XML 18 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
INTEREST INCOME    
Loans, including fees $ 12,362,000 $ 11,632,000
Securities 1,990,000 1,477,000
Other 275,000 255,000
Total interest income 14,627,000 13,364,000
INTEREST EXPENSE    
Deposits 4,311,000 3,837,000
Advances and borrowings 1,420,000 1,393,000
Total interest expense 5,731,000 5,230,000
Net interest income 8,896,000 8,134,000
Provision for credit losses available-for-sale securities 20,000 451,000
Provision for credit losses loans receivable 821,000 (145,000)
Net interest income after provision for credit losses 8,055,000 7,828,000
NONINTEREST INCOME    
Gain on sale of fixed assets   6,000
Earnings on deferred compensation plan assets 116,000 26,000
Net gains on sale of residential mortgage loans 136,000 87,000
Total noninterest income 2,209,000 1,866,000
NONINTEREST EXPENSE    
Compensation and employee benefits 5,408,000 4,903,000
Core processing 1,596,000 1,446,000
Premises and equipment 924,000 766,000
Professional fees 426,000 232,000
Postage & office supplies 108,000 181,000
FDIC premiums 147,000 118,000
Advertising 307,000 351,000
Director fees 164,000 156,000
Intangible asset amortization 156,000 156,000
Other 847,000 569,000
Total noninterest expense 10,083,000 8,878,000
Income before provision for income taxes 181,000 816,000
PROVISION FOR INCOME TAXES 9,000 104,000
Net income $ 172,000 $ 712,000
Net income per common shares - basic (in dollar per share) $ 0.1 $ 0.42
Net income per common shares - diluted (in dollar per share) $ 0.1 $ 0.42
Service fees    
NONINTEREST INCOME    
Non-interest income $ 134,000 $ 123,000
Income from financial services    
NONINTEREST INCOME    
Non-interest income 969,000 893,000
Fee income    
NONINTEREST INCOME    
Non-interest income $ 854,000 $ 731,000