v3.25.4
Loans Held for Sale (Tables)
12 Months Ended
Dec. 31, 2025
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Summary of Loans Held for Sale The table below presents activity of loans held for sale during the year ended December 31, 2024.

 

 

Principal

 

 

Original
Issue
Discount

 

 

Unrealized Gains (Losses)

 

 

Fair Value

 

Balance at January 1, 2024

 

$

-

 

 

 

-

 

 

$

-

 

 

$

-

 

Transfer of loans held for investment to loans held for sale

 

 

19,000,000

 

 

 

-

 

 

 

-

 

 

 

19,000,000

 

Sale of loan

 

 

(19,000,000

)

 

 

-

 

 

 

-

 

 

 

(19,000,000

)

Balance at December 31, 2024

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-