v3.26.1
INCOME TAXES - Schedule of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Allowance for credit losses on loans and REO $ 4,273 $ 3,688
Allowance for losses held-to-maturity securities 22 23
Net unrealized losses on securities available-for-sale 3,996 6,472
Accrued post retirement benefits 1,220 1,128
Accrued interest receivable 202 169
Accrued bonus 312 607
Stock compensation 1,307 962
Premises and equipment 552 393
Finance lease liability 6,587 7,075
Charitable contribution carryover 2,536 2,533
Federal net operating loss carryforward 9,666 8,896
State net operating loss carryforward 3,610 2,956
Other 335 253
Total gross deferred tax assets 34,618 35,155
Deferred tax liabilities:    
Net unrealized gains on derivatives 315 2,689
Deferred loan fees, net 615 563
Unrealized actuarial gains on post retirement benefits 193 99
Finance lease right-of-use asset 6,101 6,597
Other 55 86
Total gross deferred tax liabilities 7,279 10,034
Net deferred tax asset 27,339 25,121
Valuation allowance (27,339) (25,121)
Gross deferred tax assets after valuation allowance $ 0 $ 0