Schedule of proceeds and associated gains and (losses) from sales and calls of securities

The following table summarizes the proceeds and associated gains and (losses) from sales and calls of securities (in thousands):


	Year ended December 31,
	2025		2024		2023
Proceeds	$	18,400	$	—	$	—
Gross gains	$	674	$	—	$	—
Tax impact	$	(202)	$	—	$	—

Schedule of securities with unrealized/unrecognized losses

The following tables present debt securities with unrealized/unrecognized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows (in thousands):


		Less than 12 Months						12 Months or More						Total
					Unrealized/						Unrealized/						Unrealized/
		Estimated			Unrecognized			Estimated			Unrecognized			Estimated			Unrecognized
At December 31, 2025		Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
Available-for-Sale Securities:
U.S. Government agency securities		$	—		$	—		$	28,114		$	(1,886)		$	28,114		$	(1,886)
U.S. State and Municipal securities			—			—			9,728			(1,456)			9,728			(1,456)
Residential MBS			—			—			241,900			(50,726)			241,900			(50,726)
Commercial MBS			10,878			(13)			23,354			(1,926)			34,232			(1,939)
Asset-backed securities			—			—			2,358			(61)			2,358			(61)
Total securities available-for-sale		$	10,878		$	(13)		$	305,454		$	(56,055)		$	316,332		$	(56,068)

Held-to-Maturity Securities:
U.S. State and Municipal securities		$	—		$	—		$	13,663		$	(1,402)		$	13,663		$	(1,402)
Residential MBS			—			—			291,853			(41,662)			291,853			(41,662)
Commercial MBS			—			—			7,566			(481)			7,566			(481)
Total securities held-to-maturity		$	—		$	—		$	313,082		$	(43,545)		$	313,082		$	(43,545)


		Less than 12 Months						12 Months or More						Total
					Unrealized/						Unrealized/						Unrealized/
		Estimated			Unrecognized			Estimated			Unrecognized			Estimated			Unrecognized
At December 31, 2024		Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
Available-for-Sale Securities:
U.S. Government agency securities		$	—		$	—		$	63,752		$	(4,247)		$	63,752		$	(4,247)
U.S. State and Municipal securities			—			—			9,500			(1,841)			9,500			(1,841)
Residential MBS			46,859			(1,104)			258,763			(67,650)			305,622			(68,754)
Commercial MBS			19,624			(410)			23,504			(2,556)			43,128			(2,966)
Asset-backed securities			—			—			2,637			(40)			2,637			(40)
Total securities available-for-sale		$	66,483		$	(1,514)		$	358,156		$	(76,334)		$	424,639		$	(77,848)

Held-to-Maturity Securities:
U.S. Treasury securities		$	—		$	—		$	29,528		$	(410)		$	29,528		$	(410)
U.S. State and Municipal securities			—			—			13,633			(1,686)			13,633			(1,686)
Residential MBS			—			—			316,366			(58,866)			316,366			(58,866)
Commercial MBS			—			—			7,192			(876)			7,192			(876)
Total securities held-to-maturity		$	—		$	—		$	366,719		$	(61,838)		$	366,719		$	(61,838)