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Note O - Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2019
Notes Tables |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Fair Value Measurements at December 31, 2019, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government sponsored entity securities |  |  | ---- |  |  | $ | 16,736 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 88,582 |  |  |  | ---- |
Interest rate swap derivatives |  |  | ---- |  |  |  | 465 |  |  |  | ---- |
Interest rate swap derivatives |  |  | ---- |  |  |  | (465 | ) |  |  | ---- |
|  | Fair Value Measurements at December 31, 2018, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government sponsored entity securities |  |  | ---- |  |  | $ | 16,630 |  |  |  | ---- |
Agency mortgage-backed securities, residential |  |  | ---- |  |  |  | 85,534 |  |  |  | ---- |
Interest rate swap derivatives |  |  | ---- |  |  |  | 101 |  |  |  | ---- |
Interest rate swap derivatives |  |  | ---- |  |  |  | (101 | ) |  |  | ---- |
|  | Fair Value Measurements at December 31, 2019, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  | $ | ---- |  |  | $ | ---- |  |  | $ | 1,664 |
Commercial and Industrial |  |  | ---- |  |  |  | ---- |  |  |  | 4,559 |
|  | Fair Value Measurements at December 31, 2018, Using |
|  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  | $ | ---- |  |  | $ | ---- |  |  | $ | 264 |
Nonowner-occupied |  |  |  |  |  |  |  |  |  |  |  |
Other real estate owned: |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |
Construction |  |  | ---- |  |  |  | 228 |  |  |  | ---- |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
December 31, 2019 |  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Owner-occupied |  | $ | 1,644 |  | Sales approach |  | Adjustment to comparables |  |  | 0% | to | 20% |  |  |  | 9.7 | %
Commercial and Industrial |  |  | 4,559 |  | Sales approach |  | Adjustment to comparables |  |  | 0% | to | 61% |  |  |  | 10.3 | %
December 31, 2018 |  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range |  |  | (Weighted Average) |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonowner-occupied |  | $ | 264 |  | Sales approach |  | Adjustment to comparables |  |  | 6.8 | to | 66.7% |  |  |  | 18.0 | %
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  |  |  |  | Fair Value Measurements at December 31, 2019 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 52,356 |  |  | $ | 52,356 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 52,356 |
Certificates of deposit in financial institutions |  |  | 2,360 |  |  |  | ---- |  |  |  | 2,360 |  |  |  | ---- |  |  |  | 2,360 |
Securities available for sale |  |  | 105,318 |  |  |  | ---- |  |  |  | 105,318 |  |  |  | ---- |  |  |  | 105,318 |
Securities held to maturity |  |  | 12,033 |  |  |  | ---- |  |  |  | 6,446 |  |  |  | 5,958 |  |  |  | 12,404 |
Loans, net |  |  | 766,502 |  |  |  | ---- |  |  |  | ---- |  |  |  | 771,285 |  |  |  | 771,285 |
Interest rate swap derivatives |  |  | 465 |  |  |  | ---- |  |  |  | 465 |  |  |  | ---- |  |  |  | 465 |
Accrued interest receivable |  |  | 2,564 |  |  |  | ---- |  |  |  | 315 |  |  |  | 2,249 |  |  |  | 2,564 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 821,471 |  |  |  | 222,607 |  |  |  | 599,937 |  |  |  | ---- |  |  |  | 822,544 |
Other borrowed funds |  |  | 33,991 |  |  |  | ---- |  |  |  | 34,345 |  |  |  | ---- |  |  |  | 34,345 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 6,275 |  |  |  | ---- |  |  |  | 6,275 |
Interest rate swap derivatives |  |  | 465 |  |  |  | ---- |  |  |  | 465 |  |  |  | ---- |  |  |  | 465 |
Accrued interest payable |  |  | 1,589 |  |  |  | 3 |  |  |  | 1,586 |  |  |  | ---- |  |  |  | 1,589 |
|  |  |  |  |  | Fair Value Measurements at December 31, 2018 Using: |
|  | Carrying Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 71,180 |  |  | $ | 71,180 |  |  | $ | ---- |  |  | $ | ---- |  |  | $ | 71,180 |
Certificates of deposit in financial institutions |  |  | 2,065 |  |  |  | ---- |  |  |  | 2,065 |  |  |  | ---- |  |  |  | 2,065 |
Securities available for sale |  |  | 102,164 |  |  |  | ---- |  |  |  | 102,164 |  |  |  | ---- |  |  |  | 102,164 |
Securities held to maturity |  |  | 15,816 |  |  |  | ---- |  |  |  | 7,625 |  |  |  | 8,609 |  |  |  | 16,234 |
Loans, net |  |  | 770,324 |  |  |  | ---- |  |  |  | ---- |  |  |  | 766,784 |  |  |  | 766,784 |
Interest rate swap derivatives |  |  | 101 |  |  |  | ---- |  |  |  | 101 |  |  |  | ---- |  |  |  | 101 |
Accrued interest receivable |  |  | 2,638 |  |  |  | ---- |  |  |  | 312 |  |  |  | 2,326 |  |  |  | 2,638 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 846,704 |  |  |  | 237,821 |  |  |  | 607,593 |  |  |  | ---- |  |  |  | 845,414 |
Other borrowed funds |  |  | 39,713 |  |  |  | ---- |  |  |  | 37,644 |  |  |  | ---- |  |  |  | 37,644 |
Subordinated debentures |  |  | 8,500 |  |  |  | ---- |  |  |  | 7,054 |  |  |  | ---- |  |  |  | 7,054 |
Interest rate swap derivatives |  |  | 101 |  |  |  | ---- |  |  |  | 101 |  |  |  | ---- |  |  |  | 101 |
Accrued interest payable |  |  | 1,255 |  |  |  | 3 |  |  |  | 1,252 |  |  |  | ---- |  |  |  | 1,255 |

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