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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income $ 5,027,000 $ 16,156,000
Adjustments to reconcile net income to net cash used in operating activities:    
Reversal of provision for credit losses (3,000) (576,000)
Reversal of provision for credit losses   (576,000)
Depreciation and amortization 1,093,000 1,181,000
Deferred income tax expense (525,000) 1,090,000
(Accretion) amortization of fees, discounts, and premiums, net (367,000) (171,000)
Amortization of right-of-use asset 2,820,000 2,946,000
Origination of loans held for sale (813,000) (5,302,000)
Proceeds from sales of loans held for sale 823,000 5,299,000
(Gain) loss on sale of loans, net (10,000) 3,000
Net loss on disposal of premises and equipment 5,000  
Proceeds from bank-owned life insurance   (1,138,000)
ESOP expense 692,000 1,091,000
Share-based compensation expense 177,000 480,000
Net decrease (increase) in accrued interest receivable (34,000) (329,000)
Net increase in bank-owned life insurance (855,000) (792,000)
Net decrease (increase) in prepaid expenses and other assets (1,537,000) 289,000
Net decrease in accounts payable and accrued expenses 863,000 1,006,000
Net decrease in lease liability 1,309,000 (2,911,000)
Net increase (decrease) in advance payments by borrowers for taxes and insurance 774,000 (630,000)
Net increase in income taxes payable (1,182,000) (1,026,000)
Net cash used in operating activities 8,257,000 16,666,000
Cash flows from investing activities:    
Purchases of investment securities held to maturity (6,693,000) (142,336,000)
Purchases of investment securities available for sale   (24,760,000)
Principal repayments on investment securities held to maturity 38,859,000 61,009,000
Principal repayments on investment securities available for sale 1,038,000 1,279,000
Principal repayments on loans receivable, net of loan originations (11,640,000) 8,739,000
Purchases of Federal Home Loan Bank stock (5,887,000) (1,304,000)
Proceeds from redemption of Federal Home Loan Bank stock 1,892,000 1,280,000
Purchases of Federal Reserve Bank stock (11,000) (13,000)
Proceeds from redemption of Federal Reserve Bank Stock 1,000  
Proceeds from bank-owned life insurance   5,569,000
Purchases of premises and equipment (685,000) (4,715,000)
Net cash provided by (used in) investing activities 16,874,000 (95,252,000)
Cash flows from financing activities:    
Net decrease in deposits (79,548,000) 34,324,000
Proceeds from advances from the Federal Home Loan Bank 146,000,000 22,000,000
Repayments of advances from the Federal Home Loan Bank (45,000,000) (22,000,000)
Proceeds from advances from the Federal Reserve Bank 90,020,000  
Repayments of advances from the Federal Reserve Bank (40,020,000)  
Repurchases of common stock (4,065,000) (5,973,000)
Cash dividends paid (6,412,000) (9,071,000)
Net cash provided by (used in) financing activities 60,975,000 19,280,000
Net change in cash and cash equivalents 86,106,000 (59,306,000)
Cash and cash equivalents at beginning of the year 40,553,000 99,859,000
Cash and cash equivalents at end of the year 126,659,000 40,553,000
Cash paid for:    
Interest on deposits and borrowings 25,975,000 6,549,000
Income taxes 3,516,000 5,254,000
Supplemental disclosure of noncash investing and financing activities:    
Company stock repurchased through stock swap and net settlement transactions 121,000 236,000
Establishment of right-of-use asset, net of incentives and modifications 693,000 7,462,000
Establishment of lease liability, net of modifications $ 693,000 $ 7,462,000