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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Interest and dividend income:            
Loans, including fees $ 38,278 $ 42,857 $ 44,133 $ 115,855 $ 130,615 $ 125,666
Mortgage-backed securities 843 303 217 2,169 905 587
Other investment securities 1,114 994 1,045 3,139 2,975 3,235
FHLB stock and other interest earning assets 2,807 4,472 3,672 9,252 12,861 9,168
Total interest income 43,042 48,626 49,067 130,415 147,356 138,656
Deposits:            
Demand 5,608 5,686 4,556 16,610 16,292 11,900
Savings and club 233 146 182 601 464 443
Certificates of deposit 9,445 13,670 10,922 29,377 43,224 25,849
Total deposits 15,286 19,502 15,660 46,588 59,980 38,192
Borrowings 4,045 6,079 7,727 15,009 17,549 20,324
Total interest expense 19,331 25,581 23,387 61,597 77,529 58,516
Net interest income 23,711 23,045 25,680 68,818 69,827 80,140
Provision for credit losses on loans 4,080 2,890 2,205 29,816 7,416 4,177
Net interest income after provision for credit losses on loans 19,631 20,155 23,475 39,002 62,411 75,963
Non-interest income:            
Fees and service charges 1,311 1,196 1,349 3,789 3,530 3,889
BOLI income 931 652 466 2,325 1,998 1,154
(Loss) gain on sales of loans 21 35 19 21 (4,771) 25
Realized and unrealized gains (losses) on equity investments 350 1,132 (494) 127 1,040 (4,390)
Other 132 112 66 350 205 182
Total non-interest income 2,745 3,127 1,406 6,612 2,002 860
Non-interest expense:            
Salaries and employee benefits 8,324 7,139 7,524 23,440 21,112 22,853
Occupancy and equipment 2,562 2,591 2,622 7,787 7,764 7,734
Data processing and communications 2,047 1,681 1,787 5,937 5,206 5,247
Professional fees 800 618 560 2,259 1,817 1,748
Director fees 305 351 274 1,036 882 809
Regulatory assessments 984 666 1,111 2,497 2,761 2,443
Advertising and promotional 284 182 317 679 651 945
Other real estate owned, net     1     3
Other 1,264 701 1,267 2,863 2,561 2,241
Total non-interest expense 16,570 13,929 15,463 46,498 42,754 44,023
Income (Loss) before income tax provision 5,806 9,353 9,418 (884) 21,659 32,800
Income tax provision (benefit) 1,544 2,685 2,707 (386) 6,308 9,379
Net Income (Loss) 4,262 6,668 6,711 (498) 15,351 23,421
Preferred stock dividends 482 475 173 1,446 1,357 520
Net Income (Loss) available to common stockholders $ 3,780 $ 6,193 $ 6,538 $ (1,944) $ 13,994 $ 22,901
Net Income (Loss) per common share-basic and diluted            
Basic $ 0.22 $ 0.36 $ 0.39 $ (0.11) $ 0.82 $ 1.36
Diluted $ 0.22 $ 0.36 $ 0.39 $ (0.11) $ 0.82 $ 1.35
Weighted average number of common shares outstanding            
Basic 17,207 17,039 16,830 17,165 16,991 16,868
Diluted 17,207 17,064 16,854 17,165 16,992 16,951