Sunnyside Bancorp (SNNY) 10-Q 14 May 21 2021 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 12, 2021
Cover [Abstract]
Entity Registrant Name	Sunnyside Bancorp, Inc.
Entity Central Index Key	0001571398
Document Type	10-Q
Document Period End Date	Mar. 31, 2021
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		793,500
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents	$ 2,467,349	$ 2,146,691
Certificates of deposit	500,000	500,000
Securities held to maturity, net; approximate fair value of $437,000 (March 31, 2021) and $442,000 (December 31, 2020)	419,937	420,871
Securities available for sale	48,939,250	50,027,457
Loans receivable, net	40,533,858	39,266,472
Premises and equipment, net	959,450	988,784
Federal Home Loan Bank of New York and other stock, at cost	221,700	225,900
Accrued interest receivable	495,956	525,768
Cash surrender value of life insurance	2,453,873	2,438,576
Deferred income taxes	891,717	685,308
Other assets	247,520	276,285
Total assets	98,130,610	97,502,112
Liabilities:
Deposits	85,284,150	78,250,794
Borrowings	1,258,616	6,501,089
Advances from borrowers for taxes and insurance	444,774	538,879
Other liabilities	694,926	610,369
Total liabilities	87,682,466	85,901,131
Commitments and contingencies
Stockholders' equity:
Serial preferred stock;par value $.01, 1,000,000 shares authorized, no shares issued
Common stock; par value $.01, 30,000,000 shares authorized and 793,500 shares issued	7,935	7,935
Additional paid-in capital	7,106,584	7,104,920
Unallocated common stock held by the Employee Stock Ownership Plan	(371,912)	(377,524)
Retained earnings	5,247,349	5,630,970
Accumulated other comprehensive (loss)	(1,541,812)	(765,320)
Total stockholders' equity	10,448,144	11,600,981
Total liabilities and stockholders' equity	$ 98,130,610	$ 97,502,112

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Securities held to maturity, fair value	$ 437,000	$ 442,000
Serial preferred stock, par value	$ 0.01	$ 0.01
Serial preferred stock, shares authorized	1,000,000	1,000,000
Serial preferred stock, shares issued
Common stock, par value	$ .01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	793,500	793,500

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Interest and dividend income:
Loans	$ 463,459	$ 438,380
Investment securities	60,398	55,435
Mortgage-backed securities	146,882	173,498
Federal funds sold and other earning assets	4,799	16,241
Total interest and dividend income	675,538	683,554
Interest expense:
Deposits	90,876	192,492
Borrowings	11,023	9,289
Total interest expense	101,899	201,781
Net interest income	573,639	481,773
Provision for loan losses	57,387	10,876
Net interest income after provision for loan losses	516,252	470,897
Non-interest income:
Fees and service charges	16,717	24,064
Income on bank owned life insurance	15,297	15,195
Total non-interest income	32,014	39,259
Non-Interest Expense:
Compensation and benefits	277,590	299,329
Occupancy and equipment, net	64,869	61,733
Data processing service fees	78,959	73,536
Professional fees	446,177	101,515
Federal deposit insurance premiums	5,629
Advertising and promotion	17,322	10,276
Other	50,128	45,109
Total non-interest expense	940,674	591,498
Loss before income tax benefit	(392,408)	(81,342)
Income tax benefit	(8,787)	(17,940)
Net loss	$ (383,621)	$ (63,402)
Basic and diluted loss per share	$ (0.51)	$ (0.08)
Weighted average shares outstanding, basic and diluted	755,938	753,577

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (383,621)	$ (63,402)
Defined benefit pension plans:
Amortization of loss included in net periodic plan cost	15,042	14,367
Unrealized gains (losses) on securities available for sale:
Unrealized holding gains (losses) arising during the period	(997,943)	844,554
Other comprehensive income (loss), before tax	(982,901)	858,921
Income tax expense (benefit) related to items of other comprehensive income (loss)	(206,409)	180,395
Other comprehensive income (loss), net of tax (benefit)	(776,492)	678,526
Comprehensive income (loss)	$ (1,160,113)	$ 615,124

Condensed Consolidated Statem_5

Condensed Consolidated Statement of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Unallocated Common Stock Held by ESOP [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2019	$ 7,935	$ 7,092,368	$ (399,974)	$ 5,866,598	$ (1,162,596)	$ 11,404,331
Net loss				(63,402)		(63,402)
ESOP shares allocated or committed to be released		1,141	5,612			6,753
Restricted stock awards earned		5,513				5,513
Other comprehensive income, net of tax					678,526	678,526
Balance at Mar. 31, 2020	7,935	7,099,022	(394,362)	5,803,196	(484,070)	12,031,721
Balance at Dec. 31, 2020	7,935	7,104,920	(377,524)	5,630,970	(765,320)	11,600,981
Net loss				(383,621)		(383,621)
ESOP shares allocated or committed to be released		1,664	5,612			7,276
Other comprehensive income, net of tax					(776,492)	(776,492)
Balance at Mar. 31, 2021	$ 7,935	$ 7,106,584	$ (371,912)	$ 5,247,349	$ (1,541,812)	$ 10,448,144

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities:
Net loss	$ (383,621)	$ (63,402)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation expense	29,334	26,847
Amortization of premiums and accretion of discounts, net	54,737	51,815
Amortization of deferred loan fees and costs, net	(91,275)	21,414
Provision for loan losses	57,387	10,876
Decrease in accrued interest receivable	29,812	43,513
Increase in cash surrender value of life insurance	(15,297)	(15,195)
Net decrease in other assets	28,765	36,130
Net increase (decrease) in other liabilities	99,599	(11,532)
Amortization of stock compensation plans	7,276	12,266
Net cash (used in) provided by operating activities	(183,283)	112,732
Cash flows from investing activities:
Purchases of securities available for sale	(37,143,625)	(7,704,833)
Repayments and maturities of securities held to maturity	999	890
Repayments and maturities of securities available for sale	37,179,087	5,458,578
Loan originations, net of principal repayments	(1,233,498)	1,039,738
Purchases of premises and equipment		(1,100)
Redemption of Federal Home Loan Bank and other stock	4,200	4,100
Net cash used in investing activities	(1,192,837)	(1,202,627)
Cash flows from financing activities:
Net increase in deposits	7,033,356	2,104,390
Net decrease in advances from borrowers for taxes and insurance	(94,105)	(93,412)
Repayment of long-term borrowings	(124,078)	(90,952)
Net decrease in short-term borrowings	(5,118,395)
Net cash provided by financing activities	1,696,778	1,920,026
Net increase in cash and cash equivalents	320,658	830,131
Cash and cash equivalents at beginning of period	2,146,691	1,820,482
Cash and cash equivalents at end of period	2,467,349	2,650,613
Supplemental Information:
Interest	111,287	201,945
Income taxes	$ 1,792	$ 2,859

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following is a description of the more significant policies used in the presentation of the accompanying consolidated financial statements of Sunnyside Bancorp, Inc. and Subsidiary, (collectively, the “Company”). Principles of Consolidation The consolidated financial statements are comprised of the accounts of Sunnyside Bancorp. Inc., and its wholly-owned subsidiary, Sunnyside Federal Savings and Loan Association of Irvington (“Sunnyside Federal” or the “Association”). All significant intercompany accounts and transactions have been eliminated in consolidation. Business Sunnyside Federal is a community-oriented savings institution whose primary business is accepting deposits from customers within its market area (Westchester County, New York) and investing those funds in mortgage loans secured by one-to-four family residences and in mortgage-backed and other securities. To a significantly lesser extent, funds are invested in multi-family and commercial mortgage loans, commercial loans, and consumer loans. Customer deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation. As a federally-chartered savings association, Sunnyside Federal’s primary regulator is the Office of the Controller of the Currency (the “OCC”). Basis of Financial Statement Presentation The accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with instructions for Form 10-Q, and in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. However, such information presented reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of the Company’s management, necessary for a fair statement of results for the interim period. The results of operations for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ended December 31, 2021, or any other future interim period. The unaudited consolidated financial statements and notes thereto should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2020 included in the Company’s annual report on Form 10-K. Cash and Cash Equivalents For purposes of reporting cash flows, the Company considers all cash and amounts due from depository institutions and interest-bearing deposits in other depository institutions with original maturities of three months or less to be cash equivalents. Investment and Mortgage-Backed Securities Securities that the Company has the positive intent and ability to hold to maturity are classified as held-to-maturity securities and reported at amortized cost. Securities classified as available-for-sale securities are reported at fair value, with unrealized holding gains or losses reported in a separate component of retained earnings. As of March 31, 2021, and December 31, 2020, the Company had no securities classified as held for trading. The Company conducts a periodic review and evaluation of the securities portfolio to determine if a decline in the fair value of any security below its cost basis is other-than-temporary. The evaluation of other-than-temporary impairment considers the duration and severity of the impairment, the Company’s intent and ability to hold the securities and assessments of the reason for the decline in value and the likelihood of a near-term recovery. If such a decline is deemed other-than-temporary, the security is written down to a new cost basis and the resulting loss is charged to income as a component of non-interest expense. Premiums and discounts on securities are amortized by use of the level-yield method, over the life of the individual securities. Gain or loss on sales of securities is based upon the specific identification method. Loans Receivable Loans receivable are stated at unpaid principal balances less the allowance for loan losses and net deferred loan fees. Recognition of interest on the accrual method is generally discontinued when interest or principal payments are ninety days or more in arrears, or when other factors indicate that the collection of such amounts is doubtful. At that time, a loan is placed on a nonaccrual status, and all previously accrued and uncollected interest is reversed against interest income in the current period. Interest on such loans, if appropriate, is recognized as income when payments are received. A loan is returned to an accrual status when factors indicating doubtful collectability no longer exist. Allowance for Loan Losses An allowance for loan losses is maintained at a level, to the best of management’s knowledge, to cover all known and inherent losses in the portfolio that are both probable and reasonable to estimate. Management of the Company, in determining the provision for loan losses considers the risks inherent in its loan portfolio and changes in the nature and volume of its loan activities, along with the general economic and real estate market conditions. The Company utilizes a two-tier approach: (1) identification of problem loans and establishment of specific loss allowances on such loans; and (2) establishment of general valuation allowances on the remainder of its loan portfolio. The Company maintains a loan review system which allows for a periodic review of its loan portfolio and the early identification of potential problem loans. Such system takes into consideration, among other things, delinquency status, size of loans, type of collateral, and financial condition of the borrowers. Specific loan losses are established for identified loans based on a review of such information and appraisals of the underlying collateral. General loan losses are based upon a combination of factors including, but not limited to, actual loan loss experience, composition of the loan portfolio, current economic conditions, and management’s judgment. Although management believes that adequate specific and general loan loss allowances are established, actual losses are dependent upon future events and, as such, further additions to the level of specific and general loan loss allowances may be necessary. A loan evaluated for impairment is deemed to be impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. An insignificant payment delay, which is defined as up to ninety days by the Company, will not cause a loan to be classified as impaired. A loan is not impaired during a period of delay in payment if the Company expects to collect all amounts due, including interest accrued at the contractual interest rate for the period of delay. The amount of loan impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, as a practical expedient, at the loan’s observable market price or the fair value of the collateral if the loan is collateral dependent. All loans identified as impaired are evaluated independently. The Company does not aggregate such loans for evaluation purposes. Payments received on impaired loans are applied first to accrued interest receivable and then to principal. Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has caused significant disruption to the national economy including New York and the tri-state area, resulting in many business sectors operating below capacity, increased unemployment levels and volatility in the financial markets. In response to the negative effects of COVID-19 on the U.S. economy, Congress enacted the Coronavirus Aide, Relief, and Economic Security Act (“CARES Act”), among other actions, in addition to monetary actions taken by the Federal Reserve, which provide for financial stimulus and government lending programs at unprecedented levels. The effects of these programs, as well as any potential additional stimulus, to support businesses and consumers remain uncertain. Some of the provisions of the CARES Act applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications Loans Receivable, Net ● Paycheck Protection Program Loans Receivable, Net Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications Loans Receivable, Net ● Past Due Reporting ● Nonaccrual Status and Charge-offs Federal Home Loan Bank of New York stock As a member of the Federal Home Loan Bank of New York (“FHLB”), Sunnyside Federal is required to acquire and hold shares of FHLB Class B stock. The holding requirement varies based on Sunnyside Federal’s activities, primarily our outstanding borrowings, with the FHLB. The investment in FHLB stock is carried at cost. The Company conducts a periodic review and evaluation of its FHLB stock to determine if any impairment exists. Premises and Equipment Premises and equipment are comprised of land, building, and furniture, fixtures, and equipment, at cost, less accumulated depreciation. Depreciation charges are computed on the straight-line method over the following estimated useful lives: Building and improvements 5 to 40 years Furniture, fixtures and equipment 2 to 10 years Bank-Owned Life Insurance Bank-owned life insurance (“BOLI”) is accounted for in accordance with FASB guidance. The cash surrender value of BOLI is recorded on the statement of financial condition as an asset and the change in the cash surrender value is recorded as non-interest income. The amount by which any death benefits received exceeds a policy’s cash surrender value is recorded in non-interest income at the time of receipt. A liability is also recorded on the statement of financial condition for postretirement death benefits provided by the split-dollar endorsement policy. A corresponding expense is recorded in non-interest expense for the accrual of benefits over the period during which employees provide services to earn the benefits. Income Taxes Federal and state income taxes have been provided on the basis of reported income. The amounts reflected on the tax return differ from these provisions due principally to temporary differences in the reporting of certain items for financial reporting and income tax reporting purposes. The tax effect of these temporary differences is accounted as deferred taxes applicable to future periods. Deferred income tax expense or benefit is determined by recognizing deferred tax assets and liabilities for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date. The realization of deferred tax assets is assessed and a valuation allowance provided, when necessary, for that portion of the asset which is not likely to be realized. Employee Benefits Defined Benefit Plans: The accounting guidance related to retirement benefits requires an employer to: (a) recognize in its statement of financial position an asset for a plan’s overfunded status or a liability for a plan’s underfunded status; (b) measure a plan’s assets and its obligations that determine its funded status as of the end of the employer’s fiscal year; and (c) recognize, in comprehensive income, changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur. The accounting guidance requires that plan assets and benefit obligations be measured as of the date of the employer’s fiscal year-end statement of financial condition. 401(k) Plan: The Company has a 401(k) plan covering substantially all employees. The Company matches 50% of the first 6% contributed by participants and recognizes expense as its contributions are made. Employee Stock Ownership Plan: The employee stock ownership plan (ESOP) is accounted for in accordance with the provisions of ASC 718-40, “Employers’ Accounting for Employee Stock Ownership Plans.” The funds borrowed by the ESOP from the Company to purchase the Company’s common stock are being repaid from the Association’s contributions over a period of up to 25 years. The Company’s common stock not yet allocated to participants is recorded as a reduction of stockholders’ equity at cost. Compensation expense for the ESOP is based on the market price of the Company’s stock and is recognized as shares are committed to be released to participants. Equity Incentive Plan: On July 17, 2014, the Board of Directors adopted the Sunnyside Bancorp, Inc. 2014 Equity Incentive Plan (the “Stock Incentive Plan”) which was approved by shareholders at the Company’s 2014 Annual Meeting of Shareholders held on September 16, 2014. Stock options and restricted stock may be granted to directors, officers and other employees of the Company. The maximum number of shares which may be issued upon exercise of the options under the plan cannot exceed 79,350 shares. The maximum number of shares of stock that may be issued as restricted stock awards cannot exceed 23,805. The Stock Incentive Plan will remain in effect as long as any awards under it are outstanding; however, no awards may be granted under the Stock Incentive Plan on or after the 10-year anniversary of the effective date of the Stock Incentive Plan or July 17, 2024. On June 16, 2015, the Company granted 10,500 shares of restricted stock to certain executive officers, with a grant date fair value of $10.50 per share. Twenty percent of the shares awarded vest annually. Management recognizes expense for the fair value of those awards on a straight-line basis over the requisite service period. For the three-month period ended March 31, 2021 and 2020, the Company recognized approximately $0 and $5,500, respectively, in expense. These awards were fully expensed as of June 30, 2020. There were no stock options outstanding as of March 31, 2021. Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, and the actuarial gains and losses of the pension plan, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income. Concentration of Credit Risk and Interest-Rate Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents, investment and mortgage-backed securities and loans. Cash and cash equivalents include amounts placed with highly rated financial institutions. Investment securities include securities backed by the U.S. Government and other highly rated instruments. The Company’s lending activity is primarily concentrated in loans collateralized by real estate in the State of New York. As a result, credit risk is broadly dependent on the real estate market and general economic conditions in the State. The Company is principally engaged in the business of attracting deposits from the general public and using these deposits, together with borrowings and other funds, to make loans secured by real estate in the State of New York. The potential for interest-rate risk exists as a result of the shorter duration of the Company’s interest-sensitive liabilities compared to the generally longer duration of interest-sensitive assets. In a rising rate environment, liabilities will reprice faster than assets, thereby reducing net interest income. For this reason, management regularly monitors the maturity structure of the Company’s assets and liabilities in order to measure its level of interest-rate risk and to plan for future volatility. Advertising Costs It is the Company’s policy to expense advertising costs in the period in which they are incurred. Earnings Per Share Basic earnings per common share, or EPS, are computed by dividing net income by the weighted-average common shares outstanding during the year. The weighted-average common shares outstanding includes the weighted-average number of shares of common stock outstanding less the weighted average number of unallocated shares held by the ESOP and the unvested shares of restricted stock. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options. Potential common shares related to stock options are determined using the treasury stock method. Subsequent Events The Company evaluated its March 31, 2021 consolidated financial statements for subsequent events through the date the consolidated financial statements were issued. See also note 2 to the consolidated financial statements. Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-14, “Compensation - Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20).” This update amends and modifies the disclosure requirements for employers that sponsor defined benefit pension or other post-retirement plans. The amendments in this update remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of certain disclosures, and add disclosure requirements identified as relevant. The adoption of this guidance on January 1, 2021, did not have a material effect on the Company’s consolidated financial statements. In June, 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses” (Topic 326), which introduces new guidance for the accounting for credit losses on instruments within its scope. The new guidance introduces an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale (AFS) debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. In April, 2019, FASB issued ASU 2019-04, “Codification Improvements to Topic 326, Financial Instruments—Credit Losses”. ASU 2019-04 made amendments to the following categories in ASU 2016-13 which include Accrued interest, transfers between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projections of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures and extension and renewal options. In May, 2019, FASB issued ASU 2019-05, “Financial Instruments - Credit Losses (Topic 326); Targeted Transition Relief”, ASU 2019-05 allows the Company to irrevocably elect, upon adoption of ASU 2016-13, the fair value option on financial instruments that (1) were previously recorded at amortized cost and (2) are within the scope of Topic 326 if the instruments are eligible for the fair value option under authoritative guidance for fair value. The fair value option election does not apply to held-to-maturity debt securities. We are required to make this election on an instrument-by-instrument basis. This ASU will be effective for public business entities that are a smaller reporting company in fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”. Under the new guidance, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (i) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (ii) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Public business entities that are a smaller reporting company should apply the amendments in ASU 2016-02 for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. Early application is permitted for all public business entities upon issuance. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The adoption of this guidance on January 1, 2022 is not expected to have a material effect on the Company’s consolidated financial statements.

Plan of Merger

Plan of Merger	3 Months Ended
	Mar. 31, 2021
Plan Of Merger
Plan of Merger	2. PLAN OF MERGER As previously disclosed on Form 8-K filed March 17, 2021, DLP Bancshares, Inc., a Delaware corporation (“DLP Bancshares”), DLP Ventures Holdings Inc., a Delaware corporation (“Merger Sub”) and Donald Wenner, entered into an Agreement and Plan of Merger (the “Merger Agreement”) with the Company, pursuant to which DLP Bancshares will acquire the Company. Under the terms of the Merger Agreement, DLP Bancshares will acquire all of Sunnyside Bancorp’s outstanding common stock at a price of $15.55 per share in cash, subject to potential adjustment as provided in the Merger Agreement. The aggregate value of the transaction is expected to be approximately $12.3 million. Consummation of the merger is subject to certain conditions, including, among others, approval of the merger by Sunnyside Bancorp’s stockholders, the receipt of all required regulatory approvals and expiration of applicable waiting periods, accuracy of specified representations and warranties of each party, the performance in all material respects by each party of its obligations under the Merger Agreement, and the absence of any injunctions or other legal restraints. The Merger Agreement provides certain termination rights for both DLP Bancshares and Sunnyside Bancorp, and further provides that upon termination of the Merger Agreement under certain circumstances, Sunnyside Bancorp will be obligated to pay DLP Bancshares a termination fee of $615,000. The Merger Agreement further provides that upon termination of the Merger Agreement under certain circumstances, either DLP Bancshares or Mr. Wenner will be obligated to pay Sunnyside Bancorp a termination fee of $615,000. Those funds were placed in escrow at the time of the execution of the Merger Agreement.

Mutual to Stock Conversion and

Mutual to Stock Conversion and Liquidation Account	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Mutual to Stock Conversion and Liquidation Account	3. MUTUAL TO STOCK CONVERSION AND LIQUIDATION ACCOUNT On July 15, 2013, the Association completed its mutual-to-stock conversion, and the Company consummated its initial stock offering. The Company sold 793,500 shares of its common stock, including 55,545 shares purchased by the Association’s ESOP, at a price of $10.00 per share, in a subscription offering, for gross offering proceeds of $7,935,000. The cost of conversion and the stock offering were deferred and deducted from the proceeds of the offering. Conversion costs incurred totaled $845,000 resulting in net proceeds of $6.5 million after also deducting the shares acquired by the ESOP. In accordance with applicable federal conversion regulations, at the time of the completion of our mutual-to-stock conversion, the Company established a liquidation account in the Association in an amount equal to the Association’s total retained earnings as of the latest balance sheet date in the final prospectus used in the Conversion. Each eligible account holder or supplemental account holder is entitled to a proportionate share of this liquidation account in the event of a complete liquidation of the Association, and only in such event. This share will be reduced if the eligible account holder’s or supplemental account holder’s deposit balance falls below the amounts on the date of record as of any December 31 and will cease to exist if the account is closed. The liquidation account will never be increased despite any increase after conversion in the related deposit balance. The Company may not declare, pay a dividend on, or repurchase any of its capital stock, if the effect thereof would cause retained earnings to be reduced below the liquidation account amount or regulatory capital requirements.

Certificates of Deposit

Certificates of Deposit	3 Months Ended
	Mar. 31, 2021
Commercial And Other Loans [Member]
Certificates of Deposit	4. CERTIFICATES OF DEPOSIT March 31, December 31, 2021 2020 Maturing in: After five to ten years $ 500,000 $ 500,000

Securities

Securities	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Securities	5. SECURITIES March 31, 2021 Amortized Gross Unrealized Fair Cost Gains Losses Value Securities held to maturity: State, county, and municipal obligations $ 347,089 $ 15,697 $ - $ 362,786 Mortgage-backed securities 72,848 1,139 - 73,987 $ 419,937 $ 16,836 $ - $ 436,773 Securities available for sale: U.S. government and agency obligations $ 20,595,151 $ 10,491 $ 682,293 19,923,349 Mortgage-backed securities 28,722,858 497,206 204,163 29,015,901 $ 49,318,009 $ 507,697 $ 886,456 $ 48,939,250 December 31, 2020 Amortized Gross Unrealized Fair Cost Gains Losses Value Securities held to maturity: State, county, and municipal obligations $ 347,033 $ 20,615 $ - $ 367,648 Mortgage-backed securities 73,838 339 - 74,177 $ 420,871 $ 20,954 $ - $ 441,825 Securities available for sale: U.S. government and agency obligations $ 20,246,530 $ 28,158 $ 22,640 20,252,048 Mortgage-backed securities 29,161,743 629,374 15,708 29,775,409 $ 49,408,273 $ 657,532 $ 38,348 $ 50,027,457 Mortgage-backed securities consist of securities guaranteed by Ginnie Mae, Fannie Mae and Freddie Mac with amortized costs of $808,000, $9.2 million and $13.2 million, respectively, at March 31, 2021 ($1.0 million, $9.4 million, and $13.2 million, respectively, at December 31, 2020). Mortgage-backed securities also include other commercial mortgage-backed securities totaling $5.6 million at March 31, 2021. ($5.6 million at December 31, 2020). There were no sales or calls of securities held to maturity or available for sale for the three months ended March 31, 2021 and 2020, respectively. The following is a summary of the amortized cost and fair value of securities at March 31, 2021 and December 31, 2020, by remaining period to contractual maturity. Actual maturities may differ from these amounts because certain debt security issuers have the right to call or redeem their obligations prior to contractual maturity. In addition, mortgage backed securities that amortize monthly are listed in the period the security is legally set to pay off in full. March 31, 2021 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value Within one year $ - $ - $ 5,599,941 $ 5,610,433 After one to five years - - 5,643,563 5,654,339 After five to ten years - - 3,162,076 3,099,065 After ten years 419,937 436,773 34,912,429 34,575,413 $ 419,937 $ 436,773 $ 49,318,009 $ 48,939,250 December 31, 2020 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value Within one year $ - $ - $ 6,499,847 $ 6,499,910 After one to five years - - 6,100,000 6,115,567 After five to ten years - - 3,329,922 3,353,902 After ten years 420,871 441,825 33,478,504 34,058,078 $ 420,871 $ 441,825 $ 49,408,273 $ 50,027,457 The following tables summarize the fair values and unrealized losses of securities with an unrealized loss at March 31, 2021 and December 31, 2020, segregated between securities that have been in an unrealized loss position for less than one year, or one year or longer, at the respective dates. March 31, 2021 Under One Year One Year or More Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Securities available for sale: U.S. government and agency obligations $ 12,562,917 $ 682,293 $ - $ - Mortgage-backed securities 6,747,974 201,869 86,838 2,294 19,310,891 884,162 86,838 2,294 $ 19,310,891 $ 884,162 $ 86,838 $ 2,294 December 31, 2020 Under One Year One Year or More Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Securities available for sale: U.S. government and agency obligations $ 6,222,465 $ 22,640 $ - $ - Mortgage-backed securities 3,032,774 13,369 88,292 2,339 9,255,239 36,009 88,292 2,339 $ 9,255,239 $ 36,009 $ 88,292 $ 2,339 The unrealized losses are primarily due to changes in market interest rates subsequent to purchase. At March 31, 2021, a total of 11 securities were in an unrealized loss position (6 at December 31, 2020). The Company generally purchases securities issued by Government Sponsored Enterprises (GSE). Accordingly, it is expected that the GSE securities would not be settled at a price less than the Company’s amortized cost basis. The Company does not consider these investments to be other-than-temporarily impaired at March 31, 2021 and December 31, 2020 since the decline in market value is attributable to changes in interest rates and not credit quality and the Company has the intent and ability to hold these investments until there is a full recovery of the unrealized loss, which may be at maturity. Securities available for sale, with a carrying value of approximately $1.9 million at March 31, 2021 have been pledged to secure advances from the Federal Home Loan Bank of New York.

Loans Receivable, Net

Loans Receivable, Net	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Loans Receivable, Net	6. LOANS RECEIVABLE, NET March 31, December 31, 2021 2020 Mortgage loans: Residential 1-4 family $ 14,142,840 $ 14,132,314 Commercial and multi-family 15,646,981 14,954,657 Home equity lines of credit 188,065 193,795 29,977,886 29,280,766 Other loans: Student 3,657,120 3,971,838 Commercial 7,387,234 6,420,542 Passbook 20,980 23,339 11,065,334 10,415,719 Total loans 41,043,220 39,696,485 Less: Deferred loan fees (costs and premiums), net 98,948 29,018 Allowance for loan losses 410,414 400,995 509,362 430,013 $ 40,533,858 $ 39,266,472 As previously mentioned in Note 1 Summary of Significant Accounting Policies In the ordinary course of business, the Company makes loans to its directors, executive officers, and their associates (related parties) on the same terms as those prevailing at the time of origination for comparable loans with other borrowers. The unpaid principal balances of related party loans were approximately $171,000 and $173,000 at March 31, 2021 and December 31, 2020, respectively. Activity in the allowance for loan losses is summarized as follows: Three Months Ended March 31, 2021 2020 Balance at beginning of period $ 400,995 $ 428,908 Provision for loan losses 57,387 10,876 Charge-offs (47,968 ) - Balance at end of period $ 410,414 $ 439,784 The allowance for loan losses consists of specific, general and unallocated components. The specific component relates to loans that are classified as impaired. For loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. There are no specific allowances as of March 31, 2021 and December 31, 2020. The general component covers pools of loans by loan class not considered impaired, as well as smaller balance homogeneous loans, such as one-to-four family real estate, home equity lines of credit and other consumer loans. These pools of loans are evaluated for loss exposure based upon historical loss rates for each of these categories of loans, adjusted for qualitative factors. These qualitative risk factors include: 1. Lending policies and procedures, including underwriting standards and collection, charge-off, and recovery practices. 2. National, regional, and local economic and business conditions including the value of underlying collateral for collateral dependent loans. 3. Nature and volume of the portfolio and terms of loans. 4. Experience, ability, and depth of lending management and staff and the quality of the Company’s loan review system. 5. Volume and severity of past due, classified and nonaccrual loans. 6. Existence and effect of any concentrations of credit and changes in the level of such concentrations. 7. Effect of external factors, such as competition and legal and regulatory requirements. Each factor is assigned a value to reflect improving, stable or declining conditions based on management’s best judgment using relevant information available at the time of the evaluation. Adjustments to the factors are supported through documentation of changes in conditions in a narrative accompanying the allowance for loan loss calculation. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. The allowance calculation methodology includes further segregation of loan classes into risk rating categories. The borrower’s overall financial condition, repayment sources, guarantors and value of collateral, if appropriate, are evaluated when credit deficiencies arise, such as delinquent loan payments. Credit quality risk ratings include regulatory classifications of pass, special mention, substandard, doubtful and loss. Loan classifications are defined as follows: ● Pass — These loans are well protected by the current net worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less cost to acquire and sell, of any underlying collateral in a timely manner. ● Special Mention — These loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects. ● Substandard — These loans are inadequately protected by the current net worth and paying capacity of the obligor or by the collateral pledged, if any. Assets so classified must have a well-defined weakness, or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. ● Doubtful — These loans have all the weaknesses inherent in a loan classified substandard with the added characteristic that the weaknesses make the full recovery of our principal balance highly questionable and improbable on the basis of currently known facts, conditions, and values. The likelihood of a loss on an asset or portion of an asset classified as doubtful is high. Its classification as Loss is not appropriate, however, because pending events are expected to materially affect the amount of loss. ● Loss — These loans are considered uncollectible and of such little value that a charge-off is warranted. This classification does not necessarily mean that an asset has no recovery or salvage value; but rather, there is much doubt about whether, how much, or when the recovery will occur. One of the primary methods the Company uses as an indicator of the credit quality of their portfolio is the regulatory classification system. The following table reflects the credit quality indicators by portfolio segment and class, at the dates indicated: March 31, 2021 Mortgage Loans Commercial Residential 1-4 Family Real Estate and Multi-Family Home Equity Student Commercial and Other Total (In thousands) Pass $ 13,903 $ 13,976 $ 188 $ 3,624 $ 7,408 $ 39,099 Special Mention 240 816 - 33 - 1,089 Substandard - 855 - - - 855 Total $ 14,143 $ 15,647 $ 188 $ 3,657 $ 7,408 $ 41,043 December 31, 2020 Mortgage Loans Commercial Residential 1-4 Family Real Estate and Home Student Commercial Total (In thousands) Pass $ 14,132 $ 13,567 $ 194 $ 3,939 $ 6,444 $ 38,276 Special Mention - 822 - 33 - 855 Substandard - 565 - - - 565 Total $ 14,132 $ 14,954 $ 194 $ 3,972 $ 6,444 $ 39,696 The following table provides information about loan delinquencies at the dates indicated: March 31, 2021 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans 90 Days or More Past Due and Accruing (In thousands) Residential 1-4 family $ - $ 2 $ 240 $ 242 $ 13,901 $ 14,143 $ - Commercial real estate and multi-family - - 256 256 15,391 15,647 - Home equity lines of credit - - - - 188 188 - Student loans 20 28 27 75 3,582 3,657 - Commercial and other loans - - - - 7,408 7,408 - $ 20 $ 30 $ 523 $ 573 $ 40,470 $ 41,043 $ - December 31, 2020 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans 90 Days or More Past Due and Accruing (In thousands) Residential 1-4 family $ - $ - $ 243 $ 243 $ 13,889 $ 14,132 $ - Commercial real estate and multi-family - - 256 256 14,698 14,954 - Home equity lines of credit - - - - 194 194 - Student loans 25 18 30 73 3,899 3,972 - Commercial and other loans - - - - 6,444 6,444 - $ 25 $ 18 $ 529 $ 572 $ 39,124 $ 39,696 $ - The following is a summary of loans, by loan type, on which the accrual of income has been discontinued and loans that are contractually past due 90 days or more but have not been classified as non-accrual at the dates indicated: March 31, December 31, 2021 2020 (In thousands) Residential 1-4 family $ 240 $ 243 Commercial real estate and multi-family 256 256 Home equity lines of credit - - Student loans 123 123 Other loans - - Total non-accrual loans 619 622 Accruing loans delinquent 90 days or more - - Total non-performing loans $ 619 $ 622 The total amount of interest income on non-accrual loans that would have been recognized if interest on all such loans had been recorded based upon original contract terms amounted to approximately $7,900 and $11,000 for the three months ended March 31, 2021 and 2020, respectively. The total amount of interest income recognized on non-accrual loans amounted to approximately $0 and $2,000 during the three months ended March 31, 2021 and 2020, respectively. A loan is defined as impaired when, based on current information and events, it is probable that a creditor will be unable to collect all amounts due under the contractual terms of the loan agreement. The Company considers one-to four-family mortgage loans and consumer installment loans to be homogeneous and, therefore, does not generally evaluate them for impairment, unless they are considered troubled debt restructurings. All other loans are evaluated on an individual basis. The recorded investment in the one loan modified in a troubled debt restructuring totaled $237,270 and $239,107 at March 31, 2021 and December 31, 2020, respectively. This loan was current at March 31, 2021 and complied with the terms of its restructure agreement. Loans that were modified in a troubled debt restructuring represent concessions made to borrowers experiencing financial difficulties. The Company works with these borrowers to modify existing loan terms usually by extending maturities or reducing interest rates. The Company records an impairment loss, if any, based on the present value of expected future cash flows discounted at the original loan’s effective interest rate or the value of the underlying collateral property. Subsequently, these loans are individually evaluated for impairment. The following table provides information about the Company’s impaired loans at March 31, 2021 and December 31, 2020 (in thousands): March 31, 2021 Recorded Investment Unpaid Principal Balance Related Specific Allowance 1-4 residential $ 237 $ 237 $ - December 31, 2020 Recorded Investment Unpaid Principal Balance Related Specific Allowance 1-4 residential $ 239 $ 239 $ - The following tables provide information about the Company’s impaired loans for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended Three Months Ended March 31, 2021 March 31, 2020 Average Recorded Investment Interest Income Received Average Recorded Investment Interest Income Received 1-4 residential $ 238 $ 3 $ 241 $ 3 During the three months ended March 31, 2021 and 2020, there were no new TDR’s that occurred. The Company began offering short-term loan modifications to assist borrowers during the COVID-19 national emergency. These modifications generally involve principal and/or interest payment deferrals for up to six months. Interest continues to legally accrue, and the Company continues to record interest income, during the forbearance period. The Company offers several repayment options such as immediate repayment, repayment over a designated time period, or as a balloon payment at maturity. These modifications generally do not involve forgiveness or interest rate reductions. The CARES Act, along with a joint agency statement issued by banking agencies, provide that short-term modifications made in response to COVID-19 do not need to be accounted for as a TDR. Accordingly, the Company does not account for such loan modifications as TDRs. See Note 1 Summary of Significant Accounting Policies As of March 31, 2021, the Company did not have any COVID-19 related deferments. In the second quarter of 2020, the Company made COVID-19 related short-term loan concessions to two residential 1-4 family mortgage loan totaling $438,000 and two commercial and multi-family mortgage loans totaling $1,055,000. As of March 31, 2021, one of these loans has paid off and the remaining three loans have come out of the deferment period. The following tables present the activity in the allowance for loan losses by loan type for the periods indicated: Three Months Ended March 31, 2021 Mortgage Loans Residential Commercial 1-4 Family and Multi-Family Home Equity Student Other Total (In thousands) Beginning balance $ 98 $ 127 $ 1 $ 164 $ 11 $ 401 Provision for loan losses 2 7 - 49 (1 ) 57 Charge Offs - - - (48 ) - (48 ) Ending Balance $ 100 $ 134 $ 1 $ 165 $ 10 $ 410 Three Months Ended March 31, 2020 Mortgage Loans Residential Commercial 1-4 Family and Multi-Family Home Equity Student Other Total (In thousands) Beginning balance $ 142 $ 134 $ 2 $ 140 $ 11 $ 429 Provision for loan losses 7 1 - 2 1 11 Ending Balance $ 149 $ 135 $ 2 $ 142 $ 12 $ 440

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Borrowings	7. BORROWINGS Advances from the Federal Home Loan Bank of New York totaled $1,258,616 and $1,382,694 as of March 31, 2021 and December 31, 2020, respectively. The advance at March 31, 2021 and December 31, 2020 carried an interest rate of 2.2% and matures in June 2024. Advances from the Federal Reserve Bank of New York totaled $0 and $5,118,395 at March 31, 2021 and December 31, 2020, respectively. These advances were made under the Paycheck Protection Program Liquidity Facility to fund Small Business Administration Paycheck Protection Program (“PPP”) loans that were originated in the second quarter of 2020. The advances have an interest rate of 0.35% and are collateralized by the related PPP loans. The advances must be repaid when the collateral loans are paid off. The collateralized loans have a maturity of two years. At March 31, 2021, the Company had a remaining borrowing capacity at the FHLB of $28.2 million and access to a line of credit at Atlantic Community Bankers Bank of $2,000,000 of which no balances were outstanding at March 31, 2021. See Note 5 to the consolidated financial statements regarding securities pledged as collateral for borrowings.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Accumulated Other Comprehensive Loss	8. ACCUMULATED OTHER COMPREHENSIVE LOSS The components of accumulated other comprehensive loss included in equity are as follows: March 31, December 31, 2021 2020 Unrealized net loss on pension plan $ (1,572,869 ) $ (1,587,911 ) Unrealized gain (loss) on securities available for sale (378,759 ) 619,184 Accumulated other comprehensive loss before taxes (1,951,628 ) (968,727 ) Tax effect 409,816 203,407 Accumulated other comprehensive loss $ (1,541,812 ) $ (765,320 )

Regulatory Capital

Regulatory Capital	3 Months Ended
	Mar. 31, 2021
Deferred loan fees (costs), net and allowance for loan losses
Regulatory Capital	9. REGULATORY CAPITAL The Association is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possible additional discretionary, actions by regulators, that if undertaken could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Association must meet specific capital guidelines that involve quantitative measures of the Association’s assets, liabilities, and certain off-balance-sheet items, as calculated under regulatory accounting practices. Capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Association to maintain minimum amounts and ratios of common equity Tier 1 capital, total and Tier 1 capital to risk-weighted assets, and Tier 1 capital to average assets, as defined in the regulations. As of March 31, 2021, and December 31, 2020, the Association exceeded all capital adequacy requirements to which it was subject (see tables below). There were no conditions or events since March 31, 2021 that management believes have changed the Association’s capital ratings. On January 1, 2015, the final rules implementing the Basel Committee on Banking Supervision capital guidelines for banking organizations (Basel III) regulatory capital framework and related Dodd-Frank Act changes became effective for the Association. These rules supersede the federal banking agencies’ general risk-based capital rules (Basel I). Full compliance with all of the final rule’s requirements was phased in over a multi-year transition period ending on January 1, 2020. Basel III revised minimum capital requirements and adjusted prompt corrective action thresholds. Under the final rules, minimum requirements increased for both the quantity and quality of capital held by the Association. The rules included a new common equity Tier 1 capital to risk-weighted assets ratio of 4.5 percent, raised the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0 percent to 6.0 percent, required a minimum ratio of total capital to risk-weighted assets of 8.0 percent, and required a minimum leverage ratio of 4.0 percent. A new capital conservation buffer, comprised of common equity Tier 1 capital, was also established above the regulatory minimum capital requirements. This conservation buffer was phased in beginning January 1, 2016 at 0.625 percent of risk-weighted assets and increased each subsequent year by an additional 0.625 percent until it reached its final level of 2.5 percent of risk-weighted assets on January 1, 2020. The final rule also revised the definition and calculation of Tier 1 capital, total capital and risk-weighted assets. The following table presents the Association’s actual capital positions and ratios at the dates indicated: Minimum Capital To be Well Capitalized Under Prompt Corrective To be Well Capitalized With Capital Conservation Actual Requirements Action Provisions Buffer Amount Ratio Amount Ratio Amount Ratio Amount Ratio (Dollars in Thousands) March 31, 2021 Tangible Capital $ 10,883 11.49 % $ 1,421 1.50 % N/A N/A N/A N/A Total Risked-based Capital 11,293 25.81 % 4,594 10.50 % 4,375 10.00 % 4,594 10.50 % Common Equity Tier 1 Capital 10,883 24.87 % 3,063 7.00 % 2,844 6.50 % 3,063 7.00 % Tier 1 Risk-based Capital 10,883 24.87 % 3,719 8.50 % 3,500 8.00 % 3,719 8.50 % Tier 1 Leverage Capital 10,883 11.49 % 3,790 4.00 % 4,737 5.00 % N/A N/A December 31, 2020 Tangible Capital $ 11,335 12.35 % $ 1,376 1.50 % N/A N/A N/A N/A Total Risked-based Capital 11,736 26.95 % 4,572 10.50 % 4,354 10.00 % 4,572 10.50 % Common Equity Tier 1 Capital 11,335 26.03 % 3,048 7.00 % 2,830 6.50 % 3,048 7.00 % Tier 1 Risk-based Capital 11,335 26.03 % 3,701 8.50 % 3,484 8.00 % 3,701 8.50 % Tier 1 Leverage Capital 11,335 12.35 % 3,670 4.00 % 4,588 5.00 % N/A N/A

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements and Disclosures	10. FAIR VALUE MEASUREMENTS AND DISCLOSURES A. Fair Value Measurements The Accounting Standards Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures,” defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC Topic 820 applies only to fair value measurements already required or permitted by other accounting standards and does not impose requirements for additional fair value measures. ASC Topic 820 was issued to increase consistency and comparability in reporting fair values. The Company uses fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. The Company did not have any liabilities that were measured at fair value at March 31, 2021 and December 31, 2020. Securities available-for-sale are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets or liabilities on a non-recurring basis, such as foreclosed real estate owned and certain impaired loans. These non-recurring fair value adjustments generally involve the write-down of individual assets due to impairment losses. In accordance with ASC Topic 820, the Company groups its assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: ● Level 1 — Valuation is based upon quoted prices for identical instruments traded in active markets. ● Level 2 — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market. ● Level 3 — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of option pricing models, discounted cash flow models and similar techniques. The results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset or liability. The Company bases its fair values on the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. ASC Topic 820 requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Assets that are measured on a recurring basis are limited to the available-for-sale securities portfolio. The available-for-sale portfolio is carried at estimated fair value with any unrealized gains and losses, net of taxes, reported as accumulated other comprehensive income or loss in stockholders’ equity. Substantially all of the available-for-sale portfolio consists of investment securities issued by government-sponsored enterprises. The fair values for substantially all of these securities are obtained from an independent securities broker. Based on the nature of the securities, the securities broker provides the Company with prices which are categorized as Level 2 since quoted prices in active markets for identical assets are generally not available for the majority of securities in the portfolio. The following table provides the level of valuation assumptions used to determine the carrying value of assets measured at fair value on a recurring basis at March 31, 2021 and December 31, 2020: Carrying Quoted Prices in Active Markets for Identical Significant Other Observable Inputs Significant Unobservable Inputs Description Value (Level 1) (Level 2) (Level 3) March 31, 2021: Securities available for sale $ 48,939,250 $ - $ 48,939,250 $ - December 31, 2020: Securities available for sale $ 50,027,457 $ - $ 50,027,457 $ - There were no assets measured at fair value on a non-recurring basis at March 31, 2021 and December 31, 2020. B. Fair Value Disclosures The following methods and assumptions were used by the Company in estimating fair values of financial instruments as disclosed herein. Cash and Cash Equivalents For cash and due from banks and federal funds sold, the carrying amount approximates the fair value (Level 1). Securities The fair value of securities is estimated based on bid quotations received from securities dealers, if available (Level 1). If a quoted market price was not available, fair value was estimated using quoted market prices of similar instruments, adjusted for differences between the quoted instruments and the instruments being valued (Level 2). FHLB and Other Stock, at Cost The fair value for FHLB and other stock, at cost is its carrying value, since this is the amount for which it could be redeemed. There is no active market for this stock, and the Company is required to maintain a minimum balance based upon the unpaid principal of home mortgage loans (Level 2). Loans Receivable Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as residential mortgage, commercial, and consumer. Each loan category is further segmented into fixed and adjustable rate interest terms and by performing and nonperforming categories (Level 3). Deposits The fair value of deposits with no stated maturity, such as non-interest-bearing demand deposits, savings, and NOW and money market accounts, is equal to the amount payable on demand (Level 1). The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits with similar remaining maturities (Level 2). Short-Term Borrowings The carrying amounts of federal funds purchased, and other short-term borrowings maturing within 90 days approximate their fair values. Fair values of other short-term borrowings are estimated using discounted cash flow analyses based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements (Level 1). Long-Term Borrowings The fair value of long-term borrowings is estimated using discounted cash flow analysis based on the current incremental borrowing rates for similar types of borrowing arrangements (Level 2). Off-Balance-Sheet Instruments In the ordinary course of business the Company has entered into off-balance-sheet financial instruments consisting of commitments to extend credit. Such financial instruments are recorded in the financial statements when they are funded. Their fair value would approximate fees currently charged to enter into similar agreements. The carrying values and estimated fair values of financial instruments are as follows (in thousands): March 31, 2021 December 31, 2020 Carrying Estimated Carrying Estimated Value Fair Value Value Fair Value (In Thousands) Financial assets: Cash and cash equivalents $ 2,467 $ 2,467 $ 2,147 $ 2,147 Certificates of deposit 500 500 500 500 Securities held to maturity 420 437 421 442 Securities available for sale 48,939 48,939 50,027 50,027 Loans receivable 40,534 40,411 39,266 39,396 FHLB and other stock, at cost 222 222 226 226 Accrued interest receivable 496 496 526 526 Financial liabilities: Deposits 85,284 85,468 78,251 78,461 Borrowings 1,259 1,289 6,501 6,543 The fair value estimates are made at a discrete point in time based on relevant market information and information about the financial instruments. Fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Further, the foregoing estimates may not reflect the actual amount that could be realized if all or substantially all of the financial instruments were offered for sale. In addition, the fair value estimates were based on existing on-and-off balance sheet financial instruments without attempting to value the anticipated future business and the value of assets and liabilities that are not considered financial instruments. Other significant assets and liabilities that are not considered financial assets and liabilities include premises and equipment and advances from borrowers for taxes and insurance. In addition, the tax ramifications related to the realization of the unrealized gains and losses have a significant effect on fair value estimates and have not been considered in any of the estimates. Finally, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates which must be made given the absence of active secondary markets for many of the financial instruments. The lack of uniform valuation methodologies introduces a greater degree of subjectivity to these estimated fair values.

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. CONTINGENCIES The Company has a $3.7 million student loan portfolio of which $2.6 million was insured by ReliaMax Surety Company (“ReliaMax”). The Company has approximately $45,000 in unamortized premiums paid to ReliaMax to insure these student loans. On June 27, 2018, the South Dakota Division of Insurance was granted a petition to place ReliaMax into liquidation. While the Company expects to recover some of these premiums through the liquidation of ReliaMax as well as through a state insurance guarantee fund, we cannot estimate the amount of any loss or recovery at the present time. The Company filed a claim against ReliaMax and we expect to have an estimate of our recovery sometime during 2021.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements are comprised of the accounts of Sunnyside Bancorp. Inc., and its wholly-owned subsidiary, Sunnyside Federal Savings and Loan Association of Irvington (“Sunnyside Federal” or the “Association”). All significant intercompany accounts and transactions have been eliminated in consolidation.
Business	Business Sunnyside Federal is a community-oriented savings institution whose primary business is accepting deposits from customers within its market area (Westchester County, New York) and investing those funds in mortgage loans secured by one-to-four family residences and in mortgage-backed and other securities. To a significantly lesser extent, funds are invested in multi-family and commercial mortgage loans, commercial loans, and consumer loans. Customer deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation. As a federally-chartered savings association, Sunnyside Federal’s primary regulator is the Office of the Controller of the Currency (the “OCC”).
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The accompanying unaudited consolidated financial statements of the Company have been prepared in accordance with instructions for Form 10-Q, and in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. However, such information presented reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of the Company’s management, necessary for a fair statement of results for the interim period. The results of operations for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ended December 31, 2021, or any other future interim period. The unaudited consolidated financial statements and notes thereto should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2020 included in the Company’s annual report on Form 10-K.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, the Company considers all cash and amounts due from depository institutions and interest-bearing deposits in other depository institutions with original maturities of three months or less to be cash equivalents.
Investment and Mortgage-Backed Securities	Investment and Mortgage-Backed Securities Securities that the Company has the positive intent and ability to hold to maturity are classified as held-to-maturity securities and reported at amortized cost. Securities classified as available-for-sale securities are reported at fair value, with unrealized holding gains or losses reported in a separate component of retained earnings. As of March 31, 2021, and December 31, 2020, the Company had no securities classified as held for trading. The Company conducts a periodic review and evaluation of the securities portfolio to determine if a decline in the fair value of any security below its cost basis is other-than-temporary. The evaluation of other-than-temporary impairment considers the duration and severity of the impairment, the Company’s intent and ability to hold the securities and assessments of the reason for the decline in value and the likelihood of a near-term recovery. If such a decline is deemed other-than-temporary, the security is written down to a new cost basis and the resulting loss is charged to income as a component of non-interest expense. Premiums and discounts on securities are amortized by use of the level-yield method, over the life of the individual securities. Gain or loss on sales of securities is based upon the specific identification method.
Loans Receivable	Loans Receivable Loans receivable are stated at unpaid principal balances less the allowance for loan losses and net deferred loan fees. Recognition of interest on the accrual method is generally discontinued when interest or principal payments are ninety days or more in arrears, or when other factors indicate that the collection of such amounts is doubtful. At that time, a loan is placed on a nonaccrual status, and all previously accrued and uncollected interest is reversed against interest income in the current period. Interest on such loans, if appropriate, is recognized as income when payments are received. A loan is returned to an accrual status when factors indicating doubtful collectability no longer exist.
Allowance for Loan Losses	Allowance for Loan Losses An allowance for loan losses is maintained at a level, to the best of management’s knowledge, to cover all known and inherent losses in the portfolio that are both probable and reasonable to estimate. Management of the Company, in determining the provision for loan losses considers the risks inherent in its loan portfolio and changes in the nature and volume of its loan activities, along with the general economic and real estate market conditions. The Company utilizes a two-tier approach: (1) identification of problem loans and establishment of specific loss allowances on such loans; and (2) establishment of general valuation allowances on the remainder of its loan portfolio. The Company maintains a loan review system which allows for a periodic review of its loan portfolio and the early identification of potential problem loans. Such system takes into consideration, among other things, delinquency status, size of loans, type of collateral, and financial condition of the borrowers. Specific loan losses are established for identified loans based on a review of such information and appraisals of the underlying collateral. General loan losses are based upon a combination of factors including, but not limited to, actual loan loss experience, composition of the loan portfolio, current economic conditions, and management’s judgment. Although management believes that adequate specific and general loan loss allowances are established, actual losses are dependent upon future events and, as such, further additions to the level of specific and general loan loss allowances may be necessary. A loan evaluated for impairment is deemed to be impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. An insignificant payment delay, which is defined as up to ninety days by the Company, will not cause a loan to be classified as impaired. A loan is not impaired during a period of delay in payment if the Company expects to collect all amounts due, including interest accrued at the contractual interest rate for the period of delay. The amount of loan impairment is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or, as a practical expedient, at the loan’s observable market price or the fair value of the collateral if the loan is collateral dependent. All loans identified as impaired are evaluated independently. The Company does not aggregate such loans for evaluation purposes. Payments received on impaired loans are applied first to accrued interest receivable and then to principal.
Operating, Accounting and Reporting Considerations Related to Covid-19	Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has caused significant disruption to the national economy including New York and the tri-state area, resulting in many business sectors operating below capacity, increased unemployment levels and volatility in the financial markets. In response to the negative effects of COVID-19 on the U.S. economy, Congress enacted the Coronavirus Aide, Relief, and Economic Security Act (“CARES Act”), among other actions, in addition to monetary actions taken by the Federal Reserve, which provide for financial stimulus and government lending programs at unprecedented levels. The effects of these programs, as well as any potential additional stimulus, to support businesses and consumers remain uncertain. Some of the provisions of the CARES Act applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications Loans Receivable, Net ● Paycheck Protection Program Loans Receivable, Net Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: ● Accounting for Loan Modifications Loans Receivable, Net ● Past Due Reporting ● Nonaccrual Status and Charge-offs
Federal Home Loan Bank of New York Stock	Federal Home Loan Bank of New York stock As a member of the Federal Home Loan Bank of New York (“FHLB”), Sunnyside Federal is required to acquire and hold shares of FHLB Class B stock. The holding requirement varies based on Sunnyside Federal’s activities, primarily our outstanding borrowings, with the FHLB. The investment in FHLB stock is carried at cost. The Company conducts a periodic review and evaluation of its FHLB stock to determine if any impairment exists.
Premises and Equipment	Premises and Equipment Premises and equipment are comprised of land, building, and furniture, fixtures, and equipment, at cost, less accumulated depreciation. Depreciation charges are computed on the straight-line method over the following estimated useful lives: Building and improvements 5 to 40 years Furniture, fixtures and equipment 2 to 10 years
Bank-Owned Life Insurance	Bank-Owned Life Insurance Bank-owned life insurance (“BOLI”) is accounted for in accordance with FASB guidance. The cash surrender value of BOLI is recorded on the statement of financial condition as an asset and the change in the cash surrender value is recorded as non-interest income. The amount by which any death benefits received exceeds a policy’s cash surrender value is recorded in non-interest income at the time of receipt. A liability is also recorded on the statement of financial condition for postretirement death benefits provided by the split-dollar endorsement policy. A corresponding expense is recorded in non-interest expense for the accrual of benefits over the period during which employees provide services to earn the benefits.
Income Taxes	Income Taxes Federal and state income taxes have been provided on the basis of reported income. The amounts reflected on the tax return differ from these provisions due principally to temporary differences in the reporting of certain items for financial reporting and income tax reporting purposes. The tax effect of these temporary differences is accounted as deferred taxes applicable to future periods. Deferred income tax expense or benefit is determined by recognizing deferred tax assets and liabilities for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in earnings in the period that includes the enactment date. The realization of deferred tax assets is assessed and a valuation allowance provided, when necessary, for that portion of the asset which is not likely to be realized.
Employee Benefits	Employee Benefits Defined Benefit Plans: The accounting guidance related to retirement benefits requires an employer to: (a) recognize in its statement of financial position an asset for a plan’s overfunded status or a liability for a plan’s underfunded status; (b) measure a plan’s assets and its obligations that determine its funded status as of the end of the employer’s fiscal year; and (c) recognize, in comprehensive income, changes in the funded status of a defined benefit postretirement plan in the year in which the changes occur. The accounting guidance requires that plan assets and benefit obligations be measured as of the date of the employer’s fiscal year-end statement of financial condition. 401(k) Plan: The Company has a 401(k) plan covering substantially all employees. The Company matches 50% of the first 6% contributed by participants and recognizes expense as its contributions are made. Employee Stock Ownership Plan: The employee stock ownership plan (ESOP) is accounted for in accordance with the provisions of ASC 718-40, “Employers’ Accounting for Employee Stock Ownership Plans.” The funds borrowed by the ESOP from the Company to purchase the Company’s common stock are being repaid from the Association’s contributions over a period of up to 25 years. The Company’s common stock not yet allocated to participants is recorded as a reduction of stockholders’ equity at cost. Compensation expense for the ESOP is based on the market price of the Company’s stock and is recognized as shares are committed to be released to participants. Equity Incentive Plan: On July 17, 2014, the Board of Directors adopted the Sunnyside Bancorp, Inc. 2014 Equity Incentive Plan (the “Stock Incentive Plan”) which was approved by shareholders at the Company’s 2014 Annual Meeting of Shareholders held on September 16, 2014. Stock options and restricted stock may be granted to directors, officers and other employees of the Company. The maximum number of shares which may be issued upon exercise of the options under the plan cannot exceed 79,350 shares. The maximum number of shares of stock that may be issued as restricted stock awards cannot exceed 23,805. The Stock Incentive Plan will remain in effect as long as any awards under it are outstanding; however, no awards may be granted under the Stock Incentive Plan on or after the 10-year anniversary of the effective date of the Stock Incentive Plan or July 17, 2024. On June 16, 2015, the Company granted 10,500 shares of restricted stock to certain executive officers, with a grant date fair value of $10.50 per share. Twenty percent of the shares awarded vest annually. Management recognizes expense for the fair value of those awards on a straight-line basis over the requisite service period. For the three-month period ended March 31, 2021 and 2020, the Company recognized approximately $0 and $5,500, respectively, in expense. These awards were fully expensed as of June 30, 2020. There were no stock options outstanding as of March 31, 2021.
Comprehensive Income	Comprehensive Income Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, and the actuarial gains and losses of the pension plan, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income.
Concentration of Credit Risk and Interest-Rate Risk	Concentration of Credit Risk and Interest-Rate Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents, investment and mortgage-backed securities and loans. Cash and cash equivalents include amounts placed with highly rated financial institutions. Investment securities include securities backed by the U.S. Government and other highly rated instruments. The Company’s lending activity is primarily concentrated in loans collateralized by real estate in the State of New York. As a result, credit risk is broadly dependent on the real estate market and general economic conditions in the State. The Company is principally engaged in the business of attracting deposits from the general public and using these deposits, together with borrowings and other funds, to make loans secured by real estate in the State of New York. The potential for interest-rate risk exists as a result of the shorter duration of the Company’s interest-sensitive liabilities compared to the generally longer duration of interest-sensitive assets. In a rising rate environment, liabilities will reprice faster than assets, thereby reducing net interest income. For this reason, management regularly monitors the maturity structure of the Company’s assets and liabilities in order to measure its level of interest-rate risk and to plan for future volatility.
Advertising Costs	Advertising Costs It is the Company’s policy to expense advertising costs in the period in which they are incurred.
Earnings Per Share	Earnings Per Share Basic earnings per common share, or EPS, are computed by dividing net income by the weighted-average common shares outstanding during the year. The weighted-average common shares outstanding includes the weighted-average number of shares of common stock outstanding less the weighted average number of unallocated shares held by the ESOP and the unvested shares of restricted stock. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate to outstanding stock options. Potential common shares related to stock options are determined using the treasury stock method.
Subsequent Events	Subsequent Events The Company evaluated its March 31, 2021 consolidated financial statements for subsequent events through the date the consolidated financial statements were issued. See also note 2 to the consolidated financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2018-14, “Compensation - Retirement Benefits-Defined Benefit Plans-General (Subtopic 715-20).” This update amends and modifies the disclosure requirements for employers that sponsor defined benefit pension or other post-retirement plans. The amendments in this update remove disclosures that no longer are considered cost beneficial, clarify the specific requirements of certain disclosures, and add disclosure requirements identified as relevant. The adoption of this guidance on January 1, 2021, did not have a material effect on the Company’s consolidated financial statements. In June, 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses” (Topic 326), which introduces new guidance for the accounting for credit losses on instruments within its scope. The new guidance introduces an approach based on expected losses to estimate credit losses on certain types of financial instruments. It also modifies the impairment model for available-for-sale (AFS) debt securities and provides for a simplified accounting model for purchased financial assets with credit deterioration since their origination. In April, 2019, FASB issued ASU 2019-04, “Codification Improvements to Topic 326, Financial Instruments—Credit Losses”. ASU 2019-04 made amendments to the following categories in ASU 2016-13 which include Accrued interest, transfers between classifications or categories for loans and debt securities, recoveries, reinsurance recoverables, projections of interest rate environments for variable-rate financial instruments, costs to sell when foreclosure is probable, consideration of expected prepayments when determining the effective interest rate, vintage disclosures and extension and renewal options. In May, 2019, FASB issued ASU 2019-05, “Financial Instruments - Credit Losses (Topic 326); Targeted Transition Relief”, ASU 2019-05 allows the Company to irrevocably elect, upon adoption of ASU 2016-13, the fair value option on financial instruments that (1) were previously recorded at amortized cost and (2) are within the scope of Topic 326 if the instruments are eligible for the fair value option under authoritative guidance for fair value. The fair value option election does not apply to held-to-maturity debt securities. We are required to make this election on an instrument-by-instrument basis. This ASU will be effective for public business entities that are a smaller reporting company in fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company is currently evaluating the impact of the pending adoption of the new standard on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”. Under the new guidance, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (i) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease, measured on a discounted basis; and (ii) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Public business entities that are a smaller reporting company should apply the amendments in ASU 2016-02 for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. Early application is permitted for all public business entities upon issuance. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The adoption of this guidance on January 1, 2022 is not expected to have a material effect on the Company’s consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Schedule of Premises and Equipment Estimated Useful Lives	Depreciation charges are computed on the straight-line method over the following estimated useful lives: Building and improvements 5 to 40 years Furniture, fixtures and equipment 2 to 10 years

Certificates of Deposit (Tables

Certificates of Deposit (Tables)	3 Months Ended
	Mar. 31, 2021
Commercial And Other Loans [Member]
Schedule of Fair Value of Certificates by Remaining Period to Contractual Maturity	March 31, December 31, 2021 2020 Maturing in: After five to ten years $ 500,000 $ 500,000

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of Held to Maturity and Available for Sale Securities	March 31, 2021 Amortized Gross Unrealized Fair Cost Gains Losses Value Securities held to maturity: State, county, and municipal obligations $ 347,089 $ 15,697 $ - $ 362,786 Mortgage-backed securities 72,848 1,139 - 73,987 $ 419,937 $ 16,836 $ - $ 436,773 Securities available for sale: U.S. government and agency obligations $ 20,595,151 $ 10,491 $ 682,293 19,923,349 Mortgage-backed securities 28,722,858 497,206 204,163 29,015,901 $ 49,318,009 $ 507,697 $ 886,456 $ 48,939,250 December 31, 2020 Amortized Gross Unrealized Fair Cost Gains Losses Value Securities held to maturity: State, county, and municipal obligations $ 347,033 $ 20,615 $ - $ 367,648 Mortgage-backed securities 73,838 339 - 74,177 $ 420,871 $ 20,954 $ - $ 441,825 Securities available for sale: U.S. government and agency obligations $ 20,246,530 $ 28,158 $ 22,640 20,252,048 Mortgage-backed securities 29,161,743 629,374 15,708 29,775,409 $ 49,408,273 $ 657,532 $ 38,348 $ 50,027,457
Schedule of Amortized Cost and Fair Value of Securities by Remaining Period to Contractual Maturity	The following is a summary of the amortized cost and fair value of securities at March 31, 2021 and December 31, 2020, by remaining period to contractual maturity. Actual maturities may differ from these amounts because certain debt security issuers have the right to call or redeem their obligations prior to contractual maturity. In addition, mortgage backed securities that amortize monthly are listed in the period the security is legally set to pay off in full. March 31, 2021 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value Within one year $ - $ - $ 5,599,941 $ 5,610,433 After one to five years - - 5,643,563 5,654,339 After five to ten years - - 3,162,076 3,099,065 After ten years 419,937 436,773 34,912,429 34,575,413 $ 419,937 $ 436,773 $ 49,318,009 $ 48,939,250 December 31, 2020 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value Within one year $ - $ - $ 6,499,847 $ 6,499,910 After one to five years - - 6,100,000 6,115,567 After five to ten years - - 3,329,922 3,353,902 After ten years 420,871 441,825 33,478,504 34,058,078 $ 420,871 $ 441,825 $ 49,408,273 $ 50,027,457
Schedule of Fair Values and Unrealized Losses of Securities in Unrealized Loss Position	The following tables summarize the fair values and unrealized losses of securities with an unrealized loss at March 31, 2021 and December 31, 2020, segregated between securities that have been in an unrealized loss position for less than one year, or one year or longer, at the respective dates. March 31, 2021 Under One Year One Year or More Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Securities available for sale: U.S. government and agency obligations $ 12,562,917 $ 682,293 $ - $ - Mortgage-backed securities 6,747,974 201,869 86,838 2,294 19,310,891 884,162 86,838 2,294 $ 19,310,891 $ 884,162 $ 86,838 $ 2,294 December 31, 2020 Under One Year One Year or More Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Securities available for sale: U.S. government and agency obligations $ 6,222,465 $ 22,640 $ - $ - Mortgage-backed securities 3,032,774 13,369 88,292 2,339 9,255,239 36,009 88,292 2,339 $ 9,255,239 $ 36,009 $ 88,292 $ 2,339

Loans Receivable, Net (Tables)

Loans Receivable, Net (Tables)	3 Months Ended
	Mar. 31, 2021
Receivables [Abstract]
Schedule of Loans Receivable, Net	March 31, December 31, 2021 2020 Mortgage loans: Residential 1-4 family $ 14,142,840 $ 14,132,314 Commercial and multi-family 15,646,981 14,954,657 Home equity lines of credit 188,065 193,795 29,977,886 29,280,766 Other loans: Student 3,657,120 3,971,838 Commercial 7,387,234 6,420,542 Passbook 20,980 23,339 11,065,334 10,415,719 Total loans 41,043,220 39,696,485 Less: Deferred loan fees (costs and premiums), net 98,948 29,018 Allowance for loan losses 410,414 400,995 509,362 430,013 $ 40,533,858 $ 39,266,472
Schedule of Activity in Allowance for Loan Losses	Activity in the allowance for loan losses is summarized as follows: Three Months Ended March 31, 2021 2020 Balance at beginning of period $ 400,995 $ 428,908 Provision for loan losses 57,387 10,876 Charge-offs (47,968 ) - Balance at end of period $ 410,414 $ 439,784
Schedule of Credit Quality Indicators by Portfolio Segment	The following table reflects the credit quality indicators by portfolio segment and class, at the dates indicated: March 31, 2021 Mortgage Loans Commercial Residential 1-4 Family Real Estate and Multi-Family Home Equity Student Commercial and Other Total (In thousands) Pass $ 13,903 $ 13,976 $ 188 $ 3,624 $ 7,408 $ 39,099 Special Mention 240 816 - 33 - 1,089 Substandard - 855 - - - 855 Total $ 14,143 $ 15,647 $ 188 $ 3,657 $ 7,408 $ 41,043 December 31, 2020 Mortgage Loans Commercial Residential 1-4 Family Real Estate and Home Student Commercial Total (In thousands) Pass $ 14,132 $ 13,567 $ 194 $ 3,939 $ 6,444 $ 38,276 Special Mention - 822 - 33 - 855 Substandard - 565 - - - 565 Total $ 14,132 $ 14,954 $ 194 $ 3,972 $ 6,444 $ 39,696
Schedule of Information About Loan Delinquencies	The following table provides information about loan delinquencies at the dates indicated: March 31, 2021 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans 90 Days or More Past Due and Accruing (In thousands) Residential 1-4 family $ - $ 2 $ 240 $ 242 $ 13,901 $ 14,143 $ - Commercial real estate and multi-family - - 256 256 15,391 15,647 - Home equity lines of credit - - - - 188 188 - Student loans 20 28 27 75 3,582 3,657 - Commercial and other loans - - - - 7,408 7,408 - $ 20 $ 30 $ 523 $ 573 $ 40,470 $ 41,043 $ - December 31, 2020 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans 90 Days or More Past Due and Accruing (In thousands) Residential 1-4 family $ - $ - $ 243 $ 243 $ 13,889 $ 14,132 $ - Commercial real estate and multi-family - - 256 256 14,698 14,954 - Home equity lines of credit - - - - 194 194 - Student loans 25 18 30 73 3,899 3,972 - Commercial and other loans - - - - 6,444 6,444 - $ 25 $ 18 $ 529 $ 572 $ 39,124 $ 39,696 $ -
Schedule of Loans Accrual of Income has Been Discontinued and Loans Past Due but Not Classified as Non-accrual	The following is a summary of loans, by loan type, on which the accrual of income has been discontinued and loans that are contractually past due 90 days or more but have not been classified as non-accrual at the dates indicated: March 31, December 31, 2021 2020 (In thousands) Residential 1-4 family $ 240 $ 243 Commercial real estate and multi-family 256 256 Home equity lines of credit - - Student loans 123 123 Other loans - - Total non-accrual loans 619 622 Accruing loans delinquent 90 days or more - - Total non-performing loans $ 619 $ 622
Schedule of Loans Evaluated for Impairment by Loan Type	The following table provides information about the Company’s impaired loans at March 31, 2021 and December 31, 2020 (in thousands): March 31, 2021 Recorded Investment Unpaid Principal Balance Related Specific Allowance 1-4 residential $ 237 $ 237 $ - December 31, 2020 Recorded Investment Unpaid Principal Balance Related Specific Allowance 1-4 residential $ 239 $ 239 $ - The following tables provide information about the Company’s impaired loans for the three months ended March 31, 2021 and 2020 (in thousands): Three Months Ended Three Months Ended March 31, 2021 March 31, 2020 Average Recorded Investment Interest Income Received Average Recorded Investment Interest Income Received 1-4 residential $ 238 $ 3 $ 241 $ 3
Schedule of Activity in Allowance for Loan Losses by Loan Type	The following tables present the activity in the allowance for loan losses by loan type for the periods indicated: Three Months Ended March 31, 2021 Mortgage Loans Residential Commercial 1-4 Family and Multi-Family Home Equity Student Other Total (In thousands) Beginning balance $ 98 $ 127 $ 1 $ 164 $ 11 $ 401 Provision for loan losses 2 7 - 49 (1 ) 57 Charge Offs - - - (48 ) - (48 ) Ending Balance $ 100 $ 134 $ 1 $ 165 $ 10 $ 410 Three Months Ended March 31, 2020 Mortgage Loans Residential Commercial 1-4 Family and Multi-Family Home Equity Student Other Total (In thousands) Beginning balance $ 142 $ 134 $ 2 $ 140 $ 11 $ 429 Provision for loan losses 7 1 - 2 1 11 Ending Balance $ 149 $ 135 $ 2 $ 142 $ 12 $ 440

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Schedule of Components of Accumulated Other Comprehensive Loss	The components of accumulated other comprehensive loss included in equity are as follows: March 31, December 31, 2021 2020 Unrealized net loss on pension plan $ (1,572,869 ) $ (1,587,911 ) Unrealized gain (loss) on securities available for sale (378,759 ) 619,184 Accumulated other comprehensive loss before taxes (1,951,628 ) (968,727 ) Tax effect 409,816 203,407 Accumulated other comprehensive loss $ (1,541,812 ) $ (765,320 )

Regulatory Capital (Tables)

Regulatory Capital (Tables)	3 Months Ended
	Mar. 31, 2021
Deferred loan fees (costs), net and allowance for loan losses
Schedule of Actual Capital Positions and Ratios	The following table presents the Association’s actual capital positions and ratios at the dates indicated: Minimum Capital To be Well Capitalized Under Prompt Corrective To be Well Capitalized With Capital Conservation Actual Requirements Action Provisions Buffer Amount Ratio Amount Ratio Amount Ratio Amount Ratio (Dollars in Thousands) March 31, 2021 Tangible Capital $ 10,883 11.49 % $ 1,421 1.50 % N/A N/A N/A N/A Total Risked-based Capital 11,293 25.81 % 4,594 10.50 % 4,375 10.00 % 4,594 10.50 % Common Equity Tier 1 Capital 10,883 24.87 % 3,063 7.00 % 2,844 6.50 % 3,063 7.00 % Tier 1 Risk-based Capital 10,883 24.87 % 3,719 8.50 % 3,500 8.00 % 3,719 8.50 % Tier 1 Leverage Capital 10,883 11.49 % 3,790 4.00 % 4,737 5.00 % N/A N/A December 31, 2020 Tangible Capital $ 11,335 12.35 % $ 1,376 1.50 % N/A N/A N/A N/A Total Risked-based Capital 11,736 26.95 % 4,572 10.50 % 4,354 10.00 % 4,572 10.50 % Common Equity Tier 1 Capital 11,335 26.03 % 3,048 7.00 % 2,830 6.50 % 3,048 7.00 % Tier 1 Risk-based Capital 11,335 26.03 % 3,701 8.50 % 3,484 8.00 % 3,701 8.50 % Tier 1 Leverage Capital 11,335 12.35 % 3,670 4.00 % 4,588 5.00 % N/A N/A

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on Recurring Basis	The following table provides the level of valuation assumptions used to determine the carrying value of assets measured at fair value on a recurring basis at March 31, 2021 and December 31, 2020: Carrying Quoted Prices in Active Markets for Identical Significant Other Observable Inputs Significant Unobservable Inputs Description Value (Level 1) (Level 2) (Level 3) March 31, 2021: Securities available for sale $ 48,939,250 $ - $ 48,939,250 $ - December 31, 2020: Securities available for sale $ 50,027,457 $ - $ 50,027,457 $ -
Schedule of Estimated Fair Values of Financial Instruments	The carrying values and estimated fair values of financial instruments are as follows (in thousands): March 31, 2021 December 31, 2020 Carrying Estimated Carrying Estimated Value Fair Value Value Fair Value (In Thousands) Financial assets: Cash and cash equivalents $ 2,467 $ 2,467 $ 2,147 $ 2,147 Certificates of deposit 500 500 500 500 Securities held to maturity 420 437 421 442 Securities available for sale 48,939 48,939 50,027 50,027 Loans receivable 40,534 40,411 39,266 39,396 FHLB and other stock, at cost 222 222 226 226 Accrued interest receivable 496 496 526 526 Financial liabilities: Deposits 85,284 85,468 78,251 78,461 Borrowings 1,259 1,289 6,501 6,543

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Jan. 31, 2021	Jun. 16, 2016	Mar. 31, 2021	Mar. 31, 2020	Jul. 17, 2014
Summary Of Significant Accounting Policies [Line Items]
ESOP repayment period for common stock borrowed from company			25 years
Stock incentive plan, description			The Stock Incentive Plan will remain in effect as long as any awards under it are outstanding; however, no awards may be granted under the Stock Incentive Plan on or after the 10-year anniversary of the effective date of the Stock Incentive Plan or July 17, 2024.
Recognized expense of restricted stock award				$ 5,500
Stock option outstanding
401(K) Plan [Member]
Summary Of Significant Accounting Policies [Line Items]
Employer matching contribution percent of match	50.00%
Maximum annual contributions per employee percent	6.00%
Recognized expense of restricted stock award	$ 0
2014 Equity Incentive Plan [Member] | Stock Option [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of shares may be issued					79,350
2014 Equity Incentive Plan [Member] | Restricted Stock [Member] | Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of shares may be issued					23,805
Stock Incentive Plan 2014 [Member] | Restricted Stock [Member] | Executive Officer [Member]
Summary Of Significant Accounting Policies [Line Items]
Number of shares granted		10,500
Grant date fair value, per share		$ 10.50
Vesting percentage		20.00%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Premises and Equipment Estimated Useful Lives (Details)	3 Months Ended
	Mar. 31, 2021
Building and Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Building and Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Furniture, Fixtures and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	2 years
Furniture, Fixtures and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	10 years

Plan of Merger (Details Narrati

Plan of Merger (Details Narrative) - Merger Agreement [Member] - DLP Bancshares [Member]	3 Months Ended
	Mar. 31, 2021USD ($)$ / shares
Outstanding common stock price | $ / shares	$ 15.55
Aggregate value of transaction	$ 12,300,000
Payment to obligation on termination fee	615,000
Mr. Wenner [Member]
Payment to obligation on termination fee	$ 615,000

Mutual to Stock Conversion an_2

Mutual to Stock Conversion and Liquidation Account (Details Narrative)	Jul. 15, 2013$ / sharesshares	Jul. 15, 2013USD ($)$ / sharesshares
Subsidiary, Sale of Stock [Line Items]
Shares of common stock sold | shares	793,500
ESOP [Member] | Subscription Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Shares of common stock sold | shares		55,545
Sale of stock price per share | $ / shares	$ 10	$ 10
Gross offering proceeds		$ 7,935,000
Conversion costs		845,000
Net proceeds after deducting shares acquired by ESOP		$ 6,500,000

Certificates of Deposit - Sched

Certificates of Deposit - Schedule of Fair Value of Certificates by Remaining Period to Contractual Maturity (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Commercial And Other Loans [Member]
Held to Maturity, After five to ten years	$ 500,000	$ 500,000

Securities (Details Narrative)

Securities (Details Narrative)	3 Months Ended
	Mar. 31, 2021USD ($)Integer	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)Integer
Securities held maturity available for sale
Number of securities in an unrealized loss position | Integer	11		6
Collateral Pledged [Member] | Federal Home Loan Bank [Member]
Available for sale securities pledged	$ 1,900,000
Guaranteed by Ginnie Mae [Member]
Mortgage-backed securities	808,000		$ 1,000,000
Guaranteed by Fannie Mae [Member]
Mortgage-backed securities	9,200,000		9,400,000
Guaranteed by Freddie Mac [Member]
Mortgage-backed securities	13,200,000		13,200,000
Other Commercial Mortgage-Backed Securities [Member]
Mortgage-backed securities	$ 5,600,000		$ 5,600,000

Securities - Schedule of Held t

Securities - Schedule of Held to Maturity and Available for Sale Securities (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Securities held to maturity: Amortized Cost	$ 419,937	$ 420,871
Securities held to maturity: Gross Unrealized Gains	16,836	20,954
Securities held to maturity: Gross Unrealized Losses
Securities held to maturity, fair value	437,000	442,000
Securities available for sale: Amortized Cost	49,318,009	49,408,273
Securities available for sale: Gross Unrealized Gains	507,697	657,532
Securities available for sale: Gross Unrealized Losses	886,456	38,348
Securities available for sale: Fair Value	48,939,250	50,027,457
State, County and Municipal Obligations [Member]
Securities held to maturity: Amortized Cost	347,089	347,033
Securities held to maturity: Gross Unrealized Gains	15,697	20,615
Securities held to maturity: Gross Unrealized Losses
Securities held to maturity, fair value	362,786	367,648
U.S. Government and Agency Obligations [Member]
Securities available for sale: Amortized Cost	20,595,151	20,246,530
Securities available for sale: Gross Unrealized Gains	10,491	28,158
Securities available for sale: Gross Unrealized Losses	682,293	22,640
Securities available for sale: Fair Value	19,923,349	20,252,048
Mortgage-Backed Securities [Member]
Securities held to maturity: Amortized Cost	72,848	73,838
Securities held to maturity: Gross Unrealized Gains	1,139	339
Securities held to maturity: Gross Unrealized Losses
Securities held to maturity, fair value	73,987	74,177
Securities available for sale: Amortized Cost	28,722,858	29,161,743
Securities available for sale: Gross Unrealized Gains	497,206	629,374
Securities available for sale: Gross Unrealized Losses	204,163	15,708
Securities available for sale: Fair Value	$ 29,015,901	$ 29,775,409

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost and Fair Value of Securities by Remaining Period to Contractual Maturity (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Held to Maturity, Within one year, Amortized Cost
Held to Maturity, After one to five years, Amortized Cost
Held to Maturity, After five to ten years, Amortized Cost
Held to Maturity, After ten years, Amortized Cost	419,937	420,871
Held to Maturity, Amortized Cost	419,937	420,871
Held to maturity, Within one year, Fair Value
Held to maturity, After one to five years, Fair Value
Held to Maturity, After five to ten years, Fair Value
Held to Maturity, After ten years, Fair Value	436,773	441,825
Held to Maturity, Fair Value	437,000	442,000
Available for Sale, Within one year, Amortized Cost	5,599,941	6,499,847
Available for Sale, After one to five years, Amortized Cost	5,643,563	6,100,000
Available for Sale, After five to ten years, Amortized Cost	3,162,076	3,329,922
Available for Sale, After ten years, Amortized Cost	34,912,429	33,478,504
Available for Sale, Amortized Cost	49,318,009	49,408,273
Available for Sale, Within one year, Fair Value	5,610,433	6,499,910
Available for Sale, After one to five years, Fair Value	5,654,339	6,115,567
Available for Sale, After five to ten years, Fair Value	3,099,065	3,353,902
Available for Sale, After ten years, Fair Value	34,575,413	34,058,078
Available for Sale, Fair Value	$ 48,939,250	$ 50,027,457

Securities - Schedule of Fair V

Securities - Schedule of Fair Values and Unrealized Losses of Securities in Unrealized Loss Position (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Securities available for sale: Under One Year, Fair Value	$ 19,310,891	$ 9,255,239
Securities available for sale: Under One Year, Gross Unrealized Loss	884,162	36,009
Securities available for sale: One Year or More, Fair Value	86,838	88,292
Securities available for sale: One Year or More, Gross Unrealized Loss	2,294	2,339
U.S. Government and Agency Obligations [Member]
Securities available for sale: Under One Year, Fair Value	12,562,917	6,222,465
Securities available for sale: Under One Year, Gross Unrealized Loss	682,293	22,640
Securities available for sale: One Year or More, Fair Value
Securities available for sale: One Year or More, Gross Unrealized Loss
Mortgage-Backed Securities [Member]
Securities available for sale: Under One Year, Fair Value	6,747,974	3,032,774
Securities available for sale: Under One Year, Gross Unrealized Loss	201,869	13,369
Securities available for sale: One Year or More, Fair Value	86,838	88,292
Securities available for sale: One Year or More, Gross Unrealized Loss	$ 2,294	$ 2,339

Loans Receivable, Net (Details

Loans Receivable, Net (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Number of loans outstanding shares	69	73
Debt principal amount	$ 6,200,000		$ 5,200,000
Unpaid principal balances of related party loans	171,000		173,000
Specific allowances
Interest income on non-accrual loans	7,900	$ 11,000
Amount of interest recognized on non-accrual loans	0	2,000
Debt restructuring	237,270	$ 239,107
1-4 Family Residential [Member]
Short-term loan concessions	438,000
Multi-Family Mortgage Loans [Member]
Short-term loan concessions	$ 1,055,000

Loans Receivable, Net - Schedul

Loans Receivable, Net - Schedule of Loans Receivable, Net (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 41,043,220	$ 39,696,485
Less: Deferred loan fees (costs and premiums), net	98,948	29,018
Less: Allowance for loan losses	410,414	400,995	$ 439,784	$ 428,908
Total loans after deduction of Deferred loan fees (costs and premiums), net and allowance for loan losses	509,362	430,013
Total loans, net	40,533,858	39,266,472
Student Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	3,657,000	3,972,000
Mortgage Loans Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	29,977,886	29,280,766
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	14,142,840	14,132,314
Less: Allowance for loan losses	100,000	98,000	149,000	142,000
Mortgage Loans Portfolio Segment [Member] | Commercial and Multi-Family Mortgage Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	15,646,981	14,954,657
Less: Allowance for loan losses	134,000	127,000	$ 135,000	$ 134,000
Mortgage Loans Portfolio Segment [Member] | Home Equity Lines of Credit [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	188,065	193,795
Commercial and Other Loans Portfolio Segment [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	11,065,334	10,415,719
Commercial and Other Loans Portfolio Segment [Member] | Student Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	3,657,120	3,971,838
Commercial and Other Loans Portfolio Segment [Member] | Commercial Loans [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	7,387,234	6,420,542
Commercial and Other Loans Portfolio Segment [Member] | Passbook [Member]
Loans and Leases Receivable Disclosure [Line Items]
Total loans	$ 20,980	$ 23,339

Loans Receivable, Net - Sched_2

Loans Receivable, Net - Schedule of Activity in Allowance for Loan Losses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Receivables [Abstract]
Beginning balance	$ 400,995	$ 428,908
Provision for loan losses	57,387	10,876
Charge-offs	(47,968)
Ending Balance	$ 410,414	$ 439,784

Loans Receivable, Net - Sched_3

Loans Receivable, Net - Schedule of Credit Quality Indicators by Portfolio Segment (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Total	$ 41,043,220	$ 39,696,485
Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	39,099,000	38,276,000
Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	1,089,000	855,000
Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	855,000	565,000
Student Loan [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,657,000	3,972,000
Student Loan [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	3,624,000	3,939,000
Student Loan [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	33,000	33,000
Student Loan [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total
Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	29,977,886	29,280,766
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	14,142,840	14,132,314
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	13,903,000	14,132,000
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	240,000
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total
Mortgage Loans Portfolio Segment [Member] | Commercial Real Estate and Multi-Family Mortgage Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	15,647,000	14,954,000
Mortgage Loans Portfolio Segment [Member] | Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	13,976,000	13,567,000
Mortgage Loans Portfolio Segment [Member] | Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	816,000	822,000
Mortgage Loans Portfolio Segment [Member] | Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	855,000	565,000
Mortgage Loans Portfolio Segment [Member] | Home Equity Line of Credit [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	188,000	194,000
Mortgage Loans Portfolio Segment [Member] | Home Equity Line of Credit [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	188,000	194,000
Mortgage Loans Portfolio Segment [Member] | Home Equity Line of Credit [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total
Mortgage Loans Portfolio Segment [Member] | Home Equity Line of Credit [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total
Commercial and Other Loans [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	7,408,000	6,444,000
Commercial and Other Loans [Member] | Pass [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total	7,408,000	6,444,000
Commercial and Other Loans [Member] | Special Mention [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total
Commercial and Other Loans [Member] | Substandard [Member]
Financing Receivable, Credit Quality Indicator [Line Items]
Total

Loans Receivable, Net - Sched_4

Loans Receivable, Net - Schedule of Information About Loan Delinquencies (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 573,000	$ 572,000
Current Loans	40,470,000	39,124,000
Total Loans	41,043,220	39,696,485
90 Days or More Past Due and Accruing
Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Loans	29,977,886	29,280,766
Commercial and Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Current Loans	7,408,000	6,444,000
Total Loans	7,408,000	6,444,000
90 Days or More Past Due and Accruing
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	20,000	25,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial and Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	30,000	18,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial and Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	523,000	529,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial and Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Residential 1-4 Family Mortgage Loans [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	242,000	243,000
Current Loans	13,901,000	13,889,000
Total Loans	14,142,840	14,132,314
90 Days or More Past Due and Accruing
Residential 1-4 Family Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Residential 1-4 Family Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	2,000
Residential 1-4 Family Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	240,000	243,000
Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	256,000	256,000
Current Loans	15,391,000	14,698,000
Total Loans	15,647,000	14,954,000
90 Days or More Past Due and Accruing
Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	256,000	256,000
Home Equity Line of Credit [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Current Loans	188,000	194,000
Total Loans	188,000	194,000
90 Days or More Past Due and Accruing
Home Equity Line of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Home Equity Line of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Home Equity Line of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due
Student Loans [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	75,000	73,000
Current Loans	3,582,000	3,899,000
Total Loans	3,657,000	3,972,000
90 Days or More Past Due and Accruing
Student Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	20,000	25,000
Student Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	28,000	18,000
Student Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Past Due [Line Items]
Total Past Due	$ 27,000	$ 30,000

Loans Receivable, Net - Sched_5

Loans Receivable, Net - Schedule of Loans Accrual of Income has Been Discontinued and Loans Past Due but Not Classified as Non-accrual (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total non-accrual loans	$ 619,000	$ 622,000
Accruing loans delinquent 90 days or more
Total non-performing loans	619,000	622,000
Residential 1-4 Family Mortgage Loans [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total non-accrual loans	240,000	243,000
Accruing loans delinquent 90 days or more
Commercial Real Estate and Multi-Family Mortgage Loans [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total non-accrual loans	256,000	256,000
Accruing loans delinquent 90 days or more
Home Equity Line of Credit [Member] | Mortgage Loans Portfolio Segment [Member]
Financing Receivable, Past Due [Line Items]
Total non-accrual loans
Accruing loans delinquent 90 days or more
Student Loans [Member]
Financing Receivable, Past Due [Line Items]
Total non-accrual loans	123,000	123,000
Accruing loans delinquent 90 days or more
Commercial and Other Loans [Member]
Financing Receivable, Past Due [Line Items]
Total non-accrual loans

Loans Receivable, Net - Sched_6

Loans Receivable, Net - Schedule of Loans Evaluated for Impairment by Loan Type (Details) - 1-4 Residential [Member] - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Recorded Investment	$ 237,000	$ 239,000
Unpaid Principal Balance	237,000	239,000
Related Specific Allowance
Average Recorded Investment	238,000	241,000
Interest Income Recognized	$ 3,000	$ 3,000

Loans Receivable, Net - Sched_7

Loans Receivable, Net - Schedule of Activity in Allowance for Loan Losses by Loan Type (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	$ 400,995	$ 428,908
Provision for loan losses	57,387	10,876
Charge offs	(47,968)
Ending Balance	410,414	439,784
Student Loan [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	164,000	140,000
Provision for loan losses	49,000	2,000
Charge offs	(48,000)
Ending Balance	165,000	142,000
Mortgage Loans Portfolio Segment [Member] | Residential 1-4 Family Mortgage Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	98,000	142,000
Provision for loan losses	2,000	7,000
Charge offs
Ending Balance	100,000	149,000
Mortgage Loans Portfolio Segment [Member] | Commercial and Multi-Family Mortgage Loans [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	127,000	134,000
Provision for loan losses	7,000	1,000
Charge offs
Ending Balance	134,000	135,000
Mortgage Loans Portfolio Segment [Member] | Home Equity Line of Credit [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	1,000	2,000
Provision for loan losses
Charge offs
Ending Balance	1,000	2,000
Other Loans Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning balance	11,000	11,000
Provision for loan losses	(1,000)	1,000
Charge offs
Ending Balance	$ 10,000	$ 12,000

Borrowings (Details Narrative)

Borrowings (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Federal Home Loan Bank [Member]
Advance from loan	$ 1,258,616	$ 1,382,694
Debt instrument, interest rate	2.20%
Debt instrument, maturity description	June 2024
Line of credit borrowing capacity	$ 28,200,000
Federal Reserve Bank of New York [Member]
Advance from loan	$ 0	$ 5,118,395
Debt instrument, interest rate	0.35%
Atlantic Community Bankers Bank [Member]
Line of credit borrowing capacity	$ 2,000,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Schedule of Components of Accumulated Other Comprehensive Loss (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss before taxes	$ (1,951,628)	$ (968,727)
Tax effect	409,816	203,407
Accumulated other comprehensive loss	(1,541,812)	(765,320)
Unrealized Net Loss on Pension Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss before taxes	(1,572,869)	(1,587,911)
Unrealized Gain (Loss) on Securities Available for Sale [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss before taxes	$ (378,759)	$ 619,184

Regulatory Capital (Details Nar

Regulatory Capital (Details Narrative)	3 Months Ended
	Mar. 31, 2021
Deferred loan fees (costs), net and allowance for loan losses
Regulatory capital description	The rules included a new common equity Tier 1 capital to risk-weighted assets ratio of 4.5 percent, raised the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0 percent to 6.0 percent, required a minimum ratio of total capital to risk-weighted assets of 8.0 percent, and required a minimum leverage ratio of 4.0 percent. A new capital conservation buffer, comprised of common equity Tier 1 capital, was also established above the regulatory minimum capital requirements. This conservation buffer was phased in beginning January 1, 2016 at 0.625 percent of risk-weighted assets and increased each subsequent year by an additional 0.625 percent until it reached its final level of 2.5 percent of risk-weighted assets on January 1, 2020. The final rule also revised the definition and calculation of Tier 1 capital, total capital and risk-weighted assets.

Regulatory Capital - Schedule o

Regulatory Capital - Schedule of Actual Capital Positions and Ratios (Details) $ in Thousands	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Deferred loan fees (costs), net and allowance for loan losses
Tangible Capital, Actual, Amount	$ 10,883	$ 11,335
Tangible Capital, Actual, Ratio	0.1149	0.1235
Tangible Capital, Minimum Capital Requirements, Amount	$ 1,421	$ 1,376
Tangible Capital, Minimum Capital Requirements, Ratio	0.0150	0.0150
Tangible Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount
Tangible Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio
Tangible Capital, To be Well Capitalized With Capital Conservation Buffer, Amount
Tangible Capital, To be Well Capitalized With Capital Conservation Buffer, Ratio
Total Risked-based Capital, Actual, Amount	$ 11,293	$ 11,736
Total Risked-based Capital, Actual, Ratio	0.2581	0.2695
Total Risked-based Capital, Minimum Capital Requirements, Amount	$ 4,594	$ 4,572
Total Risked-based Capital, Minimum Capital Requirements, Ratio	0.1050	0.1050
Total Risked-based Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 4,375	$ 4,354
Total Risked-based Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.1000	0.1000
Total Risked-based Capital, To be Well Capitalized With Capital Conservation Buffer, Amount	$ 4,594	$ 4,572
Total Risked-based Capital, To be Well Capitalized With Capital Conservation Buffer, Ratio	10.50%	10.50%
Common Equity Tier 1 Capital, Actual, Amount	$ 10,883	$ 11,335
Common Equity Tier 1 Capital, Actual, Ratio	24.87%	26.03%
Common Equity Tier 1 Capital, Minimum Capital Requirements, Amount	$ 3,063	$ 3,048
Common Equity Tier 1 Capital, Minimum Capital Requirements, Ratio	7.00%	7.00%
Common Equity Tier 1 Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 2,844	$ 2,830
Common Equity Tier 1 Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Common Equity Tier 1 Capital, To be Well Capitalized With Capital Conservation Buffer, Amount	$ 3,063	$ 3,048
Common Equity Tier 1 Capital, To be Well Capitalized With Capital Conservation Buffer, Ratio	7.00%	7.00%
Tier 1 Risk-based Capital, Actual, Amount	$ 10,883	$ 11,335
Tier 1 Risk-based Capital, Actual, Ratio	0.2487	0.2603
Tier 1 Risk-based Capital, Minimum Capital Requirements, Amount	$ 3,719	$ 3,701
Tier 1 Risk-based Capital, Minimum Capital Requirements, Ratio	0.0850	0.0850
Tier 1 Risk-based Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 3,500	$ 3,484
Tier 1 Risk-based Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0800	0.0800
Tier 1 Risk-based Capital, To be Well Capitalized With Capital Conservation Buffer, Amount	$ 3,719	$ 3,701
Tier 1 Risk-based Capital, To be Well Capitalized With Capital Conservation Buffer, Ratio	8.50%	8.50%
Tier 1 Leverage Capital, Actual, Amount	$ 10,883	$ 11,335
Tier 1 Leverage Capital, Actual, Ratio	0.1149	0.1235
Tier 1 Leverage Capital, Minimum Capital Requirements, Amount	$ 3,790	$ 3,670
Tier 1 Leverage Capital, Minimum Capital Requirements, Ratio	0.0400	0.0400
Tier 1 Leverage Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 4,737	$ 4,588
Tier 1 Leverage Capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.0500	0.0500
Tier 1 Leverage Capital, To be Well Capitalized With Capital Conservation Buffer, Amount
Tier 1 Leverage Capital, To be Well Capitalized With Capital Conservation Buffer, Ratio	0.00%	0.00%

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures - Schedule of Assets Measured at Fair Value on Recurring Basis (Details) - Fair Value Measurements Recurring [Member] - Securities Available for Sale [Member] - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	$ 48,939,250	$ 50,027,457
Quoted Prices in Active Markets for Identical (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets	48,939,250	50,027,457
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures - Schedule of Estimated Fair Values of Financial Instruments (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Securities held to maturity	$ 437,000	$ 442,000
Securities available for sale	48,939,250	50,027,457
Carrying Value [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Cash and cash equivalents	2,467,000	2,147,000
Certificates of Deposit	500,000	500,000
Securities held to maturity	420,000	421,000
Securities available for sale	48,939,000	50,027,000
Loans receivable	40,534,000	39,266,000
FHLB and other stock, at cost	222,000	226,000
Accrued interest receivable	496,000	526,000
Deposits	85,284,000	78,251,000
Borrowings	1,259,000	6,501,000
Estimate of Fair Value Disclosure [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Cash and cash equivalents	2,467,000	2,147,000
Certificates of Deposit	500,000	500,000
Securities held to maturity	437,000	442,000
Securities available for sale	48,939,000	50,027,000
Loans receivable	40,411,000	39,396,000
FHLB and other stock, at cost	222,000	226,000
Accrued interest receivable	496,000	526,000
Deposits	85,468,000	78,461,000
Borrowings	$ 1,289,000	$ 6,543,000

Contingencies (Details Narrativ

Contingencies (Details Narrative) - ReliaMax Surety Company [Member]	3 Months Ended
	Mar. 31, 2021USD ($)
Loan portfolio amount	$ 2,600,000
Student Loan [Member]
Loan portfolio amount	3,700,000
Loss contingency, unamortized insurance premiums	$ 45,000