XML 133 R51.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 20 - Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes Tables |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
|  |  |  |  |  | Fair Value Measurements at December 31, 2024 |
Description |  | Balance as of December 31, 2024 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 11,688 |  |  | $ | — |  |  | $ | 11,688 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 98,039 |  |  |  | — |  |  |  | 98,039 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 54,120 |  |  |  | — |  |  |  | 54,120 |  |  |  | — |
Total securities available for sale |  | $ | 163,847 |  |  | $ | — |  |  | $ | 163,847 |  |  | $ | — |
Derivatives - cash flow hedges |  |  | 2,690 |  |  |  | — |  |  |  | 2,690 |  |  |  | — |
Total assets |  | $ | 166,537 |  |  | $ | — |  |  | $ | 166,537 |  |  | $ | — |
|  |  |  |  |  | Fair Value Measurements at December 31, 2023 |
Description |  | Balance as of December 31, 2023 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 11,450 |  |  | $ | — |  |  | $ | 11,450 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 84,800 |  |  |  | — |  |  |  | 84,800 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 56,607 |  |  |  | — |  |  |  | 56,607 |  |  |  | — |
Total securities available for sale |  | $ | 152,857 |  |  | $ | — |  |  | $ | 152,857 |  |  | $ | — |
Derivatives - cash flow hedges |  |  | 2,488 |  |  |  | — |  |  |  | 2,488 |  |  |  | — |
Total assets |  | $ | 155,345 |  |  | $ | — |  |  | $ | 155,345 |  |  | $ | — |
Fair Value Measurements, Nonrecurring [Table Text Block] |
|  |  |  |  |  | Fair Value Measurements at December 31, 2024 |
Description |  | Balance as of December 31, 2024 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Collateral dependent loans |  | $ | 703 |  |  | $ | — |  |  | $ | — |  |  | $ | 703 |
Other real estate owned |  | $ | 53 |  |  | $ | — |  |  | $ | — |  |  | $ | 53 |
|  |  |  |  |  | Fair Value Measurements at December 31, 2023 |
Description |  | Balance as of December 31, 2023 |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs(Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Collateral dependent loans |  | $ | 533 |  |  | $ | — |  |  | $ | — |  |  | $ | 533 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
|  | Quantitative information about Level 3 Fair Value Measurements for December 31, 2024 |
|  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range (Weighted Average) (1) |
Collateral dependent loans |  | $ | 703 |  | Property appraisals |  | Selling cost |  |  | 10.00 | %
Other real estate owned |  | $ | 53 |  | Property appraisals |  | Selling cost |  |  | 10.00 | %
|  | Quantitative information about Level 3 Fair Value Measurements for December 31, 2023 |
|  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range (Weighted Average) (1) |
Collateral dependent loans |  | $ | 533 |  | Property appraisals |  | Selling cost |  |  | 10.00 | %
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  |  | Fair Value Measurements at December 31, 2024 Using |
|  | Carrying Amount |  |  | Quoted Prices in Active Markets for Identical Assets Level 1 |  |  | Significant Other Observable Inputs Level 2 |  |  | Significant Unobservable Inputs Level 3 |  |  | Fair Value |
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and short-term investments |  | $ | 162,874 |  |  | $ | 162,874 |  |  | $ | — |  |  | $ | — |  |  | $ | 162,874 |
Securities available for sale |  |  | 163,847 |  |  |  | — |  |  |  | 163,847 |  |  |  | — |  |  |  | 163,847 |
Securities held to maturity, net |  |  | 109,741 |  |  |  | — |  |  |  | 109,741 |  |  |  | — |  |  |  | 109,741 |
Restricted securities |  |  | 3,741 |  |  |  | — |  |  |  | 3,741 |  |  |  | — |  |  |  | 3,741 |
Loans, net |  |  | 1,450,195 |  |  |  | — |  |  |  | — |  |  |  | 1,408,574 |  |  |  | 1,408,574 |
Bank owned life insurance |  |  | 37,873 |  |  |  | — |  |  |  | 37,873 |  |  |  | — |  |  |  | 37,873 |
Accrued interest receivable |  |  | 6,020 |  |  |  | — |  |  |  | 6,020 |  |  |  | — |  |  |  | 6,020 |
Derivatives - cash flow hedges |  |  | 2,690 |  |  |  | — |  |  |  | 2,690 |  |  |  | — |  |  |  | 2,690 |
Financial Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,803,778 |  |  | $ | — |  |  | $ | 1,445,033 |  |  | $ | 356,824 |  |  | $ | 1,801,857 |
Subordinated debt |  |  | 21,176 |  |  |  | — |  |  |  | — |  |  |  | 23,596 |  |  |  | 23,596 |
Junior subordinated debt |  |  | 9,279 |  |  |  | — |  |  |  | — |  |  |  | 12,310 |  |  |  | 12,310 |
Accrued interest payable |  |  | 964 |  |  |  | — |  |  |  | 964 |  |  |  | — |  |  |  | 964 |
|  |  |  |  |  | Fair Value Measurements at December 31, 2023 Using |
|  | Carrying Amount |  |  | Quoted Prices in Active Markets for Identical Assets Level 1 |  |  | Significant Other Observable Inputs Level 2 |  |  | Significant Unobservable Inputs Level 3 |  |  | Fair Value |
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and short-term investments |  | $ | 87,161 |  |  | $ | 87,161 |  |  | $ | — |  |  | $ | — |  |  | $ | 87,161 |
Securities available for sale |  |  | 152,857 |  |  |  | — |  |  |  | 152,857 |  |  |  | — |  |  |  | 152,857 |
Securities held to maturity |  |  | 148,244 |  |  |  | — |  |  |  | 137,507 |  |  |  | — |  |  |  | 137,507 |
Restricted securities |  |  | 2,078 |  |  |  | — |  |  |  | 2,078 |  |  |  | — |  |  |  | 2,078 |
Loans, net |  |  | 957,456 |  |  |  | — |  |  |  | — |  |  |  | 919,266 |  |  |  | 919,266 |
Bank owned life insurance |  |  | 24,902 |  |  |  | — |  |  |  | 24,902 |  |  |  | — |  |  |  | 24,902 |
Accrued interest receivable |  |  | 4,655 |  |  |  | — |  |  |  | 4,655 |  |  |  | — |  |  |  | 4,655 |
Derivatives - cash flow hedges |  |  | 2,488 |  |  |  | — |  |  |  | 2,488 |  |  |  | — |  |  |  | 2,488 |
Financial Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,233,726 |  |  | $ | — |  |  | $ | 1,041,377 |  |  | $ | 189,354 |  |  | $ | 1,230,731 |
Other borrowings |  |  | 50,000 |  |  |  | — |  |  |  | — |  |  |  | 49,987 |  |  |  | 49,987 |
Subordinated debt |  |  | 4,997 |  |  |  | — |  |  |  | — |  |  |  | 5,412 |  |  |  | 5,412 |
Junior subordinated debt |  |  | 9,279 |  |  |  | — |  |  |  | — |  |  |  | 8,493 |  |  |  | 8,493 |
Accrued interest payable |  |  | 764 |  |  |  | — |  |  |  | 764 |  |  |  | — |  |  |  | 764 |

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration