v3.26.1
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of fair value measurements of assets recognized in the accompanying statements of financial condition measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements

Fair value measurements using

Quoted prices

in active

markets

Other

Significant

for identical

observable

unobservable

assets

inputs

inputs

  ​ ​ ​

Fair value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

(In Thousands)

June 30, 2026

Available-for-sale securities

Agency mortgage-backed securities

$

287,134

$

$

287,134

$

Agency collateralized mortgage obligations

112,831

112,831

States and political subdivisions securities

51,695

51,695

Small Business Administration securities

52,135

52,135

Interest rate derivative asset

5,879

5,879

Interest rate derivative liability

(15,120)

(15,120)

December 31, 2025

Available-for-sale securities

Agency mortgage-backed securities

$

301,249

$

$

301,249

$

Agency collateralized mortgage obligations

115,333

115,333

States and political subdivisions securities

51,398

51,398

Small Business Administration securities

55,851

55,851

Interest rate derivative asset

5,663

5,663

Interest rate derivative liability

(11,236)

(11,236)

Schedule of fair value measurements of assets measured at fair value on a nonrecurring basis

Fair Value Measurements Using

Quoted prices

in active

markets

Other

Significant

for identical

observable

unobservable

assets

inputs

inputs

  ​ ​ ​

Fair value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

(In Thousands)

June 30, 2026

  ​

  ​

  ​

  ​

Collateral-dependent loans

$

$

$

$

Foreclosed assets held for sale

$

$

$

$

December 31, 2025

 

 

  ​

 

  ​

 

  ​

Collateral-dependent loans

$

$

$

$

Foreclosed assets held for sale

$

65

$

$

$

65

Schedule of estimated fair values of the Company's financial instruments not recorded at fair value on the statements of financial condition

June 30, 2026

  ​ ​ ​

December 31, 2025

Carrying

Fair

Hierarchy

Carrying

Fair

Hierarchy

  ​ ​ ​

Amount

  ​ ​ ​

Value

  ​ ​ ​

Level

  ​ ​ ​

Amount

  ​ ​ ​

Value

  ​ ​ ​

Level

(In Thousands)

Financial assets

Cash and cash equivalents

$

179,981

$

179,981

1

$

189,554

$

189,554

1

Held-to-maturity securities

175,264

157,872

2

179,200

162,629

2

Mortgage loans held for sale

7,868

7,868

2

6,838

6,838

2

Loans, net of allowance for credit losses

4,307,712

4,239,792

3

4,356,853

4,261,757

3

Interest receivable

18,467

18,467

3

18,068

18,068

3

Investment in FHLBank stock and other assets

27,414

27,414

3

20,079

20,079

3

Financial liabilities

Deposits

4,302,067

4,299,632

3

4,482,774

4,480,770

3

Short-term borrowings

485,473

485,473

3

379,395

379,395

3

Subordinated debentures

25,774

25,774

3

25,774

25,774

3

Interest payable

3,080

3,080

3

3,612

3,612

3

Unrecognized financial instruments (net of contractual value)

Commitments to originate loans

3

3

Letters of credit

144

144

3

53

53

3

Lines of credit

3

3