SECURITIES (Tables)

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Securities Available for Sale

Debt securities available-for-sale ("AFS") at March 31, 2024 and December 31, 2023 were as follows:

	March 31, 2024
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	19,506	$	—	$	(31)	$	—	$	19,475
State & political subdivisions	104,979		6		(13,743)		—		91,242
Residential & multi-family mortgage	220,199		—		(35,417)		—		184,782
Corporate notes & bonds	48,281		3		(5,317)		—		42,967
Pooled SBA	11,029		—		(930)		—		10,099
Total	$	403,994	$	9	$	(55,438)	$	—	$	348,565

	December 31, 2023
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	5,024	$	—	$	(36)	$	—	$	4,988
State & political subdivisions	105,102		22		(13,315)		—		91,809
Residential & multi-family mortgage	225,871		1		(34,353)		—		191,519
Corporate notes & bonds	48,459		13		(5,333)		—		43,139
Pooled SBA	11,347		—		(847)		—		10,500
Total	$	395,803	$	36	$	(53,884)	$	—	$	341,955

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

	Proceeds		Gross Gains		Gross Losses
Three months ended March 31, 2024	$	—	$	—	$	—
Three months ended March 31, 2023	9,659		22		—

Schedule of Debt Securities Held-to-maturities

Debt securities held-to-maturity ("HTM") at March 31, 2024 and December 31, 2023 were as follows:

	March 31, 2024
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	298,024	$	—	$	(19,373)	$	—	$	278,651
Residential & multi-family mortgage	83,682		—		(10,195)		—		73,487
Total	$	381,706	$	—	$	(29,568)	$	—	$	352,138

	December 31, 2023
	Amortized		Unrealized				Allowance For		Fair
	Cost		Gains		Losses		Credit Losses		Value
U.S. Government sponsored entities	$	302,945	$	—	$	(19,038)	$	—	$	283,907
Residential & multi-family mortgage	86,023		—		(9,360)		—		76,663
Total	$	388,968	$	—	$	(28,398)	$	—	$	360,570

HTM debt securities with unrealized losses at March 31, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2024

	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	$	—	$	—	$	278,651	$	(19,373)	$	278,651	$	(19,373)
Residential & multi-family mortgage	—		—		73,487		(10,195)		73,487		(10,195)
	$	—	$	—	$	352,138	$	(29,568)	$	352,138	$	(29,568)

December 31, 2023

	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	$	—	$	—	$	283,907	$	(19,038)	$	283,907	$	(19,038)
Residential & multi-family mortgage	—		—		76,663		(9,360)		76,663		(9,360)
	$	—	$	—	$	360,570	$	(28,398)	$	360,570	$	(28,398)

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 March 31, 2024:

	Available-for-sale				Held-to-maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
1 year or less	$	18,688	$	18,582	$	87,559	$	85,994
1 year – 5 years	50,847		48,517		172,326		160,096
5 years – 10 years	81,804		70,462		38,139		32,561
After 10 years	21,427		16,123		—		—
	172,766		153,684		298,024		278,651
Residential & multi-family mortgage	220,199		184,782		83,682		73,487
Pooled SBA	11,029		10,099		—		—
Total debt securities	$	403,994	$	348,565	$	381,706	$	352,138

Available-for-sale Securities with Unrealized Loss Position

AFS debt securities with unrealized losses at March 31, 2024 and December 31, 2023, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

March 31, 2024

	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	$	18,028	$	(7)	$	1,447	$	(24)	$	19,475	$	(31)
State & political subdivisions	5,266		(188)		81,595		(13,555)		86,861		(13,743)
Residential & multi-family mortgage	112		(3)		184,580		(35,414)		184,692		(35,417)
Corporate notes and bonds	986		(14)		41,314		(5,303)		42,300		(5,317)
Pooled SBA	84		(1)		9,924		(929)		10,008		(930)
	$	24,476	$	(213)	$	318,860	$	(55,225)	$	343,336	$	(55,438)

December 31, 2023

	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	$	2,487	$	(1)	$	1,956	$	(35)	$	4,443	$	(36)
State & political subdivisions	749		—		84,828		(13,315)		85,577		(13,315)
Residential & multi-family mortgage	—		—		191,436		(34,353)		191,436		(34,353)
Corporate notes and bonds	978		(22)		41,488		(5,311)		42,466		(5,333)
Pooled SBA	—		—		10,409		(847)		10,409		(847)
	$	4,214	$	(23)	$	330,117	$	(53,861)	$	334,331	$	(53,884)

Schedule of Trading Securities

Equity securities at March 31, 2024 and December 31, 2023 were as follows:

	March 31, 2024		December 31, 2023
Corporate equity securities	$	5,416	$	5,341
Mutual funds	2,278		2,223
Money market funds	1355		1,103
Corporate notes	532		634
Total	$	9,581	$	9,301