XML 62 R44.htm IDEA: XBRL DOCUMENT v3.25.1
Note 10 - Subordinated Debentures (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Subordinated Debentures [Table Text Block]
                
 

Issue Date

 

Principal Amount

  

Unamortized Valuation Reserve

  

Recorded Value

 

Stated Rate Description

 

December 31, 2024 Effective Rate

 

Stated Maturity

Subordinated debentures

(dollars in thousands)

TFC Trust

December 22, 2006

 $5,155  $1,099  $4,056 

Three-month CME Term SOFR plus 0.26% (a) plus 1.65%,

  6.27%

March 15, 2037

FAIC Trust I

December 15, 2004

  7,217   765   6,452 

Three-month CME Term SOFR 0.26% (a) plus 2.25%

  6.87%

December 15, 2034

PGBH Trust I

December 15, 2004

  5,155   507   4,648 

Three-month CME Term SOFR 0.26% (a) plus 2.10%

  6.72%

December 15, 2034

Total

 $17,527  $2,371  $15,156