Securities (Tables)

6 Months Ended

Jun. 30, 2026

Securities

Schedule of amortized cost and fair value of investments classified as available-for-sale

	June 30, 2026
	Amortized		Unrealized		Unrealized
(Dollar amounts in thousands)	Cost		Gains		Losses		Fair Value
U.S. Government agencies	$	99,213	$	42	$	(8,004)	$	91,251
Mortgage Backed Securities - residential		570,584		203		(61,392)		509,395
Mortgage Backed Securities - commercial		12,607		—		(529)		12,078
Collateralized mortgage obligations		176,150		32		(23,657)		152,525
State and municipal obligations		403,478		1,716		(23,206)		381,988
Municipal taxable		20,068		38		(2,040)		18,066
Collateralized debt obligations		248		2,651		—		2,899
TOTAL	$	1,282,348	$	4,682	$	(118,828)	$	1,168,202

	December 31, 2025
	Amortized		Unrealized		Unrealized
(Dollar amounts in thousands)	Cost		Gains		Losses		Fair Value
U.S. Government agencies	$	91,945	$	114	$	(7,749)	$	84,310
Mortgage Backed Securities-residential		573,002		873		(58,456)		515,419
Mortgage Backed Securities-commercial		12,712		2		(328)		12,386
Collateralized mortgage obligations		179,638		82		(21,622)		158,098
State and municipal obligations		379,894		1,280		(23,456)		357,718
Municipal taxable		20,554		84		(1,893)		18,745
Collateralized debt obligations		—		2,850		—		2,850
TOTAL	$	1,257,745	$	5,285	$	(113,504)	$	1,149,526

Schedule of contractual maturities of debt securities

	Available-for-Sale
	Amortized		Fair
(Dollar amounts in thousands)	Cost		Value
Due in one year or less	$	6,313	$	6,288
Due after one but within five years		32,338		31,817
Due after five but within ten years		128,429		125,430
Due after ten years		355,927		330,669
		523,007		494,204
Mortgage-backed securities and collateralized mortgage obligations		759,341		673,998
TOTAL	$	1,282,348	$	1,168,202

Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position

	June 30, 2026
	Less Than 12 Months				More Than 12 Months				Total
			Unrealized				Unrealized				Unrealized
(Dollar amounts in thousands)	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U.S. Government agencies	$	29,897	$	(455)	$	54,258	$	(7,549)	$	84,155	$	(8,004)
Mortgage Backed Securities - Residential		86,927		(1,268)		400,334		(60,124)		487,261		(61,392)
Mortgage Backed Securities - Commercial		1,046		—		10,828		(529)		11,874		(529)
Collateralized mortgage obligations		29,493		(598)		119,729		(23,059)		149,222		(23,657)
State and municipal obligations		60,265		(419)		159,926		(22,787)		220,191		(23,206)
Municipal taxable		888		(7)		13,732		(2,033)		14,620		(2,040)
Collateralized debt obligations		248		—		—		—		248		—
Total temporarily impaired securities	$	208,764	$	(2,747)	$	758,807	$	(116,081)	$	967,571	$	(118,828)

	December 31, 2025
	Less Than 12 Months				More Than 12 Months				Total
			Unrealized				Unrealized				Unrealized
(Dollar amounts in thousands)	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U.S. Government agencies	$	7,137	$	(31)	$	59,562	$	(7,718)	$	66,699	$	(7,749)
Mortgage Backed Securities - Residential		11,961		(29)		427,877		(58,427)		439,838		(58,456)
Mortgage Backed Securities - Commercial		—		—		11,114		(328)		11,114		(328)
Collateralized mortgage obligations		4,381		(43)		135,393		(21,579)		139,774		(21,622)
State and municipal obligations		23,889		(86)		204,976		(23,370)		228,865		(23,456)
Municipal taxable		—		—		13,876		(1,893)		13,876		(1,893)
Total temporarily impaired securities	$	47,368	$	(189)	$	852,798	$	(113,315)	$	900,166	$	(113,504)

Schedule of credit losses recognized in earnings

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollar amounts in thousands)	2026		2025		2026		2025
Beginning balance	$	2,675	$	2,974	$	2,974	$	2,974
Recoveries of amounts previously written off		—		—		(299)		—
Ending balance	$	2,675	$	2,974	$	2,675	$	2,974