XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 19,573 $ 7,100
Securities available-for-sale, at fair value 142,520 120,217
Federal Home Loan Bank stock 2,431 2,498
Total loans 433,544 438,967
Less allowance for credit losses on loans (3,517) (3,486)
Net loans 430,027 435,481
Land, building and equipment, net 594 754
Bank-owned life insurance 4,854 4,768
Accrued interest receivable 2,179 2,103
Other assets 7,449 7,859
Total assets 609,627 580,780
Deposits:    
Non-interest bearing deposits 69,569 62,168
Interest bearing deposits 410,464 392,040
Total deposits 480,033 454,208
Advances from Federal Home Loan Bank 51,748 52,268
Mortgagors’ tax escrow 2,112 654
Deferred compensation liability 2,629 2,392
Other liabilities 9,945 9,208
Total liabilities 546,467 518,730
Stockholders' Equity:    
Preferred Stock, $.01 par value, 10,000,000 shares authorized, none issued
Common Stock, $.01 par value, 90,000,000 shares authorized; 5,304,812 issued and 4,698,077 outstanding at September 30, 2025; and 5,304,812 issued and 4,785,569 outstanding at December 31, 2024 53 53
Additional paid-in capital 54,360 53,900
Retained earnings 24,326 25,084
Accumulated other comprehensive loss (5,076) (7,044)
Treasury stock, at cost: 606,735 shares as of September 30, 2025 and 519,243 shares as of December 31, 2024 (6,020) (5,085)
Unearned stock compensation (4,483) (4,858)
Total stockholders' equity 63,160 62,050
Total liabilities and stockholders' equity $ 609,627 $ 580,780