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SECURITIES (Tables)

3 Months Ended

Mar. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Securities Available for Sale

Debt securities available-for-sale ("AFS") at March 31, 2023 and December 31, 2022 were as follows:

			March 31, 2023
			Amortized						Unrealized												Allowance For						Fair
			Cost						Gains						Losses						Credit Losses						Value
U.S. Government sponsored entities			$	2,474					$	—					$	(86)					$	—					$	2,388
State & political subdivisions			111,090						69						(13,921)						—						97,238
Residential & multi-family mortgage			247,957						—						(34,150)						—						213,807
Corporate notes & bonds			48,119						19						(5,329)						—						42,809
Pooled SBA			13,280						1						(916)						—						12,365
Total			$	422,920					$	89					$	(54,402)					$	—					$	368,607

			December 31, 2022
			Amortized						Unrealized												Allowance For						Fair
			Cost						Gains						Losses						Credit Losses						Value
U.S. Government sponsored entities			$	3,213					$	—					$	(84)					$	—					$	3,129
State & political subdivisions			112,734						24						(17,095)						—						95,663
Residential & multi-family mortgage			256,111						—						(38,564)						—						217,547
Corporate notes & bonds			47,111						—						(4,720)						—						42,391
Pooled SBA			13,823						—						(1,144)						—						12,679
Total			$	432,992					$	24					$	(61,607)					$	—					$	371,409

Information pertaining to security sales on AFS securities is as follows:

			Proceeds						Gross Gains						Gross Losses
Three months ended March 31, 2023			$	9,659					$	22					$	—
Three months ended March 31, 2022			22,164						651						—

Schedule of Debt Securities Held-to-maturities

Debt securities held-to-maturity ("HTM") at March 31, 2023 and December 31, 2022 were as follows:

			March 31, 2023
			Amortized						Unrealized												Allowance For						Fair
			Cost						Gains						Losses						Credit Losses						Value
U.S. Government sponsored entities			$	307,750					$	—					$	(22,650)					$	—					$	285,100
Residential & multi-family mortgage			94,550						—						(7,915)						—						86,635
Total			$	402,300					$	—					$	(30,565)					$	—					$	371,735

			December 31, 2022
			Amortized						Unrealized												Allowance For						Fair
			Cost						Gains						Losses						Credit Losses						Value
U.S. Government sponsored entities			$	307,711					$	—					$	(27,276)					$	—					$	280,435
Residential & multi-family mortgage			97,054						—						(10,101)						—						86,953
Total			$	404,765					$	—					$	(37,377)					$	—					$	367,388

HTM debt securities with unrealized losses at March 31, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2023

			Less than 12 Months												12 Months or More												Total
Description of Securities			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	—					$	—					$	285,100					$	(22,650)					$	285,100					$	(22,650)
Residential & multi-family mortgage			1,404						(209)						85,231						(7,706)						86,635						(7,915)
			$	1,404					$	(209)					$	370,331					$	(30,356)					$	371,735					$	(30,565)

December 31, 2022

			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	143,556					$	(10,063)					$	136,879					$	(17,213)					$	280,435					$	(27,276)
Residential & multi-family mortgage			24,132						(2,253)						62,821						(7,848)						86,953						(10,101)
			$	167,688					$	(12,316)					$	199,700					$	(25,061)					$	367,388					$	(37,377)

Schedule of Maturity Distribution of Debt Securities at Amortized Cost and Fair Value

The table below illustrates the maturity distribution of debt securities at amortized cost and fair value as of March 31, 2023:

			Available-for-sale												Held-to-maturity
			Amortized Cost						Fair Value						Amortized Cost						Fair Value
1 year or less			$	4,174					$	4,141					$	10,010					$	9,828
1 year – 5 years			43,399						41,298						246,949						231,452
5 years – 10 years			90,274						78,510						50,791						43,820
After 10 years			23,836						18,486						—						—
			161,683						142,435						307,750						285,100
Residential & multi-family mortgage			247,957						213,807						94,550						86,635
Pooled SBA			13,280						12,365						—						—
Total debt securities			$	422,920					$	368,607					$	402,300					$	371,735

Available-for-sale Securities with Unrealized Loss Position

AFS debt securities with unrealized losses at March 31, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2023

			Less than 12 Months												12 Months or More												Total
Description of Securities			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	2,388					$	(86)					$	—					$	—					$	2,388					$	(86)
State & political subdivisions			9,958						(88)						78,035						(13,833)						87,993						(13,921)
Residential & multi-family mortgage			17,227						(568)						196,478						(33,582)						213,705						(34,150)
Corporate notes and bonds			24,380						(3,013)						17,410						(2,316)						41,790						(5,329)
Pooled SBA			596						(6)						11,638						(910)						12,234						(916)
			$	54,549					$	(3,761)					$	303,561					$	(50,641)					$	358,110					$	(54,402)

December 31, 2022

			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	3,129					$	(84)					$	—					$	—					$	3,129					$	(84)
State & political subdivisions			34,667						(1,887)						54,546						(15,208)						89,213						(17,095)
Residential & multi-family mortgage			48,996						(3,122)						168,551						(35,442)						217,547						(38,564)
Corporate notes and bonds			31,730						(3,403)						10,661						(1,317)						42,391						(4,720)
Pooled SBA			5,107						(314)						7,572						(830)						12,679						(1,144)
			$	123,629					$	(8,810)					$	241,330					$	(52,797)					$	364,959					$	(61,607)

Trading Securities

Equity securities at March 31, 2023 and December 31, 2022 were as follows:

			March 31, 2023						December 31, 2022
Corporate equity securities			$	5,843					$	6,973
Mutual funds			2,101						1,406
Money market funds			765						479
Corporate notes			707						757
Total			$	9,416					$	9,615

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Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

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