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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-For-Sale
The following table is the schedule of Available-For-Sale Securities at June 30, 2024, December 31, 2023 and June 30, 2023:
Available-For-Sale Securities
U.S. TreasuriesU.S. Government & Agency
Obligations
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Corporate
and Other
Debt
Securities
Total
Available-
For-Sale
Securities
June 30, 2024
Available-For-Sale Securities,
  at Amortized Cost
$49,559 $160,000 $240 $283,468 $1,000 $494,267 
Gross Unrealized Gains— — — 17 — 17 
Gross Unrealized Losses (103)(6,647)— (36,695)(53)(43,498)
Available-For-Sale Securities,
  at Fair Value
49,456 153,353 240 246,790 947 450,786 
Available-For-Sale Securities,
  Pledged as Collateral, at Fair
  Value
299,368 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$24,621 $60,000 $— $2,058 $— $86,679 
From 1 - 5 Years24,938 100,000 — 179,619 — 304,557 
From 5 - 10 Years— — 240 101,791 1,000 103,031 
Over 10 Years— — — — — — 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$24,608 $59,355 $— $2,011 $— $85,974 
From 1 - 5 Years24,848 93,998 — 160,000 — 278,846 
From 5 - 10 Years— — 240 84,779 947 85,966 
Over 10 Years— — — — — — 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$49,456 $14,978 $— $3,922 $— $68,356 
12 Months or Longer— 138,375 — 241,405 947 380,727 
Total$49,456 $153,353 $— $245,327 $947 $449,083 
Number of Securities in a
  Continuous Loss Position
21 — 98 122 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$103 $22 $— $$— $131 
12 Months or Longer— 6,625 — 36,689 53 43,367 
Total$103 $6,647 $— $36,695 $53 $43,498 
Disaggregated Details:
US Treasuries,
  at Amortized Cost
$49,559 
US Treasuries,
  at Fair Value
49,456 
US Agency Obligations,
  at Amortized Cost
$160,000 
US Agency Obligations,
  at Fair Value
153,353 
Local Municipal Obligations,
  at Amortized Cost
$240 
Local Municipal Obligations,
  at Fair Value
240 
US Government Agency
  Securities, at Amortized Cost
$7,051 
Available-For-Sale Securities
U.S. TreasuriesU.S. Government & Agency
Obligations
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Corporate
and Other
Debt
Securities
Total
Available-
For-Sale
Securities
US Government Agency
  Securities, at Fair Value
6,714 
Government Sponsored Entity
  Securities, at Amortized Cost
276,417 
Government Sponsored Entity
  Securities, at Fair Value
240,076 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value947 
December 31, 2023
Available-For-Sale Securities,
  at Amortized Cost
$73,761 $160,000 $280 $305,161 $1,000 $540,202 
Gross Unrealized Gains243 51 — — 300 
Gross Unrealized Losses— (7,126)— (35,407)(200)(42,733)
Available-For-Sale Securities,
  at Fair Value
74,004 152,925 280 269,760 800 497,769 
Available-For-Sale Securities,
  Pledged as Collateral,
  at Fair Value
242,938 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$— $— $— $— $— $— 
12 Months or Longer— 137,874 — 269,286 800 407,960 
Total$— $137,874 $— $269,286 $800 $407,960 
Number of Securities in a
  Continuous Loss Position
— 19 — 97 117 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$— $— $— $— $— $— 
12 Months or Longer— 7,126 — 35,407 200 42,733 
Total$— $7,126 $— $35,407 $200 $42,733 
Disaggregated Details:
US Treasuries,
  at Amortized Cost
$73,761 
US Treasuries,
  at Fair Value
74,004 
US Agency Obligations,
  at Amortized Cost
$160,000 
US Agency Obligations,
  at Fair Value
152,925 
Local Municipal Obligations,
  at Amortized Cost
$280 
Local Municipal Obligations,
  at Fair Value
280 
US Government Agency
  Securities, at Amortized Cost
$7,291 
US Government Agency
  Securities, at Fair Value
6,864 
Government Sponsored Entity
  Securities, at Amortized Cost
297,870 
Government Sponsored Entity
  Securities, at Fair Value
262,896 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Available-For-Sale Securities
U.S. TreasuriesU.S. Government & Agency
Obligations
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Corporate
and Other
Debt
Securities
Total
Available-
For-Sale
Securities
Corporate Trust Preferred Securities, at Fair Value800 
June 30, 2023
Available-For-Sale Securities,
  at Amortized Cost
$— $190,000 $280 $414,995 $1,000 $606,275 
Gross Unrealized Gains— — — — 
Gross Unrealized Losses— (13,984)— (48,386)(200)(62,570)
Available-For-Sale Securities,
  at Fair Value
— 176,016 280 366,612 800 543,708 
Available-For-Sale Securities,
  Pledged as Collateral, at Fair
  Value
362,707 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$— $29,509 $— $24,851 $— $54,360 
12 Months or Longer— 146,505 — 341,648 800 488,953 
Total$— $176,014 $— $366,499 $800 $543,313 
Number of Securities in a
  Continuous Loss Position
— 25 — 154 180 
Unrealized Losses on Securities
  in a Continuous Loss Position:
Less than 12 Months$— $490 $— $551 $— $1,041 
12 Months or Longer— 13,494 — 47,835 200 61,529 
Total$— $13,984 $— $48,386 $200 $62,570 
Disaggregated Details:
US Treasury Obligations,
  at Amortized Cost
$— 
US Treasury Obligations,
  at Fair Value
— 
US Agency Obligations,
  at Amortized Cost
$190,000 
US Agency Obligations,
  at Fair Value
176,016 
Local Municipal Obligations,
  at Amortized Cost
$280 
Local Municipal Obligations,
  at Fair Value
280 
US Government Agency
  Securities, at Amortized Cost
$7,573 
US Government Agency
  Securities, at Fair Value
7,048 
Government Sponsored Entity
  Securities, at Amortized Cost
407,422 
Government Sponsored Entity
  Securities, at Fair Value
359,564 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value800 
Held-To-Maturity Securities
The following table is the schedule of Held-To-Maturity Securities at June 30, 2024, December 31, 2023 and June 30, 2023:
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
June 30, 2024
Held-To-Maturity Securities,
  at Amortized Cost
$91,659 $7,689 $99,348 
Gross Unrealized Losses(2,530)(364)(2,894)
Held-To-Maturity Securities,
  at Fair Value
89,129 7,325 96,454 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
79,625 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
76,732 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$46,357 $— $46,357 
From 1 - 5 Years43,785 7,689 51,474 
From 5 - 10 Years1,511 — 1,511 
Over 10 Years— 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$45,702 $— $45,702 
From 1 - 5 Years41,956 7,325 49,281 
From 5 - 10 Years1,465 — 1,465 
Over 10 Years— 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$236 $— $236 
12 Months or Longer73,733 7,325 81,058 
Total$73,969 $7,325 $81,294 
Number of Securities in a
  Continuous Loss Position
237 16 253 
Unrealized Losses on Securities
   in a Continuous Loss Position:
Less than 12 Months$$— $
12 Months or Longer2,526 364 2,890 
Total$2,530 $364 $2,894 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$91,659 
Municipal Obligations, at Fair Value89,129 
US Government Agency
  Securities, at Amortized Cost
$2,722 
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
US Government Agency
  Securities, at Fair Value
2,583 
Government Sponsored Entity
  Securities, at Amortized Cost
4,967 
Government Sponsored Entity
  Securities, at Fair Value
4,742 
December 31, 2023
Held-To-Maturity Securities,
  at Amortized Cost
$122,450 $8,945 $131,395 
Gross Unrealized Losses(2,157)(401)(2,558)
Held-To-Maturity Securities,
  at Fair Value
120,293 8,544 128,837 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
115,030 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
112,472 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$1,472 $— $1,472 
12 Months or Longer102,839 8,544 111,383 
Total$104,311 $8,544 $112,855 
Number of Securities in a
  Continuous Loss Position
319 16 335 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$14 $— $14 
12 Months or Longer2,143 402 2,545 
Total$2,157 $402 $2,559 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$122,450 
Municipal Obligations, at Fair Value120,293 
US Government Agency
  Securities, at Amortized Cost
$3,114 
US Government Agency
  Securities, at Fair Value
2,954 
Government Sponsored Entity
  Securities, at Amortized Cost
5,831 
Government Sponsored Entity
  Securities, at Fair Value
5,589 
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
June 30, 2023
Held-To-Maturity Securities,
  at Amortized Cost
$133,176 $10,284 $143,460 
Gross Unrealized Gains— — — 
Gross Unrealized Losses(3,717)(600)(4,317)
Held-To-Maturity Securities,
  at Fair Value
129,459 9,684 139,143 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
120,449 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
115,674 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$19,210 $— $19,210 
12 Months or Longer94,163 9,684 103,847 
Total$113,373 $9,684 $123,057 
Number of Securities in a
  Continuous Loss Position
343 16 359 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$292 $— $292 
12 Months or Longer3,425 600 4,025 
Total$3,717 $600 $4,317 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$133,176 
Municipal Obligations, at Fair Value129,459 
US Government Agency
  Securities, at Amortized Cost
$3,516 
US Government Agency
  Securities, at Fair Value
3,295 
Government Sponsored Entity
  Securities, at Amortized Cost
6,768 
Government Sponsored Entity
  Securities, at Fair Value
6,389 
Debt Securities, Trading, and Equity Securities, FV-NI
The following table is the schedule of Equity Securities at June 30, 2024, December 31, 2023 and June 30, 2023:
Equity Securities
June 30, 2024December 31, 2023June 30, 2023
Equity Securities, at Fair Value$1,996$1,925$1,889
Unrealized Gain (Loss) on Investments
The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the three and six month periods ended June 30, 2024 and 2023:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2024202320242023
Net Gain (Loss) on Equity Securities$54 $(181)$71 $(285)
Less: Net gain recognized during the reporting period on equity securities sold during the period— — — — 
Unrealized net gain (loss) recognized during the reporting period on equity securities still held at the reporting date$54 $(181)$71 $(285)