XML 39 R29.htm IDEA: XBRL DOCUMENT v3.25.1
Investment Securities (Tables)
 3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-For-Sale
The following table is the schedule of Available-For-Sale Securities at March 31, 2025 and December 31, 2024:
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
March 31, 2025
Available-For-Sale Securities,
  at Amortized Cost		$98,080 $55,000 $240 $319,341 $1,000 $473,661 
Gross Unrealized Gains1,419 6 — 59 — 1,484 
Gross Unrealized Losses — (514)— (28,878)(9)(29,401)
Available-For-Sale Securities,
  at Fair Value 		99,499 54,492 240 290,522 991 445,744 
Available-For-Sale Securities,
  Pledged as Collateral, at Fair
  Value		250,625 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$24,971 $30,000 $— $1,745 $— $56,716 
From 1 - 5 Years48,694 25,000 — 158,377 1,000 233,071 
From 5 - 10 Years24,415 — 240 159,219 — 183,874 
Over 10 Years— — — — — — 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$25,050 $29,978 $— $1,719 $— $56,747 
From 1 - 5 Years49,518 24,514 — 144,602 991 219,625 
From 5 - 10 Years24,931 — 240 144,201 — 169,372 
Over 10 Years— — — — — — 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$— $— $— $58,143 $— $58,143 
12 Months or Longer— 39,486 — 216,937 991 257,414 
Total$— $39,486 $— $275,080 $991 $315,557 
Number of Securities in a
  Continuous Loss Position		— 5 — 96 1 102 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$— $— $— $358 $— $358 
12 Months or Longer— 514 — 28,520 9 29,043 
Total$— $514 $— $28,878 $9 $29,401 
Disaggregated Details:
US Treasuries,
  at Amortized Cost		$98,080 
US Treasuries,
  at Fair Value		99,499 
US Agency Obligations,
  at Amortized Cost		$55,000 
US Agency Obligations,
  at Fair Value		54,492 
Local Municipal Obligations,
  at Amortized Cost		$240 
Local Municipal Obligations,
  at Fair Value		240 
US Government Agency
  Securities, at Amortized Cost		$6,604 
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		6,394 
Government Sponsored Entity
  Securities, at Amortized Cost		312,737 
Government Sponsored Entity
  Securities, at Fair Value		284,128 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value991 
December 31, 2024
Available-For-Sale Securities,
  at Amortized Cost		$97,985 $70,000 $240 $330,448 $1,000 $499,673 
Gross Unrealized Gains90 32 — 29 — 151 
Gross Unrealized Losses(5)(818)— (35,869)(21)(36,713)
Available-For-Sale Securities,
  at Fair Value		98,070 69,214 240 294,608 979 463,111 
Available-For-Sale Securities,
  Pledged as Collateral,
  at Fair Value		181,759 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$48,370 $— $— $66,958 $— $115,328 
12 Months or Longer— 54,182 — 221,305 979 276,466 
Total$48,370 $54,182 $— $288,263 $979 $391,794 
Number of Securities in a
  Continuous Loss Position		2 7 — 97 1 107 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$5 $— $— $2,037 $— $2,042 
12 Months or Longer— 818 — 33,832 21 34,671 
Total$5 $818 $— $35,869 $21 $36,713 
Disaggregated Details:
US Treasuries,
  at Amortized Cost		$97,985 
US Treasuries,
  at Fair Value		98,070 
US Agency Obligations,
  at Amortized Cost		$70,000 
US Agency Obligations,
  at Fair Value		69,214 
Local Municipal Obligations,
  at Amortized Cost		$240 
Local Municipal Obligations,
  at Fair Value		240 
US Government Agency
  Securities, at Amortized Cost		$6,712 
US Government Agency
  Securities, at Fair Value		6,464 
Government Sponsored Entity
  Securities, at Amortized Cost		323,736 
Government Sponsored Entity
  Securities, at Fair Value		288,144 
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 Value979 
Held-To-Maturity Securities
The following table is the schedule of Held-To-Maturity Securities at March 31, 2025 and December 31, 2024:
Held-To-Maturity Securities
State and
Municipal
Obligations		Mortgage-
Backed
Securities		Total
Held-To
Maturity
Securities
March 31, 2025
Held-To-Maturity Securities,
  at Amortized Cost		$91,704 $5,788 $97,492 
Gross Unrealized Losses(989)(168)(1,157)
Held-To-Maturity Securities,
  at Fair Value		90,715 5,620 96,335 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value		69,937 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value		68,779 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$53,879 $646 $54,525 
From 1 - 5 Years35,758 5,142 40,900 
From 5 - 10 Years2,061 — 2,061 
Over 10 Years6 — 6 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$53,736 $639 $54,375 
From 1 - 5 Years34,949 4,981 39,930 
From 5 - 10 Years2,024 — 2,024 
Over 10 Years6 — 6 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$204 $— $204 
12 Months or Longer65,623 5,620 71,243 
Total$65,827 $5,620 $71,447 
Number of Securities in a
  Continuous Loss Position		209 16 225 
Unrealized Losses on Securities
   in a Continuous Loss Position:
Less than 12 Months$1 $— $1 
12 Months or Longer988 168 1,156 
Total$989 $168 $1,157 
Held-To-Maturity Securities
State and
Municipal
Obligations		Mortgage-
Backed
Securities		Total
Held-To
Maturity
Securities
Disaggregated Details:
Municipal Obligations, at Amortized Cost$91,704 
Municipal Obligations, at Fair Value90,715 
US Government Agency
  Securities, at Amortized Cost		$2,128 
US Government Agency
  Securities, at Fair Value		2,058 
Government Sponsored Entity
  Securities, at Amortized Cost		3,660 
Government Sponsored Entity
  Securities, at Fair Value		3,562 
December 31, 2024
Held-To-Maturity Securities,
  at Amortized Cost		$91,829 $6,432 $98,261 
Gross Unrealized Losses(1,456)(219)(1,675)
Held-To-Maturity Securities,
  at Fair Value		90,373 6,213 96,586 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value		72,506 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value		70,831 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$378 $— $378 
12 Months or Longer68,112 6,212 74,324 
Total$68,490 $6,212 $74,702 
Number of Securities in a
  Continuous Loss Position		219 16 235 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$2 $— $2 
12 Months or Longer1,454 219 1,673 
Total$1,456 $219 $1,675 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$91,829 
Municipal Obligations, at Fair Value90,373 
US Government Agency
  Securities, at Amortized Cost		$2,308 
US Government Agency
  Securities, at Fair Value		2,221 
Government Sponsored Entity
  Securities, at Amortized Cost		4,124 
Government Sponsored Entity
  Securities, at Fair Value		3,992 
Debt Securities, Trading, and Equity Securities, FV-NI
The following table is the schedule of Equity Securities at March 31, 2025 and December 31, 2024:
Equity Securities
March 31, 2025December 31, 2024
Equity Securities, at Fair Value$5,372$5,055
Unrealized Gain (Loss) on Investments
The following is a summary of realized and unrealized gains and losses recognized in income on equity securities during the three month periods ended March 31, 2025 and 2024:
For the Three Months Ended March 31,
20252024
Net Gain on Equity Securities$317 $17 
Less: Net gain recognized during the reporting period on equity securities sold during the period— — 
Unrealized net gain recognized during the reporting period on equity securities still held at the reporting date$317 $17