v3.26.1
Securities (Tables)
12 Months Ended
Dec. 31, 2025
Securities [Abstract]  
Summary Of Securities Held-To-Maturity And Securities Available-For-Sale A summary of the amortized cost and fair value of securities, with gross unrealized gains and losses, follows:

December 31, 2025

Amortized

Gross Unrealized

(in thousands)

Cost

Gains

(Losses)

Fair Value

Held-to-maturity

U.S. agency obligations

$                  3,590 

$                          - 

$                    (275)

$ 3,315

Available-for-sale

U.S. agency obligations

$ 89,047

$ 480

$ (4,164)

$ 85,363

Mortgage-backed securities

67,892

61

(6,913)

61,040

Municipals

63,096

250

(8,183)

55,163

Corporates

13,000

34

(472)

12,562

$                    233,035

$                           825

$                    (19,732)

$                    214,128

December 31, 2024

Amortized

Gross Unrealized

(in thousands)

Cost

Gains

(Losses)

Fair Value

Held-to-maturity

U.S. agency obligations

$                      3,606

$                        - 

$                       (436)

$                      3,170

Available-for-sale

U.S. agency obligations

$                    79,976

$                             -

$                    (6,916)

$                    73,060

Mortgage-backed securities

69,312

9

(10,348)

58,973

Municipals

52,123

-

(10,562)

41,561

Corporates

15,510

-

(1,188)

14,322

$                  216,921

$                             9

$                  (29,014)

$                  187,916

Gross Unrealized Losses And Fair Value Of The Bank’s Investments

December 31, 2025

Less than 12 months

More than 12 months

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(in thousands)

Value

Losses

Value

Losses

Value

Losses

Available-for-sale

U.S. agency obligations

$

8,873

$

141

$

51,972

$

4,023

$

60,845

$

4,164

Mortgage-backed securities

4,048

25

52,979

6,888

57,027

6,913

Municipals

2,254

9

41,961

8,174

44,215

8,183

Corporates

-

-

11,527

472

11,527

472

Total

$

15,175

$

175

$

158,439

$

19,557

$

173,614

$

19,732

December 31, 2024

Less than 12 months

More than 12 months

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(in thousands)

Value

Losses

Value

Losses

Value

Losses

Available-for-sale

U.S. agency obligations

$

11,455

$

324

$

61,606

$

6,592

$

73,061

$

6,916

Mortgage-backed securities

4,026

176

54,207

10,172

58,233

10,348

Municipals

1,847

31

39,714

10,531

41,561

10,562

Corporates

7,392

608

6,930

580

14,322

1,188

Total

$

24,720

$

1,139

$

162,457

$

27,875

$

187,177

$

29,014

Contractual Maturities Of Investment Securities

Held-to-Maturity

Available-for-Sale

Amortized

Fair

Amortized

Fair

(in thousands)

Cost

Value

Cost

Values

Due in one year or less

$

$                  - 

$                  -

$

$           3,233 

$

$           3,188 

Due after one year through five years

399 

387

59,695 

57,304 

Due after five years through ten years

2,017 

1,900

67,266 

63,230 

Due after ten years

1,174 

1,028

102,841 

90,406 

$

3,590

3,315

$

233,035

$

214,128