| Fair Value, by Balance Sheet Grouping [Table Text Block] |
| |
|
|
|
|
|
|
|
|
|
Hierarchy
|
|
|
(in thousands)
|
|
Carrying
|
|
|
Fair
|
|
|
Valuation
|
|
| |
|
Amount
|
|
|
Value
|
|
|
Level
|
|
|
Financial assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$ |
198,860 |
|
|
$ |
198,860 |
|
|
|
1 |
|
|
Restricted equity securities
|
|
|
7,061 |
|
|
|
7,061 |
|
|
|
2 |
|
|
Loans, net
|
|
|
1,096,549 |
|
|
|
1,042,820 |
|
|
|
3 |
|
|
Interest receivable
|
|
|
8,648 |
|
|
|
8,648 |
|
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits
|
|
|
(1,711,241 |
)
|
|
|
(1,710,923 |
)
|
|
|
3 |
|
|
Interest payable
|
|
|
(242 |
)
|
|
|
(242 |
)
|
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Off-balance-sheet liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commitments and standby letters of credit
|
|
|
|
|
|
|
(2,049 |
)
|
|
|
3 |
|
| |
|
|
|
|
|
|
|
|
|
Hierarchy
|
|
|
(in thousands)
|
|
Carrying
|
|
|
Fair
|
|
|
Valuation
|
|
| |
|
Amount
|
|
|
Value
|
|
|
Level
|
|
|
Financial assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
|
$ |
168,751 |
|
|
$ |
168,751 |
|
|
|
1 |
|
|
Restricted equity securities
|
|
|
6,285 |
|
|
|
6,285 |
|
|
|
2 |
|
|
Loans, net
|
|
|
1,093,514 |
|
|
|
1,037,104 |
|
|
|
3 |
|
|
Interest receivable
|
|
|
8,559 |
|
|
|
8,559 |
|
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits
|
|
|
(1,695,690 |
)
|
|
|
(1,695,342 |
)
|
|
|
3 |
|
|
Interest payable
|
|
|
(241 |
)
|
|
|
(241 |
)
|
|
|
2 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
Off-balance-sheet assets (liabilities):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commitments and standby letters of credit
|
|
|
|
|
|
|
(1,858 |
)
|
|
|
3 |
|
|
| Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] |
| |
|
Fair Value Measurements as of June 30, 2025 Using
|
|
|
(in thousands)
|
|
June 30, 2025
|
|
|
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
|
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
|
Significant
Unobservable
Inputs
(Level 3)
|
|
|
Assets and liabilities measured on a recurring basis:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. agencies
|
|
$ |
80,990 |
|
|
$ |
0 |
|
|
$ |
80,990 |
|
|
$ |
0 |
|
|
Collateralized mortgage obligations
|
|
|
25,727 |
|
|
|
0 |
|
|
|
25,727 |
|
|
|
0 |
|
|
Municipalities
|
|
|
310,591 |
|
|
|
0 |
|
|
|
310,591 |
|
|
|
0 |
|
|
SBA pools
|
|
|
763 |
|
|
|
0 |
|
|
|
763 |
|
|
|
0 |
|
|
Corporate debt
|
|
|
41,725 |
|
|
|
0 |
|
|
|
41,725 |
|
|
|
0 |
|
|
Asset-backed securities
|
|
|
43,551 |
|
|
|
0 |
|
|
|
43,551 |
|
|
|
0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity Securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mutual fund
|
|
$ |
3,292 |
|
|
$ |
3,292 |
|
|
$ |
0 |
|
|
$ |
0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets and liabilities measured on a non-recurring basis:
|
|
|
N/A |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Fair Value Measurements at December 31, 2024 Using
|
|
|
(in thousands)
|
|
December 31,
2024
|
|
|
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
|
|
|
Significant
Other
Observable
Inputs
(Level 2)
|
|
|
Significant
Unobservable
Inputs
(Level 3)
|
|
|
Assets and liabilities measured on a recurring basis:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. agencies
|
|
$ |
87,074 |
|
|
$ |
0 |
|
|
$ |
87,074 |
|
|
$ |
0 |
|
|
Collateralized mortgage obligations
|
|
|
28,499 |
|
|
|
0 |
|
|
|
28,499 |
|
|
|
0 |
|
|
Municipalities
|
|
|
322,492 |
|
|
|
0 |
|
|
|
322,492 |
|
|
|
0 |
|
|
SBA pools
|
|
|
879 |
|
|
|
0 |
|
|
|
879 |
|
|
|
0 |
|
|
Corporate debt
|
|
|
41,212 |
|
|
|
0 |
|
|
|
41,212 |
|
|
|
0 |
|
|
Asset backed securities
|
|
|
46,340 |
|
|
|
0 |
|
|
|
46,340 |
|
|
|
0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity Securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mutual fund
|
|
$ |
3,169 |
|
|
$ |
3,169 |
|
|
$ |
0 |
|
|
$ |
0 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets and liabilities measured on a non-recurring basis:
|
|
|
N/A |
|
|
|
|
|
|
|
|
|
|
|
|
|
|