Note 3 - Available-for-sale Securities (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Debt Securities, Available-for-sale [Table Text Block]

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
March 31, 2020:
U. S. Government agency mortgage-backed securities	$	15,334	$	305	$	(21	)	$	15,618
Corporate bonds		18,017		-		(2,522	)		15,495
Subordinated notes		9,025		126		(204	)		8,947
SBA loan pools		4,805		-		(35	)		4,770
	$	47,181	$	431	$	(2,782	)	$	44,830
December 31, 2019:
U. S. Government agency mortgage-backed securities	$	16,663	$	90	$	(68	)	$	16,685
Corporate bonds		18,018		133		(838	)		17,313
Subordinated notes		9,022		182		-			9,204
U.S. Treasury notes		5,157		-		(42	)		5,115
	$	48,860	$	405	$	(948	)	$	48,317

Schedule of Unrealized Loss on Investments [Table Text Block]

(In thousands)	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)
March 31, 2020:
U. S. Government agency mortgage-backed securities	$	107	$	(4	)	$	1,585	$	(17	)	$	1,692	$	(21	)
Corporate bonds		3,739		(278	)		11,756		(2,244	)		15,495		(2,522	)
Subordinated notes		5,321		(204	)		-		-			5,321		(204	)
SBA loan pools		4,770		(35	)		-		-			4,770		(35	)
	$	13,937	$	(521	)	$	13,341	$	(2,261	)	$	27,278	$	(2,782	)
December 31, 2019:
U. S. Government agency mortgage-backed securities	$	2,609	$	(20	)	$	3,919	$	(48	)	$	6,528	$	(68	)
Corporate bonds		-		-			13,162		(838	)		13,162		(838	)
SBA loan pools		5,115		(42	)		-		-			5,115		(42	)
	$	7,724	$	(62	)	$	17,081	$	(886	)	$	24,805	$	(948	)

Investments Classified by Contractual Maturity Date [Table Text Block]

(In thousands)	Amortized Cost								Fair Value
	Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total		Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total
March 31, 2020:
Corporate bonds	$	4,017	$	14,000	$	-	$	18,017	$	3,739	$	11,756	$	-	$	15,495
Subordinated notes		-		9,025		-		9,025		-		8,947		-		8,947
SBA loan pools		-		4,805		-		4,805		-		4,770		-		4,770
Available-for-sale securities with stated maturity dates		4,017		27,830		-		31,847		3,739		25,473		-		29,212
U. S. Government agency mortgage-backed securities		3,487		1,915		9,932		15,334		3,502		1,934		10,182		15,618
	$	7,504	$	29,745	$	9,932	$	47,181	$	7,241	$	27,407	$	10,182	$	44,830
December 31, 2019:
Corporate bonds	$	4,018	$	14,000	$	-	$	18,018	$	4,151	$	13,162	$	-	$	17,313
Subordinated notes		-		9,022		-		9,022		-		9,204		-		9,204
SBA loan pools		-		5,157		-		5,157		-		5,115		-		5,115
Available-for-sale securities with stated maturity dates		4,018		28,179		-		32,197		4,151		27,481		-		31,632
U. S. Government agency mortgage-backed securities		3,805		2,047		10,811		16,663		3,810		2,016		10,859		16,685
	$	7,823	$	30,226	$	10,811	$	48,860	$	7,961	$	29,497	$	10,859	$	48,317