LOANS (Tables)

12 Months Ended

Dec. 31, 2025

LOANS

Schedule of net loans

	At December 31,
(In thousands)		2025		2024
Mortgage loans on real estate:
One-to four-family first lien residential	$	93,006	$	101,236
Residential construction		3,196		1,288
Home equity loans and lines of credit		15,921		11,916
Commercial		87,954		59,505
Total mortgage loans on real estate		200,077		173,945
Commercial and industrial		22,243		23,411
Consumer loans		4,349		5,339
Total loans		226,669		202,695
Allowance for credit losses		(1,915)		(1,804)
Net deferred loan costs		1,276		1,538
Net loans	$	226,030	$	202,429

Schedule of loans to customers

	At December 31, 2025
															Revolving
															Loans
															Converted
													Revolving		to Term
													Loans		Loans
													Amortized		Amortized
	2025		2024		2023		2022		2021		Prior		Cost Basis		Cost Basis		Total
Mortgage loans on real estate:
One-to-four-family first lien residential:
Pass	$	2,429	$	2,712	$	10,223	$	16,772	$	10,643	$	50,227	$	—	$	—	$	93,006
Total		2,429		2,712		10,223		16,772		10,643		50,227		—		—		93,006
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential construction:
Pass		2,190		750		—		113		—		143		—		—		3,196
Total		2,190		750		—		113		—		143		—		—		3,196
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines of credit:
Pass		278		636		—		—		—		60		14,682		265		15,921
Total		278		636		—		—		—		60		14,682		265		15,921
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial:
Pass		31,612		8,687		12,995		7,331		6,581		16,919		—		—		84,125
Special Mention		—		576		—		—		—		—		—		—		576
Substandard		—		1,221		735		—		—		1,297		—		—		3,253
Total		31,612		10,484		13,730		7,331		6,581		18,216		—		—		87,954
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial and Industrial:
Pass		8,179		4,619		3,260		1,827		1,554		2,298		—		—		21,737
Special Mention		31		288		94		93		—		—		—		—		506
Total		8,210		4,907		3,354		1,920		1,554		2,298		—		—		22,243
Current period gross write-offs	$	—	$	—	$	(652)	$	(7)	$	(4)	$	(16)	$	—	$	—	$	(679)
Current period recoveries		—		—		—		—		—		2		—		—		2
Current period net write-offs	$	—	$	—	$	(652)	$	(7)	$	(4)	$	(14)	$	—	$	—	$	(677)
Consumer:
Pass		711		1,788		731		909		1		116		92		1		4,349
Total		711		1,788		731		909		1		116		92		1		4,349
Current period gross write-offs	$	—	$	(28)	$	(9)	$	—	$	—	$	(2)	$	—	$	—	$	(39)
Current period recoveries		—		—		5		—		—		1		—		—		6
Current period net write-offs	$	—	$	(28)	$	(4)	$	—	$	—	$	(1)	$	—	$	—	$	(33)

	At December 31, 2024
															Revolving
															Loans
															Converted
													Revolving		to Term
													Loans		Loans
													Amortized		Amortized
	2024		2023		2022		2021		2020		Prior		Cost Basis		Cost Basis		Total
Mortgage loans on real estate:
One-to-four-family first lien residential:
Pass	$	5,633	$	12,938	$	18,451	$	11,101	$	7,929	$	45,184	$	—	$	—	$	101,236
Total		5,633		12,938		18,451		11,101		7,929		45,184		—		—		101,236
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Residential construction:
Pass		1,006		—		120		—		101		61		—		—		1,288
Total		1,006		—		120		—		101		61		—		—		1,288
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Home equity loans and lines of credit:
Pass		768		—		—		—		—		65		10,895		188		11,916
Total		768		—		—		—		—		65		10,895		188		11,916
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial:
Pass		9,609		12,513		8,375		6,939		4,434		15,124		—		—		56,994
Substandard		500		—		—		—		97		1,914		—		—		2,511
Total		10,109		12,513		8,375		6,939		4,531		17,038		—		—		59,505
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Commercial and Industrial:
Pass		6,145		5,802		5,975		1,656		1,502		1,593		—		—		22,673
Substandard		738		—		—		—		—		—		—		—		738
Total		6,883		5,802		5,975		1,656		1,502		1,593		—		—		23,411
Current period gross write-offs	$	—	$	(31)	$	—	$	(25)	$	—	$	(22)	$	—	$	—	$	(78)
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	—	$	(31)	$	—	$	(25)	$	—	$	(22)	$	—	$	—	$	(78)
Consumer:
Pass		2,536		1,038		1,406		271		47		41		—		—		5,339
Total		2,536		1,038		1,406		271		47		41		—		—		5,339
Current period gross write-offs	$	(4)	$	(10)	$	(4)	$	—	$	—	$	—	$	—	$	—	$	(18)
Current period recoveries		—		—		—		—		—		—		—		—		—
Current period net write-offs	$	(4)	$	(10)	$	(4)	$	—	$	—	$	—	$	—	$	—	$	(18)

Schedule of age analysis of past due loans, segregated by class of loans

	At December 31, 2025
	30-59 Days		60-89 Days		90 Days		Total Past-				Total Loans
(In thousands)	Past-Due		Past-Due		Past-Due		Due		Current		Receivable
Mortgage loans on real estate:
One-to four-family first lien residential	$	2,310	$	297	$	770	$	3,377	$	89,629	$	93,006
Residential construction		—		—		—		—		3,196		3,196
Home equity loans and lines of credit		139		53		32		224		15,697		15,921
Commercial		314		735		843		1,892		86,062		87,954
Total mortgage loans on real estate		2,763		1,085		1,645		5,493		194,584		200,077
Commercial and industrial		33		—		—		33		22,210		22,243
Consumer loans		42		3		—		45		4,304		4,349
Total loans	$	2,838	$	1,088	$	1,645	$	5,571	$	221,098	$	226,669

	At December 31, 2024
	30-59 Days		60-89 Days		90 Days		Total Past-				Total Loans
(In thousands)	Past-Due		Past-Due		Past-Due		Due		Current		Receivable
Mortgage loans on real estate:
One-to four-family first lien residential	$	1,089	$	230	$	369	$	1,688	$	99,548	$	101,236
Residential construction		—		—		—		—		1,288		1,288
Home equity loans and lines of credit		1		—		32		33		11,883		11,916
Commercial		371		—		—		371		59,134		59,505
Total mortgage loans on real estate		1,461		230		401		2,092		171,853		173,945
Commercial and industrial		513		—		—		513		22,898		23,411
Consumer loans		5		9		—		14		5,325		5,339
Total loans	$	1,979	$	239	$	401	$	2,619	$	200,076	$	202,695

Schedule of nonaccrual loans, segregated by class of loan

	At December 31, 2025
			Nonaccrual
			loans
			without
			related
			allowance
			for		Recognized
	Nonaccrual		credit		interest
(In thousands)	loans		losses		income
Mortgage loans on real estate:
One-to four-family first lien	$	1,455	$	1,054	$	—
Residential construction		—		—		—
Home equity loans and lines of credit		—		—		—
Commercial		1,578		1,578		6
Commercial and industrial		41		41		—
Consumer loans		—		—		—
Total nonaccrual loans	$	3,074	$	2,673	$	6

	At December 31, 2024
			Nonaccrual
			loans
			without
			related
			allowance
			for		Recognized
	Nonaccrual		credit		interest
(In thousands)	loans		losses		income
Mortgage loans on real estate:
One-to four-family first lien	$	369	$	369	$	—
Residential construction		—		—		—
Home equity loans and lines of credit		—		—		—
Commercial		46		—		—
Consumer loans		—		—		—
Total nonaccrual loans	$	415	$	369	$	—

Schedule of collateral-dependent loans

	At December 31, 2025
(In thousands)	Amortized cost		Collateral type
Real estate:
Residential one-to four-family	$	725	Residential real estate property
Home equity line of credit		32	Residential real estate property
Commercial real estate		1,590	Commercial real estate property
Total real estate	$	2,347
Commercial and industrial loans	$	41	Commercial business assets
Total commercial and industrial	$	41

	At December 31, 2024
(In thousands)	Amortized cost		Collateral type
Real estate:
Residential one-to four-family	$	620	Residential real estate property
Home equity line of credit		32	Residential real estate property
Total real estate	$	652

Schedule of changes in the allowance for loan losses

	At December 31, 2025
	Mortgage		Commercial
	Loans		and
	on Real		Industrial		Consumer
(In thousands)	Estate		Loans		Loans		Unallocated		Total
Allowance for credit losses:
Beginning balance	$	1,071	$	372	$	144	$	217	$	1,804
Charge-offs		—		(679)		(39)		—		(718)
Recoveries		—		2		6		—		8
Provision		98		760		77		(114)		821
Ending balance	$	1,169	$	455	$	188	$	103	$	1,915

	At December 31, 2024
	Mortgage		Commercial
	Loans		and
	on Real		Industrial		Consumer
(In thousands)	Estate		Loans		Loans		Unallocated		Total
Allowance for credit losses:
Beginning balance	$	1,218	$	325	$	93	$	409	$	2,045
Charge-offs		—		(78)		(18)		—		(96)
Recoveries		—		—		—		—		—
Provision		(147)		125		69		(192)		(145)
Ending balance	$	1,071	$	372	$	144	$	217	$	1,804

Schedule of loans to directors and officers

	At December 31,
	2025		2024
Balance, beginning of period	$	780	$	924
Proceeds		300		—
Payments		(229)		(144)
Balance, end of period	$	851	$	780