v3.26.1
Loans Receivable (Tables)
12 Months Ended
Dec. 31, 2025
Loans Receivable [Abstract]  
Schedule of Loans Receivable, Net

Loans receivable, net consists of the following:

 

 

 

December 31,

 

 

 

December 31,

 

 

 

2025

 

 

 

2024

 

 

 

(Dollars in thousands)

 

Real Estate Loans:

 

 

 

 

 

 

 

Residential, one- to four-family (1)

$

 

150,095

 

 

$

 

161,331

 

Home Equity

 

 

46,970

 

 

 

 

47,456

 

Commercial (2)

 

 

327,352

 

 

 

 

320,984

 

Total real estate loans

 

 

524,417

 

 

 

 

529,771

 

Other Loans:

 

 

 

 

 

 

 

Commercial

 

 

17,430

 

 

 

 

15,728

 

Consumer(3)

 

 

15,466

 

 

 

 

991

 

Total gross loans

 

 

557,313

 

 

 

 

546,490

 

Net deferred loan costs

 

 

3,012

 

 

 

 

3,263

 

Allowance for credit losses on loans

 

 

(4,884

)

 

 

 

(5,133

)

Loans receivable, net

$

 

555,441

 

 

$

 

544,620

 

 

(1)
There were no one- to four-family construction loans as of December 31, 2025 or 2024.
(2)
Includes commercial construction loans of $18.8 million and $18.9 million as of December 31, 2025 and 2024, respectively.
(3)
Includes overdraft protection of $24,000 and $39,000 as of December 31, 2025 and 2024, respectively.