v3.26.1
Securities (Tables)
6 Months Ended
Jun. 30, 2026
Securities  
Schedule of amortized cost and fair values, together with gross unrealized gains and losses of securities

  ​ ​ ​

Gross

  ​ ​ ​

Gross

Unrealized

Unrealized

  ​ ​ ​

Amortized Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

Available-for-sale Securities:

June 30, 2026:

 

  ​

 

  ​

 

  ​

  ​

U.S. government agencies

$

2,500

$

$

(79)

$

2,421

Subordinated notes

22,400

(1,043)

21,357

State and municipal obligations

220,910

1,314

(4,956)

217,268

Total debt securities

$

245,810

$

1,314

$

(6,078)

$

241,046

  ​ ​ ​

Gross

  ​ ​ ​

Gross

Unrealized

Unrealized

  ​ ​ ​

Amortized Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

(In thousands)

Available-for-sale Securities:

 

  ​

 

  ​

 

  ​

 

  ​

December 31, 2025:

 

  ​

 

  ​

 

  ​

 

  ​

U.S. government agencies

$

2,500

$

$

(46)

$

2,454

Subordinated notes

22,400

(1,491)

20,909

State and municipal obligations

215,893

800

(5,852)

210,841

Total debt securities

$

240,793

$

800

$

(7,389)

$

234,204

Schedule of amortized cost and fair value of available-for-sale securities by contractual maturity

Amortized

Fair 

  ​ ​ ​

Cost

  ​ ​ ​

Value

(In thousands)

Under one year

$

$

One to five years

3,334

3,281

Five to ten years

41,505

40,375

Over ten years

200,971

197,390

Totals

$

245,810

$

241,046

Schedule of investments' gross unrealized losses and fair value, aggregated by investment category and length of time

June 30, 2026

Less than 12 Months

12 Months or More

Total

Description of

Unrealized

Unrealized

Unrealized

Securities

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

 

(In thousands)

U.S. Government agencies

$

$

$

2,421

$

(79)

$

2,421

$

(79)

Subordinated notes

2,931

(69)

18,426

(974)

21,357

(1,043)

State and municipal obligations

59,866

(241)

49,517

(4,715)

109,383

(4,956)

Total temporarily impaired securities

$

62,797

$

(310)

$

70,364

$

(5,768)

$

133,161

$

(6,078)

December 31, 2025

Less than 12 Months

12 Months or More

Total

Description of

Unrealized

Unrealized

Unrealized

Securities

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

  ​ ​ ​

Losses

 

(In thousands)

US government agencies

$

$

$

2,454

$

(46)

$

2,454

$

(46)

Subordinated notes

1,916

(84)

18,993

(1,407)

20,909

(1,491)

State and municipal obligations

15,587

(135)

104,435

(5,717)

120,022

(5,852)

Total temporarily impaired securities

$

17,503

$

(219)

$

125,882

$

(7,170)

$

143,385

$

(7,389)