Quarterly report pursuant to Section 13 or 15(d)

Note 1 - Summary of Significant Accounting Policies (Tables)

v3.23.1
Note 1 - Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Accounting Standards Update and Change in Accounting Principle [Table Text Block]
   

Allowance for credit losses as reported under ASU 2016-13

   

Allowance pre-ASU 2016-13 Adoption

   

Impact on Allowance of ASU 2016-13 Adoption

 

Assets:

  (Dollars in thousands)  

First mortgage loans

                       

1-4 family residential

  $ 916     $ 581     $ 335  

Multi-family

    42       19       23  

Commercial

    48       19       29  

Consumer loans

    2       5       (3 )

Allowance for credit losses for all loans

  $ 1,008     $ 624     $ 384  

Liabilities:

                       

Allowance for credit losses on off-balance sheet exposures

  $ 5     $     $ 5