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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 10,120 $ 36,259
Securities available for sale (at fair value) 239,693 246,019
Loans held for sale (at fair value) 567 1,314
Loans receivable, net 785,982 777,078
Accrued interest receivable 3,199 3,003
Mortgage servicing rights, net 2,878 2,986
Premises and equipment, net 16,467 16,492
Goodwill 802 802
Prepaid expenses and other assets 3,800 3,902
Deferred tax asset, net 8,074 8,347
Total assets 1,071,582 1,096,202
Deposits 958,318 981,926
Federal Home Loan Bank advances and Federal Reserve borrowings 2,300 0
Accrued interest payable 1,049 298
Customer escrows 8,463 10,122
Accrued expenses and other liabilities 1,230 6,520
Total liabilities 971,360 998,866
Commitments and contingencies
Stockholders’ equity:    
Serial preferred stock ($.01 par value):authorized 500,000 shares; issued 0 0 0
Common stock ($.01 par value): authorized 16,000,000 shares; issued 9,128,662 outstanding 4,484,614 and 4,480,976 91 91
Additional paid-in capital 40,975 41,013
Retained earnings, subject to certain restrictions 138,952 138,409
Accumulated other comprehensive loss (17,515) (19,761)
Unearned employee stock ownership plan shares (1,014) (1,063)
Treasury stock, at cost 4,644,048 and 4,647,686 shares (61,267) (61,353)
Total stockholders’ equity 100,222 97,336
Total liabilities and stockholders’ equity 1,071,582 1,096,202
Collateralized Mortgage-Backed Securities [Member]    
Assets    
Securities available for sale (at fair value) 185,836 192,688
Other Debt Obligations [Member]    
Assets    
Securities available for sale (at fair value) $ 53,857 $ 53,331