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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Measurements |
Schedule of assets and liabilities measured at fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | Fair Value Measurements | ​ | Estimated
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
Investment Securities Available-for-Sale |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
U.S. Government Agencies | ​ | $ | — | ​ | $ | 989 | ​ | $ | — | ​ | $ | 989
Mortgage-Backed Securities | ​ |  | — | ​ |  | 86,799 | ​ |  | — | ​ |  | 86,799
Collateralized Mortgage Obligations | ​ |  | — | ​ |  | 2,127 | ​ |  | — | ​ |  | 2,127
Corporate Bonds | ​ | ​ | — | ​ | ​ | 10,500 | ​ | ​ | — | ​ | ​ | 10,500
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | — | ​ | $ | 100,415 | ​ | $ | — | ​ | $ | 100,415
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | Fair Value Measurements | ​ | Estimated
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
Investment Securities Available-for-Sale |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
U.S. Government Agencies | ​ | $ | — | ​ | $ | 996 | ​ | $ | — | ​ | $ | 996
Mortgage-Backed Securities | ​ |  | — | ​ |  | 85,419 | ​ |  | — | ​ |  | 85,419
Collateralized Mortgage Obligations | ​ | ​ | ​ | ​ | ​ | 2,322 | ​ | ​ | — | ​ | ​ | 2,322
Corporate Bonds | ​ |  | — | ​ |  | 4,250 | ​ |  | — | ​ |  | 4,250
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | — | ​ | $ | 92,987 | ​ | $ | — | ​ | $ | 92,987
Schedule of assets and liabilities measured at fair value on a non-recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | Fair Value Measurements | ​ | Estimated
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
Assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Collateral Dependent Loans | ​ | $ | — | ​ | $ | — | ​ | $ | 1,268 | ​ | $ | 1,268
Real Estate Owned | ​ |  | — | ​ |  | — | ​ |  | 42 | ​ |  | 42
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | — | ​ | $ | — | ​ | $ | 1,310 | ​ | $ | 1,310
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Total
​ | ​ | Fair Value Measurements | ​ | Estimated
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
Assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Collateral Dependent Loans | ​ | $ | — | ​ | $ | — | ​ | $ | 1,075 | ​ | $ | 1,075
Real Estate Owned | ​ |  | — | ​ |  | — | ​ |  | 42 | ​ |  | 42
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | — | ​ | $ | — | ​ | $ | 1,117 | ​ | $ | 1,117
Schedule of significant unobservable inputs used in the fair value measurement of Level 3 assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Valuation | ​ | Unobservable | ​ | Range of | ​ | Weighted Average
June 30, 2025 |  | Technique |  | Inputs |  | Discount |  | Discount
Collateral Dependent Loans |  | Third-party appraisals and discounted cash flows |  | Collateral discounts and estimated costs to sell |  | 6% - 10% | ​ | 6%
Real Estate Owned |  | Third-party appraisals, sales contracts or brokered price options |  | Collateral discounts and estimated costs to sell |  | 6% - 10% | ​ | 6%
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Valuation | ​ | Unobservable | ​ | Range of | ​ | Weighted Average
December 31, 2024 |  | Technique |  | Inputs |  | Discount |  | Discount
Collateral Dependent Loans |  | Third-party appraisals and discounted cash flows |  | Collateral discounts and estimated costs to sell |  | 6% - 10% | ​ | 6%
Real Estate Owned |  | Third-party appraisals, sales contracts or brokered price options |  | Collateral discounts and estimated costs to sell |  | 6% - 10% | ​ | 6%
Schedule of carrying amount and estimated fair value of financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025
​ | ​ | Carrying | ​ | Fair Value Measurements
(in thousands) |  | Value |  | Level 1 |  | Level 2 |  | Level 3
Financial Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and Cash Equivalents | ​ | $ | 27,694 | ​ | $ | 27,694 | ​ | $ | — | ​ | $ | —
Investment Securities Available-for-Sale | ​ |  | 100,415 | ​ |  | — | ​ |  | 100,415 | ​ |  | —
Restricted Stock | ​ |  | 922 | ​ |  | — | ​ |  | — | ​ |  | 922
Loans Receivable, Net | ​ |  | 379,607 | ​ |  | — | ​ |  | — | ​ |  | 323,635
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial Liabilities | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Deposits | ​ |  | 398,243 | ​ |  | — | ​ |  | — | ​ |  | 357,374
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024
​ | ​ | Carrying | ​ | Fair Value Measurements
(in thousands) |  | Value |  | Level 1 |  | Level 2 |  | Level 3
Financial Assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and Cash Equivalents | ​ | $ | 37,916 | ​ | $ | 37,916 | ​ | $ | — | ​ | $ | —
Investment Securities Available-for-Sale | ​ |  | 92,987 | ​ |  | — | ​ |  | 92,987 | ​ |  | —
Restricted Stock | ​ |  | 910 | ​ |  | — | ​ |  | — | ​ |  | 910
Loans Receivable, Net | ​ |  | 367,333 | ​ |  | — | ​ |  | — | ​ |  | 308,645
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial Liabilities | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ |  | 391,476 | ​ |  | — | ​ |  | — | ​ |  | 351,041

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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://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + 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://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of liabilities measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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