Note 4 - Loan Receivables and Allowance for Loan and Lease Losses (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

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

	December 31,
(In thousands)	2020			2019
Loan portfolio segment:
Commercial Real Estate	$	282,378		$	314,414
Residential Real Estate		153,851			175,489
Commercial and Industrial		144,297			173,875
Consumer and Other		67,635			85,934
Construction		66,984			48,388
Construction to Permanent - CRE		15,035			14,064
Loans receivable, gross		730,180			812,164
Allowance for loan and lease losses		(10,584	)		(10,115	)
Loans receivable, net	$	719,596		$	802,049

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

(In thousands)	Year Ended December 31,
	2020			2019			2018
Accretable discount, beginning of period	$	(47	)	$	(792	)	$	(1,316	)
Accretion		2			47			92
Other changes, net		45			698			432
Accretable discount, end of period	$	-		$	(47	)	$	(792	)

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

(In thousands)	Commercial Real Estate			Residential Real Estate			Commercial and Industrial			Consumer and Other			Construction			Construction to Permanent - CRE		Unallocated			Total
As of and for the year ended December 31, 2020
Allowance for loan and lease losses:
December 31, 2019	$	3,789		$	1,038		$	4,340		$	341		$	477		$	130	$	-		$	10,115
Charge-offs		(1,032	)		(24	)		(677	)		(45	)		-			-		-			(1,778	)
Recoveries		-			1			70			6			-			-		-			77
Provisions (credits)		1,728			364			(449	)		(7	)		262			32		240			2,170
December 31, 2020	$	4,485		$	1,379		$	3,284		$	295		$	739		$	162	$	240		$	10,584
As of and for the year ended December 31, 2019
Allowance for loan and lease losses:
December 31, 2018	$	1,866		$	1,059		$	3,558		$	641		$	350		$	108	$	27		$	7,609
Charge-offs		-			(118	)		(2,418	)		(123	)		-			-		-			(2,659	)
Recoveries		2			10			172			10			-			-		-			194
Provisions (credits)		1,921			87			3,028			(187	)		127			22		(27	)		4,971
December 31, 2019	$	3,789		$	1,038		$	4,340		$	341		$	477		$	130	$	-		$	10,115
As of and for the year ended December 31, 2018
Allowance for loan and lease losses:
December 31, 2017	$	2,212		$	959		$	2,023		$	568		$	481		$	54	$	-		$	6,297
Charge-offs		-			(2	)		-			(33	)		-			-		-			(35	)
Recoveries		7			2			34			1			-			-		-			44
Provisions (credits)		(353	)		100			1,501			105			(131	)		54		27			1,303
December 31, 2018	$	1,866		$	1,059		$	3,558		$	641		$	350		$	108	$	27		$	7,609

(In thousands)	Commercial Real Estate		Residential Real Estate		Commercial and Industrial		Consumer and Other		Construction		Construction to Permanent - CRE		Unallocated		Total
December 31, 2020
Allowance for loan and lease losses:
Individually evaluated for impairment	$	1,398	$	4	$	-	$	10	$	-	$	-	$	-	$	1,412
Collectively evaluated for impairment		3,087		1,375		3,284		285		739		162		240		9,172
Total allowance for loan and lease losses	$	4,485	$	1,379	$	3,284	$	295	$	739	$	162	$	240	$	10,584
Loans receivable, gross:
Individually evaluated for impairment	$	14,534	$	3,962	$	4,700	$	1,187	$	-	$	-	$	-	$	24,383
Collectively evaluated for impairment		267,844		149,889		139,597		66,448		66,984		15,035		-		705,797
Total loans receivable, gross	$	282,378	$	153,851	$	144,297	$	67,635	$	66,984	$	15,035	$	-	$	730,180

(In thousands)	Commercial Real Estate		Residential Real Estate		Commercial and Industrial		Consumer and Other		Construction		Construction to Permanent - CRE		Unallocated		Total
December 31, 2019
Allowance for loan and lease losses:
Individually evaluated for impairment	$	1,496	$	-	$	-	$	-	$	-	$	-	$	-	$	1,496
Collectively evaluated for impairment		2,293		1,038		4,340		341		477		130		-		8,619
Total allowance for loan losses	$	3,789	$	1,038	$	4,340	$	341	$	477	$	130	$	-	$	10,115
Loans receivable, gross:
Individually evaluated for impairment	$	13,034	$	3,621	$	2,057	$	916	$	-	$	-	$	-	$	19,628
PCI loans individually evaluated for impairment		-		-		176		-		-		-		-		176
Collectively evaluated for impairment		301,380		171,868		171,642		85,018		48,388		14,064		-		792,360
Total loans receivable, gross	$	314,414	$	175,489	$	173,875	$	85,934	$	48,388	$	14,064	$	-	$	812,164

Financing Receivable, Past Due [Table Text Block]

	Performing (Accruing) Loans
As of December 31, 2020:	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Performing Loans		Non- accruing Loans		Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass	$	-	$	-	$	-	$	-	$	230,824	$	230,824	$	-	$	230,824
Special mention		-		-		-		-		25,658		25,658		-		25,658
Substandard		354		-		9		363		10,999		11,362		14,534		25,896
		354		-		9		363		267,481		267,844		14,534		282,378
Residential Real Estate:
Pass		478		361		-		839		145,298		146,137		-		146,137
Special mention		-		-		-		-		3,860		3,860		-		3,860
Substandard		-		-		-		-		-		-		3,854		3,854
		478		361		-		839		149,158		149,997		3,854		153,851
Commercial and Industrial:
Pass		-		209		-		209		102,131		102,340		-		102,340
Special mention		-		4,000		-		4,000		8,881		12,881		-		12,881
Substandard		603		113		-		716		27,660		28,376		700		29,076
		603		4,322		-		4,925		138,672		143,597		700		144,297
Consumer and Other:
Pass		1		-		7		8		66,589		66,597		-		66,597
Substandard		-		-		-		-		121		121		917		1,038
		1		-		7		8		66,710		66,718		917		67,635
Construction:
Pass		-		2,351		-		2,351		64,633		66,984		-		66,984
		-		2,351		-		2,351		64,633		66,984		-		66,984
Construction to Permanent - CRE:
Pass		-		-		-		-		15,035		15,035		-		15,035
		-		-		-		-		15,035		15,035		-		15,035
Total	$	1,436	$	7,034	$	16	$	8,486	$	701,689	$	710,175	$	20,005	$	730,180
Loans receivable, gross:
Pass	$	479	$	2,921	$	7	$	3,407	$	624,510	$	627,917	$	-	$	627,917
Special mention		-		4,000		-		4,000		38,399		42,399		-		42,399
Substandard		957		113		9		1,079		38,780		39,859		20,005		59,864
Loans receivable, gross	$	1,436	$	7,034	$	16	$	8,486	$	701,689	$	710,175	$	20,005	$	730,180

(In thousands)	Performing (Accruing) Loans
As of December 31, 2019:	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Performing Loans		Non- accruing Loans		Loans Receivable Gross
Loan portfolio segment:
Commercial Real Estate:
Pass	$	-	$	-	$	-	$	-	$	295,982	$	295,982	$	-	$	295,982
Special mention		-		-		-		-		385		385		-		385
Substandard		-		-		-		-		6,086		6,086		11,961		18,047
		-		-		-		-		302,453		302,453		11,961		314,414
Residential Real Estate:
Pass		658		-		-		658		169,903		170,561		-		170,561
Substandard		-		-		-		-		1,700		1,700		3,228		4,928
		658		-		-		658		171,603		172,261		3,228		175,489
Commercial and Industrial:
Pass		327		350		-		677		162,711		163,388		-		163,388
Special mention		279		-		-		279		172		451		-		451
Substandard		-		-		-		-		7,942		7,942		2,094		10,036
		606		350		-		956		170,825		171,781		2,094		173,875
Consumer and Other:
Pass		2,805		3		19		2,827		82,341		85,168		-		85,168
Substandard		-		-		-		-		-		-		766		766
		2,805		3		19		2,827		82,341		85,168		766		85,934
Construction:
Pass		-		-		-		-		48,388		48,388		-		48,388
		-		-		-		-		48,388		48,388		-		48,388
Construction to Permanent - CRE:
Pass		-		-		-		-		14,064		14,064		-		14,064
		-		-		-		-		14,064		14,064		-		14,064
Total	$	4,069	$	353	$	19	$	4,441	$	789,674	$	794,115	$	18,049	$	812,164
Loans receivable, gross:
Pass	$	3,790	$	353	$	19	$	4,162	$	773,389	$	777,551	$	-	$	777,551
Special mention		279		-		-		279		557		836		-		836
Substandard		-		-		-		-		15,728		15,728		18,049		33,777
Loans receivable, gross	$	4,069	$	353	$	19	$	4,441	$	789,674	$	794,115	$	18,049	$	812,164

Financing Receivable, Nonaccrual [Table Text Block]

(In thousands)	Non-accruing Loans
	30 - 59 Days Past Due		60 - 89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Current		Total Non-accruing Loans
As of December 31, 2020:
Loan portfolio segment:
Commercial Real Estate:
Substandard	$	-	$	-	$	5,723	$	5,723	$	8,811	$	14,534
Residential Real Estate:
Substandard		-		-		2,884		2,884		970		3,854
Commercial and Industrial:
Substandard		-		-		700		700		-		700
Consumer and Other:
Substandard		22		-		91		113		804		917
Total non-accruing loans	$	22	$	-	$	9,398	$	9,420	$	10,585	$	20,005
As of December 31, 2019:
Loan portfolio segment:
Commercial Real Estate:
Substandard	$	-	$	-	$	1,636	$	1,636	$	10,325	$	11,961
Residential Real Estate:
Substandard		-		-		1,872		1,872		1,356		3,228
Commercial and Industrial:
Substandard		-		-		1,724		1,724		370		2,094
Consumer and Other:
Substandard		-		-		149		149		617		766
Total non-accruing loans	$	-	$	-	$	5,381	$	5,381	$	12,668	$	18,049

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

(In thousands)	December 31, 2020					December 31, 2019
Loan portfolio segment:	Number of Loans		Recorded Investment			Number of Loans		Recorded Investment
Commercial Real Estate		2	$	9,884			2	$	9,873
Residential Real Estate		3		928			2		393
Commercial and Industrial		1		4,000			-		-
Consumer and Other		5		1,074			2		687
Total TDR Loans		11		15,886			6		10,953
Less:
TDRs included in non-accrual loans		6		(11,508	)		2		(9,337	)
Total accrual TDR Loans		5	$	4,378			4	$	1,616

					Outstanding Recorded Investment
(In thousands)	Number of Loans				Pre-Modification				Post-Modification
Year Ended December 31,	2020		2019		2020		2019		2020		2019
Loan portfolio segment:
Commercial Real Estate		2		2	$	822	$	8,912	$	819	$	8,911
Commercial and Industrial		1		-		4,000		-		4,000		-
Consumer and Other		3		-		413		-	$	414		-
Total TDR Loans		6		2	$	5,235	$	8,912	$	5,233	$	8,911

	Year Ended December 31,
(In thousands)	2020		2019
Rate reduction	$	4,819	$	111
Extension of interest only period		121		-
Payment deferral		293		-
Maturity and rate reduction		-		8,800
Total	$	5,233	$	8,911

Impaired Financing Receivables [Table Text Block]

(In thousands)	December 31, 2020						December 31, 2019
	Recorded Investment		Principal Outstanding		Related Allowance		Recorded Investment		Principal Outstanding		Related Allowance
With no related allowance recorded:
Commercial Real Estate	$	5,723	$	6,644	$	-	$	4,234	$	4,309	$	-
Residential Real Estate		3,853		3,900		-		3,621		3,623		-
Commercial and Industrial		4,700		4,816		-		2,057		2,060		-
Consumer and Other		1,177		1,332		-		916		1,000		-
		15,453		16,692		-		10,828		10,992		-
With a related allowance recorded:
Commercial Real Estate	$	8,811	$	8,811	$	1,398		8,800		8,800		1,496
Residential Real Estate		109		109		4		-		-		-
Consumer and Other		10		10		10		-		-		-
		8,930		8,930		1,412		8,800		8,800		1,496
Impaired Loans, Total:
Commercial Real Estate		14,534		15,455		1,398		13,034		13,109		1,496
Residential Real Estate		3,962		4,009		4		3,621		3,623		-
Commercial and Industrial		4,700		4,816		-		2,057		2,060		-
Consumer and Other		1,187		1,342		10		916		1,000		-
Impaired Loans, Total	$	24,383	$	25,622	$	1,412	$	19,628	$	19,792	$	1,496

	Year Ended December 31,
(In thousands)	2020				2019				2018
	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial Real Estate	$	5,859	$	39	$	9,829	$	95	$	3,318	$	100
Residential Real Estate		3,681		28		2,531		104		3,154		11
Commercial and Industrial		2,111		79		1,800		45		987		-
Consumer and Other		1,132		47		901		35		750		31
Construction		-		-		4,062		-		1,354		503
		12,783		193		19,123		279		9,563		645
With a related allowance recorded:
Commercial Real Estate		8,861		35		888		415		-		-
Residential Real Estate		34		7		952		-		126		-
Commercial and Industrial		-		-		1,714		-		474		-
Consumer and Other		39		-		18		-		9		-
		8,934		42		3,572		415		609		-
Impaired Loans, Total:
Commercial Real Estate		14,720		74		10,717		510		3,318		100
Residential Real Estate		3,715		35		3,483		104		3,280		11
Commercial and Industrial		2,111		79		3,514		45		1,461		-
Consumer and Other		1,171		47		919		35		759		31
Construction		-		-		4,062		-		1,354		503
Impaired Loans, Total	$	21,717	$	235	$	22,695	$	694	$	10,172	$	645