Annual report [Section 13 and 15(d), not S-K Item 405]

Note 14 - Fair Value of Financial Instruments (Tables)

v3.25.1
Note 14 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

Carrying

                           

Estimated

 
   

Amount

   

Level 1

   

Level 2

   

Level 3

   

Fair Value

 
  (Dollars in thousands)

December 31, 2024

                                       

Financial assets:

                                       

Loans, net

  $ 130,356     $     $     $ 124,084     $ 124,084  

Loans held for sale

    1,218             1,242             1,242  

Financial liabilities:

                                       

Interest-bearing deposits

    178,260             178,872             178,872  

Other borrowings

    5,000             4,999             4,999  
                                         

December 31, 2023

                                       

Financial assets:

                                       

Loans, net

  $ 120,623     $     $     $ 110,288     $ 110,288  

Loans held for sale

    380             387             387  

Financial liabilities:

                                       

Interest-bearing deposits

    156,402             156,092             156,092  

Other borrowings

    5,000             4,990             4,990