​

​

Carrying

​

Fair

​

Fair Value Measurements Using

(In thousands)

  ​ ​ ​

Value

  ​ ​ ​

Value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2025:

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

Financial assets:

​

  ​

​

  ​

​

  ​

​

  ​

​

  ​

Cash and cash equivalents

​

$

137,288

​

$

137,288

​

$

137,288

​

$

—

$

—

Interest-bearing time deposits

​

1,470

​

1,480

​

—

​

1,480

—

Securities available for sale

​

417,190

​

417,190

​

2,461

​

414,729

—

Securities held to maturity

​

7,000

​

5,243

​

—

​

5,243

—

Loans held for sale

​

1,464

​

1,489

​

—

​

1,489

—

Loans, net

​

654,100

​

625,927

​

—

​

—

625,927

FHLB and other restricted stock

​

1,836

​

N/A

​

N/A

​

​

N/A

N/A

Accrued interest receivable

​

5,100

​

5,100

​

—

​

5,100

—

Equity securities (included in other assets)

​

1,035

​

​

1,035

​

​

1,035

​

​

—

​

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Financial liabilities:

​

​

​

​

​

​

​

​

​

Deposits

​

1,122,990

​

1,123,123

​

885,622

​

—

237,501

Accrued interest payable

​

2,195

​

​

2,195

​

​

—

​

​

2,195

​

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2024:

​

​

​

​

​

​

​

​

​

Financial assets:

​

​

​

​

​

​

​

​

​

Cash and cash equivalents

​

$

105,917

​

$

105,917

​

$

105,917

​

$

—

$

—

Interest-bearing time deposits

​

2,695

​

2,725

​

—

​

2,725

—

Securities available for sale

​

389,243

​

389,243

​

21,549

​

367,694

—

Securities held to maturity

​

7,000

​

4,591

​

—

​

4,591

—

Loans held for sale

​

472

​

477

​

—

​

477

—

Loans, net

​

631,199

​

628,057

​

—

​

—

628,057

FHLB and other restricted stock

​

1,836

​

N/A

​

N/A

​

N/A

N/A

Accrued interest receivable

​

4,575

​

4,575

​

—

​

4,575

—

Equity securities (included in other assets)

​

886

​

886

​

886

​

—

—

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Financial liabilities:

​

​

​

​

​

​

​

​

​

Deposits

​

1,066,439

​

​

1,065,687

​

​

866,559

​

​

—

​

​

199,128

Accrued interest payable

​

1,922

​

1,922

​

—

​

1,922

—