SECURITIES (Tables)

12 Months Ended

Dec. 31, 2024

SECURITIES

Schedule of amortized cost, fair value and allowance for credit losses related to securities

			Gross		Gross
	Amortized		Unrealized		Unrealized		Estimated
December 31, 2024	Cost		Gains		Losses		Fair Value
Available for sale securities:
U.S. Treasuries	$	124,320	$	150	$	(7,425)	$	117,045
Mortgage-backed securities		46,845		35		(4,368)		42,512
Collateralized mortgage obligations		73,857		77		(5,070)		68,864
States and political subdivisions		100,845		—		(20,618)		80,227
Total available for sale securities	$	345,867	$	262	$	(37,481)	$	308,648

			Gross		Gross				Allowance		Net
	Amortized		Unrealized		Unrealized		Estimated		for Credit		Carrying
December 31, 2024	Cost		Gains		Losses		Fair Value		Losses		Amount
Held to maturity securities:
U.S. Treasuries	$	39,978	$	20	$	(450)	$	39,548	$	—	$	39,978
States and political subdivisions		83,218		14		(11,668)		71,564		(40)		83,178
Total held to maturity securities	$	123,196	$	34	$	(12,118)	$	111,112	$	(40)	$	123,156

			Gross		Gross
	Amortized		Unrealized		Unrealized		Estimated
December 31, 2023	Cost		Gains		Losses		Fair Value
Available for sale securities:
U.S. Treasuries	$	123,945	$	55	$	(8,542)	$	115,458
Mortgage-backed securities		52,374		14		(4,603)		47,785
Collateralized mortgage obligations		101,316		17		(6,327)		95,006
States and political subdivisions		101,560		—		(20,332)		81,228
Total available for sale securities	$	379,195	$	86	$	(39,804)	$	339,477

			Gross		Gross				Allowance		Net
	Amortized		Unrealized		Unrealized		Estimated		for Credit		Carrying
December 31, 2023	Cost		Gains		Losses		Fair Value		Losses		Amount
Held to maturity securities:
U.S. Treasuries	$	59,901	$	41	$	(907)	$	59,035	$	—	$	59,901
States and political subdivisions		91,040		23		(11,575)		79,488		(30)		91,010
Total held to maturity securities	$	150,941	$	64	$	(12,482)	$	138,523	$	(30)	$	150,911

Schedule of allowance for credit losses on held-to-maturity securities

	State and political
	subdivisions
Balance, December 31, 2022	$	—
Adjustment for adoption of ASU 2016-13		41
Provision for credit losses		(11)
Charge-offs of securities		—
Recoveries		—
Balance, December 31, 2023	$	30
Balance, December 31, 2023	$	30
Provision for credit losses		10
Charge-offs of securities		—
Recoveries		—
Balance, December 31, 2024	$	40

Schedule of amortized cost of debt securities held-to-maturity aggregated by credit quality indicators

	December 31, 2024		December 31, 2023
Aaa	$	39,978	$	59,901
Aa1/Aa2/Aa3		33,961		38,496
A1/A2		3,164		3,195
Baa1/Baa2		1,000		1,003
Not rated		45,093		48,346
Total	$	123,196	$	150,941

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

	Amortized Cost		Fair Value
Available for sale securities:
Due in one year or less	$	25,052	$	25,018
Due after one year through five years		106,901		98,931
Due after five years through ten years		50,841		41,679
Due after ten years		42,371		31,644
Mortgage-backed securities		46,845		42,512
Collaterized mortgage obligations		73,857		68,864
Total	$	345,867	$	308,648
Held to maturity securities:
Due in one year or less	$	28,445	$	28,318
Due after one year through five years		45,659		43,115
Due after five years through ten years		30,691		26,291
Due after ten years		18,401		13,388
Total	$	123,196	$	111,112

Schedule of available for sale securities unrealized loss position

	Less Than Twelve Months				Over Twelve Months				Total
			Gross				Gross				Gross
			Unrealized				Unrealized				Unrealized
Available for Sale	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
December 31, 2024:
U.S. Treasuries	$	—	$	—	$	81,991	$	7,425	$	81,991	$	7,425
Mortgage-backed securities		3,993		20		36,388		4,348		40,381		4,368
Collateralized mortgage obligations		1,728		9		51,513		5,061		53,241		5,070
States and political subdivisions		—		—		80,087		20,618		80,087		20,618
Total	$	5,721	$	29	$	249,979	$	37,452	$	255,700	$	37,481

	Less Than Twelve Months				Over Twelve Months				Total
			Gross				Gross				Gross
			Unrealized				Unrealized				Unrealized
Available for Sale	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
December 31, 2023:
U.S. Treasuries	$	24,750	$	22	$	85,660	$	8,520	$	110,410	$	8,542
Mortgage-backed securities		2,811		20		38,521		4,583		41,332		4,603
Collateralized mortgage obligations		—		—		90,290		6,327		90,290		6,327
States and political subdivisions		—		—		81,088		20,332		81,088		20,332
Total	$	27,561	$	42	$	295,559	$	39,762	$	323,120	$	39,804