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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Common Stock [Member]
Voting Common Stock [Member]
Common Stock [Member]
Nonvoting Common Stock [Member]
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Unearned ESOP Shares [Member]
Voting Common Stock [Member]
Total
Balance on January 1, 2022 at Dec. 31, 2021     $ 28,383 $ 25   $ 14,647 $ (920) $ (1,465)   $ 40,670
Beginning Balance, Shares at Dec. 31, 2021       2,523,398            
Net income for 2022     1,330   $ 1,330 1,330
Other comprehensive loss on AFS securities       (7,161)   (7,161)
Restricted stock award, Shares       9,500                
Restricted stock forfeiture        
Restricted stock forfeiture, Shares       (7,439)                
Amortization of equity awards       292 59   351
Repurchase of common stock       (78)   (78)
Share repurchase, Shares       (5,297)                
Issuance of common stock, net of issuance costs     $ 5   6,207   6,212
Issuance of common stock, net of cost           511,408            
Issuance of Series A preferred stock, net of issuance costs       $ 5 7,301   7,306
Issuance of common stock, net of cost, Shares             521,849          
Dividends paid - $0.28 per share     (700)     (700)
Defined benefit plan       1,308   1,308
Restricted stock forfeiture        
Stock option exercise, Shares       1,036                
Balance on December 31, 2022 (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022                    
Balance on December 31, 2022 at Dec. 31, 2022 29,013 $ 30   $ 5 28,369 (6,773) (1,406)   49,238
Ending Balance, Shares at Dec. 31, 2022       3,032,606   521,849          
Cumulative adjustment for day one adoption of ASU 2016-13, net of tax | Accounting Standards Update 2016-13 [Member]                    
Cumulative adjustment for day one adoption of ASU 2016-13, net of tax (654) (654)                    
Balance on December 31, 2022 (Accounting Standards Update 2016-13 [Member]) at Jan. 01, 2023     28,359                 48,584
Balance on December 31, 2022 at Jan. 01, 2023                    
Balance on January 1, 2022 (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022                    
Balance on January 1, 2022 at Dec. 31, 2022 29,013 $ 30   $ 5 28,369 (6,773) (1,406)   49,238
Beginning Balance, Shares at Dec. 31, 2022       3,032,606   521,849          
Net income for 2022     (3,402)   $ (3,402) (3,402)
Other comprehensive loss on AFS securities       1,213   1,213
Restricted stock award, Shares       10,250                
Restricted stock forfeiture        
Restricted stock forfeiture, Shares       (2,050)                
Amortization of equity awards       90 60   150
Repurchase of common stock       (210)   (210)
Share repurchase, Shares       (15,000)                
Issuance of common stock, net of issuance costs     $ 9   10,858   10,867
Issuance of common stock, net of cost           848,089            
Issuance of Series A preferred stock, net of issuance costs       $ 3 4,172   4,175
Issuance of common stock, net of cost, Shares             298,266          
Conversion of Series A preferred stock to non voting common stock     $ 8   $ (8)  
Conversion of Series A preferred stock to non voting common stock, Shares         820,115   (820,115)          
Dividends paid - $0.28 per share     (656)     (656)
Restricted stock forfeiture        
Balance on December 31, 2022 at Dec. 31, 2023     $ 24,301 $ 39 $ 8   $ 43,279 $ (5,560) $ (1,346)   $ 60,721
Ending Balance, Shares at Dec. 31, 2023       3,873,895 820,115