v3.26.1
INVESTMENT SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2026
Investment securities activity  
Schedule of securities amortized cost and estimated fair value
                    
   Gross   Gross   Estimated 
   Amortized   Unrealized   Unrealized   Fair 
(Dollars in thousands)  Cost   Gains   Losses   Value 
June 30, 2026
U.S. Treasuries  $6,077   $—   $150   $5,927 
U.S. Government agencies   9,322    30    408    8,944 
Municipal securities   24,193    2    4,505    19,690 
Corporate bonds   2,500    2    123    2,379 
Mortgage-backed securities   51,043    21    5,093    45,971 
Collateralized mortgage obligations guaranteed   16,454    9    764    15,699 
Total securities available-for-sale  $109,589   $64   $11,043   $98,610 
 
December 31, 2025
U.S. Treasuries  $5,597   $16   $153   $5,460 
U.S. Government agencies   9,482    49    372    9,159 
Municipal securities   24,217    4    4,224    19,997 
Corporate bonds   2,500    6    127    2,379 
Mortgage-backed securities   50,742    134    4,797    46,079 
Collateralized mortgage obligations guaranteed   13,854    70    565    13,359 
Total securities available-for-sale  $106,392   $279   $10,238   $96,433 
Schedule of fair value and gross unrealized losses on investment securities
                        
   Less than 12 Months   12 Months or More   Total 

(Dollars in thousands) 

  Fair
Value		   Unrealized  
Losses		   Fair  
Value		   Unrealized  
Losses		   Fair
Value		   Unrealized
Losses		 
June 30, 2026                        
U.S. Treasuries  $2,979   $20   $1,611   $130   $4,590   $150 
U.S. Government agencies   2,100    18    5,358    390    7,458    408 
Municipal securities   556    21    18,122    4,484    18,678    4,505 
Corporate bonds   —    —    1,877    123    1,877    123 
Mortgage-backed securities   8,082    124    32,270    4,969    40,352    5,093 
Collateralized mortgage obligations guaranteed   9,774    119    3,299    645    13,073    764 
Total  $23,491   $302   $62,537   $10,741   $86,028   $11,043 
                               
December 31, 2025                              
U.S. Treasuries  $—   $—   $4,444   $153   $4,444   $153 
U.S. Government agencies   814    1    4,469    371    5,283    372 
Municipal securities   946    110    18,036    4,114    18,982    4,224 
Corporate bonds   —    —    1,873    127    1,873    127 
Mortgage-backed securities   744    5    37,156    4,792    37,900    4,797 
Collateralized mortgage obligations guaranteed   3,076    5    3,699    560    6,775    565 
Total  $5,580   $121   $69,677   $10,117   $75,257   $10,238 
Schedule of amortized cost and fair value of investment securities contractual maturity
            
   Weighted 
(Dollars in thousands)  Amortized   Fair   Average 
Securities Available-for-Sale  Cost   Value   Yield 
Due in one year or less  $3,435   $3,397    1.75%
Due after one year through five years   12,630    12,220    3.21%
Due after five years through ten years   32,935    30,697    2.90%
Due after ten years   60,589    52,296    2.73%
Total  $109,589   $98,610    2.88%