Consolidated Balance Sheets (unaudited) - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 1,125,467	$ 1,188,634
Time deposits with other financial institutions	4,499,059	4,498,778
Debt securities available for sale (amortized cost of $26,466,664 and $26,736,859 as of March 31, 2025 and December 31, 2024, respectively)	23,030,254	22,806,836
Debt securities held to maturity (fair value of $39,098,969 and $38,162,626 as of March 31, 2025 and December 31, 2024, respectively)	39,302,816	39,006,631
Loans, net of allowance of $1,190,255 and $1,126,422 as of March 31, 2025 and December 31, 2024, respectively	189,853,281	186,354,436
Land held for sale	834,828	834,828
Office properties and equipment, net	2,418,195	2,411,422
Federal Home Loan Bank stock	1,903,782	1,879,971
Cash value of life insurance	7,761,299	7,699,074
Net deferred tax assets	5,324,975	5,326,564
Accrued interest receivable and other assets	1,300,229	1,298,605
TOTAL ASSETS	277,354,185	273,305,779
Deposits:
Non-interest bearing	8,291,770	9,461,778
Interest bearing	223,354,314	222,057,692
Total deposits	231,646,084	231,519,470
Borrowed funds	27,835,000	24,200,000
Advance payments by borrowers for taxes and insurance	862,843	485,212
Accrued interest payable and other liabilities	1,384,173	1,474,341
Total liabilities	261,728,100	257,679,023
Equity:
Common stock ($0.01 par value, 4,000,000 shares authorized, 752,538 shares issued and outstanding as of March 31, 2025 and December 31, 2024)	7,525	7,525
Additional paid-in capital	5,473,225	5,472,763
Retained earnings	16,930,521	17,499,162
Unallocated common shares held by Employee Stock Ownership Plan (ESOP)	(493,856)	(500,441)
Accumulated other comprehensive income (loss)	(6,291,330)	(6,852,253)
Total stockholders' equity	15,626,085	15,626,756
TOTAL LIABILITIES AND EQUITY	$ 277,354,185	$ 273,305,779