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Note 4 - Allowance for Credit Losses (Tables) | 6 Months Ended
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Jun. 30, 2024
Notes Tables |
Financing Receivable, Allowance for Credit Loss [Table Text Block] |
|  | June 30, 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 | ) |  |  | — |  |  |  | (756 | ) |  |  | (164 | ) |  |  | (934 | )
Recoveries |  |  | — |  |  |  | 5 |  |  |  | 1 |  |  |  | 16 |  |  |  | 67 |  |  |  | 89 |
Provision for (recovery of) credit losses on loans |  |  | 39 |  |  |  | (466 | ) |  |  | 141 |  |  |  | 1,596 |  |  |  | 114 |  |  |  | 1,424 |
Ending Balance, June 30, 2024 |  | $ | 347 |  |  | $ | 2,688 |  |  | $ | 4,840 |  |  | $ | 4,562 |  |  | $ | 116 |  |  | $ | 12,553 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,750 |  |  |  | — |  |  |  | 3,750 |
Collectively evaluated |  |  | 347 |  |  |  | 2,688 |  |  |  | 4,840 |  |  |  | 809 |  |  |  | 119 |  |  |  | 8,803 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  | $ | 60,919 |  |  | $ | 346,977 |  |  | $ | 449,768 |  |  | $ | 116,299 |  |  | $ | 16,013 |  |  | $ | 989,976 |
Individually evaluated |  |  | 36 |  |  |  | 749 |  |  |  | — |  |  |  | 7,845 |  |  |  | — |  |  |  | 8,630 |
Collectively evaluated |  |  | 60,883 |  |  |  | 346,228 |  |  |  | 449,768 |  |  |  | 108,454 |  |  |  | 16,013 |  |  |  | 981,346 |
|  | 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 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 |
|  | June 30, 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 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (877 | ) |  |  | (208 | ) |  |  | (1,085 | )
Recoveries |  |  | 1 |  |  |  | 9 |  |  |  | 13 |  |  |  | 144 |  |  |  | 99 |  |  |  | 266 |
Provision for (recovery of) credit losses on loans |  |  | 68 |  |  |  | 77 |  |  |  | (80 | ) |  |  | (137 | ) |  |  | 117 |  |  |  | 45 |
Ending Balance, June 30, 2023 |  | $ | 302 |  |  | $ | 2,603 |  |  | $ | 5,244 |  |  | $ | 617 |  |  | $ | 92 |  |  | $ | 8,858 |
Ending Balance: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Collectively evaluated for impairment |  |  | 302 |  |  |  | 2,603 |  |  |  | 5,244 |  |  |  | 617 |  |  |  | 92 |  |  |  | 8,858 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending Balance |  | $ | 49,282 |  |  | $ | 337,601 |  |  | $ | 421,970 |  |  | $ | 112,803 |  |  | $ | 8,538 |  |  |  | 930,194 |
Individually evaluated for impairment |  |  | 40 |  |  |  | 567 |  |  |  | 70 |  |  |  | — |  |  |  | — |  |  |  | 677 |
Collectively evaluated for impairment |  |  | 49,242 |  |  |  | 337,034 |  |  |  | 421,900 |  |  |  | 112,803 |  |  |  | 8,538 |  |  |  | 929,517 |
Financing Receivable, Nonaccrual [Table Text Block] |
|  | June 30, 2024 |  |  | December 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 |
Real estate loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 36 |  |  | $ | — |  |  | $ | 36 |  |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |
Secured by 1-4 family residential |  |  | 749 |  |  |  | — |  |  |  | 749 |  |  |  | 495 |  |  |  | — |  |  |  | 495 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial and industrial |  |  | — |  |  |  | 7,845 |  |  |  | 7,845 |  |  |  | — |  |  |  | 6,230 |  |  |  | 6,230 |
Total |  | $ | 785 |  |  | $ | 7,845 |  |  | $ | 8,630 |  |  | $ | 533 |  |  | $ | 6,230 |  |  | $ | 6,763 |
Financing Receivable, Collateral Dependent Loans [Table Text Block] |
|  | June 30, 2024 |  |  | December 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 loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development |  | $ | 36 |  |  | $ | — |  |  | $ | 36 |  |  | $ | 38 |  |  | $ | — |  |  | $ | 38 |
Secured by 1-4 family residential |  |  | 749 |  |  |  | — |  |  |  | 749 |  |  |  | 495 |  |  |  | — |  |  |  | 495 |
Other real estate loans |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 785 |  |  | $ | — |  |  | $ | 785 |  |  | $ | 533 |  |  | $ | — |  |  | $ | 533 |

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