XML 75 R64.htm IDEA: XBRL DOCUMENT v3.24.1
Note 6 - Allowance for Credit Losses and Credit Quality Information - Allowance for Loan Losses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Jan. 01, 2023
Balance $ 10,277 [1] $ 9,279  
Provision for losses [2] 795 1,071  
Charge-offs (384) (115)  
Recoveries 66 42  
Balance [1] 11,824 10,277  
Individual reserves 428 162  
Collective reserves 11,396 10,115  
Allowance for credit losses (2) [1] 11,824 10,277  
Individually reviewed for impairment 4,284 2,140  
Collectively reviewed for impairment 853,824 785,747  
Ending balance 858,108 787,887  
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]      
Balance 1,070    
Balance   1,070  
Allowance for credit losses (2)   1,070 $ 1,100
Residential Portfolio Segment [Member]      
Balance 1,261 974  
Provision for losses 403 286  
Charge-offs 0 0  
Recoveries 21 1  
Balance 1,426 1,261  
Individual reserves 28 33  
Collective reserves 1,398 1,228  
Allowance for credit losses (2) 1,426 1,261  
Individually reviewed for impairment 979 908  
Collectively reviewed for impairment 263,324 204,982  
Ending balance 264,303 205,890  
Residential Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]      
Balance (259)    
Balance   (259)  
Allowance for credit losses (2)   (259)  
Commercial Real Estate Portfolio Segment [Member]      
Balance 7,026 6,388  
Provision for losses (24) 729  
Charge-offs 0 (91)  
Recoveries 0 0  
Balance 7,514 7,026  
Individual reserves 0 0  
Collective reserves 7,514 7,026  
Allowance for credit losses (2) 7,514 7,026  
Individually reviewed for impairment 668 179  
Collectively reviewed for impairment 489,285 471,166  
Ending balance 489,953 471,345  
Commercial Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]      
Balance 512    
Balance   512  
Allowance for credit losses (2)   512  
Consumer Portfolio Segment [Member]      
Balance 1,058 981  
Provision for losses 77 94  
Charge-offs (50) (24)  
Recoveries 7 7  
Balance 607 1,058  
Individual reserves 103 112  
Collective reserves 504 946  
Allowance for credit losses (2) 607 1,058  
Individually reviewed for impairment 425 492  
Collectively reviewed for impairment 42,309 44,325  
Ending balance 42,734 44,817  
Consumer Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]      
Balance (485)    
Balance   (485)  
Allowance for credit losses (2)   (485)  
Commercial Portfolio Segment [Member]      
Balance 932 936  
Provision for losses 339 (38)  
Charge-offs (334) 0  
Recoveries 38 34  
Balance 2,277 932  
Individual reserves 297 17  
Collective reserves 1,980 915  
Allowance for credit losses (2) 2,277 932  
Individually reviewed for impairment 2,212 561  
Collectively reviewed for impairment 58,906 65,274  
Ending balance 61,118 65,835  
Commercial Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]      
Balance $ 1,302    
Balance   1,302  
Allowance for credit losses (2)   $ 1,302  
[1] The Company adopted Accounting Standards Update 2016-13 as of January 1, 2023. The 2022 amounts presented are calculated under the prior accounting standard.
[2] The Company adopted ASU 2016-13 as of January 1, 2023. The 2022 amounts presented are calculated under the prior accounting standard.