Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)	Jun. 30, 2025	Dec. 31, 2024
Assets
Cash and due from banks	$ 9,471,838	$ 18,020,527
Interest-bearing deposits in other banks	10,861,717	34,211,681
Cash and cash equivalents	20,333,555	52,232,208
Securities available for sale, at fair value	144,602,468	140,307,447
Loans, net of allowance for credit losses of $2,590,950 and $2,620,949, respectively	693,211,303	711,716,236
Premises and equipment, net	4,561,786	4,727,302
Federal Home Loan Bank (FHLB) stock and other restricted securities	7,204,900	8,803,000
Accrued interest receivable	4,225,196	4,232,563
Core deposit intangibles	129,255	152,893
Bank-owned life insurance	31,329,401	31,859,604
Right of use asset	10,506,417	10,776,596
Other assets	5,730,379	6,682,035
Total Assets	921,834,660	971,489,884
Liabilities and Equity
Non-interest bearing deposits	30,696,810	32,681,963
Interest bearing deposits	597,532,976	609,506,079
Total deposits	628,229,786	642,188,042
FHLB advances-short term	40,000,000	29,500,000
FHLB advances-long term	95,944,439	142,673,182
Advance payments by borrowers for taxes and insurance	3,223,479	2,809,205
Lease liabilities	10,579,107	10,780,363
Other liabilities	5,418,148	6,249,932
Total liabilities	783,394,959	834,200,724
Stockholders’ Equity
Preferred stock $0.01 par value 1,000,000 shares authorized, none issued and outstanding at June 30, 2025 and December 31, 2024	0	0
Common stock $0.01 par value, 30,000,000 shares authorized, 13,008,389 issued and outstanding at June 30, 2025 and 13,059,175 at December 31, 2024	130,083	130,592
Additional paid-in capital	55,260,550	55,269,962
Retained earnings	90,961,990	90,006,648
Unearned ESOP shares (369,670 shares at June 30, 2025 and 382,933 shares at December 31, 2024)	(4,369,992)	(4,520,594)
Accumulated other comprehensive loss	(3,542,930)	(3,597,448)
Total stockholders’ equity	138,439,701	137,289,160
Total liabilities and stockholders’ equity	$ 921,834,660	$ 971,489,884