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Securities (Tables)

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Debt Securities Available for Sale

The amortized cost and estimated fair value of securities AFS and securities HTM are summarized in the following tables:

			September 30, 2025
(in thousands)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	418,630					$	2,045					$	(19,456)					$	401,219
Municipal bonds			196,828						15						(28,409)						168,434
U.S. agency securities			68,247						19						(1,240)						67,026
Total Securities AFS			$	683,705					$	2,079					$	(49,105)					$	636,679
Securities HTM:
Mortgage-backed securities			$	123,913					$	—					$	(17,946)					$	105,967
U.S. agency securities			940						—						(67)						873
Total Securities HTM			$	124,853					$	—					$	(18,013)					$	106,840

			December 31, 2024
(in thousands)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	334,123					$	539					$	(27,562)					$	307,100
Municipal bonds			203,394						—						(34,551)						168,843
U.S. Treasury securities			10,995						—						(63)						10,932
U.S. agency securities			64,881						18						(1,626)						63,273
Total Securities AFS			$	613,393					$	557					$	(63,802)					$	550,148
Securities HTM:
Mortgage-backed securities			$	130,864					$	—					$	(22,698)					$	108,166
U.S. agency securities			932						—						(108)						824
Total Securities HTM			$	131,796					$	—					$	(22,806)					$	108,990

Schedule of Debt Securities Held-to-Maturity

The amortized cost and estimated fair value of securities AFS and securities HTM are summarized in the following tables:

			September 30, 2025
(in thousands)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	418,630					$	2,045					$	(19,456)					$	401,219
Municipal bonds			196,828						15						(28,409)						168,434
U.S. agency securities			68,247						19						(1,240)						67,026
Total Securities AFS			$	683,705					$	2,079					$	(49,105)					$	636,679
Securities HTM:
Mortgage-backed securities			$	123,913					$	—					$	(17,946)					$	105,967
U.S. agency securities			940						—						(67)						873
Total Securities HTM			$	124,853					$	—					$	(18,013)					$	106,840

			December 31, 2024
(in thousands)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	334,123					$	539					$	(27,562)					$	307,100
Municipal bonds			203,394						—						(34,551)						168,843
U.S. Treasury securities			10,995						—						(63)						10,932
U.S. agency securities			64,881						18						(1,626)						63,273
Total Securities AFS			$	613,393					$	557					$	(63,802)					$	550,148
Securities HTM:
Mortgage-backed securities			$	130,864					$	—					$	(22,698)					$	108,166
U.S. agency securities			932						—						(108)						824
Total Securities HTM			$	131,796					$	—					$	(22,806)					$	108,990

Schedule of Maturities of Securities Available for Sale

The amortized cost and estimated fair value of securities AFS and securities HTM as of September 30, 2025, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers have the right to call or repay obligations with or without call or prepayment penalties.

			September 30, 2025
(in thousands)			Amortized Cost						Fair Value
Securities AFS:
Within one year			$	4,294					$	4,270
After one year but within five years			25,471						25,178
After five years but within ten years			140,263						132,751
After ten years			513,677						474,480
Total Securities AFS			$	683,705					$	636,679
Securities HTM:
Within one year			$	—					$	—
After one year but within five years			—						—
After five years but within ten years			940						873
After ten years			123,913						105,967
Total Securities HTM			$	124,853					$	106,840

Schedule of Debt Securities Available for Sale in Unrealized Loss Position

Information pertaining to securities AFS with gross unrealized losses as of September 30, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous loss position, is described as follows:

			September 30, 2025
			Less than twelve months												Twelve months or more
(in thousands)			Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	(184)					$	45,581					$	(19,272)					$	176,289
Municipal bonds			—						—						(28,409)						163,407
U.S. agency securities			(66)						30,604						(1,174)						26,805
Total Securities AFS			$	(250)					$	76,185					$	(48,855)					$	366,501
			December 31, 2024
			Less than twelve months												Twelve months or more
(in thousands)			Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	(642)					$	66,986					$	(26,920)					$	179,644
Municipal bonds			(136)						2,863						(34,415)						165,980
U.S. Treasury securities			—						—						(63)						10,932
U.S. agency securities			(82)						27,329						(1,544)						19,801
Total Securities AFS			$	(860)					$	97,178					$	(62,942)					$	376,357

Schedule of Debt Securities Held-to-Maturity in Unrealized Loss Position

Information pertaining to securities AFS with gross unrealized losses as of September 30, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous loss position, is described as follows:

			September 30, 2025
			Less than twelve months												Twelve months or more
(in thousands)			Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	(184)					$	45,581					$	(19,272)					$	176,289
Municipal bonds			—						—						(28,409)						163,407
U.S. agency securities			(66)						30,604						(1,174)						26,805
Total Securities AFS			$	(250)					$	76,185					$	(48,855)					$	366,501
			December 31, 2024
			Less than twelve months												Twelve months or more
(in thousands)			Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value
Securities AFS:
Mortgage-backed securities			$	(642)					$	66,986					$	(26,920)					$	179,644
Municipal bonds			(136)						2,863						(34,415)						165,980
U.S. Treasury securities			—						—						(63)						10,932
U.S. agency securities			(82)						27,329						(1,544)						19,801
Total Securities AFS			$	(860)					$	97,178					$	(62,942)					$	376,357

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