Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
ASSETS:
Cash and due from banks	$ 4,051	$ 4,168
Interest earning deposits	16,946	22,662
Total cash and cash equivalents	20,997	26,830
Interest-bearing time deposits in banks	650
Investment securities available-for-sale, at fair value	36,975	17,926
Investment securities held-to-maturity (fair value 2021-$1,150, 2020-$1,510)	1,128	1,480
Equity investment securities, at fair value	350	661
Federal Home Loan Bank stock, at cost	1,450	1,992
Loans	279,961	287,461
Less: Allowance for loan losses	(1,841)	(1,821)
Loans receivable, net	278,120	285,640
Premises and equipment, net	15,345	16,743
Bank-owned life insurance	7,890	7,777
Pension plan asset	11,107	8,720
Foreclosed real estate & repossessed assets	27	45
Goodwill	792	792
Intangible assets, net	783	848
Accrued interest receivable	1,249	1,179
Other assets	2,086	3,167
Total assets	378,949	373,800
Deposits:
Noninterest-bearing	57,540	65,673
Interest-bearing	254,509	243,873
Total deposits	312,049	309,546
Long-term borrowings	17,760	27,628
Subordinated debt		1,235
Advances from borrowers for taxes and insurance	2,443	2,595
Deferred tax liability	1,118	786
Other liabilities	2,100	2,124
Total liabilities	335,470	343,914
Shareholders' equity:
Preferred stock, par value $0.01; 1,000,000 shares authorized; none issued
Common stock, par value $0.01; 14,000,000 and 9,000,000 shares authorized in 2021 and 2020, respectively; 2,458,401 and 2,546,836(1) shares issued in 2021 and 2020, respectively; and 2,458,401 and 2,458,580(1) shares outstanding in 2021 and 2020 respectively	26	26
Additional paid in capital	24,494	11,954
Retained earnings	21,669	20,256
Accumulated other comprehensive loss	(966)	(1,415)
Treasury stock, at cost; 88,256 shares in 2020(1)		(614)
Stock held in rabbi trust	(654)	(290)
Unearned ESOP shares, at cost	(1,090)	(31)
Total shareholders' equity	43,479	29,886
Total liabilities and shareholders' equity	$ 378,949	$ 373,800