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Note 11 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Provision at statutory tax rates $ 5,164 $ 5,466
Provision at statutory tax rates, percentage 21.00% 21.00%
Tax effects of tax free interest income $ (874) $ (733)
Tax effects of tax free interest income, percentage (3.55%) (2.82%)
Non-deductible interest expense $ 85 $ 32
Non-deductible interest expense, percentage 0.35% 0.12%
Bank-owned life insurance $ (206) $ (114)
Bank-owned life insurance, percentage (0.84%) (0.44%)
Other items, net $ (25) $ 5
Other items, net, percentage (0.11%) 0.03%
Income tax expense $ 4,144 $ 4,656
Income tax provision, percentage 16.85% 17.89%