XML 31 R21.htm IDEA: XBRL DOCUMENT v3.25.2

Loans and Allowance for Loan Credit Losses (Tables)

6 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Schedule of Composition of the Loan Portfolio

A summary of the composition of the loan portfolio at June 30, 2025 and December 31, 2024 is presented below (dollars in thousands):

			June 30, 2025						December 31, 2024
Commercial real estate			$	52,540					$	53,480
Commercial			5,023						27,883
Residential real estate closed-end			210,426						210,730
Other consumer loans			19,824						21,194
			287,813						313,287
Less allowance for credit losses			(4,193)						(4,514)
Loans, net			$	283,620					$	308,773

Schedule of Allowance for Credit Losses by Portfolio Type

The following tables present the activity in the allowance for credit losses by portfolio segment for the three and six months ended June 30, 2025 and 2024 (dollars in thousands):

			June 30, 2025
			Commercial Real Estate						Commercial						Residential Real Estate Closed-End						Other Consumer Loans						Total
For the three months ended
Allowance for credit losses:
Beginning balance, March 31, 2025			$	1,304					$	259					$	2,675					$	238					$	4,476
Provision for (recapture of) credit losses			3						(171)						(115)						—						(283)
Loans charged-off			—						—						—						—						—
Recoveries collected			—						—						—						—						—
Ending balance, June 30, 2025			$	1,307					$	88					$	2,560					$	238					$	4,193

			June 30, 2024
			Commercial Real Estate						Commercial						Residential Real Estate Closed-End						Other Consumer Loans						Total
For the three months ended
Allowance for credit losses:
Beginning balance, March 31, 2024			$	1,217					$	177					$	2,681					$	249					$	4,324
Provision for (recapture of) credit losses			(81)						(10)						75						29						13
Loans charged-off			—						—						—						—						—
Recoveries collected			—						—						—						—						—
Ending balance, June 30, 2024			$	1,136					$	167					$	2,756					$	278					$	4,337

			June 30, 2025
			Commercial Real Estate						Commercial						Residential Real Estate Closed-End						Other Consumer Loans						Total
For the six months ended
Allowance for credit losses:
Beginning balance, December 31, 2024			$	1,140					$	483					$	2,644					$	247					$	4,514
Provision for (recapture of) credit losses			167						(395)						(84)						(9)						(321)
Loans charged-off			—						—						—						—						—
Recoveries collected			—						—						—						—						—
Ending balance, June 30, 2025			$	1,307					$	88					$	2,560					$	238					$	4,193

			June 30, 2024
			Commercial Real Estate						Commercial						Residential Real Estate Closed-End						Other Consumer Loans						Total
For the six months ended
Allowance for credit losses:
Beginning balance, December 31, 2023			$	1,233					$	189					$	2,668					$	229					$	4,319
Provision for (recapture of) credit losses			(97)						(22)						88						49						18
Loans charged-off			—						—						—						—						—
Recoveries collected			—						—						—						—						—
Ending balance, June 30, 2024			$	1,136					$	167					$	2,756					$	278					$	4,337

Schedule of Amortized Costs by Segment of Loans and Credit Risk Profile of Loan Portfolio

The following table presents the outstanding balance of the loan portfolio, by year of origination, loan classification, and credit quality, as of June 30, 2025 and December 31, 2024 (dollars in thousands):

June 30, 2025			Term Loans by Year of Origination																																				Revolving Loans						Revolving to Term Loans						Total
			2025						2024						2023						2022						2021						Prior
Commercial real estate
Pass			$	4,491					$	2,840					$	2,503					$	5,768					$	7,044					$	22,801					$	—					$	—					$	45,447
Special Mention			—						—						—						—						1,523						2,124						—						—						3,647
Substandard			—						—						—						1,652						—						1,794						—						—						3,446
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	4,491					$	2,840					$	2,503					$	7,420					$	8,567					$	26,719					$	—					$	—					$	52,540
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Commercial
Pass			$	234					$	361					$	—					$	540					$	7					$	1,041					$	2,840					$	—					$	5,023
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						—						—						—						—
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	234					$	361					$	—					$	540					$	7					$	1,041					$	2,840					$	—					$	5,023
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Residential real estate closed-end
Pass			$	7,445					$	15,741					$	16,007					$	45,897					$	41,718					$	83,618					$	—					$	—					$	210,426
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						—						—						—						—
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	7,445					$	15,741					$	16,007					$	45,897					$	41,718					$	83,618					$	—					$	—					$	210,426
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Other consumer loans
Pass			$	—					$	14					$	—					$	—					$	13					$	—					$	17,974					$	1,823					$	19,824
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						—						—						—						—
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	—					$	14					$	—					$	—					$	13					$	—					$	17,974					$	1,823					$	19,824
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Total Portfolio Loans
Pass			$	12,170					$	18,956					$	18,510					$	52,205					$	48,782					$	107,460					$	20,814					$	1,823					$	280,720
Special Mention			—						—						—						—						1,523						2,124						—						—						3,647
Substandard			—						—						—						1,652						—						1,794						—						—						3,446
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total Portfolio Loans			$	12,170					$	18,956					$	18,510					$	53,857					$	50,305					$	111,378					$	20,814					$	1,823					$	287,813
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—

December 31, 2024			Term Loans by Year of Origination																																				Revolving Loans						Revolving to Term Loans						Total
			2024						2023						2022						2021						2020						Prior
Commercial real estate
Pass			$	2,873					$	2,526					$	6,461					$	7,250					$	3,424					$	25,849					$	—					$	—					$	48,383
Special Mention			—						—						—						1,576						—						—						—						—						1,576
Substandard			—						—						1,676						—						—						1,845						—						—						3,521
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	2,873					$	2,526					$	8,137					$	8,826					$	3,424					$	27,694					$	—					$	—					$	53,480
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Commercial
Pass			$	403					$	—					$	552					$	9					$	—					$	1,147					$	25,772					$	—					$	27,883
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						—						—						—						—
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	403					$	—					$	552					$	9					$	—					$	1,147					$	25,772					$	—					$	27,883
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Residential real estate closed-end
Pass			$	15,969					$	17,834					$	47,200					$	43,125					$	23,145					$	63,222					$	—					$	—					$	210,495
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						236						—						—						236
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	15,969					$	17,834					$	47,200					$	43,125					$	23,145					$	63,458					$	—					$	—					$	210,730
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Other consumer loans
Pass			$	17					$	—					$	—					$	18					$	—					$	—					$	19,336					$	1,823					$	21,194
Special Mention			—						—						—						—						—						—						—						—						—
Substandard			—						—						—						—						—						—						—						—						—
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total			$	17					$	—					$	—					$	18					$	—					$	—					$	19,336					$	1,823					$	21,194
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—
Total Portfolio Loans
Pass			$	19,262					$	20,360					$	54,213					$	50,402					$	26,569					$	90,218					$	45,108					$	1,823					$	307,955
Special Mention			—						—						—						1,576						—						—						—						—						1,576
Substandard			—						—						1,676						—						—						2,081						—						—						3,757
Doubtful			—						—						—						—						—						—						—						—						—
Loss			—						—						—						—						—						—						—						—						—
Total Portfolio Loans			$	19,262					$	20,360					$	55,889					$	51,978					$	26,569					$	92,298					$	45,108					$	1,823					$	313,287
Current period gross charge-offs			$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—					$	—

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-11B

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-29

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-5

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration