Note 6 - Allowance for Credit Losses

6 Months Ended

Jun. 30, 2026

Notes to Financial Statements

Allowance for Credit Losses [Text Block]

Note 6. Allowance for Credit Losses

The following tables present the changes in the allowance for credit losses, by loan segment, during the periods indicated:

		*Three Months Ended June 30, 2026*
						*Consumer Real*				*Consumer and*				*Total*
(Amounts in thousands)		*Commercial*				*Estate*				*Other*				*Allowance*
Total allowance
Balance at beginning of quarter:
Allowance for credit losses - loans		$	17,898			$	11,879			$	3,766			$	33,543
Allowance for credit losses - loan commitments			249				151				33				433
Total allowance for credit losses beginning of quarter			18,147				12,030				3,799				33,976
Provision for credit losses:
Provision for (recovery of) credit losses - loans			170				(196	)			437				411
Provision for credit losses - loan commitments			38				33				1				72
Total provision for (recovery of) credit losses - loans and loan commitments			208				(163	)			438				483
Charge-offs			(708	)			(111	)			(985	)			(1,804	)
Recoveries			106				80				318				504
Net charge-offs			(602	)			(31	)			(667	)			(1,300	)
Allowance for credit losses - loans			17,466				11,652				3,536				32,654
Allowance for credit losses - loan commitments			287				184				34				505
Ending balance		$	17,753			$	11,836			$	3,570			$	33,159

		*Three Months Ended June 30, 2025*
						*Consumer Real*				*Consumer and*				*Total*
(Amounts in thousands)		*Commercial*				*Estate*				*Other*				*Allowance*
Total allowance
Balance at beginning of quarter:
Allowance for credit losses - loans		$	19,908			$	9,720			$	4,156				33,784
Allowance for credit losses - loan commitments			154				132				26				312
Total allowance for credit losses beginning of quarter			20,062				9,852				4,182				34,096
Provision for credit losses:
(Recovery of) provision for credit losses - loans			(1,104	)			59				753				(292	)
Provision for (recovery of) credit losses - loan commitments			9				(2	)			-				7
Total (recovery of) provision for credit losses - loans and loan commitments			(1,095	)			57				753				(285	)
Charge-offs			(161	)			(22	)			(1,326	)			(1,509	)
Recoveries			604				50				383				1,037
Net recoveries (charge-offs)			443				28				(943	)			(472	)
Allowance for credit losses - loans			19,247				9,807				3,966				33,020
Allowance for credit losses - loan commitments			163				130				26				319
Ending balance		$	19,410			$	9,937			$	3,992			$	33,339

		*Six Months Ended June 30, 2026*
						*Consumer Real*				*Consumer and*				*Total*
(Amounts in thousands)		*Commercial*				*Estate*				*Other*				*Allowance*
Total allowance
Balance at beginning of year:
Allowance for credit losses - loans		$	16,114			$	10,886			$	3,761			$	30,761
Allowance for credit losses - loan commitments			186				137				32				355
Total allowance for credit losses beginning of year			16,300				11,023				3,793				31,116
Allowance recorded on acquired loans - Hometown			2,152				880				181				3,213
Provision for credit losses:
(Recovery of) provision for credit losses - loans			(302	)			(90	)			1,103				711
Provision for credit losses - loan commitments			101				47				2				150
Total (recovery of) provision for credit losses - loans and loan commitments			(201	)			(43	)			1,105				861
Charge-offs			(786	)			(195	)			(2,202	)			(3,183	)
Recoveries			288				171				693				1,152
Net charge-offs			(498	)			(24	)			(1,509	)			(2,031	)
Allowance for credit losses - loans			17,466				11,652				3,536				32,654
Allowance for credit losses - loan commitments			287				184				34				505
Ending balance		$	17,753			$	11,836			$	3,570			$	33,159

		*Six Months Ended June 30, 2025*
						*Consumer Real*				*Consumer and*				*Total*
(Amounts in thousands)		*Commercial*				*Estate*				*Other*				*Allowance*
Total allowance
Balance at beginning of year:
Allowance for credit losses - loans		$	20,418			$	9,907			$	4,500			$	34,825
Allowance for credit losses - loan commitments			171				138				32				341
Total allowance for credit losses beginning of year			20,589				10,045				4,532				35,166
Provision for credit losses:
(Recovery of) provision for credit losses - loans			(1,162	)			(248	)			1,468			$	58
(Recovery of) provision for credit losses - loan commitments			(8	)			(8	)			(6	)			(22	)
Total (recovery of) provision for credit losses - loans and loan commitments			(1,170	)			(256	)			1,462				36
Charge-offs			(695	)			(29	)			(2,783	)			(3,507	)
Recoveries			686				177				781				1,644
Net (charge-offs) recoveries			(9	)			148				(2,002	)			(1,863	)
Allowance for credit losses - loans			19,247				9,807				3,966				33,020
Allowance for credit losses - loan commitments			163				130				26				319
Ending balance		$	19,410			$	9,937			$	3,992			$	33,339