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

12 Months Ended

Dec. 31, 2020

Notes Tables

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

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
December 31, 2020:
U. S. Government agency mortgage-backed securities	$	16,719	$	131	$	(17	)	$	16,833
Corporate bonds		18,014		260		(984	)		17,290
Subordinated notes		9,036		97		(128	)		9,005
SBA loan pools		5,627		-		(60	)		5,567
Municipal bonds		564		3		-			567
	$	49,960	$	491	$	(1,189	)	$	49,262
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
SBA loan pools		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)
December 31, 2020:
U. S. Government agency mortgage-backed securities	$	5,797	$	(14	)	$	1,476	$	(3	)	$	7,273	$	(17	)
Corporate bonds		-		-			13,015		(984	)		13,015		(984	)
Subordinated notes		1,878		(122	)		1,103		(6	)		2,981		(128	)
SBA loan pools		1,533		(12	)		4,034		(48	)		5,567		(60	)
	$	9,208	$	(148	)	$	19,628	$	(1,041	)	$	28,836	$	(1,189	)
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
December 31, 2020:
Corporate bonds	$	4,014	$	14,000	$	-	$	18,014	$	4,274	$	13,016	$	-	$	17,290
Subordinated notes		2,000		7,036		-		9,036		2,003		7,002		-		9,005
SBA loan pools		1,921		3,706		-		5,627		1,899		3,668		-		5,567
Municipal bonds		-		564		-		564		-		567		-		567
Available-for-sale securities with stated maturity dates		7,935		25,306		-		33,241		8,176		24,253		-		32,429
U. S. Government agency mortgage-backed securities		3,364		1,466		11,889		16,719		3,363		1,491		11,979		16,833
	$	11,299	$	26,772	$	11,889	$	49,960	$	11,539	$	25,744	$	11,979	$	49,262
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