Securities (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Securities |
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| Summary of available for sale debt securities |
| | | | | | | | | | | | | | | June 30, 2026 | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | | (Dollars in thousands) | | Cost | | Gains | | Losses | | Fair Value | U.S. Treasury securities | | $ | 4,997 | | $ | — | | $ | (63) | | $ | 4,934 | U.S. government agencies and corporations | | | 25,270 | | | — | | | (1,412) | | | 23,858 | Mortgage-backed securities | | | 249,519 | | | 843 | | | (6,632) | | | 243,730 | Obligations of states and political subdivisions | | | 153,509 | | | 1,656 | | | (1,947) | | | 153,218 | Corporate and other debt securities | | | 33,388 | | | 180 | | | (1,056) | | | 32,512 | Total | | $ | 466,683 | | $ | 2,679 | | $ | (11,110) | | $ | 458,252 |
| | | | | | | | | | | | | | | December 31, 2025 | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | | (Dollars in thousands) | | Cost | | Gains | | Losses | | Fair Value | U.S. Treasury securities | | $ | 4,992 | | $ | — | | $ | (105) | | $ | 4,887 | U.S. government agencies and corporations | | | 60,605 | | | — | | | (4,895) | | | 55,710 | Mortgage-backed securities | | | 211,653 | | | 2,009 | | | (7,830) | | | 205,832 | Obligations of states and political subdivisions | | | 158,158 | | | 1,417 | | | (2,484) | | | 157,091 | Corporate and other debt securities | | | 35,628 | | | 150 | | | (1,187) | | | 34,591 | Total | | $ | 471,036 | | $ | 3,576 | | $ | (16,501) | | $ | 458,111 |
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| Schedule of amortized cost and estimated fair value of securities, by the earlier of contractual maturity or expected maturity |
| | | | | | | | | June 30, 2026 | | | Amortized | | | (Dollars in thousands) | | Cost | | Fair Value | Due in one year or less | | $ | 81,668 | | $ | 79,912 | Due after one year through five years | | | 173,996 | | | 169,229 | Due after five years through ten years | | | 145,830 | | | 144,577 | Due after ten years | | | 65,189 | | | 64,534 | Total | | $ | 466,683 | | $ | 458,252 |
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| Schedule of gross realized gains and losses and the proceeds |
| | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (Dollars in thousands) | | 2026 | | 2025 | | 2026 | | 2025 | Realized gains from sales, maturities and calls of securities: | | | | | | | | | | | | | Gross realized gains | | $ | — | | $ | — | | $ | — | | $ | — | Gross realized losses | | | (7,129) | | | — | | | (7,129) | | | — | Net realized losses | | $ | (7,129) | | $ | — | | $ | (7,129) | | $ | — | Proceeds from sales, maturities, calls and paydowns of securities | | $ | 86,629 | | $ | 14,157 | | $ | 101,219 | | $ | 31,333 |
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| Schedule of securities in an unrealized loss position |
Securities in an unrealized loss position at June 30, 2026, by duration of the period of the unrealized loss, are shown below. | | | | | | | | | | | | | | | | | | | | | | Less Than 12 Months | | 12 Months or More | | Total | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | (Dollars in thousands) | | Value | | Loss | | Value | | Loss | | Value | | Loss | | U.S. Treasury securities | | $ | — | | $ | — | | $ | 4,934 | | $ | 63 | | $ | 4,934 | | $ | 63 | | U.S. government agencies and corporations | | | — | | | — | | | 23,858 | | | 1,412 | | | 23,858 | | | 1,412 | | Mortgage-backed securities | | | 119,889 | | | 1,339 | | | 62,989 | | | 5,293 | | | 182,878 | | | 6,632 | | Obligations of states and political subdivisions | | | 25,683 | | | 267 | | | 28,662 | | | 1,680 | | | 54,345 | | | 1,947 | | Corporate and other debt securities | | | 13,076 | | | 131 | | | 12,825 | | | 925 | | | 25,901 | | | 1,056 | | Total | | $ | 158,648 | | $ | 1,737 | | $ | 133,268 | | $ | 9,373 | | $ | 291,916 | | $ | 11,110 | |
Securities in an unrealized loss position at December 31, 2025, by duration of the period of the unrealized loss, are shown below. | | | | | | | | | | | | | | | | | | | | | | Less Than 12 Months | | 12 Months or More | | Total | | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | (Dollars in thousands) | | Value | | Loss | | Value | | Loss | | Value | | Loss | | U.S. Treasury securities | | $ | — | | $ | — | | $ | 4,887 | | $ | 105 | | $ | 4,887 | | $ | 105 | | U.S. government agencies and corporations | | | — | | | — | | | 55,710 | | | 4,895 | | | 55,710 | | | 4,895 | | Mortgage-backed securities | | | 12,949 | | | 84 | | | 107,826 | | | 7,746 | | | 120,775 | | | 7,830 | | Obligations of states and political subdivisions | | | 7,451 | | | 79 | | | 64,534 | | | 2,405 | | | 71,985 | | | 2,484 | | Corporate and other debt securities | | | 13,009 | | | 119 | | | 15,932 | | | 1,068 | | | 28,941 | | | 1,187 | | Total | | $ | 33,409 | | $ | 282 | | $ | 248,889 | | $ | 16,219 | | $ | 282,298 | | $ | 16,501 | |
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