Note 11 - Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Totals
Securities available-for-sale
Mortgage-backed securities	$	-	$	95,536	$	-	$	95,536
State, county and municipal		-		105,761		-		105,761
Other securities		-		443		-		443
Total	$	-	$	201,740	$	-	$	201,740

	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Totals
Securities available-for-sale
Mortgage-backed securities	$	-	$	96,972	$	-	$	96,972
State, county and municipal		-		103,913		-		103,913
Other securities		-		437		-		437
Total	$	-	$	201,322	$	-	$	201,322

Fair Value Measurements, Nonrecurring [Table Text Block]

	March 31, 2023
	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Totals
Impaired loans	$	-	$	-	$	1,950	$	1,950
Total	$	-	$	-	$	1,950	$	1,950

Fair Value, by Balance Sheet Grouping [Table Text Block]

	December 31, 2022
	Quoted Prices
	in Active		Significant
	Markets for		Other		Significant
	Identical		Observable		Unobservable
	Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Totals
Impaired loans	$	-	$	-	$	2,074	$	2,074
Total	$	-	$	-	$	2,074	$	2,074

		Fair Value Measurements Using:
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant		Total
	Carrying		Identical		Observable		Unobservable		Fair
March 31, 2023	Value		Assets		Inputs		Inputs		Value
			(Level 1)		(Level 2)		(Level 3)
Financial assets
Cash and due from banks	$	15,600	$	15,600	$	-	$	-	$	15,600
Interest bearing deposits with banks		606		606		-		-		606
Securities held-to-maturity		402,237		-		375,952		-		375,952
Securities available-for-sale		201,740		-		201,740		-		201,740
Net LHFI		561,223		-		-		521,259		521,259
Financial liabilities
Deposits	$	1,115,826	$	929,637	$	187,335	$	-	$	1,116,972
Securities sold under agreement to repurchase		98,532		98,532		-		-		98,532
Short-term borrowings		1,725		1,725		-		-		1,725
Borrowings on secured line of credit		18,000		18,000		-		-		18,000

			Fair Value Measurements Using:
			Quoted Prices
			in Active		Significant
			Markets for		Other		Significant		Total
	Carrying		Identical		Observable		Unobservable		Fair
December 31, 2022	Value		Assets		Inputs		Inputs		Value
			(Level 1)		(Level 2)		(Level 3)
Financial assets
Cash and due from banks	$	26,948	$	26,948	$	-	$	-	$	26,948
Interest bearing deposits with banks		1,646		1,646		-		-		1,646
Securities held-to-maturity		406,590		-		375,292		-		375,292
Securities available-for-sale		201,322		-		201,322		-		201,322
Net LHFI		580,327		-		-		541,173		541,173
Financial liabilities
Deposits	$	1,126,402	$	947,479	$	178,902	$	-	$	1,126,381
Securities sold under agreement to repurchase		127,574		127,574		-		-		127,574
Borrowings on secured line of credit		18,000		18,000		-		-		18,000