v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,082 $ 1,107
Adjustments to reconcile net income to net cash provided by operating activities:    
Investment securities amortization, net 32 41
Stock dividends from correspondent banks (15) (36)
Amortization of prepayment penalties on debt restructuring 54 90
Reversal of credit losses (174)  
Increase in cash surrender value of bank-owned life insurance (269) (237)
Stock-based compensation 514 410
Depreciation of premises and equipment 206 208
Net write-downs and losses on the sale of foreclosed assets 9 102
Deferred income tax 164 157
Increase in other assets (127) (121)
Increase (decrease) in other liabilities 143 (143)
Net cash provided by operating activities 1,619 1,578
Activity in available-for-sale securities:    
Proceeds from maturities, calls, and paydowns 4,049 1,517
Purchases   (1,266)
Activity in held-to-maturity securities:    
Proceeds from maturities, calls, and paydowns 89  
Purchases (6,022) (1,506)
Net decrease (increase) in loans 7,387 (591)
Proceeds from sale of foreclosed assets 20 29
Purchases of premises and equipment (4) (100)
Purchase of Federal Reserve Bank Stock (823)  
Proceeds from redemption of Federal Home Loan Bank Stock   1,171
Net cash provided by (used in) investing activities 4,696 (746)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in deposits 11,115 (3,463)
Borrowings from the Federal Home Loan Bank of Dallas 4,000  
Repayments of borrowings from Federal Home Loan Bank of Dallas (9,000)  
Repurchase of common stock (653) (1,608)
Net cash provided by (used in) financing activities 5,462 (5,071)
NET CHANGE IN CASH AND CASH EQUIVALENTS 11,777 (4,239)
CASH AND CASH EQUIVALENTS, beginning of period 25,205 44,295
CASH AND CASH EQUIVALENTS, end of period 36,982 40,056
SUPPLEMENTAL SCHEDULE OF NONCASH INVESTING ACTIVITIES    
Acquisition of real estate in settlement of loans   17
SUPPLEMENTAL SCHEDULE OF INTEREST PAID    
Cash paid for interest 1,999 1,969
Cash paid for income taxes $ 72 $ 39