BANK OWNED LIFE INSURANCE AND ANNUITIES (Tables)

12 Months Ended

Dec. 31, 2024

BANK OWNED LIFE INSURANCE AND ANNUITIES

Summary of Changes in Cash Value of BOLI and Annuities

(Dollars in thousands)	Life		Deferred
	Insurance		Annuities		Total
Balance as of January 1, 2023	$	14,630	$	567	$	15,197
Earnings		204		18		222
Premiums on existing policies		19		12		31
Death Benefits received		(621)		(149)		(770)
Gain from life insurance proceeds		160		1		161
Balance as of December 31, 2023		14,392		449		14,841
Earnings		219		17		236
Purchases		717		—		717
Premiums on existing policies		19		8		27
Death Benefits received		(663)		—		(663)
Gain from life insurance proceeds		56		—		56
Balance as of December 31, 2024	$	14,740	$	474	$	15,214