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Note 2 - Investments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

Investment [Table Text Block]

		March 31, 2025
														Estimated
		Amortized				Unrealized				Unrealized				Fair
SECURITIES AVAILABLE-FOR-SALE		Cost				Gains				Losses				Values				ACL
U.S. agency securities		$	20,251			$	45			$	(2,728	)		$	17,568			$	—
Corporate securities			16,000				8				(821	)			15,187				—
Municipal bonds			82,495				—				(12,374	)			70,121				—
Mortgage-backed securities			186,222				1,462				(10,302	)			177,382				—
Asset-backed securities			11,767				67				(959	)			10,875				—
Total securities available-for-sale			316,735				1,582				(27,184	)			291,133				—
SECURITIES HELD-TO-MATURITY
Corporate securities			10,500				1				(243	)			10,258				66
Total securities held-to-maturity			10,500				1				(243	)			10,258				66
Total securities		$	327,235			$	1,583			$	(27,427	)		$	301,391			$	66

		December 31, 2024
														Estimated
		Amortized				Unrealized				Unrealized				Fair
SECURITIES AVAILABLE-FOR-SALE		Cost				Gains				Losses				Values				ACL
U.S. agency securities		$	20,247			$	45			$	(3,154	)		$	17,138			$	—
Corporate securities			16,000				8				(882	)			15,126				—
Municipal bonds			82,774				—				(12,430	)			70,344				—
Mortgage-backed securities			178,740				415				(11,969	)			167,186				—
Asset-backed securities			12,511				3				(1,133	)			11,381				—
Total securities available-for-sale			310,272				471				(29,568	)			281,175				—
SECURITIES HELD-TO-MATURITY
Corporate securities			8,500				—				(356	)			8,144				45
Total securities held-to-maturity			8,500				—				(356	)			8,144				45
Total securities		$	318,772			$	471			$	(29,924	)		$	289,319			$	45

Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]

SECURITIES HELD-TO-MATURITY		For the Three Months Ended March 31,
Corporate Securities		2025				2024
Beginning ACL balance		$	45			$	45
Provision for credit losses			21				—
Total ending ACL balance		$	66			$	45

Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]

		March 31,				December 31,
Corporate securities		2025				2024
BBB/BBB-		$	10,500			$	8,500

Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]

		March 31, 2025
Purpose or beneficiary		Carrying Value				Amortized Cost				Fair Value
State and local government public deposits		$	34,483			$	40,193			$	34,483

Gain (Loss) on Securities [Table Text Block]

		March 31, 2025
		Less than 12 Months								12 Months or Longer								Total
SECURITIES AVAILABLE-FOR-SALE		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
U.S. agency securities		$	—			$	—			$	15,523			$	(2,728	)		$	15,523			$	(2,728	)
Corporate securities			2,983				(17	)			9,196				(804	)			12,179				(821	)
Municipal bonds			1,674				(4	)			68,447				(12,370	)			70,121				(12,374	)
Mortgage-backed securities			35,231				(294	)			65,190				(10,008	)			100,421				(10,302	)
Asset-backed securities			—				—				6,798				(959	)			6,798				(959	)
Total securities available-for-sale			39,888				(315	)			165,154				(26,869	)			205,042				(27,184	)
SECURITIES HELD-TO-MATURITY
Corporate securities			1,937				(63	)			4,319				(180	)			6,256				(243	)
Total securities held-to-maturity			1,937				(63	)			4,319				(180	)			6,256				(243	)
Total securities		$	41,825			$	(378	)		$	169,473			$	(27,049	)		$	211,298			$	(27,427	)

		December 31, 2024
		Less than 12 Months								12 Months or Longer								Total
SECURITIES AVAILABLE-FOR-SALE		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
U.S. agency securities		$	—			$	—			$	15,093			$	(3,154	)		$	15,093			$	(3,154	)
Corporate securities			6,781				(219	)			5,337				(663	)			12,118				(882	)
Municipal bonds			1,677				(10	)			68,667				(12,420	)			70,344				(12,430	)
Mortgage-backed securities			31,093				(241	)			63,934				(11,728	)			95,027				(11,969	)
Asset-backed securities			3,638				(41	)			7,190				(1,092	)			10,828				(1,133	)
Total securities available-for-sale			43,189				(511	)			160,221				(29,057	)			203,410				(29,568	)
SECURITIES HELD-TO-MATURITY
Corporate securities			—				—				8,144				(356	)			8,144				(356	)
Total securities held-to-maturity			—				—				8,144				(356	)			8,144				(356	)
Total securities		$	43,189			$	(511	)		$	168,365			$	(29,413	)		$	211,554			$	(29,924	)

Investments Classified by Contractual Maturity Date [Table Text Block]

		March 31, 2025								December 31, 2024
SECURITIES AVAILABLE-FOR-SALE		Amortized				Fair				Amortized				Fair
U.S. agency securities		Cost				Value				Cost				Value
Due after one year through five years		$	4,965			$	4,654			$	4,962			$	4,575
Due after five years through ten years			10,976				9,434				10,975				9,193
Due after ten years			4,310				3,480				4,310				3,370
Subtotal			20,251				17,568				20,247				17,138
Corporate securities
Due after one year through five years			14,000				13,677				11,000				10,766
Due after five years through ten years			—				—				3,000				2,918
Due after ten years			2,000				1,510				2,000				1,442
Subtotal			16,000				15,187				16,000				15,126
Municipal bonds
Due after one year through five years			2,173				2,164				2,186				2,168
Due after five years through ten years			4,145				3,733				4,158				3,728
Due after ten years			76,177				64,224				76,430				64,448
Subtotal			82,495				70,121				82,774				70,344
Mortgage-backed securities
Federal National Mortgage Association (“FNMA”)			90,055				81,520				90,771				80,677
Federal Home Loan Mortgage Corporation (“FHLMC”)			49,219				49,489				48,765				47,773
Government National Mortgage Association (“GNMA”)			46,948				46,373				39,204				38,736
Subtotal			186,222				177,382				178,740				167,186
Asset-backed securities
Due within one year			331				326				203				200
Due after one year through five years			843				817				1,073				1,037
Due after five years through ten years			2,639				2,458				2,867				2,648
Due after ten years			7,954				7,274				8,368				7,496
Subtotal			11,767				10,875				12,511				11,381
Total securities available-for-sale			316,735				291,133				310,272				281,175
SECURITIES HELD-TO-MATURITY
Corporate securities
Due after five years through ten years			10,500				10,258				8,500				8,144
Total securities held-to-maturity			10,500				10,258				8,500				8,144
Total securities		$	327,235			$	301,391			$	318,772			$	289,319

Schedule of Realized Gain (Loss) [Table Text Block]

For the Three Months Ended March 31, 2025

Gross

Gross

Proceeds

Gains

(Losses)

Securities available-for-sale

$

—

$

—

$

—

		For the Three Months Ended March 31, 2024
						Gross				Gross
		Proceeds				Gains				(Losses)
Securities available-for-sale		$	44,036			$	—			$	(7,998	)

X

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Tabular disclosure of allowance for credit loss on investment in debt security measured at amortized cost (held-to-maturity).

+ References

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-Topic 326
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