v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Interest income:    
Interest on loans $ 7,087 $ 6,700
Interest on interest-bearing accounts 454 579
Total interest income 7,541 7,279
Interest expense:    
Debt certificates 4,693 4,644
Other debt   393
Total interest expense 4,693 5,037
Net interest income 2,848 2,242
Provision (credit) for expected credit losses (34) (126)
Net interest income after provision (credit) for expected credit losses 2,882 2,368
Non-interest income:    
Broker-dealer commissions and fees 756 743
Other income 542 514
Total non-interest income 1,298 1,257
Non-interest expenses:    
Salaries and benefits 2,005 1,975
Marketing and promotion 64 66
Office occupancy 114 124
Office operations and other expenses 1,547 1,600
Foreclosed assets 19 11
Legal and accounting 384 436
Total non-interest expenses 4,133 4,212
Income (loss) before provision for income taxes 47 (587)
Provision for income taxes and state LLC fees 17 20
Net income (loss) $ 30 $ (607)