NOTE 5 - MORTGAGE SERVICING RIGHTS (Tables)

9 Months Ended

Sep. 30, 2020

SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]

Schedule of Participating Mortgage Loans [Table Text Block]

(in thousands)		September 30, 2020		December 31, 2019
Residential mortgage loans serviced for others	$	130,304	$	106,255
Fair value of mortgage servicing rights		714		813

[custom:ScheduleOfParticipatingMortgageLoans1TextBlock]

(in thousands)		September 30, 2020		December 31, 2019
Residential mortgage loans serviced for others	$	130,304	$	106,255
Fair value of mortgage servicing rights		714		813

Changes in mortgage servicing rights

Changes in mortgage servicing rights are as follows:

		Three months ended						Nine months ended
Periods ended September 30, (in thousands)		2020			2019			2020			2019
Mortgage Servicing Rights
Balance, beginning of period	$	353		$	209		$	238		$	228
Originated		270			21			413			25
Amortization (1)		(56	)		(13	)		(84	)		(36	)
Balance, end of period	$	567		$	217		$	567		$	217

⁽¹⁾ Amortization expense and changes in the impairment reserve are recorded in mortgage servicing, net.

[custom:ScheduleOfServicingLiabilitiesAtAmortizedValue1TextBlock]

		Three months ended						Nine months ended
Periods ended September 30, (in thousands)		2020			2019			2020			2019
Mortgage Servicing Rights
Balance, beginning of period	$	353		$	209		$	238		$	228
Originated		270			21			413			25
Amortization (1)		(56	)		(13	)		(84	)		(36	)
Balance, end of period	$	567		$	217		$	567		$	217

⁽¹⁾ Amortization expense and changes in the impairment reserve are recorded in mortgage servicing, net.