Employee Benefits (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Schedule of Company Compensation Expense for the ESOP

the Company records compensation expense for the ESOP equal to fair market value of shares when they are committed to be released from the suspense account to participants’ accounts under the plan.

	December 31,
	2022		2021
Shares held by the ESOP include the following:
Allocated		35,772		23,848
Committed to be allocated		11,924		11,924
Unallocated		190,777		202,701
Total		238,473		238,473

Schedule of Funded Status Valuation Report Percentage

The funded status (fair value of plan assets divided by funding target) per the 2022 valuation report as of July 1, 2022 was 96.24%. The fair value of plan assets reflects any contributions received through June 30, 2022. The funded status (fair value of plan assets divided by funding target) per the 2021 valuation report as of July 1, 2021 was 104.99%. The fair value of plan assets reflects any contributions received through June 30, 2021.