CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 16,517	$ 6,069
Securities available-for-sale, at fair value	133,004	121,854
Federal Home Loan Bank stock	2,498	2,986
Total loans	437,991	430,031
Allowance for credit losses on loans	(3,445)	(3,390)
Net loans	434,546	426,641
Land, building and equipment, net	667	4,072
Bank-owned life insurance	4,749	4,663
Accrued interest receivable	2,351	2,294
Other assets	7,447	2,456
Total assets	601,779	571,035
Deposits:
Non-interest bearing deposits	69,341	65,845
Interest bearing deposits	378,345	338,953
Total deposits	447,686	404,798
Advances from Federal Home Loan Bank	52,268	73,007
Advances from Federal Reserve Bank	20,000	20,000
Mortgagors’ tax escrow	1,996	640
Deferred compensation liability	2,365	2,071
Lease liabilities	7,242	587
Other liabilities	4,433	3,314
Total liabilities	535,990	504,417
Stockholders' Equity:
Preferred Stock, $.01 par value, 10,000,000 shares authorized, none issued
Common Stock, $.01 par value, 90,000,000 shares authorized; 5,192,612 issued and 4,718,462 outstanding at September 30, 2024; and 5,192,612 issued and 5,077,164 outstanding at December 31, 2023	52	52
Additional paid-in capital	52,816	52,642
Retained earnings	26,492	25,597
Accumulated other comprehensive loss	(4,975)	(5,944)
Treasury stock, at cost: 474,150 shares outstanding as of September 30, 2024 and 115,448 shares outstanding as of December 31, 2023	(4,669)	(1,381)
Unearned stock compensation	(3,927)	(4,348)
Total stockholders' equity	65,789	66,618
Total liabilities and stockholders' equity	$ 601,779	$ 571,035