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Note 8 - Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2021
Notes Tables |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Carrying Value |
(In thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
June 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 86,975 |  |  | $ | - |  |  | $ | 86,975 |
Agency CMO |  |  | - |  |  |  | 11,614 |  |  |  | - |  |  |  | 11,614 |
Agency notes and bonds |  |  | - |  |  |  | 109,551 |  |  |  | - |  |  |  | 109,551 |
Municipal obligations |  |  | - |  |  |  | 145,342 |  |  |  | - |  |  |  | 145,342 |
Total securities available for sale |  | $ | - |  |  | $ | 353,482 |  |  | $ | - |  |  | $ | 353,482 |
Equity securities |  | $ | 1,979 |  |  | $ | - |  |  | $ | - |  |  |  | 1,979 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential real estate |  | $ | - |  |  | $ | - |  |  | $ | 1,659 |  |  | $ | 1,659 |
Land |  |  | - |  |  |  | - |  |  |  | 146 |  |  |  | 146 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | 740 |  |  |  | 740 |
Commercial business |  |  | - |  |  |  | - |  |  |  | 190 |  |  |  | 190 |
Home equity and second mortgage |  |  | - |  |  |  | - |  |  |  | 391 |  |  |  | 391 |
Total impaired loans |  | $ | - |  |  | $ | - |  |  | $ | 3,126 |  |  | $ | 3,126 |
Loans held for sale |  | $ | - |  |  | $ | 5,353 |  |  | $ | - |  |  | $ | 5,353 |
Foreclosed real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential real estate |  | $ | - |  |  | $ | - |  |  | $ | 110 |  |  | $ | 110 |
Total foreclosed real estate |  | $ | - |  |  | $ | - |  |  | $ | 110 |  |  | $ | 110 |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 61,359 |  |  | $ | - |  |  | $ | 61,359 |
Agency CMO |  |  | - |  |  |  | 21,030 |  |  |  | - |  |  |  | 21,030 |
Agency notes and bonds |  |  | - |  |  |  | 81,531 |  |  |  | - |  |  |  | 81,531 |
Municipal obligations |  |  | - |  |  |  | 119,582 |  |  |  | - |  |  |  | 119,582 |
Total securities available for sale |  | $ | - |  |  | $ | 283,502 |  |  | $ | - |  |  | $ | 283,502 |
Equity securities |  | $ | 1,553 |  |  | $ | - |  |  | $ | - |  |  |  | 1,553 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential real estate |  | $ | - |  |  | $ | - |  |  | $ | 1,728 |  |  | $ | 1,728 |
Land |  |  | - |  |  |  | - |  |  |  | 97 |  |  |  | 97 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | 779 |  |  |  | 779 |
Commercial business |  |  | - |  |  |  | - |  |  |  | 211 |  |  |  | 211 |
Home equity and second mortgage |  |  | - |  |  |  | - |  |  |  | 353 |  |  |  | 353 |
Total impaired loans |  | $ | - |  |  | $ | - |  |  | $ | 3,168 |  |  | $ | 3,168 |
Loans held for sale |  | $ | - |  |  | $ | 7,941 |  |  | $ | - |  |  | $ | 7,941 |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  | Carrying |  |  | Fair |  |  | Fair Value Measurements Using |
(In thousands) |  | Value |  |  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
June 30, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 183,996 |  |  | $ | 183,996 |  |  | $ | 183,996 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 6,193 |  |  |  | 6,399 |  |  |  | - |  |  |  | 6,399 |  |  |  | - |
Securities available for sale |  |  | 353,482 |  |  |  | 353,482 |  |  |  | - |  |  |  | 353,482 |  |  |  | - |
Securities held to maturity |  |  | 2,000 |  |  |  | 2,025 |  |  |  | - |  |  |  | 2,025 |  |  |  | - |
Loans held for sale |  |  | 5,353 |  |  |  | 5,465 |  |  |  | - |  |  |  | 5,465 |  |  |  | - |
Loans, net |  |  | 484,750 |  |  |  | 488,324 |  |  |  | - |  |  |  | - |  |  |  | 488,324 |
FHLB and other restricted stock |  |  | 1,988 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,315 |  |  |  | 3,315 |  |  |  | - |  |  |  | 3,315 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,979 |  |  |  | 1,979 |  |  |  | 1,979 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 961,581 |  |  |  | 961,833 |  |  |  | - |  |  |  | - |  |  |  | 961,833 |
Accrued interest payable |  |  | 121 |  |  |  | 121 |  |  |  | - |  |  |  | 121 |  |  |  | - |
December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 175,888 |  |  | $ | 175,888 |  |  | $ | 175,888 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 6,396 |  |  |  | 6,687 |  |  |  | - |  |  |  | 6,687 |  |  |  | - |
Securities available for sale |  |  | 283,502 |  |  |  | 283,502 |  |  |  | - |  |  |  | 283,502 |  |  |  | - |
Loans held for sale |  |  | 7,941 |  |  |  | 8,101 |  |  |  | - |  |  |  | 8,101 |  |  |  | - |
Loans, net |  |  | 500,331 |  |  |  | 506,207 |  |  |  | - |  |  |  | - |  |  |  | 506,207 |
FHLB and other restricted stock |  |  | 1,988 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,434 |  |  |  | 3,434 |  |  |  | - |  |  |  | 3,434 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,553 |  |  |  | 1,553 |  |  |  | 1,553 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 900,461 |  |  |  | 901,073 |  |  |  | - |  |  |  | - |  |  |  | 901,073 |
Accrued interest payable |  |  | 153 |  |  |  | 153 |  |  |  | - |  |  |  | 153 |  |  |  | - |

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