FAIR VALUE MEASUREMENT AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2025

FAIR VALUE MEASUREMENT AND FAIR VALUE OF FINANCIAL INSTRUMENTS

Schedule of financial assets measured at fair value on a recurring basis

(In thousands)	Total		Level 1		Level 2		Level 3
Available-for-sale Securities:
December 31, 2025:
U.S. Treasury securities	$	14,795	$	—	$	14,795	$	—
U.S. Government Agency securities		900		—		900		—
Municipal securities		13,527		—		13,379		148
Mortgage-backed securities and collateralized mortgage obligations		10,915		—		10,915		—
Corporate securities		8,498		—		8,498		—
	$	48,635	$	—	$	48,487	$	148
December 31, 2024:
U.S. Treasury securities	$	15,811	$	—	$	15,811	$	—
U.S. Government Agency securities		838		—		838		—
Municipal securities		14,281		—		14,281		—
Mortgage-backed securities and collateralized mortgage obligations		5,755		—		5,755		—
Corporate securities		9,799		—		9,799		—
	$	46,484	$	—	$	46,484	$	—

Schedule of reconciliation of assets measured at fair value on a recurring basis

	Municipal Securities
(In thousands)	2025
Balance of recurring Level 3 assets at January 1	$	—
Transfers into Level 3		148
Balance of recurring Level 3 assets at December 31	$	148

Schedule of carrying amounts and estimated fair values of financial assets and liabilities

	Carrying								Fair
(In thousands)	Amount		Level 1		Level 2		Level 3		Value
December 31, 2025:
Financial assets:
Cash and cash equivalents	$	5,328	$	5,328	$	—	$	—	$	5,328
Securities available-for-sale, net of allowance for credit losses of $518		48,635		—		48,487		148		48,635
Federal Home Loan Bank of New York stock, at cost		3,272		—		3,272		—		3,272
Federal Reserve Bank stock, at cost		131		—		131		—		131
Loans, net of allowance for credit losses of $1,915		226,030		—		—		213,685		213,685
Accrued interest receivable		1,479		1,479		—		—		1,479
Financial liabilities:
Deposits		234,426		85,684		140,079		—		225,763
Federal Home Loan Bank advances		35,567		—		36,987		—		36,987
Accrued interest payable		120		120		—		—		120
Advances from borrowers for taxes and insurance		2,389		2,389		—		—		2,389
December 31, 2024:
Financial assets:
Cash and cash equivalents	$	6,788	$	6,788	$	—	$	—	$	6,788
Securities available-for-sale, net of allowance for credit losses of $498		46,484		—		46,484		—		46,484
Federal Home Loan Bank of New York stock, at cost		3,361		—		3,361		—		3,361
Loans, net of allowance for credit losses of $1,804		202,429		—		—		189,034		189,034
Accrued interest receivable		1,247		1,247		—		—		1,247
Financial liabilities:
Deposits		210,571		80,449		122,793		—		203,242
Federal Home Loan Bank advances		41,253		—		41,920				41,920
Accrued interest payable		146		146		—		—		146
Advances from borrowers for taxes and insurance		2,349		2,349		—		—		2,349

Schedule of assets measured at fair value on a nonrecurring basis

(In thousands)	Total		Level 1		Level 2		Level 3
December 31, 2025:
Collateral-dependent loans	$	2,259	$	—	$	—	$	2,259
	$	2,259	$	—	$	—	$	2,259
December 31, 2024:
Collateral-dependent loans	$	652	$	—	$	—	$	652
	$	652	$	—	$	—	$	652

Schedule of quantitative information about assets measured at fair value on a nonrecurring basis

	Quantitative Information about Level 3 Fair Value Measurements
			Adjustment
	Valuation	Unobservable		(Weighted-
	Techniques	Input	Range	average)
Collateral-dependent loans	Lower of appraisal	Appraisal	10%-55%	(26%) 2025
	of collateral or	adjustments	10%	(10%) 2024
	asking priceless
	selling costs
		Selling costs	7%-14%	(10%) 2025
			8%-13%	(10%) 2024