LEASES (Tables)

9 Months Ended

Sep. 30, 2025

Leases [Abstract]

Schedule of Leased Branch Properties

Leased branch properties as of September 30, 2025 and December 31, 2024 classified as operating leases consist of the following (in thousands):

	September 30, 2025		December 31, 2024
Operating lease right-of-use assets	$	5,446	$	5,648
Less: accumulated amortization	(583)		(772)
Less: lease termination	—		—
Add: lease modifications	80		570
Operating lease right-of-use-assets, net	$	4,943	$	5,446

Schedule of Undiscounted Cash Flows of the Operating Lease Liabilities

The following is a schedule by year of the undiscounted cash flows of the operating lease liabilities, excluding CAM charges, as of September 30, 2025 (in thousands):

Year	Amount
2025	$	240
2026	965
2027	977
2028	845
2029	827
2030 and thereafter	1,860
Total minimum lease payments	5,714
Less: amount representing interest	(590)
Present value of net minimum lease payments	$	5,124

Schedule of Leases in Premises and Equipment

The Corporation has included these leases in premises and equipment as of September 30, 2025 and December 31, 2024 as follows (in thousands):

	September 30, 2025		December 31, 2024
Buildings	$	6,507	$	6,507
Less: accumulated depreciation	(3,520)		(3,236)
Net book value	$	2,987	$	3,271

Schedule of Future Minimum Financial Lease Payments

The following is a schedule by year of future minimum lease payments under finance leases, together with the present value of net minimum lease payments as of September 30, 2025 (in thousands):

Year	Amount
2025	$	123
2026	502
2027	505
2028	505
2029	511
2030 and thereafter	2,436
Total minimum lease payments	4,582
Less: amount representing interest	(1,052)
Present value of net minimum lease payments	$	3,530