Note 3 - Securities (Tables)

9 Months Ended

Sep. 30, 2022

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
September 30, 2022:
U.S. government sponsored entities and agencies	$	6,104	$	—	$	(1,297	)	$	4,807
U.S. agency mortgage-backed securities: residential		6,794		—		(825	)		5,969
U.S. agency collateralized mortgage obligations: residential		42,874		—		(7,389	)		35,485
State and political subdivisions		89,237		—		(23,432	)		65,805
Corporate debt securities		24,918		28		(1,590	)		23,356
Total securities available-for-sale	$	169,927	$	28	$	(34,533	)	$	135,422
December 31, 2021:
U.S. government sponsored entities and agencies	$	8,142	$	52	$	(35	)	$	8,159
U.S. agency mortgage-backed securities: residential		12,049		116		(130	)		12,035
U.S. agency collateralized mortgage obligations: residential		50,202		92		(804	)		49,490
State and political subdivisions		92,307		1,099		(844	)		92,562
Corporate debt securities		23,705		424		(105	)		24,024
Total securities available-for-sale	$	186,405	$	1,783	$	(1,918	)	$	186,270

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		4,927		4,759
Due after five years through ten years		35,787		32,065
Due after ten years		79,545		57,144
Mortgage-backed securities: residential		6,794		5,969
Collateralized mortgage obligations: residential		42,874		35,485
Total securities available-for-sale	$	169,927	$	135,422

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
September 30, 2022:
U.S. government sponsored entities and agencies	$	3,981	$	(926	)	$	826	$	(371	)	$	4,807	$	(1,297	)
U.S. agency mortgage-backed securities: residential		1,309		(70	)		4,660		(755	)		5,969		(825	)
U.S. agency collateralized mortgage obligations: residential		13,020		(1,959	)		22,465		(5,430	)		35,485		(7,389	)
State and political subdivisions		38,219		(10,863	)		27,586		(12,569	)		65,805		(23,432	)
Corporate debt securities		14,782		(1,129	)		4,489		(461	)		19,271		(1,590	)
Total	$	71,311	$	(14,947	)	$	60,026	$	(19,586	)	$	131,337	$	(34,533	)
December 31, 2021:
U.S. government sponsored entities and agencies	$	4,568	$	(35	)	$	—	$	—		$	4,568	$	(35	)
U.S. agency mortgage-backed securities: residential		7,254		(130	)		—		—			7,254		(130	)
U.S. agency collateralized mortgage obligations: residential		39,964		(801	)		1,584		(3	)		41,548		(804	)
State and political subdivisions		39,872		(814	)		1,442		(30	)		41,314		(844	)
Corporate debt securities		6,104		(105	)		—		—			6,104		(105	)
Total	$	97,762	$	(1,885	)	$	3,026	$	(33	)	$	100,788	$	(1,918	)

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

(Dollar amounts in thousands)	For the three months ended September 30,					For the nine months ended September 30,
	2022			2021		2022			2021
Proceeds	$	4,132		$	4,597	$	10,990		$	4,845
Gains		3			170		19			201
Losses		(184	)		—		(293	)		—
Tax provision related to gains (losses)		(38	)		35		(58	)		42