Investment Securities (Tables)

3 Months Ended

Mar. 31, 2026

Investment Securities [Abstract]

Amortized Cost and Fair Value of Debt Securities Available for Sale

The amortized cost and fair value of the debt securities available for sale are as follows:

	March 31, 2026
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(dollars in thousands)	Cost		Gains		Losses		Value
U.S. government sponsored enterprises	$	14,966	$	-	$	79	$	14,887
State and political subdivisions		9		-		-		9
Mortgage backed securities and collateralized mortgage obligations - residential		221,545		334		16,670		205,209
Corporate bonds		69,973		18		854		69,137
Small Business Administration - guaranteed participation securities		11,496		-		700		10,796
Other		689		19		-		708
Total Securities Available for Sale	$	318,678	$	371	$	18,303	$	300,746

	December 31, 2025
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(dollars in thousands)	Cost		Gains		Losses		Value
U.S. government sponsored enterprises	$	31,939	$	18	$	185	$	31,772
State and political subdivisions		9		-		-		9
Mortgage backed securities and collateralized mortgage obligations - residential		221,611		543		15,864		206,290
Corporate bonds		59,972		99		139		59,932
Small Business Administration - guaranteed participation securities		12,427		-		717		11,710
Other		689		16		-		705
Total Securities Available for Sale	$	326,647	$	676	$	16,905	$	310,418

Proceeds from Sales and Calls and Maturities of Debt Securities Available For Sale, Gross Realized Gains and Gross Realized Losses

The proceeds from sales and calls and maturities of debt securities available for sale, gross realized gains and gross realized losses from sales and calls during the three months ended March 31, 2026 and 2025 are as follows:

	Three months ended March 31,
(dollars in thousands)	2026		2025
Proceeds from sales	$	-	$	-
Proceeds from calls/paydowns		17,873		13,723
Proceeds from maturities		15,000		35,000
Gross realized gains		-		-
Gross realized losses		-		-

Amortized Cost and Fair Value of Held to Maturity Securities

The amortized cost and fair value of the held to maturity securities are as follows:

	March 31, 2026
			Gross		Gross
	Amortized		Unrecognized		Unrecognized		Fair
(dollars in thousands)	Cost		Gains		Losses		Value
Mortgage backed securities and collateralized mortgage obligations - residential	$	4,097	$	81	$	44	$	4,134
Total held to maturity	$	4,097	$	81	$	44	$	4,134

	December 31, 2025
			Gross		Gross
	Amortized		Unrecognized		Unrecognized		Fair
(dollars in thousands)	Cost		Gains		Losses		Value
Mortgage backed securities and collateralized mortgage obligations - residential	$	4,339	$	90	$	40	$	4,389
Total held to maturity	$	4,339	$	90	$	40	$	4,389

Securities Available for Sale [Member]

Investment Securities [Abstract]

Debt Securities Based on Securities Contractual Maturity

The following table categorizes the debt securities included in the available for sale portfolio as of March 31, 2026, based on the securities’ final maturity. Actual maturities may differ because of securities prepayments and the right of certain issuers to call or prepay their obligations without penalty. Debt securities not due at a single maturity date are presented separately:

	March 31, 2026
	Amortized		Fair
(dollars in thousands)	Cost		Value
Due in one year or less	$	10,014	$	9,958
Due after one year through five years		75,623		74,783
Mortgage backed securities and collateralized mortgage obligations - residential		221,545		205,209
Small Business Administration - guaranteed participation securities		11,496		10,796
	$	318,678	$	300,746

Gross Unrealized Losses on Investment on Debt Securities and Related Fair Values in Unrealized Loss Position

Gross unrealized losses on debt securities available for sale and the related fair values aggregated by the length of time that individual securities have been in an unrealized loss position, were as follows:

	March 31, 2026
	Less than				12 months
	12 months				or more				Total
			Gross				Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(dollars in thousands)	Value		Loss		Value		Loss		Value		Loss
U.S. government sponsored enterprises	$	4,997	$	3	$	9,890	$	76	$	14,887	$	79
Mortgage backed securities and collateralized mortgage obligations - residential		13,139		271		167,769		16,399		180,908		16,670
Corporate bonds		66,619		854		-		-		66,619		854
Small Business Administration - guaranteed participation securities		-		-		10,796		700		10,796		700
Total	$	84,755	$	1,128	$	188,455	$	17,175	$	273,210	$	18,303

	December 31, 2025
	Less than				12 months
	12 months				or more				Total
			Gross				Gross				Gross
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(dollars in thousands)	Value		Loss		Value		Loss		Value		Loss
U.S. government sponsored enterprises	$	1,998	$	2	$	24,756	$	183	$	26,754	$	185
Mortgage backed securities and collateralized mortgage obligations - residential		-		-		178,551		15,864		178,551		15,864
Corporate bonds		34,842		139		-		-		34,842		139
Small Business Administration - guaranteed participation securities		-		-		11,710		717		11,710		717
Total	$	36,840	$	141	$	215,017	$	16,764	$	251,857	$	16,905

Held to Maturity Securities [Member]

Investment Securities [Abstract]

Debt Securities Based on Securities Contractual Maturity

The following table categorizes the debt securities included in the held to maturity portfolio as of March 31, 2026, based on the securities’ final maturity.  Actual maturities may differ because of securities prepayments and the right of certain issuers to call or prepay their obligations without penalty.  Debt securities not due at a single maturity date are presented separately:

	March 31, 2026
(dollars in thousands)	Amortized		Fair
	Cost		Value
Mortgage backed securities and collateralized mortgage obligations - residential	$	4,097	$	4,134
	$	4,097	$	4,134

Gross Unrealized Losses on Investment on Debt Securities and Related Fair Values in Unrealized Loss Position

Gross unrecognized losses on held to maturity securities and the related fair values aggregated by the length of time that individual securities have been in an unrecognized loss position, were as follows:

	March 31, 2026
	Less than				12 months
(dollars in thousands)	12 months				or more				Total
			Gross				Gross				Gross
	Fair		Unrec.		Fair		Unrec.		Fair		Unrec.
	Value		Loss		Value		Loss		Value		Loss
Mortgage backed securities and collateralized mortgage obligations - residential	$	166	$	1	$	1,332	$	43	$	1,498	$	44
Total	$	166	$	1	$	1,332	$	43	$	1,498	$	44

	December 31, 2025
	Less than				12 months
(dollars in thousands)	12 months				or more				Total
			Gross				Gross				Gross
	Fair		Unrec.		Fair		Unrec.		Fair		Unrec.
	Value		Loss		Value		Loss		Value		Loss
Mortgage backed securities and collateralized mortgage obligations - residential	$	123	$	-	$	1,485	$	40	$	1,608	$	40
Total	$	123	$	-	$	1,485	$	40	$	1,608	$	40