Loans (Tables)

9 Months Ended

Sep. 30, 2024

Loans

Schedule of composition of the loan portfolio

	September 30, 2024		December 31, 2023
Real estate, residential	$	81,447	$	74,296
Real estate, construction		23,239		27,353
Real estate, nonresidential		111,989		115,014
Commercial and industrial		12,136		12,496
Other		10,448		9,180
Total	$	239,259	$	238,339

Schedule of age analysis of the loan portfolio, segregated by class of loans

													Loans Past
													Due Greater
	Number of Days Past Due												Than 90
					Greater		Total				Total		Days and
	30 - 59		60 - 89		Than 90		Past Due		Current		Loans		Still Accruing
September 30, 2024:
Real estate, residential	$	841	$	137	$	219	$	1,197	$	80,250	$	81,447	$	—
Real estate, construction		63		—		—		63		23,176		23,239		—
Real estate, nonresidential		423		—		—		423		111,566		111,989		—
Commercial and industrial		47		11		—		58		12,078		12,136		—
Other		120		7		—		127		10,321		10,448		—
Total	$	1,494	$	155	$	219	$	1,868	$	237,391	$	239,259	$	—
December 31, 2023:
Real estate, residential	$	207	$	540	$	—	$	747	$	73,549	$	74,296	$	—
Real estate, construction		131		—		—		131		27,222		27,353		—
Real estate, nonresidential		58		—		—		58		114,956		115,014		—
Commercial and industrial		21		—		—		21		12,475		12,496		—
Other		75		30		—		105		9,075		9,180		—
Total	$	492	$	570	$	—	$	1,062	$	237,277	$	238,339	$	—

Schedule of credit quality disclosures

	Term Loans														Revolving
	Amortized Cost Basis by Origination Year														Loans
													Revolving		Converted to
	2024		2023		2022		2021		2020		Prior		Loans		Term Loans		Total
September 30, 2024:
Real Estate, Residential Loans:
A, B, or C	$	9,479	$	13,034	$	16,291	$	11,212	$	4,429	$	20,033	$	4,374	$	1,072	$	79,924
S		—		—		—		—		—		460		—		—		460
D		—		—		—		—		104		514		—		—		618
E		—		—		—		298		—		147		—		—		445
F		—		—		—		—		—		—		—		—		—
Total Real Estate Residential Loans	$	9,479	$	13,034	$	16,291	$	11,510	$	4,533	$	21,154	$	4,374	$	1,072	$	81,447
Real Estate, Construction Loans:
A, B, or C	$	2,301	$	435	$	2,003	$	1,941	$	1,135	$	3,149	$	8,047	$	—	$	19,011
S		—		—		—		—		—		67		3,958		—		4,025
D		—		122		—		—		81		—		—		—		203
E		—		—		—		—		—		—				—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Construction Loans	$	2,301	$	557	$	2,003	$	1,941	$	1,216	$	3,216	$	12,005	$	—	$	23,239
Real Estate,Nonresidential Loans:
A, B, or C	$	2,495	$	12,116	$	20,007	$	10,464	$	13,743	$	35,344	$	17,356	$	—	$	111,525
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		464		—		—		464
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Nonresidential Loans	$	2,495	$	12,116	$	20,007	$	10,464	$	13,743	$	35,808	$	17,356	$	—	$	111,989
Commercial and industrial
A, B, or C	$	1,008	$	605	$	663	$	655	$	187	$	2,596	$	6,399	$	—	$	12,113
S		—		—		—		—		—		—		—		—		—
D		—		23		—		—		—		—		—		—		23
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Commercial and Industrial Loans	$	1,008	$	628	$	663	$	655	$	187	$	2,596	$	6,399	$	—	$	12,136
Consumer/Other Loans
A, B, or C	$	4,291	$	3,791	$	892	$	522	$	378	$	294	$	244	$	—	$	10,412
S		—		—		—		—		—		—		—		—		—
D		—		30		2		—		—		—		4		—		36
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Consumer/Other Loans	$	4,291	$	3,821	$	894	$	522	$	378	$	294	$	248	$	—	$	10,448

	Term Loans														Revolving
	Amortized Cost Basis by Origination Year														Loans
													Revolving		Converted to
	2023		2022		2021		2020		2019		Prior		Loans		Term Loans		Total
December 31, 2023:
Real Estate, Residential Loans:
A, B, or C	$	11,865	$	17,053	$	12,158	$	4,695	$	5,451	$	17,502	$	4,147	$	401	$	73,272
S		—		—		—		—		—		66		—		—		66
D		—		—		122		—		—		623		—		—		745
E		—		—		—		45		27		141		—		—		213
F		—		—		—		—		—		—		—		—		—
Total Real Estate Residential Loans	$	11,865	$	17,053	$	12,280	$	4,740	$	5,478	$	18,332	$	4,147	$	401	$	74,296
Real Estate, Construction Loans:
A, B, or C	$	1,069	$	2,119	$	2,133	$	1,379	$	38	$	3,966	$	12,827	$	—	$	23,531
S		—		—		—		—		—		—		3,735		—		3,735
D		—		—		—		87		—		—		—		—		87
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Construction Loans	$	1,069	$	2,119	$	2,133	$	1,466	$	38	$	3,966	$	16,562	$	—	$	27,353
Real Estate,Nonresidential Loans:
A, B, or C	$	12,387	$	20,951	$	11,056	$	15,008	$	5,497	$	34,330	$	14,959	$	728	$	114,916
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		98		—		—		98
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Nonresidential Loans	$	12,387	$	20,951	$	11,056	$	15,008	$	5,497	$	34,428	$	14,959	$	728	$	115,014
Commercial and industrial
A, B, or C	$	850	$	1,008	$	831	$	263	$	2,742	$	39	$	6,763	$	—	$	12,496
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		—		—		—		—
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Commercial and Industrial Loans	$	850	$	1,008	$	831	$	263	$	2,742	$	39	$	6,763	$	—	$	12,496
Consumer/Other Loans
A, B, or C	$	5,346	$	1,417	$	841	$	439	$	234	$	304	$	508	$	52	$	9,141
S		—		—		—		—		—		—		—		—		—
D		7		6		—		—		18		3		5		—		39
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Consumer/Other Loans	$	5,353	$	1,423	$	841	$	439	$	252	$	307	$	513	$	52	$	9,180

Schedule of company's nonaccrual loans

	September 30, 2024
	Nonaccrual Loans with		Nonaccrual Loans		Total Nonaccrual
	No Allowance		with an Allowance		Loans
Real estate, residential	$	427	$	—	$	427
Total	$	427	$	—	$	427

	December 31, 2023
	Nonaccrual Loans with		Nonaccrual Loans		Total Nonaccrual
	No Allowance		with an Allowance		Loans
Real estate, residential	$	168	$	45	$	213
Total	$	168	$	45	$	213

Schedule of accrued interest receivables

	September 30, 2024		December 31, 2023
Real estate, residential	$	3	$	1
Total loans	$	3	$	1

Schedule of collateral-dependent loans

	September 30, 2024		December 31, 2023
	Residential		Residential
	Properties		Properties
Real estate, residential	$	434	$	222
Total loans	$	434	$	222

Schedule of disaggregates nonaccrual disclosures

	Term Loans														Revolving
	Amortized Cost Basis by Origination Year														Loans
													Revolving		Converted to
	2024		2023		2022		2021		2020		Prior		Loans		Term Loans		Total
September 30, 2024:
Real estate, residential	$	—	$	—	$	—	$	298	$	—	$	129	$	—	$	—	$	427
Total Loans on Nonaccrual	$	—	$	—	$	—	$	298	$	—	$	129	$	—	$	—	$	427

	Term Loans														Revolving
	Amortized Cost Basis by Origination Year														Loans
													Revolving		Converted to
	2023		2022		2021		2020		2019		Prior		Loans		Term Loans		Total
December 31, 2023:
Real estate, residential	$	—	$	—	$	—	$	—	$	—	$	213	$	—	$	—	$	213
Real estate, construction		—		—		—		—		—		—		—		—		—
Real estate, nonresidential		—		—		—		—		—		—		—		—		—
Commercial and industrial		—		—		—		—		—		—		—		—		—
Consumer/Other		—		—		—		—		—		—		—		—		—
Total Loans on Nonaccrual	$	—	$	—	$	—	$	—	$	—	$	213	$	—	$	—	$	213

Schedule of financial effect of the modifications

	Term Extension
	September 30, 2024
	Amortized Cost		% of Total Loan
	Basis		Type		Financial Effect
Real estate, residential	$	18	0.02	%	Added a weighted average 3 years to the life of loan, which reduced monthly payment amounts for the borrowers. Provided 3 month payment deferrals to borrowers through our standard deferral program. The 3 monthly payments were added to the end of the original loan terms of these.
Total	$	18

	Payment Status (Amortized Cost Basis)
	September 30, 2024
			30-89 Days Past		90+ Days Past
	Current		Due		Due
Real estate, residential	$	18	$	—	$	—
Total	$	18	$	—	$	—