SECURITIES (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| SECURITIES |
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| Schedule of amortized cost and fair value of available-for-sale debt securities |
| | | | | | | | | | | | | (In Thousands) | | December 31, 2025 | | | | | | Gross | | Gross | | | | | | | | | Unrealized | | Unrealized | | | | | | Amortized | | Holding | | Holding | | Fair | | | Cost | | Gains | | Losses | | Value | | | | | | | | | | | | | | Obligations of the U.S. Treasury | | $ | 8,047 | | $ | 0 | | $ | (565) | | $ | 7,482 | Obligations of U.S. Government agencies | | | 11,423 | | | 3 | | | (677) | | | 10,749 | Bank holding company debt securities | | | 36,103 | | | 8 | | | (2,035) | | | 34,076 | Obligations of states and political subdivisions: | | | | | | | | | | | | | Tax-exempt | | | 105,149 | | | 317 | | | (7,107) | | | 98,359 | Taxable | | | 50,306 | | | 4 | | | (6,158) | | | 44,152 | Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | | | | | | | | | | | | | Residential pass-through securities | | | 148,865 | | | 679 | | | (5,623) | | | 143,921 | Residential collateralized mortgage obligations | | | 65,782 | | | 107 | | | (2,182) | | | 63,707 | Commercial mortgage-backed securities | | | 99,095 | | | 23 | | | (6,487) | | | 92,631 | Private label commercial mortgage-backed securities | | | 3,490 | | | 0 | | | (1) | | | 3,489 | Asset-backed securities, | | | | | | | | | | | | | Collateralized loan obligations | | | 8,000 | | | 9 | | | 0 | | | 8,009 | Total available-for-sale debt securities | | $ | 536,260 | | $ | 1,150 | | $ | (30,835) | | $ | 506,575 |
| | | | | | | | | | | | | (In Thousands) | | December 31, 2024 | | | | | | Gross | | Gross | | | | | | | | | Unrealized | | Unrealized | | | | | | Amortized | | Holding | | Holding | | Fair | | | Cost | | Gains | | Losses | | Value | | | | | | | | | | | | | | Obligations of the U.S. Treasury | | $ | 8,067 | | $ | 0 | | $ | (949) | | $ | 7,118 | Obligations of U.S. Government agencies | | | 10,154 | | | 0 | | | (1,129) | | | 9,025 | Bank holding company debt securities | | | 28,958 | | | 0 | | | (3,712) | | | 25,246 | Obligations of states and political subdivisions: | | | | | | | | | | | | | Tax-exempt | | | 111,995 | | | 238 | | | (10,931) | | | 101,302 | Taxable | | | 51,147 | | | 0 | | | (8,641) | | | 42,506 | Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | | | | | | | | | | | | | Residential pass-through securities | | | 104,378 | | | 6 | | | (9,970) | | | 94,414 | Residential collateralized mortgage obligations | | | 53,389 | | | 10 | | | (3,505) | | | 49,894 | Commercial mortgage-backed securities | | | 73,470 | | | 0 | | | (8,969) | | | 64,501 | Private label commercial mortgage-backed securities | | | 8,365 | | | 9 | | | 0 | | | 8,374 | Total available-for-sale debt securities | | $ | 449,923 | | $ | 263 | | $ | (47,806) | | $ | 402,380 |
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| Schedule of gross unrealized losses and fair value of available-for-sale debt securities |
| | | | | | | | | | | | | | | | | | | December 31, 2025 | | Less Than 12 Months | | 12 Months or More | | Total | (In Thousands) | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | Obligations of the U.S. Treasury | | $ | 0 | | $ | 0 | | $ | 7,482 | | $ | (565) | | $ | 7,482 | | $ | (565) | Obligations of U.S. Government agencies | | | 0 | | | 0 | | | 8,570 | | | (677) | | | 8,570 | | | (677) | Bank holding company debt securities | | | 2,188 | | | (44) | | | 23,008 | | | (1,991) | | | 25,196 | | | (2,035) | Obligations of states and political subdivisions: | | | | | | | | | | | | | | | | | | | Tax-exempt | | | 0 | | | 0 | | | 86,724 | | | (7,107) | | | 86,724 | | | (7,107) | Taxable | | | 1,324 | | | (218) | | | 42,027 | | | (5,940) | | | 43,351 | | | (6,158) | Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | | | | | | | | | | | | | | | | | | | Residential pass-through securities | | | 20,235 | | | (51) | | | 57,647 | | | (5,572) | | | 77,882 | | | (5,623) | Residential collateralized mortgage obligations | | | 0 | | | 0 | | | 23,194 | | | (2,182) | | | 23,194 | | | (2,182) | Commercial mortgage-backed securities | | | 27,643 | | | (183) | | | 62,605 | | | (6,304) | | | 90,248 | | | (6,487) | Private label commercial mortgage-backed securities | | | 3,489 | | | (1) | | | 0 | | | 0 | | | 3,489 | | | (1) | Asset-backed securities, | | | | | | | | | | | | | | | | | | | Collateralized loan obligations | | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | | | 0 | Total | | $ | 54,879 | | $ | (497) | | $ | 311,257 | | $ | (30,338) | | $ | 366,136 | | $ | (30,835) |
| | | | | | | | | | | | | | | | | | | December 31, 2024 | | Less Than 12 Months | | 12 Months or More | | Total | (In Thousands) | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | Obligations of the U.S. Treasury | | $ | 0 | | $ | 0 | | $ | 7,118 | | $ | (949) | | $ | 7,118 | | $ | (949) | Obligations of U.S. Government agencies | | | 0 | | | 0 | | | 9,025 | | | (1,129) | | | 9,025 | | | (1,129) | Bank holding company debt securities | | | 0 | | | 0 | | | 25,246 | | | (3,712) | | | 25,246 | | | (3,712) | Obligations of states and political subdivisions: | | | | | | | | | | | | | | | | | | | Tax-exempt | | | 6,581 | | | (58) | | | 91,316 | | | (10,873) | | | 97,897 | | | (10,931) | Taxable | | | 0 | | | 0 | | | 42,506 | | | (8,641) | | | 42,506 | | | (8,641) | Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | | | | | | | | | | | | | | | | | | | Residential pass-through securities | | | 22,777 | | | (375) | | | 69,282 | | | (9,595) | | | 92,059 | | | (9,970) | Residential collateralized mortgage obligations | | | 19,586 | | | (156) | | | 27,157 | | | (3,349) | | | 46,743 | | | (3,505) | Commercial mortgage-backed securities | | | 2,314 | | | (38) | | | 62,187 | | | (8,931) | | | 64,501 | | | (8,969) | Total | | $ | 51,258 | | $ | (627) | | $ | 333,837 | | $ | (47,179) | | $ | 385,095 | | $ | (47,806) |
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| Schedule of gross realized gains and losses from available-for-sale |
| | | | | | | | | | (In Thousands) | | 2025 | | 2024 | | 2023 | | | | | | | | | | | | | | | Gross realized gains from sales | | $ | 38 | | $ | 0 | | $ | 89 | Gross realized losses from sales | | | 0 | | | 0 | | | (3,125) | Net realized gains (losses) | | $ | 38 | | $ | 0 | | $ | (3,036) | Income tax provision related to net realized gains (losses) | | $ | 8 | | $ | 0 | | $ | (638) |
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| Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity |
| | | | | | | (In Thousands) | | December 31, 2025 | | | Amortized | | Fair | | | Cost | | Value | Due in one year or less | | $ | 4,646 | | $ | 4,607 | Due from one year through five years | | | 40,307 | | | 38,290 | Due from five years through ten years | | | 81,657 | | | 77,459 | Due after ten years | | | 84,418 | | | 74,462 | Sub-total | | | 211,028 | | | 194,818 | Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | | | | | | | Residential pass-through securities | | | 148,865 | | | 143,921 | Residential collateralized mortgage obligations | | | 65,782 | | | 63,707 | Commercial mortgage-backed securities | | | 99,095 | | | 92,631 | Private label commercial mortgage-backed securities | | | 3,490 | | | 3,489 | Asset-backed securities, | | | | | | | Collateralized loan obligations | | | 8,000 | | | 8,009 | Total | | $ | 536,260 | | $ | 506,575 |
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