| Schedule of Mortgage Backed Securities Held-to-Maturity |
The following is a summary of mortgage-backed securities held-to-maturity at March 31, 2026, and December 31, 2025 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Mortgage-backed securities: | | | | | | | | | Pass-through certificates: | | | | | | | | | GSE | $ | 8,278 | | | $ | 73 | | | $ | (348) | | | $ | 8,003 | | | Total securities held-to-maturity | $ | 8,278 | | | $ | 73 | | | $ | (348) | | | $ | 8,003 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | Mortgage-backed securities: | | | | | | | | | Pass-through certificates: | | | | | | | | | GSE | $ | 8,339 | | | $ | 99 | | | $ | (294) | | | $ | 8,144 | | | Total securities held-to-maturity | $ | 8,339 | | | $ | 99 | | | $ | (294) | | | $ | 8,144 | |
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| Schedule of Gross Unrealized Losses on Mortgage-Backed Securities |
Gross unrealized losses on mortgage-backed securities and other debt securities available-for-sale, and the estimated fair value of the related securities, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2026, and December 31, 2025, were as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | | Less than 12 months | | 12 months or more | | Total | | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | | losses | | fair value | | losses | | fair value | | losses | | fair value | | | | | | | | | | | | | | U.S. Government agency securities | $ | — | | | $ | — | | | $ | (48) | | | $ | 540 | | | $ | (48) | | | $ | 540 | | | Mortgage-backed securities: | | | | | | | | | | | | | Pass-through certificates: | | | | | | | | | | | | | GSE | (751) | | | 171,356 | | | (10,651) | | | 173,258 | | | (11,402) | | | 344,614 | | | REMICs: | | | | | | | | | | | | | GSE | (89) | | | 40,714 | | | (3,811) | | | 113,963 | | | (3,900) | | | 154,677 | | | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Municipal bonds | (1) | | | 483 | | | — | | | — | | | (1) | | | 483 | | | Corporate bonds | (45) | | | 1,955 | | | (84) | | | 3,915 | | | (129) | | | 5,870 | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | $ | (886) | | | $ | 214,508 | | | $ | (14,594) | | | $ | 291,676 | | | $ | (15,480) | | | $ | 506,184 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Less than 12 months | | 12 months or more | | Total | | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | | losses | | fair value | | losses | | fair value | | losses | | fair value | | U.S. Government agency securities | $ | — | | | $ | — | | | $ | (49) | | | $ | 558 | | | $ | (49) | | | $ | 558 | | | Mortgage-backed securities: | | | | | | | | | | | | | Pass-through certificates: | | | | | | | | | | | | | GSE | (92) | | | 51,775 | | | (10,629) | | | 189,412 | | | (10,721) | | | 241,187 | | | REMICs: | | | | | | | | | | | | | GSE | (12) | | | 7,980 | | | (4,032) | | | 120,616 | | | (4,044) | | | 128,596 | | | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Municipal bonds | (1) | | | 482 | | | — | | | — | | | (1) | | | 482 | | | Corporate bonds | (5) | | | 1,995 | | | (165) | | | 18,837 | | | (170) | | | 20,832 | | | Total | $ | (110) | | | $ | 62,232 | | | $ | (14,875) | | | $ | 329,423 | | | $ | (14,985) | | | $ | 391,655 | |
Gross unrealized losses on mortgage-backed securities held-to-maturity, and the estimated fair value of the related securities, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2026, and December 31, 2025, were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | | Less than 12 months | | 12 months or more | | Total | | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | | losses | | fair value | | losses | | fair value | | losses | | fair value | | Mortgage-backed securities: | | | | | | | | | | | | | Pass-through certificates: | | | | | | | | | | | | | GSE | $ | — | | | $ | — | | | $ | (348) | | | $ | 5,818 | | | $ | (348) | | | $ | 5,818 | | | | | | | | | | | | | | | Total | $ | — | | | $ | — | | | $ | (348) | | | $ | 5,818 | | | $ | (348) | | | $ | 5,818 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Less than 12 months | | 12 months or more | | Total | | | Unrealized | | Estimated | | Unrealized | | Estimated | | Unrealized | | Estimated | | | losses | | fair value | | losses | | fair value | | losses | | fair value | | Mortgage-backed securities: | | | | | | | | | | | | | Pass-through certificates: | | | | | | | | | | | | | GSE | $ | — | | | $ | — | | | $ | (294) | | | $ | 5,922 | | | $ | (294) | | | $ | 5,922 | | | | | | | | | | | | | | | Total | $ | — | | | $ | — | | | $ | (294) | | | $ | 5,922 | | | $ | (294) | | | $ | 5,922 | |
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