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Note 6 - Other Borrowings	6 Months Ended
Jun. 30, 2021
Notes to Financial Statements
Other Borrowings [Text Block]	Note 6. Other Borrowings The Company had an unsecured line of credit totaling $5.0 million with a non-affiliated bank at June 30, 2021. There were no borrowings outstanding on the line of credit at June 30, 2021. The interest rate on the line of credit floats at Wall Street Journal Prime Rate plus 0.25%, with a floor of 3.50%, and matures on March 28, 2026. The Bank had unused lines of credit totaling $268.3 million and $237.7 million available with non-affiliated banks at June 30, 2021 and December 31, 2020, respectively. These amounts primarily consist of a blanket floating lien agreement with the Federal Home Loan Bank of Atlanta (FHLB) in which the Bank can borrow up to 19% of its total assets. The unused line of credit with FHLB totaled $192.9 million at June 30, 2021. The Bank had collateral pledged on the borrowing line at June 30, 2021 and December 31, 2020 including real estate loans totaling $258.4 million and $221.1 million, respectively, and Federal Home Loan Bank stock with a book value of $573 thousand and $818 thousand, respectively. The Bank did not have borrowings from the FHLB at June 30, 2021 and December 31, 2020.

Note 6 - Other Borrowings

6 Months Ended

Jun. 30, 2021

Note 6. Other Borrowings

The Company had an unsecured line of credit totaling $5.0 million with a non-affiliated bank at June 30, 2021. There were no borrowings outstanding on the line of credit at June 30, 2021. The interest rate on the line of credit floats at Wall Street Journal Prime Rate plus 0.25%, with a floor of 3.50%, and matures on March 28, 2026.

The Bank had unused lines of credit totaling $268.3 million and $237.7 million available with non-affiliated banks at June 30, 2021 and December 31, 2020, respectively. These amounts primarily consist of a blanket floating lien agreement with the Federal Home Loan Bank of Atlanta (FHLB) in which the Bank can borrow up to 19% of its total assets. The unused line of credit with FHLB totaled $192.9 million at June 30, 2021. The Bank had collateral pledged on the borrowing line at June 30, 2021 and December 31, 2020 including real estate loans totaling $258.4 million and $221.1 million, respectively, and Federal Home Loan Bank stock with a book value of $573 thousand and $818 thousand, respectively. The Bank did not have borrowings from the FHLB at June 30, 2021 and December 31, 2020.