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Note 5 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

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

	March 31 , 201 9
	Bank		ALC		Total
	(Dollars in Thousands)
Real estate loans:
Construction, land development and other land loans	$	27,065	$	—	$	27,065
Secured by 1-4 family residential properties		99,933		7,058		106,991
Secured by multi-family residential properties		27,602		—		27,602
Secured by non-farm, non-residential properties		157,023		—		157,023
Other		949		—		949
Commercial and industrial loans (1)		87,865		—		87,865
Consumer loans:
Consumer		6,484		29,808		36,292
Branch retail		—		27,066		27,066
Indirect sales		—		42,280		42,280
Total loans		406,921		106,212		513,133
Less: Unearned interest, fees and deferred cost		352		5,097		5,449
Allowance for loan losses		2,711		2,213		4,924
Net loans	$	403,858	$	98,902	$	502,760

	December 31 , 201 8
	Bank		ALC		Total
	(Dollars in Thousands)
Real estate loans:
Construction, land development and other land loans	$	41,340	$	—	$	41,340
Secured by 1-4 family residential properties		102,971		7,785		110,756
Secured by multi-family residential properties		23,009		—		23,009
Secured by non-farm, non-residential properties		156,162		—		156,162
Other		1,308		—		1,308
Commercial and industrial loans (1)		85,779		—		85,779
Consumer loans:
Consumer		6,927		31,656		38,583
Branch retail		—		28,324		28,324
Indirect sales		—		40,609		40,609
Total loans		417,496		108,374		525,870
Less: Unearned interest, fees and deferred cost		331		5,617		5,948
Allowance for loan losses		2,735		2,320		5,055
Net loans	$	414,430	$	100,437	$	514,867

Loans and Leases and Allowance for Loan Losses, Acquired Loans [Table Text Block]

	March 31, 2019			December 31, 2018
	(Dollars in Thousands)
Real estate loans:
Construction, land development and other land loans	$	75		$	75
Secured by 1-4 family residential properties		254			492
Outstanding balance		329			567
Fair value adjustment		(69	)		(70	)
Carrying amount, net of fair value adjustment	$	260		$	497

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

	Bank
	Three Months Ended March 31, 2019
	Construction, Land			1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential			Other		Commercial		Consumer			Branch Retail		Indirect Sales		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	240		$	322		$	128	$	831		$	1	$	1,138	$	75		$	—	$	—	$	2,735
Charge-offs		—			(34	)		—		—			—		—		(15	)		—		—		(49	)
Recoveries		—			6			—		—			—		1		18			—		—		25
Provision		(59	)		61			32		(58	)		—		44		(20	)		—		—		—
Ending balance	$	181		$	355		$	160	$	773		$	1	$	1,183	$	58		$	—	$	—	$	2,711

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	98		$	16		$	—	$	—		$	—	$	66	$	16		$	—	$	—	$	196
Collectively evaluated for impairment		83			339			160		773			1		1,117		42			—		—		2,515
Loans acquired with deteriorated credit quality		—			—			—		—			—		—		—			—		—		—
Total allowance for loan losses	$	181		$	355		$	160	$	773		$	1	$	1,183	$	58		$	—	$	—	$	2,711
Ending balance of loans receivable:
Individually evaluated for impairment	$	421		$	713		$	—	$	510		$	—	$	66	$	38		$	—	$	—	$	1,748
Collectively evaluated for impairment		26,571			99,033			27,602		156,513			949		87,799		6,446			—		—		404,913
Loans acquired with deteriorated credit quality		73			187			—		—			—		—		—			—		—		260
Total loans receivable	$	27,065		$	99,933		$	27,602	$	157,023		$	949	$	87,865	$	6,484		$	—	$	—	$	406,921

	ALC
	Three Months Ended March 31, 2019
	Construction, Land		1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential		Other		Commercial		Consumer			Branch Retail			Indirect Sales			Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	—	$	24		$	—	$	—	$	—	$	—	$	1,724		$	427		$	145		$	2,320
Charge-offs		—		(19	)		—		—		—		—		(521	)		(98	)		(52	)		(690	)
Recoveries		—		3			—		—		—		—		155			25			—			183
Provision		—		18			—		—		—		—		252			55			75			400
Ending balance	$	—	$	26		$	—	$	—	$	—	$	—	$	1,610		$	409		$	168		$	2,213

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	—	$	—		$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	—
Collectively evaluated for impairment		—		26			—		—		—		—		1,610			409			168			2,213
Total allowance for loan losses	$	—	$	26		$	—	$	—	$	—	$	—	$	1,610		$	409		$	168		$	2,213
Ending balance of loans receivable:
Individually evaluated for impairment	$	—	$	206		$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	206
Collectively evaluated for impairment		—		6,852			—		—		—		—		29,808			27,066			42,280			106,006
Total loans receivable	$	—	$	7,058		$	—	$	—	$	—	$	—	$	29,808		$	27,066		$	42,280		$	106,212

	Bank and ALC
	Three Months Ended March 31, 2019
	Construction, Land			1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential			Other		Commercial		Consumer			Branch Retail			Indirect Sales			Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	240		$	346		$	128	$	831		$	1	$	1,138	$	1,799		$	427		$	145		$	5,055
Charge-offs		—			(53	)		—		—			—		—		(536	)		(98	)		(52	)		(739	)
Recoveries		—			9			—		—			—		1		173			25			—			208
Provision		(59	)		79			32		(58	)		—		44		232			55			75			400
Ending balance	$	181		$	381		$	160	$	773		$	1	$	1,183	$	1,668		$	409		$	168		$	4,924

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	98		$	16		$	—	$	—		$	—	$	66	$	16		$	—		$	—		$	196
Collectively evaluated for impairment		83			365			160		773			1		1,117		1,652			409			168			4,728
Loans acquired with deteriorated credit quality		—			—			—		—			—		—		—			—			—			—
Total allowance for loan losses	$	181		$	381		$	160	$	773		$	1	$	1,183	$	1,668		$	409		$	168		$	4,924
Ending balance of loans receivable:
Individually evaluated for impairment	$	421		$	919		$	—	$	510		$	—	$	66	$	38		$	—		$	—		$	1,954
Collectively evaluated for impairment		26,571			105,885			27,602		156,513			949		87,799		36,254			27,066			42,280			510,919
Loans acquired with deteriorated credit quality		73			187			—		—			—		—		—			—			—			260
Total loans receivable	$	27,065		$	106,991		$	27,602	$	157,023		$	949	$	87,865	$	36,292		$	27,066		$	42,280		$	513,133

	Bank
	Year Ended December 31, 2018
	Construction, Land		1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential		Other			Commercial			Consumer			Branch Retail		Indirect Sales		Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	203	$	238		$	116	$	777	$	2		$	1,049		$	62		$	—	$	—	$	2,447
Charge-offs		—		(9	)		—		—		—			(3	)		(4	)		—		—		(16	)
Recoveries		—		51			—		4		—			11			23			—		—		89
Provision		37		42			12		50		(1	)		81			(6	)		—		—		215
Ending balance	$	240	$	322		$	128	$	831	$	1		$	1,138		$	75		$	—	$	—	$	2,735

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	28	$	50		$	—	$	1	$	—		$	67		$	20		$	—	$	—	$	166
Collectively evaluated for impairment		212		272			128		830		1			1,071			55			—		—		2,569
Loans acquired with deteriorated credit quality		—		—			—		—		—			—			—			—		—		—
Total allowance for loan losses	$	240	$	322		$	128	$	831	$	1		$	1,138		$	75		$	—	$	—	$	2,735
Ending balance of loans receivable:
Individually evaluated for impairment	$	153	$	57		$	—	$	511	$	—		$	67		$	43		$	—	$	—	$	831
Collectively evaluated for impairment		41,114		102,490			23,009		155,651		1,308			85,712			6,884			—		—		416,168
Loans acquired with deteriorated credit quality		73		424			—		—		—			—			—			—		—		497
Total loans receivable	$	41,340	$	102,971		$	23,009	$	156,162	$	1,308		$	85,779		$	6,927		$	—	$	—	$	417,496

	ALC
	Year Ended December 31, 2018
	Construction, Land		1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential		Other		Commercial		Consumer			Branch Retail			Indirect Sales			Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	—	$	52		$	—	$	—	$	—	$	—	$	1,653		$	393		$	229		$	2,327
Charge-offs		—		(92	)		—		—		—		—		(2,478	)		(415	)		(116	)		(3,101	)
Recoveries		—		23			—		—		—		—		545			113			6			687
Provision		—		41			—		—		—		—		2,004			336			26			2,407
Ending balance	$	—	$	24		$	—	$	—	$	—	$	—	$	1,724		$	427		$	145		$	2,320

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	—	$	—		$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	—
Collectively evaluated for impairment		—		24			—		—		—		—		1,724			427			145			2,320
Total allowance for loan losses	$	—	$	24		$	—	$	—	$	—	$	—	$	1,724		$	427		$	145		$	2,320
Ending balance of loans receivable:
Individually evaluated for impairment	$	—	$	211		$	—	$	—	$	—	$	—	$	—		$	—		$	—		$	211
Collectively evaluated for impairment		—		7,574			—		—		—		—		31,656			28,324			40,609			108,163
Total loans receivable	$	—	$	7,785		$	—	$	—	$	—	$	—	$	31,656		$	28,324		$	40,609		$	108,374

	Bank and ALC
	Year Ended December 31, 2018
	Construction, Land		1-4 Family			Real Estate Multi-Family		Non- Farm N on-Residential		Other			Commercial			Consumer			Branch Retail			Indirect Sales			Total
	(Dollars in Thousands)
Allowance for loan losses:
Beginning balance	$	203	$	290		$	116	$	777	$	2		$	1,049		$	1,715		$	393		$	229		$	4,774
Charge-offs		—		(101	)		—		—		—			(3	)		(2,482	)		(415	)		(116	)		(3,117	)
Recoveries		—		74			—		4		—			11			568			113			6			776
Provision		37		83			12		50		(1	)		81			1,998			336			26			2,622
Ending balance	$	240	$	346		$	128	$	831	$	1		$	1,138		$	1,799		$	427		$	145		$	5,055

Ending balance of allowance attributable to loans:
Individually evaluated for impairment	$	28	$	50		$	—	$	1	$	—		$	67		$	20		$	—		$	—		$	166
Collectively evaluated for impairment		212		296			128		830		1			1,071			1,779			427			145			4,889
Loans acquired with deteriorated credit quality		—		—			—		—		—			—			—			—			—			—
Total allowance for loan losses	$	240	$	346		$	128	$	831	$	1		$	1,138		$	1,799		$	427		$	145		$	5,055
Ending balance of loans receivable:
Individually evaluated for impairment	$	153	$	268		$	—	$	511	$	—		$	67		$	43		$	—		$	—		$	1,042
Collectively evaluated for impairment		41,114		110,064			23,009		155,651		1,308			85,712			38,540			28,324			40,609			524,331
Loans acquired with deteriorated credit quality		73		424			—		—		—			—			—			—			—			497
Total loans receivable	$	41,340	$	110,756		$	23,009	$	156,162	$	1,308		$	85,779		$	38,583		$	28,324		$	40,609		$	525,870

Financing Receivable Credit Quality Indicators [Table Text Block]

	Bank
	Pass 1-5		Special Mention 6		Substandard 7		Total
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	26,506	$	336	$	223	$	27,065
Secured by 1-4 family residential properties		97,820		154		1,959		99,933
Secured by multi-family residential properties		27,602		—		—		27,602
Secured by non-farm, non-residential properties		154,011		1,957		1,055		157,023
Other		949		—		—		949
Commercial and industrial loans		85,766		1,947		152		87,865
Consumer loans		6,416		—		68		6,484
Total	$	399,070	$	4,394	$	3,457	$	406,921

	ALC
	Performing		Nonperforming		Total
	(Dollars in Thousands)
Loans secured by real estate:
Secured by 1-4 family residential properties	$	6,954	$	104	$	7,058
Consumer loans:
Consumer		29,114		694		29,808
Branch retail		26,939		127		27,066
Indirect sales		42,090		190		42,280
Total	$	105,097	$	1,115	$	106,212

	Bank
	Pass 1-5		Special Mention 6		Substandard 7		Total
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	40,200	$	914	$	226	$	41,340
Secured by 1-4 family residential properties		100,485		154		2,332		102,971
Secured by multi-family residential properties		23,009		—		—		23,009
Secured by non-farm, non-residential properties		153,077		1,996		1,089		156,162
Other		1,308		—		—		1,308
Commercial and industrial loans		83,261		1,977		541		85,779
Consumer loans		6,848		—		79		6,927
Total	$	408,188	$	5,041	$	4,267	$	417,496

	ALC
	Performing		Nonperforming		Total
	(Dollars in Thousands)
Loans secured by real estate:
Secured by 1-4 family residential properties	$	7,657	$	128	$	7,785
Consumer loans:
Consumer		30,826		830		31,656
Branch retail		28,171		153		28,324
Indirect sales		40,491		118		40,609
Total	$	107,145	$	1,229	$	108,374

Financing Receivable, Past Due [Table Text Block]

	Bank
	As of March 31 , 2019
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	170	$	—	$	73	$	243	$	26,822	$	27,065	$	—
Secured by 1-4 family residential properties		403		—		41		444		99,489		99,933		—
Secured by multi-family residential properties		—		—		—		—		27,602		27,602		—
Secured by non-farm, non-residential properties		471		—		—		471		156,552		157,023		—
Other		—		—		—		—		949		949		—
Commercial and industrial loans		77		23		—		100		87,765		87,865		—
Consumer loans		34		—		19		53		6,431		6,484		—
Total	$	1,155	$	23	$	133	$	1,311	$	405,610	$	406,921	$	—

	ALC
	As of March 31 , 2019
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Secured by 1-4 family residential properties		58		1		104		163		6,895		7,058		—
Secured by multi-family residential properties		—		—		—		—		—		—		—
Secured by non-farm, non-residential properties		—		—		—		—		—		—		—
Other		—		—		—		—		—		—		—
Commercial and industrial loans		—		—		—		—		—		—		—
Consumer loans:
Consumer		416		257		694		1,367		28,441		29,808		—
Branch retail		126		127		127		380		26,686		27,066
Indirect sales		337		34		190		561		41,719		42,280		—
Total	$	937	$	419	$	1,115	$	2,471	$	103,741	$	106,212	$	—

	Bank
	As of December 31, 201 8
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	415	$	582	$	74	$	1,071	$	40,269	$	41,340	$	—
Secured by 1-4 family residential properties		991		36		539		1,566		101,405		102,971		—
Secured by multi-family residential properties		—		—		—		—		23,009		23,009		—
Secured by non-farm, non-residential properties		458		13		—		471		155,691		156,162		—
Other		—		—		—		—		1,308		1,308		—
Commercial and industrial loans		2,608		30		384		3,022		82,757		85,779		—
Consumer loans		80		—		4		84		6,843		6,927		—
Total	$	4,552	$	661	$	1,001	$	6,214	$	411,282	$	417,496	$	—

	ALC
	As of December 31, 201 8
	30-59 Days Past Due		60-89 Days Past Due		90 Days Or Greater Past Due		Total Past Due		Current		Total Loans		Recorded Investment > 90 Days And Accruing
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Secured by 1-4 family residential properties		60		65		128		253		7,532		7,785		—
Secured by multi-family residential properties		—		—		—		—		—		—		—
Secured by non-farm, non-residential properties		—		—		—		—		—		—		—
Other		—		—		—		—		—		—		—
Commercial and industrial loans		—		—		—		—		—		—		—
Consumer loans:
Consumer		563		354		830		1,747		29,909		31,656		—
Branch retail		164		98		153		415		27,909		28,324
Indirect sales		184		79		118		381		40,228		40,609		—
Total	$	971	$	596	$	1,229	$	2,796	$	105,578	$	108,374	$	—

Financing Receivable, Nonaccrual [Table Text Block]

	Loans on Non-Accrual Status
	March 31 , 2019		December 31, 201 8
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans	$	73	$	73
Secured by 1-4 family residential properties		693		1,097
Secured by multi-family residential properties		—		—
Secured by non-farm, non-residential properties		11		14
Commercial and industrial loans		37		424
Consumer loans:
Consumer		733		879
Branch retail		127		153
Indirect sales		190		119
Total loans	$	1,864	$	2,759

Impaired Financing Receivables [Table Text Block]

	March 31 , 201 9
	Carrying Amount		Unpaid Principal Balance		Related Allowances
Impaired loans with no related allowance recorded	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	73	$	73	$	—
Secured by 1-4 family residential properties		1,083		1,083		—
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		510		510		—
Commercial and industrial		—		—		—
Consumer		—		—		—
Total loans with no related allowance recorded	$	1,666	$	1,666	$	—

Impaired loans with an allowance recorded
Loans secured by real estate
Construction, land development and other land loans	$	421	$	421	$	98
Secured by 1-4 family residential properties		23		23		16
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		—		—		—
Commercial and industrial		66		66		66
Consumer		38		38		16
Total loans with an allowance recorded	$	548	$	548	$	196

Total impaired loans
Loans secured by real estate
Construction, land development and other land loans	$	494	$	494	$	98
Secured by 1-4 family residential properties		1,106		1,106		16
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		510		510		—
Commercial and industrial		66		66		66
Consumer		38		38		16
Total impaired loans	$	2,214	$	2,214	$	196

	December 31, 2018
	Carrying Amount		Unpaid Principal Balance		Related Allowances
Impaired loans with no related allowance recorded	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	73	$	73	$	—
Secured by 1-4 family residential properties		635		635		—
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		—		—		—
Commercial and industrial		—		—		—
Consumer		—		—		—
Total loans with no related allowance recorded	$	708	$	708	$	—

Impaired loans with an allowance recorded
Loans secured by real estate
Construction, land development and other land loans	$	153	$	153	$	28
Secured by 1-4 family residential properties		57		57		50
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		511		511		1
Commercial and industrial		67		67		67
Consumer		43		43		20
Total loans with an allowance recorded	$	831	$	831	$	166

Total impaired loans
Loans secured by real estate
Construction, land development and other land loans	$	226	$	226	$	28
Secured by 1-4 family residential properties		692		692		50
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		511		511		1
Commercial and industrial		67		67		67
Consumer		43		43		20
Total impaired loans	$	1,539	$	1,539	$	166

	March 31 , 2019
	Average Recorded Investment		Interest Income Recognized		Interest Income Received
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	90	$	4	$	3
Secured by 1-4 family residential properties		765		14		10
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		734		9		7
Other		—		—		—
Commercial and industrial		66		2		2
Consumer		45		1		1
Total	$	1,700	$	30	$	23

	December 31, 2018
	Average Recorded Investment		Interest Income Recognized		Interest Income Received
	(Dollars in Thousands)
Loans secured by real estate
Construction, land development and other land loans	$	70	$	8	$	8
Secured by 1-4 family residential properties		794		16		16
Secured by multi-family residential properties		—		—		—
Secured by non-farm, non-residential properties		523		34		35
Other		1		—		—
Commercial and industrial		57		4		5
Consumer		15		3		3
Total	$	1,460	$	65	$	67

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	March 31 , 2019						December 31, 2018
	Number of Loans		Pre- Modification Outstanding Principal Balance		Post- Modification Principal Balance		Number of Loans		Pre- Modification Outstanding Principal Balance		Post- Modification Principal Balance
	(Dollars in Thousands)
Loans secured by real estate:
Construction, land development and other land loans		1	$	107	$	71		1	$	107	$	73
Secured by 1-4 family residential properties		3		318		74		3		318		118
Secured by non-farm, non-residential properties		—		—		—		1		53		34
Commercial loans		2		116		69		2		116		72
Total		6	$	541	$	214		7	$	594	$	297