Note 9 - Fair Values (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

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

	Carrying		Fair Value Measurements Using
(Amounts in thousands)	Amounts		Level 1		Level 2		Level 3
June 30, 2020
Financial assets
Cash and cash equivalents	$	155,762	$	155,762	$	—	$	—
Securities available-for-sale	$	280,200	$	—	$	280,200	$	—
Net loans	$	1,188,648	$	—	$	—	$	1,203,316
Federal Home Loan Bank of San Francisco stock	$	7,380	$	7,380	$	—	$	—
Financial liabilities
Deposits	$	1,494,307	$	—	$	1,496,003	$	—
Term debt	$	19,981	$	—	$	20,083	$	—
Junior subordinated debenture	$	10,310	$	—	$	9,459	$	—

	Carrying		Fair Value Measurements Using
(Amounts in thousands)	Amounts		Level 1		Level 2		Level 3
December 31, 2019
Financial assets
Cash and cash equivalents	$	80,604	$	80,604	$	—	$	—
Securities available-for-sale	$	286,950	$	—	$	286,950	$	—
Net loans	$	1,022,834	$	—	$	—	$	1,025,520
Federal Home Loan Bank of San Francisco stock	$	7,380	$	7,380	$	—	$	—
Financial liabilities
Deposits	$	1,267,171	$	—	$	1,267,153	$	—
Term debt	$	9,957	$	—	$	10,006	$	—
Junior subordinated debenture	$	10,310	$	—	$	13,471	$	—

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Quantitative Information about Level 3 Fair Value Measurements
Unobservable Inputs	Range (Weighted Average)
Probability of Default (PD)	0% - 100% - (1.63%)
Loss Given Default (LGD)	0% - 77.42% - (15.98%)
Prepayment Rate	0% - 34.47% - (17.91%)
Discount Rate	1% - 11.73% - (4.13%)

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

(Amounts in thousands)	Fair Value at June 30, 2020
Recurring Basis	Total		Level 1		Level 2		Level 3
Available-for-sale securities:
U.S. government and agencies	$	33,195	$	—	$	33,195	$	—
Obligations of state and political subdivisions		76,888		—		76,888		—
Residential mortgage-backed securities and collateralized mortgage obligations		137,120		—		137,120		—
Corporate securities		1,000		—		1,000		—
Commercial mortgage-backed securities		16,329		—		16,329		—
Other asset-backed securities		15,668		—		15,668		—
Total assets measured at fair value	$	280,200	$	—	$	280,200	$	—

(Amounts in thousands)	Fair Value at December 31, 2019
Recurring Basis	Total		Level 1		Level 2		Level 3
Available-for-sale securities:
U.S. government and agencies	$	38,733	$	—	$	38,733	$	—
Obligations of state and political subdivisions		42,098		—		42,098		—
Residential mortgage-backed securities and collateralized mortgage obligations		180,835		—		180,835		—
Corporate securities		2,966		—		2,966		—
Commercial mortgage-backed securities		19,307		—		19,307		—
Other asset-backed securities		3,011		—		3,011		—
Total assets measured at fair value	$	286,950	$	—	$	286,950	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value at June 30, 2020
(Amounts in thousands)	Total		Level 1		Level 2		Level 3
Nonrecurring basis:
Collateral dependent impaired loans	$	2,404	$	—	$	—	$	2,404
Other real estate owned		8		—		—		8
Total assets measured at fair value	$	2,412	$	—	$	—	$	2,412

	Fair Value at December 31, 2019
(Amounts in thousands)	Total		Level 1		Level 2		Level 3
Nonrecurring basis:
Collateral dependent impaired loans	$	33	$	—	$	—	$	33
Other real estate owned		35		—		—		35
Total assets measured at fair value	$	68	$	—	$	—	$	68

Loss from Nonrecurring Fair Value [Table Text Block]

	Three Months Ended June 30,				Six Months Ended June 30,
(Amounts in thousands)	2020		2019		2020		2019
Fair value adjustments:
Collateral dependent impaired loans	$	145	$	425	$	145	$	467
Other real estate owned		—		—		6		—
Total	$	145	$	425	$	151	$	467