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Loans Receivable (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans consist of the following as of December 31, 2025, and December 31, 2024:
(Dollars in thousands)December 31, 2025December 31, 2024
Loans secured by real estate:
Residential real estate$442,443 $467,293 
Home equity53,497 49,758 
Commercial real estate555,594 551,674 
Construction and land development77,208 82,874 
Multifamily183,902 212,455 
Total loans secured by real estate1,312,644 1,364,054 
Commercial business99,304 104,246 
Consumer870 551 
Manufactured homes23,708 26,708 
Government12,298 11,024 
Loans receivable1,448,824 1,506,583 
Add:
Net deferred loan origination costs1,606 2,439 
Loan clearing funds(43)(46)
Loans receivable, net of deferred fees and costs$1,450,387 $1,508,976 
Schedule of Financing Receivable, Past Due
The Company's age analysis of past due loans is summarized below:
(Dollars in thousands)30-59 Days Past Due60-89 Days Past DueGreater Than 90
Days Past Due		Total Past Due and
Accruing		CurrentAccruing LoansNonaccrual
Loans		Total Loans
Receivable
December 31, 2025
Residential real estate$4,991 $1,552 $- $6,543 $429,968 $436,511 $5,932 $442,443 
Home equity324 - - 324 52,363 52,687 810 53,497 
Commercial real estate4,106 3,905 - 8,011 546,022 554,033 1,561 555,594 
Construction and land development2,343 129 - 2,472 74,083 76,555 653 77,208 
Multifamily450 1,303 - 1,753 181,453 183,206 696 183,902 
Commercial business1,214 47 - 1,261 96,604 97,865 1,439 99,304 
Consumer- - - - 870 870 - 870 
Manufactured homes241 28 - 269 23,368 23,637 71 23,708 
Government- - - - 12,298 12,298 - 12,298 
Total$13,669 $6,964 $- $20,633 $1,417,029 $1,437,662 $11,162 $1,448,824 
December 31, 2024
Residential real estate$4,423 $1,184 $- $5,607 $457,021 $462,628 $4,665 $467,293 
Home equity1,002 123 - 1,125 48,150 49,275 483 49,758 
Commercial real estate4,556 571 - 5,127 545,267 550,394 1,280 551,674 
Construction and land development2,039 - - 2,039 80,177 82,216 658 82,874 
Multifamily1,961 359 - 2,320 206,773 209,093 3,362 212,455 
Commercial business493 508 - 1,001 99,955 100,956 3,290 104,246 
Consumer5 - - 5 546 551 - 551 
Manufactured homes428 54 - 482 26,226 26,708 - 26,708 
Government- - - - 11,024 11,024 - 11,024 
Total$14,907 $2,799 $- $17,706 $1,475,139 $1,492,845 $13,738 $1,506,583 
Schedule of Financing Receivable Credit Quality Indicators
The following table shows the amortized cost of loans, segregated by portfolio segment, credit quality rating and year of origination as of December 31, 2025, and December 31, 2024, and gross charge-offs for the year ended December 31, 2025, and for the year ended December 31, 2024.
December 31, 202520252024202320222021PriorRevolvingRevolving
Converted to
Term		Total
Total Loans Receivable$132,738 $125,371 $125,504 $257,065 $260,859 $438,852 $106,883 $1,552 $1,448,824 
Total current period gross charge-off$(202)$- $(44)$- $(13)$(496)$- $- $(755)
Residential real estate
Pass (1-6)$12,570 $19,139 $26,559 $80,834 $93,636 $196,415 $2,477 $- $431,630 
Special Mention (7)- - 619 1,464 1,063 1,651 - - 4,797 
Substandard (8)296 74 887 1,475 430 2,854 - - 6,016 
Total$12,866 $19,213 $28,065 $83,773 $95,129 $200,920 $2,477 $- $442,443 
Current period gross charge-off- - - - (13)- - - (13)
Home equity
Pass (1-6)$766 $92 $41 $232 $49 $2,086 $47,926 $1,187 $52,379 
Special Mention (7)- - 7 - - 59 45 194 305 
Substandard (8)- 24 - - 20 181 417 171 813 
Total$766 $116 $48 $232 $69 $2,326 $48,388 $1,552 $53,497 
Current period gross charge-off- - - - - - - - - 
Commercial real estate
Pass (1-6)$58,029 $65,768 $62,929 $111,515 $78,531 $160,344 $3,717 $- $540,833 
Special Mention (7)25 410 2,214 2,865 3,403 4,283 - - 13,200 
Substandard (8)- - 208 221 - 1,132 - - 1,561 
Total$58,054 $66,178 $65,351 $114,601 $81,934 $165,759 $3,717 $- $555,594 
Current period gross charge-off- - - - - - - - - 
Construction and land development
Pass (1-6)$36,388 $19,226 $12,795 $2,288 $1,074 $753 $1,893 $- $74,417 
Special Mention (7)- - - 129 428 - - - 557 
Substandard (8)- - 939 60 1,235 - - - 2,234 
Total$36,388 $19,226 $13,734 $2,477 $2,737 $753 $1,893 $- $77,208 
Current period gross charge-off- - - - - - - - - 
Multifamily
Pass (1-6)$12,249 $6,289 $11,215 $44,804 $64,357 $40,791 $644 $- $180,349 
Special Mention (7)- - - 756 374 1,727 - - 2,857 
Substandard (8)- - 200 409 - 87 - - 696 
Total$12,249 $6,289 $11,415 $45,969 $64,731 $42,605 $644 $- $183,902 
Current period gross charge-off- - - - - (201)- - (201)
Commercial business
Pass (1-6)$6,601 $11,813 $5,661 $7,121 $4,595 $10,980 $48,326 $- $95,097 
Special Mention (7)299 61 260 62 18 737 1,331 - 2,768 
Substandard (8)- 87 898 34 124 189 107 - 1,439 
Total$6,900 $11,961 $6,819 $7,217 $4,737 $11,906 $49,764 $- $99,304 
Current period gross charge-off(158)- (44)- - (293)- - (495)
Consumer
Pass (1-6)$705 $58 $72 $19 $16 $- $- $- $870 
Total$705 $58 $72 $19 $16 $- $- $- $870 
Current period gross charge-off(44)- - - - (2)- - (46)
Manufactured homes
Pass (1-6)$- $- $- $1,733 $10,383 $11,493 $- $- $23,609 
Special Mention (7)- - - - - 28 - - $28 
Substandard (8)- - - - 46 25 - - 71 
Total$- $- $- $1,733 $10,429 $11,546 $- $- $23,708 
Current period gross charge-off- - - - - - - - - 
Government
Pass (1-6)$4,810 $2,330 $- $1,044 $1,077 $3,037 $- $- $12,298 
Total$4,810 $2,330 $- $1,044 $1,077 $3,037 $- $- $12,298 
Current period gross charge-off- - - - - - - - - 

December 31, 202420242023202220212020PriorRevolvingRevolving
Converted to
Term		Total
Total Loans Receivable$124,670 $143,098 $291,855 $308,352 $211,268 $324,738 $102,602 $- $1,506,583 
Total current period gross charge-off$(64)$- $(1,010)$(125)$(2)$(1,267)$- $- (2,468)
Residential real estate
Pass (1-6)$13,118 $30,947 $90,324 $99,390 $102,552 $119,449 $2,468 $- $458,248 
Special Mention (7)- 371 365 1,064 554 1,937 - - 4,291 
Substandard (8)- 539 1,161 601 510 1,943 - - 4,754 
Total$13,118 $31,857 $91,850 $101,055 $103,616 $123,329 $2,468 $- $467,293 
Current period gross charge-off- - - - - (28)- - (28)
Home equity
Pass (1-6)$193 $68 $153 $110 $- $3,342 $44,943 $- $48,809 
Special Mention (7)- 132 - - 3 15 309 - 459 
Substandard (8)26 - 138 - - 218 108 - 490 
Total$219 $200 $291 $110 $3 $3,575 $45,360 $- $49,758 
Current period gross charge-off- - - - - - - - - 
Commercial real estate
Pass (1-6)$49,861 $67,290 $123,342 $96,206 $53,864 $148,529 $2,976 $- $542,068 
Special Mention (7)974 - 1,036 2,375 668 2,930 25 - 8,008 
Substandard (8)- - - - 202 1,396 - - 1,598 
Total$50,835 $67,290 $124,378 $98,581 $54,734 $152,855 $3,001 $- $551,674 
Current period gross charge-off- - - - - - - - - 
Construction and land development
Pass (1-6)$34,599 $24,360 $3,732 $7,867 $224 $820 $5,312 $- $76,914 
Special Mention (7)- - - 1,207 2,468 - - - 3,675 
Substandard (8)- 1,018 - 1,267 - - - - 2,285 
Total$34,599 $25,378 $3,732 $10,341 $2,692 $820 $5,312 $- $82,874 
Current period gross charge-off- - - - - - - - - 
Multifamily
Pass (1-6)$6,398 $8,923 $56,771 $74,716 $36,075 $20,066 $627 $- $203,576 
Special Mention (7)- - 780 3,332 1,217 - - - 5,329 
Substandard (8)- - 446 1,219 1,516 369 - - 3,550 
Total$6,398 $8,923 $57,997 $79,267 $38,808 $20,435 $627 $- $212,455 
Current period gross charge-off- - - (125)- - - - (125)
Commercial business
Pass (1-6)$14,655 $8,123 $9,441 $6,094 $3,653 $11,416 $44,046 $- $97,428 
Special Mention (7)- 25 978 39 - 800 1,686 - 3,528 
Substandard (8)- 1,139 80 171 177 1,621 102 - 3,290 
Total$14,655 $9,287 $10,499 $6,304 $3,830 $13,837 $45,834 $- $104,246 
Current period gross charge-off- - (1,010)- - (1,239)- - (2,249)
Consumer
Pass (1-6)$301 $163 $34 $51 $- $2 $- $- $551 
Substandard (8)- - - - - - - - - 
Total$301 $163 $34 $51 $- $2 $- $- $551 
Current period gross charge-off(64)- - - (2)- - - (66)
Manufactured homes
Pass (1-6)$- $- $1,634 $11,360 $7,559 $6,101 $- $- $26,654 
Substandard (8)- - - 28 26 - - - 54 
Total$- $- $1,634 $11,388 $7,585 $6,101 $- $- $26,708 
Current period gross charge-off- - - - - - - - - 
Government
Pass (1-6)$4,545 $- $1,440 $1,255 $- $3,784 $- $- $11,024 
Total$4,545 $- $1,440 $1,255 $- $3,784 $- $- $11,024 
Current period gross charge-off- - - - - - - - - 
Schedule of Financing Receivable, Modified
The following tables show the amortized cost basis of loans at December 31, 2025 and December 31, 2024, that were both experiencing financial difficulty and modified during the years ended December 31, 2025 and December 31, 2024, segregated by portfolio segment and type of modification. The percentage of the amortized cost of loans that were modified to borrowers in financial distress as compared to the amortized cost of each segment of financing receivable is also presented below.
For the year ended December 31, 2025
(Dollars in thousands)Payment
Delay		Term
Extension		Interest
Rate
Reduction		Combination
Term Extension
and Interest Rate
Reduction		% of Total
Segment
Financing
Receivables
Residential real estate$- $601 $- $- 0.14%
Commercial real estate131 390 - - 0.09%
Construction and land development593 - - - 0.77%
Commercial business945 - - - 0.95%
Total$1,669 $991 $- $- 0.18%
For the year ended December 31, 2024
(Dollars in thousands)Payment
Delay		Term
Extension		Interest
Rate
Reduction		Combination
Term Extension
and Interest Rate
Reduction		% of Total
Segment
Financing
Receivables
Residential real estate$528 $1,115 $- $- 0.35%
Home Equity41 - - - 0.01%
Total$569 $1,115 $- $- 0.11%

The financial effects of payment delay modifications and term extension modifications had a forbearance average of five months and one hundred eighty-six months weighted average extension to life of loan, respectively. There were no commitments to lend additional amounts to the borrowers included in the previous tables.
The borrowers with term extension have had their maturity dates extended and as a result their monthly payments were reduced or had payments added to the end of the loan which resulted in payment relief.
For the year ended December 31, 2025
(Dollars in thousands)Principal ForgivenessWeighted average interest rate reductionWeighted average term extension (months)Payment delay
(months)
Residential real estate$- — %6-
Commercial real estate$- — %1805
Construction and land development$- — %-5
Commercial business$- — %-5
For the year ended December 31, 2024
(Dollars in thousands)Principal ForgivenessWeighted average interest rate reductionWeighted average term extension (months)Payment delay
(months)
Residential real estate$- — %76
The Company closely monitors the performance of loans that have been modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following tables present the performance of such loans in the twelve months following modification.
December 31, 2025
(Dollars in thousands)Current30-59 Days
Past Due		60-89 Days
 Past Due		Greater Than 90
Days Past Due
Residential real estate$582 $19 $- $- 
Commercial real estate390 - - 131 
Construction and land development- - - 593 
Commercial business- - - 945 
Total$972 $19 $- $1,669 
December 31, 2024
(Dollars in thousands)Current30-59 Days
Past Due		60-89 Days
 Past Due		Greater Than 90
Days Past Due
Residential real estate$545 $570 $- $528 
Home equity- - - 41 
Total$545 $570 $- $569 
Schedule of Accretable Yield from Financing Receivables
Accretable yield, or income recorded for the year ended December 31, is as follows:
(Dollars in thousands)Total
2024$799 
2025837 
Accretable yield, or income expected to be recorded in the future is as follows:
(Dollars in thousands)Total
2026438 
2027294 
2028277 
2029243 
2030 and thereafter2,275 
Total$3,527 
Schedule of Financing Receivable, Allowance for Credit Loss
The Company's activity in the allowance for credit losses, by loan segment, is summarized below for the year ended December 31, 2025:
(Dollars in thousands)Beginning BalanceCharge-offsRecoveriesProvisionsEnding Balance
Allowance for credit losses:
Residential real estate$4,481 $(13)$66 $(1,777)$2,757 
Home equity835 - - (147)688 
Commercial real estate6,444 - 4 2,704 9,152 
Construction and land development2,651 - - (1,537)1,114 
Multifamily1,003 (201)29 1,247 2,078 
Commercial business1,185 (495)460 433 1,583 
Consumer5 (46)9 34 2 
Manufactured homes252 - - (136)116 
Government55 - - (39)16 
Total$16,911 $(755)$568 $782 $17,506 
The Company's activity in the allowance for credit losses, by loan segment, is summarized below for the year ended December 31, 2024:
(Dollars in thousands)Beginning BalanceCharge-offsRecoveriesProvisionsEnding Balance
Allowance for credit losses:
Residential real estate$3,984 $(28)$44 $481 $4,481 
Home equity698 - - 137 835 
Commercial real estate7,045 - 5 (606)6,444 
Construction and land development4,206 - - (1,555)2,651 
Multifamily933 (125)31 164 1,003 
Commercial business1,649 (2,249)310 1,475 1,185 
Consumer7 (66)22 42 5 
Manufactured homes181 - - 71 252 
Government65 - - (10)55 
Total$18,768 $(2,468)$412 $199 $16,911 
Schedule of Collateral Dependent Loans
The table below presents the amortized cost basis of collateral dependent loans and the related allowance for credit losses in accordance with ASC 326..
(Dollars in thousands)December 31, 2025
Real EstateEquipment/InventoryAccounts ReceivableVehiclesTotalACL Allocation
Residential real estate$2,185 $- $- $- $2,185 $39 
Home equity4 - - - 4 - 
Commercial real estate1,561 - - - 1,561 86 
Construction and land development2,234 - - - 2,234 - 
Multifamily696 - - - 696 - 
Commercial business- 1,267 130 42 1,439 138 
Total$6,680 $1,267 $130 $42 $8,119 $263 
(Dollars in thousands)December 31, 2024
Real EstateEquipment/InventoryAccounts ReceivableVehiclesTotalACL Allocation
Residential real estate$3,012 $- $- $- $3,012 $50 
Home equity219 - - - 219 - 
Commercial real estate1,598 - - - 1,598 43 
Construction and land development2,285 - - - 2,285 - 
Multifamily3,550 - - - 3,550 - 
Commercial business712 1,399 1,428 144 3,683 191 
Total$11,376 $1,399 $1,428 $144 $14,347 $284 
Schedule of Financing Receivable, Nonaccrual
The following table presents nonaccrual loans and loans past due over 90 days still on accrual by class of loans:
As of December 31, 2025Nonaccrual with
No Allowance for
Credit Loss		Nonaccrual with
Allowance for
Credit Loss		Nonaccrual Loans
in Total		Loans Past Due
over 90 Days Still
Accruing
Residential real estate$1,873 $4,059 $5,932 $- 
Home equity- 810 810 - 
Commercial real estate1,158 403 1,561 - 
Construction and land development653 - 653 - 
Multifamily696 - 696 - 
Commercial business391 1,048 1,439 - 
Manufactured homes- 71 71 - 
Total$4,771 $6,391 $11,162 $- 
As of December 31, 2024Nonaccrual with
No Allowance for
Credit Loss		Nonaccrual with
Allowance for
Credit Loss		Nonaccrual Loans
in Total		Loans Past Due
over 90 Days Still
Accruing
Residential real estate$1,514 $3,150 $4,664 $- 
Home equity179 304 483 - 
Commercial real estate1,078 202 1,280 - 
Construction and land development659 - 659 - 
Multifamily3,362 - 3,362 - 
Commercial business3,099 191 3,290 - 
Total$9,891 $3,847 $13,738 $- 
Schedule of Changes in Liability for Credit Loss on Unfunded Commitments The following table shows the changes in the liability for credit losses on unfunded loan commitments.
(Dollars in thousands)Year ended,
December 31, 2025		Year ended,
December 31, 2024
Balance, beginning of period$2,739 $3,441 
Provision for (benefit from) unfunded loan commitments(987)(702)
Balance, end of period$1,752 $2,739