Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Fair Value Measurements (Tables)

v3.22.2.2
Note 7 - Fair Value Measurements (Tables)
9 Months Ended
Sep. 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)

 

September 30, 2022

                               

Securities Available-for-sale

                               

U.S. Treasury Notes

  $ 12,256     $ 12,256     $ —     $ —  

U.S. government agency obligations

    19,504       —       19,504       —  

Municipal obligations

    19,043       —       19,043       —  

Mortgage-backed residential obligations

    36,552       —       36,552       —  

Collateralized mortgage obligations

    37,912       —       37,912       —  

Total

  $ 125,267     $ 12,256     $ 113,011     $ —  
                                 

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)

 

September 30, 2022

                               

Impaired loans

  $ 461       —       —     $ 461  
                                 

December 31, 2021

                               

Impaired loans

  $ 663       —       —     $ 663