Note 3 - Loans and Allowance for Credit Losses (Tables)

3 Months Ended

Sep. 30, 2023

Notes Tables

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

	September 30, 2023			June 30, 2023
Commercial & Industrial	$	111,235		$	112,558
Commercial real estate:
Owner occupied		154,688			151,005
Non-owner occupied		143,341			140,002
Farmland		40,610			40,606
Land Development		9,396			11,004
1 – 4 family residential real estate		189,501			189,312
Consumer		68,948			65,617
Subtotal		717,719			710,104
Unamortized deferred loan costs, net		202			258
Allowance for credit losses		(7,782	)		(7,724	)
Net Loans	$	710,139		$	702,638

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

													1-4 Family
	Commercial			Commercial									Residential
	&			Real						Land			Real
	Industrial			Estate			Farmland			Development			Estate			Consumer			Total
ACL beginning balance	$	1,308		$	3,943		$	—		$	—		$	1,571		$	902		$	7,724
Cumulative effect of change in accounting principle		(455	)		(53	)		93			398			166			(97	)		52
Provision for expected credit losses		121			61			(2	)		(132	)		(99	)		91			40
Charge-offs		—			—			—			—			—			(106	)		(106	)
Recoveries		—			—			—			—			—			72			72
ACL ending balance	$	974		$	3,951		$	91		$	266		$	1,638		$	862		$	7,782

					1-4 Family
	Commercial		Commercial		Residential
	&		Real		Real
	Industrial		Estate		Estate			Consumer			Total
Allowance for loan losses:
Beginning balance	$	960	$	3,927	$	1,645		$	628		$	7,160
Provision for loan losses		61		145		35			169			410
Loans charged-off		—		—		(6	)		(72	)		(78	)
Recoveries		—		—		2			52			54
Total ending allowance balance	$	1,021	$	4,072	$	1,676		$	777		$	7,546

					1-4 Family
	Commercial		Commercial		Residential
	&		Real		Real
	Industrial		Estate		Estate		Consumer		Total
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—
Acquired loans collectively evaluated for impairment		—		40		74		—		114
Originated loans collectively evaluated for impairment		1,308		3,903		1,497		902		7,610
Total ending allowance balance	$	1,308	$	3,943	$	1,571	$	902	$	7,724
Recorded investment in loans:
Loans individually evaluated for impairment	$	314	$	88	$	3	$	—	$	405
Acquired loans collectively evaluated for impairment		622		6,953		23,038		1,230		31,843
Originated loans collectively evaluated for impairment		111,890		335,660		167,798		64,364		679,712
Total ending loans balance	$	112,826	$	342,701	$	190,839	$	65,594	$	711,960

Financing Receivable, Nonaccrual [Table Text Block]

	September 30, 2023
					Interest Income
	Non-accrual		Total		Recognized during
	loans with		Non-accrual		the period on
	no ACL		loans		non-accrual loans
Commercial real estate:
Owner occupied	$	51	$	51	$	—
1 – 4 family residential real estate		142		142		—
Total	$	193	$	193	$	—

	June 30, 2023 Non-accrual
Commercial Real Estate:
Other	$	51
1 – 4 family residential:
Non-owner occupied		3
Total	$	54

Financing Receivable, Past Due [Table Text Block]

													Loans 90
	Days Past Due												Days Past
	30 – 59		60 - 89		90 Days or		Total		Loans Not				Due and
	Days		Days		Greater		Past Due		Past Due		Total		Accruing
Commercial & Industrial	$	26	$	—	$	—	$	26	$	111,282	$	111,308	$	—
Commercial real estate:
Owner occupied		—		—		51		51		154,374		154,425		—
Non-owner occupied		—		—		—		—		143,017		143,017		—
Farmland										40,509		40,509		—
Land development		—		—		—		—		9,373		9,373		—
1 – 4 family residential real estate		15		—		160		175		190,388		190,563		18
Consumer		580		168		80		828		67,898		68,726		80
Total	$	621	$	168	$	291	$	1,080	$	716,841	$	717,921	$	98

													Loans 90
	Days Past Due												Days Past
	30 – 59		60 - 89		90 Days or		Total		Loans Not				Due and
	Days		Days		Greater		Past Due		Past Due		Total		Accruing
Commercial & Industrial	$	—	$	—	$	—	$	—	$	112,826	$	112,826	$	—
Commercial real estate:
Construction		—		—		—		—		23,996		23,996		—
Other		—		—		51		51		318,654		318,705		—
1-4 family residential:
Owner occupied		17		124		—		141		158,296		158,437		—
Non-owner occupied		—		—		3		3		23,885		23,888		—
Construction		—		—		—		—		8,514		8,514		—
Consumer		438		120		50		608		64,986		65,594		50
Total	$	455	$	244	$	104	$	803	$	711,157	$	711,960	$	50

Financing Receivable Credit Quality Indicators [Table Text Block]

													Revolving		Revolving
													Loans		Loans
	Term Loans by Origination Year												Amortized		Converted
	2024		2023		2022		2021		2020		Prior		Cost Basis		To Term		Total
Commercial & Industrial
Pass	$	13,175	$	29,099	$	32,109	$	9,319	$	4,716	$	5,937	$	15,284	$	—	$	109,639
Special Mention		—		—		440		44		17		47		573		—		1,121
Substandard		—		—		—		—		—		16		532		—		548
Doubtful		—		—		—		—		—		—		—		—		—
Total Commercial & Industrial	$	13,175	$	29,099	$	32,549	$	9,363	$	4,733	$	6,000	$	16,389	$	—	$	111,308
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial real estate:
Owner occupied:
Pass	$	5,495	$	19,460	$	34,629	$	23,581	$	15,786	$	44,807	$	7,458	$	—	$	151,216
Special Mention		—		—		—		39		915		1,634		151		—		2,739
Substandard		—		—		—		—		—		419		—		—		419
Doubtful		—		—		—		—		—		51		—		—		51
Total owner occupied	$	5,495	$	19,460	$	34,629	$	23,620	$	16,701	$	46,911	$	7,609	$	—	$	154,425
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Non-owner occupied:
Pass	$	1,947	$	38,625	$	22,967	$	25,701	$	13,202	$	36,344	$	784	$	—	$	139,570
Special Mention		—		—		—		3,447		—		—		—		—		3,447
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total non-owner occupied	$	1,947	$	38,625	$	22,967	$	29,148	$	13,202	$	36,344	$	784	$	—	$	143,017
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Farmland:
Pass	$	405	$	6,469	$	6,023	$	5,644	$	2,426	$	17,631	$	1,063	$	—	$	39,661
Special Mention		—		—		—		—		—		848		—		—		848
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total Farmland	$	405	$	6,469	$	6,023	$	5,644	$	2,426	$	18,479	$	1,063	$	—	$	40,509
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Land Development:
Pass	$	110	$	2,027	$	1,066	$	537	$	388	$	614	$	4,631	$	—	$	9,373
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total Land Development	$	110	$	2,027	$	1,066	$	537	$	388	$	614	$	4,631	$	—	$	9,373
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total:
Pass	$	21,132	$	95,680	$	96,794	$	64,782	$	36,518	$	105,333	$	29,220	$	—	$	449,459
Special Mention		—		—		440		3,530		932		2,529		724		—		8,155
Substandard		—		—		—		—		—		435		532		—		967
Doubtful		—		—		—		—		—		51		—		—		51
Total	$	21,132	$	95,680	$	97,234	$	68,312	$	37,450	$	108,348	$	30,476	$	—	$	458,632

													Revolving		Revolving
													Loans		Loans
	Term Loans by Origination Year												Amortized		Converted
	2024		2023		2022		2021		2020		Prior		Cost Basis		To Term		Total
1 – 4 family residential real estate:
Performing	$	4,330	$	21,676	$	31,602	$	53,188	$	20,607	$	31,907	$	27,093	$	—	$	190,403
Nonperforming		—		—		—		—		—		160		—		—		160
Total 1-4 family residential real estate	$	4,330	$	21,676	$	31,602	$	53,188	$	20,607	$	32,067	$	27,093	$	—	$	190,563
Current year-to-date gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Consumer:
Performing	$	9,053	$	33,179	$	17,740	$	6,567	$	1,245	$	731	$	131	$	—	$	68,646
Nonperforming		—		17		50		13		—		—		—		—		80
Total consumer	$	9,053	$	33,196	$	17,790	$	6,580	$	1,245	$	731	$	131	$	—	$	68,726
Current year-to-date gross write-offs	$	12	$	47	$	21	$	16	$	10	$	—	$	—	$	—	$	106
Total:
Performing	$	13,383	$	54,855	$	49,342	$	59,755	$	21,852	$	32,638	$	27,224	$	—	$	259,049
Nonperforming		—		17		50		13		—		160		—		—		240
Total	$	13,383	$	54,872	$	49,392	$	59,768	$	21,852	$	32,798	$	27,224	$	—	$	259,289

			Special						Not
	Pass		Mention		Substandard		Doubtful		Rated
Commercial & Industrial	$	110,928	$	1,174	$	573	$	—	$	151
Commercial real estate:
Construction		23,996		—		—		—		—
Other		310,427		7,097		468		51		662
1-4 Family residential real estate:
Owner occupied		2,013		—		17		—		156,407
Non-owner occupied		23,474		50		105		3		256
Construction		3,227		—		—		—		5,287
Consumer		597		—		—		—		64,997
Total	$	474,662	$	8,321	$	1,163	$	54	$	227,760

Impaired Financing Receivables [Table Text Block]

	As of June 30, 2023						Three Months ended September 30, 2022
					Allowance
	Unpaid				for Loan		Average		Interest		Cash Basis
	Principal		Recorded		Losses		Recorded		Income		Interest
	Balance		Investment		Allocated		Investment		Recognized		Recognized
With no related allowance recorded:
Commercial & Industrial	$	404	$	314	$	—	$	286	$	10	$	10
Commercial real estate:
Other		127		88		—		41		3		3
1-4 Family residential real estate:
Owner occupied		24		—		—		21		1		1
Non-owner occupied		3		3		—		62		—		—
Total	$	558	$	405	$	—	$	410	$	14	$	14