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v3.23.2

Note 2 - Securities (Tables) | 6 Months Ended
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Jun. 30, 2023
Notes Tables |
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block] |
|  | June 30, 2023 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |  |  | Allowance for Credit Losses |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 12,472 |  |  | $ | — |  |  | $ | (1,229 | ) |  | $ | 11,243 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 103,238 |  |  |  | 62 |  |  |  | (13,257 | ) |  |  | 90,043 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 64,216 |  |  |  | 6 |  |  |  | (8,763 | ) |  |  | 55,459 |  |  |  | — |
Total securities available for sale |  | $ | 179,926 |  |  | $ | 68 |  |  | $ | (23,249 | ) |  | $ | 156,745 |  |  | $ | — |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 38,639 |  |  | $ | — |  |  | $ | (716 | ) |  | $ | 37,923 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 98,223 |  |  |  | — |  |  |  | (9,679 | ) |  |  | 88,544 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 11,959 |  |  |  | 28 |  |  |  | (1,098 | ) |  |  | 10,889 |  |  |  | — |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (507 | ) |  |  | 2,493 |  |  |  | (144 | )
Total securities held to maturity |  | $ | 151,821 |  |  | $ | 28 |  |  | $ | (12,000 | ) |  | $ | 139,849 |  |  | $ | (144 | )
Total securities |  | $ | 331,747 |  |  | $ | 96 |  |  | $ | (35,249 | ) |  | $ | 296,594 |  |  | $ | (144 | )
|  | December 31, 2022 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 12,468 |  |  | $ | — |  |  | $ | (1,239 | ) |  | $ | 11,229 |
U.S. agency and mortgage-backed securities |  |  | 109,972 |  |  |  | 95 |  |  |  | (13,149 | ) |  |  | 96,918 |
Obligations of states and political subdivisions |  |  | 64,386 |  |  |  | 4 |  |  |  | (9,630 | ) |  |  | 54,760 |
Total securities available for sale |  | $ | 186,826 |  |  | $ | 99 |  |  | $ | (24,018 | ) |  | $ | 162,907 |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 38,211 |  |  | $ | — |  |  | $ | (568 | ) |  | $ | 37,643 |
U.S. agency and mortgage-backed securities |  |  | 99,374 |  |  |  | — |  |  |  | (9,189 | ) |  |  | 90,185 |
Obligations of states and political subdivisions |  |  | 12,573 |  |  |  | — |  |  |  | (1,252 | ) |  |  | 11,321 |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (352 | ) |  |  | 2,648 |
Total securities held to maturity |  | $ | 153,158 |  |  | $ | — |  |  | $ | (11,361 | ) |  | $ | 141,797 |
Total securities |  | $ | 339,984 |  |  | $ | 99 |  |  | $ | (35,379 | ) |  | $ | 304,704 |
Schedule of Temporary Impairment Losses, Investments [Table Text Block] |
|  | June 30, 2023 |
|  | 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 |  | $ | — |  |  | $ | — |  |  | $ | 11,243 |  |  | $ | (1,229 | ) |  | $ | 11,243 |  |  | $ | (1,229 | )
U.S. agency and mortgage-backed securities |  |  | 3,173 |  |  |  | (49 | ) |  |  | 81,908 |  |  |  | (13,208 | ) |  |  | 85,081 |  |  |  | (13,257 | )
Obligations of states and political subdivisions |  |  | 8,519 |  |  |  | (193 | ) |  |  | 44,224 |  |  |  | (8,570 | ) |  |  | 52,743 |  |  |  | (8,763 | )
Total securities available for sale |  | $ | 11,692 |  |  | $ | (242 | ) |  | $ | 137,375 |  |  | $ | (23,007 | ) |  | $ | 149,067 |  |  | $ | (23,249 | )
|  | December 31, 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 |  | $ | 9,041 |  |  | $ | (932 | ) |  | $ | 2,188 |  |  | $ | (307 | ) |  | $ | 11,229 |  |  | $ | (1,239 | )
U.S. agency and mortgage-backed securities |  |  | 27,282 |  |  |  | (1,945 | ) |  |  | 62,342 |  |  |  | (11,204 | ) |  |  | 89,624 |  |  |  | (13,149 | )
Obligations of states and political subdivisions |  |  | 24,689 |  |  |  | (2,581 | ) |  |  | 26,362 |  |  |  | (7,049 | ) |  |  | 51,051 |  |  |  | (9,630 | )
Total securities available for sale |  | $ | 61,012 |  |  | $ | (5,458 | ) |  | $ | 90,892 |  |  | $ | (18,560 | ) |  | $ | 151,904 |  |  | $ | (24,018 | )
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 19,302 |  |  | $ | (258 | ) |  | $ | 18,342 |  |  | $ | (310 | ) |  | $ | 37,644 |  |  | $ | (568 | )
U.S. agency and mortgage-backed securities |  |  | 58,019 |  |  |  | (6,848 | ) |  |  | 32,167 |  |  |  | (2,341 | ) |  |  | 90,186 |  |  |  | (9,189 | )
Obligations of states and political subdivisions |  |  | 8,648 |  |  |  | (1,008 | ) |  |  | 2,672 |  |  |  | (244 | ) |  |  | 11,320 |  |  |  | (1,252 | )
Corporate debt securities |  |  | 2,648 |  |  |  | (352 | ) |  |  | — |  |  |  | — |  |  |  | 2,648 |  |  |  | (352 | )
Total securities held to maturity |  | $ | 88,617 |  |  | $ | (8,466 | ) |  | $ | 53,181 |  |  | $ | (2,895 | ) |  | $ | 141,798 |  |  | $ | (11,361 | )
Total securities |  | $ | 149,629 |  |  | $ | (13,924 | ) |  | $ | 144,073 |  |  | $ | (21,455 | ) |  | $ | 293,702 |  |  | $ | (35,379 | )
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 |  | $ | 500 |  |  | $ | 500 |  |  | $ | 20,393 |  |  | $ | 20,133 |
Due after one year through five years |  |  | 23,565 |  |  |  | 21,827 |  |  |  | 29,480 |  |  |  | 28,258 |
Due after five years through ten years |  |  | 37,101 |  |  |  | 33,679 |  |  |  | 23,979 |  |  |  | 21,574 |
Due after ten years |  |  | 118,760 |  |  |  | 100,739 |  |  |  | 77,969 |  |  |  | 69,884 |
|  | $ | 179,926 |  |  | $ | 156,745 |  |  | $ | 151,821 |  |  | $ | 139,849 |
Marketable Securities [Table Text Block] |
|  | June 30, 2023 |  |  | December 31, 2022 |
Federal Home Loan Bank stock |  | $ | 691 |  |  | $ | 796 |
Federal Reserve Bank stock |  |  | 980 |  |  |  | 980 |
Community Bankers’ Bank stock |  |  | 132 |  |  |  | 132 |
|  | $ | 1,803 |  |  | $ | 1,908 |
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block] |
|  | U.S. Treasury securities |  |  | U.S. agency and mortgage-backed securities |  |  | Obligations of states and political subdivisions |  |  | Corporate debt securities |  |  | Total Held to Maturity Securities |
June 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aaa |  | $ | 38,639 |  |  | $ | 22,819 |  |  | $ | 3,116 |  |  | $ | — |  |  | $ | 64,574 |
Aa1 / Aa2 / Aa3 |  |  | — |  |  |  | — |  |  |  | 8,843 |  |  |  | — |  |  |  | 8,843 |
Baa1 / Baa2 / Baa3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,000 |  |  |  | 3,000 |
Not rated - Agency (1) |  |  | — |  |  |  | 75,404 |  |  |  | — |  |  |  | — |  |  |  | 75,404 |
Total |  | $ | 38,639 |  |  | $ | 98,223 |  |  | $ | 11,959 |  |  | $ | 3,000 |  |  | $ | 151,821 |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aaa |  | $ | 38,211 |  |  | $ | 22,706 |  |  | $ | 3,126 |  |  | $ | — |  |  | $ | 64,043 |
Aa1 / Aa2 / Aa3 |  |  | — |  |  |  | — |  |  |  | 9,447 |  |  |  | — |  |  |  | 9,447 |
Baa1 / Baa2 / Baa3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,000 |  |  |  | 3,000 |
Not rated - Agency (1) |  |  | — |  |  |  | 76,668 |  |  |  | — |  |  |  | — |  |  |  | 76,668 |
Total |  | $ | 38,211 |  |  | $ | 99,374 |  |  | $ | 12,573 |  |  | $ | 3,000 |  |  | $ | 153,158 |
________________________________________
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block] |
|  | U.S. Treasury securities |  |  | U.S. agency and mortgage-backed securities |  |  | Obligations of states and political subdivisions |  |  | Corporate debt securities |  |  | Total Held to Maturity Securities |
Balance, December 31, 2022 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Adjustment for adoption of ASU 2016-13 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 134 |  |  |  | 134 |
Provision for credit losses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10 |  |  |  | 10 |
Charge-offs of securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance, June 30, 2023 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 144 |  |  | $ | 144 |

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