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Note 4 - Credit Quality (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Financing Receivable Credit Quality Indicators [Table Text Block]
  

March 31, 2021

 
      

Special

                 

(Amounts in thousands)

 

Pass

  

Mention

  

Substandard

  

Doubtful

  

Loss

  

Total

 

Commercial loans

                        

Construction, development, and other land

 $40,347  $2,440  $2,541  $-  $-  $45,328 

Commercial and industrial

  153,725   3,556   4,946   -   -   162,227 

Multi-family residential

  96,018   6,215   3,359   -   -   105,592 

Single family non-owner occupied

  166,474   8,802   12,608   12   -   187,896 

Non-farm, non-residential

  577,928   106,228   34,674   -   -   718,830 

Agricultural

  7,430   1,611   682   -   -   9,723 

Farmland

  13,893   1,333   3,788   -   -   19,014 

Consumer real estate loans

                        

Home equity lines

  87,260   1,294   3,541   -   -   92,095 

Single family owner occupied

  629,303   3,488   32,336   -   -   665,127 

Owner occupied construction

  18,090   -   286   -   -   18,376 

Consumer and other loans

                        

Consumer loans

  115,895   23   1,987   -   -   117,905 

Other

  4,527   -   -   -   -   4,527 

Total loans

 $1,910,890  $134,990  $100,748  $12  $-  $2,146,640 
  

December 31, 2020

 
      

Special

                 

(Amounts in thousands)

 

Pass

  

Mention

  

Substandard

  

Doubtful

  

Loss

  

Total

 
                         

Commercial loans

                        

Construction, development, and other land

 $36,934  $4,975  $2,765  $-  $-  $44,674 

Commercial and industrial

  160,625   7,065   5,519   -   -   173,209 

Multi-family residential

  103,291   8,586   3,284   -   -   115,161 

Single family non-owner occupied

  165,146   9,602   12,838   12   -   187,598 

Non-farm, non-residential

  568,438   125,907   40,448   -   -   734,793 

Agricultural

  7,724   1,686   339   -   -   9,749 

Farmland

  13,527   2,597   3,637   -   -   19,761 

Consumer real estate loans

                      - 

Home equity lines

  91,712   1,488   3,326   -   -   96,526 

Single family owner occupied

  623,860   3,859   33,335   -   -   661,054 

Owner occupied construction

  17,232   201   287   -   -   17,720 

Consumer and other loans

                      - 

Consumer loans

  118,134   28   2,211   -   -   120,373 

Other

  6,014   -   -   -   -   6,014 

Total loans

 $1,912,637  $165,994  $107,989  $12  $-  $2,186,632 

(Amounts in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

         

Balance at March 31, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Construction, development

                                

and other land

                                

Pass

 $3,119  $13,696  $6,642  $5,879  $2,205  $8,364  $442  $40,347 

Special Mention

  -   282   -   1,179   682   251   46   2,440 

Substandard

  -   -   84   13   282   2,162   -   2,541 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total construction, development, and other land

 $3,119  $13,978  $6,726  $7,071  $3,169  $10,777  $488  $45,328 

Commercial and industrial

                                

Pass

 $6,729  $28,778  $21,645  $17,695  $6,271  $7,165  $14,694  $102,977 

Special Mention

  -   392   1,246   1,306   297   59   256   3,556 

Substandard

  -   422   1,081   343   1,728   1,343   29   4,946 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total commercial and industrial

 $6,729  $29,592  $23,972  $19,344  $8,296  $8,567  $14,979  $111,479 

Paycheck Protection Loans

                                

Pass

 $22,436  $28,312  $-  $-  $-  $-  $-  $50,748 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total Paycheck Protection Loans

 $22,436  $28,312  $-  $-  $-  $-  $-  $50,748 

Multi-family residential

                                

Pass

 $3,110  $28,363  $6,296  $2,147  $5,557  $49,593  $952  $96,018 

Special Mention

  -   -   -   -   2,573   3,642   -   6,215 

Substandard

  -   -   -   434   673   2,252   -   3,359 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total multi-family residential

 $3,110  $28,363  $6,296  $2,581  $8,803  $55,487  $952  $105,592 

Non-farm, non-residential

                                

Pass

 $27,998  $145,910  $57,936  $67,978  $51,626  $214,496  $11,984  $577,928 

Special Mention

  -   16,810   10,453   3,338   26,743   48,797   87   106,228 

Substandard

  1,340   741   5,738   9,583   9,951   7,186   135   34,674 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total non-farm, non-residential

 $29,338  $163,461  $74,127  $80,899  $88,320  $270,479  $12,206  $718,830 

Agricultural

                                

Pass

 $1,041  $2,506  $1,426  $590  $936  $430  $501  $7,430 

Special Mention

  49   128   366   650   328   30   60   1,611 

Substandard

  -   15   214   208   33   212   -   682 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total agricultural

 $1,090  $2,649  $2,006  $1,448  $1,297  $672  $561  $9,723 

Farmland

                                

Pass

 $649  $1,237  $216  $1,132  $472  $8,756  $1,431  $13,893 

Special Mention

  -   -   -   372   662   299   -   1,333 

Substandard

  -   15   943   252   255   2,323   -   3,788 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total farmland

 $649  $1,252  $1,159  $1,756  $1,389  $11,378  $1,431  $19,014 

(Amounts in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

         

Balance at March 31, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Home equity lines

                                

Pass

 $162  $683  $696  $303  $110  $10,643  $74,663  $87,260 

Special Mention

  -   -   -   122   -   519   653   1,294 

Substandard

  -   -   23   125   188   1,808   1,397   3,541 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total home equity lines

 $162  $683  $719  $550  $298  $12,970  $76,713  $92,095 

Single family Mortgage

                                

Pass

 $55,294  $241,770  $76,583  $61,791  $55,113  $304,325  $901  $795,777 

Special Mention

  -   916   1,133   275   2,655   7,311   -   12,290 

Substandard

  754   748   1,935   3,634   2,548   35,325   -   44,944 

Doubtful

  -   -   -   -   -   12   -   12 

Loss

  -   -   -   -   -   -   -   - 

Total single family owner occupied

 $56,048  $243,434  $79,651  $65,700  $60,316  $346,973  $901  $853,023 

Owner occupied construction

                                

Pass

 $900  $9,816  $2,747  $1,932  $456  $2,239  $-  $18,090 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   286   -   286 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total owner occupied construction

 $900  $9,816  $2,747  $1,932  $456  $2,525  $-  $18,376 

Consumer loans

                                

Pass

 $15,522  $50,551  $28,501  $8,754  $3,742  $10,841  $2,511  $120,422 

Special Mention

  -   -   10   12   -   -   1   23 

Substandard

  -   378   978   215   162   175   79   1,987 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total consumer loans

 $15,522  $50,929  $29,489  $8,981  $3,904  $11,016  $2,591  $122,432 

Amounts in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

         

Balance at March 31, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Total Loans

                                

Pass

 $136,960  $551,622  $202,688  $168,201  $126,488  $616,852  $108,079  $1,910,890 

Special Mention

  49   18,528   13,208   7,254   33,940   60,908   1,103   134,990 

Substandard

  2,094   2,319   10,996   14,807   15,820   53,072   1,640   100,748 

Doubtful

  -   -   -   -   -   12   -   12 

Loss

  -   -   -   -   -   -   -   - 

Total loans

 $139,103  $572,469  $226,892  $190,262  $176,248  $730,844  $110,822  $2,146,640 
Impaired Financing Receivables [Table Text Block]
  

December 31, 2020

 
      

Unpaid

     
  

Recorded

  

Principal

  

Related

 

(Amounts in thousands)

 

Investment

  

Balance

  

Allowance

 

Impaired loans with no related allowance

            

Commercial loans

            

Construction, development, and other land

 $616  $891  $- 

Commercial and industrial

  2,341   2,392   - 

Multi-family residential

  946   1,593   - 

Single family non-owner occupied

  4,816   5,785   - 

Non-farm, non-residential

  8,238   9,467   - 

Agricultural

  218   226   - 

Farmland

  1,228   1,311   - 

Consumer real estate loans

            

Home equity lines

  1,604   1,772   - 

Single family owner occupied

  16,778   19,361   - 

Owner occupied construction

  216   216   - 

Consumer and other loans

            

Consumer loans

  818   833   - 

Total impaired loans with no allowance

  37,819   43,847   - 
             

Impaired loans with a related allowance

            

Commercial loans

            

Commercial and industrial

  -   -   - 

Multi-family residential

  -   -   - 

Single family non-owner occupied

  -   -   - 

Non-farm, non-residential

  1,068   1,121   319 

Farmland

  -   -   - 

Consumer real estate loans

            

Home equity lines

  -   -   - 

Single family owner occupied

  338   338   108 

Consumer and other loans

            

Consumer loans

  -   -   - 

Total impaired loans with an allowance

  1,406   1,459   427 

Total impaired loans(1)

 $39,225  $45,306  $427 
Schedule of Impaired Financing Receivable, Average Recorded Investment and Interest Income Recognized [Table Text Block]
  

Three Months Ended March 31,

 
  

2020

 
      

Average

 
  

Interest Income

  

Recorded

 

(Amounts in thousands)

 

Recognized

  

Investment

 

Impaired loans with no related allowance:

        

Commercial loans

        

Construction, development, and other land

 $8  $1,299 

Commercial and industrial

  29   2,029 

Multi-family residential

  11   670 

Single family non-owner occupied

  35   4,101 

Non-farm, non-residential

  43   4,674 

Agricultural

  1   206 

Farmland

  21   1,560 

Consumer real estate loans

        

Home equity lines

  9   1,467 

Single family owner occupied

  168   17,550 

Owner occupied construction

  6   334 

Consumer and other loans

        

Consumer loans

  4   407 

Total impaired loans with no related allowance

  335   34,297 
         

Impaired loans with a related allowance:

        

Commercial loans

        

Construction, development, and other land

  -   - 

Commercial and industrial

  -   - 

Multi-family residential

  -   941 

Single family non-owner occupied

  -   - 

Non-farm, non-residential

  -   1,338 

Farmland

  -   - 

Consumer real estate loans

        

Home equity lines

  -   - 

Single family owner occupied

  13   1,240 

Owner occupied construction

  -   - 

Total impaired loans with a related allowance

  13   3,519 

Total impaired loans

 $348  $37,816 
Financing Receivable, Nonaccrual [Table Text Block]
  

March 31, 2021

 

(Amounts in thousands)

 

No Allowance

  

With an Allowance

  

Total

 

Commercial loans

            

Construction, development, and other land

 $391  $-  $391 

Commercial and industrial

  1,781   -   1,781 

Multi-family residential

  854   -   854 

Single family non-owner occupied

  3,631   -   3,631 

Non-farm, non-residential

  7,295   -   7,295 

Agricultural

  267   -   267 

Farmland

  485   -   485 

Consumer real estate loans

          - 

Home equity lines

  1,035   -   1,035 

Single family owner occupied

  9,333   187   9,520 

Owner occupied construction

  -   -   - 

Consumer and other loans

          - 

Consumer loans

  847   -   847 

Total nonaccrual loans

 $25,919  $187  $26,106 

(Amounts in thousands)

 

December 31, 2020

 

Commercial loans

    

Construction, development, and other land

 $244 

Commercial and industrial

  895 

Multi-family residential

  946 

Single family non-owner occupied

  2,990 

Non-farm, non-residential

  6,343 

Agricultural

  217 

Farmland

  489 

Consumer real estate loans

    

Home equity lines

  1,122 

Single family owner occupied

  7,976 

Owner occupied construction

  - 

Consumer and other loans

    

Consumer loans

  781 

Total nonaccrual loans

 $22,003 
Financing Receivable, Past Due [Table Text Block]
  

March 31, 2021

     
                          Amortized Cost of 
  

30 - 59 Days

  

60 - 89 Days

  

90+ Days

  

Total

  

Current

  

Total

  > 90 Days Accruing 

(Amounts in thousands)

 

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

  

Loans

  

No Allowance

 
                             

Commercial loans

                            

Construction, development, and other land

 $40  $-  $384  $424  $44,904  $45,328  $- 

Commercial and industrial

  1,116   746   550   2,412   159,815   162,227   - 

Multi-family residential

  156   -   854   1,010   104,582   105,592   - 

Single family non-owner occupied

  778   655   2,042   3,475   184,421   187,896   163 

Non-farm, non-residential

  76   283   3,916   4,275   714,555   718,830   - 

Agricultural

  221   93   46   360   9,363   9,723   - 

Farmland

  9   -   485   494   18,520   19,014   - 

Consumer real estate loans

                            

Home equity lines

  493   181   557   1,231   90,864   92,095   - 

Single family owner occupied

  4,455   1,291   4,477   10,223   654,905   665,128   - 

Owner occupied construction

  -   -   -   -   18,376   18,376   - 

Consumer and other loans

                            

Consumer loans

  1,394   280   417   2,091   115,813   117,904   8 

Other

  -   -   -   -   4,527   4,527   - 

Total loans

 $8,738  $3,529  $13,728  $25,995  $2,120,645  $2,146,640  $171 
  

December 31, 2020

 
  

30 - 59 Days

  

60 - 89 Days

  

90+ Days

  

Total

  

Current

  

Total

 

(Amounts in thousands)

 

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

  

Loans

 
                         

Commercial loans

                        

Construction, development, and other land

 $1,039  $-  $235  $1,274  $43,400  $44,674 

Commercial and industrial

  669   230   700   1,599   171,425   173,024 

Multi-family residential

  103   -   946   1,049   114,112   115,161 

Single family non-owner occupied

  925   488   2,144   3,557   184,226   187,783 

Non-farm, non-residential

  601   296   3,368   4,265   730,528   734,793 

Agricultural

  70   189   88   347   9,402   9,749 

Farmland

  43   -   457   500   19,261   19,761 

Consumer real estate loans

                        

Home equity lines

  649   380   425   1,454   95,072   96,526 

Single family owner occupied

  5,317   2,265   3,891   11,473   649,581   661,054 

Owner occupied construction

  82   -   -   82   17,638   17,720 

Consumer and other loans

                        

Consumer loans

  2,637   746   651   4,034   116,339   120,373 

Other

  -   -   -   -   6,014   6,014 

Total loans

 $12,135  $4,594  $12,905  $29,634  $2,156,998  $2,186,632 
Collateral Dependent Loans [Table Text Block]

(Amounts in thousands)

 

March 31, 2021

  

Collateral Coverage

  

%

 

Commercial Real Estate

            

Hotel

 $-  $-   - 

Office

  -   -   - 

Other

  2,480   3,126   126.05%

Retail

  -   -   - 

Multi-Family

            

Industrial

  -   -   - 

Office

  -   -   - 

Other

  686   723   105%

Commercial and industrial

            

Industrial

  -   -   - 

Other

  -   -   - 

Home equity loans

  42   -   0.00%

Consumer owner occupied

  189   -   0.00%

Consumer

  -   -   - 

Total collateral dependent loans

 $3,397  $3,849   113.31%
Trouble Debt Restructuring Accrual Status [Table Text Block]
  

March 31, 2021

  

December 31, 2020

 

(Amounts in thousands)

 

Nonaccrual(1)

  

Accruing

  

Total

  

Nonaccrual(1)

  

Accruing

  

Total

 

Commercial loans

                        

Construction, development, and other land

 $-  $-  $-  $-  $-  $- 

Commercial and industrial

  353   709   1,062   -   1,326   1,326 

Single family non-owner occupied

  1,523   1,045   2,568   1,585   1,265   2,850 

Non-farm, non-residential

  1,388   2,393   3,781   -   2,407   2,407 

Consumer real estate loans

                        

Home equity lines

  -   75   75   -   77   77 

Single family owner occupied

  216   4,560   4,776   229   4,927   5,156 

Owner occupied construction

  -   216   216   -   216   216 

Consumer and other loans

                        

Consumer loans

  -   29   29   -   30   30 

Total TDRs

 $3,480  $9,027  $12,507  $1,814  $10,248  $12,062 
                         

Allowance for credit losses related to TDRs

         $-          $- 
Interest Income Related to Troubled Debt Restructurings [Table Text Block]
  

Three Months Ended March 31,

 
  

2021

  

2020

 

(Amounts in thousands)

        

Interest income recognized

 $104  $98 
Financing Receivable, Troubled Debt Restructuring [Table Text Block]
  

Three Months Ended March 31,

 
  

2021

  

2020

 
          

Post-modification

          

Post-modification

 
  

Total

  

Pre-modification

  

Recorded

  

Total

  

Pre-modification

  

Recorded

 

(Amounts in thousands)

 

Contracts

  

Recorded Investment

  

Investment(1)

  

Contracts

  

Recorded Investment

  

Investment(1)

 

Below market interest rate and extended payment term

                        

Single family non-owner occupied

  -   -   -   1   50   50 

Single family owner occupied

           -   -   - 

Total below market interest rate and extended payment term

  -   -   -   1   50   50 

Payment deferral

                        
Construction, development, and other land  -   -   -   1   63   63 

Commercial and industrial

  -   -   -   1   602   602 
Single family non-owner occupied  -   -   -   1   529   529 

Non-farm, non-residential

  1   1,390   1,390   1   577   577 

Single family owner occupied

  -   -   -   2   672   672 

Total principal deferral

  1   1,390   1,390   6   2,443   2,443 

Total

  1  $1,390  $1,390   7  $2,493  $2,493 
Other Real Estate Owned [Table Text Block]
  

March 31, 2021

  

December 31, 2020

 

(Amounts in thousands)

        

OREO

 $1,740  $2,083 
         

OREO secured by residential real estate

 $645  $769 

Residential real estate loans in the foreclosure process(1)

  2,900   4,141