Note 9 - Derivative and Hedging Transactions (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

			Derivative Assets								Derivative Liabilities
			As of December 31, 2022			As of December 31, 2021					As of December 31, 2022			As of December 31, 2021
(in thousands)	Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Notional Amount		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments
Cash flow hedges	$	20,000	Other assets	$	1,173	Other assets	$	271	$	-	Other liabilities	$	-	Other liabilities	$	7
Total derivatives designated as hedging instruments					1,173			271					-			7
Derivatives not designated as hedging instruments
Interest rate swaps		6,922	Other assets		931	Other assets		92		6,922	Other liabilities		931	Other liabilities		92
Risk participation transaction		2,486			-			-					-			-
Total derivatives not designated as hedging instruments					931			92					931			92
Net Derivatives on the Balance Sheet					2,104			363					931			98
Gross amounts not offset in the Statement of Financial Position
Financial instruments					-			18					-			18
Cash collateral (1)					1,946			300					-			-
Net derivative amounts				$	158		$	45				$	931		$	80

Derivative Instruments, Gain (Loss) [Table Text Block]

	Year Ended December 31, 2022
(in thousands)	Amount of Gain or (Loss) Recognized in OCI on Derivative		Amount of Gain or (Loss) Recognized in OCI Included Component		Amount of Gain or (Loss) Recognized in OCI Excluded Component		Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component		Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component
Derivatives in cash flow hedging relationships
Interest rate products	$	46	$	46	$	-	Interest expense	$	176	$	176	$	-
Total	$	46	$	46	$	-		$	176	$	176	$	-

	Year Ended December 31, 2021
(in thousands)	Amount of Gain or (Loss) Recognized in OCI on Derivative		Amount of Gain or (Loss) Recognized in OCI Included Component		Amount of Gain or (Loss) Recognized in OCI Excluded Component		Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income			Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Included Component			Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income Excluded Component
Derivatives in cash flow hedging relationships
Interest rate products	$	168	$	168	$	-	Interest expense	$	(22	)	$	(22	)	$	-
Total	$	168	$	168	$	-		$	(22	)	$	(22	)	$	-

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Location and Amount of Gain or (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships
	Year Ended
	December 31, 2022		December 31, 2021
(in thousands)	Interest Expense		Interest Expense
Total amounts of income and expense line items presented in the cash flow statement of financial performance in which the effects of fair value or hedges are recorded	$	176	$	(22	)
The effects of fair value and cash flow hedging:
Gain or (loss) on cash flow hedging relationships in Subtopic 815-20
Interest contracts:
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income	$	176	$	(22	)
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income as a result that a forecasted transaction is no longer probable of occurring	$	-	$	-
Amount of gain or (loss) reclassified from accumulated OCI into income - included component	$	176	$	(22	)
Amount of gain or (loss) reclassified from accumulated OCI into income - excluded component	$	-	$	-