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

10.     Borrowings

 

On June 6, 2022, the Company advanced $4.0 million on a five-year promissory note at a rate of 3.35% with an unaffiliated bank. The Company had outstanding borrowings of $3.9 million as of September 30, 2022 and none as of December 31, 2021.

 

The Company had $23.6 million of short-term FHLB advances as of September 30, 2022 and $3.0 million of long-term FHLB advances as of December 31, 2021.