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Condensed Financial Information (Parent Company Only) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Condensed Financial Information (Parent Company Only) |
Schedule of Condensed Balance Sheets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2022 |  | 2021
​ | ​ | (In thousands)
Assets | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 11,273 | ​ | $ | 9,092
Investment in the Bank | ​ |  | 69,914 | ​ |  | 85,954
Other assets | ​ |  | 3,110 | ​ |  | 1,182
​ | ​ |  | ​ | ​ |  | ​
Total assets | ​ | $ | 84,297 | ​ | $ | 96,228
​ | ​ |  | ​ | ​ |  | ​
Liabilities and Stockholders’ Equity | ​ |  | ​ | ​ |  | ​
Subordinated debentures | ​ | $ | 23,726 | ​ | $ | 23,665
Other liabilities | ​ |  | 834 | ​ |  | 862
Stockholders’ equity | ​ |  | 59,737 | ​ |  | 71,701
​ | ​ |  | ​ | ​ |  | ​
Total liabilities and stockholders’ equity | ​ | $ | 84,297 | ​ | $ | 96,228
​
Schedule of Condensed Statements of Income and Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2022 |  | 2021
​ | ​ | (In thousands)
Operating Income |  | ​ |  |  | ​ |
Dividends from subsidiary | ​ | $ | 10,779 | ​ | $ | 12,363
Interest and dividend income from securities and federal funds | ​ |  | — | ​ |  | —
​ | ​ |  | ​ | ​ |  | ​
Total operating income | ​ |  | 10,779 | ​ |  | 12,363
​ | ​ |  | ​ | ​ |  | ​
General, Administrative and Other Expenses | ​ |  | 4,498 | ​ |  | 4,210
​ | ​ |  | ​ | ​ |  | ​
Income (Loss) Before Income Taxes and Equity in Undistributed Income of Subsidiary | ​ |  | 6,281 | ​ |  | 8,153
​ | ​ |  | ​ | ​ |  | ​
Income Tax Benefits | ​ |  | 1,095 | ​ |  | 773
​ | ​ |  | ​ | ​ |  | ​
Income (Loss) Before Equity in Undistributed Income of Subsidiary | ​ |  | 7,376 | ​ |  | 8,926
​ | ​ |  | ​ | ​ |  | ​
Equity in Undistributed Income of Subsidiary | ​ |  | 1,281 | ​ |  | 525
​ | ​ |  | ​ | ​ |  | ​
Net Income | ​ | $ | 8,657 | ​ | $ | 9,451
​ | ​ |  | ​ | ​ |  | ​
Comprehensive (Loss) Income | ​ | $ | (7,643) | ​ | $ | 7,132
​
Schedule of Condensed Statements of Cash Flows | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ |  | 2022 |  | 2021
​ | ​ | (In thousands)
Operating Activities | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 8,657 | ​ | $ | 9,451
Items not requiring (providing) cash | ​ |  | ​ | ​ | ​ | ​
Equity in undistributed income of subsidiary | ​ |  | (1,281) | ​ | ​ | (525)
Amortization of share-based compensation plans | ​ |  | 1,005 | ​ | ​ | 404
Net change in other assets and other liabilities | ​ |  | (874) | ​ | ​ | 251
​ | ​ |  | ​ | ​ | ​ | ​
Net cash provided by operating activities | ​ |  | 7,507 | ​ | ​ | 9,581
​ | ​ |  | ​ | ​ | ​ | ​
Investing Activities | ​ |  | ​ | ​ | ​ | ​
​ | ​ |  | ​ | ​ | ​ | ​
Net cash used in investing activities | ​ |  | — | ​ | ​ | —
​ | ​ |  | ​ | ​ | ​ | ​
Financing Activities | ​ |  | ​ | ​ | ​ | ​
Repurchase of common stock | ​ |  | (767) | ​ | ​ | (72)
Dividends paid to stockholders | ​ |  | (4,559) | ​ | ​ | (4,101)
​ | ​ |  | ​ | ​ | ​ | ​
Net cash used in financing activities | ​ |  | (5,326) | ​ | ​ | (4,173)
​ | ​ |  | ​ | ​ | ​ | ​
Net Change in Cash and Cash Equivalents | ​ |  | 2,181 | ​ | ​ | 5,408
​ | ​ |  | ​ | ​ | ​ | ​
Cash and Cash Equivalents at Beginning of Year | ​ | ​ | 9,092 | ​ | ​ | 3,684
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and Cash Equivalents at End of Year | ​ | $ | 11,273 | ​ | $ | 9,092

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