v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net income $ 1,806 $ 1,321
Adjustments to reconcile net income to net cash from operating activities    
Provision for credit losses - loans 151 26
(Credit) Provision for credit losses - off-balance sheet credit exposures (41) 45
Net amortization (accretion) of securities 74 (23)
Depreciation and amortization 251 294
Net unrealized gain on discontinued financial derivative   463
Stock dividends on restricted investments (60) (89)
Net increase on other investment   (46)
Appreciation on bank-owned life insurance (84) (83)
ESOP compensation expense for allocated shares 114 110
Loss on sale other real estate owned 25 2
Fair value adjustment on other real estate owned   52
Stock-based compensation 196 305
Deferred income tax expense 259 238
Loss on fair value adjustment of fair value hedges   10
Net change in    
Accrued interest receivable (104) (14)
Other assets (137) (281)
Accrued expenses and other liabilities 529 (2,856)
Net Cash from (used for) Operating Activities 2,979 (526)
Investing Activities    
Net change in interest bearing deposits in banks (2,813) (7,591)
Purchases (1,514) (4,232)
Maturities, prepayments and calls 2,120 7,028
Maturities, prepayments and calls 1,538 1,755
Redemptions of restricted investments   1,096
Purchases of other investment (270) (53)
Loan originations and principal collections, net (11,082) (593)
Net decrease in net investment in direct financing leases 221 187
Proceeds from sales of other real estate owned 22 20
Additions of premises and equipment (2,371) (213)
Net Cash (used for) Investing Activities (14,149) (2,596)
Financing Activities    
Net increase in deposits 11,725 3,352
Advances from FHLB and other borrowings 13,000  
Payments on FHLB and other borrowings (12,205) (642)
Cash dividends declared and paid (316) (242)
Purchases of treasury stock (257) (1,341)
Net Cash from Financing Activities 11,947 1,127
Net Change in Cash and Cash Equivalents 777 (1,995)
Cash and Cash Equivalents at Beginning of Period 6,450 13,290
Cash and Cash Equivalents at End of Period $ 7,227 $ 11,295