Note 4 - Loans (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

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

	December 31,
	2019			2018
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	157,898		$	144,107
Commercial real estate		434,025			328,438
Other loans:
Home equity		56,414			52,159
Consumer		18,882			16,565
Commercial		113,319			76,762
Total		780,538			618,031
Deferred loan fees, net		(1,303	)		(1,098	)
Allowance for loan losses		(8,600	)		(6,600	)
Total loans, net	$	770,635		$	610,333

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

	Residential		Commercial			Home
	1-4 Family		Real Estate			Equity			Consumer			Commercial			Total
	(In Thousands)
Allowance for loan losses:
Beginning balance, January 1, 2019	$	1,301	$	3,593		$	477		$	190		$	1,039		$	6,600
Charge-offs		-		(195	)		(75	)		(78	)		(380	)		(728	)
Recoveries		-		17			-			26			58			101
Provision		-		1,411			75			146			995			2,627
Ending balance, December 31, 2019	$	1,301	$	4,826		$	477		$	284		$	1,712		$	8,600
Ending balance, December 31, 2019 allocated to loans individually evaluated for impairment	$	-	$	-		$	-		$	-		$	74		$	74
Ending balance, December 31, 2019 allocated to loans collectively evaluated for impairment	$	1,301	$	4,826		$	477		$	284		$	1,638		$	8,526
Loans receivable:
Ending balance, December 31, 2019	$	157,898	$	434,025		$	56,414		$	18,882		$	113,319		$	780,538
Ending balance, December 31, 2019 of loans individually evaluated for impairment	$	955	$	1,109		$	98		$	156		$	1,323		$	3,641
Ending balance, December 31, 2019 of loans collectively evaluated for impairment	$	156,943	$	432,916		$	56,316		$	18,726		$	111,996		$	776,897

	Residential		Commercial			Home
	1-4 Family		Real Estate			Equity			Consumer			Commercial			Total
	(In Thousands)
Allowance for loan losses:
Beginning balance, January 1, 2018	$	1,301	$	2,778		$	506		$	225		$	940		$	5,750
Charge-offs		-		(13	)		(80	)		(72	)		(24	)		(189	)
Recoveries		-		19			1			27			12			59
Provision		-		809			50			10			111			980
Ending balance, December 31, 2018	$	1,301	$	3,593		$	477		$	190		$	1,039		$	6,600
Ending balance, December 31, 2018 allocated to loans individually evaluated for impairment	$	-	$	-		$	-		$	-		$	-		$	-
Ending balance, December 31, 2018 allocated to loans collectively evaluated for impairment	$	1,301	$	3,593		$	477		$	190		$	1,039		$	6,600
Loans receivable:
Ending balance, December 31, 2018	$	144,107	$	328,438		$	52,159		$	16,565		$	76,762		$	618,031
Ending balance, December 31, 2018 of loans individually evaluated for impairment	$	887	$	445		$	491		$	127		$	340		$	2,290
Ending balance, December 31, 2018 of loans collectively evaluated for impairment	$	143,220	$	327,993		$	51,668		$	16,438		$	76,422		$	615,741

Financing Receivable Credit Quality Indicators [Table Text Block]

	December 31, 2019
			Special
	Pass		Mention		Substandard		Doubtful		Loss		Total
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	118,116	$	-	$	1,180	$	-	$	-	$	119,296
Residential 1-4 family construction		38,265		-		337		-		-		38,602
Commercial real estate		328,750		-		2,312		-		-		331,062
Commercial construction and development		52,620		-		50		-		-		52,670
Farmland		49,959		108		168		58		-		50,293
Other loans:
Home equity		56,039		78		297		-		-		56,414
Consumer		18,694		-		188		-		-		18,882
Commercial		71,868		159		707		63		-		72,797
Agricultural		39,347		138		570		467		-		40,522
Total	$	773,658	$	483	$	5,809	$	588	$	-	$	780,538

	December 31, 2018
			Special
	Pass		Mention		Substandard		Doubtful		Loss		Total
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	116,065	$	-	$	874	$	-	$	-	$	116,939
Residential 1-4 family construction		26,533		-		635		-		-		27,168
Commercial real estate		252,731		1,731		2,322		-		-		256,784
Commercial construction and development		41,726		-		13		-		-		41,739
Farmland		29,915		-		-		-		-		29,915
Other loans:
Home equity		51,668		-		491		-		-		52,159
Consumer		16,394		-		171		-		-		16,565
Commercial		57,778		950		244		81		-		59,053
Agricultural		17,305		-		404		-		-		17,709
Total	$	610,115	$	2,681	$	5,154	$	81	$	-	$	618,031

Financing Receivable, Past Due [Table Text Block]

	December 31, 2019
	Loans Past Due and Still Accruing
			90 Days
	30-89 Days		and				Non-Accrual		Current		Total
	Past Due		Greater		Total		Loans		Loans		Loans
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	702	$	4	$	706	$	618	$	117,972	$	119,296
Residential 1-4 family construction		260		-		260		337		38,005		38,602
Commercial real estate		793		-		793		583		329,686		331,062
Commercial construction and development		72		-		72		50		52,548		52,670
Farmland		1,039		-		1,039		476		48,778		50,293
Other loans:
Home equity		420		-		420		98		55,896		56,414
Consumer		128		-		128		156		18,598		18,882
Commercial		484		-		484		824		71,489		72,797
Agricultural		702		1,805		2,507		499		37,516		40,522
Total	$	4,600	$	1,809	$	6,409	$	3,641	$	770,488	$	780,538

	December 31, 2018
	Loans Past Due and Still Accruing
			90 Days
	30-89 Days		and				Non-Accrual		Current		Total
	Past Due		Greater		Total		Loans		Loans		Loans
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	381	$	130	$	511	$	253	$	116,175	$	116,939
Residential 1-4 family construction		118		-		118		634		26,416		27,168
Commercial real estate		975		1,347		2,322		432		254,030		256,784
Commercial construction and development		9		-		9		13		41,717		41,739
Farmland		-		-		-		-		29,915		29,915
Other loans:
Home equity		39		-		39		491		51,629		52,159
Consumer		135		-		135		127		16,303		16,565
Commercial		284		-		284		308		58,461		59,053
Agricultural		91		-		91		32		17,586		17,709
Total	$	2,032	$	1,477	$	3,509	$	2,290	$	612,232	$	618,031

Impaired Financing Receivables [Table Text Block]

	December 31, 2019
			Unpaid				Average
	Recorded		Principal		Related		Recorded
	Investment		Balance		Allowance		Investment
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	618	$	657	$	-	$	435
Residential 1-4 family construction		337		387		-		485
Commercial real estate		583		766		-		507
Commercial construction and development		50		225		-		32
Farmland		476		513		-		238
Other loans:		-		-		-		-
Home equity		98		115		-		295
Consumer		156		169		-		142
Commercial		824		887		74		566
Agricultural		499		756		-		266
Total	$	3,641	$	4,475	$	74	$	2,966

	December 31, 2018
			Unpaid				Average
	Recorded		Principal		Related		Recorded
	Investment		Balance		Allowance		Investment
	(In Thousands)
Real estate loans:
Residential 1-4 family	$	253	$	277	$	-	$	364
Residential 1-4 family construction		634		684		-		317
Commercial real estate		432		527		-		216
Commercial construction and development		13		26		-		6
Farmland		-		-		-		-
Other loans:
Home equity		491		522		-		367
Consumer		127		181		-		140
Commercial		308		310		-		208
Agricultural		32		32		-		16
Total	$	2,290	$	2,559	$	-	$	1,634

Directors, Senior Officers and their Related Parties [Member]

Notes Tables

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

	(In Thousands)
Balance at January 1, 2018	$	3,137
Principal additions		853
Principal payments		(864	)
Balance at December 31, 2018	$	3,126
Principal additions		1,477
Principal payments		(1,604	)
Balance at December 31, 2019	$	2,999

	December 31,
	2019		2018
	(In Thousands)
Loans serviced, for the benefit of others, for directors, executive officers and their related parties	$	2,087	$	1,797

	Years Ended
	December 31,
	2019		2018
	(In Thousands)
Interest income from loans owned for directors, executive officers and their related parties	$	65	$	58