XML 38 R26.htm IDEA: XBRL DOCUMENT
v3.24.3

Securities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Securities [Abstract] |
Schedule of Available-for-sale Securities Reconciliation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
Available-for-sale: | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
U.S. Treasury | ​ | $ | 83,576 | ​ | $ | — | ​ | $ | (5,665) | ​ | $ | 77,911
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | 41,964 | ​ | ​ | 710 | ​ | ​ | (108) | ​ | ​ | 42,566
Municipal securities | ​ |  | 18,319 | ​ |  | 78 | ​ |  | (300) | ​ |  | 18,097
Other debt securities | ​ |  | 42,254 | ​ |  | 243 | ​ |  | (2,265) | ​ |  | 40,232
Mortgage-backed securities (GSEs) | ​ |  | 337,205 | ​ |  | 2,886 | ​ |  | (17,561) | ​ |  | 322,530
Total | ​ | $ | 523,318 | ​ | $ | 3,917 | ​ | $ | (25,899) | ​ | $ | 501,336
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
Available-for-sale: | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
U.S. Treasury | ​ | $ | 84,307 | ​ | $ | — | ​ | $ | (8,274) | ​ | $ | 76,033
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | 46,983 | ​ | ​ | 1,256 | ​ | ​ | (146) | ​ | ​ | 48,093
Municipal securities | ​ |  | 18,616 | ​ |  | 135 | ​ |  | (475) | ​ |  | 18,276
Other debt securities | ​ |  | 36,863 | ​ |  | 93 | ​ |  | (3,887) | ​ |  | 33,069
Mortgage-backed securities (GSEs) | ​ |  | 254,288 | ​ |  | 588 | ​ |  | (21,937) | ​ |  | 232,939
Total | ​ | $ | 441,057 | ​ | $ | 2,072 | ​ | $ | (34,719) | ​ | $ | 408,410
Schedule of Held-to-maturity Securities Reconciliation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
Held-to-maturity: | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
U.S. Government-sponsored enterprises (GSEs) | ​ | $ | 48,423 | ​ | $ | — | ​ | $ | (5,643) | ​ | $ | 42,780
Municipal securities | ​ |  | 51,913 | ​ |  | — | ​ |  | (5,779) | ​ |  | 46,134
Mortgage-backed securities (GSEs) | ​ |  | 27,443 | ​ |  | — | ​ |  | (3,090) | ​ |  | 24,353
Total | ​ | $ | 127,779 | ​ | $ | — | ​ | $ | (14,512) | ​ | $ | 113,267
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Fair
Held-to-maturity: | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Value
U.S. Treasury | ​ | $ | 150,066 | ​ | $ | — | ​ | $ | (1,482) | ​ | $ | 148,584
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | 49,336 | ​ | ​ | — | ​ | ​ | (7,143) | ​ | ​ | 42,193
Municipal securities | ​ |  | 52,680 | ​ |  | — | ​ |  | (6,178) | ​ |  | 46,502
Mortgage-backed securities (GSEs) | ​ |  | 29,154 | ​ |  | — | ​ |  | (3,895) | ​ |  | 25,259
Total | ​ | $ | 281,236 | ​ | $ | — | ​ | $ | (18,698) | ​ | $ | 262,538
Investments Classified by Contractual Maturity Date | The amortized cost and estimated fair value of securities at September 30, 2024, by contractual maturity for non-mortgage-backed securities are shown below (in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ |  | Amortized |  | Fair
Available-for-sale: | ​ | Cost | ​ | Value
Due in one year or less | ​ | $ | 1,478 | ​ | $ | 1,451
Due from one year to five years | ​ |  | 94,342 | ​ |  | 88,500
Due from five years to ten years | ​ |  | 81,054 | ​ |  | 79,751
Due after ten years | ​ |  | 9,239 | ​ |  | 9,104
​ | ​ |  | 186,113 | ​ |  | 178,806
Mortgage-backed securities | ​ |  | 337,205 | ​ |  | 322,530
Total | ​ | $ | 523,318 | ​ | $ | 501,336
​ | ​ | ​ | ​ | ​ | ​ | ​
Held-to-maturity: | ​ | ​ | ​ | ​ | ​ | ​
Due in one year or less | ​ | $ | — | ​ | $ | —
Due from one year to five years | ​ |  | 736 | ​ |  | 706
Due from five years to ten years | ​ |  | 50,443 | ​ |  | 44,997
Due after ten years | ​ |  | 49,157 | ​ |  | 43,211
​ | ​ |  | 100,336 | ​ |  | 88,914
Mortgage-backed securities | ​ |  | 27,443 | ​ |  | 24,353
Total | ​ | $ | 127,779 | ​ | $ | 113,267
​
Schedule of Unrealized Loss on Investments | The following tables present the gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities AFS and HTM have been in a continuous unrealized loss position (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ | ​ | Less than 12 Months | ​ | 12 Months or Greater | ​ | Total
​ |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number
​ | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of
Available-for-sale: | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities
U.S. Treasury | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 77,911 | ​ | $ | (5,665) | ​ | 9 | ​ | $ | 77,911 | ​ | $ | (5,665) | ​ | 9
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | 5,494 | ​ | ​ | (9) | ​ | 2 | ​ | ​ | 5,217 | ​ | ​ | (99) | ​ | 4 | ​ | ​ | 10,711 | ​ | ​ | (108) | ​ | 6
Municipal securities | ​ |  | 546 | ​ |  | (2) | ​ | 1 | ​ |  | 11,582 | ​ |  | (298) | ​ | 17 | ​ |  | 12,128 | ​ |  | (300) | ​ | 18
Other debt securities | ​ |  | 5,340 | ​ |  | (36) | ​ | 3 | ​ |  | 28,687 | ​ |  | (2,229) | ​ | 25 | ​ |  | 34,027 | ​ |  | (2,265) | ​ | 28
Mortgage-backed securities (GSEs) | ​ |  | 44,736 | ​ |  | (1,185) | ​ | 20 | ​ |  | 171,441 | ​ |  | (16,376) | ​ | 83 | ​ |  | 216,177 | ​ |  | (17,561) | ​ | 103
Total | ​ | $ | 56,116 | ​ | $ | (1,232) | ​ | 26 | ​ | $ | 294,838 | ​ | $ | (24,667) | ​ | 138 | ​ | $ | 350,954 | ​ | $ | (25,899) | ​ | 164
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, 2024
​ | ​ | Less than 12 Months | ​ | 12 Months or Greater | ​ | Total
​ |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number
​ | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of
Held-to-maturity: | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities
U.S. Government-sponsored enterprises (GSEs) | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 42,780 | ​ | $ | (5,643) | ​ | 13 | ​ | $ | 42,780 | ​ | $ | (5,643) | ​ | 13
Municipal securities | ​ |  | — | ​ |  | — | ​ | — | ​ |  | 46,134 | ​ |  | (5,779) | ​ | 35 | ​ |  | 46,134 | ​ |  | (5,779) | ​ | 35
Mortgage-backed securities (GSEs) | ​ |  | — | ​ |  | — | ​ | — | ​ |  | 24,353 | ​ |  | (3,090) | ​ | 5 | ​ |  | 24,353 | ​ |  | (3,090) | ​ | 5
Total | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 113,267 | ​ | $ | (14,512) | ​ | 53 | ​ | $ | 113,267 | ​ | $ | (14,512) | ​ | 53
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | Less than 12 Months | ​ | 12 Months or Greater | ​ | Total
​ |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number
​ | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of
Available-for-sale: | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities
U.S. Treasury | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 76,033 | ​ | $ | (8,274) | ​ | 9 | ​ | $ | 76,033 | ​ | $ | (8,274) | ​ | 9
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | 9,743 | ​ | ​ | (137) | ​ | 3 | ​ | ​ | 1,482 | ​ | ​ | (9) | ​ | 3 | ​ | ​ | 11,225 | ​ | ​ | (146) | ​ | 6
Municipal securities | ​ |  | 2,786 | ​ |  | (2) | ​ | 2 | ​ |  | 9,849 | ​ |  | (473) | ​ | 17 | ​ |  | 12,635 | ​ |  | (475) | ​ | 19
Other debt securities | ​ |  | 2,986 | ​ |  | (17) | ​ | 2 | ​ |  | 29,057 | ​ |  | (3,870) | ​ | 26 | ​ |  | 32,043 | ​ |  | (3,887) | ​ | 28
Mortgage-backed securities (GSEs) | ​ |  | 16,401 | ​ |  | (229) | ​ | 8 | ​ |  | 176,351 | ​ |  | (21,708) | ​ | 88 | ​ |  | 192,752 | ​ |  | (21,937) | ​ | 96
Total | ​ | $ | 31,916 | ​ | $ | (385) | ​ | 15 | ​ | $ | 292,772 | ​ | $ | (34,334) | ​ | 143 | ​ | $ | 324,688 | ​ | $ | (34,719) | ​ | 158
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023
​ | ​ | Less than 12 Months | ​ | 12 Months or Greater | ​ | Total
​ |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number |  | ​ | ​ |  | Gross | ​ | Number
​ | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of | ​ | Fair | ​ | Unrealized | ​ | of
Held-to-maturity: | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities | ​ | Value | ​ | Losses | ​ | Securities
U.S. Treasury | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 148,584 | ​ | $ | (1,482) | ​ | 4 | ​ | $ | 148,584 | ​ | $ | (1,482) | ​ | 4
U.S. Government-sponsored enterprises (GSEs) | ​ | ​ | — | ​ | ​ | — | ​ | — | ​ | ​ | 42,194 | ​ | ​ | (7,143) | ​ | 13 | ​ | ​ | 42,194 | ​ | ​ | (7,143) | ​ | 13
Municipal securities | ​ |  | — | ​ |  | — | ​ | — | ​ |  | 46,500 | ​ |  | (6,178) | ​ | 35 | ​ |  | 46,500 | ​ |  | (6,178) | ​ | 35
Mortgage-backed securities (GSEs) | ​ |  | — | ​ |  | — | ​ | — | ​ |  | 25,258 | ​ |  | (3,895) | ​ | 5 | ​ |  | 25,258 | ​ |  | (3,895) | ​ | 5
Total | ​ | $ | — | ​ | $ | — | ​ | — | ​ | $ | 262,536 | ​ | $ | (18,698) | ​ | 57 | ​ | $ | 262,536 | ​ | $ | (18,698) | ​ | 57
​
Schedule of Other Investments | The following is the amortized cost and carrying value of other investments (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31,
​ |  | 2024 |  | 2023
Federal Reserve Bank stock | ​ | $ | 9,184 |  | $ | 9,526
Federal Home Loan Bank stock | ​ |  | 10,818 |  | ​ | 3,786
First National Bankers Bank stock | ​ |  | 350 |  | ​ | 350
Total | ​ | $ | 20,352 | ​ | $ | 13,662
​

X
- Definition Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B Reference 16: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B Reference 18: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B + Details
Name: | us-gaap_HeldToMaturitySecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B + Details
Name: | us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration