INVESTMENT SECURITIES (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| INVESTMENT SECURITIES |
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| Schedule of investment securities |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | (In thousands) | | Cost | | Gains | | Losses | | Value | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | Securities available for sale: | | | | | | | | | | | | | Agency mortgage-backed securities | | $ | 96,218 | | $ | 505 | | $ | 4,793 | | $ | 91,930 | Agency CMO | | | 100,018 | | | 841 | | | 113 | | | 100,746 | Agency notes and bonds | | | 75,448 | | | 30 | | | 1,087 | | | 74,391 | Treasury notes and bonds | | | 2,485 | | | — | | | 24 | | | 2,461 | Municipal obligations | | | 157,998 | | | 996 | | | 11,332 | | | 147,662 | | | | | | | | | | | | | | Total securities available for sale | | $ | 432,167 | | $ | 2,372 | | $ | 17,349 | | $ | 417,190 | | | | | | | | | | | | | | Securities held to maturity: | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Corporate notes | | $ | 7,000 | | $ | — | | $ | 1,757 | | $ | 5,243 | | | | | | | | | | | | | | Total securities held to maturity | | $ | 7,000 | | $ | — | | $ | 1,757 | | $ | 5,243 | | | | | | | | | | | | | | December 31, 2024 | | | | | | | | | | | | | Securities available for sale: | | | | | | | | | | | | | Agency mortgage-backed securities | | $ | 76,295 | | $ | — | | $ | 8,354 | | $ | 67,941 | Agency CMO | | | 47,821 | | | 197 | | | 500 | | | 47,518 | Agency notes and bonds | | | 122,834 | | | 6 | | | 4,760 | | | 118,080 | Treasury notes and bonds | | | 21,803 | | | — | | | 254 | | | 21,549 | Municipal obligations | | | 150,182 | | | 171 | | | 16,198 | | | 134,155 | | | | | | | | | | | | | | Total securities available for sale | | $ | 418,935 | | $ | 374 | | $ | 30,066 | | $ | 389,243 | | | | | | | | | | | | | | Securities held to maturity: | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Corporate notes | | $ | 7,000 | | $ | — | | $ | 2,409 | | $ | 4,591 | | | | | | | | | | | | | | Total securities held to maturity | | $ | 7,000 | | $ | — | | $ | 2,409 | | $ | 4,591 |
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| Schedule of the amortized cost and fair value of debt securities by contractual maturity |
| | | | | | | | | | | | | | | Securities Available for Sale | | Securities Held to Maturity | | | Amortized | | Fair | | Amortized | | Fair | (In thousands) | | Cost | | Value | | Cost | | Value | | | | | | | | | | | | | | Due in one year or less | | $ | 61,010 | | $ | 60,293 | | $ | — | | $ | — | Due after one year through five years | | | 35,004 | | | 33,689 | | | — | | | — | Due after five years through ten years | | | 79,238 | | | 72,952 | | | 2,000 | | | 1,560 | Due after ten years | | | 60,679 | | | 57,580 | | | 5,000 | | | 3,683 | | | | 235,931 | | | 224,514 | | | 7,000 | | | 5,243 | Mortgage-backed securities and CMO | | | 196,236 | | | 192,676 | | | — | | | — | | | $ | 432,167 | | $ | 417,190 | | $ | 7,000 | | $ | 5,243 |
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| Schedule of unrealized gain (loss) on investments |
| | | | | | | | | | | Number of | | | | | Gross | | | Investment | | Fair | | Unrealized | (Dollars in thousands) | | Positions | | Value | | Losses | Securities available for sale: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 8 | | $ | 11,853 | | $ | 96 | Agency CMO | | 1 | | | 646 | | | 1 | Agency notes and bonds | | 1 | | | 747 | | | 1 | Municipal obligations | | 11 | | | 3,883 | | | 9 | Total less than twelve months | | 21 | | | 17,129 | | | 107 | | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 90 | | | 51,637 | | | 4,697 | Agency CMO | | 19 | | | 6,335 | | | 112 | Agency notes and bonds | | 26 | | | 70,014 | | | 1,086 | Treasury notes and bonds | | 2 | | | 2,461 | | | 24 | Municipal obligations | | 174 | | | 97,487 | | | 11,323 | Total more than twelve months | | 311 | | | 227,934 | | | 17,242 | | | | | | | | | | Total securities available for sale | | 332 | | $ | 245,063 | | $ | 17,349 | | | | | | | | | | Securities held to maturity: | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Corporate notes | | 4 | | $ | 5,243 | | $ | 1,757 | Total more than twelve months | | 4 | | | 5,243 | | | 1,757 | Total securities held to maturity | | 4 | | $ | 5,243 | | $ | 1,757 |
| | | | | | | | | | | Number of | | | | | Gross | | | Investment | | Fair | | Unrealized | (Dollars in thousands) | | Positions | | Value | | Losses | Securities available for sale: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 7 | | $ | 8,008 | | $ | 93 | Agency CMO | | 11 | | | 19,211 | | | 215 | Agency notes and bonds | | 7 | | | 4,830 | | | 57 | Municipal obligations | | 39 | | | 18,880 | | | 334 | Total less than twelve months | | 64 | | | 50,929 | | | 699 | | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 93 | | | 59,933 | | | 8,261 | Agency CMO | | 22 | | | 7,271 | | | 285 | Agency notes and bonds | | 45 | | | 112,046 | | | 4,703 | Treasury notes and bonds | | 8 | | | 21,549 | | | 254 | Municipal obligations | | 196 | | | 103,201 | | | 15,864 | Total more than twelve months | | 364 | | | 304,000 | | | 29,367 | | | | | | | | | | Total securities available for sale | | 428 | | $ | 354,929 | | $ | 30,066 | | | | | | | | | | Securities held to maturity: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Corporate notes | | 4 | | $ | 4,591 | | $ | 2,409 | Total less than twelve months | | 4 | | | 4,591 | | | 2,409 | Total securities held to maturity | | 4 | | $ | 4,591 | | $ | 2,409 |
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