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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
INTEREST INCOME    
Loans receivable, including fees $ 6,965,000 $ 7,827,000
Investment securities 674,000 568,000
Other 60,000 95,000
Total interest income 7,699,000 8,490,000
INTEREST EXPENSE    
Deposits 523,000 920,000
Advances from Federal Home Loan Bank 272,000 785,000
Total interest expense 795,000 1,705,000
Net interest income 6,904,000 6,785,000
Provision for (reversal of) loan losses (660,000) 985,000
Net interest income after provision for (reversal of) loan losses 7,564,000 5,800,000
NON-INTEREST INCOME    
Service charges on deposit accounts 641,000 575,000
Gain on sale of fixed assets 24,000 16,000
Bank-owned life insurance 90,000 70,000
Federal community development grant 1,826,000 203,000
Other 45,000 102,000
Total non-interest income 2,626,000 966,000
NON-INTEREST EXPENSE    
Salaries and employee benefits 4,631,000 3,644,000
Occupancy and equipment 818,000 678,000
Data processing and communication 790,000 612,000
Professional fees 388,000 273,000
Directors' fees 279,000 219,000
ATM and debit card 201,000 151,000
Foreclosed assets, net 75,000 287,000
Advertising and marketing 43,000 86,000
Prepayment penalties on FHLB advances   1,510,000
Other 551,000 483,000
Total non-interest expense 7,776,000 7,943,000
Income (loss) before income tax expense (benefit) 2,414,000 (1,177,000)
Income tax expense (benefit) 487,000 (474,000)
NET INCOME (LOSS) $ 1,927,000 $ (703,000)
Earnings per share - basic $ 0.40