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Securities (Tables)
 12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-for-Sale
Securities AFS consist of the following at December 31:
Amortized
Cost		UnrealizedFair Value
GainsLosses
(In thousands)
2022
U.S. agency$13,191 $10 $1,100 $12,101 
U.S. agency residential mortgage-backed100,700 19 10,261 90,458 
U.S. agency commercial mortgage-backed15,047 — 1,594 13,453 
Private label mortgage-backed102,196 245 8,596 93,845 
Other asset backed200,755 — 6,030 194,725 
Obligations of states and political subdivisions346,187 55 50,565 295,677 
Corporate87,308 — 9,151 78,157 
Trust preferred979 — 48 931 
Total$866,363 $329 $87,345 $779,347 
2021
U.S. agency$34,634 $152 $112 $34,674 
U.S. agency residential mortgage-backed309,907 1,952 3,874 307,985 
U.S. agency commercial mortgage-backed23,066 84 224 22,926 
Private label mortgage-backed102,480 807 672 102,615 
Other asset backed215,235 1,204 269 216,170 
Obligations of states and political subdivisions568,355 9,942 2,221 576,076 
Corporate148,707 2,446 1,194 149,959 
Trust preferred1,975 — 56 1,919 
Foreign government499 7 — 506 
Total$1,404,858 $16,594 $8,622 $1,412,830 
Debt Securities, Held-to-Maturity
Securities HTM consist of the following at December 31:
Carrying
Value		Transferred
Unrealized
Loss (1)		ACLAmortized
Cost		UnrealizedFair Value
GainsLosses
(In thousands)
2022
U.S. agency$27,634 $1,839 $— $29,473 $— $5,066 $24,407 
U.S. agency residential mortgage-backed117,650 10,845 — 128,495 — 25,239 103,256 
U.S. agency commercial mortgage-backed4,798 228 — 5,026 — 596 4,430 
Private label mortgage-backed7,242 416 1 7,659 — 997 6,662 
Obligations of states and political subdivisions168,134 8,555 39 176,728 11 25,591 151,148 
Corporate48,418 1,130 123 49,671 — 5,156 44,515 
Trust preferred942 53 5 1,000 — — 1,000 
Total$374,818 $23,066 $168 $398,052 $11 $62,645 $335,418 
(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.
Schedule of Unrealized Loss on Investments
Our investments’ gross unrealized losses and fair values for securities AFS aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position, at December 31 follows:
Less Than Twelve MonthsTwelve Months or MoreTotal
Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses
(In thousands)
2022
U.S. agency$8,244 $799 $2,587 $301 $10,831 $1,100 
U.S. agency residential mortgage-backed33,784 1,920 54,793 8,341 88,577 10,261 
U.S. agency commercial mortgage-backed1,609 73 11,844 1,521 13,453 1,594 
Private label mortgage-backed39,954 2,582 53,346 6,014 93,300 8,596 
Other asset backed110,859 2,657 83,802 3,373 194,661 6,030 
Obligations of states and political subdivisions56,455 10,216 231,705 40,349 288,160 50,565 
Corporate24,876 1,737 51,293 7,414 76,169 9,151 
Trust preferred— — 931 48 931 48 
Total$275,781 $19,984 $490,301 $67,361 $766,082 $87,345 
2021
U.S. agency$11,986 $109 $1,286 $3 $13,272 $112 
U.S. agency residential mortgage-backed171,398 3,555 19,024 319 190,422 3,874 
U.S. agency commercial mortgage-backed19,900 224 — — 19,900 224 
Private label mortgage-backed64,408 640 2,180 32 66,588 672 
Other asset backed86,581 248 978 21 87,559 269 
Obligations of states and political subdivisions178,484 2,151 7,093 70 185,577 2,221 
Corporate75,166 1,150 1,050 44 76,216 1,194 
Trust preferred— — 1,919 56 1,919 56 
Total$607,923 $8,077 $33,530 $545 $641,453 $8,622 
Debt Securities, Held-to-Maturity, Credit Quality
On a quarterly basis, we monitor the credit quality of securities HTM through the use of credit ratings. The carrying value of securities HTM at December 31, 2022, aggregated by credit quality follow:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Carrying
Value
Total
(In thousands)
Credit rating:
AAA$7,242 $32,876 $— $— $40,118 
AA— 110,033 — — 110,033 
A— 3,917 6,900 — 10,817 
BBB— 1,167 38,621 — 39,788 
Non-rated— 20,141 2,897 942 23,980 
Total$7,242 $168,134 $48,418 $942 $224,736 
Debt Securities, Held-to-Maturity, Allowance for Credit Loss
An analysis of the ACL by security HTM type for the year ended December 31, follows:
Private
Label
Mortgage-
Backed		Obligations
of States
and Political
Subdivisions		CorporateTrust
Preferred		Total
(In thousands)
2022
Balance at beginning of period$— $— $— $— $— 
Additions (deductions)
Provision for credit losses1 39 123 5 168 
Recoveries credited to the allowance— — — — — 
Securities HTM charged against the allowance— — — — — 
Balance at end of period$1 $39 $123 $5 $168 
Investments Classified by Contractual Maturity Date
The amortized cost and fair value of securities AFS and securities HTM at December 31, 2022, by contractual maturity, follow:
Securities AFSSecurities HTM
Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
(In thousands)
Maturing within one year$11,663 $11,521 $5,959 $5,928 
Maturing after one year but within five years119,701 107,942 45,013 40,838 
Maturing after five years but within ten years108,819 91,876 116,115 100,641 
Maturing after ten years207,482 175,527 89,785 73,663 
447,665 386,866 256,872 221,070 
U.S. agency residential mortgage-backed100,700 90,458 128,495 103,256 
U.S. agency commercial mortgage-backed15,047 13,453 5,026 4,430 
Private label mortgage-backed102,196 93,845 7,659 6,662 
Other asset backed200,755 194,725 — — 
Total$866,363 $779,347 $398,052 $335,418 
Gains and Losses Realized on Sale of Securities Available for Sale
A summary of proceeds from the sale of securities available for sale and gains and losses for the years ended December 31 follow:
Realized
ProceedsGainsLosses
(In thousands)
2022$70,523 $164 $439 
202185,371 1,475 64 
202038,095 271 4