Note 4 - Loans (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

	March 31,			December 31,
(in thousands)	2020			2019
Residential real estate	$	171,764		$	170,723
Commercial real estate		276,662			278,379
Construction, land acquisition and development		43,929			47,484
Commercial and industrial		161,654			147,623
Consumer		129,192			138,239
State and political subdivisions		49,953			43,908
Total loans, gross		833,154			826,356
Unearned income		(51	)		(69	)
Net deferred loan costs		1,832			2,192
Allowance for loan and lease losses		(9,907	)		(8,950	)
Loans, net	$	825,028		$	819,529

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

							Construction,
							Land									State and
	Residential			Commercial			Acquisition and			Commercial						Political
(in thousands)	Real Estate			Real Estate			Development			and Industrial			Consumer			Subdivisions		Unallocated		Total
Three months ended March 31, 2020
Allowance for loan losses:
Beginning balance, January 1, 2020	$	1,147		$	3,198		$	271		$	1,997		$	1,658		$	253	$	426	$	8,950
Charge-offs		-			(56	)		-			(35	)		(238	)		-		-		(329	)
Recoveries		2			-			-			59			74			-		-		135
Provisions		158			415			12			283			220			17		46		1,151
Ending balance, March 31, 2020	$	1,307		$	3,557		$	283		$	2,304		$	1,714		$	270	$	472	$	9,907
Three months ended March 31, 2019
Allowance for loan losses:
Beginning balance, January 1, 2019	$	1,175		$	3,107		$	188		$	2,552		$	2,051		$	417	$	29	$	9,519
Charge-offs		-			-			-			(139	)		(315	)		-		-		(454	)
Recoveries		4			-			81			84			173			-		-		342
Provisions (credits)		(24	)		(56	)		(163	)		2			54			6		27		(154	)
Ending balance, March 31, 2019	$	1,155		$	3,051		$	106		$	2,499		$	1,963		$	423	$	56	$	9,253

					Construction,
					Land						State and
	Residential		Commercial		Acquisition and		Commercial				Political
(in thousands)	Real Estate		Real Estate		Development		and Industrial		Consumer		Subdivisions		Unallocated		Total
March 31, 2020
Allowance for loan losses:
Individually evaluated for impairment	$	8	$	205	$	-	$	209	$	1	$	-	$	-	$	423
Collectively evaluated for impairment		1,299		3,352		283		2,095		1,713		270		472		9,484
Total	$	1,307	$	3,557	$	283	$	2,304	$	1,714	$	270	$	472	$	9,907
Loans receivable:
Individually evaluated for impairment	$	2,558	$	11,309	$	74	$	992	$	192	$	-	$	-	$	15,125
Collectively evaluated for impairment		169,206		265,353		43,855		160,662		129,000		49,953		-		818,029
Total	$	171,764	$	276,662	$	43,929	$	161,654	$	129,192	$	49,953	$	-	$	833,154
December 31, 2019
Allowance for loan losses:
Individually evaluated for impairment	$	9	$	221	$	-	$	242	$	1	$	-	$	-	$	473
Collectively evaluated for impairment		1,138		2,977		271		1,755		1,657		253		426		8,477
Total	$	1,147	$	3,198	$	271	$	1,997	$	1,658	$	253	$	426	$	8,950
Loans receivable:
Individually evaluated for impairment	$	2,711	$	11,640	$	76	$	1,164	$	195	$	-	$	-	$	15,786
Collectively evaluated for impairment		168,012		266,739		47,408		146,459		138,044		43,908		-		810,570
Total	$	170,723	$	278,379	$	47,484	$	147,623	$	138,239	$	43,908	$	-	$	826,356

Financing Receivable Credit Quality Indicators [Table Text Block]

	Credit Quality Indicators
	March 31, 2020
	Commercial Loans												Other Loans
			Special								Subtotal		Accruing		Non-accrual		Subtotal		Total
(in thousands)	Pass		Mention		Substandard		Doubtful		Loss		Commercial		Loans		Loans		Other		Loans
Residential real estate	$	31,653	$	173	$	342	$	-	$	-	$	32,168	$	138,475	$	1,121	$	139,596	$	171,764
Commercial real estate		264,693		1,641		10,328		-		-		276,662		-		-		-		276,662
Construction, land acquisition and development		42,767		-		-		-		-		42,767		1,162		-		1,162		43,929
Commercial and industrial		155,223		612		1,358		-		-		157,193		4,430		31		4,461		161,654
Consumer		3,135		-		-		-		-		3,135		125,447		610		126,057		129,192
State and political subdivisions		49,953		-		-		-		-		49,953		-		-		-		49,953
Total	$	547,424	$	2,426	$	12,028	$	-	$	-	$	561,878	$	269,514	$	1,762	$	271,276	$	833,154

	Credit Quality Indicators
	December 31, 2019
	Commercial Loans												Other Loans
			Special								Subtotal		Accruing		Non-accrual		Subtotal		Total
(in thousands)	Pass		Mention		Substandard		Doubtful		Loss		Commercial		Loans		Loans		Other		Loans
Residential real estate	$	32,219	$	177	$	307	$	-	$	-	$	32,703	$	136,709	$	1,311	$	138,020	$	170,723
Commercial real estate		266,112		1,668		10,599		-		-		278,379		-		-		-		278,379
Construction, land acquisition and development		46,361		-		-		-		-		46,361		1,123		-		1,123		47,484
Commercial and industrial		140,589		426		1,484		-		-		142,499		5,124		-		5,124		147,623
Consumer		3,111		-		-		-		-		3,111		134,457		671		135,128		138,239
State and political subdivisions		43,908		-		-		-		-		43,908		-		-		-		43,908
Total	$	532,300	$	2,271	$	12,390	$	-	$	-	$	546,961	$	277,413	$	1,982	$	279,395	$	826,356

Financing Receivable, Past Due [Table Text Block]

	March 31, 2020
	Delinquency Status
	0-29 Days		30-59 Days		60-89 Days		>/= 90 Days
(in thousands)	Past Due		Past Due		Past Due		Past Due		Total
Performing (accruing) loans:
Residential real estate	$	169,878	$	464	$	-	$	-	$	170,342
Commercial real estate		271,197		43		-		-		271,240
Construction, land acquisition and development		43,929		-		-		-		43,929
Commercial and industrial		160,057		249		226		-		160,532
Consumer		126,363		1,719		500		-		128,582
State and political subdivisions		49,953		-		-		-		49,953
Total performing (accruing) loans		821,377		2,475		726		-		824,578
Non-accrual loans:
Residential real estate		622		223		14		563		1,422
Commercial real estate		2,434		-		-		2,988		5,422
Construction, land acquisition and development		-		-		-		-		-
Commercial and industrial		868		-		-		254		1,122
Consumer		213		18		170		209		610
State and political subdivisions		-		-		-		-		-
Total non-accrual loans		4,137		241		184		4,014		8,576
Total loans receivable	$	825,514	$	2,716	$	910	$	4,014	$	833,154

	December 31, 2019
	Delinquency Status
	0-29 Days		30-59 Days		60-89 Days		>/= 90 Days
(in thousands)	Past Due		Past Due		Past Due		Past Due		Total
Performing (accruing) loans:
Residential real estate	$	168,754	$	134	$	261	$	-	$	169,149
Commercial real estate		272,561		75		106		-		272,742
Construction, land acquisition and development		47,484		-		-		-		47,484
Commercial and industrial		146,221		200		-		-		146,421
Consumer		135,384		1,695		489		-		137,568
State and political subdivisions		43,908		-		-		-		43,908
Total performing (accruing) loans		814,312		2,104		856		-		817,272
Non-accrual loans:
Residential real estate		873		17		228		456		1,574
Commercial real estate		2,520		893		434		1,790		5,637
Construction, land acquisition and development		-		-		-		-		-
Commercial and industrial		943		-		114		145		1,202
Consumer		193		93		38		347		671
State and political subdivisions		-		-		-		-		-
Total non-accrual loans		4,529		1,003		814		2,738		9,084
Total loans receivable	$	818,841	$	3,107	$	1,670	$	2,738	$	826,356

Impaired Financing Receivables [Table Text Block]

	March 31, 2020
			Unpaid
	Recorded		Principal		Related
(in thousands)	Investment		Balance		Allowance
With no allowance recorded:
Residential real estate	$	1,066	$	1,154	$	-
Commercial real estate		4,463		5,974		-
Construction, land acquisition and development		74		74		-
Commercial and industrial		453		675		-
Consumer		22		25		-
State and political subdivisions		-		-		-
Total impaired loans with no related allowance recorded		6,078		7,902		-
With a related allowance recorded:
Residential real estate		1,492		1,492		8
Commercial real estate		6,846		7,565		205
Construction, land acquisition and development		-		-		-
Commercial and industrial		539		551		209
Consumer		170		170		1
State and political subdivisions		-		-		-
Total impaired loans with a related allowance recorded		9,047		9,778		423
Total impaired loans:
Residential real estate		2,558		2,646		8
Commercial real estate		11,309		13,539		205
Construction, land acquisition and development		74		74		-
Commercial and industrial		992		1,226		209
Consumer		192		195		1
State and political subdivisions		-		-		-
Total impaired loans	$	15,125	$	17,680	$	423

	December 31, 2019
			Unpaid
	Recorded		Principal		Related
(in thousands)	Investment		Balance		Allowance
With no allowance recorded:
Residential real estate	$	1,217	$	1,303	$	-
Commercial real estate		4,548		6,007		-
Construction, land acquisition and development		76		76		-
Commercial and industrial		593		850		-
Consumer		23		26		-
State and political subdivisions		-		-		-
Total impaired loans with no related allowance recorded		6,457		8,262		-
With a related allowance recorded:
Residential real estate		1,494		1,494		9
Commercial real estate		7,092		7,811		221
Construction, land acquisition and development		-		-		-
Commercial and industrial		571		573		242
Consumer		172		172		1
State and political subdivisions		-		-		-
Total impaired loans with a related allowance recorded		9,329		10,050		473
Total impaired loans:
Residential real estate		2,711		2,797		9
Commercial real estate		11,640		13,818		221
Construction, land acquisition and development		76		76		-
Commercial and industrial		1,164		1,423		242
Consumer		195		198		1
State and political subdivisions		-		-		-
Total impaired loans	$	15,786	$	18,312	$	473

Schedule of Average Balance and Interest Income on Impaired Loans [Table Text Block]

	Three Months Ended March 31,
	2020				2019
	Average		Interest		Average		Interest
(in thousands)	Balance		Income (1)		Balance		Income (1)
Residential real estate	$	2,569	$	20	$	1,839	$	21
Commercial real estate		11,321		68		9,630		77
Construction, land acquisition and development		75		1		82		1
Commercial and industrial		1,014		-		1,047		-
Consumer		193		2		380		5
State and political subdivisions		-		-		-		-
Total impaired loans	$	15,172	$	91	$	12,978	$	104