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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Cash flows from operating activities:                
Net income attributable to common stockholders $ 3,682 $ 3,197 $ 2,702 $ 3,286 $ 4,088 $ 10,149 $ 11,049  
Adjustments to reconcile net income to net cash provided by operating activities:                
Net accretion on debt securities           (38) (64)  
Depreciation expense           1,549 1,644  
Provision for credit losses 650     (400)   1,750 (2,725)  
Net (gains) losses on equity securities           (43) 569  
Increase in mortgage servicing rights resulting from transfers of financial assets           (318) (258)  
Mortgage servicing rights amortization           449 427  
Amortization of intangible assets 113     178   471 536  
Stock based compensation expense           135 475  
(Increase) decrease in deferred income taxes           (533) 284  
Increase in cash surrender value of life insurance           (598) (753)  
Net gains from disposals of foreclosed and repossessed assets           (15) (23)  
Provision for valuation allowance on foreclosed properties           15 70  
Gain on sale of loans held for sale, net           (2,411) (1,998)  
Proceeds from sale of loans held for sale           67,837 48,833  
Originations of loans held for sale           (69,443) (41,759)  
Proceeds from insurance claim on foreclosed and repossessed assets           0 27  
Amortization of debt issuance costs           156 166  
Net change in:                
Accrued interest receivable and other assets           551 (2,528)  
Other liabilities           (1,825) 3,803  
Total adjustments           (2,311) 6,726  
Net cash from operating activities           7,838 17,775  
Cash flows from investing activities:                
Proceeds from Bank Owned Life Insurance ("BOLI") death benefit           0 499  
Purchase of available for sale securities           (6,949) 0  
Proceeds from principal payments and maturities of available for sale securities           11,451 11,544  
Proceeds from calls of available for sale securities           4,950 0  
Proceeds from principal payments and maturities of held to maturity securities           3,969 4,184  
Equity investment capital distribution           0 170  
Purchase of equity investments           (930) (300)  
Net sales of other investments           130 558  
Proceeds from sales of foreclosed and repossessed assets           49 232  
Net decrease in loans           45,809 36,702  
Net capital expenditures           (718) (649)  
Proceeds from disposal of office properties and equipment           0 13  
Net cash from investing activities           57,761 52,953  
Cash flows from financing activities:                
Change in short term Federal Home Loan Bank advances, net           0 (33,000)  
Federal Home Loan Bank advance call payments           0 (10,000)  
Federal Home Loan Bank advance long-term maturities           (5,000) (15,530)  
Other borrowings principal reductions           (15,000) (6,083)  
Net (decrease) increase in deposits           (7,594) 1,571  
Repurchase shares of common stock           (2,019) (4,727)  
Surrender of restricted shares of common stock           (190) (119)  
Common stock options exercised           61 0 $ 22
Cash dividends paid           (3,598) (3,346)  
Net cash used in financing activities           (33,340) (71,234)  
Net increase (decrease) in cash and cash equivalents           32,259 (506)  
Cash and cash equivalents at beginning of period   $ 50,172 36,632   $ 37,138 50,172 37,138 37,138
Cash and cash equivalents at end of period $ 82,431   $ 50,172 $ 36,632   82,431 36,632 $ 50,172
Cash paid during the period for:                
Interest on deposits           27,218 24,340  
Interest on borrowings           2,532 3,924  
Income taxes           1,973 2,064  
Supplemental noncash disclosure:                
Transfers from loans receivable to other real estate owned ("OREO")           $ 0 $ 73