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Note 5 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Provision at statutory tax rates $ 612 $ 471 $ 1,925 $ 1,597
Provision at statutory tax rates, percentage 21.00% 21.00% 21.00% 21.00%
Tax effects of tax free interest income $ (75) $ (101) $ (259) $ (271)
Tax effects of tax free interest income, percentage (2.57%) (4.52%) (2.82%) (3.57%)
Non-deductible interest expense $ 4 $ 4 $ 11 $ 10
Non-deductible interest expense, percentage 0.13% 0.20% 0.12% 0.14%
Bank-owned life insurance $ (28) $ (30) $ (83) $ (87)
Bank-owned life insurance, percentage (0.96%) (1.33%) (0.91%) (1.14%)
Other items, net $ 44 $ (12) $ 73
Other items, net, percentage 0.00% 1.99% (0.13%) 0.96%
Income tax provision $ 513 $ 388 $ 1,582 $ 1,322
Income tax provision, percentage 17.60% 17.34% 17.26% 17.39%