2023 Q1 Form 10-Q Financial Statement

#000155837023001269 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue $1.305M $1.211M $785.5K
YoY Change 66.26% 54.16%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.59K $15.18K $17.42K
YoY Change 3.52% -12.86%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $160.6K $84.99K $84.48K
YoY Change 115.0% 0.6%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $86.58K -$629.4K -$145.2K
YoY Change 32.2% 333.38%
Income Tax -$3.438K -$136.6K -$37.45K
% Of Pretax Income -3.97%
Net Earnings $90.02K -$492.8K -$107.8K
YoY Change 50.91% 357.23%
Net Earnings / Revenue 6.9% -40.7% -13.72%
Basic Earnings Per Share $0.05 -$0.28
Diluted Earnings Per Share $0.05 -$0.28 -$56.06K
COMMON SHARES
Basic Shares Outstanding 1.923M 1.923M
Diluted Shares Outstanding 1.769M 1.769M

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $24.50M $18.57M $31.55M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $1.401M $1.369M $1.396M
YoY Change 1.29% -1.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $159.8M $146.9M $138.6M
YoY Change 16.6% 6.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $310.1K $1.103M $296.5K
YoY Change 19.46% 271.95%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $310.1K $1.103M $296.5K
YoY Change 19.46% 271.95%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $460.4K $767.9K $729.7K
YoY Change -1.72% 5.23%
Total Long-Term Liabilities $460.4K $767.9K $729.7K
YoY Change -1.72% 5.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $310.1K $1.103M $296.5K
Total Long-Term Liabilities $460.4K $767.9K $729.7K
Total Liabilities $120.4M $108.0M $113.3M
YoY Change 6.63% -4.7%
SHAREHOLDERS EQUITY
Retained Earnings $25.21M $25.12M
YoY Change -0.82%
Common Stock $19.23K $19.23K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $39.42M $38.88M $25.25M
YoY Change
Total Liabilities & Shareholders Equity $159.8M $146.9M $138.6M
YoY Change 16.6% 6.0%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income $90.02K -$492.8K -$107.8K
YoY Change 50.91% 357.23%
Depreciation, Depletion And Amortization $15.59K $15.18K $17.42K
YoY Change 3.52% -12.86%
Cash From Operating Activities -$907.2K $255.0K $3.880K
YoY Change 109.73% 6470.88%
INVESTING ACTIVITIES
Capital Expenditures $47.55K $27.96K $1.490K
YoY Change -1964.71% 1776.51%
Acquisitions
YoY Change
Other Investing Activities -$6.314M $454.9K $9.907M
YoY Change -26.96% -95.41%
Cash From Investing Activities -$6.362M $426.9K $9.909M
YoY Change -26.44% -95.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.20M 440.4K 11.10M
YoY Change -3752.79% -96.03%
NET CHANGE
Cash From Operating Activities -907.2K 255.0K 3.880K
Cash From Investing Activities -6.362M 426.9K 9.909M
Cash From Financing Activities 13.20M 440.4K 11.10M
Net Change In Cash 5.929M 1.122M 21.01M
YoY Change -162.79% -94.66%
FREE CASH FLOW
Cash From Operating Activities -$907.2K $255.0K $3.880K
Capital Expenditures $47.55K $27.96K $1.490K
Free Cash Flow -$954.7K $227.0K $2.390K
YoY Change 122.03% 9397.49%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1922924
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1769090
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1644100
dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Central Index Key
EntityCentralIndexKey
0001913838
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Amendment Flag
AmendmentFlag
false
tmb Banking Regulation Tier1 Leverage Capital Ratio Grace Period
BankingRegulationTier1LeverageCapitalRatioGracePeriod
P6M
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1769090
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1644100
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-56459
dei Entity Registrant Name
EntityRegistrantName
VWF Bancorp, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
88-1256373
dei Entity Address Address Line1
EntityAddressAddressLine1
976 South Shannon Street
dei Entity Address City Or Town
EntityAddressCityOrTown
Van Wert
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
45891
dei City Area Code
CityAreaCode
419
dei Local Phone Number
LocalPhoneNumber
238-9662
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
CY2022Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
735000
CY2022Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1470000
CY2022Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
18566567
CY2022Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
36711842
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
39417705
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2673859
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2094759
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
24494410
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
222884
CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
222884
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
79882224
CY2022Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
77710188
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1369218
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1371634
CY2022Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
668700
CY2022Q2 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
1012900
CY2022Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
5166940
CY2022Q2 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
5112083
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
339531
CY2022Q2 us-gaap Interest Receivable
InterestReceivable
219195
CY2022Q4 us-gaap Other Assets
OtherAssets
714131
CY2022Q2 us-gaap Other Assets
OtherAssets
1460297
CY2022Q4 us-gaap Assets
Assets
146860016
CY2022Q2 us-gaap Assets
Assets
149562549
CY2022Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
28190952
CY2022Q2 us-gaap Demand Deposit Accounts
DemandDepositAccounts
26037580
CY2022Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
44871120
CY2022Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
48735574
CY2022Q4 us-gaap Time Deposits
TimeDeposits
33044407
CY2022Q2 us-gaap Time Deposits
TimeDeposits
35217055
CY2022Q4 us-gaap Deposits
Deposits
106106479
CY2022Q2 us-gaap Deposits
Deposits
109990209
CY2022Q4 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
767846
CY2022Q2 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
615735
CY2022Q2 tmb Stock Subscriptions Held In Escrow
StockSubscriptionsHeldInEscrow
15315230
CY2022Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
1102876
CY2022Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
274269
CY2022Q4 us-gaap Liabilities
Liabilities
107977201
CY2022Q2 us-gaap Liabilities
Liabilities
126195443
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
14000000
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
14000000
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
1922924
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
19229
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17875071
CY2022Q4 tmb Employee Stock Ownership Plan Shares Acquired
EmployeeStockOwnershipPlanSharesAcquired
1461422
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25123796
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
25461865
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
38882815
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
23367106
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
146860016
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
149562549
CY2022Q4 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
724909
CY2021Q4 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
682304
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
1411986
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
1363056
CY2022Q4 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
316481
CY2021Q4 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
78256
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
510698
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
156343
CY2022Q4 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
169478
CY2021Q4 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
24920
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
309356
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
53619
CY2022Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1210868
CY2021Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
785480
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2232040
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
1573018
CY2022Q4 us-gaap Interest Expense Deposits
InterestExpenseDeposits
84968
CY2021Q4 us-gaap Interest Expense Deposits
InterestExpenseDeposits
84482
us-gaap Interest Expense Deposits
InterestExpenseDeposits
156181
us-gaap Interest Expense Deposits
InterestExpenseDeposits
179009
CY2022Q4 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
22
CY2021Q4 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
1
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
22
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
1
CY2022Q4 us-gaap Interest Expense
InterestExpense
84990
CY2021Q4 us-gaap Interest Expense
InterestExpense
84483
us-gaap Interest Expense
InterestExpense
156203
us-gaap Interest Expense
InterestExpense
179010
CY2022Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1125878
CY2021Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
700997
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2075837
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1394008
CY2022Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1125878
CY2021Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
700997
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
2075837
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1394008
CY2022Q4 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
27432
CY2021Q4 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
27398
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
54857
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
54764
CY2022Q4 us-gaap Noninterest Income Other
NoninterestIncomeOther
24241
CY2021Q4 us-gaap Noninterest Income Other
NoninterestIncomeOther
27167
us-gaap Noninterest Income Other
NoninterestIncomeOther
50991
us-gaap Noninterest Income Other
NoninterestIncomeOther
54088
CY2022Q4 us-gaap Noninterest Income
NoninterestIncome
51673
CY2021Q4 us-gaap Noninterest Income
NoninterestIncome
54565
us-gaap Noninterest Income
NoninterestIncome
105848
us-gaap Noninterest Income
NoninterestIncome
108852
CY2022Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
406872
CY2021Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
350614
us-gaap Labor And Related Expense
LaborAndRelatedExpense
792389
us-gaap Labor And Related Expense
LaborAndRelatedExpense
706950
CY2022Q4 tmb Pension Plan Withdrawal
PensionPlanWithdrawal
930000
tmb Pension Plan Withdrawal
PensionPlanWithdrawal
930000
CY2022Q4 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
35000
CY2021Q4 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
43500
us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
70000
us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
95500
CY2022Q4 us-gaap Occupancy Net
OccupancyNet
56301
CY2021Q4 us-gaap Occupancy Net
OccupancyNet
55852
us-gaap Occupancy Net
OccupancyNet
113349
us-gaap Occupancy Net
OccupancyNet
90027
CY2022Q4 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
62754
CY2021Q4 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
57431
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
125086
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
114230
CY2022Q4 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
38825
CY2021Q4 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
34927
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
77650
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
69780
CY2022Q4 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
9000
CY2021Q4 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
8100
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
18900
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
16300
CY2022Q4 us-gaap Professional Fees
ProfessionalFees
180747
CY2021Q4 us-gaap Professional Fees
ProfessionalFees
34106
us-gaap Professional Fees
ProfessionalFees
336443
us-gaap Professional Fees
ProfessionalFees
73005
CY2021Q4 us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-291198
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-291198
CY2022Q4 us-gaap Other Noninterest Expense
OtherNoninterestExpense
87494
CY2021Q4 us-gaap Other Noninterest Expense
OtherNoninterestExpense
96429
us-gaap Other Noninterest Expense
OtherNoninterestExpense
166062
us-gaap Other Noninterest Expense
OtherNoninterestExpense
191106
CY2022Q4 us-gaap Noninterest Expense
NoninterestExpense
1806993
CY2021Q4 us-gaap Noninterest Expense
NoninterestExpense
972157
us-gaap Noninterest Expense
NoninterestExpense
2629879
us-gaap Noninterest Expense
NoninterestExpense
1648096
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-629442
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-216595
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-448194
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-145236
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-136596
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-44865
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-110125
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-37446
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-492846
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-171730
us-gaap Net Income Loss
NetIncomeLoss
-338069
us-gaap Net Income Loss
NetIncomeLoss
-107790
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1769090
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1644100
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-492846
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-171730
us-gaap Net Income Loss
NetIncomeLoss
-338069
us-gaap Net Income Loss
NetIncomeLoss
-107790
CY2022Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
361406
CY2021Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
3468
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-733038
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-45269
CY2022Q4 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
75895
CY2021Q4 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
728
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-153938
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-9507
CY2022Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
285511
CY2021Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2740
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-579100
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-35762
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-207335
CY2021Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-168990
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-917169
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-143552
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
38983759
CY2022Q4 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
106391
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-492846
CY2022Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
285511
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
38882815
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
25421414
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-171730
CY2021Q4 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
2740
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
25252424
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
23367106
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
16326487
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
106391
us-gaap Net Income Loss
NetIncomeLoss
-338069
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-579100
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
38882815
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
25395976
us-gaap Net Income Loss
NetIncomeLoss
-107790
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-35762
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
25252424
us-gaap Profit Loss
ProfitLoss
-338069
us-gaap Profit Loss
ProfitLoss
-107790
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
30374
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
33860
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
31185
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
55243
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9122
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7300
us-gaap Debt Securities Available For Sale Gain Loss
DebtSecuritiesAvailableForSaleGainLoss
-291198
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
54857
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
54764
us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
106391
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
120336
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
5103
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1719588
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
69236
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1383398
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-2172036
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-3035580
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136108
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
735000
us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
1470000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
17356660
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
2602262
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9708443
tmb Proceeds From Maturities Prepayment And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentAndCallsOfAvailableForSaleSecurities
1669143
tmb Proceeds From Maturities Prepayment And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentAndCallsOfAvailableForSaleSecurities
2718358
CY2022Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
24494410
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27958
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8478
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
344200
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16808311
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8250481
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-3883730
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
11351502
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
152111
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
150374
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1011257
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2720362
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11501876
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18145275
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19888465
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36711842
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11660839
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18566567
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31549304
us-gaap Interest Paid Net
InterestPaidNet
156174
us-gaap Interest Paid Net
InterestPaidNet
178965
us-gaap Stock Issued1
StockIssued1
15315230
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 18pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 12pt 18pt;">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, valuation of deferred tax assets and fair values of financial instruments.</p>
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-492846
us-gaap Net Income Loss
NetIncomeLoss
-338069
CY2022Q4 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1922924
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
1787065
CY2022Q4 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
153834
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
142965
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1769090
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1644100
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.28
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
42802337
us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
2002
us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
3386634
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
39417705
CY2022Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
27146004
CY2022 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
8405
CY2022 us-gaap Available For Sale Debt Securities Gross Unrealized Loss
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
2659999
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
6422881
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
5919876
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
3140211
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
2756690
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
2005128
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1587912
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
11568220
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
10264478
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
31234117
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
29153227
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
42802337
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
39417705
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2022Q4 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
9708000
CY2021Q4 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
9708000
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
291000
CY2021Q4 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
291000
CY2022Q4 tmb Investments In Debt Securities Reported Less Than Historical Cost Fair Value
InvestmentsInDebtSecuritiesReportedLessThanHistoricalCostFairValue
39354000
CY2022Q2 tmb Investments In Debt Securities Reported Less Than Historical Cost Fair Value
InvestmentsInDebtSecuritiesReportedLessThanHistoricalCostFairValue
22517000
tmb Investments In Debt Securities Reported Less Than Historical Cost Percentage
InvestmentsInDebtSecuritiesReportedLessThanHistoricalCostPercentage
0.998
CY2022 tmb Investments In Debt Securities Reported Less Than Historical Cost Percentage
InvestmentsInDebtSecuritiesReportedLessThanHistoricalCostPercentage
0.919
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
29814930
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1525232
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
9539237
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1861402
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
39354167
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3386634
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
15865151
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1469051
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
6651409
CY2022Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1190948
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
22516560
CY2022Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
2659999
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
83211288
CY2022Q2 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
82267595
CY2022Q4 us-gaap Financing Receivable Loan In Process
FinancingReceivableLoanInProcess
3092532
CY2022Q2 us-gaap Financing Receivable Loan In Process
FinancingReceivableLoanInProcess
4324320
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-13648
CY2022Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-10203
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
79882224
CY2022Q2 us-gaap Notes Receivable Net
NotesReceivableNet
77710188
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2021Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2021Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
222884
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1253
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
221631
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
266935
CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
82944353
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2734
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
220150
CY2022Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
359263
CY2022Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
81908332
CY2022Q4 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
83211288
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
40027
CY2022Q2 us-gaap Financing Receivable Before Allowance For Credit Loss And Fee
FinancingReceivableBeforeAllowanceForCreditLossAndFee
82267595
CY2022Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
133681
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
205357
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
205357
CY2022Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
266935
CY2022Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
266935
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1253
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
296204
CY2022Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
296204
CY2022Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
359263
CY2022Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
359263
CY2022Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2734
CY2022Q4 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
267929000
CY2022Q4 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
3012000
CY2021Q4 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
163448000
CY2021Q4 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
3286000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
268725000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
5339000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
164653000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
4671000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2022 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2022 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2022Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
1
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.2256
CY2022Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.1754
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
0
CY2022Q4 us-gaap Contractual Obligation
ContractualObligation
5279000
CY2022Q2 us-gaap Contractual Obligation
ContractualObligation
6735000

Files In Submission

Name View Source Status
0001558370-23-001269-index-headers.html Edgar Link pending
0001558370-23-001269-index.html Edgar Link pending
0001558370-23-001269.txt Edgar Link pending
0001558370-23-001269-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R5.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vwfb-20221231.xsd Edgar Link pending
vwfb-20221231x10q.htm Edgar Link pending
vwfb-20221231xex31d1.htm Edgar Link pending
vwfb-20221231xex31d2.htm Edgar Link pending
vwfb-20221231xex32.htm Edgar Link pending
vwfb-20221231_cal.xml Edgar Link unprocessable
vwfb-20221231_def.xml Edgar Link unprocessable
vwfb-20221231_lab.xml Edgar Link unprocessable
vwfb-20221231_pre.xml Edgar Link unprocessable
vwfb-20221231x10q_htm.xml Edgar Link completed