Note 9 - Fair Values (Tables)

3 Months Ended

Mar. 31, 2021

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
March 31, 2021
Financial assets
Cash and cash equivalents	$	94,857	$	94,857	$	—	$	—
Securities available-for-sale	$	517,375	$	—	$	517,375	$	—
Net loans	$	1,129,059	$	—	$	—	$	1,145,137
FHLB stock	$	7,380	$	7,380	$	—	$	—
Financial liabilities
Deposits	$	1,614,393	$	—	$	1,615,190	$	—
Term debt	$	10,000	$	—	$	10,111	$	—
Junior subordinated debenture	$	10,310	$	—	$	10,283	$	—

	Carrying		Fair Value Measurements Using
(Amounts in thousands)	Amounts		Level 1		Level 2		Level 3
December 31, 2020
Financial assets
Cash and cash equivalents	$	106,986	$	106,986	$	—	$	—
Securities available-for-sale	$	446,880	$	—	$	446,880	$	—
Net loans	$	1,123,051	$	—	$	—	$	1,138,095
FHLB stock	$	7,380	$	7,380	$	—	$	—
Financial liabilities
Deposits	$	1,542,779	$	—	$	1,544,009	$	—
Term debt	$	15,000	$	—	$	15,536	$	—
Junior subordinated debenture	$	10,310	$	—	$	10,552	$	—

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%	-	(2.43%)
Loss Given Default (LGD)		0%	-	75.53%	-	(12.24%)
Prepayment Rate		0%	-	27.77%	-	(10.71%)
Discount Rate		1%	-	8.83%	-	(3.91%)

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

(Amounts in thousands)	Fair Value at March 31, 2021
Recurring Basis	Total		Level 1		Level 2		Level 3
Available-for-sale securities:
U.S. government and agencies	$	31,060	$	—	$	31,060	$	—
Obligations of state and political subdivisions		128,840		—		128,840		—
Residential mortgage-backed securities and collateralized mortgage obligations		277,547		—		277,547		—
Commercial mortgage-backed securities		38,583		—		38,583		—
Other asset-backed securities		41,345		—		41,345		—
Total assets measured at fair value	$	517,375	$	—	$	517,375	$	—

(Amounts in thousands)	Fair Value at December 31, 2020
Recurring Basis	Total		Level 1		Level 2		Level 3
Available-for-sale securities:
U.S. government and agencies	$	32,994	$	—	$	32,994	$	—
Obligations of state and political subdivisions		108,366		—		108,366		—
Residential mortgage-backed securities and collateralized mortgage obligations		240,478		—		240,478		—
Commercial mortgage-backed securities		28,074		—		28,074		—
Other asset-backed securities		36,968		—		36,968		—
Total assets measured at fair value	$	446,880	$	—	$	446,880	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

			For the Three Months Ended
	At March 31, 2021		March 31, 2021
(Amounts in thousands)	Fair Value (1)		Fair Value Adjustments
Other real estate owned	$	—	$	8
Total assets measured at fair value	$	—	$	8

			For the Three Months Ended
	At December 31, 2020		March 31, 2020
(Amounts in thousands)	Fair Value (1)		Fair Value Adjustments
Other real estate owned	$	8	$	6
Total assets measured at fair value	$	8	$	6