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Note 15 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
   
 
 
 
 
Fair Value Measurements at December 31, 2019 Using
Description
 
Balance as of
December 31,
2019
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant

Unobservable
Inputs
(Level 3)
U.S. Government agencies and corporations
 
$
121,123
   
$
---
   
$
121,123
   
$
---
 
States and political subdivisions
 
 
88,239
   
 
---
   
 
88,239
   
 
---
 
Mortgage-backed securities
 
 
221,783
   
 
---
   
 
221,783
   
 
---
 
Corporate debt securities
 
 
4,118
   
 
---
   
 
4,118
   
 
---
 
Total securities available for sale
 
$
435,263
   
$
---
   
$
435,263
   
$
---
 
   
 
 
 
 
Fair Value Measurements at December 31, 2018 Using
Description
 
Balance as of
December 31,
2018
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
U.S. Government agencies and corporations
  $
300,047
    $
---
    $
300,047
    $
---
 
States and political subdivisions
   
118,616
     
---
     
118,616
     
---
 
Mortgage-backed securities
   
628
     
---
     
628
     
---
 
Corporate debt securities
   
5,719
     
---
     
5,719
     
---
 
Total securities available for sale
  $
425,010
    $
---
    $
425,010
    $
---
 
Fair Value Measurements, Nonrecurring [Table Text Block]
     
 
 
 
 
Carrying value
Date
Description
 
Balance
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Assets:
   
 
     
 
     
 
     
 
 
December 31, 2019
Impaired loans net of valuation allowance
 
$
1,005
   
$
---
   
$
---
   
$
1,005
 
December 31, 2018
Impaired loans net of valuation allowance
   
1,014
     
---
     
---
     
1,014
 
     
 
 
 
 
Carrying Value
Date
Description
 
Balance
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Assets:
   
 
     
 
     
 
     
 
 
December 31, 2019
Other real estate owned net of valuation allowance
 
$
1,612
   
$
---
   
$
---
   
$
1,612
 
December 31, 2018
Other real estate owned net of valuation allowance
   
2,052
     
---
     
---
     
2,052
 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Impaired Loans
Valuation Technique
Unobservable Input
 
Range
(Weighted Average)
December 31, 201
9
Present value of cash flows
Discount rate
 
5.50%
-
6.50%
(5.77%)
 
December 31, 2018
Present value of cash flows
Discount rate
 
5.50%
-
7.25%
 (6.05%)
 
 
Valuation Technique
 
Unobservable Input
 
Range
(Weighted Average)
         
December 31, 
         
2019
2018
Other real estate owned
Discounted appraised value
 
Selling cost
 
0.00%
(1)
-
6.00%
(0.68%)
0.00%
(1)
-
6.00%
(0.12%)
Other real estate owned
Discounted appraised value
 
Discount for lack of marketability and age of appraisal
 
0.00%
-
45.17%
(1.28%)
0.00%
-
50.05%
(1.45%)
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
December 31, 2019
   
 
 
 
 
Estimated Fair Value
   
Carrying
Amount
 
Level 1
 
Level 2
 
Level 3
Financial assets:
                               
Cash and due from banks
 
$
10,290
   
$
10,290
   
$
---
   
$
---
 
Interest-bearing deposits
 
 
76,881
   
 
76,881
   
 
---
   
 
---
 
Securities
 
 
435,263
   
 
---
   
 
435,263
   
 
---
 
Restricted securities
 
 
1,220
   
 
---
   
 
1,220
   
 
---
 
Mortgage loans held for sale
 
 
905
   
 
---
   
 
905
   
 
---
 
Loans, net
 
 
726,588
   
 
---
   
 
---
   
 
718,299
 
Accrued interest receivable
 
 
4,285
   
 
---
   
 
4,285
   
 
---
 
Bank-owned life insurance
 
 
35,567
   
 
---
   
 
35,567
   
 
---
 
Financial liabilities:
                               
Deposits
 
$
1,119,753
   
$
---
   
$
991,725
   
$
128,011
 
Accrued interest payable
 
 
144
   
 
---
   
 
144
   
 
---
 
   
December 31, 2018
   
 
 
 
 
Estimated Fair Value
   
Carrying
Amount
 
Level 1
 
Level 2
 
Level 3
Financial assets:
                               
Cash and due from banks
  $
12,882
    $
12,882
    $
---
    $
---
 
Interest-bearing deposits
   
43,491
     
43,491
     
---
     
---
 
Securities
   
425,010
     
---
     
425,010
     
---
 
Restricted securities
   
1,220
     
---
     
1,220
     
---
 
Mortgage loans held for sale
   
72
     
---
     
72
     
---
 
Loans, net
   
702,409
     
---
     
---
     
684,565
 
Accrued interest receivable
   
5,160
     
---
     
5,160
     
---
 
Bank-owned life insurance
   
34,657
     
---
     
34,657
     
---
 
Financial liabilities:
                               
Deposits
  $
1,051,942
    $
---
    $
950,143
    $
101,749
 
Accrued interest payable
   
89
     
---
     
89
     
---