v3.26.1
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION  
Schedule of condensed balance sheet

  ​ ​ ​

2025

  ​ ​ ​

2024

ASSETS

 

  ​

 

  ​

Cash and cash equivalents

$

734

$

2,190

Investment in banking subsidiaries

 

78,400

 

72,036

Other assets

 

 

Total assets

 

79,134

 

74,226

LIABILITIES AND EQUITY

 

  ​

 

  ​

Debt

 

7,750

 

7,750

Accrued expenses and other liabilities

 

245

 

245

Total shareholders’ equity

 

71,139

 

66,231

Total liabilities and shareholders’ equity

$

79,134

$

74,226

Schedule of condensed income statement

  ​ ​ ​

2025

  ​ ​ ​

2024

INCOME

 

  ​

 

  ​

Dividends from Subsidiaries and equity in undistributed earnings

$

5,014

$

5,633

Other income

 

 

TOTAL INCOME

 

5,014

 

5,633

Interest expense

 

446

 

446

Other expenses

 

29

 

62

TOTAL EXPENSES

 

475

 

508

Income before income taxes

 

4,539

 

5,125

Tax benefit

 

 

(5)

NET INCOME

$

4,539

$

5,130

Schedule of condensed statement of cash flows

  ​ ​ ​

2025

  ​ ​ ​

2024

CASH FLOWS FROM OPERATING ACTIVITIES

Net income

$

4,539

$

5,130

Adjustments to reconcile net income to net cash

 

  ​

 

  ​

provided by operating activities:

 

  ​

 

  ​

Equity in undistributed earnings of subsidiaries

 

(5,015)

 

(2,783)

Change in other assets

 

 

483

Change in other liabilities

 

 

Net cash (used in) provided by operating activities

 

(476)

 

2,830

CASH FLOWS FROM FINANCING ACTIVITIES

 

  ​

 

  ​

Repayment of borrowings

 

 

Dividends paid

 

(980)

 

(980)

Net cash used in financing activities

 

(980)

 

(980)

NET CHANGE IN CASH AND CASH EQUIVALENTS

 

(1,456)

 

1,850

Cash and cash equivalents at beginning of year

 

2,190

 

340

CASH AND CASH EQUIVALENTS AT END OF YEAR

$

734

$

2,190