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Note 14 - Fair Value (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		Fair Value Measurements Using
		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Fair Value
December 31, 2021
Securities:
U.S. Treasury Notes		$	76,553			$	—			$	—			$	76,553
Certificates of deposit			—				2,728				—				2,728
Mortgage-backed securities – residential			—				4,833				—				4,833
Collateralized mortgage obligations – residential			—				1,580				—				1,580
		$	76,553			$	9,141			$	—			$	85,694
December 31, 2020
Securities:
Certificates of deposit		$	—			$	15,117			$	—			$	15,117
Municipal securities			—				409				—				409
Mortgage-backed securities - residential			—				6,108				—				6,108
Collateralized mortgage obligations – residential			—				2,195				—				2,195
		$	—			$	23,829			$	—			$	23,829

Fair Value Measurements, Nonrecurring [Table Text Block]

		Fair Value Measurement Using
		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Fair Value
December 31, 2021
Impaired loans		$	—			$	—			$	267			$	267
Foreclosed assets		$	—			$	—			$	725			$	725
December 31, 2020
Impaired loans		$	—			$	—			$	268			$	268

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

		Fair Value			Valuation Technique		Unobservable Input		Range (Weighted Average)
December 31, 2021
Impaired loans		$	267		Sales comparison		Discount applied to valuation			22.0	%
Foreclosed assets		$	725		Redemption value		Discount applied to valuation			15.6	%
December 31, 2020
Impaired loans		$	268		Sales comparison		Discount applied to valuation			22.0	%

Fair Value, by Balance Sheet Grouping [Table Text Block]

						Fair Value Measurements at December 31, 2021 Using:
		Carrying Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	502,162			$	448,552			$	53,610			$	—			$	502,162
Securities			85,694				76,553				9,141				—				85,694
Loans receivable, net of allowance for loan losses			1,044,207				—				—				1,039,298				1,039,298
FHLB and FRB stock			7,490				—				—				—				N/A
Accrued interest receivable			4,648				75				17				4,631				4,723
Financial liabilities
Certificates of deposit			206,918				—				206,530				—				206,530
Borrowings			5,000				—				4,999				—				4,999
Subordinated Notes			19,590				—				20,240				—				20,240

						Fair Value Measurements at December 31, 2020 Using:
		Carrying Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	503,496			$	480,574			$	22,922			$	—			$	503,496
Securities			23,829				—				23,829				—				23,829
Loans receivable, net of allowance for loan losses			1,002,578				—				—				1,004,854				1,004,854
FHLB and FRB stock			7,490				—				—				—				N/A
Accrued interest receivable			3,941				—				52				3,889				3,941
Financial liabilities
Certificates of deposit			253,000				—				253,906				—				253,906
Borrowings			4,000				—				3,998				—				3,998

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Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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