Annual report pursuant to Section 13 and 15(d)

Note 14 - Fair Value Measurements (Tables)

v3.23.1
Note 14 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   

Fair Value Measurements Using

 
   

Fair Value

   

Level 1

   

Level 2

   

Level 3

 
    (Dollars in thousands)  

December 31, 2022

                               

Securities Available-for-sale

                               

U.S. Treasury Notes

  $ 7,288     $ 7,288     $ —     $ —  

U.S. government agency obligations

    21,390       —       21,390       —  

Municipal obligations

    19,637       —       19,637       —  

Mortgage-backed residential obligations

    35,738       —       35,738       —  

Collateralized mortgage obligations

    37,152       —       37,152       —  

Total

  $ 121,205     $ 7,288     $ 113,917     $ —  

December 31, 2021

                               

Securities Available-for-sale

                               

U.S. government agency obligations

  $ 10,053       —       10,053     $ —  

Municipal obligations

    18,000       —       18,000       —  

Mortgage-backed residential obligations

    42,148       —       42,148       —  

Collateralized mortgage obligations

    30,749       —       30,749       —  

Total

  $ 100,950       —       100,950     $ —  
Fair Value Measurements, Nonrecurring [Table Text Block]

Fair Value Measurements Using

 
   

Fair Value

   

Level 1

   

Level 2

   

Level 3

   

Gain/(Loss)

 
    (Dollars in thousands)  

December 31, 2022

                                       

Impaired loans

  $ 375       —       —       375     $ —  
                                         

December 31, 2021

                                       

Impaired loans

  $ 663       —       —       663     $ —