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Note 4 - Allowance for Credit Losses (Tables) | 3 Months Ended
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Mar. 31, 2024
Notes Tables |
Financing Receivable, Allowance for Credit Loss [Table Text Block] |
|  | March 31, 2024 |
|  | 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, 2023 |  | $ | 312 |  |  | $ | 3,159 |  |  | $ | 4,698 |  |  | $ | 3,706 |  |  | $ | 99 |  |  | $ | 11,974 |
Charge-offs |  |  | (4 | ) |  |  | (10 | ) |  |  | — |  |  |  | (317 | ) |  |  | (83 | ) |  |  | (414 | )
Recoveries |  |  | — |  |  |  | 4 |  |  |  | 1 |  |  |  | 6 |  |  |  | 41 |  |  |  | 52 |
Provision for (recovery of) credit losses on loans |  |  | 47 |  |  |  | (396 | ) |  |  | 225 |  |  |  | 1,098 |  |  |  | 17 |  |  |  | 991 |
Ending Balance, March 31, 2024 |  | $ | 355 |  |  | $ | 2,757 |  |  | $ | 4,924 |  |  | $ | 4,493 |  |  | $ | 74 |  |  | $ | 12,603 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,569 |  |  |  | — |  |  |  | 3,569 |
Collectively evaluated |  |  | 355 |  |  |  | 2,757 |  |  |  | 4,924 |  |  |  | 924 |  |  |  | 74 |  |  |  | 9,034 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  | $ | 53,364 |  |  | $ | 347,014 |  |  | $ | 445,085 |  |  | $ | 113,562 |  |  | $ | 13,949 |  |  | $ | 972,974 |
Individually evaluated |  |  | 37 |  |  |  | 772 |  |  |  | — |  |  |  | 7,202 |  |  |  | — |  |  |  | 8,011 |
Collectively evaluated |  |  | 53,327 |  |  |  | 346,242 |  |  |  | 445,085 |  |  |  | 106,360 |  |  |  | 13,949 |  |  |  | 964,963 |
|  | 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 loan 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 on loans |  |  | 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 for impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2,705 |  |  |  | — |  |  |  | 2,705 |
Collectively evaluated for impairment |  |  | 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 for impairment |  |  | 38 |  |  |  | 495 |  |  |  | — |  |  |  | 6,230 |  |  |  | — |  |  |  | 6,763 |
Collectively evaluated for impairment |  |  | 52,642 |  |  |  | 343,874 |  |  |  | 447,272 |  |  |  | 106,844 |  |  |  | 12,035 |  |  |  | 962,667 |
|  | March 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 loan 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 |  |  |  | 1,705 |  |  |  | (391 | ) |  |  | (224 | ) |  |  | 2,186 |
Charge-offs |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (851 | ) |  |  | (126 | ) |  |  | (977 | )
Recoveries |  |  | — |  |  |  | 5 |  |  |  | 2 |  |  |  | — |  |  |  | 55 |  |  |  | 62 |
Provision for (recovery of) credit losses on loans |  |  | 11 |  |  |  | 74 |  |  |  | (150 | ) |  |  | (15 | ) |  |  | 80 |  |  |  | — |
Ending Balance, March 31, 2023 |  | $ | 244 |  |  | $ | 2,596 |  |  | $ | 5,166 |  |  | $ | 617 |  |  | $ | 94 |  |  | $ | 8,717 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Collectively evaluated for impairment |  |  | 244 |  |  |  | 2,596 |  |  |  | 5,166 |  |  |  | 617 |  |  |  | 94 |  |  |  | 8,717 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  | $ | 48,610 |  |  | $ | 334,302 |  |  | $ | 416,001 |  |  | $ | 110,937 |  |  | $ | 8,117 |  |  | $ | 917,967 |
Individually evaluated for impairment |  |  | 1,044 |  |  |  | 474 |  |  |  | 73 |  |  |  | — |  |  |  | — |  |  |  | 1,591 |
Collectively evaluated for impairment |  |  | 47,566 |  |  |  | 333,828 |  |  |  | 415,928 |  |  |  | 110,937 |  |  |  | 8,117 |  |  |  | 916,376 |
Financing Receivable, Nonaccrual [Table Text Block] |
|  | March 31, 2024 |  |  | December 31, 2023 |  |  | March 31, 2023 |
|  | Nonaccrual Loans with No Allowance |  |  | Nonaccrual loans with an Allowance |  |  | Total Nonaccrual Loans |  |  | Nonaccrual Loans with No Allowance |  |  | Nonaccrual loans with an Allowance |  |  | Total Nonaccrual Loans |  |  | Nonaccrual Loans with No Allowance |  |  | Nonaccrual loans with an Allowance |  |  | Total Nonaccrual Loans |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 37 |  |  | $ | — |  |  | $ | 37 |  |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |  |  | $ | 1,044 |  |  | $ | — |  |  | $ | 1,044 |
Secured by 1-4 family residential |  |  | 775 |  |  |  | — |  |  |  | 775 |  |  |  | 495 |  |  |  | — |  |  |  | 495 |  |  |  | 474 |  |  |  | — |  |  |  | 474 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 73 |  |  |  | — |  |  |  | 73 |
Commercial and industrial |  |  | — |  |  |  | 7,203 |  |  |  | 7,203 |  |  |  | — |  |  |  | 6,230 |  |  |  | 6,230 |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 812 |  |  | $ | 7,203 |  |  | $ | 8,015 |  |  | $ | 533 |  |  | $ | 6,230 |  |  | $ | 6,763 |  |  | $ | 1,591 |  |  | $ | — |  |  | $ | 1,591 |
Financing Receivable, Collateral Dependent Loans [Table Text Block] |
|  | March 31, 2024 |  |  | December 31, 2023 |  |  | March 31, 2023 |
(Dollars in thousands) |  | Real Estate Secured |  |  | Non-Real Estate Secured |  |  | Total Collateral-Dependent Loans |  |  | Real Estate Secured |  |  | Non-Real Estate Secured |  |  | Total Collateral-Dependent Loans |  |  | Real Estate Secured |  |  | Non-Real Estate Secured |  |  | Total Collateral-Dependent Loans |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 37 |  |  | $ | — |  |  | $ | 37 |  |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |  |  | $ | 1,044 |  |  | $ | — |  |  | $ | 1,044 |
Secured by 1-4 family residential |  |  | 775 |  |  |  | — |  |  |  | 775 |  |  |  | 495 |  |  |  | — |  |  |  | 495 |  |  |  | 474 |  |  |  | — |  |  |  | 474 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 73 |  |  |  | — |  |  |  | 73 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 812 |  |  | $ | — |  |  | $ | 812 |  |  | $ | 533 |  |  | $ | — |  |  | $ | 533 |  |  | $ | 1,591 |  |  | $ | — |  |  | $ | 1,591 |

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