Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2024

Banking and Thrift, Other Disclosure [Abstract]

Schedule of Capital Requirements Under Banking Regulations

The following table shows the Company’s and the Bank’s regulatory capital and regulatory capital ratios at December 31, 2024, and 2023, compared to the applicable capital adequacy guidelines:


	Actual		Minimum requirement for Community Bank Leverage Ratio (1)
(In thousands)	Amount	Ratio	Amount	Ratio
As of December 31, 2024 (Company):
Tier 1 Leverage (to Average Assets)	$153,673	12.57%	$110,011	9.00%
As of December 31, 2024 (Bank):
Tier 1 Leverage (to Average Assets)	153,601	12.59%	109,829	9.00%
As of December 31, 2023 (Company):
Tier 1 Leverage (to Average Assets)	147,350	11.82%	112,035	9.00%
As of December 31, 2023 (Bank):
Tier 1 Leverage (to Average Assets)	147,249	11.83%	112,152	9.00%

(1) If the subsidiary bank’s leverage ratio exceeds the minimum ratio under the Community Bank Leverage Ratio Framework, it is deemed to be “well capitalized” under all other regulatory capital requirements. The Company may revert back to the regulatory framework for “Prompt Corrective Action” if the subsidiary bank’s leverage ratio falls below the minimum under the Community Bank Leverage Ratio Framework.