Investment Securities (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Investments, Debt and Equity Securities [Abstract] |
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| Schedule of Amortized Cost and Fair Value of Debt Securities Available-for-Sale |
The amortized cost and fair value of debt securities classified as available-for-sale at June 30, 2026 and December 31, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | Gross Unrealized | | | | (dollars in thousands) | Total Amortized Cost | | Gains | | Losses | | Fair Value | | June 30, 2026 | | | | | | | | | U.S. Treasury | $ | 6,911 | | | $ | 22 | | | $ | — | | | $ | 6,933 | | | | | | | | | | | U.S. government-sponsored enterprises | 4,001 | | 3 | | (136) | | 3,868 | | Obligations of states and political subdivisions | 119,998 | | 25 | | (17,535) | | 102,488 | | Mortgage-backed securities | | | | | | | | | Residential | 69,722 | | 275 | | (2,403) | | 67,594 | | Commercial | 14,399 | | 3 | | (1,834) | | 12,568 | Other debt securities (1) | 39,174 | | 370 | | (843) | | 38,701 | Bank issued trust preferred securities (1) | 1,486 | | — | | (162) | | 1,324 | | Total available-for-sale securities | $ | 255,691 | | | $ | 698 | | | $ | (22,913) | | | $ | 233,476 | | | | | | | | | | | December 31, 2025 | | | | | | | | | U.S. Treasury | $ | 4,949 | | | $ | 119 | | | $ | — | | | $ | 5,068 | | | | | | | | | | | U.S. government-sponsored enterprises | 5,001 | | 31 | | (116) | | 4,916 | | Obligations of states and political subdivisions | 121,569 | | 28 | | (17,406) | | 104,191 | | Mortgage-backed securities | | | | | | | | | Residential | 59,865 | | 750 | | (2,232) | | 58,383 | | Commercial | 15,090 | | 19 | | (1,995) | | 13,114 | Other debt securities (1) | 22,979 | | 297 | | (325) | | 22,951 | Bank issued trust preferred securities (1) | 1,486 | | — | | (170) | | 1,316 | | Total available-for-sale securities | $ | 230,939 | | | $ | 1,244 | | | $ | (22,244) | | | $ | 209,939 | |
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| Schedule of Amortized Cost and Fair Value of Debt Securities Classified as Available-for-Sale by Contractual Maturity |
Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties. | | | | | | | | | | | | | June 30, 2026 | | (dollars in thousands) | Amortized Cost | | Fair Value | | Due in one year or less | $ | 1,448 | | | $ | 1,448 | | | Due after one year through five years | 20,003 | | 19,585 | | Due after five years through ten years | 56,876 | | 53,319 | | Due after ten years | 93,243 | | 78,962 | | Total | 171,570 | | | 153,314 | | | Mortgage-backed securities | 84,121 | | 80,162 | | Total available-for-sale securities | $ | 255,691 | | | $ | 233,476 | |
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| Schedule of Other Securities |
Investments in FHLB stock and Midwest Independent BankersBank (“MIB”) stock that do not have readily determinable fair values are required for membership in those organizations. | | | | | | | | | | | | | (dollars in thousands) | June 30, 2026 | | December 31, 2025 | | FHLB stock | $ | 2,473 | | $ | 5,759 | | MIB stock | 151 | | 151 | | Equity securities with readily determinable fair values | 71 | | 66 | | Total other investment securities | $ | 2,695 | | $ | 5,976 |
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| Schedule of Gross Unrealized Losses on Debt Securities and Fair Value of Related Securities Aggregated by Investment Category and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position |
Gross unrealized losses on debt securities and the fair value of the related securities, 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 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Less than 12 months | | 12 months or more | | | | | | (dollars in thousands) | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | Total Fair Value | | Total Unrealized Losses | | June 30, 2026 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. government-sponsored enterprises | $ | — | | | $ | — | | | $ | 1,864 | | | $ | (136) | | | $ | 1,864 | | | $ | (136) | | | Obligations of states and political subdivisions | 1,117 | | | (4) | | | 97,703 | | | (17,531) | | | 98,820 | | | (17,535) | | | Mortgage-backed securities | | | | | | | | | | | | | Residential | 17,134 | | | (84) | | | 18,561 | | | (2,319) | | | 35,695 | | | (2,403) | | | Commercial | 2,542 | | | (37) | | | 8,755 | | | (1,797) | | | 11,297 | | | (1,834) | | | Other debt securities | 14,067 | | | (587) | | | 4,569 | | | (256) | | | 18,636 | | | (843) | | | Bank issued trust preferred securities | — | | | — | | | 1,324 | | | (162) | | | 1,324 | | | (162) | | | Total | $ | 34,860 | | | $ | (712) | | | $ | 132,776 | | | $ | (22,201) | | | $ | 167,636 | | | $ | (22,913) | | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. government-sponsored enterprises | — | | | — | | | 1,884 | | | (116) | | | 1,884 | | | (116) | | | Obligations of states and political subdivisions | 604 | | | (1) | | | 100,994 | | | (17,405) | | | 101,598 | | | (17,406) | | | Mortgage-backed securities | | | | | | | | | | | | | Residential | — | | | — | | | 20,533 | | | (2,232) | | | 20,533 | | | (2,232) | | | Commercial | 848 | | | (7) | | | 9,639 | | | (1,988) | | | 10,487 | | | (1,995) | | | Other debt securities | 2,703 | | | (72) | | | 4,572 | | | (253) | | | 7,275 | | | (325) | | | Bank issued trust preferred securities | — | | | — | | | 1,316 | | | (170) | | | 1,316 | | | (170) | | | Total | $ | 4,155 | | | $ | (80) | | | $ | 138,938 | | | $ | (22,164) | | | $ | 143,093 | | | $ | (22,244) | |
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