Assets carried at fair value on a recurring basis |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Quoted Prices in | | Significant Other | | Significant | | Total Carried | | | Active Markets for | | Observable | | Unobservable | | at Fair | | | Identical Assets | | Inputs | | Inputs | | Value on a | | | (Level 1) | | (Level 2) | | (Level 3) | | Recurring Basis | | | June 30, | | December 31, | | June 30, | | December 31, | | June 30, | | December 31, | | June 30, | | December 31, | Description | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | Assets: | | | | | | | | | | | | | | | | | | | | | | | | | Marketable equity securities: | | | | | | | | | | | | | | | | | | | | | | | | | Mutual funds | | $ | 25,345 | | $ | 21,994 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 25,345 | | $ | 21,994 | Total assets | | $ | 25,345 | | $ | 21,994 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 25,345 | | $ | 21,994 |
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Assets carried at fair value on a non-recurring basis |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Quoted Prices in | | Significant Other | | Significant | | Total Carried | | | Active Markets for | | Observable | | Unobservable | | at Fair | | | Identical Assets | | Inputs | | Inputs | | Value on a | | | (Level 1) | | (Level 2) | | (Level 3) | | Non-Recurring Basis | | | June 30, | | December 31, | | June 30, | | December 31, | | June 30, | | December 31, | | June 30, | | December 31, | Description | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | 2025 | | 2024 | | | | (In Thousands) | Assets: | | | | | | | | | | | | | | | | | | | | | | | | | Real estate owned | | $ | — | | | — | | $ | — | | $ | — | | $ | 767 | | $ | 5,120 | | $ | 767 | | $ | 5,120 | Total assets | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 767 | | $ | 5,120 | | $ | 767 | | $ | 5,120 |
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Schedule of carrying amounts and estimated fair value of our financial instruments |
| | | | | | | | | | | | | | | | | | | | | | | | Fair Value at June 30, 2025 | | | | | | | | | Quoted | | | | | | | | | | | | | | | Prices in | | | | | | | | | | | | | | | Active | | Significant | | | | | | | | | | | Markets for | | Other | | Significant | | | | | | | | Identical | | Observable | | Unobservable | | | Carrying | | | | | Assets | | Inputs | | Inputs | (In thousands) | | Amount | | Fair Value | | (Level 1) | | (Level 2) | | (Level 3) | Financial Assets | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 59,373 | | $ | 59,373 | | $ | 59,373 | | $ | — | | $ | — | Certificates of deposit | | | 100 | | | 100 | | | — | | | 100 | | | — | Marketable equity securities | | | 25,345 | | | 25,345 | | | 25,345 | | | — | | | — | Securities held to maturity | | | 14,398 | | | 11,594 | | | — | | | 11,594 | | | — | Loans receivable, net | | | 1,792,832 | | | 1,786,972 | | | — | | | — | | | 1,786,972 | Investments in restricted stock | | | 1,085 | | | 1,085 | | | — | | | 1,085 | | | — | Accrued interest receivable | | | 12,119 | | | 12,119 | | | — | | | 12,119 | | | — | Financial Liabilities | | | | | | | | | | | | | | | | Deposits | | | 1,479,161 | | | 1,479,292 | | | — | | | 1,479,292 | | | — | Borrowings | | | 135,000 | | | 135,258 | | | 135,258 | | | — | | | — |
| | | | | | | | | | | | | | | | | | | | | | | | Fair Value at December 31, 2024 | | | | | | | | | Quoted | | | | | | | | | | | | | | | Prices in | | | | | | | | | | | | | | | Active | | Significant | | | | | | | | | | | Markets for | | Other | | Significant | | | | | | | | Identical | | Observable | | Unobservable | | | Carrying | | | | | Assets | | Inputs | | Inputs | (In thousands) | | Amount | | Fair Value | | (Level 1) | | (Level 2) | | (Level 3) | Financial Assets | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 78,259 | | $ | 78,259 | | $ | 78,259 | | $ | — | | $ | — | Certificates of deposit | | | 100 | | | 100 | | | — | | | 100 | | | — | Marketable equity securities | | | 21,994 | | | 21,994 | | | 21,994 | | | — | | | — | Securities held to maturity | | | 14,616 | | | 11,858 | | | — | | | 11,858 | | | — | Loans receivable | | | 1,807,768 | | | 1,801,607 | | | — | | | — | | | 1,801,607 | Investments in restricted stock | | | 397 | | | 397 | | | — | | | 397 | | | — | Accrued interest receivable | | | 13,481 | | | 13,481 | | | — | | | 13,481 | | | — | Financial Liabilities | | | | | | | | | | | | | | | | Deposits | | | 1,670,375 | | | 1,674,376 | | | — | | | 1,674,376 | | | — |
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