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Note 4 - Loan Receivables and Allowance for Loan and Lease Losses (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

		March 31,				December 31,
(In thousands)		2022				2021
Loan portfolio segment:
Commercial Real Estate		$	413,104			$	365,247
Residential Real Estate			146,221				158,591
Commercial and Industrial			128,515				122,810
Consumer and Other			71,219				59,364
Construction			12,223				21,781
Construction to Permanent - CRE			2,057				11,695
Loans receivable, gross			773,339				739,488
Allowance for loan and lease losses			(9,737	)			(9,905	)
Loans receivable, net		$	763,602			$	729,583

Financing Receivable, Allowance for Credit Loss [Table Text Block]

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
Three months ended March 31, 2022
Allowance for loan and lease losses:
December 31, 2021		$	5,063			$	1,700			$	2,532			$	253			$	78			$	41			$	238			$	9,905
Charge-offs			-				-				(68	)			(47	)			(70	)			-				-				(185	)
Recoveries			-				1				15				1				-				-				-				17
Provisions (credits)			(174	)			(189	)			381				112				48				(32	)			(146	)			-
March 31, 2022		$	4,889			$	1,512			$	2,860			$	319			$	56			$	9			$	92			$	9,737
Three months ended March 31, 2021
Allowance for loan and lease losses:
December 31, 2020		$	4,485			$	1,379			$	3,284			$	295			$	739			$	162			$	240			$	10,584
Charge-offs			(42	)			(3	)			(209	)			(18	)			-				-				-				(272	)
Recoveries			-				-				12				102				-				-				-				114
Provisions (credits)			(289	)			533				537				3				(459	)			(85	)			(240	)			-
March 31, 2021		$	4,154			$	1,909			$	3,624			$	382			$	280			$	77			$	-			$	10,426

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
March 31, 2022
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,752			$	3			$	954			$	-			$	-			$	-			$	-			$	2,709
Collectively evaluated for impairment			3,137				1,509				1,906				319				56				9				92				7,028
Total allowance for loan and lease losses		$	4,889			$	1,512			$	2,860			$	319			$	56			$	9			$	92			$	9,737
Loans receivable, gross:
Individually evaluated for impairment		$	15,643			$	2,940			$	4,544			$	521			$	-			$	-			$	-			$	23,648
Collectively evaluated for impairment			397,461				143,281				123,971				70,698				12,223				2,057				-				749,691
Total loans receivable, gross		$	413,104			$	146,221			$	128,515			$	71,219			$	12,223			$	2,057			$	-			$	773,339

(In thousands)		Commercial Real Estate				Residential Real Estate				Commercial and Industrial				Consumer and Other				Construction				Construction to Permanent - CRE				Unallocated				Total
December 31, 2021
Allowance for loan and lease losses:
Individually evaluated for impairment		$	1,567			$	3			$	722			$	-			$	-			$	-			$	-			$	2,292
Collectively evaluated for impairment			3,496				1,697				1,810				253				78				41				238				7,613
Total allowance for loan losses		$	5,063			$	1,700			$	2,532			$	253			$	78			$	41			$	238			$	9,905
Loans receivable, gross:
Individually evaluated for impairment		$	15,704			$	2,954			$	4,031			$	523			$	-			$	-			$	-			$	23,212
Collectively evaluated for impairment			349,543				155,637				118,779				58,841				21,781				11,695				-				716,276
Total loans receivable, gross		$	365,247			$	158,591			$	122,810			$	59,364			$	21,781			$	11,695			$	-			$	739,488

Financing Receivable, Past Due [Table Text Block]

(In thousands)		Performing (Accruing) Loans
As of March 31, 2022:		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total Past Due				Current				Total Performing Loans				Non- accruing Loans				Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass		$	849			$	-			$	-			$	849			$	373,639			$	374,488			$	-			$	374,488
Special mention			-				-				-				-				20,384				20,384				-				20,384
Substandard			339				-				-				339				2,250				2,589				15,643				18,232
			1,188				-				-				1,188				396,273				397,461				15,643				413,104
Residential Real Estate:
Pass			-				-				-				-				141,695				141,695				-				141,695
Substandard			-				-				-				-				1,392				1,392				3,134				4,526
			-				-				-				-				143,087				143,087				3,134				146,221
Commercial and Industrial:
Pass			997				-				-				997				119,292				120,289				-				120,289
Special mention			-				-				-				-				1,435				1,435				-				1,435
Substandard			573				-				-				573				1,674				2,247				4,544				6,791
			1,570				-				-				1,570				122,401				123,971				4,544				128,515
Consumer and Other:
Pass			-				-				-				-				71,051				71,051				-				71,051
Substandard			-				-				-				-				23				23				145				168
			-				-				-				-				71,074				71,074				145				71,219
Construction:
Pass			-				-				-				-				12,223				12,223				-				12,223
			-				-				-				-				12,223				12,223				-				12,223
Construction to Permanent - CRE:
Pass			-				-				-				-				2,057				2,057				-				2,057
			-				-				-				-				2,057				2,057				-				2,057
Total		$	2,758			$	-			$	-			$	2,758			$	747,115			$	749,873			$	23,466			$	773,339
Loans receivable, gross:
Pass		$	1,846			$	-			$	-			$	1,846			$	719,957			$	721,803			$	-			$	721,803
Special mention			-				-				-				-				21,819				21,819				-				21,819
Substandard			912				-				-				912				5,339				6,251				23,466				29,717
Loans receivable, gross		$	2,758			$	-			$	-			$	2,758			$	747,115			$	749,873			$	23,466			$	773,339

(In thousands)		Performing (Accruing) Loans
As of December 31, 2021:		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total Past Due				Current				Total Performing Loans				Non- accruing Loans				Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass		$	696			$	-			$	-			$	696			$	324,858			$	325,554			$	-			$	325,554
Special mention			-				-				-				-				16,625				16,625				-				16,625
Substandard			-				-				-				-				7,364				7,364				15,704				23,068
			696				-				-				696				348,847				349,543				15,704				365,247
Residential Real Estate:
Pass			-				-				-				-				154,044				154,044				-				154,044
Special mention			-				-				-				-				1,399				1,399				-				1,399
Substandard			-				-				-				-				-				-				3,148				3,148
			-				-				-				-				155,443				155,443				3,148				158,591
Commercial and Industrial:
Pass			243				-				-				243				114,306				114,549				-				114,549
Special mention			-				-				-				-				1,951				1,951				-				1,951
Substandard			-				-				-				-				2,209				2,209				4,101				6,310
			243				-				-				243				118,466				118,709				4,101				122,810
Consumer and Other:
Pass			-				26				2				28				59,171				59,199				-				59,199
Substandard			-				-				-				-				23				23				142				165
			-				26				2				28				59,194				59,222				142				59,364
Construction:
Pass			-				-				-				-				21,781				21,781				-				21,781
			-				-				-				-				21,781				21,781				-				21,781
Construction to Permanent - CRE:
Pass			-				-				-				-				11,695				11,695				-				11,695
			-				-				-				-				11,695				11,695				-				11,695
Total		$	939			$	26			$	2			$	967			$	715,426			$	716,393			$	23,095			$	739,488
Loans receivable, gross:
Pass		$	939			$	26			$	2			$	967			$	685,855			$	686,822			$	-			$	686,822
Special mention			-				-				-				-				19,975				19,975				-				19,975
Substandard			-				-				-				-				9,596				9,596				23,095				32,691
Loans receivable, gross		$	939			$	26			$	2			$	967			$	715,426			$	716,393			$	23,095			$	739,488

Financing Receivable, Nonaccrual [Table Text Block]

(In thousands)		Non-accruing Loans
		30 - 59 Days Past Due				60 - 89 Days Past Due				90 Days or Greater Past Due				Total Past Due				Current				Total Non-accruing Loans
As of March 31, 2022:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	6,787			$	6,787			$	8,856			$	15,643
Residential Real Estate:
Substandard			696				-				2,419				3,115				19				3,134
Commercial and Industrial:
Substandard			-				118				3,292				3,410				1,134				4,544
Consumer and Other:
Substandard			-				-				121				121				24				145
Total non-accruing loans		$	696			$	118			$	12,619			$	13,433			$	10,033			$	23,466
As of December 31, 2021:
Loan portfolio segment:
Commercial Real Estate:
Substandard		$	-			$	-			$	15,704			$	15,704			$	-			$	15,704
Residential Real Estate:
Substandard			-				-				2,419				2,419				729				3,148
Commercial and Industrial:
Substandard			-				491				2,458				2,949				1,152				4,101
Consumer and Other:
Substandard			-				94				28				122				20				142
Total non-accruing loans		$	-			$	585			$	20,609			$	21,194			$	1,901			$	23,095

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

(In thousands)		March 31, 2022								December 31, 2021
Loan portfolio segment:		Number of Loans				Recorded Investment				Number of Loans				Recorded Investment
Commercial Real Estate			1			$	8,856				1			$	8,884
Residential Real Estate			3				856				3				870
Consumer and Other			3				637				3				640
Total TDR Loans			7				10,349				7				10,394
Less:
TDRs included in non-accrual loans			3				(9,646	)			3				(9,688	)
Total accrual TDR Loans			4			$	703				4			$	706

Impaired Financing Receivables [Table Text Block]

(In thousands)		March 31, 2022												December 31, 2021
		Recorded Investment				Principal Outstanding				Related Allowance				Recorded Investment				Principal Outstanding				Related Allowance
With no related allowance recorded:
Commercial Real Estate		$	6,787			$	7,765			$	-			$	6,820			$	7,776			$	-
Residential Real Estate			2,834				2,758				-				2,847				2,763				-
Commercial and Industrial			612				743				-				630				758				-
Consumer and Other			521				521				-				523				523				-
			10,754				11,787				-				10,820				11,820				-
With a related allowance recorded:
Commercial Real Estate		$	8,856			$	8,805			$	1,752				8,884				8,811				1,567
Residential Real Estate			3,932				4,592				954				461				488				8
Commercial and Industrial			460				486				7				3,471				3,916				723
Consumer and Other			167				201				2				166				201				1
			13,415				14,084				2,715				12,982				13,416				2,299
Impaired Loans, Total:
Commercial Real Estate			15,643				16,570				1,752				15,704				16,587				1,567
Residential Real Estate			6,766				7,350				954				3,308				3,251				8
Commercial and Industrial			1,072				1,229				7				4,101				4,674				723
Consumer and Other			688				722				2				689				724				1
Impaired Loans, Total		$	24,169			$	25,871			$	2,715			$	23,802			$	25,236			$	2,299

		Three Months Ended March 31,
(In thousands)		2022								2021
		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate		$	6,806			$	32			$	6,078			$	-
Residential Real Estate			2,840				8				4,248				13
Commercial and Industrial			621				4				2,745				46
Consumer and Other			522				4				945				6
			10,789				48				14,016				65
With a related allowance recorded:
Commercial Real Estate			8,873				25				8,813				-
Residential Real Estate			1,328				21				190				3
Commercial and Industrial			2,738				2				462				26
Consumer and Other			165				1				47				2
			13,104				49				9,512				31
Impaired Loans, Total:
Commercial Real Estate			15,679				57				14,891				-
Residential Real Estate			4,168				29				4,438				16
Commercial and Industrial			3,359				6				3,207				72
Consumer and Other			687				5				992				8
Impaired Loans, Total		$	23,893			$	97			$	23,528			$	96

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