v3.26.1
SHORT-TERM BORROWINGS AND LONG-TERM DEBT - (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table presents the Company's long-term debt, which is based on original maturity and consists of advances under the arrangement with Federal Home Loan Bank of Des Moines (the "FHLB") and junior subordinated debentures as of the dates
presented. These borrowing agreements may include customary financial covenants, with which the Company was in compliance as of June 30, 2026 and December 31, 2025.

(dollars in thousands)June 30, 2026December 31, 2025
Long-term debt:
Federal Home Loan Bank long-term advances$25,000 $25,000 
Junior subordinated debentures51,547 51,547 
Total$76,547 $76,547 
Schedule of Maturities of Long-Term Debt
At June 30, 2026, future principal payments on long-term debt based on redemption date or final maturity are as follows:

(dollars in thousands)
Year Ending December 31,
2026 (remainder)$— 
2027— 
202825,000 
2029— 
2030— 
2031— 
Thereafter51,547 
Total$76,547 
Schedule of Subordinated Borrowing
The following table presents the Company's junior subordinated debentures outstanding, which are recorded in long-term debt on the Company's consolidated balance sheets as of the dates presented:

(dollars in thousands)
Name of TrustJune 30, 2026December 31, 2025Interest Rate
CPB Capital Trust IV ("Trust IV")$30,928 $30,928 
Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 2.45%
CPB Statutory Trust V ("Trust V")20,619 20,619 
Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 1.87%
Total$51,547 $51,547