Note 16 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

	(in thousands)
2021	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
Recurring:
Securities available-for-sale:
Obligations of state and political subdivisions	$	-	$	150,784	$	-	$	150,784
Mortgage-backed		-		152,570		-		152,570
U.S. Government agencies		-		2,483		-		2,483
Other		1,803		2		-		1,805
Mortgage servicing rights		-		-		1,868		1,868
Total recurring	$	1,803	$	305,839	$	1,868	$	309,510
Nonrecurring:
Impaired Loans		-		-		-		-

	(in thousands)
2020	Level 1 inputs		Level 2 inputs		Level 3 inputs		Total fair value
Recurring:
Securities available-for-sale:
Obligations of state and political subdivisions	$	-	$	99,805	$	-	$	99,805
Mortgage-backed		-		93,611		-		93,611
Other		1,162		2		-		1,164
Mortgage servicing rights		-		-		1,132		1,132
Total recurring	$	1,162	$	193,418	$	1,132	$	195,712
Nonrecurring:
Impaired Loans	$	-	$	-	$	1,463	$	1,463

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	(in thousands)
Mortgage Servicing Rights	2021			2020			2019
Balance at beginning of year	$	1,132		$	1,061		$	1,313
Gains or losses, including realized and unrealized:
Purchases, issuances, and settlements		628			690			192
Disposals – amortization based on loan payments and payoffs		(187	)		(326	)		(186	)
Changes in fair value		295			(293	)		(258	)
Balance at end of year	$	1,868		$	1,132		$	1,061