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v3.24.1.u1

NOTES PAYABLE (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
NOTES PAYABLE |
Schedule of advances, rate, and maturities of FHLB advances | The advances, rate, and maturities of FHLB advances were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | March 31, |  | December 31,
​ | ​ | Maturity | ​ | Rate | ​ | 2024 | ​ | 2023
Fixed rate, fixed term | ​ | 03/23/2026 | ​ | 4.02% | ​ | $ | 10,000 | ​ | $ | 10,000
Fixed rate, fixed term | ​ | 05/26/2026 | ​ | 1.95% | ​ | ​ | 5,000 | ​ | ​ | 5,000
Fixed rate, fixed term | ​ | 03/23/2027 | ​ | 3.91% | ​ | ​ | 10,000 | ​ | ​ | 10,000
Fixed rate, fixed term | ​ | 03/23/2028 | ​ | 3.85% | ​ | ​ | 10,000 | ​ | ​ | 10,000
Fixed rate, fixed term | ​ | 04/22/2030 | ​ | 0.00% | ​ | ​ | 508 | ​ | ​ | 508
​ | ​ | ​ | ​ | ​ | ​ | ​ | 35,508 | ​ | ​ | 35,508
Adjustment due to purchase accounting | ​ | ​ | ​ | ​ | ​ | ​ | (213) | ​ | ​ | (238)
​ | ​ | ​ | ​ | ​ | ​ | $ | 35,295 | ​ | $ | 35,270
​
Schedule of future maturities of borrowings | Future maturities of borrowings were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, |  | December 31,
​ | ​ | 2024 | ​ | 2023
1 year or less | ​ | $ | — | ​ | $ | —
1 to 2 years | ​ |  | 10,000 | ​ |  | —
2 to 3 years | ​ |  | 15,000 | ​ |  | 15,000
3 to 4 years | ​ |  | 10,000 | ​ |  | 10,000
4 to 5 years | ​ |  | — | ​ |  | 10,000
Over 5 years | ​ | ​ | 508 | ​ | ​ | 508
​ | ​ | $ | 35,508 | ​ | $ | 35,508
​

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