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

6 Months Ended

Jun. 30, 2022

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, 2022
Beginning balance		$	387			$	1,752			$	304			$	3,690			$	37			$	589			$	842			$	7,601
Charge-offs			—				(100	)			(144	)			-				—				-				—				(244	)
Recoveries			—				2				55				1				—				1				—				59
Provision			(255	)			(41	)			94				533				8				101				(440	)			-
Ending balance		$	132			$	1,613			$	309			$	4,224			$	45			$	691			$	402			$	7,416
Allowance for Loan Losses Six Months Ended June 30, 2022
Beginning balance		$	448			$	1,454			$	290			$	3,705			$	110			$	671			$	1,010			$	7,688
Charge-offs							(131	)			(255	)			—				—				—				—				(386	)
Recoveries							4				106				2				—				2				—				114
Provision			(316	)			286				168				517				(65	)			18				(608	)			-
Ending balance		$	132			$	1,613			$	309			$	4,224			$	45			$	691			$	402			$	7,416
Individually evaluated for impairment		$	1			$	52			$	1			$	7			$	—			$	154			$	—			$	215
Collectively evaluated for impairment		$	131			$	1,561			$	308			$	4,217			$	45			$	537			$	402			$	7,201
Loans
June 30, 2022
Individually evaluated for impairment		$	320			$	159			$	7			$	149			$	—			$	2,052							$	2,687
Collectively evaluated for impairment			58,743				204,149				38,359				555,787				17,950				188,257								1,063,245
Acquired with deteriorated credit quality			—				4,549				10				9,227				—				1,671								15,457
Ending balance		$	59,063			$	208,857			$	38,376			$	565,163			$	17,950			$	191,980							$	1,081,389

						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
December 31, 2021
Individually evaluated for impairment		$	251			$	95			$	2			$	9			$	-			$	146			$	-			$	503
Collectively evaluated for impairment		$	197			$	1,359			$	288			$	3,696			$	110			$	525			$	1,010			$	7,185
Loans
December 31, 2021
Individually evaluated for impairment		$	2,616			$	339			$	14			$	273			$	-			$	2,191							$	5,433
Collectively evaluated for impairment			62,203				197,656				35,148				515,528				19,066				164,647								994,248
Acquired with deteriorated credit quality			-				5,029				12				10,083				-				2,043								17,167
Ending balance		$	64,819			$	203,024			$	35,174			$	525,884			$	19,066			$	168,881							$	1,016,848

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,
		2022				2021				2022				2021				2022				2021
Pass		$	58,429			$	61,864			$	206,399			$	201,202			$	559,653			$	519,537
Special Mention			313				339				1,342				300				739				778
Substandard			321				2,616				1,116				1,266				4,771				5,569
Doubtful			-				-				-				256				-				-
		$	59,063			$	64,819			$	208,857			$	203,024			$	565,163			$	525,884

(Dollars in thousands)		Consumer								Construction Real Estate								Residential Real Estate
		June 30,				December 31,				June 30,				December 31,				June 30,				December 31,
		2022				2021				2022				2021				2022				2021
Performing		$	38,368			$	35,174			$	17,950			$	19,066			$	191,152			$	168,031
Nonperforming			-				-				-				-				-				-
Nonaccrual			8				-				-				-				828				850
		$	38,376			$	35,174			$	17,950			$	19,066			$	191,980			$	168,881

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

		Three Months Ended June 30, 2022												Six Months Ended June 30, 2022
						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			$	258			$	258
Commercial and industrial			1				19				19				1				19				19
Total			1			$	19			$	19				2			$	277			$	277

		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								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

Impaired Financing Receivables [Table Text Block]

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
June 30, 2022
With no related allowance recorded
Agricultural		$	314			$	428			$	-
Commercial and industrial			-				-				-
Consumer			-				-				-
Construction real estate			-				-				-
Commercial real estate			-				-				-
Residential real estate			439				469				-
Subtotal			753				897				-
With an allowance recorded
Agricultural			6				7				1
Commercial and industrial			159				190				52
Consumer			7				8				1
Construction real estate			149				149				-
Commercial real estate			-				-				7
Residential real estate			1,613				1,644				154
Subtotal			1,934				1,998				215
Total
Agricultural			320				435				1
Commercial and industrial			159				190				52
Consumer			7				8				1
Construction real estate			149				149				-
Commercial real estate			-				-				7
Residential real estate			2,052				2,113				154
Total		$	2,687			$	2,895			$	215

						Unpaid
(Dollars in thousands)		Recorded				Principal				Related
		Investment				Balance				Allowance
December 31, 2021
With no related allowance recorded
Agricultural		$	314			$	428			$	-
Commercial and industrial			-				-				-
Consumer			-				-				-
Construction real estate			-				-				-
Commercial real estate			94				94				-
Residential real estate			164				172				-
Subtotal			572				694				-
With an allowance recorded
Agricultural			2,302				2,302				251
Commercial and industrial			339				363				95
Consumer			14				15				2
Construction real estate			-				-				-
Commercial real estate			179				179				9
Residential real estate			2,027				2,084				146
Subtotal			4,861				4,943				503
Total
Agricultural			2,616				2,730				251
Commercial and industrial			339				363				95
Consumer			14				15				2
Construction real estate			-				-				-
Commercial real estate			273				273				9
Residential real estate			2,191				2,256				146
Total		$	5,433			$	5,637			$	503

		Average				Interest
(Dollars in thousands)		Recorded				Income
		Investment				Recognized
Three Months Ended June 30, 2022
With no related allowance recorded
Agricultural		$	314			$	-
Commercial and industrial			46				-
Consumer			-				-
Construction real estate			-				-
Commercial real estate			-				-
Residential real estate			220				-
Subtotal			580				-
With an allowance recorded
Agricultural			1,117				-
Commercial and industrial			211				1
Consumer			20				-
Construction real estate			-				-
Commercial real estate			153				2
Residential real estate			1,733				12
Subtotal			3,234				15
Total
Agricultural			1,431				-
Commercial and industrial			257				1
Consumer			20				-
Construction real estate			-				-
Commercial real estate			153				2
Residential real estate			1,953				12
Total		$	3,814			$	15

		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
Six Months Ended June 30, 2022
With no related allowance recorded
Agricultural		$	314			$	-
Commercial and industrial			31				-
Consumer			-				-
Construction real estate			-				-
Commercial real estate			31				-
Residential real estate			201				-
Subtotal			577				-
With an allowance recorded
Agricultural			1,512				-
Commercial and industrial			254				2
Consumer			18				-
Construction real estate			-				-
Commercial real estate			162				5
Residential real estate			1,831				29
Subtotal			3,777				36
Total
Agricultural			1,826				-
Commercial and industrial			285				2
Consumer			18				-
Construction real estate			-				-
Commercial real estate			193				5
Residential real estate			2,032				29
Total		$	4,354			$	36

		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

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, 2022
Agricultural		$	-			$	-			$	-			$	-			$	59,063			$	59,063			$	-
Commercial and industrial			142				-				93				235				208,622				208,857				-
Consumer			-				-				-				-				38,376				38,376				-
Commercial real estate			-				-				-				-				565,163				565,163				-
Construction real estate			-				-				-				-				17,950				17,950				-
Residential real estate			29				197				580				806				191,174				191,980				-
		$	171			$	197			$	673			$	1,041			$	1,080,348			$	1,081,389			$	-
December 31, 2021
Agricultural		$	-			$	-			$	-			$	-			$	64,819			$	64,819			$	-
Commercial and industrial			21				-				88				109				202,915				203,024				-
Consumer			70				15				-				85				35,089				35,174				-
Commercial real estate			422				13				279				714				525,170				525,884				-
Construction real estate			1,149				1,235				-				2,384				16,682				19,066				-
Residential real estate			1,489				306				454				2,249				166,632				168,881				-
		$	3,151			$	1,569			$	821			$	5,541			$	1,011,307			$	1,016,848			$	-

Financing Receivable, Nonaccrual [Table Text Block]

(Dollars in thousands)		June 30,				December 31,
		2022				2021
Agricultural		$	314			$	313
Commercial and industrial			92				285
Consumer			8				-
Commercial real estate			-				279
Residential real estate			828				850
		$	1,242			$	1,727

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 January 1, 2021			135				1,524				1,659
Accretion January 1, 2021 through December 31, 2021			(247	)			(348	)			(595	)
Transfer from non-accretable to accretable yield			400				-				400
Balance January 1, 2022			288				1,176				1,464
Transfer from non-accretable to accretable yield			1,150				-				1,150
Accretion January 1, 2022 through June 30, 2022			(222	)			34				(188	)
Balance, June 30, 2022		$	1,216			$	1,210			$	2,426

		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

		Acquired				Acquired				Acquired
		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, January 1, 2021			843				455				1,298
Accretion January 1, 2021 through December 31, 2021			(321	)			(258	)			(579	)
Balance January 1, 2022			522				197				719
Transfer from non-accretable to accretable yield			874				-				874
Accretion January 1, 2022 through June 30, 2022			(578	)			(197	)			(775	)
Balance, June 30, 2022		$	818			$	-			$	818

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
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://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)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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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 https://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 https://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524

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X

- Definition

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 https://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
-SubTopic 20
-Section 50
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