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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Impact of Adoption of ASC 326 (CECL) | The following table illustrates the impact of ASC 326: Impact of Adoption of ASC 326 (CECL)
(Dollars in thousands) |  | As reported under ASC 326 |  |  | Pre-ASC 326 adoption |  |  | Impact of ASC 326 adoption |
|  | January 1, 2023 |
(Dollars in thousands) |  | As reported under ASC 326 |  |  | Pre-ASC 326 adoption |  |  | Impact of ASC 326 adoption |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |
Held-to-maturity investment securities |  | $ | 72 |  |  | $ | - |  |  | $ | 72 |
One-to-four family residential real estate loans |  | $ | 1,677 |  |  | $ | 655 |  |  | $ | 1,022 |
Construction and land loans |  |  | 166 |  |  |  | 117 |  |  |  | 49 |
Commercial real estate loans |  |  | 4,221 |  |  |  | 3,158 |  |  |  | 1,063 |
Commercial loans |  |  | 2,898 |  |  |  | 2,753 |  |  |  | 145 |
Paycheck protection program loans |  |  | - |  |  |  | - |  |  |  | - |
Agriculture loans |  |  | 1,142 |  |  |  | 1,966 |  |  |  | (824 | )
Municipal loans |  |  | 16 |  |  |  | 5 |  |  |  | 11 |
Consumer loans |  |  | 194 |  |  |  | 137 |  |  |  | 57 |
Total allowance for credit losses for loans |  | $ | 10,314 |  |  | $ | 8,791 |  |  | $ | 1,523 |
Unfunded loan commitments |  | $ | 170 |  |  | $ | 170 |  |  | $ | - |
Schedule of Earnings Per Share, Basic and Diluted | The shares used in the calculation of basic and diluted earnings per share, which have been adjusted to give effect to the 5% common stock dividends paid by the Company in December 2023, 2022 and 2021, are shown below: Schedule of Earnings Per Share, Basic and Diluted
|  | 2023 |  |  | 2022 |  |  | 2021 |
(Dollars in thousands, except per share amounts) |  | Years ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Net earnings available to common shareholders |  | $ | 12,236 |  |  | $ | 9,878 |  |  | $ | 18,011 |
Weighted average common shares outstanding - basic |  |  | 5,477,700 |  |  |  | 5,492,286 |  |  |  | 5,506,487 |
Assumed exercise of stock options |  |  | 3,100 |  |  |  | 15,767 |  |  |  | 13,303 |
Weighted average common shares outstanding - diluted |  |  | 5,480,800 |  |  |  | 5,508,053 |  |  |  | 5,519,790 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 2.23 |  |  | $ | 1.80 |  |  | $ | 3.27 |
Diluted |  | $ | 2.23 |  |  | $ | 1.79 |  |  | $ | 3.26 |

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