Note 5 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

Fair Value, by Balance Sheet Grouping [Table Text Block]

	September 30, 2021													December 31, 2020
							Fair Value Hierarchy													Fair Value Hierarchy
(Dollars in thousands)	Carrying Amount			Estimated Fair Value			Level 1		Level 2		Level 3	Contract Amount		Carrying Amount			Estimated Fair Value			Level 1		Level 2		Level 3	Contract Amount
Financial assets:
Cash and cash equivalents	$	149,436			149,436			149,436							86,269			86,269			86,269
Securities available for sale		234,939			234,939					234,939					148,090			148,090					148,090
Equity securities		217			217					217					149			149					149
Loans held for sale		5,754			5,754					5,754					6,186			6,186					6,186
Loans receivable, net		622,264			632,659					632,659					642,630			648,275					648,275
Federal Home Loan Bank stock		1,092			1,092					1,092					932			932					932
Accrued interest receivable		2,062			2,062					2,062					3,102			3,102					3,102
Financial liabilities:
Deposits		915,302			915,478					915,478					795,204			795,927					795,927
Accrued interest payable		76			76					76					140			140					140
Off-balance sheet financial instruments:
Commitments to extend credit		(69	)		(69	)							219,855		261			261								180,330
Commitments to sell loans		23			23								26,184		(44	)		(44	)							24,746