XML 40 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Note 7 - Loans and Related Allowance for Credit Losses (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Schedule Of Financing Receivable By Segment [Table Text Block]
 

September 30,

 

December 31,

 

(Dollar amounts in thousands)

 2025 ⁽¹⁾⁽²⁾  2024 ⁽¹⁾⁽²⁾ 

Commercial real estate:

      

Owner occupied

$221,600 $181,447 

Non-owner occupied

 390,354  412,291 

Multifamily

 88,899  89,849 

Residential real estate

 366,307  353,442 

Commercial and industrial

 269,422  229,034 

Home equity lines of credit

 159,805  143,379 

Construction and other

 104,843  103,608 

Consumer installment

 5,794  6,564 

Total loans

 1,607,024  1,519,614 

Less: Allowance for credit losses

 (23,029) (22,447)

Net loans

$1,583,995 $1,497,167 
Financing Receivable, Current, Allowance for Credit Loss [Table Text Block]
  

For the Three Months Ended September 30, 2025

 
  

Balance

               Balance 

(Dollar amounts in thousands)

 June 30, 2025  Charge-offs  Recoveries  Provision  September 30, 2025 

Commercial real estate:

                    

Owner occupied

 $2,538  $-  $92  $311  $2,941 

Non-owner occupied

  4,628   -   -   291   4,919 

Multifamily

  1,057   -   -   107   1,164 

Residential real estate

  5,801   (18)  35   171   5,989 

Commercial and industrial

  3,014   (50)  9   453   3,426 

Home equity lines of credit

  988   -   -   19   1,007 

Construction and other

  4,234   -   -   (721)  3,513 

Consumer installment

  75   -   39   (44)  70 

Total

 $22,335  $(68) $175  $587  $23,029 
  

For the Three Months Ended September 30, 2024

 
  

Balance

               Balance 

(Dollar amounts in thousands)

 June 30, 2024  Charge-offs  Recoveries  Provision  September 30, 2024 

Commercial real estate:

                    

Owner occupied

 $2,058  $(45) $-  $177  $2,190 

Non-owner occupied

  7,981   (1,341)  -   1,716   8,356 

Multifamily

  1,268   -   -   125   1,393 

Residential real estate

  4,891   -   -   219   5,110 

Commercial and industrial

  2,430   (35)  9   8   2,412 

Home equity lines of credit

  813   -   -   56   869 

Construction and other

  2,290   -   -   (159)  2,131 

Consumer installment

  64   (5)  35   (29)  65 

Total

 $21,795  $(1,426) $44  $2,113  $22,526 
  

For the Nine Months Ended September 30, 2025

 
  

Balance

               Balance 

(Dollar amounts in thousands)

 December 31, 2024  Charge-offs  Recoveries  Provision  September 30, 2025 

Commercial real estate:

                    

Owner occupied

 $2,100  $-  $105  $736  $2,941 

Non-owner occupied

  8,364   (18)  7   (3,434)  4,919 

Multifamily

  1,310   -   -   (146)  1,164 

Residential real estate

  5,236   (19)  71   701   5,989 

Commercial and industrial

  2,427   (55)  179   875   3,426 

Home equity lines of credit

  897   (4)  8   106   1,007 

Construction and other

  2,052   -   -   1,461   3,513 

Consumer installment

  61   (44)  104   (51)  70 

Total

 $22,447  $(140) $474  $248  $23,029 
  

For the Nine Months Ended September 30, 2024

 
  

Balance

               Balance 

(Dollar amounts in thousands)

 December 31, 2023  Charge-offs  Recoveries  Provision  September 30, 2024 

Commercial real estate:

                    

Owner occupied

 $2,668  $(45) $11  $(444) $2,190 

Non-owner occupied

  4,480   (1,341)  -   5,217   8,356 

Multifamily

  1,796   -   -   (403)  1,393 

Residential real estate

  5,450   -   -   (340)  5,110 

Commercial and industrial

  4,377   (35)  24   (1,954)  2,412 

Home equity lines of credit

  750   (7)  1   125   869 

Construction and other

  1,990   -   -   141   2,131 

Consumer installment

  182   (11)  118   (224)  65 

Total

 $21,693  $(1,439) $154  $2,118  $22,526 
Financing Receivable Credit Quality Indicators [Table Text Block]
  

September 30, 2025

 
  

Term Loans Amortized Cost Basis by Origination Year

  

Revolving Amortized

     

(Dollar amounts in thousands)

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Cost Basis

  

Total

 

Commercial real estate:

                                

Owner occupied

                                

Pass

 $32,496  $17,688  $26,103  $31,492  $38,894  $57,387  $6,118  $210,178 

Special Mention

  -   -   3,691   -   -   -   -   3,691 

Substandard

  -   862   -   4,498   371   2,000   -   7,731 

Total Owner occupied

 $32,496  $18,550  $29,794  $35,990  $39,265  $59,387  $6,118  $221,600 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Non-owner occupied

                                

Pass

 $15,387  $7,427  $54,719  $94,460  $47,044  $141,040  $743  $360,820 

Special Mention

  -   -   -   387   -   234   -   621 

Substandard

  -   -   -   2,496   635   25,782   -   28,913 

Total Non-owner occupied

 $15,387  $7,427  $54,719  $97,343  $47,679  $167,056  $743  $390,354 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $18  $-  $18 

Multifamily

                                

Pass

 $-  $2,885  $45,017  $18,823  $6,742  $15,432  $-  $88,899 

Total Multifamily

 $-  $2,885  $45,017  $18,823  $6,742  $15,432  $-  $88,899 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Residential real estate

                                

Pass

 $35,764  $44,302  $49,963  $57,160  $65,975  $110,348  $312  $363,824 

Substandard

  -   -   157   445   617   1,264   -   2,483 

Total Residential real estate

 $35,764  $44,302  $50,120  $57,605  $66,592  $111,612  $312  $366,307 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $19  $-  $19 

Commercial and industrial

                                

Pass

 $38,498  $45,765  $30,265  $21,242  $7,912  $19,990  $79,216  $242,888 

Special Mention

  -   -   3,547   291   331   212   19,026   23,407 

Substandard

  -   -   1,413   16   -   276   1,422   3,127 

Total Commercial and industrial

 $38,498  $45,765  $35,225  $21,549  $8,243  $20,478  $99,664  $269,422 

Current-period gross charge-offs

 $-  $-  $-  $-  $50  $5  $-  $55 

Home equity lines of credit

                                

Pass

 $-  $269  $22  $233  $-  $2,864  $155,296  $158,684 

Substandard

  -   -   233   191   -   287   410   1,121 

Total Home equity lines of credit

 $-  $269  $255  $424  $-  $3,151  $155,706  $159,805 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $4  $-  $4 

Construction and other

                                

Pass

 $4,660  $56,254  $19,057  $1,889  $998  $1,906  $17,346  $102,110 

Special Mention

  -   -   -   -   -   188   -   188 

Substandard

  -   -   491   -   -   746   1,308   2,545 

Total Construction and other

 $4,660  $56,254  $19,548  $1,889  $998  $2,840  $18,654  $104,843 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Consumer installment

                                

Pass

 $1,051  $1,025  $597  $182  $69  $2,677  $-  $5,601 

Substandard

  -   -   -   -   -   193   -   193 

Total Consumer installment

 $1,051  $1,025  $597  $182  $69  $2,870  $-  $5,794 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $44  $-  $44 

Total Loans

 $127,856  $176,477  $235,275  $233,805  $169,588  $382,826  $281,197  $1,607,024 
                                 

Total Loans Summary

                                

Pass

 $127,856  $175,615  $225,743  $225,481  $167,634  $351,644  $259,031  $1,533,004 

Special Mention

  -   -   7,238   678   331   634   19,026   27,907 

Substandard

  -   862   2,294   7,646   1,623   30,548   3,140   46,113 

Total Loans

 $127,856  $176,477  $235,275  $233,805  $169,588  $382,826  $281,197  $1,607,024 
  

December 31, 2024

 
  

Term Loans Amortized cost Basis by Origination Year

  

Revolving Amortized

     

(Dollar amounts in thousands)

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Cost Basis

  

Total

 

Commercial real estate:

                                

Owner occupied

                                

Pass

 $12,424  $20,265  $33,389  $39,025  $25,532  $39,393  $4,394  $174,422 

Special Mention

  -   -   -   389   -   772   -   1,161 

Substandard

  974   -   4,535   -   -   355   -   5,864 

Total Owner occupied

 $13,398  $20,265  $37,924  $39,414  $25,532  $40,520  $4,394  $181,447 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $45  $-  $45 

Non-owner occupied

                                

Pass

 $7,542  $63,559  $96,624  $49,009  $20,230  $133,530  $905  $371,399 

Special Mention

  -   -   2,506   -   -   2,002   -   4,508 

Substandard

  -   -   3,719   635   -   32,030   -   36,384 

Total Non-owner occupied

 $7,542  $63,559  $102,849  $49,644  $20,230  $167,562  $905  $412,291 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $1,341  $-  $1,341 

Multifamily

                                

Pass

 $2,930  $36,113  $21,978  $7,437  $10,057  $11,324  $10  $89,849 

Total Multifamily

 $2,930  $36,113  $21,978  $7,437  $10,057  $11,324  $10  $89,849 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Residential real estate

                                

Pass

 $45,347  $50,820  $61,963  $69,982  $36,067  $86,492  $291  $350,962 

Substandard

  34   169   115   635   -   1,527   -   2,480 

Total Residential real estate

 $45,381  $50,989  $62,078  $70,617  $36,067  $88,019  $291  $353,442 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Commercial and industrial

                                

Pass

 $48,654  $33,860  $31,305  $13,512  $18,864  $4,888  $74,169  $225,252 

Special Mention

  2,263   -   -   -   -   -   832   3,095 

Substandard

  214   10   -   -   305   84   74   687 

Total Commercial and industrial

 $51,131  $33,870  $31,305  $13,512  $19,169  $4,972  $75,075  $229,034 

Current-period gross charge-offs

 $-  $180  $23  $12  $-  $-  $-  $215 

Home equity lines of credit

                                

Pass

 $244  $-  $166  $183  $133  $2,041  $139,214  $141,981 

Substandard

  -   68   150   -   34   493   653   1,398 

Total Home equity lines of credit

 $244  $68  $316  $183  $167  $2,534  $139,867  $143,379 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $7  $-  $7 

Construction and other

                                

Pass

 $31,361  $48,177  $2,418  $1,223  $506  $1,368  $14,909  $99,962 

Special Mention

  -   -   834   -   -   221   -   1,055 

Substandard

  -   493   -   -   -   1,171   927   2,591 

Total Construction and other

 $31,361  $48,670  $3,252  $1,223  $506  $2,760  $15,836  $103,608 

Current-period gross charge-offs

 $-  $-  $-  $-  $-  $-  $-  $- 

Consumer installment

                                

Pass

 $1,539  $1,047  $381  $112  $36  $3,284  $-  $6,399 

Substandard

  -   -   3   -   -   162   -   165 

Total Consumer installment

 $1,539  $1,047  $384  $112  $36  $3,446  $-  $6,564 

Current-period gross charge-offs

 $-  $-  $2  $6  $-  $30  $-  $38 

Total Loans

 $153,526  $254,581  $260,086  $182,142  $111,764  $321,137  $236,378  $1,519,614 
                                 

Total Loans Summary

                                

Pass

 $150,041  $253,841  $248,224  $180,483  $111,425  $282,320  $233,892  $1,460,226 

Special Mention

  2,263   -   3,340   389   -   2,995   832   9,819 

Substandard

  1,222   740   8,522   1,270   339   35,822   1,654   49,569 

Total Loans

 $153,526  $254,581  $260,086  $182,142  $111,764  $321,137  $236,378  $1,519,614 
Schedule of Collateral Dependent Loans [Table Text Block]
  

September 30, 2025

 
  

Type of Collateral

 

(Dollar amounts in thousands)

 

Real Estate

  

Blanket Lien

  

Investment/Cash

  

Other

  

Total

 

Commercial real estate:

                    

Owner occupied

 $2,718  $-  $-  $-  $2,718 

Non-owner occupied

  21,976   -   -   -   21,976 

Residential real estate

  617   -   -   -   617 

Commercial and industrial

  -   833   -   -   833 

Construction and other

  491   -   -   -   491 

Total

 $25,802  $833  $-  $-  $26,635 
  

December 31, 2024

 
  

Type of Collateral

 

(Dollar amounts in thousands)

 

Real Estate

  

Blanket Lien

  

Investment/Cash

  

Other

  

Total

 

Commercial real estate:

                    

Owner occupied

 $3,198  $-  $-  $-  $3,198 

Non-owner occupied

  24,881   -   -   -   24,881 

Residential real estate

  617   -   -   -   617 

Commercial and industrial

  214   -   -   -   214 

Construction and other

  493   -   -   -   493 

Total

 $29,403  $-  $-  $-  $29,403 
Financing Receivable, Past Due [Table Text Block]
  

September 30, 2025

 
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

(Dollar amounts in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 

Commercial real estate:

                        

Owner occupied

 $221,097  $381  $-  $122  $503  $221,600 

Non-owner occupied

  382,342   -   -   8,012   8,012   390,354 

Multifamily

  88,899   -   -   -   -   88,899 

Residential real estate

  362,419   1,971   755   1,162   3,888   366,307 

Commercial and industrial

  269,422   -   -   -   -   269,422 

Home equity lines of credit

  158,779   509   149   368   1,026   159,805 

Construction and other

  104,352   -   -   491   491   104,843 

Consumer installment

  5,598   3   -   193   196   5,794 

Total

 $1,592,908  $2,864  $904  $10,348  $14,116  $1,607,024 

 

  

December 31, 2024

 
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

(Dollar amounts in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 

Commercial real estate:

                        

Owner occupied

 $180,752  $513  $122  $60  $695  $181,447 

Non-owner occupied

  402,924   1,355   -   8,012   9,367   412,291 

Multifamily

  89,756   93   -   -   93   89,849 

Residential real estate

  349,645   2,216   562   1,019   3,797   353,442 

Commercial and industrial

  226,669   81   2,284   -   2,365   229,034 

Home equity lines of credit

  142,484   366   102   427   895   143,379 

Construction and other

  103,115   -   -   493   493   103,608 

Consumer installment

  6,479   41   44   -   85   6,564 

Total

 $1,501,824  $4,665  $3,114  $10,011  $17,790  $1,519,614 
Financing Receivable, Nonaccrual [Table Text Block]
  

September 30, 2025

 
  

Nonaccrual

  

Nonaccrual

      

Loans Past

     
  

with no

  

with

  

Total

  

Due Over 90 Days

  

Total

 

(Dollar amounts in thousands)

 

ACL

  

ACL

  

Nonaccrual

  

Still Accruing

  

Nonperforming

 

Commercial real estate:

                    

Owner occupied

 $3,580  $-  $3,580  $-  $3,580 

Non-owner occupied

  15,865   6,111   21,976   -   21,976 

Residential real estate

  617   1,467   2,084   -   2,084 

Commercial and industrial

  -   859   859   -   859 

Home equity lines of credit

  -   745   745   -   745 

Construction and other

  491   -   491   -   491 

Consumer installment

  193   -   193   -   193 

Total

 $20,746  $9,182  $29,928  $-  $29,928 
  

December 31, 2024

 
  

Nonaccrual

  

Nonaccrual

      

Loans Past

     
  

with no

  

with

  

Total

  

Due Over 90 Days

  

Total

 

(Dollar amounts in thousands)

 

ACL

  

ACL

  

Nonaccrual

  

Still Accruing

  

Nonperforming

 

Commercial real estate:

                    

Owner occupied

 $974  $301  $1,275  $-  $1,275 

Non-owner occupied

  21,265   3,616   24,881   -   24,881 

Multifamily

  -   -   -   -   - 

Residential real estate

  617   1,377   1,994   -   1,994 

Commercial and industrial

  -   159   159   -   159 

Home equity lines of credit

  -   1,017   1,017   -   1,017 

Construction and other

  -   493   493   -   493 

Consumer installment

  162   3   165   -   165 

Total

 $23,018  $6,966  $29,984  $-  $29,984 
Financing Receivable, Modified [Table Text Block]
  

For the Three Months Ended September 30, 2025

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 

(Dollar amounts in thousands)

 

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  

Investment

 

Commercial real estate:

                            

Owner occupied

 $2,224  $-  $-  $-  $-  $2,224   0.1%

Total

 $2,224  $-  $-  $-  $-  $2,224   0.1%
  

For the Three Months Ended September 30, 2024

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 

(Dollar amounts in thousands)

 

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  

Investment

 

Commercial real estate:

                            

Non-owner occupied

 $-  $13,482  $-  $-  $-  $13,482   0.9%

Total

 $-  $13,482  $-  $-  $-  $13,482   0.9%
  

For the Nine Months Ended September 30, 2025

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 

(Dollar amounts in thousands)

 

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  Investment 

Commercial real estate:

                            

Owner occupied

 $2,224  $-  $-  $-  $-  $2,224   0.1%

Residential real estate

  57   -   -   -   -   57   0.0%

Commercial and industrial

  -   889   -   -   -   889   0.1%

Home equity lines of credit

  -   100   -   -   -   100   0.0%

Construction and other

  -   2,055   -   -   -   2,055   0.1%

Total

 $2,281  $3,044  $-  $-  $-  $5,325   0.3%
  

For the Nine Months Ended September 30, 2024

 
          

Payment

  

Interest Rate

  

Interest Rate

      

Percentage of

 
          

Deferral

  

Reduction

  

Reduction

      

Total Loans

 
  

Payment

  

Term

  

and Term

  

and Term

  

and Principal

      

Held for

 

(Dollar amounts in thousands)

 

Deferral

  

Extension

  

Extension

  

Past Due

  

Forgiveness

  

Total

  

Investment

 

Commercial real estate:

                            

Non-owner occupied

 $-  $13,482  $-  $-  $-  $13,482   0.9%

Total

 $-  $13,482  $-  $-  $-  $13,482   0.9%
Financing Receivable, Modified, Past Due [Table Text Block]
  

September 30, 2025

 
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

(Dollar amounts in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 

Commercial real estate:

                        

Owner occupied

 $2,224  $-  $-  $-  $-  $2,224 

Non-owner occupied

  1,763   -   -   -   -   1,763 

Residential real estate

  57   -   -   -   -   57 

Commercial and industrial

  889   -   -   -   -   889 

Home equity lines of credit

  100   -   -   -   -   100 

Construction and other

  2,055   -   -   -   -   2,055 

Total

 $7,088  $-  $-  $-  $-  $7,088 
  

September 30, 2024

 
      

30-59 Days

  

60-89 Days

  

90 Days+

  

Total

  

Total

 

(Dollar amounts in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Past Due

  

Loans

 

Commercial real estate:

                        

Non-owner occupied

 $13,483  $-  $-  $-  $-  $13,483 

Construction and other

  1,819   -   -   -   -   1,819 

Total

 $15,302  $-  $-  $-  $-  $15,302