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

9 Months Ended

Sep. 30, 2022

Notes Tables

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

(In thousands)		Amortized Cost				Gross Unrealized Gains				Gross Unrealized (Losses)				Fair Value
September 30, 2022:
U. S. Government agency and mortgage-backed securities		$	74,534			$	2			$	(14,305	)		$	60,231
Corporate bonds			19,781				25				(5,189	)			14,617
Subordinated notes			5,000				-				(265	)			4,735
SBA loan pools			6,837				-				(980	)			5,857
Municipal bonds			561				-				(84	)			477
		$	106,713			$	27			$	(20,823	)		$	85,917
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

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)
September 30, 2022:
U. S. Government agency and mortgage-backed securities		$	14,059			$	(1,942	)		$	44,521			$	(12,363	)		$	58,580			$	(14,305	)
Corporate bonds			11,341				(4,688	)			1,494				(501	)			12,835				(5,189	)
Subordinated notes			4,735				(265	)			-				-				4,735				(265	)
SBA loan pools			1,485				(10	)			4,372				(970	)			5,857				(980	)
Municipal bonds			135				(19	)			342				(65	)			477				(84	)
		$	31,755			$	(6,924	)		$	50,729			$	(13,899	)		$	82,484			$	(20,823	)
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	)

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
September 30, 2022:
Corporate bonds		$	3,787			$	15,994			$	-			$	19,781			$	3,742			$	10,875			$	-			$	14,617
Subordinated notes			-				5,000				-				5,000				-				4,735				-				4,735
SBA loan pools			-				1,495				5,342				6,837				-				1,485				4,372				5,857
Municipal bonds			-				561				-				561				-				477				-				477
Available-for-sale securities with stated maturity dates			3,787				23,050				5,342				32,179				3,742				17,572				4,372				25,686
U. S. Government agency and mortgage-backed securities			-				5,312				69,222				74,534				-				4,132				56,099				60,231
		$	3,787			$	28,362			$	74,564			$	106,713			$	3,742			$	21,704			$	60,471			$	85,917
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

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- Definition

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

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI https://asc.fasb.org/topic&trid=2196928

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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563

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