Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Fair Value Measurements (Tables)

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Note 7 - Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 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)

 

June 30, 2022

                               

Securities Available-for-sale

                               

U.S. Treasury Notes

  $ 7,430     $ 7,430     $     $  

U.S. government agency obligations

    18,061             18,061        

Municipal obligations

    20,230             20,230        

Mortgage-backed residential obligations

    40,416             40,416        

Collateralized mortgage obligations

    35,110             35,110        

Total

  $ 121,247     $ 7,430     $ 113,817     $  
                                 

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

   

Level 1

   

Level 2

   

Level 3

 
   

(Dollars in thousands)

 

June 30, 2022

                               

Impaired loans

  $ 569                 $ 569  
                                 

December 31, 2021

                               

Impaired loans

  $ 663                 $ 663