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Investment Securities (Tables) | 6 Months Ended
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Jun. 30, 2025
Investment Securities |
Schedule of amortized cost and estimated fair values of investment securities available-for-sale | The amortized cost and estimated fair values of investment securities available-for-sale at June 30, 2025 and December 31, 2024 are as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | Estimated
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(in thousands) |  | Cost |  | Gains |  | Losses |  | Value
U.S. Government Agencies | ​ | $ | 1,000 | ​ | $ | — | ​ | $ | (11) | ​ | $ | 989
Mortgage-Backed Securities | ​ |  | 93,081 | ​ |  | 426 | ​ |  | (6,708) | ​ |  | 86,799
Collateralized Mortgage Obligations | ​ |  | 2,217 | ​ |  | — | ​ |  | (90) | ​ |  | 2,127
Corporate Bonds | ​ | ​ | 10,500 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10,500
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | 106,798 | ​ | $ | 426 | ​ | $ | (6,809) | ​ | $ | 100,415
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | Estimated
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(in thousands) |  | Cost |  | Gains |  | Losses |  | Value
U.S. Government Agencies | ​ | $ | 1,000 | ​ | $ | — | ​ | $ | (4) | ​ | $ | 996
Mortgage-Backed Securities | ​ |  | 94,003 | ​ |  | 90 | ​ |  | (8,674) | ​ |  | 85,419
Collateralized Mortgage Obligations | ​ |  | 2,459 | ​ |  | — | ​ |  | (137) | ​ |  | 2,322
Corporate Bonds | ​ | ​ | 4,250 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,250
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | 101,712 | ​ | $ | 90 | ​ | $ | (8,815) | ​ | $ | 92,987
Schedule of gross unrealized losses and estimated fair value of investment securities | The following tables show the gross unrealized losses and estimated fair value of investment securities available-for-sale for which an allowance for credit losses has not been recorded by category and length of time that securities have been in a continuous unrealized loss position at June 30, 2025, and December 31, 2024:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2025
​ | ​ | Securities | ​ | Securities | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | With Losses Under | ​ | With Losses Over | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 12 Months | ​ | 12 Months | ​ | Total
​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross
​ | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized
(in thousands) |  | Value |  | Loss |  | Value |  | Loss |  | Value |  | Loss
U.S. Government Agencies | ​ | $ | — | ​ | $ | — | ​ | $ | 989 | ​ | $ | (11) | ​ | $ | 989 | ​ | $ | (11)
Mortgage-Backed Securities | ​ |  | 15,331 | ​ |  | (144) | ​ |  | 40,012 | ​ |  | (6,564) | ​ |  | 55,343 | ​ |  | (6,708)
Collateralized Mortgage Obligations | ​ |  | 848 | ​ |  | (7) | ​ |  | 1,279 | ​ |  | (83) | ​ |  | 2,127 | ​ |  | (90)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | 16,179 | ​ | $ | (151) | ​ | $ | 42,280 | ​ | $ | (6,658) | ​ | $ | 58,459 | ​ | $ | (6,809)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024
​ | ​ | Securities | ​ | Securities | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | With Losses Under | ​ | With Losses Over | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 12 Months | ​ | 12 Months | ​ | Total
​ | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross | ​ | ​ | ​ | ​ | Gross
​ | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized
(in thousands) |  | Value |  | Loss |  | Value |  | Loss |  | Value |  | Loss
U.S. Government Agencies | ​ | $ | — | ​ | $ | — | ​ | $ | 996 | ​ | $ | (4) | ​ | $ | 996 | ​ | $ | (4)
Mortgage-Backed Securities | ​ |  | 38,128 | ​ |  | (433) | ​ |  | 39,103 | ​ |  | (8,241) | ​ |  | 77,231 | ​ |  | (8,674)
Collateralized Mortgage Obligations | ​ |  | 962 | ​ |  | (10) | ​ |  | 1,360 | ​ |  | (127) | ​ |  | 2,322 | ​ |  | (137)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | 39,090 | ​ | $ | (443) | ​ | $ | 41,459 | ​ | $ | (8,372) | ​ | $ | 80,549 | ​ | $ | (8,815)
Schedule of contractual maturities | The amortized cost and estimated fair value of securities classified as available-for-sale at June 30, 2025, by contractual maturity, are shown in the table below (in thousands). ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amortized |  | Fair
(in thousands) | ​ | Cost | ​ | Value
Available-for-Sale |  | ​ |  |  | ​ |
Due in 1 Year or Less | ​ | $ | — | ​ | $ | —
Due after 1 Year through 5 Years | ​ |  | 1,614 | ​ |  | 1,617
Due after 5 Years through 10 Years | ​ |  | 10,348 | ​ |  | 10,341
Due after 10 Years | ​ |  | 94,836 | ​ |  | 88,457
​ | ​ | ​ | ​ | ​ | ​ | ​
Total | ​ | $ | 106,798 | ​ | $ | 100,415

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