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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Interest and Dividend Income    
Loans, including fees $ 4,738 $ 3,785
Taxable 1,563 1,005
Tax-exempt 549 501
Dividends 21 19
Other 1,143 1,246
Total interest and dividend income 8,014 6,556
Interest Expense    
Deposits 2,982 1,869
Net Interest Income 5,032 4,687
Provision for Credit Losses 165 99
Net Interest Income After Provision for Credit Losses 4,867 4,588
Noninterest Income    
Net realized gain on loan sales 7  
Loan servicing fees 65 71
Other 340 162
Total noninterest income 885 670
Noninterest Expense    
Salaries and employee benefits 2,332 2,297
Occupancy 279 255
Depreciation 151 150
Data processing 545 539
Professional fees 383 243
Marketing 142 144
Printing and office supplies 67 68
Foreclosed assets, net   4
Deposit insurance premiums 171 141
Net realized loss on loan sales   7
Other 575 162
Total noninterest expense 4,645 4,010
Income Before Income Taxes 1,107 1,248
Provision for Income Taxes 202 240
Net Income $ 905 $ 1,008
Earning per share (basic) (in dollar per share) $ 0.57 $ 0.63
Earning per share (diluted) (in dollar per share) $ 0.57 $ 0.63
Weighted-average shares outstanding (basic) (in shares) 1,594,547 1,592,520
Weighted-average shares outstanding (diluted) (in shares) 1,594,547 1,592,520
Commission income    
Noninterest Income    
Revenue $ 38 $ 23
Customer service fees    
Noninterest Income    
Revenue $ 435 $ 414