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Other Real Estate Owned
12 Months Ended
Dec. 31, 2024
Other Real Estate Owned [Abstract]  
Other Real Estate Owned Note 6 - Other real estate owned

At December 31, 2024 and 2023, the Bank had no Other Real Estate Owned (OREO).

OREO Changes

Year Ended December 31,

(in thousands)

2024

2023

Balance at the beginning of the year

$

$

566

Transfers from Loans

Capitalized costs

Valuation adjustments

(23)

Sales proceeds

(540)

Loss on sales

(3)

Balance at the end of the year

$

$

There were no residential properties being carried in OREO as of December 31, 2024 and 2023.