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v3.24.1

Note 2 - Securities (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block] |
|  | 2023 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |  |  | Allowance for Credit Losses |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 12,476 |  |  | $ | — |  |  | $ | (1,026 | ) |  | $ | 11,450 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 96,937 |  |  |  | 55 |  |  |  | (12,192 | ) |  |  | 84,800 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 64,045 |  |  |  | 6 |  |  |  | (7,444 | ) |  |  | 56,607 |  |  |  | — |
Total securities available for sale |  | $ | 173,458 |  |  | $ | 61 |  |  | $ | (20,662 | ) |  | $ | 152,857 |  |  | $ | — |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 39,085 |  |  | $ | — |  |  | $ | (389 | ) |  | $ | 38,696 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 94,617 |  |  |  | — |  |  |  | (8,992 | ) |  |  | 85,625 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 11,649 |  |  |  | 107 |  |  |  | (943 | ) |  |  | 10,813 |  |  |  | — |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (520 | ) |  |  | 2,480 |  |  |  | (107 | )
Total securities held to maturity |  | $ | 148,351 |  |  | $ | 107 |  |  | $ | (10,844 | ) |  | $ | 137,614 |  |  | $ | (107 | )
Total securities |  | $ | 321,809 |  |  | $ | 168 |  |  | $ | (31,506 | ) |  | $ | 290,471 |  |  | $ | (107 | )
|  | 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 |
Gain (Loss) on Securities [Table Text Block] |
|  | 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 |  | $ | — |  |  | $ | — |  |  | $ | 11,450 |  |  | $ | (1,026 | ) |  | $ | 11,450 |  |  | $ | (1,026 | )
U.S. agency and mortgage-backed securities |  |  | 1,281 |  |  |  | (29 | ) |  |  | 78,800 |  |  |  | (12,163 | ) |  |  | 80,081 |  |  |  | (12,192 | )
Obligations of states and political subdivisions |  |  | 4,469 |  |  |  | (215 | ) |  |  | 47,004 |  |  |  | (7,229 | ) |  |  | 51,473 |  |  |  | (7,444 | )
Total securities available for sale |  | $ | 5,750 |  |  | $ | (244 | ) |  | $ | 137,254 |  |  | $ | (20,418 | ) |  | $ | 143,004 |  |  | $ | (20,662 | )
|  | 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 |  | $ | 760 |  |  | $ | 758 |  |  | $ | 30,690 |  |  | $ | 30,470 |
Due after one year through five years |  |  | 23,155 |  |  |  | 21,736 |  |  |  | 22,634 |  |  |  | 21,529 |
Due after five years through ten years |  |  | 36,990 |  |  |  | 33,779 |  |  |  | 19,830 |  |  |  | 18,092 |
Due after ten years |  |  | 112,553 |  |  |  | 96,584 |  |  |  | 75,197 |  |  |  | 67,523 |
|  | $ | 173,458 |  |  | $ | 152,857 |  |  | $ | 148,351 |  |  | $ | 137,614 |
Marketable Securities [Table Text Block] |
|  | 2023 |  |  | 2022 |
Federal Home Loan Bank stock |  | $ | 965 |  |  | $ | 796 |
Federal Reserve Bank stock |  |  | 981 |  |  |  | 980 |
Community Bankers’ Bank stock |  |  | 132 |  |  |  | 132 |
|  | $ | 2,078 |  |  | $ | 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 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aaa |  | $ | 39,085 |  |  | $ | 22,936 |  |  | $ | 2,807 |  |  | $ | — |  |  | $ | 64,828 |
Aa1 / Aa2 / Aa3 |  |  | — |  |  |  | — |  |  |  | 8,842 |  |  |  | — |  |  |  | 8,842 |
A1 / A2 / A3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Baa1 / Baa2 / Baa3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,000 |  |  |  | 3,000 |
Not rated - Agency (1) |  |  | — |  |  |  | 71,681 |  |  |  | — |  |  |  | — |  |  |  | 71,681 |
Not rated - Non Agency |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 39,085 |  |  | $ | 94,617 |  |  | $ | 11,649 |  |  | $ | 3,000 |  |  | $ | 148,351 |
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 |
Not rated - Non Agency |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
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 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (37 | ) |  |  | (37 | )
Balance, December 31, 2023 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 107 |  |  | $ | 107 |

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