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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Cash and Cash Equivalents $ 178,277,000 $ 128,284,000
Certificates of Deposit with Other Banks 1,250,000 2,350,000
Investments:    
Fair value, AFS 525,623,000 537,640,000
Held To Maturity ("HTM") (Fair Value of $130,902 and $158,540 at December 31, 2024 and December 31, 2023, Respectively) 135,200,000 163,072,000
Total Investments 660,823,000 700,712,000
Loans Receivable, Net:    
Held For Sale 599,000 967,000
Held For Investment (Net of Allowance of $13,894 and $12,569 at December 31, 2024 and December 31, 2023, Respectively) 686,550,000 621,562,000
Total Loans Receivable, Net 687,149,000 622,529,000
Interest Receivable 5,374,000 5,512,000
Operating Lease Right-of-Use Assets 927,000 1,402,000
Land Held for Sale 938,000 938,000
Premises and Equipment, Net 29,321,000 28,637,000
Federal Home Loan Bank ("FHLB") Stock, at Cost 1,089,000 922,000
Bank Owned Life Insurance ("BOLI") 28,660,000 27,954,000
Goodwill 1,200,000 1,200,000
Other Assets 16,765,000 29,231,000
Total Assets 1,611,773,000 1,549,671,000
Liabilities:    
Deposit Accounts 1,324,033,000 1,194,997,000
Borrowings from Federal Reserve Bank ("FRB") 50,000,000 119,200,000
Other Borrowings 27,809,000 19,180,000
Junior Subordinated Debentures 5,155,000 5,155,000
Subordinated Debentures 10,000,000 26,500,000
Operating Lease Liabilities 959,000 1,442,000
Other Liabilities 11,428,000 10,835,000
Total Liabilities 1,429,384,000 1,377,309,000
Commitments (Note 18)
Shareholders' Equity:    
Senior Non-Cumulative Perpetual Preferred Stock, Series ECIP, $1,000 Par Value; (82,949 Shares Authorized, Issued and Outstanding at December 31, 2024 and 2023) 82,949,000 82,949,000
Common Stock, $0.01 Par Value; 5,000,000 Shares Authorized; 3,458,050 Shares Issued and 3,186,571 Shares Outstanding at December 31, 2024 and 3,456,136 Shares Issued and 3,228,777 Shares Outstanding at December 31, 2023 35,000 35,000
Additional Paid-In Capital ("APIC") 18,336,000 18,287,000
Treasury Stock, at Cost (271,479 and 227,359 Shares Outstanding at December 31, 2024 and 2023, Respectively) (5,964,000) (4,913,000)
Accumulated Other Comprehensive Loss ("AOCL") (31,105,000) (35,050,000)
Retained Earnings 118,138,000 111,054,000
Total Shareholders' Equity 182,389,000 172,362,000
Total Liabilities and Shareholders' Equity $ 1,611,773,000 $ 1,549,671,000