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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
The following tables present the fair value measurements of assets recognized in the Condensed Consolidated Balance Sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at March 31, 2026 and December 31, 2025:
Fair Value Measurements Using
Fair
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
March 31, 2026
Available for sale securities
SBA Pools$2,948 $— $2,948 $— 
Federal agencies14,044 — 14,044 — 
State and municipal obligations127,733 — 126,270 1,463 
Mortgage-backed securities - GSE residential90,929 — 90,929 — 
Corporate obligations9,865 — 9,865 — 
$245,519 $— $244,056 $1,463 
Fair Value Measurements Using
Fair
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2025
Available for sale securities
SBA Pools$3,124 $— $3,124 $— 
Federal agencies14,061 — 14,061 — 
State and municipal obligations131,818 — 130,339 1,479 
Mortgage-backed securities - GSE residential93,105 — 93,105 — 
Corporate obligations9,807 — 9,807 — 
$251,915 $— $250,436 $1,479 
Schedule of Fair Value of Financial Instruments
The following tables present estimated fair values of the Company’s financial instruments at March 31, 2026 and December 31, 2025:
Fair Value Measurements Using
Carrying
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
March 31, 2026
Financial assets
Cash and cash equivalents$34,798 $34,798 $— $— 
Interest-earning time deposits2,820 — 2,820 — 
Available for sale securities245,519 — 244,056 1,463 
Held to maturity securities2,353 — 2,717 — 
Loans held for sale835 — — 835 
Loans and leases receivable, net1,174,122 — — 1,139,564 
FHLB stock13,907 — 13,907 — 
Interest receivable6,175 — 6,175 — 
Financial liabilities
Deposits1,106,365 — 1,108,239 — 
FHLB advances256,000 — 256,069 — 
Interest payable2,662 — 2,662 — 

Fair Value Measurements Using
Carrying
Value
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2025
Financial assets
Cash and cash equivalents$33,130 $33,130 $— $— 
Interest-earning time deposits2,0702,070
Available for sale securities251,915 250,436 1,479 
Held to maturity securities2,748 — 2,717 — 
Loans held for sale828 — — 828 
Loans and leases receivable, net1,176,813 — — 1,148,160 
FHLB stock13,907 — 13,907 — 
Interest receivable6,300 — 6,300 — 
Financial liabilities
Deposits1,114,893 — 1,117,026 — 
FHLB advances240,000 — 240,832 — 
Other borrowings12,000 — 12,041 — 
Interest payable3,457 — 3,457 —