Loans (Tables)

3 Months Ended

Mar. 31, 2026

Receivables [Abstract]

Summary of Loans

Loans consisted of the following on March 31, 2026 and December 31, 2025:


(Dollars in thousands)		March 31, 2026				December 31, 2025
Commercial and industrial		$	157,968			$	152,657
Commercial real estate			256,019				255,911
Commercial lessors of buildings			121,711				114,010
Construction			50,370				47,982
Consumer mortgage			197,436				193,298
Home equity line of credit			54,815				52,616
Consumer installment			10,185				9,019
Consumer indirect			4,188				4,366
Total loans			852,692				829,859
Allowance for credit losses			(12,947	)			(12,470	)
Deferred loan fees, net			26				(81	)
Net Loans		$	839,771			$	817,308

Summary of Allowance for Credit Losses by Portfolio Segment

The following table details activity in the allowance for credit losses ("ACL") by portfolio segment for the three months ended March 31, 2026 and 2025.


(Dollars in thousands)		Beginning ACL Balance				Charge-offs				Recoveries				Provision (Recovery) for Credit Losses				Ending ACL Balance
Three Months Ended March 31, 2026
Commercial and industrial		$	6,886			$	—			$	—			$	32			$	6,918
Commercial real estate			2,394				—				—				135				2,529
Commercial lessors of buildings			1,314				—				—				114				1,428
Construction			524				—				—				25				549
Consumer mortgage			838				—				2				3				843
Home equity line of credit			227				—				—				152				379
Consumer installment			84				(13	)			3				36				110
Consumer indirect			203				—				1				(13	)			191
		$	12,470			$	(13	)		$	6			$	484			$	12,947

Three Months Ended March 31, 2025
Commercial and industrial		$	2,919			$	(27	)		$	—			$	262			$	3,154
Commercial real estate			1,681				—				—				26				1,707
Commercial lessors of buildings			1,141				—				—				99				1,240
Construction			502				—				—				74				576
Consumer mortgage			812				—				1				(55	)			758
Home equity line of credit			205				—				—				(12	)			193
Consumer installment			92				(8	)			4				1				89
Consumer indirect			243				—				1				13				257
		$	7,595			$	(35	)		$	6			$	408			$	7,974

Schedule of Aging of Accruing Past Due and Nonaccrual Loans

The following table presents the classes of the loan portfolio summarized by the past-due status.


(Dollars in thousands)		Current				30-59 Days Past Due				60-89 Days Past Due				90 Days + Past Due				Total Past Due				Total Loans
March 31, 2026
Commercial and industrial		$	157,968			$	—			$	—			$	—			$	—			$	157,968
Commercial real estate			256,019				—				—				—				—				256,019
Commercial lessors of buildings			121,711				—				—				—				—				121,711
Construction			50,351				19				—				—				19				50,370
Consumer mortgage			197,010				18				57				351				426				197,436
Home equity line of credit			54,563				252				—				—				252				54,815
Consumer installment			10,166				12				7				—				19				10,185
Consumer indirect			4,171				17				—				—				17				4,188
Total Loans		$	851,959			$	318			$	64			$	351			$	733			$	852,692

December 31, 2025
Commercial and industrial		$	152,589			$	48			$	20			$	—			$	68			$	152,657
Commercial real estate			255,835				76				—				—				76				255,911
Commercial lessors of buildings			114,010				—				—				—				—				114,010
Construction			47,962				20				—				—				20				47,982
Consumer mortgage			192,673				223				402				—				625				193,298
Home equity line of credit			52,221				320				75				—				395				52,616
Consumer installment			9,002				17				—				—				17				9,019
Consumer indirect			4,318				14				34				—				48				4,366
Total Loans		$	828,610			$	718			$	531			$	—			$	1,249			$	829,859

NOTE 3 – LOANS (CONTINUED)

The following table presents the amortized cost basis of loans on nonaccrual status and loans past due over 90 days still accruing interest as of March 31, 2026 and December 31, 2025:


(Dollars in thousands)		Nonaccrual with no ACL				Nonaccrual with ACL				Total Nonaccrual				Loans Past Due 90 Days or More Still Accruing				Total Nonperforming
March 31, 2026
Commercial and industrial		$	—			$	27			$	27			$	—			$	27
Commercial real estate			—				157				157				—				157
Commercial lessors of buildings			—				—				—				—				—
Construction			—				—				—				—				—
Consumer mortgage			—				321				321				351				672
Home equity line of credit			—				63				63				—				63
Consumer installment			—				28				28				—				28
Consumer indirect			—				71				71				—				71
Total Loans		$	—			$	667			$	667			$	351			$	1,018

December 31, 2025
Commercial and industrial		$	—			$	9			$	9			$	—			$	9
Commercial real estate			—				161				161				—				161
Commercial lessors of buildings			—				—				—				—				—
Construction			—				—				—				—				—
Consumer mortgage			—				336				336				—				336
Home equity line of credit			—				64				64				—				64
Consumer installment			—				32				32				—				32
Consumer indirect			—				50				50				—				50
Total Loans		$	—			$	652			$	652			$	—			$	652

Schedule of Collateral Dependent Loans

The following table presents the amortized cost basis of collateral dependent loans by class of loan:


		Type of Collateral
(Dollars in thousands)		Real Estate				Blanket Liens
March 31, 2026
Commercial and industrial		$	4,411		1	$	6,997
Commercial real estate			20,440		2		—
Total collateral dependent loans		$	24,851			$	6,997

December 31, 2025
Commercial and industrial		$	4,411		1	$	7,078
Commercial real estate			20,446		2		—
Total collateral dependent loans		$	24,857			$	7,078

1 Balances include $3.5 million USDA guarantee.

2 Balances include $16.4 million USDA guarantee.

Summary of Loans by Credit Quality Indicator

Loans not meeting the criteria above that are analyzed individually as part of the above-described process are considered to be pass rated loans. Based on the most recent analysis performed, the following tables present the recorded investment in non-homogeneous loans by internal risk rating system as of March 31, 2026 and December 31, 2025:


		Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)		2026				2025				2024				2023				2022				Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term				Total
March 31, 2026
Commercial and industrial:
Pass		$	7,518			$	19,988			$	17,086			$	12,794			$	7,847			$	8,516		$	55,046		$	—			$	128,795
Special mention			—				—				—				42				45				28			66			—				181
Substandard			—				906				—				10,552		1		4,253				1,284			11,997			—				28,992
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	7,518			$	20,894			$	17,086			$	23,388			$	12,145			$	9,828		$	67,109		$	—			$	157,968
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Commercial real estate:
Pass		$	6,211			$	40,849			$	27,414			$	30,249			$	34,596			$	68,627		$	1,590		$	—			$	209,536
Special Mention			—				—				—				—				664				13,677			—			—				14,341
Substandard			—				1,028				329				20,930		2		447				9,408			—			—				32,142
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	6,211			$	41,877			$	27,743			$	51,179			$	35,707			$	91,712		$	1,590		$	—			$	256,019
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Commercial lessors of buildings:
Pass		$	9,792			$	22,814			$	19,000			$	21,268			$	19,741			$	27,686		$	340		$	—			$	120,641
Special Mention			—				—				—				—				—				170			—			—				170
Substandard			—				—				—				—				—				900			—			—				900
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	9,792			$	22,814			$	19,000			$	21,268			$	19,741			$	28,756		$	340		$	—			$	121,711
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Commercial Construction:
Pass		$	2,048			$	13,785			$	11,731			$	2,250			$	7,225			$	1,840		$	1,908		$	—			$	40,787
Special Mention			—				—				—				—				—				—			—			—				—
Substandard			—				—				—				—				146				66			—			—				212
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	2,048			$	13,785			$	11,731			$	2,250			$	7,371			$	1,906		$	1,908		$	—			$	40,999
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Total
Pass		$	25,569			$	97,436			$	75,231			$	66,561			$	69,409			$	106,669		$	58,884		$	—			$	499,759
Special Mention			—				—				—				42				709				13,875			66			—				14,692
Substandard			—				1,934				329				31,482		1, 2		4,846				11,658			11,997			—				62,246
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	25,569			$	99,370			$	75,560			$	98,085			$	74,964			$	132,202		$	70,947		$	—			$	576,697
YTD commercial gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—

1 Balances include $3.5 million USDA guarantee.

2 Balances include $16.4 million USDA guarantee.


		Term Loans Amortized Cost Basis by Origination Year
		2025				2024				2023				2022				2021				Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term				Total
December 31, 2025
Commercial and industrial:
Pass		$	21,139			$	18,113			$	15,011			$	9,206			$	4,524			$	5,519		$	51,362		$	—			$	124,874
Special mention			—				—				44				52				42				—			107			—				245
Substandard			957				—				10,560		1		4,363				306				904			10,448			—				27,538
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	22,096			$	18,113			$	25,615			$	13,621			$	4,872			$	6,423		$	61,917		$	—			$	152,657
YTD gross charge-offs		$	—			$	—			$	55			$	—			$	—			$	—		$	27		$	—			$	82
Commercial real estate:
Pass		$	41,371			$	28,413			$	30,621			$	35,659			$	40,055			$	31,846		$	1,471		$	—			$	209,436
Special Mention			—				—				—				671				2,702				11,133			—			—				14,506
Substandard			128				333				20,954		2		453				1,587				8,514			—			—				31,969
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	41,499			$	28,746			$	51,575			$	36,783			$	44,344			$	51,493		$	1,471		$	—			$	255,911
YTD gross charge-offs		$	—			$	—			$	303			$	—			$	—			$	—		$	—		$	—			$	303
Commercial lessors of buildings:
Pass		$	22,800			$	19,788			$	21,547			$	19,952			$	14,219			$	14,101		$	438		$	—			$	112,845
Special Mention			—				—				—				—				172				—			—			—				172
Substandard			—				—				—				—				—				955			38			—				993
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	22,800			$	19,788			$	21,547			$	19,952			$	14,391			$	15,056		$	476		$	—			$	114,010
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Commercial construction:
Pass		$	13,734			$	10,226			$	2,368			$	7,471			$	684			$	1,182		$	2,049		$	—			$	37,714
Special Mention			—				—				—				—				—				—			—			—				—
Substandard			—				—				—				—				—				68			—			—				68
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	13,734			$	10,226			$	2,368			$	7,471			$	684			$	1,250		$	2,049		$	—			$	37,782
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Total
Pass		$	99,044			$	76,540			$	69,547			$	72,288			$	59,482			$	52,648		$	55,320		$	—			$	484,869
Special Mention			—				—				44				723				2,916				11,133			107			—				14,923
Substandard			1,085				333				31,514		1, 2		4,816				1,893				10,441			10,486			—				60,568
Doubtful			—				—				—				—				—				—			—			—				—
Total		$	100,129			$	76,873			$	101,105			$	77,827			$	64,291			$	74,222		$	65,913		$	—			$	560,360
YTD commercial gross charge-offs		$	—			$	—			$	358			$	—			$	—			$	—		$	27		$	—			$	385

1 Balances include $3.5 million USDA guarantee.

2 Balances include $16.4 million USDA guarantee.

The Company monitors the credit risk profile by payment activity for the loan classes listed below. Loans past due 90 days or more and loans on nonaccrual status are considered nonperforming. The following table presents the amortized cost in consumer loans based on payment activity as of March 31, 2026 and December 31, 2025:


		Term Loans Amortized Cost Basis by Origination Year
(Dollars in thousands)		2026				2025				2024				2023				2022				Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term				Total
March 31, 2026
Consumer mortgage:
Performing		$	6,677			$	25,869			$	29,159			$	24,440			$	28,955			$	81,664		$	—		$	—			$	196,764
Nonperforming			—				—				—				180				351				141			—			—				672
Total		$	6,677			$	25,869			$	29,159			$	24,620			$	29,306			$	81,805		$	—		$	—			$	197,436
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Consumer Construction:
Performing		$	545			$	7,576			$	671			$	—			$	443			$	136		$	—		$	—			$	9,371
Nonperforming			—				—				—				—				—				—			—			—				—
Total		$	545			$	7,576			$	671			$	—			$	443			$	136		$	—		$	—			$	9,371
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Home equity line of credit:
Performing		$	—			$	—			$	—			$	—			$	—			$	—		$	54,019		$	733			$	54,752
Nonperforming			—				—				—				—				—				—			63			—				63
Total		$	—			$	—			$	—			$	—			$	—			$	—		$	54,082		$	733			$	54,815
YTD gross charge-offs						$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Consumer installment:
Performing		$	2,326			$	3,757			$	1,552			$	1,500			$	602			$	372		$	48		$	—			$	10,157
Nonperforming			—				—				—				2				1				25			—			—				28
Total		$	2,326			$	3,757			$	1,552			$	1,502			$	603			$	397		$	48		$	—			$	10,185
YTD gross charge-offs		$	—			$	10			$	—			$	1			$	—			$	2		$	—		$	—			$	13
Consumer indirect:
Performing		$	60			$	355			$	507			$	447			$	688			$	2,060		$	—		$	—			$	4,117
Nonperforming			—				—				—				11				—				60			—			—				71
Total		$	60			$	355			$	507			$	458			$	688			$	2,120		$	—		$	—			$	4,188
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Total
Performing		$	9,608			$	37,557			$	31,889			$	26,387			$	30,688			$	84,232		$	54,067		$	733			$	275,161
Nonperforming			—				—				—				193				352				226			63			—				834
Total		$	9,608			$	37,557			$	31,889			$	26,580			$	31,040			$	84,458		$	54,130		$	733			$	275,995
YTD consumer gross charge-offs		$	—			$	10			$	—			$	1			$	—			$	2		$	—		$	—			$	13


		Term Loans Amortized Cost Basis by Origination Year
		2025				2024				2023				2022				2021				Prior			Revolving Loans Amortized Cost Basis			Revolving Loans Converted to Term				Total
December 31, 2025
Consumer mortgage:
Performing		$	23,328			$	30,593			$	25,839			$	29,546			$	29,711			$	53,945		$	—		$	—			$	192,962
Nonperforming			—				—				190				—				—				146			—			—				336
Total		$	23,328			$	30,593			$	26,029			$	29,546			$	29,711			$	54,091		$	—		$	—			$	193,298
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Consumer construction:
Performing		$	8,782			$	716			$	72			$	464			$	114			$	52		$	—		$	—			$	10,200
Nonperforming			—				—				—				—				—				—			—			—				—
Total		$	8,782			$	716			$	72			$	464			$	114			$	52		$	—		$	—			$	10,200
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Home equity line of credit:
Performing		$	—			$	—			$	—			$	—			$	—			$	—		$	52,201		$	351			$	52,552
Nonperforming			—				—				—				—				—				—			64			—				64
Total		$	—			$	—			$	—			$	—			$	—			$	—		$	52,265		$	351			$	52,616
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	—		$	—		$	—			$	—
Consumer installment:
Performing		$	4,215			$	1,837			$	1,728			$	735			$	269			$	147		$	56		$	—			$	8,987
Nonperforming			—				—				3				2				—				27			—			—				32
Total		$	4,215			$	1,837			$	1,731			$	737			$	269			$	174		$	56		$	—			$	9,019
YTD gross charge-offs		$	17			$	21			$	14			$	4			$	2			$	13		$	—		$	—			$	71
Consumer indirect:
Performing		$	392			$	516			$	466			$	708			$	422			$	1,812		$	—		$	—			$	4,316
Nonperforming			—				—				12				—				—				38			—			—				50
Total		$	392			$	516			$	478			$	708			$	422			$	1,850		$	—		$	—			$	4,366
YTD gross charge-offs		$	—			$	—			$	—			$	—			$	—			$	17		$	—		$	—			$	17
Total
Performing		$	36,717			$	33,662			$	28,105			$	31,453			$	30,516			$	55,956		$	52,257		$	351			$	269,017
Nonperforming			—				—				205				2				—				211			64			—				482
Total		$	36,717			$	33,662			$	28,310			$	31,455			$	30,516			$	56,167		$	52,321		$	351			$	269,499
YTD consumer gross charge-offs		$	17			$	21			$	14			$	4			$	2			$	30		$	—		$	—			$	88

Schedule of Modifications of Loans to Borrowers Experiencing Financial Difficulty

The Bank closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table depicts the performance of loans that have been modified in the last twelve months:


(Dollars in thousands)		Current				31 - 60 Days Past Due				61 - 90 Days Past Due				Greater Than 90 Days Past Due				Total Past Due
March 31, 2026
Home equity line of credit		$	319			$	—			$	—			$	—			$	—
		$	319			$	—			$	—			$	—			$	—