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NOTE 23 - FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]
  Fair Value Measurements Using  Assets at
(in thousands)   Level 1    Level 2    Level 3    fair value 
December 31, 2022                    
Assets at fair value on a recurring basis                    
U.S. Treasury  $ —   $17,133   $ —   $17,133 
U.S. Government Agency notes    —    27,154     —    27,154 
Municipal bonds    —    46,538     —    46,538 
Mortgage-backed securities:                    
U.S. Government agencies and U.S. Government-sponsored enterprises    —    61,875     —    61,875 
Collateralized mortgage obligations:                    
U.S. Government agencies    —    21,936     —    21,936 
Corporate bonds   833    11,941     —    12,744 
Securities available-for-sale  $833   $186,577   $ —   $187,410 
Mutual funds   1,933     —     —    1,933 

December 31, 2021                    
Assets at fair value on a recurring basis                    
U.S. Treasury  $ —   $15,131   $ —   $15,131 
U.S. Government Agency notes    —    31,604     —    31,604 
Municipal bonds    —    47,822     —    47,822 
Mortgage-backed securities:                    
U.S. Government agencies and U.S. Government-sponsored enterprises    —    74,541     —    74,541 
Collateralized mortgage obligations:                    
U.S. Government agencies    —    20,898     —    20,898 
Corporate bonds    —    12,400     —    12,400 
Securities available-for-sale  $ —   $202,396   $ —   $202,396 
Mutual funds   901     —     —    901 
Derivative financial instruments    —    18     —    18 
Assets at fair value on a non-recurring basis                    
Assets held for sale 1  $700   $ —   $ —   $700 

 

1 At December 30, 2022, Salisbury did not have any assets measured at fair value on a non-recurring basis. Prior to December 31, 2021, the Bank entered into an agreement with a third party to sell the building that houses its Poughkeepsie, New York retail branch and relocate the branch to leased space nearby. This sale was completed in January 2022.
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
    Carrying    Estimated   Fair value measurements using 
(In thousands)   value    fair value    Level 1    Level 2    Level 3 
December 31, 2022                         
Financial Assets                         
Cash and cash equivalents  $50,539   $50,539   $50,539   $ —   $ — 
Securities available-for-sale   187,410    187,410    833    186,577     — 
Mutual fund   1,933    1,933    1,933     —     — 
Federal Home Loan Bank of Boston stock   1,285    1,285     —    1,285     — 
Loans held-for-sale    —     —     —     —     — 
Loans receivable, net   1,213,671    1,172,416     —     —    1,172,416 
Accrued interest receivable   6,797    6,797     —    6,797     — 
Cash surrender value of life insurance policies   30,379    30,379     —    30,379     — 
Financial Liabilities                         
Demand (non-interest-bearing)  $395,994   $395,994   $ —   $395,994   $ — 
Demand (interest-bearing)   231,486    231,486     —    231,486     — 
Money market   343,965    343,965     —    343,965     — 
Savings and other   233,578    233,578     —    233,578     — 
Certificates of deposit   153,370    153,411     —    153,411     — 
Deposits   1,358,393    1,358,434     —    1,358,434     — 
Repurchase agreements   7,228    7,228     —    7,228     — 
FHLBB advances   10,000    10,000     —    10,000     — 
Subordinated debt   24,531    21,670     —    21,670     — 
Note payable   128    125     —    125     — 
Finance lease liability   4,262    3,546     —     —    3,546 
Accrued interest payable   210    210     —    210     — 

December 31, 2021                         
Financial Assets                         
Cash and cash equivalents  $175,335   $175,335   $175,335   $ —   $ — 
Interest bearing time deposits with financial institutions   750    750    750     —     — 
Securities available-for-sale   202,396    202,396     —    202,396     — 
Mutual fund   901    901    901     —     — 
Federal Home Loan Bank of Boston stock   1,397    1,397     —    1,397     — 
Loans held-for-sale   2,684    2,721     —     —    2,721 
Loans receivable, net   1,066,750    1,066,733     —     —    1,066,733 
Accrued interest receivable   6,260    6,260     —    6,260     — 
Cash surrender value of life insurance policies   27,738    27,738     —    27,738     — 
Derivative financial instruments   18    18     —    18     — 
Financial Liabilities                         
Demand (non-interest-bearing)  $416,073   $416,073   $ —   $416,073   $ — 
Demand (interest-bearing)   233,600    233,600     —    233,600     — 
Money market   330,436    330,436     —    330,436     — 
Savings and other   237,075    237,075     —    237,075     — 
Certificates of deposit   119,009    119,716     —    119,716     — 
Deposits   1,336,193    1,336,900     —    1,336,900     — 
Repurchase agreements   11,430    11,430     —    11,430     — 
FHLBB advances   7,656    7,714     —    7,714     — 
Subordinated debt   24,474    24,409     —    24,409     — 
Note payable   170    171     —    171     — 
Finance lease liability   4,107    4,223     —     —    4,223 
Accrued interest payable   49    49     —    49     —