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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 5,876 $ 7,092
Interest-earning deposits in other depository institutions 83,790 34,333
Cash and cash equivalents 89,666 41,425
Investment securities available-for-sale 40,739 36,502
Investment securities held-to-maturity (estimated fair value of $24,724 net of allowance for credit losses of $37 at June 30, 2025 and estimated fair value of $27,286 net of allowance for credit losses of $45 at December 31, 2024) 24,366 27,299
Other investments 6,243 6,175
Loans 731,135 714,115
Less allowance for credit losses (8,542) (8,496)
Net loans 722,593 705,619
Premises and equipment, net 3,075 3,261
Bank owned life insurance 16,690 16,487
Intangible assets 18,080 18,175
Other assets 12,347 11,874
Total assets 933,799 866,817
Liabilities:    
Non-interest-bearing checking 151,882 151,395
Interest-bearing checking 83,713 73,841
Money market accounts 167,859 148,752
Savings accounts 89,084 76,053
Certificates of deposit 256,800 223,440
Total deposits 749,338 673,481
Federal Home Loan Bank advances and other borrowings 54,000 58,815
Accrued interest payable and other liabilities 6,361 5,406
Total liabilities 809,699 737,702
Stockholders' equity:    
Common stock (par value $0.01 per share, 40,000,000 shares authorized; 6,295,339 issued and outstanding at June 30, 2025 and 6,409,598 issued and outstanding at December 31, 2024) 63 64
Preferred stock (10,000,000 shares authorized, no shares outstanding)
Additional paid in capital 61,197 62,355
Unearned ESOP shares (3,915) (4,378)
Retained earnings 71,756 76,786
Accumulated other comprehensive loss (5,001) (5,712)
Total stockholders' equity 124,100 129,115
Total liabilities and stockholders' equity $ 933,799 $ 866,817