Prime Meridian Holding (PMHG) 10-Q 9 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	May 02, 2024
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	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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		3,297,063

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets [Abstract]
Cash and due from banks	$ 9,600	$ 9,003
Federal funds sold	8,595	14,856
Interest-bearing deposits	5,279	4,557
Total cash and cash equivalents	23,474	28,416
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	117,413	124,475
Debt securities held to maturity (fair value of $10,328 and $10,358)	11,861	11,850
Loans held for sale	3,583	5,288
Loans, net of allowance for credit losses of $5,796 and $5,609	666,826	646,127
Federal Home Loan Bank stock	1,548	1,283
Premises and equipment, net	7,406	7,476
Right of use operating lease asset	2,767	2,823
Accrued interest receivable	3,465	3,114
Bank-owned life insurance	17,021	16,921
Other Assets	7,296	6,755
Total assets	862,660	854,528
Liabilities [Abstract]
Noninterest-bearing demand deposits	201,083	189,426
Savings, NOW and money-market deposits	462,601	476,826
Time deposits	88,029	82,436
Total deposits	751,713	748,688
Federal Home Loan Bank advances	20,000	15,000
Official checks	831	2,377
Operating lease liability	2,963	3,013
Other Liabilities	5,714	5,474
Total liabilities	781,221	774,552
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, 3,295,265 and 3,259,881 issued and outstanding	33	33
Additional paid-in capital	41,163	40,522
Retained earnings	48,347	47,234
Accumulated other comprehensive loss	(8,104)	(7,813)
Total stockholders' equity	81,439	79,976
Total liabilities and stockholders' equity	$ 862,660	$ 854,528

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt securities available for sale, fair value	$ 128,268	$ 134,940
Debt securities held to maturity, fair value	10,328	10,358
Loans receivable, allowance for loan losses	$ 5,796	$ 5,609
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)	3,295,265	3,259,881
Common stock, shares outstanding (in shares)	3,295,265	3,259,881

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans	$ 9,962	$ 8,044
Debt securities	896	933
Other	207	222
Total interest income	11,065	9,199
Interest expense:
Deposits	3,677	1,533
Other borrowings and FHLB advances	255	111
Total interest expense	3,932	1,644
Net interest income	7,133	7,555
Credit loss expense	211	243
Net interest income after credit loss expense	6,922	7,312
Noninterest income:
Mortgage banking revenue, net	71	54
Income from bank-owned life insurance	100	94
Other income	55	57
Total noninterest income	453	441
Noninterest expense:
Salaries and employee benefits	2,865	2,752
Occupancy and equipment	405	409
Professional fees	154	135
Marketing	274	223
FDIC assessment	108	84
Software maintenance, amortization and other	404	277
Other	631	575
Total noninterest expense	4,841	4,455
Earnings before income taxes	2,534	3,298
Income taxes	603	797
Net earnings	$ 1,931	$ 2,501
Earnings per common share:
Basic (in dollars per share)	$ 0.59	$ 0.79
Diluted (in dollars per share)	0.59	0.78
Cash dividends per common share (in dollars per share)	$ 0.25	$ 0.22
Deposit Account [Member]
Noninterest income:
Revenue from customer	$ 69	$ 85
Debit Card [Member]
Noninterest income:
Revenue from customer	$ 158	$ 151

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net earnings	$ 1,931	$ 2,501
Unrealized (loss) income arising during the period	(390)	1,980
Deferred income tax benefit (expense) on above change	99	(502)
Total other comprehensive (loss) income	(291)	1,478
Comprehensive income	$ 1,640	$ 3,979

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, 2022						3,164,491
Balance at Dec. 31, 2022		$ 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 expense (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
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, 2023						3,259,881				3,259,881
Balance at Dec. 31, 2023						$ 33	40,522	47,234	(7,813)	$ 79,976
Net earnings						0	0	1,931	0	1,931
Dividends paid (unaudited)						0	0	(818)	0	(818)
Net change in unrealized loss on debt securities available for sale, net of income tax expense (unaudited)						$ 0	0	0	(291)	(291)
Stock options exercised (unaudited) (in shares)						23,940
Stock options exercised (unaudited)						$ 0	481	0	0	481
Common stock issued as compensation to directors (unaudited) (in shares)						1,654
Common stock issued as compensation to directors (unaudited)						$ 0	41	0	0	41
Issuance of restricted stock (unaudited) (in shares)						9,790
Issuance of restricted stock (unaudited)						$ 0	113	0	0	113
Stock-based compensation (unaudited)						$ 0	6	0	0	$ 6
Balance (in shares) at Mar. 31, 2024						3,295,265				3,295,265
Balance at Mar. 31, 2024						$ 33	$ 41,163	$ 48,347	$ (8,104)	$ 81,439

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net earnings	$ 1,931	$ 2,501
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization	180	181
Credit loss expense	211	243
Net amortization of deferred loan fees	30	50
Net accretion of discounts on debt securities	(78)	(69)
Gain on sale of loans held for sale	(71)	(54)
Proceeds from the sale of loans held for sale	13,396	13,681
Loans originated as held for sale	(11,620)	(14,674)
Stock issued as compensation to directors	41	40
Stock-based compensation expense	119	83
Income from bank-owned life insurance	(100)	(94)
Net increase in accrued interest receivable	(351)	(238)
Net change in operating leases	6	6
Net (increase) decrease in other assets	(442)	192
Net decrease in other liabilities and official checks	(1,306)	(2,640)
Net cash provided by (used in) operating activities	1,946	(792)
Cash flows from investing activities:
Loan originations, net of principal repayments	(20,940)	(15,100)
Principal repayments of debt securities available for sale	1,679	1,720
Maturities and calls of debt securities available for sale	5,060	6
Purchase of Federal Home Loan Bank stock	(265)	(582)
Purchase of premises and equipment	(110)	(52)
Net cash used in investing activities	(14,576)	(14,008)
Cash flows from financing activities:
Net increase (decrease) in deposits	3,025	(14,299)
Change in other borrowings	0	(2,550)
Increase in Federal Home Loan Bank advances	5,000	15,000
Proceeds from stock options exercised	481	273
Common stock dividends paid	(818)	(698)
Net cash provided by (used in) financing activities	7,688	(2,274)
Net decrease in cash and cash equivalents	(4,942)	(17,074)
Cash and cash equivalents at beginning of period	28,416	39,788
Cash and cash equivalents at end of period	23,474	22,714
Supplemental disclosure of cash flow information
Interest	3,948	1,580
Income taxes	0	0
Noncash transactions:
Accumulated other comprehensive (loss) income, net change in unrealized loss on debt securities available for sale, net of income tax benefit (expense)	(291)	1,478
Impact of adopting ASC 326 (net of tax)	$ 0	$ 1,946

Note 1 - General

Note 1 - General	3 Months Ended
	Mar. 31, 2024
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, 2023 , included in our Annual Report on Form 10 March 21, 2024 three March 31, 2024 not Comprehensive Incom e . S tock - Based Compensation. Derivatives. third not no

Note 2 - Debt Securities

Note 2 - Debt Securities	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 41,585 $ - $ (1,053 ) $ 40,532 Municipal securities 22,183 - (2,198 ) 19,985 U.S. agency mortgage-backed securities 61,623 26 (7,580 ) 54,069 Asset-backed securities 2,877 6 (56 ) 2,827 Total $ 128,268 $ 32 $ (10,887 ) $ 117,413 Debt Securities Held to Maturity Municipal securities $ 9,267 $ 23 $ (1,364 ) $ 7,926 U.S. agency mortgage-backed securities 2,594 - (192 ) 2,402 Total $ 11,861 $ 23 $ (1,556 ) $ 10,328 At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 46,492 $ - $ (1,234 ) $ 45,258 Municipal securities 22,259 - (2,151 ) 20,108 U.S. agency mortgage-backed securities 63,165 7 (7,013 ) 56,159 Asset-backed securities 3,024 - (74 ) 2,950 Total $ 134,940 $ 7 $ (10,472 ) $ 124,475 Debt Securities Held to Maturity Municipal securities $ 9,257 $ 39 $ (1,378 ) $ 7,918 U.S. agency mortgage-backed securities 2,593 - (153 ) 2,440 Total $ 11,850 $ 39 $ (1,531 ) $ 10,358 There were no debt securities available for sale sold during the three March 31, 2024 2023. 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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,053 ) $ 40,532 Municipal securities - - (2,198 ) 19,985 U.S. agency mortgage-backed securities - - (7,580 ) 52,896 Asset-backed securities - - (56 ) 1,968 Total $ - $ - $ (10,887 ) $ 115,381 Debt Securities Held to Maturity Municipal securities $ - $ - $ (1,364 ) $ 6,908 U.S. agency mortgage-backed securities - - (192 ) 2,402 Total $ - $ - $ (1,556 ) $ 9,310 At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,234 ) $ 45,258 Municipal securities (2 ) 386 (2,149 ) 19,722 U.S. agency mortgage-backed securities - - (7,013 ) 54,987 Asset-backed securities - - (74 ) 2,950 Total $ (2 ) $ 386 $ (10,470 ) $ 122,917 Debt Securities Held to Maturity Municipal securities $ - $ - $ (1,378 ) $ 6,884 U.S. agency mortgage-backed securities - - (153 ) 2,440 Total $ - $ - $ (1,531 ) $ 9,324 The unrealized losses at March 31, 2024 December 31, 2023 not not not not March 31, 2024 December 31, 2023, 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 March 31, 2024 December 31, 2023, March 31, 2024 not March 31, 2024 December 31, 2023, 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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 40,532 $ - $ 40,532 $ - Municipal securities 19,985 - 19,985 - U.S. agency mortgage-backed securities 54,069 - 54,069 - Asset-backed securities 2,827 - 2,827 - Total $ 117,413 $ - $ 117,413 $ - At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 45,258 $ - $ 45,258 $ - Municipal securities 20,108 - 20,108 - U.S. agency mortgage-backed securities 56,159 - 56,159 - Asset-backed securities 2,950 - 2,950 - Total $ 124,475 $ - $ 124,475 $ - 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 $ 30,816 $ 30,612 $ - $ - Due in one to five years 17,825 16,677 - - Due in five to ten years 12,880 11,305 2,056 1,940 Due after ten years 5,124 4,750 7,211 5,986 U.S. agency mortgage-backed securities 61,623 54,069 2,594 2,402 Total $ 128,268 $ 117,413 $ 11,861 $ 10,328 At March 31, 2024 December 31, 2023

Note 3 - Loans

Note 3 - Loans	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 At December 31, 2023 Real estate mortgage loans: Commercial $ 226,634 $ 223,795 Residential and home equity 264,638 254,574 Construction 87,593 81,640 Total real estate mortgage loans 578,865 560,009 Commercial loans 88,426 85,983 Consumer and other loans 5,545 5,936 Total loans 672,836 651,928 Add (deduct): Net deferred loan fees (214 ) (192 ) Allowance for credit losses (5,796 ) (5,609 ) Loans, net $ 666,826 $ 646,127 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 Loan balances classified by credit quality indicator, loan type and based on year of origination are as follows: (in thousands) Term Loans by Origination Year At March 31, 2024 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 5,465 $ 27,806 $ 61,765 $ 32,398 $ 40,843 $ 49,414 $ 7,126 $ 224,817 Special mention - - - - - 1,761 1,761 Substandard - - - - - 56 - 56 Total commercial real estate loans $ 5,465 $ 27,806 $ 61,765 $ 32,398 $ 40,843 $ 51,231 $ 7,126 $ 226,634 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 5,957 $ 44,589 $ 51,923 $ 56,490 $ 29,625 $ 39,049 $ 32,789 $ 260,422 Special mention - - - 1,384 275 202 536 2,397 Substandard - - - 1,408 367 - 44 1,819 Total residential loans $ 5,957 $ 44,589 $ 51,923 $ 59,282 $ 30,267 $ 39,251 $ 33,369 $ 264,638 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 7,327 $ 32,003 $ 17,762 $ 19,056 $ 759 $ 3,321 $ 6,790 $ 87,018 Special mention - - - - - - - - Substandard - - 190 - - - 385 575 Total construction loans $ 7,327 $ 32,003 $ 17,952 $ 19,056 $ 759 $ 3,321 $ 7,175 $ 87,593 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial Loans Pass $ 2,329 $ 11,846 $ 11,672 $ 6,353 $ 3,373 $ 7,777 $ 44,297 $ 87,647 Special mention - 14 - - - - - 14 Substandard - - - - - - 765 765 Total commercial loans $ 2,329 $ 11,860 $ 11,672 $ 6,353 $ 3,373 $ 7,777 $ 45,062 $ 88,426 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer & Other Loans Pass $ 488 $ 1,107 $ 566 $ 246 $ 115 $ 488 $ 2,486 $ 5,496 Special mention 49 - - - - - - 49 Substandard - - - - - - - - Total consumer & other loans $ 537 $ 1,107 $ 566 $ 246 $ 115 $ 488 $ 2,486 $ 5,545 Year-to-date gross charge-offs $ 27 $ - $ - $ - $ - $ - $ - $ 27 (in thousands) Term Loans by Origination Year At December 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 27,756 $ 62,149 $ 32,799 $ 42,079 $ 12,492 $ 38,271 $ 6,482 $ 222,028 Special mention - - - - - 1,767 1,767 Substandard - - - - - - - - Total commercial real estate loans $ 27,756 $ 62,149 $ 32,799 $ 42,079 $ 12,492 $ 40,038 $ 6,482 $ 223,795 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 43,809 $ 51,060 $ 56,802 $ 29,979 $ 11,717 $ 28,188 $ 29,794 $ 251,349 Special mention - - 1,391 278 - 203 357 2,229 Substandard - - 585 367 - - 44 996 Total residential loans $ 43,809 $ 51,060 $ 58,778 $ 30,624 $ 11,717 $ 28,391 $ 30,195 $ 254,574 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 33,713 $ 18,797 $ 16,717 $ 1,425 $ 1,611 $ 1,837 $ 6,958 $ 81,058 Special mention - - - - - - - - Substandard - 198 - 384 - - - 582 Total construction loans $ 33,713 $ 18,995 $ 16,717 $ 1,809 $ 1,611 $ 1,837 $ 6,958 $ 81,640 Year-to-date gross charge-offs $ - $ - $ - $ 386 $ - $ - $ - $ 386 Commercial Loans Pass $ 12,024 $ 12,130 $ 7,247 $ 3,543 $ 4,823 $ 5,250 $ 40,064 $ 85,081 Special mention 24 - - 45 - 32 - 101 Substandard - - - 36 - - 765 801 Total commercial loans $ 12,048 $ 12,130 $ 7,247 $ 3,624 $ 4,823 $ 5,282 $ 40,829 $ 85,983 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ 1 Consumer & Other Loans Pass $ 1,317 $ 688 $ 275 $ 122 $ 348 $ 176 $ 3,010 $ 5,936 Special mention - - - - - - - - Substandard - - - - - - - - Total consumer & other loans $ 1,317 $ 688 $ 275 $ 122 $ 348 $ 176 $ 3,010 $ 5,936 Year-to-date gross charge-offs $ 46 $ - $ - $ - $ - $ - $ - $ 46 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 March 31, 2024 Real estate mortgage loans: Commercial $ 596 $ - $ - $ 596 $ 225,982 $ 56 $ 226,634 Residential and home equity 3,459 19 - 3,478 259,110 2,050 264,638 Construction 373 - - 373 86,645 575 87,593 Commercial loans - - - - 87,661 765 88,426 Consumer and other loans - - - - 5,545 - 5,545 Total $ 4,428 $ 19 $ - $ 4,447 $ 664,943 $ 3,446 $ 672,836 At December 31, 2023 Real estate mortgage loans: Commercial $ 57 $ - $ - $ 57 $ 223,738 $ - $ 223,795 Residential and home equity 3,792 492 1,110 5,394 248,227 953 254,574 Construction 648 - - 648 80,410 582 81,640 Commercial loans 18 318 - 336 84,847 800 85,983 Consumer and other loans 28 - - 28 5,908 - 5,936 Total $ 4,543 $ 810 $ 1,110 $ 6,463 $ 643,130 $ 2,335 $ 651,928 Loans are generally placed on nonaccrual status if principal or interest payments become 90 90 March 31, 2024 December 31, 2023. (in thousands) Total Nonaccrual Loans Nonaccrual Loans with No ACL Nonaccrual Loans with ACL 90+ Days Still Accruing At March 31, 2024 Commercial real estate $ 56 $ 56 $ - $ - Residential and home equity 2,050 2,050 - - Construction 575 575 - - Commercial 765 - 765 - Total $ 3,446 $ 2,681 $ 765 $ - At December 31, 2023 Residential and home equity $ 953 $ 953 $ - $ 1,110 Construction 582 582 - - Commercial 800 36 764 - Total $ 2,335 $ 1,571 $ 764 $ 1,110 The restructuring of a loan exists if the creditor grants a modification as a result of financial hardship. A loan modification may not three March 31, 2024 2023

Note 4 - Allowance for Credit L

Note 4 - Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2024
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 Three Month Period Ended March 31, 2024 Beginning balance $ 1,713 $ 2,034 $ 559 $ 1,272 $ 31 $ 5,609 Credit loss expense 23 84 40 53 11 211 Charge-offs - - - (27 ) (27 ) Recoveries - - - - 3 3 Ending balance $ 1,736 $ 2,118 $ 599 $ 1,325 $ 18 $ 5,796 Three Month Period Ended March 31, 2023 Beginning balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ 7,145 Impact of adopting ASC 326 (740 ) (892 ) (403 ) (504 ) (67 ) $ (2,606 ) Credit loss expense 43 27 21 143 9 243 Charge-offs - - - - (15 ) (15 ) Recoveries - - - 33 2 35 Ending balance $ 1,606 $ 1,742 $ 540 $ 895 $ 19 $ 4,802

Note 5 - Regulatory Matters

Note 5 - Regulatory Matters	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 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 March 31, 2024 As of March 31, 2024 1 1 no For Capital Adequacy For Well Capitalized Actual Purposes Purposes (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage As of March 31, 2024 Tier 1 Leverage Capital $ 88,744 10.35 % 34,301 4.00 % 42,876 5.00 % Common Equity Tier 1 Risk-based Capital 88,744 13.16 30,352 4.50 43,842 6.50 Tier 1 Risk-based Capital 88,744 13.16 40,470 6.00 53,960 8.00 Total Risk-based Capital 94,540 14.02 53,960 8.00 67,450 10.00 As of December 31, 2023 Tier 1 Leverage Capital $ 86,576 10.15 % $ 34,133 4.00 % $ 42,666 5.00 % Common Equity Tier 1 Risk-based Capital 86,576 13.18 29,566 4.50 42,706 6.50 Tier 1 Risk-based Capital 86,576 13.18 39,421 6.00 52,561 8.00 Total Risk-based Capital 92,185 14.03 52,561 8.00 65,702 10.00

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 2023 2024 2023 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending March 31: Basic EPS: Net earnings $ 1,931 3,275,401 $ 0.59 $ 2,501 3,175,807 $ 0.79 Effect of dilutive securities-incremental shares from assumed conversion of stock options 23,154 34,205 Diluted EPS: Net earnings $ 1,931 3,298,555 $ 0.59 $ 2,501 3,210,012 $ 0.78

Note 7 - Stock Benefit Plans

Note 7 - Stock Benefit Plans	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	( 7 ) Stock Benefit Plans 2015 The 2015 “2015 2015 may no As of March 31, 2024 2015 three March 31, 2024 2023 Weighted- Weighted- Average Average Remaining Aggregate Number of Exercise Contractual Intrinsic Options Price Term (years) Value Outstanding at December 31, 2022 251,367 $ 19.99 Options exercised (15,867 ) 17.25 Options forfeited (50 ) (20.09 ) Outstanding at March 31, 2023 235,450 $ 20.67 Options exercised (3,350 ) (20.09 ) Options forfeited (10,000 ) 28.40 Outstanding at December 31, 2023 222,100 $ 20.33 Options exercised (23,940 ) (20.09 ) Options forfeited (250 ) (20.09 ) Outstanding at March 31, 2024 197,910 $ 20.36 2.4 $ 287,000 Exercisable at March 31, 2024 188,710 $ 20.19 2.3 $ 281,000 The fair value of shares vested and recognized as compensation expense was $119,000 and $83,000 for the three March 31, 2024 2023 , respectively. These amounts include expense recognized on restricted common stock shares of $113,000 and $38,000 for the three March 31, 2024 2023 three March 31, 2024 2023 March 31, 2024 2015 Restricted Stock During the three March 31, 2024 2023 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, 2022 14,203 $ 25.30 $ 359,000 Non-vested restricted stock granted 3,834 $ 26.08 100,000 Restricted stock shares vested (5,234 ) (23.71 ) (124,000 ) Non-vested restricted stock outstanding at March 31, 2023 12,803 $ 26.18 $ 335,000 Non-vested restricted stock granted 71,917 $ 22.50 $ 1,618,000 Restricted stock shares vested (806 ) (26.06 ) (21,000 ) Forfeited (6,278 ) (23.42 ) (147,000 ) Non-vested restricted stock outstanding at December 31, 2023 77,636 $ 22.99 $ 1,785,000 Non-vested restricted stock granted 9,790 $ 23.21 $ 227,000 Restricted stock shares vested (5,234 ) (25.10 ) (131,000 ) Non-vested restricted stock outstanding at March 31, 2024 82,192 $ 22.88 $ 1,881,000 At March 31, 2024 the Company had $1,776,000 in unrecognized expense related to unvested restricted shares to be recognized over a weighted-average period of 4.2 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 March 31, 2024 2023 our directors received 1,654 and 1,573 shares of common stock, respectively, in lieu of cash fees calculated at 110% to be $41,000 and $40,000, respectively March 31, 2024

Note 8 - Other Borrowings

Note 8 - Other Borrowings	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	( 8 Other Borrowings In 2020, March 31, 2024 March 31, 2024 December 31, 2023, zero The Company incurred $0 in interest expense related to the $15 million revolving line of credit for the three March 31, 2024 three March 31, 2023

Note 9 - Federal Home Loan Bank

Note 9 - Federal Home Loan Bank Advances and Other Borrowings	3 Months Ended
	Mar. 31, 2024
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 $96.9 million at March 31, 2024 (dollars in thousands) Maturity Year Interest Rate At March 31, 2024 At December 31, 2023 2024 4.48% - 5.48% $ 15,000 $ 10,000 2025 4.18 % 5,000 5,000 $ 20,000 $ 15,000 The Company incurred $255,000 and $0 in interest expense related to FHLB advances for the three March 31, 2024 2023,

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 At December 31, 2023 (dollars in thousands) Notional amount - interest rate swaps: Stand-alone derivatives $ 19,456 $ 19,548 Weighted-average pay rate - interest rate swaps 3.68 % 3.68 % Weighted-average receive rate - interest rate swaps 7.75 % 7.75 % Weighted-average maturity (in years) - interest rate swaps 11.3 11.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,509 $ 2,253 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,509 ) $ (2,253 ) 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	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 At December 31, 2023 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 23,474 $ 23,474 28,416 28,416 Debt securities available for sale 2 117,413 117,413 124,475 124,475 Debt securities held to maturity 2 11,861 10,328 11,850 10,358 Loans held for sale 3 3,583 3,640 5,288 5,371 Loans, net 3 666,826 580,748 646,127 557,847 Federal Home Loan Bank stock 3 1,548 1,548 1,283 1,283 Accrued interest receivable 3 3,465 3,465 3,114 3,114 Bank-owned life insurance 3 17,021 17,021 16,921 16,921 Derivative contract assets 2 2,509 2,509 2,253 2,253 Financial liabilities: Deposits 3 751,713 752,561 748,688 749,411 FHLB Advances 3 20,000 19,881 15,000 14,848 Derivative contract liabilities 2 2,509 2,509 2,253 2,253 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, 2023

Note 12 - Off-balance Sheet Fin

Note 12 - Off-balance Sheet Financial Instruments	3 Months Ended
	Mar. 31, 2024
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 $642,000 March 31, 2024 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 March 31, 2024 December 31, 2023, no 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 March 31, 2024 (in thousands) Commitments to extend credit $ 8,885 Construction loans in process $ 34,733 Unused lines of credit $ 81,806 Standby financial letters of credit $ 2,230 Standby performance letters of credit $ 89 Guaranteed accounts $ 1,276

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	Item 5. Not
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 2 - Debt Securities (Table

Note 2 - Debt Securities (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 41,585 $ - $ (1,053 ) $ 40,532 Municipal securities 22,183 - (2,198 ) 19,985 U.S. agency mortgage-backed securities 61,623 26 (7,580 ) 54,069 Asset-backed securities 2,877 6 (56 ) 2,827 Total $ 128,268 $ 32 $ (10,887 ) $ 117,413 Debt Securities Held to Maturity Municipal securities $ 9,267 $ 23 $ (1,364 ) $ 7,926 U.S. agency mortgage-backed securities 2,594 - (192 ) 2,402 Total $ 11,861 $ 23 $ (1,556 ) $ 10,328 At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 46,492 $ - $ (1,234 ) $ 45,258 Municipal securities 22,259 - (2,151 ) 20,108 U.S. agency mortgage-backed securities 63,165 7 (7,013 ) 56,159 Asset-backed securities 3,024 - (74 ) 2,950 Total $ 134,940 $ 7 $ (10,472 ) $ 124,475 Debt Securities Held to Maturity Municipal securities $ 9,257 $ 39 $ (1,378 ) $ 7,918 U.S. agency mortgage-backed securities 2,593 - (153 ) 2,440 Total $ 11,850 $ 39 $ (1,531 ) $ 10,358
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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,053 ) $ 40,532 Municipal securities - - (2,198 ) 19,985 U.S. agency mortgage-backed securities - - (7,580 ) 52,896 Asset-backed securities - - (56 ) 1,968 Total $ - $ - $ (10,887 ) $ 115,381 Debt Securities Held to Maturity Municipal securities $ - $ - $ (1,364 ) $ 6,908 U.S. agency mortgage-backed securities - - (192 ) 2,402 Total $ - $ - $ (1,556 ) $ 9,310 At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ - $ - $ (1,234 ) $ 45,258 Municipal securities (2 ) 386 (2,149 ) 19,722 U.S. agency mortgage-backed securities - - (7,013 ) 54,987 Asset-backed securities - - (74 ) 2,950 Total $ (2 ) $ 386 $ (10,470 ) $ 122,917 Debt Securities Held to Maturity Municipal securities $ - $ - $ (1,378 ) $ 6,884 U.S. agency mortgage-backed securities - - (153 ) 2,440 Total $ - $ - $ (1,531 ) $ 9,324
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 March 31, 2024 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 40,532 $ - $ 40,532 $ - Municipal securities 19,985 - 19,985 - U.S. agency mortgage-backed securities 54,069 - 54,069 - Asset-backed securities 2,827 - 2,827 - Total $ 117,413 $ - $ 117,413 $ - At December 31, 2023 Debt Securities Available for Sale U.S. Government treasury and agency securities $ 45,258 $ - $ 45,258 $ - Municipal securities 20,108 - 20,108 - U.S. agency mortgage-backed securities 56,159 - 56,159 - Asset-backed securities 2,950 - 2,950 - Total $ 124,475 $ - $ 124,475 $ -
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 $ 30,816 $ 30,612 $ - $ - Due in one to five years 17,825 16,677 - - Due in five to ten years 12,880 11,305 2,056 1,940 Due after ten years 5,124 4,750 7,211 5,986 U.S. agency mortgage-backed securities 61,623 54,069 2,594 2,402 Total $ 128,268 $ 117,413 $ 11,861 $ 10,328

Note 3 - Loans (Tables)

Note 3 - Loans (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Portfolio of Loans [Table Text Block]	(in thousands) At March 31, 2024 At December 31, 2023 Real estate mortgage loans: Commercial $ 226,634 $ 223,795 Residential and home equity 264,638 254,574 Construction 87,593 81,640 Total real estate mortgage loans 578,865 560,009 Commercial loans 88,426 85,983 Consumer and other loans 5,545 5,936 Total loans 672,836 651,928 Add (deduct): Net deferred loan fees (214 ) (192 ) Allowance for credit losses (5,796 ) (5,609 ) Loans, net $ 666,826 $ 646,127
Financing Receivable Credit Quality Indicators [Table Text Block]	(in thousands) Term Loans by Origination Year At March 31, 2024 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 5,465 $ 27,806 $ 61,765 $ 32,398 $ 40,843 $ 49,414 $ 7,126 $ 224,817 Special mention - - - - - 1,761 1,761 Substandard - - - - - 56 - 56 Total commercial real estate loans $ 5,465 $ 27,806 $ 61,765 $ 32,398 $ 40,843 $ 51,231 $ 7,126 $ 226,634 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 5,957 $ 44,589 $ 51,923 $ 56,490 $ 29,625 $ 39,049 $ 32,789 $ 260,422 Special mention - - - 1,384 275 202 536 2,397 Substandard - - - 1,408 367 - 44 1,819 Total residential loans $ 5,957 $ 44,589 $ 51,923 $ 59,282 $ 30,267 $ 39,251 $ 33,369 $ 264,638 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 7,327 $ 32,003 $ 17,762 $ 19,056 $ 759 $ 3,321 $ 6,790 $ 87,018 Special mention - - - - - - - - Substandard - - 190 - - - 385 575 Total construction loans $ 7,327 $ 32,003 $ 17,952 $ 19,056 $ 759 $ 3,321 $ 7,175 $ 87,593 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Commercial Loans Pass $ 2,329 $ 11,846 $ 11,672 $ 6,353 $ 3,373 $ 7,777 $ 44,297 $ 87,647 Special mention - 14 - - - - - 14 Substandard - - - - - - 765 765 Total commercial loans $ 2,329 $ 11,860 $ 11,672 $ 6,353 $ 3,373 $ 7,777 $ 45,062 $ 88,426 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Consumer & Other Loans Pass $ 488 $ 1,107 $ 566 $ 246 $ 115 $ 488 $ 2,486 $ 5,496 Special mention 49 - - - - - - 49 Substandard - - - - - - - - Total consumer & other loans $ 537 $ 1,107 $ 566 $ 246 $ 115 $ 488 $ 2,486 $ 5,545 Year-to-date gross charge-offs $ 27 $ - $ - $ - $ - $ - $ - $ 27 (in thousands) Term Loans by Origination Year At December 31, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial Real Estate Loans Pass $ 27,756 $ 62,149 $ 32,799 $ 42,079 $ 12,492 $ 38,271 $ 6,482 $ 222,028 Special mention - - - - - 1,767 1,767 Substandard - - - - - - - - Total commercial real estate loans $ 27,756 $ 62,149 $ 32,799 $ 42,079 $ 12,492 $ 40,038 $ 6,482 $ 223,795 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Residential and Home Equity Loans Pass $ 43,809 $ 51,060 $ 56,802 $ 29,979 $ 11,717 $ 28,188 $ 29,794 $ 251,349 Special mention - - 1,391 278 - 203 357 2,229 Substandard - - 585 367 - - 44 996 Total residential loans $ 43,809 $ 51,060 $ 58,778 $ 30,624 $ 11,717 $ 28,391 $ 30,195 $ 254,574 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ - $ - $ - Construction Loans Pass $ 33,713 $ 18,797 $ 16,717 $ 1,425 $ 1,611 $ 1,837 $ 6,958 $ 81,058 Special mention - - - - - - - - Substandard - 198 - 384 - - - 582 Total construction loans $ 33,713 $ 18,995 $ 16,717 $ 1,809 $ 1,611 $ 1,837 $ 6,958 $ 81,640 Year-to-date gross charge-offs $ - $ - $ - $ 386 $ - $ - $ - $ 386 Commercial Loans Pass $ 12,024 $ 12,130 $ 7,247 $ 3,543 $ 4,823 $ 5,250 $ 40,064 $ 85,081 Special mention 24 - - 45 - 32 - 101 Substandard - - - 36 - - 765 801 Total commercial loans $ 12,048 $ 12,130 $ 7,247 $ 3,624 $ 4,823 $ 5,282 $ 40,829 $ 85,983 Year-to-date gross charge-offs $ - $ - $ - $ - $ - $ 1 $ - $ 1 Consumer & Other Loans Pass $ 1,317 $ 688 $ 275 $ 122 $ 348 $ 176 $ 3,010 $ 5,936 Special mention - - - - - - - - Substandard - - - - - - - - Total consumer & other loans $ 1,317 $ 688 $ 275 $ 122 $ 348 $ 176 $ 3,010 $ 5,936 Year-to-date gross charge-offs $ 46 $ - $ - $ - $ - $ - $ - $ 46
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 March 31, 2024 Real estate mortgage loans: Commercial $ 596 $ - $ - $ 596 $ 225,982 $ 56 $ 226,634 Residential and home equity 3,459 19 - 3,478 259,110 2,050 264,638 Construction 373 - - 373 86,645 575 87,593 Commercial loans - - - - 87,661 765 88,426 Consumer and other loans - - - - 5,545 - 5,545 Total $ 4,428 $ 19 $ - $ 4,447 $ 664,943 $ 3,446 $ 672,836 At December 31, 2023 Real estate mortgage loans: Commercial $ 57 $ - $ - $ 57 $ 223,738 $ - $ 223,795 Residential and home equity 3,792 492 1,110 5,394 248,227 953 254,574 Construction 648 - - 648 80,410 582 81,640 Commercial loans 18 318 - 336 84,847 800 85,983 Consumer and other loans 28 - - 28 5,908 - 5,936 Total $ 4,543 $ 810 $ 1,110 $ 6,463 $ 643,130 $ 2,335 $ 651,928
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 March 31, 2024 Commercial real estate $ 56 $ 56 $ - $ - Residential and home equity 2,050 2,050 - - Construction 575 575 - - Commercial 765 - 765 - Total $ 3,446 $ 2,681 $ 765 $ - At December 31, 2023 Residential and home equity $ 953 $ 953 $ - $ 1,110 Construction 582 582 - - Commercial 800 36 764 - Total $ 2,335 $ 1,571 $ 764 $ 1,110

Note 4 - Allowance for Credit_2

Note 4 - Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2024
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 Three Month Period Ended March 31, 2024 Beginning balance $ 1,713 $ 2,034 $ 559 $ 1,272 $ 31 $ 5,609 Credit loss expense 23 84 40 53 11 211 Charge-offs - - - (27 ) (27 ) Recoveries - - - - 3 3 Ending balance $ 1,736 $ 2,118 $ 599 $ 1,325 $ 18 $ 5,796 Three Month Period Ended March 31, 2023 Beginning balance $ 2,303 $ 2,607 $ 922 $ 1,223 $ 90 $ 7,145 Impact of adopting ASC 326 (740 ) (892 ) (403 ) (504 ) (67 ) $ (2,606 ) Credit loss expense 43 27 21 143 9 243 Charge-offs - - - - (15 ) (15 ) Recoveries - - - 33 2 35 Ending balance $ 1,606 $ 1,742 $ 540 $ 895 $ 19 $ 4,802

Note 5 - Regulatory Matters (Ta

Note 5 - Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 Tier 1 Leverage Capital $ 88,744 10.35 % 34,301 4.00 % 42,876 5.00 % Common Equity Tier 1 Risk-based Capital 88,744 13.16 30,352 4.50 43,842 6.50 Tier 1 Risk-based Capital 88,744 13.16 40,470 6.00 53,960 8.00 Total Risk-based Capital 94,540 14.02 53,960 8.00 67,450 10.00 As of December 31, 2023 Tier 1 Leverage Capital $ 86,576 10.15 % $ 34,133 4.00 % $ 42,666 5.00 % Common Equity Tier 1 Risk-based Capital 86,576 13.18 29,566 4.50 42,706 6.50 Tier 1 Risk-based Capital 86,576 13.18 39,421 6.00 52,561 8.00 Total Risk-based Capital 92,185 14.03 52,561 8.00 65,702 10.00

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2024 2023 Weighted- Per Weighted- Per Average Share Average Share (dollars in thousands, except per share amounts) Earnings Shares Amount Earnings Shares Amount Three Months Ending March 31: Basic EPS: Net earnings $ 1,931 3,275,401 $ 0.59 $ 2,501 3,175,807 $ 0.79 Effect of dilutive securities-incremental shares from assumed conversion of stock options 23,154 34,205 Diluted EPS: Net earnings $ 1,931 3,298,555 $ 0.59 $ 2,501 3,210,012 $ 0.78

Note 7 - Stock Benefit Plans (T

Note 7 - Stock Benefit Plans (Tables)	3 Months Ended
	Mar. 31, 2024
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, 2022 14,203 $ 25.30 $ 359,000 Non-vested restricted stock granted 3,834 $ 26.08 100,000 Restricted stock shares vested (5,234 ) (23.71 ) (124,000 ) Non-vested restricted stock outstanding at March 31, 2023 12,803 $ 26.18 $ 335,000 Non-vested restricted stock granted 71,917 $ 22.50 $ 1,618,000 Restricted stock shares vested (806 ) (26.06 ) (21,000 ) Forfeited (6,278 ) (23.42 ) (147,000 ) Non-vested restricted stock outstanding at December 31, 2023 77,636 $ 22.99 $ 1,785,000 Non-vested restricted stock granted 9,790 $ 23.21 $ 227,000 Restricted stock shares vested (5,234 ) (25.10 ) (131,000 ) Non-vested restricted stock outstanding at March 31, 2024 82,192 $ 22.88 $ 1,881,000
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, 2022 251,367 $ 19.99 Options exercised (15,867 ) 17.25 Options forfeited (50 ) (20.09 ) Outstanding at March 31, 2023 235,450 $ 20.67 Options exercised (3,350 ) (20.09 ) Options forfeited (10,000 ) 28.40 Outstanding at December 31, 2023 222,100 $ 20.33 Options exercised (23,940 ) (20.09 ) Options forfeited (250 ) (20.09 ) Outstanding at March 31, 2024 197,910 $ 20.36 2.4 $ 287,000 Exercisable at March 31, 2024 188,710 $ 20.19 2.3 $ 281,000

Note 9 - Federal Home Loan Ba_2

Note 9 - Federal Home Loan Bank Advances and Other Borrowings (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Federal Home Loan Bank, Advances [Table Text Block]	(dollars in thousands) Maturity Year Interest Rate At March 31, 2024 At December 31, 2023 2024 4.48% - 5.48% $ 15,000 $ 10,000 2025 4.18 % 5,000 5,000 $ 20,000 $ 15,000

Note 10 - Derivative Financia_2

Note 10 - Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	At March 31, 2024 At December 31, 2023 (dollars in thousands) Notional amount - interest rate swaps: Stand-alone derivatives $ 19,456 $ 19,548 Weighted-average pay rate - interest rate swaps 3.68 % 3.68 % Weighted-average receive rate - interest rate swaps 7.75 % 7.75 % Weighted-average maturity (in years) - interest rate swaps 11.3 11.6 Net realized fair value adjustments: Stand-alone derivatives - interest rate swaps (other assets) $ 2,509 $ 2,253 Stand-alone derivatives - interest rate swaps (other liabilities) $ (2,509 ) $ (2,253 )

Note 11 - Fair Value of Finan_2

Note 11 - Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	At March 31, 2024 At December 31, 2023 Carrying Fair Carrying Fair (in thousands) Level Amount Value Amount Value Financial assets: Cash and cash equivalents 1 $ 23,474 $ 23,474 28,416 28,416 Debt securities available for sale 2 117,413 117,413 124,475 124,475 Debt securities held to maturity 2 11,861 10,328 11,850 10,358 Loans held for sale 3 3,583 3,640 5,288 5,371 Loans, net 3 666,826 580,748 646,127 557,847 Federal Home Loan Bank stock 3 1,548 1,548 1,283 1,283 Accrued interest receivable 3 3,465 3,465 3,114 3,114 Bank-owned life insurance 3 17,021 17,021 16,921 16,921 Derivative contract assets 2 2,509 2,509 2,253 2,253 Financial liabilities: Deposits 3 751,713 752,561 748,688 749,411 FHLB Advances 3 20,000 19,881 15,000 14,848 Derivative contract liabilities 2 2,509 2,509 2,253 2,253 Off-Balance Sheet Items 3 - - -

Note 12 - Off-balance Sheet F_2

Note 12 - Off-balance Sheet Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Fair Value, off-Balance-Sheet Risks [Table Text Block]	At March 31, 2024 (in thousands) Commitments to extend credit $ 8,885 Construction loans in process $ 34,733 Unused lines of credit $ 81,806 Standby financial letters of credit $ 2,230 Standby performance letters of credit $ 89 Guaranteed accounts $ 1,276

Note 1 - General (Details Textu

Note 1 - General (Details Textual)	3 Months Ended
	Mar. 31, 2024
Subsidiary, Ownership Percentage By Parent	100%
Number of Banking Offices	4

Note 2 - Debt Securities (Detai

Note 2 - Debt Securities (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Proceeds from Sale of Debt Securities, Available-for-Sale	$ 0	$ 0
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	100		103
Debt Securities, Available-for-Sale, Allowance for Credit Loss	$ 0		$ 0
Debt Securities, Held-to-Maturity, Nonaccrual	0		0
Debt Securities, Available-for-Sale, Restricted	16,300		16,400
Debt Securities, Available-for-Sale, Nonaccrual	$ 0		$ 0

Note 2 - Debt Securities - Summ

Note 2 - Debt Securities - Summary of Carrying Amount and Fair Values of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt securities available for sale, fair value	$ 128,268	$ 134,940
Gross Unrealized Gains, available for sale	32	7
Gross Unrealized Losses, available for sale	(10,887)	(10,472)
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	117,413	124,475
Amortized Cost, held to maturity	11,861	11,850
Gross Unrealized Gains, held to maturity	23	39
Gross Unrealized Losses, held to maturity	(1,556)	(1,531)
Debt securities held to maturity, fair value	10,328	10,358
US Treasury and Government [Member]
Debt securities available for sale, fair value	41,585	46,492
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(1,053)	(1,234)
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	40,532	45,258
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale, fair value	22,183	22,259
Gross Unrealized Gains, available for sale	0	0
Gross Unrealized Losses, available for sale	(2,198)	(2,151)
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	19,985	20,108
Amortized Cost, held to maturity	9,267	9,257
Gross Unrealized Gains, held to maturity	23	39
Gross Unrealized Losses, held to maturity	(1,364)
Debt securities held to maturity, fair value	7,926
Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale, fair value	61,623	63,165
Gross Unrealized Gains, available for sale	26	7
Gross Unrealized Losses, available for sale	(7,580)	(7,013)
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	54,069	56,159
Amortized Cost, held to maturity	2,594	2,593
Gross Unrealized Gains, held to maturity	0	0
Gross Unrealized Losses, held to maturity	(192)	(1,378)
Debt securities held to maturity, fair value	2,402	7,918
Asset-Backed Securities [Member]
Debt securities available for sale, fair value	2,877	3,024
Gross Unrealized Gains, available for sale	6	0
Gross Unrealized Losses, available for sale	(56)	(74)
Debt securities available for sale at fair value (amortized cost of $128,268 and $134,940)	$ 2,827	2,950
Gross Unrealized Losses, held to maturity		(153)
Debt securities held to maturity, fair value		$ 2,440

Note 2 - Debt Securities - Su_2

Note 2 - Debt Securities - Summary of Securities in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Gross Unrealized Losses, Less Than Twelve Months, AFS	$ 0	$ (2)
Fair Value, Less Than Twelve Months, AFS	0	386
Gross Unrealized Losses, Over Twelve Months, AFS	(10,887)	(10,470)
Fair Value, Over Twelve Months, AFS	115,381	122,917
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	0	0
Fair Value, Less Than Twelve Months, held-to-maturity	0	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(1,556)	(1,531)
Fair Value, Over Twelve Months, Held-to-maturity	9,310	9,324
US Treasury and Government [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	0
Fair Value, Less Than Twelve Months, AFS	0	0
Gross Unrealized Losses, Over Twelve Months, AFS	(1,053)	(1,234)
Fair Value, Over Twelve Months, AFS	40,532	45,258
US States and Political Subdivisions Debt Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	(2)
Fair Value, Less Than Twelve Months, AFS	0	386
Gross Unrealized Losses, Over Twelve Months, AFS	(2,198)	(2,149)
Fair Value, Over Twelve Months, AFS	19,985	19,722
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	0	0
Fair Value, Less Than Twelve Months, held-to-maturity	0	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(1,364)	(1,378)
Fair Value, Over Twelve Months, Held-to-maturity	6,908	6,884
Collateralized Mortgage-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	0
Fair Value, Less Than Twelve Months, AFS	0	0
Gross Unrealized Losses, Over Twelve Months, AFS	(7,580)	(7,013)
Fair Value, Over Twelve Months, AFS	52,896	54,987
Gross Unrealized Losses, Less Than Twelve Months, Held-to-maturity	0	0
Fair Value, Less Than Twelve Months, held-to-maturity	0	0
Gross Unrealized Losses, Over Twelve Months, held-to-maturity	(192)	(153)
Fair Value, Over Twelve Months, Held-to-maturity	2,402	2,440
Asset-Backed Securities [Member]
Gross Unrealized Losses, Less Than Twelve Months, AFS	0	0
Fair Value, Less Than Twelve Months, AFS	0	0
Gross Unrealized Losses, Over Twelve Months, AFS	(56)	(74)
Fair Value, Over Twelve Months, AFS	$ 1,968	$ 2,950

Note 2 - Debt Securities - Secu

Note 2 - Debt Securities - Securities Available for Sale Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt securities available for sale	$ 117,413	$ 124,475
US Treasury and Government [Member]
Debt securities available for sale	40,532	45,258
US States and Political Subdivisions Debt Securities [Member]
Debt securities available for sale	19,985	20,108
Collateralized Mortgage-Backed Securities [Member]
Debt securities available for sale	54,069	56,159
Asset-Backed Securities [Member]
Debt securities available for sale	2,827	2,950
Fair Value, Recurring [Member]
Debt securities available for sale	117,413	124,475
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	117,413	124,475
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	40,532	45,258
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	40,532	45,258
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	19,985	20,108
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	19,985	20,108
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	54,069	56,159
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	54,069	56,159
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	2,827	2,950
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	2,827	2,950
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	Mar. 31, 2024	Dec. 31, 2023
Due in less than one year, amortized cost	$ 30,816
Due in less than one year, fair value	30,612
Due in one to five years, amortized cost	17,825
Due in one to five years, fair value	16,677
Due in five to ten years, amortized cost	12,880
Due in five to ten years, fair value	11,305
Due in five to ten years, held-to-maturity	2,056
Due in five to ten years, fair value, held-to-maturity	1,940
Due after ten years, amortized cost	5,124
Due after ten years, fair value	4,750
Due after ten years, held-to-maturity	7,211
Due after ten years, fair value, held-to-maturity	5,986
U.S. agency mortgage-backed securities, amortized cost	61,623
U.S. agency mortgage-backed securities, fair value	54,069
U.S. agency mortgage-backed securities, HTM	2,594
U.S. agency mortgage-backed securities, fair value HTM	2,402
Total, amortized cost, AFS	128,268	$ 134,940
Total, fair value, AFS	117,413	124,475
Total, HTM	11,861	$ 11,850
Total, fair value, HTM	$ 10,328

Note 3 - Loans (Details Textual

Note 3 - Loans (Details Textual)	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023	Dec. 31, 2023 USD ($)
Number of Portfolio Classes	5
Impairment Valuation Loan Limit	$ 1,000,000
Financing Receivable, Nonaccrual, With Allowance	$ 765,000		$ 764,000
Financing Receivable, Modifications, Number of Contracts 1	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
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
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] | Loans and Finance Receivables [Member]
Financing Receivable, Nonaccrual, With Allowance	$ 765,000		764,000
Financing Receivable, Nonaccrual, Allowance for Credit Loss	$ 556,000		$ 556,000
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	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Total loans	$ 672,836	$ 651,928
Net deferred loan fees	(214)	(192)
Allowance for credit losses	(5,796)	(5,609)
Loans, net	666,826	646,127
Mortgage Receivable [Member]
Total loans	578,865	560,009
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Total loans	226,634	223,795
Allowance for credit losses	(1,736)	(1,713)	$ (1,606)	$ (2,303)
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Total loans	264,638	254,574
Allowance for credit losses	(2,118)	(2,034)	(1,742)	(2,607)
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Total loans	87,593	81,640
Allowance for credit losses	(599)	(559)	(540)	(922)
Loans and Finance Receivables [Member]
Total loans	672,836	651,928
Allowance for credit losses	(5,796)	(5,609)	(4,802)	(7,145)
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Total loans	88,426	85,983
Allowance for credit losses	(1,325)	(1,272)	(895)	(1,223)
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Total loans	5,545	5,936
Allowance for credit losses	$ (18)	$ (31)	$ (19)	$ (90)

Note 3 - Loans - Summary of Loa

Note 3 - Loans - Summary of Loan Credit Quality (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Financing receivable, originated	$ 672,836		$ 651,928
Mortgage Receivable [Member]
Financing receivable, originated	578,865		560,009
Loans and Finance Receivables [Member]
Financing receivable, originated	672,836		651,928
Current period gross writeoffs, originated	27	$ 15
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	5,465		27,756
Financing receivable, originated in fiscal year before latest fiscal year	27,806		62,149
Financing receivable, originated two fiscal years before latest fiscal year	61,765		32,799
Financing receivable, originated three fiscal years before latest fiscal year	32,398		42,079
Financing receivable, originated four fiscal years before latest fiscal year	40,843		12,492
Financing receivable, originated five and prior fiscal years before latest fiscal year	51,231		40,038
Financing receivable, originated, revolving	7,126		6,482
Financing receivable, originated	226,634		223,795
Year-to-date gross charge-offs	0		0
Fiscal year before current fiscal year period gross writeoffs	0		0
Second fiscal year before current fiscal year period gross writeoffs	0		0
Third fiscal year before current fiscal year period gross writeoffs	0		0
Fourth fiscal year before current fiscal year period gross writeoffs	0		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs	0		0
Current period gross writeoffs, revolving	0		0
Current period gross writeoffs, originated	0	0	0
Commercial Real Estate Portfolio Segment [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	5,465		27,756
Financing receivable, originated in fiscal year before latest fiscal year	27,806		62,149
Financing receivable, originated two fiscal years before latest fiscal year	61,765		32,799
Financing receivable, originated three fiscal years before latest fiscal year	32,398		42,079
Financing receivable, originated four fiscal years before latest fiscal year	40,843		12,492
Financing receivable, originated five and prior fiscal years before latest fiscal year	49,414		38,271
Financing receivable, originated, revolving	7,126		6,482
Financing receivable, originated	224,817		222,028
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	1,761		1,767
Financing receivable, originated, revolving
Financing receivable, originated	1,761		1,767
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	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	56		0
Financing receivable, originated, revolving	0		0
Financing receivable, originated	56		0
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	5,957		43,809
Financing receivable, originated in fiscal year before latest fiscal year	44,589		51,060
Financing receivable, originated two fiscal years before latest fiscal year	51,923		58,778
Financing receivable, originated three fiscal years before latest fiscal year	59,282		30,624
Financing receivable, originated four fiscal years before latest fiscal year	30,267		11,717
Financing receivable, originated five and prior fiscal years before latest fiscal year	39,251		28,391
Financing receivable, originated, revolving	33,369		30,195
Financing receivable, originated	264,638		254,574
Year-to-date gross charge-offs	0		0
Fiscal year before current fiscal year period gross writeoffs	0		0
Second fiscal year before current fiscal year period gross writeoffs	0		0
Third fiscal year before current fiscal year period gross writeoffs	0		0
Fourth fiscal year before current fiscal year period gross writeoffs	0		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs	0		0
Current period gross writeoffs, revolving	0		0
Current period gross writeoffs, originated	0	0	0
Residential Portfolio Segment [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	5,957		43,809
Financing receivable, originated in fiscal year before latest fiscal year	44,589		51,060
Financing receivable, originated two fiscal years before latest fiscal year	51,923		56,802
Financing receivable, originated three fiscal years before latest fiscal year	56,490		29,979
Financing receivable, originated four fiscal years before latest fiscal year	29,625		11,717
Financing receivable, originated five and prior fiscal years before latest fiscal year	39,049		28,188
Financing receivable, originated, revolving	32,789		29,794
Financing receivable, originated	260,422		251,349
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	0		1,391
Financing receivable, originated three fiscal years before latest fiscal year	1,384		278
Financing receivable, originated four fiscal years before latest fiscal year	275		0
Financing receivable, originated five and prior fiscal years before latest fiscal year	202		203
Financing receivable, originated, revolving	536		357
Financing receivable, originated	2,397		2,229
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	0		585
Financing receivable, originated three fiscal years before latest fiscal year	1,408		367
Financing receivable, originated four fiscal years before latest fiscal year	367		0
Financing receivable, originated five and prior fiscal years before latest fiscal year	0		0
Financing receivable, originated, revolving	44		44
Financing receivable, originated	1,819		996
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	7,327		33,713
Financing receivable, originated in fiscal year before latest fiscal year	32,003		18,995
Financing receivable, originated two fiscal years before latest fiscal year	17,952		16,717
Financing receivable, originated three fiscal years before latest fiscal year	19,056		1,809
Financing receivable, originated four fiscal years before latest fiscal year	759		1,611
Financing receivable, originated five and prior fiscal years before latest fiscal year	3,321		1,837
Financing receivable, originated, revolving	7,175		6,958
Financing receivable, originated	87,593		81,640
Year-to-date gross charge-offs	0		0
Fiscal year before current fiscal year period gross writeoffs	0		0
Second fiscal year before current fiscal year period gross writeoffs	0		0
Third fiscal year before current fiscal year period gross writeoffs	0		386
Fourth fiscal year before current fiscal year period gross writeoffs	0		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs	0		0
Current period gross writeoffs, revolving	0		0
Current period gross writeoffs, originated	0	0	386
Real Estate Construction Loan [Member] | Pass [Member] | Mortgage Receivable [Member]
Financing receivable, originated in current fiscal year	7,327		33,713
Financing receivable, originated in fiscal year before latest fiscal year	32,003		18,797
Financing receivable, originated two fiscal years before latest fiscal year	17,762		16,717
Financing receivable, originated three fiscal years before latest fiscal year	19,056		1,425
Financing receivable, originated four fiscal years before latest fiscal year	759		1,611
Financing receivable, originated five and prior fiscal years before latest fiscal year	3,321		1,837
Financing receivable, originated, revolving	6,790		6,958
Financing receivable, originated	87,018		81,058
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
Financing receivable, originated	0		0
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	0		198
Financing receivable, originated two fiscal years before latest fiscal year	190		0
Financing receivable, originated three fiscal years before latest fiscal year	0		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	385		0
Financing receivable, originated	575		582
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	2,329		12,048
Financing receivable, originated in fiscal year before latest fiscal year	11,860		12,130
Financing receivable, originated two fiscal years before latest fiscal year	11,672		7,247
Financing receivable, originated three fiscal years before latest fiscal year	6,353		3,624
Financing receivable, originated four fiscal years before latest fiscal year	3,373		4,823
Financing receivable, originated five and prior fiscal years before latest fiscal year	7,777		5,282
Financing receivable, originated, revolving	45,062		40,829
Financing receivable, originated	88,426		85,983
Year-to-date gross charge-offs	0		0
Fiscal year before current fiscal year period gross writeoffs	0		0
Second fiscal year before current fiscal year period gross writeoffs	0		0
Third fiscal year before current fiscal year period gross writeoffs	0		0
Fourth fiscal year before current fiscal year period gross writeoffs	0		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs	0		1
Current period gross writeoffs, revolving	0		0
Current period gross writeoffs, originated	0	0	1
Commercial Portfolio Segment [Member] | Pass [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	2,329		12,024
Financing receivable, originated in fiscal year before latest fiscal year	11,846		12,130
Financing receivable, originated two fiscal years before latest fiscal year	11,672		7,247
Financing receivable, originated three fiscal years before latest fiscal year	6,353		3,543
Financing receivable, originated four fiscal years before latest fiscal year	3,373		4,823
Financing receivable, originated five and prior fiscal years before latest fiscal year	7,777		5,250
Financing receivable, originated, revolving	44,297		40,064
Financing receivable, originated	87,647		85,081
Commercial Portfolio Segment [Member] | Special Mention [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	0		24
Financing receivable, originated in fiscal year before latest fiscal year	14		0
Financing receivable, originated two fiscal years before latest fiscal year	0		0
Financing receivable, originated three fiscal years before latest fiscal year	0		45
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		32
Financing receivable, originated, revolving	0		0
Financing receivable, originated	14		101
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		36
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	765		765
Financing receivable, originated	765		801
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	537		1,317
Financing receivable, originated in fiscal year before latest fiscal year	1,107		688
Financing receivable, originated two fiscal years before latest fiscal year	566		275
Financing receivable, originated three fiscal years before latest fiscal year	246		122
Financing receivable, originated four fiscal years before latest fiscal year	115		348
Financing receivable, originated five and prior fiscal years before latest fiscal year	488		176
Financing receivable, originated, revolving	2,486		3,010
Financing receivable, originated	5,545		5,936
Year-to-date gross charge-offs	27		46
Fiscal year before current fiscal year period gross writeoffs	0		0
Second fiscal year before current fiscal year period gross writeoffs	0		0
Third fiscal year before current fiscal year period gross writeoffs	0		0
Fourth fiscal year before current fiscal year period gross writeoffs	0		0
Fifth and prior fiscal year before current fiscal year period gross writeoffs	0		0
Current period gross writeoffs, revolving	0		0
Current period gross writeoffs, originated	27	$ 15	46
Consumer Portfolio Segment [Member] | Pass [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	488		1,317
Financing receivable, originated in fiscal year before latest fiscal year	1,107		688
Financing receivable, originated two fiscal years before latest fiscal year	566		275
Financing receivable, originated three fiscal years before latest fiscal year	246		122
Financing receivable, originated four fiscal years before latest fiscal year	115		348
Financing receivable, originated five and prior fiscal years before latest fiscal year	488		176
Financing receivable, originated, revolving	2,486		3,010
Financing receivable, originated	5,496		5,936
Consumer Portfolio Segment [Member] | Special Mention [Member] | Loans and Finance Receivables [Member]
Financing receivable, originated in current fiscal year	49		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
Financing receivable, originated	49		0
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
Financing receivable, originated	$ 0		$ 0

Note 3 - Loans - Summary of Pas

Note 3 - Loans - Summary of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Financing receivable, originated	$ 672,836	$ 651,928
Total nonaccrual loans	3,446	2,335
Mortgage Receivable [Member]
Financing receivable, originated	578,865	560,009
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing receivable, originated	226,634	223,795
Total nonaccrual loans	56	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	596	57
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	0	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	0
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	596	57
Mortgage Receivable [Member] | Commercial Real Estate Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	225,982	223,738
Mortgage Receivable [Member] | Residential Portfolio Segment [Member]
Financing receivable, originated	264,638	254,574
Total nonaccrual loans	2,050	953
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	3,459	3,792
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	19	492
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	1,110
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	3,478	5,394
Mortgage Receivable [Member] | Residential Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	259,110	248,227
Mortgage Receivable [Member] | Real Estate Construction Loan [Member]
Financing receivable, originated	87,593	81,640
Total nonaccrual loans	575	582
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	373	648
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	0
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	373	648
Mortgage Receivable [Member] | Real Estate Construction Loan [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	86,645	80,410
Loans and Finance Receivables [Member]
Financing receivable, originated	672,836	651,928
Total nonaccrual loans	3,446	2,335
Loans and Finance Receivables [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	4,428	4,543
Loans and Finance Receivables [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	19	810
Loans and Finance Receivables [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	1,110
Loans and Finance Receivables [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	4,447	6,463
Loans and Finance Receivables [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	664,943	643,130
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member]
Financing receivable, originated	88,426	85,983
Total nonaccrual loans	765	800
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	0	18
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	0	318
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	0
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	0	336
Loans and Finance Receivables [Member] | Commercial Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	87,661	84,847
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member]
Financing receivable, originated	5,545	5,936
Total nonaccrual loans	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Financing receivable, originated	0	28
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Financing receivable, originated	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Financing receivable, originated	0	0
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Past Due [Member]
Financing receivable, originated	0	28
Loans and Finance Receivables [Member] | Consumer Portfolio Segment [Member] | Financial Asset, Not Past Due [Member]
Financing receivable, originated	$ 5,545	$ 5,908

Note 3 - Loans - Loans on Nonac

Note 3 - Loans - Loans on Nonaccrual Status (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Total nonaccrual loans	$ 3,446,000	$ 2,335,000
Nonaccrual loans with no ACL	2,681,000	1,571,000
Nonaccrual loan with acl	765,000	764,000
Still accruing	0	1,110,000
Loans and Finance Receivables [Member]
Total nonaccrual loans	3,446,000	2,335,000
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	56,000	0
Nonaccrual loans with no ACL	56,000
Nonaccrual loan with acl	0
Still accruing	0
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	2,050,000	953,000
Nonaccrual loans with no ACL	2,050,000	953,000
Nonaccrual loan with acl	0	0
Still accruing	0	1,110,000
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Total nonaccrual loans	575,000	582,000
Nonaccrual loans with no ACL	575,000	582,000
Nonaccrual loan with acl	0	0
Still accruing	0	0
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Total nonaccrual loans	765,000	800,000
Nonaccrual loans with no ACL	0	36,000
Nonaccrual loan with acl	765,000	764,000
Still accruing	$ 0	$ 0

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		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Beginning balance	$ 5,609
Ending balance	5,796		$ 5,609
Loans and Finance Receivables [Member]
Beginning balance	5,609	$ 7,145	7,145
Credit loss expense	211
Charge-offs	(27)	(15)
Recoveries	3	35
Credit loss expense		243
Ending balance	5,796	4,802	5,609
Loans and Finance Receivables [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance		(2,606)	(2,606)
Commercial Real Estate Portfolio Segment [Member] | Mortgage Receivable [Member]
Beginning balance	1,713	2,303	2,303
Credit loss expense	23
Charge-offs	0	0	0
Recoveries	0	0
Credit loss expense		43
Ending balance	1,736	1,606	1,713
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)	(740)
Residential Portfolio Segment [Member] | Mortgage Receivable [Member]
Beginning balance	2,034	2,607	2,607
Credit loss expense	84
Charge-offs	0	0	0
Recoveries	0	0
Credit loss expense		27
Ending balance	2,118	1,742	2,034
Residential Portfolio Segment [Member] | Mortgage Receivable [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance		(892)	(892)
Real Estate Construction Loan [Member] | Mortgage Receivable [Member]
Beginning balance	559	922	922
Credit loss expense	40
Charge-offs	0	0	(386)
Recoveries	0	0
Credit loss expense		21
Ending balance	599	540	559
Real Estate Construction Loan [Member] | Mortgage Receivable [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance		(403)	(403)
Commercial Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Beginning balance	1,272	1,223	1,223
Credit loss expense	53
Charge-offs	0	0	(1)
Recoveries	0	33
Credit loss expense		143
Ending balance	1,325	895	1,272
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)	(504)
Consumer Portfolio Segment [Member] | Loans and Finance Receivables [Member]
Beginning balance	31	90	90
Credit loss expense	11
Charge-offs	(27)	(15)	(46)
Recoveries	3	2
Credit loss expense		9
Ending balance	$ 18	19	31
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)	$ (67)

Note 5 - Regulatory Capital - S

Note 5 - Regulatory Capital - Summary of Regulatory Capital Requirements and Bank's Capital Position (Details) $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Tier 1 Leverage Capital, actual amount	$ 88,744	$ 86,576
Tier 1 Leverage Capital, actual percentage	0.1035	0.1015
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Amount	$ 34,301	$ 34,133
Tier 1 Leverage Capital, For Capital Adequacy Purposes, Percentage	0.04	0.04
Tier 1 Leverage Capital, For Well Capitalized Purposes, Amount	$ 42,876	$ 42,666
Tier 1 Leverage Capital, For Well Capitalized Purposes, Percentage	0.05	0.05
Common Equity Tier 1 Risk-based Capital, actual amount	$ 88,744	$ 86,576
Common Equity Tier 1 Risk-based Capital, actual percentage	0.1316	0.1318
Common Equity Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 30,352	$ 29,566
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	$ 43,842	$ 42,706
Common Equity Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	6.50%	6.50%
Tier 1 Risk-based Capital, actual amount	$ 88,744	$ 86,576
Tier 1 Risk-based Capital, actual percentage	0.1316	0.1318
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 40,470	$ 39,421
Tier 1 Risk-based Capital, For Capital Adequacy Purposes, Percentage	0.06	0.06
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Amount	$ 53,960	$ 52,561
Tier 1 Risk-based Capital, For Well Capitalized Purposes, Percentage	0.08	0.08
Total Risk-based Capital, actual amount	$ 94,540	$ 92,185
Total Risk-based Capital, actual percentage	0.1402	0.1403
Total Risk-based Capital, For Capital Adequacy Purposes, Amount	$ 53,960	$ 52,561
Total Risk-based Capital, For Well Capitalized Purposes, Amount	$ 67,450	$ 65,702
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
	Mar. 31, 2024	Mar. 31, 2023
Net earnings, basic	$ 1,931	$ 2,501
Weighted-average Shares, basic (in shares)	3,275,401	3,175,807
Net earnings, per share amount, basic (in dollars per share)	$ 0.59	$ 0.79
Effect of dilutive securities-incremental shares from assumed conversion of stock options (in shares)	23,154	34,205
Net earnings, diluted	$ 1,931	$ 2,501
Weighted-average Shares, diluted (in shares)	3,298,555	3,210,012
Net earnings, per share amount, diluted (in dollars per share)	$ 0.59	$ 0.78

Note 7 - Stock Benefit Plans (D

Note 7 - Stock Benefit Plans (Details Textual) - USD ($)		3 Months Ended		9 Months Ended
	May 20, 2015	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Restricted Stock [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,776,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		4 years 2 months 12 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)		9,790	3,834	71,917
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)		127,349
Share-Based Payment Arrangement, Expense		$ 119,000	$ 83,000
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
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 42,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)		2 years 3 months 18 days
The 2015 Stock Incentive Compensation Plan [Member] | Restricted Stock [Member]
Share-Based Payment Arrangement, Expense		$ 113,000	38,000
Directors' Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Authorized (in shares)		74,805
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)		28,008
Share-Based Payment Arrangement, Expense		$ 41,000	$ 40,000
Stock Consideration on Percentage of Common Stock Received Upon Cash Fees		110%
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)		1,654	1,573

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
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Outstanding, Balance (in shares)	222,100	251,367	235,450
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 20.33	$ 19.99	$ 20.67
Number of Options, exercised (in shares)	(23,940)	(15,867)	(3,350)
Weighted-average Exercise Price, exercised (in dollars per share)	$ 20.09	$ 17.25	$ 20.09
Number of Options, forfeited (in shares)	(250)	(50)	(10,000)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ (20.09)	$ (20.09)	$ (28.4)
Weighted-average Exercise Price, exercised (in dollars per share)	(20.09)	(17.25)	(20.09)
Weighted-average Exercise Price, forfeited (in dollars per share)	$ 20.09	$ 20.09	$ 28.4
Outstanding, Balance (in shares)	197,910	235,450	222,100
Weighted-average Exercise Price, Outstanding (in dollars per share)	$ 20.36	$ 20.67	$ 20.33
Weighted-average Remaining Contractual Term, Outstanding (Year)	2 years 4 months 24 days
Aggregate Intrinsic Value, Outstanding	$ 287,000
Number of Options, Exercisable (in shares)	188,710
Weighted-average Exercise Price, Exercisable (in dollars per share)	$ 20.19
Weighted-average Remaining Contractual Term, Exercisable (Year)	2 years 3 months 18 days
Aggregate Intrinsic Value, Exercisable	$ 281,000

Note 7 - Stock Benefit Plans _2

Note 7 - Stock Benefit Plans - Restricted Stock Activity (Details) - Restricted Stock [Member] - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Non-vested restricted stock outstanding, shares (in shares)	77,636	14,203	12,803
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 22.99	$ 25.3	$ 26.18
Non-vested restricted stock outstanding, grant date fair value	$ 1,785,000	$ 359,000	$ 335,000
Non-vested restricted stock granted (in shares)	9,790	3,834	71,917
Non-vested restricted stock issued, weighted average grant date fair value (in dollars per share)	$ 23.21	$ 26.08	$ 22.5
Non-vested restricted stock granted, grant date fair value	$ 227,000	$ 100,000	$ 1,618,000
Restricted stock shares vested (in shares)	(5,234)	(5,234)	(806)
Restricted stock shares vested, weighted average grant date fair value (in dollars per share)	$ (25.1)	$ (23.71)	$ (26.06)
Restricted stock vested, grant date fair value	$ (131,000)	$ (124,000)	$ (21,000)
Forfeited (in shares)			(6,278)
Forfeited, weighted average grant date fair value (in dollars per share)			$ (23.42)
Forfeited, grant date fair value			$ (147,000)
Non-vested restricted stock outstanding, shares (in shares)	82,192	12,803	77,636
Non-vested restricted stock outstanding, weighted average grant date fair value (in dollars per share)	$ 22.88	$ 26.18	$ 22.99
Non-vested restricted stock granted, grant date fair value	$ 1,881,000	$ 335,000	$ 1,785,000

Note 8 - Other Borrowings (Deta

Note 8 - Other Borrowings (Details Textual) - Revolving Credit Facility [Member] - Thomasville National Bank [Member] - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2020	Dec. 31, 2023
Line of Credit Facility, Maximum Borrowing Capacity	$ 15,000,000		$ 15,000,000
Debt Instrument, Term (Year)			5 years
Debt Instrument, Interest Rate, Stated Percentage	8.50%
Long-Term Line of Credit	$ 0			$ 0
Interest Expense, Debt	$ 0	$ 111,000

Note 9 - Federal Home Loan Ba_3

Note 9 - Federal Home Loan Bank Advances and Other Borrowings (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 96,900,000
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-Term	$ 255,000	$ 0

Note 9 - Federal Home Loan Ba_4

Note 9 - Federal Home Loan Bank Advances and Other Borrowings - Maturity Schedule (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
2024, amount	$ 15
2024, amount	$ 5	$ 10
2025, interest rate	4.18%
2025, amount		5
Amount	$ 20	$ 15
Minimum [Member]
2024, interest rate	4.48%
Maximum [Member]
2024, interest rate	5.48%

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	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Stand-alone derivatives	$ 19,456	$ 19,548
Weighted-average pay rate - interest rate swaps	3.68%	3.68%
Weighted-average receive rate - interest rate swaps	7.75%	7.75%
Weighted-average maturity (in years) - interest rate swaps (Year)	11 years 3 months 18 days	11 years 7 months 6 days
Stand-alone derivatives - interest rate swaps (other assets)	$ 2,509	$ 2,253
Stand-alone derivatives - interest rate swaps (other liabilities)	$ (2,509)	$ (2,253)

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	Mar. 31, 2024	Dec. 31, 2023
Debt securities available for sale	$ 117,413	$ 124,475
Loans held for sale	3,583	5,288
Accrued interest receivable	3,465	3,114
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	23,474	28,416
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	117,413	124,475
Debt securities held to maturity	11,861	11,850
Derivative contract assets	2,509	2,253
Derivative contract liabilities	2,509	2,253
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	3,583	5,288
Loans, net	666,826	646,127
Federal Home Loan Bank stock	1,548	1,283
Accrued interest receivable	3,465	3,114
Bank-owned life insurance	17,021	16,921
Deposits	751,713	748,688
FHLB Advances	20,000	15,000
Off-Balance Sheet Items	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	23,474	28,416
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Debt securities available for sale	117,413	124,475
Debt securities held to maturity	10,328	10,358
Derivative contract assets	2,509	2,253
Derivative contract liabilities	2,509	2,253
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	3,640	5,371
Loans, net	580,748	557,847
Federal Home Loan Bank stock	1,548	1,283
Accrued interest receivable	3,465	3,114
Bank-owned life insurance	17,021	16,921
Deposits	752,561	749,411
FHLB Advances	19,881	14,848
Off-Balance Sheet Items	$ 0	$ 0

Note 11 - Fair Value of Finan_4

Note 11 - Fair Value of Financial Instruments - Fair Values and Fair Value Measurement Method of Financial Instruments (Details) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets [Abstract]
Other Assets	$ 7,296	$ 6,755
Liabilities [Abstract]
Other Liabilities	$ 5,714	$ 5,474
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets	Other Assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities

Note 12 - Off-balance Sheet F_3

Note 12 - Off-balance Sheet Financial Instruments (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Off-Balance-Sheet, Credit Loss, Liability	$ 0	$ 0
Standby Financial Letters of Credit [Member]
Debt Instrument, Term (Year)	1 year
Debt Instrument, Collateral Amount	$ 642,000
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	3 Months Ended
	Mar. 31, 2024 USD ($)
Commitments to Extend Credit [Member]
Contractual amounts with off-balance-sheet risk	$ 8,885
Construction Loans In Process [Member]
Contractual amounts with off-balance-sheet risk	34,733
Unused lines of Credit [Member]
Contractual amounts with off-balance-sheet risk	81,806
Standby Financial Letters of Credit [Member]
Contractual amounts with off-balance-sheet risk	2,230
Performance Standby Letters Of Credit [Member]
Contractual amounts with off-balance-sheet risk	89
Guaranteed Accounts [Member]
Contractual amounts with off-balance-sheet risk	$ 1,276