First National (FXNC) 10-Q 17 May 21 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 17, 2021
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	Non-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)		4,868,462
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Document Fiscal Year Focus	2021
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, 2021	Dec. 31, 2020	[1]
Assets
Cash and due from banks	$ 11,940	$ 13,115
Interest-bearing deposits in banks	164,322	114,182
Securities available for sale, at fair value	159,742	140,225
Securities held to maturity, at amortized cost (fair value, 2021, $13,843; 2020, $14,743)	13,424	14,234
Restricted securities, at cost	1,631	1,875
Loans held for sale		245
Loans, net of allowance for loan losses, 2021, $7,486; 2020, $7,485	630,716	622,429
Premises and equipment, net	19,087	19,319
Accrued interest receivable	2,609	2,717
Bank owned life insurance	18,029	17,916
Core deposit intangibles, net	5	19
Other assets	6,625	4,656
Total assets	1,028,130	950,932
Liabilities
Noninterest-bearing demand deposits	292,280	263,229
Savings and interest-bearing demand deposits	526,012	479,035
Time deposits	97,765	100,197
Total deposits	916,057	842,461
Subordinated debt	9,992	9,991
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	6,876	4,285
Total liabilities	942,204	866,016
Commitments and contingencies
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, 2021, 4,868,462 shares; 2020, 4,860,399 shares	6,086	6,075
Surplus	6,214	6,151
Retained earnings	71,144	69,292
Accumulated other comprehensive income, net	2,482	3,398
Total shareholders’ equity	85,926	84,916
Total liabilities and shareholders’ equity	$ 1,028,130	$ 950,932
[1]	Derived from audited consolidated financial statements.

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	[1]
Securities, fair value	$ 13,843	$ 14,743
Allowance for loan losses	$ 7,486	$ 7,485
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)	4,868,462	4,860,399
Common stock, shares outstanding (in shares)	4,868,462	4,860,399
[1]	Derived from audited consolidated financial statements.

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Interest and Dividend Income
Interest and fees on loans	$ 7,143	$ 7,203
Interest on deposits in banks	33	118
Interest and dividends on securities:
Taxable interest	717	670
Tax-exempt interest	180	151
Dividends	22	26
Total interest and dividend income	8,095	8,168
Interest Expense
Interest on deposits	363	962
Interest on subordinated debt	154	90
Interest on junior subordinated debt	66	90
Total interest expense	583	1,142
Net interest income	7,512	7,026
Provision for loan losses		900
Net interest income after provision for loan losses	7,512	6,126
Noninterest Income
Noninterest income	1,972	1,932
Income from bank owned life insurance	113	115
Net gains on securities available for sale	37
Net gains on sale of loans	7	31
Other operating income	14	21
Total noninterest income	2,143	2,099
Noninterest Expense
Salaries and employee benefits	3,555	3,589
Occupancy	447	402
Equipment	431	410
Marketing	106	106
Supplies	88	89
Legal and professional fees	737	279
ATM and check card expense	231	245
FDIC assessment	69	30
Bank franchise tax	168	153
Data processing expense	204	184
Amortization expense	14	52
Other operating expense	600	605
Total noninterest expense	6,650	6,144
Income before income taxes	3,005	2,081
Income tax expense	569	376
Net income	$ 2,436	$ 1,705
Earnings per common share
Basic (in dollars per share)	$ 0.50	$ 0.34
Diluted (in dollars per share)	$ 0.50	$ 0.34
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 442	$ 681
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	601	519
Asset Management [Member]
Noninterest Income
Noninterest income	643	525
Financial Service, Other [Member]
Noninterest Income
Noninterest income	$ 286	$ 207

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Uanaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 2,436	$ 1,705
Other comprehensive (loss) income, net of tax,
Unrealized holding (losses) gains on available for sale securities, net of tax ($432) and $556 for the three months ended March 31, 2021 and 2020, respectively	(1,625)	2,092
Reclassification adjustment for gains included in net income, net of tax ($8) and $0 for the three months ended March 31, 2021 and 2020, respectively	(29)
Change in fair value of cash flow hedges, net of tax $196 and $0 for the three months ended March 31, 2021 and 2020, respectively	738
Total other comprehensive income	(916)	2,092
Total comprehensive income	$ 1,520	$ 3,797

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Uanaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Unrealized holding losses on securities transferred from held to maturity to available for sale, tax	$ (432)	$ 556
Reclassification adjustment for losses included in net income, tax	(8)	0
Change in fair value of cash flow hedges, tax	$ 196	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash Flows from Operating Activities
Net income	$ 2,436	$ 1,705
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	323	327
Amortization of core deposit intangibles	14	52
Amortization of debt issuance costs	1	4
Origination of loans held for sale	(318)	(2,133)
Proceeds from sale of loans held for sale	570	1,710
Net gains on sales of loans held for sale	(7)	(31)
Provision for loan losses		900
Net gains on securities available for sale	(37)
Increase in cash value of bank owned life insurance	(113)	(115)
Accretion of discounts and amortization of premiums on securities, net	214	157
Accretion of premium on time deposits	(3)	(12)
Stock-based compensation	74	132
Excess tax deficiency (benefit) on stock-based compensation	3	(2)
Gains on disposal of premises and equipment	(12)	(9)
Deferred income tax benefit	(95)	(170)
Changes in assets and liabilities:
Decrease (increase) in interest receivable	108	(59)
(Increase) decrease in other assets	(700)	610
Increase in accrued interest payable and other liabilities	2,592	320
Net cash provided by operating activities	5,050	3,386
Cash Flows from Investing Activities
Proceeds from maturities, calls, principal payments, and sales of securities available for sale	13,425	5,318
Proceeds from maturities, calls, and principal payments of securities held to maturity	786	516
Purchase of securities available for sale	(35,189)	(10,479)
Net redemption (purchase) of restricted securities	244	(42)
Purchase of premises and equipment	(91)	(199)
Proceeds from sale of premises and equipment	12	9
Net increase in loans	(8,287)	(7,771)
Net cash used in investing activities	(29,100)	(12,648)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts	76,028	16,339
Net decrease in time deposits	(2,429)	(2,142)
Cash dividends paid on common stock, net of reinvestment	(545)	(512)
Net cash provided by financing activities	73,015	11,567
Increase in cash and cash equivalents	48,965	2,305
Cash and Cash Equivalents
Beginning	127,297	45,785
Ending	176,262	48,090
Supplemental Disclosures of Cash Flow Information
Interest	543	1,169
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized (losses) gains on securities available for sale	(2,094)	2,648
Change in fair value of cash flow hedges	934
Issuance of common stock, dividend reinvestment plan	39	35
First National Corporation 2014 Stock Incentive Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock	(39)	(47)
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, 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
Balance at Dec. 31, 2020											6,075	6,151	69,292	3,398	84,916	[1]
Net income													2,436		2,436
Other comprehensive income														(916)	(916)
Cash dividends on common stock													(584)		(584)
Stock-based compensation												74			74
Issuance of common stock, dividend reinvestment plan											3	36			39
Issuance of common stock, stock incentive plan											10	(10)
Repurchase of common stock	$ (2)	$ (37)			$ (39)
Balance at Mar. 31, 2021											$ 6,086	$ 6,214	$ 71,144	$ 2,482	$ 85,926
[1]	Derived from audited consolidated financial statements.

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock shares (in shares)	2,221	2,223
Stock Repurchase Plan [Member]
Repurchase of common stock shares (in shares)		129,035
Cash dividends on common stock, per share (in dollars per share)	$ 0.12	$ 0.11
Issuance of common stock, dividend reinvestment plan, shares (in shares)	2,211	2,242
Issuance of common stock, stock incentive plan (in shares)	8,073	8,992

Note 1 - General

Note 1 - General	3 Months Ended
	Mar. 31, 2021
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, 2021 December 31, 2020 three March 31, 2021 2020 three March 31, 2021 2020 three March 31, 2021 2020 10 December 31, 2020 three March 31, 2021 not may December 31, 2021 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 in March 2020 $2 2021 March 2021 $1.9 19. 19, may 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 6 24 19 19 may not may no may The Company's net interest income could also decrease due to adverse economic conditions that may 19 The Company's noninterest income could decrease due to COVID- 19. 2020 first 2021 may may may may The Company's noninterest expense could increase due to COVID- 19. may At this time, the Company is unable to project the full extent or materiality of the foregoing impacts but recognizes the breadth of the economic impacts of COVID- 19 may Capital and Liquidity While the Company believes it has sufficient capital to withstand an extended economic recession brought about by COVID- 19, may March 2020, 2020. not June 2020, $5.0 The Company maintains access to multiple sources of liquidity. While wholesale funding markets have remained open, interest rates for short term funding could become volatile. If funding costs would become elevated for an extended period of time, it may Processes, Controls and Business Continuity Plan The Company continues to operate under its Pandemic Continuity of Operations Plan that includes a remote working strategy. The Company has 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 offered a payment deferral program, primarily during the second third 2020, 90 no March 31, 2021. August 2020, not During the fourth 2020, 6 24 $14.3 March 31, 2021. $12.8 $1.5 With the passage of the Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA), the Company actively participated in assisting its customers with applications for resources through the program. During the second third 2020, $76.6 $2.5 $535 99% second 2022. March 31, 2021, 2020 $46.5 Congress revived the PPP (new PPP) as part of the COVID- 19 December 27, 2020. January 2021. March 31, 2021, $19.8 $51 $1.1 first 2026. Asset Quality The economic impact of the pandemic had an unfavorable impact on the financial condition of certain Bank customers. The Bank entered into loan modification agreements in the fourth 2020 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. Business Combination On February 18, 2021, $31.6 17. Adoption of New Accounting Pronouncements In December 2019, No. 2019 12, 740 2019 12 740 2019 12 January 1, 2021. not In January 2020, No. 2020 01, 321 323 815 321, 323, 815” 2020 01 2016 01 2020 01 January 1, 2021. not In October 2020, No. 2020 08, 310 20, 2020 08 310 20 35 33 2020 08 January 1, 2021. not In December 2020, 2021 541 first 19 19 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 March 2020, No. 2020 04, 848 2020 04 March 12, 2020 December 31, 2022. January 2021, No. 2021 01 848 2021 01 848 848 may 2021 01 March 12, 2020, January 7, 2021, may 2021 01 March 12, 2020, March 12, 2020. 2020 04 In August 2020, No. 2020 06, 470 20 815 40 2020 06 no December 15, 2021, December 15, 2023, not 2020 06

Note 2 - Securities

Note 2 - Securities	3 Months Ended
	Mar. 31, 2021
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, 2021 December 31, 2020 March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 107,951 $ 2,183 $ (795 ) $ 109,339 Obligations of states and political subdivisions 50,015 831 (443 ) 50,403 Total securities available for sale $ 157,966 $ 3,014 $ (1,238 ) $ 159,742 Securities held to maturity: U.S. agency and mortgage-backed securities $ 8,781 $ 212 $ — $ 8,993 Obligations of states and political subdivisions 3,143 116 — 3,259 Corporate debt securities 1,500 91 — 1,591 Total securities held to maturity $ 13,424 $ 419 $ — $ 13,843 Total securities $ 171,390 $ 3,433 $ (1,238 ) $ 173,585 December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 98,848 $ 2,830 $ (80 ) $ 101,598 Obligations of states and political subdivisions 37,507 1,122 (2 ) 38,627 Total securities available for sale $ 136,355 $ 3,952 $ (82 ) $ 140,225 Securities held to maturity: U.S. agency and mortgage-backed securities $ 9,588 $ 264 $ — $ 9,852 Obligations of states and political subdivisions 3,146 140 — 3,286 Corporate debt securities 1,500 105 — 1,605 Total securities held to maturity $ 14,234 $ 509 $ — $ 14,743 Total securities $ 150,589 $ 4,461 $ (82 ) $ 154,968 At March 31, 2021 December 31, 2020 March 31, 2021 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 $ 37,512 $ (795 ) $ — $ — $ 37,512 $ (795 ) Obligations of states and political subdivisions 21,599 (443 ) — — 21,599 (443 ) Total securities available for sale $ 59,111 $ (1,238 ) $ — $ — $ 59,111 $ (1,238 ) December 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 $ 17,367 $ (80 ) $ — $ — $ 17,367 $ (80 ) Obligations of states and political subdivisions 1,020 (2 ) — — 1,020 (2 ) Total securities available for sale $ 18,387 $ (82 ) $ — $ — $ 18,387 $ (82 ) 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, 2021 twenty one hundred one twenty-three ninety-six 4.5 March 31, 2021 December 31, 2020 seven one hundred one one eighty-four December 31, 2020 3.5 December 31, 2020 March 31, 2021 not The amortized cost and fair value of securities at March 31, 2021 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,345 $ 2,378 $ 391 $ 392 Due after one year through five years 8,892 9,192 6,040 6,251 Due after five years through ten years 44,696 45,378 2,107 2,176 Due after ten years 102,033 102,794 4,886 5,024 $ 157,966 $ 159,742 $ 13,424 $ 13,843 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, 2021 no The composition of restricted securities at March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Federal Home Loan Bank stock $ 573 $ 818 Federal Reserve Bank stock 981 980 Community Bankers' Bank stock 77 77 $ 1,631 $ 1,875 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 $454 $529 March 31, 2021 December 31, 2020

Note 3 - Loans

Note 3 - Loans	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Real estate loans: Construction and land development $ 25,720 $ 27,328 Secured by 1-4 family residential 236,870 235,814 Other real estate loans 248,864 246,883 Commercial and industrial loans 117,545 109,838 Consumer and other loans 9,203 10,051 Total loans $ 638,202 $ 629,914 Allowance for loan losses (7,486 ) (7,485 ) Loans, net $ 630,716 $ 622,429 Net deferred loan fees included in the above loan categories were $2.0 $1.6 March 31, 2021 December 31, 2020 $112 $143 March 31, 2021 December 31, 2020 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. Consumer 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. Other loans included in this category include loans to states and political subdivisions. The following tables provide a summary of loan classes and an aging of past due loans as of March 31, 2021 December 31, 2020 March 31, 2021 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 $ 46 $ — $ — $ 46 $ 25,674 $ 25,720 $ 269 $ — Secured by 1-4 family residential 905 — 24 929 235,941 236,870 430 — Other real estate loans — 129 4,403 4,532 244,332 248,864 4,567 — Commercial and industrial 59 — — 59 117,486 117,545 1,548 — Consumer and other loans 31 24 — 55 9,148 9,203 — — Total $ 1,041 $ 153 $ 4,427 $ 5,621 $ 632,581 $ 638,202 $ 6,814 $ — December 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 $ 47 $ 20 $ — $ 67 $ 27,261 $ 27,328 $ 276 $ — Secured by 1-4 family residential 657 125 324 1,106 234,708 235,814 449 298 Other real estate loans — 131 133 264 246,619 246,883 4,441 — Commercial and industrial 104 — — 104 109,734 109,838 1,548 — Consumer and other loans 16 21 4 41 10,010 10,051 — 4 Total $ 824 $ 297 $ 461 $ 1,582 $ 628,332 $ 629,914 $ 6,714 $ 302 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, 2021 December 31, 2020 March 31, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 25,298 $ — $ 422 $ — $ 25,720 Secured by 1-4 family residential 236,113 — 757 — 236,870 Other real estate loans 244,297 — 4,567 — 248,864 Commercial and industrial 115,134 — 2,411 — 117,545 Consumer and other loans 9,203 — — — 9,203 Total $ 630,045 $ - $ 8,157 $ — $ 638,202 December 31, 2020 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 26,896 $ — $ 432 $ — $ 27,328 Secured by 1-4 family residential 235,035 — 779 — 235,814 Other real estate loans 242,441 — 4,442 — 246,883 Commercial and industrial 107,383 — 2,455 — 109,838 Consumer and other loans 10,051 — — — 10,051 Total $ 621,806 $ — $ 8,108 $ — $ 629,914

Note 4 - Allowance for Loan Los

Note 4 - Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of March 31, 2021 December 31, 2020 March 31, 2020 March 31, 2021 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, 2020 $ 306 $ 1,022 $ 4,956 $ 784 $ 417 $ 7,485 Charge-offs — — — — (66 ) (66 ) Recoveries — 2 1 2 62 67 Provision for (recovery of) loan losses (16 ) 7 39 46 (76 ) — Ending Balance, March 31, 2021 $ 290 $ 1,031 $ 4,996 $ 832 $ 337 $ 7,486 Ending Balance: Individually evaluated for impairment — — 2,065 123 — 2,188 Collectively evaluated for impairment 290 1,031 2,931 709 337 5,298 Loans: Ending Balance $ 25,720 $ 236,870 $ 248,864 $ 117,545 $ 9,203 $ 638,202 Individually evaluated for impairment 269 430 4,567 1,548 — 6,814 Collectively evaluated for impairment 25,451 236,440 244,297 115,997 9,203 631,388 December 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 — — — (69 ) (715 ) (784 ) Recoveries 2 8 2 18 305 335 Provision for (recovery of) loan losses (160 ) 238 2,658 273 (9 ) 3,000 Ending Balance, December 31, 2020 $ 306 $ 1,022 $ 4,956 $ 784 $ 417 $ 7,485 Ending Balance: Individually evaluated for impairment — — 2,065 158 — 2,223 Collectively evaluated for impairment 306 1,022 2,891 626 417 5,262 Loans: Ending Balance $ 27,328 $ 235,814 $ 246,883 $ 109,838 $ 10,051 $ 629,914 Individually evaluated for impairment 276 449 4,441 1,548 — 6,714 Collectively evaluated for impairment 27,052 235,365 242,442 108,290 10,051 623,200 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 Impaired loans and the related allowance at March 31, 2021 December 31, 2020 March 31, 2020 March 31, 2021 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 $ 323 $ 269 $ — $ 269 $ — $ 273 $ — Secured by 1-4 family 556 430 — 430 — 440 — Other real estate loans 4,619 297 4,270 4,567 2,065 4,443 1 Commercial and industrial 1,639 — 1,548 1,548 123 1,548 — Total $ 7,137 $ 996 $ 5,818 $ 6,814 $ 2,188 $ 6,704 $ 1 December 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 $ 325 $ 276 $ — $ 276 $ — $ 344 $ — Secured by 1-4 family 568 449 — 449 — 517 1 Other real estate loans 4,492 171 4,270 4,441 2,065 2,623 109 Commercial and industrial 1,582 — 1,548 1,548 158 393 77 Total $ 6,967 $ 896 $ 5,818 $ 6,714 $ 2,223 $ 3,877 $ 187 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 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, 2021 $6.0 March 31, 2021 none $6.0 December 31, 2020 none may no three March 31, 2021 2020 In response to the COVID- 19 first 2020, 90 March 31, 2021 no not During the fourth 2020, 19 6 24 March 31, 2021 $14.3 not For the three March 31, 2021 2020 no twelve ninety twelve

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned (OREO)	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. The Bank did not three March 31, 2021 December 31, 2020 no March 31, 2021 December 31, 2020 not March 31, 2021 The Bank did not three March 31, 2021 December 31, 2020

Note 6 - Other Borrowings

Note 6 - Other Borrowings	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Other Borrowings [Text Block]	Note 6. The Company had an unsecured line of credit totaling $5.0 March 31, 2021 no March 31, 2021 0.25%, 3.50%, March 28, 2026. The Bank had unused lines of credit totaling $239.0 $237.7 March 31, 2021 December 31, 2020 19% $162.5 March 31, 2021 March 31, 2021 December 31, 2020 $222.1 $221.1 $573 $818 not March 31, 2021 December 31, 2020

Note 7 - Capital Requirements

Note 7 - Capital Requirements	3 Months Ended
	Mar. 31, 2021
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, 2021 December 31, 2020 As of March 31, 2021 no A comparison of the capital of the Bank at March 31, 2021 December 31, 2020 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio March 31, 2021 Total Capital (to Risk-Weighted Assets) $ 94,044 16.05 % $ 46,883 8.00 % $ 58,604 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 86,717 14.80 % $ 35,162 6.00 % $ 46,883 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 86,717 14.80 % $ 26,372 4.50 % $ 38,093 6.50 % Tier 1 Capital (to Average Assets) $ 86,717 8.78 % $ 39,502 4.00 % $ 49,377 5.00 % December 31, 2020 Total Capital (to Risk-Weighted Assets) $ 91,243 15.82 % $ 46,129 8.00 % $ 57,661 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 84,032 14.57 % $ 34,597 6.00 % $ 46,129 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 84,032 14.57 % $ 25,948 4.50 % $ 37,480 6.50 % Tier 1 Capital (to Average Assets) $ 84,032 8.80 % $ 38,187 4.00 % $ 47,733 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, 2021 December 31, 2020 March 31, 2021 December 31, 2020 8.05% 7.82%,

Note 8 - Subordinated Debt

Note 8 - Subordinated Debt	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 8. On October 30, 2015, 2025 $5.0 6.75% March 31, 2021 December 31, 2020 October 1, 2025. may January 1, 2021 may not On June 29, 2020, 2030 $5.0 5.50% July 1, 2025, three 510 $8 $9 March 31, 2021 December 31, 2020 July 1, 2030. may July 1, 2025 may not Both of the notes are unsecured, subordinated obligations of the Company and they rank junior in right of payment to the Company's existing and future senior indebtedness and to the Company's obligations to its general creditors. The notes rank equally with all other unsecured subordinated debt, except any which by its terms is expressly stated to be subordinated to the notes. The notes rank senior to all current and future junior subordinated debt obligations, preferred stock, and common stock of the Company. The notes are not not

Note 9 - Junior Subordinated De

Note 9 - Junior Subordinated Debt	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9. On June 8, 2004, June 17, 2004, $5.0 March 31, 2021 December 31, 2020 2.78% 2.83%, June 17, 2034, September 17, 2009. $5.2 On July 24, 2006, July 31, 2006, $4.0 March 31, 2021 December 31, 2020 1.84% 1.83%, October 1, 2036, October 1, 2011. $4.1

Note 10 - Benefit Plans

Note 10 - Benefit Plans	3 Months Ended
	Mar. 31, 2021
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, 2021 2020 $253 $249 On March 15, 2019, three 180 $66 three March 31, 2021 2020 See Note 13 10 December 31, 2020

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share	3 Months Ended
	Mar. 31, 2021
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, 2021 2020 Three Months Ended March 31, 2021 March 31, 2020 (Numerator): Net income $ 2,436 $ 1,705 (Denominator): Weighted average shares outstanding – basic 4,863,823 4,950,887 Potentially dilutive common shares – restricted stock units 8,274 5,083 Weighted average shares outstanding – diluted 4,872,097 4,955,970 Income per common share Basic $ 0.50 $ 0.34 Diluted $ 0.50 $ 0.34 Restricted stock units for 4,811 59 not three March 31, 2021 2020

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2021
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 Derivative asset/liability - cash flow hedges Cash flow hedges are recorded at fair value on a recurring basis. The fair value of the Company's cash flow hedges is determined by a third 2 The following tables present the balances of assets and liabilities measured at fair value on a recurring basis as of March 31, 2021 December 31, 2020 Fair Value Measurements at March 31, 2021 Description Balance as of March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Securities available for sale U.S. agency and mortgage-backed securities $ 109,339 $ — $ 109,339 $ — Obligations of states and political subdivisions 50,403 — 50,403 — Total securities available for sale $ 159,742 $ — $ 159,742 $ — Derivatives - cash flow hedges 1,365 — 1,365 — Total assets $ 161,107 $ — $ 161,107 $ — Fair Value Measurements at December 31, 2020 Description Balance as of December 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Securities available for sale U.S. agency and mortgage-backed securities $ 101,598 $ — $ 101,598 $ — Obligations of states and political subdivisions 38,627 — 38,627 — Total securities available for sale $ 140,225 $ — $ 140,225 $ — Derivatives - cash flow hedges 431 — 431 — Total assets $ 140,656 $ — $ 140,656 $ — 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, 2021 December 31, 2020 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, 2021 Description Balance as of March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 3,630 $ — $ — $ 3,630 Fair Value Measurements at December 31, 2020 Description Balance as of December 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 $ 3,595 $ — $ — $ 3,595 Quantitative information about Level 3 Fair Value Measurements for March 31, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 2,205 Property appraisals Selling cost 10.00 % Impaired loans, net 1,425 Present value of cash flows Discount rate 6.50 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2020 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 2,205 Property appraisals Selling cost 10.00 % Impaired loans, net 1,390 Present value of cash flows Discount rate 6.50 % ( 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, 2021 December 31, 2020 Fair Value Measurements at March 31, 2021 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 $ 176,262 $ 176,262 $ — $ — $ 176,262 Securities available for sale 159,742 — 159,742 — 159,742 Securities held to maturity 13,424 — 12,252 1,591 13,843 Restricted securities 1,631 — 1,631 — 1,631 Loans, net 630,716 — — 639,217 639,217 Bank owned life insurance 18,029 — 18,029 — 18,029 Accrued interest receivable 2,609 — 2,609 — 2,609 Derivatives - cash flow hedges 1,365 — 1,365 — 1,365 Financial Liabilities Deposits $ 916,057 $ — $ 818,292 $ 98,396 $ 916,688 Subordinated debt 9,992 — — 10,955 10,955 Junior subordinated debt 9,279 — — 10,662 10,662 Accrued interest payable 177 — 177 — 177 Fair Value Measurements at December 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 $ 127,297 $ 127,297 $ — $ — $ 127,297 Securities available for sale 140,225 — 140,225 — 140,225 Securities held to maturity 14,234 — 13,138 1,605 14,743 Restricted securities 1,875 — 1,875 — 1,875 Loans held for sale 245 — 245 — 245 Loans, net 622,429 — — 633,638 633,638 Bank owned life insurance 17,916 — 17,916 — 17,916 Accrued interest receivable 2,717 — 2,717 — 2,717 Derivatives - cash flow hedges 431 — 431 — 431 Financial Liabilities Deposits $ 842,461 $ — $ 742,264 $ 101,154 $ 843,418 Subordinated debt 9,991 — — 10,304 10,304 Junior subordinated debt 9,279 — — 10,364 10,364 Accrued interest payable 134 — 134 — 134 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, 2021
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, 2021 2020 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 2021 13,094 2,026 4,040 two one 7,028 five fifth not A summary of the activity for the Company's restricted stock units for the period indicated is presented in the following table: Three Months Ended March 31, 2021 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 15,858 $ 20.40 Granted 13,094 17.40 Vested (8,073 ) 19.84 Forfeited — — Unvested, end of period 20,879 $ 18.73 At March 31, 2021 $331 2026. three March 31, 2021 2020 $74 $132

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2021
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 Change in Fair Value of Cash Flow Hedges Accumulated Other Comprehensive Income (Loss) 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 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ($ 432 (1,625 ) — (1,625 ) Reclassification adjustment (net of tax, ($ 8 (29 ) — (29 ) Change in fair value (net of tax, $ 196 — 738 738 Change during period (1,654 ) 738 (916 ) Balance at March 31, 2021 $ 1,404 $ 1,078 $ 2,482 The following table presents information related to reclassifications from accumulated other comprehensive income (loss) for the three March 31, 2021 2020 Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income Three Months Ended March 31, 2021 March 31, 2020 Securities available for sale: Net securities gains reclassified into earnings $ (37 ) $ — Net gains on securities available for sale Related income tax expense 8 — Income tax expense Total reclassifications $ (29 ) $ — Net of tax

Note 15 - Revenue Recognition

Note 15 - Revenue Recognition	3 Months Ended
	Mar. 31, 2021
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, 2021 2020 Three Months Ended March 31, 2021 March 31, 2020 Noninterest Income Service charges on deposit accounts $ 442 $ 681 ATM and check card fees 601 519 Wealth management fees 643 525 Fees for other customer services 286 207 Noninterest income (in-scope of Topic 606) $ 1,972 $ 1,932 Noninterest income (out-of-scope of Topic 606) 171 167 Total noninterest income $ 2,143 $ 2,099

Note 16 - Derivative Financial

Note 16 - Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 16. 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 variable rate debt into fixed rate debt. Alternatively, the Company may no March 31, 2021 June 2034 October 2036. not not All interest rate swaps were entered into with counterparties that met the Company's credit standards and the agreements contain collateral provisions protecting the at-risk party. The Company believes that the credit risk inherent in these derivative contracts is not Unrealized gains or losses recorded in other comprehensive (loss) income related to cash flow hedges are reclassified into earnings in the same period(s) during which the hedged interest payments affect earnings. When a designated hedging instrument is terminated and the hedged interest payments remain probable of occurring, any remaining unrecognized gain or loss in other comprehensive (loss) income is reclassified into earnings in the period(s) during which the forecasted interest payments affect earnings. Amounts reclassified into earnings and interest receivable or payable under designated interest rate swaps are reported in interest expense. The Company does not twelve The following table summarizes key elements of the Company's derivative instruments at March 31, 2021 March 31, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 1,365 $ — $ — ( 1 Collateral pledged may

Note 17 - Acquisition

Note 17 - Acquisition	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 17. On February 18, 2021, $31.6 February 17, 2021). not March 31, 2021. third 2021, six March 31, 2021, $272.1 $197.8 $239.7 In connection with the transaction, the Company expects to pay cash consideration of $6.7 1.3 805, Business Combinations

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Business Combinations Policy [Policy Text Block]	Business Combination On February 18, 2021, $31.6 17.
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Pronouncements In December 2019, No. 2019 12, 740 2019 12 740 2019 12 January 1, 2021. not In January 2020, No. 2020 01, 321 323 815 321, 323, 815” 2020 01 2016 01 2020 01 January 1, 2021. not In October 2020, No. 2020 08, 310 20, 2020 08 310 20 35 33 2020 08 January 1, 2021. not In December 2020, 2021 541 first 19 19 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 March 2020, No. 2020 04, 848 2020 04 March 12, 2020 December 31, 2022. January 2021, No. 2021 01 848 2021 01 848 848 may 2021 01 March 12, 2020, January 7, 2021, may 2021 01 March 12, 2020, March 12, 2020. 2020 04 In August 2020, No. 2020 06, 470 20 815 40 2020 06 no December 15, 2021, December 15, 2023, not 2020 06

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 107,951 $ 2,183 $ (795 ) $ 109,339 Obligations of states and political subdivisions 50,015 831 (443 ) 50,403 Total securities available for sale $ 157,966 $ 3,014 $ (1,238 ) $ 159,742 Securities held to maturity: U.S. agency and mortgage-backed securities $ 8,781 $ 212 $ — $ 8,993 Obligations of states and political subdivisions 3,143 116 — 3,259 Corporate debt securities 1,500 91 — 1,591 Total securities held to maturity $ 13,424 $ 419 $ — $ 13,843 Total securities $ 171,390 $ 3,433 $ (1,238 ) $ 173,585 December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. agency and mortgage-backed securities $ 98,848 $ 2,830 $ (80 ) $ 101,598 Obligations of states and political subdivisions 37,507 1,122 (2 ) 38,627 Total securities available for sale $ 136,355 $ 3,952 $ (82 ) $ 140,225 Securities held to maturity: U.S. agency and mortgage-backed securities $ 9,588 $ 264 $ — $ 9,852 Obligations of states and political subdivisions 3,146 140 — 3,286 Corporate debt securities 1,500 105 — 1,605 Total securities held to maturity $ 14,234 $ 509 $ — $ 14,743 Total securities $ 150,589 $ 4,461 $ (82 ) $ 154,968
Schedule of Temporary Impairment Losses, Investments [Table Text Block]	March 31, 2021 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 $ 37,512 $ (795 ) $ — $ — $ 37,512 $ (795 ) Obligations of states and political subdivisions 21,599 (443 ) — — 21,599 (443 ) Total securities available for sale $ 59,111 $ (1,238 ) $ — $ — $ 59,111 $ (1,238 ) December 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 $ 17,367 $ (80 ) $ — $ — $ 17,367 $ (80 ) Obligations of states and political subdivisions 1,020 (2 ) — — 1,020 (2 ) Total securities available for sale $ 18,387 $ (82 ) $ — $ — $ 18,387 $ (82 )
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 $ 2,345 $ 2,378 $ 391 $ 392 Due after one year through five years 8,892 9,192 6,040 6,251 Due after five years through ten years 44,696 45,378 2,107 2,176 Due after ten years 102,033 102,794 4,886 5,024 $ 157,966 $ 159,742 $ 13,424 $ 13,843
Marketable Securities [Table Text Block]	March 31, 2021 December 31, 2020 Federal Home Loan Bank stock $ 573 $ 818 Federal Reserve Bank stock 981 980 Community Bankers' Bank stock 77 77 $ 1,631 $ 1,875

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2021 December 31, 2020 Real estate loans: Construction and land development $ 25,720 $ 27,328 Secured by 1-4 family residential 236,870 235,814 Other real estate loans 248,864 246,883 Commercial and industrial loans 117,545 109,838 Consumer and other loans 9,203 10,051 Total loans $ 638,202 $ 629,914 Allowance for loan losses (7,486 ) (7,485 ) Loans, net $ 630,716 $ 622,429
Financing Receivable, Past Due [Table Text Block]	March 31, 2021 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 $ 46 $ — $ — $ 46 $ 25,674 $ 25,720 $ 269 $ — Secured by 1-4 family residential 905 — 24 929 235,941 236,870 430 — Other real estate loans — 129 4,403 4,532 244,332 248,864 4,567 — Commercial and industrial 59 — — 59 117,486 117,545 1,548 — Consumer and other loans 31 24 — 55 9,148 9,203 — — Total $ 1,041 $ 153 $ 4,427 $ 5,621 $ 632,581 $ 638,202 $ 6,814 $ — December 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 $ 47 $ 20 $ — $ 67 $ 27,261 $ 27,328 $ 276 $ — Secured by 1-4 family residential 657 125 324 1,106 234,708 235,814 449 298 Other real estate loans — 131 133 264 246,619 246,883 4,441 — Commercial and industrial 104 — — 104 109,734 109,838 1,548 — Consumer and other loans 16 21 4 41 10,010 10,051 — 4 Total $ 824 $ 297 $ 461 $ 1,582 $ 628,332 $ 629,914 $ 6,714 $ 302
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 25,298 $ — $ 422 $ — $ 25,720 Secured by 1-4 family residential 236,113 — 757 — 236,870 Other real estate loans 244,297 — 4,567 — 248,864 Commercial and industrial 115,134 — 2,411 — 117,545 Consumer and other loans 9,203 — — — 9,203 Total $ 630,045 $ - $ 8,157 $ — $ 638,202 December 31, 2020 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 26,896 $ — $ 432 $ — $ 27,328 Secured by 1-4 family residential 235,035 — 779 — 235,814 Other real estate loans 242,441 — 4,442 — 246,883 Commercial and industrial 107,383 — 2,455 — 109,838 Consumer and other loans 10,051 — — — 10,051 Total $ 621,806 $ — $ 8,108 $ — $ 629,914

Note 4 - Allowance for Loan L_2

Note 4 - Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	March 31, 2021 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, 2020 $ 306 $ 1,022 $ 4,956 $ 784 $ 417 $ 7,485 Charge-offs — — — — (66 ) (66 ) Recoveries — 2 1 2 62 67 Provision for (recovery of) loan losses (16 ) 7 39 46 (76 ) — Ending Balance, March 31, 2021 $ 290 $ 1,031 $ 4,996 $ 832 $ 337 $ 7,486 Ending Balance: Individually evaluated for impairment — — 2,065 123 — 2,188 Collectively evaluated for impairment 290 1,031 2,931 709 337 5,298 Loans: Ending Balance $ 25,720 $ 236,870 $ 248,864 $ 117,545 $ 9,203 $ 638,202 Individually evaluated for impairment 269 430 4,567 1,548 — 6,814 Collectively evaluated for impairment 25,451 236,440 244,297 115,997 9,203 631,388 December 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 — — — (69 ) (715 ) (784 ) Recoveries 2 8 2 18 305 335 Provision for (recovery of) loan losses (160 ) 238 2,658 273 (9 ) 3,000 Ending Balance, December 31, 2020 $ 306 $ 1,022 $ 4,956 $ 784 $ 417 $ 7,485 Ending Balance: Individually evaluated for impairment — — 2,065 158 — 2,223 Collectively evaluated for impairment 306 1,022 2,891 626 417 5,262 Loans: Ending Balance $ 27,328 $ 235,814 $ 246,883 $ 109,838 $ 10,051 $ 629,914 Individually evaluated for impairment 276 449 4,441 1,548 — 6,714 Collectively evaluated for impairment 27,052 235,365 242,442 108,290 10,051 623,200 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
Impaired Financing Receivables [Table Text Block]	March 31, 2021 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 $ 323 $ 269 $ — $ 269 $ — $ 273 $ — Secured by 1-4 family 556 430 — 430 — 440 — Other real estate loans 4,619 297 4,270 4,567 2,065 4,443 1 Commercial and industrial 1,639 — 1,548 1,548 123 1,548 — Total $ 7,137 $ 996 $ 5,818 $ 6,814 $ 2,188 $ 6,704 $ 1 December 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 $ 325 $ 276 $ — $ 276 $ — $ 344 $ — Secured by 1-4 family 568 449 — 449 — 517 1 Other real estate loans 4,492 171 4,270 4,441 2,065 2,623 109 Commercial and industrial 1,582 — 1,548 1,548 158 393 77 Total $ 6,967 $ 896 $ 5,818 $ 6,714 $ 2,223 $ 3,877 $ 187 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

Note 7 - Capital Requirements (

Note 7 - Capital Requirements (Tables)	3 Months Ended
	Mar. 31, 2021
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, 2021 Total Capital (to Risk-Weighted Assets) $ 94,044 16.05 % $ 46,883 8.00 % $ 58,604 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 86,717 14.80 % $ 35,162 6.00 % $ 46,883 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 86,717 14.80 % $ 26,372 4.50 % $ 38,093 6.50 % Tier 1 Capital (to Average Assets) $ 86,717 8.78 % $ 39,502 4.00 % $ 49,377 5.00 % December 31, 2020 Total Capital (to Risk-Weighted Assets) $ 91,243 15.82 % $ 46,129 8.00 % $ 57,661 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 84,032 14.57 % $ 34,597 6.00 % $ 46,129 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 84,032 14.57 % $ 25,948 4.50 % $ 37,480 6.50 % Tier 1 Capital (to Average Assets) $ 84,032 8.80 % $ 38,187 4.00 % $ 47,733 5.00 %

Note 11 - Earnings Per Common_2

Note 11 - Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2021 March 31, 2020 (Numerator): Net income $ 2,436 $ 1,705 (Denominator): Weighted average shares outstanding – basic 4,863,823 4,950,887 Potentially dilutive common shares – restricted stock units 8,274 5,083 Weighted average shares outstanding – diluted 4,872,097 4,955,970 Income per common share Basic $ 0.50 $ 0.34 Diluted $ 0.50 $ 0.34

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at March 31, 2021 Description Balance as of March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Securities available for sale U.S. agency and mortgage-backed securities $ 109,339 $ — $ 109,339 $ — Obligations of states and political subdivisions 50,403 — 50,403 — Total securities available for sale $ 159,742 $ — $ 159,742 $ — Derivatives - cash flow hedges 1,365 — 1,365 — Total assets $ 161,107 $ — $ 161,107 $ — Fair Value Measurements at December 31, 2020 Description Balance as of December 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Securities available for sale U.S. agency and mortgage-backed securities $ 101,598 $ — $ 101,598 $ — Obligations of states and political subdivisions 38,627 — 38,627 — Total securities available for sale $ 140,225 $ — $ 140,225 $ — Derivatives - cash flow hedges 431 — 431 — Total assets $ 140,656 $ — $ 140,656 $ —
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at March 31, 2021 Description Balance as of March 31, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Impaired loans, net $ 3,630 $ — $ — $ 3,630 Fair Value Measurements at December 31, 2020 Description Balance as of December 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 $ 3,595 $ — $ — $ 3,595
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Quantitative information about Level 3 Fair Value Measurements for March 31, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 2,205 Property appraisals Selling cost 10.00 % Impaired loans, net 1,425 Present value of cash flows Discount rate 6.50 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2020 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 2,205 Property appraisals Selling cost 10.00 % Impaired loans, net 1,390 Present value of cash flows Discount rate 6.50 %
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at March 31, 2021 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 $ 176,262 $ 176,262 $ — $ — $ 176,262 Securities available for sale 159,742 — 159,742 — 159,742 Securities held to maturity 13,424 — 12,252 1,591 13,843 Restricted securities 1,631 — 1,631 — 1,631 Loans, net 630,716 — — 639,217 639,217 Bank owned life insurance 18,029 — 18,029 — 18,029 Accrued interest receivable 2,609 — 2,609 — 2,609 Derivatives - cash flow hedges 1,365 — 1,365 — 1,365 Financial Liabilities Deposits $ 916,057 $ — $ 818,292 $ 98,396 $ 916,688 Subordinated debt 9,992 — — 10,955 10,955 Junior subordinated debt 9,279 — — 10,662 10,662 Accrued interest payable 177 — 177 — 177 Fair Value Measurements at December 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 $ 127,297 $ 127,297 $ — $ — $ 127,297 Securities available for sale 140,225 — 140,225 — 140,225 Securities held to maturity 14,234 — 13,138 1,605 14,743 Restricted securities 1,875 — 1,875 — 1,875 Loans held for sale 245 — 245 — 245 Loans, net 622,429 — — 633,638 633,638 Bank owned life insurance 17,916 — 17,916 — 17,916 Accrued interest receivable 2,717 — 2,717 — 2,717 Derivatives - cash flow hedges 431 — 431 — 431 Financial Liabilities Deposits $ 842,461 $ — $ 742,264 $ 101,154 $ 843,418 Subordinated debt 9,991 — — 10,304 10,304 Junior subordinated debt 9,279 — — 10,364 10,364 Accrued interest payable 134 — 134 — 134

Note 13 - Stock Compensation _2

Note 13 - Stock Compensation Plans (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Three Months Ended March 31, 2021 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 15,858 $ 20.40 Granted 13,094 17.40 Vested (8,073 ) 19.84 Forfeited — — Unvested, end of period 20,879 $ 18.73

Note 14 - Accumulated Other C_2

Note 14 - Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Net Unrealized Gains (Losses) on Securities Change in Fair Value of Cash Flow Hedges Accumulated Other Comprehensive Income (Loss) 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 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ($ 432 (1,625 ) — (1,625 ) Reclassification adjustment (net of tax, ($ 8 (29 ) — (29 ) Change in fair value (net of tax, $ 196 — 738 738 Change during period (1,654 ) 738 (916 ) Balance at March 31, 2021 $ 1,404 $ 1,078 $ 2,482
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income Three Months Ended March 31, 2021 March 31, 2020 Securities available for sale: Net securities gains reclassified into earnings $ (37 ) $ — Net gains on securities available for sale Related income tax expense 8 — Income tax expense Total reclassifications $ (29 ) $ — Net of tax

Note 15 - Revenue Recognition (

Note 15 - Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 31, 2021 March 31, 2020 Noninterest Income Service charges on deposit accounts $ 442 $ 681 ATM and check card fees 601 519 Wealth management fees 643 525 Fees for other customer services 286 207 Noninterest income (in-scope of Topic 606) $ 1,972 $ 1,932 Noninterest income (out-of-scope of Topic 606) 171 167 Total noninterest income $ 2,143 $ 2,099

Note 16 - Derivative Financia_2

Note 16 - Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	March 31, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 1,365 $ — $ —

Note 1 - General (Details Textu

Note 1 - General (Details Textual) - USD ($) $ in Thousands	Feb. 18, 2021	Jun. 30, 2020	Dec. 31, 2020		Mar. 31, 2021	Sep. 30, 2020
Financing Receivable, Deferred Payments					$ 0
Financing Receivable, Modifications, Interest Only Payments					14,300
Loans and Leases Receivable, Net Amount, Total			$ 622,429	[1]	630,716
The Bank of Fincastle [Member]
Business Combination, Consideration Transferred, Total	$ 31,600
SBA CARES Act Paycheck Protection Program [Member]
Financing Receivable, Loans Originated, Amount					19,800	$ 76,600
Loans and Leases Receivable, Deferred Income, Total						2,500
Financing Receivable, Unamortized Loan Fee (Cost)					51	$ 535
Financing Receivable, Percentage of PPP Loans Maturing in 24 Months						99.00%
Loans and Leases Receivable, Net Amount, Total					46,500
Loan Fees Receivable from SBA					1,100
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications, Interest Only Payments					14,300
Commercial Real Estate Portfolio Segment [Member] | Lodging Sector [Member]
Financing Receivable, Modifications, Interest Only Payments					12,800
Commercial Real Estate Portfolio Segment [Member] | Leisure Sector [Member]
Financing Receivable, Modifications, Interest Only Payments					$ 1,500
Minimum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)			180 days
Maximum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)			2 years
Subordinated Debt [Member]
Proceeds from Issuance of Debt		$ 5,000
[1]	Derived from audited consolidated financial statements.

Note 2 - Securities (Details Te

Note 2 - Securities (Details Textual) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Weighted Average Re-pricing Term (Year)	4 years 182 days	3 years 182 days
Proceeds from Sale of Held-to-maturity Securities	$ 0
Other Assets [Member]
Equity Securities without Readily Determinable Fair Value, Amount	$ 454	$ 529
US Agency and Mortgage-backed Securities [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	20	7
Available-for-Sale Securities, Number of Securities	101	101
Municipal Bonds [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	23	1
Available-for-Sale Securities, Number of Securities	96	84

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Amortized cost, available for sale securities	$ 157,966	$ 136,355
Gross unrealized gains, available for sale securities	3,014	3,952
Gross unrealized losses, available for sale securities	(1,238)	(82)
Fair value, available for sale securities	159,742	140,225	[1]
Amortized cost, held to maturity securities	13,424	14,234	[1]
Gross unrealized gains, held to maturity securities	419	509
Gross unrealized losses, held to maturity securities
Fair value, held to maturity securities	13,843	14,743	[2]
Amortized cost, total securities	171,390	150,589
Gross unrealized gains, total securities	3,433	4,461
Gross unrealized losses, total securities	(1,238)	(82)
Total securities	173,585	154,968
US Agency and Mortgage-backed Securities [Member]
Amortized cost, available for sale securities	107,951	98,848
Gross unrealized gains, available for sale securities	2,183	2,830
Gross unrealized losses, available for sale securities	(795)	(80)
Fair value, available for sale securities	109,339	101,598
Amortized cost, held to maturity securities	8,781	9,588
Gross unrealized gains, held to maturity securities	212	264
Gross unrealized losses, held to maturity securities
Fair value, held to maturity securities	8,993	9,852
Municipal Bonds [Member]
Amortized cost, available for sale securities	50,015	37,507
Gross unrealized gains, available for sale securities	831	1,122
Gross unrealized losses, available for sale securities	(443)	(2)
Fair value, available for sale securities	50,403	38,627
Amortized cost, held to maturity securities	3,143	3,146
Gross unrealized gains, held to maturity securities	116	140
Gross unrealized losses, held to maturity securities
Fair value, held to maturity securities	3,259	3,286
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities	1,500	1,500
Gross unrealized gains, held to maturity securities	91	105
Gross unrealized losses, held to maturity securities
Fair value, held to maturity securities	$ 1,591	$ 1,605
[1]	Derived from audited consolidated financial statements.
[2]	Derived from audited consolidated financial statements.

Note 2 - Securities - Investmen

Note 2 - Securities - Investments in an Unrealized Loss Position That Were Temporarily Impaired (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Mar. 31, 2020
Less than 12 months, fair value, available for sale securities	$ 59,111	$ 18,387
Less than 12 months, unrealized (loss), available for sale securities	(1,238)	(82)
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	59,111	18,387
Total, unrealized (loss), available for sale securities	(1,238)	(82)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	37,512	17,367
Less than 12 months, unrealized (loss), available for sale securities	(795)	(80)
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	37,512	17,367
Total, unrealized (loss), available for sale securities	(795)	(80)
Municipal Bonds [Member]
Less than 12 months, fair value, available for sale securities	21,599	1,020
Less than 12 months, unrealized (loss), available for sale securities	(443)	(2)
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	21,599	1,020
Total, unrealized (loss), available for sale securities	$ (443)	$ (2)

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Due within one year, amortized cost, available for sale securities	$ 2,345
Due within one year, fair value, available for sale securities	2,378
Due within one year, amortized cost, held to maturity securities	391
Due within one year, fair value, held to maturity securities	392
Due after one year through five years, amortized cost, available for sale securities	8,892
Due after one year through five years, fair value, available for sale securities	9,192
Due after one year through five years, amortized cost, held to maturity securities	6,040
Due after one year through five years, fair value, held to maturity securities	6,251
Due after five years through ten years, amortized cost, available for sale securities	44,696
Due after five years through ten years, fair value, available for sale securities	45,378
Due after five years through ten years, amortized cost, held to maturity securities	2,107
Due after five years through ten years, fair value, held to maturity securities	2,176
Due after ten years, amortized cost, available for sale securities	102,033
Due after ten years, fair value, available for sale securities	102,794
Due after ten years, amortized cost, held to maturity securities	4,886
Due after ten years, fair value, held to maturity securities	5,024
Amortized cost, available for sale securities	157,966	$ 136,355
Fair value, available for sale securities	159,742	140,225	[1]
Amortized cost, held to maturity securities	13,424
Securities, fair value	$ 13,843	$ 14,743	[2]
[1]	Derived from audited consolidated financial statements.
[2]	Derived from audited consolidated financial statements.

Note 2 - Securities - Compositi

Note 2 - Securities - Composition of Restricted Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Federal Home Loan Bank stock	$ 573	$ 818
Federal Reserve Bank stock	981	980
Community Bankers’ Bank stock	77	77
Total restricted securities	$ 1,631	$ 1,875	[1]
[1]	Derived from audited consolidated financial statements.

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 2,000	$ 1,600
Loans and Leases Receivable, Gross, Total	638,202	629,914	$ 581,867
Consumer and Other Loans [Member]
Loans and Leases Receivable, Gross, Total	9,203	10,051	$ 13,726
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Loans and Leases Receivable, Gross, Total	$ 112	$ 143

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020		Mar. 31, 2020	Dec. 31, 2019
Loans	$ 638,202	$ 629,914		$ 581,867
Allowance for loan losses	(7,486)	(7,485)	[1]	(5,584)	$ (4,934)
Loans, net	630,716	622,429	[2]
Commercial and Industrial Loans [Member]
Loans	117,545	109,838		55,508
Allowance for loan losses	(832)	(784)		(711)	(562)
Consumer and Other Loans [Member]
Loans	9,203	10,051		13,726
Allowance for loan losses	(337)	(417)		(692)	(836)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	25,720	27,328		40,279
Allowance for loan losses	(290)	(306)		(461)	(464)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	236,870	235,814		230,980
Allowance for loan losses	(1,031)	(1,022)		(1,076)	(776)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	248,864	246,883		241,374
Allowance for loan losses	$ (4,996)	(4,956)		$ (2,644)	$ (2,296)
Consumer and Other Loans [Member] | Consumer and Other Loans [Member]
Loans		$ 10,051
[1]	Derived from audited consolidated financial statements.
[2]	Derived from audited consolidated financial statements.

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, 2021	Dec. 31, 2020	Mar. 31, 2020
Total past due	$ 5,621	$ 1,582
Current	632,581	628,332
Loans	638,202	629,914	$ 581,867
Non-accrual loans	6,814	6,714
Accruing loans past due 90 days or more amounted		302
Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	1,041	824
Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	153	297
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	4,427	461
Real Estate 1 [Member] | Construction and Land Development [Member]
Total past due	46	67
Current	25,674	27,261
Loans	25,720	27,328	40,279
Non-accrual loans	269	276
Accruing loans past due 90 days or more amounted
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	46	47
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due		20
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Total past due	929	1,106
Current	235,941	234,708
Loans	236,870	235,814	230,980
Non-accrual loans	430	449
Accruing loans past due 90 days or more amounted		298
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	905	657
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due		125
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	24	324
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Total past due	4,532	264
Current	244,332	246,619
Loans	248,864	246,883	241,374
Non-accrual loans	4,567	4,441
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
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	129	131
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due	4,403	133
Commercial and Industrial Loans [Member]
Total past due	59	104
Current	117,486	109,734
Loans	117,545	109,838	55,508
Non-accrual loans	1,548	1,548
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	59	104
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due
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	55	41
Current	9,148	10,010
Loans	9,203	10,051	$ 13,726
Non-accrual loans
Accruing loans past due 90 days or more amounted		4
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Total past due	31	16
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Total past due	24	21
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Total past due		$ 4

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, 2021	Dec. 31, 2020	Mar. 31, 2020
Loans	$ 638,202	$ 629,914	$ 581,867
Pass [Member]
Loans	630,045	621,806
Special Mention [Member]
Loans
Substandard [Member]
Loans	8,157	8,108
Doubtful [Member]
Loans
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	25,720	27,328	40,279
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans	25,298	26,896
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	422	432
Real Estate 1 [Member] | Construction and Land Development [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	236,870	235,814	230,980
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans	236,113	235,035
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Special Mention [Member]
Loans
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Substandard [Member]
Loans	757	779
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Doubtful [Member]
Loans
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	248,864	246,883	241,374
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans	244,297	242,441
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Special Mention [Member]
Loans
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Substandard [Member]
Loans	4,567	4,442
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans
Commercial and Industrial Loans [Member]
Loans	117,545	109,838	55,508
Commercial and Industrial Loans [Member] | Pass [Member]
Loans	115,134	107,383
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	2,411	2,455
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans
Consumer and Other Loans [Member]
Loans	9,203	10,051	$ 13,726
Consumer and Other Loans [Member] | Pass [Member]
Loans	9,203	10,051
Consumer and Other Loans [Member] | Special Mention [Member]
Loans
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) xbrli-pure in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2020USD ($)
Financing Receivable, Troubled Debt Restructuring	$ 6,000	$ 6,000
Financing Receivable, Modifications, Number of Contracts	0		0
Financing Receivable, Deferred Payments	$ 0
Financing Receivable, Modifications, Interest Only Payments	14,300
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	0		$ 0
Minimum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)		180 days
Maximum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)		2 years
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, 2021		Mar. 31, 2020	Dec. 31, 2020
Beginning balance	$ 7,485	[1]	$ 4,934	$ 4,934
Charge-offs	(66)		(328)	(784)
Recoveries	67		78	335
Provision for (recovery of) loan losses			900	3,000
Ending balance	7,486		5,584	7,485	[1]
Individually evaluated for impairment, allowance	2,188		11	2,223
Collectively evaluated for impairment, allowance	5,298		5,573	5,262
Loans	638,202		581,867	629,914
Individually evaluated for impairment, loans	6,814		1,522	6,714
Collectively evaluated for impairment, loans	631,388		580,345	623,200
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	306		464	464
Charge-offs
Recoveries				2
Provision for (recovery of) loan losses	(16)		(3)	(160)
Ending balance	290		461	306
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	290		461	306
Loans	25,720		40,279	27,328
Individually evaluated for impairment, loans	269		400	276
Collectively evaluated for impairment, loans	25,451		39,879	27,052
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	1,022		776	776
Charge-offs
Recoveries	2		2	8
Provision for (recovery of) loan losses	7		298	238
Ending balance	1,031		1,076	1,022
Individually evaluated for impairment, allowance			11
Collectively evaluated for impairment, allowance	1,031		1,065	1,022
Loans	236,870		230,980	235,814
Individually evaluated for impairment, loans	430		667	449
Collectively evaluated for impairment, loans	236,440		230,313	235,365
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Beginning balance	4,956		2,296	2,296
Charge-offs
Recoveries	1		1	2
Provision for (recovery of) loan losses	39		347	2,658
Ending balance	4,996		2,644	4,956
Individually evaluated for impairment, allowance	2,065			2,065
Collectively evaluated for impairment, allowance	2,931		2,644	2,891
Loans	248,864		241,374	246,883
Individually evaluated for impairment, loans	4,567		455	4,441
Collectively evaluated for impairment, loans	244,297		240,919	242,442
Commercial and Industrial Loans [Member]
Beginning balance	784		562	562
Charge-offs			(68)	(69)
Recoveries	2		2	18
Provision for (recovery of) loan losses	46		215	273
Ending balance	832		711	784
Individually evaluated for impairment, allowance	123			158
Collectively evaluated for impairment, allowance	709		711	626
Loans	117,545		55,508	109,838
Individually evaluated for impairment, loans	1,548			1,548
Collectively evaluated for impairment, loans	115,997		55,508	108,290
Consumer and Other Loans [Member]
Beginning balance	417		836	836
Charge-offs	(66)		(260)	(715)
Recoveries	62		73	305
Provision for (recovery of) loan losses	(76)		43	(9)
Ending balance	337		692	417
Individually evaluated for impairment, allowance
Collectively evaluated for impairment, allowance	337		692	417
Loans	9,203		13,726	10,051
Individually evaluated for impairment, loans
Collectively evaluated for impairment, loans	$ 9,203		$ 13,726	$ 10,051
[1]	Derived from audited consolidated financial statements.

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, 2021	Mar. 31, 2020	Dec. 31, 2020
Impaired loans, unpaid principal balance	$ 7,137	$ 1,714	$ 6,967
Impaired loans, recorded investment with no allowance	996	1,299	896
Impaired loans, recorded investment with allowance	5,818	223	5,818
Impaired loans, total recorded investment	6,814	1,522	6,714
Impaired loans, related allowance	2,188	11	2,223
Impaired loans, average recorded investment	6,704	1,438	3,877
Impaired loans, interest income recognized	1	1	187
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance	323	439	325
Impaired loans, recorded investment with no allowance	269	400	276
Impaired loans, recorded investment with allowance
Impaired loans, total recorded investment	269	400	276
Impaired loans, related allowance
Impaired loans, average recorded investment	273	367	344
Impaired loans, interest income recognized
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Impaired loans, unpaid principal balance	556	770	568
Impaired loans, recorded investment with no allowance	430	444	449
Impaired loans, recorded investment with allowance		223
Impaired loans, total recorded investment	430	667	449
Impaired loans, related allowance		11
Impaired loans, average recorded investment	440	613	517
Impaired loans, interest income recognized		1	1
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	4,619	505	4,492
Impaired loans, recorded investment with no allowance	297	455	171
Impaired loans, recorded investment with allowance	4,270		4,270
Impaired loans, total recorded investment	4,567	455	4,441
Impaired loans, related allowance	2,065		2,065
Impaired loans, average recorded investment	4,443	458	2,623
Impaired loans, interest income recognized	1		109
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance	1,639		1,582
Impaired loans, recorded investment with no allowance
Impaired loans, recorded investment with allowance	1,548		1,548
Impaired loans, total recorded investment	1,548		1,548
Impaired loans, related allowance	123		158
Impaired loans, average recorded investment	1,548		393
Impaired loans, interest income recognized			$ 77

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, 2021	Dec. 31, 2020
Mortgage Loans in Process of Foreclosure, Amount	$ 0
Other Real Estate Owned, Expenses	0	$ 0
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, 2021	Dec. 31, 2020
Line of Credit Facility, Remaining Borrowing Capacity	$ 239,000	$ 237,700
Percentage of Assets, Maximum Borrowing Capacity from FHLB	19.00%
Loans Pledged as Collateral	$ 222,100	221,100
Federal Home Loan Bank Stock	573	818
Advances from Federal Home Loan Banks, Total	0	$ 0
FHLB Loans [Member]
Line of Credit Facility, Remaining Borrowing Capacity	162,500
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, 2021	Dec. 31, 2020
Capital Conservation Buffer, Percentage	2.50%	2.50%
Capital Conservation Buffer Percentage, Maintained at Bank	8.05%	7.82%

Note 7 - Regulatory Matters - C

Note 7 - Regulatory Matters - Comparison of Capital of Company and Bank with Minimum Regulatory Guidelines (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Total Capital (to Risk-Weighted Assets), actual amount	$ 94,044	$ 91,243
Total Capital (to Risk-Weighted Assets), actual ratio	0.1605	0.1582
Total Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 46,883	$ 46,129
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	$ 58,604	$ 57,661
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	$ 86,717	$ 84,032
Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.148	0.1457
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 35,162	$ 34,597
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	$ 46,883	$ 46,129
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	$ 86,717	$ 84,032
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.148	0.1457
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 26,372	$ 25,948
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	$ 38,093	$ 37,480
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	$ 86,717	$ 84,032
Tier 1 Capital (to Average Assets), actual ratio	0.0878	0.088
Tier 1 Capital (to Average Assets), minimum capital requirement amount	$ 39,502	$ 38,187
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	$ 49,377	$ 47,733
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) - USD ($) $ in Thousands	Jun. 29, 2020	Mar. 31, 2021	Dec. 31, 2020	Oct. 30, 2015
Subordinated Loan Agreement Note [Member]
Debt Instrument, Face Amount				$ 5,000
Debt Instrument, Interest Rate, Stated Percentage				6.75%
Subordinated Term Note Due 2030 [Member]
Debt Instrument, Face Amount	$ 5,000
Debt Instrument, Interest Rate, Stated Percentage	5.50%
Debt Issuance Costs, Net, Total		$ 8	$ 9
Subordinated Term Note Due 2030 [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate	5.10%

Note 9 - Junior Subordinated _2

Note 9 - Junior Subordinated Debt (Details Textual) - USD ($) $ in Millions	Jul. 31, 2006	Jun. 17, 2004	Mar. 31, 2021	Dec. 31, 2020
First National (VA) Statutory Trust II [Member]
Proceeds from Issuance of Trust Preferred Securities		$ 5
Debt Instrument, Interest Rate, Effective Percentage			2.78%	2.83%
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			1.84%	1.83%
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust, Total			$ 4.1

Note 10 - Benefit Plans (Detail

Note 10 - Benefit Plans (Details Textual) $ in Thousands	Mar. 15, 2019	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)
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, Service Hours Required by Eligible Employees to Receive Additional Contributions		1,000
Defined Contribution Plan, Minimum Age for Eligibility (Year)		19 years
Defined Contribution Plan, Employer Matching Contribution, Vesting Period (Year)		2 years
The 401(k) Plan [Member]
Defined Contribution Plan, Cost		$ 253	$ 249
Supplemental Employee Retirement Plan [Member]
Defined Contribution Plan, Cost		$ 66	$ 66
Defined Contribution Plan, Number of Employees	3
Defined Contribution Plan, Retirement Benefits Payable, Number of Monthly Payments	180
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 (Details Textual) - shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	4,811	59

Note 11 - Earnings Per Common_4

Note 11 - Earnings Per Common Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 2,436	$ 1,705
Weighted average shares outstanding – basic (in shares)	4,863,823	4,950,887
Potentially dilutive common shares – restricted stock units (in shares)	8,274	5,083
Weighted average shares outstanding – diluted (in shares)	4,872,097	4,955,970
Basic (in dollars per share)	$ 0.50	$ 0.34
Diluted (in dollars per share)	$ 0.50	$ 0.34

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
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, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 159,742	$ 140,225	[1]
Fair Value, Recurring [Member]
Fair value, available for sale securities	159,742	140,225
Derivatives - cash flow hedges	1,365	431
Assets, Fair Value	161,107	140,656
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities
Derivatives - cash flow hedges
Assets, Fair Value
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	159,742	140,225
Derivatives - cash flow hedges	1,365	431
Assets, Fair Value	161,107	140,656
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
Derivatives - cash flow hedges
Assets, Fair Value
US Agency and Mortgage-backed Securities [Member]
Fair value, available for sale securities	109,339	101,598
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	109,339	101,598
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	109,339	101,598
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	50,403	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	50,403	38,627
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	50,403	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities
[1]	Derived from audited consolidated financial statements.

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, 2021	Dec. 31, 2020
Assets, Fair Value	$ 3,630	$ 3,595
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	$ 3,630	$ 3,595

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, 2021USD ($)	Dec. 31, 2020USD ($)
Assets, Fair Value		$ 3,630	$ 3,595
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		$ 3,630	$ 3,595
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Cost to Sell [Member]
Measurement input	[1]	0.1	0.1
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Measurement input	[1]	0.065	0.065
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Property Appraisals [Member]
Assets, Fair Value		$ 2,205	$ 2,205
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Discounted Cash Flow [Member]
Assets, Fair Value		$ 1,425	$ 1,390
[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, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 159,742	$ 140,225	[1]
Securities held to maturity	13,424
Restricted securities	1,631	1,875	[1]
Bank owned life insurance	18,029	17,916	[1]
Reported Value Measurement [Member]
Cash and short-term investments	176,262	127,297
Fair value, available for sale securities	159,742	140,225
Securities held to maturity	13,424	14,234
Restricted securities	1,631	1,875
Loans, net	630,716	622,429
Bank owned life insurance	18,029	17,916
Accrued interest receivable	2,609	2,717
Derivatives - cash flow hedges	1,365	431
Deposits	916,057	842,461
Subordinated debt	9,992	9,991
Junior subordinated debt	9,279	9,279
Accrued interest payable	177	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member]
Cash and short-term investments	176,262	127,297
Fair value, available for sale securities	159,742	140,225
Securities held to maturity	13,843	14,743
Restricted securities	1,631	1,875
Loans, net	639,217	633,638
Bank owned life insurance	18,029	17,916
Accrued interest receivable	2,609	2,717
Derivatives - cash flow hedges	1,365	431
Deposits	916,688	843,418
Subordinated debt	10,955	10,304
Junior subordinated debt	10,662	10,364
Accrued interest payable	177	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and short-term investments	176,262	127,297
Fair value, available for sale securities
Securities held to maturity
Restricted securities
Loans, net
Bank owned life insurance
Accrued interest receivable
Derivatives - cash flow hedges
Deposits
Subordinated debt
Junior subordinated debt
Accrued interest payable
Loans held for sale
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and short-term investments
Fair value, available for sale securities	159,742	140,225
Securities held to maturity	12,252	13,138
Restricted securities	1,631	1,875
Loans, net
Bank owned life insurance	18,029	17,916
Accrued interest receivable	2,609	2,717
Derivatives - cash flow hedges	1,365	431
Deposits	818,292	742,264
Subordinated debt
Junior subordinated debt
Accrued interest payable	177	134
Loans held for sale		245
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	1,591	1,605
Restricted securities
Loans, net	639,217	633,638
Bank owned life insurance
Accrued interest receivable
Derivatives - cash flow hedges
Deposits	98,396	101,154
Subordinated debt	10,955	10,304
Junior subordinated debt	10,662	10,364
Accrued interest payable
Loans held for sale
[1]	Derived from audited consolidated financial statements.

Note 13 - Stock Compensation _3

Note 13 - Stock Compensation Plans (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)shares	Mar. 31, 2020USD ($)	May 13, 2014shares
Board of Directors [Member]
Share-based Payment Arrangement, Expense | $	$ 0	$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Expense | $	$ 74	$ 132
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)	13,094
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $	$ 331
Restricted Stock Units (RSUs) [Member] | Vesting Immediately [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	2,026
Restricted Stock Units (RSUs) [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)	4,040
Restricted Stock Units (RSUs) [Member] | Vesting on Fifth Anniversary of Grant Date [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	7,028
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

Note 13 - Stock Compensation _4

Note 13 - Stock Compensation Plans - Summary of Restricted Stock Unit Activity (Details) - Restricted Stock Units (RSUs) [Member]	3 Months Ended
	Mar. 31, 2021$ / sharesshares
Unvested, beginning of year (in shares) | shares	15,858
Unvested, beginning of year, weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.40
Granted, shares (in shares) | shares	13,094
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.40
Vested, shares (in shares) | shares	(8,073)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.84
Forfeited, shares (in shares) | shares
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares
Unvested, end of period (in shares) | shares	20,879
Unvested, end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 18.73

Note 14 - Accumulated Other C_3

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, 2021		Mar. 31, 2020
Balance	$ 84,916	[1]	$ 77,219
Total other comprehensive income	(916)		2,092
Reclassification adjustment	(29)
Change in fair value of cash flow hedges, net of tax	738
Balance	85,926		78,518
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	3,058		724
Unrealized holding gains, net of tax	(1,625)		2,092
Total other comprehensive income	(1,654)		2,092
Reclassification adjustment	(29)
Change in fair value of cash flow hedges, net of tax
Balance	1,404		2,816
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	340
Unrealized holding gains, net of tax
Total other comprehensive income	738
Reclassification adjustment
Change in fair value of cash flow hedges, net of tax	738
Balance	1,078
AOCI Attributable to Parent [Member]
Balance	3,398		724
Unrealized holding gains, net of tax	(1,625)		2,092
Total other comprehensive income	(916)		2,092
Reclassification adjustment	(29)
Change in fair value of cash flow hedges, net of tax	738
Balance	$ 2,482		$ 2,816
[1]	Derived from audited consolidated financial statements.

Note 14 - Accumulated Other C_4

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, 2021	Mar. 31, 2020
Reclassification adjustment, tax	$ (8)	$ 0
Change in fair value of cash flow hedges, tax	196	0
AOCI Attributable to Parent [Member]
Unrealized holding gains, tax	(432)	$ 556
Reclassification adjustment, tax	8
Change in fair value of cash flow hedges, tax	$ 196

Note 14 - Accumulated Other C_5

Note 14 - Accumulated Other Comprehensive Income (Loss) - Reclassifications from Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Related income tax expense	$ 569	$ 376
Total reclassifications	2,436	1,705
Reclassification out of Accumulated Other Comprehensive Income [Member]
Net securities gains reclassified into earnings	(37)
Related income tax expense	8
Total reclassifications	$ (29)

Note 15 - Revenue Recognition -

Note 15 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Noninterest income	$ 1,972	$ 1,932
Noninterest income (out-of-scope of Topic 606)	171	167
Total noninterest income	2,143	2,099
Service Charges on Deposit Accounts [Member]
Noninterest income	442	681
ATM and Check Card Fees [Member]
Noninterest income	601	519
Wealth Management Fees [Member]
Noninterest income	643	525
Fees for Other Customer Services [Member]
Noninterest income	$ 286	$ 207

Note 16 - Derivative Financia_3

Note 16 - Derivative Financial Instruments (Details Textual) $ 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%

Note 16 - Derivative Financia_4

Note 16 - Derivative Financial Instruments - Derivative Instruments Components (Details) - Interest Rate Swap [Member] - Designated as Hedging Instrument [Member] $ in Thousands	Mar. 31, 2021USD ($)
Notional amount	$ 9,000
Derivative Assets	1,365
Derivative liabilities
Interest rate swap contracts		[1]
[1]	Collateral pledged may be comprised of cash or securities.

Note 17 - Acquisition (Details

Note 17 - Acquisition (Details Textual) $ in Thousands, shares in Millions	Feb. 18, 2021USD ($)	Dec. 31, 2021USD ($)shares	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	[1]
Assets, Total			$ 1,028,130	$ 950,932
Loans and Leases Receivable, Net Amount, Total			630,716	622,429
Deposits, Total			916,057	$ 842,461
The Bank of Fincastle [Member]
Assets, Total			272,100
Loans and Leases Receivable, Net Amount, Total			197,800
Deposits, Total			$ 239,700
The Bank of Fincastle [Member]
Business Combination, Consideration Transferred, Total	$ 31,600
Number of Retail Bank Offices Acquired	6
The Bank of Fincastle [Member] | Forecast [Member]
Payments to Acquire Businesses, Gross		$ 6,700
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares) | shares		1.3
[1]	Derived from audited consolidated financial statements.