Securities (Tables)

9 Months Ended

Sep. 30, 2025

Securities

Schedule of amortized cost and fair values, together with gross unrealized gains and losses of securities

			Gross		Gross
			Unrealized		Unrealized
	Amortized Cost		Gains		Losses		Fair Value
Available-for-sale Securities:
September 30, 2025:
U.S. government agencies	$	12,500	$	—	$	(67)	$	12,433
Subordinated notes		25,400		—		(1,805)		23,595
State and municipal obligations		226,040		857		(9,199)		217,698
Total debt securities	$	263,940	$	857	$	(11,071)	$	253,726

			Gross		Gross
			Unrealized		Unrealized
	Amortized Cost		Gains		Losses		Fair Value
	(In thousands)
Available-for-sale Securities:
December 31, 2024:
U.S. government agencies	$	12,500	$	—	$	(246)	$	12,254
Subordinated notes		26,942		—		(2,824)		24,118
State and municipal obligations		213,319		335		(9,395)		204,259
Total debt securities	$	252,761	$	335	$	(12,465)	$	240,631

Schedule of amortized cost and fair value of available-for-sale securities by contractual maturity

	Amortized		Fair
	Cost		Value
	(In thousands)
Under one year	$	4,202	$	4,202
One to five years		13,199		13,155
Five to ten years		30,839		28,985
Over ten years		215,700		207,384
Totals	$	263,940	$	253,726

Schedule of investments' gross unrealized losses and fair value, aggregated by investment category and length of time

	September 30, 2025
	Less than 12 Months				12 Months or More				Total
Description of			Unrealized				Unrealized				Unrealized
Securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
	(In thousands)
U.S. Government agencies	$	—	$	—	$	12,433	$	(67)	$	12,433	$	(67)
Subordinated notes		—		—		23,595		(1,805)		23,595		(1,805)
State and municipal obligations		106,008		(2,925)		54,998		(6,274)		161,006		(9,199)
Total temporarily impaired securities	$	106,008	$	(2,925)	$	91,026	$	(8,146)	$	197,034	$	(11,071)

	December 31, 2024
	Less than 12 Months				12 Months or More				Total
Description of			Unrealized				Unrealized				Unrealized
Securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
	(In thousands)
US government agencies	$	—	$	—	$	12,254	$	(246)	$	12,254	$	(246)
Subordinated notes		—		—		24,118		(2,824)		24,118		(2,824)
State and municipal obligations		127,876		(2,478)		44,535		(6,917)		172,411		(9,395)
Total temporarily impaired securities	$	127,876	$	(2,478)	$	80,907	$	(9,987)	$	208,783	$	(12,465)