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Note 3 - Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

						Commercial
(Dollars in thousands)						and								Commercial				Construction				Residential
		Agricultural				Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
Allowance for Loan Losses Three Months Ended June 30, 2021
Beginning balance		$	342			$	1,599			$	247			$	4,345			$	74			$	1,024			$	109			$	7,740
Charge-offs			—				(24	)			(76	)			-				—				-				—				(100	)
Recoveries			—				64				35				42				—				3				—				144
Provision			32				(116	)			37				(10	)			-				(167	)			390				166
Ending balance		$	374			$	1,523			$	243			$	4,377			$	74			$	860			$	499			$	7,950
Allowance for Loan Losses Six Months Ended June 30, 2021
Beginning balance		$	257			$	1,327			$	317			$	4,178			$	97			$	1,300			$	117			$	7,593
Charge-offs			—				(98	)			(147	)			(48	)			—				—				—				(293	)
Recoveries			—				73				113				43				—				5				—				234
Provision			117				221				(40	)			204				(23	)			(445	)			382				416
Ending balance		$	374			$	1,523			$	243			$	4,377			$	74			$	860			$	499			$	7,950
Individually evaluated for impairment		$	138			$	20			$	—			$	56			$	—			$	148			$	—			$	362
Collectively evaluated for impairment		$	236			$	1,503			$	243			$	4,321			$	74			$	712			$	499			$	7,588
Loans
June 30, 2021
Individually evaluated for impairment		$	3,167			$	184			$	—			$	1,140			$	—			$	2,333							$	6,824
Collectively evaluated for impairment			43,400				259,034				33,354				461,941				15,440				165,318								978,487
Acquired with deteriorated credit quality			—				5,814				16				10,906				—				2,540								19,276
Ending balance		$	46,567			$	265,032			$	33,370			$	473,987			$	15,440			$	170,191							$	1,004,587

						Commercial
(Dollars in thousands)						and								Commercial				Construction				Residential
		Agricultural				Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
Allowance for Loan Losses Three Months Ended June 30, 2020
Beginning balance		$	347			$	853			$	220			$	1,960			$	124			$	1,061			$	225			$	4,790
Charge-offs			-				(17	)			(95	)			-				-				(7	)			-				(119	)
Recoveries			-				-				66				-				-				13				-				79
Provision			(95	)			562				52				873				(45	)			(122	)			(225	)			1,000
Ending balance		$	252			$	1,398			$	243			$	2,833			$	79			$	945			$	-			$	5,750
Allowance for Loan Losses Six Months Ended June 30, 2020
Beginning balance		$	471			$	655			$	270			$	1,663			$	76			$	640			$	282			$	4,057
Charge-offs			—				(17	)			(184	)			—				—				(7	)			—				(208	)
Recoveries			—				1				110				—				—				15				—				126
Provision			(219	)			759				47				1,170				3				297				(282	)			1,775
Ending balance		$	252			$	1,398			$	243			$	2,833			$	79			$	945			$	-			$	5,750
Individually evaluated for impairment		$	—			$	31			$	6			$	235			$	—			$	225			$	—			$	497
Collectively evaluated for impairment		$	252			$	1,367			$	236			$	2,599			$	79			$	720			$	—			$	5,253
Loans
June 30, 2020
Individually evaluated for impairment		$	379			$	321			$	24			$	2,246			$	—			$	2,326							$	5,296
Collectively evaluated for impairment			50,556				237,852				33,745				359,696				15,576				200,104								897,529
Acquired with deteriorated credit quality			—				3,839				—				1,121				—				208								5,168
Ending balance		$	50,935			$	242,012			$	33,769			$	363,063			$	15,576			$	202,638							$	907,993

						Commercial
(Dollars in thousands)						and								Commercial				Construction				Residential
		Agricultural				Industrial				Consumer				Real Estate				Real Estate				Real Estate				Unallocated				Total
Allowance for Loan Losses
December 31, 2020
Individually evaluated for impairment		$	-			$	19			$	1			$	157			$	-			$	254			$	-			$	431
Collectively evaluated for impairment		$	257			$	1,308			$	316			$	4,021			$	97			$	1,046			$	117			$	7,162
Loans
December 31, 2020
Individually evaluated for impairment		$	348			$	1,663			$	8			$	3,032			$	80			$	2,720							$	7,851
Collectively evaluated for impairment			53,387				295,154				33,982				453,681				16,559				186,982								1,039,745
Acquired with deteriorated credit quality			-				6,710				24				12,534				-				2,804								22,072
Ending balance		$	53,735			$	303,527			$	34,014			$	469,247			$	16,639			$	192,506							$	1,069,668

Financing Receivable Credit Quality Indicators [Table Text Block]

(Dollars in thousands)		Agricultural								Commercial and Industrial								Commercial Real Estate
		June 30,				December 31,				June 30,				December 31,				June 30,				December 31,
		2021				2020				2021				2020				2021				2020
Pass		$	43,040			$	50,185			$	260,047			$	294,614			$	464,426			$	453,080
Special Mention			360				3,202				3,086				4,101				2,504				6,006
Substandard			3,167				348				1,702				4,812				7,057				8,925
Doubtful			-				-				197				-				-				1,236
		$	46,567			$	53,735			$	265,032			$	303,527			$	473,987			$	469,247

(Dollars in thousands)		Consumer								Construction Real Estate								Residential Real Estate
		June 30,				December 31,				June 30,				December 31,				June 30,				December 31,
		2021				2020				2021				2020				2021				2020
Performing		$	33,370			$	34,006			$	15,440			$	16,559			$	169,138			$	191,125
Nonperforming			-				-				-				-				-				-
Nonaccrual			-				8				-				80				1,053				1,381
		$	33,370			$	34,014			$	15,440			$	16,639			$	170,191			$	192,506

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

		Three Months Ended June 30, 2021												Six Months Ended June 30, 2021
						Pre-				Post-								Pre-				Post-
						Modification				Modification								Modification				Modification
						Outstanding				Outstanding								Outstanding				Outstanding
(Dollars in thousands)		Number of				Recorded				Recorded				Number of				Recorded				Recorded
		Loans				Investment				Investment				Loans				Investment				Investment
Agricultural			-			$	-			$	-				6			$	2,320			$	2,320
Commercial Real Estate			-				-				-				2				1,210				1,210
Total			-			$	-			$	-				8			$	3,530			$	3,530

		Three Months Ended June 30, 2020												Six Months Ended June 30, 2020
						Pre-				Post-								Pre-				Post-
						Modification				Modification								Modification				Modification
						Outstanding				Outstanding								Outstanding				Outstanding
(Dollars in thousands)		Number of				Recorded				Recorded				Number of				Recorded				Recorded
		Loans				Investment				Investment				Loans				Investment				Investment
Agricultural			1			$	68			$	68				1			$	68			$	68
Commercial Real Estate			2				1,882				1,882				2				1,882				1,882
Total			3			$	1,950			$	1,950				3			$	1,950			$	1,950

		Three Months Ended								Six Months Ended
		June 30, 2021								June 30, 2021
(Dollars in thousands)		Number				Recorded				Number				Recorded
		of Loans				Investment				of Loans				Investment
Commercial and industrial			1			$	52				1			$	52
Commercial Real Estate			1				184				1				184
Total			2			$	236				2			$	236

		Three Months Ended								Six Months Ended
		June 30, 2020								June 30, 2020
(Dollars in thousands)		Number				Recorded				Number				Recorded
		of Loans				Investment				of Loans				Investment
Agricultural			1			$	68				1			$	68
Commercial Real Estate			2				1,882				2				1,882
Total			3			$	1,950				3			$	1,950

Impaired Financing Receivables [Table Text Block]

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
June 30, 2021
With no related allowance recorded
Agricultural		$	1,637			$	1,637			$	-
Commercial and industrial			-				-				-
Consumer			-				-				-
Construction real estate			-				-				-
Commercial real estate			772				772				-
Residential real estate			469				480				-
Subtotal			2,878				2,889				-
With an allowance recorded
Agricultural			1,530				1,615				138
Commercial and industrial			184				313				20
Consumer			-				-				-
Construction real estate			-				-				-
Commercial real estate			368				376				56
Residential real estate			1,864				1,901				148
Subtotal			3,946				4,205				362
Total
Agricultural			3,167				3,252				138
Commercial and industrial			184				313				20
Consumer			-				-				-
Construction real estate			-				-				-
Commercial real estate			1,140				1,148				56
Residential real estate			2,333				2,381				148
Total		$	6,824			$	7,094			$	362

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
December 31, 2020
With no related allowance recorded
Agricultural		$	348			$	434			$	-
Commercial and industrial			1,516				1,629				-
Consumer			-				-				-
Construction real estate			80				80				-
Commercial real estate			1,852				2,664				-
Residential real estate			162				162				-
Subtotal			3,958				4,969				-
With an allowance recorded
Agricultural			-				-				-
Commercial and industrial			147				147				19
Consumer			8				8				1
Construction real estate			-				-				-
Commercial real estate			1,180				1,180				157
Residential real estate			2,558				2,651				254
Subtotal			3,893				3,986				431
Total
Agricultural			348				434				-
Commercial and industrial			1,663				1,776				19
Consumer			9				8				1
Construction real estate			80				80				-
Commercial real estate			3,031				3,844				157
Residential real estate			2,720				2,813				254
Total		$	7,851			$	8,955			$	431

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
Three Months Ended June 30, 2021
With no related allowance recorded
Agricultural		$	778			$	24
Commercial and industrial			993				-
Consumer			-				-
Construction real estate			27				-
Commercial real estate			1,749				13
Residential real estate			267				-
Subtotal			3,814				37
With an allowance recorded
Agricultural			1,451				16
Commercial and industrial			165				-
Consumer			3				-
Construction real estate			-				-
Commercial real estate			642				3
Residential real estate			2,280				15
Subtotal			4,541				34
Total
Agricultural			2,229				40
Commercial and industrial			1,158				-
Consumer			3				-
Construction real estate			27				-
Commercial real estate			2,391				16
Residential real estate			2,547				15
Total		$	8,355			$	71

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
Three Months Ended June 30, 2020
With no related allowance recorded
Agricultural		$	190			$	-
Commercial and industrial			129				-
Consumer			-				-
Construction real estate			-				-
Commercial real estate			941				-
Residential real estate			49				-
Subtotal			1,309				-
With an allowance recorded
Agricultural			190				-
Commercial and industrial			167				-
Consumer			19				-
Construction real estate			-				-
Commercial real estate			1,312				5
Residential real estate			2,339				22
Subtotal			4,027				27
Total
Agricultural			380				-
Commercial and industrial			296				-
Consumer			19				-
Construction real estate			-				-
Commercial real estate			2,253				5
Residential real estate			2,388				22
Total		$	5,336			$	27

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
Six Months Ended June 30, 2021
With no related allowance recorded
Agricultural		$	993			$	52
Commercial and industrial			731				-
Consumer			-				-
Construction real estate			-				-
Commercial real estate			1,698				32
Residential real estate			320				-
Subtotal			3,742				84
With an allowance recorded
Agricultural			2,177				35
Commercial and industrial			174				1
Consumer			-				-
Construction real estate			-				-
Commercial real estate			372				6
Residential real estate			2,141				33
Subtotal			4,864				75
Total
Agricultural			3,170				87
Commercial and industrial			905				1
Consumer			-				-
Construction real estate			-				-
Commercial real estate			2,070				38
Residential real estate			2,461				33
Total		$	8,606			$	159

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
Six Months Ended June 30, 2020
With no related allowance recorded
Agricultural		$	308			$	-
Commercial and industrial			173				-
Consumer			-				-
Construction real estate			-				-
Commercial real estate			1,255				-
Residential real estate			46				-
Subtotal			1,782				-
With an allowance recorded
Agricultural			253				-
Commercial and industrial			116				-
Consumer			19				-
Construction real estate			-				-
Commercial real estate			1,005				12
Residential real estate			2,356				52
Subtotal			3,749				64
Total
Agricultural			561				-
Commercial and industrial			289				-
Consumer			19				-
Construction real estate			-				-
Commercial real estate			2,260				12
Residential real estate			2,402				52
Total		$	5,531			$	64

Financing Receivable, Past Due [Table Text Block]

										Loans
		Loans				Loans				Past Due																Loans
		Past Due				Past Due				Greater																90 Days Past
(Dollars in thousands)		30 to 59				60 to 89				Than 90								Loans Not				Total				Due and
		Days (1)				Days (1)				Days (1)				Total (1)				Past Due				Loans				Accruing
June 30, 2021
Agricultural		$	-			$	-			$	-			$	-			$	46,567			$	46,567			$	-
Commercial and industrial			281				21				317				619				264,413				265,032				-
Consumer			15				-				-				15				33,355				33,370				-
Commercial real estate			425				-				184				609				473,378				473,987				-
Construction real estate			-				-				-				-				15,440				15,440				-
Residential real estate			97				118				480				695				169,496				170,191				-
		$	818			$	139			$	981			$	1,938			$	1,002,649			$	1,004,587			$	-
December 31, 2020
Agricultural		$	-			$	-			$	-			$	-			$	53,735			$	53,735			$	-
Commercial and industrial			-				109				515				624				302,903				303,527				-
Consumer			39				-				-				39				33,975				34,014				-
Commercial real estate			532				44				1,744				2,320				466,927				469,247				-
Construction real estate			1,076				180				80				1,336				15,303				16,639				-
Residential real estate			1,563				256				352				2,171				190,335				192,506				-
		$	3,210			$	589			$	2,691			$	6,490			$	1,063,178			$	1,069,668			$	-

Financing Receivable, Nonaccrual [Table Text Block]

(Dollars in thousands)		June 30,				December 31,
		2021				2020
Agricultural		$	348			$	348
Commercial and industrial			338				1,802
Consumer			-				8
Commercial real estate			184				3,088
Construction real estate			-				80
Residential real estate			1,053				1,381
		$	1,923			$	6,707

Business Acquisition, Pro Forma Information, Nonrecurring Adjustments [Table Text Block]

		Acquired				Acquired				Acquired
		Impaired				Non-impaired				Total
Loans acquired - contractual payments		$	7,729			$	387,394			$	395,123
Nonaccretable difference			(2,928	)			-				(2,928	)
Expected cash flows			4,801				387,394				392,195
Accretable yield			(185	)			(1,894	)			(2,079	)
Carrying balance at acquisition date		$	4,616			$	385,500			$	390,116

(Dollars in thousands)		Acquired				Acquired				Acquired
		Impaired				Non-impaired				Total
Balance, January 1, 2019		$	-			$	-			$	-
Merger with County Bank Corp on October 1, 2019			185				1,894				2,079
Accretion October 1, 2019 through December 31, 2019			-				(75	)			(75	)
Balance, January 1, 2020			185				1,819				2,004
Accretion January 1, 2020 through December 31, 2020			(50	)			(295	)			(345	)
Balance, December 31, 2020			135				1,524				1,659
Accretion January 1, 2021 through June 30, 2021			(12	)			(127	)			(139	)
Balance, June 30, 2021		$	123			$	1,397			$	1,520

		Acquired				Acquired				Acquired
		Impaired				Non-impaired				Total
Loans acquired - contractual payments		$	20,491			$	158,495			$	178,986
Nonaccretable difference			(2,719	)			-				(2,719	)
Expected cash flows			17,772				158,495				176,267
Accretable yield			(869	)			(596	)			(1,465	)
Carrying balance at acquisition date		$	16,903			$	157,899			$	174,802

		Impaired				Non-impaired				Total
Balance, January 1, 2020		$	-			$	-			$	-
Merger with Community Shores Bank Corporation on July 1, 2020			869				596				1,465
Accretion July 1, 2020 through December 31, 2020			(26	)			(141	)			(167	)
Balance, December 31, 2020			843				455				1,298
Accretion January 1, 2021 through June 30, 2021			(328	)			(219	)			(547	)
Balance, June 30, 2021		$	515			$	236			$	751

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

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Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(4)
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X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524

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Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524

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- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
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