Note 7 - Borrowed Funds (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Schedule of Debt [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(Dollars in thousands)	2024			2023			2024			2023
FHLB variable-rate advances
Maximum balance at any month end	$	5,000		$	-		$	5,000		$	-
Average balance		879			357			1,036			179
Period end balance		-			-			-			-
Weighted average interest rate (annualized):
At end of period		0.00	%		0.00	%		0.00	%		0.00	%
During the period		5.76	%		5.37	%		5.77	%		5.37	%
FHLB fixed-rate bullet advances
Maximum balance at any month end	$	12,500		$	15,000		$	13,000		$	15,000
Average balance		2,692			4,192			2,456			2,096
Period end balance		-			-			-			-
Weighted average interest rate (annualized):
At end of period		0.00	%		0.00	%		0.00	%		0.00	%
During the period		5.67	%		5.11	%		5.65	%		5.11	%
BTFP borrowings:
Maximum balance at any month end	$	33,625		$	13,000		$	33,625		$	13,000
Average balance		33,625			6,067			32,766			3,033
Period end balance		33,625			13,000			33,625			13,000
Weighted average interest rate (annualized):
At end of period		4.85	%		4.99	%		4.85	%		4.99	%
During the period		4.84	%		5.04	%		4.82	%		5.04	%