Note 2 - Cash

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

2. CASH

The Company is required by the Federal Reserve Bank to maintain average reserve balances based on a percentage of deposits. There were no reserve requirements on December 31, 2023 and 2022.

Deposits with any one financial institution are insured up to $250,000. From time-to-time, the Company may maintain cash and cash equivalents with certain other financial institutions in excess of the insured amount.