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, related estimated fair value, and unrealized gains and losses for debt securities classified as Available-For-Sale |
| | | | | | | | | | | | | | | | | | Debt Securities Available-for-Sale | (Dollars in thousands) | | | | | Gross | | Gross | | | | | | | | | Amortized | | Unrealized | | Unrealized | | Basis | | Fair | December 31, 2025: | | Cost | | Gains | | Losses | | Adjustment | | Value | U.S. Treasury securities | | $ | 7,941 | | $ | — | | $ | (405) | | $ | — | | $ | 7,536 | Obligations of U.S. Government Agencies and Sponsored Agencies: | | | | | | | | | | | | | | | | Mortgage-backed | | | 185,140 | | | 919 | | | (10,748) | | | 940 | | | 176,251 | Other | | | 3,271 | | | 40 | | | (17) | | | — | | | 3,294 | Other mortgage backed securities | | | 37,572 | | | 45 | | | (1,186) | | | — | | | 36,431 | Obligations of state and political subdivisions | | | 82,919 | | | 30 | | | (9,017) | | | 993 | | | 74,925 | Asset-backed securities | | | 63,644 | | | 211 | | | (362) | | | — | | | 63,493 | Corporate debt securities | | | 34,418 | | | 383 | | | (2,505) | | | — | | | 32,296 | Total | | $ | 414,905 | | $ | 1,628 | | $ | (24,240) | | $ | 1,933 | | $ | 394,226 |
| | | | | | | | | | | | | | | | | | Debt Securities Available-for-Sale | (Dollars in thousands) | | | | | Gross | | Gross | | | | | | | | | Amortized | | Unrealized | | Unrealized | | Basis | | Fair | December 31, 2024: | | Cost | | Gains | | Losses | | Adjustment | | Value | U.S. Treasury securities | | $ | 7,911 | | $ | — | | $ | (760) | | $ | — | | $ | 7,151 | Obligations of U.S. Government Agencies and Sponsored Agencies: | | | | | | | | | | | | | | | | Mortgage-backed | | | 150,999 | | | 170 | | | (14,583) | | | 122 | | | 136,708 | Other | | | 5,080 | | | 78 | | | (36) | | | — | | | 5,122 | Other mortgage backed securities | | | 48,336 | | | 65 | | | (2,128) | | | — | | | 46,273 | Obligations of state and political subdivisions | | | 93,809 | | | 19 | | | (10,718) | | | 375 | | | 83,485 | Asset-backed securities | | | 74,006 | | | 263 | | | (402) | | | — | | | 73,867 | Corporate debt securities | | | 41,139 | | | 204 | | | (3,661) | | | — | | | 37,682 | Total | | $ | 421,280 | | $ | 799 | | $ | (32,288) | | $ | 497 | | $ | 390,288 |
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| Schedule of amortized cost and estimated fair value of debt securities, by contractual maturity |
| | | | | | | (Dollars in thousands) | | Available-for-Sale | | | Amortized | | | | | | Cost | | Fair Value | 1 year or less | | $ | 4,394 | | $ | 4,386 | Over 1 year through 5 years | | | 24,656 | | | 24,046 | Over 5 years through 10 years | | | 57,165 | | | 53,194 | Over 10 years | | | 105,978 | | | 99,918 | Mortgage-backed securities | | | 222,712 | | | 212,682 | Total | | $ | 414,905 | | $ | 394,226 |
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| Schedule of holdings of securities from issuers in excess of ten percent of consolidated stockholders equity |
| | | | | (Dollars in thousands) | | | | | | | Fair | | December 31, 2025: | | Value | | Issuer | | | | | Sallie Mae Bank | | $ | 23,354 | | Velocity Commercial Capital | | | 19,551 | | Nelnet Student Loan Trust | | | 13,169 | |
| | | | | (Dollars in thousands) | | | | | | | Fair | | December 31, 2024: | | Value | | Issuer | | | | | Sallie Mae Bank | | $ | 26,187 | | Velocity Commercial Capital | | | 23,334 | | Nelnet Student Loan Trust | | | 15,008 | | Navient Student Loan Trust | | | 10,726 | |
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| Schedule of the gross unrealized losses and fair value of the Company's debt securities, aggregated by investment category |
December 31, 2025 | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | Less Than 12 Months | | 12 Months or More | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | Available-for-Sale: | | Value | | Loss | | Value | | Loss | | Value | | Loss | U.S. Treasury securities | | $ | — | | $ | — | | $ | 7,536 | | $ | (405) | | $ | 7,536 | | $ | (405) | Obligations of U.S. Government Agencies and Sponsored Agencies: | | | | | | | | | | | | | | | | | | | Mortgage-backed | | | — | | | — | | | 80,318 | | | (10,748) | | | 80,318 | | | (10,748) | Other | | | — | | | — | | | 1,223 | | | (17) | | | 1,223 | | | (17) | Other mortgage-backed debt securities | | | 2,428 | | | (42) | | | 27,130 | | | (1,144) | | | 29,558 | | | (1,186) | Obligations of state and political subdivisions | | | — | | | — | | | 71,413 | | | (9,017) | | | 71,413 | | | (9,017) | Asset-backed securities | | | 14,527 | | | (36) | | | 18,971 | | | (326) | | | 33,498 | | | (362) | Corporate debt securities | | | 500 | | | (1) | | | 24,197 | | | (2,504) | | | 24,697 | | | (2,505) | Total | | $ | 17,455 | | $ | (79) | | $ | 230,788 | | $ | (24,161) | | $ | 248,243 | | $ | (24,240) |
December 31, 2024 | | | | | | | | | | | | | | | | | | | (Dollars in thousands) | | Less Than 12 Months | | 12 Months or More | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | Available-for-Sale: | | Value | | Loss | | Value | | Loss | | Value | | Loss | U.S. Treasury securities | | $ | — | | $ | — | | $ | 7,151 | | $ | (760) | | $ | 7,151 | | $ | (760) | Obligations of U.S. Government Agencies and Sponsored Agencies: | | | | | | | | | | | | | | | | | | | Mortgage-backed | | | 20,726 | | | (575) | | | 81,217 | | | (14,008) | | | 101,943 | | | (14,583) | Other | | | — | | | — | | | 1,927 | | | (36) | | | 1,927 | | | (36) | Other mortgage-backed debt securities | | | 21,700 | | | (560) | | | 19,001 | | | (1,568) | | | 40,701 | | | (2,128) | Obligations of state and political subdivisions | | | 243 | | | (7) | | | 79,684 | | | (10,711) | | | 79,927 | | | (10,718) | Asset-backed securities | | | 7,791 | | | (33) | | | 16,280 | | | (369) | | | 24,071 | | | (402) | Corporate debt securities | | | 7,209 | | | (1,178) | | | 25,594 | | | (2,483) | | | 32,803 | | | (3,661) | Total | | $ | 57,669 | | $ | (2,353) | | $ | 230,854 | | $ | (29,935) | | $ | 288,523 | | $ | (32,288) |
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| Schedule of realized gains and losses recognized in net income on equity securities |
| | | | | | | (Dollars in thousands) | | | | | | | | | December 31, 2025 | | December 31, 2024 | Net gains (losses) from market value fluctuations recognized during the period on equity securities | | $ | 224 | | $ | 105 | Less: Net gains recognized during the period on equity securities sold during the period | | | — | | | — | Net gains (losses) recognized during the reporting period on equity securities still held at the reporting date | | $ | 224 | | $ | 105 |
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