Note 10 - Fair Values Measurement (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

			Fair Value Measurements at March 31, 20 20 Using
			(in thousands)
			Quoted Prices In				Significant
			Active Markets for		Significant Other		Unobservable
	Carrying		Identical Assets		Observable Inputs		Inputs
Description	Value		(Level 1)		(Level 2)		(Level 3)
Available for sale securities
U.S. Government and federal agency	$	21,104	$	—	$	21,104	$	—
Agency mortgage-backed: residential		89,101		—		89,101		—
Collateralized loan obligations		40,754		—		40,754		—
State and municipal		28,154		—		28,154		—
Corporate bonds		19,544		—		19,544		—
Total	$	198,657	$	—	$	198,657	$	—

			Fair Value Measurements at December 31, 201 9 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities
U.S. Government and federal agency	$	22,330	$	—	$	22,330	$	—
Agency mortgage-backed: residential		92,200		—		92,200		—
Collateralized loan obligations		49,419		—		49,419		—
State and municipal		28,366		—		28,366		—
Corporate bonds		16,685		—		16,685		—
Total	$	209,000	$	—	$	209,000	$	—

			Fair Value Measurements at March 31, 20 20 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired loans:
Commercial real estate:
Farmland	$	124	$	—	$	—	$	124
Residential real estate:
1-4 Family		74		—		—		74

			Fair Value Measurements at December 31, 201 9 Using
			(in thousands)
Description	Carrying Value		Quoted Prices In Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired loans:
Commercial	$	21	$	—	$	—	$	21
Commercial real estate:
Farmland		245		—		—		245
Residential real estate:
1-4 Family		145		—		—		145

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

			Fair Value Measurements at March 31, 20 20 Using
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets
Cash and cash equivalents	$	33,148	$	33,148	$	—	$	—	$	33,148
Securities available for sale		198,657		—		198,657		—		198,657
Federal Home Loan Bank stock		6,837		N/A		N/A		N/A		N/A
Loans, net		952,411		—		—		903,898		903,898
Accrued interest receivable		4,219		—		993		3,226		4,219
Financial liabilities
Deposits	$	1,057,900	$	185,658	$	874,347	$	—	$	1,060,005
Federal Home Loan Bank advances		61,349		—		61,357		—		61,357
Junior subordinated debentures		21,000		—		—		14,153		14,153
Subordinated capital note		17,000		—		—		16,095		16,095
Senior Debt		5,000		—		—		4,900		4,900
Accrued interest payable		715		—		509		206		715

			Fair Value Measurements at December 31, 201 9 Using
	Carrying Amount		Level 1		Level 2		Level 3		Total
	(in thousands)
Financial assets
Cash and cash equivalents	$	30,203	$	30,203	$	—	$	—	$	30,203
Securities available for sale		209,000		—		209,000		—		209,000
Federal Home Loan Bank stock		6,237		N/A		N/A		N/A		N/A
Loans, net		917,895		—		—		925,388		925,388
Accrued interest receivable		4,257		—		1,118		3,139		4,257
Financial liabilities
Deposits	$	1,026,975	$	187,551	$	839,882	$	—	$	1,027,433
Federal Home Loan Bank advances		61,389		—		61,395		—		61,395
Junior subordinated debentures		21,000		—		—		17,466		17,466
Subordinated capital note		17,000		—		—		17,003		17,003
Senior Debt		5,000		—		—		5,022		5,022
Accrued interest payable		1,129		—		647		482		1,129