Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2026

Fair Values of Financial Instruments [Abstract]


			(Level 1)		(Level 2)
			Quoted Prices in		Significant		(Level 3)
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
Description	Total		Assets		Inputs		Inputs
As of June 30, 2026:
Securities
Debt Securities Available for Sale	$	148,428	$	-	$	148,428	$	-
Marketable Equities		3,851		3,851		-		-
Total Securities	$	152,279	$	3,851	$	148,428	$	-

As of December 31, 2025:
Securities
Debt Securities Available for Sale	$	126,395	$	-	$	126,395	$	-
Marketable Equities		9,172		9,172		-		-
Total Securities	$	135,567	$	9,172	$	126,395	$	-

Fair Value Measurements, Nonrecurring


			(Level 1)		(Level 2)
			Quoted Prices in		Significant		(Level 3)
			Active Markets		Other		Significant
			for Identical		Observable		Unobservable
Description	Total		Assets		Inputs		Inputs
As of June 30, 2026:
Individually Evaluated Loans	$	21,488	$	-	$	-	$	21,488
Other real estate owned	$	5,000	$	-	$	-	$	5,000
Loans Held for Sale	$	10,777	$	-	$	10,777	$

As of December 31, 2025:
Individually Evaluated Loans	$	20,206	$	-	$	-	$	20,206
Other real estate owned	$	5,000	$	-	$	-	$	5,000

Quantitative Information About Level 3 Fair Value Measurements


Quantitative Information about Level 3 Fair Value Measurements
		Fair Value	Valuation	Unobservable
		Estimate	Techniques	Input	Range
June 30, 2026:
Individually Evaluated Loans	$	21,488	Appraisal of collateral (1)	Appraisal adjustments (2)	0%-10%
Other real estate owned	$	5,000	Appraisal of collateral (1)	Appraisal adjustments (2)	5%


		Fair Value	Valuation	Unobservable
		Estimate	Techniques	Input	Range
December 31, 2025:
Individually Evaluated Loans	$	20,206	Appraisal of collateral (1)	Appraisal adjustments (2)	0%-10%
Other real estate owned	$	5,000	Appraisal of collateral (1)	Appraisal adjustments (2)	5%

(1)Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not objectively determinable.

(2)Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.

Carrying Values and Estimated Fair Values of Financial Instruments


		As of June 30, 2026

					Quoted Prices in Active		Significant		Significant
	Carrying				Markets for Identical Assets		Other Observable Inputs		Unobservable Inputs
	Value		Fair Value		(Level 1)		(Level 2)		(Level 3)

	(In Thousands)
Financial assets:
Cash and cash equivalents	$	196,887	$	196,887	$	196,887	$	-	$	-
Interest-earning time deposits		735		735		-		735		-
Debt securities available-for-sale		148,428		148,428		-		148,428		-
Equity investments		3,851		3,851		3,851		-		-
Loans held for sale		10,777		10,777		-		10,777		-
Loans receivable, net		2,587,984		2,537,244		-		-		2,537,244
FHLB of New York stock, at cost		9,048		9,048		-		9,048		-
Accrued interest receivable		14,661		14,661		-		14,661		-

Financial liabilities:
Deposits		2,636,023		2,635,533		1,709,725		925,808		-
Debt		125,000		125,306		-		125,306		-
Subordinated debentures		43,335		40,198		-		40,198		-
Accrued interest payable		3,417		3,417		-		3,417		-


		As of December 31, 2025

					Quoted Prices in Active		Significant		Significant
	Carrying				Markets for Identical Assets		Other Observable Inputs		Unobservable Inputs
	Value		Fair Value		(Level 1)		(Level 2)		(Level 3)

	(In Thousands)
Financial assets:
Cash and cash equivalents	$	276,584	$	276,584	$	276,584	$	-	$	-
Interest-earning time deposits		735		735		-		735		-
Debt securities available-for-sale		126,395		126,395		-		126,395		-
Equity investments		9,172		9,172		9,172		-		-
Loans receivable, net		2,691,091		2,643,200		-		-		2,643,200
FHLB of New York stock, at cost		14,176		14,176		-		14,176		-
Accrued interest receivable		13,834		13,834		-		13,834		-

Financial liabilities:
Deposits		2,673,573		2,674,494		1,702,109		972,385		-
Debt		235,000		236,514		-		236,514		-
Subordinated debentures		43,210		40,034		-		40,034		-
Accrued interest payable		4,056		4,056		-		4,056		-