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SECURITIES AVAILABLE FOR SALE (Tables) | 6 Months Ended
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Jun. 30, 2024
SECURITIES AVAILABLE FOR SALE |
Summary of Securities Available for Sale | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | Unrealized | ​ | ​ | ​
(in thousands) |  | Amortized Cost |  | Gains |  | Losses |  | Fair Value
June 30, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Debt securities: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Obligations of US Government-sponsored enterprises | ​ | $ | 1,677 | ​ | $ | 2 | ​ | $ | (29) | ​ | $ | 1,650
Mortgage-backed securities and collateralized mortgage obligations: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
US Government-sponsored enterprises | ​ | ​ | 215,288 | ​ | ​ | 1 | ​ | ​ | (33,118) | ​ | ​ | 182,171
US Government agency | ​ |  | 98,099 | ​ |  | 58 | ​ |  | (11,850) | ​ |  | 86,307
Private label | ​ |  | 46,975 | ​ |  | 22 | ​ |  | (1,266) | ​ |  | 45,731
Obligations of states and political subdivisions thereof | ​ |  | 117,397 | ​ |  | 5,342 | ​ |  | (16,337) | ​ |  | 106,402
Corporate bonds | ​ |  | 101,947 | ​ |  | 126 | ​ |  | (11,406) | ​ |  | 90,667
Total securities available for sale | ​ | $ | 581,383 | ​ | $ | 5,551 | ​ | $ | (74,006) | ​ | $ | 512,928
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | Unrealized | ​ | ​ | ​
(in thousands) |  | Amortized Cost |  | Gains |  | Losses |  | Fair Value
December 31, 2023 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Debt securities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Obligations of US Government-sponsored enterprises | ​ | $ | 2,021 | ​ | $ | — | ​ | $ | (29) | ​ | $ | 1,992
Mortgage-backed securities and collateralized mortgage obligations: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
US Government-sponsored enterprises | ​ | ​ | 223,602 | ​ | ​ | 12 | ​ | ​ | (30,332) | ​ | ​ | 193,282
US Government agency | ​ |  | 85,005 | ​ |  | 145 | ​ |  | (10,937) | ​ |  | 74,213
Private label | ​ |  | 60,888 | ​ |  | 18 | ​ |  | (1,855) | ​ |  | 59,051
Obligations of states and political subdivisions thereof | ​ |  | 119,857 | ​ |  | 4,515 | ​ |  | (14,204) | ​ |  | 110,168
Corporate bonds | ​ |  | 105,552 | ​ |  | 19 | ​ |  | (9,703) | ​ |  | 95,868
Total securities available for sale | ​ | $ | 596,925 | ​ | $ | 4,709 | ​ | $ | (67,060) | ​ | $ | 534,574
Schedule of Amortized Cost and Estimated Fair Value of Available for Sale (AFS) Securities, Segregated by Contractual Maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Available for sale
(in thousands) |  | Amortized Cost |  | Fair Value
Within 1 year |  | $ | 1,011 | ​ | $ | 651
Over 1 year to 5 years | ​ |  | 52,527 | ​ |  | 46,808
Over 5 years to 10 years | ​ |  | 42,338 | ​ |  | 43,408
Over 10 years | ​ |  | 125,145 | ​ |  | 107,852
Total bonds and obligations | ​ |  | 221,021 | ​ |  | 198,719
Mortgage-backed securities and collateralized mortgage obligations | ​ |  | 360,362 | ​ |  | 314,209
Total securities available for sale | ​ | $ | 581,383 | ​ | $ | 512,928
Schedule of Gains and Losses from Sale of AFS Securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
(in thousands) |  | 2024 |  | 2023 |  | 2024 |  | 2023 |
Gross gains on sales of available for sale securities | ​ | $ | 50 | ​ | $ | — | ​ | $ | 50 | ​ | $ | 34 | ​
Gross losses on sales of available for sale securities | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​
Net gains on sale of available for sale securities | ​ | $ | 50 | ​ | $ | — | ​ | $ | 50 | ​ | $ | 34 | ​
Schedule of Securities with Unrealized Losses, Segregated by the Duration of Continuous Unrealized Loss Positions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Less Than Twelve Months | ​ | Over Twelve Months | ​ | Total
​ | ​ | Gross |  | ​ | ​ |  | Gross |  | ​ | ​ |  | Gross |  | ​ | ​
​ | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair
(in thousands) |  | Losses |  | Value |  | Losses |  | Value |  | Losses |  | Value
June 30, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Debt securities: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Obligations of US Government-sponsored enterprises | ​ | $ | — | ​ | $ | — | ​ | $ | 29 | ​ | $ | 787 | ​ | $ | 29 | ​ | $ | 787
Mortgage-backed securities and collateralized mortgage obligations: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
US Government-sponsored enterprises | ​ | ​ | 16 | ​ | ​ | 3,530 | ​ | ​ | 33,102 | ​ | ​ | 178,525 | ​ | ​ | 33,118 | ​ | ​ | 182,055
US Government agency | ​ |  | 259 | ​ |  | 16,520 | ​ |  | 11,591 | ​ |  | 63,968 | ​ |  | 11,850 | ​ |  | 80,488
Private label | ​ |  | 6 | ​ |  | 1,487 | ​ |  | 1,260 | ​ |  | 39,221 | ​ |  | 1,266 | ​ |  | 40,708
Obligations of states and political subdivisions thereof | ​ |  | 59 | ​ |  | 4,133 | ​ |  | 16,278 | ​ |  | 99,933 | ​ |  | 16,337 | ​ |  | 104,066
Corporate bonds | ​ |  | 521 | ​ |  | 6,931 | ​ |  | 10,885 | ​ |  | 80,612 | ​ |  | 11,406 | ​ |  | 87,543
Total securities available for sale | ​ | $ | 861 | ​ | $ | 32,601 | ​ | $ | 73,145 | ​ | $ | 463,046 | ​ | $ | 74,006 | ​ | $ | 495,647
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Less Than Twelve Months | ​ | Over Twelve Months | ​ | Total
​ |  | Gross |  | ​ | ​ |  | Gross |  | ​ | ​ |  | Gross |  | ​ | ​
​ | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair | ​ | Unrealized | ​ | Fair
(in thousands) | ​ | Losses | ​ | Value | ​ | Losses | ​ | Value | ​ | Losses | ​ | Value
December 31, 2023 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Debt securities: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Obligations of US Government-sponsored enterprises | ​ | $ | 1 | ​ | $ | 1,084 | ​ | $ | 28 | ​ | $ | 907 | ​ | $ | 29 | ​ | $ | 1,991
Mortgage-backed securities and collateralized mortgage obligations: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
US Government-sponsored enterprises | ​ | ​ | 10 | ​ | ​ | 3,439 | ​ | ​ | 30,322 | ​ | ​ | 188,611 | ​ | ​ | 30,332 | ​ | ​ | 192,050
US Government agency | ​ |  | 2 | ​ |  | 120 | ​ |  | 10,935 | ​ |  | 68,891 | ​ |  | 10,937 | ​ |  | 69,011
Private label | ​ |  | — | ​ |  | 26 | ​ |  | 1,855 | ​ |  | 59,007 | ​ |  | 1,855 | ​ |  | 59,033
Obligations of states and political subdivisions thereof | ​ |  | 26 | ​ |  | 3,099 | ​ |  | 14,178 | ​ |  | 101,036 | ​ |  | 14,204 | ​ |  | 104,135
Corporate bonds | ​ |  | 156 | ​ |  | 4,913 | ​ |  | 9,547 | ​ |  | 84,950 | ​ |  | 9,703 | ​ |  | 89,863
Total securities available for sale | ​ | $ | 195 | ​ | $ | 12,681 | ​ | $ | 66,865 | ​ | $ | 503,402 | ​ | $ | 67,060 | ​ | $ | 516,083

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