Note 3 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

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

	March 31,			December 31,
(In thousands)	2022			2021
Real estate mortgage loans:
Residential	$	137,762		$	130,603
Land		19,489			19,478
Construction		68,112			59,959
Commercial		148,492			137,915
Commercial business loans		58,031			51,787
Consumer loans:
Home equity and second mortgage loans		55,893			54,453
Automobile loans		44,394			43,946
Loans secured by savings accounts		816			827
Unsecured loans		2,121			2,219
Other consumer loans		12,339			13,579
Gross loans		547,449			514,766
Less undisbursed portion of loans in process		(36,410	)		(26,520	)
Principal loan balance		511,039			488,246
Deferred loan origination fees and costs, net		1,156			1,124
Allowance for loan losses		(6,245	)		(6,083	)
Loans, net	$	505,950		$	483,287

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)
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	1	$	-	$	-	$	-	$	-	$	5	$	-	$	6
Collectively evaluated for impairment		1,196		235		387		1,927		994		512		957		6,208
Acquired with deteriorated credit quality		31		-		-		-		-		-		-		31
Ending balance	$	1,228	$	235	$	387	$	1,927	$	994	$	517	$	957	$	6,245

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer		Total
	(In thousands)
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

												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	$	1,174	$	234	$	403		$	1,884	$	873	$	527		$	988		$	6,083
Provisions for loan losses		49		1		(16	)		43		121		(10	)		(13	)		175
Charge-offs		-		-		-			-		-		-			(74	)		(74	)
Recoveries		5		-		-			-		-		-			56			61
Ending balance	$	1,228	$	235	$	387		$	1,927	$	994	$	517		$	957		$	6,245

															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 for loan losses		(14	)		3			56		(3	)		(27	)		14			46			75
Charge-offs		(4	)		(3	)		-		-			-			(9	)		(114	)		(130	)
Recoveries		-			-			-		-			-			-			58			58
Ending balance	$	1,221		$	209		$	348	$	2,355		$	816		$	622		$	1,057		$	6,628

Impaired Financing Receivables [Table Text Block]

	At March 31, 2022						Three Months Ended March 31, 2022				Three Months Ended March 31, 2021
			Unpaid				Average		Interest		Average		Interest
	Recorded		Principal		Related		Recorded		Income		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	796	$	926	$	-	$	915	$	5	$	1,804	$	5
Land		102		104		-		102		-		99		-
Construction		-		-		-		-		-		-		-
Commercial real estate		599		616		-		651		6		770		9
Commercial business		167		166		-		171		2		206		2
Home equity and second mortgage		-		-		-		8		-		209		1
Other consumer		-		-		-		-		-		-		-
		1,664		1,812		-		1,847		13		3,088		17
Loans with an allowance recorded:
Residential		28		28		1		14		-		-		-
Land		-		-		-		-		-		-		-
Construction		-		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-		-
Commercial business		-		-		-		-		-		-		-
Home equity and second mortgage		287		297		5		288		-		146		-
Other consumer		-		-		-		-		-		-		-
		315		325		6		302		-		146		-
Total:
Residential		824		954		1		929		5		1,804		5
Land		102		104		-		102		-		99		-
Construction		-		-		-		-		-		-		-
Commercial real estate		599		616		-		651		6		770		9
Commercial business		167		166		-		171		2		206		2
Home equity and second mortgage		287		297		5		296		-		355		1
Other consumer		-		-		-		-		-		-		-
	$	1,979	$	2,137	$	6	$	2,149	$	13	$	3,234	$	17

			Unpaid
	Recorded		Principal		Related
	Investment		Balance		Allowance
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,034	$	1,163	$	-
Land		102		104		-
Construction		-		-		-
Commercial real estate		702		716		-
Commercial business		174		174		-
Home equity and second mortgage		15		15		-
Other consumer		-		-		-
		2,027		2,172		-
Loans with an allowance recorded:
Residential		-		-		-
Land		-		-		-
Construction		-		-		-
Commercial real estate		-		-		-
Commercial business		-		-		-
Home equity and second mortgage		288		296		7
Other consumer		-		-		-
		288		296		7
Total:
Residential		1,034		1,163		-
Land		102		104		-
Construction		-		-		-
Commercial real estate		702		716		-
Commercial business		174		174		-
Home equity and second mortgage		303		311		7
Other consumer		-		-		-
	$	2,315	$	2,468	$	7

Financing Receivable, Nonaccrual [Table Text Block]

	March 31, 2022						December 31, 2021
			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	$	598	$	99	$	697	$	806	$	-	$	806
Land		102		-		102		102		-		102
Construction		-		-		-		-		-		-
Commercial real estate		112		-		112		115		-		115
Commercial business		-		-		-		-		-		-
Home equity and second mortgage		287		-		287		304		-		304
Other consumer		-		-		-		-		3		3
Total	$	1,099	$	99	$	1,198	$	1,327	$	3	$	1,330

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	$	1,601	$	48	$	516	$	2,165	$	135,895	$	269	$	138,329
Land		124		62		102		288		19,317		-		19,605
Construction		-		-		-		-		31,765		-		31,765
Commercial real estate		112		-		-		112		148,600		8		148,720
Commercial business		168		-		-		168		58,005		-		58,173
Home equity and second mortgage		637		-		-		637		56,570		-		57,207
Other consumer		153		28		-		181		59,688		-		59,869
Total	$	2,795	$	138	$	618	$	3,551	$	509,840	$	277	$	513,668

											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

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)
March 31, 2022
Pass	$	137,026	$	19,380	$	31,765	$	146,216	$	57,591	$	56,920	$	59,869	$	508,767
Special Mention		-		61		-		1,193		345		-		-		1,599
Substandard		705		62		-		1,199		237		-		-		2,203
Doubtful		598		102		-		112		-		287		-		1,099
Loss		-		-		-		-		-		-		-		-
Total	$	138,329	$	19,605	$	31,765	$	148,720	$	58,173	$	57,207	$	59,869	$	513,668
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

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

	March 31, 2022								December 31, 2021
							Related								Related
							Allowance								Allowance
	Accruing		Nonaccrual		Total		for Loan Losses		Accruing		Nonaccrual		Total		for Loan Losses
	(In thousands)
Troubled debt restructurings:
Residential real estate	$	214	$	-	$	214	$	-	$	216	$	-	$	216	$	-
Commercial real estate		486		-		486		-		585		-		585		-
Commercial business		167		-		167		-		174		-		174		-
Home equity and second mortgage		-		286		286		5		-		287		287		7
Total	$	867	$	286	$	1,153	$	5	$	975	$	287	$	1,262	$	7

Schedule of Purchased Credit Impaired Loans [Table Text Block]

	March 31,		December 31,
(In thousands)	2022		2021
Residential real estate	$	269	$	270
Commercial real estate		8		11
Carrying amount		277		281
Allowance for loan losses		31		31
Carrying amount, net of allowance	$	246	$	250

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

	2022			2021
Balance at beginning of period	$	266		$	316
New loans purchased		-			-
Accretion to income		(6	)		(8	)
Disposals and other adjustments		-			-
Reclassification from nonaccretable difference		(3	)		(5	)
Balance at end of period	$	257		$	303

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)
Recorded Investment in Loans:
Principal loan balance	$	137,762	$	19,489	$	31,702		$	148,492		$	58,031		$	55,893	$	59,670	$	511,039
Accrued interest receivable		468		103		74			300			163			166		199		1,473
Net deferred loan origination fees and costs		99		13		(11	)		(72	)		(21	)		1,148		-		1,156
Recorded investment in loans	$	138,329	$	19,605	$	31,765		$	148,720		$	58,173		$	57,207	$	59,869	$	513,668
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	$	824	$	102	$	-		$	599		$	167		$	287	$	-	$	1,979
Collectively evaluated for impairment		137,236		19,503		31,765			148,113			58,006			56,920		59,869		511,412
Acquired with deteriorated credit quality		269		-		-			8			-			-		-		277
Ending balance	$	138,329	$	19,605	$	31,765		$	148,720		$	58,173		$	57,207	$	59,869	$	513,668

														Home Equity
	Residential							Commercial			Commercial			and Second		Other
	Real Estate		Land		Construction			Real Estate			Business			Mortgage		Consumer		Total
	(In thousands)
Recorded Investment in Loans:
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
Recorded Investment in Loans as Evaluated for Impairment:
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