v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and Dividend Income        
Loans, including fees $ 1,599 $ 1,417 $ 3,145 $ 2,733
Taxable 410 449 822 864
Tax-exempt 129 134 259 269
Dividends 4 4 10 11
Other 215 254 416 502
Total interest and dividend income 2,357 2,258 4,652 4,379
Interest Expense        
Deposits 772 813 1,578 1,626
Net Interest Income 1,585 1,445 3,074 2,753
Provision for Credit Losses 25 57 40 113
Net Interest Income After Provision for Credit Losses 1,560 1,388 3,034 2,640
Noninterest Income        
Loan servicing fees 13 15 26 30
Other 31 59 64 90
Total noninterest income 174 199 338 350
Noninterest Expense        
Salaries and employee benefits 676 562 1,349 1,118
Occupancy 73 73 154 162
Depreciation 30 33 61 67
Data processing 142 106 253 252
Professional fees 138 111 234 198
Marketing 42 47 80 83
Printing and office supplies 22 29 48 41
Deposit insurance premiums 53 40 91 80
Other 59 34 209 69
Total noninterest expense 1,235 1,035 2,479 2,070
Income Before Income Taxes 499 552 893 920
Provision for Income Taxes 62 114 138 197
Net Income $ 437 $ 438 $ 755 $ 723
Earning per share (basic) (in dollar per share) $ 0.29 $ 0.28 $ 0.5 $ 0.46
Weighted-average shares outstanding (basic) (in shares) 1,512,409 1,553,758 1,512,664 1,566,621
Earning per share (diluted) (in dollar per share) $ 0.28 $ 0.28 $ 0.49 $ 0.46
Weighted-average shares outstanding (diluted) (in shares) 1,552,592 1,553,758 1,547,744 1,566,621
Commission income        
Noninterest Income        
Revenue $ 7 $ 7 $ 10 $ 10
Customer service fees        
Noninterest Income        
Revenue 122 116 235 217
Net realized gain on loan sales        
Noninterest Income        
Revenue $ 1 $ 2 $ 3 $ 3