v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net income $ 836 $ 643
Adjustments to reconcile net income (loss) to net cash from operating activities    
Provision for credit losses - loans 6 63
Provision for credit losses - off-balance sheet credit exposures   50
Net amortization (accretion) of securities 38 (15)
Depreciation and amortization 124 146
Net unrealized gain on discontinued financial derivative   463
Stock dividends on restricted investments (32) (47)
Appreciation on bank-owned life insurance (43) (41)
ESOP compensation expense for allocated shares 56 52
Loss on sale other real estate owned 25  
Fair value adjustment on other real estate owned   52
Stock-based compensation 37 175
Deferred income tax expense 124 80
Loss on fair value adjustment of fair value hedges   10
Net change in    
Accrued interest receivable 205 68
Other assets 56 47
Accrued expenses and other liabilities 176 (3,279)
Net Cash from (used for) Operating Activities 1,608 (1,533)
Investing Activities    
Net change in interest bearing deposits in banks (4,574) 436
Purchases (1,515) (2,702)
Maturities, prepayments and calls 927 3,591
Maturities, prepayments and calls 729 891
Redemptions of restricted investments   1,096
Purchases of other investment (33) (36)
Loan originations and principal collections, net 4,637 (4,098)
Net decrease in net investment in direct financing leases 181 149
Proceeds from sales of other real estate owned 22  
Additions of premises and equipment (1,786) (28)
Net Cash (used for) Investing Activities (1,412) (701)
Financing Activities    
Net increase in deposits 4,053 1,704
Payments on FHLB and other borrowings (4,102) (320)
Cash dividends declared and paid (143) (123)
Purchases of treasury stock   (495)
Net Cash (used for) from Financing Activities (192) 766
Net Change in Cash and Cash Equivalents 4 (1,468)
Cash and Cash Equivalents at Beginning of Period 6,450 13,290
Cash and Cash Equivalents at End of Period $ 6,454 $ 11,822