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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis
The following table presents the balances of financial assets measured at fair value on a recurring basis (dollars in thousands):
Fair Value Measurements Using
Financial AssetsBalancesLevel 1Level 2Level 3
As of December 31, 2025:
Available for sale securities:
U.S. government and federal agencies$438,323 $437,339 $984 $— 
Mortgage-backed securities5,327 — 5,327 — 
Corporate bonds62,908 489 62,419 — 
State and municipal securities102,246 — 102,246 — 
Total available for sale securities$608,804 $437,828 $170,976 $— 
Equity securities547 547 — — 
Total$609,351 $438,375 $170,976 $— 
As of December 31, 2024:
Available for sale securities:
U.S. government and federal agencies$206,403 $204,452 $1,951 $— 
Mortgage-backed securities7,395 — 7,395 — 
Corporate bonds43,974 480 43,494 — 
State and municipal securities100,557 — 100,557 — 
Total available for sale securities$358,329 $204,932 $153,397 $— 
Equity securities515 515 — — 
Total$358,844 $205,447 $153,397 $— 
Schedule of Fair Value, by Balance Sheet Grouping
The following tables present the carrying value and estimated fair value including the level within the fair value hierarchy of the Company’s financial instruments as of December 31, 2025 and December 31, 2024 (dollars in thousands):
Carrying
Amount
Fair Value Measurements UsingTotal
Fair Value
Level 1Level 2Level 3
As of December 31, 2025:
Financial assets:
Cash and due from banks$586,630 $586,630 $— $— $586,630 
Securities available for sale608,804 437,828 170,976 — 608,804 
Securities held to maturity, net256,510 85,681 159,595 — 245,276 
Equity securities547 547 — — 547 
Restricted securities3,383 — 3,383 — 3,383 
Loans, net270,663 — — 265,971 265,971 
Accrued interest receivable7,108 — 7,108 — 7,108 
Financial liabilities:
Time deposits9,233 — — 9,204 9,204 
Accrued interest payable32 — 32 — 32 
Carrying
Amount
Fair Value Measurements UsingTotal
Fair Value
Level 1Level 2Level 3
As of December 31, 2024:
Financial assets:
Cash and due from banks$410,739 $410,739 $— $— $410,739 
Securities available for sale358,329 204,932 153,397 — 358,329 
Securities held to maturity, net300,451 107,593 171,358 — 278,951 
Equity securities515 515 — — 515 
Restricted securities2,886 — 2,886 — 2,886 
Loans held for sale316 — 316 — 316 
Loans, net308,773 — — 294,316 294,316 
Accrued interest receivable4,231 — 4,231 — 4,231 
Financial liabilities:
Time deposits11,711 — — 11,650 11,650 
Accrued interest payable46 — 46 — 46