(7)
Fair Value Measurements.
Debt
securities available for sale measured at fair value on a recurring basis are summarized below (dollars in thousands):
Schedule of Debt Securities Available for Sale Measured at Fair Value on Recurring Basis
| | |
Fair
Value | | |
(Level
1) | | |
(Level
2) | | |
(Level
3) | |
| | |
Fair
Value Measurements Using | |
| | |
| | |
Quoted Prices | | |
Significant | | |
| |
| | |
| | |
In Active | | |
Other | | |
Significant | |
| | |
| | |
Markets for | | |
Observable | | |
Unobservable | |
| | |
| | |
Identical
Assets | | |
Inputs | | |
Inputs | |
| | |
Fair
Value | | |
(Level
1) | | |
(Level
2) | | |
(Level
3) | |
| At March 31, 2026: | |
| | | |
| | | |
| | | |
| | |
| SBA Pool Securities | |
$ | 394 | | |
$ | - | | |
$ | 394 | | |
$ | - | |
| Collateralized mortgage obligations | |
| 104 | | |
| - | | |
| 104 | | |
| - | |
| Taxable municipal securities | |
| 12,541 | | |
| - | | |
| 12,541 | | |
| - | |
| Mortgage-backed securities | |
| 14,005 | | |
| - | | |
| 14,005 | | |
| - | |
| Total | |
$ | 27,044 | | |
$ | - | | |
$ | 27,044 | | |
$ | - | |
| | |
| | | |
| | | |
| | | |
| | |
| At December 31, 2025: | |
| | | |
| | | |
| | | |
| | |
| SBA Pool Securities | |
$ | 429 | | |
$ | - | | |
$ | 429 | | |
$ | - | |
| Collateralized mortgage obligations | |
| 106 | | |
| - | | |
| 106 | | |
| - | |
| Taxable municipal securities | |
| 12,626 | | |
| - | | |
| 12,626 | | |
| - | |
| Mortgage-backed securities | |
| 12,023 | | |
| - | | |
| 12,023 | | |
| - | |
| Total | |
$ | 25,184 | | |
$ | - | | |
$ | 25,184 | | |
$ | - | |
| Debt securities available for sale | |
$ | 25,184 | | |
$ | - | | |
$ | 25,184 | | |
$ | - | |
|