Securities (Tables)

3 Months Ended

Mar. 31, 2026

Securities

Schedule of amortized cost and fair values of securities, with gross unrealized gains and losses

	Amortized		Unrealized		Unrealized		Allowance for		Fair
(In thousands)	Cost		Gains		Losses		Credit Losses		Value
Available-for-sale securities:
March 31, 2026:
U.S. Treasury securities	$	11,764	$	4	$	(28)	$	—	$	11,740
U.S. Government Agency securities		1,000		—		(107)		—		893
Municipal securities		16,368		—		(2,484)		(518)		13,366
Mortgage-backed securities and collateralized mortgage obligations		10,950		2		(951)		—		10,001
Corporate securities		7,147		7		(123)		—		7,031
	$	47,229	$	13	$	(3,693)	$	(518)	$	43,031
December 31, 2025:
U.S. Treasury securities	$	14,775	$	36	$	(16)	$	—	$	14,795
U.S. Government Agency securities		1,000		—		(100)		—		900
Municipal securities		16,406		3		(2,364)		(518)		13,527
Mortgage-backed securities and collateralized mortgage obligations		11,796		10		(891)		—		10,915
Corporate securities		8,608		12		(122)		—		8,498
	$	52,585	$	61	$	(3,493)	$	(518)	$	48,635

Schedule of amortized cost and fair value of debt securities based on the contractual maturity

	March 31, 2026				December 31, 2025
	Amortized		Fair		Amortized		Fair
(In thousands)	Cost		Value		Cost		Value
Due in one year or less	$	10,412	$	9,863	$	14,434	$	13,868
Due after one year through five years		13,406		12,646		13,866		13,185
Due after five years through ten years		9,490		8,231		9,056		7,986
Due after ten years		2,971		2,290		3,433		2,681
Mortgage-backed securities and collateralized mortgage obligations		10,950		10,001		11,796		10,915
	$	47,229	$	43,031	$	52,585	$	48,635

Schedule of securities with gross unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position

	Less than Twelve Months				Twelve Months and Greater
	Gross				Gross
	Unrealized		Fair		Unrealized		Fair
(In thousands)	Losses		Value		Losses		Value
March 31, 2026:
U.S. Treasury securities	$	(28)	$	5,980	$	—		—
U.S. Government Agency securities		—		—		(107)		893
Municipal securities		(8)		930		(2,476)		11,147
Mortgage-backed securities and collateralized mortgage obligations		(48)		4,242		(903)		4,569
Corporate securities		(6)		869		(117)		4,710
	$	(90)	$	12,021	$	(3,603)	$	21,319
December 31, 2025:
U.S. Treasury securities	$	(1)	$	996	$	(15)	$	2,984
U.S. Government Agency securities		—		—		(100)		900
Municipal securities		(1)		1,025		(2,363)		11,300
Mortgage-backed securities and collateralized mortgage obligations		(32)		3,871		(859)		5,359
Corporate securities		—		—		(122)		5,718
	$	(34)	$	5,892	$	(3,459)	$	26,261

Schedule of allowance for credit losses on available-for-sale debt securities

(In thousands)	Municipal Securities
March 31, 2026:
Balance, beginning of period	$	518
Provision for credit losses, not previously recorded		—
Balance, end of period	$	518
March 31, 2025:
Balance, beginning of period	$	498
Provision for credit losses, not previously recorded		—
Balance, end of period	$	498