10-K Filing

ESPEY MFG & ELECTRONICS CORP CIK: 33533 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001174947-22-001033`
Period End Date	20220630
Filing Date	20220922
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	esp10k0622_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 74 Cash Flow Statement 70 Stockholders Equity 36

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.80M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.10M	USD	Point-in-time
Investment securities	`AvailableForSaleSecuritiesDebtSecurities`	$3.09M	USD	Point-in-time
Investment securities	`AvailableForSaleSecuritiesDebtSecurities`	$3.71M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.13M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.13M	shares	Point-in-time
Trade accounts receivable, net of allowance of $3,000	`AccountsReceivableNetCurrent`	$5.73M	USD	Point-in-time
Trade accounts receivable, net of allowance of $3,000	`AccountsReceivableNetCurrent`	$5.35M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$249.60K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Unearned ESOP, shares	`CommonStockSharesHeldInEmployeeTrustShares`	256,293.00	shares	Point-in-time
Unearned ESOP, shares	`CommonStockSharesHeldInEmployeeTrustShares`	279,429.00	shares	Point-in-time
Raw materials	`InventoryRawMaterials`	$2.04M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	427,241.00	shares	Point-in-time
Raw materials	`InventoryRawMaterials`	$2.11M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	427,241.00	shares	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$315.55K	USD	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$326.20K	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$16.35M	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$16.21M	USD	Point-in-time
Total inventories	`InventoryNet`	$18.79M	USD	Point-in-time
Total inventories	`InventoryNet`	$18.56M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$992.77K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$700.30K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$37.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.99M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.80M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.99M	USD	Point-in-time
Total assets	`Assets`	$39.90M	USD	Point-in-time
Total assets	`Assets`	$37.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.72M	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$627.19K	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$475.67K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$672.61K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$666.38K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$126.01K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$752.55K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$55.29K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$409.88K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.38M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.08M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$54.72K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.62M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$168.56K	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$177.83K	USD	Point-in-time
Total liabilities	`Liabilities`	$7.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.65M	USD	Point-in-time
Commitments and Contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $.33-1/3 per share Authorized 10,000,000 shares; Issued 3,129,874 shares as of June 30, 2022 and 2021. Outstanding 2,702,633 as of June 30, 2022 and 2021 (includes 256,293 and 279,429 Unearned ESOP Shares, respectively)	`CommonStockValue`	$1.04M	USD	Point-in-time
Common stock, par value $.33-1/3 per share Authorized 10,000,000 shares; Issued 3,129,874 shares as of June 30, 2022 and 2021. Outstanding 2,702,633 as of June 30, 2022 and 2021 (includes 256,293 and 279,429 Unearned ESOP Shares, respectively)	`CommonStockValue`	$1.04M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$23.03M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$23.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.36K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.93K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.41M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$18.68M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$41.48M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$42.83M	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedEsopSharesCost`	$4.69M	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedEsopSharesCost`	$5.11M	USD	Point-in-time
Cost of 427,241 shares of common stock in treasury as of June 30, 2022 and 2021	`TreasuryStockValue`	$6.04M	USD	Point-in-time
Cost of 427,241 shares of common stock in treasury as of June 30, 2022 and 2021	`TreasuryStockValue`	$6.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$32.10M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$30.33M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$31.23M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$37.98M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$39.90M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$9.30M	USD	1 Quarter
Net sales	`Revenues`	$8.48M	USD	1 Quarter
Net sales	`Revenues`	$32.10M	USD	Annual
Net sales	`Revenues`	$6.96M	USD	1 Quarter
Net sales	`Revenues`	$7.46M	USD	1 Quarter
Net sales	`Revenues`	$7.27M	USD	1 Quarter
Net sales	`Revenues`	$4.21M	USD	1 Quarter
Net sales	`Revenues`	$27.73M	USD	Annual
Net sales	`Revenues`	$8.62M	USD	1 Quarter
Net sales	`Revenues`	$7.55M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$24.37M	USD	Annual
Cost of sales	`CostOfRevenue`	$26.63M	USD	Annual
Gross profit	`GrossProfit`	$-187.15K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$713.46K	USD	1 Quarter
Gross profit	`GrossProfit`	$1.21M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.36M	USD	Annual
Gross profit	`GrossProfit`	$5.47M	USD	Annual
Gross profit	`GrossProfit`	$1.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.35M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.94M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.79M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-426.14K	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$1.53M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$12.15K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$21.38K	USD	Annual
Other	`OtherNonoperatingIncome`	$51.76K	USD	Annual
Other	`OtherNonoperatingIncome`	$36.57K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$57.94K	USD	Annual
Total other income	`NonoperatingIncomeExpense`	$63.91K	USD	Annual
Income (loss) before provision (benefit) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-368.20K	USD	Annual
Income (loss) before provision (benefit) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.59M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$327.95K	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-186.65K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$306.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$661.36K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.20K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.07M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$276.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.27M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$189.82K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.01K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$879.75K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.54K	USD	Annual
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$746.00	USD	Annual
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$429.00	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-180.80K	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.27M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.52	USD	Annual
Basic	`EarningsPerShareBasic`	$-0.08	USD	Annual
Basic	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.08	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.27	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.52	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.43M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.41M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.43M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.41M	shares	Annual

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$306.06K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$661.36K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$21.20K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.07M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$276.51K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$1.27M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$189.82K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-181.01K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$879.75K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-181.54K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$176.70K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$133.66K	USD	Annual
Depreciation	`Depreciation`	$494.63K	USD	Annual
Depreciation	`Depreciation`	$519.81K	USD	Annual
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$353.90K	USD	Annual
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$325.07K	USD	Annual
Gain on disposal of assets	`GainLossOnDispositionOfAssets`	$119.00	USD	Annual
Gain on disposal of assets	`GainLossOnDispositionOfAssets`	-	USD	Annual
Loss on inventory reduction due to contract cancellation	`LossOnInventoryReductionDueToContractCancellation`	$710.21K	USD	Annual
Loss on inventory reduction due to contract cancellation	`LossOnInventoryReductionDueToContractCancellation`	-	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$9.27K	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-64.40K	USD	Annual
(Increase) decrease in trade accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.66M	USD	Annual
(Increase) decrease in trade accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$379.39K	USD	Annual
Decrease (increase) in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$249.60K	USD	Annual
Decrease (increase) in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-249.60K	USD	Annual
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$4.71M	USD	Annual
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$-231.44K	USD	Annual
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$303.41K	USD	Annual
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$292.48K	USD	Annual
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-639.00K	USD	Annual
Decrease in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-143.52K	USD	Annual
Increase in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$6.47K	USD	Annual
Increase in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$151.52K	USD	Annual
Decrease in vacation accrual	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-6.23K	USD	Annual
Decrease in vacation accrual	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-17.22K	USD	Annual
Increase (decrease) in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$626.54K	USD	Annual
Increase (decrease) in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-192.31K	USD	Annual
(Decrease) increase in payroll and other taxes withheld	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$222.91K	USD	Annual
(Decrease) increase in payroll and other taxes withheld	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-354.59K	USD	Annual
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$902.37K	USD	Annual
Increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$306.87K	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInIncomeTaxes`	$54.72K	USD	Annual
Increase (decrease) in income taxes payable	`IncreaseDecreaseInIncomeTaxes`	$-47.91K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.22M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$595.00K	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$303.56K	USD	Annual
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$43.55K	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfIntangibleAssets`	$2.00K	USD	Annual
Proceeds from sale of fixed assets	`ProceedsFromSaleOfIntangibleAssets`	-	USD	Annual
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleInSecurities`	$4.24M	USD	Annual
Purchase of investment securities	`PaymentsToAcquireAvailableForSaleInSecurities`	$5.44M	USD	Annual
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$3.62M	USD	Annual
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$7.49M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.01M	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-918.34K	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	-	USD	Annual
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$1.20M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Annual
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.30M	USD	Annual
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.40M	USD	Annual
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$6.80M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Cash and cash equivalents, beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$8.10M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashAndCashEquivalentsAtCarryingValue`	$6.80M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Cash and cash equivalents, end of the year	`CashAndCashEquivalentsAtCarryingValue`	$8.10M	USD	Point-in-time
Income taxes paid net of refunds	`IncomeTaxesPaid`	$14.37K	USD	Annual
Income taxes paid net of refunds	`IncomeTaxesPaid`	$175.25K	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Other comprehensive income, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$90.00	USD	Annual
Other comprehensive income, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$198.00	USD	Annual
Dividends paid per share	`CommonStockDividendsPerShareCashPaid`	$0.50	USD	Annual
Balance, beginning	`StockholdersEquity`	$32.10M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$30.33M	USD	Point-in-time
Balance, beginning	`StockholdersEquity`	$31.23M	USD	Point-in-time
Balance, beginning, shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Balance, beginning, shares	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Balance, beginning, shares	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$306.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$661.36K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.20K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.07M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$276.51K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.27M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$189.82K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.01K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$879.75K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-181.54K	USD	Annual
Other comprehensive income loss, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$746.00	USD	Annual
Other comprehensive income loss, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$429.00	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-180.80K	USD	Annual
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.27M	USD	Annual
Stock options exercised, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	-	shares	Annual
Stock-based compensation	`ShareBasedCompensation`	$176.70K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$133.66K	USD	Annual
Dividends paid on common stock per share	`DividendsCommonStockCash`	$1.20M	USD	Annual
Sale of stock to ESOP	`StockIssuedDuringPeriodValueTreasuryStockIssuedESOP`	-	USD	Annual
Reduction of unearned ESOP shares	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$353.90K	USD	Annual
Reduction of unearned ESOP shares	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$325.07K	USD	Annual
Balance, ending	`StockholdersEquity`	$32.10M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$30.33M	USD	Point-in-time
Balance, ending	`StockholdersEquity`	$31.23M	USD	Point-in-time
Balance, ending, common shares	`CommonStockSharesOutstanding`	2.40M	shares	Point-in-time
Balance, ending, common shares	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Balance, ending, common shares	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.