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v3.25.1

Note 2 - Securities (Tables) | 3 Months Ended
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Mar. 31, 2025
Notes Tables |
Schedule of Available-for-sale and Held-to-maturity Reconciliation [Table Text Block] |
|  | March 31, 2025 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |  |  | Allowance for Credit Losses |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 12,486 |  |  | $ | — |  |  | $ | (646 | ) |  | $ | 11,840 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 105,963 |  |  |  | 62 |  |  |  | (10,954 | ) |  |  | 95,071 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 62,558 |  |  |  | 4 |  |  |  | (8,497 | ) |  |  | 54,065 |  |  |  | — |
Total securities available for sale |  | $ | 181,007 |  |  | $ | 66 |  |  | $ | (20,097 | ) |  | $ | 160,976 |  |  | $ | — |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 9,696 |  |  | $ | — |  |  | $ | (81 | ) |  | $ | 9,615 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 85,038 |  |  |  | — |  |  |  | (7,874 | ) |  |  | 77,164 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 10,645 |  |  |  | 5 |  |  |  | (1,064 | ) |  |  | 9,586 |  |  |  | — |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (420 | ) |  |  | 2,580 |  |  |  | (87 | )
Total securities held to maturity |  | $ | 108,379 |  |  | $ | 5 |  |  | $ | (9,439 | ) |  | $ | 98,945 |  |  | $ | (87 | )
Total securities |  | $ | 289,386 |  |  | $ | 71 |  |  | $ | (29,536 | ) |  | $ | 259,921 |  |  | $ | (87 | )
|  | December 31, 2024 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized (Losses) |  |  | Fair Value |  |  | Allowance for Credit Losses |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 12,483 |  |  | $ | — |  |  | $ | (795 | ) |  | $ | 11,688 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 110,480 |  |  |  | 57 |  |  |  | (12,498 | ) |  |  | 98,039 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 62,954 |  |  |  | 5 |  |  |  | (8,839 | ) |  |  | 54,120 |  |  |  | — |
Total securities available for sale |  | $ | 185,917 |  |  | $ | 62 |  |  | $ | (22,132 | ) |  | $ | 163,847 |  |  | $ | — |
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | 9,632 |  |  | $ | — |  |  | $ | (125 | ) |  | $ | 9,507 |  |  | $ | — |
U.S. agency and mortgage-backed securities |  |  | 86,554 |  |  |  | — |  |  |  | (9,282 | ) |  |  | 77,272 |  |  |  | — |
Obligations of states and political subdivisions |  |  | 10,649 |  |  |  | 8 |  |  |  | (1,112 | ) |  |  | 9,545 |  |  |  | — |
Corporate debt securities |  |  | 3,000 |  |  |  | — |  |  |  | (450 | ) |  |  | 2,550 |  |  |  | (94 | )
Total securities held to maturity |  | $ | 109,835 |  |  | $ | 8 |  |  | $ | (10,969 | ) |  | $ | 98,874 |  |  | $ | (94 | )
Total securities |  | $ | 295,752 |  |  | $ | 70 |  |  | $ | (33,101 | ) |  | $ | 262,721 |  |  | $ | (94 | )
Gain (Loss) on Securities [Table Text Block] |
|  | March 31, 2025 |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
|  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | — |  |  | $ | — |  |  | $ | 11,840 |  |  | $ | (646 | ) |  | $ | 11,840 |  |  | $ | (646 | )
U.S. agency and mortgage-backed securities |  |  | 16,497 |  |  |  | (76 | ) |  |  | 66,642 |  |  |  | (10,878 | ) |  |  | 83,139 |  |  |  | (10,954 | )
Obligations of states and political subdivisions |  |  | 3,361 |  |  |  | (40 | ) |  |  | 48,990 |  |  |  | (8,457 | ) |  |  | 52,351 |  |  |  | (8,497 | )
Total securities available for sale |  | $ | 19,858 |  |  | $ | (116 | ) |  | $ | 127,472 |  |  | $ | (19,981 | ) |  | $ | 147,330 |  |  | $ | (20,097 | )
|  | December 31, 2024 |
|  | Less than 12 months |  |  | 12 months or more |  |  | Total |
|  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |  |  | Fair Value |  |  | Unrealized (Loss) |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities |  | $ | — |  |  | $ | — |  |  | $ | 11,688 |  |  | $ | (795 | ) |  | $ | 11,688 |  |  | $ | (795 | )
U.S. agency and mortgage-backed securities |  |  | 23,445 |  |  |  | (237 | ) |  |  | 67,800 |  |  |  | (12,261 | ) |  |  | 91,245 |  |  |  | (12,498 | )
Obligations of states and political subdivisions |  |  | 4,839 |  |  |  | (135 | ) |  |  | 47,776 |  |  |  | (8,704 | ) |  |  | 52,615 |  |  |  | (8,839 | )
Total securities available for sale |  | $ | 28,284 |  |  | $ | (372 | ) |  | $ | 127,264 |  |  | $ | (21,760 | ) |  | $ | 155,548 |  |  | $ | (22,132 | )
Investments Classified by Contractual Maturity Date [Table Text Block] |
|  | Available for Sale |  |  | Held to Maturity |
|  | Amortized Cost |  |  | Fair Value |  |  | Amortized Cost |  |  | Fair Value |
Due within one year |  | $ | 1,335 |  |  | $ | 1,331 |  |  | $ | 206 |  |  | $ | 205 |
Due after one year through five years |  |  | 33,931 |  |  |  | 32,194 |  |  |  | 28,080 |  |  |  | 26,930 |
Due after five years through ten years |  |  | 39,598 |  |  |  | 36,639 |  |  |  | 12,829 |  |  |  | 11,979 |
Due after ten years |  |  | 106,143 |  |  |  | 90,812 |  |  |  | 67,264 |  |  |  | 59,831 |
|  | $ | 181,007 |  |  | $ | 160,976 |  |  | $ | 108,379 |  |  | $ | 98,945 |
Marketable Securities [Table Text Block] |
|  | March 31, 2025 |  |  | December 31, 2024 |
Federal Home Loan Bank stock |  | $ | 1,421 |  |  | $ | 1,467 |
Federal Reserve Bank stock |  |  | 2,752 |  |  |  | 2,010 |
Community Bankers’ Bank stock |  |  | 263 |  |  |  | 264 |
|  | $ | 4,436 |  |  | $ | 3,741 |
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block] |
|  | U.S. Treasury securities |  |  | U.S. agency and mortgage-backed securities |  |  | Obligations of states and political subdivisions |  |  | Corporate debt securities |  |  | Total Held to Maturity Securities |
March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aaa |  | $ | 9,696 |  |  | $ | 23,233 |  |  | $ | 2,481 |  |  | $ | — |  |  | $ | 35,410 |
Aa1 / Aa2 / Aa3 |  |  | — |  |  |  | — |  |  |  | 8,164 |  |  |  | — |  |  |  | 8,164 |
Baa1 / Baa2 / Baa3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,000 |  |  |  | 3,000 |
Not rated - Agency (1) |  |  | — |  |  |  | 61,805 |  |  |  | — |  |  |  | — |  |  |  | 61,805 |
Total |  | $ | 9,696 |  |  | $ | 85,038 |  |  | $ | 10,645 |  |  | $ | 3,000 |  |  | $ | 108,379 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aaa |  | $ | 9,632 |  |  | $ | 23,173 |  |  | $ | 2,487 |  |  | $ | — |  |  | $ | 35,292 |
Aa1 / Aa2 / Aa3 |  |  | — |  |  |  | — |  |  |  | 8,162 |  |  |  | — |  |  |  | 8,162 |
Baa1 / Baa2 / Baa3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3,000 |  |  |  | 3,000 |
Not rated - Agency (1) |  |  | — |  |  |  | 63,381 |  |  |  | — |  |  |  | — |  |  |  | 63,381 |
Total |  | $ | 9,632 |  |  | $ | 86,554 |  |  | $ | 10,649 |  |  | $ | 3,000 |  |  | $ | 109,835 |
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block] |
|  | U.S. Treasury securities |  |  | U.S. agency and mortgage-backed securities |  |  | Obligations of states and political subdivisions |  |  | Corporate debt securities |  |  | Total Held to Maturity Securities |
Balance, December 31, 2024 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 94 |  |  | $ | 94 |
Provision for credit losses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (7 | ) |  |  | (7 | )
Charge-offs of securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance, March 31, 2025 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 87 |  |  | $ | 87 |
|  | U.S. Treasury securities |  |  | U.S. agency and mortgage-backed securities |  |  | Obligations of states and political subdivisions |  |  | Corporate debt securities |  |  | Total Held to Maturity Securities |
Balance, December 31, 2023 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 106 |  |  | $ | 106 |
Provision for credit losses |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (12 | ) |  |  | (12 | )
Charge-offs of securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Recoveries |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balance, December 31, 2024 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 94 |  |  | $ | 94 |

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