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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Pay vs Performance Disclosure    
Pay vs Performance Disclosure, Table
Pay Versus Performance
. In accordance with rules adopted by the SEC pursuant to Dodd-Frank, the Company is providing the following disclosure regarding total compensation and “compensation actually paid” (“CAP”) to the Company’s chief executive officer (the “CEO”) and other named executive officers (“NEOs”) for the fiscal years ended December 31, 2023 and 2024, and the cumulative shareholder return on the Company’s common stock (“TSR”) and net income over the same period. Please review the entire Executive Compensation section for a complete description of how executive compensation relates to Company performance and how the Compensation Committee makes its decisions.
 
The Pay versus Performance table below summarizes the compensation values both previously reported in the Summary Compensation Table included in this Proxy Statement, as well as the adjusted values required in this section for the 2023 and 2024 calendar years.
 
Year
   
Summary
Compensation
Table Total for

G. William
Beale
(1)

$
     
Summary
Compensation
Table Total for

Brian K. Plum
 (2)

$
     
Compensation
Actually Paid to

G. William
Beale
(1)

$
     
Compensation
Actually Paid to

Brian K. Plum 
(2)

$
     
Average
Summary
Compensation
Table Total
for
Non-CEO

NEOs

$
    
Average
Compensation
Actually Paid
to

Non-CEO

NEOs

$
    
Value of
Initial Fixed
$100
Investment
Based on
Shareholder
Return
(5)

$
     
Net
Income

(in
millions)

$
  
2024
     
1,418,683
       
N/A
       
1,551,499
       
N/A
       
669,314
(4)
 		    
713,263
(4)
 		    
26.36
       
-15.4
  
2023
     
981,279
       
374,639
       
627,219
       
233,200
       
555,882
(3)
 		    
435,183
(3)
 		    
24.81
       
-51.8
  
 
(1)
Mr. Beale joined the Bank as its CEO in May 2023 and has served as CEO of the Company since July 2023.
(2)
Mr. Plum served as CEO from December 2014 until his departure on July 12, 2023.
(3)
The
Non-CEO
NEOs included for 2023 are: Judy C. Gavant and C. Douglass Riddle.
(4)
The
Non-CEO
NEOs included for 2024 are: Judy C. Gavant and M. Dean Brown.
(5)
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period.
Calculation of Compensation Actually Paid (CAP).
To calculate the amounts in the “Compensation Actually Paid” columns with respect to the Company’s CEO and
Non-CEO
NEOs in the table above according to SEC reporting rules, the following adjustments were made to the compensation as reported under the “Total” column for the years 2024 and 2023 in the Summary Compensation Table included in this Proxy Statement.
 
    
2024
    
2023
  
    
G. William Beale
    
Average Non-CEO

NEOs
    
G. William Beale
    
Brian K. Plum
    
Average Non-CEO

NEOs
  
Total Compensation from Summary Compensation Table
   
$
1,418,683
 
  
$
669,314
 
  
$
981,279
 
  
$
374,639
 
  
$
555,882
 
Adjustments for Equity Awards
   
Adjustment for grant date values in the Summary Compensation Table
   
$
(418,500
) 
  
$
(141,115
) 
  
$
(410,242
) 
  
$
—
 		    
$
(120,879
) 
Year-end
fair value of unvested awards granted in the current year
   
$
547,793
    
$
184,710
    
$
56,182
    
$
—
 		    
$
24,401
  
Year-over-year difference of
year-end
fair values for unvested awards granted in prior years
   
$
3,523
    
$
1,238
    
$
—
 		    
$
—
 		    
$
(19,298
) 
Fair values at vest data for awards granted and vested in current year
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
Difference in fair values between prior
year-end
fair values and vest date fair values for awards granted in prior years
   
$
—
 		    
$
(884
) 
  
$
—
 		    
$
(47,239
) 
  
$
(4,923
) 
Forfeitures during current year equal to prior
year-end
fair value
   
$
—
 		    
$
—
 		    
$
—
 		    
$
(94,200
) 
  
$
—
 		  
Dividends of dividend equivalents not other included in total compensation
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total Adjustments for Equity Awards
   
$
132,816
 
  
$
43,949
 
  
$
(354,060
) 
  
$
(141,439
) 
  
$
(120,699
) 
Compensation Actually Paid (as calculated)
   
$
1,551,499
 
  
$
713,263
 
  
$
627,219
 
  
$
233,200
 
  
$
435,183
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
  
Named Executive Officers, Footnote
(1)
Mr. Beale joined the Bank as its CEO in May 2023 and has served as CEO of the Company since July 2023.
(2)
Mr. Plum served as CEO from December 2014 until his departure on July 12, 2023.
(3)
The
Non-CEO
NEOs included for 2023 are: Judy C. Gavant and C. Douglass Riddle.
(4)
The
Non-CEO
NEOs included for 2024 are: Judy C. Gavant and M. Dean Brown.
(5)
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period.
 
Adjustment To PEO Compensation, Footnote
    
2024
    
2023
  
    
G. William Beale
    
Average Non-CEO

NEOs
    
G. William Beale
    
Brian K. Plum
    
Average Non-CEO

NEOs
  
Total Compensation from Summary Compensation Table
   
$
1,418,683
 
  
$
669,314
 
  
$
981,279
 
  
$
374,639
 
  
$
555,882
 
Adjustments for Equity Awards
   
Adjustment for grant date values in the Summary Compensation Table
   
$
(418,500
) 
  
$
(141,115
) 
  
$
(410,242
) 
  
$
—
 		    
$
(120,879
) 
Year-end
fair value of unvested awards granted in the current year
   
$
547,793
    
$
184,710
    
$
56,182
    
$
—
 		    
$
24,401
  
Year-over-year difference of
year-end
fair values for unvested awards granted in prior years
   
$
3,523
    
$
1,238
    
$
—
 		    
$
—
 		    
$
(19,298
) 
Fair values at vest data for awards granted and vested in current year
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
Difference in fair values between prior
year-end
fair values and vest date fair values for awards granted in prior years
   
$
—
 		    
$
(884
) 
  
$
—
 		    
$
(47,239
) 
  
$
(4,923
) 
Forfeitures during current year equal to prior
year-end
fair value
   
$
—
 		    
$
—
 		    
$
—
 		    
$
(94,200
) 
  
$
—
 		  
Dividends of dividend equivalents not other included in total compensation
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total Adjustments for Equity Awards
   
$
132,816
 
  
$
43,949
 
  
$
(354,060
) 
  
$
(141,439
) 
  
$
(120,699
) 
Compensation Actually Paid (as calculated)
   
$
1,551,499
 
  
$
713,263
 
  
$
627,219
 
  
$
233,200
 
  
$
435,183
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
  
Non-PEO NEO Average Total Compensation Amount $ 669,314 $ 555,882
Non-PEO NEO Average Compensation Actually Paid Amount $ 713,263 435,183
Adjustment to Non-PEO NEO Compensation Footnote
    
2024
    
2023
  
    
G. William Beale
    
Average Non-CEO

NEOs
    
G. William Beale
    
Brian K. Plum
    
Average Non-CEO

NEOs
  
Total Compensation from Summary Compensation Table
   
$
1,418,683
 
  
$
669,314
 
  
$
981,279
 
  
$
374,639
 
  
$
555,882
 
Adjustments for Equity Awards
   
Adjustment for grant date values in the Summary Compensation Table
   
$
(418,500
) 
  
$
(141,115
) 
  
$
(410,242
) 
  
$
—
 		    
$
(120,879
) 
Year-end
fair value of unvested awards granted in the current year
   
$
547,793
    
$
184,710
    
$
56,182
    
$
—
 		    
$
24,401
  
Year-over-year difference of
year-end
fair values for unvested awards granted in prior years
   
$
3,523
    
$
1,238
    
$
—
 		    
$
—
 		    
$
(19,298
) 
Fair values at vest data for awards granted and vested in current year
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
Difference in fair values between prior
year-end
fair values and vest date fair values for awards granted in prior years
   
$
—
 		    
$
(884
) 
  
$
—
 		    
$
(47,239
) 
  
$
(4,923
) 
Forfeitures during current year equal to prior
year-end
fair value
   
$
—
 		    
$
—
 		    
$
—
 		    
$
(94,200
) 
  
$
—
 		  
Dividends of dividend equivalents not other included in total compensation
   
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		    
$
—
 		  
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
Total Adjustments for Equity Awards
   
$
132,816
 
  
$
43,949
 
  
$
(354,060
) 
  
$
(141,439
) 
  
$
(120,699
) 
Compensation Actually Paid (as calculated)
   
$
1,551,499
 
  
$
713,263
 
  
$
627,219
 
  
$
233,200
 
  
$
435,183
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
  
  
Compensation Actually Paid vs. Total Shareholder Return
The following graph shows the CEO and Average
Non-CEO
NEOs compensation on a CAP basis relative to the Company’s cumulative TSR for the fiscal years 2023 and 2024:
 
LOGO
 
Compensation Actually Paid vs. Net Income
The following graph shows the CEO and Average
Non-CEO
NEOs compensation on a CAP basis relative to the Company’s Net Income for the fiscal years 2023 and 2024:
 
LOGO
 
  
Total Shareholder Return Amount $ 26.36 24.81
Net Income (Loss) (15,400,000) (51,800,000)
Mr.Beale [Member]    
Pay vs Performance Disclosure    
PEO Total Compensation Amount 1,418,683 981,279
PEO Actually Paid Compensation Amount $ 1,551,499 627,219
PEO Name Mr. Beale  
Mr.Plum [Member]    
Pay vs Performance Disclosure    
PEO Total Compensation Amount   374,639
PEO Actually Paid Compensation Amount   $ 233,200
PEO Name   Mr. Plum
PEO | Mr.Beale [Member] | Equity Awards Adjustments    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount $ 132,816 $ (354,060)
PEO | Mr.Beale [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount (418,500) (410,242)
PEO | Mr.Beale [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 547,793 56,182
PEO | Mr.Beale [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 3,523 0
PEO | Mr.Beale [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
PEO | Mr.Beale [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
PEO | Mr.Beale [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
PEO | Mr.Beale [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
PEO | Mr.Plum [Member] | Equity Awards Adjustments    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   (141,439)
PEO | Mr.Plum [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   0
PEO | Mr.Plum [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   0
PEO | Mr.Plum [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   0
PEO | Mr.Plum [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   0
PEO | Mr.Plum [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   (47,239)
PEO | Mr.Plum [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   (94,200)
PEO | Mr.Plum [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount   0
Non-PEO NEO | Equity Awards Adjustments    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 43,949 (120,699)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount (141,115) (120,879)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 184,710 24,401
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 1,238 (19,298)
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount (884) (4,923)
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year    
Pay vs Performance Disclosure    
Adjustment to Compensation, Amount $ 0 $ 0