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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 82,431 $ 50,172
Available for sale ("AFS") securities, at fair value (amortized cost of $156,199, net of allowance for credit losses of $0 at September 30, 2025 and amortized cost of $165,604, net of allowance for credit losses of $0 at December 31, 2024) 137,639 142,851
Held to maturity ("HTM") securities, at amortized cost (fair value of $64,879, net of allowance for credit losses of $0 at September 30, 2025 and fair value of $65,622, net of allowance for credit losses of $0 at December 31, 2024) 81,526 85,504
Equity investments 5,675 4,702
Other investments 12,370 12,500
Loans receivable 1,323,010 1,368,981
Allowance for credit losses (22,182) (20,549)
Loans receivable, net 1,300,828 1,348,432
Loans held for sale 5,346 1,329
Mortgage servicing rights, net 3,532 3,663
Office properties and equipment, net 16,244 17,075
Accrued interest receivable 6,159 5,653
Intangible assets 508 979
Goodwill 31,498 31,498
Foreclosed and repossessed assets, net 911 915
Bank owned life insurance ("BOLI") 26,700 26,102
Other assets 15,620 17,144
TOTAL ASSETS 1,726,987 1,748,519
Liabilities:    
Deposits 1,480,554 1,488,148
Federal Home Loan Bank (“FHLB”) advances 0 5,000
Other borrowings 46,762 61,606
Other liabilities 12,856 14,681
Total liabilities 1,540,172 1,569,435
Stockholders’ Equity:    
Common stock—$0.01 par value, authorized 30,000,000; 9,856,745 and 9,981,996 shares issued and outstanding, respectively 99 100
Additional paid-in capital 113,030 114,564
Retained earnings 86,913 80,840
Accumulated other comprehensive loss (13,227) (16,420)
Total stockholders’ equity 186,815 179,084
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,726,987 $ 1,748,519