Annual report pursuant to Section 13 and 15(d)

Note 9 - Income Taxes - Provisions for Income Taxes Differs (Details)

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Note 9 - Income Taxes - Provisions for Income Taxes Differs (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income (losses) before income tax expense $ 173 $ (269)
Tax (expense) benefit at statutory federal rate of 21% applied to income before income tax (expense) benefit (36) 56
State income tax, net of federal effect (13) 51
Tax-exempt security and loan income, net of TEFRA adjustments 83 50
BOLI 37 38
Valuation allowance on Federal NOL (150) 0
Other (67) 19
Total income tax (expense) benefit $ (146) $ 214
Effective tax rate (84.40%) 79.60%