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Investment Securities (Tables)
 9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-Sale Securities Reconciliation
The following tables provide information on the amortized cost and estimated fair values of debt securities.
($ in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Available-for-sale securities:
September 30, 2024
U.S. Treasury and government agencies$23,047 $6 $2,363 $20,690 
Mortgage-backed-residential111,748 234 5,761 106,221 
Other debt securities6,146 328 46 6,428 
Total$140,941 $568 $8,170 $133,339 
December 31, 2023
U.S. Treasury and government agencies$23,472 $5 $3,002 $20,475 
Mortgage-backed-residential91,280 5 7,258 84,027 
Other debt securities6,080 59 120 6,019 
Total$120,832 $69 $10,380 $110,521 
Schedule of Held-to-Maturity Securities Reconciliation
($ in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair ValueAllowance for Credit Losses
Held-to-maturity securities:
September 30, 2024
U.S. Treasury and government agencies$132,870 $3 $7,375 $125,498 $— 
Mortgage-backed-residential339,848 51 36,293 303,606 — 
States and political subdivisions1,466 42 9 1,499 — 
Other debt securities10,500 — 807 9,693 101 
Total$484,684 $96 $44,484 $440,296 $101 
December 31, 2023
U.S. Treasury and government agencies$143,442 $— $10,377 $133,065 $— 
Mortgage-backed-residential357,870 — 43,864 314,006 — 
States and political subdivisions1,470 57 19 1,508 — 
Other debt securities 10,500 — 1,249 9,251 94 
Total$513,282 $57 $55,509 $457,830 $94 
Activity in the ACL on held-to maturity securities
The following table summarizes the activity in the ACL on HTM securities as of the three and nine months ended September 30, 2024 and September 30, 2023.
($ in thousands)Three Months Ended September 30, 2024Three Months Ended September 30, 2023Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Balance, beginning of period$108 $163 $94 $— 
Other debt securities, (reversal of) provision for credit losses(7)(37)7 126 
Balance, end of period$101 $126 $101 $126 
Available-For-Sale Securities and Held-to-Maturity, Continuous Unrealized Loss Position, Fair Value
The following tables provide information about gross unrealized losses and fair value by length of time that the individual securities have been in a continuous unrealized loss position at September 30, 2024 and December 31, 2023.
Less than 12 MonthsMore than 12 MonthsTotal
($ in thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
September 30, 2024
Available-for-sale securities:
U.S. Treasury and government agencies$— $— $17,951 $2,363 $17,951 $2,363 
Mortgage-backed-residential20,768 53 45,536 5,708 66,304 5,761 
Other debt securities— — 1,958 46 1,958 46 
Total$20,768 $53 $65,445 $8,117 $86,213 $8,170 
Less than 12 MonthsMore than 12 MonthsTotal
($ in thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
December 31, 2023
Available-for-sale securities:
U.S. Treasury and government agencies$74 $— $17,750 $3,002 $17,824 $3,002 
Mortgage-backed-residential24,405 150 52,864 7,108 77,269 7,258 
Other debt securities— — 1,890 120 1,890 120 
Total$24,479 $150 $72,504 $10,230 $96,983 $10,380 
Schedule of Securities Debt Maturities
The following table provides information on the amortized cost and estimated fair values of investment securities by maturity date at September 30, 2024.
Available for saleHeld to maturity
($ in thousands)Amortized CostFair ValueAmortized CostFair Value
Due in one year or less$2,495 $2,498 $7,057 $7,016 
Due after one year through five years14,064 13,368 118,995 113,847 
Due after five years through ten years29,194 27,403 36,270 33,973 
Due after ten years95,188 90,070 322,362 285,460 
Total$140,941 $133,339 $484,684 $440,296