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Investment Securities (Tables)
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Fair Value of Debt Securities Available-for-Sale
The amortized cost and fair value of debt securities classified as available-for-sale at March 31, 2026 and December 31, 2025 were as follows:
Gross Unrealized
(dollars in thousands)Total Amortized CostGainsLossesFair Value
March 31, 2026
U.S. Treasury$4,952 $68 $— $5,020 
U.S. government-sponsored enterprises4,00115(127)3,889
Obligations of states and political subdivisions120,1457(20,187)99,965
Mortgage-backed securities
Residential57,015434(2,260)55,189
Commercial14,76316(1,844)12,935
Other debt securities (1)
27,150346(604)26,892
Bank issued trust preferred securities (1)
1,486(183)1,303
Total available-for-sale securities$229,512 $886 $(25,205)$205,193 
December 31, 2025
U.S. Treasury$4,949 $119 $— $5,068 
U.S. government-sponsored enterprises5,00131(116)4,916
Obligations of states and political subdivisions121,56928(17,406)104,191
Mortgage-backed securities
Residential59,865750(2,232)58,383
Commercial15,09019(1,995)13,114
Other debt securities (1)
22,979297(325)22,951
Bank issued trust preferred securities (1)
1,486(170)1,316
Total available-for-sale securities$230,939 $1,244 $(22,244)$209,939 
(1)Certain hybrid instruments possessing characteristics typically associated with debt obligations.
Schedule of Amortized Cost and Fair Value of Debt Securities Classified as Available-for-Sale by Contractual Maturity Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties.
March 31, 2026
(dollars in thousands)Amortized CostFair Value
Due in one year or less$1,450 $1,452 
Due after one year through five years15,57615,266
Due after five years through ten years43,77840,891
Due after ten years96,93079,460
Total157,734 137,069 
Mortgage-backed securities71,77868,124
Total available-for-sale securities$229,512 $205,193 
Schedule of Other Securities Investments in FHLB stock and Midwest Independent BankersBank (“MIB”) stock that do not have readily determinable fair values are required for membership in those organizations.
(dollars in thousands)March 31, 2026December 31, 2025
FHLB stock$5,405$5,759
MIB stock151151
Equity securities with readily determinable fair values5966
Total other investment securities$5,615$5,976
Schedule of Gross Unrealized Losses on Debt Securities and Fair Value of Related Securities Aggregated by Investment Category and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position
Gross unrealized losses on debt securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2026 and December 31, 2025 were as follows:
Less than 12 months12 months or more
(dollars in thousands)Fair ValueUnrealized Losses Fair ValueUnrealized LossesTotal Fair ValueTotal Unrealized Losses
March 31, 2026
U.S. government-sponsored enterprises$— $— $1,873 $(127)$1,873 $(127)
Obligations of states and political subdivisions3,289 (21)95,213 (20,166)98,502 (20,187)
Mortgage-backed securities
Residential— — 19,552 (2,260)19,552 (2,260)
Commercial2,610 (10)9,041 (1,834)11,651 (1,844)
Other debt securities11,539 (347)4,568 (257)16,107 (604)
Bank issued trust preferred securities— — 1,303 (183)1,303 (183)
Total$17,438 $(378)$131,550 $(24,827)$148,988 $(25,205)
December 31, 2025
U.S. government-sponsored enterprises— — 1,884 (116)1,884 (116)
Obligations of states and political subdivisions604 (1)100,994 (17,405)101,598 (17,406)
Mortgage-backed securities
Residential— — 20,533 (2,232)20,533 (2,232)
Commercial848 (7)9,639 (1,988)10,487 (1,995)
Other debt securities2,703 (72)4,572 (253)7,275 (325)
Bank issued trust preferred securities— — 1,316 (170)1,316 (170)
Total$4,155 $(80)$138,938 $(22,164)$143,093 $(22,244)