v3.26.1
Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and due from banks $ 3,887 $ 4,513
Loans receivable 30,257 30,904
Less allowance for credit losses (185) (185)
Loans receivable, net 30,072 30,719
Accrued interest receivable 60 66
Property and equipment, net 1,476 1,497
Federal Home Loan Bank stock, at cost 374 367
Other assets 67 234
TOTAL ASSETS 35,936 37,396
LIABILITIES    
Interest bearing deposits 13,747 15,193
Noninterest-bearing deposits 1,577 1,659
Total deposits 15,324 16,852
Advance payments by borrowers for insurance and taxes 627 485
Accrued expense and other liabilities 99 63
Total Liabilities 16,050 17,400
STOCKHOLDERS' EQUITY    
Preferred stock, $.01 par value - 2,000,000 shares authorized, none issued 0 0
Common Stock, $.01 par value - 6,000,000 shares authorized; 832,288 and 833,750 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 8 8
Additional paid-in capital 6,900 6,887
Unearned ESOP stock- 63,365 and 64,476 shares at June 30, 2026 and December 31,2025, respectively (634) (645)
Retained earnings 13,612 13,746
Total Stockholders' Equity 19,886 19,996
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 35,936 $ 37,396