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Note 15 - Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
|  |  |  |  | Fair Value Measurement Using |
December 31, 2022 |  | Balance |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
U.S. government agencies and corporations |  | $ | 336,575 |  |  | $ | - |  |  | $ | 336,575 |  |  | $ | - |
States and political subdivisions |  |  | 152,200 |  |  |  | - |  |  |  | 152,200 |  |  |  | - |
Mortgage-backed securities |  |  | 161,477 |  |  |  | - |  |  |  | 161,477 |  |  |  | - |
Corporate debt securities |  |  | 5,664 |  |  |  | - |  |  |  | 5,664 |  |  |  | - |
U.S. treasury |  |  | 936 |  |  |  |  |  |  |  | 936 |  |  |  |  |
Total securities available for sale |  | $ | 656,852 |  |  | $ | - |  |  | $ | 656,852 |  |  | $ | - |
|  |  |  |  | Fair Value Measurement Using |
December 31, 2021 |  | Balance |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
U.S. Government agencies and corporations |  | $ | 278,019 |  |  | $ | - |  |  | $ | 278,019 |  |  | $ | - |
States and political subdivisions |  |  | 198,672 |  |  |  | - |  |  |  | 198,672 |  |  |  | - |
Mortgage-backed securities |  |  | 206,174 |  |  |  | - |  |  |  | 206,174 |  |  |  | - |
Corporate debt securities |  |  | 3,215 |  |  |  | - |  |  |  | 3,215 |  |  |  | - |
Total securities available for sale |  | $ | 686,080 |  |  | $ | - |  |  | $ | 686,080 |  |  | $ | - |
Fair Value Measurements, Nonrecurring [Table Text Block] |
|  |  |  |  |  |  | Carrying Value |
Date | Description |  | Balance |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
December 31, 2022 | OREO net of valuation allowance |  | $ | 662 |  |  | $ | - |  |  | $ | - |  |  | $ | 662 |
December 31, 2021 | OREO net of valuation allowance |  |  | 957 |  |  |  | - |  |  |  | - |  |  |  | 957 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
Date | Valuation Technique | Unobservable Input |  | Discount |
December 31, 2022 | Discounted appraised value | Selling cost |  |  | 7.00 | %
December 31, 2022 | Discounted appraised value | Discount for lack of marketability |  |  | 34.72 | %
December 31, 2021 | Discounted appraised value | Selling cost |  |  | 6.20 | %
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  | Estimated Fair Value |
December 31, 2022 |  | Carrying Amount |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 12,403 |  |  | $ | 12,403 |  |  | $ | - |  |  | $ | - |
Interest-bearing deposits |  |  | 59,026 |  |  |  | 59,026 |  |  |  | - |  |  |  | - |
Securities available for sale |  |  | 656,852 |  |  |  | - |  |  |  | 656,852 |  |  |  | - |
Restricted stock, at cost |  |  | 941 |  |  |  | - |  |  |  | 941 |  |  |  | - |
Loans, net |  |  | 844,519 |  |  |  | - |  |  |  | - |  |  |  | 781,749 |
Accrued interest receivable |  |  | 6,001 |  |  |  | - |  |  |  | 6,001 |  |  |  | - |
Bank-owned life insurance |  |  | 43,312 |  |  |  | - |  |  |  | 43,312 |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,542,725 |  |  | $ | - |  |  | $ | 1,475,096 |  |  | $ | 67,542 |
Accrued interest payable |  |  | 106 |  |  |  | - |  |  |  | 106 |  |  |  | - |
|  |  |  |  | Estimated Fair Value |
December 31, 2021 |  | Carrying Amount |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 8,768 |  |  | $ | 8,768 |  |  | $ | - |  |  | $ | - |
Interest-bearing deposits |  |  | 130,021 |  |  |  | 130,021 |  |  |  | - |  |  |  | - |
Securities available for sale |  |  | 686,080 |  |  |  | - |  |  |  | 686,080 |  |  |  | - |
Restricted stock, at cost |  |  | 845 |  |  |  | - |  |  |  | 845 |  |  |  | - |
Mortgage loans held for sale |  |  | 615 |  |  |  | - |  |  |  | 615 |  |  |  | - |
Loans, net |  |  | 795,574 |  |  |  | - |  |  |  | - |  |  |  | 791,335 |
Accrued interest receivable |  |  | 5,104 |  |  |  | - |  |  |  | 5,104 |  |  |  | - |
Bank-owned life insurance |  |  | 42,354 |  |  |  | - |  |  |  | 42,354 |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,494,587 |  |  | $ | - |  |  | $ | 1,415,619 |  |  | $ | 79,115 |
Accrued interest payable |  |  | 48 |  |  |  | - |  |  |  | 48 |  |  |  | - |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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