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Securities (Tables)
3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities
The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
 Fair
 Value
March 31, 2025
Available-for-sale:
U.S. treasury$35,210 $— $(2,869)$32,341 
U.S. agency584 — (8)576 
Obligations of states and political subdivisions28,304 35 (1,861)26,478 
Mortgage backed - residential115,425 183 (13,976)101,632 
Collateralized mortgage obligations179,091 (18,210)160,883 
Mortgage backed - commercial154,066 468 (11,643)142,891 
Other debt15,472 342 — 15,814 
Total available-for-sale$528,152 $1,030 $(48,567)$480,615 
Held-to-maturity:
Obligations of states and political subdivisions$25,757 $$(4,343)$21,415 
Mortgage backed - residential6,158 (516)5,643 
Collateralized mortgage obligations2,999 — (176)2,823 
Total held-to-maturity$34,914 $$(5,035)$29,881 
December 31, 2024
Available-for-sale:
U.S. treasury$35,224 $— $(3,494)$31,730 
U.S. agency665 — (9)656 
Obligations of states and political subdivisions27,709 31 (2,041)25,699 
Mortgage backed - residential111,038 128 (14,887)96,279 
Collateralized mortgage obligations183,718 (19,374)164,347 
Mortgage backed - commercial147,374 357 (12,904)134,827 
Other debt15,122 416 — 15,538 
Total available-for-sale$520,850 $935 $(52,709)$469,076 
Held-to-maturity:
Obligations of states and political subdivisions$25,713 $— $(4,899)$20,814 
Mortgage backed - residential6,373 (576)5,798 
Collateralized mortgage obligations3,156 — (205)2,951 
Total held-to-maturity$35,242 $$(5,680)$29,563 
Schedule of Held-to-maturity Securities
The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of:
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
 Fair
 Value
March 31, 2025
Available-for-sale:
U.S. treasury$35,210 $— $(2,869)$32,341 
U.S. agency584 — (8)576 
Obligations of states and political subdivisions28,304 35 (1,861)26,478 
Mortgage backed - residential115,425 183 (13,976)101,632 
Collateralized mortgage obligations179,091 (18,210)160,883 
Mortgage backed - commercial154,066 468 (11,643)142,891 
Other debt15,472 342 — 15,814 
Total available-for-sale$528,152 $1,030 $(48,567)$480,615 
Held-to-maturity:
Obligations of states and political subdivisions$25,757 $$(4,343)$21,415 
Mortgage backed - residential6,158 (516)5,643 
Collateralized mortgage obligations2,999 — (176)2,823 
Total held-to-maturity$34,914 $$(5,035)$29,881 
December 31, 2024
Available-for-sale:
U.S. treasury$35,224 $— $(3,494)$31,730 
U.S. agency665 — (9)656 
Obligations of states and political subdivisions27,709 31 (2,041)25,699 
Mortgage backed - residential111,038 128 (14,887)96,279 
Collateralized mortgage obligations183,718 (19,374)164,347 
Mortgage backed - commercial147,374 357 (12,904)134,827 
Other debt15,122 416 — 15,538 
Total available-for-sale$520,850 $935 $(52,709)$469,076 
Held-to-maturity:
Obligations of states and political subdivisions$25,713 $— $(4,899)$20,814 
Mortgage backed - residential6,373 (576)5,798 
Collateralized mortgage obligations3,156 — (205)2,951 
Total held-to-maturity$35,242 $$(5,680)$29,563 
Schedule of Fair Value and Unrealized Losses on Debt Securities in Continuous Unrealized Loss Position
Fair value and unrealized losses on debt securities by type and length of time in a continuous unrealized loss position without an allowance for credit losses were as follows:
Less than 12 months12 months or longerTotal
Estimated
Fair
Value
Unrealized
Losses
Estimated
Fair
Value
Unrealized
Losses
Estimated
Fair
Value
Unrealized
Losses
Number
of
Securities
March 31, 2025
Available-for-sale:
U.S. treasury$— $— $32,340 $(2,869)$32,340 $(2,869)
U.S. agency— — 576 (8)576 (8)
Obligations of states and political subdivisions— — 22,952 (1,861)22,952 (1,861)17 
Mortgage backed - residential9,854 (47)85,034 (13,929)94,888 (13,976)86 
Collateralized mortgage obligations6,694 (9)150,406 (18,201)157,100 (18,210)61 
Mortgage backed - commercial1,716 (40)109,516 (11,603)111,232 (11,643)23 
Total available-for-sale$18,264 $(96)$400,824 $(48,471)$419,088 $(48,567)197 
Held-to-maturity:
Obligations of states and political subdivisions$— $— $21,086 $(4,343)$21,086 $(4,343)8
Mortgage backed - residential— — 5,559 (516)5,559 (516)10
Collateralized mortgage obligations— — 2,823 (176)2,823 (176)5
Total held-to-maturity$— $— $29,468 $(5,035)$29,468 $(5,035)23
Less than 12 months12 months or longerTotal
Estimated
Fair
Value
Unrealized
Losses
Estimated
Fair
Value
Unrealized
Losses
Estimated
Fair
Value
Unrealized
Losses
Number
of
Securities
December 31, 2024
Available-for-sale:
U.S. treasury$— $— $31,730 $(3,494)$31,730 $(3,494)
U.S. agency— — 656 (9)656 (9)
Obligations of states and political subdivisions— — 22,253 (2,041)22,253 (2,041)17 
Mortgage backed - residential3,788 (49)86,626 (14,838)90,414 (14,887)81 
Collateralized mortgage obligations10,785 (12)146,740 (19,362)157,525 (19,374)62 
Mortgage backed - commercial1,705 (51)112,801 (12,853)114,506 (12,904)23 
Total available-for-sale$16,278 $(112)$400,806 $(52,597)$417,084 $(52,709)194 
Held-to-maturity:
Obligations of states and political subdivisions$329 $— $20,485 $(4,899)$20,814 $(4,899)9
Mortgage backed - residential— — 5,703 (576)5,703 (576)10
Collateralized mortgage obligations— — 2,951 (205)2,951 (205)5
Total held-to-maturity$329 $— $29,139 $(5,680)$29,468 $(5,680)24
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity
The amortized cost and fair value of our debt securities by contractual maturity as of March 31, 2025 are summarized in the following table. Maturities are based on the final contractual payment dates and do not reflect the impact of prepayments or earlier redemptions that may occur.
Amortized
Cost
Estimated
Fair
Value
Available-for-sale:
Due within 1 year$430 $429 
Due after 1 year through 5 years105,343 100,332 
Due after 5 years through 10 years118,985 109,182 
Due after 10 years303,394 270,672 
Total available-for-sale$528,152 $480,615 
Held-to-maturity:
Due after 1 year through 5 years$815 $802 
Due after 5 years through 10 years3,529 3,322 
Due after 10 years30,570 25,757 
Total held-to-maturity$34,914 $29,881