Note 2 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

	(In Thousands)
	March 31, 2020			December 31, 2019
Mortgage loans on real estate:
Residential 1-4 family	$	519,775		$	511,250
Multifamily		151,929			97,104
Commercial		841,521			793,379
Construction and land development		388,769			425,185
Farmland		18,610			19,268
Second mortgages		11,254			10,760
Equity lines of credit		74,908			72,379
Total mortgage loans on real estate		2,006,766			1,929,325
Commercial loans		95,547			98,265
Agricultural loans		1,487			1,569
Consumer installment loans
Personal		51,961			50,532
Credit cards		3,999			4,302
Total consumer installment loans		55,960			54,834
Other loans		9,927			9,049
Total loans before net deferred loan fees		2,169,687			2,093,042
Net deferred loan fees		(7,675	)		(7,141	)
Total loans		2,162,012			2,085,901
Less: Allowance for loan losses		(30,281	)		(28,726	)
Net loans	$	2,131,731		$	2,057,175

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

	(In Thousands)
	Residential 1-4 Family		Multifamily		Commercial Real Estate		Construction			Farmland			Second Mortgages		Equity Lines of Credit			Commercial			Agricultural, Installment and Other			Total
March 31, 2020
Allowance for loan losses:
Beginning balance	$	7,144		1,117		11,114		5,997			187			123		889			1,044			1,111			28,726
Provision		198		524		1,330		(816	)		(10	)		4		(44	)		(46	)		329			1,469
Charge-offs		—		—		—		—			—			—		—			—			(355	)		(355	)
Recoveries		9		—		300		19			—			—		—			—			113			441
Ending balance	$	7,351		1,641		12,744		5,200			177			127		845			998			1,198			30,281
Ending balance individually evaluated for impairment	$	715		—		220		—			—			—		—			—			—			935
Ending balance collectively evaluated for impairment	$	6,636		1,641		12,524		5,200			177			127		845			998			1,198			29,346
Loans:
Ending balance	$	519,775		151,929		841,521		388,769			18,610			11,254		74,908			95,547			67,374			2,169,687
Ending balance individually evaluated for impairment	$	1,429		—		999		—			—			—		—			—			—			2,428
Ending balance collectively evaluated for impairment	$	518,346		151,929		840,522		388,769			18,610			11,254		74,908			95,547			67,374			2,167,259

	Residential 1-4 Family			Multifamily			Commercial Real Estate			Construction			Farmland			Second Mortgages		Equity Lines of Credit		Commercial			Agricultural, Installment and Other			Total
December 31, 2019
Allowance for loan losses:
Beginning balance	$	6,297			1,481			9,753			7,084			221			118		731		622			867			27,174
Provision		838			(364	)		1,484			(1,510	)		(34	)		5		158		422			1,041			2,040
Charge-offs		(15	)		—			(173	)		—			—			—		—		(15	)		(1,160	)		(1,363	)
Recoveries		24			—			50			423			—			—		—		15			363			875
Ending balance	$	7,144			1,117			11,114			5,997			187			123		889		1,044			1,111			28,726
Ending balance individually evaluated for impairment	$	795			—			341			—			—			—		—		—			—			1,136
Ending balance collectively evaluated for impairment	$	6,349			1,117			10,773			5,997			187			123		889		1,044			1,111			27,590
Loans:
Ending balance	$	511,250			97,104			793,379			425,185			19,268			10,760		72,379		98,265			65,452			2,093,042
Ending balance individually evaluated for impairment	$	2,569			—			2,471			—			—			—		—		—			—			5,040
Ending balance collectively evaluated for impairment	$	508,681			97,104			790,908			425,185			19,268			10,760		72,379		98,265			65,452			2,088,002

	Residential 1-4 Family		Multifamily		Commercial Real Estate		Construction			Farmland			Second Mortgages		Equity Lines of Credit			Commercial		Agricultural, Installment and Other			Total
March 31, 2019
Allowance for loan losses:
Beginning balance	$	6,297		1,481		9,753		7,084			221			118		731			622		867			27,174
Provision		261		19		510		(259	)		(5	)		3		(4	)		163		345			1,033
Charge-offs		—		—		—		—			—			—		—			—		(296	)		(296	)
Recoveries		7		—		—		267			—			—		—			—		95			369
Ending balance	$	6,565		1,500		10,263		7,092			216			121		727			785		1,011			28,280
Ending balance individually evaluated for impairment	$	845		—		142		—			—			—		—			—		—			987
Ending balance collectively evaluated for impairment	$	5,720		1,500		10,121		7,092			216			121		727			785		1,011			27,293
Loans:
Ending balance	$	458,304		136,385		727,394		495,061			23,438			11,465		61,656			77,921		66,377			2,058,001
Ending balance individually evaluated for impairment	$	2,802		—		1,826		—			—			—		—			—		—			4,628
Ending balance collectively evaluated for impairment	$	455,502		136,385		725,568		495,061			23,438			11,465		61,656			77,921		66,377			2,053,373

Impaired Financing Receivables [Table Text Block]

	In Thousands
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
March 31, 2020
With no related allowance recorded:
Residential 1-4 family	$	140		139		—		615		2
Multifamily		—		—		—		—		—
Commercial real estate		311		311		—		631		—
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	451	$	450		—	$	1,246	$	2
With related allowance recorded:
Residential 1-4 family	$	1,292		1,290		715		1,391		17
Multifamily		—		—		—		—		—
Commercial real estate		690		688		220		1,106		8
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	1,982	$	1,978	$	935	$	2,497	$	25
Total
Residential 1-4 family	$	1,432		1,429		715		2,006		19
Multifamily		—		—		—		—		—
Commercial real estate		1,001		999		220		1,737		8
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	2,433	$	2,428	$	935	$	3,743	$	27

	In Thousands
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
December 31, 2019
With no related allowance recorded:
Residential 1-4 family	$	1,090		1,464		—		1,090		99
Multifamily		—		—		—		—		—
Commercial real estate		951		1,124		—		910		17
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	2,041		2,588		—		2,000		116
With related allowance recorded:
Residential 1-4 family	$	1,489		1,480		795		1,590		83
Multifamily		—		—		—		—		—
Commercial real estate		1,522		1,520		341		2,015		17
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	3,011		3,000		1,136		3,605		100
Total:
Residential 1-4 family	$	2,579		2,944		795		2,680		182
Multifamily		—		—		—		—		—
Commercial real estate		2,473		2,644		341		2,925		34
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	5,052		5,588		1,136		5,605		216

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	March 31, 2020		December 31, 2019
	(In thousands)
Performing TDRs	$	2,061	$	3,080
Nonperforming TDRs		811		1,467
Total TDRS	$	2,872	$	4,547

	March 31, 2020						March 31, 2019
	Number of Contracts		Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment, Net of Related Allowance		Number of Contracts		Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment, Net of Related Allowance
Residential 1-4 family		—	$	—	$	—		—	$	—	$	—
Multifamily		—		—		—		—		—		—
Commercial real estate		1		111		132		—		—		—
Construction		—		—		—		—		—		—
Farmland		—		—		—		—		—		—
Second mortgages		—		—		—		—		—		—
Equity lines of credit		—		—		—		—		—		—
Commercial		—		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—		—
Total		1	$	111	$	132		—	$	—	$	—

Financing Receivable Credit Quality Indicators [Table Text Block]

	(In Thousands)
	Residential 1-4 Family		Multifamily		Commercial Real Estate		Construction		Farmland		Second Mortgages		Equity Lines of  Credit		Commercial		Agricultural, installment and other		Total
March 31, 2020
Credit Risk Profile by Internally Assigned Rating
Pass	$	511,772		151,929		840,914		388,674		18,453		10,857		74,754		95,525		67,185		2,160,063
Special Mention		5,096		—		—		63		102		273		10		—		78		5,622
Substandard		2,907		—		607		32		55		124		144		22		111		4,002
Doubtful		—		—		—		—		—		—		—		—		—		—
Total	$	519,775		151,929		841,521		388,769		18,610		11,254		74,908		95,547		67,374		2,169,687
December 31, 2019
Credit Risk Profile by Internally Assigned Rating
Pass	$	503,861		97,104		791,610		424,517		19,106		10,458		72,237		98,243		65,255		2,082,391
Special Mention		2,923		—		—		635		103		174		—		—		101		3,936
Substandard		4,466		—		1,769		33		59		128		142		22		96		6,715
Doubtful		—		—		—		—		—		—		—		—		—		—
Total	$	511,250		97,104		793,379		425,185		19,268		10,760		72,379		98,265		65,452		2,093,042