v3.25.2
Note 3 - Investments in Securities (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Debt Securities, Held-to-Maturity [Table Text Block]
      

Gross

  

Gross

  

Allowance

     
  

Amortized

  

Unrealized

  

Unrealized

  

for Credit

  

Fair

 

Held-to-maturity:

 

Cost

  

Gains

  

Losses

  

Losses

  

Value

 
  

(in thousands)

 

June 30, 2025

                    

Debt securities issued by U.S. government-sponsored enterprises

 $5,589  $  $(34) $  $5,555 

Mortgage-backed securities

  41,859   43   (4,092)     37,810 

Corporate bonds

  16,400   140   (360)     16,180 

U.S. Treasury securities

  2,997   5         3,002 

Total held-to-maturity securities

 $66,845  $188  $(4,486) $  $62,547 
                     

December 31, 2024

                    

Debt securities issued by U.S. government-sponsored enterprises

 $5,588  $  $(138) $  $5,450 

Mortgage-backed securities

  44,261   20   (5,334)     38,947 

Corporate bonds

  17,899   192   (471)     17,620 

U.S. Treasury securities

  5,467   21         5,488 

Total held-to-maturity securities

 $73,215  $233  $(5,943) $  $67,505 
Debt Securities, Available-for-Sale [Table Text Block]
      

Gross

  

Gross

  

Allowance

     
  

Amortized

  

Unrealized

  

Unrealized

  

for Credit

  

Fair

 

Available-for-sale

 

Cost

  

Gains

  

Losses

  

Losses

  

Value

 
  

(in thousands)

 

June 30, 2025

                    

Mortgage-backed securities

 $6,548  $39  $(10) $  $6,577 

Collateralized mortgage obligation

  2,992      (25)     2,967 

Corporate bonds

  10,529   10   (45)     10,494 

Total available-for-sale securities

 $20,069  $49  $(80) $  $20,038 
                     

December 31, 2024

                    

Mortgage-backed securities

 $4,164  $  $(38) $  $4,126 

Collateralized mortgage obligation

  1,452      (14)     1,438 

Corporate bonds

  1,000            1,000 

Total available-for-sale securities

 $6,616  $  $(52) $  $6,564 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
      

Less than 12 Months

  

12 Months or Longer

  

Total

 
  

# of

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Holdings

  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
              

(Dollars in thousands)

         

June 30, 2025

                            

Available-for-Sale:

                            

Mortgage-backed securities

  1  $1,365  $(10) $  $  $1,365  $(10)

Collateralized mortgage obligation

  2   2,967   (25)        2,967   (25)

Corporate bonds

  2   5,482   (45)        5,482   (45)

Total

  5  $9,814  $(80) $  $  $9,814  $(80)
                             

December 31, 2024

                            

Available-for-Sale:

                            

Mortgage-backed securities

  2  $4,126  $(38) $  $  $4,126  $(38)

Collateralized mortgage obligation

  1   1,438   (14)        1,438   (14)

Total

  3  $5,564  $(52) $  $  $5,564  $(52)
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Available-for-sale

  

Held-to-maturity

 
  

Fair

  

Amortized

  

Fair

 
  

Value

  

Cost

  

Value

 
  

(in thousands)

 

Within 1 year

 $  $14,317  $14,246 

After 1 year through 5 years

  9,515   14,407   14,331 

After 5 years through 10 years

  6,495   5,736   5,454 

After 10 years

  4,028   32,385   28,516 

Total

 $20,038  $66,845  $62,547