v3.26.1
INVESTMENT SECURITIES (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost and Fair Values of AFS Securities The following table summarizes amortized cost and fair value of AFS securities, the corresponding amounts of gross unrealized gains and losses recognized in AOCI and the ACL at June 30, 2026 and December 31, 2025:
Amortized CostGross Unrealized
Gains		(Gross Unrealized
Losses)		Allowance for Credit LossesFair Value
June 30, 2026
U.S. Treasury securities$15,012 $— $806 $— $14,206 
U.S. Government Agencies1,449 36 — — 1,485 
States and political subdivisions218,855 119 14,846 — 204,128 
GSE residential MBSs235,069 901 4,607 — 231,363 
GSE commercial MBSs10,977 55 33 — 10,999 
GSE residential CMOs345,191 1,732 5,343 — 341,580 
Non-agency CMOs74,016 55 1,349 — 72,722 
Asset-backed71,892 354 721 — 71,525 
Corporate debt953 22 — — 975 
Other298 — — — 298 
Totals$973,712 $3,274 $27,705 $— $949,281 
December 31, 2025
U.S. Treasury securities$15,016 $— $805 $— $14,211 
U.S. Government Agencies1,746 50 — — 1,796 
States and political subdivisions218,832 288 16,972 — 202,148 
GSE residential MBSs234,016 3,228 3,141 — 234,103 
GSE commercial MBSs6,081 106 16 — 6,171 
GSE residential CMOs354,954 3,425 4,376 — 354,003 
Non-agency CMOs60,693 363 1,233 — 59,823 
Asset-backed78,610 443 803 — 78,250 
Corporate debt1,947 45 — — 1,992 
Other243 — — — 243 
Totals$972,138 $7,948 $27,346 $— $952,740 
Summary of Investment Securities with Unrealized Losses
The following table summarizes investment securities with unrealized losses at June 30, 2026 and December 31, 2025, aggregated by major security type and the length of time in a continuous unrealized loss position:
Less Than 12 Months12 Months or MoreTotal
# of SecuritiesFair ValueUnrealized
Losses		# of SecuritiesFair ValueUnrealized
Losses		# of SecuritiesFair ValueUnrealized
Losses
June 30, 2026
U.S. Treasury securities— $— $— 2 $14,206 $806 2 $14,206 $806 
States and political subdivisions4 7,071 80 40 188,089 14,766 44 195,160 14,846 
GSE residential MBSs14 106,023 2,448 8 12,289 2,159 22 118,312 4,607 
GSE commercial MBS1 5,373 6 2 1,139 27 3 6,512 33 
GSE residential CMOs18 86,665 1,175 15 49,615 4,168 33 136,280 5,343 
Non-agency CMOs13 54,384 469 4 15,650 880 17 70,034 1,349 
Asset-backed2 5,199 6 11 44,579 715 13 49,778 721 
Totals52 $264,715 $4,184 82 $325,567 $23,521 134 $590,282 $27,705 
December 31, 2025
U.S. Treasury securities— $— $— 2 $14,211 $805 2 $14,211 $805 
States and political subdivisions2 10,498 199 39 176,757 16,773 41 187,255 16,972 
GSE residential MBSs7 72,981 1,044 8 13,003 2,097 15 85,984 3,141 
GSE commercial MBS2 1,222 16 — — — 2 1,222 16 
GSE residential CMOs9 39,588 335 21 87,901 4,041 30 127,489 4,376 
Non-agency CMOs5 21,230 180 4 16,158 1,053 9 37,388 1,233 
Asset-backed2 3,890 29 9 43,168 774 11 47,058 803 
Totals27 $149,409 $1,803 83 $351,198 $25,543 110 $500,607 $27,346 
Summary of Amortized Cost and Fair Values of AFS Securities by Contractual Maturity
The following table summarizes amortized cost and fair value of investment securities by contractual maturity at June 30, 2026. Expected maturities may differ from contractual maturities if issuers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
Amortized CostFair Value
Due in one year or less$1,108 $1,106 
Due after one year through five years49,898 46,916 
Due after five years through ten years54,563 52,069 
Due after ten years130,998 121,001 
CMOs and MBSs665,253 656,664 
Asset-backed71,892 71,525 
Totals$973,712 $949,281 
Summary of Proceeds From Sale of AFS Securities and Gross Gains and Gross Losses
The following table summarizes proceeds from sales of investment securities and gross gains and gross losses for the three and six months ended June 30, 2026 and 2025:
Three months ended June 30,Six months ended June 30,
2026202520262025
Proceeds from sale of investment securities$— $— $— $— 
Gross gains57 8 57 21 
Gross losses— — 2 —