10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-023647 |
| Period End Date | 20230630 |
| Filing Date | 20230814 |
| Fiscal Year | 2023 |
| Fiscal Period | Q2 |
| XBRL Instance | fmfg20230630_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
- | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
$60.59K | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$11.03M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$6.41M | USD | Point-in-time |
| Held-to-Maturity, Allowance for Credit Loss |
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
|
$50.45K | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$4.65M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$3.65M | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$848.72K | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$4.15M | USD | Point-in-time |
| Federal funds sold and other interest-bearing deposits |
FederalFundsSoldAndOtherInterestBearingDeposits
|
$1.25M | USD | Point-in-time |
| Loans, allowance for credit loss |
FinancingReceivableAllowanceForCreditLosses
|
$3.65M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$7.26M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$12.29M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Certificates of deposit in other banks |
TimeDepositsAtCarryingValue
|
$100.00K | USD | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Common stock, share authorized (in shares) |
CommonStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.07M | shares | Point-in-time |
| Common stock, share issued (in shares) |
CommonStockSharesIssued
|
3.09M | shares | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$119.76M | USD | Point-in-time |
| Securities available for sale, at fair value |
AvailableForSaleSecuritiesDebtSecurities
|
$126.31M | USD | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.07M | shares | Point-in-time |
| Securities held to maturity, at amortized cost less allowance for credit losses of $50,445 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.19M | USD | Point-in-time |
| Common stock, share outstanding (in shares) |
CommonStockSharesOutstanding
|
3.09M | shares | Point-in-time |
| Securities held to maturity, at amortized cost less allowance for credit losses of $50,445 and $0 |
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
|
$20.51M | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$493.49K | USD | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$489.14K | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$1.33M | USD | Point-in-time |
| Restricted stock, at cost |
FederalHomeLoanBankStock
|
$1.08M | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
- | USD | Point-in-time |
| Mortgage loans held for sale |
MortgageLoansOnRealEstate
|
$428.36K | USD | Point-in-time |
| Loans, less allowance for credit losses of $4,646,836 and $4,150,198 |
NotesReceivableNet
|
$516.92M | USD | Point-in-time |
| Loans, less allowance for credit losses of $4,646,836 and $4,150,198 |
NotesReceivableNet
|
$531.00M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.19M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$6.05M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.83M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.82M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$8.75M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$8.39M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.24M | USD | Point-in-time |
| Other real estate owned, net |
OtherRealEstate
|
$1.24M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$14.59M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$14.76M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.04M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$7.04M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.69M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.59M | USD | Point-in-time |
| Assets |
Assets
|
$730.26M | USD | Point-in-time |
| Assets |
Assets
|
$718.21M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$120.97M | USD | Point-in-time |
| Noninterest-bearing |
NoninterestBearingDepositLiabilities
|
$126.70M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$510.84M | USD | Point-in-time |
| Interest-bearing |
InterestBearingDepositLiabilities
|
$496.92M | USD | Point-in-time |
| Total deposits |
Deposits
|
$623.61M | USD | Point-in-time |
| Total deposits |
Deposits
|
$631.81M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$5.18M | USD | Point-in-time |
| Securities sold under repurchase agreements |
SecuritiesSoldUnderAgreementsToRepurchase
|
$4.06M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$20.00M | USD | Point-in-time |
| Federal Home Loan Bank of Atlanta advances |
AdvancesFromFederalHomeLoanBanks
|
$14.00M | USD | Point-in-time |
| Federal Reserve Bank advances |
FederalFundsPurchased
|
- | USD | Point-in-time |
| Federal Reserve Bank advances |
FederalFundsPurchased
|
$10.00M | USD | Point-in-time |
| Long-term debt, net of issuance costs |
LongTermDebt
|
$15.10M | USD | Point-in-time |
| Long-term debt, net of issuance costs |
LongTermDebt
|
$14.15M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$1.12M | USD | Point-in-time |
| Accrued interest payable |
InterestPayableCurrentAndNoncurrent
|
$349.91K | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$5.28M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$6.20M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$680.43M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$670.44M | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,090,368 shares in 2023 and 3,071,214 in 2022 |
CommonStockValue
|
$30.90K | USD | Point-in-time |
| Common stock, par value $.01 per share, authorized 5,000,000 shares; issued and outstanding 3,090,368 shares in 2023 and 3,071,214 in 2022 |
CommonStockValue
|
$30.71K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$29.55M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$29.94M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$37.51M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$35.30M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-17.65M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-17.11M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$52.21M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Equity, Attributable to Parent |
StockholdersEquity
|
$50.76M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$718.21M | USD | Point-in-time |
| Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$730.26M | USD | Point-in-time |
Income Statement
116 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$12.41M | USD | 2 Qtrs |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$6.37M | USD | 1 Quarter |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$11.05M | USD | 2 Qtrs |
| Loans, including fees |
InterestAndFeeIncomeLoansAndLeases
|
$5.37M | USD | 1 Quarter |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$770.00K | USD | 1 Quarter |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$1.39M | USD | 2 Qtrs |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$742.09K | USD | 1 Quarter |
| Investment securities - taxable |
InterestIncomeSecuritiesTaxable
|
$1.53M | USD | 2 Qtrs |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$279.37K | USD | 2 Qtrs |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$139.53K | USD | 1 Quarter |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$290.31K | USD | 2 Qtrs |
| Investment securities - tax exempt |
InterestIncomeSecuritiesTaxExempt
|
$140.82K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$21.89K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$105.97K | USD | 1 Quarter |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$34.30K | USD | 2 Qtrs |
| Federal funds sold and other interest earning assets |
InterestIncomeFromFederalFundssOldAndOtherInterestEarningAssets
|
$210.90K | USD | 2 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$7.38M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$12.76M | USD | 2 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$14.44M | USD | 2 Qtrs |
| Total interest income |
InterestAndDividendIncomeOperating
|
$6.28M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$2.77M | USD | 2 Qtrs |
| Deposits |
InterestExpenseDeposits
|
$1.74M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$319.20K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$657.76K | USD | 2 Qtrs |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$2.43K | USD | 1 Quarter |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$5.68K | USD | 2 Qtrs |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$7.50K | USD | 1 Quarter |
| Securities sold under repurchase agreements |
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
|
$11.84K | USD | 2 Qtrs |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$25.04K | USD | 2 Qtrs |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$208.54K | USD | 1 Quarter |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$412.98K | USD | 2 Qtrs |
| Federal Home Loan Bank advances |
InterestExpenseLoansFromOtherFederalHomeLoanBanks
|
$12.59K | USD | 1 Quarter |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
- | USD | 1 Quarter |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$13.26K | USD | 2 Qtrs |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
- | USD | 2 Qtrs |
| Federal Reserve Bank advances |
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
|
$13.00K | USD | 1 Quarter |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$340.11K | USD | 2 Qtrs |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$299.95K | USD | 2 Qtrs |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$168.74K | USD | 1 Quarter |
| Long-term debt |
InterestExpenseOtherLongTermDebt
|
$148.39K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$2.11M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$3.51M | USD | 2 Qtrs |
| Total interest expense |
InterestExpense
|
$502.96K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$1.03M | USD | 2 Qtrs |
| Net interest income |
InterestIncomeExpenseNet
|
$5.77M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$10.93M | USD | 2 Qtrs |
| Net interest income |
InterestIncomeExpenseNet
|
$11.74M | USD | 2 Qtrs |
| Net interest income |
InterestIncomeExpenseNet
|
$5.27M | USD | 1 Quarter |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
- | USD | 1 Quarter |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
$-495.00K | USD | 2 Qtrs |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
$-225.00K | USD | 1 Quarter |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
- | USD | 2 Qtrs |
| Net interest income after recovery of credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$11.42M | USD | 2 Qtrs |
| Net interest income after recovery of credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$5.77M | USD | 1 Quarter |
| Net interest income after recovery of credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$11.74M | USD | 2 Qtrs |
| Net interest income after recovery of credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$5.50M | USD | 1 Quarter |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$187.67K | USD | 2 Qtrs |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$58.93K | USD | 2 Qtrs |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$64.99K | USD | 1 Quarter |
| Mortgage banking income |
FeesAndCommissionsMortgageBankingAndServicing
|
$33.64K | USD | 1 Quarter |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$171.85K | USD | 2 Qtrs |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$109.26K | USD | 2 Qtrs |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$56.27K | USD | 1 Quarter |
| Bank owned life insurance income |
BankOwnedLifeInsuranceIncome
|
$88.74K | USD | 1 Quarter |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-44.91K | USD | 2 Qtrs |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-18.10K | USD | 1 Quarter |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-7.34K | USD | 1 Quarter |
| Fair value adjustment on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-1.57K | USD | 2 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$64.52K | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 2 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | 2 Qtrs |
| Total noninterest income |
NoninterestIncome
|
$403.25K | USD | 1 Quarter |
| Total noninterest income |
NoninterestIncome
|
$785.66K | USD | 2 Qtrs |
| Total noninterest income |
NoninterestIncome
|
$937.45K | USD | 2 Qtrs |
| Total noninterest income |
NoninterestIncome
|
$441.64K | USD | 1 Quarter |
| Salaries |
LaborAndRelatedExpense
|
$3.73M | USD | 2 Qtrs |
| Salaries |
LaborAndRelatedExpense
|
$3.67M | USD | 2 Qtrs |
| Salaries |
LaborAndRelatedExpense
|
$1.93M | USD | 1 Quarter |
| Salaries |
LaborAndRelatedExpense
|
$1.85M | USD | 1 Quarter |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$541.17K | USD | 1 Quarter |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$437.62K | USD | 1 Quarter |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$949.41K | USD | 2 Qtrs |
| Employee benefits |
EmployeeBenefitsAndShareBasedCompensation
|
$1.14M | USD | 2 Qtrs |
| Occupancy |
OccupancyNet
|
$202.15K | USD | 1 Quarter |
| Occupancy |
OccupancyNet
|
$441.67K | USD | 2 Qtrs |
| Occupancy |
OccupancyNet
|
$213.24K | USD | 1 Quarter |
| Occupancy |
OccupancyNet
|
$416.26K | USD | 2 Qtrs |
| Furniture and equipment |
EquipmentExpense
|
$439.21K | USD | 2 Qtrs |
| Furniture and equipment |
EquipmentExpense
|
$224.59K | USD | 1 Quarter |
| Furniture and equipment |
EquipmentExpense
|
$252.92K | USD | 1 Quarter |
| Furniture and equipment |
EquipmentExpense
|
$492.65K | USD | 2 Qtrs |
| Other |
OtherNoninterestExpense
|
$838.91K | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$1.67M | USD | 2 Qtrs |
| Other |
OtherNoninterestExpense
|
$764.88K | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$1.87M | USD | 2 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$3.69M | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$7.37M | USD | 2 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$7.44M | USD | 2 Qtrs |
| Total noninterest expense |
NoninterestExpense
|
$3.57M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.77M | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.21M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$5.31M | USD | 2 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.65M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.20M | USD | 2 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$1.19M | USD | 2 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$543.32K | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$594.51K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.57M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.67M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.10M | USD | 2 Qtrs |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$1.35 | USD | 2 Qtrs |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$1.16 | USD | 2 Qtrs |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$0.54 | USD | 1 Quarter |
| Earnings per share - basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$0.67 | USD | 1 Quarter |
Cash Flow Statement
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$2.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.57M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.67M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.10M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$232.91K | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAmortizationAndAccretionNet
|
$256.74K | USD | 2 Qtrs |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
- | USD | 1 Quarter |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
$-495.00K | USD | 2 Qtrs |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
$-225.00K | USD | 1 Quarter |
| Recovery of credit losses |
ProvisionForLoanLossesExpensed
|
- | USD | 2 Qtrs |
| Amortization (accretion) of right of use asset |
RightofuseAssetAmortization
|
$-2.25K | USD | 2 Qtrs |
| Amortization (accretion) of right of use asset |
RightofuseAssetAmortization
|
$3.57K | USD | 2 Qtrs |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$5.92K | USD | 2 Qtrs |
| Equity security dividends reinvested |
EquitySecurityDividendsReinvested
|
$2.97K | USD | 2 Qtrs |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-44.91K | USD | 2 Qtrs |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-18.10K | USD | 1 Quarter |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-7.34K | USD | 1 Quarter |
| Unrealized loss on equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-1.57K | USD | 2 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$64.52K | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
- | USD | 2 Qtrs |
| Gain on sale of SBA loans |
GainLossOnSalesOfLoansNet
|
$158.12K | USD | 2 Qtrs |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
$9.00K | USD | 2 Qtrs |
| Gain on sale of premises and equipment |
GainLossOnDispositionOfAssets
|
- | USD | 2 Qtrs |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
$32.01K | USD | 2 Qtrs |
| Gain on fair value hedge |
DerivativeGainLossOnDerivativeNet
|
- | USD | 2 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$2.81K | USD | 2 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$2.81K | USD | 2 Qtrs |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-12.13K | USD | 2 Qtrs |
| Amortization of premiums and (accretion of discounts), net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$217.36K | USD | 2 Qtrs |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$171.85K | USD | 2 Qtrs |
| Bank owned life insurance cash surrender value |
IncreaseDecreaseInBankOwnedLifeInsuranceCashSurrenderValue
|
$109.26K | USD | 2 Qtrs |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$8.29K | USD | 2 Qtrs |
| Deferred loan fees and costs, net |
IncreaseDecreaseInOtherDeferredLiability
|
$-154.67K | USD | 2 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-27.16K | USD | 2 Qtrs |
| Accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$771.05K | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-741.43K | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-896.98K | USD | 2 Qtrs |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-126.50K | USD | 2 Qtrs |
| Mortgage loans held for sale |
IncreaseDecreaseInMortgageLoansHeldforsaleExcludingCollectionOfMortgageLoansHeldforsale
|
$-428.36K | USD | 2 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$9.64K | USD | 2 Qtrs |
| Accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$-21.69K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$332.78K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$125.48K | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.30M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.79M | USD | 2 Qtrs |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$12.54M | USD | 2 Qtrs |
| Proceeds from maturity and call of securities, Available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$5.61M | USD | 2 Qtrs |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$1.35M | USD | 2 Qtrs |
| Proceeds from maturity and call of securities, Held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$330.00K | USD | 2 Qtrs |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$18.24M | USD | 2 Qtrs |
| Purchase of securities, Available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 2 Qtrs |
| Purchases of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
$250.00K | USD | 2 Qtrs |
| Purchases of certificates of deposit |
ProceedsFromSaleOfRestrictedInvestments
|
- | USD | 2 Qtrs |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$9.66M | USD | 2 Qtrs |
| Loans made to customers, net of principal collected |
PaymentsForProceedsFromLoansMadeToCustomersNetOfPrincipalCollected
|
$13.95M | USD | 2 Qtrs |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
- | USD | 2 Qtrs |
| Proceeds from sale of loans |
ProceedsFromSaleOfLoansReceivable
|
$1.25M | USD | 2 Qtrs |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$-255.00K | USD | 2 Qtrs |
| Redemption (purchase) of stock in FHLB of Atlanta |
PaymentsForProceedsFromFederalHomeLoanBankStock
|
$19.60K | USD | 2 Qtrs |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 2 Qtrs |
| Proceeds from sale of premises and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$9.00K | USD | 2 Qtrs |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$179.84K | USD | 2 Qtrs |
| Purchases of premises, equipment and software |
PaymentsToAcquireProductiveAssets
|
$102.44K | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.70M | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-7.85M | USD | 2 Qtrs |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$11.02M | USD | 2 Qtrs |
| Noninterest-bearing deposits |
NetChangeNoninterestBearingDepositsDomestic
|
$-5.72M | USD | 2 Qtrs |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$13.98M | USD | 2 Qtrs |
| Interest-bearing deposits |
NetChangeInterestBearingDepositsDomestic
|
$-7.88M | USD | 2 Qtrs |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$235.42K | USD | 2 Qtrs |
| Securities sold under repurchase agreements |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$-1.11M | USD | 2 Qtrs |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
- | USD | 2 Qtrs |
| Federal Reserve Bank advances |
ProceedsFromFederalReserveBankAdvances
|
$10.00M | USD | 2 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
$-6.00M | USD | 2 Qtrs |
| Federal Home Loan Bank of Atlanta advances |
ProceedsFromPaymentsForFederalHomeLoanBankAdvances
|
- | USD | 2 Qtrs |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$944.44K | USD | 2 Qtrs |
| Long-term debt principal payments |
RepaymentsOfLongTermDebt
|
$944.44K | USD | 2 Qtrs |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$601.36K | USD | 2 Qtrs |
| Dividends paid, net of reinvestments |
PaymentsOfDividends
|
$629.58K | USD | 2 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$9.57M | USD | 2 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.83M | USD | 2 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$5.02M | USD | 2 Qtrs |
| Net (decrease) increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-8.07M | USD | 2 Qtrs |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.26M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.29M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$18.39M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$7.26M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$12.29M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$26.46M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$18.39M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaidNet
|
$2.78M | USD | 2 Qtrs |
| Cash paid during the period for interest |
InterestPaidNet
|
$1.14M | USD | 2 Qtrs |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$1.30M | USD | 2 Qtrs |
| Cash paid during the period for income taxes |
IncomeTaxesPaidNet
|
$1.91M | USD | 2 Qtrs |
| Net unrealized loss on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-16.46M | USD | 2 Qtrs |
| Net unrealized loss on securities available for sale |
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
$-857.91K | USD | 2 Qtrs |
Stockholders Equity
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 2 Qtrs |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 1 Quarter |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 1 Quarter |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.31 | USD | 2 Qtrs |
| Balance |
StockholdersEquity
|
$52.21M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$50.76M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$2.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.57M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.67M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.10M | USD | 2 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-540.72K | USD | 2 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-11.93M | USD | 2 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-5.47M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-1.97M | USD | 1 Quarter |
| Cash dividends, $0.31 per share |
DividendsCash
|
$1.01M | USD | 1 Quarter |
| Cash dividends, $0.31 per share |
DividendsCash
|
$1.01M | USD | 2 Qtrs |
| Cash dividends, $0.31 per share |
DividendsCash
|
$941.58K | USD | 2 Qtrs |
| Cash dividends, $0.31 per share |
DividendsCash
|
$941.58K | USD | 1 Quarter |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$340.22K | USD | 1 Quarter |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$383.92K | USD | 2 Qtrs |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$391.77K | USD | 1 Quarter |
| Dividends reinvested |
AdjustmentsRelatedToCapitalDividendsReinvestedAdjustment
|
$340.22K | USD | 2 Qtrs |
| Balance |
StockholdersEquity
|
$52.21M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$49.83M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$56.62M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$47.77M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$48.19M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$50.76M | USD | Point-in-time |
Comprehensive Income
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$2.05M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.57M | USD | 2 Qtrs |
| Net income |
NetIncomeLoss
|
$1.67M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.10M | USD | 2 Qtrs |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-765.01K | USD | 2 Qtrs |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-2.72M | USD | 1 Quarter |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-16.46M | USD | 2 Qtrs |
| Net unrealized loss arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-7.54M | USD | 1 Quarter |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-2.72M | USD | 1 Quarter |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-765.01K | USD | 2 Qtrs |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-16.46M | USD | 2 Qtrs |
| Total unrealized loss on investment securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-7.54M | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-4.53M | USD | 2 Qtrs |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-224.29K | USD | 2 Qtrs |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-748.38K | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-2.08M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.97M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-11.93M | USD | 2 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-540.72K | USD | 2 Qtrs |
| Total other comprehensive loss |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-5.47M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$3.03M | USD | 2 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-301.16K | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-7.83M | USD | 2 Qtrs |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-3.42M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.