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