Note 5 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

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

	March 31, 2024														December 31, 2023
							Fair Value Hierarchy
(Dollars in thousands)	Carrying Amount			Estimated Fair Value			Level 1		Level 2		Level 3		Contract Amount		Carrying Amount			Estimated Fair Value			Contract Amount
Financial assets:
Cash and cash equivalents	$	50,230			50,230			50,230								11,151			11,151
Securities available for sale		206,609			206,609					206,609						215,094			215,094
Equity securities		394			394					394						382			382
Loans held for sale		4,146			4,146					4,146						1,006			1,006
Loans receivable, net		856,560			792,017					792,017						845,692			778,952
Federal Home Loan Bank stock		665			665					665						1,252			1,252
Accrued interest receivable		3,674			3,674					3,674						3,553			3,553
Mortgage servicing assets		2,631			6,536							6,536				2,709			6,539
Financial liabilities:
Deposits		1,030,918			1,029,689					1,029,689						976,793			975,963
FHLB advances and other borrowings		0			0					0						13,200			13,200
Accrued interest payable		3,730			3,730					3,730						2,399			2,399
Off-balance sheet financial instruments:
Commitments to extend credit		(18	)		(18	)								159,183		7			7			167,447
Commitments to sell loans		(7	)		(7	)								9,376		(17	)		(17	)		3,078