XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2

Note 5 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

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

Description		Total				Level 1				Level 2				Level 3
2022
Assets
Securities available-for-sale
U.S. government treasuries		$	208,086			$	208,086			$	-			$	-
U.S. government agencies			103,643				-				103,643				-
U.S. government mortgage-backed securities			118,357				-				118,357				-
State and political subdivisions			280,489				-				280,489				-
Corporate bonds			73,392				-				73,392				-
Derivative financial instruments			1,165				-				1,165				-
2021
Assets
Securities available-for-sale
U.S. government treasuries		$	190,479			$	190,479			$	-			$	-
U.S. government agencies			116,014				-				116,014				-
U.S. government mortgage-backed securities			149,601				-				149,601				-
State and political subdivisions			292,859				-				292,859				-
Corporate bonds			82,050				-				82,050				-
Liabilities
Derivative financial instruments		$	527			$	-			$	527			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2022
Loans receivable		$	8,885			$	-			$	-			$	8,885
2021
Loans receivable		$	9,012			$	-			$	-			$	9,012
Other real estate owned			218				-				-				218
Total		$	9,230			$	-			$	-			$	9,230

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

		2022
		Estimated			Valuation			Range
		Fair Value			Techniques	Unobservable Inputs		(Average)
Loans receivable		$	8,885		Evaluation of collateral	Estimation of value		NM*

2021

Estimated

Valuation

Range

Fair Value

Techniques

Unobservable Inputs

(Average)

Loans receivable

$

9,012

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]

			2022								2021
	Fair Value						Estimated								Estimated
	Hierarchy		Carrying				Fair				Carrying				Fair
	Level		Amount				Value				Amount				Value
Financial assets:
Cash and cash equivalents	Level 1		$	29,255			$	29,255			$	89,129			$	89,129
Interest-bearing time deposits	Level 1			15,410				15,410				16,922				16,922
Securities available-for-sale	See previous table			783,967				783,967				831,003				831,003
FHLB and FRB stock	Level 2			4,141				4,141				3,422				3,422
Loans receivable, net	Level 2			1,175,247				1,120,219				1,144,108				1,112,684
Loans held for sale	Level 2			467				467				-				-
Accrued income receivable	Level 1			12,073				12,073				10,124				10,124
Derivative financial instruments	Level 2			1,165				1,165				-				-
Financial liabilities:
Deposits	Level 2		$	1,873,011			$	1,871,699			$	1,878,019			$	1,880,137
Securities sold under agreements to repurchase	Level 1			41,069				41,069				39,851				39,851
FHLB advances and other borrowings	Level 2			27,450				27,310				3,000				3,071
Accrued interest payable	Level 1			319				319				353				353
Derivative financial instruments	Level 2			-				-				527				527

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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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 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

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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 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 (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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 https://asc.fasb.org/extlink&oid=123594938&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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