Note 10 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

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

	September 30, 2023
	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	$	2,409	$	-	$	2,409	$	-
Federal National Mortgage Association mortgage- backed securities		72		-		72		-
Total investment securities available for sale	$	2,481	$	-	$	2,481	$	-
Total recurring fair value measurements	$	2,481	$	-	$	2,481	$	-
Nonrecurring fair value measurements
Collateral-dependent loans	$	122	$	-	$	-	$	122
Total nonrecurring fair value measurements	$	122	$	-	$	-	$	122

	December 31, 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	$	2,871	$	-	$	2,871	$	-
Federal National Mortgage Association mortgage- backed securities		99		-		99		-
Total investment securities available for sale	$	2,970	$	-	$	2,970	$	-
Total recurring fair value measurements	$	2,970	$	-	$	2,970	$	-
Nonrecurring fair value measurements
Impaired loans	$	1,860	$	-	$	-	$	1,860
Total nonrecurring fair value measurements	$	1,860	$	-	$	-	$	1,860

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

	September 30, 2023
	Quantitative Information About Level 3 Fair Value Measurements
	Total Fair Value		Valuation Techniques	Unobservable Input	Range (Weighted Average)
Collateral-dependent loans	$	122	Appraisal of collateral (1)	Appraisal adjustments (2)		8%	(8%)

	December 31, 2022
	Quantitative Information About Level 3 Fair Value Measurements
	Total Fair Value		Valuation Techniques	Unobservable Input	Range (Weighted Average)
Impaired loans	$	1,860	Appraisal of collateral (1)	Appraisal adjustments (2)		10%	(10%)

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

					Fair Value Measurements at
					September 30, 2023
	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	$	2,162	$	2,235	$	-	$	-	$	2,235
Loans held for sale		94,806		96,729		-		96,729		-
Loans receivable, net		626,200		604,325		-		-		604,325
Financial Liabilities
Deposits		595,556		600,643		375,017		-		225,626
FHLB long-term borrowings		41,022		40,908		-		-		40,908
Subordinated debt		21,884		20,971		-		-		20,971

					Fair Value Measurements at
					December 31, 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	$	3,833	$	3,907	$	-	$	-	$	3,907
Loans held for sale		133,222		137,253		-		137,253		-
Loans receivable, net		621,864		600,186		-		-		600,186
Financial Liabilities
Deposits		549,248		551,157		351,297		-		199,860
FHLB long-term borrowings		66,022		65,846		-		-		65,846
FRB long-term borrowings		7,000		6,981		-		-		6,981
Subordinated debt		7,966		7,886		-		-		7,886