Quaint Oak Bancorp (QNTO) 10-K 31 Mar 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Mar. 21, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Registrant Name	QUAINT OAK BANCORP, INC.
Document, Type	10-K
Document, Annual Report	true
Document, Period End Date	Dec. 31, 2022
Document, Transition Report	false
Entity, File Number	000-52694
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
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
Title of 12(g) Security	Common Stock, $.01 par value per share
Entity, Well-known Seasoned Issuer	No
Entity, Voluntary Filers	No
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
ICFR Auditor Attestation Flag	false
Entity, Shell Company	false
Entity, Public Float			$ 32.3
Entity, Common Stock Shares, Outstanding		2,191,450
Auditor Name	S.R. Snodgrass, P.C.
Auditor Location	Cranberry Township, Pennsylvania
Auditor Firm ID	74
Amendment Flag	false
Entity Central Index Key	0001391933

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets
Due from banks, non-interest-bearing	$ 421	$ 854
Due from banks, interest-bearing	3,472	9,851
Cash and cash equivalents	3,893	10,705
Investment in interest-earning time deposits	3,833	7,924
Investment securities available for sale	2,970	4,033
Loans held for sale	133,222	107,823
Loans receivable, net of allowance for loan losses (2022 $7,678; 2021 $5,262)	621,864	403,966
Accrued interest receivable	3,462	3,139
Investment in Federal Home Loan Bank stock, at cost	6,601	2,178
Bank-owned life insurance	4,226	4,137
Premises and equipment, net	2,775	2,653
Goodwill	2,573	2,573
Other intangible, net of accumulated amortization	174	222
Other real estate owned, net	0	0
Prepaid expenses and other assets	6,757	4,762
Total Assets	792,350	554,115
Liabilities
Non-interest bearing	88,728	64,731
Interest-bearing	460,520	382,435
Total deposits	549,248	447,166
Federal Home Loan Bank short-term borrowings	93,200	26,000
Federal Home Loan Bank long-term borrowings	66,022	23,193
Federal Reserve Bank long-term borrowings	7,000	3,895
Other short-term borrowings	5,489	0
Subordinated debt	7,966	7,933
Accrued interest payable	584	174
Advances from borrowers for taxes and insurance	4,186	2,856
Accrued expenses and other liabilities	9,573	5,989
Total Liabilities	743,268	517,206
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; 2,167,613 and 2,011,313 outstanding at December 31, 2022 and 2021, respectively	28	28
Additional paid-in capital	17,906	15,685
Treasury stock, at cost: 609,637 and 765,937 shares at December 31, 2022 and 2021, respectively	(3,992)	(4,977)
Accumulated other comprehensive (loss) income	(24)	23
Retained earnings	30,875	24,030
Total Quaint Oak Bancorp, Inc. Stockholders’ Equity	44,793	34,789
Noncontrolling Interest	4,289	2,120
Total Stockholders’ Equity	49,082	36,909
Total Liabilities and Stockholders’ Equity	$ 792,350	$ 554,115

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans receivable, allowance for loan losses	$ 7,678	$ 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)	2,167,613	2,011,313
Treasury stock, at cost, shares (in shares)	609,637	765,937

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Interest Income
Interest on loans, including fees	$ 31,781,000	$ 24,592,000
Interest and dividends on investment securities, interest-bearing deposits with others, and Federal Home Loan Bank stock	685,000	403,000
Total Interest Income	32,466,000	24,995,000
Interest Expense
Interest on deposits	6,043,000	3,063,000
Interest on Federal Home Loan Bank short-term borrowings	737,000	31,000
Interest on Federal Home Loan Bank long-term borrowings	1,355,000	518,000
Interest on Federal Reserve Bank borrowings	15,000	81,000
Interest on other short-term borrowings	107,000	162,000
Interest on subordinated debt	520,000	520,000
Total Interest Expense	8,777,000	4,375,000
Net Interest Income	23,689,000	20,620,000
Provision for Loan Losses	2,475,000	2,201,000
Net Interest Income after Provision for Loan Losses	21,214,000	18,419,000
Non-Interest Income
Insurance commissions	593,000	509,000
Income from bank-owned life insurance	89,000	83,000
Net gain on loans held for sale	12,500,000	6,881,000
Gain on the sale of SBA loans	310,000	1,147,000
Gain on sale of investment securities available for sale	0	362,000
Loss on sales and write-downs of other real estate owned	0	(73,000)
Total Non-Interest Income, net	19,411,000	11,982,000
Non-Interest Expense
Salaries and employee benefits	20,137,000	15,538,000
Directors’ fees and expenses	286,000	252,000
Occupancy and equipment	1,904,000	1,621,000
Data processing	690,000	901,000
Professional fees	748,000	659,000
FDIC deposit insurance assessment	658,000	331,000
Advertising	568,000	351,000
Amortization of other intangible	49,000	49,000
Other	2,220,000	1,385,000
Total Non-Interest Expense	27,260,000	21,087,000
Income before Income Taxes	13,365,000	9,314,000
Income Taxes	3,054,000	2,492,000
Net Income	10,311,000	6,822,000
Net income attributable to noncontrolling interest	2,448,000	418,000
Net Income Attributable to Quaint Oak Bancorp, Inc.	$ 7,863,000	$ 6,404,000
Earnings per share – basic (in dollars per share)	$ 3.85	$ 3.21
Average shares outstanding - basic (in shares)	2,042,740	1,995,468
Earnings per share - diluted (in dollars per share)	$ 3.65	$ 3.06
Average shares outstanding - diluted (in shares)	2,152,889	2,093,108
Mortgage Banking and Abstract Fees [Member]
Non-Interest Income
Non-interest revenue	$ 3,103,000	$ 2,499,000
Real Estate Sales Commissions [Member]
Non-Interest Income
Non-interest revenue	298,000	170,000
Other Fees and Services Fees [Member]
Non-Interest Income
Non-interest revenue	650,000	255,000
Loan Servicing Fee [Member]
Non-Interest Income
Non-interest revenue	$ 1,868,000	$ 149,000

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net Income	$ 10,311	$ 6,822
Unrealized (losses) gains on investment securities available for sale	(59)	242
Income tax effect	12	(51)
Reclassification adjustment for gain on sale of investment securities included in net income	0	(362)
Income tax effect	0	76
Total other comprehensive loss	(47)	(95)
Total Comprehensive Income	10,264	6,727
Comprehensive Income Attributable to Noncontrolling Interest	2,448	418
Comprehensive Income Attributable to Quaint Oak Bancorp, Inc.	$ 7,816	$ 6,309

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	The 401(k) Plan [Member] Common Stock Outstanding [Member]	The 401(k) Plan [Member] Additional Paid-in Capital [Member]	The 401(k) Plan [Member] Treasury Stock [Member]	The 401(k) Plan [Member]	Stock Incentive Plans [Member] Common Stock Outstanding [Member]	Stock Incentive Plans [Member] Additional Paid-in Capital [Member]	Stock Incentive Plans [Member] Treasury Stock [Member]	The 2008 Stock Option Plan [Member] Common Stock Outstanding [Member]	The 2008 Stock Option Plan [Member] Additional Paid-in Capital [Member]	The 2008 Stock Option Plan [Member] Treasury Stock [Member]	The 2008 Stock Option Plan [Member]	Common Stock Outstanding [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Unallocated Common Stock Held by Benefit Plans [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [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		$ 28,728,000
Common stock allocated by ESOP													134,000						185,000
Contribution of shares to ESOP from Treasury (in shares)												4,000
Contribution of shares to ESOP from Treasury													56,000	24,000					80,000
Treasury stock purchased (in shares)												(1,398)
Treasury stock purchased														(25,000)					(25,000)
Reissuance of treasury stock (in shares)	5,262				9,421			7,500
Reissuance of treasury stock		$ 63,000	$ 33,000	$ 96,000		$ (58,000)	$ 58,000		$ 40,000	$ 47,000	$ 87,000
Stock based compensation expense													168,000						168,000
Noncontrolling interest initial contribution																		1,702,000	1,702,000
Cash dividends declared, per share																			(839,000)
Net income																	6,404,000	418,000	6,822,000
Other comprehensive income, net																(95,000)			(95,000)
Net income attributable to noncontrolling interest																			418,000
Net income																			$ 6,404,000
BALANCE – DECEMBER 31, 2021 (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)	0	23,000	24,030,000	2,120,000	$ 36,909,000
Contribution of shares to ESOP from Treasury (in shares)												16,000
Contribution of shares to ESOP from Treasury													244,000	99,000					343,000
Treasury stock purchased (in shares)												(2,147)
Treasury stock purchased														(49,000)					(49,000)
Reissuance of treasury stock (in shares)	4,420				9,123			23,000				105,904
Reissuance of treasury stock		$ 73,000	$ 27,000	$ 100,000		$ (57,000)	$ 57,000		$ 69,000	$ 192,000	$ 261,000		1,724,000	659,000					2,383,000
Stock based compensation expense													168,000						168,000
Cash dividends declared, per share																	(1,018,000)		(1,018,000)
Net income																			10,311,000
Other comprehensive income, net																(47,000)			(47,000)
Net income attributable to noncontrolling interest																		2,448,000	2,448,000
Noncontrolling interest distribution																		(279,000)	(279,000)
Net income																	7,863,000		$ 7,863,000
BALANCE – DECEMBER 31, 2021 (in shares) at Dec. 31, 2022												2,167,613							2,167,613
Balance at Dec. 31, 2022												$ 28,000	$ 17,906,000	$ (3,992,000)	$ 0	$ (24,000)	$ 30,875,000	$ 4,289,000	$ 49,082,000

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash dividends declared, per share (in dollars per share)	$ 0.50	$ 0.42

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash Flows from Operating Activities
Net income	$ 10,311,000	$ 6,822,000
Adjustments to reconcile net income to net cash used in operating activities:
Provision for loan losses	2,475,000	2,201,000
Depreciation expense	437,000	344,000
Amortization of operating right-of-use assets	325,000	164,000
Amortization of subordinated debt issuance costs	34,000	34,000
Amortization of other intangible	49,000	49,000
Net amortization of securities premiums	0	6,000
Accretion of deferred loan fees and costs, net	(1,944,000)	(4,988,000)
Deferred income taxes	(222,000)	(336,000)
Stock-based compensation expense	511,000	433,000
Net realized loss on sale of foreclosed real estate	0	73,000
Gain on sale of investment securities available for sale	0	(362,000)
Net gain on loans held for sale	(12,500,000)	(6,881,000)
Loans held for sale-originations	(521,710,000)	(406,216,000)
Loans held for sale-proceeds	508,811,000	369,379,000
Gain on the sale of SBA loans	(310,000)	(1,147,000)
Increase in the cash surrender value of bank-owned life insurance	(89,000)	(83,000)
Changes in assets and liabilities which provided (used) cash:
Accrued interest receivable	(323,000)	(85,000)
Prepaid expenses and other assets	(2,085,000)	1,603,000
Accrued interest payable	410,000	(262,000)
Accrued expenses and other liabilities	3,582,000	1,891,000
Net Cash Used in Operating Activities	(12,238,000)	(37,361,000)
Cash Flows from Investing Activities
Purchase of interest-earning time deposits	(2,133,000)	(2,467,000)
Redemption of interest-earning time deposits	6,224,000	4,006,000
Principal repayments on investment securities available for sale	1,004,000	1,066,000
Proceeds from the sales of investment securities available for sale	0	5,862,000
Net increase in loans receivable	(218,119,000)	(42,536,000)
Purchase of Federal Home Loan Bank stock	(10,980,000)	(1,113,000)
Redemption of Federal Home Loan Bank stock	6,557,000	600,000
Proceeds from the sale of foreclosed real estate	0	563,000
Acquisition, net of cash acquired	0	1,259,000
Capitalized expenditures on other real estate owned	0	(350,000)
Purchase of premises and equipment	(560,000)	(619,000)
Net Cash Used in Investing Activities	(218,007,000)	(33,729,000)
Cash Flows from Financing Activities
Net increase in demand deposits, money markets, and savings accounts	84,041,000	111,838,000
Net (decrease) increase in certificate accounts	18,041,000	(19,517,000)
Increase (decrease) in advances from borrowers for taxes and insurance	1,330,000	370,000
Proceeds from Federal Home Loan Bank short-term borrowings	198,500,000	26,000,000
Repayment of Federal Home Loan Bank short-term borrowings	(131,300,000)	(10,000,000)
Proceeds from Federal Home Loan Bank long-term borrowings	79,000,000	0
Repayment of Federal Home Loan Bank long-term borrowings	(36,171,000)	(5,000,000)
Proceeds from Federal Reserve Bank borrowings	60,200,000	0
Repayment of Federal Reserve Bank borrowings	(57,095,000)	(44,239,000)
Proceeds from other short-term borrowings	5,489,000	0
Repayment of other short-term borrowings	0	(10,889,000)
Dividends paid	(1,018,000)	(839,000)
Noncontrolling interest capital distribution	(279,000)	0
Purchase of treasury stock	(49,000)	(25,000)
Proceeds from the exercise of stock options	261,000	87,000
Net Cash Provided by Financing Activities	223,433,000	47,882,000
Net Decrease in Cash and Cash Equivalents	(6,812,000)	(23,208,000)
Cash and Cash Equivalents – Beginning of Year	10,705,000	33,913,000
Cash and Cash Equivalents – End of Year	3,893,000	10,705,000
Supplementary Disclosure of Cash Flow and Non-Cash Information:
Cash payments for interest	8,367,000	4,563,000
Cash payments for income taxes	2,900,000	2,293,000
Initial recognition of operating lease right-of use assets	1,050,000	670,000
Initial recognition of operating lease obligations	1,050,000	670,000
Stock for Capital Raise [Member]
Cash Flows from Financing Activities
Proceeds from the reissuance of treasury stock	2,383,000	0
Stock Excluding Issuance for Capital Raise [Member]
Cash Flows from Financing Activities
Proceeds from the reissuance of treasury stock	$ 100,000	$ 96,000

Note 1 - Nature of Operations

Note 1 - Nature of Operations	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Nature of Operations [Text Block]	Note 1 The consolidated financial statements include the accounts of Quaint Oak Bancorp, Inc., a Pennsylvania chartered corporation (the “Company” or “Quaint Oak Bancorp”) and its wholly owned subsidiary, Quaint Oak Bank, a Pennsylvania chartered stock savings bank (the “Bank”), along with its wholly owned subsidiaries. At December 31, 2022, six July 2009. February, 2019, July 2012 August 2016 October 2021 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

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 2 Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates. The Company’s most significant estimates are the determination of the allowance for loan losses and valuation of deferred tax assets. Significant Group Concentrations of Credit Risk The Bank has a significant concentration of loans in Philadelphia County, Pennsylvania. The concentration of credit by type of loan is set forth in Note 7. December 31, 2022, one December 31, 2022, Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include non-interest earning and interest-earning demand deposits and money market accounts with various financial institutions, all of which mature within ninety Investment Securities Management determines the appropriate classification of debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not Securities classified as held to maturity are those debt securities the Company has both the intent and ability to hold to maturity regardless of the changes in market conditions, liquidity needs, or changes in general economic conditions. These securities are carried at cost adjusted for amortization of premium and accretion of discount, which are recognized in interest income using the interest method over the terms of the securities. The Company follows the accounting guidance related to recognition and presentation of other-than-temporary impairment. This accounting guidance specifies that (a) if a company does not not not not not not not December 31, 2022 2021. Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (FHLB) system to hold restricted stock of its district Federal Home Loan Bank according to a predetermined formula. FHLB stock is carried at cost and evaluated for impairment. When evaluating FHLB stock for impairment, its value is determined based on the ultimate recoverability of the par value of the stock. We evaluate our holdings of FHLB stock for impairment each reporting period. No impairment charges were recognized on FHLB stock during the years ended December 31, 2022 2021. Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees. Interest income is accrued on the unpaid principal balance. Loan origination fees and costs are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Bank is generally amortizing these amounts over the contractual life of the loan. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans, commercial business, and consumer loans. The residential loan segment has two one four one four five The accrual of interest is generally discontinued when principal or interest has become 90 no Allowance for Loan Losses The allowance for loan losses represents management’s estimate of losses inherent in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. All, or part, of the principal balance of loans receivable are charged off to the allowance as soon as it is determined that the repayment of all, or part, of the principal balance is highly unlikely. Because all identified losses are immediately charged off, no The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may The allowance consists of specific, general and unallocated components. The specific component relates to loans that are identified as impaired. For loans that are identified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may existing general economic and business conditions affecting our primary lending areas, credit quality trends, collateral value, loan volumes and concentrations, seasoning of the loan portfolio, recent loss experience in particular segments of the portfolio, duration of the current business cycle and bank regulatory examination results. The applied loss factors are re-evaluated quarterly to ensure their relevance in the current economic environment. Residential mortgage lending generally entails a lower risk of default than other types of lending. Consumer loans and commercial real estate loans generally involve more risk of collectability because of the type and nature of the collateral and, in certain cases, the absence of collateral. It is the Company’s policy to establish a specific reserve for loss on any delinquent loan when it determines that a loss is probable. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not A loan is considered a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor’s financial difficulties, grants a concession to the debtor that it would not For loans secured by real estate, estimated fair values are determined primarily through third The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one four substandard, doubtful and loss. Loans criticized as special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may not may may not Loans Held for Sale Loans originated by the Bank’s mortgage banking subsidiary, Quaint Oak Mortgage, LLC, are intended for sale in the secondary market and are carried at the lower of cost or fair value (LOCOM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in noninterest income, and direct loan origination costs, commissions and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan. Oakmont Capital Holdings, LLC originates commercial business loans for the purchase of business essential equipment for sale primarily to other financial institutions. Bank Owned Life Insurance ( BOLl ) The Company purchases bank owned life insurance as a mechanism for funding various employee benefit costs. The Company is the beneficiary of these policies that insure the lives of certain officers of its subsidiaries. The Company has recognized the cash surrender value under the insurance policies as an asset in the Consolidated Balance Sheets. Changes in the cash surrender value are recorded in non-interest income in the Consolidated Statements of Income. Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the expected useful lives of the related assets that range from three thirty-nine Intangible Assets Intangible assets on the consolidated balance sheets represent the acquisition by Quaint Oak Insurance Agency of the renewal rights to a book of business on August 1, 2016 ten The Company will complete a goodwill and other intangible asset analysis at least on an annual basis or more often if events and circumstances indicate that there may Other Real Estate Owned Other real estate owned or foreclosed assets are comprised of property acquired through a foreclosure proceeding or acceptance of a deed in lieu of foreclosure and loans classified as in-substance foreclosures. A loan is classified as in-substance foreclosure when the Bank has taken possession of the collateral regardless of whether formal foreclosure proceedings take place. Other real estate properties are initially recorded at fair value, net of estimated selling costs at the date of foreclosure, establishing a new cost basis. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of cost or fair value less estimated costs to sell. Net revenue and expenses from operations and additions to the valuation allowance are included in other expenses. The Company held no other real estate owned (OREO) at December 31, 2022 December 31, 2021. Mortgage Servicing Rights Included in other assets are mortgage servicing rights recognized as separate assets when mortgage loans are sold and the servicing rights are retained. These capitalized mortgage servicing rights are amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing period of the underlying mortgage loans. Mortgage servicing rights totaled $330,000 and $323,000 at December 31, 2022 2021, December 31, 2022 2021, Advertising Costs The Company expenses all advertising costs as incurred. Advertising costs are included in non-interest expense on the Consolidated Statements of Income. Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not Income Taxes Deferred income taxes are provided on the liability method whereby deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not The Company follows guidance related to accounting for uncertainty in income taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. A tax position is recognized as a benefit only if it is more likely than not 50 not not no no December 31, 2022 2021. no January 1, 2019. Comprehensive Income Accounting principles generally accepted in the United States of America require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the stockholders’ equity section of the balance sheet, such items, along with net income, are components of comprehensive income. Treasury Stock and Unallocated Common Stock The acquisition of treasury stock by the Company, including unallocated stock held by certain benefit plans, is recorded under the cost method. At the date of subsequent reissue, treasury stock is reduced by the cost of such stock based on an average cost method with any excess proceeds credited to additional paid-in capital. Share-Based Compensation Stock compensation accounting guidance requires that the compensation cost relating to share-based payment transactions be recognized in financial statements. That cost is measured based on the grant date fair value of the equity or liability instruments issued. The stock compensation accounting guidance covers a wide range of share-based compensation arrangements including stock option and restricted share plans. The stock compensation accounting guidance requires that compensation cost for all stock awards be calculated and recognized over the employees’ service period, generally defined as the vesting period. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. A Black-Scholes model is used to estimate the fair value of stock options, while the closing price of the Company’s common stock on the grant date is used for restricted stock awards. At December 31, 2022, three 2008 2013 2018 May 2013 2018. 14. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 14. Earnings Per Share Amounts reported in earnings per share reflect earnings available to common stockholders for the period divided by the weighted average number of shares of common stock outstanding during the period, exclusive of unearned ESOP shares, unvested restricted stock (RRP) shares and treasury shares. Stock options and unvested restricted stock are regarded as potential common stock and are considered in the diluted earnings per share calculations to the extent they would have a dilutive effect if converted to common stock, computed using the “treasury stock” method. Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers ( Topic 606 ) 606, The Company’s primary sources of revenue are derived from interest and dividends earned on loans and investment securities, mortgage banking revenue, including gains on the sale of mortgage loans, income from bank-owned life insurance, and other financial instruments that are not 606. Other Fees and Service Charges Abstract Title Fees Real Estate Sales Commissions, Net Insurance Commissions : the underlying policy premium. The Bank estimates the variable consideration based upon the “most likely amount” method, and does not one no Off-Balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit. Such financial instruments are recorded in the consolidated balance sheet when they are funded. Reclassifications Certain items in the 2021 2022 not Recent Accounting Pronouncements Not In June 2016, 2016 13, 2016 13 December 15, 2022, December 15, 2018. first one first one As a result of adopting this standard, effective January 1, 2023, 2016 13 not In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 2, not December 15, 2019. November 2019, 2019 10, Financial Instruments Credit Losses (Topic 326 815 842 350, Intangibles Goodwill and Other 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, Financial Instruments Credit Losses (Topic 326 815 842 944 , Financial Services Insurance December 15, 2021, December 15, 2023, December 15, 2024. not In March 2020, 2020 04, Reference Rate Reform (Topic 848 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, 326 326 326 2016 13 December 15, 2022. not

Note 3 - Earnings Per Share

Note 3 - Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 3 Earnings Per Share Earnings per share (“EPS”) consists of two not December 31, 2022 2021, 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 Year Ended December 31, 2022 2021 Net Income $ 7,863,000 $ 6,404,000 Weighted average shares outstanding – basic 2,042,740 1,995,468 Effect of dilutive common stock equivalents 110,149 97,639 Adjusted weighted average shares outstanding – diluted 2,152,889 2,093,108 Basic earnings per share $ 3.85 $ 3.21 Diluted earnings per share $ 3.65 $ 3.06

Note 4 - Accumulated Other Comp

Note 4 - Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	Note 4 Accumulated Other Comprehensive (Loss) Income The following table presents the changes in accumulated other comprehensive (loss) income by component, net of tax, for the years ended December 31, 2022 2021 Unrealized Losses on Investment Securities Available for Sale (1) 2022 2021 Balance beginning of the year $ 23 $ 118 Other comprehensive (loss) income before reclassifications (47 ) 191 Amount reclassified from accumulated other comprehensive (loss) income - (286 ) Total other comprehensive loss (47 ) (95 ) Balance end of the year $ (24 ) $ 23 _______________________ ( 1 All amounts are net of tax. Amounts in parentheses indicate debits. The following table presents significant amounts reclassified out of each component of accumulated other comprehensive income for the years ended December 32, 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 Year Ended December 31, 2022 2021 Sale of securities available for sale $ - $ 362 Gain on sales of investment securities Tax effect - (76 ) Income taxes Total reclassification for the period $ - $ 286 _______________________ ( 1

Note 5 - Investment in Interest

Note 5 - Investment in Interest-earning Time Deposits	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Investments and Other Noncurrent Assets [Text Block]	Note 5 Investment in Interest-Earning Time Deposits The investment in interest-earning time deposits as of December 31, 2022 2021, 2022 2021 Due in one year or less $ 2,541 $ 4,487 Due after one year through five years 1,292 3,437 Total $ 3,833 $ 7,924

Note 6 - Investment Securities

Note 6 - Investment Securities Available for Sale	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 6 Investment Securities Available for Sale The amortized cost, gross unrealized gains and losses, and fair value of investment securities available for sale at December 31, 2022 2021 December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 2,902 $ -- $ (31 ) $ 2,871 Federal National Mortgage Association securities 98 1 -- 99 Total available-for-sale-securities $ 3,000 $ 1 $ (31 ) $ 2,970 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 and debt securities at December 31, 2022, may Available for Sale Amortized Cost Fair Value Due after ten years $ 3,000 $ 2,970 Total $ 3,000 $ 2,970 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 December 31, 2022 ( December 31, 2022 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Government National Mortgage Association securities 11 $ 2,871 $ (31 ) $ -- $ -- $ 2,871 $ (31 ) At December 31, 2022, may December 31, 2022 2021.

Note 7 - Loans Receivable, Net

Note 7 - Loans Receivable, Net and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Financing Receivables [Text Block]	Note 7 The composition of net loans receivable is as follows (in thousands): December 31, 2022 December 31, 2021 Real estate loans: One-to-four family residential: Owner occupied $ 18,070 $ 9,779 Non-owner occupied 39,315 38,752 Total one-to-four family residential 57,385 48,531 Multi-family (five or more) residential 46,909 29,344 Commercial real estate 333,540 183,822 Construction 28,938 15,843 Home equity 4,918 4,706 Total real estate loans 471,690 282,246 Commercial business 159,069 129,608 Other consumer 2 12 Total Loans 630,761 411,866 Deferred loan fees and costs (1,219 ) (2,638 ) Allowance for loan losses (7,678 ) (5,262 ) Net Loans $ 621,864 $ 403,966 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 December 31, 2022 2021 December 31, 2022 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 17,663 $ 407 $ - $ - $ 18,070 One-to-four family residential non-owner occupied 39,315 - - - 39,315 Multi-family residential 45,201 - 1,708 - 46,909 Commercial real estate 333,406 - 134 - 333,540 Construction 28,938 - - - 28,938 Home equity 4,918 - - - 4,918 Commercial business 153,746 2,908 2,415 - 159,069 Other consumer 2 - - - 2 Total $ 623,189 $ 3,315 $ 4,257 $ - $ 630,761 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 December 31, 2022 December 31, 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 7 9 -- 7 -- Multi-family residential 1,708 1,722 -- 1,708 -- Commercial real estate 129 129 -- 130 12 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 134 134 118 136 9 Construction -- -- -- -- -- Home equity -- -- -- -- -- Commercial business 97 97 97 102 6 Other consumer -- -- -- -- -- Total: One-to-four family residential owner occupied $ - $ - $ -- $ -- $ -- One-to-four family residential non-owner occupied 7 9 -- 7 -- Multi-family residential 1,708 1,722 -- 1,708 -- Commercial real estate 263 263 118 266 21 Construction -- -- -- -- -- Home equity -- -- -- -- -- Commercial business 97 97 97 102 6 Other consumer -- -- -- -- -- Total $ 2,075 $ 2,091 $ 215 $ 2,083 $ 27 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 December 31, 2022, two December 31, 2022. December 31, 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 December 31, 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 year ended December 31, 2022 December 31, 2022 ( December 31, 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 Allowance for loan losses: Beginning balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Charge-offs - - - - - - (59 ) - (59 ) Recoveries - - - - - - - - - Provision 50 3 202 1,275 185 4 856 (100 ) 2,475 Ending balance $ 123 $ 295 $ 451 $ 3,750 $ 304 $ 33 $ 2,325 $ 300 $ 7,678 Ending balance evaluated for impairment: Individually $ - $ - $ - $ 118 $ - $ - $ 97 $ - $ 215 Collectively $ 123 $ 295 $ 451 $ 3,632 $ 304 $ 33 2,325 $ 300 $ 7,463 Loans receivable: Ending balance $ 18,070 $ 39,315 $ 46,909 $ 333,540 $ 28,938 $ 4,918 $ 159,071 $ 630,761 Ending balance evaluated for impairment: Individually $ - $ 7 $ 1,708 $ 263 $ - $ - $ 97 $ 2,075 Collectively $ 18,070 $ 39,308 $ 45,201 $ 333,277 $ 28,938 $ 4,918 $ 158,974 $ 628,686 The Bank allocated increased allowance for loan loss provisions to the commercial real estate loan portfolio class for the year ended December 31, 2022, December 31, 2022, December 31, 2022, 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 December 31, 2022 2021 December 31, 2022 December 31, 2021 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied - 9 Multi-family residential 1,708 - Commercial real estate 134 - Construction - - Home equity - - Commercial business 97 - Other consumer - - Total $ 1,939 $ 9 Non-performing loans, which consist of non-accruing loans plus accruing loans 90 December 31, 2022 2021, For the years ended December 31, 2022 2021 December 31, 2022 December 31, 2021. The performance and credit quality of the loan portfolio are 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 December 31, 2022 2021 December 31, 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 $ 407 $ - $ 407 $ 17,663 $ 18,070 $ -- One-to-four family residential non-owner occupied 23 -- 23 39,292 39,315 -- Multi-family residential -- 1,708 1,708 45,201 46,909 -- Commercial real estate 2,895 134 3,029 330,511 333,540 -- Construction 2,062 -- 2,062 26,876 28,938 -- Home equity 39 -- 39 4,879 4,918 -- Commercial business 10 97 107 158,962 159,069 51 Other consumer -- -- -- 2 2 -- Total $ 5,436 $ 1,939 $ 7,375 $ 623,386 $ 630,761 $ 51 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 - Premises and Equipment

Note 8 - Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 8 The components of premises and equipment at December 31, 2021 2021 2022 2021 Land and land improvements $ 292 $ 292 Buildings 1,619 1,568 Leasehold improvements 649 584 Furniture, fixtures and equipment 2,892 2,417 5,452 4,861 Accumulated depreciation (2,677 ) (2,208 ) Premises and equipment, net $ 2,775 $ 2,653 Depreciation expense for the years ended December 31, 2022 2021

Note 9 - Goodwill and Other Int

Note 9 - Goodwill and Other Intangible, Net	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 9 Goodwill and Other Intangible, Net On January 4, 2021, second August 1, 2016, ten December 31, 2022 December 31, 2022 2021 Estimated amortization expense of other intangible for the remaining four 2023 $ 49 2024 49 2025 49 Thereafter 27 Total $ 174

Note 10 - Deposits

Note 10 - Deposits	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 10 Deposits and the weighted average interest rate at December 31, 2022 2021 2022 2021 Amount Weighted Average Interest Rate Amount Weighted Average Interest Non-interest bearing checking accounts $ 88,728 -- % $ 64,730 -- % Savings accounts 1,597 0.20 1,838 0.20 Money market accounts 260,972 1.15 200,688 0.56 Certificate of deposit accounts 197,951 2.15 179,910 0.94 Total $ 549,248 1.28 % $ 447,166 0.61 % A summary of certificates of deposit by maturity at December 31, 2022 Years ending December 31: 2023 $ 91,306 2024 48,294 2025 30,159 2026 9,208 2027 18,984 Total $ 197,951 The aggregate amount of certificates of deposit with a minimum denomination of $250,000 December 31, 2022 2021,

Note 11 - Borrowings

Note 11 - Borrowings	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 11 As of December 31, 2022, December 31, 2022 2021, December 31, 2022, December 31, 2022. December 31, 2021. December 31, 2022, no As of December 31, 2022, two two December 31, 2022. Short-term borrowings and the weighted interest rates consist of the following at December 31, 2022 2021 FHLB Short-Term Borrowings At or For the Year Ended December 31, FRB Short-Term Borrowings At or For the Year Ended December 31, Other Short-Term Borrowings At or For the Year Ended December 31, 2022 2021 2022 2021 2022 2021 (Dollars in Thousands) Average balance outstanding $ 31,505 $ 10,405 $ 583 $ - $ 1,601 $ 1,300 Maximum amount outstanding at any month- end during the period 93,200 26,000 7,000 - 5,489 6,986 Balance outstanding at end of period 93,200 26,000 7,000 - 5,489 - Average interest rate during the period 2.34 % 0.30 % 1.65 % - 6.68 % 12.46 % Weighted average interest rate at end of period 4.45 % 0.28 % 4.50 % - 7.11 % - % Federal Home Loan Bank long-term borrowings and the weighted interest rate consist of the following at December 31, 2022 2021 December 31, 2022 December 31, 2021 Fixed rate borrowings maturing: Amount Weighted Interest Rate Amount Weighted Interest Rate 2022 $ -- -- % $ 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 $ 66,022 2.16 % $ 23,193 2.00 % Federal Reserve Bank long-term borrowings increased to $7.0 million at December 31, 2022 December 31, 2021 first 0.35% two

Note 12 - Subordinated Debt

Note 12 - Subordinated Debt	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	Note 12 Subordinated Debt On December 27, 2018, December 31, 2028, first five five may, December 31, 2023, The balance and unamortized issuance costs of subordinated debt at December 31, 2022 Principal Unamortized Debt Issuance Costs Net 6.5% subordinated notes, due December 31, 2028 $ 8,000 $ 34 $ 7,966 All subordinated notes are not

Note 13 - Income Taxes

Note 13 - Income Taxes	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 13 The components of income tax expense for the years ended December 31, 2022 2021 2022 2021 Federal: Current $ 2,263 $ 2,045 Deferred (221 ) (336 ) Total federal 2,042 1,709 State, current 1,012 783 Total $ 3,054 $ 2,492 The following table presents the reconciliation between the reported income tax expense and the income tax expense which would be computed by applying the normal federal income tax rate of 21% December 31, 2022 2021, 2022 2021 Amount Rate Amount Rate Federal income tax at statutory rate $ 2,292 21.0 % $ 1,868 21.0 % State tax, net of federal benefit 800 7.4 618 7.0 Stock compensation expense (22 ) (0.2 ) 20 0.2 Other (16 ) (0.2 ) (14 ) (0.2 ) Total $ 3,054 28.0 % $ 2,492 28.0 % The components of the net deferred tax asset at December 31, 2022 2021 2022 2021 Deferred tax assets: Allowance for loan losses $ 1,612 $ 1,105 Deferred loan fees 256 554 Stock-based compensation 7 6 Unrealized loss on investment securities available for sale 6 -- Interest on non-accrual loans 35 -- Total deferred tax assets 1,916 1,665 Deferred tax liabilities: Bank premises and equipment (219 ) (199 ) Unrealized gain on investment securities available for sale -- (6 ) Intangible (24 ) (21 ) Total deferred tax liabilities (243 ) (226 ) Net Deferred Tax Asset $ 1,673 $ 1,439 The net deferred tax asset at December 31, 2022 2021 December 31, 2022 2021,

Note 14 - Stock Compensation Pl

Note 14 - Stock Compensation Plans	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	Note 14 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%, or 222,180 shares of the Company’s then outstanding common stock in the open market during 2007. September 30, 2021. September 30, 2021, no 2007 During the year ended December 31, 2022, four fourth 2021, December 31, 2022 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 December 31, 2022 2013 2018 2018 2013 2013 2018 five A summary of option activity under the Company’s Option Plan and 2013 2018 December 31, 2022 2021 December 31, 2022 2021 2022 2021 Weighted Weighted Number of Average Grant Number of Average Grant Shares Date Fair Value Shares Date Fair Value Unvested at the beginning of the year 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 year 9,122 $ 13.30 18,845 $ 13.30 Compensation expense on the restricted stock awards is recognized ratably over the five December 31, 2022 2021, December 31, 2022 2021, December 31, 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 December 31, 2022, 2013 2018 2018 2013 none five ten A summary of option activity under the Company’s Option Plan and Stock Incentive Plan for the years ended December 31, 2022 2021 December 31, 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 year 233,136 $ 10.96 4.2 240,636 $ 10.98 5.2 Granted -- -- -- -- -- -- Exercised (23,000 ) 8.55 -- (7,500 ) 11.57 -- Forfeited (14,200 ) 10.96 -- -- -- -- Outstanding at the end of the period 195,396 $ 11.24 3.5 233,136 $ 10.96 4.2 Exercisable at the end of the period 170,009 $ 10.90 6.4 180,081 $ 10.28 5.6 The estimated fair value of the options granted in May 2018 Expected dividend yield 2.11% Risk-free interest rate 2.96% Expected life of options 6.5 years Expected stock-price volatility 12.42% The dividend yield was calculated on the dividend amount and stock price existing at the grant date. The risk free interest rate used was based on the rates of United States Treasury securities with maturities equal to the expected lives of the options. Although the contractual term of the options granted is ten may At December 31, 2022, December 31, 2021, December 31, 2022 December 31, 2021. During both the years ended December 31, 2022 2021, December 31, 2022,

Note 15 - Transactions With Exe

Note 15 - Transactions With Executive Officers and Directors	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 15 Certain directors and executive officers of the Company, their families and their affiliates are customers of the Bank. Any transactions with such parties, including loans and commitments, are in the ordinary course of business at normal terms, including interest rate and collateralization, prevailing at the time and do not None December 31, 2022 2021,

Note 16 - Financial Instruments

Note 16 - Financial Instruments With Off-balance Sheet Risk	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	Note 16 The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. A summary of the Company’s financial instrument commitments at December 31, 2022 2021 2022 2021 Commitments to originate loans $ 36,087 $ 27,871 Unfunded commitments under lines of credit 49,881 38,732 Standby letters of credit 2,601 4,804 Commitments to extend credit are agreements to lend to a customer as long as there is no may not may

Note 17 - Leases

Note 17 - Leases	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	Note 17 The Company leases its office at 501 2016 02, Leases (Topic 842 three 842 The Company has elected to account for the variable nonlease components, such as common area maintenance charges, utilities, real estate taxes, and insurance, separately from the lease component. Such variable nonlease components are reported in net occupancy expense on the Consolidated Statements of Income when paid. These variable nonlease components were excluded from the calculation of the present value of the remaining lease payments, therefore, they are not December 31, 2022 December 31, 2021. Certain of the Company’s leases contain options to renew the lease after the initial term. Management considers the Company's historical pattern of exercising renewal options on leases and the positive performance of the leased locations, when determining whether it is reasonably certain that the leases will be renewed. If management concludes that there is reasonable certainty about the renewal option, it is included in the calculation of the remaining term of each applicable lease. The discount rate utilized in calculating the present value of the remaining lease payments for each lease was the Federal Home Loan Bank of Pittsburgh advance rate corresponding to the remaining maturity of the lease. The following table presents the weighted-average remaining lease term and discount rate for the leases outstanding at December 31, 2022. Operating Weighted average remaining term (years) 13.2 Weighted average discount rate 2.58 % The following table presents the undiscounted cash flows due related to operating leases as of December 31, 2022, Undiscounted cash flows due (In thousands): Operating 2023 $ 332 2024 324 2025 323 2026 332 2027 282 2028 and thereafter 2,163 Total undiscounted cash flows 3,756 Discount on cash flows (593 ) Total lease liabilities $ 3,163 Under Topic 842, not twelve not December 31, 2022, no twelve Rental expense under operating leases totaled approximately $362,000 in 2022 2021.

Note 18 - Regulatory Matters

Note 18 - Regulatory Matters	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	Note 18 The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk-weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth below) of total, Tier 1, 1 1 December 31, 2022, In July 2013 January 1, 2019. 1 1 1 January 1, 2015. 1 January 1, 2015. January 1, 2016 January 1, 2019. increase from 100% to 150% for certain acquisition, development and construction loans and more than 90 1 1 Bank holding companies are generally subject to statutory capital requirements, which were implemented by certain of the new capital regulations described above that became effective on January 1, 2015. On December 27, 2018, 12 1 December 31, 2022 not The Bank’s actual capital amounts and ratios at December 31, 2022 2021 Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2022: Total capital (to risk-weighted assets) $ 60,820 8.49 % $ ≥57,313 ≥8.00 % $ ≥71,642 ≥10.00 % Tier 1 capital (to risk-weighted assets) 53,115 7.41 ≥42,985 ≥6.00 ≥57,313 ≥8.00 Common Equity Tier 1 capital (to risk-weighted assets) 53,115 7.41 ≥32,239 ≥4.50 ≥46,567 ≥6.50 Tier 1 capital (to average assets) 53,115 7.07 ≥30,032 ≥4.00 ≥37,540 ≥5.00 Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2021: Total capital (to risk-weighted assets) $ 45,765 10.69 % $ ≥ ≥ % $ ≥ ≥ % Tier 1 capital (to risk-weighted assets) 40,438 9.45 ≥ ≥ ≥ ≥ Common Equity Tier 1 capital (to risk-weighted assets) 40,438 9.45 ≥19,264 ≥ ≥ ≥ Tier 1 capital (to average assets) 40,438 7.41 ≥21,822 ≥ ≥ ≥ Under the Dodd-Frank Wall Street Reform and Consumer Protection Act the Board of Governors of the Federal Reserve System as the primary regulator for the Company is authorized to extend leverage capital requirements and risk based capital requirements applicable to depository institutions and bank holding companies to thrift holding companies. Legislation adopted in late 2014 Banking regulations place certain restrictions on dividends paid by the Bank to the Company. The Company is dependent upon dividends from the Bank to provide funds for the payment of dividends to the Company’s shareholders, interest payments on the subordinated debt and other general corporate purposes. The Bank’s ability to pay cash dividends directly or indirectly to the Company is governed by federal law, regulations and related guidance. These include the requirement that the Bank must receive approval to declare a dividend if the total amount of all dividends, including the proposed dividend, declared by the Bank in any current year exceeds the total of the Bank’s net income for the current year to date, combined with its retained net income for the previous two The Bank may not may In 2022, not 2021, December 31, 2022, December 31, 2022 2021

Note 19 - Fair Value Measuremen

Note 19 - Fair Value Measurements and Fair Values of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 19 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 18 2022 10 3 The following is a discussion of assets and liabilities measured at fair value on a recurring and non-recurring basis and valuation techniques applied: Investment Securities Available For Sale: 1 2 We may Impaired Loans: 3 Other Real Estate Owned: 3 The table below sets forth the financial assets and liabilities that were accounted for on a recurring and nonrecurring basis by level within the fair value hierarchy as of December 31, 2022 ( December 31, 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 $ 2,871 $ -- $ 2,871 $ -- Federal National Mortgage Association mortgage- backed securities 99 -- 99 -- Total investment securities available for sale $ 2,970 $ -- $ 2,970 $ -- Total recurring fair value measurements $ 2,970 $ -- $ 2,970 $ -- Nonrecurring fair value measurements Impaired loans $ 1,860 $ -- $ -- $ 1,860 Total nonrecurring fair value measurements $ 1,860 $ -- $ -- $ 1,860 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 December 31, 2022 2021 December 31, 2022 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,860 Appraisal of collateral (1) Appraisal adjustments (2) 10% (10%) 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 3 identifiable. ( 2 may average of liquidation expenses and other appraisal adjustments are presented as a percentage of the appraisal. The estimated fair values of the Company’s financial instruments that are not December 31, 2022 2021 Fair Value Measurements at December 31, 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 $ 3,833 $ 3,907 $ -- $ -- $ 3,907 Loans held for sale 133,222 137,253 -- 137,253 -- Loans receivable, net 621,864 600,186 -- -- 600,186 Financial Liabilities Deposits 549,248 551,157 351,297 -- 199,860 FHLB long-term borrowings 66,022 65,846 -- -- 65,846 FRB long-term borrowings 7,000 6,981 - - 6,981 Subordinated debt 7,966 7,886 - - 7,886 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 20 - Operating Segments

Note 20 - Operating Segments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 20 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 present summary financial information for the reportable segments (in thousands): As of or for the Year Ended December 31, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 24,114 $ (425 ) $ 23,689 $ 19,072 $ 1,548 $ 20,620 Provision for Loan Losses 2,475 - 2,475 2,201 - 2,201 Net Interest Income (Loss) after Provision for Loan Losses 21,639 (425 ) 21,214 16,871 1,548 18,419 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 757 2,346 3,103 1,410 1,089 2,499 Real estate sales commissions, net 298 - 298 170 - 170 Insurance commissions 593 - 593 509 - 509 Other fees and services charges 330 320 650 199 56 255 Net loan servicing income 13 1,855 1,868 149 - 149 Income from bank-owned life insurance 89 - 89 83 - 83 Net gain on loans held for sale 3,270 9,230 12,500 3,484 3,397 6,881 Gain on the sale of SBA loans 310 - 310 1,147 - 1,147 Loss on sale of investment securities available for sale - - - 362 - 362 Loss on sales and write-downs of other real estate owned - - - (73 ) - (73 ) Total Non-Interest Income 5,660 13,751 19,411 7,440 4,542 11,982 Non-Interest Expense Salaries and employee benefits 13,828 6,309 20,137 11,181 4,357 15,538 Directors’ fees and expenses 286 - 286 252 - 252 Occupancy and equipment 1,274 630 1,904 1,237 384 1,621 Data processing 690 - 690 901 - 901 Professional fees 668 80 748 511 148 659 FDIC deposit insurance assessment 658 - 658 331 - 331 Advertising 186 382 568 161 190 351 Amortization of other intangible 49 - 49 49 - 49 Other 1,291 929 2,220 1,226 159 1,385 Total Non-Interest Expense 18,930 8,330 27,260 15,849 5,238 21,087 Pretax Segment Profit $ 8,369 $ 4,996 $ 13,365 $ 8,462 $ 852 $ 9,314 Net Income Attributable to Noncontrolling Interest $ 2,448 $ - $ 2,448 $ 418 $ - $ 418 Segment Assets $ 757,688 $ 34,662 $ 792,350 $ 537,276 $ 16,839 $ 554,115 __________________ ( 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.

Note 21 - Quaint Oak Bancorp, I

Note 21 - Quaint Oak Bancorp, Inc. (Parent Company Only)	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	Note 21 Quaint Oak Bancorp, Inc. (Parent Company Only) Condensed financial statements of Quaint Oak Bancorp, Inc. are as follows (in thousands): Balance Sheets December 31, 2022 2021 Assets Cash and cash equivalents $ 284 $ 676 Investment in Quaint Oak Bank 50,966 40,556 Premises and equipment, net 1,432 1,474 Other assets 77 16 Total Assets $ 52,759 $ 42,722 Liabilities and Stockholders’ Equity Subordinated debt $ 7,966 $ 7,933 Stockholders’ equity 44,793 34,789 Total Liabilities and Stockholders’ Equity $ 52,759 $ 42,722 Statements of Income For the Year Ended December 31, 2022 2021 Income Dividends from subsidiary $ - $ 1,000 Interest income - - Rental income 365 314 Total Income 365 1,314 Expenses Occupancy and equipment expense 122 110 Interest on subordinated debt 520 520 Other expenses 158 156 Total Expenses 800 786 Net Income Before Income Taxes (435 ) 528 Equity in Undistributed Net Income of Subsidiary 8,207 5,777 Income (Loss) Tax Benefit 91 99 Net Income $ 7,863 $ 6,404 Comprehensive Income $ 7,816 $ 6,309 Statements of Cash Flows For the Year Ended December 31, 2022 2021 Operating Activities Net income $ 7,863 $ 6,404 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Undistributed net income in subsidiary (8,207 ) (5,777 ) Depreciation expense 53 54 Amortization of subordinated debt issuance costs 34 34 Stock-based compensation expense 511 324 (Increase) decrease in other assets (62 ) - Net cash provided by operating activities 192 1,039 Investing Activities Purchase of property and equipment (12 ) (15 ) Net cash used in investing activities (12 ) (15 ) Financing Activities Dividends paid (1,018 ) (839 ) Proceeds from the reissuance of treasury stock for capital raise 2,383 - Additional Paid-in Capital (2,250 ) - Purchase of treasury stock (49 ) (25 ) Proceeds from the reissuance of treasury stock for 401(k) Plan 100 96 Proceeds from the exercise of stock options 262 87 Net cash used in financing activities (572 ) (681 ) Net Increase (Decrease) in Cash and Cash Equivalents (392 ) 343 Cash and Cash Equivalents-Beginning of Year 676 333 Cash and Cash Equivalents-End of Year $ 284 $ 676

Note 22 - Subsequent Event

Note 22 - Subsequent Event	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Subsequent Events [Text Block]	Note 22 Subsequent Event On March 2, 2023, March 15, 2025 ( March 16, 2023, The Notes bear interest at a fixed annual rate of 8.50%, payable semi-annually in arrears on March 15 September 15 September 15, 2023. March 15, 2025. March 15, 2024,

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates. The Company’s most significant estimates are the determination of the allowance for loan losses and valuation of deferred tax assets.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Significant Group Concentrations of Credit Risk The Bank has a significant concentration of loans in Philadelphia County, Pennsylvania. The concentration of credit by type of loan is set forth in Note 7. December 31, 2022, one December 31, 2022,
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include non-interest earning and interest-earning demand deposits and money market accounts with various financial institutions, all of which mature within ninety
Investment, Policy [Policy Text Block]	Investment Securities Management determines the appropriate classification of debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not Securities classified as held to maturity are those debt securities the Company has both the intent and ability to hold to maturity regardless of the changes in market conditions, liquidity needs, or changes in general economic conditions. These securities are carried at cost adjusted for amortization of premium and accretion of discount, which are recognized in interest income using the interest method over the terms of the securities. The Company follows the accounting guidance related to recognition and presentation of other-than-temporary impairment. This accounting guidance specifies that (a) if a company does not not not not not not not December 31, 2022 2021.
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (FHLB) system to hold restricted stock of its district Federal Home Loan Bank according to a predetermined formula. FHLB stock is carried at cost and evaluated for impairment. When evaluating FHLB stock for impairment, its value is determined based on the ultimate recoverability of the par value of the stock. We evaluate our holdings of FHLB stock for impairment each reporting period. No impairment charges were recognized on FHLB stock during the years ended December 31, 2022 2021.
Financing Receivable [Policy Text Block]	Loans Receivable Loans receivable that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees. Interest income is accrued on the unpaid principal balance. Loan origination fees and costs are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Bank is generally amortizing these amounts over the contractual life of the loan. The loans receivable portfolio is segmented into residential loans, commercial real estate loans, construction loans, commercial business, and consumer loans. The residential loan segment has two one four one four five The accrual of interest is generally discontinued when principal or interest has become 90 no
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses represents management’s estimate of losses inherent in the loan portfolio as of the balance sheet date and is recorded as a reduction to loans. The allowance for loan losses is increased by the provision for loan losses, and decreased by charge-offs, net of recoveries. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance. All, or part, of the principal balance of loans receivable are charged off to the allowance as soon as it is determined that the repayment of all, or part, of the principal balance is highly unlikely. Because all identified losses are immediately charged off, no The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may may The allowance consists of specific, general and unallocated components. The specific component relates to loans that are identified as impaired. For loans that are identified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers pools of loans by loan class. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These significant factors may existing general economic and business conditions affecting our primary lending areas, credit quality trends, collateral value, loan volumes and concentrations, seasoning of the loan portfolio, recent loss experience in particular segments of the portfolio, duration of the current business cycle and bank regulatory examination results. The applied loss factors are re-evaluated quarterly to ensure their relevance in the current economic environment. Residential mortgage lending generally entails a lower risk of default than other types of lending. Consumer loans and commercial real estate loans generally involve more risk of collectability because of the type and nature of the collateral and, in certain cases, the absence of collateral. It is the Company’s policy to establish a specific reserve for loss on any delinquent loan when it determines that a loss is probable. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not A loan is considered a troubled debt restructuring (“TDR”) if the Company, for economic or legal reasons related to a debtor’s financial difficulties, grants a concession to the debtor that it would not For loans secured by real estate, estimated fair values are determined primarily through third The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated annually for all loans (except one four substandard, doubtful and loss. Loans criticized as special mention have potential weaknesses that deserve management’s close attention. If uncorrected, the potential weaknesses may not may may not
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held for Sale Loans originated by the Bank’s mortgage banking subsidiary, Quaint Oak Mortgage, LLC, are intended for sale in the secondary market and are carried at the lower of cost or fair value (LOCOM). Gains and losses on loan sales (sales proceeds minus carrying value) are recorded in noninterest income, and direct loan origination costs, commissions and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan. Oakmont Capital Holdings, LLC originates commercial business loans for the purchase of business essential equipment for sale primarily to other financial institutions.
Bank Owned Life Insurance [Policy Text Block]	Bank Owned Life Insurance ( BOLl ) The Company purchases bank owned life insurance as a mechanism for funding various employee benefit costs. The Company is the beneficiary of these policies that insure the lives of certain officers of its subsidiaries. The Company has recognized the cash surrender value under the insurance policies as an asset in the Consolidated Balance Sheets. Changes in the cash surrender value are recorded in non-interest income in the Consolidated Statements of Income.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed on the straight-line method over the expected useful lives of the related assets that range from three thirty-nine
Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]	Intangible Assets Intangible assets on the consolidated balance sheets represent the acquisition by Quaint Oak Insurance Agency of the renewal rights to a book of business on August 1, 2016 ten The Company will complete a goodwill and other intangible asset analysis at least on an annual basis or more often if events and circumstances indicate that there may
Financing Receivable, Real Estate Acquired Through Foreclosure [Policy Text Block]	Other Real Estate Owned Other real estate owned or foreclosed assets are comprised of property acquired through a foreclosure proceeding or acceptance of a deed in lieu of foreclosure and loans classified as in-substance foreclosures. A loan is classified as in-substance foreclosure when the Bank has taken possession of the collateral regardless of whether formal foreclosure proceedings take place. Other real estate properties are initially recorded at fair value, net of estimated selling costs at the date of foreclosure, establishing a new cost basis. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of cost or fair value less estimated costs to sell. Net revenue and expenses from operations and additions to the valuation allowance are included in other expenses. The Company held no other real estate owned (OREO) at December 31, 2022 December 31, 2021.
Mortgage Servicing Rights [Policy Text Block]	Mortgage Servicing Rights Included in other assets are mortgage servicing rights recognized as separate assets when mortgage loans are sold and the servicing rights are retained. These capitalized mortgage servicing rights are amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing period of the underlying mortgage loans. Mortgage servicing rights totaled $330,000 and $323,000 at December 31, 2022 2021, December 31, 2022 2021,
Advertising Cost [Policy Text Block]	Advertising Costs The Company expenses all advertising costs as incurred. Advertising costs are included in non-interest expense on the Consolidated Statements of Income.
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income taxes are provided on the liability method whereby deferred tax assets are recognized for deductible temporary differences and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not not The Company follows guidance related to accounting for uncertainty in income taxes, which sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. A tax position is recognized as a benefit only if it is more likely than not 50 not not no no December 31, 2022 2021. no January 1, 2019.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Accounting principles generally accepted in the United States of America require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available for sale securities, are reported as a separate component of the stockholders’ equity section of the balance sheet, such items, along with net income, are components of comprehensive income.
Treasury Stock and Unallocated Common Stock [Policy Text Block]	Treasury Stock and Unallocated Common Stock The acquisition of treasury stock by the Company, including unallocated stock held by certain benefit plans, is recorded under the cost method. At the date of subsequent reissue, treasury stock is reduced by the cost of such stock based on an average cost method with any excess proceeds credited to additional paid-in capital.
Share-Based Payment Arrangement [Policy Text Block]	Share-Based Compensation Stock compensation accounting guidance requires that the compensation cost relating to share-based payment transactions be recognized in financial statements. That cost is measured based on the grant date fair value of the equity or liability instruments issued. The stock compensation accounting guidance covers a wide range of share-based compensation arrangements including stock option and restricted share plans. The stock compensation accounting guidance requires that compensation cost for all stock awards be calculated and recognized over the employees’ service period, generally defined as the vesting period. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. A Black-Scholes model is used to estimate the fair value of stock options, while the closing price of the Company’s common stock on the grant date is used for restricted stock awards. At December 31, 2022, three 2008 2013 2018 May 2013 2018. 14. The Company also has an employee stock ownership plan (“ESOP”). This plan is more fully described in Note 14.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Amounts reported in earnings per share reflect earnings available to common stockholders for the period divided by the weighted average number of shares of common stock outstanding during the period, exclusive of unearned ESOP shares, unvested restricted stock (RRP) shares and treasury shares. Stock options and unvested restricted stock are regarded as potential common stock and are considered in the diluted earnings per share calculations to the extent they would have a dilutive effect if converted to common stock, computed using the “treasury stock” method.
Revenue from Contract with Customer [Policy Text Block]	Revenue from Contracts with Customers The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers ( Topic 606 ) 606, The Company’s primary sources of revenue are derived from interest and dividends earned on loans and investment securities, mortgage banking revenue, including gains on the sale of mortgage loans, income from bank-owned life insurance, and other financial instruments that are not 606. Other Fees and Service Charges Abstract Title Fees Real Estate Sales Commissions, Net Insurance Commissions : the underlying policy premium. The Bank estimates the variable consideration based upon the “most likely amount” method, and does not one no
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Financial Instruments In the ordinary course of business, the Bank has entered into off-balance sheet financial instruments consisting of commitments to extend credit. Such financial instruments are recorded in the consolidated balance sheet when they are funded.
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications Certain items in the 2021 2022 not
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Not In June 2016, 2016 13, 2016 13 December 15, 2022, December 15, 2018. first one first one As a result of adopting this standard, effective January 1, 2023, 2016 13 not In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment 2 2, not December 15, 2019. November 2019, 2019 10, Financial Instruments Credit Losses (Topic 326 815 842 350, Intangibles Goodwill and Other 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, Financial Instruments Credit Losses (Topic 326 815 842 944 , Financial Services Insurance December 15, 2021, December 15, 2023, December 15, 2024. not In March 2020, 2020 04, Reference Rate Reform (Topic 848 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, 326 326 326 2016 13 December 15, 2022. not

Note 3 - Earnings Per Share (Ta

Note 3 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	For the Year Ended December 31, 2022 2021 Net Income $ 7,863,000 $ 6,404,000 Weighted average shares outstanding – basic 2,042,740 1,995,468 Effect of dilutive common stock equivalents 110,149 97,639 Adjusted weighted average shares outstanding – diluted 2,152,889 2,093,108 Basic earnings per share $ 3.85 $ 3.21 Diluted earnings per share $ 3.65 $ 3.06

Note 4 - Accumulated Other Co_2

Note 4 - Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Losses on Investment Securities Available for Sale (1) 2022 2021 Balance beginning of the year $ 23 $ 118 Other comprehensive (loss) income before reclassifications (47 ) 191 Amount reclassified from accumulated other comprehensive (loss) income - (286 ) Total other comprehensive loss (47 ) (95 ) Balance end of the year $ (24 ) $ 23
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 Year Ended December 31, 2022 2021 Sale of securities available for sale $ - $ 362 Gain on sales of investment securities Tax effect - (76 ) Income taxes Total reclassification for the period $ - $ 286

Note 5 - Investment in Intere_2

Note 5 - Investment in Interest-earning Time Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Investments in Interest-Earning Time Deposits by Contractual Maturity [Table Text Block]	2022 2021 Due in one year or less $ 2,541 $ 4,487 Due after one year through five years 1,292 3,437 Total $ 3,833 $ 7,924

Note 6 - Investment Securitie_2

Note 6 - Investment Securities Available for Sale (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Debt Securities, Available-for-Sale [Table Text Block]	December 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Available for Sale: Mortgage-backed securities: Government National Mortgage Association securities $ 2,902 $ -- $ (31 ) $ 2,871 Federal National Mortgage Association securities 98 1 -- 99 Total available-for-sale-securities $ 3,000 $ 1 $ (31 ) $ 2,970 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 ten years $ 3,000 $ 2,970 Total $ 3,000 $ 2,970
Schedule of Unrealized Loss on Investments [Table Text Block]	December 31, 2022 Less than Twelve Months Twelve Months or Greater Total Number of Securities Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Government National Mortgage Association securities 11 $ 2,871 $ (31 ) $ -- $ -- $ 2,871 $ (31 )

Note 7 - Loans Receivable, Ne_2

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	December 31, 2022 December 31, 2021 Real estate loans: One-to-four family residential: Owner occupied $ 18,070 $ 9,779 Non-owner occupied 39,315 38,752 Total one-to-four family residential 57,385 48,531 Multi-family (five or more) residential 46,909 29,344 Commercial real estate 333,540 183,822 Construction 28,938 15,843 Home equity 4,918 4,706 Total real estate loans 471,690 282,246 Commercial business 159,069 129,608 Other consumer 2 12 Total Loans 630,761 411,866 Deferred loan fees and costs (1,219 ) (2,638 ) Allowance for loan losses (7,678 ) (5,262 ) Net Loans $ 621,864 $ 403,966
Financing Receivable Credit Quality Indicators [Table Text Block]	December 31, 2022 Pass Special Mention Substandard Doubtful Total One-to-four family residential owner occupied $ 17,663 $ 407 $ - $ - $ 18,070 One-to-four family residential non-owner occupied 39,315 - - - 39,315 Multi-family residential 45,201 - 1,708 - 46,909 Commercial real estate 333,406 - 134 - 333,540 Construction 28,938 - - - 28,938 Home equity 4,918 - - - 4,918 Commercial business 153,746 2,908 2,415 - 159,069 Other consumer 2 - - - 2 Total $ 623,189 $ 3,315 $ 4,257 $ - $ 630,761 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]	December 31, 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 7 9 -- 7 -- Multi-family residential 1,708 1,722 -- 1,708 -- Commercial real estate 129 129 -- 130 12 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 134 134 118 136 9 Construction -- -- -- -- -- Home equity -- -- -- -- -- Commercial business 97 97 97 102 6 Other consumer -- -- -- -- -- Total: One-to-four family residential owner occupied $ - $ - $ -- $ -- $ -- One-to-four family residential non-owner occupied 7 9 -- 7 -- Multi-family residential 1,708 1,722 -- 1,708 -- Commercial real estate 263 263 118 266 21 Construction -- -- -- -- -- Home equity -- -- -- -- -- Commercial business 97 97 97 102 6 Other consumer -- -- -- -- -- Total $ 2,075 $ 2,091 $ 215 $ 2,083 $ 27 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]	December 31, 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 Allowance for loan losses: Beginning balance $ 73 $ 292 $ 249 $ 2,475 $ 119 $ 29 $ 1,625 $ 400 $ 5,262 Charge-offs - - - - - - (59 ) - (59 ) Recoveries - - - - - - - - - Provision 50 3 202 1,275 185 4 856 (100 ) 2,475 Ending balance $ 123 $ 295 $ 451 $ 3,750 $ 304 $ 33 $ 2,325 $ 300 $ 7,678 Ending balance evaluated for impairment: Individually $ - $ - $ - $ 118 $ - $ - $ 97 $ - $ 215 Collectively $ 123 $ 295 $ 451 $ 3,632 $ 304 $ 33 2,325 $ 300 $ 7,463 Loans receivable: Ending balance $ 18,070 $ 39,315 $ 46,909 $ 333,540 $ 28,938 $ 4,918 $ 159,071 $ 630,761 Ending balance evaluated for impairment: Individually $ - $ 7 $ 1,708 $ 263 $ - $ - $ 97 $ 2,075 Collectively $ 18,070 $ 39,308 $ 45,201 $ 333,277 $ 28,938 $ 4,918 $ 158,974 $ 628,686 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]	December 31, 2022 December 31, 2021 One-to-four family residential owner occupied $ - $ - One-to-four family residential non-owner occupied - 9 Multi-family residential 1,708 - Commercial real estate 134 - Construction - - Home equity - - Commercial business 97 - Other consumer - - Total $ 1,939 $ 9
Financing Receivable, Past Due [Table Text Block]	December 31, 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 $ 407 $ - $ 407 $ 17,663 $ 18,070 $ -- One-to-four family residential non-owner occupied 23 -- 23 39,292 39,315 -- Multi-family residential -- 1,708 1,708 45,201 46,909 -- Commercial real estate 2,895 134 3,029 330,511 333,540 -- Construction 2,062 -- 2,062 26,876 28,938 -- Home equity 39 -- 39 4,879 4,918 -- Commercial business 10 97 107 158,962 159,069 51 Other consumer -- -- -- 2 2 -- Total $ 5,436 $ 1,939 $ 7,375 $ 623,386 $ 630,761 $ 51 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 - Premises and Equipme_2

Note 8 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	2022 2021 Land and land improvements $ 292 $ 292 Buildings 1,619 1,568 Leasehold improvements 649 584 Furniture, fixtures and equipment 2,892 2,417 5,452 4,861 Accumulated depreciation (2,677 ) (2,208 ) Premises and equipment, net $ 2,775 $ 2,653

Note 9 - Goodwill and Other I_2

Note 9 - Goodwill and Other Intangible, Net (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	2023 $ 49 2024 49 2025 49 Thereafter 27 Total $ 174

Note 10 - Deposits (Tables)

Note 10 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Deposit Liabilities, Type [Table Text Block]	2022 2021 Amount Weighted Average Interest Rate Amount Weighted Average Interest Non-interest bearing checking accounts $ 88,728 -- % $ 64,730 -- % Savings accounts 1,597 0.20 1,838 0.20 Money market accounts 260,972 1.15 200,688 0.56 Certificate of deposit accounts 197,951 2.15 179,910 0.94 Total $ 549,248 1.28 % $ 447,166 0.61 %
Certificate of Deposit by Maturity [Table Text Block]	Years ending December 31: 2023 $ 91,306 2024 48,294 2025 30,159 2026 9,208 2027 18,984 Total $ 197,951

Note 11 - Borrowings (Tables)

Note 11 - Borrowings (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Short-Term Debt [Table Text Block]	FHLB Short-Term Borrowings At or For the Year Ended December 31, FRB Short-Term Borrowings At or For the Year Ended December 31, Other Short-Term Borrowings At or For the Year Ended December 31, 2022 2021 2022 2021 2022 2021 (Dollars in Thousands) Average balance outstanding $ 31,505 $ 10,405 $ 583 $ - $ 1,601 $ 1,300 Maximum amount outstanding at any month- end during the period 93,200 26,000 7,000 - 5,489 6,986 Balance outstanding at end of period 93,200 26,000 7,000 - 5,489 - Average interest rate during the period 2.34 % 0.30 % 1.65 % - 6.68 % 12.46 % Weighted average interest rate at end of period 4.45 % 0.28 % 4.50 % - 7.11 % - %
Federal Home Loan Bank Advances [Member]
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	December 31, 2022 December 31, 2021 Fixed rate borrowings maturing: Amount Weighted Interest Rate Amount Weighted Interest Rate 2022 $ -- -- % $ 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 $ 66,022 2.16 % $ 23,193 2.00 %

Note 12 - Subordinated Debt (Ta

Note 12 - Subordinated Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Debt [Table Text Block]	Principal Unamortized Debt Issuance Costs Net 6.5% subordinated notes, due December 31, 2028 $ 8,000 $ 34 $ 7,966

Note 13 - Income Taxes (Tables)

Note 13 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	2022 2021 Federal: Current $ 2,263 $ 2,045 Deferred (221 ) (336 ) Total federal 2,042 1,709 State, current 1,012 783 Total $ 3,054 $ 2,492
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2022 2021 Amount Rate Amount Rate Federal income tax at statutory rate $ 2,292 21.0 % $ 1,868 21.0 % State tax, net of federal benefit 800 7.4 618 7.0 Stock compensation expense (22 ) (0.2 ) 20 0.2 Other (16 ) (0.2 ) (14 ) (0.2 ) Total $ 3,054 28.0 % $ 2,492 28.0 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2022 2021 Deferred tax assets: Allowance for loan losses $ 1,612 $ 1,105 Deferred loan fees 256 554 Stock-based compensation 7 6 Unrealized loss on investment securities available for sale 6 -- Interest on non-accrual loans 35 -- Total deferred tax assets 1,916 1,665 Deferred tax liabilities: Bank premises and equipment (219 ) (199 ) Unrealized gain on investment securities available for sale -- (6 ) Intangible (24 ) (21 ) Total deferred tax liabilities (243 ) (226 ) Net Deferred Tax Asset $ 1,673 $ 1,439

Note 14 - Stock Compensation _2

Note 14 - Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Share-Based Payment Arrangement, Activity [Table Text Block]	2022 2021 Weighted Weighted Number of Average Grant Number of Average Grant Shares Date Fair Value Shares Date Fair Value Unvested at the beginning of the year 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 year 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 year 233,136 $ 10.96 4.2 240,636 $ 10.98 5.2 Granted -- -- -- -- -- -- Exercised (23,000 ) 8.55 -- (7,500 ) 11.57 -- Forfeited (14,200 ) 10.96 -- -- -- -- Outstanding at the end of the period 195,396 $ 11.24 3.5 233,136 $ 10.96 4.2 Exercisable at the end of the period 170,009 $ 10.90 6.4 180,081 $ 10.28 5.6

Note 16 - Financial Instrumen_2

Note 16 - Financial Instruments With Off-balance Sheet Risk (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Financial Instrument Commitments [Table Text Block]	2022 2021 Commitments to originate loans $ 36,087 $ 27,871 Unfunded commitments under lines of credit 49,881 38,732 Standby letters of credit 2,601 4,804

Note 17 - Leases (Tables)

Note 17 - Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Lease, Cost [Table Text Block]	Operating Weighted average remaining term (years) 13.2 Weighted average discount rate 2.58 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Undiscounted cash flows due (In thousands): Operating 2023 $ 332 2024 324 2025 323 2026 332 2027 282 2028 and thereafter 2,163 Total undiscounted cash flows 3,756 Discount on cash flows (593 ) Total lease liabilities $ 3,163

Note 18 - Regulatory Matters (T

Note 18 - Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2022: Total capital (to risk-weighted assets) $ 60,820 8.49 % $ ≥57,313 ≥8.00 % $ ≥71,642 ≥10.00 % Tier 1 capital (to risk-weighted assets) 53,115 7.41 ≥42,985 ≥6.00 ≥57,313 ≥8.00 Common Equity Tier 1 capital (to risk-weighted assets) 53,115 7.41 ≥32,239 ≥4.50 ≥46,567 ≥6.50 Tier 1 capital (to average assets) 53,115 7.07 ≥30,032 ≥4.00 ≥37,540 ≥5.00 Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio As of December 31, 2021: Total capital (to risk-weighted assets) $ 45,765 10.69 % $ ≥ ≥ % $ ≥ ≥ % Tier 1 capital (to risk-weighted assets) 40,438 9.45 ≥ ≥ ≥ ≥ Common Equity Tier 1 capital (to risk-weighted assets) 40,438 9.45 ≥19,264 ≥ ≥ ≥ Tier 1 capital (to average assets) 40,438 7.41 ≥21,822 ≥ ≥ ≥

Note 19 - Fair Value Measurem_2

Note 19 - Fair Value Measurements and Fair Values of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	December 31, 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 $ 2,871 $ -- $ 2,871 $ -- Federal National Mortgage Association mortgage- backed securities 99 -- 99 -- Total investment securities available for sale $ 2,970 $ -- $ 2,970 $ -- Total recurring fair value measurements $ 2,970 $ -- $ 2,970 $ -- Nonrecurring fair value measurements Impaired loans $ 1,860 $ -- $ -- $ 1,860 Total nonrecurring fair value measurements $ 1,860 $ -- $ -- $ 1,860 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]	December 31, 2022 Quantitative Information About Level 3 Fair Value Measurements Total Fair Value Valuation Techniques Unobservable Input Range (Weighted Average) Impaired loans $ 1,860 Appraisal of collateral (1) Appraisal adjustments (2) 10% (10%) 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 December 31, 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 $ 3,833 $ 3,907 $ -- $ -- $ 3,907 Loans held for sale 133,222 137,253 -- 137,253 -- Loans receivable, net 621,864 600,186 -- -- 600,186 Financial Liabilities Deposits 549,248 551,157 351,297 -- 199,860 FHLB long-term borrowings 66,022 65,846 -- -- 65,846 FRB long-term borrowings 7,000 6,981 - - 6,981 Subordinated debt 7,966 7,886 - - 7,886 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 20 - Operating Segments (T

Note 20 - Operating Segments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	As of or for the Year Ended December 31, 2022 2021 Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Quaint Oak Bank(1) Oakmont Capital Holdings, LLC Consolidated Net Interest Income (Loss) $ 24,114 $ (425 ) $ 23,689 $ 19,072 $ 1,548 $ 20,620 Provision for Loan Losses 2,475 - 2,475 2,201 - 2,201 Net Interest Income (Loss) after Provision for Loan Losses 21,639 (425 ) 21,214 16,871 1,548 18,419 Non-Interest Income Mortgage banking, equipment lending and title abstract fees 757 2,346 3,103 1,410 1,089 2,499 Real estate sales commissions, net 298 - 298 170 - 170 Insurance commissions 593 - 593 509 - 509 Other fees and services charges 330 320 650 199 56 255 Net loan servicing income 13 1,855 1,868 149 - 149 Income from bank-owned life insurance 89 - 89 83 - 83 Net gain on loans held for sale 3,270 9,230 12,500 3,484 3,397 6,881 Gain on the sale of SBA loans 310 - 310 1,147 - 1,147 Loss on sale of investment securities available for sale - - - 362 - 362 Loss on sales and write-downs of other real estate owned - - - (73 ) - (73 ) Total Non-Interest Income 5,660 13,751 19,411 7,440 4,542 11,982 Non-Interest Expense Salaries and employee benefits 13,828 6,309 20,137 11,181 4,357 15,538 Directors’ fees and expenses 286 - 286 252 - 252 Occupancy and equipment 1,274 630 1,904 1,237 384 1,621 Data processing 690 - 690 901 - 901 Professional fees 668 80 748 511 148 659 FDIC deposit insurance assessment 658 - 658 331 - 331 Advertising 186 382 568 161 190 351 Amortization of other intangible 49 - 49 49 - 49 Other 1,291 929 2,220 1,226 159 1,385 Total Non-Interest Expense 18,930 8,330 27,260 15,849 5,238 21,087 Pretax Segment Profit $ 8,369 $ 4,996 $ 13,365 $ 8,462 $ 852 $ 9,314 Net Income Attributable to Noncontrolling Interest $ 2,448 $ - $ 2,448 $ 418 $ - $ 418 Segment Assets $ 757,688 $ 34,662 $ 792,350 $ 537,276 $ 16,839 $ 554,115

Note 21 - Quaint Oak Bancorp,_2

Note 21 - Quaint Oak Bancorp, Inc. (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Condensed Balance Sheet [Table Text Block]	December 31, 2022 2021 Assets Cash and cash equivalents $ 284 $ 676 Investment in Quaint Oak Bank 50,966 40,556 Premises and equipment, net 1,432 1,474 Other assets 77 16 Total Assets $ 52,759 $ 42,722 Liabilities and Stockholders’ Equity Subordinated debt $ 7,966 $ 7,933 Stockholders’ equity 44,793 34,789 Total Liabilities and Stockholders’ Equity $ 52,759 $ 42,722
Condensed Income Statement [Table Text Block]	For the Year Ended December 31, 2022 2021 Income Dividends from subsidiary $ - $ 1,000 Interest income - - Rental income 365 314 Total Income 365 1,314 Expenses Occupancy and equipment expense 122 110 Interest on subordinated debt 520 520 Other expenses 158 156 Total Expenses 800 786 Net Income Before Income Taxes (435 ) 528 Equity in Undistributed Net Income of Subsidiary 8,207 5,777 Income (Loss) Tax Benefit 91 99 Net Income $ 7,863 $ 6,404 Comprehensive Income $ 7,816 $ 6,309
Condensed Cash Flow Statement [Table Text Block]	For the Year Ended December 31, 2022 2021 Operating Activities Net income $ 7,863 $ 6,404 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Undistributed net income in subsidiary (8,207 ) (5,777 ) Depreciation expense 53 54 Amortization of subordinated debt issuance costs 34 34 Stock-based compensation expense 511 324 (Increase) decrease in other assets (62 ) - Net cash provided by operating activities 192 1,039 Investing Activities Purchase of property and equipment (12 ) (15 ) Net cash used in investing activities (12 ) (15 ) Financing Activities Dividends paid (1,018 ) (839 ) Proceeds from the reissuance of treasury stock for capital raise 2,383 - Additional Paid-in Capital (2,250 ) - Purchase of treasury stock (49 ) (25 ) Proceeds from the reissuance of treasury stock for 401(k) Plan 100 96 Proceeds from the exercise of stock options 262 87 Net cash used in financing activities (572 ) (681 ) Net Increase (Decrease) in Cash and Cash Equivalents (392 ) 343 Cash and Cash Equivalents-Beginning of Year 676 333 Cash and Cash Equivalents-End of Year $ 284 $ 676

Note 1 - Nature of Operations (

Note 1 - Nature of Operations (Details Textual)	12 Months Ended
	Dec. 31, 2022
Number of Wholly-Owned Subsidiaries	6

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Details Textual)			12 Months Ended
	Jan. 04, 2021 USD ($)	Aug. 01, 2016 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jan. 01, 2023
Other than Temporary Impairment Losses, Investments			$ 0	$ 0
Impairment of Federal Home Loan Bank Stock			0	$ 0
Threshold for Loans to be Evaluated Annually, Minimum			$ 750,000
Number of Properties, Other Real Estate			0	0
Amortization of Mortgage Servicing Rights (MSRs)			$ 58,000	$ 33,000
Number of Share-Based Plans			3
Mortgage Servicing Rights [Member]
Servicing Asset, Total			$ 330,000	$ 323,000
Signature Insurance Services, LLC [Member]
Payments to Acquire Businesses, Gross		$ 1,000,000
Goodwill, Acquired During Period		515,000
Signature Insurance Services, LLC [Member] | Other Intangible Assets [Member]
Finite-lived Intangible Assets Acquired		$ 485,000
Finite-Lived Intangible Asset, Useful Life (Year)		10 years
Oakmont Capital Holdings, LLC [Member]
Goodwill, Acquired During Period	$ 2,100,000
Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)			3 years
Minimum [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member] | Subsequent Event [Member]
Financing Receivable, Allowance for Credit Loss and Reserve for Unfunded Commitments, Combined Increase, Percent					5%
Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)			39 years
Credit Concentration Risk [Member] | Loans Sold [Member]
Number of Investors			1
Percentage of Loans Sold From Mortgage Loans Held for Sale			38%
Percentage Gains on Loans Sold From Mortgage Loans Held for Sale			35%
Percentage of Loans Sold From Equipment Loans Held for Sale			51%
Percentage Gains on Loans Sold From Equipment Loans Held for Sale			60%

Note 3 - Earnings Per Share - W

Note 3 - Earnings Per Share - Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net Income	$ 7,863,000	$ 6,404,000
Weighted average shares outstanding – basic (in shares)	2,042,740	1,995,468
Effect of dilutive common stock equivalents (in shares)	110,149	97,639
Adjusted weighted average shares outstanding – diluted (in shares)	2,152,889	2,093,108
Basic earnings per share (in dollars per share)	$ 3.85	$ 3.21
Diluted earnings per share (in dollars per share)	$ 3.65	$ 3.06

Note 4 - Accumulated Other Co_3

Note 4 - Accumulated Other Comprehensive (Loss) Income - Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Balance beginning of the year		$ 34,789
Total other comprehensive loss		(47)	$ (95)
Balance end of the year		44,793	34,789
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member]
Balance beginning of the year	[1]	23	118
Other comprehensive (loss) income before reclassifications	[1]	(47)	191
Amount reclassified from accumulated other comprehensive (loss) income	[1]	0	(286)
Total other comprehensive loss	[2]	(47)	(95)
Balance end of the year	[1]	$ (24)	$ 23
[1]All amounts are net of tax. Amounts in parentheses indicate debits.[2]All amounts are net of tax. Amounts in parentheses indicate debits.

Note 4 - Accumulated Other Co_4

Note 4 - Accumulated Other Comprehensive (Loss) Income - Reclassified Out of Accumulated other Comprehensive Loss (Details) - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Sale of securities available for sale		$ 0	$ 362,000
Tax effect		(3,054,000)	(2,492,000)
Net income		7,863,000	6,404,000
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-Sale, Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Sale of securities available for sale	[1]	0	362,000
Tax effect	[1]	0	(76,000)
Net income	[1]	$ 0	$ 286,000
[1]Amounts in parentheses indicate debits.

Note 5 - Investment in Intere_3

Note 5 - Investment in Interest-earning Time Deposits - Investment in Interest-earnings Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Due in one year or less	$ 2,541	$ 4,487
Due after one year through five years	1,292	3,437
Total	$ 3,833	$ 7,924

Note 6 - Investment Securitie_3

Note 6 - Investment Securities Available for Sale (Details Textual) Pure in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	0
Other than Temporary Impairment Losses, Investments	$ 0	$ 0

Note 6 - Investment Securitie_4

Note 6 - Investment Securities Available for Sale - Amortized Cost and Fair Value of Investment Securities Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized cost	$ 3,000	$ 4,004
Gross unrealized losses	(31)
Fair value	2,970	4,033
Gross unrealized gains	1	29
Government National Mortgage Association (GNMA) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	2,902	3,860
Gross unrealized losses	(31)
Fair value	2,871	3,882
Gross unrealized gains		22
Federal National Mortgage Association (FNMA) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Amortized cost	98	144
Fair value	99	151
Gross unrealized gains	$ 1	$ 7

Note 6 - Investment Securitie_5

Note 6 - Investment Securities Available for Sale - Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Due after ten years, amortized cost	$ 3,000
Due after ten years, fair value	2,970
Total, amortized cost	3,000	$ 4,004
Total, fair value	$ 2,970	$ 4,033

Note 6 - Investment Securitie_6

Note 6 - Investment Securities Available for Sale - Gross Unrealized Losses and Fair Value (Details) Pure in Thousands, $ in Thousands	Dec. 31, 2022 USD ($)
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	$ 2,871
Gross unrealized losses, less than twelve months	(31)
Fair value	2,871
Gross unrealized losses	$ (31)

Note 7 - Loans Receivable, Ne_3

Note 7 - Loans Receivable, Net and Allowance for Loan Losses (Details Textual)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Troubled Debt Restructuring, Number of Contracts	2	2
Financing Receivable, Troubled Debt Restructuring	$ 136,000	$ 140,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	0
Loans and Leases Receivable, Gross	630,761,000	411,866,000
Impaired Financing Receivable, Interest Income, Cash Basis Method	0	0
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	167,000	1,000
Nonperforming Financial Instruments [Member]
Loans and Leases Receivable, Gross	$ 2,000,000	$ 9,000

Note 7 - Loans Receivable, Ne_4

Note 7 - Loans Receivable, Net and Allowance for Loan Losses - Composition of Net Loans Receivable (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans		$ 630,761	$ 411,866
Deferred loan fees and costs		(1,219)	(2,638)
Allowance for loan losses		(7,678)	(5,262)	$ (3,061)
Net Loans		621,864	403,966
Real Estate Portfolio Segment [Member]
Loans		471,690	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		18,070	9,779
Allowance for loan losses		(123)	(73)	(88)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,315	38,752
Allowance for loan losses		(295)	(292)	(362)
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Loans [Member]
Loans		57,385	48,531
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		46,909	29,344
Allowance for loan losses		(451)	(249)	(229)
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans		333,540	183,822
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		28,938	15,843
Allowance for loan losses		(304)	(119)	(62)
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		4,918	4,706
Allowance for loan losses		(33)	(29)	$ (20)
Commercial Portfolio Segment [Member]
Loans	[1]	159,069	129,608
Consumer Portfolio Segment [Member]
Loans		$ 2	$ 12
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

Note 7 - Loans Receivable, Ne_5

Note 7 - Loans Receivable, Net and Allowance for Loan Losses - Loan Portfolio by Credit Rating (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Loans		$ 630,761	$ 411,866
Pass [Member]
Loans		623,189	403,929
Special Mention [Member]
Loans		3,315	2,137
Substandard [Member]
Loans		4,257	5,800
Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member]
Loans		471,690	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		18,070	9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Pass [Member]
Loans		17,663	9,365
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Special Mention [Member]
Loans		407	414
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Substandard [Member]
Loans		0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,315	38,752
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Pass [Member]
Loans		39,315	38,743
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Special Mention [Member]
Loans		0
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Substandard [Member]
Loans		0	9
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		46,909	29,344
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Pass [Member]
Loans		45,201	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
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Loans		333,540	183,822
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Pass [Member]
Loans		333,406	181,914
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Special Mention [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Substandard [Member]
Loans		134	1,908
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		28,938	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Loans		28,938	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Doubtful [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		4,918	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Loans		4,918	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Loans		0
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Doubtful [Member]
Loans		0
Commercial Portfolio Segment [Member]
Loans	[1]	159,069	129,608
Commercial Portfolio Segment [Member] | Pass [Member]
Loans		153,746	125,725
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans		2,908
Commercial Portfolio Segment [Member] | Substandard [Member]
Loans		2,415	3,883
Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans		0
Consumer Portfolio Segment [Member]
Loans		2	12
Consumer Portfolio Segment [Member] | Pass [Member]
Loans		2	$ 12
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans		0
Consumer Portfolio Segment [Member] | Substandard [Member]
Loans		0
Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans		$ 0
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

Note 7 - Loans Receivable, Ne_6

Note 7 - Loans Receivable, Net and Allowance for Loan Losses - Impaired Loans by Loan Portfolio Class (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Related allowance	$ 215
Recorded investment	2,075	$ 140
Unpaid principal balance	2,091	140
Average recorded investment	2,083	224
Interest income recognized	27	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		66
Recorded investment	0	0
Average recorded investment		66
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Recorded investment, with no related allowance recorded	7	9
Unpaid principal balance, with no related allowance recorded	9	9
Average recorded investment, with no related allowance recorded	7	9
Recorded investment	7	9
Unpaid principal balance	9	9
Average recorded investment	7	9
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	1,722
Average recorded investment, with no related allowance recorded	1,708
Recorded investment	1,708
Unpaid principal balance	1,722
Average recorded investment	1,708
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member]
Recorded investment, with no related allowance recorded	129	131
Unpaid principal balance, with no related allowance recorded	129	131
Average recorded investment, with no related allowance recorded	130	131
Interest income recognized, with no related allowance recorded	12	12
Recorded investment, with an allowance recorded	134
Unpaid principal balance, with an allowance recorded	134
Related allowance	118
Average recorded investment, with an allowance recorded	136
Interest income recognized, with an allowance recorded	9
Recorded investment	263	131
Unpaid principal balance	263	131
Average recorded investment	266	131
Interest income recognized	21	12
Commercial Portfolio Segment [Member]
Average recorded investment, with no related allowance recorded		18
Recorded investment, with an allowance recorded	97
Unpaid principal balance, with an allowance recorded	97
Related allowance	97
Average recorded investment, with an allowance recorded	102
Interest income recognized, with an allowance recorded	6
Recorded investment	97
Unpaid principal balance	97
Average recorded investment	102	$ 18
Interest income recognized	$ 6

Note 7 - Loans Receivable, Ne_7

Note 7 - 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	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Allowance for loan losses, beginning balance	$ 5,262	$ 3,061
Charge-offs	(59)	(17)
Recoveries	0	17
Provision	2,475	2,201
Allowance for loan losses, ending balance	7,678	5,262
Allowance for loan losses, individually evaluated for impairment	215
Allowance for loan losses, collectively evaluated for impairment	7,463	5,262
Ending balance	630,761	411,866
Loans receivable, individually evaluated for impairment	2,075	140
Loans receivable, collectively evaluated for impairment	628,686	411,726
Real Estate Portfolio Segment [Member]
Ending balance	471,690	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	73	88
Charge-offs	0
Recoveries	0
Provision	50	(15)
Allowance for loan losses, ending balance	123	73
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	123	73
Ending balance	18,070	9,779
Loans receivable, individually evaluated for impairment	0
Loans receivable, collectively evaluated for impairment	18,070	9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Allowance for loan losses, beginning balance	292	362
Charge-offs	0
Recoveries	0
Provision	3	(70)
Allowance for loan losses, ending balance	295	292
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	295	292
Ending balance	39,315	38,752
Loans receivable, individually evaluated for impairment	7	9
Loans receivable, collectively evaluated for impairment	39,308	38,743
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Allowance for loan losses, beginning balance	249	229
Charge-offs	0
Recoveries	0
Provision	202	20
Allowance for loan losses, ending balance	451	249
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	451	249
Ending balance	46,909	29,344
Loans receivable, individually evaluated for impairment	1,708
Loans receivable, collectively evaluated for impairment	45,201	29,344
Real Estate Portfolio Segment [Member] | Commercial Real Estate and Lines of Credit [Member]
Allowance for loan losses, beginning balance	2,475	1,287
Charge-offs	0
Recoveries	0
Provision	1,275	1,188
Allowance for loan losses, ending balance	3,750	2,475
Allowance for loan losses, individually evaluated for impairment	118
Allowance for loan losses, collectively evaluated for impairment	3,632	2,475
Ending balance	333,540	183,822
Loans receivable, individually evaluated for impairment	263	131
Loans receivable, collectively evaluated for impairment	333,277	183,691
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Allowance for loan losses, beginning balance	119	62
Charge-offs	0
Recoveries	0
Provision	185	57
Allowance for loan losses, ending balance	304	119
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	304	119
Ending balance	28,938	15,843
Loans receivable, individually evaluated for impairment	0
Loans receivable, collectively evaluated for impairment	28,938	15,843
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Allowance for loan losses, beginning balance	29	20
Charge-offs	0
Recoveries	0
Provision	4	9
Allowance for loan losses, ending balance	33	29
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	33	29
Ending balance	4,918	4,706
Loans receivable, individually evaluated for impairment	0
Loans receivable, collectively evaluated for impairment	4,918	4,706
Commercial and Consumer Portfolio Segments [Member]
Allowance for loan losses, beginning balance	1,625	763
Charge-offs	(59)	(17)
Recoveries	0	17
Provision	856	862
Allowance for loan losses, ending balance	2,325	1,625
Allowance for loan losses, individually evaluated for impairment	97
Allowance for loan losses, collectively evaluated for impairment	2,325	1,625
Ending balance	159,071	129,620
Loans receivable, individually evaluated for impairment	97
Loans receivable, collectively evaluated for impairment	158,974	129,620
Unallocated Financing Receivables [Member]
Allowance for loan losses, beginning balance	400	250
Charge-offs	0
Recoveries	0
Provision	(100)	150
Allowance for loan losses, ending balance	300	400
Allowance for loan losses, individually evaluated for impairment	0
Allowance for loan losses, collectively evaluated for impairment	300	$ 400
Ending balance

Note 7 - Loans Receivable, Ne_8

Note 7 - Loans Receivable, Net and Allowance for Loan Losses - Non-accrual Loans by Class of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans	$ 1,939	$ 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	0	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	134	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	97	0
Consumer Portfolio Segment [Member]
Loans	$ 0	$ 0

Note 7 - Loans Receivable, Ne_9

Note 7 - Loans Receivable, Net and Allowance for Loan Losses - Loan Portfolio Summarized by Past Due Status (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Loans		$ 630,761	$ 411,866
Loans > 90 days and accruing		51
The 30 to 89 Days Delinquent [Member]
Loans		5,436	1,461
Financial Asset, Past Due [Member]
Loans		7,375	1,470
Financial Asset, Not Past Due [Member]
Loans		623,386	410,396
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans		1,939	9
Real Estate Portfolio Segment [Member]
Loans		471,690	282,246
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member]
Loans		18,070	9,779
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		407	809
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Past Due [Member]
Loans		407	809
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Owner Occupied Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		17,663	8,970
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member]
Loans		39,315	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		23	285
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Past Due [Member]
Loans		23	294
Real Estate Portfolio Segment [Member] | One-to-four Family Residential Non-owner Occupied Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		39,292	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			9
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member]
Loans		46,909	29,344
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Past Due [Member]
Loans		1,708
Real Estate Portfolio Segment [Member] | Multi-family (Five Or More) Residential Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		45,201	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		333,540	183,822
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		2,895
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Past Due [Member]
Loans		3,029
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		330,511	183,822
Real Estate Portfolio Segment [Member] | Commercial Real Estate Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans		134
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans		28,938	15,843
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | The 30 to 89 Days Delinquent [Member]
Loans		2,062
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Past Due [Member]
Loans		2,062
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Not Past Due [Member]
Loans		26,876	15,843
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member]
Loans		4,918	4,706
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | The 30 to 89 Days Delinquent [Member]
Loans		39
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Past Due [Member]
Loans		39
Real Estate Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Not Past Due [Member]
Loans		4,879	4,706
Commercial Portfolio Segment [Member]
Loans	[1]	159,069	129,608
Loans > 90 days and accruing		51
Commercial Portfolio Segment [Member] | The 30 to 89 Days Delinquent [Member]
Loans		10	367
Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans		107	367
Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans		158,962	129,241
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans		97
Consumer Portfolio Segment [Member]
Loans		2	12
Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans		$ 2	$ 12
[1]Includes $3.0 million and $42.6 million of PPP loans at September 30, 2022 and December 31, 2021, respectively.

Note 8 - Premises and Equipme_3

Note 8 - Premises and Equipment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Depreciation, Total	$ 437,000	$ 344,000

Note 8 - Premises and Equipme_4

Note 8 - Premises and Equipment - Components of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Premises and equipment	$ 5,452	$ 4,861
Accumulated depreciation	(2,677)	(2,208)
Premises and equipment, net	2,775	2,653
Land and Land Improvements [Member]
Premises and equipment	292	292
Building [Member]
Premises and equipment	1,619	1,568
Leasehold Improvements [Member]
Premises and equipment	649	584
Furniture and Fixtures [Member]
Premises and equipment	$ 2,892	$ 2,417

Note 9 - Goodwill and Other I_3

Note 9 - Goodwill and Other Intangible, Net (Details Textual) - USD ($)			12 Months Ended
	Jan. 04, 2021	Aug. 01, 2016	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net, Ending Balance			$ 174,000	$ 222,000
Amortization of Intangible Assets			49,000	$ 49,000
Other Intangible Assets [Member]
Finite-Lived Intangible Assets, Net, Ending Balance			174,000
Finite-Lived Intangible Assets, Accumulated Amortization			$ 311,000
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 9 - Goodwill and Other I_4

Note 9 - Goodwill and Other Intangible, Net - Estimated Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2023	$ 49
2024	49
2025	49
Thereafter	27
Total	$ 174	$ 222

Note 10 - Deposits (Details Tex

Note 10 - Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Time Deposits, at or Above FDIC Insurance Limit	$ 30.4	$ 24.7

Note 10 - Deposits - Summary of

Note 10 - Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Non-interest bearing checking accounts, amount	$ 88,728	$ 64,731
Money market accounts, amount	$ 260,972	$ 200,688
Money market accounts, weighted average interest rate	1.15%	0.56%
Certificate of deposit accounts	$ 197,951	$ 179,910
Certificate of deposit accounts, weighted average interest rate	2.15%	0.94%
Total	$ 549,248	$ 447,166
Total, weighted average interest rate	1.28%	0.61%
Savings Accounts [Member]
Interest-bearing deposits, amount	$ 1,597	$ 1,838
Interest-bearing deposits, weighted average interest rate	0.20%	0.20%

Note 10 - Deposits - Certificat

Note 10 - Deposits - Certificate of Deposit by Maturity (Details) $ in Thousands	Dec. 31, 2022 USD ($)
2023	$ 91,306
2024	48,294
2025	30,159
2026	9,208
2027	18,984
Total	$ 197,951

Note 11 - Borrowings (Details T

Note 11 - Borrowings (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Borrowings	$ 5,500
Long-term Federal Reserve Bank Advances	7,000	$ 3,895
Oakmont Capital Holdings, LLC Lines of Credit to Fund Equipment Loans [Member]
Line of Credit Facility, Maximum Borrowing Capacity	15,000
Line of Credit [Member] | Federal Home Loan Bank [Member]
Line of Credit Facility, Maximum Borrowing Capacity	353,400
Long-Term Line of Credit, Total	159,200	$ 49,200
Line of Credit [Member] | Federal Reserve Bank of Philadelphia [Member]
Line of Credit Facility, Maximum Borrowing Capacity	8,100
Long-Term Line of Credit, Total	$ 7,000		$ 0

Note 11 - Borrowings - Federal

Note 11 - Borrowings - Federal Home Loan Bank Short-term Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Average balance outstanding	$ 31,505	$ 10,405
Maximum amount outstanding at any month- end during the period	93,200	26,000
Federal Home Loan Bank short-term borrowings	$ 93,200	$ 26,000
Average interest rate during the period	2.34%	0.30%
Weighted average interest rate at end of period	4.45%	0.28%
Federal Reserve Bank Advances [Member]
Short-term debt, average balance outstanding	$ 583	$ 0
Short-term debt, maximum amount outstanding at any month- end during the period	7,000	0
Short-term debt, balance outstanding at end of period, balance outstanding at end of period	$ 7,000	$ 0
Short-term debt, average interest rate during the period	1.65%	0%
Short-term debt, weighted average interest rate at end of period	4.50%	0%
Line of Credit [Member]
Short-term debt, average balance outstanding	$ 1,601	$ 1,300
Short-term debt, maximum amount outstanding at any month- end during the period	5,489	6,986
Short-term debt, balance outstanding at end of period, balance outstanding at end of period	$ 5,489	$ 0
Short-term debt, average interest rate during the period	6.68%	12.46%
Short-term debt, weighted average interest rate at end of period	7.11%	0%

Note 11 - Borrowings - Federa_2

Note 11 - Borrowings - Federal Home Loan Bank Long-term Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2022, amount		$ 7,171
2022, weighted interest rate		2.10%
2023, amount	$ 57,000	$ 7,000
2023, weighted interest rate	2.22%	2.16%
2024, amount	$ 6,167	$ 6,167
2024, weighted interest rate	2.05%	2.05%
2025, amount	$ 2,855	$ 2,855
2025, weighted interest rate	1.25%	1.25%
Total FHLB long-term debt, amount	$ 66,022	$ 23,193
Total FHLB long-term debt, weighted interest rate	2.16%	2%

Note 12 - Subordinated Debt (De

Note 12 - Subordinated Debt (Details Textual) - Subordinated Debt [Member] $ in Millions	Dec. 27, 2018 USD ($)
Debt Instrument, Face Amount	$ 8
Debt Instrument, Interest Rate, Stated Percentage	6.50%

Note 12 - Subordinated Debt - S

Note 12 - Subordinated Debt - Schedule of Subordinated Debt (Details) $ in Millions	Dec. 31, 2022 USD ($)
Subordinated Debt [Member]
Principal	$ 8

Note 13 - Income Taxes (Details

Note 13 - Income Taxes (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Assets, Net, Total	$ 1,673	$ 1,439
Deferred Tax Assets, Valuation Allowance	$ 0	$ 0

Note 13 - Income Taxes - Compon

Note 13 - Income Taxes - Components of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Current	$ 2,263	$ 2,045
Deferred	(221)	(336)
Total federal	2,042	1,709
State, current	1,012	783
Total	$ 3,054	$ 2,492

Note 13 - Income Taxes - Effect

Note 13 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Federal income tax at statutory rate, amount	$ 2,292	$ 1,868
Federal income tax at statutory rate, percentage	21%	21%
State tax, net of federal benefit, amount	$ 800	$ 618
State tax, net of federal benefit, percentage	7.40%	7%
Stock compensation expense, amount	$ (22)	$ 20
Stock compensation expense, percentage	(0.20%)	0.20%
Other, amount	$ (16)	$ (14)
Other, percentage	(0.20%)	(0.20%)
Total	$ 3,054	$ 2,492
Total, percentage	28%	28%

Note 13 - Income Taxes - Deferr

Note 13 - Income Taxes - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Allowance for loan losses	$ 1,612	$ 1,105
Deferred loan fees	256	554
Stock-based compensation	7	6
Unrealized loss on investment securities available for sale	6
Interest on non-accrual loans	35
Total deferred tax assets	1,916	1,665
Bank premises and equipment	(219)	(199)
Unrealized gain on investment securities available for sale		(6)
Intangible	(24)	(21)
Total deferred tax liabilities	(243)	(226)
Net Deferred Tax Asset	$ 1,673	$ 1,439

Note 14 - Stock Compensation _3

Note 14 - Stock Compensation Plans (Details Textual) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	May 31, 2018	May 31, 2013	Dec. 31, 2021	Mar. 31, 2018	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2007	Dec. 31, 2020	May 31, 2008
Employee Stock Ownership Plan (ESOP), Compensation Expense					$ 343,000	$ 265,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 1.75
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate					2.11%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate					2.96%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)					6 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate					12.42%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value			$ 2,000,000		$ 2,100,000	2,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value			$ 1,500,000		1,900,000	1,500,000
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Expense, after Tax					44,000	44,000
Share-Based Payment Arrangement, Expense, Tax Benefit					$ 2,000	2,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					4 months 24 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					$ 18,000
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
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)					7,000
The 2018 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	155,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					5 years
Share-Based Payment Arrangement, Expense, after Tax					$ 124,000	124,000
Share-Based Payment Arrangement, Expense, Tax Benefit					26,000	$ 26,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total					$ 43,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)					4 months 24 days
The 2018 Stock Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	38,750
Percentage of Shares May Be Granted As Restricted Stock Awards	25%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)			11,750			11,750
The 2018 Stock Incentive Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	116,250
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)					37,250
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
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
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)			233,136		195,396	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		16,000		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			$ 77,000		$ 99,000

Note 14 - Stock Compensation _4

Note 14 - 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	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Unvested at the beginning of the year (in shares)	18,845	28,266
Unvested at the beginning of the year, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30
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)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 13.30
Unvested at the end of the year (in shares)	9,122	18,845
Unvested at the end of the year, weighted average grant date fair value (in dollars per share)	$ 13.30	$ 13.30

Note 14 - Stock Compensation _5

Note 14 - Stock Compensation Plans - Summary of Option Activity (Details) - Share-Based Payment Arrangement, Option [Member] - The Option Plan and Stock Incentive Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Outstanding at the beginning of the year (in shares)	233,136	240,636
Outstanding at beginning of period, weighted average exercise price (in dollars per share)	$ 10.96	$ 10.98
Outstanding at beginning of period, weighted average remaining contractual life (Year)	3 years 6 months	4 years 2 months 12 days	5 years 2 months 12 days
Exercised, number of shares (in shares)	(23,000)	(7,500)
Exercised, weighted average exercise price (in dollars per share)	$ 8.55	$ 11.57
Forfeited, number of shares (in shares)	(14,200)
Forfeited, weighted average exercise price (in dollars per share)	$ 10.96
Outstanding at the end of the period (in shares)	195,396	233,136	240,636
Outstanding at end of period, weighted average exercise price (in dollars per share)	$ 11.24	$ 10.96	$ 10.98
Exercisable at the end of the period (in shares)	170,009	180,081
Exercisable at end of period, weighted average exercise price (in dollars per share)	$ 10.90	$ 10.28
Exercisable at end of period, weighted average remaining contractual life (Year)	6 years 4 months 24 days	5 years 7 months 6 days

Note 15 - Transactions With E_2

Note 15 - Transactions With Executive Officers and Directors (Details Textual) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable, Related Parties, Ending Balance	$ 0	$ 0

Note 16 - Financial Instrumen_3

Note 16 - Financial Instruments with Off-balance Sheet Risk - Financial Instrument Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loan Origination Commitments [Member]
Contractual obligations	$ 36,087	$ 27,871
Unfunded Commitments Under Lines of Credit [Member]
Contractual obligations	49,881	38,732
Standby Letters of Credit [Member]
Contractual obligations	$ 2,601	$ 4,804

Note 17 - Leases (Details Textu

Note 17 - Leases (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating Lease, Cost	$ 184,000	$ 249,000
Operating Lease, Expense	$ 362,000	$ 297,000

Note 17 - Leases - Lease Inform

Note 17 - Leases - Lease Information (Details)	Dec. 31, 2022
Weighted average remaining term (Year)	13 years 2 months 12 days
Weighted average discount rate	2.58%

Note 17 - Leases - Undiscounted

Note 17 - Leases - Undiscounted Cash Flows Due to Operating Leases (Details) $ in Thousands	Dec. 31, 2022 USD ($)
2023	$ 332
2024	324
2025	323
2026	332
2027	282
2028 and thereafter	2,163
Total undiscounted cash flows	3,756
Discount on cash flows	(593)
Other Liabilities [Member]
Total lease liabilities	$ 3,163

Note 18 - Regulatory Matters (D

Note 18 - Regulatory Matters (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 27, 2018 USD ($)	Jan. 01, 2015	Dec. 31, 2014
Common Equity Tier 1 Required For Capital Adequacy To Risk Weighted Assets	4.50%	4.50%		4.50%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.0600	0.0600		0.060	0.040
Capital Conservation Buffer	2.50%
Risk Weighting for Certain Assets				150%	100%
Common Equity Tier 1 Capital			$ 6,500
Payments of Dividends, Total	$ 1,018	$ 839
Retained Earnings (Accumulated Deficit), Total	30,875	24,030
Quaint Oak Bank [Member]
Payments of Dividends, Total	0	$ 1,000
Retained Earnings (Accumulated Deficit), Total	$ 14,000
Subordinated Debt [Member]
Debt Instrument, Face Amount			$ 8,000

Note 18 - Regulatory Matters -

Note 18 - Regulatory Matters - Compliance With Regulatory Capital Requirements Under Banking Regulations (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jan. 01, 2015	Dec. 31, 2014
Total capital (to risk-weighted assets), actual, amount	$ 60,820	$ 45,765
Total capital (to risk-weighted assets), actual, ratio	0.0849	0.1069
Total capital (to risk-weighted assets), for capital adequacy, amount	$ 57,313	$ 34,247
Total capital (to risk-weighted assets), for capital adequacy, ratio	0.0800	0.0800
Total capital (to risk-weighted assets), to be well capitalized, amount	$ 71,642	$ 42,809
Total capital (to risk-weighted assets), to be well capitalized, ratio	0.1000	0.1000
Tier 1 capital (to risk-weighted assets), actual, amount	$ 53,115	$ 40,438
Tier 1 capital (to risk-weighted assets), actual, ratio	0.0741	0.0945
Tier 1 capital (to risk-weighted assets), for capital adequacy, amount	$ 42,985	$ 25,685
Tier 1 capital (to risk-weighted assets), for capital adequacy, ratio	0.0600	0.0600	0.060	0.040
Tier 1 capital (to risk-weighted assets), to be well capitalized, amount	$ 57,313	$ 32,247
Tier 1 capital (to risk-weighted assets), to be well capitalized, ratio	0.0800	0.0800
Common Equity Tier 1 capital (to risk-weighted assets), actual, amount	$ 53,115	$ 40,438
Common Equity Tier 1 capital (to risk-weighted assets), actual, ratio	0.0741	0.0945
Common Equity Tier 1 capital (to risk-weighted assets), for capital adequacy, amount	$ 32,239	$ 19,264
Common Equity Tier 1 capital (to risk-weighted assets), for capital adequacy, ratio	4.50%	4.50%	4.50%
Common Equity Tier 1 capital (to risk-weighted assets), to be well capitalized, amount	$ 46,567	$ 27,826
Common Equity Tier 1 capital (to risk-weighted assets), to be well capitalized, ratio	6.50%	6.50%
Tier 1 capital (to average assets), actual, amount	$ 53,115	$ 40,438
Tier 1 capital (to average assets), actual, ratio	0.0707	0.0741
Tier 1 capital (to average assets), for capital adequacy, amount	$ 30,032	$ 21,822
Tier 1 capital (to average assets), for capital adequacy, ratio	0.0400	0.0400
Tier 1 capital (to average assets), to be well capitalized, amount	$ 37,540	$ 27,277
Tier 1 capital (to average assets), to be well capitalized, ratio	0.0500	0.0500

Note 19 - Fair Value Measurem_3

Note 19 - Fair Value Measurements and Fair Values of Financial Instruments - Financial Assets and Liabilities on a Recurring and Nonrecurring (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investment securities available for sale	$ 2,970	$ 4,033
Fair Value, Recurring [Member]
Investment securities available for sale	2,970	4,033
Total fair value measurements	2,970	4,033
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Investment securities available for sale	2,970	4,033
Total fair value measurements	2,970	4,033
Fair Value, Nonrecurring [Member]
Total fair value measurements	1,860	140
Impaired loans	1,860	140
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total fair value measurements	1,860	140
Impaired loans	1,860	140
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Government National Mortgage Association (GNMA) [Member]
Investment securities available for sale	2,871	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	2,871	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 2 [Member]
Investment securities available for sale	2,871	3,882
Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member] | Federal National Mortgage Association (FNMA) [Member]
Investment securities available for sale	99	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	99	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 2 [Member]
Investment securities available for sale	$ 99	$ 151

Note 19 - Fair Value Measurem_4

Note 19 - 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	Dec. 31, 2022 USD ($)	Sep. 30, 2022	[1],[2]	Dec. 31, 2021 USD ($)
Impaired loans, fair value	$ 1,860			$ 140
Impaired Loans [Member]
Unobservable input, range		0.10		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 19 - Fair Value Measurem_5

Note 19 - Fair Value Measurements and Fair Values of Financial Instruments - Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 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	$ 3,833	7,924
Loans held for sale	133,222	107,823
Loans receivable, net	621,864	403,966
Deposits	549,248	447,166
FHLB long-term borrowings	66,022	23,193
FRB long-term borrowings	7,000	3,895
Subordinated debt	7,966	7,933
Estimate of Fair Value Measurement [Member]
Investment in interest-earning time deposits	3,907
Loans held for sale	137,253	112,843
Loans receivable, net	600,186	409,203
Deposits	551,157	446,576
FHLB long-term borrowings	65,846	23,231
FRB long-term borrowings	6,981
Subordinated debt	7,886	8,312
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Investment in interest-earning time deposits	3,907	8,091
Loans receivable, net	600,186	409,203
Deposits	199,860	179,321
FHLB long-term borrowings	65,846	23,231
FRB long-term borrowings	6,981	3,895
Subordinated debt	7,886	8,312
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Loans held for sale	137,253	112,843
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Deposits	$ 351,297	$ 267,255

Note 20 - Operating Segments (D

Note 20 - Operating Segments (Details Textual)	12 Months Ended
	Dec. 31, 2022
Number of Reportable Segments	2

Note 20 - Operating Segments -

Note 20 - Operating Segments - Summary of Financial Information for the Reportable Segments (Details) - USD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
Net Interest Income (Loss)		$ 23,689,000	$ 20,620,000
Provision for Loan Losses		2,475,000	2,201,000
Net Interest Income (Loss) after Provision for Loan Losses		21,214,000	18,419,000
Insurance commissions		593,000	509,000
Income from bank-owned life insurance		89,000	83,000
Net gain on loans held for sale		12,500,000	6,881,000
Gain on the sale of SBA loans		310,000	1,147,000
Sale of securities available for sale		0	362,000
Loss on sales and write-downs of other real estate owned		0	(73,000)
Total Non-Interest Income		19,411,000	11,982,000
Salaries and employee benefits		20,137,000	15,538,000
Directors’ fees and expenses		286,000	252,000
Occupancy and equipment		1,904,000	1,621,000
Data processing		690,000	901,000
Professional fees		748,000	659,000
FDIC deposit insurance assessment		658,000	331,000
Advertising		568,000	351,000
Amortization of Intangible Assets		49,000	49,000
Other		2,220,000	1,385,000
Total Non-Interest Expense		27,260,000	21,087,000
Pretax Segment Profit		13,365,000	9,314,000
Noncontrolling Interest		2,448,000	418,000
Segment Assets		792,350,000	554,115,000
Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		3,103,000	2,499,000
Real Estate Sales Commissions [Member]
Non-interest revenue		298,000	170,000
Other Fees and Services Fees [Member]
Non-interest revenue		650,000	255,000
Loan Servicing Fee [Member]
Non-interest revenue		1,868,000	149,000
Quaint Oak Bank [Member]
Net Interest Income (Loss)	[1]	24,114,000	19,072,000
Provision for Loan Losses	[1]	2,475,000	2,201,000
Net Interest Income (Loss) after Provision for Loan Losses	[1]	21,639,000	16,871,000
Insurance commissions	[1]	593,000	509,000
Income from bank-owned life insurance	[1]	89,000	83,000
Net gain on loans held for sale	[1]	3,270,000
Gain on the sale of SBA loans	[1]	310,000	1,147,000
Sale of securities available for sale	[1]	0
Loss on sales and write-downs of other real estate owned		0	(73,000)
Total Non-Interest Income	[1]	5,660,000	7,440,000
Salaries and employee benefits	[1]	13,828,000	11,181,000
Directors’ fees and expenses	[1]	286,000	252,000
Occupancy and equipment	[1]	1,274,000	1,237,000
Data processing	[1]	690,000	901,000
Professional fees	[1]	668,000	511,000
FDIC deposit insurance assessment	[1]	658,000	331,000
Advertising	[1]	186,000	161,000
Amortization of Intangible Assets	[1]	49,000	49,000
Other	[1]	1,291,000	1,226,000
Total Non-Interest Expense	[1]	18,930,000	15,849,000
Pretax Segment Profit	[1]	8,369,000	8,462,000
Noncontrolling Interest		2,448,000	418,000
Segment Assets	[1]	757,688,000	537,276,000
Quaint Oak Bank [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		757,000	1,410,000
Quaint Oak Bank [Member] | Real Estate Sales Commissions [Member]
Non-interest revenue	[1]	298,000	170,000
Quaint Oak Bank [Member] | Other Fees and Services Fees [Member]
Non-interest revenue	[1]	330,000	199,000
Quaint Oak Bank [Member] | Loan Servicing Fee [Member]
Non-interest revenue		13,000	149,000
Quaint Oak Bank, Mortgage [Member]
Net Interest Income (Loss)		(425,000)	1,548,000
Net Interest Income (Loss) after Provision for Loan Losses		(425,000)	1,548,000
Net gain on loans held for sale		9,230,000	3,397,000
Total Non-Interest Income		13,751,000	4,542,000
Salaries and employee benefits		6,309,000	4,357,000
Occupancy and equipment		630,000	384,000
Data processing		0	0
Professional fees		80,000	148,000
Advertising		382,000	190,000
Other		929,000	159,000
Total Non-Interest Expense		8,330,000	5,238,000
Pretax Segment Profit		4,996,000	852,000
Noncontrolling Interest		0	0
Segment Assets		34,662,000	16,839,000
Quaint Oak Bank, Mortgage [Member] | Mortgage Banking and Abstract Fees [Member]
Non-interest revenue		2,346,000	1,089,000
Quaint Oak Bank, Mortgage [Member] | Loan Servicing Fee [Member]
Non-interest revenue		$ 1,855,000	0
Mortgage Banking and Abstract Fees [Member]
Non-interest revenue			$ 2,499,000
[1]Includes Quaint Oak Bancorp, Inc. and the Bank’s subsidiaries, Quaint Oak Real Estate, Quaint Oak Abstract, Quaint Oak Insurance Agency, QOB Properties, and Oakmont Capital Holdings, LLC.

Note 21 - Quaint Oak Bancorp,_3

Note 21 - Quaint Oak Bancorp, Inc. (Parent Company Only) - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Cash and cash equivalents	$ 3,893	$ 10,705
Premises and equipment, net	2,775	2,653
Other assets	6,757	4,762
Total Assets	792,350	554,115
Subordinated debt	7,966	7,933
Stockholders’ equity	44,793	34,789
Total Liabilities and Stockholders’ Equity	792,350	554,115
Parent Company [Member]
Cash and cash equivalents	284	676
Investment in Quaint Oak Bank	50,966	40,556
Premises and equipment, net	1,432	1,474
Other assets	77	16
Total Assets	52,759	42,722
Subordinated debt	7,966	7,933
Stockholders’ equity	44,793	34,789
Total Liabilities and Stockholders’ Equity	$ 52,759	$ 42,722

Note 21 - Quaint Oak Bancorp,_4

Note 21 - Quaint Oak Bancorp, Inc. (Parent Company Only) - Statements of Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Occupancy and equipment	$ 1,904,000	$ 1,621,000
Interest on subordinated debt	520,000	520,000
Other	2,220,000	1,385,000
Total Expenses	27,260,000	21,087,000
Tax effect	(3,054,000)	(2,492,000)
Net Income	7,863,000	6,404,000
Comprehensive Income	7,816,000	6,309,000
Parent Company [Member]
Dividends from subsidiary	0	1,000,000
Interest income		0
Rental income	365,000	314,000
Total Income	365,000	1,314,000
Occupancy and equipment	122,000	110,000
Interest on subordinated debt	520,000	520,000
Other	158,000	156,000
Total Expenses	800,000	786,000
Net Income Before Income Taxes	(435,000)	528,000
Equity in Undistributed Net Income of Subsidiary	8,207,000	5,777,000
Tax effect	91,000	99,000
Net Income	7,863,000	6,404,000
Comprehensive Income	$ 7,816,000	$ 6,309,000

Note 21 - Quaint Oak Bancorp,_5

Note 21 - Quaint Oak Bancorp, Inc. (Parent Company Only) - Statements of Cash Flows (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net Income	$ 7,863,000	$ 6,404,000
Depreciation expense	437,000	344,000
Amortization of subordinated debt issuance costs	34,000	34,000
Stock-based compensation expense	511,000	433,000
Net cash provided by operating activities	(12,238,000)	(37,361,000)
Investing Activities
Net cash used in investing activities	(218,007,000)	(33,729,000)
Dividends paid	(1,018,000)	(839,000)
Purchase of treasury stock	(49,000)	(25,000)
Proceeds from the exercise of stock options	261,000	87,000
Net cash used in financing activities	223,433,000	47,882,000
Net Increase (Decrease) in Cash and Cash Equivalents	(6,812,000)	(23,208,000)
Cash and Cash Equivalents – Beginning of Year	10,705,000	33,913,000
Cash and Cash Equivalents – End of Year	3,893,000	10,705,000
Stock for Capital Raise [Member]
Investing Activities
Proceeds from the reissuance of treasury stock	2,383,000	0
Parent Company [Member]
Net Income	7,863,000	6,404,000
Undistributed net income in subsidiary	(8,207,000)	(5,777,000)
Depreciation expense	53,000	54,000
Amortization of subordinated debt issuance costs	34,000	34,000
Stock-based compensation expense	511,000	324,000
(Increase) decrease in other assets	(62,000)
Net cash provided by operating activities	192,000	1,039,000
Investing Activities
Purchase of property and equipment	(12,000)	(15,000)
Net cash used in investing activities	(12,000)	(15,000)
Dividends paid	(1,018,000)	(839,000)
Additional Paid-in Capital	(2,250,000)	0
Purchase of treasury stock	(49,000)	(25,000)
Proceeds from the exercise of stock options	262,000	87,000
Net cash used in financing activities	(572,000)	(681,000)
Net Increase (Decrease) in Cash and Cash Equivalents	(392,000)	343,000
Cash and Cash Equivalents – Beginning of Year	676,000	333,000
Cash and Cash Equivalents – End of Year	284,000	676,000
Parent Company [Member] | The 401(k) Plan [Member]
Investing Activities
Proceeds from the reissuance of treasury stock	100,000	96,000
Parent Company [Member] | Stock for Capital Raise [Member]
Investing Activities
Proceeds from the reissuance of treasury stock	$ 2,383,000	$ 0

Note 22 - Subsequent Event (Det

Note 22 - Subsequent Event (Details Textual) - Subordinated Debt [Member] - USD ($) $ in Millions	Mar. 02, 2023	Mar. 16, 2023	Dec. 27, 2018
Debt Instrument, Face Amount			$ 8
Debt Instrument, Interest Rate, Stated Percentage			6.50%
Subsequent Event [Member]
Debt Instrument, Face Amount	$ 12	$ 2
Debt Instrument, Interest Rate, Stated Percentage	8.50%
Debt Instrument, Redemption Price, Percentage	100%