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Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:

			March 31, 2026
			Total						Level 1						Level 2						Level 3
Debt securities available for sale
MBS, residential			$	143,268					$	—					$	143,268					$	—
Municipal bonds			1,819						—						1,819						—
Corporate bonds			4,642						—						4,642						—
Total debt securities available for sale			$	149,729					$	—					$	149,729					$	—
Loans held for sale			$	6,562					$	—					$	6,562					$	—

			December 31, 2025
			Total						Level 1						Level 2						Level 3
Debt securities available for sale
MBS, residential			$	136,082					$	—					$	136,082					$	—
Municipal bonds			1,826						—						1,826						—
Corporate bonds			4,632						—						4,632						—
Total debt securities available for sale			$	142,540					$	—					$	142,540					$	—
Loans held for sale			$	7,005					$	—					$	7,005					$	—

Fair Value Measurements, Nonrecurring

The following table presents financial assets measured at fair value on a non-recurring basis at the dates indicated:

			March 31, 2026
			Total						Level 1						Level 2						Level 3
Collateral dependent loans
Commercial real estate loans
Commercial real estate – non-owner occupied			$	3,556					$	—					$	—					$	3,556
Commercial loans
Equipment finance			709						—						—						709
Total			$	4,265					$	—					$	—					$	4,265

			December 31, 2025
			Total						Level 1						Level 2						Level 3
Collateral dependent loans
Commercial real estate loans
Commercial real estate – non-owner occupied			$	3,555					$	—					$	—					$	3,555
Commercial loans
Equipment finance			1,809						—						—						1,809
Total			$	5,364					$	—					$	—					$	5,364

Fair Value, by Balance Sheet Grouping

The stated carrying value and estimated fair value amounts of financial instruments as of March 31, 2026 and December 31, 2025, are summarized below:

			March 31, 2026
			Carrying Value						Fair Value						Level 1						Level 2						Level 3
Assets
Cash and cash equivalents			$	300,693					$	300,693					$	300,693					$	—					$	—
Certificates of deposit in other banks			13,619						13,619						—						13,619						—
Debt securities available for sale, at fair value			149,729						149,729						—						149,729						—
Loans held for sale, at fair value			6,562						6,562						6,562						—						—
Loans held for sale, at the lower of cost or fair value			101,930						104,424						—						—						104,424
Loans, net			3,505,973						3,484,054						—						—						3,484,054
Accrued interest receivable			14,636						14,636						—						788						13,848
Liabilities
Noninterest-bearing and NOW deposits			1,306,191						1,306,191						—						1,306,191						—
Money market accounts			1,393,120						1,393,120						—						1,393,120						—
Savings accounts			171,754						171,754						—						171,754						—
Certificates of deposit			768,477						766,945						—						766,945						—
Junior subordinated debt			10,245						10,171						—						10,171						—
Borrowings			90,000						90,002						—						90,002						—
Accrued interest payable			4,410						4,410						—						4,410						—

			December 31, 2025
			Carrying Value						Fair Value						Level 1						Level 2						Level 3
Assets
Cash and cash equivalents			$	324,692					$	324,692					$	324,692					$	—					$	—
Certificates of deposit in other banks			18,841						18,841						—						18,841						—
Debt securities available for sale, at fair value			142,540						142,540						—						142,540						—
Loans held for sale, at fair value			7,005						7,005						7,005						—						—
Loans held for sale, at the lower of cost or fair value			198,688						201,377						—						—						201,377
Loans, net			3,536,675						3,521,272						—						—						3,521,272
Accrued interest receivable			15,973						15,973						—						668						15,305
Liabilities
Noninterest-bearing and NOW deposits			1,254,135						1,254,135						—						1,254,135						—
Money market accounts			1,374,635						1,374,635						—						1,374,635						—
Savings accounts			171,455						171,455						—						171,455						—
Certificates of deposit			909,772						909,101						—						909,101						—
Junior subordinated debt			10,220						10,152						—						10,152						—
Borrowings			165,000						165,003						—						165,003						—
Accrued interest payable			5,605						5,605						—						5,605						—

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-SubTopic 10
-Topic 825
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-10

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-13

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 825
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-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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