XML 58 R41.htm IDEA: XBRL DOCUMENT
v3.25.1

Loans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Receivables [Abstract] |
Schedule of Loans | Loans, net of unearned fees and unamortized loan origination costs, are comprised of the following:
|  | December 31,
|  | 2024 |  | 2023
(In thousands) |  | Loan Balance |  | % of Total Loans |  | Loan Balance |  | % of Total Loans
Commercial and business loans |  | $ | 63,653 |  |  | 6.9 | % |  | $ | 53,273 |  |  | 5.8 | %
Government program loans |  | 62 |  |  | <0.01 | % |  | 74 |  |  | <0.01 | %
Total commercial and industrial |  | 63,715 |  |  | 6.9 | % |  | 53,347 |  |  | 5.8 | %
Real estate – mortgage: |  |  |  |  |  |  |  |
Commercial real estate |  | 419,422 |  |  | 45.2 | % |  | 386,134 |  |  | 42.0 | %
Residential mortgages |  | 247,248 |  |  | 26.6 | % |  | 260,539 |  |  | 28.3 | %
Home improvement and home equity loans |  | 24 |  |  | <0.01 | % |  | 36 |  |  | <0.01 | %
Total real estate mortgage |  | 666,694 |  |  | 71.8 | % |  | 646,709 |  |  | 70.3 | %
Real estate construction and development |  | 111,145 |  |  | 12.0 | % |  | 127,944 |  |  | 13.9 | %
Agricultural |  | 49,462 |  |  | 5.3 | % |  | 49,795 |  |  | 5.4 | %
Installment and student loans |  | 37,446 |  |  | 4.0 | % |  | 42,247 |  |  | 4.6 | %
Total loans |  | $ | 928,462 |  |  | 100.0 | % |  | $ | 920,042 |  |  | 100.0 | %
Schedule of Loans to Affiliates | Loans to directors, officers, principal shareholders and their affiliates are summarized below:
(In thousands) |  | 2024 |  | 2023 |
Aggregate amount outstanding, beginning of year |  | $ | 3,039 |  |  | $ | 3,610 |  |
New loans or advances during year |  | 400 |  |  | 825 |  |
Repayments during year |  | (758) |  |  | (1,396) |  |
Aggregate amount outstanding, end of year |  | $ | 2,681 |  |  | $ | 3,039 |  |
Undisbursed commitments, end of year |  | $ | 1,803 |  |  | $ | 1,525 |  |
Summary of Amortized Cost of Delinquent Loans | The following is a summary of delinquent loans, net of unearned fees and loan origination costs, at December 31, 2024, (in thousands):
December 31, 2024 |  | Loans 30-60 Days Past Due |  | Loans 61-89 Days Past Due |  | Loans 90 or More Days Past Due |  | Total Past Due Loans |  | Current Loans |  | Total Loans |  | Accruing Loans 90 or More Days Past Due
Commercial and business loans |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 63,653 |  |  | $ | 63,653 |  |  | $ | — |
Government program loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 62 |  |  | 62 |  |  | — |
Total commercial and industrial |  | — |  |  | — |  |  | — |  |  | — |  |  | 63,715 |  |  | 63,715 |  |  | — |
Commercial real estate loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 419,422 |  |  | 419,422 |  |  | — |
Residential mortgages |  | 214 |  |  | — |  |  | — |  |  | 214 |  |  | 247,034 |  |  | 247,248 |  |  | — |
Home improvement and home equity loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 24 |  |  | 24 |  |  | — |
Total real estate mortgage |  | 214 |  |  | — |  |  | — |  |  | 214 |  |  | 666,480 |  |  | 666,694 |  |  | — |
Real estate construction and development loans |  | — |  |  | — |  |  | 12,185 |  |  | 12,185 |  |  | 98,960 |  |  | 111,145 |  |  | — |
Agricultural loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 49,462 |  |  | 49,462 |  |  | — |
Installment and student loans |  | 1,625 |  |  | 1,373 |  |  | 421 |  |  | 3,419 |  |  | 34,027 |  |  | 37,446 |  |  | 421 |
Total loans |  | $ | 1,839 |  |  | $ | 1,373 |  |  | $ | 12,606 |  |  | $ | 15,818 |  |  | $ | 912,644 |  |  | $ | 928,462 |  |  | $ | 421 |
The following is a summary of delinquent loans, net of unearned fees and loan origination costs, at December 31, 2023, (in thousands):
December 31, 2023 |  | Loans 30-60 Days Past Due |  | Loans 61-89 Days Past Due |  | Loans 90 or More Days Past Due |  | Total Past Due Loans |  | Current Loans |  | Total Loans |  | Accruing Loans 90 or More Days Past Due
Commercial and business loans |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 53,273 |  |  | $ | 53,273 |  |  | $ | — |
Government program loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 74 |  |  | 74 |  |  | — |
Total commercial and industrial |  | — |  |  | — |  |  | — |  |  | — |  |  | 53,347 |  |  | 53,347 |  |  | — |
Commercial real estate loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 386,134 |  |  | 386,134 |  |  | — |
Residential mortgages |  | — |  |  | — |  |  | — |  |  | — |  |  | 260,539 |  |  | 260,539 |  |  | — |
Home improvement and home equity loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 36 |  |  | 36 |  |  | — |
Total real estate mortgage |  | — |  |  | — |  |  | — |  |  | — |  |  | 646,709 |  |  | 646,709 |  |  | — |
Real estate construction and development loans |  | — |  |  | — |  |  | 11,390 |  |  | 11,390 |  |  | 116,554 |  |  | 127,944 |  |  | — |
Agricultural loans |  | — |  |  | — |  |  | 45 |  |  | 45 |  |  | 49,750 |  |  | 49,795 |  |  | — |
Installment and student loans |  | 791 |  |  | 328 |  |  | 426 |  |  | 1,545 |  |  | 40,702 |  |  | 42,247 |  |  | 426 |
Total loans |  | $ | 791 |  |  | $ | 328 |  |  | $ | 11,861 |  |  | $ | 12,980 |  |  | $ | 907,062 |  |  | $ | 920,042 |  |  | $ | 426 |
The following tables summarize the student loan aging for loans in repayment and forbearance as of December 31, 2024 and December 31, 2023:
|  | December 31, 2024 |  | December 31, 2023
(Dollars in thousands) |  | Number of Borrowers |  | Principal Amount |  | Number of Borrowers |  | Principal Amount
Current or less than 31 days |  | 185 |  |  | $ | 19,737 |  |  | 221 |  |  | $ | 25,070 |
31 - 60 days |  | 9 |  |  | 1,625 |  |  | 6 |  |  | 791 |
61 - 90 days |  | 7 |  |  | 1,360 |  |  | 2 |  |  | 328 |
Greater than 90 days |  | 2 |  |  | 421 |  |  | 3 |  |  | 426 |
Total |  | 203 |  |  | $ | 23,143 |  |  | 232 |  |  | $ | 26,615 |
Schedule of Non-Accrual Loan Status and Loans Past Due Over 89 days Still Accruing | The following table presents the amortized costs of loans on nonaccrual status and accruing loans more than 90 days past due: December 31, 2024, and 2023:
|  | December 31, 2024 |  | December 31, 2023
(In thousands) |  | Nonaccrual Loans With No Allowance For Credit Losses |  | Total Nonaccrual Loans |  | Accruing Loans 90 or More Days Past Due |  | Nonaccrual Loans With No Allowance For Credit Losses |  | Total Nonaccrual Loans |  | Accruing Loans 90 or More Days Past Due
Real estate construction and development loans |  | 12,198 |  |  | 12,198 |  |  | — |  |  | 11,403 |  |  | 11,403 |  |  | — |
Agricultural loans |  | — |  |  | — |  |  | — |  |  | — |  |  | 45 |  |  | — |
Installment and student loans |  | — |  |  | — |  |  | 421 |  |  | — |  |  | — |  |  | 426 |
Total |  | $ | 12,198 |  |  | $ | 12,198 |  |  | $ | 421 |  |  | $ | 11,403 |  |  | $ | 11,448 |  |  | $ | 426 |
Schedule of Credit Quality Indicators for Outstanding Student Loans | The following table presents loans by class, net of unearned fees and loan origination costs, by risk rating and period indicated as of December 31, 2024:
|  | Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2024 |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans |  |
(In thousands) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |  |  | Total
Commercial and business |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,374 |  |  | $ | 3,640 |  |  | $ | 2,076 |  |  | $ | 341 |  |  | $ | 408 |  |  | $ | 764 |  |  | $ | 29,349 |  |  | $ | — |  |  | $ | 38,952 |
Special Mention |  | — |  |  | 2,000 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,000 |
Substandard |  | — |  |  | — |  |  | 68 |  |  | — |  |  | 6,989 |  |  | — |  |  | 15,644 |  |  | — |  |  | 22,701 |
Total |  | $ | 2,374 |  |  | $ | 5,640 |  |  | $ | 2,144 |  |  | $ | 341 |  |  | $ | 7,397 |  |  | $ | 764 |  |  | $ | 44,993 |  |  | $ | — |  |  | $ | 63,653 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Government program |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 60 |  |  | $ | — |  |  | $ | — |  |  | $ | 62 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2 |  |  | $ | 60 |  |  | $ | — |  |  | $ | — |  |  | $ | 62 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 78,889 |  |  | $ | 32,794 |  |  | $ | 80,121 |  |  | $ | 31,376 |  |  | $ | 37,480 |  |  | $ | 151,066 |  |  | $ | 1,491 |  |  | $ | — |  |  | $ | 413,217 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,653 |  |  | — |  |  | — |  |  | — |  |  | 5,653 |
Substandard |  | — |  |  | — |  |  | — |  |  | 552 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 552 |
Total |  | $ | 78,889 |  |  | $ | 32,794 |  |  | $ | 80,121 |  |  | $ | 31,928 |  |  | $ | 43,133 |  |  | $ | 151,066 |  |  | $ | 1,491 |  |  | $ | — |  |  | $ | 419,422 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Residential mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | — |  |  | $ | — |  |  | $ | 23,929 |  |  | $ | 196,340 |  |  | $ | 2,480 |  |  | $ | 6,226 |  |  | $ | — |  |  | $ | — |  |  | $ | 228,975 |
Pass |  | 4,824 |  |  | 3,969 |  |  | 1,926 |  |  | 4,320 |  |  | 1,580 |  |  | 1,654 |  |  | — |  |  | — |  |  | 18,273 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 4,824 |  |  | $ | 3,969 |  |  | $ | 25,855 |  |  | $ | 200,660 |  |  | $ | 4,060 |  |  | $ | 7,880 |  |  | $ | — |  |  | $ | — |  |  | $ | 247,248 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Home improvement and home equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |
Pass |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |  |  | $ | — |  |  | $ | — |  |  | $ | 24 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
|  | Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2024 |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans |  |
(In thousands) |  | 2024 |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | Prior |  |  |  | Total
Real estate construction and development |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 13,761 |  |  | $ | 15,743 |  |  | $ | 8,004 |  |  | $ | — |  |  | $ | 32,389 |  |  | $ | 2,473 |  |  | $ | 26,577 |  |  | $ | — |  |  | $ | 98,947 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,524 |  |  | 8,674 |  |  | — |  |  | — |  |  | 12,198 |
Total |  | $ | 13,761 |  |  | $ | 15,743 |  |  | $ | 8,004 |  |  | $ | — |  |  | $ | 35,913 |  |  | $ | 11,147 |  |  | $ | 26,577 |  |  | $ | — |  |  | $ | 111,145 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Agricultural |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 3,097 |  |  | $ | 2,115 |  |  | $ | 3,990 |  |  | $ | 490 |  |  | $ | 2,861 |  |  | $ | 11,586 |  |  | $ | 22,705 |  |  | $ | — |  |  | $ | 46,844 |
Special Mention |  | — |  |  | — |  |  | 1,503 |  |  | — |  |  | 440 |  |  | 285 |  |  | — |  |  | — |  |  | 2,228 |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 390 |  |  | — |  |  | 390 |
Total |  | $ | 3,097 |  |  | $ | 2,115 |  |  | $ | 5,493 |  |  | $ | 490 |  |  | $ | 3,301 |  |  | $ | 11,871 |  |  | $ | 23,095 |  |  | $ | — |  |  | $ | 49,462 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Installment and student loans |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | 440 |  |  | $ | 1,607 |  |  | $ | 103 |  |  | $ | 99 |  |  | $ | 8 |  |  | $ | 34,162 |  |  | $ | 606 |  |  | $ | — |  |  | $ | 37,025 |
Pass |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 421 |  |  | — |  |  | — |  |  | 421 |
Total |  | $ | 440 |  |  | $ | 1,607 |  |  | $ | 103 |  |  | $ | 99 |  |  | $ | 8 |  |  | $ | 34,583 |  |  | $ | 606 |  |  | $ | — |  |  | $ | 37,446 |
Current period gross charge-offs |  | $ | — |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,842 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,862 |
Total loans outstanding (risk rating): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | 440 |  |  | $ | 1,607 |  |  | $ | 24,032 |  |  | $ | 196,439 |  |  | $ | 2,488 |  |  | $ | 40,412 |  |  | $ | 606 |  |  | $ | — |  |  | $ | 266,024 |
Pass |  | 102,945 |  |  | 58,261 |  |  | 96,117 |  |  | 36,527 |  |  | 74,720 |  |  | 167,603 |  |  | 80,122 |  |  | — |  |  | 616,295 |
Special Mention |  | — |  |  | 2,000 |  |  | 1,503 |  |  | — |  |  | 6,093 |  |  | 285 |  |  | — |  |  | — |  |  | 9,881 |
Substandard |  | — |  |  | — |  |  | 68 |  |  | 552 |  |  | 10,513 |  |  | 9,095 |  |  | 16,034 |  |  | — |  |  | 36,262 |
Grand total loans |  | $ | 103,385 |  |  | $ | 61,868 |  |  | $ | 121,720 |  |  | $ | 233,518 |  |  | $ | 93,814 |  |  | $ | 217,395 |  |  | $ | 96,762 |  |  | $ | — |  |  | $ | 928,462 |
Current period gross charge-offs |  | $ | — |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,842 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,862 |
The following table presents loans by class, net of deferred fees, by risk rating and period indicated as of December 31, 2023:
|  | Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2023 |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans |  |
(In thousands) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |  |  | Total
Commercial and business |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 5,989 |  |  | $ | 5,066 |  |  | $ | 1,594 |  |  | $ | 810 |  |  | $ | 6 |  |  | $ | 939 |  |  | $ | 38,869 |  |  | $ | — |  |  | $ | 53,273 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 5,989 |  |  | $ | 5,066 |  |  | $ | 1,594 |  |  | $ | 810 |  |  | $ | 6 |  |  | $ | 939 |  |  | $ | 38,869 |  |  | $ | — |  |  | $ | 53,273 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Government program |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |  |  | $ | 66 |  |  | $ | — |  |  | $ | — |  |  | $ | 74 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |  |  | $ | 66 |  |  | $ | — |  |  | $ | — |  |  | $ | 74 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Commercial real estate |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 40,929 |  |  | $ | 81,823 |  |  | $ | 52,019 |  |  | $ | 39,155 |  |  | $ | 60,626 |  |  | $ | 105,285 |  |  | $ | 501 |  |  | $ | — |  |  | $ | 380,338 |
Special Mention |  | — |  |  | — |  |  | — |  |  | 5,796 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,796 |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 40,929 |  |  | $ | 81,823 |  |  | $ | 52,019 |  |  | $ | 44,951 |  |  | $ | 60,626 |  |  | $ | 105,285 |  |  | $ | 501 |  |  | $ | — |  |  | $ | 386,134 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Residential mortgages |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | — |  |  | $ | 24,835 |  |  | $ | 206,257 |  |  | $ | 2,260 |  |  | $ | — |  |  | $ | 8,969 |  |  | $ | — |  |  | $ | — |  |  | $ | 242,321 |
Pass |  | 4,189 |  |  | 1,925 |  |  | 5,253 |  |  | 1,579 |  |  | 3,494 |  |  | 1,778 |  |  | — |  |  | — |  |  | 18,218 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | 4,189 |  |  | $ | 26,760 |  |  | $ | 211,510 |  |  | $ | 3,839 |  |  | $ | 3,494 |  |  | $ | 10,747 |  |  | $ | — |  |  | $ | — |  |  | $ | 260,539 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Home improvement and home equity |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 32 |  |  | $ | — |  |  | $ | — |  |  | $ | 32 |
Pass |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | — |  |  | — |  |  | 4 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 36 |  |  | $ | — |  |  | $ | — |  |  | $ | 36 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
|  | Term Loans Amortized Cost Basis by Origination Year - As of December 31, 2023 |  | Revolving Loans Amortized Cost Basis |  | Revolving Loans Converted to Term Loans |  |
(In thousands) |  | 2023 |  | 2022 |  | 2021 |  | 2020 |  | 2019 |  | Prior |  |  |  | Total
Real estate construction and development |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 27,951 |  |  | $ | 9,571 |  |  | $ | — |  |  | $ | 31,308 |  |  | $ | — |  |  | $ | 3,978 |  |  | $ | 43,734 |  |  | $ | — |  |  | $ | 116,542 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | 3,524 |  |  | — |  |  | 7,878 |  |  | — |  |  | — |  |  | 11,402 |
Total |  | $ | 27,951 |  |  | $ | 9,571 |  |  | $ | — |  |  | $ | 34,832 |  |  | $ | — |  |  | $ | 11,856 |  |  | $ | 43,734 |  |  | $ | — |  |  | $ | 127,944 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Agricultural |  |  |  |  |  |  |  |  |  |
Pass |  | $ | 2,086 |  |  | $ | 4,163 |  |  | $ | 457 |  |  | $ | 2,958 |  |  | $ | 1,592 |  |  | $ | 12,574 |  |  | $ | 22,556 |  |  | $ | — |  |  | $ | 46,386 |
Special Mention |  | — |  |  | 2,105 |  |  | — |  |  | 513 |  |  | — |  |  | 356 |  |  | — |  |  | — |  |  | 2,974 |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 45 |  |  | 390 |  |  | — |  |  | 435 |
Total |  | $ | 2,086 |  |  | $ | 6,268 |  |  | $ | 457 |  |  | $ | 3,471 |  |  | $ | 1,592 |  |  | $ | 12,975 |  |  | $ | 22,946 |  |  | $ | — |  |  | $ | 49,795 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Installment and student loans |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | 708 |  |  | $ | 250 |  |  | $ | 142 |  |  | $ | 74 |  |  | $ | 483 |  |  | $ | 38,519 |  |  | $ | 472 |  |  | $ | — |  |  | $ | 40,648 |
Pass |  | 1,173 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,173 |
Special Mention |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Substandard |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 426 |  |  | — |  |  | — |  |  | 426 |
Total |  | $ | 1,881 |  |  | $ | 250 |  |  | $ | 142 |  |  | $ | 74 |  |  | $ | 483 |  |  | $ | 38,945 |  |  | $ | 472 |  |  | $ | — |  |  | $ | 42,247 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,588 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,588 |
Total loans outstanding (risk rating): |  |  |  |  |  |  |  |  |  |  |  |  |  |
Not graded |  | $ | 708 |  |  | $ | 25,085 |  |  | $ | 206,399 |  |  | $ | 2,334 |  |  | $ | 483 |  |  | $ | 47,520 |  |  | $ | 472 |  |  | $ | — |  |  | $ | 283,001 |
Pass |  | 82,317 |  |  | 102,548 |  |  | 59,323 |  |  | 75,818 |  |  | 65,718 |  |  | 124,624 |  |  | 105,660 |  |  | — |  |  | 616,008 |
Special Mention |  | — |  |  | 2,105 |  |  | — |  |  | 6,309 |  |  | — |  |  | 356 |  |  | — |  |  | — |  |  | 8,770 |
Substandard |  | — |  |  | — |  |  | — |  |  | 3,524 |  |  | — |  |  | 8,349 |  |  | 390 |  |  | — |  |  | 12,263 |
Grand total loans |  | $ | 83,025 |  |  | $ | 129,738 |  |  | $ | 265,722 |  |  | $ | 87,985 |  |  | $ | 66,201 |  |  | $ | 180,849 |  |  | $ | 106,522 |  |  | $ | — |  |  | $ | 920,042 |
Current period gross charge-offs |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 2,588 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,588 |
The following tables summarize the credit quality indicators for outstanding student loans as of December 31, 2024 and December 31, 2023:
|  | December 31, 2024 |  | December 31, 2023
(Dollars in thousands) |  | Number of Loans |  | Principal Amount |  | Accrued Interest |  | Number of Loans |  | Principal Amount |  | Accrued Interest
School |  | 26 |  |  | $ | 692 |  |  | $ | 512 |  |  | 44 |  |  | $ | 1,242 |  |  | $ | 734 |
Grace |  | 3 |  |  | 100 |  |  | 63 |  |  | 18 |  |  | 473 |  |  | 296 |
Repayment |  | 406 |  |  | 19,647 |  |  | 324 |  |  | 444 |  |  | 20,833 |  |  | 289 |
Deferment |  | 219 |  |  | 9,954 |  |  | 2,593 |  |  | 237 |  |  | 10,163 |  |  | 2,022 |
Forbearance |  | 65 |  |  | 3,496 |  |  | 133 |  |  | 98 |  |  | 5,782 |  |  | 133 |
Total |  | 719 |  |  | $ | 33,889 |  |  | $ | 3,625 |  |  | 841 |  |  | $ | 38,493 |  |  | $ | 3,474 |
Schedule of Allowance for Credit Loses by Loan Category | The following summarizes the activity in the allowance for credit losses by loan category for the years ended December 31, 2024, and 2023 (in thousands).
December 31, 2024 |  | Commercial and Industrial |  | Real Estate Mortgage |  | Real Estate Construction Development |  | Agricultural |  | Installment & Student Loans |  |  |  |  |  | Total
Beginning balance |  | $ | 1,903 |  |  | $ | 2,524 |  |  | $ | 3,614 |  |  | $ | 1,250 |  |  | $ | 6,367 |  |  |  |  |  |  | $ | 15,658 |
Provision for (reversal of) credit losses (1) |  | 935 |  |  | 104 |  |  | (1,110) |  |  | (222) |  |  | 3,312 |  |  |  |  |  |  | 3,019 |
Charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | (2,862) |  |  |  |  |  |  | (2,862) |
Recoveries |  | 1 |  |  | 6 |  |  | — |  |  | — |  |  | 224 |  |  |  |  |  |  | 231 |
Ending balance |  | $ | 2,839 |  |  | $ | 2,634 |  |  | $ | 2,504 |  |  | $ | 1,028 |  |  | $ | 7,041 |  |  |  |  |  |  | $ | 16,046 |
(1) Excludes a $56,000 reversal of provision for unfunded loan commitments during the year.
December 31, 2023 |  | Commercial and Industrial |  | Real Estate Mortgage |  | Real Estate Construction and Development |  | Agricultural |  | Installment & Student Loans |  | Unallocated |  | Total
Beginning balance |  | $ | 955 |  |  | $ | 1,363 |  |  | $ | 3,409 |  |  | $ | 525 |  |  | $ | 2,898 |  |  | $ | 1,032 |  |  | $ | 10,182 |
CECL Adjustment |  | 1,336 |  |  | 2,359 |  |  | 720 |  |  | 1,025 |  |  | 1,959 |  |  | (1,032) |  |  | 6,367 |
Provision for (reversal of) credit losses (1) |  | (390) |  |  | (1,253) |  |  | (515) |  |  | (300) |  |  | 3,888 |  |  | — |  |  | 1,430 |
Charge-offs |  | — |  |  | — |  |  | — |  |  | — |  |  | (2,588) |  |  | — |  |  | (2,588) |
Recoveries |  | 2 |  |  | 55 |  |  | — |  |  | — |  |  | 210 |  |  | — |  |  | 267 |
Ending balance |  | $ | 1,903 |  |  | $ | 2,524 |  |  | $ | 3,614 |  |  | $ | 1,250 |  |  | $ | 6,367 |  |  | $ | — |  |  | $ | 15,658 |
(1) Excludes a $30,000 provision for unfunded loan commitments during the year.
Schedule of Financial Instruments Owned and Pledged as Collateral | The following table presents the recorded investment in collateral-dependent loans by type of loan:
|  | December 31, 2024 |  | December 31, 2023
(Dollars in thousands) |  | Amount |  |  | Number of Collateral-Dependent Loans |  | Amount |  |  | Number of Collateral-Dependent Loans
Real estate construction and development loans |  | $ | 12,185 |  |  |  | 3 |  |  | $ | 11,390 |  |  |  | 3 |
Agricultural loans |  | 390 |  |  |  | 1 |  |  | 390 |  |  |  | 1 |
Total |  | $ | 12,575 |  |  |  | 4 |  |  | $ | 11,780 |  |  |  | 4 |
Schedule of Loan Modifications | The following tables present loan modifications made to borrowers experiencing financial difficulties for the period indicated:
|  | December 31, 2024
(In thousands) |  | Principal Forgiveness |  | Term Extension |  | Interest Rate Reduction |  | Payment Delay |  | Total % of Loans Outstanding
Commercial and business loans |  | $ | — |  |  | $ | 6,989 |  |  | $ | — |  |  | $ | — |  |  | 0.75%
The following table presents the financial effects of loan modifications made to borrower experiencing financial difficulties:
|  |  |  | December 31, 2024
(In thousands) |  |  |  | 12 months term extension
Commercial and business loans |  |  |  | 6,989 |

X
- Definition Tabular disclosure of loans to directors, officers, principal shareholders and their affiliates. + References No definition available. + Details
Name: | ubfo_SummaryOfLoansToAffiliatesTableTextBlock
Namespace Prefix: | ubfo_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-14 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 80 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479294/326-20-55-80 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
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

X
- Definition Tabular disclosure of financial instruments held by the entity for its own account for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions. Description may include equity, fixed income, debt or other securities. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 860 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481444/860-30-45-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 860 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481420/860-30-50-1A + Details
Name: | us-gaap_ScheduleOfFinancialInstrumentsOwnedAndPledgedAsCollateralTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable on nonaccrual status. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-16 + Details
Name: | us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified for debtor experiencing financial difficulty. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-34 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 33 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-33 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147481933/310-10-55-12A Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481962/310-10-50-42 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration