
	June 30, 2026
	Amortized Cost		Gross Unrealized				Fair Value
			Gains		Losses
	(In thousands)
Available for sale securities:
U.S. Government and agency obligations
Less than one year	$	30,016	$	6	$	(235)	$	29,787
Due from one through five years	122,201		—		(1,569)		120,632
Due from five through ten years	15,180		—		(827)		14,353
Due after ten years	1,715		—		(126)		1,589
Total U.S. Government and agency obligations	169,112		6		(2,757)		166,361

Corporate bonds
Due from one through five years	2,000		—		(30)		1,970
Due from five through ten years	6,000		—		(295)		5,705
Due after ten years	—		—		—		—
Total corporate bonds	8,000		—		(325)		7,675

Total available for sale securities	$	177,112	$	6	$	(3,082)	$	174,036

Held to maturity securities:
State agency and municipal obligations
Less than one year	$	—	$	—	$	—	$	—
Due from five through ten years	7,084		99		(193)		6,990
Due after ten years	22,230		1,697		(103)		23,824



Total held to maturity securities	$	29,314	$	1,796	$	(296)	$	30,814


	December 31, 2025
	Amortized Cost		Gross Unrealized				Fair Value
			Gains		Losses
	(In thousands)
Available for sale securities:
U.S. Government and agency obligations
Less than one year	$	35,088	$	43	$	(421)	$	34,710
Due from one through five years	97,864		127		(698)		97,293
Due from five through ten years	17,024		—		(756)		16,268
Due after ten years	1,754		—		(101)		1,653
Total U.S. Government and agency obligations	151,730		170		(1,976)		149,924
Corporate bonds

Due from one through five years	4,000		2		(22)		3,980
Due from five through ten years	7,000		—		(495)		6,505
Due after ten years	—		—		—		—
Total corporate bonds	11,000		2		(517)		10,485

Total available for sale securities	$	162,730	$	172	$	(2,493)	$	160,409

Held to maturity securities:
State agency and municipal obligations
Less than one year	$	—	$	—	$	—	$	—
Due from one through five years	2,764		130		—		2,894
Due after ten years	26,701		1,650		(200)		28,151
Total held to maturity securities	$	29,465	$	1,780	$	(200)	$	31,045

As of June 30, 2026, the Company held marketable equity securities with a fair value of $2.3 million and an amortized cost of $2.4 million. At December 31, 2025, the Company held marketable equity securities with a fair value of $2.2 million and an amortized cost of $2.3 million. These securities represent an investment in mutual funds that have an objective to make investments for Community Reinvestment Act ("CRA") purposes.

The following tables provide information regarding available for sale securities and held to maturity securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2026 and December 31, 2025:


	Length of Time in Continuous Unrealized Loss Position
	Less Than 12 Months						12 Months or More						Total
	Fair Value		Unrealized Loss		Percent Decline from Amortized Cost		Fair Value		Unrealized Loss		Percent Decline from Amortized Cost		Fair Value		Unrealized Loss		Percent Decline from Amortized Cost
	(Dollars in thousands)

June 30, 2026
U.S. Government and agency obligations	$	113,939	$	(1,284)	1.11	%	$	42,416	$	(1,473)	3.36	%	$	156,355	$	(2,757)	1.73	%
Corporate bonds	—		—		—		7,675		(325)		4.06		7,675		(325)		4.06

Total investment securities	$	113,939	$	(1,284)	1.11	%	$	50,091	$	(1,798)	3.46	%	$	164,030	$	(3,082)	1.84	%


	Length of Time in Continuous Unrealized Loss Position
	Less Than 12 Months						12 Months or More						Total
	Fair Value		Unrealized Loss		Percent Decline from Amortized Cost		Fair Value		Unrealized Loss		Percent Decline from Amortized Cost		Fair Value		Unrealized Loss		Percent Decline from Amortized Cost
	(Dollars in thousands)

December 31, 2025
U.S. Government and agency obligations	$	50,496	$	(346)	0.68	%	$	54,320	$	(1,630)	2.91	%	$	104,816	$	(1,976)	1.85	%
Corporate bonds	—		—		—		7,483		(517)		6.47		7,483		(517)		6.47

Total investment securities	$	50,496	$	(346)	0.68	%	$	61,803	$	(2,147)	3.36	%	$	112,299	$	(2,493)	2.17	%

There were twenty-seven and twenty-nine available for sale securities or held to maturity securities as of June 30, 2026 and December 31, 2025, respectively, in which the fair value of the security was less than the amortized cost of the security.

The U.S. Government and agency obligations owned are either direct obligations of the U.S. Government or guaranteed by the U.S. Government. Therefore, the contractual cash flows are guaranteed and as a result the unrealized losses in this portfolio are considered to be only temporarily impaired.

The corporate bonds are investments in subordinated debt of federally insured banks, the majority of which are callable after five years of origination. The Company monitors its corporate bond, state agency and municipal bond portfolios and considers them to have minimal default risk.