Condensed Financial Statements of Parent Company (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Condensed Financial Statements of Parent Company |
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| Schedule of Parent Company Balance Sheets |
Financial information pertaining only to the parent company, Ministry Partners Investment Company, LLC, is as follows (dollars in thousands): Ministry Partners Investment Company, LLC Balance Sheet | | | | | | | | | As of December 31, | | | 2025 | | 2024 | Assets: | | | | | | | Cash | | $ | 7,337 | | $ | 7,307 | Certificates of deposit | | | 1,519 | | | 1,305 | Loans receivable, net of allowance for loan losses | | | 90,827 | | | 93,171 | Investment in subsidiaries | | | 3,854 | | | 3,065 | Other assets | | | 2,959 | | | 3,340 | Total assets | | $ | 106,496 | | $ | 108,188 | Liabilities and members’ equity | | | | | | | Liabilities: | | | | | | | Other borrowings | | $ | 6 | | $ | 6 | Debt certificates, net of debt issuance costs | | | 93,818 | | | 94,456 | Other liabilities | | | 1,178 | | | 1,795 | Total liabilities | | | 95,002 | | | 96,257 | Equity | | | 11,494 | | | 11,931 | Total liabilities and members' equity | | $ | 106,496 | | $ | 108,188 |
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| Schedule of Parent Company Statements of Operations |
| | | | | | | | | For the years ended | | | December 31, | | | 2025 | | 2024 | Income: | | | | | | | Interest Income | | $ | 7,388 | | $ | 7,016 | Other income | | | 525 | | | 422 | Total income | | | 7,913 | | | 7,438 | Interest expense: | | | | | | | Other borrowings | | | — | | | 393 | Debt certificates | | | 5,882 | | | 5,973 | Total interest expense | | | 5,882 | | | 6,366 | Credit for loan losses | | | (34) | | | (126) | Other operating expenses | | | 2,813 | | | 2,683 | Income (loss) before provision for income taxes | | | (748) | | | (1,485) | Provision for income taxes and state LLC fees | | | 10 | | | 13 | Income (loss) before equity in undistributed net income of subsidiaries | | | (758) | | | (1,498) | Equity in undistributed net income of subsidiaries | | | 788 | | | 891 | Net income (loss) | | $ | 30 | | $ | (607) |
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| Schedule of Parent Company Statements of Cash Flows |
| | | | | | | | | For the years ended | | | December 31, | | | 2025 | | 2024 | CASH FLOWS FROM OPERATING ACTIVITIES: | | | | | | | Net income (loss) | | $ | 30 | | $ | (607) | Adjustments to reconcile net income (loss) to net cash used by operating activities: | | | | | | | Equity in undistributed net income of subsidiaries | | | (788) | | | (891) | Depreciation | | | 25 | | | 32 | Amortization of deferred loan fees, net | | | (30) | | | (111) | Amortization of debt issuance costs | | | 781 | | | 897 | Provision for loan losses | | | (34) | | | (126) | Accretion of loan discount | | | (11) | | | (17) | Gain on sale of loans | | | (12) | | | (96) | Gain on sale of foreclosed assets | | | (182) | | | — | Loss on sale of fixed assets | | | — | | | 2 | Changes in: | | | | | | | Other assets | | | 110 | | | 411 | Other liabilities | | | (617) | | | 163 | Net cash used by operating activities | | | (728) | | | (343) | CASH FLOWS FROM INVESTING ACTIVITIES: | | | | | | | Loan purchases | | | (4,113) | | | (66) | Loan originations | | | (3,141) | | | (8,721) | Loan sales | | | 1,100 | | | 8,370 | Loan principal collections | | | 8,552 | | | 6,045 | Withdrawal of capital from subsidiary | | | — | | | 3,000 | Purchase of certificates of deposit | | | (214) | | | (26) | Foreclosed property sales | | | 483 | | | — | Purchase of property and equipment | | | — | | | (62) | Net cash provided by investing activities | | | 2,667 | | | 8,540 | CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | | | Borrowings, net of repayments on lines of credit | | | — | | | (4,500) | Net change in debt certificates | | | (650) | | | (1,871) | Debt issuance costs | | | (769) | | | (796) | Dividends paid on preferred units | | | (490) | | | (575) | Net cash used by financing activities | | | (1,909) | | | (7,742) | Net increase in cash and restricted cash | | | 30 | | | 455 | Cash, cash equivalents, and restricted cash at beginning of period | | | 7,307 | | | 6,852 | Cash, cash equivalents, and restricted cash at end of period | | $ | 7,337 | | $ | 7,307 | Supplemental disclosures of cash flow information | | | | | | | Interest paid | | $ | 5,041 | | $ | 5,071 | Income taxes paid | | | 16 | | | 32 | Leased assets obtained in exchange of new operating lease liabilities | | | 387 | | | 387 | Lease liabilities recorded | | | 387 | | | 387 | Dividends declared to preferred unit holders | | | 108 | | | 130 |
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