v3.26.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Investments, All Other Investments [Abstract]  
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments
The carrying amounts and estimated fair values of financial instruments at December 31, 2025 were as follows:

Fair Value Measurements at December 31, 2025 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$845,150 $845,150 $— $— $845,150 
Federal funds sold551 551 — — 551 
Securities, available for sale676,592 98,149 555,565 22,878 676,592 
Securities, held for maturity322,675 — 268,094 — 268,094 
Loans, net2,029,047 — — 2,025,685 2,025,685 
Accrued interest receivable12,455 — — 12,455 12,455 
Liabilities
Deposits$3,632,877 $— $— $3,643,821 3,643,821 
Repurchase agreements7,119 — — 7,160 7,160 
Accrued interest payable17,637 — — 17,637 17,637 
Long-term advances from Federal Home Loan Bank135,000 — — 136,529 136,529 
Senior long-term debt14,203 — — 14,266 14,266 
Junior subordinated debentures29,805 — — 30,000 30,000 
The carrying amounts and estimated fair values of financial instruments at December 31, 2024 were as follows:

Fair Value Measurements at December 31, 2024 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$563,778 $563,778 $— $— $563,778 
Federal funds sold430 430 — — 430 
Securities, available for sale281,097 147,780 127,222 6,095 281,097 
Securities, held for maturity321,622 — 251,458 — 251,458 
Loans, net2,658,969 — — 2,508,440 2,508,440 
Accrued interest receivable14,850 — — 14,850 14,850 
Liabilities
Deposits$3,476,260 $— $— $3,475,411 3,475,411 
Repurchase agreements7,009 — — 7,005 7,005 
Accrued interest payable20,437 — — 20,437 20,437 
Long-term advances from Federal Home Loan Bank135,000 — — 134,977 134,977 
Senior long-term debt15,169 — — 15,274 15,274 
Junior subordinated debentures44,745 — — 45,000 45,000