Investment Securities (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Investment Securities |
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| Schedule of amortized cost, fair value and allowance for credit losses of investment securities |
| | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | | | Amortized | | Unrealized | | Unrealized | | ACL | | Fair | | | Cost | | Gains | | Losses | | Adjustment | | Value | September 30, 2026 | | | | | | | | | | | | | | | | U.S. government agencies and treasuries | | $ | 68,843 | | $ | 69 | | $ | (7,660) | | $ | — | | $ | 61,252 | Mortgage-backed securities - residential | | | 193,664 | | | 61 | | | (27,532) | | | — | | | 166,193 | Mortgage-backed securities - commercial | | | 76,813 | | | — | | | (17,013) | | | — | | | 59,800 | Corporate securities | | | 22,833 | | | 61 | | | (734) | | | — | | | 22,160 | Obligations of states and political subdivisions | | | 90,598 | | | 19 | | | (13,916) | | | — | | | 76,701 | Total debt securities | | $ | 452,751 | | $ | 210 | | $ | (66,855) | | $ | — | | $ | 386,106 |
| | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | | | Amortized | | Unrealized | | Unrealized | | ACL | | Fair | | | Cost | | Gains | | Losses | | Adjustment | | Value | December 31, 2025 | | | | | | | | | | | | | | | | U.S. government agencies and treasuries | | $ | 67,611 | | $ | 56 | | $ | (6,097) | | $ | — | | $ | 61,570 | Mortgage-backed securities - residential | | | 208,761 | | | 153 | | | (20,595) | | | — | | | 188,319 | Mortgage-backed securities - commercial | | | 78,367 | | | 70 | | | (14,931) | | | — | | | 63,506 | Corporate securities | | | 25,001 | | | 60 | | | (1,785) | | | — | | | 23,276 | Obligations of states and political subdivisions | | | 92,357 | | | 44 | | | (9,666) | | | — | | | 82,735 | Total debt securities | | $ | 472,097 | | $ | 383 | | $ | (53,074) | | $ | — | | $ | 419,406 |
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| Schedule of sales of securities gains and losses |
| | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | (In thousands) | Proceeds | | $ | — | | $ | — | | $ | — | | $ | 13,688 | | | | | | | | | | | | | | Gross realized gains | | $ | — | | $ | 159 | | $ | — | | $ | 164 | Gross realized losses | | | — | | | — | | | — | | | (732) | Net gain/(loss) on sales of securities | | | — | | | 159 | | | — | | | (568) | Tax provision on realized net gains and loss | | | — | | | 33 | | | — | | | (119) | Net gain/(loss) on sales of securities, after tax | | $ | — | | $ | 126 | | $ | — | | $ | (449) |
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| Schedule of contractual maturities of debt securities |
| | | | | | | | | Amortized | | Fair | | | Cost | | Value | | | | (In thousands) | Due in one year or less | | $ | 9,787 | | $ | 9,732 | Due after one through five years | | | 25,365 | | | 23,090 | Due after five through ten years | | | 74,758 | | | 65,587 | Due after ten years | | | 72,364 | | | 61,704 | | | | 182,274 | | | 160,113 | Mortgage-backed securities | | | 270,477 | | | 225,993 | Total debt securities | | $ | 452,751 | | $ | 386,106 |
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| Schedule of securities with unrealized and unrecognized losses |
| | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or More | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | September 30, 2026 | | | | | | | | | | | | | | | | | | | U.S. government agencies and treasuries | | $ | 6,144 | | $ | (48) | | $ | 51,051 | | $ | (7,612) | | $ | 57,195 | | $ | (7,660) | Mortgage-backed securities - residential | | | 13,271 | | | (337) | | | 147,731 | | | (27,195) | | | 161,002 | | | (27,532) | Mortgage-backed securities - commercial | | | 6,868 | | | (180) | | | 52,932 | | | (16,833) | | | 59,800 | | | (17,013) | Corporate securities | | | 8,865 | | | (135) | | | 11,234 | | | (599) | | | 20,099 | | | (734) | Obligations of states and political subdivisions | | | 6,313 | | | (236) | | | 68,029 | | | (13,680) | | | 74,342 | | | (13,916) | Total debt securities | | $ | 41,461 | | $ | (936) | | $ | 330,977 | | $ | (65,919) | | $ | 372,438 | | $ | (66,855) |
| | | | | | | | | | | | | | | | | | | | | Less than 12 Months | | 12 Months or More | | Total | | | Fair | | Unrealized | | Fair | | Unrealized | | Fair | | Unrealized | | | Value | | Losses | | Value | | Losses | | Value | | Losses | December 31, 2025 | | | | | | | | | | | | | | | | | | | U.S. government agencies | | $ | 456 | | $ | (1) | | $ | 56,400 | | $ | (6,096) | | $ | 56,856 | | $ | (6,097) | Mortgage-backed securities - residential | | | — | | | — | | | 171,982 | | | (20,595) | | | 171,982 | | | (20,595) | Mortgage-backed securities - commercial | | | — | | | — | | | 57,189 | | | (14,931) | | | 57,189 | | | (14,931) | Corporate securities | | | 2,952 | | | (48) | | | 18,264 | | | (1,737) | | | 21,216 | | | (1,785) | Obligations of states and political subdivisions | | | 1,747 | | | (3) | | | 76,825 | | | (9,663) | | | 78,572 | | | (9,666) | Total debt securities | | $ | 5,155 | | $ | (52) | | $ | 380,660 | | $ | (53,022) | | $ | 385,815 | | $ | (53,074) |
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