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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 632 $ 1,927
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,153 808
Depreciation 502 490
Net change of deferred loan origination costs 370 264
Net accretion of premiums and discounts on available-for-sale securities (674) (778)
Accretion of purchase accounting marks on loans (286) (148)
Amortization of core deposit intangible 252 293
Accretion of premium on FHLB advances (8) (18)
ESOP compensation expense 137 33
Earnings on bank owned life insurance (34) (31)
Change in assets and liabilities:    
Net change in deferred taxes (601) 579
Net change in accrued interest receivable (806) (952)
Net change in other assets 1,331 (266)
Net change in accrued expenses and other liabilities 1,972 1,554
Net cash provided by operating activities 4,235 4,023
Cash flows from investing activities:    
Net change in loans receivable held for investment (87,568) (70,043)
Principal payments on available-for-sale securities 85,106 10,498
Purchase of FHLB stock (136) (7,534)
Proceeds from redemption of FHLB stock 0 3,939
Proceeds from redemption of FRB stock 0 1,721
Purchase of office properties and equipment (129) (114)
Net cash used in investing activities (2,727) (61,533)
Cash flows from financing activities:    
Net change in deposits (10,387) (15,447)
Net change in securities sold under agreements to repurchase 16,323 12,344
Purchase of unreleased ESOP shares 0 (3,400)
Repayment of notes payable (14,000) 0
Cash dividends paid - ECIP (817) 0
Proceeds from FHLB advances 176,000 329,000
Repayments of FHLB advances (176,743) (269,605)
Net cash (used in) provided by financing activities (9,624) 52,892
Net change in cash and cash equivalents (8,116) (4,618)
Cash and cash equivalents at beginning of the period 105,195 16,105
Cash and cash equivalents at end of the period 97,079 11,487
Supplemental disclosures of cash flow information:    
Cash paid for interest 19,285 11,785
Cash paid for income taxes 317 236
Directors [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 96 95
Employees, Excluding Directors [Member]    
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense $ 199 $ 173