Consolidated Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 1,188,634	$ 1,608,709
Time deposits with other financial institutions	4,498,778	4,497,669
Debt securities available for sale (amortized cost of $26,736,859 and $27,880,997 as of December 31, 2024 and December 31, 2023, respectively)	22,806,836	23,947,775
Debt securities held to maturity (fair value of $38,162,626 and $39,804,828 as of December 31, 2024 and December 31, 2023, respectively)	39,006,631	40,050,858
Loans, net of allowance of $1,126,422 and $1,056,796 as of December 31, 2024 and December 31, 2023, respectively	186,354,436	174,315,171
Land held for sale	834,828	435,328
Office properties and equipment, net	2,411,422	2,910,169
Federal Home Loan Bank stock	1,879,971	1,084,273
Cash value of life insurance	7,699,074	7,462,397
Net deferred tax assets	5,326,564	4,857,846
Accrued interest receivable and other assets	1,298,605	1,396,766
TOTAL ASSETS	273,305,779	262,566,961
Deposits:
Non-interest bearing	9,461,778	10,250,495
Interest bearing	222,057,692	220,217,134
Total deposits	231,519,470	230,467,629
Borrowed funds	24,200,000	19,030,000
Advance payments by borrowers for taxes and insurance	485,212	280,026
Accrued interest payable and other liabilities	1,474,341	1,252,482
Total liabilities	257,679,023	251,030,137
Equity:
Common stock ($0.01 par value, 4,000,000 shares authorized, 752,538 shares issued and outstanding as of December 31, 2024)	7,525	0
Additional paid-in capital	5,472,763	0
Retained earnings	17,499,162	19,198,973
Unallocated common shares held by Employee Stock Ownership Plan (ESOP)	(500,441)	0
Accumulated other comprehensive income (loss)	(6,852,253)	(7,662,149)
Total stockholders' equity	15,626,756	11,536,824
TOTAL LIABILITIES AND EQUITY	$ 273,305,779	$ 262,566,961