v3.26.1
Securities Held-to-Maturity (Tables)
3 Months Ended
Mar. 31, 2026
Securities Held-to-Maturity  
Summary of securities held-to-maturity portfolio

March 31, 2026

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

Fair

for

  ​ ​ ​

Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

Value

Credit Loss

(In Thousands)

Mortgage-backed securities – residential:

 

 

  ​

 

  ​

 

  ​

Government National Mortgage Association

$

317

$

3

$

$

320

$

Federal Home Loan Mortgage Corporation

 

663

 

 

67

596

 

Federal National Mortgage Association

 

1,322

 

 

102

1,220

 

Collateralized mortgage obligations – GSE

 

2,627

 

 

560

2,067

 

Total mortgage-backed securities

4,929

3

729

4,203

Municipal Bonds

13,362

2,200

11,162

126

$

18,291

$

3

$

2,929

$

15,365

$

126

December 31, 2025

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

Fair

for

  ​ ​ ​

Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

Value

Credit Loss

(In Thousands)

Mortgage-backed securities – residential:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Government National Mortgage Association

$

327

$

4

$

$

331

$

Federal Home Loan Mortgage Corporation

 

684

 

 

65

 

619

 

Federal National Mortgage Association

 

1,390

 

 

100

 

1,290

 

Collateralized mortgage obligations – GSE

 

2,673

 

 

551

 

2,122

 

Total mortgage-backed securities

5,074

4

716

4,362

Municipal Bonds

13,367

2,202

11,165

126

$

18,441

$

4

$

2,918

$

15,527

$

126

Schedule of contractual final maturities

March 31, 2026

Amortized

Fair

  ​ ​ ​

Cost

  ​ ​ ​

Value

 

(In Thousands)

Due within one year

$

1,459

$

1,371

Due after one but within five years

 

3,546

 

3,162

Due after five but within ten years

 

4,200

 

3,662

Due after ten years

 

9,086

 

7,170

$

18,291

$

15,365

Schedule of allowance for credit losses for debt securities held-to-maturity

Municipal Bonds

Balance – December 31, 2025

$

126

Provision for (reversal of) credit loss

-

Balance – March 31, 2026

$

126

Municipal Bonds

Balance – December 31, 2024

$

126

Provision for (reversal of) credit loss

-

Balance – March 31, 2025

$

126