HMN Financial (HMNF) 10-Q 7 May 24 2024 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2024	Apr. 29, 2024
Document Information [Line Items]
Entity Central Index Key	0000921183
Entity Registrant Name	HMN FINANCIAL INC
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	0-24100
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-1777397
Entity Address, Address Line One	1016 Civic Center Drive N.W.
Entity Address, City or Town	Rochester
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55901
City Area Code	507
Local Phone Number	535-1200
Title of 12(b) Security	Common Stock
Trading Symbol	HMNF
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,464,952

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 50,230	$ 11,151
Securities available for sale (at fair value)	206,609	215,094
Loans held for sale	4,146	1,006
Loans receivable, net	856,560	845,692
Accrued interest receivable	3,674	3,553
Mortgage servicing rights, net	2,631	2,709
Premises and equipment, net	15,775	15,995
Goodwill	802	802
Prepaid expenses and other assets	3,614	3,962
Deferred tax asset, net	7,174	7,171
Total assets	1,151,215	1,107,135
Liabilities and Stockholders’ Equity
Deposits	1,030,918	976,793
Federal Home Loan Bank advances and other borrowings	0	13,200
Accrued interest payable	3,730	2,399
Customer escrows	3,425	2,246
Accrued expenses and other liabilities	4,318	4,790
Total liabilities	1,042,391	999,428
Commitments and contingencies
Stockholders’ equity:
Serial preferred stock ($.01 par value):authorized 500,000 shares; issued 0	0	0
Common stock ($.01 par value): authorized 16,000,000 shares; issued 9,128,662 outstanding 4,462,555 and 4,457,905	91	91
Additional paid-in capital	41,232	41,235
Retained earnings, subject to certain restrictions	143,248	142,278
Accumulated other comprehensive loss	(13,199)	(13,191)
Unearned employee stock ownership plan shares	(821)	(870)
Treasury stock, at cost 4,666,107 and 4,670,757 shares	(61,727)	(61,836)
Total stockholders’ equity	108,824	107,707
Total liabilities and stockholders’ equity	1,151,215	1,107,135
Collateralized Mortgage-Backed Securities [Member]
Assets
Securities available for sale (at fair value)	152,759	161,414
Other Debt Obligations [Member]
Assets
Securities available for sale (at fair value)	$ 53,850	$ 53,680

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available for sale, amortized cost	$ 225,005	$ 233,478
Serial-preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Serial-preferred stock, shares authorized (in shares)	500,000	500,000
Serial-preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	16,000,000	16,000,000
Common stock, shares issued (in shares)	9,128,662	9,128,662
Common Stock, Shares, Outstanding (in shares)	4,462,555	4,457,905
Treasury stock, common, share (in shares)	4,666,107	4,670,757
Collateralized Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	$ 170,784	$ 179,366
Other Debt Obligations [Member]
Securities available for sale, amortized cost	$ 54,221	$ 54,112

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans receivable		$ 10,686	$ 9,003
Securities available for sale:
Mortgage-backed and related		514	652
Other marketable		409	143
Other		390	115
Total interest income		11,999	9,913
Interest expense:
Deposits		4,740	1,803
Customer escrows		0	32
Advances and other borrowings		3	15
Total interest expense		4,743	1,850
Net interest income		7,256	8,063
Provision for credit losses	[1]	(209)	(8)
Net interest income after provision for credit losses		7,465	8,071
Non-interest income:
Gain on sales of loans		294	295
Other		493	426
Total non-interest income		1,907	1,928
Non-interest expense:
Compensation and benefits		4,697	4,805
Occupancy and equipment		852	950
Data processing		535	505
Professional services		321	237
Other		1,146	1,196
Total non-interest expense		7,551	7,693
Income before income tax expense		1,821	2,306
Income tax expense		503	672
Net income		1,318	1,634
Other comprehensive income (loss), net of tax		(8)	2,246
Comprehensive income available to common shareholders		$ 1,310	$ 3,880
Basic earnings per share (in dollars per share)		$ 0.3	$ 0.38
Diluted earnings per share (in dollars per share)		$ 0.3	$ 0.37
Financial Service [Member]
Non-interest income:
Revenue from Contract with Customer		$ 732	$ 807
Bank Servicing [Member]
Non-interest income:
Revenue from Contract with Customer		$ 388	$ 400
[1]The Company adopted Accounting Standard Update (ASU) 2016-13 as of January 1, 2023. The 2022 amount presented is calculated under the prior accounting standard.

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Unearned Employee Stock Ownership Plan Shares [Member]	Treasury Stock, Common [Member]	Total
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022	$ (830)	$ (830)
Balance at Dec. 31, 2022			$ 91	$ 41,013	$ 138,409	$ (19,761)	$ (1,063)	$ (61,353)	$ 97,336
Net income					1,634				1,634
Other comprehensive loss						2,246			2,246
Dividends paid to stockholders					(261)				(261)
Restricted stock awards				(150)				150	0
Stock awards withheld for tax withholding								(64)	(64)
Amortization of restricted stock awards				54					54
Earned employee stock ownership plan shares				58			49		107
Balance at Mar. 31, 2023			91	40,975	138,952	(17,515)	(1,014)	(61,267)	100,222
Balance at Dec. 31, 2023			91	41,235	142,278	(13,191)	(870)	(61,836)	107,707
Net income					1,318				1,318
Other comprehensive loss						(8)			(8)
Dividends paid to stockholders					(348)				(348)
Restricted stock awards				(110)				110	0
Stock awards withheld for tax withholding								(1)	(1)
Amortization of restricted stock awards				49					49
Earned employee stock ownership plan shares				58			49		107
Balance at Mar. 31, 2024			$ 91	$ 41,232	$ 143,248	$ (13,199)	$ (821)	$ (61,727)	$ 108,824

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Common Stock, Dividends, Per Share, Cash Paid (in dollars per share)	$ 0.08	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net income		$ 1,318	$ 1,634
Adjustments to reconcile net income to cash provided (used) by operating activities:
Provision for credit losses	[1]	(209)	(8)
Depreciation		271	282
Amortization of premiums, net		72	194
Amortization of deferred loan fees		(25)	(60)
Amortization of mortgage servicing rights and servicing costs		208	199
Capitalized mortgage servicing rights		(130)	(91)
Gains recognized on equity securities, net		(11)	(41)
Gains on sale of premises and equipment		0	(1)
Gain on sales of loans		(294)	(295)
Proceeds from sale of loans held for sale		15,173	11,300
Disbursements on loans held for sale		(15,552)	(9,718)
Amortization of restricted stock awards		49	54
Amortization of unearned Employee Stock Ownership Plan shares		49	49
Earned Employee Stock Ownership Plan shares priced above original cost		58	58
Increase in accrued interest receivable		(121)	(196)
Increase in accrued interest payable		1,331	751
(Increase) decrease in other assets		(252)	283
Decrease in other liabilities		(462)	(5,399)
Other, net		2	0
Net cash provided (used) by operating activities		1,475	(1,005)
Cash flows from investing activities:
Principal collected on securities available for sale		8,400	8,976
Proceeds collected on maturities of securities available for sale		15,000	0
Purchases of securities available for sale		(15,000)	0
Purchase of Federal Home Loan Bank stock		(7)	(1,546)
Redemption of Federal Home Loan Bank stock		594	1,421
Net increase in loans receivable		(13,086)	(10,437)
Proceeds from sale of premises		0	35
Purchases of premises and equipment		(52)	(291)
Net cash used by investing activities		(4,151)	(1,842)
Cash flows from financing activities:
Increase (decrease) in deposits		54,125	(23,608)
Stock awards withheld for tax withholding		(1)	(64)
Dividends to stockholders		(348)	(261)
Proceeds from borrowings		0	37,820
Repayment of borrowings		(13,200)	(35,520)
Increase (decrease) in customer escrows		1,179	(1,659)
Net cash provided (used) by financing activities		41,755	(23,292)
Increase (decrease) in cash and cash equivalents		39,079	(26,139)
Cash and cash equivalents, beginning of period		11,151	36,259
Cash and cash equivalents, end of period		50,230	10,120
Supplemental cash flow disclosures:
Cash paid for interest		3,411	1,099
Cash paid for income taxes		813	0
Supplemental noncash flow disclosures:
Loans transferred to loans held for sale		$ 2,452	$ 555
[1]The Company adopted Accounting Standard Update (ASU) 2016-13 as of January 1, 2023. The 2022 amount presented is calculated under the prior accounting standard.

Note 1 - Description of the Bus

Note 1 - Description of the Business and Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	( 1 Description of the Business and Summary of Significant Accounting Policies HMN Financial, Inc. (HMN or the Company) is a stock savings bank holding company that owns 100 percent of Home Federal Savings Bank (the Bank). The Bank has a community banking philosophy and operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank has two The consolidated financial statements included herein are for HMN, the Bank, OIA and HPH. All significant intercompany accounts and transactions have been eliminated in consolidation.

Note 2 - Basis of Preparation

Note 2 - Basis of Preparation	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Basis of Accounting [Text Block]	( 2 Basis of Preparation The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10 not The unaudited consolidated financial statements presented in this report should be read in conjunction with the audited consolidated financial statements and the accompanying notes for the year ended December 31, 2023, 10 March 19, 2024. three March 31, 2024 not may The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form 10

Note 3 - New Accounting Standar

Note 3 - New Accounting Standards	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	( 3 New Accounting Standards In December 2023, 2023 09, Income Taxes (Topic 740 Topic 740, December 15, 2024, December 31, 2025. In November 2023, 2023 07, Segment Reporting (Topic 280 Topic 280, not December 15, 2023, December 15, 2024, December 31, 2024.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	( 4 Fair Value Measurements ASC 820, Fair Value Measurements three Level 1 Level 2 not Level 3 not not The following table summarizes the assets and liabilities of the Company for which fair values are determined on a recurring basis as of March 31, 2024 December 31, 2023. Carrying Value at March 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 206,609 0 206,609 0 Equity securities 394 0 394 0 Commitments to extend credit (18 ) 0 (18 ) 0 Total $ 206,985 0 206,985 0 Carrying Value at December 31, 2023 Securities available for sale $ 215,094 0 215,094 0 Equity securities 382 0 382 0 Commitments to extend credit 7 0 7 0 Total $ 215,483 0 215,483 0 The Company may March 31, 2024 December 31, 2023. Carrying Value at March 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three Months Ended March 31, 2024 Total Gains Loans held for sale $ 4,146 0 4,146 0 10 Mortgage servicing rights, net 2,631 0 0 2,631 0 Collateral dependent loans 2,841 0 2,841 0 8 Total $ 9,618 0 6,987 2,631 18 Carrying Value at December 31, 2023 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year Ended December 31, 2023 Total Losses Loans held for sale $ 1,006 0 1,006 0 (26 ) Mortgage servicing rights, net 2,709 0 0 2,709 0 Collateral dependent loans 3,856 0 3,856 0 (287 ) Total $ 7,571 0 4,862 0 (313 )

Note 5 - Fair Value of Financia

Note 5 - Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Financial Instruments Disclosure [Text Block]	( 5 Fair Value of Financial Instruments ASC 825, Disclosures about Fair Values of Financial Instruments March 31, 2024 December 31, 2023 no The estimated fair value of the Company’s financial instruments as of March 31, 2024 December 31, 2023 March 31, 2024 December 31, 2023 Fair Value Hierarchy (Dollars in thousands) Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Carrying Amount Estimated Fair Value Contract Amount Financial assets: Cash and cash equivalents $ 50,230 50,230 50,230 11,151 11,151 Securities available for sale 206,609 206,609 206,609 215,094 215,094 Equity securities 394 394 394 382 382 Loans held for sale 4,146 4,146 4,146 1,006 1,006 Loans receivable, net 856,560 792,017 792,017 845,692 778,952 Federal Home Loan Bank stock 665 665 665 1,252 1,252 Accrued interest receivable 3,674 3,674 3,674 3,553 3,553 Mortgage servicing assets 2,631 6,536 6,536 2,709 6,539 Financial liabilities: Deposits 1,030,918 1,029,689 1,029,689 976,793 975,963 FHLB advances and other borrowings 0 0 0 13,200 13,200 Accrued interest payable 3,730 3,730 3,730 2,399 2,399 Off-balance sheet financial instruments: Commitments to extend credit (18 ) (18 ) 159,183 7 7 167,447 Commitments to sell loans (7 ) (7 ) 9,376 (17 ) (17 ) 3,078 Cash and Cash Equivalents The carrying amount of cash and cash equivalents approximates their fair value. Securities Available for Sale The fair values of securities were based upon quoted market prices for similar securities. The fair values measurements are subject to independent verification by another pricing source on a quarterly basis to review for reasonableness. Equity Securities The fair values of equity securities were based upon quoted market prices for similar securities. Loans Held for Sale The fair values of loans held for sale were based upon quoted market prices for loans with similar interest rates and terms to maturity. Loans Receivable The fair value of the loan portfolio, with the exception of the adjustable rate portfolio, was calculated by discounting the scheduled cash flows through the estimated maturity using anticipated prepayment speeds and using discount rates that reflect the credit and interest rate risk inherent in each loan portfolio. The fair value of the adjustable loan portfolio, with the exception of those loans that adjust on a daily basis, is estimated by grouping the loans with similar characteristics and comparing the characteristics of each group to the prices quoted for similar types of loans in the secondary market. Federal Home Loan Bank (FHLB) Stock The carrying amount of FHLB stock approximates its fair value. Accrued Interest Receivable The carrying amount of accrued interest receivable approximates its fair value since it is short-term in nature and does not Mortgage Servicing Assets The fair values of mortgage servicing assets were calculated by a third Deposits The fair value of demand deposits, savings accounts and certain money market account deposits is the amount payable on demand at the reporting date. The fair value of fixed maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities based on a discounted cash flow calculation. FHLB Advances and Other Borrowings The fair values of advances and borrowings with fixed maturities are estimated based on a discounted cash flow analysis using as discount rates the interest rates charged by the FHLB for borrowing of similar remaining terms. The carrying amount of overnight advances approximates their fair value. Accrued Interest Payable The carrying amount of accrued interest payable approximates its fair value since it is short-term in nature. Commitments to Extend Credit The fair values of commitments to extend credit are estimated using the fees normally charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counter parties. Commitments to Sell Loans The fair values of commitments to sell loans are estimated using the quoted market prices for loans with similar interest rates and terms to maturity.

Note 6 - Securities Available f

Note 6 - Securities Available for Sale	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 6 Securities Available For Sale The following table shows the gross unrealized losses and fair values for the securities available for sale portfolio, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2024 December 31, 2023. Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2024 Mortgage backed securities: Federal National Mortgage Association (FNMA) 0 $ 0 0 34 $ 82,474 (9,625 ) $ 82,474 (9,625 ) Federal Home Loan Mortgage Corporation (FHLMC) 0 0 0 24 70,254 (8,398 ) 70,254 (8,398 ) Collateralized mortgage obligations: FNMA 0 0 0 1 31 (2 ) 31 (2 ) Other marketable securities: U.S. Government agency obligations 5 24,874 (76 ) 4 19,679 (321 ) 44,553 (397 ) Total temporarily impaired securities 5 $ 24,874 (76 ) 63 $ 172,438 (18,346 ) $ 197,312 (18,422 ) Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2023 Mortgage backed securities: FNMA 0 $ 0 0 34 $ 87,133 (9,704 ) $ 87,133 (9,704 ) FHLMC 0 0 0 24 74,249 (8,246 ) 74,249 (8,246 ) Collateralized mortgage obligations: FNMA 0 0 0 1 32 (2 ) 32 (2 ) Other marketable securities: U.S. government agency obligations 1 5,000 (9 ) 7 34,456 (543 ) 39,456 (552 ) Total temporarily impaired securities 1 $ 5,000 (9 ) 66 $ 195,870 (18,495 ) $ 200,870 (18,504 ) The Company reviews its investment portfolio on a quarterly basis for indications of impairment due to credit-related factors or noncredit-related factors and the Company does not may As of March 31, 2024, not no no March 31, 2024. three March 31, 2024 March 31, 2023, no A summary of securities available for sale at March 31, 2024 December 31, 2023 (Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2024 Mortgage-backed securities: FNMA $ 92,099 0 (9,625 ) 82,474 FHLMC 78,652 0 (8,398 ) 70,254 Collateralized mortgage obligations: FNMA 33 0 (2 ) 31 170,784 0 (18,025 ) 152,759 Other marketable securities: U.S. Government agency obligations 54,221 26 (397 ) 53,850 54,221 26 (397 ) 53,850 $ 225,005 26 (18,422 ) 206,609 December 31, 2023 Mortgage-backed securities: FNMA $ 96,837 0 (9,704 ) 87,133 FHLMC 82,495 0 (8,246 ) 74,249 Collateralized mortgage obligations: FNMA 34 0 (2 ) 32 179,366 0 (17,952 ) 161,414 Other marketable securities: U.S. Government agency obligations 54,112 120 (552 ) 53,680 54,112 120 (552 ) 53,680 $ 233,478 120 (18,504 ) 215,094 The following table indicates amortized cost and estimated fair value of securities available for sale at March 31, 2024 (Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 64,284 60,418 Due after one year through five years 125,539 114,722 Due after five years through fifteen years 35,179 31,466 Due after fifteen years 3 3 Total $ 225,005 206,609 The allocation of mortgage-backed securities in the table above is based upon the anticipated future cash flow of the securities using estimated mortgage prepayment speeds. The allocation of other marketable securities that have call features is based on the anticipated cash flows to the expected call date if it is anticipated that the security will be called, or to the maturity date if it is not The Company made an accounting policy election to exclude accrued interest receivable from the amortized cost basis of securities available for sale. Accrued interest receivable on securities available for sale is reported as a component of accrued interest receivable on the consolidated balance sheet and totaled $0.5 million at both March 31, 2024 December 31, 2023 The Company had available for sale securities pledged as collateral for customer deposits in excess of the $250,000 March 31, 2024 December 31, 2023.

Note 7 - Other Comprehensive (L

Note 7 - Other Comprehensive (Loss) Income	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	( 7 Other Comprehensive (Loss) Income Other comprehensive (loss) income is defined as the change in equity during a period from transactions and other events from non-owner sources. Comprehensive (loss) income is the total of net income and other comprehensive income or loss, which for the Company is comprised of unrealized gains or losses on securities available for sale. The components of other comprehensive (loss) income and the related tax effects were as follows: For the period ended March 31, (Dollars in thousands) 2024 2023 Before Tax Tax Effect Net of Tax Before Tax Tax (1) Effect Net of Tax Securities available for sale: Unrealized (losses) gains arising during the period $ (12 ) (4 ) (8 ) 2,845 599 2,246 Other comprehensive (loss) income $ (12 ) (4 ) (8 ) 2,845 599 2,246 ( 1 The tax effect on gross unrealized (losses) gains was impacted by a change in the effective tax rate used in 2023

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	( 8 Loans Receivable, Net A summary of loans receivable at March 31, 2024 December 31, 2023 (Dollars in thousands) March 31, 2024 December 31, 2023 Single family $ 260,602 264,303 Commercial real estate: Real estate rental and leasing 276,751 271,531 Other 226,588 218,422 503,339 489,953 Consumer 41,110 42,734 Commercial business 63,679 61,118 Total loans 868,730 858,108 Less: Unamortized discounts 14 15 Net deferred loan fees 570 577 Allowance for credit losses 11,586 11,824 Total loans receivable, net $ 856,560 845,692

Note 9 - Allowance for Credit L

Note 9 - Allowance for Credit Losses and Credit Quality Information	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Allowance For Loan Losses And Credit Quality Information [Text Block]	( 9 Allowance for Credit Losses and Credit Quality Information The allowance for credit losses is summarized as follows: (Dollars in thousands) Single Family Commercial Real Estate Consumer Commercial Business Total Balance, December 31, 2023 $ 1,426 7,514 607 2,277 11,824 Provision for losses (181 ) (94 ) (111 ) 178 (208 ) Charge-offs (30 ) 0 0 0 (30 ) Recoveries 0 0 0 0 0 Balance, March 31, 2024 $ 1,215 7,420 496 2,455 11,586 Balance, December 31, 2022 $ 1,261 7,026 1,058 932 10,277 January 1, 2023 adoption of ASU 2016-13 (259 ) 512 (485 ) 1,302 1,070 Provision for losses (44 ) 23 46 (57 ) (32 ) Recoveries 1 0 1 25 27 Balance, March 31, 2023 $ 959 7,561 620 2,202 11,342 Allocated to: Individual reserves $ 28 0 103 297 428 Collective reserves 1,398 7,514 504 1,980 11,396 Balance, December 31, 2023 $ 1,426 7,514 607 2,277 11,824 Allocated to: Individual reserves $ 26 0 97 296 419 Collective reserves 1,189 7,420 399 2,159 11,167 Balance, March 31, 2024 $ 1,215 7,420 496 2,455 11,586 Loans receivable at December 31, 2023: Individually reviewed for impairment $ 979 668 425 2,212 4,284 Collectively reviewed for impairment 263,324 489,285 42,309 58,906 853,824 Ending balance $ 264,303 489,953 42,734 61,118 858,108 Loans receivable at March 31, 2024: Individually reviewed for impairment $ 958 636 382 1,284 3,260 Collectively reviewed for impairment 259,644 502,703 40,728 62,395 865,470 Ending balance $ 260,602 503,339 41,110 63,679 868,730 The Company adopted ASU 2016 13, Financial Instruments-Credit Losses (Topic 326 January 1, 2023, not Collateral dependent loans are those for which the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. These loans do not not not The Company made an accounting policy election to exclude accrued interest receivable from the amortized cost basis of loans. Accrued interest receivable on loans is reported as a component of accrued interest receivable on the consolidated balance sheet and totaled $3.2 million and $3.0 million at March 31, 2024 December 31, 2023, In addition to the ACL on loans, the Company has established an ACL on unfunded commitments that is included in other liabilities on the consolidated balance sheets. This reserve is maintained at a level that management believes is sufficient to absorb losses arising from unfunded loan commitments. This amount is determined quarterly based on an estimate of the outstanding commitments that are anticipated to be funded and multiplying those amounts by the loss rate for their loan category. The allowance for unfunded commitments was not March 31, 2024 March 31, 2023. The provision for credit losses is determined by the Company as the amount to be added to the ACL for various types of financial instruments including loans, investment securities, and off-balance sheet credit exposures after net charge-offs have been deducted to bring the ACL to a level that, in management’s judgment, is necessary to absorb expected credit losses over the lives of the respective financial instruments. No March 31, 2024 2023. The following table presents the components of the provision for credit losses for the first 2024 2023. Three months ended March 31, (Dollars in thousands) 2024 2023 Provision for credit losses on: Loans $ (208 ) (32 ) Unfunded commitments (1 ) 24 Total $ (209 ) (8 ) The following table presents total loans by risk categories and year of origination as of March 31, 2024: (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Total Single family Pass $ 2,823 80,466 56,798 61,380 32,958 24,686 0 259,111 Special Mention 0 0 0 0 0 0 0 0 Substandard 0 0 533 0 77 846 0 1,456 Doubtful 0 0 0 0 0 35 0 35 Loss 0 0 0 0 0 0 0 0 2,823 80,466 57,331 61,380 33,035 25,567 0 260,602 Current period gross charge-offs 0 0 0 0 0 30 0 30 Commercial Real Estate Pass 16,281 70,863 184,499 107,230 71,955 23,054 0 473,882 Special Mention 0 1,942 8,233 2,175 1,246 1,006 0 14,602 Substandard 0 462 347 910 10,948 2,188 0 14,855 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 16,281 73,267 193,079 110,315 84,149 26,248 0 503,339 Consumer Pass 3,663 7,483 6,698 1,391 1,800 6,676 13,020 40,731 Special Mention 19 0 0 0 0 0 0 19 Substandard 0 7 29 109 0 97 28 270 Doubtful 0 14 0 0 0 0 19 33 Loss 0 7 0 13 0 0 37 57 3,682 7,511 6,727 1,513 1,800 6,773 13,104 41,110 Commercial Business Pass 1,776 12,060 6,376 3,198 2,960 407 33,475 60,252 Special Mention 60 0 0 0 0 0 171 231 Substandard 0 1,274 441 142 94 31 1,214 3,196 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 1,836 13,334 6,817 3,340 3,054 438 34,860 63,679 Total Loans $ 24,622 174,578 263,954 176,548 122,038 59,026 47,964 868,730 The following table presents total loans by risk categories and year of origination as of December 31, 2023: (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Total Single family Unclassified $ 81,070 59,474 62,690 33,637 10,915 14,635 0 262,421 Special Mention 0 511 0 0 0 0 0 511 Substandard 64 546 0 79 182 462 0 1,333 Doubtful 0 0 0 0 24 14 0 38 Loss 0 0 0 0 0 0 0 0 81,134 60,531 62,690 33,716 11,121 15,111 0 264,303 Commercial Real Estate Unclassified 64,688 187,320 109,729 75,754 14,531 9,603 0 461,625 Special Mention 1,026 7,756 2,188 371 0 1,016 0 12,357 Substandard 2,225 388 292 10,867 637 1,562 0 15,971 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 67,939 195,464 112,209 86,992 15,168 12,181 0 489,953 Consumer Unclassified 9,913 7,583 1,606 1,870 2,369 4,778 14,170 42,289 Special Mention 20 0 0 0 0 0 0 20 Substandard 8 26 52 0 3 113 30 232 Doubtful 15 0 0 0 0 0 19 34 Loss 3 0 116 0 0 0 40 159 9,959 7,609 1,774 1,870 2,372 4,891 14,259 42,734 Current period gross charge-offs 0 1 0 0 0 49 0 50 Commercial Business Unclassified 12,404 6,967 3,539 3,317 217 288 30,160 56,892 Special Mention 0 0 0 0 0 0 0 0 Substandard 1,703 483 152 104 11 31 1,742 4,226 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 14,107 7,450 3,691 3,421 228 319 31,902 61,118 Current period gross charge offs 174 0 0 0 0 0 160 334 Total Loans $ 173,139 271,054 180,364 125,999 28,889 32,502 46,161 858,108 Credit Quality Indicators The Company categorized loans into risk categories based on relevant information about the ability of borrowers to service their debt. The information considered includes information, such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company established a risk rating at origination for all commercial real estate and commercial business loans and management monitors the loans on an ongoing basis for any changes in the borrower’s ability to service their debt. Management also affirms the risk ratings for these loans on an annual basis. Classified loans are categorized as special mention, substandard, doubtful, and loss. Loans classified as substandard, doubtful, or loss require the Bank to perform an analysis of the individual loan and charge off any loans, or portion thereof, that are deemed uncollectible. Loans not not The Company uses the following definitions for classifying loans: Special Mention - Loans classified as special mention are loans that have potential weaknesses that, if left uncorrected, may Substandard - not Doubtful - Loss - Loans classified as loss are essentially uncollateralized and/or considered uncollectible and of such little value that continuance as an asset on the balance sheet may not The aging of past due loans at March 31, 2024 December 31, 2023 (Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 Days or More Past Due and Still Accruing March 31, 2024 Single family $ 842 103 318 1,263 259,339 260,602 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 276,751 276,751 0 Other 0 619 0 619 225,969 226,588 0 Consumer 210 42 43 295 40,815 41,110 0 Commercial business 640 702 46 1,388 62,291 63,679 0 December 31, 2023 $ 1,692 1,466 407 3,565 865,165 868,730 0 Single family $ 453 71 363 887 263,416 264,303 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 271,531 271,531 0 Other 0 0 399 399 218,023 218,422 0 Consumer 361 92 57 510 42,224 42,734 0 Commercial business 0 309 812 1,121 59,997 61,118 0 $ 814 472 1,631 2,917 855,191 858,108 0 The Company considers a loan to have defaulted when it becomes 90 may The following table presents the carrying value of and related allowances for collateral dependent individually analyzed loans as of March 31, 2024 December 31, 2023: March 31, 2024 December 31, 2023 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance Loans with no related allowance recorded: Single family $ 744 744 0 758 758 0 Commercial real estate: Other 636 636 0 668 668 0 Consumer 269 269 0 306 306 0 Commercial business 22 22 0 0 0 0 Loans with an allowance recorded: Single family 214 214 26 221 221 28 Consumer 113 113 97 119 119 103 Commercial business 1,262 1,596 296 2,212 2,546 297 Total: Single family 958 958 26 979 979 28 Commercial real estate: Other (1) 636 636 0 668 668 0 Consumer (2) 382 382 97 425 425 103 Commercial business (3) 1,284 1,618 296 2,212 2,546 297 $ 3,260 3,594 419 4,284 4,618 428 ( 1 ( 2 second ( 3 At March 31, 2024 December 31, 2023, no March 31, 2024 December 31, 2023, The non-accrual loans at March 31, 2024 December 31, 2023 (Dollars in thousands) March 31, 2024 December 31, 2023 Single family $ 742 $ 762 Commercial real estate: Other 462 493 Consumer 334 376 Commercial business 1,262 2,187 $ 2,800 $ 3,818 The reduction in non-performing assets during the first 2024 two March 31, 2024 no December 31, 2023. The Company accounts for loan modifications in accordance with the guidance in Accounting Standards Codification ASC) Topic 326 not not The Company had no first 2024 2023. March 31, 2024, no March 31, 2024, no 12 months ended March 31, 2024

Note 10 - Intangible Assets

Note 10 - Intangible Assets	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	( 10 Intangible Assets The Company’s intangible assets consist of goodwill and mortgage servicing rights. A summary of mortgage servicing rights activity is as follows: (Dollars in thousands) Three Months Ended March 31, 2024 Twelve Months Ended December 31, 2023 Three Months Ended March 31, 2023 Balance, beginning of period $ 2,709 2,986 2,986 Originations 130 555 91 Amortization (208 ) (832 ) (199 ) Balance, end of period $ 2,631 2,709 2,878 Fair value of mortgage servicing rights $ 6,536 6,539 6,414 All of the loans sold where the Company continues to service the loans are serviced for FNMA under the individual loan sale program. The following is a summary of the risk characteristics of the loans being serviced for FNMA at March 31, 2024: Weighted Weighted Loan Average Average Principal Interest Remaining Number (Dollars in thousands) Balance Rate Term (months) of Loans Original term 15 year fixed rate $ 88,613 2.93 % 124 921 Original term 30 year fixed rate 445,698 3.93 302 2,662 Amortization expense for intangible assets was $0.2 million for the three March 31, 2024 2023. March 31, 2024 December 31, 2023 Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets March 31, 2024 Mortgage servicing rights $ 6,288 (3,657 ) 2,631 Goodwill 802 0 802 Total $ 7,090 (3,657 ) 3,433 December 31, 2023 Mortgage servicing rights $ 6,226 (3,517 ) 2,709 Goodwill 802 0 802 Total $ 7,028 (3,517 ) 3,511 The following table indicates the estimated future amortization expense for mortgage servicing rights: (Dollars in thousands) Mortgage Servicing Rights Year ending December 31, 2024 $ 550 2025 672 2026 580 2027 411 2028 234 Thereafter 184 Total $ 2,631 Projections of amortization are based on existing asset balances and the existing interest rate environment as of March 31, 2024. may No not may March 31, 2024 not no

Note 11 - Leases

Note 11 - Leases	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	( 11 Leases The Company accounts for its leases in accordance with ASC Topic 842. The Company’s leases relate to office space and bank branches with remaining lease terms between 5 and 44 months. Certain leases contain extension options which typically range from three ten not not March 31, 2024, three March 31, 2024 2023. The table below summarizes other information related to the Company’s operating leases: (Dollars in thousands) Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 58 55 Weighted-average remaining lease term – operating leases, in years 1.9 2.6 Weighted-average discount rate – operating leases 2.75 % 2.66 % The table below summarizes the maturity of remaining lease liabilities at March 31, 2024: (Dollars in thousands) March 31, 2024 2024 $ 154 2025 58 2026 27 2027 25 2028 0 Thereafter 0 Total lease payments 264 Less: Interest (8 ) Present value of lease liabilities $ 256

Note 12 - Earnings Per Common S

Note 12 - Earnings Per Common Share	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	( 12 Earnings per Common Share The following table reconciles the weighted average shares outstanding and the earnings available to common stockholders used for basic and diluted earnings per common share: Three Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2024 2023 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,343,720 4,338,922 Net dilutive effect of: Restricted stock awards and options 26,324 29,112 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,370,044 4,368,034 Income available to common stockholders $ 1,318 1,634 Basic earnings per common share $ 0.30 0.38 Diluted earnings per common share $ 0.30 0.37

Note 13 - Regulatory Capital an

Note 13 - Regulatory Capital and Oversight	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	( 13 Regulatory Capital and Oversight The Bank is subject to the Basel III regulatory capital requirements. The Basel III requirements, among other things, (i) apply a set of capital requirements to the Bank, including requirements relating to common equity as a component of core capital, (ii) implement a “capital conservation buffer” against risk and a higher minimum Tier 1 The Board of Governors of the Federal Reserve Bank in its Small Bank Holding Company Policy Statement (Policy Statement) has exempted small bank holding companies with assets less than $3 Quantitative measures established by regulations to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the following table and defined in the regulation) of common equity Tier 1 1 1 The Bank’s average total assets and adjusted total assets for the first 2024 March 31, 2024 Actual Required to be Adequately Capitalized Excess Capital To Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) March 31, 2024 Common equity Tier 1 capital $ 105,437 11.64 % $ 40,757 4.50 % $ 64,680 7.14 % $ 58,872 6.50 % Tier 1 leverage 105,437 9.18 45,957 4.00 59,480 5.18 57,446 5.00 Tier 1 risk-based capital 105,437 11.64 54,343 6.00 51,094 5.64 72,458 8.00 Total risk-based capital 116,762 12.89 72,458 8.00 44,304 4.89 90,572 10.00 ( 1 1 The Bank must maintain a capital conservation buffer of 2.50% composed of common equity Tier 1 March 31, 2024, no

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Equity [Text Block]	( 14 Stockholders Equity The Company did not first 2024. March 31, 2024, 8 March 6, 2024.

Note 15 - Commitments and Conti

Note 15 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	( 15 Commitments and Contingencies The Bank issues standby letters of credit which guarantee the performance of customers to third March 31, 2024 twenty-two may not From time to time, the Company is party to legal proceedings arising out of its lending and deposit operations. The Company is, and expects to become, engaged in foreclosure proceedings, collection actions, and other litigation as part of its normal banking activities. The Company examines each legal matter, and, in those situations where it determines that a particular legal matter presents loss contingencies that are both probable and reasonably estimable, establishes an appropriate accrual. In many situations, the Company is not not

Note 16 - Business Segments

Note 16 - Business Segments	3 Months Ended
	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	( 16 Business Segments The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. not The Company evaluates performance and allocates resources based on the segment’s net income, return on average assets and return on average equity. Each corporation is managed separately with its own officers and board of directors. The following table sets forth certain information about the reconciliations of reported profit and assets for each of the Company’s reportable segments. (Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the quarter ended March 31, 2024: Interest income - external customers $ 11,999 0 0 11,999 Non-interest income - external customers 1,907 0 0 1,907 Intersegment interest income 0 88 (88 ) 0 Intersegment non-interest income 71 1,432 (1,503 ) 0 Interest expense 4,831 0 (88 ) 4,743 Provision for credit losses (209 ) 0 0 (209 ) Non-interest expense 7,389 233 (71 ) 7,551 Income tax expense (benefit) 534 (31 ) 0 503 Net income 1,432 1,318 (1,432 ) 1,318 Total assets 1,151,160 108,945 (108,890 ) 1,151,215 At or for the quarter ended March 31, 2023: Interest income - external customers $ 9,913 0 0 9,913 Non-interest income - external customers 1,928 0 0 1,928 Intersegment interest income 0 64 (64 ) 0 Intersegment non-interest income 58 1,748 (1,806 ) 0 Interest expense 1,914 0 (64 ) 1,850 Provision for credit losses (8 ) 0 0 (8 ) Non-interest expense 7,542 209 (58 ) 7,693 Income tax expense (benefit) 703 (31 ) 0 672 Net income 1,748 1,634 (1,748 ) 1,634 Total assets 1,071,577 100,231 (100,226 ) 1,071,582

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	ITEM 5. Other Information. None 16a 1 10b5 1 10b5 1 408 March 31, 2024.
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Carrying Value at March 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Securities available for sale $ 206,609 0 206,609 0 Equity securities 394 0 394 0 Commitments to extend credit (18 ) 0 (18 ) 0 Total $ 206,985 0 206,985 0 Carrying Value at December 31, 2023 Securities available for sale $ 215,094 0 215,094 0 Equity securities 382 0 382 0 Commitments to extend credit 7 0 7 0 Total $ 215,483 0 215,483 0
Fair Value Measurements, Nonrecurring [Table Text Block]	Carrying Value at March 31, 2024 (Dollars in thousands) Total Level 1 Level 2 Level 3 Three Months Ended March 31, 2024 Total Gains Loans held for sale $ 4,146 0 4,146 0 10 Mortgage servicing rights, net 2,631 0 0 2,631 0 Collateral dependent loans 2,841 0 2,841 0 8 Total $ 9,618 0 6,987 2,631 18 Carrying Value at December 31, 2023 (Dollars in thousands) Total Level 1 Level 2 Level 3 Year Ended December 31, 2023 Total Losses Loans held for sale $ 1,006 0 1,006 0 (26 ) Mortgage servicing rights, net 2,709 0 0 2,709 0 Collateral dependent loans 3,856 0 3,856 0 (287 ) Total $ 7,571 0 4,862 0 (313 )

Note 5 - Fair Value of Financ_2

Note 5 - Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2024 December 31, 2023 Fair Value Hierarchy (Dollars in thousands) Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 Contract Amount Carrying Amount Estimated Fair Value Contract Amount Financial assets: Cash and cash equivalents $ 50,230 50,230 50,230 11,151 11,151 Securities available for sale 206,609 206,609 206,609 215,094 215,094 Equity securities 394 394 394 382 382 Loans held for sale 4,146 4,146 4,146 1,006 1,006 Loans receivable, net 856,560 792,017 792,017 845,692 778,952 Federal Home Loan Bank stock 665 665 665 1,252 1,252 Accrued interest receivable 3,674 3,674 3,674 3,553 3,553 Mortgage servicing assets 2,631 6,536 6,536 2,709 6,539 Financial liabilities: Deposits 1,030,918 1,029,689 1,029,689 976,793 975,963 FHLB advances and other borrowings 0 0 0 13,200 13,200 Accrued interest payable 3,730 3,730 3,730 2,399 2,399 Off-balance sheet financial instruments: Commitments to extend credit (18 ) (18 ) 159,183 7 7 167,447 Commitments to sell loans (7 ) (7 ) 9,376 (17 ) (17 ) 3,078

Note 6 - Securities Available_2

Note 6 - Securities Available for Sale (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Gain (Loss) on Securities [Table Text Block]	Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses March 31, 2024 Mortgage backed securities: Federal National Mortgage Association (FNMA) 0 $ 0 0 34 $ 82,474 (9,625 ) $ 82,474 (9,625 ) Federal Home Loan Mortgage Corporation (FHLMC) 0 0 0 24 70,254 (8,398 ) 70,254 (8,398 ) Collateralized mortgage obligations: FNMA 0 0 0 1 31 (2 ) 31 (2 ) Other marketable securities: U.S. Government agency obligations 5 24,874 (76 ) 4 19,679 (321 ) 44,553 (397 ) Total temporarily impaired securities 5 $ 24,874 (76 ) 63 $ 172,438 (18,346 ) $ 197,312 (18,422 ) Less Than Twelve Months Twelve Months or More Total (Dollars in thousands) # of Investments Fair Value Unrealized Losses # of Investments Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2023 Mortgage backed securities: FNMA 0 $ 0 0 34 $ 87,133 (9,704 ) $ 87,133 (9,704 ) FHLMC 0 0 0 24 74,249 (8,246 ) 74,249 (8,246 ) Collateralized mortgage obligations: FNMA 0 0 0 1 32 (2 ) 32 (2 ) Other marketable securities: U.S. government agency obligations 1 5,000 (9 ) 7 34,456 (543 ) 39,456 (552 ) Total temporarily impaired securities 1 $ 5,000 (9 ) 66 $ 195,870 (18,495 ) $ 200,870 (18,504 )
Debt Securities, Available-for-Sale [Table Text Block]	(Dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value March 31, 2024 Mortgage-backed securities: FNMA $ 92,099 0 (9,625 ) 82,474 FHLMC 78,652 0 (8,398 ) 70,254 Collateralized mortgage obligations: FNMA 33 0 (2 ) 31 170,784 0 (18,025 ) 152,759 Other marketable securities: U.S. Government agency obligations 54,221 26 (397 ) 53,850 54,221 26 (397 ) 53,850 $ 225,005 26 (18,422 ) 206,609 December 31, 2023 Mortgage-backed securities: FNMA $ 96,837 0 (9,704 ) 87,133 FHLMC 82,495 0 (8,246 ) 74,249 Collateralized mortgage obligations: FNMA 34 0 (2 ) 32 179,366 0 (17,952 ) 161,414 Other marketable securities: U.S. Government agency obligations 54,112 120 (552 ) 53,680 54,112 120 (552 ) 53,680 $ 233,478 120 (18,504 ) 215,094
Available-for-Sale Securities [Member]
Notes Tables
Contractual Obligation, Fiscal Year Maturity [Table Text Block]	(Dollars in thousands) Amortized Cost Fair Value Due less than one year $ 64,284 60,418 Due after one year through five years 125,539 114,722 Due after five years through fifteen years 35,179 31,466 Due after fifteen years 3 3 Total $ 225,005 206,609

Note 7 - Other Comprehensive _2

Note 7 - Other Comprehensive (Loss) Income (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	For the period ended March 31, (Dollars in thousands) 2024 2023 Before Tax Tax Effect Net of Tax Before Tax Tax (1) Effect Net of Tax Securities available for sale: Unrealized (losses) gains arising during the period $ (12 ) (4 ) (8 ) 2,845 599 2,246 Other comprehensive (loss) income $ (12 ) (4 ) (8 ) 2,845 599 2,246

Note 8 - Loans Receivable, Net

Note 8 - Loans Receivable, Net (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Summary of Loans Receivable [Table Text Block]	(Dollars in thousands) March 31, 2024 December 31, 2023 Single family $ 260,602 264,303 Commercial real estate: Real estate rental and leasing 276,751 271,531 Other 226,588 218,422 503,339 489,953 Consumer 41,110 42,734 Commercial business 63,679 61,118 Total loans 868,730 858,108 Less: Unamortized discounts 14 15 Net deferred loan fees 570 577 Allowance for credit losses 11,586 11,824 Total loans receivable, net $ 856,560 845,692

Note 9 - Allowance for Credit_2

Note 9 - Allowance for Credit Losses and Credit Quality Information (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Financing Receivable, Allowance for Credit Loss [Table Text Block]	(Dollars in thousands) Single Family Commercial Real Estate Consumer Commercial Business Total Balance, December 31, 2023 $ 1,426 7,514 607 2,277 11,824 Provision for losses (181 ) (94 ) (111 ) 178 (208 ) Charge-offs (30 ) 0 0 0 (30 ) Recoveries 0 0 0 0 0 Balance, March 31, 2024 $ 1,215 7,420 496 2,455 11,586 Balance, December 31, 2022 $ 1,261 7,026 1,058 932 10,277 January 1, 2023 adoption of ASU 2016-13 (259 ) 512 (485 ) 1,302 1,070 Provision for losses (44 ) 23 46 (57 ) (32 ) Recoveries 1 0 1 25 27 Balance, March 31, 2023 $ 959 7,561 620 2,202 11,342 Allocated to: Individual reserves $ 28 0 103 297 428 Collective reserves 1,398 7,514 504 1,980 11,396 Balance, December 31, 2023 $ 1,426 7,514 607 2,277 11,824 Allocated to: Individual reserves $ 26 0 97 296 419 Collective reserves 1,189 7,420 399 2,159 11,167 Balance, March 31, 2024 $ 1,215 7,420 496 2,455 11,586 Loans receivable at December 31, 2023: Individually reviewed for impairment $ 979 668 425 2,212 4,284 Collectively reviewed for impairment 263,324 489,285 42,309 58,906 853,824 Ending balance $ 264,303 489,953 42,734 61,118 858,108 Loans receivable at March 31, 2024: Individually reviewed for impairment $ 958 636 382 1,284 3,260 Collectively reviewed for impairment 259,644 502,703 40,728 62,395 865,470 Ending balance $ 260,602 503,339 41,110 63,679 868,730
Provision for Credit Losses [Table Text Block]	Three months ended March 31, (Dollars in thousands) 2024 2023 Provision for credit losses on: Loans $ (208 ) (32 ) Unfunded commitments (1 ) 24 Total $ (209 ) (8 )
Financing Receivable Credit Quality Indicators [Table Text Block]	(Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Total Single family Pass $ 2,823 80,466 56,798 61,380 32,958 24,686 0 259,111 Special Mention 0 0 0 0 0 0 0 0 Substandard 0 0 533 0 77 846 0 1,456 Doubtful 0 0 0 0 0 35 0 35 Loss 0 0 0 0 0 0 0 0 2,823 80,466 57,331 61,380 33,035 25,567 0 260,602 Current period gross charge-offs 0 0 0 0 0 30 0 30 Commercial Real Estate Pass 16,281 70,863 184,499 107,230 71,955 23,054 0 473,882 Special Mention 0 1,942 8,233 2,175 1,246 1,006 0 14,602 Substandard 0 462 347 910 10,948 2,188 0 14,855 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 16,281 73,267 193,079 110,315 84,149 26,248 0 503,339 Consumer Pass 3,663 7,483 6,698 1,391 1,800 6,676 13,020 40,731 Special Mention 19 0 0 0 0 0 0 19 Substandard 0 7 29 109 0 97 28 270 Doubtful 0 14 0 0 0 0 19 33 Loss 0 7 0 13 0 0 37 57 3,682 7,511 6,727 1,513 1,800 6,773 13,104 41,110 Commercial Business Pass 1,776 12,060 6,376 3,198 2,960 407 33,475 60,252 Special Mention 60 0 0 0 0 0 171 231 Substandard 0 1,274 441 142 94 31 1,214 3,196 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 1,836 13,334 6,817 3,340 3,054 438 34,860 63,679 Total Loans $ 24,622 174,578 263,954 176,548 122,038 59,026 47,964 868,730 (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Total Single family Unclassified $ 81,070 59,474 62,690 33,637 10,915 14,635 0 262,421 Special Mention 0 511 0 0 0 0 0 511 Substandard 64 546 0 79 182 462 0 1,333 Doubtful 0 0 0 0 24 14 0 38 Loss 0 0 0 0 0 0 0 0 81,134 60,531 62,690 33,716 11,121 15,111 0 264,303 Commercial Real Estate Unclassified 64,688 187,320 109,729 75,754 14,531 9,603 0 461,625 Special Mention 1,026 7,756 2,188 371 0 1,016 0 12,357 Substandard 2,225 388 292 10,867 637 1,562 0 15,971 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 67,939 195,464 112,209 86,992 15,168 12,181 0 489,953 Consumer Unclassified 9,913 7,583 1,606 1,870 2,369 4,778 14,170 42,289 Special Mention 20 0 0 0 0 0 0 20 Substandard 8 26 52 0 3 113 30 232 Doubtful 15 0 0 0 0 0 19 34 Loss 3 0 116 0 0 0 40 159 9,959 7,609 1,774 1,870 2,372 4,891 14,259 42,734 Current period gross charge-offs 0 1 0 0 0 49 0 50 Commercial Business Unclassified 12,404 6,967 3,539 3,317 217 288 30,160 56,892 Special Mention 0 0 0 0 0 0 0 0 Substandard 1,703 483 152 104 11 31 1,742 4,226 Doubtful 0 0 0 0 0 0 0 0 Loss 0 0 0 0 0 0 0 0 14,107 7,450 3,691 3,421 228 319 31,902 61,118 Current period gross charge offs 174 0 0 0 0 0 160 334 Total Loans $ 173,139 271,054 180,364 125,999 28,889 32,502 46,161 858,108
Financing Receivable, Past Due [Table Text Block]	(Dollars in thousands) 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Loans Total Loans Loans 90 Days or More Past Due and Still Accruing March 31, 2024 Single family $ 842 103 318 1,263 259,339 260,602 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 276,751 276,751 0 Other 0 619 0 619 225,969 226,588 0 Consumer 210 42 43 295 40,815 41,110 0 Commercial business 640 702 46 1,388 62,291 63,679 0 December 31, 2023 $ 1,692 1,466 407 3,565 865,165 868,730 0 Single family $ 453 71 363 887 263,416 264,303 0 Commercial real estate: Real estate rental and leasing 0 0 0 0 271,531 271,531 0 Other 0 0 399 399 218,023 218,422 0 Consumer 361 92 57 510 42,224 42,734 0 Commercial business 0 309 812 1,121 59,997 61,118 0 $ 814 472 1,631 2,917 855,191 858,108 0
Collateral Dependent Loans [Table Text Block]	March 31, 2024 December 31, 2023 (Dollars in thousands) Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance Loans with no related allowance recorded: Single family $ 744 744 0 758 758 0 Commercial real estate: Other 636 636 0 668 668 0 Consumer 269 269 0 306 306 0 Commercial business 22 22 0 0 0 0 Loans with an allowance recorded: Single family 214 214 26 221 221 28 Consumer 113 113 97 119 119 103 Commercial business 1,262 1,596 296 2,212 2,546 297 Total: Single family 958 958 26 979 979 28 Commercial real estate: Other (1) 636 636 0 668 668 0 Consumer (2) 382 382 97 425 425 103 Commercial business (3) 1,284 1,618 296 2,212 2,546 297 $ 3,260 3,594 419 4,284 4,618 428
Financing Receivable, Nonaccrual [Table Text Block]	(Dollars in thousands) March 31, 2024 December 31, 2023 Single family $ 742 $ 762 Commercial real estate: Other 462 493 Consumer 334 376 Commercial business 1,262 2,187 $ 2,800 $ 3,818

Note 10 - Intangible Assets (Ta

Note 10 - Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Servicing Liability at Amortized Cost [Table Text Block]	(Dollars in thousands) Three Months Ended March 31, 2024 Twelve Months Ended December 31, 2023 Three Months Ended March 31, 2023 Balance, beginning of period $ 2,709 2,986 2,986 Originations 130 555 91 Amortization (208 ) (832 ) (199 ) Balance, end of period $ 2,631 2,709 2,878 Fair value of mortgage servicing rights $ 6,536 6,539 6,414
Summary of Risk Characteristics of Loans Being Serviced [Table Text Block]	Weighted Weighted Loan Average Average Principal Interest Remaining Number (Dollars in thousands) Balance Rate Term (months) of Loans Original term 15 year fixed rate $ 88,613 2.93 % 124 921 Original term 30 year fixed rate 445,698 3.93 302 2,662
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Gross Unamortized Carrying Accumulated Intangible (Dollars in thousands) Amount Amortization Assets March 31, 2024 Mortgage servicing rights $ 6,288 (3,657 ) 2,631 Goodwill 802 0 802 Total $ 7,090 (3,657 ) 3,433 December 31, 2023 Mortgage servicing rights $ 6,226 (3,517 ) 2,709 Goodwill 802 0 802 Total $ 7,028 (3,517 ) 3,511
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(Dollars in thousands) Mortgage Servicing Rights Year ending December 31, 2024 $ 550 2025 672 2026 580 2027 411 2028 234 Thereafter 184 Total $ 2,631

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Other Information Related to Operating Leases [Table Text Block]	(Dollars in thousands) Three Months Ended March 31, 2024 Three Months Ended March 31, 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 58 55 Weighted-average remaining lease term – operating leases, in years 1.9 2.6 Weighted-average discount rate – operating leases 2.75 % 2.66 %
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]	(Dollars in thousands) March 31, 2024 2024 $ 154 2025 58 2026 27 2027 25 2028 0 Thereafter 0 Total lease payments 264 Less: Interest (8 ) Present value of lease liabilities $ 256

Note 12 - Earnings Per Common_2

Note 12 - Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, March 31, (Dollars in thousands, except per share data) 2024 2023 Weighted average number of common shares outstanding used in basic earnings per common share calculation 4,343,720 4,338,922 Net dilutive effect of: Restricted stock awards and options 26,324 29,112 Weighted average number of shares outstanding adjusted for effect of dilutive securities 4,370,044 4,368,034 Income available to common stockholders $ 1,318 1,634 Basic earnings per common share $ 0.30 0.38 Diluted earnings per common share $ 0.30 0.37

Note 13 - Regulatory Capital _2

Note 13 - Regulatory Capital and Oversight (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Required to be Adequately Capitalized Excess Capital To Be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in thousands) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) Amount Percent of Assets (1) March 31, 2024 Common equity Tier 1 capital $ 105,437 11.64 % $ 40,757 4.50 % $ 64,680 7.14 % $ 58,872 6.50 % Tier 1 leverage 105,437 9.18 45,957 4.00 59,480 5.18 57,446 5.00 Tier 1 risk-based capital 105,437 11.64 54,343 6.00 51,094 5.64 72,458 8.00 Total risk-based capital 116,762 12.89 72,458 8.00 44,304 4.89 90,572 10.00

Note 16 - Business Segments (Ta

Note 16 - Business Segments (Tables)	3 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(Dollars in thousands) Home Federal Savings Bank Other Eliminations Consolidated Total At or for the quarter ended March 31, 2024: Interest income - external customers $ 11,999 0 0 11,999 Non-interest income - external customers 1,907 0 0 1,907 Intersegment interest income 0 88 (88 ) 0 Intersegment non-interest income 71 1,432 (1,503 ) 0 Interest expense 4,831 0 (88 ) 4,743 Provision for credit losses (209 ) 0 0 (209 ) Non-interest expense 7,389 233 (71 ) 7,551 Income tax expense (benefit) 534 (31 ) 0 503 Net income 1,432 1,318 (1,432 ) 1,318 Total assets 1,151,160 108,945 (108,890 ) 1,151,215 At or for the quarter ended March 31, 2023: Interest income - external customers $ 9,913 0 0 9,913 Non-interest income - external customers 1,928 0 0 1,928 Intersegment interest income 0 64 (64 ) 0 Intersegment non-interest income 58 1,748 (1,806 ) 0 Interest expense 1,914 0 (64 ) 1,850 Provision for credit losses (8 ) 0 0 (8 ) Non-interest expense 7,542 209 (58 ) 7,693 Income tax expense (benefit) 703 (31 ) 0 672 Net income 1,748 1,634 (1,748 ) 1,634 Total assets 1,071,577 100,231 (100,226 ) 1,071,582

Note 1 - Description of the B_2

Note 1 - Description of the Business and Summary of Significant Accounting Policies (Details Textual)	3 Months Ended
	Mar. 31, 2024
Percentage Of Ownership In Subsidiaries	100%
Number of Wholly Owned Subsidiaries	2

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available for sale	$ 206,609	$ 215,094
Fair Value, Recurring [Member]
Securities available for sale	206,609	215,094
Equity securities	394	382
Commitments to extend credit	(18)	7
Total	206,985	215,483
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale	0	0
Equity securities	0	0
Commitments to extend credit	0	0
Total	0	0
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	206,609	215,094
Equity securities	394	382
Commitments to extend credit	(18)	7
Total	206,985	215,483
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available for sale	0	0
Equity securities	0	0
Commitments to extend credit	0	0
Total	$ 0	$ 0

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Assets Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Loans held for sale, Total gains (losses)	$ 10	$ (26)
Mortgage servicing rights, Total gains (losses)	0	0
Collateral dependent loans, Total gains (losses)	8	(287)
Total, Total gains (losses)	18	(313)
Fair Value, Nonrecurring [Member]
Loans held for sale	4,146	1,006
Mortgage servicing rights, net	2,631	2,709
Collateral dependent loans	2,841	3,856
Total	9,618	7,571
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Loans held for sale	0	0
Mortgage servicing rights, net	0	0
Collateral dependent loans	0	0
Total	0	0
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Loans held for sale	4,146	1,006
Mortgage servicing rights, net	0	0
Collateral dependent loans	2,841	3,856
Total	6,987	4,862
Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Loans held for sale	0	0
Mortgage servicing rights, net	2,631	2,709
Collateral dependent loans	0	0
Total	$ 2,631	$ 0

Note 5 - Fair Value of Financ_3

Note 5 - Fair Value of Financial Instruments - Estimated Fair Value of Company's Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available for sale	$ 206,609	$ 215,094
Reported Value Measurement [Member]
Cash and cash equivalents	50,230	11,151
Securities available for sale	206,609	215,094
Equity securities	394	382
Loans held for sale	4,146	1,006
Loans receivable, net	856,560	845,692
Federal Home Loan Bank stock	665	1,252
Accrued interest receivable	3,674	3,553
Mortgage servicing assets	2,631	2,709
Deposits	1,030,918	976,793
FHLB advances and other borrowings	0	13,200
Accrued interest payable	3,730	2,399
Commitments to extend credit	(18)	7
Commitments to sell loans	(7)	(17)
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	50,230	11,151
Securities available for sale	206,609	215,094
Equity securities	394	382
Loans held for sale	4,146	1,006
Loans receivable, net	792,017	778,952
Federal Home Loan Bank stock	665	1,252
Accrued interest receivable	3,674	3,553
Mortgage servicing assets	6,536	6,539
Deposits	1,029,689	975,963
FHLB advances and other borrowings	0	13,200
Accrued interest payable	3,730	2,399
Commitments to extend credit	(18)	7
Commitments to sell loans	(7)	(17)
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	50,230
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available for sale	206,609
Equity securities	394
Loans held for sale	4,146
Loans receivable, net	792,017
Federal Home Loan Bank stock	665
Accrued interest receivable	3,674
Mortgage servicing assets
Deposits	1,029,689
FHLB advances and other borrowings	0
Accrued interest payable	3,730
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Mortgage servicing assets	6,536
Portion at Other than Fair Value Measurement [Member]
Commitments to extend credit	159,183	167,447
Commitments to sell loans	$ 9,376	$ 3,078

Note 6 - Securities Available_3

Note 6 - Securities Available for Sale (Details Textual) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss	$ 0.5	$ 0.5
Asset Pledged as Collateral [Member] | Deposits [Member]
Securities Held as Collateral, at Fair Value	$ 41.6	$ 41.6

Note 6 - Securities Available_4

Note 6 - Securities Available for Sale - Securities in a Continuous Unrealized Loss Position (Details) Pure in Thousands, $ in Thousands	Mar. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Less Than Twelve Months # of Investments	5	1
Less Than Twelve Months Fair Value	$ 24,874	$ 5,000
Less Than Twelve Months Unrealized Losses	$ (76)	$ (9)
Twelve Months or More # of Investments	63	66
Twelve Months or More Fair Value	$ 172,438	$ 195,870
Twelve Months or More Unrealized Losses	(18,346)	(18,495)
Total fair value	197,312	200,870
Total temporarily impaired securities	$ (18,422)	$ (18,504)
Mortgage Backed Securities, Issued by Us Government Sponsored Enterprises, Federal National Mortgage Association Certificates and Obligations FNMA [Member]
Less Than Twelve Months # of Investments	0	0
Less Than Twelve Months Fair Value	$ 0	$ 0
Less Than Twelve Months Unrealized Losses	$ 0	$ 0
Twelve Months or More # of Investments	34	34
Twelve Months or More Fair Value	$ 82,474	$ 87,133
Twelve Months or More Unrealized Losses	(9,625)	(9,704)
Total fair value	82,474	87,133
Total temporarily impaired securities	$ (9,625)	$ (9,704)
Mortgage Backed Securities, Issued by Us Government Sponsored Enterprises, Federal Home Loan Mortgage Corporation Certificates and Obligations FHLMC [Member]
Less Than Twelve Months # of Investments	0	0
Less Than Twelve Months Fair Value	$ 0	$ 0
Less Than Twelve Months Unrealized Losses	$ 0	$ 0
Twelve Months or More # of Investments	24	24
Twelve Months or More Fair Value	$ 70,254	$ 74,249
Twelve Months or More Unrealized Losses	(8,398)	(8,246)
Total fair value	70,254	74,249
Total temporarily impaired securities	$ (8,398)	$ (8,246)
Mortgage Backed Securities, Federal National Mortgage Association Certificates and Obligations FNMA [Member]
Less Than Twelve Months # of Investments	0	0
Less Than Twelve Months Fair Value	$ 0	$ 0
Less Than Twelve Months Unrealized Losses	$ 0	$ 0
Twelve Months or More # of Investments	1	1
Twelve Months or More Fair Value	$ 31	$ 32
Twelve Months or More Unrealized Losses	(2)	(2)
Total fair value	31	32
Total temporarily impaired securities	$ (2)	$ (2)
Other Marketable Securities, Us Government Agencies Debt Securities [Member]
Less Than Twelve Months # of Investments	5	1
Less Than Twelve Months Fair Value	$ 24,874	$ 5,000
Less Than Twelve Months Unrealized Losses	$ (76)	$ (9)
Twelve Months or More # of Investments	4	7
Twelve Months or More Fair Value	$ 19,679	$ 34,456
Twelve Months or More Unrealized Losses	(321)	(543)
Total fair value	44,553	39,456
Total temporarily impaired securities	$ (397)	$ (552)

Note 6 - Securities Available_5

Note 6 - Securities Available for Sale - Summary of Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Securities available for sale, amortized cost	$ 225,005	$ 233,478
Investment securities available for sale, gross unrealized gains	26	120
Investment securities available for sale, gross unrealized losses	(18,422)	(18,504)
Securities available for sale	206,609	215,094
Mortgage Backed Securities, Federal National Mortgage Association Certificates and Obligations FNMA [Member]
Securities available for sale, amortized cost	92,099	96,837
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(9,625)	(9,704)
Securities available for sale	82,474	87,133
Mortgage Backed Securities, Issued by Us Government Sponsored Enterprises, Federal Home Loan Mortgage Corporation Certificates and Obligations FHLMC [Member]
Securities available for sale, amortized cost	78,652	82,495
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(8,398)	(8,246)
Securities available for sale	70,254	74,249
Mortgage Backed Securities, Issued by Us Government Sponsored Enterprises, Federal National Mortgage Association Certificates and Obligations FNMA [Member]
Securities available for sale, amortized cost	33	34
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(2)	(2)
Securities available for sale	31	32
Collateralized Mortgage-Backed Securities [Member]
Securities available for sale, amortized cost	170,784	179,366
Investment securities available for sale, gross unrealized gains	0	0
Investment securities available for sale, gross unrealized losses	(18,025)	(17,952)
Securities available for sale	152,759	161,414
Other Marketable Securities, Us Government Agencies Debt Securities [Member]
Securities available for sale, amortized cost	54,221	54,112
Investment securities available for sale, gross unrealized gains	26	120
Investment securities available for sale, gross unrealized losses	(397)	(552)
Securities available for sale	53,850	53,680
Other Marketable Securities [Member]
Securities available for sale, amortized cost	54,221	54,112
Investment securities available for sale, gross unrealized gains	26	120
Investment securities available for sale, gross unrealized losses	(397)	(552)
Securities available for sale	$ 53,850	$ 53,680

Note 6 - Securities Available_6

Note 6 - Securities Available for Sale - Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Due less than one year, amortized cost	$ 64,284
Due less than one year, fair value	60,418
Due after one year through five years, amortized cost	125,539
Due after one year through five years, fair value	114,722
Due after five years through fifteen years, amortized cost	35,179
Due after five years through fifteen years, fair value	31,466
Due after fifteen years, amortized cost	3
Due after fifteen years, fair value	3
Total, amortized cost	225,005	$ 233,478
Total, fair value	$ 206,609	$ 215,094

Note 7 - Other Comprehensive _3

Note 7 - Other Comprehensive (Loss) Income - Components of Other Comprehensive (Loss) Income and Related Tax Effects (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Unrealized (losses) gains arising during the period	$ (12)	$ 2,845
Unrealized gains (losses) arising during the period, tax	(4)	599	[1]
Unrealized gains (losses) arising during the period, net of tax	(8)	2,246
Other comprehensive (loss) income	(12)	2,845
Other comprehensive income (loss), tax	(4)	599	[1]
Other comprehensive income (loss), net of tax	$ (8)	$ 2,246
[1]The tax effect on gross unrealized (losses) gains was impacted by a change in the effective tax rate used in 2023 to allocate the total unrealized gains on securities between the deferred tax asset and other comprehensive income.

Note 8 - Loans Receivable, Ne_2

Note 8 - Loans Receivable, Net - Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Loans receivable	$ 868,730	$ 858,108
Unamortized discounts	14	15
Net deferred loan fees	570	577
Allowance for credit losses	(11,586)	(11,824)	$ (11,342)	$ (10,277)
Total loans receivable, net	856,560	845,692
Residential Portfolio Segment [Member]
Loans receivable	260,602	264,303
Allowance for credit losses	(1,215)	(1,426)	(959)	(1,261)
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	503,339	489,953
Allowance for credit losses	(7,420)	(7,514)	(7,561)	(7,026)
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Portfolio Segment - Real Estate Rental and Leasing [Member]
Loans receivable	276,751	271,531
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	226,588	218,422
Consumer Portfolio Segment [Member]
Loans receivable	41,110	42,734
Allowance for credit losses	(496)	(607)	(620)	(1,058)
Commercial Portfolio Segment [Member]
Loans receivable	63,679	61,118
Allowance for credit losses	$ (2,455)	$ (2,277)	$ (2,202)	$ (932)

Note 9 - Allowance for Credit_3

Note 9 - Allowance for Credit Losses and Credit Quality Information (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2023 USD ($)
Financing Receivable, Accrued Interest, after Allowance for Credit Loss	$ 3,200		$ 3,000
Off-Balance-Sheet, Credit Loss, Liability	0	$ 100
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Not to Sell before Recovery, Credit Loss, Previously Recorded, Expense (Reversal)	0	$ 0
Financing Receivable, Nonaccrual	2,800		3,818
Financing Receivable, Nonaccrual, Allowance for Credit Loss	400		400
Loan Receivable for Which Value of Collateral Sufficient to Repay	1,200		$ 1,300
Financing Receivable, Principal Payments Received, Non-Performing	$ 800
Number of Secured Loans	2		0
Financing Receivables in Process of Foreclosure	$ 100
Number of Loan Modifications for Borrowers with Financial Difficulty	0	0
Financing Receivable, Modified, Commitment to Lend	$ 0
Number of Loan Defaults Previously Modified for Borrowers Experiencing Financial Difficulty	0

Note 9 - Allowance for Credit_4

Note 9 - Allowance for Credit Losses and Credit Quality Information - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Balance	$ 11,824	$ 10,277	$ 10,277
Provision for losses	(208)	(32)
Charge-offs	(30)		(334)
Recoveries	0	27
Balance	11,586	11,342	11,824
Individual reserves	419		428
Collective reserves	11,167		11,396
Balance	11,586	11,342	11,824
Individually reviewed for impairment	3,260		4,284
Collectively reviewed for impairment	865,470		853,824
Ending balance	868,730		858,108
Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		1,070	1,070
Balance
Residential Portfolio Segment [Member]
Balance	1,426	1,261	1,261
Provision for losses	(181)	(44)
Charge-offs	(30)
Recoveries	0	1
Balance	1,215	959	1,426
Individual reserves	26		28
Collective reserves	1,189		1,398
Balance	1,215	959	1,426
Individually reviewed for impairment	958		979
Collectively reviewed for impairment	259,644		263,324
Ending balance	260,602		264,303
Residential Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		(259)	(259)
Balance
Commercial Real Estate Portfolio Segment [Member]
Balance	7,514	7,026	7,026
Provision for losses	(94)	23
Charge-offs	0
Recoveries	0	0
Balance	7,420	7,561	7,514
Individual reserves	0		0
Collective reserves	7,420		7,514
Balance	7,420	7,561	7,514
Individually reviewed for impairment	636		668
Collectively reviewed for impairment	502,703		489,285
Ending balance	503,339		489,953
Commercial Real Estate Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		512	512
Balance
Consumer Portfolio Segment [Member]
Balance	607	1,058	1,058
Provision for losses	(111)	46
Charge-offs	0		(50)
Recoveries	0	1
Balance	496	620	607
Individual reserves	97		103
Collective reserves	399		504
Balance	496	620	607
Individually reviewed for impairment	382		425
Collectively reviewed for impairment	40,728		42,309
Ending balance	41,110		42,734
Consumer Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		(485)	(485)
Balance
Commercial Portfolio Segment [Member]
Balance	2,277	932	932
Provision for losses	178	(57)
Charge-offs	0
Recoveries	0	25
Balance	2,455	2,202	2,277
Individual reserves	296		297
Collective reserves	2,159		1,980
Balance	2,455	2,202	2,277
Individually reviewed for impairment	1,284		2,212
Collectively reviewed for impairment	62,395		58,906
Ending balance	$ 63,679		61,118
Commercial Portfolio Segment [Member] | Accounting Standards Update 2016-13 [Member] | Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance		$ 1,302	$ 1,302
Balance

Note 9 - Allowance for Credit_5

Note 9 - Allowance for Credit Losses and Credit Quality Information - Provision for Credit Losses (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023
Loans		$ (208)	$ (32)
Unfunded commitments		(1)	24
Total	[1]	$ (209)	$ (8)
[1]The Company adopted Accounting Standard Update (ASU) 2016-13 as of January 1, 2023. The 2022 amount presented is calculated under the prior accounting standard.

Note 9 - Allowance for Credit_6

Note 9 - Allowance for Credit Losses and Credit Quality Information - Credit Quality Indicators (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
loans, current year	$ 24,622	$ 173,139
loans, one year before	174,578	271,054
loans, two years before	263,954	180,364
loans, three years before	176,548	125,999
loans, four years before	122,038	28,889
loans, prior	59,026	32,502
loans, revolving	47,964	46,161
Loans receivable	868,730	858,108
Current period gross charge-offs, year one		174
Current period gross charge-offs, year two		0
Current period gross charge-offs, year three		0
Current period gross charge-offs, year four		0
Current period gross charge-offs, year five		0
Current period gross charge-offs, prior		0
Current period gross charge-offs, revolving		160
Current period gross charge-offs, total	30	334
Residential Portfolio Segment [Member]
loans, current year	2,823	81,134
loans, one year before	80,466	60,531
loans, two years before	57,331	62,690
loans, three years before	61,380	33,716
loans, four years before	33,035	11,121
loans, prior	25,567	15,111
loans, revolving	0	0
Loans receivable	260,602	264,303
Current period gross charge-offs, year one	0
Current period gross charge-offs, year two	0
Current period gross charge-offs, year three	0
Current period gross charge-offs, year four	0
Current period gross charge-offs, year five	0
Current period gross charge-offs, prior	30
Current period gross charge-offs, revolving	0
Current period gross charge-offs, total	30
Residential Portfolio Segment [Member] | Pass [Member]
loans, current year	2,823
loans, one year before	80,466
loans, two years before	56,798
loans, three years before	61,380
loans, four years before	32,958
loans, prior	24,686
loans, revolving	0
Loans receivable	259,111
Residential Portfolio Segment [Member] | Unclassified [Member]
loans, current year		81,070
loans, one year before		59,474
loans, two years before		62,690
loans, three years before		33,637
loans, four years before		10,915
loans, prior		14,635
loans, revolving		0
Loans receivable		262,421
Residential Portfolio Segment [Member] | Special Mention [Member]
loans, current year	0	0
loans, one year before	0	511
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	0	511
Residential Portfolio Segment [Member] | Substandard [Member]
loans, current year	0	64
loans, one year before	0	546
loans, two years before	533	0
loans, three years before	0	79
loans, four years before	77	182
loans, prior	846	462
loans, revolving	0	0
Loans receivable	1,456	1,333
Residential Portfolio Segment [Member] | Doubtful [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	24
loans, prior	35	14
loans, revolving	0	0
Loans receivable	35	38
Residential Portfolio Segment [Member] | Loss [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member]
loans, current year	16,281	67,939
loans, one year before	73,267	195,464
loans, two years before	193,079	112,209
loans, three years before	110,315	86,992
loans, four years before	84,149	15,168
loans, prior	26,248	12,181
loans, revolving	0	0
Loans receivable	503,339	489,953
Current period gross charge-offs, total	0
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
loans, current year	16,281
loans, one year before	70,863
loans, two years before	184,499
loans, three years before	107,230
loans, four years before	71,955
loans, prior	23,054
loans, revolving	0
Loans receivable	473,882
Commercial Real Estate Portfolio Segment [Member] | Unclassified [Member]
loans, current year		64,688
loans, one year before		187,320
loans, two years before		109,729
loans, three years before		75,754
loans, four years before		14,531
loans, prior		9,603
loans, revolving		0
Loans receivable		461,625
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
loans, current year	0	1,026
loans, one year before	1,942	7,756
loans, two years before	8,233	2,188
loans, three years before	2,175	371
loans, four years before	1,246	0
loans, prior	1,006	1,016
loans, revolving	0	0
Loans receivable	14,602	12,357
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
loans, current year	0	2,225
loans, one year before	462	388
loans, two years before	347	292
loans, three years before	910	10,867
loans, four years before	10,948	637
loans, prior	2,188	1,562
loans, revolving	0	0
Loans receivable	14,855	15,971
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	0	0
Commercial Real Estate Portfolio Segment [Member] | Loss [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	0	0
Consumer Portfolio Segment [Member]
loans, current year	3,682	9,959
loans, one year before	7,511	7,609
loans, two years before	6,727	1,774
loans, three years before	1,513	1,870
loans, four years before	1,800	2,372
loans, prior	6,773	4,891
loans, revolving	13,104	14,259
Loans receivable	41,110	42,734
Current period gross charge-offs, year one		0
Current period gross charge-offs, year two		1
Current period gross charge-offs, year three		0
Current period gross charge-offs, year four		0
Current period gross charge-offs, year five		0
Current period gross charge-offs, prior		49
Current period gross charge-offs, revolving		0
Current period gross charge-offs, total	0	50
Consumer Portfolio Segment [Member] | Pass [Member]
loans, current year	3,663
loans, one year before	7,483
loans, two years before	6,698
loans, three years before	1,391
loans, four years before	1,800
loans, prior	6,676
loans, revolving	13,020
Loans receivable	40,731
Consumer Portfolio Segment [Member] | Unclassified [Member]
loans, current year		9,913
loans, one year before		7,583
loans, two years before		1,606
loans, three years before		1,870
loans, four years before		2,369
loans, prior		4,778
loans, revolving		14,170
Loans receivable		42,289
Consumer Portfolio Segment [Member] | Special Mention [Member]
loans, current year	19	20
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	19	20
Consumer Portfolio Segment [Member] | Substandard [Member]
loans, current year	0	8
loans, one year before	7	26
loans, two years before	29	52
loans, three years before	109	0
loans, four years before	0	3
loans, prior	97	113
loans, revolving	28	30
Loans receivable	270	232
Consumer Portfolio Segment [Member] | Doubtful [Member]
loans, current year	0	15
loans, one year before	14	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	19	19
Loans receivable	33	34
Consumer Portfolio Segment [Member] | Loss [Member]
loans, current year	0	3
loans, one year before	7	0
loans, two years before	0	116
loans, three years before	13	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	37	40
Loans receivable	57	159
Commercial Portfolio Segment [Member]
loans, current year	1,836	14,107
loans, one year before	13,334	7,450
loans, two years before	6,817	3,691
loans, three years before	3,340	3,421
loans, four years before	3,054	228
loans, prior	438	319
loans, revolving	34,860	31,902
Loans receivable	63,679	61,118
Current period gross charge-offs, total	0
Commercial Portfolio Segment [Member] | Pass [Member]
loans, current year	1,776
loans, one year before	12,060
loans, two years before	6,376
loans, three years before	3,198
loans, four years before	2,960
loans, prior	407
loans, revolving	33,475
Loans receivable	60,252
Commercial Portfolio Segment [Member] | Unclassified [Member]
loans, current year		12,404
loans, one year before		6,967
loans, two years before		3,539
loans, three years before		3,317
loans, four years before		217
loans, prior		288
loans, revolving		30,160
Loans receivable		56,892
Commercial Portfolio Segment [Member] | Special Mention [Member]
loans, current year	60	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	171	0
Loans receivable	231	0
Commercial Portfolio Segment [Member] | Substandard [Member]
loans, current year	0	1,703
loans, one year before	1,274	483
loans, two years before	441	152
loans, three years before	142	104
loans, four years before	94	11
loans, prior	31	31
loans, revolving	1,214	1,742
Loans receivable	3,196	4,226
Commercial Portfolio Segment [Member] | Doubtful [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	0	0
Commercial Portfolio Segment [Member] | Loss [Member]
loans, current year	0	0
loans, one year before	0	0
loans, two years before	0	0
loans, three years before	0	0
loans, four years before	0	0
loans, prior	0	0
loans, revolving	0	0
Loans receivable	$ 0	$ 0

Note 9 - Allowance for Credit_7

Note 9 - Allowance for Credit Losses and Credit Quality Information - Aging of Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Loans receivable	$ 868,730	$ 858,108
Loans 90 days or more past due and still accruing	0	0
Residential Portfolio Segment [Member]
Loans receivable	260,602	264,303
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member]
Loans receivable	503,339	489,953
Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	276,751	271,531
Loans 90 days or more past due and still accruing	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	226,588	218,422
Loans 90 days or more past due and still accruing	0	0
Consumer Portfolio Segment [Member]
Loans receivable	41,110	42,734
Loans 90 days or more past due and still accruing	0	0
Commercial Portfolio Segment [Member]
Loans receivable	63,679	61,118
Loans 90 days or more past due and still accruing	0	0
Financial Asset, 30 to 59 Days Past Due [Member]
Loans receivable	1,692	814
Financial Asset, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	842	453
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	0
Financial Asset, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	210	361
Financial Asset, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	640	0
Financial Asset, 60 to 89 Days Past Due [Member]
Loans receivable	1,466	472
Financial Asset, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	103	71
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	619	0
Financial Asset, 60 to 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	42	92
Financial Asset, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	702	309
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Loans receivable	407	1,631
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	318	363
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	0	399
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	43	57
Financial Asset, Equal to or Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	46	812
Financial Asset, Past Due [Member]
Loans receivable	3,565	2,917
Financial Asset, Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	1,263	887
Financial Asset, Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	0	0
Financial Asset, Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	619	399
Financial Asset, Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	295	510
Financial Asset, Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	1,388	1,121
Financial Asset, Not Past Due [Member]
Loans receivable	865,165	855,191
Financial Asset, Not Past Due [Member] | Residential Portfolio Segment [Member]
Loans receivable	259,339	263,416
Financial Asset, Not Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Real Estate Loan [Member]
Loans receivable	276,751	271,531
Financial Asset, Not Past Due [Member] | Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Loans receivable	225,969	218,023
Financial Asset, Not Past Due [Member] | Consumer Portfolio Segment [Member]
Loans receivable	40,815	42,224
Financial Asset, Not Past Due [Member] | Commercial Portfolio Segment [Member]
Loans receivable	$ 62,291	$ 59,997

Note 9 - Allowance for Credit_8

Note 9 - Allowance for Credit Losses and Credit Quality Information - Summary of Collateral Dependent Loans (Details) - USD ($) $ in Thousands		Mar. 31, 2024	Dec. 31, 2023
Related allowance		$ 419	$ 428
Recorded investment		3,260	4,284
Unpaid principal balance		3,594	4,618
Residential Portfolio Segment [Member]
Recorded investment, with no related allowance		744	758
Unpaid principal balance, with no related allowance		744	758
Recorded investment, with related allowance		214	221
Unpaid principal balance, with related allowance		214	221
Related allowance		26	28
Recorded investment		958	979
Unpaid principal balance		958	979
Commercial Real Estate Portfolio Segment [Member]
Related allowance	[1]	0	0
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Recorded investment, with no related allowance		636	668
Unpaid principal balance, with no related allowance		636	668
Recorded investment	[1]	636	668
Unpaid principal balance	[1]	636	668
Consumer Portfolio Segment [Member]
Recorded investment, with no related allowance		269	306
Unpaid principal balance, with no related allowance		269	306
Recorded investment, with related allowance		113	119
Unpaid principal balance, with related allowance		113	119
Related allowance	[2]	97	103
Recorded investment	[2]	382	425
Unpaid principal balance	[2]	382	425
Commercial Portfolio Segment [Member]
Recorded investment, with no related allowance		22	0
Unpaid principal balance, with no related allowance		22	0
Recorded investment, with related allowance		1,262	2,212
Unpaid principal balance, with related allowance		1,596	2,546
Related allowance	[3]	296	297
Recorded investment	[3]	1,284	2,212
Unpaid principal balance	[3]	$ 1,618	$ 2,546
[1]Secured by commercial land.[2]Secured by second mortgages on single family housing and autos.[3]Secured by business equipment.

Note 9 - Allowance for Credit_9

Note 9 - Allowance for Credit Losses and Credit Quality Information - Non-accrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Non-accrual loans	$ 2,800	$ 3,818
Residential Portfolio Segment [Member]
Non-accrual loans	742	762
Commercial Real Estate Portfolio Segment [Member] | Commercial Real Estate Other [Member]
Non-accrual loans	462	493
Consumer Portfolio Segment [Member]
Non-accrual loans	334	376
Commercial Portfolio Segment [Member]
Non-accrual loans	$ 1,262	$ 2,187

Note 10 - Intangible Assets (De

Note 10 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Mortgage Servicing Rights and Core Deposits [Member]
Amortization of Intangible Assets	$ 0.2	$ 0.2

Note 10 - Intangible Assets - M

Note 10 - Intangible Assets - Mortgage Servicing Activity (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Balance, beginning of period	$ 2,709	$ 2,986	$ 2,986
Originations	130	91	555
Amortization	(208)	(199)	(832)
Balance, end of period	2,631	2,878	2,709
Fair value of mortgage servicing rights	$ 6,536	$ 6,414	$ 6,539

Note 10 - Intangible Assets - R

Note 10 - Intangible Assets - Risk Characteristics of Loans Being Serviced (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Original Term Fifteen Year Fixed Rate [Member]
Loan Principal Balance	$ 88,613
Weighted Average Interest Rate	2.93%
Weighted Average Remaining Term (Month)	124 months
Number of Loans	921
Original Term Thirty Year Fixed Rate [Member]
Loan Principal Balance	$ 445,698
Weighted Average Interest Rate	3.93%
Weighted Average Remaining Term (Month)	302 months
Number of Loans	2,662

Note 10 - Intangible Assets - G

Note 10 - Intangible Assets - Gross Carrying Amount and Accumulated Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Finite-lived intangible assets, accumulated amortization	$ (3,657)	$ (3,517)
Goodwill, gross carrying amount	802	802
Goodwill, accumulated impairment	0	0
Goodwill	802	802
Intangible assets (including goodwill), gross carrying amount	7,090	7,028
Intangible assets, unamortized intangible assets	3,433	3,511
Mortgage Servicing Rights [Member]
Finite-lived intangible assets, gross carrying amount	6,288	6,226
Finite-lived intangible assets, accumulated amortization	(3,657)	(3,517)
Finite-lived intangible assets, unamortized intangible assets	$ 2,631	$ 2,709

Note 10 - Intangible Assets - E

Note 10 - Intangible Assets - Estimated Future Amortization Expense (Details) - Mortgage Servicing Rights [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
2024	$ 550
2025	672
2026	580
2027	411
2028	234
Thereafter	184
Total	$ 2,631	$ 2,709

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Operating Lease, Right-of-Use Asset	$ 0.3
Operating Lease, Cost	$ 0.1
Minimum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	5 months
Lessee, Operating Lease, Renewal Term (Year)	3 years
Maximum [Member]
Lessee, Operating Lease, Remaining Lease Term (Month)	44 months
Lessee, Operating Lease, Renewal Term (Year)	10 years

Note 11 - Leases - Summary of O

Note 11 - Leases - Summary of Other Information Related to Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 58	$ 55
Weighted-average remaining lease term – operating leases (Year)	1 year 10 months 24 days	2 years 7 months 6 days
Weighted-average discount rate – operating leases	2.75%	2.66%

Note 11 - Leases - Maturity of

Note 11 - Leases - Maturity of Remaining Lease Liabilities (Details) $ in Thousands	Mar. 31, 2024 USD ($)
2024	$ 154
2025	58
2026	27
2027	25
2028	0
Thereafter	0
Total lease payments	264
Less: Interest	(8)
Present value of lease liabilities	$ 256

Note 12 - Earnings Per Common_3

Note 12 - Earnings Per Common Share - Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Weighted average number of common shares outstanding used in basic earnings per common share calculation (in shares)	4,343,720	4,338,922
Restricted stock awards and options (in shares)	26,324	29,112
Weighted average number of shares outstanding adjusted for effect of dilutive securities (in shares)	4,370,044	4,368,034
Net income	$ 1,318	$ 1,634
Basic earnings per share (in dollars per share)	$ 0.3	$ 0.38
Diluted earnings per share (in dollars per share)	$ 0.3	$ 0.37

Note 13 - Regulatory Capital _3

Note 13 - Regulatory Capital and Oversight (Details Textual) $ in Millions	Mar. 31, 2024 USD ($)
Banks Tangible Assets	$ 1.1
Banking Regulation, Risk-Weighted Assets, Actual	$ 905.7
Banking Regulation, Capital Conservation Buffer, Common Equity Tier One Risk-Based Capital, Actual	0.025

Note 13 - Regulatory Capital -

Note 13 - Regulatory Capital - Capital Amounts and Ratios (Details) $ in Thousands	Mar. 31, 2024 USD ($)
Common equity tier 1 capital, actual amount	$ 105,437
Common equity tier 1 capital, actual percent of asset	0.1164	[1]
Common equity tier 1 capital, amount required to be adequately capitalized	$ 40,757
Common equity tier 1 capital, percent of assets required to be adequately capitalized	0.045	[1]
Common equity tier 1 capital, excess capital amount	$ 64,680
Common equity tier 1 capital, excess capital percent of assets	0.0714	[1]
Common equity tier 1 capital, amount to be well capitalized under prompt corrective action provisions	$ 58,872
Common equity tier 1 capital, percent of assets to be well capitalized under prompt corrective action provisions	0.065	[1]
Tier 1 leverage, actual amount	$ 105,437
Tier 1 leverage, actual percent of asset	0.0918	[1]
Tier 1 leverage, amount required to be adequately capitalized	$ 45,957
Tier 1 leverage, percent of assets required to be adequately capitalized	0.04	[1]
Tier 1 leverage, excess capital amount	$ 59,480
Tier 1 leverage, excess capital percent of assets	0.0518	[1]
Tier 1 leverage, amount to be well capitalized under prompt corrective action provisions	$ 57,446
Tier 1 leverage, percent of assets to be well capitalized under prompt corrective action provisions	0.05	[1]
Tier 1 risk-based capital, actual amount	$ 105,437
Tier 1 risk-based capital, actual percent of asset	0.1164	[1]
Tier 1 risk-based capital, amount required to be adequately capitalized	$ 54,343
Tier 1 risk-based capital, percent of assets required to be adequately capitalized	0.06	[1]
Tier 1 risk-based capital, excess capital amount	$ 51,094
Tier 1 risk-based capital, excess capital percent of assets	0.0564	[1]
Tier 1 risk-based capital, amount to be well capitalized under prompt corrective action provisions	$ 72,458
Tier 1 risk-based capital, percent of assets to be well capitalized under prompt corrective action provisions	0.08	[1]
Total risk-based capital, actual amount	$ 116,762
Total risk-based capital, actual percent of asset	0.1289	[1]
Total risk-based capital, amount required to be adequately capitalized	$ 72,458
Total risk-based capital, percent of assets required to be adequately capitalized	0.08	[1]
Total risk-based capital, excess capital amount	$ 44,304
Total risk-based capital, excess capital percent of assets	0.0489	[1]
Total risk-based capital, amount to be well capitalized under prompt corrective action provisions	$ 90,572
Total risk-based capital, percent of assets to be well capitalized under prompt corrective action provisions	0.10	[1]
[1]Based upon the Bank’s adjusted total assets for the purpose of the Tier 1 leverage capital ratio and risk-weighted assets for the purpose of the risk-based capital ratios.

Note 14 - Stockholders' Equity

Note 14 - Stockholders' Equity (Details Textual) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($) $ / shares shares
Treasury Stock, Shares, Acquired (in shares) | shares	0
Stock Repurchase Program, Authorized Amount | $	$ 5.4
Quarterly Dividend [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share) | $ / shares	$ 0.08

Note 15 - Commitments and Con_2

Note 15 - Commitments and Contingencies (Details Textual) $ in Millions	Mar. 31, 2024 USD ($)
Letters of Credit Issued and Available Amount	$ 7

Note 16 - Business Segments - P

Note 16 - Business Segments - Profit and Assets for the Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Interest income - external customers		$ 11,999	$ 9,913
Non-interest income - external customers		1,907	1,928
Intersegment interest income		0	0
Intersegment non-interest income		0	0
Interest expense		4,743	1,850
Provision for credit losses	[1]	(209)	(8)
Non-interest expense		7,551	7,693
Income tax expense		503	672
Net income		1,318	1,634
Total assets		1,151,215	1,071,582	$ 1,107,135
Consolidation, Eliminations [Member]
Interest income - external customers		0	0
Non-interest income - external customers		0	0
Intersegment interest income		(88)	(64)
Intersegment non-interest income		(1,503)	(1,806)
Interest expense		(88)	(64)
Provision for credit losses		0	0
Non-interest expense		(71)	(58)
Income tax expense		0	0
Net income		(1,432)	(1,748)
Total assets		(108,890)	(100,226)
Home Federal Savings Bank [Member] | Operating Segments [Member]
Interest income - external customers		11,999	9,913
Non-interest income - external customers		1,907	1,928
Intersegment interest income		0	0
Intersegment non-interest income		71	58
Interest expense		4,831	1,914
Provision for credit losses		(209)	(8)
Non-interest expense		7,389	7,542
Income tax expense		534	703
Net income		1,432	1,748
Total assets		1,151,160	1,071,577
Other Operating Segment [Member] | Operating Segments [Member]
Interest income - external customers		0	0
Non-interest income - external customers		0	0
Intersegment interest income		88	64
Intersegment non-interest income		1,432	1,748
Interest expense		0	0
Provision for credit losses		0	0
Non-interest expense		233	209
Income tax expense		(31)	(31)
Net income		1,318	1,634
Total assets		$ 108,945	$ 100,231
[1]The Company adopted Accounting Standard Update (ASU) 2016-13 as of January 1, 2023. The 2022 amount presented is calculated under the prior accounting standard.