v3.26.1
Loans by Type (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Summary of Loan Categories
A summary of loans is as follows:
(In thousands)March 31,
2026		December 31,
2025
Commercial and industrial $577,873 $553,107 
Real estate:
Commercial:
Mortgage 96,606 97,567 
Construction 17,501 12,943 
Faith-based:
Mortgage 356,369 362,312 
Construction 40,381 35,288 
Total loans $1,088,730 $1,061,217 
Schedule of Debt
The following table presents the aging of loans past due by category at March 31, 2026 and December 31, 2025:
PerformingNonperforming
(In thousands)Current30-59
Days		60-89
Days		90
Days
and
Over		Non-
accrual		Total
Loans
March 31, 2026
Commercial and industrial $577,873 $— $— $— $— $577,873 
Real estate
Commercial:
Mortgage 93,467 — — — 3,139 96,606 
Construction 17,501 — — — — 17,501 
Faith-based:
Mortgage 356,369 — — — — 356,369 
Construction 40,381 — — — — 40,381 
Total $1,085,591 $— $— $— $3,139 $1,088,730 
December 31, 2025
Commercial and industrial $549,337 $— $— $— $3,770 $553,107 
Real estate
Commercial:
Mortgage 94,345 — — — 3,222 97,567 
Construction 12,943 — — — — 12,943 
Faith-based:
Mortgage 362,312 — — — — 362,312 
Construction 35,288 — — — — 35,288 
Total $1,054,225 $— $— $— $6,992 $1,061,217 
Schedule of Credit Exposure of the Loan Portfolio
The following table presents the credit exposure of the loan portfolio by internally assigned credit grade as of March 31, 2026 and December 31, 2025:
(In thousands)
Loans
Subject to
Normal
Monitoring1
Performing
Loans Subject
to Special
Monitoring2
Nonperforming
Loans Subject
to Special
Monitoring2
Total Loans
March 31, 2026
Commercial and industrial $560,799 $17,074 $— $577,873 
Real estate
Commercial:
Mortgage 80,980 12,487 3,139 96,606 
Construction 17,501 — — 17,501 
Faith-based:
Mortgage 353,189 3,180 — 356,369 
Construction 40,381 — — 40,381 
Total $1,052,850 $32,741 $3,139 $1,088,730 
December 31, 2025
Commercial and industrial $531,443 $17,894 $3,770 $553,107 
Real estate
Commercial:
Mortgage 81,744 12,601 3,222 97,567 
Construction 12,943 — — 12,943 
Faith-based:
Mortgage 358,691 3,621 — 362,312 
Construction 35,288 — — 35,288 
Total $1,020,109 $34,116 $6,992 $1,061,217 
1 Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
2 Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.
Summary of ACL by Category
A summary of the activity in the allowance for credit losses (“ACL”) by category for the three months ended March 31, 2026 and year-ended December 31, 2025 is as follows:
(In thousands)C&ICREFaith-based
CRE		ConstructionTotal
Balance at January 1, 2025
$5,897 $1,023 $6,258 $217 $13,395 
Provision for (release of) credit losses (64)(134)288 112 202 
Balance at December 31, 2025
$5,833 $889 $6,546 $329 $13,597 
Provision for (release of) credit losses (1)
294 (47)(33)50 264 
Balance at March 31, 2026
$6,127 $842 $6,513 $379 $13,861 
(1)
For the three months ended March 31, 2026, there was a release of credit losses of $203,000 for unfunded commitments.