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Note 7 - Loans Receivable and Credit Disclosures (Tables)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Schedule of Composition of Loans Receivable [Table Text Block]
  

2024

  

2023

 
         

Real estate - construction

 $65,812  $63,050 

Real estate - 1 to 4 family residential

  297,331   289,404 

Real estate - multi-family

  201,888   195,536 

Real estate - commercial

  355,073   359,266 

Real estate - agricultural

  157,914   161,517 

Commercial

  93,534   89,729 

Agricultural

  124,207   119,136 

Consumer and other

  17,114   16,540 
   1,312,873   1,294,178 

Unallocated portfolio layer basis adjustments1

  462   410 

Less allowance for credit losses

  (17,562)  (16,776)

Loans receivable, net

 $1,295,773  $1,277,812 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

Three Months Ended September 30, 2024

 
      

1-4 Family

                             
  

Construction

  

Residential

  

Multi-family

  

Commercial

  

Agricultural

          

Consumer

     
  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Commercial

  

Agricultural

  

and Other

  

Total

 

Balance, June 30, 2024

 $413  $3,349  $2,584  $5,530  $1,226  $1,912  $1,710  $479  $17,203 

Credit loss expense (benefit) 1

  151   400   (373)  (521)  333   413   5   (39)  369 

Recoveries of loans charged-off

  -   1   -   -   -   2   -   -   3 

Loans charged-off

  -   -   -   -   -   (4)  -   (9)  (13)

Balance, September 30, 2024

 $564  $3,750  $2,211  $5,009  $1,559  $2,323  $1,715  $431  $17,562 
  

Nine Months Ended September 30, 2024

 
      

1-4 Family

                             
  

Construction

  

Residential

  

Multi-family

  

Commercial

  

Agricultural

          

Consumer

     
  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Commercial

  

Agricultural

  

and Other

  

Total

 

Balance, December 31, 2023

 $408  $3,333  $2,542  $5,236  $1,238  $1,955  $1,607  $457  $16,776 

Credit loss expense (benefit) 1

  156   414   (331)  (227)  321   371   108   (20)  792 

Recoveries of loans charged-off

  -   3   -   -   -   4   -   3   10 

Loans charged-off

  -   -   -   -   -   (7)  -   (9)  (16)

Balance, September 30, 2024

 $564  $3,750  $2,211  $5,009  $1,559  $2,323  $1,715  $431  $17,562 
  

Three Months Ended September 30, 2023

 
      

1-4 Family

                             
  

Construction

  

Residential

  

Multi-family

  

Commercial

  

Agricultural

          

Consumer

     
  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Commercial

  

Agricultural

  

and Other

  

Total

 

Balance, June 30, 2023

 $412  $3,357  $2,524  $5,033  $1,214  $2,014  $1,358  $407  $16,319 

Credit loss expense (benefit) 1

  4   (100)  (29)  (35)  15   (142)  40   42   (205)

Recoveries of loans charged-off

  -   1   -   -   -   2   -   1   4 

Loans charged-off

  -   -   -   -   -   -   -   -   - 

Balance, September 30, 2023

 $416  $3,258  $2,495  $4,998  $1,229  $1,874  $1,398  $450  $16,118 

 

  

Nine Months Ended September 30, 2023

 
      

1-4 Family

                             
  

Construction

  

Residential

  

Multi-family

  

Commercial

  

Agricultural

          

Consumer

     
  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Real Estate

  

Commercial

  

Agricultural

  

and Other

  

Total

 

Balance, December 31, 2022

 $730  $3,028  $2,493  $4,742  $1,625  $1,153  $1,705  $221  $15,697 

Impact of adopting ASC 326

  (395)  242   (24)  513   (398)  449   (61)  192   518 

Credit loss expense (benefit) 1

  81   (15)  26   (262)  2   301   (82)  29   80 

Recoveries of loans charged-off

  -   3   -   5   -   8   -   8   24 

Loans charged-off

  -   -   -   -   -   (37)  (164)  -   (201)

Balance, September 30, 2023

 $416  $3,258  $2,495  $4,998  $1,229  $1,874  $1,398  $450  $16,118 
Financing Receivable, Amortized Cost [Table Text Block]
  

Primary Type of Collateral

 

September 30, 2024

 

Real Estate

  

Equipment

  

Other

  

Total

  

ACL Allocation

 
                     

Real estate - construction

 $62  $-  $-  $62  $- 

Real estate - 1 to 4 family residential

  500   -   -   500   40 

Real estate - multi-family

  2,020   -   -   2,020   - 

Real estate - commercial

  11,360   -   -   11,360   - 

Real estate - agricultural

  1,087   -   -   1,087   - 

Commercial

  108   763   934   1,805   559 

Agricultural

  218   9   396   623   36 

Consumer and other

  -   -   5   5   - 
                     
  $15,355  $772  $1,335  $17,462  $635 
  

Primary Type of Collateral

 

December 31, 2023

 

Real Estate

  

Equipment

  

Other

  

Total

  

ACL Allocation

 
                     

Real estate - construction

 $66  $-  $-  $66  $- 

Real estate - 1 to 4 family residential

  678   -   -   678   10 

Real estate - multi-family

  2,034   -   -   2,034   - 

Real estate - commercial

  8,993   -   -   8,993   - 

Real estate - agricultural

  449   -   -   449   - 

Commercial

  118   -   101   219   96 

Agricultural

  239   669   402   1,310   - 

Consumer and other

  -   -   -   -   - 
                     
  $12,577  $669  $503  $13,749  $106 
Financing Receivable, Nonaccrual [Table Text Block]
  

Total Nonaccrual

  

Nonaccrual with no ACL

 
  

September 30, 2024

  

December 31, 2023

  

September 30, 2024

  

December 31, 2023

 
                 

Real estate - construction

 $62  $66  $62  $66 

Real estate - 1 to 4 family residential

  500   678   431   563 

Real estate - multi-family

  2,020   2,034   2,020   2,034 

Real estate - commercial

  11,343   8,976   11,343   8,976 

Real estate - agricultural

  1,087   449   1,087   449 

Commercial

  1,842   268   908   172 

Agricultural

  634   1,310   598   1,310 

Consumer and other

  14   13   5   - 
                 
  $17,502  $13,794  $16,454  $13,570 
Financing Receivable, Modified With Term Extension [Table Text Block]

Loan Modifications Made to Borrowers Experiencing Financial Difficulty

 
         
  

Term Extension

 
  

Amortized Cost Basis at

  

% of Total Segment of

 
  

September 30, 2023

  

Financing Receivable

 

Loan Type

        

Agricultural

 $415   0.4%

Term Extension

Loan Type

 

Financial Effect

   

Agricultural

 

Added a weighted-average 7.7 years to the life of loans, which reduced monthly payment amounts for the borrowers

Financing Receivable, Past Due [Table Text Block]

2024

     

90 Days

              

90 Days

 
  

30-89

  

or Greater

  

Total

          

or Greater

 
  

Past Due

  

Past Due

  

Past Due

  

Current

  

Total

  

Accruing

 
                         

Real estate - construction

 $-  $63  $63  $65,749  $65,812  $- 

Real estate - 1 to 4 family residential

  1,803   69   1,872   295,459   297,331   - 

Real estate - multi-family

  -   1,232   1,232   200,656   201,888   - 

Real estate - commercial

  1,322   2,872   4,194   350,879   355,073   - 

Real estate - agricultural

  40   658   698   157,216   157,914   - 

Commercial

  1,107   440   1,547   91,987   93,534   - 

Agricultural

  103   56   159   124,048   124,207   - 

Consumer and other

  9   5   14   17,100   17,114   - 
                         
  $4,384  $5,395  $9,779  $1,303,094  $1,312,873  $- 

2023

     

90 Days

              

90 Days

 
  

30-89

  

or Greater

  

Total

          

or Greater

 
  

Past Due

  

Past Due

  

Past Due

  

Current

  

Total

  

Accruing

 
                         

Real estate - construction

 $359  $66  $425  $62,625  $63,050  $- 

Real estate - 1 to 4 family residential

  1,020   302   1,322   288,082   289,404   3 

Real estate - multi-family

  -   983   983   194,553   195,536   - 

Real estate - commercial

  119   106   225   359,041   359,266   106 

Real estate - agricultural

  -   -   -   161,517   161,517   - 

Commercial

  559   98   657   89,072   89,729   - 

Agricultural

  169   529   698   118,438   119,136   - 

Consumer and other

  16   -   16   16,524   16,540   - 
                         
  $2,242  $2,084  $4,326  $1,289,852  $1,294,178  $109 
Financing Receivable, Amortized Cost by Year of Origination [Table Text Block]

September 30, 2024

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving

  

Total

 

Real estate - construction

                                

Pass

 $24,540  $26,115  $12,647  $234  $11  $200  $1,261  $65,008 

Watch

  -   742   -   -   -   -   -   742 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Substandard-Impaired

  62   -   -   -   -   -   -   62 

Total

 $24,602  $26,857  $12,647  $234  $11  $200  $1,261  $65,812 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - 1-4 family residential

                                

Pass

 $36,288  $45,667  $60,482  $54,509  $43,266  $20,461  $20,241  $280,914 

Watch

  745   1,223   -   9,962   756   314   96   13,096 

Special Mention

  -   -   640   -   292   -   -   932 

Substandard

  -   442   -   1,310   46   91   -   1,889 

Substandard-Impaired

  373   -   -   69   -   58   -   500 

Total

 $37,406  $47,332  $61,122  $65,850  $44,360  $20,924  $20,337  $297,331 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - multi-family

                                

Pass

 $12,386  $19,421  $50,701  $32,524  $37,426  $12,783  $5,700  $170,941 

Watch

  6,568   -   -   20,135   -   -   -   26,703 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   2,225   -   -   2,225 

Substandard-Impaired

  787   983   -   -   -   249   -   2,019 

Total

 $19,741  $20,404  $50,701  $52,659  $39,651  $13,032  $5,700  $201,888 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - commercial

                                

Pass

 $26,710  $29,687  $74,840  $51,977  $66,679  $30,193  $4,689  $284,775 

Watch

  3,106   8,149   14,286   5,622   5,351   630   917   38,061 

Special Mention

  -   -   -   -   2,921   -   -   2,921 

Substandard

  -   835   -   16,119   -   1,018   -   17,972 

Substandard-Impaired

  -   7,944   2,518   -   527   355   -   11,344 

Total

 $29,816  $46,615  $91,644  $73,718  $75,478  $32,196  $5,606  $355,073 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - agricultural

                                

Pass

 $16,168  $17,718  $28,422  $30,027  $22,734  $23,396  $2,355  $140,820 

Watch

  343   4,204   375   1,551   2,482   3,554   -   12,509 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  1,414   2,276   -   92   -   -   -   3,782 

Substandard-Impaired

  -   -   -   803   -   -   -   803 

Total

 $17,925  $24,198  $28,797  $32,473  $25,216  $26,950  $2,355  $157,914 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

September 30, 2024

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving

  

Total

 

Commercial

                                

Pass

 $13,542  $11,659  $11,093  $8,225  $1,611  $3,331  $30,061  $79,522 

Watch

  746   6,961   233   14   272   157   2,560   10,943 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  1,199   -   28   -   -   -   -   1,227 

Substandard-Impaired

  387   47   -   1   500   67   840   1,842 

Total

 $15,874  $18,667  $11,354  $8,240  $2,383  $3,555  $33,461  $93,534 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $7  $-  $7 
                                 

Agricultural

                                

Pass

 $9,520  $6,967  $5,657  $4,129  $1,783  $733  $78,923  $107,712 

Watch

  2,080   567   348   322   363   186   11,079   14,945 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  1,159   23   -   -   37   -   -   1,219 

Substandard-Impaired

  -   89   -   222   -   -   20   331 

Total

 $12,759  $7,646  $6,005  $4,673  $2,183  $919  $90,022  $124,207 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Consumer and other

                                

Pass

 $4,915  $4,857  $2,667  $2,090  $1,711  $779  $69  $17,088 

Watch

  14   -   -   -   -   -   -   14 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Substandard-Impaired

  -   1   2   -   9   -   -   12 

Total

 $4,929  $4,858  $2,669  $2,090  $1,720  $779  $69  $17,114 
                                 

Current-period gross charge-offs

 $6  $-  $-  $-  $-  $3  $-  $9 
                                 

Total loans

                                

Pass

 $144,069  $162,091  $246,509  $183,715  $175,221  $91,876  $143,299  $1,146,780 

Watch

  13,602   21,846   15,242   37,606   9,224   4,841   14,652   117,013 

Special Mention

  -   -   640   -   3,213   -   -   3,853 

Substandard

  3,772   3,576   28   17,521   2,308   1,109   -   28,314 

Substandard-Impaired

  1,609   9,064   2,520   1,095   1,036   729   860   16,913 

Total

 $163,052  $196,577  $264,939  $239,937  $191,002  $98,555  $158,811  $1,312,873 
                                 

Current-period gross charge-offs

 $6  $-  $-  $-  $-  $10  $-  $16 

December 31, 2023

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving

  

Total

 

Real estate - construction

                                

Pass

 $45,404  $14,501  $746  $11  $-  $325  $1,917  $62,904 

Watch

  80   -   -   -   -   -   -   80 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Substandard-Impaired

  -   66   -   -   -   -   -   66 

Total

 $45,484  $14,567  $746  $11  $-  $325  $1,917  $63,050 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - 1-4 family residential

                                

Pass

 $55,051  $66,190  $59,250  $47,865  $8,607  $17,154  $18,649  $272,766 

Watch

  1,608   298   10,483   1,226   -   358   27   14,000 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  448   18   1,350   47   33   64   -   1,960 

Substandard-Impaired

  115   -   140   -   199   144   80   678 

Total

 $57,222  $66,506  $71,223  $49,138  $8,839  $17,720  $18,756  $289,404 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - multi-family

                                

Pass

 $18,436  $51,928  $47,161  $40,201  $13,542  $694  $5,020  $176,982 

Watch

  4,603   1,427   8,192   -   -   -   -   14,222 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   2,298   -   -   -   2,298 

Substandard-Impaired

  983   -   -   -   1,051   -   -   2,034 

Total

 $24,022  $53,355  $55,353  $42,499  $14,593  $694  $5,020  $195,536 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - commercial

                                

Pass

 $35,133  $81,342  $51,598  $66,467  $20,006  $13,122  $2,929  $270,597 

Watch

  8,379   13,580   14,669   14,607   78   583   2,988   54,884 

Special Mention

  -   2,531   11,853   3,006   1,043   -   -   18,433 

Substandard

  897   -   4,822   551   -   106   -   6,376 

Substandard-Impaired

  8,517   -   99   -   360   -   -   8,976 

Total

 $52,926  $97,453  $83,041  $84,631  $21,487  $13,811  $5,917  $359,266 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 
                                 

Real estate - agricultural

                                

Pass

 $22,469  $30,738  $32,893  $27,733  $6,039  $22,850  $2,073  $144,795 

Watch

  4,163   379   2,263   1,760   333   3,601   -   12,499 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  2,302   1,439   114   -   -   214   -   4,069 

Substandard-Impaired

  -   -   154   -   -   -   -   154 

Total

 $28,934  $32,556  $35,424  $29,493  $6,372  $26,665  $2,073  $161,517 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

December 31, 2023

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving

  

Total

 

Commercial

                                

Pass

 $23,904  $12,645  $10,378  $2,087  $2,434  $1,578  $29,752  $82,778 

Watch

  860   295   119   423   93   137   1,996   3,923 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  600   256   -   421   -   -   1,484   2,761 

Substandard-Impaired

  94   -   5   96   -   72   -   267 

Total

 $25,458  $13,196  $10,502  $3,027  $2,527  $1,787  $33,232  $89,729 
                                 

Current-period gross charge-offs

 $-  $-  $-  $33  $-  $4  $-  $37 
                                 

Agricultural

                                

Pass

 $14,614  $8,395  $5,459  $2,858  $400  $608  $77,448  $109,782 

Watch

  1,107   340   288   18   18   194   5,419   7,384 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  866   14   25   58   -   -   -   963 

Substandard-Impaired

  95   140   383   -   -   -   389   1,007 

Total

 $16,682  $8,889  $6,155  $2,934  $418  $802  $83,256  $119,136 
                                 

Current-period gross charge-offs

 $39  $74  $90  $-  $-  $-  $-  $203 
                                 

Consumer and other

                                

Pass

 $6,801  $3,719  $2,701  $2,071  $352  $731  $15  $16,390 

Watch

  127   -   -   -   -   -   -   127 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  10   -   -   -   -   -   -   10 

Substandard-Impaired

  -   -   -   13   -   -   -   13 

Total

 $6,938  $3,719  $2,701  $2,084  $352  $731  $15  $16,540 
                                 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $5  $-  $5 
                                 

Total loans

                                

Pass

 $221,812  $269,458  $210,186  $189,293  $51,380  $57,062  $137,803  $1,136,994 

Watch

  20,927   16,319   36,014   18,034   522   4,873   10,430   107,119 

Special Mention

  -   2,531   11,853   3,006   1,043   -   -   18,433 

Substandard

  5,123   1,727   6,311   3,375   33   384   1,484   18,437 

Substandard-Impaired

  9,804   206   781   109   1,610   216   469   13,195 

Total

 $257,666  $290,241  $265,145  $213,817  $54,588  $62,535  $150,186  $1,294,178 
                                 

Current-period gross charge-offs

 $39  $74  $90  $33  $-  $9  $-  $245