v3.26.1
Note 2 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
  

June 30, 2026

 

(Dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

Collateralized Mortgage Backed

 $18,210  $3  $(3,079) $15,134 

Subordinated Debt

  11,880   27   (498)  11,409 

Preferred Stock

  475         475 

Municipal Securities:

                

Taxable

  9,584      (1,901)  7,683 

Tax-exempt

  22,312   15   (1,725)  20,602 

U.S. Governmental Agencies

  1,820   7   (16)  1,811 

Total

 $64,281  $52  $(7,219) $57,114 
  

December 31, 2025

 

(Dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

Collateralized Mortgage Backed

 $19,027  $7  $(2,981) $16,053 

Subordinated Debt

  11,872   2   (668)  11,206 

Preferred Stock

  468         468 

Municipal Securities:

                

Taxable

  9,597      (1,908)  7,689 

Tax-exempt

  22,383   25   (1,957)  20,451 

U.S. Governmental Agencies

  2,098   6   (17)  2,087 

Total

 $65,445  $40  $(7,531) $57,954 
Debt Securities, Held-to-Maturity [Table Text Block]
  

June 30, 2026

 

(Dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

Municipal Securities:

                

Tax-exempt

 $13,785  $27  $(46) $13,766 

Total

 $13,785  $27  $(46) $13,766 
  

December 31, 2025

 

(Dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

Municipal Securities:

                

Tax-exempt

 $13,798  $32  $(76) $13,754 

Total

 $13,798  $32  $(76) $13,754 
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]

(Dollars in thousands)

 

Municipal Securities

  

Total HTM Securities

 

June 30, 2026

        

Credit Rating:

        

AAA/AA/A

 $13,785  $13,785 

Total

 $13,785  $13,785 

December 31, 2025

        

Credit Rating:

        

AAA/AA/A

 $13,798  $13,798 

Total

 $13,798  $13,798 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

June 30, 2026

 
  

Available-for-Sale

  

Held-to-Maturity

 

(Dollars in thousands)

 

Amortized Cost

  

Fair Value

  

Amortized Cost

  

Fair Value

 

Due in one year or less

 $  $  $1,150  $1,150 

Due from one to five years

  3,470   3,412   2,390   2,387 

Due from after five to ten years

  17,410   16,578   3,598   3,621 

Due after ten years

  43,401   37,124   6,647   6,608 

Total

 $64,281  $57,114  $13,785  $13,766 
  

December 31, 2025

 
  

Available-for-Sale

  

Held-to-Maturity

 

(Dollars in thousands)

 

Amortized Cost

  

Fair Value

  

Amortized Cost

  

Fair Value

 

Due in one year or less

 $  $  $399  $399 

Due from one to five years

  1,470   1,395   3,140   3,134 

Due from after five to ten years

  17,645   16,721   3,606   3,633 

Due after ten years

  46,330   39,838   6,653   6,588 

Total

 $65,445  $57,954  $13,798  $13,754 
Gain (Loss) on Securities [Table Text Block]
  

June 30, 2026

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 

(Dollars in thousands)

 

Fair Value

  

Unrealized Loss

  

Fair Value

  

Unrealized Loss

  

Fair Value

  

Unrealized Loss

 

Available-for-sale:

                        

Collateralized Mortgage Backed

 $  $  $14,950  $(3,079) $14,950  $(3,079)

Subordinated Debt

  1,159   (29)  7,251   (469)  8,410   (498)

Municipal securities:

                        

Taxable

        7,683   (1,901)  7,683   (1,901)

Tax-exempt

  4,260   (45)  12,566   (1,680)  16,826   (1,725)

U.S. Governmental Agencies

        504   (16)  504   (16)

Total

 $5,419  $(74) $42,954  $(7,145) $48,373  $(7,219)
  

December 31, 2025

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 

(Dollars in thousands)

 

Fair Value

  

Unrealized Loss

  

Fair Value

  

Unrealized Loss

  

Fair Value

  

Unrealized Loss

 

Available-for-sale:

                        

Collateralized Mortgage Backed

 $  $  $15,807  $(2,981) $15,807  $(2,981)

Subordinated Debt

  1,857   (45)  7,347   (623)  9,204   (668)

Municipal Securities:

                        

Taxable

        7,689   (1,908)  7,689   (1,908)

Tax-exempt

        14,796   (1,957)  14,796   (1,957)

U.S. Government Agencies

        579   (17)  579   (17)

Total

 $1,857  $(45) $46,218  $(7,486) $48,075  $(7,531)