v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 121,762 $ 118,853
Available-for-sale ("AFS") securities, at fair value (amortized cost of $145,282, net of allowance for credit losses of $0 at June 30, 2026 and amortized cost of $151,618, net of allowance for credit losses of $0 at December 31, 2025) 128,435 134,103
Held-to-maturity ("HTM") securities, at amortized cost (fair value of $61,481, net of allowance for credit losses of $0 at June 30, 2026 and fair value of $64,117, net of allowance for credit losses of $0 at December 31, 2025) 77,415 80,210
Equity investments 6,287 5,840
Other investments 12,485 12,506
Loans receivable 1,382,975 1,340,325
Allowance for credit losses (25,899) (22,401)
Loans receivable, net 1,357,076 1,317,924
Loans held for sale 941 4,954
Mortgage servicing rights, net 3,453 3,494
Office properties and equipment, net 17,441 16,357
Accrued interest receivable 6,180 6,126
Intangible assets 169 395
Goodwill 31,498 31,498
Foreclosed and repossessed assets, net 850 857
Bank owned life insurance ("BOLI") 27,342 26,908
Other assets 22,975 21,730
TOTAL ASSETS 1,814,309 1,781,755
Liabilities:    
Deposits 1,554,417 1,524,099
Federal Home Loan Bank (“FHLB”) advances 0 0
Other borrowings 51,885 51,804
Other liabilities 16,659 17,913
Total liabilities 1,622,961 1,593,816
Stockholders’ Equity:    
Common stock—$0.01 par value, authorized 30,000,000; 9,650,231 and 9,617,245 shares issued and outstanding, respectively 97 96
Additional paid-in capital 110,454 110,315
Retained earnings 92,820 89,995
Accumulated other comprehensive loss (12,023) (12,467)
Total stockholders’ equity 191,348 187,939
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,814,309 $ 1,781,755