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SECURITIES (Tables) | 3 Months Ended
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Mar. 31, 2026
SECURITIES |
Investment Securities Available for Sale and Held to Maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2026
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | Allowance | ​ ​ ​ | ​ | ​
​ | ​ ​ ​ | Amortized | ​ ​ ​ | Unrealized | ​ ​ ​ | Unrealized | ​ ​ ​ | for Credit | ​ | ​ | ​
(in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Losses | ​ | Fair Value
Available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 24,410 | ​ | $ | 58 | ​ | $ | (315) | ​ | $ | — | ​ | $ | 24,153
U.S. GSE residential collateralized mortgage obligations | ​ | ​ | 12,295 | ​ | ​ | 52 | ​ | ​ | (28) | ​ | ​ | — | ​ | ​ | 12,319
U.S. GSE commercial mortgage-backed securities | ​ | ​ | 2,581 | ​ | ​ | — | ​ | ​ | (72) | ​ | ​ | — | ​ | ​ | 2,509
Collateralized loan obligations | ​ | ​ | 31,752 | ​ | ​ | 14 | ​ | ​ | (175) | ​ | ​ | — | ​ | ​ | 31,591
Corporate bonds | ​ | ​ | 35,330 | ​ | ​ | 340 | ​ | ​ | (443) | ​ | ​ | — | ​ | ​ | 35,227
Total available for sale securities | ​ | $ | 106,368 | ​ | $ | 464 | ​ | $ | (1,033) | ​ | $ | — | ​ | $ | 105,799
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​ | Allowance
​ | ​ | Amortized | ​ ​ ​ | Unrecognized | ​ ​ ​ | Unrecognized | ​ ​ ​ | ​ | ​ | for Credit
​ | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value | ​ | Losses
Held to maturity: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 963 | ​ | $ | — | ​ | $ | (44) | ​ | $ | 919 | ​ | $ | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2025
​ | ​ ​ ​ | ​ | ​ | ​ ​ ​ | Gross | ​ ​ ​ | Gross | ​ ​ ​ | Allowance | ​ ​ ​ | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | for Credit | ​ | ​ | ​
(in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Losses | ​ | Fair Value
Available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. Treasury securities | ​ | $ | 4,495 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 4,495
U.S. GSE residential mortgage-backed securities | ​ | ​ | 18,055 | ​ | ​ | 193 | ​ | ​ | (105) | ​ | ​ | — | ​ | ​ | 18,143
U.S. GSE residential collateralized mortgage obligations | ​ | ​ | 11,691 | ​ | ​ | 69 | ​ | ​ | (3) | ​ | ​ | — | ​ | ​ | 11,757
U.S. GSE commercial mortgage-backed securities | ​ | ​ | 2,583 | ​ | ​ | — | ​ | ​ | (51) | ​ | ​ | — | ​ | ​ | 2,532
Collateralized loan obligations | ​ | ​ | 32,758 | ​ | ​ | 30 | ​ | ​ | (124) | ​ | ​ | — | ​ | ​ | 32,664
Corporate bonds | ​ |  | 30,250 | ​ |  | 294 | ​ |  | (583) | ​ |  | — | ​ |  | 29,961
Total available for sale securities | ​ | $ | 99,832 | ​ | $ | 586 | ​ | $ | (866) | ​ | $ | — | ​ | $ | 99,552
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ ​ ​ | Gross | ​ ​ ​ | Gross | ​ | ​ | ​ | ​ ​ ​ | Allowance
​ | ​ | Amortized | ​ | Unrecognized | ​ | Unrecognized | ​ | ​ | ​ | ​ | for Credit
​ | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value | ​ | Losses
Held to maturity: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 1,017 | ​ | $ | — | ​ | $ | (41) | ​ | $ | 976 | ​ | $ | —
Securities Portfolio by Contractual Maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2026
​ | ​ ​ ​ | Amortized | ​ ​ ​ | Fair
(in thousands) | ​ | Cost | ​ | Value
Securities available for sale: | ​ | ​ | ​ | ​ | ​ | ​
Due in one year or less | ​ | $ | 1,000 | ​ | $ | 1,018
Due after one year through five years | ​ | ​ | 2,500 | ​ | ​ | 2,478
Five to ten years | ​ | ​ | 31,830 | ​ | ​ | 31,731
Beyond ten years | ​ |  | 31,752 | ​ |  | 31,591
U.S. GSE residential mortgage-backed securities | ​ |  | 24,410 | ​ |  | 24,153
U.S. GSE residential collateralized mortgage obligations | ​ |  | 12,295 | ​ |  | 12,319
U.S. GSE commercial mortgage-backed securities | ​ |  | 2,581 | ​ |  | 2,509
Total securities available for sale | ​ | ​ | 106,368 | ​ | ​ | 105,799
Securities held to maturity: | ​ |  | ​ | ​ |  | ​
U.S. GSE residential mortgage-backed securities | ​ |  | 963 | ​ |  | 919
Total investment securities | ​ | $ | 107,331 | ​ | $ | 106,718
Gross Unrealized Losses and Fair Values of Investment Securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2026
​ | ​ | Less than Twelve Months | ​ | Twelve Months or Longer | ​ | Total
​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ ​ | Gross
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | Number of | ​ | ​ | ​ | ​ | Unrealized
(in thousands, except number of securities) | ​ | Fair Value | ​ | Losses | ​ | Fair Value | ​ | Losses | ​ | Securities | ​ | Fair Value | ​ | Losses
Available-for-sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 15,965 | ​ | $ | (215) | ​ | $ | 1,093 | ​ | $ | (100) | ​ | 13 | ​ | $ | 17,058 | ​ | $ | (315)
U.S. GSE residential collateralized mortgage obligations | ​ | ​ | 1,950 | ​ | ​ | (25) | ​ | ​ | 18 | ​ | ​ | (3) | ​ | 2 | ​ | ​ | 1,968 | ​ | ​ | (28)
U.S. GSE commercial mortgage-backed securities | ​ | ​ | 2,509 | ​ | ​ | (72) | ​ | ​ | — | ​ | ​ | — | ​ | 1 | ​ | ​ | 2,509 | ​ | ​ | (72)
Collateralized loan obligations | ​ | ​ | 27,589 | ​ | ​ | (175) | ​ | ​ | — | ​ | ​ | — | ​ | 6 | ​ | ​ | 27,589 | ​ | ​ | (175)
Corporate bonds | ​ | ​ | 6,529 | ​ | ​ | (31) | ​ | ​ | 11,088 | ​ | ​ | (412) | ​ | 12 | ​ | ​ | 17,617 | ​ | ​ | (443)
Total available-for-sale | ​ | $ | 54,542 | ​ | $ | (518) | ​ | $ | 12,199 | ​ | $ | (515) | ​ | 34 | ​ | $ | 66,741 | ​ | $ | (1,033)
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2025
​ | ​ | Less than Twelve Months | ​ | Twelve Months or Longer | ​ | Total
​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | ​ | ​ ​ | Gross
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | ​ | ​ | ​ | Unrealized | ​ | Number of | ​ | ​ | ​ | ​ | Unrealized
(in thousands, except number of securities) | ​ | Fair Value | ​ | Losses | ​ | Fair Value | ​ | Losses | ​ | Securities | ​ | Fair Value | ​ | Losses
Available-for-sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. GSE residential mortgage-backed securities | ​ | $ | 4,562 | ​ | $ | (10) | ​ | $ | 2,719 | ​ | $ | (95) | ​ | 7 | ​ | $ | 7,281 | ​ | $ | (105)
U.S. GSE residential collateralized mortgage obligations | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 19 | ​ | ​ | (3) | ​ | 1 | ​ | ​ | 19 | ​ | ​ | (3)
U.S. GSE commercial mortgage-backed securities | ​ | ​ | 2,532 | ​ | ​ | (51) | ​ | ​ | — | ​ | ​ | — | ​ | 1 | ​ | ​ | 2,532 | ​ | ​ | (51)
Collateralized loan obligations | ​ | ​ | 23,654 | ​ | ​ | (124) | ​ | ​ | — | ​ | ​ | — | ​ | 5 | ​ | ​ | 23,654 | ​ | ​ | (124)
Corporate bonds | ​ | ​ | 1,987 | ​ | ​ | (14) | ​ | ​ | 10,931 | ​ | ​ | (569) | ​ | 8 | ​ | ​ | 12,918 | ​ | ​ | (583)
Total available-for-sale | ​ | $ | 32,735 | ​ | $ | (199) | ​ | $ | 13,669 | ​ | $ | (667) | ​ | 22 | ​ | $ | 46,404 | ​ | $ | (866)

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