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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash Flows from Operating Activities          
Net income $ 1,239,000 $ 2,190,000 $ 2,779,000 $ 3,990,000  
Adjustments to reconcile net income to net cash used in operating activities:          
Depreciation and amortization     285,000 271,000  
Amortization of debt issuance costs     8,000 16,000  
Deferred income taxes     76,000 150,000  
Recovery of credit losses       (400,000) $ (300,000)
Gain on sale of Small Business Administration loans   (79,000)   (79,000)  
Gain on sales of loans held for sale     (1,269,000) (2,668,000)  
Stock compensation expense     268,000 210,000  
Proceeds from sale of mortgage loans     60,443,000 96,113,000  
Origination of mortgage loans held for sale     (63,793,000) (96,267,000)  
Amortization of premiums and accretion of discounts on securities, net     (72,000) 88,000  
Increase in bank owned life insurance     (149,000) (144,000)  
Net change in:          
Interest receivable     169,000 (76,000)  
Other assets     (91,000) 1,702,000  
Interest payable     200,000 (7,000)  
Other liabilities     (365,000) (3,058,000)  
Net cash used in operating activities     (1,511,000) (159,000)  
Cash Flows from Investing Activities          
Purchases of available for sale securities     (2,652,000) (52,364,000)  
Proceeds from maturities, calls and paydowns of available for sale securities     4,906,000 6,314,000  
Net increase in loans     (18,134,000) (1,627,000)  
Purchases of premises and equipment, net     (427,000) (44,000)  
Purchase of restricted stock, net     (1,042,000) (20,000)  
Net cash used in investing activities     (17,349,000) (47,741,000)  
Cash Flows from Financing Activities          
Cash dividends paid     (475,000) (413,000)  
Net increase in deposits     3,639,000 10,593,000  
Net increase in other borrowings     25,000,000    
Net cash provided by financing activities     28,164,000 10,180,000  
Net decrease in cash and cash equivalents     9,304,000 (37,720,000)  
Cash and cash equivalents, beginning of period     16,678,000 92,616,000 92,616,000
Cash and cash equivalents, end of period $ 25,982,000 $ 54,896,000 25,982,000 54,896,000 $ 16,678,000
Supplemental Disclosure of Cash Flow Information          
Cash payments for interest     2,993,000 825,000  
Cash payments for taxes     337,000 321,000  
Supplemental Schedule of Non-Cash Activities          
Unrealized gains (losses) on securities available for sale     564,000 (9,037,000)  
Right of use assets obtained in exchange for new operating lease liabilities       263,000  
Minimum pension adjustment     $ 6,000 $ 6,000