Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2026

Loans and Allowance for Credit Losses

Summary of the balances of loans and leases


		June 30,			December 31,
		2026			2025
Real estate
Construction and land		$	44,201		$	48,372
Farmland			25,773			17,085
1-4 Residential and multi-family			153,195			151,326
Commercial Real Estate			65,433			61,526
Total real estate			288,602			278,309
Agriculture			35			33
Commercial			9,833			8,813
Municipalities			15,163			14,890
Consumer and other			4,019			4,600
Subtotal			317,652			306,645
Less: allowance for credit losses			(3,576)			(3,440)
Loans and leases, net		$	314,076		$	303,205

Schedule of activity in the allowance for credit losses


			June 30, 2026
		Real Estate
Allowance for credit losses:		Construction and Land			Farmland			1-4 Residential & multi-family			Commercial real estate			Agriculture			Commercial			Municipalities			Consumer and other			Total
Three months ended
Beginning balance, April 1, 2026		$	591		$	150		$	1,350		$	751		$	1		$	424		$	99		$	71		$	3,437
Provision (credit) for credit losses			(48)			105			65			19			—			7			(2)			(1)			145
Loans charged-off			—			—			—			—			—			(3)			—			(9)			(12)
Recoveries			—			—			—			—			—			—			—			6			6
Balance, June 30, 2026		$	543		$	255		$	1,415		$	770		$	1		$	428		$	97		$	67		$	3,576
Six months ended
Balance, January 1, 2026		$	591		$	152		$	1,399		$	718		$	1		$	407		$	102		$	70		$	3,440
Provision (credit) for credit losses			(48)			103			16			52			—			24			(5)			9			151
Loans charged-off			—			—			—			—			—			(3)			—			(19)			(22)
Recoveries			—			—			—			—			—			—			—			7			7
Balance, June 30, 2026		$	543		$	255		$	1,415		$	770		$	1		$	428		$	97		$	67		$	3,576


			June 30, 2025
		Real Estate
Allowance for credit losses:		Construction and Land			Farmland			1-4 Residential & multi-family			Commercial real estate			Agriculture			Commercial			Municipalities			Consumer and other			Total
Three months ended
Beginning balance, April 1, 2025		$	661		$	77		$	1,376		$	619		$	1		$	359		$	93		$	87		$	3,273
Provision for credit losses			(108)			—			60			19			—			(3)			(1)			(4)			(37)
Loans charged-off			—			—			—			—			—			—			—			(11)			(11)
Recoveries			—			—			—			—			—			—			—			2			2
Balance, June 30, 2025		$	553		$	77		$	1,436		$	638		$	1		$	356		$	92		$	74		$	3,227
Six months ended
Balance, January 1, 2025		$	632		$	74		$	1,355		$	605		$	1		$	375		$	83		$	97		$	3,222
Provision for credit losses			(79)			3			84			33			—			(19)			9			(5)			26
Loans charged-off			—			—			(3)			—			—			—			—			(21)			(24)
Recoveries			—			—			—			—			—			—			—			3			3
Balance, June 30, 2025		$	553		$	77		$	1,436		$	638		$	1		$	356		$	92		$	74		$	3,227

Schedule of nonaccrual status within the loans portfolio


		June 30, 2026
		Nonaccrual without Allowance			Nonaccrual with Allowance			Loans Past Due Over 90 Days Still Accruing
Real estate
Construction and land		$	—		$	—		$	109
Farmland			—			—			—
1‑4 Residential & multi-family			938			—			—
Commercial real estate			38			—			—
Agriculture			—			—			—
Commercial			61			252			—
Municipalities			—			—			—
Consumer and other			3			—			—
Total		$	1,040		$	252		$	109


		December 31, 2025
		Nonaccrual without Allowance			Nonaccrual with Allowance			Loans Past Due Over 90 Days Still Accruing
Real estate
Construction and land		$	—		$	—		$	—
Farmland			—			—			—
1‑4 Residential & multi-family			968			—			—
Commercial real estate			42			—			—
Agriculture			—			—			—
Commercial			67			933			1
Municipalities			—			—			—
Consumer and other			4			—			—
Total		$	1,081		$	933		$	1

Schedule of collateral-dependent impaired loans


		June 30, 2026
		Real Estate			Accounts Receivable and Inventory			Other
Real estate
1-4 Residential & multi-family		$	1,054		$	—		$	—
Commercial real estate			38			—			—
Commercial			—			223			90
Consumer and other			—			—			3
Total		$	1,092		$	223		$	93


		December 31, 2025
		Real Estate			Accounts Receivable and Inventory			Other
Real estate
1-4 Residential & multi-family		$	1,090		$	—		$	—
Commercial real estate			42			—			—
Commercial			—			247			753
Consumer and other			—			—			3
Total		$	1,132		$	247		$	756

Schedule of internal classification and credit risk profile based on payment activity of the loan and lease portfolio


	June 30, 2026
	Term Loans Amortized Cost Basis by Origination Year
		2026			2025			2024			2023			2022			Prior			Total
Construction and land
Risk rating
Pass		$	8,670		$	15,756		$	13,980		$	730		$	1,417		$	1,553		$	42,106
Special mention			—			1,372			723			—			—			—			2,095
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	8,670		$	17,128		$	14,703		$	730		$	1,417		$	1,553		$	44,201
Farmland
Risk rating
Pass		$	9,358		$	8,379		$	2,854		$	2,206		$	1,350		$	1,415		$	25,562
Special mention			—			—			—			—			211			—			211
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	9,358		$	8,379		$	2,854		$	2,206		$	1,561		$	1,415		$	25,773
1-4 Residential & multi-family
Risk rating
Pass		$	10,389		$	12,310		$	10,584		$	20,405		$	16,046		$	74,247		$	143,981
Special mention			6,373			—			—			273			—			600			7,246
Substandard			—			91			—			671			—			1,206			1,968
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	16,762		$	12,401		$	10,584		$	21,349		$	16,046		$	76,053		$	153,195
Commercial real estate
Risk rating
Pass		$	4,401		$	16,161		$	11,952		$	12,845		$	4,801		$	14,582		$	64,742
Special mention			—			—			—			—			—			653			653
Substandard			—			—			—			—			—			38			38
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	4,401		$	16,161		$	11,952		$	12,845		$	4,801		$	15,273		$	65,433
Agriculture
Risk rating
Pass		$	16		$	—		$	—		$	19		$	—		$	—		$	35
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	16		$	—		$	—		$	19		$	—		$	—		$	35
Commercial
Risk rating
Pass		$	1,929		$	886		$	1,853		$	170		$	166		$	3,820		$	8,824
Special mention			—			—			—			27			—			—			27
Substandard			—			—			61			29			—			892			982
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,929		$	886		$	1,914		$	226		$	166		$	4,712		$	9,833
Current period gross charge-offs		$	—		$	3		$	—		$	—		$	—		$	—		$	3
Municipalities
Risk rating
Pass		$	633		$	5,800		$	7,984		$	746		$	—		$	—		$	15,163
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	633		$	5,800		$	7,984		$	746		$	—		$	—		$	15,163
Consumer and other
Risk rating
Pass		$	1,161		$	1,032		$	1,175		$	168		$	85		$	362		$	3,983
Special mention			—			28			3			—			—			—			31
Substandard			—			5			—			—			—			—			5
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,161		$	1,065		$	1,178		$	168		$	85		$	362		$	4,019
Current period gross charge-offs		$	16		$	3		$	—		$	—		$	—		$	—		$	19


	December 31, 2025
	Term Loans Amortized Cost Basis by Origination Year
		2025			2024			2023			2022			2021			Prior			Total
Construction and land
Risk rating
Pass		$	17,279		$	19,483		$	8,354		$	1,522		$	585		$	1,149		$	48,372
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	17,279		$	19,483		$	8,354		$	1,522		$	585		$	1,149		$	48,372
Current period gross charge-offs		$	—		$	—		$	453		$	—		$	—		$	—		$	453
Farmland
Risk rating
Pass		$	9,257		$	2,893		$	1,606		$	1,383		$	146		$	1,587		$	16,872
Special mention			—			—			—			213			—			—			213
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	9,257		$	2,893		$	1,606		$	1,596		$	146		$	1,587		$	17,085
1-4 Residential & multi-family
Risk rating
Pass		$	13,244		$	11,610		$	28,449		$	16,657		$	26,422		$	52,053		$	148,435
Special mention			—			—			275			—			243			352			870
Substandard			—			—			1,332			—			—			689			2,021
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	13,244		$	11,610		$	30,056		$	16,657		$	26,665		$	53,094		$	151,326
Current period gross charge-offs		$	—		$	—		$	3		$	—		$	—		$	—		$	3
Commercial real estate
Risk rating
Pass		$	13,786		$	13,486		$	13,042		$	4,925		$	6,605		$	8,974		$	60,818
Special mention			—			—			—			—			—			666			666
Substandard			—			—			—			—			—			42			42
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	13,786		$	13,486		$	13,042		$	4,925		$	6,605		$	9,682		$	61,526
Agriculture
Risk rating
Pass		$	—		$	—		$	26		$	—		$	7		$	—		$	33
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	—		$	—		$	26		$	—		$	7		$	—		$	33
Commercial
Risk rating
Pass		$	1,722		$	1,671		$	444		$	207		$	12		$	3,757		$	7,813
Special mention			—			—			—			—			—			—			—
Substandard			—			67			—			—			686			247			1,000
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,722		$	1,738		$	444		$	207		$	698		$	4,004		$	8,813
Current period gross charge-offs		$	—		$	8		$	—		$	—		$	—		$	—		$	8
Municipalities
Risk rating
Pass		$	5,964		$	8,131		$	795		$	—		$	—		$	—		$	14,890
Special mention			—			—			—			—			—			—			—
Substandard			—			—			—			—			—			—			—
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	5,964		$	8,131		$	795		$	—		$	—		$	—		$	14,890
Consumer and other
Risk rating
Pass		$	1,930		$	1,713		$	314		$	143		$	469		$	—		$	4,569
Special mention			21			3			3			—			—			—			27
Substandard			4			—			—			—			—			—			4
Doubtful			—			—			—			—			—			—			—
Loss			—			—			—			—			—			—			—
		$	1,955		$	1,716		$	317		$	143		$	469		$	—		$	4,600
Current period gross charge-offs		$	45		$	7		$	8		$	—		$	—		$	—		$	60

Schedule of delinquencies not on nonaccrual within the loan and lease portfolio


		June 30, 2026
		30-59 Days Past Due			60-89 Days Past Due			90 Days and Greater			Total Past Due			Current			Total Loans
Real estate
Construction and land		$	580		$	—		$	109		$	689		$	43,512		$	44,201
Farmland			—			—			—			—			25,773			25,773
1‑4 Residential & multi-family			369			506			762			1,637			151,558			153,195
Commercial real estate			5,980			—			—			5,980			59,453			65,433
Agriculture			—			—			—			—			35			35
Commercial			—			29			—			29			9,804			9,833
Municipalities			—			250			—			250			14,913			15,163
Consumer and other			9			—			—			9			4,010			4,019
Total		$	6,938		$	785		$	871		$	8,594		$	309,058		$	317,652


		December 31, 2025
		30-59 Days Past Due			60-89 Days Past Due			90 Days and Greater			Total Past Due			Current			Total Loans
Real estate
Construction and land		$	—		$	—		$	—		$	—		$	48,372		$	48,372
Farmland			—			—			—			—			17,085			17,085
1‑4 Residential & multi-family			113			49			—			162			151,164			151,326
Commercial real estate			—			—			—			—			61,526			61,526
Agriculture			—			—			—			—			33			33
Commercial			181			—			1			182			8,631			8,813
Municipalities			—			—			—			—			14,890			14,890
Consumer and other			22			3			—			25			4,575			4,600
Total		$	316		$	52		$	1		$	369		$	306,276		$	306,645