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Note 4 - Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

		June 30, 2023
		Construction and Land Development				Secured by 1-4 Family Residential				Other Real Estate				Commercial and Industrial				Consumer and Other Loans				Total
Allowance for credit losses:
Beginning Balance, December 31, 2022		$	546			$	1,108			$	3,609			$	1,874			$	309			$	7,446
Adjustment to allowance for adoption of ASU 2016-13			(313	)			1,409				1,702				(387	)			(225	)			2,186
Charge-offs			—				—				—				(877	)			(208	)			(1,085	)
Recoveries			1				9				13				144				99				266
Provision for (recovery of) credit losses			68				77				(80	)			(137	)			117				45
Ending Balance, June 30, 2023		$	302			$	2,603			$	5,244			$	617			$	92			$	8,858
Ending Balance:
Individually evaluated			—				—				—				—				—				—
Collectively evaluated			302				2,603				5,244				617				92				8,858
Loans:
Ending Balance		$	49,282			$	337,601			$	421,970			$	112,803			$	8,538			$	930,194
Individually evaluated			40				567				70				—				—				677
Collectively evaluated			49,242				337,034				421,900				112,803				8,538				929,517

		December 31, 2022
		Construction and Land Development				Secured by 1-4 Family Residential				Other Real Estate				Commercial and Industrial				Consumer and Other Loans				Total
Allowance for loan losses:
Beginning Balance, December 31, 2021		$	345			$	1,077			$	3,230			$	718			$	340			$	5,710
Charge-offs			—				(6	)			—				(32	)			(491	)			(529	)
Recoveries			10				19				15				145				226				415
Provision for (recovery of) loan losses			191				18				364				1,043				234				1,850
Ending Balance, December 31, 2022		$	546			$	1,108			$	3,609			$	1,874			$	309			$	7,446
Ending Balance:
Individually evaluated for impairment			—				—				—				888				—				888
Collectively evaluated for impairment			546				1,108				3,609				986				309				6,558
Loans:
Ending Balance		$	51,840			$	331,421			$	418,456			$	111,225			$	7,581			$	920,523
Individually evaluated for impairment			1,045				530				13				1,085				—				2,673
Collectively evaluated for impairment			50,795				330,891				418,443				110,140				7,581				917,850

		June 30, 2022
		Construction and Land Development				Secured by 1-4 Family Residential				Other Real Estate				Commercial and Industrial				Consumer and Other Loans				Total
Allowance for loan losses:
Beginning Balance, December 31, 2021		$	345			$	1,077			$	3,230			$	718			$	340			$	5,710
Charge-offs			—				(5	)			—				(8	)			(200	)			(213	)
Recoveries			7				10				4				146				138				305
(Recovery of) provision for loan losses			(9	)			(40	)			334				20				95				400
Ending Balance, June 30, 2022		$	343			$	1,042			$	3,568			$	876			$	373			$	6,202
Ending Balance:
Individually evaluated for impairment			—				—				—				—				—				—
Collectively evaluated for impairment			343				1,042				3,568				876				373				6,202
Loans:
Ending Balance		$	49,118			$	312,083			$	401,037			$	109,548			$	8,303			$	880,089
Individually evaluated for impairment			—				420				22				—				—				442
Collectively evaluated for impairment			49,118				311,663				401,015				109,548				8,303				879,647

Financing Receivable, Nonaccrual [Table Text Block]

		CECL												Incurred Loss
		June 30, 2023												December 31, 2022
		Nonaccrual Loans with No Allowance				Nonaccrual loans with an Allowance				Total Nonaccrual Loans				Nonaccrual Loans
Real estate loans:
Construction and land development		$	40			$	—			$	40			$	1,045
Secured by 1-4 family residential			567				—				567				530
Other real estate loans			70				—				70				13
Commercial and industrial			—				—				—				1,085
Total		$	677			$	—			$	677			$	2,673

Impaired Financing Receivables [Table Text Block]

		December 31, 2022
		Unpaid Principal Balance				Recorded Investment with No Allowance				Recorded Investment with Allowance				Total Recorded Investment				Related Allowance				Average Recorded Investment				Interest Income Recognized
Real estate loans:
Construction and land development		$	2,412			$	1,045			$	—			$	1,045			$	—			$	30			$	75
Secured by 1-4 family residential			680				530				—				530				—				580				11
Other real estate loans			26				13				—				13				—				22				—
Commercial and industrial			1,084				—				1,085				1,085				888				650				40
Total		$	4,202			$	1,588			$	1,085			$	2,673			$	888			$	1,282			$	126

		June 30, 2022
		Unpaid Principal Balance				Recorded Investment with No Allowance				Recorded Investment with Allowance				Total Recorded Investment				Related Allowance				Average Recorded Investment				Interest Income Recognized
Real estate loans:
Secured by 1-4 family residential		$	552			$	420			$	—			$	420			$	—			$	650			$	—
Other real estate loans			34				22				—				22				—				26				—
Commercial and industrial			—				—				—				—				—				1,241				—
Total		$	586			$	442			$	—			$	442			$	—			$	1,917			$	—

Financing Receivable, Collateral Dependent Loans [Table Text Block]

		June 30, 2023
(Dollars in thousands)		Real Estate Secured				Non-Real Estate Secured				Total Collateral-Dependent Loans
Real estate loans:
Construction and land development		$	40			$	—			$	40
Secured by 1-4 family residential			567				—				567
Other real estate loans			70				—				70
Total		$	677			$	—			$	677

Financing Receivable, Modified [Table Text Block]

		Term Extension
(Dollars in thousands)		Amortized Cost Basis				% of Total Loan Type			Financial Effect
Real estate loans:
Construction and land development		$	—				0.00	%
Secured by 1-4 family residential			70				0.02	%	Converted HELOC to 15 year term loan.
Other real estate loans			—				0.00	%
Commercial and industrial			—				0.00	%
Total		$	70				0.02	%

		Principal Forgiveness
(Dollars in thousands)		Amortized Cost Basis				% of Total Loan Type			Financial Effect
Real estate loans:
Construction and land development		$	—				0.00	%
Secured by 1-4 family residential			18				0.01	%	Reduced the amortized cost basis of the loan by $29 thousand.
Other real estate loans			—				0.00	%
Commercial and industrial			—				0.00	%
Total		$	18				0.01	%

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-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 326
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-Name Accounting Standards Codification
-Section 50
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-16

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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 310
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-Section 55
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