Note 14 - Fair Value (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

		Carrying Value:
(Dollars in thousands)
December 31, 2025		Level 1				Level 2				Level 3				Total

Recurring:
Available for sale securities
State and municipal		$	-			$	202			$	-			$	202
SBA pools			-				512				-				512
Corporate bonds			-				6,464				-				6,464
Mortgage-backed securities			-				111,552				-				111,552
		$	-			$	118,730			$	-			$	118,730
Fair value hedge:
Hedging liability		$	-			$	192			$	-			$	192

Equity security at fair value
Mutual fund		$	550			$	-			$	-			$	550

Nonrecurring:
Other real estate owned, net		$	-			$	-			$	1,673			$	1,673

		Carrying Value:
(Dollars in thousands)
December 31, 2024		Level 1				Level 2				Level 3				Total

Recurring:
Available for sale securities
State and municipal		$	-			$	487			$	-			$	487
SBA pools			-				629				-				629
Corporate bonds			-				7,185				-				7,185
Mortgage-backed securities			-				117,412				-				117,412
		$	-			$	125,713			$	-			$	125,713
Fair value hedge:
Hedging asset		$	-			$	626			$	-			$	626
Hedging liability			-				28				-				28
Net fair value hedge		$	-			$	598			$	-			$	598

Equity security at fair value
Mutual fund		$	518			$	-			$	-			$	518

Nonrecurring:
Other real estate owned, net		$	-			$	-			$	1,176			$	1,176
Collateral-dependent loans, net		$	-			$	-			$	2,080			$	2,080

Fair Value Measurements, Nonrecurring [Table Text Block]

(Dollars in thousands)

Description of Asset

Fair Value

Valuation technique

Unobservable Inputs

Range (Average)

Other real estate owned

$

1,673

Third party appraisals

and in-house real

estate valuations of fair value

Marketability/selling costs and current market conditions

0%

to

10%

(5%)

Description of Asset

Fair Value

Valuation technique

Unobservable Inputs

Range (Average)

Collateral-dependent loans

$

2,080

Third party appraisals

and in-house real estate valuations of fair value

Marketability/selling costs and current market conditions

0%

to

20%

(10%)

Other real estate owned

$

1,176

Third party appraisals

and in-house real

estate valuations of fair value

Marketability/selling costs and current market conditions

0%

to

10%

(5%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

		December 31, 2025								December 31, 2024
		Carrying				Estimated				Carrying				Estimated
(Dollars in thousands)		Amount				Fair Value				Amount				Fair Value
Financial assets
Level 1 inputs
Cash and cash equivalents		$	46,679			$	46,679			$	64,659			$	64,659
Equity security			550				550				518				518
Level 2 inputs
Certificates of deposit in other banks			100				100				100				100
Accrued interest receivable			2,535				2,535				2,439				2,439
Securities available for sale			118,730				118,730				125,713				125,713
Securities held to maturity			16,799				15,998				17,156				15,589
Mortgage loans held for sale			714				714				157				157
Restricted stock, at cost			3,693				3,693				921				921
Bank owned life insurance			15,353				15,353				15,324				15,324
Fair value hedge			-				-				626				626
Level 3 inputs
Securities held to maturity			4,256				4,256				3,343				3,343
Loans, net			633,144				629,560				582,993				572,346

Financial liabilities
Level 1 inputs
Noninterest-bearing deposits		$	117,098			$	117,098			$	107,197			$	107,197
Securities sold under repurchase agreements			4,317				4,317				5,564				5,564
Level 2 inputs
Interest-bearing deposits			603,361				602,889				651,609				654,346
Federal Home Loan Bank advances			62,700				62,843				5,000				4,957
Long-term debt			12,036				12,840				11,329				11,066
Accrued interest payable			1,278				1,278				1,003				1,003
Fair value hedge			192				192				28				28