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Note 4 - Allowance for Credit Losses (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Financing Receivable, Allowance for Credit Loss [Table Text Block] |
|  | December 31, 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 |  |  | — |  |  |  | (59 | ) |  |  | (34 | ) |  |  | (3,452 | ) |  |  | (448 | ) |  |  | (3,993 | )
Recoveries |  |  | — |  |  |  | 47 |  |  |  | 14 |  |  |  | 145 |  |  |  | 212 |  |  |  | 418 |
Provision for (recovery of) credit losses |  |  | 79 |  |  |  | 654 |  |  |  | (593 | ) |  |  | 5,526 |  |  |  | 251 |  |  |  | 5,917 |
Ending Balance, December 31, 2023 |  | $ | 312 |  |  | $ | 3,159 |  |  | $ | 4,698 |  |  | $ | 3,706 |  |  | $ | 99 |  |  | $ | 11,974 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,705 |  |  |  | — |  |  |  | 2,705 |
Collectively evaluated |  |  | 312 |  |  |  | 3,159 |  |  |  | 4,698 |  |  |  | 1,001 |  |  |  | 99 |  |  |  | 9,269 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  |  | 52,680 |  |  |  | 344,369 |  |  |  | 447,272 |  |  |  | 113,074 |  |  |  | 12,035 |  |  |  | 969,430 |
Individually evaluated |  |  | 38 |  |  |  | 495 |  |  |  | — |  |  |  | 6,230 |  |  |  | — |  |  |  | 6,763 |
Collectively evaluated |  |  | 52,642 |  |  |  | 343,874 |  |  |  | 447,272 |  |  |  | 106,844 |  |  |  | 12,035 |  |  |  | 962,667 |
|  | 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 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 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 888 |  |  |  | — |  |  |  | 888 |
Collectively evaluated |  |  | 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 |  |  | 1,045 |  |  |  | 530 |  |  |  | 13 |  |  |  | 1,085 |  |  |  | — |  |  |  | 2,673 |
Collectively evaluated |  |  | 50,795 |  |  |  | 330,891 |  |  |  | 418,443 |  |  |  | 110,140 |  |  |  | 7,581 |  |  |  | 917,850 |
Financing Receivable, Nonaccrual [Table Text Block] |
|  | CECL |  |  | Incurred Loss |
|  | December 31, 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 |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |  |  | $ | 1,045 |
Secured by 1-4 family residential |  |  | 495 |  |  |  | — |  |  |  | 495 |  |  |  | 530 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 13 |
Commercial and industrial |  |  | — |  |  |  | 6,230 |  |  |  | 6,230 |  |  |  | 1,085 |
Total |  | $ | 533 |  |  | $ | 6,230 |  |  | $ | 6,763 |  |  | $ | 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 |  |  | 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 |
Financing Receivable, Collateral Dependent Loans [Table Text Block] |
|  | December 31, 2023 |
(Dollars in thousands) |  | Real Estate Secured |  |  | Non-Real Estate Secured |  |  | Total Collateral-Dependent Loans |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |
Secured by 1-4 family residential |  |  | 495 |  |  |  | — |  |  |  | 495 |
Total |  | $ | 533 |  |  | $ | — |  |  | $ | 533 |

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