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SECURITIES (Tables)
9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Securities Available for Sale
Debt securities available-for-sale ("AFS") at September 30, 2024 and December 31, 2023 were as follows:
 September 30, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$13,055 $35 $(3)$— $13,087 
State & political subdivisions104,685 63 (10,621)— 94,127 
Residential & multi-family mortgage251,733 289 (28,071)— 223,951 
Corporate notes & bonds42,684 71 (4,429)— 38,326 
Pooled SBA10,065 (593)— 9,474 
Total$422,222 $460 $(43,717)$— $378,965 
 December 31, 2023
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$5,024 $— $(36)$— $4,988 
State & political subdivisions105,102 22 (13,315)— 91,809 
Residential & multi-family mortgage225,871 (34,353)— 191,519 
Corporate notes & bonds48,459 13 (5,333)— 43,139 
Pooled SBA11,347 — (847)— 10,500 
Total$395,803 $36 $(53,884)$— $341,955 
Information pertaining to security sales on AFS securities is as follows:
ProceedsGross
Gains
Gross
Losses
Three months ended September 30, 2024$46 $— $(9)
Three months ended September 30, 2023— — — 
Nine months ended September 30, 202446 — (9)
Nine months ended September 30, 202313,151 52 — 
Schedule of Debt Securities Held-to-maturities
Debt securities held-to-maturity ("HTM") at September 30, 2024 and December 31, 2023 were as follows:
 September 30, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$249,415 $— $(11,564)$— $237,851 
Residential & multi-family mortgage78,737 — (7,663)— 71,074 
Total$328,152 $— $(19,227)$— $308,925 

 December 31, 2023
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$302,945 $— $(19,038)$— $283,907 
Residential & multi-family mortgage86,023 — (9,360)— 76,663 
Total$388,968 $— $(28,398)$— $360,570 
HTM debt securities with unrealized losses at September 30, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

September 30, 2024
 Less than 12 Months12 Months or MoreTotal
Description of SecuritiesFair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$— $— $237,851 $(11,564)$237,851 $(11,564)
Residential & multi-family mortgage— — 71,074 (7,663)71,074 (7,663)
$— $— $308,925 $(19,227)$308,925 $(19,227)

December 31, 2023
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$— $— $283,907 $(19,038)$283,907 $(19,038)
Residential & multi-family mortgage— — 76,663 (9,360)76,663 (9,360)
$— $— $360,570 $(28,398)$360,570 $(28,398)
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 September 30, 2024:
Available-for-saleHeld-to-maturity
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
1 year or less$22,739 $22,701 $67,188 $66,236 
1 year – 5 years45,428 43,236 158,174 150,325 
5 years – 10 years70,849 62,761 24,053 21,290 
After 10 years21,408 16,842 — — 
160,424 145,540 249,415 237,851 
Residential & multi-family mortgage251,733 223,951 78,737 71,074 
Pooled SBA10,065 9,474 — — 
Total debt securities$422,222 $378,965 $328,152 $308,925 
Schedule of Available-for-sale Securities with Unrealized Loss Position
AFS debt securities with unrealized losses at September 30, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

September 30, 2024
 Less than 12 Months12 Months or MoreTotal
Description of SecuritiesFair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$799 $— $721 $(3)$1,520 $(3)
State & political subdivisions— — 83,453 (10,621)83,453 (10,621)
Residential & multi-family mortgage7,708 (19)170,336 (28,052)178,044 (28,071)
Corporate notes and bonds997 (3)36,585 (4,426)37,582 (4,429)
Pooled SBA— — 9,010 (593)9,010 (593)
$9,504 $(22)$300,105 $(43,695)$309,609 $(43,717)

December 31, 2023
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$2,487 $(1)$1,956 $(35)$4,443 $(36)
State & political subdivisions749 — 84,828 (13,315)85,577 (13,315)
Residential & multi-family mortgage— — 191,436 (34,353)191,436 (34,353)
Corporate notes and bonds978 (22)41,488 (5,311)42,466 (5,333)
Pooled SBA— — 10,409 (847)10,409 (847)
$4,214 $(23)$330,117 $(53,861)$334,331 $(53,884)
Schedule of Trading Securities
Equity securities at September 30, 2024 and December 31, 2023 were as follows:
September 30, 2024December 31, 2023
Corporate equity securities$6,473 $5,341 
Mutual funds1,983 2,223 
Money market funds3031,103 
Corporate notes1,630 634 
Total$10,389 $9,301