v3.25.4
Note 11 - Income Taxes - Schedule of Income Tax Expense Differed From Federal Statutory Rate Income Before Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Computed “expected” income tax expense $ (2,921) $ 6,893 $ 7,012
Tax exempt Interest (112) (136) (200)
BOLI Income (250) (225) (211)
Low Income Housing Investment amortization 1,700 386 130
State Income Taxes (279) 649 637
Restricted Stock Adjustment (36) (100) (119)
Federal tax credits (2,363) (1,317) (472)
Other Adjustments 337 89 (63)
Total $ (3,924) $ 6,239 $ 6,714