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Note 14 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | - |  |  | $ | (100 | ) |  | $ | 88 |
State |  |  | 180 |  |  |  | 86 |  |  |  | 149 |
|  |  | 180 |  |  |  | (14 | ) |  |  | 237 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 1,860 |  |  |  | (2,448 | ) |  |  | (698 | )
State |  |  | (2,121 | ) |  |  | 2,125 |  |  |  | (438 | )
|  |  | (261 | ) |  |  | (323 | ) |  |  | (1,136 | )
Income tax benefit |  | $ | (81 | ) |  | $ | (337 | ) |  | $ | (899 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Income taxes at statutory Federal rate |  | $ | 1,053 |  |  | $ | (873 | ) |  | $ | (780 | )
State taxes, net of Federal benefit |  |  | 404 |  |  |  | (191 | ) |  |  | (228 | )
Deferred tax valuation allowance |  |  | (1,938 | ) |  |  | 1,938 |  |  |  | - |
Reversal UTP on Federal DTA |  |  | - |  |  |  | (1,132 | ) |  |  | - |
Nondeductible expenses |  |  | (10 | ) |  |  | 8 |  |  |  | 14 |
Project expenses for merger and acquisition |  |  | 383 |  |  |  | - |  |  |  | - |
Other |  |  | 27 |  |  |  | (87 | ) |  |  | 95 |
Income tax benefit |  | $ | (81 | ) |  | $ | (337 | ) |  | $ | (899 | )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
(In thousands) |  | December 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |  |  |
Federal NOL carryforward benefit |  | $ | 3,605 |  |  | $ | 4,576 |
NOL write-off for Sec 382 Limit |  |  | (3,258 | ) |  |  | (3,258 | )
Capitalized cost temporary item |  |  | 3,325 |  |  |  | 3,627 |
State NOL carryforward benefit |  |  | 3,168 |  |  |  | 3,306 |
Allowance for loan loss |  |  | 3,017 |  |  |  | 3,869 |
Lease liabilities |  |  | 746 |  |  |  | 775 |
Non-accrual interest |  |  | 827 |  |  |  | 558 |
Merger and acquisition |  |  | 187 |  |  |  | 204 |
Accrued expenses |  |  | 421 |  |  |  | 201 |
Unrealized loss AFS securities |  |  | 569 |  |  |  | 180 |
Goodwill and intangible |  |  | 137 |  |  |  | 170 |
Depreciation of premises and equipment |  |  | 98 |  |  |  | - |
Share based compensation |  |  | 3 |  |  |  | 8 |
Other |  |  | 17 |  |  |  | 15 |
Gross deferred tax assets |  |  | 12,862 |  |  |  | 14,231 |
Less deferred taxasset valuation allowance |  |  | - |  |  |  | (1,937 | )
Total deferred tax assets |  | $ | 12,862 |  |  | $ | 12,294 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Right-of-use assets |  |  | (709 | ) |  |  | (736 | )
Depreciation of premises and equipment |  |  | - |  |  |  | (32 | )
Other |  |  | (7 | ) |  |  | (30 | )
Gross deferred tax liabilities |  |  | (716 | ) |  |  | (798 | )
Net deferred tax asset |  |  | 12,146 |  |  |  | 11,496 |
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
(In thousands) |  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Balance, beginning of year |  | $ | - |  |  | $ | 1,220 |  |  | $ | 1,132 |
Increases due to tax positions related to a prior year |  |  | - |  |  |  | 65 |  |  |  | 88 |
Decreases to tax positions as a result of a lapse of statute |  |  | - |  |  |  | (1,285 | ) |  |  | - |
Balance, end of year |  | $ | - |  |  | $ | - |  |  | $ | 1,220 |

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