Securities (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| Securities [Abstract] |
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| Summary Of Securities Held-To-Maturity And Securities Available-For-Sale |
| | | | | | | | | | | June 30, 2025 | | | | Amortized | | Gross Unrealized | | | (in thousands) | Costs | | Gains | | (Losses) | | Fair Value | Held-to-Maturity | | | | | | | | U.S. agency obligations | $ 3,598 | | $ - | | $ (347) | | $ 3,251 | | | | | | | | | Available-for-sale | | | | | | | | U.S. agency obligations | 84,033 | | 243 | | (5,096) | | 79,180 | Mortgage-backed securities | 65,644 | | 24 | | (8,520) | | 57,148 | Municipals | 55,141 | | 21 | | (9,670) | | 45,492 | Corporates | 15,504 | | - | | (739) | | 14,765 | | $ 220,322 | | $ 288 | | $ (24,025) | | $ 196,585 | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | | Amortized | | Gross Unrealized | | | (in thousands) | Costs | | Gains | | (Losses) | | Fair Value | Held-to-Maturity | | | | | | | | U.S. agency obligations | $ 3,606 | | $ - | | $ (436) | | $ 3,170 | | | | | | | | | Available-for-sale | | | | | | | | U.S. agency obligations | 79,976 | | - | | (6,916) | | 73,060 | Mortgage-backed securities | 69,312 | | 9 | | (10,348) | | 58,973 | Municipals | 52,123 | | - | | (10,562) | | 41,561 | Corporates | 15,510 | | - | | (1,188) | | 14,322 | | $ 216,921 | | $ 9 | | $ (29,014) | | $ 187,916 |
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| Gross Unrealized Losses And Fair Value Of The Bank’s Investments |
| | | | | | | | | | | | | | | | | | June 30, 2025 | Less than 12 months | | More than 12 months | | Total | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | in thousands | Value | | Losses | | Value | | Losses | | Value | | Losses | | | | | | | | | | | | | | | | | | | Available-for-sale | | | | | | | | | | | | | | | | | | U.S. agency obligations | $ | 7,892 | | $ | 152 | | $ | 51,096 | | $ | 4,944 | | $ | 58,988 | | $ | 5,096 | Mortgage-backed securities | | 2,824 | | | 53 | | | 52,593 | | | 8,467 | | | 55,417 | | | 8,520 | Municipals | | 3,224 | | | 43 | | | 40,563 | | | 9,627 | | | 43,787 | | | 9,670 | Corporates | | - | | | - | | | 14,765 | | | 739 | | | 14,765 | | | 739 | | | | | | | | | | | | | | | | | | | | $ | 13,940 | | $ | 248 | | $ | 159,017 | | $ | 23,777 | | $ | 172,957 | | $ | 24,025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | Less than 12 months | | More than 12 months | | Total | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | in thousands | Value | | Losses | | Value | | Losses | | Value | | Losses | Available-for-sale | | | | | | | | | | | | | | | | | | U.S. agency obligations | $ | 11,455 | | $ | 324 | | $ | 61,606 | | $ | 6,592 | | $ | 73,061 | | $ | 6,916 | Mortgage-backed securities | | 4,026 | | | 176 | | | 54,207 | | | 10,172 | | | 58,233 | | | 10,348 | Municipals | | 1,847 | | | 31 | | | 39,714 | | | 10,531 | | | 41,561 | | | 10,562 | Corporates | | 7,392 | | | 608 | | | 6,930 | | | 580 | | | 14,322 | | | 1,188 | | | | | | | | | | | | | | | | | | | | $ | 24,720 | | $ | 1,139 | | $ | 162,457 | | $ | 27,875 | | $ | 187,177 | | $ | 29,014 |
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| Contractual Maturities Of Investment Securities |
| | | | Investment Portfolio in Maturities (in thousands) | June 30, 2025 | | Amortized | | | | Costs | | Fair Value | Held-to-maturity: | | | | Due in one year or less | $ - | | $ - | Due after one year through five years | 399 | | 383 | Due after five years through ten years | 2,019 | | 1,866 | Due after ten years | 1,180 | | 1,002 | | | | | Total securities Held-to-maturity | $ 3,598 | | $ 3,251 | | | | | | | | | | Amortized | | | | Costs | | Fair Value | Available-for-sale: | | | | Due in one year or less | $ 3,505 | | $ 3,481 | Due after one year through five years | 41,610 | | 39,258 | Due after five years through ten years | 77,795 | | 71,564 | Due after ten years | 97,412 | | 82,282 | | | | | Total securities Available-for-sale | $ 220,322 | | $ 196,585 |
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