Commitments and Contingencies and Derivatives (Tables)

6 Months Ended

Jun. 30, 2025

Commitments and Contingencies and Derivatives

Schedule of contract amounts represent off-balance sheet credit risk

Financial instruments whose contract amounts represent off-balance sheet credit risk are as follows:

	June 30,		December 31,
	2025		2024
Commitments to extend credit summarized as follows:
Future loan commitments	$	4,524	$	5,556
Undisbursed construction loans		14,930		23,617
Undisbursed home equity lines of credit		10,422		10,357
Undisbursed commercial and other line of credit		86,938		79,107
Standby letters of credit		4,327		3,022
Credit card lines		4,815		2,701
Loans sold with recourse		475		805
Total	$	126,431	$	125,165

Schedule of information regarding derivatives

Summary information regarding these derivatives is presented below:

	June 30,			December 31,
	2025			2024
Notational amount	$	204,141		$	151,867
Fair value	$	7,452		$	6,458
Weighted average pay rates		5.71	%		5.48	%
Weighted average receive rates		6.39	%		6.67	%
Weighted average maturity (in years)		6.23			7.45
Number of Contracts		34			24