First National (FXNC) 10-Q 16 Aug 21 2021 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2021	Aug. 13, 2021
Document Information [Line Items]
Entity Central Index Key	0000719402
Entity Registrant Name	FIRST NATIONAL CORP /VA/
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2021
Document Transition Report	false
Entity File Number	1-38874
Entity Incorporation, State or Country Code	VA
Entity Tax Identification Number	54-1232965
Entity Address, Address Line One	112 West King Street
Entity Address, City or Town	Strasburg
Entity Address, State or Province	VA
Entity Address, Postal Zip Code	22657
City Area Code	540
Local Phone Number	465-9121
Title of 12(b) Security	Common stock, par value $1.25 per share
Trading Symbol	FXNC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		6,218,524

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Assets
Cash and due from banks	$ 13,913	$ 13,115	[1]
Interest-bearing deposits in banks	114,334	114,182	[1]
Securities available for sale, at fair value	222,236	140,225	[1]
Securities held to maturity, at amortized cost (fair value, 2021, $11,163; 2020, $14,743)	10,898	14,234	[1]
Restricted securities, at cost	1,631	1,875	[1]
Loans held for sale	0	245	[1]
Loans, net of allowance for loan losses, 2021, $5,465; 2020, $7,485	611,883	622,429	[1]
Premises and equipment, net	18,876	19,319	[1]
Accrued interest receivable	2,662	2,717	[1]
Bank owned life insurance	18,128	17,916	[1]
Core deposit intangibles, net	0	19	[1]
Other assets	10,032	4,656	[1]
Total assets	1,024,593	950,932	[1]
Liabilities
Noninterest-bearing demand deposits	290,571	263,229	[1]
Savings and interest-bearing demand deposits	528,002	479,035	[1]
Time deposits	95,732	100,197	[1]
Total deposits	914,305	842,461	[1]
Subordinated debt	9,992	9,991	[1]
Junior subordinated debt	9,279	9,279	[1]
Accrued interest payable and other liabilities	2,335	4,285	[1]
Total liabilities	935,911	866,016	[1]
Commitments and contingencies
Shareholders’ Equity
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding	0	0	[1]
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	6,088	6,075	[1]
Surplus	6,295	6,151	[1]
Retained earnings	73,901	69,292	[1]
Accumulated other comprehensive income, net	2,398	3,398	[1]
Total shareholders’ equity	88,682	84,916	[1]
Total liabilities and shareholders’ equity	$ 1,024,593	$ 950,932	[1]
[1]	Derived from audited consolidated financial statements.

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	[1]
Securities, fair value	$ 11,163	$ 14,743
Allowance for loan losses	$ 5,465	$ 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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest and Dividend Income
Interest and fees on loans	$ 7,074	$ 7,416	$ 14,217	$ 14,619
Interest on deposits in banks	37	16	70	134
Interest and dividends on securities:
Taxable interest	697	636	1,414	1,306
Tax-exempt interest	215	151	395	302
Dividends	22	26	44	52
Total interest and dividend income	8,045	8,245	16,140	16,413
Interest Expense
Interest on deposits	328	676	691	1,638
Interest on subordinated debt	154	91	308	181
Interest on junior subordinated debt	68	67	134	157
Total interest expense	550	834	1,133	1,976
Net interest income	7,495	7,411	15,007	14,437
(Recovery of) provision for loan losses	(1,000)	800	(1,000)	1,700
Net interest income after (recovery of) provision for loan losses	8,495	6,611	16,007	12,737
Noninterest Income
Noninterest income	2,093	1,647	4,065	3,579
Income from bank owned life insurance	99	99	212	214
Net gains on securities available for sale	0	0	37	0
Net gains on sale of loans	18	26	25	57
Other operating income	225	1	239	22
Total noninterest income	2,435	1,773	4,578	3,872
Noninterest Expense
Salaries and employee benefits	3,693	3,022	7,248	6,611
Occupancy	399	409	846	811
Equipment	433	418	864	828
Marketing	138	74	244	180
Supplies	77	103	165	192
Legal and professional fees	483	301	1,220	580
ATM and check card expense	268	223	499	468
FDIC assessment	78	60	147	90
Bank franchise tax	172	161	340	314
Data processing expense	216	188	420	372
Amortization expense	5	42	19	94
Other operating expense	668	612	1,268	1,217
Total noninterest expense	6,630	5,613	13,280	11,757
Income before income taxes	4,300	2,771	7,305	4,852
Income tax expense	958	528	1,527	904
Net income	$ 3,342	$ 2,243	$ 5,778	$ 3,948
Earnings per common share
Basic (in dollars per share)	$ 0.69	$ 0.46	$ 1.19	$ 0.81
Diluted (in dollars per share)	$ 0.69	$ 0.46	$ 1.19	$ 0.81
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 447	$ 348	$ 889	$ 1,029
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	682	550	1,283	1,069
Asset Management [Member]
Noninterest Income
Noninterest income	657	512	1,300	1,037
Financial Service, Other [Member]
Noninterest Income
Noninterest income	$ 307	$ 237	$ 593	$ 444

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Net income	$ 3,342	$ 2,243	$ 5,778	$ 3,948
Other comprehensive income (loss), net of tax,
Unrealized holding gains (losses) on available for sale securities, net of tax $78 and $136 for the three months and ($354) and $692 for the six months ended June 30, 2021 and 2020, respectively	292	514	(1,333)	2,606
Reclassification adjustment for gains included in net income, net of tax $0 and $0 for the three months and ($8) and $0 for the six months ended June 30, 2021 and 2020, respectively	0	0	(29)	0
Change in fair value of cash flow hedges, net of tax ($101) and ($6) for the three months and $95 and ($6) for the six months ended June 30, 2021 and 2020, respectively	(376)	(25)	362	(25)
Total other comprehensive (loss) income	(84)	489	(1,000)	2,581
Total comprehensive income	$ 3,258	$ 2,732	$ 4,778	$ 6,529

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Unrealized holding losses on securities transferred from held to maturity to available for sale, tax	$ 78	$ 136	$ (354)	$ 692
Reclassification adjustment for losses included in net income, tax	0	0	(8)	0
Change in fair value of cash flow hedges, tax	$ (101)	$ (6)	$ 95	$ (6)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Cash Flows from Operating Activities
Net income	$ 3,342	$ 2,243	$ 5,778	$ 3,948
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment			642	654
Amortization of core deposit intangibles			19	94
Amortization of debt issuance costs			1	9
Origination of loans held for sale			(1,586)	(3,183)
Proceeds from sale of loans held for sale			1,856	3,237
Net gains on sales of loans held for sale	(18)	(26)	(25)	(57)
(Recovery of) provision for loan losses			(1,000)	1,700	$ 3,000
Net gains on securities available for sale	0	0	(37)	0
Net gains on sale of other real estate owned			(9)	0	0
Increase in cash value of bank owned life insurance			(212)	(214)
Accretion of discounts and amortization of premiums on securities, net			448	334
Accretion of premium on time deposits			(6)	(17)
Stock-based compensation			119	168
Excess tax deficiency (benefit) on stock-based compensation			3	(2)
Gains on disposal of premises and equipment			(26)	(9)
Deferred income tax expense (benefit)			337	(734)
Changes in assets and liabilities:
Decrease (increase) in interest receivable			55	(1,798)
(Increase) in other assets			(4,992)	(195)
(Decrease) increase in accrued interest payable and other liabilities			(1,950)	177
Net cash (used in) provided by operating activities			(585)	4,112
Cash Flows from Investing Activities
Proceeds from maturities, calls, principal payments, and sales of securities available for sale			21,962	13,930
Proceeds from maturities, calls, and principal payments of securities held to maturity			3,288	1,364
Purchase of securities available for sale			(106,060)	(13,124)
Net redemption (purchase) of restricted securities			244	(42)
Purchase of premises and equipment			(205)	(699)
Proceeds from sale of premises and equipment			32	9
Proceeds from sale of other real estate owned			139	0
Net (increase) decrease in loans			11,416	(77,508)
Net cash used in investing activities			(69,184)	(76,070)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts			76,309	135,860
Net decrease in time deposits			(4,459)	(3,270)
Proceeds from subordinated debt, net of issuance costs			0	4,990
Cash dividends paid on common stock, net of reinvestment			(1,092)	(1,010)
Net cash provided by financing activities			70,719	134,452
Increase in cash and cash equivalents			950	62,494
Cash and Cash Equivalents
Beginning			127,297	45,785	45,785
Ending	$ 128,247	$ 108,279	128,247	108,279	127,297
Supplemental Disclosures of Cash Flow Information
Interest			1,168	2,022
Income taxes			1,205	1,082
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized (losses) gains on securities available for sale			(1,724)	3,298
Change in fair value of cash flow hedges			457	(31)
Transfer from loans to other real estate owned			130	0	$ 0
Issuance of common stock, dividend reinvestment plan			77	70
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			$ 0	$ (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											0	0	3,948	0	3,948
Other comprehensive income											0	0	0	2,581	2,581
Cash dividends on common stock											0	0	(1,080)	0	(1,080)
Stock-based compensation											0	168	0	0	168
Issuance of common stock, dividend reinvestment plan											6	64	0	0	70
Balance at Jun. 30, 2020											6,065	5,967	65,451	3,305	80,788
Issuance of common stock, stock incentive plan											11	(11)	0	0	0
Repurchase of common stock	$ (3)	$ (44)	$ 0	$ 0	$ (47)	$ (161)	$ (1,910)	$ 0	$ 0	$ (2,071)
Balance at Mar. 31, 2020											6,062	5,899	63,741	2,816	78,518
Net income											0	0	2,243	0	2,243
Other comprehensive income											0	0	0	489	489
Cash dividends on common stock											0	0	(533)	0	(533)
Stock-based compensation											0	36	0	0	36
Issuance of common stock, dividend reinvestment plan											3	32	0	0	35
Balance at Jun. 30, 2020											6,065	5,967	65,451	3,305	80,788
Balance at Dec. 31, 2020											6,075	6,151	69,292	3,398	84,916	[1]
Net income											0	0	5,778	0	5,778
Other comprehensive income											0	0	0	(1,000)	(1,000)
Cash dividends on common stock											0	0	(1,169)	0	(1,169)
Stock-based compensation											0	119	0	0	119
Issuance of common stock, dividend reinvestment plan											5	72	0	0	77
Balance at Jun. 30, 2021											6,088	6,295	73,901	2,398	88,682
Issuance of common stock, stock incentive plan											10	(10)	0	0	0
Repurchase of common stock	$ (2)	$ (37)	$ 0	$ 0	$ (39)
Balance at Mar. 31, 2021											6,086	6,214	71,144	2,482	85,926
Net income											0	0	3,342	0	3,342
Other comprehensive income											0	0	0	(84)	(84)
Cash dividends on common stock											0	0	(585)	0	(585)
Stock-based compensation											0	45	0	0	45
Issuance of common stock, dividend reinvestment plan											2	36	0	0	38
Balance at Jun. 30, 2021											$ 6,088	$ 6,295	$ 73,901	$ 2,398	$ 88,682
[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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Retained Earnings [Member]
Cash dividends on common stock, per share (in dollars per share)	$ 0.12	$ 0.11	$ 0.24	$ 0.22
Common Stock [Member] | First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock shares (in shares)			2,221	2,223
Common Stock [Member] | Stock Repurchase Plan [Member]
Repurchase of common stock shares (in shares)				129,035
Common Stock [Member]
Issuance of common stock, dividend reinvestment plan, shares (in shares)	1,997	2,495	4,208	4,737
Issuance of common stock, stock incentive plan (in shares)			8,073	8,992

Note 1 - General

Note 1 - General	6 Months Ended
	Jun. 30, 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 June 30, 2021 December 31, 2020 three six June 30, 2021 2020 three six June 30, 2021 2020 three six June 30, 2021 2020 10 December 31, 2020 three six June 30, 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 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. 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, 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 June 30, 2021. August 2020, not During the fourth 2020, first 2021, June 30, 2021. 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, second 2022. . As of June 30, 2021, 2020 Congress revived the PPP (new PPP) as part of the COVID- 19 December 27, 2020. January 2021. first second 2021, first second 2026. June 30, 2021, 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, first 2021, 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 July 1, 2021, 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	6 Months Ended
	Jun. 30, 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 June 30, 2021 December 31, 2020 June 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 19,949 $ 29 $ (32 ) $ 19,946 U.S. agency and mortgage-backed securities 141,497 2,070 (739 ) 142,828 Obligations of states and political subdivisions 58,644 1,051 (233 ) 59,462 Total securities available for sale $ 220,090 $ 3,150 $ (1,004 ) $ 222,236 Securities held to maturity: U.S. agency and mortgage-backed securities $ 7,950 $ 157 $ — $ 8,107 Obligations of states and political subdivisions 2,948 108 — 3,056 Total securities held to maturity $ 10,898 $ 265 $ — $ 11,163 Total securities $ 230,988 $ 3,415 $ (1,004 ) $ 233,399 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 June 30, 2021 December 31, 2020 June 30, 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. Treasury securities $ 9,938 $ (32 ) $ — $ — $ 9,938 $ (32 ) U.S. agency and mortgage-backed securities 59,563 (739 ) — — 59,563 (739 ) Obligations of states and political subdivisions 20,523 (233 ) — — 20,523 (233 ) Total securities available for sale $ 90,024 $ (1,004 ) $ — $ — $ 90,024 $ (1,004 ) 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 June 30, 2021 were twenty-six one hundred twelve twenty one hundred three o was 5.4 years June 30, 2021 December 31, 2020 re seven one hundred one nd one eighty-four December 31, 2020 December 31, 2020 June 30, 2021 not The amortized cost and fair value of securities at June 30, 2021 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 4,720 $ 4,769 $ 2,612 $ 2,630 Due after one year through five years 14,941 15,015 2,124 2,211 Due after five years through ten years 61,798 62,643 1,707 1,756 Due after ten years 138,631 139,809 4,455 4,566 $ 220,090 $ 222,236 $ 10,898 $ 11,163 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 June 30, 2021 The composition of restricted securities at June 30, 2021 December 31, 2020 June 30, 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 investment s were $454 thousand a June 30, 2021 December 31, 2020

Note 3 - Loans

Note 3 - Loans	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020 Real estate loans: Construction and land development $ 25,035 $ 27,328 Secured by 1-4 family residential 235,158 235,814 Other real estate loans 245,455 246,883 Commercial and industrial loans 102,966 109,838 Consumer and other loans 8,734 10,051 Total loans $ 617,348 $ 629,914 Allowance for loan losses (5,465 ) (7,485 ) Loans, net $ 611,883 $ 622,429 Net deferred loan fees included in the above loan categor ies were $1.8 million a June 30, 2021 December 31, 2020 ed $174 thousand June 30, 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 June 30, 2021 December 31, 2020 June 30, 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 $ 24,989 $ 25,035 $ — $ — Secured by 1-4 family residential 267 76 22 365 234,793 235,158 410 — Other real estate loans 122 150 0 272 245,183 245,455 158 — Commercial and industrial 11 — — 11 102,955 102,966 1,534 — Consumer and other loans 16 20 5 41 8,693 8,734 — 5 Total $ 416 $ 292 $ 27 $ 735 $ 616,613 $ 617,348 $ 2,102 $ 5 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 June 30, 2021 December 31, 2020 June 30, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 25,035 $ — $ - $ — $ 25,035 Secured by 1-4 family residential 234,426 — 732 — 235,158 Other real estate loans 245,296 — 159 — 245,455 Commercial and industrial 100,404 1,028 1,534 — 102,966 Consumer and other loans 8,734 — — — 8,734 Total $ 613,895 $ 1,028 $ 2,425 $ — $ 617,348 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	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of June 30, 2021 December 31, 2020 June 30, 2020 June 30, 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 — — (992 ) — (159 ) (1,151 ) Recoveries — 4 1 4 122 131 (Recovery of) provision for loan losses (32 ) (11 ) (893 ) (30 ) (34 ) (1,000 ) Ending Balance, June 30, 2021 $ 274 $ 1,015 $ 3,072 $ 758 $ 346 $ 5,465 Ending Balance: Individually evaluated for impairment — — — 78 — 78 Collectively evaluated for impairment 273 1,015 3,072 680 347 5,387 Loans: Ending Balance $ 25,035 $ 235,158 $ 245,455 $ 102,966 $ 8,734 $ 617,348 Individually evaluated for impairment — 410 158 1,534 — 2,102 Collectively evaluated for impairment 25,035 234,748 245,297 101,432 8,734 615,246 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 June 30, 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 ) (435 ) (504 ) Recoveries — 4 1 7 154 166 Provision for (recovery of) loan losses (68 ) 543 936 283 6 1,700 Ending Balance, June 30, 2020 $ 396 $ 1,323 $ 3,233 $ 783 $ 561 $ 6,296 Ending Balance: Individually evaluated for impairment — 5 23 — — 28 Collectively evaluated for impairment 396 1,318 3,210 783 561 6,268 Loans: Ending Balance $ 31,981 $ 234,188 $ 248,495 $ 124,706 $ 12,146 $ 651,516 Individually evaluated for impairment 400 497 4,896 — — 5,793 Collectively evaluated for impairment 31,581 233,691 243,599 124,706 12,146 645,723 Impaired loans and the related allowance at June 30, 2021 December 31, 2020 June 30, 2020 June 30, 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 $ - $ — $ — $ - $ — $ 273 $ — Secured by 1-4 family 544 410 — 410 — 429 — Other real estate loans 169 158 — 158 — 4,447 1 Commercial and industrial 1,653 — 1,534 1,534 78 1,548 — Total $ 2,366 $ 568 $ 1,534 $ 2,102 $ 78 $ 6,697 $ 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 June 30, 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 $ — $ 383 $ — Secured by 1-4 family 595 280 217 497 5 563 1 Other real estate loans 4,948 583 4,313 4,896 23 574 127 Total $ 5,982 $ 1,263 $ 4,530 $ 5,793 $ 28 $ 1,520 $ 128 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 June 30, 2021 June 30, 2021 none December 31, 2020 none may three June 30, 2021 2020 In response to the COVID- 19 first 2020, 90 June 30, 2021 not During the fourth 2020, terms of certain loans for customers that continued to be negatively impacted by the COVID- 19 June 30, 2021 , loans that were modified totaled $14.6 million. These lo not For the six June 30, 2021 2020 no twelve ninety twelve

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned (OREO)	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. Changes in the balance for OREO during the six June 30, 2021 and the year ended December 31, 2020 are as follows (in thousands): Six Months Ended Year Ended June 30, 2021 December 31, 2020 Balance at the beginning of year, gross $ — $ — Transfers in 130 — Sales proceeds (139 ) — Gain on disposition 9 — Balance at the end of period, gross $ — $ — Less: valuation allowance — — Balance at the end of period, net $ — $ — There were no June 30, 2021 and December 31, 2020 . The Bank did not June 30, 2021 . Net expenses applicable to OREO, other than the provision for losses, were $9 thousand for the six June 30, 2021. not for the six June 30, 2020. not for the year ended December 31, 2020.

Note 6 - Other Borrowings

Note 6 - Other Borrowings	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Other Borrowings [Text Block]	Note 6. The Company had an unsecured line of credit totaling $5.0 million with a non-affiliated bank at June 30, 2021 . There were no borrowings outstanding on the line of credit at June 30, 2021 . The interest rate on the line of credit floats at Wall Street Journal Prime Rate plus 0.25%, with a floor of 3.50%, and matures on March 28, 2026. The Bank had unused lines of credit totaling $268.3 million and $237.7 million available with non-affiliated banks at June 30, 2021 and December 31, 2020 , respectively. These amounts primarily consist of a blanket floating lien agreement with the Federal Home Loan Bank of Atlanta (FHLB) in which the Bank can borrow up to 19% of its total assets. The unused line of credit with FHLB totaled $192.9 million at June 30, 2021 . The Bank had collateral pledged on the borrowing line at June 30, 2021 and December 31, 2020 including real estate loans totaling $258.4 million and $221.1 million, respectively, and Federal Home Loan Bank stock with a book value of $573 thousand and $818 thousand, respectively. The Bank did not June 30, 2021 and December 31, 2020 .

Note 7 - Capital Requirements

Note 7 - Capital Requirements	6 Months Ended
	Jun. 30, 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 June 30, 2021 December 31, 2020 As of June 30, 2021 no A comparison of the capital of the Bank at June 30, 2021 December 31, 2020 Actual Minimum Capital Requirement Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio June 30, 2021 Total Capital (to Risk-Weighted Assets) $ 95,856 16.25 % $ 47,189 8.00 % $ 58,986 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 90,391 15.32 % $ 35,391 6.00 % $ 47,189 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 90,391 15.32 % $ 26,544 4.50 % $ 38,341 6.50 % Tier 1 Capital (to Average Assets) $ 90,391 8.78 % $ 41,193 4.00 % $ 51,492 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% at June 30, 2021 December 31, 2020 June 30, 2021 December 31, 2020

Note 8 - Subordinated Debt

Note 8 - Subordinated Debt	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 8. On October 30, 2015, 2025 June 30, 2021 December 31, 2020 October 1, 2025. may January 1, 2021 may not On June 29, 2020, 2030 July 1, 2025, three o the note were $8 thousand and $9 June 30, 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	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9. On June 8, 2004, June 17, 2004, June 30, 2021 December 31, 2020 s 2.72% and June 17, 2034, September 17, 2009. On July 24, 2006, July 31, 2006, June 30, 2021 December 31, 2020 1.74% a October 1, 2036, October 1, 2011.

Note 10 - Benefit Plans

Note 10 - Benefit Plans	6 Months Ended
	Jun. 30, 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 six June 30, 2021 2020 Plan amounted to $457 thousand a On March 15, 2019, three nse totaled $131 thousand f six June 30, 2021 2020 See Note 13 10 December 31, 2020

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share	6 Months Ended
	Jun. 30, 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 six June 30, 2021 2020 Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 (Numerator): Net income $ 3,342 $ 2,243 $ 5,778 $ 3,948 (Denominator): Weighted average shares outstanding – basic 4,868,901 4,849,719 4,866,376 4,900,303 Potentially dilutive common shares – restricted stock units 4,385 — 6,330 2,542 Weighted average shares outstanding – diluted 4,873,286 4,849,719 4,872,706 4,902,845 Income per common share Basic $ 0.69 $ 0.46 $ 1.19 $ 0.81 Diluted $ 0.69 $ 0.46 $ 1.19 $ 0.81 Restricted stock units for 15,858 shares of common stock were not three June 30, 2020 three June 30, 2021 six June 30, 2021 2020.

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	6 Months Ended
	Jun. 30, 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 measured at fair value on a recurring basis as of June 30, 2021 December 31, 2020 no June 30, 2021 December 31, 2020. Fair Value Measurements at June 30, 2021 Description Balance as of June 30, 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. Treasury securities $ 19,946 $ — $ 19,946 $ — U.S. agency and mortgage-backed securities 142,828 — 142,828 — Obligations of states and political subdivisions 59,462 — 59,462 — Total securities available for sale $ 222,236 $ — $ 222,236 $ — Derivatives - cash flow hedges 888 — 888 — Total assets $ 223,124 $ — $ 223,124 $ — 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 six June 30, 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 June 30, 2021 Description Balance as of June 30, 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 $ 1,456 $ — $ — $ 1,456 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 June 30, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 1,456 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 June 30, 2021 December 31, 2020 Fair Value Measurements at June 30, 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 $ 128,247 $ 128,247 $ — $ — $ 128,247 Securities available for sale 222,236 — 222,236 — 222,236 Securities held to maturity 10,898 — 11,163 — 11,163 Restricted securities 1,631 — 1,631 — 1,631 Loans, net 611,883 — — 620,501 620,501 Bank owned life insurance 18,128 — 18,128 — 18,128 Accrued interest receivable 2,662 — 2,662 — 2,662 Derivatives - cash flow hedges 888 — 888 — 888 Financial Liabilities Deposits $ 914,305 $ — $ 818,573 $ 96,324 $ 914,897 Subordinated debt 9,992 — — 10,892 10,892 Junior subordinated debt 9,279 — — 10,912 10,912 Accrued interest payable 105 — 105 — 105 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	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 13. On May 13, 2014, 2014 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 rd. The Company did not six June 30, 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 restricted stock units were granted to employees, with 2,026 units vesting immediately, 4,040 units subject to a two one 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: Six Months Ended June 30, 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 June 30, 2021 e-tax compensation expense related to unvested restricted stock unit awards was $286 thousand. This expense is expected to be recognized through 2026. six June 30, 2021 2020 totaled $119 thousand and $168 thousand, res

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 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 March 31, 2020 $ 2,816 $ — $ 2,816 Unrealized holding gains (net of tax, $136 514 — 514 Change in fair value (net of tax, ($6) — (25 ) (25 ) Change during period 514 (25 ) 489 Balance at June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Balance at March 31, 2021 $ 1,404 $ 1,078 $ 2,482 Unrealized holding gains (net of tax, $78 292 — 292 Reclassification adjustment (net of tax, ($0) — — — Change in fair value (net of tax, ($100) — (376 ) (376 ) Change during period 292 (376 ) (84 ) Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398 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, $692 2,606 — 2,606 Change in fair value (net of tax, ($6) — (25 ) (25 ) Change during period 2,606 (25 ) 2,581 Balance at June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ( $354) (1,333 ) — (1,333 ) Reclassification adjustment (net of tax, ($8) (29 ) — (29 ) Change in fair value (net of tax, $ 96 — 362 362 Change during period (1,362 ) 362 (1,000 ) Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398 The following table presents information related to reclassifications from accumulated other comprehensive income (loss) for the three six June 30, 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 June 30, 2021 June 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ — $ — Net gains on securities available for sale Related income tax expense — — Income tax expense Total reclassifications $ — $ — Net of tax Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income Six Months Ended June 30, 2021 June 30, 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	6 Months Ended
	Jun. 30, 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 six June 30, 2021 2020 Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Noninterest Income Service charges on deposit accounts $ 447 $ 348 $ 889 $ 1,029 ATM and check card fees 682 550 1,283 1,069 Wealth management fees 657 512 1,300 1,037 Fees for other customer services 307 237 593 444 Noninterest income (in-scope of Topic 606) $ 2,093 $ 1,647 $ 4,065 $ 3,579 Noninterest income (out-of-scope of Topic 606) 342 126 513 293 Total noninterest income $ 2,435 $ 1,773 $ 4,578 $ 3,872

Note 16 - Derivative Financial

Note 16 - Derivative Financial Instruments	6 Months Ended
	Jun. 30, 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. June 17, 2034. three October 1, 2036, April 1, 2020. October 1, 2036. 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 June 30, 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 June 30, 2021 June 30, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 888 $ — $ — ( 1 Collateral pledged may

Note 17 - Acquisition

Note 17 - Acquisition	6 Months Ended
	Jun. 30, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 17. On July 1, 2021, six October 2021. June 30, 2021, three six June 30, 2021, second 2021. The financial position and results of operations of Fincastle are not June 30, 2021. 805, Business Combinations

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Business Combinations Policy [Policy Text Block]	Business Combination On July 1, 2021, 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	June 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 19,949 $ 29 $ (32 ) $ 19,946 U.S. agency and mortgage-backed securities 141,497 2,070 (739 ) 142,828 Obligations of states and political subdivisions 58,644 1,051 (233 ) 59,462 Total securities available for sale $ 220,090 $ 3,150 $ (1,004 ) $ 222,236 Securities held to maturity: U.S. agency and mortgage-backed securities $ 7,950 $ 157 $ — $ 8,107 Obligations of states and political subdivisions 2,948 108 — 3,056 Total securities held to maturity $ 10,898 $ 265 $ — $ 11,163 Total securities $ 230,988 $ 3,415 $ (1,004 ) $ 233,399 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]	June 30, 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. Treasury securities $ 9,938 $ (32 ) $ — $ — $ 9,938 $ (32 ) U.S. agency and mortgage-backed securities 59,563 (739 ) — — 59,563 (739 ) Obligations of states and political subdivisions 20,523 (233 ) — — 20,523 (233 ) Total securities available for sale $ 90,024 $ (1,004 ) $ — $ — $ 90,024 $ (1,004 ) 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 $ 4,720 $ 4,769 $ 2,612 $ 2,630 Due after one year through five years 14,941 15,015 2,124 2,211 Due after five years through ten years 61,798 62,643 1,707 1,756 Due after ten years 138,631 139,809 4,455 4,566 $ 220,090 $ 222,236 $ 10,898 $ 11,163
Marketable Securities [Table Text Block]	June 30, 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2021 December 31, 2020 Real estate loans: Construction and land development $ 25,035 $ 27,328 Secured by 1-4 family residential 235,158 235,814 Other real estate loans 245,455 246,883 Commercial and industrial loans 102,966 109,838 Consumer and other loans 8,734 10,051 Total loans $ 617,348 $ 629,914 Allowance for loan losses (5,465 ) (7,485 ) Loans, net $ 611,883 $ 622,429
Financing Receivable, Past Due [Table Text Block]	June 30, 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 $ 24,989 $ 25,035 $ — $ — Secured by 1-4 family residential 267 76 22 365 234,793 235,158 410 — Other real estate loans 122 150 0 272 245,183 245,455 158 — Commercial and industrial 11 — — 11 102,955 102,966 1,534 — Consumer and other loans 16 20 5 41 8,693 8,734 — 5 Total $ 416 $ 292 $ 27 $ 735 $ 616,613 $ 617,348 $ 2,102 $ 5 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]	June 30, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 25,035 $ — $ - $ — $ 25,035 Secured by 1-4 family residential 234,426 — 732 — 235,158 Other real estate loans 245,296 — 159 — 245,455 Commercial and industrial 100,404 1,028 1,534 — 102,966 Consumer and other loans 8,734 — — — 8,734 Total $ 613,895 $ 1,028 $ 2,425 $ — $ 617,348 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	June 30, 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 — — (992 ) — (159 ) (1,151 ) Recoveries — 4 1 4 122 131 (Recovery of) provision for loan losses (32 ) (11 ) (893 ) (30 ) (34 ) (1,000 ) Ending Balance, June 30, 2021 $ 274 $ 1,015 $ 3,072 $ 758 $ 346 $ 5,465 Ending Balance: Individually evaluated for impairment — — — 78 — 78 Collectively evaluated for impairment 273 1,015 3,072 680 347 5,387 Loans: Ending Balance $ 25,035 $ 235,158 $ 245,455 $ 102,966 $ 8,734 $ 617,348 Individually evaluated for impairment — 410 158 1,534 — 2,102 Collectively evaluated for impairment 25,035 234,748 245,297 101,432 8,734 615,246 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 June 30, 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 ) (435 ) (504 ) Recoveries — 4 1 7 154 166 Provision for (recovery of) loan losses (68 ) 543 936 283 6 1,700 Ending Balance, June 30, 2020 $ 396 $ 1,323 $ 3,233 $ 783 $ 561 $ 6,296 Ending Balance: Individually evaluated for impairment — 5 23 — — 28 Collectively evaluated for impairment 396 1,318 3,210 783 561 6,268 Loans: Ending Balance $ 31,981 $ 234,188 $ 248,495 $ 124,706 $ 12,146 $ 651,516 Individually evaluated for impairment 400 497 4,896 — — 5,793 Collectively evaluated for impairment 31,581 233,691 243,599 124,706 12,146 645,723
Impaired Financing Receivables [Table Text Block]	June 30, 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 $ - $ — $ — $ - $ — $ 273 $ — Secured by 1-4 family 544 410 — 410 — 429 — Other real estate loans 169 158 — 158 — 4,447 1 Commercial and industrial 1,653 — 1,534 1,534 78 1,548 — Total $ 2,366 $ 568 $ 1,534 $ 2,102 $ 78 $ 6,697 $ 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 June 30, 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 $ — $ 383 $ — Secured by 1-4 family 595 280 217 497 5 563 1 Other real estate loans 4,948 583 4,313 4,896 23 574 127 Total $ 5,982 $ 1,263 $ 4,530 $ 5,793 $ 28 $ 1,520 $ 128

Note 5 - Other Real Estate Ow_2

Note 5 - Other Real Estate Owned (OREO) (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Other Real Estate, Roll Forward [Table Text Block]	Six Months Ended Year Ended June 30, 2021 December 31, 2020 Balance at the beginning of year, gross $ — $ — Transfers in 130 — Sales proceeds (139 ) — Gain on disposition 9 — Balance at the end of period, gross $ — $ — Less: valuation allowance — — Balance at the end of period, net $ — $ —

Note 7 - Capital Requirements (

Note 7 - Capital Requirements (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2021 Total Capital (to Risk-Weighted Assets) $ 95,856 16.25 % $ 47,189 8.00 % $ 58,986 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 90,391 15.32 % $ 35,391 6.00 % $ 47,189 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 90,391 15.32 % $ 26,544 4.50 % $ 38,341 6.50 % Tier 1 Capital (to Average Assets) $ 90,391 8.78 % $ 41,193 4.00 % $ 51,492 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 (Numerator): Net income $ 3,342 $ 2,243 $ 5,778 $ 3,948 (Denominator): Weighted average shares outstanding – basic 4,868,901 4,849,719 4,866,376 4,900,303 Potentially dilutive common shares – restricted stock units 4,385 — 6,330 2,542 Weighted average shares outstanding – diluted 4,873,286 4,849,719 4,872,706 4,902,845 Income per common share Basic $ 0.69 $ 0.46 $ 1.19 $ 0.81 Diluted $ 0.69 $ 0.46 $ 1.19 $ 0.81

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at June 30, 2021 Description Balance as of June 30, 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. Treasury securities $ 19,946 $ — $ 19,946 $ — U.S. agency and mortgage-backed securities 142,828 — 142,828 — Obligations of states and political subdivisions 59,462 — 59,462 — Total securities available for sale $ 222,236 $ — $ 222,236 $ — Derivatives - cash flow hedges 888 — 888 — Total assets $ 223,124 $ — $ 223,124 $ — 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 June 30, 2021 Description Balance as of June 30, 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 $ 1,456 $ — $ — $ 1,456 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 June 30, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 1,456 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 June 30, 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 $ 128,247 $ 128,247 $ — $ — $ 128,247 Securities available for sale 222,236 — 222,236 — 222,236 Securities held to maturity 10,898 — 11,163 — 11,163 Restricted securities 1,631 — 1,631 — 1,631 Loans, net 611,883 — — 620,501 620,501 Bank owned life insurance 18,128 — 18,128 — 18,128 Accrued interest receivable 2,662 — 2,662 — 2,662 Derivatives - cash flow hedges 888 — 888 — 888 Financial Liabilities Deposits $ 914,305 $ — $ 818,573 $ 96,324 $ 914,897 Subordinated debt 9,992 — — 10,892 10,892 Junior subordinated debt 9,279 — — 10,912 10,912 Accrued interest payable 105 — 105 — 105 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Six Months Ended June 30, 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)	6 Months Ended
	Jun. 30, 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 March 31, 2020 $ 2,816 $ — $ 2,816 Unrealized holding gains (net of tax, $136 514 — 514 Change in fair value (net of tax, ($6) — (25 ) (25 ) Change during period 514 (25 ) 489 Balance at June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Balance at March 31, 2021 $ 1,404 $ 1,078 $ 2,482 Unrealized holding gains (net of tax, $78 292 — 292 Reclassification adjustment (net of tax, ($0) — — — Change in fair value (net of tax, ($100) — (376 ) (376 ) Change during period 292 (376 ) (84 ) Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398 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, $692 2,606 — 2,606 Change in fair value (net of tax, ($6) — (25 ) (25 ) Change during period 2,606 (25 ) 2,581 Balance at June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ( $354) (1,333 ) — (1,333 ) Reclassification adjustment (net of tax, ($8) (29 ) — (29 ) Change in fair value (net of tax, $ 96 — 362 362 Change during period (1,362 ) 362 (1,000 ) Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398
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 June 30, 2021 June 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ — $ — Net gains on securities available for sale Related income tax expense — — Income tax expense Total reclassifications $ — $ — Net of tax Details About Accumulated Other Comprehensive Income (Loss) Amount Reclassified from Accumulated Other Comprehensive Income (Loss) Affected Line Item in the Consolidated Statements of Income Six Months Ended June 30, 2021 June 30, 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)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Six Months Ended June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020 Noninterest Income Service charges on deposit accounts $ 447 $ 348 $ 889 $ 1,029 ATM and check card fees 682 550 1,283 1,069 Wealth management fees 657 512 1,300 1,037 Fees for other customer services 307 237 593 444 Noninterest income (in-scope of Topic 606) $ 2,093 $ 1,647 $ 4,065 $ 3,579 Noninterest income (out-of-scope of Topic 606) 342 126 513 293 Total noninterest income $ 2,435 $ 1,773 $ 4,578 $ 3,872

Note 16 - Derivative Financia_2

Note 16 - Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2021
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	June 30, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 888 $ — $ —

Note 1 - General (Details Textu

Note 1 - General (Details Textual) - USD ($) $ in Thousands	Jul. 01, 2021	Jun. 30, 2020	Dec. 31, 2020		Jun. 30, 2021	Sep. 30, 2020
Financing Receivable, Deferred Payments					$ 0
Financing Receivable, Modifications, Interest Only Payments					14,600
Loans and Leases Receivable, Net Amount, Total			$ 622,429	[1]	611,883
The Bank of Fincastle [Member] | Subsequent Event [Member]
Business Combination, Consideration Transferred, Total	$ 33,800
SBA CARES Act Paycheck Protection Program [Member]
Financing Receivable, Loans Originated, Amount						$ 76,600
Loans and Leases Receivable, Deferred Income, Total						2,500
Financing Receivable, Unamortized Loan Fee (Cost)						$ 535
Financing Receivable, Percentage of PPP Loans Maturing in 24 Months						99.00%
Loans and Leases Receivable, Net Amount, Total					26,100
New SBA CARES Act Paycheck Protection Program [Member]
Financing Receivable, Loans Originated, Amount					26,200
Financing Receivable, Unamortized Loan Fee (Cost)					65
Loans and Leases Receivable, Net Amount, Total					25,000
Loan Fees Receivable from SBA					1,400
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications, Interest Only Payments					14,600
Commercial Real Estate Portfolio Segment [Member] | Lodging Sector [Member]
Financing Receivable, Modifications, Interest Only Payments					12,900
Commercial Real Estate Portfolio Segment [Member] | Leisure Sector [Member]
Financing Receivable, Modifications, Interest Only Payments					$ 1,700
Minimum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)			6 months
Maximum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)			24 months
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	6 Months Ended	12 Months Ended
	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Weighted Average Re-pricing Term (Year)	5 years 4 months 24 days	3 years 6 months
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	26	7
Available-for-Sale Securities, Number of Securities	112	101
Municipal Bonds [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	20	1
Available-for-Sale Securities, Number of Securities	103	84

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Amortized cost, available for sale securities	$ 220,090	$ 136,355
Gross unrealized gains, available for sale securities	3,150	3,952
Gross unrealized losses, available for sale securities	(1,004)	(82)
Fair value, available for sale securities	222,236	140,225	[1]
Amortized cost, held to maturity securities	10,898	14,234	[1]
Gross unrealized gains, held to maturity securities	265	509
Gross unrealized losses, held to maturity securities	0	0
Fair value, held to maturity securities	11,163	14,743	[1]
Amortized cost, total securities	230,988	150,589
Gross unrealized gains, total securities	3,415	4,461
Gross unrealized losses, total securities	(1,004)	(82)
Total securities	233,399	154,968
US Treasury Securities [Member]
Amortized cost, available for sale securities	19,949
Gross unrealized gains, available for sale securities	29
Gross unrealized losses, available for sale securities	(32)
Fair value, available for sale securities	19,946
US Agency and Mortgage-backed Securities [Member]
Amortized cost, available for sale securities	141,497	98,848
Gross unrealized gains, available for sale securities	2,070	2,830
Gross unrealized losses, available for sale securities	(739)	(80)
Fair value, available for sale securities	142,828	101,598
Amortized cost, held to maturity securities	7,950	9,588
Gross unrealized gains, held to maturity securities	157	264
Gross unrealized losses, held to maturity securities	0	0
Fair value, held to maturity securities	8,107	9,852
Municipal Bonds [Member]
Amortized cost, available for sale securities	58,644	37,507
Gross unrealized gains, available for sale securities	1,051	1,122
Gross unrealized losses, available for sale securities	(233)	(2)
Fair value, available for sale securities	59,462	38,627
Amortized cost, held to maturity securities	2,948	3,146
Gross unrealized gains, held to maturity securities	108	140
Gross unrealized losses, held to maturity securities	0	0
Fair value, held to maturity securities	$ 3,056	3,286
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities		1,500
Gross unrealized gains, held to maturity securities		105
Gross unrealized losses, held to maturity securities		0
Fair value, held to maturity securities		$ 1,605
[1]	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 ($)	Jun. 30, 2021	Dec. 31, 2020
Less than 12 months, fair value, available for sale securities	$ 90,024,000	$ 18,387,000
Less than 12 months, unrealized (loss), available for sale securities	(1,004,000)	(82,000)
12 months or more, fair value, available for sale securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, available for sale securities	90,024,000	18,387,000
Total, unrealized (loss), available for sale securities	(1,004,000)	(82,000)
US Treasury Securities [Member]
Less than 12 months, fair value, available for sale securities	9,938,000
Less than 12 months, unrealized (loss), available for sale securities	(32,000)
12 months or more, fair value, available for sale securities	0
12 months or more, unrealized (loss), available for sale securities	0
Total, fair value, available for sale securities	9,938
Total, unrealized (loss), available for sale securities	(32,000)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	59,563,000	17,367,000
Less than 12 months, unrealized (loss), available for sale securities	(739,000)	(80,000)
12 months or more, fair value, available for sale securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, available for sale securities	59,563,000	17,367,000
Total, unrealized (loss), available for sale securities	(739,000)	(80,000)
Municipal Bonds [Member]
Less than 12 months, fair value, available for sale securities	20,523,000	1,020,000
Less than 12 months, unrealized (loss), available for sale securities	(233,000)	(2,000)
12 months or more, fair value, available for sale securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, available for sale securities	20,523,000	1,020,000
Total, unrealized (loss), available for sale securities	$ (233,000)	$ (2,000)

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Due within one year, amortized cost, available for sale securities	$ 4,720
Due within one year, fair value, available for sale securities	4,769
Due within one year, amortized cost, held to maturity securities	2,612
Due within one year, fair value, held to maturity securities	2,630
Due after one year through five years, amortized cost, available for sale securities	14,941
Due after one year through five years, fair value, available for sale securities	15,015
Due after one year through five years, amortized cost, held to maturity securities	2,124
Due after one year through five years, fair value, held to maturity securities	2,211
Due after five years through ten years, amortized cost, available for sale securities	61,798
Due after five years through ten years, fair value, available for sale securities	62,643
Due after five years through ten years, amortized cost, held to maturity securities	1,707
Due after five years through ten years, fair value, held to maturity securities	1,756
Due after ten years, amortized cost, available for sale securities	138,631
Due after ten years, fair value, available for sale securities	139,809
Due after ten years, amortized cost, held to maturity securities	4,455
Due after ten years, fair value, held to maturity securities	4,566
Amortized cost, available for sale securities	220,090	$ 136,355
Fair value, available for sale securities	222,236	140,225	[1]
Amortized cost, held to maturity securities	10,898
Securities, fair value	$ 11,163	$ 14,743	[1]
[1]	Derived from audited consolidated financial statements.

Note 2 - Securities - Compositi

Note 2 - Securities - Composition of Restricted Securities (Details) - USD ($) $ in Thousands	Jun. 30, 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	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 1,800	$ 1,600
Loans and Leases Receivable, Gross, Total	617,348	629,914	$ 651,516
Consumer and Other Loans [Member]
Loans and Leases Receivable, Gross, Total	8,734	10,051	$ 12,146
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Loans and Leases Receivable, Gross, Total	$ 174	$ 143

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020		Jun. 30, 2020	Dec. 31, 2019
Loans	$ 617,348	$ 629,914		$ 651,516
Allowance for loan losses	(5,465)	(7,485)	[1]	(6,296)	$ (4,934)
Loans, net	611,883	622,429	[1]
Commercial and Industrial Loans [Member]
Loans	102,966	109,838		124,706
Allowance for loan losses	(758)	(784)		(783)	(562)
Consumer and Other Loans [Member]
Loans	8,734	10,051		12,146
Allowance for loan losses	(346)	(417)		(561)	(836)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	25,035	27,328		31,981
Allowance for loan losses	(274)	(306)		(396)	(464)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	235,158	235,814		234,188
Allowance for loan losses	(1,015)	(1,022)		(1,323)	(776)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	245,455	246,883		248,495
Allowance for loan losses	$ (3,072)	(4,956)		$ (3,233)	$ (2,296)
Consumer and Other Loans [Member] | Consumer and Other Loans [Member]
Loans		$ 10,051
[1]	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	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Loans	$ 617,348	$ 629,914	$ 651,516
Non-accrual loans	2,102	6,714
Accruing loans past due 90 days or more amounted	5	302
Financial Asset, 30 to 59 Days Past Due [Member]
Loans	416	824
Financial Asset, 60 to 89 Days Past Due [Member]
Loans	292	297
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	27	461
Financial Asset, Past Due [Member]
Loans	735	1,582
Financial Asset, Not Past Due [Member]
Loans	616,613	628,332
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	25,035	27,328	31,981
Non-accrual loans	0	276
Accruing loans past due 90 days or more amounted	0	0
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	0	47
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	46	20
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Past Due [Member]
Loans	46	67
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Not Past Due [Member]
Loans	24,989	27,261
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	235,158	235,814	234,188
Non-accrual loans	410	449
Accruing loans past due 90 days or more amounted	0	298
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	267	657
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	76	125
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	22	324
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Past Due [Member]
Loans	365	1,106
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Not Past Due [Member]
Loans	234,793	234,708
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	245,455	246,883	248,495
Non-accrual loans	158	4,441
Accruing loans past due 90 days or more amounted	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	122	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	150	131
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	133
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Past Due [Member]
Loans	272	264
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	245,183	246,619
Commercial and Industrial Loans [Member]
Loans	102,966	109,838	124,706
Non-accrual loans	1,534	1,548
Accruing loans past due 90 days or more amounted	0	0
Commercial and Industrial Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	11	104
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Commercial and Industrial Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	0
Commercial and Industrial Loans [Member] | Financial Asset, Past Due [Member]
Loans	11	104
Commercial and Industrial Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	102,955	109,734
Consumer and Other Loans [Member]
Loans	8,734	10,051	$ 12,146
Non-accrual loans	0	0
Accruing loans past due 90 days or more amounted	5	4
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	16	16
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	20	21
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	5	4
Consumer and Other Loans [Member] | Financial Asset, Past Due [Member]
Loans	41	41
Consumer and Other Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	$ 8,693	$ 10,010

Note 3 - Loans - Analysis of th

Note 3 - Loans - Analysis of the Credit Risk Profile of Each Loan Class (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Loans	$ 617,348	$ 629,914	$ 651,516
Pass [Member]
Loans	613,895	621,806
Special Mention [Member]
Loans	1,028	0
Substandard [Member]
Loans	2,425	8,108
Doubtful [Member]
Loans	0	0
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	25,035	27,328	31,981
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans	25,035	26,896
Real Estate 1 [Member] | Construction and Land Development [Member] | Special Mention [Member]
Loans	0	0
Real Estate 1 [Member] | Construction and Land Development [Member] | Substandard [Member]
Loans	0	432
Real Estate 1 [Member] | Construction and Land Development [Member] | Doubtful [Member]
Loans	0	0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	235,158	235,814	234,188
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans	234,426	235,035
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Special Mention [Member]
Loans	0	0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Substandard [Member]
Loans	732	779
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Doubtful [Member]
Loans	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	245,455	246,883	248,495
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans	245,296	242,441
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Special Mention [Member]
Loans	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Substandard [Member]
Loans	159	4,442
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans	0	0
Commercial and Industrial Loans [Member]
Loans	102,966	109,838	124,706
Commercial and Industrial Loans [Member] | Pass [Member]
Loans	100,404	107,383
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans	1,028	0
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	1,534	2,455
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans	0	0
Consumer and Other Loans [Member]
Loans	8,734	10,051	$ 12,146
Consumer and Other Loans [Member] | Pass [Member]
Loans	8,734	10,051
Consumer and Other Loans [Member] | Special Mention [Member]
Loans	0	0
Consumer and Other Loans [Member] | Substandard [Member]
Loans	0	0
Consumer and Other Loans [Member] | Doubtful [Member]
Loans	$ 0	$ 0

Note 4 - Allowance for Loan L_3

Note 4 - Allowance for Loan Losses (Details Textual) Pure in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2020USD ($)	Jun. 30, 2020	Jun. 30, 2021USD ($)	Jun. 30, 2020USD ($)
Financing Receivable, Troubled Debt Restructuring	$ 6,000		$ 1,700
Financing Receivable, Modifications, Number of Contracts		0	0
Financing Receivable, Deferred Payments			$ 0
Financing Receivable, Modifications, Interest Only Payments			14,600
Financing Receivable, Troubled Debt Restructuring, Subsequent Default			0	$ 0
Minimum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)	6 months
Maximum [Member]
Financing Receivable, Modifications, Interest Only Payments, Period (Month)	24 months
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	6 Months Ended			12 Months Ended
	Jun. 30, 2021		Jun. 30, 2020	Dec. 31, 2020
Beginning balance	$ 7,485	[1]	$ 4,934	$ 4,934
Charge-offs	(1,151)		(504)	(784)
Recoveries	131		166	335
(Recovery of) provision for loan losses	(1,000)		1,700	3,000
Ending balance	5,465		6,296	7,485	[1]
Individually evaluated for impairment, allowance	78		28	2,223
Collectively evaluated for impairment, allowance	5,387		6,268	5,262
Loans	617,348		651,516	629,914
Individually evaluated for impairment, loans	2,102		5,793	6,714
Collectively evaluated for impairment, loans	615,246		645,723	623,200
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	306		464	464
Charge-offs	0		0	0
Recoveries	0		0	2
(Recovery of) provision for loan losses	(32)		(68)	(160)
Ending balance	274		396	306
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	273		396	306
Loans	25,035		31,981	27,328
Individually evaluated for impairment, loans	0		400	276
Collectively evaluated for impairment, loans	25,035		31,581	27,052
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	1,022		776	776
Charge-offs	0		0	0
Recoveries	4		4	8
(Recovery of) provision for loan losses	(11)		543	238
Ending balance	1,015		1,323	1,022
Individually evaluated for impairment, allowance	0		5	0
Collectively evaluated for impairment, allowance	1,015		1,318	1,022
Loans	235,158		234,188	235,814
Individually evaluated for impairment, loans	410		497	449
Collectively evaluated for impairment, loans	234,748		233,691	235,365
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Beginning balance	4,956		2,296	2,296
Charge-offs	(992)		0	0
Recoveries	1		1	2
(Recovery of) provision for loan losses	(893)		936	2,658
Ending balance	3,072		3,233	4,956
Individually evaluated for impairment, allowance	0		23	2,065
Collectively evaluated for impairment, allowance	3,072		3,210	2,891
Loans	245,455		248,495	246,883
Individually evaluated for impairment, loans	158		4,896	4,441
Collectively evaluated for impairment, loans	245,297		243,599	242,442
Commercial and Industrial Loans [Member]
Beginning balance	784		562	562
Charge-offs	0		(69)	(69)
Recoveries	4		7	18
(Recovery of) provision for loan losses	(30)		283	273
Ending balance	758		783	784
Individually evaluated for impairment, allowance	78		0	158
Collectively evaluated for impairment, allowance	680		783	626
Loans	102,966		124,706	109,838
Individually evaluated for impairment, loans	1,534		0	1,548
Collectively evaluated for impairment, loans	101,432		124,706	108,290
Consumer and Other Loans [Member]
Beginning balance	417		836	836
Charge-offs	(159)		(435)	(715)
Recoveries	122		154	305
(Recovery of) provision for loan losses	(34)		6	(9)
Ending balance	346		561	417
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	347		561	417
Loans	8,734		12,146	10,051
Individually evaluated for impairment, loans	0		0	0
Collectively evaluated for impairment, loans	$ 8,734		$ 12,146	$ 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	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Impaired loans, unpaid principal balance	$ 2,366	$ 5,982	$ 6,967
Impaired loans, recorded investment with no allowance	568	1,263	896
Impaired loans, recorded investment with allowance	1,534	4,530	5,818
Impaired loans, total recorded investment	2,102	5,793	6,714
Impaired loans, related allowance	78	28	2,223
Impaired loans, average recorded investment	6,697	1,520	3,877
Impaired loans, interest income recognized	1	128	187
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance	0	439	325
Impaired loans, recorded investment with no allowance	0	400	276
Impaired loans, recorded investment with allowance	0	0	0
Impaired loans, total recorded investment	0	400	276
Impaired loans, related allowance	0	0	0
Impaired loans, average recorded investment	273	383	344
Impaired loans, interest income recognized	0	0	0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Impaired loans, unpaid principal balance	544	595	568
Impaired loans, recorded investment with no allowance	410	280	449
Impaired loans, recorded investment with allowance	0	217	0
Impaired loans, total recorded investment	410	497	449
Impaired loans, related allowance	0	5	0
Impaired loans, average recorded investment	429	563	517
Impaired loans, interest income recognized	0	1	1
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	169	4,948	4,492
Impaired loans, recorded investment with no allowance	158	583	171
Impaired loans, recorded investment with allowance	0	4,313	4,270
Impaired loans, total recorded investment	158	4,896	4,441
Impaired loans, related allowance	0	23	2,065
Impaired loans, average recorded investment	4,447	574	2,623
Impaired loans, interest income recognized	1	$ 127	109
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance	1,653		1,582
Impaired loans, recorded investment with no allowance	0		0
Impaired loans, recorded investment with allowance	1,534		1,548
Impaired loans, total recorded investment	1,534		1,548
Impaired loans, related allowance	78		158
Impaired loans, average recorded investment	1,548		393
Impaired loans, interest income recognized	$ 0		$ 77

Note 5 - Other Real Estate Ow_3

Note 5 - Other Real Estate Owned (OREO) (Details Textual) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Other Real Estate, Ending Balance	$ 0		$ 0
Other Real Estate Owned, Expenses	9	$ 0	0
Residential Real Estate Properties [Member]
Other Real Estate, Ending Balance	$ 0		$ 0

Note 5 - Other Real Estate Ow_4

Note 5 - Other Real Estate Owned (OREO) - Changes in Balance for OREO (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Balance at the beginning of year, gross	$ 0	$ 0	$ 0
Transfers in	130	0	0
Sales proceeds	(139)		0
Gain on disposition	9	$ 0	0
Balance at the end of period, gross	0		0
Less: valuation allowance	0		0
Balance at the end of period, net	$ 0		$ 0

Note 6 - Other Borrowings (Deta

Note 6 - Other Borrowings (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Line of Credit Facility, Remaining Borrowing Capacity	$ 268,300	$ 237,700
Percentage of Assets, Maximum Borrowing Capacity from FHLB	19.00%
Loans Pledged as Collateral	$ 258,400	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	192,900
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)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Capital Conservation Buffer, Percentage	2.50%	2.50%
Capital Conservation Buffer Percentage, Maintained at Bank	8.25%	7.82%

Note 7 - Capital Requirements -

Note 7 - Capital Requirements - Comparison of Capital of Company and Bank with Minimum Regulatory Guidelines (Details) $ in Thousands	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Total Capital (to Risk-Weighted Assets), actual amount	$ 95,856	$ 91,243
Total Capital (to Risk-Weighted Assets), actual ratio	0.1625	0.1582
Total Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 47,189	$ 46,129
Total Capital (to Risk-Weighted Assets), minimum capital requirement ratio	0.0800	0.0800
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 58,986	$ 57,661
Total Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.1000	0.1000
Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 90,391	$ 84,032
Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1532	0.1457
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 35,391	$ 34,597
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement ratio	0.0600	0.0600
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 47,189	$ 46,129
Tier 1 Capital (to Risk-Weighted Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.0800	0.0800
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual amount	$ 90,391	$ 84,032
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1532	0.1457
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 26,544	$ 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	$ 38,341	$ 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	$ 90,391	$ 84,032
Tier 1 Capital (to Average Assets), actual ratio	0.0878	0.0880
Tier 1 Capital (to Average Assets), minimum capital requirement amount	$ 41,193	$ 38,187
Tier 1 Capital (to Average Assets), minimum capital requirement ratio	0.0400	0.0400
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, amount	$ 51,492	$ 47,733
Tier 1 Capital (to Average Assets), minimum to be well capitalized under prompt corrective action provisions, ratio	0.0500	0.0500

Note 8 - Subordinated Debt (Det

Note 8 - Subordinated Debt (Details Textual) - USD ($) $ in Thousands	Jun. 29, 2020	Jun. 30, 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	Jun. 30, 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			2.72%	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			1.74%	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, 2020USD ($)	Jun. 30, 2021USD ($)	Jun. 30, 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			$ 457	$ 449
Supplemental Employee Retirement Plan [Member]
Defined Contribution Plan, Cost		$ 131	$ 131
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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	15,858	0	0

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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Net income	$ 3,342	$ 2,243	$ 5,778	$ 3,948
Weighted average shares outstanding – basic (in shares)	4,868,901	4,849,719	4,866,376	4,900,303
Potentially dilutive common shares – restricted stock units (in shares)	4,385	0	6,330	2,542
Weighted average shares outstanding – diluted (in shares)	4,873,286	4,849,719	4,872,706	4,902,845
Basic (in dollars per share)	$ 0.69	$ 0.46	$ 1.19	$ 0.81
Diluted (in dollars per share)	$ 0.69	$ 0.46	$ 1.19	$ 0.81

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 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	Jun. 30, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 222,236	$ 140,225	[1]
Fair Value, Recurring [Member]
Fair value, available for sale securities	222,236	140,225
Derivatives - cash flow hedges	888	431
Assets, Fair Value	223,124	140,656
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities	0	0
Derivatives - cash flow hedges	0	0
Assets, Fair Value	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	222,236	140,225
Derivatives - cash flow hedges	888	431
Assets, Fair Value	223,124	140,656
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	0	0
Derivatives - cash flow hedges	0	0
Assets, Fair Value	0	0
US Treasury Securities [Member]
Fair value, available for sale securities	19,946
US Treasury Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	19,946
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities	0
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	19,946
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	0
US Agency and Mortgage-backed Securities [Member]
Fair value, available for sale securities	142,828	101,598
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	142,828	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	0	0
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	142,828	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	0	0
Municipal Bonds [Member]
Fair value, available for sale securities	59,462	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	59,462	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities	0	0
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	59,462	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	$ 0	$ 0
[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	Jun. 30, 2021	Dec. 31, 2020
Assets, Fair Value	$ 1,456	$ 3,595
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value	0	0
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	$ 1,456	$ 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		Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Assets, Fair Value		$ 1,456	$ 3,595
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		$ 1,456	$ 3,595
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Measurement input	[1]	0.0650	0.0650
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Cost to Sell [Member]
Measurement input	[1]		0.1000
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Discounted Cash Flow [Member]
Assets, Fair Value		$ 1,456	$ 1,390
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Property Appraisals [Member]
Assets, Fair Value			$ 2,205
[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	Jun. 30, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 222,236	$ 140,225	[1]
Securities held to maturity	10,898
Restricted securities	1,631	1,875	[1]
Bank owned life insurance	18,128	17,916	[1]
Reported Value Measurement [Member]
Cash and short-term investments	128,247	127,297
Fair value, available for sale securities	222,236	140,225
Securities held to maturity	10,898	14,234
Restricted securities	1,631	1,875
Loans, net	611,883	622,429
Bank owned life insurance	18,128	17,916
Accrued interest receivable	2,662	2,717
Derivatives - cash flow hedges	888	431
Deposits	914,305	842,461
Subordinated debt	9,992	9,991
Junior subordinated debt	9,279	9,279
Accrued interest payable	105	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member]
Cash and short-term investments	128,247	127,297
Fair value, available for sale securities	222,236	140,225
Securities held to maturity	11,163	14,743
Restricted securities	1,631	1,875
Loans, net	620,501	633,638
Bank owned life insurance	18,128	17,916
Accrued interest receivable	2,662	2,717
Derivatives - cash flow hedges	888	431
Deposits	914,897	843,418
Subordinated debt	10,892	10,304
Junior subordinated debt	10,912	10,364
Accrued interest payable	105	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and short-term investments	128,247	127,297
Fair value, available for sale securities	0	0
Securities held to maturity	0	0
Restricted securities	0	0
Loans, net	0	0
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Derivatives - cash flow hedges	0	0
Deposits	0	0
Subordinated debt	0	0
Junior subordinated debt	0	0
Accrued interest payable	0	0
Loans held for sale		0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and short-term investments	0	0
Fair value, available for sale securities	222,236	140,225
Securities held to maturity	11,163	13,138
Restricted securities	1,631	1,875
Loans, net	0	0
Bank owned life insurance	18,128	17,916
Accrued interest receivable	2,662	2,717
Derivatives - cash flow hedges	888	431
Deposits	818,573	742,264
Subordinated debt	0	0
Junior subordinated debt	0	0
Accrued interest payable	105	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and short-term investments	0	0
Fair value, available for sale securities	0	0
Securities held to maturity	0	1,605
Restricted securities	0	0
Loans, net	620,501	633,638
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Derivatives - cash flow hedges	0	0
Deposits	96,324	101,154
Subordinated debt	10,892	10,304
Junior subordinated debt	10,912	10,364
Accrued interest payable	$ 0	0
Loans held for sale		$ 0
[1]	Derived from audited consolidated financial statements.

Note 13 - Stock Compensation _3

Note 13 - Stock Compensation Plans (Details Textual) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2021shares	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)	May 13, 2014shares
Board of Directors [Member]
Share-based Payment Arrangement, Expense | $		$ 0	$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Expense | $		$ 119	$ 168
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	13,094
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount | $		$ 286
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] - $ / shares	3 Months Ended	6 Months Ended
	Mar. 31, 2021	Jun. 30, 2021
Unvested, beginning of year (in shares)	15,858	15,858
Unvested, beginning of year, weighted average grant date fair value (in dollars per share)	$ 20.40	$ 20.40
Granted, shares (in shares)	13,094	13,094
Granted, weighted average grant date fair value (in dollars per share)		$ 17.40
Vested, shares (in shares)		(8,073)
Vested, weighted average grant date fair value (in dollars per share)		$ 19.84
Forfeited, shares (in shares)		0
Forfeited, weighted average grant date fair value (in dollars per share)		$ 0
Unvested, end of period (in shares)		20,879
Unvested, end of period, weighted average grant date fair value (in dollars per share)		$ 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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021		Jun. 30, 2020
Balance	$ 85,926	$ 78,518	$ 84,916	[1]	$ 77,219
Change in fair value of cash flow hedges, net of tax	(376)	(25)	362		(25)
Total other comprehensive (loss) income	(84)	489	(1,000)		2,581
Reclassification adjustment	0	0	(29)		0
Balance	88,682	80,788	88,682		80,788
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	1,404	2,816	3,058		724
Unrealized holding gains, net of tax	292	514	(1,333)		2,606
Change in fair value of cash flow hedges, net of tax	0	0	0		0
Total other comprehensive (loss) income	292	514	(1,362)		2,606
Reclassification adjustment	0		(29)
Balance	1,696	3,330	1,696		3,330
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	1,078	0	340		0
Unrealized holding gains, net of tax	0	0	0		0
Change in fair value of cash flow hedges, net of tax	(376)	(25)	362		(25)
Total other comprehensive (loss) income	(376)	(25)	362		(25)
Reclassification adjustment	0		0
Balance	702	(25)	702		(25)
AOCI Attributable to Parent [Member]
Balance	2,482	2,816	3,398		724
Unrealized holding gains, net of tax	292	514	(1,333)		2,606
Change in fair value of cash flow hedges, net of tax	(376)	(25)	362		(25)
Total other comprehensive (loss) income	(84)	489	(1,000)		2,581
Reclassification adjustment	0		(29)
Balance	$ 2,398	$ 3,305	$ 2,398		$ 3,305
[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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Change in fair value of cash flow hedges, tax	$ (101)	$ (6)	$ 95	$ (6)
Reclassification adjustment, tax	0	0	(8)	0
AOCI Attributable to Parent [Member]
Unrealized holding gains, tax	78	136	(354)	692
Change in fair value of cash flow hedges, tax	(100)	$ (6)	96	$ (6)
Reclassification adjustment, tax	$ 0		$ (8)

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		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Related income tax expense	$ 958	$ 528	$ 1,527	$ 904
Total reclassifications	3,342	2,243	5,778	3,948
Reclassification out of Accumulated Other Comprehensive Income [Member]
Net securities gains reclassified into earnings	0	0	(37)	0
Related income tax expense	0	0	8	0
Total reclassifications	$ 0	$ 0	$ (29)	$ 0

Note 15 - Revenue Recognition -

Note 15 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Noninterest income	$ 2,093	$ 1,647	$ 4,065	$ 3,579
Noninterest income (out-of-scope of Topic 606)	342	126	513	293
Total noninterest income	2,435	1,773	4,578	3,872
Service Charges on Deposit Accounts [Member]
Noninterest income	447	348	889	1,029
ATM and Check Card Fees [Member]
Noninterest income	682	550	1,283	1,069
Wealth Management Fees [Member]
Noninterest income	657	512	1,300	1,037
Fees for Other Customer Services [Member]
Noninterest income	$ 307	$ 237	$ 593	$ 444

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	888
Derivative liabilities	0
Interest rate swap contracts	$ 0	[1]
[1]	Collateral pledged may be comprised of cash or securities.

Note 17 - Acquisition (Details

Note 17 - Acquisition (Details Textual) - USD ($) $ in Thousands	Jul. 01, 2021	Jun. 30, 2021	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020	[1]
Assets, Total		$ 1,024,593		$ 1,024,593		$ 950,932
Loans and Leases Receivable, Net Amount, Total		611,883		611,883		622,429
Deposits, Total		914,305		914,305		$ 842,461
The Bank of Fincastle [Member]
Assets, Total		267,200		267,200
Loans and Leases Receivable, Net Amount, Total		194,500		194,500
Deposits, Total		236,300		236,300
The Bank of Fincastle [Member]
Business Combination, Acquisition Related Costs		$ 277		$ 682
The Bank of Fincastle [Member] | Forecast [Member]
Business Combination, Acquisition Related Costs			$ 3,500		$ 4,200
The Bank of Fincastle [Member] | Subsequent Event [Member]
Business Combination, Consideration Transferred, Total	$ 33,800
Payments to Acquire Businesses, Gross	$ 6,800
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)	1,348,356
[1]	Derived from audited consolidated financial statements.