v3.26.1
RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Loans to principal officers, directors, and their affiliates during 2025 and 2024 were as follows:
20252024
Balance at January 1$9,260$5,042
New loans1,448 4,566 
Repayments(472)(348)
Balance at December 31$10,236 $9,260 
Deposits from principal officers, directors, and their affiliates at December 31, 2025 and December 31, 2024 were $3,744 and $5,015, respectively.
The Company leases a portion of an office building from a related party of a Company Director. Rent payments related to these leases amounted to $670 and $692 for the year ended December 31, 2025 and December 31, 2024, respectively.
The Company entered into transactions during the normal course of business with an insurance agency that is a related party of two Company Directors. Payments to the insurance agency amounted to $444 and $374 for the year ended December 31, 2025 and December 31, 2024, respectively.