XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Fair Value Measurements |
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block] | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying Value
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
June 30, 2025 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Assets Measured on a Recurring Basis |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Securities available for sale: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Agency mortgage-backed securities | ​ | $ | — | ​ | $ | 69,525 | ​ | $ | — | ​ | $ | 69,525
Agency CMO | ​ |  | — | ​ |  | 72,204 | ​ |  | — | ​ |  | 72,204
Agency notes and bonds | ​ |  | — | ​ |  | 107,014 | ​ |  | — | ​ |  | 107,014
Treasury notes and bonds | ​ |  | 8,784 | ​ |  | — | ​ |  | — | ​ |  | 8,784
Municipal obligations | ​ |  | — | ​ |  | 138,062 | ​ |  | — | ​ |  | 138,062
Total securities available for sale | ​ | $ | 8,784 | ​ | $ | 386,805 | ​ | $ | — | ​ | $ | 395,589
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity securities | ​ | $ | 864 | ​ | $ | — | ​ | $ | — | ​ |  | 864
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets Measured on a Nonrecurring Basis | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Collateral dependent loans: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial Business | ​ | $ | — | ​ | $ | — | ​ | $ | 573 | ​ | $ | 573
1-4 Family Residential Construction | ​ |  | — | ​ |  | — | ​ |  | 37 | ​ |  | 37
Total collateral dependent loans | ​ | $ | — | ​ | $ | — | ​ | $ | 610 | ​ | $ | 610
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying Value
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
December 31, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Assets Measured on a Recurring Basis |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Securities available for sale: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Agency mortgage-backed securities | ​ | $ | — | ​ | $ | 67,941 | ​ | $ | — | ​ | $ | 67,941
Agency CMO | ​ |  | — | ​ |  | 47,518 | ​ |  | — | ​ |  | 47,518
Agency notes and bonds | ​ |  | — | ​ |  | 118,080 | ​ |  | — | ​ |  | 118,080
Treasury notes and bonds | ​ |  | 21,549 | ​ |  | — | ​ |  | — | ​ |  | 21,549
Municipal obligations | ​ |  | — | ​ |  | 134,155 | ​ |  | — | ​ |  | 134,155
Total securities available for sale | ​ | $ | 21,549 | ​ | $ | 367,694 | ​ | $ | — | ​ | $ | 389,243
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity securities | ​ | $ | 886 | ​ | $ | — | ​ | $ | — | ​ |  | 886
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets Measured on a Nonrecurring Basis | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Collateral dependent loans: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial Business | ​ | $ | — | ​ | $ | — | ​ | $ | 693 | ​ | $ | 693
1-4 Family Residential Construction | ​ |  | — | ​ |  | — | ​ |  | 36 | ​ |  | 36
Total collateral dependent loans | ​ | $ | — | ​ | $ | — | ​ | $ | 729 | ​ | $ | 729
Fair Value, by Balance Sheet Grouping [Table Text Block] | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Fair | ​ | Fair Value Measurements Using
(In thousands) |  | Value |  | Value |  | Level 1 |  | Level 2 |  | Level 3
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
June 30, 2025: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Financial assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 134,595 | ​ | $ | 134,595 | ​ | $ | 134,595 | ​ | $ | — |  | $ | —
Interest-bearing time deposits | ​ |  | 2,205 | ​ |  | 2,236 | ​ |  | — | ​ |  | 2,236 |  |  | —
Securities available for sale | ​ |  | 395,589 | ​ |  | 395,589 | ​ |  | 8,784 | ​ |  | 386,805 |  |  | —
Securities held to maturity | ​ |  | 7,000 | ​ |  | 5,243 | ​ |  | — | ​ |  | 5,243 |  |  | —
Loans held for sale | ​ |  | 1,593 | ​ |  | 1,635 | ​ |  | — | ​ |  | 1,635 |  |  | —
Loans, net | ​ |  | 649,174 | ​ |  | 620,561 | ​ |  | — | ​ |  | — |  |  | 620,561
FHLB and other restricted stock | ​ |  | 1,836 | ​ |  | N/A | ​ |  | N/A | ​ | ​ | N/A |  |  | N/A
Accrued interest receivable | ​ |  | 4,642 | ​ |  | 4,642 | ​ |  | — | ​ |  | 4,642 |  |  | —
Equity securities (included in other assets) | ​ |  | 864 | ​ | ​ | 864 | ​ | ​ | 864 | ​ | ​ | — | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial liabilities: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ |  |  | ​
Deposits | ​ |  | 1,110,627 | ​ |  | 1,110,756 | ​ |  | 890,569 | ​ |  | — |  |  | 220,187
Accrued interest payable | ​ |  | 2,211 | ​ | ​ | 2,211 | ​ | ​ | — | ​ | ​ | 2,211 | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2024: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ |  |  | ​
Financial assets: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ |  |  | ​
Cash and cash equivalents | ​ | $ | 105,917 | ​ | $ | 105,917 | ​ | $ | 105,917 | ​ | $ | — |  | $ | —
Interest-bearing time deposits | ​ |  | 2,695 | ​ |  | 2,725 | ​ |  | — | ​ |  | 2,725 |  |  | —
Securities available for sale | ​ |  | 389,243 | ​ |  | 389,243 | ​ |  | 21,549 | ​ |  | 367,694 |  |  | —
Securities held to maturity | ​ |  | 7,000 | ​ |  | 4,591 | ​ |  | — | ​ |  | 4,591 |  |  | —
Loans held for sale | ​ |  | 472 | ​ |  | 477 | ​ |  | — | ​ |  | 477 |  |  | —
Loans, net | ​ |  | 631,199 | ​ |  | 628,057 | ​ |  | — | ​ |  | — |  |  | 628,057
FHLB and other restricted stock | ​ |  | 1,836 | ​ |  | N/A | ​ |  | N/A | ​ |  | N/A |  |  | N/A
Accrued interest receivable | ​ |  | 4,575 | ​ |  | 4,575 | ​ |  | — | ​ |  | 4,575 |  |  | —
Equity securities (included in other assets) | ​ |  | 886 | ​ |  | 886 | ​ |  | 886 | ​ |  | — |  |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial liabilities: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ |  |  | ​
Deposits | ​ |  | 1,066,439 | ​ | ​ | 1,065,687 | ​ | ​ | 866,559 | ​ | ​ | — | ​ | ​ | 199,128
Accrued interest payable | ​ |  | 1,922 | ​ |  | 1,922 | ​ |  | — | ​ |  | 1,922 |  |  | —

X
- Definition Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -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/2003/role/disclosureRef -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_FairValueAssetsMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
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