Investment Securities (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Investment Securities |
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| Schedule of investment securities |
| | | | | | | | | | | | | | | | | | Gross | | Gross | | | | | | Amortized | | Unrealized | | Unrealized | | Fair | (In thousands) | | Cost | | Gains | | Losses | | Value | | | | | | | | | | | | | | June 30, 2026 | | | | | | | | | | | | | Securities available for sale: | | | | | | | | | | | | | Agency mortgage-backed securities | | $ | 120,498 | | $ | 81 | | $ | 6,190 | | $ | 114,389 | Agency CMO | | | 108,971 | | | 172 | | | 890 | | | 108,253 | Agency notes and bonds | | | 38,198 | | | — | | | 436 | | | 37,762 | Treasury notes and bonds | | | 2,492 | | | — | | | 27 | | | 2,465 | Municipal obligations | | | 154,729 | | | 819 | | | 11,500 | | | 144,048 | | | | | | | | | | | | | | Total securities available for sale | | $ | 424,888 | | $ | 1,072 | | $ | 19,043 | | $ | 406,917 | | | | | | | | | | | | | | Securities held to maturity: | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Corporate notes | | $ | 7,000 | | $ | — | | $ | 1,458 | | $ | 5,542 | | | | | | | | | | | | | | Total securities held to maturity | | $ | 7,000 | | $ | — | | $ | 1,458 | | $ | 5,542 | | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | Securities available for sale: | | | | | | | | | | | | | Agency mortgage-backed securities | | $ | 96,218 | | $ | 505 | | $ | 4,793 | | $ | 91,930 | Agency CMO | | | 100,018 | | | 841 | | | 113 | | | 100,746 | Agency notes and bonds | | | 75,448 | | | 30 | | | 1,087 | | | 74,391 | Treasury notes and bonds | | | 2,485 | | | — | | | 24 | | | 2,461 | Municipal obligations | | | 157,998 | | | 996 | | | 11,332 | | | 147,662 | | | | | | | | | | | | | | Total securities available for sale | | $ | 432,167 | | $ | 2,372 | | $ | 17,349 | | $ | 417,190 | | | | | | | | | | | | | | Securities held to maturity: | | | | | | | | | | | | | Other debt securities: | | | | | | | | | | | | | Corporate notes | | $ | 7,000 | | $ | — | | $ | 1,757 | | $ | 5,243 | | | | | | | | | | | | | | Total securities held to maturity | | $ | 7,000 | | $ | — | | $ | 1,757 | | $ | 5,243 |
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| Schedule of the amortized cost and fair value of debt securities by contractual maturity |
| | | | | | | | | | | | | | | Securities Available for Sale | | Securities Held to Maturity | | | Amortized | | Fair | | Amortized | | Fair | (In thousands) | | Cost | | Value | | Cost | | Value | | | | | | | | | | | | | | Due in one year or less | | $ | 30,761 | | $ | 30,554 | | $ | — | | $ | — | Due after one year through five years | | | 24,402 | | | 23,329 | | | — | | | — | Due after five years through ten years | | | 90,053 | | | 81,239 | | | 4,000 | | | 3,320 | Due after ten years | | | 50,203 | | | 49,153 | | | 3,000 | | | 2,222 | | | | 195,419 | | | 184,275 | | | 7,000 | | | 5,542 | Mortgage-backed securities and CMO | | | 229,469 | | | 222,642 | | | — | | | — | | | $ | 424,888 | | $ | 406,917 | | $ | 7,000 | | $ | 5,542 |
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| Schedule of unrealized gain (loss) on investments |
| | | | | | | | | | | Number of | | | | | Gross | | | Investment | | Fair | | Unrealized | (Dollars in thousands) | | Positions | | Value | | Losses | Securities available for sale: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 30 | | $ | 53,032 | | $ | 1,090 | Agency CMO | | 33 | | | 62,241 | | | 738 | Agency notes and bonds | | 6 | | | 5,545 | | | 53 | Municipal obligations | | 33 | | | 16,343 | | | 190 | Total less than twelve months | | 102 | | | 137,161 | | | 2,071 | | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 64 | | | 44,932 | | | 5,100 | Agency CMO | | 18 | | | 4,757 | | | 152 | Agency notes and bonds | | 13 | | | 32,217 | | | 383 | Treasury notes and bonds | | 2 | | | 2,465 | | | 27 | Municipal obligations | | 158 | | | 86,122 | | | 11,310 | Total more than twelve months | | 255 | | | 170,493 | | | 16,972 | | | | | | | | | | Total securities available for sale | | 357 | | $ | 307,654 | | $ | 19,043 | | | | | | | | | | Securities held to maturity: | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Corporate notes | | 4 | | $ | 5,542 | | $ | 1,458 | Total more than twelve months | | 4 | | | 5,542 | | | 1,458 | Total securities held to maturity | | 4 | | $ | 5,542 | | $ | 1,458 |
| | | | | | | | | | | Number of | | | | | Gross | | | Investment | | Fair | | Unrealized | (Dollars in thousands) | | Positions | | Value | | Losses | Securities available for sale: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 8 | | $ | 11,853 | | $ | 96 | Agency CMO | | 1 | | | 646 | | | 1 | Agency notes and bonds | | 1 | | | 747 | | | 1 | Municipal obligations | | 11 | | | 3,883 | | | 9 | Total less than twelve months | | 21 | | | 17,129 | | | 107 | | | | | | | | | | Continuous loss position more than twelve months: | | | | | | | | | Agency mortgage-backed securities | | 90 | | | 51,637 | | | 4,697 | Agency CMO | | 19 | | | 6,335 | | | 112 | Agency notes and bonds | | 26 | | | 70,014 | | | 1,086 | Treasury notes and bonds | | 2 | | | 2,461 | | | 24 | Municipal obligations | | 174 | | | 97,487 | | | 11,323 | Total more than twelve months | | 311 | | | 227,934 | | | 17,242 | | | | | | | | | | Total securities available for sale | | 332 | | $ | 245,063 | | $ | 17,349 | | | | | | | | | | Securities held to maturity: | | | | | | | | | Continuous loss position less than twelve months: | | | | | | | | | Corporate notes | | 4 | | $ | 5,243 | | $ | 1,757 | Total less than twelve months | | 4 | | | 5,243 | | | 1,757 | Total securities held to maturity | | 4 | | $ | 5,243 | | $ | 1,757 |
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