Borrowings

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Borrowings

Borrowings

Available Lines of Credit

The Bank maintains eligibility for a secured line of credit with the FHLB. To establish credit availability, the Bank will typically pledge eligible 1-4 family residential real estate loans from its loan portfolio as collateral. As of December 31, 2025 and 2024, the Bank had not pledged any collateral to the FHLB. Consequently, no credit availability was established, and no outstanding borrowings were recorded.

The Bank also maintains eligibility for a secured line of credit with the FRB, and will typically pledge investment securities to establish credit availability. At December 31, 2025 and December 31, 2024, the Bank had not pledged any collateral to the FRB. Consequently, no credit availability was established, and no outstanding borrowings were recorded.

Subsequent to year-end, the Company entered into a $15.0 million revolving credit facility as described in Note 16, “Subsequent Events.”

Short-Term Borrowing Facilities

As of December 31, 2025 and 2024, the Company had no outstanding short-term borrowings. The Bank maintains access to unsecured federal funds purchase lines of credit with:

•Pacific Coast Bankers’ Bank: $50.0 million, maturing June 30, 2026,

•First National Bankers’ Bank: $10.0 million, maturing June 30, 2026, and

•Community Bankers’ Bank: $8.0 million, matured March 4, 2026 and subsequently renewed for a one year period to March 2, 2027.

These federal funds lines renew annually, and balances may remain outstanding for periods ranging from 10 to 90 consecutive days. The use of these credit facilities is contingent upon compliance with specified financial conditions and covenants.

As of December 31, 2025 and December 31, 2024, the Bank had no outstanding balances under these federal funds purchase lines.