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Investment Securities (Tables)

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Amortized Cost and Fair Value of Debt Securities Available-for-Sale

The amortized cost and fair value of debt securities classified as available-for-sale at September 30, 2025 and December 31, 2024 were as follows:

									Gross Unrealized
(dollars in thousands)			Total Amortized Cost						Gains						Losses						Fair Value
September 30, 2025
U.S. Treasury			$	4,946					$	111					$	—					$	5,057
U.S. government-sponsored enterprises			11,174						39						(130)						11,083
Obligations of states and political subdivisions			121,744						5						(20,465)						101,284
Mortgage-backed securities
Residential			63,184						652						(2,514)						61,322
Commercial			15,454						13						(2,069)						13,398
Other debt securities (1)			23,444						257						(419)						23,282
Bank issued trust preferred securities (1)			1,486						—						(207)						1,279
Total available-for-sale securities			$	241,432					$	1,077					$	(25,804)					$	216,705
December 31, 2024
U.S. Treasury			$	4,937					$	—					$	(22)					$	4,915
U.S. government and federal agency obligations			408						—						(7)						401
U.S. government-sponsored enterprises			13,020						11						(227)						12,804
Obligations of states and political subdivisions			125,559						7						(23,080)						102,486
Mortgage-backed securities
Residential			68,346						59						(4,034)						64,371
Commercial			16,383						—						(2,644)						13,739
Other debt securities (1)			19,419						49						(781)						18,687
Bank issued trust preferred securities (1)			1,486						—						(237)						1,249
Total available-for-sale securities			$	249,558					$	126					$	(31,032)					$	218,652

(1)Certain hybrid instruments possessing characteristics typically associated with debt obligations.

Schedule of Amortized Cost and Fair Value of Debt Securities Classified as Available-for-Sale by Contractual Maturity

Expected maturities may differ from contractual maturities because borrowers have the right to call or prepay obligations with or without prepayment penalties.

			September 30, 2025
(dollars in thousands)			Amortized Cost						Fair Value
Due in one year or less			$	1,090					$	1,093
Due after one year through five years			24,598						24,441
Due after five years through ten years			37,999						35,892
Due after ten years			99,107						80,559
Total			162,794						141,985
Mortgage-backed securities			78,638						74,720
Total available-for-sale securities			$	241,432					$	216,705

Schedule of Other Securities

Investments in FHLB stock and Midwest Independent BankersBank (“MIB”) stock that do not have readily determinable fair values are required for membership in those organizations.

(dollars in thousands)			September 30, 2025						December 31, 2024
FHLB stock			$	9,099					$	4,924
MIB stock			151						151
Equity securities with readily determinable fair values			62						74
Total other investment securities			$	9,312					$	5,149

Schedule of Gross Unrealized Losses on Debt Securities and Fair Value of Related Securities Aggregated by Investment Category and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position

Gross unrealized losses on debt securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at September 30, 2025 and December 31, 2024 were as follows:

			Less than 12 months												12 months or more
(dollars in thousands)			Fair Value						Unrealized Losses						Fair Value						Unrealized Losses						Total Fair Value						Total Unrealized Losses
September 30, 2025
U.S. government-sponsored enterprises			$	—					$	—					$	1,870					$	(130)					$	1,870					$	(130)
Obligations of states and political subdivisions			1,792						(18)						98,111						(20,447)						99,903						(20,465)
Mortgage-backed securities
Residential			—						—						21,319						(2,514)						21,319						(2,514)
Commercial			2,177						(10)						9,885						(2,059)						12,062						(2,069)
Other debt securities			3,663						(72)						4,478						(347)						8,141						(419)
Bank issued trust preferred securities			—						—						1,279						(207)						1,279						(207)
Total			$	7,632					$	(100)					$	136,942					$	(25,704)					$	144,574					$	(25,804)
December 31, 2024
U.S. Treasury			$	4,915					$	(22)					$	—					$	—					$	4,915					$	(22)
U.S. government and federal agency obligations			—						—						401						(7)						401						(7)
U.S. government-sponsored enterprises			996						(5)						1,778						(222)						2,774						(227)
Obligations of states and political subdivisions			2,791						(163)						98,442						(22,917)						101,233						(23,080)
Mortgage-backed securities
Residential			34,179						(435)						23,453						(3,599)						57,632						(4,034)
Commercial			3,580						(128)						10,159						(2,516)						13,739						(2,644)
Other debt securities			4,900						(58)						9,101						(723)						14,001						(781)
Bank issued trust preferred securities			—						—						1,249						(237)						1,249						(237)
Total			$	51,361					$	(811)					$	144,583					$	(30,221)					$	195,944					$	(31,032)

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479081/326-30-55-8

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-6

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479106/326-30-50-4

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Tabular disclosure of the investment holdings which are represented by other than securities (for example, commodities). The investment holdings, other than securities investments table lists the long positions of non-security investments held by entity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 320
-Name Accounting Standards Codification
-Section S99
-Paragraph 5D
-Subparagraph (SX 210.12-13D)
-Publisher FASB
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Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

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