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Loans And Allowance For Credit Losses (Tables)
 9 Months Ended
Sep. 30, 2025
Loans And Allowance For Credit Losses [Abstract]  
Summary Of Loans, Net

As of

As of

September 30, 2025

December 31, 2024

Commercial

$ 61,987

$ 66,418

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

149,824

140,443

Commercial Mortgages-Non-Owner Occupied

215,798

195,089

Commercial Construction/Land

14,364

23,883

Consumer:

Consumer Open-End

59,675

50,041

Consumer Closed-End

25,753

28,269

Residential:

Residential Mortgages

105,666

113,303

Residential Consumer Construction/Land

26,519

26,150

Total loans

$ 659,586

$ 643,596

Less: allowance for credit losses

6,298

7,044

Net loans

$ 653,288

$ 636,552
Amortized Cost Basis Of Collateral Dependent Loans

Collateral Dependent Loans

September 30, 2025

(dollars in thousands)

Business/Other Assets

Real Estate

Commercial

$ 3,925

$ -

Commercial Real Estate

-

7,028

Consumer

-

570

Residential

-

1,592

Total

$ 3,925

$ 9,190

Collateral Dependent Loans

December 31, 2024

(dollars in thousands)

Business/Other Assets

Real Estate

Commercial

$ 3,315

$ -

Commercial Real Estate

-

7,350

Consumer

-

592

Residential

-

1,369

Total

$ 3,315

$ 9,311
Allowance For Credit Losses And Recorded Investment In Loans

The following tables present the activity in the allowance for credit losses for the three and nine-month periods ended and the distribution of the allowance by segment as of September 30, 2025, and 2024 (dollars in thousands).

Allowance for Credit Losses and Recorded Investment in Loans

As of and For the Three Months Ended September 30, 2025

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, June 30, 2025

$                        747 

$                               3,047 

$                       799 

$                      1,715 

$                  6,308 

Charge-Offs

-

-

(23)

-

(23)

Recoveries

1 

-

2 

-

3 

Provision for (recovery of) credit
‎ losses

(93)

129 

59 

(85)

10 

Ending Balance, September 30, 2025

$                        655 

$                               3,176 

$                       837 

$                      1,630 

$                  6,298 

Allowance for Credit Losses and Recorded Investment in Loans

As of and For the Nine Months Ended September 30, 2025

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2024

$                        686 

$                               3,719 

$                       842 

$                      1,797 

$                  7,044 

Charge-Offs

-

-

(235)

(9)

(244)

Recoveries

6 

1

9 

-

16 

Provision for (recovery of) credit
‎ losses

(37)

(544)

221 

(158)

(518)

Ending Balance, September 30, 2025

$                        655 

$                               3,176 

$                       837 

$                      1,630 

$                  6,298 


‎

Note 8 – Loans and allowance for credit losses (continued)

Allowance for Credit Losses and Recorded Investment in Loans

As of and For the Three Months Ended September 30, 2024

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, June 30, 2024

$                        606 

$                               3,748 

$                       897 

$                      1,700 

$                  6,951 

Charge-Offs

-

-

-

-

-

Recoveries

1 

2 

18 

-

21 

Provision for (recovery of) credit losses

(118)

165 

(17)

76 

106 

Ending Balance, September 30, 2024

$                        489 

$                               3,915 

$                       898 

$                      1,776 

$                  7,078 

Allowance for Credit Losses and Recorded Investment in Loans

As of and For the Nine Months Ended September 30, 2024

Commercial

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2023

$                        514 

$                               3,985 

$                    1,093 

$                      1,820 

$                  7,412 

Charge-Offs

(8)

-

(76)

-

(84)

Recoveries

199 

6 

38 

1 

244 

Provision for (recovery of)

(216)

(76)

(157)

(45)

(494)

Ending Balance, September 30, 2024

$                        489 

$                               3,915 

$                       898 

$                      1,776 

$                  7,078 
Amortized Cost Basis By Origination Year

Term Loans Amortized Cost Basis by Origination Year

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial:

Risk Rating

Pass

$        7,927 

$        6,643 

$        2,854 

$        2,642 

$        5,857 

$      14,951 

$      17,082 

$             61 

$      58,017 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

889 

9 

36 

531 

2,358 

147 

3,970 

Total

$        7,927 

$        6,643 

$        3,743 

$        2,651 

$        5,893 

$      15,482 

$      19,440 

$           208 

$      61,987 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass

$      18,493 

$      19,977 

$        7,476 

$      17,781 

$      43,672 

$      36,031 

$        1,794 

$                - 

$    145,224 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

91 

-

2,757 

1,752 

-

-

4,600 

Total

$      18,493 

$      19,977 

$        7,567 

$      17,781 

$      46,429 

$      37,783 

$        1,794 

$                - 

$    149,824 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass

$      26,153 

$      40,021 

$      13,754 

$      46,571 

$      26,013 

$      53,818 

$        7,283 

$                - 

$    213,613 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

930 

-

1,255 

-

-

2,185 

Total

$      26,153 

$      40,021 

$      13,754 

$      47,501 

$      26,013 

$      55,073 

$        7,283 

$                - 

$    215,798 

Commercial Construction/Land

Risk Rating

Pass

$        2,983 

$        1,860 

$        3,324 

$           372 

$        2,626 

$        2,369 

$           505 

$                - 

$      14,038 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

326 

-

-

-

326 

Total

$        2,983 

$        1,860 

$        3,324 

$           372 

$        2,952 

$        2,369 

$           505 

$                - 

$      14,364 

Consumer:

Consumer - Open-End

Risk Rating

Pass

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      57,734 

$        1,371 

$      59,105 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

570 

570 

Total

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      57,734 

$        1,941 

$      59,675 

Consumer - Closed-End

Risk Rating

Pass

$        1,760 

$        5,791 

$        3,478 

$        8,540 

$           280 

$        5,640 

$                - 

$                - 

$      25,489 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

30 

-

107 

-

127 

-

-

264 

Total

$        1,760 

$        5,821 

$        3,478 

$        8,647 

$           280 

$        5,767 

$                - 

$                - 

$      25,753 

Residential:

Residential Mortgages

Risk Rating

$        8,653 

$      16,845 

$      17,755 

$      20,513 

$        7,690 

$      32,184 

$                - 

$                - 

$    103,640 

Pass

Special Mention

-

-

-

-

-

68 

-

-

68 

Substandard

-

-

-

502 

-

1,456 

-

-

1,958 

Total

$        8,653 

$      16,845 

$      17,755 

$      21,015 

$        7,690 

$      33,708 

$                - 

$                - 

$    105,666 

Residential Consumer Construction/Land

Risk Rating

Pass

$      12,762 

$        6,591 

$        1,404 

$        2,194 

$        1,046 

$        2,517 

$               5 

$                - 

$      26,519 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

-

-

Total

$      12,762 

$        6,591 

$        1,404 

$        2,194 

$        1,046 

$        2,517 

$               5 

$                - 

$      26,519 

Totals:

Risk Rating

Pass

$      78,731 

$      97,728 

$      50,043 

$      98,613 

$      87,184 

$    147,510 

$      84,403 

$        1,432 

$    645,644 

Special Mention

-

-

-

-

-

68 

-

-

68 

Substandard

-

30 

980 

1,548 

3,118 

5,122 

2,358 

717 

13,874 

Total

$      78,731 

$      97,758 

$      51,023 

$    100,161 

$      90,302 

$    152,700 

$      86,761 

$        2,149 

$    659,586 


‎

Note 8 – Loans and allowance for credit losses (continued)

The table below details the amortized cost of the classes of loans by credit quality indicator and year of origination as of December 31, 2024 (dollars in thousands).

Term Loans Amortized Cost Basis by Origination Year

2024

2023

2022

2021

2020

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

Risk Rating

Pass

$      10,412 

$        3,680 

$        2,901 

$        7,188 

$           734 

$      16,070 

$      21,602 

$                341 

$      62,928 

Special Mention

-

-

41 

79 

-

-

-

-

120 

Substandard

-

922 

13 

43 

-

569 

1,654 

169 

3,370 

Total

$      10,412 

$        4,602 

$        2,955 

$        7,310 

$           734 

$      16,639 

$      23,256 

$                510 

$      66,418 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass

$      21,261 

$        8,959 

$      21,770 

$      39,881 

$        5,663 

$      35,869 

$        1,564 

$                153 

$    135,120 

Special Mention

-

-

-

-

-

451 

-

-

451 

Substandard

-

93 

-

2,898 

44 

1,837 

-

-

4,872 

Total

$      21,261 

$        9,052 

$      21,770 

$      42,779 

$        5,707 

$      38,157 

$        1,564 

$                153 

$    140,443 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass

$      39,659 

$      12,203 

$      49,273 

$      27,410 

$        9,698 

$      49,206 

$        6,467 

$                     - 

$    193,916 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

1,173 

-

-

-

1,173 

Total

$      39,659 

$      12,203 

$      49,273 

$      27,410 

$      10,871 

$      49,206 

$        6,467 

$                     - 

$    195,089 

Commercial Construction/Land

Risk Rating

Pass

$        7,180 

$        1,496 

$           768 

$        9,497 

$        1,976 

$        1,020 

$           641 

$                     - 

$      22,578 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

951 

354 

-

-

-

-

1,305 

Total

$        7,180 

$        1,496 

$        1,719 

$        9,851 

$        1,976 

$        1,020 

$           641 

$                     - 

$      23,883 

Consumer:

Consumer - Open-End

Risk Rating

Pass

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      48,531 

$             1,110 

$      49,641 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

400 

400 

Total

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      48,531 

$             1,510 

$      50,041 

Consumer - Closed-End

Risk Rating

Pass

$        6,660 

$        4,548 

$        9,634 

$           382 

$           398 

$        6,366 

$                - 

$                     - 

$      27,988 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

37 

-

119 

-

-

125 

-

-

281 

Total

$        6,697 

$        4,548 

$        9,753 

$           382 

$           398 

$        6,491 

$                - 

$                     - 

$      28,269 

Residential:

Residential Mortgages

Risk Rating

Pass

$      18,418 

$      23,905 

$      22,954 

$        9,082 

$        8,376 

$      28,572 

$                - 

$                     - 

$    111,307 

Special Mention

-

-

-

-

-

73 

-

-

73 

Substandard

-

-

265 

-

103 

1,555 

-

-

1,923 

Total

$      18,418 

$      23,905 

$      23,219 

$        9,082 

$        8,479 

$      30,200 

$                - 

$                     - 

$    113,303 

Residential Consumer Construction/Land

Risk Rating

Pass

$      12,522 

$        6,375 

$        2,436 

$        1,161 

$           848 

$        2,808 

$                - 

$                     - 

$      26,150 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

-

-

Total

$      12,522 

$        6,375 

$        2,436 

$        1,161 

$           848 

$        2,808 

$                - 

$                     - 

$      26,150 

Totals:

Risk Rating

Pass

$    116,112 

$      61,166 

$    109,736 

$      94,601 

$      27,693 

$    139,911 

$      78,805 

$             1,604 

$    629,628 

Special Mention

-

-

41 

79 

-

524 

-

-

644 

Substandard

37 

1,015 

1,348 

3,295 

1,320 

4,086 

1,654 

569 

13,324 

Total

$    116,149 

$      62,181 

$    111,125 

$      97,975 

$      29,013 

$    144,521 

$      80,459 

$             2,173 

$    643,596 


‎

Gross Charge-Offs By Origination Year

Current Period Gross Charge-Offs by Origination Year (in thousands)

Nine months ended September 30, 2025

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$            -

$            -

$            -

$            -

$            -

$              -

$              -

$            -

Commercial Real Estate:

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

-

-

-

-

-

-

-

-

-

Consumer Open-End

-

-

-

49

-

6

-

-

54

Consumer Closed-End

-

-

44

110

27

-

-

-

181

Residential:

-

-

-

-

-

-

-

-

-

Residential Mortgages

-

-

-

-

-

9

-

-

9

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$            -

$         44

$       159

$         27

$         15

$              -

$              -

$       244

Year ended December 31, 2024

2024

2023

2022

2021

2020

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$           8

$            -

$            -

$            -

$            -

$              -

$              -

$           8

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

Consumer Open-End

-

-

-

-

-

2

-

-

2

Consumer Closed-End

-

-

74

-

-

-

-

-

74

Residential:

Residential Mortgages

-

-

-

-

-

-

-

-

-

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$           8

$         74

$            -

$            -

$           2

$              -

$              -

$         84
Loans On Non-Accrual Status

September 30, 2025

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$         387

$ 72

$         459

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

30

-

30

Commercial Mortgages-Non-Owner Occupied

82

-

82

Commercial Construction/Land

325

-

325

Consumer

Consumer Open-End

174

-

174

Consumer Closed-End

187

-

187

Residential:

Residential Mortgages

638

-

638

Residential Consumer Construction/Land

-

-

-

Total

$      1,823

$ 72

$      1,895

December 31, 2024

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$      279 

$      193 

$      472 

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

43 

-

43 

Commercial Mortgages-Non-Owner Occupied

-

-

-

Commercial Construction/Land

354 

-

354 

Consumer

Consumer Open-End

-

-

-

Consumer Closed-End

192 

-

192 

Residential:

Residential Mortgages

579 

-

579 

Residential Consumer Construction/Land

-

-

-

Total

$      1,447

$         193

$      1,640
Age Analysis Of Past Due Financing Receivables

Age Analysis of Past Due Loans as of September 30, 2025

Recorded

Greater

Investment

30-59 Days

60-89 Days

than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

-

$

-

$

398

$

398

$

61,589

$

61,987

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

-

-

149,824

149,824

-

Commercial Mortgages-Non-Owner Occupied

-

-

82

82

215,716

215,798

-

Commercial Construction/Land

53

-

-

53

14,311

14,364

-

Consumer:

Consumer Open-End

-

112

41

153

59,522

59,675

-

Consumer Closed-End

25

-

80

105

25,649

25,753

-

Residential:

Residential Mortgages

1,852

109

57

2,018

103,647

105,666

-

Residential Consumer Construction/Land

70

-

-

70

26,449

26,519

-

Total

$

2,000

$

221

$

658

$

2,879

$

656,707

$

659,586

$

-

Age Analysis of Past Due Loans as of December 31, 2024

Greater

Investment

30-59 Days

60-89 Days

than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

-

$

398

$

74

$

472

$

65,946

$

66,418

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

43

43

140,400

140,443

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

195,089

195,089

-

Commercial Construction/Land

-

-

-

-

23,883

23,883

-

Consumer:

Consumer Open-End

39

1

-

40

50,001

50,041

-

Consumer Closed-End

112

73

-

185

28,084

28,269

-

Residential:

Residential Mortgages

174

358

340

872

112,431

113,303

-

Residential Consumer Construction/Land

-

-

-

-

26,150

26,150

-

Total

$

325

$

830

$

457

$

1,612

$

641,984

$

643,596

$

-
Allowance For Credit Losses On Unfunded Commitments

Allowance for Credit Losses on Unfunded Commitments

Balance, June 30, 2025

$ 678

Provision for credit losses

82

Balance September 30, 2025

$ 760

Balance, December 31, 2024

$ 543

Provision for credit losses

217

Balance September 30, 2025

$ 760

Allowance for Credit Losses on Unfunded Commitments

Balance, June 30, 2024

$ 589

Recovery of credit losses

(14)

Balance September 30, 2024

$ 575

Balance, December 31, 2023

$ 665

Recovery of credit losses

(90)

Balance September 30, 2024

$ 575