Note 3 - Loans (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

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

	201 9			201 8
	(in thousands)
Commercial	$	145,551		$	129,368
Commercial Real Estate:
Construction		64,911			86,867
Farmland		79,118			77,937
Nonfarm nonresidential		255,459			172,177
Residential Real Estate:
Multi-family		70,950			49,757
1-4 Family		226,629			175,761
Consumer		47,790			39,104
Agriculture		35,064			33,737
Other		799			536
Subtotal		926,271			765,244
Less: Allowance for loan losses		(8,376	)		(8,880	)
Loans, net	$	917,895		$	756,364

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

	Commercial			Commercial Real Estate			Residential Real Estate			Consumer			Agriculture			Other			Total
December 31, 201 9 :	(in thousands)
Beginning balance	$	1,299		$	4,676		$	2,452		$	130		$	321		$	2		$	8,880
Provision (negative provision)		342			(622	)		(958	)		943			297			(2	)		–
Loans charged off		(37	)		(47	)		(275	)		(663	)		(266	)		–			(1,288	)
Recoveries		106			73			524			75			3			3			784
Ending balance	$	1,710		$	4,080		$	1,743		$	485		$	355		$	3		$	8,376

	Commercial			Commercial Real Estate			Residential Real Estate			Consumer			Agriculture			Other			Total
Dec ember 3 1 , 201 8 :	(in thousands)
Beginning balance	$	892		$	4,032		$	2,900		$	64		$	313		$	1		$	8,202
Provision (negative provision)		196			(192	)		(599	)		92			6			(3	)		(500	)
Loans charged off		(50	)		(198	)		(252	)		(95	)		(13	)		(8	)		(616	)
Recoveries		261			1,034			403			69			15			12			1,794
Ending balance	$	1,299		$	4,676		$	2,452		$	130		$	321		$	2		$	8,880

	Commercial			Commercial Real Estate			Residential Real Estate			Consumer			Agriculture			Other			Total
Dec ember 3 1 , 201 7 :	(in thousands)
Beginning balance	$	475		$	4,894		$	3,426		$	8		$	162		$	2		$	8,967
Provision (negative provision)		363			(1,223	)		(129	)		(8	)		213			(16	)		(800	)
Loans charged off		(5	)		(58	)		(692	)		(51	)		(95	)		–			(901	)
Recoveries		59			419			295			115			33			15			936
Ending balance	$	892		$	4,032		$	2,900		$	64		$	313		$	1		$	8,202

Impairment Evaluation of Financing Receivables [Table Text Block]

	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Agriculture		Other		Total
	(in thousands)
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	3	$	37	$	2	$	–	$	–	$	–	$	42
Collectively evaluated for impairment		1,707		4,043		1,741		485		355		3		8,334
Total ending allowance balance	$	1,710	$	4,080	$	1,743	$	485	$	355	$	3	$	8,376
Loans:
Loans individually evaluated for impairment	$	74	$	1,064	$	892	$	98	$	42	$	–	$	2,170
Loans collectively evaluated for impairment		145,477		398,424		296,687		47,692		35,022		799		924,101
Total ending loans balance	$	145,551	$	399,488	$	297,579	$	47,790	$	35,064	$	799	$	926,271

	Commercial		Commercial Real Estate		Residential Real Estate		Consumer		Agriculture		Other		Total
	(in thousands)
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	–	$	35	$	168	$	–	$	–	$	–	$	203
Collectively evaluated for impairment		1,299		4,641		2,284		130		321		2		8,677
Total ending allowance balance	$	1,299	$	4,676	$	2,452	$	130	$	321	$	2	$	8,880
Loans:
Loans individually evaluated for impairment	$	53	$	510	$	2,348	$	–	$	–	$	–	$	2,911
Loans collectively evaluated for impairment		129,315		336,471		223,170		39,104		33,737		536		762,333
Total ending loans balance	$	129,368	$	336,981	$	225,518	$	39,104	$	33,737	$	536	$	765,244

Impaired Financing Receivables [Table Text Block]

	Unpaid Principal Balance		Recorded Investment		Allowance For Loan Losses Allocated		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
	(in thousands)
With No Related Allowance Recorded:
Commercial	$	138	$	50	$	—	$	57	$	3	$	3
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		380		293		—		179		23		23
Nonfarm nonresidential		1,057		489		—		295		34		3
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		1,679		745		—		1,402		219		191
Consumer		309		98		—		56		6		6
Agriculture		304		42		—		47		3		3
Other		—		—		—		—		—		—
Subtotal		3,867		1,717		—		2,036		288		229
With An Allowance Recorded:
Commercial		24		24		3		15		2		—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		282		282		37		236		9		—
Nonfarm nonresidential		—		—		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		183		147		2		459		6		—
Consumer		—		—		—		—		—		—
Agriculture		—		—		—		—		—		—
Other		—		—		—		—		—		—
Subtotal		489		453		42		710		17		—
Total	$	4,356	$	2,170	$	42	$	2,746	$	305	$	229

	Unpaid Principal Balance		Recorded Investment		Allowance For Loan Losses Allocated		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
	(in thousands)
With No Related Allowance Recorded:
Commercial	$	120	$	53	$	—	$	125	$	—	$	—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		1,860		89		—		1,156		360		360
Nonfarm nonresidential		402		262		—		327		19		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		2,678		1,628		—		1,964		—		—
Consumer		12		—		—		1		—		—
Agriculture		—		—		—		—		—		—
Other		—		—		—		—		—		—
Subtotal		5,072		2,032		—		3,573		379		360
With An Allowance Recorded:
Commercial		—		—		—		60		3		—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		—		—		—		—		—		—
Nonfarm nonresidential		159		159		35		100		—		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		720		720		168		1,111		—		—
Consumer		—		—		—		—		—		—
Agriculture		—		—		—		—		—		—
Other		—		—		—		—		—		—
Subtotal		879		879		203		1,271		3		—
Total	$	5,951	$	2,911	$	203	$	4,844	$	382	$	360

	Unpaid Principal Balance		Recorded Investment		Allowance For Loan Losses Allocated		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
	(in thousands)
With No Related Allowance Recorded:
Commercial	$	703	$	487	$	—	$	495	$	7	$	7
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		3,687		2,059		—		2,651		210		210
Nonfarm nonresidential		1,047		576		—		716		59		47
Residential real estate:
Multi-family		—		—		—		820		—		—
1-4 Family		4,293		2,787		—		2,884		143		143
Consumer		9		1		—		2		2		2
Agriculture		—		—		—		24		1		1
Other		—		—		—		—		—		—
Subtotal		9,739		5,910		—		7,592		422		410
With An Allowance Recorded:
Commercial		100		100		13		100		7		—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		—		—		—		235		—		—
Nonfarm nonresidential		—		—		—		238		14		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		1,163		1,163		206		1,404		68		—
Consumer		—		—		—		—		—		—
Agriculture		—		—		—		24		—		—
Other		—		—		—		—		—		—
Subtotal		1,263		1,263		219		2,001		89		—
Total	$	11,002	$	7,173	$	219	$	9,593	$	511	$	410

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	TDRs Performing to Modified Terms		TDRs Not Performing to Modified Terms		Total TDRs
	(in thousands)
December 31, 201 9
Commercial Real Estate:
Nonfarm nonresidential	$	400	$	—	$	400
Residential Real Estate:
1-4 Family		75		—		75
Total TDRs	$	475	$	—	$	475

	TDRs Performing to Modified Terms		TDRs Not Performing to Modified Terms		Total TDRs
	(in thousands)
December 31, 2018
Commercial Real Estate:
Nonfarm nonresidential	$	190	$	—	$	190
Residential Real Estate:
1-4 Family		720		—		720
Total TDRs	$	910	$	—	$	910

Schedule of Troubled Debt Restructurings Postmodification[Table Text Block]

	TDRs Performing to Modified Terms		TDRs Not Performing to Modified Terms		Total TDRs
	(in thousands)
December 31, 201 9
Commercial Real Estate:
Nonfarm nonresidential	$	215	$	—	$	215
Residential Real Estate:
1-4 Family		75		—		75
Total TDRs	$	290	$	—	$	290

Financing Receivable, Nonaccrual [Table Text Block]

	Nonaccrual				Loans Past Due 90 Days And Over Still Accruing
	201 9		201 8		201 9		201 8
	(in thousands)
Commercial	$	50	$	53	$	—	$	—
Commercial Real Estate:
Construction		—		—		—		—
Farmland		431		249		—		—
Nonfarm nonresidential		90		61		—		—
Residential Real Estate:
Multi-family		—		—		—		—
1-4 Family		817		1,628		—		—
Consumer		98		—		—		—
Agriculture		42		—		—		—
Other		—		—		—		—
Total	$	1,528	$	1,991	$	—	$	—

Financing Receivable, Past Due [Table Text Block]

	30 – 59 Days Past Due		60 – 89 Days Past Due		90 Days And Over Past Due		Nonaccrual		Total Past Due And Nonaccrual
	(in thousands)
December 31 , 201 9
Commercial	$	14	$	3	$	—	$	50	$	67
Commercial Real Estate:
Construction		—		—		—		—		—
Farmland		274		—		—		431		705
Nonfarm nonresidential		206		—		—		90		296
Residential Real Estate:
Multi-family		—		—		—		—		—
1-4 Family		1,162		503		—		817		2,482
Consumer		91		164		—		98		353
Agriculture		—		—		—		42		42
Other		—		—		—		—		—
Total	$	1,747	$	670	$	—	$	1,528	$	3,945

	30 – 59 Days Past Due		60 – 89 Days Past Due		90 Days And Over Past Due		Nonaccrual		Total Past Due And Nonaccrual
	(in thousands)
December 31, 201 8
Commercial	$	39	$	—	$	—	$	53	$	92
Commercial Real Estate:
Construction		—		—		—		—		—
Farmland		244		107		—		249		600
Nonfarm nonresidential		—		52		—		61		113
Residential Real Estate:
Multi-family		—		—		—		—		—
1-4 Family		1,299		137		—		1,628		3,064
Consumer		8		35		—		—		43
Agriculture		3		—		—		—		3
Other		—		—		—		—		—
Total	$	1,593	$	331	$	—	$	1,991	$	3,915

Financing Receivable Credit Quality Indicators [Table Text Block]

	Pass		Watch		Special Mention		Substandard		Doubtful		Total
	(in thousands)
December 31, 201 9
Commercial	$	130,312	$	11,280	$	—	$	3,959	$	—	$	145,551
Commercial Real Estate:
Construction		64,911		—		—		—		—		64,911
Farmland		71,503		6,663		—		952		—		79,118
Nonfarm nonresidential		245,995		6,986		—		2,478		—		255,459
Residential Real Estate:
Multi-family		70,950		—		—		—		—		70,950
1-4 Family		221,727		2,420		—		2,482		—		226,629
Consumer		47,657		5		—		128		—		47,790
Agriculture		34,853		168		—		43		—		35,064
Other		799		—		—		—		—		799
Total	$	888,707	$	27,522	$	—	$	10,042	$	—	$	926,271

	Pass		Watch		Special Mention		Substandard		Doubtful		Total
	(in thousands)
December 31, 201 8
Commercial	$	129,106	$	141	$	—	$	121	$	—	$	129,368
Commercial Real Estate:
Construction		86,867		—		—		—		—		86,867
Farmland		74,054		2,741		—		1,142		—		77,937
Nonfarm nonresidential		169,551		1,983		—		643		—		172,177
Residential Real Estate:
Multi-family		44,697		5,060		—		—		—		49,757
1-4 Family		169,342		2,209		113		4,097		—		175,761
Consumer		38,768		11		—		325		—		39,104
Agriculture		32,683		1,019		—		35		—		33,737
Other		536		—		—		—		—		536
Total	$	745,604	$	13,164	$	113	$	6,363	$	—	$	765,244