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Note 2 - Acquisitions (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Purchase price consideration:
Fair value of shares of the Company’s common stock		$	46,789
Cash paid for fractional shares			10
Total Purchase Price		$	46,799
Fair value of assets acquired:
Cash and cash equivalents		$	70,253
Securities AFS			62,166
Loans, net accretion			479,341
Premises and equipment			11,388
CDI and other intangibles			15,329
Bank owned life insurance			12,617
Other assets			13,232
Total assets		$	664,326
Fair value of liabilities assumed:
Deposits		$	555,439
Short-term borrowings			39,305
Subordinated debt			16,176
Other liabilities			3,687
Total liabilities		$	614,607
Fair value of net assets acquired		$	49,719
Preliminary bargain purchase gain		$	2,920

Business Acquisition, Pro Forma Information [Table Text Block]

	Pro forma Twelve Months Ended
	At December 31,
(unaudited)		2024(2)(3)			2023(3	)
Total revenues (1)	$	86,533		$	82,046
Net income available to common shareholders (3)	$	14,965		$	14,595
Earnings per share	$	1.67		$	1.63

Schedule of Net Effect of Amortization and Accretion Adjustment Associated With Business Combination [Table Text Block]

		For the years ended
		December 31,
		2024				2023
Loans (1)		$	711			$	822
Buildings (2)			(15	)			(15	)
Core deposit intangible (3)			(1,718	)			(1,749	)
Subordinated Debt (4)			(307	)			(445	)
Time deposits (5)			(49	)			1,226
Net impact to income before taxes		$	(1,378	)		$	(161	)

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Tabular disclosure of net effect of amortization and accretion adjustment associated with business combination.

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Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

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-Paragraph 1
-Section 50
-Publisher FASB
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