First National (FXNC) 10-Q 11 May 20 2020 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2020	May 11, 2020
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 Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		4,849,692
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Title of 12(b) Security	Common stock, par value $1.25 per share

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 30,551	$ 9,675
Interest-bearing deposits in banks	17,539	36,110
Securities available for sale, at fair value	128,660	120,983
Securities held to maturity, at amortized cost (fair value, 2020, $17,626; 2019, $17,646)	17,086	17,627
Restricted securities, at cost	1,848	1,806
Loans held for sale	621	167
Loans, net of allowance for loan losses, 2020, $5,584; 2019, $4,934	576,283	569,412
Premises and equipment, net	19,619	19,747
Accrued interest receivable	2,124	2,065
Bank owned life insurance	17,562	17,447
Core deposit intangibles, net	118	170
Other assets	4,401	4,839
Total assets	816,412	800,048
Liabilities
Noninterest-bearing demand deposits	197,662	189,623
Savings and interest-bearing demand deposits	407,555	399,255
Time deposits	115,410	117,564
Total deposits	720,627	706,442
Subordinated debt	4,987	4,983
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	3,001	2,125
Total liabilities	737,894	722,829
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, 2020, 4,849,692 shares; 2019, 4,969,716 shares	6,062	6,212
Surplus	5,899	7,700
Retained earnings	63,741	62,583
Accumulated other comprehensive income, net	2,816	724
Total shareholders’ equity	78,518	77,219
Total liabilities and shareholders’ equity	$ 816,412	$ 800,048

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Securities, fair value	$ 17,626	$ 17,646
Allowance for loan losses	$ 5,584	$ 4,934
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)	4,849,692	4,969,716
Common stock, shares outstanding (in shares)	4,849,692	4,969,716

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Interest and Dividend Income
Interest and fees on loans	$ 7,203	$ 6,996
Interest on deposits in banks	118	110
Interest and dividends on securities:
Taxable interest	670	737
Tax-exempt interest	151	156
Dividends	26	24
Total interest and dividend income	8,168	8,023
Interest Expense
Interest on deposits	962	922
Interest on subordinated debt	90	89
Interest on junior subordinated debt	90	111
Interest on other borrowings		2
Total interest expense	1,142	1,124
Net interest income	7,026	6,899
Provision for loan losses	900
Net interest income after provision for loan losses	6,126	6,899
Noninterest Income
Noninterest income	1,932	1,830
Income from bank owned life insurance	115	103
Net gains on sale of loans	31	22
Other operating income	21	30
Total noninterest income	2,099	1,985
Noninterest Expense
Salaries and employee benefits	3,589	3,443
Occupancy	402	438
Equipment	410	420
Marketing	106	141
Supplies	89	73
Legal and professional fees	279	241
ATM and check card expense	245	216
FDIC assessment	30	69
Bank franchise tax	153	130
Data processing expense	184	173
Amortization expense	52	90
Net gains on disposal of premises and equipment	(9)
Other operating expense	614	664
Total noninterest expense	6,144	6,098
Income before income taxes	2,081	2,786
Income tax expense	376	525
Net income	$ 1,705	$ 2,261
Earnings per common share
Basic (in dollars per share)	$ 0.34	$ 0.46
Diluted (in dollars per share)	$ 0.34	$ 0.46
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 681	$ 701
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	519	517
Asset Management [Member]
Noninterest Income
Noninterest income	525	437
Financial Service, Other [Member]
Noninterest Income
Noninterest income	$ 207	$ 175

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ 1,705	$ 2,261
Other comprehensive income, net of tax,
Unrealized holding gains on available for sale securities, net of tax $556 and $407, respectively	2,092	1,528
Unrealized holding losses on securities transferred from held to maturity to available for sale, net of tax $0 and ($91), respectively		(340)
Total other comprehensive income	2,092	1,188
Total comprehensive income	$ 3,797	$ 3,449

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Unrealized holding gains (losses) on available for sale securities, tax	$ 556	$ 407
Unrealized holding losses on securities transferred from held to maturity to available for sale, tax	$ 0	$ (91)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash Flows from Operating Activities
Net income	$ 1,705	$ 2,261
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	327	337
Amortization of core deposit intangibles	52	90
Amortization of debt issuance costs	4	4
Origination of loans held for sale	(2,133)	(1,602)
Proceeds from sale of loans held for sale	1,710	1,843
Net gains on sales of loans held for sale	(31)	(22)
Provision for loan losses	900
Increase in cash value of bank owned life insurance	(115)	(103)
Accretion of discounts and amortization of premiums on securities, net	157	138
Accretion of premium on time deposits	(12)	(16)
Stock-based compensation	132	43
Excess tax benefits on stock-based compensation	(2)	(2)
Gains on disposal of premises and equipment	(9)
Deferred income tax benefit	(170)	(16)
Changes in assets and liabilities:
Increase in interest receivable	(59)	(30)
Decrease (increase) in other assets	610	(170)
Increase in accrued expenses and other liabilities	320	394
Net cash provided by operating activities	3,386	3,149
Cash Flows from Investing Activities
Proceeds from maturities, calls, and principal payments of securities available for sale	5,318	3,990
Proceeds from maturities, calls, and principal payments of securities held to maturity	516	452
Purchases of securities available for sale	(10,479)	(502)
Net purchase of restricted securities	(42)	(13)
Purchase of premises and equipment	(199)	(553)
Proceeds from sale of premises and equipment	9
Purchase of bank owned life insurance		(3,000)
Net increase in loans	(7,771)	(7,682)
Net cash used in investing activities	(12,648)	(7,308)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts	16,339	15,587
Net decrease in time deposits	(2,142)	(1,913)
Net increase in other borrowings		5,000
Cash dividends paid on common stock, net of reinvestment	(512)	(418)
Net cash provided by financing activities	11,567	18,236
Increase in cash and cash equivalents	2,305	14,077
Cash and Cash Equivalents
Beginning	45,785	28,618
Ending	48,090	42,695
Supplemental Disclosures of Cash Flow Information
Interest	1,169	1,123
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized gains on securities available for sale	2,648	1,935
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
Issuance of common stock, dividend reinvestment plan	35	28
First National Corporation 2014 Stock Incentive Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock	(47)	(20)
Stock Repurchase Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock	$ (2,071)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - 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]	Stock Repurchase Plan [Member]Common Stock [Member]	Stock Repurchase Plan [Member]Additional Paid-in Capital [Member]	Stock Repurchase Plan [Member]Retained Earnings [Member]	Stock Repurchase Plan [Member]AOCI Attributable to Parent [Member]	Stock Repurchase Plan [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2018											$ 6,197	$ 7,471	$ 54,814	$ (1,808)	$ 66,674
Net income													2,261		2,261
Other comprehensive income														1,188	1,188
Cash dividends on common stock													(446)		(446)
Stock-based compensation												43			43
Issuance of common stock, dividend reinvestment plan											2	26			28
Issuance of common stock, stock incentive plan											7	(7)
Repurchase of common stock	$ (2)	$ (18)			$ (20)
Balance at Mar. 31, 2019											6,204	7,515	56,629	(620)	69,728
Balance at Dec. 31, 2019											6,212	7,700	62,583	724	77,219
Net income													1,705		1,705
Other comprehensive income														2,092	2,092
Cash dividends on common stock													(547)		(547)
Stock-based compensation												132			132
Issuance of common stock, dividend reinvestment plan											3	32			35
Issuance of common stock, stock incentive plan											11	(11)
Repurchase of common stock	$ (3)	$ (44)			$ (47)	$ (161)	$ (1,910)			$ (2,071)
Balance at Mar. 31, 2020											$ 6,062	$ 5,899	$ 63,741	$ 2,816	$ 78,518

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock shares (in shares)	2,223	1,006
Stock Repurchase Plan [Member]
Repurchase of common stock shares (in shares)	129,035
Cash dividends on common stock, per share (in dollars per share)	$ 0.11	$ 0.09
Issuance of common stock, dividend reinvestment plan, shares (in shares)	2,242	1,397
Issuance of common stock, stock incentive plan, shares (in shares)	8,992	5,402

Note 1 - General

Note 1 - General	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. The accompanying unaudited consolidated financial statements of First National Corporation (the Company) and its subsidiary, First Bank (the Bank), have been prepared in accordance with U.S. generally accepted accounting principles (GAAP) for interim financial information. Accordingly, they do not March 31, 2020 December 31, 2019 three March 31, 2020 2019 three March 31, 2020 2019 three March 31, 2020 2019 10 December 31, 2019 three March 31, 2020 not may December 31, 2020 Risks and Uncertainties The outbreak of COVID- 19 19 no 19 Congress, the President, and the Federal Reserve have taken several actions designed to cushion the economic fallout. Most notably, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law at the end of March 2020 $2 19, The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If the global response to contain COVID- 19 not 19, Results of Operations The Company’s net interest income could decrease due to COVID- 19. 19 may The Company’s noninterest income could decrease due to COVID- 19. second may may The Company’s noninterest expense could increase due to COVID- 19. may Capital and Liquidity While the Company believes that it has sufficient capital to withstand an extended economic recession brought about by COVID- 19, may March 2020, The Company maintains access to multiple sources of liquidity. While wholesale funding markets have remained open, interest rates for short term funding have recently been volatile. If funding costs are elevated for an extended period of time, it could have an adverse effect on the Company’s net interest margin. If an extended recession causes large numbers of the Company’s deposit customers to withdraw their funds, the Company might become more reliant on volatile or more expensive sources of funding. Processes, Controls and Business Continuity Plan The Company has invoked its Pandemic Continuity of Operations Plan that includes a remote working strategy. The Company does not No not 19. not Lending Operations and Accommodations to Borrowers In keeping with regulatory guidance to work with borrowers during this unprecedented situation, the Company is executing a payment deferral program for its individual and business customers adversely affected by the pandemic for up to 90 April 30, 2020, 464 $171.0 March 2020, not With the passage of the Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA), the Company is actively participating in assisting its customers with applications for resources through the program. PPP loans have a two 1%. April 30, 2020, 575 $74.9 Asset Quality The Bank anticipates the pandemic to have an unfavorable impact on the financial condition of its customers, and as a result, has begun the process of identifying the related credit risk within its loan portfolio with the goal of mitigating the risk and minimizing potential loan charge-offs. We expect significant pressure on several sectors of the loan portfolio, including hospitality, retail/shopping and health care, among others. The magnitude of the potential decline in the Bank’s loan quality will likely depend on the length and extent that the Bank’s customers experience business interruptions from the pandemic. In addition, the Bank’s loan deferral program could make it difficult to identify the extent that asset quality may Derivative Financial Instruments On April 21, 2020, two 17. Adoption of New Accounting Pronouncements In January 2017, No. 2017 04, 350 2017 04 2017 04 first two 2, 2017 04 January 1, 2020. not In August 2018, No. 2018 13, 820 2018 13 2018 13 3 may 3 820 2018 13 January 1, 2020. not In March 2020, 310 40, 310 40 not 19 not six 30 19 4. Recent Accounting Pronouncements In June 2016, No. 2016 13, 326 2016 13 2016 13 326, 2019 04, 2019 05, 2019 10, 2019 11, 2020 02, 2020 03. not December 15, 2022. 2016 13 may Effective November 25, 2019, 119. 119 326, 1 2 3 4 In December 2019, No. 2019 12, 740 2019 12 740 December 15, 2020, not 2019 12 In January 2020, No. 2020 01, 321 323 815 321, 323, 815” 2020 01 2016 01 December 15, 2020, not 2020 01 In March 2020, No. 2020 04 848 2020 04 March 12, 2020 December 31, 2022. 2020 04 On March 12, 2020, April 27, 2020. first 404 $75 $700 second $700 $100 no $100 10 not no

Note 2 - Securities

Note 2 - Securities	3 Months Ended
	Mar. 31, 2020
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 state and political subdivisions, and corporate debt securities. Amortized costs and fair values of securities at March 31, 2020 December 31, 2019 March 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 99,536 $ 3,093 $ (32 ) $ 102,597 Obligations of states and political subdivisions 25,561 514 (12 ) 26,063 Total securities available for sale $ 125,097 $ 3,607 $ (44 ) $ 128,660 Securities held to maturity: U.S. agency and mortgage-backed securities $ 11,992 $ 315 $ — $ 12,307 Obligations of states and political subdivisions 3,594 71 — 3,665 Corporate debt securities 1,500 154 — 1,654 Total securities held to maturity $ 17,086 $ 540 $ — $ 17,626 Total securities $ 142,183 $ 4,147 $ (44 ) $ 146,286 December 31, 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 14 At March 31, 2020 December 31, 2019 March 31, 2020 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 $ 7,105 $ (23 ) $ 1,330 $ (9 ) $ 8,435 $ (32 ) Obligations of states and political subdivisions 503 (12 ) — — 503 (12 ) Total securities available for sale $ 7,608 $ (35 ) $ 1,330 $ (9 ) $ 8,938 $ (44 ) December 31, 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 ) 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 March 31, 2020 seven ninety-eight one seventy-nine 3.1 March 31, 2020 December 31, 2019 forty-two ninety-four three seventy-nine December 31, 2019 3.7 December 31, 2019 March 31, 2020 not The amortized cost and fair value of securities at March 31, 2020 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,155 $ 2,165 $ 436 $ 436 Due after one year through five years 9,982 10,265 4,733 4,820 Due after five years through ten years 34,741 35,983 3,263 3,471 Due after ten years 78,219 80,247 8,654 8,899 $ 125,097 $ 128,660 $ 17,086 $ 17,626 On January 1, 2019 No. 2017 12 $23.0 $431 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 March 31, 2020 no The composition of restricted securities at March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Federal Home Loan Bank stock $ 818 $ 776 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 50 50 $ 1,848 $ 1,806 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 $542 $514 March 31, 2020 December 31, 2019,

Note 3 - Loans

Note 3 - Loans	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 Real estate loans: Construction and land development $ 40,279 $ 43,164 Secured by 1-4 family residential 230,980 229,438 Other real estate loans 241,374 236,555 Commercial and industrial loans 55,508 50,153 Consumer and other loans 13,726 15,036 Total loans $ 581,867 $ 574,346 Allowance for loan losses (5,584 ) (4,934 ) Loans, net $ 576,283 $ 569,412 Net deferred loan fees included in the above loan categories were $366 $340 March 31, 2020 December 31, 2019 $238 $374 March 31, 2020 December 31, 2019 Risk characteristics of each loan portfolio class that are considered by the Company include: • 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 following tables provide a summary of loan classes and an aging of past due loans as of March 31, 2020 December 31, 2019 March 31, 2020 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 $ 110 $ — $ 110 $ 220 $ 40,059 $ 40,279 $ 400 $ — Secured by 1-4 family residential 1,614 164 170 1,948 229,032 230,980 667 67 Other real estate loans 952 — 411 1,363 240,011 241,374 455 — Commercial and industrial 40 14 — 54 55,454 55,508 — — Consumer and other loans 89 100 19 208 13,518 13,726 — 19 Total $ 2,805 $ 278 $ 710 $ 3,793 $ 578,074 $ 581,867 $ 1,522 $ 86 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 Secured by 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 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 March 31, 2020 December 31, 2019 March 31, 2020 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 39,720 $ — $ 559 $ — $ 40,279 Secured by 1-4 family residential 229,539 519 922 — 230,980 Other real estate loans 238,643 — 2,731 — 241,374 Commercial and industrial 52,325 1,505 1,678 — 55,508 Consumer and other loans 9,692 4,034 — — 13,726 Total $ 569,919 $ 6,058 $ 5,890 $ — $ 581,867 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

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of March 31, 2020 December 31, 2019 March 31, 2019 March 31, 2020 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, 2019 $ 464 $ 776 $ 2,296 $ 562 $ 836 $ 4,934 Charge-offs — — — (68 ) (260 ) (328 ) Recoveries — 2 1 2 73 78 Provision for (recovery of) loan losses (3 ) 298 347 215 43 900 Ending Balance, March 31, 2020 $ 461 $ 1,076 $ 2,644 $ 711 $ 692 $ 5,584 Ending Balance: Individually evaluated for impairment — 11 — — — 11 Collectively evaluated for impairment 461 1,065 2,644 711 692 5,573 Loans: Ending Balance $ 40,279 $ 230,980 $ 241,374 $ 55,508 $ 13,726 $ 581,867 Individually evaluated for impairment 400 667 455 — — 1,522 Collectively evaluated for impairment 39,879 230,313 240,919 55,508 13,726 580,345 December 31, 2019 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, 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 March 31, 2019 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, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Charge-offs — (49 ) — — (179 ) (228 ) Recoveries 50 2 — 2 111 165 Provision for (recovery of) loan losses (6 ) (82 ) 115 26 (53 ) — Ending Balance, March 31, 2019 $ 605 $ 766 $ 2,275 $ 492 $ 808 $ 4,946 Ending Balance: Individually evaluated for impairment 71 23 35 — — 129 Collectively evaluated for impairment 534 743 2,240 492 808 4,817 Loans: Ending Balance $ 48,948 $ 217,527 $ 221,396 $ 46,045 $ 16,559 $ 550,475 Individually evaluated for impairment 398 990 787 — — 2,175 Collectively evaluated for impairment 48,550 216,537 220,609 46,045 16,559 548,300 Impaired loans and the related allowance at March 31, 2020 December 31, 2019 March 31, 2019 March 31, 2020 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 $ 439 $ 400 $ — $ 400 $ — $ 367 $ — Secured by 1-4 family 770 444 223 667 11 613 1 Other real estate loans 505 455 — 455 — 458 — Total $ 1,714 $ 1,299 $ 223 $ 1,522 $ 11 $ 1,438 $ 1 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 March 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 $ 412 $ — $ 398 $ 398 $ 71 $ 326 $ 1 Secured by 1-4 family 1,055 836 154 990 23 661 2 Other real estate loans 792 752 35 787 35 1,329 7 Commercial and industrial — — — — — 90 — Total $ 2,259 $ 1,588 $ 587 $ 2,175 $ 129 $ 2,406 $ 10 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 March 31, 2020 $350 March 31, 2020 none $360 December 31, 2019 none may no three March 31, 2020 one 1 4 three March 31, 2019 not March 31, 2019. In response to the COVID- 19 $61.6 March 31, 2020. no six not 30 December 31, 2019. not March 31, 2020 April 30, 2020, $109.4 For the three March 31, 2020 2019 no twelve ninety twelve

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned (OREO)	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. The Bank did not three March 31, 2020 December 31, 2019. no March 31, 2020 December 31, 2019 not March 31, 2020 The Bank did not three March 31, 2020 $1 December 31, 2019

Note 6 - Other Borrowings

Note 6 - Other Borrowings	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Other Borrowings [Text Block]	Note 6. The Company had an unsecured line of credit totaling $5.0 March 31, 2020 no March 31, 2020 0.25%, 3.50%, March 28, 2025. The Bank had unused lines of credit totaling $237.9 $218.1 March 31, 2020 December 31, 2019 19% $146.7 March 31, 2020 March 31, 2020 December 31, 2019 $197.3 $194.9 $818 $776 not March 31, 2020 December 31, 2019

Note 7 - Capital Requirements

Note 7 - Capital Requirements	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 7. 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 March 31, 2020 December 31, 2019 As of March 31, 2020 no A comparison of the capital of the Bank at March 31, 2020 December 31, 2019 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2020 Total Capital (to Risk-Weighted Assets) $ 86,849 14.98 % $ 46,373 8.00 % $ 57,967 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 81,265 14.02 % $ 34,780 6.00 % $ 46,373 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 81,265 14.02 % $ 26,085 4.50 % $ 37,678 6.50 % Tier 1 Capital (to Average Assets) $ 81,265 10.08 % $ 32,245 4.00 % $ 40,307 5.00 % 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 % 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. Accordingly, the Bank was required to maintain a capital conservation buffer of 2.50 March 31, 2020 December 31, 2019 March 31, 2020 December 31, 2019 6.98% 6.84%,

Note 8 - Subordinated Debt

Note 8 - Subordinated Debt	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 8. On October 30, 2015, 2025 $5.0 6.75% 2 March 31, 2020 2 $13 $17 March 31, 2020 December 31, 2019 The Note has a maturity date of October 1, 2025. may October 30, 2020. The Note is not may not

Note 9 - Junior Subordinated De

Note 9 - Junior Subordinated Debt	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9. On June 8, 2004, June 17, 2004, $5.0 March 31, 2020 December 31, 2019 3.44% 4.50%, June 17, 2034, September 17, 2009. $5.2 On July 24, 2006, July 31, 2006, $4.0 March 31, 2020 December 31, 2019 3.51% 3.70%, 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 March 31, 2020 December 31, 2019 1

Note 10 - Benefit Plans

Note 10 - Benefit Plans	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Retirement Benefits [Text Block]	Note 10. The Company maintains a 401 may first one fifty two six one thousand nineteen two three March 31, 2020 2019 $249 $247 On March 15, 2019, three 180 $66 $23 three March 31, 2020 2019, See Note 13 10 December 31, 2019

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 11. 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 three March 31, 2020 2019 Three Months Ended March 31, 2020 March 31, 2019 (Numerator): Net income $ 1,705 $ 2,261 (Denominator): Weighted average shares outstanding – basic 4,950,887 4,960,264 Potentially dilutive common shares – restricted stock units 5,083 3,870 Weighted average shares outstanding – diluted 4,955,970 4,964,134 Income per common share Basic $ 0.34 $ 0.46 Diluted $ 0.34 $ 0.46

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 12. 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 March 31, 2020 December 31, 2019 Fair Value Measurements at March 31, 2020 Description Balance as of March 31, 2020 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 $ 102,597 $ — $ 102,597 $ — Obligations of states and political subdivisions 26,063 — 26,063 — $ 128,660 $ — $ 128,660 $ — 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 $ — 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 three March 31, 2020 December 31, 2019 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 during the periods (dollars in thousands): Fair Value Measurements at March 31, 2020 Description Balance as of March 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 212 $ — $ — $ 212 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 Quantitative information about Level 3 Fair Value Measurements for March 31, 2020 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 212 Property appraisals Selling cost 10 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 406 Property appraisals Selling cost 10 % ( 1 Unobservable inputs were weighted by the relative fair value of the instruments. Accounting guidance requires disclosure of the fair value of financial assets and financial liabilities, including those financial assets and financial liabilities that are not March 31, 2020 December 31, 2019 Fair Value Measurements at March 31, 2020 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 $ 48,090 $ 48,090 $ — $ — $ 48,090 Securities available for sale 128,660 — 128,660 — 128,660 Securities held to maturity 17,086 — 15,972 1,654 17,626 Restricted securities 1,848 — 1,848 — 1,848 Loans held for sale 621 — 621 — 621 Loans, net 576,283 — — 581,013 581,013 Bank owned life insurance 17,562 — 17,562 — 17,562 Accrued interest receivable 2,124 — 2,124 — 2,124 Financial Liabilities Deposits $ 720,627 $ — $ 605,217 $ 116,338 $ 721,555 Subordinated debt 4,987 — — 5,489 5,489 Junior subordinated debt 9,279 — — 8,510 8,510 Accrued interest payable 169 — 169 — 169 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 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 13 - Stock Compensation Pl

Note 13 - Stock Compensation Plans	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 13. 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 not three March 31, 2020 2019 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 the first 2020 14,457 4,825 9,632 two one not A summary of the activity for the Company’s restricted stock units for the period indicated is presented in the following table: Three Months Ended March 31, 2020 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 10,393 $ 19.26 Granted 14,457 20.94 Vested (8,992 ) 19.96 Forfeited — — Unvested, end of period 15,858 $ 20.40 At March 31, 2020 $285 2024. three March 31, 2020 2019 $132 $43

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 14. Changes in each component of accumulated other comprehensive income (loss) were as follows (in thousands): Net Unrealized Gains (Losses) on Securities Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2018 $ (1,808 ) $ (1,808 ) Unrealized holding gains (net of tax, $407) 1,528 1,528 Unrealized holding losses transferred from held to maturity to available for sale (net of tax, ($91)) (340 ) (340 ) Change during period 1,188 1,188 Balance at March 31, 2019 $ (620 ) $ (620 ) Balance at December 31, 2019 $ 724 $ 724 Unrealized holding gains (net of tax, $556) 2,092 2,092 Change during period 2,092 2,092 Balance at March 31, 2020 $ 2,816 $ 2,816 The Company did not three March 31, 2020 2019

Note 15 - Revenue Recognition

Note 15 - Revenue Recognition	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 15. 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, three March 31, 2020 2019 Three Months Ended March 31, 2020 March 31, 2019 Noninterest Income Service charges on deposit accounts $ 681 $ 701 ATM and check card fees 519 517 Wealth management fees 525 437 Fees for other customer services 207 175 Noninterest income (in-scope of Topic 606) $ 1,932 $ 1,830 Noninterest income (out-of-scope of Topic 606) 167 155 Total noninterest income $ 2,099 $ 1,985

Note 16 - Leases

Note 16 - Leases	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 16. 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 three None none The following table presents the operating lease right-of-use asset and operating lease liability as of March 31, 2020 Classification in the Consolidated Balance Sheet March 31, 2020 Operating lease right-of-use asset Other assets $ 293 Operating lease liability Accrued interest payable and other liabilities 289 The following table presents the weighted average remaining operating lease term and the weighted average discount rate for operating leases as of March 31, 2020 March 31, 2020 Weighted average remaining lease term, in years 2.7 Weighted average discount rate 2.60 % The following table presents the components of operating lease expense and supplemental cash flow information for the three March 31, 2020 Three Months Ended March 31, 2020 March 31, 2019 Lease Expense Operating lease expense $ 33 $ 33 Short-term lease expense 1 2 Total lease expense (1) $ 34 $ 35 Cash paid for amounts included in lease liability $ 34 $ 34 ( 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 March 31, 2020 March 31, 2020 Nine months ending December 31, 2020 $ 94 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 $ 299 Less: discount (10 ) Operating lease liability $ 289 The contracts in which the Company is lessee are with parties external to the Company and not

Note 17 - Subsequent Events

Note 17 - Subsequent Events	3 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	Note 17. On April 21, 2020, two June 17, 2034, March 17, 2020. $5.0 June 17, 2034. 0.79% three October 1, 2036, April 1, 2020. $4.0 October 1, 2036. 0.82% three The Company entered into interest rate swaps to reduce interest rate risk and to manage interest expense. By entering into these agreements, the Company converted floating rate debt into fixed rate debt. Alternatively, the Company may 1 not not

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Derivatives, Policy [Policy Text Block]	Derivative Financial Instruments On April 21, 2020, two 17.
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Pronouncements In January 2017, No. 2017 04, 350 2017 04 2017 04 first two 2, 2017 04 January 1, 2020. not In August 2018, No. 2018 13, 820 2018 13 2018 13 3 may 3 820 2018 13 January 1, 2020. not In March 2020, 310 40, 310 40 not 19 not six 30 19 4. Recent Accounting Pronouncements In June 2016, No. 2016 13, 326 2016 13 2016 13 326, 2019 04, 2019 05, 2019 10, 2019 11, 2020 02, 2020 03. not December 15, 2022. 2016 13 may Effective November 25, 2019, 119. 119 326, 1 2 3 4 In December 2019, No. 2019 12, 740 2019 12 740 December 15, 2020, not 2019 12 In January 2020, No. 2020 01, 321 323 815 321, 323, 815” 2020 01 2016 01 December 15, 2020, not 2020 01 In March 2020, No. 2020 04 848 2020 04 March 12, 2020 December 31, 2022. 2020 04 On March 12, 2020, April 27, 2020. first 404 $75 $700 second $700 $100 no $100 10 not no

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	March 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 99,536 $ 3,093 $ (32 ) $ 102,597 Obligations of states and political subdivisions 25,561 514 (12 ) 26,063 Total securities available for sale $ 125,097 $ 3,607 $ (44 ) $ 128,660 Securities held to maturity: U.S. agency and mortgage-backed securities $ 11,992 $ 315 $ — $ 12,307 Obligations of states and political subdivisions 3,594 71 — 3,665 Corporate debt securities 1,500 154 — 1,654 Total securities held to maturity $ 17,086 $ 540 $ — $ 17,626 Total securities $ 142,183 $ 4,147 $ (44 ) $ 146,286 December 31, 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
Schedule of Temporary Impairment Losses, Investments [Table Text Block]	March 31, 2020 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 $ 7,105 $ (23 ) $ 1,330 $ (9 ) $ 8,435 $ (32 ) Obligations of states and political subdivisions 503 (12 ) — — 503 (12 ) Total securities available for sale $ 7,608 $ (35 ) $ 1,330 $ (9 ) $ 8,938 $ (44 ) December 31, 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 )
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 $ 2,155 $ 2,165 $ 436 $ 436 Due after one year through five years 9,982 10,265 4,733 4,820 Due after five years through ten years 34,741 35,983 3,263 3,471 Due after ten years 78,219 80,247 8,654 8,899 $ 125,097 $ 128,660 $ 17,086 $ 17,626
Marketable Securities [Table Text Block]	March 31, 2020 December 31, 2019 Federal Home Loan Bank stock $ 818 $ 776 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 50 50 $ 1,848 $ 1,806

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2020 December 31, 2019 Real estate loans: Construction and land development $ 40,279 $ 43,164 Secured by 1-4 family residential 230,980 229,438 Other real estate loans 241,374 236,555 Commercial and industrial loans 55,508 50,153 Consumer and other loans 13,726 15,036 Total loans $ 581,867 $ 574,346 Allowance for loan losses (5,584 ) (4,934 ) Loans, net $ 576,283 $ 569,412
Financing Receivable, Past Due [Table Text Block]	March 31, 2020 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 $ 110 $ — $ 110 $ 220 $ 40,059 $ 40,279 $ 400 $ — Secured by 1-4 family residential 1,614 164 170 1,948 229,032 230,980 667 67 Other real estate loans 952 — 411 1,363 240,011 241,374 455 — Commercial and industrial 40 14 — 54 55,454 55,508 — — Consumer and other loans 89 100 19 208 13,518 13,726 — 19 Total $ 2,805 $ 278 $ 710 $ 3,793 $ 578,074 $ 581,867 $ 1,522 $ 86 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 Secured by 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
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2020 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 39,720 $ — $ 559 $ — $ 40,279 Secured by 1-4 family residential 229,539 519 922 — 230,980 Other real estate loans 238,643 — 2,731 — 241,374 Commercial and industrial 52,325 1,505 1,678 — 55,508 Consumer and other loans 9,692 4,034 — — 13,726 Total $ 569,919 $ 6,058 $ 5,890 $ — $ 581,867 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

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	March 31, 2020 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, 2019 $ 464 $ 776 $ 2,296 $ 562 $ 836 $ 4,934 Charge-offs — — — (68 ) (260 ) (328 ) Recoveries — 2 1 2 73 78 Provision for (recovery of) loan losses (3 ) 298 347 215 43 900 Ending Balance, March 31, 2020 $ 461 $ 1,076 $ 2,644 $ 711 $ 692 $ 5,584 Ending Balance: Individually evaluated for impairment — 11 — — — 11 Collectively evaluated for impairment 461 1,065 2,644 711 692 5,573 Loans: Ending Balance $ 40,279 $ 230,980 $ 241,374 $ 55,508 $ 13,726 $ 581,867 Individually evaluated for impairment 400 667 455 — — 1,522 Collectively evaluated for impairment 39,879 230,313 240,919 55,508 13,726 580,345 December 31, 2019 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, 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 March 31, 2019 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, 2018 $ 561 $ 895 $ 2,160 $ 464 $ 929 $ 5,009 Charge-offs — (49 ) — — (179 ) (228 ) Recoveries 50 2 — 2 111 165 Provision for (recovery of) loan losses (6 ) (82 ) 115 26 (53 ) — Ending Balance, March 31, 2019 $ 605 $ 766 $ 2,275 $ 492 $ 808 $ 4,946 Ending Balance: Individually evaluated for impairment 71 23 35 — — 129 Collectively evaluated for impairment 534 743 2,240 492 808 4,817 Loans: Ending Balance $ 48,948 $ 217,527 $ 221,396 $ 46,045 $ 16,559 $ 550,475 Individually evaluated for impairment 398 990 787 — — 2,175 Collectively evaluated for impairment 48,550 216,537 220,609 46,045 16,559 548,300
Impaired Financing Receivables [Table Text Block]	March 31, 2020 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 $ 439 $ 400 $ — $ 400 $ — $ 367 $ — Secured by 1-4 family 770 444 223 667 11 613 1 Other real estate loans 505 455 — 455 — 458 — Total $ 1,714 $ 1,299 $ 223 $ 1,522 $ 11 $ 1,438 $ 1 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 March 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 $ 412 $ — $ 398 $ 398 $ 71 $ 326 $ 1 Secured by 1-4 family 1,055 836 154 990 23 661 2 Other real estate loans 792 752 35 787 35 1,329 7 Commercial and industrial — — — — — 90 — Total $ 2,259 $ 1,588 $ 587 $ 2,175 $ 129 $ 2,406 $ 10

Note 7 - Capital Requirements (

Note 7 - Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2020
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 March 31, 2020 Total Capital (to Risk-Weighted Assets) $ 86,849 14.98 % $ 46,373 8.00 % $ 57,967 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 81,265 14.02 % $ 34,780 6.00 % $ 46,373 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 81,265 14.02 % $ 26,085 4.50 % $ 37,678 6.50 % Tier 1 Capital (to Average Assets) $ 81,265 10.08 % $ 32,245 4.00 % $ 40,307 5.00 % 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 %

Note 11 - Earnings Per Common_2

Note 11 - Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2020 March 31, 2019 (Numerator): Net income $ 1,705 $ 2,261 (Denominator): Weighted average shares outstanding – basic 4,950,887 4,960,264 Potentially dilutive common shares – restricted stock units 5,083 3,870 Weighted average shares outstanding – diluted 4,955,970 4,964,134 Income per common share Basic $ 0.34 $ 0.46 Diluted $ 0.34 $ 0.46

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at March 31, 2020 Description Balance as of March 31, 2020 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 $ 102,597 $ — $ 102,597 $ — Obligations of states and political subdivisions 26,063 — 26,063 — $ 128,660 $ — $ 128,660 $ — 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, Nonrecurring [Table Text Block]	Fair Value Measurements at March 31, 2020 Description Balance as of March 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 212 $ — $ — $ 212 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 Measurement Inputs and Valuation Techniques [Table Text Block]	Quantitative information about Level 3 Fair Value Measurements for March 31, 2020 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 212 Property appraisals Selling cost 10 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 406 Property appraisals Selling cost 10 %
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at March 31, 2020 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 $ 48,090 $ 48,090 $ — $ — $ 48,090 Securities available for sale 128,660 — 128,660 — 128,660 Securities held to maturity 17,086 — 15,972 1,654 17,626 Restricted securities 1,848 — 1,848 — 1,848 Loans held for sale 621 — 621 — 621 Loans, net 576,283 — — 581,013 581,013 Bank owned life insurance 17,562 — 17,562 — 17,562 Accrued interest receivable 2,124 — 2,124 — 2,124 Financial Liabilities Deposits $ 720,627 $ — $ 605,217 $ 116,338 $ 721,555 Subordinated debt 4,987 — — 5,489 5,489 Junior subordinated debt 9,279 — — 8,510 8,510 Accrued interest payable 169 — 169 — 169 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

Note 13 - Stock Compensation _2

Note 13 - Stock Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Three Months Ended March 31, 2020 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 10,393 $ 19.26 Granted 14,457 20.94 Vested (8,992 ) 19.96 Forfeited — — Unvested, end of period 15,858 $ 20.40

Note 14 - Accumulated Other C_2

Note 14 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Net Unrealized Gains (Losses) on Securities Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2018 $ (1,808 ) $ (1,808 ) Unrealized holding gains (net of tax, $407) 1,528 1,528 Unrealized holding losses transferred from held to maturity to available for sale (net of tax, ($91)) (340 ) (340 ) Change during period 1,188 1,188 Balance at March 31, 2019 $ (620 ) $ (620 ) Balance at December 31, 2019 $ 724 $ 724 Unrealized holding gains (net of tax, $556) 2,092 2,092 Change during period 2,092 2,092 Balance at March 31, 2020 $ 2,816 $ 2,816

Note 15 - Revenue Recognition (

Note 15 - Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2020 March 31, 2019 Noninterest Income Service charges on deposit accounts $ 681 $ 701 ATM and check card fees 519 517 Wealth management fees 525 437 Fees for other customer services 207 175 Noninterest income (in-scope of Topic 606) $ 1,932 $ 1,830 Noninterest income (out-of-scope of Topic 606) 167 155 Total noninterest income $ 2,099 $ 1,985

Note 16 - Leases (Tables)

Note 16 - Leases (Tables)	3 Months Ended
	Mar. 31, 2020
Notes Tables
Assets and Liabilities, Lessee [Table Text Block]	Classification in the Consolidated Balance Sheet March 31, 2020 Operating lease right-of-use asset Other assets $ 293 Operating lease liability Accrued interest payable and other liabilities 289
Lease, Cost [Table Text Block]	March 31, 2020 Weighted average remaining lease term, in years 2.7 Weighted average discount rate 2.60 % Three Months Ended March 31, 2020 March 31, 2019 Lease Expense Operating lease expense $ 33 $ 33 Short-term lease expense 1 2 Total lease expense (1) $ 34 $ 35 Cash paid for amounts included in lease liability $ 34 $ 34
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	March 31, 2020 Nine months ending December 31, 2020 $ 94 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 $ 299 Less: discount (10 ) Operating lease liability $ 289

Note 1 - General (Details Textu

Note 1 - General (Details Textual) $ in Thousands	Apr. 30, 2020USD ($)	Apr. 21, 2020	Mar. 31, 2020USD ($)
Financing Receivable, Deferred Payments			$ 61,600
Subsequent Event [Member]
Financing Receivable, Number of Payment Deferrals	464
Financing Receivable, Deferred Payments	$ 171,000
Financing Receivable, Number of Closed and Approved Paycheck Protection Plan Loans	575
Finanancing Receivable, Closed and Approved Paycheck Protection Plan Loans	$ 74,900
Subsequent Event [Member] | Interest Rate Swap [Member]
Derivative, Number of Instruments Held, Total		2

Note 2 - Securities (Details Te

Note 2 - Securities (Details Textual) $ in Thousands	Jan. 01, 2019USD ($)	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Weighted Average Re-pricing Term (Year)		3 years 36 days		3 years 255 days
Debt Securities, Held-to-maturity, Fair Value, Total		$ 17,626		$ 17,646
Other Comprehensive Income (Loss), Transfers from Held-to-maturity to Available-for-Sale Securities, before Tax			$ (431)
Impairment Losses Related to Federal Home Loan Stock		0
Other Assets [Member]
Equity Securities without Readily Determinable Fair Value, Amount		$ 542		$ 514
Accounting Standards Update 2017-12 [Member]
Debt Securities, Held-to-maturity, Fair Value, Total	$ (23,000)
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		7		42
Available-for-Sale Securities, Number of Securities		98		94
Debt Securities, Held-to-maturity, Fair Value, Total		$ 12,307		$ 12,454
Municipal Bonds [Member]
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Total		1		3
Available-for-Sale Securities, Number of Securities		79		79
Debt Securities, Held-to-maturity, Fair Value, Total		$ 3,665		$ 3,680

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Amortized cost, available for sale securities	$ 125,097	$ 120,068
Gross unrealized gains, available for sale securities	3,607	1,254
Gross unrealized losses, available for sale securities	(44)	(339)
Fair value, available for sale securities	128,660	120,983
Amortized cost, held to maturity securities	17,086	17,627
Gross unrealized gains, held to maturity securities	540	99
Gross unrealized losses, held to maturity securities		(80)
Debt Securities, Held-to-maturity, Fair Value, Total	17,626	17,646
Amortized cost, total securities	142,183	137,695
Gross unrealized gains, total securities	4,147	1,353
Gross unrealized losses, total securities	(44)	(419)
Total securities	146,286	138,629
US Agency and Mortgage-backed Securities [Member]
Amortized cost, available for sale securities	99,536	94,461
Gross unrealized gains, available for sale securities	3,093	778
Gross unrealized losses, available for sale securities	(32)	(334)
Fair value, available for sale securities	102,597	94,905
Amortized cost, held to maturity securities	11,992	12,528
Gross unrealized gains, held to maturity securities	315	6
Gross unrealized losses, held to maturity securities		(80)
Debt Securities, Held-to-maturity, Fair Value, Total	12,307	12,454
Municipal Bonds [Member]
Amortized cost, available for sale securities	25,561	25,607
Gross unrealized gains, available for sale securities	514	476
Gross unrealized losses, available for sale securities	(12)	(5)
Fair value, available for sale securities	26,063	26,078
Amortized cost, held to maturity securities	3,594	3,599
Gross unrealized gains, held to maturity securities	71	81
Gross unrealized losses, held to maturity securities
Debt Securities, Held-to-maturity, Fair Value, Total	3,665	3,680
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities	1,500	1,500
Gross unrealized gains, held to maturity securities	154	12
Gross unrealized losses, held to maturity securities
Debt Securities, Held-to-maturity, Fair Value, Total	$ 1,654	$ 1,512

Note 2 - Securities - Investmen

Note 2 - Securities - Investments in an Unrealized Loss Position That Were Temporarily Impaired (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Less than 12 months, fair value, available for sale securities	$ 7,608	$ 31,226
Less than 12 months, unrealized (loss), available for sale securities	(35)	(212)
12 months or more, fair value, available for sale securities	1,330	13,083
12 months or more, unrealized (loss), available for sale securities	(9)	(127)
Total, fair value, available for sale securities	8,938	44,309
Total, unrealized (loss), available for sale securities	(44)	(339)
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
12 months or more, unrealized (loss), held to maturity securities		(70)
Total, fair value, held to maturity securities		9,452
Total, unrealized (loss), held to maturity securities		(80)
Less than 12 months, fair value, total securities		34,742
Less than 12 months, unrealized (loss), total securities		(222)
12 months or more, fair value, total securities		19,019
12 months or more, unrealized (loss), total securities		(197)
Total, fair value, total securities		53,761
Total, unrealized (loss), total securities		(419)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	7,105	29,853
Less than 12 months, unrealized (loss), available for sale securities	(23)	(207)
12 months or more, fair value, available for sale securities	1,330	13,083
12 months or more, unrealized (loss), available for sale securities	(9)	(127)
Total, fair value, available for sale securities	8,435	42,936
Total, unrealized (loss), available for sale securities	(32)	(334)
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
12 months or more, unrealized (loss), held to maturity securities		(70)
Total, fair value, held to maturity securities		9,452
Total, unrealized (loss), held to maturity securities		(80)
Municipal Bonds [Member]
Less than 12 months, fair value, available for sale securities	503	1,373
Less than 12 months, unrealized (loss), available for sale securities	(12)	(5)
12 months or more, fair value, available for sale securities
12 months or more, unrealized (loss), available for sale securities
Total, fair value, available for sale securities	503	1,373
Total, unrealized (loss), available for sale securities	$ (12)	$ (5)

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Due within one year, amortized cost, available for sale securities	$ 2,155
Due within one year, fair value, available for sale securities	2,165
Due within one year, amortized cost, held to maturity securities	436
Due within one year, fair value, held to maturity securities	436
Due after one year through five years, amortized cost, available for sale securities	9,982
Due after one year through five years, fair value, available for sale securities	10,265
Due after one year through five years, amortized cost, held to maturity securities	4,733
Due after one year through five years, fair value, held to maturity securities	4,820
Due after five years through ten years, amortized cost, available for sale securities	34,741
Due after five years through ten years, fair value, available for sale securities	35,983
Due after five years through ten years, amortized cost, held to maturity securities	3,263
Due after five years through ten years, fair value, held to maturity securities	3,471
Due after ten years, amortized cost, available for sale securities	78,219
Due after ten years, fair value, available for sale securities	80,247
Due after ten years, amortized cost, held to maturity securities	8,654
Due after ten years, fair value, held to maturity securities	8,899
Amortized cost, available for sale securities	125,097	$ 120,068
Fair value, available for sale securities	128,660	120,983
Amortized cost, held to maturity securities	17,086
Securities, fair value	$ 17,626	$ 17,646

Note 2 - Securities - Compositi

Note 2 - Securities - Composition of Restricted Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Federal Home Loan Bank stock	$ 818	$ 776
Federal Reserve Bank stock	980	980
Community Bankers’ Bank stock	50	50
Total restricted securities	$ 1,848	$ 1,806

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 366	$ 340
Loans and Leases Receivable, Gross, Total	581,867	574,346
Consumer and Other Loans [Member]
Loans and Leases Receivable, Gross, Total	13,726	15,036
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Loans and Leases Receivable, Gross, Total	$ 238	$ 374

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Dec. 31, 2018
Loans	$ 581,867	$ 574,346
Allowance for loan losses	(5,584)	(4,934)	$ (4,946)	$ (5,009)
Loans, net	576,283	569,412
Commercial and Industrial Loans [Member]
Loans	55,508	50,153
Allowance for loan losses	(711)	(562)	(492)	(464)
Consumer and Other Loans [Member]
Loans	13,726	15,036
Allowance for loan losses	(692)	(836)	(808)	(929)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	40,279	43,164
Allowance for loan losses	(461)	(464)	(605)	(561)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	230,980	229,438
Allowance for loan losses	(1,076)	(776)	(766)	(895)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	241,374	236,555
Allowance for loan losses	$ (2,644)	(2,296)	$ (2,275)	$ (2,160)
Consumer and Other Loans [Member] | Consumer and Other Loans [Member]
Loans		$ 15,036

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	Mar. 31, 2020	Dec. 31, 2019
Total past due	$ 3,793	$ 3,145
Current	578,074	571,201
Loans	581,867	574,346
Non-accrual loans	1,522	1,459
Accruing loans past due 90 days or more amounted	86	97
Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	2,805	2,013
Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	278	571
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	710	561
Real Estate 1 [Member] | Construction and Land Development [Member]
Total past due	220	166
Current	40,059	42,998
Loans	40,279	43,164
Non-accrual loans	400	367
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	110
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due		136
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	110	30
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Total past due	1,948	1,849
Current	229,032	227,589
Loans	230,980	229,438
Non-accrual loans	667	630
Accruing loans past due 90 days or more amounted	67	67
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	1,614	1,428
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	164	306
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	170	115
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Total past due	1,363	873
Current	240,011	235,682
Loans	241,374	236,555
Non-accrual loans	455	462
Accruing loans past due 90 days or more amounted
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	952	457
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	411	416
Commercial and Industrial Loans [Member]
Total past due	54	95
Current	55,454	50,058
Loans	55,508	50,153
Non-accrual loans
Accruing loans past due 90 days or more amounted
Commercial and Industrial Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	40	45
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	14	50
Commercial and Industrial Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due
Consumer and Other Loans [Member]
Total past due	208	162
Current	13,518	14,874
Loans	13,726	15,036
Non-accrual loans
Accruing loans past due 90 days or more amounted	19
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	89	83
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	100	79
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	$ 19

Note 3 - Loans - Analysis of th

Note 3 - Loans - Analysis of the Credit Risk Profile of Each Loan Class (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Loans	$ 581,867	$ 574,346
Pass [Member]
Loans	569,919	563,408
Special Mention [Member]
Loans	6,058	6,069
Substandard [Member]
Loans	5,890	4,869
Doubtful [Member]
Loans
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	40,279	43,164
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans	39,720	42,636
Real Estate 1 [Member] | Construction and Land Development [Member] | Special Mention [Member]
Loans
Real Estate 1 [Member] | Construction and Land Development [Member] | Substandard [Member]
Loans	559	528
Real Estate 1 [Member] | Construction and Land Development [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	230,980	229,438
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans	229,539	228,029
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Special Mention [Member]
Loans	519	524
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Substandard [Member]
Loans	922	885
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	241,374	236,555
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans	238,643	233,240
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Special Mention [Member]
Loans		537
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Substandard [Member]
Loans	2,731	2,778
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans
Commercial and Industrial Loans [Member]
Loans	55,508	50,153
Commercial and Industrial Loans [Member] | Pass [Member]
Loans	52,325	48,527
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans	1,505	948
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	1,678	678
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans
Consumer and Other Loans [Member]
Loans	13,726	15,036
Consumer and Other Loans [Member] | Pass [Member]
Loans	9,692	10,976
Consumer and Other Loans [Member] | Special Mention [Member]
Loans	4,034	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	1 Months Ended	3 Months Ended
	Apr. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Financing Receivable, Troubled Debt Restructuring		$ 350		$ 360
Financing Receivable, Deferred Payments		61,600
Financing Receivable, Troubled Debt Restructuring, Subsequent Default		$ 0	$ 0
Subsequent Event [Member]
Financing Receivable, Deferred Payments	$ 171,000
Financing Receivable, Deferred Payments During the Period	$ 109,400
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Financing Receivable, Modifications, Number of Contracts		1
Performing Financial Instruments [Member]
Financing Receivable, Troubled Debt Restructuring		$ 0		$ 0

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	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Beginning balance	$ 4,934	$ 5,009	$ 5,009
Charge-offs	(328)	(228)	(884)
Recoveries	78	165	359
Provision for (recovery of) loan losses	900		450
Ending balance	5,584	4,946	4,934
Individually evaluated for impairment, allowance	11	129	33
Collectively evaluated for impairment, allowance	5,573	4,817	4,901
Loans	581,867		574,346
Individually evaluated for impairment, loans	1,522	2,175	1,459
Collectively evaluated for impairment, loans	580,345	548,300	572,887
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	464	561	561
Charge-offs			(2)
Recoveries		50	50
Provision for (recovery of) loan losses	(3)	(6)	(145)
Ending balance	461	605	464
Individually evaluated for impairment, allowance		71	22
Collectively evaluated for impairment, allowance	461	534	442
Loans	40,279		43,164
Individually evaluated for impairment, loans	400	398	367
Collectively evaluated for impairment, loans	39,879	48,550	42,797
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	776	895	895
Charge-offs		(49)	(58)
Recoveries	2	2	9
Provision for (recovery of) loan losses	298	(82)	(70)
Ending balance	1,076	766	776
Individually evaluated for impairment, allowance	11	23	11
Collectively evaluated for impairment, allowance	1,065	743	765
Loans	230,980		229,438
Individually evaluated for impairment, loans	667	990	630
Collectively evaluated for impairment, loans	230,313	216,537	228,808
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Beginning balance	2,296	2,160	2,160
Charge-offs			(27)
Recoveries	1		1
Provision for (recovery of) loan losses	347	115	162
Ending balance	2,644	2,275	2,296
Individually evaluated for impairment, allowance		35
Collectively evaluated for impairment, allowance	2,644	2,240	2,296
Loans	241,374		236,555
Individually evaluated for impairment, loans	455	787	462
Collectively evaluated for impairment, loans	240,919	220,609	236,093
Commercial and Industrial Loans [Member]
Beginning balance	562	464	464
Charge-offs	(68)		(2)
Recoveries	2	2	8
Provision for (recovery of) loan losses	215	26	92
Ending balance	711	492	562
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	711	492	562
Loans	55,508		50,153
Individually evaluated for impairment, loans
Collectively evaluated for impairment, loans	55,508	46,045	50,153
Consumer and Other Loans [Member]
Beginning balance	836	929	929
Charge-offs	(260)	(179)	(795)
Recoveries	73	111	291
Provision for (recovery of) loan losses	43	(53)	411
Ending balance	692	808	836
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	692	808	836
Loans	13,726		15,036
Individually evaluated for impairment, loans
Collectively evaluated for impairment, loans	$ 13,726	$ 16,559	$ 15,036

Note 4 - Allowance for Loan L_5

Note 4 - Allowance for Loan Losses - Impaired Loans and Related Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Impaired loans, unpaid principal balance	$ 1,714	$ 2,259	$ 1,639
Impaired loans, recorded investment with no allowance	1,299	1,588	1,020
Impaired loans, recorded investment with allowance	223	587	439
Impaired loans, total recorded investment	1,522	2,175	1,459
Impaired loans, related allowance	11	129	33
Impaired loans, average recorded investment	1,438	2,406	1,926
Impaired loans, interest income recognized	1	10	5
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance	439	412	401
Impaired loans, recorded investment with no allowance	400		70
Impaired loans, recorded investment with allowance		398	297
Impaired loans, total recorded investment	400	398	367
Impaired loans, related allowance		71	22
Impaired loans, average recorded investment	367	326	369
Impaired loans, interest income recognized		1	1
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Impaired loans, unpaid principal balance	770	1,055	729
Impaired loans, recorded investment with no allowance	444	836	488
Impaired loans, recorded investment with allowance	223	154	142
Impaired loans, total recorded investment	667	990	630
Impaired loans, related allowance	11	23	11
Impaired loans, average recorded investment	613	661	769
Impaired loans, interest income recognized	1	2	1
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	505	792	509
Impaired loans, recorded investment with no allowance	455	752	462
Impaired loans, recorded investment with allowance		35
Impaired loans, total recorded investment	455	787	462
Impaired loans, related allowance		35
Impaired loans, average recorded investment	458	1,329	766
Impaired loans, interest income recognized		7	3
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance
Impaired loans, recorded investment with no allowance
Impaired loans, recorded investment with allowance
Impaired loans, total recorded investment
Impaired loans, related allowance
Impaired loans, average recorded investment		90	22
Impaired loans, interest income recognized

Note 5 - Other Real Estate Ow_2

Note 5 - Other Real Estate Owned (OREO) (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Other Real Estate, Period Increase (Decrease), Total	$ 0	$ 0
Mortgage Loans in Process of Foreclosure, Amount	0
Other Real Estate Owned, Expenses	0	1
Residential Real Estate Properties [Member]
Other Real Estate, Ending Balance	$ 0	$ 0

Note 6 - Other Borrowings (Deta

Note 6 - Other Borrowings (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Line of Credit Facility, Remaining Borrowing Capacity	$ 237,900	$ 218,100
Percentage of Assets, Maximum Borrowing Capacity from FHLB	19.00%
Loans Pledged as Collateral	$ 197,300	194,900
Federal Home Loan Bank Stock	818	776
Advances from Federal Home Loan Banks, Total	0	$ 0
FHLB Loans [Member]
Line of Credit Facility, Remaining Borrowing Capacity	146,700
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%
Debt Instrument, Interest Rate Floor	3.50%

Note 7 - Capital Requirements_2

Note 7 - Capital Requirements (Details Textual)	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Capital Conservation Buffer, Percentage	2.50%	2.50%
Capital Conservation Buffer Percentage, Maintained at Bank	6.98%	6.84%

Note 7 - Capital Requirements -

Note 7 - Capital Requirements - Comparison of Capital of Company and Bank with Minimum Regulatory Guidelines (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Total Capital (to Risk-Weighted Assets), actual amount	$ 86,849	$ 85,439
Total Capital (to Risk-Weighted Assets), actual ratio	0.1498	0.1484
Total Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 46,373	$ 46,046
Total Capital (to Risk-Weighted Assets), minimum capital requirement ratio	0.08	0.08
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 57,967	$ 57,557
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.1	0.1
Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 81,265	$ 80,505
Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1402	0.1399
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 34,780	$ 34,534
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement ratio	0.06	0.06
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 46,373	$ 46,046
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.08	0.08
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 81,265	$ 80,505
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1402	0.1399
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 26,085	$ 25,901
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	$ 37,678	$ 37,412
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	$ 81,265	$ 80,505
Tier 1 Capital (to Average Assets), actual ratio	0.1008	0.1013
Tier 1 Capital (to Average Assets), minimum capital requirement amount	$ 32,245	$ 31,799
Tier 1 Capital (to Average Assets), minimum capital requirement ratio	0.04	0.04
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 40,307	$ 39,749
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.05	0.05

Note 8 - Subordinated Debt (Det

Note 8 - Subordinated Debt (Details Textual) - Subordinated Loan Agreement Note [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Oct. 30, 2015
Debt Instrument, Face Amount			$ 5,000
Debt Instrument, Interest Rate, Stated Percentage			6.75%
Unamortized Debt Issuance Expense	$ 13	$ 17

Note 9 - Junior Subordinated _2

Note 9 - Junior Subordinated Debt (Details Textual) - USD ($) $ in Millions	Jul. 31, 2006	Jun. 17, 2004	Mar. 31, 2020	Dec. 31, 2019
First National (VA) Statutory Trust II [Member]
Proceeds from Issuance of Trust Preferred Securities		$ 5
Debt Instrument, Interest Rate, Effective Percentage			3.44%	4.50%
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			3.51%	3.70%
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total			$ 4.1
Maximum Junior Subordinated Debt for Tier One Capital Adequacy			25.00%

Note 10 - Benefit Plans (Detail

Note 10 - Benefit Plans (Details Textual) $ in Thousands	Mar. 15, 2019	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)
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 (Year)		19 years
Defined Contribution Plan, Employer Matching Contribution, Vesting Period (Year)		2 years
Supplemental Employee Retirement Plan [Member]
Defined Contribution Plan, Cost		$ 66	$ 23
Defined Contribution Plan, Number of Employees	3
Defined Contribution Plan, Retirement Benefits Payable, Number of Monthly Payments	180
The 401(k) Plan [Member]
Defined Contribution Plan, Cost		$ 249	$ 247
Minimum [Member]
Defined Contribution Plan, Stated Percentage of Employees Contribution		2.00%
Maximum [Member]
Defined Contribution Plan, Stated Percentage of Employees Contribution		6.00%

Note 11 - Earnings Per Common_3

Note 11 - Earnings Per Common Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ 1,705	$ 2,261
Weighted average shares outstanding – basic (in shares)	4,950,887	4,960,264
Potentially dilutive common shares – restricted stock units (in shares)	5,083	3,870
Weighted average shares outstanding – diluted (in shares)	4,955,970	4,964,134
Basic (in dollars per share)	$ 0.34	$ 0.46
Diluted (in dollars per share)	$ 0.34	$ 0.46

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Loans Held for Sale [Member] | Fair Value, Nonrecurring [Member]
Assets, Fair Value Adjustment	$ 0	$ 0

Note 12 - Fair Value Measurem_4

Note 12 - Fair Value Measurements - Balances of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Fair value, available for sale securities	$ 128,660	$ 120,983
Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities		120,983
Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
Fair Value, Recurring [Member]
Fair value, available for sale securities	128,660
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	128,660
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
US Agency and Mortgage-backed Securities [Member]
Fair value, available for sale securities	102,597	94,905
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	102,597	94,905
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	102,597	94,905
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
Municipal Bonds [Member]
Fair value, available for sale securities	26,063	26,078
Municipal Bonds [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	26,063	26,078
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	26,063	26,078
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities

Note 12 - Fair Value Measurem_5

Note 12 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Impaired Loans [Member] - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets, Fair Value	$ 212	$ 406
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	$ 212	$ 406

Note 12 - Fair Value Measurem_6

Note 12 - Fair Value Measurements - Quantitative Information About Level 3 Fair Value Measurements (Details) - Impaired Loans [Member] - Fair Value, Nonrecurring [Member] $ in Thousands		Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Assets, Fair Value		$ 212	$ 406
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		$ 212	$ 406
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Measurement Input	[1]	0.1	0.1
[1]	Unobservable inputs were weighted by the relative fair value of the instruments.

Note 12 - Fair Value Measurem_7

Note 12 - Fair Value Measurements - Carrying Values and Estimated Values of Financial Instruments (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Fair value, available for sale securities		$ 128,660	$ 120,983
Securities held to maturity		17,086
Restricted securities		1,848	1,806
Bank owned life insurance		17,562	17,447
Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities			120,983
Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
Reported Value Measurement [Member]
Cash and short-term investments		48,090	45,785
Fair value, available for sale securities		128,660	120,983
Securities held to maturity		17,086	17,627
Restricted securities		1,848	1,806
Loans held for sale		621	167
Loans, net	[1]	576,283	569,412
Bank owned life insurance		17,562	17,447
Accrued interest receivable		2,124	2,065
Deposits		720,627	706,442
Subordinated debt		4,987	4,983
Junior subordinated debt		9,279	9,279
Accrued interest payable		169	184
Estimate of Fair Value Measurement [Member]
Cash and short-term investments		48,090	45,785
Fair value, available for sale securities		128,660	120,983
Securities held to maturity		17,626	17,646
Restricted securities		1,848	1,806
Loans held for sale		621	167
Loans, net	[1]	581,013	572,910
Bank owned life insurance		17,562	17,447
Accrued interest receivable		2,124	2,065
Deposits		721,555	705,949
Subordinated debt		5,489	5,023
Junior subordinated debt		8,510	9,724
Accrued interest payable		169	184
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and short-term investments		48,090	45,785
Fair value, available for sale securities
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
Fair value, available for sale securities		128,660	120,983
Securities held to maturity		15,972	16,134
Restricted securities		1,848	1,806
Loans held for sale		621	167
Loans, net	[1]
Bank owned life insurance		17,562	17,447
Accrued interest receivable		2,124	2,065
Deposits		605,217	588,878
Subordinated debt
Junior subordinated debt
Accrued interest payable		169	184
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and short-term investments
Fair value, available for sale securities
Securities held to maturity		1,654	1,512
Restricted securities
Loans held for sale
Loans, net	[1]	581,013	572,910
Bank owned life insurance
Accrued interest receivable
Deposits		116,338	117,071
Subordinated debt		5,489	5,023
Junior subordinated debt		8,510	9,724
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 13 - Stock Compensation _3

Note 13 - Stock Compensation Plans (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)shares	Mar. 31, 2019USD ($)	May 13, 2014shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	14,457
Restricted Stock [Member]
Share-based Payment Arrangement, Expense | $	$ 132	$ 43
Restricted Stock, Vested, Conversion Ratio	1
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	14,457
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $	$ 285
Restricted Stock [Member] | Vesting Immediately [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	4,825
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 (in shares)	9,632
First National Corporation 2014 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			240,000
Share-based Payment Arrangement, Expense | $	$ 0	$ 0

Note 13 - Stock Compensation _4

Note 13 - Stock Compensation Plans - Summary of Restricted Stock Unit Activity (Details)	3 Months Ended
	Mar. 31, 2020$ / sharesshares
Unvested, beginning of year, shares (in shares) | shares	10,393
Unvested, beginning of year, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.26
Granted, shares (in shares) | shares	14,457
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.94
Vested, shares (in shares) | shares	(8,992)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.96
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	15,858
Unvested, end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.40

Note 14 - Accumulated Other C_3

Note 14 - Accumulated Other Comprehensive Income (Loss) (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent	$ 0	$ 0

Note 14 - Accumulated Other C_4

Note 14 - Accumulated Other Comprehensive Income (Loss) - Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Balance	$ 77,219	$ 66,674
Unrealized holding gains, net of tax	2,092	1,528
Unrealized holding losses transferred from held to maturity to available for sale, net of tax		(340)
Total other comprehensive income	2,092	1,188
Balance	78,518	69,728
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	724	(1,808)
Unrealized holding gains, net of tax	2,092	1,528
Unrealized holding losses transferred from held to maturity to available for sale, net of tax		(340)
Total other comprehensive income		1,188
Total other comprehensive income	2,092
Balance	2,816	(620)
AOCI Attributable to Parent [Member]
Balance	724	(1,808)
Unrealized holding gains, net of tax	2,092	1,528
Unrealized holding losses transferred from held to maturity to available for sale, net of tax		(340)
Total other comprehensive income		1,188
Total other comprehensive income	2,092	1,188
Balance	$ 2,816	$ (620)

Note 14 - Accumulated Other C_5

Note 14 - Accumulated Other Comprehensive Income (Loss) - Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Details) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Unrealized holding gains, tax	$ 556	$ 407
Unrealized holding losses transferred from held to maturity to available for sale, tax	0	(91)
AOCI Attributable to Parent [Member]
Unrealized holding gains, tax	$ 556	407
Unrealized holding losses transferred from held to maturity to available for sale, tax		$ (91)

Note 15 - Revenue Recognition -

Note 15 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Noninterest income	$ 1,932	$ 1,830
Noninterest income (out-of-scope of Topic 606)	167	155
Total noninterest income	2,099	1,985
Service Charges on Deposit Accounts [Member]
Noninterest income	681	701
ATM and Check Card Fees [Member]
Noninterest income	519	517
Wealth Management Fees [Member]
Noninterest income	525	437
Fees for Other Customer Services [Member]
Noninterest income	$ 207	$ 175

Note 16 - Leases (Details Textu

Note 16 - Leases (Details Textual) $ in Thousands	Mar. 31, 2020	Jan. 01, 2019USD ($)
Number of Leases	6
Leases With Option to Extend the Lease [Member]
Number of Leases	3
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset		$ 390
Operating Lease, Liability, Total		$ 390

Note 16 - Leases - Operating Le

Note 16 - Leases - Operating Lease Right-of-Use Asset and Operating Lease Liability (Details) $ in Thousands	Mar. 31, 2020USD ($)
Other Assets [Member]
Operating lease right-of-use asset	$ 293
Accrued Interest Payable and Other Liabilities [Member]
Operating lease liability	$ 289

Note 16 - Leases - Schedule of

Note 16 - Leases - Schedule of Lease Cost and Additional Information Related to Operating Leases (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Weighted average remaining lease term, in years (Year)		2 years 255 days
Weighted average discount rate		2.60%
Operating lease expense		$ 33	$ 33
Short-term lease expense		1	2
Total lease expense (1)	[1]	34	35
Cash paid for amounts included in lease liability		$ 34	$ 34
[1]	Included in occupancy expense in the Company's consolidated statements of income.

Note 16 - Leases - Schedule o_2

Note 16 - Leases - Schedule of Undiscounted Cash Flows that Contribute to the Operating Lease Liability (Details) $ in Thousands	Mar. 31, 2020USD ($)
Nine months ending December 31, 2020	$ 94
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	299
Less: discount	(10)
Accrued Interest Payable and Other Liabilities [Member]
Operating lease liability	$ 289

Note 17 - Subsequent Events (De

Note 17 - Subsequent Events (Details Textual) - Subsequent Event [Member] $ in Millions	Apr. 21, 2020USD ($)
Interest Rate Swap [Member]
Derivative, Number of Instruments Held, Total	2
Interest Rate Swap One [Member]
Derivative, Notional Amount	$ 5
Derivative, Fixed Interest Rate	0.79%
Interest Rate Swap Two [Member]
Derivative, Notional Amount	$ 4
Derivative, Fixed Interest Rate	0.82%