Securities (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Securities [Abstract] |
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| Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio |
The following tables summarize the amortized cost and fair value of the Company’s available-for-sale securities portfolio at September 30, 2026 and December 31, 2025, and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive loss:
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Amortized Cost |
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Gross
Unrealized
Gains |
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Gross
Unrealized
Losses |
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Fair Value |
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September 30, 2026 (unaudited) |
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Corporate debt |
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$ |
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9,987 |
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$ |
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— |
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$ |
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2,037 |
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$ |
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7,950 |
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Issued by U.S. government-sponsored entities and agencies: |
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U.S. Treasury |
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1,000 |
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— |
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4 |
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996 |
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Collateralized mortgage obligations |
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8,377 |
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— |
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791 |
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7,586 |
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Total |
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$ |
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19,364 |
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$ |
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— |
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$ |
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2,832 |
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$ |
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16,532 |
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Amortized Cost |
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Gross
Unrealized
Gains |
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Gross
Unrealized
Losses |
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Fair Value |
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December 31, 2025 |
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Corporate debt |
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$ |
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9,985 |
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$ |
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— |
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$ |
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1,585 |
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$ |
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8,400 |
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Issued by U.S. government-sponsored entities and agencies: |
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U.S. Treasury |
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998 |
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2 |
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— |
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1,000 |
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Collateralized mortgage obligations |
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8,248 |
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— |
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152 |
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8,096 |
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Total |
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$ |
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19,231 |
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$ |
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2 |
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$ |
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1,737 |
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$ |
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17,496 |
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| Securities Classified By Maturity Date |
The amortized cost and fair value of debt securities at September 30, 2026 and December 31, 2025 are shown in the table below by contractual maturity.
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September 30, 2026 |
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December 31, 2025 |
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(unaudited) |
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Amortized Cost |
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Fair Value |
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Amortized Cost |
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Fair Value |
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Due in one year or less |
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$ |
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1,000 |
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$ |
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996 |
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$ |
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998 |
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$ |
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1,000 |
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Due from one to five years |
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9,987 |
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7,950 |
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— |
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— |
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Due from five to ten years |
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— |
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— |
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9,985 |
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8,400 |
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Collateralized mortgage obligations |
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8,377 |
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7,586 |
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8,248 |
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8,096 |
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Total |
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$ |
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19,364 |
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$ |
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16,532 |
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$ |
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19,231 |
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$ |
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17,496 |
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| Fair Value Of Securities Pledged |
Fair value of securities pledged as collateral was as follows:
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September 30, 2026 |
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December 31, 2025 |
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(unaudited) |
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Pledged as collateral for: |
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Public deposits |
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747 |
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750 |
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Total |
$ |
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747 |
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$ |
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750 |
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| Securities With Unrealized Losses |
The following tables summarize securities with unrealized losses at September 30, 2026 and December 31, 2025, aggregated by major security type and length of time in a continuous unrealized loss position.
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September 30, 2026 (unaudited) |
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Less than 12 Months |
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12 Months or More |
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Total |
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Description of Securities |
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Fair Value |
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Unrealized
Loss |
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Fair Value |
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Unrealized
Loss |
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Fair Value |
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Unrealized
Loss |
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Corporate debt |
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$ |
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— |
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$ |
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— |
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$ |
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7,950 |
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$ |
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2,037 |
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$ |
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7,950 |
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$ |
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2,037 |
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Issued by U.S. government-sponsored entities and agencies: |
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U.S. Treasury |
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996 |
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4 |
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— |
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— |
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996 |
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4 |
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Collateralized mortgage obligations |
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7,586 |
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791 |
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— |
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— |
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7,586 |
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791 |
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Total temporarily impaired |
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$ |
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8,582 |
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$ |
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795 |
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$ |
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7,950 |
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$ |
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2,037 |
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$ |
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16,532 |
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$ |
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2,832 |
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December 31, 2025 |
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Less than 12 Months |
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12 Months or More |
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Total |
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Description of Securities |
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Fair Value |
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Unrealized
Loss |
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Fair Value |
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Unrealized
Loss |
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Fair Value |
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Unrealized
Loss |
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Corporate debt |
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$ |
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— |
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$ |
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— |
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$ |
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8,400 |
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$ |
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1,585 |
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$ |
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8,400 |
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$ |
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1,585 |
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Issued by U.S. government-sponsored
entities and agencies: |
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Collateralized mortgage obligations |
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8,096 |
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|
152 |
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— |
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— |
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8,096 |
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|
152 |
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Total temporarily impaired |
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$ |
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8,096 |
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$ |
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152 |
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$ |
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8,400 |
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$ |
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1,585 |
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$ |
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16,496 |
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$ |
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1,737 |
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