Note 2 - Reclassifications -	12 Months Ended
Dec. 31, 2023
Notes to Financial Statements
Reclassifications [Text Block]	Note 2 – Reclassifications – Certain reclassifications may have been made to the prior years’ financial statements in order to conform to the classifications adopted for reporting in 2023. Specifically for the adoption of CECL, prior to January 1, 2023, the allowance for credit losses was established based on an incurred loss model. Upon adoption of ASU 2016-13 (i.e. ASC 326), certain loan classification and segmentation categories were changed to align with the requirements of the standard and more effectively model the CECL estimate. The updated CECL segmentation is reflected in the disclosures beginning January 1, 2023. Results from periods prior to January 1, 2023 are presented using the previously applicable GAAP. These reclassifications have no material effect on previously reported shareholders’ equity or net income.

Note 2 - Reclassifications -

12 Months Ended

Dec. 31, 2023

Note 2 – Reclassifications –

Certain reclassifications may have been made to the prior years’ financial statements in order to conform to the classifications adopted for reporting in 2023.

Specifically for the adoption of CECL, prior to January 1, 2023, the allowance for credit losses was established based on an incurred loss model. Upon adoption of ASU 2016-13 (i.e. ASC 326), certain loan classification and segmentation categories were changed to align with the requirements of the standard and more effectively model the CECL estimate. The updated CECL segmentation is reflected in the disclosures beginning January 1, 2023. Results from periods prior to January 1, 2023 are presented using the previously applicable GAAP.

These reclassifications have no material effect on previously reported shareholders’ equity or net income.