Note 6 - Loans and Allowance for Credit Losses for Loans (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

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

	At			At
	September 30,			December 31,
	2024			2023
(In thousands)	Amount			Amount
Commercial real estate	$	549,029		$	468,928
Construction and land development		41,401			77,851
Residential real estate		6,517			7,169
Mortgage warehouse		292,866			166,567
Commercial		170,514			176,124
Enterprise value		348,171			433,633
Digital asset		—			12,289
Consumer		94			168
Total loans		1,408,592			1,342,729
Allowance for credit losses on loans		(21,923	)		(21,571	)
Net loans	$	1,386,669		$	1,321,158

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

(In thousands)	Commercial real estate			Construction and land development			Residential real estate			Mortgage warehouse		Commercial			Enterprise value			Digital asset		Consumer			Total
Balance at June 30, 2024	$	4,843		$	272		$	69		$	65	$	1,976		$	13,115		$	—	$	1		$	20,341
Charge-offs		—			—			—			—		(96	)		—			—		(8	)		(104	)
Recoveries		—			—			—			—		18			—			—		2			20
Provision (credit)		430			(154	)		—			9		436			939			—		6			1,666
Balance at September 30, 2024	$	5,273		$	118		$	69		$	74	$	2,334		$	14,054		$	—	$	1		$	21,923
Balance at June 30, 2023	$	4,069		$	521		$	55		$	44	$	2,377		$	9,694		$	7,219	$	2		$	23,981
Charge-offs		(1	)		—			—			—		(1	)		(5	)		—		(7	)		(14	)
Recoveries		—			—			5			—		150			4			—		2			161
(Credit) provision		(93	)		(22	)		(6	)		—		(239	)		248			—		7			(105	)
Balance at September 30, 2023	$	3,975		$	499		$	54		$	44	$	2,287		$	9,941		$	7,219	$	4		$	24,023

(In thousands)	Commercial real estate			Construction and land development			Residential real estate			Mortgage warehouse			Commercial			Enterprise value			Digital asset			Consumer			Total
Balance at December 31, 2023	$	4,471		$	407		$	75		$	42		$	2,493		$	8,166		$	5,915		$	2		$	21,571
Charge-offs		—			—			—			—			(101	)		—			(2,124	)		(37	)		(2,262	)
Recoveries		—			—			2			—			18			—			—			4			24
Provision (credit)		802			(289	)		(8	)		32			(76	)		5,888			(3,791	)		32			2,590
Balance at September 30, 2024	$	5,273		$	118		$	69		$	74		$	2,334		$	14,054		$	—		$	1		$	21,923
Balance at December 31, 2022	$	5,062		$	909		$	43		$	213		$	3,582		$	7,712		$	10,493		$	55		$	28,069
Impact of adopting ASC 326		(745	)		(513	)		18			(159	)		(711	)		(270	)		(157	)		(51	)		(2,588	)
Charge-offs		(1	)		—			—			—			(168	)		(3,566	)		—			(36	)		(3,771	)
Recoveries		—			—			5			—			160			49			—			9			223
(Credit) provision		(341	)		103			(12	)		(10	)		(576	)		6,016			(3,117	)		27			2,090
Balance at September 30, 2023	$	3,975		$	499		$	54		$	44		$	2,287		$	9,941		$	7,219		$	4		$	24,023

Financing Receivable, Past Due [Table Text Block]

					90 Days		Total
	30 - 59		60 - 89		or More		Past		Total		Total
(In thousands)	Days		Days		Past Due		Due		Current		Loans
September 30, 2024
Commercial real estate	$	340	$	—	$	—	$	340	$	548,689	$	549,029
Construction and land development		—		16,212		—		16,212		25,189		41,401
Residential real estate		248		—		210		458		6,059		6,517
Mortgage warehouse		—		—		—		—		292,866		292,866
Commercial		47		—		1,506		1,553		168,961		170,514
Enterprise value		—		—		—		—		348,171		348,171
Consumer		—		—		2		2		92		94
Total	$	635	$	16,212	$	1,718	$	18,565	$	1,390,027	$	1,408,592
December 31, 2023
Commercial real estate	$	18,226	$	—	$	—	$	18,226	$	450,702	$	468,928
Construction and land development		—		—		—		—		77,851		77,851
Residential real estate		—		—		236		236		6,933		7,169
Mortgage warehouse		—		—		—		—		166,567		166,567
Commercial		5		100		1,813		1,918		174,206		176,124
Enterprise value		3,348		—		—		3,348		430,285		433,633
Digital asset		—		—		—		—		12,289		12,289
Consumer		2		3		4		9		159		168
Total	$	21,581	$	103	$	2,053	$	23,737	$	1,318,992	$	1,342,729

Financing Receivable, Nonaccrual [Table Text Block]

	Non-accrual				90 Days
	With No				or More
	Allowance		Non-accrual		Past Due
(In thousands)	for Credit Loss		Loans		and Accruing
September 30, 2024
Commercial real estate	$	58	$	58	$	—
Construction and land development		16,212		16,212		—
Residential real estate		—		347		—
Commercial		1,553		1,553		—
Enterprise value		1,408		18,990		—
Consumer		—		1		—
Total	$	19,231	$	37,161	$	—
December 31, 2023
Residential real estate		—		376		—
Commercial		1,857		1,857		—
Enterprise value		—		1,991		—
Digital asset		—		12,289		—
Consumer		—		4		—
Total	$	1,857	$	16,517	$	—

Schedule of Collateral Dependent Loans [Table Text Block]

	Commercial				Business
	Real		Business		Enterprise
(In thousands)	Estate		Assets		Value
September 30, 2024
Commercial real estate	$	19,721	$	—	$	—
Construction and land development		16,212		—		—
Commercial		—		1,553		—
Enterprise value		—		—		22,729
Total	$	35,933	$	1,553	$	22,729
December 31, 2023
Commercial real estate	$	19,693	$	—	$	—
Commercial		—		1,652		—
Enterprise value		—		1,991		—
Digital asset (1)		—		12,289		—
Total	$	19,693	$	15,932	$	—

Financing Receivable, Modified [Table Text Block]

(Dollars in thousands)	Other-Than-Insignificant Payment Delay		Term Extension		Combination Term Extension and Interest Rate Reduction		Total Class of Financing Receivable $		Total Class of Financing Receivable %
September 30, 2024
Commercial real estate	$	—	$	1,434	$	18,229	$	19,663		3.58	%
Enterprise value		24,716		—		—		24,716		7.10
Total	$	24,716	$	1,434	$	18,229	$	44,379		3.15	%

	Weighted-Average Other-Than-Insignificant Payment Delay		Weighted-Average Term Extension		Weighted-Average Term Extension and Interest Rate Reduction
	Months		Months		Months		Percentage points
September 30, 2024
Commercial real estate		—		64.00		130.00		0.50	%
Enterprise value		4.58		—		—		—

(Dollars in thousands)	Other-Than-Insignificant Payment Delay		Term Extension		Combination Term Extension and Other-Than-Insignificant Payment Delay		Combination Term Extension and Interest Rate Reduction		Combination Term Extension, Other-Than-Insignificant Payment Delay, and Interest Rate Reduction		Total Class of Financing Receivable $		Total Class of Financing Receivable %
September 30, 2024
Commercial real estate	$	312	$	—	$	1,434	$	—	$	18,229	$	19,975		3.64	%
Commercial		1,450		—		—		—		—		1,450		0.85
Enterprise value		28,654		964		—		—		—		29,618		8.51
Total	$	30,416	$	964	$	1,434	$	—	$	18,229	$	51,043		3.62	%
September 30, 2023
Commercial	$	—	$	—	$	—	$	20	$	—	$	20		0.01	%
Enterprise value		20,950		—		—		—		—		20,950		4.84
Digital asset		—		15,247		—		—		—		15,247		100.00
Total	$	20,950	$	15,247	$	—	$	20	$	—	$	36,217		2.71	%

	Weighted-Average Other-Than-Insignificant Payment Delay		Weighted-Average Term Extension		Weighted-Average Term Extension and Other-Than-Insignificant Payment Delay				Weighted-Average Term Extension and Interest Rate Reduction					Weighted-Average Term Extension, Other-Than-Insignificant Payment Delay, and Interest Rate Reduction
	Months		Months		Months		Months		Months		Percentage Points			Months		Months		Percentage Points
September 30, 2024
Commercial real estate		3.00		—		64.00		9.00		—		—	%		139.00		9.00		0.50	%
Commercial		3.00		—		—		—		—		—			—		—		—
Enterprise value		6.95		3.00		—		—		—		—			—		—		—
September 30, 2023
Commercial		—		—		—		—		4.00		3.25	%		—		—		—	%
Enterprise value		5.31		—		—		—		—		—			—		—		—
Digital asset		—		3.00		—		—		—		—			—		—		—

Financing Receivable Credit Quality Indicators [Table Text Block]

	Term Loans at Amortized Cost by Origination Year
(In thousands)	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost		Revolving Loans Converted to Term Loans		Total
Commercial real estate
Pass	$	69,576	$	35,113	$	75,255	$	119,593	$	24,084	$	173,472	$	19,080	$	143	$	516,316
Special mention		—		—		—		—		—		9,102		—		—		9,102
Substandard		—		—		—		—		1,024		22,587		—		—		23,611
Total commercial real estate		69,576		35,113		75,255		119,593		25,108		205,161		19,080		143		549,029
Commercial real estate
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Construction and land development
Pass		5,074		5,074		10,080		496		—		1,319		3,146		—		25,189
Substandard		—		—		16,212		—		—		—		—		—		16,212
Total construction and land development		5,074		5,074		26,292		496		—		1,319		3,146		—		41,401
Construction and land development
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Residential real estate
Pass		—		—		—		—		4		3,786		2,296		92		6,178
Substandard		—		—		—		—		—		273		66		—		339
Total residential real estate		—		—		—		—		4		4,059		2,362		92		6,517
Residential real estate
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Mortgage warehouse
Pass		—		—		—		—		—		—		292,866		—		292,866
Total mortgage warehouse		—		—		—		—		—		—		292,866		—		292,866
Mortgage warehouse
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Commercial
Pass		4,769		5,305		23,450		52,767		9,285		35,671		32,365		317		163,929
Special mention		—		—		—		—		—		1,161		2,196		—		3,357
Substandard		—		—		—		—		—		3,003		225		—		3,228
Total commercial		4,769		5,305		23,450		52,767		9,285		39,835		34,786		317		170,514
Commercial
Current period gross write-offs		—		—		—		96		—		5		—		—		101
Enterprise Value
Pass		29,732		76,519		64,819		74,111		33,055		13,442		8,981		—		300,659
Special mention		—		—		2,608		5,614		2,006		2,443		515		—		13,186
Substandard		—		—		13,220		5,309		5,040		1,273		8,520		964		34,326
Total enterprise value		29,732		76,519		80,647		85,034		40,101		17,158		18,016		964		348,171
Enterprise value
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Digital asset
Current period gross write-offs		—		—		2,124		—		—		—		—		—		2,124
Consumer
Not formally rated		—		—		—		—		—		39		55		—		94
Total consumer		—		—		—		—		—		39		55		—		94
Consumer
Current period gross write-offs		29		—		—		—		—		8		—		—		37
Total loans	$	109,151	$	122,011	$	205,644	$	257,890	$	74,498	$	267,571	$	370,311	$	1,516	$	1,408,592
Total current period gross write-offs	$	29	$	—	$	2,124	$	96	$	—	$	13	$	—	$	—	$	2,262

(In thousands)	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost		Revolving Loans Converted to Term Loans		Total
Commercial real estate
Pass	$	35,966	$	50,608	$	107,593	$	30,236	$	59,578	$	132,219	$	19,617	$	—	$	435,817
Special mention		—		—		—		—		2,898		3,373		—		—		6,271
Substandard		—		—		—		1,048		4,436		21,356		—		—		26,840
Total commercial real estate		35,966		50,608		107,593		31,284		66,912		156,948		19,617		—		468,928
Commercial real estate
Current period gross write-offs		—		—		1		—		—		—		—		—		1
Construction and land development
Pass		3,701		54,925		17,015		—		—		1,429		781		—		77,851
Total construction and land development		3,701		54,925		17,015		—		—		1,429		781		—		77,851
Construction and land development
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Residential real estate
Pass		—		—		—		5		179		3,183		2,579		871		6,817
Substandard		—		—		—		—		—		284		68		—		352
Total residential real estate		—		—		—		5		179		3,467		2,647		871		7,169
Residential real estate
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Mortgage warehouse
Pass		—		—		—		—		—		—		166,567		—		166,567
Total mortgage warehouse		—		—		—		—		—		—		166,567		—		166,567
Mortgage warehouse
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Commercial
Pass		6,398		14,000		48,922		13,233		16,491		22,483		37,920		28		159,475
Special mention		—		—		—		—		—		9,932		2,674		—		12,606
Substandard		—		—		205		—		1,815		1,798		225		—		4,043
Total commercial		6,398		14,000		49,127		13,233		18,306		34,213		40,819		28		176,124
Commercial
Current period gross write-offs		—		—		—		—		102		67		—		—		169
Enterprise Value
Pass		85,412		97,942		119,126		48,427		23,186		3,346		16,026		—		393,465
Special mention		—		11,768		4,838		2,424		753		3,001		1,619		—		24,403
Substandard		1,991		790		1,464		1,870		1,595		—		8,055		—		15,765
Total enterprise value		87,403		110,500		125,428		52,721		25,534		6,347		25,700		—		433,633
Enterprise value
Current period gross write-offs		—		3,561		—		2		—		1,225		—		—		4,788
Digital asset
Substandard		—		12,289		—		—		—		—		—		—		12,289
Total digital asset		—		12,289		—		—		—		—		—		—		12,289
Digital asset
Current period gross write-offs		—		—		—		—		—		—		—		—		—
Consumer
Not formally rated		—		—		—		—		—		121		45		2		168
Total consumer		—		—		—		—		—		121		45		2		168
Consumer
Current period gross write-offs		30		—		—		—		—		15		—		—		45
Total loans	$	133,468	$	242,322	$	299,163	$	97,243	$	110,931	$	202,525	$	256,176	$	901	$	1,342,729
Total current period gross write-offs	$	30	$	3,561	$	1	$	2	$	102	$	1,307	$	—	$	—	$	5,003