Quarterly report [Sections 13 or 15(d)]

Borrowings (Tables)

v3.26.1
Borrowings (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Federal Home Loan Bank Advances Borrowed Funds
At March 31, 2026, and December 31, 2025, borrowed funds are summarized below:
(Dollars in thousands)
March 31,
2026		 December 31,
2025
FHLB Variable rate advance with outstanding rate of 3.79%, maturing June 24, 2026
 15,000  - 
FHLB Fixed rate advance with outstanding rate of 3.63%, maturing March 7, 2028 (1)
10,000  10,000 
FHLB Fixed rate advance with outstanding rate of 3.46%,
maturing June 26, 2028 (1)
-  10,000 
FHLB Fixed rate advance with outstanding rate of 3.84%, maturing February 28, 2029 (1)
15,000  15,000 
FHLB Fixed rate advance with outstanding rate of 3.74%, maturing February 28, 2029 (1)
10,000  10,000 
Total $ 50,000  $ 45,000 
(1) FHLB retains putable option to call these advances after a period of time.
Schedule of Federal Home Loan Bank Advances Borrowed Funds, Maturities
At March 31, 2026, scheduled maturities of borrowed funds were as follows:
(Dollars in thousands)
2026 $ 15,000 
2027 - 
2028 10,000 
2029 25,000 
2030 - 
2031 - 
Total $ 50,000