BORROWINGS AND BORROWING CAPACITY (Tables)

12 Months Ended

Dec. 31, 2025

FHLB advances and weighted average interest rates at end of period by contractual maturity are summarized as follows:


	Fixed Rate				Variable Rate
(Dollars in thousands)	Balance Outstanding		Weighted Average Interest Rate		Balance Outstanding		Weighted Average Interest Rate
2026	$	250,000	3.62	%	$	—	—	%
2027	—		—	%	$	30,000	4.07	%
	$	250,000	3.62	%	$	30,000	4.07	%

Information concerning FHLB advances is summarized as follows:


(Dollars in thousands)	December 31, 2025			December 31, 2024
Amount outstanding at end of the year	$	280,000		$	30,000
Weighted average interest rate at end of the year	3.67		%	4.79		%
Average daily balance during the year	$	208,014		$	120,369
Weighted average interest rate during the year	4.35		%	5.38		%
Maximum month-end balance during the year	$	355,000		$	280,000

The Company’s unused borrowing capacity with the FHLB is as follows:

The following provides a summary of the Company’s junior subordinated debentures:


(Dollars in thousands)	Face Value		Carrying Value		Maturity Date	Variable Interest Rate	Interest Rate At December 31, 2025
National Bancshares Capital Trust II	$	15,464	$	13,943	September 2033	Three Month SOFR + 3.26%	6.98%
National Bancshares Capital Trust III	17,526		14,132		July 2036	Three Month SOFR + 1.64%	5.81%
ColoEast Capital Trust I	5,155		4,010		September 2035	Three Month SOFR + 1.86%	5.55%
ColoEast Capital Trust II	6,700		5,151		March 2037	Three Month SOFR + 2.05%	5.74%
Valley Bancorp Statutory Trust I	3,093		2,953		September 2032	Three Month SOFR + 3.66%	7.35%
Valley Bancorp Statutory Trust II	3,093		2,802		July 2034	Three Month SOFR + 3.01%	6.72%
	$	51,031	$	42,991