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INVESTMENT SECURITIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract] |
Schedule of Available for Sale Securities Reconciliation | The amortized cost, estimated fair value and related unrealized gains and losses on securities available-for-sale and unrecognized gains and losses on securities held-to-maturity as of December 31, 2024 and December 31, 2023, respectively, were as follows:
Available-for-sale securities | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
December 31, 2024 |  |  |  |  |  |  |
U.S. government agency obligations | $ | 13,853 |  |  | $ | 28 |  |  | $ | 128 |  |  | $ | 13,753 |
Mortgage-backed securities | 87,762 |  |  | — |  |  | 19,376 |  |  | 68,386 |
Corporate debt securities | 44,931 |  |  | 111 |  |  | 3,326 |  |  | 41,716 |
Asset-backed securities | 19,058 |  |  | 43 |  |  | 105 |  |  | 18,996 |
Total available-for-sale securities | $ | 165,604 |  |  | $ | 182 |  |  | $ | 22,935 |  |  | $ | 142,851 |
December 31, 2023 |  |  |  |  |  |  |
U.S. government agency obligations | $ | 16,655 |  |  | $ | 77 |  |  | $ | 156 |  |  | $ | 16,576 |
Mortgage-backed securities | 91,091 |  |  | — |  |  | 17,611 |  |  | 73,480 |
Corporate debt securities | 47,158 |  |  | 6 |  |  | 5,990 |  |  | 41,174 |
Asset-backed securities | 24,840 |  |  | 12 |  |  | 339 |  |  | 24,513 |
Total available-for-sale securities | $ | 179,744 |  |  | $ | 95 |  |  | $ | 24,096 |  |  | $ | 155,743 |
Schedule of Held to Maturity Securities |
Held-to-maturity securities | Amortized Cost |  | Gross Unrecognized Gains |  | Gross Unrecognized Losses |  | Estimated Fair Value
December 31, 2024 |  |  |  |  |  |  |
Obligations of states and political subdivisions | $ | 500 |  |  | $ | — |  |  | $ | 22 |  |  | $ | 478 |
Mortgage-backed securities | 85,004 |  |  | 4 |  |  | 19,864 |  |  | 65,144 |
Total held-to-maturity securities | $ | 85,504 |  |  | $ | 4 |  |  | $ | 19,886 |  |  | $ | 65,622 |
December 31, 2023 |  |  |  |  |  |  |
Obligations of states and political subdivisions | $ | 600 |  |  | $ | — |  |  | $ | 35 |  |  | $ | 565 |
Mortgage-backed securities | 90,629 |  |  | 6 |  |  | 17,938 |  |  | 72,697 |
Total held-to-maturity securities | $ | 91,229 |  |  | $ | 6 |  |  | $ | 17,973 |  |  | $ | 73,262 |
Schedule of Maturity of Securities | The estimated fair value of available-for-sale securities at December 31, 2024 and December 31, 2023, by contractual maturity, is shown below. Expected maturities will differ from contractual maturities on mortgage-backed securities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Expected maturities may differ from contractual maturities on certain securities due to the call feature. Securities not due at a single maturity date are shown separately.
|  | December 31, 2024 |  | December 31, 2023
Available-for-sale securities |  | Amortized Cost |  | Estimated Fair Value |  | Amortized Cost |  | Estimated Fair Value
Due in one year or less |  | $ | 4,526 |  |  | $ | 4,487 |  |  | $ | — |  |  | $ | — |
Due after one year through five years |  | 8,652 |  |  | 8,715 |  |  | 13,986 |  |  | 13,703 |
Due after five years through ten years |  | 41,380 |  |  | 38,033 |  |  | 45,549 |  |  | 39,701 |
Due after ten years |  | 23,284 |  |  | 23,230 |  |  | 29,118 |  |  | 28,859 |
Total securities with contractual maturities |  | 77,842 |  |  | 74,465 |  |  | 88,653 |  |  | 82,263 |
Mortgage-backed securities |  | 87,762 |  |  | 68,386 |  |  | 91,091 |  |  | 73,480 |
Total available-for-sale securities |  | $ | 165,604 |  |  | $ | 142,851 |  |  | $ | 179,744 |  |  | $ | 155,743 |
|  | December 31, 2024 |  | December 31, 2023
Held-to-maturity securities |  | Amortized Cost |  | Estimated Fair Value |  | Amortized Cost |  | Estimated Fair Value
Due in one year or less |  | $ | 100 |  |  | $ | 100 |  |  | $ | 100 |  |  | $ | 100 |
Due after one year through five years |  | 400 |  |  | 378 |  |  | 500 |  |  | 465 |
Due after five years through ten years |  | — |  |  | — |  |  | — |  |  | — |
Total securities with contractual maturities |  | 500 |  |  | 478 |  |  | 600 |  |  | 565 |
Mortgage-backed securities |  | 85,004 |  |  | 65,144 |  |  | 90,629 |  |  | 72,697 |
Total held-to-maturity securities |  | $ | 85,504 |  |  | $ | 65,622 |  |  | $ | 91,229 |  |  | $ | 73,262 |
Schedule of Available for Sale Securities with Unrealized Losses | Securities with unrealized losses for which an allowance for credit losses has not been recorded at December 31, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:
|  | Less than 12 Months |  | 12 Months or More |  | Total
Available-for-sale securities |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency obligations |  | $ | 5,472 |  |  | $ | 25 |  |  | $ | 3,334 |  |  | $ | 103 |  |  | $ | 8,806 |  |  | $ | 128 |
Mortgage-backed securities |  | 2,732 |  |  | 112 |  |  | 65,654 |  |  | 19,264 |  |  | 68,386 |  |  | 19,376 |
Corporate debt securities |  | — |  |  | — |  |  | 36,806 |  |  | 3,326 |  |  | 36,806 |  |  | 3,326 |
Asset-backed securities |  | 939 |  |  | 1 |  |  | 12,210 |  |  | 104 |  |  | 13,149 |  |  | 105 |
Total |  | $ | 9,143 |  |  | $ | 138 |  |  | $ | 118,004 |  |  | $ | 22,797 |  |  | $ | 127,147 |  |  | $ | 22,935 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency obligations |  | $ | 3,776 |  |  | $ | 5 |  |  | $ | 3,627 |  |  | $ | 151 |  |  | $ | 7,403 |  |  | $ | 156 |
Mortgage-backed securities |  | — |  |  | — |  |  | 73,476 |  |  | 17,611 |  |  | 73,476 |  |  | 17,611 |
Corporate debt securities |  | 3,350 |  |  | 76 |  |  | 35,916 |  |  | 5,914 |  |  | 39,266 |  |  | 5,990 |
Asset-backed securities |  | 3,348 |  |  | 22 |  |  | 20,008 |  |  | 317 |  |  | 23,356 |  |  | 339 |
Total |  | $ | 10,474 |  |  | $ | 103 |  |  | $ | 133,027 |  |  | $ | 23,993 |  |  | $ | 143,501 |  |  | $ | 24,096 |

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