v3.26.1
Loans And Allowance For Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2026
Loans And Allowance For Credit Losses [Abstract]  
Summary Of Loans, Net

As of

As of

June 30, 2026

December 31, 2025

Commercial

$                     71,029

$                     66,394

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

168,429

150,085

Commercial Mortgages-Non-Owner Occupied

200,497

215,301

Commercial Construction/Land

35,455

16,339

Consumer:

Consumer Open-End

66,709

63,070

Consumer Closed-End

23,056

25,092

Residential:

Residential Mortgages

104,219

105,927

Residential Consumer Construction/Land

23,287

25,599

Total loans

$ 692,681 

$ 667,807 

Less allowance for credit losses

6,597

6,450

Net loans

$                   686,084

$                   661,357
Amortized Cost Basis Of Collateral Dependent Loans

Collateral Dependent Loans

June 30, 2026

Business/Other Assets

Real Estate

Commercial

$                          2,881

$                                 -

Commercial Real Estate

-

4,491

Consumer

-

450

Residential

-

1,399

Total

$                          2,881

$                          6,340

Collateral Dependent Loans

December 31, 2025

Business/Other Assets

Real Estate

Commercial

$                          2,661

$                                 -

Commercial Real Estate

-

5,434

Consumer

-

566

Residential

-

1,577

Total

$                          2,661

$                          7,577
Allowance For Credit Losses And Recorded Investment In Loans

The following tables present the activity in the allowance for credit losses for the three and six-month periods ended and the distribution of the allowance by segment as of June 30, 2026, and 2025 (dollars in thousands).

Allowance for Credit Losses

As of and For the Three Months Ended June 30, 2026

Commercial

2026

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, March 31, 2026

$          678 

$            3,204 

$         736 

$        1,583 

$      6,201 

Charge-Offs

(12)

-

(78)

-

(90)

Recoveries

-

-

76 

-

76 

Provision for (recovery of) credit losses

144 

283 

53 

(70)

410 

Ending Balance, June 30, 2026

$          810 

$            3,487 

$         787 

$        1,513 

$      6,597 

Allowance for Credit Losses

As of and For the Six Months Ended June 30, 2026

Commercial

2026

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2025

$          697 

$            3,262 

$         839 

$        1,652 

$      6,450 

Charge-Offs

(12)

-

(300)

-

(312)

Recoveries

53 

-

88 

-

141 

Provision for (recovery of) credit losses

72 

225 

160 

(139)

318 

Ending Balance, June 30, 2026

$          810 

$            3,487 

$         787 

$        1,513 

$      6,597 

Allowance for Credit Losses

As of and For the Three Months Ended June 30, 2025

Commercial

2025

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, March 31, 2025

$          532 

$            3,915 

$         837 

$        1,737 

$      7,021 

Charge-Offs

-

-

(160)

-

(160)

Recoveries

1 

-

1 

-

2 

Provision for (recovery of) credit losses

214 

(868)

121 

(22)

(555)

Ending Balance, June 30, 2025

$          747 

-

$            3,047 

$         799 

$        1,715 

$      6,308 


‎

Note 8 – Loans and allowance for credit losses (continued)

Allowance for Credit Losses

As of and For the Six Months Ended June 30, 2025

Commercial

2025

Commercial

Real Estate

Consumer

Residential

Total

Allowance for Credit Losses:

Beginning Balance, December 31, 2024

$          686 

$            3,719 

$         842 

$        1,797 

$      7,044 

Charge-Offs

-

-

(212)

(9)

$       (221)

Recoveries

5 

1 

7 

-

$           13 

Provision for (recovery of) credit losses

56 

(673)

162 

(73)

$       (528)

Ending Balance, June 30, 2025

$          747 

$            3,047 

$         799 

$        1,715 

$      6,308 
Amortized Cost Basis By Origination Year
‎

Note 8 – Loans and allowance for credit losses (continued)

The table below details the amortized cost of the classes of loans by credit quality indicator and year of origination as of June 30, 2026 (dollars in thousands).

Term Loans Amortized Cost Basis by Origination Year

2026

2025

2024

2023

2022

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial:

Risk Rating

Pass and monitor

$        7,910 

$      8,490 

$        4,371 

$       1,606 

$         932 

$      16,771 

$    27,966 

$            - 

$       68,046 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

890 

38 

427 

1,483 

145 

2,983 

Total

$        7,910 

$      8,490 

$        4,371 

$       2,496 

$         970 

$      17,198 

$    29,449 

$       145 

$       71,029 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass and monitor

$      30,261 

$    20,338 

$      17,613 

$       6,958 

$    17,136 

$      71,061 

$      1,349 

$         50 

$     164,766 

Special Mention

-

-

-

-

-

80 

-

-

80 

Substandard

-

-

-

-

-

3,583 

-

-

3,583 

Total

$      30,261 

$    20,338 

$      17,613 

$       6,958 

$    17,136 

$      74,724 

$      1,349 

$         50 

$     168,429 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass and monitor

$      10,531 

$    24,091 

$      33,879 

$     12,176 

$    37,690 

$      73,442 

$      7,780 

$            - 

$     199,589 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

908 

-

-

-

908 

Total

$      10,531 

$    24,091 

$      33,879 

$     12,176 

$    38,598 

$      73,442 

$      7,780 

$            - 

$     200,497 

Commercial Construction/Land

Risk Rating

Pass and monitor

$        3,278 

$    11,033 

$      15,224 

$          530 

$         362 

$        4,401 

$         627 

$            - 

$       35,455 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

-

-

Total

$        3,278 

$    11,033 

$      15,224 

$          530 

$         362 

$        4,401 

$         627 

$            - 

$       35,455 

Consumer:

Consumer - Open-End

Risk Rating

Pass and monitor

$                - 

$              - 

$               - 

$               - 

$              - 

$                - 

$    64,820 

$    1,603 

$       66,423 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

286 

286 

Total

$                - 

$              - 

$               - 

$               - 

$              - 

$                - 

$    64,820 

$    1,889 

$       66,709 

Consumer - Closed-End

Risk Rating

Pass and monitor

$        1,122 

$      1,905 

$        4,869 

$       2,914 

$      7,244 

$        4,783 

$              - 

$            - 

$       22,837 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

25 

-

100 

94 

-

-

219 

Total

$        1,122 

$      1,905 

$        4,894 

$       2,914 

$      7,344 

$        4,877 

$              - 

$            - 

$       23,056 

Residential:

Residential Mortgages

Risk Rating

Pass and monitor

$        8,310 

$    10,163 

$      15,352 

$     13,769 

$    18,612 

$      36,248 

$              - 

$            - 

$     102,454 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

27 

323 

1,415 

-

-

1,765 

Total

$        8,310 

$    10,163 

$      15,352 

$     13,796 

$    18,935 

$      37,663 

$              - 

$            - 

$     104,219 

Residential Consumer Construction/Land

Risk Rating

Pass and monitor

$        4,798 

$    13,159 

$        1,623 

$          314 

$         578 

$        2,515 

$         300 

$            - 

$       23,287 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

-

-

Total

$        4,798 

$    13,159 

$        1,623 

$          314 

$         578 

$        2,515 

$         300 

$            - 

$       23,287 

Totals:

Risk Rating

Pass and monitor

$      66,210 

$    89,179 

$      92,931 

$     38,267 

$    82,554 

$    209,221 

$  102,842 

$    1,653 

$     682,857 

Special Mention

-

-

-

-

-

80 

-

-

80 

Substandard

-

-

25 

917 

1,369 

5,519 

1,483 

431 

9,744 

Total

$      66,210 

$    89,179 

$      92,956 

$     39,184 

$    83,923 

$    214,820 

$  104,325 

$    2,084 

$     692,681 


‎

Note 8 – Loans and allowance for credit losses (continued)

The table below details the amortized cost of the classes of loans by credit quality indicator and year of origination as of December 31, 2025 (dollars in thousands).

Term Loans Amortized Cost Basis by Origination Year

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

Risk Rating

Pass

$        9,761 

$        6,431 

$        2,628 

$        2,565 

$        3,920 

$      14,677 

$      23,694 

$             16 

$      63,692 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

878

8

33

459

1,179

145

2,702

Total

$        9,761 

$        6,431 

$        3,506 

$        2,573 

$        3,953 

$      15,136 

$      24,873 

$           161 

$      66,394 

Commercial Real Estate:

Commercial Mort. - Owner Occupied

Risk Rating

Pass

$      21,687 

$      19,783 

$        7,408 

$      17,560 

$      43,009 

$      34,709 

$        1,734 

$                - 

$    145,890 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

91

-

2,708

1,396

-

-

4,195

Total

$      21,687 

$      19,783 

$        7,499 

$      17,560 

$      45,717 

$      36,105 

$        1,734 

$                - 

$    150,085 

Commercial Mort. - Non-Owner Occupied

Risk Rating

Pass

$      31,054 

$      41,199 

$      12,425 

$      45,772 

$      24,705 

$      52,485 

$        6,738 

$                - 

$    214,378 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

923

-

-

-

-

923

Total

$      31,054 

$      41,199 

$      12,425 

$      46,695 

$      24,705 

$      52,485 

$        6,738 

$                - 

$    215,301 

Commercial Construction/Land

Risk Rating

Pass

$        4,056 

$        6,236 

$           543 

$           369 

$        2,595 

$        1,734 

$           490 

$                - 

$      16,023 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

316

-

-

-

316

Total

$        4,056 

$        6,236 

$           543 

$           369 

$        2,911 

$        1,734 

$           490 

$                - 

$      16,339 

Consumer:

Consumer - Open-End

Risk Rating

Pass

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      61,048 

$        1,415 

$      62,463 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

-

-

607

607

Total

$                - 

$                - 

$                - 

$                - 

$                - 

$                - 

$      61,048 

$        2,022 

$      63,070 

Consumer - Closed-End

Risk Rating

Pass

$        2,205 

$        5,579 

$        3,204 

$        8,256 

$           246 

$        5,359 

$                - 

$                - 

$      24,849 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

29

-

104

-

110

-

-

243

Total

$        2,205 

$        5,608 

$        3,204 

$        8,360 

$           246 

$        5,469 

$                - 

$                - 

$      25,092 

Residential:

Residential Mortgages

Risk Rating

Pass

$      11,007 

$      16,741 

$      17,196 

$      20,278 

$        7,312 

$      31,432 

$                - 

$                - 

$    103,966 

Special Mention

-

-

-

-

-

66

-

-

66

Substandard

-

-

29

493

-

1,373

-

-

1,895

Total

$      11,007 

$      16,741 

$      17,225 

$      20,771 

$        7,312 

$      32,871 

$                - 

$                - 

$    105,927 

Residential Consumer Construction/Land

Risk Rating

Pass

$      17,834 

$        2,550 

$           350 

$        1,285 

$           812 

$        2,398 

$           300 

$                - 

$      25,529 

Special Mention

-

-

-

-

-

-

-

-

-

Substandard

-

-

-

-

-

70

-

-

70

Total

$      17,834 

$        2,550 

$           350 

$        1,285 

$           812 

$        2,468 

$           300 

$                - 

$      25,599 

Totals:

Risk Rating

Pass

$      97,604 

$      98,519 

$      43,753 

$      96,085 

$      82,599 

$    142,795 

$      94,005 

$        1,430 

$    656,790 

Special Mention

-

-

-

-

-

66

-

-

66

Substandard

-

29

997

1,528

3,058

3,407

1,180

752

10,951

Total

$      97,604 

$      98,548 

$      44,750 

$      97,613 

$      85,657 

$    146,268 

$      95,185 

$        2,182 

$    667,807 
Gross Charge-Offs By Origination Year The following table details the gross charge-offs of loans by year of origination for the six months ended June 30, 2026 and the six months ended June 30, 2025 (dollars in thousands).

Current Period Gross Charge-Offs by Origination Year

Six Months Ended June 30, 2026

2026

2025

2024

2023

2022

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$            -

$            -

$            -

$            -

$            -

$              -

$            12

$         12

Commercial Real Estate:

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

-

-

-

-

-

-

-

-

-

Consumer Open-End

-

-

-

-

-

-

12

1

13

Consumer Closed-End

-

6

-

-

221

60

-

-

287

Residential:

-

-

-

-

-

-

-

-

-

Residential Mortgages

-

-

-

-

-

-

-

-

-

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$           6

$            -

$            -

$       221

$         60

$            12

$            13

$       312

Six Months Ended June 30, 2025

2025

2024

2023

2022

2021

Prior

Revolving Loans Amortized Cost Basis

Revolving Loans Converted to Term

Total

Commercial

$            -

$            -

$            -

$            -

$            -

$            -

$              -

$              -

$            -

Commercial Real Estate:

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

-

-

-

-

-

Commercial Construction/Land

-

-

-

-

-

-

-

-

-

Consumer:

-

-

-

-

-

-

-

-

-

Consumer Open-End

-

-

-

48

-

5

-

-

53

Consumer Closed-End

-

-

44

96

19

-

-

-

159

Residential:

-

-

-

-

-

-

-

-

-

Residential Mortgages

-

-

-

-

-

9

-

-

9

Residential Consumer Construction/Land

-

-

-

-

-

-

-

-

-

Total

$            -

$            -

$         44

$       144

$         19

$         14

$              -

$              -

$       221
Loans On Non-Accrual Status

June 30, 2026

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$              326

$               72

$        398

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

-

-

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

Commercial Construction/Land

-

-

-

Consumer

Consumer Open-End

130

-

130

Consumer Closed-End

87

-

87

Residential:

Residential Mortgages

476

-

476

Residential Consumer Construction/Land

-

-

-

Total

$           1,019

$               72

$     1,091

December 31, 2025

Nonaccrual Loans

With No Allowance

With an Allowance

Total

Commercial

$ 387

$ 72

$ 459

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

30

-

30

Commercial Mortgages-Non-Owner Occupied

-

-

-

Commercial Construction/Land

316

-

316

Consumer

Consumer Open-End

255

-

255

Consumer Closed-End

80

-

80

Residential:

Residential Mortgages

494

-

494

Residential Consumer Construction/Land

70

-

70

Total

$ 1,632

$ 72

$ 1,704
Age Analysis Of Past Due Financing Receivables

Age Analysis of Past Due Loans as of June 30, 2026

Recorded

Investment

2026

30-59 Days

60-89 Days

Greater than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

-

$

67

$

398

465

$

70,564

$

71,029

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

45

-

-

45

168,384

168,429

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

200,497

200,497

-

Commercial Construction/Land

-

-

-

-

35,455

35,455

-

Consumer:

Consumer Open-End

64

-

130

194

66,515

66,709

-

Consumer Closed-End

25

-

87

112

22,944

23,056

-

Residential:

Residential Mortgages

273

-

114

387

103,832

104,219

-

Residential Consumer Construction/Land

30

-

-

30

23,257

23,287

-

Total

$

437

$

67

$

729

$

1,233

$

691,448

$

692,681

$

-

Age Analysis of Past Due Loans as of December 31, 2025

Recorded

Investment

2025

30-59 Days

60-89 Days

Greater than

Total Past

Total

> 90 Days &

Past Due

Past Due

90 Days

Due

Current

Loans

Accruing

Commercial

$

118

$

13

446

$

577

$

65,817

$

66,394

$

-

Commercial Real Estate:

Commercial Mortgages-Owner Occupied

47

-

30

77

150,008

150,085

-

Commercial Mortgages-Non-Owner Occupied

-

-

-

-

215,301

215,301

-

Commercial Construction/Land

-

-

-

-

16,339

16,339

-

Consumer:

Consumer Open-End

217

132

75

424

62,646

63,070

-

Consumer Closed-End

42

93

80

215

24,877

25,092

-

Residential:

Residential Mortgages

1,698

183

29

1,910

104,017

105,927

-

Residential Consumer Construction/Land

-

-

70

70

25,529

25,599

-

Total

$

2,122

$

421

$

730

$

3,273

$

664,534

$

667,807

$

-
Allowance For Credit Losses On Unfunded Commitments

Allowance for Credit Losses on Unfunded Commitments

(in thousands)

Balance, March 31, 2026

$                           619

(Recovery of) credit losses

(60)

Balance June 30, 2026

$                           559

Balance, December 31, 2025

$                           673

(Recovery of) credit losses

(114)

Balance June 30, 2026

$                           559

Allowance for Credit Losses on Unfunded Commitments

(in thousands)

Balance, March 31, 2025

$                           652

Provision for credit losses

27

Balance June 30, 2025

$                           679

Balance, December 31, 2024

$                           543

Provision for credit losses

136

Balance June 30, 2025

$                           679