Note 3 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

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

(In thousands)		March 31, 2019			December 31, 2018
Real estate mortgage loans:
Residential	$	141,511		$	136,445
Land		22,148			22,607
Residential construction		30,297			31,459
Commercial real estate		106,787			107,445
Commercial real estate contruction		22,075			20,591
Commercial business loans		40,053			36,297
Consumer loans:
Home equity and second mortgage loans		53,467			51,731
Automobile loans		42,835			42,124
Loans secured by savings accounts		1,383			1,399
Unsecured loans		3,510			3,638
Other consumer loans		10,247			10,169
Gross loans		474,313			463,905
Less undisbursed portion of loans in process		(21,299	)		(26,675	)
Principal loan balance		453,014			437,230
Deferred loan origination fees, net		1,106			1,095
Allowance for loan losses		(4,339	)		(4,065	)
Loans, net	$	449,781		$	434,260

Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]

		Residential Real Estate		Land		Construction		Commercial Real Estate		Commercial Business		Home Equity & 2nd Mtg		Other Consumer		Total
	(In thousands)
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	28	$	-	$	-	$	39	$	1	$	-	$	-	$	68
Collectively evaluated for impairment		699		164		291		1,352		540		450		775		4,271
Acquired with deteriorated credit quality		-		-		-		-		-		-		-		-
Ending balance	$	727	$	164	$	291	$	1,391	$	541	$	450	$	775	$	4,339

		Residential Real Estate		Land		Construction		Commercial Real Estate		Commercial Business		Home Equity & 2nd Mtg		Other Consumer		Total
	(In thousands)
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

		Residential Real Estate			Land		Construction		Commercial Real Estate			Commercial Business		Home Equity & 2nd Mtg		Other Consumer			Total
	(In thousands)
Allowance for loan losses:
Beginning balance	$	693		$	162	$	224	$	1,401		$	459	$	443	$	683		$	4,065
Provisions for loan losses		71			2		67		(10	)		82		5		233			450
Charge-offs		(39	)		-		-		-			-		-		(181	)		(220	)
Recoveries		2			-		-		-			-		2		40			44
Ending balance	$	727		$	164	$	291	$	1,391		$	541	$	450	$	775		$	4,339

		Residential Real Estate			Land		Construction		Commercial Real Estate			Commercial Business			Home Equity & 2nd Mtg			Other Consumer			Total
	(In thousands)
Allowance for loan losses:
Beginning balance	$	219		$	133	$	245	$	1,622		$	291		$	710		$	414		$	3,634
Provisions for loan losses		139			23		46		(110	)		(15	)		(33	)		147			197
Charge-offs		(60	)		-		-		-			(1	)		-			(196	)		(257	)
Recoveries		3			-		-		8			1			3			42			57
Ending balance	$	301		$	156	$	291	$	1,520		$	276		$	680		$	407		$	3,631

Impaired Financing Receivables [Table Text Block]

	At March 31, 2019						Three Months Ended March 31, 2019				Three Months Ended March 31, 2018
		Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	2,192	$	2,478	$	-	$	2,181	$	3	$	2,610	$	7
Land		189		191		-		171		-		47		-
Construction		525		525		-		523		-		-		-
Commercial real estate		251		258		-		253		2		383		5
Commercial business		396		447		-		398		3		152		4
Home equity/2nd mortgage		25		34		-		30		-		69		-
Other consumer		-		-		-		-		-		4		-
		3,578		3,933		-		3,556		8		3,265		16
Loans with an allowance recorded:
Residential		137		145		28		76		-		245		-
Land		-		-		-		-		-		-		-
Construction		-		-		-		-		-		-		-
Commercial real estate		206		212		39		103		-		-		-
Commercial business		26		30		1		119		-		29		-
Home equity/2nd mortgage		-		-		-		14		-		13		-
Other consumer		-		-		-		-		-		-		-
		369		387		68		312		-		287		-
Total:
Residential		2,329		2,623		28		2,257		3		2,855		7
Land		189		191		-		171		-		47		-
Construction		525		525		-		523		-		-		-
Commercial real estate		457		470		39		356		2		383		5
Commercial business		422		477		1		517		3		181		4
Home equity/2nd mortgage		25		34		-		44		-		82		-
Other consumer		-		-		-		-		-		4		-
	$	3,947	$	4,320	$	68	$	3,868	$	8	$	3,552	$	16

		Recorded Investment		Unpaid Principal Balance		Related Allowance
	(In thousands)
Loans with no related allowance recorded:
Residential	$	2,170	$	2,409	$	-
Land		152		153		-
Construction		521		521		-
Commercial real estate		255		260		-
Commercial business		400		451		-
Home equity/2nd mortgage		35		44		-
Other consumer		-		-		-
		3,533		3,838		-
Loans with an allowance recorded:
Residential		14		15		3
Land		-		-		-
Construction		-		-		-
Commercial real estate		211		213		44
Commercial business		27		30		1
Home equity/2nd mortgage		-		-		-
Other consumer		-		-		-
		252		258		48
Total:
Residential		2,184		2,424		3
Land		152		153		-
Construction		521		521		-
Commercial real estate		466		473		44
Commercial business		427		481		1
Home equity/2nd mortgage		35		44		-
Other consumer		-		-		-
	$	3,785	$	4,096	$	48

Financing Receivable, Nonaccrual [Table Text Block]

	March 31, 2019						December 31, 2018
		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	$	2,065	$	59	$	2,124	$	1,769	$	-	$	1,769
Land		189		-		189		152		-		152
Construction		525		-		525		521		-		521
Commercial real estate		362		-		362		371		-		371
Commercial business		205		-		205		207		-		207
Home equity/2nd mortgage		25		-		25		35		-		35
Other consumer		-		3		3		-		2		2
Total	$	3,371	$	62	$	3,433	$	3,055	$	2	$	3,057

Financing Receivable, Past Due [Table Text Block]

		30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Purchased Credit Impaired Loans		Total Loans
	(In thousands)
Residential	$	2,936	$	96	$	1,396	$	4,428	$	137,401	$	282	$	142,111
Land		284		12		153		449		21,831		-		22,280
Construction		394		-		525		919		30,247		-		31,166
Commercial real estate		509		-		-		509		106,438		45		106,992
Commercial business		167		-		145		312		39,864		-		40,176
Home equity/2nd mortgage		148		-		25		173		54,590		-		54,763
Other consumer		194		57		3		254		57,940		-		58,194
Total	$	4,632	$	165	$	2,247	$	7,044	$	448,311	$	327	$	455,682

		30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Purchased Credit Impaired Loans		Total Loans
	(In thousands)
Residential	$	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/2nd 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

Financing Receivable Credit Quality Indicators [Table Text Block]

		Residential Real Estate		Land		Construction		Commercial Real Estate		Commercial Business		Home Equity & 2nd Mtg		Other Consumer		Total
	(In thousands)
March 31, 2019
Pass	$	139,056	$	21,891	$	30,598	$	104,154	$	38,822	$	54,687	$	57,978	$	447,186
Special Mention		131		65		43		1,495		869		-		216		2,819
Substandard		788		135		-		981		280		51		-		2,235
Doubtful		2,136		189		525		362		205		25		-		3,442
Loss		-		-		-		-		-		-		-		-
Total	$	142,111	$	22,280	$	31,166	$	106,992	$	40,176	$	54,763	$	58,194	$	455,682
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		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

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	March 31, 2019								December 31, 2018
		Accruing		Nonaccrual		Total		Related Allowance for Loan Losses		Accruing		Nonaccrual		Total		Related Allowance for Loan Losses
	(In thousands)
Troubled debt restructurings:
Residential real estate	$	146	$	297	$	443	$	-	$	295	$	302	$	597	$	-
Commercial real estate		190		362		552		39		190		371		561		44
Commercial business		216		-		216		-		218		-		218		-
Total	$	552	$	659	$	1,211	$	39	$	703	$	673	$	1,376	$	44

Schedule of Purchased Credit Impaired Loans [Table Text Block]

(In thousands)		March 31, 2019		December 31, 2018
Residential real estate	$	282	$	282
Commercial real estate		45		48
Carrying amount		327		330
Allowance for loan losses		-		-
Carrying amount, net of allowance	$	327	$	330

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

		2019			2018
Balance at beginning of period	$	423		$	470
New loans purchased		-			-
Accretion to income		(12	)		(14	)
Disposals and other adjustments		-			-
Reclassification from nonaccretable difference		(2	)		3
Balance at end of period	$	409		$	459

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 & 2nd Mtg		Other Consumer		Total
	(In thousands)
Recorded Investment in Loans:
Principal loan balance	$	141,511	$	22,148	$	31,073		$	106,787		$	40,053	$	53,467	$	57,975	$	453,014
Accrued interest receivable		495		113		102			244			123		266		219		1,562
Net deferred loan origination fees and costs		105		19		(9	)		(39	)		-		1,030		-		1,106
Recorded investment in loans	$	142,111	$	22,280	$	31,166		$	106,992		$	40,176	$	54,763	$	58,194	$	455,682
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	$	2,329	$	189	$	525		$	457		$	422	$	25	$	-	$	3,947
Collectively evaluated for impairment		139,500		22,091		30,641			106,490			39,754		54,738		58,194		451,408
Acquired with deteriorated credit quality		282		-		-			45			-		-		-		327
Ending balance	$	142,111	$	22,280	$	31,166		$	106,992		$	40,176	$	54,763	$	58,194	$	455,682

		Residential Real Estate		Land		Construction			Commercial Real Estate			Commercial Business		Home Equity & 2nd Mtg		Other Consumer		Total
	(In thousands)
Recorded Investment in Loans:
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
Recorded Investment in Loans as Evaluated for Impairment:
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