XML 40 R28.htm IDEA: XBRL DOCUMENT v3.26.1
Note 6 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
      

Fair Value Measurements at March 31, 2026

 

Description

 

Balance as of March 31, 2026

  

Quoted Prices in Active Markets for Identical Assets (Level 1)

  

Significant Other Observable Inputs (Level 2)

  

Significant Unobservable Inputs (Level 3)

 

Assets:

                

Securities available for sale

                

U.S. Treasury securities

 $37,135  $—  $37,135  $— 

U.S. agency and mortgage-backed securities

  122,418   —   122,418   — 

Obligations of states and political subdivisions

  56,147   —   56,147   — 

Corporate debt securities

  1,955   —   1,955   — 

Total securities available for sale

 $217,655  $—  $217,655  $— 

Derivatives - cash flow hedges

  2,288   —   2,288   — 

Total assets

 $219,943  $—  $219,943  $— 
      

Fair Value Measurements at December 31, 2025

 

Description

 

Balance as of December 31, 2025

  

Quoted Prices in Active Markets for Identical Assets (Level 1)

  

Significant Other Observable Inputs (Level 2)

  

Significant Unobservable Inputs (Level 3)

 

Assets:

                

Securities available for sale

                

U.S. Treasury securities

 $37,338  $—  $37,338  $— 

U.S. agency and mortgage-backed securities

  122,797   —   122,797   — 

Obligations of states and political subdivisions

  56,446   —   56,446   — 

Corporate debt securities

  957   —   957   — 

Total securities available for sale

 $217,538  $—  $217,538  $— 

Derivatives - cash flow hedges

  2,292   —   2,292   — 

Total assets

 $219,830  $—  $219,830  $— 
Fair Value, by Balance Sheet Grouping [Table Text Block]
      

Fair Value Measurements at March 31, 2026 Using

 
  Carrying Amount  Quoted Prices in Active Markets for Identical Assets Level 1  Significant Other Observable Inputs Level 2  Significant Unobservable Inputs Level 3  

Fair Value

 

Financial Assets

                    

Cash and interest-bearing deposits in banks

 $187,809  $187,809  $—  $—  $187,809 

Securities available for sale

  217,655   —   217,655   —   217,655 

Securities held to maturity

  101,261   —   94,070   —   94,070 

Restricted securities

  5,642   —   5,642   —   5,642 

Loans, net

  1,449,708   —   —   1,437,769   1,437,769 

Bank owned life insurance

  38,837   —   38,837   —   38,837 

Accrued interest receivable

  6,656   —   6,656   —   6,656 

Derivatives - cash flow hedges

  2,288   —   2,288   —   2,288 

Financial Liabilities

                    

Deposits

 $1,837,292  $—  $1,477,722  $356,155  $1,833,877 

Other borrowings

  25,000   —   —   24,960   24,960 

Subordinated debt

  8,385   —   —   6,847   6,847 

Junior subordinated debt

  9,279   —   —   8,242   8,242 

Accrued interest payable

  1,347   —   1,347   —   1,347 
      

Fair Value Measurements at December 31, 2025 Using

 
  

Carrying Amount

  

Quoted Prices in Active Markets for Identical Assets Level 1

  

Significant Other Observable Inputs Level 2

  

Significant Unobservable Inputs Level 3

  

Fair Value

 

Financial Assets

                    

Cash and interest-bearing deposits in banks

 $160,910  $160,910  $—  $—  $160,910 

Securities available for sale

  217,538   —   217,538   —   217,538 

Securities held to maturity

  102,872   —   102,872   —   102,872 

Restricted securities

  5,624   —   5,624   —   5,624 

Loans held for sale

  —   —   —   —   — 

Loans, net

  1,435,026   —   —   1,420,784   1,420,784 

Bank owned life insurance

  38,577   —   38,577   —   38,577 

Accrued interest receivable

  6,467   —   6,467   —   6,467 

Derivatives - cash flow hedges

  2,292   —   2,292   —   2,292 

Financial Liabilities

                    

Deposits

 $1,799,548  $—  $1,436,453  $360,656  $1,797,109 

Other borrowings

  25,000   —   —   24,960   24,960 

Subordinated debt

  8,312   —   —   6,774   6,774 

Junior subordinated debt

  9,279   —   —   8,240   8,240 

Accrued interest payable

  1,562   —   1,562   —   1,562