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SECURITIES (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Estimated Fair Value of Securities Available for Sale
The following tables present the amortized cost and estimated fair value of securities available for sale as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesEstimated Fair Value
Mortgage-backed securities, residential$284,959 $19 $45,374 $— $239,604 
Collateralized mortgage obligations2,977 — 116 — 2,861 
Obligations of states and political subdivisions10,016 — 308 — 9,708 
Corporate bonds and notes18,250 1,383 — 16,870 
Total$316,202 $22 $47,181 $— $269,043 

December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesEstimated Fair Value
Mortgage-backed securities, residential$295,595 $76 $45,296 $— $250,375 
Collateralized mortgage obligations2,990 — 59 — 2,931 
Obligations of states and political subdivisions10,553 — 243 — 10,310 
Corporate bonds and notes18,750 — 1,768 — 16,982 
Total$327,888 $76 $47,366 $— $280,598 
Proceeds from and the gross realized gains and losses on sales and calls of securities available for sale for the three and six month periods ended June 30, 2025 are presented below (in thousands).
For the Three and Six Months Ended
June 30, 2025
Proceeds from sales$227,305 
Gross realized gains$14 
Gross realized (losses)$(17,512)
Tax expense (benefit)$(4,261)
Schedule of Amortized Cost and Estimated Fair Value of Securities Held to Maturity
The following tables present the amortized cost and estimated fair value of securities held to maturity as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Amortized CostUnrecognized GainsUnrecognized LossesAllowance for Credit LossesEstimated Fair Value
Obligations of states and political subdivisions$1,560 $— $— $— $1,560 
December 31, 2025
Amortized CostUnrecognized GainsUnrecognized LossesAllowance for Credit LossesEstimated Fair Value
Obligations of states and political subdivisions$640 $— $— $— $640 
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity
The amortized cost and estimated fair value of debt securities are shown below by contractual maturity (in thousands). Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
June 30, 2026
Available for SaleHeld to Maturity
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
Within one year$466 $464 $1,000 $1,000 
After one, but within five years3,362 3,185 560 560 
After five, but within ten years24,438 22,929 — — 
After ten years— — — — 
28,266 26,578 1,560 1,560 
Mortgage-backed securities, residential284,959 239,604 — — 
Collateralized mortgage obligations2,977 2,861 — — 
Total$316,202 $269,043 $1,560 $1,560 
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
The following tables summarize the investment securities available for sale with unrealized losses as of June 30, 2026 and December 31, 2025 by aggregated major security type and length of time in a continuous unrealized loss position (in thousands):
Less than 12 months12 months or longerTotal
June 30, 2026Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Mortgage-backed securities, residential$— $— $234,609 $45,374 $234,609 $45,374 
Collateralized mortgage obligations2,861 116 — — 2,861 116 
Obligations of states and political subdivisions2,574 31 7,134 277 9,708 308 
Corporate bonds and notes— — 15,867 1,383 15,867 1,383 
Total$5,435 $147 $257,610 $47,034 $263,045 $47,181 
Less than 12 months12 months or longerTotal
December 31, 2025Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Mortgage-backed securities, residential$— $— $245,329 $45,296 $245,329 $45,296 
Collateralized mortgage obligations2,931 59 — — 2,931 59 
Obligations of states and political subdivisions— — 9,845 243 9,845 243 
Corporate bonds and notes984 16 15,998 1,752 16,982 1,768 
Total$3,915 $75 $271,172 $47,291 $275,087 $47,366