Magnolia Bancorp (MGNO) 10-Q/A3 Jan 252024 Q3 Quarterly report (amended)Financial data

Company Profile

Document And Entity Information

Document And Entity Information	9 Months Ended
Document And Entity Information	Sep. 30, 2024 shares
Document Information [Line Items]
Entity Central Index Key	0002033615
Entity Registrant Name	Magnolia Bancorp, Inc.
Amendment Flag	true
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Document Type	10-Q/A
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	333-281796
Entity Incorporation, State or Country Code	LA
Entity Tax Identification Number	99-2913448
Entity Address, Address Line One	2900 Clearview Parkway
Entity Address, City or Town	Metairie
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70006
City Area Code	504
Local Phone Number	455-2444
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	0
Amendment Description	The Form 10-Q for the quarter ended September 30, 2024 is being amended to (a) include the Inline XBRL financial information and interactive data file (see Exhibits 101 and 104), (b) correct the beginning and ending retained earnings amounts in the nine months ended September 30, 2024 column in the Statements of Changes in Retained Earnings, (c) correct the weighted average yield on loans in the 2023 column in the first table in Note 2 on page 9 and (d) make certain other minor changes.

Statements of Financial Conditi

Statements of Financial Condition (Current Period Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Cash and cash equivalents	$ 1,613,000	$ 1,695,000
Interest-bearing deposits with banks	14,000	15,000
Federal Home Loan Bank stock, at cost	347,000	333,000
Loans receivable	30,992,000	32,181,000
Less allowance for credit losses	(185,408)	(200,000)
Loans receivable, net	30,806,508	31,980,733
Property and equipment, net	1,525,000	1,583,000
Accrued interest receivable loans	52,000	61,000
Other assets	747,000	135,000
TOTAL ASSETS	35,105,000	35,803,000
LIABILITIES
Interest-bearing deposits	19,314,000	20,001,000
Non-interest bearing deposits	1,045,000	855,000
Advances from Federal Home Loan Bank	0	500,000
Advance payments by borrowers for insurance and taxes	673,000	318,000
Accrued interest payable	2,000	4,000
Accrued expense and other liabilities	67,000	61,000
Deferred tax liability, net	48,000	48,000
Total Liabilities	21,149,000	21,787,000
RETAINED EARNINGS
Retained earnings	13,956,000	14,016,000
Total Retained Earnings	13,956,000	14,016,000
TOTAL LIABILITIES AND RETAINED EARNINGS	$ 35,105,000	$ 35,803,000

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest and fees on loans	$ 337	$ 331	$ 1,010	$ 1,000
Dividends from Federal Home Loan Bank stock	5	4	13	11
Interest on deposits with other banks and cash equivalents	26	36	70	110
Total interest and dividend income	368	371	1,093	1,121
INTEREST EXPENSE
Interest on deposits	100	46	265	80
Interest on Federal Home Loan Bank advances	7	5	26	6
Total interest expense	107	51	291	86
NET INTEREST INCOME	261	320	802	1,035
PROVISION FOR CREDIT LOSSES	0	0	0	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	261	320	802	1,035
NON-INTEREST INCOME
Service charges on deposit accounts	2	2	5	6
Rental income	6	5	17	16
Other income	0	0	2	2
Total non-interest income	8	7	24	24
NON-INTEREST EXPENSE
Salaries and employee benefits	202	200	574	605
Occupancy and equipment	25	24	69	70
Data processing	14	14	41	41
Automobile depreciation and expense	6	6	18	26
Audit and regulatory examination fees	12	10	41	44
Advertising	1	0	2	13
FHLB and DDA charges	10	9	29	29
Other general and administrative	45	44	129	129
Total non-interest expense	315	307	903	957
INCOME (LOSS) BEFORE INCOME TAXES	(46)	20	(77)	102
INCOME TAXES
Income tax provision (benefit)	(10)	4	(17)	22
NET INCOME (LOSS)	$ (36)	$ 16	$ (60)	$ 80

Statements of Changes in Retain

Statements of Changes in Retained Earnings (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
RETAINED EARNINGS, BEGINNING OF THE PERIOD	$ 13,992	$ 13,994	$ 14,016	$ 13,930
Net income (loss)	(36)	16	(60)	80
RETAINED EARNINGS, END OF THE PERIOD	$ 13,956	$ 14,010	$ 13,956	$ 14,010

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (36)	$ 16	$ (60)	$ 80
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation			58	60
Stock dividends			(14)	(11)
(Increase) decrease in:
Accrued interest receivable and other assets			(586)	(44)
Increase (decrease) in:
Income tax payable			(17)	22
Accrued expenses and other liabilities			5	(56)
Net cash provided by (used in) operating activities			(614)	51
CASH FLOWS FROM INVESTING ACTIVITIES:
Decrease in loans receivable, net			1,174	1,577
Purchases of property and equipment			0	(67)
Net cash provided by investing activities			1,174	1,510
CASH FLOWS FROM FINANCING ACTIVITIES:
Decrease in deposits			(497)	(1,996)
Increase in advances by borrowers for insurance and taxes			354	297
Proceeds (payments) on Federal Home Loan Bank advances, net			(500)	500
Net cash used in financing activities			(643)	(1,199)
Net change in cash and cash equivalents			(83)	362
Cash and cash equivalents, beginning of period			1,710	3,603
Cash and cash equivalents, end of period	1,627	3,965	1,627	3,965
SUPPLEMENTAL DISCLOSURES FOR CASH FLOW INFORMATION:
Cash paid during the period for interest			293	84
Cash paid during the period for income taxes			0	0
RECONCILIATION TO THE STATEMENTS OF FINANCIAL CONDITION
Cash and cash equivalents	1,613	3,944	1,613	3,944
Interest-bearing deposits with banks	14	21	14	21
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	$ 1,627	$ 3,965	$ 1,627	$ 3,965

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	9 Months Ended
Note 1 - Summary of Significant Accounting Policies	Sep. 30, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Summary of S ig nificant Accounting Policies Basis of Presentation The accompanying unaudited financial statements of Mutual Savings and Loan Association (“the Association”) were prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information, general practices within the financial services industry, and instructions for Regulation S- X. not not may December 31, 2023. Critical Accounting Policies and Estimates In preparing the financial statements, the Association is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Association’s financial condition, results of operations, changes in equity, and cash flows for the interim period presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions. On January 1, 2023, 326, 2016 13, 326 Recent Accounting Pronouncements ASU No. 2023 07, 280 December 15, 2023, December 15, 2024. not ASU 2023 09, 740 December 15, 2024. not ASU No. 2024 02, not December 15, 2024. not

Note 2 - Loans Receivable

Note 2 - Loans Receivable	9 Months Ended
Note 2 - Loans Receivable	Sep. 30, 2024
Notes to Financial Statements
Financing Receivables [Text Block]	2. Loans Receivable A summary of the balances of loans as of September 30, 2024 December 31, 2023 2024 2023 Real estate loans Residential $ 29,926,433 $ 30,988,366 Construction - 18,400 Commercial 624,041 706,651 30,550,474 31,713,417 Share Loans 303,673 325,587 30,854,147 32,039,004 Unamortized, Net deferred loan costs 137,769 141,729 Less allowance for credit losses (185,408 ) (200,000 ) Loans receivable, net $ 30,806,508 $ 31,980,733 Weighted average yield 4.36 % 4.22 % Loans are stated at the amount of unpaid principal net of discounts and premiums on acquired loans before allowance for credit losses. Interest on loans is calculated using the effective interest method. There were loan charge offs of $15,000 in the allowance for the nine September 30, 2024; December 31, 2023. Loan Origination/Risk Management/Credit Concentration – The Association has certain lending policies and procedures in place that are designed to maximize loan income within an acceptable level of risk. The Association’s Board of Directors reviews and approves these policies and procedures on a regular basis. Although the Association has a diversified loan portfolio, the Association has concentrations of credit risks related to the real estate market, including residential, commercial, and construction lending. Most of the Association’s lending activity occurs within the greater New Orleans, Louisiana metropolitan area. The Association has certain loans for which repayment is dependent upon the operation or sale of collateral, based on the borrower’s financial difficulties. The underlying collateral can vary based on type of loan. The following provides more detail about the types of collateral that secure collateral dependent loans and the risk characteristics: Real estate loans - consist primarily of residential loans for single and multifamily properties. Residential loans are generally secured by the first second 1 4 1 4 Construction Loans – Construction loans include loans secured by real estate. Construction loans are usually based upon estimates of costs and estimated value of the completed project and include independent appraisal reviews and a financial analysis of the developers and property owners. Sources of repayment of these loans may Commercial Loans – Commercial real estate loans include loans secured by real estate. Repayment of these loans are primarily dependent on cash flows from the operations of the property and personal income of the borrower, which can be impacted by economic conditions of the market. A decrease in demand for commercial real estate in our market area could result in decreases in the underlying collateral values and make repayment of the outstanding loans more difficult for our borrowers. Loans secured by non-residential properties and multi-family housing are dependent upon the ability of the property to produce cash flow sufficient to cover debt service and other operating expenses. These property types are susceptible to weak economic conditions which can result in high vacancy rates. Home Equity Loans - Home equity loans and lines of credit loans are secured by first may Share Loans – The share loan portfolio consists of loans secured by savings or certificate of deposit accounts of customers. Risk is mitigated by the fact that the loans are of smaller individual amounts and secured by deposit accounts. The following tables present a summary by loan class to past due and non-accrual loans as of September 30, 2024 December 31, 2023 ( dollars in thousands September 30, 2024 30 to 90 days past due Greater than 90 days past due Current Loans Total Past due greater than 90 days accruing Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ 727 $ 727 $ - Fixed Rate: Land Loan - - 289 289 - Multi family - - 292 292 - 1-4 Family residential 216 - 28,402 28,618 - Total Residential Loans - non-construction 216 - 29,710 29,926 - Construction residential - - - - - Commercial - - 624 624 - Total Real Estate Loans 216 - 30,334 30,550 - Share Loans - - 304 304 - Total $ 216 $ - $ 30,638 $ 30,854 $ - September 30, 2024 Nonaccrual loans with no allowance Nonaccrual loans with an allowance Total nonaccrual loans Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ - Fixed Rate: Land Loan - - - Multi family - - - 1-4 Family residential - - - Total Residential Loans - non-construction - - - Construction residential - - - Commercial - - - Total Real Estate Loans - - - Share Loans - - - Total $ - $ - $ - December 31, 2023 30 to 90 days past due Greater than 90 days past due Current Loans Total Past due greater than 90 days accruing Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ 575 $ 575 $ - Fixed Rate: Land Loan - 34 113 147 - Multi family - - 302 302 - 1-4 Family residential - - 29,964 29,964 - Total Residential Loans - non-construction - 34 30,954 30,988 - Construction residential - - 18 18 - Commercial - - 707 707 - Total Real Estate Loans - 34 31,679 31,713 - Share Loans - - 326 326 - Total $ - $ 34 $ 32,005 $ 32,039 $ - December 31, 2023 Nonaccrual loans with no allowance Nonaccrual loans with an allowance Total nonaccrual loans Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ - Fixed Rate: Land Loan 34 - 34 Multi family - - - 1-4 Family residential - - - Total Residential Loans - non-construction 34 - 34 Construction residential - - - Commercial - - - Total Real Estate Loans 34 - 34 - Share Loans - - - Total $ 34 $ - $ 34 Loans receivable as of September 30, 2024 December 31, 2023 September 30, 2024 Less than one year One to five years Six to ten years More than ten years Total Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ 727 $ - $ - $ - $ 727 Fixed Rate: Land Loan - 22 211 56 289 Multi family - - - 292 292 1-4 Family residential 22 327 3,719 24,550 28,618 Total Residential Loans - non-construction 749 349 3,930 24,898 29,926 Construction residential - - - - - Commercial - 82 542 - 624 Total Real Estate Loans 749 431 4,472 24,898 30,550 Share Loans - - - 304 304 Total $ 749 $ 431 $ 4,472 $ 25,202 $ 30,854 December 31, 2023 Less than one year One to five years Six to ten years More than ten years Total Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ 575 $ - $ - $ - $ 575 Fixed Rate: Land Loan 34 30 24 59 147 Multi family - - - 302 302 1-4 Family residential - 280 3,239 26,445 29,964 Total Residential Loans - non-construction 609 310 3,263 26,806 30,988 Construction residential - - - 18 18 Commercial - 101 606 - 707 Total Real Estate Loans 609 411 3,869 26,824 31,713 Share Loans 326 - - - 326 Total $ 935 $ 411 $ 3,869 $ 26,824 $ 32,039 During the period and years ended September 30, 2024 December 31, 2023, nine September 30, 2024 September 30, 2023. January 1, 2023, not Credit Quality Indicators The Association uses several credit quality indicators to manage credit risk in an ongoing manner. The Association's primary credit quality indicators are to use an internal credit risk rating system that categorizes loans into pass/watch, special mention, substandard, or doubtful categories. Credit risk ratings are applied individually to those classes of loans that have significant or unique credit characteristics that benefit from a case-by-case evaluation. Groups of loans and leases that are underwritten and structured using standardized criteria and characteristics, such as statistical models (e.g., credit scoring or payment performance), are typically risk-rated and monitored collectively. The following are the definitions of the Association's credit quality indicators: Pass: Loans that comply in all material respects with the Association's loan policies, which are adequately secured with conforming collateral, and are extended to borrowers with documented cash flow and/or liquidity to safely cover their total debt service requirements. These grades include loans to borrowers of solid credit quality with no Watch: Loans that are above the FNMA limits are monitored on a routine basis. In addition, loans that become delinquent are initially identified as watch list loans for further monitoring. These loans do not Special Mention: Loans that have potential weaknesses that, if left uncorrected, may may may not not not Classified Loans Credit Quality Indicators Substandard: Loans that are inadequately protected by the current net worth and paying capacity of the obligor or the collateral pledged. These assets have a well-defined weakness or weaknesses. The Association has a distinct possibility to sustain some loss if the deficiencies are not Doubtful: Loans that have the weaknesses of those classified Substandard, with the added characteristic that the weaknesses make the collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The likelihood of loss on an asset is high. The following presents, by class and by credit quality indicator, the recorded investment in the Association's loans as of September 30, 2024 December 31, 2023 ( dollars in thousands The Association’s credit quality indicators are periodically updated on a case-by-case basis. September 30, 2024 Pass/ Watch Special Mention Substandard Doubtful Total Real estate loans Residential $ 29,926 $ - $ - $ - $ 29,926 Construction - - - - - Commercial 624 - - - 624 Share Loans 304 - - - 304 $ 30,854 $ - $ - $ - $ 30,854 December 31, 2023 Pass/ Watch Special Mention Substandard Doubtful Total Real estate loans Residential $ 30,954 $ - $ 34 $ - $ 30,988 Construction 18 - - - 18 Commercial 707 - - - 707 Share Loans 326 - - - 326 Total $ 32,005 $ - $ 34 $ - $ 32,039 The following table reflects loans by credit quality indicator and origination year at September 30, 2024 ( dollars in thousands September 30, 2024 2024 2023 2022 2021 2020 Prior Total Residential real estate: Loans Secured by Residential Real Estate Loans - non-construction Pass/Watch $ 686 $ 2,021 $ 5,261 $ 5,247 $ 4,051 $ 12,660 $ 29,926 Special Mention - - - - - - - Classified - - - - - - - Total 686 2,021 5,261 5,247 4,051 12,660 29,926 Current period gross write offs - - - - - 15 15 Loans Secured by 1-4 Family Residential - Construction Pass/Watch - - - - - - - Special Mention - - - - - - - Classified - - - - - - - Total - - - - - - - Current period gross write offs - - - - - - - Loans Secured by Commercial Real Estate Pass/Watch - - - - - 624 624 Special Mention - - - - - - - Classified - - - - - - - Total - - - - - 624 624 Current period gross write offs - - - - - - - Share Loans Pass/Watch - - 194 - - 110 304 Special Mention - - - - - - - Classified - - - - - - - Total - - 194 - - 110 304 Current period gross write offs - - - - - - - All Loans Pass/Watch 686 2,021 5,455 5,247 4,051 13,394 30,854 Special Mention - - - - - - - Classified - - - - - - - Total $ 686 $ 2,021 $ 5,455 $ 5,247 $ 4,051 $ 13,394 $ 30,854 Current period gross write offs $ - $ - $ - $ - $ - $ 15 $ 15 The following table reflects loans by credit quality indicator and origination year at December 31, 2023 ( dollars in thousands 2023 2022 2021 2020 2019 Prior Total Residential real estate: Loans Secured by Residential Real Estate Loans - non-construction Pass/Watch $ 1,358 $ 5,369 $ 5,430 $ 4,764 $ 1,721 $ 12,312 $ 30,954 Special Mention - - - - - - - Classified - - - - - 34 34 Total 1,358 5,369 5,430 4,764 1,721 12,346 30,988 Current period gross write offs - - - - - - - Loans Secured by 1-4 Family Residential - Construction Pass/Watch 18 - - - - - 18 Special Mention - - - - - - - Classified - - - - - - - Total 18 - - - - - 18 Current period gross write offs - - - - - - - Loans Secured by Commercial Real Estate Pass/Watch - - - - - 707 707 Special Mention - - - - - - - Classified - - - - - - - Total - - - - - 707 707 Current period gross write offs - - - - - - - Share Loans Pass/Watch - 212 - - 50 64 326 Special Mention - - - - - - - Classified - - - - - - - Total - 212 - - 50 64 326 Current period gross write offs - - - - - - - All Loans Pass/Watch 1,377 5,581 5,430 4,764 1,771 13,082 32,005 Special Mention - - - - - - - Classified - - - - - 34 34 Total $ 1,377 $ 5,581 $ 5,430 $ 4,764 $ 1,771 $ 13,116 $ 32,039 Current period gross write offs $ - $ - $ - $ - $ - $ - $ - Allowance for Credit Losses on Loans Receivable The allowance for credit loss (loan losses) represents the estimated amount considered necessary to cover lifetime expected credit losses inherent in financial assets at the statement of financial condition date. The following table summarizes the activity by loan categories as of September 30, 2024 December 31, 2023 ( dollars in thousands Residential Real Estate Loans September 30, 2024 Mortgage Construction Commercial Real Estate Share Loans Total Allowance for Credit Losses Beginning Balance $ 175 $ 15 $ 10 $ - $ 200 Charge-offs (15 ) - - - (15 ) Recoveries - - - - - Provision for credit losses 15 (15 ) - - - Ending Balances $ 175 $ - $ 10 $ - $ 185 Ending Balances Allocated to: Individually Evaluated for Impairment $ - $ - $ - $ - $ - Collectively Evaluated for Impairment 175 - 10 - 185 $ 175 $ - $ 10 $ - $ 185 Residential Real Estate Loans December 31, 2023 Mortgage Construction Commercial Real Estate Share Loans Total Allowance for Credit Losses Beginning Balance $ 198 $ 2 $ - $ - $ 200 Charge-offs - - - - - Recoveries - - - - - Provision for credit losses (23 ) 13 10 - - Ending Balances $ 175 $ 15 $ 10 $ - $ 200 Ending Balances Allocated to: Individually Evaluated for Impairment $ - $ - $ - $ - $ - Collectively Evaluated for Impairment 175 15 10 - 200 $ 175 $ 15 $ 10 $ - $ 200 Allowance for Credit Losses on Unfunded Loan Commitments The Association considered an allowance for credit losses on unfunded loan commitments as of September 30, 2024 2023 Related-Party Loans In the ordinary course of business, the Association has granted loans to principal officers and directors, and entities in which they have significant ownership or management positions. An analysis of the changes in loans to such borrowers for the nine September 30, 2024 December 31, 2023 Related-Party Loans 2024 2023 Balance, Beginning $ 914,683 $ 850,993 Additions 425,175 127,128 Payments (40,504 ) (63,438 ) Balance, Ending $ 1,299,354 $ 914,683

Note 3 - Deposits

Note 3 - Deposits	9 Months Ended
Note 3 - Deposits	Sep. 30, 2024
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	3. Deposits Certificates of deposit and other time deposits issued in denominations that exceed the Federal Deposit Insurance Corporation (FDIC) insurance limit of $250,000 September 30, 2024 December 31, 2023, A summary of deposit balances by type as of September 30, 2024 December 31, 2023 Interest Rates as of Sept 30, 2024 2024 2023 Now Accounts 0.00-0.20 % $ 7,956,713 $ 8,528,352 Passbook Accounts 0.01 % 2,198,209 2,797,529 10,154,922 11,325,881 Certificates of Deposit 0.00-0.99 % 1,587,222 3,802,746 1.00-1.99 % 248,000 248,512 2.00-2.99 % - - 3.00-3.99 % 4,147,482 3,306,302 4.00-4.99 % 996,000 436,657 5.00-5.99 % 3,225,000 1,736,000 10,203,704 9,530,217 Total $ 20,358,626 $ 20,856,098 Time Deposits At September 30, 2024 December 31, 2023, 2024 2023 Period of Maturity Amount Percentage of Total Amount Percentage of Total Within 12 months $ 9,668,698 94.76 % $ 6,986,923 73.31 % 13 months - 24 months 480,829 4.71 % 2,434,595 25.55 % 25 months - 36 months 44,464 0.44 % 104,134 1.09 % 37 months - 48 months 1,004 0.01 % 4,565 0.05 % 49 months - 60 months 8,709 0.08 % - - Total $ 10,203,704 100.00 % $ 9,530,217 100.00 % Deposits with Related Parties and Concentrations During the normal course of business, the Association accepts deposits from members of the Board of Directors and officers. As of September 30, 2024 December 31, 2023, September 30, 2024 December 31, 2023, Interest-Bearing Deposits Interest expense on deposits during the nine September 30, 2024 September 30, 2023 September 30, September 30, 2024 2023 Now Accounts $ 7,118 $ 8,171 Passbook Accounts 192 231 Certificates of Deposit 257,965 72,063 Total $ 265,275 $ 80,465 Weighted Average Interest Rate 1.73 % 0.47 % The weighted average interest rate on NOW accounts was .11%, .01%, September 30, 2024.The .11%, .01%, September 30, 2023.

Note 4 - Advances From Federal

Note 4 - Advances From Federal Home Loan Bank (FHLB)	9 Months Ended
Note 4 - Advances From Federal Home Loan Bank (FHLB)	Sep. 30, 2024
Notes to Financial Statements
Federal Home Loan Bank Advances, Disclosure [Text Block]	4. Advances from Federal Home Loan Bank (FHLB) The Association has a line of credit with the FHLB through which advances are drawn. The total available line of credit at September 30, 2024 September 30, 2024 first 2024, September 30, 2024.

Note 5 - Regulatory Matters

Note 5 - Regulatory Matters	9 Months Ended
Note 5 - Regulatory Matters	Sep. 30, 2024
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	5. Regulatory Matters The Association is subject to various regulatory capital requirements administered by its primary Federal regulator, the Office of the Comptroller of Currency (OCC). Failure to meet the minimum regulatory capital requirements can initiate certain mandatory, and possible additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Association's financial statements. Under the regulatory capital adequacy guidelines and the regulatory framework for prompt corrective action, the Association must meet specific capital guidelines involving quantitative measures of the Association's assets, liabilities, and certain off-financial condition items as calculated under regulatory accounting practices. The Association's capital amounts and classifications 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 (set forth in the table below) of total risk-based and Tier I risk-based capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier I core capital (as defined) to adjusted total assets (as defined), and tangible capital to adjusted total assets (as defined). The final rules implementing Basel Committee on Banking Supervision's capital guidelines for U.S. banks (Basel III rules) became fully effective for the Association on January 1, 2019. September 30, 2024 December 31, 2023, As of September 30, 2024 December 31, 2023 no September 30, 2024 December 31, 2023 dollars in thousands Actual Required for Capital Adequacy Purposes Required to be Well-Capitalized Under Prompt Corrective Action Provisions 2024 Amount Ratio Amount Ratio Amount Ratio Tier 1 Leverage Ratio (1 ) $ 13,956 38.98 % $ 1,432 4.00 % $ 1,790 5.00 % Common Equity Tier 1 (2 ) 13,956 72.61 % $ 865 4.50 % $ 1,249 6.50 % Tier 1 Risk-Based Capital (2 ) 13,956 72.61 % $ 1,153 6.00 % $ 1,538 8.00 % Total Risk-Based Capital (2 ) 14,141 73.57 % $ 1,538 8.00 % $ 1,922 10.00 % Actual Required for Capital Adequacy Purposes Required to be Well-Capitalized Under Prompt Corrective Action Provisions 2023 Amount Ratio Amount Ratio Amount Ratio Tier 1 Leverage Ratio (1 ) $ 14,016 38.40 % $ 1,459 4.00 % $ 1,824 5.00 % Common Equity Tier 1 (2 ) 14,016 72.99 % 864 4.50 % 1,247 6.50 % Tier 1 Risk-Based Capital (2 ) 14,016 72.99 % 1,151 6.00 % 1,535 8.00 % Total Risk-Based Capital (2 ) 14,216 74.03 % 1,535 8.00 % 1,919 10.00 % ______________________________________ ( 1 ( 2

Note 6 - Fair Value Measures

Note 6 - Fair Value Measures	9 Months Ended
Note 6 - Fair Value Measures	Sep. 30, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	6. Fair Value Measures Under the FASB's authoritative guidance for fair value measurements, the Association must determine the appropriate level in the fair value hierarchy for each fair value measurement. To increase consistency and comparability in fair value measurements, the guidance established a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three Level 1 1 Level 2 1 2 not Level 3 no 3 Assets and Liabilities Measured on a Non-Recurring Basis The following describes the hierarchy designation, valuation methodologies, and key inputs for those assets that are measured at fair value on a non-recurring basis: Collateral Dependent Loans For collateral dependent loans, fair value is measured based on the value of the collateral securing these loans and is classified at a Level 3 one one four may third September 30, 2024 Level 1 Level 2 Level 3 Total Estimated Fair Value Assets Collateral dependent loan $ - $ - $ - $ - Total $ - $ - $ - $ - December 31, 2023 Level 1 Level 2 Level 3 Total Estimated Fair Value Assets Collateral dependent loan $ - $ - $ 34 $ 34 Total $ - $ - $ 34 $ 34 The following methods and assumptions were used by the Association to estimate fair value of financial instruments: Cash and cash equivalents FHLB stock Loans receivable, net Deposits Advance, short-term The carrying amount and estimated fair value of the Association’s financial instruments are as follows ( dollars in thousands Carrying Value Fair Value Measures September 30, 2024 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 1,613 $ 1,613 $ - $ - FHLB stock $ 347 - 347 $ - Loans receivable, net $ 30,807 - - $ 29,600 Financial liabilities: Deposits $ 20,359 - - $ 18,707 Advances, short-term $ - - - $ - Carrying Value Fair Value Measures December 31, 2023 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 1,694 $ 1,694 $ - $ - FHLB stock $ 333 - 333 - Loans receivable, net $ 31,981 - - $ 30,309 Financial liabilities: Deposits $ 20,856 - - $ 18,787 Advances, short-term $ 500 500 - -

Note 7 - Plan of Conversion

Note 7 - Plan of Conversion	9 Months Ended
Note 7 - Plan of Conversion	Sep. 30, 2024
Notes to Financial Statements
Equity [Text Block]	7. Plan of Conversion On February 1, 2024, December 23, 2024. Upon completion of the conversion, the Association will convert to the stock form of ownership and issue all of its outstanding common stock to the Company. Pursuant to the Plan, the Association will determine the total offering value and number of shares of common stock to be offered for sale by the Company based upon an independent appraiser’s valuation. The stock will be priced at $10.00 per share. In addition, the Company’s Board of Directors has adopted an employee stock ownership plan which will subscribe for up to 8% of the common stock sold in the offering. The Company has been organized as a corporation under the laws of the State of Louisiana and will own all of the outstanding common stock of the Association upon completion of the conversion. The conversion will be accounted for as a change in corporate form with the historic basis of the Association’s assets, liabilities and equity unchanged as a result. The costs of issuing the common stock will be deferred and deducted from the sales proceeds of the stock offering. If the conversion is unsuccessful, all deferred costs will be charged to operations. The Association had $619,069 and $61,000 of deferred conversion costs as of September 30, 2024 December 31, 2023, September 30, 2024

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
Insider Trading Arrangements	Sep. 30, 2024	Sep. 30, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]		5. Other Information During the nine September 30, 2024, none 10b5 1 10b5 1 408
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
Significant Accounting Policies (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited financial statements of Mutual Savings and Loan Association (“the Association”) were prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information, general practices within the financial services industry, and instructions for Regulation S- X. not not may December 31, 2023.
Use of Estimates, Policy [Policy Text Block]	Critical Accounting Policies and Estimates In preparing the financial statements, the Association is required to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. The financial statements reflect all adjustments that are, in the opinion of management, necessary for a fair statement of the Association’s financial condition, results of operations, changes in equity, and cash flows for the interim period presented. These adjustments are of a normal recurring nature and include appropriate estimated provisions. On January 1, 2023, 326, 2016 13, 326
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements ASU No. 2023 07, 280 December 15, 2023, December 15, 2024. not ASU 2023 09, 740 December 15, 2024. not ASU No. 2024 02, not December 15, 2024. not

Note 2 - Loans Receivable (Tabl

Note 2 - Loans Receivable (Tables)	9 Months Ended
Note 2 - Loans Receivable (Tables)	Sep. 30, 2024
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	2024 2023 Real estate loans Residential $ 29,926,433 $ 30,988,366 Construction - 18,400 Commercial 624,041 706,651 30,550,474 31,713,417 Share Loans 303,673 325,587 30,854,147 32,039,004 Unamortized, Net deferred loan costs 137,769 141,729 Less allowance for credit losses (185,408 ) (200,000 ) Loans receivable, net $ 30,806,508 $ 31,980,733 Weighted average yield 4.36 % 4.22 %
Financing Receivable, Past Due [Table Text Block]	September 30, 2024 30 to 90 days past due Greater than 90 days past due Current Loans Total Past due greater than 90 days accruing Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ 727 $ 727 $ - Fixed Rate: Land Loan - - 289 289 - Multi family - - 292 292 - 1-4 Family residential 216 - 28,402 28,618 - Total Residential Loans - non-construction 216 - 29,710 29,926 - Construction residential - - - - - Commercial - - 624 624 - Total Real Estate Loans 216 - 30,334 30,550 - Share Loans - - 304 304 - Total $ 216 $ - $ 30,638 $ 30,854 $ - December 31, 2023 30 to 90 days past due Greater than 90 days past due Current Loans Total Past due greater than 90 days accruing Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ 575 $ 575 $ - Fixed Rate: Land Loan - 34 113 147 - Multi family - - 302 302 - 1-4 Family residential - - 29,964 29,964 - Total Residential Loans - non-construction - 34 30,954 30,988 - Construction residential - - 18 18 - Commercial - - 707 707 - Total Real Estate Loans - 34 31,679 31,713 - Share Loans - - 326 326 - Total $ - $ 34 $ 32,005 $ 32,039 $ -
Financing Receivable, Nonaccrual [Table Text Block]	September 30, 2024 Nonaccrual loans with no allowance Nonaccrual loans with an allowance Total nonaccrual loans Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ - Fixed Rate: Land Loan - - - Multi family - - - 1-4 Family residential - - - Total Residential Loans - non-construction - - - Construction residential - - - Commercial - - - Total Real Estate Loans - - - Share Loans - - - Total $ - $ - $ - December 31, 2023 Nonaccrual loans with no allowance Nonaccrual loans with an allowance Total nonaccrual loans Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ - $ - $ - Fixed Rate: Land Loan 34 - 34 Multi family - - - 1-4 Family residential - - - Total Residential Loans - non-construction 34 - 34 Construction residential - - - Commercial - - - Total Real Estate Loans 34 - 34 - Share Loans - - - Total $ 34 $ - $ 34
Financing Receivable, before Allowance for Credit Loss, Maturity [Table Text Block]	September 30, 2024 Less than one year One to five years Six to ten years More than ten years Total Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ 727 $ - $ - $ - $ 727 Fixed Rate: Land Loan - 22 211 56 289 Multi family - - - 292 292 1-4 Family residential 22 327 3,719 24,550 28,618 Total Residential Loans - non-construction 749 349 3,930 24,898 29,926 Construction residential - - - - - Commercial - 82 542 - 624 Total Real Estate Loans 749 431 4,472 24,898 30,550 Share Loans - - - 304 304 Total $ 749 $ 431 $ 4,472 $ 25,202 $ 30,854 December 31, 2023 Less than one year One to five years Six to ten years More than ten years Total Real estate loans Loan Secured by Real Estate Adjustable Rate - home equity $ 575 $ - $ - $ - $ 575 Fixed Rate: Land Loan 34 30 24 59 147 Multi family - - - 302 302 1-4 Family residential - 280 3,239 26,445 29,964 Total Residential Loans - non-construction 609 310 3,263 26,806 30,988 Construction residential - - - 18 18 Commercial - 101 606 - 707 Total Real Estate Loans 609 411 3,869 26,824 31,713 Share Loans 326 - - - 326 Total $ 935 $ 411 $ 3,869 $ 26,824 $ 32,039
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2024 Pass/ Watch Special Mention Substandard Doubtful Total Real estate loans Residential $ 29,926 $ - $ - $ - $ 29,926 Construction - - - - - Commercial 624 - - - 624 Share Loans 304 - - - 304 $ 30,854 $ - $ - $ - $ 30,854 December 31, 2023 Pass/ Watch Special Mention Substandard Doubtful Total Real estate loans Residential $ 30,954 $ - $ 34 $ - $ 30,988 Construction 18 - - - 18 Commercial 707 - - - 707 Share Loans 326 - - - 326 Total $ 32,005 $ - $ 34 $ - $ 32,039 September 30, 2024 2024 2023 2022 2021 2020 Prior Total Residential real estate: Loans Secured by Residential Real Estate Loans - non-construction Pass/Watch $ 686 $ 2,021 $ 5,261 $ 5,247 $ 4,051 $ 12,660 $ 29,926 Special Mention - - - - - - - Classified - - - - - - - Total 686 2,021 5,261 5,247 4,051 12,660 29,926 Current period gross write offs - - - - - 15 15 Loans Secured by 1-4 Family Residential - Construction Pass/Watch - - - - - - - Special Mention - - - - - - - Classified - - - - - - - Total - - - - - - - Current period gross write offs - - - - - - - Loans Secured by Commercial Real Estate Pass/Watch - - - - - 624 624 Special Mention - - - - - - - Classified - - - - - - - Total - - - - - 624 624 Current period gross write offs - - - - - - - Share Loans Pass/Watch - - 194 - - 110 304 Special Mention - - - - - - - Classified - - - - - - - Total - - 194 - - 110 304 Current period gross write offs - - - - - - - All Loans Pass/Watch 686 2,021 5,455 5,247 4,051 13,394 30,854 Special Mention - - - - - - - Classified - - - - - - - Total $ 686 $ 2,021 $ 5,455 $ 5,247 $ 4,051 $ 13,394 $ 30,854 Current period gross write offs $ - $ - $ - $ - $ - $ 15 $ 15 2023 2022 2021 2020 2019 Prior Total Residential real estate: Loans Secured by Residential Real Estate Loans - non-construction Pass/Watch $ 1,358 $ 5,369 $ 5,430 $ 4,764 $ 1,721 $ 12,312 $ 30,954 Special Mention - - - - - - - Classified - - - - - 34 34 Total 1,358 5,369 5,430 4,764 1,721 12,346 30,988 Current period gross write offs - - - - - - - Loans Secured by 1-4 Family Residential - Construction Pass/Watch 18 - - - - - 18 Special Mention - - - - - - - Classified - - - - - - - Total 18 - - - - - 18 Current period gross write offs - - - - - - - Loans Secured by Commercial Real Estate Pass/Watch - - - - - 707 707 Special Mention - - - - - - - Classified - - - - - - - Total - - - - - 707 707 Current period gross write offs - - - - - - - Share Loans Pass/Watch - 212 - - 50 64 326 Special Mention - - - - - - - Classified - - - - - - - Total - 212 - - 50 64 326 Current period gross write offs - - - - - - - All Loans Pass/Watch 1,377 5,581 5,430 4,764 1,771 13,082 32,005 Special Mention - - - - - - - Classified - - - - - 34 34 Total $ 1,377 $ 5,581 $ 5,430 $ 4,764 $ 1,771 $ 13,116 $ 32,039 Current period gross write offs $ - $ - $ - $ - $ - $ - $ -
Financing Receivable, Allowance for Credit Loss [Table Text Block]	Residential Real Estate Loans September 30, 2024 Mortgage Construction Commercial Real Estate Share Loans Total Allowance for Credit Losses Beginning Balance $ 175 $ 15 $ 10 $ - $ 200 Charge-offs (15 ) - - - (15 ) Recoveries - - - - - Provision for credit losses 15 (15 ) - - - Ending Balances $ 175 $ - $ 10 $ - $ 185 Ending Balances Allocated to: Individually Evaluated for Impairment $ - $ - $ - $ - $ - Collectively Evaluated for Impairment 175 - 10 - 185 $ 175 $ - $ 10 $ - $ 185 Residential Real Estate Loans December 31, 2023 Mortgage Construction Commercial Real Estate Share Loans Total Allowance for Credit Losses Beginning Balance $ 198 $ 2 $ - $ - $ 200 Charge-offs - - - - - Recoveries - - - - - Provision for credit losses (23 ) 13 10 - - Ending Balances $ 175 $ 15 $ 10 $ - $ 200 Ending Balances Allocated to: Individually Evaluated for Impairment $ - $ - $ - $ - $ - Collectively Evaluated for Impairment 175 15 10 - 200 $ 175 $ 15 $ 10 $ - $ 200
Schedule of Related Party Transactions [Table Text Block]	Related-Party Loans 2024 2023 Balance, Beginning $ 914,683 $ 850,993 Additions 425,175 127,128 Payments (40,504 ) (63,438 ) Balance, Ending $ 1,299,354 $ 914,683

Note 3 - Deposits (Tables)

Note 3 - Deposits (Tables)	9 Months Ended
Note 3 - Deposits (Tables)	Sep. 30, 2024
Notes Tables
Deposit Liabilities, Type [Table Text Block]	Interest Rates as of Sept 30, 2024 2024 2023 Now Accounts 0.00-0.20 % $ 7,956,713 $ 8,528,352 Passbook Accounts 0.01 % 2,198,209 2,797,529 10,154,922 11,325,881 Certificates of Deposit 0.00-0.99 % 1,587,222 3,802,746 1.00-1.99 % 248,000 248,512 2.00-2.99 % - - 3.00-3.99 % 4,147,482 3,306,302 4.00-4.99 % 996,000 436,657 5.00-5.99 % 3,225,000 1,736,000 10,203,704 9,530,217 Total $ 20,358,626 $ 20,856,098
Time Deposit Maturities [Table Text Block]	2024 2023 Period of Maturity Amount Percentage of Total Amount Percentage of Total Within 12 months $ 9,668,698 94.76 % $ 6,986,923 73.31 % 13 months - 24 months 480,829 4.71 % 2,434,595 25.55 % 25 months - 36 months 44,464 0.44 % 104,134 1.09 % 37 months - 48 months 1,004 0.01 % 4,565 0.05 % 49 months - 60 months 8,709 0.08 % - - Total $ 10,203,704 100.00 % $ 9,530,217 100.00 %
Summary of Interest Expense on Deposit Liabilities [Table Text Block]	September 30, September 30, 2024 2023 Now Accounts $ 7,118 $ 8,171 Passbook Accounts 192 231 Certificates of Deposit 257,965 72,063 Total $ 265,275 $ 80,465 Weighted Average Interest Rate 1.73 % 0.47 %

Note 5 - Regulatory Matters (Ta

Note 5 - Regulatory Matters (Tables)	9 Months Ended
Note 5 - Regulatory Matters (Tables)	Sep. 30, 2024
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Required for Capital Adequacy Purposes Required to be Well-Capitalized Under Prompt Corrective Action Provisions 2024 Amount Ratio Amount Ratio Amount Ratio Tier 1 Leverage Ratio (1 ) $ 13,956 38.98 % $ 1,432 4.00 % $ 1,790 5.00 % Common Equity Tier 1 (2 ) 13,956 72.61 % $ 865 4.50 % $ 1,249 6.50 % Tier 1 Risk-Based Capital (2 ) 13,956 72.61 % $ 1,153 6.00 % $ 1,538 8.00 % Total Risk-Based Capital (2 ) 14,141 73.57 % $ 1,538 8.00 % $ 1,922 10.00 % Actual Required for Capital Adequacy Purposes Required to be Well-Capitalized Under Prompt Corrective Action Provisions 2023 Amount Ratio Amount Ratio Amount Ratio Tier 1 Leverage Ratio (1 ) $ 14,016 38.40 % $ 1,459 4.00 % $ 1,824 5.00 % Common Equity Tier 1 (2 ) 14,016 72.99 % 864 4.50 % 1,247 6.50 % Tier 1 Risk-Based Capital (2 ) 14,016 72.99 % 1,151 6.00 % 1,535 8.00 % Total Risk-Based Capital (2 ) 14,216 74.03 % 1,535 8.00 % 1,919 10.00 %

Note 6 - Fair Value Measures (T

Note 6 - Fair Value Measures (Tables)	9 Months Ended
Note 6 - Fair Value Measures (Tables)	Sep. 30, 2024
Notes Tables
Fair Value Measurements, Nonrecurring [Table Text Block]	September 30, 2024 Level 1 Level 2 Level 3 Total Estimated Fair Value Assets Collateral dependent loan $ - $ - $ - $ - Total $ - $ - $ - $ - December 31, 2023 Level 1 Level 2 Level 3 Total Estimated Fair Value Assets Collateral dependent loan $ - $ - $ 34 $ 34 Total $ - $ - $ 34 $ 34
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Value Fair Value Measures September 30, 2024 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 1,613 $ 1,613 $ - $ - FHLB stock $ 347 - 347 $ - Loans receivable, net $ 30,807 - - $ 29,600 Financial liabilities: Deposits $ 20,359 - - $ 18,707 Advances, short-term $ - - - $ - Carrying Value Fair Value Measures December 31, 2023 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 1,694 $ 1,694 $ - $ - FHLB stock $ 333 - 333 - Loans receivable, net $ 31,981 - - $ 30,309 Financial liabilities: Deposits $ 20,856 - - $ 18,787 Advances, short-term $ 500 500 - -

Note 2 - Loans Receivable (Deta

Note 2 - Loans Receivable (Details Textual) - USD ($)	9 Months Ended		12 Months Ended
Note 2 - Loans Receivable (Details Textual) - USD ($)	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Jan. 01, 2023
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	$ 15,000	$ 0	$ 0
Proceeds from Sale and Collection of Mortgage Notes Receivable	0		$ 0
Financing Receivable, Modified in Period, Amount	$ 0	$ 0
Financing Receivable, Modified, Accumulated				$ 0

Note 2 - Loans Receivable - Sum

Note 2 - Loans Receivable - Summary of Loans (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Loans receivable, before allowance and fee	$ 30,854,147	$ 32,039,004
Unamortized, Net deferred loan costs	137,769	141,729
Less allowance for credit losses	(185,408)	(200,000)	$ (200,000)
Loans receivable, net	$ 30,806,508	$ 31,980,733
Weighted average yield	4.36%	4.22%
Real Estate Loan [Member]
Loans receivable, before allowance and fee	$ 30,550,474	$ 31,713,417
Share Loans [Member]
Loans receivable, before allowance and fee	303,673	325,587
Less allowance for credit losses	0	0	0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	29,926,433	30,988,366
Less allowance for credit losses	(175,000)	(175,000)	(198,000)
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	0	18,400
Less allowance for credit losses	0	(15,000)	(2,000)
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, before allowance and fee	624,000	707,000
Less allowance for credit losses	(10,000)	(10,000)	$ 0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	$ 624,041	$ 706,651

Note 2 - Loans Receivable - Pas

Note 2 - Loans Receivable - Past Due (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Loans receivable, Past due greater than 90 days accruing	$ 0	$ 0
Loans receivable, before allowance and fee	30,854,147	32,039,004
Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, before allowance and fee	216,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, before allowance and fee	0	34,000
Financial Asset, Not Past Due [Member]
Loans receivable, before allowance and fee	30,638,000	32,005,000
Real Estate Loan [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, before allowance and fee	30,550,474	31,713,417
Real Estate Loan [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, before allowance and fee	216,000	0
Real Estate Loan [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, before allowance and fee	0	34,000
Real Estate Loan [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, before allowance and fee	30,334,000	31,679,000
Share Loans [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, before allowance and fee	303,673	325,587
Share Loans [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, before allowance and fee	0	0
Share Loans [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, before allowance and fee	0	0
Share Loans [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, before allowance and fee	304,000	326,000
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans receivable, adjustable rate	727,000	575,000
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, before allowance and fee	727,000	575,000
Residential Portfolio Segment [Member] \| Home Equity Loan [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, adjustable rate	0	0
Residential Portfolio Segment [Member] \| Home Equity Loan [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, adjustable rate	0	0
Residential Portfolio Segment [Member] \| Home Equity Loan [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, adjustable rate	727,000	575,000
Residential Portfolio Segment [Member] \| Land [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	289,000	147,000
Loans receivable, before allowance and fee	289,000	147,000
Residential Portfolio Segment [Member] \| Land [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Residential Portfolio Segment [Member] \| Land [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	34,000
Residential Portfolio Segment [Member] \| Land [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	289,000	113,000
Residential Portfolio Segment [Member] \| Multifamily [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	292,000	302,000
Loans receivable, before allowance and fee	292,000	302,000
Residential Portfolio Segment [Member] \| Multifamily [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Residential Portfolio Segment [Member] \| Multifamily [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Residential Portfolio Segment [Member] \| Multifamily [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	292,000	302,000
Residential Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	28,618,000	29,964,000
Loans receivable, before allowance and fee	28,618,000	29,964,000
Residential Portfolio Segment [Member] \| One to Four Family [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	216,000	0
Residential Portfolio Segment [Member] \| One to Four Family [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Residential Portfolio Segment [Member] \| One to Four Family [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	28,402,000	29,964,000
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	29,926,000	30,988,000
Loans receivable, before allowance and fee	29,926,433	30,988,366
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	216,000	0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	34,000
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	29,710,000	30,954,000
Construction Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, before allowance and fee	0	0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	0	18,000
Loans receivable, before allowance and fee	0	18,400
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	0	18,000
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, before allowance and fee	624,000	707,000
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, Past due greater than 90 days accruing	0	0
Loans receivable, fixed rate	624,000	707,000
Loans receivable, before allowance and fee	624,041	706,651
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, 30 to 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable, fixed rate	0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Financial Asset, Not Past Due [Member]
Loans receivable, fixed rate	$ 624,000	$ 707,000

Note 2 - Loans Receivable - Non

Note 2 - Loans Receivable - Nonaccrual (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loans receivable, nonaccrual with no allowance	$ 0	$ 34
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	34
Real Estate Loan [Member]
Loans receivable, nonaccrual with no allowance	0	34
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	34
Share Loans [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	0
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	0
Residential Portfolio Segment [Member] \| Land [Member]
Loans receivable, nonaccrual with no allowance	0	34
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	34
Residential Portfolio Segment [Member] \| Multifamily [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	0
Residential Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, nonaccrual with no allowance	0	34
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	34
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	0	0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, nonaccrual with no allowance	0	0
Loans receivable, nonaccrual with allowance	0	0
Loans receivable, nonaccrual	$ 0	$ 0

Note 2 - Loans Receivable - Mat

Note 2 - Loans Receivable - Maturities of Loans (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Loans receivable, less than one year	$ 749,000	$ 935,000
Loans receivable, one to five years	431,000	411,000
Loans receivable, six to ten years	4,472,000	3,869,000
Loans receivable, more than ten years	25,202,000	26,824,000
Loans receivable, before allowance and fee	30,854,147	32,039,004
Real Estate Loan [Member]
Loans receivable, less than one year	749,000	609,000
Loans receivable, one to five years	431,000	411,000
Loans receivable, six to ten years	4,472,000	3,869,000
Loans receivable, more than ten years	24,898,000	26,824,000
Loans receivable, before allowance and fee	30,550,474	31,713,417
Share Loans [Member]
Loans receivable, less than one year	0	326,000
Loans receivable, one to five years	0	0
Loans receivable, six to ten years	0	0
Loans receivable, more than ten years	304,000	0
Loans receivable, before allowance and fee	303,673	325,587
Residential Portfolio Segment [Member] \| Home Equity Loan [Member]
Loans receivable, less than one year	727,000	575,000
Loans receivable, one to five years	0	0
Loans receivable, six to ten years	0	0
Loans receivable, more than ten years	0	0
Loans receivable, before allowance and fee	727,000	575,000
Residential Portfolio Segment [Member] \| Land [Member]
Loans receivable, less than one year	0	34,000
Loans receivable, one to five years	22,000	30,000
Loans receivable, six to ten years	211,000	24,000
Loans receivable, more than ten years	56,000	59,000
Loans receivable, before allowance and fee	289,000	147,000
Residential Portfolio Segment [Member] \| Multifamily [Member]
Loans receivable, less than one year	0	0
Loans receivable, one to five years	0	0
Loans receivable, six to ten years	0	0
Loans receivable, more than ten years	292,000	302,000
Loans receivable, before allowance and fee	292,000	302,000
Residential Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, less than one year	22,000	0
Loans receivable, one to five years	327,000	280,000
Loans receivable, six to ten years	3,719,000	3,239,000
Loans receivable, more than ten years	24,550,000	26,445,000
Loans receivable, before allowance and fee	28,618,000	29,964,000
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, less than one year	749,000	609,000
Loans receivable, one to five years	349,000	310,000
Loans receivable, six to ten years	3,930,000	3,263,000
Loans receivable, more than ten years	24,898,000	26,806,000
Loans receivable, before allowance and fee	29,926,433	30,988,366
Construction Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, before allowance and fee	0	0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, less than one year	0	0
Loans receivable, one to five years	0	0
Loans receivable, six to ten years	0	0
Loans receivable, more than ten years	0	18,000
Loans receivable, before allowance and fee	0	18,400
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, before allowance and fee	624,000	707,000
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, less than one year	0	0
Loans receivable, one to five years	82,000	101,000
Loans receivable, six to ten years	542,000	606,000
Loans receivable, more than ten years	0	0
Loans receivable, before allowance and fee	$ 624,041	$ 706,651

Note 2 - Loans Receivable - Cre

Note 2 - Loans Receivable - Credit Quality Indicators (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Loans receivable, before allowance and fee	$ 30,854,147		$ 32,039,004
Financing receivable, originated current year	686,000		1,377,000
Financing receivable, originated year two	2,021,000		5,581,000
Financing receivable, originated year three	5,455,000		5,430,000
Financing receivable, originated year four	5,247,000		4,764,000
Financing receivable, originated year five	4,051,000		1,771,000
Financing receivable, originated prior	13,394,000		13,116,000
Financing receivable, originated current year, write offs	0		0
Financing receivable, originated year two, write offs	0		0
Financing receivable, originated year three, write offs	0		0
Financing receivable, originated year four, write offs	0		0
Financing receivable, originated year five, write offs	0		0
Financing receivable, originated prior, write offs	15,000		0
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	15,000	$ 0	0
Pass [Member]
Loans receivable, before allowance and fee	30,854,000		32,005,000
Financing receivable, originated current year	686,000		1,377,000
Financing receivable, originated year two	2,021,000		5,581,000
Financing receivable, originated year three	5,455,000		5,430,000
Financing receivable, originated year four	5,247,000		4,764,000
Financing receivable, originated year five	4,051,000		1,771,000
Financing receivable, originated prior	13,394,000		13,082,000
Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Substandard [Member]
Loans receivable, before allowance and fee	0		34,000
Doubtful [Member]
Loans receivable, before allowance and fee	0		0
Classified [Member]
Loans receivable, before allowance and fee	0		34,000
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		34,000
Real Estate Loan [Member]
Loans receivable, before allowance and fee	30,550,474		31,713,417
Share Loans [Member]
Loans receivable, before allowance and fee	303,673		325,587
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		212,000
Financing receivable, originated year three	194,000		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		50,000
Financing receivable, originated prior	110,000		64,000
Financing receivable, originated current year, write offs	0		0
Financing receivable, originated year two, write offs	0		0
Financing receivable, originated year three, write offs	0		0
Financing receivable, originated year four, write offs	0		0
Financing receivable, originated year five, write offs	0		0
Financing receivable, originated prior, write offs	0		0
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	0		0
Share Loans [Member] \| Pass [Member]
Loans receivable, before allowance and fee	304,000		326,000
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		212,000
Financing receivable, originated year three	194,000		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		50,000
Financing receivable, originated prior	110,000		64,000
Share Loans [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Share Loans [Member] \| Substandard [Member]
Loans receivable, before allowance and fee	0		0
Share Loans [Member] \| Doubtful [Member]
Loans receivable, before allowance and fee	0		0
Share Loans [Member] \| Classified [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	29,926,433		30,988,366
Financing receivable, originated current year	686,000		1,358,000
Financing receivable, originated year two	2,021,000		5,369,000
Financing receivable, originated year three	5,261,000		5,430,000
Financing receivable, originated year four	5,247,000		4,764,000
Financing receivable, originated year five	4,051,000		1,721,000
Financing receivable, originated prior	12,660,000		12,346,000
Financing receivable, originated current year, write offs	0		0
Financing receivable, originated year two, write offs	0		0
Financing receivable, originated year three, write offs	0		0
Financing receivable, originated year four, write offs	0		0
Financing receivable, originated year five, write offs	0		0
Financing receivable, originated prior, write offs	15,000		0
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	15,000		0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Pass [Member]
Loans receivable, before allowance and fee	29,926,000		30,954,000
Financing receivable, originated current year	686,000		1,358,000
Financing receivable, originated year two	2,021,000		5,369,000
Financing receivable, originated year three	5,261,000		5,430,000
Financing receivable, originated year four	5,247,000		4,764,000
Financing receivable, originated year five	4,051,000		1,721,000
Financing receivable, originated prior	12,660,000		12,312,000
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Substandard [Member]
Loans receivable, before allowance and fee	0		34,000
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Doubtful [Member]
Loans receivable, before allowance and fee	0		0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member] \| Classified [Member]
Loans receivable, before allowance and fee	0		34,000
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		34,000
Residential Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, before allowance and fee	28,618,000		29,964,000
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	0		18,400
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	0		0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Pass [Member]
Loans receivable, before allowance and fee	0		18,000
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Substandard [Member]
Loans receivable, before allowance and fee	0		0
Construction Portfolio Segment [Member] \| Real Estate Loan [Member] \| Doubtful [Member]
Loans receivable, before allowance and fee	0		0
Construction Portfolio Segment [Member] \| One to Four Family [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Financing receivable, originated current year, write offs	0		0
Financing receivable, originated year two, write offs	0		0
Financing receivable, originated year three, write offs	0		0
Financing receivable, originated year four, write offs	0		0
Financing receivable, originated year five, write offs	0		0
Financing receivable, originated prior, write offs	0		0
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	0		0
Construction Portfolio Segment [Member] \| One to Four Family [Member] \| Pass [Member]
Loans receivable, before allowance and fee	0		18,000
Financing receivable, originated current year	0		18,000
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Construction Portfolio Segment [Member] \| One to Four Family [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Construction Portfolio Segment [Member] \| One to Four Family [Member] \| Classified [Member]
Loans receivable, before allowance and fee	0		18,000
Financing receivable, originated current year	0		18,000
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, before allowance and fee	624,000		707,000
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	624,000		707,000
Financing receivable, originated current year, write offs	0		0
Financing receivable, originated year two, write offs	0		0
Financing receivable, originated year three, write offs	0		0
Financing receivable, originated year four, write offs	0		0
Financing receivable, originated year five, write offs	0		0
Financing receivable, originated prior, write offs	0		0
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff	0		0
Commercial Real Estate Portfolio Segment [Member] \| Pass [Member]
Loans receivable, before allowance and fee	624,000		707,000
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	624,000		707,000
Commercial Real Estate Portfolio Segment [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Commercial Real Estate Portfolio Segment [Member] \| Classified [Member]
Loans receivable, before allowance and fee	0		0
Financing receivable, originated current year	0		0
Financing receivable, originated year two	0		0
Financing receivable, originated year three	0		0
Financing receivable, originated year four	0		0
Financing receivable, originated year five	0		0
Financing receivable, originated prior	0		0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member]
Loans receivable, before allowance and fee	624,041		706,651
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Pass [Member]
Loans receivable, before allowance and fee	624,000		707,000
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Special Mention [Member]
Loans receivable, before allowance and fee	0		0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Substandard [Member]
Loans receivable, before allowance and fee	0		0
Commercial Real Estate Portfolio Segment [Member] \| Real Estate Loan [Member] \| Doubtful [Member]
Loans receivable, before allowance and fee	$ 0		$ 0

Note 2 - Loans Receivable - All

Note 2 - Loans Receivable - Allowance for Credit Losses (Details) - USD ($)	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Beginning Balance	$ 200,000	$ 200,000	$ 200,000
Charge-offs	(15,000)	0	0
Recoveries	0		0
Provision for credit losses	0		0
Ending Balances	185,408		200,000
Individually Evaluated for Impairment	0		0
Collectively Evaluated for Impairment	185,000		200,000
Share Loans [Member]
Beginning Balance	0	0	0
Charge-offs	0		0
Recoveries	0		0
Provision for credit losses	0		0
Ending Balances	0		0
Individually Evaluated for Impairment	0		0
Collectively Evaluated for Impairment	0		0
Residential Portfolio Segment [Member] \| Real Estate Loan [Member]
Beginning Balance	175,000	198,000	198,000
Charge-offs	(15,000)		0
Recoveries	0		0
Provision for credit losses	15,000		(23,000)
Ending Balances	175,000		175,000
Individually Evaluated for Impairment	0		0
Collectively Evaluated for Impairment	175,000		175,000
Construction Portfolio Segment [Member] \| Real Estate Loan [Member]
Beginning Balance	15,000	2,000	2,000
Charge-offs	0		0
Recoveries	0		0
Provision for credit losses	(15,000)		13,000
Ending Balances	0		15,000
Individually Evaluated for Impairment	0		0
Collectively Evaluated for Impairment	0		15,000
Commercial Real Estate Portfolio Segment [Member]
Beginning Balance	10,000	$ 0	0
Charge-offs	0		0
Recoveries	0		0
Provision for credit losses	0		10,000
Ending Balances	10,000		10,000
Individually Evaluated for Impairment	0		0
Collectively Evaluated for Impairment	$ 10,000		$ 10,000

Note 2 - Loans Receivable - Rel

Note 2 - Loans Receivable - Related Party Loans (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Balance, Beginning	$ 914,683	$ 850,993
Additions	425,175	127,128
Payments	(40,504)	(63,438)
Balance, Ending	$ 1,299,354	$ 914,683

Note 3 - Deposits (Details Text

Note 3 - Deposits (Details Textual)	9 Months Ended	12 Months Ended
Note 3 - Deposits (Details Textual)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023
Time Deposits, at or Above FDIC Insurance Limit	$ 1,654,951	$ 1,593,144
Weighted Average Rate Domestic Deposit, Notice of Withdrawal	0.11%		0.11%
Weighted Average Rate Domestic Deposit, Savings	0.01%		0.01%
Weighted Average Rate Domestic Deposit, Certificates of Deposit	3.86%		2.20%
Customer Concentration Risk [Member] \| Deposits Liabilities [Member]
Number of Major Customers	1	1
Customer Concentration Risk [Member] \| Deposits Liabilities [Member] \| One Customer [Member]
Concentration Risk, Percentage	22%	23%
Board of Directors and Officers [Member]
Related Party Deposit Liabilities	$ 4,820,328	$ 4,215,553

Note 3 - Deposits - Schedule of

Note 3 - Deposits - Schedule of Deposit Liabilities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Now Accounts, interest rate	0.11%		0.11%
Now Accounts	$ 7,956,713	$ 8,528,352
Passbook Accounts, interest rate	0.01%		0.01%
Passbook Accounts	$ 2,198,209	2,797,529
Deposits, Savings and Negotiable Order of Withdrawal (NOW)	$ 10,154,922	11,325,881
Certificates of Deposit, interest rate	3.86%		2.20%
Certificates of Deposit	$ 10,203,704	9,530,217
Deposits	20,358,626	20,856,098
Certificates of Deposit Interest Rate From 0.00 to 0.99% [Member]
Certificates of Deposit	1,587,222	3,802,746
Certificates of Deposit Interest Rate From 1.00 to 1.99% [Member]
Certificates of Deposit	248,000	248,512
Certificates of Deposit Interest Rate From 2.00 to 2.99% [Member]
Certificates of Deposit	0	0
Certificates of Deposit Interest Rate From 3.00 to 3.99% [Member]
Certificates of Deposit	4,147,482	3,306,302
Certificates of Deposit Interest Rate From 4.00 to 4.99% [Member]
Certificates of Deposit	996,000	436,657
Certificates of Deposit Interest Rate From 5.00 to 5.99% [Member]
Certificates of Deposit	$ 3,225,000	$ 1,736,000
Minimum [Member]
Now Accounts, interest rate	0%
Minimum [Member] \| Certificates of Deposit Interest Rate From 0.00 to 0.99% [Member]
Certificates of Deposit, interest rate	0%
Minimum [Member] \| Certificates of Deposit Interest Rate From 1.00 to 1.99% [Member]
Certificates of Deposit, interest rate	1%
Minimum [Member] \| Certificates of Deposit Interest Rate From 2.00 to 2.99% [Member]
Certificates of Deposit, interest rate	2%
Minimum [Member] \| Certificates of Deposit Interest Rate From 3.00 to 3.99% [Member]
Certificates of Deposit, interest rate	3%
Minimum [Member] \| Certificates of Deposit Interest Rate From 4.00 to 4.99% [Member]
Certificates of Deposit, interest rate	4%
Minimum [Member] \| Certificates of Deposit Interest Rate From 5.00 to 5.99% [Member]
Certificates of Deposit, interest rate	5%
Maximum [Member]
Now Accounts, interest rate	0.20%
Maximum [Member] \| Certificates of Deposit Interest Rate From 0.00 to 0.99% [Member]
Certificates of Deposit, interest rate	0.99%
Maximum [Member] \| Certificates of Deposit Interest Rate From 1.00 to 1.99% [Member]
Certificates of Deposit, interest rate	1.99%
Maximum [Member] \| Certificates of Deposit Interest Rate From 2.00 to 2.99% [Member]
Certificates of Deposit, interest rate	2.99%
Maximum [Member] \| Certificates of Deposit Interest Rate From 3.00 to 3.99% [Member]
Certificates of Deposit, interest rate	3.99%
Maximum [Member] \| Certificates of Deposit Interest Rate From 4.00 to 4.99% [Member]
Certificates of Deposit, interest rate	4.99%
Maximum [Member] \| Certificates of Deposit Interest Rate From 5.00 to 5.99% [Member]
Certificates of Deposit, interest rate	5.99%

Note 3 - Deposits - Schedule _2

Note 3 - Deposits - Schedule of Time Deposit Maturities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Within 12 months	$ 9,668,698	$ 6,986,923
Within 12 months, percentage	94.76%	73.31%
13 months - 24 months	$ 480,829	$ 2,434,595
13 months - 24 months, percentage	4.71%	25.55%
25 months - 36 months	$ 44,464	$ 104,134
25 months - 36 months, percentage	0.44%	1.09%
37 months - 48 months	$ 1,004	$ 4,565
37 months - 48 months, percentage	0.01%	0.05%
49 months - 60 months	$ 8,709	$ 0
49 months - 60 months, percentage	0.08%	0%
Total	$ 10,203,704	$ 9,530,217
Total, percentage	100%	100%

Note 3 - Deposits - Schedule _3

Note 3 - Deposits - Schedule of Interest Expense on Deposits (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Now Accounts	$ 7,118	$ 8,171
Passbook Accounts	192	231
Certificates of Deposit	257,965	72,063
Total	$ 265,275	$ 80,465
Weighted Average Interest Rate	1.73%	0.47%

Note 4 - Advances From Federa_2

Note 4 - Advances From Federal Home Loan Bank (FHLB) (Details Textual) $ in Millions	9 Months Ended
	Sep. 30, 2024 USD ($)
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 12.3
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds	12.3
Proceeds from FHLBank Borrowings, Financing Activities	3.2
Payments of FHLBank Borrowings, Financing Activities	$ 3.2

Note 5 - Regulatory Matters - S

Note 5 - Regulatory Matters - Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations (Details) $ in Thousands		Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Banking Regulation, Tier 1 Leverage Capital, Actual	[1]	$ 13,956	$ 14,016
Tier 1 Leverage Ratio, Ratio	[1]	0.3898	0.384
Banking Regulation, Tier 1 Leverage Capital, Capital Adequacy, Minimum	[1]	$ 1,432	$ 1,459
Banking Regulation, Tier 1 Leverage Capital Ratio, Capital Adequacy, Minimum	[1]	0.04	0.04
Banking Regulation, Tier 1 Leverage Capital, Well Capitalized, Minimum	[1]	$ 1,790	$ 1,824
Banking Regulation, Tier 1 Leverage Capital Ratio, Well Capitalized, Minimum	[1]	0.05	0.05
Common Equity Tier 1 Risk-Based Capital Ratio, Amount	[2]	$ 13,956	$ 14,016
Common Equity Tier 1 Risk-Based Capital Ratio, Ratio	[2]	0.7261	0.7299
Banking Regulation, Common Equity Tier 1 Risk-Based Capital, Capital Adequacy, Minimum	[2]	$ 865	$ 864
Banking Regulation, Common Equity Tier 1 Risk-Based Capital Ratio, Capital Adequacy, Minimum	[2]	0.045	0.045
Banking Regulation, Common Equity Tier 1 Risk-Based Capital, Well Capitalized, Minimum	[2]	$ 1,249	$ 1,247
Banking Regulation, Common Equity Tier 1 Risk-Based Capital Ratio, Well Capitalized, Minimum	[2]	0.065	0.065
Banking Regulation, Tier 1 Risk-Based Capital, Actual	[2]	$ 13,956	$ 14,016
Tier 1 Risk-Based Capital Ratio, Ratio	[2]	0.7261	0.7299
Banking Regulation, Tier 1 Risk-Based Capital, Capital Adequacy, Minimum	[2]	$ 1,153	$ 1,151
Banking Regulation, Tier 1 Risk-Based Capital Ratio, Capital Adequacy, Minimum	[2]	0.06	0.06
Banking Regulation, Tier 1 Risk-Based Capital, Well Capitalized, Minimum	[2]	$ 1,538	$ 1,535
Banking Regulation, Tier 1 Risk-Based Capital Ratio, Well Capitalized, Minimum	[2]	0.08	0.08
Total Risk-Based Capital Ratio, Amount	[2]	$ 14,141	$ 14,216
Total Risk-Based Capital Ratio, Ratio	[2]	0.7357	0.7403
Banking Regulation, Total Risk-Based Capital, Capital Adequacy, Minimum	[2]	$ 1,538	$ 1,535
Banking Regulation, Total Risk-Based Capital Ratio, Capital Adequacy, Minimum	[2]	0.08	0.08
Banking Regulation, Total Risk-Based Capital, Well Capitalized, Minimum	[2]	$ 1,922	$ 1,919
Banking Regulation, Total Risk-Based Capital Ratio, Well Capitalized, Minimum	[2]	0.10	0.10

[1]Amounts and ratios to adjusted total assets.[2]Amounts and ratios to total risk weighted assets.

Note 6 - Fair Value Measures -

Note 6 - Fair Value Measures - Summary of Assets and Liabilities Measured on a Non-recurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Total	$ 0	$ 34
Collateral Pledged [Member]
Collateral dependent loan	0	34
Fair Value, Inputs, Level 1 [Member]
Total	0	0
Fair Value, Inputs, Level 1 [Member] \| Collateral Pledged [Member]
Collateral dependent loan	0	0
Fair Value, Inputs, Level 2 [Member]
Total	0	0
Fair Value, Inputs, Level 2 [Member] \| Collateral Pledged [Member]
Collateral dependent loan	0	0
Fair Value, Inputs, Level 3 [Member]
Total	0	34
Fair Value, Inputs, Level 3 [Member] \| Collateral Pledged [Member]
Collateral dependent loan	$ 0	$ 34

Note 6 - Fair Value Measures _2

Note 6 - Fair Value Measures - Summary of Fair Value by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Reported Value Measurement [Member]
Cash and cash equivalents	$ 1,613	$ 1,694
FHLB stock	347	333
Loans receivable, net	30,807	31,981
Deposits	20,359	20,856
Advances, short-term	0	500
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	1,613	1,694
FHLB stock	0	0
Loans receivable, net	0	0
Deposits	0	0
Advances, short-term	0	500
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents	0	0
FHLB stock	347	333
Loans receivable, net	0	0
Deposits	0	0
Advances, short-term	0	0
Estimate of Fair Value Measurement [Member] \| Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents	0	0
FHLB stock	0	0
Loans receivable, net	29,600	30,309
Deposits	18,707	18,787
Advances, short-term	$ 0	$ 0

Note 7 - Plan of Conversion (De

Note 7 - Plan of Conversion (Details Textual) - USD ($)	Oct. 01, 2024	Feb. 01, 2024	Sep. 30, 2024	Dec. 31, 2023
Common Stock, Par or Stated Value Per Share (in dollars per share)		$ 10
Employee Stock Ownership Plan (ESOP), Percentage of Common Stock Sold, Maximum		8%
Subsequent Event [Member]
Deferred Conversion Costs Incurred	$ 157,399
Other Assets [Member]
Deferred Conversion Cost			$ 619,069	$ 61,000