Note 4 - Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

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

(In thousands)	2021			2020
Real estate mortgage loans:
Residential	$	130,603		$	131,217
Land		19,478			17,328
Construction		59,959			44,148
Commercial		137,915			135,114
Commercial business loans		51,787			82,274
Consumer loans:
Home equity and second mortgage loans		54,453			52,001
Automobile loans		43,946			43,770
Loans secured by savings accounts		827			1,083
Unsecured loans		2,219			2,766
Other consumer loans		13,579			16,117
Gross loans		514,766			525,818
Less undisbursed portion of loans in process		(26,520	)		(19,179	)
Principal loan balance		488,246			506,639
Deferred loan origination fees and costs, net		1,124			317
Allowance for loan losses		(6,083	)		(6,625	)
Loans, net	$	483,287		$	500,331

Schedule of Related Party Transactions [Table Text Block]

(In thousands)	2021			2020
Beginning balance	$	13,287		$	9,520
Adjustments due to officer and director changes		-			(1,051	)
New loans		3,391			8,235
Payments		(9,445	)		(3,417	)
Ending balance	$	7,233		$	13,287

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

														Home Equity
	Residential								Commercial			Commercial		and Second			Other
	Real Estate			Land			Construction		Real Estate			Business		Mortgage			Consumer			Total
	(In thousands)
Allowance for Loan Losses:
Beginning balance	$	1,239		$	209		$	292	$	2,358		$	843	$	617		$	1,067		$	6,625
Provisions		(35	)		34			111		(474	)		20		(88	)		107			(325	)
Charge-offs		(35	)		(9	)		-		-			-		(10	)		(400	)		(454	)
Recoveries		5			-			-		-			10		8			214			237
Ending balance	$	1,174		$	234		$	403	$	1,884		$	873	$	527		$	988		$	6,083
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		$	-		$	-	$	-		$	-	$	7		$	-		$	7
Collectively evaluated for impairment		1,143			234			403		1,884			873		520			988			6,045
Acquired with deteriorated
credit quality		31			-			-		-			-		-			-			31
Ending balance	$	1,174		$	234		$	403	$	1,884		$	873	$	527		$	988		$	6,083
Recorded Investment in Loans:
Individually evaluated for impairment	$	1,034		$	102		$	-	$	702		$	174	$	303		$	-		$	2,315
Collectively evaluated for impairment		129,848			19,492			33,491		137,428			51,747		55,439			60,789			488,234
Acquired with deteriorated
credit quality		270			-			-		11			-		-			-			281
Ending balance	$	131,152		$	19,594		$	33,491	$	138,141		$	51,921	$	55,742		$	60,789		$	490,830

														Home Equity
	Residential								Commercial		Commercial			and Second		Other
	Real Estate			Land		Construction			Real Estate		Business			Mortgage		Consumer			Total
	(In thousands)
Allowance for Loan Losses:
Beginning balance	$	867		$	163	$	350		$	1,623	$	595		$	515	$	948		$	5,061
Provisions		393			46		(58	)		735		280			91		314			1,801
Charge-offs		(72	)		-		-			-		(32	)		-		(407	)		(511	)
Recoveries		51			-		-			-		-			11		212			274
Ending balance	$	1,239		$	209	$	292		$	2,358	$	843		$	617	$	1,067		$	6,625
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		$	-	$	-		$	-	$	-		$	-	$	-		$	-
Collectively evaluated for impairment		1,208			209		292			2,358		843			617		1,067			6,594
Acquired with deteriorated credit quality		31			-		-			-		-			-		-			31
Ending balance	$	1,239		$	209	$	292		$	2,358	$	843		$	617	$	1,067		$	6,625
Recorded Investment in Loans:
Individually evaluated for impairment	$	1,728		$	97	$	-		$	779	$	211		$	353	$	-		$	3,168
Collectively evaluated for impairment		129,851			17,364		25,018			134,679		81,598			52,924		63,980			505,414
Acquired with deteriorated credit quality		271			-		-			26		-			-		-			297
Ending balance	$	131,850		$	17,461	$	25,018		$	135,484	$	81,809		$	53,277	$	63,980		$	508,879

												Home Equity
	Residential							Commercial		Commercial		and Second			Other
	Real Estate			Land		Construction		Real Estate		Business		Mortgage			Consumer			Total
	(In thousands)
Allowance for Loan Losses:
Beginning balance	$	693		$	162	$	224	$	1,401	$	459	$	443		$	683		$	4,065
Provisions		251			-		126		222		132		77			617			1,425
Charge-offs		(194	)		-		-		-		-		(24	)		(548	)		(766	)
Recoveries		117			1		-		-		4		19			196			337
Ending balance	$	867		$	163	$	350	$	1,623	$	595	$	515		$	948		$	5,061

Impaired Financing Receivables [Table Text Block]

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,034	$	1,163	$	-	$	1,529	$	21
Land		102		104		-		100		-
Construction		-		-		-		-		-
Commercial real estate		702		716		-		740		34
Commercial business		174		174		-		191		8
Home equity and second mortgage		15		15		-		111		2
Other consumer		-		-		-		-		-
	$	2,027	$	2,172	$	-	$	2,671	$	65
Loans with an allowance recorded:
Residential	$	-	$	-	$	-	$	-	$	-
Land		-		-		-		10		-
Construction		-		-		-		-		-
Commercial real estate		-		-		-		-		-
Commercial business		-		-		-		-		-
Home equity and second mortgage		288		296		7		231		-
Other consumer		-		-		-		-		-
	$	288	$	296	$	7	$	241	$	-
Total:
Residential	$	1,034	$	1,163	$	-	$	1,529	$	21
Land		102		104		-		110		-
Construction		-		-		-		-		-
Commercial real estate		702		716		-		740		34
Commercial business		174		174		-		191		8
Home equity and second mortgage		303		311		7		342		2
Other consumer		-		-		-		-		-
	$	2,315	$	2,468	$	7	$	2,912	$	65

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,728	$	1,902	$	-	$	1,638	$	22
Land		97		97		-		101		1
Construction		-		-		-		-		-
Commercial real estate		779		784		-		836		36
Commercial business		211		210		-		249		9
Home equity and second mortgage		353		345		-		234		13
Other consumer		-		-		-		19		-
	$	3,168	$	3,338	$	-	$	3,077	$	81
Loans with an allowance recorded:
Residential	$	-	$	-	$	-	$	117	$	-
Land		-		-		-		-		-
Construction		-		-		-		-		-
Commercial real estate		-		-		-		-		-
Commercial business		-		-		-		76		-
Home equity and second mortgage		-		-		-		-		-
Other consumer		-		-		-		-		-
	$	-	$	-	$	-	$	193	$	-
Total:
Residential	$	1,728	$	1,902	$	-	$	1,755	$	22
Land		97		97		-		101		1
Construction		-		-		-		-		-
Commercial real estate		779		784		-		836		36
Commercial business		211		210		-		325		9
Home equity and second mortgage		353		345		-		234		13
Other consumer		-		-		-		19		-
	$	3,168	$	3,338	$	-	$	3,270	$	81

	Average		Interest
	Recorded		Income
	Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,973	$	17
Land		147		-
Construction		209		-
Commercial real estate		446		33
Commercial business		330		11
Home equity and second mortgage		29		1
Other consumer		20		-
	$	3,154	$	62
Loans with an allowance recorded:
Residential	$	87	$	-
Land		-		-
Construction		-		-
Commercial real estate		81		-
Commercial business		58		-
Home equity and second mortgage		13		-
Other consumer		-		-
	$	239	$	-
Total:
Residential	$	2,060	$	17
Land		147		-
Construction		209		-
Commercial real estate		527		33
Commercial business		388		11
Home equity and second mortgage		42		1
Other consumer		20		-
	$	3,393	$	62

Financing Receivable, Nonaccrual [Table Text Block]

	December 31, 2021						December 31, 2020
			Loans 90+ Days		Total				Loans 90+ Days		Total
	Nonaccrual		Past Due		Nonperforming		Nonaccrual		Past Due		Nonperforming
	Loans		Still Accruing		Loans		Loans		Still Accruing		Loans
	(In thousands)
Residential	$	806	$	-	$	806	$	1,154	$	-	$	1,154
Land		102		-		102		97		59		156
Construction		-		-		-		-		-		-
Commercial real estate		115		-		115		155		-		155
Commercial business		-		-		-		-		-		-
Home equity and second mortgage		304		-		304		-		-		-
Other consumer		-		3		3		-		-		-
Total	$	1,327	$	3	$	1,330	$	1,406	$	59	$	1,465

Financing Receivable, Past Due [Table Text Block]

											Purchased
	30-59 Days		60-89 Days		90 Days or More		Total				Credit		Total
	Past Due		Past Due		Past Due		Past Due		Current		Impaired Loans		Loans
	(In thousands)
Residential	$	1,186	$	158	$	501	$	1,845	$	129,037	$	270	$	131,152
Land		94		62		102		258		19,336		-		19,594
Construction		-		-		-		-		33,491		-		33,491
Commercial real estate		-		-		-		-		138,130		11		138,141
Commercial business		-		-		-		-		51,921		-		51,921
Home equity and second mortgage		165		-		-		165		55,577		-		55,742
Other consumer		129		3		3		135		60,654		-		60,789
Total	$	1,574	$	223	$	606	$	2,403	$	488,146	$	281	$	490,830

											Purchased
	30-59 Days		60-89 Days		90 Days or More		Total				Credit		Total
	Past Due		Past Due		Past Due		Past Due		Current		Impaired Loans		Loans
	(In thousands)
Residential	$	1,672	$	227	$	726	$	2,625	$	128,954	$	271	$	131,850
Land		130		65		156		351		17,110		-		17,461
Construction		-		-		-		-		25,018		-		25,018
Commercial real estate		155		-		-		155		135,303		26		135,484
Commercial business		-		-		-		-		81,809		-		81,809
Home equity and second mortgage		53		302		-		355		52,922		-		53,277
Other consumer		285		101		-		386		63,594		-		63,980
Total	$	2,295	$	695	$	882	$	3,872	$	504,710	$	297	$	508,879

Financing Receivable Credit Quality Indicators [Table Text Block]

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer		Total
	(In thousands)
December 31, 2021
Pass	$	129,705	$	19,369	$	33,491	$	135,608	$	51,353	$	55,438	$	60,789	$	485,753
Special Mention		-		61		-		1,203		323		-		-		1,587
Substandard		641		62		-		1,215		245		-		-		2,163
Doubtful		806		102		-		115		-		304		-		1,327
Loss		-		-		-		-		-		-		-		-
Total	$	131,152	$	19,594	$	33,491	$	138,141	$	51,921	$	55,742	$	60,789	$	490,830
December 31, 2020
Pass	$	130,054	$	16,925	$	25,018	$	131,822	$	81,452	$	52,869	$	63,919	$	502,059
Special Mention		-		315		-		2,289		284		-		10		2,898
Substandard		642		124		-		1,218		73		408		51		2,516
Doubtful		1,154		97		-		155		-		-		-		1,406
Loss		-		-		-		-		-		-		-		-
Total	$	131,850	$	17,461	$	25,018	$	135,484	$	81,809	$	53,277	$	63,980	$	508,879

Schedule of Troubled Debt Restructurings by Accrual Status [Table Text Block]

	December 31, 2021								December 31, 2020
							Related								Related
							Allowance								Allowance
	Accruing		Nonaccrual		Total		for Loan Losses		Accruing		Nonaccrual		Total		for Loan Losses
	(In thousands)
Troubled debt restructurings:
Residential real estate	$	216	$	-	$	216	$	-	$	556	$	-	$	556	$	-
Commercial real estate		585		-		585		-		621		-		621		-
Commercial business		174		-		174		-		210		-		210		-
Home equity and second mortgage		-		287		287		7		345		-		345		-
Total	$	975	$	287	$	1,262	$	7	$	1,732	$	-	$	1,732	$	-

Schedule of Purchased Credit Impaired Loans [Table Text Block]

(In thousands)	2021		2020
Residential real estate	$	270	$	271
Commercial real estate		11		26
Carrying amount		281		297
Allowance for loan losses		31		31
Carrying amount, net of allowance	$	250	$	266

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block]

(In thousands)	2021			2020			2019
Beginning balance	$	316		$	403		$	423
New loans acquired		-			-			-
Accretion to income		(30	)		(42	)		(46	)
Disposals and other adjustements		-			(4	)		-
Reclassification (to) from nonaccretable difference		(20	)		(41	)		26
Ending Balance	$	266		$	316		$	403

Financing Receivable [Member]

Notes Tables

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

														Home Equity
	Residential							Commercial			Commercial			and Second		Other
	Real Estate		Land		Construction			Real Estate			Business			Mortgage		Consumer		Total
	(In thousands)
December 31, 2021:
Principal loan balance	$	130,603	$	19,478	$	33,439		$	137,915		$	51,787		$	54,453	$	60,571	$	488,246
Accrued interest receivable		442		103		67			290			180			160		218		1,460
Net deferred loan origination fees and costs		107		13		(15	)		(64	)		(46	)		1,129		-		1,124
Recorded investment in loans	$	131,152	$	19,594	$	33,491		$	138,141		$	51,921		$	55,742	$	60,789	$	490,830
December 31, 2020:
Principal loan balance	$	131,217	$	17,328	$	24,969		$	135,114		$	82,274		$	52,001	$	63,736	$	506,639
Accrued interest receivable		513		116		61			435			378			176		244		1,923
Net deferred loan origination fees and costs		120		17		(12	)		(65	)		(843	)		1,100		-		317
Recorded investment in loans	$	131,850	$	17,461	$	25,018		$	135,484		$	81,809		$	53,277	$	63,980	$	508,879