Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule Of Net Deferred Tax Assets

The net deferred tax asset at December 31, 2025 and 2024 consisted of the following components:

	December 31,
	2025		2024
	(in thousands)
Deferred tax assets:
Allowance for credit losses	$	3,299	$	3,156
Reserve for unfunded commitments		70		106
Share-based compensation		341		306
Accrued postretirement benefits		23		21
Home equity origination costs		99		95
Nonaccrual interest		148		20
Lease liabilities		2,120		2,054
Credit carryforward		682		1,033
Securities available for sale		1,397		4,956
Total deferred tax assets	$	8,179	$	11,747
Deferred tax liabilities:
Property and equipment	$	805	$	709
Right-of-use assets		2,032		1,988
Loan servicing rights		137		68
Total deferred tax liabilities	$	2,974	$	2,765
Net deferred tax asset	$	5,205	$	8,982

Schedule of Pretax Income From Continuing Operations

Pretax income from continuing operations was as follows for the year ended December 31, 2025:

	December 31,
	2025
	(in thousands)
Domestic	$	9,925
Foreign		—
Total	$	9,925

Schedule Of Components Of Income Tax Expense

Income tax expense from continuing operations for the years ended December 31, 2025 and 2024 consisted of the following components:

	December 31,
	2025			2024
	(in thousands)
Current tax expense
Federal	$	1,313		$	2,824
State
Maryland		121			127
Other States		56			7
Foreign1		—
Deferred tax accrual (benefit)
Federal		298			600
State
Maryland		(52	)		—
Other States		(25	)		—
Foreign1		—
Total	$	1,711		$	3,558

Schedule Of Income Tax Reconciliation

The following tables reconcile income tax expense to the statutory federal corporate income tax amount, which was calculated by applying the federal corporate income tax rate to pre-tax income for the years ended December 31, 2025 and 2024:

	2025
	Amount			Percent
	(dollars in thousands)
Federal statutory income tax	$	2,084			21.0	%
Effect of:
State income taxes, net of federal effect 1		(22	)		-0.22	%
Foreign tax effects		—			0.00	%
Tax credits:
Qualified affordable housing projects		10			0.10	%
Rehabilitation programs		(27	)		-0.28	%
Nontaxable or nondeductible items:
Tax-exempt interest income		(77	)		-0.78	%
Officer insurance income		(234	)		-2.36	%
Other, net		(23	)		-0.23	%
Effective tax rate	$	1,711			17.23	%

(1)State taxes in Maryland made up the majority (greater than 50 percent of the tax effect in this category).

	December 31, 2024
	(in thousands)
Federal statutory income tax	$	3,969
Effect of:
Tax-exempt interest income		(78	)
Officer insurance income		(404	)
Net tax credits		(53	)
Other, net		124
Total	$	3,558