NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 5. LOANS, continued In accordance with accounting principles generally accepted in the United States of America, loans totaling w$ 6h2i l, 3e 0$54, 79 6, 599 i6n, 3n8o2n -wh eorme orgeevni eowu se dg raosu po sf wD eecr ee mr ebveire w3 1e ,d 2s0p2e4c i. f i cSaplel yc i ff oi cr li omapna li or ms se rnet saesr voef sDoefc e$m3 , b5 e2r1 ,3213, 22 0a 2n 5d $h 1e l, 2d 1a8g,a8i8n3s tws pe er ec i rf iecl al ot eadn tboa ltahne cs ee sl oo af n$ s6 ,a0s9 o3f, 0D9e3c ea mn db$e 1r 43, 15 ,1200, 52750afnodr 22 00 22 54 , arneds p2e0c2t i4v, erleys. pTe hc tei svee lrye. sIenrcvoems we he raes bi neveens treedc oi ng ni imz epda ior ne da l oc aa snhs bwaassi s$o7n2 , t6h8e6s, e3 0l o1a anns ds i$n4c3e , 3b7e 3i n, 7g 9p7l ai nc e 2d 0i2n5i ma npda i 2r e0d2 4s ,t ar teussp. e cTt hi vee layv. e rAalgl ei mb pa laai nr ecde liosannesceasssoafrDy.ecember 31, 2025 and 2024 have been evaluated to determine whether a specific loan loss reserve Icmo npcaei sr es ido nl otaonas bi on rcrl uo dwee rl oeaxnpse rwi ehnocsi ne gc foi nn at rnacci taul adl i ftf ei cruml tsi ehs a. vRee sbter eunc t ur er se tdr ul ocat un rs eadr ei na sau bmsaent noef ri mt hpaati r ge rda lnotasn as and totaled $1,771,368 and $8,135,619 at December 31, 2025 and 2024, respectively. The following is a schedule of loans that are considered restructured loans at December 31, 2025 and 2024: Commercial Construction Residential Real Estate & Land Agriculture Real Estate Other 2025: Number of contracts at end of year 0 1 1 3 0 Recorded investment at end of year $ Ǧ $ 599,564 $ 431,373 $ 740,430 $ Ǧ Lh oa va en ss up br es ev qi ouuesnl yt l yr edset rf auuc lttuerde d a n d $ Ǧ $ Ǧ $ 431,373 $ Ǧ $ Ǧ 2024: Number of contracts at end of year 0 0 5 0 1 Recorded investment at end of year $ Ǧ $ Ǧ $ 992,506 $ Ǧ $7,143,113 Lh oa va en ss up br es ev qi ouuesnl yt l yr edset rf auuc lttuerde d a n d $ 1,434,562 $ Ǧ $ 431,373 $ Ǧ $ Ǧ Ai ntcDl uedceedm ebxetre3n1d,i 2n 0g 2t5h,ef i ivnet el oraens ts wo nelrye pc oe rnisoidd,e rperdi ntcoi pbael rdees fter ur mc teunr te,dalnoda nisn. tTe hr eesct ornactees sr ieodnuscmt i oand.e Nboynteh eoBf at nh ke restructured loans were recorded as nonaccrual loans. There was one default on a loan previously restructured during 2025. In the determination of the allowance for loan losses, management considers restructured loans and subsequent defaults in these restructurings. Some loan modifications classified as restructured loans may not ultimately result in the full collection of pl orsi snecsi phaal vaenbde iennt ef ar ec tsot ,r ea ds imn tood oi f ui erdo, vaenrda l rl easl luol wt iann cpeo tf oe nr tl ioaal ni nl oc rs es ems eensttai ml l aotses. e sT. h eT hl eevseel op fo at ennyt irael- di necf ar eu ml t se nwt ial ll lmikaenlyagbeemeanffteqctueadrtberylyf.uture economic conditions. Loss exposure related to these loans is determined by
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