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Note 3 - Statements of Cash Flows
3 Months Ended
Mar. 31, 2022
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]

3. Statements of Cash Flows:

The Company has defined cash and cash equivalents as cash and due from banks. The Company paid $158,300 and $258,500 for the three months ended March 31, 2022 and 2021, respectively, for interest on deposits and borrowings. No income tax payments were made during the three months ended March 31, 2022 and 2021. No loans were transferred to other real estate during the three months ended March 31, 2022 and 2021.