First National (FXNC) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 11, 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	Q3
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 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		6,226,418

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	[1]
Assets
Cash and due from banks	$ 19,182	$ 13,115
Interest-bearing deposits in banks	95,459	114,182
Federal funds sold	80,589	0
Securities available for sale, at fair value	266,600	140,225
Securities held to maturity, at amortized cost (fair value, 2021, $10,262; 2020, $14,743)	10,046	14,234
Restricted securities, at cost	1,813	1,875
Loans held for sale	0	245
Loans, net of allowance for loan losses, 2021, $5,434; 2020, $7,485	816,977	622,429
Other real estate owned	1,848	0
Premises and equipment, net	22,401	19,319
Accrued interest receivable	3,823	2,717
Bank owned life insurance	24,141	17,916
Core deposit intangibles, net	159	19
Goodwill	4,011	0
Other assets	8,740	4,656
Total assets	1,355,789	950,932
Liabilities
Noninterest-bearing demand deposits	411,527	263,229
Savings and interest-bearing demand deposits	652,624	479,035
Time deposits	148,419	100,197
Total deposits	1,212,570	842,461
Subordinated debt	9,993	9,991
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	7,041	4,285
Total liabilities	1,238,883	866,016
Commitments and contingencies
Shareholders’ Equity
Preferred stock, par value $1.25 per share; authorized 1,000,000 shares; none issued and outstanding	0	0
Common stock, par value $1.25 per share; authorized 8,000,000 shares; issued and outstanding, 2021, 6,226,418 shares; 2020, 4,860,399 shares	7,783	6,075
Surplus	31,889	6,151
Retained earnings	75,554	69,292
Accumulated other comprehensive income, net	1,680	3,398
Total shareholders’ equity	116,906	84,916
Total liabilities and shareholders’ equity	$ 1,355,789	$ 950,932
[1]	Derived from audited consolidated financial statements.

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	[1]
Securities, fair value	$ 10,262	$ 14,743
Allowance for loan losses	$ 5,434	$ 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)	6,226,418	4,860,399
Common stock, shares outstanding (in shares)	6,226,418	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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest and Dividend Income
Interest and fees on loans	$ 9,215	$ 7,568	$ 23,432	$ 22,187
Interest on deposits in banks	79	25	149	159
Interest on federal funds sold	8	0	8	0
Interest and dividends on securities:
Taxable interest	766	575	2,180	1,881
Tax-exempt interest	242	152	637	454
Dividends	21	23	65	75
Total interest and dividend income	10,331	8,343	26,471	24,756
Interest Expense
Interest on deposits	369	541	1,060	2,179
Interest on subordinated debt	156	160	464	341
Interest on junior subordinated debt	68	68	202	225
Total interest expense	593	769	1,726	2,745
Net interest income	9,738	7,574	24,745	22,011
(Recovery of) provision for loan losses	0	1,500	(1,000)	3,200
Net interest income after (recovery of) provision for loan losses	9,738	6,074	25,745	18,811
Noninterest Income
Noninterest income	2,430	2,011	6,495	5,590
Income from bank owned life insurance	162	131	374	345
Net gains on securities available for sale	0	38	37	38
Net gains on sale of loans	0	3	25	60
Other operating income	56	18	295	49
Total noninterest income	2,648	2,201	7,226	6,082
Noninterest Expense
Salaries and employee benefits	5,446	3,498	12,694	10,109
Occupancy	500	433	1,346	1,244
Equipment	519	439	1,383	1,267
Marketing	243	63	487	243
Supplies	176	112	341	304
Legal and professional fees	586	262	1,806	842
ATM and check card expense	329	259	828	727
FDIC assessment	87	52	234	142
Bank franchise tax	153	162	493	476
Data processing expense	465	191	885	563
Amortization expense	5	33	24	127
Other operating expense	917	631	2,185	1,857
Total noninterest expense	9,426	6,135	22,706	17,901
Income before income taxes	2,960	2,140	10,265	6,992
Income tax expense	562	386	2,089	1,290
Net income	$ 2,398	$ 1,754	$ 8,176	$ 5,702
Earnings per common share
Basic (in dollars per share)	$ 0.39	$ 0.36	$ 1.54	$ 1.17
Diluted (in dollars per share)	$ 0.38	$ 0.36	$ 1.53	$ 1.17
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 547	$ 446	$ 1,436	$ 1,475
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	753	669	2,036	1,738
Asset Management [Member]
Noninterest Income
Noninterest income	696	573	1,996	1,610
Financial Service, Other [Member]
Noninterest Income
Noninterest income	$ 434	$ 323	$ 1,027	$ 767

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 2,398	$ 1,754	$ 8,176	$ 5,702
Other comprehensive income (loss), net of tax,
Unrealized holding gains (losses) on available for sale securities, net of tax ($211) and $8 for the three months and ($565) and $700 for the nine months ended September 30, 2021 and 2020, respectively	(798)	26	(2,131)	2,632
Reclassification adjustment for gains included in net income, net of tax $0 and ($8) for the three months and ($8) and ($8) for the nine months ended September 30, 2021 and 2020, respectively	0	(30)	(29)	(30)
Change in fair value of cash flow hedges, net of tax $21 and $34 for the three months and $117 and $28 for the nine months ended September 30, 2021 and 2020, respectively	80	131	442	106
Total other comprehensive (loss) income	(718)	127	(1,718)	2,708
Total comprehensive income	$ 1,680	$ 1,881	$ 6,458	$ 8,410

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Unrealized holding losses on securities transferred from held to maturity to available for sale, tax	$ (211)	$ 8	$ (565)	$ 700
Reclassification adjustment for losses included in net income, tax	0	(8)	(8)	(8)
Change in fair value of cash flow hedges, tax	$ 21	$ 34	$ 117	$ 28

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Cash Flows from Operating Activities
Net income	$ 2,398	$ 1,754	$ 8,176	$ 5,702
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment			1,005	992
Amortization of core deposit intangibles			24	127
Amortization of debt issuance costs			2	14
Origination of loans held for sale			(1,586)	(3,183)
Proceeds from sale of loans held for sale			1,856	3,410
Net gains on sales of loans held for sale	0	(3)	(25)	(60)
(Recovery of) provision for loan losses			(1,000)	3,200	$ 3,000
Fair value adjustments on other real estate owned			139	0
Net gains on securities available for sale	0	(38)	(37)	(38)
Net gains on sale of other real estate owned			(8)	0	0
Increase in cash value of bank owned life insurance			(374)	(345)
Accretion of discounts and amortization of premiums on securities, net			725	497
Accretion of premium on time deposits			(101)	(20)
Stock-based compensation			300	254
Excess tax deficiency (benefit) on stock-based compensation			3	(2)
Gains on disposal of premises and equipment			(26)	(9)
Deferred income tax (benefit)			(1,750)	(1,030)
Changes in assets and liabilities:
Decrease (increase) in interest receivable			453	(1,091)
Decrease in other assets			2,938	688
Increase (decrease) in accrued interest payable and other liabilities			1,625	(28)
Net cash provided by operating activities			12,339	9,078
Cash Flows from Investing Activities
Proceeds from maturities, calls, principal payments, and sales of securities available for sale			43,247	24,787
Proceeds from maturities, calls, and principal payments of securities held to maturity			4,120	2,444
Purchase of securities available for sale			(160,864)	(18,019)
Net increase in federal funds sold			(80,589)	0
Net redemption (purchase) of restricted securities			245	(42)
Purchase of premises and equipment			(622)	(793)
Proceeds from sale of premises and equipment			32	9
Proceeds from sale of other real estate owned			288	0
Net (increase) in loans			(14)	(74,379)
Net cash used in investing activities			(156,587)	(65,993)
Cash Flows from Financing Activities
Net increase in demand deposits and savings accounts			137,352	147,872
Net decrease in time deposits			(3,923)	(15,899)
Proceeds from subordinated debt, net of issuance costs			0	4,990
Cash dividends paid on common stock, net of reinvestment			(1,798)	(1,509)
Net cash provided by financing activities			131,592	133,336
(Decrease) increase in cash and cash equivalents			(12,656)	76,421
Cash and Cash Equivalents
Beginning			127,297	45,785	45,785
Ending	$ 114,641	$ 122,206	114,641	122,206	127,297
Supplemental Disclosures of Cash Flow Information
Interest			1,728	2,739
Income taxes			1,674	2,451
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized (losses) gains on securities available for sale			(2,733)	3,294
Change in fair value of cash flow hedges			559	134
Transfer from loans to other real estate owned			130	0	$ 0
Issuance of common stock, dividend reinvestment plan			115	106
Smartbank [Member]
Cash Flows from Investing Activities
Net cash paid in acquisition			(1,793)	0
The Bank of Fincastle [Member]
Cash Flows from Investing Activities
Net cash paid in acquisition			39,363	0
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	5,702	0	5,702
Other comprehensive income (loss)											0	0	0	2,708	2,708
Cash dividends on common stock											0	0	(1,615)	0	(1,615)
Stock-based compensation											0	254	0	0	254
Issuance of common stock, dividend reinvestment plan											9	97	0	0	106
Issuance of 3,500 shares common stock, stock incentive plan											16	(16)	0	0	0
Repurchase of common stock	$ (3)	$ (44)	$ 0	$ 0	$ (47)	$ (161)	$ (1,910)	$ 0	$ 0	$ (2,071)
Balance at Sep. 30, 2020											6,073	6,081	66,670	3,432	82,256
Balance at Jun. 30, 2020											6,065	5,967	65,451	3,305	80,788
Net income											0	0	1,754	0	1,754
Other comprehensive income (loss)											0	0	0	127	127
Cash dividends on common stock											0	0	(535)	0	(535)
Stock-based compensation											0	86	0	0	86
Issuance of common stock, dividend reinvestment plan											3	33	0	0	36
Issuance of 3,500 shares common stock, stock incentive plan											5	(5)	0	0	0
Balance at Sep. 30, 2020											6,073	6,081	66,670	3,432	82,256
Balance at Dec. 31, 2020											6,075	6,151	69,292	3,398	84,916	[1]
Net income											0	0	8,176	0	8,176
Other comprehensive income (loss)											0	0	0	(1,718)	(1,718)
Cash dividends on common stock											0	0	(1,914)	0	(1,914)
Stock-based compensation											0	300	0	0	300
Issuance of common stock, dividend reinvestment plan											7	109	0	0	116
Issuance of 3,500 shares common stock, stock incentive plan											18	(18)	0	0	0
Shares issued to shareholders of The Bank of Fincastle											1,685	25,384			27,069
Repurchase of common stock	$ (2)	$ (37)	$ 0	$ 0	$ (39)
Balance at Sep. 30, 2021											7,783	31,889	75,554	1,680	116,906
Balance at Jun. 30, 2021											6,088	6,295	73,901	2,398	88,682
Net income											0	0	2,398	0	2,398
Other comprehensive income (loss)											0	0	0	(718)	(718)
Cash dividends on common stock											0	0	(745)	0	(745)
Stock-based compensation											0	181	0	0	181
Issuance of common stock, dividend reinvestment plan											2	37	0	0	39
Issuance of 3,500 shares common stock, stock incentive plan											8	(8)	0	0	0
Shares issued to shareholders of The Bank of Fincastle											1,685	25,384			27,069
Balance at Sep. 30, 2021											$ 7,783	$ 31,889	$ 75,554	$ 1,680	$ 116,906
[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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Retained Earnings [Member]
Cash dividends on common stock, per share (in dollars per share)	$ 0.12	$ 0.11	$ 0.36	$ 0.33
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)	1,894	2,530	6,102	7,267
Issuance of common stock, stock incentive plan, shares (in shares)			14,073	12,492
Issuance of common stock, stock incentive plan, shares (in shares)	6,000	3,500

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 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 September 30, 2021 December 31, 2020 three nine September 30, 2021 2020 three nine September 30, 2021 2020 three nine September 30, 2021 2020 10 December 31, 2020 three nine September 30, 2021 not may December 31, 2021 Risks and Uncertainties The outbreak of COVID- 19 ate and could im 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 September 30, 2021. August 2020, not During the fourth 2020, first 2021, ing between 6 and 24 months. All loans modified were in the Bank’s commercial real estate loan portfolio and totaled $13.3 million at September 30, 2021, The Bank actively participated as a lender in the U.S. Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) to support local small businesses and non-profit organizations by providing forgivable loans. Loan fees received from the SBA are accreted by the Bank into income evenly over the life of the loans, net of loan origination costs, through interest and fees on loans. PPP loans totaled $22.8 million at September 30, 2021, second third 2022, first second 2026. The Bank recognized $737 thousand and $247 thousand of accretion on deferred PPP income, net origination costs, through interest and fees on loans for three September 30, 2021 2020, nine September 30, 2021 2020, not September 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, Business Combinations On July 1, 2021, September 30, 2021, Additional information about these acquisitions is presented in Note 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	9 Months Ended
	Sep. 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 September 30, 2021 December 31, 2020 September 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 19,951 $ 63 $ (38 ) $ 19,976 U.S. agency and mortgage-backed securities 172,782 1,713 (1,234 ) 173,261 Obligations of states and political subdivisions 70,703 1,002 (378 ) 71,327 Corporate debt securities 2,027 9 — 2,036 Total securities available for sale $ 265,463 $ 2,787 $ (1,650 ) $ 266,600 Securities held to maturity: U.S. agency and mortgage-backed securities $ 7,301 $ 117 $ (2 ) $ 7,416 Obligations of states and political subdivisions 2,745 101 — 2,846 Total securities held to maturity $ 10,046 $ 218 $ (2 ) $ 10,262 Total securities $ 275,509 $ 3,005 $ (1,652 ) $ 276,862 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 September 30, 2021 December 31, 2020 September 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 $ 9,934 $ (38 ) $ — $ — $ 9,934 $ (38 ) U.S. agency and mortgage-backed securities 110,631 (1,234 ) — — 110,631 (1,234 ) Obligations of states and political subdivisions 25,202 (378 ) — — 25,202 (378 ) Total securities available for sale $ 145,767 $ (1,650 ) $ — $ — $ 145,767 $ (1,650 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ — $ — $ — $ — Obligations of states and political subdivisions — — — — — — Total securities held to maturity $ — $ — $ — $ — $ — $ — Total securities $ 145,767 $ (1,650 ) $ — $ — $ 145,767 $ (1,650 ) 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 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ — $ — $ — $ — Obligations of states and political subdivisions — — — — — — Total securities held to maturity $ — $ — $ — $ — $ — $ — Total securities $ 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 September 30, 2021 were forty-two out of one hundred twenty-three U.S. agency and mortgage-backed securities, two out of four U.S. Treasury securities, and twenty-five out of one hundred ten o was 5.3 years September 30, 2021 December 31, 2020 re seven one hundred one nd one eighty-four December 31, 2020 December 31, 2020 September 30, 2021 not The amortized cost and fair value of securities at September 30, 2021 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,765 $ 2,781 $ 2,410 $ 2,418 Due after one year through five years 15,905 16,002 2,335 2,432 Due after five years through ten years 62,654 63,525 1,552 1,599 Due after ten years 184,139 184,292 3,749 3,813 $ 265,463 $ 266,600 $ 10,046 $ 10,262 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 September 30, 2021 The composition of restricted securities at September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Federal Home Loan Bank stock $ 701 $ 818 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 132 77 $ 1,813 $ 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 September 30, 2021 December 31, 2020

Note 3 - Loans

Note 3 - Loans	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020 Real estate loans: Construction and land development $ 45,120 $ 27,328 Secured by 1-4 family residential 294,216 235,814 Other real estate loans 362,643 246,883 Commercial and industrial loans 105,664 109,838 Consumer and other loans 14,768 10,051 Total loans $ 822,411 $ 629,914 Allowance for loan losses (5,434 ) (7,485 ) Loans, net $ 816,977 $ 622,429 Net deferred loan fees included in the above loan categor ies were $1.1 million a September 30, 2021 December 31, 2020 ed $179 thousand September 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. Loans acquired in business combinations are recorded in the Consolidated Balance Sheets at fair value at the acquisition date under the acquisition method of accounting. The outstanding principal balance and the carrying amount at September 30, 2021 Acquired Loans- Purchased (Dollars in thousands) Performing Outstanding principal balance $ 244,054 Carrying amount Real estate loans: Construction and land development $ 20,264 Secured by 1-4 family residential 58,570 Other real estate loans 115,514 Commercial and industrial loans 39,597 Consumer and other loans 6,652 Total acquired loans $ 240,597 The following tables provide a summary of loan classes and an aging of past due loans as of September 30, 2021 December 31, 2020 September 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 $ — $ 178 $ — $ 178 $ 44,942 $ 45,120 $ — $ — Secured by 1-4 family residential 1,898 289 137 2,324 291,892 294,216 470 — Other real estate loans — — 122 122 362,521 362,643 153 — Commercial and industrial 92 196 — 288 105,376 105,664 1,535 — Consumer and other loans 47 7 3 57 14,711 14,768 — 7 Total $ 2,037 $ 670 $ 262 $ 2,969 $ 819,442 $ 822,411 $ 2,158 $ 7 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 September 30, 2021 December 31, 2020 September 30, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 45,120 $ — $ — $ — $ 45,120 Secured by 1-4 family residential 293,427 — 789 — 294,216 Other real estate loans 362,490 — 153 — 362,643 Commercial and industrial 104,129 — 1,535 — 105,664 Consumer and other loans 14,768 — — — 14,768 Total $ 819,934 $ — $ 2,477 $ — $ 822,411 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	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of September 30, 2021 December 31, 2020 September 30, 2020 September 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 — (15 ) (992 ) — (255 ) (1,262 ) Recoveries — 46 2 6 157 211 (Recovery of) provision for loan losses (25 ) (97 ) (813 ) (81 ) 16 (1,000 ) Ending Balance, September 30, 2021 $ 281 $ 956 $ 3,153 $ 709 $ 335 $ 5,434 Ending Balance: Individually evaluated for impairment — — — 84 — 84 Collectively evaluated for impairment 281 956 3,153 625 335 5,350 Loans: Ending Balance $ 45,120 $ 294,216 $ 362,643 $ 105,664 $ 14,768 $ 822,411 Individually evaluated for impairment — 470 153 1,535 — 2,158 Collectively evaluated for impairment 45,120 293,746 362,490 104,129 14,768 820,253 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 September 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 ) (550 ) (619 ) Recoveries 2 6 2 17 235 262 Provision for (recovery of) loan losses (164 ) 305 2,691 398 (30 ) 3,200 Ending Balance, September 30, 2020 $ 302 $ 1,087 $ 4,989 $ 908 $ 491 $ 7,777 Ending Balance: Individually evaluated for impairment — — 2,108 181 — 2,289 Collectively evaluated for impairment 302 1,087 2,881 727 491 5,488 Loans: Ending Balance $ 27,472 $ 234,198 $ 250,319 $ 125,277 $ 11,102 $ 648,368 Individually evaluated for impairment 283 469 4,674 1,548 — 6,974 Collectively evaluated for impairment 27,189 233,729 245,645 123,729 11,102 641,394 Impaired loans and the related allowance at September 30, 2021 December 31, 2020 September 30, 2020 September 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 611 470 — 470 — 420 3 Other real estate loans 167 153 — 153 — 3,159 1 Commercial and industrial 1,655 — 1,535 1,535 84 1,548 — Total $ 2,433 $ 623 $ 1,535 $ 2,158 $ 84 $ 5,400 $ 4 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 September 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 $ 325 $ 283 $ — $ 283 $ — $ 366 $ — Secured by 1-4 family 578 469 — 469 — 536 1 Other real estate loans 4,698 361 4,313 4,674 2,108 1,974 109 Commercial and industrial 1,548 — 1,548 1,548 181 6 77 Total $ 7,149 $ 1,113 $ 5,861 $ 6,974 $ 2,289 $ 2,882 $ 187 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 September 30, 2021 September 30, 2021 none December 31, 2020 none may three September 30, 2021 2020 In response to the COVID- 19 first 2020, 90 September 30, 2021 not During the fourth 2020, terms of certain loans for customers that continued to be negatively impacted by the COVID- 19 September 30, 2021 , loans that were modified totaled $13.3 million. These lo not For the nine September 30, 2021 2020 no twelve ninety twelve

Note 5 - Other Real Estate Owne

Note 5 - Other Real Estate Owned (OREO)	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Real Estate Owned [Text Block]	Note 5. Changes in the balance for OREO during the nine September 30, 2021 and the year ended December 31, 2020 are as follows (in thousands): Nine Months Ended Year Ended September 30, 2021 December 31, 2020 Balance at the beginning of year, gross $ — $ — Transfers in 130 — Acquired in merger 2,137 — Sales proceeds (288 ) — Gain on disposition 8 — Balance at the end of period, gross $ 1,987 $ — Less: valuation allowance (139 ) — Balance at the end of period, net $ 1,848 $ — There were no residential real estate properties included in the ending OREO balances at September 30, 2021 and December 31, 2020 . The Bank did not September 30, 2021 . The Company acquired $2.1 million of OREO in the acquisition of Fincastle including $1.8 million of real estate and buildings formerly used as bank premises by Fincastle. The Company will not nine September 30, 2021. not for the nine September 30, 2020. The Bank did not for the year ended December 31, 2020.

Note 6 - Other Borrowings

Note 6 - Other Borrowings	9 Months Ended
	Sep. 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 September 30, 2021 . There were no borrowings outstanding on the line of credit at September 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 $229.0 million and $237.7 million available with non-affiliated banks at September 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 $159.4 million at September 30, 2021 . The Bank had collateral pledged on the borrowing line at September 30, 2021 and December 31, 2020 including real estate loans totaling $216.3 million and $221.1 million, respectively, and Federal Home Loan Bank stock with a book value of $701 thousand and $818 thousand, respectively. The Bank did not September 30, 2021 and December 31, 2020 .

Note 7 - Capital Requirements

Note 7 - Capital Requirements	9 Months Ended
	Sep. 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 September 30, 2021 December 31, 2020 As of September 30, 2021 no A comparison of the capital of the Bank at September 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 September 30, 2021 Total Capital (to Risk-Weighted Assets) $ 128,197 14.42 % $ 71,108 8.00 % $ 88,885 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 122,763 13.81 % $ 53,331 6.00 % $ 71,108 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 122,763 13.81 % $ 39,998 4.50 % $ 57,775 6.50 % Tier 1 Capital (to Average Assets) $ 122,763 9.22 % $ 53,274 4.00 % $ 66,593 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 September 30, 2021 December 31, 2020 September 30, 2021 December 31, 2020

Note 8 - Subordinated Debt

Note 8 - Subordinated Debt	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 8. On October 30, 2015, 2025 September 30, 2021 December 31, 2020 October 1, 2025. oval, the Company may may not On June 29, 2020, 2030 July 1, 2025, three o the note were $7 thousand and $9 September 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	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9. On June 8, 2004, June 17, 2004, September 30, 2021 December 31, 2020 s 2.72% and June 17, 2034, September 17, 2009. On July 24, 2006, July 31, 2006, September 30, 2021 December 31, 2020 1.73% a October 1, 2036, October 1, 2011.

Note 10 - Benefit Plans

Note 10 - Benefit Plans	9 Months Ended
	Sep. 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 nine September 30, 2021 2020 Plan amounted to $706 thousand a On March 15, 2019, three nse totaled $197 thousand and $198 thousand f nine September 30, 2021 2020 See Note 13 10 December 31, 2020

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share	9 Months Ended
	Sep. 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 nine September 30, 2021 2020 Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 (Numerator): Net income $ 2,398 $ 1,754 $ 8,176 $ 5,702 (Denominator): Weighted average shares outstanding – basic 6,220,456 4,854,144 5,322,696 4,884,805 Potentially dilutive common shares – restricted stock units 9,068 505 7,243 1,863 Weighted average shares outstanding – diluted 6,229,524 4,854,649 5,329,939 4,886,668 Income per common share Basic $ 0.39 $ 0.36 $ 1.54 $ 1.17 Diluted $ 0.38 $ 0.36 $ 1.53 $ 1.17 There were no antidilutive shares of common stock for the three nine September 30, 2021. not nine September 30, 2020.

Note 12 - Fair Value Measuremen

Note 12 - Fair Value Measurements	9 Months Ended
	Sep. 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 September 30, 2021 December 31, 2020 no September 30, 2021 December 31, 2020. Fair Value Measurements at September 30, 2021 Description Balance as of September 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 $ 19,976 $ — $ 19,976 $ — U.S. agency and mortgage-backed securities 173,261 — 173,261 — Obligations of states and political subdivisions 71,327 — 71,327 — Corporate debt securities 2,036 — 2,036 — Total securities available for sale $ 266,600 $ — $ 266,600 $ — Derivatives - cash flow hedges 990 — 990 — Total assets $ 267,590 $ — $ 267,590 $ — 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 nine September 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 September 30, 2021 Description Balance as of September 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 $ 1,451 $ — $ — $ 1,451 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 September 30, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 1,451 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 September 30, 2021 December 31, 2020 Fair Value Measurements at September 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 $ 195,230 $ 195,230 $ — $ — $ 195,230 Securities available for sale 266,600 — 266,600 — 266,600 Securities held to maturity 10,046 — 10,262 — 10,262 Restricted securities 1,813 — 1,813 — 1,813 Loans, net 816,977 — — 823,227 823,227 Bank owned life insurance 24,141 — 24,141 — 24,141 Accrued interest receivable 3,823 — 3,823 — 3,823 Derivatives - cash flow hedges 990 — 990 — 990 Financial Liabilities Deposits $ 1,212,570 $ — $ 1,064,150 $ 148,681 $ 1,212,831 Subordinated debt 9,993 — — $ 10,935 10,935 Junior subordinated debt 9,279 — — $ 10,824 10,824 Accrued interest payable 232 — 232 — 232 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	9 Months Ended
	Sep. 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 nine September 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 o ne share of common stock on a specified issuance date. During the first nine 2021 , 16,094 restricted stock units were granted to employees, with 2,026 units vesting immediately, 7,040 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: Nine Months Ended September 30, 2021 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 15,858 $ 20.40 Granted 16,094 17.88 Vested (8,073 ) 19.84 Forfeited (98 ) 18.41 Unvested, end of period 23,781 $ 18.89 At September 30, 2021 e-tax compensation expense related to unvested restricted stock unit awards was $290 thousand. This expense is expected to be recognized through 2026. nine September 30, 2021 2020 totaled $300 thousand and $168 thousand, res Notes to Consolidated Financial Statements (Unaudited)

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 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 June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Unrealized holding gains (net of tax, $ 8 26 — 26 Reclassification adjustment (net of tax, ($ 8 (30 ) — (30 ) Change in fair value (net of tax, $ 34 — 131 131 Change during period (4 ) 131 127 Balance at September 30, 2020 $ 3,326 $ 106 $ 3,432 Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398 Unrealized holding gains (net of tax, $ 211 (798 ) — (798 ) Change in fair value (net of tax, $ 21 — 80 80 Change during period (798 ) 80 (718 ) Balance at September 30, 2021 $ 898 $ 782 $ 1,680 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, $ 700 2,632 — 2,632 Reclassification adjustment (net of tax, ($ 8 (30 ) — (30 ) Change in fair value (net of tax, $ 28 — 106 106 Change during period 2,602 106 2,708 Balance at September 30, 2020 $ 3,326 $ 106 $ 3,432 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ($ 565 (2,131 ) — (2,131 ) Reclassification adjustment (net of tax, ($ 8 (29 ) — (29 ) Change in fair value (net of tax, $ 117 — 442 442 Change during period (2,160 ) 442 (1,718 ) Balance at September 30, 2021 $ 898 $ 782 $ 1,680 The following table presents information related to reclassifications from accumulated other comprehensive income (loss) for the three nine September 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 September 30, 2021 September 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ — $ (38 ) Net gains on securities available for sale Related income tax expense — 8 Income tax expense Total reclassifications $ — $ (30 ) 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 Nine Months Ended September 30, 2021 September 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ (37 ) $ (38 ) Net gains on securities available for sale Related income tax expense 8 8 Income tax expense Total reclassifications $ (29 ) $ (30 ) Net of tax

Note 15 - Revenue Recognition

Note 15 - Revenue Recognition	9 Months Ended
	Sep. 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 fees for brokered loans, 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 nine September 30, 2021 2020 Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 Noninterest Income Service charges on deposit accounts $ 547 $ 446 $ 1,436 $ 1,475 ATM and check card fees 753 669 2,036 1,738 Wealth management fees 696 573 1,996 1,610 Fees for other customer services 434 323 1,027 767 Noninterest income (in-scope of Topic 606) $ 2,430 $ 2,011 $ 6,495 $ 5,590 Noninterest income (out-of-scope of Topic 606) 218 190 731 492 Total noninterest income $ 2,648 $ 2,201 $ 7,226 $ 6,082

Note 16 - Derivative Financial

Note 16 - Derivative Financial Instruments	9 Months Ended
	Sep. 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 September 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 September 30, 2021 September 30, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 990 $ — $ — ( 1 Collateral pledged may

Note 17 - Acquisitions

Note 17 - Acquisitions	9 Months Ended
	Sep. 30, 2021
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 17. Acquisition of the Bank of Fincastle On July 1, 2021, six October 16, 2021. June 30, 2021, three nine September 30, 2021, fourth 2021 first 2022. Acquisition of SmartBank Loan Portfolio On September 30, 2021, not December 31, 2021. fourth 2021, not third 2021. The acquisitions were accounted for as business combinations under ASC 805, Business Combinations . Under acquisition accounting, assets acquired, and liabilities assumed are recorded at their acquisition date fair values, and any excess of the purchase price over the aggregate fair value of the net assets acquired is recognized as goodwill. Determining the fair value of assets and liabilities, particularly related to the loan portfolio, is inherently subjective and involves significant judgment regarding the methods and assumptions used to estimate fair value. During the measurement period, the acquirer shall adjust the amounts recognized at the acquisition date and may may not one The following table presents the total consideration paid by the Company in connection with the acquisition of Fincastle and the SmartBank loan portfolio, the fair values of the assets acquired and liabilities assumed, and the resulting goodwill. Amounts for the Bank of Fincastle acquisition are as of July 1, 2021. September 30, 2021. (Dollars in thousands) Bank of Fincastle SmartBank Total Purchase price: Cash paid $ 6,752 $ 83,745 $ 90,497 Common stock issued 27,069 - 27,069 Total purchase price $ 33,821 $ 83,745 $ 117,566 Identifiable assets acquired: Cash and due from banks $ 46,158 $ - $ 46,158 Federal funds sold 120 - 120 Securities, AFS, at fair value 12,112 - 12,112 Restricted securities 183 - 183 Loans, net of ALLL 193,664 81,636 275,300 Bank premises and equipment 3,471 172 3,643 Accrued interest receivable 1,561 143 1,704 OREO 2,137 - 2,137 BOLI 5,852 - 5,852 Other assets 4,259 - 4,259 Total identifiable assets acquired $ 269,517 $ 81,951 $ 351,468 Identifiable liabilities assumed: Demand deposits & savings accounts $ 184,535 $ - $ 184,535 Time deposits 52,246 - 52,246 Accrued expenses and other liabilities 1,132 - 1,132 Total identifiable liabilities assumed $ 237,913 $ - $ 237,913 Net identifiable assets acquired at fair value $ 31,604 $ 81,951 $ 113,555 Goodwill resulting from acquisitions $ 2,217 $ 1,794 $ 4,011 The following table presents certain unaudited pro forma information as if the acquisition had taken place on January 1, 2020. not January 1, 2020. nine September 30, 2021 September 30, 2020 not Unaudited Pro Forma Unaudited Pro Forma Nine Months Ended Nine Months Ended (Dollars in thousands, except per share amounts) September 30, 2021 September 30, 2020 Total revenues (net interest income plus noninterest income) $ 37,670 $ 36,077 Net income $ 7,849 $ 7,145 Net income per share, basic $ 1.26 $ 1.15 Net income per share, diluted $ 1.26 $ 1.15 The revenue and earnings amounts specific to Fincastle since the acquisition date that are included in the consolidated results for 2021 not September 30, 2021. fourth 2021 first 2022.

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	September 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 19,951 $ 63 $ (38 ) $ 19,976 U.S. agency and mortgage-backed securities 172,782 1,713 (1,234 ) 173,261 Obligations of states and political subdivisions 70,703 1,002 (378 ) 71,327 Corporate debt securities 2,027 9 — 2,036 Total securities available for sale $ 265,463 $ 2,787 $ (1,650 ) $ 266,600 Securities held to maturity: U.S. agency and mortgage-backed securities $ 7,301 $ 117 $ (2 ) $ 7,416 Obligations of states and political subdivisions 2,745 101 — 2,846 Total securities held to maturity $ 10,046 $ 218 $ (2 ) $ 10,262 Total securities $ 275,509 $ 3,005 $ (1,652 ) $ 276,862 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]	September 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 $ 9,934 $ (38 ) $ — $ — $ 9,934 $ (38 ) U.S. agency and mortgage-backed securities 110,631 (1,234 ) — — 110,631 (1,234 ) Obligations of states and political subdivisions 25,202 (378 ) — — 25,202 (378 ) Total securities available for sale $ 145,767 $ (1,650 ) $ — $ — $ 145,767 $ (1,650 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ — $ — $ — $ — Obligations of states and political subdivisions — — — — — — Total securities held to maturity $ — $ — $ — $ — $ — $ — Total securities $ 145,767 $ (1,650 ) $ — $ — $ 145,767 $ (1,650 ) 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 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ — $ — $ — $ — $ — $ — Obligations of states and political subdivisions — — — — — — Total securities held to maturity $ — $ — $ — $ — $ — $ — Total securities $ 18,387 $ (82 ) $ — $ — $ 18,387 $ (82 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 2,765 $ 2,781 $ 2,410 $ 2,418 Due after one year through five years 15,905 16,002 2,335 2,432 Due after five years through ten years 62,654 63,525 1,552 1,599 Due after ten years 184,139 184,292 3,749 3,813 $ 265,463 $ 266,600 $ 10,046 $ 10,262
Marketable Securities [Table Text Block]	September 30, 2021 December 31, 2020 Federal Home Loan Bank stock $ 701 $ 818 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 132 77 $ 1,813 $ 1,875

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2021 December 31, 2020 Real estate loans: Construction and land development $ 45,120 $ 27,328 Secured by 1-4 family residential 294,216 235,814 Other real estate loans 362,643 246,883 Commercial and industrial loans 105,664 109,838 Consumer and other loans 14,768 10,051 Total loans $ 822,411 $ 629,914 Allowance for loan losses (5,434 ) (7,485 ) Loans, net $ 816,977 $ 622,429
Loans Acquired in Business Combination [Table Text Block]	Acquired Loans- Purchased (Dollars in thousands) Performing Outstanding principal balance $ 244,054 Carrying amount Real estate loans: Construction and land development $ 20,264 Secured by 1-4 family residential 58,570 Other real estate loans 115,514 Commercial and industrial loans 39,597 Consumer and other loans 6,652 Total acquired loans $ 240,597
Financing Receivable, Past Due [Table Text Block]	September 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 $ — $ 178 $ — $ 178 $ 44,942 $ 45,120 $ — $ — Secured by 1-4 family residential 1,898 289 137 2,324 291,892 294,216 470 — Other real estate loans — — 122 122 362,521 362,643 153 — Commercial and industrial 92 196 — 288 105,376 105,664 1,535 — Consumer and other loans 47 7 3 57 14,711 14,768 — 7 Total $ 2,037 $ 670 $ 262 $ 2,969 $ 819,442 $ 822,411 $ 2,158 $ 7 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]	September 30, 2021 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 45,120 $ — $ — $ — $ 45,120 Secured by 1-4 family residential 293,427 — 789 — 294,216 Other real estate loans 362,490 — 153 — 362,643 Commercial and industrial 104,129 — 1,535 — 105,664 Consumer and other loans 14,768 — — — 14,768 Total $ 819,934 $ — $ 2,477 $ — $ 822,411 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)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	September 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 — (15 ) (992 ) — (255 ) (1,262 ) Recoveries — 46 2 6 157 211 (Recovery of) provision for loan losses (25 ) (97 ) (813 ) (81 ) 16 (1,000 ) Ending Balance, September 30, 2021 $ 281 $ 956 $ 3,153 $ 709 $ 335 $ 5,434 Ending Balance: Individually evaluated for impairment — — — 84 — 84 Collectively evaluated for impairment 281 956 3,153 625 335 5,350 Loans: Ending Balance $ 45,120 $ 294,216 $ 362,643 $ 105,664 $ 14,768 $ 822,411 Individually evaluated for impairment — 470 153 1,535 — 2,158 Collectively evaluated for impairment 45,120 293,746 362,490 104,129 14,768 820,253 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 September 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 ) (550 ) (619 ) Recoveries 2 6 2 17 235 262 Provision for (recovery of) loan losses (164 ) 305 2,691 398 (30 ) 3,200 Ending Balance, September 30, 2020 $ 302 $ 1,087 $ 4,989 $ 908 $ 491 $ 7,777 Ending Balance: Individually evaluated for impairment — — 2,108 181 — 2,289 Collectively evaluated for impairment 302 1,087 2,881 727 491 5,488 Loans: Ending Balance $ 27,472 $ 234,198 $ 250,319 $ 125,277 $ 11,102 $ 648,368 Individually evaluated for impairment 283 469 4,674 1,548 — 6,974 Collectively evaluated for impairment 27,189 233,729 245,645 123,729 11,102 641,394
Impaired Financing Receivables [Table Text Block]	September 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 611 470 — 470 — 420 3 Other real estate loans 167 153 — 153 — 3,159 1 Commercial and industrial 1,655 — 1,535 1,535 84 1,548 — Total $ 2,433 $ 623 $ 1,535 $ 2,158 $ 84 $ 5,400 $ 4 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 September 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 $ 325 $ 283 $ — $ 283 $ — $ 366 $ — Secured by 1-4 family 578 469 — 469 — 536 1 Other real estate loans 4,698 361 4,313 4,674 2,108 1,974 109 Commercial and industrial 1,548 — 1,548 1,548 181 6 77 Total $ 7,149 $ 1,113 $ 5,861 $ 6,974 $ 2,289 $ 2,882 $ 187

Note 5 - Other Real Estate Ow_2

Note 5 - Other Real Estate Owned (OREO) (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Other Real Estate, Roll Forward [Table Text Block]	Nine Months Ended Year Ended September 30, 2021 December 31, 2020 Balance at the beginning of year, gross $ — $ — Transfers in 130 — Acquired in merger 2,137 — Sales proceeds (288 ) — Gain on disposition 8 — Balance at the end of period, gross $ 1,987 $ — Less: valuation allowance (139 ) — Balance at the end of period, net $ 1,848 $ —

Note 7 - Capital Requirements (

Note 7 - Capital Requirements (Tables)	9 Months Ended
	Sep. 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 September 30, 2021 Total Capital (to Risk-Weighted Assets) $ 128,197 14.42 % $ 71,108 8.00 % $ 88,885 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 122,763 13.81 % $ 53,331 6.00 % $ 71,108 8.00 % Common Equity Tier 1 Capital (to Risk-Weighted Assets) $ 122,763 13.81 % $ 39,998 4.50 % $ 57,775 6.50 % Tier 1 Capital (to Average Assets) $ 122,763 9.22 % $ 53,274 4.00 % $ 66,593 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)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 (Numerator): Net income $ 2,398 $ 1,754 $ 8,176 $ 5,702 (Denominator): Weighted average shares outstanding – basic 6,220,456 4,854,144 5,322,696 4,884,805 Potentially dilutive common shares – restricted stock units 9,068 505 7,243 1,863 Weighted average shares outstanding – diluted 6,229,524 4,854,649 5,329,939 4,886,668 Income per common share Basic $ 0.39 $ 0.36 $ 1.54 $ 1.17 Diluted $ 0.38 $ 0.36 $ 1.53 $ 1.17

Note 12 - Fair Value Measurem_2

Note 12 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at September 30, 2021 Description Balance as of September 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 $ 19,976 $ — $ 19,976 $ — U.S. agency and mortgage-backed securities 173,261 — 173,261 — Obligations of states and political subdivisions 71,327 — 71,327 — Corporate debt securities 2,036 — 2,036 — Total securities available for sale $ 266,600 $ — $ 266,600 $ — Derivatives - cash flow hedges 990 — 990 — Total assets $ 267,590 $ — $ 267,590 $ — 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 September 30, 2021 Description Balance as of September 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 $ 1,451 $ — $ — $ 1,451 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 September 30, 2021 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Impaired loans, net $ 1,451 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 September 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 $ 195,230 $ 195,230 $ — $ — $ 195,230 Securities available for sale 266,600 — 266,600 — 266,600 Securities held to maturity 10,046 — 10,262 — 10,262 Restricted securities 1,813 — 1,813 — 1,813 Loans, net 816,977 — — 823,227 823,227 Bank owned life insurance 24,141 — 24,141 — 24,141 Accrued interest receivable 3,823 — 3,823 — 3,823 Derivatives - cash flow hedges 990 — 990 — 990 Financial Liabilities Deposits $ 1,212,570 $ — $ 1,064,150 $ 148,681 $ 1,212,831 Subordinated debt 9,993 — — $ 10,935 10,935 Junior subordinated debt 9,279 — — $ 10,824 10,824 Accrued interest payable 232 — 232 — 232 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)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Nine Months Ended September 30, 2021 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 15,858 $ 20.40 Granted 16,094 17.88 Vested (8,073 ) 19.84 Forfeited (98 ) 18.41 Unvested, end of period 23,781 $ 18.89

Note 14 - Accumulated Other C_2

Note 14 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 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 June 30, 2020 $ 3,330 $ (25 ) $ 3,305 Unrealized holding gains (net of tax, $ 8 26 — 26 Reclassification adjustment (net of tax, ($ 8 (30 ) — (30 ) Change in fair value (net of tax, $ 34 — 131 131 Change during period (4 ) 131 127 Balance at September 30, 2020 $ 3,326 $ 106 $ 3,432 Balance at June 30, 2021 $ 1,696 $ 702 $ 2,398 Unrealized holding gains (net of tax, $ 211 (798 ) — (798 ) Change in fair value (net of tax, $ 21 — 80 80 Change during period (798 ) 80 (718 ) Balance at September 30, 2021 $ 898 $ 782 $ 1,680 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, $ 700 2,632 — 2,632 Reclassification adjustment (net of tax, ($ 8 (30 ) — (30 ) Change in fair value (net of tax, $ 28 — 106 106 Change during period 2,602 106 2,708 Balance at September 30, 2020 $ 3,326 $ 106 $ 3,432 Balance at December 31, 2020 $ 3,058 $ 340 $ 3,398 Unrealized holding losses (net of tax, ($ 565 (2,131 ) — (2,131 ) Reclassification adjustment (net of tax, ($ 8 (29 ) — (29 ) Change in fair value (net of tax, $ 117 — 442 442 Change during period (2,160 ) 442 (1,718 ) Balance at September 30, 2021 $ 898 $ 782 $ 1,680
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 September 30, 2021 September 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ — $ (38 ) Net gains on securities available for sale Related income tax expense — 8 Income tax expense Total reclassifications $ — $ (30 ) 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 Nine Months Ended September 30, 2021 September 30, 2020 Securities available for sale: Net securities gains reclassified into earnings $ (37 ) $ (38 ) Net gains on securities available for sale Related income tax expense 8 8 Income tax expense Total reclassifications $ (29 ) $ (30 ) Net of tax

Note 15 - Revenue Recognition (

Note 15 - Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 Noninterest Income Service charges on deposit accounts $ 547 $ 446 $ 1,436 $ 1,475 ATM and check card fees 753 669 2,036 1,738 Wealth management fees 696 573 1,996 1,610 Fees for other customer services 434 323 1,027 767 Noninterest income (in-scope of Topic 606) $ 2,430 $ 2,011 $ 6,495 $ 5,590 Noninterest income (out-of-scope of Topic 606) 218 190 731 492 Total noninterest income $ 2,648 $ 2,201 $ 7,226 $ 6,082

Note 16 - Derivative Financia_2

Note 16 - Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	September 30, 2021 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 990 $ — $ —

Note 17 - Acquisitions (Tables)

Note 17 - Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2021
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	(Dollars in thousands) Bank of Fincastle SmartBank Total Purchase price: Cash paid $ 6,752 $ 83,745 $ 90,497 Common stock issued 27,069 - 27,069 Total purchase price $ 33,821 $ 83,745 $ 117,566 Identifiable assets acquired: Cash and due from banks $ 46,158 $ - $ 46,158 Federal funds sold 120 - 120 Securities, AFS, at fair value 12,112 - 12,112 Restricted securities 183 - 183 Loans, net of ALLL 193,664 81,636 275,300 Bank premises and equipment 3,471 172 3,643 Accrued interest receivable 1,561 143 1,704 OREO 2,137 - 2,137 BOLI 5,852 - 5,852 Other assets 4,259 - 4,259 Total identifiable assets acquired $ 269,517 $ 81,951 $ 351,468 Identifiable liabilities assumed: Demand deposits & savings accounts $ 184,535 $ - $ 184,535 Time deposits 52,246 - 52,246 Accrued expenses and other liabilities 1,132 - 1,132 Total identifiable liabilities assumed $ 237,913 $ - $ 237,913 Net identifiable assets acquired at fair value $ 31,604 $ 81,951 $ 113,555 Goodwill resulting from acquisitions $ 2,217 $ 1,794 $ 4,011
Business Acquisition, Pro Forma Information [Table Text Block]	Unaudited Pro Forma Unaudited Pro Forma Nine Months Ended Nine Months Ended (Dollars in thousands, except per share amounts) September 30, 2021 September 30, 2020 Total revenues (net interest income plus noninterest income) $ 37,670 $ 36,077 Net income $ 7,849 $ 7,145 Net income per share, basic $ 1.26 $ 1.15 Net income per share, diluted $ 1.26 $ 1.15

Note 1 - General (Details Textu

Note 1 - General (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Jul. 01, 2021	Jun. 30, 2020	Sep. 30, 2021	Dec. 31, 2020		Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Financing Receivable, Deferred Payments	$ 0			$ 0			$ 0	$ 0	$ 0
Financing Receivable, Modifications, Interest Only Payments	13,300			13,300				13,300
Loans and Leases Receivable, Net Amount, Total	816,977			816,977	$ 622,429	[1]		816,977
Business Combination, Consideration Transferred, Total								117,566
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	351,468			351,468				351,468
The Bank of Fincastle [Member]
Business Combination, Consideration Transferred, Total		$ 33,821
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		$ 269,517
Smartbank [Member]
Business Combination, Consideration Transferred, Total	83,745
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	81,951			81,951				81,951
SBA CARES Act Paycheck Protection Program [Member]
Loans and Leases Receivable, Net Amount, Total	22,800			22,800				22,800
Amortization of Deferred Loan Origination Fees, Net				737			$ 247	1,800	$ 429
Loans and Leases Receivable, Deferred Income, Total	652			652				652
SBA CARES Act Paycheck Protection Program [Member] | Maturing in Second and Third Quarters of 2022 [Member]
Loans and Leases Receivable, Net Amount, Total	1,300			1,300				1,300
SBA CARES Act Paycheck Protection Program [Member] | Maturing in First and Second Quarters of 2026 [Member]
Loans and Leases Receivable, Net Amount, Total	21,500			21,500				21,500
Lodging Sector [Member]
Financing Receivable, Modifications, Interest Only Payments	11,600			11,600				11,600
Leisure Sector [Member]
Financing Receivable, Modifications, Interest Only Payments	1,700			1,700				1,700
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications, Interest Only Payments	13,200			13,200				13,200
Commercial and Industrial Loans [Member]
Financing Receivable, Modifications, Interest Only Payments	$ 83,000			$ 83,000				$ 83,000
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	9 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Weighted Average Re-pricing Term (Year)	5 years 3 months 18 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	42	7
Available-for-Sale Securities, Number of Securities	123	101
Municipal Bonds [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	2	1
Available-for-Sale Securities, Number of Securities	4	84
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	25
Available-for-Sale Securities, Number of Securities	110

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Amortized cost, available for sale securities	$ 265,463	$ 136,355
Gross unrealized gains, available for sale securities	2,787	3,952
Gross unrealized losses, available for sale securities	(1,650)	(82)
Fair value, available for sale securities	266,600	140,225	[1]
Securities held to maturity, at amortized cost (fair value, 2021, $10,262; 2020, $14,743)	10,046	14,234	[1]
Gross unrealized gains, held to maturity securities	218	509
Gross unrealized losses, held to maturity securities	(2)	0
Securities, fair value	10,262	14,743	[1]
Amortized cost, held to maturity securities	10,046	14,234	[1]
Fair value, held to maturity securities	10,262	14,743	[1]
Amortized cost	275,509	150,589
Gross unrealized gains	3,005	4,461
Gross unrealized losses	(1,652)	(82)
Total securities, fair value	276,862	154,968
US Treasury Securities [Member]
Amortized cost, available for sale securities	19,951
Gross unrealized gains, available for sale securities	63
Gross unrealized losses, available for sale securities	(38)
Fair value, available for sale securities	19,976
US Agency and Mortgage-backed Securities [Member]
Amortized cost, available for sale securities	172,782	98,848
Gross unrealized gains, available for sale securities	1,713	2,830
Gross unrealized losses, available for sale securities	(1,234)	(80)
Fair value, available for sale securities	173,261	101,598
Securities held to maturity, at amortized cost (fair value, 2021, $10,262; 2020, $14,743)	7,301	9,588
Gross unrealized gains, held to maturity securities	117	264
Gross unrealized losses, held to maturity securities	(2)	0
Securities, fair value	7,416	9,852
Amortized cost, held to maturity securities	7,301	9,588
Fair value, held to maturity securities	7,416	9,852
US States and Political Subdivisions Debt Securities [Member]
Amortized cost, available for sale securities	70,703	37,507
Gross unrealized gains, available for sale securities	1,002	1,122
Gross unrealized losses, available for sale securities	(378)	(2)
Fair value, available for sale securities	71,327	38,627
Securities held to maturity, at amortized cost (fair value, 2021, $10,262; 2020, $14,743)	2,745	3,146
Gross unrealized gains, held to maturity securities	101	140
Gross unrealized losses, held to maturity securities	0	0
Securities, fair value	2,846	3,286
Amortized cost, held to maturity securities	2,745	3,146
Fair value, held to maturity securities	2,846	3,286
Corporate Debt Securities [Member]
Securities held to maturity, at amortized cost (fair value, 2021, $10,262; 2020, $14,743)	2,027	1,500
Gross unrealized gains, held to maturity securities	9	105
Gross unrealized losses, held to maturity securities	0	0
Securities, fair value	2,036	1,605
Amortized cost, held to maturity securities	2,027	1,500
Fair value, held to maturity securities	$ 2,036	$ 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 ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Less than 12 months, fair value, available for sale securities	$ 145,767	$ 18,387
Less than 12 months, unrealized (loss), available for sale securities	(1,650)	(82)
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	145,767	18,387
Total, unrealized (loss), available for sale securities	(1,650)	(82)
Less than 12 months, fair value, held to maturity securities	0	0
Less than 12 months, fair value, held to maturity securities	0	0
12 months or more, fair value, held to maturity securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, held to maturity securities	0	0
Total, unrealized (loss), held to maturity securities	0	0
Less than 12 months, fair value	145,767	18,387
Less than 12 months, fair value,	(1,650)	(82)
12 months or more, fair value	0	0
12 months or more, unrealized (loss)	0	0
Total, fair value	145,767	18,387
Total, unrealized (loss)	(1,650)	(82)
US Treasury Securities [Member]
Less than 12 months, fair value, available for sale securities	9,934
Less than 12 months, unrealized (loss), available for sale securities	(38)
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	9,934
Total, unrealized (loss), available for sale securities	(38)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	110,631	17,367
Less than 12 months, unrealized (loss), available for sale securities	(1,234)	(80)
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	110,631	17,367
Total, unrealized (loss), available for sale securities	(1,234)	(80)
Less than 12 months, fair value, held to maturity securities	0	0
Less than 12 months, fair value, held to maturity securities	0	0
12 months or more, fair value, held to maturity securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, held to maturity securities	0	0
Total, unrealized (loss), held to maturity securities	0	0
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value, available for sale securities	25,202	1,020
Less than 12 months, unrealized (loss), available for sale securities	(378)	(2)
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	25,202	1,020
Total, unrealized (loss), available for sale securities	(378)	(2)
Less than 12 months, fair value, held to maturity securities	0	0
Less than 12 months, fair value, held to maturity securities	0	0
12 months or more, fair value, held to maturity securities	0	0
12 months or more, unrealized (loss), available for sale securities	0	0
Total, fair value, held to maturity securities	0	0
Total, unrealized (loss), held to maturity securities	$ 0	$ 0

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Due within one year, amortized cost, available for sale securities	$ 2,765
Due within one year, fair value, available for sale securities	2,781
Due within one year, amortized cost, held to maturity securities	2,410
Due within one year, fair value, held to maturity securities	2,418
Due after one year through five years, amortized cost, available for sale securities	15,905
Due after one year through five years, fair value, available for sale securities	16,002
Due after one year through five years, amortized cost, held to maturity securities	2,335
Due after one year through five years, fair value, held to maturity securities	2,432
Due after five years through ten years, amortized cost, available for sale securities	62,654
Due after five years through ten years, fair value, available for sale securities	63,525
Due after five years through ten years, amortized cost, held to maturity securities	1,552
Due after five years through ten years, fair value, held to maturity securities	1,599
Due after ten years, amortized cost, available for sale securities	184,139
Due after ten years, fair value, available for sale securities	184,292
Due after ten years, amortized cost, held to maturity securities	3,749
Due after ten years, fair value, held to maturity securities	3,813
Amortized cost, available for sale securities	265,463	$ 136,355
Fair value, available for sale securities	266,600	140,225	[1]
Amortized cost, held to maturity securities	10,046
Securities, fair value	$ 10,262	$ 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	Sep. 30, 2021	Dec. 31, 2020
Federal Home Loan Bank stock	$ 701	$ 818
Federal Reserve Bank stock	980	980
Community Bankers’ Bank stock	132	77
Total restricted securities	$ 1,813	$ 1,875	[1]
[1]	Derived from audited consolidated financial statements.

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums, Total	$ 1,100	$ 1,600
Loans and Leases Receivable, Gross, Total	822,411	629,914	$ 648,368
Consumer and Other Loans [Member]
Loans and Leases Receivable, Gross, Total	14,768	10,051	$ 11,102
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Loans and Leases Receivable, Gross, Total	$ 179	$ 143

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020		Sep. 30, 2020	Dec. 31, 2019
Loans	$ 822,411	$ 629,914		$ 648,368
Allowance for loan losses	(5,434)	(7,485)	[1]	(7,777)	$ (4,934)
Loans, net	816,977	622,429	[1]
Commercial and Industrial Loans [Member]
Loans	105,664	109,838		125,277
Allowance for loan losses	(709)	(784)		(908)	(562)
Consumer and Other Loans [Member]
Loans	14,768	10,051		11,102
Allowance for loan losses	(335)	(417)		(491)	(836)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	45,120	27,328		27,472
Allowance for loan losses	(281)	(306)		(302)	(464)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	294,216	235,814		234,198
Allowance for loan losses	(956)	(1,022)		(1,087)	(776)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	362,643	246,883		250,319
Allowance for loan losses	$ (3,153)	(4,956)		$ (4,989)	$ (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 - Loans Acquired

Note 3 - Loans - Loans Acquired in Business Combinations (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020		Sep. 30, 2020
Outstanding principal balance	$ 822,411	$ 629,914		$ 648,368
Carrying amount	816,977	622,429	[1]
Real Estate 1 [Member] | Construction and Land Development [Member]
Outstanding principal balance	45,120	27,328		27,472
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Outstanding principal balance	294,216	235,814		234,198
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Outstanding principal balance	362,643	246,883		250,319
Commercial and Industrial Loans [Member]
Outstanding principal balance	105,664	109,838		125,277
Consumer and Other Loans [Member]
Outstanding principal balance	14,768	$ 10,051		$ 11,102
Financial Asset Acquired and No Credit Deterioration [Member]
Outstanding principal balance	244,054
Carrying amount	240,597
Financial Asset Acquired and No Credit Deterioration [Member] | Real Estate 1 [Member] | Construction and Land Development [Member]
Carrying amount	20,264
Financial Asset Acquired and No Credit Deterioration [Member] | Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Carrying amount	58,570
Financial Asset Acquired and No Credit Deterioration [Member] | Real Estate 1 [Member] | Other Real Estate Loans [Member]
Carrying amount	115,514
Financial Asset Acquired and No Credit Deterioration [Member] | Commercial and Industrial Loans [Member]
Carrying amount	39,597
Financial Asset Acquired and No Credit Deterioration [Member] | Consumer and Other Loans [Member]
Carrying amount	$ 6,652
[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	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Loans	$ 822,411	$ 629,914	$ 648,368
Non-accrual loans	2,158	6,714
Accruing loans past due 90 days or more amounted	7	302
Financial Asset, 30 to 59 Days Past Due [Member]
Loans	2,037	824
Financial Asset, 60 to 89 Days Past Due [Member]
Loans	670	297
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	262	461
Financial Asset, Past Due [Member]
Loans	2,969	1,582
Financial Asset, Not Past Due [Member]
Loans	819,442	628,332
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	45,120	27,328	27,472
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	178	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	178	67
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Not Past Due [Member]
Loans	44,942	27,261
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	294,216	235,814	234,198
Non-accrual loans	470	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	1,898	657
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	289	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	137	324
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Past Due [Member]
Loans	2,324	1,106
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Not Past Due [Member]
Loans	291,892	234,708
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	362,643	246,883	250,319
Non-accrual loans	153	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	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	131
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	122	133
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Past Due [Member]
Loans	122	264
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	362,521	246,619
Commercial and Industrial Loans [Member]
Loans	105,664	109,838	125,277
Non-accrual loans	1,535	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	92	104
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	196	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	288	104
Commercial and Industrial Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	105,376	109,734
Consumer and Other Loans [Member]
Loans	14,768	10,051	$ 11,102
Non-accrual loans	0	0
Accruing loans past due 90 days or more amounted	7	4
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	47	16
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	7	21
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	3	4
Consumer and Other Loans [Member] | Financial Asset, Past Due [Member]
Loans	57	41
Consumer and Other Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	$ 14,711	$ 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	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Loans	$ 822,411	$ 629,914	$ 648,368
Pass [Member]
Loans	819,934	621,806
Special Mention [Member]
Loans	0	0
Substandard [Member]
Loans	2,477	8,108
Doubtful [Member]
Loans	0	0
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	45,120	27,328	27,472
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans	45,120	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	294,216	235,814	234,198
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans	293,427	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	789	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	362,643	246,883	250,319
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans	362,490	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	153	4,442
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans	0	0
Commercial and Industrial Loans [Member]
Loans	105,664	109,838	125,277
Commercial and Industrial Loans [Member] | Pass [Member]
Loans	104,129	107,383
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans	0	0
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans	1,535	2,455
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans	0	0
Consumer and Other Loans [Member]
Loans	14,768	10,051	$ 11,102
Consumer and Other Loans [Member] | Pass [Member]
Loans	14,768	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			9 Months Ended
	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Financing Receivable, Troubled Debt Restructuring	$ 1,700	$ 6,000		$ 1,700
Financing Receivable, Modifications, Number of Contracts	0		0
Financing Receivable, Deferred Payments	$ 0		$ 0	0	$ 0
Financing Receivable, Modifications, Interest Only Payments	13,300			13,300
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		$ 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	9 Months Ended			12 Months Ended
	Sep. 30, 2021		Sep. 30, 2020	Dec. 31, 2020
Beginning balance	$ 7,485	[1]	$ 4,934	$ 4,934
Charge-offs	(1,262)		(619)	(784)
Recoveries	211		262	335
(Recovery of) provision for loan losses	(1,000)		3,200	3,000
Ending balance	5,434		7,777	7,485	[1]
Individually evaluated for impairment, allowance	84		2,289	2,223
Collectively evaluated for impairment, allowance	5,350		5,488	5,262
Loans	822,411		648,368	629,914
Individually evaluated for impairment, loans	2,158		6,974	6,714
Collectively evaluated for impairment, loans	820,253		641,394	623,200
Real Estate 1 [Member] | Construction and Land Development [Member]
Beginning balance	306		464	464
Charge-offs	0		0	0
Recoveries	0		2	2
(Recovery of) provision for loan losses	(25)		(164)	(160)
Ending balance	281		302	306
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	281		302	306
Loans	45,120		27,472	27,328
Individually evaluated for impairment, loans	0		283	276
Collectively evaluated for impairment, loans	45,120		27,189	27,052
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Beginning balance	1,022		776	776
Charge-offs	(15)		0	0
Recoveries	46		6	8
(Recovery of) provision for loan losses	(97)		305	238
Ending balance	956		1,087	1,022
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	956		1,087	1,022
Loans	294,216		234,198	235,814
Individually evaluated for impairment, loans	470		469	449
Collectively evaluated for impairment, loans	293,746		233,729	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	2		2	2
(Recovery of) provision for loan losses	(813)		2,691	2,658
Ending balance	3,153		4,989	4,956
Individually evaluated for impairment, allowance	0		2,108	2,065
Collectively evaluated for impairment, allowance	3,153		2,881	2,891
Loans	362,643		250,319	246,883
Individually evaluated for impairment, loans	153		4,674	4,441
Collectively evaluated for impairment, loans	362,490		245,645	242,442
Commercial and Industrial Loans [Member]
Beginning balance	784		562	562
Charge-offs	0		(69)	(69)
Recoveries	6		17	18
(Recovery of) provision for loan losses	(81)		398	273
Ending balance	709		908	784
Individually evaluated for impairment, allowance	84		181	158
Collectively evaluated for impairment, allowance	625		727	626
Loans	105,664		125,277	109,838
Individually evaluated for impairment, loans	1,535		1,548	1,548
Collectively evaluated for impairment, loans	104,129		123,729	108,290
Consumer and Other Loans [Member]
Beginning balance	417		836	836
Charge-offs	(255)		(550)	(715)
Recoveries	157		235	305
(Recovery of) provision for loan losses	16		(30)	(9)
Ending balance	335		491	417
Individually evaluated for impairment, allowance	0		0	0
Collectively evaluated for impairment, allowance	335		491	417
Loans	14,768		11,102	10,051
Individually evaluated for impairment, loans	0		0	0
Collectively evaluated for impairment, loans	$ 14,768		$ 11,102	$ 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	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Impaired loans, unpaid principal balance	$ 2,433	$ 7,149	$ 6,967
Impaired loans, recorded investment with no allowance	623	1,113	896
Impaired loans, recorded investment with allowance	1,535	5,861	5,818
Impaired loans, total recorded investment	2,158	6,974	6,714
Impaired loans, related allowance	84	2,289	2,223
Impaired loans, average recorded investment	5,400	2,882	3,877
Impaired loans, interest income recognized	4	187	187
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance	0	325	325
Impaired loans, recorded investment with no allowance	0	283	276
Impaired loans, recorded investment with allowance	0	0	0
Impaired loans, total recorded investment	0	283	276
Impaired loans, related allowance	0	0	0
Impaired loans, average recorded investment	273	366	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	611	578	568
Impaired loans, recorded investment with no allowance	470	469	449
Impaired loans, recorded investment with allowance	0	0	0
Impaired loans, total recorded investment	470	469	449
Impaired loans, related allowance	0	0	0
Impaired loans, average recorded investment	420	536	517
Impaired loans, interest income recognized	3	1	1
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	167	4,698	4,492
Impaired loans, recorded investment with no allowance	153	361	171
Impaired loans, recorded investment with allowance	0	4,313	4,270
Impaired loans, total recorded investment	153	4,674	4,441
Impaired loans, related allowance	0	2,108	2,065
Impaired loans, average recorded investment	3,159	1,974	2,623
Impaired loans, interest income recognized	1	109	109
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance	1,655	1,548	1,582
Impaired loans, recorded investment with no allowance	0	0	0
Impaired loans, recorded investment with allowance	1,535	1,548	1,548
Impaired loans, total recorded investment	1,535	1,548	1,548
Impaired loans, related allowance	84	181	158
Impaired loans, average recorded investment	1,548	6	393
Impaired loans, interest income recognized	$ 0	$ 77	$ 77

Note 5 - Other Real Estate Ow_3

Note 5 - Other Real Estate Owned (OREO) (Details Textual) - USD ($) $ in Thousands	Jul. 01, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Other Real Estate, Ending Balance		$ 1,848		$ 0	[1]
Mortgage Loans in Process of Foreclosure, Amount		0
Other Real Estate, Additions		2,137		0
Other Real Estate Owned, Expenses		$ 21	$ 0	0
The Bank of Fincastle [Member]
Other Real Estate, Additions	$ 2,100
Residential Real Estate Properties [Member]
Other Real Estate, Ending Balance			$ 0	$ 0
Real Estate and Building Formerly Used as Bank Premises [Member] | The Bank of Fincastle [Member]
Other Real Estate, Additions	$ 1,800
[1]	Derived from audited consolidated financial statements.

Note 5 - Other Real Estate Ow_4

Note 5 - Other Real Estate Owned (OREO) - Changes in Balance for OREO (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Balance at the beginning of year, gross	$ 0	$ 0	$ 0
Transfers in	130	0	0
Acquired in merger	2,137		0
Sales proceeds	(288)		0
Gain on disposition	8	$ 0	0
Balance at the end of period, gross	1,987		0
Less: valuation allowance	(139)		0
Balance at the end of period, net	$ 1,848		$ 0	[1]
[1]	Derived from audited consolidated financial statements.

Note 6 - Other Borrowings (Deta

Note 6 - Other Borrowings (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Line of Credit Facility, Remaining Borrowing Capacity	$ 229,000	$ 237,700
Percentage of Assets, Maximum Borrowing Capacity from FHLB	19.00%
Loans Pledged as Collateral	$ 216,300	221,100
Federal Home Loan Bank Stock	701	818
Advances from Federal Home Loan Banks, Total	0	$ 0
FHLB Loans [Member]
Line of Credit Facility, Remaining Borrowing Capacity	159,400
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)	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Capital Conservation Buffer, Percentage	2.50%	2.50%
Capital Conservation Buffer Percentage, Maintained at Bank	6.42%	7.82%

Note 7 - Capital Requirements -

Note 7 - Capital Requirements - Comparison of Capital of Company and Bank with Minimum Regulatory Guidelines (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Total Capital (to Risk-Weighted Assets), actual amount	$ 128,197	$ 91,243
Total Capital (to Risk-Weighted Assets), actual ratio	0.1442	0.1582
Total Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 71,108	$ 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	$ 88,885	$ 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	$ 122,763	$ 84,032
Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1381	0.1457
Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 53,331	$ 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	$ 71,108	$ 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	$ 122,763	$ 84,032
Common Equity Tier 1 Capital (to Risk-Weighted Assets), actual ratio	0.1381	0.1457
Common Equity Tier 1 Capital (to Risk-Weighted Assets), minimum capital requirement amount	$ 39,998	$ 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	$ 57,775	$ 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	$ 122,763	$ 84,032
Tier 1 Capital (to Average Assets), actual ratio	0.0922	0.0880
Tier 1 Capital (to Average Assets), minimum capital requirement amount	$ 53,274	$ 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	$ 66,593	$ 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	Sep. 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		$ 7	$ 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	Sep. 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			1.73%	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	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)
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		$ 706	$ 449
Supplemental Employee Retirement Plan [Member]
Defined Contribution Plan, Cost		$ 197	$ 198
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	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	0	9,632

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 2,398	$ 1,754	$ 8,176	$ 5,702
Weighted average shares outstanding – basic (in shares)	6,220,456	4,854,144	5,322,696	4,884,805
Potentially dilutive common shares – restricted stock units (in shares)	9,068	505	7,243	1,863
Weighted average shares outstanding – diluted (in shares)	6,229,524	4,854,649	5,329,939	4,886,668
Basic (in dollars per share)	$ 0.39	$ 0.36	$ 1.54	$ 1.17
Diluted (in dollars per share)	$ 0.38	$ 0.36	$ 1.53	$ 1.17

Note 12 - Fair Value Measurem_3

Note 12 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 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	Sep. 30, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 266,600	$ 140,225	[1]
Fair Value, Recurring [Member]
Fair value, available for sale securities	266,600	140,225
Derivatives - cash flow hedges	990	431
Assets, Fair Value	267,590	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	266,600	140,225
Derivatives - cash flow hedges	990	431
Assets, Fair Value	267,590	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	19,976
US Treasury Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	19,976
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	19,976
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	173,261	101,598
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	173,261	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	173,261	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, Recurring [Member]
Fair value, available for sale securities	71,327	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	71,327	38,627
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	0	$ 0
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	2,036
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities	0
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	2,036
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	$ 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	Sep. 30, 2021	Dec. 31, 2020
Assets, Fair Value	$ 1,451	$ 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	$ 1,451	$ 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		Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Assets, Fair Value		$ 1,451	$ 3,595
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		$ 1,451	$ 3,595
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Cost to Sell [Member]
Measurement input	[1]	0.0650	0.1000
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Discount Rate [Member]
Measurement input	[1]		0.0650
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Property Appraisals [Member]
Assets, Fair Value		$ 1,451	$ 2,205
Fair Value, Inputs, Level 3 [Member] | Valuation Technique, Discounted Cash Flow [Member]
Assets, Fair Value			$ 1,390
[1]	Unobservable inputs were weighted by the relative fair value of the instruments

Note 12 - Fair Value Measurem_7

Note 12 - Fair Value Measurements - Carrying Values and Estimated Values of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair value, available for sale securities	$ 266,600	$ 140,225	[1]
Securities held to maturity	10,046
Restricted securities	1,813	1,875	[1]
Bank owned life insurance	24,141	17,916	[1]
Reported Value Measurement [Member]
Cash and short-term investments	195,230	127,297
Fair value, available for sale securities	266,600	140,225
Securities held to maturity	10,046	14,234
Restricted securities	1,813	1,875
Loans, net	816,977	622,429
Bank owned life insurance	24,141	17,916
Accrued interest receivable	3,823	2,717
Derivatives - cash flow hedges	990	431
Deposits	1,212,570	842,461
Subordinated debt	9,993	9,991
Junior subordinated debt	9,279	9,279
Accrued interest payable	232	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member]
Cash and short-term investments	195,230	127,297
Fair value, available for sale securities	266,600	140,225
Securities held to maturity	10,262	14,743
Restricted securities	1,813	1,875
Loans, net	823,227	633,638
Bank owned life insurance	24,141	17,916
Accrued interest receivable	3,823	2,717
Derivatives - cash flow hedges	990	431
Deposits	1,212,831	843,418
Subordinated debt	10,935	10,304
Junior subordinated debt	10,824	10,364
Accrued interest payable	232	134
Loans held for sale		245
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and short-term investments	195,230	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	266,600	140,225
Securities held to maturity	10,262	13,138
Restricted securities	1,813	1,875
Loans, net	0	0
Bank owned life insurance	24,141	17,916
Accrued interest receivable	3,823	2,717
Derivatives - cash flow hedges	990	431
Deposits	1,064,150	742,264
Subordinated debt	0	0
Junior subordinated debt	0	0
Accrued interest payable	232	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	823,227	633,638
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Derivatives - cash flow hedges	0	0
Deposits	148,681	101,154
Subordinated debt	10,935	10,304
Junior subordinated debt	10,824	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) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	May 13, 2014
Board of Directors [Member]
Share-based Payment Arrangement, Expense	$ 0	$ 0
Restricted Stock Units (RSUs) [Member]
Share-based Payment Arrangement, Expense	$ 300	$ 168
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	16,094
Share-based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 290
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)	7,040
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]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Unvested, beginning of year (in shares) | shares	15,858
Unvested, beginning of year, weighted average grant date fair value (in dollars per share) | $ / shares	$ 20.40
Granted, shares (in shares) | shares	16,094
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 17.88
Vested, shares (in shares) | shares	(8,073)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 19.84
Forfeited, shares (in shares) | shares	(98)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 18.41
Unvested, end of period (in shares) | shares	23,781
Unvested, end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 18.89

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021		Sep. 30, 2020
Balance	$ 88,682	$ 80,788	$ 84,916	[1]	$ 77,219
Reclassification adjustment	0	(30)	(29)		(30)
Change in fair value of cash flow hedges, net of tax	80	131	442		106
Total other comprehensive (loss) income	(718)	127	(1,718)		2,708
Balance	116,906	82,256	116,906		82,256
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Balance	1,696	3,330	3,058		724
Unrealized holding gains, net of tax	(798)	26	(2,131)		2,632
Reclassification adjustment		(30)	(29)		(30)
Change in fair value of cash flow hedges, net of tax	0	0	0		0
Total other comprehensive (loss) income	(798)	(4)	(2,160)		2,602
Balance	898	3,326	898		3,326
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	702	(25)	340		0
Unrealized holding gains, net of tax	0	0	0		0
Reclassification adjustment		0	0		0
Change in fair value of cash flow hedges, net of tax	80	131	442		106
Total other comprehensive (loss) income	80	131	442		106
Balance	782	106	782		106
AOCI Attributable to Parent [Member]
Balance	2,398	3,305	3,398		724
Unrealized holding gains, net of tax	(798)	26	(2,131)		2,632
Reclassification adjustment		(30)	(29)		(30)
Change in fair value of cash flow hedges, net of tax	80	131	442		106
Total other comprehensive (loss) income	(718)	127	(1,718)		2,708
Balance	$ 1,680	$ 3,432	$ 1,680		$ 3,432
[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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Reclassification adjustment, tax	$ 0	$ 8	$ 8	$ 8
Change in fair value of cash flow hedges, tax	21	34	117	28
AOCI Attributable to Parent [Member]
Unrealized holding gains, tax	211	8	(565)	700
Reclassification adjustment, tax		(8)	(8)	(8)
Change in fair value of cash flow hedges, tax	$ 21	$ 34	$ 117	$ 28

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Related income tax expense	$ 562	$ 386	$ 2,089	$ 1,290
Total reclassifications	2,398	1,754	8,176	5,702
Reclassification out of Accumulated Other Comprehensive Income [Member]
Net securities gains reclassified into earnings	0	(38)	(37)	(38)
Related income tax expense	0	8	8	8
Total reclassifications	$ 0	$ (30)	$ (29)	$ (30)

Note 15 - Revenue Recognition -

Note 15 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Noninterest income	$ 2,430	$ 2,011	$ 6,495	$ 5,590
Noninterest income (out-of-scope of Topic 606)	218	190	731	492
Total noninterest income	2,648	2,201	7,226	6,082
Service Charges on Deposit Accounts [Member]
Noninterest income	547	446	1,436	1,475
ATM and Check Card Fees [Member]
Noninterest income	753	669	2,036	1,738
Wealth Management Fees [Member]
Noninterest income	696	573	1,996	1,610
Fees for Other Customer Services [Member]
Noninterest income	$ 434	$ 323	$ 1,027	$ 767

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	Sep. 30, 2021USD ($)
Notional amount	$ 9,000
Derivative Assets	990
Derivative liabilities	0
Interest rate swap contracts	$ 0	[1]
[1]	Collateral pledged may be comprised of cash or securities.

Note 17 - Acquisitions (Details

Note 17 - Acquisitions (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2021	Jul. 01, 2021	Sep. 30, 2021	Mar. 31, 2022	Sep. 30, 2021	Mar. 31, 2022	Jun. 30, 2021	Dec. 31, 2020	[1]
Business Combination, Consideration Transferred, Total					$ 117,566
Payments to Acquire Businesses, Gross					90,497
Assets, Total	$ 1,355,789		$ 1,355,789		1,355,789			$ 950,932
Loans and Leases Receivable, Net Amount, Total	816,977		816,977		816,977			622,429
Deposits, Total	1,212,570		1,212,570		1,212,570			$ 842,461
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	351,468		351,468		351,468
The Bank of Fincastle [Member]
Assets, Total							$ 267,900
Loans and Leases Receivable, Net Amount, Total							194,500
Deposits, Total							$ 236,300
The Bank of Fincastle [Member]
Business Combination, Consideration Transferred, Total		$ 33,821
Payments to Acquire Businesses, Gross		$ 6,752
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)		1,348,065
Business Combination, Acquisition Related Costs	2,000		1,300		2,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total		$ 269,517
The Bank of Fincastle [Member] | Forecast [Member]
Business Combination, Acquisition Related Costs				$ 1,400		$ 3,400
Smartbank [Member]
Business Combination, Consideration Transferred, Total	83,745
Payments to Acquire Businesses, Gross	83,745
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total	$ 81,951		$ 81,951		$ 81,951
[1]	Derived from audited consolidated financial statements.

Note 17 - Acquisitions - Consid

Note 17 - Acquisitions - Consideration Paid and the Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jul. 01, 2021	Sep. 30, 2021	Dec. 31, 2020	[1]
Cash paid			$ 90,497
Common stock issued			27,069
Total purchase price			117,566
Cash and due from banks	$ 46,158		46,158
Federal funds sold	120		120
Securities, AFS, at fair value	12,112		12,112
Restricted securities	183		183
Loans, net of ALLL	275,300		275,300
Bank premises and equipment	3,643		3,643
Accrued interest receivable	1,704		1,704
OREO	2,137		2,137
BOLI	5,852		5,852
Other assets	4,259		4,259
Total identifiable assets acquired	351,468		351,468
Demand deposits & savings accounts	184,535		184,535
Time deposits	52,246		52,246
Accrued expenses and other liabilities	1,132		1,132
Total identifiable liabilities assumed	237,913		237,913
Net identifiable assets acquired at fair value	113,555		113,555
Goodwill resulting from acquisitions	4,011		4,011	$ 0
The Bank of Fincastle [Member]
Cash paid		$ 6,752
Common stock issued		27,069
Total purchase price		33,821
Cash and due from banks		46,158
Federal funds sold		120
Securities, AFS, at fair value		12,112
Restricted securities		183
Loans, net of ALLL		193,664
Bank premises and equipment		3,471
Accrued interest receivable		1,561
OREO		2,137
BOLI		5,852
Other assets		4,259
Total identifiable assets acquired		269,517
Demand deposits & savings accounts		184,535
Time deposits		52,246
Accrued expenses and other liabilities		1,132
Total identifiable liabilities assumed		237,913
Net identifiable assets acquired at fair value		31,604
Goodwill resulting from acquisitions		$ 2,217
Smartbank [Member]
Cash paid	83,745
Common stock issued	0
Total purchase price	83,745
Cash and due from banks	0		0
Federal funds sold	0		0
Securities, AFS, at fair value	0		0
Restricted securities	0		0
Loans, net of ALLL	81,636		81,636
Bank premises and equipment	172		172
Accrued interest receivable	143		143
OREO	0		0
BOLI	0		0
Other assets	0		0
Total identifiable assets acquired	81,951		81,951
Demand deposits & savings accounts	0		0
Time deposits	0		0
Accrued expenses and other liabilities	0		0
Total identifiable liabilities assumed	0		0
Net identifiable assets acquired at fair value	81,951		81,951
Goodwill resulting from acquisitions	$ 1,794		$ 1,794
[1]	Derived from audited consolidated financial statements.

Note 17 - Acquisitions - Unaudi

Note 17 - Acquisitions - Unaudited Pro Forma Amounts (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Total revenues (net interest income plus noninterest income)	$ 37,670	$ 36,077
Net income	$ 7,849	$ 7,145
Net income per share, basic (in dollars per share)	$ 1.26	$ 1.15
Net income per share, diluted (in dollars per share)	$ 1.26	$ 1.15