XML 65 R51.htm IDEA: XBRL DOCUMENT v3.24.1
Nature of Operations and Summary of Significant Accounting Policies - Narrative (Details)
12 Months Ended
Jan. 01, 2023
USD ($)
Dec. 31, 2023
USD ($)
branch
$ / shares
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Accounting Policies [Line Items]          
Federal Home Loan Bank stock and Federal Reserve Bank stock   $ 6,300,000 $ 6,500,000    
Impairment of investment in Federal Home Loan Bank stock and Federal Reserve Bank stock   0 0    
Shareholders' equity   (44,383,000) (59,583,000) $ (67,344,000) $ (63,219,000)
Allowance for credit loss $ 10,310,000 15,925,000 10,310,000 9,905,000 10,584,000
Unfunded commitment reserve 8,000        
Increase in deferred tax assets       (1,900,000)  
Deferred tax assets, valuation allowance   0      
Deferred tax assets   24,134,000 15,527,000    
Unrecognized tax benefits   0 0    
Transition adjustment related to adoption of ASC326, net of tax          
Accounting Policies [Line Items]          
Shareholders' equity 11,500,000   11,510,000    
Allowance for credit loss 13,001,000   13,001,000    
Unfunded commitment reserve 2,737,000        
Increase in deferred tax assets $ 4,200,000        
Accumulated Deficit          
Accounting Policies [Line Items]          
Shareholders' equity   $ 47,026,000 31,337,000 $ 37,498,000 $ 42,592,000
Accumulated Deficit | Transition adjustment related to adoption of ASC326, net of tax          
Accounting Policies [Line Items]          
Shareholders' equity     11,510,000    
Vesting Period One | Restricted Stock          
Accounting Policies [Line Items]          
Vesting period   3 years      
Vesting Period Two | Restricted Stock          
Accounting Policies [Line Items]          
Vesting period   4 years      
Vesting Period Three | Restricted Stock          
Accounting Policies [Line Items]          
Vesting period   5 years      
Core Deposits          
Accounting Policies [Line Items]          
Finite-lived intangible asset, useful life   10 years      
Minimum          
Accounting Policies [Line Items]          
Estimated useful lives   3 years      
Maximum          
Accounting Policies [Line Items]          
Estimated useful lives   40 years      
Federal Home Loan Bank Certificates and Obligations (FHLB)          
Accounting Policies [Line Items]          
Stock value par value (in usd per share) | $ / shares   $ 100      
SBA Loan Fund          
Accounting Policies [Line Items]          
Debt securities   $ 4,500,000 $ 4,500,000    
Connecticut          
Accounting Policies [Line Items]          
Number of operating branches | branch   8      
New York          
Accounting Policies [Line Items]          
Number of operating branches | branch   1