INVESTMENT SECURITIES (Tables) |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Investment Securities [Abstract] | |
| Schedule of Amortized Cost and Related Market Value of Investment Securities Available-for-Sale |
Available for
Amortized
Unrealized
Unrealized
Allowance for
Fair
(Dollars in Thousands)
Cost
Gains
Losses
Credit Losses
Value
December 31, 2025
U.S. Government Treasury
$
331,495
$
1,940
$
171
$
-
$
333,264
U.S. Government Agency
174,527
71
2,484
-
172,114
States and Political Subdivisions
36,918
38
2,045
-
34,911
Mortgage-Backed Securities
(1)
59,699
2
7,697
-
52,004
Corporate Debt Securities
45,810
-
2,236
(42)
43,532
Other Securities
(2)
8,097
-
-
-
8,097
Total
$
656,546
$
2,051
$
14,633
$
(42)
$
643,922
December 31, 2024
U.S. Government Treasury
$
106,710
$
25
$
934
$
-
$
105,801
U.S. Government Agency
148,666
39
5,578
-
143,127
States and Political Subdivisions
43,212
-
3,827
(3)
39,382
Mortgage-Backed Securities
(1)
66,379
-
10,902
-
55,477
Corporate Debt Securities
55,970
-
4,444
(64)
51,462
Other Securities
(2)
8,096
-
-
-
8,096
Total
$
429,033
$
64
$
25,685
$
(67)
$
403,345
Held to Maturity
Amortized
Unrealized
Unrealized
Fair
(Dollars in Thousands)
Cost
Gains
Losses
Value
December 31, 2025
U.S. Government Treasury
$
129,782
$
-
$
514
$
129,268
Mortgage-Backed Securities
247,664
930
8,542
240,052
Total
$
377,446
$
930
$
9,056
$
369,320
December 31, 2024
U.S. Government Treasury
$
368,005
$
-
$
6,476
$
361,529
Mortgage-Backed Securities
199,150
16
16,235
182,931
Total
$
567,155
$
16
$
22,711
$
544,460
(1)
Comprised of residential mortgage-backed
(2)
Includes Federal Home Loan Bank and Federal Reserve Bank recorded
3.0
5.1
|
| Schedule of Investment Securities with Maturity Distribution Based on Contractual Maturities |
Available for
Held to Maturity
Amortized
Fair
Amortized
Fair
(Dollars in Thousands)
Cost
Value
Cost
Value
Due in one year or less
$
102,643
$
102,057
$
129,782
$
129,268
Due after one through five years
335,400
335,032
-
-
Due after five through ten years
25,188
23,042
-
-
Mortgage-Backed Securities
59,699
52,004
247,664
240,052
U.S. Government Agency
125,519
123,690
-
-
Other Securities
8,097
8,097
-
-
Total
$
656,546
$
643,922
$
377,446
$
369,320
|
| Schedule of Investment Securities with Continuous Unrealized Loss Position |
Less Than 12 Months
Greater Than 12 Months
Total
Fair
Unrealized
Fair
Unrealized
Fair
Unrealized
(Dollars in Thousands)
Value
Losses
Value
Losses
Value
Losses
December 31, 2025
Available for
U.S. Government Treasury
$
31,319
$
22
$
8,902
$
149
$
40,221
$
171
U.S. Government Agency
62,809
182
91,760
2,302
154,569
2,484
States and Political Subdivisions
3,030
124
30,705
1,921
33,735
2,045
Mortgage-Backed Securities
-
-
51,932
7,697
51,932
7,697
Corporate Debt Securities
-
-
42,333
2,236
42,333
2,236
Total
97,158
328
225,632
14,305
322,790
14,633
Held to Maturity
U.S. Government Treasury
-
-
129,268
514
129,268
514
Mortgage-Backed Securities
33,589
98
106,262
8,444
139,851
8,542
Total
$
33,589
$
98
$
235,530
$
8,958
$
269,119
$
9,056
December 31, 2024
Available for
U.S. Government Treasury
$
81,363
$
318
$
14,510
$
616
$
95,873
$
934
U.S. Government Agency
33,155
184
100,844
5,394
133,999
5,578
States and Political Subdivisions
2,728
164
36,654
3,663
39,382
3,827
Mortgage-Backed Securities
54
-
55,409
10,902
55,463
10,902
Corporate Debt Securities
3,093
249
48,369
4,195
51,462
4,444
Total
120,393
915
255,786
24,770
376,179
25,685
Held to Maturity
U.S. Government Treasury
-
-
361,529
6,476
361,529
6,476
Mortgage-Backed Securities
58,230
1,000
119,353
15,235
177,583
16,235
Total
$
58,230
$
1,000
$
480,882
$
21,711
$
539,112
$
22,711
|