XML 14 R3.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest and Dividend Income    
Loans, Including Fees $ 3,702 $ 3,346
Investment Securities 396 416
Other Interest-Earning Assets 202 173
Total Interest and Dividend Income 4,300 3,935
Interest Expense    
Deposits 2,247 1,097
Short-Term Federal Home Loan Bank Advances 5  
Total Interest Expense 2,252 1,097
Net Interest Income 2,048 2,838
Recovery of Credit Losses on Loans (100)  
Net Interest Income After Recovery of Credit Losses 2,148 2,838
Non-Interest Income    
Bank Owned Life Insurance 83 61
Loss on Investments Securities (1,144)  
Other 13 14
Total Non-Interest Income (Loss) (897) 229
Non-Interest Expense    
Salaries and Employee Benefits 1,564 1,520
Occupancy and Equipment 429 391
Federal Deposit Insurance 50 30
Directors 72 93
Professional and Legal 38 40
Audit and Examination 63 43
Data Processing 294 255
Advertising 28 69
Other 146 150
Total Non-Interest Expense 2,684 2,591
Income (Loss) Before Income Taxes (1,433) 476
Provision (Benefit) for Income Taxes (301) 100
Net Income (Loss) (1,132) 376
Deposit Service Charges and Fees    
Non-Interest Income    
Non-Interest Income (In-Scope of Topic 606) 54 51
ATM and Check Card Fees    
Non-Interest Income    
Non-Interest Income (In-Scope of Topic 606) $ 97 $ 103