Note 3 - Loans Receivable (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

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

(dollars in thousands)	2021			2020
Construction & development	$	44,435		$	46,053
Farmland		28,082			32,449
Residential		292,670			279,893
Commercial mortgage		229,118			203,886
Commercial & agricultural		32,726			33,663
SBA-PPP		37,762			51,118
Consumer & other		21,324			17,033
Total loans		686,117			664,095
Allowance for loan losses		(5,550	)		(4,900	)
Loans, net of allowance for loan losses	$	680,567		$	659,195

(dollars in thousands)
September 30, 2021
	# of SBA					Balance Less
SBA Tier	Approved		Mix			Unearned Fees		Mix
$2 million to $10 million		1		0.07	%	$	1,947		5.16	%
Over $350,000 to less than $2 million		18		1.26	%		8,062		21.35	%
Up to $350,000		1,415		98.67	%		27,753		73.49	%
Total		1,434		100.00	%	$	37,762		100.00	%

(dollars in thousands)
December 31, 2020
	# of SBA					Balance Less
SBA Tier	Approved		Mix			Unearned Fees		Mix
$2 million to $10 million		2		0.20	%	$	7,267		14.22	%
Over $350,000 to less than $2 million		18		1.78	%		11,693		22.87	%
Up to $350,000		988		98.02	%		32,158		62.91	%
Total		1,008		100.00	%	$	51,118		100.00	%

(dollars in thousands)
September 30, 2021
	# of SBA					Balance Less
Industry	Approved		Mix			Unearned Fees		Mix
Manufacturing		46		3.21	%	$	3,929		10.41	%
Retail Trade		102		7.11	%		1,848		4.89	%
Construction		190		13.25	%		3,980		10.54	%
Health Care & Social Assistance		40		2.79	%		2,543		6.73	%
Accommodation & Retail Services		90		6.27	%		6,021		15.95	%
Educational Services		9		0.63	%		2,432		6.44	%
General & Other		957		66.74	%		17,009		45.04	%
Total		1,434		100.00	%	$	37,762		100.00	%

(dollars in thousands)
December 31, 2020
	# of SBA					Balance Less
Industry	Approved		Mix			Unearned Fees		Mix
Manufacturing		74		7.34	%	$	14,327		28.03	%
Retail Trade		134		13.29	%		5,247		10.26	%
Construction		127		12.60	%		3,577		7.00	%
Health Care & Social Assistance		73		7.24	%		3,550		6.94	%
Accommodation & Retail Services		91		9.03	%		3,705		7.25	%
Educational Services		7		0.70	%		4,825		9.44	%
General & Other		502		49.80	%		15,887		31.08	%
Total		1,008		100.00	%	$	51,118		100.00	%