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SECURITIES (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Securities Available for Sale
Debt securities available-for-sale ("AFS") at June 30, 2024 and December 31, 2023 were as follows:
 June 30, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$19,667 $— $(47)$— $19,620 
State & political subdivisions105,529 (14,157)— 91,373 
Residential & multi-family mortgage234,738 (35,665)— 199,074 
Corporate notes & bonds45,414 35 (5,111)— 40,338 
Pooled SBA10,396 — (901)— 9,495 
Total$415,744 $37 $(55,881)$— $359,900 
 December 31, 2023
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$5,024 $— $(36)$— $4,988 
State & political subdivisions105,102 22 (13,315)— 91,809 
Residential & multi-family mortgage225,871 (34,353)— 191,519 
Corporate notes & bonds48,459 13 (5,333)— 43,139 
Pooled SBA11,347 — (847)— 10,500 
Total$395,803 $36 $(53,884)$— $341,955 
Information pertaining to security sales on AFS securities is as follows:
ProceedsGross
Gains
Gross
Losses
Three months ended June 30, 2024$— $— $— 
Three months ended June 30, 20233,492 30 — 
Six months ended June 30, 2024— — — 
Six months ended June 30, 202313,151 52 — 
Schedule of Debt Securities Held-to-maturities
Debt securities held-to-maturity ("HTM") at June 30, 2024 and December 31, 2023 were as follows:
 June 30, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$273,307 $— $(17,938)$— $255,369 
Residential & multi-family mortgage81,262 — (10,309)— 70,953 
Total$354,569 $— $(28,247)$— $326,322 

 December 31, 2023
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$302,945 $— $(19,038)$— $283,907 
Residential & multi-family mortgage86,023 — (9,360)— 76,663 
Total$388,968 $— $(28,398)$— $360,570 
HTM debt securities with unrealized losses at June 30, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

June 30, 2024
 Less than 12 Months12 Months or MoreTotal
Description of SecuritiesFair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$— $— $255,369 $(17,938)$255,369 $(17,938)
Residential & multi-family mortgage— — 70,953 (10,309)70,953 (10,309)
$— $— $326,322 $(28,247)$326,322 $(28,247)

December 31, 2023
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$— $— $283,907 $(19,038)$283,907 $(19,038)
Residential & multi-family mortgage— — 76,663 (9,360)76,663 (9,360)
$— $— $360,570 $(28,398)$360,570 $(28,398)
Schedule of Maturity Distribution of Debt Securities at Amortized Cost and Fair Value
The table below illustrates the maturity distribution of debt securities at amortized cost and fair value as of June 30, 2024:
Available-for-saleHeld-to-maturity
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
1 year or less$24,475 $24,356 $72,734 $71,496 
1 year – 5 years47,219 44,521 172,567 160,109 
5 years – 10 years77,498 66,476 28,006 23,764 
After 10 years21,418 15,978 — — 
170,610 151,331 273,307 255,369 
Residential & multi-family mortgage234,738 199,074 81,262 70,953 
Pooled SBA10,396 9,495 — — 
Total debt securities$415,744 $359,900 $354,569 $326,322 
Schedule of Available-for-sale Securities with Unrealized Loss Position
AFS debt securities with unrealized losses at June 30, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

June 30, 2024
 Less than 12 Months12 Months or MoreTotal
Description of SecuritiesFair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$18,639 $(30)$981 $(17)$19,620 $(47)
State & political subdivisions4,321 (183)85,295 (13,974)89,616 (14,157)
Residential & multi-family mortgage20,119 (367)178,878 (35,298)198,997 (35,665)
Corporate notes and bonds986 (14)38,649 (5,097)39,635 (5,111)
Pooled SBA— — 9,406 (901)9,406 (901)
$44,065 $(594)$313,209 $(55,287)$357,274 $(55,881)

December 31, 2023
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$2,487 $(1)$1,956 $(35)$4,443 $(36)
State & political subdivisions749 — 84,828 (13,315)85,577 (13,315)
Residential & multi-family mortgage— — 191,436 (34,353)191,436 (34,353)
Corporate notes and bonds978 (22)41,488 (5,311)42,466 (5,333)
Pooled SBA— — 10,409 (847)10,409 (847)
$4,214 $(23)$330,117 $(53,861)$334,331 $(53,884)
Schedule of Trading Securities
Equity securities at June 30, 2024 and December 31, 2023 were as follows:
June 30, 2024December 31, 2023
Corporate equity securities$6,004 $5,341 
Mutual funds1,657 2,223 
Money market funds4091,103 
Corporate notes1,584 634 
Total$9,654 $9,301