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Note 9 - Lines of Credit
12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Debt Disclosure [Text Block]

(9)         LINES OF CREDIT

 

The Bank has an unsecured federal funds purchased line of credit through Independent Community Bankers’ Bank (formerly The Bankers’ Bank of Kentucky) with a maximum borrowing amount of $5.0 million. At December 31, 2022 and 2021, the Bank had no outstanding federal funds purchased under the line of credit.

 

The Bank also has a $2.0 million revolving line of credit with Stock Yards Bank & Trust Company. At December 31, 2022 and 2021, the Bank had no outstanding borrowings under the line of credit.