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INVESTMENT SECURITIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract] |
Schedule of Amortized Cost and Estimated Fair Value of Securities Available-for-Sale and Held-to-Maturity | The amortized cost and estimated fair value of securities available-for-sale and held-to-maturity, along with gross unrealized gains and losses are summarized as follows:
(dollars in thousands) |  |  |  |  |  |  |
December 31, 2024 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Securities Available-for-Sale: |  |  |  |  |  |  |
U.S. treasury securities | $ | 3,173 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,173 |
U.S. agency securities | 3,001 |  |  | — |  |  | (246) |  |  | 2,755 |
Asset backed securities | 17,925 |  |  | 17 |  |  | (118) |  |  | 17,824 |
State, county & municipal securities | 110,952 |  |  | — |  |  | (15,315) |  |  | 95,637 |
Corporate debt securities | 53,324 |  |  | 1 |  |  | (5,543) |  |  | 47,782 |
Mortgage-backed securities | 221,005 |  |  | 207 |  |  | (22,334) |  |  | 198,878 |
Total | $ | 409,380 |  |  | $ | 225 |  |  | $ | (43,556) |  |  | $ | 366,049 |
December 31, 2024 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Securities Held-to-Maturity: |  |  |  |  |  |  |
U.S. treasury securities | $ | 91,004 |  |  | $ | — |  |  | $ | (2,828) |  |  | $ | 88,176 |
U.S. agency securities | 16,151 |  |  | — |  |  | (1,263) |  |  | 14,888 |
State, county & municipal securities | 137,190 |  |  | — |  |  | (15,915) |  |  | 121,275 |
Mortgage-backed securities | 185,732 |  |  | — |  |  | (27,051) |  |  | 158,681 |
Total | $ | 430,077 |  |  | $ | — |  |  | $ | (47,057) |  |  | $ | 383,020 |
December 31, 2023 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Securities Available-for-Sale: |  |  |  |  |  |  |
U.S. treasury securities | $ | 500 |  |  | $ | — |  |  | $ | (2) |  |  | $ | 498 |
U.S. agency securities | 4,500 |  |  | — |  |  | (361) |  |  | 4,139 |
Asset backed securities | 25,035 |  |  | — |  |  | (405) |  |  | 24,630 |
State, county & municipal securities | 124,524 |  |  | 6 |  |  | (15,494) |  |  | 109,036 |
Corporate debt securities | 53,834 |  |  | 16 |  |  | (6,460) |  |  | 47,390 |
Mortgage-backed securities | 246,901 |  |  | 36 |  |  | (25,248) |  |  | 221,689 |
Total | $ | 455,294 |  |  | $ | 58 |  |  | $ | (47,970) |  |  | $ | 407,382 |
December 31, 2023 | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Securities Held-to-Maturity: |  |  |  |  |  |  |
U.S. treasury securities | $ | 93,306 |  |  | $ | — |  |  | $ | (3,212) |  |  | $ | 90,094 |
U.S. agency securities | 16,282 |  |  | — |  |  | (1,424) |  |  | 14,858 |
State, county & municipal securities | 136,685 |  |  | 356 |  |  | (13,859) |  |  | 123,182 |
Mortgage-backed securities | 202,758 |  |  | — |  |  | (25,316) |  |  | 177,442 |
Total | $ | 449,031 |  |  | $ | 356 |  |  | $ | (43,811) |  |  | $ | 405,576 |
Schedule of Continuous Unrealized Loss Position | Information pertaining to available-for-sale securities with gross unrealized losses at December 31, 2024 and December 31, 2023 aggregated by investment category and length of time that securities have been in a continuous unrealized loss position are summarized as follows:
| Less Than 12 Months |  | 12 Months or More |  | Total
(dollars in thousands) | Estimated Fair Value |  | Unrealized Losses |  | Estimated Fair Value |  | Unrealized Losses |  | Estimated Fair Value |  | Unrealized Losses
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
U.S. agency securities | — |  |  | — |  |  | 2,755 |  |  | (246) |  |  | 2,755 |  |  | (246) |
Asset backed securities | 3,715 |  |  | (8) |  |  | 8,269 |  |  | (110) |  |  | 11,984 |  |  | (118) |
State, county & municipal securities | 2,829 |  |  | (294) |  |  | 92,808 |  |  | (15,021) |  |  | 95,637 |  |  | (15,315) |
Corporate debt securities | 4,434 |  |  | (720) |  |  | 42,847 |  |  | (4,823) |  |  | 47,281 |  |  | (5,543) |
Mortgage-backed securities | 21,278 |  |  | (430) |  |  | 160,343 |  |  | (21,904) |  |  | 181,621 |  |  | (22,334) |
Total debt securities | $ | 32,256 |  |  | $ | (1,452) |  |  | $ | 307,022 |  |  | $ | (42,104) |  |  | $ | 339,278 |  |  | $ | (43,556) |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | — |  |  | $ | — |  |  | $ | 498 |  |  | $ | (2) |  |  | $ | 498 |  |  | $ | (2) |
U.S. agency securities | — |  |  | — |  |  | 4,139 |  |  | (361) |  |  | 4,139 |  |  | (361) |
Asset backed securities | 6,196 |  |  | (75) |  |  | 17,424 |  |  | (330) |  |  | 23,620 |  |  | $ | (405) |
State, county & municipal securities | 1,033 |  |  | (138) |  |  | 107,443 |  |  | (15,356) |  |  | 108,476 |  |  | $ | (15,494) |
Corporate debt securities | 1,446 |  |  | (105) |  |  | 45,044 |  |  | (6,355) |  |  | 46,490 |  |  | (6,460) |
Mortgage-backed securities | 5,921 |  |  | (49) |  |  | 212,876 |  |  | (25,199) |  |  | 218,797 |  |  | (25,248) |
Total debt securities | $ | 14,596 |  |  | $ | (367) |  |  | $ | 387,424 |  |  | $ | (47,603) |  |  | $ | 402,020 |  |  | $ | (47,970) |
Information pertaining to held-to-maturity securities with gross unrealized losses at December 31, 2024 and December 31, 2023 aggregated by investment category and length of time that individual securities have been in a continuous loss position is summarized as follows:
| Less Than 12 Months |  | 12 Months or Greater |  | Total
(dollars in thousands) | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | — |  |  | $ | — |  |  | $ | 88,176 |  |  | $ | (2,828) |  |  | $ | 88,176 |  |  | $ | (2,828) |
U.S. agency securities | — |  |  | — |  |  | 14,888 |  |  | (1,263) |  |  | 14,888 |  |  | (1,263) |
State, county & municipal securities | 18,751 |  |  | (374) |  |  | 102,524 |  |  | (15,541) |  |  | 121,275 |  |  | (15,915) |
Mortgage-backed securities | — |  |  | — |  |  | 158,681 |  |  | (27,051) |  |  | 158,681 |  |  | (27,051) |
| $ | 18,751 |  |  | $ | (374) |  |  | $ | 364,269 |  |  | $ | (46,683) |  |  | $ | 383,020 |  |  | $ | (47,057) |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | — |  |  | $ | — |  |  | $ | 90,094 |  |  | $ | (3,212) |  |  | $ | 90,094 |  |  | $ | (3,212) |
U.S. agency securities | — |  |  | — |  |  | 14,858 |  |  | (1,424) |  |  | 14,858 |  |  | (1,424) |
State, county & municipal securities | 1,461 |  |  | (78) |  |  | 103,500 |  |  | (13,781) |  |  | 104,961 |  |  | (13,859) |
Mortgage-backed securities | — |  |  | — |  |  | 177,442 |  |  | (25,316) |  |  | 177,442 |  |  | (25,316) |
| $ | 1,461 |  |  | $ | (78) |  |  | $ | 385,894 |  |  | $ | (43,733) |  |  | $ | 387,355 |  |  | $ | (43,811) |
Schedule of Mortgage-Backed Securities | This is often the case with mortgage-backed securities, which are disclosed separately in the table below.
| Available-for-Sale |  | Held-to-Maturity
(dollars in thousands) | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Due in one year or less | $ | 5,173 |  |  | $ | 5,153 |  |  | $ | 33,647 |  |  | $ | 33,401 |
Due after one year through five years | 22,330 |  |  | 20,622 |  |  | 71,876 |  |  | 68,754 |
Due after five years through ten years | 92,606 |  |  | 79,917 |  |  | 71,187 |  |  | 62,678 |
Due after ten years | 68,266 |  |  | 61,479 |  |  | 67,635 |  |  | 59,506 |
| $ | 188,375 |  |  | $ | 167,171 |  |  | $ | 244,345 |  |  | $ | 224,339 |
Mortgage-backed securities | 221,005 |  |  | 198,878 |  |  | 185,732 |  |  | 158,681 |
| $ | 409,380 |  |  | $ | 366,049 |  |  | $ | 430,077 |  |  | $ | 383,020 |

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