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Note 18 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

		Quoted Prices
		In Active				Significant
		Markets for				Other				Significant
		Identical				Observable				Unobservable
(Dollars in thousands)		Assets				Inputs				Inputs				Balance at
		(Level 1)				(Level 2)				(Level 3)				Date Indicated
Equity Securities Held at Fair Value - December 31, 2020
Equity securities		$	1,411			$	-			$	1,485			$	2,896
Investment Securities, Available for Sale - December 31, 2020
U. S. Government and federal agency		$	-			$	2,051			$	-			$	2,051
U. S. Treasury notes and bonds			-				2,056				-				2,056
State and municipal			-				309,945				10,423				320,368
Mortgage-backed			-				246,723				-				246,723
Corporate			-				2,589				-				2,589
Trust preferred securities			-				-				1,000				1,000
Total		$	-			$	563,364			$	11,423			$	574,787
Equity Securities Held at Fair Value - December 31, 2019
Equity securities		$	1,379			$	-			$	1,472			$	2,851
Investment Securities, Available for Sale - December 31, 2019
U. S. Government and federal agency		$	-			$	17,215			$	-			$	17,215
U. S. Treasury notes and bonds			-				2,008				-				2,008
State and municipal			-				162,557				11,367				173,924
Mortgage-backed			-				142,760				-				142,760
Corporate			-				2,672				-				2,672
Trust preferred securities			-				-				1,000				1,000
Total		$	-			$	327,212			$	12,367			$	339,579

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

(Dollars in thousands)
	2020		2019
Equity Securities Held at Fair Value
Balance, January 1	$	1,472	$	886
Total realized and unrealized gains included in noninterest income		13		114
Net purchases, sales, calls, and maturities		-		-
Net transfers into Level 3		-		-
Acquired from merger with County Bank Corp.		-		472
Balance, December 31	$	1,485	$	1,472
Investment Securities, Available for Sale
Balance, January 1	$	12,367	$	8,498
Total realized and unrealized gains included in income		-		-
Total unrealized gains/(losses) included in other comprehensive income		512		210
Net purchases, sales, calls, and maturities		(1,456)		1,375
Net transfers into Level 3		-		-
Acquired from merger with County Bank Corp.		-		2,284
Balance, December 31	$	11,423	$	12,367

Fair Value Measurements, Nonrecurring [Table Text Block]

						Quoted Prices
						In Active				Significant
						Markets for				Other				Significant
		Balances at				Identical				Observable				Unobservable
(Dollars in thousands)		Dates				Assets				Inputs				Inputs
		Indicated				(Level 1)				(Level 2)				(Level 3)
Impaired Loans
December 31, 2020		$	7,851			$	-			$	-			$	7,851
December 31, 2019		$	5,922			$	-			$	-			$	5,922
Other Real Estate
December 31, 2020		$	266			$	-			$	-			$	266
December 31, 2019		$	929			$	-			$	-			$	929
Mortgage Loan Servicing Rights
December 31, 2020		$	3,967			$	-			$	3,967			$	-
December 31, 2019		$	2,131			$	-			$	2,131			$	-

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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