v3.26.1
Disclosures About Fair Value of Assets (Tables)
3 Months Ended
Mar. 31, 2026
Disclosures About Fair Value of Assets  
Schedule of fair value measurements of assets recognized

Fair Value Measurements Using

Quoted Prices

in

Active

Significant

Markets for

Other

Significant

Identical 

Observable 

Unobservable

Assets

Inputs

Inputs

Fair Value

(Level 1)

(Level 2)

(Level 3)

March 31, 2026:

  ​ ​ ​

  ​

  ​ ​ ​

  ​

  ​ ​ ​

  ​

  ​ ​ ​

  ​

Available-for Sale debt securities:

  ​

  ​

  ​

  ​

U.S. Government and federal agencies

$

7,261

$

576

$

6,685

$

Mortgage-backed: GSE - residential

 

39,131

 

 

39,131

 

State and political Subdivision

 

18,464

 

 

18,464

 

Total Available-For-sale debt securities

$

64,856

$

576

$

64,280

$

Equity securities:

 

  ​

 

  ​

 

  ​

 

  ​

FHLMC stock

$

232

$

232

$

$

Community Development Corp. Stock

62

62

Mortgage servicing rights

 

208

 

 

208

 

Total

$

65,358

$

808

$

64,550

$

December 31, 2025:

 

  ​

 

  ​

 

  ​

 

  ​

Available-for Sale debt securities:

 

  ​

 

  ​

 

  ​

 

  ​

U.S. Government and federal agency

$

7,281

$

574

$

6,707

$

Mortgage-backed: GSE - residential

40,926

 

 

40,926

 

State and political subdivision

18,723

 

 

18,723

 

Total Available-for-sale debt securities

$

66,930

$

574

$

66,356

$

Equity securities:

 

  ​

 

  ​

 

  ​

 

  ​

FHLMC Stock

$

346

$

346

$

$

Community Development Corp. Stock

62

62

Mortgage servicing rights

 

208

 

 

208

 

Total

$

67,546

$

920

$

66,626

$

Schedule of carrying value and estimated fair value of financial instruments

March 31, 2026

  ​ ​ ​

Carrying Value  

  ​ ​ ​

Level 1  

  ​ ​ ​

Level 2  

  ​ ​ ​

Level 3  

Financial assets:

Cash and cash equivalents

$

22,133

$

22,133

$

$

Available-for-sale debt securities

 

64,856

 

576

 

64,280

 

Held-to-maturity debt securities

 

5,219

 

 

5,170

 

Equity securities

 

294

 

232

 

62

 

Loans

 

109,104

 

 

 

105,719

Interest receivable

 

709

 

709

 

 

Federal Home Loan Bank Stock

 

354

 

 

 

354

Cash surrender value of bank-owned life insurance

 

4,114

 

 

 

4,114

Financial liabilities:

 

 

  ​

 

  ​

 

  ​

Deposits

 

170,143

 

 

154,225

Interest payable

 

5

 

5

 

 

December 31, 2025

  ​ ​ ​

Carrying Value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

Financial assets:

 

  ​

 

  ​

 

  ​

  ​

Cash and cash equivalents

$

15,494

$

15,494

$

$

Available-for-sale debt securities

 

66,930

 

574

 

66,356

 

Held-to-maturity debt securities

 

6,205

 

 

6,184

 

Equity securities

 

408

 

346

 

62

 

Loans

 

108,869

 

 

 

105,717

Interest receivable

 

757

 

757

 

 

Federal Home Loan Bank Stock

 

354

 

 

 

354

Cash surrender value of bank-owned life insurance

 

4,086

 

 

 

4,086

Financial liabilities:

 

  ​

 

  ​

 

  ​

 

  ​

Deposits

 

166,478

 

 

 

152,948

Interest payable

 

1

 

1

 

 

Schedule of fair value measurement of assets measured at fair value on a nonrecurring basis

Fair Value Measurements Using

Quoted

Prices

in Active

Significant

Markets for

Other

Significant

Identical

Observable

Unobservable

Assets

Inputs

Inputs

  ​ ​ ​

Fair Value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

March 31, 2026:

  ​

  ​

  ​

  ​

Individually analyzed loans (collateral dependent)

$

$

$

$

December 31, 2025:

 

  ​

 

  ​

 

  ​

 

  ​

Individually analyzed loans (collateral dependent)

$

$

$

$