v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net Income (Loss) $ 4,088,000 $ (1,078,000)
Adjustments to Reconcile Net Income (Loss) to Net    
Provision for (Recovery of) Credit Losses 10,000 (1,210,000)
Gain on Insurance Proceeds (3,469,000)  
Gain on Sale of Premises and Equipment   (141,000)
Gain on Sale of Real Estate Owned (14,000)  
Depreciation 671,000 694,000
Net Accretion of Deferred Loan Costs (55,000) (11,000)
Net Amortization on Investment Securities 128,000 248,000
Loss on Sale of Investment Securities   1,144,000
Federal Home Loan Bank Stock Dividend (25,000) (29,000)
Deferred Tax Expense (Benefit) 65,000 (400,000)
Increase in Cash Surrender Value on Bank Owned Life Insurance (304,000) (353,000)
ESOP Compensation Expense 287,000 246,000
Stock-Based Compensation 68,000  
Changes in Operating Assets and Liabilities    
Accrued Interest Receivable (32,000) (210,000)
Other Assets 46,000 (95,000)
Other Liabilities (138,000) 141,000
Net Cash Provided by (Used in) Operating Activities 1,326,000 (1,054,000)
Proceeds from Sale or Maturities of Investment Securities    
Available-for-Sale 15,877,000 28,051,000
Purchases of Investment Securities Available-for-Sale (18,303,000) (54,350,000)
Increase in Loans Receivable, Net (9,133,000) (1,184,000)
Bank Owned Life Insurance Proceeds 6,769,000  
Proceeds from Sale of Real Estate Owned 144,000  
Proceeds from Sale of Premises and Equipment   509,000
Purchases of Premises and Equipment (384,000) (510,000)
Net Cash Used in Investing Activities (5,030,000) (27,484,000)
Cash Flows from Financing Activities    
Increase in Deposits, Net 1,686,000 1,473,000
Federal Home Loan Bank Advances   (4,000,000)
Increase in Advances by Borrowers for Taxes, Insurance and Repairs 898,000 928,000
(Repurchase) Net Proceeds from Issuance of Common Stock (2,944,000) 48,747,000
Net Cash Provided by (Used in) Financing Activities (360,000) 47,148,000
Net Increase (Decrease) in Cash and Cash Equivalents (4,064,000) 18,610,000
Cash and Cash Equivalents, Beginning of Year 37,916,000 19,306,000
Cash and Cash Equivalents, End of Year 33,852,000 37,916,000
Supplemental Disclosures of Cash Flow Information    
Cash Paid During the Period for Interest 9,278,000 $ 8,975,000
Non-Cash Investing and Financing Activities    
Real Estate Owned Acquired Through Foreclosure $ 130,000