| Schedule of Amortized Cost and Fair Values of Securities Available-for-Sale, with Gross Unrealized Gains and Losses |
The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | (dollars in thousands) | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Allowance for Credit Losses | | Fair Value | | | | | | | | | | | | | Available-for-sale: | | | | U.S. Treasury | | $ | 89,796 | | $ | — | | $ | (4,252) | | | $ | — | | $ | 85,544 | | U.S. government agency | | 42,399 | | 146 | | (1,123) | | | — | | 41,422 | | Municipal | | 152,144 | | 188 | | (12,062) | | | — | | 140,270 | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 364,567 | | 3,605 | | (7,377) | | | — | | 360,795 | | Agency commercial | | 127,004 | | 107 | | (7,174) | | | — | | 119,937 | | | | | | | | | | | | | Corporate | | 65,957 | | 621 | | (1,445) | | | — | | 65,133 | | Total available-for-sale | | $ | 841,867 | | $ | 4,667 | | $ | (33,433) | | $ | — | | $ | 813,101 | | | | | | | | | | | | | | December 31, 2025 | | (dollars in thousands) | | Amortized Cost | | Gross Unrecognized Gains | | Gross Unrecognized Losses | | Fair Value | | Allowance for Credit Losses | | | | | | | | | | | | | Held-to-maturity: | | | | U.S. government agency | | $ | 88,496 | | $ | — | | $ | (4,850) | | | $ | 83,646 | | $ | — | | Municipal | | 28,214 | | 353 | | (58) | | | 28,509 | | — | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 75,536 | | 23 | | (2,544) | | | 73,015 | | — | | Agency commercial | | 266,500 | | 25 | | (24,896) | | | 241,629 | | — | | Total held-to-maturity | | $ | 458,746 | | $ | 401 | | $ | (32,348) | | | $ | 426,799 | | $ | — |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | (dollars in thousands) | | Amortized Cost | | Gross
Unrealized
Gains | | Gross
Unrealized
Losses | | Allowance for Credit Losses | | Fair Value | | | | | | | | | | | | | Available-for-sale: | | | | U.S. Treasury | | $ | 119,690 | | $ | — | | $ | (8,545) | | | $ | — | | $ | 111,145 | | U.S. government agency | | 55,742 | | — | | (2,544) | | | — | | 53,198 | | Municipal | | 150,163 | | — | | (19,484) | | | — | | 130,679 | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 241,342 | | 253 | | (14,227) | | | — | | 227,368 | | Agency commercial | | 128,823 | | 3 | | (12,145) | | | — | | 116,681 | | Corporate | | 61,732 | | 156 | | (2,910) | | | — | | 58,978 | | Total available-for-sale | | $ | 757,492 | | $ | 412 | | $ | (59,855) | | $ | — | | $ | 698,049 | | | | | | | | | | | | | | December 31, 2024 | | (dollars in thousands) | | Amortized Cost | | Gross Unrecognized Gains | | Gross Unrecognized Losses | | Fair Value | | Allowance for Credit Losses | | | | | | | | | | | | | Held-to-maturity: | | | | U.S. government agency | | $ | 88,472 | | $ | — | | $ | (8,819) | | | $ | 79,653 | | $ | — | | Municipal | | 35,862 | | 48 | | (371) | | | 35,539 | | — | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 85,643 | | — | | (5,796) | | | 79,847 | | — | | Agency commercial | | 289,881 | | — | | (39,734) | | | 250,147 | | — | | Total held-to-maturity | | $ | 499,858 | | $ | 48 | | $ | (54,720) | | | $ | 445,186 | | $ | — |
The following table presents gross unrealized losses and fair value of debt securities available-for-sale that do not have an associated allowance for credit losses as of December 31, 2025 and December 31, 2024, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Investments in a Continuous Unrealized Loss Position | | | Less than 12 Months | | 12 Months or More | | Total | | (dollars in thousands) | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | | | | | | | | | | | | | | Available-for-sale: | | | | | | | | | | | | | | U.S. Treasury | | $ | — | | | $ | — | | | $ | (4,252) | | | $ | 85,544 | | | $ | (4,252) | | | $ | 85,544 | | | U.S. government agency | | (18) | | | 2,956 | | | (1,105) | | | 30,744 | | | (1,123) | | | 33,700 | | | Municipal | | (35) | | | 4,525 | | | (12,027) | | | 123,881 | | | (12,062) | | | 128,406 | | | Mortgage-backed: | | | | | | | | | | | | | | Agency residential | | (231) | | | 45,392 | | | (7,146) | | | 121,114 | | | (7,377) | | | 166,506 | | | Agency commercial | | (7) | | | 4,442 | | | (7,167) | | | 95,580 | | | (7,174) | | | 100,022 | | | Corporate | | (57) | | | 8,728 | | | (1,388) | | | 24,932 | | | (1,445) | | | 33,660 | | | Total available-for-sale | | $ | (348) | | | $ | 66,043 | | | $ | (33,085) | | | $ | 481,795 | | | $ | (33,433) | | | $ | 547,838 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | Investments in a Continuous Unrealized Loss Position | | | Less than 12 Months | | 12 Months or More | | Total | | (dollars in thousands) | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | | | | | | | | | | | | | | Available-for-sale: | | | | | | | | | | | | | | U.S. Treasury | | $ | — | | | $ | — | | | $ | (8,545) | | | $ | 111,145 | | | $ | (8,545) | | | $ | 111,145 | | | U.S. government agency | | (141) | | | 7,594 | | | (2,403) | | | 45,604 | | | (2,544) | | | 53,198 | | | Municipal | | (8) | | | 2,634 | | | (19,476) | | | 127,776 | | | (19,484) | | | 130,410 | | | Mortgage-backed: | | | | | | | | | | | | | | Agency residential | | (2,041) | | | 81,055 | | | (12,186) | | | 129,178 | | | (14,227) | | | 210,233 | | | Agency commercial | | (125) | | | 3,327 | | | (12,020) | | | 112,118 | | | (12,145) | | | 115,445 | | | Corporate | | (4) | | | 1,996 | | | (2,906) | | | 43,064 | | | (2,910) | | | 45,060 | | | Total available-for-sale | | $ | (2,319) | | | $ | 96,606 | | | $ | (57,536) | | | $ | 568,885 | | | $ | (59,855) | | | $ | 665,491 | |
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| Schedule of Amortized Cost and Fair Values of Securities Held-to-Maturity, with Gross Unrealized Gains and Losses |
The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | (dollars in thousands) | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Allowance for Credit Losses | | Fair Value | | | | | | | | | | | | | Available-for-sale: | | | | U.S. Treasury | | $ | 89,796 | | $ | — | | $ | (4,252) | | | $ | — | | $ | 85,544 | | U.S. government agency | | 42,399 | | 146 | | (1,123) | | | — | | 41,422 | | Municipal | | 152,144 | | 188 | | (12,062) | | | — | | 140,270 | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 364,567 | | 3,605 | | (7,377) | | | — | | 360,795 | | Agency commercial | | 127,004 | | 107 | | (7,174) | | | — | | 119,937 | | | | | | | | | | | | | Corporate | | 65,957 | | 621 | | (1,445) | | | — | | 65,133 | | Total available-for-sale | | $ | 841,867 | | $ | 4,667 | | $ | (33,433) | | $ | — | | $ | 813,101 | | | | | | | | | | | | | | December 31, 2025 | | (dollars in thousands) | | Amortized Cost | | Gross Unrecognized Gains | | Gross Unrecognized Losses | | Fair Value | | Allowance for Credit Losses | | | | | | | | | | | | | Held-to-maturity: | | | | U.S. government agency | | $ | 88,496 | | $ | — | | $ | (4,850) | | | $ | 83,646 | | $ | — | | Municipal | | 28,214 | | 353 | | (58) | | | 28,509 | | — | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 75,536 | | 23 | | (2,544) | | | 73,015 | | — | | Agency commercial | | 266,500 | | 25 | | (24,896) | | | 241,629 | | — | | Total held-to-maturity | | $ | 458,746 | | $ | 401 | | $ | (32,348) | | | $ | 426,799 | | $ | — |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | (dollars in thousands) | | Amortized Cost | | Gross
Unrealized
Gains | | Gross
Unrealized
Losses | | Allowance for Credit Losses | | Fair Value | | | | | | | | | | | | | Available-for-sale: | | | | U.S. Treasury | | $ | 119,690 | | $ | — | | $ | (8,545) | | | $ | — | | $ | 111,145 | | U.S. government agency | | 55,742 | | — | | (2,544) | | | — | | 53,198 | | Municipal | | 150,163 | | — | | (19,484) | | | — | | 130,679 | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 241,342 | | 253 | | (14,227) | | | — | | 227,368 | | Agency commercial | | 128,823 | | 3 | | (12,145) | | | — | | 116,681 | | Corporate | | 61,732 | | 156 | | (2,910) | | | — | | 58,978 | | Total available-for-sale | | $ | 757,492 | | $ | 412 | | $ | (59,855) | | $ | — | | $ | 698,049 | | | | | | | | | | | | | | December 31, 2024 | | (dollars in thousands) | | Amortized Cost | | Gross Unrecognized Gains | | Gross Unrecognized Losses | | Fair Value | | Allowance for Credit Losses | | | | | | | | | | | | | Held-to-maturity: | | | | U.S. government agency | | $ | 88,472 | | $ | — | | $ | (8,819) | | | $ | 79,653 | | $ | — | | Municipal | | 35,862 | | 48 | | (371) | | | 35,539 | | — | | Mortgage-backed: | | | | | | | | | | | | Agency residential | | 85,643 | | — | | (5,796) | | | 79,847 | | — | | Agency commercial | | 289,881 | | — | | (39,734) | | | 250,147 | | — | | Total held-to-maturity | | $ | 499,858 | | $ | 48 | | $ | (54,720) | | | $ | 445,186 | | $ | — |
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| Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity |
The amortized cost and fair value of debt securities by contractual maturity, as of December 31, 2025, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. | | | | | | | | | | | | | | | | | | | | | | | | | Available-for-Sale | | Held-to-Maturity | | (dollars in thousands) | Amortized Cost | | Fair Value | | Amortized Cost | | Fair Value | | | | | | | | | | Due in 1 year or less | $ | 34,128 | | | $ | 33,783 | | | $ | 7,330 | | | $ | 7,257 | | | Due after 1 year through 5 years | 173,366 | | | 163,765 | | | 52,682 | | | 51,407 | | | Due after 5 years through 10 years | 119,292 | | | 112,595 | | | 54,764 | | | 51,590 | | | Due after 10 years | 23,510 | | | 22,226 | | | 1,934 | | | 1,901 | | | | | | | | | | | Mortgage-backed: | | | | | | | | | Agency residential | 364,567 | | | 360,795 | | | 75,536 | | | 73,015 | | | Agency commercial | 127,004 | | | 119,937 | | | 266,500 | | | 241,629 | | | Total | $ | 841,867 | | | $ | 813,101 | | | $ | 458,746 | | | $ | 426,799 | |
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