Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 4 Loans, excluding loans held for sale at December 31, 2023 2022 December 31, 2023 2022 Commercial $ 302,305 $ 304,247 Commercial real estate: Construction and land development 274,035 197,525 Commercial real estate - owner occupied 414,321 418,462 Commercial real estate - non-owner occupied 830,655 827,728 Residential real estate: Residential 369,892 338,132 Home equity 90,298 93,740 Consumer 6,814 6,615 Total loans, net of deferred fees and costs $ 2,288,320 $ 2,186,449 Net deferred loan costs included in the above loan categories are $255 thousand for 2023 and $202 thousand for 2022 in all other categories. Overdraft deposits were reclassified to consumer loans in the amount of $132 th 2023 2022 Acquired Loans The following information as of and for the year ended December 31, 2022 326. 310 30 December 31, 2022 2022 Outstanding principal balance $ 125,856 Carrying amount 120,432 The outstanding principal balance and related carrying amount of purchased credit impaired loans, for which the Company applies ASC 310 30 December 31, 2022 2022 Outstanding principal balance $ 17,788 Carrying amount 13,541 The following table presents changes in the accretable yield on purchased credit impaired loans, for which the Company applies ASC 310 30, December 31, 2022 2022 Balance at January 1 $ 4,902 Accretion (2,186 ) Reclassification from nonaccretable difference 986 Other changes, net (1) (172 ) Balance at December 31 $ 3,530 _________________________ ( 1 Past Due Loans The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2023 90 Days + Past Due Non- Total 30- 59 Days 60-89 Days and Still Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans Commercial $ 1,642 $ — $ — $ — $ 1,642 $ 300,663 $ 302,305 Commercial real estate: Construction and land development 326 — — — 326 273,709 274,035 Commercial real estate - owner occupied 269 — — 2,911 3,180 411,141 414,321 Commercial real estate - non-owner occupied 597 — — 2,327 2,924 827,731 830,655 Residential: Residential 614 208 — 390 1,212 368,680 369,892 Home equity 121 25 — 171 317 89,981 90,298 Consumer 1 3 — 15 19 6,795 6,814 Total $ 3,570 $ 236 $ — $ 5,814 $ 9,620 $ 2,278,700 $ 2,288,320 The following table shows an analysis by portfolio segment of the Company's past due loans at December 31, 2022 90 Days + Past Due Non- Total 30- 59 Days 60-89 Days and Still Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans Commercial $ 161 $ — $ — $ 4 $ 165 $ 304,082 $ 304,247 Commercial real estate: Construction and land development — — — — — 197,525 197,525 Commercial real estate - owner occupied 724 268 — — 992 417,470 418,462 Commercial real estate - non-owner occupied 319 — — 301 620 827,108 827,728 Residential: Residential 664 90 — 797 1,551 336,581 338,132 Home equity 104 — — 205 309 93,431 93,740 Consumer — — 16 — 16 6,599 6,615 Total $ 1,972 $ 358 $ 16 $ 1,307 $ 3,653 $ 2,182,796 $ 2,186,449 The following table is a summary of nonaccrual loans by major categories for the dates indicated (dollars in thousands). All payments received while on nonaccrual status are applied against the principal balance of the loan. The Company does not CECL Incurred Loss December 31, 2023 December 31, 2022 Nonaccrual Loans Nonaccrual Loans Total with No Allowance with an Allowance Nonaccrual Loans Nonaccrual Loans Commercial $ - $ - $ - $ 4 Commercial real estate: Construction and land development - - - - Commercial real estate-owner occupied 2,911 - 2,911 - Commercial real estate-non-owner occupied 2,327 - 2,327 301 Residential: Residential 340 50 390 797 Home equity - 171 171 205 Consumer - 15 15 - Total $ 5,578 $ 236 $ 5,814 $ 1,307 The following table represents the accrued interest receivables written off by reversing interest during the twelve December 31, 2023 ( For the Twelve Months Ended December 31, 2023 Commercial $ 2 Commercial real estate: Construction and land development - Commercial real estate-owner occupied 10 Commercial real estate-non-owner occupied 15 Residential: Residential 3 Home equity 1 Consumer - Total accrued interest reversed $ 31 The following table presents a nonaccrual loan analysis of collateral dependent loans as of December 31, 2023. Residential Business Commercial Owner Total Properties Assets Land Property Occupied Loans Commercial real estate: $ - $ - $ - $ 2,327 $ 2,911 $ 5,238 Residential: Residential 340 - - - - 340 Home equity - - - - - - Total collateral dependent loans $ 340 $ - $ - $ 2,327 $ 2,911 $ 5,578 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 one may The following table shows the amortized cost basis of loans modified to borrowers experiencing financial difficulty during the year ended December 31, 2023. not no December 31, 2023 2022. Type of Modification Amortized Cost Basis % of Total Loan Type Financial Effect Commercial real estate-owner occupied $ 2,315 0.56 % Term extension. Commercial real estate-nonowner occupied 2,517 0.30 Interest rate reduction and term extension. Residential real estate 8 - Term extension. Commercial real estate-owner occupied 454 0.11 Term extension. The following table presents the Company's impaired loan balances by portfolio segment, excluding acquired impaired loans, at December 31, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized With no related allowance recorded: Commercial $ — $ — $ — $ — $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied 2,420 2,420 — 1,454 108 Commercial real estate - non-owner occupied 1,360 1,359 — 1,186 40 Residential: Residential 1,149 1,156 — 935 21 Home equity 165 165 — 93 — Consumer — — — — — $ 5,094 $ 5,100 $ — $ 3,668 $ 169 With a related allowance recorded: Commercial $ — $ — $ — $ 139 $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied — — — — — Commercial real estate - non-owner occupied — — — — — Residential: Residential — — — 41 — Home equity — — — — — Consumer — — — 38 — $ — $ — $ — $ 218 $ — Total: Commercial $ — $ — $ — $ 139 $ — Commercial real estate: Construction and land development — — — — — Commercial real estate - owner occupied 2,420 2,420 — 1,454 108 Commercial real estate - non-owner occupied 1,360 1,359 — 1,186 40 Residential: Residential 1,149 1,156 — 976 21 Home equity 165 165 — 93 — Consumer — — — 38 — $ 5,094 $ 5,100 $ — $ 3,886 $ 169 In the table above, recorded investment may Residential Real Estate in process of Foreclosure The Company had $23 thousand and $715 thousand in residential real estate loans in the process of foreclosure at December 31, 2023 and December 31, 2022 , respectively. The Company had no residential OREO at December 31, 2023 and December 31, 2022 Risk Grades Loans classified in the Pass category typically are fundamentally sound, and risk factors are reasonable and acceptable. Loans classified in the Special Mention category typically have been criticized internally, by loan review or the loan officer, or by external regulators under the current credit policy regarding risk grades. Loans classified in the Substandard category typically have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are typically characterized by the possibility that the Bank will sustain some loss if the deficiencies are not Loans classified in the Doubtful category typically have all the weaknesses inherent in loans classified as substandard, plus the added characteristic the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. However, these loans are not may may The following table shows the Company's recorded investment in loans by credit quality indicators further disaggregated by year of origination as of December 31, 2023 ( Commercial and Consumer Credit Exposure Credit Risk Profile by Internally Assigned Grade Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Revolving Total Commercial Pass $ 38,996 $ 37,024 $ 53,730 $ 18,292 $ 8,886 $ 24,380 $ 109,050 $ 290,358 Special Mention 1,311 1,071 2,054 61 386 65 1,801 6,749 Substandard - 134 16 - 324 2,390 2,334 5,198 Total commercial $ 40,307 $ 38,229 $ 55,800 $ 18,353 $ 9,596 $ 26,835 $ 113,185 $ 302,305 Current period gross write-offs $ - $ - $ (359 ) $ - $ - $ - $ (535 ) $ (894 ) Construction and land development Pass $ 51,120 $ 83,122 $ 100,392 $ 7,462 $ 5,296 $ 16,116 $ 6,063 $ 269,571 Special Mention - - 4,364 - - - - 4,364 Substandard - - - - - 100 - 100 Total construction and land development $ 51,120 $ 83,122 $ 104,756 $ 7,462 $ 5,296 $ 16,216 $ 6,063 $ 274,035 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - owner occupied Pass $ 32,233 $ 60,890 $ 98,415 $ 42,971 $ 23,733 $ 138,802 $ 5,208 $ 402,252 Special Mention - - 1,329 - - 788 4,529 6,646 Substandard - - - 2,315 - 2,654 454 5,423 Total commercial real estate - owner occupied $ 32,233 $ 60,890 $ 99,744 $ 45,286 $ 23,733 $ 142,244 $ 10,191 $ 414,321 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied Pass $ 47,264 $ 144,118 $ 219,493 $ 129,747 $ 56,852 $ 209,351 $ 6,336 $ 813,161 Special Mention - - - 121 1,034 6,960 - 8,115 Substandard 3,073 - 1,330 1,458 1,866 1,652 - 9,379 Total commercial real estate - non-owner occupied $ 50,337 $ 144,118 $ 220,823 $ 131,326 $ 59,752 $ 217,963 $ 6,336 $ 830,655 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential Pass $ 74,488 $ 93,929 $ 83,377 $ 23,637 $ 14,226 $ 63,336 $ 14,381 $ 367,374 Special Mention - 256 199 - - 757 - 1,212 Substandard - - 259 229 - 818 - 1,306 Total residential $ 74,488 $ 94,185 $ 83,835 $ 23,866 $ 14,226 $ 64,911 $ 14,381 $ 369,892 Current period gross write-offs $ - $ - $ - $ - $ - $ (6 ) $ - $ (6 ) Home equity Pass $ - $ - $ - $ - $ - $ - $ 89,872 $ 89,872 Special Mention - - - - - - - - Substandard - - - - - - 426 426 Total home equity $ - $ - $ - $ - $ - $ - $ 90,298 $ 90,298 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ (9 ) $ (9 ) Consumer Pass $ 2,452 $ 1,276 $ 477 $ 225 $ 141 $ 1,717 $ 509 $ 6,797 Special Mention - - - - - - - - Substandard - 2 - - - 15 - 17 Total consumer $ 2,452 $ 1,278 $ 477 $ 225 $ 141 $ 1,732 $ 509 $ 6,814 Current period gross write-offs $ (3 ) $ (2 ) $ (7 ) $ - $ - $ (78 ) $ (3 ) $ (93 ) The following tables show the Company's loan portfolio broken down by internal risk grading as of December 31, 2022 Commercial and Consumer Credit Exposure Credit Risk Profile by Internally Assigned Grade Commercial Construction and Land Development Commercial Real Estate - Owner Occupied Commercial Real Estate - Non-owner Occupied Residential Real Estate Home Equity Pass $ 288,041 $ 197,331 $ 405,223 $ 826,844 $ 333,124 $ 93,062 Special Mention 10,657 — 2,388 239 1,577 — Substandard 5,548 194 10,851 645 3,431 678 Doubtful 1 — — — — — Total $ 304,247 $ 197,525 $ 418,462 $ 827,728 $ 338,132 $ 93,740 Consumer Credit Exposure Credit Risk Profile Based on Payment Activity Consumer Performing $ 6,599 Nonperforming 16 Total $ 6,615 |