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Note 8 - Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Federal Home Loan Bank Advances Borrowed Funds [Table Text Block]
  

(Dollars in thousands)

 
  

December 31,

  

December 31,

 
  

2024

  

2023

 

Federal Reserve Fixed rate advance with outstanding rate of 4.38%, matured March 22, 2024

 $-  $80,000 

FHLB Fixed rate advance with outstanding rate of 4.85%, maturing May 16, 2025

  10,000   - 

FHLB Fixed rate advance with outstanding rate of 4.77%, maturing May 19, 2025

  10,000   - 

FHLB Fixed rate advance with outstanding rate of 3.38%, maturing August 7, 2028 (1)

  10,000   - 

FHLB Fixed rate advance with outstanding rate of 3.22%, maturing August 7, 2029 (1)

  10,000   - 

FHLB Fixed rate advance with outstanding rate of 3.84%, maturing February 28, 2029 (1)

  15,000   - 

FHLB Fixed rate advance with outstanding rate of 3.74%, maturing February 28, 2029 (1)

  10,000   - 

Total

 $65,000  $80,000 
Schedule of Federal Home Loan Bank Advances Borrowed Funds, Maturities [Table Text Block]
  

(Dollars in thousands)

 

2025

  20,000 

2026

  - 

2027

  - 

2028

  10,000 

2029

  35,000 

Total

 $65,000 
Schedule of Federal Home Loan Bank Advances Activity for Year [Table Text Block]
  

(Dollars in thousands)

 
  

2024

  

2023

 
         

Ending balance

 $40,116  $38,124 

Average balance during the year

  41,506   35,543 

Maximum month-end balance during the year

  44,058   48,947 

Securities underlying the agreements at year end:

        

Carrying value

  57,833   54,458 

Fair value

  57,833   54,458 

Average interest rate during the year

  3.85%  3.64%

Average interest rate at year end

  3.51%  3.83%