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Investment Securities (Tables) | 9 Months Ended
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Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Amortized Cost and Fair Values of Investment Securities Available-for-sale | The following tables present amortized cost and fair values of investment securities available-for-sale as of the periods shown:
|  | September 30, 2025
(Dollars in thousands) |  | Amortized Cost |  | Unrealized Gain |  | Unrealized Loss |  | Fair Value
United States government agency securities |  | $ | 24,589 |  |  | $ | 28 |  |  | $ | (2,545) |  |  | $ | 22,072 |
United States sponsored mortgage-backed securities |  | 202,884 |  |  | 2,204 |  |  | (9,260) |  |  | 195,828 |
United States treasury securities |  | 19,983 |  |  | — |  |  | (148) |  |  | 19,835 |
Municipal securities |  | 62,671 |  |  | 31 |  |  | (7,768) |  |  | 54,934 |
Corporate debt securities |  | 24,447 |  |  | 144 |  |  | (51) |  |  | 24,540 |
Other debt securities |  | 7,500 |  |  | — |  |  | — |  |  | 7,500 |
Investment securities available-for-sale |  | $ | 342,074 |  |  | $ | 2,407 |  |  | $ | (19,772) |  |  | $ | 324,709 |
|  | December 31, 2024
(Dollars in thousands) |  | Amortized Cost |  | Unrealized Gain |  | Unrealized Loss |  | Fair Value
United States government agency securities |  | $ | 45,449 |  |  | $ | 10 |  |  | $ | (5,613) |  |  | $ | 39,846 |
United States sponsored mortgage-backed securities |  | 161,032 |  |  | 130 |  |  | (13,582) |  |  | 147,580 |
United States treasury securities |  | 106,095 |  |  | — |  |  | (2,120) |  |  | 103,975 |
Municipal securities |  | 114,845 |  |  | 28 |  |  | (12,733) |  |  | 102,140 |
Corporate debt securities |  | 9,943 |  |  | 67 |  |  | (92) |  |  | 9,918 |
Other debt securities |  | 7,500 |  |  | — |  |  | — |  |  | 7,500 |
Total available-for-sale debt securities |  | $ | 444,864 |  |  | $ | 235 |  |  | $ | (34,140) |  |  | $ | 410,959 |
The following table presents amortized cost and fair values of available-for-sale debt securities by contractual maturity as of the period shown:
|  | September 30, 2025
(Dollars in thousands) |  | Amortized Cost |  | Fair Value
Within one year |  | $ | 21,633 |  |  | $ | 21,485 |
After one year, but within five years |  | 18,611 |  |  | 18,466 |
After five years, but within ten years |  | 34,402 |  |  | 33,016 |
After ten years |  | 267,428 |  |  | 251,742 |
Total available-for-sale debt securities |  | $ | 342,074 |  |  | $ | 324,709 |
Schedule of Allowance for credit Loss, Available-For-Sale Debt Securities | The following table summarizes the activity in the ACL related to available-for-sale debt securities during the three and nine months ended September 30, 2025 and September 30, 2024.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(Dollars in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
ACL, beginning of period |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Provision for credit losses |  | 1,000 |  |  | 500 |  |  | 1,000 |  |  | 500 |
Charge-offs |  | (1,000) |  |  | (500) |  |  | (1,000) |  |  | (500) |
ACL, end of period |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Investments in an Unrealized Loss Position | The following tables show available-for-sale debt securities in an unrealized loss position for which an ACL has not been recorded as of September 30, 2025 and December 31, 2024, aggregated by investment category and length of time that the individual securities have been in a continuous loss position:
|  | September 30, 2025
(Dollars in thousands) |  | Less than 12 months |  | 12 months or more
Description and number of positions |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
United States government agency securities (17) |  | $ | 370 |  |  | $ | (2) |  |  | $ | 18,698 |  |  | $ | (2,543) |
United States sponsored mortgage-backed securities (49) |  | 25,096 |  |  | (482) |  |  | 47,684 |  |  | (8,778) |
United States treasury securities (4) |  | — |  |  | — |  |  | 19,835 |  |  | (148) |
Municipal securities (125) |  | 8,961 |  |  | (291) |  |  | 43,790 |  |  | (7,477) |
Corporate debt securities (4) |  | 10,026 |  |  | (37) |  |  | 1,986 |  |  | (14) |
Total |  | $ | 44,453 |  |  | $ | (812) |  |  | $ | 131,993 |  |  | $ | (18,960) |
|  | December 31, 2024
(Dollars in thousands) |  | Less than 12 months |  | 12 months or more
Description and number of positions |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss
United States government agency securities (28) |  | $ | 5,956 |  |  | $ | (264) |  |  | $ | 32,854 |  |  | $ | (5,349) |
United States sponsored mortgage-backed securities (75) |  | 92,929 |  |  | (2,291) |  |  | 44,444 |  |  | (11,291) |
United States treasury securities (23) |  | — |  |  | — |  |  | 103,975 |  |  | (2,120) |
Municipal securities (201) |  | 17,613 |  |  | (1,425) |  |  | 83,592 |  |  | (11,308) |
Corporate debt securities (6) |  | 990 |  |  | (10) |  |  | 2,818 |  |  | (82) |
Total |  | $ | 117,488 |  |  | $ | (3,990) |  |  | $ | 267,683 |  |  | $ | (30,150) |
Schedule of Realized Gain (Loss) on Investments | The following table summarizes investment sales, related gains and losses and unrealized holding losses for the periods shown:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(Dollars in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Proceeds from sales of available-for-sale securities |  | $ | 66,313 |  |  | $ | — |  |  | $ | 95,793 |  |  | $ | 24,327 |
Gains, gross |  | 18 |  |  | — |  |  | 399 |  |  | 658 |
Losses, gross |  | 7,513 |  |  | — |  |  | 7,846 |  |  | — |
Proceeds from sales of equity securities |  | $ | 581 |  |  | $ | — |  |  | $ | 769 |  |  | $ | 39 |
Gain, gross |  | — |  |  | — |  |  | 118 |  |  | 103 |
Unrealized holding (losses) gains on equity securities |  | $ | 857 |  |  | $ | 498 |  |  | $ | 217 |  |  | $ | 463 |

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