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Note 9 - Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2023
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 |
March 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 82,306 |  |  | $ | - |  |  | $ | 82,306 |
Agency CMO |  |  | - |  |  |  | 8,947 |  |  |  | - |  |  |  | 8,947 |
Agency notes and bonds |  |  | - |  |  |  | 141,424 |  |  |  | - |  |  |  | 141,424 |
Treasury notes and bonds |  |  | - |  |  |  | 79,811 |  |  |  | - |  |  |  | 79,811 |
Municipal obligations |  |  | - |  |  |  | 157,602 |  |  |  | - |  |  |  | 157,602 |
Total securities available for sale |  | $ | - |  |  | $ | 470,090 |  |  | $ | - |  |  | $ | 470,090 |
Equity securities |  | $ | 1,604 |  |  | $ | - |  |  | $ | - |  |  |  | 1,604 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 Family Residential Mortgage |  | $ | - |  |  | $ | - |  |  | $ | 26 |  |  | $ | 26 |
Home Equity and Second Mortgage |  |  | - |  |  |  | - |  |  |  | 68 |  |  |  | 68 |
Total collateral dependent loans |  | $ | - |  |  | $ | - |  |  | $ | 94 |  |  | $ | 94 |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 83,863 |  |  | $ | - |  |  | $ | 83,863 |
Agency CMO |  |  | - |  |  |  | 9,353 |  |  |  | - |  |  |  | 9,353 |
Agency notes and bonds |  |  | - |  |  |  | 137,981 |  |  |  | - |  |  |  | 137,981 |
Treasury notes and bonds |  |  | - |  |  |  | 78,732 |  |  |  | - |  |  |  | 78,732 |
Municipal obligations |  |  | - |  |  |  | 150,890 |  |  |  | - |  |  |  | 150,890 |
Total securities available for sale |  | $ | - |  |  | $ | 460,819 |  |  | $ | - |  |  | $ | 460,819 |
Equity securities |  | $ | 1,467 |  |  | $ | - |  |  | $ | - |  |  |  | 1,467 |
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 |
March 31, 2023: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 35,881 |  |  | $ | 35,881 |  |  | $ | 35,881 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 3,676 |  |  |  | 3,652 |  |  |  | - |  |  |  | 3,652 |  |  |  | - |
Securities available for sale |  |  | 470,090 |  |  |  | 470,090 |  |  |  | - |  |  |  | 470,090 |  |  |  | - |
Securities held to maturity |  |  | 7,000 |  |  |  | 5,296 |  |  |  | - |  |  |  | 5,296 |  |  |  | - |
Loans held for sale |  |  | 576 |  |  |  | 587 |  |  |  | - |  |  |  | 587 |  |  |  | - |
Loans, net |  |  | 565,576 |  |  |  | 567,198 |  |  |  | - |  |  |  | - |  |  |  | 567,198 |
FHLB and other restricted stock |  |  | 1,836 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 4,156 |  |  |  | 4,156 |  |  |  | - |  |  |  | 4,156 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,604 |  |  |  | 1,604 |  |  |  | 1,604 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,035,450 |  |  |  | 1,033,446 |  |  |  | - |  |  |  | - |  |  |  | 1,033,446 |
Accrued interest payable |  |  | 218 |  |  |  | 218 |  |  |  | - |  |  |  | 218 |  |  |  | - |
December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 66,298 |  |  | $ | 66,298 |  |  | $ | 66,298 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 3,677 |  |  |  | 3,638 |  |  |  | - |  |  |  | 3,638 |  |  |  | - |
Securities available for sale |  |  | 460,819 |  |  |  | 460,819 |  |  |  | - |  |  |  | 460,819 |  |  |  | - |
Securities held to maturity |  |  | 7,000 |  |  |  | 5,311 |  |  |  | - |  |  |  | 5,311 |  |  |  | - |
Loans held for sale |  |  | 793 |  |  |  | 803 |  |  |  | - |  |  |  | 803 |  |  |  | - |
Loans, net |  |  | 557,958 |  |  |  | 554,634 |  |  |  | - |  |  |  | - |  |  |  | 554,634 |
FHLB and other restricted stock |  |  | 1,836 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 4,285 |  |  |  | 4,285 |  |  |  | - |  |  |  | 4,285 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,467 |  |  |  | 1,467 |  |  |  | 1,467 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,060,396 |  |  |  | 1,058,122 |  |  |  | - |  |  |  | - |  |  |  | 1,058,122 |
Accrued interest payable |  |  | 123 |  |  |  | 123 |  |  |  | - |  |  |  | 123 |  |  |  | - |

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