Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2024

Investments, All Other Investments [Abstract]

Schedule of Estimated Fair Value of Financial Instruments

	At March 31, 2024						At December 31, 2023
	Carrying Amount		Fair Value		Level		Carrying Amount		Fair Value		Level
Financial assets:
Cash and cash equivalents	$	151,107	$	151,107		1	$	76,663	$	76,663		1
Debt securities available for sale		23,580		23,580		2		24,355		24,355		2
Debt securities held-to-maturity		336		297		2		360		326		2
Loans		746,370		723,733		3		671,094		652,965		3
Federal Home Loan Bank stock		2,454		2,454		3		3,354		3,354		3
Accrued interest receivable		2,990		2,990		3		2,474		2,474		3
Financial liabilities:
Deposit liabilities		798,409		799,312		3		639,581		645,426		3
Federal Home Loan Bank advances		40,000		39,533		3		62,000		61,565		3
Federal Reserve Bank advances		13,355		13,282		3		13,600		13,592		3
Off-balance sheet financial instruments		—		—		3		—		—