Quaint Oak Bancorp (QNTO) 10-Q 13 Nov 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 12, 2020
Document Information [Line Items]
Entity Registrant Name	QUAINT OAK BANCORP INC
Entity Central Index Key	0001391933
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		1,992,549
Entity Shell Company	false
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Amendment Flag	false

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Due from banks, non-interest-bearing	$ 394	$ 541
Due from banks, interest-bearing	9,390	14,014
Cash and cash equivalents	9,784	14,555
Investment in interest-earning time deposits	9,463	10,172
Investment securities available for sale	10,950	7,623
Loans held for sale	30,986	8,928
Loans receivable, net of allowance for loan losses (2020 $2,852; 2019 $2,231)	345,060	246,692
Accrued interest receivable	2,787	1,349
Investment in Federal Home Loan Bank stock, at cost	1,465	1,580
Bank-owned life insurance	4,033	3,974
Premises and equipment, net	2,332	2,226
Goodwill	515	515
Other intangible, net of accumulated amortization	283	319
Other real estate owned, net	389	1,824
Prepaid expenses and other assets	4,256	2,783
Total Assets	422,303	302,540
Liabilities
Non-interest bearing	36,227	15,775
Interest-bearing	262,816	211,683
Total deposits	299,043	227,458
Federal Home Loan Bank short-term borrowings	4,000	10,000
Federal Home Loan Bank long-term borrowings	29,193	26,271
Federal Reserve Bank long-term borrowings	48,834	0
Subordinated debt	7,890	7,865
Accrued interest payable	454	314
Advances from borrowers for taxes and insurance	1,787	2,780
Accrued expenses and other liabilities	3,245	1,945
Total Liabilities	394,446	276,633
Stockholders’ Equity
Preferred stock – $0.01 par value, 1,000,000 shares authorized; none issued or outstanding	0	0
Common stock – $0.01 par value; 9,000,000 shares authorized; 2,777,250 issued; 1,997,304 and 1,984,857 outstanding at September 30, 2020 and December 31, 2019, respectively	28	28
Additional paid-in capital	15,198	14,990
Treasury stock, at cost: 779,946 and 792,393 shares at September 30, 2020 and December 31, 2019, respectively	(4,960)	(4,950)
Unallocated common stock held by: Employee Stock Ownership Plan (ESOP)	(67)	(118)
Accumulated other comprehensive income	87	20
Retained earnings	17,571	15,937
Total Stockholders' Equity	27,857	25,907
Total Liabilities and Stockholders’ Equity	$ 422,303	$ 302,540

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans receivable, allowance for loan losses	$ 2,852	$ 2,231
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	9,000,000	9,000,000
Common stock, shares issued (in shares)	2,777,250	2,777,250
Common stock, shares outstanding (in shares)	1,997,304	1,984,857
Treasury stock, at cost, shares (in shares)	779,946	792,393

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest Income
Interest on loans, including fees	$ 4,060,000	$ 3,325,000	$ 11,423,000	$ 9,662,000
Interest and dividends on time deposits, investment securities, interest-bearing deposits with others, and Federal Home Loan Bank stock	163,000	213,000	504,000	755,000
Total Interest Income	4,223,000	3,538,000	11,927,000	10,417,000
Interest Expense
Interest on deposits	1,032,000	1,093,000	3,222,000	3,185,000
Interest on Federal Home Loan Bank short-term borrowings		7,000	31,000	101,000
Interest on Federal Home Loan Bank long-term borrowings	152,000	137,000	452,000	336,000
Interest on Federal Reserve Bank long-term borrowings	43,000		66,000
Interest on subordinated debt	130,000	130,000	390,000	389,000
Total Interest Expense	1,357,000	1,367,000	4,161,000	4,011,000
Net Interest Income	2,866,000	2,171,000	7,766,000	6,406,000
Provision for Loan Losses	201,000	157,000	621,000	318,000
Net Interest Income after Provision for Loan Losses	2,665,000	2,014,000	7,145,000	6,088,000
Non-Interest Income
Insurance commissions	130,000	109,000	347,000	307,000
Income from bank-owned life insurance	20,000	21,000	59,000	60,000
Net gain on loans held for sale	1,209,000	996,000	2,816,000	2,296,000
Net loss on sales of other real estate owned	(110,000)		(92,000)
Gain on the sale of SBA loans	19,000	98,000	71,000	238,000
Total Non-Interest Income	1,880,000	1,645,000	4,555,000	3,933,000
Non-Interest Expense
Salaries and employee benefits	2,145,000	1,776,000	5,908,000	5,173,000
Directors' fees and expenses	61,000	54,000	175,000	167,000
Occupancy and equipment	251,000	181,000	673,000	515,000
Data processing	177,000	121,000	474,000	341,000
Professional fees	112,000	108,000	339,000	282,000
FDIC deposit insurance assessment	38,000		85,000	40,000
Other real estate owned expenses	11,000	12,000	34,000	23,000
Advertising	75,000	70,000	224,000	212,000
Amortization of other intangible	12,000	12,000	36,000	36,000
Other	259,000	200,000	714,000	579,000
Total Non-Interest Expense	3,141,000	2,535,000	8,663,000	7,369,000
Income before Income Taxes	1,404,000	1,124,000	3,037,000	2,652,000
Income Taxes	396,000	322,000	866,000	772,000
Net Income	$ 1,008,000	$ 802,000	$ 2,171,000	$ 1,880,000
Earnings per share - basic (in dollars per share)	$ 0.51	$ 0.41	$ 1.10	$ 0.96
Average shares outstanding - basic (in shares)	1,982,697	1,966,003	1,975,111	1,953,367
Earnings per share - diluted (in dollars per share)	$ 0.50	$ 0.40	$ 1.08	$ 0.94
Average shares outstanding - diluted (in shares)	2,010,815	2,011,575	2,010,648	1,999,794
Mortgage Banking and Abstract Fees [Member]
Non-Interest Income
Non-interest revenue	$ 400,000	$ 349,000	$ 1,045,000	$ 819,000
Real Estate Sales Commissions [Member]
Non-Interest Income
Non-interest revenue	68,000	77,000	131,000	128,000
Other Fees and Services Fees [Member]
Non-Interest Income
Non-interest revenue	$ 144,000	$ (5,000)	$ 178,000	$ 85,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net Income	$ 1,008,000	$ 802,000	$ 2,171,000	$ 1,880,000
Other Comprehensive Income:
Unrealized gains on investment securities available-for-sale	102,000	12,000	85,000	34,000
Income tax effect	(21,000)	(2,000)	(18,000)	(7,000)
Other comprehensive income	81,000	10,000	67,000	27,000
Total Comprehensive Income	$ 1,089,000	$ 812,000	$ 2,238,000	$ 1,907,000

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	The 401(k) Plan [Member]Common Stock Outstanding [Member]	The 401(k) Plan [Member]Additional Paid-in Capital [Member]	The 401(k) Plan [Member]Treasury Stock [Member]	The 401(k) Plan [Member]Unallocated Common Stock Held by Benefit Plans [Member]	The 401(k) Plan [Member]AOCI Attributable to Parent [Member]	The 401(k) Plan [Member]Retained Earnings [Member]	The 401(k) Plan [Member]	The 2008 Stock Option Plan [Member]Common Stock Outstanding [Member]	The 2008 Stock Option Plan [Member]Additional Paid-in Capital [Member]	The 2008 Stock Option Plan [Member]Treasury Stock [Member]	The 2008 Stock Option Plan [Member]Unallocated Common Stock Held by Benefit Plans [Member]	The 2008 Stock Option Plan [Member]AOCI Attributable to Parent [Member]	The 2008 Stock Option Plan [Member]Retained Earnings [Member]	The 2008 Stock Option Plan [Member]	Common Stock Outstanding [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Unallocated Common Stock Held by Benefit Plans [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
BALANCE (in shares) at Dec. 31, 2018															1,975,947
BALANCE at Dec. 31, 2018															$ 28,000	$ 14,683,000	$ (4,824,000)	$ (185,000)	$ (2,000)	$ 14,136,000	$ 23,836,000
Common stock allocated by ESOP																86,000		50,000			136,000
Treasury stock purchase (in shares)															(15,146)
Treasury stock purchase																	(186,000)				(186,000)
Reissuance of treasury stock (in shares)	2,467							23,500							9,721
Reissuance of treasury stock		$ 16,000	$ 15,000				$ 31,000		$ 52,000	$ 138,000				$ 190,000		(57,000)	57,000
Stock based compensation expense																130,000					130,000
Cash dividends declared																				(496,000)	(496,000)
Net Income																				1,880,000	1,880,000
Other comprehensive income (loss), net																			27,000		27,000
BALANCE (in shares) at Sep. 30, 2019															1,996,489
BALANCE at Sep. 30, 2019															$ 28,000	14,910,000	(4,800,000)	(135,000)	25,000	15,520,000	25,548,000
BALANCE (in shares) at Jun. 30, 2019															1,996,688
BALANCE at Jun. 30, 2019															$ 28,000	14,832,000	(4,793,000)	(151,000)	15,000	14,897,000	24,828,000
Common stock allocated by ESOP																30,000		16,000			46,000
Treasury stock purchase (in shares)															(985)
Treasury stock purchase																	(12,000)				(12,000)
Reissuance of treasury stock (in shares)	786
Reissuance of treasury stock		5,000	5,000				10,000
Stock based compensation expense																43,000					43,000
Cash dividends declared																				(179,000)	(179,000)
Net Income																				802,000	802,000
Other comprehensive income (loss), net																			10,000		10,000
BALANCE (in shares) at Sep. 30, 2019															1,996,489
BALANCE at Sep. 30, 2019															$ 28,000	14,910,000	(4,800,000)	(135,000)	25,000	15,520,000	$ 25,548,000
BALANCE (in shares) at Dec. 31, 2019															1,984,857						1,984,857
BALANCE at Dec. 31, 2019															$ 28,000	14,990,000	(4,950,000)	(118,000)	20,000	15,937,000	$ 25,907,000
Common stock allocated by ESOP																78,000		51,000			129,000
Treasury stock purchase (in shares)															(15,761)
Treasury stock purchase																	(181,000)				(181,000)
Reissuance of treasury stock (in shares)	6,287							12,500							9,421
Reissuance of treasury stock		31,000	38,000				69,000		26,000	76,000				102,000		(57,000)	57,000
Stock based compensation expense																130,000					130,000
Cash dividends declared																				(537,000)	(537,000)
Net Income																				2,171,000	2,171,000
Other comprehensive income (loss), net																			67,000		$ 67,000
BALANCE (in shares) at Sep. 30, 2020															1,997,304						1,997,304
BALANCE at Sep. 30, 2020															$ 28,000	15,198,000	(4,960,000)	(67,000)	87,000	17,571,000	$ 27,857,000
BALANCE (in shares) at Jun. 30, 2020															2,001,614
BALANCE at Jun. 30, 2020															$ 28,000	15,123,000	(4,903,000)	(84,000)	6,000	16,743,000	26,913,000
Common stock allocated by ESOP																23,000		17,000			40,000
Treasury stock purchase (in shares)															(6,231)
Treasury stock purchase																	(69,000)				(69,000)
Reissuance of treasury stock (in shares)	1,921
Reissuance of treasury stock		$ 9,000	$ 12,000				$ 21,000
Stock based compensation expense																43,000					43,000
Cash dividends declared																				(180,000)	(180,000)
Net Income																				1,008,000	1,008,000
Other comprehensive income (loss), net																			81,000		$ 81,000
BALANCE (in shares) at Sep. 30, 2020															1,997,304						1,997,304
BALANCE at Sep. 30, 2020															$ 28,000	$ 15,198,000	$ (4,960,000)	$ (67,000)	$ 87,000	$ 17,571,000	$ 27,857,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Retained Earnings [Member]
Cash dividends declared, per share (in dollars per share)	$ 0.09	$ 0.09	$ 0.27	$ 0.25
Common stock allocated by ESOP (in shares)	3,607	3,607	10,821	10,821

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Net Income	$ 2,171,000	$ 1,880,000
Provision for loan losses	621,000	318,000
Depreciation of premises and equipment	175,000	149,000
Amortization of operating right-of-use assets	109,000	69,000
Amortization of subordinated debt issuance costs	25,000	25,000
Amortization of other intangible	36,000	36,000
Net amortization of securities premiums	7,000	14,000
Accretion of deferred loan fees and costs, net	(884,000)	(313,000)
Stock-based compensation expense	259,000	266,000
Net realized loss on sale of foreclosed real estate	92,000
Net gain on loans held for sale	(2,816,000)	(2,296,000)
Loans held for sale-originations	(135,652,000)	(97,973,000)
Loans held for sale-proceeds	116,410,000	88,889,000
Gain on the sale of SBA loans	(71,000)	(238,000)
Increase in the cash surrender value of bank-owned life insurance	(59,000)	(60,000)
Accrued interest receivable	(1,438,000)	(255,000)
Prepaid expenses and other assets	(970,000)	(818,000)
Accrued interest payable	140,000	62,000
Accrued expenses and other liabilities	669,000	(449,000)
Net Cash Used in Operating Activities	(21,176,000)	(10,693,000)
Cash Flows from Investing Activities
Purchase of interest-earning time deposits	(1,317,000)	(6,849,000)
Redemption of interest-earning time deposits	2,026,000	1,604,000
Purchase of investment securities available for sale	(4,007,000)	(3,319,000)
Principal repayments on investment securities available for sale	759,000	705,000
Net increase in loans receivable	(98,034,000)	(20,248,000)
Purchase of Federal Home Loan Bank stock	(168,000)	(454,000)
Redemption of Federal Home Loan Bank stock	283,000	40,000
Proceeds from the sale of foreclosed real estate	1,611,000
Capitalized expenditures on other real estate owned	(268,000)	(319,000)
Purchase of premises and equipment	(281,000)	(212,000)
Net Cash Used in Investing Activities	(99,396,000)	(29,052,000)
Cash Flows from Financing Activities
Net increase in demand deposits, money markets, and savings accounts	55,594,000	1,191,000
Net increase in certificate accounts	15,991,000	9,048,000
Decrease in advances from borrowers for taxes and insurance	(993,000)	(810,000)
Proceeds from Federal Home Loan Bank short-term borrowings	4,000,000	9,000,000
Repayment of Federal Home Loan Bank short-term borrowings	(10,000,000)	(9,000,000)
Proceeds from Federal Home Loan Bank long-term borrowings	3,922,000	12,271,000
Repayment of Federal Home Loan Bank long-term borrowings	(1,000,000)	(2,000,000)
Proceeds from Federal Reserve Bank long-term borrowings	52,144,000
Repayment of Federal Reserve Bank long-term borrowings	(3,310,000)
Dividends paid	(537,000)	(496,000)
Purchase of treasury stock	(181,000)	(186,000)
Proceeds from the reissuance of treasury stock	69,000	31,000
Proceeds from the exercise of stock options	102,000	190,000
Net Cash Provided by Financing Activities	115,801,000	19,239,000
Net Decrease in Cash and Cash Equivalents	(4,771,000)	(20,506,000)
Cash and Cash Equivalents – Beginning of Year	14,555,000	26,012,000
Cash and Cash Equivalents – End of Year	9,784,000	5,506,000
Supplementary Disclosure of Cash Flow and Non-Cash Information:
Cash payments for interest	4,022,000	3,949,000
Cash payments for income taxes	260,000	739,000
Initial recognition of operating lease right-of use assets	632,000	1,366,000
Initial recognition of operating lease obligations	$ 632,000	$ 1,366,000

Note 1 - Financial Statement Pr

Note 1 - Financial Statement Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1 Basis of Financial Presentation. September 30, 2020, five July 2009. February, 2019, July 2012 August 2016 The Bank is subject to regulation by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. Pursuant to the Bank's election under Section 10 three The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP) for interim information and with the instructions to Form 10 not The foregoing consolidated financial statements are unaudited; but in the opinion of management include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation thereof. The balances as of December 31, 2019 2019 10 three nine September 30, 2020 not may December 31, 2020. Use of Estimates in the Preparation of Financial Statements. Loans Receivable. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans, commercial business loans, and consumer loans. The residential loan segment has two one four one four five The accrual of interest is generally discontinued when principal or interest has become 90 no Allowance for Loan Losses. no The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company's past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may The allowance consists of specific, general and unallocated components. The specific component relates to loans that are designated as impaired. For loans that are designated as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not A loan is identified as a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor's financial difficulties, grants a concession to the debtor that it would not For loans secured by real estate, estimated fair values are determined primarily through third The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower's overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one four $500,000, may not may may not Loans Held for Sale . Federal Home Loan Bank Stock . No three nine September 30, 2020 2019. Bank Owned Life Insurance ( “ BOLl ” ). Intangible Assets. August 1, 2016 $1.0 $515,000 $485,000 ten The Company will complete a goodwill and other intangible asset analysis at least on an annual basis or more often if events and circumstances indicate that there may Other Real Estate Owned, Net . September 30, 2020 one $389,000. December 31, 2019, four $1.8 nine September 30, 2020, $268,000 three $1.7 $92,000. Share -Based Compensation. At September 30, 2020, three 2008 2013 2018 May 2013 2018. 10. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 10. Comprehensive Income . Earnings per Share. Revenue from Contracts with Customers. 606, “Revenue from Contracts with Customers” (“Topic 606” 606, not The Company's primary sources of revenue are derived from interest and dividends earned on loans and investment securities, gains on the sale of loans, income from bank-owned life insurance, and other financial instruments that are not 606. Service Charges on Deposits Abstract Title Fees Real Estate Sales Commissions, Net Insurance Commissions not one no Recent ly Adopted Accounting Pronouncements. August 2018, 2018 13, Fair Value Measurement (Topic 820 This Update is effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. not Recent Accounting Pronouncements Not June 2016, 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13 December 15, 2019, December 15, 2018. first In November 2019, 2019 10, Financial Instruments – Credit Losses (Topic 326 Derivatives and Hedging (Topic 815 842 2016 13 December 15, 2022, one first one In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 2, not December 15, 2019. November 2019, 2019 10, Financial Instruments– Credit Losses (Topic 326 815 842 350, December 15, 2022, not In May 2019, 2019 05, Financial Instruments – Credit Losses, Topic 326 825 10.3. not 2016 13. not 2016 13, 2016 13. 2016 13, 2019 05 December 15, 2019, 2016 13 November, 2019, 2019 10, 326 815 842 944, December 15, 2021, December 15, 2023, December 15, 2024. not In December 2019, 2019 12, Income Taxes (Topic 740 not not December 15, 2020. December 15, 2021, December 15, 2022. not In January 2020, 2020 02, Financial Instruments – Credit Losses (Topic 326 842 No. 119 No. 2016 02, 842 February 2020 No. 119, not In March 2020, 2020 03 , Codification Improvements to Financial Instruments. 2016. seven not 825, Financial Instruments 842 326. 2019 04 December 15, 2019, not 2016 01. 2016 13 not 2016 13. not 2016 13. 2016 13 December 15, 2019, not In March 2020, 2020 04, Reference Rate Reform (Topic 848 March 2020 not not one December 31, 2022. Reclassifications. 2019 2020 not no

Note 2 - Earnings Per Share

Note 2 - Earnings Per Share	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 2 – Earnings Per Share Earnings per share (“EPS”) consists of two not three nine September 30, 2020 2019, 2008 2013 three nine September 30, 2020 2019, 2013 2013 three nine September 30, 2020 2019, 2018 2013 2018 The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computations. For the Three Months Ended September 30, For the Nine Months Ended September 30, 20 20 201 9 20 20 201 9 Net Income $ 1,008,000 $ 802,000 $ 2,171,000 $ 1,880,000 Weighted average shares outstanding – basic 1,982,697 1,966,003 1,975,111 1,953,367 Effect of dilutive common stock equivalents 28,118 45,572 35,537 46,427 Adjusted weighted average shares outstanding – diluted 2,010,815 2,011,575 2,010,648 1,999,794 Basic earnings per share $ 0.51 $ 0.41 $ 1.10 $ 0.96 Diluted earnings per share $ 0.50 $ 0.40 $ 1.08 $ 0.94

Note 3 - Accumulated Other Comp

Note 3 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 3 – Accumulated Other Comprehensive Income ( Loss ) The following table presents the changes in accumulated other comprehensive income (loss) by component, net of tax, for the three nine September 30, 2020 2019 Unrealized Gains (Losses) on Investment Securities Available for Sale (1) For the Three Months E nded September 30, For the Nine Months Ended September 30, 20 20 201 9 20 20 201 9 Balance at the beginning of the period $ 6 $ 15 $ 20 $ (2 ) Other comprehensive income before classifications 81 10 67 27 Amount reclassified from accumulated other comprehensive income - - - - Total other comprehensive income 81 10 67 27 Balance at the end of the period $ 87 $ 25 $ 87 $ 25 _________________ ( 1

Note 4 - Investment in Interest

Note 4 - Investment in Interest-earning Time Deposits	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	N o te 4 – Investment in Interest-Earning Time Deposits The investment in interest-earning time deposits as of September 30, 2020 December 31, 2019, September 30 , 20 20 December 31, 201 9 Due in one year or less $ 3,712 $ 2,026 Due after one year through five years 5,751 8,146 Total $ 9,463 $ 10,172

Note 5 - Investment Securities

Note 5 - Investment Securities Available for Sale	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	N ote 5 – Investment Securities Available for Sale The amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale at September 30, 2020 December 31, 2019 September 30 , 20 20 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Governmental National Mortgage Association securities $ 5,137 $ 26 $ - $ 5,163 Federal National Mortgage Association securities 196 4 - 200 Total mortgage-backed securities 5,333 30 - 5,363 Debt securities: Corporate notes 5,507 82 (2 ) 5,587 Total available-for-sale-securities $ 10,840 $ 112 $ (2 ) $ 10,950 December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Governmental National Mortgage Association securities $ 5,841 $ 13 $ (1 ) $ 5,853 Federal National Mortgage Association securities 258 2 - 260 Total mortgage-backed securities 6,099 15 (1 ) 6,113 Debt securities: Corporate notes 1,500 10 - 1,510 Total available-for-sale-securities $ 7,599 $ 25 $ (1 ) $ 7,623 The amortized cost and fair value of debt securities at September 30, 2020, may Available for Sale Amortized Cost Fair Value Due after five years through ten years $ 5,507 $ 5,587 Due after ten years 5,333 5,363 Total $ 10,840 $ 10,950 The following tables show the Company's gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position at September 30, 2020 December 31, 2019 ( September 30, 2020 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Corporates 1 $ 505 $ (2 ) $ - $ - $ 505 $ (2 ) Total 1 $ 505 $ (2 ) $ - $ - $ 505 $ (2 ) December 31, 2019 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Government National Mortgage Association securities 4 $ 2,295 $ (1 ) $ - $ - $ 2,295 $ (1 ) At September 30, 2020, one 0.37% may not September 30, 2020 no three nine September 30, 2020 2019.

Note 6 - Loans Receivable, Net

Note 6 - Loans Receivable, Net and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Financing Receivables [Text Block]	Note 6 - Loans Receivable, Net and Allowance for Loan Losses The composition of net loans receivable is as follows: September 30 , 20 20 December 31, 201 9 Real estate loans: One-to-four family residential: Owner occupied $ 5,385 $ 6,298 Non-owner occupied 40,872 39,897 Total one-to-four family residential 46,257 46,195 Multi-family (five or more) residential 22,814 22,233 Commercial real estate 128,965 119,323 Construction 7,512 12,523 Home equity 4,103 3,726 Total real estate loans 209,651 204,000 Commercial business 141,206 45,745 Other consumer 10 22 Total Loans 350,867 249,767 Deferred loan fees and costs (2,955 ) (844 ) Allowance for loan losses (2,852 ) (2,231 ) Net Loans $ 345,060 $ 246,692 The following tables present the classes of the loan portfolio summarized by the aggregate pass rating and the classified ratings of special mention, substandard and doubtful within the Company's internal risk rating system as of September 30, 2020 December 31, 2019 September 30 , 20 20 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,214 $ - $ 171 $ - $ 5,385 One-to-four family residential non-owner occupied 40,555 - 317 - 40,872 Multi-family residential 22,814 - - - 22,814 Commercial real estate 127,781 892 292 - 128,965 Construction 7,512 - - - 7,512 Home equity 4,103 - - - 4,103 Commercial business 141,206 - - - 141,206 Other consumer 10 - - - 10 Total $ 349,195 $ 892 $ 780 $ - $ 350,867 December 31, 201 9 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,126 $ - $ 172 $ - $ 6,298 One-to-four family residential non-owner occupied 39,579 - 318 - 39,897 Multi-family residential 22,233 - - - 22,233 Commercial real estate 118,233 798 292 - 119,323 Construction 12,523 - - - 12,523 Home equity 3,726 - - - 3,726 Commercial business 45,745 - - - 45,745 Other consumer 22 - - - 22 Total $ 248,187 $ 798 $ 782 $ - $ 249,767 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not September 30, 2020 September 30 , 20 20 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 171 $ 178 $ - $ 171 $ - One-to-four family residential non-owner occupied 19 19 - 19 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 9 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - - - Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ 171 $ 178 $ - $ 171 $ - One-to-four family residential non-owner occupied 19 19 - 19 - Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 321 $ 328 $ - $ 321 $ 9 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not December 31, 2019 December 31, 201 9 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 172 $ 178 $ - $ 178 $ - One-to-four family residential non-owner occupied 19 19 - 225 13 Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - - - Multi-family residential - - - - - Commercial real estate 132 132 4 133 12 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ 172 178 $ - $ 178 $ - One-to-four family residential non-owner occupied 19 19 - 225 13 Multi-family residential - - - - - Commercial real estate 132 132 4 133 12 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 323 $ 329 $ 4 $ 536 $ 25 The loan portfolio also includes certain loans that have been modified in a troubled debt restructuring, where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from loss mitigation activities and could include reductions in the interest rate, payment extensions, forbearance, or other actions. At September 30, 2020, two $150,000 one nine September 30, 2020, no December 31, 2019, two $151,000 not six The following tables present the Company's TDR loans as of September 30, 2020 December 31, 2019 ( September 30, 20 20 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1 19 19 - - Multi-family residential - - - - - Commercial real estate 1 131 - 131 - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total 2 $ 150 $ 19 $ 131 $ - December 31, 201 9 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1 19 - 19 - Multi-family residential - - - - - Commercial real estate 1 132 - 132 4 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total 2 $ 151 $ - $ 151 $ 4 The contractual aging of the TDRs in the table above as of September 30, 2020 December 31, 2019 September 30, 2020 Current Past Due 30-89 Days 90 Days or More Past Due Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - 19 19 Multi-family residential - - - - - Commercial real estate 131 - - - 131 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 131 $ - $ - $ 19 $ 150 December 31, 2019 Current Past Due 30-89 Days 90 Days or More Past Due Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - 19 - - 19 Multi-family residential - - - - - Commercial real estate 132 - - - 132 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 132 $ 19 $ - $ - $ 151 Any reserve for an impaired TDR loan is based upon the present value of the future expected cash flows discounted at the loan's original effective rate or upon the fair value of the collateral less costs to sell, if the loan is deemed collateral dependent. At September 30, 2020 no The general practice of the Bank is to work with borrowers so that they are able to pay back their loan in full. If a borrower continues to be delinquent or cannot meet the terms of a TDR modification and the loan is determined to be uncollectible, the loan will be charged off. Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three nine September 30, 2020 September 30, 2020 ( September 30, 2020 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended September 30, 2020 Allowance for loan losses: Beginning balance $ 43 $ 399 $ 204 $ 1,229 $ 114 $ 25 $ 537 $ 100 $ 2,651 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision 4 9 47 93 (1 ) 2 (53 ) 100 201 Ending balance $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 For the Nine Months Ended September 30, 2020 Allowance for loan losses: Beginning balance $ 52 $ 351 $ 145 $ 854 $ 250 $ 19 $ 500 $ 60 $ 2,231 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (5 ) 57 106 468 (137 ) 8 (16 ) 140 621 Ending balance $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ 3 Collectively $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 Loans receivable: Ending balance: $ 5,385 $ 40,872 $ 22,814 $ 128,965 $ 7,512 $ 4,103 $ 141,216 $ 350,867 Ending balance evaluated for impairment: Individually $ 171 $ 19 $ - $ 131 $ - $ - $ - $ 321 Collectively $ 5,214 $ 40,853 $ 22,814 $ 128,834 $ 7,512 $ 4,103 $ 141,216 $ 350,546 The Bank allocated increased allowance for loan loss provisions to the commercial real estate loan portfolio class for the three nine September 30, 2020, three nine September 30, 2020, three September 30, 2020, nine September 30, 2020, 1 4 nine September 30, 2020, 19 three nine September 30, 2020 19 Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three nine September 30, 2019 ( September 30, 201 9 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended September 30, 201 9 Allowance for loan losses: Beginning balance $ 49 $ 437 $ 153 $ 835 $ 180 $ 23 $ 370 $ 79 $ 2,126 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (1 ) (20 ) (3 ) - 89 (3 ) 74 21 157 Ending balance $ 48 $ 417 $ 150 $ 835 $ 269 $ 20 $ 444 $ 100 $ 2,283 For the Nine Months Ended September 30, 201 9 Allowance for loan losses: Beginning balance $ 51 $ 435 $ 156 $ 839 $ 175 $ 21 $ 247 $ 41 $ 1,965 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (3 ) (18 ) (6 ) (4 ) 94 (1 ) 197 59 318 Ending balance $ 48 $ 417 $ 150 $ 835 $ 269 $ 20 $ 444 $ 100 $ 2,283 Ending balance evaluated for impairment: Individually $ - $ 50 $ - $ 4 $ - $ - $ - $ - $ 54 Collectively $ 48 $ 367 $ 150 $ 831 $ 269 $ 20 $ 444 $ 100 $ 2,229 The Bank allocated increased allowance for loan loss provisions to the construction loan portfolio class and the commercial business portfolio class for the three nine September 30, 2019, 1 4 three nine September 30, 2019, Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the year ended December 31, 2019 December 31, 2019 ( December 31, 201 9 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi- Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 51 $ 435 $ 156 $ 839 $ 175 $ 21 $ 247 $ 41 $ 1,965 Charge-offs - (37 ) - - - - - -- (37 ) Recoveries - - - - - - - -- - Provision 1 (47 ) (11 ) 15 75 (2 ) 253 19 303 Ending balance $ 52 $ 351 $ 145 $ 854 $ 250 $ 19 $ 500 $ 60 $ 2,231 Ending balance evaluated for impairment: Individually $ - $ - $ - $ 4 $ - $ - $ - $ - $ 4 Collectively $ 52 $ 351 $ 145 $ 850 $ 250 $ 19 $ 500 $ 60 $ 2,227 Loans receivable: Ending balance $ 6,298 $ 39,897 $ 22,233 $ 119,323 $ 12,523 $ 3,726 $ 45,767 $ 249,767 Ending balance evaluated for impairment: Individually $ 172 $ 19 $ - $ 132 $ - $ - $ - $ 323 Collectively $ 6,126 $ 39,878 $ 22,233 $ 119,191 $ 12,523 $ 3,726 $ 45,767 $ 249,444 The Bank allocated increased allowance for loan loss provisions to the commercial business loan portfolio class, the construction loan portfolio class, and the commercial real estate loan portfolio class for the year ended December 31, 2019, 1 4 December 31, 2019, The following table presents nonaccrual loans by classes of the loan portfolio as of September 30, 2020 December 31, 2019 ( September 30 , 20 20 December 31, 201 9 One-to-four family residential owner occupied $ 171 $ 172 One-to-four family residential non-owner occupied 19 - Multi-family residential - - Commercial real estate - - Construction - - Home equity - - Commercial business - - Other consumer - - Total $ 190 $ 172 Non-performing loans, which consist of non-accruing loans plus accruing loans 90 $1.1 $362,000 September 30, 2020 December 31, 2019, For the three nine September 30, 2020 2019 no $4,000 $10,000 three nine September 30, 2020, $18,000 $27,000 three nine September 30, 2019, The performance and credit quality of the loan portfolio is also monitored by analyzing the age of the loans receivable as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the past due status as of September 30, 2020 December 31, 2019 ( September 30 , 20 20 30- 89 Days Past Due 90 Days or M ore Pas t Due Total Past Due Current Total Loans Receivable Loans Receivable 90 Days or More Past Due and Accruing One-to-four family residential owner occupied $ 1,136 $ 171 $ 1,307 $ 4,078 $ 5,385 $ - One-to-four family residential non-owner occupied 156 19 175 40,697 40,872 - Multi-family residential 1,723 - 1,723 21,091 22,814 - Commercial real estate 3,970 892 4,862 124,103 128,965 892 Construction - - - 7,512 7,512 - Home equity 96 - 96 4,007 4,103 - Commercial business 145 - 145 141,061 141,206 - Other consumer - - - 10 10 - Total $ 7,226 $ 1,082 $ 8,308 $ 342,559 $ 350,867 $ 892 December 31, 20 19 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Receivable Loans Receivable 90 Days or More Past Due and Accruing One-to-four family residential owner occupied $ 1,199 $ 172 $ 1,371 $ 4,927 $ 6,298 $ - One-to-four family residential non-owner occupied 1,069 - 1,069 38,828 39,897 - Multi-family residential - - - 22,233 22,233 - Commercial real estate 986 190 1,176 118,147 119,323 190 Construction 1,120 - 1,120 11,403 12,523 - Home equity - - - 3,726 3,726 - Commercial business 66 - 66 45,679 45,745 - Other consumer - - - 22 22 - Total $ 4,440 $ 362 $ 4,802 $ 244,965 $ 249,767 $ 190

Note 7 - Goodwill and Other Int

Note 7 - Goodwill and Other Intangible, Net	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7 – Goodwill and Other Intangible, Net On August 1, 2016, $1.0 $515,000 $485,000 ten September 30, 2020 $283,000 $202,000. three nine September 30, 2020 2019 $12,000 $36,000

Note 8 - Deposits

Note 8 - Deposits	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	N ote 8 – Deposits Deposits consist of the following classifications (in thousands): September 30, 20 20 December 31, 201 9 Non-interest bearing checking accounts $ 36,227 $ 15,775 Passbook accounts 7 5 Savings accounts 1,736 1,722 Money market accounts 60,630 25,504 Certificates of deposit 200,443 184,452 Total deposits $ 299,043 $ 227,458

Note 9 - Borrowings

Note 9 - Borrowings	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	N ote 9 – Borrowings Federal Home Loan Bank advances consist of the following at September 30, 2020 December 31, 2019 ( September 30 , 20 20 December 31, 201 9 Amount Weighted Interest Rate Amount Weighted Interest Short-term borrowings $ 4,000 0.39 % $ 10,000 1.81 % Fixed rate borrowings maturing: 2020 1,000 2.15 2,000 2.00 2021 5,000 2.20 5,000 2.20 2022 7,171 2.10 7,171 2.10 2023 7,000 2.16 7,000 2.16 2024 6,167 2.05 5,100 2.28 2025 2,855 1.25 - - Total FHLB long-term debt $ 29,193 2.04 % $ 26,271 2.16 % Federal Reserve Bank long-term borrowings increased to $48.8 zero December 31, 2019 0.35% two

Note 10 - Stock Compensation Pl

Note 10 - Stock Compensation Plans	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 1 0 – Stock Compensation Plans Employee Stock Ownership Plan The Company maintains an Employee Stock Ownership Plan (ESOP) for the benefit of employees who meet the eligibility requirements of the plan. Using proceeds from a loan from the Company, the ESOP purchased 8%, 222,180 2007. 7.75% 15 September 30, 2020 three 2007 Shares of the Company's common stock purchased by the ESOP are held in a suspense account and reported as unallocated common stock held by the ESOP in stockholders' equity until released for allocation to participants. As the debt is repaid, shares are released from collateral and are allocated to each eligible participant based on the ratio of each such participant's base compensation to the total base compensation of eligible plan participants. As the unearned shares are committed to be released and allocated among participants, the Company recognizes compensation expense equal to the average market value of the shares, and the shares become outstanding for earnings per share computations. During the three nine September 30, 2020, $40,000 $129,000 three nine September 30, 2019, $46,000 $136,000 Stock Incentive Plan s In May 2013, 2013 “2013 2013 May 2013 195,000 48,750, 25%, may 146,250 May 2018, 2018 “2018 2018 May 2018 155,000 38,750, 25%, may 116,250 As of September 30, 2020 28,266 2013 2018 11,750 2018 1,200 2013 2013 2018 five A summary of the status of the share awards under the 2013 2018 September 30, 2020 2019 nine September 30, 2020 2019 September 30, 2020 September 30, 2019 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Gran t Date Fair Value Unvested at the beginning of the period 38,887 $ 13.30 48,608 $ 13.30 Granted - - - - Vested (9,421 ) 13.30 (9,721 ) 13.30 Forfeited (1,200 ) 13.30 - - Unvested at the end of the period 28,266 $ 13.30 38,887 $ 13.30 Compensation expense on the restricted stock awards is recognized ratably over the five three September 30, 2020 2019, $32,000 $7,000 three September 30, 2020 2019. nine September 30, 2020 2019, $97,000 $20,000 nine September 30, 2020 2019. September 30, 2020, $340,000 2.6 Stock Option and Stock Incentive Plans In May 2008, 2008 277,726 no February 13, 2018, 2013 10 May 2013, 2013 “2013 2013 May 2013 195,000 48,750, 25%, may 146,250 May 2018, 2018 “2018 2018 May 2018 155,000 38,750, 25%, may 116,250 All incentive stock options issued under the Option Plan and the 2013 2018 422 five ten   As of September 30, 2020, 240,636 2013 2018 37,250 2018 3,200 2013 none five ten A summary of option activity under the Company's Option Plan and 2013 2018 September 30, 2020 2019 nine September 30, 2020 2019 20 20 201 9 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding at the beginning of the period 256,336 $ 10.87 6.0 279,836 $ 10.64 6.8 Granted - - - - - - Exercised (12,500 ) 8.10 - (23,500 ) 8.10 - Forfeited (3,200 ) 8.10 - - - - Outstanding at end of period 240,636 $ 10.94 5.5 256,336 $ 10.87 6.3 Exercisable at end of period 161,054 $ 9.84 5.0 147,027 $ 9.07 3.6 The estimated fair value of the options granted in May 2018 $1.75 Expected dividend yield 2.11 % Risk-free interest rate 2.96 % Expected life of options (in years) 6.5 Expected stock-price volatility 12.42 % The dividend yield was calculated on the dividend amount and stock price existing at the grant date. The risk free interest rate used was based on the rates of United States Treasury securities with maturities equal to the expected lives of the options. Although the contractual term of the options granted is ten may During both the three September 30, 2020 2019, $11,000 $1,000 nine September 30, 2020 2019, $33,000 $2,000 September 30, 2020, $116,000 2.6

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 1 1 – Fair Value Measurements and Fair Values of Financial Instruments Fair value estimates are based on quoted market prices, if available, quoted market prices of similar assets or liabilities, or the present value of expected future cash flows and other valuation techniques. These valuations are significantly affected by discount rates, cash flow assumptions, and risk assumptions used. Therefore, fair values estimates may not not may Fair value is determined at one not not not not The following disclosures show the hierarchal disclosure framework associated with the level of pricing observations utilized in measuring assets and liabilities at fair value. The three Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Valuations derived from valuation techniques in which one This hierarchy requires the use of observable market data when available. The methods of determining the fair value of assets and liabilities presented in this note are consistent with our methodologies disclosed in Note 19 2019 10 3 The following is a discussion of assets and liabilities measured at fair value on a recurring and non-recurring basis and valuation techniques applied: Investment Securities Available For Sale: 1 2 We may Impaired Loans: 3 Other Real Estate Owned: 3 The table below sets forth the financial assets and liabilities that were accounted for on a recurring and nonrecurring basis by level within the fair value hierarchy as of September 30, 2020 ( September 30, 20 20 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale: Governmental National Mortgage Association mortgage-backed securities $ 5,163 $ - $ 5,163 $ - Federal National Mortgage Association mortgage- backed securities 200 - 200 - Corporate notes 5,587 - 5,587 - Total investment securities available for sale $ 10,950 $ - $ 10,950 $ - Total recurring fair value measurements $ 10,950 $ - $ 10,950 $ - Nonrecurring fair value measurements Impaired loans $ 321 $ - $ - $ 321 Other Real Estate Owned 389 - - 389 Total nonrecurring fair value measurements $ 710 $ - $ - $ 710 The table below sets forth the financial assets and liabilities that were accounted for on a recurring and nonrecurring basis by level within the fair value hierarchy as of December 31, 2019 ( December 31, 2019 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements: Investment securities available for sale Governmental National Mortgage Association mortgage-backed securities $ 5,853 $ - $ 5,853 $ - Federal National Mortgage Association mortgage- backed securities 260 - 260 - Corporate notes 1,510 - 1,510 - Total investment securities available for sale $ 7,623 $ - $ 7,623 $ - Total recurring fair value measurements $ 7,623 $ - $ 7,623 $ - Nonrecurring fair value measurements Impaired loans $ 319 $ - $ - $ 319 Other Real Estate Owned 1,824 - - 1,824 Total nonrecurring fair value measurements $ 2,143 $ - $ - $ 2,143 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has used Level 3 September 30, 2020 December 31, 2019 ( September 30, 2020 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 321 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 0% (0%) Other real estate owned $ 389 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 12% (12%) December 31, 2019 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 319 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 3% (1%) Other real estate owned $ 1,824 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 12% (12%) ________________ ( 1 Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 ( 2 Appraisals may The estimated fair values of the Company's financial instruments that are not September 30, 2020 December 31, 2019 Fair Value Measurements at September 30, 2020 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Investment in interest-earning time deposits $ 9,463 $ 9,781 $ - $ - $ 9,781 Loans held for sale 30,986 31,957 - 31,957 - Loans receivable, net 345,060 349,758 - - 349,758 Financial Liabilities Deposits 299,043 302,985 98,600 - 204,385 FHLB long-term borrowings 29,193 29,291 - - 29,291 FRB long-term borrowings 48,834 48,823 - - 48,823 Subordinated debt 7,890 8,014 - - 8,014 Fair Value Measurements at December 31, 2019 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Investment in interest-earning time deposits $ 10,172 $ 10,536 $ -- $ -- $ 10,536 Loans held for sale 8,928 9,205 -- 9,205 -- Loans receivable, net 246,692 250,550 -- -- 250,550 Financial Liabilities Deposits 227,458 230,521 43,006 -- 187,515 FHLB long-term borrowings 26,271 26,292 -- -- 26,292 Subordinated debt 7,865 8,146 -- -- 8,146 For cash and cash equivalents, accrued interest receivable, investment in FHLB stock, bank-owned life insurance, FHLB short-term borrowings, accrued interest payable, and advances from borrowers for taxes and insurance, the carrying value is a reasonable estimate of the fair value and are considered Level 1

Note 12 - Operating Segments

Note 12 - Operating Segments	9 Months Ended
	Sep. 30, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 12 The Company's operations currently consist of two two The Banking Segment generates its revenues primarily from its lending, deposit gathering and fee business activities. The profitability of this segment's operations depends primarily on its net interest income after provision for credit losses, which is the difference between interest earned on interest earning assets and interest paid on interest bearing liabilities less provision for credit losses. The provision for credit losses is almost entirely dependent on changes in the Banking Segment's loan portfolio and management's assessment of the collectability of the loan portfolio as well as prevailing economic and market conditions. The profitability of this segment's operations also depends on the generation of non-interest income which includes fees and commissions generated by Quaint Oak Bank and its wholly-owned subsidiaries, Quaint Oak Real Estate, LLC, Quaint Oak Abstract, LLC, and Quaint Oak Insurance Agency, LLC which are included in the Banking Segment for segment reporting purposes. The Banking Segment is also subject to an extensive system of laws and regulations that are intended primarily for the protection of depositors and other customers, federal deposit insurance funds and the banking system as a whole. These laws and regulations govern such areas as capital, permissible activities, allowance for loan and lease losses, loans and investments, and rates of interest that can be charged on loans. For segment reporting purposes, Quaint Oak Bancorp, Inc. is included as part of the Company's Banking segment. The Mortgage Banking Segment originates residential mortgage loans which are sold into the secondary market along with the loans' servicing rights. The profitability of this segment's operations depends primarily on the gains realized from the sale of loans and processing fees. The Mortgage Banking Segment is also subject to an extensive system of laws and regulations that are intended primarily for the protection of consumers. The following table present summary financial information for the reportable segments (in thousands): As of or f or the Three Months Ended September 30 , 20 20 2 019 Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Net Interest Income $ 2,948 $ (82 ) $ 2,866 $ 2,225 $ (54 ) $ 2,171 Provision for Loan Losses 201 - 201 157 - 157 Net Interest Income after Provision for Loan Losses 2,747 (82 ) 2,665 2,068 (54 ) 2,014 Non-Interest Income Mortgage banking and title abstract fees 250 150 400 181 168 349 Real estate sales commissions, net 68 - 68 77 - 77 Insurance commissions 130 - 130 109 - 109 Other fees and services charges 144 - 144 (5 ) - (5 ) Income from bank-owned life insurance 20 - 20 21 - 21 Net gain on loans held for sale - 1,209 1,209 - 996 996 Net gain on sale of other real estate owned (110 ) - (110 ) - - - Gain on the sale of SBA loans 19 - 19 98 - 98 Total Non-Interest Income 521 1,359 1,880 481 1,164 1,645 Non-Interest Expense Salaries and employee benefits 1,761 384 2,145 1,485 291 1,776 Directors' fees and expenses 61 - 61 54 - 54 Occupancy and equipment 175 76 251 126 55 181 Data processing 119 58 177 92 29 121 Professional fees 95 17 112 96 12 108 FDIC deposit insurance assessment 38 - 38 - - - Other real estate owned expenses 11 - 11 12 - 12 Advertising 61 14 75 60 10 70 Amortization of other intangible 12 - 12 13 - 13 Other 248 11 259 185 15 200 Total Non-Interest Expense 2,581 560 3,141 2,123 412 2,535 Pretax Segment Profit $ 687 $ 717 $ 1,404 $ 426 $ 698 $ 1,124 Segment Assets $ 382,939 $ 39,364 $ 422,303 $ 270,502 $ 23,318 $ 293,820 ( 1 Includes Quaint Oak Bancorp, Inc. and the Bank's Subsidiaries, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, and QOB Properties. As of or f or the Nine Months Ended September 30 , 20 20 201 9 Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Net Interest Income $ 7,935 $ (169 ) $ 7,766 $ 6,504 $ (98 ) $ 6,406 Provision for Loan Losses 621 - 621 318 - 318 Net Interest Income after Provision for Loan Losses 7,314 (169 ) 7,145 6,186 (98 ) 6,088 Non-Interest Income Mortgage banking and title abstract fees 602 443 1,045 442 377 819 Real estate sales commissions, net 131 - 131 128 - 128 Insurance commissions 347 - 347 307 - 307 Other fees and services charges 178 - 178 85 - 85 Income from bank-owned life insurance 59 - 59 60 - 60 Net gain on loans held for sale - 2,816 2,816 - 2,296 2,296 Net gain on sale of other real estate owned (92 ) - (92 ) - - - Gain on sale of SBA loans 71 - 71 238 - 238 Total Non-Interest Income 1,296 3,259 4,555 1,260 2,673 3,933 Non-Interest Expense Salaries and employee benefits 4,894 1,014 5,908 4,272 901 5,173 Directors' fees and expenses 175 - 175 167 - 167 Occupancy and equipment 461 212 673 354 161 515 Data processing 345 129 474 253 88 341 Professional fees 287 52 339 244 38 282 FDIC deposit insurance assessment 85 - 85 40 - 40 Other real estate owned expenses 34 - 34 23 - 23 Advertising 183 41 224 182 30 212 Amortization of other intangible 37 - 37 37 - 37 Other 672 42 714 538 41 579 Total Non-Interest Expense 7,173 1,490 8,663 6,110 1,259 7,369 Pretax Segment Profit $ 1,437 $ 1,600 $ 3,037 $ 1,336 $ 1,316 $ 2,652 Segment Assets $ 382,939 $ 39,364 $ 422,303 $ 270,502 $ 23,318 $ 293,820 ( 1 Includes Quaint Oak Bancorp, Inc. and the Bank's Subsidiaries, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, and QOB Properties.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Financial Presentation. September 30, 2020, five July 2009. February, 2019, July 2012 August 2016 The Bank is subject to regulation by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. Pursuant to the Bank's election under Section 10 three The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (US GAAP) for interim information and with the instructions to Form 10 not The foregoing consolidated financial statements are unaudited; but in the opinion of management include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation thereof. The balances as of December 31, 2019 2019 10 three nine September 30, 2020 not may December 31, 2020.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements.
Financing Receivable [Policy Text Block]	Loans Receivable. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans, commercial business loans, and consumer loans. The residential loan segment has two one four one four five The accrual of interest is generally discontinued when principal or interest has become 90 no
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses. no The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company's past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may The allowance consists of specific, general and unallocated components. The specific component relates to loans that are designated as impaired. For loans that are designated as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not A loan is identified as a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor's financial difficulties, grants a concession to the debtor that it would not For loans secured by real estate, estimated fair values are determined primarily through third The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower's overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one four $500,000, may not may may not
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held for Sale .
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock . No three nine September 30, 2020 2019.
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance ( “ BOLl ” ).
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	Intangible Assets. August 1, 2016 $1.0 $515,000 $485,000 ten The Company will complete a goodwill and other intangible asset analysis at least on an annual basis or more often if events and circumstances indicate that there may
Financing Receivable, Real Estate Acquired Through Foreclosure [Policy Text Block]	Other Real Estate Owned, Net . September 30, 2020 one $389,000. December 31, 2019, four $1.8 nine September 30, 2020, $268,000 three $1.7 $92,000.
Share-based Payment Arrangement [Policy Text Block]	Share -Based Compensation. At September 30, 2020, three 2008 2013 2018 May 2013 2018. 10. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 10.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income .
Earnings Per Share, Policy [Policy Text Block]	Earnings per Share.
Revenue from Contract with Customer [Policy Text Block]	Revenue from Contracts with Customers. 606, “Revenue from Contracts with Customers” (“Topic 606” 606, not The Company's primary sources of revenue are derived from interest and dividends earned on loans and investment securities, gains on the sale of loans, income from bank-owned life insurance, and other financial instruments that are not 606. Service Charges on Deposits Abstract Title Fees Real Estate Sales Commissions, Net Insurance Commissions not one no
New Accounting Pronouncements, Policy [Policy Text Block]	Recent ly Adopted Accounting Pronouncements. August 2018, 2018 13, Fair Value Measurement (Topic 820 This Update is effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. not Recent Accounting Pronouncements Not June 2016, 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13 December 15, 2019, December 15, 2018. first In November 2019, 2019 10, Financial Instruments – Credit Losses (Topic 326 Derivatives and Hedging (Topic 815 842 2016 13 December 15, 2022, one first one In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 2, not December 15, 2019. November 2019, 2019 10, Financial Instruments– Credit Losses (Topic 326 815 842 350, December 15, 2022, not In May 2019, 2019 05, Financial Instruments – Credit Losses, Topic 326 825 10.3. not 2016 13. not 2016 13, 2016 13. 2016 13, 2019 05 December 15, 2019, 2016 13 November, 2019, 2019 10, 326 815 842 944, December 15, 2021, December 15, 2023, December 15, 2024. not In December 2019, 2019 12, Income Taxes (Topic 740 not not December 15, 2020. December 15, 2021, December 15, 2022. not In January 2020, 2020 02, Financial Instruments – Credit Losses (Topic 326 842 No. 119 No. 2016 02, 842 February 2020 No. 119, not In March 2020, 2020 03 , Codification Improvements to Financial Instruments. 2016. seven not 825, Financial Instruments 842 326. 2019 04 December 15, 2019, not 2016 01. 2016 13 not 2016 13. not 2016 13. 2016 13 December 15, 2019, not In March 2020, 2020 04, Reference Rate Reform (Topic 848 March 2020 not not one December 31, 2022.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications. 2019 2020 not no

Note 2 - Earnings Per Share (Ta

Note 2 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Three Months Ended September 30, For the Nine Months Ended September 30, 20 20 201 9 20 20 201 9 Net Income $ 1,008,000 $ 802,000 $ 2,171,000 $ 1,880,000 Weighted average shares outstanding – basic 1,982,697 1,966,003 1,975,111 1,953,367 Effect of dilutive common stock equivalents 28,118 45,572 35,537 46,427 Adjusted weighted average shares outstanding – diluted 2,010,815 2,011,575 2,010,648 1,999,794 Basic earnings per share $ 0.51 $ 0.41 $ 1.10 $ 0.96 Diluted earnings per share $ 0.50 $ 0.40 $ 1.08 $ 0.94

Note 3 - Accumulated Other Co_2

Note 3 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains (Losses) on Investment Securities Available for Sale (1) For the Three Months E nded September 30, For the Nine Months Ended September 30, 20 20 201 9 20 20 201 9 Balance at the beginning of the period $ 6 $ 15 $ 20 $ (2 ) Other comprehensive income before classifications 81 10 67 27 Amount reclassified from accumulated other comprehensive income - - - - Total other comprehensive income 81 10 67 27 Balance at the end of the period $ 87 $ 25 $ 87 $ 25

Note 4 - Investment in Intere_2

Note 4 - Investment in Interest-earning Time Deposits (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Investments in Interest-Earning Time Deposits by Contractual Maturity [Table Text Block]	September 30 , 20 20 December 31, 201 9 Due in one year or less $ 3,712 $ 2,026 Due after one year through five years 5,751 8,146 Total $ 9,463 $ 10,172

Note 5 - Investment Securitie_2

Note 5 - Investment Securities Available for Sale (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Available-for-sale Securities [Table Text Block]	September 30 , 20 20 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Governmental National Mortgage Association securities $ 5,137 $ 26 $ - $ 5,163 Federal National Mortgage Association securities 196 4 - 200 Total mortgage-backed securities 5,333 30 - 5,363 Debt securities: Corporate notes 5,507 82 (2 ) 5,587 Total available-for-sale-securities $ 10,840 $ 112 $ (2 ) $ 10,950 December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Governmental National Mortgage Association securities $ 5,841 $ 13 $ (1 ) $ 5,853 Federal National Mortgage Association securities 258 2 - 260 Total mortgage-backed securities 6,099 15 (1 ) 6,113 Debt securities: Corporate notes 1,500 10 - 1,510 Total available-for-sale-securities $ 7,599 $ 25 $ (1 ) $ 7,623
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Amortized Cost Fair Value Due after five years through ten years $ 5,507 $ 5,587 Due after ten years 5,333 5,363 Total $ 10,840 $ 10,950
Schedule of Unrealized Loss on Investments [Table Text Block]	September 30, 2020 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Corporates 1 $ 505 $ (2 ) $ - $ - $ 505 $ (2 ) Total 1 $ 505 $ (2 ) $ - $ - $ 505 $ (2 ) December 31, 2019 Less than Twelve Months Twelve Months or Greater Total Number of Fair Value Gross Fair Value Gross Fair Value Gross Government National Mortgage Association securities 4 $ 2,295 $ (1 ) $ - $ - $ 2,295 $ (1 )

Note 6 - Loans Receivable, Ne_2

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30 , 20 20 December 31, 201 9 Real estate loans: One-to-four family residential: Owner occupied $ 5,385 $ 6,298 Non-owner occupied 40,872 39,897 Total one-to-four family residential 46,257 46,195 Multi-family (five or more) residential 22,814 22,233 Commercial real estate 128,965 119,323 Construction 7,512 12,523 Home equity 4,103 3,726 Total real estate loans 209,651 204,000 Commercial business 141,206 45,745 Other consumer 10 22 Total Loans 350,867 249,767 Deferred loan fees and costs (2,955 ) (844 ) Allowance for loan losses (2,852 ) (2,231 ) Net Loans $ 345,060 $ 246,692
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30 , 20 20 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 5,214 $ - $ 171 $ - $ 5,385 One-to-four family residential non-owner occupied 40,555 - 317 - 40,872 Multi-family residential 22,814 - - - 22,814 Commercial real estate 127,781 892 292 - 128,965 Construction 7,512 - - - 7,512 Home equity 4,103 - - - 4,103 Commercial business 141,206 - - - 141,206 Other consumer 10 - - - 10 Total $ 349,195 $ 892 $ 780 $ - $ 350,867 December 31, 201 9 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 6,126 $ - $ 172 $ - $ 6,298 One-to-four family residential non-owner occupied 39,579 - 318 - 39,897 Multi-family residential 22,233 - - - 22,233 Commercial real estate 118,233 798 292 - 119,323 Construction 12,523 - - - 12,523 Home equity 3,726 - - - 3,726 Commercial business 45,745 - - - 45,745 Other consumer 22 - - - 22 Total $ 248,187 $ 798 $ 782 $ - $ 249,767
Impaired Financing Receivables [Table Text Block]	September 30 , 20 20 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 171 $ 178 $ - $ 171 $ - One-to-four family residential non-owner occupied 19 19 - 19 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 9 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - - - Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ 171 $ 178 $ - $ 171 $ - One-to-four family residential non-owner occupied 19 19 - 19 - Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 321 $ 328 $ - $ 321 $ 9 December 31, 201 9 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized With no related allowance recorded: One-to-four family residential owner occupied $ 172 $ 178 $ - $ 178 $ - One-to-four family residential non-owner occupied 19 19 - 225 13 Multi-family residential - - - - - Commercial real estate - - - - - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - With an allowance recorded: One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - - - Multi-family residential - - - - - Commercial real estate 132 132 4 133 12 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total: One-to-four family residential owner occupied $ 172 178 $ - $ 178 $ - One-to-four family residential non-owner occupied 19 19 - 225 13 Multi-family residential - - - - - Commercial real estate 132 132 4 133 12 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 323 $ 329 $ 4 $ 536 $ 25
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	September 30, 20 20 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1 19 19 - - Multi-family residential - - - - - Commercial real estate 1 131 - 131 - Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total 2 $ 150 $ 19 $ 131 $ - December 31, 201 9 Number of Contracts Recorded Investment Non-Accrual Accruing Related Allowance One-to-four family residential owner occupied - $ - $ - $ - $ - One-to-four family residential non-owner occupied 1 19 - 19 - Multi-family residential - - - - - Commercial real estate 1 132 - 132 4 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total 2 $ 151 $ - $ 151 $ 4
Contractual Aging of Troubled Debt Restructurings [Table Text Block]	September 30, 2020 Current Past Due 30-89 Days 90 Days or More Past Due Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - - - 19 19 Multi-family residential - - - - - Commercial real estate 131 - - - 131 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 131 $ - $ - $ 19 $ 150 December 31, 2019 Current Past Due 30-89 Days 90 Days or More Past Due Non-Accrual Total One-to-four family residential owner occupied $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied - 19 - - 19 Multi-family residential - - - - - Commercial real estate 132 - - - 132 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 132 $ 19 $ - $ - $ 151
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	September 30, 2020 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended September 30, 2020 Allowance for loan losses: Beginning balance $ 43 $ 399 $ 204 $ 1,229 $ 114 $ 25 $ 537 $ 100 $ 2,651 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision 4 9 47 93 (1 ) 2 (53 ) 100 201 Ending balance $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 For the Nine Months Ended September 30, 2020 Allowance for loan losses: Beginning balance $ 52 $ 351 $ 145 $ 854 $ 250 $ 19 $ 500 $ 60 $ 2,231 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (5 ) 57 106 468 (137 ) 8 (16 ) 140 621 Ending balance $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ 3 Collectively $ 47 $ 408 $ 251 $ 1,322 $ 113 $ 27 $ 484 $ 200 $ 2,852 Loans receivable: Ending balance: $ 5,385 $ 40,872 $ 22,814 $ 128,965 $ 7,512 $ 4,103 $ 141,216 $ 350,867 Ending balance evaluated for impairment: Individually $ 171 $ 19 $ - $ 131 $ - $ - $ - $ 321 Collectively $ 5,214 $ 40,853 $ 22,814 $ 128,834 $ 7,512 $ 4,103 $ 141,216 $ 350,546 September 30, 201 9 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi-Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total For the Three Months Ended September 30, 201 9 Allowance for loan losses: Beginning balance $ 49 $ 437 $ 153 $ 835 $ 180 $ 23 $ 370 $ 79 $ 2,126 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (1 ) (20 ) (3 ) - 89 (3 ) 74 21 157 Ending balance $ 48 $ 417 $ 150 $ 835 $ 269 $ 20 $ 444 $ 100 $ 2,283 For the Nine Months Ended September 30, 201 9 Allowance for loan losses: Beginning balance $ 51 $ 435 $ 156 $ 839 $ 175 $ 21 $ 247 $ 41 $ 1,965 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision (3 ) (18 ) (6 ) (4 ) 94 (1 ) 197 59 318 Ending balance $ 48 $ 417 $ 150 $ 835 $ 269 $ 20 $ 444 $ 100 $ 2,283 Ending balance evaluated for impairment: Individually $ - $ 50 $ - $ 4 $ - $ - $ - $ - $ 54 Collectively $ 48 $ 367 $ 150 $ 831 $ 269 $ 20 $ 444 $ 100 $ 2,229 December 31, 201 9 1-4 Family Residential Owner Occupied 1-4 Family Residential Non-Owner Occupied Multi- Family Residential Commercial Real Estate Construction Home Equity Commercial Business and Other Consumer Unallocated Total Allowance for loan losses: Beginning balance $ 51 $ 435 $ 156 $ 839 $ 175 $ 21 $ 247 $ 41 $ 1,965 Charge-offs - (37 ) - - - - - -- (37 ) Recoveries - - - - - - - -- - Provision 1 (47 ) (11 ) 15 75 (2 ) 253 19 303 Ending balance $ 52 $ 351 $ 145 $ 854 $ 250 $ 19 $ 500 $ 60 $ 2,231 Ending balance evaluated for impairment: Individually $ - $ - $ - $ 4 $ - $ - $ - $ - $ 4 Collectively $ 52 $ 351 $ 145 $ 850 $ 250 $ 19 $ 500 $ 60 $ 2,227 Loans receivable: Ending balance $ 6,298 $ 39,897 $ 22,233 $ 119,323 $ 12,523 $ 3,726 $ 45,767 $ 249,767 Ending balance evaluated for impairment: Individually $ 172 $ 19 $ - $ 132 $ - $ - $ - $ 323 Collectively $ 6,126 $ 39,878 $ 22,233 $ 119,191 $ 12,523 $ 3,726 $ 45,767 $ 249,444
Financing Receivable, Nonaccrual [Table Text Block]	September 30 , 20 20 December 31, 201 9 One-to-four family residential owner occupied $ 171 $ 172 One-to-four family residential non-owner occupied 19 - Multi-family residential - - Commercial real estate - - Construction - - Home equity - - Commercial business - - Other consumer - - Total $ 190 $ 172
Financing Receivable, Past Due [Table Text Block]	September 30 , 20 20 30- 89 Days Past Due 90 Days or M ore Pas t Due Total Past Due Current Total Loans Receivable Loans Receivable 90 Days or More Past Due and Accruing One-to-four family residential owner occupied $ 1,136 $ 171 $ 1,307 $ 4,078 $ 5,385 $ - One-to-four family residential non-owner occupied 156 19 175 40,697 40,872 - Multi-family residential 1,723 - 1,723 21,091 22,814 - Commercial real estate 3,970 892 4,862 124,103 128,965 892 Construction - - - 7,512 7,512 - Home equity 96 - 96 4,007 4,103 - Commercial business 145 - 145 141,061 141,206 - Other consumer - - - 10 10 - Total $ 7,226 $ 1,082 $ 8,308 $ 342,559 $ 350,867 $ 892 December 31, 20 19 30-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans Receivable Loans Receivable 90 Days or More Past Due and Accruing One-to-four family residential owner occupied $ 1,199 $ 172 $ 1,371 $ 4,927 $ 6,298 $ - One-to-four family residential non-owner occupied 1,069 - 1,069 38,828 39,897 - Multi-family residential - - - 22,233 22,233 - Commercial real estate 986 190 1,176 118,147 119,323 190 Construction 1,120 - 1,120 11,403 12,523 - Home equity - - - 3,726 3,726 - Commercial business 66 - 66 45,679 45,745 - Other consumer - - - 22 22 - Total $ 4,440 $ 362 $ 4,802 $ 244,965 $ 249,767 $ 190

Note 8 - Deposits (Tables)

Note 8 - Deposits (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Deposit Liabilities, Type [Table Text Block]	September 30, 20 20 December 31, 201 9 Non-interest bearing checking accounts $ 36,227 $ 15,775 Passbook accounts 7 5 Savings accounts 1,736 1,722 Money market accounts 60,630 25,504 Certificates of deposit 200,443 184,452 Total deposits $ 299,043 $ 227,458

Note 9 - Borrowings (Tables)

Note 9 - Borrowings (Tables)	9 Months Ended
	Sep. 30, 2020
Federal Home Loan Bank Advances [Member]
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 30 , 20 20 December 31, 201 9 Amount Weighted Interest Rate Amount Weighted Interest Short-term borrowings $ 4,000 0.39 % $ 10,000 1.81 % Fixed rate borrowings maturing: 2020 1,000 2.15 2,000 2.00 2021 5,000 2.20 5,000 2.20 2022 7,171 2.10 7,171 2.10 2023 7,000 2.16 7,000 2.16 2024 6,167 2.05 5,100 2.28 2025 2,855 1.25 - - Total FHLB long-term debt $ 29,193 2.04 % $ 26,271 2.16 %

Note 10 - Stock Compensation _2

Note 10 - Stock Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Share-based Payment Arrangement, Activity [Table Text Block]	September 30, 2020 September 30, 2019 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Gran t Date Fair Value Unvested at the beginning of the period 38,887 $ 13.30 48,608 $ 13.30 Granted - - - - Vested (9,421 ) 13.30 (9,721 ) 13.30 Forfeited (1,200 ) 13.30 - - Unvested at the end of the period 28,266 $ 13.30 38,887 $ 13.30
Share-based Payment Arrangement, Option, Activity [Table Text Block]	20 20 201 9 Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Outstanding at the beginning of the period 256,336 $ 10.87 6.0 279,836 $ 10.64 6.8 Granted - - - - - - Exercised (12,500 ) 8.10 - (23,500 ) 8.10 - Forfeited (3,200 ) 8.10 - - - - Outstanding at end of period 240,636 $ 10.94 5.5 256,336 $ 10.87 6.3 Exercisable at end of period 161,054 $ 9.84 5.0 147,027 $ 9.07 3.6
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Expected dividend yield 2.11 % Risk-free interest rate 2.96 % Expected life of options (in years) 6.5 Expected stock-price volatility 12.42 %

Note 11 - Fair Value Measurem_2

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	September 30, 20 20 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements Investment securities available for sale: Governmental National Mortgage Association mortgage-backed securities $ 5,163 $ - $ 5,163 $ - Federal National Mortgage Association mortgage- backed securities 200 - 200 - Corporate notes 5,587 - 5,587 - Total investment securities available for sale $ 10,950 $ - $ 10,950 $ - Total recurring fair value measurements $ 10,950 $ - $ 10,950 $ - Nonrecurring fair value measurements Impaired loans $ 321 $ - $ - $ 321 Other Real Estate Owned 389 - - 389 Total nonrecurring fair value measurements $ 710 $ - $ - $ 710 December 31, 2019 Fair Value Measurements Using: Total Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Recurring fair value measurements: Investment securities available for sale Governmental National Mortgage Association mortgage-backed securities $ 5,853 $ - $ 5,853 $ - Federal National Mortgage Association mortgage- backed securities 260 - 260 - Corporate notes 1,510 - 1,510 - Total investment securities available for sale $ 7,623 $ - $ 7,623 $ - Total recurring fair value measurements $ 7,623 $ - $ 7,623 $ - Nonrecurring fair value measurements Impaired loans $ 319 $ - $ - $ 319 Other Real Estate Owned 1,824 - - 1,824 Total nonrecurring fair value measurements $ 2,143 $ - $ - $ 2,143
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	September 30, 2020 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 321 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 0% (0%) Other real estate owned $ 389 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 12% (12%) December 31, 2019 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 319 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 3% (1%) Other real estate owned $ 1,824 Appraisal of collateral (1) Appraisal adjustments (2) 0% - 12% (12%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at September 30, 2020 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Investment in interest-earning time deposits $ 9,463 $ 9,781 $ - $ - $ 9,781 Loans held for sale 30,986 31,957 - 31,957 - Loans receivable, net 345,060 349,758 - - 349,758 Financial Liabilities Deposits 299,043 302,985 98,600 - 204,385 FHLB long-term borrowings 29,193 29,291 - - 29,291 FRB long-term borrowings 48,834 48,823 - - 48,823 Subordinated debt 7,890 8,014 - - 8,014 Fair Value Measurements at December 31, 2019 Carrying Amount Fair Value Estimate Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) Financial Assets Investment in interest-earning time deposits $ 10,172 $ 10,536 $ -- $ -- $ 10,536 Loans held for sale 8,928 9,205 -- 9,205 -- Loans receivable, net 246,692 250,550 -- -- 250,550 Financial Liabilities Deposits 227,458 230,521 43,006 -- 187,515 FHLB long-term borrowings 26,271 26,292 -- -- 26,292 Subordinated debt 7,865 8,146 -- -- 8,146

Note 12 - Operating Segments (T

Note 12 - Operating Segments (Tables)	9 Months Ended
	Sep. 30, 2020
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	As of or f or the Three Months Ended September 30 , 20 20 2 019 Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Net Interest Income $ 2,948 $ (82 ) $ 2,866 $ 2,225 $ (54 ) $ 2,171 Provision for Loan Losses 201 - 201 157 - 157 Net Interest Income after Provision for Loan Losses 2,747 (82 ) 2,665 2,068 (54 ) 2,014 Non-Interest Income Mortgage banking and title abstract fees 250 150 400 181 168 349 Real estate sales commissions, net 68 - 68 77 - 77 Insurance commissions 130 - 130 109 - 109 Other fees and services charges 144 - 144 (5 ) - (5 ) Income from bank-owned life insurance 20 - 20 21 - 21 Net gain on loans held for sale - 1,209 1,209 - 996 996 Net gain on sale of other real estate owned (110 ) - (110 ) - - - Gain on the sale of SBA loans 19 - 19 98 - 98 Total Non-Interest Income 521 1,359 1,880 481 1,164 1,645 Non-Interest Expense Salaries and employee benefits 1,761 384 2,145 1,485 291 1,776 Directors' fees and expenses 61 - 61 54 - 54 Occupancy and equipment 175 76 251 126 55 181 Data processing 119 58 177 92 29 121 Professional fees 95 17 112 96 12 108 FDIC deposit insurance assessment 38 - 38 - - - Other real estate owned expenses 11 - 11 12 - 12 Advertising 61 14 75 60 10 70 Amortization of other intangible 12 - 12 13 - 13 Other 248 11 259 185 15 200 Total Non-Interest Expense 2,581 560 3,141 2,123 412 2,535 Pretax Segment Profit $ 687 $ 717 $ 1,404 $ 426 $ 698 $ 1,124 Segment Assets $ 382,939 $ 39,364 $ 422,303 $ 270,502 $ 23,318 $ 293,820 As of or f or the Nine Months Ended September 30 , 20 20 201 9 Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Quaint Oak Bank (1) Quaint Oak Mortgage Consolidated Net Interest Income $ 7,935 $ (169 ) $ 7,766 $ 6,504 $ (98 ) $ 6,406 Provision for Loan Losses 621 - 621 318 - 318 Net Interest Income after Provision for Loan Losses 7,314 (169 ) 7,145 6,186 (98 ) 6,088 Non-Interest Income Mortgage banking and title abstract fees 602 443 1,045 442 377 819 Real estate sales commissions, net 131 - 131 128 - 128 Insurance commissions 347 - 347 307 - 307 Other fees and services charges 178 - 178 85 - 85 Income from bank-owned life insurance 59 - 59 60 - 60 Net gain on loans held for sale - 2,816 2,816 - 2,296 2,296 Net gain on sale of other real estate owned (92 ) - (92 ) - - - Gain on sale of SBA loans 71 - 71 238 - 238 Total Non-Interest Income 1,296 3,259 4,555 1,260 2,673 3,933 Non-Interest Expense Salaries and employee benefits 4,894 1,014 5,908 4,272 901 5,173 Directors' fees and expenses 175 - 175 167 - 167 Occupancy and equipment 461 212 673 354 161 515 Data processing 345 129 474 253 88 341 Professional fees 287 52 339 244 38 282 FDIC deposit insurance assessment 85 - 85 40 - 40 Other real estate owned expenses 34 - 34 23 - 23 Advertising 183 41 224 182 30 212 Amortization of other intangible 37 - 37 37 - 37 Other 672 42 714 538 41 579 Total Non-Interest Expense 7,173 1,490 8,663 6,110 1,259 7,369 Pretax Segment Profit $ 1,437 $ 1,600 $ 3,037 $ 1,336 $ 1,316 $ 2,652 Segment Assets $ 382,939 $ 39,364 $ 422,303 $ 270,502 $ 23,318 $ 293,820

Note 1 - Financial Statement _2

Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details Textual)	Aug. 01, 2016USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Number of Wholly-Owned Subsidiaries				5
Threshold for Loans to be Evaluated Annually, Minimum		$ 500,000		$ 500,000
Impairment of Federal Home Loan Bank Stock		$ 0	$ 0	$ 0	$ 0
Number of Properties, Other Real Estate		1		1		4
Mortgage Loans in Process of Foreclosure, Amount		$ 389,000		$ 389,000		$ 1,800,000
Payments to Develop Real Estate Assets				$ 268,000	319,000
Number of Properties Sold, Other Real Estate Owned				3
Other Real Estate, Disposals				$ 1,700,000
Gains (Losses) on Sales of Other Real Estate		$ (110,000)		$ (92,000)
Number of Share-Based Plans				3
Signature Insurance Services, LLC [Member]
Payments to Acquire Businesses, Gross	$ 1,000,000
Goodwill, Acquired During Period	515,000
Signature Insurance Services, LLC [Member] | Other Intangible Assets [Member]
Finite-lived Intangible Assets Acquired	$ 485,000
Finite-Lived Intangible Asset, Useful Life (Year)	10 years

Note 2 - Earnings Per Share - W

Note 2 - Earnings Per Share - Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Net Income	$ 1,008,000	$ 802,000	$ 2,171,000	$ 1,880,000
Weighted average shares outstanding – basic (in shares)	1,982,697	1,966,003	1,975,111	1,953,367
Effect of dilutive common stock equivalents (in shares)	28,118	45,572	35,537	46,427
Adjusted weighted average shares outstanding – diluted (in shares)	2,010,815	2,011,575	2,010,648	1,999,794
Basic earnings per share (in dollars per share)	$ 0.51	$ 0.41	$ 1.10	$ 0.96
Diluted earnings per share (in dollars per share)	$ 0.50	$ 0.40	$ 1.08	$ 0.94

Note 3 - Accumulated Other Co_3

Note 3 - Accumulated Other Comprehensive Income (Loss) - Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
BALANCE		$ 26,913	$ 24,828	$ 25,907	$ 23,836
BALANCE		27,857	25,548	27,857	25,548
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
BALANCE	[1]	6	15	20	(2)
Other comprehensive income before classifications	[1]	81	10	67	27
Amount reclassified from accumulated other comprehensive income	[1]
Total other comprehensive income	[1]	81	10	67	27
BALANCE	[1]	$ 87	$ 25	$ 87	$ 25
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

Note 4 - Investment in Intere_3

Note 4 - Investment in Interest-earning Time Deposits - Investment in Interest-earnings Time Deposits (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Due in one year or less	$ 3,712	$ 2,026
Due after one year through five years	5,751	8,146
Total	$ 9,463	$ 10,172

Note 5 - Investment Securitie_3

Note 5 - Investment Securities Available for Sale (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	1		1
Percentage of Aggregate Depreciation Held by Debt Securities	0.37%		0.37%
Other than Temporary Impairment Losses, Investments, Total	$ 0	$ 0	$ 0	$ 0

Note 5 - Investment Securitie_4

Note 5 - Investment Securities Available for Sale - Amortized Cost and Fair Value of Investment Securities Available for Sale (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Amortized cost	$ 10,840	$ 7,599
Gross unrealized gains	112	25
Gross unrealized losses	(2)	(1)
Fair value	10,950	7,623
Investment securities available for sale	10,950	7,623
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	5,333	6,099
Gross unrealized gains	30	15
Gross unrealized losses		(1)
Fair value	5,363	6,113
Investment securities available for sale	5,363	6,113
Corporate Debt Securities [Member]
Amortized cost	5,507	1,500
Gross unrealized gains	82	10
Gross unrealized losses	(2)
Fair value	5,587	1,510
Investment securities available for sale	5,587	1,510
Government National Mortgage Association (GNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	5,137	5,841
Gross unrealized gains	26	13
Gross unrealized losses		(1)
Fair value	5,163	5,853
Investment securities available for sale	5,163	5,853
Federal National Mortgage Association (FNMA) Insured Loans [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	196	258
Gross unrealized gains	4	2
Gross unrealized losses
Fair value	200	260
Investment securities available for sale	$ 200	$ 260

Note 5 - Investment Securitie_5

Note 5 - Investment Securities Available for Sale - Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Due after five years through ten years, amortized cost	$ 5,507
Due after five years through ten years, fair value	5,587
Due after ten years, amortized cost	5,333
Due after ten years, fair value	5,363
Total, amortized cost	10,840	$ 7,599
Total, fair value	$ 10,950	$ 7,623

Note 5 - Investment Securitie_6

Note 5 - Investment Securities Available for Sale - Gross Unrealized Losses and Fair Value (Details) $ in Thousands	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Number of securities	1
Fair value, less than twelve months	$ 505
Gross unrealized losses, less than twelve months	(2)
Fair value, twelve months or greater
Gross unrealized losses, twelve months or greater
Fair value	505
Gross unrealized losses	(2)
Gross unrealized losses, twelve months or greater
Corporate Debt Securities [Member]
Number of securities	1
Fair value, less than twelve months	$ 505
Gross unrealized losses, less than twelve months	(2)
Fair value, twelve months or greater
Gross unrealized losses, twelve months or greater
Fair value	505
Gross unrealized losses	(2)
Gross unrealized losses, twelve months or greater
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member]
Number of securities		4
Fair value, less than twelve months		$ 2,295
Gross unrealized losses, less than twelve months		(1)
Fair value, twelve months or greater
Gross unrealized losses, twelve months or greater
Fair value		2,295
Gross unrealized losses		(1)
Gross unrealized losses, twelve months or greater

Note 6 - Loans Receivable, Ne_3

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Details Textual)	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Troubled Debt Restructuring, Number of Contracts	2		2		2
Financing Receivable, Troubled Debt Restructuring	$ 150,000		$ 150,000		$ 151,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	0		0
Loans and Leases Receivable, Gross, Total	350,867,000		350,867,000		249,767,000
Impaired Financing Receivable, Interest Income, Cash Basis Method, Total	0	$ 0	0	$ 0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	4,000	$ 18,000	10,000	$ 27,000
Nonperforming Financial Instruments [Member]
Loans and Leases Receivable, Gross, Total	$ 1,100,000		$ 1,100,000		$ 362,000

Note 6 - Loans Receivable, Ne_4

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Composition of Net Loans Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Loans	$ 350,867		$ 249,767
Deferred loan fees and costs	(2,955)		(844)
Allowance for loan losses	(2,852)	$ (2,651)	(2,231)	$ (2,283)	$ (2,126)	$ (1,965)
Net Loans	345,060		246,692
Real Estate Portfolio Segment [Member]
Loans	209,651		204,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans	5,385		6,298
Allowance for loan losses	(47)	(43)	(52)	(48)	(49)	(51)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans	40,872		39,897
Allowance for loan losses	(408)	(399)	(351)	(417)	(437)	(435)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Loans [Member]
Loans	46,257		46,195
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans	22,814		22,233
Allowance for loan losses	(251)	(204)	(145)	(150)	(153)	(156)
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans	128,965		119,323
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	7,512		12,523
Allowance for loan losses	(113)	(114)	(250)	(269)	(180)	(175)
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans	4,103		3,726
Allowance for loan losses	(27)	$ (25)	(19)	$ (20)	$ (23)	$ (21)
Commercial Portfolio Segment [Member]
Loans	141,206		45,745
Consumer Portfolio Segment [Member]
Loans	$ 10		$ 22

Note 6 - Loans Receivable, Ne_5

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Loan Portfolio by Credit Rating (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans	$ 350,867	$ 249,767
Pass [Member]
Loans	349,195	248,187
Special Mention [Member]
Loans	892	798
Substandard [Member]
Loans	780	782
Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member]
Loans	209,651	204,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans	5,385	6,298
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Pass [Member]
Loans	5,214	6,126
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Special Mention [Member]
Loans
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Substandard [Member]
Loans	171	172
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans	40,872	39,897
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Pass [Member]
Loans	40,555	39,579
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Special Mention [Member]
Loans
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Substandard [Member]
Loans	317	318
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans	22,814	22,233
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Pass [Member]
Loans	22,814	22,233
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Special Mention [Member]
Loans
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Substandard [Member]
Loans
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans	128,965	119,323
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Pass [Member]
Loans	127,781	118,233
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Special Mention [Member]
Loans	892	798
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Substandard [Member]
Loans	292	292
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	7,512	12,523
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Loans	7,512	12,523
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Loans
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Loans
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Loans
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans	4,103	3,726
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Loans	4,103	3,726
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Loans
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Loans
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Doubtful [Member]
Loans
Commercial Portfolio Segment [Member]
Loans	141,206	45,745
Commercial Portfolio Segment [Member] | Pass [Member]
Loans	141,206	45,745
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans
Consumer Portfolio Segment [Member]
Loans	10	22
Consumer Portfolio Segment [Member] | Pass [Member]
Loans	10	22
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans

Note 6 - Loans Receivable, Ne_6

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Impaired Loans by Loan Portfolio Class (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Related allowance		$ 4
Recorded investment	321	323
Unpaid principal balance	328	329
Average recorded investment	321	536
Interest income recognized	9	25
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Recorded investment, with no related allowance recorded	171	172
Unpaid principal balance, with no related allowance recorded	178	178
Average recorded investment, with no related allowance recorded	171	178
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment	171	172
Unpaid principal balance	178	178
Average recorded investment	171	178
Interest income recognized
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Recorded investment, with no related allowance recorded	19	19
Unpaid principal balance, with no related allowance recorded	19	19
Average recorded investment, with no related allowance recorded	19	225
Interest income recognized, with no related allowance recorded		13
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment	19	19
Unpaid principal balance	19	19
Average recorded investment	19	225
Interest income recognized		13
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Recorded investment, with no related allowance recorded
Unpaid principal balance, with no related allowance recorded
Average recorded investment, with no related allowance recorded
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Recorded investment, with no related allowance recorded	131
Unpaid principal balance, with no related allowance recorded	131
Average recorded investment, with no related allowance recorded	131
Interest income recognized, with no related allowance recorded	9
Recorded investment, with an allowance recorded		132
Unpaid principal balance, with an allowance recorded		132
Related allowance		4
Average recorded investment, with an allowance recorded		133
Interest income recognized, with an allowance recorded		12
Recorded investment		132
Unpaid principal balance		132
Average recorded investment		133
Interest income recognized		12
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment, with no related allowance recorded
Unpaid principal balance, with no related allowance recorded
Average recorded investment, with no related allowance recorded
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Recorded investment, with no related allowance recorded
Unpaid principal balance, with no related allowance recorded
Average recorded investment, with no related allowance recorded
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance recorded
Unpaid principal balance, with no related allowance recorded
Average recorded investment, with no related allowance recorded
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance recorded
Unpaid principal balance, with no related allowance recorded
Average recorded investment, with no related allowance recorded
Interest income recognized, with no related allowance recorded
Recorded investment, with an allowance recorded
Unpaid principal balance, with an allowance recorded
Related allowance
Average recorded investment, with an allowance recorded
Interest income recognized, with an allowance recorded
Recorded investment
Unpaid principal balance
Average recorded investment
Interest income recognized

Note 6 - Loans Receivable, Ne_7

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Troubled Debt Restructuring Loans (Details)	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Troubled debt restructuring, number of contracts	2	2
Troubled debt restructuring, recorded investment	$ 150,000	$ 151,000
Troubled debt restructuring, related allowance		4,000
Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment	19,000
Accruing Instrument [Member]
Troubled debt restructuring, recorded investment	$ 131,000	$ 151,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Troubled debt restructuring, number of contracts	1	1
Troubled debt restructuring, recorded investment	$ 19,000	$ 19,000
Troubled debt restructuring, related allowance
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment	19,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment		$ 19,000
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Troubled debt restructuring, number of contracts	1	1
Troubled debt restructuring, recorded investment	$ 131,000	$ 132,000
Troubled debt restructuring, related allowance		4,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment	$ 131,000	$ 132,000
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment
Commercial Portfolio Segment [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Commercial Portfolio Segment [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Commercial Portfolio Segment [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment
Consumer Portfolio Segment [Member]
Troubled debt restructuring, number of contracts
Troubled debt restructuring, recorded investment
Troubled debt restructuring, related allowance
Consumer Portfolio Segment [Member] | Nonaccruing Instrument [Member]
Troubled debt restructuring, recorded investment
Consumer Portfolio Segment [Member] | Accruing Instrument [Member]
Troubled debt restructuring, recorded investment

Note 6 - Loans Receivable, Ne_8

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Contractual Aging of the TDRs (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Troubled debt restructurings, non-accrual	$ 19,000
Troubled debt restructuring, recorded investment	150,000	151,000
Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due	131,000	132,000
Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due		19,000
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Troubled debt restructurings, non-accrual	19,000
Troubled debt restructuring, recorded investment	19,000	19,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due		19,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment	131,000	132,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due	131,000	132,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Commercial Portfolio Segment [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Commercial Portfolio Segment [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due
Consumer Portfolio Segment [Member]
Troubled debt restructurings, non-accrual
Troubled debt restructuring, recorded investment
Consumer Portfolio Segment [Member] | Financial Asset, 1 to 29 Days Past Due [Member]
Troubled debt restructurings, past due
Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Troubled debt restructurings, past due
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Troubled debt restructurings, past due

Note 6 - Loans Receivable, Ne_9

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Changes in the Allowance for Loan Losses and Recorded Investment in Loans Receivable (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Allowance for loan losses, beginning balance	$ 2,651	$ 2,126	$ 2,231	$ 1,965	$ 1,965
Charge-offs					(37)
Recoveries
Provision	201	157	621	318	303
Ending balance	2,852	2,283	2,852	2,283	2,231
Allowance for loan losses, individually evaluated for impairment	3	54	3	54	4
Allowance for loan losses, collectively evaluated for impairment	2,852	2,229	2,852	2,229	2,227
Loans	350,867		350,867		249,767
Loans receivable, individually evaluated for impairment	321		321		323
Loans receivable, collectively evaluated for impairment	350,546		350,546		249,444
Real Estate Portfolio Segment [Member]
Loans	209,651		209,651		204,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	43	49	52	51	51
Charge-offs
Recoveries
Provision	4	(1)	(5)	(3)	1
Ending balance	47	48	47	48	52
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	47	48	47	48	52
Loans	5,385		5,385		6,298
Loans receivable, individually evaluated for impairment	171		171		172
Loans receivable, collectively evaluated for impairment	5,214		5,214		6,126
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	399	437	351	435	435
Charge-offs					(37)
Recoveries
Provision	9	(20)	57	(18)	(47)
Ending balance	408	417	408	417	351
Allowance for loan losses, individually evaluated for impairment		50		50
Allowance for loan losses, collectively evaluated for impairment	408	367	408	367	351
Loans	40,872		40,872		39,897
Loans receivable, individually evaluated for impairment	19		19		19
Loans receivable, collectively evaluated for impairment	40,853		40,853		39,878
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Allowance for loan losses, beginning balance	204	153	145	156	156
Charge-offs
Recoveries
Provision	47	(3)	106	(6)	(11)
Ending balance	251	150	251	150	145
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	251	150	251	150	145
Loans	22,814		22,814		22,233
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment	22,814		22,814		22,233
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Allowance for loan losses, beginning balance	1,229	835	854	839	839
Charge-offs
Recoveries
Provision	93		468	(4)	15
Ending balance	1,322	835	1,322	835	854
Allowance for loan losses, individually evaluated for impairment		4		4	4
Allowance for loan losses, collectively evaluated for impairment	1,322	831	1,322	831	850
Loans	128,965		128,965		119,323
Loans receivable, individually evaluated for impairment	131		131		132
Loans receivable, collectively evaluated for impairment	128,834		128,834		119,191
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for loan losses, beginning balance	114	180	250	175	175
Charge-offs
Recoveries
Provision	(1)	89	(137)	94	75
Ending balance	113	269	113	269	250
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	113	269	113	269	250
Loans	7,512		7,512		12,523
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment	7,512		7,512		12,523
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Allowance for loan losses, beginning balance	25	23	19	21	21
Charge-offs
Recoveries
Provision	2	(3)	8	(1)	(2)
Ending balance	27	20	27	20	19
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	27	20	27	20	19
Loans	4,103		4,103		3,726
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment	4,103		4,103		3,726
Commercial and Consumer Portfolio Segments [Member]
Allowance for loan losses, beginning balance	537	370	500	247	247
Charge-offs
Recoveries
Provision	(53)	74	(16)	197	253
Ending balance	484	444	484	444	500
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	484	444	484	444	500
Loans	141,216		141,216		45,767
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment	141,216		141,216		45,767
Unallocated Financing Receivables [Member]
Allowance for loan losses, beginning balance	100	79	60	41	41
Charge-offs
Recoveries
Provision	100	21	140	59	19
Ending balance	200	100	200	100	60
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	200	$ 100	200	$ 100	60
Loans
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment

Note 6 - Loans Receivable, N_10

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Non-accrual Loans by Class of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans	$ 190	$ 172
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans	171	172
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans	19
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans
Commercial Portfolio Segment [Member]
Loans
Consumer Portfolio Segment [Member]
Loans

Note 6 - Loans Receivable, N_11

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Loan Portfolio Summarized by Past Due Status (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Loans, past due	$ 8,308	$ 4,802
Loans, current	342,559	244,965
Loans	350,867	249,767
Loans > 90 days and accruing	892	190
The 30 to 89 Days Delinquent [Member]
Loans, past due	7,226	4,440
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due	1,082	362
Real Estate Portfolio Segment [Member]
Loans	209,651	204,000
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans, past due	1,307	1,371
Loans, current	4,078	4,927
Loans	5,385	6,298
Loans > 90 days and accruing
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	1,136	1,199
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due	171	172
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans, past due	175	1,069
Loans, current	40,697	38,828
Loans	40,872	39,897
Loans > 90 days and accruing
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	156	1,069
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due	19
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans, past due	1,723
Loans, current	21,091	22,233
Loans	22,814	22,233
Loans > 90 days and accruing
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	1,723
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans, past due	4,862	1,176
Loans, current	124,103	118,147
Loans	128,965	119,323
Loans > 90 days and accruing	892	190
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	3,970	986
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due	892	190
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans, past due		1,120
Loans, current	7,512	11,403
Loans	7,512	12,523
Loans > 90 days and accruing
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due		1,120
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans, past due	96
Loans, current	4,007	3,726
Loans	4,103	3,726
Loans > 90 days and accruing
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	96
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due
Commercial Portfolio Segment [Member]
Loans, past due	145	66
Loans, current	141,061	45,679
Loans	141,206	45,745
Loans > 90 days and accruing
Commercial Portfolio Segment [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due	145	66
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due
Consumer Portfolio Segment [Member]
Loans, past due
Loans, current	10	22
Loans	10	22
Loans > 90 days and accruing
Consumer Portfolio Segment [Member] | The 30 to 89 Days Delinquent [Member]
Loans, past due
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans, past due

Note 7 - Goodwill and Other I_2

Note 7 - Goodwill and Other Intangible, Net (Details Textual) - USD ($)	Aug. 01, 2016	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets, Net, Ending Balance		$ 283,000		$ 283,000		$ 319,000
Amortization of Intangible Assets, Total		12,000	$ 12,000	36,000	$ 36,000
Other Intangible Assets [Member]
Finite-Lived Intangible Assets, Net, Ending Balance		283,000		283,000
Finite-Lived Intangible Assets, Accumulated Amortization		$ 202,000		$ 202,000
Signature Insurance Services, LLC [Member]
Payments to Acquire Businesses, Gross	$ 1,000,000
Goodwill, Acquired During Period	515,000
Signature Insurance Services, LLC [Member] | Other Intangible Assets [Member]
Finite-lived Intangible Assets Acquired	$ 485,000
Finite-Lived Intangible Asset, Useful Life (Year)	10 years

Note 8 - Deposits - Summary of

Note 8 - Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Non-interest bearing checking accounts, amount	$ 36,227	$ 15,775
Money market accounts, amount	60,630	25,504
Certificates of deposit	200,443	184,452
Total deposits	299,043	227,458
Passbook Accounts [Member]
Interest-bearing deposits, amount	7	5
Savings Accounts [Member]
Interest-bearing deposits, amount	$ 1,736	$ 1,722

Note 9 - Borrowings (Details Te

Note 9 - Borrowings (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Long-term Federal Reserve Bank Advances	$ 48,834	$ 0

Note 9 - Borrowings - Federal H

Note 9 - Borrowings - Federal Home Loan Bank Long-term Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Short-term borrowings, amount	$ 4,000	$ 10,000
Short-term borrowings, weighted interest rate	0.39%	1.81%
2020, amount	$ 1,000
2020, weighted interest rate	2.15%
2020, amount	$ 5,000	$ 2,000
2020, weighted interest rate	2.20%	2.00%
2021, amount	$ 7,171	$ 5,000
2021, weighted interest rate	2.10%	2.20%
2022, amount	$ 7,000	$ 7,171
2022, weighted interest rate	2.16%	2.10%
2023, amount	$ 6,167	$ 7,000
2023, weighted interest rate	2.05%	2.16%
2024, amount	$ 2,855	$ 5,100
2024, weighted interest rate	1.25%	2.28%
2025, amount
2025, weighted interest rate
Total FHLB long-term debt, amount	$ 29,193	$ 26,271
Total FHLB long-term debt, weighted interest rate	2.04%	2.16%

Note 10 - Stock Compensation _3

Note 10 - Stock Compensation Plans (Details Textual) - USD ($)	1 Months Ended		3 Months Ended			9 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2013	Sep. 30, 2020	Sep. 30, 2019	Mar. 31, 2018	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2007	Dec. 31, 2019	Dec. 31, 2018	May 31, 2008
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 40,000	$ 46,000		$ 129,000	$ 136,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 1.75
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Expense, after Tax			11,000	11,000		33,000	33,000
Share-based Payment Arrangement, Expense, Tax Benefit			1,000	1,000		2,000	2,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 116,000			$ 116,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)						2 years 219 days
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)					10 years	10 years
Share-based Payment Arrangement, Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					5 years	5 years
The 2008 Recognition and Retention Plan [Member]
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased (in shares)		195,000
The 2013 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		195,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)						5 years
The 2013 Stock Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		48,750
Percentage of Shares May Be Granted As Restricted Stock Awards		25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			1,200			1,200
The 2013 Stock Incentive Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		146,250
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			3,200			3,200
The 2018 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	155,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)						5 years
Share-based Payment Arrangement, Expense, after Tax			$ 32,000	32,000		$ 97,000	97,000
Share-based Payment Arrangement, Expense, Tax Benefit			7,000	$ 7,000		20,000	$ 20,000
Share-based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 340,000			$ 340,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)						2 years 219 days
The 2018 Stock Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	38,750
Percentage of Shares May Be Granted As Restricted Stock Awards	25.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			11,750			11,750
The 2018 Stock Incentive Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	116,250
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			37,250			37,250
Stock Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)			28,266			28,266
The 2008 Stock Option Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)											277,726
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			0			0
The Option Plan and Stock Incentive Plan [Member] | Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)			240,636	256,336		240,636	256,336		256,336	279,836
Employee Stock Ownership Plan [Member]
Percentage of Company Shares Purchased by ESOP								8.00%
Employee Stock Ownership Plan (ESOP), Shares Contributed to ESOP (in shares)								222,180
ESOP Loan Interest Rate								7.75%
Employee Stock Ownership Plan (ESOP), Loan Term (Year)								15 years

Note 10 - Stock Compensation _4

Note 10 - Stock Compensation Plans - Status of Shares Under the RRP and Stock Incentive Plan (Details) - The RRP and Stock Incentive Plan [Member] - Restricted Stock [Member] - $ / shares	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Unvested at the beginning of the period (in shares)	38,887	48,608
Unvested at the beginning of the period, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30
Granted, number of shares (in shares)
Granted, weighted average grant date fair value (in dollars per share)
Vested, number of shares (in shares)	(9,421)	(9,721)
Vested, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30
Forfeited, number of shares (in shares)	(1,200)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 13.30
Unvested at the end of the period (in shares)	28,266	38,887
Unvested at the end of the period, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30

Note 10 - Stock Compensation _5

Note 10 - Stock Compensation Plans - Summary of Option Activity (Details) - Share-based Payment Arrangement, Option [Member] - The Option Plan and Stock Incentive Plan [Member] - $ / shares	9 Months Ended		12 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Outstanding at the beginning of the period (in shares)	256,336	279,836	279,836
Outstanding at the beginning of the period, weighted average exercise price (in dollars per share)	$ 10.87	$ 10.64	$ 10.64
Outstanding at the beginning of the period (Year)	5 years 182 days	6 years 109 days	6 years	6 years 292 days
Granted, number of shares (in shares)
Granted, weighted average exercise price (in dollars per share)
Granted, weighted average remaining contractual life (Year)
Exercised, number of shares (in shares)	(12,500)	(23,500)
Exercised, weighted average exercise price (in dollars per share)	$ 8.10	$ 8.10
Forfeited, number of shares (in shares)	(3,200)
Forfeited, weighted average exercise price (in dollars per share)	$ 8.10
Outstanding at end of period (in shares)	240,636	256,336	256,336	279,836
Outstanding at end of period, weighted average exercise price (in dollars per share)	$ 10.94	$ 10.87	$ 10.87	$ 10.64
Exercisable at end of period (in shares)	161,054	147,027
Exercisable at end of period, weighted average exercise price (in dollars per share)	$ 9.84	$ 9.07
Exercisable at end of period, weighted average remaining contractual life (Year)	5 years	3 years 219 days

Note 10 - Stock Compensation _6

Note 10 - Stock Compensation Plans - Fair Value Assumptions (Details)	9 Months Ended
	Sep. 30, 2020
Expected dividend yield	2.11%
Risk-free interest rate	2.96%
Expected life of options (Year)	6 years 182 days
Expected stock-price volatility	12.42%

Note 11 - Fair Value Measurem_3

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments - Financial Assets and Liabilities on a Recurring and Nonrecurring (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Investment securities available for sale	$ 10,950	$ 7,623
Fair Value, Recurring [Member]
Investment securities available for sale	10,950	7,623
Total fair value measurements	10,950	7,623
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Total fair value measurements
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	10,950	7,623
Total fair value measurements	10,950	7,623
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
Total fair value measurements
Fair Value, Nonrecurring [Member]
Total fair value measurements	710	2,143
Impaired loans	321	319
Other Real Estate Owned	389	1,824
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total fair value measurements
Impaired loans
Other Real Estate Owned
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total fair value measurements
Impaired loans
Other Real Estate Owned
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total fair value measurements	710	2,143
Impaired loans	321	319
Other Real Estate Owned	389	1,824
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Investment securities available for sale	5,363	6,113
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member]
Investment securities available for sale	5,163	5,853
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member] | Fair Value, Recurring [Member]
Investment securities available for sale	5,163	5,853
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	5,163	5,853
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) Insured Loans [Member]
Investment securities available for sale	200	260
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) Insured Loans [Member] | Fair Value, Recurring [Member]
Investment securities available for sale	200	260
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	200	260
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) Insured Loans [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale
Corporate Debt Securities [Member]
Investment securities available for sale	5,587	1,510
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Investment securities available for sale	5,587	1,510
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	5,587	1,510
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale

Note 11 - Fair Value Measurem_4

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments - Additional Quantitative Information About Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Appraisal of Collateral [Member] - Fair Value, Inputs, Level 3 [Member] - Meaurement Input, Appraisal Adjustments Rate [Member] $ in Thousands	Sep. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Impaired loans, fair value	$ 321	$ 319
Other real estate owned, fair value	$ 389	$ 1,824
Minimum [Member] | Impaired Loans [Member]
Unobservable input, range	0	0
Minimum [Member] | Other Real Estate Owned [Member]
Unobservable input, range	0	0
Maximum [Member] | Impaired Loans [Member]
Unobservable input, range	0	0.03
Maximum [Member] | Other Real Estate Owned [Member]
Unobservable input, range	0.12	0.12
Weighted Average [Member] | Impaired Loans [Member]
Unobservable input, range	0	0.01
Weighted Average [Member] | Other Real Estate Owned [Member]
Unobservable input, range	0.12	0.12

Note 11 - Fair Value Measurem_5

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments - Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Investment in interest-earning time deposits		$ 10,536
Reported Value Measurement [Member]
Investment in interest-earning time deposits	$ 9,463	10,172
Loans held for sale	30,986	8,928
Loans receivable, net	345,060	246,692
Deposits	299,043	227,458
FHLB long-term borrowings	29,193	26,271
FRB long-term borrowings	48,834
Subordinated debt	7,890	7,865
Estimate of Fair Value Measurement [Member]
Investment in interest-earning time deposits	9,781
Loans held for sale	31,957	9,205
Loans receivable, net	349,758	250,550
Deposits	302,985	230,521
FHLB long-term borrowings	29,291	26,292
FRB long-term borrowings	48,823
Subordinated debt	8,014	8,146
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Investment in interest-earning time deposits
Loans held for sale
Loans receivable, net
Deposits	98,600	43,006
FHLB long-term borrowings
FRB long-term borrowings
Subordinated debt
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Investment in interest-earning time deposits
Loans held for sale	31,957	9,205
Loans receivable, net
Deposits
FHLB long-term borrowings
FRB long-term borrowings
Subordinated debt
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Investment in interest-earning time deposits	9,781	10,536
Loans held for sale
Loans receivable, net	349,758	250,550
Deposits	204,385	187,515
FHLB long-term borrowings	29,291	26,292
FRB long-term borrowings	48,823
Subordinated debt	$ 8,014	$ 8,146

Note 12 - Operating Segments (D

Note 12 - Operating Segments (Details Textual)	9 Months Ended
	Sep. 30, 2020
Number of Reportable Segments	2

Note 12 - Operating Segments -

Note 12 - Operating Segments - Summary of Financial Information for the Reportable Segments (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Net Interest Income		$ 2,866,000	$ 2,171,000	$ 7,766,000	$ 6,406,000
Provision for Loan Losses		201,000	157,000	621,000	318,000
Net Interest Income after Provision for Loan Losses		2,665,000	2,014,000	7,145,000	6,088,000
Insurance commissions		130,000	109,000	347,000	307,000
Income from bank-owned life insurance		20,000	21,000	59,000	60,000
Net gain on loans held for sale		1,209,000	996,000	2,816,000	2,296,000
Gains (Losses) on Sales of Other Real Estate		(110,000)		(92,000)
Gain on the sale of SBA loans		19,000	98,000	71,000	238,000
Total Non-Interest Income		1,880,000	1,645,000	4,555,000	3,933,000
Salaries and employee benefits		2,145,000	1,776,000	5,908,000	5,173,000
Directors’ fees and expenses		61,000	54,000	175,000	167,000
Occupancy and equipment		251,000	181,000	673,000	515,000
Data processing		177,000	121,000	474,000	341,000
Professional fees		112,000	108,000	339,000	282,000
FDIC deposit insurance assessment		38,000		85,000	40,000
Other real estate owned expenses		11,000	12,000	34,000	23,000
Advertising		75,000	70,000	224,000	212,000
Amortization of Intangible Assets, Total		12,000	12,000	36,000	36,000
Other		259,000	200,000	714,000	579,000
Total Non-Interest Expense		3,141,000	2,535,000	8,663,000	7,369,000
Pretax Segment Profit		1,404,000	1,124,000	3,037,000	2,652,000
Segment Assets		422,303,000	293,820,000	422,303,000	293,820,000	$ 302,540,000
Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		400,000	349,000	1,045,000	819,000
Real Estate Sales Commissions [Member]
Non-interest revenue		68,000	77,000	131,000	128,000
Other Fees and Services Fees [Member]
Non-interest revenue		144,000	(5,000)	178,000	85,000
Quaint Oak Bank [Member]
Net Interest Income	[1]	2,948,000	2,225,000	7,935,000	6,504,000
Provision for Loan Losses	[1]	201,000	157,000	621,000	318,000
Net Interest Income after Provision for Loan Losses	[1]	2,747,000	2,068,000	7,314,000	6,186,000
Insurance commissions	[1]	130,000	109,000	347,000	307,000
Income from bank-owned life insurance	[1]	20,000	21,000	59,000	60,000
Net gain on loans held for sale	[1]
Gains (Losses) on Sales of Other Real Estate	[1]	(110,000)		(92,000)
Gain on the sale of SBA loans	[1]	19,000	98,000	71,000	238,000
Total Non-Interest Income	[1]	521,000	481,000	1,296,000	1,260,000
Salaries and employee benefits	[1]	1,761,000	1,485,000	4,894,000	4,272,000
Directors’ fees and expenses	[1]	61,000	54,000	175,000	167,000
Occupancy and equipment	[1]	175,000	126,000	461,000	354,000
Data processing	[1]	119,000	92,000	345,000	253,000
Professional fees	[1]	95,000	96,000	287,000	244,000
FDIC deposit insurance assessment	[1]	38,000		85,000	40,000
Other real estate owned expenses	[1]	11,000	12,000	34,000	23,000
Advertising	[1]	61,000	60,000	183,000	182,000
Amortization of Intangible Assets, Total	[1]	12,000	13,000	37,000	37,000
Other	[1]	248,000	185,000	672,000	538,000
Total Non-Interest Expense	[1]	2,581,000	2,123,000	7,173,000	6,110,000
Pretax Segment Profit	[1]	687,000	426,000	1,437,000	1,336,000
Segment Assets	[1]	382,939,000	270,502,000	382,939,000	270,502,000
Quaint Oak Bank [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue	[1]	250,000	181,000	602,000	442,000
Quaint Oak Bank [Member] | Real Estate Sales Commissions [Member]
Non-interest revenue	[1]	68,000	77,000	131,000	128,000
Quaint Oak Bank [Member] | Other Fees and Services Fees [Member]
Non-interest revenue	[1]	144,000	(5,000)	178,000	85,000
Quaint Oak Bank, Mortgage [Member]
Net Interest Income		(82,000)	(54,000)	(169,000)	(98,000)
Provision for Loan Losses
Net Interest Income after Provision for Loan Losses		(82,000)	(54,000)	(169,000)	(98,000)
Insurance commissions
Income from bank-owned life insurance
Net gain on loans held for sale		1,209,000	996,000	2,816,000	2,296,000
Gains (Losses) on Sales of Other Real Estate
Gain on the sale of SBA loans
Total Non-Interest Income		1,359,000	1,164,000	3,259,000	2,673,000
Salaries and employee benefits		384,000	291,000	1,014,000	901,000
Directors’ fees and expenses
Occupancy and equipment		76,000	55,000	212,000	161,000
Data processing		58,000	29,000	129,000	88,000
Professional fees		17,000	12,000	52,000	38,000
FDIC deposit insurance assessment
Other real estate owned expenses
Advertising		14,000	10,000	41,000	30,000
Amortization of Intangible Assets, Total
Other		11,000	15,000	42,000	41,000
Total Non-Interest Expense		560,000	412,000	1,490,000	1,259,000
Pretax Segment Profit		717,000	698,000	1,600,000	1,316,000
Segment Assets		39,364,000	23,318,000	39,364,000	23,318,000
Quaint Oak Bank, Mortgage [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		150,000	168,000	443,000	377,000
Quaint Oak Bank, Mortgage [Member] | Real Estate Sales Commissions [Member]
Non-interest revenue
Quaint Oak Bank, Mortgage [Member] | Other Fees and Services Fees [Member]
Non-interest revenue
[1]	Includes Quaint Oak Bancorp, Inc. and the Bank's Subsidiaries, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, and QOB Properties.