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Note 11 - Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2025
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, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 71,201 |  |  | $ | - |  |  | $ | 71,201 |
Agency CMO |  |  | - |  |  |  | 64,516 |  |  |  | - |  |  |  | 64,516 |
Agency notes and bonds |  |  | - |  |  |  | 108,015 |  |  |  | - |  |  |  | 108,015 |
Treasury notes and bonds |  |  | 16,693 |  |  |  | - |  |  |  | - |  |  |  | 16,693 |
Municipal obligations |  |  | - |  |  |  | 131,293 |  |  |  | - |  |  |  | 131,293 |
Total securities available for sale |  | $ | 16,693 |  |  | $ | 375,025 |  |  | $ | - |  |  | $ | 391,718 |
Equity securities |  | $ | 905 |  |  | $ | - |  |  | $ | - |  |  |  | 905 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Business |  | $ | - |  |  | $ | - |  |  | $ | 633 |  |  | $ | 633 |
1-4 Family Residential Construction |  |  | - |  |  |  | - |  |  |  | 36 |  |  |  | 36 |
Total collateral dependent loans |  | $ | - |  |  | $ | - |  |  | $ | 669 |  |  | $ | 669 |
|  | Carrying Value |
(In thousands) |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets Measured on a Recurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency mortgage-backed securities |  | $ | - |  |  | $ | 67,941 |  |  | $ | - |  |  | $ | 67,941 |
Agency CMO |  |  | - |  |  |  | 47,518 |  |  |  | - |  |  |  | 47,518 |
Agency notes and bonds |  |  | - |  |  |  | 118,080 |  |  |  | - |  |  |  | 118,080 |
Treasury notes and bonds |  |  | 21,549 |  |  |  | - |  |  |  | - |  |  |  | 21,549 |
Municipal obligations |  |  | - |  |  |  | 134,155 |  |  |  | - |  |  |  | 134,155 |
Total securities available for sale |  | $ | 21,549 |  |  | $ | 367,694 |  |  | $ | - |  |  | $ | 389,243 |
Equity securities |  | $ | 886 |  |  | $ | - |  |  | $ | - |  |  |  | 886 |
Assets Measured on a Nonrecurring Basis |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial Business |  | $ | - |  |  | $ | - |  |  | $ | 693 |  |  | $ | 693 |
1-4 Family Residential Construction |  |  | - |  |  |  | - |  |  |  | 36 |  |  |  | 36 |
Total collateral dependent loans |  | $ | - |  |  | $ | - |  |  | $ | 729 |  |  | $ | 729 |
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, 2025: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 116,623 |  |  | $ | 116,623 |  |  | $ | 116,623 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 2,695 |  |  |  | 2,729 |  |  |  | - |  |  |  | 2,729 |  |  |  | - |
Securities available for sale |  |  | 391,718 |  |  |  | 391,718 |  |  |  | 16,693 |  |  |  | 375,025 |  |  |  | - |
Securities held to maturity |  |  | 7,000 |  |  |  | 4,591 |  |  |  | - |  |  |  | 4,591 |  |  |  | - |
Loans held for sale |  |  | 341 |  |  |  | 345 |  |  |  | - |  |  |  | 345 |  |  |  | - |
Loans, net |  |  | 642,941 |  |  |  | 631,143 |  |  |  | - |  |  |  | - |  |  |  | 631,143 |
FHLB and other restricted stock |  |  | 1,836 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 4,558 |  |  |  | 4,558 |  |  |  | - |  |  |  | 4,558 |  |  |  | - |
Equity securities (included in other assets) |  |  | 905 |  |  |  | 905 |  |  |  | 905 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,083,921 |  |  |  | 1,083,306 |  |  |  | 875,286 |  |  |  | - |  |  |  | 208,020 |
Accrued interest payable |  |  | 1,759 |  |  |  | 1,759 |  |  |  | - |  |  |  | 1,759 |  |  |  | - |
December 31, 2024: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 105,917 |  |  | $ | 105,917 |  |  | $ | 105,917 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 2,695 |  |  |  | 2,725 |  |  |  | - |  |  |  | 2,725 |  |  |  | - |
Securities available for sale |  |  | 389,243 |  |  |  | 389,243 |  |  |  | 21,549 |  |  |  | 367,694 |  |  |  | - |
Securities held to maturity |  |  | 7,000 |  |  |  | 4,591 |  |  |  | - |  |  |  | 4,591 |  |  |  | - |
Loans held for sale |  |  | 472 |  |  |  | 477 |  |  |  | - |  |  |  | 477 |  |  |  | - |
Loans, net |  |  | 631,199 |  |  |  | 628,057 |  |  |  | - |  |  |  | - |  |  |  | 628,057 |
FHLB and other restricted stock |  |  | 1,836 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 4,575 |  |  |  | 4,575 |  |  |  | - |  |  |  | 4,575 |  |  |  | - |
Equity securities (included in other assets) |  |  | 886 |  |  |  | 886 |  |  |  | 886 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,066,439 |  |  |  | 1,065,687 |  |  |  | 866,559 |  |  |  | - |  |  |  | 199,128 |
Accrued interest payable |  |  | 1,922 |  |  |  | 1,922 |  |  |  | - |  |  |  | 1,922 |  |  |  | - |

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