v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents - cash and due from bank $ 22,133 $ 15,494
Available-for-sale debt securities (net of credit losses of $0 at March 31, 2026 and December 31, 2025, respectively, amortized cost of $67,231 and $68,943 at March 31, 2026 and December 31, 2025, respectively) 64,856 66,930
Held-to-maturity debt securities (net of allowance for credit losses of $0 as of March 31, 2026 and December 31, 2025) 5,219 6,205
Equity securities 294 408
Loans, net of allowance for credit losses of $840 and $842 at March 31, 2026 and December 31, 2025 109,104 108,869
Premises and equipment, net of accumulated depreciation of $2,972 and $2,941 at March 31, 2026 and December 31, 2025 1,961 1,992
Federal Home Loan Bank stock 354 354
Interest receivable 709 757
Cash surrender value of bank-owned life insurance 4,114 4,086
Deferred income taxes 1,208 1,057
Mortgage servicing rights 208 208
Other 547 551
Total assets 210,707 206,911
Deposits    
Demand 18,672 18,783
Savings, NOW and money market 75,834 72,671
Time 75,637 75,024
Total deposits 170,143 166,478
Deferred compensation 714 691
Income tax payable 465 341
Interest payable and other liabilities 411 348
Total liabilities 171,733 167,858
Stockholders' Equity    
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, none issued
Common Stock, $0.01 par value, 14,000,000 shares authorized, 1,725,000 issued, 1,549,393 and 1,562,319 outstanding at March 31, 2026 and December 31, 2025 17 17
Additional Paid in Capital 15,754 15,705
Unallocated common stock of ESOP (1,200) (1,214)
Treasury stock - 175,607 shares at March 31, 2026 and 162,681 shares at December 31, 2025 (1,989) (1,788)
Deferred compensation liability - 40,000 shares held in trust at March 31, 2026 and December 31, 2025 400 400
Retained earnings 27,690 27,372
Accumulated other comprehensive (loss) (1,698) (1,439)
Total stockholders' equity 38,974 39,053
Total liabilities and stockholders' equity $ 210,707 $ 206,911