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

6 Months Ended

Jun. 30, 2024

Notes Tables

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

	June 30,			December 31,
(In thousands)	2024			2023
1-4 Family Residential Mortgage	$	137,219		$	133,480
Home Equity and Second Mortgage		63,449			62,070
Multifamily Residential		37,224			39,963
1-4 Family Residential Construction		14,400			15,667
Other Construction, Development and Land		83,298			76,713
Commercial Real Estate		177,492			168,757
Commercial Business		64,695			68,223
Consumer and Other		59,694			56,373
Principal loan balance		637,471			621,246
Deferred loan origination fees and costs, net		1,113			1,168
Allowance for credit losses		(8,560	)		(8,005	)
Loans, net	$	630,024		$	614,409

										Other
	1-4 Family		Home Equity					1-4 Family		Construction,
	Residential		and Second		Multifamily			Residential		Development			Commercial			Commercial			Consumer
	Mortgage		Mortgage		Residential			Construction		and Land			Real Estate			Business			and Other		Total
	(In thousands)
Amortized Cost Basis in Loans:
Principal loan balance	$	137,219	$	63,449	$	37,224		$	14,400	$	83,298		$	177,492		$	64,695		$	59,694	$	637,471
Net deferred loan origination fees and costs		110		1,212		(17	)		-		(37	)		(145	)		(10	)		-		1,113
Amortized cost basis in loans	$	137,329	$	64,661	$	37,207		$	14,400	$	83,261		$	177,347		$	64,685		$	59,694	$	638,584

										Other
	1-4 Family		Home Equity					1-4 Family		Construction,
	Residential		and Second		Multifamily			Residential		Development			Commercial			Commercial			Consumer
	Mortgage		Mortgage		Residential			Construction		and Land			Real Estate			Business			and Other		Total
	(In thousands)
Amortized Cost Basis in Loans:
Principal loan balance	$	133,480	$	62,070	$	39,963		$	15,667	$	76,713		$	168,757		$	68,223		$	56,373	$	621,246
Net deferred loan origination fees and costs		121		1,231		(17	)		-		(44	)		(112	)		(11	)		-		1,168
Amortized cost basis in loans	$	133,601	$	63,301	$	39,946		$	15,667	$	76,669		$	168,645		$	68,212		$	56,373	$	622,414

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

												Other
	1-4 Family			Home Equity					1-4 Family			Construction,
	Residential			and Second		Multifamily			Residential			Development			Commercial			Commercial		Consumer
	Mortgage			Mortgage		Residential			Construction			and Land			Real Estate			Business		and Other			Total
	(In thousands)
ACL on Loans:
Beginning balance	$	1,338		$	444	$	423		$	192		$	811		$	2,754		$	1,302	$	966		$	8,230
Provision for credit losses		(46	)		114		(81	)		(13	)		(8	)		(407	)		617		184			360
Charge-offs		(3	)		-		-			-			-			-			-		(82	)		(85	)
Recoveries		13			1		-			-			-			-			1		40			55
Ending balance	$	1,302		$	559	$	342		$	179		$	803		$	2,347		$	1,920	$	1,108		$	8,560

												Other
	1-4 Family			Home Equity					1-4 Family			Construction,
	Residential			and Second			Multifamily		Residential			Development			Commercial			Commercial			Consumer
	Mortgage			Mortgage			Residential		Construction			and Land			Real Estate			Business			and Other			Total
	(In thousands)
ACL on Loans:
Beginning balance	$	1,414		$	366		$	381	$	187		$	489		$	2,190		$	1,084		$	1,212		$	7,323
Provision for credit losses		69			6			233		(16	)		(29	)		(174	)		510			(249	)		350
Charge-offs		(29	)		(9	)		-		-			-			-			(33	)		(164	)		(235	)
Recoveries		15			-			-		-			-			-			3			59			77
Ending balance	$	1,469		$	363		$	614	$	171		$	460		$	2,016		$	1,564		$	858		$	7,515

											Other
	1-4 Family			Home Equity				1-4 Family			Construction,
	Residential			and Second		Multifamily		Residential			Development			Commercial		Commercial		Consumer
	Mortgage			Mortgage		Residential		Construction			and Land			Real Estate		Business		and Other			Total
	(In thousands)
ACL on Loans:
Beginning balance,	$	1,490		$	406	$	332	$	208		$	804		$	2,119	$	1,431	$	1,215		$	8,005
Provision for credit losses		(198	)		149		10		(29	)		(1	)		227		488		(6	)		640
Charge-offs		(4	)		-		-		-			-			-		-		(181	)		(185	)
Recoveries		14			4		-		-			-			1		1		80			100
Ending balance	$	1,302		$	559	$	342	$	179		$	803		$	2,347	$	1,920	$	1,108		$	8,560

													Other
	1-4 Family			Home Equity						1-4 Family			Construction,
	Residential			and Second			Multifamily			Residential			Development			Commercial			Commercial			Consumer
	Mortgage			Mortgage			Residential			Construction			and Land			Real Estate			Business			and Other			Total
	(In thousands)
ACL on Loans:
Beginning balance, prior to adoption of ASC 326	$	1,036		$	531		$	346		$	206		$	587		$	2,029		$	1,156		$	881		$	6,772
Impact of adopting ASC 326		423			(26	)		(3	)		(9	)		13			(130	)		(142	)		435			561
Provision for credit losses		26			(133	)		271			(26	)		(140	)		117			730			(302	)		543
Charge-offs		(31	)		(9	)		-			-			-			-			(188	)		(282	)		(510	)
Recoveries		15			-			-			-			-			-			8			126			149
Ending balance	$	1,469		$	363		$	614		$	171		$	460		$	2,016		$	1,564		$	858		$	7,515

Financing Receivable, Collateral Dependent Loans [Table Text Block]

	June 30, 2024										December 31, 2023
	Real								ACL		Real						ACL
	Estate		Equipment		Other		Total		Allocation		Estate		Other		Total		Allocation
	(In thousands)										(In thousands)
1-4 Family Residential Mortgage	$	1,539	$	-	$	-	$	1,539	$	-	$	1,651	$	-	$	1,651	$	9
Home Equity and Second Mortgage		647		-		-		647		-		548		-		548		-
Multifamily Residential		-		-		-		-		-		-		-		-		-
1-4 Family Residential Construction		87		-		-		87		50		87		-		87		60
Other Construction, Development and Land		54		-		-		54		-		54		-		54		-
Commercial Real Estate		2,614		-		-		2,614		-		1,055		-		1,055		-
Commercial Business		-		2,029		142		2,171		851		-		38		38		-
Consumer and Other		-		-		-		-		-		-		-		-		-
	$	4,941	$	2,029	$	142	$	7,112	$	901	$	3,395	$	38	$	3,433	$	69

Financing Receivable, Nonaccrual [Table Text Block]

							Loans 90+ Days		Total
	Nonaccrual Loans		Nonaccrual Loans		Total		Past Due		Nonperforming
	with No ACL		with An ACL		Nonaccrual		Still Accruing		Loans
	(In thousands)
1-4 Family Residential Mortgage	$	1,066	$	-	$	1,066	$	384	$	1,450
Home Equity and Second Mortgage		502		-		502		-		502
Multifamily Residential		-		-		-		-		-
1-4 Family Residential Construction		-		87		87		-		87
Other Construction, Development and Land		54		-		54		-		54
Commercial Real Estate		-		-		-		-		-
Commercial Business		-		2,029		2,029		-		2,029
Consumer and Other		-		-		-		-		-
Total	$	1,622	$	2,116	$	3,738	$	384	$	4,122

							Loans 90+ Days		Total
	Nonaccrual Loans		Nonaccrual Loans		Total		Past Due		Nonperforming
	with No ACL		with An ACL		Nonaccrual		Still Accruing		Loans
	(In thousands)
1-4 Family Residential Mortgage	$	1,120	$	36	$	1,156	$	-	$	1,156
Home Equity and Second Mortgage		454		-		454		-		454
Multifamily Residential		-		-		-		-		-
1-4 Family Residential Construction		-		87		87		-		87
Other Construction, Development and Land		54		-		54		-		54
Commercial Real Estate		-		-		-		-		-
Commercial Business		-		-		-		-		-
Consumer and Other		-		-		-		-		-
Total	$	1,628	$	123	$	1,751	$	-	$	1,751

Financing Receivable, Past Due [Table Text Block]

	30-59 Days		60-89 Days		90 Days or More		Total				Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans
	(In thousands)
1-4 Family Residential Mortgage	$	1,293	$	111	$	1,082	$	2,486	$	134,843	$	137,329
Home Equity and Second Mortgage		586		78		61		725		63,936		64,661
Multifamily Residential		-		-		-		-		37,207		37,207
1-4 Family Residential Construction		-		-		87		87		14,313		14,400
Other Construction, Development and Land		165		59		54		278		82,983		83,261
Commercial Real Estate		-		718		-		718		176,629		177,347
Commercial Business		286		142		-		428		64,257		64,685
Consumer and Other		296		57		-		353		59,341		59,694
Total	$	2,626	$	1,165	$	1,284	$	5,075	$	633,509	$	638,584

	30-59 Days		60-89 Days		90 Days or More		Total				Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans
	(In thousands)
1-4 Family Residential Mortgage	$	2,104	$	335	$	482	$	2,921	$	130,680	$	133,601
Home Equity and Second Mortgage		396		70		-		466		62,835		63,301
Multifamily Residential		-		-		-		-		39,946		39,946
1-4 Family Residential Construction		-		-		-		-		15,667		15,667
Other Construction, Development and Land		162		-		54		216		76,453		76,669
Commercial Real Estate		834		-		-		834		167,811		168,645
Commercial Business		-		-		-		-		68,212		68,212
Consumer and Other		302		51		-		353		56,020		56,373
Total	$	3,798	$	456	$	536	$	4,790	$	617,624	$	622,414

Financing Receivable Credit Quality Indicators [Table Text Block]

	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving		Total
June 30, 2024:	(In thousands)
1-4 Family Residential Mortgage
Pass	$	12,116	$	32,993	$	29,208	$	24,254	$	6,484	$	30,358	$	-	$	135,413
Special Mention		-		32		-		-		-		345		-		377
Substandard		-		-		-		-		74		399		-		473
Doubtful		-		-		44		156		-		866		-		1,066
	$	12,116	$	33,025	$	29,252	$	24,410	$	6,558	$	31,968	$	-	$	137,329
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	4	$	-	$	4
Home Equity and Second Mortgage
Pass	$	1,214	$	4,853	$	3,950	$	465	$	200	$	379	$	52,752	$	63,813
Special Mention		-		-		-		-		-		-		200		200
Substandard		-		-		-		-		-		-		146		146
Doubtful		-		-		-		-		-		502		-		502
	$	1,214	$	4,853	$	3,950	$	465	$	200	$	881	$	53,098	$	64,661
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Multifamily Residential
Pass	$	639	$	3,567	$	10,484	$	8,616	$	7,814	$	6,087	$	-	$	37,207
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-
	$	639	$	3,567	$	10,484	$	8,616	$	7,814	$	6,087	$	-	$	37,207
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving		Total
June 30, 2024:	(In thousands)
1-4 Family Residential Construction
Pass	$	5,494	$	5,945	$	1,370	$	630	$	617	$	257	$	-	$	14,313
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		-		87		-		-		-		87
	$	5,494	$	5,945	$	1,370	$	717	$	617	$	257	$	-	$	14,400
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Other Construction, Development and Land
Pass	$	4,686	$	32,970	$	36,745	$	3,577	$	1,571	$	3,610	$	-	$	83,159
Special Mention		-		-		-		-		-		48		-		48
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		54		-		54
	$	4,686	$	32,970	$	36,745	$	3,577	$	1,571	$	3,712	$	-	$	83,261
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Commercial Real Estate
Pass	$	12,380	$	19,083	$	39,260	$	27,358	$	18,894	$	50,970	$	1,118	$	169,063
Special Mention		-		95		1,100		-		1,600		2,626		250		5,671
Substandard		311		718		-		566		216		802		-		2,613
Doubtful		-		-		-		-		-		-		-		-
	$	12,691	$	19,896	$	40,360	$	27,924	$	20,710	$	54,398	$	1,368	$	177,347
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Commercial Business
Pass	$	4,364	$	12,878	$	11,281	$	9,704	$	5,202	$	5,074	$	13,347	$	61,850
Special Mention		40		65		82		89		43		155		190		664
Substandard		-		107		-		-		-		35		-		142
Doubtful		-		-		2,029		-		-		-		-		2,029
	$	4,404	$	13,050	$	13,392	$	9,793	$	5,245	$	5,264	$	13,537	$	64,685
Current period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving		Total
June 30, 2024:	(In thousands)
Consumer and Other
Pass	$	10,914	$	20,041	$	10,976	$	5,472	$	1,555	$	8,238	$	2,405	$	59,601
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		93		93
Doubtful		-		-		-		-		-		-		-		-
	$	10,914	$	20,041	$	10,976	$	5,472	$	1,555	$	8,238	$	2,498	$	59,694
Current period gross write-offs	$	-	$	25	$	92	$	20	$	5	$	2	$	37	$	181
Total Loans
Pass	$	51,807	$	132,330	$	143,274	$	80,076	$	42,337	$	104,973	$	69,622	$	624,419
Special Mention		40		192		1,182		89		1,643		3,174		640		6,960
Substandard		311		825		-		566		290		1,236		239		3,467
Doubtful		-		-		2,073		243		-		1,422		-		3,738
	$	52,158	$	133,347	$	146,529	$	80,974	$	44,270	$	110,805	$	70,501	$	638,584
Current period gross write-offs	$	-	$	25	$	92	$	20	$	5	$	6	$	37	$	185

	Term Loans Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Revolving		Total
December 31, 2023:	(In thousands)
1-4 Family Residential Mortgage
Pass	$	34,344	$	31,551	$	25,846	$	6,913	$	9,525	$	23,628	$	-	$	131,807
Special Mention		-		-		-		-		-		144		-		144
Substandard		-		-		-		75		265		155		-		495
Doubtful		-		48		192		78		-		837		-		1,155
	$	34,344	$	31,599	$	26,038	$	7,066	$	9,790	$	24,764	$	-	$	133,601
Home Equity and Second Mortgage
Pass	$	5,267	$	4,380	$	529	$	232	$	163	$	327	$	51,794	$	62,692
Special Mention		-		-		-		-		-		-		61		61
Substandard		-		-		-		-		-		-		94		94
Doubtful		-		-		-		-		264		190		-		454
	$	5,267	$	4,380	$	529	$	232	$	427	$	517	$	51,949	$	63,301
Multifamily Residential
Pass	$	3,374	$	10,495	$	9,534	$	7,943	$	4,137	$	4,463	$	-	$	39,946
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		-		-		-
	$	3,374	$	10,495	$	9,534	$	7,943	$	4,137	$	4,463	$	-	$	39,946
1-4 Family Residential Construction
Pass	$	9,193	$	4,180	$	831	$	1,119	$	-	$	257	$	-	$	15,580
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		87		-		-		-		-		87
	$	9,193	$	4,180	$	918	$	1,119	$	-	$	257	$	-	$	15,667
Other Construction, Development and Land
Pass	$	26,717	$	35,673	$	7,495	$	2,655	$	1,231	$	2,795	$	-	$	76,566
Special Mention		-		-		-		-		-		49		-		49
Substandard		-		-		-		-		-		-		-		-
Doubtful		-		-		-		-		-		54		-		54
	$	26,717	$	35,673	$	7,495	$	2,655	$	1,231	$	2,898	$	-	$	76,669

	Term Loans Amortized Cost Basis by Origination Year
	2023		2022		2021		2020		2019		Prior		Revolving		Total
December 31, 2023:	(In thousands)
Commercial Real Estate
Pass	$	14,818	$	40,675	$	29,656	$	19,589	$	18,231	$	38,818	$	1,755	$	163,542
Special Mention		823		-		573		1,622		417		62		550		4,047
Substandard		-		-		-		231		-		825		-		1,056
Doubtful		-		-		-		-		-		-		-		-
	$	15,641	$	40,675	$	30,229	$	21,442	$	18,648	$	39,705	$	2,305	$	168,645
Commercial Business
Pass	$	14,717	$	12,603	$	11,049	$	5,706	$	5,312	$	3,646	$	12,384	$	65,417
Special Mention		208		2,097		106		48		160		-		138		2,757
Substandard		-		-		-		-		38		-		-		38
Doubtful		-		-		-		-		-		-		-		-
	$	14,925	$	14,700	$	11,155	$	5,754	$	5,510	$	3,646	$	12,522	$	68,212
Consumer and Other
Pass	$	23,335	$	13,906	$	7,662	$	2,604	$	846	$	5,446	$	2,484	$	56,283
Special Mention		-		-		-		-		-		-		-		-
Substandard		-		-		-		-		-		-		90		90
Doubtful		-		-		-		-		-		-		-		-
	$	23,335	$	13,906	$	7,662	$	2,604	$	846	$	5,446	$	2,574	$	56,373
Total Loans
Pass	$	131,765	$	153,463	$	92,602	$	46,761	$	39,445	$	79,380	$	68,417	$	611,833
Special Mention		1,031		2,097		679		1,670		577		255		749		7,058
Substandard		-		-		-		306		303		980		184		1,773
Doubtful		-		48		279		78		264		1,081		-		1,750
	$	132,796	$	155,608	$	93,560	$	48,815	$	40,589	$	81,696	$	69,350	$	622,414