| Schedule of Fair Value, Assets Measured on Recurring Basis |
The following tables present the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2025 and 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | Fair
Value | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | December 31, 2025 | | | | | | | | | Available-for-sale securities | | | | | | | | | | | | | | | | | SBA Pools | $ | 3,124 | | | $ | — | | | $ | 3,124 | | | $ | — | | | Federal agencies | 14,061 | | | — | | | 14,061 | | | — | | | State and municipal obligations | 131,818 | | | — | | | 130,339 | | | 1,479 | | | Mortgage-backed securities - GSE residential | 93,105 | | | — | | | 93,105 | | | — | | | Corporate obligations | 9,807 | | | — | | | 9,807 | | | — | | | | | | | | | | | | $ | 251,915 | | | $ | — | | | $ | 250,436 | | | $ | 1,479 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | Fair
Value | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | December 31, 2024 | | | | | | | | | Available-for-sale securities | | | | | | | | | U.S. Treasury securities | $ | 3,161 | | | $ | 3,161 | | | $ | — | | | $ | — | | | SBA Pools | 3,700 | | | — | | | 3,700 | | | — | | | Federal agencies | 13,334 | | | — | | | 13,334 | | | — | | | State and municipal obligations | 130,359 | | | — | | | 130,359 | | | — | | | Mortgage-backed securities - GSE residential | 98,313 | | | — | | | 98,313 | | | — | | | Corporate obligations | 9,325 | | | — | | | 9,325 | | | — | | | | | | | | | | | $ | 258,192 | | | $ | 3,161 | | | $ | 255,031 | | | $ | — | |
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| Schedule of Fair Value of Financial Instruments |
The following tables present estimated fair values of the Company’s financial instruments at December 31, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | Carrying
Value | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | December 31, 2025 | | | | | | | | | Financial assets | | | | | | | | | Cash and cash equivalents | $ | 33,130 | | | $ | 33,130 | | | $ | — | | | $ | — | | | Interest-earning time deposits | 2,070 | | | — | | | — | | | — | | | Available-for-sale securities | 251,915 | | | — | | | 250,436 | | | 1,479 | | | Held-to-maturity securities | 2,748 | | | — | | | 2,717 | | | — | | | Loans held for sale | 828 | | | — | | | — | | | 828 | | | Loans and leases receivable, net | 1,176,813 | | | — | | | — | | | 1,148,160 | | | FHLB stock | 13,907 | | | — | | | 13,907 | | | — | | | Interest receivable | 6,300 | | | — | | | 6,300 | | | — | | | | | | | | | | | Financial liabilities | | | | | | | | | Deposits | 1,114,893 | | | — | | | 1,117,026 | | | — | | | FHLB advances | 240,000 | | | — | | | 240,832 | | | — | | | Other borrowings | 12,000 | | | — | | | 12,041 | | | — | | | Interest payable | 3,457 | | | — | | | 3,457 | | | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | Carrying
Value | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | December 31, 2024 | | | | | | | | | Financial assets | | | | | | | | | Cash and cash equivalents | $ | 21,757 | | | $ | 21,757 | | | $ | — | | | $ | — | | | Interest-earning time deposits | 300 | | | — | | | 300 | | | — | | | Available-for-sale securities | 258,192 | | | 3,161 | | | 255,031 | | | — | | | Held-to-maturity securities | 3,498 | | | — | | | 3,421 | | | — | | | Loans held for sale | 1,093 | | | — | | | — | | | 1,093 | | | Loans and leases receivable, net | 1,158,879 | | | — | | | — | | | 1,099,274 | | | FHLB stock | 13,907 | | | — | | | 13,907 | | | — | | | Interest receivable | 6,030 | | | — | | | 6,030 | | | — | | | Financial liabilities | | | | | | | | | Deposits | 1,093,940 | | | — | | | 1,095,961 | | | — | | | FHLB advances | 265,000 | | | — | | | 264,162 | | | — | | | Interest payable | 4,832 | | | — | | | 4,832 | | | — | |
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