Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2024 | Aug. 13, 2024 | |
Document Information [Line Items] | ||
Entity Central Index Key | 0000836147 | |
Entity Registrant Name | Middlefield Banc Corp. | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2024 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Jun. 30, 2024 | |
Document Transition Report | false | |
Entity File Number | 001-36613 | |
Entity Incorporation, State or Country Code | OH | |
Entity Tax Identification Number | 34-1585111 | |
Entity Address, Address Line One | 15985 East High Street | |
Entity Address, City or Town | Middlefield | |
Entity Address, State or Province | OH | |
Entity Address, Postal Zip Code | 44062-0035 | |
City Area Code | 440 | |
Local Phone Number | 632-1666 | |
Title of 12(b) Security | Common Stock, Without Par Value | |
Trading Symbol | MBCN | |
Security Exchange Name | NASDAQ | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 8,071,032 |
Consolidated Balance Sheet (Una
Consolidated Balance Sheet (Unaudited) - USD ($) | Jun. 30, 2024 | Dec. 31, 2023 |
ASSETS | ||
Cash and due from banks | $ 50,496,000 | $ 56,397,000 |
Federal funds sold | 1,762,000 | 4,439,000 |
Cash and cash equivalents | 52,258,000 | 60,836,000 |
Investment securities available for sale, at fair value | 166,424,000 | 170,779,000 |
Other investments | 881,000 | 955,000 |
Loans: | ||
Loans | 1,497,704,000 | 1,478,130,000 |
Less: allowance for credit losses | 21,795,000 | 21,693,000 |
Net loans | 1,475,909,000 | 1,456,437,000 |
Premises and equipment, net | 20,744,000 | 21,339,000 |
Goodwill | 36,356,000 | 36,356,000 |
Core deposit intangibles | 6,126,000 | 6,642,000 |
Bank-owned life insurance | 34,802,000 | 34,349,000 |
Accrued interest receivable and other assets | 34,686,000 | 35,190,000 |
TOTAL ASSETS | 1,828,186,000 | 1,822,883,000 |
LIABILITIES | ||
Noninterest-bearing demand | 387,024,000 | 401,384,000 |
Interest-bearing demand | 206,542,000 | 205,582,000 |
Money market | 355,630,000 | 274,682,000 |
Savings | 192,472,000 | 210,639,000 |
Time | 327,876,000 | 334,315,000 |
Total deposits | 1,469,544,000 | 1,426,602,000 |
Federal Home Loan Bank advances | 125,000,000 | 163,000,000 |
Other borrowings | 11,762,000 | 11,862,000 |
Accrued interest payable and other liabilities | 15,092,000 | 15,738,000 |
TOTAL LIABILITIES | 1,621,398,000 | 1,617,202,000 |
STOCKHOLDERS' EQUITY | ||
Common stock, no par value; 25,000,000 shares authorized, 9,946,454 and 9,930,704 shares issued; 8,067,144 and 8,095,252 shares outstanding | 161,823,000 | 161,388,000 |
Retained earnings | 105,342,000 | 100,237,000 |
Accumulated other comprehensive loss | (19,468,000) | (16,090,000) |
Treasury stock, at cost; 1,879,310 and 1,835,452 shares | (40,909,000) | (39,854,000) |
TOTAL STOCKHOLDERS' EQUITY | 206,788,000 | 205,681,000 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 1,828,186,000 | 1,822,883,000 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | ||
Loans: | ||
Loans | 182,809,000 | 183,545,000 |
Less: allowance for credit losses | 2,058,000 | 2,668,000 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||
Loans: | ||
Loans | 385,648,000 | 401,580,000 |
Less: allowance for credit losses | 7,981,000 | 4,480,000 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | ||
Loans: | ||
Loans | 86,951,000 | 82,506,000 |
Less: allowance for credit losses | 1,268,000 | 1,796,000 |
Residential Portfolio Segment [Member] | ||
Loans: | ||
Loans | 337,121,000 | 328,854,000 |
Less: allowance for credit losses | 4,891,000 | 5,450,000 |
Commercial And Industrial [Member] | ||
Loans: | ||
Loans | 234,702,000 | 221,508,000 |
Less: allowance for credit losses | 2,430,000 | 4,377,000 |
Home Equity Lines of Credit [Member] | ||
Loans: | ||
Loans | 131,047,000 | 127,818,000 |
Less: allowance for credit losses | 813,000 | 750,000 |
Construction and Other [Member] | ||
Loans: | ||
Loans | 132,530,000 | 125,105,000 |
Less: allowance for credit losses | 2,290,000 | 1,990,000 |
Consumer Portfolio Segment [Member] | ||
Loans: | ||
Loans | 6,896,000 | 7,214,000 |
Less: allowance for credit losses | $ 64,000 | $ 182,000 |
Consolidated Balance Sheet (U_2
Consolidated Balance Sheet (Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Common stock, par value (in dollars per share) | $ 0 | $ 0 |
Common stock, shares authorized (in shares) | 25,000,000 | 25,000,000 |
Common stock, shares issued (in shares) | 9,946,454 | 9,930,704 |
Common stock, shares outstanding (in shares) | 8,067,144 | 8,095,252 |
Treasury Stock (in shares) | 1,879,310 | 1,835,452 |
Consolidated Statement of Incom
Consolidated Statement of Income (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | ||
INTEREST AND DIVIDEND INCOME | |||||
Interest and fees on loans | $ 23,422,000 | $ 20,762,000 | $ 45,817,000 | $ 39,037,000 | |
Interest-earning deposits in other institutions | 386,000 | 369,000 | 823,000 | 620,000 | |
Federal funds sold | 122,000 | 158,000 | 274,000 | 411,000 | |
Investment securities: | |||||
Taxable interest | 505,000 | 479,000 | 972,000 | 937,000 | |
Tax-exempt interest | 966,000 | 978,000 | 1,938,000 | 1,958,000 | |
Dividends on stock | 198,000 | 91,000 | 387,000 | 179,000 | |
Total interest and dividend income | 25,599,000 | 22,837,000 | 50,211,000 | 43,142,000 | |
INTEREST EXPENSE | |||||
Deposits | 8,423,000 | 3,851,000 | 15,889,000 | 6,841,000 | |
Short-term borrowings | 1,920,000 | 1,462,000 | 3,913,000 | 2,114,000 | |
Other borrowings | 173,000 | 170,000 | 357,000 | 326,000 | |
Total interest expense | 10,516,000 | 5,483,000 | 20,159,000 | 9,281,000 | |
NET INTEREST INCOME | 15,083,000 | 17,354,000 | 30,052,000 | 33,861,000 | |
Provision for (recovery of) credit losses | 87,000 | 814,000 | (49,000) | 1,321,000 | |
NET INTEREST INCOME AFTER PROVISON FOR (RECOVERY OF) CREDIT LOSSES | 14,996,000 | 16,540,000 | 30,101,000 | 32,540,000 | |
NONINTEREST INCOME | |||||
Loss on equity securities | [1] | (27,000) | (67,000) | (79,000) | (205,000) |
Gain on other real estate owned | [1] | 0 | 0 | 0 | 2,000 |
Earnings on bank-owned life insurance | [1] | 227,000 | 220,000 | 454,000 | 420,000 |
Gain on sale of loans | [1] | 69,000 | 6,000 | 79,000 | 29,000 |
Revenue from investment services | 269,000 | 174,000 | 473,000 | 359,000 | |
Gross rental income | [1] | 0 | 77,000 | 67,000 | 179,000 |
Total noninterest income | 1,760,000 | 1,592,000 | 3,556,000 | 3,270,000 | |
NONINTEREST EXPENSE | |||||
Salaries and employee benefits | 6,111,000 | 6,019,000 | 12,444,000 | 11,871,000 | |
Occupancy expense | 601,000 | 659,000 | 1,153,000 | 1,355,000 | |
Equipment expense | 261,000 | 354,000 | 501,000 | 672,000 | |
Data processing and information technology costs | 1,168,000 | 1,137,000 | 2,417,000 | 2,207,000 | |
Ohio state franchise tax | 397,000 | 398,000 | 794,000 | 783,000 | |
Federal deposit insurance expense | 256,000 | 249,000 | 507,000 | 369,000 | |
Professional fees | 557,000 | 550,000 | 1,115,000 | 1,088,000 | |
Advertising expense | 508,000 | 415,000 | 927,000 | 901,000 | |
Software amortization expense | 21,000 | 23,000 | 43,000 | 49,000 | |
Core deposit intangible amortization | 258,000 | 265,000 | 516,000 | 529,000 | |
Gross other real estate owned expenses | 0 | 63,000 | 99,000 | 195,000 | |
Merger-related costs | 0 | 206,000 | 0 | 449,000 | |
Other expense | 1,764,000 | 1,716,000 | 3,351,000 | 3,378,000 | |
Total noninterest expense | 11,902,000 | 12,054,000 | 23,867,000 | 23,846,000 | |
Income before income taxes | 4,854,000 | 6,078,000 | 9,790,000 | 11,964,000 | |
Income taxes | 690,000 | 986,000 | 1,459,000 | 1,975,000 | |
NET INCOME | $ 4,164,000 | $ 5,092,000 | $ 8,331,000 | $ 9,989,000 | |
EARNINGS PER SHARE | |||||
Basic (in dollars per share) | $ 0.52 | $ 0.63 | $ 1.04 | $ 1.23 | |
Diluted (in dollars per share) | $ 0.52 | $ 0.63 | $ 1.03 | $ 1.23 | |
Deposit Account [Member] | |||||
NONINTEREST INCOME | |||||
Noninterest income revenue | $ 971,000 | $ 940,000 | $ 1,880,000 | $ 1,926,000 | |
Financial Service, Other [Member] | |||||
NONINTEREST INCOME | |||||
Noninterest income revenue | $ 251,000 | $ 242,000 | $ 682,000 | $ 560,000 | |
[1]Not within scope of ASC 606 |
Consolidated Statement of Compr
Consolidated Statement of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Net income | $ 4,164 | $ 5,092 | $ 8,331 | $ 9,989 |
Other comprehensive (loss) income: | ||||
Unrealized holding gain (loss) on securities available for sale | (1,693) | (1,743) | (4,276) | 1,916 |
Tax effect | 355 | 366 | 898 | (402) |
Total other comprehensive (loss) income | (1,338) | (1,377) | (3,378) | 1,514 |
Comprehensive income | $ 2,826 | $ 3,715 | $ 4,953 | $ 11,503 |
Consolidated Statement of Chang
Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Treasury Stock, Common [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Common Stock [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Treasury Stock, Common [Member] | Total |
Balance (in shares) at Dec. 31, 2022 | 9,916,466 | |||||||||
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 | $ (4,421) | $ (4,421) | ||||||||
Balance at Dec. 31, 2022 | $ 161,029 | $ 94,154 | $ (22,144) | $ (35,348) | $ 197,691 | |||||
Net income | 9,989 | 9,989 | ||||||||
Other comprehensive loss | 1,514 | 1,514 | ||||||||
Cash dividends | (3,222) | (3,222) | ||||||||
Authorization of additional common shares | $ 37 | 37 | ||||||||
Balance (in shares) at Jun. 30, 2023 | 9,924,245 | |||||||||
Balance at Jun. 30, 2023 | $ 161,211 | 96,500 | (20,630) | (39,854) | 197,227 | |||||
Stock-based compensation, net (in shares) | 7,779 | |||||||||
Stock-based compensation, net | $ 219 | 219 | ||||||||
Common shares repurchased | (4,506) | (4,506) | ||||||||
Authorization of additional common shares | $ (37) | (37) | ||||||||
Balance (in shares) at Mar. 31, 2023 | 9,924,245 | |||||||||
Balance at Mar. 31, 2023 | $ 161,248 | 93,024 | (19,253) | (39,854) | 195,165 | |||||
Net income | 5,092 | 5,092 | ||||||||
Other comprehensive loss | (1,377) | (1,377) | ||||||||
Cash dividends | (1,616) | (1,616) | ||||||||
Authorization of additional common shares | $ (37) | (37) | ||||||||
Balance (in shares) at Jun. 30, 2023 | 9,924,245 | |||||||||
Balance at Jun. 30, 2023 | $ 161,211 | 96,500 | (20,630) | (39,854) | 197,227 | |||||
Authorization of additional common shares | $ 37 | $ 37 | ||||||||
Balance (in shares) at Dec. 31, 2023 | 9,930,704 | 8,095,252 | ||||||||
Balance at Dec. 31, 2023 | $ 161,388 | 100,237 | (16,090) | (39,854) | $ 205,681 | |||||
Net income | 8,331 | 8,331 | ||||||||
Other comprehensive loss | (3,378) | (3,378) | ||||||||
Cash dividends | (3,226) | $ (3,226) | ||||||||
Balance (in shares) at Jun. 30, 2024 | 9,946,454 | 8,067,144 | ||||||||
Balance at Jun. 30, 2024 | $ 161,823 | 105,342 | (19,468) | (40,909) | $ 206,788 | |||||
Stock-based compensation, net (in shares) | 15,750 | |||||||||
Stock-based compensation, net | $ 435 | 435 | ||||||||
Common shares repurchased | (1,055) | (1,055) | ||||||||
Balance (in shares) at Mar. 31, 2024 | 9,946,454 | |||||||||
Balance at Mar. 31, 2024 | $ 161,823 | 102,791 | (18,130) | (40,909) | 205,575 | |||||
Net income | 4,164 | 4,164 | ||||||||
Other comprehensive loss | (1,338) | (1,338) | ||||||||
Cash dividends | (1,613) | $ (1,613) | ||||||||
Balance (in shares) at Jun. 30, 2024 | 9,946,454 | 8,067,144 | ||||||||
Balance at Jun. 30, 2024 | $ 161,823 | $ 105,342 | $ (19,468) | $ (40,909) | $ 206,788 |
Consolidated Statement of Cha_2
Consolidated Statement of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Retained Earnings [Member] | ||||
Cash dividends per share (in dollars per share) | $ 0.2 | $ 0.2 | $ 0.4 | $ 0.4 |
Common shares repurchased (in shares) | 43,858 | 43,858 | 164,221 |
Consolidated Statement of Cash
Consolidated Statement of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | ||
OPERATING ACTIVITIES | |||
Net income | $ 8,331,000 | $ 9,989,000 | |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Provision for (recovery of) credit losses | (49,000) | 1,321,000 | |
Loss on equity securities | [1] | 79,000 | 205,000 |
Software amortization expense | 43,000 | 49,000 | |
Amortization of premium and discount on investment securities, net | 279,000 | 306,000 | |
Amortization of core deposit intangibles | 516,000 | 529,000 | |
Depreciation, amortization, and accretion, net | (110,000) | 361,000 | |
Stock-based compensation, net | 43,000 | 64,000 | |
Origination of loans held for sale | (2,611,000) | (2,577,000) | |
Proceeds from sale of loans held for sale | 2,690,000 | 2,435,000 | |
Gain on sale of loans held for sale | (79,000) | (29,000) | |
Earnings on bank-owned life insurance | [1] | (454,000) | (420,000) |
Deferred income tax (benefit) | (124,000) | 3,000 | |
Gains on other real estate owned | 0 | (2,000) | |
Increase in accrued interest receivable | (251,000) | (452,000) | |
Increase in accrued interest payable | 3,336,000 | 679,000 | |
Other, net | (2,836,000) | (636,000) | |
Net cash provided by operating activities | 8,803,000 | 11,825,000 | |
INVESTING ACTIVITIES | |||
Proceeds from repayments and maturities | 1,698,000 | 1,368,000 | |
Purchases | (1,898,000) | (2,000,000) | |
Purchase of other investments | (5,000) | 0 | |
Increase in loans, net | (18,576,000) | (60,930,000) | |
Proceeds from the sale of other real estate owned | 0 | 31,000 | |
Purchase of premises and equipment | (196,000) | (553,000) | |
Purchase of restricted stock | (723,000) | (3,923,000) | |
Redemption of restricted stock | 1,758,000 | 2,653,000 | |
Net cash used in investing activities | (17,942,000) | (63,354,000) | |
FINANCING ACTIVITIES | |||
Net increase in deposits | 42,942,000 | 29,622,000 | |
Net (decrease) increase in short-term borrowings | (38,000,000) | 35,000,000 | |
Repayment of other borrowings | (100,000) | (98,000) | |
Repurchase of common shares | (1,055,000) | (4,506,000) | |
Cash dividends | (3,226,000) | (3,222,000) | |
Net cash provided by financing activities | 561,000 | 56,796,000 | |
(Decrease) increase in cash and cash equivalents | (8,578,000) | 5,267,000 | |
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 60,836,000 | 53,809,000 | |
CASH AND CASH EQUIVALENTS AT END OF PERIOD | 52,258,000 | 59,076,000 | |
SUPPLEMENTAL INFORMATION | |||
Interest on deposits and borrowings | 16,823,000 | 8,602,000 | |
Income taxes | 1,807,000 | 2,605,000 | |
Purchased loan fair value adjustment | $ 0 | $ 4,462,000 | |
[1]Not within scope of ASC 606 |
Note 1 - Basis of Presentation
Note 1 - Basis of Presentation | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Significant Accounting Policies [Text Block] | NOTE 1 Principles of Consolidation and Basis of Presentation The consolidated financial statements of Middlefield Banc Corp. ("Company") include its bank subsidiary, The Middlefield Banking Company (“MBC” or “Bank”), and a nonbank asset resolution subsidiary EMORECO, Inc. The consolidated financial statements also include the accounts of MBC’s subsidiaries, Middlefield Investments, Inc. (“MI”) and MB Insurance Services (“MIS”). All significant inter-company items have been eliminated. On March 13, 2019, June 30, 2024 may may not first 2022, June 30, 2024 December 1, 2022, not January 19, 2024. The unaudited consolidated financial statements have been prepared in conformity with the instructions to Form 10 10 not 10 December 31, 2023. not may The Company’s significant accounting policies involve the more significant judgments and assumptions used in the preparation of the consolidated financial statements as of June 30, 2024 Investments Management determines the appropriate classification of investment securities at the time of purchase and re-evaluates such designation as of each balance sheet date. Investment securities classified as available for sale are those securities that the Bank intends to hold for an indefinite period of time but not Investment securities classified as held to maturity are those securities the Bank has both the intent and ability to hold to maturity regardless of changes in market conditions, liquidity needs, or changes in general economic conditions. These securities are carried at cost, adjusted for the amortization of premium and accretion of discount, and computed by a method that approximates the interest method over the terms of the securities. As of June 30, 2024 not Equity securities, which are included in other investments on the Consolidated Balance Sheet, are measured at fair value with changes in fair value recognized in net income. The Bank adopted ASU No. 2016 13 , Financial Instruments - Credit Loses - Topic ( 326 2016 13" , January 1, 2023. not not not The allowance for credit losses is included within investment securities available for sale on the Consolidated Balance Sheet. Changes in the allowance for credit losses are recorded within the provision for credit losses on the Consolidated Statement of Income. Losses are charged against the allowance when the Bank believes the collectability of an available-for-sale security is in jeopardy or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on available-for-sale investment securities totaled $1.7 million on June 30, 2024 90 Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of unearned income, which includes net deferred loan fees and costs and unamortized premiums and discounts. Accrued interest receivable is included within accrued interest receivable and other assets on the Consolidated Balance Sheet. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loans’ yield (interest income). The Bank amortizes these amounts over the contractual life of the loan. Premiums and discounts on purchased loans are amortized as adjustments to interest income using the effective yield method. Interest income is primarily recognized on an accrual basis according to formulas in written contracts, such as loan agreements. The loan portfolio is segmented into commercial and consumer loans. Commercial loans consist of the following classes: commercial construction, commercial and industrial loans, and commercial real estate loans. Consumer loans consist of the following classes: residential real estate loans, home equity loans, and consumer loans. For all classes of loans, the accrual of interest is discontinued when the contractual payment of principal or interest has become 90 may no The Bank adopted ASU 2016 13 , January 1, 2023. not The ACL is an estimate of expected credit losses, measured over the contractual life of a loan, that considers our historical loss experience, current conditions, and forecasts of future economic conditions. Determination of an appropriate ACL is inherently subjective and may Management uses a discounted cash flow ("DCF") model to calculate the present value of the expected cash flows for pools of loans that share similar risk characteristics and compares the results of this calculation to the amortized cost basis to determine its ACL balance. The contractual term used in projecting the cash flows of a loan is based on the maturity date of a loan and is adjusted for prepayment or curtailment assumptions, which may The key inputs to the DCF model are ( 1 2 3 4 5 6 7 Probability of Default ("PD") In order to incorporate economic factors into forecasting within the DCF model, management elected to use the Loss Driver method to generate the PD rate inputs. The Loss Driver method analyzes how one Loss Given Default ("LGD") Management elected to use the Frye Jacobs parameter for determining the LGD input, which is an estimation technique that derives an LGD input from segment-specific risk curves that correlate LGD with PD. Prepayment and Curtailment Rates Prepayment Rates: Loan-level transaction data is used to calculate semi-annual prepayment rates. These semi-annual rates are annualized, and the average of the annualized rates is used in the DCF calculation for fixed payments or term loans. Rates are calculated for each pool. Curtailment Rates: Loan-level transaction data is used to calculate annual curtailment rates using available historical loan-level data. The average of the historical rates is used in the DCF model for interest-only payment or line-of-credit type loans. Rates are calculated for each pool. Reasonable and Supportable Forecasts The forecast data used in the DCF model is obtained via a subscription to a widely recognized and relied-upon company that publishes various forecast scenarios. Management evaluates the various scenarios to determine a reasonable and supportable forecast. Forecast Reversion Period Management uses forecasts to predict how economic factors will perform and has determined to use a four eight Expected Recoveries on Charged-off Loans Management performs an analysis to estimate recoveries that could be reasonably expected based on historical experience in order to account for expected recoveries on loans that have already been fully charged off and are not Discount Rate The effective interest rate of the underlying loans of the Company serves as the discount rate applied to the expected periodic cash flows. Management adjusts the effective interest rate used to discount expected cash flows to incorporate expected prepayments. Individual Evaluation Management evaluates individual instruments for expected credit losses when those instruments do not not The allowance for credit losses is measured on a collective (pool) basis when similar risk characteristics exist. The Company’s loan portfolio is segmented to a level that allows management to monitor risk and performance. The portfolio is segmented into Commercial Real Estate (“CRE”), which is further segmented into Owner Occupied (“CRE OO”), Non-owner Occupied (“CRE NOO”), and Multifamily Residential, Residential Real Estate (“RRE”), Commercial and Industrial (“C&I”), Home Equity Lines of Credit (“HELOC”), Construction and Other (“Construction”), and Consumer Installment Loans. The CRE loan segments consist of loans made to finance the activities of CRE owners and operators and certain agricultural loans. The RRE and HELOC loan segments consist of loans made to finance the activities of residential homeowners. The C&I loan segment consists of loans made to finance the activities of commercial customers and certain agricultural loans. The consumer loan segment consists primarily of installment loans and overdraft lines of credit connected with customer deposit accounts. Historical credit loss experience is the basis for the estimation of expected credit losses. We apply historical loss rates to pools of loans with similar risk characteristics. After consideration of the historic loss calculation, management applies qualitative adjustments to reflect the current conditions and reasonable and supportable forecasts not The Bank has elected to exclude accrued interest receivable from the measurement of its ACL. When a loan is placed on nonaccrual status, any outstanding accrued interest is reversed against interest income. The ACL calculation for individual loans begins with the use of normal credit review procedures to identify whether a loan no third 2023, 1 2 3 not three 1 2 3 not The Bank adopted ASU No. 2016 13 January 1, 2023. Reclassification of Comparative Amounts Certain comparative amounts for prior years have been reclassified to conform to current-year presentations. Such reclassifications did not Accounting Pronouncements Adopted in 2024 In March 2023, 2023 02, Equity Method and Joint Ventures (Topic 323 January 1, 2024, 2023 02. not Recent Accounting Pronouncements In January 2020, 2020 04, Reference Rate Reform (Topic 848 March 2020 not not one 2022 06, 848 848 December 2022, December 2022, 2020 04 December 31, 2022 December 31, 2024. not In June 2022, 2022 03, Fair Value Measurement (Topic 820 not not December 15, 2024. not In November 2023, 2023 07, Segment Reporting (Topic 280 280. 280 820. December 15, 2023, December 15, 2024. not In December 2023, 2023 09, Income Taxes (Topic 740 December 15, 2024. not In March 2024, 2024 01, Compensation Stock Compensation (Topic 718 718 December 15, 2024, |
Note 2 - Revenue Recognition
Note 2 - Revenue Recognition | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Revenue from Contract with Customer [Text Block] | NOTE 2 REVENUE RECOGNITION Following ASC Topic 606, Revenue from Contracts with Customers (Topic 606 not 606. six June 30, 2024 The main types of noninterest income within the scope of the standard are as follows: Service charges on deposit accounts Revenue from investment services Miscellaneous fee income The following table depicts the disaggregation of revenue derived from contracts with customers to depict the nature, amount, timing, and uncertainty of revenue and cash flows: For the Three Months Ended June 30, For the Six Months Ended June 30, Noninterest Income 2024 2023 2024 2023 (Dollar amounts in thousands) Service charges on deposit accounts: Overdraft fees $ 248 $ 229 $ 497 $ 476 ATM banking fees 491 491 932 963 Service charges and other fees 232 220 451 487 Loss on equity securities ⁽ª⁾ (27 ) (67 ) (79 ) (205 ) Gain on sale of other real estate owned ⁽ª⁾ - - - 2 Earnings on bank-owned life insurance ⁽ª⁾ 227 220 454 420 Gain on sale of loans ⁽ª⁾ 69 6 79 29 Revenue from investment services 269 174 473 359 Miscellaneous fee income 101 97 195 185 Gross rental income ⁽ª⁾ - 77 67 179 Other income 150 145 487 375 Total noninterest income $ 1,760 $ 1,592 $ 3,556 $ 3,270 (a) Not 606 |
Note 3 - Earnings Per Share
Note 3 - Earnings Per Share | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | NOTE 3 The Company provides a dual presentation of basic and diluted earnings per share. Basic earnings per share is calculated by dividing net income by the average shares outstanding. Diluted earnings per share adds the dilutive effects of restricted stock to average shares outstanding. The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation. For the Three For the Six Months Ended Months Ended June 30, June 30, 2024 2023 2024 2023 Weighted-average common shares outstanding 9,946,454 9,924,245 9,944,025 9,922,895 Average treasury stock shares (1,879,310 ) (1,835,452 ) (1,864,851 ) (1,809,250 ) Weighted-average common shares and common stock equivalents used to calculate basic earnings per share 8,067,144 8,088,793 8,079,174 8,113,645 Additional common stock equivalents (stock options and restricted stock) used to calculate diluted earnings per share 5,355 13,191 5,355 13,191 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share 8,072,499 8,101,984 8,084,529 8,126,836 On June 30, 2024 On June 30, 2023 When shares recognized as equity are repurchased, the amount of the consideration paid, which includes directly attributable costs, is recognized as a deduction from equity. Repurchased shares are classified as treasury shares and are presented in the treasury share reserve. The reserve for the Company’s treasury shares comprises the cost of the Company’s shares held by the Company. As of June 30, 2024 June 30, 2023 |
Note 4 - Accumulated Other Comp
Note 4 - Accumulated Other Comprehensive (Loss) Income | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Comprehensive Income (Loss) Note [Text Block] | NOTE 4 The following table presents the changes in accumulated other comprehensive (loss) income (“AOCI”) by component, net of tax, for the three six June 30, 2024 2023 (Dollars in thousands) Unrealized (losses)/gains on securities available-for-sale Balance at March 31, 2024 $ (18,130 ) Other comprehensive loss⁽ª⁾ (1,338 ) Balance at June 30, 2024 $ (19,468 ) Balance at December 31, 2023 $ (16,090 ) Other comprehensive loss⁽ª⁾ (3,378 ) Balance at June 30, 2024 $ (19,468 ) (Dollars in thousands) Unrealized (losses)/gains on securities available-for-sale Balance at March 31, 2023 $ (19,253 ) Other comprehensive loss⁽ª⁾ (1,377 ) Balance at June 30, 2023 $ (20,630 ) Balance at December 31, 2022 $ (22,144 ) Other comprehensive income⁽ª⁾ 1,514 Balance at June 30, 2023 $ (20,630 ) (a) All amounts are net of tax. There were no three six June 30, 2024 2023 |
Note 5 - Fair Value Measurement
Note 5 - Fair Value Measurements | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | NOTE 5 Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. GAAP establishes a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following levels: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no not two This hierarchy requires the use of observable market data when available. The following tables present the assets measured at fair value on a recurring basis on the Consolidated Balance Sheet by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. June 30, 2024 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a recurring basis: Subordinated debt $ - $ 25,320 $ 6,610 $ 31,930 Obligations of states and political subdivisions - 126,688 - 126,688 Mortgage-backed securities in government-sponsored entities - 7,806 - 7,806 Total investment securities available for sale - 159,814 6,610 166,424 Equity securities 760 - - 760 Total $ 760 $ 159,814 $ 6,610 $ 167,184 December 31, 2023 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a recurring basis: Subordinated debt $ - $ 23,118 $ 8,801 $ 31,919 Obligations of states and political subdivisions - 132,542 - 132,542 Mortgage-backed securities in government-sponsored entities - 6,318 - 6,318 Total investment securities available for sale - 161,978 8,801 170,779 Equity securities 814 - - 814 Total $ 814 $ 161,978 $ 8,801 $ 171,593 Investment Securities Available for Sale An independent pricing service provides the Company fair values determined by pricing models using a market approach that considers observable market data, such as interest rate volatilities, benchmarked yield curve, credit spreads and prices from market makers and live trading systems (Level II). Level III securities are assets whose fair value cannot be determined by using observable measures. The inputs to the valuation methodology of these securities are unobservable and significant to the fair value measurement. Currently, this category includes certain subordinated debt investments that are valued based on the discounted cash flow approach assuming a yield curve of similarly structured instruments. While the Company believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of specific financial instruments could result in a different estimate of fair value at the reporting date. 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 not may Equity Securities no not The following table presents the fair value reconciliation of Level III assets measured at fair value on a recurring basis. Subordinated debt (Dollar amounts in thousands) June 30, 2024 December 31, 2023 Beginning of year $ 8,801 $ 8,737 Purchases, sales, settlements: Purchases - 1,000 Transfers out of Level III (1) (2,250 ) (1,000 ) Net change in unrealized loss on investment securities available-for-sale 59 64 Balance at end of period $ 6,610 $ 8,801 ( 1 Transfers between hierarchy levels are based on the availability of sufficient observable inputs to meet Level II versus Level III criteria. The level designation of each financial instrument is reassessed at the end of each period. The following table presents the assets measured at fair value on a non-recurring basis on the Consolidated Balance Sheet by level within the fair value hierarchy. June 30, 2024 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ - $ - $ 3,849 $ 3,849 December 31, 2023 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ - $ - $ 3,361 $ 3,361 Collateral-Dependent Loans third may not not June 30, 2024 December 31, 2023 The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis and for which the Company uses Level III inputs to determine fair value: Quantitative Information about Level III Fair Value Measurements (Dollar amounts in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2024 Collateral-dependent loans $ 3,849 Appraisal of collateral (1) Appraisal adjustments (2) 21.4 % Quantitative Information about Level III Fair Value Measurements (Dollar amounts in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2023 Collateral-dependent loans $ 3,361 Appraisal of collateral (1) Appraisal adjustments (2) 20.1 % ( 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level III inputs that are not ( 2 Appraisals may The estimated fair value of the Company’s financial instruments not June 30, 2024 Carrying Total Value Level I Level II Level III Fair Value (Dollar amounts in thousands) Financial assets: Net loans $ 1,475,909 $ - $ - $ 1,418,616 $ 1,418,616 Mortgage servicing rights 1,554 2,642 2,642 Financial liabilities: Non-maturing deposits $ 1,141,668 $ 1,141,668 $ - $ - $ 1,141,668 Time deposits 327,876 - - 327,876 327,876 Other borrowings 11,762 - - 11,762 11,762 December 31, 2023 Carrying Total Value Level I Level II Level III Fair Value (Dollar amounts in thousands) Financial assets: Net loans $ 1,456,437 $ - $ - $ 1,370,657 $ 1,370,657 Mortgage servicing rights 1,636 2,781 2,781 Financial liabilities: Non-maturing deposits $ 1,092,287 $ 1,092,287 $ - $ - $ 1,092,287 Time deposits 334,315 - - 331,638 331,638 Other borrowings 11,862 - - 11,862 11,862 Included within other borrowings is an $8.2 million note payable, which matures in December 2037. In addition to the financial instruments included in the above tables, cash and cash equivalents, bank-owned life insurance, Federal Home Loan Bank (the “FHLB”) stock, other investments, accrued interest receivable, FHLB advances, finance lease liabilities, and accrued interest payable, are carried at cost, which approximates the fair value of the instruments. |
Note 6 - Investments and Equity
Note 6 - Investments and Equity Securities | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | NOTE 6 INVESTMENT AND EQUITY SECURITIES The amortized cost and fair values of investment securities available for sale are as follows: June 30, 2024 Gross Gross Amortized Unrealized Unrealized Fair (Dollar amounts in thousands) Cost (a) Gains Losses Value Subordinated debt $ 34,300 $ 57 $ (2,427 ) $ 31,930 Obligations of states and political subdivisions: Tax-exempt 148,254 7 (21,573 ) 126,688 Mortgage-backed securities in government-sponsored entities 8,513 12 (719 ) 7,806 Total $ 191,067 $ 76 $ (24,719 ) $ 166,424 (a) Amortized cost excludes accrued interest receivable of $1.7 million for the period ending June 30, 2024 December 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair (Dollar amounts in thousands) Cost (a) Gains Losses Value Subordinated debt $ 34,300 $ 70 $ (2,451 ) $ 31,919 Obligations of states and political subdivisions: Tax-exempt 149,881 153 (17,492 ) 132,542 Mortgage-backed securities in government-sponsored entities 6,965 - (647 ) 6,318 Total $ 191,146 $ 223 $ (20,590 ) $ 170,779 (a) Amortized cost excludes accrued interest receivable of $1.7 million for the period ending December 31, 2023 The amortized cost and fair value of investment securities at June 30, 2024 may Amortized Fair (Dollar amounts in thousands) Cost Value Due in one year or less $ 3 $ 3 Due after one year through five years 6,009 5,826 Due after five years through ten years 54,200 50,786 Due after ten years 130,855 109,809 Total $ 191,067 $ 166,424 There were no six June 30, 2024 December 31, 2023 Investment securities with an approximate carrying value of $116.4 million and $118.8 million on June 30, 2024 December 31, 2023 The following table shows the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. June 30, 2024 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (Dollar amounts in thousands) Value Losses Value Losses Value Losses Subordinated debt $ 10,376 $ (374 ) $ 20,496 $ (2,053 ) $ 30,872 $ (2,427 ) Obligations of states and political subdivisions: Tax-exempt 17,093 (290 ) 103,085 (21,283 ) 120,178 (21,573 ) Mortgage-backed securities in government-sponsored entities - - 5,899 (719 ) 5,899 (719 ) Total $ 27,469 $ (664 ) $ 129,480 $ (24,055 ) $ 156,949 $ (24,719 ) December 31, 2023 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (Dollar amounts in thousands) Value Losses Value Losses Value Losses Subordinated debt $ 994 $ (6 ) $ 29,356 $ (2,445 ) $ 30,350 $ (2,451 ) Obligations of states and political subdivisions: Tax-exempt 1,386 (10 ) 106,078 (17,482 ) 107,464 (17,492 ) Mortgage-backed securities in government-sponsored entities 195 (1 ) 6,122 (646 ) 6,317 (647 ) Total $ 2,575 $ (17 ) $ 141,556 $ (20,573 ) $ 144,131 $ (20,590 ) Every quarter, the Company evaluates investment securities with unrealized losses to determine if the decline in fair value has resulted from credit losses or other factors. There were 35 securities in an unrealized loss position for less than twelve twelve June 30, 2024 not not not not not June 30, 2024 no Other investments, which primarily represents equity securities, totaled $881,000 and $955,000 at June 30, 2024 December 31, 2023 three June 30, 2024 2023 No |
Note 7 - Loans and Related Allo
Note 7 - Loans and Related Allowance for Credit Losses | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | NOTE 7 LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES The following table summarizes the loan portfolio by primary segment and class of financial receivable (in thousands) (a)(b) June 30, December 31, 2024 2023 Commercial real estate: Owner occupied $ 182,809 $ 183,545 Non-owner occupied 385,648 401,580 Multifamily 86,951 82,506 Residential real estate 337,121 328,854 Commercial and industrial 234,702 221,508 Home equity lines of credit 131,047 127,818 Construction and other 132,530 125,105 Consumer installment 6,896 7,214 Total loans 1,497,704 1,478,130 Less: Allowance for credit losses (21,795 ) (21,693 ) Net loans $ 1,475,909 $ 1,456,437 (a) Accrued interest of $5.7 million and $5.5 million at June 30, 2024 December 31, 2023 (b) Unearned income, including net deferred loan fees and costs and unamortized premiums and discounts, totaled $8.6 million and $9.2 million at June 30, 2024 December 31, 2023 Allowance for Credit Losses: Loans On January 1, 2023, 2016 13. Management reviews the loan portfolio quarterly using a defined, consistently applied process to make appropriate and timely adjustments to the ACL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged off against the ACL. The following tables summarize the ACL within the primary segments of the loan portfolio and the activity within those segments (in thousands): For the Three Months Ended June 30, 2024 Allowance for Credit Losses Balance Balance March 31, 2024 Charge-offs Recoveries Provision June 30, 2024 Loans: Commercial real estate: Owner occupied $ 2,060 $ - $ - $ (2 ) $ 2,058 Non-owner occupied 7,768 - - 213 7,981 Multifamily 1,204 - - 64 1,268 Residential real estate 4,774 - - 117 4,891 Commercial and industrial 2,038 - 8 384 2,430 Home equity lines of credit 785 - - 28 813 Construction and other 2,373 - - (83 ) 2,290 Consumer installment 67 (6 ) 27 (24 ) 64 Total $ 21,069 $ (6 ) $ 35 $ 697 $ 21,795 For the Three Months Ended June 30, 2023 Allowance for Credit Losses Balance CECL Balance March 31, 2023 Adoption Charge-offs Recoveries Provision June 30, 2023 Loans: Commercial real estate: Owner occupied $ 2,678 $ - $ (46 ) $ 1 $ 780 $ 3,413 Non-owner occupied 4,712 - - - (866 ) 3,846 Multifamily 1,371 - - - (92 ) 1,279 Residential real estate 4,967 - (108 ) - 255 5,114 Commercial and industrial 3,819 - (6 ) 9 282 4,104 Home equity lines of credit 809 - - - (86 ) 723 Construction and other 1,553 - - - 331 1,884 Consumer installment 253 - (3 ) 42 (64 ) 228 Total $ 20,162 $ - $ (163 ) $ 52 $ 540 $ 20,591 For the Six Months Ended June 30, 2024 Allowance for Credit Losses Balance Balance December 31, 2023 Charge-offs Recoveries Provision June 30, 2024 Loans: Commercial real estate: Owner occupied $ 2,668 $ - $ 11 $ (621 ) $ 2,058 Non-owner occupied 4,480 - - 3,501 7,981 Multifamily 1,796 - - (528 ) 1,268 Residential real estate 5,450 - - (559 ) 4,891 Commercial and industrial 4,377 - 16 (1,963 ) 2,430 Home equity lines of credit 750 (7 ) - 70 813 Construction and other 1,990 - - 300 2,290 Consumer installment 182 (6 ) 83 (195 ) 64 Total $ 21,693 $ (13 ) $ 110 $ 5 $ 21,795 For the Six Months Ended June 30, 2023 Allowance for Credit Losses Balance CECL Balance December 31, 2022 Adoption Charge-offs Recoveries Provision June 30, 2023 Loans: Commercial real estate: Owner occupied $ 2,203 $ 811 $ (46 ) $ 3 $ 442 $ 3,413 Non-owner occupied 5,597 (1,206 ) - - (545 ) 3,846 Multifamily 662 591 - - 26 1,279 Residential real estate 2,047 2,744 (108 ) - 431 5,114 Commercial and industrial 1,483 2,320 (60 ) 20 341 4,104 Home equity lines of credit 1,753 (1,031 ) - 70 (69 ) 723 Construction and other 609 956 - - 319 1,884 Consumer installment 84 197 (61 ) 79 (71 ) 228 Total $ 14,438 $ 5,382 $ (275 ) $ 172 $ 874 $ 20,591 The total ACL increased by $102,000, or 0.5%, from December 31, 2023 June 30, 2024 not • Increase in residential real estate, C&I, and construction loans offset by a decrease in the loss rate included in the ACL calculation. • Decrease in non-owner occupied CRE loans offset by an increase in the loss rate included in the ACL calculation. The provision fluctuations during the six June 30, 2023 • Adoption of CECL on January 1, 2023 • Increase in non-owner occupied commercial loans, residential real estate, C&I, and construction loans • Decrease in owner-occupied loans Credit Quality Indicators Management evaluates individual loans in all of the commercial segments for possible impairment based on guidelines established by the Board of Directors. Loans are individually analyzed when, based on current information and events, the Company will probably 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 evaluating credit loss include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. 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 concerning the principal and interest owed. The evaluation of the need and amount of a specific allocation of the allowance and whether a loan can be removed from impairment status is made quarterly. Management uses a nine first five not not not 90 To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Company has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as payment delinquency, bankruptcy, repossession, or death, occurs to raise awareness of a possible credit quality loss. The Company’s Commercial Loan Officers are responsible for the timely and accurate risk rating of the loans in their portfolios at origination and on an ongoing basis. The Credit Department performs an annual review of all commercial relationships with loan balances of $750,000 or greater. Detailed reviews, including plans for resolution, are performed on criticized loans of $150,000 or more on at least a quarterly basis. Loans in the Special Mention and Substandard categories that are collectively evaluated for impairment are given separate consideration in the determination of the allowance. Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following table represents outstanding loan balances by credit quality indicators and vintage year by class of financing receivable and current period gross charge-offs by year of origination as of June 30, 2024 June 30, 2024 Term Loans Amortized Cost Basis by Origination Year Revolving Amortized (Dollar amounts in thousands) 2024 2023 2022 2021 2020 Prior Cost Basis Total Commercial real estate: Owner occupied Pass $ 5,523 $ 20,753 $ 30,965 $ 38,412 $ 25,592 $ 50,059 $ 2,407 $ 173,711 Special Mention - - - 402 - 789 - 1,191 Substandard - - 4,562 - - 3,345 - 7,907 Total Owner occupied $ 5,523 $ 20,753 $ 35,527 $ 38,814 $ 25,592 $ 54,193 $ 2,407 $ 182,809 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Non-owner occupied Pass $ 5,480 $ 43,873 $ 91,055 $ 40,339 $ 20,833 $ 142,187 $ 179 $ 343,946 Special Mention - - 2,508 - - 2,129 - 4,637 Substandard - - 3,991 639 - 32,435 - 37,065 Total Non-owner occupied $ 5,480 $ 43,873 $ 97,554 $ 40,978 $ 20,833 $ 176,751 $ 179 $ 385,648 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Multifamily Pass $ 2,766 $ 28,897 $ 25,488 $ 7,545 $ 10,256 $ 11,953 $ 46 $ 86,951 Total Multifamily $ 2,766 $ 28,897 $ 25,488 $ 7,545 $ 10,256 $ 11,953 $ 46 $ 86,951 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Pass $ 20,935 $ 49,734 $ 55,009 $ 76,884 $ 37,503 $ 94,586 $ 885 $ 335,536 Substandard - - 121 107 - 1,357 - 1,585 Total Residential real estate $ 20,935 $ 49,734 $ 55,130 $ 76,991 $ 37,503 $ 95,943 $ 885 $ 337,121 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial and industrial Pass $ 22,184 $ 42,175 $ 37,492 $ 15,639 $ 22,547 $ 6,558 $ 70,309 $ 216,904 Special Mention - - - - - - 792 792 Substandard 214 5,011 1,013 - 336 105 10,331 17,010 Loss - - - - - (4 ) - (4 ) Total Commercial and industrial $ 22,398 $ 47,186 $ 38,505 $ 15,639 $ 22,883 $ 6,659 $ 81,432 $ 234,702 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Home equity lines of credit Pass $ - $ - $ 155 $ - $ 42 $ 2,016 $ 127,192 $ 129,405 Substandard - - 100 - 35 756 751 1,642 Total Home equity lines of credit $ - $ - $ 255 $ - $ 77 $ 2,772 $ 127,943 $ 131,047 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 7 $ - $ 7 Construction and other Pass $ 3,683 $ 69,283 $ 21,740 $ 15,868 $ 1,447 $ 1,668 $ 10,487 $ 124,176 Special Mention - - 848 2,332 - 243 - 3,423 Substandard - - 2,710 420 - 1,271 530 4,931 Total Construction and other $ 3,683 $ 69,283 $ 25,298 $ 18,620 $ 1,447 $ 3,182 $ 11,017 $ 132,530 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 912 $ 1,399 $ 855 $ 177 $ 58 $ 3,310 $ - $ 6,711 Substandard - - 4 - - 181 - 185 Total Consumer installment $ 912 $ 1,399 $ 859 $ 177 $ 58 $ 3,491 $ - $ 6,896 Current-period gross charge-offs $ - $ - $ - $ 6 $ - $ - $ - $ 6 Total Loans $ 61,697 $ 261,125 $ 278,616 $ 198,764 $ 118,649 $ 354,944 $ 223,909 $ 1,497,704 Pass $ 61,483 $ 256,114 $ 262,759 $ 194,864 $ 118,278 $ 312,337 $ 211,505 $ 1,417,340 Special Mention - - 3,356 2,734 - 3,161 792 10,043 Substandard 214 5,011 12,501 1,166 371 39,450 11,612 70,325 Loss - - - - - (4 ) - (4 ) Total Loans $ 61,697 $ 261,125 $ 278,616 $ 198,764 $ 118,649 $ 354,944 $ 223,909 $ 1,497,704 December 31, 2023 Term Loans Amortized Cost Basis by Origination Year Revolving Amortized (Dollar amounts in thousands) 2023 2022 2021 2020 2019 Prior Cost Basis Total Commercial real estate: Owner occupied Pass $ 14,634 $ 34,850 $ 41,609 $ 25,040 $ 12,304 $ 41,976 $ 2,662 $ 173,075 Special Mention - 2,271 - - 13 799 - 3,083 Substandard - 2,356 - 1,559 146 3,326 - 7,387 Total Owner occupied $ 14,634 $ 39,477 $ 41,609 $ 26,599 $ 12,463 $ 46,101 $ 2,662 $ 183,545 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 46 $ - $ 46 Non-owner occupied Pass $ 43,393 $ 95,098 $ 40,959 $ 22,707 $ 32,405 $ 127,469 $ 504 $ 362,535 Special Mention - 2,508 - - - 2,197 - 4,705 Substandard - - - - 5,237 24,569 - 29,806 Doubtful - - 647 - 3,887 - - 4,534 Total Non-owner occupied $ 43,393 $ 97,606 $ 41,606 $ 22,707 $ 41,529 $ 154,235 $ 504 $ 401,580 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Multifamily Pass $ 29,218 $ 25,776 $ 4,267 $ 10,453 $ 1,391 $ 11,231 $ 104 $ 82,440 Substandard - - - - - 66 - 66 Total Multifamily $ 29,218 $ 25,776 $ 4,267 $ 10,453 $ 1,391 $ 11,297 $ 104 $ 82,506 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Pass $ 50,086 $ 56,180 $ 78,909 $ 39,476 $ 19,418 $ 82,441 $ 672 $ 327,182 Substandard - 127 210 - 24 1,311 - 1,672 Total Residential real estate $ 50,086 $ 56,307 $ 79,119 $ 39,476 $ 19,442 $ 83,752 $ 672 $ 328,854 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 108 $ - $ 108 Commercial and industrial Pass $ 46,918 $ 43,494 $ 17,909 $ 25,143 $ 2,741 $ 6,533 $ 66,842 $ 209,580 Special Mention - - - - - - 184 184 Substandard 13 15 - 353 124 876 10,367 11,748 Loss - - - - - (4 ) - (4 ) Total Commercial and industrial $ 46,931 $ 43,509 $ 17,909 $ 25,496 $ 2,865 $ 7,405 $ 77,393 $ 221,508 Current-period gross charge-offs $ - $ - $ 75 $ - $ 6 $ 4 $ - $ 85 Home equity lines of credit Pass $ - $ 126 $ - $ 16 $ 63 $ 2,097 $ 124,001 $ 126,303 Substandard - 105 - 36 29 583 762 1,515 Total Home equity lines of credit $ - $ 231 $ - $ 52 $ 92 $ 2,680 $ 124,763 $ 127,818 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction and other Pass $ 55,528 $ 23,059 $ 20,246 $ 1,777 $ 5,609 $ 851 $ 9,152 $ 116,222 Special Mention - 3,573 2,371 - 265 - - 6,209 Substandard - - 420 - 1,770 - 484 2,674 Total Construction and other $ 55,528 $ 26,632 $ 23,037 $ 1,777 $ 7,644 $ 851 $ 9,636 $ 125,105 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 1,810 $ 1,088 $ 324 $ 89 $ 74 $ 3,669 $ - $ 7,054 Substandard - 7 - - - 153 - 160 Total Consumer installment $ 1,810 $ 1,095 $ 324 $ 89 $ 74 $ 3,822 $ - $ 7,214 Current-period gross charge-offs $ - $ 25 $ - $ - $ - $ 38 $ - $ 63 Total Loans $ 241,600 $ 290,633 $ 207,871 $ 126,649 $ 85,500 $ 310,143 $ 215,734 $ 1,478,130 Pass $ 241,587 $ 279,671 $ 204,223 $ 124,701 $ 74,005 $ 276,267 $ 203,937 $ 1,404,391 Special Mention - 8,352 2,371 - 278 2,996 184 14,181 Substandard 13 2,610 630 1,948 7,330 30,884 11,613 55,028 Doubtful - - 647 - 3,887 - - 4,534 Loss - - - - - (4 ) - (4 ) Total Loans $ 241,600 $ 290,633 $ 207,871 $ 126,649 $ 85,500 $ 310,143 $ 215,734 $ 1,478,130 Collateral-dependent Loans The following table presents individually analyzed and collateral-dependent loans by class of loans (in thousands): June 30, 2024 Type of Collateral (Dollar amounts in thousands) Real Estate Blanket Lien Investment/Cash Other Total Commercial real estate: Owner occupied $ 4,562 $ - $ - $ - $ 4,562 Non-owner occupied 5,878 - - 8,040 13,918 Commercial and industrial - 14,948 - 1,213 16,161 Construction and other 2,710 - - - 2,710 Total $ 13,150 $ 14,948 $ - $ 9,253 $ 37,351 December 31, 2023 Type of Collateral (Dollar amounts in thousands) Real Estate Blanket Lien Investment/Cash Other Total Commercial real estate: Non-owner occupied $ 8,150 $ - $ - $ - $ 8,150 Total $ 8,150 $ - $ - $ - $ 8,150 Nonperforming and Past Due Loans The following tables present the aging of the recorded investment in past-due loans by class of loans (in thousands): 30-59 Days 60-89 Days 90 Days+ Total Total June 30, 2024 Current Past Due Past Due Past Due Past Due Loans Commercial real estate: Owner occupied $ 182,350 $ 353 $ - $ 106 $ 459 $ 182,809 Non-owner occupied 376,655 1,385 - 7,608 8,993 385,648 Multifamily 86,951 - - - - 86,951 Residential real estate 333,303 2,507 1,181 130 3,818 337,121 Commercial and industrial 233,390 252 655 405 1,312 234,702 Home equity lines of credit 130,238 198 100 511 809 131,047 Construction and other 132,530 - - - - 132,530 Consumer installment 6,864 32 - - 32 6,896 Total $ 1,482,281 $ 4,727 $ 1,936 $ 8,760 $ 15,423 $ 1,497,704 30-59 Days 60-89 Days 90 Days+ Total Total December 31, 2023 Current Past Due Past Due Past Due Past Due Loans Commercial real estate: Owner occupied $ 183,242 $ 197 $ - $ 106 $ 303 $ 183,545 Non-owner occupied 397,964 3,616 - - 3,616 401,580 Multifamily 82,440 - - 66 66 82,506 Residential real estate 326,224 1,366 1,010 254 2,630 328,854 Commercial and industrial 221,304 - 146 58 204 221,508 Home equity lines of credit 126,894 447 180 297 924 127,818 Construction and other 125,040 65 - - 65 125,105 Consumer installment 7,138 69 - 7 76 7,214 Total $ 1,470,246 $ 5,760 $ 1,336 $ 788 $ 7,884 $ 1,478,130 The following tables present the recorded investment in nonaccrual loans and loans 90 June 30, 2024 Nonaccrual Nonaccrual Loans Past (Dollar amounts in thousands) with no with Total Due Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming Commercial real estate: Owner occupied $ - $ 238 $ 238 $ - $ 238 Non-owner occupied 8,416 3,616 12,032 - 12,032 Multifamily - - - - - Residential real estate - 1,173 1,173 - 1,173 Commercial and industrial 345 879 1,224 - 1,224 Home equity lines of credit - 1,013 1,013 96 1,109 Consumer installment 181 4 185 - 185 Total $ 8,942 $ 6,923 $ 15,865 $ 96 $ 15,961 December 31, 2023 Nonaccrual Nonaccrual Loans Past (Dollar amounts in thousands) with no with Total Due Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming Commercial real estate: Owner occupied $ - $ 252 $ 252 $ - $ 252 Non-owner occupied 4,534 3,616 8,150 - 8,150 Multifamily - 66 66 - 66 Residential real estate - 1,170 1,170 - 1,170 Commercial and industrial - 223 223 - 223 Home equity lines of credit - 856 856 - 856 Consumer installment 153 7 160 - 160 Total $ 4,687 $ 6,190 $ 10,877 $ - $ 10,877 Interest income that would have been recorded had these loans not three six June 30, 2024 three six June 30, 2023 Modifications to Borrowers Experiencing Financial Difficulty Effective January 1, 2023, 2022 02, may may 90 12 The table below details the amortized cost basis of the loans modified to borrowings experiencing financial difficulty, disaggregated by class of loans and type of concessions granted, and the financial effect of the modifications: June 30, 2024 Modifications Payment Interest Rate Interest Rate Percentage of Deferral Reduction Reduction Total Loans Payment Term and Term and Term and Principal Held for Deferral Extension Extension Past Due Forgiveness Total Investment Commercial real estate: Non-owner occupied $ - $ 14,854 $ 2,507 $ - $ - $ 17,361 1.2 % Construction and other - 2,221 - - - 2,221 0.1 % Total $ - $ 17,075 $ 2,507 $ - $ - $ 19,582 1.3 % June 30, 2023 Modifications Payment Interest Rate Interest Rate Percentage of Deferral Reduction Reduction Total Loans Payment Term and Term and Term and Principal Held for Deferral Extension Extension Past Due Forgiveness Total Investment Commercial real estate: Non-owner occupied $ - $ 14,924 $ 2,507 $ - $ - $ 17,431 1.3 % Commercial and industrial - 86 - - - 86 0.0 % Total $ - $ 15,010 $ 2,507 $ - $ - $ 17,517 1.3 % As of June 30, 2024 no June 30, 2024 not June 30, 2024 June 30, 2024 December 31, 2023 Allowance for Credit Losses: Unfunded Commitments Upon adoption of ASU 2016 13 January 1, 2023, June 30, 2024 December 31, 2023 |
Note 8 - Contingencies and Cont
Note 8 - Contingencies and Contingent Liabilities | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | NOTE 8 COMMITMENTS AND CONTINGENT LIABILITIES In the ordinary course of business, various outstanding commitments and certain contingent liabilities are not Commitments to Extend Credit Our commitments to extend credit were composed of the following: (Dollar amounts in thousands) June 30, 2024 December 31, 2023 Commitments to extend credit $ 495,057 $ 418,952 Standby letters of credit 5,000 5,884 Total $ 500,057 $ 424,836 The commitments to extend credit involve, to varying degrees, elements of credit and interest rate risk over the amount recognized in the Consolidated Balance Sheet. The Company’s exposure to credit loss, in the event of nonperformance by the other parties to the financial instruments, is represented by the contractual amounts as disclosed. The Company minimizes its exposure to credit loss under these commitments by subjecting them to credit approval, review procedures, and collateral requirements as deemed necessary. Loan commitments generally have fixed expiration dates within one third one Commitments to Fund In August 2023, June 30, 2024 December 31, 2023, not three June 30, 2024 June 30, 2024 December 31, 2023, Cannabis Industry We provide deposit services to customers who are licensed by the State of Ohio to do business in (or are related to) the Division of Cannabis Control as growers, processors, and dispensaries. Marijuana businesses are regulated by the Ohio Department of Commerce and legal in the State of Ohio, although it is not 2014 While we believe we are operating in compliance with the FinCEN guidelines, there can be no not no not may may no Litigation As previously disclosed, a cyber-attack occurred in April 2023 On January 8, 2024, January 10, 2024, two March 28, 2024, July 17, 2024, August 16, 2024, no Losses attributable to the April 2023 not not |
Note 9 - Related Party Transact
Note 9 - Related Party Transaction | 6 Months Ended |
Jun. 30, 2024 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | NOTE 9 Loans to principal officers, directors, and their affiliates during June 30, 2024 December 31, 2023 (Dollars in thousands) June 30, 2024 December 31, 2023 Beginning balance $ 24,185 $ 2,057 New loans 2,259 23,922 Repayments (257 ) (1,794 ) Ending balance $ 26,187 $ 24,185 Deposits of related parties amount to $30.8 million and $33.1 million as of June 30, 2024 December 31, 2023 |
Insider Trading Arrangements
Insider Trading Arrangements | 3 Months Ended | 6 Months Ended |
Jun. 30, 2024 | Jun. 30, 2024 | |
Insider Trading Arr Line Items | ||
Material Terms of Trading Arrangement [Text Block] | 5. Other information During the three June 30, 2024 no 10b5 1 10b5 1 408 | |
Rule 10b5-1 Arrangement Terminated [Flag] | false | |
Rule 10b5-1 Arrangement Adopted [Flag] | false | |
Non-Rule 10b5-1 Arrangement Terminated [Flag] | false | |
Non-Rule 10b5-1 Arrangement Adopted [Flag] | false |
Note 2 - Revenue Recognition (T
Note 2 - Revenue Recognition (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Disaggregation of Revenue [Table Text Block] | For the Three Months Ended June 30, For the Six Months Ended June 30, Noninterest Income 2024 2023 2024 2023 (Dollar amounts in thousands) Service charges on deposit accounts: Overdraft fees $ 248 $ 229 $ 497 $ 476 ATM banking fees 491 491 932 963 Service charges and other fees 232 220 451 487 Loss on equity securities ⁽ª⁾ (27 ) (67 ) (79 ) (205 ) Gain on sale of other real estate owned ⁽ª⁾ - - - 2 Earnings on bank-owned life insurance ⁽ª⁾ 227 220 454 420 Gain on sale of loans ⁽ª⁾ 69 6 79 29 Revenue from investment services 269 174 473 359 Miscellaneous fee income 101 97 195 185 Gross rental income ⁽ª⁾ - 77 67 179 Other income 150 145 487 375 Total noninterest income $ 1,760 $ 1,592 $ 3,556 $ 3,270 |
Note 3 - Earnings Per Share (Ta
Note 3 - Earnings Per Share (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Schedule of Weighted Average Number of Shares [Table Text Block] | For the Three For the Six Months Ended Months Ended June 30, June 30, 2024 2023 2024 2023 Weighted-average common shares outstanding 9,946,454 9,924,245 9,944,025 9,922,895 Average treasury stock shares (1,879,310 ) (1,835,452 ) (1,864,851 ) (1,809,250 ) Weighted-average common shares and common stock equivalents used to calculate basic earnings per share 8,067,144 8,088,793 8,079,174 8,113,645 Additional common stock equivalents (stock options and restricted stock) used to calculate diluted earnings per share 5,355 13,191 5,355 13,191 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share 8,072,499 8,101,984 8,084,529 8,126,836 |
Note 4 - Accumulated Other Co_2
Note 4 - Accumulated Other Comprehensive (Loss) Income (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | (Dollars in thousands) Unrealized (losses)/gains on securities available-for-sale Balance at March 31, 2024 $ (18,130 ) Other comprehensive loss⁽ª⁾ (1,338 ) Balance at June 30, 2024 $ (19,468 ) Balance at December 31, 2023 $ (16,090 ) Other comprehensive loss⁽ª⁾ (3,378 ) Balance at June 30, 2024 $ (19,468 ) (Dollars in thousands) Unrealized (losses)/gains on securities available-for-sale Balance at March 31, 2023 $ (19,253 ) Other comprehensive loss⁽ª⁾ (1,377 ) Balance at June 30, 2023 $ (20,630 ) Balance at December 31, 2022 $ (22,144 ) Other comprehensive income⁽ª⁾ 1,514 Balance at June 30, 2023 $ (20,630 ) |
Note 5 - Fair Value Measureme_2
Note 5 - Fair Value Measurements (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] | June 30, 2024 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a recurring basis: Subordinated debt $ - $ 25,320 $ 6,610 $ 31,930 Obligations of states and political subdivisions - 126,688 - 126,688 Mortgage-backed securities in government-sponsored entities - 7,806 - 7,806 Total investment securities available for sale - 159,814 6,610 166,424 Equity securities 760 - - 760 Total $ 760 $ 159,814 $ 6,610 $ 167,184 December 31, 2023 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a recurring basis: Subordinated debt $ - $ 23,118 $ 8,801 $ 31,919 Obligations of states and political subdivisions - 132,542 - 132,542 Mortgage-backed securities in government-sponsored entities - 6,318 - 6,318 Total investment securities available for sale - 161,978 8,801 170,779 Equity securities 814 - - 814 Total $ 814 $ 161,978 $ 8,801 $ 171,593 |
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | Subordinated debt (Dollar amounts in thousands) June 30, 2024 December 31, 2023 Beginning of year $ 8,801 $ 8,737 Purchases, sales, settlements: Purchases - 1,000 Transfers out of Level III (1) (2,250 ) (1,000 ) Net change in unrealized loss on investment securities available-for-sale 59 64 Balance at end of period $ 6,610 $ 8,801 |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block] | June 30, 2024 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ - $ - $ 3,849 $ 3,849 December 31, 2023 (Dollar amounts in thousands) Level I Level II Level III Total Assets measured on a non-recurring basis: Collateral-dependent loans $ - $ - $ 3,361 $ 3,361 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | Quantitative Information about Level III Fair Value Measurements (Dollar amounts in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) June 30, 2024 Collateral-dependent loans $ 3,849 Appraisal of collateral (1) Appraisal adjustments (2) 21.4 % Quantitative Information about Level III Fair Value Measurements (Dollar amounts in thousands) Fair Value Estimate Valuation Techniques Unobservable Input Range (Weighted Average) December 31, 2023 Collateral-dependent loans $ 3,361 Appraisal of collateral (1) Appraisal adjustments (2) 20.1 % |
Fair Value, by Balance Sheet Grouping [Table Text Block] | June 30, 2024 Carrying Total Value Level I Level II Level III Fair Value (Dollar amounts in thousands) Financial assets: Net loans $ 1,475,909 $ - $ - $ 1,418,616 $ 1,418,616 Mortgage servicing rights 1,554 2,642 2,642 Financial liabilities: Non-maturing deposits $ 1,141,668 $ 1,141,668 $ - $ - $ 1,141,668 Time deposits 327,876 - - 327,876 327,876 Other borrowings 11,762 - - 11,762 11,762 December 31, 2023 Carrying Total Value Level I Level II Level III Fair Value (Dollar amounts in thousands) Financial assets: Net loans $ 1,456,437 $ - $ - $ 1,370,657 $ 1,370,657 Mortgage servicing rights 1,636 2,781 2,781 Financial liabilities: Non-maturing deposits $ 1,092,287 $ 1,092,287 $ - $ - $ 1,092,287 Time deposits 334,315 - - 331,638 331,638 Other borrowings 11,862 - - 11,862 11,862 |
Note 6 - Investments and Equi_2
Note 6 - Investments and Equity Securities (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block] | June 30, 2024 Gross Gross Amortized Unrealized Unrealized Fair (Dollar amounts in thousands) Cost (a) Gains Losses Value Subordinated debt $ 34,300 $ 57 $ (2,427 ) $ 31,930 Obligations of states and political subdivisions: Tax-exempt 148,254 7 (21,573 ) 126,688 Mortgage-backed securities in government-sponsored entities 8,513 12 (719 ) 7,806 Total $ 191,067 $ 76 $ (24,719 ) $ 166,424 December 31, 2023 Gross Gross Amortized Unrealized Unrealized Fair (Dollar amounts in thousands) Cost (a) Gains Losses Value Subordinated debt $ 34,300 $ 70 $ (2,451 ) $ 31,919 Obligations of states and political subdivisions: Tax-exempt 149,881 153 (17,492 ) 132,542 Mortgage-backed securities in government-sponsored entities 6,965 - (647 ) 6,318 Total $ 191,146 $ 223 $ (20,590 ) $ 170,779 |
Investments Classified by Contractual Maturity Date [Table Text Block] | Amortized Fair (Dollar amounts in thousands) Cost Value Due in one year or less $ 3 $ 3 Due after one year through five years 6,009 5,826 Due after five years through ten years 54,200 50,786 Due after ten years 130,855 109,809 Total $ 191,067 $ 166,424 |
Gain (Loss) on Securities [Table Text Block] | June 30, 2024 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (Dollar amounts in thousands) Value Losses Value Losses Value Losses Subordinated debt $ 10,376 $ (374 ) $ 20,496 $ (2,053 ) $ 30,872 $ (2,427 ) Obligations of states and political subdivisions: Tax-exempt 17,093 (290 ) 103,085 (21,283 ) 120,178 (21,573 ) Mortgage-backed securities in government-sponsored entities - - 5,899 (719 ) 5,899 (719 ) Total $ 27,469 $ (664 ) $ 129,480 $ (24,055 ) $ 156,949 $ (24,719 ) December 31, 2023 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized (Dollar amounts in thousands) Value Losses Value Losses Value Losses Subordinated debt $ 994 $ (6 ) $ 29,356 $ (2,445 ) $ 30,350 $ (2,451 ) Obligations of states and political subdivisions: Tax-exempt 1,386 (10 ) 106,078 (17,482 ) 107,464 (17,492 ) Mortgage-backed securities in government-sponsored entities 195 (1 ) 6,122 (646 ) 6,317 (647 ) Total $ 2,575 $ (17 ) $ 141,556 $ (20,573 ) $ 144,131 $ (20,590 ) |
Note 7 - Loans and Related Al_2
Note 7 - Loans and Related Allowance for Credit Losses (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Schedule Of Financing Receivable By Segment [Table Text Block] | June 30, December 31, 2024 2023 Commercial real estate: Owner occupied $ 182,809 $ 183,545 Non-owner occupied 385,648 401,580 Multifamily 86,951 82,506 Residential real estate 337,121 328,854 Commercial and industrial 234,702 221,508 Home equity lines of credit 131,047 127,818 Construction and other 132,530 125,105 Consumer installment 6,896 7,214 Total loans 1,497,704 1,478,130 Less: Allowance for credit losses (21,795 ) (21,693 ) Net loans $ 1,475,909 $ 1,456,437 |
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block] | For the Three Months Ended June 30, 2024 Allowance for Credit Losses Balance Balance March 31, 2024 Charge-offs Recoveries Provision June 30, 2024 Loans: Commercial real estate: Owner occupied $ 2,060 $ - $ - $ (2 ) $ 2,058 Non-owner occupied 7,768 - - 213 7,981 Multifamily 1,204 - - 64 1,268 Residential real estate 4,774 - - 117 4,891 Commercial and industrial 2,038 - 8 384 2,430 Home equity lines of credit 785 - - 28 813 Construction and other 2,373 - - (83 ) 2,290 Consumer installment 67 (6 ) 27 (24 ) 64 Total $ 21,069 $ (6 ) $ 35 $ 697 $ 21,795 For the Three Months Ended June 30, 2023 Allowance for Credit Losses Balance CECL Balance March 31, 2023 Adoption Charge-offs Recoveries Provision June 30, 2023 Loans: Commercial real estate: Owner occupied $ 2,678 $ - $ (46 ) $ 1 $ 780 $ 3,413 Non-owner occupied 4,712 - - - (866 ) 3,846 Multifamily 1,371 - - - (92 ) 1,279 Residential real estate 4,967 - (108 ) - 255 5,114 Commercial and industrial 3,819 - (6 ) 9 282 4,104 Home equity lines of credit 809 - - - (86 ) 723 Construction and other 1,553 - - - 331 1,884 Consumer installment 253 - (3 ) 42 (64 ) 228 Total $ 20,162 $ - $ (163 ) $ 52 $ 540 $ 20,591 For the Six Months Ended June 30, 2024 Allowance for Credit Losses Balance Balance December 31, 2023 Charge-offs Recoveries Provision June 30, 2024 Loans: Commercial real estate: Owner occupied $ 2,668 $ - $ 11 $ (621 ) $ 2,058 Non-owner occupied 4,480 - - 3,501 7,981 Multifamily 1,796 - - (528 ) 1,268 Residential real estate 5,450 - - (559 ) 4,891 Commercial and industrial 4,377 - 16 (1,963 ) 2,430 Home equity lines of credit 750 (7 ) - 70 813 Construction and other 1,990 - - 300 2,290 Consumer installment 182 (6 ) 83 (195 ) 64 Total $ 21,693 $ (13 ) $ 110 $ 5 $ 21,795 For the Six Months Ended June 30, 2023 Allowance for Credit Losses Balance CECL Balance December 31, 2022 Adoption Charge-offs Recoveries Provision June 30, 2023 Loans: Commercial real estate: Owner occupied $ 2,203 $ 811 $ (46 ) $ 3 $ 442 $ 3,413 Non-owner occupied 5,597 (1,206 ) - - (545 ) 3,846 Multifamily 662 591 - - 26 1,279 Residential real estate 2,047 2,744 (108 ) - 431 5,114 Commercial and industrial 1,483 2,320 (60 ) 20 341 4,104 Home equity lines of credit 1,753 (1,031 ) - 70 (69 ) 723 Construction and other 609 956 - - 319 1,884 Consumer installment 84 197 (61 ) 79 (71 ) 228 Total $ 14,438 $ 5,382 $ (275 ) $ 172 $ 874 $ 20,591 |
Financing Receivable Credit Quality Indicators [Table Text Block] | June 30, 2024 Term Loans Amortized Cost Basis by Origination Year Revolving Amortized (Dollar amounts in thousands) 2024 2023 2022 2021 2020 Prior Cost Basis Total Commercial real estate: Owner occupied Pass $ 5,523 $ 20,753 $ 30,965 $ 38,412 $ 25,592 $ 50,059 $ 2,407 $ 173,711 Special Mention - - - 402 - 789 - 1,191 Substandard - - 4,562 - - 3,345 - 7,907 Total Owner occupied $ 5,523 $ 20,753 $ 35,527 $ 38,814 $ 25,592 $ 54,193 $ 2,407 $ 182,809 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Non-owner occupied Pass $ 5,480 $ 43,873 $ 91,055 $ 40,339 $ 20,833 $ 142,187 $ 179 $ 343,946 Special Mention - - 2,508 - - 2,129 - 4,637 Substandard - - 3,991 639 - 32,435 - 37,065 Total Non-owner occupied $ 5,480 $ 43,873 $ 97,554 $ 40,978 $ 20,833 $ 176,751 $ 179 $ 385,648 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Multifamily Pass $ 2,766 $ 28,897 $ 25,488 $ 7,545 $ 10,256 $ 11,953 $ 46 $ 86,951 Total Multifamily $ 2,766 $ 28,897 $ 25,488 $ 7,545 $ 10,256 $ 11,953 $ 46 $ 86,951 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Pass $ 20,935 $ 49,734 $ 55,009 $ 76,884 $ 37,503 $ 94,586 $ 885 $ 335,536 Substandard - - 121 107 - 1,357 - 1,585 Total Residential real estate $ 20,935 $ 49,734 $ 55,130 $ 76,991 $ 37,503 $ 95,943 $ 885 $ 337,121 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial and industrial Pass $ 22,184 $ 42,175 $ 37,492 $ 15,639 $ 22,547 $ 6,558 $ 70,309 $ 216,904 Special Mention - - - - - - 792 792 Substandard 214 5,011 1,013 - 336 105 10,331 17,010 Loss - - - - - (4 ) - (4 ) Total Commercial and industrial $ 22,398 $ 47,186 $ 38,505 $ 15,639 $ 22,883 $ 6,659 $ 81,432 $ 234,702 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Home equity lines of credit Pass $ - $ - $ 155 $ - $ 42 $ 2,016 $ 127,192 $ 129,405 Substandard - - 100 - 35 756 751 1,642 Total Home equity lines of credit $ - $ - $ 255 $ - $ 77 $ 2,772 $ 127,943 $ 131,047 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 7 $ - $ 7 Construction and other Pass $ 3,683 $ 69,283 $ 21,740 $ 15,868 $ 1,447 $ 1,668 $ 10,487 $ 124,176 Special Mention - - 848 2,332 - 243 - 3,423 Substandard - - 2,710 420 - 1,271 530 4,931 Total Construction and other $ 3,683 $ 69,283 $ 25,298 $ 18,620 $ 1,447 $ 3,182 $ 11,017 $ 132,530 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 912 $ 1,399 $ 855 $ 177 $ 58 $ 3,310 $ - $ 6,711 Substandard - - 4 - - 181 - 185 Total Consumer installment $ 912 $ 1,399 $ 859 $ 177 $ 58 $ 3,491 $ - $ 6,896 Current-period gross charge-offs $ - $ - $ - $ 6 $ - $ - $ - $ 6 Total Loans $ 61,697 $ 261,125 $ 278,616 $ 198,764 $ 118,649 $ 354,944 $ 223,909 $ 1,497,704 Pass $ 61,483 $ 256,114 $ 262,759 $ 194,864 $ 118,278 $ 312,337 $ 211,505 $ 1,417,340 Special Mention - - 3,356 2,734 - 3,161 792 10,043 Substandard 214 5,011 12,501 1,166 371 39,450 11,612 70,325 Loss - - - - - (4 ) - (4 ) Total Loans $ 61,697 $ 261,125 $ 278,616 $ 198,764 $ 118,649 $ 354,944 $ 223,909 $ 1,497,704 December 31, 2023 Term Loans Amortized Cost Basis by Origination Year Revolving Amortized (Dollar amounts in thousands) 2023 2022 2021 2020 2019 Prior Cost Basis Total Commercial real estate: Owner occupied Pass $ 14,634 $ 34,850 $ 41,609 $ 25,040 $ 12,304 $ 41,976 $ 2,662 $ 173,075 Special Mention - 2,271 - - 13 799 - 3,083 Substandard - 2,356 - 1,559 146 3,326 - 7,387 Total Owner occupied $ 14,634 $ 39,477 $ 41,609 $ 26,599 $ 12,463 $ 46,101 $ 2,662 $ 183,545 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 46 $ - $ 46 Non-owner occupied Pass $ 43,393 $ 95,098 $ 40,959 $ 22,707 $ 32,405 $ 127,469 $ 504 $ 362,535 Special Mention - 2,508 - - - 2,197 - 4,705 Substandard - - - - 5,237 24,569 - 29,806 Doubtful - - 647 - 3,887 - - 4,534 Total Non-owner occupied $ 43,393 $ 97,606 $ 41,606 $ 22,707 $ 41,529 $ 154,235 $ 504 $ 401,580 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Multifamily Pass $ 29,218 $ 25,776 $ 4,267 $ 10,453 $ 1,391 $ 11,231 $ 104 $ 82,440 Substandard - - - - - 66 - 66 Total Multifamily $ 29,218 $ 25,776 $ 4,267 $ 10,453 $ 1,391 $ 11,297 $ 104 $ 82,506 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential real estate Pass $ 50,086 $ 56,180 $ 78,909 $ 39,476 $ 19,418 $ 82,441 $ 672 $ 327,182 Substandard - 127 210 - 24 1,311 - 1,672 Total Residential real estate $ 50,086 $ 56,307 $ 79,119 $ 39,476 $ 19,442 $ 83,752 $ 672 $ 328,854 Current-period gross charge-offs $ - $ - $ - $ - $ - $ 108 $ - $ 108 Commercial and industrial Pass $ 46,918 $ 43,494 $ 17,909 $ 25,143 $ 2,741 $ 6,533 $ 66,842 $ 209,580 Special Mention - - - - - - 184 184 Substandard 13 15 - 353 124 876 10,367 11,748 Loss - - - - - (4 ) - (4 ) Total Commercial and industrial $ 46,931 $ 43,509 $ 17,909 $ 25,496 $ 2,865 $ 7,405 $ 77,393 $ 221,508 Current-period gross charge-offs $ - $ - $ 75 $ - $ 6 $ 4 $ - $ 85 Home equity lines of credit Pass $ - $ 126 $ - $ 16 $ 63 $ 2,097 $ 124,001 $ 126,303 Substandard - 105 - 36 29 583 762 1,515 Total Home equity lines of credit $ - $ 231 $ - $ 52 $ 92 $ 2,680 $ 124,763 $ 127,818 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction and other Pass $ 55,528 $ 23,059 $ 20,246 $ 1,777 $ 5,609 $ 851 $ 9,152 $ 116,222 Special Mention - 3,573 2,371 - 265 - - 6,209 Substandard - - 420 - 1,770 - 484 2,674 Total Construction and other $ 55,528 $ 26,632 $ 23,037 $ 1,777 $ 7,644 $ 851 $ 9,636 $ 125,105 Current-period gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer installment Pass $ 1,810 $ 1,088 $ 324 $ 89 $ 74 $ 3,669 $ - $ 7,054 Substandard - 7 - - - 153 - 160 Total Consumer installment $ 1,810 $ 1,095 $ 324 $ 89 $ 74 $ 3,822 $ - $ 7,214 Current-period gross charge-offs $ - $ 25 $ - $ - $ - $ 38 $ - $ 63 Total Loans $ 241,600 $ 290,633 $ 207,871 $ 126,649 $ 85,500 $ 310,143 $ 215,734 $ 1,478,130 Pass $ 241,587 $ 279,671 $ 204,223 $ 124,701 $ 74,005 $ 276,267 $ 203,937 $ 1,404,391 Special Mention - 8,352 2,371 - 278 2,996 184 14,181 Substandard 13 2,610 630 1,948 7,330 30,884 11,613 55,028 Doubtful - - 647 - 3,887 - - 4,534 Loss - - - - - (4 ) - (4 ) Total Loans $ 241,600 $ 290,633 $ 207,871 $ 126,649 $ 85,500 $ 310,143 $ 215,734 $ 1,478,130 |
Schedule of Collateral Dependent Loans [Table Text Block] | June 30, 2024 Type of Collateral (Dollar amounts in thousands) Real Estate Blanket Lien Investment/Cash Other Total Commercial real estate: Owner occupied $ 4,562 $ - $ - $ - $ 4,562 Non-owner occupied 5,878 - - 8,040 13,918 Commercial and industrial - 14,948 - 1,213 16,161 Construction and other 2,710 - - - 2,710 Total $ 13,150 $ 14,948 $ - $ 9,253 $ 37,351 December 31, 2023 Type of Collateral (Dollar amounts in thousands) Real Estate Blanket Lien Investment/Cash Other Total Commercial real estate: Non-owner occupied $ 8,150 $ - $ - $ - $ 8,150 Total $ 8,150 $ - $ - $ - $ 8,150 |
Financing Receivable, Past Due [Table Text Block] | 30-59 Days 60-89 Days 90 Days+ Total Total June 30, 2024 Current Past Due Past Due Past Due Past Due Loans Commercial real estate: Owner occupied $ 182,350 $ 353 $ - $ 106 $ 459 $ 182,809 Non-owner occupied 376,655 1,385 - 7,608 8,993 385,648 Multifamily 86,951 - - - - 86,951 Residential real estate 333,303 2,507 1,181 130 3,818 337,121 Commercial and industrial 233,390 252 655 405 1,312 234,702 Home equity lines of credit 130,238 198 100 511 809 131,047 Construction and other 132,530 - - - - 132,530 Consumer installment 6,864 32 - - 32 6,896 Total $ 1,482,281 $ 4,727 $ 1,936 $ 8,760 $ 15,423 $ 1,497,704 30-59 Days 60-89 Days 90 Days+ Total Total December 31, 2023 Current Past Due Past Due Past Due Past Due Loans Commercial real estate: Owner occupied $ 183,242 $ 197 $ - $ 106 $ 303 $ 183,545 Non-owner occupied 397,964 3,616 - - 3,616 401,580 Multifamily 82,440 - - 66 66 82,506 Residential real estate 326,224 1,366 1,010 254 2,630 328,854 Commercial and industrial 221,304 - 146 58 204 221,508 Home equity lines of credit 126,894 447 180 297 924 127,818 Construction and other 125,040 65 - - 65 125,105 Consumer installment 7,138 69 - 7 76 7,214 Total $ 1,470,246 $ 5,760 $ 1,336 $ 788 $ 7,884 $ 1,478,130 |
Financing Receivable, Nonaccrual [Table Text Block] | June 30, 2024 Nonaccrual Nonaccrual Loans Past (Dollar amounts in thousands) with no with Total Due Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming Commercial real estate: Owner occupied $ - $ 238 $ 238 $ - $ 238 Non-owner occupied 8,416 3,616 12,032 - 12,032 Multifamily - - - - - Residential real estate - 1,173 1,173 - 1,173 Commercial and industrial 345 879 1,224 - 1,224 Home equity lines of credit - 1,013 1,013 96 1,109 Consumer installment 181 4 185 - 185 Total $ 8,942 $ 6,923 $ 15,865 $ 96 $ 15,961 December 31, 2023 Nonaccrual Nonaccrual Loans Past (Dollar amounts in thousands) with no with Total Due Over 90 Days Total ACL ACL Nonaccrual Still Accruing Nonperforming Commercial real estate: Owner occupied $ - $ 252 $ 252 $ - $ 252 Non-owner occupied 4,534 3,616 8,150 - 8,150 Multifamily - 66 66 - 66 Residential real estate - 1,170 1,170 - 1,170 Commercial and industrial - 223 223 - 223 Home equity lines of credit - 856 856 - 856 Consumer installment 153 7 160 - 160 Total $ 4,687 $ 6,190 $ 10,877 $ - $ 10,877 |
Financing Receivable, Modified [Table Text Block] | June 30, 2024 Modifications Payment Interest Rate Interest Rate Percentage of Deferral Reduction Reduction Total Loans Payment Term and Term and Term and Principal Held for Deferral Extension Extension Past Due Forgiveness Total Investment Commercial real estate: Non-owner occupied $ - $ 14,854 $ 2,507 $ - $ - $ 17,361 1.2 % Construction and other - 2,221 - - - 2,221 0.1 % Total $ - $ 17,075 $ 2,507 $ - $ - $ 19,582 1.3 % June 30, 2023 Modifications Payment Interest Rate Interest Rate Percentage of Deferral Reduction Reduction Total Loans Payment Term and Term and Term and Principal Held for Deferral Extension Extension Past Due Forgiveness Total Investment Commercial real estate: Non-owner occupied $ - $ 14,924 $ 2,507 $ - $ - $ 17,431 1.3 % Commercial and industrial - 86 - - - 86 0.0 % Total $ - $ 15,010 $ 2,507 $ - $ - $ 17,517 1.3 % |
Note 8 - Contingencies and Co_2
Note 8 - Contingencies and Contingent Liabilities (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Other Commitments [Table Text Block] | (Dollar amounts in thousands) June 30, 2024 December 31, 2023 Commitments to extend credit $ 495,057 $ 418,952 Standby letters of credit 5,000 5,884 Total $ 500,057 $ 424,836 |
Note 9 - Related Party Transa_2
Note 9 - Related Party Transaction (Tables) | 6 Months Ended |
Jun. 30, 2024 | |
Notes Tables | |
Schedule of Related Party Transactions [Table Text Block] | (Dollars in thousands) June 30, 2024 December 31, 2023 Beginning balance $ 24,185 $ 2,057 New loans 2,259 23,922 Repayments (257 ) (1,794 ) Ending balance $ 26,187 $ 24,185 |
Note 1 - Basis of Presentation
Note 1 - Basis of Presentation (Details Textual) - USD ($) | 6 Months Ended | |||||
Jan. 01, 2023 | Jun. 30, 2024 | Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Dec. 01, 2022 | |
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss | $ 0 | |||||
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | 1,700,000 | $ 1,700,000 | ||||
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $ (102,000) | |||||
Commercial Portfolio Segment [Member] | Minimum [Member] | ||||||
Financing Receivable, before Allowance for Credit Loss, Fee and Loan in Process | $ 250,000 | $ 150,000 | ||||
Accounting Standards Update 2016-13 [Member] | Commercial Portfolio Segment [Member] | ||||||
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $ 622,000 | |||||
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | ||||||
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | $ 5,400,000 | |||||
LBSI Insurance, LLC [Member] | ||||||
Business Acquisition, Percentage of Voting Interests Acquired | 100% |
Note 2 - Revenue Recognition (D
Note 2 - Revenue Recognition (Details Textual) | 6 Months Ended |
Jun. 30, 2024 | |
Revenue from Interest Income and Noninterest Income, Percent | 94.40% |
Note 2 - Revenue Recognition -
Note 2 - Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | ||
Loss on equity securities | [1] | $ (27,000) | $ (67,000) | $ (79,000) | $ (205,000) |
Gain on other real estate owned | [1] | 0 | 0 | 0 | 2,000 |
Earnings on bank-owned life insurance | [1] | 227,000 | 220,000 | 454,000 | 420,000 |
Gain on sale of loans | [1] | 69,000 | 6,000 | 79,000 | 29,000 |
Revenue from investment services | 269,000 | 174,000 | 473,000 | 359,000 | |
Miscellaneous fee income | 101,000 | 97,000 | 195,000 | 185,000 | |
Gross rental income | [1] | 0 | 77,000 | 67,000 | 179,000 |
Other income | 150,000 | 145,000 | 487,000 | 375,000 | |
Total noninterest income | 1,760,000 | 1,592,000 | 3,556,000 | 3,270,000 | |
Overdraft Fees [Member] | |||||
Noninterest income revenue | 248,000 | 229,000 | 497,000 | 476,000 | |
ATM Banking Fees [Member] | |||||
Noninterest income revenue | 491,000 | 491,000 | 932,000 | 963,000 | |
Service Charge and Other Fees [Member] | |||||
Noninterest income revenue | $ 232,000 | $ 220,000 | $ 451,000 | $ 487,000 | |
[1]Not within scope of ASC 606 |
Note 3 - Earnings Per Share (De
Note 3 - Earnings Per Share (Details Textual) - shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Treasury Stock, Common, Shares (in shares) | 1,835,452 | 1,879,310 | 1,835,452 | 1,835,452 |
Treasury Stock, Shares, Acquired (in shares) | 43,858 | 43,858 | 164,221 | |
Restricted Stock [Member] | ||||
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding, Number (in shares) | 70,219 | 38,356 | 70,219 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 33,001 | 57,028 |
Note 3 - Earnings Per Share - S
Note 3 - Earnings Per Share - Shares Used in Calculation of Earnings Per Share (Details) - shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Weighted-average common shares outstanding (in shares) | 9,946,454 | 9,924,245 | 9,944,025 | 9,922,895 |
Average treasury stock shares (in shares) | (1,879,310) | (1,835,452) | (1,864,851) | (1,809,250) |
Weighted-average common shares and common stock equivalents used to calculate basic earnings per share (in shares) | 8,067,144 | 8,088,793 | 8,079,174 | 8,113,645 |
Additional common stock equivalents (stock options and restricted stock) used to calculate diluted earnings per share (in shares) | 5,355 | 13,191 | 5,355 | 13,191 |
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share (in shares) | 8,072,499 | 8,101,984 | 8,084,529 | 8,126,836 |
Note 4 - Accumulated Other Co_3
Note 4 - Accumulated Other Comprehensive (Loss) Income (Details Textual) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | |
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax | $ 0 | $ 0 | $ 0 | $ 0 |
Note 4 - Accumulated Other Co_4
Note 4 - Accumulated Other Comprehensive (Loss) Income - Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | ||
Balance | $ 205,575 | $ 195,165 | $ 205,681 | $ 197,691 | |
Other comprehensive loss | (1,338) | (1,377) | (3,378) | 1,514 | |
Balance | 206,788 | 197,227 | 206,788 | 197,227 | |
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member] | |||||
Balance | (18,130) | (19,253) | (16,090) | (22,144) | |
Other comprehensive loss | [1] | (1,338) | (1,377) | (3,378) | 1,514 |
Balance | $ (19,468) | $ (20,630) | $ (19,468) | $ (20,630) | |
[1]All amounts are net of tax. Amounts in parentheses indicate debits to AOCI. |
Note 5 - Fair Value Measureme_3
Note 5 - Fair Value Measurements (Details Textual) - USD ($) | 3 Months Ended | 12 Months Ended |
Jun. 30, 2024 | Dec. 31, 2023 | |
Estimated Selling Costs of Impaired Loans | $ 1,032,000 | $ 843,000 |
Mandatorily Redeemable Securities | $ 8,000,000 | |
Notes Payable, Other Payables [Member] | ||
Debt Instrument, Basis Spread on Variable Rate | 1.67% | |
Other Borrowings [Member] | ||
Notes Payable, Total | $ 8,200,000 |
Note 5 - Fair Value Measureme_4
Note 5 - Fair Value Measurements - Assets Measured on a Recurring Basis (Details) - USD ($) | Jun. 30, 2024 | Dec. 31, 2023 |
Total debt securities | $ 166,424,000 | $ 170,779,000 |
Equity securities | 881,000 | 955,000 |
Investment securities available for sale, at fair value | 166,424,000 | 170,779,000 |
Subordinated Debt Securities [Member] | ||
Total debt securities | 31,930,000 | 31,919,000 |
Investment securities available for sale, at fair value | 31,930,000 | 31,919,000 |
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Total debt securities | 7,806,000 | 6,318,000 |
Investment securities available for sale, at fair value | 7,806,000 | 6,318,000 |
Fair Value, Recurring [Member] | ||
Total debt securities | 166,424,000 | 170,779,000 |
Equity securities | 760,000 | 814,000 |
Total | 167,184,000 | 171,593,000 |
Investment securities available for sale, at fair value | 166,424,000 | 170,779,000 |
Fair Value, Recurring [Member] | Subordinated Debt Securities [Member] | ||
Total debt securities | 31,930,000 | 31,919,000 |
Investment securities available for sale, at fair value | 31,930,000 | 31,919,000 |
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | ||
Total debt securities | 126,688,000 | 132,542,000 |
Investment securities available for sale, at fair value | 126,688,000 | 132,542,000 |
Fair Value, Recurring [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Total debt securities | 7,806,000 | 6,318,000 |
Investment securities available for sale, at fair value | 7,806,000 | 6,318,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Total debt securities | 0 | 0 |
Equity securities | 760,000 | 814,000 |
Total | 760,000 | 814,000 |
Investment securities available for sale, at fair value | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Subordinated Debt Securities [Member] | ||
Total debt securities | 0 | 0 |
Investment securities available for sale, at fair value | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | US States and Political Subdivisions Debt Securities [Member] | ||
Total debt securities | 0 | 0 |
Investment securities available for sale, at fair value | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Total debt securities | 0 | 0 |
Investment securities available for sale, at fair value | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Total debt securities | 159,814,000 | 161,978,000 |
Equity securities | 0 | 0 |
Total | 159,814,000 | 161,978,000 |
Investment securities available for sale, at fair value | 159,814,000 | 161,978,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Subordinated Debt Securities [Member] | ||
Total debt securities | 25,320,000 | 23,118,000 |
Investment securities available for sale, at fair value | 25,320,000 | 23,118,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | US States and Political Subdivisions Debt Securities [Member] | ||
Total debt securities | 126,688,000 | 132,542,000 |
Investment securities available for sale, at fair value | 126,688,000 | 132,542,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Total debt securities | 7,806,000 | 6,318,000 |
Investment securities available for sale, at fair value | 7,806,000 | 6,318,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Total debt securities | 6,610,000 | 8,801,000 |
Equity securities | 0 | 0 |
Total | 6,610,000 | 8,801,000 |
Investment securities available for sale, at fair value | 6,610,000 | 8,801,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Subordinated Debt Securities [Member] | ||
Total debt securities | 6,610,000 | 8,801,000 |
Investment securities available for sale, at fair value | 6,610,000 | 8,801,000 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | US States and Political Subdivisions Debt Securities [Member] | ||
Total debt securities | 0 | 0 |
Investment securities available for sale, at fair value | 0 | 0 |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Total debt securities | 0 | 0 |
Investment securities available for sale, at fair value | $ 0 | $ 0 |
Note 5 - Fair Value Measureme_5
Note 5 - Fair Value Measurements - Fair Value Reconciliation of Level 3 Assets (Details) - Subordinated Debt Obligations [Member] - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2024 | Dec. 31, 2023 | ||
Beginning of year | $ 8,801 | $ 8,737 | |
Purchases | 0 | 1,000 | |
Transfers out of Level III (1) | [1] | (2,250) | (1,000) |
Net change in unrealized loss on investment securities available-for-sale | 59 | 64 | |
Balance at end of period | $ 6,610 | $ 8,801 | |
[1]Transfers between hierarchy levels are based on the availability of sufficient observable inputs to meet Level II versus Level III criteria. The level designation of each financial instrument is reassessed at the end of each period. |
Note 5 - Fair Value Measureme_6
Note 5 - Fair Value Measurements - Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Collateral-dependent loans | $ 3,849 | $ 3,361 |
Fair Value, Inputs, Level 1 [Member] | ||
Collateral-dependent loans | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | ||
Collateral-dependent loans | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | ||
Collateral-dependent loans | $ 3,849 | $ 3,361 |
Note 5 - Fair Value Measureme_7
Note 5 - Fair Value Measurements - Additional Quantitative Information About Assets Measured at Fair Value on Non-recurring Basis (Details) - Fair Value, Nonrecurring [Member] - Fair Value, Inputs, Level 3 [Member] - Appraisal of Collateral [Member] $ in Thousands | Jun. 30, 2024 USD ($) | Dec. 31, 2023 USD ($) |
Collateral-dependent loans | $ 3,849 | $ 3,361 |
Minimum [Member] | Measurement Input, Appraised Value [Member] | ||
Collateral-dependent loans, range | 0.214 | 0.201 |
Note 5 - Fair Value Measureme_8
Note 5 - Fair Value Measurements - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Reported Value Measurement [Member] | ||
Financial assets: | ||
Net loans | $ 1,475,909 | $ 1,456,437 |
Mortgage servicing rights | 1,554 | 1,636 |
Financial liabilities: | ||
Non-maturing deposits | 1,141,668 | 1,092,287 |
Time deposits | 327,876 | 334,315 |
Other borrowings | 11,762 | 11,862 |
Estimate of Fair Value Measurement [Member] | ||
Financial assets: | ||
Net loans | 1,418,616 | 1,370,657 |
Mortgage servicing rights | 2,642 | 2,781 |
Financial liabilities: | ||
Non-maturing deposits | 1,141,668 | 1,092,287 |
Time deposits | 327,876 | 331,638 |
Other borrowings | 11,762 | 11,862 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Financial assets: | ||
Net loans | 0 | 0 |
Mortgage servicing rights | ||
Financial liabilities: | ||
Non-maturing deposits | 1,141,668 | 1,092,287 |
Time deposits | 0 | 0 |
Other borrowings | 0 | 0 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Financial assets: | ||
Net loans | 0 | 0 |
Mortgage servicing rights | ||
Financial liabilities: | ||
Non-maturing deposits | 0 | 0 |
Time deposits | 0 | 0 |
Other borrowings | 0 | 0 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Financial assets: | ||
Net loans | 1,418,616 | 1,370,657 |
Mortgage servicing rights | 2,642 | 2,781 |
Financial liabilities: | ||
Non-maturing deposits | 0 | 0 |
Time deposits | 327,876 | 331,638 |
Other borrowings | $ 11,762 | $ 11,862 |
Note 6 - Investments and Equi_3
Note 6 - Investments and Equity Securities (Details Textual) | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Dec. 31, 2023 USD ($) | ||
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | $ 1,700,000 | $ 1,700,000 | $ 1,700,000 | |||
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 35 | 35 | ||||
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 166 | 166 | ||||
Equity Securities, FV-NI, Current | $ 881,000 | $ 881,000 | 955,000 | |||
Equity Securities, FV-NI, Unrealized Gain (Loss) | [1] | (27,000) | $ (67,000) | (79,000) | $ (205,000) | |
Asset Pledged as Collateral [Member] | Deposits [Member] | ||||||
Financial Instruments, Owned, at Fair Value | $ 116,400,000 | $ 116,400,000 | $ 118,800,000 | |||
[1]Not within scope of ASC 606 |
Note 6 - Investments and Equi_4
Note 6 - Investments and Equity Securities- Amortized Cost and Fair Values of Securities Available for Sale (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | ||
Amortized cost | $ 191,067 | [1] | $ 191,146 | [2] |
Gross unrealized gains | 76 | 223 | ||
Gross unrealized losses | (24,719) | (20,590) | ||
Investment securities available for sale, at fair value | 166,424 | 170,779 | ||
Subordinated Debt Securities [Member] | ||||
Amortized cost | 34,300 | [1] | 34,300 | [2] |
Gross unrealized gains | 57 | 70 | ||
Gross unrealized losses | (2,427) | (2,451) | ||
Investment securities available for sale, at fair value | 31,930 | 31,919 | ||
Nontaxable Municipal Bonds [Member] | ||||
Amortized cost | 148,254 | [1] | 149,881 | [2] |
Gross unrealized gains | 7 | 153 | ||
Gross unrealized losses | (21,573) | (17,492) | ||
Investment securities available for sale, at fair value | 126,688 | 132,542 | ||
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||||
Amortized cost | 8,513 | [1] | 6,965 | [2] |
Gross unrealized gains | 12 | 0 | ||
Gross unrealized losses | (719) | (647) | ||
Investment securities available for sale, at fair value | $ 7,806 | $ 6,318 | ||
[1]Amortized cost excludes accrued interest receivable of $1.7 million for the period ending June 30, 2024.[2]Amortized cost excludes accrued interest receivable of $1.7 million for the period ending December 31, 2023. |
Note 6 - Investments and Equi_5
Note 6 - Investments and Equity Securities - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 | ||
Due in one year or less, amortized costs | $ 3 | |||
Due in one year or less, fair value | 3 | |||
Due after one year through five years, amortized costs | 6,009 | |||
Due after one year through five years, fair value | 5,826 | |||
Due after five years through ten years, amortized costs | 54,200 | |||
Due after five years through ten years, fair value | 50,786 | |||
Due after ten years, amortized costs | 130,855 | |||
Due after ten years, fair value | 109,809 | |||
Amortized costs | 191,067 | [1] | $ 191,146 | [2] |
Fair Value | $ 166,424 | $ 170,779 | ||
[1]Amortized cost excludes accrued interest receivable of $1.7 million for the period ending June 30, 2024.[2]Amortized cost excludes accrued interest receivable of $1.7 million for the period ending December 31, 2023. |
Note 6 - Investments and Equi_6
Note 6 - Investments and Equity Securities - Gross Unrealized Losses and Fair Value (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Less than Twelve Months, Fair Value | $ 27,469 | $ 2,575 |
Less than Twelve Months, Gross Unrealized Losses | (664) | (17) |
Twelve Months or Greater, Fair Value | 129,480 | 141,556 |
Twelve Months or Greater, Gross Unrealized Losses | (24,055) | (20,573) |
Total, Fair Value | 156,949 | 144,131 |
Total, Gross Unrealized Losses | (24,719) | (20,590) |
Less than Twelve Months, Fair Value | 27,469 | 2,575 |
Less than Twelve Months, Gross Unrealized Losses | (664) | (17) |
Twelve Months or Greater, Fair Value | 129,480 | 141,556 |
Twelve Months or Greater, Gross Unrealized Losses | (24,055) | (20,573) |
Total, Fair Value | 156,949 | 144,131 |
Total, Gross Unrealized Losses | (24,719) | (20,590) |
Subordinated Debt Securities [Member] | ||
Less than Twelve Months, Fair Value | 10,376 | 994 |
Less than Twelve Months, Gross Unrealized Losses | (374) | (6) |
Twelve Months or Greater, Fair Value | 20,496 | 29,356 |
Twelve Months or Greater, Gross Unrealized Losses | (2,053) | (2,445) |
Total, Fair Value | 30,872 | 30,350 |
Total, Gross Unrealized Losses | (2,427) | (2,451) |
Less than Twelve Months, Fair Value | 10,376 | 994 |
Less than Twelve Months, Gross Unrealized Losses | (374) | (6) |
Twelve Months or Greater, Fair Value | 20,496 | 29,356 |
Twelve Months or Greater, Gross Unrealized Losses | (2,053) | (2,445) |
Total, Fair Value | 30,872 | 30,350 |
Total, Gross Unrealized Losses | (2,427) | (2,451) |
Nontaxable Municipal Bonds [Member] | ||
Less than Twelve Months, Fair Value | 17,093 | 1,386 |
Less than Twelve Months, Gross Unrealized Losses | (290) | (10) |
Twelve Months or Greater, Fair Value | 103,085 | 106,078 |
Twelve Months or Greater, Gross Unrealized Losses | (21,283) | (17,482) |
Total, Fair Value | 120,178 | 107,464 |
Total, Gross Unrealized Losses | (21,573) | (17,492) |
Less than Twelve Months, Fair Value | 17,093 | 1,386 |
Less than Twelve Months, Gross Unrealized Losses | (290) | (10) |
Twelve Months or Greater, Fair Value | 103,085 | 106,078 |
Twelve Months or Greater, Gross Unrealized Losses | (21,283) | (17,482) |
Total, Fair Value | 120,178 | 107,464 |
Total, Gross Unrealized Losses | (21,573) | (17,492) |
Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member] | ||
Less than Twelve Months, Fair Value | 0 | 195 |
Less than Twelve Months, Gross Unrealized Losses | 0 | (1) |
Twelve Months or Greater, Fair Value | 5,899 | 6,122 |
Twelve Months or Greater, Gross Unrealized Losses | (719) | (646) |
Total, Fair Value | 5,899 | 6,317 |
Total, Gross Unrealized Losses | (719) | (647) |
Less than Twelve Months, Fair Value | 0 | 195 |
Less than Twelve Months, Gross Unrealized Losses | 0 | (1) |
Twelve Months or Greater, Fair Value | 5,899 | 6,122 |
Twelve Months or Greater, Gross Unrealized Losses | (719) | (646) |
Total, Fair Value | 5,899 | 6,317 |
Total, Gross Unrealized Losses | $ (719) | $ (647) |
Note 7 - Loans and Related Al_3
Note 7 - Loans and Related Allowance for Credit Losses (Details Textual) | 3 Months Ended | 6 Months Ended | ||||||
Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Jun. 30, 2024 USD ($) | Jun. 30, 2023 USD ($) | Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | |
Financing Receivable, Accrued Interest, after Allowance for Credit Loss | $ 5,700,000 | $ 5,700,000 | $ 5,500,000 | |||||
Financing Receivable, Deferred Commitment Fee | 8,600,000 | 8,600,000 | 9,200,000 | |||||
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease) | $ (102,000) | |||||||
Financing Receivable, Allowance for Credit Loss, Period Increase (Decrease), Percentage | 0.50% | |||||||
Financing Receivable, before Allowance for Credit Loss, Total | 1,497,704,000 | $ 1,497,704,000 | 1,478,130,000 | |||||
Financing Receivable, Nonaccrual, Interest Income | $ 171,000 | $ 88,000 | 300,000 | $ 203,000 | ||||
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts | 0 | |||||||
Mortgage Loans in Process of Foreclosure, Amount | $ 195,000 | 195,000 | 228,000 | |||||
Financing Receivable, Allowance for Credit Loss | 21,795,000 | $ 20,591,000 | 21,795,000 | $ 20,591,000 | $ 21,069,000 | 21,693,000 | $ 20,162,000 | $ 14,438,000 |
Threshold For Loans Evaluated For Impairment [Member] | ||||||||
Financing Receivable, before Allowance for Credit Loss, Total | 750,000 | 750,000 | ||||||
Threshold For Loans Evaluated For Impairment [Member] | Criticized Relationships [Member] | ||||||||
Financing Receivable, before Allowance for Credit Loss, Total | 150,000 | 150,000 | ||||||
Unfunded Loan Commitment [Member] | ||||||||
Financing Receivable, Allowance for Credit Loss | $ 1,700,000 | $ 1,700,000 | $ 1,800,000 |
Note 7 - Loans and Related Al_4
Note 7 - Loans and Related Allowance for Credit Losses - Primary Segments of the Loan Portfolio (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Mar. 31, 2024 | Dec. 31, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Dec. 31, 2022 |
Loans | $ 1,497,704 | $ 1,478,130 | ||||
Less: Allowance for credit losses | (21,795) | $ (21,069) | (21,693) | $ (20,591) | $ (20,162) | $ (14,438) |
Net loans | 1,475,909 | 1,456,437 | ||||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | ||||||
Loans | 182,809 | 183,545 | ||||
Less: Allowance for credit losses | (2,058) | (2,060) | (2,668) | (3,413) | (2,678) | (2,203) |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||||||
Loans | 385,648 | 401,580 | ||||
Less: Allowance for credit losses | (7,981) | (7,768) | (4,480) | (3,846) | (4,712) | (5,597) |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | ||||||
Loans | 86,951 | 82,506 | ||||
Less: Allowance for credit losses | (1,268) | (1,204) | (1,796) | (1,279) | (1,371) | (662) |
Residential Portfolio Segment [Member] | ||||||
Loans | 337,121 | 328,854 | ||||
Less: Allowance for credit losses | (4,891) | (4,774) | (5,450) | (5,114) | (4,967) | (2,047) |
Commercial And Industrial [Member] | ||||||
Loans | 234,702 | 221,508 | ||||
Less: Allowance for credit losses | (2,430) | (2,038) | (4,377) | (4,104) | (3,819) | (1,483) |
Home Equity Lines of Credit [Member] | ||||||
Loans | 131,047 | 127,818 | ||||
Less: Allowance for credit losses | (813) | (785) | (750) | (723) | (809) | (1,753) |
Construction and Other [Member] | ||||||
Loans | 132,530 | 125,105 | ||||
Less: Allowance for credit losses | (2,290) | (2,373) | (1,990) | (1,884) | (1,553) | (609) |
Consumer Portfolio Segment [Member] | ||||||
Loans | 6,896 | 7,214 | ||||
Less: Allowance for credit losses | $ (64) | $ (67) | $ (182) | $ (228) | $ (253) | $ (84) |
Note 7 - Loans and Related Al_5
Note 7 - Loans and Related Allowance for Credit Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Beginning balance | $ 21,069 | $ 20,162 | $ 21,693 | $ 14,438 | $ 14,438 |
Charge-offs | (6) | (163) | (13) | (275) | |
Recoveries | 35 | 52 | 110 | 172 | |
Provision | 697 | 540 | 5 | 874 | |
Ending balance | 21,795 | 20,591 | 21,795 | 20,591 | 21,693 |
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 5,382 | 5,382 | ||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | |||||
Beginning balance | 2,060 | 2,678 | 2,668 | 2,203 | 2,203 |
Charge-offs | 0 | (46) | 0 | (46) | (46) |
Recoveries | 0 | 1 | 11 | 3 | |
Provision | (2) | 780 | (621) | 442 | |
Ending balance | 2,058 | 3,413 | 2,058 | 3,413 | 2,668 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 811 | 811 | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | |||||
Beginning balance | 7,768 | 4,712 | 4,480 | 5,597 | 5,597 |
Charge-offs | 0 | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 | |
Provision | 213 | (866) | 3,501 | (545) | |
Ending balance | 7,981 | 3,846 | 7,981 | 3,846 | 4,480 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | (1,206) | (1,206) | ||
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | |||||
Beginning balance | 1,204 | 1,371 | 1,796 | 662 | 662 |
Charge-offs | 0 | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 | |
Provision | 64 | (92) | (528) | 26 | |
Ending balance | 1,268 | 1,279 | 1,268 | 1,279 | 1,796 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 591 | 591 | ||
Residential Portfolio Segment [Member] | |||||
Beginning balance | 4,774 | 4,967 | 5,450 | 2,047 | 2,047 |
Charge-offs | 0 | (108) | 0 | (108) | (108) |
Recoveries | 0 | 0 | 0 | 0 | |
Provision | 117 | 255 | (559) | 431 | |
Ending balance | 4,891 | 5,114 | 4,891 | 5,114 | 5,450 |
Residential Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 2,744 | 2,744 | ||
Commercial And Industrial [Member] | |||||
Beginning balance | 2,038 | 3,819 | 4,377 | 1,483 | 1,483 |
Charge-offs | 0 | (6) | 0 | (60) | (85) |
Recoveries | 8 | 9 | 16 | 20 | |
Provision | 384 | 282 | (1,963) | 341 | |
Ending balance | 2,430 | 4,104 | 2,430 | 4,104 | 4,377 |
Commercial And Industrial [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 2,320 | 2,320 | ||
Home Equity Lines of Credit [Member] | |||||
Beginning balance | 785 | 809 | 750 | 1,753 | 1,753 |
Charge-offs | 0 | 0 | (7) | 0 | 0 |
Recoveries | 0 | 0 | 0 | 70 | |
Provision | 28 | (86) | 70 | (69) | |
Ending balance | 813 | 723 | 813 | 723 | 750 |
Home Equity Lines of Credit [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | (1,031) | (1,031) | ||
Construction and Other [Member] | |||||
Beginning balance | 2,373 | 1,553 | 1,990 | 609 | 609 |
Charge-offs | 0 | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 | |
Provision | (83) | 331 | 300 | 319 | |
Ending balance | 2,290 | 1,884 | 2,290 | 1,884 | 1,990 |
Construction and Other [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | 0 | 956 | 956 | ||
Consumer Portfolio Segment [Member] | |||||
Beginning balance | 67 | 253 | 182 | 84 | 84 |
Charge-offs | (6) | (3) | (6) | (61) | (63) |
Recoveries | 27 | 42 | 83 | 79 | |
Provision | (24) | (64) | (195) | (71) | |
Ending balance | $ 64 | 228 | $ 64 | 228 | 182 |
Consumer Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | |||||
Beginning balance | $ 0 | $ 197 | $ 197 |
Note 7 - Loans and Related Al_6
Note 7 - Loans and Related Allowance for Credit Losses - Classes of the Loan Portfolio Summarized by Credit Quality (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Dec. 31, 2023 | |
Term loans amortized, current year | $ 61,697 | $ 61,697 | $ 241,600 | ||
Term loans amortized, one year before | 261,125 | 261,125 | 290,633 | ||
Term loans amortized, two years before | 278,616 | 278,616 | 207,871 | ||
Term loans amortized, three years before | 198,764 | 198,764 | 126,649 | ||
Term loans amortized, four years before | 118,649 | 118,649 | 85,500 | ||
Term loans amortized, prior | 354,944 | 354,944 | 310,143 | ||
Term loans amortized, revolving | 223,909 | 223,909 | 215,734 | ||
Loans | 1,497,704 | 1,497,704 | 1,478,130 | ||
Current-period gross charge-offs, total | 6 | $ 163 | 13 | $ 275 | |
Loss | (61,697) | (61,697) | (241,600) | ||
Loss | (261,125) | (261,125) | (290,633) | ||
Loss | (278,616) | (278,616) | (207,871) | ||
Loss | (198,764) | (198,764) | (126,649) | ||
Loss | (118,649) | (118,649) | (85,500) | ||
Loss | (354,944) | (354,944) | (310,143) | ||
Loss | (223,909) | (223,909) | (215,734) | ||
Loss | (1,497,704) | (1,497,704) | (1,478,130) | ||
Pass [Member] | |||||
Term loans amortized, current year | 61,483 | 61,483 | 241,587 | ||
Term loans amortized, one year before | 256,114 | 256,114 | 279,671 | ||
Term loans amortized, two years before | 262,759 | 262,759 | 204,223 | ||
Term loans amortized, three years before | 194,864 | 194,864 | 124,701 | ||
Term loans amortized, four years before | 118,278 | 118,278 | 74,005 | ||
Term loans amortized, prior | 312,337 | 312,337 | 276,267 | ||
Term loans amortized, revolving | 211,505 | 211,505 | 203,937 | ||
Loans | 1,417,340 | 1,417,340 | 1,404,391 | ||
Loss | (61,483) | (61,483) | (241,587) | ||
Loss | (256,114) | (256,114) | (279,671) | ||
Loss | (262,759) | (262,759) | (204,223) | ||
Loss | (194,864) | (194,864) | (124,701) | ||
Loss | (118,278) | (118,278) | (74,005) | ||
Loss | (312,337) | (312,337) | (276,267) | ||
Loss | (211,505) | (211,505) | (203,937) | ||
Loss | (1,417,340) | (1,417,340) | (1,404,391) | ||
Special Mention [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 8,352 | ||
Term loans amortized, two years before | 3,356 | 3,356 | 2,371 | ||
Term loans amortized, three years before | 2,734 | 2,734 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 278 | ||
Term loans amortized, prior | 3,161 | 3,161 | 2,996 | ||
Term loans amortized, revolving | 792 | 792 | 184 | ||
Loans | 10,043 | 10,043 | 14,181 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (8,352) | ||
Loss | (3,356) | (3,356) | (2,371) | ||
Loss | (2,734) | (2,734) | 0 | ||
Loss | 0 | 0 | (278) | ||
Loss | (3,161) | (3,161) | (2,996) | ||
Loss | (792) | (792) | (184) | ||
Loss | (10,043) | (10,043) | (14,181) | ||
Substandard [Member] | |||||
Term loans amortized, current year | 214 | 214 | 13 | ||
Term loans amortized, one year before | 5,011 | 5,011 | 2,610 | ||
Term loans amortized, two years before | 12,501 | 12,501 | 630 | ||
Term loans amortized, three years before | 1,166 | 1,166 | 1,948 | ||
Term loans amortized, four years before | 371 | 371 | 7,330 | ||
Term loans amortized, prior | 39,450 | 39,450 | 30,884 | ||
Term loans amortized, revolving | 11,612 | 11,612 | 11,613 | ||
Loans | 70,325 | 70,325 | 55,028 | ||
Loss | (214) | (214) | (13) | ||
Loss | (5,011) | (5,011) | (2,610) | ||
Loss | (12,501) | (12,501) | (630) | ||
Loss | (1,166) | (1,166) | (1,948) | ||
Loss | (371) | (371) | (7,330) | ||
Loss | (39,450) | (39,450) | (30,884) | ||
Loss | (11,612) | (11,612) | (11,613) | ||
Loss | (70,325) | (70,325) | (55,028) | ||
Doubtful [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 0 | ||||
Term loans amortized, two years before | 647 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 3,887 | ||||
Term loans amortized, prior | 0 | ||||
Term loans amortized, revolving | 0 | ||||
Loans | 4,534 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (647) | ||||
Loss | 0 | ||||
Loss | (3,887) | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (4,534) | ||||
Unlikely to be Collected Financing Receivable [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 0 | ||
Term loans amortized, two years before | 0 | 0 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 0 | ||
Term loans amortized, prior | 4 | 4 | 4 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 4 | 4 | 4 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (4) | (4) | (4) | ||
Loss | 0 | 0 | 0 | ||
Loss | (4) | (4) | (4) | ||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | |||||
Term loans amortized, current year | 5,523 | 5,523 | 14,634 | ||
Term loans amortized, one year before | 20,753 | 20,753 | 39,477 | ||
Term loans amortized, two years before | 35,527 | 35,527 | 41,609 | ||
Term loans amortized, three years before | 38,814 | 38,814 | 26,599 | ||
Term loans amortized, four years before | 25,592 | 25,592 | 12,463 | ||
Term loans amortized, prior | 54,193 | 54,193 | 46,101 | ||
Term loans amortized, revolving | 2,407 | 2,407 | 2,662 | ||
Loans | 182,809 | 182,809 | 183,545 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 46 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 46 | 0 | 46 | 46 |
Loss | (5,523) | (5,523) | (14,634) | ||
Loss | (20,753) | (20,753) | (39,477) | ||
Loss | (35,527) | (35,527) | (41,609) | ||
Loss | (38,814) | (38,814) | (26,599) | ||
Loss | (25,592) | (25,592) | (12,463) | ||
Loss | (54,193) | (54,193) | (46,101) | ||
Loss | (2,407) | (2,407) | (2,662) | ||
Loss | (182,809) | (182,809) | (183,545) | ||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Pass [Member] | |||||
Term loans amortized, current year | 5,523 | 5,523 | 14,634 | ||
Term loans amortized, one year before | 20,753 | 20,753 | 34,850 | ||
Term loans amortized, two years before | 30,965 | 30,965 | 41,609 | ||
Term loans amortized, three years before | 38,412 | 38,412 | 25,040 | ||
Term loans amortized, four years before | 25,592 | 25,592 | 12,304 | ||
Term loans amortized, prior | 50,059 | 50,059 | 41,976 | ||
Term loans amortized, revolving | 2,407 | 2,407 | 2,662 | ||
Loans | 173,711 | 173,711 | 173,075 | ||
Loss | (5,523) | (5,523) | (14,634) | ||
Loss | (20,753) | (20,753) | (34,850) | ||
Loss | (30,965) | (30,965) | (41,609) | ||
Loss | (38,412) | (38,412) | (25,040) | ||
Loss | (25,592) | (25,592) | (12,304) | ||
Loss | (50,059) | (50,059) | (41,976) | ||
Loss | (2,407) | (2,407) | (2,662) | ||
Loss | (173,711) | (173,711) | (173,075) | ||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 2,271 | ||
Term loans amortized, two years before | 0 | 0 | 0 | ||
Term loans amortized, three years before | 402 | 402 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 13 | ||
Term loans amortized, prior | 789 | 789 | 799 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 1,191 | 1,191 | 3,083 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (2,271) | ||
Loss | 0 | 0 | 0 | ||
Loss | (402) | (402) | 0 | ||
Loss | 0 | 0 | (13) | ||
Loss | (789) | (789) | (799) | ||
Loss | 0 | 0 | 0 | ||
Loss | (1,191) | (1,191) | (3,083) | ||
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 2,356 | ||
Term loans amortized, two years before | 4,562 | 4,562 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 1,559 | ||
Term loans amortized, four years before | 0 | 0 | 146 | ||
Term loans amortized, prior | 3,345 | 3,345 | 3,326 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 7,907 | 7,907 | 7,387 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (2,356) | ||
Loss | (4,562) | (4,562) | 0 | ||
Loss | 0 | 0 | (1,559) | ||
Loss | 0 | 0 | (146) | ||
Loss | (3,345) | (3,345) | (3,326) | ||
Loss | 0 | 0 | 0 | ||
Loss | (7,907) | (7,907) | (7,387) | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | |||||
Term loans amortized, current year | 5,480 | 5,480 | 43,393 | ||
Term loans amortized, one year before | 43,873 | 43,873 | 97,606 | ||
Term loans amortized, two years before | 97,554 | 97,554 | 41,606 | ||
Term loans amortized, three years before | 40,978 | 40,978 | 22,707 | ||
Term loans amortized, four years before | 20,833 | 20,833 | 41,529 | ||
Term loans amortized, prior | 176,751 | 176,751 | 154,235 | ||
Term loans amortized, revolving | 179 | 179 | 504 | ||
Loans | 385,648 | 385,648 | 401,580 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 0 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 0 | 0 | 0 | 0 |
Loss | (5,480) | (5,480) | (43,393) | ||
Loss | (43,873) | (43,873) | (97,606) | ||
Loss | (97,554) | (97,554) | (41,606) | ||
Loss | (40,978) | (40,978) | (22,707) | ||
Loss | (20,833) | (20,833) | (41,529) | ||
Loss | (176,751) | (176,751) | (154,235) | ||
Loss | (179) | (179) | (504) | ||
Loss | (385,648) | (385,648) | (401,580) | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Pass [Member] | |||||
Term loans amortized, current year | 5,480 | 5,480 | 43,393 | ||
Term loans amortized, one year before | 43,873 | 43,873 | 95,098 | ||
Term loans amortized, two years before | 91,055 | 91,055 | 40,959 | ||
Term loans amortized, three years before | 40,339 | 40,339 | 22,707 | ||
Term loans amortized, four years before | 20,833 | 20,833 | 32,405 | ||
Term loans amortized, prior | 142,187 | 142,187 | 127,469 | ||
Term loans amortized, revolving | 179 | 179 | 504 | ||
Loans | 343,946 | 343,946 | 362,535 | ||
Loss | (5,480) | (5,480) | (43,393) | ||
Loss | (43,873) | (43,873) | (95,098) | ||
Loss | (91,055) | (91,055) | (40,959) | ||
Loss | (40,339) | (40,339) | (22,707) | ||
Loss | (20,833) | (20,833) | (32,405) | ||
Loss | (142,187) | (142,187) | (127,469) | ||
Loss | (179) | (179) | (504) | ||
Loss | (343,946) | (343,946) | (362,535) | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 2,508 | ||
Term loans amortized, two years before | 2,508 | 2,508 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 0 | ||
Term loans amortized, prior | 2,129 | 2,129 | 2,197 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 4,637 | 4,637 | 4,705 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (2,508) | ||
Loss | (2,508) | (2,508) | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (2,129) | (2,129) | (2,197) | ||
Loss | 0 | 0 | 0 | ||
Loss | (4,637) | (4,637) | (4,705) | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 0 | ||
Term loans amortized, two years before | 3,991 | 3,991 | 0 | ||
Term loans amortized, three years before | 639 | 639 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 5,237 | ||
Term loans amortized, prior | 32,435 | 32,435 | 24,569 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 37,065 | 37,065 | 29,806 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (3,991) | (3,991) | 0 | ||
Loss | (639) | (639) | 0 | ||
Loss | 0 | 0 | (5,237) | ||
Loss | (32,435) | (32,435) | (24,569) | ||
Loss | 0 | 0 | 0 | ||
Loss | (37,065) | (37,065) | (29,806) | ||
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Doubtful [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 0 | ||||
Term loans amortized, two years before | 647 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 3,887 | ||||
Term loans amortized, prior | 0 | ||||
Term loans amortized, revolving | 0 | ||||
Loans | 4,534 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (647) | ||||
Loss | 0 | ||||
Loss | (3,887) | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (4,534) | ||||
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | |||||
Term loans amortized, current year | 2,766 | 2,766 | 29,218 | ||
Term loans amortized, one year before | 28,897 | 28,897 | 25,776 | ||
Term loans amortized, two years before | 25,488 | 25,488 | 4,267 | ||
Term loans amortized, three years before | 7,545 | 7,545 | 10,453 | ||
Term loans amortized, four years before | 10,256 | 10,256 | 1,391 | ||
Term loans amortized, prior | 11,953 | 11,953 | 11,297 | ||
Term loans amortized, revolving | 46 | 46 | 104 | ||
Loans | 86,951 | 86,951 | 82,506 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 0 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 0 | 0 | 0 | 0 |
Loss | (2,766) | (2,766) | (29,218) | ||
Loss | (28,897) | (28,897) | (25,776) | ||
Loss | (25,488) | (25,488) | (4,267) | ||
Loss | (7,545) | (7,545) | (10,453) | ||
Loss | (10,256) | (10,256) | (1,391) | ||
Loss | (11,953) | (11,953) | (11,297) | ||
Loss | (46) | (46) | (104) | ||
Loss | (86,951) | (86,951) | (82,506) | ||
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Pass [Member] | |||||
Term loans amortized, current year | 2,766 | 2,766 | 29,218 | ||
Term loans amortized, one year before | 28,897 | 28,897 | 25,776 | ||
Term loans amortized, two years before | 25,488 | 25,488 | 4,267 | ||
Term loans amortized, three years before | 7,545 | 7,545 | 10,453 | ||
Term loans amortized, four years before | 10,256 | 10,256 | 1,391 | ||
Term loans amortized, prior | 11,953 | 11,953 | 11,231 | ||
Term loans amortized, revolving | 46 | 46 | 104 | ||
Loans | 86,951 | 86,951 | 82,440 | ||
Loss | (2,766) | (2,766) | (29,218) | ||
Loss | (28,897) | (28,897) | (25,776) | ||
Loss | (25,488) | (25,488) | (4,267) | ||
Loss | (7,545) | (7,545) | (10,453) | ||
Loss | (10,256) | (10,256) | (1,391) | ||
Loss | (11,953) | (11,953) | (11,231) | ||
Loss | (46) | (46) | (104) | ||
Loss | (86,951) | (86,951) | (82,440) | ||
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | 0 | |||
Term loans amortized, one year before | 0 | 0 | |||
Term loans amortized, two years before | 0 | 0 | |||
Term loans amortized, three years before | 0 | 0 | |||
Term loans amortized, four years before | 0 | 0 | |||
Term loans amortized, prior | 0 | 0 | |||
Term loans amortized, revolving | 792 | 792 | |||
Loans | 792 | 792 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | (792) | (792) | |||
Loss | (792) | (792) | |||
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 0 | ||
Term loans amortized, two years before | 121 | 121 | 0 | ||
Term loans amortized, three years before | 107 | 107 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 0 | ||
Term loans amortized, prior | 1,357 | 1,357 | 66 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 1,585 | 1,585 | 66 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (121) | (121) | 0 | ||
Loss | (107) | (107) | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (1,357) | (1,357) | (66) | ||
Loss | 0 | 0 | 0 | ||
Loss | (1,585) | (1,585) | (66) | ||
Residential Portfolio Segment [Member] | |||||
Term loans amortized, current year | 20,935 | 20,935 | 50,086 | ||
Term loans amortized, one year before | 49,734 | 49,734 | 56,307 | ||
Term loans amortized, two years before | 55,130 | 55,130 | 79,119 | ||
Term loans amortized, three years before | 76,991 | 76,991 | 39,476 | ||
Term loans amortized, four years before | 37,503 | 37,503 | 19,442 | ||
Term loans amortized, prior | 95,943 | 95,943 | 83,752 | ||
Term loans amortized, revolving | 885 | 885 | 672 | ||
Loans | 337,121 | 337,121 | 328,854 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 108 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 108 | 0 | 108 | 108 |
Loss | (20,935) | (20,935) | (50,086) | ||
Loss | (49,734) | (49,734) | (56,307) | ||
Loss | (55,130) | (55,130) | (79,119) | ||
Loss | (76,991) | (76,991) | (39,476) | ||
Loss | (37,503) | (37,503) | (19,442) | ||
Loss | (95,943) | (95,943) | (83,752) | ||
Loss | (885) | (885) | (672) | ||
Loss | (337,121) | (337,121) | (328,854) | ||
Residential Portfolio Segment [Member] | Pass [Member] | |||||
Term loans amortized, current year | 20,935 | 20,935 | 50,086 | ||
Term loans amortized, one year before | 49,734 | 49,734 | 56,180 | ||
Term loans amortized, two years before | 55,009 | 55,009 | 78,909 | ||
Term loans amortized, three years before | 76,884 | 76,884 | 39,476 | ||
Term loans amortized, four years before | 37,503 | 37,503 | 19,418 | ||
Term loans amortized, prior | 94,586 | 94,586 | 82,441 | ||
Term loans amortized, revolving | 885 | 885 | 672 | ||
Loans | 335,536 | 335,536 | 327,182 | ||
Loss | (20,935) | (20,935) | (50,086) | ||
Loss | (49,734) | (49,734) | (56,180) | ||
Loss | (55,009) | (55,009) | (78,909) | ||
Loss | (76,884) | (76,884) | (39,476) | ||
Loss | (37,503) | (37,503) | (19,418) | ||
Loss | (94,586) | (94,586) | (82,441) | ||
Loss | (885) | (885) | (672) | ||
Loss | (335,536) | (335,536) | (327,182) | ||
Residential Portfolio Segment [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | 0 | |||
Term loans amortized, one year before | 0 | 0 | |||
Term loans amortized, two years before | 848 | 848 | |||
Term loans amortized, three years before | 2,332 | 2,332 | |||
Term loans amortized, four years before | 0 | 0 | |||
Term loans amortized, prior | 243 | 243 | |||
Term loans amortized, revolving | 0 | 0 | |||
Loans | 3,423 | 3,423 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | (848) | (848) | |||
Loss | (2,332) | (2,332) | |||
Loss | 0 | 0 | |||
Loss | (243) | (243) | |||
Loss | 0 | 0 | |||
Loss | (3,423) | (3,423) | |||
Residential Portfolio Segment [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 214 | 214 | 0 | ||
Term loans amortized, one year before | 5,011 | 5,011 | 127 | ||
Term loans amortized, two years before | 1,013 | 1,013 | 210 | ||
Term loans amortized, three years before | 0 | 0 | 0 | ||
Term loans amortized, four years before | 336 | 336 | 24 | ||
Term loans amortized, prior | 105 | 105 | 1,311 | ||
Term loans amortized, revolving | 10,331 | 10,331 | 0 | ||
Loans | 17,010 | 17,010 | 1,672 | ||
Loss | (214) | (214) | 0 | ||
Loss | (5,011) | (5,011) | (127) | ||
Loss | (1,013) | (1,013) | (210) | ||
Loss | 0 | 0 | 0 | ||
Loss | (336) | (336) | (24) | ||
Loss | (105) | (105) | (1,311) | ||
Loss | (10,331) | (10,331) | 0 | ||
Loss | (17,010) | (17,010) | (1,672) | ||
Residential Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | |||||
Term loans amortized, current year | 0 | 0 | |||
Term loans amortized, one year before | 0 | 0 | |||
Term loans amortized, two years before | 0 | 0 | |||
Term loans amortized, three years before | 0 | 0 | |||
Term loans amortized, four years before | 0 | 0 | |||
Term loans amortized, prior | 4 | 4 | |||
Term loans amortized, revolving | 0 | 0 | |||
Loans | 4 | 4 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | 0 | 0 | |||
Loss | (4) | (4) | |||
Loss | 0 | 0 | |||
Loss | (4) | (4) | |||
Commercial And Industrial [Member] | |||||
Term loans amortized, current year | 22,398 | 22,398 | 46,931 | ||
Term loans amortized, one year before | 47,186 | 47,186 | 43,509 | ||
Term loans amortized, two years before | 38,505 | 38,505 | 17,909 | ||
Term loans amortized, three years before | 15,639 | 15,639 | 25,496 | ||
Term loans amortized, four years before | 22,883 | 22,883 | 2,865 | ||
Term loans amortized, prior | 6,659 | 6,659 | 7,405 | ||
Term loans amortized, revolving | 81,432 | 81,432 | 77,393 | ||
Loans | 234,702 | 234,702 | 221,508 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 75 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 6 | |||
Current-period gross charge-offs, prior | 0 | 4 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 6 | 0 | 60 | 85 |
Loss | (22,398) | (22,398) | (46,931) | ||
Loss | (47,186) | (47,186) | (43,509) | ||
Loss | (38,505) | (38,505) | (17,909) | ||
Loss | (15,639) | (15,639) | (25,496) | ||
Loss | (22,883) | (22,883) | (2,865) | ||
Loss | (6,659) | (6,659) | (7,405) | ||
Loss | (81,432) | (81,432) | (77,393) | ||
Loss | (234,702) | (234,702) | (221,508) | ||
Commercial And Industrial [Member] | Pass [Member] | |||||
Term loans amortized, current year | 22,184 | 22,184 | 46,918 | ||
Term loans amortized, one year before | 42,175 | 42,175 | 43,494 | ||
Term loans amortized, two years before | 37,492 | 37,492 | 17,909 | ||
Term loans amortized, three years before | 15,639 | 15,639 | 25,143 | ||
Term loans amortized, four years before | 22,547 | 22,547 | 2,741 | ||
Term loans amortized, prior | 6,558 | 6,558 | 6,533 | ||
Term loans amortized, revolving | 70,309 | 70,309 | 66,842 | ||
Loans | 216,904 | 216,904 | 209,580 | ||
Loss | (22,184) | (22,184) | (46,918) | ||
Loss | (42,175) | (42,175) | (43,494) | ||
Loss | (37,492) | (37,492) | (17,909) | ||
Loss | (15,639) | (15,639) | (25,143) | ||
Loss | (22,547) | (22,547) | (2,741) | ||
Loss | (6,558) | (6,558) | (6,533) | ||
Loss | (70,309) | (70,309) | (66,842) | ||
Loss | (216,904) | (216,904) | (209,580) | ||
Commercial And Industrial [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 0 | ||||
Term loans amortized, two years before | 0 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 0 | ||||
Term loans amortized, prior | 0 | ||||
Term loans amortized, revolving | 184 | ||||
Loans | 184 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (184) | ||||
Loss | (184) | ||||
Commercial And Industrial [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 13 | ||
Term loans amortized, one year before | 0 | 0 | 15 | ||
Term loans amortized, two years before | 100 | 100 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 353 | ||
Term loans amortized, four years before | 35 | 35 | 124 | ||
Term loans amortized, prior | 756 | 756 | 876 | ||
Term loans amortized, revolving | 751 | 751 | 10,367 | ||
Loans | 1,642 | 1,642 | 11,748 | ||
Loss | 0 | 0 | (13) | ||
Loss | 0 | 0 | (15) | ||
Loss | (100) | (100) | 0 | ||
Loss | 0 | 0 | (353) | ||
Loss | (35) | (35) | (124) | ||
Loss | (756) | (756) | (876) | ||
Loss | (751) | (751) | (10,367) | ||
Loss | (1,642) | (1,642) | (11,748) | ||
Commercial And Industrial [Member] | Unlikely to be Collected Financing Receivable [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 0 | ||||
Term loans amortized, two years before | 0 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 0 | ||||
Term loans amortized, prior | 4 | ||||
Term loans amortized, revolving | 0 | ||||
Loans | 4 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (4) | ||||
Loss | 0 | ||||
Loss | (4) | ||||
Home Equity Lines of Credit [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 231 | ||
Term loans amortized, two years before | 255 | 255 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 52 | ||
Term loans amortized, four years before | 77 | 77 | 92 | ||
Term loans amortized, prior | 2,772 | 2,772 | 2,680 | ||
Term loans amortized, revolving | 127,943 | 127,943 | 124,763 | ||
Loans | 131,047 | 131,047 | 127,818 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 7 | 0 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 0 | 7 | 0 | 0 |
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (231) | ||
Loss | (255) | (255) | 0 | ||
Loss | 0 | 0 | (52) | ||
Loss | (77) | (77) | (92) | ||
Loss | (2,772) | (2,772) | (2,680) | ||
Loss | (127,943) | (127,943) | (124,763) | ||
Loss | (131,047) | (131,047) | (127,818) | ||
Home Equity Lines of Credit [Member] | Pass [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 126 | ||
Term loans amortized, two years before | 155 | 155 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 16 | ||
Term loans amortized, four years before | 42 | 42 | 63 | ||
Term loans amortized, prior | 2,016 | 2,016 | 2,097 | ||
Term loans amortized, revolving | 127,192 | 127,192 | 124,001 | ||
Loans | 129,405 | 129,405 | 126,303 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (126) | ||
Loss | (155) | (155) | 0 | ||
Loss | 0 | 0 | (16) | ||
Loss | (42) | (42) | (63) | ||
Loss | (2,016) | (2,016) | (2,097) | ||
Loss | (127,192) | (127,192) | (124,001) | ||
Loss | (129,405) | (129,405) | (126,303) | ||
Home Equity Lines of Credit [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 105 | ||
Term loans amortized, two years before | 2,710 | 2,710 | 0 | ||
Term loans amortized, three years before | 420 | 420 | 36 | ||
Term loans amortized, four years before | 0 | 0 | 29 | ||
Term loans amortized, prior | 1,271 | 1,271 | 583 | ||
Term loans amortized, revolving | 530 | 530 | 762 | ||
Loans | 4,931 | 4,931 | 1,515 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (105) | ||
Loss | (2,710) | (2,710) | 0 | ||
Loss | (420) | (420) | (36) | ||
Loss | 0 | 0 | (29) | ||
Loss | (1,271) | (1,271) | (583) | ||
Loss | (530) | (530) | (762) | ||
Loss | (4,931) | (4,931) | (1,515) | ||
Construction and Other [Member] | |||||
Term loans amortized, current year | 3,683 | 3,683 | 55,528 | ||
Term loans amortized, one year before | 69,283 | 69,283 | 26,632 | ||
Term loans amortized, two years before | 25,298 | 25,298 | 23,037 | ||
Term loans amortized, three years before | 18,620 | 18,620 | 1,777 | ||
Term loans amortized, four years before | 1,447 | 1,447 | 7,644 | ||
Term loans amortized, prior | 3,182 | 3,182 | 851 | ||
Term loans amortized, revolving | 11,017 | 11,017 | 9,636 | ||
Loans | 132,530 | 132,530 | 125,105 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 0 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 0 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 0 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 0 | 0 | 0 | 0 | 0 |
Loss | (3,683) | (3,683) | (55,528) | ||
Loss | (69,283) | (69,283) | (26,632) | ||
Loss | (25,298) | (25,298) | (23,037) | ||
Loss | (18,620) | (18,620) | (1,777) | ||
Loss | (1,447) | (1,447) | (7,644) | ||
Loss | (3,182) | (3,182) | (851) | ||
Loss | (11,017) | (11,017) | (9,636) | ||
Loss | (132,530) | (132,530) | (125,105) | ||
Construction and Other [Member] | Pass [Member] | |||||
Term loans amortized, current year | 3,683 | 3,683 | 55,528 | ||
Term loans amortized, one year before | 69,283 | 69,283 | 23,059 | ||
Term loans amortized, two years before | 21,740 | 21,740 | 20,246 | ||
Term loans amortized, three years before | 15,868 | 15,868 | 1,777 | ||
Term loans amortized, four years before | 1,447 | 1,447 | 5,609 | ||
Term loans amortized, prior | 1,668 | 1,668 | 851 | ||
Term loans amortized, revolving | 10,487 | 10,487 | 9,152 | ||
Loans | 124,176 | 124,176 | 116,222 | ||
Loss | (3,683) | (3,683) | (55,528) | ||
Loss | (69,283) | (69,283) | (23,059) | ||
Loss | (21,740) | (21,740) | (20,246) | ||
Loss | (15,868) | (15,868) | (1,777) | ||
Loss | (1,447) | (1,447) | (5,609) | ||
Loss | (1,668) | (1,668) | (851) | ||
Loss | (10,487) | (10,487) | (9,152) | ||
Loss | (124,176) | (124,176) | (116,222) | ||
Construction and Other [Member] | Special Mention [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 3,573 | ||||
Term loans amortized, two years before | 2,371 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 265 | ||||
Term loans amortized, prior | 0 | ||||
Term loans amortized, revolving | 0 | ||||
Loans | 6,209 | ||||
Loss | 0 | ||||
Loss | (3,573) | ||||
Loss | (2,371) | ||||
Loss | 0 | ||||
Loss | (265) | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (6,209) | ||||
Construction and Other [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | ||||
Term loans amortized, one year before | 0 | ||||
Term loans amortized, two years before | 420 | ||||
Term loans amortized, three years before | 0 | ||||
Term loans amortized, four years before | 1,770 | ||||
Term loans amortized, prior | 0 | ||||
Term loans amortized, revolving | 484 | ||||
Loans | 2,674 | ||||
Loss | 0 | ||||
Loss | 0 | ||||
Loss | (420) | ||||
Loss | 0 | ||||
Loss | (1,770) | ||||
Loss | 0 | ||||
Loss | (484) | ||||
Loss | (2,674) | ||||
Consumer Portfolio Segment [Member] | |||||
Term loans amortized, current year | 912 | 912 | 1,810 | ||
Term loans amortized, one year before | 1,399 | 1,399 | 1,095 | ||
Term loans amortized, two years before | 859 | 859 | 324 | ||
Term loans amortized, three years before | 177 | 177 | 89 | ||
Term loans amortized, four years before | 58 | 58 | 74 | ||
Term loans amortized, prior | 3,491 | 3,491 | 3,822 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 6,896 | 6,896 | 7,214 | ||
Current-period gross charge-offs current | 0 | 0 | |||
Current-period gross charge-offs one year before | 0 | 25 | |||
Current-period gross charge-offs, two years before | 0 | 0 | |||
Current-period gross charge-offs, three years before | 6 | 0 | |||
Current-period gross charge-offs, four years before | 0 | 0 | |||
Current-period gross charge-offs, prior | 0 | 38 | |||
Current-period gross charge-offs, revolving | 0 | 0 | |||
Current-period gross charge-offs, total | 6 | $ 3 | 6 | $ 61 | 63 |
Loss | (912) | (912) | (1,810) | ||
Loss | (1,399) | (1,399) | (1,095) | ||
Loss | (859) | (859) | (324) | ||
Loss | (177) | (177) | (89) | ||
Loss | (58) | (58) | (74) | ||
Loss | (3,491) | (3,491) | (3,822) | ||
Loss | 0 | 0 | 0 | ||
Loss | (6,896) | (6,896) | (7,214) | ||
Consumer Portfolio Segment [Member] | Pass [Member] | |||||
Term loans amortized, current year | 912 | 912 | 1,810 | ||
Term loans amortized, one year before | 1,399 | 1,399 | 1,088 | ||
Term loans amortized, two years before | 855 | 855 | 324 | ||
Term loans amortized, three years before | 177 | 177 | 89 | ||
Term loans amortized, four years before | 58 | 58 | 74 | ||
Term loans amortized, prior | 3,310 | 3,310 | 3,669 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 6,711 | 6,711 | 7,054 | ||
Loss | (912) | (912) | (1,810) | ||
Loss | (1,399) | (1,399) | (1,088) | ||
Loss | (855) | (855) | (324) | ||
Loss | (177) | (177) | (89) | ||
Loss | (58) | (58) | (74) | ||
Loss | (3,310) | (3,310) | (3,669) | ||
Loss | 0 | 0 | 0 | ||
Loss | (6,711) | (6,711) | (7,054) | ||
Consumer Portfolio Segment [Member] | Substandard [Member] | |||||
Term loans amortized, current year | 0 | 0 | 0 | ||
Term loans amortized, one year before | 0 | 0 | 7 | ||
Term loans amortized, two years before | 4 | 4 | 0 | ||
Term loans amortized, three years before | 0 | 0 | 0 | ||
Term loans amortized, four years before | 0 | 0 | 0 | ||
Term loans amortized, prior | 181 | 181 | 153 | ||
Term loans amortized, revolving | 0 | 0 | 0 | ||
Loans | 185 | 185 | 160 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | (7) | ||
Loss | (4) | (4) | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | 0 | 0 | 0 | ||
Loss | (181) | (181) | (153) | ||
Loss | 0 | 0 | 0 | ||
Loss | $ (185) | $ (185) | $ (160) |
Note 7 - Loans and Related Al_7
Note 7 - Loans and Related Allowance for Credit Losses - Collateral-dependent Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Loans | $ 1,497,704 | $ 1,478,130 |
Real Estate [Member] | ||
Loans | 13,150 | 8,150 |
Blanket Lien [Member] | ||
Loans | 14,948 | 0 |
Investment and Cash [Member] | ||
Loans | 0 | 0 |
Other Collateral [Member] | ||
Loans | 9,253 | 0 |
Collateral Pledged [Member] | ||
Loans | 37,351 | 8,150 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | ||
Loans | 182,809 | 183,545 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Real Estate [Member] | ||
Loans | 4,562 | |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Blanket Lien [Member] | ||
Loans | 0 | |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Investment and Cash [Member] | ||
Loans | 0 | |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Other Collateral [Member] | ||
Loans | 0 | |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Collateral Pledged [Member] | ||
Loans | 4,562 | |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||
Loans | 385,648 | 401,580 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Real Estate [Member] | ||
Loans | 5,878 | 8,150 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Blanket Lien [Member] | ||
Loans | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Investment and Cash [Member] | ||
Loans | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Other Collateral [Member] | ||
Loans | 8,040 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Collateral Pledged [Member] | ||
Loans | 13,918 | 8,150 |
Commercial And Industrial [Member] | ||
Loans | 234,702 | 221,508 |
Commercial And Industrial [Member] | Real Estate [Member] | ||
Loans | 0 | |
Commercial And Industrial [Member] | Blanket Lien [Member] | ||
Loans | 14,948 | |
Commercial And Industrial [Member] | Investment and Cash [Member] | ||
Loans | 0 | |
Commercial And Industrial [Member] | Other Collateral [Member] | ||
Loans | 1,213 | |
Commercial And Industrial [Member] | Collateral Pledged [Member] | ||
Loans | 16,161 | |
Construction and Other [Member] | ||
Loans | 132,530 | $ 125,105 |
Construction and Other [Member] | Real Estate [Member] | ||
Loans | 2,710 | |
Construction and Other [Member] | Blanket Lien [Member] | ||
Loans | 0 | |
Construction and Other [Member] | Investment and Cash [Member] | ||
Loans | 0 | |
Construction and Other [Member] | Other Collateral [Member] | ||
Loans | 0 | |
Construction and Other [Member] | Collateral Pledged [Member] | ||
Loans | $ 2,710 |
Note 7 - Loans and Related Al_8
Note 7 - Loans and Related Allowance for Credit Losses - Past Due Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Financing Receivable, before Allowance for Credit Loss, Total | $ 1,497,704 | $ 1,478,130 |
Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,478,130 | |
Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,482,281 | 1,470,246 |
Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 4,727 | 5,760 |
Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,936 | 1,336 |
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 8,760 | 788 |
Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 15,423 | 7,884 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 182,809 | 183,545 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 183,545 | |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 182,350 | 183,242 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 353 | 197 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 106 | 106 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 459 | 303 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 385,648 | 401,580 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 401,580 | |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 376,655 | 397,964 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,385 | 3,616 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 7,608 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 8,993 | 3,616 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 86,951 | 82,506 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 82,506 | |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 86,951 | 82,440 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 66 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 66 |
Residential Portfolio Segment [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 337,121 | 328,854 |
Residential Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 328,854 | |
Residential Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 333,303 | 326,224 |
Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 2,507 | 1,366 |
Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,181 | 1,010 |
Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 130 | 254 |
Residential Portfolio Segment [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 3,818 | 2,630 |
Commercial And Industrial [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 234,702 | 221,508 |
Commercial And Industrial [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 221,508 | |
Commercial And Industrial [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 233,390 | 221,304 |
Commercial And Industrial [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 252 | 0 |
Commercial And Industrial [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 655 | 146 |
Commercial And Industrial [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 405 | 58 |
Commercial And Industrial [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,312 | 204 |
Home Equity Lines of Credit [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 131,047 | 127,818 |
Home Equity Lines of Credit [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 127,818 | |
Home Equity Lines of Credit [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 130,238 | 126,894 |
Home Equity Lines of Credit [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 198 | 447 |
Home Equity Lines of Credit [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 100 | 180 |
Home Equity Lines of Credit [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 511 | 297 |
Home Equity Lines of Credit [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 809 | 924 |
Construction and Other [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 132,530 | 125,105 |
Construction and Other [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 125,105 | |
Construction and Other [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 132,530 | 125,040 |
Construction and Other [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 65 |
Construction and Other [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Construction and Other [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Construction and Other [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 65 |
Consumer Portfolio Segment [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 6,896 | 7,214 |
Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 7,214 | |
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 6,864 | 7,138 |
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 32 | 69 |
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 0 |
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 7 |
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | $ 32 | $ 76 |
Note 7 - Loans and Related Al_9
Note 7 - Loans and Related Allowance for Credit Losses - Nonaccrual Loans (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Nonaccrual, No Allowance | $ 8,942 | $ 4,687 |
Nonaccrual, With Allowance | 6,923 | 6,190 |
Nonaccrual | 15,865 | 10,877 |
Still Accruing | 96 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 1,497,704 | 1,478,130 |
Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 15,961 | 10,877 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | ||
Nonaccrual, No Allowance | 0 | 0 |
Nonaccrual, With Allowance | 238 | 252 |
Nonaccrual | 238 | 252 |
Still Accruing | 0 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 182,809 | 183,545 |
Commercial Real Estate Portfolio Segment [Member] | Owner Occupied Loan [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 238 | 252 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||
Nonaccrual, No Allowance | 8,416 | 4,534 |
Nonaccrual, With Allowance | 3,616 | 3,616 |
Nonaccrual | 12,032 | 8,150 |
Still Accruing | 0 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 385,648 | 401,580 |
Commercial Real Estate Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 12,032 | 8,150 |
Commercial Real Estate Portfolio Segment [Member] | Multifamily Loan [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 86,951 | 82,506 |
Commercial Portfolio Segment [Member] | Multifamily Loan [Member] | ||
Nonaccrual, No Allowance | 0 | 0 |
Nonaccrual, With Allowance | 0 | 66 |
Nonaccrual | 0 | 66 |
Still Accruing | 0 | 0 |
Commercial Portfolio Segment [Member] | Multifamily Loan [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 0 | 66 |
Residential Portfolio Segment [Member] | ||
Nonaccrual, No Allowance | 0 | 0 |
Nonaccrual, With Allowance | 1,173 | 1,170 |
Nonaccrual | 1,173 | 1,170 |
Still Accruing | 0 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 337,121 | 328,854 |
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,173 | 1,170 |
Commercial And Industrial [Member] | ||
Nonaccrual, No Allowance | 345 | 0 |
Nonaccrual, With Allowance | 879 | 223 |
Nonaccrual | 1,224 | 223 |
Still Accruing | 0 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 234,702 | 221,508 |
Commercial And Industrial [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,224 | 223 |
Home Equity Lines of Credit [Member] | ||
Nonaccrual, No Allowance | 0 | 0 |
Nonaccrual, With Allowance | 1,013 | 856 |
Nonaccrual | 1,013 | 856 |
Still Accruing | 96 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 131,047 | 127,818 |
Home Equity Lines of Credit [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | 1,109 | 856 |
Consumer Portfolio Segment [Member] | ||
Nonaccrual, No Allowance | 181 | 153 |
Nonaccrual, With Allowance | 4 | 7 |
Nonaccrual | 185 | 160 |
Still Accruing | 0 | 0 |
Financing Receivable, before Allowance for Credit Loss, Total | 6,896 | 7,214 |
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member] | ||
Financing Receivable, before Allowance for Credit Loss, Total | $ 185 | $ 160 |
Note 7 - Loans and Related A_10
Note 7 - Loans and Related Allowance for Credit Losses - Troubled Debt Restructurings (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Jun. 30, 2024 | Jun. 30, 2023 | |
Modified, Amortized cost | $ 19,582 | $ 17,517 |
to Total Financing Receivables, Percentage | 1.30% | 1.30% |
Modified, Amortized cost | $ 19,582 | $ 17,517 |
Payment Deferral [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Extended Maturity [Member] | ||
Modified, Amortized cost | 17,075 | 15,010 |
Modified, Amortized cost | 17,075 | 15,010 |
Payment Deferral and Extended Maturity [Member] | ||
Modified, Amortized cost | 2,507 | 2,507 |
Modified, Amortized cost | 2,507 | 2,507 |
Interest Rate Reduction and Term Past Due [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Interest Rate Reduction and Principal Forgiveness [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Commercial Portfolio Segment [Member] | Payment Deferral and Extended Maturity [Member] | ||
Modified, Amortized cost | 2,507 | |
Modified, Amortized cost | 2,507 | |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | ||
Modified, Amortized cost | $ 17,361 | $ 17,431 |
to Total Financing Receivables, Percentage | 1.20% | 1.30% |
Modified, Amortized cost | $ 17,361 | $ 17,431 |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Payment Deferral [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Extended Maturity [Member] | ||
Modified, Amortized cost | 14,854 | 14,924 |
Modified, Amortized cost | 14,854 | 14,924 |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Payment Deferral and Extended Maturity [Member] | ||
Modified, Amortized cost | 2,507 | |
Modified, Amortized cost | 2,507 | |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Interest Rate Reduction and Term Past Due [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Commercial Portfolio Segment [Member] | Non-owner occupied Loan [Member] | Interest Rate Reduction and Principal Forgiveness [Member] | ||
Modified, Amortized cost | 0 | 0 |
Modified, Amortized cost | 0 | 0 |
Construction and Other [Member] | ||
Modified, Amortized cost | $ 2,221 | |
to Total Financing Receivables, Percentage | 0.10% | |
Modified, Amortized cost | $ 2,221 | |
Construction and Other [Member] | Payment Deferral [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Construction and Other [Member] | Extended Maturity [Member] | ||
Modified, Amortized cost | 2,221 | |
Modified, Amortized cost | 2,221 | |
Construction and Other [Member] | Payment Deferral and Extended Maturity [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Construction and Other [Member] | Interest Rate Reduction and Term Past Due [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Construction and Other [Member] | Interest Rate Reduction and Principal Forgiveness [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | $ 0 | |
Commercial And Industrial [Member] | ||
Modified, Amortized cost | $ 86 | |
to Total Financing Receivables, Percentage | 0% | |
Modified, Amortized cost | $ 86 | |
Commercial And Industrial [Member] | Payment Deferral [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Commercial And Industrial [Member] | Extended Maturity [Member] | ||
Modified, Amortized cost | 86 | |
Modified, Amortized cost | 86 | |
Commercial And Industrial [Member] | Payment Deferral and Extended Maturity [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Commercial And Industrial [Member] | Interest Rate Reduction and Term Past Due [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | 0 | |
Commercial And Industrial [Member] | Interest Rate Reduction and Principal Forgiveness [Member] | ||
Modified, Amortized cost | 0 | |
Modified, Amortized cost | $ 0 |
Note 8 - Contingencies and Co_3
Note 8 - Contingencies and Contingent Liabilities (Details Textual) - USD ($) | 3 Months Ended | |
Jun. 30, 2024 | Dec. 31, 2023 | |
Investment, Proportional Amortization Method, Elected, Amount | $ 1,900,000 | $ 2,000,000 |
Investment Program, Proportional Amortization Method, Applied, Amortization Expense | 20,880 | |
Investment Program, Proportional Amortization Method, Elected, Commitment | 1,700,000 | $ 1,700,000 |
Insurance Policy, Aggregate Limit | 3,000,000 | |
Insurance Policy, Deductible | $ 50,000 |
Note 8 - Commitments and Contin
Note 8 - Commitments and Contingent Liabilities - Outstanding Commitments and Contingent Liabilities (Details) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023 |
Commitments | $ 500,057 | $ 424,836 |
Commitments to Extend Credit [Member] | ||
Commitments | 495,057 | 418,952 |
Financial Standby Letter of Credit [Member] | ||
Commitments | $ 5,000 | $ 5,884 |
Note 9 - Related Party Transa_3
Note 9 - Related Party Transaction (Details Textual) - USD ($) $ in Millions | Jun. 30, 2024 | Dec. 31, 2023 |
Related Party Deposit Liabilities | $ 30.8 | $ 33.1 |
Note 9 - Related Party Transa_4
Note 9 - Related Party Transaction - Loans to Related Party (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2024 | Dec. 31, 2023 | |
Beginning balance | $ 24,185 | $ 2,057 |
New loans | 2,259 | 23,922 |
Repayments | (257) | (1,794) |
Ending balance | $ 26,187 | $ 24,185 |