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Note 8 - Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2022
Notes Tables |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] |
|  | Carrying Value |
(In thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 86,709 |  |  | $ | - |  |  | $ | 86,709 |
Agency CMO |  |  | - |  |  |  | 7,232 |  |  |  | - |  |  |  | 7,232 |
Agency notes and bonds |  |  | - |  |  |  | 137,347 |  |  |  | - |  |  |  | 137,347 |
Treasury notes and bonds |  |  | - |  |  |  | 79,421 |  |  |  | - |  |  |  | 79,421 |
Municipal obligations |  |  | - |  |  |  | 144,570 |  |  |  | - |  |  |  | 144,570 |
Total securities available for sale |  | $ | - |  |  | $ | 455,279 |  |  | $ | - |  |  | $ | 455,279 |
Equity securities |  | $ | 1,616 |  |  | $ | - |  |  | $ | - |  |  |  | 1,616 |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 102,736 |  |  | $ | - |  |  | $ | 102,736 |
Agency CMO |  |  | - |  |  |  | 7,961 |  |  |  | - |  |  |  | 7,961 |
Agency notes and bonds |  |  | - |  |  |  | 129,096 |  |  |  | - |  |  |  | 129,096 |
Treasury notes and bonds |  |  | - |  |  |  | 49,794 |  |  |  | - |  |  |  | 49,794 |
Municipal obligations |  |  | - |  |  |  | 157,748 |  |  |  | - |  |  |  | 157,748 |
Total securities available for sale |  | $ | - |  |  | $ | 447,335 |  |  | $ | - |  |  | $ | 447,335 |
Equity securities |  | $ | 1,881 |  |  | $ | - |  |  | $ | - |  |  |  | 1,881 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Home equity and second mortgage |  | $ | - |  |  | $ | - |  |  | $ | 281 |  |  | $ | 281 |
Total impaired loans |  | $ | - |  |  | $ | - |  |  | $ | 281 |  |  | $ | 281 |
Foreclosed real estate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential real estate |  | $ | - |  |  | $ | - |  |  | $ | 36 |  |  | $ | 36 |
Total foreclosed real estate |  | $ | - |  |  | $ | - |  |  | $ | 36 |  |  | $ | 36 |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  | Carrying |  |  | Fair |  |  | Fair Value Measurements Using |
(In thousands) |  | Value |  |  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
September 30, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 83,786 |  |  | $ | 83,786 |  |  | $ | 83,786 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 2,454 |  |  |  | 2,357 |  |  |  | - |  |  |  | 2,357 |  |  |  | - |
Securities available for sale |  |  | 455,279 |  |  |  | 455,279 |  |  |  | - |  |  |  | 455,279 |  |  |  | - |
Securities held to maturity |  |  | 7,000 |  |  |  | 5,618 |  |  |  | - |  |  |  | 5,618 |  |  |  | - |
Loans held for sale |  |  | 1,312 |  |  |  | 1,328 |  |  |  | - |  |  |  | 1,328 |  |  |  | - |
Loans, net |  |  | 541,593 |  |  |  | 522,724 |  |  |  | - |  |  |  | - |  |  |  | 522,724 |
FHLB and other restricted stock |  |  | 1,836 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,714 |  |  |  | 3,714 |  |  |  | - |  |  |  | 3,714 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,616 |  |  |  | 1,616 |  |  |  | 1,616 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,063,099 |  |  |  | 1,060,968 |  |  |  | - |  |  |  | - |  |  |  | 1,060,968 |
Accrued interest payable |  |  | 74 |  |  |  | 74 |  |  |  | - |  |  |  | 74 |  |  |  | - |
December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 172,509 |  |  | $ | 172,509 |  |  | $ | 172,509 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 4,839 |  |  |  | 4,965 |  |  |  | - |  |  |  | 4,965 |  |  |  | - |
Securities available for sale |  |  | 447,335 |  |  |  | 447,335 |  |  |  | - |  |  |  | 447,335 |  |  |  | - |
Securities held to maturity |  |  | 2,000 |  |  |  | 2,004 |  |  |  | - |  |  |  | 2,004 |  |  |  | - |
Loans held for sale |  |  | 2,413 |  |  |  | 2,459 |  |  |  | - |  |  |  | 2,459 |  |  |  | - |
Loans, net |  |  | 483,287 |  |  |  | 481,961 |  |  |  | - |  |  |  | - |  |  |  | 481,961 |
FHLB and other restricted stock |  |  | 1,988 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,430 |  |  |  | 3,430 |  |  |  | - |  |  |  | 3,430 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,881 |  |  |  | 1,881 |  |  |  | 1,881 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,035,562 |  |  |  | 1,035,406 |  |  |  | - |  |  |  | - |  |  |  | 1,035,406 |
Accrued interest payable |  |  | 97 |  |  |  | 97 |  |  |  | - |  |  |  | 97 |  |  |  | - |

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