Note 5 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

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

	September 30, 2022													December 31, 2021
							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	$	18,645			18,645			18,645							94,143		94,143		94,143
Securities available for sale		249,212			249,212					249,212					285,765		285,765				285,765
Equity securities		198			198					198					248		248				248
Loans held for sale		1,934			1,934					1,934					5,575		5,575				5,575
Loans receivable, net		740,280			699,301					699,301					652,502		661,298				661,298
Federal Home Loan Bank stock		1,283			1,283					1,283					1,092		1,092				1,092
Accrued interest receivable		2,662			2,662					2,662					2,132		2,132				2,132
Financial liabilities:
Deposits		947,557			945,335					945,335					950,666		950,558				950,558
Accrued interest payable		53			53					53					63		63				63
Off-balance sheet financial instruments:
Commitments to extend credit		(49	)		(49	)							251,806		26		26							195,141
Commitments to sell loans		73			73								6,072		12		12							12,340