Note 3 - Loans (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

	March 31,			December 31,
	20 20			201 9
	(in thousands)
Commercial	$	169,176		$	145,551
Commercial Real Estate:
Construction		71,267			64,911
Farmland		80,579			79,118
Nonfarm nonresidential		261,807			255,459
Residential Real Estate:
Multi-family		75,525			70,950
1-4 Family		220,701			226,629
Consumer		44,814			47,790
Agriculture		36,977			35,064
Other		715			799
Subtotal		961,561			926,271
Less: Allowance for loan losses		(9,150	)		(8,376	)
Loans, net	$	952,411		$	917,895

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

	Commercial			Commercial Real Estate			Residential Real Estate			Consumer			Agriculture			Other			Total
	(in thousands)
March 31, 20 20 :
Beginning balance	$	1,710		$	4,080		$	1,743		$	485		$	355		$	3		$	8,376
Provision (negative provision)		339			141			220			265			87			(2	)		1,050
Loans charged off		(29	)		(29	)		(75	)		(161	)		(41	)		–			(335	)
Recoveries		5			20			21			4			8			1			59
Ending balance	$	2,025		$	4,212		$	1,909		$	593		$	409		$	2		$	9,150
March 31, 201 9 :
Beginning balance	$	1,299		$	4,676		$	2,452		$	130		$	321		$	2		$	8,880
Provision (negative provision)		143			(165	)		(204	)		193			33			–			–
Loans charged off		–			(15	)		(82	)		(180	)		(1	)		–			(278	)
Recoveries		5			2			61			16			–			–			84
Ending balance	$	1,447		$	4,498		$	2,227		$	159		$	353		$	2		$	8,686

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	$	–	$	19	$	1	$	–	$	–	$	–	$	20
Collectively evaluated for impairment		2,025		4,193		1,908		593		409		2		9,130
Total ending allowance balance	$	2,025	$	4,212	$	1,909	$	593	$	409	$	2	$	9,150
Loans:
Loans individually evaluated for impairment	$	158	$	922	$	921	$	143	$	–	$	–	$	2,144
Loans collectively evaluated for impairment		169,018		412,731		295,305		44,671		36,977		715		959,417
Total ending loans balance	$	169,176	$	413,653	$	296,226	$	44,814	$	36,977	$	715	$	961,561

	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

Impaired Financing Receivables [Table Text Block]

	As of March 31, 20 20						T hree Months Ended March 31, 20 20
	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	$	265	$	158	$	—	$	104	$	—	$	—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		414		299		—		296		10		10
Nonfarm nonresidential		1,043		480		—		485		8		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		1,862		846		—		795		3		3
Consumer		354		143		—		121		1		1
Agriculture		297		—		—		21		—		—
Other		—		—		—		—		—		—
Subtotal		4,235		1,926		—		1,822		22		14
With An Allowance Recorded:
Commercial		—		—		—		12		—		—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		143		143		19		212		2		—
Nonfarm nonresidential		—		—		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		75		75		1		111		2		—
Consumer		—		—		—		—		—		—
Agriculture		—		—		—		—		—		—
Other		—		—		—		—		—		—
Subtotal		218		218		20		335		4		—
Total	$	4,453	$	2,144	$	20	$	2,157	$	26	$	14

	As of December 31, 201 9						T hree Months Ended March 31, 201 9
	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	$	—	$	52	$	—	$	—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		380		293		—		98		5		5
Nonfarm nonresidential		1,057		489		—		256		3		3
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		1,679		745		—		1,544		22		22
Consumer		309		98		—		14		—		—
Agriculture		304		42		—		32		—		—
Other		—		—		—		—		—		—
Subtotal		3,867		1,717		—		1,996		30		30
With An Allowance Recorded:
Commercial		24		24		3		—		—		—
Commercial real estate:
Construction		—		—		—		—		—		—
Farmland		282		282		37		158		—		—
Nonfarm nonresidential		—		—		—		—		—		—
Residential real estate:
Multi-family		—		—		—		—		—		—
1-4 Family		183		147		2		719		11		—
Consumer		—		—		—		—		—		—
Agriculture		—		—		—		—		—		—
Other		—		—		—		—		—		—
Subtotal		489		453		42		877		11		—
Total	$	4,356	$	2,170	$	42	$	2,873	$	41	$	30

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	TDRs Performing to Modified Terms		TDRs Not Performing to Modified Terms		Total TDRs
	(in thousands)
March 31, 20 20
Commercial Real Estate:
Nonfarm nonresidential	$	391	$	—	$	391
Residential Real Estate:
1-4 Family		75		—		75
Total TDRs	$	466	$	—	$	466

	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

Financing Receivable, Nonaccrual [Table Text Block]

	Nonaccrual				Loans Past Due 90 Days And Over Still Accruing
	March 31 , 20 20		December 31, 201 9		March 31 , 20 20		December 31, 201 9
	(in thousands)
Commercial	$	158	$	50	$	—	$	—
Commercial Real Estate:
Construction		—		—		—		—
Farmland		298		431		—		—
Nonfarm nonresidential		89		90		—		—
Residential Real Estate:
Multi-family		—		—		—		—
1-4 Family		812		817		—		—
Consumer		143		98		—		—
Agriculture		—		42		—		—
Other		—		—		—		—
Total	$	1,500	$	1,528	$	—	$	—

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)
March 31, 20 20
Commercial	$	—	$	1	$	—	$	158	$	159
Commercial Real Estate:
Construction		—		—		—		—		—
Farmland		81		—		—		298		379
Nonfarm nonresidential		19		41		—		89		149
Residential Real Estate:
Multi-family		—		—		—		—		—
1-4 Family		961		147		—		812		1,920
Consumer		97		56		—		143		296
Agriculture		—		3		—		—		3
Other		—		—		—		—		—
Total	$	1,158	$	248	$	—	$	1,500	$	2,906

	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

Financing Receivable Credit Quality Indicators [Table Text Block]

	Pass		Watch		Special Mention		Substandard		Doubtful		Total
	(in thousands)
March 31, 20 20
Commercial	$	146,310	$	20,903	$	—	$	1,963	$	—	$	169,176
Commercial Real Estate:
Construction		71,267		—		—		—		—		71,267
Farmland		73,202		6,568		—		809		—		80,579
Nonfarm nonresidential		252,982		7,152		—		1,673		—		261,807
Residential Real Estate:
Multi-family		75,525		—		—		—		—		75,525
1-4 Family		214,559		3,683		—		2,459		—		220,701
Consumer		44,640		3		—		171		—		44,814
Agriculture		36,785		155		—		37		—		36,977
Other		715		—		—		—		—		715
Total	$	915,985	$	38,464	$	—	$	7,112	$	—	$	961,561

	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