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Note 11 - Income Taxes - Reconciliation of Effective Income Tax Rate (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Expected provision at the statutory rate of 21%, amount $ 5,013 $ 4,254
Expected provision at the statutory rate of 21%, percent 21.00% 21.00%
Tax-exempt income, amount $ (2,398) $ (2,251)
Tax-exempt income, percent (10.10%) (11.10%)
Bank owned life insurance, amount $ (284) $ (276)
Bank owned life insurance, percent (1.20%) (1.40%)
Nondeductible interest expense, amount $ 1,173 $ 883
Nondeductible interest expense, percent 4.90% 4.40%
Tax credits, amount $ (522) $ (635)
Tax credits, percent (2.10%) (3.10%)
State income tax, amount $ 52 $ 31
State income tax, percent (0.10%) 0.20%
Other, net, amount $ 44 $ 40
Other, net, percent 0.50% 0.10%
Actual provision for income taxes $ 3,078 $ 2,046
Actual provision for income taxes, percent 12.90% 10.10%