Note 3 - Investment Securities (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Marketable Securities [Table Text Block]

(dollars in thousands)		Amortized				Unrealized				Unrealized				Fair				Allowance for				Net Carrying
June 30, 2025		cost (1)				gains				losses				value				Credit Losses				Amount

*Available for sale*

State and municipal		$	455			$	-			$	6			$	449			$	-			$	449
SBA pools			563				1				3				561				-				561
Corporate bonds			7,050				-				818				6,232				-				6,232
Mortgage-backed securities			134,012				59				19,879				114,192				-				114,192
		$	142,080			$	60			$	20,706			$	121,434			$	-			$	121,434

*Held to maturity*

State and municipal		$	21,409			$	-			$	1,527			$	19,882			$	81			$	21,328

(dollars in thousands)		Amortized				Unrealized				Unrealized				Fair				Allowance for				Net Carrying
December 31, 2024		cost (1)				gains				losses				value				Credit Losses				Amount

*Available for sale*

State and municipal		$	500			$	-			$	13			$	487			$	-			$	487
SBA pools			634				1				6				629				-				629
Corporate bonds			8,054				-				869				7,185				-				7,185
Mortgage-backed securities			139,853				13				22,454				117,412				-				117,412
		$	149,041			$	14			$	23,342			$	125,713			$	-			$	125,713

*Held to maturity*

State and municipal		$	20,559			$	1			$	1,628			$	18,932			$	60			$	20,499

Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]

(dollars in thousands)		June 30, 2025				December 31, 2024
AAA		$	2,812			$	2,803
AA			12,407				12,603
A			1,514				1,811
Not rated			4,676				3,342
Total		$	21,409			$	20,559

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]

		Three Months				Six Months				Three Months				Six Months
		Ended				Ended				Ended				Ended
(dollars in thousands)		June 30, 2025				June 30, 2025				June 30, 2024				June 30, 2024

Beginning balance		$	63			$	60			$	32			$	36

Credit loss provision			18				21				95				91
Ending balance		$	81			$	81			$	127			$	127

Investments Classified by Contractual Maturity Date [Table Text Block]

		Available for Sale								Held to Maturity
(dollars in thousands)		Amortized				Fair				Amortized				Fair
June 30, 2025		cost (1)				value				cost				value

Within one year		$	250			$	249			$	259			$	259
Over one to five years			755				698				402				397
Over five to ten years			6,500				5,734				8,655				8,153
Over ten years			-				-				12,093				11,073
			7,505				6,681				21,409				19,882
Mortgage-backed securities and SBA pools, due in monthly installments			134,575				114,753				-				-
		$	142,080			$	121,434			$	21,409			$	19,882

Gain (Loss) on Securities [Table Text Block]

(dollars in thousands)
June 30, 2025		Less than 12 months								12 months or more								Total
Description of investments		Fair Value				Unrealized Loss				Fair Value				Unrealized Loss				Fair Value				Unrealized Loss

State and municipal		$	-			$	-			$	449			$	6			$	449			$	6
SBA pools			-				-				335				3				335				3
Corporate bonds			-				-				6,232				818				6,232				818
Mortgage-backed securities			14,324				352				89,332				19,527				103,656				19,879
Total		$	14,324			$	352			$	96,348			$	20,354			$	110,672			$	20,706

(dollars in thousands)
December 31, 2024		Less than 12 months								12 months or more								Total
						Unrealized								Unrealized								Unrealized
Description of investments		Fair value				losses				Fair value				losses				Fair value				losses

State and municipal		$	-			$	-			$	487			$	13			$	487			$	13
SBA pools			162				-				372				6				534				6
Corporate bonds			-				-				7,185				869				7,185				869
Mortgage-backed securities			22,141				552				91,991				21,902				114,132				22,454
Total		$	22,303			$	552			$	100,035			$	22,790			$	122,338			$	23,342