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Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income:        
Loans receivable $ 7,473 $ 7,837 $ 21,389 $ 22,754
Securities available for sale:        
Mortgage-backed and related 691 457 2,126 1,288
Other marketable 120 57 289 226
Other 347 50 449 116
Total interest income 8,631 8,401 24,253 24,384
Interest expense:        
Deposits 340 360 910 1,223
Advances and other borrowings 0 0 5 0
Total interest expense 340 360 915 1,223
Net interest income 8,291 8,041 23,338 23,161
Provision for loan losses 579 (886) 941 (2,353)
Net interest income after provision for loan losses 7,712 8,927 22,397 25,514
Non-interest income:        
Gain on sales of loans 414 1,471 2,096 4,909
Other 413 381 1,264 2,639
Total non-interest income 2,054 3,051 6,945 11,048
Non-interest expense:        
Compensation and benefits 4,355 3,948 12,805 11,865
Occupancy and equipment 918 1,090 2,865 3,301
Data processing 513 384 1,443 1,099
Professional services 306 409 1,095 895
Other 1,082 1,075 3,201 3,205
Total non-interest expense 7,174 6,906 21,409 20,365
Income before income tax expense 2,592 5,072 7,933 16,197
Income tax expense 761 1,453 2,326 4,632
Net income 1,831 3,619 5,607 11,565
Other comprehensive loss, net of tax (7,189) (688) (23,458) (1,508)
Comprehensive (loss) income available to common stockholders $ (5,358) $ 2,931 $ (17,851) $ 10,057
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.82 $ 1.28 $ 2.57
Diluted earnings per common share (in dollars per share) $ 0.42 $ 0.81 $ 1.27 $ 2.55
Financial Service [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 821 $ 810 $ 2,397 $ 2,332
Bank Servicing [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 406 $ 389 $ 1,188 $ 1,168