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Note 2 - Acquisition of King Bancorp, Inc. and Its Wholly-owned Subsidiary King Southern Bank. - Summary of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
May 01, 2019
Sep. 30, 2019
Jun. 30, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Dec. 31, 2017
Liabilities assumed:              
Goodwill, Ending Balance   $ 12,593 $ 12,826 $ 682 $ 682 $ 682 $ 682
King Bancorp Inc. [Member]              
Assets aquired:              
Available for sale securities $ 12,427            
Loans 164,029            
Allowance for loan and lease losses 0            
Loans, net 164,029            
Federal Home Loan Bank stock, at cost 1,517            
Federal Reserve Bank stock, at cost 490            
Premises and equipment, net 3,381            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 1,519            
Bank owned life insurance 3,431            
Other real estate owned 0            
Other assets and accrued interest receivable 831            
Total assets acquired 192,702            
Liabilities assumed:              
Non-interest bearing 24,939            
Interest bearing 100,587            
Total deposits 125,526            
Federal funds purchased 1,566            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Federal Home Loan Bank Advances 43,299            
Other liabilities and accrued interest payable 313            
Total liabilities assumed 176,613            
Net assets acquired 16,089            
Cash consideration paid (28,000)            
Goodwill, Ending Balance 11,911 $ 12,000          
King Bancorp Inc. [Member] | Subordinated Debt [Member]              
Liabilities assumed:              
Long-term debt 3,609            
King Bancorp Inc. [Member] | Line of Credit [Member]              
Liabilities assumed:              
Long-term debt 2,300            
King Bancorp Inc. [Member] | As Recorded By Acquiree [Member]              
Assets aquired:              
Available for sale securities 12,404            
Loans 165,744            
Allowance for loan and lease losses (1,812)            
Loans, net 163,932            
Federal Home Loan Bank stock, at cost 1,517            
Federal Reserve Bank stock, at cost 490            
Premises and equipment, net 4,358            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 0            
Bank owned life insurance 3,431            
Other real estate owned 325            
Other assets and accrued interest receivable 867            
Total assets acquired 192,401            
Liabilities assumed:              
Non-interest bearing 24,939            
Interest bearing 100,839            
Total deposits 125,778            
Federal funds purchased 1,566            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Federal Home Loan Bank Advances 43,718            
Other liabilities and accrued interest payable 313            
Total liabilities assumed 177,284            
Net assets acquired 15,117            
King Bancorp Inc. [Member] | As Recorded By Acquiree [Member] | Subordinated Debt [Member]              
Liabilities assumed:              
Long-term debt 3,609            
King Bancorp Inc. [Member] | As Recorded By Acquiree [Member] | Line of Credit [Member]              
Liabilities assumed:              
Long-term debt 2,300            
King Bancorp Inc. [Member] | As Adjusted By Acuirer [Member]              
Assets aquired:              
Available for sale securities [1],[2] 23            
Loans [1],[3] (1,597)            
Allowance for loan and lease losses [1],[3] 1,812            
Loans, net [1] 215            
Federal Home Loan Bank stock, at cost [1] 0            
Federal Reserve Bank stock, at cost [1] 0            
Premises and equipment, net [1],[4] (1,328)            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [1],[5] 1,519            
Bank owned life insurance [1] 0            
Other real estate owned [1],[6] (325)            
Other assets and accrued interest receivable [1],[7] (36)            
Total assets acquired [1] 68            
Liabilities assumed:              
Non-interest bearing [1] 0            
Interest bearing [1],[8] (252)            
Total deposits (252)            
Federal funds purchased [1] 0            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Federal Home Loan Bank Advances [1],[9] (419)            
Other liabilities and accrued interest payable [1] 0            
Total liabilities assumed [1] (671)            
Net assets acquired [1] 739            
King Bancorp Inc. [Member] | As Adjusted By Acuirer [Member] | Subordinated Debt [Member]              
Liabilities assumed:              
Long-term debt [1] 0            
King Bancorp Inc. [Member] | As Adjusted By Acuirer [Member] | Line of Credit [Member]              
Liabilities assumed:              
Long-term debt [1] 0            
King Bancorp Inc. [Member] | Recast Adjustment [Member]              
Assets aquired:              
Available for sale securities 0            
Loans [3] (118)            
Allowance for loan and lease losses 0            
Loans, net (118)            
Federal Home Loan Bank stock, at cost 0            
Federal Reserve Bank stock, at cost 0            
Premises and equipment, net [4] 351            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 0            
Bank owned life insurance 0            
Other real estate owned 0            
Other assets and accrued interest receivable 0            
Total assets acquired 233            
Liabilities assumed:              
Non-interest bearing 0            
Interest bearing 0            
Total deposits 0            
Federal funds purchased 0            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Federal Home Loan Bank Advances 0            
Other liabilities and accrued interest payable 0            
Total liabilities assumed 0            
Net assets acquired 233            
King Bancorp Inc. [Member] | Recast Adjustment [Member] | Subordinated Debt [Member]              
Liabilities assumed:              
Long-term debt 0            
King Bancorp Inc. [Member] | Recast Adjustment [Member] | Line of Credit [Member]              
Liabilities assumed:              
Long-term debt 0            
King Bancorp Inc. [Member] | Cash [Member]              
Assets aquired:              
Cash and equivalents 3,316            
King Bancorp Inc. [Member] | Cash [Member] | As Recorded By Acquiree [Member]              
Assets aquired:              
Cash and equivalents 3,316            
King Bancorp Inc. [Member] | Cash [Member] | As Adjusted By Acuirer [Member]              
Assets aquired:              
Cash and equivalents [1] 0            
King Bancorp Inc. [Member] | Cash [Member] | Recast Adjustment [Member]              
Assets aquired:              
Cash and equivalents 0            
King Bancorp Inc. [Member] | Interest-bearing Deposits [Member]              
Assets aquired:              
Cash and equivalents 1,761            
King Bancorp Inc. [Member] | Interest-bearing Deposits [Member] | As Recorded By Acquiree [Member]              
Assets aquired:              
Cash and equivalents 1,761            
King Bancorp Inc. [Member] | Interest-bearing Deposits [Member] | As Adjusted By Acuirer [Member]              
Assets aquired:              
Cash and equivalents [1] 0            
King Bancorp Inc. [Member] | Interest-bearing Deposits [Member] | Recast Adjustment [Member]              
Assets aquired:              
Cash and equivalents $ 0            
[1] Bancorp's acquisition of KSB closed on May 1, 2019. The fair value adjustments reported are preliminary estimates based on information obtained subsequent to May 1, 2019 and through September 30, 2019. Management is continuing to evaluate each of its estimates and may provide additional recast adjustments in future periods based on this continuing evaluation. To the extent that additional recast adjustments are posted in future periods, the resultant fair values and the amount of goodwill recorded by Bancorp will change.
[2] Reflects the fair value adjustment based on Bancorp's evaluation of the acquired investment portfolio.
[3] Reflects the fair value adjustment based on Bancorp's evaluation of the acquired loan portfolio and to eliminate KSB's recorded allowance.
[4] Reflects the fair value adjustment based on Bancorp's evaluation of the premises and equipment acquired.
[5] Reflects the fair value adjustment for the core deposit intangible asset recorded as a result of the acquisition.
[6] Reflects the fair value adjustment based upon Bancorp's evaluation of the foreclosed real estate acquired.
[7] Reflects the write-off of a miscellaneous other asset.
[8] Reflects the fair value adjustment based on the Company's evaluation of the assumed time deposits.
[9] Reflects the fair value adjustment based upon Bancorp's evaluation of the assumed FHLB advances.