Note 4 - Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

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

	June 30, 2024
	Construction and Land Development			Secured by 1-4 Family Residential			Other Real Estate		Commercial and Industrial			Consumer and Other Loans			Total
Allowance for credit losses:
Beginning Balance, December 31, 2023	$	312		$	3,159		$	4,698	$	3,706		$	99		$	11,974
Charge-offs		(4	)		(10	)		—		(756	)		(164	)		(934	)
Recoveries		—			5			1		16			67			89
Provision for (recovery of) credit losses on loans		39			(466	)		141		1,596			114			1,424
Ending Balance, June 30, 2024	$	347		$	2,688		$	4,840	$	4,562		$	116		$	12,553
Ending Balance:
Individually evaluated		—			—			—		3,750			—			3,750
Collectively evaluated		347			2,688			4,840		809			119			8,803
Loans:
Ending Balance	$	60,919		$	346,977		$	449,768	$	116,299		$	16,013		$	989,976
Individually evaluated		36			749			—		7,845			—			8,630
Collectively evaluated		60,883			346,228			449,768		108,454			16,013			981,346

	December 31, 2023
	Construction and Land Development			Secured by 1-4 Family Residential			Other Real Estate			Commercial and Industrial			Consumer and Other Loans			Total
Allowance for credit losses:
Beginning Balance, December 31, 2022	$	546		$	1,108		$	3,609		$	1,874		$	309		$	7,446
Adjustment to allowance for adoption of ASU 2016-13		(313	)		1,409			1,702			(387	)		(225	)		2,186
Charge-offs		—			(59	)		(34	)		(3,452	)		(448	)		(3,993	)
Recoveries		—			47			14			145			212			418
Provision for (recovery of) credit losses on loans		79			654			(593	)		5,526			251			5,917
Ending Balance, December 31, 2023	$	312		$	3,159		$	4,698		$	3,706		$	99		$	11,974
Ending Balance:
Individually evaluated for impairment		—			—			—			2,705			—			2,705
Collectively evaluated for impairment		312			3,159			4,698			1,001			99			9,269
Loans:
Ending Balance	$	52,680		$	344,369		$	447,272		$	113,074		$	12,035		$	969,430
Individually evaluated for impairment		38			495			—			6,230			—			6,763
Collectively evaluated for impairment		52,642			343,874			447,272			106,844			12,035			962,667

	June 30, 2023
	Construction and Land Development			Secured by 1-4 Family Residential		Other Real Estate			Commercial and Industrial			Consumer and Other Loans			Total
Allowance for credit losses:
Beginning Balance, December 31, 2022	$	546		$	1,108	$	3,609		$	1,874		$	309		$	7,446
Adjustment to allowance for adoption of ASU 2016-13		(313	)		1,409		1,702			(387	)		(225	)		2,186
Charge-offs		—			—		—			(877	)		(208	)		(1,085	)
Recoveries		1			9		13			144			99			266
Provision for (recovery of) credit losses on loans		68			77		(80	)		(137	)		117			45
Ending Balance, June 30, 2023	$	302		$	2,603	$	5,244		$	617		$	92		$	8,858
Ending Balance:
Individually evaluated for impairment		—			—		—			—			—			—
Collectively evaluated for impairment		302			2,603		5,244			617			92			8,858
Loans:
Ending Balance	$	49,282		$	337,601	$	421,970		$	112,803		$	8,538			930,194
Individually evaluated for impairment		40			567		70			—			—			677
Collectively evaluated for impairment		49,242			337,034		421,900			112,803			8,538			929,517

Financing Receivable, Nonaccrual [Table Text Block]

	June 30, 2024						December 31, 2023
	Nonaccrual Loans with No Allowance		Nonaccrual loans with an Allowance		Total Nonaccrual Loans		Nonaccrual Loans with No Allowance		Nonaccrual loans with an Allowance		Total Nonaccrual Loans
Real estate loans:
Construction and land development	$	36	$	—	$	36	$	38	$	—	$	38
Secured by 1-4 family residential		749		—		749		495		—		495
Other real estate loans		—		—		—		—		—		—
Commercial and industrial		—		7,845		7,845		—		6,230		6,230
Total	$	785	$	7,845	$	8,630	$	533	$	6,230	$	6,763

Financing Receivable, Collateral Dependent Loans [Table Text Block]

	June 30, 2024						December 31, 2023
(Dollars in thousands)	Real Estate Secured		Non-Real Estate Secured		Total Collateral-Dependent Loans		Real Estate Secured		Non-Real Estate Secured		Total Collateral-Dependent Loans
Real estate loans:
Construction and land development	$	36	$	—	$	36	$	38	$	—	$	38
Secured by 1-4 family residential		749		—		749		495		—		495
Other real estate loans		—		—		—		—		—		—
Commercial and industrial		—		—		—		—		—		—
Total	$	785	$	—	$	785	$	533	$	—	$	533