v3.26.1
Note 10 - Subordinated Debentures (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Subordinated Debentures [Table Text Block]
 

Issue Date

 

Principal Amount

  

Unamortized Valuation Reserve

  

Recorded Value

 

Stated Rate Description

 

Effective Stated Rate

 

Stated Maturity

Subordinated debentures:

(dollars in thousands)

TFC Trust

12/22/2006

 $5,155  $963  $4,192 

Three-month CME Term SOFR plus 0.26% plus 1.65%

  5.58%

3/15/2037

FAIC Trust

12/15/2004

  7,217   649   6,568 

Three-month CME Term SOFR plus 0.26% plus 2.25%

  6.18%

12/15/2034

PGBH Trust

12/15/2004

  5,155   431   4,724 

Three-month CME Term SOFR plus 0.26% plus 2.10%

  6.03%

12/15/2034

Total

 $17,527  $2,043  $15,484