| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis |
The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis (in thousands): | | | | | | | | | | | | | | | | | | Quoted Prices in | | Significant | | Significant | | | | | | Active Markets | | Other | | Other | | | | | | for Identical | | Observable | | Unobservable | | | | | | Assets | | Inputs | | Inputs | Description | | Fair Value | | (Level 1) | | (Level 2) | | (Level 3) | March 31, 2026: | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | Securities available-for-sale: | | | | | | | | | | | | | U.S. Treasury | | $ | 29,369 | | $ | — | | $ | 29,369 | | $ | — | U.S. Government-sponsored enterprises (GSEs) | | | 19,198 | | | — | | | 19,198 | | | — | Municipal securities | | | 36,986 | | | — | | | 36,986 | | | — | Other debt securities | | | 22,549 | | | — | | | 22,549 | | | — | Mortgage-backed securities (GSEs) | | | 443,981 | | | — | | | 443,981 | | | — | Total securities available-for-sale | | | 552,083 | | | — | | | 552,083 | | | — | | | | | | | | | | | | | | Derivative financial instruments and interest rate swap agreements | | | 11,537 | | | — | | | 11,537 | | | — | Total assets at fair value | | $ | 563,620 | | $ | — | | $ | 563,620 | | $ | — | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | Derivative financial instruments and interest rate swap agreements | | $ | 11,621 | | $ | — | | $ | 11,621 | | $ | — | | | | | | | | | | | | | | December 31, 2025: | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | Securities available-for-sale: | | | | | | | | | | | | | U.S. Treasury | | $ | 29,629 | | $ | — | | $ | 29,629 | | $ | — | U.S. Government-sponsored enterprises (GSEs) | | | 19,064 | | | — | | | 19,064 | | | — | Municipal securities | | | 35,665 | | | — | | | 35,665 | | | — | Other debt securities | | | 21,000 | | | — | | | 21,000 | | | — | Mortgage-backed securities (GSEs) | | | 434,524 | | | — | | | 434,524 | | | — | Total securities available-for-sale | | | 539,882 | | | — | | | 539,882 | | | — | | | | | | | | | | | | | | Derivative financial instruments and interest rate swap agreements | | | 13,191 | | | — | | | 13,191 | | | — | Total assets at fair value | | $ | 553,073 | | $ | — | | $ | 553,073 | | $ | — | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | Derivative financial instruments and interest rate swap agreements | | $ | 13,524 | | $ | — | | $ | 13,524 | | $ | — |
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| Fair Value, by Balance Sheet Grouping |
The carrying amount and estimated fair value of the Company’s financial instruments are as follows (in thousands): | | | | | | | | | | | | | | | | | | Fair Value Measurements Using | | | Carrying | | | | | | | | | | | Estimated | | | Amount | | Level 1 | | Level 2 | | Level 3 | | Fair Value | March 31, 2026: | | | | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 346,071 | | $ | 346,071 | | $ | — | | $ | — | | $ | 346,071 | Securities available-for-sale | | | 552,083 | | | — | | | 552,083 | | | — | | | 552,083 | Securities held-to-maturity | | | 120,968 | | | — | | | 107,167 | | | — | | | 107,167 | Other investments | | | 16,597 | | | N/A | | | N/A | | | N/A | | | N/A | Loans and leases, net and loans held for sale | | | 4,481,718 | | | — | | | — | | | 4,438,839 | | | 4,438,839 | Derivative financial instruments and interest rate swap agreements | | | 11,537 | | | — | | | 11,537 | | | — | | | 11,537 | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | Noninterest-bearing demand deposits | | | 951,366 | | | — | | | 951,366 | | | — | | | 951,366 | Interest-bearing demand deposits | | | 954,292 | | | — | | | 954,292 | | | — | | | 954,292 | Money market and savings deposits | | | 2,455,945 | | | — | | | 2,455,945 | | | — | | | 2,455,945 | Time deposits | | | 834,633 | | | — | | | 834,852 | | | — | | | 834,852 | Borrowings | | | 3,178 | | | — | | | 3,178 | | | — | | | 3,178 | Subordinated debt | | | 98,733 | | | — | | | — | | | 100,731 | | | 100,731 | Derivative financial instruments and interest rate swap agreements | | | 11,621 | | | — | | | 11,621 | | | — | | | 11,621 | | | | | | | | | | | | | | | | | December 31, 2025: | | | | | | | | | | | | | | | | Assets: | | | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 464,417 | | $ | 464,417 | | $ | — | | $ | — | | $ | 464,417 | Securities available-for-sale | | | 539,882 | | | — | | | 539,882 | | | — | | | 539,882 | Securities held-to-maturity | | | 122,121 | | | — | | | 109,416 | | | | | | 109,416 | Other investments | | | 16,441 | | | N/A | | | N/A | | | N/A | | | N/A | Loans and leases, net and loans held for sale | | | 4,333,541 | | | — | | | — | | | 4,281,699 | | | 4,281,699 | Derivative financial instruments and interest rate swap agreements | | | 13,191 | | | — | | | 13,191 | | | — | | | 13,191 | | | | | | | | | | | | | | | | | Liabilities: | | | | | | | | | | | | | | | | Noninterest-bearing demand deposits | | | 1,062,918 | | | — | | | 1,062,918 | | | — | | | 1,062,918 | Interest-bearing demand deposits | | | 945,716 | | | — | | | 945,716 | | | — | | | 945,716 | Money market and savings deposits | | | 2,273,612 | | | — | | | 2,273,612 | | | — | | | 2,273,612 | Time deposits | | | 870,543 | | | — | | | 872,143 | | | — | | | 872,143 | Borrowings | | | 3,009 | | | — | | | 3,009 | | | — | | | 3,009 | Subordinated debt | | | 98,662 | | | — | | | — | | | 100,660 | | | 100,660 | Derivative financial instruments and interest rate swap agreements | | | 13,524 | | | — | | | 13,524 | | | — | | | 13,524 |
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