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Note 4 - Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(In thousands)	2018			2017

Real estate mortgage loans:
Residential	$	136,445		$	136,399
Land		22,607			18,198
Residential construction		31,459			28,854
Commercial real estate		107,445			100,133
Commercial real estate construction		20,591			17,161
Commercial business loans		36,297			34,114
Consumer loans:
Home equity and second mortgage loans		51,731			49,802
Automobile loans		42,124			38,361
Loans secured by deposits		1,399			1,751
Unsecured loans		3,638			3,744
Other consumer loans		10,169			8,714
Gross loans		463,905			437,231
Less undisbursed portion of loans in process		(26,675	)		(25,020	)

Principal loan balance		437,230			412,211

Deferred loan origination fees and costs, net		1,095			1,041
Allowance for loan losses		(4,065	)		(3,634	)

Loans, net	$	434,260		$	409,618

(In thousands)	2018			2017

Beginning balance	$	7,639		$	7,844
Adjustments due to officer and director changes		(205	)		(93	)
New loans		1,971			1,303
Payments		(1,538	)		(1,415	)

Ending balance	$	7,867		$	7,639

Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]

	Residential Real Estate			Land		Construction			Commercial Real Estate			Commercial Business			Home Equity and Second Mortgage			Other Consumer			Total
(In thousands)
Allowance for Loan Losses:

Beginning balance	$	219		$	133	$	245		$	1,622		$	291		$	710		$	414		$	3,634
Provisions		723			29		(21	)		(296	)		218			(278	)		793			1,168
Charge-offs		(258	)		–		–			–			(51	)		(21	)		(697	)		(1,027	)
Recoveries		9			–		–			75			1			32			173			290

Ending balance	$	693		$	162	$	224		$	1,401		$	459		$	443		$	683		$	4,065

Ending allowance balance attributable to loans:

Individually evaluated for impairment	$	3		$	–	$	–		$	44		$	1		$	–		$	–		$	48
Collectively evaluated for impairment		690			162		224			1,357			458			443			683			4,017
Acquired with deteriorated credit quality		–			–		–			–			–			–			–			–

Ending balance	$	693		$	162	$	224		$	1,401		$	459		$	443		$	683		$	4,065

Recorded Investment in Loans:

Individually evaluated for impairment	$	2,184		$	152	$	521		$	466		$	427		$	35		$	–		$	3,785
Collectively evaluated for impairment		134,553			22,592		24,921			107,158			35,990			52,968			57,558			435,740
Acquired with deteriorated credit quality		282			–		–			48			–			–			–			330

Ending balance	$	137,019		$	22,744	$	25,442		$	107,672		$	36,417		$	53,003		$	57,558		$	439,855

	Residential Real Estate			Land		Construction		Commercial Real Estate			Commercial Business			Home Equity and Second Mortgage			Other Consumer			Total
(In thousands)
Allowance for Loan Losses:

Beginning balance	$	380		$	56	$	80	$	1,670		$	198		$	683		$	319		$	3,386
Provisions		(120	)		77		165		(124	)		226			28			663			915
Charge-offs		(74	)		–		–		(3	)		(140	)		(6	)		(713	)		(936	)
Recoveries		33			–		–		79			7			5			145			269

Ending balance	$	219		$	133	$	245	$	1,622		$	291		$	710		$	414		$	3,634

Ending allowance balance attributable to loans:

Individually evaluated for impairment	$	35		$	–	$	–	$	–		$	4		$	13		$	–		$	52
Collectively evaluated for impairment		182			133		245		1,622			287			697			414			3,580
Acquired with deteriorated credit quality		2			–		–		–			–			–			–			2

Ending balance	$	219		$	133	$	245	$	1,622		$	291		$	710		$	414		$	3,634

Recorded Investment in Loans:

Individually evaluated for impairment	$	2,907		$	–	$	–	$	401		$	42		$	73		$	–		$	3,423
Collectively evaluated for impairment		133,703			18,309		21,034		99,891			34,161			50,905			52,793			410,796
Acquired with deteriorated credit quality		350			–		–		48			–			–			–			398

Ending balance	$	136,960		$	18,309	$	21,034	$	100,340		$	34,203		$	50,978		$	52,793		$	414,617

	Residential Real Estate			Land			Construction		Commercial Real Estate			Commercial Business			Home Equity and Second Mortgage			Other Consumer			Total
(In thousands)
Allowance for Loan Losses:

Beginning balance	$	527		$	157		$	47	$	1,541		$	261		$	626		$	256		$	3,415
Provisions		(87	)		(92	)		33		157			187			79			368			645
Charge-offs		(118	)		(9	)		–		(82	)		(264	)		(36	)		(409	)		(918	)
Recoveries		58			–			–		54			14			14			104			244

Ending balance	$	380		$	56		$	80	$	1,670		$	198		$	683		$	319		$	3,386

Impaired Financing Receivables [Table Text Block]

	Recorded Investment		Unpaid Principal Balance		Average Related Allowance		Interest Recorded Investment		Income Recognized
	(In thousands)

Loans with no related allowance recorded :
Residential real estate	$	2,170	$	2,409	$	–	$	2,335	$	23
Land		152		153		–		135		–
Construction		521		521		–		104		–
Commercial real estate		255		260		–		325		16
Commercial business		400		451		–		237		14
Home equity and second mortgage		35		44		–		57		1
Other consumer		–		–		–		5		1

	$	3,533	$	3,838	$	–	$	3,198	$	55

Loans with an allowance recorded :
Residential real estate	$	14	$	15	$	3	$	203	$	–
Land		–		–		–		–		–
Construction		–		–		–		–		–
Commercial real estate		211		213		44		42		–
Commercial business		27		30		1		38		–
Home equity and second mortgage		–		–		–		5		–
Other consumer		–		–		–		–		–

	$	252	$	258	$	48	$	288	$	–

Total :
Residential real estate	$	2,184	$	2,424	$	3	$	2,538	$	23
Land		152		153		–		135		–
Construction		521		521		–		104		–
Commercial real estate		466		473		44		367		16
Commercial business		427		481		1		275		14
Home equity and second mortgage		35		44		–		62		1
Other consumer		–		–		–		5		1

	$	3,785	$	4,096	$	48	$	3,486	$	55

	Unpaid Recorded Investment		Average Principal Balance		Interest Related Allowance		Recorded Investment		Income Recognized
	(In thousands)

Loans with no related allowance recorded :
Residential real estate	$	2,695	$	2,948	$	–	$	2,437	$	28
Land		–		–		–		–		2
Construction		–		–		–		–		–
Commercial real estate		401		535		–		686		16
Commercial business		12		12		–		57		1
Home equity and second mortgage		60		68		–		194		1
Other consumer		–		–		–		4		–

	$	3,168	$	3,563	$	–	$	3,378	$	48

Loans with an allowance recorded :
Residential real estate	$	212	$	218	$	35	$	140	$	–
Land		–		–		–		–		–
Construction		–		–		–		–		–
Commercial real estate		–		–		–		–		–
Commercial business		30		30		4		40		–
Home equity and second mortgage		13		13		13		20		–
Other consumer		–		–		–		14		–

	$	255	$	261	$	52	$	214	$	–

Total :
Residential real estate	$	2,907	$	3,166	$	35	$	2,577	$	28
Land		–		–		–		–		2
Construction		–		–		–		–		–
Commercial real estate		401		535		–		686		16
Commercial business		42		42		4		97		1
Home equity and second mortgage		73		81		13		214		1
Other consumer		–		–		–		18		–

	$	3,423	$	3,824	$	52	$	3,592	$	48

	Average Recorded Investment		Interest Income Recognized
	(In thousands)

Loans with no related allowance recorded :
Residential real estate	$	1,904	$	26
Land		5		–
Construction		–		3
Commercial real estate		2,959		60
Commercial business		66		–
Home equity and second mortgage		88		2
Other consumer		4		1

	$	5,026	$	92

Loans with an allowance recorded :
Residential real estate	$	148	$	–
Land		–		–
Construction		–		–
Commercial real estate		99		–
Commercial business		54		–
Home equity and second mortgage		27		–
Other consumer		22		–

	$	350	$	–

Total :
Residential real estate	$	2,052	$	26
Land		5		–
Construction		–		3
Commercial real estate		3,058		60
Commercial business		120		–
Home equity and second mortgage		115		2
Other consumer		26		1

	$	5,376	$	92

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	December 31, 2018						December 31, 2017
	Nonaccrual Loans		Loans 90+ Days Past Due Still Accruing		Total Nonperforming Loans		Nonaccrual Loans		Loans 90+ Days Past Due Still Accruing		Total Nonperforming Loans
	(In thousands)

Residential real estate	$	1,769	$	–	$	1,769	$	2,298	$	109	$	2,407
Land		152		–		152		–		95		95
Construction		521		–		521		–		–		–
Commercial real estate		371		–		371		139		–		139
Commercial business		207		–		207		42		59		101
Home equity and second mortgage		35		–		35		57		–		57
Other consumer		–		2		2		–		28		28

Total	$	3,055	$	2	$	3,057	$	2,536	$	291	$	2,827

Past Due Financing Receivables [Table Text Block]

	30-59 Days Past Due		60-89 Days Past Due		Over 90 Days Past Due		Total Past Due		Current		Purchased Credit Impaired Loans		Total Loans
			(In thousands)

Residential real estate	$	2,617	$	926	$	1,189	$	4,732	$	132,005	$	282	$	137,019
Land		247		39		152		438		22,306		–		22,744
Construction		–		–		–		–		25,442		–		25,442
Commercial real estate		450		–		–		450		107,174		48		107,672
Commercial business		377		–		145		522		35,895		–		36,417
Home equity and second mortgage		191		–		35		226		52,777		–		53,003
Other consumer		491		50		2		543		57,015		–		57,558

Total	$	4,373	$	1,015	$	1,523	$	6,911	$	432,614	$	330	$	439,855

	30-59 Days Past Due		60-89 Days Past Due		Over 90 Days Past Due		Total Past Due		Current		Purchased Credit Impaired Loans		Total Loans
			(In thousands)

Residential real estate	$	2,612	$	338	$	1,255	$	4,205	$	132,405	$	350	$	136,960
Land		186		–		95		281		18,028		–		18,309
Construction		–		–		–		–		21,034		–		21,034
Commercial real estate		379		–		139		518		99,774		48		100,340
Commercial business		46		49		102		197		34,006		–		34,203
Home equity and second mortgage		468		27		13		508		50,470		–		50,978
Other consumer		420		37		28		485		52,308		–		52,793

Total	$	4,111	$	451	$	1,632	$	6,194	$	408,025	$	398	$	414,617

Financing Receivable Credit Quality Indicators [Table Text Block]

	Residential Real Estate		Land		Construction		Commercial Real Estate		Commercial Business		Home Equity and Second Mortgage		Other Consumer		Total
(In thousands)
December 31, 2018:
Pass	$	133,878	$	22,458	$	24,921	$	104,843	$	35,162	$	52,859	$	57,529	$	431,650
Special mention		133		65		–		1,520		763		–		29		2,510
Substandard		1,168		69		–		938		285		109		–		2,569
Doubtful/Nonaccrual		1,840		152		521		371		207		35		–		3,126
Loss		–		–		–		–		–		–		–		–

Total	$	137,019	$	22,744	$	25,442	$	107,672	$	36,417	$	53,003	$	57,558	$	439,855


December 31, 2017:
Pass	$	133,618	$	18,003	$	20,173	$	97,219	$	33,245	$	50,919	$	52,629	$	405,806
Special mention		348		157		861		1,362		734		–		161		3,623
Substandard		684		149		–		1,620		182		2		3		2,640
Doubtful/Nonaccrual		2,310		–		–		139		42		57		–		2,548
Loss		–		–		–		–		–		–		–		–

Total	$	136,960	$	18,309	$	21,034	$	100,340	$	34,203	$	50,978	$	52,793	$	414,617

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	December 31, 2018								December 31, 2017
	Accruing		Nonaccrual		Total		Related Allowance for Loan Losses		Accruing		Nonaccrual		Total		Related Allowance for Loan Losses
	(In thousands)

Residential real estate	$	295	$	302	$	597	$	–	$	487	$	106	$	593	$	–
Commercial real estate		190		371		561		44		356		–		356		–
Commercial business		218		–		218		–		–		–		–		–
Home equity and second mortgage		–		–		–		–		15		–		15		–

Total	$	703	$	673	$	1,376	$	44	$	858	$	106	$	964	$	–

Schedule of Purchased Credit Impaired Loans [Table Text Block]

(In thousands)	2018		2017

Residential real estate	$	282	$	350
Commercial real estate		48		48
Carrying amount		330		398
Allowance for loan losses		–		2

	$	330	$	396

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block]

(In thousands)	2018			2017			2016

Beginning balance	$	470		$	252		$	319
New loans acquired		–			–			–
Accretion to income		(54	)		(55	)		(75	)
Disposals and other adjustments		(35	)		(21	)		(93	)
Reclassification (to) from nonaccretable difference		42			294			101
Ending balance	$	423		$	470		$	252

Financing Receivable [Member]

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	Residential Real Estate		Land		Construction			Commercial Real Estate			Commercial Business		Home Equity and Second Mortgage		Other Consumer		Total
	(In thousands)
December 31, 2018:
Principal loan balance	$	136,445	$	22,607	$	25,375		$	107,445		$	36,297	$	51,731	$	57,330	$	437,230

Accrued interest receivable		475		119		76			265			120		247		228		1,530

Net deferred loan origination fees and costs		99		18		(9	)		(38	)		–		1,025		–		1,095

Recorded investment in loans	$	137,019	$	22,744	$	25,442		$	107,672		$	36,417	$	53,003	$	57,558	$	439,855


December 31, 2017:
Principal loan balance	$	136,399	$	18,198	$	20,995		$	100,133		$	34,114	$	49,802	$	52,570	$	412,211

Accrued interest receivable		474		94		49			249			87		189		223		1,365

Net deferred loan origination fees and costs		87		17		(10	)		(42	)		2		987		–		1,041

Recorded investment in loans	$	136,960	$	18,309	$	21,034		$	100,340		$	34,203	$	50,978	$	52,793	$	414,617