v3.26.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 5,932 $ 9,872
Interest-bearing deposits at other financial institutions 39,277 50,397
Total cash and cash equivalents 45,209 60,269
Securities available for sale, at fair value (amortized cost of $353,751 and $336,347, respectively) 338,035 326,346
Loans held for investment 745,523 743,956
Less: allowance for credit losses (6,814) (6,289)
Loans held for investment, net 738,709 737,667
Federal Home Loan Bank stock, at cost 5,395 3,650
Bank owned life insurance 14,164 15,341
Accrued interest receivable 5,667 5,688
Premises and equipment, net 55,599 57,105
Other real estate owned 3,055 1,349
Mortgage servicing rights 898 904
Prepaid expenses 2,012 1,908
Other assets 16,721 15,299
Assets from discontinued operations, at fair value 180 29,880
Total assets 1,225,644 1,255,406
Deposits:    
Non-interest bearing 128,196 133,506
Interest bearing 682,779 707,897
Total deposits 810,975 841,403
Advances by borrowers for taxes and insurance 6,587 6,298
Other borrowings 111,186 78,257
Accrued interest payable 511 392
Other liabilities 11,095 11,063
Liabilities from discontinued operations, at fair value 1,474 3,543
Total liabilities 941,828 940,956
Stockholders' Equity:    
Preferred stock, $0.01 par value - 5,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value - 120,000,000 shares authorized; 16,068,375 and 18,089,741 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 161 181
Additional paid-in capital 144,997 171,503
Unearned ESOP shares - 1,428,300 and 1,460,040 shares as of June 30, 2026 and December 31, 2025, respectively (16,140) (16,498)
Retained earnings 167,214 167,165
Accumulated other comprehensive income (loss) (12,416) (7,901)
Total stockholders' equity 283,816 314,450
Total liabilities and stockholders' equity $ 1,225,644 $ 1,255,406