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Note 10 - Borrowings
6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Debt Disclosure [Text Block]

10.

Borrowings

 

On June 11, 2021, the Company entered into a five-year four million dollar promissory note at a rate of 3.35% with an unaffiliated bank. The Company had outstanding borrowings of $4.0 million as of June 30, 2022 and none as of December 31, 2021.

 

The Company had no FHLB advances and $3.0 million of FHLB advances as of June 30, 2022 and December 31, 2021, respectively.