XML 18 R2.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets [Abstract]    
Cash and due from banks $ 25,179 $ 21,351
Interest-bearing deposits at other financial institutions 1,276 1,711
Federal funds sold 136,301 184,646
Cash and cash equivalents 162,756 207,708
Investment securities available-for-sale (AFS), at fair value 57,954 55,747
Investment securities held-to-maturity (HTM), at amortized cost, net of allowance for credit losses of $0 and $0, respectively 13,798 16,078
Restricted securities, at amortized cost 7,005 6,873
Loans, net of allowance for credit losses of $19,308 and $19,450, respectively 1,841,833 1,810,556
Premises and equipment, net 13,530 13,287
Property held for sale, at fair value 2,806 0
Other real estate owned, net 1,697 0
Accrued interest and other receivables 14,518 11,311
Bank owned life insurance 40,752 39,507
Other Assets 56,020 67,031
Total Assets 2,212,669 2,228,098
Liabilities [Abstract]    
Non-interest bearing deposits 378,694 324,307
Interest-bearing demand deposits 119,407 139,780
Savings and NOW deposits 121,905 64,337
Money market deposits 499,334 560,082
Time deposits 779,844 819,288
Total deposits 1,899,184 1,907,794
Subordinated debt, net 69,936 73,039
Allowance for credit losses on off-balance sheet credit exposure 335 287
Other Liabilities 24,623 38,987
Total Liabilities 1,994,078 2,020,107
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Preferred stock, $1.00 par value, 2,000,000 shares authorized non-cumulative perpetual; 28,750 issued and outstanding as of December 31, 2025 and December 31, 2024 27,263 27,263
Common stock, $4.00 par value, 15,000,000 shares authorized; issued and outstanding 7,496,571 shares (including 244,964 non-vested shares) for December 31, 2025 and 7,603,765 shares (including 237,717 non-vested shares) for December 31, 2024 29,008 29,466
Capital surplus 66,531 67,823
Retained earnings 101,557 91,150
Accumulated other comprehensive loss (5,768) (7,711)
Total Stockholders’ Equity 218,591 207,991
Total Liabilities and Stockholders’ Equity $ 2,212,669 $ 2,228,098