Quaint Oak Bancorp (QNTO) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 09, 2022
Document Information [Line Items]
Entity Central Index Key	0001391933
Entity Registrant Name	QUAINT OAK BANCORP INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	000-52694
Entity Incorporation, State or Country Code	PA
Entity Tax Identification Number	35-2293957
Entity Address, Address Line One	501 Knowles Avenue
Entity Address, City or Town	Southampton
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18966
City Area Code	215
Local Phone Number	364-4059
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,053,527

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Assets
Due from banks, non-interest-bearing	$ 830,000	$ 854,000
Due from banks, interest-bearing	7,509,000	9,851,000
Cash and cash equivalents	8,339,000	10,705,000
Investment in interest-earning time deposits	5,569,000	7,924,000
Investment securities available for sale	3,193,000	4,033,000
Loans held for sale	88,400,000	107,823,000
Loans receivable, net of allowance for loan losses (2022 $7,141; 2021 $5,262)	579,154,000	403,966,000
Accrued interest receivable	3,658,000	3,139,000
Investment in Federal Home Loan Bank stock, at cost	3,953,000	2,178,000
Bank-owned life insurance	4,203,000	4,137,000
Premises and equipment, net	2,916,000	2,653,000
Goodwill	2,573,000	2,573,000
Other intangible, net of accumulated amortization	186,000	222,000
Prepaid expenses and other assets	5,116,000	4,762,000
Total Assets	707,260,000	554,115,000
Liabilities
Non-interest bearing	79,825,000	64,731,000
Interest-bearing	467,289,000	382,435,000
Total deposits	547,114,000	447,166,000
Federal Home Loan Bank short-term borrowings	10,000,000	26,000,000
Federal Home Loan Bank long-term borrowings	83,022,000	23,193,000
Federal Reserve Bank long-term borrowings	0	3,895,000
Subordinated debt	7,958,000	7,933,000
Accrued interest payable	412,000	174,000
Advances from borrowers for taxes and insurance	3,612,000	2,856,000
Accrued expenses and other liabilities	9,532,000	5,989,000
Total Liabilities	661,650,000	517,206,000
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; 2,053,554 and 2,011,313 outstanding at September 30, 2022 and December 31, 2021, respectively	28,000	28,000
Additional paid-in capital	16,024,000	15,685,000
Treasury stock, at cost: 723,696 and 765,937 shares at September 30, 2022 and December 31, 2021, respectively	(4,748,000)	(4,977,000)
Accumulated other comprehensive (loss) income	(19,000)	23,000
Retained earnings	29,933,000	24,030,000
Total Quaint Oak Bancorp, Inc. Stockholders' Equity	41,218,000	34,789,000
Noncontrolling Interest	4,392,000	2,120,000
Total Stockholders' Equity	45,610,000	36,909,000
Total Liabilities and Stockholders’ Equity	$ 707,260,000	$ 554,115,000

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Loans receivable, allowance for loan losses	$ 7,141	$ 5,262
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)	2,053,554	2,011,313
Treasury stock, at cost, shares (in shares)	723,696	765,937

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest Income
Interest on loans, including fees	$ 8,671,000	$ 5,944,000	$ 22,171,000	$ 16,422,000
Interest and dividends on time deposits, investment securities, interest-bearing deposits with others, and Federal Home Loan Bank stock	325,000	73,000	506,000	327,000
Total Interest Income	8,996,000	6,017,000	22,677,000	16,749,000
Interest Expense
Interest on deposits	1,672,000	702,000	3,199,000	2,370,000
Interest on Federal Home Loan Bank short-term borrowings	58,000	8,000	133,000	14,000
Interest on Federal Home Loan Bank long-term borrowings	457,000	124,000	958,000	392,000
Interest on Federal Reserve Bank long-term borrowings	0	8,000	4,000	77,000
Interest on subordinated debt	130,000	130,000	390,000	390,000
Interest on other short-term borrowings	22,000	31,000	49,000	127,000
Total Interest Expense	2,339,000	1,003,000	4,733,000	3,370,000
Net Interest Income	6,657,000	5,014,000	17,944,000	13,379,000
Provision for Loan Losses	655,000	557,000	1,933,000	1,259,000
Net Interest Income after Provision for Loan Losses	6,002,000	4,457,000	16,011,000	12,120,000
Non-Interest Income
Insurance commissions	152,000	133,000	407,000	373,000
Income from bank-owned life insurance	23,000	21,000	66,000	61,000
Net gain on loans held for sale	4,281,000	1,866,000	11,349,000	4,416,000
Gain on the sale of SBA loans	58,000	369,000	225,000	636,000
Unrealized losses on investment securities available for sale	0	0	0	362,000
Total Non-Interest Income	5,973,000	3,585,000	15,814,000	8,885,000
Non-Interest Expense
Salaries and employee benefits	5,335,000	4,100,000	14,817,000	10,939,000
Directors' fees and expenses	67,000	58,000	210,000	186,000
Occupancy and equipment	477,000	379,000	1,363,000	1,143,000
Data processing	140,000	234,000	500,000	641,000
Professional fees	257,000	107,000	669,000	488,000
FDIC deposit insurance assessment	225,000	97,000	454,000	221,000
Other real estate owned expenses	0	2,000	0	14,000
Advertising	169,000	110,000	531,000	337,000
Amortization of other intangible	12,000	12,000	36,000	36,000
Other	636,000	326,000	1,509,000	974,000
Total Non-Interest Expense	7,318,000	5,425,000	20,089,000	14,979,000
Income before Income Taxes	4,657,000	2,617,000	11,736,000	6,026,000
Income Tax Expense (Benefit), Total	1,012,000	702,000	2,531,000	1,693,000
Net Income	3,645,000	1,915,000	9,205,000	4,333,000
Net Income Attributable to Noncontrolling Interest	1,010,000	133,000	2,551,000	12,000
Net Income Attributable to Quaint Oak Bancorp, Inc.	$ 2,635,000	$ 1,782,000	$ 6,654,000	$ 4,321,000
Earnings per share - basic (in dollars per share)	$ 1.29	$ 0.89	$ 3.27	$ 2.17
Average shares outstanding - basic (in shares)	2,050,650	2,002,816	2,034,153	1,991,336
Earnings per share - diluted (in dollars per share)	$ 1.22	$ 0.85	$ 3.09	$ 2.07
Average shares outstanding - diluted (in shares)	2,168,732	2,100,026	2,150,944	2,085,286
Mortgage Banking and Abstract Fees [Member]
Non-Interest Income
Non-interest revenue	$ 760,000	$ 604,000	$ 2,221,000	$ 1,657,000
Real Estate Sales Commissions [Member]
Non-Interest Income
Non-interest revenue	88,000	79,000	213,000	143,000
Other Fees and Services Fees [Member]
Non-Interest Income
Non-interest revenue	131,000	38,000	379,000	211,000
Loan Servicing Fee [Member]
Non-Interest Income
Non-interest revenue	$ 480,000	$ 475,000	$ 954,000	$ 1,026,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Income	$ 3,645	$ 1,915	$ 9,205	$ 4,333
Other Comprehensive Income (Loss):
Unrealized gains (losses) on investment securities available-for-sale	(1)	0	(54)	257
Income tax effect	0	0	12	(55)
Reclassification adjustment for gain on sale of investment securities included in net income	0	0	0	(362)
Income tax effect	0	0	0	76
Total other comprehensive loss	(1)	0	(42)	(84)
Total Comprehensive Income	3,644	1,915	9,163	4,249
Comprehensive Income Attributable to Noncontrolling Interest	1,010	133	2,551	12
Comprehensive Income Attributable to Quaint Oak Bancorp, Inc.	$ 2,634	$ 1,782	$ 6,612	$ 4,237

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)	Common Stock Outstanding [Member] Stock Incentive Plans [Member]	Common Stock Outstanding [Member] The 401(k) Plan [Member]	Common Stock Outstanding [Member] The 2008 Stock Option Plan [Member]	Common Stock Outstanding [Member]	Additional Paid-in Capital [Member] Stock Incentive Plans [Member]	Additional Paid-in Capital [Member] The 401(k) Plan [Member]	Additional Paid-in Capital [Member] The 2008 Stock Option Plan [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member] Stock Incentive Plans [Member]	Treasury Stock [Member] The 401(k) Plan [Member]	Treasury Stock [Member] The 2008 Stock Option Plan [Member]	Treasury Stock [Member]	Unallocated Common Stock Held by Benefit Plans [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Stock Incentive Plans [Member]	The 401(k) Plan [Member]	The 2008 Stock Option Plan [Member]	Total
Balance (in shares) at Dec. 31, 2020				1,986,528
Balance at Dec. 31, 2020				$ 28,000				$ 15,282,000				$ (5,114,000)	$ (51,000)	$ 118,000	$ 18,465,000	$ 0				$ 28,728,000
Common stock allocated by ESOP (in shares)																				10,821
Common stock allocated by ESOP								136,000												$ 187,000
Treasury stock purchase (in shares)				(1,398)
Treasury stock purchase												(25,000)								(25,000)
Reissuance of treasury stock					$ (58,000)	$ 35,000	$ 40,000		$ 58,000	$ 18,000	$ 47,000							$ 53,000	$ 87,000
Reissuance of treasury stock (in shares)	9,421	3,044	7,500
Stock based compensation expense								126,000												126,000
Cash dividends declared, per share															(618,000)					(618,000)
Net income															4,321,000	12,000				4,333,000
Other comprehensive loss, net														(84,000)						(84,000)
Noncontrolling interest initial contribution																2,236,000				2,236
Balance (in shares) at Sep. 30, 2021				2,005,095
Balance at Sep. 30, 2021				$ 28,000				15,561,000				(5,016,000)	0	34,000	22,168,000	2,248,000				35,023,000
Balance (in shares) at Jun. 30, 2021				2,004,015
Balance at Jun. 30, 2021				$ 28,000				15,457,000				(5,022,000)	(17,000)	34,000	20,606,000	2,115,000				$ 33,201,000
Common stock allocated by ESOP (in shares)																				3,607
Common stock allocated by ESOP								48,000					17,000							$ 65,000
Reissuance of treasury stock						14,000				6,000								20,000
Reissuance of treasury stock (in shares)		1,080
Stock based compensation expense								42,000												42,000
Cash dividends declared, per share															(220,000)					(220,000)
Net income															1,782,000	133,000				1,915,000
Other comprehensive loss, net																				0
Balance (in shares) at Sep. 30, 2021				2,005,095
Balance at Sep. 30, 2021				$ 28,000				15,561,000				(5,016,000)	$ 0	34,000	22,168,000	2,248,000				$ 35,023,000
Balance (in shares) at Dec. 31, 2021				2,011,313																2,011,313
Balance at Dec. 31, 2021				$ 28,000				15,685,000				(4,977,000)		23,000	24,030,000	2,120,000				$ 36,909,000
Common stock allocated by ESOP (in shares)				12,000																12,000
Common stock allocated by ESOP								184,000				75,000								$ 259,000
Treasury stock purchase (in shares)				(1,969)
Treasury stock purchase												(46,000)								(46,000)
Reissuance of treasury stock					$ (57,000)	35,000	51,000		$ 57,000	13,000	130,000							48,000	181,000
Reissuance of treasury stock (in shares)	9,123	2,087	21,000
Stock based compensation expense								126,000												126,000
Cash dividends declared, per share															(751,000)					(751,000)
Noncontrolling interest member distribution																(279,000)				(279,000)
Net income															6,654,000	2,551,000				9,205,000
Other comprehensive loss, net														(42,000)						$ (42,000)
Balance (in shares) at Sep. 30, 2022				2,053,554																2,053,554
Balance at Sep. 30, 2022				$ 28,000				16,024,000				(4,748,000)		(19,000)	29,933,000	4,392,000				$ 45,610,000
Balance (in shares) at Jun. 30, 2022				2,045,721
Balance at Jun. 30, 2022				$ 28,000				15,904,000				(4,784,000)		(18,000)	27,564,000	3,485,000				$ 42,179,000
Common stock allocated by ESOP (in shares)				4,000																4,000
Common stock allocated by ESOP								59,000				25,000								$ 84,000
Treasury stock purchase (in shares)				(760)
Treasury stock purchase												(18,000)								(18,000)
Reissuance of treasury stock						$ 11,000	$ 8,000			$ 4,000	$ 25,000						$ 0	$ 15,000	$ 33,000
Reissuance of treasury stock (in shares)		593	4,000
Stock based compensation expense								42,000												42,000
Cash dividends declared, per share															(266,000)					(266,000)
Noncontrolling interest member distribution																(103,000)				(103,000)
Net income															2,635,000	1,010,000				3,645,000
Other comprehensive loss, net														(1,000)						$ (1,000)
Balance (in shares) at Sep. 30, 2022				2,053,554																2,053,554
Balance at Sep. 30, 2022				$ 28,000				$ 16,024,000				$ (4,748,000)		$ (19,000)	$ 29,933,000	$ 4,392,000				$ 45,610,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Common stock allocated by ESOP (in shares)	4,000	3,607	12,000	10,821
Cash dividends declared, per share (in dollars per share)	$ 0.13	$ 0.11	$ 0.37	$ 0.31

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash Flows from Operating Activities
Net income	$ 9,205,000	$ 4,333,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses	1,933,000	1,259,000
Depreciation of premises and equipment	244,000	228,000
Amortization of operating right-of-use assets	151,000	122,000
Amortization of subordinated debt issuance costs	25,000	25,000
Amortization of other intangible	36,000	36,000
Net amortization of securities premiums	0	6,000
Accretion of deferred loan fees and costs, net	(1,629,000)	(3,482,000)
Stock-based compensation expense	385,000	313,000
Gain on the sale of investment securities available for sale	0	(362,000)
Net gain on loans held for sale	(11,349,000)	(4,416,000)
Loans held for sale-originations	(377,608,000)	(276,705,000)
Loans held for sale-proceeds	408,381,000	238,398,000
Gain on the sale of SBA loans	(225,000)	(636,000)
Increase in the cash surrender value of bank-owned life insurance	(66,000)	(61,000)
Changes in assets and liabilities which provided (used) cash:
Accrued interest receivable	(519,000)	(284,000)
Prepaid expenses and other assets	(493,000)	1,093,000
Accrued interest payable	238,000	(52,000)
Accrued expenses and other liabilities	3,540,000	(224,000)
Net Cash Provided by (Used in) Operating Activities	32,249,000	(40,409,000)
Cash Flows from Investing Activities
Purchase of interest-earning time deposits	(2,132,000)	(2,141,000)
Redemption of interest-earning time deposits	4,487,000	3,712,000
Principal repayments on investment securities available for sale	787,000	801,000
Proceeds from the sale of investment securities available for sale	0	5,862,000
Net increase in loans receivable	(175,266,000)	(21,335,000)
Purchase of Federal Home Loan Bank stock	(8,331,000)	(913,000)
Redemption of Federal Home Loan Bank stock	6,556,000	560,000
Acquisition of Oakmont Capital Holdings, net of cash acquired	0	1,259,000
Capitalized expenditures on other real estate owned	0	(203,000)
Purchase of premises and equipment	(507,000)	(400,000)
Net Cash Used in Investing Activities	(174,406,000)	(12,798,000)
Cash Flows from Financing Activities
Net increase in demand deposits, money markets, and savings accounts	103,630,000	111,258,000
Net decrease in certificate accounts	(3,682,000)	(30,596,000)
Increase (decrease) in advances from borrowers for taxes and insurance	756,000	(423,000)
Repayments of Federal Home Loan Bank short-term borrowings	(131,300,000)	(10,000,000)
Proceeds from Federal Home Loan Bank short-term borrowings	115,300,000	21,000,000
Repayments of Federal Home Loan Bank long-term borrowings	(20,171,000)	(4,000,000)
Proceeds from Federal Home Loan Bank long-term borrowings	80,000,000	0
Repayments of Federal Reserve Bank long-term borrowings	(3,895,000)	(43,170,000)
Repayments of other borrowings	0	(9,956,000)
Dividends paid	(751,000)	(618,000)
Noncontrolling interest capital distribution	(279,000)	0
Purchase of treasury stock	(46,000)	(25,000)
Proceeds from the reissuance of treasury stock	48,000	53,000
Proceeds from the exercise of stock options	181,000	87,000
Net Cash Provided by Financing Activities	139,791,000	33,610,000
Net Decrease in Cash and Cash Equivalents	(2,366,000)	(19,597,000)
Cash and Cash Equivalents – Beginning of Year	10,705,000	33,913,000
Cash and Cash Equivalents – End of Year	8,339,000	14,316,000
Supplementary Disclosure of Cash Flow and Non-Cash Information:
Cash payments for interest	4,496,000	3,348,000
Cash payments for income taxes	2,892,000	2,405,000
Initial recognition of operating lease right-of use assets	560,000	670,000
Initial recognition of operating lease obligations	$ 502,000	$ 670,000

Note 1 - Financial Statement Pr

Note 1 - Financial Statement Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1 Financial Statement Presentation and Significant Accounting Policies Basis of Financial Presentation. September 30, 2022, six July 2009. February, 2019, July 2012 August 2016 October 2021 April 29, 2022, January 4, 2021, second 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, 2021 2021 10 nine September 30, 2022 not may December 31, 2022. Use of Estimates in the Preparation of Financial Statements. Critical Accounting Policies. September 30, 2022 10 Recent Accounting Pronouncements Not June 2016, 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13 December 15, 2022, December 15, 2018. first one first The Company has contracted with a third may In November 2019, 2019 10, Financial Instruments Credit Losses (Topic 326 815 842 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, 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, Financial Services Insurance, December 15, 2021, December 15, 2023, December 15, 2024. 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 Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020, not not one December 31, 2022. In January 2021, 2021 01, Reference Rate Reform (Topic 848 848. 2021 01 848. 2021 01 may March 12, 2020, not December 31, 2022, December 31, 2022, December 31, 2022, In March 2022, 2022 02, Financial Instruments - Credit Losses (ASC 326 326 326 2016 13 December 15, 2022. Reclassifications. 2021 2022 not no

Note 2 - Earnings Per Share

Note 2 - Earnings Per Share	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 2 Earnings Per Share Earnings per share (“EPS”) consists of two two not three nine September 30, 2022 2021, 2008 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, 2022 2021 2022 2021 Net Income Attributable to Quaint Oak Bancorp, Inc. $ 2,635,000 $ 1,782,000 $ 6,654,000 $ 4,321,000 Weighted average shares outstanding – basic 2,050,650 2,002,816 2,034,153 1,991,336 Effect of dilutive common stock equivalents 118,082 97,211 116,791 93,950 Adjusted weighted average shares outstanding – diluted 2,168,732 2,100,026 2,150,944 2,085,286 Basic earnings per share $ 1.29 $ 0.89 $ 3.27 $ 2.17 Diluted earnings per share $ 1.22 $ 0.85 $ 3.09 $ 2.07

Note 3 - Accumulated Other Comp

Note 3 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2022
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, 2022 2021 Unrealized Gains (Losses) on Investment Securities Available for Sale (1) For the Three Months Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Balance at the beginning of the period $ (18 ) $ 34 $ 23 $ 118 Other comprehensive income (loss) before classifications (1 ) - (42 ) 202 Amount reclassified from accumulated other comprehensive loss - - - (286 ) Total other comprehensive loss (1 ) - (42 ) (84 ) Balance at the end of the period $ (19 ) $ 34 $ (19 ) $ 34 _________________ ( 1 The following table presents significant amounts reclassified out of each component of accumulated other comprehensive (loss) income for the three nine September 30, 2022 2021 Details About Other Comprehensive Loss Amount Reclassified from Accumulated Other Comprehensive (Loss) Income (1) Affected Line Item in the Statement of Income For the Three Months Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Unrealized losses on investment securities available for sale $ - $ - $ - $ 362 Gain on sales of investment securities available for sale - - - (76 ) Income taxes $ - $ - $ - $ 286 ( 1 Amounts in parentheses indicate debits to net income.

Note 4 - Investment in Interest

Note 4 - Investment in Interest-earning Time Deposits	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	Note 4 Investment in Interest-Earning Time Deposits The investment in interest-earning time deposits as of September 30, 2022 December 31, 2021, September 30, 2022 December 31, 2021 Due in one year or less $ 3,111 $ 4,487 Due after one year through five years 2,458 3,437 Total $ 5,569 $ 7,924

Note 5 - Investment Securities

Note 5 - Investment Securities Available for Sale	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 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, 2022 December 31, 2021 September 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 3,100 $ - $ (26 ) $ 3,074 Federal National Mortgage Association securities 117 2 - 119 Total available-for-sale-securities $ 3,217 $ 2 $ (26 ) $ 3,193 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 3,860 $ 22 $ - $ 3,882 Federal National Mortgage Association securities 144 7 - 151 Total available-for-sale-securities $ 4,004 $ 29 $ - $ 4,033 The amortized cost and fair value of mortgage-backed securities at September 30, 2022, may Available for Sale Amortized Cost Fair Value Due after five years through ten years $ - $ - Due after ten years $ 3,217 $ 3,193 Total $ 3,217 $ 3,193 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, 2022 ( September 30, 2022 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Number of Unrealized Unrealized Unrealized Securities Fair Value Loss Fair Value Losses Fair Value Losses Government National Mortgage Association securities 11 $ 3,074 $ (26 ) $ - $ - $ 3,074 $ (26 ) At December 31, 2021, three nine September 30, 2022 2021.

Note 6 - Loans Receivable, Net

Note 6 - Loans Receivable, Net and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Financing Receivables [Text Block]	Note 6 The composition of net loans receivable is as follows (in thousands): September 30, 2022 December 31, 2021 Real estate loans: One-to-four family residential: Owner occupied $ 17,424 $ 9,779 Non-owner occupied 39,410 38,752 Total one-to-four family residential 56,834 48,531 Multi-family (five or more) residential 48,468 29,344 Commercial real estate 313,160 183,822 Construction 25,838 15,843 Home equity 5,265 4,706 Total real estate loans 449,565 282,246 Commercial business (1) 138,133 129,608 Other consumer 3 12 Total Loans 587,701 411,866 Deferred loan fees and costs (1,406 ) (2,638 ) Allowance for loan losses (7,141 ) (5,262 ) Net Loans $ 579,154 $ 403,966 __________________ ( 1 September 30, 2022 December 31, 2021, 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, 2022 December 31, 2021 September 30, 2022 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 17,014 $ 410 $ - $ - $ 17,424 One-to-four family residential non-owner occupied 39,402 - 8 - 39,410 Multi-family residential 46,760 - 1,708 - 48,468 Commercial real estate 312,163 - 997 - 313,160 Construction 25,838 - - - 25,838 Home equity 5,265 - - - 5,265 Commercial business 136,310 103 1,720 - 138,133 Other consumer 3 - - - 3 Total $ 582,755 $ 513 $ 4,433 $ - $ 587,701 December 31, 2021 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 9,365 $ 414 $ - $ - $ 9,779 One-to-four family residential non-owner occupied 38,743 - 9 - 38,752 Multi-family residential 27,621 1,723 - - 29,344 Commercial real estate 181,914 - 1,908 - 183,822 Construction 15,843 - - - 15,843 Home equity 4,706 - - - 4,706 Commercial business 125,725 - 3,883 - 129,608 Other consumer 12 - - - 12 Total $ 403,929 $ 2,137 $ 5,800 $ - $ 411,866 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, 2022 September 30, 2022 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 8 9 - 9 - Multi-family residential 1,708 1,723 - 1,723 - Commercial real estate 130 130 - 130 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 8 9 - 9 - Multi-family residential 1,708 1,723 - 1,723 - Commercial real estate 130 130 - 130 9 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 1,846 $ 1,862 $ - $ 1,862 $ 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, 2021 December 31, 2021 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 $ - $ - $ - $ 66 $ - One-to-four family residential non-owner occupied 9 9 - 9 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 12 Construction - - - - - Home equity - - - - - Commercial business - - - 18 - 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 $ - $ - $ - $ 66 $ - One-to-four family residential non-owner occupied 9 9 - 9 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 12 Construction - - - - - Home equity - - - - - Commercial business - - - 18 - Other consumer - - - - - Total $ 140 $ 140 $ - $ 224 $ 12 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 September30, 2022, two one September 30, 2022. nine September 30, 2022, no December 31, 2021, one December 31, 2021. not six 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, 2022 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, 2022 September 30, 2022 ( September 30, 2022 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, 2022 Allowance for loan losses: Beginning balance $ 104 $ 276 $ 377 $ 3,383 $ 283 $ 32 $ 1,735 $ 350 $ 6,540 Charge-offs - - - - - - (54 ) - (54 ) Recoveries - - - - - - - - - Provision 15 7 90 187 (76 ) 3 379 50 655 Ending balance $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 For the Nine Months Ended September 30, 2022 Allowance for loan losses: Beginning balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Charge-offs - - - - - - (54 ) - (54 ) Recoveries - - - - - - - - - Provision 46 (9 ) 218 1,095 88 6 489 - 1,933 Ending balance $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 Loans receivable: Ending balance: $ 17,424 $ 39,410 $ 48,468 $ 313,160 $ 25,838 $ 5,265 $ 138,136 $ 587,701 Ending balance evaluated for impairment: Individually $ - $ 8 $ 1,708 $ 130 $ - $ - $ - $ 1,846 Collectively $ 17,424 $ 39,402 $ 46,760 $ 313,030 $ 25,838 $ 5,265 $ 138,136 $ 585,855 The Bank allocated increased allowance for loan loss provisions to the commercial real estate loan portfolio class for the three nine September 30, 2022, nine September 30, 2022, nine September 30, 2022, Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the three nine September 30, 2021 September 30, 2021 ( September 30, 2021 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, 2021 Allowance for loan losses: Beginning balance $ 72 $ 356 $ 242 $ 1,617 $ 163 $ 26 $ 970 $ 300 $ 3,746 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision - 22 5 407 (28 ) (4 ) 205 (50 ) 557 Ending balance $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 For the Nine Months Ended September 30, 2021 Allowance for loan losses: Beginning balance $ 88 $ 362 $ 229 $ 1,287 $ 62 $ 20 $ 763 $ 250 $ 3,061 Charge-offs - - - - - - (17 ) - (17 ) Recoveries - - - - - - - - - Provision (16 ) 16 18 737 73 2 429 - 1,259 Ending balance $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 The Bank allocated increased allowance for loan loss provisions to the commercial real estate loan portfolio class for the three September 30, 2021, nine September 30, 2021, three nine September 30, 2021, 19 Following is a summary, by loan portfolio class, of changes in the allowance for loan losses for the year ended December 31, 2021 December 31, 2021 ( December 31, 2021 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 $ 88 $ 362 $ 229 $ 1,287 $ 62 $ 20 $ 763 $ 250 $ 3,061 Charge-offs - - - - - - (17 ) - (17 ) Recoveries - - - - - - 17 - 17 Provision (15 ) (70 ) 20 1,188 57 9 862 150 2,201 Ending balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Loans receivable: Ending balance $ 9,779 $ 38,752 $ 29,344 $ 183,822 $ 15,843 $ 4,706 $ 129,620 $ 411,866 Ending balance evaluated for impairment: Individually $ $ 9 $ - $ 131 $ - $ - $ - $ 140 Collectively $ 9,779 $ 38,743 $ 29,344 $ 183,691 $ 15,843 $ 4,706 $ 129,620 $ 411,726 The Bank allocated increased allowance for loan loss provisions to the commercial real estate loan portfolio class for the year ended December 31, 2021, December 31, 2021, December 31, 2021, December 31, 2021, 19 December 31, 2021 19 The following table presents non-accrual loans by classes of the loan portfolio as of September 30, 2022 December 31, 2021 ( September 30, 2022 December 31, 2021 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied 8 9 Multi-family residential 1,708 - Commercial real estate - - Construction - - Home equity - - Commercial business - - Other consumer - - Total $ 1,716 $ 9 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, 2022 December 31, 2021 ( September 30, 2022 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 $ 556 $ - $ 556 $ 16,868 $ 17,424 $ - One-to-four family residential non-owner occupied 57 8 65 39,345 39,410 - Multi-family residential 873 1,708 2,581 45,887 48,468 - Commercial real estate 2,133 - 2,133 311,027 313,160 - Construction - - - 25,838 25,838 - Home equity 40 - 40 5,225 5,265 - Commercial business 2,129 - 2,129 136,004 138,133 - Other consumer - - - 3 3 - Total $ 5,788 $ 1,716 $ 7,504 $ 580,197 $ 587,701 $ - December 31, 2021 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 $ 809 $ - $ 809 $ 8,970 $ 9,779 $ - One-to-four family residential non-owner occupied 285 9 294 38,458 38,752 - Multi-family residential - - - 29,344 29,344 - Commercial real estate - - - 183,822 183,822 - Construction - - - 15,843 15,843 - Home equity - - - 4,706 4,706 - Commercial business 367 - 367 129,241 129,608 - Other consumer - - - 12 12 - Total $ 1,461 $ 9 $ 1,470 $ 410,396 $ 411,866 $ - Non-performing loans, which consist of non-accruing loans plus accruing loans 90 September 30, 2022 December 31, 2021. For the three September 30, 2022 2021 three nine September 30, 2022, three nine September 30, 2021.

Note 7 - Goodwill and Other Int

Note 7 - Goodwill and Other Intangible, Net	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 7 Goodwill and Other Intangible, Net On January 4, 2021, second August 1, 2016, ten September 30, 2022 three nine September 30, 2022 2021 $36,000

Note 8 - Deposits

Note 8 - Deposits	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 8 Deposits Deposits consist of the following classifications (in thousands): September 30, 2022 December 31, 2021 Non-interest bearing checking accounts $ 79,825 $ 64,731 Passbook accounts 4 10 Savings accounts 1,662 1,828 Money market accounts 289,395 200,687 Certificates of deposit 176,228 179,910 Total deposits $ 547,114 $ 447,166

Note 9 - Borrowings

Note 9 - Borrowings	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 9 Borrowings Federal Home Loan Bank advances consist of the following at September 30, 2022 December 31, 2021 ( September 30, 2022 December 31, 2021 Amount Weighted Interest Rate Amount Weighted Interest Rate Short-term borrowings $ 10,000 3.11 % $ 26,000 0.28 % Fixed rate borrowings maturing: 2022 17,000 1.72 7,171 2.10 2023 57,000 2.22 7,000 2.16 2024 6,167 2.05 6,167 2.05 2025 2,855 1.25 2,855 1.25 Total FHLB long-term debt $ 83,022 2.07 % $ 23,193 2.00 % Federal Reserve Bank long-term borrowings decreased $3.9 million, or 100.0%, to none at September 30, 2022 December 31, 2021 first not second 0.35% two There were no other short-term borrowings representing outstanding balances on two two September 30, 2022.

Note 10 - Stock Compensation Pl

Note 10 - Stock Compensation Plans	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 10 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%, 2007. September 30, 2021. September 30, 2021. During the third 2022, three nine September 30, 2022, three nine September 30, 2021, Stock Incentive Plans – Share Awards In May 2013, 2013 “2013 2013 May 2013 may May 2018, 2018 “2018 2018 May 2018 may As of September 30, 2022 2013 2018 2018 2013 2013 2018 five A summary of the status of the share awards under the 2013 2018 September 30, 2022 2021 nine September 30, 2022 2021 September 30, 2022 September 30, 2021 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested at the beginning of the period 18,845 $ 13.30 28,266 $ 13.30 Granted - - - - Vested (9,123 ) 13.30 (9,421 ) 13.30 Forfeited (600 ) 13.30 - - Unvested at the end of the period 9,122 $ 13.30 18,845 $ 13.30 Compensation expense on the restricted stock awards is recognized ratably over the five three September 30, 2022 2021, nine September 30, 2022 2021, September 30, 2022, Stock Option and Stock Incentive Plans – Stock Options In May 2008, 2008 no February 13, 2018, 2013 10 2013 May 2013 may 2018 May 2018 may All incentive stock options issued under the Option Plan and the 2013 2018 422 five ten As of September 30, 2022, 2013 2018 2018 2013 five ten A summary of option activity under the Company’s Option Plan and 2013 2018 September 30, 2022 2021 three September 30, 2022 2021 2022 2021 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 233,136 $ 10.96 4.2 240,636 $ 10.98 5.2 Granted - - - - - - Exercised (21,000 ) 8.60 - (7,500 ) 11.57 - Forfeited (6,200 ) 10.62 - - - - Outstanding at end of period 205,936 $ 11.21 3.7 233,136 $ 10.96 4.5 Exercisable at end of period 175,009 $ 10.96 6.3 180,081 $ 10.28 5.6 During both the three September 30, 2022 2021, $1,000, nine September 30, 2022 2021, $2,000 September 30, 2022,

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments	9 Months Ended
	Sep. 30, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 11 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 2021 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: 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, 2022 ( September 30, 2022 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 Government National Mortgage Association mortgage-backed securities $ 3,074 $ - $ 3,074 $ - Federal National Mortgage Association mortgage- backed securities 119 - 119 - Total investment securities available for sale $ 3,193 $ - $ 3,193 $ - Total recurring fair value measurements $ 3,193 $ - $ 3,193 $ - Nonrecurring fair value measurements Impaired loans $ 1,846 $ - $ - $ 1,846 Total nonrecurring fair value measurements $ 1,846 $ - $ - $ 1,846 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, 2021 ( December 31, 2021 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 Government National Mortgage Association mortgage-backed securities $ 3,882 $ - $ 3,882 $ - Federal National Mortgage Association mortgage- backed securities 151 - 151 - Total investment securities available for sale $ 4,033 $ - $ 4,033 $ - Total recurring fair value measurements $ 4,033 $ - $ 4,033 $ - Nonrecurring fair value measurements Impaired loans $ 140 $ - $ - $ 140 Total nonrecurring fair value measurements $ 140 $ - $ - $ 140 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, 2022 December 31, 2021 ( September 30, 2022 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,846 Appraisal of collateral (1) Appraisal adjustments (2) 8%(8%) December 31, 2021 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 140 Appraisal of collateral (1) Appraisal adjustments (2) 8%(8%) ________________ ( 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, 2022 December 31, 2021 Fair Value Measurements at September 30, 2022 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 $ 5,569 $ 5,635 $ - $ - $ 5,635 Loans held for sale 88,400 95,437 - 95,437 - Loans receivable, net 579,154 553,379 - - 553,379 Financial Liabilities Deposits 547,114 547,151 370,886 - 176,265 FHLB long-term borrowings 83,022 82,791 - - 82,791 Subordinated debt 7,958 7,911 - - 7,911 Fair Value Measurements at December 31, 2021 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 $ 7,924 $ 8,091 $ - $ - $ 8,091 Loans held for sale 107,823 112,843 - 112,843 - Loans receivable, net 403,966 409,203 - - 409,203 Financial Liabilities Deposits 447,166 446,576 267,255 - 179,321 FHLB long-term borrowings 23,193 23,231 - - 23,231 FRB long-term borrowings 3,895 3,895 - - 3,895 Subordinated debt 7,933 8,312 - - 8,312 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, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 12 Operating Segments 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 Mortgage, LLC, Quaint Oak Real Estate, LLC, Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, and Oakmont Commercial, 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 Oakmont Capital Holdings, LLC Segment originates equipment loans which are generally sold to third The following table presents summary financial information for the reportable segments (in thousands): As of or for the Three Months Ended September 30, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 6,766 $ (109 ) $ 6,657 $ 5,022 $ (8 ) $ 5,014 Provision for Loan Losses 655 - 655 557 - 557 Net Interest Income (Loss) after Provision for Loan Losses 6,111 (109 ) 6,002 4,465 (8 ) 4,457 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 173 587 760 332 272 604 Real estate sales commissions, net 88 - 88 79 - 79 Insurance commissions 152 - 152 133 - 133 Other fees and services charges 57 74 131 36 2 38 Net loan servicing income 6 474 480 62 413 475 Income from bank-owned life insurance 23 - 23 21 - 21 Net gain on loans held for sale 891 3,390 4,281 843 1,023 1,866 Gain on the sale of SBA loans 58 - 58 369 - 369 Total Non-Interest Income 1,448 4,525 5,973 1,875 1,710 3,585 Non-Interest Expense Salaries and employee benefits 3,547 1,788 5,335 2,867 1,233 4,100 Directors’ fees and expenses 67 - 67 58 - 58 Occupancy and equipment 323 154 477 295 84 379 Data processing 140 - 140 234 - 234 Professional fees 240 17 257 67 40 107 FDIC deposit insurance assessment 225 - 225 97 - 97 Other real estate owned expenses - - - 2 - 2 Advertising 95 74 169 75 35 110 Amortization of other intangible 12 - 12 12 - 12 Other 314 322 636 288 38 326 Total Non-Interest Expense 4,963 2,355 7,318 3,995 1,430 5,425 Pretax Segment Profit $ 2,596 $ 2,061 $ 4,657 $ 2,345 $ 272 $ 2,617 Segment Assets $ 683,882 $ 23,378 $ 707,260 $ 520,005 $ 15,861 $ 535,866 _______________________ ( 1 Includes Quaint Oak Bancorp, Inc. and the Bank’s subsidiaries, Quaint Oak Mortgage, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, QOB Properties, and Oakmont Commercial. As of or for the Nine Months Ended September 30, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 18,160 $ (216 ) $ 17,944 $ 13,476 $ (97 ) $ 13,379 Provision for Loan Losses 1,933 - 1,933 1,259 - 1,259 Net Interest Income (Loss) after Provision for Loan Losses 16,227 (216 ) 16,011 12,217 (97 ) 12,120 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 600 1,621 2,221 990 667 1,657 Real estate sales commissions, net 213 - 213 143 - 143 Insurance commissions 407 - 407 373 - 373 Other fees and services charges 221 158 379 182 29 211 Net loan servicing income 11 943 954 128 898 1,026 Income from bank-owned life insurance 66 - 66 61 - 61 Net gain on loans held for sale 2,828 8,521 11,349 2,283 2,133 4,416 Gain on sale of investment securities available for sale - - - 362 - 362 Gain on the sale of SBA loans 225 - 225 636 - 636 Total Non-Interest Income 4,571 11,243 15,814 5,158 3,727 8,885 Non-Interest Expense Salaries and employee benefits 10,213 4,604 14,817 7,942 2,997 10,939 Directors’ fees and expenses 210 - 210 186 - 186 Occupancy and equipment 975 388 1,363 895 248 1,143 Data processing 500 - 500 641 - 641 Professional fees 625 44 669 356 132 488 FDIC deposit insurance assessment 454 - 454 221 - 221 Other real estate owned expenses - - - 14 - 14 Advertising 265 266 531 224 113 337 Amortization of other intangible 36 - 36 36 - 36 Other 990 519 1,509 858 116 974 Total Non-Interest Expense 14,268 5,821 20,089 11,373 3,606 14,979 Pretax Segment Profit $ 6,530 $ 5,206 $ 11,736 $ 6,002 $ 24 $ 6,026 Segment Assets $ 683,882 $ 23,378 $ 707,260 $ 520,005 $ 15,861 $ 535,866 ____________________ ( 2 Includes Quaint Oak Bancorp, Inc. and the Bank’s subsidiaries, Quaint Oak Mortgage, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, QOB Properties, and Oakmont Commercial.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Financial Presentation. September 30, 2022, six July 2009. February, 2019, July 2012 August 2016 October 2021 April 29, 2022, January 4, 2021, second 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, 2021 2021 10 nine September 30, 2022 not may December 31, 2022.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Not June 2016, 2016 13, Financial Instruments - Credit Losses: Measurement of Credit Losses on Financial Instruments 2016 13 December 15, 2022, December 15, 2018. first one first The Company has contracted with a third may In November 2019, 2019 10, Financial Instruments Credit Losses (Topic 326 815 842 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, 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, Financial Services Insurance, December 15, 2021, December 15, 2023, December 15, 2024. 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 Facilitation of the Effects of Reference Rate Reform on Financial Reporting, March 2020, not not one December 31, 2022. In January 2021, 2021 01, Reference Rate Reform (Topic 848 848. 2021 01 848. 2021 01 may March 12, 2020, not December 31, 2022, December 31, 2022, December 31, 2022, In March 2022, 2022 02, Financial Instruments - Credit Losses (ASC 326 326 326 2016 13 December 15, 2022.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications. 2021 2022 not no

Note 2 - Earnings Per Share (Ta

Note 2 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
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, 2022 2021 2022 2021 Net Income Attributable to Quaint Oak Bancorp, Inc. $ 2,635,000 $ 1,782,000 $ 6,654,000 $ 4,321,000 Weighted average shares outstanding – basic 2,050,650 2,002,816 2,034,153 1,991,336 Effect of dilutive common stock equivalents 118,082 97,211 116,791 93,950 Adjusted weighted average shares outstanding – diluted 2,168,732 2,100,026 2,150,944 2,085,286 Basic earnings per share $ 1.29 $ 0.89 $ 3.27 $ 2.17 Diluted earnings per share $ 1.22 $ 0.85 $ 3.09 $ 2.07

Note 3 - Accumulated Other Co_2

Note 3 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2022
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 Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Balance at the beginning of the period $ (18 ) $ 34 $ 23 $ 118 Other comprehensive income (loss) before classifications (1 ) - (42 ) 202 Amount reclassified from accumulated other comprehensive loss - - - (286 ) Total other comprehensive loss (1 ) - (42 ) (84 ) Balance at the end of the period $ (19 ) $ 34 $ (19 ) $ 34
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details About Other Comprehensive Loss Amount Reclassified from Accumulated Other Comprehensive (Loss) Income (1) Affected Line Item in the Statement of Income For the Three Months Ended September 30, For the Nine Months Ended September 30, 2022 2021 2022 2021 Unrealized losses on investment securities available for sale $ - $ - $ - $ 362 Gain on sales of investment securities available for sale - - - (76 ) Income taxes $ - $ - $ - $ 286

Note 4 - Investment in Intere_2

Note 4 - Investment in Interest-earning Time Deposits (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Investments in Interest-Earning Time Deposits by Contractual Maturity [Table Text Block]	September 30, 2022 December 31, 2021 Due in one year or less $ 3,111 $ 4,487 Due after one year through five years 2,458 3,437 Total $ 5,569 $ 7,924

Note 5 - Investment Securitie_2

Note 5 - Investment Securities Available for Sale (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Debt Securities, Available-for-Sale [Table Text Block]	September 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 3,100 $ - $ (26 ) $ 3,074 Federal National Mortgage Association securities 117 2 - 119 Total available-for-sale-securities $ 3,217 $ 2 $ (26 ) $ 3,193 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 3,860 $ 22 $ - $ 3,882 Federal National Mortgage Association securities 144 7 - 151 Total available-for-sale-securities $ 4,004 $ 29 $ - $ 4,033
Investments Classified by Contractual Maturity Date [Table Text Block]	Available for Sale Amortized Cost Fair Value Due after five years through ten years $ - $ - Due after ten years $ 3,217 $ 3,193 Total $ 3,217 $ 3,193
Schedule of Unrealized Loss on Investments [Table Text Block]	September 30, 2022 Less than Twelve Months Twelve Months or Greater Total Gross Gross Gross Number of Unrealized Unrealized Unrealized Securities Fair Value Loss Fair Value Losses Fair Value Losses Government National Mortgage Association securities 11 $ 3,074 $ (26 ) $ - $ - $ 3,074 $ (26 )

Note 6 - Loans Receivable, Ne_2

Note 6 - Loans Receivable, Net and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2022 December 31, 2021 Real estate loans: One-to-four family residential: Owner occupied $ 17,424 $ 9,779 Non-owner occupied 39,410 38,752 Total one-to-four family residential 56,834 48,531 Multi-family (five or more) residential 48,468 29,344 Commercial real estate 313,160 183,822 Construction 25,838 15,843 Home equity 5,265 4,706 Total real estate loans 449,565 282,246 Commercial business (1) 138,133 129,608 Other consumer 3 12 Total Loans 587,701 411,866 Deferred loan fees and costs (1,406 ) (2,638 ) Allowance for loan losses (7,141 ) (5,262 ) Net Loans $ 579,154 $ 403,966
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2022 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 17,014 $ 410 $ - $ - $ 17,424 One-to-four family residential non-owner occupied 39,402 - 8 - 39,410 Multi-family residential 46,760 - 1,708 - 48,468 Commercial real estate 312,163 - 997 - 313,160 Construction 25,838 - - - 25,838 Home equity 5,265 - - - 5,265 Commercial business 136,310 103 1,720 - 138,133 Other consumer 3 - - - 3 Total $ 582,755 $ 513 $ 4,433 $ - $ 587,701 December 31, 2021 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 9,365 $ 414 $ - $ - $ 9,779 One-to-four family residential non-owner occupied 38,743 - 9 - 38,752 Multi-family residential 27,621 1,723 - - 29,344 Commercial real estate 181,914 - 1,908 - 183,822 Construction 15,843 - - - 15,843 Home equity 4,706 - - - 4,706 Commercial business 125,725 - 3,883 - 129,608 Other consumer 12 - - - 12 Total $ 403,929 $ 2,137 $ 5,800 $ - $ 411,866
Impaired Financing Receivables [Table Text Block]	September 30, 2022 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 8 9 - 9 - Multi-family residential 1,708 1,723 - 1,723 - Commercial real estate 130 130 - 130 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 $ - $ - $ - $ - $ - One-to-four family residential non-owner occupied 8 9 - 9 - Multi-family residential 1,708 1,723 - 1,723 - Commercial real estate 130 130 - 130 9 Construction - - - - - Home equity - - - - - Commercial business - - - - - Other consumer - - - - - Total $ 1,846 $ 1,862 $ - $ 1,862 $ 9 December 31, 2021 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 $ - $ - $ - $ 66 $ - One-to-four family residential non-owner occupied 9 9 - 9 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 12 Construction - - - - - Home equity - - - - - Commercial business - - - 18 - 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 $ - $ - $ - $ 66 $ - One-to-four family residential non-owner occupied 9 9 - 9 - Multi-family residential - - - - - Commercial real estate 131 131 - 131 12 Construction - - - - - Home equity - - - - - Commercial business - - - 18 - Other consumer - - - - - Total $ 140 $ 140 $ - $ 224 $ 12
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]	September 30, 2022 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, 2022 Allowance for loan losses: Beginning balance $ 104 $ 276 $ 377 $ 3,383 $ 283 $ 32 $ 1,735 $ 350 $ 6,540 Charge-offs - - - - - - (54 ) - (54 ) Recoveries - - - - - - - - - Provision 15 7 90 187 (76 ) 3 379 50 655 Ending balance $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 For the Nine Months Ended September 30, 2022 Allowance for loan losses: Beginning balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Charge-offs - - - - - - (54 ) - (54 ) Recoveries - - - - - - - - - Provision 46 (9 ) 218 1,095 88 6 489 - 1,933 Ending balance $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 119 $ 283 $ 467 $ 3,570 $ 207 $ 35 $ 2,060 $ 400 $ 7,141 Loans receivable: Ending balance: $ 17,424 $ 39,410 $ 48,468 $ 313,160 $ 25,838 $ 5,265 $ 138,136 $ 587,701 Ending balance evaluated for impairment: Individually $ - $ 8 $ 1,708 $ 130 $ - $ - $ - $ 1,846 Collectively $ 17,424 $ 39,402 $ 46,760 $ 313,030 $ 25,838 $ 5,265 $ 138,136 $ 585,855 September 30, 2021 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, 2021 Allowance for loan losses: Beginning balance $ 72 $ 356 $ 242 $ 1,617 $ 163 $ 26 $ 970 $ 300 $ 3,746 Charge-offs - - - - - - - - - Recoveries - - - - - - - - - Provision - 22 5 407 (28 ) (4 ) 205 (50 ) 557 Ending balance $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 For the Nine Months Ended September 30, 2021 Allowance for loan losses: Beginning balance $ 88 $ 362 $ 229 $ 1,287 $ 62 $ 20 $ 763 $ 250 $ 3,061 Charge-offs - - - - - - (17 ) - (17 ) Recoveries - - - - - - - - - Provision (16 ) 16 18 737 73 2 429 - 1,259 Ending balance $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 72 $ 378 $ 247 $ 2,024 $ 135 $ 22 $ 1,175 $ 250 $ 4,303 December 31, 2021 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 $ 88 $ 362 $ 229 $ 1,287 $ 62 $ 20 $ 763 $ 250 $ 3,061 Charge-offs - - - - - - (17 ) - (17 ) Recoveries - - - - - - 17 - 17 Provision (15 ) (70 ) 20 1,188 57 9 862 150 2,201 Ending balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Ending balance evaluated for impairment: Individually $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Loans receivable: Ending balance $ 9,779 $ 38,752 $ 29,344 $ 183,822 $ 15,843 $ 4,706 $ 129,620 $ 411,866 Ending balance evaluated for impairment: Individually $ $ 9 $ - $ 131 $ - $ - $ - $ 140 Collectively $ 9,779 $ 38,743 $ 29,344 $ 183,691 $ 15,843 $ 4,706 $ 129,620 $ 411,726
Financing Receivable, Nonaccrual [Table Text Block]	September 30, 2022 December 31, 2021 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied 8 9 Multi-family residential 1,708 - Commercial real estate - - Construction - - Home equity - - Commercial business - - Other consumer - - Total $ 1,716 $ 9
Financing Receivable, Past Due [Table Text Block]	September 30, 2022 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 $ 556 $ - $ 556 $ 16,868 $ 17,424 $ - One-to-four family residential non-owner occupied 57 8 65 39,345 39,410 - Multi-family residential 873 1,708 2,581 45,887 48,468 - Commercial real estate 2,133 - 2,133 311,027 313,160 - Construction - - - 25,838 25,838 - Home equity 40 - 40 5,225 5,265 - Commercial business 2,129 - 2,129 136,004 138,133 - Other consumer - - - 3 3 - Total $ 5,788 $ 1,716 $ 7,504 $ 580,197 $ 587,701 $ - December 31, 2021 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 $ 809 $ - $ 809 $ 8,970 $ 9,779 $ - One-to-four family residential non-owner occupied 285 9 294 38,458 38,752 - Multi-family residential - - - 29,344 29,344 - Commercial real estate - - - 183,822 183,822 - Construction - - - 15,843 15,843 - Home equity - - - 4,706 4,706 - Commercial business 367 - 367 129,241 129,608 - Other consumer - - - 12 12 - Total $ 1,461 $ 9 $ 1,470 $ 410,396 $ 411,866 $ -

Note 8 - Deposits (Tables)

Note 8 - Deposits (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Deposit Liabilities, Type [Table Text Block]	September 30, 2022 December 31, 2021 Non-interest bearing checking accounts $ 79,825 $ 64,731 Passbook accounts 4 10 Savings accounts 1,662 1,828 Money market accounts 289,395 200,687 Certificates of deposit 176,228 179,910 Total deposits $ 547,114 $ 447,166

Note 9 - Borrowings (Tables)

Note 9 - Borrowings (Tables)	9 Months Ended
	Sep. 30, 2022
Federal Home Loan Bank Advances [Member]
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	September 30, 2022 December 31, 2021 Amount Weighted Interest Rate Amount Weighted Interest Rate Short-term borrowings $ 10,000 3.11 % $ 26,000 0.28 % Fixed rate borrowings maturing: 2022 17,000 1.72 7,171 2.10 2023 57,000 2.22 7,000 2.16 2024 6,167 2.05 6,167 2.05 2025 2,855 1.25 2,855 1.25 Total FHLB long-term debt $ 83,022 2.07 % $ 23,193 2.00 %

Note 10 - Stock Compensation _2

Note 10 - Stock Compensation Plans (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Share-Based Payment Arrangement, Activity [Table Text Block]	September 30, 2022 September 30, 2021 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Unvested at the beginning of the period 18,845 $ 13.30 28,266 $ 13.30 Granted - - - - Vested (9,123 ) 13.30 (9,421 ) 13.30 Forfeited (600 ) 13.30 - - Unvested at the end of the period 9,122 $ 13.30 18,845 $ 13.30
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	2022 2021 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 233,136 $ 10.96 4.2 240,636 $ 10.98 5.2 Granted - - - - - - Exercised (21,000 ) 8.60 - (7,500 ) 11.57 - Forfeited (6,200 ) 10.62 - - - - Outstanding at end of period 205,936 $ 11.21 3.7 233,136 $ 10.96 4.5 Exercisable at end of period 175,009 $ 10.96 6.3 180,081 $ 10.28 5.6

Note 11 - Fair Value Measurem_2

Note 11 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	September 30, 2022 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 Government National Mortgage Association mortgage-backed securities $ 3,074 $ - $ 3,074 $ - Federal National Mortgage Association mortgage- backed securities 119 - 119 - Total investment securities available for sale $ 3,193 $ - $ 3,193 $ - Total recurring fair value measurements $ 3,193 $ - $ 3,193 $ - Nonrecurring fair value measurements Impaired loans $ 1,846 $ - $ - $ 1,846 Total nonrecurring fair value measurements $ 1,846 $ - $ - $ 1,846 December 31, 2021 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 Government National Mortgage Association mortgage-backed securities $ 3,882 $ - $ 3,882 $ - Federal National Mortgage Association mortgage- backed securities 151 - 151 - Total investment securities available for sale $ 4,033 $ - $ 4,033 $ - Total recurring fair value measurements $ 4,033 $ - $ 4,033 $ - Nonrecurring fair value measurements Impaired loans $ 140 $ - $ - $ 140 Total nonrecurring fair value measurements $ 140 $ - $ - $ 140
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	September 30, 2022 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,846 Appraisal of collateral (1) Appraisal adjustments (2) 8%(8%) December 31, 2021 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 140 Appraisal of collateral (1) Appraisal adjustments (2) 8%(8%)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements at September 30, 2022 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 $ 5,569 $ 5,635 $ - $ - $ 5,635 Loans held for sale 88,400 95,437 - 95,437 - Loans receivable, net 579,154 553,379 - - 553,379 Financial Liabilities Deposits 547,114 547,151 370,886 - 176,265 FHLB long-term borrowings 83,022 82,791 - - 82,791 Subordinated debt 7,958 7,911 - - 7,911 Fair Value Measurements at December 31, 2021 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 $ 7,924 $ 8,091 $ - $ - $ 8,091 Loans held for sale 107,823 112,843 - 112,843 - Loans receivable, net 403,966 409,203 - - 409,203 Financial Liabilities Deposits 447,166 446,576 267,255 - 179,321 FHLB long-term borrowings 23,193 23,231 - - 23,231 FRB long-term borrowings 3,895 3,895 - - 3,895 Subordinated debt 7,933 8,312 - - 8,312

Note 12 - Operating Segments (T

Note 12 - Operating Segments (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	As of or for the Three Months Ended September 30, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 6,766 $ (109 ) $ 6,657 $ 5,022 $ (8 ) $ 5,014 Provision for Loan Losses 655 - 655 557 - 557 Net Interest Income (Loss) after Provision for Loan Losses 6,111 (109 ) 6,002 4,465 (8 ) 4,457 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 173 587 760 332 272 604 Real estate sales commissions, net 88 - 88 79 - 79 Insurance commissions 152 - 152 133 - 133 Other fees and services charges 57 74 131 36 2 38 Net loan servicing income 6 474 480 62 413 475 Income from bank-owned life insurance 23 - 23 21 - 21 Net gain on loans held for sale 891 3,390 4,281 843 1,023 1,866 Gain on the sale of SBA loans 58 - 58 369 - 369 Total Non-Interest Income 1,448 4,525 5,973 1,875 1,710 3,585 Non-Interest Expense Salaries and employee benefits 3,547 1,788 5,335 2,867 1,233 4,100 Directors’ fees and expenses 67 - 67 58 - 58 Occupancy and equipment 323 154 477 295 84 379 Data processing 140 - 140 234 - 234 Professional fees 240 17 257 67 40 107 FDIC deposit insurance assessment 225 - 225 97 - 97 Other real estate owned expenses - - - 2 - 2 Advertising 95 74 169 75 35 110 Amortization of other intangible 12 - 12 12 - 12 Other 314 322 636 288 38 326 Total Non-Interest Expense 4,963 2,355 7,318 3,995 1,430 5,425 Pretax Segment Profit $ 2,596 $ 2,061 $ 4,657 $ 2,345 $ 272 $ 2,617 Segment Assets $ 683,882 $ 23,378 $ 707,260 $ 520,005 $ 15,861 $ 535,866 As of or for the Nine Months Ended September 30, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 18,160 $ (216 ) $ 17,944 $ 13,476 $ (97 ) $ 13,379 Provision for Loan Losses 1,933 - 1,933 1,259 - 1,259 Net Interest Income (Loss) after Provision for Loan Losses 16,227 (216 ) 16,011 12,217 (97 ) 12,120 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 600 1,621 2,221 990 667 1,657 Real estate sales commissions, net 213 - 213 143 - 143 Insurance commissions 407 - 407 373 - 373 Other fees and services charges 221 158 379 182 29 211 Net loan servicing income 11 943 954 128 898 1,026 Income from bank-owned life insurance 66 - 66 61 - 61 Net gain on loans held for sale 2,828 8,521 11,349 2,283 2,133 4,416 Gain on sale of investment securities available for sale - - - 362 - 362 Gain on the sale of SBA loans 225 - 225 636 - 636 Total Non-Interest Income 4,571 11,243 15,814 5,158 3,727 8,885 Non-Interest Expense Salaries and employee benefits 10,213 4,604 14,817 7,942 2,997 10,939 Directors’ fees and expenses 210 - 210 186 - 186 Occupancy and equipment 975 388 1,363 895 248 1,143 Data processing 500 - 500 641 - 641 Professional fees 625 44 669 356 132 488 FDIC deposit insurance assessment 454 - 454 221 - 221 Other real estate owned expenses - - - 14 - 14 Advertising 265 266 531 224 113 337 Amortization of other intangible 36 - 36 36 - 36 Other 990 519 1,509 858 116 974 Total Non-Interest Expense 14,268 5,821 20,089 11,373 3,606 14,979 Pretax Segment Profit $ 6,530 $ 5,206 $ 11,736 $ 6,002 $ 24 $ 6,026 Segment Assets $ 683,882 $ 23,378 $ 707,260 $ 520,005 $ 15,861 $ 535,866

Note 1 - Financial Statement _2

Note 1 - Financial Statement Presentation and Significant Accounting Policies (Details Textual) $ in Millions		6 Months Ended
	Apr. 29, 2022 USD ($)	Jun. 30, 2022
Number of Wholly-Owned Subsidiaries		6
Quaint Oak Commercial, LLC [Member]
Payments to Acquire Businesses and Interest in Affiliates, Total	$ 55.5

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Income Attributable to Quaint Oak Bancorp, Inc.	$ 2,635,000	$ 1,782,000	$ 6,654,000	$ 4,321,000
Weighted average shares outstanding – basic (in shares)	2,050,650	2,002,816	2,034,153	1,991,336
Effect of dilutive common stock equivalents (in shares)	118,082	97,211	116,791	93,950
Adjusted weighted average shares outstanding – diluted (in shares)	2,168,732	2,100,026	2,150,944	2,085,286
Basic earnings per share (in dollars per share)	$ 1.29	$ 0.89	$ 3.27	$ 2.17
Diluted earnings per share (in dollars per share)	$ 1.22	$ 0.85	$ 3.09	$ 2.07

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Balance				$ 34,789
Amount reclassified from accumulated other comprehensive loss		$ 0	$ 0	0	$ (286)
Total other comprehensive loss		(1)	0	(42)	(84)
Balance		41,218		41,218
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance	[1]	(18)	34	23	118
Other comprehensive income (loss) before classifications	[1]	(1)	0	(42)	202
Total other comprehensive loss	[1]	(1)	0	(42)	(84)
Balance	[1]	$ (19)	$ 34	$ (19)	$ 34
[1]All amounts are net of tax. Amounts in parentheses indicate debits.

Note 3 - Accumulated Other Co_4

Note 3 - Accumulated Other Comprehensive Income (Loss) - Reclassified Out of Accumulated Other Comprehensive Loss (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Unrealized losses on investment securities available for sale		$ 0	$ 0	$ 0	$ 362,000
Income Tax Expense (Benefit), Total		1,012,000	702,000	2,531,000	1,693,000
Net Income (Loss) Attributable to Parent, Total		2,635,000	1,782,000	6,654,000	4,321,000
Reclassification out of Accumulated Other Comprehensive Income [Member] | AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Unrealized losses on investment securities available for sale	[1]	0	0	0	362,000
Income Tax Expense (Benefit), Total		0	0	0	(76,000)
Net Income (Loss) Attributable to Parent, Total		$ 0	$ 0	$ 0	$ 286,000
[1]Amounts in parentheses indicate debits to net income.

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, 2022	Dec. 31, 2021
Due in one year or less	$ 3,111	$ 4,487
Due after one year through five years	2,458	3,437
Total	$ 5,569	$ 7,924

Note 5 - Investment Securitie_3

Note 5 - Investment Securities Available for Sale (Details Textual) Pure in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions					0
Other than Temporary Impairment Losses, Investments	$ 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, 2022	Dec. 31, 2021
Amortized cost	$ 3,217	$ 4,004
Gross unrealized gains	2	29
Gross unrealized losses	(26)	0
Fair value	3,193	4,033
Government National Mortgage Association (GNMA) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	3,100	3,860
Gross unrealized gains	0	22
Gross unrealized losses	(26)	0
Fair value	3,074	3,882
Federal National Mortgage Association (FNMA) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	117	144
Gross unrealized gains	2	7
Gross unrealized losses	0	0
Fair value	$ 119	$ 151

Note 5 - Investment Securitie_5

Note 5 - Investment Securities Available for Sale - Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Due after five years through ten years, amortized cost	$ 0
Due after five years through ten years, fair value	0
Due after ten years, amortized cost	3,217
Due after ten years, fair value	3,193
Total, amortized cost	3,217	$ 4,004
Total, fair value	$ 3,193	$ 4,033

Note 5 - Investment Securitie_6

Note 5 - Investment Securities Available for Sale - Gross Unrealized Losses and Fair Value (Details) Pure in Thousands, $ in Thousands	Sep. 30, 2022 USD ($)	Dec. 31, 2021
Number of securities		0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member]
Number of securities	11
Fair value, less than twelve months	$ 3,074
Gross unrealized losses, less than twelve months	(26)
Fair value, twelve months or greater	0
Gross unrealized losses, twelve months or greater	0
Fair value	3,074
Gross unrealized losses	$ (26)

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, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Loans and Leases Receivable, Gross		$ 587,701,000		$ 587,701,000		$ 411,866,000
Troubled Debt Restructuring, Number of Contracts		2		2		2
Financing Receivable, Troubled Debt Restructuring		$ 138,000		$ 138,000		$ 140,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend		0		0
Impaired Financing Receivable, Interest Income, Cash Basis Method		0	$ 0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans		43,000	$ 1,000	122,000	$ 1,000
Nonperforming Financial Instruments [Member]
Loans and Leases Receivable, Gross		1,700,000		1,700,000		9,000
Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross	[1]	138,133,000		138,133,000		129,608,000
Paycheck Protection Loan Program [Member] | Commercial Portfolio Segment [Member]
Loans and Leases Receivable, Gross		$ 3,000,000		$ 3,000,000		$ 42,600,000
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

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, 2022	Jun. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Loans		$ 587,701		$ 411,866
Deferred loan fees and costs		(1,406)		(2,638)
Allowance for loan losses		(7,141)	$ (6,540)	(5,262)	$ (4,303)	$ (3,746)	$ (3,061)
Net Loans		579,154		403,966
Real Estate Portfolio Segment [Member]
Loans		449,565		282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		17,424		9,779
Allowance for loan losses		(119)	(104)	(73)	(72)	(72)	(88)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,410		38,752
Allowance for loan losses		(283)	(276)	(292)	(378)	(356)	(362)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Loans [Member]
Loans		56,834		48,531
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		48,468		29,344
Allowance for loan losses		(467)	(377)	(249)	(247)	(242)	(229)
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans		313,160		183,822
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		25,838		15,843
Allowance for loan losses		(207)	(283)	(119)	(135)	(163)	(62)
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		5,265		4,706
Allowance for loan losses		(35)	$ (32)	(29)	$ (22)	$ (26)	$ (20)
Commercial Portfolio Segment [Member]
Loans	[1]	138,133		129,608
Consumer Portfolio Segment [Member]
Loans		$ 3		$ 12
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

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, 2022	Dec. 31, 2021
Loans		$ 587,701	$ 411,866
Pass [Member]
Loans		582,755	403,929
Special Mention [Member]
Loans		513	2,137
Substandard [Member]
Loans		4,433	5,800
Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member]
Loans		449,565	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		17,424	9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Pass [Member]
Loans		17,014	9,365
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Special Mention [Member]
Loans		410	414
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Substandard [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,410	38,752
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Pass [Member]
Loans		39,402	38,743
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Special Mention [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Substandard [Member]
Loans		8	9
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		48,468	29,344
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Pass [Member]
Loans		46,760	27,621
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Special Mention [Member]
Loans		0	1,723
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Substandard [Member]
Loans		1,708	0
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans		313,160	183,822
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Pass [Member]
Loans		312,163	181,914
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Special Mention [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Substandard [Member]
Loans		997	1,908
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		25,838	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Loans		25,838	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		5,265	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Loans		5,265	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Loans		0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Doubtful [Member]
Loans		0	0
Commercial Portfolio Segment [Member]
Loans	[1]	138,133	129,608
Commercial Portfolio Segment [Member] | Pass [Member]
Loans		136,310	125,725
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans		103	0
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans		1,720	3,883
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans		0	0
Consumer Portfolio Segment [Member]
Loans		3	12
Consumer Portfolio Segment [Member] | Pass [Member]
Loans		3	12
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans		0	0
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans		0	0
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans		$ 0	$ 0
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

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, 2022	Dec. 31, 2021
Recorded investment	$ 1,846	$ 140
Unpaid principal balance	1,862	140
Average recorded investment	1,862	224
Interest income recognized	9	12
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Recorded investment, with no related allowance recorded	0	0
Unpaid principal balance, with no related allowance recorded	0	0
Average recorded investment, with no related allowance recorded	0	66
Interest income recognized, with no related allowance recorded		0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Average recorded investment, with an allowance recorded	0
Recorded investment	0	0
Unpaid principal balance	0	0
Average recorded investment	0	66
Interest income recognized		0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Recorded investment, with no related allowance recorded	8	9
Unpaid principal balance, with no related allowance recorded	9	9
Average recorded investment, with no related allowance recorded	9	9
Interest income recognized, with no related allowance recorded		0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Average recorded investment, with an allowance recorded	0
Recorded investment	8	9
Unpaid principal balance	9	9
Average recorded investment	9	9
Interest income recognized		0
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Recorded investment, with no related allowance recorded	1,708
Unpaid principal balance, with no related allowance recorded	1,723
Average recorded investment, with no related allowance recorded	1,723
Interest income recognized, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Average recorded investment, with an allowance recorded	0
Recorded investment	1,708
Unpaid principal balance	1,723
Average recorded investment	1,723
Interest income recognized	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Recorded investment, with no related allowance recorded	130	131
Unpaid principal balance, with no related allowance recorded	130	131
Average recorded investment, with no related allowance recorded	130	131
Interest income recognized, with no related allowance recorded	9	12
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Average recorded investment, with an allowance recorded	0
Recorded investment	130	131
Unpaid principal balance	130	131
Average recorded investment	130	131
Interest income recognized	9	12
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment, with no related allowance recorded	0
Unpaid principal balance, with no related allowance recorded	0
Average recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Recorded investment	0
Unpaid principal balance	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Recorded investment, with no related allowance recorded	0
Unpaid principal balance, with no related allowance recorded	0
Average recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Recorded investment	0
Unpaid principal balance	0
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	0
Unpaid principal balance, with no related allowance recorded	0
Average recorded investment, with no related allowance recorded	0	18
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Recorded investment	0
Unpaid principal balance	0
Average recorded investment	0	$ 18
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance recorded	0
Unpaid principal balance, with no related allowance recorded	0
Average recorded investment, with no related allowance recorded	0
Recorded investment, with an allowance recorded	0
Unpaid principal balance, with an allowance recorded	0
Recorded investment	0
Unpaid principal balance	$ 0

Note 6 - Loans Receivable, Ne_7

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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Allowance for loan losses, beginning balance	$ 6,540	$ 3,746	$ 5,262	$ 3,061	$ 3,061
Charge-offs	(54)	0	(54)	(17)	(17)
Recoveries	0	0	0	0	17
Provision	655	557	1,933	1,259	2,201
Allowance for loan losses, ending balance	7,141	4,303	7,141	4,303	5,262
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	7,141	4,303	7,141	4,303	5,262
Ending balance:	587,701		587,701		411,866
Loans receivable, individually evaluated for impairment	1,846		1,846		140
Loans receivable, collectively evaluated for impairment	585,855		585,855		411,726
Real Estate Portfolio Segment [Member]
Ending balance:	449,565		449,565		282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	104	72	73	88	88
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	15	0	46	(16)	(15)
Allowance for loan losses, ending balance	119	72	119	72	73
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	119	72	119	72	73
Ending balance:	17,424		17,424		9,779
Loans receivable, individually evaluated for impairment	0		0
Loans receivable, collectively evaluated for impairment	17,424		17,424		9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	276	356	292	362	362
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	7	22	(9)	16	(70)
Allowance for loan losses, ending balance	283	378	283	378	292
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	283	378	283	378	292
Ending balance:	39,410		39,410		38,752
Loans receivable, individually evaluated for impairment	8		8		9
Loans receivable, collectively evaluated for impairment	39,402		39,402		38,743
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Allowance for loan losses, beginning balance	377	242	249	229	229
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	90	5	218	18	20
Allowance for loan losses, ending balance	467	247	467	247	249
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	467	247	467	247	249
Ending balance:	48,468		48,468		29,344
Loans receivable, individually evaluated for impairment	1,708		1,708		0
Loans receivable, collectively evaluated for impairment	46,760		46,760		29,344
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Allowance for loan losses, beginning balance	3,383	1,617	2,475	1,287	1,287
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	187	407	1,095	737	1,188
Allowance for loan losses, ending balance	3,570	2,024	3,570	2,024	2,475
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	3,570	2,024	3,570	2,024	2,475
Ending balance:	313,160		313,160		183,822
Loans receivable, individually evaluated for impairment	130		130		131
Loans receivable, collectively evaluated for impairment	313,030		313,030		183,691
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for loan losses, beginning balance	283	163	119	62	62
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	(76)	(28)	88	73	57
Allowance for loan losses, ending balance	207	135	207	135	119
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	207	135	207	135	119
Ending balance:	25,838		25,838		15,843
Loans receivable, individually evaluated for impairment	0		0		0
Loans receivable, collectively evaluated for impairment	25,838		25,838		15,843
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Allowance for loan losses, beginning balance	32	26	29	20	20
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	3	(4)	6	2	9
Allowance for loan losses, ending balance	35	22	35	22	29
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	35	22	35	22	29
Ending balance:	5,265		5,265		4,706
Loans receivable, individually evaluated for impairment	0		0		0
Loans receivable, collectively evaluated for impairment	5,265		5,265		4,706
Commercial and Consumer Portfolio Segments [Member]
Allowance for loan losses, beginning balance	1,735	970	1,625	763	763
Charge-offs	(54)	0	(54)	(17)	(17)
Recoveries	0	0	0	0	17
Provision	379	205	489	429	862
Allowance for loan losses, ending balance	2,060	1,175	2,060	1,175	1,625
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	2,060	1,175	2,060	1,175	1,625
Ending balance:	138,136		138,136		129,620
Loans receivable, individually evaluated for impairment	0		0		0
Loans receivable, collectively evaluated for impairment	138,136		138,136		129,620
Unallocated Financing Receivables [Member]
Allowance for loan losses, beginning balance	350	300	400	250	250
Charge-offs	0	0	0	0	0
Recoveries	0	0	0	0	0
Provision	50	(50)	0	0	150
Allowance for loan losses, ending balance	400	250	400	250	400
Allowance for loan losses, individually evaluated for impairment	0	0	0	0	0
Allowance for loan losses, collectively evaluated for impairment	400	$ 250	400	$ 250	400
Ending balance:
Loans receivable, individually evaluated for impairment
Loans receivable, collectively evaluated for impairment

Note 6 - Loans Receivable, Ne_8

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Non-accrual Loans by Class of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Loans	$ 1,716	$ 9
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans	8	9
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans	1,708	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans	0	0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans	0	0
Commercial Portfolio Segment [Member]
Loans	0	0
Consumer Portfolio Segment [Member]
Loans	$ 0	$ 0

Note 6 - Loans Receivable, Ne_9

Note 6 - Loans Receivable, Net and Allowance for Loan Losses - Loan Portfolio Summarized by Past Due Status (Details) - USD ($) $ in Thousands		Sep. 30, 2022	Dec. 31, 2021
Loans		$ 587,701	$ 411,866
The 30 to 89 Days Delinquent [Member]
Loans		5,788	1,461
Financial Asset, Past Due [Member]
Loans		7,504	1,470
Financial Asset, Not Past Due [Member]
Loans		580,197	410,396
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans		1,716	9
Real Estate Portfolio Segment [Member]
Loans		449,565	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		17,424	9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		556
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Past Due [Member]
Loans		556	809
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		16,868	8,970
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Loans			809
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,410	38,752
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		57
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Past Due [Member]
Loans		65	294
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		39,345	38,458
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		8	9
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Loans			285
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		48,468	29,344
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		873
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Past Due [Member]
Loans		2,581
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		45,887	29,344
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		1,708
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans		313,160	183,822
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		2,133
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Past Due [Member]
Loans		2,133
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		311,027	183,822
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		25,838	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		25,838	15,843
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		5,265	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | The 30 to 89 Days Delinquent [Member]
Loans		40
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Past Due [Member]
Loans		40
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Not Past Due [Member]
Loans		5,225	4,706
Commercial Portfolio Segment [Member]
Loans	[1]	138,133	129,608
Commercial Portfolio Segment [Member] | The 30 to 89 Days Delinquent [Member]
Loans		2,129
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans		2,129	367
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans		136,004	129,241
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 89 Days Past Due [Member]
Loans			367
Consumer Portfolio Segment [Member]
Loans		3	12
Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans			12
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans		$ 3	$ 12
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

Note 7 - Goodwill and Other I_2

Note 7 - Goodwill and Other Intangible, Net (Details Textual) - USD ($)			3 Months Ended		9 Months Ended
	Jan. 04, 2021	Aug. 01, 2016	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Finite-Lived Intangible Assets, Net, Ending Balance			$ 186,000		$ 186,000		$ 222,000
Finite-Lived Intangible Assets, Accumulated Amortization			299,000		299,000
Amortization of Intangible Assets			$ 12,000	$ 12,000	$ 36,000	$ 36,000
Oakmont Capital Holdings, LLC [Member]
Goodwill, Acquired During Period	$ 2,100,000
Signature Insurance Services, LLC [Member]
Goodwill, Acquired During Period		$ 515,000
Payments to Acquire Businesses, Gross		1,000,000
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, 2022	Dec. 31, 2021
Non-interest bearing checking accounts	$ 79,825	$ 64,731
Money market accounts	289,395	200,687
Certificates of deposit	176,228	179,910
Total deposits	547,114	447,166
Passbook Accounts [Member]
Interest-bearing deposits, amount	4	10
Savings Accounts [Member]
Interest-bearing deposits, amount	$ 1,662	$ 1,828

Note 9 - Borrowings (Details Te

Note 9 - Borrowings (Details Textual) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Repayments of Federal Reserve Bank Borrowings, Financing Activities	$ 3,895	$ 43,170
Long-term Federal Reserve Bank Advances, Increase (Decrease) Percentage	100%
Long-term Federal Reserve Bank Advances	$ 0		$ 3,895
Other Borrowings	0
Oakmont Capital Holdings, LLC Lines of Credit to Fund Equipment Loans [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000

Note 9 - Borrowings - Federal H

Note 9 - Borrowings - Federal Home Loan Bank Long-term Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Short-term borrowings, amount	$ 10,000	$ 26,000
Short-term borrowings, weighted interest rate	3.11%	0.28%
2022, amount	$ 17,000
2022, weighted interest rate	1.72%
2022, amount	$ 57,000	$ 7,171
2022, weighted interest rate	2.22%	2.10%
2023, amount	$ 6,167	$ 7,000
2023, weighted interest rate	2.05%	2.16%
2024, amount	$ 2,855	$ 6,167
2024, weighted interest rate	1.25%	2.05%
2025, amount		$ 2,855
2025, weighted interest rate		1.25%
Total FHLB long-term debt, amount	$ 83,022	$ 23,193
Total FHLB long-term debt, weighted interest rate	2.07%	2%

Note 10 - Stock Compensation _3

Note 10 - Stock Compensation Plans (Details Textual) - USD ($)	1 Months Ended		3 Months Ended			6 Months Ended	9 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2013	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2018	Jun. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2007	Dec. 31, 2021	Dec. 31, 2020	May 31, 2008
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 84,000	$ 65,000			$ 259,000	$ 187,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total			74,000				$ 74,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)							7 months 6 days
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense, after Tax			11,000				$ 33,000
Share-Based Payment Arrangement, Expense, Tax Benefit			1,000				$ 2,000	2,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)							7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)					10 years		10 years
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount			$ 28,000				$ 28,000
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%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			1,800				1,800
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)			7,400				7,400
The 2018 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	155,000
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%
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)			40,250				40,250
Stock Incentive Plans [Member]
Share-Based Payment Arrangement, Expense, after Tax			$ 31,000	$ 31,000			$ 93,000	93,000
Share-Based Payment Arrangement, Expense, Tax Benefit			$ 7,000			$ 7,000	$ 20,000	$ 20,000
Stock Incentive Plans [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)							5 years
Stock Incentive Plans [Member] | Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)			9,122				9,122
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 Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number, Ending Balance (in shares)			205,936				205,936
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)			205,936	233,136			205,936	233,136		233,136	240,636
Employee Stock Ownership Plan [Member]
Percentage of Company Shares Purchased by ESOP									8%
Employee Stock Ownership Plan (ESOP), Shares Contributed to ESOP (in shares)			4,000						222,180
ESOP Loan Interest Rate									7.75%
Employee Stock Ownership Plan (ESOP), Loan Term (Year)									15 years
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 84,000

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, 2022	Sep. 30, 2021
Unvested at the beginning of the period (in shares)	18,845	28,266
Unvested at the beginning of the period (in dollars per share)	$ 13.30	$ 13.30
Granted, number of shares (in shares)	0	0
Granted, weighted average grant date fair value (in dollars per share)	$ 0	$ 0
Vested, number of shares (in shares)	(9,123)	(9,421)
Vested, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30
Forfeited, number of shares (in shares)	(600)	0
Forfeited, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 0
Unvested at the end of the period (in shares)	9,122	18,845
Unvested at the end of the period (in dollars per share)	$ 13.30	$ 13.30

Note 10 - Stock Compensation _5

Note 10 - Stock Compensation Plans - Summary of Option Activity (Details) - The Option Plan and Stock Incentive Plan [Member] - $ / shares	9 Months Ended		12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Outstanding (in shares)	205,936
Share-Based Payment Arrangement, Option [Member]
Outstanding, number of shares (in shares)	233,136	240,636	240,636
Outstanding, weighted average (in dollars per share)	$ 10.96	$ 10.98	$ 10.98
Outstanding at the beginning of the period (Year)	3 years 8 months 12 days	4 years 6 months	4 years 2 months 12 days	5 years 2 months 12 days
Granted, number of shares (in shares)	0	0
Granted, weighted average exercise price (in dollars per share)	$ 0	$ 0
Exercised, number of shares (in shares)	(21,000)	(7,500)
Exercised, weighted average exercise price (in dollars per share)	$ 8.60	$ 11.57
Forfeited, number of shares (in shares)	(6,200)	0
Forfeited, weighted average exercise price (in dollars per share)	$ 10.62	$ 0
Outstanding (in shares)	205,936	233,136	233,136	240,636
Outstanding, weighted average (in dollars per share)	$ 11.21	$ 10.96	$ 10.96	$ 10.98
Exercisable at end of period (in shares)	175,009	180,081
Exercisable at end of period, weighted average exercise price (in dollars per share)	$ 10.96	$ 10.28
Exercisable at end of period, weighted average remaining contractual life (Year)	6 years 3 months 18 days	5 years 7 months 6 days

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, 2022	Dec. 31, 2021
Investment securities available for sale	$ 3,193	$ 4,033
Fair Value, Recurring [Member]
Investment securities available for sale	3,193	4,033
Total fair value measurements	3,193	4,033
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Total fair value measurements	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	3,193	4,033
Total fair value measurements	3,193	4,033
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0	0
Total fair value measurements	0	0
Fair Value, Nonrecurring [Member]
Total fair value measurements	1,846	140
Impaired loans	1,846	140
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Total fair value measurements	0	0
Impaired loans	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Total fair value measurements	0	0
Impaired loans	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total fair value measurements	1,846	140
Impaired loans	1,846	140
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member]
Investment securities available for sale	3,074	3,882
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member] | Fair Value, Recurring [Member]
Investment securities available for sale	3,074	3,882
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	3,074	3,882
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	0	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member]
Investment securities available for sale	119	151
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member] | Fair Value, Recurring [Member]
Investment securities available for sale	119	151
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Investment securities available for sale	0	0
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	119	151
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Investment securities available for sale	$ 0	$ 0

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, 2022 USD ($)	Dec. 31, 2021 USD ($)
Impaired loans, fair value		$ 1,846	$ 140
Impaired Loans [Member]
Unobservable input, range	[1],[2]	0.08	0.08
[1]Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percentage of the appraisal.[2]Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are identifiable.

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, 2022	Dec. 31, 2021
Investment in interest-earning time deposits		$ 8,091
FRB long-term borrowings		3,895
Reported Value Measurement [Member]
Investment in interest-earning time deposits	$ 5,569	7,924
Loans held for sale	88,400	107,823
Loans receivable, net	579,154	403,966
Deposits	547,114	447,166
FHLB long-term borrowings	83,022	23,193
Subordinated debt	7,958	7,933
FRB long-term borrowings		3,895
Estimate of Fair Value Measurement [Member]
Investment in interest-earning time deposits	5,635
Loans held for sale	95,437	112,843
Loans receivable, net	553,379	409,203
Deposits	547,151	446,576
FHLB long-term borrowings	82,791	23,231
Subordinated debt	7,911	8,312
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Investment in interest-earning time deposits	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
Deposits	370,886	267,255
FHLB long-term borrowings	0	0
Subordinated debt	0	0
FRB long-term borrowings		0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Investment in interest-earning time deposits	0	0
Loans held for sale	95,437	112,843
Loans receivable, net	0	0
Deposits	0	0
FHLB long-term borrowings	0	0
Subordinated debt	0	0
FRB long-term borrowings		0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Investment in interest-earning time deposits	5,635	8,091
Loans held for sale	0	0
Loans receivable, net	553,379	409,203
Deposits	176,265	179,321
FHLB long-term borrowings	82,791	23,231
Subordinated debt	$ 7,911	8,312
FRB long-term borrowings		$ 3,895

Note 12 - Operating Segments (D

Note 12 - Operating Segments (Details Textual)	9 Months Ended
	Sep. 30, 2022
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, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Net Interest Income (Loss)		$ 6,657,000	$ 5,014,000	$ 17,944,000	$ 13,379,000
Provision for Loan Losses		655,000	557,000	1,933,000	1,259,000
Net Interest Income (Loss) after Provision for Loan Losses		6,002,000	4,457,000	16,011,000	12,120,000
Insurance commissions		152,000	133,000	407,000	373,000
Income from bank-owned life insurance		23,000	21,000	66,000	61,000
Net gain on loans held for sale		4,281,000	1,866,000	11,349,000	4,416,000
Gain on the sale of SBA loans		58,000	369,000	225,000	636,000
Total Non-Interest Income		5,973,000	3,585,000	15,814,000	8,885,000
Salaries and employee benefits		5,335,000	4,100,000	14,817,000	10,939,000
Directors’ fees and expenses		67,000	58,000	210,000	186,000
Occupancy and equipment		477,000	379,000	1,363,000	1,143,000
Data processing		140,000	234,000	500,000	641,000
Professional fees		257,000	107,000	669,000	488,000
FDIC deposit insurance assessment		225,000	97,000	454,000	221,000
Other real estate owned expenses		0	2,000	0	14,000
Advertising		169,000	110,000	531,000	337,000
Amortization of Intangible Assets		12,000	12,000	36,000	36,000
Other		636,000	326,000	1,509,000	974,000
Total Non-Interest Expense		7,318,000	5,425,000	20,089,000	14,979,000
Pretax Segment Profit		4,657,000	2,617,000	11,736,000	6,026,000
Segment Assets		707,260,000	535,866,000	707,260,000	535,866,000	$ 554,115,000
Gain on sale of investment securities available for sale		0	0	0	362,000
Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		760,000	604,000	2,221,000	1,657,000
Real Estate Sales Commissions [Member]
Non-interest revenue		88,000	79,000	213,000	143,000
Other Fees and Services Fees [Member]
Non-interest revenue		131,000	38,000	379,000	211,000
Loan Servicing Fee [Member]
Non-interest revenue		480,000	475,000	954,000	1,026,000
Quaint Oak Bank [Member]
Net Interest Income (Loss)	[1]	6,766,000	5,022,000	18,160,000	13,476,000
Provision for Loan Losses	[1]	655,000	557,000	1,933,000	1,259,000
Net Interest Income (Loss) after Provision for Loan Losses	[1]	6,111,000	4,465,000	16,227,000	12,217,000
Insurance commissions	[1]	152,000	133,000	407,000	373,000
Income from bank-owned life insurance	[1]	23,000	21,000	66,000	61,000
Net gain on loans held for sale	[1]	891,000	843,000	2,828,000	2,283,000
Gain on the sale of SBA loans	[1]	58,000	369,000	225,000	636,000
Total Non-Interest Income	[1]	1,448,000	1,875,000	4,571,000	5,158,000
Salaries and employee benefits	[1]	3,547,000	2,867,000	10,213,000	7,942,000
Directors’ fees and expenses	[1]	67,000	58,000	210,000	186,000
Occupancy and equipment	[1]	323,000	295,000	975,000	895,000
Data processing	[1]	140,000	234,000	500,000	641,000
Professional fees	[1]	240,000	67,000	625,000	356,000
FDIC deposit insurance assessment	[1]	225,000	97,000	454,000	221,000
Other real estate owned expenses	[1]	0	2,000	0	14,000
Advertising	[1]	95,000	75,000	265,000	224,000
Amortization of Intangible Assets	[1]	12,000	12,000	36,000	36,000
Other	[1]	314,000	288,000	990,000	858,000
Total Non-Interest Expense	[1]	4,963,000	3,995,000	14,268,000	11,373,000
Pretax Segment Profit	[1]	2,596,000	2,345,000	6,530,000	6,002,000
Segment Assets	[1]	683,882,000	520,005,000	683,882,000	520,005,000
Gain on sale of investment securities available for sale				0	362,000
Quaint Oak Bank [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		173,000	332,000	600,000	990,000
Quaint Oak Bank [Member] | Real Estate Sales Commissions [Member]
Non-interest revenue	[1]	88,000	79,000	213,000	143,000
Quaint Oak Bank [Member] | Other Fees and Services Fees [Member]
Non-interest revenue	[1]	57,000	36,000	221,000	182,000
Quaint Oak Bank [Member] | Loan Servicing Fee [Member]
Non-interest revenue		6,000	62,000	11,000	128,000
Quaint Oak Bank, Mortgage [Member]
Net Interest Income (Loss)		(109,000)	(8,000)	(216,000)	(97,000)
Provision for Loan Losses		0	0	0	0
Net Interest Income (Loss) after Provision for Loan Losses		(109,000)	(8,000)	(216,000)	(97,000)
Insurance commissions		0	0	0	0
Income from bank-owned life insurance		0	0	0	0
Net gain on loans held for sale		3,390,000	1,023,000	8,521,000	2,133,000
Gain on the sale of SBA loans		0	0	0	0
Total Non-Interest Income		4,525,000	1,710,000	11,243,000	3,727,000
Salaries and employee benefits		1,788,000	1,233,000	4,604,000	2,997,000
Directors’ fees and expenses		0	0	0	0
Occupancy and equipment		154,000	84,000	388,000	248,000
Data processing		0	0	0	0
Professional fees		17,000	40,000	44,000	132,000
FDIC deposit insurance assessment		0	0	0	0
Other real estate owned expenses		0	0	0	0
Advertising		74,000	35,000	266,000	113,000
Amortization of Intangible Assets		0	0	0	0
Other		322,000	38,000	519,000	116,000
Total Non-Interest Expense		2,355,000	1,430,000	5,821,000	3,606,000
Pretax Segment Profit		2,061,000	272,000	5,206,000	24,000
Segment Assets		23,378,000	15,861,000	23,378,000	15,861,000
Gain on sale of investment securities available for sale				0	0
Quaint Oak Bank, Mortgage [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		587,000	272,000	1,621,000	667,000
Quaint Oak Bank, Mortgage [Member] | Real Estate Sales Commissions [Member]
Non-interest revenue		0	0	0	0
Quaint Oak Bank, Mortgage [Member] | Other Fees and Services Fees [Member]
Non-interest revenue		74,000	2,000	158,000	29,000
Quaint Oak Bank, Mortgage [Member] | Loan Servicing Fee [Member]
Non-interest revenue		$ 474,000	413,000	$ 943,000	898,000
Mortgage Banking and Abstract Fees [Member]
Non-interest revenue			$ 604,000		$ 1,657,000
[1]Includes Quaint Oak Bancorp, Inc. and the Bank’s subsidiaries, Quaint Oak Mortgage, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, QOB Properties, and Oakmont Commercial.