XML 60 R37.htm IDEA: XBRL DOCUMENT v3.25.1

Securities (Tables)

12 Months Ended

Dec. 31, 2024

Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2024

​

​

​

Gross

Gross

​

​

​

​

Amortized

​

Unrealized

​

Unrealized

​

Fair

Available-for-sale:

​

Cost

​

Gains

​

Losses

​

Value

U.S. Treasury

​

$

83,330

​

$

—

​

$

(7,104)

​

$

76,226

U.S. Government-sponsored enterprises (GSEs)

​

​

38,917

​

​

453

​

​

(182)

​

​

39,188

Municipal securities

​

18,277

​

—

​

(587)

​

17,690

Other debt securities

​

41,321

​

252

​

(2,138)

​

39,435

Mortgage-backed securities (GSEs)

​

330,839

​

515

​

(21,565)

​

309,789

Total

​

$

512,684

​

$

1,220

​

$

(31,576)

​

$

482,328

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2024

​

​

​

Gross

Gross

​

​

​

​

Amortized

​

Unrealized

​

Unrealized

​

Fair

Held-to-maturity:

​

Cost

​

Gains

​

Losses

​

Value

U.S. Government-sponsored enterprises (GSEs)

​

$

48,112

​

$

—

​

$

(7,335)

​

$

40,777

Municipal securities

​

51,652

​

—

​

(7,037)

​

44,615

Mortgage-backed securities (GSEs)

​

26,895

​

—

​

(4,207)

​

22,688

Total

​

$

126,659

​

$

—

​

$

(18,579)

​

$

108,080

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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 market value of securities by contractual maturity, are shown below (in thousands). Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

​

​	​	​	​	​	​	​
​	​	December 31, 2024
​		Amortized			Fair
Available-for-sale:	​	Cost		​	Value
Due in one year or less	​	$	1,479	​	$	1,430
Due from one year to five years	​		94,077	​		86,779
Due from five years to ten years	​		77,077	​		75,403
Due after ten years	​		9,212	​		8,927
​	​		181,845	​		172,539
Mortgage-backed securities	​		330,839	​		309,789
Total	​	$	512,684	​	$	482,328
​	​	​	​	​	​	​
Held-to-maturity:	​	​	​	​	​	​
Due in one year or less	​	$	—	​	$	—
Due from one year to five years	​		731	​		687
Due from five years to ten years	​		50,594	​		43,465
Due after ten years	​		48,439	​		41,240
​	​		99,764	​		85,392
Mortgage-backed securities	​		26,895	​		22,688
Total	​	$	126,659	​	$	108,080

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 available-for-sale and securities held-to-maturity have been in a continuous unrealized loss position, as of December 31, 2024 and 2023 (dollars in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 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

​

$

—

​

$

—

​

—

​

$

76,226

​

$

(7,104)

​

9

​

$

76,226

​

$

(7,104)

​

9

U.S. Government-sponsored enterprises (GSEs)

​

​

9,069

​

​

(80)

​

4

​

​

4,813

​

​

(102)

​

4

​

​

13,882

​

​

(182)

​

8

Municipal securities

​

5,579

​

(59)

​

8

​

11,322

​

(528)

​

17

​

16,901

​

(587)

​

25

Other debt securities

​

4,425

​

(36)

​

3

​

28,294

​

(2,102)

​

24

​

32,719

​

(2,138)

​

27

Mortgage-backed securities (GSEs)

​

80,111

​

(939)

​

39

​

160,129

​

(20,626)

​

83

​

240,240

​

(21,565)

​

122

Total

​

$

99,184

​

$

(1,114)

​

54

​

$

280,784

​

$

(30,462)

​

137

​

$

379,968

​

$

(31,576)

​

191

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 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)

​

$

—

​

$

—

​

—

​

$

40,777

​

$

(7,335)

​

13

​

$

40,777

​

$

(7,335)

​

13

Municipal securities

​

—

​

—

​

—

​

44,615

​

(7,037)

​

35

​

44,615

​

(7,037)

​

35

Mortgage-backed securities (GSEs)

​

—

​

—

​

—

​

22,688

​

(4,207)

​

5

​

22,688

​

(4,207)

​

5

Total

​

$

—

​

$

—

​

—

​

$

108,080

​

$

(18,579)

​

53

​

$

108,080

​

$

(18,579)

​

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):

​	​	​	​	​	​	​
​	​	December 31,		​	December 31,
​		2024			2023
Federal Reserve Bank stock	​	$	9,045		$	9,526
Federal Home Loan Bank stock	​		5,345		​	3,786
First National Bankers Bank stock	​		350		​	350
Total	​	$	14,740	​	$	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