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INVESTMENT SECURITIES (Tables) | 12 Months Ended
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Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
amortized cost and estimated fair values of investment securities | The amortized cost and estimated fair values of investment securities are summarized below: AVAILABLE-FOR-SALE:
INVESTMENT SECURITIES |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 60,552 |  |  | $ | — |  |  | $ | (4,569 | ) |  | $ | 55,983 |
Government Sponsored Enterprises |  |  | 2,500 |  |  |  | — |  |  |  | (426 | ) |  |  | 2,074 |
Mortgage-backed securities |  |  | 263,704 |  |  |  | 10 |  |  |  | (19,114 | ) |  |  | 244,600 |
Small Business Administration pools |  |  | 21,657 |  |  |  | 60 |  |  |  | (630 | ) |  |  | 21,087 |
State and local government |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate and other securities |  |  | 8,772 |  |  |  | 12 |  |  |  | (666 | ) |  |  | 8,118 |
Total |  | $ | 357,185 |  |  | $ | 82 |  |  | $ | (25,405 | ) |  | $ | 331,862 |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | 15,736 |  |  | $ | — |  |  | $ | 300 |  |  | $ | 15,436 |
Government Sponsored Enterprises |  |  | 2,499 |  |  |  | 2 |  |  |  | — |  |  |  | 2,501 |
Mortgage-backed securities |  |  | 398,125 |  |  |  | 3,596 |  |  |  | 3,992 |  |  |  | 397,729 |
Small Business Administration pools |  |  | 30,835 |  |  |  | 505 |  |  |  | 67 |  |  |  | 31,273 |
State and local government |  |  | 105,469 |  |  |  | 4,918 |  |  |  | 539 |  |  |  | 109,848 |
Corporate and other securities |  |  | 8,024 |  |  |  | 157 |  |  |  | 129 |  |  |  | 8,052 |
Total |  | $ | 560,688 |  |  | $ | 9,178 |  |  | $ | 5,027 |  |  | $ | 564,839 |
HELD-TO-MATURITY | HELD-TO-MATURITY:
INVESTMENT SECURITIES (Details 2) |
(Dollars in thousands) |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Treasury securities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Government Sponsored Enterprises |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Mortgage-backed securities |  |  | 121,772 |  |  |  | — |  |  |  | (8,656 | ) |  |  | 113,116 |
Small Business Administration pools |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
State and local government |  |  | 106,929 |  |  |  | — |  |  |  | (6,432 | ) |  |  | 100,497 |
Corporate and other securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 228,701 |  |  | $ | — |  |  | $ | (15,088 | ) |  | $ | 213,613 |
Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities | Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous loss position.
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2022 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury Securities |  | $ | 28,827 |  |  | $ | 1,032 |  |  | $ | 27,156 |  |  | $ | 3,537 |  |  | $ | 55,983 |  |  | $ | 4,569 |
Government Sponsored Enterprise |  |  | — |  |  |  | — |  |  |  | 2,074 |  |  |  | 426 |  |  |  | 2,074 |  |  |  | 426 |
Mortgage-backed securities |  |  | 81,961 |  |  |  | 4,435 |  |  |  | 159,227 |  |  |  | 14,679 |  |  |  | 241,188 |  |  |  | 19,114 |
Small Business Administration pools |  |  | 16,066 |  |  |  | 453 |  |  |  | 2,592 |  |  |  | 177 |  |  |  | 18,658 |  |  |  | 630 |
State and local government |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate and other securities |  |  | 2,128 |  |  |  | 146 |  |  |  | 3,230 |  |  |  | 520 |  |  |  | 5,358 |  |  |  | 666 |
Total |  | $ | 128,982 |  |  | $ | 6,067 |  |  | $ | 194,279 |  |  | $ | 19,338 |  |  | $ | 323,261 |  |  | $ | 25,405 |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2021 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury Securities |  | $ | 14,479 |  |  | $ | 264 |  |  | $ | 958 |  |  | $ | 36 |  |  | $ | 15,437 |  |  | $ | 300 |
Mortgage-backed securities |  |  | 200,238 |  |  |  | 3,156 |  |  |  | 48,570 |  |  |  | 836 |  |  |  | 248,808 |  |  |  | 3,992 |
Small Business Administration pools |  |  | 7,232 |  |  |  | 67 |  |  |  | — |  |  |  | — |  |  |  | 7,232 |  |  |  | 67 |
State and local government |  |  | 21,261 |  |  |  | 539 |  |  |  | — |  |  |  | — |  |  |  | 21,261 |  |  |  | 539 |
Corporate and other securities |  |  | 3,621 |  |  |  | 129 |  |  |  | — |  |  |  | — |  |  |  | 3,621 |  |  |  | 129 |
Total |  | $ | 246,831 |  |  | $ | 4,155 |  |  | $ | 49,528 |  |  | $ | 872 |  |  | $ | 296,359 |  |  | $ | 5,027 |
[custom:DisclosureInvestmentSecuritiesDetails3Abstract] |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2022 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury Securities |  | $ | 28,827 |  |  | $ | 1,032 |  |  | $ | 27,156 |  |  | $ | 3,537 |  |  | $ | 55,983 |  |  | $ | 4,569 |
Government Sponsored Enterprise |  |  | — |  |  |  | — |  |  |  | 2,074 |  |  |  | 426 |  |  |  | 2,074 |  |  |  | 426 |
Mortgage-backed securities |  |  | 81,961 |  |  |  | 4,435 |  |  |  | 159,227 |  |  |  | 14,679 |  |  |  | 241,188 |  |  |  | 19,114 |
Small Business Administration pools |  |  | 16,066 |  |  |  | 453 |  |  |  | 2,592 |  |  |  | 177 |  |  |  | 18,658 |  |  |  | 630 |
State and local government |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Corporate and other securities |  |  | 2,128 |  |  |  | 146 |  |  |  | 3,230 |  |  |  | 520 |  |  |  | 5,358 |  |  |  | 666 |
Total |  | $ | 128,982 |  |  | $ | 6,067 |  |  | $ | 194,279 |  |  | $ | 19,338 |  |  | $ | 323,261 |  |  | $ | 25,405 |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2021 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Available-for-sale securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury Securities |  | $ | 14,479 |  |  | $ | 264 |  |  | $ | 958 |  |  | $ | 36 |  |  | $ | 15,437 |  |  | $ | 300 |
Mortgage-backed securities |  |  | 200,238 |  |  |  | 3,156 |  |  |  | 48,570 |  |  |  | 836 |  |  |  | 248,808 |  |  |  | 3,992 |
Small Business Administration pools |  |  | 7,232 |  |  |  | 67 |  |  |  | — |  |  |  | — |  |  |  | 7,232 |  |  |  | 67 |
State and local government |  |  | 21,261 |  |  |  | 539 |  |  |  | — |  |  |  | — |  |  |  | 21,261 |  |  |  | 539 |
Corporate and other securities |  |  | 3,621 |  |  |  | 129 |  |  |  | — |  |  |  | — |  |  |  | 3,621 |  |  |  | 129 |
Total |  | $ | 246,831 |  |  | $ | 4,155 |  |  | $ | 49,528 |  |  | $ | 872 |  |  | $ | 296,359 |  |  | $ | 5,027 |
Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual held-to-maturity have been in a continuous loss position. | Schedule of gross unrealized losses and fair values, aggregated by investment category and length of time that individual held-to-maturity have been in a continuous loss position.
INVESTMENT SECURITIES (Details 4) |
(Dollars in thousands) |  | Less than 12 months |  |  | 12 months or more |  |  | Total |
December 31, 2022 |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |
Held-to-maturity securities: |  | Value |  |  | Loss |  |  | Value |  |  | Loss |  |  | Value |  |  | Loss |
US Treasury Securities |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Government Sponsored Enterprise |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Mortgage-backed securities |  |  | 98,971 |  |  |  | 7,249 |  |  |  | 14,145 |  |  |  | 1,407 |  |  |  | 113,116 |  |  |  | 8,656 |
Small Business Administration pools |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
State and local government |  |  | 92,140 |  |  |  | 5,518 |  |  |  | 8,357 |  |  |  | 914 |  |  |  | 100,497 |  |  |  | 6,432 |
Corporate and other securities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 191,111 |  |  | $ | 12,767 |  |  | $ | 22,502 |  |  | $ | 2,321 |  |  | $ | 213,613 |  |  | $ | 15,088 |
Schedule of Amortized Cost and Fair Value of Investment Securities | The amortized cost and fair value of investment securities at December 31, 2022, by expected maturity, follow. Expected maturities differ from contractual maturities because borrowers may have the right to call or prepay the obligations with or without prepayment penalties. Mortgage-backed securities are included in the year corresponding with the remaining expected life. Schedule of Amortized Cost and Fair Value of Investment Securities AVAILABLE-FOR-SALE:
INVESTMENT SECURITIES (Details 5) |
(Dollars in thousands) |  | Available-for-sale |
|  | Amortized Cost |  |  | Fair Value |
Due in one year or less |  | $ | 1,215 |  |  | $ | 1,214 |
Due after one year through five years |  |  | 111,088 |  |  |  | 106,385 |
Due after five years through ten years |  |  | 221,565 |  |  |  | 203,959 |
Due after ten years |  |  | 23,317 |  |  |  | 20,304 |
|  | $ | 357,185 |  |  | $ | 331,862 |

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