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Note 22 - Parent Company-only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2021
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
CONDENSED BALANCE SHEETS |  |  |  |  |  |  |  |
December 31, 2021 and 2020 |  |  |  |  |  |  |  |
(In thousands) |  | As of December 31, |
|  | 2021 |  |  | 2020 |
ASSETS |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 377 |  |  | $ | 548 |
Investment in subsidiary |  |  | 96,799 |  |  |  | 91,836 |
Other assets |  |  | 149 |  |  |  | 1,104 |
Total assets |  | $ | 97,325 |  |  | $ | 93,488 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |
Borrowings |  | $ | 29,930 |  |  | $ | 29,819 |
Accrued expenses and other liabilities |  |  | 51 |  |  |  | 450 |
Shareholders' equity |  |  | 67,344 |  |  |  | 63,219 |
Total liabilities and shareholders' equity |  | $ | 97,325 |  |  | $ | 93,488 |
Condensed Income Statement [Table Text Block] |
CONDENSED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME |  |  |  |  |  |  |  |  |
Years Ended December 31, 2021, 2020 and 2019 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) |  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Interest on subordinated debt |  | $ | 287 |  |  | $ | 347 |  |  | $ | 476 |
Interest on senior debt |  |  | 1,567 |  |  |  | 1,569 |  |  |  | 1,571 |
Total interest expense |  |  | 1,854 |  |  |  | 1,916 |  |  |  | 2,047 |
Other expenses |  |  | 173 |  |  |  | 159 |  |  |  | 214 |
Loss before benefit for income taxes |  |  | 2,027 |  |  |  | 2,075 |  |  |  | 2,261 |
Benefit for income taxes |  |  | (540 | ) |  |  | (532 | ) |  |  | (504 | )
Loss before equity in undistributed net income of subsidiary |  |  | 1,487 |  |  |  | 1,543 |  |  |  | 1,757 |
Equity in undistributed net income (loss) of subsidiary |  |  | 6,581 |  |  |  | (2,276 | ) |  |  | (1,060 | )
Net income (loss) |  |  | 5,094 |  |  |  | (3,819 | ) |  |  | (2,817 | )
Equity in subsidiary other comprehensive income, net of subsidiary |  |  | (1,119 | ) |  |  | (115 | ) |  |  | 423 |
Total comprehensive income (loss) |  | $ | 3,975 |  |  | $ | (3,934 | ) |  | $ | (2,394 | )
Condensed Cash Flow Statement [Table Text Block] |
CONDENSED STATEMENTS OF CASH FLOWS |  |  |  |  |  |  |  |  |  |  |  |
Years Ended December 31, 2021, 2020 and 2019 |  |  |  |  |  |  |  |  |  |  |  |
(In thousands) |  | Year ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Cash Flows from Operating Activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 5,094 |  |  | $ | (3,819 | ) |  | $ | (2,817 | )
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed income of subsidiary |  |  | (6,581 | ) |  |  | 2,276 |  |  |  | 1,060 |
Dividends received from Patriot Bank, N.A. |  |  | 500 |  |  |  | 2,000 |  |  |  | - |
Share-based compensation expense |  |  | 150 |  |  |  | 159 |  |  |  | 214 |
Amortization of debt issuance costs |  |  | 111 |  |  |  | 112 |  |  |  | 112 |
Change in assets and liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Decrease (increase) in other assets |  |  | 955 |  |  |  | (540 | ) |  |  | (505 | )
(Increased) decrease in accrued expenses and other liabilities |  |  | (399 | ) |  |  | (315 | ) |  |  | 315 |
Net cash used in operating activities |  |  | (170 | ) |  |  | (127 | ) |  |  | (1,621 | )
Cash Flows from Investing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Net (increase) decrease in investment in Patriot Bank N.A. |  |  | (1 | ) |  |  | 8 |  |  |  | - |
Net cash (used in) provided by investing activities |  |  | (1 | ) |  |  | 8 |  |  |  | - |
Cash Flows from Financing Activities: |  |  |  |  |  |  |  |  |  |  |  |
Dividends paid on common stock |  |  | - |  |  |  | - |  |  |  | (155 | )
Net cash used in financing activities |  |  | - |  |  |  | - |  |  |  | (155 | )
Net decrease in cash and cash equivalents |  |  | (171 | ) |  |  | (119 | ) |  |  | (1,776 | )
Cash and cash equivalents at beginning of year |  |  | 548 |  |  |  | 667 |  |  |  | 2,443 |
Cash and cash equivalents at end of year |  | $ | 377 |  |  | $ | 548 |  |  | $ | 667 |
Supplemental Disclosures of Cash Flow Information: |  |  |  |  |  |  |  |  |  |  |  |
Cash paid for interest |  | $ | 1,570 |  |  | $ | 1,776 |  |  | $ | 1,593 |
Cash paid for income taxes |  | $ | - |  |  | $ | - |  |  | $ | - |

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