Note 9 - Fair Values (Tables)

6 Months Ended

Jun. 30, 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
June 30, 2021
Financial assets
Cash and cash equivalents	$	177,118	$	177,118	$	—	$	—
Securities available-for-sale	$	579,664	$	—	$	579,664	$	—
Net loans	$	1,074,102	$	—	$	—	$	1,090,134
FHLB stock	$	7,463	$	7,463	$	—	$	—
Financial liabilities
Deposits	$	1,697,338	$	—	$	1,697,887	$	—
Term debt	$	10,000	$	—	$	10,043	$	—
Junior subordinated debenture	$	10,310	$	—	$	10,152	$	—

	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%	-	(2.46%)
Loss Given Default (LGD)	0%	-	75.53%	-	(12.45%)
Prepayment Rate	0%	-	27.77%	-	(11.14%)
Discount Rate	1%	-	8.57%	-	(4.01%)

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

(Amounts in thousands)	Fair Value at June 30, 2021
Recurring Basis	Total		Level 1		Level 2		Level 3
Available-for-sale securities:
U.S. government and agencies	$	29,691	$	—	$	29,691	$	—
Obligations of state and political subdivisions		136,467		—		136,467		—
Residential mortgage-backed securities and collateralized mortgage obligations		317,842		—		317,842		—
Commercial mortgage-backed securities		52,718		—		52,718		—
Other asset-backed securities		42,946		—		42,946		—
Total assets measured at fair value	$	579,664	$	—	$	579,664	$	—

(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		For the Six Months Ended
	At June 30, 2021		June 30, 2021		June 30, 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		For the Six Months Ended
	At December 31, 2020		June 30, 2020		June 30, 2020
(Amounts in thousands)	Fair Value (1)		Fair Value Adjustments
Collateral dependent impaired loans	$	2,755	$	145	$	145
Other real estate owned		8		—		6
Total assets measured at fair value	$	2,763	$	145	$	151