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

12 Months Ended

Dec. 31, 2021

Notes Tables

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

(In thousands)		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
December 31, 2021:
U. S. Government agency and mortgage-backed securities		$	67,850			$	24			$	(1,245	)		$	66,629
Corporate bonds			17,754				118				(951	)			16,921
Subordinated notes			4,608				35				(17	)			4,626
SBA loan pools			5,772				-				(169	)			5,603
Municipal bonds			563				1				(2	)			562
		$	96,547			$	178			$	(2,384	)		$	94,341
December 31, 2020:
U. S. Government agency and 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)
December 31, 2021:
U. S. Government agency and mortgage-backed securities		$	60,606			$	(1,196	)		$	1,610			$	(49	)		$	62,216			$	(1,245	)
Corporate bonds			15,042				(951	)			-				-				15,042				(951	)
Subordinated notes			-				-				1,092				(17	)			1,092				(17	)
SBA loan pools			5,603				(169	)			-				-				5,603				(169	)
Municipal bonds			406				(2	)			-				-				406				(2	)
		$	81,657			$	(2,318	)		$	2,702			$	(66	)		$	84,359			$	(2,384	)
December 31, 2020:
U. S. Government agency and 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
December 31, 2021:
Corporate bonds		$	17,754			$	-			$	-			$	17,754			$	16,921			$	-			$	-			$	16,921
Subordinated notes			-				4,608				-				4,608				-				4,626				-				4,626
SBA loan pools			-				-				5,772				5,772				-				-				5,603				5,603
Municipal bonds			-				563				-				563				-				562				-				562
Available-for-sale securities with stated maturity dates			17,754				5,171				5,772				28,697				16,921				5,188				5,603				27,712
U. S. Government agency and mortgage-backed securities			13,876				-				53,974				67,850				13,835				-				52,794				66,629
		$	31,630			$	5,171			$	59,746			$	96,547			$	30,756			$	5,188			$	58,397			$	94,341
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 and 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

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Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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