INVESTMENT SECURITIES (Tables)

6 Months Ended

Jun. 30, 2022

Investments in Securities

Investment Securities

	June 30, 2022
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	336,176	$	18	$	24,000	$	312,194
Agency collateralized mortgage obligations		82,992		—		7,718		75,274
States and political subdivisions		67,548		151		2,337		65,362
Small Business Administration securities		69,530		—		2,888		66,642
	$	556,246	$	169	$	36,943	$	519,472

	December 31, 2021
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	219,624	$	10,561	$	744	$	229,441
Agency collateralized mortgage obligations		204,332		2,443		2,498		204,277
States and political subdivisions		38,440		1,618		43		40,015
Small Business Administration securities		26,802		497		—		27,299
	$	489,198	$	15,119	$	3,285	$	501,032

Schedule of amortized cost and fair values of securities classified as held-to-maturity

	June 30, 2022
					Amortized		Gross		Gross
	Amortized		Fair Value		Carrying		Unrealized		Unrealized		Fair
	Cost		Adjustment		Value		Gains		Losses		Value
	(In Thousands)
HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities	$	80,331	$	3,583	$	83,914	$	—	$	6,476	$	77,438
Agency collateralized mortgage obligations		128,435		(3,242)		125,193		—		8,916		116,277
States and political subdivisions		6,265		(18)		6,247		—		709		5,538
	$	215,031	$	323	$	215,354	$	—	$	16,101	$	199,253

Investments Classified by Contractual Maturity Date

	Available-for-Sale				Held-to-Maturity
	Amortized		Fair		Amortized		Fair
	Cost		Value		Carrying Value		Value
	(In Thousands)
One year or less	$	—	$	—	$	—	$	—
After one through two years		—		—		—		—
After two through three years		—		—		—		—
After three through four years		—		—		—		—
After four through five years		2,289		2,297		—		—
After five through fifteen years		14,524		14,358		2,576		2,253
After fifteen years		50,736		48,709		3,670		3,284
Securities not due on a single maturity date		488,697		454,108		209,108		193,716
	$	556,246	$	519,472	$	215,354	$	199,253

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value

	June 30, 2022
	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	303,739	$	(24,000)	$	—	$	—	$	303,739	$	(24,000)
Agency collateralized mortgage obligations		64,794		(5,116)		10,479		(2,602)		75,273		(7,718)
States and political subdivisions securities		48,137		(2,337)		—		—		48,137		(2,337)
Small Business Administration securities		66,642		(2,888)		—		—		66,642		(2,888)
	$	483,312	$	(34,341)	$	10,479	$	(2,602)	$	493,791	$	(36,943)

	June 30, 2022
	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
	(In Thousands)
HELD-TO-MATURITY SECURITIES:
Agency mortgage-backed securities	$	69,001	$	(4,925)	$	8,437	$	(1,551)	$	77,438	$	(6,476)
Agency collateralized mortgage obligations		109,116		(8,439)		7,161		(477)		116,277		(8,916)
States and political subdivisions securities		3,227		(417)		2,311		(292)		5,538		(709)
	$	181,344	$	(13,781)	$	17,909	$	(2,320)	$	199,253	$	(16,101)

	December 31, 2021
	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	47,769	$	(388)	$	10,583	$	(356)	$	58,352	$	(744)
Agency collateralized mortgage obligations		92,727		(1,588)		16,298		(910)		109,025		(2,498)
States and political subdivisions securities		6,537		(43)		—		—		6,537		(43)
	$	147,033	$	(2,019)	$	26,881	$	(1,266)	$	173,914	$	(3,285)