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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 9 Months Ended
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Sep. 30, 2025
FAIR VALUE OF FINANCIAL INSTRUMENTS |
Schedule of estimated fair value of financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Fair | ​ | Fair value measurements
​ |  | amount |  | value |  | Level 1 |  | Level 2 |  | Level 3
September 30, 2025 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Financial assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 228,446 | ​ | $ | 228,446 | ​ | $ | 228,446 | ​ | $ | — | ​ | $ | —
Investment securities AFS | ​ |  | 187,774 | ​ |  | 187,774 | ​ |  | — | ​ |  | 187,774 | ​ |  | —
Equity securities | ​ | ​ | 13,307 | ​ | ​ | 13,307 | ​ | ​ | 13,307 | ​ | ​ | — | ​ | ​ | —
Investment in FHLB and FRB Stock | ​ |  | 21,181 | ​ |  | 21,181 | ​ |  | — | ​ |  | 21,181 | ​ |  | —
Loans held for sale | ​ |  | 421 | ​ |  | 421 | ​ |  | — | ​ |  | 421 | ​ |  | —
Loans, net | ​ |  | 2,021,537 | ​ |  | 1,985,088 | ​ |  | — | ​ |  | — | ​ |  | 1,985,088
Accrued interest receivable | ​ |  | 8,735 | ​ |  | 8,735 | ​ |  | — | ​ |  | 8,735 | ​ |  | —
Financial liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ |  | 2,228,052 | ​ |  | 2,236,544 | ​ |  | — | ​ |  | 2,236,544 | ​ |  | —
Junior subordinated deferrable interest debentures, net | ​ | ​ | 8,706 | ​ | ​ | 8,452 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 8,452
Accrued interest payable | ​ |  | 2,386 | ​ |  | 2,386 | ​ |  | — | ​ |  | 2,386 | ​ |  | —
Off-balance sheet liabilities: | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Undisbursed loan commitments, lines of credit, standby letters of credit | ​ |  | 76,811 | ​ |  | 76,241 | ​ |  | — | ​ |  | — | ​ |  | 76,241
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Fair | ​ | Fair value measurements
​ |  | amount |  | value |  | Level 1 |  | Level 2 |  | Level 3
December 31, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Financial assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 364,032 | ​ | $ | 364,032 | ​ | $ | 364,032 | ​ | $ | — | ​ | $ | —
Time deposits in banks | ​ |  | 249 | ​ |  | 249 | ​ |  | 249 | ​ |  | — | ​ |  | —
Investment securities AFS | ​ |  | 193,328 | ​ |  | 193,328 | ​ |  | — | ​ |  | 193,328 | ​ |  | —
Equity securities | ​ | ​ | 13,120 | ​ | ​ | 13,120 | ​ | ​ | 13,120 | ​ | ​ | — | ​ | ​ | —
Investment in FHLB and FRB Stock | ​ |  | 20,958 | ​ |  | 20,958 | ​ |  | — | ​ |  | 20,958 | ​ |  | —
Loans held for sale | ​ |  | 2,216 | ​ |  | 2,216 | ​ |  | — | ​ |  | 2,216 | ​ |  | —
Loans, net | ​ |  | 1,934,996 | ​ |  | 1,884,134 | ​ |  | — | ​ |  | — | ​ |  | 1,884,134
Accrued interest receivable | ​ |  | 8,507 | ​ |  | 8,507 | ​ |  | — | ​ |  | 8,507 | ​ |  | —
Financial liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ |  | 2,234,009 | ​ |  | 2,236,256 | ​ |  | — | ​ |  | 2,236,256 | ​ |  | —
Junior subordinated deferrable interest debentures, net | ​ |  | 8,645 | ​ | ​ | 8,527 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 8,527
Subordinated debt, net | ​ |  | 63,736 | ​ |  | 63,736 | ​ |  | — | ​ | ​ | 63,736 | ​ | ​ | —
Accrued interest payable | ​ |  | 3,118 | ​ |  | 3,118 | ​ |  | — | ​ |  | 3,118 | ​ |  | —
Off-balance sheet liabilities: | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Undisbursed loan commitments, lines of credit, standby letters of credit | ​ |  | 73,414 | ​ |  | 72,814 | ​ |  | — | ​ |  | — | ​ |  | 72,814
​

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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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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