Loans and Leases (Tables)

3 Months Ended

Mar. 31, 2026

Loans and Leases

Summary of the balances of loans and leases


		March 31,			December 31,
		2026			2025
Real estate
Construction and land		$	42,693		$	48,372
Farmland			17,490			17,085
1-4 Residential and multi-family			149,145			151,326
Commercial Real Estate			63,985			61,526
Total real estate			273,313			278,309
Agriculture			44			33
Commercial			9,259			8,813
Municipalities			15,229			14,890
Consumer and other			4,093			4,600
Subtotal			301,938			306,645
Less: allowance for credit losses			(3,437)			(3,440)
Loans and leases, net		$	298,501		$	303,205

Schedule of activity in the allowance for credit losses


			March 31, 2026
		Real Estate
Allowance for credit losses:		Construction and Land			Farmland			1-4 Residential & multi-family			Commercial real estate			Agriculture			Commercial			Municipalities			Consumer and other			Total
Balance, January 1, 2026		$	591		$	152		$	1,399		$	718		$	1		$	407		$	102		$	70		$	3,440
Provision (credit) for credit losses			—			(2)			(49)			33			—			17			(3)			10			6
Loans charged-off			—			—			—			—			—			—			—			(10)			(10)
Recoveries			—			—			—			—			—			—			—			1			1
Balance, March 31, 2026		$	591		$	150		$	1,350		$	751		$	1		$	424		$	99		$	71		$	3,437


			March 31, 2025
		Real Estate
Allowance for credit losses:		Construction and Land			Farmland			1-4 Residential & multi-family			Commercial real estate			Agriculture			Commercial			Municipalities			Consumer and other			Total
Balance, January 1, 2025		$	632		$	74		$	1,355		$	605		$	1		$	375		$	83		$	97		$	3,222
Provision for credit losses			29			3			24			14			—			(16)			10			(1)			63
Loans charged-off			—			—			(3)			—			—			—			—			(10)			(13)
Recoveries			—			—			—			—			—			—			—			1			1
Balance, March 31, 2025		$	661		$	77		$	1,376		$	619		$	1		$	359		$	93		$	87		$	3,273

Schedule of nonaccrual status within the loans portfolio


		March 31, 2026
		Nonaccrual without Allowance			Nonaccrual with Allowance			Loans Past Due Over 90 Days Still Accruing
Real estate
Construction and land		$	—		$	—		$	—
Farmland			—			—			—
1‑4 Residential & multi-family			955			—			—
Commercial real estate			40			—			—
Agriculture			—			—			—
Commercial			65			885			—
Municipalities			—			—			—
Consumer and other			4			—			—
Total		$	1,064		$	885		$	—


		December 31, 2025
		Nonaccrual without Allowance			Nonaccrual with Allowance			Loans Past Due Over 90 Days Still Accruing
Real estate
Construction and land		$	—		$	—		$	—
Farmland			—			—			—
1‑4 Residential & multi-family			968			—			—
Commercial real estate			42			—			—
Agriculture			—			—			—
Commercial			67			933			1
Municipalities			—			—			—
Consumer and other			4			—			—
Total		$	1,081		$	933		$	1

Schedule of collateral-dependent impaired loans


		March 31, 2026
		Real Estate			Accounts Receivable and Inventory			Other
Real estate
1-4 Residential & multi-family		$	1,074		$	—		$	—
Commercial real estate			40			—			—
Commercial			—			235			715
Consumer and other			—			—			4
Total		$	1,114		$	235		$	719


		December 31, 2025
		Real Estate			Accounts Receivable and Inventory			Other
Real estate
1-4 Residential & multi-family		$	1,090		$	—		$	—
Commercial real estate			42			—			—
Commercial			—			247			753
Consumer and other			—			—			3
Total		$	1,132		$	247		$	756

Schedule of internal classification and credit risk profile based on payment activity of the loan and lease portfolio


	March 31, 2026
	Term Loans Amortized Cost Basis by Origination Year
		2026			2025			2024			2023			2022			Prior			Total
Construction and land
Risk rating
Pass		$	2,616		$	18,671		$	16,061		$	1,710		$	1,506		$	1,689		$	42,253
Special mention			—			440			—			—			—			—			440
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	2,616		$	19,111		$	16,061		$	1,710		$	1,506		$	1,689		$	42,693
Farmland
Risk rating
Pass		$	373		$	8,653		$	2,873		$	2,383		$	1,367		$	1,629		$	17,278
Special mention			—			—			—			—			212			—			212
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	373		$	8,653		$	2,873		$	2,383		$	1,579		$	1,629		$	17,490
1-4 Residential & multi-family
Risk rating
Pass		$	9,061		$	12,757		$	10,651		$	20,404		$	16,206		$	77,155		$	146,234
Special mention			—			—			—			275			—			646			921
Substandard			—			—			—			1,314			—			676			1,990
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	9,061		$	12,757		$	10,651		$	21,993		$	16,206		$	78,477		$	149,145
Commercial real estate
Risk rating
Pass		$	3,082		$	14,154		$	13,271		$	12,943		$	4,866		$	14,968		$	63,284
Special mention			—			—			—			—			—			661			661
Substandard			—			—			—			—			—			40			40
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	3,082		$	14,154		$	13,271		$	12,943		$	4,866		$	15,669		$	63,985
Agriculture
Risk rating
Pass		$	17		$	—		$	—		$	23		$	—		$	4		$	44
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	17		$	—		$	—		$	23		$	—		$	4		$	44
Commercial
Risk rating
Pass		$	742		$	1,042		$	2,272		$	252		$	186		$	3,807		$	8,301
Special mention			—			—			—			—			—			—			—
Substandard			—			8			65			—			—			885			958
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	742		$	1,050		$	2,337		$	252		$	186		$	4,692		$	9,259
Municipalities
Risk rating
Pass		$	633		$	5,829		$	8,021		$	746		$	—		$	—		$	15,229
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	633		$	5,829		$	8,021		$	746		$	—		$	—		$	15,229
Consumer and other
Risk rating
Pass		$	608		$	1,339		$	1,376		$	230		$	110		$	401		$	4,064
Special mention			—			19			2			2			—			—			23
Substandard			—			6			—			—			—			—			6
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	608		$	1,364		$	1,378		$	232		$	110		$	401		$	4,093
Current period gross charge-offs		$	8		$	2		$	—		$	—		$	—		$	—		$	10


	December 31, 2025
	Term Loans Amortized Cost Basis by Origination Year
		2025			2024			2023			2022			2021			Prior			Total
Construction and land
Risk rating
Pass		$	17,279		$	19,483		$	8,354		$	1,522		$	585		$	1,149		$	48,372
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	17,279		$	19,483		$	8,354		$	1,522		$	585		$	1,149		$	48,372
Current period gross charge-offs		$	—		$	—		$	453		$	—		$	—		$	—		$	453
Farmland
Risk rating
Pass		$	9,257		$	2,893		$	1,606		$	1,383		$	146		$	1,587		$	16,872
Special mention			—			—			—			213			—			—			213
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	9,257		$	2,893		$	1,606		$	1,596		$	146		$	1,587		$	17,085
1-4 Residential & multi-family
Risk rating
Pass		$	13,244		$	11,610		$	28,449		$	16,657		$	26,422		$	52,053		$	148,435
Special mention			—			—			275			—			243			352			870
Substandard			—			—			1,332			—			—			689			2,021
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	13,244		$	11,610		$	30,056		$	16,657		$	26,665		$	53,094		$	151,326
Current period gross charge-offs		$	—		$	—		$	3		$	—		$	—		$	—		$	3
Commercial real estate
Risk rating
Pass		$	13,786		$	13,486		$	13,042		$	4,925		$	6,605		$	8,974		$	60,818
Special mention			—			—			—			—			—			666			666
Substandard			—			—			—			—			—			42			42
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	13,786		$	13,486		$	13,042		$	4,925		$	6,605		$	9,682		$	61,526
Agriculture
Risk rating
Pass		$	—		$	—		$	26		$	—		$	7		$	—		$	33
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	—		$	—		$	26		$	—		$	7		$	—		$	33
Commercial
Risk rating
Pass		$	1,722		$	1,671		$	444		$	207		$	12		$	3,757		$	7,813
Special mention			—			—			—			—			—			—			—
Substandard			—			67			—			—			686			247			1,000
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,722		$	1,738		$	444		$	207		$	698		$	4,004		$	8,813
Current period gross charge-offs		$	—		$	8		$	—		$	—		$	—		$	—		$	8
Municipalities
Risk rating
Pass		$	5,964		$	8,131		$	795		$	—		$	—		$	—		$	14,890
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	5,964		$	8,131		$	795		$	—		$	—		$	—		$	14,890
Consumer and other
Risk rating
Pass		$	1,930		$	1,713		$	314		$	143		$	469		$	—		$	4,569
Special mention			21			3			3			—			—			—			27
Substandard			4			—			—			—			—			—			4
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,955		$	1,716		$	317		$	143		$	469		$	—		$	4,600
Current period gross charge-offs		$	45		$	7		$	8		$	—		$	—		$	—		$	60

Schedule of delinquencies not on nonaccrual within the loan and lease portfolio


		March 31, 2026
		30-59 Days Past Due			60-89 Days Past Due			90 Days and Greater			Total Past Due			Current			Total Loans
Real estate
Construction and land		$	—		$	1,240		$	—		$	1,240		$	41,453		$	42,693
Farmland			—			—			—			—			17,490			17,490
1‑4 Residential & multi-family			816			671			—			1,487			147,658			149,145
Commercial real estate			—			—			—			—			63,985			63,985
Agriculture			—			—			—			—			44			44
Commercial			—			8			—			8			9,251			9,259
Municipalities			—			—			—			—			15,229			15,229
Consumer and other			24			—			—			24			4,069			4,093
Total		$	840		$	1,919		$	—		$	2,759		$	299,179		$	301,938


		December 31, 2025
		30-59 Days Past Due			60-89 Days Past Due			90 Days and Greater			Total Past Due			Current			Total Loans
Real estate
Construction and land		$	—		$	—		$	—		$	—		$	48,372		$	48,372
Farmland			—			—			—			—			17,085			17,085
1‑4 Residential & multi-family			113			49			—			162			151,164			151,326
Commercial real estate			—			—			—			—			61,526			61,526
Agriculture			—			—			—			—			33			33
Commercial			181			—			1			182			8,631			8,813
Municipalities			—			—			—			—			14,890			14,890
Consumer and other			22			3			—			25			4,575			4,600
Total		$	316		$	52		$	1		$	369		$	306,276		$	306,645