XML 35 R24.htm IDEA: XBRL DOCUMENT

Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2025

Loans and Allowance for Credit Losses


	September 30,		December 31,
(In thousands)	2025		2024

1-4 Family Residential Mortgage	$	145,892	$	138,936
Home Equity and Second Mortgage		71,680		66,549
Multifamily Residential		49,915		36,822
1-4 Family Residential Construction		17,583		15,245
Other Construction, Development and Land		44,952		75,840
Commercial Real Estate		201,629		184,851
Commercial Business		62,655		62,727
Consumer and Other		56,787		58,406
Principal loan balance		651,093		639,376

Deferred loan origination fees and costs, net		1,100		1,104
Allowance for credit losses		(9,861)		(9,281)

Loans, net	$	642,332	$	631,199


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
Amortized Cost Basis in Loans:
Principal loan balance	$	145,892	$	71,680	$	49,915	$	17,583	$	44,952	$	201,629	$	62,655	$	56,787	$	651,093

Net deferred loan origination fees and costs		85		1,228		(28)		—		(37)		(145)		(3)		—		1,100

Amortized cost basis in loans	$	145,977	$	72,908	$	49,887	$	17,583	$	44,915	$	201,484	$	62,652	$	56,787	$	652,193


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
Amortized Cost Basis in Loans:
Principal loan balance	$	138,936	$	66,549	$	36,822	$	15,245	$	75,840	$	184,851	$	62,727	$	58,406	$	639,376

Net deferred loan origination fees and costs		98		1,206		(17)		—		(29)		(145)		(9)		—		1,104

Amortized cost basis in loans	$	139,034	$	67,755	$	36,805	$	15,245	$	75,811	$	184,706	$	62,718	$	58,406	$	640,480

Schedule of analysis of the changes in the ACL on loan


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
ACL on Loans:

Beginning balance	$	1,511	$	768	$	463	$	247	$	695	$	3,032	$	2,180	$	832	$	9,728
Provision for credit losses		(70)		172		36		(16)		(245)		(36)		134		175		150
Charge-offs		(1)		—		—		—		—		—		—		(60)		(61)
Recoveries		—		1		—		—		—		—		7		36		44

Ending balance	$	1,440	$	941	$	499	$	231	$	450	$	2,996	$	2,321	$	983	$	9,861


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
ACL on Loans:

Beginning balance	$	1,302	$	559	$	342	$	179	$	803	$	2,347	$	1,920	$	1,108	$	8,560
Provision for credit losses		(166)		(127)		322		(49)		(204)		(123)		417		393		463
Charge-offs		—		—		—		—		—		—		—		(104)		(104)
Recoveries		15		—		—		—		—		—		1		24		40

Ending balance	$	1,151	$	432	$	664	$	130	$	599	$	2,224	$	2,338	$	1,421	$	8,959


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
ACL on Loans:

Beginning balance	$	1,592	$	478	$	545	$	184	$	588	$	2,459	$	2,424	$	1,011	$	9,281
Provision for credit losses		(158)		462		(46)		47		(138)		537		(49)		139		794
Charge-offs		(1)		—		—		—		—		—		(83)		(271)		(355)
Recoveries		7		1		—		—		—		—		29		104		141

Ending balance	$	1,440	$	941	$	499	$	231	$	450	$	2,996	$	2,321	$	983	$	9,861


									Other
	1-4 Family		Home Equity				1-4 Family		Construction,
	Residential		and Second		Multifamily		Residential		Development		Commercial		Commercial		Consumer
	Mortgage		Mortgage		Residential		Construction		and Land		Real Estate		Business		and Other		Total

	(In thousands)
ACL on Loans:

Beginning balance	$	1,490	$	406	$	332	$	208	$	804	$	2,119	$	1,431	$	1,215	$	8,005
Provision for credit losses		(364)		22		332		(78)		(205)		104		905		387		1,103
Charge-offs		(4)		—		—		—		—		—		—		(285)		(289)
Recoveries		29		4		—		—		—		1		2		104		140

Ending balance	$	1,151	$	432	$	664	$	130	$	599	$	2,224	$	2,338	$	1,421	$	8,959

Schedule of the amortized cost basis of, and ACL allocation to, individually evaluated collateral-dependent loans


	September 30, 2025
	Real								ACL
	Estate		Equipment		Other		Total		Allocation

	(In thousands)

1-4 Family Residential Mortgage	$	1,697	$	—	$	—	$	1,697	$	—
Home Equity and Second Mortgage		508		—		—		508		—
Multifamily Residential		—		—		—		—		—
1-4 Family Residential Construction		93		—		—		93		56
Other Construction, Development and Land		115		—		—		115		—
Commercial Real Estate		2,184		—		—		2,184		—
Commercial Business		—		1,727		135		1,862		1,233
Consumer and Other		—		—		—		—		—
	$	4,597	$	1,727	$	135	$	6,459	$	1,289


	December 31, 2024
	Real								ACL
	Estate		Equipment		Other		Total		Allocation

	(In thousands)

1-4 Family Residential Mortgage	$	1,613	$	—	$	—	$	1,613	$	—
Home Equity and Second Mortgage		714		—		—		714		—
Multifamily Residential		—		—		—		—		—
1-4 Family Residential Construction		90		—		—		90		54
Other Construction, Development and Land		106		—		—		106		—
Commercial Real Estate		3,912		—		—		3,912		—
Commercial Business		—		1,926		155		2,081		1,233
Consumer and Other		—		—		—		—		—
	$	6,435	$	1,926	$	155	$	8,516	$	1,287

Schedule of nonaccrual status and loans 90 days or more past due and still accruing


							Loans 90+ Days		Total
	Nonaccrual Loans		Nonaccrual Loans		Total		Past Due		Nonperforming
	with No ACL		with An ACL		Nonaccrual		Still Accruing		Loans

	(In thousands)

1-4 Family Residential Mortgage	$	1,141	$	—	$	1,141	$	—	$	1,141
Home Equity and Second Mortgage		282		—		282		—		282
Multifamily Residential		—		—		—		—		—
1-4 Family Residential Construction		—		93		93		—		93
Other Construction, Development and Land		69		—		69		—		69
Commercial Real Estate		415		—		415		—		415
Commercial Business		99		1,767		1,866		—		1,866
Consumer and Other		—		—		—		—		—

Total	$	2,006	$	1,860	$	3,866	$	—	$	3,866


							Loans 90+ Days		Total
	Nonaccrual Loans		Nonaccrual Loans		Total		Past Due		Nonperforming
	with No ACL		with An ACL		Nonaccrual		Still Accruing		Loans

	(In thousands)

1-4 Family Residential Mortgage	$	1,186	$	—	$	1,186	$	—	$	1,186
Home Equity and Second Mortgage		568		—		568		—		568
Multifamily Residential		—		—		—		—		—
1-4 Family Residential Construction		—		90		90		—		90
Other Construction, Development and Land		59		—		59		—		59
Commercial Real Estate		413		—		413		—		413
Commercial Business		99		1,967		2,066		—		2,066
Consumer and Other		—		—		—		—		—

Total	$	2,325	$	2,057	$	4,382	$	—	$	4,382

Schedule of the aging of the amortized cost basis in loans


	30-59 Days		60-89 Days		90 Days or More		Total				Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans

	(In thousands)

1-4 Family Residential Mortgage	$	1,505	$	365	$	688	$	2,558	$	143,419	$	145,977
Home Equity and Second Mortgage		198		122		—		320		72,588		72,908
Multifamily Residential		—		—		—		—		49,887		49,887
1-4 Family Residential Construction		—		—		93		93		17,490		17,583
Other Construction, Development and Land		24		—		69		93		44,822		44,915
Commercial Real Estate		202		—		415		617		200,867		201,484
Commercial Business		23		—		140		163		62,489		62,652
Consumer and Other		344		43		—		387		56,400		56,787

Total	$	2,296	$	530	$	1,405	$	4,231	$	647,962	$	652,193


	30-59 Days		60-89 Days		90 Days or More		Total				Total
	Past Due		Past Due		Past Due		Past Due		Current		Loans

	(In thousands)

1-4 Family Residential Mortgage	$	1,758	$	205	$	828	$	2,791	$	136,243	$	139,034
Home Equity and Second Mortgage		269		202		148		619		67,136		67,755
Multifamily Residential		—		—		—		—		36,805		36,805
1-4 Family Residential Construction		—		—		90		90		15,155		15,245
Other Construction, Development and Land		98		25		59		182		75,629		75,811
Commercial Real Estate		252		1,027		413		1,692		183,014		184,706
Commercial Business		80		25		140		245		62,473		62,718
Consumer and Other		472		54		—		526		57,880		58,406

Total	$	2,929	$	1,538	$	1,678	$	6,145	$	634,335	$	640,480

Schedule of the risk category of loans by class of loans


	Term Loans Amortized Cost Basis by Origination Year
	2025		2024		2023		2022		2021		Prior		Revolving		Total

September 30, 2025:	(In thousands)
1-4 Family Residential Mortgage
Pass	$	22,564	$	19,537	$	29,541	$	23,586	$	20,707	$	28,327	$	—	$	144,262
Special Mention		—		—		—		—		—		18		—		18
Substandard		—		—		—		—		91		465		—		556
Doubtful		—		—		31		150		121		839		—		1,141
	$	22,564	$	19,537	$	29,572	$	23,736	$	20,919	$	29,649	$	—	$	145,977

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	1	$	—	$	1

Home Equity and Second Mortgage
Pass	$	1,573	$	1,509	$	3,402	$	3,031	$	278	$	300	$	62,248	$	72,341
Special Mention		59		—		—		—		—		—		—		59
Substandard		—		—		—		—		—		—		226		226
Doubtful		—		—		—		—		—		282		—		282
	$	1,632	$	1,509	$	3,402	$	3,031	$	278	$	582	$	62,474	$	72,908

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Multifamily Residential
Pass	$	2,250	$	963	$	8,991	$	18,000	$	8,334	$	11,349	$	—	$	49,887
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
	$	2,250	$	963	$	8,991	$	18,000	$	8,334	$	11,349	$	—	$	49,887

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

1-4 Family Residential Construction
Pass	$	10,411	$	5,771	$	348	$	—	$	—	$	960	$	—	$	17,490
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		93		—		—		93
	$	10,411	$	5,771	$	348	$	—	$	93	$	960	$	—	$	17,583

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Other Construction, Development and Land
Pass	$	13,117	$	13,102	$	8,804	$	5,904	$	1,018	$	2,854	$	—	$	44,799
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		47		—		47
Doubtful		—		—		—		—		—		69		—		69
	$	13,117	$	13,102	$	8,804	$	5,904	$	1,018	$	2,970	$	—	$	44,915

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial Real Estate
Pass	$	16,132	$	22,971	$	19,461	$	55,665	$	24,929	$	56,340	$	3,136	$	198,634
Special Mention		20		—		538		—		—		4		105		667
Substandard		—		307		710		—		545		206		—		1,768
Doubtful		—		—		—		—		—		415		—		415
	$	16,152	$	23,278	$	20,709	$	55,665	$	25,474	$	56,965	$	3,241	$	201,484

Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
	2025		2024		2023		2022		2021		Prior		Revolving		Total

September 30, 2025:	(In thousands)
Commercial Business
Pass	$	12,230	$	6,103	$	8,210	$	7,396	$	7,522	$	8,366	$	10,913	$	60,740
Special Mention		—		—		9		—		—		—		—		9
Substandard		—		—		—		—		37		—		—		37
Doubtful		—		—		107		1,727		—		32		—		1,866
	$	12,230	$	6,103	$	8,326	$	9,123	$	7,559	$	8,398	$	10,913	$	62,652

Current period gross write-offs	$	—	$	—	$	33	$	50	$	—	$	—	$	—	$	83

Consumer and Other
Pass	$	16,355	$	12,584	$	11,288	$	4,748	$	1,600	$	7,037	$	3,039	$	56,651
Special Mention		—		—		—		4		—		—		—		4
Substandard		—		—		—		—		—		—		132		132
Doubtful		—		—		—		—		—		—		—		—
	$	16,355	$	12,584	$	11,288	$	4,752	$	1,600	$	7,037	$	3,171	$	56,787

Current period gross write-offs	$	2	$	109	$	54	$	19	$	2	$	5	$	80	$	271

Total Loans
Pass	$	94,632	$	82,540	$	90,045	$	118,330	$	64,388	$	115,532	$	79,336	$	644,803
Special Mention		79		—		547		4		—		22		105		757
Substandard		—		307		710		—		673		718		358		2,766
Doubtful		—		—		138		1,877		214		1,638		—		3,867
	$	94,711	$	82,847	$	91,440	$	120,211	$	65,275	$	117,910	$	79,799	$	652,193

Current period gross write-offs	$	2	$	109	$	87	$	69	$	2	$	6	$	80	$	355


	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving		Total

December 31, 2024:	(In thousands)
1-4 Family Residential Mortgage
Pass	$	22,095	$	31,871	$	26,756	$	23,181	$	5,824	$	27,218	$	—	$	136,945
Special Mention		—		31		—		—		—		445		—		476
Substandard		—		—		—		—		—		427		—		427
Doubtful		—		—		41		154		73		918		—		1,186
	$	22,095	$	31,902	$	26,797	$	23,335	$	5,897	$	29,008	$	—	$	139,034

Home Equity and Second Mortgage
Pass	$	2,014	$	3,962	$	3,617	$	353	$	182	$	242	$	56,590	$	66,960
Special Mention		—		—		—		—		—		—		80		80
Substandard		—		—		—		—		—		—		147		147
Doubtful		—		—		—		—		—		568		—		568
	$	2,014	$	3,962	$	3,617	$	353	$	182	$	810	$	56,817	$	67,755

Multifamily Residential
Pass	$	964	$	3,534	$	11,820	$	8,505	$	7,663	$	4,319	$	—	$	36,805
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—
	$	964	$	3,534	$	11,820	$	8,505	$	7,663	$	4,319	$	—	$	36,805

1-4 Family Residential Construction
Pass	$	12,186	$	1,498	$	642	$	—	$	829	$	—	$	—	$	15,155
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Doubtful		—		—		—		90		—		—		—		90
	$	12,186	$	1,498	$	642	$	90	$	829	$	—	$	—	$	15,245


	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving		Total

December 31, 2024:	(In thousands)
Other Construction, Development and Land
Pass	$	11,687	$	26,093	$	31,645	$	1,823	$	1,443	$	3,014	$	—	$	75,705
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		47		—		47
Doubtful		—		—		—		—		—		59		—		59
	$	11,687	$	26,093	$	31,645	$	1,823	$	1,443	$	3,120	$	—	$	75,811

Commercial Real Estate
Pass	$	22,024	$	20,478	$	41,583	$	26,748	$	19,760	$	44,237	$	2,129	$	176,959
Special Mention		—		511		3,032		—		—		292		—		3,835
Substandard		311		716		—		557		211		1,704		—		3,499
Doubtful		—		—		—		—		—		413		—		413
	$	22,335	$	21,705	$	44,615	$	27,305	$	19,971	$	46,646	$	2,129	$	184,706

Commercial Business
Pass	$	8,414	$	10,636	$	9,590	$	8,699	$	4,750	$	4,543	$	12,895	$	59,527
Special Mention		486		149		130		126		15		—		162		1,068
Substandard		—		—		—		57		—		—		—		57
Doubtful		—		107		1,926		—		—		33		—		2,066
	$	8,900	$	10,892	$	11,646	$	8,882	$	4,765	$	4,576	$	13,057	$	62,718

Consumer and Other
Pass	$	18,932	$	16,555	$	8,274	$	3,574	$	810	$	7,554	$	2,577	$	58,276
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		130		130
Doubtful		—		—		—		—		—		—		—		—
	$	18,932	$	16,555	$	8,274	$	3,574	$	810	$	7,554	$	2,707	$	58,406

Total Loans
Pass	$	98,316	$	114,627	$	133,927	$	72,883	$	41,261	$	91,127	$	74,191	$	626,332
Special Mention		486		691		3,162		126		15		737		242		5,459
Substandard		311		716		—		614		211		2,178		277		4,307
Doubtful		—		107		1,967		244		73		1,991		—		4,382
	$	99,113	$	116,141	$	139,056	$	73,867	$	41,560	$	96,033	$	74,710	$	640,480