Note 4 - Related Party Transactions |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Related Party Transactions Disclosure [Text Block] |
Certain executive officers and directors of the Company, including members of their immediate families and related companies were indebted to the Company during 2025 and 2024. The loans were made on the same terms, including interest rates and collateral, as those prevailing at the time for comparable loans with borrowers who are not related to the Company. During the years ended December 31, 2025 and 2024, the activity of these loans was as follows:
Unused lines of credit to related parties totaled $558.0 thousand at December 31, 2025 and 2024, respectively.
Letters of credit issued to related parties totaled $15.8 thousand at December 31, 2025 and 2024.
Deposits at the Company from related parties totaled $11.0 million and $7.1 million at December 31, 2025 and 2024, respectively.
Payments for goods and services to companies controlled by directors totaled $12.1 thousand in 2025 and $22.6 thousand in 2024.
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