| Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
| ASSETS |
|
|
|
|
LIABILITIES |
|
|
|
|
| Cash and due from banks |
|
$ |
52,524 |
|
Deposits |
|
|
|
|
| Investment securities, available for sale |
|
|
- |
|
Non-interest bearing |
|
$ |
32,095 |
|
| Certificate of deposit in other financial institutions |
|
|
245 |
|
NOW accounts |
|
|
63,639 |
|
| |
|
|
|
|
Savings and money market |
|
|
184,149 |
|
| Total Loans |
|
|
450,757 |
|
Certificates of deposits |
|
|
195,153 |
|
| |
|
|
|
|
Total Deposits |
|
|
475,036 |
|
| Premises and equipment, net |
|
|
13,896 |
|
|
|
|
|
|
| FHLB stock |
|
|
1,303 |
|
Interest payable |
|
|
75 |
|
| Goodwill |
|
|
11,506 |
|
Other liabilities |
|
|
11,228 |
|
| Core deposit intangible |
|
|
3,220 |
|
|
|
|
|
|
| Interest receivable |
|
|
1,836 |
|
|
|
|
|
|
| Other assets |
|
|
7,758 |
|
|
|
|
|
|
| Total assets purchased |
|
$ |
543,045 |
|
|
|
|
|
|
| Common shares issued |
|
|
37,981 |
|
|
|
|
|
|
| Cash paid |
|
|
18,725 |
|
|
|
|
|
|
| Total purchase price |
|
$ |
56,706 |
|
Total liabilities assumed |
|
$ |
486,339 |
|
|
| Business Acquisition, Pro Forma Information [Table Text Block] |
| |
|
For the three months ended |
|
|
For the three months ended |
|
|
For the six months ended |
|
|
For the six months ended |
|
| (in thousands) |
|
June 30, 2022 |
|
|
June 30, 2021 |
|
|
June 30, 2022 |
|
|
June 30, 2021 |
|
| Selected Financial Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest income |
|
$ |
17,740 |
|
|
$ |
17,263 |
|
|
$ |
35,329 |
|
|
$ |
34,654 |
|
| Interest expense |
|
|
(442 |
) |
|
|
(998 |
) |
|
|
(902 |
) |
|
|
(2,189 |
) |
| Recovery of (provision for) loan losses |
|
|
- |
|
|
|
(816 |
) |
|
|
- |
|
|
|
(1,094 |
) |
| Non-interest income |
|
|
2,896 |
|
|
|
3,902 |
|
|
|
6,179 |
|
|
|
8,418 |
|
| Non-interest expense (1) |
|
|
(15,176 |
) |
|
|
(13,831 |
) |
|
|
(29,573 |
) |
|
|
(26,776 |
) |
| Income before provision for income taxes |
|
|
5,018 |
|
|
|
5,520 |
|
|
|
11,033 |
|
|
|
13,013 |
|
| Income tax expense |
|
|
(587 |
) |
|
|
(639 |
) |
|
|
(1,619 |
) |
|
|
(1,812 |
) |
| Net income |
|
$ |
4,431 |
|
|
$ |
4,881 |
|
|
$ |
9,414 |
|
|
$ |
11,201 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
1.04 |
|
|
$ |
1.40 |
|
|
$ |
2.29 |
|
|
$ |
3.22 |
|
| Diluted |
|
$ |
1.04 |
|
|
$ |
1.40 |
|
|
$ |
2.28 |
|
|
$ |
3.22 |
|
|