Note 4 - Loans (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

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

(in thousands)		June 30, 2025				December 31, 2024
Commercial real estate:
Construction & land		$	31,090			$	17,812
Multi-family			86,933				87,768
Owner occupied			222,252				229,961
Non-owner occupied			524,978				528,769
Farmland			92,227				95,348
Commercial and industrial			79,422				83,572
Consumer			33,079				33,969
Agriculture			39,875				29,336
Total loans			1,109,856				1,106,535

Less:
Deferred loan fees and costs, net			(1,877	)			(1,561	)
Allowance for credit losses			(11,430	)			(11,460	)
Net loans		$	1,096,549			$	1,093,514

Financing Receivable, Past Due [Table Text Block]

June 30, 2025		30-59 Days Past Due				60-89 Days Past Due				90 Days or More Past Due				Total Past Due				Current				Total				90 Days or More Past Due and Still Accruing
Commercial real estate:
Construction & land		$	0			$	0			$	0			$	0			$	31,090			$	31,090			$	0
Multi-family			0				0				0				0				86,933				86,933				0
Owner occupied			0				0				0				0				222,252				222,252				0
Non-owner occupied			0				0				0				0				524,978				524,978				0
Farmland			0				0				0				0				92,227				92,227				0
Commercial and industrial			0				0				0				0				79,422				79,422				0
Consumer			0				0				0				0				33,079				33,079				0
Agriculture			0				0				0				0				39,875				39,875				0
Total		$	0			$	0			$	0			$	0			$	1,109,856			$	1,109,856			$	0

December 31, 2024		30-59 Days Past Due				60-89 Days Past Due				90 Days or More Past Due				Total Past Due				Current				Total				90 Days or More Past Due and Still Accruing
Commercial real estate:
Construction & land		$	0			$	0			$	0			$	0			$	17,812			$	17,812			$	0
Multi-family			0				0				0				0				87,768				87,768				0
Owner occupied			0				0				0				0				229,961				229,961				0
Non-owner occupied			0				0				0				0				528,769				528,769				0
Farmland			0				0				0				0				95,348				95,348				0
Commercial and industrial			0				0				0				0				83,572				83,572				0
Consumer			0				0				0				0				33,969				33,969				0
Agriculture			0				0				0				0				29,336				29,336				0
Total		$	0			$	0			$	0			$	0			$	1,106,535			$	1,106,535			$	0

Financing Receivable Credit Quality Indicators [Table Text Block]

		As of June 30, 2025
(in thousands)		Term Loans Amortized Cost Basis by Origination Year
Risk Grade Ratings		2025				2024				2023				2022				2021				Prior				Revolving Loans				Total
Commercial real estate - construction & land
Pass		$	11,123			$	12,251			$	3,828			$	1,662			$	1,217			$	1,009			$	0			$	31,090
Total commercial real estate - construction & land			11,123				12,251				3,828				1,662				1,217				1,009				0				31,090

Commercial real estate - multi-family
Pass			0				28,161				4,655				13,700				7,625				32,792				0				86,933
Total commercial real estate - multi-family			0				28,161				4,655				13,700				7,625				32,792				0				86,933

Commercial real estate - owner occupied
Pass			8,900				28,528				9,572				44,898				43,745				77,030				250				212,923
Special mention			0				0				0				0				7,248				272				0				7,520
Substandard			0				0				0				0				0				1,809				0				1,809
Total commercial real estate - owner occupied			8,900				28,528				9,572				44,898				50,993				79,111				250				222,252

Commercial real estate - non-owner occupied
Pass			28,047				39,656				92,364				88,508				68,272				200,459				1,065				518,371
Special mention			0				0				0				0				0				6,607				0				6,607
Total commercial real estate - non-owner occupied			28,047				39,656				92,364				88,508				68,272				207,066				1,065				524,978

Commercial real estate - Farmland
Pass			851				7,845				12,730				9,883				16,362				37,060				0				84,731
Special mention			0				0				0				0				0				7,496				0				7,496
Total commercial real estate - farmland			851				7,845				12,730				9,883				16,362				44,556				0				92,227

Commercial and Industrial
Pass			1,706				25,664				9,912				8,444				5,677				5,801				22,093				79,297
Substandard			0				0				0				95				0				30				0				125
Total commercial and industrial			1,706				25,664				9,912				8,539				5,677				5,831				22,093				79,422

Consumer
Pass			1,117				4,086				972				4,986				2,628				10,044				9,207				33,040
Substandard			1				0				0				0				0				38				0				39
Total consumer			1,118				4,086				972				4,986				2,628				10,082				9,207				33,079

Agriculture
Pass			0				260				1,676				801				1,122				338				30,469				34,666
Special mention			0				0				1,701				0				0				0				3,508				5,209
Total agriculture			0				260				3,377				801				1,122				338				33,977				39,875

Total by Risk Category
Pass			51,744				146,451				135,709				172,882				146,648				364,533				63,084				1,081,051
Special mention			0				0				1,701				0				7,248				14,375				3,508				26,832
Substandard			1				0				0				95				0				1,877				0				1,973
Total		$	51,745			$	146,451			$	137,410			$	172,977			$	153,896			$	380,785			$	66,592			$	1,109,856

		As of December 31, 2024
(in thousands)		Term Loans Amortized Cost Basis by Origination Year
Risk Grade Ratings		2024				2023				2022				2021				2020				Prior				Revolving Loans				Total
Commercial real estate - construction & land
Pass		$	8,228			$	3,828			$	3,287			$	923			$	0			$	1,546			$	0			$	17,812
Total commercial real estate - construction & land			8,228				3,828				3,287				923				0				1,546				0				17,812

Commercial real estate - multi-family
Pass			28,222				4,706				13,827				7,682				3,352				29,979				0				87,768
Total commercial real estate - multi-family			28,222				4,706				13,827				7,682				3,352				29,979				0				87,768

Commercial real estate - owner occupied
Pass			28,828				9,762				48,427				46,107				23,390				63,747				198				220,459
Special mention			0				0				0				7,398				0				278				0				7,676
Substandard			0				0				0				0				0				1,826				0				1,826
Total commercial real estate - owner occupied			28,828				9,762				48,427				53,505				23,390				65,851				198				229,961

Commercial real estate - non-owner occupied
Pass			39,520				103,156				90,702				78,029				38,928				170,059				1,670				522,064
Special mention			0				0				0				0				0				6,705				0				6,705
Total commercial real estate - non-owner occupied			39,520				103,156				90,702				78,029				38,928				176,764				1,670				528,769

Commercial real estate - Farmland
Pass			7,853				12,925				10,050				16,706				12,165				27,888				0				87,587
Special mention			0				0				0				0				2,301				5,460				0				7,761
Total commercial real estate - farmland			7,853				12,925				10,050				16,706				14,466				33,348				0				95,348

Commercial and Industrial
Pass			25,781				11,200				9,055				6,779				3,032				4,221				23,343				83,411
Substandard			0				0				111				0				0				50				0				161
Total commercial and industrial			25,781				11,200				9,166				6,779				3,032				4,271				23,343				83,572

Consumer
Pass			4,190				1,050				4,782				3,516				2,088				8,723				9,576				33,925
Substandard			3				0				0				0				0				41				0				44
Total consumer			4,193				1,050				4,782				3,516				2,088				8,764				9,576				33,969

Agriculture
Pass			28				1,859				1,009				1,271				0				467				17,936				22,570
Special mention			0				1,570				0				0				0				0				5,196				6,766
Total agriculture			28				3,429				1,009				1,271				0				467				23,132				29,336

Total by Risk Category
Pass			142,650				148,486				181,139				161,013				82,955				306,630				52,723				1,075,596
Special mention			0				1,570				0				7,398				2,301				12,443				5,196				28,908
Substandard			3				0				111				0				0				1,917				0				2,031
Total		$	142,653			$	150,056			$	181,250			$	168,411			$	85,256			$	320,990			$	57,919			$	1,106,535

		Three-Months Ended June 30, 2025
(in thousands)		Term Loans Charged-off by Origination Year
Charge-offs		2025				2024				2023				2022				2021				Prior				Revolving Loans				Total
Commercial real estate:
Construction & land		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Multi-family			0				0				0				0				0				0				0				0
Owner occupied			0				0				0				0				0				0				0				0
Non-owner occupied			0				0				0				0				0				0				0				0
Farmland			0				0				0				0				0				0				0				0
Commercial and industrial			0				0				0				0				0				0				0				0
Consumer			0				0				0				0				0				0				20				20
Agriculture			0				0				0				0				0				0				0				0
Total		$	0			$	0			$	0			$	0			$	0			$	0			$	20			$	20

		Six-Months Ended June 30, 2025
(in thousands)		Term Loans Charged-off by Origination Year
Charge-offs		2025				2024				2023				2022				2021				Prior				Revolving Loans				Total
Commercial real estate:
Construction & land		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Multi-family			0				0				0				0				0				0				0				0
Owner occupied			0				0				0				0				0				0				0				0
Non-owner occupied			0				0				0				0				0				0				0				0
Farmland			0				0				0				0				0				0				0				0
Commercial and industrial			0				0				0				0				0				0				0				0
Consumer			0				0				0				0				0				0				36				36
Agriculture			0				0				0				0				0				0				0				0
Total		$	0			$	0			$	0			$	0			$	0			$	0			$	36			$	36

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

Allowance for Credit Losses
For the Three and Six Month Ended June 30, 2025 and 2024

(in thousands)
Three Months Ended June 30, 2025		CRE Construction & Land				CRE Multi- family				CRE Owner occupied				CRE Non-owner occupied				CRE Farmland				Commercial and Industrial				Consumer				Agriculture				Total
Beginning balance		$	387			$	731			$	1,507			$	6,332			$	1,614			$	608			$	169			$	100			$	11,448
Charge-offs			0				0				0				0				0				0				(20	)			0				(20	)
Recoveries			0				0				0				0				0				0				2				0				2
Provision for (reversal of) credit losses			246				(32	)			(111	)			(87	)			(68	)			(9	)			21				40				0
Ending balance		$	633			$	699			$	1,396			$	6,245			$	1,546			$	599			$	172			$	140			$	11,430

Six Months Ended June 30, 2025
Beginning balance		$	258			$	737			$	1,503			$	6,401			$	1,665			$	645			$	175			$	76			$	11,460
Charge-offs			0				0				0				0				0				0				(36	)			0				(36	)
Recoveries			0				0				0				0				0				0				6				0				6
Provision for (reversal of) credit losses			375				(38	)			(107	)			(156	)			(119	)			(46	)			27				64				0
Ending balance		$	633			$	699			$	1,396			$	6,245			$	1,546			$	599			$	172			$	140			$	11,430

Three Months Ended June 30, 2024
Beginning balance		$	1,059			$	634			$	1,809			$	4,620			$	1,462			$	1,022			$	235			$	81			$	10,922
Charge-offs			0				0				0				0				0				0				(10	)			0				(10	)
Recoveries			206				0				0				0				0				0				3				0				209
(Reversal of) provision for credit losses			(356	)			32				47				144				(53	)			155				11				20				0
Ending balance		$	909			$	666			$	1,856			$	4,764			$	1,409			$	1,177			$	239			$	101			$	11,121

Six Months Ended June 30, 2024
Beginning balance		$	1,227			$	667			$	1,805			$	4,805			$	1,468			$	650			$	227			$	47			$	10,896
Charge-offs			0				0				0				0				0				0				(25	)			0				(25	)
Recoveries			242				0				0				0				0				0				8				0				250
(Reversal of) provision for credit losses			(560	)			(1	)			51				(41	)			(59	)			527				29				54				0
Ending balance		$	909			$	666			$	1,856			$	4,764			$	1,409			$	1,177			$	239			$	101			$	11,121

(in thousands)
June 30, 2025		CRE Construction & Land				CRE Multi- family				CRE Owner occupied				CRE Non- owner occupied				CRE Farmland				Commercial and Industrial				Consumer				Agriculture				Total
Allowance for credit losses for loans:
Individually evaluated for impairment		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Collectively evaluated for impairment			633				699				1,396				6,245				1,546				599				172				140				11,430
		$	633			$	699			$	1,396			$	6,245			$	1,546			$	599			$	172			$	140			$	11,430

Ending gross loan balances:
Individually evaluated for impairment		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Collectively evaluated for impairment			31,090				86,933				222,252				524,978				92,227				79,422				33,079				39,875				1,109,856
		$	31,090			$	86,933			$	222,252			$	524,978			$	92,227			$	79,422			$	33,079			$	39,875			$	1,109,856

December 31, 2024
Allowance for credit losses for loans:
Individually evaluated for impairment		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Collectively evaluated for impairment			258				737				1,503				6,401				1,665				645				175				76				11,460
		$	258			$	737			$	1,503			$	6,401			$	1,665			$	645			$	175			$	76			$	11,460

Ending gross loan balances:
Individually evaluated for impairment		$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0			$	0
Collectively evaluated for impairment			17,812				87,768				229,961				528,769				95,348				83,572				33,969				29,336				1,106,535
		$	17,812			$	87,768			$	229,961			$	528,769			$	95,348			$	83,572			$	33,969			$	29,336			$	1,106,535

Change in Allowance for Loan Losses [Table Text Block]

		Three-Months Ended								Six-Months Ended
		June 30,								June 30,
(in thousands)		2025				2024				2025				2024
Balance, beginning of period		$	620			$	531			$	346			$	609
Provision to (reversal of) Operations for Off Balance Sheet Commitments			245				0				519				(78	)
Balance, end of period		$	865			$	531			$	865			$	531