XML 31 R14.htm IDEA: XBRL DOCUMENT

Other Real Estate Owned	12 Months Ended
Other Real Estate Owned	Dec. 31, 2024
Other Real Estate Owned [Abstract]
Other Real Estate Owned	Note 6—Other Real Estate Owned The Company reported $873,000 in other real estate owned at December 31, 2024 and 2023, which includes property no longer utilized for business operations and property acquired through foreclosure proceedings. These properties are carried at fair value less selling costs determined at the date acquired. Losses, if any, arising from properties acquired through foreclosure are charged against the allowance for loan losses at the time of foreclosure. Subsequent declines in value, periodic holding costs, and net gains or losses on disposition are included in other operating expense as incurred.