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Note 8 - Accumulated Other Comprehensive (Loss)
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

Note 8. Accumulated Other Comprehensive (Loss)

 

Changes in each component of accumulated other comprehensive (loss) were as follows (in thousands):

 

  

Net Unrealized Gains (Losses) on Securities

  

Change in Fair Value of Cash Flow Hedges

  

Accumulated Other Comprehensive (Loss)

 

Balance at March 31, 2024

 $(21,627) $2,110  $(19,517)

Unrealized holding gains (net of tax, $56)

  211      211 

Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $67)

  253      253 

Change in fair value of cash flow hedge (net of tax, $3)

     11   11 

Change during period

  464   11   475 

Balance at June 30, 2024

 $(21,163) $2,121  $(19,042)
             

Balance at March 31, 2025

 $(19,017) $1,954   (17,063)

Unrealized holding gains (net of tax, $231)

  868      868 

Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $51)

  191      191 

Change in fair value of cash flow hedge (net of tax, ($23))

     (88)  (88)

Change during period

  1,059   (88)  971 

Balance at June 30, 2025

 $(17,958) $1,866  $(16,092)

 

  

Net Unrealized Gains (Losses) on Securities

  

Change in Fair Value of Cash Flow Hedges

  

Accumulated Other Comprehensive (Loss)

 

Balance at December 31, 2023

 $(20,671) $1,965  $(18,706)

Unrealized holding losses (net of tax, ($274))

  (1,035)     (1,035)

Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $144)

  543      543 

Change in fair value of cash flow hedge (net of tax, $41)

     156   156 

Change during period

  (492)  156   (336)

Balance at June 30, 2024

 $(21,163) $2,121  $(19,042)
             

Balance at December 31, 2024

 $(20,817) $2,125  $(18,692)

Unrealized holding gains (net of tax, $659)

  2,480      2,480 

Amortization of unrealized holding losses on available-for-sale securities transferred to held to maturity (net of tax of $101)

  379      379 

Change in fair value of cash flow hedge (net of tax, ($69))

     (259)  (259)

Change during period

  2,859   (259)  2,600 

Balance at June 30, 2025

 $(17,958) $1,866  $(16,092)