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Note 13 - Fair Value and Interest Rate Risk (Tables) | 3 Months Ended
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Mar. 31, 2022
Notes Tables |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
(In thousands) |  |  | March 31, 2022 |  |  | December 31, 2021 |
| 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 |  | $ | 9,026 |  |  | $ | 9,026 |  |  | $ | 3,264 |  |  | $ | 3,264 |
Interest-bearing deposits due from banks | Level 1 |  |  | 35,290 |  |  |  | 35,290 |  |  |  | 43,781 |  |  |  | 43,781 |
Available-for-sale securities | Level 2 |  |  | 72,023 |  |  |  | 72,023 |  |  |  | 81,161 |  |  |  | 81,161 |
Available-for-sale securities | Level 3 |  |  | 11,237 |  |  |  | 11,237 |  |  |  | 13,180 |  |  |  | 13,180 |
Other investments | Level 2 |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |  |  |  | 4,450 |
Federal Reserve Bank stock | Level 2 |  |  | 2,869 |  |  |  | 2,869 |  |  |  | 2,843 |  |  |  | 2,843 |
Federal Home Loan Bank stock | Level 2 |  |  | 4,184 |  |  |  | 4,184 |  |  |  | 4,184 |  |  |  | 4,184 |
Loans receivable, net | Level 3 |  |  | 763,602 |  |  |  | 754,217 |  |  |  | 729,583 |  |  |  | 727,733 |
Loans held for sale | Level 2 |  |  | 5,820 |  |  |  | 6,506 |  |  |  | 3,129 |  |  |  | 3,506 |
SBA servicing assets | Level 3 |  |  | 626 |  |  |  | 660 |  |  |  | 584 |  |  |  | 617 |
Accrued interest receivable | Level 2 |  |  | 5,596 |  |  |  | 5,596 |  |  |  | 5,822 |  |  |  | 5,822 |
Interest rate swap receivable | Level 2 |  |  | 333 |  |  |  | 333 |  |  |  | 738 |  |  |  | 738 |
Financial assets, total |  | $ | 915,056 |  |  | $ | 906,391 |  |  | $ | 892,719 |  |  | $ | 891,279 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Demand deposits | Level 2 |  | $ | 237,825 |  |  | $ | 237,825 |  |  | $ | 226,713 |  |  | $ | 226,713 |
Savings deposits | Level 2 |  |  | 105,871 |  |  |  | 105,871 |  |  |  | 109,744 |  |  |  | 109,744 |
Money market deposits | Level 2 |  |  | 146,819 |  |  |  | 146,819 |  |  |  | 164,518 |  |  |  | 164,518 |
NOW accounts | Level 2 |  |  | 42,272 |  |  |  | 42,272 |  |  |  | 34,741 |  |  |  | 34,741 |
Time deposits | Level 2 |  |  | 212,138 |  |  |  | 209,462 |  |  |  | 195,830 |  |  |  | 195,048 |
Brokered deposits | Level 1 |  |  | 34,924 |  |  |  | 34,267 |  |  |  | 17,016 |  |  |  | 17,003 |
FHLB borrowings | Level 2 |  |  | 90,000 |  |  |  | 91,087 |  |  |  | 90,000 |  |  |  | 93,643 |
Senior notes | Level 2 |  |  | 12,000 |  |  |  | 12,002 |  |  |  | 12,000 |  |  |  | 12,045 |
Subordinated debt | Level 2 |  |  | 9,818 |  |  |  | 9,758 |  |  |  | 9,811 |  |  |  | 9,947 |
Junior subordinated debt owed to unconsolidated trust | Level 2 |  |  | 8,121 |  |  |  | 8,121 |  |  |  | 8,119 |  |  |  | 8,119 |
Note payable | Level 3 |  |  | 740 |  |  |  | 706 |  |  |  | 791 |  |  |  | 775 |
Accrued interest payable | Level 2 |  |  | 680 |  |  |  | 680 |  |  |  | 343 |  |  |  | 343 |
Interest rate swap liability | Level 2 |  |  | 333 |  |  |  | 333 |  |  |  | 738 |  |  |  | 738 |
Financial liabilities, total |  | $ | 901,541 |  |  | $ | 899,203 |  |  | $ | 870,364 |  |  | $ | 873,377 |
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 |
March 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency and mortgage-backed securities |  | $ | - |  |  | $ | 59,890 |  |  | $ | - |  |  | $ | 59,890 |
Corporate bonds |  |  | - |  |  |  | 3,495 |  |  |  | 11,237 |  |  |  | 14,732 |
Subordinated notes |  |  | - |  |  |  | 3,069 |  |  |  | - |  |  |  | 3,069 |
SBA loan pools |  |  | - |  |  |  | 5,055 |  |  |  | - |  |  |  | 5,055 |
Municipal bonds |  |  | - |  |  |  | 514 |  |  |  | - |  |  |  | 514 |
Available-for-sale securities |  | $ | - |  |  | $ | 72,023 |  |  | $ | 11,237 |  |  | $ | 83,260 |
Interest rate swap receivable |  | $ | - |  |  | $ | 333 |  |  | $ | - |  |  | $ | 333 |
Interest rate swap liability |  | $ | - |  |  | $ | 333 |  |  | $ | - |  |  | $ | 333 |
December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government agency and mortgage-backed securities |  | $ | - |  |  | $ | 66,629 |  |  | $ | - |  |  | $ | 66,629 |
Corporate bonds |  |  | - |  |  |  | 3,741 |  |  |  | 13,180 |  |  |  | 16,921 |
Subordinated notes |  |  | - |  |  |  | 4,626 |  |  |  | - |  |  |  | 4,626 |
SBA loan pools |  |  | - |  |  |  | 5,603 |  |  |  | - |  |  |  | 5,603 |
Municipal bonds |  |  | - |  |  |  | 562 |  |  |  | - |  |  |  | 562 |
Available-for-sale securities |  | $ | - |  |  | $ | 81,161 |  |  | $ | 13,180 |  |  | $ | 94,341 |
Interest rate swap receivable |  | $ | - |  |  | $ | 738 |  |  | $ | - |  |  | $ | 738 |
Interest rate swap liability |  | $ | - |  |  | $ | 738 |  |  | $ | - |  |  | $ | 738 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
(In thousands) |  |  |  |
|  | Three Months Ended March 31, 2022 |
Level 3 fair value, beginning of year |  | $ | 13,180 |
Purchases |  |  | - |
Realized gain (loss) |  |  | - |
Unrealized loss |  |  | (1,943 | )
Transfers in and /or out of Level 3 |  |  | - |
Level 3 fair value, end of year |  | $ | 11,237 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
(In thousands) |  | Fair Value |  | Valuation Methodology |  | Unobservable Inputs |  | Range of Inputs |
March 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans, net |  | $ | 20,939 |  | Real Estate Appraisals |  | Discount for appraisal type |  | 5.8% | - | 20% |
SBA servicing assets |  |  | 660 |  | Discounted Cash Flows |  | Market discount rates |  | 14.73% | - | 14.90% |
December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans, net |  | $ | 20,920 |  | Real Estate Appraisals |  | Discount for appraisal type |  | 5.8% | - | 20% |
SBA servicing assets |  |  | 617 |  | Discounted Cash Flows |  | Market discount rates |  | 14.73% | - | 14.90% |

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