Disclosures About Fair Value of Assets (Tables)

6 Months Ended

Jun. 30, 2026

Disclosures About Fair Value of Assets

Schedule of fair value measurements of assets recognized

			Fair Value Measurements Using
			Quoted Prices
			in
			Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
June 30, 2026:
Available-for Sale debt securities:
U.S. Government and federal agencies	$	7,247	$	—	$	7,247	$	—
Mortgage-backed: GSE - residential		37,733		—		37,733		—
State and political Subdivision		18,180		—		18,180		—
Total Available-For-sale debt securities	$	63,160	$	—	$	63,160	$	—
Equity securities:
FHLMC stock	$	215	$	215	$	—	$	—
Community Development Corp. Stock		62		—		62		—
Mortgage servicing rights **		208		—		208		—
Total	$	63,645	$	215	$	63,430	$	—
December 31, 2025:
Available-for Sale debt securities:
U.S. Government and federal agency	$	7,281	$	574	$	6,707	$	—
Mortgage-backed: GSE - residential		40,926		—		40,926		—
State and political subdivision		18,723		—		18,723		—
Total Available-for-sale debt securities	$	66,930	$	574	$	66,356	$	—
Equity securities:
FHLMC Stock	$	346	$	346	$	—	$	—
Community Development Corp. Stock		62		—		62
Mortgage servicing rights		208		—		208		—
Total	$	67,546	$	920	$	66,626	$	—

** - Management did not utilize a valuation model to calculated the fair value of mortgage servicing rights at June 30. 2026 but Management determined that the change in fair value was not significant to the consolidated financial statements as of June 30, 2026.

Schedule of carrying value and estimated fair value of financial instruments

June 30, 2026
	Carrying Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	19,473	$	19,473	$	—	$	—
Available-for-sale debt securities		63,160		—		63,160		—
Held-to-maturity debt securities		4,207		—		4,127		—
Equity securities		277		215		62		—
Loans		111,560		—		—		108,276
Interest receivable		724		724		—		—
Federal Home Loan Bank Stock		375		—		—		375
Cash surrender value of bank-owned life insurance		4,142		—		—		4,142
Financial liabilities:
Deposits		167,501		—		—		149,738
Interest payable		—		—		—		—

December 31, 2025
	Carrying Value		Level 1		Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	15,494	$	15,494	$	—	$	—
Available-for-sale debt securities		66,930		574		66,356		—
Held-to-maturity debt securities		6,205		—		6,184		—
Equity securities		408		346		62		—
Loans		108,869		—		—		105,717
Interest receivable		757		757		—		—
Federal Home Loan Bank Stock		354		—		—		354
Cash surrender value of bank-owned life insurance		4,086		—		—		4,086
Financial liabilities:
Deposits		166,478		—		—		152,948
Interest payable		1		1		—		—

Schedule of fair value measurement of assets measured at fair value on a nonrecurring basis

			Fair Value Measurements Using
			Quoted
			Prices
			in Active		Significant
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
June 30, 2026:
Individually analyzed loans (collateral dependent)	$	—	$	—	$	—	$	—
December 31, 2025:
Individually analyzed loans (collateral dependent)	$	—	$	—	$	—	$	—