HMN Financial (HMNF) 10-Q 4 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Document Information [Line Items]
Entity Central Index Key	0000921183
Entity Registrant Name	HMN FINANCIAL INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	0-24100
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-1777397
Entity Address, Address Line One	1016 Civic Center Drive N.W.
Entity Address, City or Town	Rochester
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55901
City Area Code	507
Local Phone Number	535-1200
Title of 12(b) Security	Common Stock
Trading Symbol	HMNF
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,540,976

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 29,176	$ 94,143
Securities available for sale	284,648	285,765
Loans held for sale	1,882	5,575
Loans receivable, net	679,124	652,502
Accrued interest receivable	2,269	2,132
Mortgage servicing rights, net	3,270	3,280
Premises and equipment, net	17,225	17,373
Goodwill	802	802
Core deposit intangible	4	10
Prepaid expenses and other assets	4,741	5,427
Deferred tax asset, net	6,257	2,529
Total assets	1,029,398	1,069,538
Deposits	920,398	950,666
Accrued interest payable	58	63
Customer escrows	2,954	2,143
Accrued expenses and other liabilities	5,365	6,635
Total liabilities	928,775	959,507
Commitments and contingencies
Stockholders’ equity:
Serial-preferred stock ($.01 par value):authorized 500,000 shares; issued 0	0	0
Common stock ($.01 par value): authorized 16,000,000 shares; issued 9,128,662	91	91
Additional paid-in capital	40,695	40,740
Retained earnings, subject to certain restrictions	132,634	131,413
Accumulated other comprehensive loss	(11,601)	(1,583)
Unearned employee stock ownership plan shares	(1,208)	(1,256)
Treasury stock, at cost 4,588,712 and 4,564,087 shares	(59,988)	(59,374)
Total stockholders’ equity	100,623	110,031
Total liabilities and stockholders’ equity	1,029,398	1,069,538
Collateralized Mortgage-Backed Securities [Member]
Assets
Securities available for sale	235,349	245,397
Other Debt Obligations [Member]
Assets
Securities available for sale	$ 49,299	$ 40,368

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Securities available for sale, amortized cost	$ 300,596	$ 287,966
Serial-preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Serial-preferred stock, shares authorized (in shares)	500,000	500,000
Serial-preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	16,000,000	16,000,000
Common stock, shares issued (in shares)	9,128,662	9,128,662
Treasury stock, shares (in shares)	4,588,712	4,564,087
Collateralized Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	$ 249,903	$ 247,275
Other Debt Obligations [Member]
Securities available for sale, amortized cost	$ 50,693	$ 40,691

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest income:
Loans receivable	$ 6,751	$ 7,360
Securities available for sale:
Mortgage-backed and related	727	391
Other marketable	61	107
Other	26	31
Total interest income	7,565	7,889
Interest expense:
Deposits	283	453
Total interest expense	283	453
Net interest income	7,282	7,436
Provision for loan losses	296	(576)
Net interest income after provision for loan losses	6,986	8,012
Non-interest income:
Gain on sales of loans	868	1,773
Other	355	348
Total non-interest income	2,375	3,255
Non-interest expense:
Compensation and benefits	4,288	3,821
Occupancy and equipment	1,050	1,107
Data processing	354	347
Professional services	529	203
Other	1,031	1,001
Total non-interest expense	7,252	6,479
Income before income tax expense	2,109	4,788
Income tax expense	622	1,370
Net income	1,487	3,418
Other comprehensive loss, net of tax	(10,018)	(1,241)
Comprehensive (loss) income available to common shareholders	$ (8,531)	$ 2,177
Basic earnings per share (in dollars per share)	$ 0.34	$ 0.75
Diluted earnings per share (in dollars per share)	$ 0.34	$ 0.74
Financial Service [Member]
Non-interest income:
Revenue from Contract with Customer	$ 766	$ 739
Bank Servicing [Member]
Non-interest income:
Revenue from Contract with Customer	$ 386	$ 395

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Unearned Employee Stock Ownership Plan Shares [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2020	$ 91	$ 40,480	$ 117,849	$ 1,282	$ (1,450)	$ (55,000)	$ 103,252
Net income			3,418				3,418
Other comprehensive income (loss), net of tax				(1,241)			(1,241)
Stock repurchases						(523)	(523)
Restricted stock awards		(184)				184	0
Amortization of restricted stock awards		60					60
Earned employee stock ownership plan shares		49			49		98
Balance at Mar. 31, 2021	91	40,405	121,267	41	(1,401)	(55,339)	105,064
Balance at Dec. 31, 2021	91	40,740	131,413	(1,583)	(1,256)	(59,374)	110,031
Net income			1,487				1,487
Other comprehensive income (loss), net of tax				(10,018)			(10,018)
Dividends paid to stockholders			(266)				(266)
Stock repurchases						(743)	(743)
Restricted stock awards		(182)				182	0
Stock awards withheld for tax withholding						(53)	(53)
Amortization of restricted stock awards		62					62
Earned employee stock ownership plan shares		75			48		123
Balance at Mar. 31, 2022	$ 91	$ 40,695	$ 132,634	$ (11,601)	$ (1,208)	$ (59,988)	$ 100,623

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 1,487	$ 3,418
Adjustments to reconcile net income to cash provided by operating activities:
Provision for loan losses	296	(576)
Depreciation	315	254
Amortization of premiums, net	282	181
Amortization of deferred loan fees	(82)	(625)
Amortization of purchased loan fair value adjustments	(11)	(5)
Amortization of mortgage servicing rights	225	297
Capitalized mortgage servicing rights	(215)	(368)
Losses (gains) recognized on equity securities	31	(53)
Gain on sales of loans	(868)	(1,773)
Proceeds from sale of loans held for sale	33,877	50,040
Disbursements on loans held for sale	(23,739)	(46,156)
Amortization of restricted stock awards	62	60
Amortization of unearned Employee Stock Ownership Plan shares	48	49
Earned Employee Stock Ownership Plan shares priced above original cost	75	49
(Increase) decrease in accrued interest receivable	(137)	728
(Decrease) increase in accrued interest payable	(5)	5
Decrease (increase) in other assets	720	(1,586)
Decrease in other liabilities	(1,270)	(1,295)
Other, net	1	2
Net cash provided by operating activities	11,098	2,671
Cash flows from investing activities:
Principal collected on securities available for sale	12,132	7,498
Proceeds collected on maturities of securities available for sale	0	25,682
Purchases of securities available for sale	(25,043)	(66,268)
Purchase of Federal Home Loan Bank stock	(191)	(159)
Net increase in loans receivable	(32,276)	(960)
Proceeds from sale of premises	4	0
Purchases of premises and equipment	(172)	(66)
Net cash used by investing activities	(45,546)	(34,273)
Cash flows from financing activities:
(Decrease) increase in deposits	(30,268)	60,274
Purchase of treasury stock	(743)	(523)
Stock awards withheld for tax withholding	(53)	0
Dividends to stockholders	(266)	0
Increase in customer escrows	811	973
Net cash (used) provided by financing activities	(30,519)	60,724
(Decrease) increase in cash and cash equivalents	(64,967)	29,122
Cash and cash equivalents, beginning of period	94,143	86,269
Cash and cash equivalents, end of period	29,176	115,391
Supplemental cash flow disclosures:
Cash paid for interest	288	448
Cash paid for income taxes	0	1,921
Supplemental noncash flow disclosures:
Loans transferred to loans held for sale	5,451	3,008
Core Deposits [Member]
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of core deposit intangible	$ 6	$ 25

Note 1 - HMN Financial, Inc.

Note 1 - HMN Financial, Inc.	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	( 1 HMN Financial, Inc. HMN Financial, Inc. (HMN or the Company) is a stock savings bank holding company that owns 100 percent of Home Federal Savings Bank (the Bank). The Bank has a community banking philosophy and operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank has two wholly owned subsidiaries, Osterud Insurance Agency, Inc. (OIA), which does business as Home Federal Investment Services and offers financial planning products and services, and HFSB Property Holdings, LLC (HPH), which is currently inactive, but has acted in the past as an intermediary for the Bank in holding and operating certain foreclosed properties. The consolidated financial statements included herein are for HMN, the Bank, OIA and HPH. All significant intercompany accounts and transactions have been eliminated in consolidation.

Note 2 - Basis of Preparation

Note 2 - Basis of Preparation	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Basis of Accounting [Text Block]	( 2 Basis of Preparation The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10 not three March 31, 2022 not may

Note 3 - New Accounting Standar

Note 3 - New Accounting Standards	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	( 3 New Accounting Standards In March 2022, 2022 02, Financial Instruments-Credit Losses (Topic 326 310 40, Receivables-Troubled Debt Restructurings by Creditors, 310 20 35 9 35 11 326 20, Financial Instruments-Credit Losses-Measured at Amortized Cost 326 20 50 6 . not 2016 13 2016 13 first 2023. In June 2016, 2016 13, Financial Instruments-Credit Losses (Topic 326 not December 15, 2019, November 26, 2019, 2019 11, Codification Improvements to Topic 326, Credit Losses 2016 13 first 2020 first 2023. may December 15, 2018, not not first 2023. On February 6, 2020, 2020 02, Financial Instruments-Credit Losses (Topic 326 842 No. 119 No. 2016 02, 842 Leases (Topic 842 not 326 326. third 326 first 2023.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 4 Fair Value Measurements ASC 820, Fair Value Measurements three Level 1 Level 2 not Level 3 not not The following table summarizes the assets and liabilities of the Company for which fair values are determined on a recurring basis as of March 31, 2022 December 31, 2021. Carrying Value at March 31, 2022 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 284,648 0 284,648 0 Equity securities 217 0 217 0 Mortgage loan commitments (131 ) 0 (131 ) 0 Total $ 284,734 0 284,734 0 Carrying Value at December 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 285,765 0 285,765 0 Equity securities 248 0 248 0 Mortgage loan commitments 26 0 26 0 Total $ 286,039 0 286,039 0 The Company may March 31, 2022 December 31, 2021. Carrying Value at March 31, 2022 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three Months March 31, 2022 Total Losses Loans held for sale $ 1,882 0 1,882 0 (31 ) Mortgage servicing rights 3,270 0 3,270 0 0 Impaired loans 4,117 0 4,117 0 (42 ) Real estate, net 290 0 290 0 0 Total $ 9,559 0 9,559 0 (73 ) Carrying Value at December 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year Ended December 31, 2021 Loans held for sale $ 5,575 0 5,575 0 (56 ) Mortgage servicing rights 3,280 0 3,280 0 0 Impaired loans 4,244 0 4,244 0 (218 ) Real estate, net 290 0 290 0 0 Total $ 13,389 0 13,389 0 (274 )

Note 5 - Fair Value of Financia

Note 5 - Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	( 5 Fair Value of Financial Instruments ASC 825, Disclosures about Fair Values of Financial Instruments March 31, 2022 December 31, 2021 no The estimated fair value of the Company’s financial instruments as of March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Fair Value Hierarchy Fair Value Hierarchy (Dollars in thousands) Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Financial assets: Cash and cash equivalents $ 29,176 29,176 29,176 94,143 94,143 94,143 Securities available for sale 284,648 284,648 284,648 285,765 285,765 285,765 Equity securities 217 217 217 248 248 248 Loans held for sale 1,882 1,882 1,882 5,575 5,575 5,575 Loans receivable, net 679,124 672,369 672,369 652,502 661,298 661,298 Federal Home Loan Bank stock 1,283 1,283 1,283 1,092 1,092 1,092 Accrued interest receivable 2,269 2,269 2,269 2,132 2,132 2,132 Financial liabilities: Deposits 920,398 919,450 919,450 950,666 950,558 950,558 Accrued interest payable 58 58 58 63 63 63 Off-balance sheet financial instruments: Commitments to extend credit (131 ) (131 ) 195,861 26 26 195,141 Commitments to sell loans 43 43 13,345 12 12 12,340 Cash and Cash Equivalents The carrying amount of cash and cash equivalents approximates their fair value. Securities Available for Sale The fair values of securities were based upon quoted market prices for similar securities. Equity Securities The fair values of equity securities were based upon quoted market prices for similar securities. Loans Held for Sale The fair values of loans held for sale were based upon quoted market prices for loans with similar interest rates and terms to maturity. Loans Receivable The fair value of the loan portfolio, with the exception of the adjustable rate portfolio, was calculated by discounting the scheduled cash flows through the estimated maturity using anticipated prepayment speeds and using discount rates that reflect the credit and interest rate risk inherent in each loan portfolio. The fair value of the adjustable loan portfolio was estimated by grouping the loans with similar characteristics and comparing the characteristics of each group to the prices quoted for similar types of loans in the secondary market. The fair value disclosures for both the fixed and adjustable rate portfolios were adjusted to reflect the exit price amount anticipated to be received from the sale of the portfolio in an open market transaction. Federal Home Loan Bank (FHLB) Stock The carrying amount of FHLB stock approximates its fair value. Accrued Interest Receivable The carrying amount of accrued interest receivable approximates its fair value since it is short-term in nature and does not Deposits The fair value of demand deposits, savings accounts and certain money market account deposits is the amount payable on demand at the reporting date. The fair value of fixed maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities. The fair value disclosures for all of the deposits were adjusted to reflect the exit price amount anticipated to be received from the sale of the deposits in an open market transaction . Accrued Interest Payable The carrying amount of accrued interest payable approximates its fair value since it is short-term in nature. Commitments to Extend Credit The fair values of commitments to extend credit are estimated using the fees normally charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counter parties. Commitments to Sell Loans The fair values of commitments to sell loans are estimated using the quoted market prices for loans with similar interest rates and terms to maturity.

Note 6 - Other Comprehensive (L

Note 6 - Other Comprehensive (Loss) Income	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	( 6 Other Comprehensive (Loss) Income Other comprehensive (loss) income is defined as the change in equity during a period from transactions and other events from non-owner sources. Comprehensive (loss) income is the total of net income and other comprehensive loss or income, which for the Company is comprised of unrealized losses or gains on securities available for sale. The components of other comprehensive (loss) income and the related tax effects were as follows: For the period ended March 31, (Dollars in thousands) 2022 2021 Before Tax Tax Effect Net of Tax Before Tax Tax Effect Net of Tax Securities available for sale: Gross unrealized losses arising during the period $ (13,746 ) (3,728 ) (10,018 ) (1,721 ) (480 ) (1,241 ) Other comprehensive loss $ (13,746 ) (3,728 ) (10,018 ) (1,721 ) (480 ) (1,241 )

Note 7 - Securities Available f

Note 7 - Securities Available for Sale	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 7 Securities Available For Sale The following table shows the gross unrealized losses and fair values for the securities available for sale portfolio, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2022 December 31, 2021. Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Fair Value Unrealized Losses March 31, 2022 Mortgage backed securities: Federal National Mortgage Association (FNMA) 24 $ 94,362 (5,167 ) 10 $ 34,367 (2,504 ) $ 128,729 (7,671 ) Federal Home Loan Mortgage Corporation (FHLMC) 15 77,184 (4,769 ) 8 27,878 (2,114 ) 105,062 (6,883 ) Other marketable securities: U.S. Government agency obligations 6 29,129 (869 ) 2 9,594 (404 ) 38,723 (1,273 ) Corporate preferred stock 0 0 0 1 560 (140 ) 560 (140 ) Total temporarily impaired securities 45 $ 200,675 (10,805 ) 21 $ 72,399 (5,162 ) $ 273,074 (15,967 ) Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Fair Value Unrealized # of Investments Fair Value Unrealized Fair Value Unrealized December 31, 2021 Mortgage backed securities: FNMA 19 $ 98,423 (1,234 ) 2 $ 6,810 (133 ) $ 105,233 (1,367 ) FHLMC 17 85,624 (1,038 ) 2 7,664 (151 ) 93,288 (1,189 ) Other marketable securities: U.S. Government agency obligations 7 34,659 (337 ) 0 0 0 34,659 (337 ) Corporate preferred stock 0 0 0 1 658 (42 ) 658 (42 ) Total temporarily impaired securities 43 $ 218,706 (2,609 ) 5 $ 15,132 (326 ) $ 233,838 (2,935 ) The Company reviews its investment portfolio on a quarterly basis for indications of impairment. This review includes analyzing the length of time and the extent to which the fair value has been lower than the cost, the market liquidity for the investment, the financial condition and near-term prospects of the issuer, including any specific events which may March 31, 2022 March 31, 2022 not March 31, 2022 not may A summary of securities available for sale at March 31, 2022 December 31, 2021 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2022 Mortgage-backed securities: FNMA $ 136,400 0 (7,671 ) 128,729 FHLMC 113,459 0 (6,883 ) 106,576 Collateralized mortgage obligations: FNMA 44 0 0 44 249,903 0 (14,554 ) 235,349 Other marketable securities: U.S. Government agency obligations 49,993 19 (1,273 ) 48,739 Corporate preferred stock 700 0 (140 ) 560 50,693 19 (1,413 ) 49,299 $ 300,596 19 (15,967 ) 284,648 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2021 Mortgage-backed securities: FNMA $ 138,628 550 (1,367 ) 137,811 FHLMC 108,599 126 (1,189 ) 107,536 Collateralized mortgage obligations: FNMA 48 2 0 50 247,275 678 (2,556 ) 245,397 Other marketable securities: U.S. Government agency obligations 39,991 56 (337 ) 39,710 Corporate preferred stock 700 0 (42 ) 658 40,691 56 (379 ) 40,368 $ 287,966 734 (2,935 ) 285,765 The following table indicates amortized cost and estimated fair value of securities available for sale at March 31, 2022 (Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 65,173 61,542 Due after one year through five years 184,049 174,822 Due after five years through fifteen years 51,371 48,281 Due after fifteen years 3 3 Total $ 300,596 284,648 The allocation of mortgage-backed securities in the table above is based upon the anticipated future cash flow of the securities using estimated mortgage prepayment speeds. The allocation of other marketable securities that have call features is based on the anticipated cash flows to the expected call date if it is anticipated that the security will be called, or to the maturity date if it is not

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 8 Loans Receivable, Net A summary of loans receivable at March 31, 2022 December 31, 2021 (Dollars in thousands) March 31, 2022 December 31, Single family $ 168,481 163,322 Commercial real estate: Real estate rental and leasing 213,559 209,666 Other 193,895 187,202 407,454 396,868 Consumer 41,031 41,645 Commercial business 71,960 60,165 Total loans 688,926 662,000 Less: Unamortized discounts 12 10 Net deferred loan fees 206 209 Allowance for loan losses 9,584 9,279 Total loans receivable, net $ 679,124 652,502

Note 9 - Allowance for Loan Los

Note 9 - Allowance for Loan Losses and Credit Quality Information	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Allowance For Loan Losses And Credit Quality Information [Text Block]	( 9 Allowance for Loan Losses and Credit Quality Information The allowance for loan losses is summarized as follows: (Dollars in thousands) Single Commercial Real Estate Consumer Commercial Total Balance, December 31, 2021 $ 974 6,388 981 936 9,279 Provision for losses 28 107 10 151 296 Charge-offs 0 0 (1 ) 0 (1 ) Recoveries 0 0 1 9 10 Balance, March 31, 2022 $ 1,002 6,495 991 1,096 9,584 Balance, December 31, 2020 $ 1,030 7,295 1,389 985 10,699 Provision for losses (191 ) (222 ) (171 ) 8 (576 ) Charge-offs 0 0 (31 ) 0 (31 ) Recoveries 0 0 2 38 40 Balance, March 31, 2021 $ 839 7,073 1,189 1,031 10,132 Allocated to: Specific reserves $ 36 280 83 7 406 General reserves 938 6,108 898 929 8,873 Balance, December 31, 2021 $ 974 6,388 981 936 9,279 Allocated to: Specific reserves $ 34 280 121 7 442 General reserves 968 6,215 870 1,089 9,142 Balance, March 31, 2022 $ 1,002 6,495 991 1,096 9,584 Loans receivable at December 31, 2021: Individually reviewed for impairment $ 340 3,757 546 7 4,650 Collectively reviewed for impairment 162,982 393,111 41,099 60,158 657,350 Ending balance $ 163,322 396,868 41,645 60,165 662,000 Loans receivable at March 31, 2022: Individually reviewed for impairment $ 478 3,551 523 7 4,559 Collectively reviewed for impairment 168,003 403,903 40,508 71,953 684,367 Ending balance $ 168,481 407,454 41,031 71,960 688,926 The following table summarizes the amount of classified and unclassified loans at March 31, 2022 December 31, 2021: March 31, 2022 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans Single family $ 134 935 54 0 1,123 167,358 168,481 Commercial real estate: Real estate rental and leasing 15,470 4,731 0 0 20,201 193,358 213,559 Other 6,296 9,318 0 0 15,614 178,281 193,895 Consumer 0 413 20 90 523 40,508 41,031 Commercial business 1,893 1,739 0 0 3,632 68,328 71,960 $ 23,793 17,136 74 90 41,093 647,833 688,926 December 31, 2021 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans Single family $ 410 791 56 0 1,257 162,065 163,322 Commercial real estate: Real estate rental and leasing 16,012 4,753 0 0 20,765 188,901 209,666 Other 6,824 9,571 0 0 16,395 170,807 187,202 Consumer 0 475 21 50 546 41,099 41,645 Commercial business 1,933 1,813 0 0 3,746 56,419 60,165 $ 25,179 17,403 77 50 42,709 619,291 662,000 Classified loans represent special mention, substandard (performing and non-performing), and non-performing loans categorized as doubtful and loss. Loans classified as special mention are loans that have potential weaknesses that, if left uncorrected, may not may not The aging of past due loans at March 31, 2022 December 31, 2021 (Dollars in thousands) 30-59 60-89 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 March 31, 2022 Single family $ 679 0 265 944 167,537 168,481 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 213,559 213,559 0 Other 0 0 0 0 193,895 193,895 0 Consumer 393 34 122 549 40,482 41,031 0 Commercial business 0 0 0 0 71,960 71,960 0 $ 1,072 34 387 1,493 687,433 688,926 0 December 31, 2021 Single family $ 864 65 153 1,082 162,240 163,322 0 Commercial real estate: Real estate rental and leasing 198 0 0 198 209,468 209,666 0 Other 226 3,402 0 3,628 183,574 187,202 0 Consumer 174 89 122 385 41,260 41,645 0 Commercial business 0 0 0 0 60,165 60,165 0 $ 1,462 3,556 275 5,293 656,707 662,000 0 Impaired loans include loans that are non-performing (non-accruing) and loans that have been modified in a troubled debt restructuring (TDR). The following table summarizes impaired loans and related allowances as of March 31, 2022 December 31, 2021: March 31, 2022 December 31, 2021 (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related Loans with no related allowance recorded: Single family $ 394 413 0 253 272 0 Commercial real estate: Other 185 185 0 189 189 0 Consumer 359 359 0 419 419 0 Loans with an allowance recorded: Single family 84 84 34 87 87 36 Commercial real estate: Other 3,366 3,366 280 3,568 3,568 280 Consumer 164 164 121 127 127 83 Commercial business 7 7 7 7 7 7 Total: Single family 478 497 34 340 359 36 Commercial real estate: Other 3,551 3,551 280 3,757 3,757 280 Consumer 523 523 121 546 546 83 Commercial business 7 7 7 7 7 7 $ 4,559 4,578 442 4,650 4,669 406 The following table summarizes the average recorded investment and interest income recognized on impaired loans during the three March 31, 2022 2021: March 31, 2022 March 31, 2021 (Dollars in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Loans with no related allowance recorded: Single family $ 324 2 739 6 Commercial real estate: Real estate rental and leasing 0 0 1,002 0 Other 187 0 205 0 Consumer 389 2 543 1 Loans with an allowance recorded: Single family 86 0 116 0 Commercial real estate: Real estate rental and leasing 0 0 83 0 Other 3,467 0 157 0 Consumer 146 1 162 0 Commercial business 7 0 36 0 Total: Single family 410 2 855 6 Commercial real estate: Real estate rental and leasing 0 0 1,085 0 Other 3,654 0 362 0 Consumer 535 3 705 1 Commercial business 7 0 36 0 $ 4,606 5 3,043 7 At March 31, 2022 December 31, 2021, no March 31, 2022 December 31, 2021. The non-accrual loans at March 31, 2022 December 31, 2021 (Dollars in thousands) March 31, December 31, Single family $ 478 $ 340 Commercial real estate: Other 3,551 3,757 Consumer 500 517 Commercial business 7 7 $ 4,536 $ 4,621 At March 31, 2022 December 31, 2021, first 2022, none March 31, 2022. The following table summarizes TDRs at March 31, 2022 December 31, 2021: March 31, 2022 December, 31, 2021 (Dollars in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Single family $ 0 250 250 0 254 254 Commercial real estate 0 349 349 0 355 355 Consumer 23 375 398 29 413 442 $ 23 974 997 29 1,022 1,051 TDR concessions can include reduction of interest rates, extension of maturity dates, forgiveness of principal and/or interest due, or acceptance of real estate or other assets in full or partial satisfaction of the debt. Loan modifications are not twelve twelve When a loan is modified in a TDR, there may may three March 31, 2022 March 31, 2021. Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (Dollars in thousands) Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Troubled debt restructurings: Commercial real estate: Other 1 $ 165 165 1 $ 139 139 Commercial business 0 0 0 1 14 14 Total 1 $ 165 165 2 $ 153 153 There were no loans that were restructured within the twelve March 31, 2022 March 31, 2021 three March 31, 2022 March 31, 2021. The Company considers a loan to have defaulted when it becomes 90 six six may TDRs are reviewed for impairment following the same methodology as other impaired loans. For loans that are collateral-dependent, the value of the collateral is reviewed and additional reserves may not may March 31, 2022 December 31, 2021. The Coronavirus Aid, Relief, and Economic Security Act March 27, 2020 Interagency Statement on Loan Modification and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus April 7, 2020. 4013 December 31, 2021. 19 March 31, 2022 March 31, 2021, 4013

Note 10 - Intangible Assets

Note 10 - Intangible Assets	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	( 10 Intangible Assets The Company’s intangible assets consist of core deposit intangibles, goodwill and mortgage servicing rights. A summary of mortgage servicing activity is as follows: (Dollars in thousands) Three Months Ended March 31, 2022 Twelve Months Ended December 31, 2021 Three Months Ended March 31, 2021 Balance, beginning of period $ 3,280 3,043 3,043 Originations 215 1,405 368 Amortization (225 ) (1,168 ) (297 ) Balance, end of period $ 3,270 3,280 3,114 Fair value of mortgage servicing rights $ 5,469 4,813 4,073 All of the loans sold where the Company continues to service the loans are serviced for FNMA under the individual loan sale program. The following is a summary of the risk characteristics of the loans being serviced for FNMA at March 31, 2022: Weighted Weighted Loan Average Average Principal Interest Remaining Number (Dollars in thousands) Balance Rate Term (months) of Loans Original term 15 year fixed rate $ 117,268 2.85 % 141 1,066 Original term 30 year fixed rate 428,532 3.43 312 2,671 Amortization expense for intangible assets was $0.2 million and $0.3 million for the three March 31, 2022 March 31, 2021, March 31, 2022 December 31, 2021 March 31, 2022 Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets Mortgage servicing rights $ 5,931 (2,661 ) 3,270 Core deposit intangible 154 (150 ) 4 Goodwill 802 0 802 Total $ 6,887 (2,811 ) 4,076 December 31, 2021 Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets Mortgage servicing rights $ 5,854 (2,574 ) 3,280 Core deposit intangible 574 (564 ) 10 Goodwill 802 0 802 Total $ 7,230 (3,138 ) 4,092 The following table indicates the estimated future amortization expense for intangible assets: (Dollars in thousands) Mortgage Core Total Year ending December 31, 2022 $ 535 4 539 2023 672 0 672 2024 637 0 637 2025 569 0 569 2026 469 0 469 Thereafter 388 0 388 Total $ 3,270 4 3,274 No not may Projections of amortization are based on existing asset balances and the existing interest rate environment as of March 31, 2022. may

Note 11 - Leases

Note 11 - Leases	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	( 11 Leases The Company accounts for its leases in accordance with ASU 2016 02, 842 March 31, 2022 Operating lease right-of-use assets represent the Company’s right to use an underlying asset during the lease term and operating lease liabilities represent its obligation to make lease payments arising from the lease. Right-of-use assets and operating lease liabilities are recognized at lease commencement based on the present value of the remaining lease payments using a discount rate that represents the Company’s incremental borrowing rate at the lease commencement date. Because the Company only has operating leases and the right-of-use asset is offset by a lease payment obligation liability, the lease payments are the only amount that is recorded in occupancy expense in the consolidated statements of comprehensive (loss) income. The Company’s leases relate to office space and bank branches with remaining lease terms between five thirty-seven three ten not not The table below summarizes the Company’s net lease cost for the three March 31, 2022 2021. (Dollars in thousands) Three Months Ended Three Months Ended Operating lease cost $ 57 225 The table below summarizes other information related to the Company’s operating leases: (Dollars in thousands) Three Months Three Months Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 57 225 Weighted-average remaining lease term – operating leases, in years 2.2 3.5 Weighted-average discount rate – operating leases 1.83 % 2.19 % The decrease in the net lease cost and operating cash flows between the periods is related to the purchase of the combined corporate office and branch facility in Rochester, Minnesota during the fourth 2021. The table below summarizes the maturity of remaining lease liabilities at March 31, 2022: (Dollars in thousands) March 31, 2022 2022 $ 155 2023 92 2024 77 2025 15 2026 and thereafter 0 Total lease payments 339 Less: Interest (7 ) Present value of lease liabilities $ 332

Note 12 - Earnings Per Common S

Note 12 - Earnings Per Common Share	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	( 12 Earnings per Common Share The following table reconciles the weighted average shares outstanding and the earnings available to common stockholders used for basic and diluted earnings per common share: Three Months Ended (Dollars in thousands, except per share data) March 31, March 31, Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,391,325 4,560,743 Net dilutive effect of: Restricted stock awards and options 33,878 28,681 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,425,203 4,589,424 Income available to common stockholders $ 1,487 3,418 Basic earnings per common share $ 0.34 0.75 Diluted earnings per common share $ 0.34 0.74

Note 13 - Regulatory Capital an

Note 13 - Regulatory Capital and Oversight	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 13 Regulatory Capital and Oversight The Bank is subject to the Basel III regulatory capital requirements. The Basel III requirements, among other things, (i) apply a set of capital requirements to the Bank, including requirements relating to common equity as a component of core capital, (ii) implement a “capital conservation buffer” against risk and a higher minimum Tier 1 The FRB amended its Small Bank Holding Company Policy Statement (Policy Statement), to exempt small bank holding companies with assets less than $3 Quantitative measures established by regulations to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table and defined in the regulation) of common equity Tier 1 1 1 The Bank’s average total assets for the first 2022 March 31, 2022 Actual Required to be Excess Capital To Be Well Capitalized (Dollars in thousands) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) March 31, 2022 Common equity Tier 1 capital $ 99,354 12.76 % $ 35,040 4.50 % $ 64,314 8.26 % $ 50,614 6.50 % Tier 1 leverage 99,354 9.55 41,633 4.00 57,721 5.55 52,042 5.00 Tier 1 risk-based capital 99,354 12.76 46,720 6.00 52,634 6.76 62,294 8.00 Total risk-based capital 108,938 13.99 62,294 8.00 46,644 5.99 77,867 10.00 ( 1 1 The Bank must maintain a capital conservation buffer of 2.50% composed of common equity Tier 1 March 31, 2022, no

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	( 14 Stockholders Equity The Company repurchased 30,000 shares of its common stock in the open market for a gross purchase price of $0.7 million under its share repurchase program during the first 2022. March 31, 2022, 6 March 9, 2022.

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 15 Commitments and Contingencies The Bank issues standby letters of credit which guarantee the performance of customers to third March 31, 2022 twenty-three may not From time to time, the Company is party to legal proceedings arising out of its lending and deposit operations. The Company is, and expects to become, engaged in foreclosure proceedings, collection actions, and other litigation as part of its normal banking activities. The Company examines each legal matter, and, in those situations where it determines that a particular legal matter presents loss contingencies that are both probable and reasonably estimable, establishes an appropriate accrual. In many situations, the Company is not not

Note 16 - Business Segments

Note 16 - Business Segments	3 Months Ended
	Mar. 31, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 16 Business Segments The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. not The Company evaluates performance and allocates resources based on the segment’s net income, return on average assets and return on average equity. Each corporation is managed separately with its own officers and board of directors. The following table sets forth certain information about the reconciliations of reported profit and assets for each of the Company’s reportable segments. (Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the quarter ended March 31, 2022: Interest income - external customers $ 7,565 0 0 7,565 Non-interest income - external customers 2,375 0 0 2,375 Intersegment interest income 0 9 (9 ) 0 Intersegment non-interest income 59 1,638 (1,697 ) 0 Interest expense 292 0 (9 ) 283 Provision for loan losses 296 0 0 296 Non-interest expense 7,106 205 (59 ) 7,252 Income tax expense (benefit) 667 (45 ) 0 622 Net income 1,638 1,487 (1,638 ) 1,487 Total assets 1,028,627 100,755 (99,984 ) 1,029,398 At or for the quarter ended March 31, 2021: Interest income - external customers $ 7,889 0 0 7,889 Non-interest income - external customers 3,254 1 0 3,255 Intersegment interest income 0 8 (8 ) 0 Intersegment non-interest income 58 3,594 (3,652 ) 0 Interest expense 461 0 (8 ) 453 Provision for loan losses (576 ) 0 0 (576 ) Non-interest expense 6,309 228 (58 ) 6,479 Income tax expense (benefit) 1,413 (43 ) 0 1,370 Net income 3,594 3,418 (3,594 ) 3,418 Total assets 970,641 105,195 (104,531 ) 971,305

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Carrying Value at March 31, 2022 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 284,648 0 284,648 0 Equity securities 217 0 217 0 Mortgage loan commitments (131 ) 0 (131 ) 0 Total $ 284,734 0 284,734 0 Carrying Value at December 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 285,765 0 285,765 0 Equity securities 248 0 248 0 Mortgage loan commitments 26 0 26 0 Total $ 286,039 0 286,039 0
Fair Value Measurements, Nonrecurring [Table Text Block]	Carrying Value at March 31, 2022 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three Months March 31, 2022 Total Losses Loans held for sale $ 1,882 0 1,882 0 (31 ) Mortgage servicing rights 3,270 0 3,270 0 0 Impaired loans 4,117 0 4,117 0 (42 ) Real estate, net 290 0 290 0 0 Total $ 9,559 0 9,559 0 (73 ) Carrying Value at December 31, 2021 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year Ended December 31, 2021 Loans held for sale $ 5,575 0 5,575 0 (56 ) Mortgage servicing rights 3,280 0 3,280 0 0 Impaired loans 4,244 0 4,244 0 (218 ) Real estate, net 290 0 290 0 0 Total $ 13,389 0 13,389 0 (274 )

Note 5 - Fair Value of Financ_2

Note 5 - Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2022 December 31, 2021 Fair Value Hierarchy Fair Value Hierarchy (Dollars in thousands) Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Financial assets: Cash and cash equivalents $ 29,176 29,176 29,176 94,143 94,143 94,143 Securities available for sale 284,648 284,648 284,648 285,765 285,765 285,765 Equity securities 217 217 217 248 248 248 Loans held for sale 1,882 1,882 1,882 5,575 5,575 5,575 Loans receivable, net 679,124 672,369 672,369 652,502 661,298 661,298 Federal Home Loan Bank stock 1,283 1,283 1,283 1,092 1,092 1,092 Accrued interest receivable 2,269 2,269 2,269 2,132 2,132 2,132 Financial liabilities: Deposits 920,398 919,450 919,450 950,666 950,558 950,558 Accrued interest payable 58 58 58 63 63 63 Off-balance sheet financial instruments: Commitments to extend credit (131 ) (131 ) 195,861 26 26 195,141 Commitments to sell loans 43 43 13,345 12 12 12,340

Note 6 - Other Comprehensive _2

Note 6 - Other Comprehensive (Loss) Income (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	For the period ended March 31, (Dollars in thousands) 2022 2021 Before Tax Tax Effect Net of Tax Before Tax Tax Effect Net of Tax Securities available for sale: Gross unrealized losses arising during the period $ (13,746 ) (3,728 ) (10,018 ) (1,721 ) (480 ) (1,241 ) Other comprehensive loss $ (13,746 ) (3,728 ) (10,018 ) (1,721 ) (480 ) (1,241 )

Note 7 - Securities Available_2

Note 7 - Securities Available for Sale (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Unrealized Loss on Investments [Table Text Block]	Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Fair Value Unrealized Losses March 31, 2022 Mortgage backed securities: Federal National Mortgage Association (FNMA) 24 $ 94,362 (5,167 ) 10 $ 34,367 (2,504 ) $ 128,729 (7,671 ) Federal Home Loan Mortgage Corporation (FHLMC) 15 77,184 (4,769 ) 8 27,878 (2,114 ) 105,062 (6,883 ) Other marketable securities: U.S. Government agency obligations 6 29,129 (869 ) 2 9,594 (404 ) 38,723 (1,273 ) Corporate preferred stock 0 0 0 1 560 (140 ) 560 (140 ) Total temporarily impaired securities 45 $ 200,675 (10,805 ) 21 $ 72,399 (5,162 ) $ 273,074 (15,967 ) Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Fair Value Unrealized # of Investments Fair Value Unrealized Fair Value Unrealized December 31, 2021 Mortgage backed securities: FNMA 19 $ 98,423 (1,234 ) 2 $ 6,810 (133 ) $ 105,233 (1,367 ) FHLMC 17 85,624 (1,038 ) 2 7,664 (151 ) 93,288 (1,189 ) Other marketable securities: U.S. Government agency obligations 7 34,659 (337 ) 0 0 0 34,659 (337 ) Corporate preferred stock 0 0 0 1 658 (42 ) 658 (42 ) Total temporarily impaired securities 43 $ 218,706 (2,609 ) 5 $ 15,132 (326 ) $ 233,838 (2,935 )
Debt Securities, Available-for-Sale [Table Text Block]	(Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2022 Mortgage-backed securities: FNMA $ 136,400 0 (7,671 ) 128,729 FHLMC 113,459 0 (6,883 ) 106,576 Collateralized mortgage obligations: FNMA 44 0 0 44 249,903 0 (14,554 ) 235,349 Other marketable securities: U.S. Government agency obligations 49,993 19 (1,273 ) 48,739 Corporate preferred stock 700 0 (140 ) 560 50,693 19 (1,413 ) 49,299 $ 300,596 19 (15,967 ) 284,648 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2021 Mortgage-backed securities: FNMA $ 138,628 550 (1,367 ) 137,811 FHLMC 108,599 126 (1,189 ) 107,536 Collateralized mortgage obligations: FNMA 48 2 0 50 247,275 678 (2,556 ) 245,397 Other marketable securities: U.S. Government agency obligations 39,991 56 (337 ) 39,710 Corporate preferred stock 700 0 (42 ) 658 40,691 56 (379 ) 40,368 $ 287,966 734 (2,935 ) 285,765
Available-for-Sale Securities [Member]
Notes Tables
Contractual Obligation, Fiscal Year Maturity [Table Text Block]	(Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 65,173 61,542 Due after one year through five years 184,049 174,822 Due after five years through fifteen years 51,371 48,281 Due after fifteen years 3 3 Total $ 300,596 284,648

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Summary of Loans Receivable [Table Text Block]	(Dollars in thousands) March 31, 2022 December 31, Single family $ 168,481 163,322 Commercial real estate: Real estate rental and leasing 213,559 209,666 Other 193,895 187,202 407,454 396,868 Consumer 41,031 41,645 Commercial business 71,960 60,165 Total loans 688,926 662,000 Less: Unamortized discounts 12 10 Net deferred loan fees 206 209 Allowance for loan losses 9,584 9,279 Total loans receivable, net $ 679,124 652,502

Note 9 - Allowance for Loan L_2

Note 9 - Allowance for Loan Losses and Credit Quality Information (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(Dollars in thousands) Single Commercial Real Estate Consumer Commercial Total Balance, December 31, 2021 $ 974 6,388 981 936 9,279 Provision for losses 28 107 10 151 296 Charge-offs 0 0 (1 ) 0 (1 ) Recoveries 0 0 1 9 10 Balance, March 31, 2022 $ 1,002 6,495 991 1,096 9,584 Balance, December 31, 2020 $ 1,030 7,295 1,389 985 10,699 Provision for losses (191 ) (222 ) (171 ) 8 (576 ) Charge-offs 0 0 (31 ) 0 (31 ) Recoveries 0 0 2 38 40 Balance, March 31, 2021 $ 839 7,073 1,189 1,031 10,132 Allocated to: Specific reserves $ 36 280 83 7 406 General reserves 938 6,108 898 929 8,873 Balance, December 31, 2021 $ 974 6,388 981 936 9,279 Allocated to: Specific reserves $ 34 280 121 7 442 General reserves 968 6,215 870 1,089 9,142 Balance, March 31, 2022 $ 1,002 6,495 991 1,096 9,584 Loans receivable at December 31, 2021: Individually reviewed for impairment $ 340 3,757 546 7 4,650 Collectively reviewed for impairment 162,982 393,111 41,099 60,158 657,350 Ending balance $ 163,322 396,868 41,645 60,165 662,000 Loans receivable at March 31, 2022: Individually reviewed for impairment $ 478 3,551 523 7 4,559 Collectively reviewed for impairment 168,003 403,903 40,508 71,953 684,367 Ending balance $ 168,481 407,454 41,031 71,960 688,926
Financing Receivable Credit Quality Indicators [Table Text Block]	March 31, 2022 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans Single family $ 134 935 54 0 1,123 167,358 168,481 Commercial real estate: Real estate rental and leasing 15,470 4,731 0 0 20,201 193,358 213,559 Other 6,296 9,318 0 0 15,614 178,281 193,895 Consumer 0 413 20 90 523 40,508 41,031 Commercial business 1,893 1,739 0 0 3,632 68,328 71,960 $ 23,793 17,136 74 90 41,093 647,833 688,926 December 31, 2021 Classified Unclassified (Dollars in thousands) Special Mention Substandard Doubtful Loss Total Total Total Loans Single family $ 410 791 56 0 1,257 162,065 163,322 Commercial real estate: Real estate rental and leasing 16,012 4,753 0 0 20,765 188,901 209,666 Other 6,824 9,571 0 0 16,395 170,807 187,202 Consumer 0 475 21 50 546 41,099 41,645 Commercial business 1,933 1,813 0 0 3,746 56,419 60,165 $ 25,179 17,403 77 50 42,709 619,291 662,000
Financing Receivable, Past Due [Table Text Block]	(Dollars in thousands) 30-59 60-89 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 March 31, 2022 Single family $ 679 0 265 944 167,537 168,481 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 213,559 213,559 0 Other 0 0 0 0 193,895 193,895 0 Consumer 393 34 122 549 40,482 41,031 0 Commercial business 0 0 0 0 71,960 71,960 0 $ 1,072 34 387 1,493 687,433 688,926 0 December 31, 2021 Single family $ 864 65 153 1,082 162,240 163,322 0 Commercial real estate: Real estate rental and leasing 198 0 0 198 209,468 209,666 0 Other 226 3,402 0 3,628 183,574 187,202 0 Consumer 174 89 122 385 41,260 41,645 0 Commercial business 0 0 0 0 60,165 60,165 0 $ 1,462 3,556 275 5,293 656,707 662,000 0
Impaired Financing Receivables [Table Text Block]	March 31, 2022 December 31, 2021 (Dollars in thousands) Recorded Unpaid Related Recorded Unpaid Related Loans with no related allowance recorded: Single family $ 394 413 0 253 272 0 Commercial real estate: Other 185 185 0 189 189 0 Consumer 359 359 0 419 419 0 Loans with an allowance recorded: Single family 84 84 34 87 87 36 Commercial real estate: Other 3,366 3,366 280 3,568 3,568 280 Consumer 164 164 121 127 127 83 Commercial business 7 7 7 7 7 7 Total: Single family 478 497 34 340 359 36 Commercial real estate: Other 3,551 3,551 280 3,757 3,757 280 Consumer 523 523 121 546 546 83 Commercial business 7 7 7 7 7 7 $ 4,559 4,578 442 4,650 4,669 406 March 31, 2022 March 31, 2021 (Dollars in thousands) Average Recorded Investment Interest Income Average Recorded Investment Interest Income Loans with no related allowance recorded: Single family $ 324 2 739 6 Commercial real estate: Real estate rental and leasing 0 0 1,002 0 Other 187 0 205 0 Consumer 389 2 543 1 Loans with an allowance recorded: Single family 86 0 116 0 Commercial real estate: Real estate rental and leasing 0 0 83 0 Other 3,467 0 157 0 Consumer 146 1 162 0 Commercial business 7 0 36 0 Total: Single family 410 2 855 6 Commercial real estate: Real estate rental and leasing 0 0 1,085 0 Other 3,654 0 362 0 Consumer 535 3 705 1 Commercial business 7 0 36 0 $ 4,606 5 3,043 7
Financing Receivable, Nonaccrual [Table Text Block]	(Dollars in thousands) March 31, December 31, Single family $ 478 $ 340 Commercial real estate: Other 3,551 3,757 Consumer 500 517 Commercial business 7 7 $ 4,536 $ 4,621
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	March 31, 2022 December, 31, 2021 (Dollars in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Single family $ 0 250 250 0 254 254 Commercial real estate 0 349 349 0 355 355 Consumer 23 375 398 29 413 442 $ 23 974 997 29 1,022 1,051
Financial Effects of Troubled Debt Restructurings and Difference Between Outstanding Recorded Balance Pre Modification and Post Modification [Table Text Block]	Three Months Ended March 31, 2022 Three Months Ended March 31, 2021 (Dollars in thousands) Number of Pre-Modification Post-Modification Number of Pre-Modification Post-Modification Troubled debt restructurings: Commercial real estate: Other 1 $ 165 165 1 $ 139 139 Commercial business 0 0 0 1 14 14 Total 1 $ 165 165 2 $ 153 153

Note 10 - Intangible Assets (Ta

Note 10 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Servicing Liability at Amortized Cost [Table Text Block]	(Dollars in thousands) Three Months Ended March 31, 2022 Twelve Months Ended December 31, 2021 Three Months Ended March 31, 2021 Balance, beginning of period $ 3,280 3,043 3,043 Originations 215 1,405 368 Amortization (225 ) (1,168 ) (297 ) Balance, end of period $ 3,270 3,280 3,114 Fair value of mortgage servicing rights $ 5,469 4,813 4,073
Summary of Risk Characteristics of Loans Being Serviced [Table Text Block]	Weighted Weighted Loan Average Average Principal Interest Remaining Number (Dollars in thousands) Balance Rate Term (months) of Loans Original term 15 year fixed rate $ 117,268 2.85 % 141 1,066 Original term 30 year fixed rate 428,532 3.43 312 2,671
Schedule of Finite-Lived Intangible Assets [Table Text Block]	March 31, 2022 Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets Mortgage servicing rights $ 5,931 (2,661 ) 3,270 Core deposit intangible 154 (150 ) 4 Goodwill 802 0 802 Total $ 6,887 (2,811 ) 4,076 December 31, 2021 Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets Mortgage servicing rights $ 5,854 (2,574 ) 3,280 Core deposit intangible 574 (564 ) 10 Goodwill 802 0 802 Total $ 7,230 (3,138 ) 4,092
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(Dollars in thousands) Mortgage Core Total Year ending December 31, 2022 $ 535 4 539 2023 672 0 672 2024 637 0 637 2025 569 0 569 2026 469 0 469 Thereafter 388 0 388 Total $ 3,270 4 3,274

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Lease, Cost [Table Text Block]	(Dollars in thousands) Three Months Ended Three Months Ended Operating lease cost $ 57 225
Other Information Related to Operating Leases [Table Text Block]	(Dollars in thousands) Three Months Three Months Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 57 225 Weighted-average remaining lease term – operating leases, in years 2.2 3.5 Weighted-average discount rate – operating leases 1.83 % 2.19 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	(Dollars in thousands) March 31, 2022 2022 $ 155 2023 92 2024 77 2025 15 2026 and thereafter 0 Total lease payments 339 Less: Interest (7 ) Present value of lease liabilities $ 332

Note 12 - Earnings Per Common_2

Note 12 - Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended (Dollars in thousands, except per share data) March 31, March 31, Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,391,325 4,560,743 Net dilutive effect of: Restricted stock awards and options 33,878 28,681 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,425,203 4,589,424 Income available to common stockholders $ 1,487 3,418 Basic earnings per common share $ 0.34 0.75 Diluted earnings per common share $ 0.34 0.74

Note 13 - Regulatory Capital _2

Note 13 - Regulatory Capital and Oversight (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Required to be Excess Capital To Be Well Capitalized (Dollars in thousands) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) March 31, 2022 Common equity Tier 1 capital $ 99,354 12.76 % $ 35,040 4.50 % $ 64,314 8.26 % $ 50,614 6.50 % Tier 1 leverage 99,354 9.55 41,633 4.00 57,721 5.55 52,042 5.00 Tier 1 risk-based capital 99,354 12.76 46,720 6.00 52,634 6.76 62,294 8.00 Total risk-based capital 108,938 13.99 62,294 8.00 46,644 5.99 77,867 10.00

Note 16 - Business Segments (Ta

Note 16 - Business Segments (Tables)	3 Months Ended
	Mar. 31, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the quarter ended March 31, 2022: Interest income - external customers $ 7,565 0 0 7,565 Non-interest income - external customers 2,375 0 0 2,375 Intersegment interest income 0 9 (9 ) 0 Intersegment non-interest income 59 1,638 (1,697 ) 0 Interest expense 292 0 (9 ) 283 Provision for loan losses 296 0 0 296 Non-interest expense 7,106 205 (59 ) 7,252 Income tax expense (benefit) 667 (45 ) 0 622 Net income 1,638 1,487 (1,638 ) 1,487 Total assets 1,028,627 100,755 (99,984 ) 1,029,398 At or for the quarter ended March 31, 2021: Interest income - external customers $ 7,889 0 0 7,889 Non-interest income - external customers 3,254 1 0 3,255 Intersegment interest income 0 8 (8 ) 0 Intersegment non-interest income 58 3,594 (3,652 ) 0 Interest expense 461 0 (8 ) 453 Provision for loan losses (576 ) 0 0 (576 ) Non-interest expense 6,309 228 (58 ) 6,479 Income tax expense (benefit) 1,413 (43 ) 0 1,370 Net income 3,594 3,418 (3,594 ) 3,418 Total assets 970,641 105,195 (104,531 ) 971,305

Note 1 - HMN Financial, Inc. (D

Note 1 - HMN Financial, Inc. (Details Textual)	3 Months Ended
	Mar. 31, 2022
Percentage Of Ownership In Subsidiaries	100.00%
Number of Wholly Owned Subsidiaries	2

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Securities available for sale	$ 284,648	$ 285,765
Fair Value, Recurring [Member]
Securities available for sale	284,648	285,765
Equity securities	217	248
Mortgage loan commitments	(131)	26
Total	284,734	286,039
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Equity securities	0	0
Mortgage loan commitments	0	0
Total	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	284,648	285,765
Equity securities	217	248
Mortgage loan commitments	(131)	26
Total	284,734	286,039
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Equity securities	0	0
Mortgage loan commitments	0	0
Total	$ 0	$ 0

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Assets Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Loans held for sale, Total gains (losses)	$ (31)	$ (56)
Mortgage servicing rights, Total gains (losses)	0	0
Impaired loanss, Total gains (losses)	(42)	(218)
Real estate, net, Total gains (losses)	0	0
Total, Total gains (losses)	(73)	(274)
Fair Value, Nonrecurring [Member]
Loans held for sale	1,882	5,575
Mortgage servicing rights	3,270	3,280
Impaired loans	4,117	4,244
Real estate, net	290	290
Total	9,559	13,389
Real estate, net	290	290
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Loans held for sale	0	0
Mortgage servicing rights	0	0
Impaired loans	0	0
Real estate, net	0	0
Total	0	0
Real estate, net	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Loans held for sale	1,882	5,575
Mortgage servicing rights	3,270	3,280
Impaired loans	4,117	4,244
Real estate, net	290	290
Total	9,559	13,389
Real estate, net	290	290
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	0	0
Mortgage servicing rights	0	0
Impaired loans	0	0
Real estate, net	0	0
Total	0	0
Real estate, net	$ 0	$ 0

Note 5 - Fair Value of Financ_3

Note 5 - Fair Value of Financial Instruments - Estimated Fair Value of Company's Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Securities available for sale	$ 284,648	$ 285,765
Loans receivable, net	679,124	652,502
Reported Value Measurement [Member]
Cash and cash equivalents	29,176	94,143
Securities available for sale	284,648	285,765
Equity securities	217	248
Loans held for sale	1,882	5,575
Loans receivable, net	679,124	652,502
Federal Home Loan Bank stock	1,283	1,092
Accrued interest receivable	2,269	2,132
Deposits	920,398	950,666
Accrued interest payable	58	63
Commitments to extend credit	(131)	(26)
Commitments to extend credit	131	26
Commitments to sell loans	43	12
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	29,176	94,143
Securities available for sale	284,648	285,765
Equity securities	217	248
Loans held for sale	1,882	5,575
Loans receivable, net	672,369	661,298
Federal Home Loan Bank stock	1,283	1,092
Accrued interest receivable	2,269	2,132
Deposits	919,450	950,558
Accrued interest payable	58	63
Commitments to extend credit	(131)	(26)
Commitments to extend credit	131	26
Commitments to sell loans	43	12
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	29,176	94,143
Securities available for sale
Equity securities
Loans held for sale
Loans receivable, net
Federal Home Loan Bank stock
Accrued interest receivable
Deposits
Accrued interest payable
Commitments to extend credit
Commitments to extend credit
Commitments to sell loans
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents
Securities available for sale	284,648	285,765
Equity securities	217	248
Loans held for sale	1,882	5,575
Loans receivable, net	672,369	661,298
Federal Home Loan Bank stock	1,283	1,092
Accrued interest receivable	2,269	2,132
Deposits	919,450	950,558
Accrued interest payable	58	63
Commitments to extend credit
Commitments to extend credit
Commitments to sell loans
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents
Securities available for sale
Equity securities
Loans held for sale
Loans receivable, net
Federal Home Loan Bank stock
Accrued interest receivable
Deposits
Accrued interest payable
Commitments to extend credit	(195,861)	(195,141)
Commitments to extend credit	195,861	195,141
Commitments to sell loans	$ 13,345	$ 12,340

Note 6 - Other Comprehensive In

Note 6 - Other Comprehensive Income (Loss) - Components of Other Comprehensive (Loss) Income and Related Tax Effects (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Gross unrealized (losses) gains arising during the period, before tax	$ (13,746)	$ (1,721)
Gross unrealized (losses) gains arising during the period, tax	(3,728)	(480)
Gross unrealized (losses) gains arising during the period, net of tax	(10,018)	(1,241)
Other comprehensive income (loss), before tax	(13,746)	(1,721)
Other comprehensive income (loss), tax	(3,728)	(480)
Other comprehensive income (loss), net of tax	$ (10,018)	$ (1,241)

Note 7 - Securities Available_3

Note 7 - Securities Available for Sale (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Other-than-temporary Impairment Loss, Debt Securities, Available-for-sale, Total	$ 0

Note 7 - Securities Available_4

Note 7 - Securities Available for Sale - Securities in a Continuous Unrealized Loss Position (Details) $ in Thousands	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Less Than Twelve Months # of Investments	45	43
Less Than Twelve Months Fair Value	$ 200,675	$ 218,706
Less Than Twelve Months Unrealized Losses	$ (10,805)	$ (2,609)
Twelve Months or More # of Investments	21	5
Twelve Months or More Fair Value	$ 72,399	$ 15,132
Twelve Months or More Unrealized Losses	(5,162)	(326)
Total fair value	273,074	233,838
Total temporarily impaired securities	$ (15,967)	$ (2,935)
Collateralized Mortgage-Backed Securities [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Less Than Twelve Months # of Investments	24	19
Less Than Twelve Months Fair Value	$ 94,362	$ 98,423
Less Than Twelve Months Unrealized Losses	$ (5,167)	$ (1,234)
Twelve Months or More # of Investments	10	2
Twelve Months or More Fair Value	$ 34,367	$ 6,810
Twelve Months or More Unrealized Losses	(2,504)	(133)
Total fair value	128,729	105,233
Total temporarily impaired securities	$ (7,671)	$ (1,367)
Collateralized Mortgage-Backed Securities [Member] | Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Less Than Twelve Months # of Investments	15	17
Less Than Twelve Months Fair Value	$ 77,184	$ 85,624
Less Than Twelve Months Unrealized Losses	$ (4,769)	$ (1,038)
Twelve Months or More # of Investments	8	2
Twelve Months or More Fair Value	$ 27,878	$ 7,664
Twelve Months or More Unrealized Losses	(2,114)	(151)
Total fair value	105,062	93,288
Total temporarily impaired securities	$ (6,883)	$ (1,189)
Other Marketable Securities [Member] | US Government Agencies Debt Securities [Member]
Less Than Twelve Months # of Investments	6	7
Less Than Twelve Months Fair Value	$ 29,129	$ 34,659
Less Than Twelve Months Unrealized Losses	$ (869)	$ (337)
Twelve Months or More # of Investments	2	0
Twelve Months or More Fair Value	$ 9,594	$ 0
Twelve Months or More Unrealized Losses	(404)	0
Total fair value	38,723	34,659
Total temporarily impaired securities	$ (1,273)	$ (337)
Other Marketable Securities [Member] | Preferred Stock [Member]
Less Than Twelve Months # of Investments	0	0
Less Than Twelve Months Fair Value	$ 0	$ 0
Less Than Twelve Months Unrealized Losses	$ 0	$ 0
Twelve Months or More # of Investments	1	1
Twelve Months or More Fair Value	$ 560	$ 658
Twelve Months or More Unrealized Losses	(140)	(42)
Total fair value	560	658
Total temporarily impaired securities	$ (140)	$ (42)

Note 7 - Securities Available_5

Note 7 - Securities Available for Sale - Summary of Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Securities available for sale, amortized cost	$ 300,596	$ 287,966
Investment securities available for sale, gross unrealized gains	19	734
Investment securities available for sale, gross unrealized losses	(15,967)	(2,935)
Securities available for sale	284,648	285,765
Collateralized Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	249,903	247,275
Investment securities available for sale, gross unrealized gains	0	678
Investment securities available for sale, gross unrealized losses	(14,554)	(2,556)
Securities available for sale	235,349	245,397
Other Marketable Securities [Member]
Securities available for sale, amortized cost	50,693	40,691
Investment securities available for sale, gross unrealized gains	19	56
Investment securities available for sale, gross unrealized losses	(1,413)	(379)
Securities available for sale	49,299	40,368
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Collateralized Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	136,400	138,628
Investment securities available for sale, gross unrealized gains	0	550
Investment securities available for sale, gross unrealized losses	(7,671)	(1,367)
Securities available for sale	128,729	137,811
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available for sale, amortized cost	44	48
Investment securities available for sale, gross unrealized gains	0	2
Investment securities available for sale, gross unrealized losses	0	0
Securities available for sale	44	50
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member] | Mortgage-Backed Securities, Issued by US Government Sponsored Enterprises [Member]
Securities available for sale, amortized cost	113,459	108,599
Investment securities available for sale, gross unrealized gains	0	126
Investment securities available for sale, gross unrealized losses	(6,883)	(1,189)
Securities available for sale	106,576	107,536
US Government Agencies Debt Securities [Member] | Other Marketable Securities [Member]
Securities available for sale, amortized cost	49,993	39,991
Investment securities available for sale, gross unrealized gains	19	56
Investment securities available for sale, gross unrealized losses	(1,273)	(337)
Securities available for sale	48,739	39,710
Preferred Stock [Member] | Other Marketable Securities [Member]
Securities available for sale, amortized cost	700	700
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(140)	(42)
Securities available for sale	$ 560	$ 658

Note 7 - Securities Available_6

Note 7 - Securities Available for Sale - Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Due one year or less, amortized cost	$ 65,173
Due one year or less, fair value	61,542
Due after one year through five years, amortized cost	184,049
Due after one year through five years, fair value	174,822
Due after five years through fifteen years, amortized cost	51,371
Due after five years through fifteen years, fair value	48,281
Due after fifteen years, amortized cost	3
Due after fifteen years	3
Total, amortized cost	300,596	$ 287,966
Total, fair value	$ 284,648	$ 285,765

Note 8 - Loans Receivable, Ne_2

Note 8 - Loans Receivable, Net - Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans receivable	$ 688,926	$ 662,000
Unamortized discounts	12	10
Net deferred loan fees	206	209
Allowance for loan losses	9,584	9,279	$ 10,132	$ 10,699
Total loans receivable, net	679,124	652,502
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	407,454	396,868
Allowance for loan losses	6,495	6,388	7,073	7,295
Commercial Real Estate Portfolio Segment [Member] | Single Family Builder Construction [Member]
Loans receivable	168,481	163,322
Commercial Real Estate Portfolio Segment [Member] | Other Nonconstruction [Member]
Loans receivable	193,895	187,202
Consumer Portfolio Segment [Member]
Loans receivable	41,031	41,645
Allowance for loan losses	991	981	1,189	1,389
Consumer Portfolio Segment [Member] | Home Equity Line [Member]
Loans receivable	213,559	209,666
Commercial Portfolio Segment [Member]
Loans receivable	71,960	60,165
Allowance for loan losses	$ 1,096	$ 936	$ 1,031	$ 985

Note 9 - Allowance for Loan L_3

Note 9 - Allowance for Loan Losses and Credit Quality Information (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Loans and Leases Receivable, Nonperforming, Nonaccrual of Interest	$ 4,536		$ 4,621
Impaired Financing Receivable, Related Allowance	442		406
Loan Receivable for Which Value of Collateral Sufficient to Repay	900		900
Financing Receivable, Troubled Debt Restructuring	$ 997		1,051
Financing Receivable, Modifications, Number of Contracts	1	2
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	$ 0	$ 0
Financing Receivable, Troubled Debt Restructuring, Reserves	$ 200		$ 200
Percentage Reserves For Loan Losses On Troubled Debt Restructurings	2.40%		2.60%
Loans and Leases Receivable, Allowance	$ 9,584	10,132	$ 9,279	$ 10,699
Financing Receivable, Deferred Loans with Granted Loan Modifications	0	$ 34,500
Nonperforming Financial Instruments [Member]
Impaired Financing Receivable, Related Allowance	400		400
Financing Receivable, Troubled Debt Restructuring	974		1,022
Nonperforming Financial Instruments [Member] | Classified [Member]
Financing Receivable, Troubled Debt Restructuring	200
Performing Financial Instruments [Member]
Financing Receivable, Troubled Debt Restructuring	$ 23		$ 29
Performing Financial Instruments [Member] | Classified [Member]
Financing Receivable, Modifications, Number of Contracts	0

Note 9 - Allowance for Loan L_4

Note 9 - Allowance for Loan Losses and Credit Quality Information - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Balance	$ 9,279	$ 10,699
Provision for losses	296	(576)
Charge-offs	(1)	(31)
Recoveries	10	40
Balance	9,584	10,132
Specific reserves	442		$ 406
General reserves	9,142		8,873
Balance	9,584	10,132	9,279
Individually reviewed for impairment	4,559		4,650
Collectively reviewed for impairment	684,367		657,350
Ending balance	688,926		662,000
Residential Portfolio Segment [Member]
Balance	974	1,030
Provision for losses	28	(191)
Charge-offs	0	0
Recoveries	0	0
Balance	1,002	839
Specific reserves	34		36
General reserves	968		938
Balance	1,002	839	974
Individually reviewed for impairment	478		340
Collectively reviewed for impairment	168,003		162,982
Ending balance	168,481		163,322
Commercial Real Estate Portfolio Segment [Member]
Balance	6,388	7,295
Provision for losses	107	(222)
Charge-offs	0	0
Recoveries	0	0
Balance	6,495	7,073
Specific reserves	280		280
General reserves	6,215		6,108
Balance	6,495	7,073	6,388
Individually reviewed for impairment	3,551		3,757
Collectively reviewed for impairment	403,903		393,111
Ending balance	407,454		396,868
Consumer Portfolio Segment [Member]
Balance	981	1,389
Provision for losses	10	(171)
Charge-offs	(1)	(31)
Recoveries	1	2
Balance	991	1,189
Specific reserves	121		83
General reserves	870		898
Balance	991	1,189	981
Individually reviewed for impairment	523		546
Collectively reviewed for impairment	40,508		41,099
Ending balance	41,031		41,645
Commercial Portfolio Segment [Member]
Balance	936	985
Provision for losses	151	8
Charge-offs	0	0
Recoveries	9	38
Balance	1,096	1,031
Specific reserves	7		7
General reserves	1,089		929
Balance	1,096	$ 1,031	936
Individually reviewed for impairment	7		7
Collectively reviewed for impairment	71,953		60,158
Ending balance	$ 71,960		$ 60,165

Note 9 - Allowance for Loan L_5

Note 9 - Allowance for Loan Losses and Credit Quality Information - Classified and Unclassified Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Loans receivable	$ 688,926	$ 662,000
Classified [Member]
Loans receivable	41,093	42,709
Classified [Member] | Special Mention [Member]
Loans receivable	23,793	25,179
Classified [Member] | Substandard [Member]
Loans receivable	17,136	17,403
Classified [Member] | Doubtful [Member]
Loans receivable	74	77
Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans receivable	90	50
Unclassified [Member]
Loans receivable	647,833	619,291
Residential Portfolio Segment [Member]
Loans receivable	168,481	163,322
Residential Portfolio Segment [Member] | Classified [Member]
Loans receivable	1,123	1,257
Residential Portfolio Segment [Member] | Classified [Member] | Special Mention [Member]
Loans receivable	134	410
Residential Portfolio Segment [Member] | Classified [Member] | Substandard [Member]
Loans receivable	935	791
Residential Portfolio Segment [Member] | Classified [Member] | Doubtful [Member]
Loans receivable	54	56
Residential Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans receivable	0	0
Residential Portfolio Segment [Member] | Unclassified [Member]
Loans receivable	167,358	162,065
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	407,454	396,868
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	213,559	209,666
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	193,895	187,202
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Real Estate Loan [Member]
Loans receivable	20,201	20,765
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Commercial Real Estate Other [Member]
Loans receivable	15,614	16,395
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Special Mention [Member] | Real Estate Loan [Member]
Loans receivable	15,470	16,012
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Special Mention [Member] | Commercial Real Estate Other [Member]
Loans receivable	6,296	6,824
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Substandard [Member] | Real Estate Loan [Member]
Loans receivable	4,731	4,753
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Substandard [Member] | Commercial Real Estate Other [Member]
Loans receivable	9,318	9,571
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Doubtful [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Doubtful [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Unclassified [Member] | Real Estate Loan [Member]
Loans receivable	193,358	188,901
Commercial Real Estate Portfolio Segment [Member] | Unclassified [Member] | Commercial Real Estate Other [Member]
Loans receivable	178,281	170,807
Consumer Portfolio Segment [Member]
Loans receivable	41,031	41,645
Consumer Portfolio Segment [Member] | Classified [Member]
Loans receivable	523	546
Consumer Portfolio Segment [Member] | Classified [Member] | Special Mention [Member]
Loans receivable	0	0
Consumer Portfolio Segment [Member] | Classified [Member] | Substandard [Member]
Loans receivable	413	475
Consumer Portfolio Segment [Member] | Classified [Member] | Doubtful [Member]
Loans receivable	20	21
Consumer Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans receivable	90	50
Consumer Portfolio Segment [Member] | Unclassified [Member]
Loans receivable	40,508	41,099
Commercial Portfolio Segment [Member]
Loans receivable	71,960	60,165
Commercial Portfolio Segment [Member] | Classified [Member]
Loans receivable	3,632	3,746
Commercial Portfolio Segment [Member] | Classified [Member] | Special Mention [Member]
Loans receivable	1,893	1,933
Commercial Portfolio Segment [Member] | Classified [Member] | Substandard [Member]
Loans receivable	1,739	1,813
Commercial Portfolio Segment [Member] | Classified [Member] | Doubtful [Member]
Loans receivable	0	0
Commercial Portfolio Segment [Member] | Classified [Member] | Unlikely to be Collected Financing Receivable [Member]
Loans receivable	0	0
Commercial Portfolio Segment [Member] | Unclassified [Member]
Loans receivable	$ 68,328	$ 56,419

Note 9 - Allowance for Loan L_6

Note 9 - Allowance for Loan Losses and Credit Quality Information - Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Loans receivable	$ 688,926	$ 662,000
Loans 90 days or more past due and still accruing	0	0
Residential Portfolio Segment [Member]
Loans receivable	168,481	163,322
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	407,454	396,868
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	213,559	209,666
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	193,895	187,202
Loans 90 days or more past due and still accruing	0	0
Consumer Portfolio Segment [Member]
Loans receivable	41,031	41,645
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member]
Loans receivable	71,960	60,165
Loans 90 days or more past due and still accruing	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	1,072	1,462
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	679	864
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	198
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	226
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	393	174
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	34	3,556
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	0	65
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	3,402
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	34	89
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable	387	275
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	265	153
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	122	122
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	0	0
Financial Asset, Past Due [Member]
Loans receivable	1,493	5,293
Financial Asset, Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	944	1,082
Financial Asset, Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	198
Financial Asset, Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	3,628
Financial Asset, Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	549	385
Financial Asset, Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	0	0
Financial Asset, Not Past Due [Member]
Loans receivable	687,433	656,707
Financial Asset, Not Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	167,537	162,240
Financial Asset, Not Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	213,559	209,468
Financial Asset, Not Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	193,895	183,574
Financial Asset, Not Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	40,482	41,260
Financial Asset, Not Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	$ 71,960	$ 60,165

Note 9 - Allowance for Loan L_7

Note 9 - Allowance for Loan Losses and Credit Quality Information - Impaired Loans and Related Allowances (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Related allowance	$ 442		$ 406
Recorded investment	4,559		4,650
Unpaid principal balance	4,578		4,669
Average recorded investment	4,606	$ 3,043
Interest income recognized	5	7
Residential Portfolio Segment [Member]
Recorded investment, with no related allowance	394		253
Unpaid principal balance, with no related allowance	413		272
Recorded investment, with related allowance	84		87
Unpaid principal balance, with related allowance	84		87
Related allowance	34		36
Recorded investment	478		340
Unpaid principal balance	497		359
Average recorded investment, with no related allowance	324	739
Interest income recognized, with no related allowance	2	6
Average recorded investment, with related allowance	86	116
Interest income recognized, with related allowance	0	0
Average recorded investment	410	855
Interest income recognized	2	6
Commercial Real Estate Portfolio Segment [Member]
Related allowance	280		280
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Recorded investment, with no related allowance	185		189
Unpaid principal balance, with no related allowance	185		189
Recorded investment, with related allowance	3,366		3,568
Unpaid principal balance, with related allowance	3,366		3,568
Related allowance	280		280
Recorded investment	3,551		3,757
Unpaid principal balance	3,551		3,757
Average recorded investment, with no related allowance	187	205
Interest income recognized, with no related allowance	0	0
Average recorded investment, with related allowance	3,467	157
Interest income recognized, with related allowance	0	0
Average recorded investment	3,654	362
Interest income recognized	0	0
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Average recorded investment, with no related allowance	0	1,002
Interest income recognized, with no related allowance	0	0
Average recorded investment, with related allowance	0	83
Interest income recognized, with related allowance	0	0
Average recorded investment	0	1,085
Interest income recognized	0	0
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance	359		419
Unpaid principal balance, with no related allowance	359		419
Recorded investment, with related allowance	164		127
Unpaid principal balance, with related allowance	164		127
Related allowance	121		83
Recorded investment	523		546
Unpaid principal balance	523		546
Average recorded investment, with no related allowance	389	543
Interest income recognized, with no related allowance	2	1
Average recorded investment, with related allowance	146	162
Interest income recognized, with related allowance	1	0
Average recorded investment	535	705
Interest income recognized	3	1
Commercial Portfolio Segment [Member]
Recorded investment, with related allowance	7		7
Unpaid principal balance, with related allowance	7		7
Related allowance	7		7
Recorded investment	7		7
Unpaid principal balance	7		$ 7
Average recorded investment, with related allowance	7	36
Interest income recognized, with related allowance	0	0
Average recorded investment	7	36
Interest income recognized	$ 0	$ 0

Note 9 - Allowance for Loan L_8

Note 9 - Allowance for Loan Losses and Credit Quality Information - Non-accrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Non-accrual loans	$ 4,536	$ 4,621
Residential Portfolio Segment [Member]
Non-accrual loans	478	340
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Non-accrual loans	3,551	3,757
Consumer Portfolio Segment [Member]
Non-accrual loans	500	517
Commercial Portfolio Segment [Member]
Non-accrual loans	$ 7	$ 7

Note 9 - Allowance for Loan L_9

Note 9 - Allowance for Loan Losses and Credit Quality Information - Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Troubled debt restructurings	$ 997	$ 1,051
Performing Financial Instruments [Member]
Troubled debt restructurings	23	29
Nonperforming Financial Instruments [Member]
Troubled debt restructurings	974	1,022
Residential Portfolio Segment [Member]
Troubled debt restructurings	250	254
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	0	0
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	250	254
Commercial Real Estate Portfolio Segment [Member]
Troubled debt restructurings	349	355
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	0	0
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	349	355
Consumer Portfolio Segment [Member]
Troubled debt restructurings	398	442
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	23	29
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	$ 375	$ 413

Note 9 - Allowance for Loan _10

Note 9 - Allowance for Loan Losses and Credit Quality Information - Financial Effects of Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)
Number of Contracts	1	2
Pre- modification Outstanding Recorded Investment	$ 165	$ 153
Post- modification Outstanding Recorded Investment	$ 165	$ 153
Commercial Portfolio Segment [Member]
Number of Contracts	0	1
Pre- modification Outstanding Recorded Investment	$ 0	$ 14
Post- modification Outstanding Recorded Investment	$ 0	$ 14
Commercial Real Estate Other [Member] | Commercial Real Estate Portfolio Segment [Member]
Number of Contracts	1	1
Pre- modification Outstanding Recorded Investment	$ 165	$ 139
Post- modification Outstanding Recorded Investment	$ 165	$ 139

Note 10 - Intangible Assets (De

Note 10 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Mortgage Servicing Rights and Core Deposits [Member]
Amortization of Intangible Assets	$ 0.2	$ 0.3

Note 10 - Intangible Assets - M

Note 10 - Intangible Assets - Mortgage Servicing Activity (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Balance, beginning of period	$ 3,280	$ 3,043	$ 3,043
Originations	215	368	1,405
Amortization	(225)	(297)	(1,168)
Balance, end of period	3,270	3,114	3,280
Fair value of mortgage servicing rights	$ 5,469	$ 4,073	$ 4,813

Note 10 - Intangible Assets - R

Note 10 - Intangible Assets - Risk Characteristics of Loans Being Serviced (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)
Original Term Thirty Year Fixed Rate [Member]
Loan Principal Balance	$ 117,268
Weighted Average Interest Rate	2.85%
Weighted Average Remaining Term (Month)	141 months
Number of Loans	1,066
Original Term Fifteen Year Fixed Rate [Member]
Loan Principal Balance	$ 428,532
Weighted Average Interest Rate	3.43%
Weighted Average Remaining Term (Month)	312 months
Number of Loans	2,671

Note 10 - Intangible Assets - G

Note 10 - Intangible Assets - Gross Carrying Amount and Accumulated Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Finite-lived intangible assets, accumulated amortization	$ (2,811)	$ (3,138)
Finite-lived intangible assets, unamortized intangible assets	3,274
Goodwill, gross carrying amount	802	802
Goodwill, accumulated impairment	0	0
Goodwill	802	802
Intangible assets (including goodwill), gross carrying amount	6,887	7,230
Intangible assets, unamortized intangible assets	4,076	4,092
Mortgage Servicing Rights [Member]
Finite-lived intangible assets, gross carrying amount	5,931	5,854
Finite-lived intangible assets, accumulated amortization	(2,661)	(2,574)
Finite-lived intangible assets, unamortized intangible assets	3,270	3,280
Core Deposits [Member]
Finite-lived intangible assets, gross carrying amount	154	574
Finite-lived intangible assets, accumulated amortization	(150)	(564)
Finite-lived intangible assets, unamortized intangible assets	$ 4	$ 10

Note 10 - Intangible Assets - E

Note 10 - Intangible Assets - Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
2022	$ 539
2023	672
2024	637
2025	569
2026	469
Thereafter	388
Total	3,274
Mortgage Servicing Rights [Member]
2022	535
2023	672
2024	637
2025	569
2026	469
Thereafter	388
Total	3,270	$ 3,280
Core Deposits [Member]
2022	4
2023	0
2024	0
2025	0
2026	0
Thereafter	0
Total	$ 4	$ 10

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual) $ in Thousands	Mar. 31, 2022USD ($)
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	5 years
Lessee, Operating Lease, Renewal Term (Year)	3 years
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Year)	37 months
Lessee, Operating Lease, Renewal Term (Year)	10 years
Other Liabilities [Member]
Operating Lease, Right-of-Use Asset	$ 300
Operating Lease, Liability, Total	$ 332

Note 11 - Leases - Operating Le

Note 11 - Leases - Operating Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Operating lease cost	$ 57	$ 225

Note 11 - Leases - Summary of O

Note 11 - Leases - Summary of Other Information Related to Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 57	$ 225
Weighted-average remaining lease term – operating leases (Year)	2 years 2 months 12 days	3 years 6 months
Weighted-average discount rate – operating leases	1.83%	2.19%

Note 11 - Leases - Maturity of

Note 11 - Leases - Maturity of Remaining Lease Liabilities (Details) $ in Thousands	Mar. 31, 2022USD ($)
2022	$ 155
2023	92
2024	77
2025	15
2026 and thereafter	0
Total lease payments	339
Less: Interest	(7)
Other Liabilities [Member]
Operating Lease, Liability, Total	$ 332

Note 12 - Earnings Per Common_3

Note 12 - Earnings Per Common Share - Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Weighted average number of common shares outstanding used in basic earnings per common share calculation (in shares)	4,391,325	4,560,743
Restricted stock awards and options (in shares)	33,878	28,681
Weighted average number of shares outstanding adjusted for effect of dilutive securities (in shares)	4,425,203	4,589,424
Net income	$ 1,487	$ 3,418
Basic earnings per share (in dollars per share)	$ 0.34	$ 0.75
Diluted earnings per share (in dollars per share)	$ 0.34	$ 0.74

Note 13 - Regulatory Capital _3

Note 13 - Regulatory Capital and Oversight (Details Textual) $ in Millions	Mar. 31, 2022USD ($)
Banks Tangible Assets	$ 1,000
Adjusted Assets	1,000
Banking Regulation, Risk-Weighted Assets, Actual	$ 778.7
Banking Regulation, Capital Conservation Buffer, Common Equity Tier One Risk-Based Capital, Actual	2.50

Note 13 - Regulatory Capital _4

Note 13 - Regulatory Capital and Oversight - Capital Amounts and Ratios (Details) $ in Thousands	Mar. 31, 2022USD ($)
Common equity tier 1 capital, actual amount	$ 99,354
Common equity tier 1 capital, actual percent of asset	0.1276
Common equity tier 1 capital, amount required to be adequately capitalized	$ 35,040
Common equity tier 1 capital, percent of assets required to be adequately capitalized	0.0450
Common equity tier 1 capital, excess capital amount	$ 64,314
Common equity tier 1 capital, excess capital percent of assets	0.0826
Common equity tier 1 capital, amount to be well capitalized under prompt corrective action provisions	$ 50,614
Common equity tier 1 capital, percent of assets to be well capitalized under prompt corrective action provisions	0.0650
Tier 1 leverage, actual amount	$ 99,354
Tier 1 leverage, actual percent of asset	0.0955	[1]
Tier 1 leverage, amount required to be adequately capitalized	$ 41,633
Tier 1 leverage, percent of assets required to be adequately capitalized	0.0400	[1]
Tier 1 leverage, excess capital amount	$ 57,721
Tier 1 leverage, excess capital percent of assets	0.0555	[1]
Tier 1 leverage, amount to be well capitalized under prompt corrective action provisions	$ 52,042
Tier 1 leverage, percent of assets to be well capitalized under prompt corrective action provisions	0.0500	[1]
Tier 1 risk-based capital, actual amount	$ 99,354
Tier 1 risk-based capital, actual percent of asset	0.1276
Tier 1 risk-based capital, amount required to be adequately capitalized	$ 46,720
Tier 1 risk-based capital, percent of assets required to be adequately capitalized	0.0600
Tier 1 risk-based capital, excess capital amount	$ 52,634
Tier 1 risk-based capital, excess capital percent of assets	0.0676
Tier 1 risk-based capital, amount to be well capitalized under prompt corrective action provisions	$ 62,294
Tier 1 risk-based capital, percent of assets to be well capitalized under prompt corrective action provisions	0.0800
Total risk-based capital, actual amount	$ 108,938
Total risk-based capital, actual percent of asset	0.1399
Total risk-based capital, amount required to be adequately capitalized	$ 62,294
Total risk-based capital, percent of assets required to be adequately capitalized	0.0800
Total risk-based capital, excess capital amount	$ 46,644
Total risk-based capital, excess capital percent of assets	0.0599
Total risk-based capital, amount to be well capitalized under prompt corrective action provisions	$ 77,867
Total risk-based capital, percent of assets to be well capitalized under prompt corrective action provisions	0.1000
[1]	Based upon the Bank’s adjusted total assets for the purpose of the Tier 1 leverage capital ratio and risk-weighted assets for the purpose of the risk-based capital ratios.

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	Mar. 09, 2022	Mar. 31, 2022	Mar. 31, 2021
Treasury Stock, Value, Acquired, Cost Method		$ 743	$ 523
Stock Repurchase Program, Authorized Amount		$ 3,400
Quarterly Dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.06
New Share Repurchase Program [Member]
Treasury Stock, Shares, Acquired (in shares)		30,000
Treasury Stock, Value, Acquired, Cost Method		$ 700

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Details Textual) $ in Millions	Mar. 31, 2022USD ($)
Letters of Credit Issued and Available Amount	$ 10.5

Note 16 - Business Segments - P

Note 16 - Business Segments - Profit and Assets for the Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Interest income - external customers	$ 7,565	$ 7,889
Non-interest income - external customers	2,375	3,255
Intersegment interest income	0	0
Intersegment non-interest income	0	0
Interest expense	283	453
Provision for loan losses	296	(576)
Non-interest expense	7,252	6,479
Income tax expense	622	1,370
Net income	1,487	3,418
Total assets	1,029,398	971,305	$ 1,069,538
Consolidation, Eliminations [Member]
Interest income - external customers	0	0
Non-interest income - external customers	0	0
Intersegment interest income	(9)	(3,652)
Intersegment non-interest income	(1,697)	(8)
Interest expense	(9)	(8)
Provision for loan losses	0	0
Non-interest expense	(59)	(58)
Income tax expense	0	0
Net income	(1,638)	(3,594)
Total assets	(99,984)	(104,531)
Home Federal Savings Bank [Member] | Operating Segments [Member]
Interest income - external customers	7,565	7,889
Non-interest income - external customers	2,375	3,254
Intersegment interest income	0	58
Intersegment non-interest income	59	0
Interest expense	292	461
Provision for loan losses	296	(576)
Non-interest expense	7,106	6,309
Income tax expense	667	1,413
Net income	1,638	3,594
Total assets	1,028,627	970,641
Other Segments [Member] | Operating Segments [Member]
Interest income - external customers	0	0
Non-interest income - external customers	0	1
Intersegment interest income	9	3,594
Intersegment non-interest income	1,638	8
Interest expense	0	0
Provision for loan losses	0	0
Non-interest expense	205	228
Income tax expense	(45)	(43)
Net income	1,487	3,418
Total assets	$ 100,755	$ 105,195