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Note 18 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

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

						December 31, 2018
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a recurring basis:
U.S. government agency securities		$	-			$	7,471			$	-			$	7,471
Obligations of states and political subdivisions			-				73,093				-				73,093
Mortgage-backed securities in government- sponsored entities			-				17,758				-				17,758
Total debt securities			-				98,322				-				98,322
Equity securities in financial institutions			616				-				-				616
Total		$	616			$	98,322			$	-			$	98,938

						December 31, 2017
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a recurring basis:
U.S. government agency securities		$	-			$	8,719			$	-			$	8,719
Obligations of states and political subdivisions			-				67,429				-				67,429
Mortgage-backed securities in government- sponsored entities			-				18,510				-				18,510
Total debt securities			-				94,658				-				94,658
Equity securities in financial institutions (a)			375				-				-				375
Total		$	375			$	94,658			$	-			$	95,033

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

						December 31, 2018
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a non-recurring basis:
Impaired loans		$	-			$	-			$	1,075			$	1,075

						December 31, 2017
(Dollar amounts in thousands)		Level I				Level II				Level III				Total
Assets measured on a non-recurring basis:
Impaired loans		$	-			$	-			$	3,072			$	3,072
Other real estate owned			-				-				32				32

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

Quantitative Information about Level III Fair Value Measurements

(Dollar amounts in thousands)

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range (Weighted Average)

December 31, 2018

Impaired loans

$

1,075

Appraisal of collateral (1)

Appraisal adjustments (2)

0%

to

100.0%

(40.6%)

Quantitative Information about Level III Fair Value Measurements

(Dollar amounts in thousands)

Fair Value Estimate

Valuation Techniques

Unobservable Input

Range (Weighted Average)

December 31, 2017

Impaired loans

$

3,072

Appraisal of collateral (1)

Appraisal adjustment (2)

0.0%

to

86.1%

(13.8%)

Other real estate owned

$

32

Appraisal of collateral (1)

Appraisal adjustments (2)

0%

to

10.0%

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

		December 31, 2018
		Carrying																Total
		Value				Level I				Level II				Level III				Fair Value
		(in thousands)
Financial assets:
Cash and cash equivalents		$	107,933			$	107,933			$	-			$	-			$	107,933
Loans held for sale			597				-				597				-				597
Net loans			984,681				-				-				973,124				973,124
Bank-owned life insurance			16,080				16,080				-				-				16,080
Federal Home Loan Bank stock			3,679				3,679				-				-				3,679
Accrued interest receivable			3,633				3,633				-				-				3,633
Financial liabilities:
Deposits		$	1,016,067			$	715,153			$	-			$	298,891			$	1,014,044
Short-term borrowings			90,398				90,398				-				-				90,398
Other borrowings			8,803				-				-				8,827				8,827
Accrued interest payable			744				744				-				-				744

		December 31, 2017
		Carrying																Total
		Value				Level I				Level II				Level III				Fair Value
		(in thousands)
Financial assets:
Cash and cash equivalents		$	39,886			$	39,886			$	-			$	-			$	39,886
Loans held for sale			463				-				463				-				463
Net loans			916,023				-				-				913,323				913,323
Bank-owned life insurance			15,652				15,652				-				-				15,652
Federal Home Loan Bank stock			3,589				3,589				-				-				3,589
Accrued interest receivable			3,288				3,288				-				-				3,288
Financial liabilities:
Deposits		$	878,194			$	635,207			$	-			$	242,020			$	877,227
Short-term borrowings			74,707				74,707				-				-				74,707
Other borrowings			29,065				-				-				29,069				29,069
Accrued interest payable			578				578				-				-				578

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