Note 20 - Regulatory Restrictions

12 Months Ended

Dec. 31, 2024

Regulated Operations [Abstract]

Regulatory Restrictions

Note 22 - Regulatory Restrictions

Dividends payable by the Company and the Bank are subject to various limitations imposed by statutes, regulations and policies adopted by bank regulatory agencies. Under Pennsylvania and Federal banking law, the Bank is subject to certain restrictions on the amount of dividends that it may declare without prior regulatory approval. Under Federal Reserve regulations, the Bank is limited as to the amount it may lend affiliates, including the Company, unless such loans are collateralized by specific obligations.

Both the Company and the Bank are subject to regulatory capital requirements administered by Federal bank regulatory agencies. Failure to meet minimum capital requirements can initiate actions by regulators that could have an effect on the financial statements. Under the framework for prompt corrective action, both the Company and the Bank must meet capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items. The capital amounts and classification are also subject to qualitative judgments by the regulators. Management believes, as of December 31, 2024, that the Company and the Bank met capital adequacy requirements to which they were subject.

The Bank is presently considered to be “well capitalized” under the regulatory framework. To be categorized as well capitalized, the Company and the Bank must maintain minimum ratios set forth in the table below. The Company and the Bank’s actual capital amounts and ratios are presented as follows:

	Capital levels
	Actual					Adequately capitalized					Well capitalized
As of December 31, 2024	Amount		Ratio			Amount		Ratio			Amount		Ratio
Total risk-based capital (to risk-weighted    assets):
Consolidated	$	214,826		15.56	%		110,480		8.00	%		138,100		10.00	%
Bank		192,057		13.92			110,396	8.00				137,995	10.00
Tier I capital (to risk-weighted assets):
Consolidated		165,995		12.02			82,860	6.00				82,860	6.00
Bank		183,226		13.28			82,797	6.00				110,396	8.00
Common equity tier 1 capital (to risk-    weighted assets):
Consolidated		165,995		12.02			62,145	4.50			N/A		N/A
Bank		183,226		13.28			62,098	4.50				89,696	6.50
Tier I capital (to average assets):
Consolidated		165,995		8.70			76,357	4.00			N/A		N/A
Bank		183,226		9.71			75,483	4.00				94,353	5.00

	Capital levels
	Actual					Adequately capitalized					Well capitalized
As of December 31, 2023	Amount		Ratio			Amount		Ratio			Amount		Ratio
Total risk-based capital (to risk-weighted    assets):
Consolidated	$	167,711		13.09	%		102,513		8.00	%		128,142		10.00	%
Bank		154,062		12.20			101,032	8.00				126,290	10.00
Tier I capital (to risk-weighted assets):
Consolidated		158,753		12.39			76,885	6.00				76,885	6.00
Bank		145,104		11.49			75,774	6.00				101,032	8.00
Common equity tier 1 capital (to risk-    weighted assets):
Consolidated		158,753		12.39			57,664	4.50			N/A		N/A
Bank		145,104		11.49			56,830	4.50				82,088	6.50
Tier I capital (to average assets):
Consolidated		158,753		8.92			71,185	4.00			N/A		N/A
Bank		145,104		8.18			70,961	4.00				88,701	5.00