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SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Fair Values of Securities Available-for-Sale, with Gross Unrealized Gains and Losses
The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows:
March 31, 2025
(dollars in thousands)Amortized Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit LossesFair Value
Available-for-sale:
U.S. Treasury$109,688$—$(6,825)$—$102,863
U.S. government agency53,61146(1,877)—51,780
Municipal149,697—(17,359)—132,338
Mortgage-backed:
Agency residential246,3561,011(11,151)—236,216
Agency commercial126,4486(10,051)—116,403
Corporate68,693322(2,480)—66,535
Total available-for-sale$754,493$1,385$(49,743)$—$706,135
March 31, 2025
(dollars in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueAllowance for Credit Losses
Held-to-maturity:
U.S. government agency$88,477$—$(6,800)$81,677$—
Municipal35,19947(271)34,975—
Mortgage-backed:
Agency residential83,308—(4,417)78,891—
Agency commercial283,41414(33,209)250,219—
Total held-to-maturity$490,398$61$(44,697)$445,762$—
December 31, 2024
(dollars in thousands)Amortized CostGross
Unrealized
Gains		Gross
Unrealized
Losses		Allowance for Credit LossesFair Value
Available-for-sale:
U.S. Treasury$119,690$—$(8,545)$—$111,145
U.S. government agency55,742—(2,544)—53,198
Municipal150,163—(19,484)—130,679
Mortgage-backed:
Agency residential241,342253(14,227)—227,368
Agency commercial128,8233(12,145)—116,681
Corporate61,732156(2,910)—58,978
Total available-for-sale$757,492$412$(59,855)$—$698,049
December 31, 2024
(dollars in thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueAllowance for Credit Losses
Held-to-maturity:
U.S. government agency$88,472$—$(8,819)$79,653$—
Municipal35,86248(371)35,539—
Mortgage-backed:
Agency residential85,643—(5,796)79,847—
Agency commercial289,881—(39,734)250,147—
Total held-to-maturity$499,858$48$(54,720)$445,186$—
The following table presents gross unrealized losses and fair value of debt securities available-for-sale that do not have an associated allowance for credit losses as of March 31, 2025 and December 31, 2024, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position:
March 31, 2025
Investments in a Continuous Unrealized Loss Position
Less than 12 Months12 Months or MoreTotal
(dollars in thousands)
Unrealized
Loss
Fair Value
Unrealized
Loss
Fair Value
Unrealized
Loss
Fair Value
Available-for-sale:
U.S. Treasury$— $— $(6,825)$102,863 $(6,825)$102,863 
U.S. government agency(26)2,969 (1,851)44,059 (1,877)47,028 
Municipal(5)2,162 (17,354)129,705 (17,359)131,867 
Mortgage-backed:
Agency residential(935)40,523 (10,216)123,996 (11,151)164,519 
Agency commercial(54)3,087 (9,997)111,959 (10,051)115,046 
Corporate(33)3,967 (2,447)39,526 (2,480)43,493 
Total available-for-sale$(1,053)$52,708 $(48,690)$552,108 $(49,743)$604,816 
December 31, 2024
Investments in a Continuous Unrealized Loss Position
Less than 12 Months12 Months or MoreTotal
(dollars in thousands)
Unrealized
Loss
Fair Value
Unrealized
Loss
Fair Value
Unrealized
Loss
Fair Value
Available-for-sale:
U.S. Treasury$— $— $(8,545)$111,145 $(8,545)$111,145 
U.S. government agency(141)7,594 (2,403)45,604 (2,544)53,198 
Municipal(8)2,634 (19,476)127,776 (19,484)130,410 
Mortgage-backed:
Agency residential(2,041)81,055 (12,186)129,178 (14,227)210,233 
Agency commercial(125)3,327 (12,020)112,118 (12,145)115,445 
Corporate(4)1,996 (2,906)43,064 (2,910)45,060 
Total available-for-sale$(2,319)$96,606 $(57,536)$568,885 $(59,855)$665,491 
Schedule of Amortized Cost and Fair Value of Securities by Contractual Maturity
The amortized cost and fair value of debt securities by contractual maturity, as of March 31, 2025, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Available-for-SaleHeld-to-Maturity
(dollars in thousands)
Amortized
Cost
Fair Value
Amortized
Cost
Fair Value
Due in 1 year or less$49,390 $48,619 $6,431 $6,431 
Due after 1 year through 5 years179,558 168,306 52,779 50,793 
Due after 5 years through 10 years128,903 115,347 62,214 57,281 
Due after 10 years23,838 21,244 2,252 2,147 
Mortgage-backed:
Agency residential246,356 236,216 83,308 78,891 
Agency commercial126,448 116,403 283,414 250,219 
Total$754,493 $706,135 $490,398 $445,762 
Schedule of Sales of Debt Securities
Sales of debt securities were as follows during the three months ended March 31:
Three Months Ended March 31,
(dollars in thousands)20252024
Proceeds from sales$— $66,812 
Gross realized gains— — 
Gross realized losses— (3,382)
Debt Securities, Trading, and Equity Securities, FV-NI
The initial cost and carrying values of equity securities, with cumulative net unrealized gains and losses were as follows:
March 31, 2025
(dollars in thousands)Readily
Determinable
Fair Value		No Readily
Determinable
Fair Value
Initial cost$3,124 $2,998 
Cumulative net unrealized gains (losses)199 (369)
Carrying value$3,323 $2,629 
December 31, 2024
(dollars in thousands)Readily
Determinable
Fair Value		No Readily
Determinable
Fair Value
Initial cost$3,124 $2,998 
Cumulative net unrealized gains (losses)191 (369)
Carrying value$3,315 $2,629 
Schedule of Unrealized Gains (Losses) on Equity Securities
Unrealized gains (losses) on equity securities were as follows during the three months ended March 31, 2025 and 2024:
Three Months Ended March 31,
(dollars in thousands)20252024
Readily determinable fair value$8 $(16)
No readily determinable fair value— — 
Unrealized gains (losses) on equity securities$8 $(16)