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

12 Months Ended

Dec. 31, 2022

Notes Tables

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

	December 31,			December 31,
(In thousands)	2022			2021
Real estate mortgage loans:
Residential	$	155,334		$	130,603
Land		21,860			19,478
Construction		86,845			59,959
Commercial		161,425			137,915
Commercial business loans		60,817			51,787
Consumer loans:
Home equity and second mortgage loans		57,781			54,453
Automobile loans		48,184			43,946
Loans secured by savings accounts		627			827
Unsecured loans		2,245			2,219
Other consumer loans		12,973			13,579
Gross loans		608,091			514,766
Less undisbursed portion of loans in process		(44,574	)		(26,520	)
Principal loan balance		563,517			488,246
Deferred loan origination fees and costs, net		1,213			1,124
Allowance for loan losses		(6,772	)		(6,083	)
Loans, net	$	557,958		$	483,287

Schedule of Related Party Transactions [Table Text Block]

(In thousands)	2022			2021
Beginning balance	$	7,233		$	13,287
Adjustments due to officer and director changes		(711	)		-
New loans		1,189			3,391
Payments		(1,432	)		(9,445	)
Ending balance	$	6,279		$	7,233

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)
Allowance for Loan Losses:
Beginning balance	$	1,174		$	234	$	403	$	1,884	$	873		$	527	$	988		$	6,083
Provisions		247			31		123		147		173			1		228			950
Charge-offs		(48	)		-		-		-		(9	)		-		(448	)		(505	)
Recoveries		10			-		-		-		9			2		223			244
Ending balance	$	1,383		$	265	$	526	$	2,031	$	1,046		$	530	$	991		$	6,772
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		$	-	$	-	$	-	$	155		$	-	$	-		$	155
Collectively evaluated for impairment		1,383			265		526		2,031		891			530		991			6,617
Acquired with deteriorated credit quality		-			-		-		-		-			-		-			-
Ending balance	$	1,383		$	265	$	526	$	2,031	$	1,046		$	530	$	991		$	6,772
Recorded Investment in Loans:
Individually evaluated for impairment	$	854		$	51	$	-	$	463	$	195		$	372	$	-		$	1,935
Collectively evaluated for impairment		154,798			21,946		42,364		161,212		60,781			58,961		64,265			564,327
Acquired with deteriorated credit quality		286			-		-		-		-			-		-			286
Ending balance	$	155,938		$	21,997	$	42,364	$	161,675	$	60,976		$	59,333	$	64,265		$	566,548

														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		(35	)		34			111		(474	)		20		(88	)		107			(325	)
Charge-offs		(35	)		(9	)		-		-			-		(10	)		(400	)		(454	)
Recoveries		5			-			-		-			10		8			214			237
Ending balance	$	1,174		$	234		$	403	$	1,884		$	873	$	527		$	988		$	6,083
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		$	-		$	-	$	-		$	-	$	7		$	-		$	7
Collectively evaluated for impairment		1,143			234			403		1,884			873		520			988			6,045
Acquired with deteriorated credit quality		31			-			-		-			-		-			-			31
Ending balance	$	1,174		$	234		$	403	$	1,884		$	873	$	527		$	988		$	6,083
Recorded Investment in Loans:
Individually evaluated for impairment	$	1,034		$	102		$	-	$	702		$	174	$	303		$	-		$	2,315
Collectively evaluated for impairment		129,848			19,492			33,491		137,428			51,747		55,439			60,789			488,234
Acquired with deteriorated credit quality		270			-			-		11			-		-			-			281
Ending balance	$	131,152		$	19,594		$	33,491	$	138,141		$	51,921	$	55,742		$	60,789		$	490,830

														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		393			46		(58	)		735		280			91		314			1,801
Charge-offs		(72	)		-		-			-		(32	)		-		(407	)		(511	)
Recoveries		51			-		-			-		-			11		212			274
Ending balance	$	1,239		$	209	$	292		$	2,358	$	843		$	617	$	1,067		$	6,625

Impaired Financing Receivables [Table Text Block]

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	854	$	996	$	-	$	893	$	12
Land		51		51		-		71		-
Construction		-		-		-		-		-
Commercial real estate		463		484		-		582		25
Commercial business		40		40		-		137		8
Home equity and second mortgage		372		389		-		155		-
Other consumer		-		-		-		-		-
	$	1,780	$	1,960	$	-	$	1,838	$	45
Loans with an allowance recorded:
Residential	$	-	$	-	$	-	$	11	$	-
Land		-		-		-		-		-
Construction		-		-		-		-		-
Commercial real estate		-		-		-		-		-
Commercial business		155		155		155		31		-
Home equity and second mortgage		-		-		-		172		-
Other consumer		-		-		-		-		-
	$	155	$	155	$	155	$	214	$	-
Total:
Residential	$	854	$	996	$	-	$	904	$	12
Land		51		51		-		71		-
Construction		-		-		-		-		-
Commercial real estate		463		484		-		582		25
Commercial business		195		195		155		168		8
Home equity and second mortgage		372		389		-		327		-
Other consumer		-		-		-		-		-
	$	1,935	$	2,115	$	155	$	2,052	$	45

			Unpaid				Average		Interest
	Recorded		Principal		Related		Recorded		Income
	Investment		Balance		Allowance		Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,034	$	1,163	$	-	$	1,529	$	21
Land		102		104		-		100		-
Construction		-		-		-		-		-
Commercial real estate		702		716		-		740		34
Commercial business		174		174		-		191		8
Home equity and second mortgage		15		15		-		111		2
Other consumer		-		-		-		-		-
	$	2,027	$	2,172	$	-	$	2,671	$	65
Loans with an allowance recorded:
Residential	$	-	$	-	$	-	$	-	$	-
Land		-		-		-		10		-
Construction		-		-		-		-		-
Commercial real estate		-		-		-		-		-
Commercial business		-		-		-		-		-
Home equity and second mortgage		288		296		7		231		-
Other consumer		-		-		-		-		-
	$	288	$	296	$	7	$	241	$	-
Total:
Residential	$	1,034	$	1,163	$	-	$	1,529	$	21
Land		102		104		-		110		-
Construction		-		-		-		-		-
Commercial real estate		702		716		-		740		34
Commercial business		174		174		-		191		8
Home equity and second mortgage		303		311		7		342		2
Other consumer		-		-		-		-		-
	$	2,315	$	2,468	$	7	$	2,912	$	65

	Average		Interest
	Recorded		Income
	Investment		Recognized
	(In thousands)
Loans with no related allowance recorded:
Residential	$	1,638	$	22
Land		101		1
Construction		-		-
Commercial real estate		836		36
Commercial business		249		9
Home equity and second mortgage		234		13
Other consumer		19		-
	$	3,077	$	81
Loans with an allowance recorded:
Residential	$	117	$	-
Land		-		-
Construction		-		-
Commercial real estate		-		-
Commercial business		76		-
Home equity and second mortgage		-		-
Other consumer		-		-
	$	193	$	-
Total:
Residential	$	1,755	$	22
Land		101		1
Construction		-		-
Commercial real estate		836		36
Commercial business		325		9
Home equity and second mortgage		234		13
Other consumer		19		-
	$	3,270	$	81

Financing Receivable, Nonaccrual [Table Text Block]

	December 31, 2022						December 31, 2021
			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	$	744	$	83	$	827	$	806	$	-	$	806
Land		51		-		51		102		-		102
Construction		-		-		-		-		-		-
Commercial real estate		81		-		81		115		-		115
Commercial business		155		-		155		-		-		-
Home equity and second mortgage		372		-		372		304		-		304
Other consumer		-		4		4		-		3		3
Total	$	1,403	$	87	$	1,490	$	1,327	$	3	$	1,330

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	$	2,229	$	226	$	543	$	2,998	$	152,654	$	286	$	155,938
Land		119		-		51		170		21,827		-		21,997
Construction		-		-		-		-		42,364		-		42,364
Commercial real estate		-		-		-		-		161,675		-		161,675
Commercial business		-		-		155		155		60,821		-		60,976
Home equity and second mortgage		206		278		93		577		58,756		-		59,333
Other consumer		211		72		4		287		63,978		-		64,265
Total	$	2,765	$	576	$	846	$	4,187	$	562,075	$	286	$	566,548

											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	$	1,186	$	158	$	501	$	1,845	$	129,037	$	270	$	131,152
Land		94		62		102		258		19,336		-		19,594
Construction		-		-		-		-		33,491		-		33,491
Commercial real estate		-		-		-		-		138,130		11		138,141
Commercial business		-		-		-		-		51,921		-		51,921
Home equity and second mortgage		165		-		-		165		55,577		-		55,742
Other consumer		129		3		3		135		60,654		-		60,789
Total	$	1,574	$	223	$	606	$	2,403	$	488,146	$	281	$	490,830

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)
December 31, 2022
Pass	$	154,429	$	21,827	$	42,364	$	159,842	$	60,261	$	58,937	$	64,149	$	561,809
Special Mention		-		60		-		679		388		-		116		1,243
Substandard		765		59		-		1,073		172		24		-		2,093
Doubtful		744		51		-		81		155		372		-		1,403
Loss		-		-		-		-		-		-		-		-
Total	$	155,938	$	21,997	$	42,364	$	161,675	$	60,976	$	59,333	$	64,265	$	566,548
December 31, 2021
Pass	$	129,705	$	19,369	$	33,491	$	135,608	$	51,353	$	55,438	$	60,789	$	485,753
Special Mention		-		61		-		1,203		323		-		-		1,587
Substandard		641		62		-		1,215		245		-		-		2,163
Doubtful		806		102		-		115		-		304		-		1,327
Loss		-		-		-		-		-		-		-		-
Total	$	131,152	$	19,594	$	33,491	$	138,141	$	51,921	$	55,742	$	60,789	$	490,830

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

	December 31, 2022								December 31, 2021
							Related								Related
							Allowance								Allowance
	Accruing		Nonaccrual		Total		for Loan Losses		Accruing		Nonaccrual		Total		for Loan Losses
	(In thousands)
Troubled debt restructurings:
Residential real estate	$	108	$	16	$	124	$	-	$	216	$	-	$	216	$	-
Commercial real estate		381		-		381		-		585		-		585		-
Commercial business		40		-		40		-		174		-		174		-
Home equity and second mortgage		-		278		278		-		-		287		287		7
Total	$	529	$	294	$	823	$	-	$	975	$	287	$	1,262	$	7

Schedule of Purchased Credit Impaired Loans [Table Text Block]

PCI carrying amount
(In thousands)	2022		2021
Residential real estate	$	286	$	270
Commercial real estate		-		11
Carrying amount		286		281
Allowance for loan losses		-		31
Carrying amount, net of allowance	$	286	$	250

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)
December 31, 2022:
Principal loan balance	$	155,334	$	21,860	$	42,271		$	161,425		$	60,817		$	57,781	$	64,029	$	563,517
Accrued interest receivable		493		123		105			343			170			348		236		1,818
Net deferred loan origination fees and costs		111		14		(12	)		(93	)		(11	)		1,204		-		1,213
Recorded investment in loans	$	155,938	$	21,997	$	42,364		$	161,675		$	60,976		$	59,333	$	64,265	$	566,548
December 31, 2021:
Principal loan balance	$	130,603	$	19,478	$	33,439		$	137,915		$	51,787		$	54,453	$	60,571	$	488,246
Accrued interest receivable		442		103		67			290			180			160		218		1,460
Net deferred loan origination fees and costs		107		13		(15	)		(64	)		(46	)		1,129		-		1,124
Recorded investment in loans	$	131,152	$	19,594	$	33,491		$	138,141		$	51,921		$	55,742	$	60,789	$	490,830