Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2021

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

(Dollar amounts in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2021:
U.S. government sponsored entities and agencies	$	6,035	$	36	$	(12	)	$	6,059
U.S. agency mortgage-backed securities: residential		19,826		340		(121	)		20,045
U.S. agency collateralized mortgage obligations: residential		22,573		233		(130	)		22,676
State and political subdivisions		69,519		742		(1,018	)		69,243
Corporate debt securities		23,742		222		(116	)		23,848
Total securities available-for-sale	$	141,695	$	1,573	$	(1,397	)	$	141,871
December 31, 2020:
U.S. government sponsored entities and agencies	$	3,036	$	11	$	(40	)	$	3,007
U.S. agency mortgage-backed securities: residential		16,151		436		(6	)		16,581
U.S. agency collateralized mortgage obligations: residential		15,658		263		(10	)		15,911
State and political subdivisions		53,834		1,781		(38	)		55,577
Corporate debt securities		21,553		434		(22	)		21,965
Total securities available-for-sale	$	110,232	$	2,925	$	(116	)	$	113,041

Investments Classified by Contractual Maturity Date [Table Text Block]

(Dollar amounts in thousands)	Available-for-sale
	Amortized Cost		Fair Value
Due in one year or less	$	-	$	-
Due after one year through five years		4,547		4,597
Due after five years through ten years		30,848		31,028
Due after ten years		63,901		63,525
Mortgage-backed securities: residential		19,826		20,045
Collateralized mortgage obligations: residential		22,573		22,676
Total securities available-for-sale	$	141,695	$	141,871

Schedule of Unrealized Loss on Investments [Table Text Block]

(Dollar amounts in thousands)	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
March 31, 2021:
U.S. government sponsored entities and agencies	$	1,988	$	(12	)	$	—	$	—		$	1,988	$	(12	)
U.S. agency mortgage-backed securities: residential		7,598		(121	)		—		—			7,598		(121	)
U.S. agency collateralized mortgage obligations: residential		7,899		(128	)		2,053		(2	)		9,952		(130	)
State and political subdivisions		35,270		(1,009	)		1,655		(9	)		36,925		(1,018	)
Corporate debt securities		8,373		(101	)		485		(15	)		8,858		(116	)
Total	$	61,128	$	(1,371	)	$	4,193	$	(26	)	$	65,321	$	(1,397	)
December 31, 2020:
U.S. government sponsored entities and agencies	$	1,996	$	(40	)	$	—	$	—		$	1,996	$	(40	)
U.S. agency mortgage-backed securities: residential		1,547		(6	)		—		—			1,547		(6	)
U.S. agency collateralized mortgage obligations: residential		1,515		(4	)		4,845		(6	)		6,360		(10	)
State and political subdivisions		1,705		(11	)		1,641		(27	)		3,346		(38	)
Corporate debt securities		2,509		(10	)		988		(12	)		3,497		(22	)
Total	$	9,272	$	(71	)	$	7,474	$	(45	)	$	16,746	$	(116	)

Schedule of Realized Gain (Loss) [Table Text Block]

(Dollar amounts in thousands)	For the three months ended March 31,
	2021		2020
Proceeds	$	—	$	8,226
Gains		26		82
Losses		—		(4	)
Tax provision related to gains (losses)		5		16