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Note 4 - Allowance for Credit Losses (Tables)

3 Months Ended

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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-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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-Section 50
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-Publisher FASB
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-Section 50
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-Section 50
-Paragraph 16
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-16

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