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Note 5 - Loans Receivable and the Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2022

December 31,	2022				2021
	Unpaid principal balance		Related allowance		Unpaid principal balance		Related allowance
TDRs with no specific allowance recorded	$	1,272	$	—	$	1,477	$	—
TDRs with an allowance recorded		3,400		392		3,323		690
Total	$	4,672	$	392	$	4,800	$	690

Retail and Commercial Loans [Member]

Major Classes of Loans

December 31,	2022			2021
Commercial:
Commercial and industrial	$	160,875		$	148,610
Construction		62,955			55,855
Secured by commercial real estate		518,070			451,404
Secured by residential real estate		103,419			84,741
State and political subdivisions		20,971			19,775
Retail:
1-4 family residential mortgages		105,654			100,281
Home equity loans and lines		63,580			61,782
Consumer		4,113			4,699
Total loans		1,039,637			927,147
Net deferred (fees) costs		(252	)		(677	)
Loans receivable	$	1,039,385		$	926,470

Internal Risk Ratings and Payment Activity

December 31, 2022	Pass		Special mention		Substandard		Doubtful		Total
Commercial:
Commercial and industrial	$	157,914	$	23	$	2,938	$	—	$	160,875
Construction		62,955		—		—		—		62,955
Secured by commercial real estate		505,657		2,597		9,816		—		518,070
Secured by residential real estate		102,295		194		930		—		103,419
State and political subdivisions		20,971		—		—		—		20,971
Total	$	849,792	$	2,814	$	13,684	$	—	$	866,290

December 31, 2021	Pass		Special mention		Substandard		Doubtful		Total
Commercial:
Commercial and industrial	$	141,102	$	151	$	7,357	$	—	$	148,610
Construction		55,855		—		—		—		55,855
Secured by commercial real estate		438,519		2,848		10,037		—		451,404
Secured by residential real estate		83,604		—		1,137		—		84,741
State and political subdivisions		19,775		—		—		—		19,775
Total	$	738,855	$	2,999	$	18,531	$	—	$	760,385

December 31, 2022	Performing		Non-performing		Total
Retail:
1-4 family residential mortgages	$	105,193	$	461	$	105,654
Home equity loans and lines		63,178		402		63,580
Consumer		4,051		62		4,113
Total	$	172,422	$	925	$	173,347

December 31, 2021	Performing		Non-performing		Total
Retail:
1-4 family residential mortgages	$	99,560	$	721	$	100,281
Home equity loans and lines		61,102		680		61,782
Consumer		4,609		90		4,699
Total	$	165,271	$	1,491	$	166,762

Past Due Loans

December 31, 2022	30-59 days past due		60-89 days past due		90 days or more past due		Total past due loans		Current		Total loans receivable
Commercial:
Commercial and industrial	$	—	$	1,157	$	—	$	1,157	$	159,718	$	160,875
Construction		—		—		—		—		62,955		62,955
Secured by commercial real estate		—		—		—		—		518,070		518,070
Secured by residential real estate		—		—		13		13		103,406		103,419
State and political subdivisions		—		—		—		—		20,971		20,971
Retail:
1-4 family residential mortgages		703		168		216		1,087		104,567		105,654
Home equity loans and lines		95		—		—		95		63,485		63,580
Consumer		37		50		—		87		4,026		4,113
Total	$	835	$	1,375	$	229	$	2,439	$	1,037,198	$	1,039,637

December 31, 2021	30-59 days past due		60-89 days past due		90 days or more past due		Total past due loans		Current		Total loans receivable
Commercial:
Commercial and industrial	$	2,288	$	1	$	596	$	2,885	$	145,725	$	148,610
Construction		—		—		—		—		55,855		55,855
Secured by commercial real estate		—		—		—		—		451,404		451,404
Secured by residential real estate		—		—		30		30		84,711		84,741
State and political subdivisions		—		—		—		—		19,775		19,775
Retail:
1-4 family residential mortgages		1,139		—		127		1,266		99,015		100,281
Home equity loans and lines		21		—		10		31		61,751		61,782
Consumer		20		11		—		31		4,668		4,699
Total	$	3,468	$	12	$	763	$	4,243	$	922,904	$	927,147

Non-accrual Loans

December 31, 2022	90 days or more past due (still accruing)		Non-accrual
Commercial:
Commercial and industrial	$	—	$	1,575
Construction		—		—
Secured by commercial real estate		—		2,031
Secured by residential real estate		—		289
State and political subdivisions		—		—
Retail:
1-4 family residential mortgages		—		461
Home equity loans and lines		—		402
Consumer		—		62
Total	$	—	$	4,820

December 31, 2021	90 days or more past due (still accruing)		Non-accrual
Commercial:
Commercial and industrial	$	—	$	3,369
Construction		—		—
Secured by commercial real estate		—		2,279
Secured by residential real estate		—		391
State and political subdivisions		—		—
Retail:
1-4 family residential mortgages		—		721
Home equity loans and lines		—		680
Consumer		—		90
Total	$	—	$	7,530

Allowance for Loan Losses

Activity in the allowance for loan losses for the years ended December 31, 2022, 2021 and 2020 are as follows:

Year ended December 31, 2022	Balance, beginning of period		Provision for (credit to) loan losses			Charge-offs			Recoveries		Balance, end of period
Commercial:
Commercial and industrial	$	3,368	$	(2,320	)	$	(38	)	$	306	$	1,316
Construction		363		392			—			—		755
Secured by commercial real estate		4,280		722			—			—		5,002
Secured by residential real estate		1,035		160			—			45		1,240
State and political subdivisions		69		25			—			—		94
Retail:
1-4 family residential mortgages		646		37			—			—		683
Home equity loans and lines		376		55			—			6		437
Consumer		542		82			(158	)		36		502
Unallocated		505		(3	)	N/A			N/A			502
Total	$	11,184	$	(850	)	$	(196	)	$	393	$	10,531

Year ended December 31, 2021	Balance, beginning of period		Provision for (credit to) loan losses			Charge-offs			Recoveries		Balance, end of period
Commercial:
Commercial and industrial	$	4,050	$	(774	)	$	—		$	92	$	3,368
Construction		346		17			—			—		363
Secured by commercial real estate		3,736		544			—			—		4,280
Secured by residential real estate		871		181			(38	)		21		1,035
State and political subdivisions		89		(20	)		—			—		69
Retail:
1-4 family residential mortgages		533		113			—			—		646
Home equity loans and lines		386		32			(49	)		7		376
Consumer		265		410			(176	)		43		542
Unallocated		550		(45	)	N/A			N/A			505
Total	$	10,826	$	458		$	(263	)	$	163	$	11,184

Year ended December 31, 2020	Balance, beginning of period		Provision for (credit to) loan losses			Charge-offs			Recoveries		Balance, end of period
Commercial:
Commercial and industrial	$	4,689	$	(411	)	$	(268	)	$	40	$	4,050
Construction		590		(244	)		—			—		346
Secured by commercial real estate		2,519		1,205			—			12		3,736
Secured by residential real estate		629		174			—			68		871
State and political subdivisions		115		(26	)		—			—		89
Retail:
1-4 family residential mortgages		549		(16	)		—			—		533
Home equity loans and lines		310		35			—			41		386
Consumer		230		239			(282	)		78		265
Unallocated		256		294		N/A			N/A			550
Total	$	9,887	$	1,250		$	(550	)	$	239	$	10,826

Loans Disaggregated by Impairment Method

	Allowance for Loan Losses						Loans Receivable
December 31, 2022	Balance		Balance related to loans individually evaluated for impairment		Balance related to loans collectively evaluated for impairment		Balance		Balance individually evaluated for impairment		Balance collectively evaluated for impairment
Commercial:
Commercial and industrial	$	1,316	$	125	$	1,191	$	160,875	$	1,821	$	159,054
Construction		755		—		755		62,955		—		62,955
Secured by commercial real estate		5,002		131		4,871		518,070		5,309		512,761
Secured by residential real estate		1,240		321		919		103,419		1,362		102,057
State and political subdivisions		94		—		94		20,971		—		20,971
Retail:
1-4 family residential mortgages		683		—		683		105,654		628		105,026
Home equity loans and lines		437		119		318		63,580		402		63,178
Consumer		502		—		502		4,113		45		4,068
Unallocated		502	N/A		N/A		N/A		N/A		N/A
Total	$	10,531	$	696	$	9,333	$	1,039,637	$	9,567	$	1,030,070

	Allowance for Loan Losses						Loans Receivable
December 31, 2021	Balance		Balance related to loans individually evaluated for impairment		Balance related to loans collectively evaluated for impairment		Balance		Balance individually evaluated for impairment		Balance collectively evaluated for impairment
Commercial:
Commercial and industrial	$	3,368	$	2,090	$	1,278	$	148,610	$	3,517	$	145,093
Construction		363		—		363		55,855		—		55,855
Secured by commercial real estate		4,280		312		3,968		451,404		5,654		445,750
Secured by residential real estate		1,035		368		667		84,741		1,387		83,354
State and political subdivisions		69		—		69		19,775		—		19,775
Retail:
1-4 family residential mortgages		646		—		646		100,281		893		99,388
Home equity loans and lines		376		100		276		61,782		688		61,094
Consumer		542		3		539		4,699		53		4,646
Unallocated		505	N/A		N/A		N/A		N/A		N/A
Total	$	11,184	$	2,873	$	7,806	$	927,147	$	12,192	$	914,955

Impaired Loans

	December 31, 2022						December 31, 2021
	Recorded investment (after charge-offs)		Unpaid principal balance		Related allowance		Recorded investment (after charge-offs)		Unpaid principal balance		Related allowance
With no specific allowance recorded:
Commercial:
Commercial and industrial	$	1,402	$	1,694			$	150	$	157
Construction		—		—				—		—
Secured by commercial real estate		2,198		2,608				2,361		2,702
Secured by residential real estate		430		482				715		768
Retail:
1-4 family residential mortgages		628		678				893		1,002
Home equity loans and lines		240		296				514		586
Consumer		45		62				—		—
Total	$	4,943	$	5,820			$	4,633	$	5,215

With an allowance recorded:
Commercial:
Commercial and industrial	$	419	$	601	$	125	$	3,367	$	3,825	$	2,090
Construction		—		—		—		—		—		—
Secured by commercial real estate		3,111		3,312		131		3,293		3,451		312
Secured by residential real estate		932		1,065		321		672		787		368
Retail:
1-4 family residential mortgages		—		—		—		—		—		—
Home equity loans and lines		162		191		119		174		193		100
Consumer		—		—		—		53		68		3
Total	$	4,624	$	5,169	$	696	$	7,559	$	8,324	$	2,873

Total:
Commercial:
Commercial and industrial	$	1,821	$	2,295	$	125	$	3,517	$	3,982	$	2,090
Construction		—		—		—		—		—		—
Secured by commercial real estate		5,309		5,920		131		5,654		6,153		312
Secured by residential real estate		1,362		1,547		321		1,387		1,555		368
Retail:
1-4 family residential mortgages		628		678		—		893		1,002		—
Home equity loans and lines		402		487		119		688		779		100
Consumer		45		62		—		53		68		3
Total	$	9,567	$	10,989	$	696	$	12,192	$	13,539	$	2,873

Year Ended December 31,	2022				2021				2020
	Average recorded investment		Interest income recognized		Average recorded investment		Interest income recognized		Average recorded investment		Interest income recognized
Commercial:
Commercial and industrial	$	3,001	$	10	$	3,782	$	5	$	5,204	$	5
Construction		—		—		—		—		—		—
Secured by commercial real estate		5,499		144		5,813		167		6,696		171
Secured by residential real estate		1,368		53		1,706		61		2,002		69
Retail:
1-4 family residential mortgages		871		6		902		6		819		10
Home equity loans and lines		486		1		738		—		680		1
Consumer		49		—		57		1		66		—
Total	$	11,274	$	214	$	12,998	$	240	$	15,467	$	256