December 31, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Ending Balance: Individually evaluated for impairment 71 172 — — — 243 Collectively evaluated for impairment 490 723 2,160 464 929 4,766 Loans: Ending Balance 45,867 215,945 219,553 44,605 16,886 542,856 Individually evaluated for impairment 327 663 2,249 197 — 3,436 Collectively evaluated for impairment 45,540 215,282 217,304 44,408 16,886 539,420 Impaired loans and the related allowance at December 31, 2019 2018 December 31, 2019 Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Real estate loans: Construction and land development $ 401 $ 70 $ 297 $ 367 $ 22 $ 369 $ 1 Secured by 1-4 family 729 488 142 630 11 769 1 Other real estate loans 509 462 — 462 — 766 3 Commercial and industrial — — — — — 22 — Total $ 1,639 $ 1,020 $ 439 $ 1,459 $ 33 $ 1,926 $ 5 December 31, 2018 Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Real estate loans: Construction and land development $ 336 $ — $ 327 $ 327 $ 71 $ 758 $ 12 Secured by 1-4 family 720 356 307 663 172 966 22 Other real estate loans 2,290 2,249 — 2,249 — 1,585 51 Commercial and industrial 200 197 — 197 — 146 — Total $ 3,546 $ 2,802 $ 634 $ 3,436 $ 243 $ 3,455 $ 85 The “Recorded Investment” amounts in the table above represent the outstanding principal balance on each loan represented in the table. The “Unpaid Principal Balance” represents the outstanding principal balance on each loan represented in the table plus any amounts that have been charged off on each loan and/or payments that have been applied towards principal on non-accrual loans. Only loan classes with balances are included in the tables above. As of December 31, 2019 $360 December 31, 2019 none $467 December 31, 2018 $264 may one 1 4 December 31, 2019 not December 31, 2019. one 1 4 December 31, 2018 2018 $27 December 31, 2018 For the years ended December 31, 2019 2018 no twelve 90 twelve There were no December 31, 2019 December 31, 2018 nt of $96 $111 December 31, 2019 2018

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. Changes in the balance for OREO are as follows (in thousands): 2019 2018 Balance at the beginning of year, gross $ — $ 326 Transfers in — 68 Sales proceeds — (416 ) Gain on disposition — 22 Balance at the end of year, gross $ — $ — Less: valuation allowance — — Balance at the end of year, net $ — $ — There were no December 31, 2019 2018 not December 31, 2019 Net expenses applicable to OREO, other than the provision for losses, were $1 $2 December 31, 2019 2018

Note 6 - Premises and Equipment

Note 6 - Premises and Equipment	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 6. Premises and equipment are summarized as follows at December 31, 2019 2018 2019 2018 Land $ 4,717 $ 4,717 Buildings and leasehold improvements 19,754 18,633 Furniture and equipment 6,815 7,026 Construction in process 17 870 $ 31,303 $ 31,246 Less accumulated depreciation 11,556 11,180 $ 19,747 $ 20,066 Depreciation expense included in operating expenses for 2019 2018 $1.3

Note 7 - Deposits

Note 7 - Deposits	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 7. The aggregate amount of time deposits, in denominations of $250 $21.4 $16.1 December 31, 2019 2018 The Bank obtains certain deposits through the efforts of third December 31, 2019 2018 $556 $144 At December 31, 2019 2020 $ 72,857 2021 20,460 2022 8,670 2023 8,559 2024 6,962 Thereafter 56 $ 117,564

Note 8 - Other Borrowings

Note 8 - Other Borrowings	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Other Borrowings [Text Block]	Note 8. The Company had an unsecured line of credit totaling $5.0 December 31, 2019. no December 31, 2019. 0.25% March 28, 2025. The Bank had unused lines of credit totaling $218.1 $128.5 December 31, 2019 2018 19% $144.3 December 31, 2019 December 31, 2019 2018 $194.9 $110.8 $776 $763 not December 31, 2019 2018

Note 9 - Subordinated Debt

Note 9 - Subordinated Debt	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 9. On October 30, 2015, 2025 $5.0 6.75% 2 December 31, 2019 2 $17 $35 December 31, 2019 2018 The Note has a maturity date of October 1, 2025. may October 30, 2020. The Note is not may not

Note 10 - Junior Subordinated D

Note 10 - Junior Subordinated Debt	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 10. On June 8, 2004, June 17, 2004, $5.0 December 31, 2019 2018 4.50% 5.39%, June 17, 2034, September 17, 2009. $5.2 On July 24, 2006, July 31, 2006, $4.0 December 31, 2019 2018 3.70% 4.00%, October 1, 2036, October 1, 2011. $4.1 While these securities are debt obligations of the Company, they are included in capital for regulatory capital ratio calculations. Under present regulations, the junior subordinated debt may 1 not 25% 1 not 1 may 2 December 31, 2019 December 31, 2018 1

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 11. The Company is subject to U.S. federal and Virginia income tax as well as bank franchise tax in the state of Virginia. With few exceptions, the Company is no 2016. Net deferred tax assets consisted of the following components at December 31, 2019 2018 2019 2018 Deferred Tax Assets Allowance for loan losses $ 1,036 $ 1,052 Unrealized losses on securities available for sale — 481 Post-retirement benefits 46 — Core deposit intangible 391 371 Unvested stock-based compensation 18 14 Limited partnership investments 13 14 Lease liability 67 — Loan origination fees, net 71 58 $ 1,642 $ 1,990 Deferred Tax Liabilities Depreciation $ 741 $ 682 Right of use asset 68 — Discount accretion — 1 Unrealized gains on securities available for sale 192 — $ 1,001 $ 683 Net deferred tax assets $ 641 $ 1,307 The income tax expense for the years ended December 31, 2019 2018 2019 2018 Current tax expense $ 2,246 $ 2,152 Deferred tax (benefit) expense (8 ) 135 $ 2,238 $ 2,287 The income tax expense differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income for the years ended December 31, 2019 2018 2019 2018 Computed tax expense at statutory federal rate $ 2,477 $ 2,609 Increase in income taxes resulting from: Other 14 12 Decrease in income taxes resulting from: Tax-exempt interest and dividend income (157 ) (158 ) Income from bank owned life insurance (96 ) (176 ) $ 2,238 $ 2,287

Note 12 - Funds Restrictions an

Note 12 - Funds Restrictions and Reserve Balance	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Funds Restrictions and Reserve Balance [Text Block]	Note 12. Transfers of funds from the banking subsidiary to the parent company in the form of loans, advances, and cash dividends are restricted by federal and state regulatory authorities. At December 31, 2019 $12.8 two The Bank must maintain a reserve against its deposits in accordance with Regulation D of the Federal Reserve Act. For the final weekly reporting period in the years ended December 31, 2019 2018 $8.3 $6.0

Note 13 - Benefit Plans

Note 13 - Benefit Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note 13. Pension Plan The Bank had a noncontributory, defined benefit pension plan for all full-time employees over 21 one May 1, 2011. May 1, 2011, April 30, 2011 five 1974, 1986, On September 14, 2016, November 30, 2016. October 16, 2017 March 8, 2018. $205 December 31, 2018. 2018, zero December 31, 2019 2018. The following tables provide a reconciliation of the changes in the plan benefit obligation and the fair value of assets for the periods ended December 31, 2019 2018 2019 2018 Change in Benefit Obligation Benefit obligation, beginning of year $ — $ 5,283 Interest cost — 17 Benefits paid — (5,284 ) Gain due to settlement — (16 ) Benefit obligation, end of year $ — $ — Changes in Plan Assets Fair value of plan assets, beginning of year $ — $ 5,078 Actual return on plan assets — 1 Employer contributions — 205 Benefits paid — (5,284 ) Fair value of assets, end of year $ — $ — Funded Status, end of year $ — $ — Amount Recognized in Other Liabilities $ — $ — Amounts Recognized in Accumulated Other Comprehensive Income (Loss), net of tax Net gain $ — $ — Deferred income tax expense — — Amount recognized $ — $ — Weighted Average Assumptions Used to Determine Benefit Obligation Discount rate used for disclosure First five years N/A N/A Five years to twenty years N/A N/A After twenty years N/A N/A Expected return on plan assets N/A 1.00 % Rate of compensation increase N/A N/A Components of Net Periodic Benefit Cost Interest cost $ — $ 17 Expected return on plan assets — (8 ) Recognized net gain due to settlement — (135 ) Net periodic benefit cost (benefit) $ — $ (126 ) Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss) Net loss $ — $ 126 Total recognized in other comprehensive income (loss) $ — $ 126 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss) $ — $ — 2019 2018 Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost Discount rate N/A 1.96 % Expected return on plan assets N/A 1.00 % Rate of compensation increase N/A N/A 401 The Company maintains a 401 may first one fifty two six one thousand nineteen two December 31, 2019 2018 $812 $770 Employee Stock Ownership Plan On January 1, 2000, 100% two no December 31, 2019 2018 On September 14, 2016, December 31, 2016. 401 December 31, 2017, May 3, 2018. October 10, 2018. no December 31, 2019 December 31, 2018 Supplemental Executive Retirement Plans On March 15, 2019, three 180 $220 December 31, 2019

Note 14 - Earnings Per Common S

Note 14 - Earnings Per Common Share	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 14. Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. The following table presents the computation of basic and diluted earnings per share for the years ended December 31, 2019 2018 2019 2018 (Numerator): Net income $ 9,556 $ 10,135 (Denominator): Weighted average shares outstanding – basic 4,964,832 4,953,537 Potentially dilutive common shares – restricted stock units 3,100 2,839 Weighted average shares outstanding – diluted 4,967,932 4,956,376 Income per common share Basic $ 1.92 $ 2.05 Diluted $ 1.92 $ 2.04

Note 15 - Commitments and Unfun

Note 15 - Commitments and Unfunded Credits	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 15. The Company, through its banking subsidiary, is a party to credit related financial instruments with risk not At December 31, 2019 2018 2019 2018 Commitments to extend credit and unfunded commitments under lines of credit $ 92,528 $ 91,109 Stand-by letters of credit 10,950 9,947 Commitments to extend credit are agreements to lend to a customer as long as there is no may may not Unfunded commitments under commercial lines of credit, revolving credit lines, and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit are collateralized as deemed necessary and may may not Commercial and standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third one At December 31, 2019 had $2.2 $167 not The Bank has cash accounts in other commercial banks. The amount on deposit at these banks at December 31, 2019 $22

Note 16 - Transactions with Rel

Note 16 - Transactions with Related Parties	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 16. During the year, executive officers and directors (and companies controlled by them) were customers of and had transactions with the Company in the normal course of business. In management’s opinion, these transactions were made on substantially the same terms as those prevailing for other customers. At December 31, 2019 2018 $299 $2.6 2019 e $145 were $2.5 Deposits from related parties held by the Bank at December 31, 2019 2018 $12.8 $10.5

Note 17 - Lease Commitments

Note 17 - Lease Commitments	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 17. On January 1, 2019, No. 2016 02, 842 842. No. 2018 11 not 842. no not not not $390 Contracts that commence subsequent to adoption are evaluated to determine whether they are or contain a lease in accordance with Topic 842. 842 not not 12 not 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. 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. Lease payments Lease payments for short-term leases are recognized as lease expense on a straight-line basis over the lease term, or for variable lease payments, in the period in which the obligation was incurred. Payments for leases with terms longer than twelve may not not Options to extend, residual value guarantees, and restrictions and covenants Of the Company's six four None none The following table presents the operating lease right-of-use asset and operating lease liability as of December 31, 2019 ( Classification in the Consolidated Balance Sheet 2019 Operating lease right-of-use asset Other assets $ 325 Operating lease liability Accrued interest payable and other liabilities 321 The following table presents the weighted average remaining operating lease term and the weighted average discount rate for operating leases as of December 31, 2019: 2019 Weighted average remaining lease term, in years 2.9 Weighted average discount rate 2.60 % The following table presents the components of operating lease expense and supplemental cash flow information for the year ended December 31, 2019 ( 2019 Lease Expense Operating lease expense $ 133 Short-term lease expense 4 Total lease expense (1) $ 137 Cash paid for amounts included in lease liability $ 136 ( 1 Included in occupancy expense in the Company's consolidated statements of income. The following table presents a maturity schedule of undiscounted cash flows that contribute to the operating lease liability as of December 31, 2019 ( Twelve months ending December 31, 2020 $ 128 Twelve months ending December 31, 2021 109 Twelve months ending December 31, 2022 85 Twelve months ending December 31, 2023 11 Total undiscounted cash flows $ 333 Less: discount (12 ) Operating lease liability $ 321 The contracts in which the Company is lessee are with parties external to the Company and not

Note 18 - Dividend Reinvestment

Note 18 - Dividend Reinvestment Plan	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Dividend Reinvestment Plan [Text Block]	Note 18. The Company has in effect a Dividend Reinvestment Plan (DRIP) which provides an automatic conversion of dividends into common stock for enrolled shareholders. The Company may 10 The Compan y issued 5,671 3,14 8 December 31, 2019 2018

Note 19 - Fair Value Measuremen

Note 19 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 19. Determination of Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the “Fair Value Measurement and Disclosures” topic of FASB ASC, the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no not may not The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not may Fair Value Hierarchy In accordance with this guidance, the Company groups its assets and liabilities generally measured at fair value in three Level 1 Valuation is based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 1 Level 2 Valuation is based on inputs other than quoted prices included within Level 1 may not Level 3 Valuation is based on unobservable inputs that are supported by little or no 3 An instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a recurring basis in the financial statements: Securities available for sale Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1 not may 2 The following tables present the balances of assets measured at fair value on a recurring basis as of December 31, 2019 2018 Fair Value Measurements at December 31, 2019 Description Balance as of December 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale U.S. agency and mortgage-backed securities $ 94,905 $ — $ 94,905 $ — Obligations of states and political subdivisions 26,078 — 26,078 — $ 120,983 $ — $ 120,983 $ — Fair Value Measurements at December 31, 2018 Description Balance as of December 31, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale U.S. agency and mortgage-backed securities $ 84,922 $ — $ 84,922 $ — Obligations of states and political subdivisions 14,935 — 14,935 — $ 99,857 $ — $ 99,857 $ — Certain assets are measured at fair value on a nonrecurring basis in accordance with GAAP. Adjustments to the fair value of these assets usually result from the application of lower-of-cost-or-market accounting or write-downs of individual assets. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a nonrecurring basis in the financial statements: Loans held for sale Loans held for sale are carried at the lower of cost or market value. These loans currently consist of one four not 2 No December 31, 2019 2018 Impaired Loans Loans are designated as impaired when, in the judgment of management based on current information and events, it is probable that all amounts due according to the contractual terms of the loan agreements will not may 2 twelve one not 3 one not 3 The following tables summarize the Company’s assets that were measured at fair value on a nonrecurring basis as of December 31, 2019 2018 Fair Value Measurements at December 31, 2019 Description Balance as of December 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 406 $ — $ — $ 406 Fair Value Measurements at December 31, 2018 Description Balance as of December 31, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs(Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 391 $ — $ — $ 391 Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) Impaired loans, net $ 406 Property appraisals Selling cost 10 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2018 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) Impaired loans, net $ 391 Property appraisals Selling cost 10 % Accounting guidance requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not December 31, 2019 2018 Fair Value Measurements at December 31, 2019 Using Carrying Amount Quoted Prices in Active Markets for Identical Assets Level 1 Significant Other Observable Inputs Level 2 Significant Unobservable Inputs Level 3 Fair Value Financial Assets Cash and short-term investments $ 45,785 $ 45,785 $ — $ — $ 45,785 Securities available for sale 120,983 — 120,983 — 120,983 Securities held to maturity 17,627 — 16,134 1,512 17,646 Restricted securities 1,806 — 1,806 — 1,806 Loans held for sale 167 — 167 — 167 Loans, net 569,412 — — 572,910 572,910 Bank owned life insurance 17,447 — 17,447 — 17,447 Accrued interest receivable 2,065 — 2,065 — 2,065 Financial Liabilities Deposits $ 706,442 $ — $ 588,878 $ 117,071 $ 705,949 Subordinated debt 4,983 — — 5,023 5,023 Junior subordinated debt 9,279 — — 9,724 9,724 Accrued interest payable 184 — 184 — 184 Fair Value Measurements at December 31, 2018 Using Carrying Amount Quoted Prices in Active Markets for Identical Assets Level 1 Significant Other Observable Inputs Level 2 Significant Unobservable Inputs Level 3 Fair Value Financial Assets Cash and short-term investments $ 28,618 $ 28,618 $ — $ — $ 28,618 Securities available for sale 99,857 — 99,857 — 99,857 Securities held to maturity 43,408 — 40,885 1,509 42,394 Restricted securities 1,688 — 1,688 — 1,688 Loans held for sale 419 — 419 — 419 Loans, net 537,847 — — 528,643 528,643 Bank owned life insurance 13,991 — 13,991 — 13,991 Accrued interest receivable 2,113 — 2,113 — 2,113 Financial Liabilities Deposits $ 670,566 $ — $ 551,347 $ 117,220 $ 668,567 Subordinated debt 4,965 — — 5,035 5,035 Junior subordinated debt 9,279 — — 7,952 7,952 Accrued interest payable 139 — 139 — 139 The Company assumes interest rate risk (the risk that general interest rate levels will change) as a result of its normal operations. As a result, the fair values of the Company’s financial instruments will change when interest rate levels change and that change may

Note 20 - Regulatory Matters

Note 20 - Regulatory Matters	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 20. The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk-weightings, and other factors. Prompt corrective action provisions are not The final rules implementing the Basel Committee on Banking Supervision’s capital guidelines for U.S. banks (Basel III rules) became effective January 1, 2015, January 1, 2019. 1 four January 1, 2016 January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table) of total (as defined in the regulations), Tier 1 1 1 December 31, 2019 December 31, 2018 As of December 31, 2019 no A comparison of the capital of the Bank at December 31, 2019 December 31, 2018 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2019: Total Capital (to Risk-Weighted Assets) $ 85,439 14.84 % $ 46,046 8.00 % $ 57,557 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 80,505 13.99 % $ 34,534 6.00 % $ 46,046 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 80,505 13.99 % $ 25,901 4.50 % $ 37,412 6.50 % Tier 1 Capital (to Average Assets) $ 80,505 10.13 % $ 31,799 4.00 % $ 39,749 5.00 % December 31, 2018: Total Capital (to Risk-Weighted Assets) $ 74,697 13.62 % $ 43,859 8.00 % $ 54,824 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 69,688 12.71 % $ 32,894 6.00 % $ 43,859 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 69,688 12.71 % $ 24,671 4.50 % $ 35,635 6.50 % Tier 1 Capital (to Average Assets) $ 69,688 9.26 % $ 30,100 4.00 % $ 37,625 5.00 % In addition to the regulatory minimum risk-based capital amounts presented above, the Bank must maintain a capital conservation buffer as required by the Basel III final rules. The buffer began applying to the Bank on January 1, 2016, 2016 2019 0.625%. 2.50% 1.875% December 31, 2019 December 31, 2018 December 31, 2019 December 31, 2018 6.84% 5.62%,

Note 21 - Accumulated Other Com

Note 21 - Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 21. Changes in each component of accumulated other comprehensive income (loss) were as follows (in thousands): Net Unrealized Gains (Losses) on Securities Adjustments Related to Pension Benefits Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ (1,057 ) $ 99 $ (958 ) Unrealized holding losses (net of tax, ($200)) (752 ) — (752 ) Reclassification adjustment (net of tax, $0) 1 — 1 Pension liability adjustment (net of tax, ($27)) — (99 ) (99 ) Change during period (751 ) (99 ) (850 ) Balance at December 31, 2018 $ (1,808 ) $ — $ (1,808 ) Unrealized holding gains (net of tax, $764) 2,873 — 2,873 Unrealized holding losses transferred from held to maturity to available for sale (net of tax, ($91)) (340 ) — (340 ) Reclassification adjustment (net of tax, $0) (1 ) — (1 ) Change during period 2,532 — 2,532 Balance at December 31, 2019 $ 724 $ — $ 724 The following table presents information related to reclassifications from accumulated other comprehensive income (loss) for the years ended December 31, 2019 2018 Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income For the year ended December 31, 2019 2018 Securities available for sale: Net securities (gains) losses reclassified into earnings $ (1 ) $ 1 Net gains (losses) on securities available for sale Related income tax expense (benefit) — — Income tax expense Total reclassifications $ (1 ) $ 1 Net of tax

Note 22 - Stock Compensation Pl

Note 22 - Stock Compensation Plans	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 22. On May 13, 2014, 2014 240,000 Stock Awards Whenever the Company deems it appropriate to grant a stock award, the recipient receives a specified number of unrestricted shares of employer stock. Stock awards may may During 2019 3,500 $67 $62 December 31, 2019 2018 Restricted Stock Units Restricted stock units are an award of units that correspond in number and value to a specified number of shares of employer stock which the recipient receives according to a vesting plan and distribution schedule after achieving required performance milestones or upon remaining with the employer for a particular length of time. Each restricted stock unit that vests entitles the recipient to receive one In 2019 8,692 1,235 2,457 two one 5,000 five fifth not A summary of the activity for the Company’s restricted stock units for the period indicated is presented in the following table: 2019 Shares Weighted Average Grant Date Fair Value Unvested, January 1, 2019 7,103 $ 17.93 Granted 8,692 19.56 Vested (5,402 ) 17.99 Forfeited — — Unvested, December 31, 2019 10,393 $ 19.26 At December 31, 2019 $114 2024. December 31, 2019 2018 $116 $127

Note 23 - Revenue Recognition

Note 23 - Revenue Recognition	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 23. On January 1, 2018, No. 2014 09, 606" 606. 606 Service charges on deposit accounts Service charges on deposit accounts consist of monthly service fees, overdraft and nonsufficient funds fees, and other deposit account related fees. The Company's performance obligation for monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers' accounts. Overdraft and nonsufficient funds fees and other deposit account related fees are transactional based, and therefore, the Company's performance obligation is satisfied, and related revenue recognized, at a point in time. ATM and check card fees ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. ATM fees are transactional based, and therefore, the Company's performance obligation is satisfied, and related revenue recognized, at a point in time. Check card fees are primarily comprised of interchange fee income. Interchange fees are earned whenever the Company's debit cards are processed through card payment networks, such as Visa. The Company's performance obligation for interchange fee income is largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. In compliance with Topic 606, Wealth management fees Wealth management fees are primarily comprised of fees earned from the management and administration of trusts and other customer assets. The Company's performance obligation is generally satisfied over time and the resulting fees are primarily recognized monthly, based upon the month-end market value of the assets under management and the applicable fee rate. Payment is generally received a few days after month-end through a direct charge to customers' accounts. Estate management fees are based upon the size of the estate. Revenue for estate management fees are recorded periodically, according to a fee schedule, and are based on the services that have been provided. Fees for other customer services Fees for other customer services include check ordering charges, merchant services income, safe deposit box rental fees, and other service charges. Check ordering charges are transactional based, and therefore, the Company's performance obligation is satisfied, and related revenue recognized, at a point in time. Merchant services income mainly represent fees charged to merchants to process their debit and credit card transactions. The Company's performance obligation for merchant services income is largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. The following table presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, December 31, 2019 2018 2019 2018 Noninterest Income Service charges on deposit accounts $ 2,926 $ 3,178 ATM and check card fees 2,330 2,256 Wealth management fees 1,868 1,682 Fees for other customer services 686 601 Noninterest income (in-scope of Topic 606) $ 7,810 $ 7,717 Noninterest income (out-of-scope of Topic 606) 742 1,440 Total noninterest income $ 8,552 $ 9,157

Note 24 - Parent Company Only F

Note 24 - Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 24. FIRST NATIONAL CORPORATION (Parent Company Only) Balance Sheets December 31, 2019 2018 (in thousands) 2019 2018 Assets Cash $ 9,778 $ 12,257 Investment in subsidiaries, at cost, plus undistributed net income 81,399 68,357 Other assets 312 314 Total assets $ 91,489 $ 80,928 Liabilities and Shareholders’ Equity Subordinated debt $ 4,983 $ 4,965 Junior subordinated debt 9,279 9,279 Other liabilities 8 10 Total liabilities $ 14,270 $ 14,254 Preferred stock $ — $ — Common stock 6,212 6,197 Surplus 7,700 7,471 Retained earnings 62,583 54,814 Accumulated other comprehensive income (loss), net 724 (1,808 ) Total shareholders’ equity $ 77,219 $ 66,674 Total liabilities and shareholders’ equity $ 91,489 $ 80,928 FIRST NATIONAL CORPORATION (Parent Company Only) Statements of Income Years Ended December 31, 2019 2018 (in thousands) 2019 2018 Income Dividends from subsidiary $ 3,600 $ 4,000 Total income $ 3,600 $ 4,000 Expense Interest expense $ 782 $ 757 Supplies 3 3 Legal and professional fees 137 143 Data processing 26 43 Management fee-subsidiary 283 284 Other expense 103 8 Total expense $ 1,334 $ 1,238 Income before allocated tax benefits and undistributed income of subsidiary $ 2,266 $ 2,762 Allocated income tax benefit 280 260 Income before equity in undistributed income of subsidiary $ 2,546 $ 3,022 Equity in undistributed income of subsidiary 7,010 7,113 Net income $ 9,556 $ 10,135 FIRST NATIONAL CORPORATION (Parent Company Only) Statements of Cash Flows Years Ended December 31, 2019 2018 (in thousands) 2019 2018 Cash Flows from Operating Activities Net income $ 9,556 $ 10,135 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of subsidiary (7,010 ) (7,113 ) Amortization of debt issuance costs 18 17 Decrease in other assets 2 13 (Decrease) increase in other liabilities (2 ) 6 Net cash provided by operating activities $ 2,564 $ 3,058 Cash Flows from Financing Activities Cash dividends paid on common stock, net of reinvestment $ (1,674 ) $ (929 ) Distribution of capital to subsidiary (3,500 ) — Net proceeds from issuance of common stock 183 189 Repurchase of common stock (52 ) (25 ) Net cash used in financing activities $ (5,043 ) $ (765 ) (Decrease) increase in cash and cash equivalents $ (2,479 ) $ 2,293 Cash and Cash Equivalents Beginning 12,257 9,964 Ending $ 9,778 $ 12,257

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements of First National Corporation include the accounts of all six
Use of Estimates, Policy [Policy Text Block]	Use of Estimates In preparing consolidated financial statements in conformity with accounting principles generally accepted in the United States, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated balance sheet and 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 in the near term relate to the determination of the allowance for loan losses.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within the Shenandoah Valley, central regions of Virginia, and the city of Richmond. The types of lending that the Company engages in are included in Note 3. not one
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company has defined cash equivalents as those amounts included in the balance sheet captions “Cash and due from banks” and “Interest-bearing deposits in banks.”
Investment, Policy [Policy Text Block]	Securities Investments in debt securities with readily determinable fair values are classified as either held to maturity (HTM), available for sale (AFS), or trading based on management’s intent. Currently, all of the Company’s debt securities are classified as either AFS or HTM. Equity investments in the FHLB, the Federal Reserve Bank of Richmond, and Community Bankers Bank are separately classified as restricted securities and are carried at cost. AFS securities are carried at estimated fair value with the corresponding unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss), and HTM securities are carried at amortized cost. When an individual AFS security is sold, the Company releases the income tax effects associated with the AFS security from accumulated other comprehensive income (loss). Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains or losses on the sale of securities are recorded on the trade date using the amortized cost of the specific security sold. Impairment of securities occurs when the fair value of a security is less than its amortized cost. For debt securities, impairment is considered other-than-temporary and recognized in its entirety in net income if either the Company ( 1 2 not not not no no For equity securities carried at cost, such as restricted securities, impairment is considered to be other-than-temporary based on the Company’s ability and intent to hold the investment until a recovery of fair value. Other-than-temporary impairment of an equity security results in a write-down that must be included in income. The Company regularly reviews each security for other-than-temporary impairment based on criteria that include the extent to which cost exceeds market price, the duration of that market decline, the financial health of and specific prospects for the issuer, the best estimate of the present value of cash flows expected to be collected from debt securities, the Company’s intention with regard to holding the security to maturity, and the likelihood that the Company would be required to sell the security before recovery.
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or estimated fair value. The Company, through its banking subsidiary, requires a firm purchase commitment from a permanent investor before loans held for sale can be closed, thus limiting interest rate risk. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. The Bank enters into commitments to originate mortgage loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. The period of time between issuance of a loan commitment and closing and sale of the loan generally ranges from 30 60 not The market value of rate lock commitments and best efforts contracts is not not no
Financing Receivable [Policy Text Block]	Loans The Company, through its banking subsidiary, grants mortgage, commercial, and consumer loans to customers. The Bank segments its loan portfolio into real estate loans, commercial and industrial loans, and consumer and other loans. Real estate loans are further divided into the following classes: Construction and Land Development; 1 4 Real Estate Loans – Construction and Land Development one four Real Estate Loans – 1 4 Family one four first Real Estate Loans – Other Commercial and Industrial Loans: may Consumer and Other Loans A substantial portion of the loan portfolio is represented by residential and commercial loans secured by real estate throughout the Bank's market area. The ability of the Bank’s debtors to honor their contracts may Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances less the allowance for loan losses and any deferred fees or costs on originated loans. Interest income is accrued and credited to income based on the unpaid principal balance. Loan origination fees, net of certain origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. A loan’s past due status is based on the contractual due date of the most delinquent payment due. Loans are generally placed on non-accrual status when the collection of principal or interest is 90 90 may first may All interest accrued but not Any unsecured loan that is deemed uncollectible is charged-off in full. Any secured loan that is considered by management to be uncollectible is partially charged-off and carried at the fair value of the collateral less estimated selling costs. This charge-off policy applies to all loan segments.
Impaired Financing Receivable, Policy [Policy Text Block]	Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect all scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value (net of selling costs), and the probability of collecting scheduled principal and interest payments when due. Additionally, management generally evaluates substandard and doubtful loans greater than $250 not not $250
Troubled Debt Restructuring [Policy Text Block]	Troubled Debt Restructurings (TDR) In situations where, for economic or legal reasons related to a borrower’s financial condition, management grants a concession to the borrower that it would not no may $360 $467 December 31, 2019 2018
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management determines that the loan balance is uncollectible. Subsequent recoveries, if any, are credited to the allowance. For further information about the Company’s loans and the allowance for loan losses, see Notes 3 4. The allowance for loan losses is evaluated on a quarterly 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 Company performs regular credit reviews of the loan portfolio to review credit quality and adherence to underwriting standards. The credit reviews consist of reviews by its internal credit administration department and reviews performed by an independent third one one The allowance represents an amount that, in management’s judgment, will be adequate to absorb any losses on existing loans that may may • 1 4 • Real estate construction and land development loans carry risks that the project may not may not may, may may not may • Other real estate loans carry risks associated with the successful operation of a business or a real estate project, in addition to other risks associated with the ownership of real estate, because repayment of these loans may • Commercial and industrial loans carry risks associated with the successful operation of a business because repayment of these loans may may • Consumer and other loans carry risk associated with the continued creditworthiness of the borrower and the value of the collateral, if any. These loans are typically either unsecured or secured by rapidly depreciating assets such as automobiles. They are also likely to be immediately and adversely affected by job loss, divorce, illness, personal bankruptcy, or other changes in circumstances. Consumer and other loans also include purchased consumer loans which could have been originated outside of the Company's market area. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are classified as impaired, and is established when the discounted cash flows, fair value of collateral less estimated costs to sell, or observable market price of the impaired loan is lower than the carrying value of that loan. For collateral dependent loans, an updated appraisal is ordered if a current one not third may The general component covers loans that are not twelve may
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost, less accumulated depreciation and amortization. Premises and equipment are depreciated over their estimated useful lives ranging from three forty three seven Costs of maintenance and repairs are charged to expense as incurred. Costs of replacing structural parts of major units are considered individually and are expensed or capitalized as the facts dictate. Gains and losses on routine dispositions are reflected in current operations.
Real Estate Held for Development and Sale, Policy [Policy Text Block]	Other Real Estate Owned Other real estate owned (OREO) consists of properties obtained through a foreclosure proceeding or through an in-substance foreclosure in satisfaction of loans and properties originally acquired for branch operations or expansion but no may
Bank Owned Life Insurance [Policy Text Block]	Bank-Owned Life Insurance The Company owns insurance on the lives of a certain group of key employees. The policies were purchased to help offset the increase in the costs of various fringe benefit plans, including healthcare. The cash surrender value of these policies is included as an asset on the consolidated balance sheets, and any increase in cash surrender value is recorded as income from bank owned life insurance on the consolidated statements of income. In the event of the death of an insured individual under these policies, the Company receives a death benefit which is also recorded as income from bank owned life insurance. The Company recorded $469 December 31, 2018. not December 31, 2019.
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Intangible Assets Intangible assets consist of a core deposit intangible asset arising from a branch acquisition which is amortized on an accelerated method over its estima ted useful life of six
Share-based Payment Arrangement [Policy Text Block]	Stock Based Compensation Compensation cost is recognized for restricted stock units and other stock awards issued to employees and directors based on the fair value of the awards at the date of grant. The market price of the Company’s common stock at the date of grant is used to estimate the fair value of restricted stock units and other stock awards.
Pension and Other Postretirement Plans, Pensions, Policy [Policy Text Block]	Retirement Plans Employee 401
Transfers and Servicing of Financial Assets, Transfers of Financial Assets, Policy [Policy Text Block]	Transfers of Financial Assets Transfers of financial assets, including loan participations, 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
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income tax assets and liabilities are determined using the asset and liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is determined based on the tax effects of the temporary differences between the book and tax bases of the various balance sheet assets and liabilities and gives current recognition to changes in tax rates and laws. Deferred taxes are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not not not 50 no December 31, 2019 2018
Management and Investment Advisory Fees, Policy [Policy Text Block]	Wealth Management Department Securities and other property held by the wealth management department in a fiduciary or agency capacity are not not
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Common Share Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may 14
Advertising Cost [Policy Text Block]	Advertising Costs The Company follows the policy of charging the production costs of advertising to expense as incurred. Total advertising expense incurred for 2019 2018 $449 $359
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains, and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities and pension liability adjustments, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income.
Commitments and Contingencies, Policy [Policy Text Block]	Loss Contingencies Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not
Reclassification, Policy [Policy Text Block]	Reclassifications Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Standards On January 1, 2019, No. 2016 02, 842 2016 02, 1 2 606, not may not 842 2018 10 842, 2018 11 842 2018 11 840, not 17. On January 1, 2019, No. 2017 08, 310 20 2017 08 not no On January 1, 2019, No. 2017 12, 815 2017 12 not January 1, 2019, $ 23.4 $431 Recent Accounting Pronouncements In June 2016, No. 2016 13, 326 December 15, 2019, December 15, 2022. 2016 13 may In April 2019, No. 2019 04, 326, 815, 825, 2016 1, 2016 03, 2017 12. 2019 04 In May 2019, No. 2019 05, 326 326 20 825 10, 326. not 2019 05 2016 13. 2019 05 In November 2019, No. 2019 11, 326, 2016 13, 326 not 2016 13. 2019 11 In December 2019, No. 2019 12, 740 740 December 15, 2020, 2019 12 In January 2020, No. 2020 01, 321 323 815 321, 323, 815.” 2016 01 December 15, 2020, not 2020 01 Effective November 25, 2019, 119. 119 326, 1 2 3 4

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 94,461 $ 778 $ (334 ) $ 94,905 Obligations of states and political subdivisions 25,607 476 (5 ) 26,078 Total securities available for sale $ 120,068 $ 1,254 $ (339 ) $ 120,983 Securities held to maturity: U.S. agency and mortgage-backed securities $ 12,528 $ 6 $ (80 ) $ 12,454 Obligations of states and political subdivisions 3,599 81 — 3,680 Corporate debt securities 1,500 12 — 1,512 Total securities held to maturity $ 17,627 $ 99 $ (80 ) $ 17,646 Total securities $ 137,695 $ 1,353 $ (419 ) $ 138,629 2018 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 86,944 $ 44 $ (2,066 ) $ 84,922 Obligations of states and political subdivisions 15,203 31 (299 ) 14,935 Total securities available for sale $ 102,147 $ 75 $ (2,365 ) $ 99,857 Securities held to maturity: U.S. agency and mortgage-backed securities $ 27,420 $ — $ (869 ) $ 26,551 Obligations of states and political subdivisions 14,488 20 (174 ) 14,334 Corporate debt securities 1,500 9 — 1,509 Total securities held to maturity $ 43,408 $ 29 $ (1,043 ) $ 42,394 Total securities $ 145,555 $ 104 $ (3,408 ) $ 142,251
Schedule of Temporary Impairment Losses, Investments [Table Text Block]	2019 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. agency and mortgage-backed securities $ 29,853 $ (207 ) $ 13,083 $ (127 ) $ 42,936 $ (334 ) Obligations of states and political subdivisions 1,373 (5 ) — — 1,373 (5 ) Total securities available for sale $ 31,226 $ (212 ) $ 13,083 $ (127 ) $ 44,309 $ (339 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ 3,516 $ (10 ) $ 5,936 $ (70 ) $ 9,452 $ (80 ) Total securities held to maturity $ 3,516 $ (10 ) $ 5,936 $ (70 ) $ 9,452 $ (80 ) Total securities $ 34,742 $ (222 ) $ 19,019 $ (197 ) $ 53,761 $ (419 ) 2018 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. agency and mortgage-backed securities $ 26,350 $ (215 ) $ 49,652 $ (1,851 ) $ 76,002 $ (2,066 ) Obligations of states and political subdivisions 3,761 (25 ) 5,127 (274 ) 8,888 (299 ) Total securities available for sale $ 30,111 $ (240 ) $ 54,779 $ (2,125 ) $ 84,890 $ (2,365 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ 26,551 $ (869 ) $ 26,551 $ (869 ) Obligations of states and political subdivisions 5,326 (37 ) 6,115 (137 ) 11,441 (174 ) Total securities held to maturity $ 5,326 $ (37 ) $ 32,666 $ (1,006 ) $ 37,992 $ (1,043 ) Total securities $ 35,437 $ (277 ) $ 87,445 $ (3,131 ) $ 122,882 $ (3,408 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,059 $ 2,070 $ 436 $ 437 Due after one year through five years 6,336 6,350 4,737 4,794 Due after five years through ten years 32,867 33,427 3,334 3,351 Due after ten years 78,806 79,136 9,120 9,064 $ 120,068 $ 120,983 $ 17,627 $ 17,646
Marketable Securities [Table Text Block]	2019 2018 Federal Home Loan Bank stock $ 776 $ 763 Federal Reserve Bank stock 980 875 Community Bankers’ Bank stock 50 50 $ 1,806 $ 1,688

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	2019 2018 Real estate loans: Construction and land development $ 43,164 $ 45,867 Secured by 1-4 family residential 229,438 215,945 Other real estate 236,555 219,553 Commercial and industrial loans 50,153 44,605 Consumer and other loans 15,036 16,886 Total loans $ 574,346 $ 542,856 Allowance for loan losses (4,934 ) (5,009 ) Loans, net $ 569,412 $ 537,847
Financing Receivable, Past Due [Table Text Block]	December 31, 2019 30-59 Days Past Due 60-89 Days Past Due >90 Days Past Due Total Past Due Current Total Loans Non-Accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ — $ 136 $ 30 $ 166 $ 42,998 $ 43,164 $ 367 $ 30 1-4 family residential 1,428 306 115 1,849 227,589 229,438 630 67 Other real estate loans 457 — 416 873 235,682 236,555 462 — Commercial and industrial 45 50 — 95 50,058 50,153 — — Consumer and other loans 83 79 — 162 14,874 15,036 — — Total $ 2,013 $ 571 $ 561 $ 3,145 $ 571,201 $ 574,346 $ 1,459 $ 97 December 31, 2018 30-59 Days Past Due 60-89 Days Past Due >90 Days Past Due Total Past Due Current Total Loans Non-Accrual Loans 90 Days or More Past Due and Accruing Real estate loans: Construction and land development $ 88 $ 80 $ — $ 168 $ 45,699 $ 45,867 $ 327 $ — 1-4 family residential 747 393 423 1,563 214,382 215,945 663 — Other real estate loans 145 36 2,207 2,388 217,165 219,553 1,985 222 Commercial and industrial — 25 210 235 44,370 44,605 197 13 Consumer and other loans 90 — — 90 16,796 16,886 — — Total $ 1,070 $ 534 $ 2,840 $ 4,444 $ 538,412 $ 542,856 $ 3,172 $ 235
Financing Receivable Credit Quality Indicators [Table Text Block]	December 31, 2019 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 42,636 $ — $ 528 $ — $ 43,164 Secured by 1-4 family residential 228,029 524 885 — 229,438 Other real estate loans 233,240 537 2,778 — 236,555 Commercial and industrial 48,527 948 678 — 50,153 Consumer and other loans 10,976 4,060 — — 15,036 Total $ 563,408 $ 6,069 $ 4,869 $ — $ 574,346 December 31, 2018 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 45,054 $ 235 $ 578 $ — $ 45,867 Secured by 1-4 family residential 214,089 924 932 — 215,945 Other real estate loans 213,681 900 4,972 — 219,553 Commercial and industrial 44,373 19 213 — 44,605 Consumer and other loans 16,886 — — — 16,886 Total $ 534,083 $ 2,078 $ 6,695 $ — $ 542,856

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	December 31, 2019 Construction and Land Development Secure by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for loan losses: Beginning Balance,December 31, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Charge-offs (2 ) (58 ) (27 ) (2 ) (795 ) (884 ) Recoveries 50 9 1 8 291 359 Provision for (recovery of) loan losses (145 ) (70 ) 162 92 411 450 Ending Balance, December 31, 2019 $ 464 $ 776 $ 2,296 $ 562 $ 836 $ 4,934 Ending Balance: Individually evaluated for impairment 22 11 — — — 33 Collectively evaluated for impairment 442 765 2,296 562 836 4,901 Loans: Ending Balance 43,164 229,438 236,555 50,153 15,036 574,346 Individually evaluated for impairment 367 630 462 — — 1,459 Collectively evaluated for impairment 42,797 228,808 236,093 50,153 15,036 572,887 December 31, 2018 Construction and Land Development Secured by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for loan losses: Beginning Balance, December 31, 2017 $ 414 $ 775 $ 2,948 $ 418 $ 771 $ 5,326 Charge-offs — (55 ) — (10 ) (1,104 ) (1,169 ) Recoveries — 13 5 8 226 252 Provision for (recovery of) loan losses 147 162 (793 ) 48 1,036 600 Ending Balance, December 31, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Ending Balance: Individually evaluated for impairment 71 172 — — — 243 Collectively evaluated for impairment 490 723 2,160 464 929 4,766 Loans: Ending Balance 45,867 215,945 219,553 44,605 16,886 542,856 Individually evaluated for impairment 327 663 2,249 197 — 3,436 Collectively evaluated for impairment 45,540 215,282 217,304 44,408 16,886 539,420
Impaired Financing Receivables [Table Text Block]	December 31, 2019 Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Real estate loans: Construction and land development $ 401 $ 70 $ 297 $ 367 $ 22 $ 369 $ 1 Secured by 1-4 family 729 488 142 630 11 769 1 Other real estate loans 509 462 — 462 — 766 3 Commercial and industrial — — — — — 22 — Total $ 1,639 $ 1,020 $ 439 $ 1,459 $ 33 $ 1,926 $ 5 December 31, 2018 Unpaid Principal Balance Recorded Investment with No Allowance Recorded Investment with Allowance Total Recorded Investment Related Allowance Average Recorded Investment Interest Income Recognized Real estate loans: Construction and land development $ 336 $ — $ 327 $ 327 $ 71 $ 758 $ 12 Secured by 1-4 family 720 356 307 663 172 966 22 Other real estate loans 2,290 2,249 — 2,249 — 1,585 51 Commercial and industrial 200 197 — 197 — 146 — Total $ 3,546 $ 2,802 $ 634 $ 3,436 $ 243 $ 3,455 $ 85

Note 5 - Other Real Estate Ow_2

Note 5 - Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Real Estate Investment Financial Statements, Disclosure [Table Text Block]	2019 2018 Balance at the beginning of year, gross $ — $ 326 Transfers in — 68 Sales proceeds — (416 ) Gain on disposition — 22 Balance at the end of year, gross $ — $ — Less: valuation allowance — — Balance at the end of year, net $ — $ —

Note 6 - Premises and Equipme_2

Note 6 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Property, Plant and Equipment [Table Text Block]	2019 2018 Land $ 4,717 $ 4,717 Buildings and leasehold improvements 19,754 18,633 Furniture and equipment 6,815 7,026 Construction in process 17 870 $ 31,303 $ 31,246 Less accumulated depreciation 11,556 11,180 $ 19,747 $ 20,066

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Time Deposit Maturities [Table Text Block]	2020 $ 72,857 2021 20,460 2022 8,670 2023 8,559 2024 6,962 Thereafter 56 $ 117,564

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2019 2018 Deferred Tax Assets Allowance for loan losses $ 1,036 $ 1,052 Unrealized losses on securities available for sale — 481 Post-retirement benefits 46 — Core deposit intangible 391 371 Unvested stock-based compensation 18 14 Limited partnership investments 13 14 Lease liability 67 — Loan origination fees, net 71 58 $ 1,642 $ 1,990 Deferred Tax Liabilities Depreciation $ 741 $ 682 Right of use asset 68 — Discount accretion — 1 Unrealized gains on securities available for sale 192 — $ 1,001 $ 683 Net deferred tax assets $ 641 $ 1,307
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2019 2018 Current tax expense $ 2,246 $ 2,152 Deferred tax (benefit) expense (8 ) 135 $ 2,238 $ 2,287
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2019 2018 Computed tax expense at statutory federal rate $ 2,477 $ 2,609 Increase in income taxes resulting from: Other 14 12 Decrease in income taxes resulting from: Tax-exempt interest and dividend income (157 ) (158 ) Income from bank owned life insurance (96 ) (176 ) $ 2,238 $ 2,287

Note 13 - Benefit Plans (Tables

Note 13 - Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]	2019 2018 Change in Benefit Obligation Benefit obligation, beginning of year $ — $ 5,283 Interest cost — 17 Benefits paid — (5,284 ) Gain due to settlement — (16 ) Benefit obligation, end of year $ — $ — Changes in Plan Assets Fair value of plan assets, beginning of year $ — $ 5,078 Actual return on plan assets — 1 Employer contributions — 205 Benefits paid — (5,284 ) Fair value of assets, end of year $ — $ — Funded Status, end of year $ — $ — Amount Recognized in Other Liabilities $ — $ —
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]	Amounts Recognized in Accumulated Other Comprehensive Income (Loss), net of tax Net gain $ — $ — Deferred income tax expense — — Amount recognized $ — $ — Weighted Average Assumptions Used to Determine Benefit Obligation Discount rate used for disclosure First five years N/A N/A Five years to twenty years N/A N/A After twenty years N/A N/A Expected return on plan assets N/A 1.00 % Rate of compensation increase N/A N/A
Schedule of Net Benefit Costs [Table Text Block]	Components of Net Periodic Benefit Cost Interest cost $ — $ 17 Expected return on plan assets — (8 ) Recognized net gain due to settlement — (135 ) Net periodic benefit cost (benefit) $ — $ (126 ) Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss) Net loss $ — $ 126 Total recognized in other comprehensive income (loss) $ — $ 126 Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss) $ — $ —
Defined Benefit Plan, Assumptions [Table Text Block]	2019 2018 Weighted Average Assumptions Used to Determine Net Periodic Benefit Cost Discount rate N/A 1.96 % Expected return on plan assets N/A 1.00 % Rate of compensation increase N/A N/A

Note 14 - Earnings Per Common_2

Note 14 - Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2019 2018 (Numerator): Net income $ 9,556 $ 10,135 (Denominator): Weighted average shares outstanding – basic 4,964,832 4,953,537 Potentially dilutive common shares – restricted stock units 3,100 2,839 Weighted average shares outstanding – diluted 4,967,932 4,956,376 Income per common share Basic $ 1.92 $ 2.05 Diluted $ 1.92 $ 2.04

Note 15 - Commitments and Unf_2

Note 15 - Commitments and Unfunded Credits (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	2019 2018 Commitments to extend credit and unfunded commitments under lines of credit $ 92,528 $ 91,109 Stand-by letters of credit 10,950 9,947

Note 17 - Lease Commitments (Ta

Note 17 - Lease Commitments (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Assets and Liabilities, Lessee [Table Text Block]	Classification in the Consolidated Balance Sheet 2019 Operating lease right-of-use asset Other assets $ 325 Operating lease liability Accrued interest payable and other liabilities 321
Lease, Cost [Table Text Block]	2019 Weighted average remaining lease term, in years 2.9 Weighted average discount rate 2.60 % 2019 Lease Expense Operating lease expense $ 133 Short-term lease expense 4 Total lease expense (1) $ 137 Cash paid for amounts included in lease liability $ 136
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Twelve months ending December 31, 2020 $ 128 Twelve months ending December 31, 2021 109 Twelve months ending December 31, 2022 85 Twelve months ending December 31, 2023 11 Total undiscounted cash flows $ 333 Less: discount (12 ) Operating lease liability $ 321

Note 19 - Fair Value Measurem_2

Note 19 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at December 31, 2019 Description Balance as of December 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale U.S. agency and mortgage-backed securities $ 94,905 $ — $ 94,905 $ — Obligations of states and political subdivisions 26,078 — 26,078 — $ 120,983 $ — $ 120,983 $ — Fair Value Measurements at December 31, 2018 Description Balance as of December 31, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale U.S. agency and mortgage-backed securities $ 84,922 $ — $ 84,922 $ — Obligations of states and political subdivisions 14,935 — 14,935 — $ 99,857 $ — $ 99,857 $ —
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at December 31, 2019 Description Balance as of December 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 406 $ — $ — $ 406 Fair Value Measurements at December 31, 2018 Description Balance as of December 31, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs(Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 391 $ — $ — $ 391
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) Impaired loans, net $ 406 Property appraisals Selling cost 10 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2018 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) Impaired loans, net $ 391 Property appraisals Selling cost 10 %
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at December 31, 2019 Using Carrying Amount Quoted Prices in Active Markets for Identical Assets Level 1 Significant Other Observable Inputs Level 2 Significant Unobservable Inputs Level 3 Fair Value Financial Assets Cash and short-term investments $ 45,785 $ 45,785 $ — $ — $ 45,785 Securities available for sale 120,983 — 120,983 — 120,983 Securities held to maturity 17,627 — 16,134 1,512 17,646 Restricted securities 1,806 — 1,806 — 1,806 Loans held for sale 167 — 167 — 167 Loans, net 569,412 — — 572,910 572,910 Bank owned life insurance 17,447 — 17,447 — 17,447 Accrued interest receivable 2,065 — 2,065 — 2,065 Financial Liabilities Deposits $ 706,442 $ — $ 588,878 $ 117,071 $ 705,949 Subordinated debt 4,983 — — 5,023 5,023 Junior subordinated debt 9,279 — — 9,724 9,724 Accrued interest payable 184 — 184 — 184 Fair Value Measurements at December 31, 2018 Using Carrying Amount Quoted Prices in Active Markets for Identical Assets Level 1 Significant Other Observable Inputs Level 2 Significant Unobservable Inputs Level 3 Fair Value Financial Assets Cash and short-term investments $ 28,618 $ 28,618 $ — $ — $ 28,618 Securities available for sale 99,857 — 99,857 — 99,857 Securities held to maturity 43,408 — 40,885 1,509 42,394 Restricted securities 1,688 — 1,688 — 1,688 Loans held for sale 419 — 419 — 419 Loans, net 537,847 — — 528,643 528,643 Bank owned life insurance 13,991 — 13,991 — 13,991 Accrued interest receivable 2,113 — 2,113 — 2,113 Financial Liabilities Deposits $ 670,566 $ — $ 551,347 $ 117,220 $ 668,567 Subordinated debt 4,965 — — 5,035 5,035 Junior subordinated debt 9,279 — — 7,952 7,952 Accrued interest payable 139 — 139 — 139

Note 20 - Regulatory Matters (T

Note 20 - Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2019: Total Capital (to Risk-Weighted Assets) $ 85,439 14.84 % $ 46,046 8.00 % $ 57,557 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 80,505 13.99 % $ 34,534 6.00 % $ 46,046 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 80,505 13.99 % $ 25,901 4.50 % $ 37,412 6.50 % Tier 1 Capital (to Average Assets) $ 80,505 10.13 % $ 31,799 4.00 % $ 39,749 5.00 % December 31, 2018: Total Capital (to Risk-Weighted Assets) $ 74,697 13.62 % $ 43,859 8.00 % $ 54,824 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 69,688 12.71 % $ 32,894 6.00 % $ 43,859 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 69,688 12.71 % $ 24,671 4.50 % $ 35,635 6.50 % Tier 1 Capital (to Average Assets) $ 69,688 9.26 % $ 30,100 4.00 % $ 37,625 5.00 %

Note 21 - Accumulated Other C_2

Note 21 - Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Net Unrealized Gains (Losses) on Securities Adjustments Related to Pension Benefits Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2017 $ (1,057 ) $ 99 $ (958 ) Unrealized holding losses (net of tax, ($200)) (752 ) — (752 ) Reclassification adjustment (net of tax, $0) 1 — 1 Pension liability adjustment (net of tax, ($27)) — (99 ) (99 ) Change during period (751 ) (99 ) (850 ) Balance at December 31, 2018 $ (1,808 ) $ — $ (1,808 ) Unrealized holding gains (net of tax, $764) 2,873 — 2,873 Unrealized holding losses transferred from held to maturity to available for sale (net of tax, ($91)) (340 ) — (340 ) Reclassification adjustment (net of tax, $0) (1 ) — (1 ) Change during period 2,532 — 2,532 Balance at December 31, 2019 $ 724 $ — $ 724
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income For the year ended December 31, 2019 2018 Securities available for sale: Net securities (gains) losses reclassified into earnings $ (1 ) $ 1 Net gains (losses) on securities available for sale Related income tax expense (benefit) — — Income tax expense Total reclassifications $ (1 ) $ 1 Net of tax

Note 22 - Stock Compensation _2

Note 22 - Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	2019 Shares Weighted Average Grant Date Fair Value Unvested, January 1, 2019 7,103 $ 17.93 Granted 8,692 19.56 Vested (5,402 ) 17.99 Forfeited — — Unvested, December 31, 2019 10,393 $ 19.26

Note 23 - Revenue Recognition (

Note 23 - Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Disaggregation of Revenue [Table Text Block]	2019 2018 Noninterest Income Service charges on deposit accounts $ 2,926 $ 3,178 ATM and check card fees 2,330 2,256 Wealth management fees 1,868 1,682 Fees for other customer services 686 601 Noninterest income (in-scope of Topic 606) $ 7,810 $ 7,717 Noninterest income (out-of-scope of Topic 606) 742 1,440 Total noninterest income $ 8,552 $ 9,157

Note 24 - Parent Company Only_2

Note 24 - Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Condensed Balance Sheet [Table Text Block]	2019 2018 Assets Cash $ 9,778 $ 12,257 Investment in subsidiaries, at cost, plus undistributed net income 81,399 68,357 Other assets 312 314 Total assets $ 91,489 $ 80,928 Liabilities and Shareholders’ Equity Subordinated debt $ 4,983 $ 4,965 Junior subordinated debt 9,279 9,279 Other liabilities 8 10 Total liabilities $ 14,270 $ 14,254 Preferred stock $ — $ — Common stock 6,212 6,197 Surplus 7,700 7,471 Retained earnings 62,583 54,814 Accumulated other comprehensive income (loss), net 724 (1,808 ) Total shareholders’ equity $ 77,219 $ 66,674 Total liabilities and shareholders’ equity $ 91,489 $ 80,928
Condensed Income Statement [Table Text Block]	2019 2018 Income Dividends from subsidiary $ 3,600 $ 4,000 Total income $ 3,600 $ 4,000 Expense Interest expense $ 782 $ 757 Supplies 3 3 Legal and professional fees 137 143 Data processing 26 43 Management fee-subsidiary 283 284 Other expense 103 8 Total expense $ 1,334 $ 1,238 Income before allocated tax benefits and undistributed income of subsidiary $ 2,266 $ 2,762 Allocated income tax benefit 280 260 Income before equity in undistributed income of subsidiary $ 2,546 $ 3,022 Equity in undistributed income of subsidiary 7,010 7,113 Net income $ 9,556 $ 10,135
Condensed Cash Flow Statement [Table Text Block]	2019 2018 Cash Flows from Operating Activities Net income $ 9,556 $ 10,135 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income of subsidiary (7,010 ) (7,113 ) Amortization of debt issuance costs 18 17 Decrease in other assets 2 13 (Decrease) increase in other liabilities (2 ) 6 Net cash provided by operating activities $ 2,564 $ 3,058 Cash Flows from Financing Activities Cash dividends paid on common stock, net of reinvestment $ (1,674 ) $ (929 ) Distribution of capital to subsidiary (3,500 ) — Net proceeds from issuance of common stock 183 189 Repurchase of common stock (52 ) (25 ) Net cash used in financing activities $ (5,043 ) $ (765 ) (Decrease) increase in cash and cash equivalents $ (2,479 ) $ 2,293 Cash and Cash Equivalents Beginning 12,257 9,964 Ending $ 9,778 $ 12,257

Note 1 - Nature of Banking Ac_2

Note 1 - Nature of Banking Activities and Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	Jan. 01, 2019	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Troubled Debt Restructuring		$ 360	$ 467
Bank Owned Life Insurance Income		456	840
Advertising Expense		449	359
Debt Securities, Held-to-maturity, Total		17,627
Other Comprehensive Income (Loss), Transfers from Held-to-maturity to Available-for-Sale Securities, before Tax		(431)
Debt Securities, Available-for-sale, Total		120,983	99,857
Accounting Standards Update 2017-12 [Member]
Debt Securities, Held-to-maturity, Total	$ (23,400)
Other Comprehensive Income (Loss), Transfers from Held-to-maturity to Available-for-Sale Securities, before Tax	431
Debt Securities, Available-for-sale, Total	$ 23,400
Life Insurance Product Line [Member]
Bank Owned Life Insurance Income			$ 469
Minimum [Member]
Amount of Substandard and Doubtful Loans Evaluated as Impaired		250
Amount of Small Balance Homogeneous Impaired Loans not Separately Identified		$ 250
Minimum [Member] | Core Deposits [Member]
Finite-Lived Intangible Asset, Useful Life		6 years
Minimum [Member] | Premises and Equipment [Member]
Property, Plant and Equipment, Useful Life		3 years
Minimum [Member] | Software and Software Development Costs [Member]
Property, Plant and Equipment, Useful Life		3 years
Maximum [Member] | Premises and Equipment [Member]
Property, Plant and Equipment, Useful Life		40 years
Maximum [Member] | Software and Software Development Costs [Member]
Property, Plant and Equipment, Useful Life		7 years

Note 2 - Securities (Details Te

Note 2 - Securities (Details Textual) $ in Thousands	Jan. 01, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Weighted Average Re-pricing Term		3 years 255 days	4 years 219 days
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale, Total		$ 22,031	$ 15,694
Available-for-sale Securities, Gross Realized Gains		1	0
Available-for-sale Securities, Gross Realized Losses		0	1
Proceeds from Maturities, Prepayments and Calls of Held-to-maturity Securities		2,200	4,600
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Recognized in Earnings		0	0
Debt Securities, Held-to-maturity, Sold, Realized Gain (Loss)		0	0
Debt Securities, Held-to-maturity, Fair Value, Total		17,646	42,394
Debt Securities, Available-for-sale, Total		120,983	99,857
Other Comprehensive Income (Loss), Transfers from Held-to-maturity to Available-for-Sale Securities, before Tax		(431)
Available-for-sale Securities, Restricted, Total		40,500	43,100
Impairment Losses Related to Federal Home Loan Stock		0
Other Assets [Member]
Equity Securities without Readily Determinable Fair Value, Amount		$ 514	$ 466
Accounting Standards Update 2017-12 [Member]
Debt Securities, Held-to-maturity, Fair Value, Total	$ (23,000)
Debt Securities, Available-for-sale, Total	23,400
Other Comprehensive Income (Loss), Transfers from Held-to-maturity to Available-for-Sale Securities, before Tax	$ 431
US Agency and Mortgage-backed Securities [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total		42	83
Available-for-Sale Securities, Number of Securities		94	90
Debt Securities, Held-to-maturity, Fair Value, Total		$ 12,454	$ 26,551
Debt Securities, Available-for-sale, Total		$ 94,905	$ 84,922
Municipal Bonds [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total		3	56
Available-for-Sale Securities, Number of Securities		79	82
Debt Securities, Held-to-maturity, Fair Value, Total		$ 3,680	$ 14,334
Debt Securities, Available-for-sale, Total		$ 26,078	$ 14,935

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Amortized cost, available for sale securities	$ 120,068	$ 102,147
Gross unrealized gains, available for sale securities	1,254	75
Gross unrealized losses, available for sale securities	(339)	(2,365)
Debt Securities, Available-for-sale, Total	120,983	99,857
Amortized cost, held to maturity securities	17,627	43,408
Gross unrealized gains, held to maturity securities	99	29
Gross unrealized losses, held to maturity securities	(80)	(1,043)
Debt Securities, Held-to-maturity, Fair Value, Total	17,646	42,394
Amortized cost, total securities	137,695	145,555
Gross unrealized gains, total securities	1,353	104
Gross unrealized losses, total securities	(419)	(3,408)
Total securities	138,629	142,251
US Agency and Mortgage-backed Securities [Member]
Amortized cost, available for sale securities	94,461	86,944
Gross unrealized gains, available for sale securities	778	44
Gross unrealized losses, available for sale securities	(334)	(2,066)
Debt Securities, Available-for-sale, Total	94,905	84,922
Amortized cost, held to maturity securities	12,528	27,420
Gross unrealized gains, held to maturity securities	6
Gross unrealized losses, held to maturity securities	(80)	(869)
Debt Securities, Held-to-maturity, Fair Value, Total	12,454	26,551
Municipal Bonds [Member]
Amortized cost, available for sale securities	25,607	15,203
Gross unrealized gains, available for sale securities	476	31
Gross unrealized losses, available for sale securities	(5)	(299)
Debt Securities, Available-for-sale, Total	26,078	14,935
Amortized cost, held to maturity securities	3,599	14,488
Gross unrealized gains, held to maturity securities	81	20
Gross unrealized losses, held to maturity securities		(174)
Debt Securities, Held-to-maturity, Fair Value, Total	3,680	14,334
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities	1,500	1,500
Gross unrealized gains, held to maturity securities	12	9
Gross unrealized losses, held to maturity securities
Debt Securities, Held-to-maturity, Fair Value, Total	$ 1,512	$ 1,509

Note 2 - Securities - Investmen

Note 2 - Securities - Investments in an Unrealized Loss Position That Were Temporarily Impaired (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Less than 12 months, fair value, available for sale securities	$ 31,226	$ 30,111
Less than 12 months, unrealized (loss), available for sale securities	(212)	(240)
12 months or more, fair value, available for sale securities	13,083	54,779
12 months or more, unrealized (loss), available for sale securities	(127)	(2,125)
Total, fair value, available for sale securities	44,309	84,890
Total, unrealized (loss), available for sale securities	(339)	(2,365)
Less than 12 months, fair value, held to maturity securities	3,516	5,326
Less than 12 months, unrealized (loss), held to maturity securities	(10)	(37)
12 months or more, fair value, held to maturity securities	5,936	32,666
12 months or more, unrealized (loss), held to maturity securities	(70)	(1,006)
Total, fair value, held to maturity securities	9,452	37,992
Total, unrealized (loss), held to maturity securities	(80)	(1,043)
Less than 12 months, fair value, total securities	34,742	35,437
Less than 12 months, unrealized (loss), total securities	(222)	(277)
12 months or more, fair value, total securities	19,019	87,445
12 months or more, unrealized (loss), total securities	(197)	(3,131)
Total, fair value, total securities	53,761	122,882
Total, unrealized (loss), total securities	(419)	(3,408)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	29,853	26,350
Less than 12 months, unrealized (loss), available for sale securities	(207)	(215)
12 months or more, fair value, available for sale securities	13,083	49,652
12 months or more, unrealized (loss), available for sale securities	(127)	(1,851)
Total, fair value, available for sale securities	42,936	76,002
Total, unrealized (loss), available for sale securities	(334)	(2,066)
Less than 12 months, fair value, held to maturity securities	3,516
Less than 12 months, unrealized (loss), held to maturity securities	(10)
12 months or more, fair value, held to maturity securities	5,936	26,551
12 months or more, unrealized (loss), held to maturity securities	(70)	(869)
Total, fair value, held to maturity securities	9,452	26,551
Total, unrealized (loss), held to maturity securities	(80)	(869)
Municipal Bonds [Member]
Less than 12 months, fair value, available for sale securities	1,373	3,761
Less than 12 months, unrealized (loss), available for sale securities	(5)	(25)
12 months or more, fair value, available for sale securities		5,127
12 months or more, unrealized (loss), available for sale securities		(274)
Total, fair value, available for sale securities	1,373	8,888
Total, unrealized (loss), available for sale securities	$ (5)	(299)
Less than 12 months, fair value, held to maturity securities		5,326
Less than 12 months, unrealized (loss), held to maturity securities		(37)
12 months or more, fair value, held to maturity securities		6,115
12 months or more, unrealized (loss), held to maturity securities		(137)
Total, fair value, held to maturity securities		11,441
Total, unrealized (loss), held to maturity securities		$ (174)

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Due within one year, amortized cost, available for sale securities	$ 2,059
Due within one year, fair value, available for sale securities	2,070
Due within one year, amortized cost, held to maturity securities	436
Due within one year, fair value, held to maturity securities	437
Due after one year through five years, amortized cost, available for sale securities	6,336
Due after one year through five years, fair value, available for sale securities	6,350
Due after one year through five years, amortized cost, held to maturity securities	4,737
Due after one year through five years, fair value, held to maturity securities	4,794
Due after five years through ten years, amortized cost, available for sale securities	32,867
Due after five years through ten years, fair value, available for sale securities	33,427
Due after five years through ten years, amortized cost, held to maturity securities	3,334
Due after five years through ten years, fair value, held to maturity securities	3,351
Due after ten years, amortized cost, available for sale securities	78,806
Due after ten years, fair value, available for sale securities	79,136
Due after ten years, amortized cost, held to maturity securities	9,120
Due after ten years, fair value, held to maturity securities	9,064
Fair value, available for sale securities	120,068	$ 102,147
Securities available for sale, at fair value	120,983	99,857
Amortized cost, held to maturity securities	17,627
Securities, fair value	$ 17,646	$ 42,394

Note 2 - Securities - Compositi

Note 2 - Securities - Composition of Restricted Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank stock	$ 776	$ 763
Federal Reserve Bank stock	980	875
Community Bankers’ Bank stock	50	50
Total restricted securities	$ 1,806	$ 1,688

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 340	$ 274
Loans and Leases Receivable, Gross, Total	574,346	542,856
Consumer and Other Loans [Member]
Loans and Leases Receivable, Gross, Total	15,036	16,886
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Loans and Leases Receivable, Gross, Total	$ 374	$ 275

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Loans	$ 574,346	$ 542,856
Allowance for loan losses	(4,934)	(5,009)	$ (5,326)
Loans, net	569,412	537,847
Commercial and Industrial Loans [Member]
Loans	50,153	44,605
Allowance for loan losses	(562)	(464)	(418)
Consumer and Other Loans [Member]
Loans	15,036	16,886
Allowance for loan losses	(836)	(929)	(771)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	43,164	45,867
Allowance for loan losses	(464)	(561)	(414)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	229,438	215,945
Allowance for loan losses	(776)	(895)	(775)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	236,555	219,553
Allowance for loan losses	$ (2,296)	(2,160)	$ (2,948)
Consumer and Other Loans [Member] | Consumer and Other Loans [Member]
Loans		$ 16,886

Note 3 - Loans - Summary of L_2

Note 3 - Loans - Summary of Loan Classes and an Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Total past due	$ 3,145	$ 4,444
Current	571,201	538,412
Loans	574,346	542,856
Non-accrual loans	1,459	3,172
Accruing loans past due 90 days or more amounted	97	235
Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	2,013	1,070
Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	571	534
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	561	2,840
Real Estate 1 [Member] | Construction and Land Development [Member]
Total past due	166	168
Current	42,998	45,699
Loans	43,164	45,867
Non-accrual loans	367	327
Accruing loans past due 90 days or more amounted	30
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due		88
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	136	80
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	30
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Total past due	1,849	1,563
Current	227,589	214,382
Loans	229,438	215,945
Non-accrual loans	630	663
Accruing loans past due 90 days or more amounted	67
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	1,428	747
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	306	393
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	115	423
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Total past due	873	2,388
Current	235,682	217,165
Loans	236,555	219,553
Non-accrual loans	462	1,985
Accruing loans past due 90 days or more amounted		222
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	457	145
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due		36
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	416	2,207
Commercial and Industrial Loans [Member]
Total past due	95	235
Current	50,058	44,370
Loans	50,153	44,605
Non-accrual loans		197
Accruing loans past due 90 days or more amounted		13
Commercial and Industrial Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	45
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	50	25
Commercial and Industrial Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due		210
Consumer and Other Loans [Member]
Total past due	162	90
Current	14,874	16,796
Loans	15,036	16,886
Non-accrual loans
Accruing loans past due 90 days or more amounted
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	83	90
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	79
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due

Note 3 - Loans - Analysis of th

Note 3 - Loans - Analysis of the Credit Risk Profile of Each Loan Class (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Loans	$ 574,346	$ 542,856
Pass [Member]
Loans	563,408	534,083
Special Mention [Member]
Loans	6,069	2,078
Substandard [Member]
Loans	4,869	6,695
Doubtful [Member]
Loans
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	43,164	45,867
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans	42,636	45,054
Real Estate 1 [Member] | Construction and Land Development [Member] | Special Mention [Member]
Loans		235
Real Estate 1 [Member] | Construction and Land Development [Member] | Substandard [Member]
Loans	528	578
Real Estate 1 [Member] | Construction and Land Development [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	229,438	215,945
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans	228,029	214,089
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Special Mention [Member]
Loans	524	924
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Substandard [Member]
Loans	885	932
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	236,555	219,553
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans	233,240	213,681
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Special Mention [Member]
Loans	537	900
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Substandard [Member]
Loans	2,778	4,972
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans
Commercial and Industrial Loans [Member]
Loans	50,153	44,605
Commercial and Industrial Loans [Member] | Pass [Member]
Loans	48,527	44,373
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans	948	19
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	678	213
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans
Consumer and Other Loans [Member]
Loans	15,036	16,886
Consumer and Other Loans [Member] | Pass [Member]
Loans	10,976	16,886
Consumer and Other Loans [Member] | Special Mention [Member]
Loans	4,060
Consumer and Other Loans [Member] | Substandard [Member]
Loans
Consumer and Other Loans [Member] | Doubtful [Member]
Loans

Note 4 - Allowance for Loan L_3

Note 4 - Allowance for Loan Losses (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Financing Receivable, Troubled Debt Restructuring	$ 360	$ 467
Allowance for Loan and Lease Losses, Period Increase (Decrease), Total		27
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	0		$ 0
Financing Receivable Non-accrual Loans Excluded from Impaired Loan Disclosure	0	0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 96	$ 111
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Performing Financial Instruments [Member]
Financing Receivable, Troubled Debt Restructuring	$ 0	$ 264

Note 4 - Allowance for Loan L_4

Note 4 - Allowance for Loan Losses - Allowance by Impairment Methodology and Loans by Impairment Methodology (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Beginning balance	$ 5,009	$ 5,326
Charge-offs	(884)	(1,169)
Recoveries	359	252
Provision for (recovery of) loan losses	450	600
Ending balance	4,934	5,009
Individually evaluated for impairment, allowance	33	243
Collectively evaluated for impairment, allowance	4,901	4,766
Loans	574,346	542,856
Individually evaluated for impairment, loans	1,459	3,436
Collectively evaluated for impairment, loans	572,887	539,420
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	561	414
Charge-offs	(2)
Recoveries	50
Provision for (recovery of) loan losses	(145)	147
Ending balance	464	561
Individually evaluated for impairment, allowance	22	71
Collectively evaluated for impairment, allowance	442	490
Loans	43,164	45,867
Individually evaluated for impairment, loans	367	327
Collectively evaluated for impairment, loans	42,797	45,540
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	895	775
Charge-offs	(58)	(55)
Recoveries	9	13
Provision for (recovery of) loan losses	(70)	162
Ending balance	776	895
Individually evaluated for impairment, allowance	11	172
Collectively evaluated for impairment, allowance	765	723
Loans	229,438	215,945
Individually evaluated for impairment, loans	630	663
Collectively evaluated for impairment, loans	228,808	215,282
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Beginning balance	2,160	2,948
Charge-offs	(27)
Recoveries	1	5
Provision for (recovery of) loan losses	162	(793)
Ending balance	2,296	2,160
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	2,296	2,160
Loans	236,555	219,553
Individually evaluated for impairment, loans	462	2,249
Collectively evaluated for impairment, loans	236,093	217,304
Commercial and Industrial Loans [Member]
Beginning balance	464	418
Charge-offs	(2)	(10)
Recoveries	8	8
Provision for (recovery of) loan losses	92	48
Ending balance	562	464
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	562	464
Loans	50,153	44,605
Individually evaluated for impairment, loans		197
Collectively evaluated for impairment, loans	50,153	44,408
Consumer and Other Loans [Member]
Beginning balance	929	771
Charge-offs	(795)	(1,104)
Recoveries	291	226
Provision for (recovery of) loan losses	411	1,036
Ending balance	836	929
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	836	929
Loans	15,036	16,886
Individually evaluated for impairment, loans
Collectively evaluated for impairment, loans	$ 15,036	$ 16,886

Note 4 - Allowance for Loan L_5

Note 4 - Allowance for Loan Losses - Impaired Loans and Related Allowances (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Impaired loans, unpaid principal balance	$ 1,639	$ 3,546
Impaired loans, recorded investment with no allowance	1,020	2,802
Impaired loans, recorded investment with allowance	439	634
Impaired loans, total recorded investment	1,459	3,436
Impaired loans, related allowance	33	243
Impaired loans, average recorded investment	1,926	3,455
Impaired loans, interest income recognized	5	85
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance	401	336
Impaired loans, recorded investment with no allowance	70
Impaired loans, recorded investment with allowance	297	327
Impaired loans, total recorded investment	367	327
Impaired loans, related allowance	22	71
Impaired loans, average recorded investment	369	758
Impaired loans, interest income recognized	1	12
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Impaired loans, unpaid principal balance	729	720
Impaired loans, recorded investment with no allowance	488	356
Impaired loans, recorded investment with allowance	142	307
Impaired loans, total recorded investment	630	663
Impaired loans, related allowance	11	172
Impaired loans, average recorded investment	769	966
Impaired loans, interest income recognized	1	22
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	509	2,290
Impaired loans, recorded investment with no allowance	462	2,249
Impaired loans, recorded investment with allowance
Impaired loans, total recorded investment	462	2,249
Impaired loans, related allowance
Impaired loans, average recorded investment	766	1,585
Impaired loans, interest income recognized	3	51
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance		200
Impaired loans, recorded investment with no allowance		197
Impaired loans, recorded investment with allowance
Impaired loans, total recorded investment		197
Impaired loans, related allowance
Impaired loans, average recorded investment	22	146
Impaired loans, interest income recognized

Note 5 - Other Real Estate Ow_3

Note 5 - Other Real Estate Owned (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Other Real Estate, Ending Balance			$ 326
Mortgage Loans in Process of Foreclosure, Amount	0
Other Real Estate Owned, Expenses	1	2
Residential Real Estate Properties [Member]
Other Real Estate, Ending Balance	$ 0	$ 0

Note 5 - Other Real Estate Ow_4

Note 5 - Other Real Estate Owned - Changes in the balance for OREO (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Balance at the beginning of year, gross		$ 326
Transfers in		68
Sales proceeds		(416)
Gain on disposition		22
Balance at the end of year, gross
Less: valuation allowance
Balance at the end of year, net

Note 6 - Premises and Equipme_3

Note 6 - Premises and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Depreciation, Total	$ 1.3	$ 1.3

Note 6 - Premises and Equipme_4

Note 6 - Premises and Equipment - Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment, Gross	$ 31,303	$ 31,246
Less accumulated depreciation	11,556	11,180
Property, Plant and Equipment, Net	19,747	20,066
Land [Member]
Property, Plant and Equipment, Gross	4,717	4,717
Building and Building Improvements [Member]
Property, Plant and Equipment, Gross	19,754	18,633
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	6,815	7,026
Construction in Progress [Member]
Property, Plant and Equipment, Gross	$ 17	$ 870

Note 7 - Deposits (Details Text

Note 7 - Deposits (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Time Deposits, at or Above FDIC Insurance Limit	$ 21,400	$ 16,100
Brokered Deposits	$ 556	$ 144

Note 7 - Deposits - Scheduled M

Note 7 - Deposits - Scheduled Maturities of Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
2020	$ 72,857
2021	20,460
2022	8,670
2023	8,559
2024	6,962
Thereafter	56
Total time deposits	$ 117,564	$ 119,219

Note 8 - Other Borrowings (Deta

Note 8 - Other Borrowings (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Line of Credit Facility, Remaining Borrowing Capacity	$ 218,100	$ 128,500
Percentage of Assets, Maximum Borrowing Capacity from FHLB	19.00%
Loans Pledged as Collateral	$ 194,900	110,800
Federal Home Loan Bank Stock	776	763
Advances from Federal Home Loan Banks, Total	0	$ 0
FHLB Loans [Member]
Line of Credit Facility, Remaining Borrowing Capacity	144,300
Line of Credit [Member] | Unsecured Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	5,000
Long-term Line of Credit, Total	$ 0
Debt Instrument, Basis Spread on Variable Rate	0.25%

Note 9 - Subordinated Debt (Det

Note 9 - Subordinated Debt (Details Textual) - Subordinated Loan Agreement Note [Member] - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Oct. 30, 2015
Debt Instrument, Face Amount			$ 5,000
Debt Instrument, Interest Rate, Stated Percentage			6.75%
Unamortized Debt Issuance Expense	$ 17	$ 35

Note 10 - Junior Subordinated_2

Note 10 - Junior Subordinated Debt (Details Textual) - USD ($) $ in Millions	Jul. 31, 2006	Jun. 17, 2004	Dec. 31, 2019	Dec. 31, 2018
First National (VA) Statutory Trust II [Member]
Proceeds from Issuance of Trust Preferred Securities		$ 5
Debt Instrument, Interest Rate, Effective Percentage			4.50%	5.39%
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total				$ 5.2
First National (VA) Statutory Trust III [Member]
Proceeds from Issuance of Trust Preferred Securities	$ 4
Debt Instrument, Interest Rate, Effective Percentage			3.70%	4.00%
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total			$ 4.1
Maximum Junior Subordinated Debt for Tier One Capital Adequacy			25.00%

Note 11 - Income Taxes - Net De

Note 11 - Income Taxes - Net Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Allowance for loan losses	$ 1,036	$ 1,052
Unrealized losses on securities available for sale		481
Post-retirement benefits	46
Core deposit intangible	391	371
Unvested stock-based compensation	18	14
Limited partnership investments	13	14
Lease liability	67
Loan origination fees, net	71	58
Total deferred tax assets	1,642	1,990
Depreciation	741	682
Right of use asset	68
Discount accretion		1
Unrealized gains on securities available for sale	192
Total deferred tax liabilities	1,001	683
Net deferred tax assets	$ 641	$ 1,307

Note 11 - Income Taxes - Income

Note 11 - Income Taxes - Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Current tax expense	$ 2,246	$ 2,152
Deferred tax (benefit) expense	(8)	135
Income tax expense	$ 2,238	$ 2,287

Note 11 - Income Taxes - Inco_2

Note 11 - Income Taxes - Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Computed tax expense at statutory federal rate	$ 2,477	$ 2,609
Other	14	12
Tax-exempt interest and dividend income	(157)	(158)
Income from bank owned life insurance	(96)	(176)
Income tax expense	$ 2,238	$ 2,287

Note 12 - Funds Restrictions _2

Note 12 - Funds Restrictions and Reserve Balance (Details Textual) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Aggregate Amount of Unrestricted Funds Transferred from Bank	$ 12.8
Aggregate Amount of Daily Average Deposit	$ 8.3	$ 6

Note 13 - Benefit Plans (Detail

Note 13 - Benefit Plans (Details Textual) shares in Thousands, $ in Thousands	Mar. 15, 2019	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)shares
Defined Benefit Pension Plan Minimum Eligible Age Of Employee		21 years
Defined Benefit Plan, Plan Assets, Contributions by Employer			$ 205
Defined Benefit Plan, Accumulated Benefit Obligation		$ 0	0
Defined Contribution Plan, Employer Matching Contribution, Percent of Match		1.00%
Defined Contribution Plan, Employer Matching Contribution for Employee's Contribution Between Two and Six Percent, Percent of Match		50.00%
Defined Contribution Plan, Minimum Age for Eligibility		19 years
Defined Contribution Plan, Employer Matching Contribution, Vesting Period		2 years
Share Based Compensation Arrangement by Share Based Payment Award Vesting Percentage Under Award Requisite Service Period		100.00%
Employee Matching Contribution Vesting Period Under Plan		2 years
Employee Stock Ownership Plan (ESOP), Compensation Expense		$ 0	$ 0
Employee Stock Ownership Plan (ESOP), Shares in ESOP, Total | shares			0
The 401(k) Plan [Member]
Defined Contribution Plan, Cost		812	$ 770
Supplemental Employee Retirement Plan [Member]
Defined Contribution Plan, Cost		$ 220
Defined Contribution Plan, Number of Employees	3
Defined Contribution Plan, Retirement Benefits Payable, Number of Monthly Payments	180
Minimum [Member]
Period of Service Credit by Employee		1 year
Defined Contribution Plan, Stated Percentage of Employees Contribution		2.00%
Maximum [Member]
Defined Contribution Plan, Stated Percentage of Employees Contribution		6.00%

Note 13 - Benefit Plans - Chang

Note 13 - Benefit Plans - Changes in Plan Benefit Obligation and Fair Value of Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Benefit obligation, beginning of year		$ 5,283
Interest cost		17
Benefits paid		(5,284)
Gain due to settlement		16
Benefit obligation, end of year
Fair value of plan assets, beginning of year		5,078
Actual return on plan assets		1
Employer contributions		205
Benefits paid		(5,284)
Fair value of assets, end of year
Funded Status, end of year
Amount Recognized in Other Liabilities

Note 13 - Benefit Plans - Amoun

Note 13 - Benefit Plans - Amounts Recognized in Accumulated Other Comprehensive Loss (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2019
Net gain
Deferred income tax expense
Amount recognized
Expected return on plan assets	1.00%

Note 13 - Benefit Plans - Compo

Note 13 - Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest cost		$ 17
Expected return on plan assets		8
Recognized net gain due to settlement		135
Net periodic benefit cost (benefit)		(126)
Net loss		126
Total recognized in other comprehensive income (loss)		126
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive Income (Loss)

Note 13 - Benefit Plans - Assum

Note 13 - Benefit Plans - Assumptions (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Discount rate		1.96%
Expected return on plan assets		1.00%
Rate of compensation increase

Note 14 - Earnings Per Common_3

Note 14 - Earnings Per Common Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 9,556	$ 10,135
Weighted average shares outstanding – basic (in shares)	4,964,832	4,953,537
Potentially dilutive common shares – restricted stock units (in shares)	3,100	2,839
Weighted average shares outstanding – diluted (in shares)	4,967,932	4,956,376
Basic (in dollars per share)	$ 1.92	$ 2.05
Diluted (in dollars per share)	$ 1.92	$ 2.04

Note 15 - Commitments and Unf_3

Note 15 - Commitments and Unfunded Credits (Details Textual) $ in Thousands	Dec. 31, 2019USD ($)
Amount of Locked Rate Commitments for Mortgage Loans	$ 2,200
Amount of Locked Rate Commitments for Loans Held for Sale	167
Access Deposit in Other Commercial Banks	$ 22

Note 15 - Commitments and Unf_4

Note 15 - Commitments and Unfunded Credits - Financial Instruments Representing Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Commitments to Extend Credit [Member]
Contract amounts represent credit risk	$ 92,528	$ 91,109
Standby Letters of Credit [Member]
Contract amounts represent credit risk	$ 10,950	$ 9,947

Note 16 - Transactions with R_2

Note 16 - Transactions with Related Parties (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans and Leases Receivable, Related Parties, Ending Balance	$ 299	$ 2,600
Loans and Leases Receivable, Related Parties, Additions	145
Loans and Leases Receivable, Related Parties, Proceeds	2,500
Deposit Related Party	$ 12,800	$ 10,500

Note 17 - Lease Commitments (De

Note 17 - Lease Commitments (Details Textual) $ in Thousands	Dec. 31, 2019	Jan. 01, 2019USD ($)
Cumulative Effect of New Accounting Principle in Period of Adoption		$ 0
Number of Leases	6
Leases With Option to Extend the Lease [Member]
Number of Leases	4
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset		390
Operating Lease, Liability, Total		$ 390

Note 17 - Lease Commitments - O

Note 17 - Lease Commitments - Operating Lease Right-of-Use Asset and Operating Lease Liability (Details) $ in Thousands	Dec. 31, 2019USD ($)
Other Assets [Member]
Operating lease right-of-use asset	$ 325
Accrued Interest Payable and Other Liabilities [Member]
Operating lease liability	$ 321

Note 17 - Lease Commitments - S

Note 17 - Lease Commitments - Schedule of Lease Cost and Additional Information Related to Operating Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Weighted average remaining lease term, in years (Year)	2 years 328 days
Weighted average discount rate	2.60%
Operating lease expense	$ 133
Short-term lease expense	4
Total lease expense (1)	137	[1]
Cash paid for amounts included in lease liability	$ 136
[1]	Included in occupancy expense in the Company's consolidated statements of income.

Note 17 - Lease Commitments -_2

Note 17 - Lease Commitments - Schedule of Undiscounted Cash Flows that Contribute to the Operating Lease Liability (Details) $ in Thousands	Dec. 31, 2019USD ($)
Twelve months ending December 31, 2020	$ 128
Twelve months ending December 31, 2021	109
Twelve months ending December 31, 2022	85
Twelve months ending December 31, 2023	11
Total undiscounted cash flows	333
Less: discount	(12)
Accrued Interest Payable and Other Liabilities [Member]
Operating lease liability	$ 321

Note 18 - Dividend Reinvestme_2

Note 18 - Dividend Reinvestment Plan (Details Textual) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Quoted Prices Preceding Dividend Payment Date Period	10 days
Stock Issued During Period, Shares, Dividend Reinvestment Plan	5,671	3,148

Note 19 - Fair Value Measurem_3

Note 19 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans Held for Sale [Member] | Fair Value, Nonrecurring [Member]
Assets, Fair Value Adjustment	$ 0	$ 0

Note 19 - Fair Value Measurem_4

Note 19 - Fair Value Measurements - Balances of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Securities available for sale	$ 120,983	$ 99,857
Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Inputs, Level 2 [Member]
Securities available for sale		99,857
Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Fair Value, Recurring [Member]
Securities available for sale	120,983
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	120,983
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale
US Agency and Mortgage-backed Securities [Member]
Securities available for sale	94,905	84,922
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Securities available for sale	94,905	84,922
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	94,905	84,922
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Municipal Bonds [Member]
Securities available for sale	26,078	14,935
Municipal Bonds [Member] | Fair Value, Recurring [Member]
Securities available for sale	26,078	14,935
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	26,078	14,935
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale

Note 19 - Fair Value Measurem_5

Note 19 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Impaired Loans [Member] - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets, Fair Value	$ 406	$ 391
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	$ 406	$ 391

Note 19 - Fair Value Measurem_6

Note 19 - Fair Value Measurements - Quantitative Information About Level 3 Fair Value Measurements (Details) - Impaired Loans [Member] - Fair Value, Nonrecurring [Member] $ in Thousands	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Assets, Fair Value	$ 406	$ 391
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	$ 406	$ 391
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Measurement Input	0.1	0.1

Note 19 - Fair Value Measurem_7

Note 19 - Fair Value Measurements - Carrying Values and Estimated Values of Financial Instruments (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Securities available for sale		$ 120,983	$ 99,857
Securities held to maturity		17,627
Restricted securities		1,806	1,688
Bank owned life insurance		17,447	13,991
Fair Value, Inputs, Level 1 [Member]
Securities available for sale
Fair Value, Inputs, Level 2 [Member]
Securities available for sale			99,857
Fair Value, Inputs, Level 3 [Member]
Securities available for sale
Reported Value Measurement [Member]
Cash and short-term investments		45,785	28,618
Securities available for sale		120,983	99,857
Securities held to maturity		17,627	43,408
Restricted securities		1,806	1,688
Loans held for sale		167	419
Loans, net	[1]	569,412	537,847
Bank owned life insurance		17,447	13,991
Accrued interest receivable		2,065	2,113
Deposits		706,442	670,566
Subordinated debt		4,983	4,965
Junior subordinated debt		9,279	9,279
Accrued interest payable		184	139
Estimate of Fair Value Measurement [Member]
Cash and short-term investments		45,785	28,618
Securities available for sale		120,983	99,857
Securities held to maturity		17,646	42,394
Restricted securities		1,806	1,688
Loans held for sale		167	419
Loans, net	[1]	572,910	528,643
Bank owned life insurance		17,447	13,991
Accrued interest receivable		2,065	2,113
Deposits		705,949	668,567
Subordinated debt		5,023	5,035
Junior subordinated debt		9,724	7,952
Accrued interest payable		184	139
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and short-term investments		45,785	28,618
Securities available for sale
Securities held to maturity
Restricted securities
Loans held for sale
Loans, net	[1]
Bank owned life insurance
Accrued interest receivable
Deposits
Subordinated debt
Junior subordinated debt
Accrued interest payable
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and short-term investments
Securities available for sale		120,983	99,857
Securities held to maturity		16,134	40,885
Restricted securities		1,806	1,688
Loans held for sale		167	419
Loans, net	[1]
Bank owned life insurance		17,447	13,991
Accrued interest receivable		2,065	2,113
Deposits		588,878	551,347
Subordinated debt
Junior subordinated debt
Accrued interest payable		184	139
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and short-term investments
Securities available for sale
Securities held to maturity		1,512	1,509
Restricted securities
Loans held for sale
Loans, net	[1]	572,910	528,643
Bank owned life insurance
Accrued interest receivable
Deposits		117,071	117,220
Subordinated debt		5,023	5,035
Junior subordinated debt		9,724	7,952
Accrued interest payable
[1]	In accordance with the prospective adoption of ASU No. 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities," the fair value of loans as of December 31, 2018 was measured using an exit price notion. The fair value of loans as of December 31, 2017 was measured using an entry price notion.

Note 20 - Regulatory Matters (D

Note 20 - Regulatory Matters (Details Textual)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jun. 01, 2016
Capital Conservation Buffer, Percentage	2.50%	1.875%	0.625%
Capital Conservation Buffer Percentage, Maintained at Bank	6.84%	5.62%

Note 20 - Regulatory Matters -

Note 20 - Regulatory Matters - Comparison of Capital of Company and Bank with Minimum Regulatory Guidelines (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Total Capital (to Risk-Weighted Assets), actual amount	$ 85,439	$ 74,697
Total Capital (to Risk-Weighted Assets), actual ratio	14.84%	13.62%
Total Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 46,046	$ 43,859
Total Capital (to Risk-Weighted Assets), minimum capital requirement ratio	8.00%	8.00%
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 57,557	$ 54,824
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	10.00%	10.00%
Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 80,505	$ 69,688
Tier 1 Capital (to Risk-Weighted Assets), actual ratio	13.99%	12.71%
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 34,534	$ 32,894
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement ratio	6.00%	6.00%
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 46,046	$ 43,859
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	8.00%	8.00%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 80,505	$ 69,688
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual ratio	13.99%	12.71%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 25,901	$ 24,671
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement ratio	4.50%	4.50%
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 37,412	$ 35,635
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	6.50%	6.50%
Tier 1 Capital (to Average Assets), actual amount	$ 80,505	$ 69,688
Tier 1 Capital (to Average Assets), actual ratio	10.13%	9.26%
Tier 1 Capital (to Average Assets), minimum capital requirement amount	$ 31,799	$ 30,100
Tier 1 Capital (to Average Assets), minimum capital requirement ratio	4.00%	4.00%
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 39,749	$ 37,625
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	5.00%	5.00%

Note 21 - Accumulated Other C_3

Note 21 - Accumulated Other Comprehensive Income (Loss) - Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Balance	$ 66,674	$ 58,154
Unrealized holding losses, net of tax	2,873	(752)
Reclassification adjustment, net of tax	(1)	1
Unrealized holding losses transferred from held to maturity to available for sale, net of tax	(340)
Total other comprehensive income (loss)	2,532	(850)
Balance	77,219	66,674
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	(1,808)	(1,057)
Unrealized holding losses, net of tax	2,873	(752)
Reclassification adjustment, net of tax	(1)	1
Change during period		(751)
Unrealized holding losses transferred from held to maturity to available for sale, net of tax	(340)
Total other comprehensive income (loss)	2,532
Balance	724	(1,808)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance		99
Unrealized holding losses, net of tax
Pension liability adjustment, net of tax		(99)
Change during period		(99)
Total other comprehensive income (loss)
Balance
AOCI Attributable to Parent [Member]
Balance	(1,808)	(958)
Unrealized holding losses, net of tax	2,873	(752)
Reclassification adjustment, net of tax	(1)	1
Pension liability adjustment, net of tax		(99)
Change during period		(850)
Unrealized holding losses transferred from held to maturity to available for sale, net of tax	(340)
Total other comprehensive income (loss)	2,532	(850)
Balance	$ 724	$ (1,808)

Note 21 - Accumulated Other C_4

Note 21 - Accumulated Other Comprehensive Income (Loss) - Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Details) (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Unrealized holding gains (losses), tax	$ 764	$ (200)
Reclassification adjustment, tax	0	0
Unrealized holding gains (losses) on available for sale securities, tax	764	(200)
Unrealized holding losses transferred from held to maturity to available for sale, tax	(91)	0
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Unrealized holding gains (losses), tax	764	(200)
Reclassification adjustment, tax	0	0
Pension liability adjustment, tax		(27)
Unrealized holding gains (losses) on available for sale securities, tax	764	$ (200)
Unrealized holding losses transferred from held to maturity to available for sale, tax	$ (91)

Note 21 - Accumulated Other C_5

Note 21 - Accumulated Other Comprehensive Income (Loss) - Reclassifications from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 9,556	$ 10,135
Reclassification out of Accumulated Other Comprehensive Income [Member]
Net securities (gains) losses reclassified into earnings	(1)	1
Net income	$ (1)	$ 1

Note 22 - Stock Compensation _3

Note 22 - Stock Compensation Plans (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)shares	Dec. 31, 2018USD ($)	May 13, 2014shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	8,692
Restricted Stock [Member]
Restricted Stock, Vested, Conversion Ratio	1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	8,692
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	5 years
Restricted Stock [Member] | Vesting Immediately [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	1,235
Restricted Stock [Member] | Vesting One Half Each Year for Two Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	2,457
Restricted Stock [Member] | Vesting in Five Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	5,000
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Expense | $	$ 116	$ 127
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $	$ 114
Board of Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period	3,500
Share-based Payment Arrangement, Expense | $	$ 67	$ 62
First National Corporation 2014 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			240,000

Note 22 - Stock Compensation _4

Note 22 - Stock Compensation Plan - Summary of Restricted Stock Unit Activity (Details)	12 Months Ended
	Dec. 31, 2019$ / sharesshares
Unvested, beginning of year, shares (in shares) | shares	7,103
Unvested, beginning of year, weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.93
Granted, shares (in shares) | shares	8,692
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.56
Vested, shares (in shares) | shares	(5,402)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.99
Forfeited, shares (in shares) | shares
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares
Unvested, end of period, shares (in shares) | shares	10,393
Unvested, end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.26

Note 23 - Revenue Recognition -

Note 23 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Noninterest income	$ 7,810	$ 7,717
Noninterest income (out-of-scope of Topic 606)	742	1,440
Total noninterest income	8,552	9,157
Service Charges on Deposit Accounts [Member]
Noninterest income	2,926	3,178
ATM and Check Card Fees [Member]
Noninterest income	2,330	2,256
Wealth Management Fees [Member]
Noninterest income	1,868	1,682
Fees for Other Customer Services [Member]
Noninterest income	$ 686	$ 601

Note 24 - Parent Company Only_3

Note 24 - Parent Company Only Financial Statements - Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash	$ 9,675	$ 13,378
Other assets	4,839	4,490
Total assets	800,048	752,969
Subordinated debt	4,983	4,965
Junior subordinated debt	9,279	9,279
Total liabilities	722,829	686,295
Preferred stock
Common stock	6,212	6,197
Surplus	7,700	7,471
Retained earnings	62,583	54,814
Accumulated other comprehensive income (loss), net	724	(1,808)
Total shareholders’ equity	77,219	66,674	$ 58,154
Total liabilities and shareholders’ equity	800,048	752,969
Parent Company [Member]
Cash	9,778	12,257
Investment in subsidiaries, at cost, plus undistributed net income	81,399	68,357
Other assets	312	314
Total assets	91,489	80,928
Subordinated debt	4,983	4,965
Junior subordinated debt	9,279	9,279
Other liabilities	8	10
Total liabilities	14,270	14,254
Preferred stock
Common stock	6,212	6,197
Surplus	7,700	7,471
Retained earnings	62,583	54,814
Accumulated other comprehensive income (loss), net	724	(1,808)
Total shareholders’ equity	77,219	66,674
Total liabilities and shareholders’ equity	$ 91,489	$ 80,928

Note 24 - Parent Company Only_4

Note 24 - Parent Company Only Financial Statements - Statemetns of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Interest expense	$ 4,887	$ 3,512
Supplies	338	334
Legal and professional fees	1,086	986
Data processing	705	673
Allocated income tax benefit	2,238	2,287
Net income	9,556	10,135
Parent Company [Member]
Dividends from subsidiary	3,600	4,000
Total income	3,600	4,000
Interest expense	782	757
Supplies	3	3
Legal and professional fees	137	143
Data processing	26	43
Management fee-subsidiary	283	284
Other expense	103	8
Total expense	1,334	1,238
Income before allocated tax benefits and undistributed income of subsidiary	2,266	2,762
Allocated income tax benefit	280	260
Income before equity in undistributed income of subsidiary	2,546	3,022
Equity in undistributed income of subsidiary	7,010	7,113
Net income	$ 9,556	$ 10,135

Note 24 - Parent Company Only_5

Note 24 - Parent Company Only Financial Statements - Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 9,556	$ 10,135
Amortization of debt issuance costs	18	17
Decrease in other assets	820	(1,331)
(Decrease) increase in other liabilities	448	(364)
Net cash provided by operating activities	11,851	13,758
Cash dividends paid on common stock, net of reinvestment	1,674	929
Net cash used in financing activities	34,210	4,714
Parent Company [Member]
Net income	9,556	10,135
Equity in undistributed income of subsidiary	7,010	7,113
Amortization of debt issuance costs	18	17
Decrease in other assets	(2)	(13)
(Decrease) increase in other liabilities	(2)	6
Net cash provided by operating activities	2,564	3,058
Cash dividends paid on common stock, net of reinvestment	1,674	929
Distribution of capital to subsidiary	(3,500)
Net proceeds from issuance of common stock	183	189
Repurchase of common stock	52	25
Net cash used in financing activities	(5,043)	(765)
(Decrease) increase in cash and cash equivalents	(2,479)	2,293
Beginning	12,257	9,964
Ending	$ 9,778	$ 12,257