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Note 14 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2020
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | (100 | ) |  | $ | 88 |  |  | $ | 447 |
State |  |  | 86 |  |  |  | 149 |  |  |  | 708 |
|  |  | (14 | ) |  |  | 237 |  |  |  | 1,155 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (2,448 | ) |  |  | (698 | ) |  |  | 148 |
State |  |  | 2,125 |  |  |  | (438 | ) |  |  | (413 | )
|  |  | (323 | ) |  |  | (1,136 | ) |  |  | (265 | )
Income tax (benefit) expense |  | $ | (337 | ) |  | $ | (899 | ) |  | $ | 890 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Income taxes at statutory Federal rate |  | $ | (873 | ) |  | $ | (780 | ) |  | $ | 858 |
State taxes, net of Federal benefit |  |  | (191 | ) |  |  | (228 | ) |  |  | 233 |
Deferred tax valuation allowance |  |  | 1,938 |  |  |  | - |  |  |  | - |
Reversal UTP on Federal DTA |  |  | (1,132 | ) |  |  | - |  |  |  | - |
Nondeductible expenses |  |  | 8 |  |  |  | 14 |  |  |  | 15 |
Benefit of change in Sec 382 classification |  |  | - |  |  |  | - |  |  |  | (500 | )
Deferred tax adjustment resulting from tax rate change |  |  | - |  |  |  | - |  |  |  | 198 |
Other |  |  | (87 | ) |  |  | 95 |  |  |  | 86 |
Income tax (benefit) expense |  | $ | (337 | ) |  | $ | (899 | ) |  | $ | 890 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
(In thousands) |  | December 31, |
|  | 2020 |  |  | 2019 |
Deferred tax assets: |  |  |  |  |  |  |  |
Federal NOL carryforward benefit |  | $ | 4,576 |  |  | $ | 4,759 |
NOL write-off for Sec 382 Limit |  |  | (3,258 | ) |  |  | (3,258 | )
Capitalized cost temporary item |  |  | 3,627 |  |  |  | 3,929 |
State NOL carryforward benefit |  |  | 3,306 |  |  |  | 3,341 |
Allowance for loan loss |  |  | 3,869 |  |  |  | 2,718 |
Lease liabilities |  |  | 775 |  |  |  | 882 |
Non-accrual interest |  |  | 558 |  |  |  | 335 |
Merger and acquisition |  |  | 204 |  |  |  | 220 |
Accrued expenses |  |  | 201 |  |  |  | 114 |
Unrealized loss AFS securities |  |  | 180 |  |  |  | 140 |
Share based compensation |  |  | 8 |  |  |  | 13 |
Other |  |  | 15 |  |  |  | - |
Gross deferred tax assets |  |  | 14,061 |  |  |  | 13,193 |
Less deferred taxasset valuation allowance |  |  | (1,937 | ) |  |  | - |
Total deferred tax assets |  |  | 12,124 |  |  |  | 13,193 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
UTP (NOLs used) |  |  | - |  |  |  | (1,132 | )
Right-of-Use assets |  |  | (736 | ) |  |  | (849 | )
Goodwill and intangible |  |  | 170 |  |  |  | (40 | )
Depreciation of premises and equipment |  |  | (32 | ) |  |  | (34 | )
Other |  |  | (30 | ) |  |  | (5 | )
Gross deferred tax liabilities |  |  | (628 | ) |  |  | (2,060 | )
Net deferred tax asset |  |  | 11,496 |  |  |  | 11,133 |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Balance, beginning of year |  | $ | 1,220 |  |  | $ | 1,132 |  |  | $ | - |
Increases due to tax positions related to a prior year |  |  | 65 |  |  |  | 88 |  |  |  | 1,132 |
Decreases to tax positions as a result of a lapse of statute |  |  | (1,285 | ) |  |  | - |  |  |  | - |
Balance, end of year |  | $ | - |  |  | $ | 1,220 |  |  | $ | 1,132 |

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