Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Mar. 31, 2023 | May 08, 2023 | |
Document Information [Line Items] | ||
Entity Central Index Key | 0001070296 | |
Entity Registrant Name | FIRST CAPITAL INC | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2023 | |
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Mar. 31, 2023 | |
Document Transition Report | false | |
Entity File Number | 0-25023 | |
Entity Incorporation, State or Country Code | IN | |
Entity Tax Identification Number | 35-2056949 | |
Entity Address, Address Line One | 220 Federal Drive NW | |
Entity Address, City or Town | Corydon | |
Entity Address, State or Province | IN | |
Entity Address, Postal Zip Code | 47112 | |
City Area Code | 812 | |
Local Phone Number | 738-2198 | |
Title of 12(b) Security | Common stock, par value $0.01 per share | |
Trading Symbol | FCAP | |
Security Exchange Name | NASDAQ | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 3,359,362 |
Consolidated Balance Sheets (Cu
Consolidated Balance Sheets (Currrent Period Unaudited) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
ASSETS | ||
Cash and due from banks | $ 22,452 | $ 25,231 |
Interest bearing deposits with banks | 1,263 | 3,820 |
Federal funds sold | 12,166 | 37,247 |
Total cash and cash equivalents | 35,881 | 66,298 |
Interest-bearing time deposits | 3,676 | 3,677 |
Securities available for sale, at fair value (amortized cost $507,922 and $507,466, respectively) | 470,090 | 460,819 |
Securities held to maturity, at amortized cost (fair value $5,296 and $5,311, respectively) | 7,000 | 7,000 |
Loans held for sale | 576 | 793 |
Loans, net of allowance for credit losses of $7,323 ($6,772 in 2022) | 565,576 | 557,958 |
Federal Home Loan Bank and other stock, at cost | 1,836 | 1,836 |
Premises and equipment | 14,582 | 14,668 |
Accrued interest receivable | 4,156 | 4,285 |
Cash value of life insurance | 8,944 | 8,899 |
Goodwill | 6,472 | 6,472 |
Core deposit intangible | 342 | 379 |
Other assets | 16,034 | 18,316 |
Total Assets | 1,135,165 | 1,151,400 |
LIABILITIES | ||
Noninterest-bearing | 253,467 | 254,842 |
Interest-bearing | 781,983 | 805,554 |
Total deposits | 1,035,450 | 1,060,396 |
Accrued interest payable | 218 | 123 |
Accrued expenses and other liabilities | 5,342 | 5,611 |
Total liabilities | 1,041,010 | 1,066,130 |
EQUITY | ||
Preferred stock of $.01 par value per shareAuthorized 1,000,000 shares; none issued; | 0 | 0 |
Common stock of $.01 par value per share Authorized 7,500,000 shares; issued 3,804,683 shares; outstanding 3,359,362 (3,371,362 in 2022) | 38 | 38 |
Additional paid-in capital | 41,636 | 41,636 |
Retained earnings-substantially restricted | 90,845 | 88,465 |
Unearned stock compensation | (465) | (549) |
Accumulated other comprehensive loss | (28,996) | (35,741) |
Less treasury stock, at cost - 445,321 shares (433,321 in 2022) | (9,018) | (8,691) |
Total First Capital, Inc. stockholders' equity | 94,040 | 85,158 |
Noncontrolling interest in subsidiary | 115 | 112 |
Total equity | 94,155 | 85,270 |
Total Liabilities and Equity | $ 1,135,165 | $ 1,151,400 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Currrent Period Unaudited) (Parentheticals) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Available for sale, amortized cost | $ 507,922 | $ 507,466 |
held to maturity, fair value | 5,296 | 5,311 |
Allowance for Credit Loss, loans | $ 7,323 | $ 6,772 |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Preferred stock, shares authorized (in shares) | 1,000,000 | 1,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Common stock, shares authorized (in shares) | 7,500,000 | 7,500,000 |
Common stock, shares issued (in shares) | 3,804,683 | 3,804,683 |
Common stock, shares outstanding (in shares) | 3,359,362 | 3,371,362 |
Treasury Shares (in shares) | 445,321 | 433,321 |
Consolidated Statements of Inco
Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Loans, including fees | $ 7,638 | $ 5,493 |
Securities: | ||
Taxable | 1,301 | 887 |
Tax-exempt | 865 | 741 |
Dividends | 11 | 5 |
Other interest income | 372 | 79 |
Total interest income | 10,187 | 7,205 |
INTEREST EXPENSE | ||
Deposits | 996 | 253 |
Total interest expense | 996 | 253 |
Net interest income | 9,191 | 6,952 |
Provision for credit losses | 193 | 175 |
Net interest income after provision for credit losses | 8,998 | 6,777 |
NONINTEREST INCOME | ||
Noninterest income | 1,694 | 1,670 |
Unrealized gain on equity securities | 137 | 63 |
Gain on sale of loans | 86 | 335 |
Increase in cash surrender value of life insurance | 45 | 50 |
Other income | 62 | 61 |
Total noninterest income | 1,991 | 2,147 |
NONINTEREST EXPENSE | ||
Compensation and benefits | 3,789 | 3,494 |
Occupancy and equipment | 447 | 467 |
Data processing | 1,031 | 869 |
Professional fees | 186 | 290 |
Advertising | 83 | 62 |
Other expenses | 865 | 812 |
Total noninterest expense | 6,401 | 5,994 |
Income before income taxes | 4,588 | 2,930 |
Income tax expense | 769 | 400 |
Net Income | 3,819 | 2,530 |
Less: net income attributable to noncontrolling interest in subsidiary | 3 | 3 |
Net Income Attributable to First Capital, Inc. | $ 3,816 | $ 2,527 |
Earnings per common share attributable to First Capital, Inc.: | ||
Basic (in dollars per share) | $ 1.14 | $ 0.75 |
Diluted (in dollars per share) | 1.14 | 0.75 |
Dividends per share (in dollars per share) | $ 0.27 | $ 0.26 |
Deposit Account [Member] | ||
NONINTEREST INCOME | ||
Noninterest income | $ 562 | $ 509 |
ATM and Debit Card Fees [Member] | ||
NONINTEREST INCOME | ||
Noninterest income | 1,087 | 1,007 |
Investment Advisory, Management and Administrative Service [Member] | ||
NONINTEREST INCOME | ||
Noninterest income | $ 12 | $ 122 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Net income | $ 3,819 | $ 2,530 |
OTHER COMPREHENSIVE INCOME (LOSS) | ||
Unrealized holding gains (losses) arising during the period | 8,813 | (24,914) |
Income tax (expense) benefit | (2,068) | 5,743 |
Net of tax amount | 6,745 | (19,171) |
Other Comprehensive Income (Loss), net of tax | 6,745 | (19,171) |
Comprehensive Income (Loss) | 10,564 | (16,641) |
Less: comprehensive income attributable to the noncontrolling interest in subsidiary | 3 | 3 |
Comprehensive Income (Loss) Attributable to First Capital, Inc. | $ 10,561 | $ (16,644) |
Consolidated Statements of Chan
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands | Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Deferred Compensation, Share-Based Payments [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Treasury Stock, Common [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] Noncontrolling Interest [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Common Stock [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Additional Paid-in Capital [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Retained Earnings [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] AOCI Attributable to Parent [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Deferred Compensation, Share-Based Payments [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Treasury Stock, Common [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Noncontrolling Interest [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | AOCI Attributable to Parent [Member] | Deferred Compensation, Share-Based Payments [Member] | Treasury Stock, Common [Member] | Noncontrolling Interest [Member] | Total |
Balances at Dec. 31, 2021 | $ 38 | $ 41,684 | $ 80,070 | $ 1,734 | $ (1,033) | $ (8,665) | $ 112 | $ 113,940 | ||||||||||||||||
Net income | 0 | 0 | 2,527 | 0 | 0 | 0 | 3 | 2,530 | ||||||||||||||||
Other Comprehensive Income (Loss), net of tax | 0 | 0 | 0 | (19,171) | 0 | 0 | 0 | (19,171) | ||||||||||||||||
Cash dividends | (877) | 0 | (877) | |||||||||||||||||||||
Stock compensation expense | 0 | 0 | 0 | 0 | 98 | 0 | 0 | 98 | ||||||||||||||||
Balances at Mar. 31, 2022 | 38 | 41,684 | 81,720 | (17,437) | (935) | (8,665) | 115 | 96,520 | ||||||||||||||||
Balances (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 | $ 0 | $ 0 | $ (529) | $ 0 | $ 0 | $ 0 | $ 0 | $ (529) | $ 38 | $ 41,636 | $ 87,936 | $ (35,741) | $ (549) | $ (8,691) | $ 112 | $ 84,741 | ||||||||
Balances at Dec. 31, 2022 | 38 | 41,636 | 88,465 | (35,741) | (549) | (8,691) | 112 | 85,270 | ||||||||||||||||
Net income | 0 | 0 | 3,816 | 0 | 0 | 0 | 3 | 3,819 | ||||||||||||||||
Other Comprehensive Income (Loss), net of tax | 0 | 0 | 0 | 6,745 | 0 | 0 | 0 | 6,745 | ||||||||||||||||
Cash dividends | (907) | 0 | (907) | |||||||||||||||||||||
Stock compensation expense | 0 | 0 | 0 | 0 | 84 | 0 | 0 | 84 | ||||||||||||||||
Purchase of treasury shares | 0 | 0 | 0 | 0 | 0 | (327) | 0 | (327) | ||||||||||||||||
Balances at Mar. 31, 2023 | $ 38 | $ 41,636 | $ 90,845 | $ (28,996) | $ (465) | $ (9,018) | $ 115 | $ 94,155 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net income | $ 3,819 | $ 2,530 |
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities: | ||
Amortization of premiums and accretion of discounts on securities, net | 429 | 570 |
Depreciation and amortization expense | 254 | 274 |
Deferred income taxes | (51) | (106) |
Stock compensation expense | 84 | 98 |
Increase in cash value of life insurance | (45) | (50) |
Provision for credit losses | 193 | 175 |
Proceeds from sales of loans | 6,035 | 18,262 |
Loans originated for sale | (5,732) | (17,558) |
Gain on sale of loans | (86) | (335) |
Amortization of tax credit investment | 89 | 89 |
Unrealized gain on equity securities | (137) | (63) |
Net realized and unrealized gain on foreclosed real estate | 0 | (15) |
Decrease (increase) in accrued interest receivable | 129 | (19) |
Increase (decrease) in accrued interest payable | 95 | (22) |
Net change in other assets/liabilities | 178 | (528) |
Net Cash Provided By Operating Activities | 5,254 | 3,302 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||
Net decrease in interest-bearing time deposits | 1 | 251 |
Purchase of securities available for sale | (6,289) | (25,483) |
Purchase of securities held to maturity | 0 | (5,000) |
Proceeds from maturities of securities available for sale | 1,480 | 2,501 |
Principal collected on mortgage-backed obligations | 3,921 | 6,664 |
Net increase in loans receivable | (8,372) | (22,826) |
Investment in technology fund | (100) | 0 |
Proceeds from sale of foreclosed real estate | 0 | 39 |
Proceeds from redemption of Federal Home Loan Bank stock | 0 | 152 |
Purchase of premises and equipment | (132) | (59) |
Net Cash Used In Investing Activities | (9,491) | (43,761) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Net (decrease) increase in deposits | (24,946) | 36,517 |
Purchase of treasury stock | (327) | 0 |
Dividends paid | (907) | (877) |
Net Cash (Used In) Provided By Financing Activities | (26,180) | 35,640 |
Net Decrease in Cash and Cash Equivalents | (30,417) | (4,819) |
Cash and cash equivalents at beginning of period | 66,298 | 172,509 |
Cash and Cash Equivalents at End of Period | $ 35,881 | $ 167,690 |
Note 1 - Presentation of Interi
Note 1 - Presentation of Interim Information | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block] | 1. Presentation of Interim Information First Capital, Inc. (“Company”) is the financial holding company for First Harrison Bank (“Bank”), an Indiana chartered commercial bank and wholly owned subsidiary. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly-owned Nevada corporate subsidiaries of the Bank that jointly own First Harrison, LLC, a Nevada limited liability corporation that holds and manages an investment portfolio. First Harrison REIT, Inc. (“REIT”) is a wholly-owned subsidiary of First Harrison Holdings, Inc. that holds a portion of the Bank’s real estate mortgage loan portfolio. FHB Risk Mitigation Services, Inc. (“Captive”) is a wholly-owned insurance subsidiary of the Company that provides property and casualty insurance coverage to the Company, the Bank and the Bank’s subsidiaries, and reinsurance to nine third may not In the opinion of management, the unaudited consolidated financial statements include all adjustments considered necessary to present fairly the financial position as of March 31, 2023, three March 31, 2023 2022 three March 31, 2023 2022. not The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and are presented as permitted by the instructions to Form 10 not December 31, 2022 10 The unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform with the current period presentation. The reclassifications had no |
Note 2 - Recent Accounting Pron
Note 2 - Recent Accounting Pronouncements | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Accounting Standards Update and Change in Accounting Principle [Text Block] | 2. Recent Accounting Pronouncements Recently Adopted Accounting Guidance In June 2016, No. 2016 13, Financial Instruments Credit Losses (Topic 326 In November 2019, No. 2019 10 2016 13 December 15, 2022, not January 1, 2023. Effective January 1, 2023, 2016 13, January 1, 2023. January 1, 2023 326 The Company expanded the loan portfolio segments used to determine the ACL on loans into eight seven January 1, 2023. Segment Amortized cost at Amortized cost at Portfolio December 31, 2022 (in thousands) December 31, 2022 Reclassification after Reclassification Residential $ 155,445 $ (155,445 ) $ - 1-4 Family Residential Mortgage - 116,392 116,392 Multifamily Residential - 38,962 38,962 Home Equity and Second Mortgage 58,985 92 59,077 Commercial Real Estate 161,332 (62 ) 161,270 Construction 42,259 (42,259 ) - Land 21,874 (21,874 ) - 1-4 Family Residential Construction - 16,575 16,575 Other Construction, Development and Land - 47,633 47,633 Commercial Business 60,806 7,248 68,054 Other Consumer 64,029 (7,262 ) 56,767 $ 564,730 $ - $ 564,730 Loans Held for Investment Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost. Amortized cost is the principal balance outstanding, net of purchase premiums and discounts, deferred loan fees and costs. The Company grants real estate mortgage, commercial business and consumer loans. Loan origination and commitment fees, as well as certain direct costs of underwriting and closing loans, are deferred and amortized as a yield adjustment to interest income over the lives of the related loans using the interest method. Amortization of net deferred loan fees is discontinued when a loan is placed on nonaccrual status. Accrued interest receivable totaled $1.9 million at March 31, 2023 ACL Available For Sale ( AFS ) Debt Securities For AFS debt securities in an unrealized loss position, the Company first not not not Changes in the ACL are recorded as a provision for (or recovery of) credit loss expense. Losses are charged against the ACL when management believes that uncollectibility of an AFS debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest receivable on AFS debt securities totaled $2.2 million at March 31, 2023 ACL Held To Maturity Debt Securities Management measures expected credit losses on held to maturity debt securities on a collective basis by major security type. Accrued interest receivable on held to maturity debt securities totaled $18,000 at March 31, 2023 The estimate of expected credit losses considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. At the time of adoption, the estimated reserve was immaterial. ACL Loans The ACL is a valuation account that is deducted from an asset’s amortized cost basis to present the net amount expected to be collected on the asset. Loans are charged off against the ACL when management believes the uncollectibility of a loan balance is confirmed. Expected recoveries do not The Company utilizes a combination of the Open Pool/Snapshot and Weighted Average Remaining Maturity (“WARM”) methods in determining expected future credit losses. The Open Pool/Snapshot method takes a snapshot of a loan portfolio at a point in time in history and tracks that loan portfolio’s performance in the subsequent periods until its ultimate disposition. The WARM method uses average annual charge-off rates and the remaining life of the loan to estimate the ACL. For the Company’s loan portfolios, the remaining contractual life for each loan is adjusted by the expected scheduled payments and estimated prepayments. The average annual charge-off rate is applied to the amortization adjusted remaining life of the loan to determine the unadjusted lifetime historical charge-off rate. The Company’s expected loss estimate is anchored in historical credit loss experience, with an emphasis on all available portfolio data. The Company’s historical look-back periods for the loan portfolio range from one 10 The Company estimates the ACL on loans using relevant available information from internal and external sources relating to past events, current conditions, and reasonable and supportable forecasts. Historical loss experience provides the basis for the estimation of expected credit losses. Qualitative adjustments to historical loss information are made for losses reflected by peers, changes in underwriting standards, changes in economic conditions, changes in delinquency levels, collateral values and other factors. Qualitative adjustments reflect management’s overall estimate of the extent to which current expected credit losses on collectively evaluated loans will differ from historical loss experience. The analysis takes into consideration industry and collateral concentrations, acquired loan portfolio characteristics and other credit-related analytics as deemed appropriate. Management exercises significant judgment in evaluating the relevant historical loss experience and the qualitative factors. Management also monitors the differences between estimated and actual incurred loan losses for loans considered impaired in order to evaluate the effectiveness of the estimation process and make any changes in the methodology as necessary. The ACL is measured on a collective (pooled) basis when similar risk characteristics exist. The Company’s pools/segments are largely determined based on loan types as defined by Call Report instructions. The Bank has identified and utilizes the following portfolio segments: 1–4 1–4 1 4 1st may Home Equity and Second Mortgage – Home Equity and Second Mortgage loans and lines of credit are primarily secured by 1 4 may 1–4 Multi-family Residential – Multi-family Residential loans are primarily secured by properties such as apartment complexes and other multi-tenant properties within the Company’s market area. In some situations, the collateral may may 1–4 “1 4 1–4 1 4 may Other Construction, Development and Land – Other Construction, Development and Land loans include loans secured by multi-family properties, commercial projects, and vacant land. This portfolio includes both owner-occupied and speculative investment properties. Risks inherent in construction lending are related to the market value of the property held as collateral, the cost and timing of constructing or improving a property, the borrower’s ability to use funds generated by a project to service a loan until a project is completed, movements in interest rates and the real estate market during the construction phase, and the ability of the borrower to obtain permanent financing. Commercial Real Estate – Commercial Real Estate loans are comprised of loans secured by various types of collateral including warehouses, retail space, mixed-use buildings and warehouses, among others, located in the Company’s primary lending area. Risks related to commercial real estate lending are related to the market value of the property taken as collateral, the underlying cash flows, and general economic condition of the local real estate market. Repayment of these loans is generally dependent on the ability of the borrower to attract tenants at lease rates that provide for adequate debt service and can be impacted by local economic conditions which impact vacancy rates. The Company generally obtains loan guarantees from financially capable parties for Commercial Real Estate loans. To a lesser degree, this segment also includes loans secured by farmland. The risks associated with loans secured by farmland are related to the market value of the property taken as collateral and the underlying cash flows from farming operations and general economic conditions. Commercial Business – Commercial Business loans include lines of credit to businesses, term loans and letters of credit secured by business assets such as equipment, accounts receivable, inventory, or other assets excluding real estate. Loans in this portfolio may Other Consumer – Other Consumer loans consist of loans secured by new and used automobiles and trucks, recreational vehicles such as boats and RVs, mobile homes and secured and unsecured loans to individuals. The risks associated with these loans are related to local economic conditions including the unemployment level. To a lesser degree, this segment also includes loans secured by lawn and farm equipment as well as farm output. The risks associated with these loans are related to local economic conditions including the unemployment level, as well as general economic conditions impacting crop prices and the supply chain. Loans that do not not ACL Off-Balance Sheet Credit Exposures The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The ACL on off-balance sheet credit exposures is included in other liabilities on the consolidated balance sheets and is adjusted as a provision for credit loss expense. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. Expected utilization rates based on Regulatory Credit Conversion Factors are compared to the current funded portion of the total commitment amount as a practical expedient for funded exposure at default. In March 2022, No. 2022 02, Financial Instruments Credit Losses (Topic 326 TDR ) and Vintage Disclosures 2022 02 2016 13 no Recently Issued but Not In June 2022, No. 2022 03, Fair Value Measurements (Topic 820 not not December 15, 2023, not In March 2023, No. 2023 02, Investments Equity Method and Joint Ventures (Topic 323 December 15, 2023, no not The Company has determined that all other recently issued accounting pronouncements will not not |
Note 3 - Investment Securities
Note 3 - Investment Securities | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Investments in Debt and Equity Instruments, Cash and Cash Equivalents, Unrealized and Realized Gains (Losses) [Text Block] | 3. Investment Securities Investment securities have been classified in the consolidated balance sheets according to management’s intent. Investment securities at March 31, 2023 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value March 31, 2023 Securities available for sale: Agency mortgage-backed securities $ 91,600 $ - $ 9,294 $ 82,306 Agency CMO 9,117 53 223 8,947 Other debt securities: Agency notes and bonds 151,901 18 10,495 141,424 Treasury notes and bonds 82,638 - 2,827 79,811 Municipal obligations 172,666 426 15,490 157,602 Total securities available for sale $ 507,922 $ 497 $ 38,329 $ 470,090 Securities held to maturity: Other debt securities: Corporate notes $ 7,000 $ - $ 1,704 $ 5,296 Total securities held to maturity $ 7,000 $ - $ 1,704 $ 5,296 December 31, 2022 Securities available for sale: Agency mortgage-backed securities $ 95,056 $ - $ 11,193 $ 83,863 Agency CMO 9,682 20 349 9,353 Other debt securities: Agency notes and bonds 151,143 - 13,162 137,981 Treasury notes and bonds 82,646 - 3,914 78,732 Municipal obligations 168,939 177 18,226 150,890 Total securities available for sale $ 507,466 $ 197 $ 46,844 $ 460,819 Securities held to maturity: Other debt securities: Corporate notes $ 7,000 $ - $ 1,689 $ 5,311 Total securities held to maturity $ 7,000 $ - $ 1,689 $ 5,311 Agency notes and bonds, agency mortgage-backed securities and agency collateralized mortgage obligations (“CMO”) include securities issued by the Government National Mortgage Association (“GNMA”), a U.S. government agency, and the Federal National Mortgage Association (“FNMA”), the Federal Home Loan Mortgage Corporation (“FHLMC”), the Federal Farm Credit Bank (“FFCB”) and the Federal Home Loan Bank (“FHLB”), which are government-sponsored enterprises. Corporate notes classified as held to maturity include subordinated debt obligations issued by other bank holding companies. The amortized cost and fair value of debt securities as of March 31, 2023, may may Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due in one year or less $ 45,936 $ 45,056 $ - $ - Due after one year through five years 213,953 200,774 - - Due after five years through ten years 41,376 39,120 2,000 1,520 Due after ten years 105,940 93,887 5,000 3,776 407,205 378,837 7,000 5,296 Mortgage-backed securities and CMO 100,717 91,253 - - $ 507,922 $ 470,090 $ 7,000 $ 5,296 Information pertaining to investment securities with gross unrealized losses at March 31, 2023, Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) March 31, 2023: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 4 $ 3,589 $ 120 Agency CMO 3 2,604 62 Agency notes and bonds 6 16,797 221 Treasury notes and bonds 10 16,734 266 Muncipal obligations 36 17,113 195 Total less than twelve months 59 56,837 864 Continuous loss position more than twelve months: Agency mortgage-backed securities 93 78,717 9,174 Agency CMO 22 3,557 161 Agency notes and bonds 52 121,382 10,274 Treasury notes and bonds 20 63,078 2,561 Muncipal obligations 192 104,118 15,295 Total more than twelve months 379 370,852 37,465 Total securities available for sale 438 $ 427,689 $ 38,329 Securities held to maturity: Continuous loss position more than twelve months: Corporate notes 4 $ 5,296 $ 1,704 Total more than twelve months 4 5,296 1,704 Total held to maturity 4 $ 5,296 $ 1,704 Information pertaining to investment securities with gross unrealized losses at December 31, 2022, Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) December 31, 2022: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 69 $ 27,561 $ 2,214 Agency CMO 23 6,287 336 Agency notes and bonds 15 35,079 1,314 Treasury notes and bonds 17 31,615 997 Muncipal obligations 154 81,218 5,960 Total less than twelve months 278 181,760 10,821 Continuous loss position more than twelve months: Agency mortgage-backed securities 28 56,303 8,979 Agency CMO 3 257 13 Agency notes and bonds 45 102,902 11,848 Treasury notes and bonds 13 47,117 2,917 Muncipal obligations 98 52,279 12,266 Total more than twelve months 187 258,858 36,023 Total securities available for sale 465 $ 440,618 $ 46,844 Securities held to maturity: Continuous loss position less than twelve months: Corporate notes 3 $ 3,779 $ 1,221 Total less than twelve months 3 3,779 1,221 Continuous loss position more than twelve months: Corporate notes 1 1,532 468 Total more than twelve months 1 1,532 468 Total securities held to maturity 4 $ 5,311 $ 1,689 The Company has not not three March 31, 2023, no In addition, management assesses held to maturity securities for credit losses on a quarterly basis. The assessment includes review of performance metrics, identification of delinquency and evaluation of market factors. Based on this analysis, management concludes the decline in fair value is due to changes in interest rates and other market factors. Accordingly, no credit loss provision was recorded in earnings for the three March 31, 2023. At March 31, 2023, first March 31, 2023, no On January 1, 2023, 2016 13, 2016 13 January 1, 2023 March 31, 2023, While management does not March 31, 2023, may There were no sales of investment securities during the three March 31, 2023 2022. Certain debt securities available for sale were pledged to secure public fund deposits at March 31, 2023 December 31, 2022. Equity Securities In September 2018, three March 31, 2023, three March 31, 2022, March 31, 2023 December 31, 2022, In October 2021, March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022 2026. three March 31, 2023 2022. |
Note 4 - Loans and Allowance fo
Note 4 - Loans and Allowance for Loan Losses | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 4. Loans and Allowance for Credit Losses Additional information regarding the Company’s loan and ACL on loan policies and loan portfolios follow: A substantial portion of the loan portfolio is represented by mortgage loans to customers in the Louisville, Kentucky metropolitan statistical area (MSA). The ability of the Company’s customers to honor their loan agreements is largely dependent upon the real estate and general economic conditions in this area. The recognition of income on a loan is discontinued and previously accrued interest is reversed, when interest or principal payments become 90 A loan is restored to accrual status when all principal and interest payments are brought current and the borrower has demonstrated the ability to make future payments of principal and interest as scheduled, which generally requires that the borrower demonstrate a period of performance of at least six For portfolio segments other than consumer loans, the Company’s practice is to charge-off any loan or portion of a loan when the loan is determined by management to be uncollectible due to the borrower’s failure to meet repayment terms, the borrower’s deteriorating or deteriorated financial condition, the depreciation of the underlying collateral, the loan’s classification as a loss by regulatory examiners, or for other reasons. A partial charge-off is recorded on a loan when the uncollectibility of a portion of the loan has been confirmed, such as when a loan is discharged in bankruptcy, the collateral is liquidated, a loan is restructured at a reduced principal balance, or other identifiable events that lead management to determine the full principal balance of the loan will not not Consumer loans not 90 45 Refer to Note 2 ACL Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not Values for collateral dependent loans are generally based on appraisals obtained from independent licensed real estate appraisers, with adjustments applied for estimated costs to sell the property, costs to complete unfinished or repair damaged property and other factors. New appraisals are generally obtained for all significant properties when a loan is identified as impaired, and a property is considered significant if the value of the property is estimated to exceed $200,000. not March 31, 2023 The Company held no foreclosed real estate at March 31, 2023 December 31, 2022. March 31, 2023 December 31, 2022, Loans at March 31, 2023 December 31, 2022 March 31, December 31, (In thousands) 2023 2022 (As reclassified) 1-4 Family Residential Mortgage $ 122,675 $ 116,269 Home Equity and Second Mortgage 57,130 57,872 Multifamily Residential 39,656 38,973 1-4 Family Residential Construction 19,071 16,575 Other Construction, Development and Land 49,901 47,632 Commercial Real Estate 161,968 161,362 Commercial Business 67,228 68,066 Other Consumer 54,053 56,768 Principal loan balance 571,682 563,517 Deferred loan origination fees and costs, net 1,217 1,213 Allowance for credit losses (7,323 ) (6,772 ) Loans, net $ 565,576 $ 557,958 The following table provides the components of the Company’s amortized cost basis in loans at March 31, 2023: Other 1-4 Family Home Equity 1-4 Family Construction, Residential and Second Multifamily Residential Development Commercial Commercial Other Mortgage Mortgage Residential Construction and Land Real Estate Business Consumer Total (In thousands) Amortized Cost Basis in Loans: Principal loan balance $ 122,675 $ 57,130 $ 39,656 $ 19,071 $ 49,901 $ 161,968 $ 67,228 $ 54,053 $ 571,682 Net deferred loan origination fees and costs 127 1,210 (14 ) - (3 ) (91 ) (12 ) - 1,217 Amortized cost basis in loans $ 122,802 $ 58,340 $ 39,642 $ 19,071 $ 49,898 $ 161,877 $ 67,216 $ 54,053 $ 572,899 An analysis of the changes in the ACL on loans for the three March 31, 2023 Other 1-4 Family Home Equity 1-4 Family Construction, Residential and Second Multifamily Residential Development Commercial Commercial Other Mortgage Mortgage Residential Construction and Land Real Estate Business Consumer Total (In thousands) ACL on Loans: Beginning balance, prior to adoption of ASC 326 $ 1,036 $ 531 $ 346 $ 206 $ 587 $ 2,029 $ 1,156 $ 881 $ 6,772 Impact of adopting ASC 326 423 (26 ) (3 ) (9 ) 13 (130 ) (142 ) 435 561 Provision for credit losses (43 ) (139 ) 38 (10 ) (111 ) 291 220 (53 ) 193 Charge-offs (2 ) - - - - - (155 ) (118 ) (275 ) Recoveries - - - - - - 5 67 72 Ending balance $ 1,414 $ 366 $ 381 $ 187 $ 489 $ 2,190 $ 1,084 $ 1,212 $ 7,323 Accrued interest on loans of $1.9 million at March 31, 2023, Collateral dependent loans are loans for which the repayment is expected to be provided substantially through the operation or sale of the collateral and the borrower is experiencing financial difficulty. There have been no March 31, 2023: Real ACL Estate Other Total Allocation 1-4 Family Residential Mortgage $ 1,062 $ - $ 1,062 $ 12 Home Equity and Second Mortgage 344 - 344 2 Multifamily Residential - - - - 1-4 Family Residential Construction - - - - Other Construction, Development and Land 52 - 52 - Commercial Real Estate 1,128 - 1,128 - Commercial Business - 162 162 - Other Consumer - - - - $ 2,586 $ 162 $ 2,748 $ 14 Nonperforming loans consists of nonaccrual loans and loans over 90 89 March 31, 2023: Loans 90+ Days Total Nonaccrual Loans Total Past Due Nonperforming with No ACL (1) Nonaccrual Still Accruing Loans (In thousands) 1-4 Family Residential Mortgage $ 766 $ 804 $ - $ 804 Home Equity and Second Mortgage 274 344 - 344 Multifamily Residential - - - - 1-4 Family Residential Construction - - - - Other Construction, Development and Land 52 52 - 52 Commercial Real Estate 33 33 - 33 Commercial Business - 27 - 27 Other Consumer - - - - Total $ 1,125 $ 1,260 $ - $ 1,260 ( 1 no No interest income was recognized on nonaccrual loans during the three March 31, 2023. The following table presents the aging of the amortized cost basis in loans at March 31, 2023: 30-59 Days 60-89 Days 90 Days or More Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) 1-4 Family Residential Mortgage $ 2,114 $ - $ 384 $ 2,498 $ 120,304 $ 122,802 Home Equity and Second Mortgage 638 - 70 708 57,632 58,340 Multifamily Residential - - - - 39,642 39,642 1-4 Family Residential Construction - - - - 19,071 19,071 Other Construction, Development and Land 50 - 52 102 49,796 49,898 Commercial Real Estate 58 - - 58 161,819 161,877 Commercial Business 14 200 - 214 67,002 67,216 Other Consumer 213 48 - 261 53,792 54,053 Total $ 3,087 $ 248 $ 506 $ 3,841 $ 569,058 $ 572,899 Occasionally, the Company modifies loans to borrowers in financial distress. During the three March 31, 2023, no no 12 three March 31, 2023. March 31, 2023 December 31, 2022. There were no TDRs that were restructured during the three March 31, 2022. no no three March 31, 2022. 12 three March 31, 2022. Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, public information, historical payment experience, credit documentation, and current economic trends, among other factors. The Company classifies loans based on credit risk at least quarterly. The Company uses the following regulatory definitions for risk ratings: Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loss: Loans classified as loss are considered uncollectible and of such little value that their continuance on the institution’s books as an asset is not Loans not Based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) 1-4 Family Residential Mortgage Pass $ 9,390 $ 34,819 $ 30,244 $ 7,916 $ 10,734 $ 28,638 $ - $ 121,741 Special Mention - - - - - - - - Substandard - - - - - 257 - 257 Doubtful - 19 175 - - 610 - 804 $ 9,390 $ 34,838 $ 30,419 $ 7,916 $ 10,734 $ 29,505 $ - $ 122,802 Current period gross write-offs $ - $ - $ 2 $ - $ - $ - $ - $ 2 Home Equity and Second Mortgage Pass $ 751 $ 5,111 $ 593 $ 273 $ 255 $ 518 $ 50,495 $ 57,996 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - 274 - 70 344 $ 751 $ 5,111 $ 593 $ 273 $ 529 $ 518 $ 50,565 $ 58,340 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Multifamily Residential Pass $ 1,557 $ 10,726 $ 9,940 $ 8,134 $ 4,469 $ 4,816 $ - $ 39,642 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - $ 1,557 $ 10,726 $ 9,940 $ 8,134 $ 4,469 $ 4,816 $ - $ 39,642 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - 1-4 Family Residential Construction Pass $ 2,306 $ 12,362 $ 3,082 $ - $ - $ 1,321 $ - $ 19,071 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - $ 2,306 $ 12,362 $ 3,082 $ - $ - $ 1,321 $ - $ 19,071 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Other Construction, Development and Land Pass $ 3,580 $ 26,348 $ 11,714 $ 2,954 $ 1,325 $ 3,875 $ - $ 49,796 Special Mention - - - - - 50 - 50 Substandard - - - - - - - - Doubtful - - - - - 52 - 52 $ 3,580 $ 26,348 $ 11,714 $ 2,954 $ 1,325 $ 3,977 $ - $ 49,898 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial Real Estate Pass $ 3,272 $ 40,200 $ 27,946 $ 22,097 $ 19,413 $ 44,777 $ 2,294 $ 159,999 Special Mention - - - 179 427 65 79 750 Substandard - - - 237 - 858 - 1,095 Doubtful - - - - - 33 - 33 $ 3,272 $ 40,200 $ 27,946 $ 22,513 $ 19,840 $ 45,733 $ 2,373 $ 161,877 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Commercial Business Pass $ 5,459 $ 17,812 $ 13,160 $ 6,586 $ 6,735 $ 4,340 $ 12,672 $ 66,764 Special Mention - 31 22 - 168 4 38 263 Substandard - - - - 48 - 114 162 Doubtful - - - 27 - - - 27 $ 5,459 $ 17,843 $ 13,182 $ 6,613 $ 6,951 $ 4,344 $ 12,824 $ 67,216 Current period gross write-offs $ - $ 155 $ - $ - $ - $ - $ - $ 155 Other Consumer Pass $ 6,502 $ 20,535 $ 11,963 $ 4,649 $ 2,136 $ 6,146 $ 2,068 $ 53,999 Special Mention - - - - - - - - Substandard - - - - - - 54 54 Doubtful - - - - - - - - $ 6,502 $ 20,535 $ 11,963 $ 4,649 $ 2,136 $ 6,146 $ 2,122 $ 54,053 Current period gross write-offs $ - $ 18 $ 23 $ 10 $ 6 $ 32 $ 29 $ 118 Total Loans Pass $ 32,817 $ 167,913 $ 108,642 $ 52,609 $ 45,067 $ 94,431 $ 67,529 $ 569,008 Special Mention - 31 22 179 595 119 117 1,063 Substandard - - - 237 48 1,115 168 1,568 Doubtful - 19 175 27 274 695 70 1,260 $ 32,817 $ 167,963 $ 108,839 $ 53,052 $ 45,984 $ 96,360 $ 67,884 $ 572,899 Current period gross write-offs $ - $ 173 $ 25 $ 10 $ 6 $ 32 $ 29 $ 275 Allowance for Loan Losses Prior to the adoption of ASC 326 January 1, 2023, The following table provides the components of the Company’s recorded investment in loans at March 31, 2022: Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 137,762 $ 19,489 $ 31,702 $ 148,492 $ 58,031 $ 55,893 $ 59,670 $ 511,039 Accrued interest receivable 468 103 74 300 163 166 199 1,473 Net deferred loan origination fees and costs 99 13 (11 ) (72 ) (21 ) 1,148 - 1,156 Recorded investment in loans $ 138,329 $ 19,605 $ 31,765 $ 148,720 $ 58,173 $ 57,207 $ 59,869 $ 513,668 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 824 $ 102 $ - $ 599 $ 167 $ 287 $ - $ 1,979 Collectively evaluated for impairment 137,236 19,503 31,765 148,113 58,006 56,920 59,869 511,412 Acquired with deteriorated credit quality 269 - - 8 - - - 277 Ending balance $ 138,329 $ 19,605 $ 31,765 $ 148,720 $ 58,173 $ 57,207 $ 59,869 $ 513,668 The following table provides the components of the Company’s recorded investment in loans at December 31, 2022: Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 155,334 $ 21,860 $ 42,271 $ 161,425 $ 60,817 $ 57,781 $ 64,029 $ 563,517 Accrued interest receivable 493 123 105 343 170 348 236 1,818 Net deferred loan origination fees and costs 111 14 (12 ) (93 ) (11 ) 1,204 - 1,213 Recorded investment in loans $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 854 $ 51 $ - $ 463 $ 195 $ 372 $ - $ 1,935 Collectively evaluated for impairment 154,798 21,946 42,364 161,212 60,781 58,961 64,265 564,327 Acquired with deteriorated credit quality 286 - - - - - - 286 Ending balance $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 An analysis of the allowance for loan losses as of March 31, 2022 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1 $ - $ - $ - $ - $ 5 $ - $ 6 Collectively evaluated for impairment 1,196 235 387 1,927 994 512 957 6,208 Acquired with deteriorated credit quality 31 - - - - - - 31 Ending balance $ 1,228 $ 235 $ 387 $ 1,927 $ 994 $ 517 $ 957 $ 6,245 An analysis of the allowance for loan losses as of December 31, 2022 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ 155 $ - $ - $ 155 Collectively evaluated for impairment 1,383 265 526 2,031 891 530 991 6,617 Acquired with deteriorated credit quality - - - - - - - - Ending balance $ 1,383 $ 265 $ 526 $ 2,031 $ 1,046 $ 530 $ 991 $ 6,772 An analysis of the changes in the allowance for loan losses for the three March 31, 2022 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Allowance for loan losses: Beginning balance $ 1,174 $ 234 $ 403 $ 1,884 $ 873 $ 527 $ 988 $ 6,083 Provisions for loan losses 49 1 (16 ) 43 121 (10 ) (13 ) 175 Charge-offs - - - - - - (74 ) (74 ) Recoveries 5 - - - - - 56 61 Ending balance $ 1,228 $ 235 $ 387 $ 1,927 $ 994 $ 517 $ 957 $ 6,245 At March 31, 2022 December 31, 2022, not The following table summarizes the Company’s impaired loans as of March 31, 2022 three March 31, 2022. not three March 31, 2022: At March 31, 2022 Three Months Ended March 31, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In thousands) Loans with no related allowance recorded: Residential $ 796 $ 926 $ - $ 915 $ 5 Land 102 104 - 102 - Construction - - - - - Commercial real estate 599 616 - 651 6 Commercial business 167 166 - 171 2 Home equity and second mortgage - - - 8 - Other consumer - - - - - 1,664 1,812 - 1,847 13 Loans with an allowance recorded: Residential 28 28 1 14 - Land - - - - - Construction - - - - - Commercial real estate - - - - - Commercial business - - - - - Home equity and second mortgage 287 297 5 288 - Other consumer - - - - - 315 325 6 302 - Total: Residential 824 954 1 929 5 Land 102 104 - 102 - Construction - - - - - Commercial real estate 599 616 - 651 6 Commercial business 167 166 - 171 2 Home equity and second mortgage 287 297 5 296 - Other consumer - - - - - $ 1,979 $ 2,137 $ 6 $ 2,149 $ 13 The following table summarizes the Company’s impaired loans as of December 31, 2022: Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential $ 854 $ 996 $ - Land 51 51 - Construction - - - Commercial real estate 463 484 - Commercial business 40 40 - Home equity and second mortgage 372 389 - Other consumer - - - $ 1,780 $ 1,960 $ - Loans with an allowance recorded: Residential $ - $ - $ - Land - - - Construction - - - Commercial real estate - - - Commercial business 155 155 155 Home equity and second mortgage - - - Other consumer - - - $ 155 $ 155 $ 155 Total: Residential $ 854 $ 996 $ - Land 51 51 - Construction - - - Commercial real estate 463 484 - Commercial business 195 195 155 Home equity and second mortgage 372 389 - Other consumer - - - $ 1,935 $ 2,115 $ 155 The following table presents the recorded investment in nonperforming loans at December 31, 2022: December 31, 2022 Loans 90+ Days Total Nonaccrual Past Due Nonperforming Loans Still Accruing Loans (In thousands) Residential $ 744 $ 83 $ 827 Land 51 - 51 Construction - - - Commercial real estate 81 - 81 Commercial business 155 - 155 Home equity and second mortgage 372 - 372 Other consumer - 4 4 Total $ 1,403 $ 87 $ 1,490 The following table presents the aging of the recorded investment in loans at December 31, 2022: Purchased 30-59 Days 60-89 Days 90 Days or More Total Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,229 $ 226 $ 543 $ 2,998 $ 152,654 $ 286 $ 155,938 Land 119 - 51 170 21,827 - 21,997 Construction - - - - 42,364 - 42,364 Commercial real estate - - - - 161,675 - 161,675 Commercial business - - 155 155 60,821 - 60,976 Home equity and second mortgage 206 278 93 577 58,756 - 59,333 Other consumer 211 72 4 287 63,978 - 64,265 Total $ 2,765 $ 576 $ 846 $ 4,187 $ 562,075 $ 286 $ 566,548 The following table presents the recorded investment in loans by risk category as of December 31, 2022: Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Pass $ 154,429 $ 21,827 $ 42,364 $ 159,842 $ 60,261 $ 58,937 $ 64,149 $ 561,809 Special Mention - 60 - 679 388 - 116 1,243 Substandard 765 59 - 1,073 172 24 - 2,093 Doubtful 744 51 - 81 155 372 - 1,403 Loss - - - - - - - - Total $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 Purchased Credit Deteriorated ( PCD ) Loans The Company has purchased groups of loans, some of which have experienced more than insignificant credit deterioration since origination. An ACL for PCD loans is determined using the same methodology as other loans held for investment. Upon adoption of ASC 326, 310 30 326, March 31, 2023 December 31, 2022 March 31, 2023 December 31, 2022. ACL on Off-Balance-Sheet Credit Exposures The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The Company recorded an ACL for unfunded commitments of $131,000 in conjunction with the Company’s adoption of ASU 2016 13 January 1, 2023. three March 31, 2023. |
Note 5 - Qualified Affordable H
Note 5 - Qualified Affordable Housing Project Investment | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Investment [Text Block] | 5. Qualified Affordable Housing Project Investment On January 19, 2018, March 31, 2023 December 31, 2022, March 31, 2023 December 31, 2022 2029. The investment is accounted for using the proportional amortization method. During the three March 31, 2023 2022, three March 31, 2023 2022, |
Note 6 - Supplemental Disclosur
Note 6 - Supplemental Disclosure for Earnings Per Share | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Earnings Per Share [Text Block] | 6. Supplemental Disclosure for Earnings Per Share Three Months Ended March 31, 2023 2022 (Dollars in thousands, except per share data) Basic Earnings: Net income attributable to First Capital, Inc. $ 3,816 $ 2,527 Shares: Weighted average common shares outstanding 3,353,623 3,350,745 Net income attributable to First Capital, Inc. per common share, basic $ 1.14 $ 0.75 Diluted Earnings: Net income attributable to First Capital, Inc. $ 3,816 $ 2,527 Shares: Weighted average common shares outstanding 3,353,623 3,350,745 Add: Dilutive effect of restricted stock - - Weighted average common shares outstanding, as adjusted 3,353,623 3,350,745 Net income attributable to First Capital, Inc. per common share, diluted $ 1.14 $ 0.75 Nonvested restricted stock shares are not three March 31, 2023 2022, |
Note 7 - Stock-based Compensati
Note 7 - Stock-based Compensation Plans | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Share-Based Payment Arrangement [Text Block] | 7. Stock-Based Compensation Plan On May 20, 2009, 2009 “2009 May 20, 2019. 2009 2009 not 2009 On May 22, 2019, 2019 “2019 2019 2019 may not 2009 not 2019 no 2009 2009 2019 At March 31, 2023, 2019 may may not ten may first not may not 2019 may 2019 2019 The fair market value of stock options granted is estimated at the date of grant using an option pricing model. Expected volatilities are based on historical volatility of the Company's stock. The expected term of options granted represents the period of time that options are expected to be outstanding and is based on historical trends. The risk free rate for the expected life of the options is based on the U.S. Treasury yield curve in effect at the time of grant. As of March 31, 2023, Compensation expense is measured based on the fair market value of the restricted stock at the grant date and is recognized ratably over the period during which the shares are earned (the vesting period). The Company accounts for any forfeitures when they occur, and any previously recognized compensation for an award is reversed in the period the award is forfeited. Compensation expense related to restricted stock recognized for the three March 31, 2023 2022 three March 31, 2023 2022, A summary of the Company’s nonvested restricted shares under the Plan as of March 31, 2023 three Weighted Number Average of Grant Date Shares Fair Value Nonvested at January 1, 2023 12,550 $ 57.07 Granted - - Vested - - Forfeited - - Nonvested at March 31, 2023 12,550 $ 57.07 There were no restricted shares that vested during the three March 31, 2023 2022. March 31, 2023, |
Note 8 - Supplemental Disclosur
Note 8 - Supplemental Disclosures of Cash Flow Information | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Cash Flow, Supplemental Disclosures [Text Block] | 8. Supplemental Disclosures of Cash Flow Information Three Months Ended March 31, 2023 2022 (In thousands) Cash payments for: Interest $ 900 $ 275 Taxes (net of refunds received) - - |
Note 9 - Fair Value Measurement
Note 9 - Fair Value Measurements | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Fair Value Disclosures [Text Block] | 9. Fair Value Measurements FASB ASC Topic 820 , Fair Value Measurements, 1 3 three 820 Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets. A quoted market price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. Level 2: Inputs to the valuation methodology include quoted market prices for similar assets or liabilities in active markets; quoted market prices for identical or similar assets or liabilities in markets that are not Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. The table below presents the balances of assets measured at fair value on a recurring and nonrecurring basis as of March 31, 2023 December 31, 2022. March 31, 2023 December 31, 2022. Carrying Value (In thousands) Level 1 Level 2 Level 3 Total March 31, 2023 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ - $ 82,306 $ - $ 82,306 Agency CMO - 8,947 - 8,947 Agency notes and bonds - 141,424 - 141,424 Treasury notes and bonds - 79,811 - 79,811 Municipal obligations - 157,602 - 157,602 Total securities available for sale $ - $ 470,090 $ - $ 470,090 Equity securities $ 1,604 $ - $ - 1,604 Assets Measured on a Nonrecurring Basis Collateral dependent loans: 1-4 Family Residential Mortgage $ - $ - $ 26 $ 26 Home Equity and Second Mortgage - - 68 68 Total collateral dependent loans $ - $ - $ 94 $ 94 December 31, 2022 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ - $ 83,863 $ - $ 83,863 Agency CMO - 9,353 - 9,353 Agency notes and bonds - 137,981 - 137,981 Treasury notes and bonds - 78,732 - 78,732 Municipal obligations - 150,890 - 150,890 Total securities available for sale $ - $ 460,819 $ - $ 460,819 Equity securities $ 1,467 $ - $ - 1,467 Fair value is based upon quoted market prices, where available. If quoted market prices are not third may may may may not Securities Available for Sale and Equity Securities . 1 third not 2 may third not 3 Loans Held for Sale. 2 March 31, 2023 December 31, 2022 , not Collateral Dependent Impaired Loans 3 Collateral dependent Impaired loans with specific allocations of ACL are measured at the fair value of the collateral less estimated costs to sell. Collateral may At March 31, 2023, three March 31, 2023. three March 31, 2022 There have been no three March 31, 2023 2022. no 3 three March 31, 2023 2022. GAAP requires disclosure of the fair value of financial assets and financial liabilities, whether or not not not not Carrying Fair Fair Value Measurements Using (In thousands) Value Value Level 1 Level 2 Level 3 March 31, 2023: Financial assets: Cash and cash equivalents $ 35,881 $ 35,881 $ 35,881 $ - $ - Interest-bearing time deposits 3,676 3,652 - 3,652 - Securities available for sale 470,090 470,090 - 470,090 - Securities held to maturity 7,000 5,296 - 5,296 - Loans held for sale 576 587 - 587 - Loans, net 565,576 567,198 - - 567,198 FHLB and other restricted stock 1,836 N/A N/A N/A N/A Accrued interest receivable 4,156 4,156 - 4,156 - Equity securities (included in other assets) 1,604 1,604 1,604 - - Financial liabilities: Deposits 1,035,450 1,033,446 - - 1,033,446 Accrued interest payable 218 218 - 218 - December 31, 2022: Financial assets: Cash and cash equivalents $ 66,298 $ 66,298 $ 66,298 $ - $ - Interest-bearing time deposits 3,677 3,638 - 3,638 - Securities available for sale 460,819 460,819 - 460,819 - Securities held to maturity 7,000 5,311 - 5,311 - Loans held for sale 793 803 - 803 - Loans, net 557,958 554,634 - - 554,634 FHLB and other restricted stock 1,836 N/A N/A N/A N/A Accrued interest receivable 4,285 4,285 - 4,285 - Equity securities (included in other assets) 1,467 1,467 1,467 - - Financial liabilities: Deposits 1,060,396 1,058,122 - - 1,058,122 Accrued interest payable 123 123 - 123 - The methods and assumptions used to estimate fair value are described as follows: Carrying amount is the estimated fair value for cash and cash equivalents, accrued interest receivable and payable, demand deposits and other transactions accounts. The fair value of securities and interest-bearing time deposits in other financial institutions is based on quoted market prices (where available) or values obtained from an independent pricing service. The fair value of loans, excluding loans held for sale, and fixed-maturity certificates of deposit is based on discounted cash flows using current market rates applied to the estimated life and credit risk of the instrument. The fair value of loans held for sale is based on specific prices of underlying contracts for sales to investors. It is not March 31, 2023 December 31, 2022 may |
Note 10 - Revenue from Contract
Note 10 - Revenue from Contracts With Customers | 3 Months Ended |
Mar. 31, 2023 | |
Notes to Financial Statements | |
Revenue from Contract with Customer [Text Block] | 10. Revenue from Contracts with Customers Substantially all of the Company’s revenue from contracts with customers in the scope of FASB ASC 606 three March 31, 2023 2022: Three Months Ended March 31, 2023 2022 (In thousands) Service charges on deposit accounts $ 562 $ 509 ATM and debit card fees 1,087 1,007 Investment advisory income 12 122 Other 33 32 Revenue from contracts with customers 1,694 1,670 Net gains on loans and investments 223 398 Increase in cash value of life insurance 45 50 Other 29 29 Other noninterest income 297 477 Total noninterest income $ 1,991 $ 2,147 A description of the Company’s revenue streams accounted for under FASB ASC 606 Service Charges on Deposit Accounts ATM and Debit Card Fees Investment Advisory Income Other Income: |
Note 2 - Recent Accounting Pr_2
Note 2 - Recent Accounting Pronouncements (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Accounting Standards Update and Change in Accounting Principle [Table Text Block] | Segment Amortized cost at Amortized cost at Portfolio December 31, 2022 (in thousands) December 31, 2022 Reclassification after Reclassification Residential $ 155,445 $ (155,445 ) $ - 1-4 Family Residential Mortgage - 116,392 116,392 Multifamily Residential - 38,962 38,962 Home Equity and Second Mortgage 58,985 92 59,077 Commercial Real Estate 161,332 (62 ) 161,270 Construction 42,259 (42,259 ) - Land 21,874 (21,874 ) - 1-4 Family Residential Construction - 16,575 16,575 Other Construction, Development and Land - 47,633 47,633 Commercial Business 60,806 7,248 68,054 Other Consumer 64,029 (7,262 ) 56,767 $ 564,730 $ - $ 564,730 |
Note 3 - Investment Securities
Note 3 - Investment Securities (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Marketable Securities [Table Text Block] | Gross Gross Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value March 31, 2023 Securities available for sale: Agency mortgage-backed securities $ 91,600 $ - $ 9,294 $ 82,306 Agency CMO 9,117 53 223 8,947 Other debt securities: Agency notes and bonds 151,901 18 10,495 141,424 Treasury notes and bonds 82,638 - 2,827 79,811 Municipal obligations 172,666 426 15,490 157,602 Total securities available for sale $ 507,922 $ 497 $ 38,329 $ 470,090 Securities held to maturity: Other debt securities: Corporate notes $ 7,000 $ - $ 1,704 $ 5,296 Total securities held to maturity $ 7,000 $ - $ 1,704 $ 5,296 December 31, 2022 Securities available for sale: Agency mortgage-backed securities $ 95,056 $ - $ 11,193 $ 83,863 Agency CMO 9,682 20 349 9,353 Other debt securities: Agency notes and bonds 151,143 - 13,162 137,981 Treasury notes and bonds 82,646 - 3,914 78,732 Municipal obligations 168,939 177 18,226 150,890 Total securities available for sale $ 507,466 $ 197 $ 46,844 $ 460,819 Securities held to maturity: Other debt securities: Corporate notes $ 7,000 $ - $ 1,689 $ 5,311 Total securities held to maturity $ 7,000 $ - $ 1,689 $ 5,311 |
Investments Classified by Contractual Maturity Date [Table Text Block] | Securities Available for Sale Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due in one year or less $ 45,936 $ 45,056 $ - $ - Due after one year through five years 213,953 200,774 - - Due after five years through ten years 41,376 39,120 2,000 1,520 Due after ten years 105,940 93,887 5,000 3,776 407,205 378,837 7,000 5,296 Mortgage-backed securities and CMO 100,717 91,253 - - $ 507,922 $ 470,090 $ 7,000 $ 5,296 |
Schedule of Unrealized Loss on Investments [Table Text Block] | Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) March 31, 2023: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 4 $ 3,589 $ 120 Agency CMO 3 2,604 62 Agency notes and bonds 6 16,797 221 Treasury notes and bonds 10 16,734 266 Muncipal obligations 36 17,113 195 Total less than twelve months 59 56,837 864 Continuous loss position more than twelve months: Agency mortgage-backed securities 93 78,717 9,174 Agency CMO 22 3,557 161 Agency notes and bonds 52 121,382 10,274 Treasury notes and bonds 20 63,078 2,561 Muncipal obligations 192 104,118 15,295 Total more than twelve months 379 370,852 37,465 Total securities available for sale 438 $ 427,689 $ 38,329 Securities held to maturity: Continuous loss position more than twelve months: Corporate notes 4 $ 5,296 $ 1,704 Total more than twelve months 4 5,296 1,704 Total held to maturity 4 $ 5,296 $ 1,704 Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) December 31, 2022: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 69 $ 27,561 $ 2,214 Agency CMO 23 6,287 336 Agency notes and bonds 15 35,079 1,314 Treasury notes and bonds 17 31,615 997 Muncipal obligations 154 81,218 5,960 Total less than twelve months 278 181,760 10,821 Continuous loss position more than twelve months: Agency mortgage-backed securities 28 56,303 8,979 Agency CMO 3 257 13 Agency notes and bonds 45 102,902 11,848 Treasury notes and bonds 13 47,117 2,917 Muncipal obligations 98 52,279 12,266 Total more than twelve months 187 258,858 36,023 Total securities available for sale 465 $ 440,618 $ 46,844 Securities held to maturity: Continuous loss position less than twelve months: Corporate notes 3 $ 3,779 $ 1,221 Total less than twelve months 3 3,779 1,221 Continuous loss position more than twelve months: Corporate notes 1 1,532 468 Total more than twelve months 1 1,532 468 Total securities held to maturity 4 $ 5,311 $ 1,689 |
Note 4 - Loans and Allowance _2
Note 4 - Loans and Allowance for Loan Losses (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | March 31, December 31, (In thousands) 2023 2022 (As reclassified) 1-4 Family Residential Mortgage $ 122,675 $ 116,269 Home Equity and Second Mortgage 57,130 57,872 Multifamily Residential 39,656 38,973 1-4 Family Residential Construction 19,071 16,575 Other Construction, Development and Land 49,901 47,632 Commercial Real Estate 161,968 161,362 Commercial Business 67,228 68,066 Other Consumer 54,053 56,768 Principal loan balance 571,682 563,517 Deferred loan origination fees and costs, net 1,217 1,213 Allowance for credit losses (7,323 ) (6,772 ) Loans, net $ 565,576 $ 557,958 |
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block] | Other 1-4 Family Home Equity 1-4 Family Construction, Residential and Second Multifamily Residential Development Commercial Commercial Other Mortgage Mortgage Residential Construction and Land Real Estate Business Consumer Total (In thousands) ACL on Loans: Beginning balance, prior to adoption of ASC 326 $ 1,036 $ 531 $ 346 $ 206 $ 587 $ 2,029 $ 1,156 $ 881 $ 6,772 Impact of adopting ASC 326 423 (26 ) (3 ) (9 ) 13 (130 ) (142 ) 435 561 Provision for credit losses (43 ) (139 ) 38 (10 ) (111 ) 291 220 (53 ) 193 Charge-offs (2 ) - - - - - (155 ) (118 ) (275 ) Recoveries - - - - - - 5 67 72 Ending balance $ 1,414 $ 366 $ 381 $ 187 $ 489 $ 2,190 $ 1,084 $ 1,212 $ 7,323 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ 1 $ - $ - $ - $ - $ 5 $ - $ 6 Collectively evaluated for impairment 1,196 235 387 1,927 994 512 957 6,208 Acquired with deteriorated credit quality 31 - - - - - - 31 Ending balance $ 1,228 $ 235 $ 387 $ 1,927 $ 994 $ 517 $ 957 $ 6,245 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ 155 $ - $ - $ 155 Collectively evaluated for impairment 1,383 265 526 2,031 891 530 991 6,617 Acquired with deteriorated credit quality - - - - - - - - Ending balance $ 1,383 $ 265 $ 526 $ 2,031 $ 1,046 $ 530 $ 991 $ 6,772 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Allowance for loan losses: Beginning balance $ 1,174 $ 234 $ 403 $ 1,884 $ 873 $ 527 $ 988 $ 6,083 Provisions for loan losses 49 1 (16 ) 43 121 (10 ) (13 ) 175 Charge-offs - - - - - - (74 ) (74 ) Recoveries 5 - - - - - 56 61 Ending balance $ 1,228 $ 235 $ 387 $ 1,927 $ 994 $ 517 $ 957 $ 6,245 |
Financing Receivable, Collateral Dependent Loans [Table Text Block] | Real ACL Estate Other Total Allocation 1-4 Family Residential Mortgage $ 1,062 $ - $ 1,062 $ 12 Home Equity and Second Mortgage 344 - 344 2 Multifamily Residential - - - - 1-4 Family Residential Construction - - - - Other Construction, Development and Land 52 - 52 - Commercial Real Estate 1,128 - 1,128 - Commercial Business - 162 162 - Other Consumer - - - - $ 2,586 $ 162 $ 2,748 $ 14 |
Financing Receivable, Nonaccrual [Table Text Block] | Loans 90+ Days Total Nonaccrual Loans Total Past Due Nonperforming with No ACL (1) Nonaccrual Still Accruing Loans (In thousands) 1-4 Family Residential Mortgage $ 766 $ 804 $ - $ 804 Home Equity and Second Mortgage 274 344 - 344 Multifamily Residential - - - - 1-4 Family Residential Construction - - - - Other Construction, Development and Land 52 52 - 52 Commercial Real Estate 33 33 - 33 Commercial Business - 27 - 27 Other Consumer - - - - Total $ 1,125 $ 1,260 $ - $ 1,260 December 31, 2022 Loans 90+ Days Total Nonaccrual Past Due Nonperforming Loans Still Accruing Loans (In thousands) Residential $ 744 $ 83 $ 827 Land 51 - 51 Construction - - - Commercial real estate 81 - 81 Commercial business 155 - 155 Home equity and second mortgage 372 - 372 Other consumer - 4 4 Total $ 1,403 $ 87 $ 1,490 |
Financing Receivable, Past Due [Table Text Block] | 30-59 Days 60-89 Days 90 Days or More Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) 1-4 Family Residential Mortgage $ 2,114 $ - $ 384 $ 2,498 $ 120,304 $ 122,802 Home Equity and Second Mortgage 638 - 70 708 57,632 58,340 Multifamily Residential - - - - 39,642 39,642 1-4 Family Residential Construction - - - - 19,071 19,071 Other Construction, Development and Land 50 - 52 102 49,796 49,898 Commercial Real Estate 58 - - 58 161,819 161,877 Commercial Business 14 200 - 214 67,002 67,216 Other Consumer 213 48 - 261 53,792 54,053 Total $ 3,087 $ 248 $ 506 $ 3,841 $ 569,058 $ 572,899 Purchased 30-59 Days 60-89 Days 90 Days or More Total Credit Total Past Due Past Due Past Due Past Due Current Impaired Loans Loans (In thousands) Residential $ 2,229 $ 226 $ 543 $ 2,998 $ 152,654 $ 286 $ 155,938 Land 119 - 51 170 21,827 - 21,997 Construction - - - - 42,364 - 42,364 Commercial real estate - - - - 161,675 - 161,675 Commercial business - - 155 155 60,821 - 60,976 Home equity and second mortgage 206 278 93 577 58,756 - 59,333 Other consumer 211 72 4 287 63,978 - 64,265 Total $ 2,765 $ 576 $ 846 $ 4,187 $ 562,075 $ 286 $ 566,548 |
Financing Receivable Credit Quality Indicators [Table Text Block] | Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) 1-4 Family Residential Mortgage Pass $ 9,390 $ 34,819 $ 30,244 $ 7,916 $ 10,734 $ 28,638 $ - $ 121,741 Special Mention - - - - - - - - Substandard - - - - - 257 - 257 Doubtful - 19 175 - - 610 - 804 $ 9,390 $ 34,838 $ 30,419 $ 7,916 $ 10,734 $ 29,505 $ - $ 122,802 Current period gross write-offs $ - $ - $ 2 $ - $ - $ - $ - $ 2 Home Equity and Second Mortgage Pass $ 751 $ 5,111 $ 593 $ 273 $ 255 $ 518 $ 50,495 $ 57,996 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - 274 - 70 344 $ 751 $ 5,111 $ 593 $ 273 $ 529 $ 518 $ 50,565 $ 58,340 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Multifamily Residential Pass $ 1,557 $ 10,726 $ 9,940 $ 8,134 $ 4,469 $ 4,816 $ - $ 39,642 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - $ 1,557 $ 10,726 $ 9,940 $ 8,134 $ 4,469 $ 4,816 $ - $ 39,642 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - 1-4 Family Residential Construction Pass $ 2,306 $ 12,362 $ 3,082 $ - $ - $ 1,321 $ - $ 19,071 Special Mention - - - - - - - - Substandard - - - - - - - - Doubtful - - - - - - - - $ 2,306 $ 12,362 $ 3,082 $ - $ - $ 1,321 $ - $ 19,071 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Other Construction, Development and Land Pass $ 3,580 $ 26,348 $ 11,714 $ 2,954 $ 1,325 $ 3,875 $ - $ 49,796 Special Mention - - - - - 50 - 50 Substandard - - - - - - - - Doubtful - - - - - 52 - 52 $ 3,580 $ 26,348 $ 11,714 $ 2,954 $ 1,325 $ 3,977 $ - $ 49,898 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial Real Estate Pass $ 3,272 $ 40,200 $ 27,946 $ 22,097 $ 19,413 $ 44,777 $ 2,294 $ 159,999 Special Mention - - - 179 427 65 79 750 Substandard - - - 237 - 858 - 1,095 Doubtful - - - - - 33 - 33 $ 3,272 $ 40,200 $ 27,946 $ 22,513 $ 19,840 $ 45,733 $ 2,373 $ 161,877 Current period gross write-offs $ - $ - $ - $ - $ - $ - $ - $ - Term Loans Amortized Cost Basis by Origination Year 2023 2022 2021 2020 2019 Prior Revolving Total (In thousands) Commercial Business Pass $ 5,459 $ 17,812 $ 13,160 $ 6,586 $ 6,735 $ 4,340 $ 12,672 $ 66,764 Special Mention - 31 22 - 168 4 38 263 Substandard - - - - 48 - 114 162 Doubtful - - - 27 - - - 27 $ 5,459 $ 17,843 $ 13,182 $ 6,613 $ 6,951 $ 4,344 $ 12,824 $ 67,216 Current period gross write-offs $ - $ 155 $ - $ - $ - $ - $ - $ 155 Other Consumer Pass $ 6,502 $ 20,535 $ 11,963 $ 4,649 $ 2,136 $ 6,146 $ 2,068 $ 53,999 Special Mention - - - - - - - - Substandard - - - - - - 54 54 Doubtful - - - - - - - - $ 6,502 $ 20,535 $ 11,963 $ 4,649 $ 2,136 $ 6,146 $ 2,122 $ 54,053 Current period gross write-offs $ - $ 18 $ 23 $ 10 $ 6 $ 32 $ 29 $ 118 Total Loans Pass $ 32,817 $ 167,913 $ 108,642 $ 52,609 $ 45,067 $ 94,431 $ 67,529 $ 569,008 Special Mention - 31 22 179 595 119 117 1,063 Substandard - - - 237 48 1,115 168 1,568 Doubtful - 19 175 27 274 695 70 1,260 $ 32,817 $ 167,963 $ 108,839 $ 53,052 $ 45,984 $ 96,360 $ 67,884 $ 572,899 Current period gross write-offs $ - $ 173 $ 25 $ 10 $ 6 $ 32 $ 29 $ 275 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Pass $ 154,429 $ 21,827 $ 42,364 $ 159,842 $ 60,261 $ 58,937 $ 64,149 $ 561,809 Special Mention - 60 - 679 388 - 116 1,243 Substandard 765 59 - 1,073 172 24 - 2,093 Doubtful 744 51 - 81 155 372 - 1,403 Loss - - - - - - - - Total $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 |
Impaired Financing Receivables [Table Text Block] | At March 31, 2022 Three Months Ended March 31, 2022 Unpaid Average Interest Recorded Principal Related Recorded Income Investment Balance Allowance Investment Recognized (In thousands) Loans with no related allowance recorded: Residential $ 796 $ 926 $ - $ 915 $ 5 Land 102 104 - 102 - Construction - - - - - Commercial real estate 599 616 - 651 6 Commercial business 167 166 - 171 2 Home equity and second mortgage - - - 8 - Other consumer - - - - - 1,664 1,812 - 1,847 13 Loans with an allowance recorded: Residential 28 28 1 14 - Land - - - - - Construction - - - - - Commercial real estate - - - - - Commercial business - - - - - Home equity and second mortgage 287 297 5 288 - Other consumer - - - - - 315 325 6 302 - Total: Residential 824 954 1 929 5 Land 102 104 - 102 - Construction - - - - - Commercial real estate 599 616 - 651 6 Commercial business 167 166 - 171 2 Home equity and second mortgage 287 297 5 296 - Other consumer - - - - - $ 1,979 $ 2,137 $ 6 $ 2,149 $ 13 Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential $ 854 $ 996 $ - Land 51 51 - Construction - - - Commercial real estate 463 484 - Commercial business 40 40 - Home equity and second mortgage 372 389 - Other consumer - - - $ 1,780 $ 1,960 $ - Loans with an allowance recorded: Residential $ - $ - $ - Land - - - Construction - - - Commercial real estate - - - Commercial business 155 155 155 Home equity and second mortgage - - - Other consumer - - - $ 155 $ 155 $ 155 Total: Residential $ 854 $ 996 $ - Land 51 51 - Construction - - - Commercial real estate 463 484 - Commercial business 195 195 155 Home equity and second mortgage 372 389 - Other consumer - - - $ 1,935 $ 2,115 $ 155 |
Financing Receivable [Member] | |
Notes Tables | |
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | Other 1-4 Family Home Equity 1-4 Family Construction, Residential and Second Multifamily Residential Development Commercial Commercial Other Mortgage Mortgage Residential Construction and Land Real Estate Business Consumer Total (In thousands) Amortized Cost Basis in Loans: Principal loan balance $ 122,675 $ 57,130 $ 39,656 $ 19,071 $ 49,901 $ 161,968 $ 67,228 $ 54,053 $ 571,682 Net deferred loan origination fees and costs 127 1,210 (14 ) - (3 ) (91 ) (12 ) - 1,217 Amortized cost basis in loans $ 122,802 $ 58,340 $ 39,642 $ 19,071 $ 49,898 $ 161,877 $ 67,216 $ 54,053 $ 572,899 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 137,762 $ 19,489 $ 31,702 $ 148,492 $ 58,031 $ 55,893 $ 59,670 $ 511,039 Accrued interest receivable 468 103 74 300 163 166 199 1,473 Net deferred loan origination fees and costs 99 13 (11 ) (72 ) (21 ) 1,148 - 1,156 Recorded investment in loans $ 138,329 $ 19,605 $ 31,765 $ 148,720 $ 58,173 $ 57,207 $ 59,869 $ 513,668 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 824 $ 102 $ - $ 599 $ 167 $ 287 $ - $ 1,979 Collectively evaluated for impairment 137,236 19,503 31,765 148,113 58,006 56,920 59,869 511,412 Acquired with deteriorated credit quality 269 - - 8 - - - 277 Ending balance $ 138,329 $ 19,605 $ 31,765 $ 148,720 $ 58,173 $ 57,207 $ 59,869 $ 513,668 Home Equity Residential Commercial Commercial and Second Other Real Estate Land Construction Real Estate Business Mortgage Consumer Total (In thousands) Recorded Investment in Loans: Principal loan balance $ 155,334 $ 21,860 $ 42,271 $ 161,425 $ 60,817 $ 57,781 $ 64,029 $ 563,517 Accrued interest receivable 493 123 105 343 170 348 236 1,818 Net deferred loan origination fees and costs 111 14 (12 ) (93 ) (11 ) 1,204 - 1,213 Recorded investment in loans $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 Recorded Investment in Loans as Evaluated for Impairment: Individually evaluated for impairment $ 854 $ 51 $ - $ 463 $ 195 $ 372 $ - $ 1,935 Collectively evaluated for impairment 154,798 21,946 42,364 161,212 60,781 58,961 64,265 564,327 Acquired with deteriorated credit quality 286 - - - - - - 286 Ending balance $ 155,938 $ 21,997 $ 42,364 $ 161,675 $ 60,976 $ 59,333 $ 64,265 $ 566,548 |
Note 6 - Supplemental Disclos_2
Note 6 - Supplemental Disclosure for Earnings Per Share (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | Three Months Ended March 31, 2023 2022 (Dollars in thousands, except per share data) Basic Earnings: Net income attributable to First Capital, Inc. $ 3,816 $ 2,527 Shares: Weighted average common shares outstanding 3,353,623 3,350,745 Net income attributable to First Capital, Inc. per common share, basic $ 1.14 $ 0.75 Diluted Earnings: Net income attributable to First Capital, Inc. $ 3,816 $ 2,527 Shares: Weighted average common shares outstanding 3,353,623 3,350,745 Add: Dilutive effect of restricted stock - - Weighted average common shares outstanding, as adjusted 3,353,623 3,350,745 Net income attributable to First Capital, Inc. per common share, diluted $ 1.14 $ 0.75 |
Note 7 - Stock-based Compensa_2
Note 7 - Stock-based Compensation Plans (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block] | Weighted Number Average of Grant Date Shares Fair Value Nonvested at January 1, 2023 12,550 $ 57.07 Granted - - Vested - - Forfeited - - Nonvested at March 31, 2023 12,550 $ 57.07 |
Note 8 - Supplemental Disclos_2
Note 8 - Supplemental Disclosures of Cash Flow Information (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] | Three Months Ended March 31, 2023 2022 (In thousands) Cash payments for: Interest $ 900 $ 275 Taxes (net of refunds received) - - |
Note 9 - Fair Value Measureme_2
Note 9 - Fair Value Measurements (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] | Carrying Value (In thousands) Level 1 Level 2 Level 3 Total March 31, 2023 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ - $ 82,306 $ - $ 82,306 Agency CMO - 8,947 - 8,947 Agency notes and bonds - 141,424 - 141,424 Treasury notes and bonds - 79,811 - 79,811 Municipal obligations - 157,602 - 157,602 Total securities available for sale $ - $ 470,090 $ - $ 470,090 Equity securities $ 1,604 $ - $ - 1,604 Assets Measured on a Nonrecurring Basis Collateral dependent loans: 1-4 Family Residential Mortgage $ - $ - $ 26 $ 26 Home Equity and Second Mortgage - - 68 68 Total collateral dependent loans $ - $ - $ 94 $ 94 December 31, 2022 Assets Measured on a Recurring Basis Securities available for sale: Agency mortgage-backed securities $ - $ 83,863 $ - $ 83,863 Agency CMO - 9,353 - 9,353 Agency notes and bonds - 137,981 - 137,981 Treasury notes and bonds - 78,732 - 78,732 Municipal obligations - 150,890 - 150,890 Total securities available for sale $ - $ 460,819 $ - $ 460,819 Equity securities $ 1,467 $ - $ - 1,467 |
Fair Value, by Balance Sheet Grouping [Table Text Block] | Carrying Fair Fair Value Measurements Using (In thousands) Value Value Level 1 Level 2 Level 3 March 31, 2023: Financial assets: Cash and cash equivalents $ 35,881 $ 35,881 $ 35,881 $ - $ - Interest-bearing time deposits 3,676 3,652 - 3,652 - Securities available for sale 470,090 470,090 - 470,090 - Securities held to maturity 7,000 5,296 - 5,296 - Loans held for sale 576 587 - 587 - Loans, net 565,576 567,198 - - 567,198 FHLB and other restricted stock 1,836 N/A N/A N/A N/A Accrued interest receivable 4,156 4,156 - 4,156 - Equity securities (included in other assets) 1,604 1,604 1,604 - - Financial liabilities: Deposits 1,035,450 1,033,446 - - 1,033,446 Accrued interest payable 218 218 - 218 - December 31, 2022: Financial assets: Cash and cash equivalents $ 66,298 $ 66,298 $ 66,298 $ - $ - Interest-bearing time deposits 3,677 3,638 - 3,638 - Securities available for sale 460,819 460,819 - 460,819 - Securities held to maturity 7,000 5,311 - 5,311 - Loans held for sale 793 803 - 803 - Loans, net 557,958 554,634 - - 554,634 FHLB and other restricted stock 1,836 N/A N/A N/A N/A Accrued interest receivable 4,285 4,285 - 4,285 - Equity securities (included in other assets) 1,467 1,467 1,467 - - Financial liabilities: Deposits 1,060,396 1,058,122 - - 1,058,122 Accrued interest payable 123 123 - 123 - |
Note 10 - Revenue from Contra_2
Note 10 - Revenue from Contracts With Customers (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Tables | |
Disaggregation of Revenue [Table Text Block] | Three Months Ended March 31, 2023 2022 (In thousands) Service charges on deposit accounts $ 562 $ 509 ATM and debit card fees 1,087 1,007 Investment advisory income 12 122 Other 33 32 Revenue from contracts with customers 1,694 1,670 Net gains on loans and investments 223 398 Increase in cash value of life insurance 45 50 Other 29 29 Other noninterest income 297 477 Total noninterest income $ 1,991 $ 2,147 |
Note 2 - Recent Accounting Pr_3
Note 2 - Recent Accounting Pronouncements (Details Textual) - USD ($) | Mar. 31, 2023 | Jan. 01, 2023 | Dec. 31, 2022 |
Retained Earnings (Accumulated Deficit) | $ 90,845,000 | $ 88,465,000 | |
Accrued Interest Receivable [Member] | |||
Financing Receivable, Accrued Interest, after Allowance for Credit Loss | 1,900,000 | ||
Unfunded Loan Commitment [Member] | |||
Off-Balance-Sheet, Credit Loss, Liability | 131,000 | ||
Debt Securities, Available-for-Sale [Member] | Accrued Interest Receivable [Member] | |||
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss | 2,200,000 | ||
Debt Securities, Available-for-Sale [Member] | Debt Securities, Held-to-Maturity [Member] | |||
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss | $ 18,000 | ||
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Financing Receivable, Allowance for Credit Loss | $ 561,000 | ||
Retained Earnings (Accumulated Deficit) | (529,000) | ||
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | Unfunded Loan Commitment [Member] | |||
Off-Balance-Sheet, Credit Loss, Liability | $ 131,000 |
Note 2 - Recent Accounting Pr_4
Note 2 - Recent Accounting Pronouncements - Impact on Segment Expansion (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Jan. 01, 2023 | Dec. 31, 2022 | Mar. 31, 2022 |
Financing Receivable, amortized cost | $ 572,899 | $ 566,548 | $ 513,668 | |
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | $ 0 | |||
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 564,730 | |||
Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 564,730 | |||
Residential Portfolio Segment [Member] | Residential Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | (155,445) | |||
Residential Portfolio Segment [Member] | Residential Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Residential Portfolio Segment [Member] | Residential Loan [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 155,445 | |||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | ||||
Financing Receivable, amortized cost | 122,802 | |||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 116,392 | |||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 116,392 | |||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | ||||
Financing Receivable, amortized cost | 39,642 | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 38,962 | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 38,962 | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||||
Financing Receivable, amortized cost | 58,340 | 59,333 | 57,207 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 92 | |||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 59,077 | |||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 58,985 | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | ||||
Financing Receivable, amortized cost | 64,265 | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | (7,262) | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 56,767 | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 64,029 | |||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||||
Financing Receivable, amortized cost | 161,877 | |||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | (62) | |||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 161,270 | |||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 161,332 | |||
Construction [Member] | Construction Loans [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | (42,259) | |||
Construction [Member] | Construction Loans [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Construction [Member] | Construction Loans [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 42,259 | |||
Construction [Member] | Land Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | (21,874) | |||
Construction [Member] | Land Loan [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Construction [Member] | Land Loan [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 21,874 | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | ||||
Financing Receivable, amortized cost | 19,071 | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 16,575 | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 16,575 | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Construction [Member] | Other Construction, Development and Land [Member] | ||||
Financing Receivable, amortized cost | 49,898 | |||
Construction [Member] | Other Construction, Development and Land [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 47,633 | |||
Construction [Member] | Other Construction, Development and Land [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | 47,633 | |||
Construction [Member] | Other Construction, Development and Land [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | 0 | |||
Commercial Portfolio Segment [Member] | ||||
Financing Receivable, amortized cost | 60,976 | $ 58,173 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | ||||
Financing Receivable, amortized cost | $ 67,216 | |||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | ||||
Financing Receivable, amortized cost | 7,248 | |||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | ||||
Financing Receivable, amortized cost | $ 68,054 | |||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Previously Reported [Member] | Accounting Standards Update 2016-13 [Member] | ||||
Financing Receivable, amortized cost | $ 60,806 |
Note 3 - Investment Securitie_2
Note 3 - Investment Securities (Details Textual) - USD ($) | 1 Months Ended | 3 Months Ended | |||
Mar. 31, 2022 | Sep. 30, 2018 | Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Debt Securities, Available-for-Sale and Held-to-Maturity, Allowance for Credit Loss | $ 0 | ||||
Available-for-Sale, Securities in Unrealized Loss Positions, Depreciation from Amortized Cost Percentage | 8.20% | ||||
Held-to-maturity, Securities in Unrealized Loss Positions, Depreciation from Amortized Cost Percentage | 24.30% | ||||
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total | $ 0 | ||||
Proceeds from Sale of Debt Securities, Available-for-Sale | 0 | $ 0 | |||
Investment, Number of Shares Acquired (in shares) | 90,000 | ||||
Investment Ownership Percentage | 5% | ||||
Payments to Acquire Other Investments | $ 1,900,000 | ||||
Equity Securities, FV-NI, Unrealized Gain (Loss) | 137,000 | $ 63,000 | |||
Equity Securities, FV-NI, Current | 1,600,000 | $ 1,500,000 | |||
Limited Partnership Interest, Technology Fund [Member] | |||||
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | $ 0 | 0 | |||
Limited Partnership Interest, Technology Fund [Member] | Other Assets [Member] | |||||
Equity Securities without Readily Determinable Fair Value, Amount | 1,000,000 | 1 | |||
Limited Partnership Interest, Technology Fund [Member] | Other Liabilities [Member] | |||||
Investment Company, Financial Support to Investee Contractually Required, Not Provided, Amount | $ 680,000 | $ 780,000 |
Note 3 - Investment Securitie_3
Note 3 - Investment Securities - Investment Securities (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Securities available for sale, amortized cost | $ 507,922 | $ 507,466 |
Securities available for sale, gross unrealized gains | 497 | 197 |
Securities available for sale, gross unrealized losses | 38,329 | 46,844 |
Securities available for sale, at fair value | 470,090 | 460,819 |
Securities held to maturity, amortized cost | 7,000 | 7,000 |
Securities held to maturity, gross unrealized gains | 0 | 0 |
Securities held to maturity, gross unrealized losses | 1,704 | 1,689 |
Securities held to maturity, fair value | 5,296 | 5,311 |
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale, amortized cost | 91,600 | 95,056 |
Securities available for sale, gross unrealized gains | 0 | 0 |
Securities available for sale, gross unrealized losses | 9,294 | 11,193 |
Securities available for sale, at fair value | 82,306 | 83,863 |
Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale, amortized cost | 9,117 | 9,682 |
Securities available for sale, gross unrealized gains | 53 | 20 |
Securities available for sale, gross unrealized losses | 223 | 349 |
Securities available for sale, at fair value | 8,947 | 9,353 |
US Government Agencies Debt Securities [Member] | ||
Securities available for sale, amortized cost | 151,901 | 151,143 |
Securities available for sale, gross unrealized gains | 18 | 0 |
Securities available for sale, gross unrealized losses | 10,495 | 13,162 |
Securities available for sale, at fair value | 141,424 | 137,981 |
US Treasury and Government [Member] | ||
Securities available for sale, amortized cost | 82,638 | 82,646 |
Securities available for sale, gross unrealized gains | 0 | 0 |
Securities available for sale, gross unrealized losses | 2,827 | 3,914 |
Securities available for sale, at fair value | 79,811 | 78,732 |
Municipal Notes [Member] | ||
Securities available for sale, amortized cost | 172,666 | 168,939 |
Securities available for sale, gross unrealized gains | 426 | 177 |
Securities available for sale, gross unrealized losses | 15,490 | 18,226 |
Securities available for sale, at fair value | 157,602 | 150,890 |
Corporate Note Securities [Member] | ||
Securities held to maturity, amortized cost | 7,000 | 7,000 |
Securities held to maturity, gross unrealized gains | 0 | 0 |
Securities held to maturity, gross unrealized losses | 1,704 | 1,689 |
Securities held to maturity, fair value | $ 5,296 | $ 5,311 |
Note 3 - Investment Securitie_4
Note 3 - Investment Securities - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Securities available for sale, amortized cost, due in one year or less | $ 45,936 | |
Securities available for sale, fair value, due in one year or less | 45,056 | |
Securities held to maturity, amortized cost, due in one year or less | 0 | |
Securities held to maturity, fair value, due in one year or less | 0 | |
Securities available for sale, amortized cost, due after one year through five years | 213,953 | |
Securities available for sale, fair value, due after one year through five years | 200,774 | |
Securities held to maturity, amortized cost, due after one year through five years | 0 | |
Securities held to maturity, fair value, due after one year through five years | 0 | |
Securities available for sale, amortized cost, due after five years through ten years | 41,376 | |
Securities available for sale, fair value, due after five years through ten years | 39,120 | |
Securities held to maturity, amortized cost, due after five years through ten years | 2,000 | |
Securities held to maturity, fair value, due after five years through ten years | 1,520 | |
Securities available for sale, amortized cost, due after ten years | 105,940 | |
Securities available for sale, fair value, due after ten years | 93,887 | |
Securities held to maturity, amortized cost, due after ten years | 5,000 | |
Securities held to maturity, fair value, due after ten years | 3,776 | |
Securities available for sale, amortized cost, single maturity | 407,205 | |
Securities available for sale, fair value, single maturity | 378,837 | |
Securities held to maturity, amortized cost, single maturity | 7,000 | |
Securities held to maturity, fair value, single maturity | 5,296 | |
Mortgage-backed securities and CMO, amortized cost | 100,717 | |
Mortgage-backed securities and CMO, fair value | 91,253 | |
Mortgage-backed securities and CMO, amortized cost | 0 | |
Mortgage-backed securities and CMO, fair value | 0 | |
Securities available for sale, amortized cost | 507,922 | $ 507,466 |
Securities available for sale, fair value | 470,090 | 460,819 |
Securities held to maturity, amortized cost | 7,000 | 7,000 |
Securities held to maturity, fair value | $ 5,296 | $ 5,311 |
Note 3 - Investment Securitie_5
Note 3 - Investment Securities - Investment Securities Continuous Unrealized Loss Position (Details) $ in Thousands | Mar. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) |
Number of investment positions - less than twelve months, available for sale | 59 | 278 |
Fair value - less than twelve months, available for sale | $ 56,837 | $ 181,760 |
Gross unrealized losses - less than twelve months, available for sale | $ 864 | $ 10,821 |
Number of investment positions - more than twelve months , available for sale | 379 | 187 |
Fair value - more than twelve months, available for sale | $ 370,852 | $ 258,858 |
Gross unrealized losses - more than twelve months, available for sale | $ 37,465 | $ 36,023 |
Number of investment positions, available for sale | 438 | 465 |
Fair value, available for sale | $ 427,689 | $ 440,618 |
Gross unrealized losses, available for sale | 38,329 | $ 46,844 |
Number of investment positions - less than twelve months, held to maturity | 3 | |
Fair value - less than twelve months, held to maturity | $ 3,779 | |
Gross unrealized losses - less than twelve months, held to maturity | 1,221 | |
Fair value - more than twelve months, held to maturity | 5,296 | 1,532 |
Gross unrealized losses - more than twelve months, held to maturity | $ 1,704 | $ 468 |
Number of investment positions, held to maturity | 4 | 4 |
Fair value, held to maturity | $ 5,296 | $ 5,311 |
Gross unrealized losses, held to maturity | 1,704 | 1,689 |
Gross unrealized losses, held to maturity | $ 1,704 | $ 1,689 |
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Number of investment positions - less than twelve months, available for sale | 4 | 69 |
Fair value - less than twelve months, available for sale | $ 3,589 | $ 27,561 |
Gross unrealized losses - less than twelve months, available for sale | $ 120 | $ 2,214 |
Number of investment positions - more than twelve months , available for sale | 93 | 28 |
Fair value - more than twelve months, available for sale | $ 78,717 | $ 56,303 |
Gross unrealized losses - more than twelve months, available for sale | $ 9,174 | $ 8,979 |
Agency Collateralized Mortgage Obligations [Member] | ||
Number of investment positions - less than twelve months, available for sale | 3 | 23 |
Fair value - less than twelve months, available for sale | $ 2,604 | $ 6,287 |
Gross unrealized losses - less than twelve months, available for sale | $ 62 | $ 336 |
Number of investment positions - more than twelve months , available for sale | 22 | 3 |
Fair value - more than twelve months, available for sale | $ 3,557 | $ 257 |
Gross unrealized losses - more than twelve months, available for sale | $ 161 | $ 13 |
US Government Agencies Debt Securities [Member] | ||
Number of investment positions - less than twelve months, available for sale | 6 | 15 |
Fair value - less than twelve months, available for sale | $ 16,797 | $ 35,079 |
Gross unrealized losses - less than twelve months, available for sale | $ 221 | $ 1,314 |
Number of investment positions - more than twelve months , available for sale | 52 | 45 |
Fair value - more than twelve months, available for sale | $ 121,382 | $ 102,902 |
Gross unrealized losses - more than twelve months, available for sale | $ 10,274 | $ 11,848 |
US Treasury and Government [Member] | ||
Number of investment positions - less than twelve months, available for sale | 10 | 17 |
Fair value - less than twelve months, available for sale | $ 16,734 | $ 31,615 |
Gross unrealized losses - less than twelve months, available for sale | $ 266 | $ 997 |
Number of investment positions - more than twelve months , available for sale | 20 | 13 |
Fair value - more than twelve months, available for sale | $ 63,078 | $ 47,117 |
Gross unrealized losses - more than twelve months, available for sale | $ 2,561 | $ 2,917 |
US States and Political Subdivisions Debt Securities [Member] | ||
Number of investment positions - less than twelve months, available for sale | 36 | 154 |
Fair value - less than twelve months, available for sale | $ 17,113 | $ 81,218 |
Gross unrealized losses - less than twelve months, available for sale | $ 195 | $ 5,960 |
Municipal Notes [Member] | ||
Number of investment positions - more than twelve months , available for sale | 192 | 98 |
Fair value - more than twelve months, available for sale | $ 104,118 | $ 52,279 |
Gross unrealized losses - more than twelve months, available for sale | $ 15,295 | $ 12,266 |
Corporate Note Securities [Member] | ||
Number of investment positions - less than twelve months, held to maturity | 4 | 3 |
Fair value - less than twelve months, held to maturity | $ 5,296 | $ 3,779 |
Gross unrealized losses - less than twelve months, held to maturity | $ 1,704 | $ 1,221 |
Number of investment positions - more than twelve months, held to maturity | 4 | 1 |
Fair value - more than twelve months, held to maturity | $ 1,532 | |
Gross unrealized losses - more than twelve months, held to maturity | $ 468 |
Note 4 - Loans and Allowance _3
Note 4 - Loans and Allowance for Loan Losses (Details Textual) Pure in Thousands | 3 Months Ended | 12 Months Ended | ||||
Mar. 31, 2023 USD ($) | Mar. 31, 2023 USD ($) | Mar. 31, 2022 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2021 USD ($) | |
Mortgage Loans in Process of Foreclosure, Amount | $ 0 | $ 0 | ||||
Interest Receivable | 4,156,000 | 4,156,000 | $ 4,285,000 | |||
Financing Receivable, Nonaccrual | 1,260,000 | 1,260,000 | ||||
Financing Receivable, Nonaccrual, Interest Income | 0 | |||||
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend | 0 | 0 | 0 | |||
Financing Receivable, Modifications, Number of Contracts | 0 | |||||
Financing Receivables, Troubled Debt Restructuring, Write-down | $ 0 | |||||
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts | 0 | |||||
Impaired Financing Receivable, Interest Income, Cash Basis Method | $ 0 | |||||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 565,576,000 | 565,576,000 | 557,958,000 | |||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 7,323,000 | 7,323,000 | 6,245,000 | 6,772,000 | $ 6,772,000 | $ 6,083,000 |
Unfunded Loan Commitment [Member] | ||||||
Off-Balance-Sheet, Credit Loss, Liability | 131,000 | 131,000 | ||||
Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal) | 0 | |||||
Financial Asset Acquired with Credit Deterioration [Member] | ||||||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 242,000 | 242,000 | 244,000 | |||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | $ 31,000 | 0 | $ 0 | |
Accrued Interest Receivable [Member] | ||||||
Interest Receivable | 1,900,000 | $ 1,900,000 | ||||
Residential Real Estate [Member] | ||||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure | $ 104,000 | |||||
Residential Portfolio Segment [Member] | ||||||
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Foreclosure | $ 382,000 |
Note 4 - Loans and Allowance _4
Note 4 - Loans and Allowance for Loan Losses - Loans (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 | Dec. 31, 2021 |
Principal loan balance | $ 571,682 | $ 563,517 | |||
Deferred loan origination fees and costs, net | 1,217 | 1,213 | $ 1,156 | ||
Allowance for credit losses | $ (6,772) | (7,323) | (6,772) | (6,245) | $ (6,083) |
Loans, net | 565,576 | 557,958 | |||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||||
Principal loan balance | 122,675 | 116,269 | |||
Deferred loan origination fees and costs, net | 127 | ||||
Allowance for credit losses | (1,414) | (1,036) | |||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||||
Principal loan balance | 57,130 | 57,872 | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | |||||
Principal loan balance | 39,656 | 38,973 | |||
Deferred loan origination fees and costs, net | (14) | ||||
Allowance for credit losses | (381) | (346) | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | |||||
Principal loan balance | 19,071 | 16,575 | |||
Deferred loan origination fees and costs, net | 0 | ||||
Allowance for credit losses | (187) | (206) | |||
Construction [Member] | Other Construction, Development and Land [Member] | |||||
Principal loan balance | 49,901 | 47,632 | |||
Deferred loan origination fees and costs, net | (3) | ||||
Allowance for credit losses | (489) | (587) | |||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||||
Principal loan balance | 161,968 | 161,362 | |||
Deferred loan origination fees and costs, net | (91) | ||||
Consumer Portfolio Segment [Member] | |||||
Allowance for credit losses | (957) | (988) | |||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||||
Deferred loan origination fees and costs, net | 1,210 | 1,204 | 1,148 | ||
Allowance for credit losses | (530) | (366) | (531) | (517) | $ (527) |
Consumer Portfolio Segment [Member] | Commercial Business [Member] | |||||
Principal loan balance | 67,228 | 68,066 | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||||
Principal loan balance | 54,053 | 56,768 | |||
Allowance for credit losses | $ (991) | $ (1,212) | $ (881) | $ (957) |
Note 4 - Loans and Allowance _5
Note 4 - Loans and Allowance for Loan Losses - Recorded Investments in Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 |
Principal loan balance | $ 571,682 | $ 563,517 | $ 511,039 |
Deferred loan origination fees and costs, net | 1,217 | 1,213 | 1,156 |
Financing Receivable, amortized cost | 572,899 | 566,548 | 513,668 |
Principal loan balance | 571,682 | 563,517 | 511,039 |
Accrued interest receivable | 1,818 | 1,473 | |
Net deferred loan origination fees and costs | 1,217 | 1,213 | 1,156 |
Recorded investment in loans | 572,899 | 566,548 | 513,668 |
Individually evaluated for impairment | 1,935 | 1,979 | |
Collectively evaluated for impairment | 564,327 | 511,412 | |
Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 286 | 277 | |
Recorded investment in loans | 286 | 277 | |
Commercial Portfolio Segment [Member] | |||
Principal loan balance | 60,817 | 58,031 | |
Deferred loan origination fees and costs, net | (11) | (21) | |
Financing Receivable, amortized cost | 60,976 | 58,173 | |
Principal loan balance | 60,817 | 58,031 | |
Accrued interest receivable | 170 | 163 | |
Net deferred loan origination fees and costs | (11) | (21) | |
Recorded investment in loans | 60,976 | 58,173 | |
Individually evaluated for impairment | 195 | 167 | |
Collectively evaluated for impairment | 60,781 | 58,006 | |
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 0 | |
Recorded investment in loans | 0 | 0 | |
Real Estate Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | |||
Principal loan balance | 155,334 | 137,762 | |
Deferred loan origination fees and costs, net | 111 | 99 | |
Financing Receivable, amortized cost | 155,938 | 138,329 | |
Principal loan balance | 155,334 | 137,762 | |
Accrued interest receivable | 493 | 468 | |
Net deferred loan origination fees and costs | 111 | 99 | |
Recorded investment in loans | 155,938 | 138,329 | |
Individually evaluated for impairment | 854 | 824 | |
Collectively evaluated for impairment | 154,798 | 137,236 | |
Real Estate Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 286 | 269 | |
Recorded investment in loans | 286 | 269 | |
Land Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | |||
Principal loan balance | 21,860 | 19,489 | |
Deferred loan origination fees and costs, net | 14 | 13 | |
Financing Receivable, amortized cost | 21,997 | 19,605 | |
Principal loan balance | 21,860 | 19,489 | |
Accrued interest receivable | 123 | 103 | |
Net deferred loan origination fees and costs | 14 | 13 | |
Recorded investment in loans | 21,997 | 19,605 | |
Individually evaluated for impairment | 51 | 102 | |
Collectively evaluated for impairment | 21,946 | 19,503 | |
Land Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 0 | |
Recorded investment in loans | 0 | 0 | |
Construction Loans [Member] | Real Estate Mortgage Portfolio Segment [Member] | |||
Principal loan balance | 42,271 | 31,702 | |
Deferred loan origination fees and costs, net | (12) | (11) | |
Financing Receivable, amortized cost | 42,364 | 31,765 | |
Principal loan balance | 42,271 | 31,702 | |
Accrued interest receivable | 105 | 74 | |
Net deferred loan origination fees and costs | (12) | (11) | |
Recorded investment in loans | 42,364 | 31,765 | |
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 42,364 | 31,765 | |
Construction Loans [Member] | Real Estate Mortgage Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 0 | |
Recorded investment in loans | 0 | 0 | |
Commercial Real Estate Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | |||
Principal loan balance | 161,425 | 148,492 | |
Deferred loan origination fees and costs, net | (93) | (72) | |
Financing Receivable, amortized cost | 161,675 | 148,720 | |
Principal loan balance | 161,425 | 148,492 | |
Accrued interest receivable | 343 | 300 | |
Net deferred loan origination fees and costs | (93) | (72) | |
Recorded investment in loans | 161,675 | 148,720 | |
Individually evaluated for impairment | 463 | 599 | |
Collectively evaluated for impairment | 161,212 | 148,113 | |
Commercial Real Estate Loan [Member] | Real Estate Mortgage Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 8 | |
Recorded investment in loans | 0 | 8 | |
Commercial Real Estate Loan [Member] | Commercial Real Estate Portfolio Segment [Member] | |||
Principal loan balance | 161,968 | ||
Deferred loan origination fees and costs, net | (91) | ||
Financing Receivable, amortized cost | 161,877 | ||
Principal loan balance | 161,968 | ||
Net deferred loan origination fees and costs | (91) | ||
Recorded investment in loans | 161,877 | ||
Home Equity and Second Mortgage [Member] | Consumer Portfolio Segment [Member] | |||
Principal loan balance | 57,130 | 57,781 | 55,893 |
Deferred loan origination fees and costs, net | 1,210 | 1,204 | 1,148 |
Financing Receivable, amortized cost | 58,340 | 59,333 | 57,207 |
Principal loan balance | 57,130 | 57,781 | 55,893 |
Accrued interest receivable | 348 | 166 | |
Net deferred loan origination fees and costs | 1,210 | 1,204 | 1,148 |
Recorded investment in loans | 58,340 | 59,333 | 57,207 |
Individually evaluated for impairment | 372 | 287 | |
Collectively evaluated for impairment | 58,961 | 56,920 | |
Home Equity and Second Mortgage [Member] | Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 0 | |
Recorded investment in loans | 0 | 0 | |
Other Consumer Loan [Member] | Consumer Portfolio Segment [Member] | |||
Principal loan balance | 54,053 | 64,029 | 59,670 |
Deferred loan origination fees and costs, net | 0 | 0 | 0 |
Financing Receivable, amortized cost | 54,053 | 64,265 | 59,869 |
Principal loan balance | 54,053 | 64,029 | 59,670 |
Accrued interest receivable | 236 | 199 | |
Net deferred loan origination fees and costs | 0 | 0 | 0 |
Recorded investment in loans | 54,053 | 64,265 | 59,869 |
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 64,265 | 59,869 | |
Other Consumer Loan [Member] | Consumer Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Financing Receivable, amortized cost | 0 | 0 | |
Recorded investment in loans | $ 0 | $ 0 | |
One-to-four Family Loan [Member] | Residential Portfolio Segment [Member] | |||
Principal loan balance | 122,675 | ||
Deferred loan origination fees and costs, net | 127 | ||
Financing Receivable, amortized cost | 122,802 | ||
Principal loan balance | 122,675 | ||
Net deferred loan origination fees and costs | 127 | ||
Recorded investment in loans | 122,802 | ||
Multifamily [Member] | Residential Portfolio Segment [Member] | |||
Principal loan balance | 39,656 | ||
Deferred loan origination fees and costs, net | (14) | ||
Financing Receivable, amortized cost | 39,642 | ||
Principal loan balance | 39,656 | ||
Net deferred loan origination fees and costs | (14) | ||
Recorded investment in loans | 39,642 | ||
One-to-four Family Residential Construction [Member] | Construction [Member] | |||
Principal loan balance | 19,071 | ||
Deferred loan origination fees and costs, net | 0 | ||
Financing Receivable, amortized cost | 19,071 | ||
Principal loan balance | 19,071 | ||
Net deferred loan origination fees and costs | 0 | ||
Recorded investment in loans | 19,071 | ||
Other Construction, Development and Land [Member] | Construction [Member] | |||
Principal loan balance | 49,901 | ||
Deferred loan origination fees and costs, net | (3) | ||
Financing Receivable, amortized cost | 49,898 | ||
Principal loan balance | 49,901 | ||
Net deferred loan origination fees and costs | (3) | ||
Recorded investment in loans | 49,898 | ||
Commercial Business [Member] | Commercial Portfolio Segment [Member] | |||
Principal loan balance | 67,228 | ||
Deferred loan origination fees and costs, net | (12) | ||
Financing Receivable, amortized cost | 67,216 | ||
Principal loan balance | 67,228 | ||
Net deferred loan origination fees and costs | (12) | ||
Recorded investment in loans | $ 67,216 |
Note 4 - Loans and Allowance _6
Note 4 - Loans and Allowance for Loan Losses - Allowance for Loan Losses (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2023 | |
Balance | $ 6,772 | $ 6,083 | |
Provision for credit losses | 193 | 175 | |
Charge-offs | (275) | (74) | |
Recoveries | 72 | 61 | |
Balance | 7,323 | 6,245 | |
Individually evaluated for impairment | 6 | $ 155 | |
Collectively evaluated for impairment | 6,208 | 6,617 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 7,323 | 6,245 | 6,772 |
Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Balance | 0 | 31 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 31 | 0 |
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | 561 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | |||
Balance | 1,174 | ||
Provision for credit losses | 49 | ||
Charge-offs | 0 | ||
Recoveries | 5 | ||
Balance | 1,228 | ||
Individually evaluated for impairment | 1 | 0 | |
Collectively evaluated for impairment | 1,196 | 1,383 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,228 | 1,383 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 31 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 31 | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | |||
Balance | 234 | ||
Provision for credit losses | 1 | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 235 | ||
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 235 | 265 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 235 | 265 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | |||
Balance | 403 | ||
Provision for credit losses | (16) | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 387 | ||
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 387 | 526 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 387 | 526 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Balance | 1,884 | ||
Provision for credit losses | 43 | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 1,927 | ||
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 1,927 | 2,031 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,927 | 2,031 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | |
Commercial Portfolio Segment [Member] | |||
Balance | 873 | ||
Provision for credit losses | 121 | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 994 | ||
Individually evaluated for impairment | 0 | 155 | |
Collectively evaluated for impairment | 994 | 891 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 994 | 1,046 | |
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | |
Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Balance | 2,029 | ||
Provision for credit losses | 291 | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 2,190 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 2,190 | ||
Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | (130) | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | |||
Balance | 1,156 | ||
Provision for credit losses | 220 | ||
Charge-offs | (155) | ||
Recoveries | 5 | ||
Balance | 1,084 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,084 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | (142) | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Consumer Portfolio Segment [Member] | |||
Balance | 988 | ||
Provision for credit losses | (13) | ||
Charge-offs | (74) | ||
Recoveries | 56 | ||
Balance | 957 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 957 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Balance | 531 | 527 | |
Provision for credit losses | (139) | (10) | |
Charge-offs | 0 | 0 | |
Recoveries | 0 | 0 | |
Balance | 366 | 517 | |
Individually evaluated for impairment | 5 | 0 | |
Collectively evaluated for impairment | 512 | 530 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 366 | 517 | 530 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 0 | 0 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | (26) | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||
Balance | 881 | ||
Provision for credit losses | (53) | ||
Charge-offs | (118) | ||
Recoveries | 67 | ||
Balance | 1,212 | 957 | |
Individually evaluated for impairment | 0 | 0 | |
Collectively evaluated for impairment | 957 | 991 | |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,212 | 957 | 991 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset Acquired with Credit Deterioration [Member] | |||
Balance | 0 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | $ 0 | $ 0 | |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | 435 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Charge-offs | 0 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||
Balance | 1,036 | ||
Provision for credit losses | (43) | ||
Charge-offs | (2) | ||
Recoveries | 0 | ||
Balance | 1,414 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 1,414 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | 423 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Residential Portfolio Segment [Member] | Multifamily [Member] | |||
Balance | 346 | ||
Provision for credit losses | 38 | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 381 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 381 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | (3) | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Construction [Member] | One-to-four Family Residential Construction [Member] | |||
Balance | 206 | ||
Provision for credit losses | (10) | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 187 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 187 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | (9) | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | |||
Construction [Member] | Other Construction, Development and Land [Member] | |||
Balance | 587 | ||
Provision for credit losses | (111) | ||
Charge-offs | 0 | ||
Recoveries | 0 | ||
Balance | 489 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 489 | ||
Construction [Member] | Other Construction, Development and Land [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | |||
Balance | $ 13 | ||
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest |
Note 4 - Loans and Allowance _7
Note 4 - Loans and Allowance for Loan Losses - Collateral Dependent Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 |
Collateral Dependent Loans | $ 1,935 | $ 1,979 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 372 | 287 | |
Commercial Portfolio Segment [Member] | |||
Collateral Dependent Loans | $ 195 | $ 167 | |
Real Estate [Member] | |||
Collateral Dependent Loans | $ 2,586 | ||
Real Estate [Member] | Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||
Collateral Dependent Loans | 1,062 | ||
Real Estate [Member] | Residential Portfolio Segment [Member] | Multifamily [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 344 | ||
Real Estate [Member] | Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate [Member] | Construction [Member] | One-to-four Family Residential Construction [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate [Member] | Construction [Member] | Other Construction, Development and Land [Member] | |||
Collateral Dependent Loans | 52 | ||
Real Estate [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Collateral Dependent Loans | 1,128 | ||
Real Estate [Member] | Commercial Portfolio Segment [Member] | Commercial Business [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | |||
Collateral Dependent Loans | 162 | ||
Real Estate, Other [Member] | Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Residential Portfolio Segment [Member] | Multifamily [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Construction [Member] | One-to-four Family Residential Construction [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Construction [Member] | Other Construction, Development and Land [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Collateral Dependent Loans | 0 | ||
Real Estate, Other [Member] | Commercial Portfolio Segment [Member] | Commercial Business [Member] | |||
Collateral Dependent Loans | 162 | ||
Collateral Pledged [Member] | |||
Collateral Dependent Loans | 2,748 | ||
Allowance for Credit Loss | 14 | ||
Collateral Pledged [Member] | Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||
Collateral Dependent Loans | 1,062 | ||
Allowance for Credit Loss | 12 | ||
Collateral Pledged [Member] | Residential Portfolio Segment [Member] | Multifamily [Member] | |||
Collateral Dependent Loans | 0 | ||
Allowance for Credit Loss | 0 | ||
Collateral Pledged [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 344 | ||
Allowance for Credit Loss | 2 | ||
Collateral Pledged [Member] | Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||
Collateral Dependent Loans | 0 | ||
Allowance for Credit Loss | 0 | ||
Collateral Pledged [Member] | Construction [Member] | One-to-four Family Residential Construction [Member] | |||
Collateral Dependent Loans | 0 | ||
Allowance for Credit Loss | 0 | ||
Collateral Pledged [Member] | Construction [Member] | Other Construction, Development and Land [Member] | |||
Collateral Dependent Loans | 52 | ||
Allowance for Credit Loss | 0 | ||
Collateral Pledged [Member] | Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Collateral Dependent Loans | 1,128 | ||
Allowance for Credit Loss | 0 | ||
Collateral Pledged [Member] | Commercial Portfolio Segment [Member] | Commercial Business [Member] | |||
Collateral Dependent Loans | 162 | ||
Allowance for Credit Loss | $ 0 |
Note 4 - Loans and Allowance _8
Note 4 - Loans and Allowance for Loan Losses - Recorded Investment in Nonperforming Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | $ 565,576 | $ 557,958 | ||
Nonperforming Financial Instruments [Member] | ||||
Nonaccrual, No Allowance | 1,125 | [1] | 1,403 | |
Nonaccrual | 1,260 | |||
Past Due, Still Accruing | 0 | 87 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 1,260 | 1,490 | ||
Nonperforming Financial Instruments [Member] | Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | ||||
Nonaccrual, No Allowance | [1] | 766 | ||
Nonaccrual | 804 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 804 | |||
Nonperforming Financial Instruments [Member] | Residential Portfolio Segment [Member] | Multifamily [Member] | ||||
Nonaccrual, No Allowance | [1] | 0 | ||
Nonaccrual | 0 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 0 | |||
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||||
Nonaccrual, No Allowance | 744 | |||
Past Due, Still Accruing | 83 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 827 | |||
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||||
Nonaccrual, No Allowance | 51 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 51 | |||
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||||
Nonaccrual, No Allowance | 0 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 0 | |||
Nonperforming Financial Instruments [Member] | Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||||
Nonaccrual, No Allowance | 33 | [1] | 81 | |
Nonaccrual | 33 | |||
Past Due, Still Accruing | 0 | 0 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 33 | 81 | ||
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||||
Nonaccrual, No Allowance | 274 | [1] | 372 | |
Nonaccrual | 344 | |||
Past Due, Still Accruing | 0 | 0 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 344 | 372 | ||
Nonperforming Financial Instruments [Member] | Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | ||||
Nonaccrual, No Allowance | 0 | [1] | 0 | |
Nonaccrual | 0 | |||
Past Due, Still Accruing | 0 | 4 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 0 | 4 | ||
Nonperforming Financial Instruments [Member] | Construction [Member] | One-to-four Family Residential Construction [Member] | ||||
Nonaccrual, No Allowance | [1] | 0 | ||
Nonaccrual | 0 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 0 | |||
Nonperforming Financial Instruments [Member] | Construction [Member] | Other Construction, Development and Land [Member] | ||||
Nonaccrual, No Allowance | [1] | 52 | ||
Nonaccrual | 52 | |||
Past Due, Still Accruing | 0 | |||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | 52 | |||
Nonperforming Financial Instruments [Member] | Commercial Portfolio Segment [Member] | ||||
Nonaccrual, No Allowance | 0 | [1] | 155 | |
Nonaccrual | 27 | |||
Past Due, Still Accruing | 0 | 0 | ||
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss | $ 27 | $ 155 | ||
[1]Includes nonaccrual loans with no ACL and are also included in Total Nonaccrual loans of $1,260. |
Note 4 - Loans and Allowance _9
Note 4 - Loans and Allowance for Loan Losses - Aging of Recorded Investment in Loans (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Financing Receivable | $ 572,899 | $ 566,548 |
Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 286 | |
Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 3,087 | 2,765 |
Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 248 | 576 |
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 506 | 846 |
Financial Asset, Past Due [Member] | ||
Financing Receivable | 3,841 | 4,187 |
Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 569,058 | 562,075 |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | ||
Financing Receivable | 122,802 | |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 2,114 | |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 384 | |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 2,498 | |
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 120,304 | |
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Financing Receivable | 58,340 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | ||
Financing Receivable | 39,642 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 0 | |
Residential Portfolio Segment [Member] | Multifamily [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 39,642 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Financing Receivable | 58,340 | 59,333 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 638 | 206 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | 278 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 70 | 93 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 708 | 577 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 57,632 | 58,756 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | ||
Financing Receivable | 54,053 | 64,265 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 213 | 211 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 48 | 72 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | 4 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 261 | 287 |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 53,792 | 63,978 |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Financing Receivable | 155,938 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 286 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 2,229 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 226 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 543 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 2,998 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 152,654 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Financing Receivable | 21,997 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 119 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 51 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 170 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 21,827 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Financing Receivable | 42,364 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 42,364 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Financing Receivable | 161,877 | 161,675 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 58 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 58 | 0 |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 161,819 | 161,675 |
Construction [Member] | One-to-four Family Residential Construction [Member] | ||
Financing Receivable | 19,071 | |
Construction [Member] | One-to-four Family Residential Construction [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Construction [Member] | One-to-four Family Residential Construction [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Construction [Member] | One-to-four Family Residential Construction [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Construction [Member] | One-to-four Family Residential Construction [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 0 | |
Construction [Member] | One-to-four Family Residential Construction [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 19,071 | |
Construction [Member] | Other Construction, Development and Land [Member] | ||
Financing Receivable | 49,898 | |
Construction [Member] | Other Construction, Development and Land [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 50 | |
Construction [Member] | Other Construction, Development and Land [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Construction [Member] | Other Construction, Development and Land [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 52 | |
Construction [Member] | Other Construction, Development and Land [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 102 | |
Construction [Member] | Other Construction, Development and Land [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | 49,796 | |
Commercial Portfolio Segment [Member] | ||
Financing Receivable | 60,976 | |
Commercial Portfolio Segment [Member] | Financial Asset Acquired with Credit Deterioration [Member] | ||
Financing Receivable | 0 | |
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 155 | |
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 155 | |
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | $ 60,821 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | ||
Financing Receivable | 67,216 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Financial Asset, 30 to 59 Days Past Due [Member] | ||
Financing Receivable | 14 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Financial Asset, 60 to 89 Days Past Due [Member] | ||
Financing Receivable | 200 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | ||
Financing Receivable | 0 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Financial Asset, Past Due [Member] | ||
Financing Receivable | 214 | |
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Financial Asset, Not Past Due [Member] | ||
Financing Receivable | $ 67,002 |
Note 4 - Loans and Allowance_10
Note 4 - Loans and Allowance for Loan Losses - Class of Loans Risk Category (Details) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Financing Receivable, amortized cost | $ 572,899 | $ 566,548 | |
Current period gross write-offs, Total | 275 | $ 74 | |
Financing Receivable, Year One | 32,817 | ||
Financing Receivable, Year Two | 167,963 | ||
Financing Receivable, Year Three | 108,839 | ||
Financing Receivable, Year Four | 53,052 | ||
Financing Receivable, Year Five | 45,984 | ||
Financing Receivable, Prior | 96,360 | ||
Financing Receivable, Revolving | 67,884 | ||
Financing Receivable, Gross | 572,899 | 513,668 | 566,548 |
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 173 | ||
Current period gross write-offs, Year Three | 25 | ||
Current period gross write-offs, Year Four | 10 | ||
Current period gross write-offs, Year Five | 6 | ||
Current period gross write-offs, Prior | 32 | ||
Current period gross write-offs, Revolving | 29 | ||
Current period gross write-offs, Total | 275 | ||
Financing Receivable, amortized cost | 572,899 | 513,668 | 566,548 |
Pass [Member] | |||
Financing Receivable, Year One | 32,817 | ||
Financing Receivable, Year Two | 167,913 | ||
Financing Receivable, Year Three | 108,642 | ||
Financing Receivable, Year Four | 52,609 | ||
Financing Receivable, Year Five | 45,067 | ||
Financing Receivable, Prior | 94,431 | ||
Financing Receivable, Revolving | 67,529 | ||
Financing Receivable, Gross | 569,008 | 561,809 | |
Financing Receivable, amortized cost | 569,008 | 561,809 | |
Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 31 | ||
Financing Receivable, Year Three | 22 | ||
Financing Receivable, Year Four | 179 | ||
Financing Receivable, Year Five | 595 | ||
Financing Receivable, Prior | 119 | ||
Financing Receivable, Revolving | 117 | ||
Financing Receivable, Gross | 1,063 | 1,243 | |
Financing Receivable, amortized cost | 1,063 | 1,243 | |
Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 237 | ||
Financing Receivable, Year Five | 48 | ||
Financing Receivable, Prior | 1,115 | ||
Financing Receivable, Revolving | 168 | ||
Financing Receivable, Gross | 1,568 | 2,093 | |
Financing Receivable, amortized cost | 1,568 | 2,093 | |
Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 19 | ||
Financing Receivable, Year Three | 175 | ||
Financing Receivable, Year Four | 27 | ||
Financing Receivable, Year Five | 274 | ||
Financing Receivable, Prior | 695 | ||
Financing Receivable, Revolving | 70 | ||
Financing Receivable, Gross | 1,260 | 1,403 | |
Financing Receivable, amortized cost | 1,260 | 1,403 | |
Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | |||
Financing Receivable, Year One | 9,390 | ||
Financing Receivable, Year Two | 34,838 | ||
Financing Receivable, Year Three | 30,419 | ||
Financing Receivable, Year Four | 7,916 | ||
Financing Receivable, Year Five | 10,734 | ||
Financing Receivable, Prior | 29,505 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 122,802 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Three | 2 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 2 | ||
Financing Receivable, Year Three | 30,419 | ||
Financing Receivable, Year Four | 7,916 | ||
Current period gross write-offs, Year Three | 2 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 122,802 | ||
Financing Receivable, amortized cost | 122,802 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Pass [Member] | |||
Financing Receivable, Year One | 9,390 | ||
Financing Receivable, Year Two | 34,819 | ||
Financing Receivable, Year Three | 30,244 | ||
Financing Receivable, Year Four | 7,916 | ||
Financing Receivable, Year Five | 10,734 | ||
Financing Receivable, Prior | 28,638 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 121,741 | ||
Financing Receivable, Year Three | 30,244 | ||
Financing Receivable, Year Four | 7,916 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 257 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 257 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | One-to-four Family Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 19 | ||
Financing Receivable, Year Three | 175 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 610 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 804 | ||
Financing Receivable, Year Three | 175 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | |||
Financing Receivable, Year One | 1,557 | ||
Financing Receivable, Year Two | 10,726 | ||
Financing Receivable, Year Three | 9,940 | ||
Financing Receivable, Year Four | 8,134 | ||
Financing Receivable, Year Five | 4,469 | ||
Financing Receivable, Prior | 4,816 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 39,642 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Year Three | 9,940 | ||
Financing Receivable, Year Four | 8,134 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 39,642 | ||
Financing Receivable, amortized cost | 39,642 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | Pass [Member] | |||
Financing Receivable, Year One | 1,557 | ||
Financing Receivable, Year Two | 10,726 | ||
Financing Receivable, Year Three | 9,940 | ||
Financing Receivable, Year Four | 8,134 | ||
Financing Receivable, Year Five | 4,469 | ||
Financing Receivable, Prior | 4,816 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 39,642 | ||
Financing Receivable, Year Three | 9,940 | ||
Financing Receivable, Year Four | 8,134 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Multifamily [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Financing Receivable, Year One | 751 | ||
Financing Receivable, Year Two | 5,111 | ||
Financing Receivable, Year Three | 593 | ||
Financing Receivable, Year Four | 273 | ||
Financing Receivable, Year Five | 529 | ||
Financing Receivable, Prior | 518 | ||
Financing Receivable, Revolving | 50,565 | ||
Financing Receivable, amortized cost | 58,340 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Three | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Year Three | 593 | ||
Financing Receivable, Year Four | 273 | ||
Current period gross write-offs, Year Three | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Pass [Member] | |||
Financing Receivable, Year One | 751 | ||
Financing Receivable, Year Two | 5,111 | ||
Financing Receivable, Year Three | 593 | ||
Financing Receivable, Year Four | 273 | ||
Financing Receivable, Year Five | 255 | ||
Financing Receivable, Prior | 518 | ||
Financing Receivable, Revolving | 50,495 | ||
Financing Receivable, amortized cost | 57,996 | ||
Financing Receivable, Year Three | 593 | ||
Financing Receivable, Year Four | 273 | ||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Residential Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 274 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 70 | ||
Financing Receivable, amortized cost | 344 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | Other Construction, Development and Land [Member] | |||
Financing Receivable, Year One | 3,580 | ||
Financing Receivable, Year Two | 26,348 | ||
Financing Receivable, Year Three | 11,714 | ||
Financing Receivable, Year Four | 2,954 | ||
Financing Receivable, Year Five | 1,325 | ||
Financing Receivable, Prior | 3,977 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 49,898 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Year Three | 11,714 | ||
Financing Receivable, Year Four | 2,954 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 49,898 | ||
Financing Receivable, amortized cost | 49,898 | ||
Construction [Member] | Other Construction, Development and Land [Member] | Pass [Member] | |||
Financing Receivable, Year One | 3,580 | ||
Financing Receivable, Year Two | 26,348 | ||
Financing Receivable, Year Three | 11,714 | ||
Financing Receivable, Year Four | 2,954 | ||
Financing Receivable, Year Five | 1,325 | ||
Financing Receivable, Prior | 3,875 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 49,796 | ||
Financing Receivable, Year Three | 11,714 | ||
Financing Receivable, Year Four | 2,954 | ||
Construction [Member] | Other Construction, Development and Land [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 50 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 50 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | Other Construction, Development and Land [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | Other Construction, Development and Land [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 52 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 52 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | |||
Financing Receivable, Year One | 2,306 | ||
Financing Receivable, Year Two | 12,362 | ||
Financing Receivable, Year Three | 3,082 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 1,321 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 19,071 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Year Three | 3,082 | ||
Financing Receivable, Year Four | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 19,071 | ||
Financing Receivable, amortized cost | 19,071 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | Pass [Member] | |||
Financing Receivable, Year One | 2,306 | ||
Financing Receivable, Year Two | 12,362 | ||
Financing Receivable, Year Three | 3,082 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 1,321 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 19,071 | ||
Financing Receivable, Year Three | 3,082 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Construction [Member] | One-to-four Family Residential Construction [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Commercial Portfolio Segment [Member] | |||
Financing Receivable, amortized cost | 60,976 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Gross | 58,173 | 60,976 | |
Financing Receivable, amortized cost | 58,173 | 60,976 | |
Commercial Portfolio Segment [Member] | Pass [Member] | |||
Financing Receivable, Gross | 60,261 | ||
Financing Receivable, amortized cost | 60,261 | ||
Commercial Portfolio Segment [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 388 | ||
Financing Receivable, amortized cost | 388 | ||
Commercial Portfolio Segment [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 172 | ||
Financing Receivable, amortized cost | 172 | ||
Commercial Portfolio Segment [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 155 | ||
Financing Receivable, amortized cost | 155 | ||
Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | |||
Financing Receivable, Year One | 5,459 | ||
Financing Receivable, Year Two | 17,843 | ||
Financing Receivable, Year Three | 13,182 | ||
Financing Receivable, Year Four | 6,613 | ||
Financing Receivable, Year Five | 6,951 | ||
Financing Receivable, Prior | 4,344 | ||
Financing Receivable, Revolving | 12,824 | ||
Financing Receivable, amortized cost | 67,216 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 155 | ||
Current period gross write-offs, Year Three | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 155 | ||
Financing Receivable, Year Three | 13,182 | ||
Financing Receivable, Year Four | 6,613 | ||
Current period gross write-offs, Year Three | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 67,216 | ||
Financing Receivable, amortized cost | 67,216 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Pass [Member] | |||
Financing Receivable, Year One | 5,459 | ||
Financing Receivable, Year Two | 17,812 | ||
Financing Receivable, Year Three | 13,160 | ||
Financing Receivable, Year Four | 6,586 | ||
Financing Receivable, Year Five | 6,735 | ||
Financing Receivable, Prior | 4,340 | ||
Financing Receivable, Revolving | 12,672 | ||
Financing Receivable, amortized cost | 66,764 | ||
Financing Receivable, Year Three | 13,160 | ||
Financing Receivable, Year Four | 6,586 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 31 | ||
Financing Receivable, Year Three | 22 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 168 | ||
Financing Receivable, Prior | 4 | ||
Financing Receivable, Revolving | 38 | ||
Financing Receivable, amortized cost | 263 | ||
Financing Receivable, Year Three | 22 | ||
Financing Receivable, Year Four | 0 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 48 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 114 | ||
Financing Receivable, amortized cost | 162 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Commercial Portfolio Segment [Member] | Commercial Business [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 27 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 27 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 27 | ||
Commercial Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Current period gross write-offs, Total | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | |||
Financing Receivable, amortized cost | 155,938 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Gross | 155,938 | ||
Financing Receivable, amortized cost | 155,938 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Pass [Member] | |||
Financing Receivable, Gross | 154,429 | ||
Financing Receivable, amortized cost | 154,429 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 765 | ||
Financing Receivable, amortized cost | 765 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 744 | ||
Financing Receivable, amortized cost | 744 | ||
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | |||
Financing Receivable, amortized cost | 21,997 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Gross | 19,605 | 21,997 | |
Financing Receivable, amortized cost | 19,605 | 21,997 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Pass [Member] | |||
Financing Receivable, Gross | 21,827 | ||
Financing Receivable, amortized cost | 21,827 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 60 | ||
Financing Receivable, amortized cost | 60 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 59 | ||
Financing Receivable, amortized cost | 59 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 51 | ||
Financing Receivable, amortized cost | 51 | ||
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | |||
Financing Receivable, amortized cost | 42,364 | ||
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Gross | 31,765 | 42,364 | |
Financing Receivable, amortized cost | 31,765 | 42,364 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member] | |||
Financing Receivable, Gross | 42,364 | ||
Financing Receivable, amortized cost | 42,364 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Financing Receivable, amortized cost | 161,877 | 161,675 | |
Current period gross write-offs, Total | 0 | ||
Financing Receivable, Gross | 148,720 | 161,675 | |
Financing Receivable, amortized cost | 148,720 | 161,675 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Pass [Member] | |||
Financing Receivable, Gross | 159,842 | ||
Financing Receivable, amortized cost | 159,842 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 679 | ||
Financing Receivable, amortized cost | 679 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 1,073 | ||
Financing Receivable, amortized cost | 1,073 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 81 | ||
Financing Receivable, amortized cost | 81 | ||
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | |||
Current period gross write-offs, Total | 74 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | |||
Financing Receivable, amortized cost | 58,340 | 59,333 | |
Current period gross write-offs, Total | 0 | 0 | |
Financing Receivable, Gross | 58,340 | 57,207 | 59,333 |
Financing Receivable, amortized cost | 58,340 | 57,207 | 59,333 |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Pass [Member] | |||
Financing Receivable, Gross | 58,937 | ||
Financing Receivable, amortized cost | 58,937 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 24 | ||
Financing Receivable, amortized cost | 24 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 372 | ||
Financing Receivable, amortized cost | 372 | ||
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | |||
Financing Receivable, amortized cost | 54,053 | 64,265 | |
Current period gross write-offs, Total | 118 | ||
Financing Receivable, Gross | 64,265 | ||
Financing Receivable, amortized cost | 64,265 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Pass [Member] | |||
Financing Receivable, Gross | 64,149 | ||
Financing Receivable, amortized cost | 64,149 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Special Mention [Member] | |||
Financing Receivable, Gross | 116 | ||
Financing Receivable, amortized cost | 116 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Substandard [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Doubtful [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | Unlikely to be Collected Financing Receivable [Member] | |||
Financing Receivable, Gross | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | |||
Financing Receivable, Year One | 6,502 | ||
Financing Receivable, Year Two | 20,535 | ||
Financing Receivable, Year Three | 11,963 | ||
Financing Receivable, Year Four | 4,649 | ||
Financing Receivable, Year Five | 2,136 | ||
Financing Receivable, Prior | 6,146 | ||
Financing Receivable, Revolving | 2,122 | ||
Financing Receivable, amortized cost | 54,053 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 18 | ||
Current period gross write-offs, Year Three | 23 | ||
Current period gross write-offs, Year Four | 10 | ||
Current period gross write-offs, Year Five | 6 | ||
Current period gross write-offs, Prior | 32 | ||
Current period gross write-offs, Revolving | 29 | ||
Current period gross write-offs, Total | 118 | ||
Financing Receivable, Year Three | 11,963 | ||
Financing Receivable, Year Four | 4,649 | ||
Current period gross write-offs, Year Three | 23 | ||
Current period gross write-offs, Year Four | 10 | ||
Financing Receivable, Gross | 54,053 | 59,869 | 64,265 |
Financing Receivable, amortized cost | 54,053 | $ 59,869 | $ 64,265 |
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Pass [Member] | |||
Financing Receivable, Year One | 6,502 | ||
Financing Receivable, Year Two | 20,535 | ||
Financing Receivable, Year Three | 11,963 | ||
Financing Receivable, Year Four | 4,649 | ||
Financing Receivable, Year Five | 2,136 | ||
Financing Receivable, Prior | 6,146 | ||
Financing Receivable, Revolving | 2,068 | ||
Financing Receivable, amortized cost | 53,999 | ||
Financing Receivable, Year Three | 11,963 | ||
Financing Receivable, Year Four | 4,649 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 54 | ||
Financing Receivable, amortized cost | 54 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Consumer Portfolio Segment [Member] | Other Consumer Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 0 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | |||
Financing Receivable, amortized cost | 161,877 | ||
Current period gross write-offs, Year One | 0 | ||
Current period gross write-offs, Year Two | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Current period gross write-offs, Year Five | 0 | ||
Current period gross write-offs, Prior | 0 | ||
Current period gross write-offs, Revolving | 0 | ||
Current period gross write-offs, Total | 0 | ||
Current period gross write-offs, Year Four | 0 | ||
Financing Receivable, Gross | 161,877 | ||
Financing Receivable, amortized cost | 161,877 | ||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Pass [Member] | |||
Financing Receivable, Year One | 3,272 | ||
Financing Receivable, Year Two | 40,200 | ||
Financing Receivable, Year Three | 27,946 | ||
Financing Receivable, Year Four | 22,097 | ||
Financing Receivable, Year Five | 19,413 | ||
Financing Receivable, Prior | 44,777 | ||
Financing Receivable, Revolving | 2,294 | ||
Financing Receivable, amortized cost | 159,999 | ||
Financing Receivable, Year Three | 27,946 | ||
Financing Receivable, Year Four | 22,097 | ||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Special Mention [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 179 | ||
Financing Receivable, Year Five | 427 | ||
Financing Receivable, Prior | 65 | ||
Financing Receivable, Revolving | 79 | ||
Financing Receivable, amortized cost | 750 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 179 | ||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Substandard [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 237 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 858 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 1,095 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 237 | ||
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | Doubtful [Member] | |||
Financing Receivable, Year One | 0 | ||
Financing Receivable, Year Two | 0 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Financing Receivable, Year Five | 0 | ||
Financing Receivable, Prior | 33 | ||
Financing Receivable, Revolving | 0 | ||
Financing Receivable, amortized cost | 33 | ||
Financing Receivable, Year Three | 0 | ||
Financing Receivable, Year Four | 0 | ||
Commercial Real Estate Portfolio Segment [Member] | One-to-four Family Residential Construction [Member] | |||
Financing Receivable, Year One | 3,272 | ||
Financing Receivable, Year Two | 40,200 | ||
Financing Receivable, Year Three | 27,946 | ||
Financing Receivable, Year Four | 22,513 | ||
Financing Receivable, Year Five | 19,840 | ||
Financing Receivable, Prior | 45,733 | ||
Financing Receivable, Revolving | 2,373 | ||
Financing Receivable, Year Three | 27,946 | ||
Financing Receivable, Year Four | $ 22,513 |
Note 4 - Loans and Allowance_11
Note 4 - Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2022 | Dec. 31, 2022 | |
Recorded investment with no allowance | $ 1,664 | $ 1,780 |
Unpaid principal balance with no allowance | 1,812 | 1,960 |
Average recorded investment with no allowance | 1,847 | |
Interest income recognized | 13 | |
Recorded investment with allowance | 315 | 155 |
Unpaid principal balance with allowance | 325 | 155 |
Related allowance | 6 | 155 |
Average recorded investment with allowance | 302 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 1,979 | 1,935 |
Unpaid principal balance | 2,137 | 2,115 |
Average recorded investment | 2,149 | |
Real Estate Mortgage Portfolio Segment [Member] | Residential Loan [Member] | ||
Recorded investment with no allowance | 796 | 854 |
Unpaid principal balance with no allowance | 926 | 996 |
Average recorded investment with no allowance | 915 | |
Interest income recognized with no allowance | 5 | |
Interest income recognized | 5 | |
Recorded investment with allowance | 28 | 0 |
Unpaid principal balance with allowance | 28 | 0 |
Related allowance | 1 | 0 |
Average recorded investment with allowance | 14 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 824 | 854 |
Unpaid principal balance | 954 | 996 |
Average recorded investment | 929 | |
Real Estate Mortgage Portfolio Segment [Member] | Land Loan [Member] | ||
Recorded investment with no allowance | 102 | 51 |
Unpaid principal balance with no allowance | 104 | 51 |
Average recorded investment with no allowance | 102 | |
Interest income recognized with no allowance | 0 | |
Interest income recognized | 0 | |
Recorded investment with allowance | 0 | 0 |
Unpaid principal balance with allowance | 0 | 0 |
Related allowance | 0 | |
Average recorded investment with allowance | 0 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 102 | 51 |
Unpaid principal balance | 104 | 51 |
Average recorded investment | 102 | |
Real Estate Mortgage Portfolio Segment [Member] | Construction Loans [Member] | ||
Recorded investment with no allowance | 0 | 0 |
Unpaid principal balance with no allowance | 0 | 0 |
Average recorded investment with no allowance | 0 | |
Interest income recognized with no allowance | 0 | |
Interest income recognized | 0 | |
Recorded investment with allowance | 0 | 0 |
Unpaid principal balance with allowance | 0 | 0 |
Related allowance | 0 | |
Average recorded investment with allowance | 0 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 0 | 0 |
Unpaid principal balance | 0 | 0 |
Average recorded investment | 0 | |
Real Estate Mortgage Portfolio Segment [Member] | Commercial Real Estate Loan [Member] | ||
Recorded investment with no allowance | 599 | 463 |
Unpaid principal balance with no allowance | 616 | 484 |
Average recorded investment with no allowance | 651 | |
Interest income recognized with no allowance | 6 | |
Interest income recognized | 6 | |
Recorded investment with allowance | 0 | 0 |
Unpaid principal balance with allowance | 0 | 0 |
Related allowance | 0 | |
Average recorded investment with allowance | 0 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 599 | 463 |
Unpaid principal balance | 616 | 484 |
Average recorded investment | 651 | |
Commercial Portfolio Segment [Member] | ||
Recorded investment with no allowance | 167 | 40 |
Unpaid principal balance with no allowance | 166 | 40 |
Average recorded investment with no allowance | 171 | |
Interest income recognized with no allowance | 2 | |
Interest income recognized | 2 | |
Recorded investment with allowance | 0 | 155 |
Unpaid principal balance with allowance | 0 | 155 |
Related allowance | 155 | |
Average recorded investment with allowance | 0 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 167 | 195 |
Unpaid principal balance | 166 | 195 |
Average recorded investment | 171 | |
Consumer Portfolio Segment [Member] | Home Equity and Second Mortgage [Member] | ||
Recorded investment with no allowance | 0 | 372 |
Unpaid principal balance with no allowance | 0 | 389 |
Average recorded investment with no allowance | 8 | |
Interest income recognized with no allowance | 0 | |
Interest income recognized | 0 | |
Recorded investment with allowance | 287 | 0 |
Unpaid principal balance with allowance | 297 | 0 |
Related allowance | 5 | 0 |
Average recorded investment with allowance | 288 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 287 | 372 |
Unpaid principal balance | 297 | 389 |
Average recorded investment | 296 | |
Consumer Portfolio Segment [Member] | All Other Consumer Excluding Home Equity and Second Mortgage [Member] | ||
Recorded investment with no allowance | 0 | 0 |
Unpaid principal balance with no allowance | 0 | 0 |
Average recorded investment with no allowance | 0 | |
Interest income recognized with no allowance | 0 | |
Interest income recognized | 0 | |
Recorded investment with allowance | 0 | 0 |
Unpaid principal balance with allowance | 0 | 0 |
Related allowance | 0 | |
Average recorded investment with allowance | 0 | |
Interest income recognized with allowance | 0 | |
Recorded investment | 0 | 0 |
Unpaid principal balance | 0 | $ 0 |
Average recorded investment | $ 0 |
Note 5 - Qualified Affordable_2
Note 5 - Qualified Affordable Housing Project Investment (Details Textual) - USD ($) | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Amortization Method Qualified Affordable Housing Project Investments, Amortization | $ 89,000 | $ 89,000 | |
Affordable Housing Tax Credits and Other Tax Benefits, Amount | 104,000 | $ 105,000 | |
Other Assets [Member] | |||
Investments | 2,100,000 | $ 2,200,000 | |
Other Liabilities [Member] | |||
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments | $ 216,000 | $ 216,000 |
Note 6 - Supplemental Disclos_3
Note 6 - Supplemental Disclosure for Earnings Per Share (Details Textual) - shares | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Restricted Stock [Member] | ||
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | 12,550 | 22,350 |
Note 6 - Supplemental Disclos_4
Note 6 - Supplemental Disclosure for Earnings Per Share - Supplemental Disclosure for Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Net income attributable to First Capital, Inc. | $ 3,816 | $ 2,527 |
Weighted average common shares outstanding (in shares) | 3,353,623 | 3,350,745 |
Net income attributable to First Capital, Inc. per common share, basic (in dollars per share) | $ 1.14 | $ 0.75 |
Net income attributable to First Capital, Inc. | $ 3,816 | $ 2,527 |
Weighted average common shares outstanding (in shares) | 3,353,623 | 3,350,745 |
Add: Dilutive effect of restricted stock (in shares) | 0 | 0 |
Weighted average common shares outstanding, as adjusted (in shares) | 3,353,623 | 3,350,745 |
Net income attributable to First Capital, Inc. per common share, diluted (in dollars per share) | $ 1.14 | $ 0.75 |
Note 7 - Stock-based Compensa_3
Note 7 - Stock-based Compensation Plans (Details Textual) - USD ($) | 3 Months Ended | ||||
May 22, 2019 | Mar. 31, 2023 | Mar. 31, 2022 | May 20, 2019 | May 20, 2009 | |
Restricted Stock [Member] | |||||
Share-Based Payment Arrangement, Expense | $ 84,000 | $ 98,000 | |||
Share-Based Payment Arrangement, Expense, Tax Benefit | $ 20,000 | $ 23,000 | |||
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period (in shares) | 0 | 0 | |||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount | $ 465,000 | ||||
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year) | 1 year 10 months 24 days | ||||
Equity Incentive Plan 2009 [Member] | Common Stock [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares) | 223,000 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares) | 176,150 | ||||
Equity Incentive Plan 2019 [Member] | |||||
Maximum Fair Value of First Exercisable Stock Incentive Options | $ 100,000 | ||||
Equity Incentive Plan 2019 [Member] | Common Stock [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares) | 176,150 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares) | 162,350 | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year) | 10 years | ||||
Equity Incentive Plans [Member] | |||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 0 |
Note 7 - Stock-based Compensa_4
Note 7 - Stock-based Compensation Plans - Summary of Nonvested Restricted Shares (Details) - $ / shares | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Nonvested, weight average grant date fair value (in dollars per share) | $ 57.07 | ||
Nonvested, number of shares (in shares) | 12,550 | ||
Restricted Stock [Member] | |||
Nonvested, number of shares (in shares) | 12,550 | ||
Nonvested, weight average grant date fair value (in dollars per share) | $ 57.07 | ||
Granted, number of shares (in shares) | 0 | ||
Granted, weight average grant date fair value (in dollars per share) | $ 0 | ||
Vested, number of shares (in shares) | 0 | 0 | |
Vested, weight average grant date fair value (in dollars per share) | $ 0 | ||
Forfeited, number of shares (in shares) | 0 | ||
Forfeited, weight average grant date fair value (in dollars per share) | $ 0 |
Note 8 - Supplemental Disclos_3
Note 8 - Supplemental Disclosures of Cash Flow Information - Supplemental Disclosures of Cash Flow Information (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Interest | $ 900 | $ 275 |
Taxes (net of refunds received) | $ 0 | $ 0 |
Note 9 - Fair Value Measureme_3
Note 9 - Fair Value Measurements (Details Textual) - USD ($) | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Liabilities, Fair Value Disclosure | $ 0 | $ 0 | |
Impaired Loan [Member] | |||
Provision for Loan, Lease, and Other Losses | $ 40,000 | $ 1,000 | |
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Minimum [Member] | |||
Fair Value Inputs, Estimated Selling Costs | 20% | ||
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Maximum [Member] | |||
Fair Value Inputs, Estimated Selling Costs | 24% | ||
Fair Value, Inputs, Level 3 [Member] | Impaired Loan [Member] | Weighted Average [Member] | |||
Fair Value Inputs, Estimated Selling Costs | 23% |
Note 9 - Fair Value Measureme_4
Note 9 - Fair Value Measurements - Assets Measured at Fair Value on Recurring and Nonrecurring Basis (Details) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 |
Securities available for sale | $ 470,090,000 | $ 460,819,000 |
Equity securities (included in other assets) | 1,600,000 | 1,500,000 |
Impaired loans | 94 | |
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 82,306,000 | 83,863,000 |
Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 8,947,000 | 9,353,000 |
US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 141,424,000 | 137,981,000 |
US Treasury and Government [Member] | ||
Securities available for sale | 79,811,000 | 78,732,000 |
Municipal Notes [Member] | ||
Securities available for sale | 157,602,000 | 150,890,000 |
Fair Value, Recurring [Member] | ||
Securities available for sale | 470,090,000 | 460,819,000 |
Equity securities (included in other assets) | 1,604,000 | 1,467,000 |
Fair Value, Recurring [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 82,306,000 | 83,863,000 |
Fair Value, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 8,947,000 | 9,353,000 |
Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 141,424,000 | 137,981,000 |
Fair Value, Recurring [Member] | US Treasury and Government [Member] | ||
Securities available for sale | 79,811,000 | 78,732,000 |
Fair Value, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 157,602,000 | 150,890,000 |
Fair Value, Nonrecurring [Member] | ||
Impaired loans | 26,000 | |
Fair Value, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 68,000 | |
Fair Value, Inputs, Level 1 [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | ||
Securities available for sale | 0 | 0 |
Equity securities (included in other assets) | 1,604,000 | 1,467,000 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | US Treasury and Government [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Nonrecurring [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 2 [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | ||
Securities available for sale | 470,090,000 | 460,819,000 |
Equity securities (included in other assets) | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 82,306,000 | 83,863,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 8,947,000 | 9,353,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 141,424,000 | 137,981,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | US Treasury and Government [Member] | ||
Securities available for sale | 79,811,000 | 78,732,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 157,602,000 | 150,890,000 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Nonrecurring [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | 0 | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | ||
Securities available for sale | 0 | 0 |
Equity securities (included in other assets) | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Agency Collateralized Mortgage Obligations [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | US Government Agencies Debt Securities [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | US Treasury and Government [Member] | ||
Securities available for sale | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member] | Municipal Notes [Member] | ||
Securities available for sale | 0 | $ 0 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member] | ||
Impaired loans | 26,000 | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Nonrecurring [Member] | Home Equity and Second Mortgage [Member] | ||
Impaired loans | $ 68,000 |
Note 9 - Fair Value Measureme_5
Note 9 - Fair Value Measurements - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
Securities available for sale | $ 470,090 | $ 460,819 |
Equity securities (included in other assets) | 1,600 | 1,500 |
Reported Value Measurement [Member] | ||
Cash and cash equivalents | 35,881 | 66,298 |
Interest-bearing time deposits | 3,676 | 3,677 |
Securities available for sale | 470,090 | 460,819 |
Securities held to maturity | 7,000 | 7,000 |
Loans held for sale | 576 | 793 |
Loans, net | 565,576 | 557,958 |
FHLB and other restricted stock | 1,836 | 1,836 |
Accrued interest receivable | 4,156 | 4,285 |
Equity securities (included in other assets) | 1,604 | 1,467 |
Deposits | 1,035,450 | 1,060,396 |
Accrued interest payable | 218 | 123 |
Estimate of Fair Value Measurement [Member] | ||
Cash and cash equivalents | 35,881 | 66,298 |
Interest-bearing time deposits | 3,652 | 3,638 |
Securities available for sale | 470,090 | 460,819 |
Securities held to maturity | 5,296 | 5,311 |
Loans held for sale | 587 | 803 |
Loans, net | 567,198 | 554,634 |
Accrued interest receivable | 4,156 | 4,285 |
Equity securities (included in other assets) | 1,604 | 1,467 |
Deposits | 1,033,446 | 1,058,122 |
Accrued interest payable | 218 | 123 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Cash and cash equivalents | 35,881 | 66,298 |
Interest-bearing time deposits | 0 | 0 |
Securities available for sale | 0 | 0 |
Securities held to maturity | 0 | 0 |
Loans held for sale | 0 | 0 |
Loans, net | 0 | 0 |
Accrued interest receivable | 0 | 0 |
Equity securities (included in other assets) | 1,604 | 1,467 |
Deposits | 0 | 0 |
Accrued interest payable | 0 | 0 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Cash and cash equivalents | 0 | 0 |
Interest-bearing time deposits | 3,652 | 3,638 |
Securities available for sale | 470,090 | 460,819 |
Securities held to maturity | 5,296 | 5,311 |
Loans held for sale | 587 | 803 |
Loans, net | 0 | 0 |
Accrued interest receivable | 4,156 | 4,285 |
Equity securities (included in other assets) | 0 | 0 |
Deposits | 0 | 0 |
Accrued interest payable | 218 | 123 |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Cash and cash equivalents | 0 | 0 |
Interest-bearing time deposits | 0 | 0 |
Securities available for sale | 0 | 0 |
Securities held to maturity | 0 | 0 |
Loans held for sale | 0 | 0 |
Loans, net | 567,198 | 554,634 |
Accrued interest receivable | 0 | 0 |
Equity securities (included in other assets) | 0 | 0 |
Deposits | 1,033,446 | 1,058,122 |
Accrued interest payable | $ 0 | $ 0 |
Note 10 - Revenue From Contra_3
Note 10 - Revenue From Contracts With Customers - Noninterest Income (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Noninterest income | $ 1,694 | $ 1,670 |
Net gains on loans and investments | 223 | 398 |
Increase in cash value of life insurance | 45 | 50 |
Other | 29 | 29 |
Other noninterest income | 297 | 477 |
Total noninterest income | 1,991 | 2,147 |
Deposit Account [Member] | ||
Noninterest income | 562 | 509 |
ATM and Debit Card Fees [Member] | ||
Noninterest income | 1,087 | 1,007 |
Investment Advisory, Management and Administrative Service [Member] | ||
Noninterest income | 12 | 122 |
Product and Service, Other [Member] | ||
Noninterest income | $ 33 | $ 32 |