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INVESTMENT SECURITIES (Tables)

3 Months Ended

Mar. 31, 2026

INVESTMENT SECURITIES

Schedule of amortized cost and fair values of securities


		March 31, 2026
					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
		Cost			Gains			Losses			Value

		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities		$	320,297		$	380		$	25,920		$	294,757
Agency collateralized mortgage obligations			119,018			771			5,930			113,859
States and political subdivisions			53,224			76			2,486			50,814
Small Business Administration securities			59,922			—			5,506			54,416
		$	552,461		$	1,227		$	39,842		$	513,846


		March 31, 2026
								Amortized			Gross			Gross
		Amortized			Fair Value			Carrying			Unrealized			Unrealized			Fair
		Cost			Adjustment			Value			Gains			Losses			Value

		(In Thousands)
HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities		$	69,377		$	1,179		$	70,556		$	—		$	5,820		$	64,736
Agency collateralized mortgage obligations			102,711			(1,778)			100,933			—			10,739			90,194
States and political subdivisions			6,076			29			6,105			—			515			5,590
		$	178,164		$	(570)		$	177,594		$	—		$	17,074		$	160,520


		December 31, 2025
					Gross			Gross
		Amortized			Unrealized			Unrealized			Fair
		Cost			Gains			Losses			Value

		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities		$	325,618		$	805		$	25,174		$	301,249
Agency collateralized mortgage obligations			120,465			933			6,065			115,333
States and political subdivisions securities			53,347			89			2,038			51,398
Small Business Administration securities			61,000			14			5,163			55,851
		$	560,430		$	1,841		$	38,440		$	523,831


		December 31, 2025
								Amortized			Gross			Gross
		Amortized			Fair Value			Carrying			Unrealized			Unrealized			Fair
		Cost			Adjustment			Value			Gains			Losses			Value

		(In Thousands)
HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities		$	69,713		$	1,313		$	71,026		$	—		$	5,694		$	65,332
Agency collateralized mortgage obligations			103,918			(1,857)			102,061			—			10,424			91,637
States and political subdivisions			6,086			27			6,113			—			453			5,660
		$	179,717		$	(517)		$	179,200		$	—		$	16,571		$	162,629

Schedule of amortized cost and fair value of available-for-sale and held-to-maturity securities by contractual maturity


		Available-for-Sale						Held-to-Maturity
		Amortized			Fair			Amortized			Fair
		Cost			Value			Carrying Value			Value

		(In Thousands)
One year or less		$	—		$	—		$	—		$	—
After one through two years			1,029			1,037			—			—
After two through three years			—			—			—			—
After three through four years			—			—			—			—
After four through five years			—			—			—			—
After five through fifteen years			26,290			25,243			6,105			5,590
After fifteen years			25,905			24,534			—			—
Securities not due on a single maturity date			499,237			463,032			171,489			154,930
		$	552,461		$	513,846		$	177,594		$	160,520

Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position


		March 31, 2026
		Less than 12 Months						12 Months or More						Total
		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
Description of Securities		Value			Losses			Value			Losses			Value			Losses

		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities		$	20,762		$	(21)		$	236,437		$	(25,899)		$	257,199		$	(25,920)
Agency collateralized mortgage obligations			9,098			(95)			60,041			(5,835)			69,139			(5,930)
States and political subdivisions securities			10,724			(289)			36,633			(2,197)			47,357			(2,486)
Small Business Administration securities			6,971			(59)			47,445			(5,447)			54,416			(5,506)
		$	47,555		$	(464)		$	380,556		$	(39,378)		$	428,111		$	(39,842)

HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities		$	—		$	—		$	64,736		$	(5,820)		$	64,736		$	(5,820)
Agency collateralized mortgage obligations			—			—			90,194			(10,739)			90,194			(10,739)
States and political subdivisions securities			—			—			5,590			(515)			5,590			(515)
		$	—		$	—		$	160,520		$	(17,074)		$	160,520		$	(17,074)


		December 31, 2025
		Less than 12 Months						12 Months or More						Total
		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
Description of Securities		Value			Losses			Value			Losses			Value			Losses

		(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities		$	—		$	—		$	241,503		$	(25,174)		$	241,503		$	(25,174)
Agency collateralized mortgage obligations			—			—			70,774			(6,065)			70,774			(6,065)
States and political subdivisions securities			4,409			(109)			43,528			(1,929)			47,937			(2,038)
Small Business Administration securities			—			—			48,807			(5,163)			48,807			(5,163)
		$	4,409		$	(109)		$	404,612		$	(38,331)		$	409,021		$	(38,440)

HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities		$	—		$	—		$	65,332		$	(5,694)		$	65,332		$	(5,694)
Agency collateralized mortgage obligations			—			—			91,637			(10,424)			91,637			(10,424)
States and political subdivisions securities			—			—			5,660			(453)			5,660			(453)
		$	—		$	—		$	162,629		$	(16,571)		$	162,629		$	(16,571)