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Note 4 - Loans Receivable and Credit Disclosures (Tables)
 12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Composition of Loans Receivable [Table Text Block]
  

2024

  

2023

 
         

Real estate - construction

 $59,281  $63,050 

Real estate - 1 to 4 family residential

  309,704   289,404 

Real estate - multi-family

  200,209   195,536 

Real estate - commercial

  350,493   359,266 

Real estate - agricultural

  159,880   161,517 

Commercial

  90,023   89,729 

Agricultural

  134,157   119,136 

Consumer and other

  17,066   16,540 
   1,320,813   1,294,178 

Unallocated portfolio layer basis adjustments1

  162   410 

Less allowance for credit losses

  (17,058)  (16,776)

Total loans receivable, net

 $1,303,917  $1,277,812 
Schedule of Allowance for Loan Losses [Table Text Block]
  

2024

  

2023

 
         

Balance, beginning

 $16,776  $15,697 

Impact of adopting ASC 326

  -   518 

Credit loss expense (benefit) 1

  735   774 

Recoveries of loans charged-off

  30   32 

Loans charged-off

  (483)  (245)

Balance, ending

 $17,058  $16,776 
Financing Receivable, Allowance for Credit Loss [Table Text Block]

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, beginning

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

Credit loss expense (benefit)

  74   544   (354)  (304)  346   268   198   (37)  735 

Recoveries of loans charged-off

  -   13   -   -   -   10   -   7   30 

Loans charged-off

  -   -   -   -   -   (474)  -   (9)  (483)

Balance, ending

 $482  $3,890  $2,188  $4,932  $1,584  $1,759  $1,805  $418  $17,058 

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, beginning

 $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)

  73   58   73   (24)  11   381   161   41   774 

Recoveries of loans charged-off

  -   5   -   5   -   9   5   8   32 

Loans charged-off

  -   -   -   -   -   (37)  (203)  (5)  (245)

Balance, ending

 $408  $3,333  $2,542  $5,236  $1,238  $1,955  $1,607  $457  $16,776 
Financing Receivable, Amortized Cost [Table Text Block]
   

Primary Type of Collateral

 

December 31, 2024

  

Real Estate

   

Equipment

   

Other

   

Total

   

ACL Allocation

 
                     

Real estate - construction

 $

62

  $

 -

  $

 -

  $

62

  $

 -

 

Real estate - 1 to 4 family residential

  

696

   

-

   

-

   

696

   

40

 

Real estate - multi-family

  

947

   

-

   

-

   

947

   

-

 

Real estate - commercial

  

10,785

   

-

   

-

   

10,785

   

-

 

Real estate - agricultural

  

420

   

-

   

-

   

420

   

-

 

Commercial

  

460

   

398

   

405

   

1,263

   

50

 

Agricultural

  

213

   

-

   

357

   

570

   

-

 

Consumer and other

  

-

   

-

   

3

   

3

   

-

 
                     
  $

13,583

  $

398

  $

765

  $

14,746

  $

90

 
   

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, Amortized Cost by Year of Origination [Table Text Block]

December 31, 2024

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving

  

Total

 

Real estate - construction

                                

Pass

 $37,743  $16,689  $1,640  $228  $11  $161  $1,991  $58,463 

Watch

  756   -   -   -   -   -   -   756 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Substandard-Impaired

  62   -   -   -   -   -   -   62 

Total

 $38,561  $16,689  $1,640  $228  $11  $161  $1,991  $59,281 
                                 

Current-period gross writeoffs

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

Real estate - 1-4 family residential

                                

Pass

 $46,850  $44,736  $66,864  $52,746  $41,574  $18,767  $21,325  $292,862 

Watch

  1,233   1,212   91   9,535   1,003   303   95   13,472 

Special Mention

  -   -   639   -   289   -   -   928 

Substandard

  -   424   -   1,230   -   90   -   1,744 

Substandard-Impaired

  568   -   -   70   -   60   -   698 

Total

 $48,651  $46,372  $67,594  $63,581  $42,866  $19,220  $21,420  $309,704 
                                 

Current-period gross writeoffs

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

Real estate - multi-family

                                

Pass

 $15,316  $20,441  $49,932  $31,822  $36,556  $10,771  $5,735  $170,573 

Watch

  6,517   -   -   19,971   -   -   -   26,488 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   2,200   -   -   2,200 

Substandard-Impaired

  948   -   -   -   -   -   -   948 

Total

 $22,781  $20,441  $49,932  $51,793  $38,756  $10,771  $5,735  $200,209 
                                 

Current-period gross writeoffs

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

Real estate - commercial

                                

Pass

 $37,014  $30,228  $71,779  $51,164  $53,722  $26,685  $3,995  $274,587 

Watch

  4,749   5,429   14,982   5,484   6,005   548   241   37,438 

Special Mention

  -   -   -   -   2,893   -   -   2,893 

Substandard

  828   2,637   -   15,978   4,355   1,009   -   24,807 

Substandard-Impaired

  513   7,753   2,502   -   -   -   -   10,768 

Total

 $43,104  $46,047  $89,263  $72,626  $66,975  $28,242  $4,236  $350,493 
                                 

Current-period gross writeoffs

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

Real estate - agricultural

                                

Pass

 $20,951  $17,331  $28,074  $29,180  $21,796  $22,366  $2,562  $142,260 

Watch

  1,994   5,259   373   1,541   2,813   3,477   -   15,457 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   1,275   -   746   -   -   -   2,021 

Substandard-Impaired

  -   -   -   142   -   -   -   142 

Total

 $22,945  $23,865  $28,447  $31,609  $24,609  $25,843  $2,562  $159,880 
                                 

Current-period gross writeoffs

 $-  $-  $-  $-  $-  $-  $-  $- 

December 31, 2024

 

Amortized Cost Basis of Term Loans by Year of Origination

         
  

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving

  

Total

 

Commercial

                                

Pass

 $14,729  $10,589  $10,677  $7,405  $1,475  $3,298  $28,192  $76,365 

Watch

  726   6,926   215   -   244   136   2,138   10,385 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  1,150   -   24   -   -   -   800   1,974 

Substandard-Impaired

  782   45   -   1   -   65   406   1,299 

Total

 $17,387  $17,560  $10,916  $7,406  $1,719  $3,499  $31,536  $90,023 
                                 

Current-period gross writeoffs

 $465  $-  $-  $-  $-  $9  $-  $474 
                                 

Agricultural

                                

Pass

 $14,463  $5,547  $5,057  $3,499  $1,429  $503  $85,222  $115,720 

Watch

  1,822   563   356   261   8   186   12,249   15,445 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  1,159   -   -   72   380   -   1,113   2,724 

Substandard-Impaired

  -   54   -   214   -   -   -   268 

Total

 $17,444  $6,164  $5,413  $4,046  $1,817  $689  $98,584  $134,157 
                                 

Current-period gross writeoffs

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

Consumer and other

                                

Pass

 $5,845  $4,451  $2,435  $1,931  $1,608  $758  $11  $17,039 

Watch

  15   -   -   -   -   -   -   15 

Special Mention

  -   -   -   -   -   -   -   - 

Substandard

  -   -   -   -   -   -   -   - 

Substandard-Impaired

  1   -   3   -   8   -   -   12 

Total

 $5,861  $4,451  $2,438  $1,931  $1,616  $758  $11  $17,066 
                                 

Current-period gross writeoffs

 $9  $-  $-  $-  $-  $-  $-  $9 
                                 

Total loans

                                

Pass

 $192,911  $150,012  $236,458  $177,975  $158,171  $83,309  $149,033  $1,147,869 

Watch

  17,812   19,389   16,017   36,792   10,073   4,650   14,723   119,456 

Special Mention

  -   -   639   -   3,182   -   -   3,821 

Substandard

  3,137   4,336   24   18,026   6,935   1,099   1,913   35,470 

Substandard-Impaired

  2,874   7,852   2,505   427   8   125   406   14,197 

Total

 $216,734  $181,589  $255,643  $233,220  $178,369  $89,183  $166,075  $1,320,813 
                                 

Current-period gross writeoffs

 $474  $-  $-  $-  $-  $9  $-  $483 

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

 
Financing Receivable, Nonaccrual [Table Text Block]
  

Total Nonaccrual

  

Nonaccrual with no ACL

 
  

December 31, 2024

  

December 31, 2023

  

December 31, 2024

  

December 31, 2023

 
                 

Real estate - construction

 $62  $66  $62  $66 

Real estate - 1 to 4 family residential

  696   678   626   563 

Real estate - multi-family

  947   2,034   947   2,034 

Real estate - commercial

  10,768   8,976   10,768   8,976 

Real estate - agricultural

  420   449   420   449 

Commercial

  1,298   268   893   172 

Agricultural

  570   1,310   570   1,310 

Consumer and other

  11   13   3   - 
                 
  $14,772  $13,794  $14,289  $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 Class of

 
  

December 31, 2023

  

Financing Receivable

 

Loan Type

        

Agricultural

 $336   0.3%

Term Extension

Loan Type

 

Financial Effect

   

Agricultural

 

Added a weighted-average 8 years to the life of loans, which reduced monthly payment amounts for the borrowers
Financing Receivable, Past Due [Table Text Block]

2024:

 

30-89

  

90 Days

              

90 Days

 
  

Days

  

or Greater

  

Total

          

or Greater

 
  

Past Due

  

Past Due

  

Past Due

  

Current

  

Total

  

Accruing

 
                         

Real estate - construction

 $-  $63  $63  $59,218  $59,281  $- 

Real estate - 1 to 4 family residential

  1,744   204   1,948   307,756   309,704   23 

Real estate - multi-family

  -   -   -   200,209   200,209   - 

Real estate - commercial

  332   2,501   2,833   347,660   350,493   - 

Real estate - agricultural

  651   660   1,311   158,569   159,880   660 

Commercial

  288   356   644   89,379   90,023   - 

Agricultural

  68   53   121   134,036   134,157   53 

Consumer and other

  5   -   5   17,061   17,066   - 
                         

Total

 $3,088  $3,837  $6,925  $1,313,888  $1,320,813  $736 

2023:

 

30-89

  

90 Days

              

90 Days

 
  

Days

  

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   - 
                         

Total

 $2,242  $2,084  $4,326  $1,289,852  $1,294,178  $109 
Schedule of Loan Transactions With Related Parties [Table Text Block]
  

2024

  

2023

 
         

Balance, beginning of year

 $15,960  $16,680 

New loans

  10,566   9,480 

Repayments

  (10,875)  (10,269)

Change in status

  -   69 

Balance, end of year

 $15,651  $15,960