XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.25.3

Fair Value of Financial Instruments | 9 Months Ended
--- | ---
Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Fair Value of Financial Instruments | Note 7 – Fair Value of Financial Instruments The following table presents the carrying values and estimated fair values of our financial instruments as of the periods shown:
(Dollars in thousands) |  | Carrying Value |  | Estimated Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level I) |  | Significant Other Observable Inputs (Level II) |  | Significant Unobservable Inputs (Level III)
September 30, 2025 |  |  |  |  |  |  |  |  |  |
Financial Assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 300,042 |  |  | $ | 300,042 |  |  | $ | 300,042 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 324,709 |  |  | 324,709 |  |  | — |  |  | 299,458 |  |  | 25,251 |
Equity securities |  | 44,199 |  |  | 44,199 |  |  | 7,146 |  |  | — |  |  | 37,053 |
Loans receivable, net |  | 2,236,064 |  |  | 2,406,676 |  |  | — |  |  | — |  |  | 2,406,676 |
Interest rate swaps |  | 3,603 |  |  | 3,603 |  |  | — |  |  | 3,603 |  |  | — |
Accrued interest receivable |  | 15,125 |  |  | 15,125 |  |  | — |  |  | 2,915 |  |  | 12,210 |
FHLB stock |  | 2,880 |  |  | 2,880 |  |  | — |  |  | 2,880 |  |  | — |
Embedded derivative |  | 648 |  |  | 648 |  |  | — |  |  | — |  |  | 648 |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | 2,776,078 |  |  | 2,758,866 |  |  | — |  |  | 2,758,866 |  |  | — |
Repurchase agreements |  | 2,975 |  |  | 2,975 |  |  | — |  |  | 2,975 |  |  | — |
Interest rate swaps |  | 3,603 |  |  | 3,603 |  |  | — |  |  | 3,603 |  |  | — |
Fair value hedge |  | 1,089 |  |  | 1,089 |  |  | — |  |  | 1,089 |  |  | — |
Accrued interest payable |  | 2,218 |  |  | 2,218 |  |  | — |  |  | 2,218 |  |  | — |
Subordinated debt |  | 73,976 |  |  | 71,410 |  |  | — |  |  | 71,410 |  |  | — |
December 31, 2024 |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 317,913 |  |  | $ | 317,913 |  |  | $ | 317,913 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 410,959 |  |  | 410,959 |  |  | — |  |  | 385,466 |  |  | 25,493 |
Equity securities |  | 42,583 |  |  | 42,583 |  |  | 4,994 |  |  | — |  |  | 37,589 |
Loans receivable, net |  | 2,080,468 |  |  | 2,186,572 |  |  | — |  |  | — |  |  | 2,186,572 |
Interest rate swaps |  | 5,913 |  |  | 5,913 |  |  | — |  |  | 5,913 |  |  | — |
Accrued interest receivable |  | 16,537 |  |  | 16,537 |  |  | — |  |  | 6,815 |  |  | 9,722 |
FHLB stock |  | 2,011 |  |  | 2,011 |  |  | — |  |  | 2,011 |  |  | — |
Embedded derivative |  | 648 |  |  | 648 |  |  | — |  |  | — |  |  | 648 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 2,693,615 |  |  | $ | 2,606,342 |  |  | $ | — |  |  | $ | 2,606,342 |  |  | $ | — |
Repurchase agreements |  | 2,759 |  |  | 2,759 |  |  | — |  |  | 2,759 |  |  | — |
Interest rate swaps |  | 5,913 |  |  | 5,913 |  |  | — |  |  | 5,913 |  |  | — |
Fair value hedge |  | 112 |  |  | 112 |  |  | — |  |  | 112 |  |  | — |
Accrued interest payable |  | 5,788 |  |  | 5,788 |  |  | — |  |  | 5,788 |  |  | — |
Subordinated debt |  | 73,787 |  |  | 106,038 |  |  | — |  |  | 106,038 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/825/tableOfContent + Details
Name: | us-gaap_FinancialInstrumentsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration