XML 43 R35.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Summary of Assets Measured at Fair Value on Recurring Basis | The tables below present the recorded amount of assets as of June 30, 2025 and December 31, 2024 measured at fair value on a recurring basis.
|  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  |  |  |  | Quoted prices |  |  | Significant |  |  | Significant |
|  |  |  |  | in active |  |  | other |  |  | other |
|  |  |  |  | markets for |  |  | observable |  |  | unobservable |
As of June 30, 2025 |  | Total |  |  | identical assets |  |  | inputs |  |  | inputs |
|  | (dollars in thousands) |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |
Agencies |  | $ | 465 |  |  | $ | — |  |  | $ | 465 |  |  | $ | — |
Corporate securities |  |  | 1,583 |  |  |  | — |  |  |  | 1,583 |  |  |  | — |
Mortgage-backed securities |  |  | 17,066 |  |  |  | — |  |  |  | 17,066 |  |  |  | — |
Treasuries |  |  | 16,245 |  |  |  | — |  |  |  | 16,245 |  |  |  | — |
|  | $ | 35,359 |  |  | $ | — |  |  | $ | 35,359 |  |  | $ | — |
|  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  |  |  |  | Quoted prices |  |  | Significant |  |  | Significant |
|  |  |  |  | in active |  |  | other |  |  | other |
|  |  |  |  | markets for |  |  | observable |  |  | unobservable |
As of December 31, 2024 |  | Total |  |  | identical assets |  |  | inputs |  |  | inputs |
|  | (dollars in thousands) |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |
Agencies |  | $ | 522 |  |  | $ | — |  |  | $ | 522 |  |  | $ | — |
Corporate securities |  |  | 1,535 |  |  |  | — |  |  |  | 1,535 |  |  |  | — |
Mortgage-backed securities |  |  | 20,894 |  |  |  | — |  |  |  | 20,894 |  |  |  | — |
Treasuries |  |  | 14,308 |  |  |  | — |  |  |  | 14,308 |  |  |  | — |
|  | $ | 37,259 |  |  | $ | — |  |  | $ | 37,259 |  |  | $ | — |
Summary of Assets Measured at Fair Value on Non Recurring Basis | Assets measured at fair value on a non-recurring basis as of June 30, 2025 and December 31, 2024 were included in the tables below.
|  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  |  |  |  | Quoted prices |  |  | Significant |  |  | Significant |
|  |  |  |  | in active |  |  | other |  |  | other |
|  |  |  |  | markets for |  |  | observable |  |  | unobservable |
As of June 30, 2025 |  | Total |  |  | identical assets |  |  | inputs |  |  | inputs |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated loans |  | $ | 4,391 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,391 |
Foreclosed real estate and repossessed assets |  |  | 157 |  |  |  | — |  |  |  | — |  |  |  | 157 |
|  | $ | 4,548 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,548 |
|  |  |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
|  |  |  |  | Quoted prices |  |  | Significant |  |  | Significant |
|  |  |  |  | in active |  |  | other |  |  | other |
|  |  |  |  | markets for |  |  | observable |  |  | unobservable |
As of December 31, 2024 |  | Total |  |  | identical assets |  |  | inputs |  |  | inputs |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated loans |  | $ | 4,010 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,010 |
Foreclosed real estate and repossessed assets |  |  | 159 |  |  |  | — |  |  |  | — |  |  |  | 159 |
|  | $ | 4,169 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,169 |

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique used to measure similar asset in prior period by class of asset or liability on non-recurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration