CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Cash and due from banks:
Noninterest bearing deposits and cash	$ 2,411,000	$ 3,295,000
Interest bearing deposits	183,980,000	144,273,000
Restricted cash	20,736,000	15,042,000
Total cash, cash equivalents and restricted cash	207,127,000	162,610,000
Investment securities:
Available-for-sale securities, at fair value	224,677,000	79,992,000
Other investments, at cost	0	4,450,000
Total investment securities	224,677,000	84,442,000
Federal Reserve Bank (FRB) stock, at cost	2,961,000	1,377,000
Federal Home Loan Bank (FHLB) stock, at cost	679,000	779,000
Loans receivable (net of allowance for credit losses: 2025: $(6,839) and 2024: $(7,305))	585,723,000	700,167,000
Loans held for sale	24,513,000	15,702,000
Accrued interest and dividends receivable	4,869,000	5,488,000
Premises and equipment, net	28,116,000	28,865,000
Other real estate owned	0	2,843,000
Deferred tax asset, net	0	0
Core deposit intangible, net	109,000	156,000
Other assets	9,066,000	9,863,000
Total assets	1,087,840,000	1,012,292,000
Deposits:
Noninterest bearing deposits	106,766,000	119,212,000
Interest bearing deposits	859,020,000	847,385,000
Total deposits	965,786,000	966,597,000
FHLB, FRB and correspondent bank borrowings	0	3,000,000
Senior notes, net	0	11,861,000
Subordinated debt, net	8,289,000	9,898,000
Junior subordinated debt owed to unconsolidated trust, net	8,157,000	8,147,000
Note payable	0	162,000
Advances from borrowers for taxes and insurance	893,000	1,472,000
Accrued expenses and other liabilities	10,035,000	6,890,000
Total liabilities	993,160,000	1,008,027,000
Shareholders' equity
Common stock, $0.01 par value; authorized 200,000,000 2025 issued shares 115,070,413; outstanding shares 114,996,672; 2024 issued shares 4,065,593; outstanding shares 3,991,852	1,151,000	41,000
Additional paid-in capital	206,446,000	107,992,000
Accumulated deficit	(99,619,000)	(86,908,000)
Accumulated other comprehensive loss	(12,119,000)	(15,681,000)
Treasury stock	(1,179,000)	(1,179,000)
Total shareholders' equity	94,680,000	4,265,000
Total liabilities and shareholders' equity	$ 1,087,840,000	$ 1,012,292,000