v3.26.1
Securities (Tables)
 6 Months Ended
Jun. 30, 2026
Securities [Abstract]  
Summary of Disaggregated Net Income (Loss) on Equity Securities

For the three months ended June 30,

For the six months ended June 30,

(In Thousands)

2026

2025

2024

2026

2025

2024

Net losses recognized during the period on equity securities held at the reporting date

$

(172)

$

(108)

$

(222)

$

(265)

$

(223)

$

(92)

Net losses recognized during the period on equity securities sold during the period

(76)

-

-

(76)

-

-

Realized and unrealized losses on equity investments during the reporting period

$

(248)

$

(108)

$

(222)

$

(341)

$

(223)

$

(92)
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale

June 30, 2026

  

Gross

  

Gross

  

Amortized

Unrealized

Unrealized

Cost

Gains

Losses

Fair Value

(In Thousands)

Residential Mortgage-backed securities:

  

  

  

More than one to five years

$

978

$

-

$

43

$

935

More than five to ten years

1,154

  

-

  

50

  

1,104

More than ten years

82,993

290

2,977

80,306

Sub-total:

85,125

290

3,070

82,345

Corporate Debt securities:

Due within one year

500

-

-

500

More than one to five years

14,292

46

210

14,128

More than five to ten years

52,022

388

955

51,455

Sub-total:

66,814

434

1,165

66,083

Total securities

$

151,939

  

$

724

  

$

4,235

  

$

148,428

December 31, 2025

  

Gross

  

Gross

  

Amortized

Unrealized

Unrealized

Cost

Gains

Losses

Fair Value

(In Thousands)

Residential Mortgage-backed securities:

  

  

  

More than one to five years

$

754 

$

-

$

23 

$

731 

More than five to ten years

1,787 

-

64 

1,723 

More than ten years

74,040 

591 

2,599 

72,032 

Sub-total:

76,581 

591 

2,686 

74,486 

Corporate Debt securities:

More than one to five years

15,791 

99 

194 

15,696 

More than five to ten years

32,274 

135 

1,209 

31,200 

More than ten years

5,000 

13 

-

5,013 

Sub-total:

53,065 

247 

1,403 

51,909 

Total securities

$

129,646 

$

838 

$

4,089 

$

126,395 
Available for Sale Securities, Continuous Unrealized Loss Position, Fair Value

12 Months or Less

  

More than 12 Months

  

Total

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

Value

Losses

Value

Losses

Value

Losses

(In Thousands)

June 30 2026

  

  

  

  

  

Residential mortgage-backed securities

$

31,103

  

$

269

  

$

25,388

  

$

2,801

  

$

56,491

  

$

3,070

Corporate Debt securities

11,627

123

30,220

1,042

41,847

1,165

$

42,730

  

$

392

  

$

55,608

  

$

3,843

  

$

98,338

  

$

4,235

December 31, 2025

  

  

  

  

  

Residential mortgage-backed securities

$

10,908

  

$

37

  

$

27,036

  

$

2,649

  

$

37,944

  

$

2,686

Corporate Debt securities

-

-

30,859

1,403

30,859

1,403

$

10,908

  

$

37

  

$

57,895

  

$

4,052

  

$

68,803

  

$

4,089