LOANS (Tables)

12 Months Ended

Dec. 31, 2024

LOANS

Schedule of composition of the loan portfolio

December 31,	2024		2023
Real estate, residential	$	78,952	$	74,296
Real estate, construction		17,016		27,353
Real estate, nonresidential		114,263		115,014
Commercial and industrial		13,381		12,496
Other		9,964		9,180
Total	$	233,576	$	238,339

Schedule of loans to related parties

	2024		2023
Balance, January 1	$	6,953	$	6,947
Change in directors/officers loans during the year		(226)		—
New loans and advances		828		452
Repayments		(887)		(446)
Balance, December 31	$	6,668	$	6,953

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
December 31, 2024:
Real estate, residential	$	410	$	33	$	337	$	780	$	78,172	$	78,952	$	—
Real estate, construction		61		—		—		61		16,955		17,016		—
Real estate, nonresidential		749		—		—		749		113,514		114,263		—
Commercial and industrial		40		11		—		51		13,330		13,381		—
Other		20		10		—		30		9,934		9,964		—
Total	$	1,280	$	54	$	337	$	1,671	$	231,905	$	233,576	$	—
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
December 31, 2024:
Real Estate, Residential Loans:
A, B, or C	$	10,203	$	11,135	$	14,611	$	10,386	$	4,348	$	19,348	$	4,448	$	3,537	$	78,016
S		—		—		—		—		—		56		—		—		56
D		—		—		—		—		124		338		—		—		462
E		—		—		—		295		—		123		—		—		418
F		—		—		—		—		—		—		—		—		—
Total Real Estate Residential Loans	$	10,203	$	11,135	$	14,611	$	10,681	$	4,472	$	19,865	$	4,448	$	3,537	$	78,952
Real Estate, Construction Loans:
A, B, or C	$	2,876	$	425	$	1,464	$	1,916	$	854	$	2,701	$	6,578	$	—	$	16,814
S		—		—		—		—		—		—		—		—		—
D		—		121		—		—		81		—		—		—		202
E		—		—		—		—		—		—				—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Construction Loans	$	2,876	$	546	$	1,464	$	1,916	$	935	$	2,701	$	6,578	$	—	$	17,016
Real Estate,Nonresidential Loans:
A, B, or C	$	2,711	$	11,191	$	24,434	$	10,290	$	13,344	$	34,096	$	17,672	$	—	$	113,738
S		—		—		—		—		—		62		—		—		62
D		—		—		—		—		—		463		—		—		463
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Real Estate, Nonresidential Loans	$	2,711	$	11,191	$	24,434	$	10,290	$	13,344	$	34,621	$	17,672	$	—	$	114,263
Commercial and industrial
A, B, or C	$	1,187	$	488	$	524	$	638	$	167	$	2,542	$	7,813	$	—	$	13,359
S		—		—		—		—		—		—		—		—		—
D		—		22		—		—		—		—		—		—		22
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Commercial and Industrial Loans	$	1,187	$	510	$	524	$	638	$	167	$	2,542	$	7,813	$	—	$	13,381
Consumer/Other Loans
A, B, or C	$	4,725	$	3,258	$	804	$	401	$	262	$	254	$	254	$	—	$	9,958
S		—		—		—		—		—		—		—		—		—
D		—		—		1		—		—		—		5		—		6
E		—		—		—		—		—		—		—		—		—
F		—		—		—		—		—		—		—		—		—
Total Consumer/Other Loans	$	4,725	$	3,258	$	805	$	401	$	262	$	254	$	259	$	—	$	9,964

	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 nonaccrual loans

	December 31, 2024
	Nonaccrual Loans with		Nonaccrual Loans		Total Nonaccrual
	No Allowance		with an Allowance		Loans
Real estate, residential	$	418	$	—	$	418
Total	$	418	$	—	$	418

	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 written off

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

Schedule of collateral-dependent loans

	December 31, 2024		December 31, 2023
	Residential		Residential
	Properties		Properties
Real estate, residential	$	424	$	222
Total loans	$	424	$	222

Schedule of 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
December 31, 2024:
Real estate, residential	$	—	$	—	$	—	$	295	$	—	$	123	$	—	$	—	$	418
Real estate, construction		—		—		—		—		—		—		—		—		—
Real estate, nonresidential		—		—		—		—		—		—		—		—		—
Commercial and industrial		—		—		—		—		—		—		—		—		—
Consumer/Other		—		—		—		—		—		—		—		—		—
Total Loans on Nonaccrual	$	—	$	—	$	—	$	295	$	—	$	123	$	—	$	—	$	418

	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 loans modified to borrowers experiencing financial difficulty

	Term Extension
	December 31, 2024
	Amortized Cost		% of Total Loan
	Basis		Type		Financial Effect
Real estate, residential	$	17	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	$	17

	Payment Status (Amortized Cost Basis)
	December 31, 2024
			30-89 Days Past		90+ Days Past
	Current		Due		Due
Real estate, residential	$	17	$	—	$	—
Total	$	17	$	—	$	—

Schedule of allowance for credit losses

	Real Estate,		Real Estate,		Real Estate,		Commercial and
	Residential		Construction		Nonresidential		Industrial		Other		Total
December 31, 2024
Allowance for credit losses
Beginning balance	$	971	$	173	$	1,807	$	54	$	219	$	3,224
Charge-offs		(59)		—		—		—		(210)		(269)
Recoveries		57		39		6		—		125		227
Net provision for loan losses		(293)		(77)		22		38		110		(200)
Ending Balance	$	676	$	135	$	1,835	$	92	$	244	$	2,982
Reserve for unfunded lending commitments
Beginning balance	$	2	$	34	$	5	$	10	$	4	$	55
Provision for losses on unfunded commitments		—		(11)		5		2		32		28
Ending balance-reserve for unfunded commitments	$	2	$	23	$	10	$	12	$	36	$	83
Total allowance for credit losses	$	678	$	158	$	1,845	$	104	$	280	$	3,065
Allowance for credit losses
Individually evaluated	$	—	$	—	$	—	$	—	$	4	$	4
Collectively evaluated		676		135		1,835		92		240		2,978
Total allowance for credit losses:	$	676	$	135	$	1,835	$	92	$	244	$	2,982
Reserve for unfunded lending commitments
Individually evaluated	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated		2		23		10		12		36		83
Reserve for unfunded lending commitments:	$	2	$	23	$	10	$	12	$	36	$	83
Total allowance for credit losses, December 31, 2024	$	678	$	158	$	1,845	$	104	$	280	$	3,065
Loans, December 31, 2024
Individually evaluated	$	879	$	202	$	463	$	22	$	5	$	1,571
Collectively evaluated		78,073		16,814		113,800		13,359		9,959		232,005
Total loans, December 31, 2024	$	78,952	$	17,016	$	114,263	$	13,381	$	9,964	$	233,576

	Real Estate,		Real Estate,		Real Estate,		Commercial and
	Residential		Construction		Nonresidential		Industrial		Other		Total
December 31, 2023
Allowance for credit losses
Beginning balance	$	1,018	$	392	$	1,535	$	143	$	250	$	3,338
Cumulative effect of change in accounting principle		396		(58)		(215)		(84)		(49)		(10)
Charge-offs		—		—		(270)		—		(197)		(467)
Recoveries		—		9		20		467		111		607
Net provision for loan losses		(443)		(170)		737		(472)		104		(244)
Ending Balance	$	971	$	173	$	1,807	$	54	$	219	$	3,224
Reserve for unfunded lending commitments
Beginning balance	$	—	$	—	$	—	$	—	$	—	$	—
Cumulative effect of change in accounting principle		4		30		5		15		18		72
Provision for losses on unfunded commitments		(2)		4		—		(5)		(14)		(17)
Ending balance-reserve for unfunded commitments	$	2	$	34	$	5	$	10	$	4	$	55
Total allowance for credit losses	$	973	$	207	$	1,812	$	64	$	223	$	3,279
Allowance for credit losses
Individually evaluated	$	40	$	—	$	—	$	—	$	21	$	61
Collectively evaluated		931		173		1,807		54		198		3,163
Total allowance for credit losses:	$	971	$	173	$	1,807	$	54	$	219	$	3,224
Reserve for unfunded lending commitments
Individually evaluated	$	—	$	—	$	—	$	—	$	—	$	—
Collectively evaluated		2		34		5		10		4		55
Reserve for unfunded lending commitments:	$	2	$	34	$	5	$	10	$	4	$	55
Total allowance for credit losses, December 31, 2024	$	973	$	207	$	1,812	$	64	$	223	$	3,279
Loans, December 31, 2023
Individually evaluated	$	958	$	87	$	98	$	—	$	39	$	1,182
Collectively evaluated		73,338		27,266		114,916		12,496		9,141		237,157
Total loans, December 31, 2023	$	74,296	$	27,353	$	115,014	$	12,496	$	9,180	$	238,339

	Real Estate,		Real Estate,		Real Estate,		Commercial and
	Residential		Construction		Nonresidential		Industrial		Other		Total
December 31, 2022:
Allowance for Loan Losses:
Beginning Balance	$	873	$	351	$	1,781	$	228	$	78	$	3,311
Charge-offs		—		—		—		—		(240)		(240)
Recoveries		—		—		48		15		124		187
Provision		145		41		(294)		(100)		288		80
Ending Balance	$	1,018	$	392	$	1,535	$	143	$	250	$	3,338
Allowance for Loan Losses:
Ending balance: individually evaluated for impairment	$	145	$	—	$	84	$	—	$	—	$	229
Ending balance: collectively evaluated for impairment	$	873	$	392	$	1,451	$	143	$	250	$	3,109
Total Loans:
Ending balance: individually evaluated for impairment	$	945	$	31	$	1,811	$	—	$	14	$	2,801
Ending balance: collectively evaluated for impairment	$	66,567	$	30,115	$	120,422	$	10,497	$	7,476	$	235,077

Schedule of gross charge-off disclosures

	Term Loans														Revolving
	Amortized Cost Basis by Origination Year														Loans
													Revolving		Converted to
	2024		2023		2022		2021		2020		Prior		Loans		Term Loans		Total
December 31, 2024:
Real estate, residential	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
A,B, or C		—		—		—		—		—		—		—		—		—
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		—		—		—		—
E		—		—		—		—		—		59		—		—		59
F		—		—		—		—		—		—		—		—		—
Total Real estate, nonresidential loans	$	—	$	—	$	—	$	—	$	—	$	59	$	—	$	—	$	59
Consumer/Other
A,B, or C	$	156	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	156
S		—		6		—		—		—		—		—		—		6
D		—		10		—		—		—		8		—		—		18
E		—		7		20		—		—		3		—		—		30
F		—		—		—		—		—		—		—		—		—
Total Consumer/Other Loans	$	156	$	23	$	20	$	—	$	—	$	11	$	—	$	—	$	210
Total Gross Loan Chargeoffs:	$	156	$	23	$	20	$	—	$	—	$	70	$	—	$	—	$	269

	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, nonresidential	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
A,B, or C		—		—		—		—		—		—		—		—		—
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		—		—		—		—
E		—		—		—		—		—		270		—		—		270
F		—		—		—		—		—		—		—		—		—
Total Real estate, nonresidential loans	$	—	$	—	$	—	$	—	$	—	$	270	$	—	$	—	$	270
Consumer/Other
A,B, or C	$	188	$	5	$	—	$	—	$	—	$	—	$	—	$	—	$	193
S		—		—		—		—		—		—		—		—		—
D		—		—		—		—		—		—		—		—		—
E		—		—		—		4		—		—		—		—		4
F		—		—		—		—		—		—		—		—		—
Total Consumer/Other Loans	$	188	$	5	$	—	$	4	$	—	$	—	$	—	$	—	$	197
Total Gross Loan Chargeoffs:	$	188	$	5	$	—	$	4	$	—	$	270	$	—	$	—	$	467