QNB (QNBC) 10-K 13 Mar 20 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Feb. 28, 2020	Jun. 30, 2019
Cover [Abstract]
Entity Registrant Name	QNB CORP
Trading Symbol	QNBC
Security Exchange Name	NONE
Entity Interactive Data Current	Yes
Title of 12(g) Security	Common Stock, $0.625 par value
Entity File Number	0-17706
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	23-2318082
Entity Address, Address Line One	15 North Third Street
Entity Address, Address Line Two	P.O. Box 9005
Entity Address, City or Town	Quakertown
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18951-9005
City Area Code	215
Local Phone Number	538-5600
Document Annual Report	true
Document Transition Report	false
Entity Emerging Growth Company	false
Entity Small Business	true
Document Type	10-K
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		3,522,888
Entity Public Float			$ 117,583,368
Amendment Flag	false
Entity Central Index Key	0000750558
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Shell Company	false
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of registrant’s Proxy Statement for the annual meeting of its shareholders to be held May 26, 2020 are incorporated by reference in Part III of this report.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 12,398	$ 12,888
Interest-bearing deposits in banks	5,210	570
Total cash and cash equivalents	17,608	13,458
Investment securities:
Available-for-sale (amortized cost $349,385 and $353,249)	349,710	344,221
Equity securities (cost of $9,053 and $10,079)	9,164	9,421
Restricted investment in bank stocks	1,073	797
Loans held-for-sale	977
Loans receivable	820,616	785,448
Allowance for loan losses	(9,887)	(8,834)
Net loans	810,729	776,614
Bank-owned life insurance	11,490	11,192
Premises and equipment, net	15,608	9,918
Accrued interest receivable	2,828	2,852
Net deferred tax assets	1,441	3,724
Other assets	4,395	3,255
Total assets	1,225,023	1,175,452
Deposits
Demand, non-interest bearing	146,270	128,615
Interest-bearing demand	332,918	304,652
Money market	75,634	78,781
Savings	247,462	279,762
Time	120,917	117,569
Time of $100 or more	114,659	106,219
Total deposits	1,037,860	1,015,598
Short-term borrowings	55,931	50,872
Accrued interest payable	909	449
Other liabilities	9,606	4,185
Total liabilities	1,104,306	1,071,104
Shareholders' Equity
Common stock, par value $0.625 per share; authorized 10,000,000 shares; 3,684,336 shares and 3,648,649 shares issued; 3,519,767 and 3,484,080 shares outstanding	2,303	2,280
Surplus	21,261	20,041
Retained earnings	99,372	91,635
Accumulated other comprehensive gain (loss), net of tax	257	(7,132)
Treasury stock, at cost; 164,569 shares	(2,476)	(2,476)
Total shareholders' equity	120,717	104,348
Total liabilities and shareholders' equity	$ 1,225,023	$ 1,175,452

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Available-for-sale, amortized cost	$ 349,385	$ 353,249
Equity securities, cost	$ 9,053	$ 10,079
Common stock, par value (in dollars per share)	$ 0.625	$ 0.625
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	3,684,336	3,648,649
Common stock, shares outstanding (in shares)	3,519,767	3,484,080
Treasury stock, shares (in shares)	164,569	164,569

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest income
Interest and fees on loans	$ 38,187,000	$ 34,939,000	$ 29,740,000
Interest and dividends on investment securities (AFS & Equity):
Taxable	6,568,000	6,280,000	6,270,000
Tax-exempt	1,529,000	1,845,000	1,957,000
Interest on trading securities			45,000
Interest on interest-bearing balances and other interest income	134,000	136,000	90,000
Total interest income	46,418,000	43,200,000	38,102,000
Interest on deposits
Interest-bearing demand	3,013,000	2,226,000	1,137,000
Money market	815,000	329,000	249,000
Savings	1,605,000	1,657,000	1,156,000
Time	1,908,000	1,578,000	1,512,000
Time of $100 or more	2,083,000	1,723,000	1,373,000
Interest on short-term borrowings	700,000	672,000	253,000
Total interest expense	10,124,000	8,185,000	5,680,000
Net interest income	36,294,000	35,015,000	32,422,000
Provision for loan losses	1,300,000	1,130,000	1,400,000
Net interest income after provision for loan losses	34,994,000	33,885,000	31,022,000
Non-interest income
Total other-than-temporary impairment loss on investment securities			(80,000)
Net other-than temporary impairment losses on investment securities			(80,000)
Net unrealized gain (loss) on investment equity securities	770,000	(336,000)
Net gain (loss) on sale of investment securities	1,755,000	(76,000)	1,580,000
Net gain (loss) on investment securities	2,525,000	(412,000)	1,500,000
Net gain on trading activities			27,000
Fees for services to customers	1,691,000	1,699,000	1,668,000
ATM and debit card	2,070,000	1,895,000	1,749,000
Retail brokerage and advisory	560,000	370,000	436,000
Bank-owned life insurance	292,000	291,000	345,000
Merchant	348,000	326,000	345,000
Net gain on sale of loans	195,000	105,000	375,000
Other	636,000	618,000	442,000
Total non-interest income	8,317,000	4,892,000	6,887,000
Non-interest expense
Salaries and employee benefits	16,086,000	14,411,000	13,121,000
Net occupancy	2,040,000	1,872,000	1,789,000
Furniture and equipment	2,496,000	2,165,000	1,859,000
Marketing	1,042,000	927,000	914,000
Third party services	1,853,000	1,889,000	1,608,000
Telephone, postage and supplies	720,000	685,000	804,000
State taxes	760,000	727,000	687,000
FDIC insurance premiums	269,000	624,000	577,000
Other	2,838,000	2,585,000	2,361,000
Total non-interest expense	28,104,000	25,885,000	23,720,000
Income before income taxes	15,207,000	12,892,000	14,189,000
Provision for income taxes	2,850,000	1,557,000	5,900,000
Net income	$ 12,357,000	$ 11,335,000	$ 8,289,000
Earnings per share - basic	$ 3.53	$ 3.27	$ 2.42
Earnings per share - diluted	3.53	3.25	2.41
Cash dividends per share	$ 1.32	$ 1.28	$ 1.24

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income, Before tax amount	$ 3,368	$ 3,821	$ 3,822	$ 4,196	$ 1,988	$ 3,978	$ 3,434	$ 3,492	$ 15,207	$ 12,892	$ 14,189
Net unrealized holding gains (losses) on securities:
Unrealized holding gains (losses) arising during the period, Before tax amount									9,327	(3,156)	1,002
Reclassification adjustment for gains included in net income, Before tax amount									26	(3)	(1,500)
Other comprehensive income (loss), Before tax amount									9,353	(3,159)	(498)
Unrealized holding gains (losses) arising during the period, Tax expense (benefit)									1,959	(663)	341
Reclassification adjustment for gains included in net income, Tax expense (benefit)									5	(1)	(510)
Other comprehensive income (loss), Tax expense (benefit)									1,964	(664)	(169)
Unrealized holding gains (losses) arising during the period, Net of tax amount									7,368	(2,493)	661
Reclassification adjustment for gains included in net income, Net of tax amount									21	(2)	(990)
Other comprehensive income (loss), Net of tax amount									7,389	(2,495)	(329)
Total comprehensive income, Before tax amount									24,560	9,733	13,691
Tax expense (benefit)	623	731	679	817	(339)	767	572	557	2,850	1,557	5,900
Total comprehensive income, Tax expense (benefit)									4,814	893	5,731
Net income	$ 2,745	$ 3,090	$ 3,143	$ 3,379	$ 2,327	$ 3,211	$ 2,862	$ 2,935	12,357	11,335	8,289
Total comprehensive income, Net of tax amount									$ 19,746	$ 8,840	$ 7,960

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($)		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]
Balance at Dec. 31, 2016		$ 93,567,000	$ 2,235,000	$ 17,418,000	$ 80,147,000	$ (3,757,000)	$ (2,476,000)
Balance (in shares) at Dec. 31, 2016			3,411,701
Net income		8,289,000			8,289,000
Other comprehensive income (loss), net of tax		(329,000)				(329,000)
Cash dividends declared		(4,253,000)			(4,253,000)
Stock issued in connection with dividend reinvestment and stock purchase plan		973,000	$ 16,000	957,000
Stock issued in connection with dividend reinvestment and stock purchase plan (in shares)			25,048
Stock issued for employee stock purchase plan		$ 91,000	$ 2,000	89,000
Stock issued for employee stock purchase (in shares)		2,660	2,660
Stock issued for options exercised		$ 130,000	$ 5,000	125,000
Stock issued for options exercised (in shares)		13,125	8,699
Stock-based compensation expense		$ 102,000		102,000
Balance at Dec. 31, 2017		98,570,000	$ 2,258,000	18,691,000	84,183,000	(4,086,000)	(2,476,000)
Balance (in shares) at Dec. 31, 2017			3,448,108
Net income		11,335,000			11,335,000
Other comprehensive income (loss), net of tax		(2,495,000)				(2,495,000)
Cash dividends declared		(4,434,000)			(4,434,000)
Equity securities fair value reclassification	[1]				(254,000)	254,000
ASU 2018-02 stranded tax reclassification	[2]				805,000	(805,000)
Stock issued in connection with dividend reinvestment and stock purchase plan		979,000	$ 14,000	965,000
Stock issued in connection with dividend reinvestment and stock purchase plan (in shares)			23,302
Stock issued for employee stock purchase plan		$ 117,000	$ 2,000	115,000
Stock issued for employee stock purchase (in shares)		2,963	2,963
Stock issued for options exercised		$ 159,000	$ 6,000	153,000
Stock issued for options exercised (in shares)		13,850	9,707
Stock-based compensation expense		$ 117,000		117,000
Balance at Dec. 31, 2018		$ 104,348,000	$ 2,280,000	20,041,000	91,635,000	(7,132,000)	(2,476,000)
Balance (in shares) at Dec. 31, 2018		3,484,080	3,484,080
Net income		$ 12,357,000			12,357,000
Other comprehensive income (loss), net of tax		7,389,000				7,389,000
Cash dividends declared		(4,620,000)			(4,620,000)
ASU 2018-02 stranded tax reclassification		805,000
Stock issued in connection with dividend reinvestment and stock purchase plan		863,000	$ 16,000	847,000
Stock issued in connection with dividend reinvestment and stock purchase plan (in shares)			24,264
Stock issued for employee stock purchase plan		$ 111,000	$ 2,000	109,000
Stock issued for employee stock purchase (in shares)		3,310	3,310
Stock issued for options exercised		$ 151,000	$ 5,000	146,000
Stock issued for options exercised (in shares)		14,925	8,113
Stock-based compensation expense		$ 118,000		118,000
Balance at Dec. 31, 2019		$ 120,717,000	$ 2,303,000	$ 21,261,000	$ 99,372,000	$ 257,000	$ (2,476,000)
Balance (in shares) at Dec. 31, 2019		3,519,767	3,519,767
[1]	Refer to Note 1, ASU 2016-01
[2]	Refer to Note 1, ASU 2018-02

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Retained Earnings [Member]
Cash dividends declared, per share (in dollars per share)	$ 1.32	$ 1.28	$ 1.24

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Net income	$ 12,357	$ 11,335	$ 8,289
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,832	990	821
Provision for loan losses	1,300	1,130	1,400
Net (gain) loss on investment debt and equity securities	(1,755)	76	(1,500)
Net unrealized (gain) loss on equity securities	(770)	336
Net loss (gain) on sale of other real estate owned, repossessed assets and premises and equipment	(51)	(1)	(1)
Net gain on sale of loans	(195)	(105)	(276)
Gain on sale of loan held for investment			(99)
Proceeds from sales of residential mortgages held-for-sale	7,324	4,478	9,041
Origination of residential mortgages held-for-sale	(8,106)	(4,373)	(7,976)
Income on bank-owned life insurance	(292)	(291)	(345)
Stock-based compensation expense	118	117	102
Net decrease in trading securities			3,596
Deferred income tax provision	319	258	2,322
Net decrease in income taxes payable	(29)	(230)	(154)
Net decrease (increase) in accrued interest receivable	24	693	(417)
Amortization of mortgage servicing rights and change in valuation allowance	65	65	82
Net amortization of premiums and discounts on investment securities	1,501	1,434	1,694
Net increase in accrued interest payable	460	65	49
Operting lease payments	(583)
Decrease (increase) in other assets	423	73	(887)
(Decrease) increase in other liabilities	(44)	601	421
Net cash provided by operating activities	13,898	16,651	16,162
Investing Activities
Proceeds from payments, maturities and calls of investment debt securities available-for-sale	68,174	48,074	52,994
Proceeds from the sale of investment securities available-for-sale	47,851	4,159	28,087
Purchases of investment securities available-for-sale	(113,688)	(26,473)	(75,267)
Proceeds from the sale of equity securities	11,838	4,902	14,422
Purchases of equity securities	(9,030)	(9,763)	(9,998)
Proceeds from redemption of investment in restricted bank stock	9,675	10,320	6,318
Purchase of restricted bank stock	(9,951)	(9,616)	(6,802)
Net increase in loans	(35,415)	(52,302)	(101,157)
Net purchases of premises and equipment	(3,086)	(2,413)	(634)
Proceeds from sale of loans held for investment			99
Redemption of bank-owned life insurance			754
Proceeds from sales of other real estate owned and repossessed assets	58	1	2
Net cash used in investing activities	(33,574)	(33,111)	(91,182)
Financing Activities
Net increase (decrease) in non-interest bearing deposits	17,655	(597)	10,202
Net increase in interest-bearing deposits	4,607	22,247	70,391
Net (decrease) increase in short-term borrowings	5,059	(4,884)	3,096
Cash dividends paid, net of reinvestment	(4,086)	(3,863)	(3,731)
Proceeds from issuance of common stock	591	684	672
Net cash provided by financing activities	23,826	13,587	80,630
Increase (decrease) in cash and cash equivalents	4,150	(2,873)	5,610
Cash and cash equivalents at beginning of year	13,458	16,331	10,721
Cash and cash equivalents at end of period	17,608	13,458	16,331
Supplemental Cash Flow Disclosures
Interest paid	9,664	8,120	5,631
Income taxes paid	2,560	$ 1,529	$ 3,731
Non-cash transactions:
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 2,407

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Note 1 - Summary of Significant Accounting Policies Business QNB Corp. (the “Company”), through its wholly-owned subsidiary, QNB Bank (the “Bank”), has been serving the residents and businesses of Bucks, Lehigh, and Montgomery counties in Pennsylvania since 1877. The Bank is a locally managed community bank that provides a full range of commercial, retail banking and retail brokerage services. The Bank encounters vigorous competition for market share in the communities it serves from bank holding companies, other community banks, thrift institutions, credit unions and other non-bank financial organizations such as mutual fund companies, insurance companies and brokerage companies. The Company manages its business as a single operating segment. The Bank is a Pennsylvania chartered commercial bank. The Company and the Bank are subject to regulations of certain state and Federal agencies. These regulatory agencies periodically examine the Company and the Bank for adherence to laws and regulations. Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. The consolidated entity is referred to herein as “QNB”. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. Tabular information, other than share and per share data, is presented in thousands of dollars. Certain prior period amounts have been reclassified to conform with the current year’s presentation. Use of Estimates These statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and predominant practices within the banking industry. The preparation of these consolidated financial statements requires QNB to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. QNB evaluates estimates on an on-going basis. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the determination of the valuation of other real estate owned, the fair value of financial instruments, other-than-temporary impairment of investment securities, the determination of impairment of restricted bank stock and the valuation of deferred tax assets and income taxes. QNB bases its estimates on historical experience and various other factors and assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within Bucks, Montgomery and Lehigh Counties in southeastern Pennsylvania. Note 4 discusses the types of investment securities in which the Company invests. Note 5 discusses the types of lending in which the Company engages. The Company does not have any significant concentrations to any one industry or customer. Although the Company has a diversified loan portfolio, its debtors’ ability to honor their contracts is influenced by the region’s economy. Cash and Cash Equivalents For purposes of the statement of cash flows, cash and cash equivalents consist of cash on hand, cash items in process of collection, amounts due from banks, interest-bearing deposits in the Federal Reserve Bank and other banks and Federal funds sold. QNB maintains a portion of its interest-bearing deposits at various commercial financial institutions. At times, the balances exceed the FDIC insured limits. Trading Securities The Company may engage in trading activities for its own account. Interest and dividends are included in interest income. Debt securities that are bought and held principally for the purpose of selling in the near term are classified as trading securities and reported at fair value, with unrealized gains and losses included in earnings. Investment Securities Investment debt securities that QNB has the positive intent and ability to hold to maturity are classified as held-to-maturity securities and reported at amortized cost. Interest is included in interest income. Debt securities not classified as either held-to-maturity securities or trading securities are classified as available-for-sale debt securities and reported at fair value, with unrealized gains and losses, net of tax, excluded from earnings and reported in other comprehensive income or loss, a separate component of shareholders’ equity. Management determines the appropriate classification of securities at the time of purchase. Available-for-sale debt securities include securities that management intends to use as part of its asset/liability management strategy and that may be sold in response to changes in credit ratings, changes in market interest rates and related changes in the securities’ prepayment risk or to meet liquidity needs. Premiums and discounts on debt securities are recognized in interest income using a constant yield method. Gains and losses on sales of available-for-sale securities are recorded on the trade date and are computed on the specific identification method and included in non-interest income. Equity investments with readily determinable fair values are measured at fair value. Beginning January 1, 2018, the changes in fair value are recognized in net income. Dividends are included in interest income. Other-than-Temporary Impairment of Investment Securities Securities are evaluated periodically to determine whether a decline in their value is other-than-temporary. Management utilizes criteria such as the magnitude and duration of the decline, in addition to the reasons underlying the decline, to determine whether the loss in value is other-than-temporary. The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospects for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support realizable value equal to or greater than carrying value of the investment. For equity securities without a readily determinable market value, once a decline in value is determined to be other-than-temporary, the value of the equity security is reduced to fair value and a corresponding charge to earnings is recognized. Temporary improvements in the fair value on equity securities with an OTTI change would not be recognized. The Company follows the accounting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 320-10 as it relates to the recognition and presentation of other-than-temporary impairment (“OTTI”). This accounting guidance specifies that (a) if a company does not have the intent to sell a debt security prior to recovery and (b) it is more likely than not that it will not have to sell the debt security prior to recovery, the security would not be considered other-than-temporarily impaired unless there is a credit loss. When an entity does not intend to sell the security, and it is more likely than not the entity will not have to sell the security before recovery of its cost basis, it will recognize the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. For held to maturity debt securities, the amount of an other-than-temporary impairment recorded in other comprehensive income for the non-credit portion of a previous other-than-temporary impairment would be amortized prospectively over the remaining life of the security based on the timing of future estimated cash flows of the security. Restricted Investment in Stock Restricted bank stock is comprised of restricted stock of the Federal Home Loan Bank of Pittsburgh (“FHLB”) in the amount of $1,061,000, the Atlantic Community Bankers Bank in the amount of $12,000 and VISA Class B stock with a carrying cost of $0 at December 31, 2019. Federal law requires a member institution of the FHLB to hold stock of its district bank according to a predetermined formula. These restricted securities are carried at cost. The Bank owns 6,502 shares of Visa Class B stock, which was necessary to participate in Visa services in support of the Bank’s credit card, debit card, and related payment programs (permissible activities under banking regulations) as a member institution. Following the resolution of Visa’s covered litigation, shares of Visa’s Class B stock will be converted to Visa Class A shares using a conversion factor (1.6298 as of December 31, 2019), which is periodically adjusted to reflect VISA’s ongoing litigation costs. There is a very limited market for this stock, as only current owners of Class B shares are permitted to transact in Class B. Due to the lack of orderly trades and public information of such trades, Visa Class B does not have a readily determinable fair value. These restricted investments are carried at cost and evaluated for OTTI periodically. As of December 31, 2019, there was no OTTI associated with these shares. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at the principal amount outstanding, net of deferred loan fees and costs. Interest income is accrued on the principal amount outstanding. Loan origination and commitment fees and related direct costs are deferred and amortized to income over the term of the respective loan and loan commitment period as a yield adjustment. Loans held-for-sale consist of residential mortgage loans and are carried at the lower of aggregate cost or fair value. Net unrealized losses, if any, are recognized through a valuation allowance charged to income. Gains and losses on residential mortgages held-for-sale are included in non-interest income. Non-Performing Assets Non-performing assets are comprised of accruing loans past due 90 days or more, non-accrual loans and investment securities, restructured loans, other real estate owned and repossessed assets. Non-accrual loans and investment securities are those on which the accrual of interest has ceased. Loans are placed on non-accrual status immediately if, in the opinion of management, collection is doubtful, or when principal or interest is past due 90 days or more and collateral is insufficient to cover principal and interest. Interest accrued, but not collected at the date a loan is placed on non-accrual status, is reversed and charged against interest income. Subsequent cash receipts are applied either to the outstanding principal or recorded as interest income, depending on management’s assessment of the ultimate collectability of principal and interest. Loans are returned to an accrual status when the borrower’s ability to make periodic principal and interest payments has returned to normal (i.e. brought current with respect to principal or interest or restructured) and the paying capacity of the borrower and/or the underlying collateral is deemed sufficient to cover principal and interest. From time to time, QNB may extend, restructure, or otherwise modify the terms of existing loans, on a case-by-case basis, to remain competitive and retain certain customers, as well as assist other customers that may be experiencing financial difficulties. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions may include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates to less than the current market rate for new obligations with similar risk. Loans classified as TDRs are considered non-performing and are also designated as impaired. Accounting for impairment in the performance of a loan is required when it is probable that all amounts, including both principal and interest, will not be collected in accordance with the loan agreement. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, at the loan’s observable market price or the fair value of the collateral if the loans are collateral dependent. Impairment criteria are applied to the loan portfolio exclusive of smaller homogeneous loans such as residential mortgage and consumer loans which are evaluated collectively for impairment. Loans are fully charged-off or charged down to net realizable value (fair value of collateral less estimated costs to sell) when deemed uncollectible due to bankruptcy or other factors, or when they reach a defined number of days past due based on loan product, industry practice, terms and other factors. Loans are considered past due when contractually required principal or interest payments have not been made on the due dates. Allowance for Loan Losses QNB maintains an allowance for loan losses, which is intended to absorb probable known and inherent losses in the outstanding loan portfolio. The allowance is reduced by actual credit losses and is increased by the provision for loan losses and recoveries of previous losses. The provisions for loan losses are charged to earnings to bring the total allowance for loan losses to a level considered necessary by management. The allowance for loan losses is based on management’s continuing review and evaluation of the loan portfolio. The level of the allowance is determined by assigning specific reserves to individually identified problem credits and general reserves to all other loans. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. The portion of the allowance that is allocated to internally criticized and non-accrual loans is determined by estimating the inherent loss on each credit after giving consideration to the value of underlying collateral. The general component covers pools of loans by loan class including commercial loans not considered impaired, as well as smaller balance homogeneous loans, such as residential real estate, home equity and other consumer loans. These pools of loans are evaluated for loss exposure based upon historical loss rates. These loss rates are based on a three-year history of charge-offs and are more heavily weighted for recent experience for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: • Lending policies and procedures, including underwriting standards and collection, charge-off and recovery practices. • External factor effects, such as legal and regulatory requirements. • National, regional, and local economic and business conditions as well as the condition of various market segments, including the value of underlying collateral for collateral dependent loans. • Nature and volume of the portfolio including growth. • Experience, ability, and depth of lending management and staff. • Volume and severity of past due, classified and nonaccrual loans. • Quality of the Company’s loan review system, and the degree of oversight by the Company’s Board of Directors. • Existence and effect of any concentrations of credit and changes in the level of such concentrations. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Management emphasizes loan quality and close monitoring of potential problem credits. Credit risk identification and review processes are utilized in order to assess and monitor the degree of risk in the loan portfolio. QNB’s lending and credit administration staff are charged with reviewing the loan portfolio and identifying changes in the economy or in a borrower’s circumstances which may affect the ability to repay debt or the value of pledged collateral. A loan classification and review system exists that identifies those loans with a higher than normal risk of collection. Each commercial loan is assigned a grade based upon an assessment of the borrower’s financial capacity to service the debt and the presence and value of collateral for the loan. An independent loan review group tests risk assessments and evaluates the adequacy of the allowance for loan losses. Management meets monthly to review the credit quality of the loan portfolio and quarterly to review the allowance for loan losses. In addition, various regulatory agencies, as an integral part of their examination process, periodically review QNB’s allowance for loan losses. Such agencies may require QNB to recognize additions to the allowance based on their judgments using information available to them at the time of their examination. Management believes that it uses the best information available to make determinations about the adequacy of the allowance and that it has established its existing allowance for loan losses in accordance with GAAP. If circumstances differ substantially from the assumptions used in making determinations, future adjustments to the allowance for loan losses may be necessary and results of operations could be affected. Because future events affecting borrowers and collateral cannot be predicted with certainty, there can be no assurance that increases to the allowance will not be necessary should the quality of any loans deteriorate as a result of the factors discussed above. Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Servicing Assets Servicing assets are recognized as separate assets when rights are acquired through the sale of financial assets. When mortgage loans are sold, a portion of the cost of originating the loan is allocated to the servicing rights based on relative fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The Company subsequently measures servicing rights using the amortization method where servicing rights are amortized in proportion to and over the period of estimated net servicing income. On a quarterly basis, an independent third party determines the fair value of QNB’s servicing assets. These assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the capitalized amount for the tranches. If the Company later determines that all or a portion of the impairment no longer exists for a particular tranche, a reduction of the valuation allowance may be recorded as an increase to income. Capitalized servicing rights are reported in other assets and are amortized into other non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal, or a fixed amount per loan and are recorded as other non-interest income when earned and netted against the amortization of mortgage servicing rights. Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net expenses from foreclosed assets. At both December 31, 2019 and 2018, the Company had no foreclosed assets. Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization are calculated principally on an accelerated or straight-line basis over the estimated useful lives of the assets, or the shorter of the estimated useful life or lease term for leasehold improvements, as follows: Buildings 10 to 39 years Furniture and equipment 3 to 15 years Leasehold improvements 5 to 30 years Expenditures for maintenance and repairs are charged to operations as incurred. Gains or losses upon disposition are reflected in earnings as realized. The “Premises and equipment, net” category Consolidated Balance Sheets also includes the right-of-use assets associated with operating leases. The discount rates used in determining the initial value of the right of use assets are based on the FHLB Amortizing Fixed Loan Rate for the term of each lease. QNB typically enters into lease agreements with an initial term of 5 to 10 years and subsequent additional optional terms in increments of 5 years. The lease agreements also contain termination options. None of the leases contain purchase options and none transfer the ownership of the leased asset. QNB has renewed one operating lease and entered into two new operating leases during 2019. Operating lease liabilities are included with “Other liabilities” on the Consolidated Balance Sheets. All operating lease costs are included in non-interest expense within “Net occupancy” on the Consolidated Statements of Income. Bank-Owned Life Insurance The Bank invests in bank-owned life insurance (“BOLI”) as a source of funding for employee benefit expenses. BOLI involves the purchasing of life insurance by the Bank on a select group of employees. The Bank is the owner and beneficiary of the policies. Income from the increase in cash surrender value of the policies as well as the receipt of death benefits is included in non-interest income on the consolidated statement of income. The BOLI policies are an asset that can be liquidated, if necessary, with associated tax costs. However, QNB intends to hold these policies and, accordingly, has not provided for deferred income taxes on the earnings from the increase in cash surrender value. The Company follows the accounting guidance for postretirement benefit aspects of endorsement split-dollar life insurance arrangements which applies to life insurance arrangements that provide an employee with a specified benefit that is not limited to the employee’s active service period, including certain bank-owned life insurance policies. It requires an employer to recognize a liability and related compensation costs for future benefits that extend to postretirement periods. The expense recorded during 2019, 2018 and 2017 was approximately $59,000, $53,000 and $23,000, respectively, and is included in non-interest expense under salaries and benefits expense. The decrease in 2017 is related to a death claim, reducing the post-retirement liability. Stock-Based Compensation At December 31, 2019, QNB sponsored stock-based compensation plans, administered by a Board committee, under which both qualified and non-qualified stock options may be granted periodically to certain employees. QNB accounts for all awards granted under stock-based compensation plans in accordance with FASB ASC 718, Compensation - Stock Compensation Stock-based compensation expense was approximately $118,000, $117,000 and $102,000 for the years ended December 31, 2019, 2018 and 2017, respectively. There were $7,000, $10,000 and $19,000 in tax benefits recognized related to the nonqualified compensation and disqualifying dispositions for the years ended December 31, 2019, 2018 and 2017, respectively. The fair value of each option is amortized into compensation expense on a straight-line basis between the grant date for the option and each vesting date. QNB estimated the fair value of stock options on the date of the grant using the Black-Scholes option pricing model. The model requires the use of numerous assumptions, many of which are highly subjective in nature. The following assumptions were used in the option pricing model in determining the fair value of options granted during the periods presented. Year ended December 31, 2019 2018 2017 Risk free interest rate 2.52 % 2.15 % 1.48 % Dividend yield 3.36 % 1.24 % 3.19 % Volatility 16.44 % 18.12 % 17.90 % Expected life (years) 4.2 4.2 4.2 The weighted average fair value per share of options granted during 2019, 2018 and 2017 was $3.96, $5.29 and $3.88, respectively. The risk-free interest rate was selected based upon yields of U.S. Treasury issues with a term equal to the expected life of the option being valued. Historical information was the primary basis for the selection of the expected dividend yield, expected volatility and expected lives of the options. Income Taxes QNB accounts for income taxes under the asset/liability method in accordance with income tax accounting guidance, ASC 740 - Income Taxes In connection with the accounting guidance related to accounting for uncertainty in income taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions, QNB has evaluated its tax positions as of December 31, 2019. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that has more than a 50 percent likelihood of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Under the “more-likely-than-not” threshold guidelines, QNB believes no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the non-recognition of an existing tax benefit. As of December 31, 2019, QNB had no material unrecognized tax benefits or accrued interest and $2,000 in tax penalties. QNB’s policy is to account for interest as a component of interest expense and penalties as a component of other expense. The Company and its subsidiary are subject to U.S. Federal income tax as well as income tax of the Commonwealth of Pennsylvania and the State of New Jersey. Tax years from 2016 to date remain subject to examination by the tax authorities. Treasury Stock Common stock shares repurchased are recorded as treasury stock at cost. Earnings Per Share Basic earnings per share excludes any dilutive effects of options and is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share gives effect to all dilutive potential common shares that were outstanding during the period. Potential common shares that may be issued by the Company relate solely to outstanding stock options and are determined using the treasury stock method. Treasury shares are not deemed outstanding for earnings per share calculations. Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business entity during a period due to transactions and other events and circumstances, excluding those resulting from investments by and distributions to owners. Comprehensive income (loss) consists of net income and other comprehensive income (loss). For QNB, the primary component of other comprehensive income (loss) is the unrealized holding gains or losses on available-for-sale investment securities and unrealized losses on available-for-sale investment securities related to factors other than credit on debt securities. Advertising Costs Advertising costs are recorded in the period they are incurred within operating expenses in non-interest expense in the consolidated statements of income. Financial Instruments with Off-Balance-Sheet Risk The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual notional amount of these instruments. The Company uses the same credit policies in making commitments and contractual obligations as it does for on-balance-sheet instruments. The Company reflects its estimate of credit risk for these instruments in other liabilities on the consolidated balance sheet with the corresponding expense recorded in other operating expenses in the consolidated statement of income. Subsequent Events QNB has evaluated events and transactions occurring subsequent to the balance sheet date of December 31, 2019 through the date the consolidated financial statements are being issued for items that should potentially be recognized or disclosed in these consolidated financial statements. Recent Accounting Pronouncements On June 16, 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326) To that end, the new guidance: • Eliminates the probable initial recognition threshold in current U.S. GAAP and, instead, reflects an organization’s current estimate of all expected credit losses over the contractual term of its financial assets • Broadens the information an entity can consider when measuring credit losses to include forward-looking information • Increases usefulness of the financial statements by requiring timely inclusion of forecasted information in forming expectations of credit losses • Increases comparability of purchased financial assets with credit deterioration (PCD assets) with other purchased assets that do not have credit deterioration as well as originated assets because credit losses that are expected will be recorded through an allowance for credit losses for all assets • Increases users’ understanding of underwriting standards and credit quality trends by requiring additional information about credit quality indicators by year of origination (vintage) • For available-for-sale debt securities, aligns the income statement recognition of credit losses with the reporting period in which changes occur by recording credit losses (and subsequent changes in credit losses) through an allowance rather than a write down The new guidance affects organizations that hold financial assets and net investments in leases that are not accounted for at fair value with changes in fair value reported in net income. The new guidance affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. On October 16, 2019, FASB adopted its August 15, 2019 proposal to delay the effective dates for certain smaller reporting companies for the implementation CECL. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, except for smaller reporting companies, whose effective date is effective for fiscal years , and interim periods with those fiscal years, beginning after December 15, 2022. Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. QNB continues to evaluate the impact of this new standard on its consolidated financial statement

Note 2 - Earnings Per Share and

Note 2 - Earnings Per Share and Share Repurchase Plan	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share and Share Repurchase Plan	Note 2 – Earnings Per Share and Share Repurchase Plan The following table sets forth the computation of basic and diluted earnings per share: Year ended December 31, 2019 2018 2017 Numerator for basic and diluted earnings per share - net income $ 12,357 $ 11,335 $ 8,289 Denominator for basic earnings per share - weighted average shares outstanding 3,498,326 3,463,450 3,428,970 Effect of dilutive securities - employee stock options 5,824 19,059 16,841 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 3,504,150 3,482,509 3,445,811 Earnings per share - basic $ 3.53 $ 3.27 $ 2.42 Earnings per share - diluted $ 3.53 $ 3.25 $ 2.41 There were 73,000, 25,000, and 25,000 stock options that were anti-dilutive as of December 31, 2019, 2018, and 2017 respectively. These stock options were not included in the above calculation. On January 24, 2008, QNB announced that the Board of Directors authorized the repurchase of up to 50,000 shares of its common stock in open market or privately negotiated transactions. On February 9, 2009, the Board of Directors approved increasing the authorization to 100,000 shares. The repurchase authorization does not bear a termination date. There were no shares repurchased during the years ended December 31, 2019 or 2018. As of December 31, 2019 and 2018, 57,883 shares were repurchased under this authorization at an average price of $16.97 and a total cost of $982,000 and were recorded to Treasury stock.

Note 3 - Cash and Cash Equivale

Note 3 - Cash and Cash Equivalents	12 Months Ended
	Dec. 31, 2019
Cash And Cash Equivalents [Abstract]
Cash and Cash Equivalents	Note 3 – Cash and Cash Equivalents Included in cash and cash equivalents are reserves in the form of deposits with the Federal Reserve Bank of Philadelphia. As of December 31, 2019 and 2018, QNB was not required to maintain reserves with the Federal Reserve Bank of Philadelphia.

Note 4 - Investment Securities

Note 4 - Investment Securities	12 Months Ended
	Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]
Investment Securities	Note 4 - Investment Securities Trading QNB engaged in trading activities for its own account, comprised of municipal securities that were held principally for resale in the near term are recorded in the trading account at fair value with changes in fair value recorded in net gain on trading activities in non-interest income. Interest and dividends are included in interest income. During the second quarter 2017, the Bank redeemed the trading securities portfolio, as lack of volatility and the interest rate environment resulted in declining performance of the portfolio. There were net realized gains of $27,000 for the year ended December 31, 2017. Available-For-Sale Debt Securities The amortized cost and fair values of investment debt securities available-for-sale at December 31, 2019 and 2018 were as follows: Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2019 value gains losses cost U.S. Government agency $ 69,298 $ 8 $ (213 ) $ 69,503 State and municipal 50,781 860 (19 ) 49,940 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 134,829 371 (504 ) 134,962 Collateralized mortgage obligations (CMOs) 86,610 260 (535 ) 86,885 Pooled trust preferred 79 — (6 ) 85 Corporate debt 8,113 103 — 8,010 Total investment securities available-for-sale $ 349,710 $ 1,602 $ (1,277 ) $ 349,385 Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2018 value gains losses cost U.S. Government agency $ 68,409 $ — $ (2,072 ) $ 70,481 State and municipal 66,313 195 (464 ) 66,582 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 125,913 79 (4,251 ) 130,085 Collateralized mortgage obligations (CMOs) 75,491 87 (2,549 ) 77,953 Pooled trust preferred 116 — (6 ) 122 Corporate debt 7,979 33 (80 ) 8,026 Total investment securities available-for-sale $ 344,221 $ 394 $ (9,422 ) $ 353,249 The amortized cost and fair value of debt securities available-for-sale by contractual maturity at December 31, 2019 are shown in the following table. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities are assigned to categories based on contractual maturity except for mortgage-backed securities and CMOs which are based on the estimated average life of these securities and state and municipal securities which are based on pre-refunded date, if applicable. Amortized December 31, 2019 Fair value cost Due in one year or less $ 10,740 $ 10,743 Due after one year through five years 243,551 243,968 Due after five years through ten years 73,046 72,787 Due after ten years 22,373 21,887 Total investment securities available-for-sale $ 349,710 $ 349,385 Proceeds from sales of investment debt securities available-for-sale were $47,851,000, $4,159,000 and $28,087,000 for the years ended December 31, 2019, 2018 and 2017, respectively. The following table presents information related to the Company’s gains and losses on the sales of debt securities, and losses recognized for the other-than-temporary impairment (“OTTI”) of these investments. December 31, 2019 2018 2017 Gross realized gains $ 169 $ 25 $ 581 Gross realized losses (195 ) (22 ) (558 ) Other-than-temporary impairment — — — Total net (losses) gains on AFS debt securities $ (26 ) $ 3 $ 23 The tax benefit applicable to the net realized losses on debt securities was $5,000 for the year ended December 31, 2019. The tax expense applicable to the net realized gains on debt securities were $1,000 and $8,000 for the years ended December 31, 2018 and 2017, respectively. There were no other-than-temporary impairment charges recognized for debt securities still held by QNB for the years ended December 31, 2019, 2018 or 2017. QNB recognizes OTTI for debt securities classified as available-for-sale in accordance with FASB ASC 320, Investments – Debt and Equity Securities The following table presents a rollforward of the credit loss component recognized in earnings. The credit loss component of the amortized cost represents the difference between the present value of expected future cash flows and the amortized cost basis of the security prior to considering credit losses. The beginning balance represents the credit loss component for debt securities for which OTTI occurred prior to the beginning of the year. Credit-impaired debt securities must be presented in two components based upon whether the current period is the first time the debt security was credit-impaired (initial credit impairment) or is not the first time the debt security was credit-impaired (subsequent credit impairments). No credit impairments were recognized in 2019, 2018 or 2017. The following table presents a summary of the cumulative credit-related other-than-temporary impairment charges recognized as components of earnings for debt securities still held by QNB: Year ended December 31, 2019 2018 2017 Balance, beginning of year $ 1 $ 1 $ 1,153 Reductions: sale, collateralized debt obligation — — (1,152 ) Additions: Initial credit impairments — — — Subsequent credit impairments — — — Balance, end of year $ 1 $ 1 $ 1 At December 31, 2019 and 2018, investments in debt securities available-for-sale totaling $205,016,000 and $194,573,000, respectively, were pledged as collateral for repurchase agreements and deposits of public funds. Debt securities that have been in a continuous unrealized loss position are as follows: December 31, 2019 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 36 $ 28,857 $ (141 ) $ 20,427 $ (72 ) $ 49,284 $ (213 ) State and municipal 7 2,431 (14 ) 515 (5 ) 2,946 (19 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 66 28,482 (50 ) 52,398 (454 ) 80,880 (504 ) Collateralized mortgage obligations (CMOs) 64 24,412 (82 ) 27,625 (453 ) 52,037 (535 ) Pooled trust preferred 1 — — 79 (6 ) 79 (6 ) Corporate debt — — — — — — — Total 174 $ 84,182 $ (287 ) $ 101,044 $ (990 ) $ 185,226 $ (1,277 ) December 31, 2018 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 51 $ — $ — $ 68,409 $ (2,072 ) $ 68,409 $ (2,072 ) State and municipal 81 21,657 (204 ) 10,558 (260 ) 32,215 (464 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 111 12,561 (91 ) 108,802 (4,160 ) 121,363 (4,251 ) Collateralized mortgage obligations (CMOs) 73 433 (1 ) 62,467 (2,548 ) 62,900 (2,549 ) Pooled trust preferred 1 — — 116 (6 ) 116 (6 ) Corporate debt 4 — — 3,947 (80 ) 3,947 (80 ) Total 321 $ 34,651 $ (296 ) $ 254,299 $ (9,126 ) $ 288,950 $ (9,422 ) Management evaluates debt securities, which are comprised of U.S. Government Agencies, state and municipalities, mortgage-backed securities, CMOs and other issuers, for OTTI and considers the current economic conditions, the length of time and the extent to which the fair value has been less than cost, interest rates and the bond rating of each security. The unrealized losses at December 31, 2019 in U.S. Government securities, state and municipal securities, mortgage-backed securities, CMOs and corporate debt securities are primarily the result of interest rate fluctuations. If held to maturity, these bonds will mature at par, and QNB will not realize a loss. QNB has the intent to hold the securities and does not believe it will be required to sell the securities before recovery occurs. QNB holds one trust preferred security, PreTSL IV which is classified as available-for-sale and carried at fair value. This security has been in an unrealized loss position for more than twelve months. The following table provides additional information related to PreTSL IV as of December 31, 2019: Deal Class Book value Fair value Unrealized gains (losses) Realized OTTI credit loss (YTD 2019) Total recognized OTTI credit loss Moody's ratings Current number of performing banks Current number of performing insurance companies Actual deferrals and defaults as a % of total collateral Total performing collateral as a % of outstanding bonds PreTSL IV Mezzanine * $ 85 $ 79 $ (6 ) $ — $ (1 ) Ba1 3 — 0.0 % 228.3 % Mezzanine* - class of bonds still outstanding, represents the senior-most obligation of the trust) Marketable Equity Securities The Company’s equity securities consist of investments with readily determinable fair values in large cap stock companies. Changes in the fair value of these equity securities are recorded to earnings in non-interest income, in accordance with ASU 2016-01 Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities, which the Company adopted January 1, 2018. Prior to the adoption of ASU 2016-01, the Company evaluated the near-term prospects of the issuers in relation to the severity and duration of the impairment as well as the individual issuer’s financial condition, industry, geographic and legal environment and was required to record a decline in fair value to earnings if the security was determined to be other-than-temporarily impaired. Based on that evaluation the Company recorded impairment charges of $80,000 to non-interest income for equity holdings during 2017. At December 31, 2019 and 2018, the Company had $9,164,000 and $9,421,000, respectively, in equity securities recorded at fair value. Prior to January 1, 2018, equity securities were stated at fair value with unrealized gains and losses reported as a separate component of Accumulated Other Comprehensive Income (“AOCI”), net of tax. At December 31, 2017, net unrealized losses, net of tax, of $254,000 had been recognized in AOCI. On January 1, 2018, these unrealized gains and losses were reclassified out of AOCI and into retained earnings with subsequent changes in fair value being recognized in net income. The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during 2019 and 2018: December 31, 2019 2018 Net gains (losses) recognized during the period on equity securities $ 2,551 $ (415 ) Less: Net gains (losses) recognized during the period on equity securities sold during the period 1,781 (79 ) Net unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date $ 770 $ (336 ) The following table presents information related to the Company’s gains and losses on the sales of equity securities, and losses recognized for the OTTI of these investments during 2017: December 31, 2017 Gross realized gains $ 1,557 Gross realized losses — Other-than-temporary impairment (80 ) Total net gains on equity securities $ 1,477 Tax expense applicable to the net realized gains for the years ended December 31, 2019 and 2017 were $737,000 and $600,000, respectively. Tax benefit applicable to the net realized losses for the year ended December 31, 2018 was $120,000. Proceeds from sales of investment equity securities were $11,838,000, $4,902,000 and $14,422,000 for the years ended December 31, 2019, 2018 and 2017, respectively.

Note 5 - Loans Receivable and t

Note 5 - Loans Receivable and the Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2019
Receivables [Abstract]
Loans Receivable and the Allowance for Loan Losses	Note 5 - Loans Receivable and the Allowance for Loan Losses Major classes of loans are as follows: December 31, 2019 2018 Commercial: Commercial and industrial $ 168,031 $ 162,452 Construction 56,209 50,135 Secured by commercial real estate 336,050 308,590 Secured by residential real estate 72,443 68,581 State and political subdivisions 38,376 43,737 Retail: 1-4 family residential mortgages 69,469 67,453 Home equity loans and lines 73,311 77,475 Consumer 6,530 6,785 Total loans 820,419 785,208 Net unearned costs 197 240 Loans receivable $ 820,616 $ 785,448 Loans secured by commercial real estate include all loans collateralized at least in part by commercial real estate. These loans may not be for the express purpose of conducting commercial real estate transactions. Overdrafts are reclassified as loans and are included in consumer loans above and total loans on the balance sheet. At December 31, 2019 and 2018, overdrafts were $224,000 and $183,000, respectively. QNB generally lends in its trade area which is comprised of Quakertown and the surrounding communities. To a large extent, QNB makes loans collateralized at least in part by real estate. Its lending activities could be affected by changes in the general economy, the regional economy, or real estate values. Other than disclosed in the table above, at December 31, 2019, there was a concentration of loans to lessors of residential buildings and dwellings of 16.6% of total loans and to lessors of nonresidential buildings of 18.3% of total loans, compared with 15.8% and 18.1% of total loans, respectively, at December 31, 2018. These concentrations were primarily within the commercial real estate categories. The Company engages in a variety of lending activities, including commercial, residential real estate and consumer transactions. The Company focuses its lending activities on individuals, professionals and small to medium sized businesses. Risks associated with lending activities include economic conditions and changes in interest rates, which can adversely impact both the ability of borrowers to repay their loans and the value of the associated collateral. Commercial and industrial loans, commercial real estate loans, construction loans and residential real estate loans with a business purpose are generally perceived as having more risk of default than residential real estate loans with a personal purpose and consumer loans. These types of loans involve larger loan balances to a single borrower or groups of related borrowers and are more susceptible to a risk of loss during a downturn in the business cycle. These loans may involve greater risk because the availability of funds to repay these loans depends on the successful operation of the borrower’s business. The assets financed are used within the business for its ongoing operation. Repayment of these types of loans generally comes from the cash flow of the business or the ongoing conversions of assets, such as accounts receivable and inventory, to cash. Typical collateral for commercial and industrial loans includes the borrower’s accounts receivable, inventory and machinery and equipment. Commercial real estate and residential real estate loans secured for a business purpose are originated primarily within the eastern Pennsylvania market area at conservative loan-to-value ratios and often backed by the individual guarantees of the borrowers or owners. Repayment of this kind of loan is dependent upon either the ongoing cash flow of the borrowing entity or the resale of or lease of the subject property. Commercial real estate loans may be affected to a greater extent than residential loans by adverse conditions in real estate markets or the economy because commercial real estate borrowers’ ability to repay their loans depends on successful development of their properties, as well as the factors affecting residential real estate borrowers. Loans to state and political subdivisions are tax-exempt or taxable loans to municipalities, school districts and housing and industrial development authorities. These loans can be general obligations of the municipality or school district repaid through their taxing authority, revenue obligations repaid through the income generated by the operations of the authority, such as a water or sewer authority, or loans issued to a housing and industrial development agency, for which a private corporation is responsible for payments on the loans. The Company originates fixed-rate and adjustable-rate real estate-residential mortgage loans for personal purposes that are secured by first liens on the underlying 1-4 family residential properties. Credit risk exposure in this area of lending is minimized by the evaluation of the credit worthiness of the borrower, including debt-to-income ratios, credit scores and adherence to underwriting policies that emphasize conservative loan-to-value ratios of generally no more than 80%. Residential mortgage loans granted in excess of the 80% loan-to-value ratio criterion are generally insured by private mortgage insurance. The real estate-home equity portfolio consists of fixed-rate home equity loans and variable-rate home equity lines of credit. Risks associated with loans secured by residential properties are generally lower than commercial loans and include general economic risks, such as the strength of the job market, employment stability and the strength of the housing market. Since most loans are secured by a primary or secondary residence, the borrower’s continued employment is the greatest risk to repayment. The Company offers a variety of loans to individuals for personal and household purposes. Consumer loans are generally considered to have greater risk than first or second mortgages on real estate because they may be unsecured, or, if they are secured, the value of the collateral may be difficult to assess and is more likely to decrease in value than real estate. Credit risk in this portfolio is controlled by conservative underwriting standards that consider debt-to-income levels and the creditworthiness of the borrower and, if secured, collateral values. The Company employs a ten-grade risk rating system related to the credit quality of commercial loans and loans to state and political subdivisions of which the first six categories are pass categories (credits not adversely rated). The following is a description of the internal risk ratings and the likelihood of loss related to each risk rating. 1 - Excellent - no apparent risk 2 - Good - minimal risk 3 - Acceptable - lower risk 4 - Acceptable - average risk 5 - Acceptable – higher risk 6 - Pass watch 7 - Special Mention - potential weaknesses 8 - Substandard - well defined weaknesses 9 - Doubtful - full collection unlikely 10 - Loss - considered uncollectible The Company maintains a loan review system, which allows for a periodic review of our loan portfolio and the early identification of potential problem loans. Each loan officer assigns a rating to commercial loans and loans to state and political subdivisions at the time the loan is originated. Loans with risk ratings of one through five are reviewed annually based on the borrower’s fiscal year. Loans with risk ratings of six are reviewed every six to twelve months based on the dollar amount of the relationship with the borrower. Loans with risk ratings of seven through ten are reviewed at least quarterly, and as often as monthly, at management’s discretion. The Company also utilizes an outside loan review firm to review the portfolio on a semi-annual basis to provide the Board of Directors and senior management an independent review of the Bank’s loan portfolio on an ongoing basis. These reviews are designed to recognize deteriorating credits in their earliest stages in an effort to reduce and control risk in the lending function as well as identifying potential shifts in the quality of the loan portfolio. The examinations by the outside loan review firm include the review of lending activities with respect to underwriting and processing new loans, monitoring the risk of existing loans and to provide timely follow-up and corrective action for loans showing signs of deterioration in quality. In addition, the outside firm reviews the methodology for the allowance for loan losses to determine compliance to policy and regulatory guidance. The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company’s internal risk rating system as of December 31, 2019 and 2018: December 31, 2019 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 158,247 $ 3,665 $ 6,119 $ — $ 168,031 Construction 56,209 — — — 56,209 Secured by commercial real estate 324,936 2,995 8,119 — 336,050 Secured by residential real estate 70,759 — 1,684 — 72,443 State and political subdivisions 38,376 — — — 38,376 Total $ 648,527 $ 6,660 $ 15,922 $ — $ 671,109 December 31, 2018 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 155,219 $ 82 $ 7,151 $ — $ 162,452 Construction 50,135 — — — 50,135 Secured by commercial real estate 297,713 1,259 9,618 — 308,590 Secured by residential real estate 66,838 173 1,570 — 68,581 State and political subdivisions 43,737 — — — 43,737 Total $ 613,642 $ 1,514 $ 18,339 $ — $ 633,495 For retail loans, the Company evaluates credit quality based on the performance of the individual credits. The following tables present the recorded investment in the retail classes of the loan portfolio based on payment activity as of December 31, 2019 and 2018: December 31, 2019 Performing Non-performing Total Retail: 1-4 family residential mortgages $ 68,833 $ 636 $ 69,469 Home equity loans and lines 72,774 537 73,311 Consumer 6,391 139 6,530 Total $ 147,998 $ 1,312 $ 149,310 December 31, 2018 Performing Non-performing Total Retail: 1-4 family residential mortgages $ 66,513 $ 940 $ 67,453 Home equity loans and lines 77,309 166 77,475 Consumer 6,659 126 6,785 Total $ 150,481 $ 1,232 $ 151,713 The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following table presents the classes of the loan portfolio (excluding deferred fees and costs) summarized by the past due status, regardless of whether the loan is on non-accrual status, as of December 31, 2019 and 2018: December 31, 2019 30-59 past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ — $ 58 $ 2,006 $ 2,064 $ 165,967 $ 168,031 Construction — — — — 56,209 56,209 Secured by commercial real estate — — 1,527 1,527 334,523 336,050 Secured by residential real estate 208 79 142 429 72,014 72,443 State and political subdivisions — — — — 38,376 38,376 Retail: 1-4 family residential mortgages 1,486 573 432 2,491 66,978 69,469 Home equity loans and lines 271 23 55 349 72,962 73,311 Consumer 29 71 — 100 6,430 6,530 Total $ 1,994 $ 804 $ 4,162 $ 6,960 $ 813,459 $ 820,419 December 31, 2018 30-59 past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ 94 $ 141 $ 1,372 $ 1,607 $ 160,845 $ 162,452 Construction — — — — 50,135 50,135 Secured by commercial real estate 305 1,029 638 1,972 306,618 308,590 Secured by residential real estate 24 352 291 667 67,914 68,581 State and political subdivisions — — — — 43,737 43,737 Retail: 1-4 family residential mortgages 544 245 476 1,265 66,188 67,453 Home equity loans and lines 82 205 61 348 77,127 77,475 Consumer 23 35 24 82 6,703 6,785 Total $ 1,072 $ 2,007 $ 2,862 $ 5,941 $ 779,267 $ 785,208 The following tables disclose the recorded investment in loans receivable that are either on non-accrual status or past due 90 days or more and still accruing interest as of December 31, 2019 and 2018: December 31, 2019 90 due (still accruing) Non-accrual Commercial: Commercial and industrial $ — $ 5,901 Construction — — Secured by commercial real estate — 3,640 Secured by residential real estate — 851 State and political subdivisions — — Retail: 1-4 family residential mortgages — 636 Home equity loans and lines — 537 Consumer — 139 Total $ — $ 11,704 December 31, 2018 90 due (still accruing) Non-accrual Commercial: Commercial and industrial $ — $ 3,179 Construction — — Secured by commercial real estate — 1,965 Secured by residential real estate — 1,102 State and political subdivisions — — Retail: 1-4 family residential mortgages — 940 Home equity loans and lines — 166 Consumer — 126 Total $ — $ 7,478 Activity in the allowance for loan losses for the years ended December 31, 2019, 2018 and 2017 are as follows: Year ended December 31, 2019 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 3,092 $ 1,771 $ (207 ) $ 33 $ 4,689 Construction 551 39 — — 590 Secured by commercial real estate 2,824 (315 ) — 10 2,519 Secured by residential real estate 754 (197 ) (51 ) 123 629 State and political subdivisions 153 (38 ) — — 115 Retail: 1-4 family residential mortgages 497 52 — — 549 Home equity loans and lines 338 (26 ) (17 ) 15 310 Consumer 164 219 (197 ) 44 230 Unallocated 461 (205 ) N/A N/A 256 Total $ 8,834 $ 1,300 $ (472 ) $ 225 $ 9,887 Year ended December 31, 2018 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,711 $ 341 $ — $ 40 $ 3,092 Construction 563 (12 ) — — 551 Secured by commercial real estate 2,410 391 — 23 2,824 Secured by residential real estate 816 (12 ) (77 ) 27 754 State and political subdivisions 114 39 — — 153 Retail: 1-4 family residential mortgages 444 54 (1 ) — 497 Home equity loans and lines 357 52 (84 ) 13 338 Consumer 57 185 (112 ) 34 164 Unallocated 369 92 N/A N/A 461 Total $ 7,841 $ 1,130 $ (274 ) $ 137 $ 8,834 Year ended December 31, 2017 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,459 $ 2,178 $ (960 ) $ 34 $ 2,711 Construction 449 114 — — 563 Secured by commercial real estate 2,646 (244 ) — 8 2,410 Secured by residential real estate 1,760 (959 ) (23 ) 38 816 State and political subdivisions 123 (9 ) — — 114 Retail: 1-4 family residential mortgages 366 78 — — 444 Home equity loans and lines 353 (6 ) — 10 357 Consumer 76 41 (92 ) 32 57 Unallocated 162 207 N/A N/A 369 Total $ 7,394 $ 1,400 $ (1,075 ) $ 122 $ 7,841 As previously discussed, the Company maintains a loan review system, which includes a continuous review of the loan portfolio by internal and external parties to aid in the early identification of potential impaired loans. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial loans and loans to state and political subdivisions by using either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential mortgage loans for impairment disclosures, unless such loans are part of a larger relationship that is impaired or are classified as a troubled debt restructuring. An allowance for loan losses is established for an impaired loan if its carrying value exceeds its estimated fair value. The estimated fair values of the majority of the Company’s impaired loans are measured based on the estimated fair value of the loan’s collateral. For commercial loans secured by real estate, estimated fair values are determined primarily through third-party appraisals. When a real estate secured loan becomes impaired, a decision is made regarding whether an updated certified appraisal of the real estate is necessary. This decision is based on various considerations, including the age of the most recent appraisal, the loan-to-value ratio based on the original appraisal and the condition of the property. Appraised values are discounted to arrive at the estimated selling price of the collateral, which is considered to be the estimated fair value. The discounts also include estimated costs to sell the property. For commercial loans secured by non-real estate collateral, such as accounts receivable, inventory and equipment, estimated fair values are determined based on the borrower’s financial statements, inventory reports, accounts receivable agings or equipment appraisals or invoices. Indications of value from these sources are generally discounted based on the age of the financial information or the quality of the assets. From time to time, QNB may extend, restructure, or otherwise modify the terms of existing loans, on a case-by-case basis, to remain competitive and retain certain customers, as well as assist other customers that may be experiencing financial difficulties. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, extension of terms, forgiveness of principal or interest, or other modifications of interest rates to less than the current market rate for new obligations with similar risk. Loans classified as TDRs are considered non-performing and are also designated as impaired. The concessions made for TDRs involve lowering the monthly payments on loans through periods of interest only payments, a reduction in interest rate below a market rate or an extension of the term of the loan without a corresponding adjustment to the risk premium reflected in the interest rate, or a combination of these three methods. The restructurings rarely result in the forgiveness of principal or accrued interest. If the borrower has demonstrated performance under the previous terms and our underwriting process shows the borrower has the capacity to continue to perform under the restructured terms, the loan will continue to accrue interest. Non-accruing restructured loans may be returned to accrual status when there has been a sustained period of repayment performance (generally six consecutive months of payments) and both principal and interest are deemed collectible. Performing TDRs (not reported as non-accrual or past due 90 days or more and still accruing) totaled $4,760,000 and $2,160,000 as of December 31, 2019 and 2018, respectively. Non-performing TDRs totaled $1,131,000 and $1,317,000 as of December 31, 2019 and 2018, respectively. All TDRs are included in impaired loans. The following table illustrates the specific reserve for loan losses allocated to loans modified as TDRs. These specific reserves are included in the allowance for loan losses for loans individually evaluated for impairment. There were charge-offs resulting from loans modified as TDRs of $5,000, $51,000 and $3,000 during the years ended December 31, 2019, 2018 and 2017, respectively. December 31, 2019 2018 Unpaid principal balance Related allowance Unpaid principal balance Related allowance TDRs with no specific allowance recorded $ 2,957 $ — $ 2,513 $ — TDRs with an allowance recorded 2,934 450 964 411 Total $ 5,891 $ 450 $ 3,477 $ 411 There were six newly identified TDRs during the year ended December 31, 2019 including a commercial and industrial loan restructured into three loans secured by commercial real estate and a reduced the line of credit available under the existing commercial and industrial loan; and one existing TDR included in the table below whose terms were modified a second time. As of December 31, 2019 and 2018, QNB had commitments of $24,000 and $0, respectively, to lend additional funds to customers with loans whose terms have been modified in troubled debt restructurings. The following table presents loans, by loan class, modified as TDRs during the years ended December 31, 2019 and 2018. The pre-modification outstanding recorded investment disclosed represents the carrying amounts immediately prior to the modification of the loan. The post-modification outstanding recorded investment is net of loan repayments. Year ended December 31, 2019 2018 Number contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Commercial: Commercial and industrial 1 $ 641 $ 126 — $ — $ — Secured by commercial real estate 3 $ 2,540 $ 2,528 1 $ 99 $ 99 Secured by residential real estate 3 — 534 1 39 29 Retail: Home equity loans and lines — — — 2 95 86 Total 7 $ 3,181 $ 3,188 4 $ 233 $ 214 There were no loans modified as TDRs, included above, within the previous 12 months from December 31, 2019 and 2018, for which there was a payment default, past due 60 days or more, during the respective year end. The company had four loans secured by residential real estate with a recorded investment of $467,000 for which foreclosure proceedings were in process as of December 31, 2019. There were five mortgage loans secured by residential real estate with a recorded investment of $537,000 for which foreclosure proceedings were in process at December 31, 2018. The following tables present the balance in the allowance of loan losses disaggregated on the basis of the Company’s impairment method by class of loans receivable along with the balance of loans receivable by class, excluding unearned fees and costs, disaggregated on the basis of the Company’s impairment methodology: Allowance for Loan Losses Loans Receivable December 31, 2019 Balance Balance to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 4,689 $ 3,307 $ 1,382 $ 168,031 $ 6,027 $ 162,004 Construction 590 — 590 56,209 — 56,209 Secured by commercial real estate 2,519 217 2,302 336,050 7,172 328,878 Secured by residential real estate 629 31 598 72,443 2,082 70,361 State and political subdivisions 115 — 115 38,376 — 38,376 Retail: 1-4 family residential mortgages 549 — 549 69,469 955 68,514 Home equity loans and lines 310 — 310 73,311 555 72,756 Consumer 230 11 219 6,530 69 6,461 Unallocated 256 N/A N/A N/A N/A N/A Total $ 9,887 $ 3,566 $ 6,065 $ 820,419 $ 16,860 $ 803,559 Allowance for Loan Losses Loans Receivable December 31, 2018 Balance Balance to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 3,092 $ 1,461 $ 1,631 $ 162,452 $ 7,128 $ 155,324 Construction 551 — 551 50,135 - 50,135 Secured by commercial real estate 2,824 101 2,723 308,590 6,083 302,507 Secured by residential real estate 754 97 657 68,581 1,740 66,841 State and political subdivisions 153 — 153 43,737 — 43,737 Retail: 1-4 family residential mortgages 497 — 497 67,453 1,268 66,185 Home equity loans and lines 338 5 333 77,475 186 77,289 Consumer 164 — 164 6,785 77 6,708 Unallocated 461 N/A N/A N/A N/A N/A Total $ 8,834 $ 1,664 $ 6,709 $ 785,208 $ 16,482 $ 768,726 The following table summarizes additional information regarding impaired loans by loan portfolio class as of December 31, 2019 and 2018: December 31, 2019 December 31, 2018 Recorded investment (after charge-offs) Unpaid principal balance Related allowance Recorded investment (after charge-offs) Unpaid principal balance Related allowance With no specific allowance recorded: Commercial: Commercial and industrial $ 901 $ 1,258 $ — $ 4,243 $ 4,525 $ — Construction — — — — — — Secured by commercial real estate 3,735 4,362 — 5,012 5,577 — Secured by residential real estate 1,936 2,110 — 1,023 1,140 — Retail: 1-4 family residential mortgages — — — 1,268 1,357 — Home equity loans and lines 955 1,010 — 140 190 — Consumer 555 612 — 77 84 — Total $ 8,082 $ 9,352 $ — $ 11,763 $ 12,873 $ — With an allowance recorded: Commercial: Commercial and industrial $ 5,126 $ 6,577 $ 3,307 $ 2,885 $ 4,128 $ 1,461 Construction — — — — — — Secured by commercial real estate 3,437 3,495 217 1,071 1,095 101 Secured by residential real estate 146 193 31 717 773 97 Retail: 1-4 family residential mortgages — — — — — — Home equity loans and lines — — — 46 46 5 Consumer 69 79 11 — — — Total $ 8,778 $ 10,344 $ 3,566 $ 4,719 $ 6,042 $ 1,664 Total: Commercial: Commercial and industrial $ 6,027 $ 7,835 $ 3,307 $ 7,128 $ 8,653 $ 1,461 Construction — — — — — — Secured by commercial real estate 7,172 7,857 217 6,083 6,672 101 Secured by residential real estate 2,082 2,303 31 1,740 1,913 97 Retail: 1-4 family residential mortgages — — — 1,268 1,357 — Home equity loans and lines 955 1,010 — 186 236 5 Consumer 624 691 11 77 84 — Total $ 16,860 $ 19,696 $ 3,566 $ 16,482 $ 18,915 $ 1,664 The following table presents additional information regarding the average recorded investment and interest income recognized on impaired loans for the years ended December 31, 2019, 2018 and 2017: Year Ended December 31, 2019 2018 2017 Average recorded investment Interest income recognized Average recorded investment Interest income recognized Average recorded investment Interest income recognized Commercial: Commercial and industrial $ 4,603 $ 1 $ 6,064 $ 227 $ 5,301 $ 14 Construction — — — — 51 2 Secured by commercial real estate 4,682 94 4,908 189 5,744 145 Secured by residential real estate 1,713 40 1,800 23 2,252 23 State and political subdivisions — — — — — — Retail: 1-4 family residential mortgages 1,037 12 1,251 12 1,155 13 Home equity loans and lines 281 1 186 1 138 1 Consumer 73 — 81 — 97 — Total $ 12,389 $ 148 $ 14,290 $ 452 $ 14,738 $ 198

Note 6 - Premises and Equipment

Note 6 - Premises and Equipment	12 Months Ended
	Dec. 31, 2019
Property Plant And Equipment [Abstract]
Premises and Equipment	Note 6 - Premises and Equipment Premises and equipment, stated at cost less accumulated depreciation and amortization, are summarized below: December 31, 2019 2018 Land and buildings $ 12,260 $ 12,258 Furniture and equipment 15,699 14,618 Leasehold improvements 4,252 2,816 Right-of-use asset 3,821 — Book value 36,032 29,692 Accumulated depreciation and amortization (20,424 ) (19,774 ) Net book value $ 15,608 $ 9,918 Depreciation and amortization expense on premises and equipment amounted to $1,211,000, $990,000, and $821,000 for the years ended December 31, 2019, 2018 and 2017, respectively. The following table summarized the quantitative attributes of QNB’s operating leases: Year ended December 31, 2019 Lease cost Operating lease cost $ 617 Total lease cost $ 617 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cashflows from operating leases $ 583 At implementatoin of new accounting guidance: Right-of-use assets recorded for finance lease liabilities $ 2,005 Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,407 Weighted average remaining lease terms: Operating leases 15.6 years Weighted average discount rates: Operating leases 3.11 %

Note 7 - Intangible Assets and

Note 7 - Intangible Assets and Loan Servicing	12 Months Ended
	Dec. 31, 2019
Transfers And Servicing Of Financial Assets [Abstract]
Intangible Assets and Loan Servicing	Note 7 - Intangible Assets and Loan Servicing Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of mortgage loans serviced for others were $73,108,000 and $73,993,000 at December 31, 2019 and 2018, respectively. The following table reflects the activity of mortgage servicing rights for the periods indicated: Year ended December 31, 2019 2018 2017 Balance at beginning of year $ 451 $ 483 $ 498 Mortgage servicing rights capitalized 61 33 67 Mortgage servicing rights amortized (72 ) (66 ) (83 ) Fair market value adjustments 1 1 1 Balance at end of year $ 441 $ 451 $ 483 The balance of these mortgage servicing rights is included in other assets at December 31, 2019 and 2018 and the fair value of these rights was $551,000 and $604,000, respectively. The fair value of servicing rights was determined using discount rates ranging from 12.0% to 12.5 % for both 2019 and 2018. The annual estimated amortization expense of intangible assets for each of the five succeeding fiscal years is as follows: 2020 $ 75 2021 63 2022 53 2023 45 2024 37

Note 8 - Time Deposits

Note 8 - Time Deposits	12 Months Ended
	Dec. 31, 2019
Banking And Thrift [Abstract]
Time Deposits	Note 8 - Time Deposits The aggregate amount of time deposits, including deposits in denominations of $100,000 or more, was $235,576,000 and $223,788,000 at December 31, 2019 and 2018, respectively. Time deposits that meet or exceed the FDIC insurance limit of $250,000 at December 31, 2019 and 2018 were $45,064,000 and $47,266,000, respectively. At December 31, 2019, the scheduled maturities of time deposits were as follows: 2020 $ 140,955 2021 58,405 2022 16,736 2023 10,304 2024 9,176 Thereafter — Total time deposits $ 235,576

Note 9 - Short-Term Borrowings

Note 9 - Short-Term Borrowings	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Short-Term Borrowings	Note 9 - Short-Term Borrowings December 31, Securities sold under agreements to repurchase (a) Other short - term borrowings (b) 2019 Balance $ 44,114 $ 11,817 Maximum indebtedness at any month end 44,114 33,260 Daily average indebtedness outstanding 40,220 16,761 Average rate paid for the year 0.70 % 2.49 % Average rate on period-end borrowings 0.62 1.81 2018 Balance $ 47,007 $ 3,865 Maximum indebtedness at any month end 47,007 46,451 Daily average indebtedness outstanding 38,172 22,767 Average rate paid for the year 0.55 % 2.03 % Average rate on period-end borrowings 0.67 2.65 (a) Securities sold under agreements to repurchase mature overnight. The repurchase agreements were collateralized by U.S. Government mortgage-backed securities and CMOs with an amortized cost of $55,928,000 and $62,445,000 and a fair value of $55,795,000 and $60,408,000 and at December 31, 2019 and 2018, respectively. These securities are held in safekeeping at the Federal Reserve Bank of Boston. (b) Other short-term borrowings include Federal funds purchased and overnight borrowings from the FHLB. The Bank has five unsecured Federal funds lines granted by correspondent banks totaling $61,000,000. Federal funds purchased under these lines were $0 at both December 31, 2019 and 2018.

Note 10 - Long-Term Debt

Note 10 - Long-Term Debt	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Note 10 - Long-Term Debt FHLB advances are collateralized by certain mortgage loans and also require the purchase of FHLB capital stock, which is included within restricted investment in bank stock on the consolidated balance sheets. QNB’s FHLB stock is $1,061,000 and $785,000 at December 31, 2019 and 2018, respectively. QNB has a maximum borrowing capacity with the FHLB of approximately $335,313,000. At December 31, 2019 QNB had $11,817,000 in borrowings outstanding with the FHLB reported in Note 9 as other short-term borrowings and a letter of credit issued of $350,000. QNB had $3,865,000 in short-term borrowings outstanding and a letter of credit of $350,000 with the FHLB at December 31, 2018.

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 11 - Income Taxes The Tax Cuts and Jobs Act (the “2017 Tax Reform Act”) was enacted on December 22, 2017. The 2017 Tax Reform Act reduced the U.S. Federal corporate tax rate for QNB from 34% to 21% effective January 1, 2018. U.S. GAAP required that the tax impact of the rate change on existing tax account balances be recognized in the 2017 provision. A reasonable estimate of the rate change effect on QNB’s existing deferred tax asset/liability accounts (DTA/DTL) was made and a $2,054,000 adjustment to the 2017 tax provision was recorded. A portion of the DTA/DTL tax rate change effect related to QNB’s unrealized gains(losses) on available for sale securities, net of their expected deferred tax benefit, included in AOCI and created a “stranded tax effect” of $805,000. In February 2018, FASB issued ASU 2018-02, as discussed in Note 1, allowing a one-time reclassification of such “stranded tax effect” from AOCI to retained earnings. In the first quarter of 2018, QNB reclassified $805,000 of deferred tax benefits from AOCI to retained earnings as reflected in the Consolidated Statements of Shareholders’ Equity. In 2018, QNB’s 2017 Federal tax return was filed and included an election to change tax methods for bad debt conformity and for loan originations costs. This resulted in a tax benefit of $415,000 related to the change in the tax rate from 34% to 21%. These discrete tax items were recorded in 2018. The components of the provision for income taxes are as follows: Year ended December 31, 2019 2018 2017 Current Federal income taxes $ 2,789 $ 1,742 $ 3,454 Current state income taxes 380 57 124 Deferred Federal income taxes (benefits) (207 ) 363 268 Deferred state income taxes (benefits) (112 ) (105 ) — Other — (85 ) — Net provision prior to discrete tax adjustments 2,850 1,972 3,846 DTL writeoff due to change in tax methods — (415 ) — Net DTA revaluation for change in tax rate under 2017 Tax Reform — — 2,054 Net provision $ 2,850 $ 1,557 $ 5,900 At December 31, 2019 and 2018, the tax effects of temporary differences that represent the significant portion of deferred tax assets and liabilities are as follows: December 31, 2019 2018 Deferred tax assets Allowance for loan losses $ 2,076 $ 1,855 Net unrealized holding losses on investment securities available-for-sale — 1,896 Fair value adjustment on equity securities — 190 Non-accrual interest income 54 76 Deferred rent — 59 Deferred revenue 71 121 Incurred but not reported medical expense 31 33 Bonus 218 178 State net operating loss carryforward — 29 Other 33 27 Total deferred tax assets 2,483 4,464 Deferred tax liabilities Deferred loan costs 369 361 Depreciation 289 179 Mortgage servicing rights 92 95 Net unrealized holding losses on investment securities available-for-sale 68 — Fair value adjustment on equity securities 32 — Prepaid expenses 151 92 Deferred rent 23 — Other 18 13 Total deferred tax liabilities 1,042 740 Net deferred tax asset $ 1,441 $ 3,724 The ability to realize deferred tax assets is dependent upon a variety of factors, including the generation of future taxable income, the existence of taxes paid and recoverable, the reversal of deferred tax liabilities and tax planning strategies. Based upon these and other factors, management believes it is more likely than not that QNB will realize the benefits of the above deferred tax assets. A reconciliation of the tax provision on income before taxes computed at the statutory rates of 21% for 2019 and 2018 and 34% for 2017 and the actual tax provision was as follows: Year ended December 31, 2019 2018 2017 Dollar % Dollar % Dollar % Provision at statutory rate $ 3,193 21.0 % $ 2,707 21.0 % $ 4,825 34.0 % Tax-exempt interest and dividend income (538 ) (3.5 ) (577 ) (4.5 ) (948 ) (6.7 ) Bank-owned life insurance (61 ) (0.4 ) (61 ) (0.4 ) (100 ) (0.7 ) Life insurance proceeds — — — — (18 ) (0.1 ) Stock-based compensation expense 20 0.1 17 0.1 19 0.1 State income tax 205 1.3 (19 ) (0.1 ) 82 0.6 Other 31 0.2 (95 ) (0.8 ) (14 ) (0.1 ) Net provision prior to discrete tax adjustments 2,850 18.7 1,972 15.3 3,846 27.1 DTL writeoff for change in tax methods — — (415 ) (3.2 ) — — Net DTA revaluation for change in tax rate under 2017 Tax Reform — — — — 2,054 14.5 Net provision $ 2,850 18.7 % $ 1,557 12.1 % $ 5,900 41.6 %

Note 12 - Employee Benefit Plan

Note 12 - Employee Benefit Plans	12 Months Ended
	Dec. 31, 2019
Compensation Related Costs [Abstract]
Employee Benefit Plans	Note 12 - Employee Benefit Plans The QNB Bank Retirement Savings Plan provides for elective employee contributions up to the maximum allowed by the IRS and a matching company contribution limited to 3%. In addition, the plan provides for safe harbor non-elective contributions of 5% of total compensation by QNB. QNB contributed a matching contribution of approximately $309,000, $271,000 and $259,000 for the years ended December 31, 2019, 2018, and 2017, respectively, and a safe harbor contribution of approximately $553,000 for 2019, $494,000 for 2018, and $478,000 for 2017. QNB’s Employee Stock Purchase Plan (the Plan) offers eligible employees an opportunity to purchase shares of QNB Corp. common stock at a 10% discount from the lesser of fair market value on the first or last day of each offering period (as defined by the Plan). At the 2016 Annual Meeting, shareholders approved the 2016 Employee Stock Purchase Plan (the 2016 Plan), which authorizes the issuance of 30,000 shares. As of December 31, 2019, 10,325 shares were issued under the 2016 Plan. The 2016 Plan expires May 31, 2021. Shares issued pursuant to the Plan were as follows: Year ended December 31, 2019 2018 2017 Shares 3,310 2,963 2,660 Price per share $33.53 $39.60 and $39.47 $31.95 and $36.18

Note 13 - Stock Option Plan

Note 13 - Stock Option Plan	12 Months Ended
	Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Option Plan	Note 13 - Stock Option Plan QNB has stock option plans (the Plans) administered by a committee which consists of three or more members of QNB’s Board of Directors. The Plans provide for the granting of either (i) Non-Qualified Stock Options (NQSOs) or (ii) Incentive Stock Options (ISOs). The exercise price of an option, as defined by the Plans, is the fair market value of QNB’s common stock at the date of grant. The Plans provide for the exercise either in cash or in securities of the Company or in any combination thereof. The 2005 Plan authorized the issuance of 200,000 shares. The time period by which any option is exercisable under the Plan is determined by the Committee but shall not commence before the expiration of six months after the date of grant or continue beyond the expiration of five years after the date grant date. The granted options vest after a three-year period. As of December 31, 2019, there were 184,200 options granted, 65,850 options forfeited, 109,950 options exercised and 8,400 options outstanding under this Plan. The 2005 Plan expired March 15, 2015. The 2015 Plan authorizes the issuance of 300,000 shares. The terms of the 2015 Plan are identical to the 2005 plan. There were 98,200 options granted, 2,600 options forfeited, 650 options exercised and 94,950 options outstanding under this Plan as of December 31, 2019. As of December 31, 2019, there was approximately $117,000 of unrecognized compensation cost related to unvested stock option awards granted. That cost is expected to be recognized over the next 26 months. Stock option activity during 2019, 2018, and 2017 was as follows: Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2016 73,950 $ 27.14 Exercised (13,125 ) 22.42 Forfeited (300 ) 22.58 Granted 25,000 37.60 Outstanding at December 31, 2017 85,525 30.94 Exercised (13,850 ) 24.96 Forfeited (1,600 ) 32.52 Granted 25,000 43.60 Outstanding at December 31, 2018 95,075 35.11 Exercised (14,925 ) 27.16 Forfeited (1,500 ) 37.20 Granted 24,700 38.15 Outstanding at December 31, 2019 103,350 $ 36.96 2.47 $ 296 Exercisable at December 31, 2019 30,200 $ 30.08 0.84 $ 259 As of December 31, 2019, outstanding stock options consist of the following: Options outstanding Exercise price Remaining life (in years) Options exercisable Exercise price 8,400 $ 29.25 0.08 8,400 $ 29.25 21,800 30.40 1.13 21,800 30.40 23,950 37.60 2.13 — — 24,500 43.60 3.14 — — 24,700 38.15 4.13 — — Outstanding at December 31, 2019 103,350 $ 36.96 2.47 30,200 $ 30.08 The intrinsic value related to total stock options exercised during 2019, 2018, and 2017 are as follows: 2019 2018 2017 Intrinsic value of stock options exercised $ 153 $ 274 $ 204

Note 14 - Related Party Transac

Note 14 - Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Note 14 - Related Party Transactions QNB has had, and may be expected to have in the future, banking transactions in the ordinary course of business with its executive officers, directors, principal shareholders, their immediate families and affiliated companies. The following table presents activity and amounts due from directors, principal officers, and their related interests. All of these transactions were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons. These transactions did not involve more than normal risk of collectability or present any other unfavorable features. Balance, December 31, 2018 $ 12,891 New loans 14,274 Repayments (13,326 ) Balance, December 31, 2019 $ 13,839 The following table provides additional information regarding transactions with related parties. December 31, 2019 2018 Commitments to extend credit $ 6,338 $ 6,867 Letters of credit 1,696 1,296 Deposits received 8,779 7,181

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 15 - Commitments and Contingencies Financial instruments with off-balance sheet risk: In the normal course of business there are various legal proceedings, commitments, and contingent liabilities which are not reflected in the consolidated financial statements. Management does not anticipate any material losses as a result of these transactions and activities. They include, among other things, commitments to extend credit and standby letters of credit. The maximum exposure to credit loss, which represents the possibility of sustaining a loss due to the failure of the other parties to a financial instrument to perform according to the terms of the contract, is represented by the contractual amount of these instruments. QNB uses the same lending standards and policies in making credit commitments as it does for on-balance sheet instruments. The activity is controlled through credit approvals, control limits, and monitoring procedures. A summary of the Bank's financial instrument commitments is as follows: December 31, 2019 2018 Commitments to extend credit and unused lines of credit $ 273,088 $ 266,021 Standby letters of credit 11,704 17,269 Total financial instrument commitments $ 284,792 $ 283,290 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. QNB evaluates each customer’s creditworthiness on a case-by-case basis. Standby letters of credit are conditional commitments issued by the Bank to guarantee the financial or performance obligation of a customer to a third party. QNB’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for standby letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making conditional obligations as it does for on-balance sheet instruments. Standby letters of credit totaling $10,235,000 expire within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending other loan commitments. The Bank requires collateral and personal guarantees supporting these letters of credit as deemed necessary. The amount of collateral obtained for letters of credit and commitments to extend credit is based on management’s credit evaluation of the customer. Collateral varies, but may include real estate, accounts receivable, marketable securities, pledged deposits, inventory or equipment. Management believes that the proceeds obtained through a liquidation of such collateral and the enforcement of personal guarantees would be sufficient to cover the maximum potential amount of future payments required under the corresponding guarantees. The amount of the liability as of December 31, 2019 and 2018 for guarantees under standby letters of credit issued is not material. Other commitments: QNB has committed to various operating leases for several of their branch and office facilities. Some of these leases include specific provisions relating to rent increases. A maturity analysis of the operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: Operating Leases 2020 $ 533 2021 470 2022 465 2023 414 2024 322 Thereafter 3,255 Total undiscounted cashflows 5,459 Total discount on cashflows (1,316 ) Total lease liabilities $ 4,143 Some of the leases contain renewal options to extend the initial terms of the lease for periods ranging from five to ten years and certain leases allow for multiple extensions, the commitment for such renewals is not included above if they have not been exercised as of December 31, 2019. Operating lease costs, which include common area maintenance costs not included in the minimum lease payments above, for the years ended December 31, 2019, 2018 and 2017, was $ 778,000, $681,000 and $645,000, respectively.

Note 16 - Accumulated Other Com

Note 16 - Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2019
Other Comprehensive Income Loss Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 16 - Accumulated Other Comprehensive Income (Loss) The following shows the components of accumulated other comprehensive income (loss) during the periods ended December 31, 2019, 2018 and 2017: December 31, 2019 2018 2017 Unrealized net holding (losses) gains on available-for-sale securities $ 325 $ (9,028 ) $ (6,165 ) Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings — — (26 ) Accumulated other comprehensive (loss) income 325 (9,028 ) (6,191 ) Tax effect* (68 ) 1,896 1,300 Stranded tax effect — — 805 Accumulated other comprehensive income (loss), net of tax $ 257 $ (7,132 ) $ (4,086 ) * At tax rates of 21% The stranded tax effect is related to the recognition of tax rate change effects on AFS DTA/DTL revaluation, resulting from the 2017 Tax Reform Act, as described in Note 11. The following table presents amounts reclassified out of accumulated other comprehensive income (loss) for the years ended December 31, 2019, 2018 and 2017: Amount reclassified from accumulated other comprehensive income (loss) Details about accumulated other comprehensive income (loss) 2019 2018 2017 Affected line item in statement of income Realized net holding (losses) gains on available-for-sale securities $ (26 ) $ 3 $ 1,580 Net gain on sale of investment securities Other-than-temporary impairment losses on investment securities — — (80 ) Net other-than-temporary impairment losses on investment securities Net (loss) gain on sale of investment securities (26 ) 3 1,500 Tax effect* 5 (1 ) (510 ) Provision for income taxes Total reclassification out of accumulated other comprehensive (loss) income, net of tax $ (21 ) $ 2 $ 990 Net of tax *At rate of 21% for both 2019 and 2018 and 34% for 2017

Note 17 - Fair Value Measuremen

Note 17 - Fair Value Measurements and Fair Values of Financial Instruments	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements and Fair Values of Financial Instruments	Note 17 - Fair Value Measurements and Fair Values of Financial Instruments Financial Accounting Standards Board (“FASB”) ASC 820, Fair Value Measurements and Disclosures ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The measurement of fair value should be consistent with one of the following valuation techniques: market approach, income approach, and/or cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). For example, valuation techniques consistent with the market approach often use market multiples derived from a set of comparables. Multiples might lie in ranges with a different multiple for each comparable. The selection of where within the range the appropriate multiple falls requires judgment, considering factors specific to the measurement (qualitative and quantitative). Valuation techniques consistent with the market approach include matrix pricing. Matrix pricing is a mathematical technique used principally to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the security’s relationship to other benchmark quoted securities. For financial assets measured at fair value on a recurring and nonrecurring basis, the fair value measurements by level within the fair value hierarchy used were as follows: December 31, 2019 Quoted in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Securities available-for-sale U.S. Government agency securities $ — $ 69,298 $ — $ 69,298 State and municipal securities — 50,781 — 50,781 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities — 134,829 — 134,829 Collateralized mortgage obligations (CMOs) — 86,610 — 86,610 Pooled trust preferred securities — — 79 79 Corporate debt securities — 8,113 — 8,113 Total securities available-for-sale — 349,631 79 349,710 Equity securities 9,164 — — 9,164 Total recurring fair value measurements $ 9,164 $ 349,631 $ 79 $ 358,874 Nonrecurring fair value measurements * Impaired loans $ — $ — $ 5,212 $ 5,212 Mortgage servicing rights — — 7 7 Total nonrecurring fair value measurements $ — $ — $ 5,219 $ 5,219 * impairment December 31, 2018 Quoted in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Securities available-for-sale U.S. Government agency securities $ — $ 68,409 $ — $ 68,409 State and municipal securities — 66,313 — 66,313 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities — 125,913 — 125,913 Collateralized mortgage obligations (CMOs) — 75,491 — 75,491 Pooled trust preferred securities — — 116 116 Corporate debt securities — 7,979 — 7,979 Total securities available-for-sale — 344,105 116 344,221 Equity securities 9,421 — — 9,421 Total recurring fair value measurements $ 9,421 $ 344,105 $ 116 $ 353,642 Nonrecurring fair value measurements * Impaired loans $ — $ — $ 3,055 $ 3,055 Mortgage servicing rights — — 5 5 Total nonrecurring fair value measurements $ — $ — $ 3,060 $ 3,060 * impairment The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which QNB has utilized Level 3 inputs to determine fair value: Quantitative information about Level 3 fair value measurements December 31, 2019 Fair Valuation techniques Unobservable input Value of values Impaired loans $ 4,655 Appraisal (1) Appraisal adjustments (2) -5% to -40% Liquidation expenses (3) -10% Impaired loans 521 Financial statement values for UCC collateral Financial statement value discounts (5) -30 to -100% Impaired loans 36 Used commercial vehicle guides Guide value discounts (4) -30 % Mortgage servicing rights 7 Discounted cash flow Remaining term 2 - 27 yrs Discount rate 12.0% to 12.5% Quantitative information about Level 3 fair value measurements December 31, 2018 Fair Valuation techniques Unobservable input Value of values Impaired loans $ 1,632 Appraisal (1) Appraisal adjustments (2) -20% to -90% Liquidation expenses (3) -10% Impaired loans 1,415 Financial statement values for UCC collateral Financial statement value discounts (5) -25% to -100% Impaired loans 8 Used commercial vehicle guides Guide value discounts (4) -10 % Mortgage servicing rights 5 Discounted cash flow Remaining term 2 - 26 yrs Discount rate 12.0% to 12.5% (1) Fair value is primarily determined through appraisals of the underlying collateral by independent parties, which generally includes various level 3 inputs which are not always identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and the age of the appraisal. The range is presented as a percent of the initial appraised value. (3) Appraisals and pending agreements of sale are adjusted by management for estimated liquidation expenses. The range is presented as a percent of the initial appraised value. (4) If lendable value (lower than wholesale) is utilized then no additional discounts are taken. If lendable value is not provided, then additional discounts are applied. (5) Values obtained from financial statements for UCC collateral (fixed assets and inventory) are discounted to estimated realizable liquidation value. The following table presents additional information about the securities available-for-sale measured at fair value on a recurring basis and for which QNB utilized significant unobservable inputs (Level 3 inputs) to determine fair value for the year ended December 31: Fair value measurements using significant unobservable inputs (Level 3) Securities available-for-sale 2019 2018 Balance, beginning of year $ 116 $ 215 Payments received (37 ) (119 ) Sale of securities — — Total gains or losses (realized/unrealized) Included in earnings — — Included in other comprehensive income — 20 Transfers in and/or out of Level 3 — — Balance, end of year $ 79 $ 116 There were also no transfers in or out of level 3 for the same periods. There was $0 and $0 in losses included in earnings attributable to the change in unrealized gains or losses relating to the available-for-sale securities above with fair value measurements utilizing significant unobservable inputs for the years ended December 31, 2019 and 2018, respectively. The Level 3 securities consist of one collateralized debt obligation security (“PreTSL”), which is backed by trust preferred securities issued by banks. The market for this security at December 31, 2019 was not active and markets for similar securities also are not active. The new issue market is also inactive and there are currently very few market participants who are willing and or able to transact for these securities. Given conditions in the debt markets today and the absence of observable transactions in the secondary and new issue markets, we determined: • The few observable transactions and market quotations that are available are not reliable for purposes of determining fair value at December 31, 2019; • An income valuation approach technique (present value technique) that maximizes the use of relevant observable inputs and minimizes the use of unobservable inputs will be equally or more representative of fair value than the market approach valuation technique used at prior measurement dates; and • PreTSLs will be classified within Level 3 of the fair value hierarchy because significant adjustments are required to determine fair value at the measurement date. The Bank used an independent third party to value this security using a discounted cash flow analysis. Based on management’s review of the bond’s single underlying issuer, there are no expected credit losses or prepayments; cashflows used were contractual based on the Bloomberg YA screen. The assumed cashflows have been discounted using and estimated market discount rate based on the 30-year swap rate. The 30-year is used as the reference rate since it is indicative of market expectation for short-term rates in the future. This is consistent with the 30-year nature of PreTSL securities, which are priced using the 3-month LIBOR as a reference rate. The discount rate of 5.33% includes the risk-free rate, a credit component and a spread for illiquidity. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of QNB’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between QNB’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of each major classification of financial instrument and non-financial asset at December 31, 2019 and 2018: Cash and cash equivalents, accrued interest receivable and accrued interest payable (carried at cost): The carrying amounts reported in the balance sheet approximate those assets’ fair value. Investment securities: trading (carried at fair value), held-to-maturity (carried at amortized cost), available-for-sale (carried at fair value) and equity investments with readily determinable fair values (carried at fair value): The fair value of securities are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. Level 2 debt securities are valued by a third-party pricing service commonly used in the banking industry. Level 2 fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution date, market consensus prepayment speeds, credit information and the security’s terms and conditions, among other things. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support on certain Level 3 investments. Cash flow models using a present value formula that includes assumptions market participants would use along with indicative exit pricing obtained from broker/dealers (where available) were used to support fair values of certain Level 3 investments. Restricted investment in stocks (carried at cost): The fair value of stock in Atlantic Community Bankers Bank and the Federal Home Loan Bank and VISA Class B is the carrying amount, based on redemption provisions, and considers the limited marketability of such securities. Loans Held for Sale (carried at lower of cost or fair value): The fair value of loans held for sale is determined, when possible, using quoted secondary market prices. If no such quoted prices exist, the fair value of a loan is determined using quoted prices for a similar loan or loans, adjusted for the specific attributes of that loan. Loans Receivable (carried at cost): The fair values of loans are estimated using discounted cash flow analyses, using market rates at the balance sheet date that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Impaired Loans (generally carried at fair value): Impaired loans are loans in which the Company has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. None of the impaired loans at December 31, 2019 or 2018, respectively, that had specific reserves required were partially charged-off at year end. Mortgage Servicing Rights (carried at lower of cost or fair value): The fair value of mortgage servicing rights is based on a valuation model that calculates the present value of estimated net servicing income. The mortgage servicing rights are stratified into tranches based on predominant characteristics, such as interest rate, loan type and investor type. The valuation incorporates assumptions that market participants would use in estimating future net servicing income. Deposit liabilities (carried at cost): The fair value of deposits with no stated maturity (e.g. demand deposits, interest-bearing demand accounts, money market accounts and savings accounts) are by definition, equal to the amount payable on demand at the reporting date (i.e. their carrying amounts). This approach to estimating fair value excludes the significant benefit that results from the low-cost funding provided by such deposit liabilities, as compared to alternative sources of funding. Deposits with a stated maturity (time deposits) have been valued using the present value of cash flows discounted at rates approximating the current market for similar deposits. Short-term borrowings (carried at cost): The carrying amount of short-term borrowings approximates their fair values. Off-balance-sheet instruments (disclosed at cost): The fair value for the Bank’s off-balance sheet instruments (lending commitments and letters of credit) are based on fees currently charged in the market to enter into similar agreements, taking into account, the remaining terms of the agreements and the counterparties’ credit standing. Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sales transaction on the dates indicated. The estimated fair value amounts have been measured as of the respective period ends and have not been re-evaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each year end. The estimated fair values and carrying amounts of the Company’s financial and off-balance sheet instruments are summarized as follows: Fair value measurements December 31, 2019 Carrying amount Fai r Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 17,608 $ 17,608 $ 17,608 $ — $ — Investment securities: Available-for-sale 349,710 349,710 — 349,631 79 Equity 9,164 9,164 9,164 — — Restricted investment in bank stocks 1,073 1,073 — 1,073 — Loans held for sale 977 997 — 997 — Net loans 810,729 825,295 — — 825,295 Mortgage servicing rights 441 551 — — 551 Accrued interest receivable 2,828 2,828 — 2,828 — Financial liabilities Deposits with no stated maturities $ 802,284 $ 802,284 $ 802,284 $ — $ — Deposits with stated maturities 235,576 235,557 — 235,557 — Short-term borrowings 55,931 55,931 55,931 — — Accrued interest payable 909 909 — 909 — Off-balance sheet instruments Commitments to extend credit $ — $ — $ — $ — $ — Standby letters of credit — 47 — 47 — Fair value measurements December 31, 2018 Carrying amount Fai r Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 13,458 $ 13,458 $ 13,458 $ — $ — Investment securities: Available-for-sale 344,221 344,221 — 344,105 116 Equities 9,421 9,421 9,421 — — Restricted investment in bank stocks 797 797 — 797 — Net loans 776,614 771,685 — — 771,685 Mortgage servicing rights 451 604 — — 604 Accrued interest receivable 2,852 2,852 — 2,852 — Financial liabilities Deposits with no stated maturities $ 791,810 $ 791,810 $ 791,810 $ — $ — Deposits with stated maturities 223,788 220,876 — 220,876 — Short-term borrowings 50,872 50,872 50,872 — — Accrued interest payable 449 449 — 449 — Off-balance sheet instruments Commitments to extend credit $ — $ — $ — $ — $ — Standby letters of credit — 31 — 31 —

Note 18 - Revenue Recognition f

Note 18 - Revenue Recognition from Contracts with Customers	12 Months Ended
	Dec. 31, 2019
Revenue From Contract With Customer [Abstract]
Revenue Recognition from Contracts with Customers	Note 18 - Revenue Recognition from Contracts with Customer The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. Because performance obligations are satisfied as services are rendered and the transaction prices are fixed, there is little judgment involved in applying Topic 606 that significantly affects the determination of the amount and timing of revenue from contracts with customers. The main types of revenue contracts included in non-interest income within the consolidated statements of operations are as follows: • Fees for services to customers—fees include service charges on deposits which are included as liabilities in the consolidated statement of financial position and consist of transaction-based fees, stop payment fees, Automated Clearing House (ACH) fees, account maintenance fees, and overdraft services fees for various retail and business checking customers. These fees are charged as earned on the day of the transaction or within the month of the service, with the exception of Enhanced Account Analysis Fees, which are calculated on the previous month’s activity and assessed on the following month. The Enhanced Account Analysis Fees are currently being accrued; the revenue is currently being recorded in the month it is earned. Service charges on deposits are withdrawn directly from the customer’s account balance. • ATM and debit card – fees are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer’s request. • Retail brokerage and advisory—fee income and related expenses are accrued monthly to properly record the revenues in the month they are earned. Advisory fees are collected in advance on a quarterly basis. These advisory fees are recorded in the first month of the quarter for which the service is being performed. Fees that are transaction based are recognized at the point in time that the transaction is executed (i.e. trade date). • Merchant – QNB earns interchange fees from credit/debit cardholder transactions conducted through VISA/MasterCard payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized monthly, concurrently with the transaction processing services provided to the cardholder within the month. • Other—includes credit card fees, sales of checks to depositors, miscellaneous fees and gain/losses on sale of OREO. • Credit card fees are recognized monthly, concurrently with the transaction processing services provided to the cardholder within the month. • Sales of checks to depositors are commissions earned from a third-party who provides checks to QNB’s customers. There is a pre-paid incentive with the third party which is recognized over the term of the contract. Other commissions on the sales of checks are recorded weekly. • Miscellaneous fees, such as wire, cashier check and garnishment fees, are charged as earned on the day of the transaction. • Gain (loss) on sales of OREO – QNB records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the QNB finances the sale of OREO to the buyer, QNB assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, QNB adjusts the transaction prices and related gain (loss) on sale if a significant financing component is present.

Note 19 - Parent Company Financ

Note 19 - Parent Company Financial Information	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Parent Company Financial Information	Note 19 - Parent Company Financial Information Condensed financial statements of QNB Corp. only: Balance Sheets December 31, 2019 2018 Assets Cash and cash equivalents $ 3,616 $ 72 Investment equity securities 9,164 9,421 Investment in subsidiary 108,694 94,477 Other assets 27 379 Total assets $ 121,501 $ 104,349 Liabilities Other liabilities $ 784 $ 1 Shareholders' equity 120,717 104,348 Total liabilities and shareholders' equity $ 121,501 $ 104,349 Statements of Income Year ended December 31, 2019 2018 2017 Dividends from subsidiary $ 3,820 $ 4,027 $ 3,382 Interest, dividend and other income 292 266 183 Securities gains (losses) 1,781 (79 ) 1,477 Net unrealized gain (loss) on investment equity securities 770 (336 ) — Total income 6,663 3,878 5,042 Expenses 420 513 301 Income before applicable income taxes and equity in undistributed income of subsidiary 6,243 3,365 4,741 Provision (benefit) for income taxes 714 (256 ) 554 Income before equity in undistributed income of subsidiary 5,529 3,621 4,187 Equity in undistributed income of subsidiary 6,828 7,714 4,102 Net income $ 12,357 $ 11,335 $ 8,289 Statements of Comprehensive Income (in thousands) Year ended December 31, 2019 2018 2017 Before tax amount Tax expense (benefit) Net of tax amount Before tax amount Tax expense (benefit) Net of tax amount Before tax amount Tax expense (benefit) Net of tax amount Net income $ 15,207 $ 2,850 $ 12,357 $ 12,892 $ 1,557 $ 11,335 $ 14,189 $ 5,900 $ 8,289 Other comprehensive income gain (loss): Net unrealized holding gains (losses) on securities: Unrealized holding gains (losses) arising during the period 9,327 1,959 7,368 (3,156 ) (663 ) (2,493 ) 1,002 341 661 Reclassification adjustment for losses (gains) included in net income 26 5 21 (3 ) (1 ) (2 ) (1,500 ) (510 ) (990 ) 9,353 1,964 7,389 (3,159 ) (664 ) (2,495 ) (498 ) (169 ) (329 ) Total comprehensive income $ 24,560 $ 4,814 $ 19,746 $ 9,733 $ 893 $ 8,840 $ 13,691 $ 5,731 $ 7,960 Statements of Cash Flows Year ended December 31, 2019 2018 2017 Operating Activities Net income $ 12,357 $ 11,335 $ 8,289 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income from subsidiary (6,828 ) (7,714 ) (4,102 ) Net securities (gains) losses (1,781 ) 79 (1,477 ) Net unrealized (gain) loss on investment equity securities (770 ) 336 — Stock-based compensation expense 118 117 102 Accretion of discounts on investment securities (45 ) — — Increase (decrease) in other liabilities 762 (403 ) 335 Decrease (increase) in other assets 126 (147 ) (3 ) Deferred income tax provision (benefit) 247 (158 ) 98 Net cash provided by operating activities 4,186 3,445 3,242 Investing activities Purchase of investment equity securities (9,030 ) (9,763 ) (9,998 ) Purchase of investment securities available-for-sale (8,730 ) — — Proceeds from sale of investment equity securities 11,838 4,902 14,422 Proceeds from sale of investment securities available-for-sale 8,775 — — Net cash provided (used) by investing activities 2,853 (4,861 ) 4,424 Financing activities Cash dividend paid (4,086 ) (3,863 ) (3,731 ) Proceeds from issuance of common stock 591 684 672 Net cash used by financing activities (3,495 ) (3,179 ) (3,059 ) Increase (decrease) cash and cash equivalents 3,544 (4,595 ) 4,607 Cash and cash equivalents at beginning of year 72 4,667 60 Cash and cash equivalents at end of year $ 3,616 $ 72 $ 4,667

Note 20 - Regulatory Restrictio

Note 20 - Regulatory Restrictions	12 Months Ended
	Dec. 31, 2019
Banking And Thrift [Abstract]
Regulatory Restrictions	Note 20 - Regulatory Restrictions Dividends payable by the Company and the Bank are subject to various limitations imposed by statutes, regulations and policies adopted by bank regulatory agencies. Under Pennsylvania and Federal banking law, the Bank is subject to certain restrictions on the amount of dividends that it may declare without prior regulatory approval. Under Federal Reserve regulations, the Bank is limited as to the amount it may lend affiliates, including the Company, unless such loans are collateralized by specific obligations. Both the Company and the Bank are subject to regulatory capital requirements administered by Federal bank regulatory agencies. Failure to meet minimum capital requirements can initiate actions by regulators that could have an effect on the financial statements. Under the framework for prompt corrective action, both the Company and the Bank must meet capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items. The final rules implementing the Basel Committee on Banking Supervision’s capital guidelines for U.S. banks (“Basel III”) became effective for QNB on January 1, 2015, and compliance was fully phased-in on January 1, 2019. On May 24, 2018, the Economic Growth, Regulatory Relief, and Consumer Protection Act (the “Act”), was enacted into law. Section 214 of the Act prescribes that the Federal banking agencies may only require depository institutions to apply a heightened risk-weight to exposures that are “high volatility commercial real estate” (“HVCRE”) if the exposures meet the definition of a HVCRE Acquisition, Development or Construction (“ADC”) loan as set forth in that section. The new definition applies to a narrower scope of exposures. The new definition of HVCRE ADC loan excludes loans made prior to January 1, 2015, amends the loan-to-value/capital contribution exemption, specifies the loan must primarily finance the property, has the purpose of providing financing to acquire, develop or improve such real property in income-producing property and is dependent upon future income or sales proceeds or refinancing of such property to repay the loan. Once the property sufficiently produces cashflows to support the debt service and expenses in accordance with the bank’s underwriting criteria for permanent financing, the loan meets the exemption as a HVCRE ADC loan. The new definition was applicable for QNB’s reporting of its Regulatory Capital Ratios for 2018 and had a positive impact of approximately five basis points to the ratios. The capital amounts and classification are also subject to qualitative judgments by the regulators. Management believes, as of December 31, 2019, that the Company and the Bank met capital adequacy requirements to which they were subject. The Bank is presently considered to be “well capitalized” under the regulatory framework. To be categorized as well capitalized, the Company and the Bank must maintain minimum ratios set forth in the table below. The Company and the Bank’s actual capital amounts and ratios are presented as follows: Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2019 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 130,412 13.82 % $ 75,498 8.00 % $ 94,373 10.00 % Bank 118,389 12.93 73,270 8.00 91,587 10.00 Tier I capital (to risk-weighted assets): Consolidated 120,452 12.76 56,624 6.00 56,624 6.00 Bank 108,429 11.84 54,952 6.00 73,270 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated 120,452 12.76 42,468 4.50 N/A N/A Bank 108,429 11.84 41,214 4.50 59,532 6.50 Tier I capital (to average assets): Consolidated 120,452 9.78 49,283 4.00 N/A N/A Bank 108,429 8.89 48,804 4.00 61,005 5.00 Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2018 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 120,379 13.21 % $ 72,910 8.00 % $ 91,137 10.00 % Bank 110,508 12.52 70,619 8.00 88,273 10.00 Tier I capital (to risk-weighted assets): Consolidated 111,472 12.23 54,682 6.00 54,682 6.00 Bank 101,601 11.51 52,964 6.00 70,619 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated 111,472 12.23 41,012 4.50 N/A N/A Bank 101,601 11.51 39,723 4.50 57,378 6.50 Tier I capital (to average assets): Consolidated 111,472 9.40 47,458 4.00 N/A N/A Bank 101,601 8.64 47,045 4.00 58,807 5.00

Note 21 - Consolidated Quarterl

Note 21 - Consolidated Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	Note 21 - Consolidated Quarterly Financial Data (Unaudited) The unaudited quarterly results of operations for the years ended 2019 and 2018 are in the following table: Quarters Ended 2019 Quarters Ended 2018 March 31 June 30 Sept. 30 Dec. 31 March 31 June 30 Sept. 30 Dec. 31 Interest income $ 11,289 $ 11,712 $ 11,817 $ 11,600 $ 10,509 $ 10,562 $ 10,926 $ 11,203 Interest expense 2,453 2,601 2,635 2,435 1,718 1,862 2,222 2,383 Net interest income 8,836 9,111 9,182 9,165 8,791 8,700 8,704 8,820 Provision for (credit to) loan losses 225 150 550 375 188 187 568 187 Non-interest income 2,309 1,654 2,144 2,210 1,067 1,454 2,227 144 Non-interest expense 6,724 6,793 6,955 7,632 6,178 6,533 6,385 6,789 Income before income taxes 4,196 3,822 3,821 3,368 3,492 3,434 3,978 1,988 Provision for income taxes 817 679 731 623 557 572 767 (339 ) Net Income $ 3,379 $ 3,143 $ 3,090 $ 2,745 $ 2,935 $ 2,862 $ 3,211 $ 2,327 Earnings Per Share - basic * $ 0.97 $ 0.90 $ 0.88 $ 0.78 $ 0.85 $ 0.83 $ 0.93 $ 0.67 Earnings Per Share - diluted * $ 0.97 $ 0.90 $ 0.88 $ 0.78 $ 0.85 $ 0.82 $ 0.92 $ 0.67 * Due to rounding, quarterly earnings per share may not sum to annual earnings per share

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, the Bank. The consolidated entity is referred to herein as “QNB”. All significant inter-company accounts and transactions have been eliminated in the consolidated financial statements. Tabular information, other than share and per share data, is presented in thousands of dollars. Certain prior period amounts have been reclassified to conform with the current year’s presentation.
Use of Estimates	Use of Estimates These statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and predominant practices within the banking industry. The preparation of these consolidated financial statements requires QNB to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. QNB evaluates estimates on an on-going basis. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the determination of the valuation of other real estate owned, the fair value of financial instruments, other-than-temporary impairment of investment securities, the determination of impairment of restricted bank stock and the valuation of deferred tax assets and income taxes. QNB bases its estimates on historical experience and various other factors and assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
Significant Group Concentrations of Credit Risk	Significant Group Concentrations of Credit Risk Most of the Company’s activities are with customers located within Bucks, Montgomery and Lehigh Counties in southeastern Pennsylvania. Note 4 discusses the types of investment securities in which the Company invests. Note 5 discusses the types of lending in which the Company engages. The Company does not have any significant concentrations to any one industry or customer. Although the Company has a diversified loan portfolio, its debtors’ ability to honor their contracts is influenced by the region’s economy.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, cash and cash equivalents consist of cash on hand, cash items in process of collection, amounts due from banks, interest-bearing deposits in the Federal Reserve Bank and other banks and Federal funds sold. QNB maintains a portion of its interest-bearing deposits at various commercial financial institutions. At times, the balances exceed the FDIC insured limits.
Trading Securities and Investment Securities	Trading Securities The Company may engage in trading activities for its own account. Interest and dividends are included in interest income. Debt securities that are bought and held principally for the purpose of selling in the near term are classified as trading securities and reported at fair value, with unrealized gains and losses included in earnings. Investment Securities Investment debt securities that QNB has the positive intent and ability to hold to maturity are classified as held-to-maturity securities and reported at amortized cost. Interest is included in interest income. Debt securities not classified as either held-to-maturity securities or trading securities are classified as available-for-sale debt securities and reported at fair value, with unrealized gains and losses, net of tax, excluded from earnings and reported in other comprehensive income or loss, a separate component of shareholders’ equity. Management determines the appropriate classification of securities at the time of purchase. Available-for-sale debt securities include securities that management intends to use as part of its asset/liability management strategy and that may be sold in response to changes in credit ratings, changes in market interest rates and related changes in the securities’ prepayment risk or to meet liquidity needs. Premiums and discounts on debt securities are recognized in interest income using a constant yield method. Gains and losses on sales of available-for-sale securities are recorded on the trade date and are computed on the specific identification method and included in non-interest income. Equity investments with readily determinable fair values are measured at fair value. Beginning January 1, 2018, the changes in fair value are recognized in net income. Dividends are included in interest income.
Other-than-Temporary Impairment of Investment Securities	Other-than-Temporary Impairment of Investment Securities Securities are evaluated periodically to determine whether a decline in their value is other-than-temporary. Management utilizes criteria such as the magnitude and duration of the decline, in addition to the reasons underlying the decline, to determine whether the loss in value is other-than-temporary. The term “other-than-temporary” is not intended to indicate that the decline is permanent, but indicates that the prospects for a near-term recovery of value is not necessarily favorable, or that there is a lack of evidence to support realizable value equal to or greater than carrying value of the investment. For equity securities without a readily determinable market value, once a decline in value is determined to be other-than-temporary, the value of the equity security is reduced to fair value and a corresponding charge to earnings is recognized. Temporary improvements in the fair value on equity securities with an OTTI change would not be recognized. The Company follows the accounting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 320-10 as it relates to the recognition and presentation of other-than-temporary impairment (“OTTI”). This accounting guidance specifies that (a) if a company does not have the intent to sell a debt security prior to recovery and (b) it is more likely than not that it will not have to sell the debt security prior to recovery, the security would not be considered other-than-temporarily impaired unless there is a credit loss. When an entity does not intend to sell the security, and it is more likely than not the entity will not have to sell the security before recovery of its cost basis, it will recognize the credit component of an other-than-temporary impairment of a debt security in earnings and the remaining portion in other comprehensive income. For held to maturity debt securities, the amount of an other-than-temporary impairment recorded in other comprehensive income for the non-credit portion of a previous other-than-temporary impairment would be amortized prospectively over the remaining life of the security based on the timing of future estimated cash flows of the security.
Restricted Investment in Stock	Restricted Investment in Stock Restricted bank stock is comprised of restricted stock of the Federal Home Loan Bank of Pittsburgh (“FHLB”) in the amount of $1,061,000, the Atlantic Community Bankers Bank in the amount of $12,000 and VISA Class B stock with a carrying cost of $0 at December 31, 2019. Federal law requires a member institution of the FHLB to hold stock of its district bank according to a predetermined formula. These restricted securities are carried at cost. The Bank owns 6,502 shares of Visa Class B stock, which was necessary to participate in Visa services in support of the Bank’s credit card, debit card, and related payment programs (permissible activities under banking regulations) as a member institution. Following the resolution of Visa’s covered litigation, shares of Visa’s Class B stock will be converted to Visa Class A shares using a conversion factor (1.6298 as of December 31, 2019), which is periodically adjusted to reflect VISA’s ongoing litigation costs. There is a very limited market for this stock, as only current owners of Class B shares are permitted to transact in Class B. Due to the lack of orderly trades and public information of such trades, Visa Class B does not have a readily determinable fair value. These restricted investments are carried at cost and evaluated for OTTI periodically. As of December 31, 2019, there was no OTTI associated with these shares.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are stated at the principal amount outstanding, net of deferred loan fees and costs. Interest income is accrued on the principal amount outstanding. Loan origination and commitment fees and related direct costs are deferred and amortized to income over the term of the respective loan and loan commitment period as a yield adjustment. Loans held-for-sale consist of residential mortgage loans and are carried at the lower of aggregate cost or fair value. Net unrealized losses, if any, are recognized through a valuation allowance charged to income. Gains and losses on residential mortgages held-for-sale are included in non-interest income.
Non-Performing Assets	Non-Performing Assets Non-performing assets are comprised of accruing loans past due 90 days or more, non-accrual loans and investment securities, restructured loans, other real estate owned and repossessed assets. Non-accrual loans and investment securities are those on which the accrual of interest has ceased. Loans are placed on non-accrual status immediately if, in the opinion of management, collection is doubtful, or when principal or interest is past due 90 days or more and collateral is insufficient to cover principal and interest. Interest accrued, but not collected at the date a loan is placed on non-accrual status, is reversed and charged against interest income. Subsequent cash receipts are applied either to the outstanding principal or recorded as interest income, depending on management’s assessment of the ultimate collectability of principal and interest. Loans are returned to an accrual status when the borrower’s ability to make periodic principal and interest payments has returned to normal (i.e. brought current with respect to principal or interest or restructured) and the paying capacity of the borrower and/or the underlying collateral is deemed sufficient to cover principal and interest. From time to time, QNB may extend, restructure, or otherwise modify the terms of existing loans, on a case-by-case basis, to remain competitive and retain certain customers, as well as assist other customers that may be experiencing financial difficulties. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions may include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates to less than the current market rate for new obligations with similar risk. Loans classified as TDRs are considered non-performing and are also designated as impaired. Accounting for impairment in the performance of a loan is required when it is probable that all amounts, including both principal and interest, will not be collected in accordance with the loan agreement. Impaired loans are measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, at the loan’s observable market price or the fair value of the collateral if the loans are collateral dependent. Impairment criteria are applied to the loan portfolio exclusive of smaller homogeneous loans such as residential mortgage and consumer loans which are evaluated collectively for impairment. Loans are fully charged-off or charged down to net realizable value (fair value of collateral less estimated costs to sell) when deemed uncollectible due to bankruptcy or other factors, or when they reach a defined number of days past due based on loan product, industry practice, terms and other factors. Loans are considered past due when contractually required principal or interest payments have not been made on the due dates.
Allowance for Loan Losses	Allowance for Loan Losses QNB maintains an allowance for loan losses, which is intended to absorb probable known and inherent losses in the outstanding loan portfolio. The allowance is reduced by actual credit losses and is increased by the provision for loan losses and recoveries of previous losses. The provisions for loan losses are charged to earnings to bring the total allowance for loan losses to a level considered necessary by management. The allowance for loan losses is based on management’s continuing review and evaluation of the loan portfolio. The level of the allowance is determined by assigning specific reserves to individually identified problem credits and general reserves to all other loans. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. The portion of the allowance that is allocated to internally criticized and non-accrual loans is determined by estimating the inherent loss on each credit after giving consideration to the value of underlying collateral. The general component covers pools of loans by loan class including commercial loans not considered impaired, as well as smaller balance homogeneous loans, such as residential real estate, home equity and other consumer loans. These pools of loans are evaluated for loss exposure based upon historical loss rates. These loss rates are based on a three-year history of charge-offs and are more heavily weighted for recent experience for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: • Lending policies and procedures, including underwriting standards and collection, charge-off and recovery practices. • External factor effects, such as legal and regulatory requirements. • National, regional, and local economic and business conditions as well as the condition of various market segments, including the value of underlying collateral for collateral dependent loans. • Nature and volume of the portfolio including growth. • Experience, ability, and depth of lending management and staff. • Volume and severity of past due, classified and nonaccrual loans. • Quality of the Company’s loan review system, and the degree of oversight by the Company’s Board of Directors. • Existence and effect of any concentrations of credit and changes in the level of such concentrations. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Management emphasizes loan quality and close monitoring of potential problem credits. Credit risk identification and review processes are utilized in order to assess and monitor the degree of risk in the loan portfolio. QNB’s lending and credit administration staff are charged with reviewing the loan portfolio and identifying changes in the economy or in a borrower’s circumstances which may affect the ability to repay debt or the value of pledged collateral. A loan classification and review system exists that identifies those loans with a higher than normal risk of collection. Each commercial loan is assigned a grade based upon an assessment of the borrower’s financial capacity to service the debt and the presence and value of collateral for the loan. An independent loan review group tests risk assessments and evaluates the adequacy of the allowance for loan losses. Management meets monthly to review the credit quality of the loan portfolio and quarterly to review the allowance for loan losses. In addition, various regulatory agencies, as an integral part of their examination process, periodically review QNB’s allowance for loan losses. Such agencies may require QNB to recognize additions to the allowance based on their judgments using information available to them at the time of their examination. Management believes that it uses the best information available to make determinations about the adequacy of the allowance and that it has established its existing allowance for loan losses in accordance with GAAP. If circumstances differ substantially from the assumptions used in making determinations, future adjustments to the allowance for loan losses may be necessary and results of operations could be affected. Because future events affecting borrowers and collateral cannot be predicted with certainty, there can be no assurance that increases to the allowance will not be necessary should the quality of any loans deteriorate as a result of the factors discussed above.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Servicing Assets	Servicing Assets Servicing assets are recognized as separate assets when rights are acquired through the sale of financial assets. When mortgage loans are sold, a portion of the cost of originating the loan is allocated to the servicing rights based on relative fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The Company subsequently measures servicing rights using the amortization method where servicing rights are amortized in proportion to and over the period of estimated net servicing income. On a quarterly basis, an independent third party determines the fair value of QNB’s servicing assets. These assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights into tranches based on predominant characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual tranche, to the extent that fair value is less than the capitalized amount for the tranches. If the Company later determines that all or a portion of the impairment no longer exists for a particular tranche, a reduction of the valuation allowance may be recorded as an increase to income. Capitalized servicing rights are reported in other assets and are amortized into other non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal, or a fixed amount per loan and are recorded as other non-interest income when earned and netted against the amortization of mortgage servicing rights.
Foreclosed Assets	Foreclosed Assets Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net expenses from foreclosed assets. At both December 31, 2019 and 2018, the Company had no foreclosed assets.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization are calculated principally on an accelerated or straight-line basis over the estimated useful lives of the assets, or the shorter of the estimated useful life or lease term for leasehold improvements, as follows: Buildings 10 to 39 years Furniture and equipment 3 to 15 years Leasehold improvements 5 to 30 years Expenditures for maintenance and repairs are charged to operations as incurred. Gains or losses upon disposition are reflected in earnings as realized. The “Premises and equipment, net” category Consolidated Balance Sheets also includes the right-of-use assets associated with operating leases. The discount rates used in determining the initial value of the right of use assets are based on the FHLB Amortizing Fixed Loan Rate for the term of each lease. QNB typically enters into lease agreements with an initial term of 5 to 10 years and subsequent additional optional terms in increments of 5 years. The lease agreements also contain termination options. None of the leases contain purchase options and none transfer the ownership of the leased asset. QNB has renewed one operating lease and entered into two new operating leases during 2019. Operating lease liabilities are included with “Other liabilities” on the Consolidated Balance Sheets. All operating lease costs are included in non-interest expense within “Net occupancy” on the Consolidated Statements of Income.
Bank-Owned Life Insurance	Bank-Owned Life Insurance The Bank invests in bank-owned life insurance (“BOLI”) as a source of funding for employee benefit expenses. BOLI involves the purchasing of life insurance by the Bank on a select group of employees. The Bank is the owner and beneficiary of the policies. Income from the increase in cash surrender value of the policies as well as the receipt of death benefits is included in non-interest income on the consolidated statement of income. The BOLI policies are an asset that can be liquidated, if necessary, with associated tax costs. However, QNB intends to hold these policies and, accordingly, has not provided for deferred income taxes on the earnings from the increase in cash surrender value. The Company follows the accounting guidance for postretirement benefit aspects of endorsement split-dollar life insurance arrangements which applies to life insurance arrangements that provide an employee with a specified benefit that is not limited to the employee’s active service period, including certain bank-owned life insurance policies. It requires an employer to recognize a liability and related compensation costs for future benefits that extend to postretirement periods. The expense recorded during 2019, 2018 and 2017 was approximately $59,000, $53,000 and $23,000, respectively, and is included in non-interest expense under salaries and benefits expense. The decrease in 2017 is related to a death claim, reducing the post-retirement liability.
Stock-Based Compensation	Stock-Based Compensation At December 31, 2019, QNB sponsored stock-based compensation plans, administered by a Board committee, under which both qualified and non-qualified stock options may be granted periodically to certain employees. QNB accounts for all awards granted under stock-based compensation plans in accordance with FASB ASC 718, Compensation - Stock Compensation Stock-based compensation expense was approximately $118,000, $117,000 and $102,000 for the years ended December 31, 2019, 2018 and 2017, respectively. There were $7,000, $10,000 and $19,000 in tax benefits recognized related to the nonqualified compensation and disqualifying dispositions for the years ended December 31, 2019, 2018 and 2017, respectively. The fair value of each option is amortized into compensation expense on a straight-line basis between the grant date for the option and each vesting date. QNB estimated the fair value of stock options on the date of the grant using the Black-Scholes option pricing model. The model requires the use of numerous assumptions, many of which are highly subjective in nature. The following assumptions were used in the option pricing model in determining the fair value of options granted during the periods presented. Year ended December 31, 2019 2018 2017 Risk free interest rate 2.52 % 2.15 % 1.48 % Dividend yield 3.36 % 1.24 % 3.19 % Volatility 16.44 % 18.12 % 17.90 % Expected life (years) 4.2 4.2 4.2 The weighted average fair value per share of options granted during 2019, 2018 and 2017 was $3.96, $5.29 and $3.88, respectively. The risk-free interest rate was selected based upon yields of U.S. Treasury issues with a term equal to the expected life of the option being valued. Historical information was the primary basis for the selection of the expected dividend yield, expected volatility and expected lives of the options.
Income Taxes	Income Taxes QNB accounts for income taxes under the asset/liability method in accordance with income tax accounting guidance, ASC 740 - Income Taxes In connection with the accounting guidance related to accounting for uncertainty in income taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions, QNB has evaluated its tax positions as of December 31, 2019. A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that has more than a 50 percent likelihood of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. Under the “more-likely-than-not” threshold guidelines, QNB believes no significant uncertain tax positions exist, either individually or in the aggregate, that would give rise to the non-recognition of an existing tax benefit. As of December 31, 2019, QNB had no material unrecognized tax benefits or accrued interest and $2,000 in tax penalties. QNB’s policy is to account for interest as a component of interest expense and penalties as a component of other expense. The Company and its subsidiary are subject to U.S. Federal income tax as well as income tax of the Commonwealth of Pennsylvania and the State of New Jersey. Tax years from 2016 to date remain subject to examination by the tax authorities.
Treasury Stock	Treasury Stock Common stock shares repurchased are recorded as treasury stock at cost.
Earnings Per Share	Earnings Per Share Basic earnings per share excludes any dilutive effects of options and is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share gives effect to all dilutive potential common shares that were outstanding during the period. Potential common shares that may be issued by the Company relate solely to outstanding stock options and are determined using the treasury stock method. Treasury shares are not deemed outstanding for earnings per share calculations.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) is defined as the change in equity of a business entity during a period due to transactions and other events and circumstances, excluding those resulting from investments by and distributions to owners. Comprehensive income (loss) consists of net income and other comprehensive income (loss). For QNB, the primary component of other comprehensive income (loss) is the unrealized holding gains or losses on available-for-sale investment securities and unrealized losses on available-for-sale investment securities related to factors other than credit on debt securities.
Advertising Costs	Advertising Costs Advertising costs are recorded in the period they are incurred within operating expenses in non-interest expense in the consolidated statements of income.
Financial Instruments with Off-Balance-Sheet Risk	Financial Instruments with Off-Balance-Sheet Risk The Company’s exposure to credit loss in the event of non-performance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual notional amount of these instruments. The Company uses the same credit policies in making commitments and contractual obligations as it does for on-balance-sheet instruments. The Company reflects its estimate of credit risk for these instruments in other liabilities on the consolidated balance sheet with the corresponding expense recorded in other operating expenses in the consolidated statement of income.
Subsequent Events	Subsequent Events QNB has evaluated events and transactions occurring subsequent to the balance sheet date of December 31, 2019 through the date the consolidated financial statements are being issued for items that should potentially be recognized or disclosed in these consolidated financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On June 16, 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326) To that end, the new guidance: • Eliminates the probable initial recognition threshold in current U.S. GAAP and, instead, reflects an organization’s current estimate of all expected credit losses over the contractual term of its financial assets • Broadens the information an entity can consider when measuring credit losses to include forward-looking information • Increases usefulness of the financial statements by requiring timely inclusion of forecasted information in forming expectations of credit losses • Increases comparability of purchased financial assets with credit deterioration (PCD assets) with other purchased assets that do not have credit deterioration as well as originated assets because credit losses that are expected will be recorded through an allowance for credit losses for all assets • Increases users’ understanding of underwriting standards and credit quality trends by requiring additional information about credit quality indicators by year of origination (vintage) • For available-for-sale debt securities, aligns the income statement recognition of credit losses with the reporting period in which changes occur by recording credit losses (and subsequent changes in credit losses) through an allowance rather than a write down The new guidance affects organizations that hold financial assets and net investments in leases that are not accounted for at fair value with changes in fair value reported in net income. The new guidance affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. On October 16, 2019, FASB adopted its August 15, 2019 proposal to delay the effective dates for certain smaller reporting companies for the implementation CECL. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, except for smaller reporting companies, whose effective date is effective for fiscal years , and interim periods with those fiscal years, beginning after December 15, 2022. Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. QNB continues to evaluate the impact of this new standard on its consolidated financial statements and currently anticipates a material change to its allowance for loan losses . On August 28, 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement. This ASU changes the fair value measurement disclosure requirements of ASC 820. The amendments in this ASU are the result of a broader disclosure project called FASB Concepts Statement, Conceptual Framework for Financial Reporting — Chapter 8: Notes to Financial Statements, which the FASB finalized on August 28, 2018. The FASB used the guidance in the Concepts Statement to improve the effectiveness of ASC 820’s disclosure requirements. New disclosure requirements include: 1) Changes in unrealized gains or losses included in other comprehensive income (OCI) for recurring Level 3 fair value measurements held at the end of the reporting period; and 2) Explicit requirement to disclose the range and weighted average used to develop significant unobservable inputs for Level 3 fair value measurements. Disclosures eliminated include: 1) Amount of and reasons for transfers between Level 1 and Level 2; 2) Valuation processes for Level 3 fair value measurements; and 3) Policy for timing of transfers between levels of the fair value hierarchy. The ASU is effective for all entities for fiscal years beginning after December 15, 2019, including interim periods therein. Early adoption is permitted for any eliminated or modified disclosures upon issuance of this ASU.

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Estimated Useful Lives of Assets	Depreciation and amortization are calculated principally on an accelerated or straight-line basis over the estimated useful lives of the assets, or the shorter of the estimated useful life or lease term for leasehold improvements, as follows: Buildings 10 to 39 years Furniture and equipment 3 to 15 years Leasehold improvements 5 to 30 years
Assumptions Used in Option Pricing Model	Year ended December 31, 2019 2018 2017 Risk free interest rate 2.52 % 2.15 % 1.48 % Dividend yield 3.36 % 1.24 % 3.19 % Volatility 16.44 % 18.12 % 17.90 % Expected life (years) 4.2 4.2 4.2

Note 2 - Earnings Per Share a_2

Note 2 - Earnings Per Share and Share Repurchase Plan (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share: Year ended December 31, 2019 2018 2017 Numerator for basic and diluted earnings per share - net income $ 12,357 $ 11,335 $ 8,289 Denominator for basic earnings per share - weighted average shares outstanding 3,498,326 3,463,450 3,428,970 Effect of dilutive securities - employee stock options 5,824 19,059 16,841 Denominator for diluted earnings per share - adjusted weighted average shares outstanding 3,504,150 3,482,509 3,445,811 Earnings per share - basic $ 3.53 $ 3.27 $ 2.42 Earnings per share - diluted $ 3.53 $ 3.25 $ 2.41

Note 4 - Investment Securities

Note 4 - Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]
Debt Securities Available-for-sale	The amortized cost and fair values of investment debt securities available-for-sale at December 31, 2019 and 2018 were as follows: Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2019 value gains losses cost U.S. Government agency $ 69,298 $ 8 $ (213 ) $ 69,503 State and municipal 50,781 860 (19 ) 49,940 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 134,829 371 (504 ) 134,962 Collateralized mortgage obligations (CMOs) 86,610 260 (535 ) 86,885 Pooled trust preferred 79 — (6 ) 85 Corporate debt 8,113 103 — 8,010 Total investment securities available-for-sale $ 349,710 $ 1,602 $ (1,277 ) $ 349,385 Gross Gross unrealized unrealized Fair holding holding Amortized December 31, 2018 value gains losses cost U.S. Government agency $ 68,409 $ — $ (2,072 ) $ 70,481 State and municipal 66,313 195 (464 ) 66,582 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 125,913 79 (4,251 ) 130,085 Collateralized mortgage obligations (CMOs) 75,491 87 (2,549 ) 77,953 Pooled trust preferred 116 — (6 ) 122 Corporate debt 7,979 33 (80 ) 8,026 Total investment securities available-for-sale $ 344,221 $ 394 $ (9,422 ) $ 353,249
Investment Securities by Contractual Maturity	The amortized cost and fair value of debt securities available-for-sale by contractual maturity at December 31, 2019 are shown in the following table. Amortized December 31, 2019 Fair value cost Due in one year or less $ 10,740 $ 10,743 Due after one year through five years 243,551 243,968 Due after five years through ten years 73,046 72,787 Due after ten years 22,373 21,887 Total investment securities available-for-sale $ 349,710 $ 349,385
Realized Gain (Loss) on Investments	The following table presents information related to the Company’s gains and losses on the sales of debt securities, and losses recognized for the other-than-temporary impairment (“OTTI”) of these investments. December 31, 2019 2018 2017 Gross realized gains $ 169 $ 25 $ 581 Gross realized losses (195 ) (22 ) (558 ) Other-than-temporary impairment — — — Total net (losses) gains on AFS debt securities $ (26 ) $ 3 $ 23 The following table presents information related to the Company’s gains and losses on the sales of equity securities, and losses recognized for the OTTI of these investments during 2017: December 31, 2017 Gross realized gains $ 1,557 Gross realized losses — Other-than-temporary impairment (80 ) Total net gains on equity securities $ 1,477
Credit-related Other-than-temporary Impairment	The following table presents a summary of the cumulative credit-related other-than-temporary impairment charges recognized as components of earnings for debt securities still held by QNB: Year ended December 31, 2019 2018 2017 Balance, beginning of year $ 1 $ 1 $ 1,153 Reductions: sale, collateralized debt obligation — — (1,152 ) Additions: Initial credit impairments — — — Subsequent credit impairments — — — Balance, end of year $ 1 $ 1 $ 1
Debt Securities in a Continuous Unrealized Loss Position	Debt securities that have been in a continuous unrealized loss position are as follows: December 31, 2019 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 36 $ 28,857 $ (141 ) $ 20,427 $ (72 ) $ 49,284 $ (213 ) State and municipal 7 2,431 (14 ) 515 (5 ) 2,946 (19 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 66 28,482 (50 ) 52,398 (454 ) 80,880 (504 ) Collateralized mortgage obligations (CMOs) 64 24,412 (82 ) 27,625 (453 ) 52,037 (535 ) Pooled trust preferred 1 — — 79 (6 ) 79 (6 ) Corporate debt — — — — — — — Total 174 $ 84,182 $ (287 ) $ 101,044 $ (990 ) $ 185,226 $ (1,277 ) December 31, 2018 Less than 12 months 12 months or longer Total No. of Fair Unrealized Fair Unrealized Fair Unrealized securities value losses value losses value losses U.S. Government agency 51 $ — $ — $ 68,409 $ (2,072 ) $ 68,409 $ (2,072 ) State and municipal 81 21,657 (204 ) 10,558 (260 ) 32,215 (464 ) U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed 111 12,561 (91 ) 108,802 (4,160 ) 121,363 (4,251 ) Collateralized mortgage obligations (CMOs) 73 433 (1 ) 62,467 (2,548 ) 62,900 (2,549 ) Pooled trust preferred 1 — — 116 (6 ) 116 (6 ) Corporate debt 4 — — 3,947 (80 ) 3,947 (80 ) Total 321 $ 34,651 $ (296 ) $ 254,299 $ (9,126 ) $ 288,950 $ (9,422 )
Pooled Trust Preferred Securities	The following table provides additional information related to PreTSL IV as of December 31, 2019: Deal Class Book value Fair value Unrealized gains (losses) Realized OTTI credit loss (YTD 2019) Total recognized OTTI credit loss Moody's ratings Current number of performing banks Current number of performing insurance companies Actual deferrals and defaults as a % of total collateral Total performing collateral as a % of outstanding bonds PreTSL IV Mezzanine * $ 85 $ 79 $ (6 ) $ — $ (1 ) Ba1 3 — 0.0 % 228.3 % Mezzanine* - class of bonds still outstanding, represents the senior-most obligation of the trust)
Summary of Unrealized and Realized Gains and Losses Recognized in Net Income on Equity Securities	The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during 2019 and 2018: December 31, 2019 2018 Net gains (losses) recognized during the period on equity securities $ 2,551 $ (415 ) Less: Net gains (losses) recognized during the period on equity securities sold during the period 1,781 (79 ) Net unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date $ 770 $ (336 )

Note 5 - Loans Receivable and_2

Note 5 - Loans Receivable and the Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2019
Troubled Debt Restructuring [Member]
Allowance for Loan Losses	December 31, 2019 2018 Unpaid principal balance Related allowance Unpaid principal balance Related allowance TDRs with no specific allowance recorded $ 2,957 $ — $ 2,513 $ — TDRs with an allowance recorded 2,934 450 964 411 Total $ 5,891 $ 450 $ 3,477 $ 411
Retail and Commercial Loans [Member]
Major Classes of Loans	December 31, 2019 2018 Commercial: Commercial and industrial $ 168,031 $ 162,452 Construction 56,209 50,135 Secured by commercial real estate 336,050 308,590 Secured by residential real estate 72,443 68,581 State and political subdivisions 38,376 43,737 Retail: 1-4 family residential mortgages 69,469 67,453 Home equity loans and lines 73,311 77,475 Consumer 6,530 6,785 Total loans 820,419 785,208 Net unearned costs 197 240 Loans receivable $ 820,616 $ 785,448
Internal Risk Ratings and Payment Activity	December 31, 2019 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 158,247 $ 3,665 $ 6,119 $ — $ 168,031 Construction 56,209 — — — 56,209 Secured by commercial real estate 324,936 2,995 8,119 — 336,050 Secured by residential real estate 70,759 — 1,684 — 72,443 State and political subdivisions 38,376 — — — 38,376 Total $ 648,527 $ 6,660 $ 15,922 $ — $ 671,109 December 31, 2018 Pass Special mention Substandard Doubtful Total Commercial: Commercial and industrial $ 155,219 $ 82 $ 7,151 $ — $ 162,452 Construction 50,135 — — — 50,135 Secured by commercial real estate 297,713 1,259 9,618 — 308,590 Secured by residential real estate 66,838 173 1,570 — 68,581 State and political subdivisions 43,737 — — — 43,737 Total $ 613,642 $ 1,514 $ 18,339 $ — $ 633,495 December 31, 2019 Performing Non-performing Total Retail: 1-4 family residential mortgages $ 68,833 $ 636 $ 69,469 Home equity loans and lines 72,774 537 73,311 Consumer 6,391 139 6,530 Total $ 147,998 $ 1,312 $ 149,310 December 31, 2018 Performing Non-performing Total Retail: 1-4 family residential mortgages $ 66,513 $ 940 $ 67,453 Home equity loans and lines 77,309 166 77,475 Consumer 6,659 126 6,785 Total $ 150,481 $ 1,232 $ 151,713
Past Due Loans	December 31, 2019 30-59 past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ — $ 58 $ 2,006 $ 2,064 $ 165,967 $ 168,031 Construction — — — — 56,209 56,209 Secured by commercial real estate — — 1,527 1,527 334,523 336,050 Secured by residential real estate 208 79 142 429 72,014 72,443 State and political subdivisions — — — — 38,376 38,376 Retail: 1-4 family residential mortgages 1,486 573 432 2,491 66,978 69,469 Home equity loans and lines 271 23 55 349 72,962 73,311 Consumer 29 71 — 100 6,430 6,530 Total $ 1,994 $ 804 $ 4,162 $ 6,960 $ 813,459 $ 820,419 December 31, 2018 30-59 past due 60-89 days past due 90 days or more past due Total past due loans Current Total loans receivable Commercial: Commercial and industrial $ 94 $ 141 $ 1,372 $ 1,607 $ 160,845 $ 162,452 Construction — — — — 50,135 50,135 Secured by commercial real estate 305 1,029 638 1,972 306,618 308,590 Secured by residential real estate 24 352 291 667 67,914 68,581 State and political subdivisions — — — — 43,737 43,737 Retail: 1-4 family residential mortgages 544 245 476 1,265 66,188 67,453 Home equity loans and lines 82 205 61 348 77,127 77,475 Consumer 23 35 24 82 6,703 6,785 Total $ 1,072 $ 2,007 $ 2,862 $ 5,941 $ 779,267 $ 785,208
Non-accrual Loans	December 31, 2019 90 due (still accruing) Non-accrual Commercial: Commercial and industrial $ — $ 5,901 Construction — — Secured by commercial real estate — 3,640 Secured by residential real estate — 851 State and political subdivisions — — Retail: 1-4 family residential mortgages — 636 Home equity loans and lines — 537 Consumer — 139 Total $ — $ 11,704 December 31, 2018 90 due (still accruing) Non-accrual Commercial: Commercial and industrial $ — $ 3,179 Construction — — Secured by commercial real estate — 1,965 Secured by residential real estate — 1,102 State and political subdivisions — — Retail: 1-4 family residential mortgages — 940 Home equity loans and lines — 166 Consumer — 126 Total $ — $ 7,478
Allowance for Loan Losses	Activity in the allowance for loan losses for the years ended December 31, 2019, 2018 and 2017 are as follows: Year ended December 31, 2019 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 3,092 $ 1,771 $ (207 ) $ 33 $ 4,689 Construction 551 39 — — 590 Secured by commercial real estate 2,824 (315 ) — 10 2,519 Secured by residential real estate 754 (197 ) (51 ) 123 629 State and political subdivisions 153 (38 ) — — 115 Retail: 1-4 family residential mortgages 497 52 — — 549 Home equity loans and lines 338 (26 ) (17 ) 15 310 Consumer 164 219 (197 ) 44 230 Unallocated 461 (205 ) N/A N/A 256 Total $ 8,834 $ 1,300 $ (472 ) $ 225 $ 9,887 Year ended December 31, 2018 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 2,711 $ 341 $ — $ 40 $ 3,092 Construction 563 (12 ) — — 551 Secured by commercial real estate 2,410 391 — 23 2,824 Secured by residential real estate 816 (12 ) (77 ) 27 754 State and political subdivisions 114 39 — — 153 Retail: 1-4 family residential mortgages 444 54 (1 ) — 497 Home equity loans and lines 357 52 (84 ) 13 338 Consumer 57 185 (112 ) 34 164 Unallocated 369 92 N/A N/A 461 Total $ 7,841 $ 1,130 $ (274 ) $ 137 $ 8,834 Year ended December 31, 2017 Balance, beginning of period Provision for (credit to) loan losses Charge-offs Recoveries Balance, end of period Commercial: Commercial and industrial $ 1,459 $ 2,178 $ (960 ) $ 34 $ 2,711 Construction 449 114 — — 563 Secured by commercial real estate 2,646 (244 ) — 8 2,410 Secured by residential real estate 1,760 (959 ) (23 ) 38 816 State and political subdivisions 123 (9 ) — — 114 Retail: 1-4 family residential mortgages 366 78 — — 444 Home equity loans and lines 353 (6 ) — 10 357 Consumer 76 41 (92 ) 32 57 Unallocated 162 207 N/A N/A 369 Total $ 7,394 $ 1,400 $ (1,075 ) $ 122 $ 7,841
Loans by Loan Class Modified as TDRs	Year ended December 31, 2019 2018 Number contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Number contracts Pre- modification outstanding recorded investment Post- modification outstanding recorded investment Commercial: Commercial and industrial 1 $ 641 $ 126 — $ — $ — Secured by commercial real estate 3 $ 2,540 $ 2,528 1 $ 99 $ 99 Secured by residential real estate 3 — 534 1 39 29 Retail: Home equity loans and lines — — — 2 95 86 Total 7 $ 3,181 $ 3,188 4 $ 233 $ 214
Loans Disaggregated by Impairment Method	Allowance for Loan Losses Loans Receivable December 31, 2019 Balance Balance to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 4,689 $ 3,307 $ 1,382 $ 168,031 $ 6,027 $ 162,004 Construction 590 — 590 56,209 — 56,209 Secured by commercial real estate 2,519 217 2,302 336,050 7,172 328,878 Secured by residential real estate 629 31 598 72,443 2,082 70,361 State and political subdivisions 115 — 115 38,376 — 38,376 Retail: 1-4 family residential mortgages 549 — 549 69,469 955 68,514 Home equity loans and lines 310 — 310 73,311 555 72,756 Consumer 230 11 219 6,530 69 6,461 Unallocated 256 N/A N/A N/A N/A N/A Total $ 9,887 $ 3,566 $ 6,065 $ 820,419 $ 16,860 $ 803,559 Allowance for Loan Losses Loans Receivable December 31, 2018 Balance Balance to loans individually evaluated for impairment Balance related to loans collectively evaluated for impairment Balance Balance individually evaluated for impairment Balance collectively evaluated for impairment Commercial: Commercial and industrial $ 3,092 $ 1,461 $ 1,631 $ 162,452 $ 7,128 $ 155,324 Construction 551 — 551 50,135 - 50,135 Secured by commercial real estate 2,824 101 2,723 308,590 6,083 302,507 Secured by residential real estate 754 97 657 68,581 1,740 66,841 State and political subdivisions 153 — 153 43,737 — 43,737 Retail: 1-4 family residential mortgages 497 — 497 67,453 1,268 66,185 Home equity loans and lines 338 5 333 77,475 186 77,289 Consumer 164 — 164 6,785 77 6,708 Unallocated 461 N/A N/A N/A N/A N/A Total $ 8,834 $ 1,664 $ 6,709 $ 785,208 $ 16,482 $ 768,726
Impaired Loans	December 31, 2019 December 31, 2018 Recorded investment (after charge-offs) Unpaid principal balance Related allowance Recorded investment (after charge-offs) Unpaid principal balance Related allowance With no specific allowance recorded: Commercial: Commercial and industrial $ 901 $ 1,258 $ — $ 4,243 $ 4,525 $ — Construction — — — — — — Secured by commercial real estate 3,735 4,362 — 5,012 5,577 — Secured by residential real estate 1,936 2,110 — 1,023 1,140 — Retail: 1-4 family residential mortgages — — — 1,268 1,357 — Home equity loans and lines 955 1,010 — 140 190 — Consumer 555 612 — 77 84 — Total $ 8,082 $ 9,352 $ — $ 11,763 $ 12,873 $ — With an allowance recorded: Commercial: Commercial and industrial $ 5,126 $ 6,577 $ 3,307 $ 2,885 $ 4,128 $ 1,461 Construction — — — — — — Secured by commercial real estate 3,437 3,495 217 1,071 1,095 101 Secured by residential real estate 146 193 31 717 773 97 Retail: 1-4 family residential mortgages — — — — — — Home equity loans and lines — — — 46 46 5 Consumer 69 79 11 — — — Total $ 8,778 $ 10,344 $ 3,566 $ 4,719 $ 6,042 $ 1,664 Total: Commercial: Commercial and industrial $ 6,027 $ 7,835 $ 3,307 $ 7,128 $ 8,653 $ 1,461 Construction — — — — — — Secured by commercial real estate 7,172 7,857 217 6,083 6,672 101 Secured by residential real estate 2,082 2,303 31 1,740 1,913 97 Retail: 1-4 family residential mortgages — — — 1,268 1,357 — Home equity loans and lines 955 1,010 — 186 236 5 Consumer 624 691 11 77 84 — Total $ 16,860 $ 19,696 $ 3,566 $ 16,482 $ 18,915 $ 1,664 Year Ended December 31, 2019 2018 2017 Average recorded investment Interest income recognized Average recorded investment Interest income recognized Average recorded investment Interest income recognized Commercial: Commercial and industrial $ 4,603 $ 1 $ 6,064 $ 227 $ 5,301 $ 14 Construction — — — — 51 2 Secured by commercial real estate 4,682 94 4,908 189 5,744 145 Secured by residential real estate 1,713 40 1,800 23 2,252 23 State and political subdivisions — — — — — — Retail: 1-4 family residential mortgages 1,037 12 1,251 12 1,155 13 Home equity loans and lines 281 1 186 1 138 1 Consumer 73 — 81 — 97 — Total $ 12,389 $ 148 $ 14,290 $ 452 $ 14,738 $ 198

Note 6 - Premises and Equipme_2

Note 6 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property Plant And Equipment [Abstract]
Premises and Equipment	Premises and equipment, stated at cost less accumulated depreciation and amortization, are summarized below: December 31, 2019 2018 Land and buildings $ 12,260 $ 12,258 Furniture and equipment 15,699 14,618 Leasehold improvements 4,252 2,816 Right-of-use asset 3,821 — Book value 36,032 29,692 Accumulated depreciation and amortization (20,424 ) (19,774 ) Net book value $ 15,608 $ 9,918
Summary of Quantitative Attributes of Operating Leases	The following table summarized the quantitative attributes of QNB’s operating leases: Year ended December 31, 2019 Lease cost Operating lease cost $ 617 Total lease cost $ 617 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cashflows from operating leases $ 583 At implementatoin of new accounting guidance: Right-of-use assets recorded for finance lease liabilities $ 2,005 Right-of-use assets obtained in exchange for new operating lease liabilities $ 2,407 Weighted average remaining lease terms: Operating leases 15.6 years Weighted average discount rates: Operating leases 3.11 %

Note 7 - Intangible Assets an_2

Note 7 - Intangible Assets and Loan Servicing (Tables)	12 Months Ended
	Dec. 31, 2019
Transfers And Servicing Of Financial Assets [Abstract]
Activity of Mortgage Servicing Rights	The following table reflects the activity of mortgage servicing rights for the periods indicated: Year ended December 31, 2019 2018 2017 Balance at beginning of year $ 451 $ 483 $ 498 Mortgage servicing rights capitalized 61 33 67 Mortgage servicing rights amortized (72 ) (66 ) (83 ) Fair market value adjustments 1 1 1 Balance at end of year $ 441 $ 451 $ 483
Annual Estimated Amortization Expense of Intangible Assets	The annual estimated amortization expense of intangible assets for each of the five succeeding fiscal years is as follows: 2020 $ 75 2021 63 2022 53 2023 45 2024 37

Note 8 - Time Deposits (Tables)

Note 8 - Time Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Banking And Thrift [Abstract]
Schedule Of Maturities Of Time Deposits Table Text Block	At December 31, 2019, the scheduled maturities of time deposits were as follows: 2020 $ 140,955 2021 58,405 2022 16,736 2023 10,304 2024 9,176 Thereafter — Total time deposits $ 235,576

Note 9 - Short-Term Borrowings

Note 9 - Short-Term Borrowings (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Short-Term Borrowings	December 31, Securities sold under agreements to repurchase (a) Other short - term borrowings (b) 2019 Balance $ 44,114 $ 11,817 Maximum indebtedness at any month end 44,114 33,260 Daily average indebtedness outstanding 40,220 16,761 Average rate paid for the year 0.70 % 2.49 % Average rate on period-end borrowings 0.62 1.81 2018 Balance $ 47,007 $ 3,865 Maximum indebtedness at any month end 47,007 46,451 Daily average indebtedness outstanding 38,172 22,767 Average rate paid for the year 0.55 % 2.03 % Average rate on period-end borrowings 0.67 2.65 (a) Securities sold under agreements to repurchase mature overnight. The repurchase agreements were collateralized by U.S. Government mortgage-backed securities and CMOs with an amortized cost of $55,928,000 and $62,445,000 and a fair value of $55,795,000 and $60,408,000 and at December 31, 2019 and 2018, respectively. These securities are held in safekeeping at the Federal Reserve Bank of Boston. (b) Other short-term borrowings include Federal funds purchased and overnight borrowings from the FHLB.

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Year ended December 31, 2019 2018 2017 Current Federal income taxes $ 2,789 $ 1,742 $ 3,454 Current state income taxes 380 57 124 Deferred Federal income taxes (benefits) (207 ) 363 268 Deferred state income taxes (benefits) (112 ) (105 ) — Other — (85 ) — Net provision prior to discrete tax adjustments 2,850 1,972 3,846 DTL writeoff due to change in tax methods — (415 ) — Net DTA revaluation for change in tax rate under 2017 Tax Reform — — 2,054 Net provision $ 2,850 $ 1,557 $ 5,900
Schedule of Deferred Tax Assets and Liabilities	December 31, 2019 2018 Deferred tax assets Allowance for loan losses $ 2,076 $ 1,855 Net unrealized holding losses on investment securities available-for-sale — 1,896 Fair value adjustment on equity securities — 190 Non-accrual interest income 54 76 Deferred rent — 59 Deferred revenue 71 121 Incurred but not reported medical expense 31 33 Bonus 218 178 State net operating loss carryforward — 29 Other 33 27 Total deferred tax assets 2,483 4,464 Deferred tax liabilities Deferred loan costs 369 361 Depreciation 289 179 Mortgage servicing rights 92 95 Net unrealized holding losses on investment securities available-for-sale 68 — Fair value adjustment on equity securities 32 — Prepaid expenses 151 92 Deferred rent 23 — Other 18 13 Total deferred tax liabilities 1,042 740 Net deferred tax asset $ 1,441 $ 3,724
Schedule of Effective Income Tax Rate Reconciliation	Year ended December 31, 2019 2018 2017 Dollar % Dollar % Dollar % Provision at statutory rate $ 3,193 21.0 % $ 2,707 21.0 % $ 4,825 34.0 % Tax-exempt interest and dividend income (538 ) (3.5 ) (577 ) (4.5 ) (948 ) (6.7 ) Bank-owned life insurance (61 ) (0.4 ) (61 ) (0.4 ) (100 ) (0.7 ) Life insurance proceeds — — — — (18 ) (0.1 ) Stock-based compensation expense 20 0.1 17 0.1 19 0.1 State income tax 205 1.3 (19 ) (0.1 ) 82 0.6 Other 31 0.2 (95 ) (0.8 ) (14 ) (0.1 ) Net provision prior to discrete tax adjustments 2,850 18.7 1,972 15.3 3,846 27.1 DTL writeoff for change in tax methods — — (415 ) (3.2 ) — — Net DTA revaluation for change in tax rate under 2017 Tax Reform — — — — 2,054 14.5 Net provision $ 2,850 18.7 % $ 1,557 12.1 % $ 5,900 41.6 %

Note 12 - Employee Benefit Pl_2

Note 12 - Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Compensation Related Costs [Abstract]
Schedule of Shares Issued	Shares issued pursuant to the Plan were as follows: Year ended December 31, 2019 2018 2017 Shares 3,310 2,963 2,660 Price per share $33.53 $39.60 and $39.47 $31.95 and $36.18

Note 13 - Stock Option Plan (Ta

Note 13 - Stock Option Plan (Tables)	12 Months Ended
	Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock Option Activity	Stock option activity during 2019, 2018, and 2017 was as follows: Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2016 73,950 $ 27.14 Exercised (13,125 ) 22.42 Forfeited (300 ) 22.58 Granted 25,000 37.60 Outstanding at December 31, 2017 85,525 30.94 Exercised (13,850 ) 24.96 Forfeited (1,600 ) 32.52 Granted 25,000 43.60 Outstanding at December 31, 2018 95,075 35.11 Exercised (14,925 ) 27.16 Forfeited (1,500 ) 37.20 Granted 24,700 38.15 Outstanding at December 31, 2019 103,350 $ 36.96 2.47 $ 296 Exercisable at December 31, 2019 30,200 $ 30.08 0.84 $ 259
Outstanding Stock Options	As of December 31, 2019, outstanding stock options consist of the following: Options outstanding Exercise price Remaining life (in years) Options exercisable Exercise price 8,400 $ 29.25 0.08 8,400 $ 29.25 21,800 30.40 1.13 21,800 30.40 23,950 37.60 2.13 — — 24,500 43.60 3.14 — — 24,700 38.15 4.13 — — Outstanding at December 31, 2019 103,350 $ 36.96 2.47 30,200 $ 30.08
Intrinsic Value Related to Stock Options Exercised	The intrinsic value related to total stock options exercised during 2019, 2018, and 2017 are as follows: 2019 2018 2017 Intrinsic value of stock options exercised $ 153 $ 274 $ 204

Note 14 - Related Party Trans_2

Note 14 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Schedule of Activity and Amounts Due from Directors, Principal Officers, and Their Related Interests	The following table presents activity and amounts due from directors, principal officers, and their related interests. Balance, December 31, 2018 $ 12,891 New loans 14,274 Repayments (13,326 ) Balance, December 31, 2019 $ 13,839
Schedule of Additional Information Regarding Transactions with Related Parties	The following table provides additional information regarding transactions with related parties. December 31, 2019 2018 Commitments to extend credit $ 6,338 $ 6,867 Letters of credit 1,696 1,296 Deposits received 8,779 7,181

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments And Contingencies Disclosure [Abstract]
Financial Instrument Commitments	A summary of the Bank's financial instrument commitments is as follows: December 31, 2019 2018 Commitments to extend credit and unused lines of credit $ 273,088 $ 266,021 Standby letters of credit 11,704 17,269 Total financial instrument commitments $ 284,792 $ 283,290
Summary of Maturities Analysis of Operating Lease Liabilities and Reconciliation of Undiscounted Cash Flows to Total Operating Lease Liability	A maturity analysis of the operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: Operating Leases 2020 $ 533 2021 470 2022 465 2023 414 2024 322 Thereafter 3,255 Total undiscounted cashflows 5,459 Total discount on cashflows (1,316 ) Total lease liabilities $ 4,143

Note 16 - Accumulated Other C_2

Note 16 - Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2019
Other Comprehensive Income Loss Tax [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The following shows the components of accumulated other comprehensive income (loss) during the periods ended December 31, 2019, 2018 and 2017: December 31, 2019 2018 2017 Unrealized net holding (losses) gains on available-for-sale securities $ 325 $ (9,028 ) $ (6,165 ) Unrealized losses on available-for-sale securities for which a portion of an other-than-temporary impairment loss has been recognized in earnings — — (26 ) Accumulated other comprehensive (loss) income 325 (9,028 ) (6,191 ) Tax effect* (68 ) 1,896 1,300 Stranded tax effect — — 805 Accumulated other comprehensive income (loss), net of tax $ 257 $ (7,132 ) $ (4,086 ) * At tax rates of 21%
Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)	The following table presents amounts reclassified out of accumulated other comprehensive income (loss) for the years ended December 31, 2019, 2018 and 2017: Amount reclassified from accumulated other comprehensive income (loss) Details about accumulated other comprehensive income (loss) 2019 2018 2017 Affected line item in statement of income Realized net holding (losses) gains on available-for-sale securities $ (26 ) $ 3 $ 1,580 Net gain on sale of investment securities Other-than-temporary impairment losses on investment securities — — (80 ) Net other-than-temporary impairment losses on investment securities Net (loss) gain on sale of investment securities (26 ) 3 1,500 Tax effect* 5 (1 ) (510 ) Provision for income taxes Total reclassification out of accumulated other comprehensive (loss) income, net of tax $ (21 ) $ 2 $ 990 Net of tax *At rate of 21% for both 2019 and 2018 and 34% for 2017

Note 17 - Fair Value Measurem_2

Note 17 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Financial Assets Measured at Fair Value on a Recurring and Nonrecurring Basis	For financial assets measured at fair value on a recurring and nonrecurring basis, the fair value measurements by level within the fair value hierarchy used were as follows: December 31, 2019 Quoted in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Securities available-for-sale U.S. Government agency securities $ — $ 69,298 $ — $ 69,298 State and municipal securities — 50,781 — 50,781 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities — 134,829 — 134,829 Collateralized mortgage obligations (CMOs) — 86,610 — 86,610 Pooled trust preferred securities — — 79 79 Corporate debt securities — 8,113 — 8,113 Total securities available-for-sale — 349,631 79 349,710 Equity securities 9,164 — — 9,164 Total recurring fair value measurements $ 9,164 $ 349,631 $ 79 $ 358,874 Nonrecurring fair value measurements * Impaired loans $ — $ — $ 5,212 $ 5,212 Mortgage servicing rights — — 7 7 Total nonrecurring fair value measurements $ — $ — $ 5,219 $ 5,219 * impairment December 31, 2018 Quoted in active markets for identical assets (Level 1) Significant other observable input (Level 2) Significant unobservable inputs (Level 3) Balance at end of period Recurring fair value measurements Securities available-for-sale U.S. Government agency securities $ — $ 68,409 $ — $ 68,409 State and municipal securities — 66,313 — 66,313 U.S. Government agencies and sponsored enterprises (GSEs): Mortgage-backed securities — 125,913 — 125,913 Collateralized mortgage obligations (CMOs) — 75,491 — 75,491 Pooled trust preferred securities — — 116 116 Corporate debt securities — 7,979 — 7,979 Total securities available-for-sale — 344,105 116 344,221 Equity securities 9,421 — — 9,421 Total recurring fair value measurements $ 9,421 $ 344,105 $ 116 $ 353,642 Nonrecurring fair value measurements * Impaired loans $ — $ — $ 3,055 $ 3,055 Mortgage servicing rights — — 5 5 Total nonrecurring fair value measurements $ — $ — $ 3,060 $ 3,060 * impairment
Quantitative Information about Assets Measured at Fair Value	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which QNB has utilized Level 3 inputs to determine fair value: Quantitative information about Level 3 fair value measurements December 31, 2019 Fair Valuation techniques Unobservable input Value of values Impaired loans $ 4,655 Appraisal (1) Appraisal adjustments (2) -5% to -40% Liquidation expenses (3) -10% Impaired loans 521 Financial statement values for UCC collateral Financial statement value discounts (5) -30 to -100% Impaired loans 36 Used commercial vehicle guides Guide value discounts (4) -30 % Mortgage servicing rights 7 Discounted cash flow Remaining term 2 - 27 yrs Discount rate 12.0% to 12.5% Quantitative information about Level 3 fair value measurements December 31, 2018 Fair Valuation techniques Unobservable input Value of values Impaired loans $ 1,632 Appraisal (1) Appraisal adjustments (2) -20% to -90% Liquidation expenses (3) -10% Impaired loans 1,415 Financial statement values for UCC collateral Financial statement value discounts (5) -25% to -100% Impaired loans 8 Used commercial vehicle guides Guide value discounts (4) -10 % Mortgage servicing rights 5 Discounted cash flow Remaining term 2 - 26 yrs Discount rate 12.0% to 12.5% (1) Fair value is primarily determined through appraisals of the underlying collateral by independent parties, which generally includes various level 3 inputs which are not always identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and the age of the appraisal. The range is presented as a percent of the initial appraised value. (3) Appraisals and pending agreements of sale are adjusted by management for estimated liquidation expenses. The range is presented as a percent of the initial appraised value. (4) If lendable value (lower than wholesale) is utilized then no additional discounts are taken. If lendable value is not provided, then additional discounts are applied. (5) Values obtained from financial statements for UCC collateral (fixed assets and inventory) are discounted to estimated realizable liquidation value.
Available-for-sale Securities Measured at Fair Value Using Significant Unobservable Inputs	The following table presents additional information about the securities available-for-sale measured at fair value on a recurring basis and for which QNB utilized significant unobservable inputs (Level 3 inputs) to determine fair value for the year ended December 31: Fair value measurements using significant unobservable inputs (Level 3) Securities available-for-sale 2019 2018 Balance, beginning of year $ 116 $ 215 Payments received (37 ) (119 ) Sale of securities — — Total gains or losses (realized/unrealized) Included in earnings — — Included in other comprehensive income — 20 Transfers in and/or out of Level 3 — — Balance, end of year $ 79 $ 116
Financial and Off-balance Sheet Instruments	The estimated fair values and carrying amounts of the Company’s financial and off-balance sheet instruments are summarized as follows: Fair value measurements December 31, 2019 Carrying amount Fai r Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 17,608 $ 17,608 $ 17,608 $ — $ — Investment securities: Available-for-sale 349,710 349,710 — 349,631 79 Equity 9,164 9,164 9,164 — — Restricted investment in bank stocks 1,073 1,073 — 1,073 — Loans held for sale 977 997 — 997 — Net loans 810,729 825,295 — — 825,295 Mortgage servicing rights 441 551 — — 551 Accrued interest receivable 2,828 2,828 — 2,828 — Financial liabilities Deposits with no stated maturities $ 802,284 $ 802,284 $ 802,284 $ — $ — Deposits with stated maturities 235,576 235,557 — 235,557 — Short-term borrowings 55,931 55,931 55,931 — — Accrued interest payable 909 909 — 909 — Off-balance sheet instruments Commitments to extend credit $ — $ — $ — $ — $ — Standby letters of credit — 47 — 47 — Fair value measurements December 31, 2018 Carrying amount Fai r Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Financial assets Cash and cash equivalents $ 13,458 $ 13,458 $ 13,458 $ — $ — Investment securities: Available-for-sale 344,221 344,221 — 344,105 116 Equities 9,421 9,421 9,421 — — Restricted investment in bank stocks 797 797 — 797 — Net loans 776,614 771,685 — — 771,685 Mortgage servicing rights 451 604 — — 604 Accrued interest receivable 2,852 2,852 — 2,852 — Financial liabilities Deposits with no stated maturities $ 791,810 $ 791,810 $ 791,810 $ — $ — Deposits with stated maturities 223,788 220,876 — 220,876 — Short-term borrowings 50,872 50,872 50,872 — — Accrued interest payable 449 449 — 449 — Off-balance sheet instruments Commitments to extend credit $ — $ — $ — $ — $ — Standby letters of credit — 31 — 31 —

Note 19 - Parent Company Fina_2

Note 19 - Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet	Balance Sheets December 31, 2019 2018 Assets Cash and cash equivalents $ 3,616 $ 72 Investment equity securities 9,164 9,421 Investment in subsidiary 108,694 94,477 Other assets 27 379 Total assets $ 121,501 $ 104,349 Liabilities Other liabilities $ 784 $ 1 Shareholders' equity 120,717 104,348 Total liabilities and shareholders' equity $ 121,501 $ 104,349
Condensed Income Statement	Statements of Income Year ended December 31, 2019 2018 2017 Dividends from subsidiary $ 3,820 $ 4,027 $ 3,382 Interest, dividend and other income 292 266 183 Securities gains (losses) 1,781 (79 ) 1,477 Net unrealized gain (loss) on investment equity securities 770 (336 ) — Total income 6,663 3,878 5,042 Expenses 420 513 301 Income before applicable income taxes and equity in undistributed income of subsidiary 6,243 3,365 4,741 Provision (benefit) for income taxes 714 (256 ) 554 Income before equity in undistributed income of subsidiary 5,529 3,621 4,187 Equity in undistributed income of subsidiary 6,828 7,714 4,102 Net income $ 12,357 $ 11,335 $ 8,289
Condensed Comprehensive Income	Statements of Comprehensive Income (in thousands) Year ended December 31, 2019 2018 2017 Before tax amount Tax expense (benefit) Net of tax amount Before tax amount Tax expense (benefit) Net of tax amount Before tax amount Tax expense (benefit) Net of tax amount Net income $ 15,207 $ 2,850 $ 12,357 $ 12,892 $ 1,557 $ 11,335 $ 14,189 $ 5,900 $ 8,289 Other comprehensive income gain (loss): Net unrealized holding gains (losses) on securities: Unrealized holding gains (losses) arising during the period 9,327 1,959 7,368 (3,156 ) (663 ) (2,493 ) 1,002 341 661 Reclassification adjustment for losses (gains) included in net income 26 5 21 (3 ) (1 ) (2 ) (1,500 ) (510 ) (990 ) 9,353 1,964 7,389 (3,159 ) (664 ) (2,495 ) (498 ) (169 ) (329 ) Total comprehensive income $ 24,560 $ 4,814 $ 19,746 $ 9,733 $ 893 $ 8,840 $ 13,691 $ 5,731 $ 7,960
Condensed Cash Flow Statement	Statements of Cash Flows Year ended December 31, 2019 2018 2017 Operating Activities Net income $ 12,357 $ 11,335 $ 8,289 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed income from subsidiary (6,828 ) (7,714 ) (4,102 ) Net securities (gains) losses (1,781 ) 79 (1,477 ) Net unrealized (gain) loss on investment equity securities (770 ) 336 — Stock-based compensation expense 118 117 102 Accretion of discounts on investment securities (45 ) — — Increase (decrease) in other liabilities 762 (403 ) 335 Decrease (increase) in other assets 126 (147 ) (3 ) Deferred income tax provision (benefit) 247 (158 ) 98 Net cash provided by operating activities 4,186 3,445 3,242 Investing activities Purchase of investment equity securities (9,030 ) (9,763 ) (9,998 ) Purchase of investment securities available-for-sale (8,730 ) — — Proceeds from sale of investment equity securities 11,838 4,902 14,422 Proceeds from sale of investment securities available-for-sale 8,775 — — Net cash provided (used) by investing activities 2,853 (4,861 ) 4,424 Financing activities Cash dividend paid (4,086 ) (3,863 ) (3,731 ) Proceeds from issuance of common stock 591 684 672 Net cash used by financing activities (3,495 ) (3,179 ) (3,059 ) Increase (decrease) cash and cash equivalents 3,544 (4,595 ) 4,607 Cash and cash equivalents at beginning of year 72 4,667 60 Cash and cash equivalents at end of year $ 3,616 $ 72 $ 4,667

Note 20 - Regulatory Restrict_2

Note 20 - Regulatory Restrictions (Tables)	12 Months Ended
	Dec. 31, 2019
Banking And Thrift [Abstract]
Capital Ratios and Regulatory Minimum Requirements	The Company and the Bank’s actual capital amounts and ratios are presented as follows: Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2019 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 130,412 13.82 % $ 75,498 8.00 % $ 94,373 10.00 % Bank 118,389 12.93 73,270 8.00 91,587 10.00 Tier I capital (to risk-weighted assets): Consolidated 120,452 12.76 56,624 6.00 56,624 6.00 Bank 108,429 11.84 54,952 6.00 73,270 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated 120,452 12.76 42,468 4.50 N/A N/A Bank 108,429 11.84 41,214 4.50 59,532 6.50 Tier I capital (to average assets): Consolidated 120,452 9.78 49,283 4.00 N/A N/A Bank 108,429 8.89 48,804 4.00 61,005 5.00 Capital levels Actual Adequately capitalized Well capitalized As of December 31, 2018 Amount Ratio Amount Ratio Amount Ratio Total risk-based capital (to risk-weighted assets): Consolidated $ 120,379 13.21 % $ 72,910 8.00 % $ 91,137 10.00 % Bank 110,508 12.52 70,619 8.00 88,273 10.00 Tier I capital (to risk-weighted assets): Consolidated 111,472 12.23 54,682 6.00 54,682 6.00 Bank 101,601 11.51 52,964 6.00 70,619 8.00 Common equity tier 1 capital (to risk-weighted assets): Consolidated 111,472 12.23 41,012 4.50 N/A N/A Bank 101,601 11.51 39,723 4.50 57,378 6.50 Tier I capital (to average assets): Consolidated 111,472 9.40 47,458 4.00 N/A N/A Bank 101,601 8.64 47,045 4.00 58,807 5.00

Note 21 - Consolidated Quarte_2

Note 21 - Consolidated Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Unaudited Quarterly Results of Operations	The unaudited quarterly results of operations for the years ended 2019 and 2018 are in the following table: Quarters Ended 2019 Quarters Ended 2018 March 31 June 30 Sept. 30 Dec. 31 March 31 June 30 Sept. 30 Dec. 31 Interest income $ 11,289 $ 11,712 $ 11,817 $ 11,600 $ 10,509 $ 10,562 $ 10,926 $ 11,203 Interest expense 2,453 2,601 2,635 2,435 1,718 1,862 2,222 2,383 Net interest income 8,836 9,111 9,182 9,165 8,791 8,700 8,704 8,820 Provision for (credit to) loan losses 225 150 550 375 188 187 568 187 Non-interest income 2,309 1,654 2,144 2,210 1,067 1,454 2,227 144 Non-interest expense 6,724 6,793 6,955 7,632 6,178 6,533 6,385 6,789 Income before income taxes 4,196 3,822 3,821 3,368 3,492 3,434 3,978 1,988 Provision for income taxes 817 679 731 623 557 572 767 (339 ) Net Income $ 3,379 $ 3,143 $ 3,090 $ 2,745 $ 2,935 $ 2,862 $ 3,211 $ 2,327 Earnings Per Share - basic * $ 0.97 $ 0.90 $ 0.88 $ 0.78 $ 0.85 $ 0.83 $ 0.93 $ 0.67 Earnings Per Share - diluted * $ 0.97 $ 0.90 $ 0.88 $ 0.78 $ 0.85 $ 0.82 $ 0.92 $ 0.67 * Due to rounding, quarterly earnings per share may not sum to annual earnings per share

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)Lease$ / sharesshares	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2017USD ($)$ / shares
Summary of Significant Accounting Policies [Line Items]
Restricted investment in stocks	$ 1,073,000	$ 797,000
Other than temporary impairment charge of restricted investment	$ 0
Lease option to extend description	QNB typically enters into lease agreements with an initial term of 5 to 10 years and subsequent additional optional terms in increments of 5 years.
Lease option to terminate description	The lease agreements also contain termination options. None of the leases contain purchase options and none transfer the ownership of the leased asset.
Number of operating lease renewed | Lease	1
Number of new operating lease renewed | Lease	2
Lease agreement subsequent additional optional term in increments	5 years
Lease agreement option to extend on increments	true
Lease option to terminate	true
Other Postretirement Benefit Expense	$ 59,000	53,000	$ 23,000
Allocated Share-based Compensation Expense	118,000	117,000	102,000
Employee service Share-based compensation, tax benefit from nonqualified compensation expense and disqualifying dispositions	$ 7,000	$ 10,000	$ 19,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in Dollars per share) | $ / shares	$ 3.96	$ 5.29	$ 3.88
Unrecognized Tax Benefits	$ 0
Interest accrued	0
Penalties expense	$ 2,000
Tax years subject to examination by tax authorities		2016
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Lease agreements initial terms	5 years
Lease agreement subsequent additional optional term in increments	5 years
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Lease agreements initial terms	10 years
Lease agreement subsequent additional optional term in increments	10 years
Other Assets [Member]
Summary of Significant Accounting Policies [Line Items]
Other Real Estate, Foreclosed Assets, and Repossessed Assets	$ 0	$ 0
Investment in Federal Home Loan Bank Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Restricted investment in stocks	1,061,000
Investment in Atlantic Community Bankers Bank Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Restricted investment in stocks	12,000
VISA Class B Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Restricted investment in stocks	$ 0
Number of shares owned | shares	6,502
VISA Class A Stock [Member]
Summary of Significant Accounting Policies [Line Items]
Conversion factor per share	1.6298

Note 1 - Schedule of Estimated

Note 1 - Schedule of Estimated Useful Lives of Assets (Details)	12 Months Ended
	Dec. 31, 2019
Minimum [Member] | Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	10 years
Minimum [Member] | Furniture and Equipment Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	3 years
Minimum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	5 years
Maximum [Member] | Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	39 years
Maximum [Member] | Furniture and Equipment Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	15 years
Maximum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives of assets	30 years

Note 1 - Assumptions Used in Op

Note 1 - Assumptions Used in Option Pricing Model (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Risk free interest rate	2.52%	2.15%	1.48%
Dividend yield	3.36%	1.24%	3.19%
Volatility	16.44%	18.12%	17.90%
Expected life (years)	4 years 2 months 12 days	4 years 2 months 12 days	4 years 2 months 12 days

Note 2 - Computation of Basic a

Note 2 - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2019		Sep. 30, 2019		Jun. 30, 2019		Mar. 31, 2019		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Numerator for basic and diluted earnings per share - net income	$ 2,745		$ 3,090		$ 3,143		$ 3,379		$ 2,327		$ 3,211		$ 2,862		$ 2,935		$ 12,357	$ 11,335	$ 8,289
Denominator for basic earnings per share - weighted average shares outstanding																	3,498,326	3,463,450	3,428,970
Effect of dilutive securities - employee stock options																	5,824	19,059	16,841
Denominator for diluted earnings per share - adjusted weighted average shares outstanding																	3,504,150	3,482,509	3,445,811
Earnings per share - basic	$ 0.78	[1]	$ 0.88	[1]	$ 0.90	[1]	$ 0.97	[1]	$ 0.67	[1]	$ 0.93	[1]	$ 0.83	[1]	$ 0.85	[1]	$ 3.53	$ 3.27	$ 2.42
Earnings per share - diluted	$ 0.78	[1]	$ 0.88	[1]	$ 0.90	[1]	$ 0.97	[1]	$ 0.67	[1]	$ 0.92	[1]	$ 0.82	[1]	$ 0.85	[1]	$ 3.53	$ 3.25	$ 2.41
[1]	Due to rounding, quarterly earnings per share may not sum to annual earnings per share

Note 2 - Earnings Per Share a_3

Note 2 - Earnings Per Share and Share Repurchase Plan (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Feb. 09, 2009	Jan. 24, 2008
Earnings Per Share and Share Repurchase Plan [Line Items]
Treasury stock, shares	164,569	164,569
Treasury stock, value	$ 2,476	$ 2,476
Share Repurchase Program 1 [Member]
Earnings Per Share and Share Repurchase Plan [Line Items]
Stock repurchase program, number of shares authorized to be repurchased					50,000
Treasury stock, shares, acquired	0	0
Treasury stock, shares	57,883	57,883
Treasury stock shares average price per share acquired	$ 16.97	$ 16.97
Treasury stock, value	$ 982	$ 982
Share Repurchase Program 1 [Member] | Maximum [Member]
Earnings Per Share and Share Repurchase Plan [Line Items]
Stock repurchase program, number of shares authorized to be repurchased				100,000
Employee Stock Option [Member]
Earnings Per Share and Share Repurchase Plan [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	73,000	25,000	25,000

Note 4 - Investment Securitie_2

Note 4 - Investment Securities (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)security	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Investment Securities [Line Items]
Net (loss) gain on trading activities			$ 27,000
Proceeds from sale of investment securities	$ 47,851,000	$ 4,159,000	28,087,000
Other than temporary impairment charges recognized for debt securities	0	0	0
Other than temporary impairment, credit losses recognized in earnings	0	0	0
Available-for-sale securities pledged as collateral	$ 205,016,000	$ 194,573,000
Debt Securities, Available-for-sale, Restriction Type [Extensible List]	us-gaap:CollateralPledgedMember	us-gaap:CollateralPledgedMember
Impairment of investments in available for sale equity securities			80,000
Investment equity securities	$ 9,164,000	$ 9,421,000
Unrealized (gains) losses, net of tax	(7,368,000)	2,493,000	(661,000)
Proceeds from the sale of equity securities	11,838,000	4,902,000	14,422,000
Debt Securities [Member]
Investment Securities [Line Items]
Income tax expense (benefit) related to net realized gains (losses) on sales of securities	$ (5,000)	1,000	8,000
PreTSL IV [Member]
Investment Securities [Line Items]
Number of trust preferred securities | security	1
Equity Securities [Member]
Investment Securities [Line Items]
Income tax expense (benefit) related to net realized gains (losses) on sales of securities	$ 737,000	$ (120,000)	600,000
Impairment of investments in available for sale equity securities			80,000
Unrealized (gains) losses, net of tax			$ 254,000

Note 4 - Debt Securities Availa

Note 4 - Debt Securities Available-for-Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	$ 349,710	$ 344,221
Investment securities available-for-sale, debt securities gross unrealized holding gains	1,602	394
Investment securities available-for-sale, debt securities gross unrealized holding losses	(1,277)	(9,422)
Investment securities available-for-sale, debt securities amortized cost	349,385	353,249
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	69,298	68,409
Investment securities available-for-sale, debt securities gross unrealized holding gains	8
Investment securities available-for-sale, debt securities gross unrealized holding losses	(213)	(2,072)
Investment securities available-for-sale, debt securities amortized cost	69,503	70,481
US States and Political Subdivisions Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	50,781	66,313
Investment securities available-for-sale, debt securities gross unrealized holding gains	860	195
Investment securities available-for-sale, debt securities gross unrealized holding losses	(19)	(464)
Investment securities available-for-sale, debt securities amortized cost	49,940	66,582
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	134,829	125,913
Investment securities available-for-sale, debt securities gross unrealized holding gains	371	79
Investment securities available-for-sale, debt securities gross unrealized holding losses	(504)	(4,251)
Investment securities available-for-sale, debt securities amortized cost	134,962	130,085
Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	86,610	75,491
Investment securities available-for-sale, debt securities gross unrealized holding gains	260	87
Investment securities available-for-sale, debt securities gross unrealized holding losses	(535)	(2,549)
Investment securities available-for-sale, debt securities amortized cost	86,885	77,953
Collateralized Debt Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	79	116
Investment securities available-for-sale, debt securities gross unrealized holding losses	(6)	(6)
Investment securities available-for-sale, debt securities amortized cost	85	122
Corporate Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, debt securities	8,113	7,979
Investment securities available-for-sale, debt securities gross unrealized holding gains	103	33
Investment securities available-for-sale, debt securities gross unrealized holding losses		(80)
Investment securities available-for-sale, debt securities amortized cost	$ 8,010	$ 8,026

Note 4 - Investment Securitie_3

Note 4 - Investment Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]
Due in one year or less, Fair value	$ 10,740
Due after one year through five years, Fair value	243,551
Due after five years through ten years, Fair value	73,046
Due after ten years, Fair value	22,373
Total investment securities available-for-sale, Fair value	349,710	$ 344,221
Due in one year or less, Amortized cost	10,743
Due after one year through five years, Amortized cost	243,968
Due after five years through ten years, Amortized cost	72,787
Due after ten years, Amortized cost	21,887
Investment securities available-for-sale, debt securities amortized cost	$ 349,385	$ 353,249

Note 4 - Realized Gain (Loss) o

Note 4 - Realized Gain (Loss) on Investments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Investments Debt And Equity Securities [Abstract]
Gross realized gains	$ 169,000	$ 25,000	$ 581,000
Gross realized losses	(195,000)	(22,000)	(558,000)
Other-than-temporary impairment	0	0	0
Total net (losses) gains on AFS debt securities	$ (26,000)	$ 3,000	$ 23,000

Note 4 - Credit-related Other-t

Note 4 - Credit-related Other-than-temporary Impairment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Investments Debt And Equity Securities [Abstract]
Balance, beginning of year	$ 1	$ 1	$ 1,153
Reductions: sale, collateralized debt obligation	0	0	(1,152)
Initial credit impairments	0	0	0
Subsequent credit impairments	0	0	0
Balance, end of year	$ 1	$ 1	$ 1

Note 4 - Debt Securities in a C

Note 4 - Debt Securities in a Continuous Unrealized Loss Position (Details) $ in Thousands	Dec. 31, 2019USD ($)security	Dec. 31, 2018USD ($)security
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	174	321
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 84,182	$ 34,651
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	(287)	(296)
Debt Securities in an unrealized loss position 12 months or longer, fair value	101,044	254,299
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(990)	(9,126)
Debt Securities in an unrealized loss position, fair value	185,226	288,950
Debt Securities in an unrealized loss position, unrealized losses	$ (1,277)	$ (9,422)
US Government Agencies Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	36	51
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 28,857
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	(141)
Debt Securities in an unrealized loss position 12 months or longer, fair value	20,427	$ 68,409
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(72)	(2,072)
Debt Securities in an unrealized loss position, fair value	49,284	68,409
Debt Securities in an unrealized loss position, unrealized losses	$ (213)	$ (2,072)
US States and Political Subdivisions Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	7	81
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 2,431	$ 21,657
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	(14)	(204)
Debt Securities in an unrealized loss position 12 months or longer, fair value	515	10,558
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(5)	(260)
Debt Securities in an unrealized loss position, fair value	2,946	32,215
Debt Securities in an unrealized loss position, unrealized losses	$ (19)	$ (464)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	66	111
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 28,482	$ 12,561
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	(50)	(91)
Debt Securities in an unrealized loss position 12 months or longer, fair value	52,398	108,802
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(454)	(4,160)
Debt Securities in an unrealized loss position, fair value	80,880	121,363
Debt Securities in an unrealized loss position, unrealized losses	$ (504)	$ (4,251)
Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	64	73
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 24,412	$ 433
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	(82)	(1)
Debt Securities in an unrealized loss position 12 months or longer, fair value	27,625	62,467
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(453)	(2,548)
Debt Securities in an unrealized loss position, fair value	52,037	62,900
Debt Securities in an unrealized loss position, unrealized losses	$ (535)	$ (2,549)
Collateralized Debt Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security	1	1
Debt Securities in an unrealized loss position less than 12 months, fair value	$ 0	$ 0
Debt Securities in an unrealized loss position less than 12 months, unrealized losses	0	0
Debt Securities in an unrealized loss position 12 months or longer, fair value	79	116
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses	(6)	(6)
Debt Securities in an unrealized loss position, fair value	79	116
Debt Securities in an unrealized loss position, unrealized losses	$ (6)	$ (6)
Corporate Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
No. of debt securities | security		4
Debt Securities in an unrealized loss position 12 months or longer, fair value		$ 3,947
Debt Securities in an unrealized loss position 12 months or longer, unrealized losses		(80)
Debt Securities in an unrealized loss position, fair value		3,947
Debt Securities in an unrealized loss position, unrealized losses		$ (80)

Note 4 - Pooled Trust Preferred

Note 4 - Pooled Trust Preferred Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)bankInsuranceCompany	Dec. 31, 2018USD ($)
Schedule Of Available For Sale Securities [Line Items]
Investment securities available-for-sale, amortized cost	$ 349,385	$ 353,249
Fair value	$ 349,710	$ 344,221
PreTSL IV [Member]
Schedule Of Available For Sale Securities [Line Items]
Class	Mezzanine*
Investment securities available-for-sale, amortized cost	$ 85
Fair value	79
Unrealized gains (losses)	(6)
Realized OTTI credit loss	0
Total recognized OTTI credit loss	$ (1)
Moody's ratings	Ba1
Current number of performing banks | bank	3
Current number of performing insurance companies | InsuranceCompany	0
Actual deferrals and defaults as a % of total collateral	0.00%
Total performing collateral as a % of outstanding bonds	228.30%

Note 4 - Summary of Unrealized

Note 4 - Summary of Unrealized and Realized Gains and Losses Recognized in Net Income on Equity Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Equity Securities [Abstract]
Net gains (losses) recognized during the period on equity securities	$ 2,551	$ (415)
Less: Net gains (losses) recognized during the period on equity securities sold during the period	1,781	(79)
Net unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date	$ 770	$ (336)

Note 4 - Gross Realized Losses

Note 4 - Gross Realized Losses on Equity Securities (Details)	12 Months Ended
	Dec. 31, 2017USD ($)
Gain (Loss) on Securities [Line Items]
Other-than-temporary impairment	$ (80,000)
Equity Securities [Member]
Gain (Loss) on Securities [Line Items]
Gross realized gains	1,557,000
Gross realized losses	0
Other-than-temporary impairment	(80,000)
Total net gains on equity securities	$ 1,477,000

Note 5 - Major Classes of Loans

Note 5 - Major Classes of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	$ 820,419	$ 785,208
Net unearned costs	197	240
Loans receivable	820,616	785,448
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	168,031	162,452
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	56,209	50,135
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	336,050	308,590
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	72,443	68,581
State and Political Subdivisions Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	38,376	43,737
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	6,530	6,785
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	69,469	67,453
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans and leases receivable	$ 73,311	$ 77,475

Note 5 - Loans Receivable and_3

Note 5 - Loans Receivable and the Allowance for Loan Losses (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)contractloan	Dec. 31, 2018USD ($)contractloan	Dec. 31, 2017USD ($)
Accounts Notes And Loans Receivable [Line Items]
Bank overdrafts	$ 224,000	$ 183,000
Financing receivable, modifications, recorded investment	5,891,000	3,477,000
Financing receivables, impaired, troubled debt restructuring, write-down	$ 5,000	$ 51,000	$ 3,000
Number of newly identified TDRs during the current period | contract	6
Number of contracts | contract	7	4
Loans and leases receivable, impaired, commitment to lend	$ 24,000	$ 0
Financing receivable, modifications, subsequent default, number of contracts | contract	0	0
Performing Financial Instruments [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing receivable, modifications, recorded investment	$ 4,760,000	$ 2,160,000
Nonperforming Financial Instruments [Member]
Accounts Notes And Loans Receivable [Line Items]
Financing receivable, modifications, recorded investment	$ 1,131,000	$ 1,317,000
Residential Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Mortgage loan on real estate number of loan in foreclosure | loan	4	5
Mortgage loans in process of foreclosure, amount	$ 467,000	$ 537,000
Residential Portfolio Segment [Member] | Maximum [Member]
Accounts Notes And Loans Receivable [Line Items]
Loan to value ratio	80.00%
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Number of contracts | contract	3
Residential Buildings and Dwellings [Member] | Credit Concentration Risk [Member]
Accounts Notes And Loans Receivable [Line Items]
Concentration of loans to lessors percentage of total loans	16.60%	15.80%
Nonresidential Buildings [Member] | Credit Concentration Risk [Member]
Accounts Notes And Loans Receivable [Line Items]
Concentration of loans to lessors percentage of total loans	18.30%	18.10%

Note 5 - Internal Risk Ratings

Note 5 - Internal Risk Ratings and Payment Activity (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	$ 820,419	$ 785,208
Excluding Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	671,109	633,495
Pass [Member] | Excluding Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	648,527	613,642
Special Mention [Member] | Excluding Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	6,660	1,514
Substandard [Member] | Excluding Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	15,922	18,339
Doubtful [Member] | Excluding Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	168,031	162,452
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	56,209	50,135
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	336,050	308,590
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	72,443	68,581
Commercial Portfolio Segment [Member] | Pass [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	158,247	155,219
Commercial Portfolio Segment [Member] | Pass [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	56,209	50,135
Commercial Portfolio Segment [Member] | Pass [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	324,936	297,713
Commercial Portfolio Segment [Member] | Pass [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	70,759	66,838
Commercial Portfolio Segment [Member] | Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	3,665	82
Commercial Portfolio Segment [Member] | Special Mention [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Special Mention [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	2,995	1,259
Commercial Portfolio Segment [Member] | Special Mention [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	173
Commercial Portfolio Segment [Member] | Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	6,119	7,151
Commercial Portfolio Segment [Member] | Substandard [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Substandard [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	8,119	9,618
Commercial Portfolio Segment [Member] | Substandard [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	1,684	1,570
Commercial Portfolio Segment [Member] | Doubtful [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Doubtful [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Doubtful [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
Commercial Portfolio Segment [Member] | Doubtful [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
State and Political Subdivisions Portfolio Segment [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	38,376	43,737
State and Political Subdivisions Portfolio Segment [Member] | Pass [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	38,376	43,737
State and Political Subdivisions Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
State and Political Subdivisions Portfolio Segment [Member] | Substandard [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	0	0
State and Political Subdivisions Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	$ 0	$ 0

Note 5 - Retail Loans by Credit

Note 5 - Retail Loans by Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	$ 820,419	$ 785,208
Total Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	149,310	151,713
Performing Financial Instruments [Member] | Total Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	147,998	150,481
Nonperforming Financial Instruments [Member] | Total Retail Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	1,312	1,232
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	6,530	6,785
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	69,469	67,453
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	73,311	77,475
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	6,391	6,659
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | Family Residential Mortgages [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	68,833	66,513
Retail Portfolio Segment [Member] | Performing Financial Instruments [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	72,774	77,309
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Consumer Loans [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	139	126
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Family Residential Mortgages [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	636	940
Retail Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Recorded Investment [Line Items]
Loans and leases receivable	$ 537	$ 166

Note 5 - Past Due Loans (Detail

Note 5 - Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	$ 6,960	$ 5,941
Loans current	813,459	779,267
Loans and leases receivable	820,419	785,208
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	1,994	1,072
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	804	2,007
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	4,162	2,862
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	2,064	1,607
Loans current	165,967	160,845
Loans and leases receivable	168,031	162,452
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	94
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	58	141
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	2,006	1,372
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Loans current	56,209	50,135
Loans and leases receivable	56,209	50,135
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Commercial Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	1,527	1,972
Loans current	334,523	306,618
Loans and leases receivable	336,050	308,590
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	305
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	1,029
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	1,527	638
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	429	667
Loans current	72,014	67,914
Loans and leases receivable	72,443	68,581
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	208	24
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	79	352
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	142	291
State and Political Subdivisions Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Loans current	38,376	43,737
Loans and leases receivable	38,376	43,737
State and Political Subdivisions Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
State and Political Subdivisions Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
State and Political Subdivisions Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	0
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	100	82
Loans current	6,430	6,703
Loans and leases receivable	6,530	6,785
Retail Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	29	23
Retail Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	71	35
Retail Portfolio Segment [Member] | Consumer Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	0	24
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	2,491	1,265
Loans current	66,978	66,188
Loans and leases receivable	69,469	67,453
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	1,486	544
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	573	245
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	432	476
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	349	348
Loans current	72,962	77,127
Loans and leases receivable	73,311	77,475
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	271	82
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	23	205
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans past due	$ 55	$ 61

Note 5 - Non-accrual Loans (Det

Note 5 - Non-accrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	$ 0	$ 0
Loans receivable	11,704	7,478
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	5,901	3,179
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	0	0
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	3,640	1,965
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	851	1,102
State and Political Subdivisions Portfolio Segment [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	0	0
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	139	126
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	636	940
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans receivable	0	0
Loans receivable	$ 537	$ 166

Note 5 - Allowance for Loan Los

Note 5 - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	$ 8,834	$ 7,841	$ 7,394
Provision for (credit to) loan losses	1,300	1,130	1,400
Charge-offs	(472)	(274)	(1,075)
Recoveries	225	137	122
Allowance for loan losses, end of period	9,887	8,834	7,841
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	3,092	2,711	1,459
Provision for (credit to) loan losses	1,771	341	2,178
Charge-offs	(207)	0	(960)
Recoveries	33	40	34
Allowance for loan losses, end of period	4,689	3,092	2,711
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	551	563	449
Provision for (credit to) loan losses	39	(12)	114
Charge-offs	0	0	0
Recoveries	0	0	0
Allowance for loan losses, end of period	590	551	563
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	2,824	2,410	2,646
Provision for (credit to) loan losses	(315)	391	(244)
Charge-offs	0	0	0
Recoveries	10	23	8
Allowance for loan losses, end of period	2,519	2,824	2,410
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	754	816	1,760
Provision for (credit to) loan losses	(197)	(12)	(959)
Charge-offs	(51)	(77)	(23)
Recoveries	123	27	38
Allowance for loan losses, end of period	629	754	816
State and Political Subdivisions Portfolio Segment [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	153	114	123
Provision for (credit to) loan losses	(38)	39	(9)
Charge-offs	0	0	0
Recoveries	0	0	0
Allowance for loan losses, end of period	115	153	114
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	164	57	76
Provision for (credit to) loan losses	219	185	41
Charge-offs	(197)	(112)	(92)
Recoveries	44	34	32
Allowance for loan losses, end of period	230	164	57
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	497	444	366
Provision for (credit to) loan losses	52	54	78
Charge-offs	0	(1)	0
Recoveries	0	0	0
Allowance for loan losses, end of period	549	497	444
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	338	357	353
Provision for (credit to) loan losses	(26)	52	(6)
Charge-offs	(17)	(84)	0
Recoveries	15	13	10
Allowance for loan losses, end of period	310	338	357
Unallocated Financing Receivables [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Allowance for loan losses, beginning of period	461	369	162
Provision for (credit to) loan losses	(205)	92	207
Charge-offs	0	0	0
Recoveries	0	0	0
Allowance for loan losses, end of period	$ 256	$ 461	$ 369

Note 5 - Specific Reserve for L

Note 5 - Specific Reserve for Loans Modified as TDR's (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Receivables [Abstract]
TDRs with no specific allowance recorded - unpaid principal balance	$ 2,957	$ 2,513
TDRs with an allowance recorded - unpaid principal balance	2,934	964
Unpaid principal balance	5,891	3,477
TDRs with an allowance recorded - related allowance	$ 450	$ 411

Note 5 - Loans by Loan Class Mo

Note 5 - Loans by Loan Class Modified as TDRs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)contract	Dec. 31, 2018USD ($)contract
Financing Receivable Modifications [Line Items]
Number of contracts | contract	7	4
Pre- modification outstanding recorded investment	$ 3,181	$ 233
Post- modification outstanding recorded investment	$ 3,188	$ 214
Commercial Portfolio Segment [Member]
Financing Receivable Modifications [Line Items]
Number of contracts | contract	3
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Modifications [Line Items]
Number of contracts | contract	1
Pre- modification outstanding recorded investment	$ 641
Post- modification outstanding recorded investment	$ 126
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Modifications [Line Items]
Number of contracts | contract	3	1
Pre- modification outstanding recorded investment	$ 2,540	$ 99
Post- modification outstanding recorded investment	$ 2,528	$ 99
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Modifications [Line Items]
Number of contracts | contract	3	1
Pre- modification outstanding recorded investment		$ 39
Post- modification outstanding recorded investment	$ 534	$ 29
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Modifications [Line Items]
Number of contracts | contract		2
Pre- modification outstanding recorded investment		$ 95
Post- modification outstanding recorded investment		$ 86

Note 5 - Loans Disaggregated by

Note 5 - Loans Disaggregated by Impairment Method (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	$ 9,887	$ 8,834	$ 7,841	$ 7,394
Allowance for loan losses - individually evaluated for impairment	3,566	1,664
Allowance for loan losses - collectively evaluated for impairment	6,065	6,709
Loans and leases receivable	820,419	785,208
Loans - individually evaluated for impairment	16,860	16,482
Loans - collectively evaluated for impairment	803,559	768,726
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	4,689	3,092	2,711	1,459
Allowance for loan losses - individually evaluated for impairment	3,307	1,461
Allowance for loan losses - collectively evaluated for impairment	1,382	1,631
Loans and leases receivable	168,031	162,452
Loans - individually evaluated for impairment	6,027	7,128
Loans - collectively evaluated for impairment	162,004	155,324
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	590	551	563	449
Allowance for loan losses - individually evaluated for impairment	0	0
Allowance for loan losses - collectively evaluated for impairment	590	551
Loans and leases receivable	56,209	50,135
Loans - collectively evaluated for impairment	56,209	50,135
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	2,519	2,824	2,410	2,646
Allowance for loan losses - individually evaluated for impairment	217	101
Allowance for loan losses - collectively evaluated for impairment	2,302	2,723
Loans and leases receivable	336,050	308,590
Loans - individually evaluated for impairment	7,172	6,083
Loans - collectively evaluated for impairment	328,878	302,507
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	629	754	816	1,760
Allowance for loan losses - individually evaluated for impairment	31	97
Allowance for loan losses - collectively evaluated for impairment	598	657
Loans and leases receivable	72,443	68,581
Loans - individually evaluated for impairment	2,082	1,740
Loans - collectively evaluated for impairment	70,361	66,841
State and Political Subdivisions Portfolio Segment [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	115	153	114	123
Allowance for loan losses - individually evaluated for impairment	0	0
Allowance for loan losses - collectively evaluated for impairment	115	153
Loans and leases receivable	38,376	43,737
Loans - individually evaluated for impairment	0	0
Loans - collectively evaluated for impairment	38,376	43,737
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	230	164	57	76
Allowance for loan losses - individually evaluated for impairment	11	0
Allowance for loan losses - collectively evaluated for impairment	219	164
Loans and leases receivable	6,530	6,785
Loans - individually evaluated for impairment	69	77
Loans - collectively evaluated for impairment	6,461	6,708
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	549	497	444	366
Allowance for loan losses - collectively evaluated for impairment	549	497
Loans and leases receivable	69,469	67,453
Loans - individually evaluated for impairment	955	1,268
Loans - collectively evaluated for impairment	68,514	66,185
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	310	338	357	353
Allowance for loan losses - individually evaluated for impairment	0	5
Allowance for loan losses - collectively evaluated for impairment	310	333
Loans and leases receivable	73,311	77,475
Loans - individually evaluated for impairment	555	186
Loans - collectively evaluated for impairment	72,756	77,289
Unallocated Financing Receivables [Member]
Credit Losses Related To Financing Receivables Current And Noncurrent [Line Items]
Allowance for loan losses	$ 256	$ 461	$ 369	$ 162

Note 5 - Impaired Loans (Detail

Note 5 - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	$ 8,082	$ 11,763
Unpaid principal balance - with no specific allowance	9,352	12,873
Recorded investment - with an allowance	8,778	4,719
Unpaid principal balance - with an allowance	10,344	6,042
Related allowance	3,566	1,664
Unpaid principal balance	19,696	18,915
Recorded investment	16,860	16,482
Average recorded investment	12,389	14,290	$ 14,738
Interest income recognized	148	452	198
Commercial Portfolio Segment [Member] | Commercial and Industrial [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	901	4,243
Unpaid principal balance - with no specific allowance	1,258	4,525
Recorded investment - with an allowance	5,126	2,885
Unpaid principal balance - with an allowance	6,577	4,128
Related allowance	3,307	1,461
Unpaid principal balance	7,835	8,653
Recorded investment	6,027	7,128
Average recorded investment	4,603	6,064	5,301
Interest income recognized	1	227	14
Commercial Portfolio Segment [Member] | Construction Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance		0
Unpaid principal balance - with no specific allowance		0
Recorded investment - with an allowance	0	0
Unpaid principal balance - with an allowance	0	0
Related allowance	0	0
Unpaid principal balance	0	0
Recorded investment	0	0
Average recorded investment			51
Interest income recognized			2
Commercial Portfolio Segment [Member] | Secured by Commercial Real Estate [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	3,735	5,012
Unpaid principal balance - with no specific allowance	4,362	5,577
Recorded investment - with an allowance	3,437	1,071
Unpaid principal balance - with an allowance	3,495	1,095
Related allowance	217	101
Unpaid principal balance	7,857	6,672
Recorded investment	7,172	6,083
Average recorded investment	4,682	4,908	5,744
Interest income recognized	94	189	145
Commercial Portfolio Segment [Member] | Secured by Residential Real Estate [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	1,936	1,023
Unpaid principal balance - with no specific allowance	2,110	1,140
Recorded investment - with an allowance	146	717
Unpaid principal balance - with an allowance	193	773
Related allowance	31	97
Unpaid principal balance	2,303	1,913
Recorded investment	2,082	1,740
Average recorded investment	1,713	1,800	2,252
Interest income recognized	40	23	23
Retail Portfolio Segment [Member] | Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	555	77
Unpaid principal balance - with no specific allowance	612	84
Recorded investment - with an allowance	69	0
Unpaid principal balance - with an allowance	79	0
Related allowance	11	0
Unpaid principal balance	691	84
Recorded investment	624	77
Average recorded investment	73	81	97
Retail Portfolio Segment [Member] | Family Residential Mortgages [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance		1,268
Unpaid principal balance - with no specific allowance		1,357
Recorded investment - with an allowance	0	0
Unpaid principal balance - with an allowance	0	0
Related allowance	0	0
Unpaid principal balance	0	1,357
Recorded investment	0	1,268
Average recorded investment	1,037	1,251	1,155
Interest income recognized	12	12	13
Retail Portfolio Segment [Member] | Home Equity Loans and Lines [Member]
Financing Receivable Impaired [Line Items]
Recorded investment - with no specific allowance	955	140
Unpaid principal balance - with no specific allowance	1,010	190
Recorded investment - with an allowance	0	46
Unpaid principal balance - with an allowance	0	46
Related allowance	0	5
Unpaid principal balance	1,010	236
Recorded investment	955	186
Average recorded investment	281	186	138
Interest income recognized	$ 1	$ 1	$ 1

Note 6 - Premises and Equipme_3

Note 6 - Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Book value	$ 36,032	$ 29,692
Accumulated depreciation and amortization	(20,424)	(19,774)
Net book value	15,608	9,918
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Book value	12,260	12,258
Furniture and Equipment Member]
Property, Plant and Equipment [Line Items]
Book value	15,699	14,618
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Book value	4,252	$ 2,816
Right-of-Use Asset [Member]
Property, Plant and Equipment [Line Items]
Book value	$ 3,821

Note 6 - Premises and Equipme_4

Note 6 - Premises and Equipment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Depreciation	$ 1,211,000	$ 990,000	$ 821,000

Note 6 - Summary of Quantitativ

Note 6 - Summary of Quantitative Attributes of Operating Leases (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Lease cost
Operating lease cost	$ 617
Total lease cost	617
Cash paid for amounts included in the measurement of lease liabilities:
Operating cashflows from operating leases	583
At implementatoin of new accounting guidance:
Right-of-use assets recorded for finance lease liabilities	2,005
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 2,407
Weighted average remaining lease terms:
Operating leases	15 years 7 months 6 days
Weighted average discount rates:
Operating leases	3.11%

Note 7 - Intangible Assets an_3

Note 7 - Intangible Assets and Loan Servicing (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Intangible Assets and Loan Servicing Details [Line Items]
Servicing asset loans unpaid principal balance	$ 73,108	$ 73,993
Servicing asset at fair value, amount	$ 551	$ 604
Minimum [Member]
Intangible Assets and Loan Servicing Details [Line Items]
Servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, discount rate	12.00%	12.00%
Maximum [Member]
Intangible Assets and Loan Servicing Details [Line Items]
Servicing assets and servicing liabilities at fair value, assumptions used to estimate fair value, discount rate	12.50%	12.50%
Other Assets [Member]
Intangible Assets and Loan Servicing Details [Line Items]
Servicing asset at fair value, amount	$ 551	$ 604

Note 7 - Activity of Mortgage S

Note 7 - Activity of Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Transfers And Servicing Of Financial Assets [Abstract]
Balance at beginning of year	$ 451	$ 483	$ 498
Mortgage servicing rights capitalized	61	33	67
Mortgage servicing rights amortized	(72)	(66)	(83)
Fair market value adjustments	1	1	1
Balance at end of year	$ 441	$ 451	$ 483

Note 7 - Annual Estimated Amort

Note 7 - Annual Estimated Amortization Expense of Intangible Assets (Details) $ in Thousands	Dec. 31, 2019USD ($)
Finite Lived Intangible Assets Future Amortization Expense [Abstract]
2020	$ 75
2021	63
2022	53
2023	45
2024	$ 37

Note 8 - Time Deposits (Details

Note 8 - Time Deposits (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
Total time deposits	$ 235,576	$ 223,788
Time deposits $250,000 or more	$ 45,064	$ 47,266

Note 8 - Time Deposits - Schedu

Note 8 - Time Deposits - Schedule of Maturities of Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Maturities Of Time Deposits [Abstract]
2020	$ 140,955
2021	58,405
2022	16,736
2023	10,304
2024	9,176
Total time deposits	$ 235,576	$ 223,788

Note 9 - Schedule of Short-Term

Note 9 - Schedule of Short-Term Borrowings (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018
Short-term Borrowings [Line Items]
Balance		$ 55,931	$ 50,872
Securities Sold under Agreements to Repurchase [Member]
Short-term Borrowings [Line Items]
Balance	[1]	44,114	47,007
Maximum indebtedness at any month end	[1]	44,114	47,007
Daily average indebtedness outstanding	[1]	$ 40,220	$ 38,172
Average rate paid for the year	[1]	0.70%	0.55%
Average rate on period-end borrowings	[1]	0.62%	0.67%
Other Short Term Debt [Member]
Short-term Borrowings [Line Items]
Balance	[2]	$ 11,817	$ 3,865
Maximum indebtedness at any month end	[2]	33,260	46,451
Daily average indebtedness outstanding	[2]	$ 16,761	$ 22,767
Average rate paid for the year	[2]	2.49%	2.03%
Average rate on period-end borrowings	[2]	1.81%	2.65%
[1]	Securities sold under agreements to repurchase mature overnight. The repurchase agreements were collateralized by U.S. Government mortgage-backed securities and CMOs with an amortized cost of $55,928,000 and $62,445,000 and a fair value of $55,795,000 and $60,408,000 and at December 31, 2019 and 2018, respectively. These securities are held in safekeeping at the Federal Reserve Bank of Boston.
[2]	Other short-term borrowings include Federal funds purchased and overnight borrowings from the FHLB.

Note 9 - Short-Term Borrowing_2

Note 9 - Short-Term Borrowings (Details Textual)	Dec. 31, 2019USD ($)FederalFund	Dec. 31, 2018USD ($)
Short-term Borrowings [Line Items]
Available-for-sale Securities Pledged as Collateral	$ 205,016,000	$ 194,573,000
Federal Funds Unsecured Number of Lines | FederalFund	5
Federal Funds Unsecured Lines	$ 61,000,000
Federal Funds Purchased	0	0
Securities Sold under Agreements to Repurchase [Member]
Short-term Borrowings [Line Items]
Available for Sale Securities Pledged as Collateral Amortized Cost	55,928,000	62,445,000
Available-for-sale Securities Pledged as Collateral	$ 55,795,000	$ 60,408,000

Note 10 - Long-Term Debt (Detai

Note 10 - Long-Term Debt (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Long Term Debt [Line Items]
FHLB stock	$ 1,061	$ 785
Maximum borrowing capacity with FHLB	335,313
Borrowings outstanding with FHLB	11,817	3,865
Letter of Credit [Member]
Long Term Debt [Line Items]
Borrowings outstanding with FHLB	$ 350	$ 350

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax [Line Items]
Effective income tax rate reconciliation, at federal statutory income tax rate, percent		21.00%	21.00%	34.00%
Tax Cuts and Jobs Act, accounting complete				true
Tax Cuts and Jobs Act, change in tax rate, income tax (benefit)/expense			$ (415,000)	$ 2,054,000
ASU 2018-02 stranded tax reclassification		$ 805,000
ASU 2018-02 [Member]
Income Tax [Line Items]
Tax Cuts and Jobs Act of 2017, reclassification from AOCI to retained earnings	$ 805,000

Note 11 - Provision for Income

Note 11 - Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Provision For Income Taxes [Abstract]
Current Federal income taxes									$ 2,789	$ 1,742	$ 3,454
Current state income taxes									380	57	124
Deferred Federal income taxes (benefits)									(207)	363	268
Deferred state income taxes (benefits)									(112)	(105)	0
Other									0	(85)	0
Net provision prior to discrete tax adjustments									2,850	1,972	3,846
DTL writeoff due to change in tax methods									0	(415)	0
Net DTA revaluation for change in tax rate under 2017 Tax Reform									0	0	2,054
Net provision	$ 623	$ 731	$ 679	$ 817	$ (339)	$ 767	$ 572	$ 557	$ 2,850	$ 1,557	$ 5,900

Note 11 - Deferred Tax Assets a

Note 11 - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets
Allowance for loan losses	$ 2,076	$ 1,855
Net unrealized holding losses on investment securities available-for-sale	0	1,896
Fair value adjustment on equity securities	0	190
Non-accrual interest income	54	76
Deferred rent	0	59
Deferred revenue	71	121
Incurred but not reported medical expense	31	33
Bonus	218	178
State net operating loss carryforward	0	29
Other	33	27
Total deferred tax assets	2,483	4,464
Deferred tax liabilities
Deferred loan costs	369	361
Depreciation	289	179
Mortgage servicing rights	92	95
Net unrealized holding losses on investment securities available-for-sale	68	0
Fair value adjustment on equity securities	32	0
Prepaid expenses	151	92
Deferred rent	23	0
Other	18	13
Total deferred tax liabilities	1,042	740
Net deferred tax asset	$ 1,441	$ 3,724

Note 11 - Reconciliation of the

Note 11 - Reconciliation of the Tax Provision (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation Of The Tax Provision [Abstract]
Provision at statutory rate									$ 3,193	$ 2,707	$ 4,825
Tax-exempt interest and dividend income									(538)	(577)	(948)
Bank-owned life insurance									(61)	(61)	(100)
Life insurance proceeds									0	0	(18)
Stock-based compensation expense									20	17	19
State income tax									205	(19)	82
Other									31	(95)	(14)
Net provision prior to discrete tax adjustments									2,850	1,972	3,846
DTL writeoff due to change in tax methods									0	(415)	0
Net DTA revaluation for change in tax rate under 2017 Tax Reform									0	0	2,054
Net provision	$ 623	$ 731	$ 679	$ 817	$ (339)	$ 767	$ 572	$ 557	$ 2,850	$ 1,557	$ 5,900
Provision at statutory rate									21.00%	21.00%	34.00%
Tax-exempt interest and dividend income									(3.50%)	(4.50%)	(6.70%)
Bank-owned life insurance									(0.40%)	(0.40%)	(0.70%)
Life insurance proceeds									(0.00%)	(0.00%)	(0.10%)
Stock-based compensation expense									0.10%	0.10%	0.10%
State income tax									1.30%	(0.10%)	0.60%
Other									0.20%	(0.80%)	(0.10%)
Net provision prior to discrete tax adjustments									18.70%	15.30%	27.10%
DTL writeoff for change in tax methods									0.00%	(3.20%)	0.00%
Net DTA revaluation for change in tax rate under 2017 Tax Reform									0.00%	0.00%	14.50%
Net provision									18.70%	12.10%	41.60%

Note 12 - Employee Benefit Pl_3

Note 12 - Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Benefit Plans [Line Items]
Defined contribution plan, plan name	QNB Bank Retirement Savings Plan
Matching company contribution	3.00%
Safe harbor non-elective contributions	5.00%
Matching contribution, amount	$ 309	$ 271	$ 259
Safe harbor contribution, amount	$ 553	$ 494	$ 478
Employee Stock Purchase Plan 2016 [Member]
Employee Benefit Plans [Line Items]
Discount rate on common stock	10.00%
Shares authorized for issuance	30,000
Shares issued	10,325
Expiration date	May 31, 2021

Note 12 - Schedule of Shares Is

Note 12 - Schedule of Shares Issued (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Benefit Plans (Details) - Employee Stock Purchase Plan [Line Items]
Shares	3,310	2,963	2,660
Price per share	$ 33.53
Minimum [Member]
Employee Benefit Plans (Details) - Employee Stock Purchase Plan [Line Items]
Price per share		$ 39.47	$ 31.95
Maximum [Member]
Employee Benefit Plans (Details) - Employee Stock Purchase Plan [Line Items]
Price per share		$ 39.60	$ 36.18

Note 13 - Stock Option Plan (De

Note 13 - Stock Option Plan (Details Textual) - USD ($)	12 Months Ended			57 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, options, grants in period, gross	24,700	25,000	25,000
Share-based compensation arrangement by share-based payment award, options, forfeitures in period	1,500	1,600	300
Share-based compensation arrangement by share-based payment award, options, exercises in period	14,925	13,850	13,125
Share-based compensation arrangement by share-based payment award, options, outstanding, number	103,350	95,075	85,525	103,350	73,950
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized	$ 117,000			$ 117,000
Employee service share-based compensation, nonvested awards, compensation cost not yet recognized, period for recognition	26 months
The 2005 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized	200,000			200,000
Share-based compensation arrangement by share-based payment award, options, grants in period, gross	184,200
Share-based compensation arrangement by share-based payment award, options, forfeitures in period	65,850
Share-based compensation arrangement by share-based payment award, options, exercises in period	109,950
Share-based compensation arrangement by share-based payment award, options, outstanding, number	8,400			8,400
The 2015 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized	300,000			300,000
Share-based compensation arrangement by share-based payment award, options, grants in period, gross				98,200
Share-based compensation arrangement by share-based payment award, options, forfeitures in period				2,600
Share-based compensation arrangement by share-based payment award, options, exercises in period				650
Share-based compensation arrangement by share-based payment award, options, outstanding, number	94,950			94,950
Employee Stock Option [Member] | The 2005 Plan [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, period options can be exercised after grant date	6 months
Share-based compensation arrangement by share-based payment award, expiration period	5 years
Share-based compensation arrangement by share-based payment award, award vesting period	3 years

Note 13 - Stock Option Activity

Note 13 - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Roll Forward
Outstanding-Number of options (in shares)	95,075	85,525	73,950
Exercised-Number of options (in shares)	(14,925)	(13,850)	(13,125)
Forfeited-Number of options (in shares)	(1,500)	(1,600)	(300)
Granted-Number of options (in shares)	24,700	25,000	25,000
Outstanding ending-Number of options (in shares)	103,350	95,075	85,525
Exercisable-Number of options (in shares)	30,200
Outstanding-Weighted average exercise price (in dollars per share)	$ 35.11	$ 30.94	$ 27.14
Exercised-Weighted average exercise price (in dollars per share)	27.16	24.96	22.42
Forfeited-Weighted average exercise price (in dollars per share)	37.20	32.52	22.58
Granted-Weighted average exercise price (in dollars per share)	38.15	43.60	37.60
Outstanding ending-Weighted average exercise price (in dollars per share)	36.96	$ 35.11	$ 30.94
Exercisable-Weighted average exercise price (in dollars per share)	$ 30.08
Outstanding ending-Weighted average remaining contractual term	2 years 5 months 19 days
Exercisable-Weighted average remaining contractual term	10 months 2 days
Outstanding ending-Aggregate intrinsic value	$ 296
Exercisable-Aggregate intrinsic value	$ 259

Note 13 - Outstanding Stock Opt

Note 13 - Outstanding Stock Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	103,350	95,075	85,525	73,950
Exercise price, outstanding	$ 36.96	$ 35.11	$ 30.94	$ 27.14
Remaining life	2 years 5 months 19 days
Options exercisable	30,200
Exercise price, exercisable	$ 30.08
Exercise Price $29.25 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	8,400
Exercise price, outstanding	$ 29.25
Remaining life	29 days
Options exercisable	8,400
Exercise price, exercisable	$ 29.25
Exercise Price $30.40 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	21,800
Exercise price, outstanding	$ 30.40
Remaining life	1 year 1 month 17 days
Options exercisable	21,800
Exercise price, exercisable	$ 30.40
Exercise Price $37.60 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	23,950
Exercise price, outstanding	$ 37.60
Remaining life	2 years 1 month 17 days
Exercise Price $43.60 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	24,500
Exercise price, outstanding	$ 43.60
Remaining life	3 years 1 month 20 days
Exercise Price $38.15 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding	24,700
Exercise price, outstanding	$ 38.15
Remaining life	4 years 1 month 17 days

Note 13 - Intrinsic Value Relat

Note 13 - Intrinsic Value Related to Stock Options Exercised (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Tax Benefits and Intrinsic Value Related to Stock Options Exercised [Abstract]
Intrinsic value of stock options exercised	$ 153	$ 274	$ 204

Note 14 - Schedule of Activity

Note 14 - Schedule of Activity and Amounts Due from Directors, Principal Officers, and Their Related Interests (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Related Party Transactions [Abstract]
Balance, December 31, 2018	$ 12,891
New loans	14,274
Repayments	(13,326)
Balance, December 31, 2019	$ 13,839

Note 14 - Schedule of Additiona

Note 14 - Schedule of Additional Information Regarding Transactions with Related Parties (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions [Abstract]
Commitments to extend credit	$ 6,338	$ 6,867
Letters of credit	1,696	1,296
Deposits received	$ 8,779	$ 7,181

Note 15 - Financial Instrument

Note 15 - Financial Instrument Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Commitments And Contingencies Disclosure [Line Items]
Commitments to extend credit and unused lines of credit	$ 284,792	$ 283,290
Commitments to Extend Credit [Member]
Commitments And Contingencies Disclosure [Line Items]
Commitments to extend credit and unused lines of credit	273,088	266,021
Standby Letters of Credit [Member]
Commitments And Contingencies Disclosure [Line Items]
Commitments to extend credit and unused lines of credit	$ 11,704	$ 17,269

Note 15 - Commitments and Con_3

Note 15 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Commitments And Contingencies Disclosure [Line Items]
Standby letters of credit	$ 10,235
Lessee leasing arrangements, operating leases, renewal term	5 years
Operating lease cost	$ 778	$ 681	$ 645
Maximum [Member]
Commitments And Contingencies Disclosure [Line Items]
Standby letters of credit expiration period	1 year
Lessee leasing arrangements, operating leases, renewal term	10 years
Minimum [Member]
Commitments And Contingencies Disclosure [Line Items]
Lessee leasing arrangements, operating leases, renewal term	5 years

Note 15 - Summary of Maturities

Note 15 - Summary of Maturities Analysis of Operating Lease Liabilities and Reconciliation of Undiscounted Cash Flows to Total Operating Lease Liability (Details) $ in Thousands	Dec. 31, 2019USD ($)
Operating Leases
2020	$ 533
2021	470
2022	465
2023	414
2024	322
Thereafter	3,255
Total undiscounted cashflows	5,459
Total discount on cashflows	(1,316)
Total lease liabilities	$ 4,143

Note 16 - Components of Accumul

Note 16 - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive (loss) income		$ 325	$ (9,028)	$ (6,191)
Tax effect	[1]	(68)	1,896	1,300
Stranded tax effect				805
Accumulated other comprehensive income (loss), net of tax		257	(7,132)	(4,086)
Unrealized Net Holding (Losses) Gains on Available-for-sale Securities [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive (loss) income		$ 325	$ (9,028)	(6,165)
Unrealized Losses on Available-for-sale Securities for which a Portion of an Other-than-temporary Impairment Loss has been Recognized in Earnings [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive (loss) income				$ (26)
[1]	At tax rates of 21%

Note 16 - Accumulated Other C_3

Note 16 - Accumulated Other Comprehensive Income (Loss) (Details Textual)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Provision at statutory rate	21.00%	21.00%	34.00%

Note 16 - Amounts Reclassified

Note 16 - Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)		3 Months Ended								12 Months Ended
		Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Total other-than-temporary impairment loss on investment securities												$ (80,000)
Income before income taxes		$ 3,368,000	$ 3,821,000	$ 3,822,000	$ 4,196,000	$ 1,988,000	$ 3,978,000	$ 3,434,000	$ 3,492,000	$ 15,207,000	$ 12,892,000	14,189,000
Tax effect		(623,000)	(731,000)	(679,000)	(817,000)	339,000	(767,000)	(572,000)	(557,000)	(2,850,000)	(1,557,000)	(5,900,000)
Net income		$ 2,745,000	$ 3,090,000	$ 3,143,000	$ 3,379,000	$ 2,327,000	$ 3,211,000	$ 2,862,000	$ 2,935,000	12,357,000	11,335,000	8,289,000
Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Realized net holding (losses) gains on available-for-sale securities										(26,000)	3,000	1,580,000
Total other-than-temporary impairment loss on investment securities												(80,000)
Income before income taxes										(26,000)	3,000	1,500,000
Tax effect	[1]									5,000	(1,000)	(510,000)
Net income										$ (21,000)	$ 2,000	$ 990,000
[1]	At rate of 21% for both 2019 and 2018 and 34% for 2017

Note 17 - Financial Assets Meas

Note 17 - Financial Assets Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	$ 349,710	$ 344,221
Equity securities	9,164	9,421
US Government Agencies Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	69,298	68,409
US States and Political Subdivisions Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	50,781	66,313
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	134,829	125,913
Collateralized Mortgage Obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	86,610	75,491
Pooled Trust Preferred Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	79	116
Corporate Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	8,113	7,979
Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Equity securities	9,164	9,421
Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	349,631	344,105
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	69,298	68,409
Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	50,781	66,313
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	134,829	125,913
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Obligations [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	86,610	75,491
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	8,113	7,979
Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	79	116
Fair Value, Inputs, Level 3 [Member] | Pooled Trust Preferred Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt securities available-for-sale	79	116
Recurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	358,874	353,642
Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	9,164	9,421
Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	349,631	344,105
Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	79	116
Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	5,219	3,060
Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	5,212	3,055
Nonrecurring [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	7	5
Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	5,219	3,060
Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	5,212	3,055
Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Asset fair value measurements	$ 7	$ 5

Note 17 - Quantitative Informat

Note 17 - Quantitative Information about Assets Measured at Fair Value (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		$ 5,219	$ 3,060
Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		5,212	3,055
Nonrecurring [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		7	5
Fair Value, Inputs, Level 3 [Member] | Nonrecurring [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		5,219	3,060
Fair Value, Inputs, Level 3 [Member] | Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		5,212	3,055
Fair Value, Inputs, Level 3 [Member] | Nonrecurring [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		$ 7	$ 5
Fair Value, Inputs, Level 3 [Member] | Appraisal Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value liquidation inputs	[1],[2]	(10.00%)	(10.00%)
Fair Value, Inputs, Level 3 [Member] | Appraisal Valuation Technique [Member] | Measurement Input, Comparability Adjustment [Member] | Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs	[2],[3]	(0.05)	(0.20)
Fair Value, Inputs, Level 3 [Member] | Appraisal Valuation Technique [Member] | Measurement Input, Comparability Adjustment [Member] | Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs	[2],[3]	(0.40)	(0.90)
Fair Value, Inputs, Level 3 [Member] | Appraisal Valuation Technique [Member] | Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements	[2]	$ 4,655	$ 1,632
Fair Value, Inputs, Level 3 [Member] | Used Commercial Vehicle Guides Valuation Technique [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs	[4]	(30.00%)	(10.00%)
Fair Value, Inputs, Level 3 [Member] | Used Commercial Vehicle Guides Valuation Technique [Member] | Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements	[4]	$ 36	$ 8
Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Measurement Input, Expected Term [Member] | Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value expected term		2 years	2 years
Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Measurement Input, Expected Term [Member] | Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value expected term		27 years	26 years
Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Measurement Input, Discount Rate [Member] | Minimum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs		12.00%	12.00%
Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Measurement Input, Discount Rate [Member] | Maximum [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs		12.50%	12.50%
Fair Value, Inputs, Level 3 [Member] | Discounted Cash Flow Valuation Technique [Member] | Nonrecurring [Member] | Mortgage Servicing Rights [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements		$ 7	$ 5
Fair Value, Inputs, Level 3 [Member] | Market Approach Valuation Technique [Member] | Minimum [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs	[5]	(30.00%)	(25.00%)
Fair Value, Inputs, Level 3 [Member] | Market Approach Valuation Technique [Member] | Maximum [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Nonrecurring fair value range of value inputs	[5]	(100.00%)	(100.00%)
Fair Value, Inputs, Level 3 [Member] | Market Approach Valuation Technique [Member] | Nonrecurring [Member] | Impaired Loans [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset fair value measurements	[5]	$ 521	$ 1,415
[1]	Appraisals and pending agreements of sale are adjusted by management for estimated liquidation expenses. The range is presented as a percent of the initial appraised value.
[2]	Fair value is primarily determined through appraisals of the underlying collateral by independent parties, which generally includes various level 3 inputs which are not always identifiable.
[3]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and the age of the appraisal. The range is presented as a percent of the initial appraised value.
[4]	If lendable value (lower than wholesale) is utilized then no additional discounts are taken. If lendable value is not provided, then additional discounts are applied.
[5]	Values obtained from financial statements for UCC collateral (fixed assets and inventory) are discounted to estimated realizable liquidation value.

Note 17 - Available-for-sale Se

Note 17 - Available-for-sale Securities Measured at Fair Value Using Significant Unobservable Inputs (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance, beginning of year	$ 116	$ 215
Payments received	(37)	(119)
Sale of securities	0	0
Included in earnings	0	0
Included in other comprehensive income	0	20
Transfers in and/or out of Level 3	0	0
Balance, end of year	$ 79	$ 116

Note 17 - Fair Value Measurem_3

Note 17 - Fair Value Measurements and Fair Values of Financial Instruments (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)securityissuer	Dec. 31, 2018USD ($)
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of underlying issuers | issuer	1
Expected credit losses or prepayments	$ 0
Swap rate period	30 years
Measurement Input, Discount Rate [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Discount rate	0.0533
Fair Value, Inputs, Level 3 [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset, gain (loss) included in earnings	$ 0	$ 0
Fair Value, Inputs, Level 3 [Member] | Collateralized Debt Obligations [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Number of trust preferred securities | security	1
Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Fair value, measurement with unobservable inputs reconciliation, recurring basis, asset, gain (loss) included in earnings	$ 0	$ 0

Note 17 - Financial and Off-bal

Note 17 - Financial and Off-balance Sheet Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 17,608	$ 13,458
Available-for-sale	349,710	344,221
Equity	9,164	9,421
Restricted investment in bank stocks	1,073	797
Loans held for sale	977
Net loans	810,729	776,614
Mortgage servicing rights	441	451
Accrued interest receivable	2,828	2,852
Deposits	1,037,860	1,015,598
Short-term borrowings	55,931	50,872
Accrued interest payable	909	449
Cash and cash equivalents	17,608	13,458
Restricted investment in bank stocks	1,073	797
Loans held for sale	997
Net loans	825,295	771,685
Mortgage servicing rights	551	604
Accrued interest receivable	2,828	2,852
Short-term borrowings	55,931	50,872
Accrued interest payable	909	449
Fair Value, Inputs, Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Equity	9,164	9,421
Cash and cash equivalents	17,608	13,458
Short-term borrowings	55,931	50,872
Fair Value, Inputs, Level 2 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Available-for-sale	349,631	344,105
Restricted investment in bank stocks	1,073	797
Loans held for sale	997
Accrued interest receivable	2,828	2,852
Accrued interest payable	909	449
Fair Value, Inputs, Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Available-for-sale	79	116
Net loans	825,295	771,685
Mortgage servicing rights	551	604
Standby Letters of Credit [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Commitments to extend credit	47	31
Standby Letters of Credit [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Commitments to extend credit	47	31
With No Stated Maturities [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Deposits	802,284	791,810
Deposits	802,284	791,810
With No Stated Maturities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Deposits	802,284	791,810
With Stated Maturities [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Deposits	235,576	223,788
Deposits	235,557	220,876
With Stated Maturities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Deposits	$ 235,557	$ 220,876

Note 19 - Condensed Balance She

Note 19 - Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 17,608	$ 13,458
Investment equity securities	9,164	9,421
Other assets	4,395	3,255
Total assets	1,225,023	1,175,452
Liabilities
Other liabilities	9,606	4,185
Shareholders' equity	120,717	104,348	$ 98,570	$ 93,567
Total liabilities and shareholders' equity	1,225,023	1,175,452
Parent Company [Member]
Assets
Cash and cash equivalents	3,616	72
Investment equity securities	9,164	9,421
Investment in subsidiary	108,694	94,477
Other assets	27	379
Total assets	121,501	104,349
Liabilities
Other liabilities	784	1
Shareholders' equity	120,717	104,348
Total liabilities and shareholders' equity	$ 121,501	$ 104,349

Note 19 - Condensed Statement o

Note 19 - Condensed Statement of Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Condensed Income Statements, Captions [Line Items]
Securities gains (losses)									$ 1,781	$ (79)
Net unrealized gain (loss) on investment equity securities									770	(336)
Provision for income taxes	$ 623	$ 731	$ 679	$ 817	$ (339)	$ 767	$ 572	$ 557	2,850	1,557	$ 5,900
Net income	$ 2,745	$ 3,090	$ 3,143	$ 3,379	$ 2,327	$ 3,211	$ 2,862	$ 2,935	12,357	11,335	8,289
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Dividends from subsidiary									3,820	4,027	3,382
Interest, dividend and other income									292	266	183
Securities gains (losses)									1,781	(79)	1,477
Net unrealized gain (loss) on investment equity securities									770	(336)
Total income									6,663	3,878	5,042
Expenses									420	513	301
Income before applicable income taxes and equity in undistributed income of subsidiary									6,243	3,365	4,741
Provision for income taxes									714	(256)	554
Income before equity in undistributed income of subsidiary									5,529	3,621	4,187
Equity in undistributed income of subsidiary									6,828	7,714	4,102
Net income									$ 12,357	$ 11,335	$ 8,289

Note 19 - Condensed Statement_2

Note 19 - Condensed Statement of Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Condensed Statement of Income Captions [Line Items]
Net income, Before tax amount	$ 3,368	$ 3,821	$ 3,822	$ 4,196	$ 1,988	$ 3,978	$ 3,434	$ 3,492	$ 15,207	$ 12,892	$ 14,189
Net unrealized holding gains (losses) on securities:
Unrealized holding gains (losses) arising during the period, Before tax amount									9,327	(3,156)	1,002
Reclassification adjustment for losses (gains) included in net income, Before tax amount									26	(3)	(1,500)
Other comprehensive income (loss), Before tax amount									9,353	(3,159)	(498)
Unrealized holding gains (losses) arising during the period, Tax expense (benefit)									1,959	(663)	341
Reclassification adjustment for losses (gains) included in net income, Tax expense (benefit)									5	(1)	(510)
Other comprehensive income (loss), Tax expense (benefit)									1,964	(664)	(169)
Unrealized holding gains (losses) arising during the period, Net of tax amount									7,368	(2,493)	661
Reclassification adjustment for losses (gains) included in net income, Net of tax amount									21	(2)	(990)
Other comprehensive income (loss), Net of tax amount									7,389	(2,495)	(329)
Total comprehensive income, Before tax amount									24,560	9,733	13,691
Total comprehensive income, Tax expense (benefit)									4,814	893	5,731
Net income	$ 2,745	$ 3,090	$ 3,143	$ 3,379	$ 2,327	$ 3,211	$ 2,862	$ 2,935	12,357	11,335	8,289
Total comprehensive income, Net of tax amount									19,746	8,840	7,960
Parent Company [Member]
Condensed Statement of Income Captions [Line Items]
Net income, Before tax amount									15,207	12,892	14,189
Net unrealized holding gains (losses) on securities:
Unrealized holding gains (losses) arising during the period, Before tax amount									9,327	(3,156)	1,002
Reclassification adjustment for losses (gains) included in net income, Before tax amount									26	(3)	(1,500)
Other comprehensive income (loss), Before tax amount									9,353	(3,159)	(498)
Unrealized holding gains (losses) arising during the period, Tax expense (benefit)									1,959	(663)	341
Reclassification adjustment for losses (gains) included in net income, Tax expense (benefit)									5	(1)	(510)
Other comprehensive income (loss), Tax expense (benefit)									1,964	(664)	(169)
Unrealized holding gains (losses) arising during the period, Net of tax amount									7,368	(2,493)	661
Reclassification adjustment for losses (gains) included in net income, Net of tax amount									21	(2)	(990)
Other comprehensive income (loss), Net of tax amount									7,389	(2,495)	(329)
Total comprehensive income, Before tax amount									24,560	9,733	13,691
Tax expense (benefit)									2,850	1,557	5,900
Total comprehensive income, Tax expense (benefit)									4,814	893	5,731
Net income									12,357	11,335	8,289
Total comprehensive income, Net of tax amount									$ 19,746	$ 8,840	$ 7,960

Note 19 - Condensed Statement_3

Note 19 - Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Net income	$ 2,745	$ 3,090	$ 3,143	$ 3,379	$ 2,327	$ 3,211	$ 2,862	$ 2,935	$ 12,357	$ 11,335	$ 8,289
Adjustments to reconcile net income to net cash provided by operating activities:
Net unrealized (gain) loss on investment equity securities									(770)	336
Stock-based compensation expense									118	117	102
Accretion of discounts on investment securities									1,501	1,434	1,694
Increase (decrease) in other liabilities									(44)	601	421
Decrease (increase) in other assets									423	73	(887)
Deferred income tax provision (benefit)									319	258	2,322
Net cash provided by operating activities									13,898	16,651	16,162
Investing activities
Purchase of investment equity securities									(9,030)	(9,763)	(9,998)
Purchase of investment securities available-for-sale									(113,688)	(26,473)	(75,267)
Proceeds from sale of investment equity securities									11,838	4,902	14,422
Proceeds from sale of investment securities available-for-sale									47,851	4,159	28,087
Net cash used in investing activities									(33,574)	(33,111)	(91,182)
Financing activities
Cash dividend paid									(4,086)	(3,863)	(3,731)
Proceeds from issuance of common stock									591	684	672
Net cash provided by financing activities									23,826	13,587	80,630
Increase (decrease) in cash and cash equivalents									4,150	(2,873)	5,610
Cash and cash equivalents at beginning of year				13,458				16,331	13,458	16,331	10,721
Cash and cash equivalents at end of period	17,608				13,458				17,608	13,458	16,331
Parent Company [Member]
Operating Activities
Net income									12,357	11,335	8,289
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed income from subsidiary									(6,828)	(7,714)	(4,102)
Net securities (gains) losses									(1,781)	79	(1,477)
Net unrealized (gain) loss on investment equity securities									(770)	336
Stock-based compensation expense									118	117	102
Accretion of discounts on investment securities									(45)
Increase (decrease) in other liabilities									762	(403)	335
Decrease (increase) in other assets									126	(147)	(3)
Deferred income tax provision (benefit)									247	(158)	98
Net cash provided by operating activities									4,186	3,445	3,242
Investing activities
Purchase of investment equity securities									(9,030)	(9,763)	(9,998)
Purchase of investment securities available-for-sale									(8,730)
Proceeds from sale of investment equity securities									11,838	4,902	14,422
Proceeds from sale of investment securities available-for-sale									8,775
Net cash used in investing activities									2,853	(4,861)	4,424
Financing activities
Cash dividend paid									(4,086)	(3,863)	(3,731)
Proceeds from issuance of common stock									591	684	672
Net cash provided by financing activities									(3,495)	(3,179)	(3,059)
Increase (decrease) in cash and cash equivalents									3,544	(4,595)	4,607
Cash and cash equivalents at beginning of year				$ 72				$ 4,667	72	4,667	60
Cash and cash equivalents at end of period	$ 3,616				$ 72				$ 3,616	$ 72	$ 4,667

Note 20 - Capital Ratios and Re

Note 20 - Capital Ratios and Regulatory Minimum Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Consolidated Entities [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Capital	$ 130,412	$ 120,379
Tier 1 capital	120,452	111,472
Common equity tier 1 capital	120,452	111,472
Tier 1 leverage capital	$ 120,452	$ 111,472
Capital to risk-weighted assets	13.82%	13.21%
Tier 1 capital to risk-weighted assets	12.76%	12.23%
Common equity tier 1 capital to risk-weighted assets	12.76%	12.23%
Tier 1 leverage capital to average assets	9.78%	9.40%
Capital required for capital adequacy	$ 75,498	$ 72,910
Tier 1 capital required for capital adequacy	56,624	54,682
Common equity tier 1 capital required for capital adequacy	42,468	41,012
Tier 1 leverage capital required for capital adequacy	$ 49,283	$ 47,458
Capital required for capital adequacy to risk-weighted assets	8.00%	8.00%
Tier 1 capital required for capital adequacy to risk-weighted assets	6.00%	6.00%
Common equity tier 1 capital required for capital adequacy to risk-weighted assets	4.50%	4.50%
Tier 1 leverage capital required for capital adequacy to average assets	4.00%	4.00%
Capital required to be well capitalized	$ 94,373	$ 91,137
Tier 1 capital required to be well capitalized	$ 56,624	$ 54,682
Capital required to be well capitalized to risk-weighted assets	10.00%	10.00%
Tier 1 capital required to be well capitalized to risk-weighted assets	6.00%	6.00%
Bank [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Capital	$ 118,389	$ 110,508
Tier 1 capital	108,429	101,601
Common equity tier 1 capital	108,429	101,601
Tier 1 leverage capital	$ 108,429	$ 101,601
Capital to risk-weighted assets	12.93%	12.52%
Tier 1 capital to risk-weighted assets	11.84%	11.51%
Common equity tier 1 capital to risk-weighted assets	11.84%	11.51%
Tier 1 leverage capital to average assets	8.89%	8.64%
Capital required for capital adequacy	$ 73,270	$ 70,619
Tier 1 capital required for capital adequacy	54,952	52,964
Common equity tier 1 capital required for capital adequacy	41,214	39,723
Tier 1 leverage capital required for capital adequacy	$ 48,804	$ 47,045
Capital required for capital adequacy to risk-weighted assets	8.00%	8.00%
Tier 1 capital required for capital adequacy to risk-weighted assets	6.00%	6.00%
Common equity tier 1 capital required for capital adequacy to risk-weighted assets	4.50%	4.50%
Tier 1 leverage capital required for capital adequacy to average assets	4.00%	4.00%
Capital required to be well capitalized	$ 91,587	$ 88,273
Tier 1 capital required to be well capitalized	73,270	70,619
Common equity tier 1 capital required to be well capitalized	59,532	57,378
Tier 1 leverage capital required to be well capitalized	$ 61,005	$ 58,807
Capital required to be well capitalized to risk-weighted assets	10.00%	10.00%
Tier 1 capital required to be well capitalized to risk-weighted assets	8.00%	8.00%
Common equity tier 1 capital required to be well capitalized to risk-weighted assets	6.50%	6.50%
Tier 1 leverage capital required to be well capitalized to average assets	5.00%	5.00%

Note 21 - Unaudited Quarterly R

Note 21 - Unaudited Quarterly Results of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2019		Sep. 30, 2019		Jun. 30, 2019		Mar. 31, 2019		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Unaudited Quarterly Results Of Operations [Abstract]
Interest income	$ 11,600		$ 11,817		$ 11,712		$ 11,289		$ 11,203		$ 10,926		$ 10,562		$ 10,509		$ 46,418	$ 43,200	$ 38,102
Interest expense	2,435		2,635		2,601		2,453		2,383		2,222		1,862		1,718		10,124	8,185	5,680
Net interest income	9,165		9,182		9,111		8,836		8,820		8,704		8,700		8,791		36,294	35,015	32,422
Provision for (credit to) loan losses	375		550		150		225		187		568		187		188		1,300	1,130	1,400
Non-interest income	2,210		2,144		1,654		2,309		144		2,227		1,454		1,067		8,317	4,892	6,887
Non-interest expense	7,632		6,955		6,793		6,724		6,789		6,385		6,533		6,178		28,104	25,885	23,720
Income before income taxes	3,368		3,821		3,822		4,196		1,988		3,978		3,434		3,492		15,207	12,892	14,189
Provision for income taxes	623		731		679		817		(339)		767		572		557		2,850	1,557	5,900
Net income	$ 2,745		$ 3,090		$ 3,143		$ 3,379		$ 2,327		$ 3,211		$ 2,862		$ 2,935		$ 12,357	$ 11,335	$ 8,289
Earnings Per Share - basic	$ 0.78	[1]	$ 0.88	[1]	$ 0.90	[1]	$ 0.97	[1]	$ 0.67	[1]	$ 0.93	[1]	$ 0.83	[1]	$ 0.85	[1]	$ 3.53	$ 3.27	$ 2.42
Earnings Per Share - diluted	$ 0.78	[1]	$ 0.88	[1]	$ 0.90	[1]	$ 0.97	[1]	$ 0.67	[1]	$ 0.92	[1]	$ 0.82	[1]	$ 0.85	[1]	$ 3.53	$ 3.25	$ 2.41
[1]	Due to rounding, quarterly earnings per share may not sum to annual earnings per share