Annual report pursuant to Section 13 and 15(d)

Note 13 - Fair Value Measurements (Tables)

v3.22.1
Note 13 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
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, 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     $ —  

December 31, 2020

                               

Securities Available-for-sale

                               

U.S. government agency obligations

  $ 7,147       —       7,147     $ —  

Municipal obligations

    10,980       —       10,980       —  

Mortgage-backed residential obligations

    43,094       —       43,094       —  

Collateralized mortgage obligations

    20,399       —       20,399       —  

Total

  $ 81,620       —       81,620     $ —  
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, 2021

                                       

Impaired loans

  $ 663       —       —       663     $ —  
                                         

December 31, 2020

                                       

Impaired loans

  $ 925       —       —       925     $ —