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Note I - Income Taxes - Reconciliation of Federal Income Tax Rate (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Taxes computed at statutory rate, tax $ 2,370,000 $ 1,367,000 $ 1,815,000
Taxes computed at statutory rate, rate 21.00% 21.00% 21.00%
Tax-exempt interest income, tax $ (191,000) $ (198,000) $ (187,000)
Tax-exempt interest income, rate (2.00%) (3.00%) (2.00%)
Income from BOLI, tax $ (102,000) $ (93,000) $ (91,000)
Income from BOLI, rate (1.00%) (1.00%) (1.00%)
Federal tax credits, tax $ (1,416,000) $ (45,000) $ 0
Federal tax credits, rate (12.00%) (1.00%) 0.00%
Other, tax $ (251,000) $ 172,000 $ 6,000
Other, rate (2.00%) 2.00% 0.00%
Other changes in valuation allowance, tax $ 1,711,000 $ (3,634,000) $ (1,481,000)
Other changes in valuation allowance, rate 15.00% (55.00%) (17.00%)
Totals $ 2,121,000 $ (2,431,000) $ 62,000
Total income tax (benefit) expense, rate 19.00% (37.00%) 1.00%