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Note 11 - Income Taxes - Summary of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Allowance for loan losses $ 2,175 $ 2,099
Deferred compensation 337 330
Alternative minimum tax credits 0 0
Nonaccrual loan interest 107 162
Deferred loan fees 211 437
Accrued vacation expense 0 101
Accrued profit sharing 0 181
Loans fair value adjustments 210 306
Unrealized loss on securities available-for sale 0 0
Other 149 198
Net operating loss carryforwards 420 853
Total deferred tax assets 3,609 4,667
Federal Home Loan Bank stock dividends 483 526
Unrealized gain on securities available for sale 1,062 1,956
Capitalized mortgage servicing rights 393 238
Fixed asset depreciation 830 673
Acquisition intangibles 1,886 1,897
Trust preferred fair value adjustment 67 72
Other 195 125
Total deferred tax liabilities 4,916 5,487
Net deferred tax assets (liabilities) $ (1,307) $ (820)