SECURITIES (Tables)

3 Months Ended

Mar. 31, 2026

SECURITIES

Schedule of amortized cost, related estimated fair value, and unrealized gains and losses for debt securities classified as Available-For-Sale

	Debt Securities Available-for-Sale
(Dollars in thousands)			Gross		Gross
	Amortized		Unrealized		Unrealized		Basis		Fair
March 31, 2026:	Cost		Gains		Losses		Adjustment		Value
U.S. Treasury securities	$	7,948	$	—	$	(412)	$	—	$	7,536
Obligations of U.S. Government Agencies and Sponsored Agencies:
Mortgage-backed		181,649		667		(10,570)		594		172,340
Other		2,794		30		(14)		—		2,810
Other mortgage backed securities		35,497		51		(1,229)		—		34,319
Obligations of state and political subdivisions		82,570		30		(9,060)		675		74,215
Asset-backed securities		60,771		151		(442)		—		60,480
Corporate debt securities		37,181		467		(2,484)		—		35,164
Total	$	408,410	$	1,396	$	(24,211)	$	1,269	$	386,864

	Debt Securities Available-for-Sale
(Dollars in thousands)			Gross		Gross
	Amortized		Unrealized		Unrealized		Basis		Fair
December 31, 2025:	Cost		Gains		Losses		Adjustment		Value
U.S. Treasury securities	$	7,941	$	—	$	(405)	$	—	$	7,536
Obligations of U.S. Government Agencies and Sponsored Agencies:
Mortgage-backed		185,140		919		(10,748)		940		176,251
Other		3,271		40		(17)		—		3,294
Other mortgage backed securities		37,572		45		(1,186)		—		36,431
Obligations of state and political subdivisions		82,919		30		(9,017)		993		74,925
Asset-backed securities		63,644		211		(362)		—		63,493
Corporate debt securities		34,418		383		(2,505)		—		32,296
Total	$	414,905	$	1,628	$	(24,240)	$	1,933	$	394,226

Schedule of amortized cost and estimated fair value of debt securities, by contractual maturity

			March 31, 2026
			Debt Securities Available-For-Sale
(Dollars in thousands)				U.S. Government		Other		Obligations
				Agency &		Mortgage		of State		Asset		Corporate
	U.S. Treasury			Sponsored Agency		Backed Debt		& Political		Backed		Debt
	Securities			Obligations1		Securities1		Subdivisions		Securities		Securities
Within 1 Year:
Amortized cost	$	—		$	—	$	4,014	$	4,395	$	—	$	—
Fair value		—			—		4,002		4,388		—		—
1 - 5 Years:
Amortized cost		7,948			7,766		104		7,168		591		7,706
Fair value		7,536			7,770		104		6,955		592		7,684
5 - 10 Years:
Amortized cost		—			748		698		32,834		703		24,251
Fair value		—			747		705		29,320		700		23,823
After 10 Years:
Amortized cost		—			175,929		30,681		38,173		59,477		5,224
Fair value		—			166,633		29,508		33,552		59,188		3,657
Total:
Amortized cost	$	7,948		$	184,443	$	35,497	$	82,570	$	60,771	$	37,181
Fair value		7,536			175,150		34,319		74,215		60,480		35,164

¹ Mortgage-backed securities are allocated for maturity reporting at their original maturity date.

Schedule of holdings of securities from issuers in excess of ten percent of consolidated stockholders equity

(Dollars in thousands)
	Fair
March 31, 2026:	Value
Issuer
Sallie Mae Bank	$	22,595
Velocity Commercial Capital		18,355
Nelnet Student Loan Trust		12,663

(Dollars in thousands)
	Fair
December 31, 2025:	Value
Issuer
Sallie Mae Bank	$	23,354
Velocity Commercial Capital		19,551
Nelnet Student Loan Trust		13,169

Schedule of the gross unrealized losses and fair value of the Company's debt securities, aggregated by investment category

March 31, 2026

(Dollars in thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Available-for-Sale:	Value		Loss		Value		Loss		Value		Loss
U.S. Treasury securities	$	—	$	—	$	7,536	$	(412)	$	7,536	$	(412)
Obligations of U.S. Government Agencies and Sponsored Agencies:
Mortgage-backed		13,192		(17)		70,916		(10,553)		84,108		(10,570)
Other		—		—		1,067		(14)		1,067		(14)
Other mortgage-backed debt securities		—		—		25,731		(1,229)		25,731		(1,229)
Obligations of state and political subdivisions		—		—		70,857		(9,060)		70,857		(9,060)
Asset-backed securities		15,156		(65)		22,854		(377)		38,010		(442)
Corporate debt securities		—		—		22,470		(2,484)		22,470		(2,484)
Total	$	28,348	$	(82)	$	221,431	$	(24,129)	$	249,779	$	(24,211)

December 31, 2025

(Dollars in thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Available-for-Sale:	Value		Loss		Value		Loss		Value		Loss
U.S. Treasury securities	$	—	$	—	$	7,536	$	(405)	$	7,536	$	(405)
Obligations of U.S. Government Agencies and Sponsored Agencies:
Mortgage-backed		—		—		80,318		(10,748)		80,318		(10,748)
Other		—		—		1,223		(17)		1,223		(17)
Other mortgage-backed debt securities		2,428		(42)		27,130		(1,144)		29,558		(1,186)
Obligations of state and political subdivisions		—		—		71,413		(9,017)		71,413		(9,017)
Asset-backed securities		14,527		(36)		18,971		(326)		33,498		(362)
Corporate debt securities		500		(1)		24,197		(2,504)		24,697		(2,505)
Total	$	17,455	$	(79)	$	230,788	$	(24,161)	$	248,243	$	(24,240)

Schedule of realized gains and losses recognized in net income on equity securities

(Dollars in thousands)	Three months ended		Three months ended
	March 31, 2026		March 31, 2025
Net gains (losses) from market value fluctuations recognized during the period on equity securities	$	174	$	(86)
Less: Net gains recognized during the period on equity securities sold during the period		—		—
Net gains (losses) recognized during the reporting period on equity securities still held at the reporting date	$	174	$	(86)