v3.26.1
Borrowed Funds (Tables)
 6 Months Ended
Jun. 30, 2026
Borrowed Funds [Abstract]  
Schedule of Short-Term Borrowings The outstanding balances and related information for short-term borrowings are summarized as follows as of June 30, 2026 and December 31, 2025:
    June 30, 2026  
          Maximum     Weighted  
    Ending     Month End     Average Rate  
(In Thousands)   Balance     Balance     At Period End  
Securities sold under agreements to repurchase   $ 6,496     $ 14,979       3.60%  
Other short-term borrowings     17,800       17,800       3.93%  
Total   $ 24,296     $ 32,779       3.78%  

 

    December 31, 2025  
          Maximum     Weighted  
    Ending     Month End     Average Rate  
(In Thousands)   Balance     Balance     At Period End  
                   
Securities sold under agreements to repurchase   $ 12,455     $ 39,810       2.97%  
Other short-term borrowings     —       22,210       N/A  
Total   $ 12,455     $ 62,020       2.97%  
Schedule of Remaining Contractual Maturity of Repurchase Agreements in Consolidated Balance Sheets

The remaining contractual maturity of repurchase agreements in the Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025 is presented in the following tables:

 

    Remaining Contractual Maturity of the Agreements  
    Overnight and                 Greater than 90        
(In Thousands)   Continuous     Up to 30 Days     30-90 Days     Days     Total  
June 30, 2026                                        
Securities sold under agreements to repurchase:                                        
Obligations of U.S. Government agencies or corporations   $ —     $ —     $ —     $ 4,592       4,592  
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or corporations:                                        
Residential mortgage-backed securities     1,479       —       —       425       1,904  
Total borrowings   $ 1,479     $ —     $ —     $ 5,017     $ 6,496  
                                         
Gross amount of recognized liabilities for repurchase agreements                                   $ 6,496  
Amounts related to agreements not included in offsetting disclosure above                                   $ —  

 

    Remaining Contractual Maturity of the Agreements  
    Overnight and                 Greater than 90        
(In Thousands)   Continuous     Up to 30 Days     30-90 Days     Days     Total  
December 31, 2025                                        
Securities sold under agreements to repurchase:                                        
Obligations of U.S. Government agencies or corporations   $ —     $ 600     $ —     $ 3,346       3,946  
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or corporations:                                        
Residential mortgage-backed securities     8,509       —       —       —       8,509  
Total borrowings   $ 8,509     $ 600     $ —     $ 3,346     $ 12,455  
                                         
Gross amount of recognized liabilities for repurchase agreements                                   $ 12,455  
Amounts related to agreements not included in offsetting disclosure above                                   $ —  
Schedule of Long-Term FHLB Borrowings

Long-term FHLB borrowings consisted of the following at June 30, 2026 and December 31, 2025:

 

(In Thousands)   June 30,
2026		     December 31,
2025		  
Loans maturing in 2026 with a weighted-average rate of 4.05%   $ —     $ 15,359  
Loans maturing in 2027 with a weighted-average rate of 3.93%     —       15,417  
Loans maturing in 2028 with a weighted-average rate of 3.85%     —       10,208  
Total long-term FHLB borrowings; weighted-average rate of 3.96%     —       40,984  
Unamortized fair value adjustments     —       (400 )
Total long-term borrowings   $ —     $ 40,584