XML 65 R47.htm IDEA: XBRL DOCUMENT v3.25.2
SECURITIES - Schedule of Amortized Cost of Securities and Their Estimated Fair Values (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Available for sale securities:            
Amortized Cost $ 395,757   $ 385,658      
Gross Unrealized Gains 1,329   1,725      
Gross Unrealized Losses (4,811)   (5,822)      
Allowance for Credit Losses 0   0      
Fair Value 392,275   381,561      
Held to maturity securities:            
Fair Value 2,294   2,514      
Allowance for credit losses (1,399) $ (1,476) (3,491) $ (3,162) $ (3,135) $ (3,190)
Total held to maturity securities, net of ACL 1,782   1,876      
Mortgage-backed securities, residential            
Available for sale securities:            
Amortized Cost 104,322   89,740      
Gross Unrealized Gains 253   89      
Gross Unrealized Losses (4,666)   (5,644)      
Allowance for Credit Losses 0   0      
Fair Value 99,909   84,185      
Asset-backed securities            
Available for sale securities:            
Amortized Cost 862   907      
Gross Unrealized Gains 6   0      
Gross Unrealized Losses 0   (2)      
Allowance for Credit Losses 0   0      
Fair Value 868   905      
State and municipal            
Available for sale securities:            
Amortized Cost 2,872   3,154      
Gross Unrealized Gains 0   0      
Gross Unrealized Losses (79)   (91)      
Allowance for Credit Losses 0   0      
Fair Value 2,793   3,063      
CLO securities            
Available for sale securities:            
Amortized Cost 286,224   290,286      
Gross Unrealized Gains 1,063   1,627      
Gross Unrealized Losses 0   0      
Allowance for Credit Losses 0   0      
Fair Value 287,287   291,913      
Held to maturity securities:            
Amortized Cost 3,181   5,367      
Gross Unrecognized Gains 0   0      
Gross Unrecognized Losses (887)   (2,853)      
Fair Value 2,294   2,514      
Allowance for credit losses (1,399)   (3,491)      
Total held to maturity securities, net of ACL 1,782   1,876      
Corporate bonds            
Available for sale securities:            
Amortized Cost 266   266      
Gross Unrealized Gains 0   0      
Gross Unrealized Losses (9)   (4)      
Allowance for Credit Losses 0   0      
Fair Value 257   262      
SBA pooled securities            
Available for sale securities:            
Amortized Cost 1,211   1,305      
Gross Unrealized Gains 7   9      
Gross Unrealized Losses (57)   (81)      
Allowance for Credit Losses 0   0      
Fair Value $ 1,161   $ 1,233