v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements  
Schedule of assets and liabilities measured at fair value on a recurring basis

Fair Value Measurements Using

Quoted Prices
In Active
Markets For
Identical Assets

Significant
Other
Observable
Inputs

Significant
Unobservable
Inputs

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

(In thousands)

June 30, 2026

Assets

Securities available-for-sale

Mortgage-backed securities – agency

$

$

81,219

$

CMOs – agency

158,927

Total available-for-sale

$

$

240,146

$

December 31, 2025

Assets

Securities available-for-sale

Mortgage-backed securities – agency

$

$

85,695

$

CMOs – agency

160,810

Total available-for-sale

$

$

246,505

$

Schedule of carrying amounts and fair values (exit prices) of financial instruments not carried at fair value

Fair Value Measurement at June 30, 2026, Using:

Carrying

  ​ ​ ​

Value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

  ​ ​ ​

Total

(In thousands)

Financial Assets:

Cash and cash equivalents

$

242,183

$

242,183

$

$

$

242,183

Securities, held-to-maturity

56,099

51,111

51,111

Securities, restricted, at cost

3,196

N/A

N/A

N/A

N/A

Loans held for investment, net

1,877,547

1,849,747

1,849,747

Accrued interest receivable

13,572

1,134

12,438

13,572

Financial Liabilities:

Time deposits

5,772

5,717

5,717

Demand and other deposits

2,173,921

2,173,921

2,173,921

Secured borrowings

39

39

39

Accrued interest payable

1

1

1

Fair Value Measurement at December 31, 2025, Using:

Carrying

  ​ ​ ​

Value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

  ​ ​ ​(Level 3)    

  ​ ​ ​

Total

(In thousands)

Financial Assets:

Cash and cash equivalents

$

235,887

$

235,887

$

$

$

235,887

Securities, held-to-maturity

60,193

55,500

55,500

Securities, restricted, at cost

3,173

N/A

N/A

N/A

N/A

Loans held for investment, net

1,734,405

1,710,581

1,710,581

Accrued interest receivable

12,640

1,147

11,493

12,640

Financial Liabilities:

Time deposits

6,172

6,146

6,146

Demand and other deposits

2,056,835

2,056,835

2,056,835

Secured borrowings

40

40

40

Accrued interest payable

1

1

1