Fair Value Measurements (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Fair Value Measurements |
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| Schedule of assets and liabilities measured at fair value on a recurring basis |
| | | | | | | | | | | | | | | June 30, 2026 | | | | | | | | | | | | Total | | | Fair Value Measurements | | Estimated | (in thousands) | | Level 1 | | Level 2 | | Level 3 | | Fair Value | Investment Securities Available-for-Sale | | | | | | | | | | | | | U.S. Government Agencies | | $ | — | | $ | 991 | | $ | — | | $ | 991 | Mortgage-Backed Securities | | | — | | | 78,804 | | | — | | | 78,804 | Collateralized Mortgage Obligations | | | — | | | 1,604 | | | — | | | 1,604 | Corporate Bonds | | | — | | | 12,807 | | | — | | | 12,807 | | | | | | | | | | | | | | Total | | $ | — | | $ | 94,206 | | $ | — | | $ | 94,206 |
| | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | Total | | | Fair Value Measurements | | Estimated | (in thousands) | | Level 1 | | Level 2 | | Level 3 | | Fair Value | Investment Securities Available-for-Sale | | | | | | | | | | | | | U.S. Government Agencies | | $ | — | | $ | 996 | | $ | — | | $ | 996 | Mortgage-Backed Securities | | | — | | | 83,577 | | | — | | | 83,577 | Collateralized Mortgage Obligations | | | — | | | 1,879 | | | — | | | 1,879 | Corporate Bonds | | | — | | | 12,625 | | | — | | | 12,625 | | | | | | | | | | | | | | Total | | $ | — | | $ | 99,077 | | $ | — | | $ | 99,077 |
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| Schedule of assets and liabilities measured at fair value on a non-recurring basis |
| | | | | | | | | | | | | | | June 30, 2026 | | | | | | | | | | | | Total | | | Fair Value Measurements | | Estimated | (in thousands) | | Level 1 | | Level 2 | | Level 3 | | Fair Value | Assets | | | | | | | | | | | | | Collateral Dependent Loans | | $ | — | | $ | — | | $ | 1,048 | | $ | 1,048 | Real Estate Owned | | | — | | | — | | | 45 | | | 45 | | | | | | | | | | | | | | Total | | $ | — | | $ | — | | $ | 1,093 | | $ | 1,093 |
| | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | Total | | | Fair Value Measurements | | Estimated | (in thousands) | | Level 1 | | Level 2 | | Level 3 | | Fair Value | Assets | | | | | | | | | | | | | Collateral Dependent Loans | | $ | — | | $ | — | | $ | 1,251 | | $ | 1,251 | Real Estate Owned | | | — | | | — | | | 42 | | | 42 | | | | | | | | | | | | | | Total | | $ | — | | $ | — | | $ | 1,293 | | $ | 1,293 |
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| Schedule of significant unobservable inputs used in the fair value measurement of Level 3 assets |
| | | | | | | | | | | Valuation | | Unobservable | | Range of | | Weighted Average | June 30, 2026 | | Technique | | Inputs | | Discount | | Discount | Collateral Dependent Loans | | Third-party appraisals and discounted cash flows | | Collateral discounts and estimated costs to sell | | 6% - 10% | | 6% | Real Estate Owned | | Third-party appraisals, sales contracts or brokered price options | | Collateral discounts and estimated costs to sell | | 6% - 10% | | 6% |
| | | | | | | | | | | Valuation | | Unobservable | | Range of | | Weighted Average | December 31, 2025 | | Technique | | Inputs | | Discount | | Discount | Collateral Dependent Loans | | Third-party appraisals and discounted cash flows | | Collateral discounts and estimated costs to sell | | 6% - 10% | | 6% | Real Estate Owned | | Third-party appraisals, sales contracts or brokered price options | | Collateral discounts and estimated costs to sell | | 6% - 10% | | 6% |
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| Schedule of carrying amount and estimated fair value of financial instruments |
| | | | | | | | | | | | | | | June 30, 2026 | | | Carrying | | Fair Value Measurements | (in thousands) | | Value | | Level 1 | | Level 2 | | Level 3 | Financial Assets | | | | | | | | | | | | | Cash and Cash Equivalents | | $ | 19,161 | | $ | 19,161 | | $ | — | | $ | — | Investment Securities Available-for-Sale | | | 94,206 | | | — | | | 94,206 | | | — | Restricted Stock | | | 946 | | | — | | | — | | | 946 | Loans Receivable, Net | | | 393,357 | | | — | | | — | | | 348,327 | | | | | | | | | | | | | | | | | | | | | | | | | | | Financial Liabilities | | | | | | | | | | | | | Deposits | | | 391,606 | | | — | | | — | | | 346,227 |
| | | | | | | | | | | | | | | December 31, 2025 | | | Carrying | | Fair Value Measurements | (in thousands) | | Value | | Level 1 | | Level 2 | | Level 3 | Financial Assets | | | | | | | | | | | | | Cash and Cash Equivalents | | $ | 33,852 | | $ | 33,852 | | $ | — | | $ | — | Investment Securities Available-for-Sale | | | 99,077 | | | — | | | 99,077 | | | — | Restricted Stock | | | 935 | | | — | | | — | | | 935 | Loans Receivable, Net | | | 376,391 | | | — | | | — | | | 329,594 | | | | | | | | | | | | | | Financial Liabilities | | | | | | | | | | | | | Deposits | | | 393,162 | | | — | | | — | | | 353,299 |
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