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Note 4 - Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

		September 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	)			—				(2,355	)			(232	)			(2,601	)
Recoveries			—				8				2				67				108				185
Provision for (recovery of) credit losses on loans			83				(313	)			422				2,805				149				3,146
Ending Balance, September 30, 2024		$	391			$	2,844			$	5,122			$	4,223			$	124			$	12,704
Ending Balance:
Individually evaluated			—				—				—				3,377				—				3,377
Collectively evaluated			391				2,844				5,122				846				124				9,327
Loans:
Ending Balance		$	61,446			$	351,004			$	449,746			$	114,823			$	17,701			$	994,720
Individually evaluated			34				836				—				5,123				—				5,993
Collectively evaluated			61,412				350,168				449,746				109,700				17,701				988,727

		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

		September 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	)			(351	)			(1,228	)
Recoveries			1				13				13				145				154				326
Provision for (recovery of) credit losses on loans			68				(97	)			(179	)			165				209				166
Ending Balance, September 30, 2023		$	302			$	2,433			$	5,145			$	920			$	96			$	8,896
Ending Balance:
Individually evaluated for impairment			—				—				—				307				—				307
Collectively evaluated for impairment			302				2,433				5,145				613				96				8,589
Loans:
Ending Balance		$	50,405			$	340,773			$	433,177			$	117,130			$	11,014				952,499
Individually evaluated for impairment			39				546				67				2,464				—				3,116
Collectively evaluated for impairment			50,366				340,227				433,110				114,666				11,014				949,383

Financing Receivable, Nonaccrual [Table Text Block]

		September 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		$	34			$	—			$	34			$	38			$	—			$	38
Secured by 1-4 family residential			840				—				840				495				—				495
Other real estate loans			—				—				—				—				—				—
Commercial and industrial			1,678				3,377				5,055				—				6,230				6,230
Total		$	2,552			$	3,377			$	5,929			$	533			$	6,230			$	6,763

Financing Receivable, Collateral Dependent Loans [Table Text Block]

		September 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		$	34			$	—			$	34			$	38			$	—			$	38
Secured by 1-4 family residential			840				—				840				495				—				495
Other real estate loans			—				—				—				—				—				—
Commercial and industrial			—				—				—				—				—				—
Total		$	874			$	—			$	874			$	533			$	—			$	533

Financing Receivable, Modified [Table Text Block]

		Payment deferral
(Dollars in thousands)		Amortized Cost Basis				% of Total Loan Type			Financial Effect
Real estate loans:
Construction and land development		$	—				0.00	%
Secured by 1-4 family residential			—				0.00	%
Other real estate loans			—				0.00	%
Commercial and industrial		1,682				0.17		%	Payment deferral of three months
Total		$	1,682				0.17	%

		Interest Rate Reduction
(Dollars in thousands)		Amortized Cost Basis				% of Total Loan Type			Financial Effect
Real estate loans:
Construction and land development		$	—				0.00	%
Secured by 1-4 family residential			—				0.00	%
Other real estate loans			—				0.00	%
Commercial and industrial		380				0.01		%	Interest rate reduced by up to 4%
Total		$	380				0.01	%

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