v3.26.1
Loans Held for Investment
6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Loans Held for Investment

Note 6 – Loans Held for Investment

The composition of net loans held for investment by class as of June 30, 2026 and December 31, 2025 was as follows:

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

(dollars in thousands)

 

Commercial

 

 

 

 

 

 

Commercial

 

$

110,491

 

 

$

110,088

 

Real estate - commercial

 

 

253,108

 

 

 

255,850

 

Other real estate construction loans

 

 

64,119

 

 

 

57,247

 

Other loans

 

 

5,089

 

 

 

4,683

 

Noncommercial

 

 

 

 

 

 

Real estate 1-4 family construction

 

 

20,447

 

 

 

19,453

 

Real estate - residential

 

 

152,162

 

 

 

158,556

 

Home equity

 

 

76,779

 

 

 

73,262

 

Consumer loans

 

 

9,225

 

 

 

9,611

 

 

 

 

691,420

 

 

 

688,750

 

Less:

 

 

 

 

 

 

Allowance for credit losses

 

 

(5,986

)

 

 

(6,420

)

Deferred loan costs, net

 

 

811

 

 

 

812

 

Loans held for investment, net

 

$

686,245

 

 

$

683,142