Securities (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Securities |
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| Summary of available for sale debt securities |
| | | | | | | | | | | | | | | March 31, 2026 | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | | (Dollars in thousands) | | Cost | | Gains | | Losses | | Fair Value | U.S. Treasury securities | | $ | 4,995 | | $ | — | | $ | (87) | | $ | 4,908 | U.S. government agencies and corporations | | | 58,605 | | | — | | | (4,955) | | | 53,650 | Mortgage-backed securities | | | 227,286 | | | 1,516 | | | (8,379) | | | 220,423 | Obligations of states and political subdivisions | | | 159,871 | | | 938 | | | (2,935) | | | 157,874 | Corporate and other debt securities | | | 34,633 | | | 173 | | | (1,042) | | | 33,764 | Total | | $ | 485,390 | | $ | 2,627 | | $ | (17,398) | | $ | 470,619 |
| | | | | | | | | | | | | | | December 31, 2025 | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | | (Dollars in thousands) | | Cost | | Gains | | Losses | | Fair Value | U.S. Treasury securities | | $ | 4,992 | | $ | — | | $ | (105) | | $ | 4,887 | U.S. government agencies and corporations | | | 60,605 | | | — | | | (4,895) | | | 55,710 | Mortgage-backed securities | | | 211,653 | | | 2,009 | | | (7,830) | | | 205,832 | Obligations of states and political subdivisions | | | 158,158 | | | 1,417 | | | (2,484) | | | 157,091 | Corporate and other debt securities | | | 35,628 | | | 150 | | | (1,187) | | | 34,591 | Total | | $ | 471,036 | | $ | 3,576 | | $ | (16,501) | | $ | 458,111 |
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| Schedule of amortized cost and estimated fair value of securities, by the earlier of contractual maturity or expected maturity |
| | | | | | | | | March 31, 2026 | | | Amortized | | | (Dollars in thousands) | | Cost | | Fair Value | Due in one year or less | | $ | 83,458 | | $ | 81,410 | Due after one year through five years | | | 186,654 | | | 179,712 | Due after five years through ten years | | | 145,474 | | | 140,549 | Due after ten years | | | 69,804 | | | 68,948 | Total | | $ | 485,390 | | $ | 470,619 |
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| Schedule of gross realized gains and losses and the proceeds |
| | | | | | | | | Three Months Ended March 31, | (Dollars in thousands) | | 2026 | | 2025 | Realized gains from sales, maturities and calls of securities: | | | | | | | Gross realized gains | | $ | — | | $ | — | Gross realized losses | | | — | | | — | Net realized losses | | $ | — | | $ | — | Proceeds from sales, maturities, calls and paydowns of securities | | $ | 14,590 | | $ | 17,176 |
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| Schedule of securities in an unrealized loss position |
Securities in an unrealized loss position at March 31, 2026, by duration of the period of the unrealized loss, are shown below. | | | | | | | | | | | | | | | | | | | | | | Less Than 12 Months | | 12 Months or More | | Total | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | (Dollars in thousands) | | Value | | Loss | | Value | | Loss | | Value | | Loss | | U.S. Treasury securities | | $ | — | | $ | — | | $ | 4,908 | | $ | 87 | | $ | 4,908 | | $ | 87 | | U.S. government agencies and corporations | | | — | | | — | | | 53,650 | | | 4,955 | | | 53,650 | | | 4,955 | | Mortgage-backed securities | | | 41,854 | | | 430 | | | 97,260 | | | 7,949 | | | 139,114 | | | 8,379 | | Obligations of states and political subdivisions | | | 46,082 | | | 548 | | | 43,429 | | | 2,387 | | | 89,511 | | | 2,935 | | Corporate and other debt securities | | | 13,076 | | | 56 | | | 14,014 | | | 986 | | | 27,090 | | | 1,042 | | Total | | $ | 101,012 | | $ | 1,034 | | $ | 213,261 | | $ | 16,364 | | $ | 314,273 | | $ | 17,398 | |
Securities in an unrealized loss position at December 31, 2025, by duration of the period of the unrealized loss, are shown below. | | | | | | | | | | | | | | | | | | | | | | Less Than 12 Months | | 12 Months or More | | Total | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | (Dollars in thousands) | | Value | | Loss | | Value | | Loss | | Value | | Loss | | U.S. Treasury securities | | $ | — | | $ | — | | $ | 4,887 | | $ | 105 | | $ | 4,887 | | $ | 105 | | U.S. government agencies and corporations | | | — | | | — | | | 55,710 | | | 4,895 | | | 55,710 | | | 4,895 | | Mortgage-backed securities | | | 12,949 | | | 84 | | | 107,826 | | | 7,746 | | | 120,775 | | | 7,830 | | Obligations of states and political subdivisions | | | 7,451 | | | 79 | | | 64,534 | | | 2,405 | | | 71,985 | | | 2,484 | | Corporate and other debt securities | | | 13,009 | | | 119 | | | 15,932 | | | 1,068 | | | 28,941 | | | 1,187 | | Total | | $ | 33,409 | | $ | 282 | | $ | 248,889 | | $ | 16,219 | | $ | 282,298 | | $ | 16,501 | |
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