Note 10 - Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2026

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		*Estimated*				*Quoted Prices in Active Markets for Identical Assets*				*Significant Other Observable Inputs*				*Significant Unobservable Inputs*
		*Fair Value*				*(Level 1)*				*(Level 2)*				*(Level 3)*
June 30, 2026
Assets:
Obligations of the U.S. Treasury and U.S. government agencies and corporations		$	35,418			$	—			$	35,418			$	—
Obligations of state and political subdivisions			17,306				—				14,697				2,609
Corporate bonds			24,188				—				24,188				—
Residential mortgage-backed securities			261,848				—				261,848				—
Commercial mortgage-backed securities			72,566				—				72,566				—
Equity securities at fair value			4,111				4,111				—				—
Interest rate swaps - gross assets			11,528				—				11,528				—
Total assets		$	426,965			$	4,111			$	420,245			$	2,609
Liabilities:
Interest rate swaps - gross liabilities		$	11,528			$	—			$	11,528			$	—

December 31, 2025
Assets:
Obligations of the U.S. Treasury and U.S. government agencies and corporations		$	18,751			$	—			$	18,751			$	—
Obligations of state and political subdivisions			16,282				—				12,678				3,604
Corporate bonds			24,682				—				24,682				—
Residential mortgage-backed securities			247,379				—				247,379				—
Commercial mortgage-backed securities			63,520				—				63,520				—
Equity securities at fair value			3,354				3,354				—				—
Interest rate swaps - gross assets			11,660				—				11,660				—
Total assets		$	385,628			$	3,354			$	378,670			$	3,604
Liabilities:
Interest rate swaps - gross liabilities		$	11,660			$	—			$	11,660			$	—

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

		*Obligations of State and Political Subdivisions*
Balance at December 31, 2025		$	3,604
Unrealized gain included in other comprehensive loss			34
Maturities, prepayments, and calls			(1,029	)
Balance at June 30, 2026		$	2,609

		*Obligations of State and Political Subdivisions*				*Corporate Bonds*
Balance at December 31, 2024		$	4,317			$	494
Unrealized gain included in other comprehensive income			68				6
Maturities, prepayments, and calls			(917	)			(500	)
Balance at June 30, 2025		$	3,468			$	—

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Estimated Fair Value

Valuation Technique

Unobservable Inputs

Range of Discounts

Weighted Average Discount⁽¹⁾

June 30, 2026

Obligations of state and political subdivisions

$

2,609

Option-adjusted discounted cash flow model; present value of expected future cash flow model

Bond appraisal adjustment⁽²⁾

0% - 7%

1%

December 31, 2025

Obligations of state and political subdivisions

$

3,604

Option-adjusted discounted cash flow model; present value of expected future cash flow model

Bond appraisal adjustment⁽²⁾

0% - 6%

2%

		*Estimated Fair Value*				*Valuation Technique*		*Unobservable Inputs*		*Range of Discounts*		Weighted Average Discount⁽¹⁾
June 30, 2026
Loans individually evaluated for impairment⁽²⁾		$	3,011			Discounted cash flows; underlying collateral value		Collateral discounts and estimated costs to sell		2% - 100%		5%
Other real estate owned⁽³⁾			700			Underlying collateral value, third party appraisals		Collateral discounts and discount rates		10%		10%

December 31, 2025
Loans individually evaluated for impairment⁽²⁾		$	3,312			Discounted cash flows; underlying collateral value		Collateral discounts and estimated costs to sell		1% - 100%		9%
Other real estate owned⁽³⁾			1,959			Underlying collateral value, third party appraisals		Collateral discounts and discount rates		13% - 14%		13%

Fair Value, by Balance Sheet Grouping [Table Text Block]

		*June 30, 2026*
		*Carrying Amount*				*Estimated Fair Value*				*Level 1*				*Level 2*				*Level 3*
Financial assets:
Cash and cash equivalents		$	72,303			$	72,303			$	72,303			$	—			$	—
Investment securities - AFS			411,326				411,326				—				408,717				2,609
Investment securities - HTM			47,217				49,450				—				1,634				47,816
Equity securities at fair value			4,111				4,111				4,111				—				—
Nonmarketable equity securities			23,759				23,759				—				23,759				—
Loans, net of allowance			3,023,636				3,002,686				—				—				3,002,686
Interest rate swaps - gross assets			11,528				11,528				—				11,528				—

Financial liabilities:
Deposits			3,213,886				3,211,288				—				3,211,288				—
FHLB short-term advances and repurchase agreements			54,575				54,573				—				54,573				—
FHLB long-term advances			100,000				99,669				—				99,669				—
Junior subordinated debt			22,994				22,991				—				—				22,991
Subordinated debt			16,759				15,648				—				15,648				—
Interest rate swaps - gross liabilities			11,528				11,528				—				11,528				—

		*December 31, 2025*
		*Carrying Amount*				*Estimated Fair Value*				*Level 1*				*Level 2*				*Level 3*
Financial assets:
Cash and cash equivalents		$	41,505			$	41,505			$	41,505			$	—			$	—
Investment securities - AFS			370,614				370,614				—				367,010				3,604
Investment securities - HTM			48,199				50,540				—				1,694				48,846
Equity securities at fair value			3,354				3,354				3,354				—				—
Nonmarketable equity securities			17,021				17,021				—				17,021				—
Loans, net of allowance			2,149,624				2,080,142				—				—				2,080,142
Interest rate swaps - gross assets			11,660				11,660				—				11,660				—

Financial liabilities:
Deposits			2,350,249				2,349,856				—				2,349,856				—
FHLB short-term advances and repurchase agreements			47,183				47,193				—				47,193				—
FHLB long-term advances			80,000				80,079				—				80,079				—
Junior subordinated debt			8,830				8,830				—				—				8,830
Subordinated debt			16,738				15,252				—				15,252				—
Interest rate swaps - gross liabilities			11,660				11,660				—				11,660				—

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details