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Note 12 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | For the Year Ending December 31, |
Provision for income taxes |  | 2024 |  |  | 2023 |  |  | 2022 |
Current |  | $ | 8,580 |  |  | $ | 9,912 |  |  | $ | 8,183 |
Deferred |  |  | (2,023 | ) |  |  | (693 | ) |  |  | (844 | )
Total provision for income taxes |  | $ | 6,557 |  |  | $ | 9,219 |  |  | $ | 7,339 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | Amount |  |  | Rate |  |  | Amount |  |  | Rate |  |  | Amount |  |  | Rate |
Income tax provision at statutory rate |  | $ | 8,744 |  |  |  | 21.0 | % |  | $ | 9,507 |  |  |  | 21.0 | % |  | $ | 7,767 |  |  |  | 21.0 | %
Tax exempt income |  |  | (179 | ) |  |  | (0.4 | ) |  |  | (333 | ) |  |  | (0.7 | ) |  |  | (852 | ) |  |  | (2.3 | )
Nondeductible items resulting in increase in tax |  |  | 160 |  |  |  | 0.4 |  |  |  | 165 |  |  |  | 0.4 |  |  |  | 31 |  |  |  | 0.1 |
Increase in tax resulting from other items |  |  | 180 |  |  |  | 0.4 |  |  |  | 36 |  |  |  | 0.1 |  |  |  | 274 |  |  |  | 0.7 |
Equity compensation |  |  | (631 | ) |  |  | (1.5 | ) |  |  | (208 | ) |  |  | (0.5 | ) |  |  | (146 | ) |  |  | (0.4 | )
Executive compensation |  |  | 560 |  |  |  | 1.3 |  |  |  | 52 |  |  |  | 0.1 |  |  |  | 265 |  |  |  | 0.7 |
Gain on tax credit purchase |  |  | (2,277 | ) |  |  | (5.5 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 6,557 |  |  |  | 15.7 | % |  | $ | 9,219 |  |  |  | 20.4 | % |  | $ | 7,339 |  |  |  | 19.8 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
Deferred Tax Assets |  | December 31, |
|  | 2024 |  |  | 2023 |
ACL on loans |  | $ | 6,859 |  |  | $ | 6,746 |
Non-accrued loan interest |  |  | 42 |  |  |  | 3 |
Restricted stock awards |  |  | 105 |  |  |  | 113 |
Non-qualified stock options |  |  | 489 |  |  |  | 615 |
Lease liability |  |  | 1,194 |  |  |  | 1,463 |
Securities available-for-sale |  |  | 6,256 |  |  |  | 7,689 |
ACL on unfunded commitments |  |  | 302 |  |  |  | 327 |
Other |  |  | 36 |  |  |  | 49 |
Purchase accounting adjustments |  |  | 481 |  |  |  | 48 |
Total deferred tax assets |  |  | 15,764 |  |  |  | 17,053 |
Deferred Tax Liabilities |  |  |  |  |  |  |  |
Loan origination costs |  |  | (2,513 | ) |  |  | (2,512 | )
MSRs |  |  | (1,960 | ) |  |  | (3,679 | )
Stock dividend - FHLB stock |  |  | — |  |  |  | (7 | )
Property, plant, and equipment |  |  | (1,515 | ) |  |  | (1,408 | )
Lease right-of-use assets |  |  | (1,156 | ) |  |  | (1,415 | )
Interest rate swaps designated as cash flow hedge |  |  | (1,561 | ) |  |  | (1,307 | )
Total deferred tax liabilities |  |  | (8,705 | ) |  |  | (10,328 | )
Net deferred tax assets |  | $ | 7,059 |  |  | $ | 6,725 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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