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Investment Securities (Tables)
 6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Summary of amortized cost and estimated fair value
The following summarizes the amortized cost and fair value of securities
available-for-sale
at June 30, 2025 and December 31, 2024 with gross unrealized gains and losses therein:
 
    
June 30, 2025
  
    
Amortized

Cost
     
Gross

Unrealized

Gains
     
Gross

Unrealized

Losses
     
Fair Value
  
     (In thousands)  
Available-for-sale
         
Mortgage-backed securities - U.S. government sponsored enterprises (GSEs)
    $ 175,736      $ 743      $ (6,033 )     $ 170,445  
U.S. government agency securities
      11,260        1        (919 )       10,341  
Obligations of state and political subdivisions
      43,220        1        (3,635 )       39,587  
Small business association (SBA) securities
      1,481        8        (1 )       1,487  
U.S. treasury securities
      2,905        —         (2 )       2,903  
  
 
 
     
 
 
     
 
 
     
 
 
  
Total
    $ 234,602      $ 753      $ (10,590 )     $ 224,763  
  
 
 
     
 
 
     
 
 
     
 
 
  
 
    
December 31, 2024
  
           
Gross
     
Gross
         
    
Amortized
     
Unrealized
     
Unrealized
         
    
Cost
     
Gains
     
Losses
     
Fair Value
  
            (In thousands)         
Available
-for-sale
         
Mortgage-backed securities - U.S. government sponsored enterprises (GSEs)
    $ 197,792      $ 422      $ (7,669 )     $ 190,545  
U.S. government agency securities
      11,260        17        (1,077 )       10,200  
Obligations of state and political subdivisions
      43,895        1        (4,166 )       39,730  
Small business association (SBA) securities
      1,856        5        (4 )       1,857  
U.S. treasury securities
      4,855        1        (17 )       4,839  
  
 
 
     
 
 
     
 
 
     
 
 
  
Total
    $ 259,658      $ 446      $ (12,933 )     $ 247,171  
  
 
 
     
 
 
     
 
 
     
 
 
  
Summary of fair value of related securities available-for-sale
The unrealized losses, categorized by the length of time of continuous loss position, and the fair value of related securities
available-for-sale
at June 30, 2025 and December 31, 2024 are as follows:
 
    
Less than 12 Months
    
More than 12 Months
    
Total
  
    
Fair
     
Unrealized
    
Fair
     
Unrealized
    
Fair
     
Unrealized
  
    
Value
     
Losses
    
Value
     
Losses
    
Value
     
Losses
  
     (In thousands)  
June 30, 2025
                
Mortgage-backed securities - U.S. government sponsored enterprises (GSEs)
    $ 41,075      $ (278 )    $ 28,055      $ (5,755 )    $ 69,130      $ (6,033 ) 
U.S. government agency securities
      4,879        (60 )      5,400        (859 )      10,279        (919 ) 
Obligations of state and political subdivisions
      2,205        (4 )      34,816        (3,631 )      37,021        (3,635 ) 
Small business association (SBA) securities
      165        —        85        (1 )      250        (1 ) 
U.S. Treasuries
      2,903        (2 )      —         —        2,903        (2 ) 
  
 
 
     
 
 
    
 
 
     
 
 
    
 
 
     
 
 
  
Total
    $ 51,227      $ (344 )    $ 68,356      $ (10,246 )    $ 119,583      $ (10,590 ) 
  
 
 
     
 
 
    
 
 
     
 
 
    
 
 
     
 
 
  
 
 
    
Less than 12 Months
    
More than 12 Months
    
Total
  
    
Fair
     
Unrealized
    
Fair
     
Unrealized
    
Fair
     
Unrealized
  
    
Value
     
Losses
    
Value
     
Losses
    
Value
     
Losses
  
    
(In thousands)
  
December 31, 2024
                
Mortgage-backed securities - U.S. government sponsored enterprises (GSEs)
    $ 122,763      $ (1,157 )    $ 29,229      $ (6,512 )    $ 151,992      $ (7,669 ) 
U.S. government agency securities
      129        —        5,183        (1,077 )      5,312        (1,077 ) 
Obligations of state and political subdivisions
      3,664        (39 )      34,320        (4,127 )      37,984        (4,166 ) 
Small business association (SBA) securities
      447        (1 )      449        (3 )      896        (4 ) 
U.S. Treasuries
      2,846        (17 )      —         —        2,846        (17 ) 
  
 
 
     
 
 
    
 
 
     
 
 
    
 
 
     
 
 
  
   $ 129,849      $ (1,214 )    $ 69,181      $ (11,719 )    $ 199,030      $ (12,933 ) 
  
 
 
     
 
 
    
 
 
     
 
 
    
 
 
     
 
 
  
Summary of securities available-for-sale by contractual maturity
The amortized cost and fair value of securities
available-for-sale
at June 30, 2025 by contractual maturity are shown below. Expected maturities will differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties:
 
    
Amortized
         
    
Cost
     
Fair Value
  
     (In thousands)  
Due in one year or less
    $ 2,122      $ 2,122  
Due after one year through five years
      9,427        9,334  
Due after five years through ten years
      41,975        38,369  
Due after ten years
      5,342        4,493  
Mortgage-backed securities (GSEs)
      175,736        170,445  
  
 
 
     
 
 
  
   $ 234,602      $ 224,763