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

3 Months Ended

Mar. 31, 2021

Notes Tables

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

	March 31,			December 31,
(In thousands)	2021			2020
Real estate mortgage loans:
Residential	$	125,129		$	131,217
Land		17,005			17,328
Residential construction		52,792			39,160
Commercial real estate		133,423			135,114
Commercial real estate construction		7,967			4,988
Commercial business loans		71,916			82,274
Consumer loans:
Home equity and second mortgage loans		50,356			52,001
Automobile loans		43,326			43,770
Loans secured by savings accounts		962			1,083
Unsecured loans		2,465			2,766
Other consumer loans		15,544			16,117
Gross loans		520,885			525,818
Less undisbursed portion of loans in process		(31,808	)		(19,179	)
Principal loan balance		489,077			506,639
Deferred loan origination fees and costs, net		174			317
Allowance for loan losses		(6,628	)		(6,625	)
Loans, net	$	482,623		$	500,331

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

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer		Total
	(In thousands)
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-	$	-	$	-	$	-	$	-	$	9	$	-	$	9
Collectively evaluated for impairment		1,189		209		348		2,355		816		613		1,057		6,587
Acquired with deteriorated credit quality		32		-		-		-		-		-		-		32
Ending balance	$	1,221	$	209	$	348	$	2,355	$	816	$	622	$	1,057	$	6,628

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer		Total
	(In thousands)
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Collectively evaluated for impairment		1,208		209		292		2,358		843		617		1,067		6,594
Acquired with deteriorated credit quality		31		-		-		-		-		-		-		31
Ending balance	$	1,239	$	209	$	292	$	2,358	$	843	$	617	$	1,067	$	6,625

															Home Equity
	Residential								Commercial			Commercial			and Second			Other
	Real Estate			Land			Construction		Real Estate			Business			Mortgage			Consumer			Total
	(In thousands)
Allowance for loan losses:
Beginning balance	$	1,239		$	209		$	292	$	2,358		$	843		$	617		$	1,067		$	6,625
Provisions for loan losses		(14	)		3			56		(3	)		(27	)		14			46			75
Charge-offs		(4	)		(3	)		-		-			-			(9	)		(114	)		(130	)
Recoveries		-			-			-		-			-			-			58			58
Ending balance	$	1,221		$	209		$	348	$	2,355		$	816		$	622		$	1,057		$	6,628

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer			Total
	(In thousands)
Allowance for loan losses:
Beginning balance	$	867	$	163	$	350	$	1,623	$	595	$	515	$	948		$	5,061
Provisions for loan losses		62		-		3		112		25		33		116			351
Charge-offs		-		-		-		-		-		-		(159	)		(159	)
Recoveries		-		-		-		-		-		2		52			54
Ending balance	$	929	$	163	$	353	$	1,735	$	620	$	550	$	957		$	5,307

Impaired Financing Receivables [Table Text Block]

	At March 31, 2021						Three Months Ended March 31, 2021				Three Months Ended March 31, 2020
			Unpaid				Average		Interest		Average		Interest
	Recorded		Principal		Related		Recorded		Income		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,879	$	2,058	$	-	$	1,804	$	5	$	1,700	$	6
Land		100		101		-		99		-		115		-
Construction		-		-		-		-		-		-		-
Commercial real estate		760		768		-		770		9		400		9
Commercial business		201		201		-		206		2		248		2
Home equity and second mortgage		64		62		-		209		1		56		1
Other consumer		-		-		-		-		-		45		-
		3,004		3,190		-		3,088		17		2,564		18
Loans with an allowance recorded:
Residential		-		-		-		-		-		184		-
Land		-		-		-		-		-		-		-
Construction		-		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-		-
Commercial business		-		-		-		-		-		-		-
Home equity and second mortgage		291		294		9		146		-		-		-
Other consumer		-		-		-		-		-		-		-
		291		294		9		146		-		184		-
Total:
Residential		1,879		2,058		-		1,804		5		1,884		6
Land		100		101		-		99		-		115		-
Construction		-		-		-		-		-		-		-
Commercial real estate		760		768		-		770		9		400		9
Commercial business		201		201		-		206		2		248		2
Home equity and second mortgage		355		356		9		355		1		56		1
Other consumer		-		-		-		-		-		45		-
	$	3,295	$	3,484	$	9	$	3,234	$	17	$	2,748	$	18

			Unpaid
	Recorded		Principal		Related
	Investment		Balance		Allowance
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,728	$	1,902	$	-
Land		97		97		-
Construction		-		-		-
Commercial real estate		779		784		-
Commercial business		211		210		-
Home equity and second mortgage		353		345		-
Other consumer		-		-		-
		3,168		3,338		-
Loans with an allowance recorded:
Residential		-		-		-
Land		-		-		-
Construction		-		-		-
Commercial real estate		-		-		-
Commercial business		-		-		-
Home equity and second mortgage		-		-		-
Other consumer		-		-		-
		-		-		-
Total:
Residential		1,728		1,902		-
Land		97		97		-
Construction		-		-		-
Commercial real estate		779		784		-
Commercial business		211		210		-
Home equity and second mortgage		353		345		-
Other consumer		-		-		-
	$	3,168	$	3,338	$	-

Financing Receivable, Nonaccrual [Table Text Block]

	March 31, 2021						December 31, 2020
			Loans 90+ Days		Total				Loans 90+ Days		Total
	Nonaccrual		Past Due		Nonperforming		Nonaccrual		Past Due		Nonperforming
	Loans		Still Accruing		Loans		Loans		Still Accruing		Loans
	(In thousands)
Residential	$	1,309	$	-	$	1,309	$	1,154	$	-	$	1,154
Land		100		-		100		97		59		156
Construction		-		-		-		-		-		-
Commercial real estate		147		-		147		155		-		155
Commercial business		-		-		-		-		-		-
Home equity and second mortgage		304		-		304		-		-		-
Other consumer		-		-		-		-		-		-
Total	$	1,860	$	-	$	1,860	$	1,406	$	59	$	1,465

Financing Receivable, Past Due [Table Text Block]

											Purchased
	30-59 Days		60-89 Days		90 Days or More		Total				Credit		Total
	Past Due		Past Due		Past Due		Past Due		Current		Impaired Loans		Loans
	(In thousands)
Residential	$	1,109	$	20	$	768	$	1,897	$	123,559	$	271	$	125,727
Land		237		-		45		282		16,817		-		17,099
Construction		-		-		-		-		28,995		-		28,995
Commercial real estate		147		-		-		147		133,605		25		133,777
Commercial business		-		13		-		13		71,177		-		71,190
Home equity and second mortgage		25		16		13		54		51,557		-		51,611
Other consumer		128		45		-		173		62,325		-		62,498
Total	$	1,646	$	94	$	826	$	2,566	$	488,035	$	296	$	490,897

											Purchased
	30-59 Days		60-89 Days		90 Days or More		Total				Credit		Total
	Past Due		Past Due		Past Due		Past Due		Current		Impaired Loans		Loans
	(In thousands)
Residential	$	1,672	$	227	$	726	$	2,625	$	128,954	$	271	$	131,850
Land		130		65		156		351		17,110		-		17,461
Construction		-		-		-		-		25,018		-		25,018
Commercial real estate		155		-		-		155		135,303		26		135,484
Commercial business		-		-		-		-		81,809		-		81,809
Home equity and second mortgage		53		302		-		355		52,922		-		53,277
Other consumer		285		101		-		386		63,594		-		63,980
Total	$	2,295	$	695	$	882	$	3,872	$	504,710	$	297	$	508,879

Financing Receivable Credit Quality Indicators [Table Text Block]

											Home Equity
	Residential						Commercial		Commercial		and Second		Other
	Real Estate		Land		Construction		Real Estate		Business		Mortgage		Consumer		Total
	(In thousands)
March 31, 2021
Pass	$	123,905	$	16,331	$	28,920	$	130,584	$	70,780	$	51,185	$	62,358	$	484,063
Special Mention		-		62		-		2,286		285		-		24		2,657
Substandard		513		606		75		760		125		122		116		2,317
Doubtful		1,309		100		-		147		-		304		-		1,860
Loss		-		-		-		-		-		-		-		-
Total	$	125,727	$	17,099	$	28,995	$	133,777	$	71,190	$	51,611	$	62,498	$	490,897
December 31, 2020
Pass	$	130,054	$	16,925	$	25,018	$	131,822	$	81,452	$	52,869	$	63,919	$	502,059
Special Mention		-		315		-		2,289		284		-		10		2,898
Substandard		642		124		-		1,218		73		408		51		2,516
Doubtful		1,154		97		-		155		-		-		-		1,406
Loss		-		-		-		-		-		-		-		-
Total	$	131,850	$	17,461	$	25,018	$	135,484	$	81,809	$	53,277	$	63,980	$	508,879

Schedule of Troubled Debt Restructurings by Accrual Status [Table Text Block]

	March 31, 2021								December 31, 2020
							Related								Related
							Allowance								Allowance
	Accruing		Nonaccrual		Total		for Loan Losses		Accruing		Nonaccrual		Total		for Loan Losses
	(In thousands)
Troubled debt restructurings:
Residential real estate	$	551	$	-	$	551	$	-	$	556	$	-	$	556	$	-
Commercial real estate		610		-		610		-		621		-		621		-
Commercial business		201		-		201		-		210		-		210		-
Home equity and second mortgage		50		290		340		9		345		-		345		-
Total	$	1,412	$	290	$	1,702	$	9	$	1,732	$	-	$	1,732	$	-

Schedule of Purchased Credit Impaired Loans [Table Text Block]

	March 31,		December 31,
(In thousands)	2021		2020
Residential real estate	$	271	$	271
Commercial real estate		25		26
Carrying amount		296		297
Allowance for loan losses		32		31
Carrying amount, net of allowance	$	264	$	266

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

	2021			2020
Balance at beginning of period	$	316		$	403
New loans purchased		-			-
Accretion to income		(8	)		(11	)
Disposals and other adjustments		-			-
Reclassification from nonaccretable difference		(5	)		(17	)
Balance at end of period	$	303		$	375

Financing Receivable [Member]

Notes Tables

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

														Home Equity
	Residential							Commercial			Commercial			and Second		Other
	Real Estate		Land		Construction			Real Estate			Business			Mortgage		Consumer		Total
	(In thousands)
Recorded Investment in Loans:
Principal loan balance	$	125,129	$	17,005	$	28,951		$	133,423		$	71,916		$	50,356	$	62,297	$	489,077
Accrued interest receivable		479		78		58			416			265			149		201		1,646
Net deferred loan origination fees and costs		119		16		(14	)		(62	)		(991	)		1,106		-		174
Recorded investment in loans	$	125,727	$	17,099	$	28,995		$	133,777		$	71,190		$	51,611	$	62,498	$	490,897
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	$	1,879	$	100	$	-		$	760		$	201		$	355	$	-	$	3,295
Collectively evaluated for impairment		123,577		16,999		28,995			132,992			70,989			51,256		62,498		487,306
Acquired with deteriorated credit quality		271		-		-			25			-			-		-		296
Ending balance	$	125,727	$	17,099	$	28,995		$	133,777		$	71,190		$	51,611	$	62,498	$	490,897

														Home Equity
	Residential							Commercial			Commercial			and Second		Other
	Real Estate		Land		Construction			Real Estate			Business			Mortgage		Consumer		Total
	(In thousands)
Recorded Investment in Loans:
Principal loan balance	$	131,217	$	17,328	$	24,969		$	135,114		$	82,274		$	52,001	$	63,736	$	506,639
Accrued interest receivable		513		116		61			435			378			176		244		1,923
Net deferred loan origination fees and costs		120		17		(12	)		(65	)		(843	)		1,100		-		317
Recorded investment in loans	$	131,850	$	17,461	$	25,018		$	135,484		$	81,809		$	53,277	$	63,980	$	508,879
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	$	1,728	$	97	$	-		$	779		$	211		$	353	$	-	$	3,168
Collectively evaluated for impairment		129,851		17,364		25,018			134,679			81,598			52,924		63,980		505,414
Acquired with deteriorated credit quality		271		-		-			26			-			-		-		297
Ending balance	$	131,850	$	17,461	$	25,018		$	135,484		$	81,809		$	53,277	$	63,980	$	508,879