v3.26.1
Note 16 - Related Party Transactions
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

16.

RELATED PARTY TRANSACTIONS

 

During the normal course of business, the Company enters into lending transactions with related parties, including executive officers and directors. The following is a summary of the aggregate activity involving related party borrowers during 2024 and  2025:

 

Balance, January 1, 2024

 $4,526,000 

Effect of change in composition of related parties

  22,640,000 

Disbursements

  7,000 

Amounts repaid

  (4,374,000)

Balance December 31 2024

  22,799,000 

Effect of change in composition of related parties

  2,653,000 

Disbursements

  150,000 

Amounts repaid

  (789,000)

Balance, December 31, 2025

 $24,813,000 

Undisbursed commitments to related parties, December 31, 2025

 $298,000

 

               

Deposits from executive officers, directors and their affiliates at year-end 2025 and 2024 were $7.3 million and $10.7 million.