| Schedule of Fair Value Hierarchy for Financial Instruments |
The following tables present information about the level in the fair value hierarchy for the Company’s financial assets and liabilities, whether recognized or recorded at fair value or not as of the dates indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Fair Value Measurements Using: | | Carrying
Value | | Estimated
Fair Value | | Level 1 | | Level 2 | | Level 3 | | FINANCIAL ASSETS: | | | | | | | | | | | Cash and cash equivalents | $ | 120,072 | | | $ | 120,072 | | | $ | 120,072 | | | $ | — | | | $ | — | | | Available-for-sale securities | 7,575 | | | 7,575 | | | — | | | 7,575 | | | — | | | Held-to-maturity securities | 1,876 | | | 1,572 | | | — | | | 1,572 | | | — | | | Equity securities | 5,000 | | | 5,000 | | | — | | | — | | | 5,000 | | | Loans held-for-sale | 1,591 | | | 1,591 | | | — | | | 1,591 | | | — | | | Loans held-for-portfolio, net | 883,549 | | | 850,960 | | | — | | | — | | | 850,960 | | | | | | | | | | | | | Mortgage servicing rights | 4,277 | | | 4,277 | | | — | | | — | | | 4,277 | | | | | | | | | | | | | FINANCIAL LIABILITIES: | | | | | | | | | | | | | | | | | | | | | Time deposits | 298,045 | | | 298,072 | | | — | | | 298,072 | | | — | | | | | | | | | | | | | | | | | | | | | | | Subordinated notes | 7,822 | | | 8,227 | | | — | | | 8,227 | | | — | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Fair Value Measurements Using: | | Carrying
Value | | Estimated
Fair Value | | Level 1 | | Level 2 | | Level 3 | | FINANCIAL ASSETS: | | | | | | | | | | | Cash and cash equivalents | $ | 138,453 | | | $ | 138,453 | | | $ | 138,453 | | | $ | — | | | $ | — | | | Available-for-sale securities | 7,699 | | | 7,699 | | | — | | | 7,699 | | | — | | | Held-to-maturity securities | 1,892 | | | 1,578 | | | — | | | 1,578 | | | — | | | Loans held-for-sale | 542 | | | 542 | | | — | | | 542 | | | — | | | Loans held-for-portfolio, net | 896,928 | | | 868,356 | | | — | | | — | | | 868,356 | | | Mortgage servicing rights | 4,183 | | | 4,183 | | | — | | | — | | | 4,183 | | | | | | | | | | | | | FINANCIAL LIABILITIES: | | | | | | | | | | | | | | | | | | | | | Time deposits | 299,593 | | | 300,290 | | | — | | | 300,290 | | | — | | | Borrowings | 10,000 | | | 10,000 | | | — | | | 10,000 | | | — | | | Subordinated notes | 7,801 | | | 8,102 | | | — | | | 8,102 | | | — | |
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| Schedule of Fair value of Assets Measured on Recurring Basis |
The following tables present the balance of assets measured at fair value on a recurring basis as of the dates indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value at June 30, 2026 | | Description | Total | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | Municipal bonds | $ | 5,533 | | | $ | — | | | $ | 5,533 | | | $ | — | | | Agency mortgage-backed securities | 2,042 | | | — | | | 2,042 | | | — | | | | | | | | | | | Mortgage servicing rights | 4,277 | | | — | | | — | | | 4,277 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Fair Value at December 31, 2025 | | Description | Total | | Level 1 | | Level 2 | | Level 3 | | | | | | | | | | Municipal bonds | $ | 5,482 | | | $ | — | | | $ | 5,482 | | | $ | — | | | Agency mortgage-backed securities | 2,217 | | | — | | | 2,217 | | | — | | | | | | | | | | | Mortgage servicing rights | 4,183 | | | — | | | — | | | 4,183 | |
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| Schedule of Quantitative Information |
The following tables provide a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring basis as of the dates indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Financial Instrument | | | Valuation Technique | | | Unobservable Input(s) | | Range
(Weighted-Average) | | Mortgage Servicing Rights | | | Discounted cash flow | | | Prepayment speed assumption | | | 125%-579% (125%) | | | | | | | Discount rate | | | 9.0%-13.5% (10%) | | | | | | | Average debt service cost per residential loan | | | $96.00 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Financial Instrument | | | Valuation Technique | | | Unobservable Input(s) | | Range
(Weighted-Average) | | Mortgage Servicing Rights | | | Discounted cash flow | | | Prepayment speed assumption | | | 125%-368% (125%) | | | | | | | Discount rate | | | 9.0%-13.5% (10%) | | | | | | | Average debt service cost per residential loan | | | $96.00 |
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| Schedule of Fair value of Assets Measured on Nonrecurring Basis |
The following tables present the balance of assets measured at fair value on a nonrecurring basis at the dates indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value at June 30, 2026 | | Total | | Level 1 | | Level 2 | | Level 3 | | Equity securities | $ | 5,000 | | | $ | — | | | $ | — | | | $ | 5,000 | | | OREO and repossessed assets | 47 | | | — | | | — | | | 47 | | | Collateral dependent loans | 8,261 | | | — | | | — | | | 8,261 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Fair Value at December 31, 2025 | | Total | | Level 1 | | Level 2 | | Level 3 | | OREO and repossessed assets | $ | 344 | | | $ | — | | | $ | — | | | $ | 344 | | | Collateral dependent loans | 5,934 | | | — | | | — | | | 5,934 | |
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