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SECURITIES (Tables)
3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Securities Available for Sale
Debt securities available-for-sale ("AFS") at March 31, 2025 and December 31, 2024 were as follows:
 March 31, 2025
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$9,652 $— $(1)$— $9,651 
State & political subdivisions103,898 26 (11,639)— 92,285 
Residential & multi-family mortgage398,702 1,538 (29,364)— 370,876 
Corporate notes & bonds38,029 44 (2,949)— 35,124 
Pooled SBA9,073 (568)— 8,506 
Total$559,354 $1,609 $(44,521)$— $516,442 

 December 31, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$14,795 $17 $(2)$— $14,810 
State & political subdivisions104,025 11 (13,080)— 90,956 
Residential & multi-family mortgage352,983 60 (34,133)— 318,910 
Corporate notes & bonds39,022 — (3,812)— 35,210 
Pooled SBA9,398 — (738)— 8,660 
Total$520,223 $88 $(51,765)$— $468,546 
Information pertaining to security sales on AFS securities is as follows:
ProceedsGross
Gains
Gross
Losses
Three months ended March 31, 2025$— $— $— 
Three months ended March 31, 2024— — — 
Schedule of Debt Securities Held-to-maturities
Debt securities held-to-maturity ("HTM") at March 31, 2025 and December 31, 2024 were as follows:
 March 31, 2025
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$210,864 $— $(10,474)$— $200,390 
Residential & multi-family mortgage71,295 — (8,291)— 63,004 
Total$282,159 $— $(18,765)$— $263,394 

 December 31, 2024
 AmortizedUnrealizedAllowance ForFair
 CostGainsLossesCredit LossesValue
U.S. Government sponsored entities$229,504 $— $(13,354)$— $216,150 
Residential & multi-family mortgage76,577 — (9,757)— 66,820 
Total$306,081 $— $(23,111)$— $282,970 
HTM debt securities with unrealized losses at March 31, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2025
 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$— $— $200,390 $(10,474)$200,390 $(10,474)
Residential & multi-family mortgage— — 63,004 (8,291)63,004 (8,291)
$— $— $263,394 $(18,765)$263,394 $(18,765)

December 31, 2024
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$— $— $216,150 $(13,354)$216,150 $(13,354)
Residential & multi-family mortgage— — 66,820 (9,757)66,820 (9,757)
$— $— $282,970 $(23,111)$282,970 $(23,111)
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, 2025:
Available-for-saleHeld-to-maturity
Amortized
Cost
Fair
Value
Amortized
Cost
Fair
Value
1 year or less$18,826 $18,773 $48,437 $47,755 
1 year – 5 years52,326 49,175 143,686 136,330 
5 years – 10 years60,067 53,840 18,741 16,305 
After 10 years20,360 15,272 — — 
151,579 137,060 210,864 200,390 
Residential & multi-family mortgage398,702 370,876 71,295 63,004 
Pooled SBA9,073 8,506 — — 
Total debt securities$559,354 $516,442 $282,159 $263,394 
Schedule of Available-for-sale Securities with Unrealized Loss Position
AFS debt securities with unrealized losses at March 31, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2025
 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$3,768 $(1)$— $— $3,768 $(1)
State & political subdivisions5,528 (41)80,792 (11,598)86,320 (11,639)
Residential & multi-family mortgage15,395 (137)161,119 (29,227)176,514 (29,364)
Corporate notes and bonds— — 30,642 (2,949)30,642 (2,949)
Pooled SBA75 — 8,062 (568)8,137 (568)
$24,766 $(179)$280,615 $(44,342)$305,381 $(44,521)

December 31, 2024
 Less than 12 Months12 Months or MoreTotal
 Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Government sponsored entities$249 $(1)$3,340 $(1)$3,589 $(2)
State & political subdivisions6,519 (90)80,172 (12,990)86,691 (13,080)
Residential & multi-family mortgage118,057 (810)159,576 (33,323)277,633 (34,133)
Corporate notes and bonds987 (13)34,224 (3,799)35,211 (3,812)
Pooled SBA410 (2)8,250 (736)8,660 (738)
$126,222 $(916)$285,562 $(50,849)$411,784 $(51,765)
Schedule of Trading Securities
Equity securities at March 31, 2025 and December 31, 2024 were as follows:
March 31, 2025December 31, 2024
Corporate equity securities$6,175 $6,542 
Mutual funds1,935 1,936 
Money market funds477287 
Corporate notes1,706 1,691 
Total$10,293 $10,456