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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income:    
Loans receivable $ 39,646 $ 30,448
Securities available for sale:    
Mortgage-backed and related 2,362 2,801
Other marketable 966 428
Other 503 578
Total interest income 43,477 34,255
Interest expense:    
Deposits 12,290 1,732
Customer escrows 59 16
Advances and other borrowings 371 251
Total interest expense 12,720 1,999
Net interest income 30,757 32,256
Provision for credit losses (1) [1] 713 1,071
Net interest income after provision for credit losses 30,044 31,185
Non-interest income:    
Gain on sales of loans [2] 1,494 2,393
Other 1,860 1,682
Total non-interest income 8,281 8,887
Non-interest expense:    
Compensation and benefits 18,113 17,211
Occupancy and equipment 3,626 3,812
Data processing 2,187 1,948
Professional services 1,051 1,386
Other 4,795 4,444
Total non-interest expense 29,772 28,801
Income before income tax expense 8,553 11,271
Income tax expense 2,548 3,226
Net income 6,005 8,045
Other comprehensive income (loss), net of tax 6,570 (18,178)
Comprehensive income (loss) available to common stockholders $ 12,575 $ (10,133)
Basic earnings per share (in dollars per share) $ 1.38 $ 1.85
Diluted earnings per share (in dollars per share) $ 1.37 $ 1.83
Financial Service [Member]    
Non-interest income:    
Revenue from Contract with Customer $ 3,352 $ 3,222
Bank Servicing [Member]    
Non-interest income:    
Revenue from Contract with Customer [2] $ 1,575 $ 1,590
[1] The Company adopted Accounting Standard Update (ASU) 2016-13 as of January 1, 2023. The 2022 amount presented is calculated under the prior accounting standard.
[2] Not within the scope of ASC 606.