INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

The following tables summarize the amortized cost and fair value of securities available-for-sale and held-to-maturity at December 31, 2025 and December 31, 2024

The following tables summarize the amortized cost and fair value of securities available-for-sale and held-to-maturity at December 31, 2025 and December 31, 2024, and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive loss on securities available-for-sale. The Company did not record an allowance for credit losses on its securities held-to-maturity portfolio as of December 31, 2025 and December 31, 2024.

		December 31, 2025
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
		(Dollars in thousands)
Securities available-for-sale:
Debt securities:
Government-sponsored enterprise obligations		$	18,596			$	—			$	(2,103	)		$	16,493
Corporate bonds			11,000				155				(207	)			10,948
Total debt securities			29,596				155				(2,310	)			27,441

Mortgage-backed securities:
Government-sponsored mortgage-backed securities			162,831				806				(19,936	)			143,701
U.S. government guaranteed mortgage-backed securities			5,767				—				(1,109	)			4,658
Total mortgage-backed securities			168,598				806				(21,045	)			148,359

Total securities available-for-sale			198,194				961				(23,355	)			175,800

Securities held-to-maturity:
Debt securities:
U.S. Treasury securities			5,001				—				(103	)			4,898
U.S. government guaranteed obligations			1,005				2				—				1,007
Total debt securities			6,006				2				(103	)			5,905

Mortgage-backed securities:
Government-sponsored mortgage-backed securities			182,794				219				(30,414	)			152,599
Total mortgage-backed securities			182,794				219				(30,414	)			152,599

Total securities held-to-maturity			188,800				221				(30,517	)			158,504
Total		$	386,994			$	1,182			$	(53,872	)		$	334,304

		December 31, 2024
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
		(Dollars in thousands)
Securities available-for-sale:
Debt securities:
Government-sponsored enterprise obligations		$	19,424			$	—			$	(2,966	)		$	16,458
Corporate bonds			5,000				—				(390	)			4,610
Total debt securities			24,424				—				(3,356	)			21,068

Mortgage-backed securities:
Government-sponsored mortgage-backed securities			161,313				—				(26,535	)			134,778
U.S. government guaranteed mortgage-backed securities			6,203				—				(1,345	)			4,858
Total mortgage-backed securities			167,516				—				(27,880	)			139,636

Total securities available-for-sale			191,940				—				(31,236	)			160,704

Securities held-to-maturity:
Debt securities:
U.S. Treasury securities			5,002				—				(275	)			4,727
U.S. government guaranteed obligations			1,064				—				(3	)			1,061
Total debt securities			6,066				—				(278	)			5,788

Mortgage-backed securities:
Government-sponsored mortgage-backed securities			198,970				13				(39,165	)			159,818
Total mortgage-backed securities			198,970				13				(39,165	)			159,818

Total securities held-to-maturity			205,036				13				(39,443	)			165,606
Total		$	396,976			$	13			$	(70,679	)		$	326,310

The following table presents the unrealized gains (losses) recognized on marketable equity securities for the years indicated:

The following table presents the unrealized gains (losses) recognized on marketable equity securities for the years indicated:


		Years Ended December 31,
		2025				2024				2023
		(Dollars in thousands)
Net gains (losses) recognized during the year on marketable equity securities		$	35			$	13			$	(1	)
Net gains (losses) recognized during the year on equity securities sold during the year			—				—				—
Unrealized gain (loss) recognized during the year on marketable equity securities still held at year end		$	35			$	13			$	(1	)

The amortized cost and fair value of securities available-for-sale and held-to-maturity at December 31, 2025, by final maturity, are shown below

The amortized cost and fair value of securities available-for-sale and held-to-maturity at December 31, 2025, by final maturity, are shown below. Actual maturities may differ from contractual maturities because certain issuers have the right to call or prepay obligations.

		Available-for-Sale								Held-to-Maturity
		Amortized Cost				Fair Value				Amortized Cost				Fair Value
		(Dollars in thousands)
Debt securities:
Due in one year or less		$	—			$	—			$	5,001			$	4,898
Due after one year through five years			9,947				8,852				—				—
Due after five years through ten years			17,981				16,927				—				—
Due after ten years			1,668				1,662				1,005				1,007
Total debt securities		$	29,596			$	27,441			$	6,006			$	5,905

		Available-for-Sale								Held-to-Maturity
		Amortized Cost				Fair Value				Amortized Cost				Fair Value
		(Dollars in thousands)
Mortgage-backed securities:
Due after one year through five years		$	2,720			$	2,697			$	—			$	—
Due after five years through ten years			3,687				3,563				1,797				1,744
Due after ten years			162,191				142,099				180,997				150,855
Total mortgage-backed securities			168,598				148,359				182,794				152,599
Total securities		$	198,194			$	175,800			$	188,800			$	158,504

The following tables summarize the gross unrealized losses and fair value of the Company's securities available-for-sale and held-to-maturity, segregated by the duration of their continuous unrealized loss positions at December 31, 2025 and 2024

The following tables summarize the gross unrealized losses and fair value of the Company's securities available-for-sale and held-to-maturity, segregated by the duration of their continuous unrealized loss positions at December 31, 2025 and 2024:

		December 31, 2025
		Less Than Twelve Months														Over Twelve Months
		Number of Securities			Fair Value				Gross Unrealized Loss				Depreciation from Amortized Cost Basis (%)			Number of Securities			Fair Value				Gross Unrealized Loss				Depreciation from Amortized Cost Basis (%)
		(Dollars in thousands)
Securities available-for-sale:
Government-sponsored mortgage-backed securities		1			$	1,819			$	7			0.4	%		73			$	100,750			$	19,929			16.5	%
U.S. government guaranteed mortgage-backed securities		—				—				—			—			9				4,658				1,109			19.2
Government-sponsored enterprise obligations		1				1,662				6			0.4			5				14,831				2,097			12.4
Corporate bonds		—				—				—			—			2				4,793				207			4.1
Total securities available-for-sale		2				3,481				13						89				125,032				23,342

Securities held-to-maturity:
U.S. Treasury securities		—				—				—			—	%		1				4,898				103			2.1	%
Government-sponsored mortgage-backed securities		—				—				—			—			36				141,556				30,414			17.7
Total securities held-to-maturity		—				—				—						37				146,454				30,517

Total securities		2			$	3,481			$	13						126			$	271,486			$	53,859

		December 31, 2024
		Less Than Twelve Months																Over Twelve Months
		Number of Securities				Fair Value				Gross Unrealized Loss				Depreciation from Amortized Cost Basis (%)				Number of Securities				Fair Value				Gross Unrealized Loss				Depreciation from Amortized Cost Basis (%)
		(Dollars in thousands)
Securities available-for-sale:
Government-sponsored mortgage-backed securities			9			$	33,145			$	584				1.7	%			70			$	99,529			$	25,951				20.7	%
U.S. government guaranteed mortgage-backed securities			—				—				—				—				9				4,858				1,345				21.7
Government-sponsored enterprise obligations			3				4,452				19				0.4				3				11,988				2,947				19.7
Corporate bonds			—				—				—				—				2				4,610				390				7.8
Total securities available-for-sale			12				37,597				603								84				120,985				30,633

Securities held-to-maturity:
U.S. Treasury securities			—				—				—				—	%			1				4,727				275				5.5	%
U.S. government guaranteed obligations			1				1,061				3				0.3				—				—				—				—
Government-sponsored mortgage-backed securities			4				9,187				127				1.4				37				148,992				39,038				20.8
Total securities held-to-maturity			5				10,248				130								38				153,719				39,313

Total securities			17			$	47,845			$	733								122			$	274,704			$	69,946