SUBSEQUENT EVENTS |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTSIn late July 2026, the Company completed a balance sheet restructuring by selling its remaining low-yielding AFS securities and reinvesting in MBS at current market rates. The Company sold AFS securities of $308.2 million, which resulted in approximately $24 million of after-tax losses in the third quarter. Management expects that the restructuring will improve the Company’s near-term net interest margin as the reinvestment yields are significantly higher than the yields on the securities that were sold. |