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Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Loans receivable $ 7,165 $ 7,557 $ 13,916 $ 14,917
Securities available for sale:        
Mortgage-backed and related 708 440 1,435 831
Other marketable 108 62 169 169
Other 76 35 102 66
Total interest income 8,057 8,094 15,622 15,983
Interest expense:        
Deposits 287 410 570 863
Advances and other borrowings 5 0 5 0
Total interest expense 292 410 575 863
Net interest income 7,765 7,684 15,047 15,120
Provision for loan losses 66 (891) 362 (1,467)
Net interest income after provision for loan losses 7,699 8,575 14,685 16,587
Non-interest income:        
Gain on sales of loans 814 1,665 1,682 3,438
Other 496 1,910 851 2,258
Total non-interest income 2,516 4,742 4,891 7,997
Non-interest expense:        
Compensation and benefits 4,162 4,096 8,450 7,917
Occupancy and equipment 897 1,104 1,947 2,211
Data processing 576 368 930 715
Professional services 260 283 789 486
Other 1,088 1,129 2,119 2,130
Total non-interest expense 6,983 6,980 14,235 13,459
Income before income tax expense 3,232 6,337 5,341 11,125
Income tax expense 943 1,809 1,565 3,179
Net income 2,289 4,528 3,776 7,946
Other comprehensive (loss) income, net of tax (6,251) 421 (16,269) (820)
Comprehensive (loss) income available to common stockholders $ (3,962) $ 4,949 $ (12,493) $ 7,126
Basic earnings per common share (in dollars per share) $ 0.52 $ 1.01 $ 0.86 $ 1.76
Diluted earnings per common share (in dollars per share) $ 0.52 $ 1.00 $ 0.86 $ 1.74
Financial Service [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 810 $ 783 $ 1,576 $ 1,522
Bank Servicing [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 396 $ 384 $ 782 $ 779