Note 21 - Fair Value and Interest Rate Risk (Tables)

12 Months Ended

Dec. 31, 2020

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

(In thousands)		December 31, 2020				December 31, 2019
	Value Hierarchy	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial Assets:
Cash and noninterest bearing balances due from banks	Level 1	$	3,006	$	3,006	$	2,693	$	2,693
Interest-bearing deposits due from banks	Level 1		31,630		31,630		36,711		36,711
Available-for-sale securities	Level 2		49,262		49,262		48,317		48,317
Other investments	Level 2		4,450		4,450		4,450		4,450
Federal Reserve Bank stock	Level 2		2,783		2,783		2,897		2,897
Federal Home Loan Bank stock	Level 2		4,503		4,503		4,477		4,477
Loans receivable, net	Level 3		719,596		716,822		802,049		793,559
Loans held for sale	Level 2		1,217		1,343		15,282		16,733
SBA servicing assets	Level 3		316		375		201		280
Other real estate owned	Level 2		1,906		1,906		2,400		2,400
Accrued interest receivable	Level 2		6,620		6,620		3,603		3,603
Interest rate swap receivable	Level 2		1,187		1,187		694		694

Financial assets, total		$	826,476	$	823,887	$	923,774	$	916,814

Financial Liabilities:
Demand deposits	Level 2	$	158,676	$	158,676	$	88,135	$	88,135
Savings deposits	Level 2		98,635		98,635		64,020		64,020
Money market deposits	Level 2		146,389		146,389		99,115		99,115
NOW accounts	Level 2		30,529		30,529		26,864		26,864
Time deposits	Level 2		210,140		210,882		261,492		261,914
Brokered deposits	Level 1		41,287		41,643		229,909		230,073
FHLB borrowings	Level 2		90,000		97,293		100,000		103,962
Senior notes	Level 2		11,927		12,028		11,853		11,722
Subordinated debt	Level 2		9,782		10,125		9,752		9,747
Junior subordinated debt owed to unconsolidated trust	Level 2		8,110		8,110		8,102		8,102
Note payable	Level 3		994		997		1,193		1,129
Accrued interest payable	Level 2		572		572		1,971		1,971
Contingent consideration liability	Level 3		-		-		86		86
Interest rate swap liability	Level 2		1,187		1,187		694		694

Financial liabilities, total		$	808,228	$	817,066	$	903,186	$	907,534

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

(In thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
December 31, 2020:
U. S. Government agency mortgage-backed securities	$	-	$	16,833	$	-	$	16,833
Corporate bonds		-		17,290		-		17,290
Subordinated notes		-		9,005		-		9,005
SBA loan pools		-		5,567		-		5,567
Municipal bonds		-		567		-		567

Available-for-sale securities	$	-	$	49,262	$	-	$	49,262

Interest rate swap receivable	$	-	$	1,187	$	-	$	1,187

Interest rate swap liability	$	-	$	1,187	$	-	$	1,187

December 31, 2019:
U. S. Government agency mortgage-backed securities	$	-	$	16,685	$	-	$	16,685
Corporate bonds		-		17,313		-		17,313
Subordinated notes		-		9,204		-		9,204
SBA loan pools		-		5,115		-		5,115
Available-for-sale securities	$	-	$	48,317	$	-	$	48,317

Impaired PCI Loans, net	$	-	$	-	$	176	$	176

Contingent consideration liability	$	-	$	-	$	86	$	86

Interest rate swap receivable	$	-	$	694	$	-	$	694

Interest rate swap liability	$	-	$	694	$	-	$	694

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

(In thousands)	Fair Value		Valuation Methodology	Unobservable Inputs	Range of Inputs
December 31, 2020:
Impaired loans, net	$	22,971	Real Estate Appraisals	Discount for appraisal type	5.8%	-	20%

Other Real Estate Owned		1,906	Real Estate Appraisals	Discount for appraisal type		5.84%

SBA servicing assets		375	Discounted Cash Flows	Market discount rates	14.73%	-	14.90%

December 31, 2019:
Impaired loans, net	$	18,132	Real Estate Appraisals	Discount for appraisal type	8%	-	20%

Other Real Estate Owned		2,400	Real Estate Appraisals	Discount for appraisal type		12%

SBA servicing assets		280	Discounted Cash Flows	Market discount rates	14.73%	-	14.90%