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Note 12 - Income Taxes - Reconciliation of Effective Income Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income tax provision at statutory rate $ 8,744 $ 9,507 $ 7,767
Income tax provision at statutory rate, Percent 21.00% 21.00% 21.00%
Tax exempt income $ (179) $ (333) $ (852)
Tax exempt income, Percent (0.40%) (0.70%) (2.30%)
Nondeductible items resulting in increase in tax $ 160 $ 165 $ 31
Nondeductible items resulting in increase in tax, Percent 0.40% 0.40% 0.10%
Increase in tax resulting from other items $ 180 $ 36 $ 274
Increase in tax resulting from other items, Percent 0.40% 0.10% 0.70%
Equity compensation $ (631) $ (208) $ (146)
Equity compensation, Percent (1.50%) (0.50%) (0.40%)
Executive compensation $ 560 $ 52 $ 265
Executive compensation, Percent 1.30% 0.10% 0.70%
Gain on tax credit purchase $ (2,277) $ 0 $ 0
Gain on tax credit purchase, Percent (5.50%) 0.00% 0.00%
Total provision for income taxes $ 6,557 $ 9,219 $ 7,339
Total, Percent 15.70% 20.40% 19.80%