LOANS (Tables)

6 Months Ended

Jun. 30, 2025

Receivables [Abstract]

Schedule of loans receivable outstanding

(Dollars in thousands)	June 30, 2025		December 31, 2024
Real estate secured:
Commercial	$	250,962	$	243,646
Construction and land development		39,671		36,112
Residential 1-4 family		249,221		234,860
Multifamily		37,715		32,379
Farmland		20,704		16,921
Total real estate loans		598,273		563,918
Commercial		60,320		60,587
Agriculture		5,259		4,025
Consumer installment and all other loans		31,963		29,006
Total loans	$	695,815	$	657,536

Schedule of loans receivable nonaccrual status

				June 30, 2025						December 31, 2024
				With No Allowance		With an Allowance		Total		With No Allowance		With an Allowance		Total
(Dollars in thousands)
Real estate secured:
	Commercial		$	193	$	-	$	193	$	411	$	-	$	411
	Construction and land development			28		-		28		300		-		300
	Residential 1-4 family			2,239		178		2,417		2,232		178		2,410
	Farmland			19		-		19		-		-		-
		Total real estate loans		2,479		178		2,657		2,943		178		3,121
Commercial				53		-		53		66		-		66
Agriculture				-		752		752		16		-		16
Consumer installment loans and other loans				26		-		26		56		14		70
Total loans receivable on nonaccrual status			$	2,558	$	930	$	3,488	$	3,081	$	192	$	3,273

Schedule of summary of impaired loans

			June 30, 2025				December 31, 2024
			Unpaid Principal Balance		Related Allowance		Unpaid Principal Balance		Related Allowance
(Dollars in thousands)
Real estate secured:
	Commercial	$	3,242	$	-	$	396	$	-
	Residential 1-4 family		660		178		1,008		177
Total real estate loans			3,902		178		1,704		177
Agriculture			752		28		-		-
Consumer installment loans and other loans			-		-		13		3
Total		$	4,654	$	206	$	1,717	$	180

Schedule of analysis of past due loans receivable

June 30, 2025 (Dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Past Due Loans		Current Loans		Total Loans
Real estate secured:
Commercial	$	—	$	7	$	186	$	193	$	250,769	$	250,962
Construction and land development		90		—		—		90		39,581		39,671
Residential 1-4 family		1,931		342		755		3,028		246,193		249,221
Multifamily		—		—		—		—		37,715		37,715
Farmland		—		—		—		—		20,704		20,704
Total real estate loans		2,021		349		941		3,311		594,962		598,273
Commercial		62		—		24		86		60,234		60,320
Agriculture		—		—		752		752		4,507		5,259
Consumer installment and all other loans		169		23		14		206		31,757		31,963
Total loans	$	2,252	$	372	$	1,731	$	4,355	$	691,460	$	695,815

The following table is an age analysis of past due loans receivable as of December 31, 2024, segregated by class:

December 31, 2024 (Dollars in thousands)	Loans 30-59 Days Past Due		Loans 60-89 Days Past Due		Loans 90 or More Days Past Due		Total Past Due Loans		Current Loans		Total Loans
Real estate secured:
Commercial	$	—	$	255	$	156	$	411	$	243,235	$	243,646
Construction and land development		3		333		—		336		35,776		36,112
Residential 1-4 family		2,413		1,810		510		4,733		230,127		234,860
Multifamily		—		—		—		—		32,379		32,379
Farmland		207		—		—		207		16,714		16,921
Total real estate loans		2,623		2,398		666		5,687		558,231		563,918
Commercial		166		77		—		243		60,344		60,587
Agriculture		37		—		—		37		3,988		4,025
Consumer installment and all other loans		89		88		30		207		28,799		29,006
Total loans	$	2,915	$	2,563	$	696	$	6,174	$	651,362	$	657,536

Schedule of credit risk grade of loans

As of June 30, 2025
(Dollars are in thousands)	2025			2024			2023			2022			2021			Prior			Revolving			Total
Commercial real estate
Pass	$	19,176		$	19,884		$	45,051		$	45,934		$	41,956		$	76,219		$	351		$	248,571
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			186			2,197			8			—			2,391
Total commercial real estate	$	19,176		$	19,884		$	45,051		$	46,120		$	44,153		$	76,227		$	351		$	250,962
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Construction and Land Development
Pass	$	5,511		$	22,934		$	3,254		$	2,171		$	2,282		$	3,491		$	—		$	39,643
Special mention		—			—			—			—			—			—			—			—
Substandard		—			28			—			—			—			—			—			28
Total construction and land development	$	5,511		$	22,962		$	3,254		$	2,171		$	2,282		$	3,491		$	—		$	39,671
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Residential 1-4 family
Pass	$	19,084		$	20,398		$	28,267		$	27,013		$	38,678		$	81,746		$	31,311		$	246,497
Special mention		—			—			—			—			—			287			—			287
Substandard		—			104			255			—			—			1,930			148			2,437
Total residential 1-4 family	$	19,084		$	20,502		$	28,522		$	27,013		$	38,678		$	83,963		$	31,459		$	249,221
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Multifamily
Pass	$	7,648		$	1,454		$	4,611		$	9,682		$	6,575		$	7,745		$	—		$	37,715
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			—			—			—			—			—
Total multifamily	$	7,648		$	1,454		$	4,611		$	9,682		$	6,575		$	7,745		$	—		$	37,715
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Farmland
Pass	$	5,048		$	2,648		$	1,334		$	1,993		$	2,707		$	6,821		$	—		$	20,551
Special mention		—			—			—			—			—			134			—			134
Substandard		—			—			—			—			—			19			—			19
Total farmland	$	5,048		$	2,648		$	1,334		$	1,993		$	2,707		$	6,974		$	—		$	20,704
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Commercial
Pass	$	11,499		$	13,661		$	11,115		$	3,394		$	1,768		$	3,139		$	15,688		$	60,264
Special mention		—			—			—			—			—			2			—			2
Substandard		—			—			—			—			24			—			30			54
Total commercial	$	11,499		$	13,661		$	11,115		$	3,394		$	1,792		$	3,141		$	15,718		$	60,320
Current period gross charge-offs	$	—		$	(8	)	$	—		$	—		$	—		$	—		$	(10	)	$	(18	)
Agriculture
Pass	$	846		$	804		$	198		$	281		$	141		$	131		$	2,106		$	4,507
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			—			—			—			—			—
Doubtful		—			305			—			—			—			—			447			752
Total agriculture	$	846		$	1,109		$	198		$	281		$	141		$	131		$	2,553		$	5,259
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	(50	)	$	(50	)
Consumer and All Other
Pass	$	9,562		$	11,244		$	6,191		$	1,905		$	972		$	938		$	1,126		$	31,938
Special mention		—			—			—			—			—			—			—			—
Substandard		—			2			13			10			—			—			—			25
Total consumer and all other	$	9,562		$	11,246		$	6,204		$	1,915		$	972		$	938		$	1,126		$	31,963
Current period gross charge-offs	$	(65	)	$	(16	)	$	(12	)	$	(5	)	$	(1	)	$	(2	)	$	(14	)	$	(115	)
Total	$	78,374		$	93,466		$	100,289		$	92,569		$	97,300		$	182,610		$	51,207		$	695,815
Total current period gross charge-offs	$	(65	)	$	(24	)	$	(12	)	$	(5	)	$	(1	)	$	(2	)	$	(74	)	$	(183	)

The following table presents the credit risk grade of loans by origination year as of December 31, 2024:

As of December 31, 2024
(Dollars are in thousands)	2024			2023			2022			2021			2020			Prior			Revolving			Total
Commercial real estate
Pass	$	20,653		$	47,052		$	43,553		$	46,902		$	27,155		$	56,369		$	1,541		$	243,225
Special mention		—			—			—			—			—			9			—			9
Substandard		—			—			255			141			—			16			—			412
Total commercial real estate	$	20,653		$	47,052		$	43,808		$	47,043		$	27,155		$	56,394		$	1,541		$	243,646
Current period gross charge-offs	$	—		$	—		$	—		$	(179	)	$	—		$	—		$	(1	)	$	(180	)
Construction and Land Development
Pass	$	17,654		$	5,078		$	6,240		$	3,019		$	1,719		$	2,089		$	—		$	35,799
Special mention		—			—			—			—			—			12			—			12
Substandard		301			—			—			—			—			—			—			301
Total construction and land development	$	17,955		$	5,078		$	6,240		$	3,019		$	1,719		$	2,101		$	—		$	36,112
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Residential 1-4 family
Pass	$	19,094		$	27,861		$	29,510		$	38,329		$	11,265		$	78,424		$	26,933		$	231,416
Special mention		—			—			—			—			—			319			—			319
Substandard		104			257			42			723			238			1,647			114			3,125
Total residential 1-4 family	$	19,198		$	28,118		$	29,552		$	39,052		$	11,503		$	80,390		$	27,047		$	234,860
Current period gross charge-offs	$	—		$	(38	)	$	—		$	—		$	—		$	(37	)	$	—		$	(75	)
Multifamily
Pass	$	1,564		$	4,829		$	10,313		$	6,818		$	2,505		$	6,350		$	—		$	32,379
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			—			—			—			—			—
Total multifamily	$	1,564		$	4,829		$	10,313		$	6,818		$	2,505		$	6,350		$	—		$	32,379
Current period gross charge-offs	$	—		$	(53	)	$	—		$	—		$	—		$	(42	)	$	—		$	(95	)
Farmland
Pass	$	2,669		$	1,333		$	2,045		$	2,812		$	730		$	7,186		$	—		$	16,775
Special mention		—			—			—			—			—			146			—			146
Substandard		—			—			—			—			—			—			—			—
Total farmland	$	2,669		$	1,333		$	2,045		$	2,812		$	730		$	7,332		$	—		$	16,921
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Commercial
Pass	$	18,298		$	13,490		$	4,780		$	2,305		$	801		$	2,560		$	18,284		$	60,518
Special mention		—			—			—			—			—			2			—			2
Substandard		1			—			—			31			—			—			35			67
Total commercial	$	18,299		$	13,490		$	4,780		$	2,336		$	801		$	2,562		$	18,319		$	60,587
Current period gross charge-offs	$	—		$	(34	)	$	(55	)	$	—		$	—		$	—		$	(73	)	$	(162	)
Agriculture
Pass	$	1,333		$	322		$	339		$	232		$	35		$	195		$	1,553		$	4,009
Special mention		—			—			—			—			—			—			—			—
Substandard		—			—			—			—			—			16			—			16
Total agriculture	$	1,333		$	322		$	339		$	232		$	35		$	211		$	1,553		$	4,025
Current period gross charge-offs	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Consumer and All Other
Pass	$	14,500		$	7,982		$	2,706		$	1,276		$	424		$	880		$	1,158		$	28,926
Special mention		—			—			—			—			—			—			—			—
Substandard		17			22			20			19			2			—			—			80
Total consumer and all other	$	14,517		$	8,004		$	2,726		$	1,295		$	426		$	880		$	1,158		$	29,006
Current period gross charge-offs	$	(163	)	$	(62	)	$	(14	)	$	(7	)	$	(9	)	$	—		$	(24	)	$	(279	)
Total	$	96,188		$	108,226		$	99,803		$	102,607		$	44,874		$	156,220		$	49,618		$	657,536
Total current period gross charge-offs	$	(163	)	$	(187	)	$	(69	)	$	(186	)	$	(9	)	$	(79	)	$	(98	)	$	(791	)