Note 4 - Securities (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	December 31, 2019
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
Obligations of state and political subdivisions	$	115,428	$	2,694	$	359	$	117,763
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		79,606		780		92		80,294
Collateralized mortgage obligations - commercial		17,414		320		11		17,723
Mortgage-backed securities		18,142		343		-		18,485
Private collateralized mortgage obligations		25,069		49		43		25,075
Corporate debt securities		7,000		182		-		7,182
Asset-backed securities		5,618		4		1		5,621
Negotiable certificates of deposit		694		2		-		696
Total available-for-sale debt securities	$	268,971	$	4,374	$	506	$	272,839

	December 31, 2018
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
Obligations of state and political subdivisions	$	154,268	$	214	$	2,295	$	152,187
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		35,147		6		946		34,207
Collateralized mortgage obligations - commercial		76,038		-		2,398		73,640
Mortgage-backed securities		24,165		47		278		23,934
Private collateralized mortgage obligations		2,908		7		2		2,913
Corporate debt securities		5,000		14		78		4,936
Asset-backed securities		1,825		-		23		1,802
Negotiable certificates of deposit		2,428		-		15		2,413
Total available-for-sale debt securities	$	301,779	$	288	$	6,035	$	296,032

Investments Classified by Contractual Maturity Date [Table Text Block]

	December 31, 2019
	Available-for-Sale
	Amortized		Fair
(in thousands)	Cost		Value
Amounts maturing in:
One year or less	$	2,195	$	2,201
After one year through five years		49,724		50,936
After five years through ten years		51,056		52,525
After ten years		20,147		19,979
Asset-backed securities		5,618		5,621
Collateralized mortgage obligations		122,089		123,092
Mortgage-backed securities		18,142		18,485
Total	$	268,971	$	272,839

Gain (Loss) on Securities [Table Text Block]

	Year Ended December 31,
(in thousands)	2019			2018
Available-for-sale debt securities:
Gross proceeds received on sales	$	128,233		$	4,559
Gross realized gains		1,257			-
Gross realized losses		(30	)		(4	)

	Year Ended December 31,
(in thousands)	2019		2018
Net gain (loss) recognized on equity securities	$	29	$	(27	)
Less: net gains (losses) recognized on equity securities sold		-		-
Unrealized gain (loss) recognized on equity securities held	$	29	$	(27	)

Schedule of Unrealized Loss on Investments [Table Text Block]

	December 31, 2019
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
Obligations of state and political subdivisions		10	$	19,436	$	359		-	$	-	$	-		10	$	19,436	$	359
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		4		19,934		92		-		-		-		4		19,934		92
Collateralized mortgage obligations - commercial		1		2,500		11		-		-		-		1		2,500		11
Mortgage-backed securities		-		-		-		-		-		-		-		-		-
Private collateralized mortgage obligations		4		18,990		43		-		-		-		4		18,990		43
Corporate debt securities		-		-		-		-		-		-		-		-		-
Asset-backed securities		2		888		1		-		-		-		2		888		1
Negotiable certificates of deposit		-		-		-		-		-		-		-		-		-
Total		21	$	61,748	$	506		-	$	-	$	-		21	$	61,748	$	506

	December 31, 2018
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
Obligations of state and political subdivisions		3	$	7,154	$	205		109	$	112,563	$	2,090		112	$	119,717	$	2,295
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		-		-		-		14		31,414		946		14		31,414		946
Collateralized mortgage obligations - commercial		-		-		-		25		73,640		2,398		25		73,640		2,398
Mortgage-backed securities		1		52		-		6		10,294		278		7		10,346		278
Private collateralized mortgage obligations		1		950		2		-		-		-		1		950		2
Corporate debt securities		2		2,922		78		-		-		-		2		2,922		78
Asset-backed securities		1		369		2		1		1,433		21		2		1,802		23
Negotiable certificates of deposit		3		740		3		7		1,673		12		10		2,413		15
Total		11	$	12,187	$	290		162	$	231,017	$	5,745		173	$	243,204	$	6,035

Investment [Table Text Block]

	December 31,
(in thousands)	2019		2018
Stock in Federal Home Loan Bank of Pittsburgh	$	3,794	$	3,113
Stock in Atlantic Community Bankers Bank		10		10
Total restricted securities, at cost	$	3,804	$	3,123