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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Gross Realized and Unrealized Gains (Losses) on Marketable Equity Securities The gross realized and unrealized gains (losses) recognized on marketable equity securities in other operating income in the Company's Consolidated Statements of Income for the periods indicated were as follows:    
(In Thousands)202520242023
Unrealized gain (loss) on marketable equity securities$169 $465 $120 
Gain on sale of marketable equity securities, net— 112 — 
Total$169 $577 $120 
Summary of Available-For-Sale Securities The following table summarizes the amortized cost, estimated fair value, and ACL of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and unrecognized gains and losses of held to maturity securities at the periods indicated:
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesFair Value
December 31, 2025    
Securities available for sale    
U.S. Treasury and government sponsored entities$389,391 $1,717 ($2,371)$— $388,737 
U.S. Agency mortgage-backed securities4,797 — — 4,798 
Corporate bonds5,003 — (51)— 4,952 
Collateralized loan obligations22,141 33 — — 22,174 
Total securities available for sale$421,332 $1,751 ($2,422)$— $420,661 
December 31, 2024
Securities available for sale
U.S. Treasury and government sponsored entities$444,370 $294 ($11,733)$— $432,931 
Corporate bonds9,009 (223)— 8,795 
Collateralized loan obligations36,827 66 (2)— 36,891 
Total securities available for sale$490,206 $369 ($11,958)$— $478,617 
Summary of Held-To-Maturity Securities
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2025   
Securities held to maturity
Corporate bonds$26,750 $426 ($578)$26,598 
Allowance for credit losses— — — — 
Total securities held to maturity, net of ACL$26,750 $426 ($578)$26,598 
December 31, 2024
Securities held to maturity
Corporate bonds$36,750 $175 ($1,175)$35,750 
Allowance for credit losses— — — — 
Total securities held to maturity, net of ACL$36,750 $175 ($1,175)$35,750 
Schedule of Gross Unrealized Losses on Investment Securities Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2025 and 2024, were as follows:
 Less Than 12 MonthsMore Than 12 MonthsTotal
(In Thousands)Fair
Value
Unrealized LossesFair
Value
Unrealized LossesFair
Value
Unrealized Losses
2025      
Securities Available for Sale      
U.S. Treasury and government sponsored entities$19,992 ($8)$236,387 ($2,363)$256,379 ($2,371)
Corporate bonds— — 4,592 (51)4,592 (51)
Total$19,992 ($8)$240,979 ($2,414)$260,971 ($2,422)
2024      
Securities Available for Sale      
U.S. Treasury and government sponsored entities$44,262 ($422)$358,446 ($11,311)$402,708 ($11,733)
Corporate bonds— — 4,786 (223)4,786 (223)
Collateralized loan obligations— — 4,993 (2)4,993 (2)
Total$44,262 ($422)$368,225 ($11,536)$412,487 ($11,958)
Schedule of Amortized Cost and Fair Value by Contractual Maturity The amortized cost and fair values of available for sale and held to maturity debt securities at December 31, 2025, are distributed by contractual maturity as shown below.  Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.  
(In  Thousands)Amortized CostFair ValueWeighted Average Yield
U.S. Treasury and government sponsored entities   
Within 1 year$200,029 $198,035 1.36 %
1-5 years179,683 180,759 3.75 %
5-10 years9,679 9,943 4.41 %
Total$389,391 $388,737 2.54 %
U.S. Agency mortgage-backed securities   
5-10 years$972 $972 5.28 %
Over 10 years3,825 3,826 4.89 %
Total$4,797 $4,798 4.96 %
Corporate bonds   
Within 1 year$10,000 $10,016 5.36 %
1-5 years5,003 4,952 1.50 %
5-10 years16,750 16,249 5.02 %
Total$31,753 $31,217 4.58 %
Collateralized loan obligations   
5-10 years$8,141 $8,171 6.00 %
Over 10 years14,000 14,003 5.41 %
Total$22,141 $22,174 5.63 %
Schedule of Proceeds, Gains, and Losses for Investment Securities The proceeds and resulting gains and losses, computed using specific identification, from sales of investment securities for the years ending December 31, 2025, 2024, and 2023, respectively, are as follows: 
(In Thousands)ProceedsGross GainsGross Losses
2025   
Available for sale securities$1,446 $— ($1)
2024   
Available for sale securities$— $— $— 
2023   
Available for sale securities$— $— $— 
Summary of Interest Income on Investment Securities A summary of interest income for the years ending December 31, 2025, 2024, and 2023 on available for investment securities is as follows:
(In Thousands)202520242023
U.S. Treasury and government sponsored entities$9,368 $9,810 $11,074 
U.S. Agency mortgage-backed securities173 — — 
Other1,941 3,943 4,741 
Total taxable interest income$11,482 $13,753 $15,815 
Municipal securities$— $3 $18 
Total tax-exempt interest income$— $3 $18 
Total$11,482 $13,756 $15,833