XML 32 R21.htm IDEA: XBRL DOCUMENT v3.25.3
SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Information Related to the Amortized Cost, Fair Value and Allowance for Credit Losses of Securities Available-for-Sale and Related Gross Unrealized Gains and Losses
Information related to the amortized cost, fair value and allowance for credit losses of securities available-for-sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) is provided in the table below.
(dollars in thousands)Amortized
Cost		Gross Unrealized GainGross Unrealized LossesAllowance for Credit LossesFair Value
September 30, 2025
U.S. Treasury securities$5,011 $0 $(10)$0 $5,001 
U.S. government sponsored agencies139,611 83 (22,627)0 117,067 
Mortgage-backed securities: residential504,570 829 (57,191)0 448,208 
State and municipal securities542,672 130 (81,140)0 461,662 
Total$1,191,864 $1,042 $(160,968)$0 $1,031,938 
December 31, 2024
U.S. government sponsored agencies$137,150 $0 $(27,715)$0 $109,435 
Mortgage-backed securities: residential500,278 83 (77,952)0 422,409 
State and municipal securities545,073 17 (85,508)0 459,582 
Total$1,182,501 $100 $(191,175)$0 $991,426 
Schedule of Information Related to the Amortized Cost, Fair Value and Allowance for Credit Losses of Securities Held-to-Maturity and Related Gross Gains and Unrealized Gains and Losses
Information related to the amortized cost, fair value and allowance for credit losses of securities held-to-maturity and the related gross unrealized gains and losses is presented in the table below.
(dollars in thousands)Amortized
Cost		Gross Unrealized GainGross Unrealized LossesAllowance for Credit LossesFair Value
September 30, 2025
State and municipal securities$132,799 $0 $(18,995)$0 $113,804 
December 31, 2024
State and municipal securities$131,568 $0 $(18,461)$0 $113,107 
Schedule of Information Regarding the Fair Value and Amortized Cost of Available-for-Sale and Held-to-Maturity Debt Securities by Maturity
Information regarding the amortized cost and fair value of available-for-sale and held-to-maturity debt securities by maturity as of September 30, 2025 is presented below. Maturity information is based on contractual maturity for all securities other than mortgage-backed securities. Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without a prepayment penalty.
Available-for-SaleHeld-to-Maturity
(dollars in thousands)Amortized CostFair
Value		Amortized CostFair
Value
Due in one year or less$0 $0 $0 $0 
Due after one year through five years17,577 17,193 0 0 
Due after five years through ten years93,212 86,472 7,315 6,657 
Due after ten years576,505 480,065 125,484 107,147 
687,294 583,730 132,799 113,804 
Mortgage-backed securities504,570 448,208 0 0 
Total debt securities$1,191,864 $1,031,938 $132,799 $113,804 
Schedule of Security Proceeds, Gross Gains and Gross Losses
Available-for-sale securities proceeds, gross gains and gross losses are presented below.
Three Months Ended September 30,Nine Months Ended September 30,
(dollars in thousands)2025202420252024
Sales of securities available-for-sale
Proceeds$0 $0 $0 $7,136 
Gross gains0 0 0 0 
Gross losses0 0 0 (46)
Number of securities0 0 0 15 
Schedule of Unrealized Loss Analysis on Available-for-Sale Securities
Information regarding available-for-sale securities with unrealized losses as of September 30, 2025 and December 31, 2024 is presented on the following page. The table divides the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more.
Less than 12 months12 months or moreTotal
(dollars in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
September 30, 2025            
U.S. Treasury securities$5,001 $10 $0 $0 $5,001 $10 
U.S. government sponsored agencies4,988 12 106,997 22,615 111,985 22,627 
Mortgage-backed securities: residential12,173 63 374,823 57,128 386,996 57,191 
State and municipal securities15,580 150 430,161 80,990 445,741 81,140 
Total available-for-sale$37,742 $235 $911,981 $160,733 $949,723 $160,968 
December 31, 2024
U.S. government sponsored agencies$0 $0 $109,435 $27,715 $109,435 $27,715 
Mortgage-backed securities: residential23,204 249 390,483 77,703 413,687 77,952 
State and municipal securities12,928 439 443,569 85,069 456,497 85,508 
Total available-for-sale$36,132 $688 $943,487 $190,487 $979,619 $191,175 
Schedule of Unrealized Loss Analysis on Held-to-Maturity Securities
Information regarding held-to-maturity securities with unrealized losses as of September 30, 2025 and December 31, 2024 is presented below. The table divides the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more.
Less than 12 months12 months or moreTotal
(dollars in thousands)Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses
September 30, 2025
State and municipal securities$0 $0 $113,804 $18,995 $113,804 $18,995 
December 31, 2024
State and municipal securities$0 $0 $113,107 $18,461 $113,107 $18,461 
Schedule of Number of Securities with Unrealized Losses of Available for Sale Securities and Held to Maturity Securities
The total number of securities with unrealized losses as of September 30, 2025 and December 31, 2024 is presented below.
Available-for-SaleHeld-to-Maturity
Less than
12 months		12 months
or more		TotalLess than
12 months		12 months
or more		Total
September 30, 2025    
U.S. Treasury securities1 0 1 0 0 0 
U.S. government sponsored agencies1 17 18 0 0 0 
Mortgage-backed securities: residential3 121 124 0 0 0 
State and municipal securities18 380 398 0 41 41 
Total temporarily impaired23 518 541 0 41 41 
December 31, 2024
U.S. government sponsored agencies0 17 17 0 0 0 
Mortgage-backed securities: residential9 124 133 0 0 0 
State and municipal securities23 392 415 0 41 41 
Total temporarily impaired32 533 565 0 41 41