v3.26.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Assets    
Cash and due from banks $ 7,464 $ 7,611
Interest-bearing deposits in other banks 22,465 21,071
Total cash and cash equivalents 29,929 28,682
Investment securities - available for sale 62,534 59,369
Investment securities - held to maturity 175 222
Loans, net of unearned income 448,346 402,197
Allowance for credit losses on loans (5,809) (5,441)
Loans, net 442,537 396,756
Accrued interest receivable 3,256 3,101
Federal Home Loan Bank (FHLB) stock - at cost 639 612
Premises and equipment - net 12,755 12,938
Deferred income taxes 2,228 2,703
Mortgage servicing rights 415 380
Other assets 4,179 3,939
Total assets 558,647 508,702
Deposits:    
Noninterest bearing deposits 64,505 64,497
Interest-bearing    
Demand and NOW checking 144,047 152,782
Money market 38,985 30,718
Savings 49,768 45,476
Time deposits over $250,000 35,453 28,590
Other time deposits 127,598 94,138
Total deposits 460,356 416,201
Pension liability 754 1,459
Advances from borrowers for taxes and insurance 1,897 1,834
Accrued interest payable 1,727 1,716
Accounts payable, accrued expenses and other liabilities 4,923 4,160
Total liabilities 469,657 425,370
Stockholders' equity:    
Common Stock ($0.01 par value, 10,000,000 shares authorized, 4,196,359 and 4,231,742 shares issued and outstanding at March 31, 2026 and March 31, 2025, respectively) 41 41
Additional paid-in capital 39,672 39,265
Retained earnings 54,404 50,652
Unallocated common shares held by Employee Stock Ownership Plan (ESOP) (2,875) (3,007)
Accumulated other comprehensive loss (2,252) (3,619)
Total stockholders' equity 88,990 83,332
Total liabilities and stockholders' equity $ 558,647 $ 508,702