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Securities (Tables)
6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of available-for-sale securities
The following tables summarize available-for-sale debt securities held by the Company at June 30, 2025 and December 31, 2024:
June 30, 2025Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
(In thousands)
U.S. Treasuries$55,318 $229 $2,487 $53,060 
Obligations of U.S. Government sponsored entities393,391 5,105 14,557 383,939 
Obligations of U.S. states and political subdivisions83,446 7,341 76,111 
Mortgage-backed securities – residential, issued by
 U.S. Government agencies93,039 58 4,373 88,724 
 U.S. Government sponsored entities752,386 3,754 85,049 671,091 
U.S. corporate debt securities2,500 55 2,445 
Total available-for-sale debt securities$1,380,080 $9,152 $113,862 $1,275,370 
December 31, 2024Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
(In thousands)
U.S. Treasuries$75,141 $140 $3,784 $71,497 
Obligations of U.S. Government sponsored entities398,648 2,008 20,376 380,280 
Obligations of U.S. states and political subdivisions86,328 8,638 77,694 
Mortgage-backed securities – residential, issued by
U.S. Government agencies68,130 4,879 63,254 
U.S. Government sponsored entities736,376 1,680 101,696 636,360 
U.S. corporate debt securities2,500 53 2,447 
Total available-for-sale debt securities$1,367,123 $3,835 $139,426 $1,231,532 
Schedule of held-to-maturity securities
The following tables summarize held-to-maturity debt securities held by the Company at June 30, 2025 and December 31, 2024:
June 30, 2025Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
(In thousands)
U.S. Treasuries$85,938 $$8,333 $77,605 
Obligations of U.S. Government sponsored entities226,555 25,212 201,343 
Total held-to-maturity debt securities$312,493 $0 $33,545 $278,948 
December 31, 2024Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
(In thousands)
U.S. Treasuries$86,049 $$11,361 $74,688 
Obligations of U.S. Government sponsored entities226,413 33,806 192,607 
Total held-to-maturity debt securities$312,462 $0 $45,167 $267,295 
The following table summarizes held-to-maturity debt securities that had unrealized losses at June 30, 2025 and December 31, 2024:
June 30, 2025Less than 12 Months12 Months or LongerTotal
(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasuries$$$77,605 $8,333 $77,605 $8,333 
Obligations of U.S. Government sponsored entities201,343 25,212 201,343 25,212 
Total held-to-maturity debt securities$0 $0 $278,948 $33,545 $278,948 $33,545 
December 31, 2024Less than 12 Months12 Months or LongerTotal
(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasuries$$$74,688 $11,361 $74,688 $11,361 
Obligations of U.S. Government sponsored entities192,607 33,806 192,607 33,806 
Total held-to-maturity debt securities$0 $0 $267,295 $45,167 $267,295 $45,167 
Schedule of available-for-sale securities with unrealized losses
The following table summarizes available-for-sale debt securities that had unrealized losses at June 30, 2025, and December 31, 2024:
June 30, 2025Less than 12 Months12 Months or LongerTotal
(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasuries$$$38,350 $2,487 $38,350 $2,487 
Obligations of U.S. Government sponsored entities9,494 84 158,738 14,473 168,232 14,557 
Obligations of U.S. states and political subdivisions3,530 71,284 7,334 74,814 7,342 
Mortgage-backed securities – residential, issued by
U.S. Government agencies44,762 258 32,451 4,114 77,213 4,372 
U.S. Government sponsored entities29,446 335 497,332 84,714 526,778 85,049 
U.S. corporate debt securities2,445 55 2,445 55 
Total available-for-sale debt securities$87,232 $685 $800,600 $113,177 $887,832 $113,862 
December 31, 2024Less than 12 Months12 Months or LongerTotal
(In thousands)Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
U.S. Treasuries$$$57,019 $3,784 $57,019 $3,784 
Obligations of U.S. Government sponsored entities14,085 515 188,296 19,861 202,381 20,376 
Obligations of U.S. states and political subdivisions3,159 36 73,657 8,602 76,816 8,638 
Mortgage-backed securities – residential, issued by
U.S. Government agencies27,0828935,8794,79062,9614,879
U.S. Government sponsored entities32,063502523,353101,194555,416101,696
U.S. corporate debt securities2,447 53 2,447 53 
Total available-for-sale debt securities$76,389 $1,142 $880,651 $138,284 $957,040 $139,426 
Schedule of available-for-sale and held-to-maturity securities amortized cost and estimated fair value
June 30, 2025
(In thousands)Amortized CostFair Value
Available-for-sale debt securities:
Due in one year or less$80,231 $80,115 
Due after one year through five years222,856 215,331 
Due after five years through ten years229,246 218,289 
Due after ten years2,322 1,820 
Total534,655 515,555 
Mortgage-backed securities845,425 759,815 
Total available-for-sale debt securities$1,380,080 $1,275,370 
December 31, 2024
(In thousands)Amortized CostFair Value
Available-for-sale debt securities:
Due in one year or less$100,000 $99,153 
Due after one year through five years227,502 215,976 
Due after five years through ten years212,789 199,457 
Due after ten years22,326 17,332 
Total562,617 531,918 
Mortgage-backed securities804,506 699,614 
Total available-for-sale debt securities$1,367,123 $1,231,532 
June 30, 2025
(In thousands)Amortized CostFair Value
Held-to-maturity debt securities:
Due after one year through five years$117,046 $105,822 
Due after five years through ten years195,447 173,126 
Total held-to-maturity debt securities$312,493 $278,948 
December 31, 2024
(In thousands)Amortized CostFair Value
Held-to-maturity debt securities:
Due after one year through five years$117,283 $102,173 
Due after five years through ten years$195,179 $165,122 
Total held-to-maturity debt securities$312,462 $267,295