XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.20.2

Note 6 - Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Notes Tables |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
Description |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government treasuries |  | $ | 8,856 |  |  | $ | 8,856 |  |  | $ | - |  |  | $ | - |
U.S. government agencies |  |  | 97,984 |  |  |  | - |  |  |  | 97,984 |  |  |  | - |
U.S. government mortgage-backed securities |  |  | 133,796 |  |  |  | - |  |  |  | 133,796 |  |  |  | - |
State and political subdivisions |  |  | 233,563 |  |  |  | - |  |  |  | 233,563 |  |  |  | - |
Corporate bonds |  |  | 74,619 |  |  |  | - |  |  |  | 74,619 |  |  |  | - |
|  | $ | 548,818 |  |  | $ | 8,856 |  |  | $ | 539,962 |  |  | $ | - |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government treasuries |  | $ | 9,452 |  |  | $ | 9,452 |  |  | $ | - |  |  | $ | - |
U.S. government agencies |  |  | 126,433 |  |  |  | - |  |  |  | 126,433 |  |  |  | - |
U.S. government mortgage-backed securities |  |  | 81,128 |  |  |  | - |  |  |  | 81,128 |  |  |  | - |
State and political subdivisions |  |  | 195,302 |  |  |  | - |  |  |  | 195,302 |  |  |  | - |
Corporate bonds |  |  | 67,528 |  |  |  | - |  |  |  | 67,528 |  |  |  | - |
|  | $ | 479,843 |  |  | $ | 9,452 |  |  | $ | 470,391 |  |  | $ | - |
Fair Value Measurements, Nonrecurring [Table Text Block] |
Description |  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable |  | $ | 1,295 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,295 |
Other real estate owned |  |  | 621 |  |  |  | - |  |  |  | - |  |  |  | 621 |
Total |  | $ | 1,916 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,916 |
2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans receivable |  | $ | 535 |  |  | $ | - |  |  | $ | - |  |  | $ | 535 |
Other real estate owned |  |  | 4,004 |  |  |  | - |  |  |  | - |  |  |  | 4,004 |
Total |  | $ | 4,539 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,539 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
|  | 2020
|  | Estimated |  | Valuation |  |  | Range
|  | Fair Value |  | Techniques |  | Unobservable Inputs | (Average)
Impaired Loans |  | $ | 1,295 |  | Evaluation of collateral |  | Estimation of value |  | NM* |  |
Other real estate owned |  | $ | 621 |  | Appraisal |  | Appraisal adjustment | 6% | - | 8% | (7%)
|  | 2020
|  | Estimated |  | Valuation |  |  | Range
|  | Fair Value |  | Techniques |  | Unobservable Inputs | (Average)
Impaired Loans |  | $ | 535 |  | Evaluation of collateral |  | Estimation of value |  | NM* |  |
Other real estate owned |  | $ | 4,004 |  | Appraisal |  | Appraisal adjustment | 6% | - | 8% | (7%)
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  | 2020 |  |  | 2019 |
|  | Fair Value |  |  |  |  |  | Estimated |  |  |  |  |  |  | Estimated |
|  | Hierarchy |  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |
|  | Level |  | Amount |  |  | Value |  |  | Amount |  |  | Value |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | Level 1 |  | $ | 22,750 |  |  | $ | 22,750 |  |  | $ | 34,617 |  |  | $ | 34,617 |
Interest-bearing deposits |  | Level 1 |  |  | 119,643 |  |  |  | 119,643 |  |  |  | 108,948 |  |  |  | 108,948 |
Securities available-for-sale |  | See previous table |  |  | 548,818 |  |  |  | 548,818 |  |  |  | 479,843 |  |  |  | 479,843 |
FHLB and FRB stock |  | Level 2 |  |  | 3,148 |  |  |  | 3,148 |  |  |  | 3,139 |  |  |  | 3,139 |
Loans receivable, net |  | Level 2 |  |  | 1,159,063 |  |  |  | 1,135,210 |  |  |  | 1,048,147 |  |  |  | 1,025,032 |
Loans held for sale |  | Level 2 |  |  | 2,797 |  |  |  | 2,797 |  |  |  | 2,777 |  |  |  | 2,777 |
Accrued income receivable |  | Level 1 |  |  | 12,173 |  |  |  | 12,173 |  |  |  | 11,788 |  |  |  | 11,788 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  | Level 2 |  | $ | 1,660,173 |  |  | $ | 1,663,366 |  |  | $ | 1,493,175 |  |  | $ | 1,495,155 |
Securities sold under agreements to repurchase |  | Level 1 |  |  | 30,492 |  |  |  | 30,492 |  |  |  | 42,034 |  |  |  | 42,034 |
FHLB advances |  | Level 2 |  |  | 3,000 |  |  |  | 3,115 |  |  |  | 5,000 |  |  |  | 4,935 |
Accrued interest payable |  | Level 1 |  |  | 945 |  |  |  | 945 |  |  |  | 1,163 |  |  |  | 1,163 |

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&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 http://asc.fasb.org/extlink&oid=117815213&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 http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&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 (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 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 (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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