Debt Securities (Tables)

6 Months Ended

Jun. 30, 2026

Debt Securities

Schedule of Amortized Cost and Approximate Fair Values of Debt Securities

						Gross				Gross
		Amortized				Unrealized				Unrealized				Fair
		Cost				Gains				Losses				Value

At June 30, 2026:
Available for sale:
SBA Pool Securities		$	394			$	-			$	(9	)		$	385
Collateralized mortgage obligations			115				-				(14	)			101
Taxable municipal securities			16,597				-				(4,110	)			12,487
Mortgage-backed securities			15,971				-				(2,298	)			13,673
Total		$	33,077			$	-			$	(6,431	)		$	26,646

Held-to-maturity:
Collateralized mortgage obligations		$	208			$	-			$	(25	)		$	183
Total		$	208			$	-			$	(25	)		$	183

At December 31, 2025:
Available for sale:
SBA Pool Securities		$	439			$	-			$	(10	)		$	429
Collateralized mortgage obligations			118				-				(12	)			106
Taxable municipal securities			16,616				-				(3,990	)			12,626
Mortgage-backed securities			14,156				-				(2,133	)			12,023
Total		$	31,329			$	-			$	(6,145	)		$	25,184

Held-to-maturity:
Collateralized mortgage obligations		$	214			$	-			$	(24	)		$	190
Total		$	214			$	-			$	(24	)		$	190

Schedule of Debt Securities Available for Sale with Gross Unrealized Losses, by Investment Category

Debt securities available for sale with gross unrealized losses, aggregated by investment category and length of time that individual debt securities have been in a continuous loss position, is as follows (dollars in thousands):

		Over Twelve Months								Less Than Twelve Months
		Gross								Gross
		Unrealized				Fair				Unrealized				Fair
		Losses				Value				Losses				Value
At June 30, 2026:
Available for Sale:
SBA Pool Securities		$	(9	)		$	385			$	-			$	-
Collateralized mortgage obligation			(14	)			101				-				-
Taxable municipal securities			(4,110	)			12,487				-				-
Mortgage-backed securities			(2,130	)			9,147				(168	)			4,526
Total		$	(6,263	)		$	22,120			$	(168	)		$	4,526

		Over Twelve Months								Less Than Twelve Months
		Gross								Gross
		Unrealized				Fair				Unrealized				Fair
		Losses				Value				Losses				Value

At December 31, 2025:
Available for Sale:
SBA Pool Securities		$	(10	)		$	429			$	-			$	-
Collateralized mortgage obligation			(12	)			106				-				-
Taxable municipal securities			(3,990	)			12,626				-				-
Mortgage-backed securities			(2,133	)			12,023				-				-
Total		$	(6,145	)		$	25,184			$	-			$	-