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Securities (Tables)
 9 Months Ended
Sep. 30, 2025
Securities [Abstract]  
Amortized Cost, Estimated Fair Value and Unrealized Gains (Losses) of AFS Securities
The amortized cost, estimated fair value and unrealized gains (losses) of AFS securities are as follows:

(In thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Estimated
Fair Value
  
As of September 30, 2025
                        
U.S. treasury
   $ 104,221     $ 32     $ (3,173 )   $ 101,080  
Federal agency
    
248,321
      
-
      
(19,265
)
    
229,056
  
State & municipal
    
93,356
      
5
      
(4,664
)
    
88,697
  
Mortgage-backed:
                                
Government-sponsored enterprises
    
477,863
      
1,348
      
(27,176
)
    
452,035
  
U.S. government agency securities
    
116,835
      
513
      
(4,080
)
    
113,268
  
Collateralized mortgage obligations:
                                
Government-sponsored enterprises
    
621,058
      
1,810
      
(29,137
)
    
593,731
  
U.S. government agency securities
    
226,606
      
175
      
(23,406
)
    
203,375
  
Corporate
    
34,000
      
6
      
(2,054
)
    
31,952
  
Total AFS securities
  
$
1,922,260
    
$
3,889
    
$
(112,955
)
  
$
1,813,194
  
As of December 31, 2024
                                
U.S. treasury
   $ 108,838     $ 59     $ (6,107 )   $ 102,790  
Federal agency
    
248,348
      
-
      
(29,831
)
    
218,517
  
State & municipal
    
95,457
      
-
      
(7,967
)
    
87,490
  
Mortgage-backed:
                                
Government-sponsored enterprises
    
435,825
      
2
      
(41,528
)
    
394,299
  
U.S. government agency securities
    
76,528
      
9
      
(6,471
)
    
70,066
  
Collateralized mortgage obligations:
                                
Government-sponsored enterprises
    
546,685
      
142
      
(42,831
)
    
503,996
  
U.S. government agency securities
    
179,136
      
39
      
(26,683
)
    
152,492
  
Corporate
    
48,482
      
-
      
(3,468
)
    
45,014
  
Total AFS securities
  
$
1,739,299
    
$
251
    
$
(164,886
)
  
$
1,574,664
  
Amortized Cost, Estimated Fair Value and Unrealized Gains (Losses) of HTM Securities
The amortized cost, estimated fair value and unrealized gains (losses) of HTM securities are as follows:

(In thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Estimated
Fair Value
  
As of September 30, 2025
                        
Federal agency
  
$
100,000
    
$
-
    
$
(11,512
)
  
$
88,488
  
Mortgage-backed:
                                
Government-sponsored enterprises
    
193,775
      
-
      
(24,801
)
    
168,974
  
U.S. government agency securities
    
13,665
      
1
      
(122
)
    
13,544
  
Collateralized mortgage obligations:
                                
Government-sponsored enterprises
    
141,398
      
84
      
(6,099
)
    
135,383
  
U.S. government agency securities
    
57,951
      
-
      
(9,746
)
    
48,205
  
State & municipal
    
264,685
      
16
      
(13,004
)
    
251,697
  
Total HTM securities
  
$
771,474
    
$
101
    
$
(65,284
)
  
$
706,291
  
As of December 31, 2024
                                
Federal agency
  
$
100,000
    
$
-
    
$
(16,656
)
  
$
83,344
  
Mortgage-backed:
                                
Government-sponsored enterprises
    
208,579
      
-
      
(34,349
)
    
174,230
  
U.S. government agency securities
    
15,611
      
1
      
(516
)
    
15,096
  
Collateralized mortgage obligations:
                                
Government-sponsored enterprises
    
168,018
      
-
      
(11,554
)
    
156,464
  
U.S. government agency securities
    
60,906
      
-
      
(11,245
)
    
49,661
  
State & municipal
    
289,807
      
41
      
(18,698
)
    
271,150
  
Total HTM securities
  
$
842,921
    
$
42
    
$
(93,018
)
  
$
749,945
  
Gains and (Losses) on Equity Securities
The following tables set forth information with regard to gains and (losses) on equity securities:

 
Three Months Ended September 30,
  
(In thousands)
  
2025
    
2024
  
Net (losses) gains recognized on equity securities
  
$
(2
)
  
$
476
  
Less: Net (losses) gains recognized on equity securities sold during the period
    
-
      
-
  
Unrealized (losses) gains recognized on equity securities still held
  
$
(2
)
  
$
476
  

 
Nine Months Ended September 30,
  
(In thousands)
  
2025
    
2024
  
Net gains (losses) recognized on equity securities
  
$
6
    
$
283
Less: Net gains (losses) recognized on equity securities sold during the period
    
(35
)
    
-
  
Unrealized gains (losses) recognized on equity securities still held
  
$
41
    
$
283
Contractual Maturities of Debt Securities
The following table sets forth information with regard to contractual maturities of debt securities at September 30, 2025:

(In thousands)
  
Amortized
Cost
    
Estimated
Fair Value
  
AFS debt securities:
            
Within one year
  
$
80,906
    
$
80,486
  
From one to five years
    
660,218
      
625,704
  
From five to ten years
    
196,034
      
187,005
  
After ten years
    
985,102
      
919,999
  
Total AFS debt securities
  
$
1,922,260
    
$
1,813,194
  
HTM debt securities:
                
Within one year
  
$
85,322
    
$
85,264
  
From one to five years
    
229,828
      
214,776
  
From five to ten years
    
107,531
      
98,939
  
After ten years
    
348,793
      
307,312
  
Total HTM debt securities
  
$
771,474
    
$
706,291
  
Investment Securities with Unrealized Losses
The following table sets forth information with regard to investment securities with unrealized losses, for which an allowance for credit losses has not been recorded, segregated according to the length of time the securities were in a continuous unrealized loss position:

 
Less Than 12 Months
    
12 Months or Longer
    
Total
  
(In thousands)
  
Fair
Value
    
Unrealized
Losses
    
Number
of
Positions
    
Fair
Value
    
Unrealized
Losses
    
Number
of
Positions
    
Fair
Value
    
Unrealized
Losses
    
Number
of
Positions
  
As of September 30, 2025
                                                      
AFS securities:
  
                                                 
U.S. treasury
   $ -     $ -       -     $ 96,046     $ (3,173 )     5     $ 96,046     $ (3,173 )     5  
Federal agency
    
-
      
-
      
-
      
229,056
      
(19,265
)
    
16
      
229,056
      
(19,265
)
    
16
  
State & municipal
    
-
      
-
      
-
      
87,933
      
(4,664
)
    
65
      
87,933
      
(4,664
)
    
65
  
Mortgage-backed
    
35,208
      
(282
)
    
4
      
347,339
      
(30,974
)
    
143
      
382,547
      
(31,256
)
    
147
  
Collateralized mortgage obligations
    
47,936
      
(53
)
    
6
      
451,292
      
(52,490
)
    
111
      
499,228
      
(52,543
)
    
117
  
Corporate     -       -       -       25,447       (2,054 )     9       25,447       (2,054 )     9  
Total securities with unrealized losses
  
$
83,144
    
$
(335
)
    
10
    
$
1,237,113
    
$
(112,620
)
    
349
    
$
1,320,257
    
$
(112,955
)
    
359
  
HTM securities:
                                                                        
Federal agency
  
$
-
    
$
-
      
-
    
$
88,488
    
$
(11,512
)
    
4
    
$
88,488
    
$
(11,512
)
    
4
  
Mortgage-backed
    
10,756
      
(86
)
    
1
      
171,725
      
(24,837
)
    
33
      
182,481
      
(24,923
)
    
34
  
Collateralized mortgage obligation
     -
       -       -
       177,303
       (15,845 )     47
       177,303
       (15,845 )     47
  
State & municipal
    
5,210
      
(179
)
    
8
      
153,043
      
(12,825
)
    
161
      
158,253
      
(13,004
)
    
169
  
Total securities with unrealized losses
  
$
15,966
    
$
(265
)
    
9
    
$
590,559
    
$
(65,019
)
    
245
    
$
606,525
    
$
(65,284
)
    
254
  
As of December 31, 2024
                                                                        
AFS securities:
                                                                        
U.S. treasury
   $ -     $ -       -     $ 92,737     $ (6,107 )     5     $ 92,737     $ (6,107 )     5  
Federal agency
    
-
      
-
      
-
      
218,517
      
(29,831
)
     16      
218,517
      
(29,831
)
    
16
  
State & municipal
     759       (4 )     1       86,731       (7,963 )     66       87,490       (7,967 )     67  
Mortgage-backed
    
95,153
      
(1,374
)
    
16
      
368,589
      
(46,625
)
    
152
      
463,742
      
(47,999
)
    
168
  
Collateralized mortgage obligations
    
98,494
      
(1,128
)
    
14
      
480,891
      
(68,386
)
     116
      
579,385
      
(69,514
)
    
130
  
Corporate
     1,478       (9 )     1       43,536       (3,459 )     14       45,014       (3,468 )     15  
Total securities with unrealized losses
  
$
195,884
    
$
(2,515
)
    
32
    
$
1,291,001
    
$
(162,371
)
    
369
    
$
1,486,885
    
$
(164,886
)
    
401
  
HTM securities:
                                                                        
Federal agency
   $ -     $ -       -     $ 83,344     $ (16,656 )     4     $ 83,344     $ (16,656 )     4  
Mortgage-backed     -       -       -       189,271       (34,865 )     34       189,271       (34,865 )     34  
Collateralized mortgage obligations     7,147       (7 )     1       198,978       (22,792 )     52       206,125       (22,799 )     53  
State & municipal
    
9,458
      
(107
)
    
12
      
168,945
      
(18,591
)
     186      
178,403
      
(18,698
)
    
198
  
Total securities with unrealized losses
  
$
16,605
    
$
(114
)
    
13
    
$
640,538
    
$
(92,904
)
     276    
$
657,143
    
$
(93,018
)
    
289