Note 8 - Securities Sold Under Agreements to Repurchase |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||
| Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block] |
Securities sold under agreements to repurchase totaling $97,855,000 and $22,073,000 at December 31, 2025 and 2024, respectively, are secured by U.S. Government agency securities with a carrying amount of $112,059,000 and $38,461,000 at December 31, 2025 and 2024, respectively.
Securities sold under agreements to repurchase are financing arrangements that mature within years. At maturity, the securities underlying the agreements are returned to the Company. Information concerning securities sold under agreements to repurchase during 2025 and 2024 is summarized as follows:
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