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Note 7 - Loans and Related Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule Of Financing Receivable By Segment [Table Text Block]
  

June 30,

  

December 31,

 
  

2024

  

2023

 
         

Commercial real estate:

        

Owner occupied

 $182,809  $183,545 

Non-owner occupied

  385,648   401,580 

Multifamily

  86,951   82,506 

Residential real estate

  337,121   328,854 

Commercial and industrial

  234,702   221,508 

Home equity lines of credit

  131,047   127,818 

Construction and other

  132,530   125,105 

Consumer installment

  6,896   7,214 

Total loans

  1,497,704   1,478,130 

Less: Allowance for credit losses

  (21,795)  (21,693)

Net loans

 $1,475,909  $1,456,437 
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]
  

For the Three Months Ended June 30, 2024

 
  

Allowance for Credit Losses

 
  

Balance

              

Balance

 
  

March 31, 2024

  

Charge-offs

  

Recoveries

  

Provision

  

June 30, 2024

 

Loans:

                    

Commercial real estate:

                    

Owner occupied

 $2,060  $-  $-  $(2) $2,058 

Non-owner occupied

  7,768   -   -   213   7,981 

Multifamily

  1,204   -   -   64   1,268 

Residential real estate

  4,774   -   -   117   4,891 

Commercial and industrial

  2,038   -   8   384   2,430 

Home equity lines of credit

  785   -   -   28   813 

Construction and other

  2,373   -   -   (83)  2,290 

Consumer installment

  67   (6)  27   (24)  64 

Total

 $21,069  $(6) $35  $697  $21,795 
  

For the Three Months Ended June 30, 2023

 
  

Allowance for Credit Losses

 
  

Balance

  

CECL

              

Balance

 
  

March 31, 2023

  

Adoption

  

Charge-offs

  

Recoveries

  

Provision

  

June 30, 2023

 

Loans:

                        

Commercial real estate:

                        

Owner occupied

 $2,678  $-  $(46) $1  $780  $3,413 

Non-owner occupied

  4,712   -   -   -   (866)  3,846 

Multifamily

  1,371   -   -   -   (92)  1,279 

Residential real estate

  4,967   -   (108)  -   255   5,114 

Commercial and industrial

  3,819   -   (6)  9   282   4,104 

Home equity lines of credit

  809   -   -   -   (86)  723 

Construction and other

  1,553   -   -   -   331   1,884 

Consumer installment

  253   -   (3)  42   (64)  228 

Total

 $20,162  $-  $(163) $52  $540  $20,591 
  

For the Six Months Ended June 30, 2024

 
  

Allowance for Credit Losses

 
  

Balance

              

Balance

 
  

December 31, 2023

  

Charge-offs

  

Recoveries

  

Provision

  

June 30, 2024

 

Loans:

                    

Commercial real estate:

                    

Owner occupied

 $2,668  $-  $11  $(621) $2,058 

Non-owner occupied

  4,480   -   -   3,501   7,981 

Multifamily

  1,796   -   -   (528)  1,268 

Residential real estate

  5,450   -   -   (559)  4,891 

Commercial and industrial

  4,377   -   16   (1,963)  2,430 

Home equity lines of credit

  750   (7)  -   70   813 

Construction and other

  1,990   -   -   300   2,290 

Consumer installment

  182   (6)  83   (195)  64 

Total

 $21,693  $(13) $110  $5  $21,795 
  

For the Six Months Ended June 30, 2023

 
  

Allowance for Credit Losses

 
  

Balance

  

CECL

              

Balance

 
  

December 31, 2022

  

Adoption

  

Charge-offs

  

Recoveries

  

Provision

  

June 30, 2023

 

Loans:

                        

Commercial real estate:

                        

Owner occupied

 $2,203  $811  $(46) $3  $442  $3,413 

Non-owner occupied

  5,597   (1,206)  -   -   (545)  3,846 

Multifamily

  662   591   -   -   26   1,279 

Residential real estate

  2,047   2,744   (108)  -   431   5,114 

Commercial and industrial

  1,483   2,320   (60)  20   341   4,104 

Home equity lines of credit

  1,753   (1,031)  -   70   (69)  723 

Construction and other

  609   956   -   -   319   1,884 

Consumer installment

  84   197   (61)  79   (71)  228 

Total

 $14,438  $5,382  $(275) $172  $874  $20,591 
Financing Receivable Credit Quality Indicators [Table Text Block]

June 30, 2024

 

Term Loans Amortized Cost Basis by Origination Year

  

Revolving Amortized

     

(Dollar amounts in thousands)

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Cost Basis

  

Total

 

Commercial real estate:

                                

Owner occupied

                                

Pass

 $5,523  $20,753  $30,965  $38,412  $25,592  $50,059  $2,407  $173,711 

Special Mention

  -   -   -   402   -   789   -   1,191 

Substandard

  -   -   4,562   -   -   3,345   -   7,907 

Total Owner occupied

 $5,523  $20,753  $35,527  $38,814  $25,592  $54,193  $2,407  $182,809 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Non-owner occupied

                                

Pass

 $5,480  $43,873  $91,055  $40,339  $20,833  $142,187  $179  $343,946 

Special Mention

  -   -   2,508   -   -   2,129   -   4,637 

Substandard

  -   -   3,991   639   -   32,435   -   37,065 

Total Non-owner occupied

 $5,480  $43,873  $97,554  $40,978  $20,833  $176,751  $179  $385,648 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Multifamily

                                

Pass

 $2,766  $28,897  $25,488  $7,545  $10,256  $11,953  $46  $86,951 

Total Multifamily

 $2,766  $28,897  $25,488  $7,545  $10,256  $11,953  $46  $86,951 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Residential real estate

                                

Pass

 $20,935  $49,734  $55,009  $76,884  $37,503  $94,586  $885  $335,536 

Substandard

  -   -   121   107   -   1,357   -   1,585 

Total Residential real estate

 $20,935  $49,734  $55,130  $76,991  $37,503  $95,943  $885  $337,121 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Commercial and industrial

                                

Pass

 $22,184  $42,175  $37,492  $15,639  $22,547  $6,558  $70,309  $216,904 

Special Mention

  -   -   -   -   -   -   792   792 

Substandard

  214   5,011   1,013   -   336   105   10,331   17,010 

Loss

  -   -   -   -   -   (4)  -   (4)

Total Commercial and industrial

 $22,398  $47,186  $38,505  $15,639  $22,883  $6,659  $81,432  $234,702 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Home equity lines of credit

                                

Pass

 $-  $-  $155  $-  $42  $2,016  $127,192  $129,405 

Substandard

  -   -   100   -   35   756   751   1,642 

Total Home equity lines of credit

 $-  $-  $255  $-  $77  $2,772  $127,943  $131,047 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $7  $-  $7 

Construction and other

                                

Pass

 $3,683  $69,283  $21,740  $15,868  $1,447  $1,668  $10,487  $124,176 

Special Mention

  -   -   848   2,332   -   243   -   3,423 

Substandard

  -   -   2,710   420   -   1,271   530   4,931 

Total Construction and other

 $3,683  $69,283  $25,298  $18,620  $1,447  $3,182  $11,017  $132,530 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Consumer installment

                                

Pass

 $912  $1,399  $855  $177  $58  $3,310  $-  $6,711 

Substandard

  -   -   4   -   -   181   -   185 

Total Consumer installment

 $912  $1,399  $859  $177  $58  $3,491  $-  $6,896 

Current-period gross charge-offs

 $-  $-  $-  $6  $-  $-  $-  $6 

Total Loans

 $61,697  $261,125  $278,616  $198,764  $118,649  $354,944  $223,909  $1,497,704 
                                 

Pass

 $61,483  $256,114  $262,759  $194,864  $118,278  $312,337  $211,505  $1,417,340 

Special Mention

  -   -   3,356   2,734   -   3,161   792   10,043 

Substandard

  214   5,011   12,501   1,166   371   39,450   11,612   70,325 

Loss

  -   -   -   -   -   (4)  -   (4)

Total Loans

 $61,697  $261,125  $278,616  $198,764  $118,649  $354,944  $223,909  $1,497,704 

December 31, 2023

 

Term Loans Amortized Cost Basis by Origination Year

  

Revolving Amortized

     

(Dollar amounts in thousands)

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Cost Basis

  

Total

 

Commercial real estate:

                                

Owner occupied

                                

Pass

 $14,634  $34,850  $41,609  $25,040  $12,304  $41,976  $2,662  $173,075 

Special Mention

  -   2,271   -   -   13   799   -   3,083 

Substandard

  -   2,356   -   1,559   146   3,326   -   7,387 

Total Owner occupied

 $14,634  $39,477  $41,609  $26,599  $12,463  $46,101  $2,662  $183,545 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $46  $-  $46 

Non-owner occupied

                                

Pass

 $43,393  $95,098  $40,959  $22,707  $32,405  $127,469  $504  $362,535 

Special Mention

  -   2,508   -   -   -   2,197   -   4,705 

Substandard

  -   -   -   -   5,237   24,569   -   29,806 

Doubtful

  -   -   647   -   3,887   -   -   4,534 

Total Non-owner occupied

 $43,393  $97,606  $41,606  $22,707  $41,529  $154,235  $504  $401,580 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Multifamily

                                

Pass

 $29,218  $25,776  $4,267  $10,453  $1,391  $11,231  $104  $82,440 

Substandard

  -   -   -   -   -   66   -   66 

Total Multifamily

 $29,218  $25,776  $4,267  $10,453  $1,391  $11,297  $104  $82,506 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Residential real estate

                                

Pass

 $50,086  $56,180  $78,909  $39,476  $19,418  $82,441  $672  $327,182 

Substandard

  -   127   210   -   24   1,311   -   1,672 

Total Residential real estate

 $50,086  $56,307  $79,119  $39,476  $19,442  $83,752  $672  $328,854 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $108  $-  $108 

Commercial and industrial

                                

Pass

 $46,918  $43,494  $17,909  $25,143  $2,741  $6,533  $66,842  $209,580 

Special Mention

  -   -   -   -   -   -   184   184 

Substandard

  13   15   -   353   124   876   10,367   11,748 

Loss

  -   -   -   -   -   (4)  -   (4)

Total Commercial and industrial

 $46,931  $43,509  $17,909  $25,496  $2,865  $7,405  $77,393  $221,508 

Current-period gross charge-offs

 $-  $-  $75  $-  $6  $4  $-  $85 

Home equity lines of credit

                                

Pass

 $-  $126  $-  $16  $63  $2,097  $124,001  $126,303 

Substandard

  -   105   -   36   29   583   762   1,515 

Total Home equity lines of credit

 $-  $231  $-  $52  $92  $2,680  $124,763  $127,818 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Construction and other

                                

Pass

 $55,528  $23,059  $20,246  $1,777  $5,609  $851  $9,152  $116,222 

Special Mention

  -   3,573   2,371   -   265   -   -   6,209 

Substandard

  -   -   420   -   1,770   -   484   2,674 

Total Construction and other

 $55,528  $26,632  $23,037  $1,777  $7,644  $851  $9,636  $125,105 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Consumer installment

                                

Pass

 $1,810  $1,088  $324  $89  $74  $3,669  $-  $7,054 

Substandard

  -   7   -   -   -   153   -   160 

Total Consumer installment

 $1,810  $1,095  $324  $89  $74  $3,822  $-  $7,214 

Current-period gross charge-offs

 $-  $25  $-  $-  $-  $38  $-  $63 

Total Loans

 $241,600  $290,633  $207,871  $126,649  $85,500  $310,143  $215,734  $1,478,130 
                                 

Pass

 $241,587  $279,671  $204,223  $124,701  $74,005  $276,267  $203,937  $1,404,391 

Special Mention

  -   8,352   2,371   -   278   2,996   184   14,181 

Substandard

  13   2,610   630   1,948   7,330   30,884   11,613   55,028 

Doubtful

  -   -   647   -   3,887   -   -   4,534 

Loss

  -   -   -   -   -   (4)  -   (4)

Total Loans

 $241,600  $290,633  $207,871  $126,649  $85,500  $310,143  $215,734  $1,478,130 
Schedule of Collateral Dependent Loans [Table Text Block]
  

June 30, 2024

 
  

Type of Collateral

 

(Dollar amounts in thousands)

 

Real Estate

  

Blanket Lien

  

Investment/Cash

  

Other

  

Total

 

Commercial real estate:

                    

Owner occupied

 $4,562  $-  $-  $-  $4,562 

Non-owner occupied

  5,878   -   -   8,040   13,918 

Commercial and industrial

  -   14,948   -   1,213   16,161 

Construction and other

  2,710   -   -   -   2,710 

Total

 $13,150  $14,948  $-  $9,253  $37,351 

 

  

December 31, 2023

 
  

Type of Collateral

 

(Dollar amounts in thousands)

 

Real Estate

  

Blanket Lien

  

Investment/Cash

  

Other

  

Total

 

Commercial real estate:

                    

Non-owner occupied

 $8,150  $-  $-  $-  $8,150 

Total

 $8,150  $-  $-  $-  $8,150 
Financing Receivable, Past Due [Table Text Block]
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

June 30, 2024

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 
                         

Commercial real estate:

                        

Owner occupied

 $182,350  $353  $-  $106  $459  $182,809 

Non-owner occupied

  376,655   1,385   -   7,608   8,993   385,648 

Multifamily

  86,951   -   -   -   -   86,951 

Residential real estate

  333,303   2,507   1,181   130   3,818   337,121 

Commercial and industrial

  233,390   252   655   405   1,312   234,702 

Home equity lines of credit

  130,238   198   100   511   809   131,047 

Construction and other

  132,530   -   -   -   -   132,530 

Consumer installment

  6,864   32   -   -   32   6,896 

Total

 $1,482,281  $4,727  $1,936  $8,760  $15,423  $1,497,704 
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

December 31, 2023

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 
                         

Commercial real estate:

                        

Owner occupied

 $183,242  $197  $-  $106  $303  $183,545 

Non-owner occupied

  397,964   3,616   -   -   3,616   401,580 

Multifamily

  82,440   -   -   66   66   82,506 

Residential real estate

  326,224   1,366   1,010   254   2,630   328,854 

Commercial and industrial

  221,304   -   146   58   204   221,508 

Home equity lines of credit

  126,894   447   180   297   924   127,818 

Construction and other

  125,040   65   -   -   65   125,105 

Consumer installment

  7,138   69   -   7   76   7,214 

Total

 $1,470,246  $5,760  $1,336  $788  $7,884  $1,478,130 
Financing Receivable, Nonaccrual [Table Text Block]
  

June 30, 2024

 
  

Nonaccrual

  

Nonaccrual

      

Loans Past

     

(Dollar amounts in thousands)

 

with no

  

with

  

Total

  

Due Over 90 Days

  

Total

 
  

ACL

  

ACL

  

Nonaccrual

  

Still Accruing

  

Nonperforming

 

Commercial real estate:

                    

Owner occupied

 $-  $238  $238  $-  $238 

Non-owner occupied

  8,416   3,616   12,032   -   12,032 

Multifamily

  -   -   -   -   - 

Residential real estate

  -   1,173   1,173   -   1,173 

Commercial and industrial

  345   879   1,224   -   1,224 

Home equity lines of credit

  -   1,013   1,013   96   1,109 

Consumer installment

  181   4   185   -   185 

Total

 $8,942  $6,923  $15,865  $96  $15,961 
  

December 31, 2023

 
  

Nonaccrual

  

Nonaccrual

      

Loans Past

     

(Dollar amounts in thousands)

 

with no

  

with

  

Total

  

Due Over 90 Days

  

Total

 
  

ACL

  

ACL

  

Nonaccrual

  

Still Accruing

  

Nonperforming

 

Commercial real estate:

                    

Owner occupied

 $-  $252  $252  $-  $252 

Non-owner occupied

  4,534   3,616   8,150   -   8,150 

Multifamily

  -   66   66   -   66 

Residential real estate

  -   1,170   1,170   -   1,170 

Commercial and industrial

  -   223   223   -   223 

Home equity lines of credit

  -   856   856   -   856 

Consumer installment

  153   7   160   -   160 

Total

 $4,687  $6,190  $10,877  $-  $10,877 
Financing Receivable, Modified [Table Text Block]
  

June 30, 2024

 
  

Modifications

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 
  

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  

Investment

 
                             

Commercial real estate:

                            

Non-owner occupied

 $-  $14,854  $2,507  $-  $-  $17,361   1.2%

Construction and other

  -   2,221   -   -   -   2,221   0.1%

Total

 $-  $17,075  $2,507  $-  $-  $19,582   1.3%
  

June 30, 2023

 
  

Modifications

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 
  

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  

Investment

 
                             

Commercial real estate:

                            

Non-owner occupied

 $-  $14,924  $2,507  $-  $-  $17,431   1.3%

Commercial and industrial

  -   86   -   -   -   86   0.0%

Total

 $-  $15,010  $2,507  $-  $-  $17,517   1.3%