v3.25.3
Deferred Income Taxes (Notes)
 9 Months Ended
Sep. 30, 2025
Components of Deferred Tax Assets and Liabilities [Abstract]  
Deferred Income Taxes [Text Block] Income Taxes
Net deferred tax assets consisted of the following as of September 30, 2025 and December 31, 2024.

 September 30, 2025December 31, 2024
Deferred tax assets:
Allowance for credit losses$7,887 $7,866 
Net unrealized losses on securities available for sale25,460 31,814 
Lease liabilities1,044 1,120 
Accrued expenses245 220 
Restricted stock unit compensation854 1,077 
State net operating loss carryforward2,255 2,042 
Other 207 494 
37,952 44,633 
Deferred tax liabilities:
Right-of-use assets1,007 1,083 
Deferred loan costs223 224 
Net unrealized gains on interest rate swaps606 2,375 
Premises and equipment5,527 5,095 
New markets tax credit loan474 474 
Other138 138 
7,975 9,389 
Net deferred tax assets before valuation allowance29,977 35,244 
Valuation allowance(2,255)(2,042)
Net deferred tax assets$27,722 $33,202 
The Company has recorded a valuation allowance against the tax effect of the state net operating loss carryforwards, as management believes it is more likely than not that these carryforwards will expire without being utilized. The state net operating loss carryforwards expire in 2025 and thereafter.