First National (FXNC) 10-Q 13 Nov 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 03, 2023
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	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
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		6,260,934

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 17,168	$ 20,784
Interest-bearing deposits in banks	32,931	46,130
Securities available for sale, at fair value	148,175	162,907
Securities held to maturity, at amortized cost (net of allowance for credit losses of $131 at September 30, 2023)	149,948	153,158
Restricted securities, at cost	2,077	1,908
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	943,603	913,077
Other real estate owned, net of valuation allowance	0	184
Premises and equipment, net	21,363	21,876
Accrued interest receivable	4,502	4,543
Bank owned life insurance	24,734	24,531
Goodwill	3,030	3,030
Core deposit intangibles, net	122	136
Other assets	18,567	17,119
Total assets	1,366,220	1,369,383
Liabilities
Noninterest-bearing demand deposits	403,774	427,344
Savings and interest-bearing demand deposits	646,980	677,139
Time deposits	184,419	136,849
Total deposits	1,235,173	1,241,332
Subordinated debt, net of issuance cost	4,997	4,995
Junior subordinated debt	9,279	9,279
Accrued interest payable and other liabilities	4,792	5,417
Total liabilities	1,254,241	1,261,023
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, 2023, 6,260,934 shares; 2022, 6,264,912 shares	7,826	7,831
Surplus	32,840	32,716
Retained earnings	95,988	90,284
Accumulated other comprehensive loss, net	(24,675)	(22,471)
Total shareholders’ equity	111,979	108,360
Total liabilities and shareholders’ equity	$ 1,366,220	$ 1,369,383

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Held-to-Maturity, Allowance for Credit Loss	$ 131	$ 0
Allowance for Credit Loss	$ 8,896	$ 7,446
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)	6,260,934	6,264,912
Common stock, shares outstanding (in shares)	6,260,934	6,264,912

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest and Dividend Income
Interest and fees on loans	$ 12,640	$ 10,759	$ 36,038	$ 30,218
Interest on deposits in banks	338	380	1,441	701
Interest and dividends on securities:
Taxable interest	1,323	1,323	3,968	3,750
Tax-exempt interest	304	307	917	921
Dividends	26	23	81	65
Total interest and dividend income	14,631	12,792	42,445	35,655
Interest Expense
Interest on deposits	3,810	927	9,428	1,680
Interest on subordinated debt	69	70	207	208
Interest on junior subordinated debt	69	68	203	202
Interest on other borrowings	0	0	3	0
Total interest expense	3,948	1,065	9,841	2,090
Net interest income	10,683	11,727	32,604	33,565
Provision for credit losses	100	200	200	600
Net interest income after provision for credit losses	10,583	11,527	32,404	32,965
Noninterest Income
Noninterest income	2,855	2,614	8,092	7,604
Income from bank owned life insurance	175	166	459	441
Other operating income	198	247	623	473
Total noninterest income	3,053	3,027	8,715	8,518
Noninterest Expense
Salaries and employee benefits	5,505	5,174	16,040	15,384
Occupancy	534	539	1,586	1,656
Equipment	598	546	1,756	1,725
Marketing	204	211	720	585
Supplies	128	117	423	384
Legal and professional fees	439	361	1,204	1,075
ATM and check card expense	440	332	1,265	982
FDIC assessment	161	109	479	393
Bank franchise tax	262	238	778	692
Data processing expense	266	243	720	700
Amortization expense	5	6	14	15
Other real estate owned (income) expense, net	15	14	(201)	83
Other operating expense	1,227	1,193	3,358	2,971
Total noninterest expense	9,784	9,083	28,142	26,645
Income before income taxes	3,852	5,471	12,977	14,838
Income tax expense	731	1,017	2,502	2,820
Net income	$ 3,121	$ 4,454	$ 10,475	$ 12,018
Earnings per common share
Basic (in dollars per share)	$ 0.5	$ 0.71	$ 1.67	$ 1.92
Diluted (in dollars per share)	$ 0.5	$ 0.71	$ 1.67	$ 1.92
Deposit Account [Member]
Noninterest Income
Noninterest income	$ 733	$ 708	$ 2,062	$ 2,015
Credit and Debit Card [Member]
Noninterest Income
Noninterest income	976	915	2,624	2,462
Asset Management [Member]
Noninterest Income
Noninterest income	811	739	2,336	2,302
Financial Service, Other [Member]
Noninterest Income
Noninterest income	122	180	538	601
Mortgage Banking [Member]
Noninterest Income
Noninterest income	$ 38	$ 72	$ 73	$ 224

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net income	$ 3,121	$ 4,454	$ 10,475	$ 12,018
Other comprehensive income (loss), net of tax,
Unrealized holding (losses) gains on available for sale securities, net of tax ($1,080) and $155 for the three months and ($925) and ($6,225) for the nine months ended September 30, 2023 and 2022, respectively	(4,063)	581	(3,480)	(23,424)
Unrealized holding losses on securities transferred from available for sale to held to maturity, net of tax ($1,605) for the three months and nine months ended September 31, 2022	0	(6,036)	0	(6,036)
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity, net of tax of $86 and $0 for the three months and $258 and $0 for the nine months ended September 30, 2023 and 2022, respectively	323	0	972	0
Change in fair value of cash flow hedges, net of tax $113 and $106 for the three months and $82 and $373 for the nine months ended September 30, 2023 and 2022, respectively	424	404	304	1,409
Total other comprehensive (loss)	(3,316)	(5,051)	(2,204)	(28,051)
Total comprehensive (loss) income	$ (195)	$ (597)	$ 8,271	$ (16,033)

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Unrealized holding gains, tax	$ (1,080)	$ 155	$ (925)	$ (6,225)
Unrealized holding losses on securities transferred from available for sale to held to maturity, tax		(1,065)		(1,065)
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Gain (Loss), before Adjustment, Amortization	86	0	258	0
Change in fair value of cash flow hedges, tax	$ 113	$ 106	$ 82	$ 373

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Cash Flows from Operating Activities
Net income	$ 3,121	$ 4,454	$ 10,475	$ 12,018
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment			1,195	1,118
Amortization of core deposit intangibles			14	14
Amortization of debt issuance costs			2	2
Provision for credit losses on loans			166	600	$ 1,850
(Recovery of) credit losses on securities held to maturity			(2)	0
Provision for credit losses on unfunded commitments			36	0
Net (gain) loss on sale of other real estate owned			(233)	33
Increase in cash value of bank owned life insurance			(459)	(441)
Accretion of discounts and amortization of premiums on securities, net			746	891
Accretion of premium on time deposits			(68)	(159)
Accretion of certain acquisition-related loan discounts, net			(510)	(1,013)
Stock-based compensation			681	728
Excess tax benefits on stock-based compensation			4	3
(Gain) loss on disposal of premises and equipment, net			(3)	4
Deferred income tax expense			323	46
Changes in assets and liabilities:
Decrease (increase) in interest receivable			41	(344)
(Increase) decrease in other assets			(284)	3,513
(Decrease) in accrued interest payable and other liabilities			(814)	(176)
Net cash provided by operating activities			11,310	16,837
Cash Flows from Investing Activities
Proceeds from maturities, calls, and principal payments of securities available for sale			9,623	21,556
Proceeds from maturities, calls, and principal payments of securities held to maturity			6,359	7,086
Purchases of securities available for sale			0	(21,147)
Purchases of restricted securities			(274)	0
Purchases of securities held to maturity			(2,092)	(54,038)
Net redemption (purchase) of restricted securities			105	(95)
Purchase of premises and equipment			(682)	(596)
Proceeds from sale of premises and equipment			3	0
Proceeds from sale of other real estate owned			417	421
Proceeds from cash value of bank owned life insurance			256	360
Net (increase) in loans			(32,368)	(80,401)
Net cash (used in) investing activities			(18,653)	(126,854)
Cash Flows from Financing Activities
Net (decrease) increase in demand deposits and savings accounts			(53,729)	29,090
Net increase (decrease) in time deposits			47,638	(11,637)
Repayment of subordinated debt			0	(5,000)
Cash dividends paid on common stock, net of reinvestment			(2,699)	(2,474)
Repurchase of common stock			(568)	0
Net cash (used in) provided by financing activities			(9,472)	9,796
Decrease in cash and cash equivalents			(16,815)	(100,221)
Cash and Cash Equivalents
Beginning			66,914	176,006	176,006
Ending	$ 50,099	$ 75,785	50,099	75,785	$ 66,914
Supplemental Disclosures of Cash Flow Information
Interest			9,405	2,285
Income taxes			2,726	2,265
Supplemental Disclosures of Noncash Investing and Financing Activities
Unrealized losses on securities available for sale			(4,405)	(29,649)
Unrealized losses on securities transferred from available for sale to held to maturity			0	(7,641)
Fair value of securities transferred from available for sale to held to maturity			0	74,416
Change in fair value of cash flow hedges			386	1,782
Transfer from premises and equipment to other real estate owned, net			0	(184)
Issuance of common stock, dividend reinvestment plan			120	152
First National Corporation 2014 Stock Incentive Plan [Member]
Cash Flows from Financing Activities
Repurchase of common stock			$ (114)	$ (183)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [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]	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]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Dec. 31, 2021																$ 7,785	$ 31,966	$ 76,990	$ 298	$ 117,039
Net income																0	0	12,018	0	12,018
Other comprehensive income (loss)																0	0	0	(28,051)	(28,051)
Cash dividends on common stock																0	0	(2,626)	0	(2,626)
Stock-based compensation																0	728	0	0	728
Issuance of common stock, dividend reinvestment plan																10	142	0	0	152
Issuance of common stock, stock incentive plan																43	(43)	0	0	0
Repurchase of 3,674 shares of common stock, stock repurchase plan											$ (10)	$ (173)	$ 0	$ 0	$ (183)
Balance at Sep. 30, 2022																7,828	32,620	86,382	(27,753)	99,077
Balance at Jun. 30, 2022																7,815	32,398	82,804	(22,702)	100,315
Net income																0	0	4,454	0	4,454
Other comprehensive income (loss)																0	0	0	(5,051)	(5,051)
Cash dividends on common stock																0	0	(876)	0	(876)
Stock-based compensation																0	187	0	0	187
Issuance of common stock, dividend reinvestment plan																4	44	0	0	48
Issuance of common stock, stock incentive plan																9	(9)	0	0	0
Balance at Sep. 30, 2022																7,828	32,620	86,382	(27,753)	99,077
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	$ 0	$ 0	$ (1,952)	$ 0	$ (1,952)
Balance at Dec. 31, 2022																7,831	32,716	90,284	(22,471)	108,360
Net income																0	0	10,475	0	10,475
Other comprehensive income (loss)																0	0	0	(2,204)	(2,204)
Cash dividends on common stock																0	0	(2,819)	0	(2,819)
Stock-based compensation																0	681	0	0	681
Issuance of common stock, dividend reinvestment plan																9	111	0	0	120
Issuance of common stock, stock incentive plan																41	(41)	0	0	0
Repurchase of 3,674 shares of common stock, stock repurchase plan											$ (8)	$ (106)	$ 0	$ 0	$ (114)	(47)	(521)	0	0	(568)
Balance at Sep. 30, 2023																7,826	32,840	95,988	(24,675)	111,979
Balance at Jun. 30, 2023																7,813	32,601	93,805	(21,359)	112,860
Net income																0	0	3,121	0	3,121
Other comprehensive income (loss)																0	0	0	(3,316)	(3,316)
Cash dividends on common stock																0	0	(938)	0	(938)
Stock-based compensation																0	274	0	0	274
Issuance of common stock, dividend reinvestment plan																3	37	0	0	40
Issuance of common stock, stock incentive plan																15	(15)	0	0	0
Repurchase of 3,674 shares of common stock, stock repurchase plan						$ (5)	$ (57)	$ 0	$ 0	$ (62)
Balance at Sep. 30, 2023																$ 7,826	$ 32,840	$ 95,988	$ (24,675)	$ 111,979

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Retained Earnings [Member]
Cash dividends on common stock, per share (in dollars per share)	$ 0.15	$ 0.14	$ 0.45	$ 0.42
Common Stock [Member]
Issuance of common stock, dividend reinvestment plan, shares (in shares)	2,295	2,733	7,047	7,853
Issuance of common stock, stock incentive plan, shares (in shares)			33,002	34,634
Stock Repurchase Plan [Member]
Repurchase of common stock shares (in shares)	3,674
First National Corporation 2014 Stock Incentive Plan [Member]
Repurchase of common stock shares (in shares)			6,495	8,283
Issuance of common stock, stock incentive plan, shares (in shares)	6,495	7,500
Repurchase of common stock shares (in shares)			37,532

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1. Basis of Presentation 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 and in accordance with guidance provided by the Securities and Exchange Commission (SEC). Accordingly, they do not September 30, 2023 and December 31, 2022 , the statements of income and comprehensive income (loss) for the three nine September 30, 2023 2022 , the cash flows for the nine September 30, 2023 2022 , and the changes in shareholders’ equity for the three nine September 30, 2023 2022 . The statements should be read in conjunction with the consolidated financial statements and related notes included in the Annual Report on Form 10 December 31, 2022 . Operating results for the three nine September 30, 2023 are not may December 31, 2023 . no Significant Accounting Policies and Estimates Application of the principles of GAAP and practices within the banking industry requires management to make estimates, assumptions, and judgements that affect the amounts reported in the financial statements and accompanying notes. These estimates, assumptions, and judgements are based on information available as of the date of the financial statements; accordingly, as this information changes, the financial statements may may Material estimates that are particularly The Company’s significant accounting policies followed in the preparation of the unaudited consolidated financial statements are disclosed in Note 1 December 31, 2022 2022 10 no December 31, 2022, Adoption of New Accounting Pronouncements ASU 2016 13: On January 1, 2023, No. 2016 13, 326 326 In addition, CECL made changes to the accounting for available for sale debt securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not not not The Company adopted ASC 326 January 1, 2023 January 1, 2023 January 1, 2023 The Company adopted ASC 326 310 30. not September 30, 2023 no The Company adopted ASC 326 January 1, 2023. December 31, 2022, not 326, not The Company elected not 90 January 1, 2023 December 31, 2022 As reported Under Pre-ASC 326 Impact of ASC (dollars in thousands) ASC 326 Adoption 326 Adoption Assets: Allowance for credit losses on held to maturity securities: Corporate securities 132 - 132 Allowance for credit losses on loans: - Construction and land development 233 546 (313 ) Secured by 1-4 family residential 2,517 1,108 1,409 Other real estate loans 5,311 3,609 1,702 Commercial and industrial loans 1,487 1,874 (387 ) Consumer and other loans 84 309 (225 ) Allowance for credit losses on loans 9,632 7,446 2,186 Liabilities: Allowance for credit losses for unfunded commitments 153 - 153 Allowance for Credit Losses – Held-to-Maturity Securities The Company estimates expected credit losses on held-to-maturity securities on an individual basis based on a Probability of Default/Loss Given Default (“PD/LGD”) methodology primarily using security-level credit ratings. The primary indicators of credit quality for the Company’s held-to-maturity portfolio are security type and credit ratings, which are influenced by a number of factors including obligor cash flow, geography, seniority, among other factors. The Company’s held-to-maturity securities with credit risk are municipal bonds and corporate debt securities. All other held-to-maturity securities are covered by the explicit or implied guarantee of the United States government or one Changes in the allowance for credit loss are recorded as provision for (or recovery of) credit losses in the Consolidated Statements of Income. The Company recorded an allowance for credit losses on held-to-maturity securities of $132 thousand upon adoption of ASC 326. three September 30, 2023 , the Company recorded a recovery of credit losses on held-to-maturity securities of $12 thousand. The allowance for credit losses on held-to-maturity securities was $131 as of September 30, 2023 . Allowance for Credit Losses – Available-for-Sale Securities Management evaluates all available-for-sale securities in an unrealized loss position on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. If the Company has the intent to sell the security or it is more likely than not If either of the above criteria is not may not Changes in the allowance for credit loss are recorded as a provision for (or recovery of) credit losses in the Consolidated Statements of Income. Losses are charged against the allowance for credit loss when management believes an available-for-sale security is confirmed to be uncollectible or when either of the criteria regarding intent or requirement to sell is met. At September 30, 2023 , there was no Accrued interest receivable on available-for-sale securities totaled $786 thousand at September 30, 2023 and was excluded from the estimate of credit losses. Allowance for Credit Losses – Loans The allowance for loan credit losses represents an amount which, in management’s judgement, is adequate to absorb the lifetime expected losses that may The Company is utilizing a discounted cash flow model to estimate its current expected credit losses. For the purposes of calculating its quantitative reserves, the Company has segmented its loan portfolio based on loans which share similar risk characteristics. Within the quantitative portion of the calculation, the Company utilizes at least one may one eight not may not not Loans that do not not not no The adoption of CECL did not Allowance for Credit Losses – Unfunded Commitments Financial Instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit issued to meet customer financing needs. The Company’s exposure to credit losses in the event of nonperformance by the other party to the financial instrument for off-balance sheet loan commitments is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records all allowance for credit losses on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancelable, through a charge to provision for (or recovery of) credit losses in the Consolidated Statement of Income. The allowances for credit losses on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit losses model using the same methodology as the loan portfolio, taking into consideration the likelihood that funding will occur as well as any third Accrued Interest Receivable The Company has elected to exclude the accrued interest from the amortized cost basis in its determination of the allowance for credit losses for both loans and held-to-maturity securities, as well as elected the policy to write-off accrued interest receivable directly through the reversal of interest income. Accrued interest receivable totaled $3.1 million on loans and $593 thousand on held-to-maturity securities at September 30, 2023 and is included in “Accrued Interest Receivable” on the Company’s Consolidated Balance Sheets. ASU 2022 01: On January 1, 2023, 2022 01, 815 2022 01 815 2017, 2017 12 one not 2022 01 2022 01 not ASU 2022 02: On January 1, 2023, 2022 02, 326 2022 02 2016 13 not Recent Accounting Pronouncements In July 2023, 2023 03, 205 220 480 505 718 No. 120, March 24, 2022 6.B, 280—General X: 2023 03 not 2023 03 In June 2022, 2022 03, 820 2022 03 not not December 15, 2023. not 2022 03 In March 2023, 2023 01, 842 December 15, 2023, not 2023 01 In March 2023, 2023 02, 323 December 15, 2023, not 2023 02

Note 2 - Securities

Note 2 - Securities	9 Months Ended
	Sep. 30, 2023
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. Treasury securities, U.S. agency and mortgage-backed securities, obligations of state and political subdivisions, and corporate debt securities. Amortized co sts, gross unrealized gains and losses, allowance for credit losses, an September 30, 2023 December 31, 2022 September 30, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Allowance for Credit Losses Securities available for sale: U.S. Treasury securities $ 12,474 $ — $ (1,361 ) $ 11,113 $ — U.S. agency and mortgage-backed securities 99,894 60 (15,660 ) 84,294 — Obligations of states and political subdivisions 64,131 4 (11,367 ) 52,768 — Total securities available for sale $ 176,499 $ 64 $ (28,388 ) $ 148,175 $ — Securities held to maturity: U.S. Treasury securities $ 38,862 $ — $ (734 ) $ 38,128 $ — U.S. agency and mortgage-backed securities 96,563 — (12,216 ) 84,347 — Obligations of states and political subdivisions 11,654 — (1,706 ) 9,948 — Corporate debt securities 3,000 — (564 ) 2,436 (131 ) Total securities held to maturity $ 150,079 $ - $ (15,220 ) $ 134,859 $ (131 ) Total securities $ 326,578 $ 64 $ (43,608 ) $ 283,034 $ (131 ) December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 12,468 $ — $ (1,239 ) $ 11,229 U.S. agency and mortgage-backed securities 109,972 95 (13,149 ) 96,918 Obligations of states and political subdivisions 64,386 4 (9,630 ) 54,760 Total securities available for sale $ 186,826 $ 99 $ (24,018 ) $ 162,907 Securities held to maturity: U.S. Treasury securities $ 38,211 $ — $ (568 ) $ 37,643 U.S. agency and mortgage-backed securities 99,374 — (9,189 ) 90,185 Obligations of states and political subdivisions 12,573 — (1,252 ) 11,321 Corporate debt securities 3,000 — (352 ) 2,648 Total securities held to maturity $ 153,158 $ — $ (11,361 ) $ 141,797 Total securities $ 339,984 $ 99 $ (35,379 ) $ 304,704 Information pertaining to securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous loss position is as follows (in thousands): September 30, 2023 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 $ — $ — $ 11,113 $ (1,361 ) $ 11,113 $ (1,361 ) U.S. agency and mortgage-backed securities 2,065 (37 ) 77,201 (15,623 ) 79,266 (15,660 ) Obligations of states and political subdivisions 7,753 (382 ) 44,511 (10,985 ) 52,264 (11,367 ) Total securities available for sale $ 9,818 $ (419 ) $ 132,825 $ (27,969 ) $ 142,643 $ (28,388 ) December 31, 2022 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 $ 9,041 $ (932 ) $ 2,188 $ (307 ) $ 11,229 $ (1,239 ) U.S. agency and mortgage-backed securities 27,282 (1,945 ) 62,342 (11,204 ) 89,624 (13,149 ) Obligations of states and political subdivisions 24,689 (2,581 ) 26,362 (7,049 ) 51,051 (9,630 ) Total securities available for sale $ 61,012 $ (5,458 ) $ 90,892 $ (18,560 ) $ 151,904 $ (24,018 ) Securities held to maturity: U.S. Treasury securities $ 19,302 $ (258 ) $ 18,342 $ (310 ) $ 37,644 $ (568 ) U.S. agency and mortgage-backed securities 58,019 (6,848 ) 32,167 (2,341 ) 90,186 (9,189 ) Obligations of states and political subdivisions 8,648 (1,008 ) 2,672 (244 ) 11,320 (1,252 ) Corporate debt securities 2,648 (352 ) — — 2,648 (352 ) Total securities held to maturity $ 88,617 $ (8,466 ) $ 53,181 $ (2,895 ) $ 141,798 $ (11,361 ) Total securities $ 149,629 $ (13,924 ) $ 144,073 $ (21,455 ) $ 293,702 $ (35,379 ) The tables above provide information about securities that have been in an unrealized loss position for less than twelve twelve Presently, the Company does not not Accrued interest receivable on securities available for sale and securities held to maturity totaled $786 thousand and $593 thousand, respectively, at September 30, 2023 . Accrued interest on debt securities is included in accrued interest receivable on the Company's consolidated balance sheets. At September 30, 2023 , there were three out of three U.S. Treasury securities, 94 out of 107 U.S. agency and mortgage-backed securities, and 97 out of 104 obligations of states and political subdivisions in an unrealized loss position. One hundred percent of the Company’s investment portfolio was considered investment grade. The weighted-ave rage a September 30, 2023 . One hundred percent of the Company’s investment portfolio was considered investment grade at December 31, 2022 . The weighted-average re-pricing term of the portfolio was 6.5 years at December 31, 2022 . The unrealized losses at September 30, 2023 in the U.S. Treasury securities portfolio, U.S. agency and mortgage-backed securities portfolio, and obligations of states and political subdivisions portfolio were related to changes in market interest rates and not On September 1, 2022, first nine 2023. may The amortized cost and fair value of securities at September 30, 2023 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 760 $ 757 $ 20,828 $ 20,642 Due after one year through five years 23,027 21,026 28,993 27,586 Due after five years through ten years 37,962 33,340 23,514 20,658 Due after ten years 114,750 93,052 76,744 65,973 $ 176,499 $ 148,175 $ 150,079 $ 134,859 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 composition of restricted securities at September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 Federal Home Loan Bank stock $ 965 $ 796 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 132 132 $ 2,077 $ 1,908 The Company also holds limited partnership investments in Small Business Investment Companies (SBICs), which are included in other assets in the Consolidated Balance Sheets. The limited partnership investments are measured as equity investments without readily determinable fair values at their cost, less any impairment. The amounts included in other assets for the limited partnership investments were $642 thousand a September 30, 2023 December 31, 2022 Credit Quality Indicators & Allowance for Credit Losses - HTM The Company monitors the credit quality of the debt securities held to maturity through the use of credit ratings from Moody's, S&P, and Egan-Jones. The Company monitors the credit ratings on a quarterly basis. The following table summarizes the amortized cost of debt securities held to maturity at September 30, 2023 , aggregated by credit quality indicators. U.S. Treasury securities U.S. agency and mortgage-backed securities Obligations of states and political subdivisions Corporate debt securities Total Held to Maturity Securities September 30, 2023 Aaa $ 38,862 $ 22,877 $ 2,812 $ — $ 64,551 Aa1 / Aa2 / Aa3 — — 8,842 — 8,842 Baa1 / Baa2 / Baa3 — — — 3,000 3,000 Not rated - Agency (1) — 73,686 — — 73,686 Total $ 38,862 $ 96,563 $ 11,654 $ 3,000 $ 150,079 December 31, 2022 Aaa $ 38,211 $ 22,706 $ 3,126 $ — $ 64,043 Aa1 / Aa2 / Aa3 — — 9,447 — 9,447 Baa1 / Baa2 / Baa3 — — — 3,000 3,000 Not rated - Agency (1) — 76,668 — — 76,668 Total $ 38,211 $ 99,374 $ 12,573 $ 3,000 $ 153,158 ________________________________________ ( 1 Generally considered not The following table summarizes the change in the allowance for credit losses on held to maturity securities for the nine September 30, 2023 . U.S. Treasury securities U.S. agency and mortgage-backed securities Obligations of states and political subdivisions Corporate debt securities Total Held to Maturity Securities Balance, December 31, 2022 $ — $ — $ — $ — $ — Adjustment for adoption of ASU 2016-13 — — — 134 134 Provision for credit losses — — — 10 10 Charge-offs of securities — — — — — Recoveries — — — (13 ) (13 ) Balance, September 30, 2023 $ — $ — $ — $ 131 $ 131 At September 30, 2023 , the Company had no 30 no September 30, 2023 .

Note 3 - Loans

Note 3 - Loans	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables, Excluding Allowance for Credit Losses [Text Block]	Note 3. Loans at September 30, 2023 December 31, 2022 September 30, 2023 December 31, 2022 Real estate loans: Construction and land development $ 50,405 $ 51,840 Secured by 1-4 family residential 340,773 331,421 Other real estate loans 433,177 418,456 Commercial and industrial loans 117,130 111,225 Consumer and other loans 11,014 7,581 Total loans $ 952,499 $ 920,523 Allowance for credit losses (8,896 ) (7,446 ) Loans, net $ 943,603 $ 913,077 Net deferred loan fees included in the above loan categor ies were $929 thousand a September 30, 2023 December 31, 2022 ed $368 thousand and $197 September 30, 2023 December 31, 2022 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 risks 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 principal balance of purchased loans is included in the allowance for credit losses calculation. The remaining net discount on purchased loans at September 30, 2023 was $2.0 million. The outstanding principal balance and the carrying amount at September 30, 2023 December 31, 2022 of loans acquired in business combinations were as follows: September 30, 2023 December 31, 2022 Acquired Loans- Acquired Loans- Non-Purchased Non-Purchased (Dollars in thousands) Credit Deteriorated Credit Deteriorated Outstanding principal balance $ 166,349 $ 187,017 Carrying amount Real estate loans: Construction and land development $ 8,450 $ 9,823 Secured by 1-4 family residential 36,405 42,915 Other real estate loans 95,313 103,521 Commercial and industrial loans 20,681 24,661 Consumer and other loans 3,472 3,560 Total acquired loans $ 164,321 $ 184,480 The following tables provide a summary of loan classes and an aging of past due loans as of September 30, 2023 December 31, 2022 September 30, 2023 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 $ — $ — $ 39 $ 39 $ 50,366 $ 50,405 $ 39 $ — Secured by 1-4 family residential 1,242 58 534 1,834 338,939 340,773 546 368 Other real estate loans — — 62 62 433,115 433,177 67 — Commercial and industrial 83 — — 83 117,047 117,130 2,464 — Consumer and other loans 10 2 2 14 11,000 11,014 — 2 Total $ 1,335 $ 60 $ 637 $ 2,032 $ 950,467 $ 952,499 $ 3,116 $ 370 December 31, 2022 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 $ 115 $ 20 $ 1,045 $ 1,180 $ 50,660 $ 51,840 $ 1,045 $ — Secured by 1-4 family residential 1,033 60 207 1,300 330,121 331,421 530 — Other real estate loans 109 — — 109 418,347 418,456 13 — Commercial and industrial 31 130 1,085 1,246 109,979 111,225 1,085 — Consumer and other loans 26 25 — 51 7,530 7,581 — — Total $ 1,314 $ 235 $ 2,337 $ 3,886 $ 916,637 $ 920,523 $ 2,673 $ — 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 table presents the Company's recorded investment in loans by credit quality indicators by year of origination as of September 30, 2023 (in thousands). September 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Revolving Total Construction and land development Pass $ 2,625 $ 3,311 $ 7,824 $ 2,613 $ 2,127 $ 3,290 $ 28,576 $ 50,366 Special Mention — — — — — — — — Substandard — — — — — 39 — 39 Doubtful — — — — — — — — Total Construction and land development $ 2,625 $ 3,311 $ 7,824 $ 2,613 $ 2,127 $ 3,329 $ 28,576 $ 50,405 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Secured by 1-4 family residential Pass $ 32,461 $ 78,044 $ 65,455 $ 42,454 $ 33,258 $ 78,826 $ 9,438 $ 339,936 Special Mention — — — — — — — — Substandard — 98 19 — — 720 — 837 Doubtful — — — — — — — — Total Secured by 1-4 family residential $ 32,461 $ 78,142 $ 65,474 $ 42,454 $ 33,258 $ 79,546 $ 9,438 $ 340,773 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Other real estate loans Pass $ 34,365 $ 93,010 $ 87,799 $ 42,599 $ 40,686 $ 123,320 $ 11,331 $ 433,110 Special Mention — — — — — — — — Substandard — — — — — — 67 67 Doubtful — — — — — — — — Total Other real estate loans $ 34,365 $ 93,010 $ 87,799 $ 42,599 $ 40,686 $ 123,320 $ 11,398 $ 433,177 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass $ 21,279 $ 30,216 $ 25,491 $ 4,373 $ 5,135 $ 8,729 $ 18,050 $ 113,273 Special Mention — — — — — — — — Substandard — 2,870 — 100 — 887 — 3,857 Doubtful — — — — — — — — Total Commercial and industrial $ 21,279 $ 33,086 $ 25,491 $ 4,473 $ 5,135 $ 9,616 $ 18,050 $ 117,130 Current period gross write-offs $ — $ — $ — $ 624 $ — $ 253 $ — $ 877 Consumer and other loans Pass $ 2,625 $ 1,408 $ 395 $ 1,505 $ 2,222 $ 29 $ 2,830 $ 11,014 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Consumer and other loans $ 2,625 $ 1,408 $ 395 $ 1,505 $ 2,222 $ 29 $ 2,830 $ 11,014 Current period gross write-offs $ 273 $ 55 $ 3 $ 14 $ 3 $ 3 $ — $ 351 The following tables provide an analysis of the credit risk profile of each loan class as of December 31, 2022 December 31, 2022 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 50,795 $ — $ 1,045 $ — $ 51,840 Secured by 1-4 family residential 330,590 — 831 — 331,421 Other real estate loans 416,559 1,884 13 — 418,456 Commercial and industrial 110,065 75 1,085 — 111,225 Consumer and other loans 7,581 — — — 7,581 Total $ 915,590 $ 1,959 $ 2,974 $ — $ 920,523

Note 4 - Allowance for Credit L

Note 4 - Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	Note 4. The following tables present, as of and during the periods ended September 30, 2023 December 31, 2022 September 30, 2022 September 30, 2023 Construction and Land Development Secured by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for credit losses: Beginning Balance, December 31, 2022 $ 546 $ 1,108 $ 3,609 $ 1,874 $ 309 $ 7,446 Adjustment to allowance for adoption of ASU 2016-13 (313 ) 1,409 1,702 (387 ) (225 ) 2,186 Charge-offs — — — (877 ) (351 ) (1,228 ) Recoveries 1 13 13 145 154 326 Provision for (recovery of) credit losses 68 (97 ) (179 ) 165 209 166 Ending Balance, September 30, 2023 $ 302 $ 2,433 $ 5,145 $ 920 $ 96 $ 8,896 Ending Balance: Individually evaluated — — — 307 — 307 Collectively evaluated 302 2,433 5,145 613 96 8,589 Loans: Ending Balance $ 50,405 $ 340,773 $ 433,177 $ 117,130 $ 11,014 $ 952,499 Individually evaluated 39 546 67 2,464 — 3,116 Collectively evaluated 50,366 340,227 433,110 114,666 11,014 949,383 December 31, 2022 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, 2021 $ 345 $ 1,077 $ 3,230 $ 718 $ 340 $ 5,710 Charge-offs — (6 ) — (32 ) (491 ) (529 ) Recoveries 10 19 15 145 226 415 Provision for (recovery of) loan losses 191 18 364 1,043 234 1,850 Ending Balance, December 31, 2022 $ 546 $ 1,108 $ 3,609 $ 1,874 $ 309 $ 7,446 Ending Balance: Individually evaluated for impairment — — — 888 — 888 Collectively evaluated for impairment 546 1,108 3,609 986 309 6,558 Loans: Ending Balance $ 51,840 $ 331,421 $ 418,456 $ 111,225 $ 7,581 $ 920,523 Individually evaluated for impairment 1,045 530 13 1,085 — 2,673 Collectively evaluated for impairment 50,795 330,891 418,443 110,140 7,581 917,850 September 30, 2022 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, 2021 $ 345 $ 1,077 $ 3,230 $ 718 $ 340 $ 5,710 Charge-offs — (6 ) — — (387 ) (393 ) Recoveries 10 15 12 144 194 375 Provision for (recovery of) loan losses 99 (22 ) 331 69 123 600 Ending Balance, September 30, 2022 $ 454 $ 1,064 $ 3,573 $ 931 $ 270 $ 6,292 Ending Balance: Individually evaluated for impairment — — — — — — Collectively evaluated for impairment 454 1,064 3,573 931 270 6,292 Loans: Ending Balance $ 51,352 $ 317,414 $ 417,504 $ 112,145 $ 8,099 $ 906,514 Individually evaluated for impairment — 549 17 — — 566 Collectively evaluated for impairment 51,352 316,865 417,487 112,145 8,099 905,948 Nonaccrual loans The following is a summary of the Company's nonaccrual loans by major categories for the periods indicated (in thousands): CECL Incurred Loss September 30, 2023 December 31, 2022 Nonaccrual Loans with No Allowance Nonaccrual loans with an Allowance Total Nonaccrual Loans Nonaccrual Loans Real estate loans: Construction and land development $ 39 $ — $ 39 $ 1,045 Secured by 1-4 family residential 546 — 546 530 Other real estate loans 67 — 67 13 Commercial and industrial — 2,464 2,464 1,085 Total $ 652 $ 2,464 $ 3,116 $ 2,673 Prior to the adoption of ASU 2016 13, Impaired loans and the related allowance as of and for the periods ended December 31, 2022 and September 30, 2022 , were as follows (in thousands): December 31, 2022 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 $ 2,412 $ 1,045 $ — $ 1,045 $ — $ 30 $ 75 Secured by 1-4 family residential 680 530 — 530 — 580 11 Other real estate loans 26 13 — 13 — 22 — Commercial and industrial 1,084 — 1,085 1,085 888 650 40 Total $ 4,202 $ 1,588 $ 1,085 $ 2,673 $ 888 $ 1,282 $ 126 September 30, 2022 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: Secured by 1-4 family residential $ 560 $ 549 $ — $ 549 $ — $ 593 $ 11 Other real estate loans 29 17 — 17 — 24 — Commercial and industrial — — — — — 823 — Total $ 589 $ 566 $ — $ 566 $ — $ 1,440 $ 11 The “Recorded Investment” amounts in the table above represent the outstanding principal balance on each loan represented in the table. The “Unpaid Principal Balance” represents the outstanding principal balance on each loan represented in the table plus any amounts that have been charged off on each loan and/or payments that have been applied towards principal on non-accrual loans. Only loan classes with balances are included in the tables above. As of December 31, 2022 , loans classified as TDRs and included in impaired loans in the disclosure above totaled $101 thousand. At December 31, 2022, For the nine September 30, 2023 2022 , there were no TDRs that subsequently defaulted within twelve ninety twelve Collateral-Dependent Loans The Company may The underlying collateral can vary based upon the type of loan. The following provides more detail about the types of collateral that secure collateral dependent loans: • Commercial real estate loans can be secured by either owner occupied commercial real estate or non-owner occupied investment commercial real estate. Typically, owner occupied commercial real estate loans are secured by office buildings, warehouses, manufacturing facilities and other commercial and industrial properties occupied by operating companies. Non-owner occupied commercial real estate loans are generally secured by office buildings and complexes, retail facilities, multifamily complexes, land under development, industrial properties, as well as other commercial or industrial real estate. • Residential real estate loans are typically secured by first second • Home equity lines of credit are generally secured by second • Consumer loans are generally secured by automobiles, motorcycles, recreational vehicles and other personal property. Some consumer loans are unsecured and have no The following table presents the amortized cost of collateral-dependent loans (in thousands): September 30, 2023 (Dollars in thousands) Real Estate Secured Non-Real Estate Secured Total Collateral-Dependent Loans Real estate loans: Construction and land development $ 39 $ — $ 39 Secured by 1-4 family residential 546 — 546 Other real estate loans 67 — 67 Commercial and industrial — 2,464 2,464 Total $ 652 $ 2,464 $ 3,116 At September 30, 2023 , there was an allowance for credit losses of $307 Modifications Made to Borrowers Experiencing Financial Difficulty The allowance for credit losses incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon asset origination or acquisition. The starting point for the estimate of the allowance for credit losses is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. The Company uses a probability of default/loss given default model to determine the allowance for credit losses. An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. Because the effect of most modifications made to borrowers experiencing financial difficulty is already included in the allowance for credit losses because of the measurement methodologies used to estimate the allowance, a change to the allowance for credit losses is generally not In some cases, the Company will modify a certain loan by providing multiple types of concessions. Typically, one may two The following table shows the amortized cost basis as of September 30, 2023 of the loans modified to borrowers experiencing financial difficulty, disaggregated by class of loans and type of concession granted and describes the financial effect of the modifications made to borrowers experiencing financial difficulty: Term Extension (Dollars in thousands) Amortized Cost Basis % of Total Loan Type Financial Effect Real estate loans: Construction and land development $ — 0.00 % Secured by 1-4 family residential 64 0.02 % Converted HELOC to 15 year term loan. Other real estate loans — 0.00 % Commercial and industrial 2,464 2.10 % Decrease in loan payment Total $ 2,528 2.12 % Principal Forgiveness (Dollars in thousands) Amortized Cost Basis % of Total Loan Type Financial Effect Real estate loans: Construction and land development $ — 0.00 % Secured by 1-4 family residential 17 0.01 % Reduced the amortized cost basis of the loan by $29 thousand. Other real estate loans — 0.00 % Commercial and industrial — 0.00 % Total $ 17 0.01 % Upon the Company's determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. For the nine September 30, 2023 2022 , there were no twelve September 30, 2023 , there was an allowance for credit losses of $307 thousand on modified loans. Unfunded Commitments The Company maintains a separate reserve for credit losses on off-balance-sheet credit exposures, including unfunded loan commitments, which is included in other liabilities on the consolidated balance sheet. The reserve for credit losses on off-balance-sheet credit exposures is adjusted as a provision for credit losses in the income statement. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life, utilizing the same models and approaches for the Company's other loan portfolio segments described in Note 1, No may On January 1, 2023, 326. three September 30, 2023 , the Company recorded a recovery of credit losses for unfunded commitments of $8 thousand. At September 30, 2023 , the liability for credit losses on off-balance-sheet exposures included in other liabilities was $189 thousand.

Note 5 - Earnings Per Common Sh

Note 5 - Earnings Per Common Share	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 5. 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, 2023 2022 Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 (Numerator): Net income $ 3,121 $ 4,454 $ 10,475 $ 12,018 (Denominator): Weighted average shares outstanding – basic 6,256,663 6,257,040 6,266,707 6,248,847 Potentially dilutive common shares – restricted stock units 14,688 7,067 9,795 6,121 Weighted average shares outstanding – diluted 6,271,351 6,264,107 6,276,502 6,254,968 Income per common share Basic $ 0.50 $ 0.71 $ 1.67 $ 1.92 Diluted $ 0.50 $ 0.71 $ 1.67 $ 1.92 Restricted stock units for 603 shares of common stock were not three nine September 30, 2023 were no antidilutive shares of common stock for the three nine September 30, 2023 2022.

Note 6 - Fair Value Measurement

Note 6 - Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 6. Determination of Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. In accordance with the “Fair Value Measurement and Disclosures” topic of FASB ASC, the fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value is best determined based upon quoted market prices. However, in many instances, there are no not may not The fair value guidance provides a consistent definition of fair value, which focuses on exit price in an orderly transaction (that is, not may Fair Value Hierarchy In accordance with this guidance, the Company groups its assets and liabilities generally measured at fair value in three Level 1 Valuation is based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. Level 1 Level 2 Valuation is based on inputs other than quoted prices included within Level 1 may not Level 3 Valuation is based on unobservable inputs that are supported by little or no 3 An instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following describes the valuation techniques used by the Company to measure certain assets recorded at fair value on a recurring basis in the financial statements: Securities available for sale Securities available for sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted market prices, when available (Level 1 not may 2 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 Notes to Consolidated Financial Statements (Unaudited) The following tables present the balances of assets measured at fair value on a recurring basis as of September 30, 2023 December 31, 2022 Fair Value Measurements at September 30, 2023 Description Balance as of September 30, 2023 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 $ 11,113 $ — $ 11,113 $ — U.S. agency and mortgage-backed securities 84,294 — 84,294 — Obligations of states and political subdivisions 52,768 — 52,768 — Total securities available for sale $ 148,175 $ — $ 148,175 $ — Derivatives - cash flow hedges 3,065 — 3,065 — Total assets $ 151,240 $ — $ 151,240 $ — Fair Value Measurements at December 31, 2022 Description Balance as of December 31, 2022 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 $ 11,229 $ — $ 11,229 $ — U.S. agency and mortgage-backed securities 96,918 — 96,918 — Obligations of states and political subdivisions 54,760 — 54,760 — Total securities available for sale $ 162,907 $ — $ 162,907 $ — Derivatives - cash flow hedges 2,679 — 2,679 — Total assets $ 165,586 $ — $ 165,586 $ — 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: Collateral Dependent Loans with an ACLL In accordance with ASC 326, may no September 30, 2023 Other Real Estate Owned Certain assets such as OREO are measured at fair value less cost to sell. Valuation of OREO is determined using current appraisals from independent parties, a Level 2 3 3 Notes to Consolidated Financial Statements (Unaudited) 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, 2023 Description Balance as of September 30, 2023 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent loans $ 3,116 $ — $ — $ 3,116 Fair Value Measurements at December 31, 2022 Description Balance as of December 31, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other real estate owned $ 184 $ — $ — $ 184 Impaired loans, net 197 — — 197 Quantitative information about Level 3 Fair Value Measurements for September 30, 2023 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Collateral dependent loans $ 3,116 Property appraisals Selling cost 6.00 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2022 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Other real estate owned $ 184 Property appraisals Selling cost 10.00 % Impaired loans, net 197 Present value of cash flows Discount rate 6.50 % ( 1 Unobservable inputs were weighted by the relative fair value of the instruments. Notes to Consolidated Financial Statements (Unaudited) 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, 2023 December 31, 2022 Fair Value Measurements at September 30, 2023 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 interest-bearing deposits in banks $ 50,099 $ 50,099 $ — $ — $ 50,099 Securities available for sale 148,175 — 148,175 — 148,175 Securities held to maturity, net 149,948 — 134,728 — 134,728 Restricted securities 2,077 — 2,077 — 2,077 Loans, net 943,603 — — 901,921 901,921 Bank owned life insurance 24,734 — 24,734 — 24,734 Accrued interest receivable 4,502 — 4,502 — 4,502 Derivatives - cash flow hedges 3,065 — 3,065 — 3,065 Financial Liabilities Deposits $ 1,235,173 $ — 1,050,754 179,959 $ 1,230,713 Subordinated debt 4,997 — — 5,161 5,161 Junior subordinated debt 9,279 — — 6,290 6,290 Accrued interest payable 667 — 667 — 667 Fair Value Measurements at December 31, 2022 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 interest-bearing deposits in banks $ 66,914 $ 66,914 $ — $ — $ 66,914 Securities available for sale 162,907 — 162,907 — 162,907 Securities held to maturity, net 153,158 — 141,797 — 141,797 Restricted securities 1,908 — 1,908 — 1,908 Loans, net 913,077 — — 880,473 880,473 Bank owned life insurance 24,531 — 24,531 — 24,531 Accrued interest receivable 4,543 — 4,543 — 4,543 Derivatives - cash flow hedges 2,679 — 2,679 — 2,679 Financial Liabilities Deposits $ 1,241,332 $ — $ 1,104,483 $ 131,304 $ 1,235,787 Subordinated debt 4,995 — — 5,267 5,267 Junior subordinated debt 9,279 — — 6,067 6,067 Accrued interest payable 163 — 163 — 163 Notes to Consolidated Financial Statements (Unaudited) 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 7 - Stock Compensation Pla

Note 7 - Stock Compensation Plans	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 7. On May 10, 2023, 2023 2014 ed awards. Beginning on May 11, 2023, 2023 not 2014 Awards are made at the discretion of the Board of Directors and compensation cost equal to the fair value of the award is recognized over the vesting period. 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 Compensation expense related to stock awards totaled $202 thousand and $402 three nine nded September 30, 2023 , respectively. Compensation expense related to stock awards totaled $130 thousand and $481 thousand for the three nine nded September 30, 2022 , respectively. 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 2023 , 13,727 restricted stock units were granted to employees, with 4,580 units vesting immediately, and 9,147 units subject to a two one second 2023 , 10,000 restricted stock units were granted to employees, with 4,000 units vesting in February 2025, three February 2026 one third 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, 2023 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 29,181 $ 20.31 Granted 23,727 16.56 Vested (11,401 ) 19.20 Forfeited — — Unvested, end of period 41,507 $ 18.47 At September 30, 2023 e-tax compensation expense related to unvested restricted stock unit awards was $422 thousand. This expense is expected to be recognized through 2028. three September 30, 2023 2022 totaled $72 thousand and $56 thousand, respectively. Compensation expense related to restricted stock unit awards recognized for the nine September 30, 2023 2022 totaled $279 thousand and $247 thousand, respectively. On May 11, 2023, 2023 Notes to Consolidated Financial Statements (Unaudited)

Note 8 - Accumulated Other Comp

Note 8 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 8. 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, 2022 $ (24,450 ) $ 1,748 $ (22,702 ) Unrealized holding losses (net of tax, $ 155 581 — 581 Unrealized holding losses transferred from available for sale to held to maturity (net of tax and amortization of ($ 1,605 157 (6,036 ) — (6,036 ) Change in fair value of cash flow hedge (net of tax, $ 106 — 404 404 Change during period (5,455 ) 404 (5,051 ) Balance at September 30, 2022 $ (29,905 ) $ 2,152 $ (27,753 ) Balance at June 30, 2023 $ (23,355 ) $ 1,996 $ (21,359 ) Unrealized holding losses (net of tax, ($ 1,080 (4,063 ) — (4,063 ) Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $ 86 323 — 323 Change in fair value of cash flow hedge (net of tax, $ 113 — 424 424 Change during period (3,740 ) 424 (3,316 ) Balance at September 30, 2023 $ (27,095 ) $ 2,420 $ (24,675 ) Net Unrealized (Losses) on Securities Change in Fair Value of Cash Flow Hedges Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2021 $ (445 ) $ 743 $ 298 Unrealized holding losses (net of tax, ($ 6,225 (23,424 ) — (23,424 ) Unrealized holding losses transferred from available for sale to held to maturity (net of tax and amortization of ($ 1,605 157 (6,036 ) — (6,036 ) Change in fair value of cash flow hedge (net of tax, $ 373 — 1,409 1,409 Change during period (29,460 ) 1,409 (28,051 ) Balance at September 30, 2022 $ (29,905 ) $ 2,152 $ (27,753 ) Balance at December 31, 2022 $ (24,587 ) $ 2,116 $ (22,471 ) Unrealized holding losses (net of tax, ($ 925 (3,480 ) — (3,480 ) Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $ 258 972 — 972 Change in fair value of cash flow hedge (net of tax, $ 82 — 304 304 Change during period (2,508 ) 304 (2,204 ) Balance at September 30, 2023 $ (27,095 ) $ 2,420 $ (24,675 ) Notes to Consolidated Financial Statements (Unaudited)

Note 9 - Revenue Recognition

Note 9 - Revenue Recognition	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	Note 9. Most revenue associated with financial instruments, including interest income, loan origination fees, and credit card fees, is outside the scope of ASC topic 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. 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. Brokered mortgage fees 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 Accounting Standards Codification Topic 606, three nine September 30, 2023 2022 Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Noninterest Income Service charges on deposit accounts $ 733 $ 708 $ 2,062 $ 2,015 ATM and check card fees 976 915 2,624 2,462 Wealth management fees 811 739 2,336 2,302 Brokered mortgage fees 38 72 73 224 Income from bank owned life insurance 175 166 459 441 Fees for other customer services 122 14 538 160 Noninterest income (in-scope of Topic 606) $ 2,855 $ 2,614 $ 8,092 $ 7,604 Noninterest income (out-of-scope of Topic 606) 198 413 623 914 Total noninterest income $ 3,053 $ 3,027 $ 8,715 $ 8,518

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note 10. On April 21, 2020, June 17, 2034, March 17, 2020. June 17, 2034. three October 1, 2036, April 1, 2020. October 1, 2036. three July 3, 2023. 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, 2023 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, 2023 December 31, 2022 September 30, 2023 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 3,065 $ — $ — December 31, 2022 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 2,679 $ — $ — ( 1 Collateral pledged may

Note 11 - Subsequent Events

Note 11 - Subsequent Events	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	Note 11. During the month of October 2023, two 2024. first 120 two 60 no June 1, 2024. second 86 no February 1, 2024.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation 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 and in accordance with guidance provided by the Securities and Exchange Commission (SEC). Accordingly, they do not September 30, 2023 and December 31, 2022 , the statements of income and comprehensive income (loss) for the three nine September 30, 2023 2022 , the cash flows for the nine September 30, 2023 2022 , and the changes in shareholders’ equity for the three nine September 30, 2023 2022 . The statements should be read in conjunction with the consolidated financial statements and related notes included in the Annual Report on Form 10 December 31, 2022 . Operating results for the three nine September 30, 2023 are not may December 31, 2023 . no
Use of Estimates, Policy [Policy Text Block]	Significant Accounting Policies and Estimates Application of the principles of GAAP and practices within the banking industry requires management to make estimates, assumptions, and judgements that affect the amounts reported in the financial statements and accompanying notes. These estimates, assumptions, and judgements are based on information available as of the date of the financial statements; accordingly, as this information changes, the financial statements may may Material estimates that are particularly The Company’s significant accounting policies followed in the preparation of the unaudited consolidated financial statements are disclosed in Note 1 December 31, 2022 2022 10 no December 31, 2022,
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Pronouncements ASU 2016 13: On January 1, 2023, No. 2016 13, 326 326 In addition, CECL made changes to the accounting for available for sale debt securities. One such change is to require credit losses to be presented as an allowance rather than as a write-down on available for sale debt securities if management does not not not The Company adopted ASC 326 January 1, 2023 January 1, 2023 January 1, 2023 The Company adopted ASC 326 310 30. not September 30, 2023 no The Company adopted ASC 326 January 1, 2023. December 31, 2022, not 326, not The Company elected not 90 January 1, 2023 December 31, 2022 As reported Under Pre-ASC 326 Impact of ASC (dollars in thousands) ASC 326 Adoption 326 Adoption Assets: Allowance for credit losses on held to maturity securities: Corporate securities 132 - 132 Allowance for credit losses on loans: - Construction and land development 233 546 (313 ) Secured by 1-4 family residential 2,517 1,108 1,409 Other real estate loans 5,311 3,609 1,702 Commercial and industrial loans 1,487 1,874 (387 ) Consumer and other loans 84 309 (225 ) Allowance for credit losses on loans 9,632 7,446 2,186 Liabilities: Allowance for credit losses for unfunded commitments 153 - 153 Allowance for Credit Losses – Held-to-Maturity Securities The Company estimates expected credit losses on held-to-maturity securities on an individual basis based on a Probability of Default/Loss Given Default (“PD/LGD”) methodology primarily using security-level credit ratings. The primary indicators of credit quality for the Company’s held-to-maturity portfolio are security type and credit ratings, which are influenced by a number of factors including obligor cash flow, geography, seniority, among other factors. The Company’s held-to-maturity securities with credit risk are municipal bonds and corporate debt securities. All other held-to-maturity securities are covered by the explicit or implied guarantee of the United States government or one Changes in the allowance for credit loss are recorded as provision for (or recovery of) credit losses in the Consolidated Statements of Income. The Company recorded an allowance for credit losses on held-to-maturity securities of $132 thousand upon adoption of ASC 326. three September 30, 2023 , the Company recorded a recovery of credit losses on held-to-maturity securities of $12 thousand. The allowance for credit losses on held-to-maturity securities was $131 as of September 30, 2023 . Allowance for Credit Losses – Available-for-Sale Securities Management evaluates all available-for-sale securities in an unrealized loss position on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. If the Company has the intent to sell the security or it is more likely than not If either of the above criteria is not may not Changes in the allowance for credit loss are recorded as a provision for (or recovery of) credit losses in the Consolidated Statements of Income. Losses are charged against the allowance for credit loss when management believes an available-for-sale security is confirmed to be uncollectible or when either of the criteria regarding intent or requirement to sell is met. At September 30, 2023 , there was no Accrued interest receivable on available-for-sale securities totaled $786 thousand at September 30, 2023 and was excluded from the estimate of credit losses. Allowance for Credit Losses – Loans The allowance for loan credit losses represents an amount which, in management’s judgement, is adequate to absorb the lifetime expected losses that may The Company is utilizing a discounted cash flow model to estimate its current expected credit losses. For the purposes of calculating its quantitative reserves, the Company has segmented its loan portfolio based on loans which share similar risk characteristics. Within the quantitative portion of the calculation, the Company utilizes at least one may one eight not may not not Loans that do not not not no The adoption of CECL did not Allowance for Credit Losses – Unfunded Commitments Financial Instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit issued to meet customer financing needs. The Company’s exposure to credit losses in the event of nonperformance by the other party to the financial instrument for off-balance sheet loan commitments is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records all allowance for credit losses on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancelable, through a charge to provision for (or recovery of) credit losses in the Consolidated Statement of Income. The allowances for credit losses on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit losses model using the same methodology as the loan portfolio, taking into consideration the likelihood that funding will occur as well as any third Accrued Interest Receivable The Company has elected to exclude the accrued interest from the amortized cost basis in its determination of the allowance for credit losses for both loans and held-to-maturity securities, as well as elected the policy to write-off accrued interest receivable directly through the reversal of interest income. Accrued interest receivable totaled $3.1 million on loans and $593 thousand on held-to-maturity securities at September 30, 2023 and is included in “Accrued Interest Receivable” on the Company’s Consolidated Balance Sheets. ASU 2022 01: On January 1, 2023, 2022 01, 815 2022 01 815 2017, 2017 12 one not 2022 01 2022 01 not ASU 2022 02: On January 1, 2023, 2022 02, 326 2022 02 2016 13 not Recent Accounting Pronouncements In July 2023, 2023 03, 205 220 480 505 718 No. 120, March 24, 2022 6.B, 280—General X: 2023 03 not 2023 03 In June 2022, 2022 03, 820 2022 03 not not December 15, 2023. not 2022 03 In March 2023, 2023 01, 842 December 15, 2023, not 2023 01 In March 2023, 2023 02, 323 December 15, 2023, not 2023 02

Note 1 - General (Tables)

Note 1 - General (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Accounting Standards Update and Change in Accounting Principle [Table Text Block]	January 1, 2023 December 31, 2022 As reported Under Pre-ASC 326 Impact of ASC (dollars in thousands) ASC 326 Adoption 326 Adoption Assets: Allowance for credit losses on held to maturity securities: Corporate securities 132 - 132 Allowance for credit losses on loans: - Construction and land development 233 546 (313 ) Secured by 1-4 family residential 2,517 1,108 1,409 Other real estate loans 5,311 3,609 1,702 Commercial and industrial loans 1,487 1,874 (387 ) Consumer and other loans 84 309 (225 ) Allowance for credit losses on loans 9,632 7,446 2,186 Liabilities: Allowance for credit losses for unfunded commitments 153 - 153

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block]	September 30, 2023 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Allowance for Credit Losses Securities available for sale: U.S. Treasury securities $ 12,474 $ — $ (1,361 ) $ 11,113 $ — U.S. agency and mortgage-backed securities 99,894 60 (15,660 ) 84,294 — Obligations of states and political subdivisions 64,131 4 (11,367 ) 52,768 — Total securities available for sale $ 176,499 $ 64 $ (28,388 ) $ 148,175 $ — Securities held to maturity: U.S. Treasury securities $ 38,862 $ — $ (734 ) $ 38,128 $ — U.S. agency and mortgage-backed securities 96,563 — (12,216 ) 84,347 — Obligations of states and political subdivisions 11,654 — (1,706 ) 9,948 — Corporate debt securities 3,000 — (564 ) 2,436 (131 ) Total securities held to maturity $ 150,079 $ - $ (15,220 ) $ 134,859 $ (131 ) Total securities $ 326,578 $ 64 $ (43,608 ) $ 283,034 $ (131 ) December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 12,468 $ — $ (1,239 ) $ 11,229 U.S. agency and mortgage-backed securities 109,972 95 (13,149 ) 96,918 Obligations of states and political subdivisions 64,386 4 (9,630 ) 54,760 Total securities available for sale $ 186,826 $ 99 $ (24,018 ) $ 162,907 Securities held to maturity: U.S. Treasury securities $ 38,211 $ — $ (568 ) $ 37,643 U.S. agency and mortgage-backed securities 99,374 — (9,189 ) 90,185 Obligations of states and political subdivisions 12,573 — (1,252 ) 11,321 Corporate debt securities 3,000 — (352 ) 2,648 Total securities held to maturity $ 153,158 $ — $ (11,361 ) $ 141,797 Total securities $ 339,984 $ 99 $ (35,379 ) $ 304,704
Schedule of Temporary Impairment Losses, Investments [Table Text Block]	September 30, 2023 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 $ — $ — $ 11,113 $ (1,361 ) $ 11,113 $ (1,361 ) U.S. agency and mortgage-backed securities 2,065 (37 ) 77,201 (15,623 ) 79,266 (15,660 ) Obligations of states and political subdivisions 7,753 (382 ) 44,511 (10,985 ) 52,264 (11,367 ) Total securities available for sale $ 9,818 $ (419 ) $ 132,825 $ (27,969 ) $ 142,643 $ (28,388 ) December 31, 2022 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 $ 9,041 $ (932 ) $ 2,188 $ (307 ) $ 11,229 $ (1,239 ) U.S. agency and mortgage-backed securities 27,282 (1,945 ) 62,342 (11,204 ) 89,624 (13,149 ) Obligations of states and political subdivisions 24,689 (2,581 ) 26,362 (7,049 ) 51,051 (9,630 ) Total securities available for sale $ 61,012 $ (5,458 ) $ 90,892 $ (18,560 ) $ 151,904 $ (24,018 ) Securities held to maturity: U.S. Treasury securities $ 19,302 $ (258 ) $ 18,342 $ (310 ) $ 37,644 $ (568 ) U.S. agency and mortgage-backed securities 58,019 (6,848 ) 32,167 (2,341 ) 90,186 (9,189 ) Obligations of states and political subdivisions 8,648 (1,008 ) 2,672 (244 ) 11,320 (1,252 ) Corporate debt securities 2,648 (352 ) — — 2,648 (352 ) Total securities held to maturity $ 88,617 $ (8,466 ) $ 53,181 $ (2,895 ) $ 141,798 $ (11,361 ) Total securities $ 149,629 $ (13,924 ) $ 144,073 $ (21,455 ) $ 293,702 $ (35,379 )
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 $ 760 $ 757 $ 20,828 $ 20,642 Due after one year through five years 23,027 21,026 28,993 27,586 Due after five years through ten years 37,962 33,340 23,514 20,658 Due after ten years 114,750 93,052 76,744 65,973 $ 176,499 $ 148,175 $ 150,079 $ 134,859
Marketable Securities [Table Text Block]	September 30, 2023 December 31, 2022 Federal Home Loan Bank stock $ 965 $ 796 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 132 132 $ 2,077 $ 1,908
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]	U.S. Treasury securities U.S. agency and mortgage-backed securities Obligations of states and political subdivisions Corporate debt securities Total Held to Maturity Securities September 30, 2023 Aaa $ 38,862 $ 22,877 $ 2,812 $ — $ 64,551 Aa1 / Aa2 / Aa3 — — 8,842 — 8,842 Baa1 / Baa2 / Baa3 — — — 3,000 3,000 Not rated - Agency (1) — 73,686 — — 73,686 Total $ 38,862 $ 96,563 $ 11,654 $ 3,000 $ 150,079 December 31, 2022 Aaa $ 38,211 $ 22,706 $ 3,126 $ — $ 64,043 Aa1 / Aa2 / Aa3 — — 9,447 — 9,447 Baa1 / Baa2 / Baa3 — — — 3,000 3,000 Not rated - Agency (1) — 76,668 — — 76,668 Total $ 38,211 $ 99,374 $ 12,573 $ 3,000 $ 153,158
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]	U.S. Treasury securities U.S. agency and mortgage-backed securities Obligations of states and political subdivisions Corporate debt securities Total Held to Maturity Securities Balance, December 31, 2022 $ — $ — $ — $ — $ — Adjustment for adoption of ASU 2016-13 — — — 134 134 Provision for credit losses — — — 10 10 Charge-offs of securities — — — — — Recoveries — — — (13 ) (13 ) Balance, September 30, 2023 $ — $ — $ — $ 131 $ 131

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2023 December 31, 2022 Real estate loans: Construction and land development $ 50,405 $ 51,840 Secured by 1-4 family residential 340,773 331,421 Other real estate loans 433,177 418,456 Commercial and industrial loans 117,130 111,225 Consumer and other loans 11,014 7,581 Total loans $ 952,499 $ 920,523 Allowance for credit losses (8,896 ) (7,446 ) Loans, net $ 943,603 $ 913,077
Financing Receivable, Purchased with Credit Deterioration [Table Text Block]	September 30, 2023 December 31, 2022 Acquired Loans- Acquired Loans- Non-Purchased Non-Purchased (Dollars in thousands) Credit Deteriorated Credit Deteriorated Outstanding principal balance $ 166,349 $ 187,017 Carrying amount Real estate loans: Construction and land development $ 8,450 $ 9,823 Secured by 1-4 family residential 36,405 42,915 Other real estate loans 95,313 103,521 Commercial and industrial loans 20,681 24,661 Consumer and other loans 3,472 3,560 Total acquired loans $ 164,321 $ 184,480
Financing Receivable, Past Due [Table Text Block]	September 30, 2023 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 $ — $ — $ 39 $ 39 $ 50,366 $ 50,405 $ 39 $ — Secured by 1-4 family residential 1,242 58 534 1,834 338,939 340,773 546 368 Other real estate loans — — 62 62 433,115 433,177 67 — Commercial and industrial 83 — — 83 117,047 117,130 2,464 — Consumer and other loans 10 2 2 14 11,000 11,014 — 2 Total $ 1,335 $ 60 $ 637 $ 2,032 $ 950,467 $ 952,499 $ 3,116 $ 370 December 31, 2022 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 $ 115 $ 20 $ 1,045 $ 1,180 $ 50,660 $ 51,840 $ 1,045 $ — Secured by 1-4 family residential 1,033 60 207 1,300 330,121 331,421 530 — Other real estate loans 109 — — 109 418,347 418,456 13 — Commercial and industrial 31 130 1,085 1,246 109,979 111,225 1,085 — Consumer and other loans 26 25 — 51 7,530 7,581 — — Total $ 1,314 $ 235 $ 2,337 $ 3,886 $ 916,637 $ 920,523 $ 2,673 $ —
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Revolving Total Construction and land development Pass $ 2,625 $ 3,311 $ 7,824 $ 2,613 $ 2,127 $ 3,290 $ 28,576 $ 50,366 Special Mention — — — — — — — — Substandard — — — — — 39 — 39 Doubtful — — — — — — — — Total Construction and land development $ 2,625 $ 3,311 $ 7,824 $ 2,613 $ 2,127 $ 3,329 $ 28,576 $ 50,405 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Secured by 1-4 family residential Pass $ 32,461 $ 78,044 $ 65,455 $ 42,454 $ 33,258 $ 78,826 $ 9,438 $ 339,936 Special Mention — — — — — — — — Substandard — 98 19 — — 720 — 837 Doubtful — — — — — — — — Total Secured by 1-4 family residential $ 32,461 $ 78,142 $ 65,474 $ 42,454 $ 33,258 $ 79,546 $ 9,438 $ 340,773 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Other real estate loans Pass $ 34,365 $ 93,010 $ 87,799 $ 42,599 $ 40,686 $ 123,320 $ 11,331 $ 433,110 Special Mention — — — — — — — — Substandard — — — — — — 67 67 Doubtful — — — — — — — — Total Other real estate loans $ 34,365 $ 93,010 $ 87,799 $ 42,599 $ 40,686 $ 123,320 $ 11,398 $ 433,177 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial and industrial Pass $ 21,279 $ 30,216 $ 25,491 $ 4,373 $ 5,135 $ 8,729 $ 18,050 $ 113,273 Special Mention — — — — — — — — Substandard — 2,870 — 100 — 887 — 3,857 Doubtful — — — — — — — — Total Commercial and industrial $ 21,279 $ 33,086 $ 25,491 $ 4,473 $ 5,135 $ 9,616 $ 18,050 $ 117,130 Current period gross write-offs $ — $ — $ — $ 624 $ — $ 253 $ — $ 877 Consumer and other loans Pass $ 2,625 $ 1,408 $ 395 $ 1,505 $ 2,222 $ 29 $ 2,830 $ 11,014 Special Mention — — — — — — — — Substandard — — — — — — — — Doubtful — — — — — — — — Total Consumer and other loans $ 2,625 $ 1,408 $ 395 $ 1,505 $ 2,222 $ 29 $ 2,830 $ 11,014 Current period gross write-offs $ 273 $ 55 $ 3 $ 14 $ 3 $ 3 $ — $ 351 December 31, 2022 Pass Special Mention Substandard Doubtful Total Real estate loans: Construction and land development $ 50,795 $ — $ 1,045 $ — $ 51,840 Secured by 1-4 family residential 330,590 — 831 — 331,421 Other real estate loans 416,559 1,884 13 — 418,456 Commercial and industrial 110,065 75 1,085 — 111,225 Consumer and other loans 7,581 — — — 7,581 Total $ 915,590 $ 1,959 $ 2,974 $ — $ 920,523

Note 4 - Allowance for Credit_2

Note 4 - Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	September 30, 2023 Construction and Land Development Secured by 1-4 Family Residential Other Real Estate Commercial and Industrial Consumer and Other Loans Total Allowance for credit losses: Beginning Balance, December 31, 2022 $ 546 $ 1,108 $ 3,609 $ 1,874 $ 309 $ 7,446 Adjustment to allowance for adoption of ASU 2016-13 (313 ) 1,409 1,702 (387 ) (225 ) 2,186 Charge-offs — — — (877 ) (351 ) (1,228 ) Recoveries 1 13 13 145 154 326 Provision for (recovery of) credit losses 68 (97 ) (179 ) 165 209 166 Ending Balance, September 30, 2023 $ 302 $ 2,433 $ 5,145 $ 920 $ 96 $ 8,896 Ending Balance: Individually evaluated — — — 307 — 307 Collectively evaluated 302 2,433 5,145 613 96 8,589 Loans: Ending Balance $ 50,405 $ 340,773 $ 433,177 $ 117,130 $ 11,014 $ 952,499 Individually evaluated 39 546 67 2,464 — 3,116 Collectively evaluated 50,366 340,227 433,110 114,666 11,014 949,383 December 31, 2022 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, 2021 $ 345 $ 1,077 $ 3,230 $ 718 $ 340 $ 5,710 Charge-offs — (6 ) — (32 ) (491 ) (529 ) Recoveries 10 19 15 145 226 415 Provision for (recovery of) loan losses 191 18 364 1,043 234 1,850 Ending Balance, December 31, 2022 $ 546 $ 1,108 $ 3,609 $ 1,874 $ 309 $ 7,446 Ending Balance: Individually evaluated for impairment — — — 888 — 888 Collectively evaluated for impairment 546 1,108 3,609 986 309 6,558 Loans: Ending Balance $ 51,840 $ 331,421 $ 418,456 $ 111,225 $ 7,581 $ 920,523 Individually evaluated for impairment 1,045 530 13 1,085 — 2,673 Collectively evaluated for impairment 50,795 330,891 418,443 110,140 7,581 917,850 September 30, 2022 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, 2021 $ 345 $ 1,077 $ 3,230 $ 718 $ 340 $ 5,710 Charge-offs — (6 ) — — (387 ) (393 ) Recoveries 10 15 12 144 194 375 Provision for (recovery of) loan losses 99 (22 ) 331 69 123 600 Ending Balance, September 30, 2022 $ 454 $ 1,064 $ 3,573 $ 931 $ 270 $ 6,292 Ending Balance: Individually evaluated for impairment — — — — — — Collectively evaluated for impairment 454 1,064 3,573 931 270 6,292 Loans: Ending Balance $ 51,352 $ 317,414 $ 417,504 $ 112,145 $ 8,099 $ 906,514 Individually evaluated for impairment — 549 17 — — 566 Collectively evaluated for impairment 51,352 316,865 417,487 112,145 8,099 905,948
Financing Receivable, Nonaccrual [Table Text Block]	CECL Incurred Loss September 30, 2023 December 31, 2022 Nonaccrual Loans with No Allowance Nonaccrual loans with an Allowance Total Nonaccrual Loans Nonaccrual Loans Real estate loans: Construction and land development $ 39 $ — $ 39 $ 1,045 Secured by 1-4 family residential 546 — 546 530 Other real estate loans 67 — 67 13 Commercial and industrial — 2,464 2,464 1,085 Total $ 652 $ 2,464 $ 3,116 $ 2,673
Impaired Financing Receivables [Table Text Block]	December 31, 2022 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 $ 2,412 $ 1,045 $ — $ 1,045 $ — $ 30 $ 75 Secured by 1-4 family residential 680 530 — 530 — 580 11 Other real estate loans 26 13 — 13 — 22 — Commercial and industrial 1,084 — 1,085 1,085 888 650 40 Total $ 4,202 $ 1,588 $ 1,085 $ 2,673 $ 888 $ 1,282 $ 126 September 30, 2022 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: Secured by 1-4 family residential $ 560 $ 549 $ — $ 549 $ — $ 593 $ 11 Other real estate loans 29 17 — 17 — 24 — Commercial and industrial — — — — — 823 — Total $ 589 $ 566 $ — $ 566 $ — $ 1,440 $ 11
Financing Receivable, Collateral Dependent Loans [Table Text Block]	September 30, 2023 (Dollars in thousands) Real Estate Secured Non-Real Estate Secured Total Collateral-Dependent Loans Real estate loans: Construction and land development $ 39 $ — $ 39 Secured by 1-4 family residential 546 — 546 Other real estate loans 67 — 67 Commercial and industrial — 2,464 2,464 Total $ 652 $ 2,464 $ 3,116
Financing Receivable, Modified [Table Text Block]	Term Extension (Dollars in thousands) Amortized Cost Basis % of Total Loan Type Financial Effect Real estate loans: Construction and land development $ — 0.00 % Secured by 1-4 family residential 64 0.02 % Converted HELOC to 15 year term loan. Other real estate loans — 0.00 % Commercial and industrial 2,464 2.10 % Decrease in loan payment Total $ 2,528 2.12 % Principal Forgiveness (Dollars in thousands) Amortized Cost Basis % of Total Loan Type Financial Effect Real estate loans: Construction and land development $ — 0.00 % Secured by 1-4 family residential 17 0.01 % Reduced the amortized cost basis of the loan by $29 thousand. Other real estate loans — 0.00 % Commercial and industrial — 0.00 % Total $ 17 0.01 %

Note 5 - Earnings Per Common _2

Note 5 - Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 (Numerator): Net income $ 3,121 $ 4,454 $ 10,475 $ 12,018 (Denominator): Weighted average shares outstanding – basic 6,256,663 6,257,040 6,266,707 6,248,847 Potentially dilutive common shares – restricted stock units 14,688 7,067 9,795 6,121 Weighted average shares outstanding – diluted 6,271,351 6,264,107 6,276,502 6,254,968 Income per common share Basic $ 0.50 $ 0.71 $ 1.67 $ 1.92 Diluted $ 0.50 $ 0.71 $ 1.67 $ 1.92

Note 6 - Fair Value Measureme_2

Note 6 - Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at September 30, 2023 Description Balance as of September 30, 2023 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 $ 11,113 $ — $ 11,113 $ — U.S. agency and mortgage-backed securities 84,294 — 84,294 — Obligations of states and political subdivisions 52,768 — 52,768 — Total securities available for sale $ 148,175 $ — $ 148,175 $ — Derivatives - cash flow hedges 3,065 — 3,065 — Total assets $ 151,240 $ — $ 151,240 $ — Fair Value Measurements at December 31, 2022 Description Balance as of December 31, 2022 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 $ 11,229 $ — $ 11,229 $ — U.S. agency and mortgage-backed securities 96,918 — 96,918 — Obligations of states and political subdivisions 54,760 — 54,760 — Total securities available for sale $ 162,907 $ — $ 162,907 $ — Derivatives - cash flow hedges 2,679 — 2,679 — Total assets $ 165,586 $ — $ 165,586 $ —
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at September 30, 2023 Description Balance as of September 30, 2023 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Collateral dependent loans $ 3,116 $ — $ — $ 3,116 Fair Value Measurements at December 31, 2022 Description Balance as of December 31, 2022 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Other real estate owned $ 184 $ — $ — $ 184 Impaired loans, net 197 — — 197
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Quantitative information about Level 3 Fair Value Measurements for September 30, 2023 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Collateral dependent loans $ 3,116 Property appraisals Selling cost 6.00 % Quantitative information about Level 3 Fair Value Measurements for December 31, 2022 Fair Value Valuation Technique Unobservable Input Range (Weighted Average) (1) Other real estate owned $ 184 Property appraisals Selling cost 10.00 % Impaired loans, net 197 Present value of cash flows Discount rate 6.50 %
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at September 30, 2023 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 interest-bearing deposits in banks $ 50,099 $ 50,099 $ — $ — $ 50,099 Securities available for sale 148,175 — 148,175 — 148,175 Securities held to maturity, net 149,948 — 134,728 — 134,728 Restricted securities 2,077 — 2,077 — 2,077 Loans, net 943,603 — — 901,921 901,921 Bank owned life insurance 24,734 — 24,734 — 24,734 Accrued interest receivable 4,502 — 4,502 — 4,502 Derivatives - cash flow hedges 3,065 — 3,065 — 3,065 Financial Liabilities Deposits $ 1,235,173 $ — 1,050,754 179,959 $ 1,230,713 Subordinated debt 4,997 — — 5,161 5,161 Junior subordinated debt 9,279 — — 6,290 6,290 Accrued interest payable 667 — 667 — 667 Fair Value Measurements at December 31, 2022 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 interest-bearing deposits in banks $ 66,914 $ 66,914 $ — $ — $ 66,914 Securities available for sale 162,907 — 162,907 — 162,907 Securities held to maturity, net 153,158 — 141,797 — 141,797 Restricted securities 1,908 — 1,908 — 1,908 Loans, net 913,077 — — 880,473 880,473 Bank owned life insurance 24,531 — 24,531 — 24,531 Accrued interest receivable 4,543 — 4,543 — 4,543 Derivatives - cash flow hedges 2,679 — 2,679 — 2,679 Financial Liabilities Deposits $ 1,241,332 $ — $ 1,104,483 $ 131,304 $ 1,235,787 Subordinated debt 4,995 — — 5,267 5,267 Junior subordinated debt 9,279 — — 6,067 6,067 Accrued interest payable 163 — 163 — 163

Note 7 - Stock Compensation P_2

Note 7 - Stock Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]	Nine Months Ended September 30, 2023 Shares Weighted Average Grant Date Fair Value Unvested, beginning of year 29,181 $ 20.31 Granted 23,727 16.56 Vested (11,401 ) 19.20 Forfeited — — Unvested, end of period 41,507 $ 18.47

Note 8 - Accumulated Other Co_2

Note 8 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2022 $ (24,450 ) $ 1,748 $ (22,702 ) Unrealized holding losses (net of tax, $ 155 581 — 581 Unrealized holding losses transferred from available for sale to held to maturity (net of tax and amortization of ($ 1,605 157 (6,036 ) — (6,036 ) Change in fair value of cash flow hedge (net of tax, $ 106 — 404 404 Change during period (5,455 ) 404 (5,051 ) Balance at September 30, 2022 $ (29,905 ) $ 2,152 $ (27,753 ) Balance at June 30, 2023 $ (23,355 ) $ 1,996 $ (21,359 ) Unrealized holding losses (net of tax, ($ 1,080 (4,063 ) — (4,063 ) Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $ 86 323 — 323 Change in fair value of cash flow hedge (net of tax, $ 113 — 424 424 Change during period (3,740 ) 424 (3,316 ) Balance at September 30, 2023 $ (27,095 ) $ 2,420 $ (24,675 ) Net Unrealized (Losses) on Securities Change in Fair Value of Cash Flow Hedges Accumulated Other Comprehensive Income (Loss) Balance at December 31, 2021 $ (445 ) $ 743 $ 298 Unrealized holding losses (net of tax, ($ 6,225 (23,424 ) — (23,424 ) Unrealized holding losses transferred from available for sale to held to maturity (net of tax and amortization of ($ 1,605 157 (6,036 ) — (6,036 ) Change in fair value of cash flow hedge (net of tax, $ 373 — 1,409 1,409 Change during period (29,460 ) 1,409 (28,051 ) Balance at September 30, 2022 $ (29,905 ) $ 2,152 $ (27,753 ) Balance at December 31, 2022 $ (24,587 ) $ 2,116 $ (22,471 ) Unrealized holding losses (net of tax, ($ 925 (3,480 ) — (3,480 ) Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $ 258 972 — 972 Change in fair value of cash flow hedge (net of tax, $ 82 — 304 304 Change during period (2,508 ) 304 (2,204 ) Balance at September 30, 2023 $ (27,095 ) $ 2,420 $ (24,675 )

Note 9 - Revenue Recognition (T

Note 9 - Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Nine Months Ended September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Noninterest Income Service charges on deposit accounts $ 733 $ 708 $ 2,062 $ 2,015 ATM and check card fees 976 915 2,624 2,462 Wealth management fees 811 739 2,336 2,302 Brokered mortgage fees 38 72 73 224 Income from bank owned life insurance 175 166 459 441 Fees for other customer services 122 14 538 160 Noninterest income (in-scope of Topic 606) $ 2,855 $ 2,614 $ 8,092 $ 7,604 Noninterest income (out-of-scope of Topic 606) 198 413 623 914 Total noninterest income $ 3,053 $ 3,027 $ 8,715 $ 8,518

Note 10 - Derivative Financia_2

Note 10 - Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	September 30, 2023 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 3,065 $ — $ — December 31, 2022 Notional Amount Assets Liabilities Collateral Pledged(1) Cash Flow Hedges Interest rate swap contracts $ 9,000 $ 2,679 $ — $ —

Note 1 - General (Details Textu

Note 1 - General (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss	$ 8,896	$ 8,896	$ 6,292	$ 7,446		$ 7,446	$ 5,710
Off-Balance-Sheet, Credit Loss, Liability						0
Debt Securities, Held-to-Maturity, Allowance for Credit Loss	131	131		0
Retained Earnings (Accumulated Deficit)	95,988	95,988		90,284
Financing Receivable, Credit Loss, Expense (Reversal)		166	$ 600	1,850
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	786	786
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss	593	593
Accrued Interest Receivable [Member]
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	3,100	3,100
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss	593	593
Accounting Standards Update 2016-13 [Member]
Debt Securities, Held-to-Maturity, Allowance for Credit Loss	131	131			$ 132
Financing Receivable, Credit Loss, Expense (Reversal)	12
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 786	$ 786
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Loss				2,186		2,186
Off-Balance-Sheet, Credit Loss, Liability						153
Debt Securities, Held-to-Maturity, Allowance for Credit Loss				$ 134		132
Retained Earnings (Accumulated Deficit)						$ (2,000)

Note 1 - General - Impact of Ad

Note 1 - General - Impact of Adoption of New ASU (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Held-to-Maturity, Allowance for Credit Loss	$ 131			$ 0
Allowance for Credit Loss	8,896		$ 7,446	7,446	$ 6,292	$ 5,710
Allowance for credit losses for unfunded commitments			0
Real Estate 1 [Member] | Construction and Land Development [Member]
Allowance for Credit Loss	302		546	546	454	345
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Allowance for Credit Loss	2,433		1,108	1,108	1,064	1,077
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Allowance for Credit Loss	5,145		3,609	3,609	3,573	3,230
Commercial and Industrial Loans [Member]
Allowance for Credit Loss	920		1,874	1,874	931	718
Consumer and Other Loans [Member]
Allowance for Credit Loss	96		309	309	$ 270	$ 340
Accounting Standards Update 2016-13 [Member]
Held-to-Maturity, Allowance for Credit Loss	131	$ 132
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Allowance for Credit Loss			9,632
Allowance for credit losses for unfunded commitments			153
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Real Estate 1 [Member] | Construction and Land Development [Member]
Allowance for Credit Loss			233
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Allowance for Credit Loss			2,517
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Real Estate 1 [Member] | Other Real Estate Loans [Member]
Allowance for Credit Loss			5,311
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Commercial and Industrial Loans [Member]
Allowance for Credit Loss			1,487
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Consumer and Other Loans [Member]
Allowance for Credit Loss			84
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Held-to-Maturity, Allowance for Credit Loss			132	134
Allowance for Credit Loss			2,186	2,186
Allowance for credit losses for unfunded commitments			153
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Real Estate 1 [Member] | Construction and Land Development [Member]
Allowance for Credit Loss			(313)	(313)
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Allowance for Credit Loss			1,409	1,409
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Real Estate 1 [Member] | Other Real Estate Loans [Member]
Allowance for Credit Loss			1,702	1,702
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Commercial and Industrial Loans [Member]
Allowance for Credit Loss			(387)	(387)
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Consumer and Other Loans [Member]
Allowance for Credit Loss			(225)	(225)
Corporate Debt Securities [Member]
Held-to-Maturity, Allowance for Credit Loss	$ 131		0	0
Corporate Debt Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Held-to-Maturity, Allowance for Credit Loss			132
Corporate Debt Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Held-to-Maturity, Allowance for Credit Loss			$ 132	$ 134

Note 2 - Securities (Details Te

Note 2 - Securities (Details Textual) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 01, 2022 USD ($)
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 786
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss	$ 593
Weighted Average Re-pricing Term (Year)	5 years 10 months 24 days	6 years 6 months
Available For Sale Securities Transferred to Held For Sale			24
Debt Securities, Available-for-Sale, Amortized Cost	$ 176,499	$ 186,826	$ 82,200
Debt Securities, Available-for-Sale, Total	148,175	162,907	74,400
Debt Securities, Available-for-Sale, Unrealized Loss			$ 7,800
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), before Tax	1,200
Other Assets [Member]
Equity Securities without Readily Determinable Fair Value, Amount	$ 642	599
US Treasury Securities [Member]
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	3
Available-for-Sale Securities, Number of Securities	3
Debt Securities, Available-for-Sale, Amortized Cost	$ 12,474	12,468
Debt Securities, Available-for-Sale, Total	$ 11,113	11,229
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	94
Available-for-Sale Securities, Number of Securities	107
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	97
Available-for-Sale Securities, Number of Securities	104
Debt Securities, Available-for-Sale, Amortized Cost	$ 64,131	64,386
Debt Securities, Available-for-Sale, Total	$ 52,768	$ 54,760

Note 2 - Securities - Summary o

Note 2 - Securities - Summary of Amortized Costs and Fair Values of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jan. 01, 2023	Dec. 31, 2022	Sep. 01, 2022
Debt Securities, Available-for-Sale, Amortized Cost	$ 176,499		$ 186,826	$ 82,200
Gross unrealized gains, available for sale securities	64		99
Gross unrealized losses, available for sale securities	(28,388)		(24,018)
Debt Securities, Available-for-Sale, Total	148,175		162,907	$ 74,400
Securities available for sale, AFS	0
Amortized cost, held to maturity securities	150,079		153,158
Gross unrealized gains, held to maturity securities	0		0
Gross unrealized losses, held to maturity securities	(15,220)		(11,361)
Fair value, held to maturity securities	134,859		141,797
Securities available for sale, HTM	(131)		0
Amortized cost	326,578		339,984
Gross unrealized gains	64		99
Gross unrealized losses	(43,608)		(35,379)
Total securities, fair value	283,034		304,704
Total securities, allowance for credit loss	(131)
US Treasury Securities [Member]
Debt Securities, Available-for-Sale, Amortized Cost	12,474		12,468
Gross unrealized gains, available for sale securities	0		0
Gross unrealized losses, available for sale securities	(1,361)		(1,239)
Debt Securities, Available-for-Sale, Total	11,113		11,229
Securities available for sale, AFS	0
Amortized cost, held to maturity securities	38,862		38,211
Gross unrealized gains, held to maturity securities	0		0
Gross unrealized losses, held to maturity securities	(734)		(568)
Fair value, held to maturity securities	38,128		37,643
Securities available for sale, HTM	0		0
US Agency and Mortgage-backed Securities [Member]
Debt Securities, Available-for-Sale, Amortized Cost	99,894		109,972
Gross unrealized gains, available for sale securities	60		95
Gross unrealized losses, available for sale securities	(15,660)		(13,149)
Debt Securities, Available-for-Sale, Total	84,294		96,918
Securities available for sale, AFS	0
Amortized cost, held to maturity securities	96,563		99,374
Gross unrealized gains, held to maturity securities	0		0
Gross unrealized losses, held to maturity securities	(12,216)		(9,189)
Fair value, held to maturity securities	84,347		90,185
Securities available for sale, HTM	0		0
US States and Political Subdivisions Debt Securities [Member]
Debt Securities, Available-for-Sale, Amortized Cost	64,131		64,386
Gross unrealized gains, available for sale securities	4		4
Gross unrealized losses, available for sale securities	(11,367)		(9,630)
Debt Securities, Available-for-Sale, Total	52,768		54,760
Securities available for sale, AFS	0
Amortized cost, held to maturity securities	11,654		12,573
Gross unrealized gains, held to maturity securities	0		0
Gross unrealized losses, held to maturity securities	(1,706)		(1,252)
Fair value, held to maturity securities	9,948		11,321
Securities available for sale, HTM	0		0
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities	3,000		3,000
Gross unrealized gains, held to maturity securities	0		0
Gross unrealized losses, held to maturity securities	(564)		(352)
Fair value, held to maturity securities	2,436		2,648
Securities available for sale, HTM	$ (131)	$ 0	$ 0

Note 2 - Securities - Investmen

Note 2 - Securities - Investments in an Unrealized Loss Position That Were Temporarily Impaired (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Less than 12 months, fair value, available for sale securities	$ 9,818	$ 61,012
Less than 12 months, unrealized (loss), available for sale securities	(419)	(5,458)
12 months or more, fair value, available for sale securities	132,825	90,892
12 months or more, unrealized (loss), available for sale securities	(27,969)	(18,560)
Total, fair value, available for sale securities	142,643	151,904
Total, unrealized (loss), available for sale securities	(28,388)	(24,018)
Less than 12 months, fair value, held to maturity securities		88,617
Less than 12 months, fair value, held to maturity securities		(8,466)
12 months or more, fair value, held to maturity securities		53,181
12 months or more, unrealized (loss), available for sale securities		(2,895)
Total, fair value, held to maturity securities		141,798
Total, unrealized (loss), held to maturity securities		(11,361)
Less than 12 months, fair value		149,629
Less than 12 months, fair value,		(13,924)
12 months or more, fair value		144,073
12 months or more, unrealized (loss)		(21,455)
Total, fair value		293,702
Total, unrealized (loss)		(35,379)
US Treasury Securities [Member]
Less than 12 months, fair value, available for sale securities	0	9,041
Less than 12 months, unrealized (loss), available for sale securities	0	(932)
12 months or more, fair value, available for sale securities	11,113	2,188
12 months or more, unrealized (loss), available for sale securities	(1,361)	(307)
Total, fair value, available for sale securities	11,113	11,229
Total, unrealized (loss), available for sale securities	(1,361)	(1,239)
Less than 12 months, fair value, held to maturity securities		19,302
Less than 12 months, fair value, held to maturity securities		(258)
12 months or more, fair value, held to maturity securities		18,342
12 months or more, unrealized (loss), available for sale securities		(310)
Total, fair value, held to maturity securities		37,644
Total, unrealized (loss), held to maturity securities		(568)
US Agency and Mortgage-backed Securities [Member]
Less than 12 months, fair value, available for sale securities	2,065	27,282
Less than 12 months, unrealized (loss), available for sale securities	(37)	(1,945)
12 months or more, fair value, available for sale securities	77,201	62,342
12 months or more, unrealized (loss), available for sale securities	(15,623)	(11,204)
Total, fair value, available for sale securities	79,266	89,624
Total, unrealized (loss), available for sale securities	(15,660)	(13,149)
Less than 12 months, fair value, held to maturity securities		58,019
Less than 12 months, fair value, held to maturity securities		(6,848)
12 months or more, fair value, held to maturity securities		32,167
12 months or more, unrealized (loss), available for sale securities		(2,341)
Total, fair value, held to maturity securities		90,186
Total, unrealized (loss), held to maturity securities		(9,189)
US States and Political Subdivisions Debt Securities [Member]
Less than 12 months, fair value, available for sale securities	7,753	24,689
Less than 12 months, unrealized (loss), available for sale securities	(382)	(2,581)
12 months or more, fair value, available for sale securities	44,511	26,362
12 months or more, unrealized (loss), available for sale securities	(10,985)	(7,049)
Total, fair value, available for sale securities	52,264	51,051
Total, unrealized (loss), available for sale securities	$ (11,367)	(9,630)
Less than 12 months, fair value, held to maturity securities		8,648
Less than 12 months, fair value, held to maturity securities		(1,008)
12 months or more, fair value, held to maturity securities		2,672
12 months or more, unrealized (loss), available for sale securities		(244)
Total, fair value, held to maturity securities		11,320
Total, unrealized (loss), held to maturity securities		(1,252)
Corporate Debt Securities [Member]
Less than 12 months, fair value, held to maturity securities		2,648
Less than 12 months, fair value, held to maturity securities		(352)
12 months or more, fair value, held to maturity securities		0
12 months or more, unrealized (loss), available for sale securities		0
Total, fair value, held to maturity securities		2,648
Total, unrealized (loss), held to maturity securities		$ (352)

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost and Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 01, 2022
Due within one year, amortized cost, available for sale securities	$ 760
Due within one year, fair value, available for sale securities	757
Due within one year, amortized cost, held to maturity securities	20,828
Due within one year, fair value, held to maturity securities	20,642
Due after one year through five years, amortized cost, available for sale securities	23,027
Due after one year through five years, fair value, available for sale securities	21,026
Due after one year through five years, amortized cost, held to maturity securities	28,993
Due after one year through five years, fair value, held to maturity securities	27,586
Due after five years through ten years, amortized cost, available for sale securities	37,962
Due after five years through ten years, fair value, available for sale securities	33,340
Due after five years through ten years, amortized cost, held to maturity securities	23,514
Due after five years through ten years, fair value, held to maturity securities	20,658
Due after ten years, amortized cost, available for sale securities	114,750
Due after ten years, fair value, available for sale securities	93,052
Due after ten years, amortized cost, held to maturity securities	76,744
Due after ten years, fair value, held to maturity securities	65,973
Amortized cost, available for sale securities	176,499	$ 186,826	$ 82,200
Fair value, available for sale securities	148,175	162,907	$ 74,400
Amortized cost, held to maturity securities	150,079	153,158
Fair value, held to maturity securities	$ 134,859	$ 141,797

Note 2 - Securities - Compositi

Note 2 - Securities - Composition of Restricted Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Federal Home Loan Bank stock	$ 965	$ 796
Federal Reserve Bank stock	980	980
Community Bankers’ Bank stock	132	132
Total restricted securities	$ 2,077	$ 1,908

Note 2 - Securities - Credit Qu

Note 2 - Securities - Credit Quality Indicators for Held to Maturity Securities (Details) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Amortized cost, held to maturity securities		$ 150,079	$ 153,158
Moody's, Aaa Rating [Member]
Amortized cost, held to maturity securities		64,551	64,043
Moody's, Aa1/Aa2/Aa3 Rating [Member]
Amortized cost, held to maturity securities		8,842	9,447
Moody's, Baa1/ Baa2/ Baa3 Rating [Member]
Amortized cost, held to maturity securities		3,000	3,000
Not Rated - Agency [Member]
Amortized cost, held to maturity securities	[1]	73,686	76,668
US Treasury Securities [Member]
Amortized cost, held to maturity securities		38,862	38,211
US Treasury Securities [Member] | Moody's, Aaa Rating [Member]
Amortized cost, held to maturity securities		38,862	38,211
US Treasury Securities [Member] | Moody's, Aa1/Aa2/Aa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
US Treasury Securities [Member] | Moody's, Baa1/ Baa2/ Baa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
US Treasury Securities [Member] | Not Rated - Agency [Member]
Amortized cost, held to maturity securities	[1]	0	0
US Agency and Mortgage-backed Securities [Member]
Amortized cost, held to maturity securities		96,563	99,374
US Agency and Mortgage-backed Securities [Member] | Moody's, Aaa Rating [Member]
Amortized cost, held to maturity securities		22,877	22,706
US Agency and Mortgage-backed Securities [Member] | Moody's, Aa1/Aa2/Aa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
US Agency and Mortgage-backed Securities [Member] | Moody's, Baa1/ Baa2/ Baa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
US Agency and Mortgage-backed Securities [Member] | Not Rated - Agency [Member]
Amortized cost, held to maturity securities	[1]	73,686	76,668
US States and Political Subdivisions Debt Securities [Member]
Amortized cost, held to maturity securities		11,654	12,573
US States and Political Subdivisions Debt Securities [Member] | Moody's, Aaa Rating [Member]
Amortized cost, held to maturity securities		2,812	3,126
US States and Political Subdivisions Debt Securities [Member] | Moody's, Aa1/Aa2/Aa3 Rating [Member]
Amortized cost, held to maturity securities		8,842	9,447
US States and Political Subdivisions Debt Securities [Member] | Moody's, Baa1/ Baa2/ Baa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
US States and Political Subdivisions Debt Securities [Member] | Not Rated - Agency [Member]
Amortized cost, held to maturity securities	[1]	0	0
Corporate Debt Securities [Member]
Amortized cost, held to maturity securities		3,000	3,000
Corporate Debt Securities [Member] | Moody's, Aaa Rating [Member]
Amortized cost, held to maturity securities		0	0
Corporate Debt Securities [Member] | Moody's, Aa1/Aa2/Aa3 Rating [Member]
Amortized cost, held to maturity securities		0	0
Corporate Debt Securities [Member] | Moody's, Baa1/ Baa2/ Baa3 Rating [Member]
Amortized cost, held to maturity securities		3,000	3,000
Corporate Debt Securities [Member] | Not Rated - Agency [Member]
Amortized cost, held to maturity securities	[1]	$ 0	$ 0
[1]Generally considered not to have credit risk given the governmental guarantees associated with these agencies

Note 2 - Securities - Changes i

Note 2 - Securities - Changes in the Allowance for Credit Loss on Held to Maturity Securities (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Balance, HTM	$ 0
Provision for credit losses, HTM	10
Charge-offs of securities, HTM	0
Recoveries, HTM	(13)
Balance, HTM	131
Accounting Standards Update 2016-13 [Member]
Balance, HTM	131
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, HTM	134
US Treasury Securities [Member]
Balance, HTM	0
Provision for credit losses, HTM	0
Charge-offs of securities, HTM	0
Recoveries, HTM	0
Balance, HTM	0
US Treasury Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, HTM	0
US Agency and Mortgage-backed Securities [Member]
Balance, HTM	0
Provision for credit losses, HTM	0
Charge-offs of securities, HTM	0
Recoveries, HTM	0
Balance, HTM	0
US Agency and Mortgage-backed Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, HTM	0
US States and Political Subdivisions Debt Securities [Member]
Balance, HTM	0
Provision for credit losses, HTM	0
Charge-offs of securities, HTM	0
Recoveries, HTM	0
Balance, HTM	0
US States and Political Subdivisions Debt Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, HTM	0
Corporate Debt Securities [Member]
Balance, HTM	0
Provision for credit losses, HTM	10
Charge-offs of securities, HTM	0
Recoveries, HTM	(13)
Balance, HTM	131
Corporate Debt Securities [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance, HTM	$ 134

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount)	$ 929	$ 838
Financing Receivable, before Allowance for Credit Loss	952,499	920,523	$ 906,514
Financing Receivable, Purchased with Credit Deterioration, Discount (Premium)	2,000
Consumer and Other Loans [Member]
Financing Receivable, before Allowance for Credit Loss	11,014	7,581	$ 8,099
Consumer and Other Loans [Member] | Demand Deposit Overdrafts [Member]
Financing Receivable, before Allowance for Credit Loss	$ 368	$ 197

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jan. 01, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Loans	$ 952,499		$ 920,523	$ 906,514
Allowance for credit losses	(8,896)	$ (7,446)	(7,446)	(6,292)	$ (5,710)
Loans, net	943,603		913,077
Commercial and Industrial Loans [Member]
Loans	117,130		111,225	112,145
Allowance for credit losses	(920)	(1,874)	(1,874)	(931)	(718)
Consumer and Other Loans [Member]
Loans	11,014		7,581	8,099
Allowance for credit losses	(96)	(309)	(309)	(270)	(340)
Construction and Land Development [Member] | Real Estate 1 [Member]
Loans	50,405		51,840	51,352
Allowance for credit losses	(302)	(546)	(546)	(454)	(345)
Secured by Multi-family Residential Properties [Member] | Real Estate 1 [Member]
Loans	340,773		331,421	317,414
Allowance for credit losses	(2,433)	(1,108)	(1,108)	(1,064)	(1,077)
Other Real Estate Loans [Member] | Real Estate 1 [Member]
Loans	433,177		418,456	417,504
Allowance for credit losses	$ (5,145)	$ (3,609)	(3,609)	$ (3,573)	$ (3,230)
Consumer and Other Loans [Member] | Consumer and Other Loans [Member]
Loans			$ 7,581

Note 3 - Loans - Acquired Loans

Note 3 - Loans - Acquired Loans in Business Combinations (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Loans	$ 952,499	$ 920,523	$ 906,514
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	943,603	913,077
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	50,405	51,840	51,352
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	340,773	331,421	317,414
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	433,177	418,456	417,504
Commercial and Industrial Loans [Member]
Loans	117,130	111,225	112,145
Consumer and Other Loans [Member]
Loans	11,014	7,581	$ 8,099
Financial Asset Acquired with Credit Deterioration [Member]
Loans	166,349	187,017
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	164,321	184,480
Financial Asset Acquired with Credit Deterioration [Member] | Real Estate 1 [Member] | Construction and Land Development [Member]
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	8,450	9,823
Financial Asset Acquired with Credit Deterioration [Member] | Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	36,405	42,915
Financial Asset Acquired with Credit Deterioration [Member] | Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	95,313	103,521
Financial Asset Acquired with Credit Deterioration [Member] | Commercial and Industrial Loans [Member]
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	20,681	24,661
Financial Asset Acquired with Credit Deterioration [Member] | Consumer and Other Loans [Member]
Loans, net of allowance for credit losses, 2023, $8,896; 2022, $7,446	$ 3,472	$ 3,560

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, 2023	Dec. 31, 2022	Sep. 30, 2022
Loans	$ 952,499	$ 920,523	$ 906,514
Non-accrual loans	3,116	2,673
Accruing loans past due 90 days or more amounted	370	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans	1,335	1,314
Financial Asset, 60 to 89 Days Past Due [Member]
Loans	60	235
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	637	2,337
Financial Asset, Past Due [Member]
Loans	2,032	3,886
Financial Asset, Not Past Due [Member]
Loans	950,467	916,637
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	50,405	51,840	51,352
Non-accrual loans	39	1,045
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	115
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	20
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	39	1,045
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Past Due [Member]
Loans	39	1,180
Real Estate 1 [Member] | Construction and Land Development [Member] | Financial Asset, Not Past Due [Member]
Loans	50,366	50,660
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	340,773	331,421	317,414
Non-accrual loans	546	530
Accruing loans past due 90 days or more amounted	368	0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	1,242	1,033
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	58	60
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	534	207
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Past Due [Member]
Loans	1,834	1,300
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Financial Asset, Not Past Due [Member]
Loans	338,939	330,121
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	433,177	418,456	417,504
Non-accrual loans	67	13
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	109
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	62	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Past Due [Member]
Loans	62	109
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	433,115	418,347
Commercial and Industrial Loans [Member]
Loans	117,130	111,225	112,145
Non-accrual loans	2,464	1,085
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	83	31
Commercial and Industrial Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	0	130
Commercial and Industrial Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	0	1,085
Commercial and Industrial Loans [Member] | Financial Asset, Past Due [Member]
Loans	83	1,246
Commercial and Industrial Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	117,047	109,979
Consumer and Other Loans [Member]
Loans	11,014	7,581	$ 8,099
Non-accrual loans	0	0
Accruing loans past due 90 days or more amounted	2	0
Consumer and Other Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans	10	26
Consumer and Other Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans	2	25
Consumer and Other Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans	2	0
Consumer and Other Loans [Member] | Financial Asset, Past Due [Member]
Loans	14	51
Consumer and Other Loans [Member] | Financial Asset, Not Past Due [Member]
Loans	$ 11,000	$ 7,530

Note 3 - Loans - Analysis of th

Note 3 - Loans - Analysis of the Credit Risk Profile of Each Loan Class (Details) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Loans	$ 952,499	$ 906,514	$ 920,523
Current period gross write-offs, total	1,228	393	529
Pass [Member]
Loans			915,590
Special Mention [Member]
Loans			1,959
Substandard [Member]
Loans			2,974
Doubtful [Member]
Loans			0
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans, current year	2,625
Loans, one year before	3,311
Loans, two years before	7,824
Loans, three years before	2,613
Loans, four years before	2,127
Loans, prior	3,329
Loans, revolving	28,576
Loans	50,405	51,352	51,840
Current period gross write-offs, current year	0
Current period gross write-offs. one year before	0
Current period gross write-offs, two years before	0
Current period gross write-offs, three years before	0
Current period gross write-offs, four years before	0
Current period gross write-offs, prior	0
Current period gross write-offs, revolving	0
Current period gross write-offs, total	0	0	0
Real Estate 1 [Member] | Construction and Land Development [Member] | Pass [Member]
Loans, current year	2,625
Loans, one year before	3,311
Loans, two years before	7,824
Loans, three years before	2,613
Loans, four years before	2,127
Loans, prior	3,290
Loans, revolving	28,576
Loans	50,366		50,795
Real Estate 1 [Member] | Construction and Land Development [Member] | Special Mention [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Real Estate 1 [Member] | Construction and Land Development [Member] | Substandard [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	39
Loans, revolving	0
Loans	39		1,045
Real Estate 1 [Member] | Construction and Land Development [Member] | Doubtful [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans, current year	32,461
Loans, one year before	78,142
Loans, two years before	65,474
Loans, three years before	42,454
Loans, four years before	33,258
Loans, prior	79,546
Loans, revolving	9,438
Loans	340,773	317,414	331,421
Current period gross write-offs, current year	0
Current period gross write-offs. one year before	0
Current period gross write-offs, two years before	0
Current period gross write-offs, three years before	0
Current period gross write-offs, four years before	0
Current period gross write-offs, prior	0
Current period gross write-offs, revolving	0
Current period gross write-offs, total	0	6	6
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Pass [Member]
Loans, current year	32,461
Loans, one year before	78,044
Loans, two years before	65,455
Loans, three years before	42,454
Loans, four years before	33,258
Loans, prior	78,826
Loans, revolving	9,438
Loans	339,936		330,590
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Special Mention [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Substandard [Member]
Loans, current year	0
Loans, one year before	98
Loans, two years before	19
Loans, three years before	0
Loans, four years before	0
Loans, prior	720
Loans, revolving	0
Loans	837		831
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Doubtful [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans, current year	34,365
Loans, one year before	93,010
Loans, two years before	87,799
Loans, three years before	42,599
Loans, four years before	40,686
Loans, prior	123,320
Loans, revolving	11,398
Loans	433,177	417,504	418,456
Current period gross write-offs, current year	0
Current period gross write-offs. one year before	0
Current period gross write-offs, two years before	0
Current period gross write-offs, three years before	0
Current period gross write-offs, four years before	0
Current period gross write-offs, prior	0
Current period gross write-offs, revolving	0
Current period gross write-offs, total	0	0	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Pass [Member]
Loans, current year	34,365
Loans, one year before	93,010
Loans, two years before	87,799
Loans, three years before	42,599
Loans, four years before	40,686
Loans, prior	123,320
Loans, revolving	11,331
Loans	433,110		416,559
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Special Mention [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		1,884
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Substandard [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	67
Loans	67		13
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Doubtful [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Commercial and Industrial Loans [Member]
Loans, current year	21,279
Loans, one year before	33,086
Loans, two years before	25,491
Loans, three years before	4,473
Loans, four years before	5,135
Loans, prior	9,616
Loans, revolving	18,050
Loans	117,130	112,145	111,225
Current period gross write-offs, current year	0
Current period gross write-offs. one year before	0
Current period gross write-offs, two years before	0
Current period gross write-offs, three years before	624
Current period gross write-offs, four years before	0
Current period gross write-offs, prior	253
Current period gross write-offs, revolving	0
Current period gross write-offs, total	877	0	32
Commercial and Industrial Loans [Member] | Pass [Member]
Loans, current year	21,279
Loans, one year before	30,216
Loans, two years before	25,491
Loans, three years before	4,373
Loans, four years before	5,135
Loans, prior	8,729
Loans, revolving	18,050
Loans	113,273		110,065
Commercial and Industrial Loans [Member] | Special Mention [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		75
Commercial and Industrial Loans [Member] | Substandard [Member]
Loans, current year	0
Loans, one year before	2,870
Loans, two years before	0
Loans, three years before	100
Loans, four years before	0
Loans, prior	887
Loans, revolving	0
Loans	3,857		1,085
Commercial and Industrial Loans [Member] | Doubtful [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Consumer and Other Loans [Member]
Loans, current year	2,625
Loans, one year before	1,408
Loans, two years before	395
Loans, three years before	1,505
Loans, four years before	2,222
Loans, prior	29
Loans, revolving	2,830
Loans	11,014	8,099	7,581
Current period gross write-offs, current year	273
Current period gross write-offs. one year before	55
Current period gross write-offs, two years before	3
Current period gross write-offs, three years before	14
Current period gross write-offs, four years before	3
Current period gross write-offs, prior	3
Current period gross write-offs, revolving	0
Current period gross write-offs, total	351	$ 387	491
Consumer and Other Loans [Member] | Pass [Member]
Loans, current year	2,625
Loans, one year before	1,408
Loans, two years before	395
Loans, three years before	1,505
Loans, four years before	2,222
Loans, prior	29
Loans, revolving	2,830
Loans	11,014		7,581
Consumer and Other Loans [Member] | Special Mention [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Consumer and Other Loans [Member] | Substandard [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	0		0
Consumer and Other Loans [Member] | Doubtful [Member]
Loans, current year	0
Loans, one year before	0
Loans, two years before	0
Loans, three years before	0
Loans, four years before	0
Loans, prior	0
Loans, revolving	0
Loans	$ 0		$ 0

Note 4 - Allowance for Credit_3

Note 4 - Allowance for Credit Losses (Details Textual) Pure in Thousands, $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Jan. 01, 2023 USD ($)
Financing Receivable, Modified, Accumulated			$ 101
Financing Receivable, Modifications, Number of Contracts		0	0
Financing Receivable, Modified, Subsequent Default	$ 0	$ 0
Financing Receivable, Modified, Allowance for Credit Loss	307
Off-Balance-Sheet, Credit Loss, Liability				$ 0
Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal)	8
Other Liabilities [Member]
Off-Balance-Sheet, Credit Loss, Liability	$ 189
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Off-Balance-Sheet, Credit Loss, Liability				$ 153

Note 4 - Allowance for Credit_4

Note 4 - Allowance for Credit Losses - Allowance by Impairment Methodology and Loans by Impairment Methodology (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Balance		$ 7,446	$ 5,710	$ 5,710
Charge-offs		(1,228)	(393)	(529)
Recoveries		326	375	415
Financing Receivable, Credit Loss, Expense (Reversal)		166	600	1,850
Balance	$ 8,896	8,896	6,292	7,446
Individually evaluated	307	307	0	888
Collectively evaluated	8,589	8,589	6,292	6,558
Loans	952,499	952,499	906,514	920,523
Individually evaluated	3,116	3,116	566	2,673
Collectively evaluated	949,383	949,383	905,948	917,850
Accounting Standards Update 2016-13 [Member]
Financing Receivable, Credit Loss, Expense (Reversal)	12
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		2,186
Balance				2,186
Real Estate 1 [Member] | Construction and Land Development [Member]
Balance		546	345	345
Charge-offs		0	0	0
Recoveries		1	10	10
Financing Receivable, Credit Loss, Expense (Reversal)		68	99	191
Balance	302	302	454	546
Individually evaluated	0	0	0	0
Collectively evaluated	302	302	454	546
Loans	50,405	50,405	51,352	51,840
Individually evaluated	39	39	0	1,045
Collectively evaluated	50,366	50,366	51,352	50,795
Real Estate 1 [Member] | Construction and Land Development [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		(313)
Balance				(313)
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Balance		1,108	1,077	1,077
Charge-offs		0	(6)	(6)
Recoveries		13	15	19
Financing Receivable, Credit Loss, Expense (Reversal)		(97)	(22)	18
Balance	2,433	2,433	1,064	1,108
Individually evaluated	0	0	0	0
Collectively evaluated	2,433	2,433	1,064	1,108
Loans	340,773	340,773	317,414	331,421
Individually evaluated	546	546	549	530
Collectively evaluated	340,227	340,227	316,865	330,891
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		1,409
Balance				1,409
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Balance		3,609	3,230	3,230
Charge-offs		0	0	0
Recoveries		13	12	15
Financing Receivable, Credit Loss, Expense (Reversal)		(179)	331	364
Balance	5,145	5,145	3,573	3,609
Individually evaluated	0	0	0	0
Collectively evaluated	5,145	5,145	3,573	3,609
Loans	433,177	433,177	417,504	418,456
Individually evaluated	67	67	17	13
Collectively evaluated	433,110	433,110	417,487	418,443
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		1,702
Balance				1,702
Commercial and Industrial Loans [Member]
Balance		1,874	718	718
Charge-offs		(877)	0	(32)
Recoveries		145	144	145
Financing Receivable, Credit Loss, Expense (Reversal)		165	69	1,043
Balance	920	920	931	1,874
Individually evaluated	307	307	0	888
Collectively evaluated	613	613	931	986
Loans	117,130	117,130	112,145	111,225
Individually evaluated	2,464	2,464	0	1,085
Collectively evaluated	114,666	114,666	112,145	110,140
Commercial and Industrial Loans [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		(387)
Balance				(387)
Consumer and Other Loans [Member]
Balance		309	340	340
Charge-offs		(351)	(387)	(491)
Recoveries		154	194	226
Financing Receivable, Credit Loss, Expense (Reversal)		209	123	234
Balance	96	96	270	309
Individually evaluated	0	0	0	0
Collectively evaluated	96	96	270	309
Loans	11,014	11,014	8,099	7,581
Individually evaluated	0	0	0	0
Collectively evaluated	$ 11,014	11,014	$ 8,099	7,581
Consumer and Other Loans [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		$ (225)
Balance				$ (225)

Note 4 - Allowance for Credit_5

Note 4 - Allowance for Credit Losses - Nonaccrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Nonaccrual, No Allowance	$ 652
Nonaccrual, With Allowance	2,464
Non-accrual loans	3,116	$ 2,673
Real Estate 1 [Member] | Construction and Land Development [Member]
Nonaccrual, No Allowance	39
Nonaccrual, With Allowance	0
Non-accrual loans	39	1,045
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Nonaccrual, No Allowance	546
Nonaccrual, With Allowance	0
Non-accrual loans	546	530
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Nonaccrual, No Allowance	67
Nonaccrual, With Allowance	0
Non-accrual loans	67	13
Commercial and Industrial Loans [Member]
Nonaccrual, No Allowance	0
Nonaccrual, With Allowance	2,464
Non-accrual loans	$ 2,464	$ 1,085

Note 4 - Allowance for Credit_6

Note 4 - Allowance for Credit Losses - Impaired Loans and Related Allowances (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2022
Impaired loans, unpaid principal balance	$ 589	$ 4,202
Impaired loans, recorded investment with no allowance	566	1,588
Impaired loans, recorded investment with allowance	0	1,085
Impaired loans, total recorded investment	566	2,673
Impaired loans, related allowance	0	888
Impaired loans, average recorded investment	1,440	1,282
Impaired loans, interest income recognized	11	126
Real Estate 1 [Member] | Construction and Land Development [Member]
Impaired loans, unpaid principal balance		2,412
Impaired loans, recorded investment with no allowance		1,045
Impaired loans, recorded investment with allowance		0
Impaired loans, total recorded investment		1,045
Impaired loans, related allowance		0
Impaired loans, average recorded investment		30
Impaired loans, interest income recognized		75
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Impaired loans, unpaid principal balance	560	680
Impaired loans, recorded investment with no allowance	549	530
Impaired loans, recorded investment with allowance	0	0
Impaired loans, total recorded investment	549	530
Impaired loans, related allowance	0	0
Impaired loans, average recorded investment	593	580
Impaired loans, interest income recognized	11	11
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Impaired loans, unpaid principal balance	29	26
Impaired loans, recorded investment with no allowance	17	13
Impaired loans, recorded investment with allowance	0	0
Impaired loans, total recorded investment	17	13
Impaired loans, related allowance	0	0
Impaired loans, average recorded investment	24	22
Impaired loans, interest income recognized	0	0
Commercial and Industrial Loans [Member]
Impaired loans, unpaid principal balance	0	1,084
Impaired loans, recorded investment with no allowance	0	0
Impaired loans, recorded investment with allowance	0	1,085
Impaired loans, total recorded investment	0	1,085
Impaired loans, related allowance	0	888
Impaired loans, average recorded investment	823	650
Impaired loans, interest income recognized	$ 0	$ 40

Note 4 - Allowance for Credit_7

Note 4 - Allowance for Credit Losses- Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Loans	$ 952,499	$ 920,523	$ 906,514
Real Estate 1 [Member] | Real Estate [Member]
Loans	652
Real Estate 1 [Member] | Non Real Estate [Member]
Loans	2,464
Real Estate 1 [Member] | Collateral Pledged [Member]
Loans	3,116
Real Estate 1 [Member] | Construction and Land Development [Member]
Loans	50,405	51,840	51,352
Real Estate 1 [Member] | Construction and Land Development [Member] | Real Estate [Member]
Loans	39
Real Estate 1 [Member] | Construction and Land Development [Member] | Non Real Estate [Member]
Loans	0
Real Estate 1 [Member] | Construction and Land Development [Member] | Collateral Pledged [Member]
Loans	39
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member]
Loans	340,773	331,421	317,414
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Real Estate [Member]
Loans	546
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Non Real Estate [Member]
Loans	0
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Collateral Pledged [Member]
Loans	546
Real Estate 1 [Member] | Other Real Estate Loans [Member]
Loans	433,177	$ 418,456	$ 417,504
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Real Estate [Member]
Loans	67
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Non Real Estate [Member]
Loans	0
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Collateral Pledged [Member]
Loans	67
Real Estate 1 [Member] | Commercial and Industrial Loans [Member] | Real Estate [Member]
Loans	0
Real Estate 1 [Member] | Commercial and Industrial Loans [Member] | Non Real Estate [Member]
Loans	2,464
Real Estate 1 [Member] | Commercial and Industrial Loans [Member] | Collateral Pledged [Member]
Loans	$ 2,464

Note 4 - Allowance for Credit_8

Note 4 - Allowance for Credit Losses - Modified Financing Receivable (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Amortized cost basis		$ 101
Extended Maturity [Member]
Amortized cost basis	$ 2,528
to Total Financing Receivables, Percentage	2.12%
Principal Forgiveness [Member]
Amortized cost basis	$ 17
to Total Financing Receivables, Percentage	0.01%
Real Estate 1 [Member] | Construction and Land Development [Member] | Extended Maturity [Member]
Amortized cost basis	$ 0
to Total Financing Receivables, Percentage	0%
Real Estate 1 [Member] | Construction and Land Development [Member] | Principal Forgiveness [Member]
Amortized cost basis	$ 0
to Total Financing Receivables, Percentage	0%
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Extended Maturity [Member]
Amortized cost basis	$ 64
to Total Financing Receivables, Percentage	0.02%
term effect (Year)	15 years
Real Estate 1 [Member] | Secured by Multi-family Residential Properties [Member] | Principal Forgiveness [Member]
Amortized cost basis	$ 17
to Total Financing Receivables, Percentage	0.01%
financial effect	$ 29
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Extended Maturity [Member]
Amortized cost basis	$ 0
to Total Financing Receivables, Percentage	0%
Real Estate 1 [Member] | Other Real Estate Loans [Member] | Principal Forgiveness [Member]
Amortized cost basis	$ 0
to Total Financing Receivables, Percentage	0%
Commercial and Industrial Loans [Member] | Extended Maturity [Member]
Amortized cost basis	$ 2,464
to Total Financing Receivables, Percentage	2.10%
Commercial and Industrial Loans [Member] | Principal Forgiveness [Member]
Amortized cost basis	$ 0
to Total Financing Receivables, Percentage	0%

Note 5 - Earnings Per Common _3

Note 5 - Earnings Per Common Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	603	0	603	0

Note 5 - Earnings Per Common _4

Note 5 - 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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net income	$ 3,121	$ 4,454	$ 10,475	$ 12,018
Weighted average shares outstanding – basic (in shares)	6,256,663	6,257,040	6,266,707	6,248,847
Potentially dilutive common shares – restricted stock units (in shares)	14,688	7,067	9,795	6,121
Weighted average shares outstanding – diluted (in shares)	6,271,351	6,264,107	6,276,502	6,254,968
Basic (in dollars per share)	$ 0.5	$ 0.71	$ 1.67	$ 1.92
Diluted (in dollars per share)	$ 0.5	$ 0.71	$ 1.67	$ 1.92

Note 6 - Fair Value Measureme_3

Note 6 - Fair Value Measurements - Balances of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 01, 2022
Fair value, available for sale securities	$ 148,175	$ 162,907	$ 74,400
Fair Value, Recurring [Member]
Fair value, available for sale securities	148,175	162,907
Derivatives - cash flow hedges	3,065	2,679
Assets, Fair Value	151,240	165,586
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	148,175	162,907
Derivatives - cash flow hedges	3,065	2,679
Assets, Fair Value	151,240	165,586
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	11,113	11,229
US Treasury Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	11,113	11,229
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair value, available for sale securities	0	0
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair value, available for sale securities	11,113	11,229
US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	0	0
US Agency and Mortgage-backed Securities [Member]
Fair value, available for sale securities	84,294	96,918
US Agency and Mortgage-backed Securities [Member] | Fair Value, Recurring [Member]
Fair value, available for sale securities	84,294	96,918
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	84,294	96,918
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	52,768	54,760
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	52,768	54,760
Municipal Bonds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair value, available for sale securities	$ 0	$ 0

Note 6 - Fair Value Measureme_4

Note 6 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Collateral Dependent Loans [Member]
Assets, Fair Value	$ 3,116
Collateral Dependent Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value	0
Collateral Dependent Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value	0
Collateral Dependent Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value	$ 3,116
Other Real Estate Owned [Member]
Assets, Fair Value		$ 184
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value		0
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value		0
Other Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		184
Impaired Loans [Member]
Assets, Fair Value		197
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value		0
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value		0
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value		$ 197

Note 6 - Fair Value Measureme_5

Note 6 - Fair Value Measurements - Quantitative Information About Level 3 Fair Value Measurements (Details) - Fair Value, Nonrecurring [Member] $ in Thousands		Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Collateral Dependent Loans [Member]
Assets, Fair Value		$ 3,116
Other Real Estate Owned [Member]
Assets, Fair Value			$ 184
Impaired Loans [Member]
Assets, Fair Value			$ 197
Fair Value, Inputs, Level 3 [Member]
Impaired loans, net			197
Fair Value, Inputs, Level 3 [Member] | Measurement Input, Cost to Sell [Member]
Other real estate owned	[1]		0.10
Fair Value, Inputs, Level 3 [Member] | Collateral Dependent Loans [Member]
Assets, Fair Value		$ 3,116
Fair Value, Inputs, Level 3 [Member] | Collateral Dependent Loans [Member] | Measurement Input, Discount Rate [Member]
Collateral dependent loans		0.06
Fair Value, Inputs, Level 3 [Member] | Other Real Estate Owned [Member]
Assets, Fair Value			$ 184
Fair Value, Inputs, Level 3 [Member] | Other Real Estate Owned [Member] | Valuation Technique, Property Appraisals [Member]
Assets, Fair Value			184
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Assets, Fair Value			$ 197
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member] | Measurement Input, Cost to Sell [Member]
Impaired loans, net			6.5
[1]Unobservable inputs were weighted by the relative fair value of the instruments.

Note 6 - Fair Value Measureme_6

Note 6 - Fair Value Measurements - Carrying Values and Estimated Values of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Sep. 01, 2022
Fair value, available for sale securities	$ 148,175	$ 162,907	$ 74,400
Securities held to maturity, net	150,079	153,158
Restricted securities	2,077	1,908
Bank owned life insurance	24,734	24,531
Reported Value Measurement [Member]
Cash and interest-bearing deposits in banks	50,099	66,914
Fair value, available for sale securities	148,175	162,907
Securities held to maturity, net	149,948	153,158
Restricted securities	2,077	1,908
Loans, net	943,603	913,077
Bank owned life insurance	24,734	24,531
Accrued interest receivable	4,502	4,543
Derivatives - cash flow hedges	3,065	2,679
Deposits	1,235,173	1,241,332
Subordinated debt	4,997	4,995
Junior subordinated debt	9,279	9,279
Accrued interest payable	667	163
Estimate of Fair Value Measurement [Member]
Cash and interest-bearing deposits in banks	50,099	66,914
Fair value, available for sale securities	148,175	162,907
Securities held to maturity, net	134,728	141,797
Restricted securities	2,077	1,908
Loans, net	901,921	880,473
Bank owned life insurance	24,734	24,531
Accrued interest receivable	4,502	4,543
Derivatives - cash flow hedges	3,065	2,679
Deposits	1,230,713	1,235,787
Subordinated debt	5,161	5,267
Junior subordinated debt	6,290	6,067
Accrued interest payable	667	163
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and interest-bearing deposits in banks	50,099	66,914
Fair value, available for sale securities	0	0
Securities held to maturity, net	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
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and interest-bearing deposits in banks	0	0
Fair value, available for sale securities	148,175	162,907
Securities held to maturity, net	134,728	141,797
Restricted securities	2,077	1,908
Loans, net	0	0
Bank owned life insurance	24,734	24,531
Accrued interest receivable	4,502	4,543
Derivatives - cash flow hedges	3,065	2,679
Deposits		1,104,483
Subordinated debt	0	0
Junior subordinated debt	0	0
Accrued interest payable	667	163
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and interest-bearing deposits in banks	0	0
Fair value, available for sale securities	0	0
Securities held to maturity, net	0	0
Restricted securities	0	0
Loans, net		880,473
Bank owned life insurance	0	0
Accrued interest receivable	0	0
Derivatives - cash flow hedges	0	0
Deposits		131,304
Subordinated debt		5,267
Junior subordinated debt		6,067
Accrued interest payable	$ 0	$ 0

Note 7 - Stock Compensation P_3

Note 7 - Stock Compensation Plans (Details Textual) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	May 11, 2023	May 10, 2023
Board of Directors [Member]
Share-Based Payment Arrangement, Expense	$ 202			$ 130	$ 402	$ 481
Restricted Stock Units (RSUs) [Member]
Share-Based Payment Arrangement, Expense	72			$ 56	$ 279	$ 247
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		10,000	13,727		23,727
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount	$ 422				$ 422
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)			4,580
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)			9,147
Restricted Stock Units (RSUs) [Member] | Vesting in February 2025 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		4,000
Restricted Stock Units (RSUs) [Member] | Vesting on a Three Year Schedule [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		6,000
First National Corporation 2023 Stock Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)							325,000	325,000

Note 7 - Stock Compensation P_4

Note 7 - Stock Compensation Plans - Summary of Restricted Stock Unit Activity (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	3 Months Ended		9 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2023
Unvested, beginning of year (in shares)		29,181	29,181
Unvested, beginning of year, weighted average grant date fair value (in dollars per share)		$ 20.31	$ 20.31
Granted, shares (in shares)	10,000	13,727	23,727
Granted, weighted average grant date fair value (in dollars per share)			$ 16.56
Vested, shares (in shares)			(11,401)
Vested, weighted average grant date fair value (in dollars per share)			$ 19.2
Forfeited, shares (in shares)			0
Forfeited, weighted average grant date fair value (in dollars per share)			$ 0
Unvested, end of period (in shares)			41,507
Unvested, end of period, weighted average grant date fair value (in dollars per share)			$ 18.47

Note 8 - Accumulated Other Co_3

Note 8 - 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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Balance	$ 112,860	$ 100,315	$ 108,360	$ 117,039
Unrealized holding losses	(4,063)	581	(3,480)	(23,424)
Change in fair value of cash flow hedges, net of tax	424	404	304	1,409
Total other comprehensive (loss)	(3,316)	(5,051)	(2,204)	(28,051)
Balance	111,979	99,077	111,979	99,077
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	(23,355)	(24,450)	(24,587)	(445)
Unrealized holding losses	(4,063)	581	(3,480)	(23,424)
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	323	(6,036)	972	(6,036)
Change in fair value of cash flow hedges, net of tax	0	0	0	0
Total other comprehensive (loss)	(3,740)	(5,455)	(2,508)	(29,460)
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	323	(6,036)	972	(6,036)
Balance	(27,095)	(29,905)	(27,095)	(29,905)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Balance	1,996	1,748	2,116	743
Unrealized holding losses	0	0	0	0
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	0	0	0	0
Change in fair value of cash flow hedges, net of tax	424	404	304	1,409
Total other comprehensive (loss)	424	404	304	1,409
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	0	0	0	0
Balance	2,420	2,152	2,420	2,152
AOCI Attributable to Parent [Member]
Balance	(21,359)	(22,702)	(22,471)	298
Unrealized holding losses	(4,063)	581	(3,480)	(23,424)
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	323	(6,036)	972	(6,036)
Change in fair value of cash flow hedges, net of tax	424	404	304	1,409
Total other comprehensive (loss)	(3,316)	(5,051)	(2,204)	(28,051)
Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity	323	(6,036)	972	(6,036)
Balance	$ (24,675)	$ (27,753)	$ (24,675)	$ (27,753)

Note 8 - Accumulated Other Co_4

Note 8 - 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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Unrealized holding gains, tax	$ (1,080)	$ 155	$ (925)	$ (6,225)
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Gain (Loss), before Adjustment, Tax	86	(1,605)	258	(1,605)
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Gain (Loss), before Adjustment, Amortization	86	0	258	0
Change in fair value of cash flow hedges, tax	$ 113	106	$ 82	373
AOCI Attributable to Parent [Member]
OCI, Debt Securities, Available-for-Sale, Transfer from Held-to-Maturity, Gain (Loss), before Adjustment, Amortization		$ (157)		$ (157)

Note 9 - Revenue Recognition -

Note 9 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Noninterest income	$ 2,855	$ 2,614	$ 8,092	$ 7,604
Noninterest income (out-of-scope of Topic 606)	198	413	623	914
Total noninterest income	3,053	3,027	8,715	8,518
Service Charges on Deposit Accounts [Member]
Noninterest income	733	708	2,062	2,015
ATM and Check Card Fees [Member]
Noninterest income	976	915	2,624	2,462
Wealth Management Fees [Member]
Noninterest income	811	739	2,336	2,302
Mortgage Banking [Member]
Noninterest income	38	72	73	224
Participating Life Insurance Contract [Member]
Noninterest income	175	166	459	441
Fees for Other Customer Services [Member]
Noninterest income	$ 122	$ 14	$ 538	$ 160

Note 10 - Derivative Financia_3

Note 10 - Derivative Financial Instruments (Details Textual) $ in Millions	Apr. 21, 2020 USD ($)
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 One [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative, Variable Interest Rate	0.26161%
Interest Rate Swap Two [Member]
Derivative, Notional Amount	$ 4
Derivative, Fixed Interest Rate	0.82%
Interest Rate Swap Two [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Derivative, Variable Interest Rate	0.26161%

Note 10 - Derivative Financia_4

Note 10 - Derivative Financial Instruments - Derivative Instruments Components (Details) - Interest Rate Swap [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Notional amount		$ 9,000	$ 9,000
Derivative Assets		3,065	2,679
Derivative liabilities		0	0
Interest rate swap contracts	[1]	$ 0	$ 0
[1]Collateral pledged may be comprised of cash or securities.