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EX-13 · Assets and Liabilities Measured on a Recurring Basis

Assets and Liabilities Measured on a Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are summarized below:

Fair Value Measurements at December 31, 2024, Using
Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government securities$168,030$—$—
U.S. Government sponsored entity securities—5,888—
Agency mortgage-backed securities, residential—94,202—
Interest rate swap derivatives—657—
Liabilities:
Interest rate swap derivatives—(657)—
Fair Value Measurements at December 31, 2023, Using
Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
Assets:
U.S. Government securities$50,297$—$—
U.S. Government sponsored entity securities—5,877—
Agency mortgage-backed securities, residential—106,084—
Interest rate swap derivatives—1,147—
Liabilities:
Interest rate swap derivatives—(1,147)—

Note O - Fair Value of Financial Instruments(continued)

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.