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Note 3 - Debt Securities (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]
  

December 31, 2024

 
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

(Amounts in thousands)

                

U.S. Treasury securities

 $55,760  $10  $(1) $55,769 

Municipal securities

  13,949   2   (114)  13,837 

Corporate Notes

  28,598      (1,056)  27,542 

Mortgage-backed Agency securities

  86,380      (13,679)  72,701 

Total

 $184,687  $12  $(14,850) $169,849 
  

December 31, 2023

 
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

(Amounts in thousands)

                

U.S. Agency securities

 $5,750  $  $(1) $5,749 

U.S. Treasury securities

  146,653   16   (843)  145,826 

Municipal securities

  19,528   11   (162)  19,377 

Corporate Notes

  28,566      (1,485)  27,081 

Mortgage-backed Agency securities

  94,548   2   (11,622)  82,928 
  $295,045  $29  $(14,113) $280,961 
Investments Classified by Contractual Maturity Date [Table Text Block]

(Amounts in thousands)

 

U.S. Treasury Securities

  

Municipal Securities

  

Corporate Notes

  

Total

 

Amortized cost maturity:

                

One year or less

 $55,760  $4,074  $3,761  $63,595 

After one year through five years

     9,875   24,837   34,712 

After five years through ten years

            

After ten years

            

Amortized cost

 $55,760  $13,949  $28,598   98,307 

Mortgage-backed securities

              86,380 

Total amortized cost

             $184,687 
                 

Fair value maturity:

                

One year or less

 $55,769  $4,073  $3,719  $63,561 

After one year through five years

     9,764   23,823   33,587 

After five years through ten years

            

After ten years

            

Fair value

 $55,769  $13,837  $27,542   97,148 

Mortgage-backed securities

              72,701 

Total fair value

             $169,849 
Gain (Loss) on Securities [Table Text Block]
  

December 31, 2024

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

(Amounts in thousands)

                        

U.S. Treasury securities

 $4,984  $(1) $-  $-  $4,984  $(1)

Municipal securities

  3,914   (16)  6,638   (98)  10,552   (114)

Corporate Notes

        27,542   (1,056)  27,542   (1,056)

Mortgage-backed Agency securities

  4,100   (81)  68,601   (13,598)  72,701   (13,679)

Total

 $12,998  $(98) $102,781  $(14,752) $115,779  $(14,850)
  

December 31, 2023

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

(Amounts in thousands)

                        

U.S. Agency securities

 $5,749  $(1) $  $  $5,749  $(1)

U.S. Treasury securities

  11,417   (14)  129,108   (829)  140,525   (843)

Municipal securities

  4,742   (20)  5,484   (142)  10,226   (162)

Corporate Notes

        27,081   (1,485)  27,081   (1,485)

Mortgage-backed Agency securities

  3,421   (10)  78,319   (11,612)  81,740   (11,622)

Total

 $25,329  $(45) $239,992  $(14,068) $265,321  $(14,113)