v3.26.1
Condensed Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets [Abstract]    
Cash and due from banks $ 26,127 $ 24,110
Interest-bearing deposits in banks 2,833 38,852
Total cash and cash equivalents 28,960 62,962
Securities available-for-sale, at fair value (amortized cost of $303,767 at June 30, 2026 and $299,162 at December 31, 2025) 285,676 281,692
Federal Home Loan Bank ("FHLB") stock 5,001 2,650
Federal Reserve Bank ("FRB") stock 4,131 4,131
Mortgage loans held-for-sale, at fair value 15,972 7,452
Loans receivable, net of allowance for credit losses of $17,640 at June 30, 2026 and $17,370 at December 31, 2025 1,540,704 1,501,649
Accrued interest and dividends receivable 14,242 14,448
Mortgage servicing rights, net 14,885 15,043
Premises and equipment, net 99,947 101,438
Cash surrender value of life insurance, net 55,460 54,708
Goodwill 34,740 34,740
Core deposit intangible, net 2,798 3,314
Deferred tax asset, net 8,997 8,333
Other Assets 14,334 13,807
Total assets 2,125,847 2,106,367
LIABILITIES:    
Noninterest-bearing 448,260 452,183
Interest-bearing 1,341,944 1,329,416
Total deposits 1,790,204 1,781,599
Accrued expenses and other liabilities 41,628 50,482
Federal funds purchased 0 105
FHLB advances and other borrowings 52,102 37,917
Other long-term debt:    
Principal amount 45,155 45,155
Unamortized debt issuance costs (647) (705)
Total other long-term debt, net 44,508 44,450
Total liabilities 1,928,442 1,914,553
SHAREHOLDERS' EQUITY:    
Preferred stock (par value $0.01 per share; 1,000,000 shares authorized; no shares issued or outstanding) 0 0
Common stock (par value $0.01 per share; 20,000,000 shares authorized; 8,507,429 shares issued at June 30, 2026 and December 31, 2025; 7,965,431 shares outstanding at June 30, 2026 and 7,957,769 shares outstanding at December 31, 2025) 85 85
Additional paid-in capital 108,271 108,086
Unallocated common stock held by Employee Stock Ownership Plan ("ESOP") (3,151) (3,437)
Treasury stock, at cost (541,998 shares at June 30, 2026 and 549,660 shares at December 31, 2025) (11,374) (11,567)
Retained earnings 116,910 111,521
Accumulated other comprehensive loss, net of tax (13,336) (12,874)
Total shareholders' equity 197,405 191,814
Total liabilities and shareholders' equity $ 2,125,847 $ 2,106,367