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

3 Months Ended

Mar. 31, 2021

Notes Tables

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

	(In Thousands)
	March 31, 2021			December 31, 2020
Mortgage loans on real estate:
Residential 1-4 family	$	527,092		$	535,994
Multifamily		93,318			111,646
Commercial		865,388			837,766
Construction and land development		513,931			488,626
Farmland		12,377			15,429
Second mortgages		8,164			8,433
Equity lines of credit		76,633			78,889
Total mortgage loans on real estate		2,096,903			2,076,783
Commercial loans		170,712			172,811
Agricultural loans		1,019			1,206
Consumer installment loans
Personal		62,403			66,193
Credit cards		4,321			4,324
Total consumer installment loans		66,724			70,517
Other loans		9,147			9,283
Total loans before net deferred loan fees		2,344,505			2,330,600
Net deferred loan fees		(10,176	)		(9,295	)
Total loans		2,334,329			2,321,305
Less: Allowance for loan losses		(39,330	)		(38,539	)
Net loans	$	2,294,999		$	2,282,766

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, 2021
Allowance for loan losses:
Beginning balance	$	8,098			1,541			16,802		7,936			154			105			997			1,378			1,528			38,539
Provision		(197	)		(207	)		756		526			(30	)		(3	)		(27	)		(80	)		89			827
Charge-offs		—			—			—		(1	)		—			—			—			(3	)		(224	)		(228	)
Recoveries		38			—			—		15			—			—			—			—			139			192
Ending balance	$	7,939			1,334			17,558		8,476			124			102			970			1,295			1,532			39,330
Ending balance individually evaluated for impairment	$	558			—			141		—			—			—			—			—			—			699
Ending balance collectively evaluated for impairment	$	7,381			1,334			17,417		8,476			124			102			970			1,295			1,532			38,631
Loans:
Ending balance	$	527,092			93,318			865,388		513,931			12,377			8,164			76,633			170,712			76,890			2,344,505
Ending balance individually evaluated for impairment	$	2,314			—			962		—			—			—			—			—			—			3,276
Ending balance collectively evaluated for impairment	$	524,778			93,318			864,426		513,931			12,377			8,164			76,633			170,712			76,890			2,341,229

	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

Impaired Financing Receivables [Table Text Block]

	In Thousands
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
March 31, 2021
With no related allowance recorded:
Residential 1-4 family	$	1,101		1,427		—		1,132		2
Multifamily		—		—		—		—		—
Commercial real estate		311		311		—		311		—
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	1,412		1,738		—		1,443		2
With related allowance recorded:
Residential 1-4 family	$	1,217		1,214		558		1,230		15
Multifamily		—		—		—		—		—
Commercial real estate		654		651		141		658		8
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	1,871		1,865		699		1,888		23
Total
Residential 1-4 family	$	2,318		2,641		558		2,362		17
Multifamily		—		—		—		—		—
Commercial real estate		965		962		141		969		8
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	3,283		3,603		699		3,331		25

	In Thousands
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
December 31, 2020
With no related allowance recorded:
Residential 1-4 family	$	1,162		1,507		—		395		26
Multifamily		—		—		—		—		—
Commercial real estate		311		311		—		311		—
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	1,473		1,818		—		706		26
With related allowance recorded:
Residential 1-4 family	$	1,242		1,240		594		1,273		66
Multifamily		—		—		—		—		—
Commercial real estate		662		659		148		676		22
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	1,904		1,899		742		1,949		88
Total:
Residential 1-4 family	$	2,404		2,747		594		1,668		92
Multifamily		—		—		—		—		—
Commercial real estate		973		970		148		987		22
Construction		—		—		—		—		—
Farmland		—		—		—		—		—
Second mortgages		—		—		—		—		—
Equity lines of credit		—		—		—		—		—
Commercial		—		—		—		—		—
Agricultural, installment and other		—		—		—		—		—
	$	3,377		3,717		742		2,655		114

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	March 31, 2021		December 31, 2020
	(In thousands)
Performing TDRs	$	2,182	$	2,147
Nonperforming TDRs		449		529
Total TDRS	$	2,631	$	2,676

	March 31, 2021						March 31, 2020
	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, 2021
Credit Risk Profile by Internally Assigned Rating
Pass	$	520,890		93,318		864,802		513,383		12,257		7,886		76,612		170,684		76,696		2,336,528
Special Mention		2,207		—		—		548		76		166		11		—		127		3,135
Substandard		3,995		—		586		—		44		112		10		28		67		4,842
Doubtful		—		—		—		—		—		—		—		—		—		—
Total	$	527,092		93,318		865,388		513,931		12,377		8,164		76,633		170,712		76,890		2,344,505
December 31, 2020
Credit Risk Profile by Internally Assigned Rating
Pass	$	529,546		111,646		837,028		488,571		15,301		8,148		78,565		172,779		80,770		2,322,354
Special Mention		2,745		—		149		27		79		169		314		—		156		3,639
Substandard		3,703		—		589		28		49		116		10		32		80		4,607
Doubtful		—		—		—		—		—		—		—		—		—		—
Total	$	535,994		111,646		837,766		488,626		15,429		8,433		78,889		172,811		81,006		2,330,600