v3.25.2
Securities (Tables)
 6 Months Ended
Jun. 30, 2025
Securities [Abstract]  
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities  

June 30, 2025

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

17,791

$

22

$

(1)

$

-

$

17,812

U.S. Government agencies

10,000

15

(454)

-

9,561

States and political subdivisions

106,469

-

(18,721)

-

87,748

Corporate obligations

3,535

27

(31)

-

3,531

Mortgage-backed securities-

government sponsored entities

300,002

2,064

(18,258)

-

283,808

Total debt securities

$

437,797

$

2,128

$

(37,465)

$

-

$

402,460

December 31, 2024

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

19,623

$

12

$

(37)

$

-

$

19,598

U.S. Government agencies

11,998

-

(634)

-

11,364

States and political subdivisions

106,677

-

(19,403)

-

87,274

Mortgage-backed securities-government

sponsored entities

301,992

115

(22,497)

-

279,610

Total debt securities

$

440,290

$

127

$

(42,571)

$

-

$

397,846
Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position

June 30, 2025

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

2,000

$

(1)

$

-

$

-

$

2,000

$

(1)

U.S. Government agencies

1,995

(5)

4,551

(449)

6,546

(454)

States and political subdivisions

684

-

86,073

(18,721)

86,757

(18,721)

Corporate obligations

2,004

(31)

-

-

2,004

(31)

Mortgage-backed securities-government sponsored entities

48,355

(477)

98,042

(17,781)

146,397

(18,258)

$

55,038

$

(514)

$

188,666

$

(36,951)

$

243,704

$

(37,465)

December 31, 2024

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

-

$

-

$

9,961

$

(37)

$

9,961

$

(37)

U.S. Government agencies

6,988

(10)

4,376

(624)

11,364

(634)

States and political subdivisions

1,164

(21)

85,620

(19,382)

86,784

(19,403)

Mortgage-backed securities-government sponsored entities

177,674

(1,313)

94,237

(21,184)

271,911

(22,497)

$

185,826

$

(1,344)

$

194,194

$

(41,227)

$

380,020

$

(42,571)
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

Available for Sale

Amortized Cost

Fair Value

(In Thousands)

Due in one year or less

$

13,765

$

13,767

Due after one year through five years

8,496

8,381

Due after five years through ten years

69,515

59,496

Due after ten years

46,019

37,008

137,795

118,652

Mortgage-backed securities-government sponsored entities

300,002

283,808

$

437,797

$

402,460