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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net Income (Loss) $ 146 $ (103)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by (Used in) Operating Activities:    
Provision for Loan Losses   (2)
Depreciation Expense 41 58
Amortization of FHLB Advance Prepayment Penalty 25 59
Net Amortization (Accretion) of Premium/Discount on Mortgage-Backed Securities 13 (21)
Stock Dividend on Federal Home Loan Bank Stock (8) (22)
Non-cash Compensation for ESOP 59 46
Net Decrease (Increase) in Loans Held-for-Sale 3,209 (1,973)
Changes in Assets and Liabilities:    
Decrease (Increase) in Accrued Interest Receivable 15 (115)
(Increase) in CSV of Life Insurance (88) (93)
Decrease (Increase) in Prepaid Expenses and Other Assets 86 (75)
(Decrease) Increase in Accrued Expenses and Other Liabilities (105) 95
Net Cash Provided by (Used in) Operating Activities 3,393 (2,146)
Cash Flows from Investing Activities:    
Net (Increase) Decrease in Loans (6,051) 8,893
Proceeds from Maturities of Interest-Bearing Deposits in Banks 25,731 20,962
Purchases of Interest-Bearing Deposits in Banks (23,985) (28,710)
Purchases of Investment Securities (1,001) (1,919)
Proceeds from Sales, Calls and Principal Repayments of Investment Securities 1,685 1,291
Purchases of Premises and Equipment (6) (15)
Net Cash (Used in) Provided by Investing Activities (3,627) 502
Cash Flows from Financing Activities:    
Net Increase (Decrease) in Deposits 4,535 (1,617)
Shares Repurchased (280) (2,349)
Advances from Federal Home Loan Bank 2,000 4,000
Payments on Advances from Federal Home Loan Bank (3,250) (6,197)
Net Increase (Decrease) in Advance Payments by Borrowers for Taxes and Insurance 593 (116)
Net Cash Provided by (Used in) Financing Activities 3,598 (6,279)
Net Increase (Decrease) in Cash and Cash Equivalents 3,364 (7,923)
Cash and Cash Equivalents at Beginning of Period 3,952 11,875
Cash and Cash Equivalents at End of Period 7,316 3,952
Cash Paid (Received) for:    
Interest 1,197 1,665
Income Taxes (23) (38)
Supplemental Schedule for Noncash Investing and Financing Activities:    
Change in the Unrealized Gain/Loss on Investment Securities $ (24) $ 79