Note 19 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(Amounts in thousands)	Current		Deferred		Total
Year ended December 31, 2019:
Federal	$	2,732	$	47	$	2,779
State		2,126		107		2,233
Affordable housing partnership amortization		491		—		491
Total	$	5,349	$	154	$	5,503
Year ended December 31, 2018:
Federal	$	773	$	292	$	1,065
State		1,733		303		2,036
Affordable housing partnership amortization		528		—		528
Total	$	3,034	$	595	$	3,629

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2019			2018
Income tax at the federal statutory rate		21.0	%		21.0	%
State franchise tax, net of federal tax benefit		8.6	%		8.3	%
Amortization of affordable housing credit partnerships		2.4	%		2.7	%
Officer life insurance		(0.5	)%		(0.6	)%
Tax-exempt interest		(1.3	)%		(1.8	)%
Affordable housing credits and benefits		(3.5	)%		(3.8	)%
Accelerated depreciation - cost segregation study		—	%		(2.5	)%
Reversal of uncertain tax position		—	%		(5.1	)%
Other		0.2	%		0.5	%
Effective Tax Rate		26.9	%		18.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(Amounts in thousands)	2019			2018
Deferred tax assets:
Allowance for loan and lease losses	$	3,616		$	3,634
Deferred compensation plan and salary continuation plan		2,773			2,385
Acquired loan fair value		494			—
State franchise tax		457			474
Acquisition costs		274			274
Unrealized loss on securities available-for-sale		—			1,262
Interest received on non-accrual loans		92			86
Lease liability		1,024			—
Other		700			403
Total deferred tax assets		9,430			8,518
Deferred tax liabilities:
Deferred loan origination costs and fees		(568	)		(579	)
Unrealized gains on securities available-for-sale		(582	)		—
Core deposit intangible		(1,139	)		—
Basis difference in fixed assets		(1,336	)		(874	)
Lease asset		(1,024	)		—
Other		(228	)		(26	)
Total deferred tax liabilities		(4,877	)		(1,479	)
Net deferred tax asset	$	4,553		$	7,039

Schedule of Uncertain Tax Positions Roll Forward [Table Text Block]

(Amounts in thousands)	2018
Balance, beginning of period	$	988
Tax positions resolved during the year		(988	)
Balance, end of period	$	—