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Note 14 - Fair Value (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023
Securities:
Certificates of deposit		$	—			$	29,513			$	—			$	29,513
Municipal securities			—				934				—				934
U.S. Treasury Notes			112,508				—				—				112,508
U.S. government-sponsored agencies			—				35,391				—				35,391
Mortgage-backed securities - residential			—				3,367				—				3,367
Collateralized mortgage obligations - residential			—				1,003				—				1,003
		$	112,508			$	70,208			$	—			$	182,716
December 31, 2022
Securities:
Certificates of deposit		$	—			$	2,233			$	—			$	2,233
Municipal securities			—				225				—				225
U.S. Treasury Notes			163,103				—				—				163,103
U.S. government-sponsored agencies			—				39,699				—				39,699
Mortgage-backed securities - residential			—				3,881				—				3,881
Collateralized mortgage obligations – residential			—				1,197				—				1,197
		$	163,103			$	47,235			$	—			$	210,338

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, 2023
Other real estate owned		$	—			$	—			$	405			$	405
Other foreclosed assets			—				—				387				387

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, 2023
Other real estate owned		$	405		Sales comparison		Discount applied to valuation			10.0	%
Other foreclosed assets		$	387		Sales comparison		Discount applied to valuation			6.2	%

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

						Fair Value Measurements at December 31, 2023 Using:
		Carrying Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	178,484			$	177,169			$	1,315			$	—			$	178,484
Securities			182,716				112,508				70,236				—				182,744
Loans receivable, net of allowance for credit losses			1,050,761				—				—				997,897				997,897
FHLB and FRB stock			7,490				—				—				—				N/A
Accrued interest receivable			7,542				475				500				6,567				7,542
Financial liabilities
Certificates of deposit			222,391				—				220,222				—				220,222
Borrowings			25,000				—				24,960				—				24,960
Subordinated notes			19,678				—				17,698				—				17,698

						Fair Value Measurements at December 31, 2022 Using:
		Carrying Amount				Level 1				Level 2				Level 3				Total
Financial assets
Cash and cash equivalents		$	66,771			$	65,967			$	804			$	—			$	66,771
Securities			210,338				163,103				47,230				—				210,333
Loans receivable, net of allowance for credit losses			1,226,743				—				—				1,198,616				1,198,616
FHLB and FRB stock			7,490				—				—				—				N/A
Accrued interest receivable			7,338				514				477				6,347				7,338
Financial liabilities
Certificates of deposit			186,524				—				182,398				—				182,398
Subordinated notes			19,634				—				17,800				—				17,800

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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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