Prime Meridian Holding (PMHG) 10-K 9 Mar 23 2022 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2022	Feb. 28, 2023	Jun. 30, 2022
Document Information [Line Items]
Entity Central Index Key	0001586454
Entity Registrant Name	Prime Meridian Holding Co
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Document Transition Report	false
Entity File Number	333-191801
Entity Incorporation, State or Country Code	FL
Entity Tax Identification Number	27-2980805
Entity Address, Address Line One	1471 Timberlane Road
Entity Address, City or Town	Tallahassee
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32312
City Area Code	850
Local Phone Number	907-2300
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	No
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			$ 58,632,066
Entity Common Stock, Shares Outstanding		3,185,765
Auditor Firm ID	400
Auditor Name	Hacker, Johnson & Smith PA
Auditor Location	Tampa, Florida

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 8,119,000	$ 8,897,000
Federal funds sold	19,259,000	53,969,000
Interest-bearing deposits	12,410,000	170,607,000
Total cash and cash equivalents	39,788,000	233,473,000
Debt securities available for sale	129,436,000	73,763,000
Debt securities held to maturity (fair value of $9,917 in 2022)	11,805,000	0
Loans held for sale	7,058,000	11,768,000
Loans, net of allowance for loan losses of $7,145 and $5,974	588,715,000	490,198,000
Federal Home Loan Bank stock	463,000	366,000
Premises and equipment, net	8,022,000	7,962,000
Right of use lease asset	3,044,000	3,258,000
Deferred tax asset	4,533,000	843,000
Accrued interest receivable	2,385,000	1,505,000
Bank-owned life insurance	16,532,000	16,153,000
Other assets	3,391,000	1,834,000
Total assets	815,172,000	841,123,000
Liabilities:
Noninterest-bearing demand deposits	197,987,000	209,351,000
Savings, NOW and money-market deposits	493,439,000	503,759,000
Time deposits	40,109,000	49,832,000
Total deposits	731,535,000	762,942,000
Other borrowings	4,275,000	3,575,000
Official checks	4,090,000	1,141,000
Operating lease liability	3,208,000	3,397,000
Other liabilities	5,011,000	3,037,000
Total liabilities	748,119,000	774,092,000
Commitments and contingencies (notes 4, 8, and 15)
Stockholders' equity:
Preferred stock, undesignated; 1,000,000 shares authorized, none issued or outstanding	0	0
Common stock, $.01 par value; 9,000,000 shares authorized, 3,164,491 and 3,129,046 issued and outstanding	32,000	31,000
Additional paid-in capital	39,718,000	38,909,000
Retained earnings	37,278,000	28,164,000
Accumulated other comprehensive loss	(9,975,000)	(73,000)
Total stockholders' equity	67,053,000	67,031,000
Total liabilities and stockholders' equity	$ 815,172,000	$ 841,123,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Held-to-Maturity, Fair Value, Total	$ 9,917
Loans receivable, allowance for loan losses	$ 7,145	$ 5,974
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)	3,164,491	3,129,046
Common stock, shares outstanding (in shares)	3,164,491	3,129,046

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans	$ 26,221	$ 23,050
Debt securities	2,938	1,086
Other	1,581	268
Total interest income	30,740	24,404
Interest expense:
Deposits	2,579	2,022
Other borrowings	200	58
Total interest expense	2,779	2,080
Net interest income	27,961	22,324
Provision (credit) for loan losses	890	(104)
Net interest income after provision (credit) for loan losses	27,071	22,428
Noninterest income:
Mortgage banking revenue, net	473	1,174
Income from bank-owned life insurance	379	271
Gain on sale of debt securities available for sale	0	108
Other income	240	238
Total noninterest income	1,934	2,506
Noninterest expense:
Salaries and employee benefits	9,627	8,093
Occupancy and equipment	1,621	1,546
Professional fees	514	483
Advertising	793	707
FDIC assessment	360	316
Software maintenance, amortization and other	1,162	975
Other	2,191	1,950
Total noninterest expense	16,268	14,070
Earnings before income taxes	12,737	10,864
Income taxes	3,056	2,517
Net earnings	$ 9,681	$ 8,347
Earnings per common share:
Basic (in dollars per share)	$ 3.07	$ 2.67
Diluted (in dollars per share)	$ 3.03	$ 2.66
Deposit Account [Member]
Noninterest income:
Revenue from customer	$ 302	$ 245
Debit Card [Member]
Noninterest income:
Revenue from customer	$ 540	$ 470

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net earnings	$ 9,681	$ 8,347
Unrealized loss arising during the year	(13,264)	(1,867)
Reclassification adjustment for realized gain	0	(108)
Net change in unrealized loss	(13,264)	(1,975)
Deferred income taxes	3,362	501
Total other comprehensive loss	(9,902)	(1,474)
Comprehensive (loss) income	$ (221)	$ 6,873

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2020	3,119,471
Balance at Dec. 31, 2020	$ 31	$ 38,568	$ 20,255	$ 1,401	$ 60,255
Net earnings	0	0	8,347	0	8,347
Dividends paid	0	0	(438)	0	(438)
Net change in unrealized loss on debt securities available for sale, net of income tax benefit	$ 0	0	0	(1,474)	(1,474)
Stock options exercised (in shares)	150
Stock options exercised	$ 0	3	0	0	3
Common stock issued as compensation to directors (in shares)	5,344
Common stock issued as compensation to directors	$ 0	111	0	0	111
Issuance of restricted stock (in shares)	4,081
Issuance of restricted stock	$ 0	0	0	0	0
Stock-based compensation	0	227	0	0	227
Stock options exercised	$ 0	3	0	0	$ 3
Balance (in shares) at Dec. 31, 2021	3,129,046				3,129,046
Balance at Dec. 31, 2021	$ 31	38,909	28,164	(73)	$ 67,031
Net earnings	0	0	9,681	0	9,681
Dividends paid	0	0	(567)	0	(567)
Net change in unrealized loss on debt securities available for sale, net of income tax benefit	$ 0	0	0	(9,902)	(9,902)
Stock options exercised (in shares)	20,240
Stock options exercised	$ 1	371	0	0	372
Common stock issued as compensation to directors (in shares)	5,002
Common stock issued as compensation to directors	$ 0	131	0	0	131
Issuance of restricted stock (in shares)	10,203
Issuance of restricted stock	$ 0	0			0
Stock-based compensation	0	307	0	0	307
Stock options exercised	$ 1	371	0	0	$ 372
Balance (in shares) at Dec. 31, 2022	3,164,491				3,164,491
Balance at Dec. 31, 2022	$ 32	$ 39,718	$ 37,278	$ (9,975)	$ 67,053

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income tax benefit portion of change in unrealized loss on available for sale	$ 3,362	$ 501

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net earnings	$ 9,681	$ 8,347
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	683	678
Provision (credit) for loan losses	890	(104)
Net accretion of deferred loan fees	(541)	(2,564)
Deferred income taxes	(328)	52
Gain on sale of debt securities available for sale	0	(108)
Amortization of premiums and discounts on debt securities	(68)	323
Gain on sale of loans held for sale	(473)	(1,174)
Proceeds from the sale of loans held for sale	85,076	189,095
Loans originated as held for sale	(79,893)	(186,096)
Stock issued as compensation to directors	131	111
Stock-based compensation expense	307	227
Income from bank-owned life insurance	(379)	(271)
Net (increase) decrease in accrued interest receivable	(880)	455
Net change in operating leases	25	25
Net increase in other assets	(1,557)	(904)
Net increase in other liabilities and official checks	4,923	1,311
Net cash provided by operating activities	17,597	9,403
Cash flows from investing activities:
Loan originations, net of principal repayments	(98,866)	(10,869)
Purchase of debt securities available for sale	(79,322)	(37,854)
Purchase of debt securities held to maturity	(11,782)	0
Principal repayments of debt securities available for sale	10,397	14,687
Proceeds from the sale of debt securities available for sale	0	5,874
Maturities and calls of debt securities available for sale	33	3,219
(Purchase) redemption of Federal Home Loan Bank stock	(97)	127
Purchase of bank-owned life insurance	0	(5,197)
Purchase of premises and equipment	(743)	(392)
Net cash used in investing activities	(180,380)	(30,405)
Cash flows from financing activities:
Net (decrease) increase in deposits	(31,407)	182,350
Net change in other borrowings	700	3,575
Proceeds from stock options exercised	372	3
Common stock dividends paid	(567)	(438)
Net cash (used in) provided by financing activities	(30,902)	185,490
Net (decrease) increase in cash and cash equivalents	(193,685)	164,488
Cash and cash equivalents at beginning of year	233,473	68,985
Cash and cash equivalents at end of year	39,788	233,473
Supplemental disclosure of cash flow information
Interest	2,779	2,085
Income taxes	3,596	2,323
Noncash transactions:
Accumulated other comprehensive loss, net change in unrealized loss on debt securities available for sale, net of tax benefit	$ (9,902)	$ (1,474)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 Summary of Significant Accounting Policies Organization. The following is a description of the significant accounting policies and practices followed by the Company, which conform to accounting principles generally accepted in the United States of America ("GAAP") and prevailing practices within the banking industry. Use of Estimates. Principles of Consolidation. Cash and Cash Equivalents. ninety On March 12, 2021, March 24, 2020 zero Debt Securities. may not Management evaluates debt securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3 Loans Held for Sale. December 31, 2022 2021 December 31, 2022 December 31, 2021 December 31, 2022 2021 Loans. Commitment and loan origination fees are deferred and certain direct origination costs are capitalized. Both are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes is discontinued at the time the loan is ninety not Allowance for Loan Losses. no December 31, 2022 2021 The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are considered impaired. For such loans, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on the following factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding thirty-six 1 2 3 4 5 6 7 8 9 Allowance for Loan Losses, Continued. not Premises and Equipment. Bank-Owned Life Insurance (BOLI). . Transfer of Financial Assets. 1 2 3 not 1 2 no 3 not Off-Balance Sheet Financial Instruments. Revenue from Contracts with Customers. 606 606” 606 Debit Card/ATM Revenue. Income Taxes. two Deferred tax assets are recognized if it is more likely than not, not” 50 Income Taxes, Continued . not 50 not not December 31, 2022 not not not The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns. Income taxes are allocated to the Holding Company and Bank as if separate income tax returns were filed. Fair Value Measurements. three may Level 1: Level 2: not may third Level 3: The following describes valuation methodologies used for assets measured at fair value: Debt Securities Available for Sale. 1 1 not 2 3 Derivatives: 2 not third Fair Values of Financial Instruments. Cash and Cash Equivalents. 1 Debt Securities. 2 Loans Held for Sale. 3 Loans. one four 3 Federal Home Loan Bank Stock. 3 Accrued Interest Receivable. 3 Bank Owned Life Insurance. 3 Deposits. 3 Other borrowings. 3 Derivatives. 2 Off-Balance Sheet Instruments. 3 Advertising. Stock - Based Compensation. Comprehensive (Loss) Income. Derivatives. third not no Mortgage Banking Revenue. Recent Accounting Standards Update In June 2016, 2016 13, Financial Instruments - Credit Losses (Topic 326 The Company will adopt this accounting standard effective January 1, 2023. The Company does not not not

Note 2 - Debt Securities

Note 2 - Debt Securities	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 2 Debt Securities Debt securities have been classified according to management's intention. The carrying amount of debt securities and their fair values are summarized as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 48,124 $ - $ (2,219 ) $ 45,905 Municipal securities 22,338 - (2,874 ) 19,464 U.S. agency mortgage-backed securities 68,633 - (8,131 ) 60,502 Asset-backed securities 3,702 - (137 ) 3,565 Total $ 142,797 $ - $ (13,361 ) $ 129,436 Debt Securities Held to Maturity Municipal securities $ 9,215 $ - $ (1,695 ) $ 7,520 U.S. agency mortgage-backed securities 2,590 - (193 ) 2,397 Total $ 11,805 $ - $ (1,888 ) $ 9,917 At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 2,933 $ - $ (14 ) $ 2,919 Municipal securities 17,721 288 (240 ) 17,769 U.S. agency mortgage-backed securities 48,614 379 (528 ) 48,465 Asset-backed securities 4,592 25 (7 ) 4,610 Total $ 73,860 $ 692 $ (789 ) $ 73,763 Debt securities available for sale measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 45,905 $ - $ 45,905 $ - Municipal securities 19,464 - 19,464 - U.S. agency mortgage-backed securities 60,502 - 60,502 - Asset-backed securities 3,565 - 3,565 - Total $ 129,436 $ - $ 129,436 $ - At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 2,919 $ - $ 2,919 $ - Municipal securities 17,769 - 17,769 - U.S. agency mortgage-backed securities 48,465 - 48,465 - Asset-backed securities 4,610 - 4,610 - Total $ 73,763 $ - $ 73,763 $ - The scheduled maturities of debt securities are as follows: Amortized Fair Cost Value (in thousands) At December 31, 2022 Debt Securities Available for Sale Due in less than one year $ 2,008 $ 1,967 Due in one to five years 47,342 45,547 Due in five to ten years 18,771 15,865 Due after ten years 6,043 5,555 Mortgage-backed securities 68,633 60,502 Total $ 142,797 $ 129,436 Debt Securities Held to Maturity Due in five to ten years $ 4,613 $ 4,260 Due after ten years 7,192 5,657 Total $ 11,805 $ 9,917 The following summarizes sales of debt securities available for sale: Year Ended December 31, (in thousands) 2022 2021 Proceeds from sale of securities $ - $ 5,874 Gross gains - 108 Gross losses - - Net gain on sale of securities $ - $ 108 At December 31, 2022 2021 Debt securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: Less Than Twelve Months More Than Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ (1,384 ) $ 40,926 $ (835 ) $ 4,979 Municipal securities (999 ) 11,436 (1,875 ) 8,028 U.S. agency mortgage-backed securities (3,246 ) 36,939 (4,885 ) 23,563 Asset-backed securities (102 ) 2,461 (35 ) 1,104 Total $ (5,731 ) $ 91,762 $ (7,630 ) $ 37,674 Debt Securities Held to Maturity Municipal securities $ (1,695 ) $ 7,520 $ - $ - U.S. agency mortgage-backed securities (193 ) 2,397 - - Total $ (1,888 ) $ 9,917 $ - $ - At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ (14 ) $ 2,919 $ - $ - Municipal securities (240 ) 8,429 - - U.S. agency mortgage-backed securities (528 ) 28,207 - - Asset-backed securities - - (7 ) 1,430 Total $ (782 ) $ 39,555 $ (7 ) $ 1,430 The unrealized losses on one hundred six twenty-six December 31, 2022 2021 not not not

Note 3 - Loans

Note 3 - Loans	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 3 The segments and classes of loans are as follows: At December 31, (in thousands) 2022 2021 Real estate mortgage loans: Commercial $ 202,263 $ 156,306 Residential and home equity 224,211 183,536 Construction 75,151 71,164 Total real estate mortgage loans 501,625 411,006 Commercial loans 86,308 78,584 Consumer and other loans 7,698 7,283 Total loans 595,631 496,873 Add (Deduct): Net deferred loan costs (fees) 229 (701 ) Allowance for loan losses (7,145 ) (5,974 ) Loans, net $ 588,715 $ 490,198 The Company has divided the loan portfolio into three five Real Estate Mortgage Loans. three Commercial. three five may five may five Residential and Home Equity. first second one four may Construction. one two one ten not third may Commercial Loans. not third five may not one 504 7A 504 7A may may Consumer and Other Loans. may not not An analysis of the change in the allowance for loan losses follows: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other Unallocated (in thousands) Commercial Equity Construction Loans Loans Reserve Total Year Ended December 31, 2022 Beginning balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974 Provision (credit) for loan losses 541 468 65 (201 ) 17 - 890 Net recoveries (charge-offs) - - - 299 (18 ) - 281 Ending balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ - $ 7,145 At December 31, 2022 Individually evaluated for impairment: Recorded investment $ 277 $ - $ - $ 66 $ 2 $ - $ 345 Balance in allowance for loan losses $ - $ - $ - $ 14 $ - $ - $ 14 Collectively evaluated for impairment: Recorded investment $ 201,986 $ 224,211 $ 75,151 $ 86,242 $ 7,696 $ - $ 595,286 Balance in allowance for loan losses $ 2,303 $ 2,607 $ 922 $ 1,209 $ 90 $ - $ 7,131 Year Ended December 31, 2021 Beginning balance $ 1,500 $ 1,827 $ 539 $ 1,592 $ 75 $ 559 $ 6,092 Provision (credit) for loan losses 262 322 318 (490 ) 43 (559 ) (104 ) Net (charge-offs) recoveries - (10 ) - 23 (27 ) - (14 ) Ending balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974 At December 31, 2021 Individually evaluated for impairment: Recorded investment $ - $ - $ - $ - $ 4 $ - $ 4 Balance in allowance for loan losses $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment: Recorded investment $ 156,306 $ 183,536 $ 71,164 $ 78,584 $ 7,279 $ - $ 496,869 Balance in allowance for loan losses $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974 The following summarizes the loan credit quality: Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At December 31, 2022 Grade: Pass $ 200,192 $ 221,552 $ 74,516 $ 85,874 $ 7,696 $ 589,830 Special mention 1,794 2,616 635 368 2 5,415 Substandard 277 43 - 66 - 386 Doubtful - - - - - - Loss - - - - - - Total $ 202,263 $ 224,211 $ 75,151 $ 86,308 $ 7,698 $ 595,631 At December 31, 2021 Grade: Pass $ 153,404 $ 181,770 $ 71,051 $ 78,462 $ 7,233 $ 491,920 Special mention 2,902 1,766 113 118 50 4,949 Substandard - - - 4 - 4 Doubtful - - - - - - Loss - - - - - - Total $ 156,306 $ 183,536 $ 71,164 $ 78,584 $ 7,283 $ 496,873 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. Loans classified as substandard or special mention are reviewed quarterly by the Company for further deterioration or improvement to determine if they are appropriately classified and whether there is any impairment. All loans are graded upon initial issuance. Further, construction and nonowner-occupied commercial real estate loans and commercial relationships in excess of $1 million are reviewed at least annually. The Company determines the appropriate loan grade during the renewal process and reevaluates the loan grade in situations when a loan becomes past due. Loans excluded from the review process above are generally classified as pass credits until: (a) they become past due; (b) management becomes aware of deterioration in the credit worthiness of the borrower; or (c) the client contacts the Company for a modification. In these circumstances, the loan is specifically evaluated for potential classification as to special mention, substandard or even charged-off. The Company uses the following definitions for risk ratings: Pass Special Mention may not not Substandard not Doubtful one Loss not not no At December 31, 2022 thirty ninety December 31, 2022 2021 Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At December 31, 2022: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 201,986 $ 277 $ 202,263 Residential and home equity 1,383 413 349 2,145 222,066 - 224,211 Construction 651 - 55 706 74,445 - 75,151 Commercial loans 293 160 - 453 85,789 66 86,308 Consumer and other loans - - - - 7,698 - 7,698 Total $ 2,327 $ 573 $ 404 $ 3,304 $ 591,984 $ 343 $ 595,631 At December 31, 2021: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 156,306 $ - $ 156,306 Residential and home equity 710 - - 710 182,826 - 183,536 Construction - - - - 71,164 - 71,164 Commercial loans 411 - - 411 78,173 - 78,584 Consumer and other loans - - - - 7,283 - 7,283 Total $ 1,121 $ - $ - $ 1,121 $ 495,752 $ - $ 496,873 The following summarizes the amount of impaired loans at December 31, 2022 2021: With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At December 31, 2022 Commercial real estate $ 277 $ 277 $ - $ - $ - $ 277 $ 277 $ - Commercial - - 66 66 14 66 66 14 Consumer and other loans 2 2 - - - 2 2 - Total $ 279 $ 279 $ 66 $ 66 $ 14 $ 345 $ 345 $ 14 At December 31, 2021 Consumer and other loans $ 4 $ 4 $ - $ - $ - $ 4 $ 4 $ - Total $ 4 $ 4 $ - $ - $ - $ 4 $ 4 $ - The average net investment in impaired loans and interest income recognized and received on impaired loans by loan class is as follows: Average Interest Interest Recorded Income Income (in thousands) Investment Recognized Received Year Ended December 31, 2022 Commercial real estate $ 143 $ - $ - Residential and home equity 115 17 17 Commercial 34 - - Consumer and other loans 1 - - Total $ 293 $ 17 $ 17 (in thousands) Year Ended December 31, 2021 Residential and home equity $ 302 $ - $ - Commercial 174 - - Total $ 476 $ - $ - The restructuring of a loan constitutes a troubled debt restructuring (“TDR”) if the creditor grants a concession to the debtor that it would not may not As shown in the table below, the Company entered into no new TDRs during the year ended December 31, 2022 December 31, 2021 Year Ended December 31, 2022 Year Ended December 31, 2021 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (in thousands) Troubled Debt Restructurings: Modified interest rate Consumer - $ - $ - $ - 1 $ 4 $ 4 $ 4 Total - $ - $ - $ - 1 $ 4 $ 4 $ 4 The TDR entered into during the year ended December 31, 2021 December 31, 2022 The Company grants the majority of its loans to borrowers throughout Leon County and Polk County, Florida. Although the Company has a diversified loan portfolio, a significant portion of its borrowers’ ability to honor their contracts is dependent upon the economy of this area. The Company does not one

Note 4 - Premises and Equipment

Note 4 - Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	( 4 Premises and Equipment A summary of premises and equipment follows: At December 31, 2022 2021 (in thousands) Land $ 1,704 $ 1,704 Buildings 5,089 5,085 Leasehold improvements 1,584 1,551 Furniture, fixtures and equipment 2,360 2,099 Computer and software 3,642 3,197 Total, at cost 14,379 13,636 Less accumulated depreciation and amortization (6,357 ) (5,674 ) Premises and equipment, net $ 8,022 $ 7,962 Right of use lease assets and operating lease liabilities are disclosed as separate line items in the consolidated balance sheets and are valued based on the present value of the future minimum lease payments at the commencement date. As our lease does not The Company's operating lease obligation is for the Company's main office on Timberlane Road, Tallahassee, Florida. The term of the lease is 15 years, with four five third The components of lease expense and other lease information as of and during the year ended December 31, 2022 At December 31, 2022 2021 (in thousands) Operating lease cost $ 319 $ 319 Cash paid for amount included in the measurement of operating lease liability operating cash flows from operating lease $ 294 $ 294 (dollars in thousands) 2022 2021 Operating lease right of use asset $ 3,044 $ 3,258 Operating lease liability 3,208 3,397 Weighted average remaining lease term - operating lease (in years) 11.6 12.6 Weighted average discount rate 3.17 % 3.17 % Future minimum lease payments under non-cancellable leases as of December 31, 2022, (in thousands) At December 31, 2022 2023 $ 294 2024 306 2025 323 2026 323 2027 323 Thereafter 2,321 Total future minimum lease payments 3,890 Less interest (682 ) Total $ 3,208

Note 5 - Deposits

Note 5 - Deposits	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	( 5 Deposits The aggregate amount of time deposits with a minimum denomination greater than $250,000 $22.8 December 31, 2022 2021 A schedule of maturities for all time deposits at December 31, 2022 (in thousands) Year Ending December 31, Amount 2023 $ 30,162 2024 8,468 2025 348 2026 708 2039 423 Total $ 40,109

Note 6 - Other Borrowings

Note 6 - Other Borrowings	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Debt Disclosure [Text Block]	( 6 Other Borrowings The Company has pledged collateral to the Federal Home Loan Bank of Atlanta (“FHLB”) for future advances which will be collateralized by a blanket lien on qualifying residential real estate, commercial real estate, home equity lines of credit and multi-family loans. The Company may December 31, 2022 December 31, 2022 2021 August, 2025 December 31, 2022 2022 2021,

Note 7 - Income Taxes

Note 7 - Income Taxes	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 7 Income Taxes The components of the income taxes are as follows: Year Ended December 31, (in thousands) 2022 2021 Current: Federal $ 2,699 $ 2,109 State 685 356 Total current 3,384 2,465 Deferred: Federal (257 ) 41 State (71 ) 11 Total deferred (328 ) 52 Total income taxes $ 3,056 $ 2,517 The reasons for the difference between the statutory Federal income tax rate and the effective tax rates are summarized as follows: Year Ended December 31, 2022 2021 % of % of Pretax Pretax Amount Earnings Amount Earnings (dollars in thousands) Income taxes at statutory rate $ 2,675 21.0 % $ 2,282 21.0 % Increase (decrease) resulting from: State taxes, net of federal tax benefit 485 3.8 291 2.7 Tax-exempt income (105 ) (0.8 ) (75 ) (0.7 ) Other nondeductible expenses 1 - 19 0.2 Total $ 3,056 24.0 % $ 2,517 23.2 % Tax effects of temporary differences that give rise to the deferred tax assets and liabilities are as follows: At December 31, 2022 2021 (in thousands) Deferred tax assets: Allowance for loan losses $ 1,827 $ 1,514 Organizational and start-up costs 2 11 Stock-based compensation 132 105 Deferred compensation 201 134 Unrealized losses on securities available for sale 3,386 24 Operating lease liability 813 861 Other 13 19 Deferred tax assets 6,374 2,668 Deferred tax liabilities: Prepaid Expenses (144 ) (143 ) Deferred loan costs (688 ) (567 ) Premises and equipment (238 ) (289 ) Right of use lease asset (771 ) (826 ) Deferred tax liabilities (1,841 ) (1,825 ) Net deferred tax asset $ 4,533 $ 843 The Company files consolidated income tax returns in the U.S. federal jurisdiction and the State of Florida. The Company is no 2019.

Note 8 - Off-balance Sheet Fina

Note 8 - Off-balance Sheet Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Off-balance Sheet Financial Instruments [Text Block]	( 8 Off-Balance Sheet Financial Instruments 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 clients. These financial instruments are commitments to extend credit, construction loans in process, unused lines of credit, financial and performance standby letters of credit, and guaranteed accounts and may The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for available lines of credit, construction loans in process and standby letters of 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. Commitments to extend credit, construction loans in process and unused lines of credit are agreements to lend to a client as long as there is no may not third third one not third December 31, 2022. Guaranteed accounts are irrevocable standby letters of credit issued by us to guarantee a client’s credit line with our third Standby letters of credit and commitments to extend credit typically result in loans with a market interest rate when funded. A summary of the contractual amounts of the Company’s financial instruments with off-balance sheet risk at December 31, 2022 At December 31, 2022 (in thousands) Commitments to extend credit $ 10,667 Construction loans in process 61,991 Unused lines of credit 77,268 Standby financial letters of credit 3,319 Guaranteed accounts 1,425 Total off-balance sheet instruments $ 154,670

Note 9 - Stock Compensation Pla

Note 9 - Stock Compensation Plans	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 9 Stock Compensation Plan s 2015 The 2015 “2015 May 20, 2015, 2015 may 500,000, no December 31, 2022 2015 December 31, 2022. A summary of the activity in the Company’s 2015 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2020 272,057 $ 19.80 Options granted 18,000 27.12 Options exercised (150 ) 20.09 Options forfeited (21,250 ) 20.58 Outstanding at December 31, 2021 268,657 20.23 Options granted 3,500 25.37 Options exercised (20,240 ) 18.35 Options forfeited (550 ) 20.09 Outstanding at December 31, 2022 251,367 $ 19.99 5.3 $ 1,482,000 Exercisable at December 31, 2022 187,287 $ 20.46 5.0 $ 1,176,000 The fair value of shares vested and recognized as compensation expense was $178,000 and $156,000 for the years ended December 31, 2022 2021, an income tax benefit of $19,000 2022 2021 December 31, 2022 2015 The fair value of each option granted was estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions: Year ended December 31, 2022 2021 Weighted average risk-free interest rate 2.91 % 1.15-1.30 % Expected dividend yield 0.71 % 0.49-0.62 % Expected stock volatility 33.18 % 22.94-30.69 % Expected life in years 6.5 6.5 Per share fair value of options issued during year $ 9.10 $ 3.26 The Company used the guidance in Staff Accounting Bulletin No. 107 Restricted Stock Issued under the 2015 The Company issued 10,203 restricted common stock shares to employees in 2022. 3 Wtd-Avg Unvested Shares Number of Grant Date Grant Date Shares Fair Value per Share Fair Value Restricted stock granted in 2019 3,600 $ 18.52 $ 22,000 Restricted stock granted in 2020 3,835 20.40 52,000 Restricted stock granted in 2021 4,081 18.04 74,000 Restricted stock granted in 2022 10,203 27.85 284,000 Restricted stock vested at December 31, 2022 (7,516 ) (19.07 ) (143,000 ) Non-vested restricted stock outstanding at December 31, 2022 14,203 $ 25.30 $ 289,000 During the years ended December 31, 2022 2021, December 31, 2022 Directors' Plan The Directors’ Plan permits the Company’s and the Bank’s directors to elect to receive any compensation to be paid to them in shares of the Company’s common stock. Pursuant to the Directors’ Plan, each director is permitted to make an election to receive shares of stock instead of cash. To encourage directors to elect to receive stock, the Directors’ Plan provides that if a director elects to receive stock, he or she will receive in common stock 110% of the amount of cash fees set by the Board or the Compensation Committee. The value of stock to be awarded pursuant to the Directors’ Plan will be the closing price of a share of common stock as traded on the OTCQX or a price set by the Board or its Compensation Committee, acting in good faith, but in no 2022 2021, 2022 2021 $131,000 and $111,000 d December 31, 2022 2021 December 31, 2022,

Note 10 - Employee Benefit Plan

Note 10 - Employee Benefit Plans	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	( 10 The Company sponsors a 401 December 31, 2022 2021 The Company has established non-qualified account balance deferred compensation plans to provide retirement benefits for certain officers of the Company. The Company is recognizing the expense of these plans as services are rendered using a discount rate of four percent and a retirement age of sixty $265,000 and $193,000 f December 31, 2022 2021 December 31, 2022 2021

Note 11 - Related Party Transac

Note 11 - Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	( 11 Related Party Transactions The Company enters into transactions during the ordinary course of business with officers and directors of the Company and entities in which they hold a significant financial interest. The following table summarizes these transactions: Year Ended December 31, (in thousands) 2022 2021 Loans: Beginning balance $ 8,468 $ 6,606 Originated during the year 544 4,284 Principal repayments (1,788 ) (2,422 ) Ending balance $ 7,224 $ 8,468 Deposits at year-end $ 5,970 $ 9,717 In addition, the Company purchases various insurance policies through a company that employs the spouse of Director Jones. The premiums paid totaled $1.5 million and $1.4 million in 2022 2021 2022 2021,

Note 12 - Fair Value of Financi

Note 12 - Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 12 Fair Value of Financial Instruments The approximate carrying amounts and estimated fair values of the Company’s financial instruments are as follows: At December 31, 2022 At December 31, 2021 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 39,788 $ 39,788 $ 233,473 $ 233,473 Debt securities available for sale 2 129,436 129,436 73,763 73,763 Debt securities held to maturity 2 11,805 9,917 - - Loans held for sale 3 7,058 7,170 11,768 11,964 Loans, net 3 588,715 548,166 490,198 495,209 Federal Home Loan Bank stock 3 463 463 366 366 Accrued interest receivable 3 2,385 2,385 1,505 1,505 Bank owned life insurance 3 16,532 16,532 16,153 16,153 Derivative contract assets 2 2,352 2,352 630 630 Financial liabilities- Deposits 3 731,535 731,506 762,942 763,147 Other Borrowings 3 4,275 4,275 3,575 3,575 Derivative contract liabilities 2 2,352 2,352 630 630 Off-Balance Sheet financial instruments 3 - - - -

Note 13 - Dividend Restrictions

Note 13 - Dividend Restrictions	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Dividend Payment Restrictions [Text Block]	( 13 Dividend Restrictions The Holding Company is limited in the amount of cash dividends it may may may two In January 2023, February 28, 2023 February 9, 2023

Note 14 - Regulatory Matters

Note 14 - Regulatory Matters	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 14 Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the 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 and the Bank’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. The Bank is subject to the Basel III capital level threshold requirements under the Prompt Corrective Action regulations which phased in full compliance over a multi-year schedule. These regulations were designed to ensure that banks maintain strong capital positions even in the event of severe economic downturns or unforeseen losses. The Bank is subject to the capital conservation buffer rules which place limitations on distributions, including dividend payments, and certain discretionary bonus payments to executive officers. In order to avoid these limitations, a bank must hold a capital conservation buffer above its minimum risk-based capital requirements. As of December 31, 2022 2021 Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and percentage (set forth in the table below) of total and Tier 1 1 December 31, 2022 As of December 31, 2022 1 1 no Actual For Capital Adequacy Purposes For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of December 31, 2022 Tier 1 Leverage ratio to Average Assets $ 81,100 9.70 % $ 33,461 4.00 % $ 41,826 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 81,100 12.90 28,290 4.50 40,863 6.50 Tier 1 Capital to Risk-Weighted Assets 81,100 12.90 37,720 6.00 50,294 8.00 Total Capital to Risk-Weighted Assets 88,245 14.04 50,294 8.00 62,867 10.00 As of December 31, 2021: Tier 1 Leverage ratio to Average Assets $ 70,548 8.53 % $ 33,071 4.00 % $ 41,338 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 70,548 13.45 23,596 4.50 34,083 6.50 Tier 1 Capital to Risk-Weighted Assets 70,548 13.45 31,461 6.00 41,948 8.00 Total Capital to Risk-Weighted Assets 76,522 14.59 41,948 8.00 52,435 10.00

Note 15 - Legal Contingencies

Note 15 - Legal Contingencies	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 15 Legal Contingencies Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will not December 31, 2022 no

Note 16 - Earnings Per Share

Note 16 - Earnings Per Share	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	( 16 2022 2021 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Year Ended December 31, Basic EPS: Net earnings $ 9,681 3,154,866 $ 3.07 $ 8,347 3,126,547 $ 2.67 Effect of dilutive securities-incremental shares from assumed conversion of options 38,908 15,935 Diluted EPS: Net earnings $ 9,681 3,193,774 $ 3.03 $ 8,347 3,142,482 $ 2.66

Note 17 - Derivatives

Note 17 - Derivatives	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	( 17 The Company has entered into interest rate swaps in order to provide commercial real estate loan clients the ability to swap from variable to fixed interest rates. Under these agreements, the Company enters into a variable rate loan with a client at a specified index (Wall Street Journal Prime Lending Rate) in addition to a borrower swap agreement. This swap agreement effectively converts the client’s variable rate loan into a fixed rate. The Company then enters into a matching swap agreement with a third not no At December 31, 2022 2021 dollars in thousands Notional amount - interest rate swaps: Stand-alone derivatives $ 20,084 $ 20,606 Weighted-average pay rate - interest rate swaps 3.68 % 3.69 % Weighted-average receive rate - interest rate swaps 3.00 % 3.00 % Weighted-average maturity (in years) - interest rate swaps 12.6 13.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,352 $ 630 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,352 ) $ (630 ) The Company is party to a collateral support agreement with its dealer counterparty. Such agreement requires that the Company or the dealer counterparty to maintain collateral based on the fair values of derivative instruments. In the event of default by a counterparty the non-defaulting counterparty would be entitled to the collateral. The Company does not

Note 18 - Parent Company Only F

Note 18 - Parent Company Only Financial Information	12 Months Ended
	Dec. 31, 2022
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	( 18 ) Parent Company Only Financial Information The Holding Company's unconsolidated financial information follows: Condensed Balance Sheets December 31, 2022 2021 (in thousands) Assets Cash $ 204 $ 114 Investment in subsidiary 71,125 70,475 Other assets 30 27 Total assets $ 71,359 $ 70,616 Liabilities and Stockholders' Equity Liabilities: Other borrowings $ 4,275 $ 3,575 Accrued interest 31 10 Total liabilities 4,306 3,585 Stockholders' equity 67,053 67,031 Total liabilities and stockholders' equity $ 71,359 $ 70,616 Condensed Statements of Earnings Year Ended December 31, 2022 2021 (in thousands) Revenues $ - $ - Expenses (756 ) (590 ) Income tax benefit 192 140 Loss before earnings of subsidiary (564 ) (450 ) Net earnings of subsidiary 10,245 8,797 Net earnings $ 9,681 $ 8,347 Condensed Statements of Cash Flows Year Ended December 31, (in thousands) 2022 2021 Cash flows from operating activities: Net Earnings $ 9,681 $ 8,347 Adjustments to reconcile net earnings to net cash used in operating activities: Equity in earnings of subsidiary (10,245 ) (8,797 ) Stock issued as compensation 131 111 Net change in other assets and other liabilities (3 ) 11 Increase in interest payable 21 - Net cash used in operating activities (415 ) (328 ) Cash flows from investment activities- Cash infusion to subsidiary - (3,725 ) Net cash used in investing activities - (3,725 ) Cash flows from financing activities: Proceeds from other borrowings 700 3,575 Common stock retirement - - Cash dividend paid (567 ) (438 ) Proceeds from stock options exercised 372 3 Net cash provided by (used in) financing activities 505 3,140 Net increase (decrease) in cash 90 (913 ) Cash at beginning of the year 114 1,027 Cash at end of year $ 204 $ 114 Supplemental disclosure of cash flow information- Noncash items: Net change in accumulated other comprehensive loss of subsidiary, net of change in unrealized loss on debt securities available for sale, net of tax benefit $ (9,902 ) $ (1,474 ) Stock-based compensation expense of subsidiary $ 307 $ 227

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Organization. The following is a description of the significant accounting policies and practices followed by the Company, which conform to accounting principles generally accepted in the United States of America ("GAAP") and prevailing practices within the banking industry.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates.
Consolidation, Policy [Policy Text Block]	Principles of Consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents. ninety On March 12, 2021, March 24, 2020 zero
Securities [Policy Text Block]	Debt Securities. may not Management evaluates debt securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3
Financing Receivable, Held-for-sale [Policy Text Block]	Loans Held for Sale. December 31, 2022 2021 December 31, 2022 December 31, 2021 December 31, 2022 2021
Financing Receivable, Held-for-investment [Policy Text Block]	Loans. Commitment and loan origination fees are deferred and certain direct origination costs are capitalized. Both are recognized as an adjustment of the yield of the related loan. The accrual of interest on all portfolio classes is discontinued at the time the loan is ninety not
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses. no December 31, 2022 2021 The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may The allowance consists of specific and general components. The specific component relates to loans that are considered impaired. For such loans, an allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers all other loans and is based on the following factors. The historical loss component of the allowance is determined by losses recognized by portfolio segment over the preceding thirty-six 1 2 3 4 5 6 7 8 9 Allowance for Loan Losses, Continued. not
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment.
Bank Owned Life Insurance [Policy Text Block]	Bank-Owned Life Insurance (BOLI). .
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfer of Financial Assets. 1 2 3 not 1 2 no 3 not
Off-Balance-Sheet Credit Exposure, Policy [Policy Text Block]	Off-Balance Sheet Financial Instruments.
Revenue from Contract with Customer [Policy Text Block]	Revenue from Contracts with Customers. 606 606” 606
Debit Card and ATM Revenue, Policy [Policy Text Block]	Debit Card/ATM Revenue.
Income Tax, Policy [Policy Text Block]	Income Taxes. two Deferred tax assets are recognized if it is more likely than not, not” 50 Income Taxes, Continued . not 50 not not December 31, 2022 not not not The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns. Income taxes are allocated to the Holding Company and Bank as if separate income tax returns were filed.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements. three may Level 1: Level 2: not may third Level 3: The following describes valuation methodologies used for assets measured at fair value: Debt Securities Available for Sale. 1 1 not 2 3 Derivatives: 2 not third
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Values of Financial Instruments. Cash and Cash Equivalents. 1 Debt Securities. 2 Loans Held for Sale. 3 Loans. one four 3 Federal Home Loan Bank Stock. 3 Accrued Interest Receivable. 3 Bank Owned Life Insurance. 3 Deposits. 3 Other borrowings. 3 Derivatives. 2 Off-Balance Sheet Instruments. 3
Advertising Cost [Policy Text Block]	Advertising.
Share-Based Payment Arrangement [Policy Text Block]	Stock - Based Compensation.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive (Loss) Income.
Derivatives, Policy [Policy Text Block]	Derivatives. third not no
Mortgage Banking Activity [Policy Text Block]	Mortgage Banking Revenue.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Standards Update In June 2016, 2016 13, Financial Instruments - Credit Losses (Topic 326 The Company will adopt this accounting standard effective January 1, 2023. The Company does not not not

Note 2 - Debt Securities (Table

Note 2 - Debt Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Debt Securities, Available-for-Sale and Held-to-Maturity [Table Text Block]	Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 48,124 $ - $ (2,219 ) $ 45,905 Municipal securities 22,338 - (2,874 ) 19,464 U.S. agency mortgage-backed securities 68,633 - (8,131 ) 60,502 Asset-backed securities 3,702 - (137 ) 3,565 Total $ 142,797 $ - $ (13,361 ) $ 129,436 Debt Securities Held to Maturity Municipal securities $ 9,215 $ - $ (1,695 ) $ 7,520 U.S. agency mortgage-backed securities 2,590 - (193 ) 2,397 Total $ 11,805 $ - $ (1,888 ) $ 9,917 At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 2,933 $ - $ (14 ) $ 2,919 Municipal securities 17,721 288 (240 ) 17,769 U.S. agency mortgage-backed securities 48,614 379 (528 ) 48,465 Asset-backed securities 4,592 25 (7 ) 4,610 Total $ 73,860 $ 692 $ (789 ) $ 73,763
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements Using Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Fair Assets Inputs Inputs Value (Level 1) (Level 2) (Level 3) (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 45,905 $ - $ 45,905 $ - Municipal securities 19,464 - 19,464 - U.S. agency mortgage-backed securities 60,502 - 60,502 - Asset-backed securities 3,565 - 3,565 - Total $ 129,436 $ - $ 129,436 $ - At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 2,919 $ - $ 2,919 $ - Municipal securities 17,769 - 17,769 - U.S. agency mortgage-backed securities 48,465 - 48,465 - Asset-backed securities 4,610 - 4,610 - Total $ 73,763 $ - $ 73,763 $ -
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Fair Cost Value (in thousands) At December 31, 2022 Debt Securities Available for Sale Due in less than one year $ 2,008 $ 1,967 Due in one to five years 47,342 45,547 Due in five to ten years 18,771 15,865 Due after ten years 6,043 5,555 Mortgage-backed securities 68,633 60,502 Total $ 142,797 $ 129,436 Debt Securities Held to Maturity Due in five to ten years $ 4,613 $ 4,260 Due after ten years 7,192 5,657 Total $ 11,805 $ 9,917
Schedule of Realized Gain (Loss) [Table Text Block]	Year Ended December 31, (in thousands) 2022 2021 Proceeds from sale of securities $ - $ 5,874 Gross gains - 108 Gross losses - - Net gain on sale of securities $ - $ 108
Debt Securities, Available-for-Sale and Held-to-maturity, Unrealized Loss Position, Fair Value [Table Text Block]	Less Than Twelve Months More Than Twelve Months Gross Gross Unrealized Fair Unrealized Fair Losses Value Losses Value (in thousands) At December 31, 2022 Debt Securities Available for Sale U.S. Government treasury and agency securities $ (1,384 ) $ 40,926 $ (835 ) $ 4,979 Municipal securities (999 ) 11,436 (1,875 ) 8,028 U.S. agency mortgage-backed securities (3,246 ) 36,939 (4,885 ) 23,563 Asset-backed securities (102 ) 2,461 (35 ) 1,104 Total $ (5,731 ) $ 91,762 $ (7,630 ) $ 37,674 Debt Securities Held to Maturity Municipal securities $ (1,695 ) $ 7,520 $ - $ - U.S. agency mortgage-backed securities (193 ) 2,397 - - Total $ (1,888 ) $ 9,917 $ - $ - At December 31, 2021 Debt Securities Available for Sale U.S. Government treasury and agency securities $ (14 ) $ 2,919 $ - $ - Municipal securities (240 ) 8,429 - - U.S. agency mortgage-backed securities (528 ) 28,207 - - Asset-backed securities - - (7 ) 1,430 Total $ (782 ) $ 39,555 $ (7 ) $ 1,430

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	At December 31, (in thousands) 2022 2021 Real estate mortgage loans: Commercial $ 202,263 $ 156,306 Residential and home equity 224,211 183,536 Construction 75,151 71,164 Total real estate mortgage loans 501,625 411,006 Commercial loans 86,308 78,584 Consumer and other loans 7,698 7,283 Total loans 595,631 496,873 Add (Deduct): Net deferred loan costs (fees) 229 (701 ) Allowance for loan losses (7,145 ) (5,974 ) Loans, net $ 588,715 $ 490,198
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other Unallocated (in thousands) Commercial Equity Construction Loans Loans Reserve Total Year Ended December 31, 2022 Beginning balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974 Provision (credit) for loan losses 541 468 65 (201 ) 17 - 890 Net recoveries (charge-offs) - - - 299 (18 ) - 281 Ending balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ - $ 7,145 At December 31, 2022 Individually evaluated for impairment: Recorded investment $ 277 $ - $ - $ 66 $ 2 $ - $ 345 Balance in allowance for loan losses $ - $ - $ - $ 14 $ - $ - $ 14 Collectively evaluated for impairment: Recorded investment $ 201,986 $ 224,211 $ 75,151 $ 86,242 $ 7,696 $ - $ 595,286 Balance in allowance for loan losses $ 2,303 $ 2,607 $ 922 $ 1,209 $ 90 $ - $ 7,131 Year Ended December 31, 2021 Beginning balance $ 1,500 $ 1,827 $ 539 $ 1,592 $ 75 $ 559 $ 6,092 Provision (credit) for loan losses 262 322 318 (490 ) 43 (559 ) (104 ) Net (charge-offs) recoveries - (10 ) - 23 (27 ) - (14 ) Ending balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974 At December 31, 2021 Individually evaluated for impairment: Recorded investment $ - $ - $ - $ - $ 4 $ - $ 4 Balance in allowance for loan losses $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment: Recorded investment $ 156,306 $ 183,536 $ 71,164 $ 78,584 $ 7,279 $ - $ 496,869 Balance in allowance for loan losses $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ - $ 5,974
Financing Receivable Credit Quality Indicators [Table Text Block]	Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total At December 31, 2022 Grade: Pass $ 200,192 $ 221,552 $ 74,516 $ 85,874 $ 7,696 $ 589,830 Special mention 1,794 2,616 635 368 2 5,415 Substandard 277 43 - 66 - 386 Doubtful - - - - - - Loss - - - - - - Total $ 202,263 $ 224,211 $ 75,151 $ 86,308 $ 7,698 $ 595,631 At December 31, 2021 Grade: Pass $ 153,404 $ 181,770 $ 71,051 $ 78,462 $ 7,233 $ 491,920 Special mention 2,902 1,766 113 118 50 4,949 Substandard - - - 4 - 4 Doubtful - - - - - - Loss - - - - - - Total $ 156,306 $ 183,536 $ 71,164 $ 78,584 $ 7,283 $ 496,873
Financing Receivable, Past Due [Table Text Block]	Accruing Loans Greater Than 30-59 Days 60-89 Days 90 Days Total Past Nonaccrual Total (in thousands) Past Due Past Due Past Due Due Current Loans Loans At December 31, 2022: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 201,986 $ 277 $ 202,263 Residential and home equity 1,383 413 349 2,145 222,066 - 224,211 Construction 651 - 55 706 74,445 - 75,151 Commercial loans 293 160 - 453 85,789 66 86,308 Consumer and other loans - - - - 7,698 - 7,698 Total $ 2,327 $ 573 $ 404 $ 3,304 $ 591,984 $ 343 $ 595,631 At December 31, 2021: Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 156,306 $ - $ 156,306 Residential and home equity 710 - - 710 182,826 - 183,536 Construction - - - - 71,164 - 71,164 Commercial loans 411 - - 411 78,173 - 78,584 Consumer and other loans - - - - 7,283 - 7,283 Total $ 1,121 $ - $ - $ 1,121 $ 495,752 $ - $ 496,873
Impaired Financing Receivables [Table Text Block]	With No Related Allowance Recorded With an Allowance Recorded Total Unpaid Unpaid Unpaid Contractual Contractual Contractual Recorded Principal Recorded Principal Related Recorded Principal Related (in thousands) Investment Balance Investment Balance Allowance Investment Balance Allowance At December 31, 2022 Commercial real estate $ 277 $ 277 $ - $ - $ - $ 277 $ 277 $ - Commercial - - 66 66 14 66 66 14 Consumer and other loans 2 2 - - - 2 2 - Total $ 279 $ 279 $ 66 $ 66 $ 14 $ 345 $ 345 $ 14 At December 31, 2021 Consumer and other loans $ 4 $ 4 $ - $ - $ - $ 4 $ 4 $ - Total $ 4 $ 4 $ - $ - $ - $ 4 $ 4 $ -
Impaired Financing Receivables, Average Recorded Investment, and Interest Income Recognized [Table Text Block]	Average Interest Interest Recorded Income Income (in thousands) Investment Recognized Received Year Ended December 31, 2022 Commercial real estate $ 143 $ - $ - Residential and home equity 115 17 17 Commercial 34 - - Consumer and other loans 1 - - Total $ 293 $ 17 $ 17 (in thousands) Year Ended December 31, 2021 Residential and home equity $ 302 $ - $ - Commercial 174 - - Total $ 476 $ - $ -
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	Year Ended December 31, 2022 Year Ended December 31, 2021 Pre- Post- Current Pre- Post- Current Modification Modification Modification Modification Modification Modification Number Outstanding Outstanding Outstanding Number Outstanding Outstanding Outstanding of Recorded Recorded Recorded of Recorded Recorded Recorded Contracts Investment Investment Investment Contracts Investment Investment Investment (in thousands) Troubled Debt Restructurings: Modified interest rate Consumer - $ - $ - $ - 1 $ 4 $ 4 $ 4 Total - $ - $ - $ - 1 $ 4 $ 4 $ 4

Note 4 - Premises and Equipme_2

Note 4 - Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Property, Plant and Equipment [Table Text Block]	At December 31, 2022 2021 (in thousands) Land $ 1,704 $ 1,704 Buildings 5,089 5,085 Leasehold improvements 1,584 1,551 Furniture, fixtures and equipment 2,360 2,099 Computer and software 3,642 3,197 Total, at cost 14,379 13,636 Less accumulated depreciation and amortization (6,357 ) (5,674 ) Premises and equipment, net $ 8,022 $ 7,962
Lease, Cost [Table Text Block]	At December 31, 2022 2021 (in thousands) Operating lease cost $ 319 $ 319 Cash paid for amount included in the measurement of operating lease liability operating cash flows from operating lease $ 294 $ 294 (dollars in thousands) 2022 2021 Operating lease right of use asset $ 3,044 $ 3,258 Operating lease liability 3,208 3,397 Weighted average remaining lease term - operating lease (in years) 11.6 12.6 Weighted average discount rate 3.17 % 3.17 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(in thousands) At December 31, 2022 2023 $ 294 2024 306 2025 323 2026 323 2027 323 Thereafter 2,321 Total future minimum lease payments 3,890 Less interest (682 ) Total $ 3,208

Note 5 - Deposits (Tables)

Note 5 - Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Time Deposit Maturities [Table Text Block]	(in thousands) Year Ending December 31, Amount 2023 $ 30,162 2024 8,468 2025 348 2026 708 2039 423 Total $ 40,109

Note 7 - Income Taxes (Tables)

Note 7 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended December 31, (in thousands) 2022 2021 Current: Federal $ 2,699 $ 2,109 State 685 356 Total current 3,384 2,465 Deferred: Federal (257 ) 41 State (71 ) 11 Total deferred (328 ) 52 Total income taxes $ 3,056 $ 2,517
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended December 31, 2022 2021 % of % of Pretax Pretax Amount Earnings Amount Earnings (dollars in thousands) Income taxes at statutory rate $ 2,675 21.0 % $ 2,282 21.0 % Increase (decrease) resulting from: State taxes, net of federal tax benefit 485 3.8 291 2.7 Tax-exempt income (105 ) (0.8 ) (75 ) (0.7 ) Other nondeductible expenses 1 - 19 0.2 Total $ 3,056 24.0 % $ 2,517 23.2 %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	At December 31, 2022 2021 (in thousands) Deferred tax assets: Allowance for loan losses $ 1,827 $ 1,514 Organizational and start-up costs 2 11 Stock-based compensation 132 105 Deferred compensation 201 134 Unrealized losses on securities available for sale 3,386 24 Operating lease liability 813 861 Other 13 19 Deferred tax assets 6,374 2,668 Deferred tax liabilities: Prepaid Expenses (144 ) (143 ) Deferred loan costs (688 ) (567 ) Premises and equipment (238 ) (289 ) Right of use lease asset (771 ) (826 ) Deferred tax liabilities (1,841 ) (1,825 ) Net deferred tax asset $ 4,533 $ 843

Note 8 - Off-balance Sheet Fi_2

Note 8 - Off-balance Sheet Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	At December 31, 2022 (in thousands) Commitments to extend credit $ 10,667 Construction loans in process 61,991 Unused lines of credit 77,268 Standby financial letters of credit 3,319 Guaranteed accounts 1,425 Total off-balance sheet instruments $ 154,670

Note 9 - Stock Compensation P_2

Note 9 - Stock Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Year ended December 31, 2022 2021 Weighted average risk-free interest rate 2.91 % 1.15-1.30 % Expected dividend yield 0.71 % 0.49-0.62 % Expected stock volatility 33.18 % 22.94-30.69 % Expected life in years 6.5 6.5 Per share fair value of options issued during year $ 9.10 $ 3.26
Nonvested Restricted Stock Shares Activity [Table Text Block]	Wtd-Avg Unvested Shares Number of Grant Date Grant Date Shares Fair Value per Share Fair Value Restricted stock granted in 2019 3,600 $ 18.52 $ 22,000 Restricted stock granted in 2020 3,835 20.40 52,000 Restricted stock granted in 2021 4,081 18.04 74,000 Restricted stock granted in 2022 10,203 27.85 284,000 Restricted stock vested at December 31, 2022 (7,516 ) (19.07 ) (143,000 ) Non-vested restricted stock outstanding at December 31, 2022 14,203 $ 25.30 $ 289,000
The 2015 Stock Incentive Compensation Plan [Member]
Notes Tables
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term Value Outstanding at December 31, 2020 272,057 $ 19.80 Options granted 18,000 27.12 Options exercised (150 ) 20.09 Options forfeited (21,250 ) 20.58 Outstanding at December 31, 2021 268,657 20.23 Options granted 3,500 25.37 Options exercised (20,240 ) 18.35 Options forfeited (550 ) 20.09 Outstanding at December 31, 2022 251,367 $ 19.99 5.3 $ 1,482,000 Exercisable at December 31, 2022 187,287 $ 20.46 5.0 $ 1,176,000

Note 11 - Related Party Trans_2

Note 11 - Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Related Party Transactions [Table Text Block]	Year Ended December 31, (in thousands) 2022 2021 Loans: Beginning balance $ 8,468 $ 6,606 Originated during the year 544 4,284 Principal repayments (1,788 ) (2,422 ) Ending balance $ 7,224 $ 8,468 Deposits at year-end $ 5,970 $ 9,717

Note 12 - Fair Value of Finan_2

Note 12 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At December 31, 2022 At December 31, 2021 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 39,788 $ 39,788 $ 233,473 $ 233,473 Debt securities available for sale 2 129,436 129,436 73,763 73,763 Debt securities held to maturity 2 11,805 9,917 - - Loans held for sale 3 7,058 7,170 11,768 11,964 Loans, net 3 588,715 548,166 490,198 495,209 Federal Home Loan Bank stock 3 463 463 366 366 Accrued interest receivable 3 2,385 2,385 1,505 1,505 Bank owned life insurance 3 16,532 16,532 16,153 16,153 Derivative contract assets 2 2,352 2,352 630 630 Financial liabilities- Deposits 3 731,535 731,506 762,942 763,147 Other Borrowings 3 4,275 4,275 3,575 3,575 Derivative contract liabilities 2 2,352 2,352 630 630 Off-Balance Sheet financial instruments 3 - - - -

Note 14 - Regulatory Matters (T

Note 14 - 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 For Well Capitalized Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of December 31, 2022 Tier 1 Leverage ratio to Average Assets $ 81,100 9.70 % $ 33,461 4.00 % $ 41,826 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 81,100 12.90 28,290 4.50 40,863 6.50 Tier 1 Capital to Risk-Weighted Assets 81,100 12.90 37,720 6.00 50,294 8.00 Total Capital to Risk-Weighted Assets 88,245 14.04 50,294 8.00 62,867 10.00 As of December 31, 2021: Tier 1 Leverage ratio to Average Assets $ 70,548 8.53 % $ 33,071 4.00 % $ 41,338 5.00 % Common Equity Tier 1 Capital to Risk-Weighted Assets 70,548 13.45 23,596 4.50 34,083 6.50 Tier 1 Capital to Risk-Weighted Assets 70,548 13.45 31,461 6.00 41,948 8.00 Total Capital to Risk-Weighted Assets 76,522 14.59 41,948 8.00 52,435 10.00

Note 16 - Earnings Per Share (T

Note 16 - Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2022 2021 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Year Ended December 31, Basic EPS: Net earnings $ 9,681 3,154,866 $ 3.07 $ 8,347 3,126,547 $ 2.67 Effect of dilutive securities-incremental shares from assumed conversion of options 38,908 15,935 Diluted EPS: Net earnings $ 9,681 3,193,774 $ 3.03 $ 8,347 3,142,482 $ 2.66

Note 17 - Derivatives (Tables)

Note 17 - Derivatives (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	At December 31, 2022 2021 dollars in thousands Notional amount - interest rate swaps: Stand-alone derivatives $ 20,084 $ 20,606 Weighted-average pay rate - interest rate swaps 3.68 % 3.69 % Weighted-average receive rate - interest rate swaps 3.00 % 3.00 % Weighted-average maturity (in years) - interest rate swaps 12.6 13.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,352 $ 630 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,352 ) $ (630 )

Note 18 - Parent Company Only_2

Note 18 - Parent Company Only Financial Information (Tables)	12 Months Ended
	Dec. 31, 2022
Notes Tables
Condensed Balance Sheet [Table Text Block]	Condensed Balance Sheets December 31, 2022 2021 (in thousands) Assets Cash $ 204 $ 114 Investment in subsidiary 71,125 70,475 Other assets 30 27 Total assets $ 71,359 $ 70,616 Liabilities and Stockholders' Equity Liabilities: Other borrowings $ 4,275 $ 3,575 Accrued interest 31 10 Total liabilities 4,306 3,585 Stockholders' equity 67,053 67,031 Total liabilities and stockholders' equity $ 71,359 $ 70,616
Condensed Income Statement [Table Text Block]	Condensed Statements of Earnings Year Ended December 31, 2022 2021 (in thousands) Revenues $ - $ - Expenses (756 ) (590 ) Income tax benefit 192 140 Loss before earnings of subsidiary (564 ) (450 ) Net earnings of subsidiary 10,245 8,797 Net earnings $ 9,681 $ 8,347
Condensed Cash Flow Statement [Table Text Block]	Condensed Statements of Cash Flows Year Ended December 31, (in thousands) 2022 2021 Cash flows from operating activities: Net Earnings $ 9,681 $ 8,347 Adjustments to reconcile net earnings to net cash used in operating activities: Equity in earnings of subsidiary (10,245 ) (8,797 ) Stock issued as compensation 131 111 Net change in other assets and other liabilities (3 ) 11 Increase in interest payable 21 - Net cash used in operating activities (415 ) (328 ) Cash flows from investment activities- Cash infusion to subsidiary - (3,725 ) Net cash used in investing activities - (3,725 ) Cash flows from financing activities: Proceeds from other borrowings 700 3,575 Common stock retirement - - Cash dividend paid (567 ) (438 ) Proceeds from stock options exercised 372 3 Net cash provided by (used in) financing activities 505 3,140 Net increase (decrease) in cash 90 (913 ) Cash at beginning of the year 114 1,027 Cash at end of year $ 204 $ 114 Supplemental disclosure of cash flow information- Noncash items: Net change in accumulated other comprehensive loss of subsidiary, net of change in unrealized loss on debt securities available for sale, net of tax benefit $ (9,902 ) $ (1,474 ) Stock-based compensation expense of subsidiary $ 307 $ 227

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Dec. 31, 2022 USD ($)	Jan. 01, 2023 USD ($)	Dec. 31, 2021 USD ($)
Subsidiary, Ownership Percentage By Parent	100%
Number of Banking Offices	4
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance, Ending Balance	$ 7,058,000		$ 11,768,000
Financing Receivable, Ratio of Allowance to Total Loans	1.20%
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss, Ending Balance		$ (1,900,000)
Financing Receivable, Ratio of Allowance to Total Loans		0.76%

Note 2 - Debt Securities (Detai

Note 2 - Debt Securities (Details Textual)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Debt Securities, Available-for-Sale, Restricted	$ 13,284,000	$ 11,926,000
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	106	26

Note 2 - Debt Securities - Summ

Note 2 - Debt Securities - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Amortized Cost, AFS	$ 142,797	$ 73,860
Gross Unrealized Gains, available for sale	0	692
Gross Unrealized Losses, available for sale	(13,361)	(789)
Debt securities available for sale	129,436	73,763
Amortized Cost, held to maturity	11,805
Gross Unrealized Gains, held to maturity	0
Gross Unrealized Losses, held to maturity	(1,888)
Debt Securities, Held-to-Maturity, Fair Value, Total	9,917
US Treasury and Government [Member]
Amortized Cost, AFS	48,124	2,933
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(2,219)	(14)
Debt securities available for sale	45,905	2,919
US States and Political Subdivisions Debt Securities [Member]
Amortized Cost, AFS	22,338	17,721
Gross Unrealized Gains, available for sale	0	288
Gross Unrealized Losses, available for sale	(2,874)	(240)
Debt securities available for sale	19,464	17,769
Amortized Cost, held to maturity	9,215
Gross Unrealized Gains, held to maturity	0
Gross Unrealized Losses, held to maturity	(1,695)
Debt Securities, Held-to-Maturity, Fair Value, Total	7,520
Collateralized Mortgage-Backed Securities [Member]
Amortized Cost, AFS	68,633	48,614
Gross Unrealized Gains, available for sale	0	379
Gross Unrealized Losses, available for sale	(8,131)	(528)
Debt securities available for sale	60,502	48,465
Amortized Cost, held to maturity	2,590
Gross Unrealized Gains, held to maturity	0
Gross Unrealized Losses, held to maturity	(193)
Debt Securities, Held-to-Maturity, Fair Value, Total	2,397
Asset-Backed Securities [Member]
Amortized Cost, AFS	3,702	4,592
Gross Unrealized Gains, available for sale	0	25
Gross Unrealized Losses, available for sale	(137)	(7)
Debt securities available for sale	$ 3,565	$ 4,610

Note 2 - Debt Securities - Secu

Note 2 - Debt Securities - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt securities available for sale	$ 129,436	$ 73,763
US Treasury and Government [Member]
Debt securities available for sale	45,905	2,919
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	19,464	17,769
Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale	60,502	48,465
Asset-Backed Securities [Member]
Debt securities available for sale	3,565	4,610
Fair Value, Recurring [Member]
Debt securities available for sale	129,436	73,763
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	129,436	73,763
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | US Treasury and Government [Member]
Debt securities available for sale	45,905	2,919
Fair Value, Recurring [Member] | US Treasury and Government [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | US Treasury and Government [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	45,905	2,919
Fair Value, Recurring [Member] | US Treasury and Government [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	19,464	17,769
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	19,464	17,769
Fair Value, Recurring [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale	60,502	48,465
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	60,502	48,465
Fair Value, Recurring [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | Asset-Backed Securities [Member]
Debt securities available for sale	3,565	4,610
Fair Value, Recurring [Member] | Asset-Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Debt securities available for sale	0	0
Fair Value, Recurring [Member] | Asset-Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	3,565	4,610
Fair Value, Recurring [Member] | Asset-Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Debt securities available for sale	$ 0	$ 0

Note 2 - Debt Securities - Sche

Note 2 - Debt Securities - Scheduled Maturities of Securities with Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Due in less than one year, amortized cost	$ 2,008
Due in less than one year, fair value	1,967
Due in one to five years, amortized cost	47,342
Due in one to five years, fair value	45,547
Due in five to ten years, amortized cost	18,771
Due in five to ten years, fair value	15,865
Due after ten years, amortized cost	6,043
Due after ten years, fair value	5,555
Mortgage-backed securities, amortized cost	68,633
Mortgage-backed securities, fair value	60,502
Total, amortized cost, AFS	142,797	$ 73,860
Total, fair value, AFS	129,436	73,763
Due in five to ten years, held-to-maturity	4,613
Due in five to ten years, fair value, held-to-maturity	4,260
Due after ten years, held-to-maturity	7,192
Due after ten years, fair value, held-to-maturity	5,657
Debt securities held to maturity (fair value of $9,917 in 2022)	11,805	$ 0
Total, fair value, HTM	$ 9,917

Note 2 - Debt Securities - Su_2

Note 2 - Debt Securities - Summary of Sale of Securities Available for Sale (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Proceeds from the sale of debt securities available for sale	$ 0	$ 5,874
Gross gains	0	108
Gross losses	0	0
Net gain on sale of securities	$ 0	$ 108

Note 2 - Debt Securities - Su_3

Note 2 - Debt Securities - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Gross Unrealized Losses, Less Than Twelve Months, AFS	$ (5,731)	$ (782)
Fair Value, Less Than Twelve Months, AFS	91,762	39,555
Gross Unrealized Losses, Over Twelve Months, AFS	(7,630)	(7)
Fair Value, Over Twelve Months, AFS	37,674	1,430
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	(1,888)
Fair Value, Less Than Twelve Months, held-to-maturity	9,917
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	0
Fair Value, Over Twelve Months, Held-to-maturity	0
US Treasury and Government [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	(1,384)	(14)
Fair Value, Less Than Twelve Months, AFS	40,926	2,919
Gross Unrealized Losses, Over Twelve Months, AFS	(835)	0
Fair Value, Over Twelve Months, AFS	4,979	0
US States and Political Subdivisions Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	(999)	(240)
Fair Value, Less Than Twelve Months, AFS	11,436	8,429
Gross Unrealized Losses, Over Twelve Months, AFS	(1,875)	0
Fair Value, Over Twelve Months, AFS	8,028	0
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	(1,695)
Fair Value, Less Than Twelve Months, held-to-maturity	7,520
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	0
Fair Value, Over Twelve Months, Held-to-maturity	0
Collateralized Mortgage-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	(3,246)	(528)
Fair Value, Less Than Twelve Months, AFS	36,939	28,207
Gross Unrealized Losses, Over Twelve Months, AFS	(4,885)	0
Fair Value, Over Twelve Months, AFS	23,563	0
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	(193)
Fair Value, Less Than Twelve Months, held-to-maturity	2,397
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	0
Fair Value, Over Twelve Months, Held-to-maturity	0
Asset-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	(102)	0
Fair Value, Less Than Twelve Months, AFS	2,461	0
Gross Unrealized Losses, Over Twelve Months, AFS	(35)	(7)
Fair Value, Over Twelve Months, AFS	$ 1,104	$ 1,430

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021
Number of Portfolio Classes	5
Impairment Valuation Loan Limit	$ 1,000,000
Financing Receivable, Recorded Investment 30 Days Past Due and Still Accruing, Number of Loans	18
Financing Receivable Recorded Investment 90 Days Past Due and Still Accruing, Number of Loans	2
Financing Receivable, Recorded Investment, Nonaccrual Status, Number of Loans	2
Financing Receivable, Modifications, Number of Contracts	0	1
Financing Receivable, Modified, Number of Contracts	1
Financing Receivable, Troubled Debt Restructuring	$ 2,000
Minimum [Member] | Loans Receivable [Member]
Loan Maturity Period (Year)	1 year
Maximum [Member] | Loans Receivable [Member]
Loan Maturity Period (Year)	10 years
Real Estate Mortgage Loans [Member]
Number of Portfolio Classes	3
Commercial Real Estate Portfolio Segment [Member]
Period of Fixed Interest Rate (Year)	5 years
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Loan Maturity Period (Year)	3 years
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Loan Maturity Period (Year)	5 years
Residential Portfolio Segment [Member] | Period 2 [Member]
Period of Fixed Interest Rate (Year)	30 years
Period of Adjustment of Interest Rate (Year)	3 years
Residential Portfolio Segment [Member] | Period 3 [Member]
Period of Adjustment of Interest Rate (Year)	5 years
Residential Portfolio Segment [Member] | Period 4 [Member]
Period of Adjustment of Interest Rate (Year)	7 years
Residential Portfolio Segment [Member] | Period 5 [Member]
Period of Adjustment of Interest Rate (Year)	10 years
Residential Portfolio Segment [Member] | Period 1 [Member]
Period of Fixed Interest Rate (Year)	15 years
Real Estate Construction Loan [Member] | Minimum [Member]
Loan Maturity Period (Year)	1 year
Real Estate Construction Loan [Member] | Maximum [Member]
Loan Maturity Period (Year)	2 years
Commercial Portfolio Segment [Member] | Maximum [Member] | Equipment Loans [Member]
Loan Maturity Period (Year)	5 years

Note 3 - Loans - Composition of

Note 3 - Loans - Composition of Company's Loan Portfolio, Excluding Loans Held for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Total loans	$ 595,631	$ 496,873
Net deferred loan costs (fees)	229	(701)
Allowance for loan losses	(7,145)	(5,974)	$ (6,092)
Loans, net	588,715	490,198
Mortgage Receivable [Member]
Total loans	501,625	411,006
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	202,263	156,306
Allowance for loan losses	(2,303)	(1,762)	(1,500)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	224,211	183,536
Allowance for loan losses	(2,607)	(2,139)	(1,827)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	75,151	71,164
Allowance for loan losses	(922)	(857)	(539)
Loans and Finance Receivables [Member]
Total loans		496,873
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	86,308	78,584
Allowance for loan losses	(1,223)	(1,125)	(1,592)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	7,698	7,283
Allowance for loan losses	$ (90)	$ (91)	$ (75)

Note 3 - Loans - Summary of Cha

Note 3 - Loans - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Beginning balance	$ 5,974	$ 6,092
Provision (credit) for loan losses	890	(104)
Net recoveries (charge-offs)	281	(14)
Ending balance	7,145	5,974
Recorded investment, individually evaluated for impairment	345	4
Balance in allowance for loan losses, individually evaluated for impairment	14	0
Recorded investment, collectively evaluated for impairment	595,286	496,869
Balance in allowance for loan losses, collectively evaluated for impairment	7,131	5,974
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Beginning balance	1,762	1,500
Provision (credit) for loan losses	541	262
Net recoveries (charge-offs)	0	0
Ending balance	2,303	1,762
Recorded investment, individually evaluated for impairment	277	0
Balance in allowance for loan losses, individually evaluated for impairment	0	0
Recorded investment, collectively evaluated for impairment	201,986	156,306
Balance in allowance for loan losses, collectively evaluated for impairment	2,303	1,762
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Beginning balance	2,139	1,827
Provision (credit) for loan losses	468	322
Net recoveries (charge-offs)	0	(10)
Ending balance	2,607	2,139
Recorded investment, individually evaluated for impairment	0	0
Balance in allowance for loan losses, individually evaluated for impairment	0	0
Recorded investment, collectively evaluated for impairment	224,211	183,536
Balance in allowance for loan losses, collectively evaluated for impairment	2,607	2,139
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Beginning balance	857	539
Provision (credit) for loan losses	65	318
Net recoveries (charge-offs)	0	0
Ending balance	922	857
Recorded investment, individually evaluated for impairment	0	0
Balance in allowance for loan losses, individually evaluated for impairment	0	0
Recorded investment, collectively evaluated for impairment	75,151	71,164
Balance in allowance for loan losses, collectively evaluated for impairment	922	857
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Beginning balance	1,125	1,592
Provision (credit) for loan losses	(201)	(490)
Net recoveries (charge-offs)	299	23
Ending balance	1,223	1,125
Recorded investment, individually evaluated for impairment	66	0
Balance in allowance for loan losses, individually evaluated for impairment	14	0
Recorded investment, collectively evaluated for impairment	86,242	78,584
Balance in allowance for loan losses, collectively evaluated for impairment	1,209	1,125
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Beginning balance	91	75
Provision (credit) for loan losses	17	43
Net recoveries (charge-offs)	(18)	(27)
Ending balance	90	91
Recorded investment, individually evaluated for impairment	2	4
Balance in allowance for loan losses, individually evaluated for impairment	0	0
Recorded investment, collectively evaluated for impairment	7,696	7,279
Balance in allowance for loan losses, collectively evaluated for impairment	90	91
Loans and Finance Receivables [Member] | Unallocated Financing Receivables [Member]
Beginning balance	0	559
Provision (credit) for loan losses	0	(559)
Net recoveries (charge-offs)	0	0
Ending balance	0	0
Recorded investment, individually evaluated for impairment	0	0
Balance in allowance for loan losses, individually evaluated for impairment	0	0
Recorded investment, collectively evaluated for impairment	0	0
Balance in allowance for loan losses, collectively evaluated for impairment	$ 0	$ 0

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans by credit quality	$ 595,631	$ 496,873
Pass [Member]
Loans by credit quality	589,830	491,920
Special Mention [Member]
Loans by credit quality	5,415	4,949
Substandard [Member]
Loans by credit quality	386	4
Doubtful [Member]
Loans by credit quality	0	0
Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member]
Loans by credit quality	501,625	411,006
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	202,263	156,306
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	200,192	153,404
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	1,794	2,902
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	277	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Loans by credit quality	224,211	183,536
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	221,552	181,770
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	2,616	1,766
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	43	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Loans by credit quality	75,151	71,164
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Pass [Member]
Loans by credit quality	74,516	71,051
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Special Mention [Member]
Loans by credit quality	635	113
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Substandard [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Doubtful [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member]
Loans by credit quality		496,873
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	86,308	78,584
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	85,874	78,462
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	368	118
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	66	4
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Loans by credit quality	7,698	7,283
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Pass [Member]
Loans by credit quality	7,696	7,233
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans by credit quality	2	50
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Substandard [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Doubtful [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans by credit quality	$ 0	$ 0

Note 3 - Loans - Summary of Pas

Note 3 - Loans - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans by credit quality	$ 595,631	$ 496,873
Nonaccrual Loans	343
Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	2,327
Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	573
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	404
Financial Asset, Past Due [Member]
Loans by credit quality	3,304
Financial Asset, Not Past Due [Member]
Loans by credit quality	591,984
Mortgage Receivable [Member]
Loans by credit quality	501,625	411,006
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	202,263	156,306
Nonaccrual Loans	277	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	201,986	156,306
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Loans by credit quality	224,211	183,536
Nonaccrual Loans	0	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	1,383	710
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	413	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	349	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	2,145	710
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	222,066	182,826
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Loans by credit quality	75,151	71,164
Nonaccrual Loans	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	651	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	55	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	706	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	74,445	71,164
Loans and Finance Receivables [Member]
Loans by credit quality		496,873
Nonaccrual Loans		0
Loans and Finance Receivables [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality		1,121
Loans and Finance Receivables [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality		0
Loans and Finance Receivables [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality		0
Loans and Finance Receivables [Member] | Financial Asset, Past Due [Member]
Loans by credit quality		1,121
Loans and Finance Receivables [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality		495,752
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	86,308	78,584
Nonaccrual Loans	66	0
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	293	411
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	160	0
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	453	411
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	85,789	78,173
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Loans by credit quality	7,698	7,283
Nonaccrual Loans	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	$ 7,698	$ 7,283

Note 3 - Loans - Summary of Imp

Note 3 - Loans - Summary of Impaired Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
With No Related Allowance Recorded, Recorded Investment	$ 279	$ 4
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	279	4
With an Allowance Recorded, Recorded Investment	66	0
With an Allowance Recorded, Unpaid Contractual Principal Balance	66	0
Related Allowance	14	0
Total Recorded Investment	345	4
Total Unpaid Contractual Principal Balance	345	4
Loans and Finance Receivables [Member] | Commercial Real Estate Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	277
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	277
With an Allowance Recorded, Recorded Investment	0
With an Allowance Recorded, Unpaid Contractual Principal Balance	0
Related Allowance	0
Total Recorded Investment	277
Total Unpaid Contractual Principal Balance	277
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	0
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	0
With an Allowance Recorded, Recorded Investment	66
With an Allowance Recorded, Unpaid Contractual Principal Balance	66
Related Allowance	14
Total Recorded Investment	66
Total Unpaid Contractual Principal Balance	66
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
With No Related Allowance Recorded, Recorded Investment	2	4
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	2	4
With an Allowance Recorded, Recorded Investment	0	0
With an Allowance Recorded, Unpaid Contractual Principal Balance	0	0
Related Allowance	0	0
Total Recorded Investment	2	4
Total Unpaid Contractual Principal Balance	$ 2	$ 4

Note 3 - Loans - Summary of Ave

Note 3 - Loans - Summary of Average Net Investment in Impaired Loans and Interest Income Recognized and Received on Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Average recorded investment	$ 293	$ 476
Interest income recognized	17	0
Interest income received	17	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Average recorded investment	143
Interest income recognized	0
Interest income received	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Average recorded investment	115	302
Interest income recognized	17	0
Interest income received	17	0
Mortgage Receivable [Member] | Commercial Portfolio Segment [Member]
Average recorded investment	34	174
Interest income recognized	0	0
Interest income received	0	$ 0
Mortgage Receivable [Member] | Consumer Portfolio Segment [Member]
Average recorded investment	1
Interest income recognized	0
Interest income received	$ 0

Note 3 - Loans - Summary of L_2

Note 3 - Loans - Summary of Loans Determined to Be Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Number of Contracts	0	1
Pre-Modification Outstanding Recorded Investment	$ 0	$ 4
Post-Modification Outstanding Recorded Investment	0	4
Current Modification Outstanding Recorded Investment	$ 0	$ 4
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Number of Contracts	0	1
Pre-Modification Outstanding Recorded Investment	$ 0	$ 4
Post-Modification Outstanding Recorded Investment	0	4
Current Modification Outstanding Recorded Investment	$ 0	$ 4

Note 4 - Premises and Equipme_3

Note 4 - Premises and Equipment (Details Textual) - Retail Lease [Member]	Aug. 06, 2018
Lessee, Operating Lease, Term of Contract (Year)	15 years
Lessee, Operating Lease, Number of Renewal Options	4
Lessee, Operating Lease, Renewal Term (Year)	5 years

Note 4 - Premises and Equipme_4

Note 4 - Premises and Equipment - Summary of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Total, at cost	$ 14,379	$ 13,636
Less accumulated depreciation and amortization	(6,357)	(5,674)
Premises and equipment, net	8,022	7,962
Land [Member]
Total, at cost	1,704	1,704
Building [Member]
Total, at cost	5,089	5,085
Leasehold Improvements [Member]
Total, at cost	1,584	1,551
Furniture and Fixtures [Member]
Total, at cost	2,360	2,099
Computer and Software [Member]
Total, at cost	$ 3,642	$ 3,197

Note 4 - Premises and Equipme_5

Note 4 - Premises and Equipment - Lease Expense and Other Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Operating lease cost	$ 319	$ 319
Cash paid for amount included in the measurement of operating lease liability operating cash flows from operating lease	294	294
Operating lease right of use asset	3,044	3,258
Total	$ 3,208	$ 3,397
Weighted average remaining lease term - operating lease (in years) (Year)	11 years 7 months 6 days	12 years 7 months 6 days
Weighted average discount rate	3.17%	3.17%

Note 4 - Premises and Equipme_6

Note 4 - Premises and Equipment - Operating Lease Liability Future Minimum Lease Payment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2023	$ 294
2024	306
2025	323
2026	323
2027	323
Thereafter	2,321
Total future minimum lease payments	3,890
Less interest	(682)
Total	$ 3,208	$ 3,397

Note 5 - Deposits (Details Text

Note 5 - Deposits (Details Textual) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Time Deposits, at or Above FDIC Insurance Limit	$ 14.1	$ 22.8

Note 5 - Deposits - Schedule of

Note 5 - Deposits - Schedule of Maturities of Time Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
2023	$ 30,162
2024	8,468
2025	348
2026	708
2039	423
Total	$ 40,109	$ 49,832

Note 6 - Other Borrowings (Deta

Note 6 - Other Borrowings (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 100,800,000
Federal Home Loan Bank Advances, Total	0	$ 0
Correspondent Banks [Member]
Line of Credit Facility, Current Borrowing Capacity	59,000,000
Thomasville National Bank [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	15,000,000
Long-Term Line of Credit, Total	4,275,000
Interest Expense, Debt, Total	$ 200,000	$ 58,000

Note 7 - Income Taxes - Compone

Note 7 - Income Taxes - Components of Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Federal	$ 2,699	$ 2,109
State	685	356
Total current	3,384	2,465
Federal	(257)	41
State	(71)	11
Total deferred	(328)	52
Total income taxes	$ 3,056	$ 2,517

Note 7 - Income Taxes - Reconci

Note 7 - Income Taxes - Reconciliation of Statutory Federal Income Tax Rate and Effective Tax Rates (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income taxes at statutory rate, amount	$ 2,675	$ 2,282
Income taxes at statutory rate, percent	21%	21%
State taxes, net of federal tax benefit, amount	$ 485	$ 291
State taxes, net of federal tax benefit, percent	3.80%	2.70%
Tax-exempt income, amount	$ (105)	$ (75)
Tax-exempt income, percent	(0.80%)	(0.70%)
Other nondeductible expenses, amount	$ 1	$ 19
Other nondeductible expenses, percent	0%	0.20%
Total income taxes	$ 3,056	$ 2,517
Total, percent	24%	23.20%

Note 7 - Income Taxes - Summary

Note 7 - Income Taxes - Summary of Tax Effects of Temporary Differences on Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Allowance for loan losses	$ 1,827	$ 1,514
Organizational and start-up costs	2	11
Stock-based compensation	132	105
Deferred compensation	201	134
Unrealized losses on securities available for sale	3,386	24
Operating lease liability	813	861
Other	13	19
Deferred tax assets	6,374	2,668
Prepaid Expenses	(144)	(143)
Deferred loan costs	(688)	(567)
Premises and equipment	(238)	(289)
Right of use lease asset	(771)	(826)
Deferred tax liabilities	(1,841)	(1,825)
Net deferred tax asset	$ 4,533	$ 843

Note 8 - Off-balance Sheet Fi_3

Note 8 - Off-balance Sheet Financial Instruments (Details Textual) - Standby Financial Letters of Credit [Member]	12 Months Ended
	Dec. 31, 2022 USD ($)
Debt Instrument, Term (Year)	1 year
Debt Instrument, Collateral Amount	$ 792,000
Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10%

Note 8 - Off-balance Sheet Fi_4

Note 8 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Contractual amounts with off-balance-sheet risk	$ 154,670
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	10,667
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	61,991
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	77,268
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	3,319
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,425

Note 9 - Stock Compensation P_3

Note 9 - Stock Compensation Plans (Details Textual) - USD ($)		12 Months Ended				91 Months Ended
	May 20, 2015	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2022
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		10,203	4,081	3,835	3,600
Share-Based Payment Arrangement, Expense		$ 129,000	$ 71,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 238,000				$ 238,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		2 years 1 month 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)		3 years
The 2015 Stock Incentive Compensation Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		3,500	18,000			322,957
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period (in shares)		550	21,250			51,200
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		181,198				181,198
Share-Based Payment Arrangement, Expense		$ 178,000	$ 156,000
Share-Based Payment Arrangement, Expense, Tax Benefit		19,000	$ 19,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total		$ 179,000				$ 179,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		3 years
The 2015 Stock Incentive Compensation Plan [Member] | Share-Based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	500,000
Maximum Percentage of Shares Issued	15%
The 2015 Stock Incentive Compensation Plan [Member] | Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)						21,719
Directors' Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)		74,805				74,805
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		5,002	5,344
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		36,362				36,362
Share-Based Payment Arrangement, Expense		$ 131,000	$ 111,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees		110%				110%
Share-Based Compensation Arrangement by Share-Based Payment Award, Percentage of Outstanding Stock		1.10%				1.10%

Note 9 - Stock Compensation P_4

Note 9 - Stock Compensation Plans - Summary of the 2015 Plan (Details) - The 2015 Stock Incentive Compensation Plan [Member] - USD ($)	12 Months Ended		91 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022
Number of Options, Outstanding, beginning balance (in shares)	268,657	272,057
Weighted-average Exercise Price, Outstanding, beginning balance (in dollars per share)	$ 20.23	$ 19.80
Number of Options, granted (in shares)	3,500	18,000	322,957
Weighted-average Exercise Price, Options granted (in dollars per share)	$ 25.37	$ 27.12
Number of Options, exercised (in shares)	(20,240)	(150)
Weighted-average Exercise Price, exercised (in dollars per share)	$ 18.35	$ 20.09
Number of Options, forfeited (in shares)	(550)	(21,250)	(51,200)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ 20.09	$ 20.58
Number of Options, outstanding (in shares)	251,367	268,657	251,367
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 19.99	$ 20.23	$ 19.99
Weighted-average Remaining Contractual Term, Outstanding (Year)	5 years 3 months 18 days
Aggregate Intrinsic Value, Outstanding	$ 1,482,000		$ 1,482,000
Number of Options, Exercisable (in shares)	187,287		187,287
Weighted-average Exercise Price, Exercisable (in dollars per share)	$ 20.46		$ 20.46
Weighted-average Remaining Contractual Term, Exercisable (Year)	5 years
Aggregate Intrinsic Value, Exercisable	$ 1,176,000		$ 1,176,000

Note 9 - Stock Compensation P_5

Note 9 - Stock Compensation Plans - Black-Scholes Option-pricing Model Assumptions (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Weighted average risk-free interest rate	2.91%
Expected dividend yield	0.71%
Expected stock volatility	33.18%
Expected life in years (Year)	6 years 6 months	6 years 6 months
Per share fair value of options issued during year (in dollars per share)	$ 9.10	$ 3.26
Minimum [Member]
Weighted average risk-free interest rate		1.15%
Expected dividend yield		0.49%
Expected stock volatility		22.94%
Maximum [Member]
Weighted average risk-free interest rate		1.30%
Expected dividend yield		0.62%
Expected stock volatility		30.69%

Note 9 - Stock Compensation P_6

Note 9 - Stock Compensation Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Non-vested restricted stock granted (in shares)	10,203	4,081	3,835	3,600
Non-vested restricted stock issued, weighted average grant date fair value (in dollars per share)	$ 27.85	$ 18.04	$ 20.40	$ 18.52
Non-vested restricted stock granted, grant date fair value	$ 284,000	$ 74,000	$ 52,000	$ 22,000
Restricted stock vested (in shares)	(7,516)
Restricted stock shares vested, weighted average grant date fair value (in dollars per share)	$ (19.07)
Restricted stock vested, grant date fair value	$ (143,000)
Non-vested restricted stock outstanding, shares (in shares)	14,203
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 25.30
Non-vested restricted stock outstanding, grant date fair value	$ 289,000

Note 10 - Employee Benefit Pl_2

Note 10 - Employee Benefit Plans (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Defined Contribution Plan, Cost	$ 238,000	$ 248,000
Deferred Compensation for Officers [Member]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	4%
Defined Benefit Plan, Benefit Obligation, Ending Balance	$ 265,000	193,000
Deferred Compensation for Officers [Member] | Other Liabilities [Member]
Liability, Defined Benefit Plan, Total	$ 792,000	$ 527,000

Note 11 - Related Party Trans_3

Note 11 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Payment to Acquire Life Insurance Policy, Investing Activities	$ 0	$ 5,197,000
Directors and former CFO [Member]
Payment to Acquire Life Insurance Policy, Investing Activities	1,500,000	1,400,000
Director Jones [Member]
Payment to Acquire Life Insurance Policy, Investing Activities	$ 6,157	$ 5,734

Note 11 - Related Party Trans_4

Note 11 - Related Party Transactions - Summary of Activity of Loans to Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Beginning balance	$ 8,468	$ 6,606
Originated during the year	544	4,284
Principal repayments	(1,788)	(2,422)
Ending balance	7,224	8,468
Deposits at year-end	$ 5,970	$ 9,717

Note 12 - Fair Value of Finan_3

Note 12 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Debt securities available for sale	$ 129,436,000	$ 73,763,000
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance, Ending Balance	7,058,000	11,768,000
Accrued interest receivable	2,385,000	1,505,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	39,788,000	233,473,000
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	129,436,000	73,763,000
Debt securities held to maturity	11,805,000	0
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance, Ending Balance	7,058,000	11,768,000
Loans, net	588,715,000	490,198,000
Federal Home Loan Bank stock	463,000	366,000
Accrued interest receivable	2,385,000	1,505,000
Bank owned life insurance	16,532,000	16,153,000
Derivative contract assets	2,352,000	630,000
Deposits	731,535,000	762,942,000
Other Borrowings	4,275,000	3,575,000
Derivative contract liabilities	2,352,000	630,000
Off-Balance Sheet financial instruments	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	39,788,000	233,473,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	129,436,000	73,763,000
Debt securities held to maturity	9,917,000	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance, Ending Balance	7,170,000	11,964,000
Loans, net	548,166,000	495,209,000
Federal Home Loan Bank stock	463,000	366,000
Accrued interest receivable	2,385,000	1,505,000
Bank owned life insurance	16,532,000	16,153,000
Derivative contract assets	2,352,000	630,000
Deposits	731,506,000	763,147,000
Other Borrowings	4,275,000	3,575,000
Derivative contract liabilities	2,352,000	630,000
Off-Balance Sheet financial instruments	$ 0	$ 0

Note 13 - Dividend Restrictio_2

Note 13 - Dividend Restrictions (Details Textual) - Subsequent Event [Member]	1 Months Ended
	Jan. 31, 2023 $ / shares
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.22
Dividends Payable, Date to be Paid	Feb. 28, 2023
Dividends Payable, Date of Record	Feb. 09, 2023

Note 14 - Regulatory Matters (D

Note 14 - Regulatory Matters (Details Textual)	Dec. 31, 2022	Dec. 31, 2021
Banking Regulation, Capital Conservation Buffer, Capital Conserved, Minimum	0.0250	0.0250

Note 14 - Regulatory Matters -

Note 14 - Regulatory Matters - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Tier 1 Leverage ratio to Average Assets, actual amount	$ 81,100	$ 70,548
Tier 1 Leverage ratio to Average Assets, actual percentage	0.0970	0.0853
Tier 1 Leverage ratio to Average Assets, for capital adequacy purposes, amount	$ 33,461	$ 33,071
Tier 1 Leverage ratio to Average Assets, for capital adequacy purposes, percentage	0.0400	0.0400
Tier 1 Leverage ratio to Average Assets, for well capitalized purposes, amount	$ 41,826	$ 41,338
Tier 1 Leverage ratio to Average Assets, for well capitalized purposes, percentage	0.0500	0.0500
Common Equity Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 81,100	$ 70,548
Common Equity Tier 1 Capital to Risk-Weighted Assets, actual percentage	0.1290	0.1345
Common Equity Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 28,290	$ 23,596
Common Equity Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	0.0450	0.0450
Common Equity Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 40,863	$ 34,083
Common Equity Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	0.0650	0.0650
Tier 1 Capital to Risk-Weighted Assets, actual amount	$ 81,100	$ 70,548
Tier 1 Capital to Risk-Weighted Assets, actual percentage	0.1290	0.1345
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 37,720	$ 31,461
Tier 1 Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	0.0600	0.0600
Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 50,294	$ 41,948
Tier 1 Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	0.0800	0.0800
Total Capital to Risk-Weighted Assets, actual amount	$ 88,245	$ 76,522
Total Capital to Risk-Weighted Assets, actual percentage	0.1404	0.1459
Total Capital to Risk-Weighted Assets, for capital adequacy purposes, amount	$ 50,294	$ 41,948
Total Capital to Risk-Weighted Assets, for capital adequacy purposes, percentage	0.0800	0.0800
Total Capital to Risk-Weighted Assets, for well capitalized purposes, amount	$ 62,867	$ 52,435
Total Capital to Risk-Weighted Assets, for well capitalized purposes, percentage	0.1000	0.1000

Note 16 - Earnings Per Share -

Note 16 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net earnings, basic	$ 9,681	$ 8,347
Weighted-average Shares, basic (in shares)	3,154,866	3,126,547
Net earnings, per share amount, basic (in dollars per share)	$ 3.07	$ 2.67
Effect of dilutive securities-incremental shares from assumed conversion of options (in shares)	38,908	15,935
Net earnings, diluted	$ 9,681	$ 8,347
Weighted-average Shares, diluted (in shares)	3,193,774	3,142,482
Net earnings, per share amount, diluted (in dollars per share)	$ 3.03	$ 2.66

Note 17 - Derivatives - Schedul

Note 17 - Derivatives - Schedule of Derivatives (Details) - Interest Rate Swap [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Stand-alone derivatives	$ 20,084	$ 20,606
Weighted-average pay rate - interest rate swaps	3.68%	3.69%
Weighted-average receive rate - interest rate swaps	3%	3%
Weighted-average maturity (in years) - interest rate swaps (Year)	12 years 7 months 6 days	13 years 7 months 6 days
Stand-alone derivatives - interest rate swaps (other assets)	$ 2,352	$ 630
Stand-alone derivatives - interest rate swaps (other liabilities)	$ (2,352)	$ (630)

Note 18 - Parent Company Only_3

Note 18 - Parent Company Only Financial Information - Schedule of Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other assets	$ 3,391	$ 1,834
Total assets	815,172	841,123
Other borrowings	4,275	3,575
Total liabilities	748,119	774,092
Stockholders' equity	67,053	67,031	$ 60,255
Total liabilities and stockholders' equity	815,172	841,123
Parent Company [Member]
Cash	204	114
Investment in subsidiary	71,125	70,475
Other assets	30	27
Total assets	71,359	70,616
Other borrowings	4,275	3,575
Accrued interest	31	10
Total liabilities	4,306	3,585
Stockholders' equity	67,053	67,031
Total liabilities and stockholders' equity	$ 71,359	$ 70,616

Note 18 - Parent Company Only_4

Note 18 - Parent Company Only Financial Information - Schedule of Condensed Statement of Earnings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Income tax benefit	$ (3,056)	$ (2,517)
Net earnings	9,681	8,347
Parent Company [Member]
Revenues	0	0
Expenses	(756)	(590)
Income tax benefit	192	140
Loss before earnings of subsidiary	(564)	(450)
Net earnings of subsidiary	10,245	8,797
Net earnings	$ 9,681	$ 8,347

Note 18 - Parent Company Only_5

Note 18 - Parent Company Only Financial Information - Schedule of Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Net earnings	$ 9,681	$ 8,347
Stock-based compensation expense	307	227
Net cash used in operating activities	17,597	9,403
Net cash used in investing activities	(180,380)	(30,405)
Proceeds from stock options exercised	372	3
Net cash provided by (used in) financing activities	(30,902)	185,490
Net increase (decrease) in cash	(193,685)	164,488
Accumulated other comprehensive loss, net change in unrealized loss on debt securities available for sale, net of tax benefit	(9,902)	(1,474)
Parent Company [Member]
Net earnings	9,681	8,347
Equity in earnings of subsidiary	(10,245)	(8,797)
Stock-based compensation expense	131	111
Net change in other assets and other liabilities	(3)	11
Increase in interest payable	21	0
Net cash used in operating activities	(415)	(328)
Cash infusion to subsidiary	0	(3,725)
Net cash used in investing activities	0	(3,725)
Proceeds from other borrowings	700	3,575
Common stock retirement	0	0
Cash dividend paid	(567)	(438)
Proceeds from stock options exercised	372	3
Net cash provided by (used in) financing activities	505	3,140
Net increase (decrease) in cash	90	(913)
Cash at beginning of the year	114	1,027
Cash at end of year	204	114
Accumulated other comprehensive loss, net change in unrealized loss on debt securities available for sale, net of tax benefit	(9,902)	(1,474)
Stock-based compensation expense of subsidiary	$ 307	$ 227