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Fair Value (Tables) | 12 Months Ended
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Dec. 31, 2022
Fair Value |
Schedule of assets carried at fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Quoted Prices in | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Significant | ​ | Significant
​ | ​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ |  | Balance |  | Assets (Level 1) |  | Inputs (Level 2) |  | Inputs (Level 3)
​ | ​ | December 31, 2022
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. Treasury securities | ​ | $ | 37,857 | ​ | $ | 37,857 | ​ | $ | — | ​ | $ | —
U.S. government agency mortgage-backed securities-residential | ​ | ​ | 144,534 | ​ | ​ | — | ​ | ​ | 144,534 | ​ | ​ | —
U.S. government agency securities | ​ |  | 22,449 | ​ |  | — | ​ |  | 22,449 | ​ |  | —
Municipal securities | ​ |  | 4,786 | ​ |  | — | ​ |  | 4,656 | ​ |  | 130
Corporate Bonds | ​ | ​ | 13,217 | ​ | ​ | — | ​ | ​ | 13,217 | ​ | ​ | —
Other | ​ |  | 816 | ​ |  | — | ​ |  | 816 | ​ |  | —
Total available for sale securities | ​ | ​ | 223,659 | ​ | ​ | 37,857 | ​ | ​ | 185,672 | ​ | ​ | 130
Loan level interest rate swaps | ​ | ​ | 4,548 | ​ | ​ | — | ​ | ​ | 4,548 | ​ | ​ | —
Total assets | ​ | $ | 228,207 | ​ | $ | 37,857 | ​ | $ | 190,220 | ​ | $ | 130
Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loan level interest rate swaps | ​ | $ | 4,548 | ​ | $ | — | ​ | $ | 4,548 | ​ | $ | —
Total liabilities | ​ | $ | 4,548 | ​ | $ | — | ​ | $ | 4,548 | ​ | $ | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2021
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. Treasury securities | ​ | $ | 59,825 | ​ | $ | 59,825 | ​ | $ | — | ​ | $ | —
U.S. government agency mortgage-backed securities – residential | ​ | ​ | 176,491 | ​ | ​ | — | ​ | ​ | 176,491 | ​ | ​ | —
U.S. government agency securities | ​ |  | 24,722 | ​ |  | — | ​ |  | 24,722 | ​ |  | —
Municipal securities | ​ |  | 6,851 | ​ |  | — | ​ |  | 6,706 | ​ |  | 145
Corporate Bonds | ​ | ​ | 11,752 | ​ | ​ | — | ​ | ​ | 11,752 | ​ | ​ | —
Other | ​ |  | 642 | ​ |  | — | ​ |  | 642 | ​ |  | —
Total available for sale securities | ​ | ​ | 280,283 | ​ | ​ | 59,825 | ​ | ​ | 220,313 | ​ | ​ | 145
Loan level interest rate swaps | ​ | ​ | 644 | ​ | ​ | — | ​ | ​ | 644 | ​ | ​ | —
Total assets | ​ | $ | 280,927 | ​ | $ | 59,825 | ​ | $ | 220,957 | ​ | $ | 145
Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Loan level interest rate swaps | ​ | $ | 644 | ​ | $ | — | ​ | $ | 644 | ​ | $ | —
Total liabilities | ​ | $ | 644 | ​ | $ | — | ​ | $ | 644 | ​ | $ | —
​
Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Quoted Prices in | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Active Markets | ​ | Significant | ​ | Significant
​ | ​ | ​ | ​ | ​ | for Identical | ​ | Observable | ​ | Unobservable
​ |  | Balance |  | Assets (Level 1) |  | Inputs (Level 2) |  | Inputs (Level 3)
​ | ​ | December 31, 2022
Impaired loans, with specific reserves | ​ | $ | 319 | ​ | $ | — | ​ | $ | — | ​ | $ | 319
Total | ​ | $ | 319 | ​ | $ | — | ​ | $ | — | ​ | $ | 319
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2021
Impaired loans, with specific reserves | ​ | $ | 321 | ​ | $ | — | ​ | $ | — | ​ | $ | 321
Total | ​ | $ | 321 | ​ | $ | — | ​ | $ | — | ​ | $ | 321
​
Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quantitative Information About Level 3 Fair Value Measurements
​ | ​ | Fair Value | ​ | Valuation | ​ | Unobservable | ​ | Range
​ |  | Estimate |  | Techniques |  | Input |  | (Weighted Average)
​ | ​ | December 31, 2022
Impaired loans | ​ | $ | 319 |  | Appraisal of collateral | (1) | Liquidation expenses | (3) | 0% to 6%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Appraisal adjustments | (2) | 0% to 20%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2021
Impaired loans | ​ | $ | 321 |  | Appraisal of collateral | (1) | Liquidation expenses | (3) | 0% to 6%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Appraisal adjustments | (2) | 0% to 20%
(1) | Fair value is generally through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable.
(2) | Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraised value.
(3) | Estimated costs to sell.
Schedule of carrying value and fair values of the financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31,
​ | ​ | 2022 | ​ | 2021
​ |  | Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Financial Assets: | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Cash and cash equivalents (Level 1) | ​ | $ | 31,384 | ​ | $ | 31,384 | ​ | $ | 72,091 | ​ | $ | 72,091
Available for sale securities (Level 1) | ​ |  | 37,857 | ​ |  | 37,857 | ​ |  | 59,825 | ​ |  | 59,825
Available for sale securities (Level 2) | ​ |  | 185,672 | ​ |  | 185,672 | ​ |  | 220,313 | ​ |  | 220,313
Available for sale securities (Level 3) | ​ |  | 130 | ​ |  | 130 | ​ |  | 145 | ​ |  | 145
Loan level interest rate swaps (Level 2) | ​ | ​ | 4,548 | ​ | ​ | 4,548 | ​ | ​ | 644 | ​ | ​ | 644
FHLB stock (Level 2) | ​ |  | 3,258 | ​ |  | 3,258 | ​ |  | 1,322 | ​ |  | 1,322
Loans, net (Level 3) | ​ |  | 994,368 | ​ |  | 953,432 | ​ |  | 854,967 | ​ |  | 855,542
Mortgage servicing rights (Level 3) | ​ |  | 2,409 | ​ |  | 5,211 | ​ |  | 2,633 | ​ |  | 4,892
Financial Liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits (Level 2) | ​ |  | 1,129,933 | ​ |  | 1,001,455 | ​ |  | 1,101,999 | ​ |  | 1,083,541
Mortgagors' escrow accounts (Level 2) | ​ |  | 9,732 | ​ |  | 9,723 | ​ |  | 9,130 | ​ |  | 9,137
FHLB advances (Level 2) | ​ |  | 57,723 | ​ |  | 57,739 | ​ |  | 18,041 | ​ |  | 18,151
Subordinated debt (Level 2) | ​ |  | 5,155 | ​ |  | 5,155 | ​ |  | 5,155 | ​ |  | 5,155
Loan level interest rate swaps (Level 2) | ​ | ​ | 4,548 | ​ | ​ | 4,548 | ​ | ​ | 644 | ​ | ​ | 644

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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