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EMPLOYEE BENEFITS (Tables)
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Net Pension Cost and Funded Status

The following table presents the net pension cost and funded status of the Company relating to the Pentegra Defined Benefit Plan since the date of acquisition (dollar amounts in thousands).

 

 

2024

 

 

2023

 

Net pension cost charged to salaries and employee benefits

 

$

65

 

 

$

54

 

Pentegra defined benefit plan funded status as of July 1

 

 

111.97

%

 

 

113.64

%

Plan's funded status as of July 1

 

 

88.99

%

 

 

87.84

%

Contributions paid to the plan

 

$

74

 

 

$

53