Carrying

Fair

Amount

Value

Level 1

Level 2

Level 3

December 31, 2024

Financial assets:

Cash and due from banks

$

6,841

$

6,841

$

6,841

$

—

$

—

Interest-bearing cash equivalents

$

92,004

$

92,004

$

92,004

$

—

$

—

Securities available for sale

$

244,119

$

244,119

$

—

$

244,119

$

—

Loans held for sale

$

26,026

$

26,026

$

—

$

26,026

$

—

Loans held for investment, net

$

750,653

$

737,551

$

—

$

—

$

737,551

Derivative assets

$

439

$

439

$

—

$

439

$

—

Mortgage servicing rights

$

1,078

$

1,945

$

—

$

1,945

$

—

Accrued interest receivable

$

5,729

$

5,729

$

—

$

—

$

5,729

Financial Liabilities:

Deposits

$

800,742

$

711,225

$

—

$

711,225

$

—

Advances by borrowers for taxes and insurance

$

6,537

$

6,537

$

6,537

$

—

$

—

Other borrowings

$

73,500

$

73,372

$

—

$

73,372

$

—

Accrued interest payable

$

380

$

380

$

—

$

—

$

380

December 31, 2023

Financial assets:

Cash and due from banks

$

5,795

$

5,795

$

5,795

$

—

$

—

Interest-bearing cash equivalents

$

81,313

$

81,313

$

81,313

$

—

$

—

Securities available for sale

$

249,898

$

249,898

$

—

$

249,898

$

—

Loans held for sale

$

22,576

$

22,576

$

—

$

22,576

$

—

Loans held for investment, net

$

659,481

$

661,600

$

—

$

—

$

661,600

Derivative assets

$

184

$

184

$

—

$

184

$

—

Mortgage servicing rights

$

2,231

$

6,934

$

—

$

6,934

$

—

Accrued interest receivable

$

5,506

$

5,506

$

—

$

—

$

5,506

Financial Liabilities:

Deposits

$

769,288

$

706,000

$

—

$

706,000

$

—

Advances by borrowers for taxes and insurance

$

11,774

$

11,774

$

11,774

$

—

$

—

Other borrowings

$

172,200

$

171,160

$

—

$

171,160

$

—

Accrued interest payable

$

524

$

524

$

—

$

—

$

524