Note 10 - Acquisition (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

(Amounts in thousands)	As Recorded by Merchants Holding Company			Fair Value And Other Acquisition Related Adjustments			As Recorded by the Company
Consideration paid:
Cash							$	15,300
Stock 1,834,142 shares at $10.69 per share								19,607
Total consideration							$	34,907
Assets acquired:
Cash and fed funds sold	$	12,425		$	—		$	12,425
Investment securities		107,931			(551	)		107,380
Loans, gross		87,570			(2,292	)		85,278
Allowance for loan and lease losses		(1,286	)		1,286			—
Interest receivable		688			—			688
Premises and equipment, net		378			1,856			2,234
Deferred tax assets, net		1,374			(1,352	)		22
Federal Home Loan Bank of San Francisco stock		1,454			—			1,454
Life insurance		755			—			755
Other assets		371			95			466
Core deposit intangible		—			4,353			4,353
Total assets acquired	$	211,660		$	3,395		$	215,055
Liabilities assumed:
Demand, money market and savings	$	152,213		$	—		$	152,213
Certificates of deposit		38,003			—			38,003
Total deposits		190,216			—			190,216
Other liabilities		916			22			938
Total liabilities assumed	$	191,132		$	22		$	191,154
Net identifiable assets acquired over liabilities assumed	$	20,528		$	3,373		$	23,901
Goodwill							$	11,006

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Amounts in thousands)
	Amount
2020	$	575
2021		766
2022		766
2023		766
2024		580
2025 and thereafter		1,133
Total	$	4,586

Business Acquisition, Pro Forma Information [Table Text Block]

	For the Three Months Ended
Pro forma revenue and earnings	March 31,
(Amounts in thousands)	2019
Net interest income	$	13,199
Net income (1)	$	2,269

Merchants Holding Company [Member]

Notes Tables

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

(Amounts in thousands)	2020		2021		2022		2023		2024		Thereafter		Total
Core deposit intangible amortization	$	408	$	544	$	544	$	544	$	544	$	1,633	$	4,217