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Note 15 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
   
 
 
 
 
Fair Value Measurements at December 31, 2018 Using
Description
 
Balance as of
December 31,
2018
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
U.S. Government agencies and corporations
 
$
300,047
   
$
---
   
$
300,047
   
$
---
 
States and political subdivisions
 
 
118,616
   
 
---
   
 
118,616
   
 
---
 
Mortgage-backed securities
 
 
628
   
 
---
   
 
628
   
 
---
 
Corporate debt securities
 
 
5,719
   
 
---
   
 
5,719
   
 
---
 
Total securities available for sale
 
$
425,010
   
$
---
   
$
425,010
   
$
---
 
   
 
 
 
 
Fair Value Measurements at December 31, 2017 Using
Description
 
Balance as of
December 31,
2017
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
U.S. Government agencies and corporations
  $
307,719
    $
---
    $
307,719
    $
---
 
States and political subdivisions
   
16,834
     
---
     
16,834
     
---
 
Mortgage-backed securities
   
659
     
---
     
659
     
---
 
Corporate debt securities
   
6,175
     
---
     
6,175
     
---
 
Total securities available for sale
  $
331,387
    $
---
    $
331,387
    $
---
 
Fair Value Measurements, Nonrecurring [Table Text Block]
     
 
 
 
 
Carrying value
Date
Description
 
Balance
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Assets:
   
 
     
 
     
 
     
 
 
December 31, 2018
Impaired loans net of valuation allowance
 
$
1,014
   
$
---
   
$
---
   
$
1,014
 
December 31, 2017
Impaired loans net of valuation allowance
   
1,303
     
---
     
---
     
1,303
 
     
 
 
 
 
Carrying Value
Date
Description
 
Balance
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Assets:
   
 
     
 
     
 
     
 
 
December 31, 2018
Other real estate owned net of valuation allowance
 
$
2,052
   
$
---
   
$
---
   
$
2,052
 
December 31, 2017
Other real estate owned net of valuation allowance
   
2,817
     
---
     
---
     
2,817
 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Impaired Loans
Valuation Technique
Unobservable Input
 
Range
(Weighted Average)
December 31, 2018
Present value of cash flows
Discount rate
 
 5.50%
-
7.25%
(6.05%)
December 31, 2017
Present value of cash flows
Discount rate
 
 5.50%
-
13.25%
(5.92%)
 
Valuation Technique
Unobservable Input
 
Range
(Weighted Average)
               
Other real estate owned
Discounted appraised value
Selling cost
 
 0.00%
(1)
6.00%
(0.12%)
Other real estate owned
Discounted appraised value
Discount for lack of marketability and age of appraisal
 
 0.00%
-
50.05%
(1.45%)
 
Valuation Technique
Unobservable Input
 
Range
(Weighted Average)
               
Other real estate owned
Discounted appraised value
Selling cost
 
 2.00%
(1)
6.01% 
(4.72%)
Other real estate owned
Discounted appraised value
Discount for lack of marketability and age of appraisal
 
 1.68%
-
68.33%
(11.07%)
Fair Value, by Balance Sheet Grouping [Table Text Block]
   
December 31, 2018
   
 
 
 
 
Estimated Fair Value
   
Carrying
Amount
 
Level 1
 
Level 2
 
Level 3
Financial assets:
                               
Cash and due from banks
 
$
12,882
   
$
12,882
   
$
---
   
$
---
 
Interest-bearing deposits
 
 
43,491
   
 
43,491
   
 
---
   
 
---
 
Securities
 
 
425,010
   
 
---
   
 
425,010
   
 
---
 
Restricted securities
 
 
1,220
   
 
---
   
 
1,220
   
 
---
 
Mortgage loans held for sale
 
 
72
   
 
---
   
 
72
   
 
---
 
Loans, net
 
 
702,409
   
 
---
   
 
---
   
 
684,565
 
Accrued interest receivable
 
 
5,160
   
 
---
   
 
5,160
   
 
---
 
Bank-owned life insurance
 
 
34,657
   
 
---
   
 
34,657
   
 
---
 
Financial liabilities:
                               
Deposits
 
$
1,051,942
   
$
---
   
$
950,143
   
$
101,749
 
Accrued interest payable
 
 
89
   
 
---
   
 
89
   
 
---
 
   
December 31, 2017
   
 
 
 
 
Estimated Fair Value
   
Carrying
Amount
 
Level
 
Level 2
 
Level 3
Financial assets:
                               
Cash and due from banks
  $
12,926
    $
12,926
    $
---
    $
---
 
Interest-bearing deposits
   
51,233
     
51,233
     
---
     
---
 
Securities
   
458,551
     
---
     
461,500
     
---
 
Restricted securities
   
1,200
     
---
     
1,200
     
---
 
Mortgage loans held for sale
   
260
     
---
     
260
     
---
 
Loans, net
   
660,144
     
---
     
---
     
656,399
 
Accrued interest receivable
   
5,297
     
---
     
5,297
     
---
 
Bank-owned life insurance
   
33,756
     
---
     
33,756
     
---
 
Financial liabilities:
                               
Deposits
  $
1,059,734
    $
---
    $
944,850
    $
113,053
 
Accrued interest payable
   
62
     
---
     
62
     
---