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Note 7 - Intangible Assets and Loan Servicing (Tables)
12 Months Ended
Dec. 31, 2024
Transfers and Servicing of Financial Assets [Abstract]  
Activity of Mortgage Servicing Rights

The following table reflects the activity of mortgage servicing rights for the periods indicated:

 

Year ended December 31,

 

2024

 

 

2023

 

 

2022

 

Balance at beginning of year

 

$

415

 

 

$

469

 

 

$

538

 

Mortgage servicing rights capitalized

 

 

13

 

 

 

7

 

 

 

2

 

Mortgage servicing rights amortized

 

 

(50

)

 

 

(61

)

 

 

(80

)

Fair market value adjustments

 

 

 

 

 

 

 

 

9

 

Balance at end of year

 

$

378

 

 

$

415

 

 

$

469

 

Annual Estimated Amortization Expense of Intangible Assets

The annual estimated amortization expense of intangible assets for each of the five succeeding fiscal years is as follows:

 

2025

 

$

56

 

2026

 

 

49

 

2027

 

 

43

 

2028

 

 

37

 

2029

 

 

33