STOCK COMPENSATION PLAN (Tables)

3 Months Ended

Mar. 31, 2025

STOCK COMPENSATION PLAN

Summary of non-vested restricted shares activity

The following table presents a summary of the status of the Company’s non-vested restricted stock awards as of March 31, 2025. Changes during the period then ended are presented further below:

		Weighted
		Average
		Grant Date
	Shares	Fair Value
Non-vested at January 1, 2025	28,809	$	14.85
Vested	(8,054)		15.90
Forfeited	—		—
Granted	13,625		13.23
Non-vested at March 31, 2025	34,380	$	13.96

Schedule of stock options activity

A summary of the status of the outstanding stock options as of March 31, 2025, and changes during the period then ended, is presented below:

	2025
		Weighted
		Average
		Exercise
	Shares	Price
Outstanding at beginning of year	22,700	$	17.80
Granted	—		—
Exercised	—		—
Cancelled/Forfeited	—		—
Expired	(22,700)		17.80
Outstanding at March 31, 2025	—	$	—