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Fair Value of Financials Instruments (Tables) | 12 Months Ended
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Dec. 31, 2021
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | The following table summarizes securities available for sale measured at fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:
(In thousands) |  | Level 1 Inputs |  |  | Level 2 Inputs |  |  | Level 3 Inputs |  |  | Total Fair Value |
As of December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agencies |  | $ | - |  |  | $ | 15,402 |  |  | $ | - |  |  | $ | 15,402 |
Mortgage-backed securities |  |  | - |  |  |  | 1,754 |  |  |  | - |  |  |  | 1,754 |
As of December 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agencies |  | $ | - |  |  | $ | 14,949 |  |  | $ | - |  |  | $ | 14,949 |
Mortgage-backed securities |  |  | - |  |  |  | 2,447 |  |  |  | - |  |  |  | 2,447 |
Fair Value, by Balance Sheet Grouping [Table Text Block] | Carrying amounts and estimated fair values of other financial instruments by level of valuation input were as follows:
|  | December 31, 2021 |
(In thousands) |  | Carrying Amount |  |  | Estimated Fair Value |
Financial assets: |  |  |  |  |  |  |  |
Level 1 inputs: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 45,992 |  |  | $ | 45,992 |
Level 2 inputs: |  |  |  |  |  |  |  |
Securities available for sale |  |  | 17,156 |  |  |  | 17,156 |
Securities, restricted |  |  | 2,432 |  |  |  | 2,432 |
Loans held for sale |  |  | 33,762 |  |  |  | 37,549 |
Accrued interest receivable |  |  | 2,268 |  |  |  | 3,787 |
Level 3 inputs: |  |  |  |  |  |  |  |
Securities held to maturity |  |  | 19,673 |  |  |  | 19,673 |
Securities not readily marketable |  |  | 100 |  |  |  | 100 |
Loans, net |  |  | 424,595 |  |  |  | 430,810 |
Servicing asset |  |  | 503 |  |  |  | 503 |
Financial liabilities: |  |  |  |  |  |  |  |
Level 1 inputs: |  |  |  |  |  |  |  |
Non-interest bearing deposits |  |  | 88,876 |  |  |  | 88,876 |
Level 2 inputs: |  |  |  |  |  |  |  |
Interest bearing deposits |  |  | 355,293 |  |  |  | 359,606 |
Borrowed funds |  |  | 46,521 |  |  |  | 46,521 |
Accrued interest payable |  |  | 561 |  |  |  | 561 |
|  | December 31, 2020 |
(In thousands) |  | Carrying Amount |  |  | Estimated Fair Value |
Financial assets: |  |  |  |  |  |  |  |
Level 1 inputs: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 46,868 |  |  | $ | 46,868 |
Level 2 inputs: |  |  |  |  |  |  |  |
Securities available for sale |  |  | 17,396 |  |  |  | 17,396 |
Securities, restricted |  |  | 2,431 |  |  |  | 2,431 |
Loans held for sale |  |  | 14,864 |  |  |  | 16,462 |
Accrued interest receivable |  |  | 2,440 |  |  |  | 2,440 |
Level 3 inputs: |  |  |  |  |  |  |  |
Securities held to maturity |  |  | 5,776 |  |  |  | 5,776 |
Securities not readily marketable |  |  | 100 |  |  |  | 100 |
Loans, net |  |  | 397,601 |  |  |  | 389,143 |
Servicing asset |  |  | 809 |  |  |  | 809 |
Financial liabilities: |  |  |  |  |  |  |  |
Level 1 inputs: |  |  |  |  |  |  |  |
Non-interest bearing deposits |  |  | 57,112 |  |  |  | 57,112 |
Level 2 inputs: |  |  |  |  |  |  |  |
Interest bearing deposits |  |  | 290,903 |  |  |  | 292,174 |
Borrowed funds |  |  | 95,690 |  |  |  | 95,690 |
Accrued interest payable |  |  | 596 |  |  |  | 596 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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