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Note 13 - Fair Value and Interest Rate Risk (Tables) | 9 Months Ended
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Sep. 30, 2020
Notes Tables |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
(In thousands) |  |  | September 30, 2020 |  |  | December 31, 2019 |
| Fair Value Hierarchy |  | Carrying Amount |  |  | Estimated Fair Value |  |  | Carrying Amount |  |  | Estimated Fair Value |
Financial Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and noninterest bearing balances due from banks | Level 1 |  | $ | 3,231 |  |  | $ | 3,231 |  |  | $ | 2,693 |  |  | $ | 2,693 |
Interest-bearing deposits due from banks | Level 1 |  |  | 46,405 |  |  |  | 46,405 |  |  |  | 36,711 |  |  |  | 36,711 |
Available-for-sale securities | Level 2 |  |  | 47,823 |  |  |  | 47,823 |  |  |  | 48,317 |  |  |  | 48,317 |
Other investments | Level 2 |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |
Federal Reserve Bank stock | Level 2 |  |  | 2,783 |  |  |  | 2,783 |  |  |  | 2,897 |  |  |  | 2,897 |
Federal Home Loan Bank stock | Level 2 |  |  | 4,503 |  |  |  | 4,503 |  |  |  | 4,477 |  |  |  | 4,477 |
Loans receivable, net | Level 3 |  |  | 740,127 |  |  |  | 729,924 |  |  |  | 802,049 |  |  |  | 793,559 |
Loans held for sale | Level 2 |  |  | 6,824 |  |  |  | 7,002 |  |  |  | 15,282 |  |  |  | 16,733 |
SBA servicing assets | Level 3 |  |  | 301 |  |  |  | 362 |  |  |  | 201 |  |  |  | 280 |
Accrued interest receivable | Level 2 |  |  | 6,834 |  |  |  | 6,834 |  |  |  | 3,603 |  |  |  | 3,603 |
Interest rate swap receivable | Level 2 |  |  | 1,303 |  |  |  | 1,303 |  |  |  | 694 |  |  |  | 694 |
Financial assets, total |  | $ | 864,584 |  |  | $ | 854,620 |  |  | $ | 921,374 |  |  | $ | 914,414 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Demand deposits | Level 2 |  | $ | 161,871 |  |  | $ | 161,871 |  |  | $ | 88,135 |  |  | $ | 88,135 |
Savings deposits | Level 2 |  |  | 91,169 |  |  |  | 91,169 |  |  |  | 64,020 |  |  |  | 64,020 |
Money market deposits | Level 2 |  |  | 142,909 |  |  |  | 142,909 |  |  |  | 99,115 |  |  |  | 99,115 |
NOW accounts | Level 2 |  |  | 29,518 |  |  |  | 29,518 |  |  |  | 26,864 |  |  |  | 26,864 |
Time deposits | Level 2 |  |  | 210,969 |  |  |  | 211,724 |  |  |  | 261,492 |  |  |  | 261,914 |
Brokered deposits | Level 1 |  |  | 90,995 |  |  |  | 91,521 |  |  |  | 229,909 |  |  |  | 230,073 |
FHLB borrowings | Level 2 |  |  | 90,000 |  |  |  | 97,786 |  |  |  | 100,000 |  |  |  | 103,962 |
Senior notes | Level 2 |  |  | 11,909 |  |  |  | 12,033 |  |  |  | 11,853 |  |  |  | 11,722 |
Subordinated debt | Level 2 |  |  | 9,774 |  |  |  | 10,145 |  |  |  | 9,752 |  |  |  | 9,747 |
Junior subordinated debt owed to unconsolidated trust | Level 2 |  |  | 8,108 |  |  |  | 8,108 |  |  |  | 8,102 |  |  |  | 8,102 |
Note payable | Level 3 |  |  | 1,044 |  |  |  | 1,059 |  |  |  | 1,193 |  |  |  | 1,129 |
Accrued interest payable | Level 2 |  |  | 1,091 |  |  |  | 1,091 |  |  |  | 1,971 |  |  |  | 1,971 |
Contingent consideration liability | Level 3 |  |  | 86 |  |  |  | 86 |  |  |  | 86 |  |  |  | 86 |
Interest rate swap liability | Level 2 |  |  | 1,303 |  |  |  | 1,303 |  |  |  | 694 |  |  |  | 694 |
Financial liabilities, total |  | $ | 850,746 |  |  | $ | 860,323 |  |  | $ | 903,186 |  |  | $ | 907,534 |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
(In thousands) |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |  |  | Total |
September 30, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency mortgage-backed securities |  | $ | - |  |  | $ | 15,705 |  |  | $ | - |  |  | $ | 15,705 |
Corporate bonds |  |  | - |  |  |  | 17,250 |  |  |  | - |  |  |  | 17,250 |
Subordinated notes |  |  | - |  |  |  | 9,013 |  |  |  | - |  |  |  | 9,013 |
SBA loan pools |  |  | - |  |  |  | 5,301 |  |  |  | - |  |  |  | 5,301 |
Municipal bonds |  |  | - |  |  |  | 554 |  |  |  | - |  |  |  | 554 |
Available-for-sale securities |  | $ | - |  |  | $ | 47,823 |  |  | $ | - |  |  | $ | 47,823 |
Contingent consideration liability |  | $ | - |  |  | $ | - |  |  | $ | 86 |  |  | $ | 86 |
Interest rate swap receivable |  | $ | - |  |  | $ | 1,303 |  |  | $ | - |  |  | $ | 1,303 |
Interest rate swap liability |  | $ | - |  |  | $ | 1,303 |  |  | $ | - |  |  | $ | 1,303 |
December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency mortgage-backed securities |  | $ | - |  |  | $ | 16,685 |  |  | $ | - |  |  | $ | 16,685 |
Corporate bonds |  |  | - |  |  |  | 17,313 |  |  |  | - |  |  |  | 17,313 |
Subordinated notes |  |  | - |  |  |  | 9,204 |  |  |  | - |  |  |  | 9,204 |
SBA loan pools |  |  | - |  |  |  | 5,115 |  |  |  | - |  |  |  | 5,115 |
Available-for-sale securities |  | $ | - |  |  | $ | 48,317 |  |  | $ | - |  |  | $ | 48,317 |
Impaired PCI Loans, net |  | $ | - |  |  | $ | - |  |  | $ | 176 |  |  | $ | 176 |
Contingent consideration liability |  | $ | - |  |  | $ | - |  |  | $ | 86 |  |  | $ | 86 |
Interest rate swap receivable |  | $ | - |  |  | $ | 694 |  |  | $ | - |  |  | $ | 694 |
Interest rate swap liability |  | $ | - |  |  | $ | 694 |  |  | $ | - |  |  | $ | 694 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
(In thousands) |  | Fair Value |  | Valuation Methodology |  | Unobservable Inputs |  | Range of Inputs |
September 30, 2020: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans, net |  | $ | 20,597 |  | Real Estate Appraisals |  | Discount for appraisal type |  | 8% | - | 20% |
Other Real Estate Owned |  |  | 1,954 |  | Real Estate Appraisals |  | Discount for appraisal type |  |  | 12% |  |
SBA servicing assets |  |  | 362 |  | Discounted Cash Flows |  | Market discount rates |  | 14.73% | - | 14.90% |
December 31, 2019: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans, net |  | $ | 18,132 |  | Real Estate Appraisals |  | Discount for appraisal type |  | 8% | - | 20% |
Other Real Estate Owned |  |  | 2,400 |  | Real Estate Appraisals |  | Discount for appraisal type |  |  | 12% |  |
SBA servicing assets |  |  | 280 |  | Discounted Cash Flows |  | Market discount rates |  | 14.73% | - | 14.90% |

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