XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.3

Note 5 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

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

Description		Total				Level 1				Level 2				Level 3
2024
Assets
Securities available-for-sale
U.S. government treasuries		$	178,783			$	178,783			$	-			$	-
U.S. government agencies			93,751				-				93,751				-
U.S. government mortgage-backed securities			93,906				-				93,906				-
State and political subdivisions			256,382				-				256,382				-
Corporate bonds			65,773				-				65,773				-
Loans receivable			8,252				-				8,252				-
Derivative financial instruments			1,097				-				1,097				-
Liabilities
Derivative financial instruments		$	878			$	-			$	878			$	-
2023
Assets
Securities available-for-sale
U.S. government treasuries		$	200,088			$	200,088			$	-			$	-
U.S. government agencies			92,615				-				92,615				-
U.S. government mortgage-backed securities			101,864				-				101,864				-
State and political subdivisions			269,891				-				269,891				-
Corporate bonds			71,931				-				71,931				-
Loans receivable			8,327				-				8,327				-
Derivative financial instruments			1,225				-				1,225				-
Liabilities
Derivative financial instruments		$	745			$	-			$	745			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2024
Collateral dependent loans		$	404			$	-			$	-			$	404
2023
Collateral dependent loans		$	105			$	-			$	-			$	105

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

		2024
		Estimated			Valuation	Unobservable
		Fair Value			Techniques	Inputs		Range
Collateral dependent loans		$	404		Fair value of collateral	Valuation adjustments			0% - 25%

		2023
		Estimated			Valuation	Unobservable
		Fair Value			Techniques	Inputs		Range
Collateral dependent loans		$	105		Fair value of collateral	Valuation adjustments			0% - 15%

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

			2024								2023
	Fair Value						Estimated								Estimated
	Hierarchy		Carrying				Fair				Carrying				Fair
	Level		Amount				Value				Amount				Value
Financial assets:
Cash and cash equivalents	Level 1		$	58,969			$	58,969			$	55,101			$	55,101
Interest-bearing time deposits	Level 1			6,167				5,924				8,904				8,444
Securities available-for-sale	See previous table			688,595				688,595				736,389				736,389
FHLB and FRB stock	Level 2			5,186				5,186				3,086				3,086
Loans receivable, net	Level 3			1,295,773				1,257,876				1,277,812				1,224,446
Loans held for sale	Level 2			338				338				124				124
Accrued income receivable	Level 1			15,261				15,261				12,953				12,953
Derivative financial instruments	Level 2			1,097				1,097				1,225				1,225
Financial liabilities:
Deposits	Level 2		$	1,801,721			$	1,804,339			$	1,811,831			$	1,812,718
Securities sold under agreements to repurchase	Level 1			42,756				42,756				53,994				53,994
Other borrowings	Level 2			83,101				83,177				110,588				110,376
Accrued interest payable	Level 1			3,045				3,045				4,710				4,710
Derivative financial instruments	Level 2			878				878				745				745

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://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 103
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-103

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ 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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ 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://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ 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
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

+ 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