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v3.25.2

Investment Securities (Tables) | 6 Months Ended
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Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract] |
Debt Securities, Available-For-Sale | The following table is the schedule of Available-For-Sale Securities at June 30, 2025 and December 31, 2024:
Available-For-Sale Securities
|  | U.S. Treasuries |  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
June 30, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 98,179 |  |  | $ | 25,000 |  |  | $ | 200 |  |  | $ | 341,829 |  |  | $ | 6,000 |  |  |  |  | $ | 471,208 |
Gross Unrealized Gains |  | 1,934 |  |  | — |  |  | — |  |  | 647 |  |  | 39 |  |  |  |  | 2,620 |
Gross Unrealized Losses |  | — |  |  | (380) |  |  | — |  |  | (25,748) |  |  | (22) |  |  |  |  | (26,150) |
Available-For-Sale Securities, at Fair Value |  | 100,113 |  |  | 24,620 |  |  | 200 |  |  | 316,728 |  |  | 6,017 |  |  |  |  | 447,678 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  |  |  | 235,865 |
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | 24,980 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,843 |  |  | $ | — |  |  |  |  | $ | 26,823 |
From 1 - 5 Years |  | 48,762 |  |  | 25,000 |  |  | 200 |  |  | 184,422 |  |  | 1,000 |  |  |  |  | 259,384 |
From 5 - 10 Years |  | 24,437 |  |  | — |  |  | — |  |  | 155,564 |  |  | 5,000 |  |  |  |  | 185,001 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | 25,012 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,814 |  |  | $ | — |  |  |  |  | $ | 26,826 |
From 1 - 5 Years |  | 49,926 |  |  | 24,620 |  |  | 200 |  |  | 172,895 |  |  | 978 |  |  |  |  | 248,619 |
From 5 - 10 Years |  | 25,175 |  |  | — |  |  | — |  |  | 142,019 |  |  | 5,039 |  |  |  |  | 172,233 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 31,039 |  |  | $ | — |  |  |  |  | $ | 31,039 |
12 Months or Longer |  | — |  |  | 24,620 |  |  | — |  |  | 209,621 |  |  | 978 |  |  |  |  | 235,219 |
Total |  | $ | — |  |  | $ | 24,620 |  |  | $ | — |  |  | $ | 240,660 |  |  | $ | 978 |  |  |  |  | $ | 266,258 |
Number of Securities in a Continuous Loss Position |  | — |  |  | 3 |  |  | — |  |  | 92 |  |  | 1 |  |  |  |  | 96 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 46 |  |  | $ | — |  |  |  |  | $ | 46 |
12 Months or Longer |  | — |  |  | 380 |  |  | — |  |  | 25,702 |  |  | 22 |  |  |  |  | 26,104 |
Total |  | $ | — |  |  | $ | 380 |  |  | $ | — |  |  | $ | 25,748 |  |  | $ | 22 |  |  |  |  | $ | 26,150 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 97,985 |  |  | $ | 70,000 |  |  | $ | 240 |  |  | $ | 330,448 |  |  | $ | 1,000 |  |  |  |  | $ | 499,673 |
Gross Unrealized Gains |  | 90 |  |  | 32 |  |  | — |  |  | 29 |  |  | — |  |  |  |  | 151 |
Gross Unrealized Losses |  | (5) |  |  | (818) |  |  | — |  |  | (35,869) |  |  | (21) |  |  |  |  | (36,713) |
Available-For-Sale Securities, at Fair Value |  | 98,070 |  |  | 69,214 |  |  | 240 |  |  | 294,608 |  |  | 979 |  |  |  |  | 463,111 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  |  |  | 181,759 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 48,370 |  |  | $ | — |  |  | $ | — |  |  | $ | 66,958 |  |  | $ | — |  |  |  |  | $ | 115,328 |
Available-For-Sale Securities
|  | U.S. Treasuries |  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
12 Months or Longer |  | — |  |  | 54,182 |  |  | — |  |  | 221,305 |  |  | 979 |  |  |  |  | 276,466 |
Total |  | $ | 48,370 |  |  | $ | 54,182 |  |  | $ | — |  |  | $ | 288,263 |  |  | $ | 979 |  |  |  |  | $ | 391,794 |
Number of Securities in a Continuous Loss Position |  | 2 |  |  | 7 |  |  | — |  |  | 97 |  |  | 1 |  |  |  |  | 107 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 5 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,037 |  |  | $ | — |  |  |  |  | $ | 2,042 |
12 Months or Longer |  | — |  |  | 818 |  |  | — |  |  | 33,832 |  |  | 21 |  |  |  |  | 34,671 |
Total |  | $ | 5 |  |  | $ | 818 |  |  | $ | — |  |  | $ | 35,869 |  |  | $ | 21 |  |  |  |  | $ | 36,713 |
Held-To-Maturity Securities | The following table is the schedule of Held-To-Maturity Securities at June 30, 2025 and December 31, 2024:
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
June 30, 2025 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 65,601 |  |  | $ | 5,227 |  |  |  |  | $ | 70,828 |
Gross Unrealized Losses |  | (664) |  |  | (137) |  |  |  |  | (801) |
Held-To-Maturity Securities, at Fair Value |  | 64,937 |  |  | 5,090 |  |  |  |  | 70,027 |
Held-To-Maturity Securities, Pledged as Collateral, at Carrying Value |  |  |  |  |  |  |  | 43,201 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 42,400 |
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |
Within One Year |  | $ | 43,149 |  |  | $ | 536 |  |  |  |  | $ | 43,685 |
From 1 - 5 Years |  | 20,911 |  |  | 4,691 |  |  |  |  | 25,602 |
From 5 - 10 Years |  | 1,541 |  |  | — |  |  |  |  | 1,541 |
Over 10 Years |  | — |  |  | — |  |  |  |  | — |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |
Within One Year |  | $ | 42,869 |  |  | $ | 530 |  |  |  |  | $ | 43,399 |
From 1 - 5 Years |  | 20,534 |  |  | 4,560 |  |  |  |  | 25,094 |
From 5 - 10 Years |  | 1,534 |  |  | — |  |  |  |  | 1,534 |
Over 10 Years |  | — |  |  | — |  |  |  |  | — |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 205 |  |  | $ | — |  |  |  |  | $ | 205 |
12 Months or Longer |  | 40,205 |  |  | 5,090 |  |  |  |  | 45,295 |
Total |  | $ | 40,410 |  |  | $ | 5,090 |  |  |  |  | $ | 45,500 |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
Number of Securities in a Continuous Loss Position |  | 138 |  |  | 16 |  |  |  |  | 154 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
12 Months or Longer |  | 664 |  |  | 137 |  |  |  |  | 801 |
Total |  | $ | 664 |  |  | $ | 137 |  |  |  |  | $ | 801 |
December 31, 2024 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 91,829 |  |  | $ | 6,432 |  |  |  |  | $ | 98,261 |
Gross Unrealized Losses |  | (1,456) |  |  | (219) |  |  |  |  | (1,675) |
Held-To-Maturity Securities, at Fair Value |  | 90,373 |  |  | 6,213 |  |  |  |  | 96,586 |
Held-To-Maturity Securities, Pledged as Collateral, at Carrying Value |  |  |  |  |  |  |  | 72,506 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 70,831 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 378 |  |  | $ | — |  |  |  |  | $ | 378 |
12 Months or Longer |  | 68,112 |  |  | 6,212 |  |  |  |  | 74,324 |
Total |  | $ | 68,490 |  |  | $ | 6,212 |  |  |  |  | $ | 74,702 |
Number of Securities in a Continuous Loss Position |  | 219 |  |  | 16 |  |  |  |  | 235 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 2 |  |  | $ | — |  |  |  |  | $ | 2 |
12 Months or Longer |  | 1,454 |  |  | 219 |  |  |  |  | 1,673 |
Total |  | $ | 1,456 |  |  | $ | 219 |  |  |  |  | $ | 1,675 |
Debt Securities, Trading, and Equity Securities, FV-NI | The following table is the schedule of Equity Securities at June 30, 2025 and December 31, 2024:
Equity Securities
|  | June 30, 2025 | December 31, 2024 |
Equity Securities, at Fair Value |  | $5,332 | $5,055 |
Unrealized Gain (Loss) on Investments | The following is a summary of realized and unrealized gains and losses recognized in income on equity securities during the three and six month periods ended June 30, 2025 and 2024:
| Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2025 |  |  |  | 2024 |  | 2025 |  | 2024 |  |
Net (Loss) Gain on Equity Securities | $ | (40) |  |  |  |  | $ | 54 |  |  | $ | 277 |  |  | $ | 71 |  |  |
Less: Net gain recognized during the reporting period on equity securities sold during the period | — |  |  |  |  | — |  |  | — |  |  | — |  |  |
Unrealized net gain recognized during the reporting period on equity securities still held at the reporting date | $ | (40) |  |  |  |  | $ | 54 |  |  | $ | 277 |  |  | $ | 71 |  |  |

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