v3.25.4
PREMISES AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Premises and Equipment

Major classifications of premises and equipment, stated at cost, are as follows.

 

 

2025

 

 

2024

 

Land

 

$

23,582

 

 

$

21,104

 

Buildings and improvements

 

 

119,236

 

 

 

101,513

 

Furniture, fixtures and equipment

 

 

38,628

 

 

 

34,003

 

 

 

 

181,446

 

 

 

156,620

 

Less: accumulated depreciation

 

 

(44,726

)

 

 

(39,488

)

Premises and equipment, net

 

$

136,720

 

 

$

117,132

 
Schedule of Right-of-Use Asset and Lease Obligations

Right-of-use asset and lease obligations by type of property are listed below.

December 31, 2025

 

Right-of-Use Asset

 

 

Lease Liability

 

 

Weighted Average Lease Term in Years

 

 

Weighted Average Discount Rate

 

Operating Leases

 

 

 

 

 

 

 

 

 

 

 

 

Land and building leases

 

$

3,528

 

 

$

3,527

 

 

 

12.1

 

 

 

3.29

%

Total operating leases

 

$

3,528

 

 

$

3,527

 

 

 

12.1

 

 

 

3.29

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

Right-of-Use Asset

 

 

Lease Liability

 

 

Weighted Average Lease Term in Years

 

 

Weighted Average Discount Rate

 

Operating leases

 

 

 

 

 

 

 

 

 

 

 

 

Land and building leases

 

$

3,600

 

 

$

3,601

 

 

 

12.5

 

 

 

3.29

%

Total operating leases

 

$

3,600

 

 

$

3,601

 

 

 

12.5

 

 

 

3.29

%

 

 

 

 

 

 

 

 

 

 

 

 

 
Schedule of Operating Lease Costs

Operating lease costs are listed below.

 

 

2025

 

 

2024

 

 

2023

 

Operating lease cost

 

$

611

 

 

$

597

 

 

$

745

 

Short-term lease cost

 

 

—

 

 

 

—

 

 

 

—

 

Variable lease cost

 

 

88

 

 

 

79

 

 

 

110

 

Total operating lease cost

 

$

699

 

 

$

676

 

 

$

855

 
Schedule of Maturity Analysis of Operating Lease Liabilities and Reconciliation of Undiscounted Cash Flows to Total Operating Lease Liability

A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability as of December 31, 2025, is listed below.

 

Lease payments

 

 

 

Due in one year or less

 

$

596

 

Due after one year through two years

 

 

593

 

Due after two years through three years

 

 

475

 

Due after three years through four years

 

 

363

 

Due after four years through five years

 

 

269

 

Thereafter

 

 

2,027

 

Total undiscounted cash flows

 

 

4,323

 

Discount on cash flows

 

 

(796

)

Total

 

$

3,527