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Note 12 - Securities Sold Under Agreements to Repurchase -
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

Note 12 Securities Sold Under Agreements to Repurchase

 

At December 31, 2023 and 2022, the Bank had sold various investment securities with an agreement to repurchase these securities at various times within one year. These securities generally remain under the Bank’s control and are included in securities available for sale. These pledged securities have coupon rates ranging from 0.9% to 8.0% and maturity dates ranging from 2025 to 2041. The related liability to repurchase these securities was $18.9 million and $20.2 million at December 31, 2023 and 2022, respectively.