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v3.22.2.2

Note 2 - Securities (Tables) | 9 Months Ended
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Sep. 30, 2022
Notes Tables |
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block] |
|  | September 30, 2022 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 19,953 |  |  | $ | — |  |  | $ | (2,422 | ) |  | $ | 17,531 |
U.S. agency and mortgage-backed securities |  |  | 122,190 |  |  |  | 113 |  |  |  | (16,000 | ) |  |  | 106,303 |
Obligations of states and political subdivisions |  |  | 64,472 |  |  |  | 20 |  |  |  | (11,923 | ) |  |  | 52,569 |
Total securities available for sale |  | $ | 206,615 |  |  | $ | 133 |  |  | $ | (30,345 | ) |  | $ | 176,403 |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 37,994 |  |  | $ | — |  |  | $ | (638 | ) |  | $ | 37,356 |
U.S. agency and mortgage-backed securities |  |  | 101,321 |  |  |  | — |  |  |  | (9,351 | ) |  |  | 91,970 |
Obligations of states and political subdivisions |  |  | 12,579 |  |  |  | — |  |  |  | (1,701 | ) |  |  | 10,878 |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (284 | ) |  |  | 2,716 |
Total securities held to maturity |  | $ | 154,894 |  |  | $ | — |  |  | $ | (11,974 | ) |  | $ | 142,920 |
Total securities |  | $ | 361,509 |  |  | $ | 133 |  |  | $ | (42,319 | ) |  | $ | 319,323 |
|  | December 31, 2021 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 39,871 |  |  | $ | 37 |  |  | $ | (250 | ) |  | $ | 39,658 |
U.S. agency and mortgage-backed securities |  |  | 177,131 |  |  |  | 1,085 |  |  |  | (1,837 | ) |  |  | 176,379 |
Obligations of states and political subdivisions |  |  | 71,037 |  |  |  | 910 |  |  |  | (509 | ) |  |  | 71,438 |
Corporate debt securities |  |  | 2,019 |  |  |  | 1 |  |  |  | — |  |  |  | 2,020 |
Total securities available for sale |  | $ | 290,058 |  |  | $ | 2,033 |  |  | $ | (2,596 | ) |  | $ | 289,495 |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. agency and mortgage-backed securities |  | $ | 26,392 |  |  | $ | 124 |  |  | $ | (53 | ) |  | $ | 26,463 |
Obligations of states and political subdivisions |  |  | 7,049 |  |  |  | 118 |  |  |  | (13 | ) |  |  | 7,154 |
Total securities held to maturity |  | $ | 33,441 |  |  | $ | 242 |  |  | $ | (66 | ) |  | $ | 33,617 |
Total securities |  | $ | 323,499 |  |  | $ | 2,275 |  |  | $ | (2,662 | ) |  | $ | 323,112 |
Schedule of Temporary Impairment Losses, Investments [Table Text Block] |
|  | September 30, 2022 |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
|  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 17,531 |  |  | $ | (2,422 | ) |  | $ | — |  |  | $ | — |  |  | $ | 17,531 |  |  | $ | (2,422 | )
U.S. agency and mortgage-backed securities |  |  | 33,107 |  |  |  | (2,596 | ) |  |  | 64,184 |  |  |  | (13,404 | ) |  |  | 97,291 |  |  |  | (16,000 | )
Obligations of states and political subdivisions |  |  | 33,128 |  |  |  | (6,055 | ) |  |  | 17,036 |  |  |  | (5,868 | ) |  |  | 50,164 |  |  |  | (11,923 | )
Total securities available for sale |  | $ | 83,766 |  |  | $ | (11,073 | ) |  | $ | 81,220 |  |  | $ | (19,272 | ) |  | $ | 164,986 |  |  | $ | (30,345 | )
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 28,517 |  |  | $ | (395 | ) |  | $ | 8,839 |  |  | $ | (243 | ) |  | $ | 37,356 |  |  | $ | (638 | )
U.S. agency and mortgage-backed securities |  |  | 68,723 |  |  |  | (6,595 | ) |  |  | 18,242 |  |  |  | (2,756 | ) |  |  | 86,965 |  |  |  | (9,351 | )
Obligations of states and political subdivisions |  |  | 9,104 |  |  |  | (1,576 | ) |  |  | 1,774 |  |  |  | (125 | ) |  |  | 10,878 |  |  |  | (1,701 | )
Corporate debt securities |  |  | 2,716 |  |  |  | (284 | ) |  |  | — |  |  |  | — |  |  |  | 2,716 |  |  |  | (284 | )
Total securities held to maturity |  | $ | 109,060 |  |  | $ | (8,850 | ) |  | $ | 28,855 |  |  | $ | (3,124 | ) |  | $ | 137,915 |  |  | $ | (11,974 | )
Total securities |  | $ | 192,826 |  |  | $ | (19,923 | ) |  | $ | 110,075 |  |  | $ | (22,396 | ) |  | $ | 302,901 |  |  | $ | (42,319 | )
|  | December 31, 2021 |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
|  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 29,656 |  |  | $ | (250 | ) |  | $ | — |  |  | $ | — |  |  | $ | 29,656 |  |  | $ | (250 | )
U.S. agency and mortgage-backed securities |  |  | 109,950 |  |  |  | (1,335 | ) |  |  | 14,749 |  |  |  | (502 | ) |  |  | 124,699 |  |  |  | (1,837 | )
Obligations of states and political subdivisions |  |  | 34,611 |  |  |  | (500 | ) |  |  | 1,009 |  |  |  | (9 | ) |  |  | 35,620 |  |  |  | (509 | )
Total securities available for sale |  | $ | 174,217 |  |  | $ | (2,085 | ) |  | $ | 15,758 |  |  | $ | (511 | ) |  | $ | 189,975 |  |  | $ | (2,596 | )
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. agency and mortgage-backed securities |  | $ | 5,411 |  |  | $ | (53 | ) |  | $ | — |  |  | $ | — |  |  | $ | 5,411 |  |  | $ | (53 | )
Obligations of states and political subdivisions |  |  | 999 |  |  |  | (13 | ) |  |  | — |  |  |  | — |  |  |  | 999 |  |  |  | (13 | )
Total securities held to maturity |  | $ | 6,410 |  |  | $ | (66 | ) |  | $ | — |  |  | $ | — |  |  | $ | 6,410 |  |  | $ | (66 | )
Total securities |  | $ | 180,627 |  |  | $ | (2,151 | ) |  | $ | 15,758 |  |  | $ | (511 | ) |  | $ | 196,385 |  |  | $ | (2,662 | )
Investments Classified by Contractual Maturity Date [Table Text Block] |
|  | Available for Sale |  |  | Held to Maturity |
|  | Amortized Cost |  |  | Fair Value |  |  | Amortized Cost |  |  | Fair Value |
Due within one year |  | $ | - |  |  | $ | - |  |  | $ | 907 |  |  | $ | 902 |
Due after one year through five years |  |  | 17,612 |  |  |  | 16,341 |  |  |  | 44,214 |  |  |  | 43,113 |
Due after five years through ten years |  |  | 53,590 |  |  |  | 48,051 |  |  |  | 27,267 |  |  |  | 24,698 |
Due after ten years |  |  | 135,413 |  |  |  | 112,011 |  |  |  | 82,506 |  |  |  | 74,207 |
|  | $ | 206,615 |  |  | $ | 176,403 |  |  | $ | 154,894 |  |  | $ | 142,920 |
Marketable Securities [Table Text Block] |
|  | September 30, 2022 |  |  | December 31, 2021 |
Federal Home Loan Bank stock |  | $ | 796 |  |  | $ | 701 |
Federal Reserve Bank stock |  |  | 980 |  |  |  | 980 |
Community Bankers’ Bank stock |  |  | 132 |  |  |  | 132 |
|  | $ | 1,908 |  |  | $ | 1,813 |

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- Definition Tabular disclosure of investments in an unrealized loss position for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), including: (a) the aggregate related fair value of investments with unrealized losses, (b) the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563 + Details
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