XML 24 R14.htm IDEA: XBRL DOCUMENT v3.20.2

Note 5 - Financial Instruments

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Financial Instruments Disclosure [Text Block]

Note 5 – Financial Instruments

Financial instruments as of the dates indicated were as follows: 

										Quoted Prices
										In Active				Significant
										Markets for				Other				Significant
										Identical				Observable				Unobservable
(Dollars in thousands)		Carrying				Estimated				Assets				Inputs				Inputs
		Amount				Fair Value				(Level 1)				(Level 2)				(Level 3)
June 30, 2020
Assets
Cash and cash equivalents		$	66,791			$	66,791			$	66,791			$	-			$	-
Equity securities at fair value			2,905				2,905				1,425				-				1,480
Securities available for sale			372,525				372,525				-				360,380				12,145
Federal Home Loan Bank and Federal
Reserve Bank stock			6,471				6,471				-				6,471				-
Loans held for sale			10,860				11,186				-				11,186				-
Loans to other financial institutions			49,895				49,895				-				49,895				-
Loans, net			902,243				899,773				-				-				899,773
Accrued interest receivable			5,424				5,424				-				5,424				-
Interest rate lock commitments			1,084				1,084				-				1,084				-
Liabilities
Noninterest-bearing deposits			392,086				392,086				-				392,086				-
Interest-bearing deposits			932,222				933,484				-				933,484				-
Borrowings			10,179				10,229				-				10,229				-
Accrued interest payable			246				246				-				246				-
December 31, 2019
Assets
Cash and due from banks		$	59,558			$	59,558			$	59,558			$	-			$	-
Equity securities at fair value			2,851				2,851				1,379				-				1,472
Securities available for sale			339,579				339,579				-				327,212				12,367
Federal Home Loan Bank and Federal
Reserve Bank stock			6,458				6,458				-				6,458				-
Loans held for sale			3,095				3,134				-				3,134				-
Loans to other financial institutions			51,048				51,048				-				51,048				-
Loans, net			797,991				793,270				-				-				793,270
Accrued interest receivable			3,965				3,965				-				3,965				-
Interest rate lock commitments			68				68				-				68				-
Liabilities
Noninterest-bearing deposits			287,460				287,460				-				287,460				-
Interest-bearing deposits			867,142				867,154				-				867,154				-
Federal Home Loan Bank advances			33,198				33,243				-				33,243				-
Accrued interest payable			411				411				-				411				-

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureTextBlockAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures.

+ References

No definition available.

+ Details

Name:	us-gaap_FinancialInstrumentsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration