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Note 10 - Borrowings
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Debt Disclosure [Text Block]

10.

Borrowings

 

On June 11, 2021, the Company entered into a promissory note and line of credit agreement with an unaffiliated bank, providing for a five-year four million dollar line of credit facility. The Company had no outstanding borrowings on the line of credit as of March 31, 2022 and December 31, 2021.

 

The Company had $3.0 million of FHLB advances as of December 31, 2021 and none as of March 31, 2022.