XML 33 R22.htm IDEA: XBRL DOCUMENT v3.21.1

Note 5 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2021
U.S. government treasuries		$	45,701			$	45,701			$	-			$	-
U.S. government agencies			109,101				-				109,101				-
U.S. government mortgage-backed securities			181,697				-				181,697				-
State and political subdivisions			262,479				-				262,479				-
Corporate bonds			73,366				-				73,366				-
		$	672,344			$	45,701			$	626,643			$	-
2020
U.S. government treasuries		$	12,053			$	12,053			$	-			$	-
U.S. government agencies			111,199				-				111,199				-
U.S. government mortgage-backed securities			150,195				-				150,195				-
State and political subdivisions			251,584				-				251,584				-
Corporate bonds			71,968				-				71,968				-
		$	596,999			$	12,053			$	584,946			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2021
Loans receivable		$	8,899			$	-			$	-			$	8,899
Other real estate owned			227				-				-				227
Total		$	9,126			$	-			$	-			$	9,126
2020
Loans receivable		$	10,306			$	-			$	-			$	10,306
Other real estate owned			218				-				-				218
Total		$	10,524			$	-			$	-			$	10,524

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

		2021
		Estimated			Valuation			Range
		Fair Value			Techniques		Unobservable Inputs	(Average)
Loans receivable		$	8,899		Evaluation of collateral		Estimation of value		NM*
Other real estate owned		$	227		Appraisal		Appraisal adjustment	6%	-	8%	(7%)

		2020
		Estimated			Valuation			Range
		Fair Value			Techniques		Unobservable Inputs	(Average)
Loans receivable		$	10,306		Evaluation of collateral		Estimation of value		NM*
Other real estate owned		$	218		Appraisal		Appraisal adjustment	6%	-	8%	(7%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

			2021								2020
	Fair Value						Estimated								Estimated
	Hierarchy		Carrying				Fair				Carrying				Fair
	Level		Amount				Value				Amount				Value
Financial assets:
Cash and due from banks	Level 1		$	23,557			$	23,557			$	24,819			$	24,819
Interest-bearing deposits	Level 1			227,159				227,159				166,704				166,704
Securities available-for-sale	See previous table			672,344				672,344				596,999				596,999
FHLB and FRB stock	Level 2			3,427				3,427				3,148				3,148
Loans receivable, net	Level 2			1,120,211				1,102,667				1,129,505				1,116,352
Loans held for sale	Level 2			598				598				1,621				1,621
Accrued income receivable	Level 1			10,014				10,014				11,143				11,143
Financial liabilities:
Deposits	Level 2		$	1,842,755			$	1,845,493			$	1,716,446			$	1,720,023
Securities sold under agreements to repurchase	Level 1			41,421				41,421				37,293				37,293
FHLB advances	Level 2			3,000				3,080				3,000				3,111
Accrued interest payable	Level 1			635				635				829				829

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