v3.26.1
Note 14 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
  

2025

  

2024

 

Federal:

        

Current

 $(145) $652 

Deferred

  227   97 

Total federal

  82   749 

State, current

  240   441 

Total

 $322  $1,190 
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
  

2025

  

2024

 
  

Amount

  

Rate

  

Amount

  

Rate

 

Federal income tax at statutory rate

 $135   21.0% $837   21.0%

State tax, net of federal benefit

  187   29.0   349   8.7 

Stock compensation expense

  25   3.9   26   0.6 

BOLI income

  (27)  (4.2)  (25)  (0.6)

Other

  2   0.3   3   0.1 

Total

 $322   50.0% $1,190   29.8%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
  

2025

  

2024

 

Deferred tax assets:

        

Allowance for credit losses

 $1,353  $1,360 

Deferred loan fees

  -   83 

Stock-based compensation

  26   16 

Interest on non-accrual loans

  96   119 

Total deferred tax assets

  1,475   1,578 

Deferred tax liabilities:

        

Bank premises and equipment

  (307)  (327)

Deferred loan fees

  (140)  - 

Intangible

  (36)  (32)

Unrealized gains on investment securities available for sale

  (1)  - 

Total deferred tax liabilities

  484   359 

Net Deferred Tax Asset

 $991  $1,219