LOANS AND ALLOWANCE FOR CREDIT LOSSES (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| LOANS AND ALLOWANCE FOR CREDIT LOSSES |
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| Summary of outstanding loan balances by loan class prior to allocation of net deferred fees and costs |
| | | | | | | (Dollars in thousands) | | June 30, | | December 31, | | | 2025 | | 2024 | Real Estate | | $ | 864,608 | | $ | 850,656 | Agricultural | | | 1,108 | | | 936 | Commercial and Industrial | | | 64,908 | | | 66,706 | Consumer | | | 6,295 | | | 6,390 | State and Political Subdivisions | | | 22,016 | | | 22,138 | Subtotal: Total Loans | | | 958,935 | | | 946,826 | Net Deferred Fees and Costs | | | 731 | | | 888 | Subtotal: Total Loans Held for Investment | | | 959,666 | | | 947,714 | Loans Held for Sale | | | 104 | | | 737 | Allowance for Credit Losses | | | (7,762) | | | (7,672) | Net Loans | | $ | 952,008 | | $ | 940,779 |
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| Schedule of classes of the loan portfolio summarized by risk rating |
| | | | | | | | | | | | | | | June 30, 2025: | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 55,826 | | 101,839 | | 109,427 | | 156,716 | | 114,665 | | 299,225 | $ | 837,698 | 7 Special Mention | | 743 | | — | | — | | 62 | | 225 | | 1,201 | | 2,231 | 8 Substandard | | — | | — | | — | | 4,574 | | 548 | | 19,557 | | 24,679 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Real Estate Loans | $ | 56,569 | $ | 101,839 | $ | 109,427 | $ | 161,352 | $ | 115,438 | $ | 319,983 | $ | 864,608 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Agricultural: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 28 | | 231 | | 165 | | 33 | | — | | 651 | $ | 1,108 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | — | | — | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Agricultural Loans | $ | 28 | $ | 231 | $ | 165 | $ | 33 | $ | — | $ | 651 | $ | 1,108 | | | | | | | | | | | | | | | | Commercial and Industrial: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 3,981 | | 7,553 | | 16,506 | | 7,087 | | 3,895 | | 25,852 | $ | 64,874 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | 27 | | — | | — | | 7 | | 34 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Commercial and
Industrial Loans | $ | 3,981 | $ | 7,553 | $ | 16,533 | $ | 7,087 | $ | 3,895 | $ | 25,859 | $ | 64,908 | | | | | | | | | | | | | | | | Consumer: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 1,298 | | 2,361 | | 914 | | 507 | | 441 | | 764 | $ | 6,285 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | 10 | | 10 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Consumer Loans | $ | 1,298 | $ | 2,361 | $ | 914 | $ | 507 | $ | 441 | $ | 774 | $ | 6,295 | | | | | | | | | | | | | | | | State and Political Subdivisions: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 67 | | — | | 1,201 | | 2,739 | | 13,338 | | 4,671 | $ | 22,016 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | — | | — | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total State and Political Subdivision Loans | $ | 67 | $ | — | $ | 1,201 | $ | 2,739 | $ | 13,338 | $ | 4,671 | $ | 22,016 | | | | | | | | | | | | | | | | Total Loans: | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | 1-6 Pass | $ | 61,200 | $ | 111,984 | $ | 128,213 | $ | 167,082 | $ | 132,339 | $ | 331,163 | $ | 931,981 | 7 Special Mention | | 743 | | — | | — | | 62 | | 225 | | 1,201 | | 2,231 | 8 Substandard | | — | | — | | 27 | | 4,574 | | 548 | | 19,574 | | 24,723 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Loans | $ | 61,943 | $ | 111,984 | $ | 128,240 | $ | 171,718 | $ | 133,112 | $ | 351,938 | $ | 958,935 | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | Gross Charge Offs: | | | | | | | | | | | | | | | Real Estate | $ | — | | — | | 10 | | — | | — | | 7 | $ | 17 | Agricultural | | — | | — | | — | | — | | — | | — | | — | Commercial and Industrial | | — | | — | | 406 | | — | | — | | — | | 406 | Consumer | | — | | — | | 7 | | — | | 2 | | 9 | | 18 | State and Political Subdivisions | | — | | — | | — | | — | | — | | — | | — | Total Gross Charge Offs | $ | — | $ | — | $ | 423 | $ | — | $ | 2 | $ | 16 | $ | 441 | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | As of December 31, 2024: | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | 103,734 | | 114,225 | | 167,282 | | 119,406 | | 101,748 | | 216,890 | $ | 823,285 | 7 Special Mention | | — | | — | | 76 | | 225 | | — | | 1,239 | | 1,540 | 8 Substandard | | — | | — | | 4,529 | | 568 | | 4,093 | | 16,641 | | 25,831 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Real Estate Loans | $ | 103,734 | $ | 114,225 | $ | 171,887 | $ | 120,199 | $ | 105,841 | $ | 234,770 | $ | 850,656 | | | | | | | | | | | | | | | | Agricultural: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | 59 | | 223 | | 43 | | — | | — | | 611 | $ | 936 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | — | | — | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Agricultural Loans | $ | 59 | $ | 223 | $ | 43 | $ | — | $ | — | $ | 611 | $ | 936 | | | | | | | | | | | | | | | | Commercial and Industrial: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | 8,481 | | 16,252 | | 8,888 | | 4,544 | | 3,086 | | 24,998 | $ | 66,249 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | 420 | | — | | — | | 12 | | 25 | | 457 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Commercial and
Industrial Loans | $ | 8,481 | $ | 16,672 | $ | 8,888 | $ | 4,544 | $ | 3,098 | $ | 25,023 | $ | 66,706 | | | | | | | | | | | | | | | | Consumer: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | 2,962 | | 1,292 | | 718 | | 577 | | 71 | | 764 | $ | 6,384 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | 6 | | 6 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Consumer Loans | $ | 2,962 | $ | 1,292 | $ | 718 | $ | 577 | $ | 71 | $ | 770 | $ | 6,390 | | | | | | | | | | | | | | | | State and Political Subdivisions: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | — | | 1,232 | | 2,739 | | 13,338 | | — | | 4,829 | $ | 22,138 | 7 Special Mention | | — | | — | | — | | — | | — | | — | | — | 8 Substandard | | — | | — | | — | | — | | — | | — | | — | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total State and Political Subdivision Loans | $ | — | $ | 1,232 | $ | 2,739 | $ | 13,338 | $ | — | $ | 4,829 | $ | 22,138 | | | | | | | | | | | | | | | | Total Loans: | | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | 1-6 Pass | $ | 115,236 | $ | 133,224 | $ | 179,670 | $ | 137,865 | $ | 104,905 | $ | 248,092 | $ | 918,992 | 7 Special Mention | | — | | — | | 76 | | 225 | | — | | 1,239 | | 1,540 | 8 Substandard | | — | | 420 | | 4,529 | | 568 | | 4,105 | | 16,672 | | 26,294 | 9 Doubtful | | — | | — | | — | | — | | — | | — | | — | Total Loans | $ | 115,236 | $ | 133,644 | $ | 184,275 | $ | 138,658 | $ | 109,010 | $ | 266,003 | $ | 946,826 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | 2024 | | 2023 | | 2022 | | 2021 | | 2020 | | Prior | | Total | Gross Charge Offs: | | | | | | | | | | | | | | | Real Estate | $ | — | | — | | — | | — | | — | | 345 | $ | 345 | Agricultural | | — | | — | | — | | — | | — | | — | | — | Commercial and Industrial | | — | | — | | — | | 20 | | — | | 504 | | 524 | Consumer | | — | | 15 | | 29 | | 11 | | 8 | | 6 | | 69 | State and Political Subdivisions | | — | | — | | — | | — | | — | | — | | — | Total Gross Charge Offs | $ | — | $ | 15 | $ | 29 | $ | 31 | $ | 8 | $ | 855 | $ | 938 | | | | | | | | | | | | | | | |
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| Schedule of loans individually or collectively evaluated for their impairment and related allowance, by loan class |
| | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | State and | | | | | Real | | | | Commercial | | | | Political | | | | | Estate | | Agricultural | | and Industrial | | Consumer | | Subdivisions | | Total | As of and for the three months ended June 30, 2025: | | | | | | | | | | | | | | | | | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 7,572 | | $ | 2 | | $ | 341 | | $ | 94 | | $ | 59 | | $ | 8,068 | Charge-offs | | (17) | | | — | | | (45) | | | (8) | | | — | | | (70) | Recoveries | | — | | | — | | | 1 | | | — | | | — | | | 1 | (Release of) Provision for Credit Losses | | (262) | | | 1 | | | 32 | | | (2) | | | (6) | | | (237) | Ending Balance | $ | 7,293 | | $ | 3 | | $ | 329 | | $ | 84 | | $ | 53 | | $ | 7,762 |
| | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | State and | | | | | Real | | | | Commercial | | | | Political | | | | | Estate | | Agricultural | | and Industrial | | Consumer | | Subdivisions | | Total | As of and for the six months ended June 30, 2025: | | | | | | | | | | | | | | | | | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | Beginning balance January 1, 2025 | $ | 7,215 | | $ | 2 | | $ | 313 | | $ | 98 | | $ | 44 | | $ | 7,672 | Charge-offs | | (17) | | | — | | | (406) | | | (18) | | | — | | | (441) | Recoveries | | — | | | — | | | 16 | | | 1 | | | — | | | 17 | Provision for Credit Losses | | 95 | | | 1 | | | 406 | | | 3 | | | 9 | | | 514 | Ending Balance | $ | 7,293 | | $ | 3 | | $ | 329 | | $ | 84 | | $ | 53 | | $ | 7,762 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 7,293 | | $ | 3 | | $ | 329 | | $ | 84 | | $ | 53 | | $ | 7,762 | | | | | | | | | | | | | | | | | | | Reserve for Unfunded Lending Commitments | $ | 75 | | $ | — | | $ | 20 | | $ | 2 | | $ | — | | $ | 97 | | | | | | | | | | | | | | | | | | | Loans Held for Investment: | | | | | | | | | | | | | | | | | | Ending Balance | $ | 864,608 | | $ | 1,108 | | $ | 64,908 | | $ | 6,295 | | $ | 22,016 | | $ | 958,935 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 4,190 | | $ | 309 | | $ | 28 | | $ | — | | $ | — | | $ | 4,527 | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 860,418 | | $ | 799 | | $ | 64,880 | | $ | 6,295 | | $ | 22,016 | | $ | 954,408 |
| | | | | | | | | | | | | | | | | | (Dollars in thousands) | Real | | | | Commercial | | | | | | Political | | | | | Estate | | Agricultural | | and Industrial | | Consumer | | Subdivisions | | Total | As of and for the three months ended June 30, 2024: | | | | | | | | | | | | | | | | | | Allowance for Loan Losses: | | | | | | | | | | | | | | | | | | Beginning balance | $ | 6,725 | | $ | 1 | | $ | 322 | | $ | 85 | | $ | 63 | | $ | 7,196 | Charge-offs | | — | | | — | | | — | | | (21) | | | — | | | (21) | Recoveries | | 1 | | | — | | | 1 | | | — | | | — | | | 2 | Provision for Credit Losses | | 480 | | | 1 | | | 2 | | | 27 | | | — | | | 510 | Ending Balance | $ | 7,206 | | $ | 2 | | $ | 325 | | $ | 91 | | $ | 63 | | $ | 7,687 |
| | | | | | | | | | | | | | | | | | (Dollars in thousands) | Real | | | | Commercial | | | | Political | | | | | Estate | | Agricultural | | and Industrial | | Consumer | | Subdivisions | | Total | As of and for the six months ended June 30, 2024: | | | | | | | | | | | | | | | | | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | Beginning balance January 1, 2024 | | 6,539 | | | 1 | | | 265 | | | 78 | | | 42 | | | 6,925 | Charge-offs | | — | | | — | | | — | | | (33) | | | — | | | (33) | Recoveries | | 19 | | | — | | | 1 | | | 1 | | | — | | | 21 | Provision for Credit Losses | | 648 | | | 1 | | | 59 | | | 45 | | | 21 | | | 774 | Ending Balance | $ | 7,206 | | $ | 2 | | $ | 325 | | $ | 91 | | $ | 63 | | $ | 7,687 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 7,206 | | $ | 2 | | $ | 325 | | $ | 91 | | $ | 63 | | $ | 7,687 | | | | | | | | | | | | | | | | | | | Reserve for Unfunded Lending Commitments | $ | 159 | | $ | — | | $ | 36 | | $ | — | | $ | 1 | | $ | 196 | | | | | | | | | | | | | | | | | | | Loans Held for Investment: | | | | | | | | | | | | | | | | | | Ending Balance | $ | 823,344 | | $ | 987 | | $ | 64,543 | | $ | 6,181 | | $ | 26,069 | | $ | 921,124 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 3,993 | | $ | 309 | | $ | 611 | | $ | — | | $ | — | | $ | 4,913 | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 819,351 | | $ | 678 | | $ | 63,932 | | $ | 6,181 | | $ | 26,069 | | $ | 916,211 |
| | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | State and | | | | | Real | | | | Commercial | | | | Political | | | | | Estate | | Agricultural | | and Industrial | | Consumer | | Subdivisions | | Total | As of and for the year ended December 31, 2024: | | | | | | | | | | | | | | | | | Allowance for Credit Losses: | | | | | | | | | | | | | | | | | | Beginning balance January 1, 2024 | | 6,539 | | | 1 | | | 265 | | | 78 | | | 42 | | | 6,925 | Charge-offs | | (345) | | | — | | | (524) | | | (69) | | | — | | | (938) | Recoveries | | 21 | | | — | | | 19 | | | 5 | | | — | | | 45 | Provision for Credit Losses | | 1,000 | | | 1 | | | 553 | | | 84 | | | 2 | | | 1,640 | Ending Balance | $ | 7,215 | | $ | 2 | | $ | 313 | | $ | 98 | | $ | 44 | | $ | 7,672 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 7,215 | | $ | 2 | | $ | 313 | | $ | 98 | | $ | 44 | | $ | 7,672 | | | | | | | | | | | | | | | | | | | Reserve for Unfunded Lending Commitments | $ | 85 | | $ | — | | $ | 17 | | $ | — | | $ | — | | $ | 102 | | | | | | | | | | | | | | | | | | | Loans Held for Investment: | | | | | | | | | | | | | | | | | | Ending Balance | $ | 850,656 | | $ | 936 | | $ | 66,706 | | $ | 6,390 | | $ | 22,138 | | $ | 946,826 | Ending balance: individually | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 4,214 | | $ | 309 | | $ | — | | $ | — | | $ | — | | $ | 4,523 | Ending balance: collectively | | | | | | | | | | | | | | | | | | evaluated for impairment | $ | 846,442 | | $ | 627 | | $ | 66,706 | | $ | 6,390 | | $ | 22,138 | | $ | 942,303 |
The Company's activity in the allowance for credit losses on unfunded commitments for the six months ended June 30, 2025 and 2024 was as follows: | | | | | | | (Dollars in thousands) | | | | | | | 2025 | | 2024 | Balance at January 1 | | $ | 102 | | $ | 166 | (Release of) provision for credit losses on unfunded commitments | | | (5) | | | 30 | Balance at June 30 | | $ | 97 | | $ | 196 |
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| Schedule of the outstanding recorded investment of TDRs |
| | | | | | | (Dollars in thousands) | | | | | | | | June 30, 2025 | Modifications of Loans to Borrowers Experiencing Financial Difficulty: | | | | | | Recorded Investment | | Number of | | Recorded | | % of Loan | | Contracts | | Investment | | Segment | Real Estate: | | | | | | | Non-Accrual | — | | $ | — | | 0.00% | Accruing | 1 | | | 107 | | 0.01% | Subtotal - Real Estate: | 1 | | | 107 | | 0.01% | | | | | | | | Total | 1 | | $ | 107 | | 0.01% | | | | | | | | (Dollars in thousands) | | | | | | | | December 31, 2024 | Modifications of Loans to Borrowers Experiencing Financial Difficulty: | | | | | | Recorded Investment | | Number of | | Recorded | | % of Loan | | Contracts | | Investment | | Segment | Real Estate: | | | | | | | Non-Accrual | — | | $ | — | | 0.00% | Accruing | 3 | | | 10,019 | | 1.18% | Subtotal - Real Estate: | 3 | | | 10,019 | | 1.18% | | | | | | | | Commercial and Industrial: | | | | | | | Non-Accrual | — | | $ | — | | 0.00% | Accruing | 1 | | | 174 | | 0.26% | Subtotal - Commercial and Industrial: | 1 | | | 174 | | 0.26% | | | | | | | | Total | 4 | | $ | 10,193 | | 1.08% |
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| Schedule of the loan modifications categorized as TDRs |
| | | | | | | | | | | | (Dollars in thousands) | | For the Three Months Ended June 30, 2025 | | | | | Pre-Modification | | Post-Modification | | | | | | | | Outstanding | | Outstanding | | | | | | Number of | | Recorded | | Recorded | | Recorded | | | Contracts | | Investment | | Investment | | Investment | Real Estate | | 1 | | $ | 107 | | $ | 107 | | $ | 107 | Total | | 1 | | $ | 107 | | $ | 107 | | $ | 107 |
| | | | | | | | | | | | (Dollars in thousands) | | For the Six Months Ended June 30, 2025 | | | | | Pre-Modification | | Post-Modification | | | | | | | | Outstanding | | Outstanding | | | | | | Number of | | Recorded | | Recorded | | Recorded | | | Contracts | | Investment | | Investment | | Investment | Real Estate | | 1 | | $ | 107 | | $ | 107 | | $ | 107 | Total | | 1 | | $ | 107 | | $ | 107 | | $ | 107 | | | | | | | | | | | | |
| | | | | | | | | | | | (Dollars in thousands) | | For the Six Months Ended June 30, 2024 | | | | | Pre-Modification | | Post-Modification | | | | | | | | Outstanding | | Outstanding | | | | | | Number of | | Recorded | | Recorded | | Recorded | | | Contracts | | Investment | | Investment | | Investment | Real Estate | | 1 | | $ | 9,455 | | $ | 9,455 | | $ | 9,455 | Total | | 1 | | $ | 9,455 | | $ | 9,455 | | $ | 9,455 | | | | | | | | | | | | |
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| Schedule of loan modifications made for loans categorized as TDRs |
| | | | | | | | | | | | | For the Three Months Ended June 30, 2025 | | | Rate | | Term | | Payment | | Release of | | Number | | | Modification | | Modification | | Modification | | Collateral | | Modified | Real Estate | | — | | — | | 1 | | — | | 1 | Total | | — | | — | | 1 | | — | | 1 |
| | | | | | | | | | | | | | | | | | | | | | | | For the Six Months Ended June 30, 2025 | | | Rate | | Term | | Payment | | Release of | | Number | | | Modification | | Modification | | Modification | | Collateral | | Modified | Real Estate | | — | | — | | 1 | | — | | 1 | Total | | — | | — | | 1 | | — | | 1 | | | | | | | | | | | |
| | | | | | | | | | | | | For the Six Months Ended June 30, 2024 | | | Rate | | Term | | Payment | | Release of | | Number | | | Modification | | Modification | | Modification | | Collateral | | Modified | Real Estate | | — | | — | | 1 | | — | | 1 | Total | | — | | — | | 1 | | — | | 1 | | | | | | | | | | | | | | | | | | | | | | |
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| Schedule of average recorded investment, unpaid principal balance, and the related allowance of the company's non-accrual loans |
| | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | June 30, 2025 | | | Recorded | | Recorded | | | | | Unpaid | | Unpaid | | | | | | | | | Investment | | Investment | | | | | Principal | | Principal | | Total | | | | | | | With | | With No | | Total | | | Balance With | | Balance With | | Unpaid | | | | | | | Related | | Related | | Recorded | | | Related | | No Related | | Principal | | | Related | | | Allowance | | Allowance | | Investment | | | Allowance | | Allowance | | Balance | | | Allowance | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate | | $ | — | | $ | 4,190 | | $ | 4,190 | | | $ | — | | $ | 6,180 | | $ | 6,180 | | | $ | — | Commercial and Industrial | | | — | | | 28 | | | 28 | | | | — | | | 189 | | | 189 | | | | — | Total | | $ | — | | $ | 4,218 | | $ | 4,218 | | | $ | — | | $ | 6,369 | | $ | 6,369 | | | $ | — |
| | | | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | December 31, 2024 | | | Recorded | | Recorded | | | | | Unpaid | | Unpaid | | | | | | | | | Investment | | Investment | | | | | Principal | | Principal | | Total | | | | | | | With | | With No | | Total | | | Balance With | | Balance With | | Unpaid | | | | | | | Related | | Related | | Recorded | | | Related | | No Related | | Principal | | | Related | | | Allowance | | Allowance | | Investment | | | Allowance | | Allowance | | Balance | | | Allowance | | | | | | | | | | | | | | | | | | | | | | | | | Real Estate | | $ | — | | $ | 4,214 | | $ | 4,214 | | | $ | — | | $ | 6,203 | | $ | 6,203 | | | $ | — | Total | | $ | — | | $ | 4,214 | | $ | 4,214 | | | $ | — | | $ | 6,203 | | $ | 6,203 | | | $ | — |
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| Schedule of financial receivables that are collateral-dependent loans |
| | | | | | | (Dollars in thousands) | | | | | | | June 30, 2025 | Loan Segment/Collateral Type | Real Estate | | Other | Real Estate: | | | | | | | 1-4 Family Real Estate | | $ | 332 | | $ | — | Multifamily Real Estate | | | 3,044 | | | — | Owner Occupied, Non-Farm, Non-Residential Real Estate | | | 814 | | | — | Subtotal - Real Estate: | | | 4,190 | | | — | | | | | | | | Agricultural: | | | | | | | Stock | | $ | — | | $ | 309 | Subtotal - Agricultural: | | | — | | | 309 | | | | | | | | Commercial and Industrial: | | | | | | | Business Assets | | $ | — | | $ | 28 | Subtotal - Commercial and Industrial: | | | — | | | 28 | | | | | | | |
Total | | $ | 4,190 | | $ | 337 | (Dollars in thousands) | | | | | | | December 31, 2024 | Loan Segment/Collateral Type | Real Estate | | Other | Real Estate: | | | | | | | 1-4 Family Real Estate | | $ | 247 | | $ | — | Multifamily Real Estate | | | 3,044 | | | — | Owner Occupied, Non-Farm, Non-Residential Real Estate | | | 923 | | | — | Subtotal - Real Estate: | | | 4,214 | | | — | | | | | | | | Agricultural: | | | | | | | Stock | | $ | — | | $ | 309 | Subtotal - Agricultural: | | | — | | | 309 | | | | | | | | Total | | $ | 4,214 | | $ | 309 |
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| Schedule of total non-performing assets |
| | | | | | | (Dollars in thousands) | | June 30, | | December 31, | | | 2025 | | 2024 | Real Estate | | $ | 4,190 | | $ | 4,214 | Agricultural | | | — | | | — | Commercial and Industrial | | | 28 | | | — | Consumer | | | — | | | — | State and Political Subdivisions | | | — | | | — | Total non-accrual loans | | | 4,218 | | | 4,214 | Foreclosed assets held for resale | | | — | | | — | Loans past-due 90 days or more and still accruing interest | | | 621 | | | 756 | Total non-performing assets | | $ | 4,839 | | $ | 4,970 |
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| Schedule of the classes of the loan portfolio, including non-accrual loans and TDRs, summarized by past-due status |
| | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | 90 Days | | | | | | | | | | | | | | | | | | | | | Or Greater | | | | | | | | | | | | | | | | | | | | | Past Due | | | | | | | | | 90 Days | | | | | | Current- | | | | | and Still | | | 30-59 Days | | 60-89 Days | | or Greater | | Total | | | 29 Days | | Total | | Accruing | | | Past Due | | Past Due | | Past Due | | Past Due | | Past Due | | Loans | | Interest | June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | Real Estate | | $ | 3,372 | | $ | 1,219 | | $ | 4,811 | | $ | 9,402 | | $ | 855,206 | | $ | 864,608 | | $ | 621 | Agricultural | | | — | | | — | | | — | | | — | | | 1,108 | | | 1,108 | | | — | Commercial and Industrial | | | 124 | | | 130 | | | 28 | | | 282 | | | 64,626 | | | 64,908 | | | — | Consumer | | | 11 | | | — | | | — | | | 11 | | | 6,284 | | | 6,295 | | | — | State and Political Subdivisions | | | — | | | — | | | — | | | — | | | 22,016 | | | 22,016 | | | — | Total | | $ | 3,507 | | $ | 1,349 | | $ | 4,839 | | $ | 9,695 | | $ | 949,240 | | $ | 958,935 | | $ | 621 |
| | | | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | 90 Days | | | | | | | | | | | | | | | | | | | | | Or Greater | | | | | | | | | | | | | | | | | | | | | Past Due | | | | | | | | | 90 Days | | | | | | Current- | | | | | and Still | | | 30-59 Days | | 60-89 Days | | or Greater | | Total | | | 29 Days | | Total | | Accruing | | | Past Due | | Past Due | | Past Due | | Past Due | | Past Due | | Loans | | Interest | December 31, 2024: | | | | | | | | | | | | | | | | | | | | | | Real Estate | | $ | 4,247 | | $ | 221 | | $ | 4,970 | | $ | 9,438 | | $ | 841,218 | | $ | 850,656 | | $ | 756 | Agricultural | | | — | | | — | | | — | | | — | | | 936 | | | 936 | | | — | Commercial and Industrial | | | 378 | | | — | | | — | | | 378 | | | 66,328 | | | 66,706 | | | — | Consumer | | | 11 | | | 2 | | | — | | | 13 | | | 6,377 | | | 6,390 | | | — | State and Political Subdivisions | | | — | | | — | | | — | | | — | | | 22,138 | | | 22,138 | | | — | Total | | $ | 4,636 | | $ | 223 | | $ | 4,970 | | $ | 9,829 | | $ | 936,997 | | $ | 946,826 | | $ | 756 |
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