Net income for the fiscal year ended December 31, 2025, reached $8,332,000, representing a 53% increase from $5,441,000 in 2024. Total Shareholder Return (TSR) improved to $117 based on a $100 initial investment, up from $110 in the previous year. The company is progressing toward a merger with Fidelity BancShares (N.C.), Inc. and The Fidelity Bank. Executive officers have entered into settlement and restrictive covenant agreements triggered by the proposed merger, involving significant cash payments. The Board of Directors consists of nine members, with eight classified as independent under Nasdaq standards.