SECURITIES (Tables)

6 Months Ended

Jun. 30, 2023

Investments, Debt and Equity Securities [Abstract]

Schedule of Securities Available for Sale

Debt securities available-for-sale ("AFS") at June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	3,074	$	—	$	(80)	$	—	$	2,994
State & political subdivisions	107,396		8		(14,928)		—		92,476
Residential & multi-family mortgage	240,874		—		(37,442)		—		203,432
Corporate notes & bonds	48,779		9		(5,931)		—		42,857
Pooled SBA	12,413		—		(1,036)		—		11,377
Total	$	412,536	$	17	$	(59,417)	$	—	$	353,136

	December 31, 2022
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	3,213	$	—	$	(84)	$	—	$	3,129
State & political subdivisions	112,734		24		(17,095)		—		95,663
Residential & multi-family mortgage	256,111		—		(38,564)		—		217,547
Corporate notes & bonds	47,111		—		(4,720)		—		42,391
Pooled SBA	13,823		—		(1,144)		—		12,679
Total	$	432,992	$	24	$	(61,607)	$	—	$	371,409

Information pertaining to security sales on AFS securities is as follows:

	Proceeds		Gross Gains		Gross Losses
Three months ended June 30, 2023	$	3,492	$	30	$	—
Three months ended June 30, 2022	—		—		—
Six months ended June 30, 2023	13,151		52		—
Six months ended June 30, 2022	22,164		651		—

Schedule of Debt Securities Held-to-maturities

Debt securities held-to-maturity ("HTM") at June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	302,798	$	—	$	(25,781)	$	—	$	277,017
Residential & multi-family mortgage	91,440		—		(9,651)		—		81,789
Total	$	394,238	$	—	$	(35,432)	$	—	$	358,806

	December 31, 2022
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	307,711	$	—	$	(27,276)	$	—	$	280,435
Residential & multi-family mortgage	97,054		—		(10,101)		—		86,953
Total	$	404,765	$	—	$	(37,377)	$	—	$	367,388

HTM debt securities with unrealized losses at June 30, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

June 30, 2023

	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government sponsored entities	$	—	$	—	$	277,017	$	(25,781)	$	277,017	$	(25,781)
Residential & multi-family mortgage	1,158		(244)		80,631		(9,407)		81,789		(9,651)
	$	1,158	$	(244)	$	357,648	$	(35,188)	$	358,806	$	(35,432)

December 31, 2022

	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government sponsored entities	$	143,556	$	(10,063)	$	136,879	$	(17,213)	$	280,435	$	(27,276)
Residential & multi-family mortgage	24,132		(2,253)		62,821		(7,848)		86,953		(10,101)
	$	167,688	$	(12,316)	$	199,700	$	(25,061)	$	367,388	$	(37,377)

Schedule of Maturity Distribution of Debt Securities at Amortized Cost and Fair Value

The table below illustrates the maturity distribution of debt securities at amortized cost and fair value as of June 30, 2023:

	Available-for-sale				Held-to-maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
1 year or less	$	7,839	$	7,754	$	19,912	$	19,299
1 year – 5 years	45,110		42,446		232,093		214,648
5 years – 10 years	83,578		70,916		50,793		43,070
After 10 years	22,722		17,211		—		—
	159,249		138,327		302,798		277,017
Residential & multi-family mortgage	240,874		203,432		91,440		81,789
Pooled SBA	12,413		11,377		—		—
Total debt securities	$	412,536	$	353,136	$	394,238	$	358,806

Available-for-sale Securities with Unrealized Loss Position

AFS debt securities with unrealized losses at June 30, 2023 and December 31, 2022, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

June 30, 2023

	Less than 12 Months				12 Months or More				Total
Description of Securities	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government sponsored entities	$	1,478	$	(5)	$	1,516	$	(75)	$	2,994	$	(80)
State & political subdivisions	12,482		(194)		77,811		(14,734)		90,293		(14,928)
Residential & multi-family mortgage	7,833		(356)		195,504		(37,086)		203,337		(37,442)
Corporate notes and bonds	10,624		(905)		31,225		(5,026)		41,849		(5,931)
Pooled SBA	643		(12)		10,734		(1,024)		11,377		(1,036)
	$	33,060	$	(1,472)	$	316,790	$	(57,945)	$	349,850	$	(59,417)

December 31, 2022

	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Government sponsored entities	$	3,129	$	(84)	$	—	$	—	$	3,129	$	(84)
State & political subdivisions	34,667		(1,887)		54,546		(15,208)		89,213		(17,095)
Residential & multi-family mortgage	48,996		(3,122)		168,551		(35,442)		217,547		(38,564)
Corporate notes and bonds	31,730		(3,403)		10,661		(1,317)		42,391		(4,720)
Pooled SBA	5,107		(314)		7,572		(830)		12,679		(1,144)
	$	123,629	$	(8,810)	$	241,330	$	(52,797)	$	364,959	$	(61,607)

Schedule of Trading Securities

Equity securities at June 30, 2023 and December 31, 2022 were as follows:

	June 30, 2023		December 31, 2022
Corporate equity securities	$	5,633	$	6,973
Mutual funds	2,196		1,406
Money market funds	738		479
Corporate notes	699		757
Total	$	9,266	$	9,615