v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and Dividend Income    
Loans, including fees $ 1,546 $ 1,317
Taxable 412 415
Tax-exempt 130 134
Dividends 6 7
Other 201 248
Total interest and dividend income 2,295 2,121
Interest Expense    
Deposits 806 813
Net Interest Income 1,489 1,308
Provision for Credit Losses 15 56
Net Interest Income After Provision for Credit Losses 1,474 1,252
Noninterest Income    
Loan servicing fees 13 15
Other 34 31
Total noninterest income 164 152
Noninterest Expense    
Salaries and employee benefits 673 555
Occupancy 81 89
Depreciation 31 34
Data processing 111 146
Professional fees 96 88
Marketing 38 37
Printing and office supplies 27 12
Deposit insurance premiums 38 40
Other 149 34
Total noninterest expense 1,244 1,035
Income Before Income Taxes 394 369
Provision for Income Taxes 76 84
Net Income $ 318 $ 285
Earning per share (basic) (in dollar per share) $ 0.21 $ 0.18
Weighted-average shares outstanding (basic) (in shares) 1,509,885 1,583,514
Earning per share (diluted) (in dollar per share) $ 0.21 $ 0.18
Weighted-average shares outstanding (diluted) (in shares) 1,546,671 1,583,514
Commission income    
Noninterest Income    
Revenue $ 3 $ 3
Customer service fees    
Noninterest Income    
Revenue 113 101
Net realized gain (loss) on loan sales    
Noninterest Income    
Revenue $ 1 $ 2