EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2024

EMPLOYEE BENEFIT PLANS

Compensation Expense and Related Tax Benefits for Restricted Stock

(Dollars in thousands)
	2024		2023
Compensation expense	$	142	$	143
Tax benefit		(30)		(30)
Net income effect	$	112	$	113

Summary of non-vested restricted shares activity

		Weighted
		Average
		Grant Date
	Shares	Fair Value
Non-vested at January 1, 2024	25,322	$	16.21
Vested	(6,141)		16.55
Forfeited	—		—
Granted	9,628		12.35
Non-vested at December 31, 2024	28,809	$	14.85

Schedule of stock options activity

A summary of the status of the outstanding stock options as of December 31, 2024 and 2023, and changes during the years ending on those dates is presented below:
	2024			2023
		Weighted			Weighted
		Average			Average
		Exercise			Exercise
	Shares	Price		Shares	Price
Outstanding at beginning of year	50,425	$	17.76	60,347	$	17.78
Granted	—		—	—		—
Exercised	—		—	—		—
Cancelled/Forfeited	(3,500)		17.80	—		—
Expired	(24,225)		17.72	(9,922)		17.65
Outstanding at end of year	22,700	$	17.80	50,425	$	17.76
Options exercisable at year-end	22,700			50,425
Weighted-average fair value of options granted during the year		$	—		$	—
Intrinsic value of options exercised during the year		$	—		$	—
Intrinsic value of options cancelled during the year		$	—
Intrinsic value of options outstanding and exercisable at December 31, 2024		$	—