Note 3 - Available-for-sale Securities (Tables)

6 Months Ended

Jun. 30, 2022

Notes Tables

Debt Securities, Available-for-Sale [Table Text Block]

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Fair Value
June 30, 2022:
U. S. Government agency and mortgage-backed securities	$	64,261	$	-	$	(10,176	)	$	54,085
Corporate bonds		19,790		5		(4,151	)		15,644
Subordinated notes		2,000		-		(79	)		1,921
SBA loan pools		5,567		-		(745	)		4,822
Municipal bonds		562		-		(63	)		499
	$	92,180	$	5	$	(15,214	)	$	76,971
December 31, 2021:
U. S. Government agency and mortgage-backed securities	$	67,850	$	24	$	(1,245	)	$	66,629
Corporate bonds		17,754		118		(951	)		16,921
Subordinated notes		4,608		35		(17	)		4,626
SBA loan pools		5,772		-		(169	)		5,603
Municipal bonds		563		1		(2	)		562
	$	96,547	$	178	$	(2,384	)	$	94,341

Schedule of Unrealized Loss on Investments [Table Text Block]

(In thousands)	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)			Fair Value		Unrealized (Loss)
June 30, 2022:
U. S. Government agency and mortgage-backed securities	$	46,311	$	(8,388	)	$	7,771	$	(1,788	)	$	54,082	$	(10,176	)
Corporate bonds		14,888		(4,151	)		-		-			14,888		(4,151	)
Subordinated notes		1,921		(79	)		-		-			1,921		(79	)
SBA loan pools		2,336		(361	)		2,486		(384	)		4,822		(745	)
Municipal bonds		499		(63	)		-		-			499		(63	)
	$	65,955	$	(13,042	)	$	10,257	$	(2,172	)	$	76,212	$	(15,214	)
December 31, 2021:
U. S. Government agency and mortgage-backed securities	$	60,606	$	(1,196	)	$	1,610	$	(49	)	$	62,216	$	(1,245	)
Corporate bonds		15,042		(951	)		-		-			15,042		(951	)
Subordinated notes		-		-			1,092		(17	)		1,092		(17	)
SBA loan pools		5,603		(169	)		-		-			5,603		(169	)
Municipal bonds		406		(2	)		-		-			406		(2	)
	$	81,657	$	(2,318	)	$	2,702	$	(66	)	$	84,359	$	(2,384	)

Investments Classified by Contractual Maturity Date [Table Text Block]

(In thousands)	Amortized Cost								Fair Value
	Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total		Due Within 5 years		Due After 5 years through 10 years		Due After 10 years		Total
June 30, 2022:
Corporate bonds	$	7,790	$	12,000	$	-	$	19,790	$	6,761	$	8,883	$	-	$	15,644
Subordinated notes		-		2,000		-		2,000		-		1,921		-		1,921
SBA loan pools		-		-		5,567		5,567		-		-		4,822		4,822
Municipal bonds		-		562		-		562		-		499		-		499
Available-for-sale securities with stated maturity dates		7,790		14,562		5,567		27,919		6,761		11,303		4,822		22,886
U. S. Government agency and mortgage-backed securities		9,986		406		53,869		64,261		8,184		391		45,510		54,085
	$	17,776	$	14,968	$	59,436	$	92,180	$	14,945	$	11,694	$	50,332	$	76,971
December 31, 2021:
Corporate bonds	$	17,754	$	-	$	-	$	17,754	$	16,921	$	-	$	-	$	16,921
Subordinated notes		-		4,608		-		4,608		-		4,626		-		4,626
SBA loan pools		-		-		5,772		5,772		-		-		5,603		5,603
Municipal bonds		-		563		-		563		-		562		-		562
Available-for-sale securities with stated maturity dates		17,754		5,171		5,772		28,697		16,921		5,188		5,603		27,712
U. S. Government agency and mortgage-backed securities		13,876		-		53,974		67,850		13,835		-		52,794		66,629
	$	31,630	$	5,171	$	59,746	$	96,547	$	30,756	$	5,188	$	58,397	$	94,341