INVESTMENT SECURITIES (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| INVESTMENT SECURITIES |
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| Schedule of amortized cost and estimated fair values of securities available-for-sale |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | unrealized | | unrealized | | Estimated | | | cost | | gains | | losses | | fair value | March 31, 2026 | | | | | | | | | | | | | Municipal securities | | $ | 25,991 | | $ | 96 | | $ | (1,022) | | $ | 25,065 | Mortgage-backed securities | | | 60,957 | | | 236 | | | (2,649) | | | 58,544 | Collateralized mortgage obligations | | | 44,136 | | | 150 | | | (1,383) | | | 42,903 | SBA securities | | | 2,605 | | | 9 | | | (37) | | | 2,577 | ABS securities | | | 1,616 | | | — | | | (12) | | | 1,604 | Corporate bonds | | | 62,853 | | | 16 | | | (4,130) | | | 58,739 | Total | | $ | 198,158 | | $ | 507 | | $ | (9,233) | | $ | 189,432 |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | unrealized | | unrealized | | Estimated | | | cost | | gains | | losses | | fair value | December 31, 2025 | | | | | | | | | | | | | Municipal securities | | $ | 26,278 | | $ | 159 | | $ | (803) | | $ | 25,634 | Mortgage-backed securities | | | 47,908 | | | 366 | | | (2,596) | | | 45,678 | Collateralized mortgage obligations | | | 45,263 | | | 214 | | | (1,333) | | | 44,144 | SBA securities | | | 2,779 | | | 7 | | | (38) | | | 2,748 | ABS securities | | | 1,677 | | | — | | | (6) | | | 1,671 | Corporate bonds | | | 64,848 | | | 74 | | | (5,089) | | | 59,833 | Total | | $ | 188,753 | | $ | 820 | | $ | (9,865) | | $ | 179,708 |
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| Schedule of investments classified by contractual maturity date |
| | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | | Amortized | | Estimated | | Amortized | | Estimated | | | cost | | fair value | | cost | | fair value | | | | | | | | | | | | Securities AFS | | | | | | | | | | | | | Due in one year or less | | $ | 5,398 | | $ | 5,109 | | $ | 5,417 | | $ | 4,819 | Due after one through five years | | | 17,917 | | | 16,903 | | | 20,602 | | | 19,600 | Due after five years through ten years | | | 75,615 | | | 70,776 | | | 75,478 | | | 70,038 | Due after ten years | | | 99,228 | | | 96,644 | | | 87,256 | | | 85,251 | Total | | $ | 198,158 | | $ | 189,432 | | $ | 188,753 | | $ | 179,708 |
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| Schedule of available-for-sale securities, continuous unrealized loss position, fair value |
| | | | | | | | | | | | | | | | | | | | | Less than 12 months | | 12 months or more | | Total | | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | | fair value | | loss | | fair value | | loss | | fair value | | loss | March 31, 2026 | | | | | | | | | | | | | | | | | | | Municipal securities | | $ | 4,450 | | $ | (166) | | $ | 12,216 | | $ | (856) | | $ | 16,666 | | $ | (1,022) | Mortgage-backed securities | | | 13,086 | | | (138) | | | 20,776 | | | (2,511) | | | 33,862 | | | (2,649) | Collateralized mortgage obligations | | | 14,372 | | | (58) | | | 17,584 | | | (1,325) | | | 31,956 | | | (1,383) | SBA securities | | | — | | | — | | | 1,355 | | | (37) | | | 1,355 | | | (37) | ABS securities | | | — | | | — | | | 1,604 | | | (12) | | | 1,604 | | | (12) | Corporate bonds | | | 2,970 | | | (30) | | | 53,400 | | | (4,100) | | | 56,370 | | | (4,130) | Total | | $ | 34,878 | | $ | (392) | | $ | 106,935 | | $ | (8,841) | | $ | 141,813 | | $ | (9,233) |
| | | | | | | | | | | | | | | | | | | | | Less than 12 months | | 12 months or more | | Total | | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | | fair value | | loss | | fair value | | loss | | fair value | | loss | December 31, 2025 | | | | | | | | | | | | | | | | | | | Municipal securities | | $ | 3,011 | | $ | (19) | | $ | 12,314 | | $ | (784) | | $ | 15,325 | | $ | (803) | Mortgage-backed securities | | | 4,481 | | | (29) | | | 21,412 | | | (2,567) | | | 25,893 | | | (2,596) | Collateralized mortgage obligations | | | 3,720 | | | (35) | | | 20,913 | | | (1,298) | | | 24,633 | | | (1,333) | SBA securities | | | 445 | | | — | | | 1,509 | | | (38) | | | 1,954 | | | (38) | ABS securities | | | 883 | | | (3) | | | 788 | | | (3) | | | 1,671 | | | (6) | Corporate bonds | | | 987 | | | (13) | | | 57,424 | | | (5,076) | | | 58,411 | | | (5,089) | Total | | $ | 13,527 | | $ | (99) | | $ | 114,360 | | $ | (9,766) | | $ | 127,887 | | $ | (9,865) |
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