Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

	September 30, 2022
			Fair Value Measurements Using:
	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Recurring fair value measurements:
Investment securities available for sale
Government National Mortgage Association mortgage-backed securities	$	3,074	$	-	$	3,074	$	-
Federal National Mortgage Association mortgage- backed securities		119		-		119		-
Total investment securities available for sale	$	3,193	$	-	$	3,193	$	-
Total recurring fair value measurements	$	3,193	$	-	$	3,193	$	-
Nonrecurring fair value measurements
Impaired loans	$	1,846	$	-	$	-	$	1,846
Total nonrecurring fair value measurements	$	1,846	$	-	$	-	$	1,846

			December 31, 2021
			Fair Value Measurements Using:
	Total Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Recurring fair value measurements:
Investment securities available for sale
Government National Mortgage Association mortgage-backed securities	$	3,882	$	-	$	3,882	$	-
Federal National Mortgage Association mortgage- backed securities		151		-		151		-
Total investment securities available for sale	$	4,033	$	-	$	4,033	$	-
Total recurring fair value measurements	$	4,033	$	-	$	4,033	$	-
Nonrecurring fair value measurements
Impaired loans	$	140	$	-	$	-	$	140
Total nonrecurring fair value measurements	$	140	$	-	$	-	$	140

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

		September 30, 2022
		Quantitative Information About Level 3 Fair Value Measurements
	Total Fair Value		Valuation Techniques	Unobservable Input	Range (Weighted Average)
Impaired loans	$	1,846	Appraisal of collateral (1)	Appraisal adjustments (2)		8%(8%)

	December 31, 2021
		Quantitative Information About Level 3 Fair Value Measurements
	Total Fair Value		Valuation Techniques	Unobservable Input	Range (Weighted Average)
Impaired loans	$	140	Appraisal of collateral (1)	Appraisal adjustments (2)		8%(8%)

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

					Fair Value Measurements at
					September 30, 2022
	Carrying Amount		Fair Value Estimate		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Financial Assets
Investment in interest-earning time deposits	$	5,569	$	5,635	$	-	$	-	$	5,635
Loans held for sale		88,400		95,437		-		95,437		-
Loans receivable, net		579,154		553,379		-		-		553,379
Financial Liabilities
Deposits		547,114		547,151		370,886		-		176,265
FHLB long-term borrowings		83,022		82,791		-		-		82,791
Subordinated debt		7,958		7,911		-		-		7,911

					Fair Value Measurements at
					December 31, 2021
	Carrying Amount		Fair Value Estimate		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Unobservable Inputs (Level 3)
Financial Assets
Investment in interest-earning time deposits	$	7,924	$	8,091	$	-	$	-	$	8,091
Loans held for sale		107,823		112,843		-		112,843		-
Loans receivable, net		403,966		409,203		-		-		409,203
Financial Liabilities
Deposits		447,166		446,576		267,255		-		179,321
FHLB long-term borrowings		23,193		23,231		-		-		23,231
FRB long-term borrowings		3,895		3,895		-		-		3,895
Subordinated debt		7,933		8,312		-		-		8,312