Note 21 - Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Notes Tables

Fair Value, by Balance Sheet Grouping [Table Text Block]

	December 31, 201 9													December 31, 2018
							Fair value hierarchy
(Dollars in thousands)	Carrying amount			Estimated fair value			Level 1		Level 2		Level 3	Contract amount		Carrying amount			Estimated fair value			Contract amount
Financial assets:
Cash and cash equivalents	$	44,399			44,399			44,399							20,709			20,709
Securities available for sale		107,592			107,592					107,592					79,859			79,859
Equity securities		167			167					167					121			121
Loans held for sale		3,606			3,606					3,606					3,444			3,444
Loans receivable, net		596,392			600,863					600,863					586,688			578,978
FHLB stock		854			854					854					867			867
Accrued interest receivable		2,251			2,251					2,251					2,356			2,356
Financial liabilities:
Deposits		673,870			673,945					673,945					623,352			623,439
Accrued interest payable		420			420					420					346			346
Off-balance sheet financial instruments:
Commitments to extend credit		14			14								178,804		40			40			146,978
Commitments to sell loans		(16	)		(16	)							10,098		(56	)		(56	)		7,289