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Note 4 - Credit Quality (Tables)
6 Months Ended
Jun. 30, 2021
Notes Tables  
Financing Receivable Credit Quality Indicators [Table Text Block]
  

June 30, 2021

 
      

Special

                 

(Amounts in thousands)

 

Pass

  

Mention

  

Substandard

  

Doubtful

  

Loss

  

Total

 

Commercial loans

                        

Construction, development, and other land

 $56,754  $1,176  $2,630  $-  $-  $60,560 

Commercial and industrial

  141,623   1,588   4,557   -   -   147,768 

Multi-family residential

  92,541   6,164   1,642   -   -   100,347 

Single family non-owner occupied

  173,524   5,628   10,844   12   -   190,008 

Non-farm, non-residential

  584,778   99,699   28,612   -   -   713,089 

Agricultural

  7,712   409   544   -   -   8,665 

Farmland

  13,536   1,122   3,627   -   -   18,285 

Consumer real estate loans

                        

Home equity lines

  82,558   1,166   3,527   -   -   87,251 

Single family owner occupied

  645,953   2,662   31,248   -   -   679,863 

Owner occupied construction

  20,874   -   284   -   -   21,158 

Consumer and other loans

                        

Consumer loans

  120,482   11   1,574   -   -   122,067 

Other

  4,670   -   -   -   -   4,670 

Total loans

 $1,945,005  $119,625  $89,089  $12  $-  $2,153,731 
  

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 June 30, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Construction, development

                                

and other land

                                

Pass

 $22,604  $13,297  $6,228  $4,275  $1,984  $7,884  $482  $56,754 

Special Mention

  -   276   -   144   675   45   36   1,176 

Substandard

  -   -   47   13   271   2,299   -   2,630 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total construction, development, and other land

 $22,604  $13,573  $6,275  $4,432  $2,930  $10,228  $518  $60,560 

Commercial and industrial

                                

Pass

 $32,081  $7,490  $18,298  $16,740  $4,356  $5,864  $15,164  $99,993 

Special Mention

  -   233   700   335   159   30   131   1,588 

Substandard

  6   400   903   261   1,148   789   1,050   4,557 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total commercial and industrial

 $32,087  $8,123  $19,901  $17,336  $5,663  $6,683  $16,345  $106,138 

Paycheck Protection Loans

                                

Pass

 $12,640  $28,990  $-  $-  $-  $-  $-  $41,630 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total Paycheck Protection Loans

 $12,640  $28,990  $-  $-  $-  $-  $-  $41,630 

Multi-family residential

                                

Pass

 $10,042  $25,747  $5,933  $2,125  $5,443  $42,386  $865  $92,541 

Special Mention

  -   -   -   -   2,563   3,601   -   6,164 

Substandard

  -   -   -   -   673   969   -   1,642 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total multi-family residential

 $10,042  $25,747  $5,933  $2,125  $8,679  $46,956  $865  $100,347 

Non-farm, non-residential

                                

Pass

 $84,705  $142,842  $54,883  $65,458  $40,496  $182,786  $13,608  $584,778 

Special Mention

  -   16,654   10,098   2,779   25,664   44,169   335   99,699 

Substandard

  1,184   724   3,880   5,754   9,877   6,833   360   28,612 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total non-farm, non-residential

 $85,889  $160,220  $68,861  $73,991  $76,037  $233,788  $14,303  $713,089 

Agricultural

                                

Pass

 $1,770  $2,297  $1,317  $730  $768  $316  $514  $7,712 

Special Mention

  47   31   190   28   35   19   59   409 

Substandard

  -   13   252   69   28   182   -   544 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total agricultural

 $1,817  $2,341  $1,759  $827  $831  $517  $573  $8,665 

Farmland

                                

Pass

 $657  $1,216  $107  $1,182  $529  $8,129  $1,716  $13,536 

Special Mention

  113   -   -   267   448   294   -   1,122 

Substandard

  81   15   832   250   258   2,191   -   3,627 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total farmland

 $851  $1,231  $939  $1,699  $1,235  $10,614  $1,716  $18,285 

(Amounts in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

         

Balance at June 30, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Home equity lines

                                

Pass

 $160  $267  $-  $25  $1  $5,701  $76,404  $82,558 

Special Mention

  -   -   -   124   -   102   940   1,166 

Substandard

  -   -   23   123   121   1,528   1,732   3,527 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total home equity lines

 $160  $267  $23  $272  $122  $7,331  $79,076  $87,251 

Single family Mortgage

                                

Pass

 $118,905  $235,227  $70,800  $53,587  $51,466  $288,601  $891  $819,477 

Special Mention

  334   807   948   387   1,163   4,422   229   8,290 

Substandard

  754   742   1,833   2,262   2,468   34,033   -   42,092 

Doubtful

  -   -   -   -   -   12   -   12 

Loss

  -   -   -   -   -   -   -   - 

Total single family owner occupied

 $119,993  $236,776  $73,581  $56,236  $55,097  $327,068  $1,120  $869,871 

Owner occupied construction

                                

Pass

 $2,409  $12,076  $2,470  $1,479  $448  $1,992  $-  $20,874 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   284   -   284 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total owner occupied construction

 $2,409  $12,076  $2,470  $1,479  $448  $2,276  $-  $21,158 

Consumer loans

                                

Pass

 $35,655  $43,108  $24,125  $7,190  $3,213  $9,373  $2,488  $125,152 

Special Mention

  -   -   10   -   -   -   1   11 

Substandard

  -   278   782   123   154   156   81   1,574 

Doubtful

  -   -   -   -   -   -   -   - 

Loss

  -   -   -   -   -   -   -   - 

Total consumer loans

 $35,655  $43,386  $24,917  $7,313  $3,367  $9,529  $2,570  $126,737 

(Amounts in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

         

Balance at June 30, 2021

 

2021

  

2020

  

2019

  

2018

  

2017

  

Prior

  

Revolving

  

Total

 

Total Loans

                                

Pass

 $321,628  $512,557  $184,161  $152,791  $108,704  $553,032  $112,132  $1,945,005 

Special Mention

  494   18,001   11,946   4,064   30,707   52,682   1,731   119,625 

Substandard

  2,025   2,172   8,552   8,855   14,998   49,264   3,223   89,089 

Doubtful

  -   -   -   -   -   12   -   12 

Loss

  -   -   -   -   -   -   -   - 

Total loans

 $324,147  $532,730  $204,659  $165,710  $154,409  $654,990  $117,086  $2,153,731 
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 June 30,

  

Six Months Ended June 30,

 
  

2020

  

2020

 
      

Average

      

Average

 
  

Interest Income

  

Recorded

  

Interest Income

  

Recorded

 

(Amounts in thousands)

 

Recognized

  

Investment

  

Recognized

  

Investment

 

Impaired loans with no related allowance:

                

Commercial loans

                

Construction, development, and other land

 $7  $882  $15  $1,091 

Commercial and industrial

  60   3,191   89   2,610 

Multi-family residential

  18   417   29   544 

Single family non-owner occupied

  37   5,203   72   4,652 

Non-farm, non-residential

  84   8,886   127   6,780 

Agricultural

  2   264   3   235 

Farmland

  15   1,835   36   1,698 

Consumer real estate loans

                

Home equity lines

  7   1,652   16   1,560 

Single family owner occupied

  122   17,251   290   17,401 

Owner occupied construction

  4   534   10   434 

Consumer and other loans

                

Consumer loans

  7   507   11   455 

Total impaired loans with no related allowance

  363   40,622   698   37,460 
                 

Impaired loans with a related allowance:

                

Commercial loans

                

Construction, development, and other land

  -   -   -   - 

Commercial and industrial

  -   -   -   - 

Multi-family residential

  -   944   -   943 

Single family non-owner occupied

  -   -   -   - 

Non-farm, non-residential

  14   1,884   14   1,611 

Farmland

  -   -   -   - 

Consumer real estate loans

                

Home equity lines

  -   -   -   - 

Single family owner occupied

  11   1,777   24   1,508 

Owner occupied construction

  -   -   -   - 

Total impaired loans with a related allowance

  25   4,605   38   4,062 

Total impaired loans

 $388  $45,227  $736  $41,522 
Financing Receivable, Nonaccrual [Table Text Block]
  

June 30, 2021

 

(Amounts in thousands)

 

No Allowance

  

With an Allowance

  

Total

 

Commercial loans

            

Construction, development, and other land

 $364  $-  $364 

Commercial and industrial

  1,853   -   1,853 

Multi-family residential

  328   -   328 

Single family non-owner occupied

  4,077   -   4,077 

Non-farm, non-residential

  5,796   287   6,083 

Agricultural

  135   -   135 

Farmland

  480   -   480 

Consumer real estate loans

          - 

Home equity lines

  979   -   979 

Single family owner occupied

  9,234   -   9,234 

Owner occupied construction

  -   -   - 

Consumer and other loans

          - 

Consumer loans

  552   -   552 

Total nonaccrual loans

 $23,798  $287  $24,085 
     
     

(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]
  June 30, 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

 $766  $-  $357  $1,123  $59,437  $60,560  $- 

Commercial and industrial

  601   413   1,234   2,248   145,520   147,768   - 

Multi-family residential

  -   -   328   328   100,019   100,347   - 

Single family non-owner occupied

  725   563   2,264   3,552   186,456   190,008   211 

Non-farm, non-residential

  638   356   2,859   3,853   709,236   713,089   - 

Agricultural

  123   206   21   350   8,315   8,665   - 

Farmland

  -   8   333   341   17,944   18,285   - 

Consumer real estate loans

                            

Home equity lines

  288   135   696   1,119   86,132   87,251   95 

Single family owner occupied

  2,751   1,551   3,865   8,167   671,696   679,863   - 

Owner occupied construction

  -   -   -   -   21,158   21,158   - 

Consumer and other loans

                            

Consumer loans

  1,897   368   255   2,520   119,547   122,067   21 

Other

  -   -   -   -   4,670   4,670   - 

Total loans

 $7,789  $3,600  $12,212  $23,601  $2,130,130  $2,153,731  $327 
  

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]
   June 30, 2021 

(Amounts in thousands)

 

Balance

  

Collateral Coverage

  

%

 

Commercial Real Estate

            

Hotel

 $-  $-   - 

Office

  -   -   - 

Other

  2,791   2,858   102.40%

Retail

  -   -   - 

Multi-Family

            

Industrial

  -   -   - 

Office

  -   -   - 

Other

  -   -   - 

Commercial and industrial

            

Industrial

  -   -   - 

Other

  -   -   - 

Home equity loans

  41   41   100.00%

Consumer owner occupied

  185   185   100.00%

Consumer

  -   -   - 

Total collateral dependent loans

 $3,017  $3,084   102.22%
Trouble Debt Restructuring Accrual Status [Table Text Block]
  

June 30, 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

  405   619   1,024   -   1,326   1,326 

Single family non-owner occupied

  655   592   1,247   1,585   1,265   2,850 

Non-farm, non-residential

  1,374   2,076   3,450   -   2,407   2,407 

Consumer real estate loans

                        

Home equity lines

  -   72   72   -   77   77 

Single family owner occupied

  1,198   4,707   5,905   229   4,927   5,156 

Owner occupied construction

  -   214   214   -   216   216 

Consumer and other loans

                        

Consumer loans

  -   29   29   -   30   30 

Total TDRs

 $3,632  $8,309  $11,941  $1,814  $10,248  $12,062 
                         

Allowance for credit losses related to TDRs

         $159          $- 
Interest Income Related to Troubled Debt Restructurings [Table Text Block]
  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2021

  

2020

  

2021

  

2020

 

(Amounts in thousands)

                

Interest income recognized

 $94  $152  $198  $250 
Financing Receivable, Troubled Debt Restructuring [Table Text Block]
  

Three Months Ended June 30,

 
  

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

  -   -   -   -   -   - 

Single family owner occupied

  -   -   -   -   -   - 

Total below market interest rate and extended payment term

  -   -   -   -   -   - 

Payment deferral

                        

Construction, development, and other land

  -   -   -   -   -   - 

Commercial and industrial

  -   -   -   1   1,106   1,106 

Single family non-owner occupied

  -   -   -   -   -   - 

Non-farm, non-residential

  -   -   -   2   1,538   1,538 

Single family owner occupied

  -   -   -   1   70   54 

Total principal deferral

  -   -   -   4   2,714   2,698 

Total

  -  $-  $-   4  $2,714  $2,698 
  

Six Months Ended June 30,

 
  

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 Single family non-owner occupied

  -   -   -   1  $50  $50 

Total below market interest rate

  -   -   -   1   50   50 

Below market interest rate and extended payment term

                        

Single family non-owner occupied

  -   -   -   -   -   - 

Single family owner occupied

  -   -   -   -   -   - 

Total below market interest rate and extended payment term

  -   -   -   -   -   - 

Payment deferral

                        

Construction, development, and other land

  -   -   -   1   63   63 

Commercial and industrial

  -   -   -   2   1,708   1,708 

Single family non-owner occupied

  -   -   -   1   529   529 

Non-farm, non-residential

  1   1,390   1,374   3   2,115   2,115 

Single family owner occupied

  -   -   -   3   742   726 

Home equity lines

  -   -   -   -   -   - 

Total principal deferral

  1   1,390   1,374   10   5,157   5,141 

Total

  1  $1,390  $1,374   11  $5,207  $5,191 
Other Real Estate Owned [Table Text Block]
  

June 30, 2021

  

December 31, 2020

 

(Amounts in thousands)

         

OREO

  $1,324  $2,083 
          

OREO secured by residential real estate

   $420  $769 

Residential real estate loans in the foreclosure process(1)

   3,606   4,141