Prime Meridian Holding (PMHG) 10-Q 7 Nov 23 2023 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 01, 2023
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	Q3
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
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 Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		3,259,281

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 9,839	$ 8,119
Federal funds sold	8,257	19,259
Interest-bearing deposits	4,308	12,410
Total cash and cash equivalents	22,404	39,788
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	123,838	129,436
Debt securities held to maturity (fair value of $9,662 and $9,917)	11,838	11,805
Loans held for sale	5,182	7,058
Loans, net of allowance for credit losses of $4,899 and $7,145	628,974	588,715
Federal Home Loan Bank stock	1,758	463
Premises and equipment, net	7,613	8,022
Right of use operating lease asset	2,879	3,044
Accrued interest receivable	2,671	2,385
Bank-owned life insurance	16,822	16,532
Other real estate owned	117	0
Other assets	7,889	7,924
Total assets	831,985	815,172
Liabilities:
Noninterest-bearing demand deposits	193,439	197,987
Savings, NOW and money-market deposits	451,492	493,439
Time deposits	77,876	40,109
Total deposits	722,807	731,535
Other borrowings	0	4,275
Federal Home Loan Bank advances	25,000	0
Official checks	717	4,090
Operating lease liability	3,062	3,208
Other liabilities, net	5,612	5,011
Total liabilities	757,198	748,119
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, 3,263,733 and 3,164,491 issued and outstanding	33	32
Additional paid-in capital	40,376	39,718
Retained earnings	45,404	37,278
Accumulated other comprehensive loss	(11,026)	(9,975)
Total stockholders' equity	74,787	67,053
Total liabilities and stockholders' equity	$ 831,985	$ 815,172

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt securities available for sale, fair value	$ 138,607	$ 142,797
Debt securities held to maturity, fair value	9,662	9,917
Loans receivable, allowance for loan losses	$ 4,899	$ 7,145
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)	3,263,733	3,164,491
Common stock, shares outstanding (in shares)	3,263,733	3,164,491

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest income:
Loans	$ 9,019	$ 6,755	$ 25,633	$ 18,568
Debt securities	919	878	2,777	2,000
Other	244	649	650	1,104
Total interest income	10,182	8,282	29,060	21,672
Interest expense:
Deposits	2,691	624	6,141	1,442
Other borrowings and FHLB advances	304	56	824	127
Total interest expense	2,995	680	6,965	1,569
Net interest income	7,187	7,602	22,095	20,103
Credit loss expense	175	241	743	601
Net interest income after credit loss expense	7,012	7,361	21,352	19,502
Noninterest income:
Mortgage banking revenue, net	121	116	250	420
Income from bank-owned life insurance	100	96	290	285
Other income	49	61	165	177
Total noninterest income	499	483	1,403	1,505
Noninterest expense:
Salaries and employee benefits	2,864	2,367	8,359	6,765
Occupancy and equipment	427	413	1,235	1,217
Professional fees	149	124	416	400
Marketing	215	195	688	575
FDIC assessment	104	95	275	303
Software maintenance, amortization and other	341	310	912	837
Other	623	581	1,814	1,650
Total noninterest expense	4,723	4,085	13,699	11,747
Earnings before income taxes	2,788	3,759	9,056	9,260
Income taxes	668	928	2,178	2,221
Net earnings	$ 2,120	$ 2,831	$ 6,878	$ 7,039
Earnings per common share:
Basic (in dollars per share)	$ 0.66	$ 0.9	$ 2.15	$ 2.23
Diluted (in dollars per share)	0.66	0.89	2.13	2.21
Cash dividends per common share (in dollars per share)	$ 0	$ 0	$ 0.22	$ 0.18
Deposit Account [Member]
Noninterest income:
Revenue from customer	$ 92	$ 78	$ 261	$ 219
Debit Card [Member]
Noninterest income:
Revenue from customer	$ 137	$ 132	$ 437	$ 404

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net earnings	$ 2,120	$ 2,831	$ 6,878	$ 7,039
Unrealized loss arising during the period	(2,172)	(5,018)	(1,408)	(13,780)
Deferred income tax benefit on above change	551	1,272	357	3,493
Total other comprehensive loss	(1,621)	(3,746)	(1,051)	(10,287)
Comprehensive income (loss)	$ 499	$ (915)	$ 5,827	$ (3,248)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Dec. 31, 2021						3,129,046
Balance at Dec. 31, 2021						$ 31	$ 38,909	$ 28,164	$ (73)	$ 67,031
Net earnings						0	0	2,241	0	2,241
Dividends paid (unaudited)						0	0	(567)	0	(567)
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	(3,258)	(3,258)
Stock options exercised (unaudited) (in shares)						12,240
Stock options exercised (unaudited)						$ 0	210	0	0	210
Common stock issued as compensation to directors (unaudited) (in shares)						1,189
Common stock issued as compensation to directors (unaudited)						$ 0	31	0	0	31
Issuance of restricted stock (unaudited) (in shares)						7,786
Issuance of restricted stock (unaudited)						$ 0	0	0	0	0
Stock-based compensation (unaudited)						$ 0	73	0	0	73
Stock options exercised (unaudited) (in shares)						12,240
Stock options exercised (unaudited)						$ 0	210	0	0	210
Common stock issued as compensation to directors (unaudited) (in shares)						1,189
Common stock issued as compensation to directors (unaudited)						$ 0	31	0	0	31
Balance (in shares) at Mar. 31, 2022						3,150,261
Balance at Mar. 31, 2022						$ 31	39,223	29,838	(3,331)	65,761
Balance (in shares) at Dec. 31, 2021						3,129,046
Balance at Dec. 31, 2021						$ 31	38,909	28,164	(73)	67,031
Net earnings										7,039
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)										(10,287)
Balance (in shares) at Sep. 30, 2022						3,162,975
Balance at Sep. 30, 2022						$ 31	39,597	34,636	(10,360)	63,904
Balance (in shares) at Mar. 31, 2022						3,150,261
Balance at Mar. 31, 2022						$ 31	39,223	29,838	(3,331)	65,761
Net earnings						0	0	1,967	0	1,967
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	(3,283)	(3,283)
Stock options exercised (unaudited) (in shares)						4,000
Stock options exercised (unaudited)						$ 0	80	0	0	80
Common stock issued as compensation to directors (unaudited) (in shares)						1,047
Common stock issued as compensation to directors (unaudited)						$ 0	29	0	0	29
Stock-based compensation (unaudited)						$ 0	75	0	0	75
Stock options exercised (unaudited) (in shares)						4,000
Stock options exercised (unaudited)						$ 0	80	0	0	80
Common stock issued as compensation to directors (unaudited) (in shares)						1,047
Common stock issued as compensation to directors (unaudited)						$ 0	29	0	0	29
Balance (in shares) at Jun. 30, 2022						3,155,308
Balance at Jun. 30, 2022						$ 31	39,407	31,805	(6,614)	64,629
Net earnings						0	0	2,831	0	2,831
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	(3,746)	(3,746)
Stock options exercised (unaudited) (in shares)						4,000
Stock options exercised (unaudited)						$ 0	80	0	0	80
Common stock issued as compensation to directors (unaudited) (in shares)						1,250
Common stock issued as compensation to directors (unaudited)						$ 0	32	0	0	32
Issuance of restricted stock (unaudited) (in shares)						2,417
Issuance of restricted stock (unaudited)						$ 0	0	0	0	0
Stock-based compensation (unaudited)						$ 0	78	0	0	78
Stock options exercised (unaudited) (in shares)						4,000
Stock options exercised (unaudited)						$ 0	80	0	0	80
Common stock issued as compensation to directors (unaudited) (in shares)						1,250
Common stock issued as compensation to directors (unaudited)						$ 0	32	0	0	32
Balance (in shares) at Sep. 30, 2022						3,162,975
Balance at Sep. 30, 2022						$ 31	39,597	34,636	(10,360)	$ 63,904
Balance (in shares) at Dec. 31, 2022						3,164,491				3,164,491
Balance at Dec. 31, 2022	$ 0	$ 0	$ 1,946	$ 0	$ 1,946	$ 32	39,718	37,278	(9,975)	$ 67,053
Net earnings						0	0	2,501	0	2,501
Dividends paid (unaudited)						0	0	(698)	0	(698)
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	1,478	1,478
Stock options exercised (unaudited) (in shares)						15,867
Stock options exercised (unaudited)						$ 0	273	0	0	273
Common stock issued as compensation to directors (unaudited) (in shares)						1,573
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	40
Issuance of restricted stock (unaudited) (in shares)						3,834
Issuance of restricted stock (unaudited)						$ 0	0	0	0	0
Stock-based compensation (unaudited)						$ 0	83	0	0	83
Stock options exercised (unaudited) (in shares)						15,867
Stock options exercised (unaudited)						$ 0	273	0	0	273
Common stock issued as compensation to directors (unaudited) (in shares)						1,573
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	40
Balance (in shares) at Mar. 31, 2023						3,185,765
Balance at Mar. 31, 2023						$ 32	40,114	41,027	(8,497)	$ 72,676
Balance (in shares) at Dec. 31, 2022						3,164,491				3,164,491
Balance at Dec. 31, 2022	$ 0	$ 0	$ 1,946	$ 0	$ 1,946	$ 32	39,718	37,278	(9,975)	$ 67,053
Net earnings										6,878
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)										$ (1,051)
Balance (in shares) at Sep. 30, 2023						3,263,733				3,263,733
Balance at Sep. 30, 2023						$ 33	40,376	45,404	(11,026)	$ 74,787
Balance (in shares) at Mar. 31, 2023						3,185,765
Balance at Mar. 31, 2023						$ 32	40,114	41,027	(8,497)	72,676
Net earnings						0	0	2,257	0	2,257
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	(908)	(908)
Stock options exercised (unaudited) (in shares)						2,750
Stock options exercised (unaudited)						$ 0	56	0	0	56
Common stock issued as compensation to directors (unaudited) (in shares)						1,537
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	40
Stock-based compensation (unaudited)						$ 0	49	0	0	49
Stock options exercised (unaudited) (in shares)						2,750
Stock options exercised (unaudited)						$ 0	56	0	0	56
Common stock issued as compensation to directors (unaudited) (in shares)						1,537
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	40
Balance (in shares) at Jun. 30, 2023						3,190,052
Balance at Jun. 30, 2023						$ 32	40,259	43,284	(9,405)	74,170
Net earnings						0	0	2,120	0	2,120
Net change in unrealized loss on debt securities available for sale, net of income tax benefit (unaudited)						$ 0	0	0	(1,621)	(1,621)
Common stock issued as compensation to directors (unaudited) (in shares)						1,764
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	40
Issuance of restricted stock (unaudited) (in shares)						71,917
Issuance of restricted stock (unaudited)						$ 1	(1)	0	0	0
Stock-based compensation (unaudited)						$ 0	78	0	0	78
Common stock issued as compensation to directors (unaudited) (in shares)						1,764
Common stock issued as compensation to directors (unaudited)						$ 0	40	0	0	$ 40
Balance (in shares) at Sep. 30, 2023						3,263,733				3,263,733
Balance at Sep. 30, 2023						$ 33	$ 40,376	$ 45,404	$ (11,026)	$ 74,787

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net earnings	$ 6,878	$ 7,039
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	540	504
Credit loss expense	743	601
Net amortization (accretion) of deferred loan fees	207	(604)
Net amortization of discounts on debt securities	(208)	(3)
Gain on sale of loans held for sale	(250)	(420)
Proceeds from the sale of loans held for sale	48,454	71,336
Loans originated as held for sale	(46,328)	(68,059)
Stock issued as compensation to directors	120	92
Stock-based compensation expense	210	226
Income from bank-owned life insurance	(290)	(285)
Net increase in accrued interest receivable	(286)	(627)
Net change in operating leases	19	19
Net increase in other assets	(268)	(1,578)
Net (decrease) increase in other liabilities and official checks	(2,776)	1,438
Net cash provided by operating activities	6,765	9,679
Cash flows from investing activities:
Loan originations, net of principal repayments	(38,716)	(75,676)
Purchase of debt securities available for sale	(1,206)	(80,188)
Purchase of debt securities held to maturity	0	(12,677)
Principal repayments of debt securities available for sale	5,559	9,383
Maturities and calls of debt securities available for sale	12	6
Purchase of Federal Home Loan Bank stock	(1,295)	(97)
Purchase of premises and equipment	(131)	(711)
Net cash used in investing activities	(35,777)	(159,960)
Cash flows from financing activities:
Net decrease in deposits	(8,728)	(7,528)
Change in other borrowings	(4,275)	550
Increase in Federal Home Loan Bank advances	25,000	0
Proceeds from stock options exercised	329	370
Common stock dividends paid	(698)	(567)
Net cash provided by (used in) financing activities	11,628	(7,175)
Net decrease in cash and cash equivalents	(17,384)	(157,456)
Cash and cash equivalents at beginning of period	39,788	233,473
Cash and cash equivalents at end of period	22,404	76,017
Supplemental disclosure of cash flow information
Interest	6,719	1,559
Income taxes	2,387	2,641
Noncash transactions:
Accumulated other comprehensive loss, net change in unrealized loss on debt securities available for sale, net of income tax benefit	(1,051)	(10,287)
Impact of adopting ASC 326 (net of tax)	1,946	0
Loans transferred to other real estate owned	$ 117	$ 0

Note 1 - General

Note 1 - General	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Significant Accounting Policies [Text Block]	( 1 General Prime Meridian Holding Company (“PMHG”) owns 100% of the outstanding common stock of Prime Meridian Bank (the "Bank") (collectively the "Company"). PMHG’s primary activity is the operation of the Bank. The Bank is a Florida state-chartered commercial bank, and the deposit accounts of the Bank are insured up to the applicable limits by the Federal Deposit Insurance Corporation ("FDIC"). The Bank offers a variety of community banking services to individual and corporate clients through its four The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the banking industry. The condensed consolidated financial statements in the Quarterly Report on Form 10 not 10 not and notes thereto, for the year ended December 31, 2022 , included in our Annual Report on Form 10 March 9, 2023 three nine September 30, 2023 not Comprehensive Incom e (Loss) . S tock - Based Compensation. Derivatives. third not no Other Real Estate Owned. Adoption of New Accounting Standard The Company adopted ASU 2016 13, Financial Instruments Credit Losses (Topic 326 326” January 1, 2023. 326 326 The Company adopted ASC 326 December 31, 2022 326 one January 1, 2023. no The Company adopted ASC 326 December 31, 2022. January 1, 2023, not 326, not 326 January 1, 2023 As Reported Under ASC 326 Pre-ASC 326 Adoption Impact of ASC 326 Adoption (In thousands) Assets: Allowance for credit losses on loans $ 4,539 $ 7,145 $ (2,606 ) Deferred tax asset (other assets) $ - $ - $ 660 Equity: Retained earnings (impact of adopting ASC 326, net of taxes) $ - $ - $ 1,946 Summary of Significant Accounting Policies The following is a summary of the Company's significant accounting policies with respect to ASC 326: ACL - Debt Securities Available for Sale. first not one not third not Changes in the ACL are recorded as credit loss expense. Losses are charged against the ACL when management believes the collectability of the debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on the debt securities available for sale and does not September 30, 2023 ACL Debt Securities Held to Maturity. no ninety not three nine September 30, 2023 ACL - Loans. Management uses systematic methodologies to determine its ACL for loans and certain OBS credit exposures. The ACL is a valuation account that is deducted from the amortized cost basis to present the net amount expected to be collected on the loan portfolio. Management estimates the ACL using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts on the collectability of the loan portfolio. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions, such as changes in the national, state and local unemployment rates, commercial real estate price index, housing price index and national retail sales index (see discussion regarding qualitative factors below). The Company's estimate of its ACL involves a high degree of judgment; therefore, management's process for determining expected credit losses may The ACL is measured on a collective pool basis when similar risk characteristics exist. Loans with similar risk characteristics are grouped into homogenous segments for analysis. The Company’s ACL is measured based on call report segment as these types of loans exhibit similar risk characteristics. The identified loan classes are as follows: ● Commercial real estate ● Residential and home equity ● Construction ● Commercial ● Consumer and other The ACL for each class is measured through the use of the weighted-average remaining maturity (“WARM”) method. The FASB recognizes the WARM method as an acceptable approach for computing the ACL. In accordance with the WARM method, an annualized loss rate based on a combination of both the Company's and peers' historical loss rates ("historical loss") is applied to the amortized cost of an asset or pool of assets over the remaining expected life. Included in its systematic methodology to determine its ACL, management considers the need to qualitatively adjust model results for risk factors that are not These qualitative factors ("Q-Factors") may may 1 2 3 4 5 6 7 8 The annual historical loss factors, adjusted for Q-Factors and management’s reasonable and supportable forecasts, are applied to the amortized loan balances over each subsequent period and aggregated to arrive at the ACL for loans collectively evaluated. The amortized loan balances are adjusted based on management’s estimate of loan repayments in future periods. Management has determined that the appropriate historical loss period is fifteen one When a loan no 326 20 35 6, not not no not Management measures expected credit losses over the contractual term of a loan. When determining the contractual term, the Company considers expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: ● Management has a reasonable expectation at the reporting date that a restructuring will be executed with an individual borrower. ● The extension or renewal options are included in the original or modified contract at the reporting date and are not The Company follows its nonaccrual policy by reversing contractual interest income in the statements of earnings when the Company places a loan on nonaccrual status. Therefore, management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on the portfolio and does not September 30, 2023 The Company has a variety of assets that have a component that qualifies as an OBS exposure. These primarily include undrawn portions of revolving lines of credit and construction loans. Management has determined that a majority of the Company's off-balance-sheet credit exposures are not September 30, 2023

Note 2 - Debt Securities

Note 2 - Debt Securities	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 2 Debt Securities Debt securities are classified according to management's intent. Our investments in U.S. agency mortgage-backed securities are with government-sponsored enterprises (GSEs) such as Federal National Mortgage Association, Government National Mortgage Association, Federal Home Loan Bank, and Federal Home Loan Mortgage Corporation. The amortized cost of debt securities and fair values are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (in thousands) At September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 48,398 $ - $ (1,872 ) $ 46,526 Municipal securities 22,278 - (2,971 ) 19,307 U.S. agency mortgage-backed securities 64,786 6 (9,885 ) 54,907 Asset-backed securities 3,145 - (47 ) 3,098 Total $ 138,607 $ 6 $ (14,775 ) $ 123,838 Debt Securities Held to Maturity Municipal securities $ 9,246 $ - $ (1,922 ) $ 7,324 U.S. agency mortgage-backed securities 2,592 - (254 ) 2,338 Total $ 11,838 $ - $ (2,176 ) $ 9,662 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 There were no debt securities available for sale sold during the three nine September 30, 2023 2022. Debt securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous 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 September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,872 ) $ 46,526 Municipal securities (7 ) 380 (2,964 ) 18,927 U.S. agency mortgage-backed securities - - (9,885 ) 53,695 Asset-backed securities - - (47 ) 3,098 Total $ (7 ) $ 380 $ (14,768 ) $ 122,246 Debt Securities Held to Maturity Municipal securities $ (79 ) $ 916 $ (1,843 ) $ 6,408 U.S. agency mortgage-backed securities - - (254 ) 2,338 Total $ (79 ) $ 916 $ (2,097 ) $ 8,746 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 $ - $ - The unrealized losses at September 30, 2023 December 31, 2022 not not not not September 30, 2023 no Management evaluates debt securities for impairment where there has been a decline in fair value below the amortized cost basis of a debt security to determine whether there is a credit loss associated with the decline in fair value on at least a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Credit losses are calculated individually and collectively, using a discounted cash flow method, whereby management compares the present value of expected cash flows with the amortized cost basis of the debt security. Any credit loss component would be recognized through a credit loss expense. Consideration is given to ( 1 2 3 4 not 5 6 7 third 8 zero one not zero third September 30, 2023 December 31, 2022, September 30, 2023 not September 30, 2023, no not not not 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 September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 46,526 $ - $ 46,526 $ - Municipal securities 19,307 - 19,307 - U.S. agency mortgage-backed securities 54,907 - 54,907 - Asset-backed securities 3,098 - 3,098 - Total $ 123,838 $ - $ 123,838 $ - 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 $ - The scheduled maturities of debt securities are as follows: Debt Securities Available for Sale Debt Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (in thousands) Due in less than one year $ 37,319 $ 36,574 $ - $ - Due in one to five years 13,110 12,261 - - Due in five to ten years 17,930 15,104 2,043 1,868 Due after ten years 5,462 4,992 7,203 5,456 U.S. agency mortgage-backed securities 64,786 54,907 2,592 2,338 Total $ 138,607 $ 123,838 $ 11,838 $ 9,662 At September 30, 2023 December 31, 2022, $13.3

Note 3 - Loans

Note 3 - Loans	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 3 Loans Segments and classes of loans, excluding loans held for sale, are as follows: (in thousands) At September 30, 2023 At December 31, 2022 Real estate mortgage loans: Commercial $ 216,266 $ 202,263 Residential and home equity 249,448 224,211 Construction 74,708 75,151 Total real estate mortgage loans 540,422 501,625 Commercial loans 87,881 86,308 Consumer and other loans 5,679 7,698 Total loans 633,982 595,631 Add (deduct): Net deferred loan (fees) costs (109 ) 229 Allowance for credit losses (4,899 ) (7,145 ) Loans, net $ 628,974 $ 588,715 The Company has divided the loan portfolio into three five Real Estate Mortgage Loans. three Commercial. three five may five may 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 Cons umer and Other Loans . may not not 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. Furthermore, construction loans, owner-occupied and nonowner-occupied commercial real estate loans, and commercial loan 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 The following table presents loan balances classified by credit quality indicator, loan type and based on year of origination as of September 30, 2023. Term Loans by Origination Year (in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 22,856 $ 57,195 $ 33,314 $ 42,183 $ 12,688 $ 41,642 $ 4,386 $ 214,264 Special mention - - - - - 1,752 - 1,752 Substandard - - - 250 - - - 250 Total commercial real estate loans $ 22,856 $ 57,195 $ 33,314 $ 42,433 $ 12,688 $ 43,394 $ 4,386 $ 216,266 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 36,426 $ 51,574 $ 58,007 $ 30,952 $ 11,994 $ 29,724 $ 28,309 $ 246,986 Special mention - - 1,398 273 - 204 362 2,237 Substandard - - 181 - - - 44 225 Total residential loans $ 36,426 $ 51,574 $ 59,586 $ 31,225 $ 11,994 $ 29,928 $ 28,715 $ 249,448 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 23,789 $ 24,998 $ 14,945 $ 1,441 $ 2,319 $ 1,855 $ 4,755 $ 74,102 Special mention - - - - - - - - Substandard - 222 - 384 - - - 606 Total construction loans $ 23,789 $ 25,220 $ 14,945 $ 1,825 $ 2,319 $ 1,855 $ 4,755 $ 74,708 Year-to-date gross charge-offs $ - $ - $ - $ 386 $ - $ - $ - $ 386 Commercial Loans Pass $ 8,534 $ 12,641 $ 8,052 $ 3,819 $ 5,048 $ 5,646 $ 43,734 $ 87,474 Special mention 37 - 1 52 204 38 - 332 Substandard - - - - - - 75 75 Total commercial loans $ 8,571 $ 12,641 $ 8,053 $ 3,871 $ 5,252 $ 5,684 $ 43,809 $ 87,881 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer & Other Loans Pass $ 1,274 $ 749 $ 296 $ 127 $ 361 $ 195 $ 2,677 $ 5,679 Special mention - - - - - - - - Substandard - - - - - - - - Total consumer & other loans $ 1,274 $ 749 $ 296 $ 127 $ 361 $ 195 $ 2,677 $ 5,679 Year-to-date gross charge-offs $ 37 $ - $ - $ - $ - $ - $ - $ 37 The following table summarizes the risk rating of loans at December 31, 2022: 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 A loan is defined as a past due loan when one 30 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 September 30, 2023 Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 216,016 $ 250 $ 216,266 Residential and home equity 350 409 367 1,126 248,141 181 249,448 Construction - - - - 74,102 606 74,708 Commercial loans 282 19 - 301 87,505 75 87,881 Consumer and other loans - - - - 5,679 - 5,679 Total $ 632 $ 428 $ 367 $ 1,427 $ 631,443 $ 1,112 $ 633,982 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 Loans are generally placed on nonaccrual status if principal or interest payments become 90 90 September 30, 2023 (in thousands) Total Nonaccrual Loans Nonaccrual Loans with No ACL Nonaccrual Loans with ACL 90+ Days Still Accruing At September 30, 2023 Commercial real estate $ 250 $ 250 $ - $ - Residential and home equity 181 181 - 367 Construction 606 606 - - Commercial 75 - 75 - Total $ 1,112 $ 1,037 $ 75 $ 367 The following table presents the amortized cost basis of impaired loans and their associated allowance, if any, as of December 31, 2022. 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 The restructuring of a loan exists if the creditor grants a modification as a result of financial hardship. A loan modification may not three nine September 30, 2023 2022

Note 4 - Allowance for Credit L

Note 4 - Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Allowance for Credit Losses [Text Block]	( 4 Allowance for Credit Losses Activity in the ACL is summarized as follows: Loans Real Estate Mortgage Loans (in thousands) Commercial Residential and Home Equity Construction Commercial Loans Consumer and Other Loans Total Funded Loans Unfunded Commitments Total Three Month Period Ended September 30, 2023 Beginning balance $ 1,586 $ 1,811 $ 544 $ 771 $ 17 $ 4,729 $ 48 $ 4,777 Credit loss expense (income) 75 121 (31 ) 41 13 219 (44 ) 175 Charge-offs - - (40 ) - (15 ) (55 ) - (55 ) Recoveries - - - 5 1 6 - 6 Ending balance $ 1,661 $ 1,932 $ 473 $ 817 $ 16 $ 4,899 $ 4 $ 4,903 Three Month Period Ended September 30, 2022 Beginning balance $ 2,051 $ 2,430 $ 867 $ 1,143 $ 120 $ 6,611 - $ 6,611 Provision (credit) for loan losses 227 110 4 (57 ) (43 ) 241 - 241 Net recoveries - - - - 9 9 - 9 Ending balance $ 2,278 $ 2,540 $ 871 $ 1,086 $ 86 $ 6,861 $ - $ 6,861 Nine Month Period Ended September 30, 2023 Beginning balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ 7,145 $ - $ 7,145 Impact of adopting ASC 326 (740 ) (892 ) (403 ) (504 ) (67 ) (2,606 ) - (2,606 ) Credit loss expense 98 217 340 60 24 739 4 743 Charge-offs - - (386 ) - (37 ) (423 ) - (423 ) Recoveries - - - 38 6 44 - 44 Ending balance $ 1,661 $ 1,932 $ 473 $ 817 $ 16 $ 4,899 $ 4 $ 4,903 Nine Month Period Ended September 30, 2022 Beginning balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ 5,974 - $ 5,974 Provision (Credit) for loan losses 516 401 14 (338 ) 8 601 - 601 Net recoveries (charge-offs) - - - 299 (13 ) 286 - 286 Ending balance $ 2,278 $ 2,540 $ 871 $ 1,086 $ 86 $ 6,861 $ - $ 6,861 Prior to the adoption of ASC 326 January 1, 2023, Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total 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

Note 5 - Regulatory Capital

Note 5 - Regulatory Capital	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 5 Regulatory Capital 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. 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 September 30, 2023 Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and percentages (set forth in the table below) of total and Tier 1 1 September 30, 2023 As of September 30, 2023 1 1 no For Capital Adequacy For Well Capitalized Actual Purposes Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of September 30, 2023 Tier 1 Leverage Capital $ 84,540 10.18 % $ 33,207 4.00 % $ 41,509 5.00 % Common Equity Tier 1 Risk-based Capital 84,540 13.23 28,765 4.50 41,549 6.50 Tier 1 Risk-based Capital 84,540 13.23 38,353 6.00 51,138 8.00 Total Risk-based Capital 89,443 13.99 51,138 8.00 63,922 10.00 As of December 31, 2022 Tier 1 Leverage Capital $ 81,100 9.70 % $ 33,461 4.00 % $ 41,826 5.00 % Common Equity Tier 1 Risk-based Capital 81,100 12.90 28,290 4.50 40,863 6.50 Tier 1 Risk-based Capital 81,100 12.90 37,720 6.00 50,294 8.00 Total Risk-based Capital 88,245 14.04 50,294 8.00 62,867 10.00

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Earnings Per Share [Text Block]	( 6 ) Earnings Per Share Earnings per share, (“EPS”) have been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three nine September 30, 2023 2022 2023 2022 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending September 30: Basic EPS: Net earnings $ 2,120 3,214,323 $ 0.66 $ 2,831 3,159,526 $ 0.90 Effect of dilutive securities-incremental shares from assumed conversion of stock options 21,597 37,756 Diluted EPS: Net earnings $ 2,120 3,235,920 $ 0.66 $ 2,831 3,197,282 $ 0.89 Nine Months Ending September 30: Basic EPS: Net earnings $ 6,878 3,193,302 $ 2.15 $ 7,039 3,151,689 $ 2.23 Effect of dilutive securities-incremental shares from assumed conversion of stock options 28,650 39,904 Diluted EPS: Net earnings $ 6,878 3,221,952 $ 2.13 $ 7,039 3,191,593 $ 2.21

Note 7 - Stock Benefit Plans

Note 7 - Stock Benefit Plans	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 7 ) Stock Benefit Plans 2015 The 2015 “2015 2015 may no As of September 30, 2023 2015 nine September 30, 2023 2022 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term (years) Value Outstanding at December 31, 2021 268,657 $ 20.23 Options exercised (20,240 ) (18.35 ) Options forfeited (150 ) (20.09 ) Options granted 3,500 25.37 Outstanding at September 30, 2022 251,767 $ 20.38 Options forfeited (400 ) (20.09 ) Outstanding at December 31, 2022 251,367 $ 19.99 Options exercised (18,617 ) (20.09 ) Options forfeited (50 ) (20.09 ) Outstanding at September 30, 2023 232,700 $ 20.68 2.91 $ 419,000 Exercisable at September 30, 2023 214,700 $ 20.22 2.67 $ 412,000 The fair value of shares vested and recognized as compensation expense was $78,000 for the three September 30, 2023 2022 , and $210,000 and $226,000 for the nine September 30, 2023 2022 three September 30, 2023 2022 nine September 30, 2023 2022 three September 30, 2023 2022 nine September 30, 2023 2022 September 30, 2023 2015 Restricted Stock During the nine September 30, 2023 2022 three five Wtd-Avg Grant-Date Number of Fair Value Grant-Date Fair Shares per Share Value Non-vested restricted stock outstanding at December 31, 2021 7,838 $ 18.88 $ 148,000 Non-vested restricted stock granted 10,203 $ 27.85 284,000 Restricted stock shares vested in 2022 (3,838 ) (18.98 ) (73,000 ) Non-vested restricted stock outstanding at September 30, 2022 and December 31, 2022 14,203 $ 25.30 $ 359,000 Non-vested restricted stock granted 75,751 $ 22.68 $ 1,718,000 Restricted stock shares vested in 2023 (6,040 ) (24.06 ) (145,000 ) Non-vested restricted stock outstanding at September 30, 2023 83,914 $ 23.02 $ 1,932,000 At September 30, 2023 the Company had $1,838,000 in unrecognized expense related to unvested restricted shares to be recognized over a weighted-average period of 4.49 years. Director s’ Plan In 2012, no The maximum number of shares to be issued pursuant to the Directors’ Plan is limited to 74,805 shares. For the three September 30, 2023 2022 our directors received 1,764 and 1,250 shares of common stock, respectively, in lieu of cash fees calculated at 110% For the nine September 30, 2023 2022 our directors received 4,874 and 3,486 shares of common stock, respectively, in lieu of cash fees calculated at 110% to be $120,000 and $92,000, respectively September 30, 2023

Note 8 - Other Borrowings

Note 8 - Other Borrowings	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Debt Disclosure [Text Block]	( 8 Other Borrowings In 2020, September 30, 2023 September 30, 2023 December 31, 2022, The Company incurred $0 and $80,000 in interest expense related to the $15 million revolving line of credit for the three nine September 30, 2023 three nine September 30, 2022

Note 9 - Federal Home Loan Bank

Note 9 - Federal Home Loan Bank Advances	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Federal Home Loan Bank Advances, Disclosure [Text Block]	( 9 Federal Home Loan Bank Advances Federal Home Loan Bank of Atlanta (“FHLB”) advances are collateralized by a blanket lien on qualifying residential real estate, commercial real estate, home equity lines of credit and multi-family loans. Under this blanket lien, the Company could borrow up to $102.6 million at September 30, 2023 September 30, 2023 December 31, 2022 September 30, 2023 (dollars in thousands) Maturity Year Interest Rate Amount 2023 5.47% - 5.53% $ 10,000 2024 4.48% - 4.83% 10,000 2025 4.18 % 5,000 $ 25,000 The Company incurred $304,000 and $744,000 in interest expense related to FHLB advances for the three nine September 30, 2023 three nine September 30, 2022

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	( 10 Derivative Financial Instruments 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 September 30, 2023 At December 31, 2022 (dollars in thousands) Notional amount - interest rate swaps: Stand-alone derivatives $ 19,641 $ 20,084 Weighted-average pay rate - interest rate swaps 3.68 % 3.68 % Weighted-average receive rate - interest rate swaps 3.00 % 3.00 % Weighted-average maturity (in years) - interest rate swaps 11.8 12.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,786 $ 2,352 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,786 ) $ (2,352 ) 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 11 - Fair Value of Financi

Note 11 - Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 11 Fair Value of Financial Instruments The estimated fair values and fair value measurement method with respect to the Company's financial instruments were as follows: At September 30, 2023 At December 31, 2022 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 22,404 $ 22,404 $ 39,788 $ 39,788 Debt securities available for sale 2 123,838 123,838 129,436 129,436 Debt securities held to maturity 2 11,838 9,662 11,805 9,917 Loans held for sale 3 5,182 5,263 7,058 7,170 Loans, net 3 628,974 549,133 588,715 548,166 Federal Home Loan Bank stock 3 1,758 1,758 463 463 Accrued interest receivable 3 2,671 2,671 2,385 2,385 Bank-owned life insurance 3 16,822 16,822 16,532 16,532 Derivative contract assets 2 2,786 2,786 2,352 2,352 Financial liabilities: Deposits 3 722,807 723,396 731,535 731,506 FHLB Advances 3 25,000 24,847 - - Other borrowings 3 - - 4,275 4,275 Derivative contract liabilities 2 2,786 2,786 2,352 2,352 Off-Balance Sheet Items 3 - - - - Discussion regarding the assumptions used to compute the estimated fair values of financial instruments can be found in Note 1 10 December 31, 2022

Note 12 - Off-balance Sheet Fin

Note 12 - Off-balance Sheet Financial Instruments	9 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Off-balance Sheet Financial Instruments [Text Block]	( 12 ) Off- B alance S heet 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, 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 Standby letters of credit are written conditional commitments issued by the Company to guarantee the performance of a client to a third third one not third $481,000 September 30, 2023 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. As of September 30, 2023 The maximum potential amount of future payments we could be required to make for off-balance sheet financial instruments is represented by the dollar amount disclosed in the table below. At September 30, 2023 (in thousands) Commitments to extend credit $ 9,728 Construction loans in process $ 42,906 Unused lines of credit $ 83,304 Standby financial letters of credit $ 2,225 Guaranteed accounts $ 1,338

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Prime Meridian Holding Company (“PMHG”) owns 100% of the outstanding common stock of Prime Meridian Bank (the "Bank") (collectively the "Company"). PMHG’s primary activity is the operation of the Bank. The Bank is a Florida state-chartered commercial bank, and the deposit accounts of the Bank are insured up to the applicable limits by the Federal Deposit Insurance Corporation ("FDIC"). The Bank offers a variety of community banking services to individual and corporate clients through its four The accounting and financial reporting policies of the Company conform, in all material respects, to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices within the banking industry. The condensed consolidated financial statements in the Quarterly Report on Form 10 not 10 not and notes thereto, for the year ended December 31, 2022 , included in our Annual Report on Form 10 March 9, 2023 three nine September 30, 2023 not
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Incom e (Loss) .
Share-Based Payment Arrangement, Director [Policy Text Block]	S tock - Based Compensation.
Derivatives, Policy [Policy Text Block]	Derivatives. third not no
Other Real Estate Owned [Policy Text Block]	Other Real Estate Owned.
New Accounting Pronouncements, Policy [Policy Text Block]	Adoption of New Accounting Standard The Company adopted ASU 2016 13, Financial Instruments Credit Losses (Topic 326 326” January 1, 2023. 326 326 The Company adopted ASC 326 December 31, 2022 326 one January 1, 2023. no The Company adopted ASC 326 December 31, 2022. January 1, 2023, not 326, not 326 January 1, 2023 As Reported Under ASC 326 Pre-ASC 326 Adoption Impact of ASC 326 Adoption (In thousands) Assets: Allowance for credit losses on loans $ 4,539 $ 7,145 $ (2,606 ) Deferred tax asset (other assets) $ - $ - $ 660 Equity: Retained earnings (impact of adopting ASC 326, net of taxes) $ - $ - $ 1,946 Summary of Significant Accounting Policies The following is a summary of the Company's significant accounting policies with respect to ASC 326: ACL - Debt Securities Available for Sale. first not one not third not Changes in the ACL are recorded as credit loss expense. Losses are charged against the ACL when management believes the collectability of the debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on the debt securities available for sale and does not September 30, 2023 ACL Debt Securities Held to Maturity. no ninety not three nine September 30, 2023 ACL - Loans. Management uses systematic methodologies to determine its ACL for loans and certain OBS credit exposures. The ACL is a valuation account that is deducted from the amortized cost basis to present the net amount expected to be collected on the loan portfolio. Management estimates the ACL using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts on the collectability of the loan portfolio. Historical credit loss experience provides the basis for the estimation of expected credit losses. Adjustments to historical loss information are made for differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions, such as changes in the national, state and local unemployment rates, commercial real estate price index, housing price index and national retail sales index (see discussion regarding qualitative factors below). The Company's estimate of its ACL involves a high degree of judgment; therefore, management's process for determining expected credit losses may The ACL is measured on a collective pool basis when similar risk characteristics exist. Loans with similar risk characteristics are grouped into homogenous segments for analysis. The Company’s ACL is measured based on call report segment as these types of loans exhibit similar risk characteristics. The identified loan classes are as follows: ● Commercial real estate ● Residential and home equity ● Construction ● Commercial ● Consumer and other The ACL for each class is measured through the use of the weighted-average remaining maturity (“WARM”) method. The FASB recognizes the WARM method as an acceptable approach for computing the ACL. In accordance with the WARM method, an annualized loss rate based on a combination of both the Company's and peers' historical loss rates ("historical loss") is applied to the amortized cost of an asset or pool of assets over the remaining expected life. Included in its systematic methodology to determine its ACL, management considers the need to qualitatively adjust model results for risk factors that are not These qualitative factors ("Q-Factors") may may 1 2 3 4 5 6 7 8 The annual historical loss factors, adjusted for Q-Factors and management’s reasonable and supportable forecasts, are applied to the amortized loan balances over each subsequent period and aggregated to arrive at the ACL for loans collectively evaluated. The amortized loan balances are adjusted based on management’s estimate of loan repayments in future periods. Management has determined that the appropriate historical loss period is fifteen one When a loan no 326 20 35 6, not not no not Management measures expected credit losses over the contractual term of a loan. When determining the contractual term, the Company considers expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless either of the following applies: ● Management has a reasonable expectation at the reporting date that a restructuring will be executed with an individual borrower. ● The extension or renewal options are included in the original or modified contract at the reporting date and are not The Company follows its nonaccrual policy by reversing contractual interest income in the statements of earnings when the Company places a loan on nonaccrual status. Therefore, management excludes the accrued interest receivable balance from the amortized cost basis in measuring expected credit losses on the portfolio and does not September 30, 2023 The Company has a variety of assets that have a component that qualifies as an OBS exposure. These primarily include undrawn portions of revolving lines of credit and construction loans. Management has determined that a majority of the Company's off-balance-sheet credit exposures are not September 30, 2023

Note 1 - General (Tables)

Note 1 - General (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Accounting Standards Update and Change in Accounting Principle [Table Text Block]	January 1, 2023 As Reported Under ASC 326 Pre-ASC 326 Adoption Impact of ASC 326 Adoption (In thousands) Assets: Allowance for credit losses on loans $ 4,539 $ 7,145 $ (2,606 ) Deferred tax asset (other assets) $ - $ - $ 660 Equity: Retained earnings (impact of adopting ASC 326, net of taxes) $ - $ - $ 1,946

Note 2 - Debt Securities (Table

Note 2 - Debt Securities (Tables)	9 Months Ended
	Sep. 30, 2023
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 September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 48,398 $ - $ (1,872 ) $ 46,526 Municipal securities 22,278 - (2,971 ) 19,307 U.S. agency mortgage-backed securities 64,786 6 (9,885 ) 54,907 Asset-backed securities 3,145 - (47 ) 3,098 Total $ 138,607 $ 6 $ (14,775 ) $ 123,838 Debt Securities Held to Maturity Municipal securities $ 9,246 $ - $ (1,922 ) $ 7,324 U.S. agency mortgage-backed securities 2,592 - (254 ) 2,338 Total $ 11,838 $ - $ (2,176 ) $ 9,662 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
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 September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,872 ) $ 46,526 Municipal securities (7 ) 380 (2,964 ) 18,927 U.S. agency mortgage-backed securities - - (9,885 ) 53,695 Asset-backed securities - - (47 ) 3,098 Total $ (7 ) $ 380 $ (14,768 ) $ 122,246 Debt Securities Held to Maturity Municipal securities $ (79 ) $ 916 $ (1,843 ) $ 6,408 U.S. agency mortgage-backed securities - - (254 ) 2,338 Total $ (79 ) $ 916 $ (2,097 ) $ 8,746 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 $ - $ -
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 September 30, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 46,526 $ - $ 46,526 $ - Municipal securities 19,307 - 19,307 - U.S. agency mortgage-backed securities 54,907 - 54,907 - Asset-backed securities 3,098 - 3,098 - Total $ 123,838 $ - $ 123,838 $ - 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 $ -
Investments Classified by Contractual Maturity Date [Table Text Block]	Debt Securities Available for Sale Debt Securities Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (in thousands) Due in less than one year $ 37,319 $ 36,574 $ - $ - Due in one to five years 13,110 12,261 - - Due in five to ten years 17,930 15,104 2,043 1,868 Due after ten years 5,462 4,992 7,203 5,456 U.S. agency mortgage-backed securities 64,786 54,907 2,592 2,338 Total $ 138,607 $ 123,838 $ 11,838 $ 9,662

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	(in thousands) At September 30, 2023 At December 31, 2022 Real estate mortgage loans: Commercial $ 216,266 $ 202,263 Residential and home equity 249,448 224,211 Construction 74,708 75,151 Total real estate mortgage loans 540,422 501,625 Commercial loans 87,881 86,308 Consumer and other loans 5,679 7,698 Total loans 633,982 595,631 Add (deduct): Net deferred loan (fees) costs (109 ) 229 Allowance for credit losses (4,899 ) (7,145 ) Loans, net $ 628,974 $ 588,715
Financing Receivable Credit Quality Indicators [Table Text Block]	Term Loans by Origination Year (in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 22,856 $ 57,195 $ 33,314 $ 42,183 $ 12,688 $ 41,642 $ 4,386 $ 214,264 Special mention - - - - - 1,752 - 1,752 Substandard - - - 250 - - - 250 Total commercial real estate loans $ 22,856 $ 57,195 $ 33,314 $ 42,433 $ 12,688 $ 43,394 $ 4,386 $ 216,266 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 36,426 $ 51,574 $ 58,007 $ 30,952 $ 11,994 $ 29,724 $ 28,309 $ 246,986 Special mention - - 1,398 273 - 204 362 2,237 Substandard - - 181 - - - 44 225 Total residential loans $ 36,426 $ 51,574 $ 59,586 $ 31,225 $ 11,994 $ 29,928 $ 28,715 $ 249,448 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 23,789 $ 24,998 $ 14,945 $ 1,441 $ 2,319 $ 1,855 $ 4,755 $ 74,102 Special mention - - - - - - - - Substandard - 222 - 384 - - - 606 Total construction loans $ 23,789 $ 25,220 $ 14,945 $ 1,825 $ 2,319 $ 1,855 $ 4,755 $ 74,708 Year-to-date gross charge-offs $ - $ - $ - $ 386 $ - $ - $ - $ 386 Commercial Loans Pass $ 8,534 $ 12,641 $ 8,052 $ 3,819 $ 5,048 $ 5,646 $ 43,734 $ 87,474 Special mention 37 - 1 52 204 38 - 332 Substandard - - - - - - 75 75 Total commercial loans $ 8,571 $ 12,641 $ 8,053 $ 3,871 $ 5,252 $ 5,684 $ 43,809 $ 87,881 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer & Other Loans Pass $ 1,274 $ 749 $ 296 $ 127 $ 361 $ 195 $ 2,677 $ 5,679 Special mention - - - - - - - - Substandard - - - - - - - - Total consumer & other loans $ 1,274 $ 749 $ 296 $ 127 $ 361 $ 195 $ 2,677 $ 5,679 Year-to-date gross charge-offs $ 37 $ - $ - $ - $ - $ - $ - $ 37 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
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 September 30, 2023 Real estate mortgage loans: Commercial $ - $ - $ - $ - $ 216,016 $ 250 $ 216,266 Residential and home equity 350 409 367 1,126 248,141 181 249,448 Construction - - - - 74,102 606 74,708 Commercial loans 282 19 - 301 87,505 75 87,881 Consumer and other loans - - - - 5,679 - 5,679 Total $ 632 $ 428 $ 367 $ 1,427 $ 631,443 $ 1,112 $ 633,982 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
Financing Receivable, Nonaccrual [Table Text Block]	(in thousands) Total Nonaccrual Loans Nonaccrual Loans with No ACL Nonaccrual Loans with ACL 90+ Days Still Accruing At September 30, 2023 Commercial real estate $ 250 $ 250 $ - $ - Residential and home equity 181 181 - 367 Construction 606 606 - - Commercial 75 - 75 - Total $ 1,112 $ 1,037 $ 75 $ 367
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

Note 4 - Allowance for Credit_2

Note 4 - Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Loans Real Estate Mortgage Loans (in thousands) Commercial Residential and Home Equity Construction Commercial Loans Consumer and Other Loans Total Funded Loans Unfunded Commitments Total Three Month Period Ended September 30, 2023 Beginning balance $ 1,586 $ 1,811 $ 544 $ 771 $ 17 $ 4,729 $ 48 $ 4,777 Credit loss expense (income) 75 121 (31 ) 41 13 219 (44 ) 175 Charge-offs - - (40 ) - (15 ) (55 ) - (55 ) Recoveries - - - 5 1 6 - 6 Ending balance $ 1,661 $ 1,932 $ 473 $ 817 $ 16 $ 4,899 $ 4 $ 4,903 Three Month Period Ended September 30, 2022 Beginning balance $ 2,051 $ 2,430 $ 867 $ 1,143 $ 120 $ 6,611 - $ 6,611 Provision (credit) for loan losses 227 110 4 (57 ) (43 ) 241 - 241 Net recoveries - - - - 9 9 - 9 Ending balance $ 2,278 $ 2,540 $ 871 $ 1,086 $ 86 $ 6,861 $ - $ 6,861 Nine Month Period Ended September 30, 2023 Beginning balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ 7,145 $ - $ 7,145 Impact of adopting ASC 326 (740 ) (892 ) (403 ) (504 ) (67 ) (2,606 ) - (2,606 ) Credit loss expense 98 217 340 60 24 739 4 743 Charge-offs - - (386 ) - (37 ) (423 ) - (423 ) Recoveries - - - 38 6 44 - 44 Ending balance $ 1,661 $ 1,932 $ 473 $ 817 $ 16 $ 4,899 $ 4 $ 4,903 Nine Month Period Ended September 30, 2022 Beginning balance $ 1,762 $ 2,139 $ 857 $ 1,125 $ 91 $ 5,974 - $ 5,974 Provision (Credit) for loan losses 516 401 14 (338 ) 8 601 - 601 Net recoveries (charge-offs) - - - 299 (13 ) 286 - 286 Ending balance $ 2,278 $ 2,540 $ 871 $ 1,086 $ 86 $ 6,861 $ - $ 6,861 Real Estate Mortgage Loans Residential Consumer and Home Commercial and Other (in thousands) Commercial Equity Construction Loans Loans Total 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

Note 5 - Regulatory Capital (Ta

Note 5 - Regulatory Capital (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	For Capital Adequacy For Well Capitalized Actual Purposes Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of September 30, 2023 Tier 1 Leverage Capital $ 84,540 10.18 % $ 33,207 4.00 % $ 41,509 5.00 % Common Equity Tier 1 Risk-based Capital 84,540 13.23 28,765 4.50 41,549 6.50 Tier 1 Risk-based Capital 84,540 13.23 38,353 6.00 51,138 8.00 Total Risk-based Capital 89,443 13.99 51,138 8.00 63,922 10.00 As of December 31, 2022 Tier 1 Leverage Capital $ 81,100 9.70 % $ 33,461 4.00 % $ 41,826 5.00 % Common Equity Tier 1 Risk-based Capital 81,100 12.90 28,290 4.50 40,863 6.50 Tier 1 Risk-based Capital 81,100 12.90 37,720 6.00 50,294 8.00 Total Risk-based Capital 88,245 14.04 50,294 8.00 62,867 10.00

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2023 2022 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending September 30: Basic EPS: Net earnings $ 2,120 3,214,323 $ 0.66 $ 2,831 3,159,526 $ 0.90 Effect of dilutive securities-incremental shares from assumed conversion of stock options 21,597 37,756 Diluted EPS: Net earnings $ 2,120 3,235,920 $ 0.66 $ 2,831 3,197,282 $ 0.89 Nine Months Ending September 30: Basic EPS: Net earnings $ 6,878 3,193,302 $ 2.15 $ 7,039 3,151,689 $ 2.23 Effect of dilutive securities-incremental shares from assumed conversion of stock options 28,650 39,904 Diluted EPS: Net earnings $ 6,878 3,221,952 $ 2.13 $ 7,039 3,191,593 $ 2.21

Note 7 - Stock Benefit Plans (T

Note 7 - Stock Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Nonvested Restricted Stock Shares Activity [Table Text Block]	Wtd-Avg Grant-Date Number of Fair Value Grant-Date Fair Shares per Share Value Non-vested restricted stock outstanding at December 31, 2021 7,838 $ 18.88 $ 148,000 Non-vested restricted stock granted 10,203 $ 27.85 284,000 Restricted stock shares vested in 2022 (3,838 ) (18.98 ) (73,000 ) Non-vested restricted stock outstanding at September 30, 2022 and December 31, 2022 14,203 $ 25.30 $ 359,000 Non-vested restricted stock granted 75,751 $ 22.68 $ 1,718,000 Restricted stock shares vested in 2023 (6,040 ) (24.06 ) (145,000 ) Non-vested restricted stock outstanding at September 30, 2023 83,914 $ 23.02 $ 1,932,000
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 (years) Value Outstanding at December 31, 2021 268,657 $ 20.23 Options exercised (20,240 ) (18.35 ) Options forfeited (150 ) (20.09 ) Options granted 3,500 25.37 Outstanding at September 30, 2022 251,767 $ 20.38 Options forfeited (400 ) (20.09 ) Outstanding at December 31, 2022 251,367 $ 19.99 Options exercised (18,617 ) (20.09 ) Options forfeited (50 ) (20.09 ) Outstanding at September 30, 2023 232,700 $ 20.68 2.91 $ 419,000 Exercisable at September 30, 2023 214,700 $ 20.22 2.67 $ 412,000

Note 9 - Federal Home Loan Ba_2

Note 9 - Federal Home Loan Bank Advances (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Federal Home Loan Bank, Advances [Table Text Block]	(dollars in thousands) Maturity Year Interest Rate Amount 2023 5.47% - 5.53% $ 10,000 2024 4.48% - 4.83% 10,000 2025 4.18 % 5,000 $ 25,000

Note 10 - Derivative Financia_2

Note 10 - Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	At September 30, 2023 At December 31, 2022 (dollars in thousands) Notional amount - interest rate swaps: Stand-alone derivatives $ 19,641 $ 20,084 Weighted-average pay rate - interest rate swaps 3.68 % 3.68 % Weighted-average receive rate - interest rate swaps 3.00 % 3.00 % Weighted-average maturity (in years) - interest rate swaps 11.8 12.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,786 $ 2,352 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,786 ) $ (2,352 )

Note 11 - Fair Value of Finan_2

Note 11 - Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At September 30, 2023 At December 31, 2022 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 22,404 $ 22,404 $ 39,788 $ 39,788 Debt securities available for sale 2 123,838 123,838 129,436 129,436 Debt securities held to maturity 2 11,838 9,662 11,805 9,917 Loans held for sale 3 5,182 5,263 7,058 7,170 Loans, net 3 628,974 549,133 588,715 548,166 Federal Home Loan Bank stock 3 1,758 1,758 463 463 Accrued interest receivable 3 2,671 2,671 2,385 2,385 Bank-owned life insurance 3 16,822 16,822 16,532 16,532 Derivative contract assets 2 2,786 2,786 2,352 2,352 Financial liabilities: Deposits 3 722,807 723,396 731,535 731,506 FHLB Advances 3 25,000 24,847 - - Other borrowings 3 - - 4,275 4,275 Derivative contract liabilities 2 2,786 2,786 2,352 2,352 Off-Balance Sheet Items 3 - - - -

Note 12 - Off-balance Sheet F_2

Note 12 - Off-balance Sheet Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	At September 30, 2023 (in thousands) Commitments to extend credit $ 9,728 Construction loans in process $ 42,906 Unused lines of credit $ 83,304 Standby financial letters of credit $ 2,225 Guaranteed accounts $ 1,338

Note 1 - General (Details Textu

Note 1 - General (Details Textual)	9 Months Ended
	Sep. 30, 2023 USD ($)	Jan. 01, 2023 USD ($)	Dec. 31, 2022 USD ($)
Subsidiary, Ownership Percentage By Parent	100%
Number of Banking Offices	4
Financing Receivable, Allowance for Credit Loss	$ 4,899,000		$ 7,145,000
Retained Earnings (Accumulated Deficit)	45,404,000		$ 37,278,000
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	554,000
Debt Securities, Held-to-Maturity, Nonaccrual	0
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss	81,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	2,036,000
Off-Balance-Sheet, Credit Loss, Liability	4,000
Unfunded Loan Commitment [Member]
Off-Balance-Sheet, Credit Loss, Liability	$ 4,000
Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss		$ 7,145,000
Retained Earnings (Accumulated Deficit)		0
Cumulative Effect, Period of Adoption, Adjustment [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss		(2,606,000)
Retained Earnings (Accumulated Deficit)		1,946,000
Cumulative Effect, Period of Adoption, Adjusted Balance [Member] | Accounting Standards Update 2016-13 [Member]
Financing Receivable, Allowance for Credit Loss		4,539,000
Retained Earnings (Accumulated Deficit)		$ 0

Note 1 - General - Impact of Ad

Note 1 - General - Impact of Adoption of Accounting Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jan. 01, 2023	Dec. 31, 2022
Allowance for credit losses on loans	$ 4,899		$ 7,145
Retained earnings (impact of adopting ASC 326, net of taxes)	$ 45,404		$ 37,278
Accounting Standards Update 2016-13 [Member]
Allowance for credit losses on loans		$ 7,145
Deferred tax asset (other assets)		0
Retained earnings (impact of adopting ASC 326, net of taxes)		0
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Allowance for credit losses on loans		4,539
Deferred tax asset (other assets)		0
Retained earnings (impact of adopting ASC 326, net of taxes)		0
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Allowance for credit losses on loans		(2,606)
Deferred tax asset (other assets)		660
Retained earnings (impact of adopting ASC 326, net of taxes)		$ 1,946

Note 2 - Debt Securities (Detai

Note 2 - Debt Securities (Details Textual) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)
Proceeds from Sale of Debt Securities, Available-for-Sale	$ 0	$ 0	$ 0	$ 0
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	105		105		106
Debt Securities, Available-for-Sale, Restricted	$ 15,600		$ 15,600		$ 13,300

Note 2 - Debt Securities - Summ

Note 2 - Debt Securities - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt securities available for sale, fair value	$ 138,607	$ 142,797
Gross Unrealized Gains, available for sale	6	0
Gross Unrealized Losses, available for sale	(14,775)	(13,361)
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	123,838	129,436
Amortized Cost, held to maturity	11,838	11,805
Gross Unrealized Gains, held to maturity	0	0
Gross Unrealized Losses, held to maturity	(2,176)	(1,888)
Debt securities held to maturity, fair value	9,662	9,917
US Treasury and Government [Member]
Debt securities available for sale, fair value	48,398	48,124
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(1,872)	(2,219)
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	46,526	45,905
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale, fair value	22,278	22,338
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(2,971)	(2,874)
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	19,307	19,464
Amortized Cost, held to maturity	9,246	9,215
Gross Unrealized Gains, held to maturity	0	0
Gross Unrealized Losses, held to maturity	(1,922)
Debt securities held to maturity, fair value	7,324
Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale, fair value	64,786	68,633
Gross Unrealized Gains, available for sale	6	0
Gross Unrealized Losses, available for sale	(9,885)	(8,131)
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	54,907	60,502
Amortized Cost, held to maturity	2,592	2,590
Gross Unrealized Gains, held to maturity	0	0
Gross Unrealized Losses, held to maturity	(254)	(1,695)
Debt securities held to maturity, fair value	2,338	7,520
Asset-Backed Securities [Member]
Debt securities available for sale, fair value	3,145	3,702
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(47)	(137)
Debt securities available for sale at fair value (amortized cost of $138,607 and $142,797)	$ 3,098	3,565
Gross Unrealized Losses, held to maturity		(193)
Debt securities held to maturity, fair value		$ 2,397

Note 2 - Debt Securities - Su_2

Note 2 - Debt Securities - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Gross Unrealized Losses, Less Than Twelve Months, AFS	$ (7)	$ (5,731)
Fair Value, Less Than Twelve Months, AFS	380	91,762
Gross Unrealized Losses, Over Twelve Months, AFS	(14,768)	(7,630)
Fair Value, Over Twelve Months, AFS	122,246	37,674
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	(79)	(1,888)
Fair Value, Less Than Twelve Months, held-to-maturity	916	9,917
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(2,097)	0
Fair Value, Over Twelve Months, Held-to-maturity	8,746	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	2,097	0
US Treasury and Government [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	(1,384)
Fair Value, Less Than Twelve Months, AFS	0	40,926
Gross Unrealized Losses, Over Twelve Months, AFS	(1,872)	(835)
Fair Value, Over Twelve Months, AFS	46,526	4,979
US States and Political Subdivisions Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	(7)	(999)
Fair Value, Less Than Twelve Months, AFS	380	11,436
Gross Unrealized Losses, Over Twelve Months, AFS	(2,964)	(1,875)
Fair Value, Over Twelve Months, AFS	18,927	8,028
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	(79)	(1,695)
Fair Value, Less Than Twelve Months, held-to-maturity	916	7,520
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(1,843)	0
Fair Value, Over Twelve Months, Held-to-maturity	6,408	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	1,843	0
Collateralized Mortgage-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	(3,246)
Fair Value, Less Than Twelve Months, AFS	0	36,939
Gross Unrealized Losses, Over Twelve Months, AFS	(9,885)	(4,885)
Fair Value, Over Twelve Months, AFS	53,695	23,563
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	0	(193)
Fair Value, Less Than Twelve Months, held-to-maturity	0	2,397
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(254)	0
Fair Value, Over Twelve Months, Held-to-maturity	2,338	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	254	0
Asset-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	(102)
Fair Value, Less Than Twelve Months, AFS	0	2,461
Gross Unrealized Losses, Over Twelve Months, AFS	(47)	(35)
Fair Value, Over Twelve Months, AFS	$ 3,098	$ 1,104

Note 2 - Debt Securities - Secu

Note 2 - Debt Securities - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt securities available for sale	$ 123,838	$ 129,436
US Treasury and Government [Member]
Debt securities available for sale	46,526	45,905
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	19,307	19,464
Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale	54,907	60,502
Asset-Backed Securities [Member]
Debt securities available for sale	3,098	3,565
Fair Value, Recurring [Member]
Debt securities available for sale	123,838	129,436
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	123,838	129,436
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	46,526	45,905
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	46,526	45,905
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	19,307	19,464
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	19,307	19,464
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	54,907	60,502
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	54,907	60,502
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	3,098	3,565
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	3,098	3,565
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	Sep. 30, 2023	Dec. 31, 2022
Due in less than one year, amortized cost	$ 37,319
Due in less than one year, fair value	36,574
Due in one to five years, amortized cost	13,110
Due in one to five years, fair value	12,261
Due in five to ten years, amortized cost	17,930
Due in five to ten years, fair value	15,104
Due in five to ten years, held-to-maturity	2,043
Due in five to ten years, fair value, held-to-maturity	1,868
Due after ten years, amortized cost	5,462
Due after ten years, fair value	4,992
Due after ten years, held-to-maturity	7,203
Due after ten years, fair value, held-to-maturity	5,456
U.S. agency mortgage-backed securities, amortized cost	64,786
U.S. agency mortgage-backed securities, fair value	54,907
U.S. agency mortgage-backed securities, HTM	2,592
U.S. agency mortgage-backed securities, fair value HTM	2,338
Total, amortized cost, AFS	138,607	$ 142,797
Total, fair value, AFS	123,838	129,436
Total, HTM	11,838	$ 11,805
Total, fair value, HTM	$ 9,662

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023 USD ($)
Number of Portfolio Classes	5	5
Impairment Valuation Loan Limit		$ 1
Financing Receivable, Modifications, Number of Contracts	0	0
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	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 1 [Member]
Period of Fixed Interest Rate (Year)		15 years
Period of Adjustment of Interest Rate (Year)		1 year
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
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	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
Total loans	$ 633,982		$ 595,631
Net deferred loan (fees) costs	(109)		229
Allowance for credit losses	(4,899)		(7,145)
Loans, net	628,974		588,715
Mortgage Receivable [Member]
Total loans	540,422		501,625
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	216,266		202,263
Allowance for credit losses	(1,661)	$ (1,586)	(2,303)	$ (2,278)	$ (2,051)	$ (1,762)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	249,448		224,211
Allowance for credit losses	(1,932)	(1,811)	(2,607)	(2,540)	(2,430)	(2,139)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	74,708		75,151
Allowance for credit losses	(473)	(544)	(922)	(871)	(867)	(857)
Loans and Finance Receivables [Member]
Total loans			595,631
Allowance for credit losses	(4,899)	(4,729)	(7,145)	(6,861)	(6,611)	(5,974)
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	87,881		86,308
Allowance for credit losses	(817)	(771)	(1,223)	(1,086)	(1,143)	(1,125)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	5,679		7,698
Allowance for credit losses	$ (16)	$ (17)	$ (90)	$ (86)	$ (120)	$ (91)

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Dec. 31, 2022
Total loans	$ 633,982	$ 633,982	$ 595,631
Loans by credit quality	633,982	633,982	595,631
Mortgage Receivable [Member]
Total loans	540,422	540,422	501,625
Loans by credit quality	540,422	540,422	501,625
Loans and Finance Receivables [Member]
Total loans			595,631
Current period gross writeoffs, originated	55	423
Loans by credit quality			595,631
Pass [Member]
Total loans			589,830
Loans by credit quality			589,830
Special Mention [Member]
Total loans			5,415
Loans by credit quality			5,415
Substandard [Member]
Total loans			386
Loans by credit quality			386
Doubtful [Member]
Total loans			0
Loans by credit quality			0
Unlikely to be Collected Financing Receivable [Member]
Total loans			0
Loans by credit quality			0
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	22,856	22,856
Financing receivable, originated in fiscal year before latest fiscal year	57,195	57,195
Financing receivable, originated two fiscal years before latest fiscal year	33,314	33,314
Financing receivable, originated three fiscal years before latest fiscal year	42,433	42,433
Financing receivable, originated four fiscal years before latest fiscal year	12,688	12,688
Financing receivable, originated five and prior fiscal years before latest fiscal year	43,394	43,394
Financing receivable, originated, revolving	4,386	4,386
Total loans	216,266	216,266	202,263
Year-to-date gross charge-offs		0
Fiscal year before current fiscal year period gross writeoffs		0
Second fiscal year before current fiscal year period gross writeoffs		0
Third fiscal year before current fiscal year period gross writeoffs		0
Fourth fiscal year before current fiscal year period gross writeoffs		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs		0
Current period gross writeoffs, revolving		0
Current period gross writeoffs, originated	0	0
Loans by credit quality	216,266	216,266	202,263
Commercial Real Estate Portfolio Segment [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	22,856	22,856
Financing receivable, originated in fiscal year before latest fiscal year	57,195	57,195
Financing receivable, originated two fiscal years before latest fiscal year	33,314	33,314
Financing receivable, originated three fiscal years before latest fiscal year	42,183	42,183
Financing receivable, originated four fiscal years before latest fiscal year	12,688	12,688
Financing receivable, originated five and prior fiscal years before latest fiscal year	41,642	41,642
Financing receivable, originated, revolving	4,386	4,386
Total loans	214,264	214,264	200,192
Loans by credit quality	214,264	214,264	200,192
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	1,752	1,752
Financing receivable, originated, revolving	0	0
Total loans	1,752	1,752	1,794
Loans by credit quality	1,752	1,752	1,794
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	250	250
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	0	0
Total loans	250	250	277
Loans by credit quality	250	250	277
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Commercial Real Estate Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	36,426	36,426
Financing receivable, originated in fiscal year before latest fiscal year	51,574	51,574
Financing receivable, originated two fiscal years before latest fiscal year	59,586	59,586
Financing receivable, originated three fiscal years before latest fiscal year	31,225	31,225
Financing receivable, originated four fiscal years before latest fiscal year	11,994	11,994
Financing receivable, originated five and prior fiscal years before latest fiscal year	29,928	29,928
Financing receivable, originated, revolving	28,715	28,715
Total loans	249,448	249,448	224,211
Year-to-date gross charge-offs		0
Fiscal year before current fiscal year period gross writeoffs		0
Second fiscal year before current fiscal year period gross writeoffs		0
Third fiscal year before current fiscal year period gross writeoffs		0
Fourth fiscal year before current fiscal year period gross writeoffs		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs		0
Current period gross writeoffs, revolving		0
Current period gross writeoffs, originated	0	0
Loans by credit quality	249,448	249,448	224,211
Residential Portfolio Segment [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	36,426	36,426
Financing receivable, originated in fiscal year before latest fiscal year	51,574	51,574
Financing receivable, originated two fiscal years before latest fiscal year	58,007	58,007
Financing receivable, originated three fiscal years before latest fiscal year	30,952	30,952
Financing receivable, originated four fiscal years before latest fiscal year	11,994	11,994
Financing receivable, originated five and prior fiscal years before latest fiscal year	29,724	29,724
Financing receivable, originated, revolving	28,309	28,309
Total loans	246,986	246,986	221,552
Loans by credit quality	246,986	246,986	221,552
Residential Portfolio Segment [Member] | Special Mention [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	1,398	1,398
Financing receivable, originated three fiscal years before latest fiscal year	273	273
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	204	204
Financing receivable, originated, revolving	362	362
Total loans	2,237	2,237	2,616
Loans by credit quality	2,237	2,237	2,616
Residential Portfolio Segment [Member] | Substandard [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	181	181
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	44	44
Total loans	225	225	43
Loans by credit quality	225	225	43
Residential Portfolio Segment [Member] | Doubtful [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Residential Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	23,789	23,789
Financing receivable, originated in fiscal year before latest fiscal year	25,220	25,220
Financing receivable, originated two fiscal years before latest fiscal year	14,945	14,945
Financing receivable, originated three fiscal years before latest fiscal year	1,825	1,825
Financing receivable, originated four fiscal years before latest fiscal year	2,319	2,319
Financing receivable, originated five and prior fiscal years before latest fiscal year	1,855	1,855
Financing receivable, originated, revolving	4,755	4,755
Total loans	74,708	74,708	75,151
Year-to-date gross charge-offs		0
Fiscal year before current fiscal year period gross writeoffs		0
Second fiscal year before current fiscal year period gross writeoffs		0
Third fiscal year before current fiscal year period gross writeoffs		386
Fourth fiscal year before current fiscal year period gross writeoffs		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs		0
Current period gross writeoffs, revolving		0
Current period gross writeoffs, originated	40	386
Loans by credit quality	74,708	74,708	75,151
Real Estate Construction Loan [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	23,789	23,789
Financing receivable, originated in fiscal year before latest fiscal year	24,998	24,998
Financing receivable, originated two fiscal years before latest fiscal year	14,945	14,945
Financing receivable, originated three fiscal years before latest fiscal year	1,441	1,441
Financing receivable, originated four fiscal years before latest fiscal year	2,319	2,319
Financing receivable, originated five and prior fiscal years before latest fiscal year	1,855	1,855
Financing receivable, originated, revolving	4,755	4,755
Total loans	74,102	74,102	74,516
Loans by credit quality	74,102	74,102	74,516
Real Estate Construction Loan [Member] | Special Mention [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	0	0
Total loans	0	0	635
Loans by credit quality	0	0	635
Real Estate Construction Loan [Member] | Substandard [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	222	222
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	384	384
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	0	0
Total loans	606	606	0
Loans by credit quality	606	606	0
Real Estate Construction Loan [Member] | Doubtful [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Real Estate Construction Loan [Member] | Unlikely to be Collected Financing Receivable [Member] | Mortgage Receivable [Member]
Total loans			0
Loans by credit quality			0
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	8,571	8,571
Financing receivable, originated in fiscal year before latest fiscal year	12,641	12,641
Financing receivable, originated two fiscal years before latest fiscal year	8,053	8,053
Financing receivable, originated three fiscal years before latest fiscal year	3,871	3,871
Financing receivable, originated four fiscal years before latest fiscal year	5,252	5,252
Financing receivable, originated five and prior fiscal years before latest fiscal year	5,684	5,684
Financing receivable, originated, revolving	43,809	43,809
Total loans	87,881	87,881	86,308
Year-to-date gross charge-offs		0
Fiscal year before current fiscal year period gross writeoffs		0
Second fiscal year before current fiscal year period gross writeoffs		0
Third fiscal year before current fiscal year period gross writeoffs		0
Fourth fiscal year before current fiscal year period gross writeoffs		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs		0
Current period gross writeoffs, revolving		0
Current period gross writeoffs, originated	0	0
Loans by credit quality	87,881	87,881	86,308
Commercial Portfolio Segment [Member] | Pass [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	8,534	8,534
Financing receivable, originated in fiscal year before latest fiscal year	12,641	12,641
Financing receivable, originated two fiscal years before latest fiscal year	8,052	8,052
Financing receivable, originated three fiscal years before latest fiscal year	3,819	3,819
Financing receivable, originated four fiscal years before latest fiscal year	5,048	5,048
Financing receivable, originated five and prior fiscal years before latest fiscal year	5,646	5,646
Financing receivable, originated, revolving	43,734	43,734
Total loans	87,474	87,474	85,874
Loans by credit quality	87,474	87,474	85,874
Commercial Portfolio Segment [Member] | Special Mention [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	37	37
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	1	1
Financing receivable, originated three fiscal years before latest fiscal year	52	52
Financing receivable, originated four fiscal years before latest fiscal year	204	204
Financing receivable, originated five and prior fiscal years before latest fiscal year	38	38
Financing receivable, originated, revolving	0	0
Total loans	332	332	368
Loans by credit quality	332	332	368
Commercial Portfolio Segment [Member] | Substandard [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	75	75
Total loans	75	75	66
Loans by credit quality	75	75	66
Commercial Portfolio Segment [Member] | Doubtful [Member] | Loans and Finance Receivables [Member]
Total loans			0
Loans by credit quality			0
Commercial Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | Loans and Finance Receivables [Member]
Total loans			0
Loans by credit quality			0
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	1,274	1,274
Financing receivable, originated in fiscal year before latest fiscal year	749	749
Financing receivable, originated two fiscal years before latest fiscal year	296	296
Financing receivable, originated three fiscal years before latest fiscal year	127	127
Financing receivable, originated four fiscal years before latest fiscal year	361	361
Financing receivable, originated five and prior fiscal years before latest fiscal year	195	195
Financing receivable, originated, revolving	2,677	2,677
Total loans	5,679	5,679	7,698
Year-to-date gross charge-offs		37
Fiscal year before current fiscal year period gross writeoffs		0
Second fiscal year before current fiscal year period gross writeoffs		0
Third fiscal year before current fiscal year period gross writeoffs		0
Fourth fiscal year before current fiscal year period gross writeoffs		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs		0
Current period gross writeoffs, revolving		0
Current period gross writeoffs, originated	15	37
Loans by credit quality	5,679	5,679	7,698
Consumer Portfolio Segment [Member] | Pass [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	1,274	1,274
Financing receivable, originated in fiscal year before latest fiscal year	749	749
Financing receivable, originated two fiscal years before latest fiscal year	296	296
Financing receivable, originated three fiscal years before latest fiscal year	127	127
Financing receivable, originated four fiscal years before latest fiscal year	361	361
Financing receivable, originated five and prior fiscal years before latest fiscal year	195	195
Financing receivable, originated, revolving	2,677	2,677
Total loans	5,679	5,679	7,696
Loans by credit quality	5,679	5,679	7,696
Consumer Portfolio Segment [Member] | Special Mention [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	0	0
Total loans	0	0	2
Loans by credit quality	0	0	2
Consumer Portfolio Segment [Member] | Substandard [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	0	0
Financing receivable, originated in fiscal year before latest fiscal year	0	0
Financing receivable, originated two fiscal years before latest fiscal year	0	0
Financing receivable, originated three fiscal years before latest fiscal year	0	0
Financing receivable, originated four fiscal years before latest fiscal year	0	0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0	0
Financing receivable, originated, revolving	0	0
Total loans	0	0	0
Loans by credit quality	$ 0	$ 0	0
Consumer Portfolio Segment [Member] | Doubtful [Member] | Loans and Finance Receivables [Member]
Total loans			0
Loans by credit quality			0
Consumer Portfolio Segment [Member] | Unlikely to be Collected Financing Receivable [Member] | Loans and Finance Receivables [Member]
Total loans			0
Loans by credit quality			$ 0

Note 3 - Loans - Summary of Pas

Note 3 - Loans - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Loans by credit quality	$ 633,982	$ 595,631
Total nonaccrual loans	1,112
Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	632
Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	428
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	367
Financial Asset, Past Due [Member]
Loans by credit quality	1,427
Financial Asset, Not Past Due [Member]
Loans by credit quality	631,443
Mortgage Receivable [Member]
Loans by credit quality	540,422	501,625
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by credit quality	216,266	202,263
Total nonaccrual loans	250	277
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	216,016	201,986
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Loans by credit quality	249,448	224,211
Total nonaccrual loans	181	0
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	350	1,383
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	409	413
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality	367	349
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	1,126	2,145
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	248,141	222,066
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Loans by credit quality	74,708	75,151
Total nonaccrual loans	606	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	0	651
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	0	55
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Past Due [Member]
Loans by credit quality	0	706
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	74,102	74,445
Loans and Finance Receivables [Member]
Loans by credit quality		595,631
Total nonaccrual loans		343
Loans and Finance Receivables [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality		2,327
Loans and Finance Receivables [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality		573
Loans and Finance Receivables [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans by credit quality		404
Loans and Finance Receivables [Member] | Financial Asset, Past Due [Member]
Loans by credit quality		3,304
Loans and Finance Receivables [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality		591,984
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Loans by credit quality	87,881	86,308
Total nonaccrual loans	75	66
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Loans by credit quality	282	293
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Loans by credit quality	19	160
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	301	453
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Loans by credit quality	87,505	85,789
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Loans by credit quality	5,679	7,698
Total 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	$ 5,679	$ 7,698

Note 3 - Loans - Loans on Nonac

Note 3 - Loans - Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Total nonaccrual loans	$ 1,112
Nonaccrual loasn with no acl	1,037
Nonaccrul loasn with acl	75
Still accruing	367
Loans and Finance Receivables [Member]
Total nonaccrual loans		$ 343
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	250	277
Nonaccrual loasn with no acl	250
Nonaccrul loasn with acl	0
Still accruing	0
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	181	0
Nonaccrual loasn with no acl	181
Nonaccrul loasn with acl	0
Still accruing	367
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	606	0
Nonaccrual loasn with no acl	606
Nonaccrul loasn with acl	0
Still accruing	0
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Total nonaccrual loans	75	$ 66
Nonaccrual loasn with no acl	0
Nonaccrul loasn with acl	75
Still accruing	$ 0

Note 3 - Loans - Summary of Imp

Note 3 - Loans - Summary of Impaired Loans (Details) $ in Thousands	Dec. 31, 2022 USD ($)
With No Related Allowance Recorded, Recorded Investment	$ 279
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	279
With an Allowance Recorded, Recorded Investment	66
With an Allowance Recorded, Unpaid Contractual Principal Balance	66
Related Allowance	14
Total Recorded Investment	345
Total Unpaid Contractual Principal Balance	345
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
With No Related Allowance Recorded, Unpaid Contractual Principal Balance	2
With an Allowance Recorded, Recorded Investment	0
With an Allowance Recorded, Unpaid Contractual Principal Balance	0
Related Allowance	0
Total Recorded Investment	2
Total Unpaid Contractual Principal Balance	$ 2

Note 4 - Allowance for Credit_3

Note 4 - Allowance for Credit Losses - Summary of Changes in Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jan. 01, 2023	Dec. 31, 2022
Beginning balance			$ 7,145
Ending balance	$ 4,899		4,899
Ending balance	4,899		4,899			$ 7,145
Recorded investment, individually evaluated for impairment						345
Balance in allowance for loan losses, individually evaluated for impairment						14
Recorded investment, collectively evaluated for impairment						595,286
Balance in allowance for loan losses						7,131
Accounting Standards Update 2016-13 [Member]
Ending balance					$ 7,145
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Ending balance					$ (2,606)
Loans and Finance Receivables [Member]
Beginning balance	4,729	$ 6,611	7,145	$ 5,974
Provision (Credit) for loan losses	219	241	739	601
Charge-offs	(55)		(423)
Recoveries	6		44
Ending balance	4,899	6,861	4,899	6,861
Provision (Credit) for loan losses	(219)	(241)	(739)	(601)
Net recoveries		9		286
Ending balance	4,899	6,861	4,899	6,861		7,145
Loans and Finance Receivables [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(2,606)
Ending balance						(2,606)
Loans and Finance Receivables [Member] | Unfunded Loan Commitment [Member]
Beginning balance	48	0	0	0
Provision (Credit) for loan losses	(44)	0	4	0
Charge-offs	0		0
Recoveries	0		0
Ending balance	4	0	4	0
Provision (Credit) for loan losses	44	0	(4)	0
Net recoveries		0		0
Ending balance	4	0	4	0		0
Loans and Finance Receivables [Member] | Unfunded Loan Commitment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			0
Ending balance						0
Loans and Financing Receivables Including Unfunded Commitments [Member]
Beginning balance	4,777	6,611	7,145	5,974
Provision (Credit) for loan losses	175	241	743	601
Charge-offs	(55)		(423)
Recoveries	6		44
Ending balance	4,903	6,861	4,903	6,861
Provision (Credit) for loan losses	(175)	(241)	(743)	(601)
Net recoveries		9		286
Ending balance	4,903	6,861	4,903	6,861		7,145
Loans and Financing Receivables Including Unfunded Commitments [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(2,606)
Ending balance						(2,606)
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Beginning balance	1,586	2,051	2,303	1,762
Provision (Credit) for loan losses	75	227	98	516
Charge-offs	0		0
Recoveries	0		0
Ending balance	1,661	2,278	1,661	2,278
Provision (Credit) for loan losses	(75)	(227)	(98)	(516)
Net recoveries		0		0
Ending balance	1,661	2,278	1,661	2,278		2,303
Recorded investment, individually evaluated for impairment						277
Balance in allowance for loan losses, individually evaluated for impairment						0
Recorded investment, collectively evaluated for impairment						201,986
Balance in allowance for loan losses						2,303
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(740)
Ending balance						(740)
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Beginning balance	1,811	2,430	2,607	2,139
Provision (Credit) for loan losses	121	110	217	401
Charge-offs	0		0
Recoveries	0		0
Ending balance	1,932	2,540	1,932	2,540
Provision (Credit) for loan losses	(121)	(110)	(217)	(401)
Net recoveries		0		0
Ending balance	1,932	2,540	1,932	2,540		2,607
Recorded investment, individually evaluated for impairment						0
Balance in allowance for loan losses, individually evaluated for impairment						0
Recorded investment, collectively evaluated for impairment						224,211
Balance in allowance for loan losses						2,607
Residential Portfolio Segment [Member] | Mortgage Receivable [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(892)
Ending balance						(892)
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Beginning balance	544	867	922	857
Provision (Credit) for loan losses	(31)	4	340	14
Charge-offs	(40)		(386)
Recoveries	0		0
Ending balance	473	871	473	871
Provision (Credit) for loan losses	31	(4)	(340)	(14)
Net recoveries		0		0
Ending balance	473	871	473	871		922
Recorded investment, individually evaluated for impairment						0
Balance in allowance for loan losses, individually evaluated for impairment						0
Recorded investment, collectively evaluated for impairment						75,151
Balance in allowance for loan losses						922
Real Estate Construction Loan [Member] | Mortgage Receivable [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(403)
Ending balance						(403)
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Beginning balance	771	1,143	1,223	1,125
Provision (Credit) for loan losses	41	(57)	60	(338)
Charge-offs	0		0
Recoveries	5		38
Ending balance	817	1,086	817	1,086
Provision (Credit) for loan losses	(41)	57	(60)	338
Net recoveries		0		299
Ending balance	817	1,086	817	1,086		1,223
Recorded investment, individually evaluated for impairment						66
Balance in allowance for loan losses, individually evaluated for impairment						14
Recorded investment, collectively evaluated for impairment						86,242
Balance in allowance for loan losses						1,209
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			(504)
Ending balance						(504)
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Beginning balance	17	120	90	91
Provision (Credit) for loan losses	13	(43)	24	8
Charge-offs	(15)		(37)
Recoveries	1		6
Ending balance	16	86	16	86
Provision (Credit) for loan losses	(13)	43	(24)	(8)
Net recoveries		9		(13)
Ending balance	$ 16	$ 86	16	$ 86		90
Recorded investment, individually evaluated for impairment						2
Balance in allowance for loan losses, individually evaluated for impairment						0
Recorded investment, collectively evaluated for impairment						7,696
Balance in allowance for loan losses						90
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance			$ (67)
Ending balance						$ (67)

Note 5 - Regulatory Capital - S

Note 5 - Regulatory Capital - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) $ in Thousands	Sep. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Tier 1 Leverage Capital, actual amount	$ 84,540	$ 81,100
Tier 1 Leverage Capital, actual percentage	0.1018	0.097
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 33,207	$ 33,461
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Percentage	0.04	0.04
Tier 1 Leverage Capital, For Well Capitalized Purposes, Amount	$ 41,509	$ 41,826
Tier 1 Leverage Capital, For Well Capitalized Purposes, Percentage	0.05	0.05
Common Equity Tier 1 Risk-based Capital, actual amount	$ 84,540	$ 81,100
Common Equity Tier 1 Risk-based Capital, actual percentage	0.1323	0.129
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 28,765	$ 28,290
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	4.50%	4.50%
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 41,549	$ 40,863
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	6.50%	6.50%
Tier 1 Risk-based Capital, actual amount	$ 84,540	$ 81,100
Tier 1 Risk-based Capital, actual percentage	0.1323	0.129
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 38,353	$ 37,720
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	0.06	0.06
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 51,138	$ 50,294
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	0.08	0.08
Total Risk-based Capital, actual amount	$ 89,443	$ 88,245
Total Risk-based Capital, actual percentage	0.1399	0.1404
Total Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 51,138	$ 50,294
Total Risk-based Capital, For Well Capitalized Purposes, Amount	$ 63,922	$ 62,867
Total Risk-based Capital, For Well Capitalized Purposes, Percentage	0.10	0.10

Note 6 - Earnings Per Share - C

Note 6 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net earnings, basic	$ 2,120	$ 2,831	$ 6,878	$ 7,039
Weighted-average Shares, basic (in shares)	3,214,323	3,159,526	3,193,302	3,151,689
Net earnings, per share amount, basic (in dollars per share)	$ 0.66	$ 0.9	$ 2.15	$ 2.23
Effect of dilutive securities-incremental shares from assumed conversion of stock options (in shares)	21,597	37,756	28,650	39,904
Net earnings, diluted	$ 2,120	$ 2,831	$ 6,878	$ 7,039
Weighted-average Shares, diluted (in shares)	3,235,920	3,197,282	3,221,952	3,191,593
Net earnings, per share amount, diluted (in dollars per share)	$ 0.66	$ 0.89	$ 2.13	$ 2.21
Basic (in dollars per share)	0.66	0.9	2.15	2.23
Diluted (in dollars per share)	$ 0.66	$ 0.89	$ 2.13	$ 2.21

Note 7 - Stock Benefit Plans (D

Note 7 - Stock Benefit Plans (Details Textual) - USD ($)		3 Months Ended		9 Months Ended		12 Months Ended
	May 20, 2015	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Restricted Stock [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,838,000		$ 1,838,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				4 years 5 months 26 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)				75,751	10,203	10,203
Restricted Stock [Member] | Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				3 years
Restricted Stock [Member] | Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)				5 years
The 2015 Stock Incentive Compensation Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		105,496		105,496
Share-Based Payment Arrangement, Expense		$ 78,000	$ 78,000	$ 210,000	$ 226,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)					3,500
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%
Share-Based Payment Arrangement, Expense, Tax Benefit		1,000	5,000	6,000	$ 14,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		112,000		$ 112,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)				3 years 2 months 19 days
The 2015 Stock Incentive Compensation Plan [Member] | Restricted Stock [Member]
Share-Based Payment Arrangement, Expense		$ 66,000	33,000	$ 142,000	93,000
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, Number of Shares Available for Grant (in shares)		31,488		31,488
Share-Based Payment Arrangement, Expense		$ 40,000	$ 32,000	$ 120,000	$ 92,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees		110%		110%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		1,764	1,250	4,874	3,486

Note 7 - Stock Benefit Plans -

Note 7 - Stock Benefit Plans - Summary of the 2015 Plan (Details) - The 2015 Stock Incentive Compensation Plan [Member] - USD ($)	3 Months Ended	9 Months Ended
	Dec. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Outstanding, Balance (in shares)	251,767	251,367	268,657
Weighted-average Exercise Price, forfeited, Outstanding (in dollars per share)	$ 20.38	$ 19.99	$ 20.23
Number of Options, exercised (in shares)		(18,617)	(20,240)
Weighted-average Exercise Price, exercised (in dollars per share)		$ (20.09)	$ (18.35)
Number of Options, forfeited (in shares)	(400)	(50)	(150)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ (20.09)	$ (20.09)	$ (20.09)
Number of Options, granted (in shares)			3,500
Weighted-average Exercise Price, Options granted (in dollars per share)			$ 25.37
Outstanding, Balance (in shares)	251,367	232,700	251,767
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 19.99	$ 20.68	$ 20.38
Weighted-average Remaining Contractual Term, Outstanding (Year)		2 years 10 months 28 days
Aggregate Intrinsic Value, Outstanding		$ 419,000
Number of Options, Exercisable (in shares)		214,700
Weighted-average Exercise Price, Exercisable (in dollars per share)		$ 20.22
Weighted-average Remaining Contractual Term, Exercisable (Year)		2 years 8 months 1 day
Aggregate Intrinsic Value, Exercisable		$ 412,000

Note 7 - Stock Benefit Plans _2

Note 7 - Stock Benefit Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Non-vested restricted stock outstanding, shares (in shares)	14,203	7,838	7,838
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 25.3	$ 18.88	$ 18.88
Non-vested restricted stock outstanding, grant date fair value	$ 359,000	$ 148,000	$ 148,000
Non-vested restricted stock granted (in shares)	75,751	10,203	10,203
Non-vested restricted stock issued, weighted average grant date fair value (in dollars per share)	$ 22.68		$ 27.85
Non-vested restricted stock granted, grant date fair value	$ 1,718,000		$ 284,000
Restricted stock shares vested (in shares)	(6,040)		(3,838)
Restricted stock shares vested, weighted average grant date fair value (in dollars per share)	$ (24.06)		$ (18.98)
Restricted stock vested, grant date fair value	$ (145,000)		$ (73,000)
Non-vested restricted stock outstanding, shares (in shares)	83,914		14,203
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 23.02		$ 25.3
Non-vested restricted stock granted, grant date fair value	$ 1,932,000		$ 359,000

Note 8 - Other Borrowings (Deta

Note 8 - Other Borrowings (Details Textual) - Revolving Credit Facility [Member] - Thomasville National Bank [Member] - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2020	Dec. 31, 2022
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000,000		$ 15,000,000		$ 15,000,000
Debt Instrument, Term (Year)					5 years
Debt Instrument, Interest Rate, Stated Percentage	8.50%		8.50%
Long-Term Line of Credit	$ 0		$ 0			$ 4,275,000
Interest Expense, Debt	$ 0	$ 56,000	$ 80,000	$ 127,000

Note 9 - Federal Home Loan Ba_3

Note 9 - Federal Home Loan Bank Advances (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 102,600,000		$ 102,600,000
Advance from Federal Home Loan Bank	25,000,000		25,000,000		$ 0
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-Term	$ 304,000	$ 0	$ 744,000	$ 0

Note 9 - Federal Home Loan Ba_4

Note 9 - Federal Home Loan Bank Advances - Maturity Schedule (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
2023	$ 10,000
2024	$ 10,000
2025, Interest Rate	4.18%
2025	$ 5,000
Advance from Federal Home Loan Bank	$ 25,000	$ 0
Minimum [Member]
2023, Interest Rate	5.47%
2024, Interest Rate	4.48%
Maximum [Member]
2023, Interest Rate	5.53%
2024, Interest Rate	4.83%

Note 10 - Derivative Financia_3

Note 10 - Derivative Financial Instruments - Schedule of Derivatives (Details) - Interest Rate Swap [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Stand-alone derivatives	$ 19,641	$ 20,084
Weighted-average pay rate - interest rate swaps	3.68%	3.68%
Weighted-average receive rate - interest rate swaps	3%	3%
Weighted-average maturity (in years) - interest rate swaps (Year)	11 years 9 months 18 days	12 years 7 months 6 days
Stand-alone derivatives - interest rate swaps (other assets)	$ 2,786	$ 2,352
Stand-alone derivatives - interest rate swaps (other liabilities)	$ (2,786)	$ (2,352)

Note 11 - Fair Value of Finan_3

Note 11 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Debt securities available for sale	$ 123,838	$ 129,436
Loans held for sale	5,182	7,058
Accrued interest receivable	2,671	2,385
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	22,404	39,788
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	123,838	129,436
Debt securities held to maturity	11,838	11,805
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	5,182	7,058
Loans, net	628,974	588,715
Federal Home Loan Bank stock	1,758	463
Accrued interest receivable	2,671	2,385
Bank-owned life insurance	16,822	16,532
Derivative contract assets	2,786	2,352
Deposits	722,807	731,535
FHLB Advances	25,000	0
Other borrowings	0	4,275
Derivative contract liabilities	2,786	2,352
Off-Balance Sheet Items	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	22,404	39,788
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	123,838	129,436
Debt securities held to maturity	9,662	9,917
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	5,263	7,170
Loans, net	549,133	548,166
Federal Home Loan Bank stock	1,758	463
Accrued interest receivable	2,671	2,385
Bank-owned life insurance	16,822	16,532
Derivative contract assets	2,786	2,352
Deposits	723,396	731,506
FHLB Advances	24,847	0
Other borrowings	0	4,275
Derivative contract liabilities	2,786	2,352
Off-Balance Sheet Items	$ 0	$ 0

Note 12 - Off-balance Sheet F_3

Note 12 - Off-balance Sheet Financial Instruments (Details Textual)	3 Months Ended
	Sep. 30, 2023 USD ($)
Off-Balance-Sheet, Credit Loss, Liability	$ 4,000
Standby Financial Letters of Credit [Member]
Debt Instrument, Term (Year)	1 year
Debt Instrument, Collateral Amount	$ 481,000
Standby Financial Letters of Credit [Member] | Credit Availability Concentration Risk [Member] | Swap Liabilities [Member]
Concentration Risk, Percentage	10%

Note 12 - Off-balance Sheet F_4

Note 12 - Off-balance Sheet Financial Instruments - Summary of Off-balance Sheet Financial Instruments (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2023 USD ($)
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	$ 9,728
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	42,906
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	83,304
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,225
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,338