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Note 11 - Income Taxes - Schedule of Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Expected tax using statutory tax rate $ 3,376 $ 3,502 $ 2,578
Tax-exempt income on state and municipal securities and political subdivision loans (619) (472) (386)
Tax-exempt income on life insurance contracts (85) (77) (82)
Deductible dividends paid to United Bancshares, Inc. ESOP (53) (44) (42)
Tax Credits (125) 0 0
Tax-exempt settlement 0 0 (416)
Other, net 0 13 (37)
Total provision for income taxes $ 2,494 $ 2,922 $ 1,615