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Investment Securities (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of amortized costs and fair value of investment securities
Schedule of amortized costs and fair value of investment securities                
 
   September 30, 2025 
   Amortized   Gross Unrealized   Fair 
(dollars in thousands)   Cost   Gains   Losses   Value 
Available for sale                     
Corporate bonds   $2,102    -    143    1,959 
US treasuries   1,000    -    56    944 
US government agencies    16,361    20    1,216    15,165 
State and political subdivisions    22,199    -    2,298    19,901 
Asset-backed securities    33,842    67    135    33,774 
Mortgage-backed securities   66,202    14    6,919    59,297 
Total investment securities available for sale  $141,706    101    10,767    131,040 

 

   December 31, 2024 
   Amortized   Gross Unrealized   Fair 
   Cost   Gains   Losses   Value 
Available for sale                    
Corporate bonds  $2,121    -    194    1,927 
US treasuries   999    -    91    908 
US government agencies   17,540    1    1,746    15,795 
State and political subdivisions   22,387    -    3,065    19,322 
Asset-backed securities   36,613    36    111    36,538 
Mortgage-backed securities   66,988    19    9,370    57,637 
Total investment securities available for sale  $146,648    56    14,577    132,127 
Schedule of maturities and yields on the company’s investment securities
                                                                               
                     
               September 30, 2025 
   Less than one year   One to five years   Five to ten years   Over ten years   Total 
(dollars in thousands)  Amount   Yield   Amount   Yield   Amount   Yield   Amount   Yield   Amount   Yield 
Available for sale                                                  
Corporate bonds  $-    -   $1,959    2.03%  $-    -   $-    -   $1,959    2.03%
US treasuries   -    -    944    1.27%   -    -    -    -    944    1.27%
US government agencies   -    -    7,348    1.25%   7,817    4.64%   -    -    15,165    2.99%
State and political subdivisions   469    2.13%   3,020    1.64%   5,244    2.15%   11,168    2.18%   19,901    2.09%
Asset-backed securities   -    -    -    -    3,463    5.21%   30,311    5.52%   33,774    5.49%
Mortgage-backed securities   -    -    6,633    1.27%   9,557    2.76%   43,107    2.61%   59,297    2.48%
Total investment securities  $469    2.13%  $19,904    1.39%  $26,081    3.52%  $84,586    3.60%  $131,040    3.24%

 

 

                 
               December 31, 2024 
   Less than one year   One to five years   Five to ten years   Over ten years   Total 
(dollars in thousands)  Amount   Yield   Amount   Yield   Amount   Yield   Amount   Yield   Amount   Yield 
 Available for sale                                                  
Corporate bonds  $-    -   $1,927    2.02%  $-    -   $-    -   $1,927    2.02%
US treasuries   -    -    908    1.27%   -    -    -    -    908    1.27%
US government agencies   -    -    5,021    1.10%   10,774    4.51%   -    -    15,795    3.43%
State and political subdivisions   461    2.13%   1,726    1.61%   5,049    2.10%   12,086    2.13%   19,322    2.08%
Asset-backed securities   -    -    23    6.14%   3,420    5.25%   33,095    5.87%   36,538    5.81%
Mortgage-backed securities   -    -    6,549    1.28%   7,548    3.00%   43,540    2.45%   57,637    2.39%
Total investment securities  $461    2.13%  $16,154    1.35%  $26,791    3.73%  $88,721    3.68%  $132,127    3.40%
Schedule of gross unrealized losses on investment securities and fair market value of related securities
             
           September 30, 2025 
  Less than 12 months   12 months or longer   Total 
(dollars in thousands)  #   Fair
value		   Unrealized
losses		   #   Fair
value		   Unrealized
losses		   #   Fair
value		   Unrealized
losses		 
Available for sale                                             
Corporate bonds   -   $-   $-    1   $1,959   $143    1   $1,959   $143 
US treasuries   -    -    -    1    944    56    1    944    56 
US government agencies   -    -    -    9    10,801    1,216    9    10,801    1,216 
State and political subdivisions   2    953    95    31    18,948    2,203    33    19,901    2,298 
Asset-backed securities   3    7,877    74    5    8,328    61    8    16,205    135 
Mortgage-backed securities   4    6,147    49    65    52,369    6,870    69    58,516    6,919 
Total investment securities   9   $14,977   $218    112   $93,349   $10,549    121   $108,326   $10,767 

 

           December 31, 2024 
   Less than 12 months   12 months or longer   Total 
(dollars in thousands)  #   Fair
value		   Unrealized
losses		   #   Fair
value		   Unrealized
losses		   #   Fair
value		   Unrealized
losses		 
Available for sale                                             
Corporate bonds   -   $-   $-    1   $1,927   $194    1   $1,927   $194 
US treasuries   -    -    -    1    908    91    1    908    91 
US government agencies   1    2,694    1    9    10,269    1,745    10    12,963    1,746 
State and political subdivisions   3    1,436    153    30    17,886    2,912    33    19,322    3,065 
Asset-backed securities   6    15,828    83    5    5,344    28    11    21,172    111 
Mortgage-backed securities   6    8,226    409    61    45,360    8,961    67    53,586    9,370 
Total investment securities   16   $28,184   $646    107   $81,694   $13,931    123   $109,878   $14,577 
Schedule of other investments
        
         
(dollars in thousands)  September 30, 2025   December 31, 2024 
Federal Home Loan Bank stock  $14,540    14,516 
Other nonmarketable investments   5,123    4,571 
Investment in Trust Preferred subsidiaries   403    403 
Total other investments  $20,066    19,490