Annual report pursuant to Section 13 and 15(d)

Note 4 - Allowance for Loan Losses - Changes in Allowance for Loan Losses (Details)

v3.23.1
Note 4 - Allowance for Loan Losses - Changes in Allowance for Loan Losses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Beginning balance $ 779 $ 870
Charge-offs 0 (99)
Recoveries 75 31
Net recoveries 75 (68)
Reversal of provision for loan losses (230) (23)
Ending balance 624 779
Collectively evaluated allowance for loan losses 555 661
Collectively evaluated, Recorded investment in loans 102,118 95,365
Allowance for loan losses, individually evaluated 69 118
Individually evaluated, recorded investment in loans 873 1,136
Total, Allowance for loan losses 624 779
Loans 102,991 96,501
First Mortgage Loans [Member]    
Loans 102,742 96,129
First Mortgage Loans [Member] | One To Four Family Residential [Member]    
Beginning balance 675 798
Charge-offs 0 0
Recoveries 75 31
Net recoveries 75 31
Reversal of provision for loan losses (169) (154)
Ending balance 581 675
Collectively evaluated allowance for loan losses 512 557
Collectively evaluated, Recorded investment in loans 94,711 86,892
Allowance for loan losses, individually evaluated 69 118
Individually evaluated, recorded investment in loans 873 1,136
Total, Allowance for loan losses 581 675
Loans 95,584 88,028
First Mortgage Loans [Member] | Multifamily [Member]    
Beginning balance 69 29
Charge-offs 0 0
Recoveries 0 0
Net recoveries 0 0
Reversal of provision for loan losses (50) 40
Ending balance 19 69
Collectively evaluated allowance for loan losses 19 69
Collectively evaluated, Recorded investment in loans 3,237 3,497
Allowance for loan losses, individually evaluated 0 0
Individually evaluated, recorded investment in loans 0 0
Total, Allowance for loan losses 19 69
Loans 3,237 3,497
First Mortgage Loans [Member] | Commercial Real Estate [Member]    
Beginning balance 25 38
Charge-offs 0 0
Recoveries 0 0
Net recoveries 0 0
Reversal of provision for loan losses (6) (13)
Ending balance 19 25
Collectively evaluated allowance for loan losses 19  
Collectively evaluated, Recorded investment in loans 3,921  
Allowance for loan losses, individually evaluated 0  
Individually evaluated, recorded investment in loans 0  
Total, Allowance for loan losses 19  
Loans 3,921 4,604
First Mortgage Loans [Member] | Commercial Portfolio Segment [Member]    
Collectively evaluated allowance for loan losses   25
Collectively evaluated, Recorded investment in loans   4,604
Allowance for loan losses, individually evaluated   0
Individually evaluated, recorded investment in loans   0
Total, Allowance for loan losses   25
Loans   4,604
Consumer Portfolio Segment [Member]    
Beginning balance 10 5
Charge-offs 0 (99)
Recoveries 0 0
Net recoveries 0 (99)
Reversal of provision for loan losses (5) 104
Ending balance 5 10
Collectively evaluated allowance for loan losses 5 10
Collectively evaluated, Recorded investment in loans 249 372
Allowance for loan losses, individually evaluated 0 0
Individually evaluated, recorded investment in loans 0 0
Total, Allowance for loan losses 5 10
Loans $ 249 $ 372