XML 32 R22.htm IDEA: XBRL DOCUMENT

Note 3 - Available-for-sale Securities (Tables)

3 Months Ended

Mar. 31, 2021

Notes Tables

Debt Securities, Available-for-sale [Table Text Block]

(In thousands)		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
March 31, 2021:
U. S. Government agency mortgage-backed securities		$	22,867			$	109			$	(289	)		$	22,687
Corporate bonds			18,013				272				(952	)			17,333
Subordinated notes			9,040				115				(6	)			9,149
SBA loan pools			8,336				-				(171	)			8,165
Municipal bonds			564				-				(5	)			559
		$	58,820			$	496			$	(1,423	)		$	57,893

December 31, 2020:
U. S. Government agency mortgage-backed securities		$	16,719			$	131			$	(17	)		$	16,833
Corporate bonds			18,014				260				(984	)			17,290
Subordinated notes			9,036				97				(128	)			9,005
SBA loan pools			5,627				-				(60	)			5,567
Municipal bonds			564				3				-				567
		$	49,960			$	491			$	(1,189	)		$	49,262

Schedule of Unrealized Loss on Investments [Table Text Block]

(In thousands)		Less than 12 Months								12 Months or More								Total
		Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)				Fair Value				Unrealized (Loss)
March 31, 2021:
U. S. Government agency mortgage-backed securities		$	14,055			$	(288	)		$	77			$	(1	)		$	14,132			$	(289	)
Corporate bonds			-				-				13,047				(952	)			13,047				(952	)
Subordinated notes			999				(1	)			1,104				(5	)			2,103				(6	)
SBA loan pools			4,458				(127	)			3,707				(44	)			8,165				(171	)
Municipal bonds			403				(5	)			-				-				403				(5	)
		$	19,915			$	(421	)		$	17,935			$	(1,002	)		$	37,850			$	(1,423	)

December 31, 2020:
U. S. Government agency mortgage-backed securities		$	5,797			$	(14	)		$	1,476			$	(3	)		$	7,273			$	(17	)
Corporate bonds			-				-				13,015				(984	)			13,015				(984	)
Subordinated notes			1,878				(122	)			1,103				(6	)			2,981				(128	)
SBA loan pools			1,533				(12	)			4,034				(48	)			5,567				(60	)
		$	9,208			$	(148	)		$	19,628			$	(1,041	)		$	28,836			$	(1,189	)

Investments Classified by Contractual Maturity Date [Table Text Block]

(In thousands)		Amortized Cost																Fair Value
		Due Within 5 years				Due After 5 years through 10 years				Due After 10 years				Total				Due Within 5 years				Due After 5 years through 10 years				Due After 10 years				Total
March 31, 2021:
Corporate bonds		$	4,013			$	14,000			$	-			$	18,013			$	4,285			$	13,048			$	-			$	17,333
Subordinated notes			2,000				7,040				-				9,040				2,003				7,146				-				9,149
SBA loan pools			1,735				3,468				3,133				8,336				1,715				3,427				3,023				8,165
Municipal bonds			-				564				-				564				-				559				-				559
Available-for-sale securities with stated maturity dates			7,748				25,072				3,133				35,953				8,003				24,180				3,023				35,206
U. S. Government agency mortgage-backed securities			1,035				1,343				20,489				22,867				1,036				1,367				20,284				22,687
		$	8,783			$	26,415			$	23,622			$	58,820			$	9,039			$	25,547			$	23,307			$	57,893

December 31, 2020:
Corporate bonds		$	4,014			$	14,000			$	-			$	18,014			$	4,274			$	13,016			$	-			$	17,290
Subordinated notes			2,000				7,036				-				9,036				2,003				7,002				-				9,005
SBA loan pools			1,921				3,706				-				5,627				1,899				3,668				-				5,567
Municipal bonds			-				564				-				564				-				567				-				567
Available-for-sale securities with stated maturity dates			7,935				25,306				-				33,241				8,176				24,253				-				32,429
U. S. Government agency mortgage-backed securities			3,364				1,466				11,889				16,719				3,363				1,491				11,979				16,833
		$	11,299			$	26,772			$	11,889			$	49,960			$	11,539			$	25,744			$	11,979			$	49,262