v3.26.1
SECURITIES - Schedule of Amortized Cost of Securities and Their Estimated Fair Values (Details) - USD ($)
Jun. 30, 2026
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Available for sale securities:            
Amortized Cost $ 271,597,000   $ 366,584,000      
Gross Unrealized Gains 676,000   1,398,000      
Gross Unrealized Losses (4,155,000)   (3,705,000)      
Allowance for Credit Losses 0   0      
Fair Value 268,118,000   364,277,000      
Held to maturity securities:            
Fair Value 515,000   1,878,000      
Allowance for credit losses (2,105,000) $ (2,104,000) (1,628,000) $ (1,399,000) $ (1,476,000) $ (3,491,000)
Total held to maturity securities, net of ACL 977,000   1,550,000      
Mortgage-backed securities, residential            
Available for sale securities:            
Amortized Cost 84,283,000   91,642,000      
Gross Unrealized Gains 173,000   462,000      
Gross Unrealized Losses (4,048,000)   (3,604,000)      
Allowance for Credit Losses 0   0      
Fair Value 80,408,000   88,500,000      
Asset-backed securities            
Available for sale securities:            
Amortized Cost 750,000   812,000      
Gross Unrealized Gains 0   0      
Gross Unrealized Losses (7,000)   (1,000)      
Allowance for Credit Losses 0   0      
Fair Value 743,000   811,000      
State and municipal            
Available for sale securities:            
Amortized Cost 2,636,000   2,638,000      
Gross Unrealized Gains 0   0      
Gross Unrealized Losses (48,000)   (49,000)      
Allowance for Credit Losses 0   0      
Fair Value 2,588,000   2,589,000      
CLO securities            
Available for sale securities:            
Amortized Cost 182,688,000   270,148,000      
Gross Unrealized Gains 495,000   926,000      
Gross Unrealized Losses 0   0      
Allowance for Credit Losses 0   0      
Fair Value 183,183,000   271,074,000      
Held to maturity securities:            
Amortized Cost 3,082,000   3,178,000      
Gross Unrecognized Gains 0   0      
Gross Unrecognized Losses (2,567,000)   (1,300,000)      
Fair Value 515,000   1,878,000      
Allowance for credit losses (2,105,000)   (1,628,000)      
Total held to maturity securities, net of ACL 977,000   1,550,000      
Corporate bonds            
Available for sale securities:            
Amortized Cost 264,000   265,000      
Gross Unrealized Gains 0   0      
Gross Unrealized Losses (4,000)   (2,000)      
Allowance for Credit Losses 0   0      
Fair Value 260,000   263,000      
SBA pooled securities            
Available for sale securities:            
Amortized Cost 976,000   1,079,000      
Gross Unrealized Gains 8,000   10,000      
Gross Unrealized Losses (48,000)   (49,000)      
Allowance for Credit Losses 0   0      
Fair Value $ 936,000   $ 1,040,000