XML 48 R36.htm IDEA: XBRL DOCUMENT
v3.25.4

Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Amortized Cost and Fair Value of Securities Available-For-Sale | The following table presents the amortized cost and fair value of the investment securities as of the dates indicated:
($ in thousands) |  | Amortized Cost |  | Gross Unrealized Gain |  | Gross Unrealized Loss |  | Fair Value
December 31, 2025 |  |  |  |  |  |  |  |
Securities available-for-sale: |  |  |  |  |  |  |  |
U.S. government agency and U.S. government sponsored enterprise securities: |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | 135,728 |  |  | $ | 1,063 |  |  | $ | (6,969) |  |  | $ | 129,822 |
Collateralized mortgage obligations |  | 19,499 |  |  | 65 |  |  | (802) |  |  | 18,762 |
SBA loan pool securities |  | 4,363 |  |  | 1 |  |  | (171) |  |  | 4,193 |
Municipal bonds |  | 2,463 |  |  | 22 |  |  | (1) |  |  | 2,484 |
Corporate bonds |  | 5,000 |  |  | — |  |  | (252) |  |  | 4,748 |
Total securities available-for-sale |  | $ | 167,053 |  |  | $ | 1,151 |  |  | $ | (8,195) |  |  | $ | 160,009 |
December 31, 2024 |  |  |  |  |  |  |  |
Securities available-for-sale: |  |  |  |  |  |  |  |
U.S. government agency and U.S. government sponsored enterprise securities: |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | 123,209 |  |  | $ | 168 |  |  | $ | (10,938) |  |  | $ | 112,439 |
Collateralized mortgage obligations |  | 22,753 |  |  | 1 |  |  | (1,517) |  |  | 21,237 |
SBA loan pool securities |  | 6,328 |  |  | — |  |  | (320) |  |  | 6,008 |
Municipal bonds |  | 2,452 |  |  | — |  |  | (32) |  |  | 2,420 |
Corporate bonds |  | 5,000 |  |  | — |  |  | (755) |  |  | 4,245 |
Total securities available-for-sale |  | $ | 159,742 |  |  | $ | 169 |  |  | $ | (13,562) |  |  | $ | 146,349 |
Schedule of Investments Classified by Contractual Maturity Date | The following table presents the amortized cost and fair value of the investment securities by contractual maturity as of December 31, 2025. Expected maturities may differ from contractual maturities, if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
|  | Securities Available-For-Sale |  |
($ in thousands) |  | Amortized Cost |  | Fair Value |  |  |  |
Within one year |  | $ | — |  |  | $ | — |  |  |  |  |
One to five years |  | 83 |  |  | 83 |  |  |  |  |
Five to ten years |  | 6,503 |  |  | 6,266 |  |  |  |  |
Greater than ten years |  | 877 |  |  | 883 |  |  |  |  |
Mortgage-backed securities, collateralized mortgage obligations and SBA loan pool securities |  | 159,590 |  |  | 152,777 |  |  |  |  |
Total |  | $ | 167,053 |  |  | $ | 160,009 |  |  |  |  |
Schedule of Gains (Losses) on Available-for-sale Securities | The following table presents proceeds from sales and calls of securities available-for-sale and the associated gross gains and losses realized through earnings upon the sales and calls of securities available-for-sale for the periods indicated:
|  | Year Ended December 31,
($ in thousands) |  | 2025 |  | 2024 |  | 2023
Gross realized gains on sales and calls of securities available-for-sale |  | $ | — |  |  | $ | — |  |  | $ | — |
Gross realized losses on sales and calls of securities available-for-sale |  | — |  |  | — |  |  | — |
Net realized gains on sales and calls of securities available-for-sale |  | $ | — |  |  | $ | — |  |  | $ | — |
Proceeds from sales and calls of securities available-for-sale |  | $ | — |  |  | $ | — |  |  | $ | — |
Tax expense on sales and calls of securities available-for-sale |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value | The following table summarizes the investment securities with unrealized losses by security type and length of time in a continuous unrealized loss position for which an allowance for credit losses has not been recorded as of the dates indicated:
|  | Length of Time That Individual Securities Have Been In a Continuous Unrealized Loss Position
|  | Less Than 12 Months |  | 12 Months or Longer |  | Total
($ in thousands) |  | Fair Value |  | Gross Unrealized Losses |  | Number of Securities |  | Fair Value |  | Gross Unrealized Losses |  | Number of Securities |  | Fair Value |  | Gross Unrealized Losses |  | Number of Securities
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency and U.S. government sponsored enterprise securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | 6,795 |  |  | $ | (15) |  |  | 3 |  |  | $ | 61,977 |  |  | $ | (6,954) |  |  | 111 |  |  | $ | 68,772 |  |  | $ | (6,969) |  |  | 114 |
Collateralized mortgage obligations |  | 3,114 |  |  | (7) |  |  | 3 |  |  | 12,181 |  |  | (795) |  |  | 34 |  |  | 15,295 |  |  | (802) |  |  | 37 |
SBA loan pool securities |  | — |  |  | — |  |  | — |  |  | 4,152 |  |  | (171) |  |  | 15 |  |  | 4,152 |  |  | (171) |  |  | 15 |
Municipal bonds |  | 83 |  |  | (1) |  |  | 1 |  |  | — |  |  | — |  |  | — |  |  | 83 |  |  | (1) |  |  | 1 |
Corporate bonds |  | — |  |  | — |  |  | — |  |  | 4,748 |  |  | (252) |  |  | 1 |  |  | 4,748 |  |  | (252) |  |  | 1 |
Total securities available-for-sale |  | $ | 9,992 |  |  | $ | (23) |  |  | 7 |  |  | $ | 83,058 |  |  | $ | (8,172) |  |  | 161 |  |  | $ | 93,050 |  |  | $ | (8,195) |  |  | 168 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency and U.S. government sponsored enterprise securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | 26,250 |  |  | $ | (392) |  |  | 17 |  |  | $ | 67,640 |  |  | $ | (10,546) |  |  | 109 |  |  | $ | 93,890 |  |  | $ | (10,938) |  |  | 126 |
Collateralized mortgage obligations |  | 4,963 |  |  | (26) |  |  | 3 |  |  | 13,375 |  |  | (1,491) |  |  | 36 |  |  | 18,338 |  |  | (1,517) |  |  | 39 |
SBA loan pool securities |  | 396 |  |  | (1) |  |  | 3 |  |  | 5,316 |  |  | (319) |  |  | 13 |  |  | 5,712 |  |  | (320) |  |  | 16 |
Municipal bonds |  | 2,050 |  |  | (32) |  |  | 6 |  |  | — |  |  | — |  |  | — |  |  | 2,050 |  |  | (32) |  |  | 6 |
Corporate bonds |  | — |  |  | — |  |  | — |  |  | 4,245 |  |  | (755) |  |  | 1 |  |  | 4,245 |  |  | (755) |  |  | 1 |
Total securities available-for-sale |  | $ | 33,659 |  |  | $ | (451) |  |  | 29 |  |  | $ | 90,576 |  |  | $ | (13,111) |  |  | 159 |  |  | $ | 124,235 |  |  | $ | (13,562) |  |  | 188 |

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration