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Securities (Tables) | 12 Months Ended
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Dec. 31, 2024
Securities [Abstract] |
Summary of Disaggregated Net Income on Equity Securities |
|  | For the Twelve Months Ended December 31, 2024 |  |  | For the Twelve Months Ended December 31, 2023 |  |  | For the Twelve Months Ended December 31, 2022
Net gains (losses) recognized during the period on equity securities | $ | 379 |  | $ | (3,361) |  | $ | (6,269)
Less: Net losses recognized during the period on equity securities sold during the period |  | - |  |  | (24) |  |  | (59)
Unrealized gains (losses) recognized during the reporting period on equity securities still held at the reporting date | $ | 379 |  | $ | (3,337) |  | $ | (6,210)
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale |
| December 31, 2024
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
More than one to five years | $ | 1,286 |  | $ | - |  | $ | 57 |  | $ | 1,229
More than five to ten years |  | 2,395 |  |  | - |  |  | 135 |  |  | 2,260
More than ten years |  | 45,345 |  |  | 188 |  |  | 3,508 |  |  | 42,025
Sub-total: |  | 49,026 |  |  | 188 |  |  | 3,700 |  |  | 45,514
Corporate Debt Securities: |  |  |  |  |  |  |  |  |  |  |
More than one to five years |  | 37,488 |  |  | - |  |  | 1,081 |  |  | 36,407
More than five to ten years |  | 22,076 |  |  | - |  |  | 2,280 |  |  | 19,796
Sub-total: |  | 59,564 |  |  | - |  |  | 3,361 |  |  | 56,203
Total Debt Securities Available-for-Sale | $ | 108,590 |  | $ | 188 |  | $ | 7,061 |  | $ | 101,717
Note 4- Securities (continued)
| December 31, 2023
|  |  |  | Gross |  | Gross |  |
| Amortized |  | Unrealized |  | Unrealized |  |  |
| Cost |  | Gains |  | Losses |  | Fair Value
| (In Thousands)
Residential Mortgage-backed securities |  |  |  |  |  |  |  |  |  |  |
More than one to five years | $ | 605 |  | $ | - |  | $ | 24 |  | $ | 581
More than five to ten years |  | 4,147 |  |  | - |  |  | 230 |  |  | 3,917
More than ten years |  | 32,833 |  |  | 192 |  |  | 2,910 |  |  | 30,115
Sub-total: |  | 37,585 |  |  | 192 |  |  | 3,164 |  |  | 34,613
Corporate Debt Securities: |  |  |  |  |  |  |  |  |  |  |
More than one to five years |  | 8,981 |  |  | - |  |  | 197 |  |  | 8,784
More than five to ten years |  | 50,583 |  |  | - |  |  | 6,211 |  |  | 44,372
Sub-total: |  | 59,564 |  |  | - |  |  | 6,408 |  |  | 53,156
Total Debt Securities Available-for-Sale | $ | 97,149 |  | $ | 192 |  | $ | 9,572 |  | $ | 87,769
Available for Sale Securities, Continuous Unrealized Loss Position, Fair Value |
| Less than 12 Months |  | More than 12 Months |  | Total
| Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
| Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
| (In Thousands)
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 10,558 |  | $ | 127 |  | $ | 24,673 |  | $ | 3,573 |  | $ | 35,231 |  | $ | 3,700
Corporate Debt Securities |  | 2,985 |  |  | 19 |  |  | 51,918 |  |  | 3,342 |  |  | 54,903 |  |  | 3,361
| $ | 13,543 |  | $ | 146 |  | $ | 76,591 |  | $ | 6,915 |  | $ | 90,134 |  | $ | 7,061
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Residential mortgage-backed securities | $ | 5,316 |  | $ | 98 |  | $ | 22,153 |  | $ | 3,066 |  | $ | 27,469 |  | $ | 3,164
Corporate Debt Securities |  | - |  |  | - |  |  | 51,856 |  |  | 6,408 |  |  | 51,856 |  |  | 6,408
| $ | 5,316 |  | $ | 98 |  | $ | 74,009 |  | $ | 9,474 |  | $ | 79,325 |  | $ | 9,572

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