DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2025

DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]

Effect of Fair Value and Cash Flow Hedge Accounting on AOCI

The following table presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income for the years ended December 31, 2025, 2024 and 2023 (in thousands):

	Amount of (Loss) Gain Recognized in OCI on Derivatives									Location of Gain Reclassified from Accumulated OCI into Income	Amount of (loss) gain reclassified from Accumulated OCI into income
	Year Ended December 31,										Year Ended December 31,
Derivatives in Hedging relationships	2025			2024			2023				2025		2024		2023
Interest rate Products	$	(1,749	)	$	(1,205	)	$	(1,431	)	Interest Expense	$	1,733	$	2,516	$	2,203

Derivatives Designated as Hedging Instruments Under ASC 815 [Member]

DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]

Estimated Fair Value Positions of Derivative Contracts

Derivatives designated as hedging instruments under ASC 815 (in thousands):

		Notional Amount						Fair Value December 31,
Third party interest rate swaps	Balance Sheet Location	2025		2024		Interest rate Paid	Interest rate Received	2025		2024
Maturing in 2027	Fair value of derivative instruments - asset	$	10,000	$	10,000	Fixed - 0.65%	Compounded Overnight SOFR + 26.161	$	366	$	786
Maturing in 2027	Fair value of derivative instruments - asset		7,500		7,500	Fixed - 3.57%	Compounded Overnight SOFR + 26.161+280		303		620
Maturing in 2027	Fair value of derivative instruments - asset		6,000		6,000	Fixed - 0.61%	Compounded Overnight SOFR + 26.161		241		500
Maturing in 2029	Fair value of derivative instruments - asset		6,000		6,000	Fixed - 0.72%	Compounded Overnight SOFR + 26.161		552		854
Maturing in 2032	Fair value of derivative instruments - asset		6,000		6,000	Fixed - 0.82%	Compounded Overnight SOFR + 26.161		1,025		1,326
Maturing in 2025	Fair value of derivative instruments - asset		-		15,000	Fixed - 0.57%	Compounded Overnight SOFR + 26.161		-		150
		$	35,500	$	50,500			$	2,487	$	4,236

Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member]

DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]

Estimated Fair Value Positions of Derivative Contracts

Derivatives not designated as hedging instruments under ASC 815 (in thousands):

		December 31, 2025					December 31, 2024
Interest Rate Products	Balance Sheet Location	Notional Amount		Fair Value			Notional Amount		Fair Value
Zero Premium Collar	(Fair value of derivative instruments - liability)	$	38,348	$	(3,693	)	$	49,678	$	(5,817	)
Zero Premium Collar	Fair value of derivative instruments - asset		15,741		407			-		-
IRLCs	Fair value of derivative instruments - asset		11,596		340			10,728		317
Dealer Offset to Zero Premium Collar	Fair value of derivative instruments - asset		38,348		3,693			49,678		5,817
Dealer Offset to Zero Premium Collar	(Fair value of derivative instruments - liability)		15,741		(407	)		-		-