v3.26.1
Related Party Transactions
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions
14.
Related Party Transactions

During the normal course of business, the Company may enter into transactions with significant shareholders, directors and principal officers and their affiliates (collectively referred to herein as “related parties”). It is the Company’s policy that all such transactions are on substantially the same terms as those prevailing at the time for comparable transactions with third parties. At June 30, 2026 and December 31, 2025, the aggregate amounts of loans to related parties were approximately $13.8 million and $9.3 million, respectively. During the six months ended June 30, 2026, loan originations and advances to related parties totaled $3.5 million, repayments from related parties totaled $391,000, and acquired loans to related parties totaled $1.4 million. Related party unfunded commitments at June 30, 2026 and December 31, 2025 were approximately $2.0 million and $2.2 million, respectively.

Deposit account balances for related parties at June 30, 2026 and December 31, 2025, totaled approximately $26.1 million and $21.5 million, respectively.