Annual report pursuant to Section 13 and 15(d)

Note 3 - Loans (Tables)

v3.23.1
Note 3 - Loans (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
   

2022

   

2021

 
      (Dollars in thousands)  

First mortgage loans

               

1-4 family residential

  $ 95,584     $ 88,028  

Multi-family

    3,237       3,497  

Commercial

    3,921       4,604  

Total first mortgage loans

    102,742       96,129  

Consumer loans

    249       372  

Total loans

    102,991       96,501  

Net deferred loan costs

    992       812  

Allowance for loan losses

    (624 )     (779 )

Total loans, net

  $ 103,359     $ 96,534