v3.26.3
INVESTMENT SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost and Fair Values of AFS Securities The following table summarizes amortized cost and fair value of AFS securities, the corresponding amounts of gross unrealized gains and losses recognized in AOCI and the ACL at September 30, 2026 and December 31, 2025:
Amortized CostGross Unrealized
Gains		(Gross Unrealized
Losses)		Allowance for Credit LossesFair Value
September 30, 2026
U.S. Treasury securities$15,010 $— $844 $— $14,166 
U.S. Government Agencies1,325 35 — — 1,360 
States and political subdivisions217,801 — 30,484 — 187,317 
GSE residential MBSs249,039 — 17,448 — 231,591 
GSE commercial MBSs10,813 19 394 — 10,438 
GSE residential CMOs340,352 255 13,697 — 326,910 
Non-agency CMOs80,030 12 3,084 — 76,958 
Asset-backed69,804 305 675 — 69,434 
Corporate debt957 4 — — 961 
Other313 — — — 313 
Totals$985,444 $630 $66,626 $— $919,448 
December 31, 2025
U.S. Treasury securities$15,016 $— $805 $— $14,211 
U.S. Government Agencies1,746 50 — — 1,796 
States and political subdivisions218,832 288 16,972 — 202,148 
GSE residential MBSs234,016 3,228 3,141 — 234,103 
GSE commercial MBSs6,081 106 16 — 6,171 
GSE residential CMOs354,954 3,425 4,376 — 354,003 
Non-agency CMOs60,693 363 1,233 — 59,823 
Asset-backed78,610 443 803 — 78,250 
Corporate debt1,947 45 — — 1,992 
Other243 — — — 243 
Totals$972,138 $7,948 $27,346 $— $952,740 
Summary of Investment Securities with Unrealized Losses
The following table summarizes investment securities with unrealized losses at September 30, 2026 and December 31, 2025, aggregated by major security type and the length of time in a continuous unrealized loss position:
Less Than 12 Months12 Months or MoreTotal
# of SecuritiesFair ValueUnrealized
Losses		# of SecuritiesFair ValueUnrealized
Losses		# of SecuritiesFair ValueUnrealized
Losses
September 30, 2026
U.S. Treasury securities— $— $— 2 $14,166 $844 2 $14,166 $844 
States and political subdivisions19 15,340 673 40 171,977 29,811 59 187,317 30,484 
GSE residential MBSs90 211,929 13,656 9 19,662 3,792 99 231,591 17,448 
GSE commercial MBS4 8,266 336 2 1,045 58 6 9,311 394 
GSE residential CMOs89 231,212 7,744 16 51,018 5,953 105 282,230 13,697 
Non-agency CMOs15 59,545 2,049 4 15,196 1,035 19 74,741 3,084 
Asset-backed2 5,811 10 10 40,174 665 12 45,985 675 
Totals219 $532,103 $24,468 83 $313,238 $42,158 302 $845,341 $66,626 
December 31, 2025
U.S. Treasury securities— $— $— 2 $14,211 $805 2 $14,211 $805 
States and political subdivisions2 10,498 199 39 176,757 16,773 41 187,255 16,972 
GSE residential MBSs7 72,981 1,044 8 13,003 2,097 15 85,984 3,141 
GSE commercial MBS2 1,222 16 — — — 2 1,222 16 
GSE residential CMOs9 39,588 335 21 87,901 4,041 30 127,489 4,376 
Non-agency CMOs5 21,230 180 4 16,158 1,053 9 37,388 1,233 
Asset-backed2 3,890 29 9 43,168 774 11 47,058 803 
Totals27 $149,409 $1,803 83 $351,198 $25,543 110 $500,607 $27,346 
Summary of Amortized Cost and Fair Values of AFS Securities by Contractual Maturity
The following table summarizes amortized cost and fair value of investment securities by contractual maturity at September 30, 2026. Expected maturities may differ from contractual maturities if issuers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
Amortized CostFair Value
Due in one year or less$5,993 $5,916 
Due after one year through five years44,966 41,350 
Due after five years through ten years54,039 49,025 
Due after ten years130,408 107,826 
CMOs and MBSs680,234 645,897 
Asset-backed69,804 69,434 
Totals$985,444 $919,448 
Summary of Proceeds From Sale of AFS Securities and Gross Gains and Gross Losses
The following table summarizes proceeds from sales of investment securities and gross gains and gross losses for the three and nine months ended September 30, 2026 and 2025:
Three months ended September 30,Nine months ended September 30,
2026202520262025
Proceeds from sale of investment securities$— $41,647 $— $41,647 
Gross gains15 50 72 71 
Gross losses— — 2 —