v3.26.1
Note 3 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
      

Fair Value Measurements at December 31, 2025 Using:

 
                  

Total Fair

 
  

Carrying Value

  

Level 1

  

Level 2

  

Level 3

  

Value

 

Financial assets:

                    

Loans, net

  1,495,834,000   -   -   1,494,830,000   1,494,830,000 

Financial liabilities:

                    

Time deposits

  210,729,000   -   209,147,000   -   209,147,000 

Repurchase agreements

  97,855,000   -   97,855,000   -   97,855,000 

Borrowings

  21,013,000   -   20,599,000   -   20,599,000 
      

Fair Value Measurements at December 31, 2024 Using:

 
                  

Total Fair

 
  

Carrying Value

  

Level 1

  

Level 2

  

Level 3

  

Value

 

Financial assets:

                    

Loans, net

  1,005,375,000   -   -   981,114,000   981,114,000 

Financial liabilities:

                    

Time deposits

  94,189,000   -   94,161,000   -   94,161,000 

Repurchase agreements

  22,073,000   -   22,073,000   -   22,073,000 

Borrowings

  15,000,000   -   13,967,000   -   13,967,000 
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
      

Fair Value Measurements at

 
      

December 31, 2025 Using

 
      

Quoted

         
      

Prices in

         
      

Active

  

Significant

     
      

Markets for

  

Other

  

Significant

 
      

Identical

  

Observable

  

Unobservable

 
  

Total Fair

  

Assets

  

Inputs

  

Inputs

 
  

Value

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

Assets:

                

U.S. Government-sponsored agencies collateralized by mortgage obligations-residential

 $253,165,000  $-  $253,165,000  $- 

U.S. Government agencies collateralized by mortgage obligations-commercial

  134,764,000   -   134,764,000   - 

Obligations of states and political subdivisions

  88,666,000   -   88,666,000   - 
  $476,595,000  $-  $476,595,000  $- 
      

Fair Value Measurements at

 
      

December 31, 2024 Using

 
      

Quoted

         
      

Prices in

         
      

Active

  

Significant

     
      

Markets for

  

Other

  

Significant

 
      

Identical

  

Observable

  

Unobservable

 
  

Total Fair

  

Assets

  

Inputs

  

Inputs

 
  

Value

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

Assets:

                

U.S. Government-sponsored agencies collateralized by mortgage obligations-residential

 $228,391,000  $-  $228,391,000  $- 

U.S. Government agencies collateralized by mortgage obligations-commercial

  121,870,000   -   121,870,000   - 

Obligations of states and political subdivisions

  87,474,000   -   87,474,000   - 
  $437,735,000  $-  $437,735,000  $- 
Fair Value Measurements, Nonrecurring [Table Text Block]
      

Fair Value Measurements at December 31, 2025 Using:

 
      

Quoted

             
      

Prices in

             
      

Active

  

Significant

         
      

Markets for

  

Other

  

Significant

     
      

Identical

  

Observable

  

Unobservable

     
  

Total

  

Assets

  

Inputs

  

Inputs

  

Total

 
  

Fair Value

  

(Level 1)

  

(Level 2)

  

(Level 3)

  

Losses

 

Assets:

                    

Collateral-dependent loans

                    

Commercial

 $84  $-  $-  $84  $39 

Agricultural

  1,904   -   -   1,904   1,448 

Total

 $1,988  $-  $-  $1,988  $1,487 
                     

Other Real Estate:

                    

RE – Residential

 $91  $-  $-  $91  $- 

Equity lines of credit

  135         135  $- 

Total

 $226  $-  $-  $226  $- 
      

Fair Value Measurements at December 31, 2024 Using:

 
      

Quoted

             
      

Prices in

             
      

Active

  

Significant

         
      

Markets for

  

Other

  

Significant

     
      

Identical

  

Observable

  

Unobservable

     
  

Total

  

Assets

  

Inputs

  

Inputs

  

Total

 
  

Fair Value

  

(Level 1)

  

(Level 2)

  

(Level 3)

  

Losses

 

Assets:

                    

Collateral-dependent loans

                    

Commercial

 $24  $-  $-  $24  $1 
                     

Other Real Estate:

                    

RE – Residential

 $91  $-  $-  $91  $50 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
            

Range

  

Range

 
  

Fair Value

  

Fair Value

 

Valuation

  

(Weighted Average)

  

(Weighted Average)

 

Description

 

12/31/2025

  

12/31/2024

 

Technique

Significant Unobservable Input

 

12/31/2025

  

12/31/2024

 

Collateral-dependent loans:

                  

Commercial

 $84  $24 

Third Party appraisals

Management Adjustments to Reflect Current Conditions and Selling Costs

  14% - 100% (45%)   45%

Agricultural

  1,904   - 

Third Party appraisals

Management Adjustments to Reflect Current Conditions and Selling Costs

  2% - 100% (43%)     

Total

 $1,988  $24           
                   

Other Real Estate:

                  

RE – Residential

 $91  $91 

Third Party appraisals

Management Adjustments to Reflect Current Conditions and Selling Costs

  60%  60%

Equity lines of credit

  135   - 

Third Party appraisals

Management Adjustments to Reflect Current Conditions and Selling Costs

  10%    

Total

 $226  $91