v3.26.1
Commitments And Contingencies
6 Months Ended
Jun. 30, 2026
Commitments And Contingencies Disclosure [Abstract}  
Commitments And Contingencies Disclosure [Text Block]
NOTE 6:
COMMITMENTS AND CONTINGENT LIABILITIES
Contingent Liabilities
During the second quarter of 2026, the Company identified a loss contingency
in connection with the release of a mortgage
lien. Based on the facts known to management, the Company determined
that a loss was probable and reasonably estimable
and recorded a pre-tax accrual of $
390
thousand within other noninterest expense for the quarter and six months ended June
30, 2026, in accordance with applicable accounting guidance for
loss contingencies.
The Company has submitted a claim to its insurer for recovery.
As of June 30, 2026, the Company has not recorded a
receivable for any potential insurance recovery,
as the recognition criteria for a gain contingency under generally accepted
accounting principles have not yet been satisfied. Any recovery received from
the insurer will be recognized in the period
in which it is realized or realizable.