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 the amortized cost and approximate fair values of securities |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | March 31, 2026 | | Cost | | Gains | | Losses | | Value | Available-for-sale securities: | | | | | | | | | | | | | Municipal securities | | $ | 2,836,073 | | $ | 1,913 | | $ | 3,535 | | $ | 2,834,451 | Collateralized mortgage obligation bonds | | | 47,340 | | | — | | | 1,327 | | | 46,013 | U.S. government agencies | | | 1,497,851 | | | — | | | 68,954 | | | 1,428,897 | Mortgage-backed securities | | | 1,232,096 | | | 4,922 | | | 77,121 | | | 1,159,897 | | | $ | 5,613,360 | | $ | 6,835 | | $ | 150,937 | | $ | 5,469,258 |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | December 31, 2025 | | Cost | | Gains | | Losses | | Value | Available-for-sale securities: | | | | | | | | | | | | | Municipal securities | | $ | 2,837,990 | | $ | 2,253 | | $ | 4,207 | | $ | 2,836,036 | Collateralized mortgage obligation bonds | | | 50,980 | | | — | | | 1,263 | | | 49,717 | U.S. government agencies | | | 1,497,747 | | | — | | | 59,911 | | | 1,437,836 | Mortgage-backed securities | | | 1,282,116 | | | 6,981 | | | 73,994 | | | 1,215,103 | | | $ | 5,668,833 | | $ | 9,234 | | $ | 139,375 | | $ | 5,538,692 |
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| Schedule of the amortized cost and fair value of securities by contractual maturity |
| | | | | | | | | March 31, 2026 | | | Available-for-sale | | | Amortized | | Fair | | | Cost | | Value | Municipal securities and U.S. government agencies | | | | | | | Due less than one year | | $ | 310,000 | | $ | 310,081 | Due one to five years | | | 1,497,851 | | | 1,428,897 | Due five to ten years | | | 1,995,000 | | | 1,996,832 | Due after ten years | | | 531,073 | | | 527,538 | Total | | $ | 4,333,924 | | $ | 4,263,348 | | | | | | | | Mortgage-backed securities and collateralized mortgage obligation bonds | | | 1,279,436 | | | 1,205,910 | Total | | $ | 5,613,360 | | $ | 5,469,258 |
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| Schedule of gross unrealized losses and fair value of investments in continuous loss position |
| | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or Longer | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | March 31, 2026 | | | | | | | | | | | | | | | | | | | Municipal securities | | $ | — | | $ | — | | $ | 527,538 | | $ | 3,535 | | $ | 527,538 | | $ | 3,535 | Collateralized mortgage obligation bonds | | | — | | | — | | | 46,013 | | | 1,327 | | | 46,013 | | | 1,327 | U.S. government agencies | | | — | | | — | | | 1,428,897 | | | 68,954 | | | 1,428,897 | | | 68,954 | Mortgage-backed securities | | | — | | | — | | | 774,171 | | | 77,121 | | | 774,171 | | | 77,121 | Total | | $ | — | | $ | — | | $ | 2,776,619 | | $ | 150,937 | | $ | 2,776,619 | | $ | 150,937 |
| | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or Longer | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | December 31, 2025 | | | | | | | | | | | | | | | | | | | Municipal securities | | $ | — | | $ | — | | $ | 528,782 | | $ | 4,207 | | $ | 528,782 | | $ | 4,207 | Collateralized mortgage obligation bonds | | | — | | | — | | | 49,717 | | | 1,263 | | | 49,717 | | | 1,263 | U.S. government agencies | | | — | | | — | | | 1,437,836 | | | 59,911 | | | 1,437,836 | | | 59,911 | Mortgage-backed securities | | | — | | | — | | | 825,648 | | | 73,994 | | | 825,648 | | | 73,994 | Total | | $ | — | | $ | — | | $ | 2,841,983 | | $ | 139,375 | | $ | 2,841,983 | | $ | 139,375 |
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| Schedule of number and aggregate depreciation of available-for-sale securities in a continuous unrealized loss position by security type |
| | | | | | | | Number of | | | | | | securities in | | Aggregate | | | | a loss position | | Depreciation | | March 31, 2026 | | | | | | Municipal securities | | 1 | | (0.67) | % | Collateralized mortgage obligation bonds | | 1 | | (2.80) | % | U.S. government agencies | | 2 | | (4.60) | % | Mortgage-backed securities | | 8 | | (9.06) | % | Total Portfolio | | 12 | | (5.16) | % |
| | | | | | | | Number of | | | | | | securities in | | Aggregate | | | | a loss position | | Depreciation | | December 31, 2025 | | | | | | Municipal securities | | 1 | | (0.79) | % | Collateralized mortgage obligation bonds | | 1 | | (2.48) | % | U.S. government agencies | | 2 | | (4.00) | % | Mortgage-backed securities | | 8 | | (8.22) | % | Total Portfolio | | 12 | | (4.67) | % |
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