Note 6 - Allowance for Credit Losses and Credit Quality Information (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

(Dollars in thousands)	Single Family			Commercial Real Estate			Consumer			Commercial Business			Total
Balance, December 31, 2021	$	974			6,388			981			936			9,279
Provision for losses	$	286			729			94			(38	)		1,071
Charge-offs		0			(91	)		(24	)		0			(115	)
Recoveries		1			0			7			34			42
Balance, December 31, 2022	$	1,261			7,026			1,058			932			10,277
January 1, 2023 adoption of ASU 2016-13	$	(259	)		512			(485	)		1,302			1,070
Provision for losses		403			(24	)		77			339			795
Charge-offs		0			0			(50	)		(334	)		(384	)
Recoveries		21			0			7			38			66
December 31, 2023	$	1,426			7,514			607			2,277			11,824
Allocated to:
Individual reserves	$	33			0			112			17			162
Collective reserves		1,228			7,026			946			915			10,115
Balance, December 31, 2022	$	1,261			7,026			1,058			932			10,277
Allocated to:
Individual reserves	$	28			0			103			297			428
Collective reserves		1,398			7,514			504			1,980			11,396
Balance, December 31, 2023	$	1,426			7,514			607			2,277			11,824
Loans receivable at December 31, 2022:
Individually reviewed for impairment	$	908			179			492			561			2,140
Collectively reviewed for impairment		204,982			471,166			44,325			65,274			785,747
Ending balance	$	205,890			471,345			44,817			65,835			787,887
Loans receivable at December 31, 2023:
Individually reviewed for impairment	$	979			668			425			2,212			4,284
Collectively reviewed for impairment		263,324			489,285			42,309			58,906			853,824
Ending balance	$	264,303			489,953			42,734			61,118			858,108

Provision for Credit Losses [Table Text Block]

(Dollars in thousands)	2023			2022
Provision for credit losses on:
Loans (1)	$	795			1,071
Unfunded commitments(1)		(82	)		0
Total	$	713			1,071

Financing Receivable Credit Quality Indicators [Table Text Block]

(Dollars in thousands)	2023		2022		2021		2020		2019		Prior		Revolving		Total
Single family
Unclassified	$	81,070		59,474		62,690		33,637		10,915		14,635		0		262,421
Special Mention		0		511		0		0		0		0		0		511
Substandard		64		546		0		79		182		462		0		1,333
Doubtful		0		0		0		0		24		14		0		38
Loss		0		0		0		0		0		0		0		0
		81,134		60,531		62,690		33,716		11,121		15,111		0		264,303
Commercial Real Estate
Unclassified		64,688		187,320		109,729		75,754		14,531		9,603		0		461,625
Special Mention		1,026		7,756		2,188		371		0		1,016		0		12,357
Substandard		2,225		388		292		10,867		637		1,562		0		15,971
Doubtful		0		0		0		0		0		0		0		0
Loss		0		0		0		0		0		0		0		0
		67,939		195,464		112,209		86,992		15,168		12,181		0		489,953
Consumer
Unclassified		9,913		7,583		1,606		1,870		2,369		4,778		14,170		42,289
Special Mention		20		0		0		0		0		0		0		20
Substandard		8		26		52		0		3		113		30		232
Doubtful		15		0		0		0		0		0		19		34
Loss		3		0		116		0		0		0		40		159
		9,959		7,609		1,774		1,870		2,372		4,891		14,259		42,734
Current period gross write offs		0		1		0		0		0		49		0		50
Commercial Business
Unclassified		12,404		6,967		3,539		3,317		217		288		30,160		56,892
Special Mention		0		0		0		0		0		0		0		0
Substandard		1,703		483		152		104		11		31		1,742		4,226
Doubtful		0		0		0		0		0		0		0		0
Loss		0		0		0		0		0		0		0		0
		14,107		7,450		3,691		3,421		228		319		31,902		61,118
Current period gross write offs		174		0		0		0		0		0		160		334
Total Loans	$	173,139		271,054		180,364		125,999		28,889		32,502		46,161		858,108

	December 31, 2022
	Classified										Unclassified
(Dollars in thousands)	Special Mention		Substandard		Doubtful		Loss		Total		Total		Total Loans
Single family	$	882		2,067		47		0		2,996		202,894		205,890
Commercial real estate:
Real estate rental and leasing		9,529		2,241		0		0		11,770		238,013		249,783
Other		11,273		8,592		0		0		19,865		201,697		221,562
Consumer		0		387		20		86		493		44,324		44,817
Commercial business		1,000		1,803		0		0		2,803		63,032		65,835
Total	$	22,684		15,090		67		86		37,927		749,960		787,887

Financing Receivable, Past Due [Table Text Block]

(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
December 31, 2023
Single family	$	453		71		363		887		263,416		264,303		0
Commercial real estate:
Real estate rental and leasing		0		0		0		0		271,531		271,531		0
Other		0		0		399		399		218,023		218,422		0
Consumer		361		92		57		510		42,224		42,734		0
Commercial business		0		309		812		1,121		59,997		61,118		0
Total	$	814		472		1,631		2,917		855,191		858,108		0
December 31, 2022
Single family	$	380		145		481		1,006		204,884		205,890		0
Commercial real estate:
Real estate rental and leasing		0		0		0		0		249,783		249,783		0
Other		578		0		0		578		220,984		221,562		0
Consumer		394		123		88		605		44,212		44,817		0
Commercial business		0		0		0		0		65,835		65,835		0
Total	$	1,352		268		569		2,189		785,698		787,887		0

Collateral Dependent Loans [Table Text Block]

	December 31, 2023
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
Loans with no related allowance recorded:
Single family	$	758		758		0
Commercial real estate:
Other		668		668		0
Consumer		306		306		0
Loans with an allowance recorded:
Single family		221		221		28
Consumer		119		119		103
Commercial business		2,212		2,546		297
Total:
Single family		979		979		28
Commercial real estate:
Other (1)		668		668		0
Consumer (2)		425		425		103
Commercial business (3)		2,212		2,546		297
Total	$	4,284		4,618		428

Impaired Financing Receivables [Table Text Block]

	December 31, 2022
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
Loans with no related allowance recorded:
Single family	$	667		685		0		496		8
Commercial real estate:
Other		179		179		0		182		11
Consumer		338		338		0		345		13
Loans with an allowance recorded:
Single family		241		241		33		108		4
Commercial real estate:
Other		0		0		0		2,044		0
Consumer		154		154		112		152		2
Commercial business		561		561		17		244		2
Total:
Single family		908		926		33		604		12
Commercial real estate:
Other (1)		179		179		0		2,226		11
Consumer (2)		492		492		112		497		15
Commercial business (3)		561		561		17		244		2
Total	$	2,140		2,158		162		3,571		40

Financing Receivable, Nonaccrual [Table Text Block]

(Dollars in thousands)	2023		2022
Single family	$	762		908
Commercial real estate:
Other		493		0
Consumer		376		441
Commercial business		2,187		529
Total	$	3,818		1,878

Financing Receivable, Modified [Table Text Block]

(Dollars in thousands)	Number of Loans		Outstanding Balance December 31, 2023		Concessions Granted	Number of Loans
Single family		1	$	217	Rate reduction		1
					Term extension		1
Commercial real estate		1		93	Payment deferral		1
Consumer		4		54	Rate reduction		1
					Term extension		3
					Payment deferral		1
			$	364