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Restricted Stock Plan
 3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement [Text Block] Restricted Stock Plan
Under the RSP, an equity-based bonus plan, we award restricted stock bonuses to eligible employees on an annual basis that are not fully transferable or vested until certain conditions are met. Currently, the eligible employees are the Bank's CEO and President. The RSP authorizes the issuance of unvested restricted stock to an eligible employee with a maximum award ranging from 30% to 40% of the employee’s annual salary, on a calendar year basis. The employee must also satisfy the annual performance targets and measures established by the Board of Directors. If these grant conditions are not satisfied, then the award of restricted shares will lapse or be adjusted appropriately, at the discretion of the Board of Directors. All such Grant Agreements contain vesting conditions and clawback provisions.
A summary of changes in nonvested restricted stock awards is as follows for the:
Three Months Ended March 31
20242023
Number
of Shares		Fair
Value		Number
of Shares		Fair
Value
Balance, January 127,072 $592 27,072 $592 
Granted6,686 130 3,705 91 
Vested(16,240)(345)— — 
Forfeited— — — — 
Balance, March 3117,518 $377 30,777 $683 
Expenses related to the RSP awards during the three months ended March 31, 2024 and 2023 were $25 and $42. As of March 31, 2024, there was $202 of total remaining unrecognized compensation expense related to nonvested restricted stock awards granted under the RSP. The remaining expense is expected to be recognized over a weighted-average service period of 2.11 years.