XML 12 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 9,699,813 $ 9,275,184
Interest-earning demand deposits 25,098,428 23,855,310
Cash and cash equivalents 34,798,241 33,130,494
Interest-earning time deposits 2,820,000 2,070,000
Investment securities - available for sale 245,518,902 251,915,497
Investment securities - held to maturity 2,353,338 2,747,889
Loans held for sale 835,000 828,000
Loans and leases, net of allowance for credit losses of $16,740,001 and $16,465,708, respectively 1,174,121,856 1,176,812,906
Premises and equipment, net 13,497,339 13,396,583
Federal Home Loan Bank stock 13,907,100 13,907,100
Interest receivable 6,175,120 6,299,925
Mortgage-servicing rights 1,876,847 1,883,446
Cash surrender value of life insurance 3,978,362 3,953,634
Other assets 19,334,279 18,845,066
Total assets 1,519,216,384 1,525,790,540
Liabilities    
Noninterest-bearing deposits 99,400,478 100,090,746
Interest-bearing deposits 1,006,964,883 1,014,802,514
Total deposits 1,106,365,361 1,114,893,260
Federal Home Loan Bank advances 256,000,000 240,000,000
Other borrowings 0 12,000,000
Advances by borrowers for taxes and insurance 768,162 650,674
Interest payable 2,661,914 3,456,973
Other liabilities 8,510,534 9,008,533
Total liabilities 1,374,305,971 1,380,009,440
Commitments and Contingent Liabilities 0 0
Stockholders' Equity    
Common stock 105,013 105,013
Additional paid-in capital 92,988,675 92,897,260
Retained earnings 98,644,946 97,324,605
Unearned employee stock ownership plan (ESOP) (9,803,264) (9,987,093)
Accumulated other comprehensive loss (37,024,957) (34,558,685)
Total stockholders' equity 144,910,413 145,781,100
Total liabilities and stockholders' equity $ 1,519,216,384 $ 1,525,790,540