| 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 |
|
|
11,286 |
|
Other liabilities |
|
|
11,228 |
|
| Core deposit intangible |
|
|
3,220 |
|
|
|
|
|
|
| Interest receivable |
|
|
1,836 |
|
|
|
|
|
|
| Other assets |
|
|
7,978 |
|
|
|
|
|
|
| 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 nine months ended |
|
|
For the nine months ended |
|
| (in thousands) |
|
September 30, 2023 |
|
|
September 30, 2022 |
|
|
September 30, 2023 |
|
|
September 30, 2022 |
|
| Selected Financial Data |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest income |
|
$ |
21,778 |
|
|
$ |
18,539 |
|
|
$ |
63,527 |
|
|
$ |
53,868 |
|
| Interest expense |
|
|
(8,645 |
) |
|
|
(1,032 |
) |
|
|
(21,687 |
) |
|
|
(1,934 |
) |
| Provision for loan losses |
|
|
(244 |
) |
|
|
- |
|
|
|
(1,246 |
) |
|
|
- |
|
| Non-interest income |
|
|
2,397 |
|
|
|
2,630 |
|
|
|
8,011 |
|
|
|
8,809 |
|
| Non-interest expense (1) |
|
|
(13,493 |
) |
|
|
(15,010 |
) |
|
|
(41,715 |
) |
|
|
(44,583 |
) |
| Income before provision for income taxes |
|
|
1,793 |
|
|
|
5,127 |
|
|
|
6,890 |
|
|
|
16,160 |
|
| Income tax expense |
|
|
398 |
|
|
|
(571 |
) |
|
|
(21 |
) |
|
|
(2,190 |
) |
| Net income |
|
$ |
2,191 |
|
|
$ |
4,556 |
|
|
$ |
6,869 |
|
|
$ |
13,970 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Earnings per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
0.52 |
|
|
$ |
1.07 |
|
|
$ |
1.60 |
|
|
$ |
3.36 |
|
| Diluted |
|
$ |
0.51 |
|
|
$ |
1.07 |
|
|
$ |
1.60 |
|
|
$ |
3.35 |
|
|