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Note I - Income Taxes - Reconciliation of Federal Income Tax Rate (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Taxes computed at statutory rate, tax $ 1,367,000 $ 1,815,000 $ (578,000)
Taxes computed at statutory rate, rate 21.00% 21.00% 21.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 21.00% 21.00% 21.00%
Taxes computed at statutory rate, rate (21.00%) (21.00%) (21.00%)
Tax-exempt interest income, tax $ (198,000) $ (187,000) $ (127,000)
Tax-exempt interest income, rate (3.00%) (2.00%) (5.00%)
Income from BOLI, tax $ (93,000) $ (91,000) $ (148,000)
Income from BOLI, rate (1.00%) (1.00%) (5.00%)
Federal tax credits, tax $ (45,000)
Federal tax credits, rate (1.00%)
Other, tax $ 172,000 $ 6,000 $ 44,000
Other, rate 2.00% 2.00%
Other changes in valuation allowance, tax $ (3,634,000) $ (1,481,000) $ 809,000
Other changes in valuation allowance, rate (55.00%) (17.00%) 29.00%
Totals $ (2,431,000) $ 62,000 $ 0
Total income tax (benefit) expense, rate (37.00%) 1.00%