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Note 10 - Subordinated Debentures (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]

As of December 31, 2024

Issuance Date

 

Securities Issued

 

Liquidation Value

Coupon Rate

Maturity

Redeemable by Issuer Beginning

12/19/2003

 $5,000,000 

$1,000 per Capital Security

Floating 3-month CME Term SOFR + 285 Basis Points + 26.161 Basis Points

1/23/2034

1/23/2009

As of December 31, 2023

Issuance Date

 

Securities Issued

 

Liquidation Value

Coupon Rate

Maturity

Redeemable by Issuer Beginning

12/19/2003

 $5,000,000 

$1,000 per Capital Security

Floating 3-month CME Term SOFR + 285 Basis Points + 26.161 Basis Points

1/23/2034

1/23/2009