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v3.23.2

Note 3 - Loans (Tables) | 6 Months Ended
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Jun. 30, 2023
Notes Tables |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
|  | June 30, 2023 |  |  | December 31, 2022 |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 49,282 |  |  | $ | 51,840 |
Secured by 1-4 family residential |  |  | 337,601 |  |  |  | 331,421 |
Other real estate loans |  |  | 421,970 |  |  |  | 418,456 |
Commercial and industrial loans |  |  | 112,803 |  |  |  | 111,225 |
Consumer and other loans |  |  | 8,538 |  |  |  | 7,581 |
Total loans |  | $ | 930,194 |  |  | $ | 920,523 |
Allowance for credit losses |  |  | (8,858 | ) |  |  | (7,446 | )
Loans, net |  | $ | 921,336 |  |  | $ | 913,077 |
Financing Receivable, Purchased with Credit Deterioration [Table Text Block] |
|  | June 30, 2023 |  |  | December 31, 2022 |
|  | Acquired Loans- |  |  | Acquired Loans- |
|  | Non-Purchased |  |  | Non-Purchased |
(Dollars in thousands) |  | Credit Deteriorated |  |  | Credit Deteriorated |
Outstanding principal balance |  | $ | 173,473 |  |  | $ | 187,017 |
Carrying amount |  |  |  |  |  |  |  |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 9,378 |  |  | $ | 9,823 |
Secured by 1-4 family residential |  |  | 38,579 |  |  |  | 42,915 |
Other real estate loans |  |  | 98,013 |  |  |  | 103,521 |
Commercial and industrial loans |  |  | 21,918 |  |  |  | 24,661 |
Consumer and other loans |  |  | 3,496 |  |  |  | 3,560 |
Total acquired loans |  | $ | 171,384 |  |  | $ | 184,480 |
Financing Receivable, Past Due [Table Text Block] |
|  | June 30, 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 |  | $ | — |  |  | $ | — |  |  | $ | 40 |  |  | $ | 40 |  |  | $ | 49,242 |  |  | $ | 49,282 |  |  | $ | 40 |  |  | $ | — |
Secured by 1-4 family residential |  |  | 885 |  |  |  | 435 |  |  |  | 398 |  |  |  | 1,718 |  |  |  | 335,883 |  |  |  | 337,601 |  |  |  | 567 |  |  |  | 209 |
Other real estate loans |  |  | — |  |  |  | 393 |  |  |  | 62 |  |  |  | 455 |  |  |  | 421,515 |  |  |  | 421,970 |  |  |  | 70 |  |  |  | — |
Commercial and industrial |  |  | — |  |  |  | 55 |  |  |  | 16 |  |  |  | 71 |  |  |  | 112,732 |  |  |  | 112,803 |  |  |  | — |  |  |  | 16 |
Consumer and other loans |  |  | 11 |  |  |  | 10 |  |  |  | — |  |  |  | 21 |  |  |  | 8,517 |  |  |  | 8,538 |  |  |  | — |  |  |  | — |
Total |  | $ | 896 |  |  | $ | 893 |  |  | $ | 516 |  |  | $ | 2,305 |  |  | $ | 927,889 |  |  | $ | 930,194 |  |  | $ | 677 |  |  | $ | 225 |
|  | 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] |
|  | June 30, 2023 |  |  |  |  |  |  |  |  |
|  | Term Loans by Year of Origination |  |  |  |  |  |  |  |  |
|  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Revolving |  |  | Total |
Construction and land development |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 1,979 |  |  | $ | 3,950 |  |  | $ | 7,984 |  |  | $ | 2,815 |  |  | $ | 2,284 |  |  | $ | 3,619 |  |  | $ | 26,611 |  |  | $ | 49,242 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 40 |  |  |  | — |  |  |  | 40 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Construction and land development |  | $ | 1,979 |  |  | $ | 3,950 |  |  | $ | 7,984 |  |  | $ | 2,815 |  |  | $ | 2,284 |  |  | $ | 3,659 |  |  | $ | 26,611 |  |  | $ | 49,282 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Secured by 1-4 family residential |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 20,560 |  |  | $ | 78,141 |  |  | $ | 68,937 |  |  | $ | 43,463 |  |  | $ | 33,224 |  |  | $ | 81,944 |  |  | $ | 10,472 |  |  | $ | 336,741 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 860 |  |  |  | — |  |  |  | 860 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Secured by 1-4 family residential |  | $ | 20,560 |  |  | $ | 78,141 |  |  | $ | 68,937 |  |  | $ | 43,463 |  |  | $ | 33,224 |  |  | $ | 82,804 |  |  | $ | 10,472 |  |  | $ | 337,601 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 16,627 |  |  | $ | 93,364 |  |  | $ | 88,103 |  |  | $ | 41,775 |  |  | $ | 41,120 |  |  | $ | 129,584 |  |  | $ | 9,979 |  |  | $ | 420,552 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,356 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,356 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 62 |  |  |  | 62 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Other real estate loans |  | $ | 16,627 |  |  | $ | 93,364 |  |  | $ | 88,103 |  |  | $ | 43,131 |  |  | $ | 41,120 |  |  | $ | 129,584 |  |  | $ | 10,041 |  |  | $ | 421,970 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 10,471 |  |  | $ | 30,829 |  |  | $ | 27,940 |  |  | $ | 4,653 |  |  | $ | 7,426 |  |  | $ | 10,086 |  |  | $ | 19,992 |  |  | $ | 111,397 |
Special Mention |  |  | — |  |  |  | 1,398 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1,398 |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8 |  |  |  | — |  |  |  | 8 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Commercial and industrial |  | $ | 10,471 |  |  | $ | 32,227 |  |  | $ | 27,940 |  |  | $ | 4,653 |  |  | $ | 7,426 |  |  | $ | 10,094 |  |  | $ | 19,992 |  |  | $ | 112,803 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 624 |  |  | $ | — |  |  | $ | 253 |  |  | $ | — |  |  | $ | 877 |
Consumer and other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,343 |  |  | $ | 1,709 |  |  | $ | 499 |  |  | $ | 1,573 |  |  | $ | 2,272 |  |  | $ | 58 |  |  | $ | 84 |  |  | $ | 8,538 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Consumer and other loans |  | $ | 2,343 |  |  | $ | 1,709 |  |  | $ | 499 |  |  | $ | 1,573 |  |  | $ | 2,272 |  |  | $ | 58 |  |  | $ | 84 |  |  | $ | 8,538 |
Current period gross write-offs |  | $ | 158 |  |  | $ | 29 |  |  | $ | 1 |  |  | $ | 14 |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 208 |
|  | 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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