XML 41 R30.htm IDEA: XBRL DOCUMENT
v3.25.1

Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Investment Securities |
Schedule of summary of investment securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | At December 31, 2024
​ | ​ | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(dollars in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 14,439 | ​ | $ | 21 | ​ | $ | (2,402) | ​ | $ | 12,058
Agency mortgage-backed securities | ​ |  | 44,252 | ​ |  | — | ​ |  | (5,651) | ​ |  | 38,601
Municipal securities | ​ | ​ | 42,607 | ​ | ​ | 5 | ​ | ​ | (10,201) | ​ | ​ | 32,411
U.S. Government agency securities | ​ | ​ | 31,368 | ​ | ​ | — | ​ | ​ | (7,830) | ​ | ​ | 23,538
Corporate securities | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | (159) | ​ | ​ | 1,341
U.S. Treasury securities | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 134,166 | ​ | $ | 26 | ​ | $ | (26,243) | ​ | $ | 107,949
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | At December 31, 2023
​ | ​ | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
(dollars in thousands) | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 15,962 | ​ | $ | 8 | ​ | $ | (2,309) | ​ | $ | 13,661
Agency mortgage-backed securities | ​ |  | 51,930 | ​ |  | — | ​ |  | (5,816) | ​ |  | 46,114
Municipal securities | ​ | ​ | 42,990 | ​ | ​ | 4 | ​ | ​ | (9,265) | ​ | ​ | 33,729
U.S. Government agency securities | ​ | ​ | 45,406 | ​ | ​ | — | ​ | ​ | (7,712) | ​ | ​ | 37,694
Corporate securities | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | (216) | ​ | ​ | 1,284
U.S. Treasury securities | ​ |  | 6,999 | ​ |  | — | ​ |  | (54) | ​ |  | 6,945
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 164,787 | ​ | $ | 12 | ​ | $ | (25,372) | ​ | $ | 139,427
​
Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time in continuous unrealized loss position | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At December 31, 2024
​ | ​ | Less than 12 months | ​ | 12 months or more | ​ | Total
​ |  | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
(dollars in thousands) | ​ | Value | ​ | Loss | ​ | Value | ​ | Loss | ​ | Value | ​ | Loss
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 118 | ​ | $ | — | ​ | $ | 9,456 | ​ | $ | (2,402) | ​ | $ | 9,574 | ​ | $ | (2,402)
Agency mortgage-backed securities | ​ | ​ | 66 | ​ | ​ | (1) | ​ | ​ | 38,535 | ​ | ​ | (5,650) | ​ | ​ | 38,601 | ​ | ​ | (5,651)
Municipal securities | ​ | ​ | 1,615 | ​ | ​ | (20) | ​ | ​ | 30,291 | ​ | ​ | (10,181) | ​ | ​ | 31,906 | ​ | ​ | (10,201)
U.S. Government agency securities | ​ |  | — | ​ | ​ | ​ | ​ | ​ | 23,538 | ​ | ​ | (7,830) | ​ | ​ | 23,538 | ​ | ​ | (7,830)
Corporate securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,341 | ​ | ​ | (159) | ​ | ​ | 1,341 | ​ | ​ | (159)
U.S. Treasury securities | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 1,799 | ​ | $ | (21) | ​ | $ | 103,161 | ​ | $ | (26,222) | ​ | $ | 104,960 | ​ | $ | (26,243)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At December 31, 2023
​ | ​ | Less than 12 months | ​ | 12 months or more | ​ | Total
​ |  | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair |  | Unrealized
(dollars in thousands) | ​ | Value | ​ | Loss | ​ | Value | ​ | Loss | ​ | Value | ​ | Loss
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Collateralized mortgage obligations | ​ | $ | 492 | ​ | $ | (1) | ​ | $ | 11,927 | ​ | $ | (2,308) | ​ | $ | 12,419 | ​ | $ | (2,309)
Agency mortgage-backed securities | ​ | ​ | 5 | ​ | ​ | — | ​ | ​ | 46,109 | ​ | ​ | (5,816) | ​ | ​ | 46,114 | ​ | ​ | (5,816)
Municipal securities | ​ | ​ | 2,978 | ​ | ​ | (39) | ​ | ​ | 28,667 | ​ | ​ | (9,226) | ​ | ​ | 31,645 | ​ | ​ | (9,265)
U.S. Government agency securities | ​ |  | 220 | ​ | ​ | (1) | ​ | ​ | 37,474 | ​ | ​ | (7,711) | ​ | ​ | 37,694 | ​ | ​ | (7,712)
Corporate securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,284 | ​ | ​ | (216) | ​ | ​ | 1,284 | ​ | ​ | (216)
U.S. Treasury securities | ​ |  | — | ​ |  | — | ​ |  | 6,944 | ​ |  | (54) | ​ |  | 6,944 | ​ |  | (54)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 3,695 | ​ | $ | (41) | ​ | $ | 132,405 | ​ | $ | (25,331) | ​ | $ | 136,100 | ​ | $ | (25,372)
Schedule of contractual maturities of investment securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | At December 31, 2024
​ | ​ | Amortized | ​ | Fair
(dollars in thousands) |  | Cost |  | Value
​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Due within one year | ​ | $ | 1,003 | ​ | $ | 1,002
Due over one to five years | ​ |  | 4,012 | ​ |  | 3,640
Due over five to ten years | ​ |  | 16,288 | ​ |  | 13,790
Due over ten years | ​ |  | 54,172 | ​ |  | 38,858
Collateralized mortgage obligations | ​ | ​ | 14,439 | ​ | ​ | 12,058
Agency mortgage-backed securities | ​ |  | 44,252 | ​ |  | 38,601
​ | ​ | ​ | ​ | ​ | ​ | ​
Total securities available for sale | ​ | $ | 134,166 | ​ | $ | 107,949
​

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration