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Note 3 - Loans (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

		March 31, 2023				December 31, 2022
Real estate loans:
Construction and land development		$	48,610			$	51,840
Secured by 1-4 family residential			334,302				331,421
Other real estate loans			416,001				418,456
Commercial and industrial loans			110,937				111,225
Consumer and other loans			8,117				7,581
Total loans		$	917,967			$	920,523
Allowance for credit losses			(8,717	)			(7,446	)
Loans, net		$	909,250			$	913,077

Financing Receivable, Purchased with Credit Deterioration [Table Text Block]

		March 31, 2023				December 31, 2022
		Acquired Loans-				Acquired Loans-
		Non-Purchased				Non-Purchased
(Dollars in thousands)		Credit Deteriorated				Credit Deteriorated
Outstanding principal balance		$	178,664			$	187,017
Carrying amount
Real estate loans:
Construction and land development		$	9,876			$	9,823
Secured by 1-4 family residential			41,013				42,915
Other real estate loans			99,115				103,521
Commercial and industrial loans			22,737				24,661
Consumer and other loans			3,531				3,560
Total acquired loans		$	176,272			$	184,480

Financing Receivable, Past Due [Table Text Block]

		March 31, 2023
		30-59 Days Past Due				60-89 Days Past Due				> 90 Days Past Due				Total Past Due				Current				Total Loans				Non-accrual Loans				90 Days or More Past Due and Accruing
Real estate loans:
Construction and land development		$	427			$	—			$	1,003			$	1,430			$	47,180			$	48,610			$	1,044			$	—
Secured by 1-4 family residential			1,422				16				82				1,520				332,782				334,302				474				—
Other real estate loans			17				—				109				126				415,875				416,001				73				47
Commercial and industrial			5				16				—				21				110,916				110,937				—				—
Consumer and other loans			3				14				—				17				8,100				8,117				—				—
Total		$	1,874			$	46			$	1,194			$	3,114			$	914,853			$	917,967			$	1,591			$	47

		December 31, 2022
		30-59 Days Past Due				60-89 Days Past Due				> 90 Days Past Due				Total Past Due				Current				Total Loans				Non-accrual Loans				90 Days or More Past Due and Accruing
Real estate loans:
Construction and land development		$	115			$	20			$	1,045			$	1,180			$	50,660			$	51,840			$	1,045			$	—
Secured by 1-4 family residential			1,033				60				207				1,300				330,121				331,421				530				—
Other real estate loans			109				—				—				109				418,347				418,456				13				—
Commercial and industrial			31				130				1,085				1,246				109,979				111,225				1,085				—
Consumer and other loans			26				25				—				51				7,530				7,581				—				—
Total		$	1,314			$	235			$	2,337			$	3,886			$	916,637			$	920,523			$	2,673			$	—

Financing Receivable Credit Quality Indicators [Table Text Block]

		March 31, 2023
		Term Loans by Year of Origination
		2023				2022				2021				2020				2019				Prior				Revolving				Total
Construction and land development
Pass		$	627			$	3,598			$	8,074			$	2,695			$	2,327			$	3,863			$	26,382			$	47,566
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				1,044				—				1,044
Doubtful			—				—				—				—				—				—				—				—
Total Construction and land development		$	627			$	3,598			$	8,074			$	2,695			$	2,327			$	4,907			$	26,382			$	48,610
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Secured by 1-4 family residential
Pass		$	8,910			$	65,912			$	65,803			$	41,706			$	32,203			$	74,313			$	44,685			$	333,532
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				770				—				770
Doubtful			—				—				—				—				—				—				—				—
Total Secured by 1-4 family residential		$	8,910			$	65,912			$	65,803			$	41,706			$	32,203			$	75,083			$	44,685			$	334,302
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Other real estate loans
Pass		$	2,488			$	94,258			$	88,542			$	42,553			$	41,713			$	135,868			$	9,137			$	414,559
Special Mention			—				—				—				1,369				—				—				—				1,369
Substandard			—				—				—				—				—				73				—				73
Doubtful			—				—				—				—				—				—				—				—
Total Other real estate loans		$	2,488			$	94,258			$	88,542			$	43,922			$	41,713			$	135,941			$	9,137			$	416,001
Current period gross write-offs		$	—			$	—			$	—			$	—			$	—			$	—			$	—			$	—
Commercial and industrial
Pass		$	5,659			$	35,448			$	29,514			$	4,743			$	7,709			$	11,446			$	16,349			$	110,868
Special Mention			—				—				—				69				—				—				—				69
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total Commercial and industrial		$	5,659			$	35,448			$	29,514			$	4,812			$	7,709			$	11,446			$	16,349			$	110,937
Current period gross write-offs		$	—			$	—			$	—			$	623			$	—			$	228			$	—			$	851
Consumer and other loans
Pass		$	1,365			$	2,028			$	606			$	1,643			$	2,344			$	96			$	35			$	8,117
Special Mention			—				—				—				—				—				—				—				—
Substandard			—				—				—				—				—				—				—				—
Doubtful			—				—				—				—				—				—				—				—
Total Consumer and other loans		$	1,365			$	2,028			$	606			$	1,643			$	2,344			$	96			$	35			$	8,117
Current period gross write-offs		$	82			$	26			$	1			$	14			$	—			$	3			$	—			$	126

		December 31, 2022
		Pass				Special Mention				Substandard				Doubtful				Total
Real estate loans:
Construction and land development		$	50,795			$	—			$	1,045			$	—			$	51,840
Secured by 1-4 family residential			330,590				—				831				—				331,421
Other real estate loans			416,559				1,884				13				—				418,456
Commercial and industrial			110,065				75				1,085				—				111,225
Consumer and other loans			7,581				—				—				—				7,581
Total		$	915,590			$	1,959			$	2,974			$	—			$	920,523

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+ References

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