v3.25.4
Loans (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Summary of Loan Categories
A summary of loan categories is as follows:
December 31,
(In thousands)20252024
Commercial and industrial$553,080 $559,262 
Real estate:
Commercial:
Mortgage 97,567 119,194 
Construction 12,943 9,134 
Faith-based:
Mortgage 362,312 368,881 
Construction 35,288 25,518 
Other 27 — 
Total loans $1,061,217 $1,081,989 
Schedule of Debt The following table presents the aging of loans by loan categories at December 31, 2025:
PerformingNonperforming
(In thousands)Current30-59
Days		60-89
Days		90 Days
and
Over		Non-
accrual		Total
Loans
Commercial and industrial$549,310 $— $— $— $3,770 $553,080 
Real estate
Commercial:
Mortgage94,345 — — — 3,222 97,567 
Construction12,943 — — — — 12,943 
Faith-based:
Mortgage362,312 — — — — 362,312 
Construction35,288 — — — — 35,288 
Other27 — — — — 27 
Total$1,054,225 $— $— $— $6,992 $1,061,217 
The following table presents the aging of loans by loan categories at December 31, 2024:
PerformingNonperforming
(In thousands)Current30-59
Days		60-89
Days		90 Days
and
Over		Non-
accrual		Total
Loans
Commercial and industrial$559,262 $— $— $— $— $559,262 
Real estate
Commercial:
Mortgage119,194 — — — — 119,194 
Construction9,134 — — — — 9,134 
Faith-based:
Mortgage368,881 — — — — 368,881 
Construction25,518 — — — — 25,518 
Total$1,081,989 $— $— $— $— $1,081,989 
Schedule of Credit Exposure of the Loan Portfolio
The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of December 31, 2025:
(In thousands)
Loans
Subject to
Normal
Monitoring(1)
Performing
Loans Subject to
Special
Monitoring(2)
Nonperforming
Loans Subject
to Special
Monitoring(2)
Total Loans
Commercial and industrial $531,416 $17,894 $3,770 $553,080 
Real estate
Commercial:
Mortgage 81,744 12,601 3,222 97,567 
Construction 12,943 — — 12,943 
Faith-based:
Mortgage 358,691 3,621 — 362,312 
Construction 35,288 — — 35,288 
Other27 — — 27 
Total $1,020,109 $34,116 $6,992 $1,061,217 
(1)Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk and have the apparent ability to satisfy their loan obligation.
(2)Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a higher level of management attention.
The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of December 31, 2024:
(In thousands)
Loans
Subject to
Normal
Monitoring(1)
Performing
Loans Subject to
Special
Monitoring(2)
Nonperforming
Loans Subject
to Special
Monitoring(2)
Total Loans
Commercial and industrial $527,690 $31,572 $— $559,262 
Real estate
Commercial:
Mortgage 116,063 3,131 — 119,194 
Construction 9,134 — — 9,134 
Faith-based:
Mortgage 352,356 16,525 — 368,881 
Construction 25,518 — — 25,518 
Total $1,030,761 $51,228 $— $1,081,989 
(1)Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk and have the apparent ability to satisfy their loan obligation.
(2)Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a higher level of management attention.
A summary of the ACL by category for the period ended December 31, 2025 is as follows:
(In thousands)C&ICREFaith-based CREConstructionTotal
Allowance for credit losses on loans:
Balance at December 31, 2024
$5,897 $1,023 $6,258 $217 $13,395 
(Release of) provision for credit losses (1)
(64)(134)288 112 202 
Balance at December 31, 2025
$5,833 $889 $6,546 $329 $13,597 
(1)
For the year ended December 31, 2025, there was a provision for credit losses of $146,000 for unfunded commitments.
A summary of the ACL by category for the period ended December 31, 2024 is as follows:
(In thousands)C&ICREFaith-based CREConstructionTotal
Allowance for credit losses on loans:
Balance at December 31, 2023
$5,412 $1,093 $6,476 $108 $13,089 
Provision for (release of) credit losses (1)
485 (70)(218)109 306 
Balance at December 31, 2024
$5,897 $1,023 $6,258 $217 $13,395 
(1)
For the year ended December 31, 2024, there was a provision for credit losses of $141,000 for unfunded commitments.
As of December 31, 2025 and 2024, there were no loans to executive officers or directors, or their affiliates.
Summary of ACL by Category
A summary of the ACL by category for the period ended December 31, 2025 is as follows:
(In thousands)C&ICREFaith-based CREConstructionTotal
Allowance for credit losses on loans:
Balance at December 31, 2024
$5,897 $1,023 $6,258 $217 $13,395 
(Release of) provision for credit losses (1)
(64)(134)288 112 202 
Balance at December 31, 2025
$5,833 $889 $6,546 $329 $13,597 
(1)
For the year ended December 31, 2025, there was a provision for credit losses of $146,000 for unfunded commitments.
A summary of the ACL by category for the period ended December 31, 2024 is as follows:
(In thousands)C&ICREFaith-based CREConstructionTotal
Allowance for credit losses on loans:
Balance at December 31, 2023
$5,412 $1,093 $6,476 $108 $13,089 
Provision for (release of) credit losses (1)
485 (70)(218)109 306 
Balance at December 31, 2024
$5,897 $1,023 $6,258 $217 $13,395 
(1)
For the year ended December 31, 2024, there was a provision for credit losses of $141,000 for unfunded commitments.