Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

	March 31, 2020
			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	$	143,279	$	6,692	$	173	$	149,798
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		77,777		1,914		480		79,211
Collateralized mortgage obligations - commercial		13,339		699		49		13,989
Mortgage-backed securities		18,111		682		-		18,793
Private collateralized mortgage obligations		24,192		187		614		23,765
Corporate debt securities		10,000		48		464		9,584
Asset-backed securities		7,191		-		389		6,802
Negotiable certificates of deposit		694		2		-		696
Total available-for-sale debt securities	$	294,583	$	10,224	$	2,169	$	302,638

	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

Investments Classified by Contractual Maturity Date [Table Text Block]

	March 31, 2020
	Amortized		Fair
(in thousands)	Cost		Value
Amounts maturing in:
One year or less	$	2,194	$	2,201
After one year through five years		52,604		54,991
After five years through ten years		46,895		48,543
After ten years		52,280		54,343
Asset-backed securities		7,191		6,802
Collateralized mortgage obligations		115,308		116,965
Mortgage-backed securities		18,111		18,793
Total available-for-sale debt securities	$	294,583	$	302,638

Schedule of Unrealized Loss on Investments [Table Text Block]

	March 31, 2020
	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		6	$	13,753	$	173		-	$	-	$	-		6	$	13,753	$	173
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		5		24,214		480		-		-		-		5		24,214		480
Collateralized mortgage obligations - commercial		1		2,462		49		-		-		-		1		2,462		49
Mortgage-backed securities		-		-		-		-		-		-		-		-		-
Private collateralized mortgage obligations		7		16,304		614		-		-		-		7		16,304		614
Corporate debt securities		4		6,536		464		-		-		-		4		6,536		464
Asset-backed securities		7		6,802		389		-		-		-		7		6,802		389
Negotiable certificates of deposit		-		-		-		-		-		-		-		-		-
Total available-for-sale debt securities		30	$	70,071	$	2,169		-	$	-	$	-		30	$	70,071	$	2,169

	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 available-for-sale debt securities		21	$	61,748	$	506		-	$	-	$	-		21	$	61,748	$	506

Gain (Loss) on Securities [Table Text Block]

	Three Months Ended March 31,
(in thousands)	2020		2019
Net gains recognized on equity securities	$	14	$	12
Less: net gains (losses) recognized on equity securities sold		-		-
Unrealized gains on equity securities held	$	14	$	12

Investment [Table Text Block]

	March 31,		December 31,
(in thousands)	2020		2019
Stock in Federal Home Loan Bank of Pittsburgh	$	4,214	$	3,794
Stock in Atlantic Community Banker's Bank		10		10
Total restricted securities, at cost	$	4,224	$	3,804