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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-sale
Debt securities AFS as of the balance sheet dates consisted of the following:
December 31, 2024Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(Dollars in thousands)
U.S. Government-sponsored enterprises$29,664 $— $(3,449)$26,215 
Agency MBS206,170 — (32,895)173,275 
State and political subdivisions55,737 14 (7,201)48,550 
Corporate2,500 (38)2,464 
Total$294,071 $16 $(43,583)$250,504 
December 31, 2023Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair
Value
(Dollars in thousands)
U.S. Government-sponsored enterprises$44,153 $— $(4,802)$39,351 
Agency MBS182,568 88 (30,272)152,384 
State and political subdivisions72,254 395 (6,210)66,439 
Corporate6,358 — (149)6,209 
Total$305,333 $483 $(41,433)$264,383 
Schedule of Unrealized Loss on Investments
Information pertaining to AFS debt securities with gross unrealized losses, for which an ACL has not been recorded, as of the balance sheet dates, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
December 31, 2024Less Than 12 Months12 Months and OverTotal
 Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
$2,012 $(69)26 $24,203 $(3,380)27 $26,215 $(3,449)
Agency MBS11 43,367 (784)87 129,908 (32,111)98 173,275 (32,895)
State and political
  subdivisions
1,564 (8)52 46,470 (7,193)53 48,034 (7,201)
Corporate499 (1)1,463 (37)1,962 (38)
Total14 $47,442 $(862)168 $202,044 $(42,721)182 $249,486 $(43,583)
December 31, 2023Less Than 12 Months12 Months and OverTotal
 Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
Number of SecuritiesFair
Value
Gross
Unrealized
Loss
(Dollars in thousands)
U.S. Government-
  sponsored enterprises
$2,891 $(4)32 $36,460 $(4,798)34 $39,351 $(4,802)
Agency MBS— — — 93 147,260 (30,272)93 147,260 (30,272)
State and political
  subdivisions
10 14,532 (276)65 40,720 (5,934)75 55,252 (6,210)
Corporate— — — 13 6,209 (149)13 6,209 (149)
Total12 $17,423 $(280)203 $230,649 $(41,153)215 $248,072 $(41,433)
Schedule of Realized Gain (Loss)
There were no dispositions of AFS debt securities for the year ended December 31, 2023. The following table presents the proceeds from sales resulting in gross realized gains and gross realized losses from the disposition of AFS debt securities for the year ended December 31, 2024:
2024
(Dollars in thousands)
Proceeds from sales$37,218 
Gross gains218 
Gross losses(1,511)
Net losses$(1,293)
Schedule of Investments Classified by Contractual Maturity Date
The amortized cost and estimated fair value of AFS debt securities by contractual scheduled maturity as of December 31, 2024, were as follows:
Amortized
Cost
Fair
Value
Available-for-sale(Dollars in thousands)
Due in one year or less$1,011 $1,011 
Due from one to five years14,519 13,235 
Due from five to ten years11,511 10,115 
Due after ten years60,860 52,868 
 87,901 77,229 
Agency MBS206,170 173,275 
Total$294,071 $250,504