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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Benefit Plans [Abstract]  
Change in Component of Other Comprehensive income (Loss) Related to Retirement Plan and Post-retirement Benefit Plan
The following table details the change in the components of other comprehensive income (loss) related to the retirement plan and the postretirement benefit plan, at December 31, 2025 and 2024, respectively:

(dollars in thousands)

December 31, 2025
 


     
Post-
       


Retirement
   
Retirement
       


Plan
   
Benefit Plan
   
Total
 


               
Change in overfunded position of pension and postretirement benefits
 
$
(4,707
)
 
$
(2,988
)
 
$
(7,695
)
Prior service cost

 
-
     
-
     
-
 
Amortization of net actuarial gain

 
964
     
1,034
     
1,998
 
Amortization of prior service cost

 
-
     
(13
)
   
(13
)
Total
 
$
(3,743
)
 
$
(1,967
)
 
$
(5,710
)


 
December 31, 2024
 
 
       
Post-
       
 
 
Retirement
   
Retirement
       
 
 
Plan
   
Benefit Plan
   
Total
 
 
                 
Change in overfunded position of pension and postretirement benefits
 
$
(7,451
)
 
$
(3,073
)
 
$
(10,524
)
Prior service cost
   
-
     
-
     
-
 
Amortization of net  actuarial gain
   
86
     
738
     
824
 
Amortization of prior service cost
   
-
     
(13
)
   
(13
)
Total
 
$
(7,365
)
 
$
(2,348
)
 
$
(9,713
)
Asset Allocation of Pension and Postretirement Benefit Plans
The asset allocations of the Company’s pension and postretirement benefit plans at December 31, were as follows:


 
Pension Benefit
   
Postretirement Benefit
 

 
Plan Assets
   
Plan Assets
 
   
2025
   
2024
   
2025
   
2024
 
Debt Securities
   
27
%
   
34
%
   
31
%
   
32
%
Equity Securities
   
64
     
62
     
62
     
62
 
Other
   
9
     
4
     
7
     
6
 
Total
   
100
%
   
100
%
   
100
%
   
100
%
Fair Value of Plan Assets by type of Financial Instrument and Level Hierarchy
The fair value of the plan assets at December 31, 2025 and 2024, by asset category, is as follows:

         
Fair Value Measurements at
 
         
December 31, 2025 Using:
 
Retirement Plan
             
Significant
       
(dollars in thousands)
       
Quoted Prices in
   
Other
   
Significant
 
         
Active Markets for
   
Observable
   
Unobservable
 
   
Carrying
   
Identical Assets
   
Inputs
   
Inputs
 
   
Value
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
Plan Assets
                       
Cash and cash equivalents
 
$
6,561
   
$
6,561
   
$
-
   
$
-
 
Equity mutual funds
   
47,460
     
47,460
     
-
     
-
 
U.S. government sponsored enterprises
   
19,671
     
-
     
19,671
     
-
 
Fixed income mutual funds
   
540
     
540
     
-
     
-
 
                                 
Total Plan Assets
  $
74,232


$ 54,561

$
19,671


$
-


         
Fair Value Measurements at
 
         
December 31, 2025 Using:
 
               
Significant
       
Postretirement Benefits
       
Quoted Prices in
   
Other
   
Significant
 
(dollars in thousands)
       
Active Markets for
   
Observable
   
Unobservable
 
   
Carrying
   
Identical Assets
   
Inputs
   
Inputs
 
   
Value
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
Plan Assets
                       
Cash and cash equivalents
 
$
2,918
   
$
2,918
   
$
-
   
$
-
 
Equity mutual funds
   
26,820
     
26,820
     
-
     
-
 
U.S. government sponsored enterprises
   
13,116
     
-
     
13,116
     
-
 
                                 
Total Plan Assets
 
$
42,854
   
$
29,738
   
$
13,116
   
$
-
 
         
Fair Value Measurements at
 
         
December 31, 2024 Using:
 
               
Significant
       
Retirement Plan
       
Quoted Prices in
   
Other
   
Significant
 
(dollars in thousands)
       
Active Markets for
   
Observable
   
Unobservable
 
   
Carrying
   
Identical Assets
   
Inputs
   
Inputs
 
   
Value
   
(Level 1)
   
(Level 2)
   
(Level 3)
 
                         
Plan Assets                        
Cash and cash equivalents
 
$
2,848
   
$
2,848
   
$
-
   
$
-
 
Equity mutual funds
   
41,384
     
41,384
     
-
     
-
 
U.S. government sponsored enterprises
   
22,659
     
-
     
22,659
     
-
 
Corporate bonds
   
-
     
-
     
-
     
-
 
Fixed income mutual funds
   
530
     
530
     
-
     
-
 

                               
Total Plan Assets  
$
67,421
   
$
44,762
   
$
22,659
   
$
-
 


       
Fair Value Measurements at
 

       
December 31, 2024 Using:
 

             
Significant
       
Postretirement Benefits
       
Quoted Prices in
   
Other
   
Significant
 
(dollars in thousands)
       
Active Markets for
   
Observable
   
Unobservable
 

 
Carrying
   
Identical Assets
   
Inputs
   
Inputs
 
   
Value
   
(Level 1)
   
(Level 2)
   
(Level 3)
 

                       
Plan Assets
                               
Cash and cash equivalents
 
$
2,407
   
$
2,407
   
$
-
   
$
-
 
Equity mutual funds
   
23,377
     
23,377
     
-
     
-
 
U.S. government sponsored enterprises
   
12,295
     
-
     
12,295
     
-
 
                                 
Total Plan Assets
 
$
38,079
   
$
25,784
   
$
12,295
   
$
-
 
Summary of the Status of Stock Option Plans
 A summary of the status of the Company’s stock option awards as of December 31, 2025 and changes during the year then ended, are as follows:

   
Outstanding Options
 
             
Weighted
 
         
Weighted
 
Average
 
         
Average
 
Remaining
 
   
Number of
   
Exercise
 
Contractual
 
   
Options
   
Price
 
Life
 
Balance, January 1, 2025
   
8,036
   
$
32.15
     
New options awarded - 2025
   
-
     
-
     
Expired options - 2025
   
(1,460
)
   
32.15
     
Options forfeited - 2025
   
-
     
-
     
Exercised options - 2025
   
(6,576
)
   
32.15
     
Balance, December 31, 2025
   
-
   
$
-
 
 0 years
 

                      

 
Exercisable Options
 
                 
    
 
Balance, December 31, 2025
   
-
   
$
-
 
 0 years
 
Restricted Stock Units [Member]  
Benefit Plans [Abstract]  
Restricted Share Units
Restricted stock units

 
       
Weighted-Average
 
 
       
Grant-Date
 
 
 
Shares
   
Fair Value
 
Nonvested at January 1, 2025
   
38,559
   
$
31.99
 
Granted
   
22,671
         
Vested
   
(14,781
)
       
Forfeited
   
(2,215
)
       
Nonvested at December 31, 2025
   
44,234
   
$
36.17
 
Performance Share Units [Member]  
Benefit Plans [Abstract]  
Performance Share Units
Performance share units

 
       
Weighted-Average
 
 
       
Grant-Date
 
 
 
Shares
   
Fair Value
 
Nonvested at January 1, 2025
   
71,497
   
$
31.05
 
Granted
   
34,005
         
Vested
   
-
         
Forfeited
   
(3,323
)
       
Nonvested at December 31, 2025
   
102,179
   
$
33.91
 
Retirement Plan [Member]  
Benefit Plans [Abstract]  
Change in Projected/Accumulated Benefit Obligation
The following tables set forth the plan’s funded status and amounts recognized in the Company’s Consolidated Statements of Condition at December 31, 2025 and 2024:
   
December 31,
 
(dollars in thousands)
 
2025
   
2024
 
             
Projected benefit obligation at beginning of year
 
$
21,592
   
$
23,159
 
Service cost
   
-
     
-
 
Interest cost
   
1,187
     
1,155
 
Benefit payments and expected expenses
   
(1,693
)
   
(1,664
)
Net actuarial loss (gain)
   
349
     
(1,058
)
                 
Projected benefit obligation at end of year
 
$
21,435
   
$
21,592
 
Change in Plan Assets and Reconciliation of Funded Status
Change in Plan Assets and Reconciliation of Funded Status:

   
December 31,
 
(dollars in thousands)
 
2025
   
2024
 
             
Fair value of plan assets at beginning of year
 
$
67,421
   
$
59,641
 
Actual gain on plan assets
   
8,549
     
9,491
 
Benefit payments and actual expenses
   
(1,738
)
   
(1,711
)
Fair value of plan assets at end of year
   
74,232
     
67,421
 
                 
Funded status at end of year
 
$
52,797
   
$
45,829
 
Amounts Recognized in Accumulated Other Comprehensive Income (Loss)
Amounts recognized in accumulated other comprehensive income (loss) consist of the following as of:

   
December 31,
 
   
2025
   
2024
 
Net actuarial gain
 
$
17,658
   
$
13,915
 
Components of Net Periodic Pension Income and Other Amounts Recognized in Other Comprehensive Income (Loss)
Components of Net Periodic Pension Income and Other Amounts Recognized in Other Comprehensive Income (loss):

`
 
For the years ended
 
 
 
December 31,
 
(dollars in thousands)
 
2025
   
2024
   
2023
 
 
                 
Service cost
 
$
-
   
$
-
   
$
-
 
Interest cost
   
1,187
     
1,155
     
1,213
 
Expected return on plan assets
   
(3,448
)
   
(3,050
)
   
(2,684
)
Amortization of net gain
   
(964
)
   
(86
)
   
-
 
Net periodic pension credit
   
(3,225
)
   
(1,981
)
   
(1,471
)
 
                       
Amortization of net gain
   
964
     
86
     
-
 
Net actuarial gain included in other comprehensive income (loss)
   
(4,707
)
   
(7,451
)
   
(5,380
)
Total recognized in other comprehensive income (loss)
   
(3,743
)
   
(7,365
)
   
(5,380
)
 
                       
Total recognized in net periodic benefit credit and other comprehensive income (loss)
 
$
(6,968
)
 
$
(9,346
)
 
$
(6,851
)
Estimated Future Benefit Payments
Estimated Future Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:

(dollars in thousands)
     
       
Year
 
Pension Benefits
 
2026
 
$
1,731
 
2027
   
1,738
 
2028
   
1,786
 
2029
   
1,787
 
2030
   
1,774
 
2031 - 2035
   
8,411
 
Assumptions used to Determine Benefit Obligation and Net Periodic Expense
The assumptions used to determine benefit obligations at December 31 are as follows:

   
2025
   
2024
   
2023
 
Discount rate
   
5.56
%
   
5.69
%
   
5.18
%

The assumptions used to determine net periodic pension expense (benefit) for the years ended December 31 are as follows:

   
2025
   
2024
   
2023
 
Discount rate
   
5.69
%
   
5.18
%
   
5.44
%
Expected long-term rate of return on assets, net of tax
   
4.00
     
4.00
     
4.00
 
Postretirement Benefits [Member]  
Benefit Plans [Abstract]  
Change in Projected/Accumulated Benefit Obligation
Change in Accumulated Benefit Obligation:

(dollars in thousands)
 
December 31,
 
   
2025
   
2024
 
Accumulated benefit obligation at beginning of year
 
$
6,214
   
$
5,628
 
Service cost
   
18
     
18
 
Interest cost
   
352
     
284
 
Prior Service cost
   
-
     
-
 
Benefits paid
   
(206
)
   
(194
)
Net actuarial loss
   
282
     
478
 
                 
Accumulated benefit obligation at end of year
 
$
6,660
   
$
6,214
 
Change in Plan Assets and Reconciliation of Funded Status
Change in Plan Assets and Reconciliation of Funded Status:

(dollars in thousands)
 
December 31,
 
   
2025
   
2024
 
Fair value of plan assets at beginning of year
 
$
38,079
   
$
33,224
 
Actual gain on plan assets
   
4,787
     
4,877
 
Company contributions
   
194
     
172
 
Benefits paid and actual expenses
   
(206
)
   
(194
)
Fair value of plan assets at end of year
   
42,854
     
38,079
 
                 
Funded status at end of year
 
$
36,194
   
$
31,865
 
Amounts Recognized in Accumulated Other Comprehensive Income (Loss)
Amounts recognized in accumulated other comprehensive income (loss) consist of the following as of:
           
             
(dollars in thousands)
 
December 31,
 
   
2025
   
2024
 
Net actuarial gain
 
$
(12,201
)
 
$
(10,247
)
Prior service cost
   
42
     
55
 
                 
Total
 
$
(12,159
)
 
$
(10,192
)
Components of Net Periodic Pension Income and Other Amounts Recognized in Other Comprehensive Income (Loss)
Components of Net Periodic Benefit Income and Other Amounts Recognized in Other Comprehensive Income (loss):

(dollars in thousands)
 
December 31,
 
   
2025
   
2024
   
2023
 
Service cost
 
$
18
   
$
18
   
$
11
 
Interest cost
   
352
     
284
     
271
 
Expected return on plan assets
   
(1,517
)
   
(1,326
)
   
(1,157
)
Amortization of net actuarial gain
   
(1,034
)
   
(738
)
   
(423
)
Amortization of prior service cost
   
13
     
13
     
13
 
Net periodic benefit credit
   
(2,168
)
   
(1,749
)
   
(1,285
)
                         
Net (gain) loss
   
(2,988
)
   
(3,073
)
   
(2,575
)
Amortization of prior service (cost) credit
   
(13
)
   
(13
)
   
(13
)
Prior service cost
   
-
     
-
     
-
 
Amortization of net gain
   
1,034
     
738
     
423
 
Total amount recognized in other comprehensive income (loss)
   
(1,967
)
   
(2,348
)
   
(2,165
)
                         
Total amount recognized in net periodic benefit income and other comprehensive income (loss)
 
$
(4,135
)
 
$
(4,097
)
 
$
(3,450
)
Estimated Future Benefit Payments
Expected Future Benefit Payments

The following benefit payments are expected to be paid:

(dollars in thousands)
     
       
Year
 
Postretirement Benefits
 
       
2026
 
$
332
 
2027
   
377
 
2028
   
425
 
2029
   
462
 
2030
   
508
 
2031 - 2035
   
2,109
 
Assumptions used to Determine Benefit Obligation and Net Periodic Expense
The discount rate assumption used to determine benefit obligations at December 31 is as follows:

   
2025
   
2024
   
2023
 
Discount rate
   
5.56
%
   
5.69
%
   
5.18
%

The assumptions used to determine net periodic pension expense (benefit) for the years ended December 31 are as follows:
                   
   
2025
   
2024
   
2023
 
Discount rate
   
5.69
%
   
5.18
%
   
5.44
%
Expected long-term rate of return on assets, net of tax
   
4.00
     
4.00
     
4.00
 
Liability Awards [Member] | Restricted Stock Units [Member]  
Benefit Plans [Abstract]  
Restricted Share Units
Restricted share units


 
Outstanding
 

 
Units
 
Balance, December 31, 2024
   
45,065
 
New cash settled awards granted
   
19,758
 
Forfeited awards
   
(3,839
)
Awards settled
   
(25,268
)
Balance, December 31, 2025
   
35,716
 
Liability Awards [Member] | Performance Share Units [Member]  
Benefit Plans [Abstract]  
Performance Share Units
Performance share units

   
Outstanding
 
   
Units
 
Balance, December 31, 2024
   
100,723
 
New cash settled awards granted
   
28,432
 
Forfeited awards
   
(2,629
)
Awards settled
   
(67,857
)
Balance, December 31, 2025
   
58,669