v3.25.4
Other Real Estate Owned (Tables)
12 Months Ended
Dec. 31, 2025
Other Real Estate Owned  
Components of OREO, Net of Related Valuation Allowance

(in thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Acquisition and development

$

1,083

$

2,698

Residential mortgage

364

Total OREO

$

1,083

$

3,062

Schedule of Activity in the OREO Valuation Allowance

(in thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Balance January 1

$

199

$

313

Fair value write-downs, net

1,676

Sales of OREO

(191)

(114)

Balance December 31

$

1,684

$

199

Schedule of Components of OREO Expenses, Net

(in thousands)

  ​ ​ ​

2025

  ​ ​ ​

2024

Gains on real estate, net

$

(77)

$

(161)

Fair value write-down

1,676

Expenses, net

638

435

Rental and other income

(2)

(3)

Total OREO expense, net

$

2,235

$

271