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

9 Months Ended

Sep. 30, 2022

Notes Tables

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

	September 30,			December 31,
(In thousands)	2022			2021
Real estate mortgage loans:
Residential	$	153,659		$	130,603
Land		22,377			19,478
Construction		72,371			59,959
Commercial		161,296			137,915
Commercial business loans		54,760			51,787
Consumer loans:
Home equity and second mortgage loans		58,596			54,453
Automobile loans		48,100			43,946
Loans secured by savings accounts		655			827
Unsecured loans		2,230			2,219
Other consumer loans		13,090			13,579
Gross loans		587,134			514,766
Less undisbursed portion of loans in process		(40,175	)		(26,520	)
Principal loan balance		546,959			488,246
Deferred loan origination fees and costs, net		1,200			1,124
Allowance for loan losses		(6,566	)		(6,083	)
Loans, net	$	541,593		$	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	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Collectively evaluated for impairment		1,352		273		430		2,070		886		536		1,019		6,566
Acquired with deteriorated credit quality		-		-		-		-		-		-		-		-
Ending balance	$	1,352	$	273	$	430	$	2,070	$	886	$	536	$	1,019	$	6,566

											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:
Changes in Allowance for Loan Losses for the three-months ended September 30, 2022
Beginning balance	$	1,265		$	241	$	496		$	1,991	$	888		$	533	$	980		$	6,394
Provisions for loan losses		87			32		(66	)		79		(2	)		3		42			175
Charge-offs		-			-		-			-		-			-		(77	)		(77	)
Recoveries		-			-		-			-		-			-		74			74
Ending balance	$	1,352		$	273	$	430		$	2,070	$	886		$	536	$	1,019		$	6,566
Changes in Allowance for Loan Losses for the nine-months ended September 30, 2022
Beginning balance	$	1,174		$	234	$	403		$	1,884	$	873		$	527	$	988		$	6,083
Provisions for loan losses		169			39		27			186		13			7		109			550
Charge-offs		(1	)		-		-			-		(9	)		-		(277	)		(287	)
Recoveries		10			-		-			-		9			2		199			220
Ending balance	$	1,352		$	273	$	430		$	2,070	$	886		$	536	$	1,019		$	6,566

															Home Equity
	Residential								Commercial			Commercial			and Second			Other
	Real Estate			Land			Construction		Real Estate			Business			Mortgage			Consumer			Total
	(In thousands)
Allowance for loan losses:
Changes in Allowance for Loan Losses for the three-months ended September 30, 2021
Beginning balance	$	1,216		$	215		$	389	$	2,357		$	784		$	625		$	1,051		$	6,637
Provisions for loan losses		20			(4	)		14		(40	)		(30	)		20			20			-
Charge-offs		(26	)		(6	)		-		-			-			-			(109	)		(141	)
Recoveries		1			-			-		-			10			-			60			71
Ending balance	$	1,211		$	205		$	403	$	2,317		$	764		$	645		$	1,022		$	6,567
Changes in Allowance for Loan Losses for the nine-months ended September 30, 2021
Beginning balance	$	1,239		$	209		$	292	$	2,358		$	843		$	617		$	1,067		$	6,625
Provisions for loan losses		-			5			111		(41	)		(89	)		37			52			75
Charge-offs		(29	)		(9	)		-		-			-			(10	)		(280	)		(328	)
Recoveries		1			-			-		-			10			1			183			195
Ending balance	$	1,211		$	205		$	403	$	2,317		$	764		$	645		$	1,022		$	6,567

Impaired Financing Receivables [Table Text Block]

							Three Months Ended				Nine Months Ended
	At September 30, 2022						September 30, 2022				September 30, 2022
			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	$	894	$	1,053	$	-	$	891	$	2	$	903	$	9
Land		51		51		-		51		-		76		-
Construction		-		-		-		-		-		-		-
Commercial real estate		566		585		-		573		6		612		20
Commercial business		147		147		-		153		2		162		7
Home equity and second mortgage		315		331		-		193		-		100		-
Other consumer		-		-		-		-		-		-		-
		1,973		2,167		-		1,861		10		1,853		36
Loans with an allowance recorded:
Residential		-		-		-		15		-		14		-
Land		-		-		-		-		-		-		-
Construction		-		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-		-
Commercial business		-		-		-		-		-		-		-
Home equity and second mortgage		-		-		-		142		-		215		-
Other consumer		-		-		-		-		-		-		-
		-		-		-		157		-		229		-
Total:
Residential		894		1,053		-		906		2		917		9
Land		51		51		-		51		-		76		-
Construction		-		-		-		-		-		-		-
Commercial real estate		566		585		-		573		6		612		20
Commercial business		147		147		-		153		2		162		7
Home equity and second mortgage		315		331		-		335		-		315		-
Other consumer		-		-		-		-		-		-		-
	$	1,973	$	2,167	$	-	$	2,018	$	10	$	2,082	$	36

	Three Months Ended				Nine Months Ended
	September 30, 2021				September 30, 2021
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
Loans with no related allowance recorded:
Residential	$	1,503	$	6	$	1,653	$	18
Land		100		-		99		-
Construction		-		-		-		-
Commercial real estate		730		8		750		26
Commercial business		186		2		196		6
Home equity/2nd mortgage		63		-		136		1
Other consumer		-		-		-		-
		2,582		16		2,834		51
Loans with an allowance recorded:
Residential		-		-		-		-
Land		26		-		13		-
Construction		-		-		-		-
Commercial real estate		-		-		-		-
Commercial business		-		-		-		-
Home equity/2nd mortgage		289		-		217		-
Other consumer		-		-		-		-
		315		-		230		-
Total:
Residential		1,503		6		1,653		18
Land		126		-		112		-
Construction		-		-		-		-
Commercial real estate		730		8		750		26
Commercial business		186		2		196		6
Home equity/2nd mortgage		352		-		353		1
Other consumer		-		-		-		-
	$	2,897	$	16	$	3,064	$	51

			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]

	September 30, 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	$	783	$	-	$	783	$	806	$	-	$	806
Land		51		-		51		102		-		102
Construction		-		-		-		-		-		-
Commercial real estate		93		-		93		115		-		115
Commercial business		-		-		-		-		-		-
Home equity and second mortgage		315		-		315		304		-		304
Other consumer		-		-		-		-		3		3
Total	$	1,242	$	-	$	1,242	$	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	$	1,932	$	229	$	449	$	2,610	$	151,320	$	289	$	154,219
Land		109		-		51		160		22,329		-		22,489
Construction		-		-		-		-		32,253		-		32,253
Commercial real estate		1		-		-		1		161,497		5		161,503
Commercial business		197		185		-		382		54,495		-		54,877
Home equity and second mortgage		614		-		35		649		59,411		-		60,060
Other consumer		150		49		-		199		64,096		-		64,295
Total	$	3,003	$	463	$	535	$	4,001	$	545,401	$	294	$	549,696

											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)
September 30, 2022
Pass	$	152,872	$	22,318	$	32,253	$	159,321	$	54,238	$	59,745	$	64,295	$	545,042
Special Mention		-		60		-		920		460		-		-		1,440
Substandard		564		60		-		1,169		179		-		-		1,972
Doubtful		783		51		-		93		-		315		-		1,242
Loss		-		-		-		-		-		-		-		-
Total	$	154,219	$	22,489	$	32,253	$	161,503	$	54,877	$	60,060	$	64,295	$	549,696
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]

	September 30, 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	$	109	$	16	$	125	$	-	$	216	$	-	$	216	$	-
Commercial real estate		472		-		472		-		585		-		585		-
Commercial business		147		-		147		-		174		-		174		-
Home equity and second mortgage		-		280		280		-		-		287		287		7
Total	$	728	$	296	$	1,024	$	-	$	975	$	287	$	1,262	$	7

Schedule of Purchased Credit Impaired Loans [Table Text Block]

	September 30,		December 31,
(In thousands)	2022		2021
Residential real estate	$	289	$	270
Commercial real estate		5		11
Carrying amount		294		281
Allowance for loan losses		-		31
Carrying amount, net of allowance	$	294	$	250

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	$	153,659	$	22,377	$	32,196		$	161,296		$	54,760		$	58,596	$	64,075	$	546,959
Accrued interest receivable		453		98		66			299			129			272		220		1,537
Net deferred loan origination fees and costs		107		14		(9	)		(92	)		(12	)		1,192		-		1,200
Recorded investment in loans	$	154,219	$	22,489	$	32,253		$	161,503		$	54,877		$	60,060	$	64,295	$	549,696

Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	$	894	$	51	$	-	$	566	$	147	$	315	$	-	$	1,973
Collectively evaluated for impairment		153,036		22,438		32,253		160,932		54,730		59,745		64,295		547,429
Acquired with deteriorated credit quality		289		-		-		5		-		-		-		294
Ending balance	$	154,219	$	22,489	$	32,253	$	161,503	$	54,877	$	60,060	$	64,295	$	549,696

														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