Investment Securities (Tables)
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6 Months Ended |
Jun. 30, 2025 |
Investment Securities [Abstract] |
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Amortized Cost And Estimated Fair Value Of Available-For-Sale Investment Securities |
| | | | | | | | | | | | | | | June 30, 2025 | (In thousands) | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | Available-for-sale securities | | | | | | | | | | | | | U.S. agencies | | $ | 526 | | $ | – | | $ | (26) | | $ | 500 | Commercial mortgage-backed securities | | | 5,075 | | | 4 | | | (229) | | | 4,850 | Residential mortgage-backed securities | | | 345,909 | | | – | | | (63,025) | | | 282,884 | U.S. states and political subdivisions | | | 4,706 | | | 31 | | | (163) | | | 4,574 | Total available-for-sale securities | | $ | 356,216 | | $ | 35 | | $ | (63,443) | | $ | 292,808 | | | | | | | | | | | | | | | | December 31, 2024 | (In thousands) | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | Available-for-sale securities | | | | | | | | | | | | | U.S. agencies | | $ | 578 | | $ | – | | $ | (40) | | $ | 538 | Commercial mortgage-backed securities | | | 3,161 | | | – | | | (298) | | | 2,863 | Residential mortgage-backed securities | | | 360,713 | | | – | | | (72,252) | | | 288,461 | U.S. states and political subdivisions | | | 4,703 | | | 57 | | | (66) | | | 4,694 | Total available-for-sale securities | | $ | 369,155 | | $ | 57 | | $ | (72,656) | | $ | 296,556 | | | | | | | | | | | | | |
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Summary Of Investment Securities With Unrealized Losses |
| | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or More | | Total | June 30, 2025 | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | | | | | | | | | | | | | | | | | | | U.S. agencies | | $ | – | | $ | – | | $ | 500 | | $ | (26) | | $ | 500 | | $ | (26) | Commercial mortgage-backed securities | | | 2,919 | | | (38) | | | 1,191 | | | (191) | | | 4,110 | | | (229) | Residential mortgage-backed securities | | | 2,479 | | | (12) | | | 280,405 | | | (63,013) | | | 282,884 | | | (63,025) | U.S. states and political subdivisions | | | 3,548 | | | (163) | | | – | | | – | | | 3,548 | | | (163) | Total available-for-sale | | $ | 8,946 | | $ | (213) | | $ | 282,096 | | $ | (63,230) | | $ | 291,042 | | $ | (63,443) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or More | | Total | December 31, 2024 | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | | | | | | | | | | | | | | | | | | | U.S. agencies | | $ | – | | $ | – | | $ | 538 | | $ | (40) | | $ | 538 | | $ | (40) | Commercial mortgage-backed securities | | | 1,691 | | | (54) | | | 1,172 | | | (244) | | | 2,863 | | | (298) | Residential mortgage-backed securities | | | 2,460 | | | (46) | | | 286,001 | | | (72,206) | | | 288,461 | | | (72,252) | U.S. states and political subdivisions | | | 2,637 | | | (66) | | | – | | | – | | | 2,637 | | | (66) | Total available-for-sale | | $ | 6,788 | | $ | (166) | | $ | 287,711 | | $ | (72,490) | | $ | 294,499 | | $ | (72,656) |
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Contractual Maturities Of Investment Securities |
| | | | | | | Available-for-sale | | Amortized Cost | | Fair Value | Due in one year or less | $ | – | | $ | – | Due after one year through five years | | – | | | – | Due after five years through 10 years | | 526 | | | 500 | Due after 10 years | | 4,706 | | | 4,574 | | | 5,232 | | | 5,074 | Investment securities not due at a single maturity date: mortgage-backed securities | | 350,984 | | | 287,734 | | $ | 356,216 | | $ | 292,808 |
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