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Fair Value Disclosures (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value On a Recurring Basis

Assets and liabilities measured at fair value on a recurring basis, segregated by fair value hierarchy level, are summarized below:

		March 31, 2025
		Fair Value Measurements Using
		Level 1				Level 2				Level 3				Total
		(In Thousands)
Assets:
Securities available-for-sale:
U.S. treasuries		$	—			$	4,777			$	—			$	4,777
U.S. government agency securities - government-sponsored    enterprises			—				3,221				—				3,221
Municipal securities			—				34,720				—				34,720
Residential mortgage-backed securities - government issued			—				140,471				—				140,471
Residential mortgage-backed securities - government-    sponsored enterprises			—				134,848				—				134,848
Commercial mortgage-backed securities - government issued			—				2,198				—				2,198
Commercial mortgage-backed securities - government-    sponsored enterprises			—				39,159				—				39,159
Interest rate swaps			—				48,405				—				48,405
Liabilities:
Interest rate swaps			—				45,612				—				45,612

		December 31, 2024
		Fair Value Measurements Using
		Level 1				Level 2				Level 3				Total
		(In Thousands)
Assets:
Securities available-for-sale:
U.S. treasuries		$	—			$	4,718			$	—			$	4,718
U.S. government agency securities - government-sponsored    enterprises			—				3,153				—				3,153
Municipal securities			—				34,861				—				34,861
Residential mortgage-backed securities - government issued			—				123,223				—				123,223
Residential mortgage-backed securities - government-    sponsored enterprises			—				134,765				—				134,765
Commercial mortgage-backed securities - government issued			—				2,224				—				2,224
Commercial mortgage-backed securities - government-    sponsored enterprises			—				38,448				—				38,448
Interest rate swaps			—				65,762				—				65,762
Liabilities:
Interest rate swaps			—				57,068				—				57,068

Schedule of Assets and Liabilities Measured at Fair Value on a Non-recurring Basis

Assets and liabilities measured at fair value on a non-recurring basis, segregated by fair value hierarchy are summarized below:

		March 31, 2025
		Fair Value Measurements Using
		Level 1				Level 2				Level 3				Total
		(In Thousands)
Collateral-dependent loans		$	—			$	—			$	8,246			$	8,246
Repossessed assets			—				—				36				36
Loan servicing rights			—				—				1,391				1,391

		December 31, 2024
		Fair Value Measurements Using
		Level 1				Level 2				Level 3				Total
		(In Thousands)
Collateral-dependent loans		$	—			$	—			$	7,506			$	7,506
Repossessed assets			—				—				51				51
Loan servicing rights			—				—				1,245				1,245

Schedule of Estimated Fair Values for Financial Instruments

The Corporation is required to disclose estimated fair values for its financial instruments. Fair value estimates, methods, and assumptions, consistent with exit price concepts for fair value measurements, are set forth below:

		March 31, 2025
		Carrying Amount				Fair Value
						Total				Level 1				Level 2				Level 3
		(In Thousands)
Financial assets:
Cash and cash equivalents		$	170,617			$	170,617			$	170,617			$	—			$	—
Securities available-for-sale			359,394				359,394				—				359,394				—
Securities held-to-maturity			6,590				6,439				—				6,439				—
Loans held for sale			10,523				11,365				—				11,365				—
Loans and lease receivables, net			3,149,164				3,127,945				—				—				3,127,945
Federal Home Loan Bank stock			10,434			N/A				N/A				N/A				N/A
Accrued interest receivable			13,074				13,074				13,074				—				—
Interest rate swaps			48,405				48,405				—				48,405				—
Financial liabilities:
Deposits			3,243,043				3,243,019				2,494,783				748,236				—
Federal Home Loan Bank advances and other borrowings			286,590				281,154				—				281,154				—
Accrued interest payable			10,016				10,016				10,016				—				—
Interest rate swaps			45,612				45,612				—				45,612				—
Off-balance sheet items:
Standby letters of credit			179				179				179				—				—

N/A = The fair value is not applicable due to restrictions placed on transferability

		December 31, 2024
		Carrying Amount				Fair Value
						Total				Level 1				Level 2				Level 3
		(In Thousands)
Financial assets:
Cash and cash equivalents		$	157,702			$	157,702			$	157,702			$	—			$	—
Securities available-for-sale			341,392				341,392				—				341,392				—
Securities held-to-maturity			6,741				6,535				—				6,535				—
Loans held for sale			13,498				14,577				—				14,577				—
Loans and lease receivables, net			3,077,343				3,049,890				—				—				3,049,890
Federal Home Loan Bank stock			11,616			N/A				N/A				N/A				N/A
Accrued interest receivable			12,879				12,879				12,879				—				—
Interest rate swaps			65,762				65,762				—				65,762				—
Financial liabilities:
Deposits			3,107,140				3,107,068				2,406,532				700,536				—
Federal Home Loan Bank advances and other borrowings			320,049				314,175				—				314,175				—
Accrued interest payable			10,175				10,175				10,175				—				—
Interest rate swaps			57,068				57,068				—				57,068				—
Off-balance sheet items:
Standby letters of credit			209				209				—				—				209

N/A = The fair value is not applicable due to restrictions placed on transferability

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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