XML 35 R24.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Loans and Allowance for Credit Losses (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Receivables [Abstract] |
Schedule of Loans | Loans consisted of the following as of the dates indicated below: Schedule of Loans
|  | June 30, |  |  | December 31, |
(Dollars in thousands) |  | 2024 |  |  | 2023 |
One-to-four family residential real estate loans |  | $ | 332,090 |  |  | $ | 302,544 |
Construction and land loans |  |  | 30,480 |  |  |  | 21,090 |
Commercial real estate loans |  |  | 318,850 |  |  |  | 320,962 |
Commercial loans |  |  | 178,876 |  |  |  | 180,942 |
Agriculture loans |  |  | 84,523 |  |  |  | 89,680 |
Municipal loans |  |  | 6,556 |  |  |  | 4,507 |
Consumer loans |  |  | 29,200 |  |  |  | 28,931 |
Total gross loans |  |  | 980,575 |  |  |  | 948,656 |
Net deferred loan fees and loans in process |  |  | (583 | ) |  |  | (429 | )
Allowance for credit losses |  |  | (10,903 | ) |  |  | (10,608 | )
Loans, net |  | $ | 969,089 |  |  | $ | 937,619 |
Schedule of Allowance for Credit Losses on Financing Receivables | The following tables provide information on the Company’s allowance for credit losses by loan class and allowance methodology: Schedule of Allowance for Credit Losses on Financing Receivables
(Dollars in thousands) |  | One-to-four family residential real estate loans |  |  | Construction and land loans |  |  | Commercial real estate loans |  |  | Commercial loans |  |  | Agriculture loans |  |  | Municipal loans |  |  | Consumer loans |  |  | Total |
|  | Three and six months and six months ended June 30, 2024 |
(Dollars in thousands) |  | One-to-four family residential real estate loans |  |  | Construction and land loans |  |  | Commercial real estate loans |  |  | Commercial loans |  |  | Agriculture loans |  |  | Municipal loans |  |  | Consumer loans |  |  | Total |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at April 1, 2024 |  | $ | 2,086 |  |  | $ | 174 |  |  | $ | 4,530 |  |  | $ | 2,651 |  |  | $ | 1,144 |  |  | $ | 50 |  |  | $ | 216 |  |  | $ | 10,851 |
Impact of adopting ASC 326 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (13 | ) |  |  | - |  |  |  | - |  |  |  | (106 | ) |  |  | (119 | )
Recoveries |  |  | - |  |  |  | 120 |  |  |  | - |  |  |  | 9 |  |  |  | - |  |  |  | 5 |  |  |  | 37 |  |  |  | 171 |
Provision for credit losses |  |  | (66 | ) |  |  | (74 | ) |  |  | (15 | ) |  |  | 131 |  |  |  | (26 | ) |  |  | - |  |  |  | 50 |  |  |  | - |
Balance at June 30, 2024 |  | $ | 2,020 |  |  | $ | 220 |  |  | $ | 4,515 |  |  | $ | 2,778 |  |  | $ | 1,118 |  |  | $ | 55 |  |  | $ | 197 |  |  | $ | 10,903 |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at January 1, 2024 |  | $ | 2,035 |  |  | $ | 150 |  |  | $ | 4,518 |  |  | $ | 2,486 |  |  | $ | 1,190 |  |  | $ | 15 |  |  | $ | 214 |  |  | $ | 10,608 |
Charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (83 | ) |  |  | - |  |  |  | - |  |  |  | (177 | ) |  |  | (260 | )
Recoveries |  |  | - |  |  |  | 200 |  |  |  | - |  |  |  | 20 |  |  |  | - |  |  |  | 12 |  |  |  | 73 |  |  |  | 305 |
Provision for credit losses |  |  | (15 | ) |  |  | (130 | ) |  |  | (3 | ) |  |  | 355 |  |  |  | (72 | ) |  |  | 28 |  |  |  | 87 |  |  |  | 250 |
Balance at June 30, 2024 |  | $ | 2,020 |  |  | $ | 220 |  |  | $ | 4,515 |  |  | $ | 2,778 |  |  | $ | 1,118 |  |  | $ | 55 |  |  | $ | 197 |  |  | $ | 10,903 |
(Dollars in thousands) |  | One-to-four family residential real estate loans |  |  | Construction and land loans |  |  | Commercial real estate loans |  |  | Commercial loans |  |  | Agriculture loans |  |  | Municipal loans |  |  | Consumer loans |  |  | Total |
|  | Three and six months ended June 30, 2023 |
(Dollars in thousands) |  | One-to-four family residential real estate loans |  |  | Construction and land loans |  |  | Commercial real estate loans |  |  | Commercial loans |  |  | Agriculture loans |  |  | Municipal loans |  |  | Consumer loans |  |  | Total |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at April 1, 2023 |  | $ | 1,757 |  |  | $ | 170 |  |  | $ | 4,438 |  |  | $ | 2,614 |  |  | $ | 1,059 |  |  | $ | 17 |  |  | $ | 212 |  |  | $ | 10,267 |
Charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (90 | ) |  |  | - |  |  |  | - |  |  |  | (68 | ) |  |  | (158 | )
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10 |  |  |  | 57 |  |  |  | - |  |  |  | 23 |  |  |  | 90 |
Provision for credit losses |  |  | 95 |  |  |  | (9 | ) |  |  | (65 | ) |  |  | 176 |  |  |  | 18 |  |  |  | (1 | ) |  |  | 36 |  |  |  | 250 |
Balance at June 30, 2023 |  | $ | 1,852 |  |  | $ | 161 |  |  | $ | 4,373 |  |  | $ | 2,710 |  |  | $ | 1,134 |  |  | $ | 16 |  |  | $ | 203 |  |  | $ | 10,449 |
Allowance for credit losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at January 1, 2023 |  | $ | 655 |  |  | $ | 117 |  |  | $ | 3,158 |  |  | $ | 2,753 |  |  | $ | 1,966 |  |  | $ | 5 |  |  | $ | 137 |  |  | $ | 8,791 |
Balance |  | $ | 655 |  |  | $ | 117 |  |  | $ | 3,158 |  |  | $ | 2,753 |  |  | $ | 1,966 |  |  | $ | 5 |  |  | $ | 137 |  |  | $ | 8,791 |
Impact of adopting ASC 326 |  |  | 1,022 |  |  |  | 49 |  |  |  | 1,063 |  |  |  | 145 |  |  |  | (824 | ) |  |  | 11 |  |  |  | 57 |  |  |  | 1,523 |
Charge-offs |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (107 | ) |  |  | - |  |  |  | - |  |  |  | (159 | ) |  |  | (266 | )
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 19 |  |  |  | 73 |  |  |  | - |  |  |  | 59 |  |  |  | 151 |
Provision for credit losses |  |  | 175 |  |  |  | (5 | ) |  |  | 152 |  |  |  | (100 | ) |  |  | (81 | ) |  |  | - |  |  |  | 109 |  |  |  | 250 |
Balance at June 30, 2023 |  | $ | 1,852 |  |  | $ | 161 |  |  | $ | 4,373 |  |  | $ | 2,710 |  |  | $ | 1,134 |  |  | $ | 16 |  |  | $ | 203 |  |  | $ | 10,449 |
Balance |  | $ | 1,852 |  |  | $ | 161 |  |  | $ | 4,373 |  |  | $ | 2,710 |  |  | $ | 1,134 |  |  | $ | 16 |  |  | $ | 203 |  |  | $ | 10,449 |
Schedule of Non-accrual and Loans Past Due Over 89 Days Still Accruing | The following table presents information regarding non-accrual and loans past due over 89 days and still accruing as of the dates indicated: Schedule of Non-accrual and Loans Past Due Over 89 Days Still Accruing
|  | Non-accrual with no allowance for credit loss |  |  | Non-accrual with allowance for credit losses |  |  | Loans past due over 89 days still accruing |
(Dollars in thousands) |  | As of June 30, 2024 |
|  | Non-accrual with no allowance for credit loss |  |  | Non-accrual with allowance for credit losses |  |  | Loans past due over 89 days still accruing |
Commercial real estate loans |  | $ | 701 |  |  | $ | - |  |  | $ | - |
Commercial loans |  |  | 339 |  |  |  | 2,919 |  |  |  | - |
Agriculture loans |  |  | 1,023 |  |  |  | - |  |  |  | - |
Consumer loans |  |  | 25 |  |  |  | - |  |  |  | - |
Total loans |  | $ | 2,088 |  |  | $ | 2,919 |  |  | $ | - |
|  | Non-accrual with no allowance for credit loss |  |  | Non-accrual with allowance for credit losses |  |  | Loans past due over 89 days still accruing |
(Dollars in thousands) |  | As of December 31, 2023 |
|  | Non-accrual with no allowance for credit loss |  |  | Non-accrual with allowance for credit losses |  |  | Loans past due over 89 days still accruing |
One-to-four family residential real estate loans |  | $ | 161 |  |  | $ | 31 |  |  | $ | - |
Commercial loans |  |  | 363 |  |  |  | 1,517 |  |  |  | - |
Agriculture loans |  |  | 295 |  |  |  | - |  |  |  | - |
Consumer loans |  |  | 24 |  |  |  | - |  |  |  | - |
Total loans |  | $ | 843 |  |  | $ | 1,548 |  |  | $ | - |
Schedule of Amortized Cost Basis and Collateral Type | Schedule of Amortized Cost Basis and Collateral Type
(Dollars in thousands) |  | As of June 30, 2024
|  | Loan balance |  |  | Collateral Type
One-to-four family residential real estate loans |  | $ | - |  |  | First mortgage on residential real estate
Construction and land loans |  | $ | 190 |  |  | First mortgage on residential or commercial real estate
Commercial real estate loans |  |  | 1,893 |  |  | First mortgage on commercial real estate
Commercial loans |  |  | 3,424 |  |  | Accounts receivable, equipment and real estate
Agriculture loans |  |  | 1,468 |  |  | Crops, livestock, machinery and real estate
Consumer loans |  |  | 25 |  |  | Personal property or second mortgages on real estate
Total loans |  | $ | 7,000 |  |  |
(Dollars in thousands) |  | As of December 31, 2023
|  | Loan balance |  |  | Collateral Type
One-to-four family residential real estate loans |  | $ | 192 |  |  | First mortgage on residential real estate
Construction and land loans |  |  | 192 |  |  | First mortgage on residential or commercial real estate
Commercial real estate loans |  |  | 1,205 |  |  | First mortgage on commercial real estate
Commercial loans |  |  | 2,054 |  |  | Accounts receivable, equipment and real estate
Agriculture loans |  |  | 682 |  |  | Crops, livestock, machinery and real estate
Consumer loans |  |  | 24 |  |  | Personal property or second mortgages on real estate
Total loans |  | $ | 4,349 |  |  |
Schedule of Past Due Financing Receivables | The following tables present information regarding the Company’s past due and non-accrual loans by loan class, as of the dates indicated: Schedule of Past Due Financing Receivables
|  | 30-59 days delinquent and accruing |  |  | 60-89 days delinquent and accruing |  |  | 90 days or more delinquent and accruing |  |  | Total past due loans accruing |  |  | Non-accrual loans |  |  | Total past due and non-accrual loans |  |  | Total loans not past due |
(Dollars in thousands) |  | As of June 30, 2024 |
|  | 30-59 days delinquent and accruing |  |  | 60-89 days delinquent and accruing |  |  | 90 days or more delinquent and accruing |  |  | Total past due loans accruing |  |  | Non-accrual loans |  |  | Total past due and non-accrual loans |  |  | Total loans not past due |
One-to-four family residential real estate loans |  | $ | 19 |  |  | $ | 162 |  |  | $ | - |  |  | $ | 181 |  |  | $ | - |  |  | $ | 181 |  |  | $ | 331,909 |
Construction and land loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 30,480 |
Commercial real estate loans |  |  | 34 |  |  |  | 671 |  |  |  | - |  |  |  | 705 |  |  |  | 701 |  |  |  | 1,406 |  |  |  | 317,444 |
Commercial loans |  |  | 58 |  |  |  | 58 |  |  |  | - |  |  |  | 116 |  |  |  | 3,258 |  |  |  | 3,374 |  |  |  | 175,502 |
Agriculture loans |  |  | 535 |  |  |  | 234 |  |  |  | - |  |  |  | 769 |  |  |  | 1,023 |  |  |  | 1,792 |  |  |  | 82,731 |
Municipal loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 6,556 |
Consumer loans |  |  | 52 |  |  |  | 49 |  |  |  | - |  |  |  | 101 |  |  |  | 25 |  |  |  | 126 |  |  |  | 29,074 |
Total |  | $ | 698 |  |  | $ | 1,174 |  |  | $ | - |  |  | $ | 1,872 |  |  | $ | 5,007 |  |  | $ | 6,879 |  |  | $ | 973,696 |
Percent of gross loans |  |  | 0.07 | % |  |  | 0.12 | % |  |  | 0.00 | % |  |  | 0.19 | % |  |  | 0.51 | % |  |  | 0.70 | % |  |  | 99.30 | %
(Dollars in thousands) |  | As of December 31, 2023 |
|  | 30-59 days delinquent and accruing |  |  | 60-89 days delinquent and accruing |  |  | 90 days or more delinquent and accruing |  |  | Total past due loans accruing |  |  | Non-accrual loans |  |  | Total past due and non-accrual loans |  |  | Total loans not past due |
One-to-four family residential real estate loans |  | $ | 85 |  |  | $ | 247 |  |  | $ | - |  |  | $ | 332 |  |  | $ | 192 |  |  | $ | 524 |  |  | $ | 302,020 |
Construction and land loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 21,090 |
Commercial real estate loans |  |  | 153 |  |  |  | - |  |  |  | - |  |  |  | 153 |  |  |  | - |  |  |  | 153 |  |  |  | 320,809 |
Commercial loans |  |  | 399 |  |  |  | 332 |  |  |  | - |  |  |  | 731 |  |  |  | 1,880 |  |  |  | 2,611 |  |  |  | 178,331 |
Agriculture loans |  |  | 256 |  |  |  | - |  |  |  | - |  |  |  | 256 |  |  |  | 295 |  |  |  | 551 |  |  |  | 89,129 |
Municipal loans |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,507 |
Consumer loans |  |  | 110 |  |  |  | - |  |  |  | - |  |  |  | 110 |  |  |  | 24 |  |  |  | 134 |  |  |  | 28,797 |
Total |  | $ | 1,003 |  |  | $ | 579 |  |  | $ | - |  |  | $ | 1,582 |  |  | $ | 2,391 |  |  | $ | 3,973 |  |  | $ | 944,683 |
Percent of gross loans |  |  | 0.11 | % |  |  | 0.06 | % |  |  | 0.00 | % |  |  | 0.17 | % |  |  | 0.25 | % |  |  | 0.42 | % |  |  | 99.58 | %
Schedule of Troubled Debt Restructurings on Financings Receivables and Year of Origination | The following table presents information regarding the Company’s risk category of loans by type and year of origination, as of the dates indicated: Schedule of Troubled Debt Restructurings on Financings Receivables and Year of Origination
|  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Prior |  |  | Revolving loans amortized cost |  |  | Revolving loans converted to term |  |  | Total |
(Dollars in thousands) |  | As of June 30, 2024 |
|  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Prior |  |  | Revolving loans amortized cost |  |  | Revolving loans converted to term |  |  | Total |
One-to-four family residential real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 47,236 |  |  | $ | 89,970 |  |  | $ | 80,182 |  |  | $ | 40,064 |  |  | $ | 29,627 |  |  | $ | 39,266 |  |  | $ | 5,602 |  |  | $ | 143 |  |  | $ | 332,090 |
Classified |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 47,236 |  |  | $ | 89,970 |  |  | $ | 80,182 |  |  | $ | 40,064 |  |  | $ | 29,627 |  |  | $ | 39,266 |  |  | $ | 5,602 |  |  | $ | 143 |  |  | $ | 332,090 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Construction and land loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 12,602 |  |  | $ | 9,773 |  |  | $ | 2,242 |  |  | $ | 1,745 |  |  | $ | 2,618 |  |  | $ | 1,400 |  |  | $ | 100 |  |  | $ | - |  |  | $ | 30,480 |
Classified |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 12,602 |  |  | $ | 9,773 |  |  | $ | 2,242 |  |  | $ | 1,745 |  |  | $ | 2,618 |  |  | $ | 1,400 |  |  | $ | 100 |  |  | $ | - |  |  | $ | 30,480 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Commercial real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 27,113 |  |  | $ | 42,071 |  |  | $ | 70,258 |  |  | $ | 56,516 |  |  | $ | 43,607 |  |  | $ | 74,593 |  |  | $ | 2,633 |  |  | $ | 40 |  |  |  | 316,831 |
Classified |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 477 |  |  |  | - |  |  |  | 1,542 |  |  |  | - |  |  |  | - |  |  |  | 2,019 |
Total |  | $ | 27,113 |  |  | $ | 42,071 |  |  | $ | 70,258 |  |  | $ | 56,993 |  |  | $ | 43,607 |  |  | $ | 76,135 |  |  | $ | 2,633 |  |  | $ | 40 |  |  | $ | 318,850 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Commercial loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 16,575 |  |  | $ | 35,138 |  |  | $ | 27,053 |  |  | $ | 11,805 |  |  | $ | 9,440 |  |  | $ | 3,465 |  |  | $ | 60,720 |  |  | $ | 111 |  |  | $ | 164,307 |
Classified |  |  | 2,226 |  |  |  | 2,406 |  |  |  | 1,944 |  |  |  | 209 |  |  |  | 4,067 |  |  |  | 29 |  |  |  | 2,260 |  |  |  | 1,428 |  |  |  | 14,569 |
Total |  | $ | 18,801 |  |  | $ | 37,544 |  |  | $ | 28,997 |  |  | $ | 12,014 |  |  | $ | 13,507 |  |  | $ | 3,494 |  |  | $ | 62,980 |  |  | $ | 1,539 |  |  | $ | 178,876 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | 16 |  |  | $ | 67 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 83 |
Agriculture loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 6,835 |  |  | $ | 4,022 |  |  | $ | 9,301 |  |  | $ | 3,989 |  |  | $ | 3,671 |  |  | $ | 14,775 |  |  | $ | 40,705 |  |  | $ | 193 |  |  | $ | 83,491 |
Classified |  |  | - |  |  |  | 70 |  |  |  | 241 |  |  |  | 402 |  |  |  | 9 |  |  |  | 95 |  |  |  | 215 |  |  |  | - |  |  |  | 1,032 |
Total |  | $ | 6,835 |  |  | $ | 4,092 |  |  | $ | 9,542 |  |  | $ | 4,391 |  |  | $ | 3,680 |  |  | $ | 14,870 |  |  | $ | 40,920 |  |  | $ | 193 |  |  | $ | 84,523 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Municipal loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | - |  |  | $ | 4,958 |  |  | $ | 109 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,489 |  |  | $ | - |  |  | $ | - |  |  | $ | 6,556 |
Classified |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | - |  |  | $ | 4,958 |  |  | $ | 109 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,489 |  |  | $ | - |  |  | $ | - |  |  | $ | 6,556 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Consumer loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 2,810 |  |  | $ | 3,694 |  |  | $ | 827 |  |  | $ | 1,205 |  |  | $ | 769 |  |  | $ | 3,348 |  |  | $ | 16,503 |  |  | $ | 19 |  |  | $ | 29,175 |
Classified |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 25 |  |  |  | - |  |  |  | 25 |
Total |  | $ | 2,810 |  |  | $ | 3,694 |  |  | $ | 827 |  |  | $ | 1,205 |  |  | $ | 769 |  |  | $ | 3,348 |  |  | $ | 16,528 |  |  | $ | 19 |  |  | $ | 29,200 |
Gross charge-offs |  | $ | 176 |  |  | $ | - |  |  | $ | 1 |  |  |  |  |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 177 |
Total loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 113,171 |  |  | $ | 189,626 |  |  | $ | 189,972 |  |  | $ | 115,324 |  |  | $ | 89,732 |  |  | $ | 138,336 |  |  | $ | 126,263 |  |  | $ | 506 |  |  | $ | 962,930 |
Classified |  |  | 2,226 |  |  |  | 2,476 |  |  |  | 2,185 |  |  |  | 1,088 |  |  |  | 4,076 |  |  |  | 1,666 |  |  |  | 2,500 |  |  |  | 1,428 |  |  |  | 17,645 |
Total |  | $ | 115,397 |  |  | $ | 192,102 |  |  | $ | 192,157 |  |  | $ | 116,412 |  |  | $ | 93,808 |  |  | $ | 140,002 |  |  | $ | 128,763 |  |  | $ | 1,934 |  |  | $ | 980,575 |
Gross charge-offs for the six month ending 6-30-2024 |  | $ | 176 |  |  | $ | - |  |  | $ | 17 |  |  | $ | 67 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 260 |
|  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Revolving loans amortized cost |  |  | Revolving loans converted to term |  |  | Total |
(Dollars in thousands) |  | As of December 31, 2023 |
|  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2019 |  |  | Prior |  |  | Revolving loans amortized cost |  |  | Revolving loans converted to term |  |  | Total |
One-to-four family residential real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 95,290 |  |  | $ | 84,718 |  |  | $ | 42,533 |  |  | $ | 32,081 |  |  | $ | 12,776 |  |  | $ | 29,694 |  |  | $ | 5,097 |  |  | $ | 163 |  |  | $ | 302,352 |
Classified |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 192 |  |  | $ | - |  |  | $ | - |  |  | $ | 192 |
Total |  | $ | 95,290 |  |  | $ | 84,718 |  |  | $ | 42,533 |  |  | $ | 32,081 |  |  | $ | 12,776 |  |  | $ | 29,886 |  |  | $ | 5,097 |  |  | $ | 163 |  |  | $ | 302,544 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Construction and land loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 6,283 |  |  | $ | 5,267 |  |  | $ | 5,367 |  |  | $ | 2,665 |  |  | $ | 916 |  |  | $ | 492 |  |  | $ | 100 |  |  | $ | - |  |  | $ | 21,090 |
Classified |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Total |  | $ | 6,283 |  |  | $ | 5,267 |  |  | $ | 5,367 |  |  | $ | 2,665 |  |  | $ | 916 |  |  | $ | 492 |  |  | $ | 100 |  |  | $ | - |  |  | $ | 21,090 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Commercial real estate loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 41,644 |  |  | $ | 77,427 |  |  | $ | 58,327 |  |  | $ | 50,744 |  |  | $ | 30,551 |  |  | $ | 57,502 |  |  | $ | 3,017 |  |  | $ | 92 |  |  | $ | 319,304 |
Classified |  | $ | - |  |  | $ | - |  |  | $ | 481 |  |  | $ | 22 |  |  | $ | 180 |  |  | $ | 975 |  |  | $ | - |  |  | $ | - |  |  | $ | 1,658 |
Total |  | $ | 41,644 |  |  | $ | 77,427 |  |  | $ | 58,808 |  |  | $ | 50,766 |  |  | $ | 30,731 |  |  | $ | 58,477 |  |  | $ | 3,017 |  |  | $ | 92 |  |  | $ | 320,962 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Commercial loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 38,818 |  |  | $ | 32,764 |  |  | $ | 16,747 |  |  | $ | 15,511 |  |  | $ | 2,514 |  |  | $ | 4,386 |  |  | $ | 61,046 |  |  | $ | 4,121 |  |  | $ | 175,907 |
Classified |  | $ | 226 |  |  | $ | 2,000 |  |  | $ | 158 |  |  | $ | 460 |  |  | $ | 57 |  |  | $ | - |  |  | $ | 1,952 |  |  | $ | 182 |  |  | $ | 5,035 |
Total |  | $ | 39,044 |  |  | $ | 34,764 |  |  | $ | 16,905 |  |  | $ | 15,971 |  |  | $ | 2,571 |  |  | $ | 4,386 |  |  | $ | 62,998 |  |  | $ | 4,303 |  |  | $ | 180,942 |
Gross charge-offs |  | $ | - |  |  | $ | 28 |  |  | $ | 407 |  |  | $ | 44 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 479 |
Agriculture loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 7,862 |  |  | $ | 11,718 |  |  | $ | 4,864 |  |  | $ | 4,092 |  |  | $ | 3,902 |  |  | $ | 12,114 |  |  | $ | 44,352 |  |  | $ | 214 |  |  | $ | 89,118 |
Classified |  | $ | - |  |  | $ | 16 |  |  | $ | 171 |  |  | $ | - |  |  | $ | 131 |  |  | $ | 113 |  |  | $ | 131 |  |  | $ | - |  |  | $ | 562 |
Total |  | $ | 7,862 |  |  | $ | 11,734 |  |  | $ | 5,035 |  |  | $ | 4,092 |  |  | $ | 4,033 |  |  | $ | 12,227 |  |  | $ | 44,483 |  |  | $ | 214 |  |  | $ | 89,680 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Municipal loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 2,774 |  |  | $ | 128 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,605 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,507 |
Classified |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Total |  | $ | 2,774 |  |  | $ | 128 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,605 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,507 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Consumer loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 4,705 |  |  | $ | 1,332 |  |  | $ | 1,340 |  |  | $ | 1,380 |  |  | $ | 1 |  |  | $ | 4,906 |  |  | $ | 15,221 |  |  | $ | 21 |  |  | $ | 28,906 |
Classified |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 25 |  |  | $ | - |  |  | $ | 25 |
Total |  | $ | 4,705 |  |  | $ | 1,332 |  |  | $ | 1,340 |  |  | $ | 1,380 |  |  | $ | 1 |  |  | $ | 4,906 |  |  | $ | 15,246 |  |  | $ | 21 |  |  | $ | 28,931 |
Gross charge-offs |  | $ | - |  |  | $ | - |  |  | $ | 3 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 368 |  |  | $ | - |  |  | $ | 371 |
Total loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonclassified |  | $ | 197,376 |  |  | $ | 213,354 |  |  | $ | 129,178 |  |  | $ | 106,473 |  |  | $ | 50,660 |  |  | $ | 110,699 |  |  | $ | 128,833 |  |  | $ | 4,611 |  |  | $ | 941,184 |
Classified |  | $ | 226 |  |  | $ | 2,016 |  |  | $ | 810 |  |  | $ | 482 |  |  | $ | 368 |  |  | $ | 1,280 |  |  | $ | 2,108 |  |  | $ | 182 |  |  | $ | 7,472 |
Total |  | $ | 197,602 |  |  | $ | 215,370 |  |  | $ | 129,988 |  |  | $ | 106,955 |  |  | $ | 51,028 |  |  | $ | 111,979 |  |  | $ | 130,941 |  |  | $ | 4,793 |  |  | $ | 948,656 |
Gross charge-offs for the year ending December 31,2023 |  | $ | - |  |  | $ | 28 |  |  | $ | 410 |  |  | $ | 44 |  |  | $ | - |  |  | $ | - |  |  | $ | 368 |  |  | $ | - |  |  | $ | 850 |
Gross charge-offs |  | $ | - |  |  | $ | 28 |  |  | $ | 410 |  |  | $ | 44 |  |  | $ | - |  |  | $ | - |  |  | $ | 368 |  |  | $ | - |  |  | $ | 850 |
Schedule of Allowance for Credit Losses Related to Unfunded Loan Commitments | The following table provides information regarding the Company’s allowance for credit losses related to unfunded loan commitments for the periods indicated: Schedule of Allowance for Credit Losses Related to Unfunded Loan Commitments
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | Three months ended |  |  | Six months ended |
(dollars in thousands) |  | June 30, |  |  | June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Balance at beginning of period |  | $ | 300 |  |  |  | 200 |  |  | $ | 250 |  |  |  | 170 |
Provision for credit losses |  |  | - |  |  |  | - |  |  |  | 50 |  |  |  | 30 |
Balance at end of period |  | $ | 300 |  |  | $ | 200 |  |  | $ | 300 |  |  | $ | 200 |
Schedule of Troubled Debt Restructurings | Schedule of Troubled Debt Restructurings
|  | As of June 30, 2023
(Dollars in thousands) |  | Amortized cost basis |  |  | % of loan class total |  |  | Financial effect
Term extension: |  |  |  |  |  |  |  |  |  |
Commercial |  | $ | 151 |  |  |  | 0.1 | % |  | 90 day payment deferral

X
- Definition Amortized Cost Basis And Collateral [Table Text Block] + References No definition available. + Details
Name: | LARK_AmortizedCostBasisAndCollateralTableTextBlock
Namespace Prefix: | LARK_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Risk Categories By Loan Class and Year of Origination [Table Text Block] + References No definition available. + Details
Name: | LARK_RiskCategoriesByLoanClassAndYearOfOriginationTableTextBlock
Namespace Prefix: | LARK_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Allowance For Credit Losses Related To Unfunded Loan Commitments [Table Text Block] + References No definition available. + Details
Name: | LARK_ScheduleOfAllowanceForCreditLossesRelatedToUnfundedLoanCommitmentsTableTextBlock
Namespace Prefix: | LARK_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration