Annual report pursuant to Section 13 and 15(d)

Note 14 - Fair Value Measurements (Tables)

v3.24.1
Note 14 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
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, 2023

                               

Securities Available-for-sale

                               

U.S. Treasuries

  $ 2,973     $ 2,973     $ —     $ —  

U.S. government agency obligations

    9,106       —       9,106       —  

Municipal obligations

    13,570       —       13,570       —  

Mortgage-backed residential obligations

    30,351       —       30,351       —  

Collateralized mortgage obligations

    26,135       —       26,135       —  

Total

  $ 82,135     $ 2,973     $ 79,162     $ —  

December 31, 2022

                               

Securities Available-for-sale

                               

U.S. Treasuries

  $ 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     $ —  
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     $ —