v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities, Measured on Recurring Basis [Table]
The following tables summarize the balances of assets and liabilities measured at fair value on a recurring basis at the dates indicated:
June 30, 2026
TotalLevel 1Level 2Level 3
(Dollars in thousands)
Assets
Investment securities available for sale:
U.S. government and agency securities$11,823 $— $11,823 $— 
Municipal securities64,390 — 64,390 — 
Residential CMO and MBS(1)
496,178 — 496,178 — 
Commercial CMO and MBS(1)
363,713 — 363,713 — 
Corporate obligations16,423 — 16,423 — 
Other asset-backed securities18,910 — 18,910 — 
Total investment securities available for sale971,437 — 971,437 — 
Equity security538 538 — — 
Derivative assets - interest rate swaps16,990 — 16,990 — 
Liabilities
Derivative liabilities - interest rate swaps$16,990 $— $16,990 $— 
(1) U.S. government agency and government-sponsored enterprise CMO and MBS.
December 31, 2025
TotalLevel 1Level 2Level 3
(Dollars in thousands)
Assets
Investment securities available for sale:
U.S. government and agency securities$11,702 $— $11,702 $— 
Municipal securities51,423 — 51,423 — 
Residential CMO and MBS(1)
275,268 — 275,268 — 
Commercial CMO and MBS(1)
252,164 — 252,164 — 
Corporate obligations10,532 — 10,532 — 
Other asset-backed securities6,433 — 6,433 — 
Total investment securities available for sale607,522 — 607,522 — 
Equity security265 265 — — 
Derivative assets - interest rate swaps14,434 — 14,434 — 
Liabilities
Derivative liabilities - interest rate swaps$14,434 $— $14,434 $— 
(1) U.S. government agency and government-sponsored enterprise CMO and MBS.
Schedule of Fair Value, Assets, Nonrecurring Basis [Table] The following tables present assets measured at fair value on a nonrecurring basis at the dates indicated:
Fair Value at June 30, 2026
TotalLevel 1Level 2Level 3
(Dollars in thousands)
Collateral-dependent loans:
Commercial business:
Commercial and industrial$1,852 $— $— $1,852 
Other real estate owned:
Residential
755 — — 755 
Total assets measured at fair value on a nonrecurring basis$2,607 $— $— $2,607 
Fair Value at December 31, 2025
TotalLevel 1Level 2Level 3
(Dollars in thousands)
Collateral-dependent loans:
Residential real estate
806 — — 806 
Total assets measured at fair value on a nonrecurring basis$806 $— $— $806 
Schedule of Fair Value Measurements, Non-recurring Basis, Level 3 [Table]
The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at the dates indicated:
June 30, 2026
Fair
Value		Valuation
Technique(s)		Unobservable Input(s)Range of Inputs
Weighted
Average(1)
(Dollars in thousands)
Collateral-dependent loans$1,852 Market approachAdjustments to reflect current conditions and selling costs
10.0% - 10.0%
10.0%
Other real estate owned
$755 
Market approach
Adjustments to reflect current conditions and selling costs
10.0%- 16.1%
13.1%
December 31, 2025
Fair
Value		Valuation
Technique(s)		Unobservable Input(s)Range of Inputs
Weighted
Average(1)
(Dollars in thousands)
Collateral-dependent loans$806 Market approachAdjustments to reflect current conditions and selling costs
10.0% - 10.0%
10.0%
(1) Weighted by net discount to net appraisal fair value
Schedule of Fair Value, Financial Instruments, Carrying Value [Table]
The following tables present the carrying value of the Company’s financial instruments and their corresponding estimated fair values at the dates indicated:
June 30, 2026
Carrying
Value		Fair
Value		Fair Value Measurements Using:
Level 1Level 2Level 3
(Dollars in thousands)
Financial Assets:
Cash and cash equivalents$204,375 $204,375 $204,375 $— $— 
Investment securities available for sale971,437 971,437 — 971,437 — 
Investment securities held to maturity661,839 607,782 — 607,782 — 
Loans receivable, net5,688,268 5,683,261 — — 5,683,261 
Derivative assets - interest rate swaps16,990 16,990 — 16,990 — 
Equity security538 538 538 — — 
Financial Liabilities:
Non-maturity deposits$5,983,430 $5,983,430 $5,983,430 $— $— 
Certificates of deposit 1,055,276 1,062,961 — 1,062,961 — 
Borrowings166,250 166,251 — 166,251 — 
Junior subordinated debentures22,497 21,123 — — 21,123 
Derivative liabilities - interest rate swaps16,990 16,990 — 16,990 — 
December 31, 2025
Carrying
Value		Fair
Value		Fair Value Measurements Using:
Level 1Level 2Level 3
(Dollars in thousands)
Financial Assets:
Cash and cash equivalents$233,089 $233,089 $233,089 $— $— 
Investment securities available for sale607,522 607,522 — 607,522 — 
Investment securities held to maturity674,107 625,287 — 625,287 — 
Loans receivable, net4,730,682 4,740,417 — — 4,740,417 
Derivative assets - interest rate swaps14,434 14,434 — 14,434 — 
Equity security265 265 265 — — 
Financial Liabilities:
Non-maturity deposits$4,982,336 $4,982,336 $4,982,336 $— $— 
Certificates of deposit 937,863 942,011 — 942,011 — 
Borrowings20,000 20,044 — 20,044 — 
Junior subordinated debentures22,350 21,102 — — 21,102 
Derivative liabilities - interest rate swaps14,434 14,434 — 14,434 —