Note 7 - Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

(dollars in thousands)

Line Item in the

Carrying

Carrying

Balance Sheet in

Carrying

amount of fair

Carrying

amount of fair

Which the Hedged

amount of the

value hedging

amount of the

value hedging

Item is Included

hedged assets

adjustment

hedged assets

adjustment

June 30, 2025

June 30, 2025

December 31, 2024

December 31, 2024

Securities available for sale

$

83,972

$

132

$

103,174

$

556

		June 30, 2025				December 31, 2024
		Fair				Fair
(dollars in thousands)		Value				Value

Included in other assets:
Derivatives designated as hedges:
Interest rate swaps related to securities available for sale		$	114			$	626

Total included in other assets		$	114			$	626

Included in other liabilities:
Derivatives designated as hedges:
Interest rate swaps related to securities available for sale		$	233			$	28

Total included in other liabilities		$	233			$	28

Derivative Instruments, Gain (Loss) [Table Text Block]

	Fair Value Hedging Relationships

	Total amounts of income and expense line items presented in the statements of income in which the effects of the fair value hedge is recorded are as follows:

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


The effects of fair value hedging:
Gain on fair value hedging relationships:
Hedged items			$	9			$	(17	)		$	11			$	-
Interest rate contracts designated as hedging instruments				117				225				177				357
Net gain on fair value hedging relationships included in interest income from investment securities - taxable			$	126			$	208			$	188			$	357