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Securities
 12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
SECURITIES SECURITIES
The following table presents the fair values of our securities portfolio at the dates presented:
(dollars in thousands)December 31, 2025December 31, 2024
Debt securities$986,277 $986,415 
Equity securities1,382 1,176 
Total Securities Available for Sale$987,659 $987,591 
The following table presents the amortized cost and fair value of available-for-sale debt securities as of the dates presented:
 December 31, 2025December 31, 2024
(dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
U.S. Treasury securities$86,381 $110 $(1,984)$84,507 $97,045 $— $(4,277)$92,768 
Obligations of U.S. government corporations and agencies— — — — 15,260 — (189)15,071 
Collateralized mortgage obligations of U.S. government corporations and agencies(2)
650,314 4,961 (31,012)624,263 643,690 872 (48,278)596,284 
Residential mortgage-backed securities of U.S. government corporations and agencies(2)
35,994 7 (4,665)31,336 40,109 3 (6,905)33,207 
Commercial mortgage-backed securities of U.S. government corporations and agencies243,571 2,411 (4,720)241,262 237,270 115 (12,587)224,798 
Obligations of states and political subdivisions4,902 7 — 4,909 24,780 — (493)24,287 
Total Available-for-Sale Debt Securities(1)
$1,021,162 $7,496 $(42,381)$986,277 $1,058,154 $990 $(72,729)$986,415 
(1) Excludes interest receivable of $3.3 million at December 31, 2025 and $3.7 million at December 31, 2024. Interest receivable is included in other assets in the Consolidated Balance Sheets.
(2)Collateralized mortgage obligations and residential mortgage backed securities consist primarily of securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae.
The following tables present the fair value and the age of gross unrealized losses on available-for-sale debt securities by investment category as of the dates presented:
December 31, 2025
Less Than 12 Months12 Months or MoreTotal
(dollars in thousands)Number of SecuritiesFair ValueUnrealized
Losses		Number of SecuritiesFair ValueUnrealized
Losses		Number of SecuritiesFair ValueUnrealized
Losses
U.S. Treasury securities—$— $— 7$69,409 $(1,984)7$69,409 $(1,984)
Collateralized mortgage obligations of U.S. government corporations and agencies434,993 (52)55299,732 (30,960)59334,725 (31,012)
Residential mortgage-backed securities of U.S. government corporations and agencies—— — 1531,171 (4,665)1531,171 (4,665)
Commercial mortgage-backed securities of U.S. government corporations and agencies19,943 (29)10114,107 (4,691)11124,050 (4,720)
Total5$44,936 $(81)87$514,419 $(42,300)92$559,355 $(42,381)
December 31, 2024
Less Than 12 Months12 Months or MoreTotal
(dollars in thousands)Number of SecuritiesFair ValueUnrealized
Losses		Number of SecuritiesFair ValueUnrealized
Losses		Number of SecuritiesFair ValueUnrealized
Losses
U.S. Treasury securities5$45,045 $(362)5$47,723 $(3,915)10$92,768 $(4,277)
Obligations of U.S. government corporations and agencies—— — 215,071 (189)215,071 (189)
Collateralized mortgage obligations of U.S. government corporations and agencies22209,511 (3,393)56318,104 (44,885)78527,615 (48,278)
Residential mortgage-backed securities of U.S. government corporations and agencies18 — 2133,030 (6,905)2233,038 (6,905)
Commercial mortgage-backed securities of U.S. government corporations and agencies988,040 (1,741)12122,833 (10,846)21210,873 (12,587)
Obligations of states and political subdivisions424,286 (493)—— — 424,286 (493)
Total41$366,890 $(5,989)96$536,761 $(66,740)137$903,651 $(72,729)
We evaluate securities with unrealized losses quarterly to determine if the decline in fair value has resulted from credit impairment or other factors. We do not believe any individual unrealized loss as of December 31, 2025 represents a credit impairment. The unrealized losses on debt securities were attributable to changes in interest rates and not related to the credit quality of the issuers. All debt securities were determined to be investment grade and paying principal and interest according to the contractual terms of the security. At December 31, 2025, we do not intend to sell, and it is more likely than not that we will not be required to sell, the securities in an unrealized loss position before recovery of their amortized cost.
The following table presents net unrealized gains and losses, net of tax, on available-for-sale debt securities included in accumulated other comprehensive loss, for the periods presented:
December 31, 2025December 31, 2024
(dollars in thousands)Gross Unrealized GainsGross Unrealized LossesNet Unrealized LossesGross Unrealized GainsGross Unrealized LossesNet Unrealized Losses
Total unrealized gains (losses) on available-for-sale debt securities$7,496 $(42,381)$(34,885)$990 $(72,729)$(71,739)
Income tax (expense) benefit(1,614)9,123 7,509 (213)15,644 15,431 
Net Unrealized Losses, Net of Tax Included in Accumulated Other Comprehensive Loss$5,882 $(33,258)$(27,376)$777 $(57,085)$(56,308)
The amortized cost and fair value of available-for-sale debt securities at December 31, 2025 by contractual maturity are included in the table below. Actual maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
December 31, 2025
(dollars in thousands)Amortized CostFair Value
Obligations of the U.S. Treasury, U.S. government corporations and agencies and obligations of states and political subdivisions
Due in one year or less$30,027 $30,024 
Due after one year through five years61,256 59,392 
Due after five years through ten years— — 
Due after ten years— — 
Available-for-Sale Debt Securities With Fixed Maturities91,283 89,416 
Debt Securities without a single maturity date
Collateralized mortgage obligations of U.S. government corporations and agencies650,314 624,263 
Residential mortgage-backed securities of U.S. government corporations and agencies35,994 31,336 
Commercial mortgage-backed securities of U.S. government corporations and agencies243,571 241,262 
Total Available-for-Sale Debt Securities$1,021,162 $986,277 
Debt securities are pledged in order to meet various regulatory and legal requirements. Restricted pledged securities had a carrying value of $38.3 million at December 31, 2025 and $27.8 million at December 31, 2024. Unrestricted pledged securities had a carrying value of $202.0 million at December 31, 2025 and $195.6 million at December 31, 2024. Any sales or changes to the pledged status of restricted pledged securities requires approval of the beneficiary. Approval is not required in order to sell or make changes to the pledged status for unrestricted pledged securities.