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Note 16 - Company Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Assets |  |  |  |  |  |  |  |
Cash in subsidiary |  | $ | 7,273 |  |  | $ | 8,512 |
Due from other financial institutions |  |  | 7,000 |  |  |  | — |
Investment in subsidiary |  |  | 158,748 |  |  |  | 160,446 |
Deferred tax asset |  |  | 624 |  |  |  | 595 |
Other assets |  |  | 1,542 |  |  |  | 1,868 |
|  | $ | 175,187 |  |  | $ | 171,421 |
Liabilities and Stockholders' Equity |  |  |  |  |  |  |  |
Subordinated notes, net of unamortized issuance costs |  | $ | 19,678 |  |  | $ | 19,634 |
Accrued expenses and other liabilities |  |  | 126 |  |  |  | 116 |
Total stockholders’ equity |  |  | 155,383 |  |  |  | 151,671 |
|  | $ | 175,187 |  |  | $ | 171,421 |
Condensed Income Statement [Table Text Block] |
|  | For the years ended December 31, |
|  | 2023 |  |  | 2022 |
Dividends from subsidiary |  | $ | 14,700 |  |  | $ | 12,500 |
Interest expense |  |  | 794 |  |  |  | 794 |
Other expense |  |  | 1,689 |  |  |  | 1,619 |
Income before income tax and undistributed subsidiary excess distributions |  |  | 12,217 |  |  |  | 10,087 |
Income tax benefit |  |  | (642 | ) |  |  | (625 | )
Income before equity in undistributed subsidiary excess distributions |  |  | 12,859 |  |  |  | 10,712 |
Equity in undistributed subsidiary (excess distributions) |  |  | (3,466 | ) |  |  | (218 | )
Net income |  | $ | 9,393 |  |  | $ | 10,494 |
Condensed Cash Flow Statement [Table Text Block] |
|  | For the years ended December 31, |
|  | 2023 |  |  | 2022 |
Cash flows from operating activities |  |  |  |  |  |  |  |
Net income |  | $ | 9,393 |  |  | $ | 10,494 |
Adjustments: |  |  |  |  |  |  |  |
Amortization |  |  | 44 |  |  |  | 44 |
Equity in undistributed subsidiary excess distributions |  |  | 3,466 |  |  |  | 218 |
Change in other assets |  |  | 297 |  |  |  | (374 | )
Change in accrued expenses and other liabilities |  |  | 10 |  |  |  | 16 |
Net cash from operating activities |  |  | 13,210 |  |  |  | 10,398 |
Cash flows used in financing activities |  |  |  |  |  |  |  |
Repurchase and retirement of common stock |  |  | (2,393 | ) |  |  | (4,866 | )
Cash dividends paid on common stock |  |  | (5,056 | ) |  |  | (5,231 | )
Net cash used in financing activities |  |  | (7,449 | ) |  |  | (10,097 | )
Net change in cash and cash equivalents |  |  | 5,761 |  |  |  | 301 |
Beginning cash and cash equivalents |  |  | 8,512 |  |  |  | 8,211 |
Ending cash and cash equivalents |  | $ | 14,273 |  |  | $ | 8,512 |

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