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v3.23.3

Note 3 - Loans (Tables) | 9 Months Ended
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Sep. 30, 2023
Notes Tables |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] |
|  | September 30, 2023 |  |  | December 31, 2022 |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 50,405 |  |  | $ | 51,840 |
Secured by 1-4 family residential |  |  | 340,773 |  |  |  | 331,421 |
Other real estate loans |  |  | 433,177 |  |  |  | 418,456 |
Commercial and industrial loans |  |  | 117,130 |  |  |  | 111,225 |
Consumer and other loans |  |  | 11,014 |  |  |  | 7,581 |
Total loans |  | $ | 952,499 |  |  | $ | 920,523 |
Allowance for credit losses |  |  | (8,896 | ) |  |  | (7,446 | )
Loans, net |  | $ | 943,603 |  |  | $ | 913,077 |
Financing Receivable, Purchased with Credit Deterioration [Table Text Block] |
|  | September 30, 2023 |  |  | December 31, 2022 |
|  | Acquired Loans- |  |  | Acquired Loans- |
|  | Non-Purchased |  |  | Non-Purchased |
(Dollars in thousands) |  | Credit Deteriorated |  |  | Credit Deteriorated |
Outstanding principal balance |  | $ | 166,349 |  |  | $ | 187,017 |
Carrying amount |  |  |  |  |  |  |  |
Real estate loans: |  |  |  |  |  |  |  |
Construction and land development |  | $ | 8,450 |  |  | $ | 9,823 |
Secured by 1-4 family residential |  |  | 36,405 |  |  |  | 42,915 |
Other real estate loans |  |  | 95,313 |  |  |  | 103,521 |
Commercial and industrial loans |  |  | 20,681 |  |  |  | 24,661 |
Consumer and other loans |  |  | 3,472 |  |  |  | 3,560 |
Total acquired loans |  | $ | 164,321 |  |  | $ | 184,480 |
Financing Receivable, Past Due [Table Text Block] |
|  | September 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 |  | $ | — |  |  | $ | — |  |  | $ | 39 |  |  | $ | 39 |  |  | $ | 50,366 |  |  | $ | 50,405 |  |  | $ | 39 |  |  | $ | — |
Secured by 1-4 family residential |  |  | 1,242 |  |  |  | 58 |  |  |  | 534 |  |  |  | 1,834 |  |  |  | 338,939 |  |  |  | 340,773 |  |  |  | 546 |  |  |  | 368 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | 62 |  |  |  | 62 |  |  |  | 433,115 |  |  |  | 433,177 |  |  |  | 67 |  |  |  | — |
Commercial and industrial |  |  | 83 |  |  |  | — |  |  |  | — |  |  |  | 83 |  |  |  | 117,047 |  |  |  | 117,130 |  |  |  | 2,464 |  |  |  | — |
Consumer and other loans |  |  | 10 |  |  |  | 2 |  |  |  | 2 |  |  |  | 14 |  |  |  | 11,000 |  |  |  | 11,014 |  |  |  | — |  |  |  | 2 |
Total |  | $ | 1,335 |  |  | $ | 60 |  |  | $ | 637 |  |  | $ | 2,032 |  |  | $ | 950,467 |  |  | $ | 952,499 |  |  | $ | 3,116 |  |  | $ | 370 |
|  | 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] |
|  | September 30, 2023 |  |  |  |  |  |  |  |  |
|  | Term Loans by Year of Origination |  |  |  |  |  |  |  |  |
|  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Revolving |  |  | Total |
Construction and land development |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,625 |  |  | $ | 3,311 |  |  | $ | 7,824 |  |  | $ | 2,613 |  |  | $ | 2,127 |  |  | $ | 3,290 |  |  | $ | 28,576 |  |  | $ | 50,366 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 39 |  |  |  | — |  |  |  | 39 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Construction and land development |  | $ | 2,625 |  |  | $ | 3,311 |  |  | $ | 7,824 |  |  | $ | 2,613 |  |  | $ | 2,127 |  |  | $ | 3,329 |  |  | $ | 28,576 |  |  | $ | 50,405 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Secured by 1-4 family residential |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 32,461 |  |  | $ | 78,044 |  |  | $ | 65,455 |  |  | $ | 42,454 |  |  | $ | 33,258 |  |  | $ | 78,826 |  |  | $ | 9,438 |  |  | $ | 339,936 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | 98 |  |  |  | 19 |  |  |  | — |  |  |  | — |  |  |  | 720 |  |  |  | — |  |  |  | 837 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Secured by 1-4 family residential |  | $ | 32,461 |  |  | $ | 78,142 |  |  | $ | 65,474 |  |  | $ | 42,454 |  |  | $ | 33,258 |  |  | $ | 79,546 |  |  | $ | 9,438 |  |  | $ | 340,773 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Other real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 34,365 |  |  | $ | 93,010 |  |  | $ | 87,799 |  |  | $ | 42,599 |  |  | $ | 40,686 |  |  | $ | 123,320 |  |  | $ | 11,331 |  |  | $ | 433,110 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 67 |  |  |  | 67 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Other real estate loans |  | $ | 34,365 |  |  | $ | 93,010 |  |  | $ | 87,799 |  |  | $ | 42,599 |  |  | $ | 40,686 |  |  | $ | 123,320 |  |  | $ | 11,398 |  |  | $ | 433,177 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial and industrial |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 21,279 |  |  | $ | 30,216 |  |  | $ | 25,491 |  |  | $ | 4,373 |  |  | $ | 5,135 |  |  | $ | 8,729 |  |  | $ | 18,050 |  |  | $ | 113,273 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | 2,870 |  |  |  | — |  |  |  | 100 |  |  |  | — |  |  |  | 887 |  |  |  | — |  |  |  | 3,857 |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Commercial and industrial |  | $ | 21,279 |  |  | $ | 33,086 |  |  | $ | 25,491 |  |  | $ | 4,473 |  |  | $ | 5,135 |  |  | $ | 9,616 |  |  | $ | 18,050 |  |  | $ | 117,130 |
Current period gross write-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 624 |  |  | $ | — |  |  | $ | 253 |  |  | $ | — |  |  | $ | 877 |
Consumer and other loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,625 |  |  | $ | 1,408 |  |  | $ | 395 |  |  | $ | 1,505 |  |  | $ | 2,222 |  |  | $ | 29 |  |  | $ | 2,830 |  |  | $ | 11,014 |
Special Mention |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Substandard |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Doubtful |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total Consumer and other loans |  | $ | 2,625 |  |  | $ | 1,408 |  |  | $ | 395 |  |  | $ | 1,505 |  |  | $ | 2,222 |  |  | $ | 29 |  |  | $ | 2,830 |  |  | $ | 11,014 |
Current period gross write-offs |  | $ | 273 |  |  | $ | 55 |  |  | $ | 3 |  |  | $ | 14 |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 351 |
|  | 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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