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Note 9 - Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Fair Value, by Balance Sheet Grouping [Table Text Block]

						Fair Value Measurements at September 30, 2025, Using:
		Carrying Value				Level 1				Level 2				Level 3				Total Fair Value
Financial assets:
Cash and cash equivalents		$	87,279			$	87,279			$	-			$	-			$	87,279
Investment securities			484,686				-				484,686				-				484,686
Loans, net			1,480,415				-				-				1,444,023				1,444,023
FHLB stock			8,804				-				8,804				-				8,804
FRB Stock			3,155				-				3,155				-				3,155
Financial liabilities:
Deposits			1,819,536				1,604,947				-				213,842				1,818,789
Repurchase agreements			93,863				-				93,863				-				93,863
Borrowings			26,705				-				-				25,986				25,986

						Fair Value Measurements at December 31, 2024, Using:
Financial assets:			Carrying Value				Level 1				Level 2				Level 3				Total Fair Value
Cash and cash equivalents		$	82,018			$	82,018			$	-			$	-			$	82,018
Investment securities			437,735				-				437,735				-				437,735
Loans, net			1,005,375				-				-				981,114				981,114
FHLB stock			6,234				-				6,234				-				6,234
FRB Stock			1,380				-				1,380				-				1,380
Financial liabilities:
Deposits			1,371,101				1,276,912				-				94,161				1,371,073
Repurchase agreements			22,073				-				22,073				-				22,073
Borrowings			15,000				-				-				13,967				13,967

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

						Fair Value Measurements at
						September 30, 2025 Using
						Quoted
						Prices in
						Active				Significant
						Markets for				Other				Significant
						Identical				Observable				Unobservable
						Assets				Inputs				Inputs
		Total Fair Value				(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Government-sponsored agencies collateralized by mortgage obligations- residential			250,865				-				250,865				-
U.S. Government agencies collateralized by mortgage obligations-commercial			138,938				-				138,938				-
Obligations of states and political subdivisions			94,883				-				94,883				-
		$	484,686			$	-			$	484,686			$	-

						Fair Value Measurements at
						December 31, 2024 Using
						Quoted
						Prices in
						Active				Significant
						Markets for				Other				Significant
						Identical				Observable				Unobservable
						Assets				Inputs				Inputs
		Total Fair Value				(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Government-sponsored agencies collateralized by mortgage obligations - residential			228,391				-				228,391				-
U.S. Government-agencies collateralized by mortgage obligations - commercial			121,870				-				121,870				-
Obligations of states and political subdivisions			87,474				-				87,474				-
		$	437,735			$	-			$	437,735			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

						Fair Value Measurements at
						September 30, 2025 Using
		Total Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total Losses Nine Months Ended September 30, 2025
Assets:
Collateral-dependent loans
Commercial		$	55			$	-			$	-			$	55			$	150
Agricultural			1,149				-				-				1,149				890
Total		$	1,204			$	-			$	-			$	1,204			$	1,040
Other Real Estate Owned:
RE – Residential		$	91			$	-			$	-			$	91			$	-
Equity lines of credit			23												23				27
Total		$	114			$	-			$	-			$	114			$	27

						Fair Value Measurements at
						December 31, 2024 Using
		Total Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total Losses Nine Months Ended September 30, 2024
Assets:
Collateral-dependent loans
Commercial		$	24			$	-			$	-			$	24			$	-
Other Real Estate Owned:
RE – Residential		$	91			$	-			$	-			$	91			$	-

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

												Range				Range
		Fair Value				Fair Value			Valuation			(Weighted Average)				(Weighted Average)
Description		9/30/2025				12/31/2024			Technique	Significant Unobservable Input		9/30/2025				12/31/2024
Collateral-dependent loans:
Commercial		$	55			$	24		Third Party appraisals	Management Adjustments to Reflect Current Conditions and Selling Costs			37% - 100% (78%)				53	%
Agricultural			1,149				-		Third Party appraisals	Management Adjustments to Reflect Current Conditions and Selling Costs			2% - 98% (44%)
Total		$	1,204			$	24
Other Real Estate:
RE – Residential		$	91			$	91		Third Party appraisals	Management Adjustments to Reflect Current Conditions and Selling Costs			60	%			60	%
Equity lines of credit			23				-		Third Party appraisals	Management Adjustments to Reflect Current Conditions and Selling Costs			55	%
		$	114			$	91

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