Note 1 - Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Accounting Standards Update and Change in Accounting Principle [Table Text Block]

	As previously reported		Impact of PCD Loans		Impact of CECL			As reported
Assets:	Incurred Loss		Gross-up		Adoption			Under CECL
Allowance for credit losses -loans	December 31, 2022		January 1, 2023		January 1, 2023			January 1, 2023
Commercial	$	2,874	$	-	$	883		$	3,757
Commercial real estate:
Construction and land development		1,796		14		258			2,068
Commercial real estate - owner occupied		3,785		110		968			4,863
Commercial real estate - non-owner occupied		7,184		30		2,039			9,253
Residential:									-
Residential real estate		3,077		41		612			3,730
Home equity		790		3		187			980
Consumer		49		7		40			96
Total loans, net of deferred fees and costs	$	19,555	$	205	$	4,987		$	24,747
Deferred Tax Asset	$	5,315	$	—	$	1,164		$	6,479
Liabilities:
Allowance for unfunded commitments	$	377	$	—	$	305		$	682
Equity:
Retained earnings	$	223,664	$	—	$	(4,221	)	$	219,443