v3.26.1
FAIR VALUE DISCLOSURES (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The tables below present the balances of assets measured at fair value on a recurring basis:
June 30, 2026
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:
U.S. Treasury securities$24,860 $0 $0 $24,860 
U.S. government sponsored agency securities0 111,307 0 111,307 
Mortgage-backed securities: residential0 429,895 0 429,895 
State and municipal securities0 464,922 4,179 469,101 
Total securities available-for-sale24,860 1,006,124 4,179 1,035,163 
Mortgage banking derivative0 177 0 177 
Interest rate swap derivative0 14,894 0 14,894 
Total assets$24,860 $1,021,195 $4,179 $1,050,234 
Liabilities:
Mortgage banking derivative$0 $1 $0 $1 
Interest rate swap derivative$0 $14,895 $0 $14,895 
Total liabilities$0 $14,896 $0 $14,896 
December 31, 2025
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:        
U.S. Treasury securities$10,119 $0 $0 $10,119 
U.S. government sponsored agency securities0 115,690 0 115,690 
Mortgage-backed securities: residential0 454,163 0 454,163 
State and municipal securities0 467,589 4,501 472,090 
Total securities available-for-sale10,119 1,037,442 4,501 1,052,062 
Mortgage banking derivative0 115 0 115 
Interest rate swap derivative0 14,634 0 14,634 
Total assets$10,119 $1,052,191 $4,501 $1,066,811 
Liabilities:
Mortgage banking derivative$0 $8 $0 $8 
Interest rate swap derivative0 14,634 0 14,634 
Total liabilities$0 $14,642 $0 $14,642 
Schedule of Assets Measured at Fair Value on a Nonrecurring Basis
The tables below present the balances of assets measured at fair value on a nonrecurring basis:
June 30, 2026
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets
Collateral dependent loans:
Commercial and industrial loans:
Working capital lines of credit loans$0 $0 $2,144 $2,144 
Non-working capital loans0 0 1,434 1,434 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 738 738 
  Nonowner occupied loans0 0 1,519 1,519 
Agri-business and agricultural loans:
Loans secured by farmland0 0 15 15 
Consumer 1‑4 family mortgage loans:
Open end and junior lien loans0 0 1,541 1,541 
Total collateral dependent loans0 0 7,391 7,391 
Total assets$0 $0 $7,391 $7,391 
December 31, 2025
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets        
Collateral dependent loans:        
Commercial and industrial loans:        
Working capital lines of credit loans$0 $0 $1,719 $1,719 
Non-working capital loans0 0 1,672 1,672 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 811 811 
Nonowner occupied loans0 0 1,543 1,543 
Agri-business and agricultural loans:
Loans secured by farmland0 0 18 18 
Consumer 1‑4 family mortgage loans:
Open end and junior lien loans0 0 1,523 1,523 
Total collateral dependent loans0 0 7,286 7,286 
Total assets$0 $0 $7,286 $7,286 
Schedule of Valuation Methodology and Unobservable Inputs for Level 3 Assets Measured at Fair Value on a Non-Recurring Basis
The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at June 30, 2026:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$3,578 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability48 %
6%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans2,257 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability31 %
13%-65%
Collateral dependent loans:
Agri-business and agricultural15 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability65 %
Collateral dependent loans:    
Consumer 1-4 family mortgage1,541 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability9 %
The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2025:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$3,391 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability52 %
6%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans2,354 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability28 %
7%-62%
Collateral dependent loans:    
Agri-business and agricultural18 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability62 %
Collateral dependent loans:    
Consumer 1-4 family mortgage1,523 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability12 %
Schedule of Fair Values and the Related Carrying Values of Financial Instruments
The following tables contain the estimated fair values and the related carrying values of the Company’s financial instruments. Items that are not financial instruments are not included.
June 30, 2026
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$194,126 $194,125 $0 $0 $194,125 
Securities available-for-sale1,035,163 24,860 1,006,124 4,179 1,035,163 
Securities held-to-maturity134,025 0 119,433 0 119,433 
Real estate mortgages held-for-sale3,630 0 3,681 0 3,681 
Loans, net5,509,027 0 0 5,459,836 5,459,836 
Mortgage banking derivative177 0 177 0 177 
Interest rate swap derivative14,894 0 14,894 0 14,894 
Federal Reserve and Federal Home Loan Bank Stock21,420 N/AN/AN/AN/A
Accrued interest receivable29,514 0 8,333 21,181 29,514 
Financial Liabilities:
Certificates of deposit$927,375 $0 $924,081 $0 $924,081 
All other deposits5,402,193 5,402,193 0 0 5,402,193 
Federal Home Loan Bank advances:
Short-term advance70,000 70,000 0 0 70,000 
Long-term advance1,200 0 800 0 800 
Mortgage banking derivative1 0 1 0 1 
Interest rate swap derivative14,895 0 14,895 0 14,895 
Standby letters of credit247 0 0 247 247 
Accrued interest payable8,961 353 8,608 0 8,961 
December 31, 2025
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$141,318 $141,318 $0 $0 $141,318 
Securities available-for-sale1,052,062 10,119 1,037,442 4,501 1,052,062 
Securities held-to-maturity133,208 0 117,510 0 117,510 
Real estate mortgages held-for-sale2,707 0 2,753 0 2,753 
Loans, net5,306,354 0 0 5,257,552 5,257,552 
Mortgage banking derivative115 0 115 0 115 
Interest rate swap derivative14,634 0 14,634 0 14,634 
Federal Reserve and Federal Home Loan Bank Stock21,420 N/AN/AN/AN/A
Accrued interest receivable28,997 0 8,306 20,691 28,997 
Financial Liabilities:
Certificates of deposit$750,726 $0 $748,798 $0 $748,798 
All other deposits5,222,624 5,222,624 0 0 5,222,624 
Federal Home Loan Bank advances:
  Short-term advance170,000 169,998 0 0 169,998 
  Long-term advance1,200 0 792 0 792 
Other borrowings13,000 0 12,997 0 12,997 
Mortgage banking derivative8 0 8 0 8 
Interest rate swap derivative14,634 0 14,634 0 14,634 
Standby letters of credit296 0 0 296 296 
Accrued interest payable8,868 410 8,458 0 8,868