v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 25,376,000 $ 47,595,000
Certificates of deposit in other financial institutions 870,000 870,000
Investment securities:    
Available-for-sale, (amortized cost of $116,635 and $121,879 at June 30, 2026 and December 31, 2025, respectively) 100,856,000 106,654,000
Held-to-maturity, at amortized cost 25,915,000 28,368,000
Federal Home Loan Bank of Chicago stock (FHLB) 1,166,000 1,166,000
Bankers Bank stock 992,000 992,000
Real Estate Owned (REO) 729,000 729,000
Loans receivable, net of allowance for credit losses of $2,952 and $2,682 at June 30, 2026 and December 31, 2025, respectively 282,289,000 267,949,000
Premises and equipment, net 7,337,000 7,420,000
Accrued interest receivable 1,685,000 1,451,000
Bank-owned life insurance (BOLI) 20,356,000 14,949,000
Core deposit intangibles 46,000 138,000
Deferred tax assets 9,480,000 9,366,000
Other assets 2,862,000 1,730,000
Total assets 479,959,000 489,377,000
Liabilities:    
Deposits 312,562,000 321,551,000
Advances from borrowers for taxes and insurance 3,067,000 3,060,000
Accounts payable and accrued expenses 3,187,000 3,400,000
Total liabilities 318,816,000 328,011,000
Stockholders' Equity:    
Preferred stock, $0.01 par value, 500,000 shares authorized, none issued
Common stock, $0.01 par value, 9,500,000 shares authorized, 8,096,938 issued and outstanding 81,000 81,000
Unallocated common stock - ESOP (6,326,000) (6,456,000)
Additional paid-in capital 77,307,000 77,241,000
Retained earnings 101,364,000 101,386,000
Accumulated other comprehensive loss (11,283,000) (10,886,000)
Total stockholders' equity 161,143,000 161,366,000
Total liabilities and stockholders' equity $ 479,959,000 $ 489,377,000