v3.26.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 17,986 $ 15,530
Interest-earning deposits in banks 85,639 69,587
Investment securities available for sale, at fair value (amortized cost of $348,325 and $295,849, respectively) 310,188 270,310
Loans held for sale 300 1,063
Loans receivable (net of allowance for credit losses on loans of $16,388 and $16,987, respectively) 1,577,186 1,612,028
Federal Home Loan Bank ("FHLB") stock, at cost 13,211 13,105
Accrued interest receivable 8,197 6,498
Premises and equipment, net 9,270 8,464
Servicing rights on sold loans, at fair value 2,776 3,014
Bank-owned life insurance ("BOLI"), net 43,762 42,382
Equity and partnership investments 15,331 15,489
Goodwill and other intangible assets, net 1,062 1,062
Deferred tax asset, net 16,937 13,638
Right-of-use ("ROU") asset, net 14,975 15,596
Prepaid expenses and other assets 25,742 20,129
Total assets 2,142,562 2,107,895
LIABILITIES AND SHAREHOLDERS' EQUITY    
Deposits 1,634,408 1,599,101
Borrowings 311,694 308,143
Accrued interest payable 145 1,223
Lease liability, net 15,968 16,439
Accrued expenses and other liabilities 28,795 24,301
Advances from borrowers for taxes and insurance 2,716 1,424
Total liabilities 1,993,726 1,950,631
Shareholders' Equity    
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, $0.01 par value; 75,000,000 shares authorized; 9,508,205 and 9,467,925 shares issued and outstanding, respectively 95 95
Additional paid-in capital 94,075 93,803
Retained earnings 91,272 91,699
Accumulated other comprehensive loss, net of tax (31,165) (22,398)
Unearned employee stock ownership plan ("ESOP") shares (5,441) (5,935)
Total shareholders' equity 148,836 157,264
Total liabilities and shareholders' equity $ 2,142,562 $ 2,107,895