CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Cash and due from banks:
Noninterest bearing deposits and cash	$ 5,187	$ 2,411
Interest bearing deposits	88,226	183,980
Restricted cash	15,779	20,736
Total cash, cash equivalents and restricted cash	109,192	207,127
Available-for-sale securities, at fair value	243,304	224,677
Federal Reserve Bank (FRB) stock, at cost	3,053	2,961
Federal Home Loan Bank (FHLB) stock, at cost	982	679
Loans receivable (net of allowance for credit losses: 2026: $(7,779) and 2025: $(6,839))	751,213	585,723
Loans held for sale	20,154	24,513
Accrued interest and dividends receivable	6,272	4,869
Premises and equipment, net	28,456	28,116
Deferred tax asset	0	0
Core deposit intangible, net	97	109
Other assets	14,071	9,066
Total assets	1,176,794	1,087,840
Deposits:
Noninterest bearing deposits	82,332	106,766
Interest bearing deposits	966,094	859,020
Total deposits	1,048,426	965,786
FHLB, FRB and correspondent bank borrowings	10,000	0
Subordinated debt, net	8,295	8,289
Junior subordinated debt owed to unconsolidated trust, net	8,160	8,157
Advances from borrowers for taxes and insurance	2,181	893
Accrued expenses and other liabilities	9,525	10,035
Total liabilities	1,086,587	993,160
Shareholders' equity
Common stock	1,172	1,151
Additional paid-in capital	205,923	206,446
Accumulated deficit	(101,374)	(99,619)
Treasury stock	(1,179)	(1,179)
Accumulated other comprehensive loss	(14,335)	(12,119)
Total shareholders' equity	90,207	94,680
Total liabilities and shareholders' equity	$ 1,176,794	$ 1,087,840