v3.26.1
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2026
Long-Term Debt [Abstract]  
Schedule of Components of FHLB Advances and Notes Payable

FHLB advances and notes payable consisted of the following components as of the dates indicated:

 

   June 30,   December 31, 
   2026   2025 
FHLB advances, principal and interest payments at fixed interest rates from 0.69% to 5.03%  $61,189,272   $60,552,956 
           
Trust Preferred Securities, interest payment due quarterly at SOFR plus 2.4%.   
-
    5,576,896 
           
PBD Promissory Note, payments due quarterly at 3.75%, maturing September 2026.   12,057,951    12,457,509 
           
Total  $73,247,223   $78,587,361 
Schedule of Aggregate Annual Maturities of Long-Term Debt

The aggregate annual maturities of the Company’s long-term debt on June 30, 2026, were:

 

   Debt 
Remainder of 2026  $17,245,892 
2027   4,760,018 
2028   4,844,774 
2029   4,923,364 
2030   7,544,679 
Thereafter   33,928,496 
   $73,247,223