Note 14 - Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

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

							Hierarchy
(in thousands)	Carrying			Fair			Valuation
	Amount			Value			Level
Financial assets:
Cash and cash equivalents	$	147,594		$	147,594		1
Restricted equity securities		4,761			4,761		2
Loans, net		741,047			742,484		3
Interest receivable		3,457			3,457		2
Financial liabilities:
Deposits		(1,019,929	)		(1,019,654	)	3
Interest payable		(50	)		(50	)	2
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit					(1,647	)	3

							Hierarchy
(in thousands)	Carrying			Fair			Valuation
	Amount			Value			Level
Financial assets:
Cash and cash equivalents	$	126,145		$	126,145		1
Restricted equity securities		4,357			4,357		2
Loans, net		702,220			697,369		3
Interest receivable		3,755			3,755		2
Financial liabilities:
Deposits		(986,495	)		(986,096	)	3
Interest payable		(40	)		(40	)	2
Off-balance-sheet assets (liabilities):
Commitments and standby letters of credit					(1,539	)	3

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

	Fair Value Measurements at Dec ember 3 1 , 201 9 Using
(in thousands)	Dec ember 3 1 , 201 9		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets and liabilities measured on a recurring basis:
Available-for-sale securities:
U.S. agencies	$	31,729	$	0	$	31,729	$	0
Collateralized mortgage obligations		1,614		0		1,614		0
Municipalities		90,571		0		90,571		0
SBA pools		6,395		0		6,395		0
Corporate debt		18,968		0		18,968		0
Asset backed securities		40,811		0		40,811		0
Equity Securities:*
Mutual fund	$	3,297	$	3,297	$	0	$	0
Assets and liabilities measured on a non-recurring basis:
Impaired loans:
Land	$	175	$	0	$	0	$	175
Consumer residential		248		0		0		248

	Fair Value Measurements at Dec ember 3 1 , 2018 Using
(in thousands)	Dec ember 3 1 , 2018		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets and liabilities measured on a recurring basis:
Available-for-sale securities:
U.S. agencies	$	44,106	$	0	$	44,106	$	0
Collateralized mortgage obligations		2,012		0		2,012		0
Municipalities		93,237		0		93,237		0
SBA pools		8,673		0		8,673		0
Corporate debt		20,587		0		20,587		0
Asset backed securities		38,097		0		38,097		0
Equity Securities:*
Mutual fund	$	3,106	$	3,106	$	0	$	0
Assets and liabilities measured on a non-recurring basis:
Impaired loans:
Land	$	226	$	0	$	0	$	226
Consumer residential		14		0		0		14