v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Credit Related Commitments Financial instruments where contract amounts represent credit risk as of June 30, 2026 and December 31, 2025 include:

(In thousands of dollars)

 

June 30, 2026

 

 

December 31, 2025

 

Commitments to extend credit

 

$

523,719

 

 

$

510,977

 

Letters of credit

 

 

131

 

 

 

181

 

Total

 

$

523,850

 

 

$

511,158

 

Summary of Tax Credit Investment and Equity Investment The following table summarizes the tax credit investment and equity investment as of June 30, 2026 and December 31, 2025:

(In thousands of dollars)

 

Balance Sheet Location

 

June 30, 2026

 

 

December 31, 2025

 

Carrying amount

 

Other assets

 

$

1,491

 

 

$

1,701

 

Amount of future funding commitments not included in carrying amount

 

N/A

 

 

5,468

 

 

 

1,193

 

Summary of Net Provision to Income Tax Expense from Tax Credit Investments

The following table presents a summary of net provision to income tax expense from tax credit investments recognized in the provision for income taxes related to the recognition of tax credits, amortization, adjustments to taxes payable from flow-through losses, and changes in deferred tax items for the three and six months ended June 30, 2026 and 2025:

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

Income Statement

 

June 30,

 

 

June 30,

 

(In thousands of dollars)

 

Location

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Tax credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment in solar tax credits

 

 Income tax benefit

 

$

(68

)

 

$

(499

)

 

$

(65

)

 

$

(437

)